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Category: Africa

  • MIL-OSI Europe: Written question – Making the EU’s development aid contingent on the repatriation of immigrants – E-000654/2025

    Source: European Parliament

    Question for written answer  E-000654/2025/rev.1
    to the Commission
    Rule 144
    Kristoffer Storm (ECR), Dick Erixon (ECR), Fernand Kartheiser (ECR), Sebastian Tynkkynen (ECR)

    Finland recently suspended development cooperation with Somalia on account of its refusal to accept the repatriation of immigrants. This indicates that it is possible to put pressure on developing countries to take back their citizens if financial aid from the EU is halted.

    In the light of this, we ask the Commission the following questions:

    • 1.Does the Commission send financial development aid to Somalia directly or through development projects?
    • 2.Is the Commission willing to make the distribution of financial aid to developing countries contingent on the repatriation of immigrants to their country of origin?

    Submitted: 12.2.2025

    Last updated: 7 March 2025

    MIL OSI Europe News –

    March 8, 2025
  • MIL-OSI Europe: Final draft agenda – Wednesday, 12 March 2025 – Strasbourg

    Source: European Parliament

    20 European Semester for economic policy coordination 2025
    Fernando Navarrete Rojas (A10-0022/2025)      – Amendments Wednesday, 5 March 2025, 13:00 17 European Semester for economic policy coordination: employment and social priorities for 2025
    Maravillas Abadía Jover (A10-0023/2025)      – Amendments Wednesday, 5 March 2025, 13:00 62 Action Plan for the Automotive Industry     – Motion for a resolution Wednesday, 26 March 2025, 13:00     – Amendments to motions for resolutions; joint motions for resolutions Friday, 28 March 2025, 12:00     – Amendments to joint motions for resolutions Friday, 28 March 2025, 13:00     – Requests for “separate”, “split” and “roll-call” votes Monday, 31 March 2025, 19:00 61 Parliament’s calendar of part-sessions – 2026     – Amendments Monday, 10 March 2025, 19:00     – Requests for “separate”, “split” and “roll-call” votes Tuesday, 11 March 2025, 16:00 38 Continuing the unwavering EU support for Ukraine, after three years of Russia’s war of aggression     – Motions for resolutions Friday, 7 March 2025, 12:00     – Amendments to motions for resolutions; joint motions for resolutions Tuesday, 11 March 2025, 12:00     – Amendments to joint motions for resolutions Tuesday, 11 March 2025, 13:00     – Requests for “separate”, “split” and “roll-call” votes Tuesday, 11 March 2025, 19:00 48 White paper on the future of European defence     – Motions for resolutions Wednesday, 5 March 2025, 13:00     – Amendments to motions for resolutions; joint motions for resolutions Monday, 10 March 2025, 19:00     – Amendments to joint motions for resolutions Monday, 10 March 2025, 20:00     – Requests for “separate”, “split” and “roll-call” votes Tuesday, 11 March 2025, 16:00 42 The need for EU support towards a just transition and reconstruction in Syria     – Motions for resolutions Friday, 7 March 2025, 12:00     – Amendments to motions for resolutions; joint motions for resolutions Tuesday, 11 March 2025, 12:00     – Amendments to joint motions for resolutions Tuesday, 11 March 2025, 13:00     – Requests for “separate”, “split” and “roll-call” votes Tuesday, 11 March 2025, 19:00 51 Social and employment aspects of restructuring processes: the need to protect jobs and workers’ rights     – Motion for a resolution Wednesday, 5 March 2025, 13:00     – Amendments to motions for resolutions; joint motions for resolutions Friday, 7 March 2025, 12:00     – Amendments to joint motions for resolutions Friday, 7 March 2025, 13:00 60 Democracy and human rights in Thailand, notably the lese-majesty law and the deportation of Uyghur refugees     – Motion for a resolution Monday, 10 March 2025, 20:00     – Amendments to motions for resolutions; joint motions for resolutions Wednesday, 12 March 2025, 13:00     – Amendments to joint motions for resolutions Wednesday, 12 March 2025, 14:00 63 Severe political, humanitarian and human rights crisis in Sudan, in particular the sexual violence and child rape     – Motion for a resolution Monday, 10 March 2025, 20:00     – Amendments to motions for resolutions; joint motions for resolutions Wednesday, 12 March 2025, 13:00     – Amendments to joint motions for resolutions Wednesday, 12 March 2025, 14:00 64 Unlawful detention and sham trials of Armenian hostages, including high-ranking political representatives from Nagorno-Karabakh, by Azerbaijan     – Motion for a resolution Monday, 10 March 2025, 20:00     – Amendments to motions for resolutions; joint motions for resolutions Wednesday, 12 March 2025, 13:00     – Amendments to joint motions for resolutions Wednesday, 12 March 2025, 14:00 Separate votes – Split votes – Roll-call votes Texts put to the vote on Tuesday Friday, 7 March 2025, 12:00 Texts put to the vote on Wednesday Monday, 10 March 2025, 19:00 Texts put to the vote on Thursday Tuesday, 11 March 2025, 19:00 Motions for resolutions concerning debates on cases of breaches of human rights, democracy and the rule of law (Rule 150) Wednesday, 12 March 2025, 19:00

    MIL OSI Europe News –

    March 8, 2025
  • MIL-OSI Europe: Final draft agenda – Thursday, 13 March 2025 – Strasbourg

    Source: European Parliament

    60 Democracy and human rights in Thailand, notably the lese-majesty law and the deportation of Uyghur refugees     – Motion for a resolution Monday, 10 March 2025, 20:00     – Amendments to motions for resolutions; joint motions for resolutions Wednesday, 12 March 2025, 13:00     – Amendments to joint motions for resolutions Wednesday, 12 March 2025, 14:00 63 Severe political, humanitarian and human rights crisis in Sudan, in particular the sexual violence and child rape     – Motion for a resolution Monday, 10 March 2025, 20:00     – Amendments to motions for resolutions; joint motions for resolutions Wednesday, 12 March 2025, 13:00     – Amendments to joint motions for resolutions Wednesday, 12 March 2025, 14:00 64 Unlawful detention and sham trials of Armenian hostages, including high-ranking political representatives from Nagorno-Karabakh, by Azerbaijan     – Motion for a resolution Monday, 10 March 2025, 20:00     – Amendments to motions for resolutions; joint motions for resolutions Wednesday, 12 March 2025, 13:00     – Amendments to joint motions for resolutions Wednesday, 12 March 2025, 14:00 51 Social and employment aspects of restructuring processes: the need to protect jobs and workers’ rights     – Motion for a resolution Wednesday, 5 March 2025, 13:00     – Amendments to motions for resolutions; joint motions for resolutions Friday, 7 March 2025, 12:00     – Amendments to joint motions for resolutions Friday, 7 March 2025, 13:00 Separate votes – Split votes – Roll-call votes Texts put to the vote on Tuesday Friday, 7 March 2025, 12:00 Texts put to the vote on Wednesday Monday, 10 March 2025, 19:00 Texts put to the vote on Thursday Tuesday, 11 March 2025, 19:00 Motions for resolutions concerning debates on cases of breaches of human rights, democracy and the rule of law (Rule 150) Wednesday, 12 March 2025, 19:00

    MIL OSI Europe News –

    March 8, 2025
  • MIL-OSI China: NHC minister meets with Tunisian minister of health

    Source: People’s Republic of China Ministry of Health

    Lei Haichao, minister of China’s National Health Commission, met with Tunisian Minister of Health Mustapha Ferjani in Beijing on Feb 26. The pair discussed strengthening bilateral cooperation and signed a memorandum of understanding on health exchanges and cooperation between the two countries.

    Lei welcomed Ferjani to China, noting that China and Tunisia enjoy a profound friendship and have maintained long-term friendly cooperation in the health sector.

    He said that China is thoroughly implementing the guiding principles of the 20th National Congress of the Communist Party of China (CPC) and the second and third plenary sessions of the 20th CPC Central Committee, advancing a health-first strategy and further deepening the reform of the medical and health system to build a Healthy China.

    He added that China is ready to work with Tunisia to advance the Partnership Action for Health proposed at the Beijing Summit of the Forum on China-Africa Cooperation in 2024 and deepen practical cooperation in health policy, traditional medicine, public health, digital health and the pharmaceutical industry, so as to promote the building of a global community of health for all.

    Ferjani spoke highly of China’s achievements in the health sector and expressed gratitude for China’s long-term selfless medical assistance. He said Tunisia looks forward to learning from China’s development experience, and deepening bilateral health cooperation to continuously improve the health and well-being of the two peoples.

    MIL OSI China News –

    March 8, 2025
  • MIL-OSI: Bitget Blockchain4Her’s Anniversary: A Year in Review

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, March 07, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is reflecting on the remarkable year of achievements of its Blockchain4Her initiative. Since its inception in January 2024, Blockchain4Her has made impactful strides to bridge the gender gap in Web3 by empowering women through education, mentorship, funding and networking opportunities to thrive in the Web3 ecosystem.

    In March 2024, Gracy Chen, CEO of Bitget and initiator of Blockchain4Her, was invited to shed light on gender equality initiatives at the UN Commission on the Status of Women (UNCSW). This inclusion illuminates Bitget’s impact on the global stage and its voice in shaping conversations around diversity, inclusion, and equitable opportunities in the blockchain industry.

    To further its mission, Bitget unveiled the Blockchain4Her Ambassador Program, enlisting female crypto leaders to be ambassadors and catalysts for change. Our distinguished ambassadors are; Tess Hau, Founder of Tess Ventures, Yevheniia Broshevan, Co-founder of Hacken and Cecilia Hsueh, the CEO of Layer 2 ecosystem project Morph. Leaning on their expertise and experience, the ambassador program aims to encourage more women to join space by building a safe-space for women to explore blockchain.

    In September 2024, Bitget participated in the SheFi Summit in Singapore, which saw hundreds of participants from around the world. The event featured the inaugural Blockchain4Her Awards, recognizing five outstanding women for their contributions to the blockchain industry. Looking specifically at Southeast Asia, Bitget also held Southeast Asia Blockchain4Her Awards to honor the achievements of women leaders in the region. Entrepreneurs Jenny Nguyen (Nguyen Ngoc Son Quynh), Bea Llana, Theresa Tjandrawinata and Cheryl Law were awarded for their innovative solutions and contribution to the crypto scene while Tascha Punyaneramitdee won the “Innovative Web3 Female Entrepreneur Award – SEA edition.”

    “At Bitget, we believe that innovation thrives when diversity leads the way. Blockchain4Her is more than just a program; it’s a movement. We’re committed to providing women with the education, mentorship, and opportunities they need to participate in the Web3 revolution and to lead it. The future of blockchain is inclusive, and together, we are shaping it,” said Gracy Chen, CEO at Bitget.

    Bitget also launched the “Pitch n Slay” program, aiming to provide financial support, professional guidance, and exposure for female entrepreneurs. The final event was held in Bangkok, Thailand, in November 2024, where shortlisted female-led projects had the opportunity to compete for a share of $100,000 in seed funding via Foresight Ventures. Anne Beh, Founder at Art3mis, an Oracle AI Tarot card fortune-telling achieved 3rd place, whereas Doris Hernandez, Co-Founder at Functor Network, an Automatic Layer for AI agents secured 2nd position. The first prize was won by Julija Bainiaksina, Founder at MiniMe, an AI agent as-a-service project.

    In the past year, Blockchain4Her made significant strides in supporting and empowering women in the blockchain industry. The program distributed $50,000 to support promising projects led by women and recognized nine exceptional women with the Blockchain4Her Awards for their inspiring contributions. In addition, Blockchain4Her hosted over 10 meetups globally, fostering meaningful conversations and collaborations within the community. These events attracted more than 1,000 women who participated in networking, learning, and driving innovation in the blockchain space. The initiative also garnered substantial global media attention, amplifying its mission and impact worldwide.

    Looking ahead, Bitget will continue to advocate opportunities for women in blockchain. Through partnerships and investing in education and mentorship, Bitget will continue to be a driving force in fostering an inclusive Web3 ecosystem, empowering women to lead, innovate, and shape the future of blockchain together.

    To learn more about Blockchain4Her, please visit here.

    About Bitget

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

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

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

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e326feee-aa16-416b-9622-994a4f4320ff

    The MIL Network –

    March 7, 2025
  • MIL-OSI: MEXC Unveils Exclusive FTX Creditor Event with a Prize Pool Exceeding 300,000 USDT

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, March 07, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, announced an exclusive event aimed at supporting users impacted by the FTX incident. This event seeks to help FTX creditors rebuild their confidence in the market during these challenging times. With its secure and rewarding trading environment, MEXC is committed to supporting users in times of uncertainty, offering opportunities to help them regain trust and stability in the crypto space.

    To help affected users, MEXC is launching a spin-to-win event beginning at 10:00 (UTC), February 27, 2025, and lasting until 02:00 (UTC), March 18, 2025. MEXC’s spin-to-win event will give eligible participants a chance to share in a prize pool of 300,000 USDT, including an opportunity to win up to 0.1 BTC. Participants can also enjoy exclusive MX holder perks, including high APY earnings from free airdrops, 50% trading fee discounts, and up to 70% commission rebates from referrals. New users can claim a welcome bonus of up to $8,000 to kickstart their journey on MEXC.

    MEXC remains committed to delivering a secure, innovative, and user-centric trading experience, empowering traders worldwide with greater opportunities in the evolving crypto landscape. With advanced security measures and a dedicated trading insurance fund, MEXC ensures a safe and transparent trading environment, backed by industry-leading compliance standards. The platform offers deep market depth, high liquidity, and one of the lowest trading fees in the industry, enabling seamless transactions and a superior trading experience.

    MEXC aims to become the go-to platform with the widest range of valuable crypto assets. MEXC has grown its user base to over 32 million by providing a diverse selection of tokens, high-frequency airdrops, and a seamless, intuitive user journey for participation in various events. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million.

    About MEXC

    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 32 million users across 170+ countries and regions, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official Website| X | Telegram |How to Sign Up on MEXC

    Contact:
    Lucia Hu
    PR Manager
    lucia.hu@mexc.com

    Disclaimer: This content is provided by MEXC. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/39da10e6-6d35-46ac-b326-fe4ee6dbd725

    The MIL Network –

    March 7, 2025
  • MIL-OSI United Kingdom: Lord Mayor and High Sheriff host Iftar at Leeds Civic Hall

    Source: City of Leeds

    Over two hundred guests joined the Lord Mayor of Leeds and the High Sheriff of West Yorkshire, at Leeds Civic Hall’s Banqueting Suite for a fast-breaking iftar meal on Wednesday 5 March.

    The iftar meal is only the third of its kind to be held at the Civic Hall and was jointly hosted by the Lord Mayor of Leeds, Councillor Abigail Marshall Katung, and the High Sheriff of West Yorkshire, Professor Adeeba Malik CBE DL, in support of the Lord Mayor’s chosen charity, the Leeds Community Foundation.

    During the holy month of Ramadan, Muslims worldwide fast (sawm) during the hours of daylight, abstaining from all food and drink. Iftar is the second meal of the day for those participating in Ramadan, and it ends the day’s fast, which starts immediately after the pre-dawn meal of suhur. The start of iftar is signalled by the call to evening prayer, the time of which alters daily to account for the lengthening days.

    Joining the Lord Mayor and High Sheriff at the meal were notable dignitaries from across the region including the Lord Lieutenant of West Yorkshire, Ed Anderson CBE, the Lord Lieutenant of South Yorkshire, Professor Dame Hilary Chapman DBE, the West Yorkshire Combined Authority Deputy Mayor for Policing and Crime, Alison Lowe OBE, the Leader of Leeds City Council, Councillor James Lewis, and the Chief Constable of West Yorkshire, John Robins. Others in attendance included the Lord Mayors of Bradford, Wakefield, and Calderdale, as well as a cross-section of faith representatives from other communities. 

    Qari Asim MBE from Makkah Mosque led the call to prayer which signalled the start of iftar as the sun set. As is traditional, the fast was broken with the eating of dates and drinking of water before guests enjoyed a buffet-style meal. 

    Speakers at the iftar meal included the former Children’s Mayor, Mohammed Hussein and the Leeds Children’s Mayor finalist (2024/2025), Zoha Ahmed, who both spoke about what Ramadan means to them. The children’s thoughts add to speeches by the Lord Mayor, the High Sheriff, the Lord-Lieutenant, and the Leader of Leeds City Council, Councillor James Lewis.

    The Lord Mayor of Leeds, Councillor Abigail Marshall Katung, said: “It was a great honour to jointly host an iftar meal at the Civic Hall, together with the High Sheriff of West Yorkshire, Adeeba Malik.

    “The holy month of Ramadan is not only a time of abstinence. It is a time of reflection and the coming together of communities. I hope that by sharing this meal, we brought our multi-faith communities in Leeds a little closer together and that it acts as a prompt for us all to reflect on how we can, in our own way, make the world a better place.”

    Councillor James Lewis, Leader of Leeds City Council, said: “I was pleased to attend the iftar and take the opportunity to underline the Council’s full commitment to doing all we can to tackle anti-Muslim prejudice in Leeds. This includes our adoption in 2022 of the Anti-Muslim Prejudice definition as something that is direct or indirect hatred and discrimination against anyone of Islamic faith on grounds of their belief and practice. 

    “We undertake regular engagement work with various groups in communities across Leeds, and we run awareness raising campaigns on how to report Islamophobic hate and the support available to victims; as well as to highlight the many positive contributions British Muslims make every day to life in Leeds.   

    “This year we are also supporting the ‘Fasting in Solidarity” campaign for Ramadan 2025; and we plan to launch new hate crime and social cohesion strategies for the city.”

    MIL OSI United Kingdom –

    March 7, 2025
  • MIL-OSI United Nations: Millions in Central Sahel and Nigeria at risk of food cuts as the World Food Programme faces severe funding crisis

    Source: World Food Programme

    DAKAR, Senegal – The United Nations World Food Programme (WFP) warns that life-saving food and nutrition assistance in Central Sahel and Nigeria will halt in April 2025 without urgent funding. This warning comes as the lean season – the period between harvests when hunger peaks – is anticipated to arrive earlier than usual this year across the Sahel region. Millions, including refugees and internally displaced persons (IDPs), still rely on WFP’s food assistance for survival.

    In April 2025, funding shortfalls will force WFP to suspend food and nutrition assistance for 2 million crisis-affected people, including Sudanese refugees in Chad, Malian refugees in Mauritania, internally displaced persons, and vulnerable food-insecure families in Burkina Faso, Mali, Niger, and Nigeria. 

    The UN food agency urgently requires US$ 620 million to ensure continued support to crisis-affected people across the Sahel and in Nigeria over the next six months. 

    “The global shrinkage of foreign aid is posing a significant threat to our operations in Western Africa, especially in Central Sahel and Nigeria,” said Margot van der Velden, WFP’s Regional Director for Western Africa. “With millions expected to face emergency levels of hunger at the peak of the lean season, the world must step up support to prevent this situation from getting out of control. We need to act now to allow WFP to reach those in need with timely support. Inaction will have severe consequences for the region and beyond, as food security is national security,” van der Velden warned.

    The latest Cadre Harmonisé regional food security analysis, released in December 2024, shows that Western Africa is in the grips of an acute food security and nutrition crisis. An estimated 52.7 million women, men, and children are projected to experience acute hunger between June and August 2025. This includes 3.4 million in emergency food insecurity (IPC-Phase 4) across the Sahel region and 2,600 in catastrophic hunger (IPC-Phase 5) in northern Mali. The hunger crisis in West Africa is driven by conflict, displacement, economic crises, and severe climate shocks, with devastating floods in 2024 affecting over six million people across the region.

    Despite the ever-increasing needs in West and Central Africa, the proportion of the population facing extreme hunger (IPC Phases 4 and 5) is projected to increase by over 20 per cent by June 2025. However, the region remains chronically underfunded. As a result, WFP is forced to regularly make the difficult decision to cut rations, effectively taking from the hungry to feed the starving. 

    In Chad, the influx of refugees arriving from Sudan is placing enormous pressure on already limited resources, fueling tension and competition between communities, and leading to congestion at sites near the border with Sudan. This is particularly concerning as Chad enters its sixth consecutive year of severe food insecurity in 2025, with 4.2 million people affected during the June-August lean season – a more than 200 percent increase compared to 2020.

    In neighboring Nigeria, the prolonged humanitarian crisis, worsened by high inflation and weather-related shocks, is endangering the lives of children, pregnant women, and entire communities. During the June-August lean season, 33.1 million Nigerians are expected to face severe food shortages. Northeast Nigeria bears a particularly heavy burden, with 4.8 million people in Borno, Adamawa and Yobe states facing acute hunger – an increase from 4.3 million in 2023.

    WFP is working with the national governments, to assess and adapt its response to ensure urgent assistance reaches the most vulnerable, while calling for timely and flexible donor support, and safe and unhindered access to crisis-affected families amidst a challenging and volatile security and humanitarian landscape.

    “The West and Central Africa region has long been neglected in terms of international funding and attention. We need a paradigm shift to reverse the worsening trend of hunger and its impact on vulnerable women, men, and children,” van der Velden added.

    #                 #                   #

    About WFP

    The United Nations World Food Programme is the world’s largest humanitarian organization saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change.

    Follow us on X, formerly Twitter, @wfp_media @wfp_wafrica @wfp_chad

    MIL OSI United Nations News –

    March 7, 2025
  • MIL-OSI Europe: Academic freedom and democracy under siege: how a Nobel peace prize could help defend them

    Source: Universities – Science Po in English

    Echoing the Stand Up for Science movement, which was organised in the US to defend academic freedom, a call to mobilise in France has been launched for Friday, 7 March. Conferences, rallies and marches are being organised on the initiative of scientists united under the banner of Stand Up for Science France. Sciences Po, along with its partner The Conversation, has been committed from the outset to supporting those who advance research.

    March 7 has been recognized as the “Day of the Stand Up for Science Movement”, launched in 2017 in response to the anti-science actions of the first Trump administration. Under the second, attacks on scientists and scientific inquiry have escalated into a systematic assault–tantamount to a coup d’Etat against science itself.

    While Donald Trump is often portrayed as erratic, his policies in this area have followed a consistent trajectory. His new administration has once again declared ‘war’ on evidence-based national policymaking and science diplomacy in foreign affairs as evidenced by several early actions. Immediately after taking office, Donald Trump issued executive orders freezing or canceling tens of billions in research funding. All National Science Foundation projects have been halted pending review, while the National Institutes of Health faces suspensions under Health and Human Services directives. The US has withdrawn from the Paris Agreement and the World Health Organization, alongside a sweeping review of 90% of USAID-funded projects, signaling a major retreat from climate and global health diplomacy. Federal agencies and universities are in turmoil, leaving thousands of research-professors in limbo amid a politically driven funding freeze. The 2025 March simply calls for the restoration of federal research funding and an end to government censorship and political interference in science.

    The US is the world’s undisputed scientific superpower–for now

    While the Trump administration is not the sole force undermining academia worldwide, its actions are particularly striking coming from the world’s leading scientific superpower. Moreover, the situation is especially concerning because developments in the United States often have a ripple effect, shaping policies in other regions in the years that follow.

    Neither of the world’s top two scientific superpowers–Washington and Beijing–is positioned to champion academic freedom. China, having failed a liberal constitutional tradition and academic independence since the 1920s, restricts academic freedom to the confines of one-party rule. Caught between these rival scientific giants–both partners and competitors–the “old” Europe and like-minded coutries remain the only actors capable of setting new standards for academic freedom.

    A Nobel prize for academic freedom

    A decisive step toward its legal protection would be formal recognition by the Nobel Committees for Peace and Science of academic freedom’s fundamental role–both in ensuring scientific excellence and as a pillar of free, democratic societies.

    For the past decade, the Scholars at Risk association (SAR) has documented a broader global decline in academic freedom in its annual Free to Think Report. The 2024 edition highlights particularly alarming situations in 18 countries and territories (including the United States), which recorded 391 attacks on scholars, students, or institutions across 51 regions in a year. Data from the Academic Freedom Index in Berlin confirm that more than half of the world’s population lives in regions where academic freedom is either entirely or severely restricted. Some of the most concerning conditions are in emerging scientific ecosystems such as Turkey, Brazil, Egypt, South Africa, or Saudi Arabia. The overall trend is deteriorating: only 10 out of 179 countries have improved, while many democratic regimes are increasingly affected.

    Academic freedom in the European Union remains relatively high compared to the rest of the world. However, nine EU member states fall below the regional average, and in eight of them, it has declined over the past decade–signaling a gradual erosion of this fundamental value. Hungary ranks the lowest among EU countries, placing in the bottom 20–30% worldwide. Recent laws have further weakened university autonomy across the EU: financial autonomy in Austria, Italy, Luxembourg, the Netherlands, and Slovakia; organizational autonomy in Slovenia, Estonia, and Denmark; staffing autonomy in Croatia and Slovakia; and academic autonomy in Denmark and Estonia. Moreover, the European Parliament’s first report on academic freedom (2023) highlights emerging threats in France–political, educational, and societal–that impact the freedom of research, teaching, and study.

    Academic freedom, a professional right granted to a few for the benefit of all

    Freedom of expression, a fundamental pillar of academic freedom, has long been established as a human right, overcoming centuries of censorship and authoritarian control. In contrast, academic freedom is a more recent principle, granting scholars–recognized by their peers–the right and responsibility to research and teach freely in pursuit of knowledge. Like press freedom for journalists, it is a right granted to a few for the benefit of all.

    Rooted in medieval Europe, academic freedom has evolved from a privilege granted to students in the Quartier Latin to a recognized principle in international rights frameworks. It gained a collective and concrete dimension in the late 18th and early 19th centuries with the rise of the modern university. Wilhelm von Humboldt, founder of the modern public university in Berlin (1810), articulated the concept of ‘freedom of science’ (Wissenschaftsfreiheit), later enshrined in the Weimar Constitution of 1919, which declared that “art, science, and education are free.” The rise of American universities around the same time reshaped the concept, giving rise to “professional academic freedom.” This was formalized in the American Association of University Professors’ 1915 Declaration of Principles on Academic Freedom and Tenure, which affirmed the scholar’s primary duty to seek and establish truth. Though its roots lie in Germany, academic freedom ultimately became a cornerstone of American academic discourse.

    In the United States, academic freedom draws from multiple sources, with its protection varying by state laws, customs, institutional practices, and the status of higher education institutions. However, U.S. Supreme Court rulings have gradually reinforced its constitutional foundation, particularly after the McCarthy era, by invoking the First Amendment. Landmark cases such as Adler v. Board of Education (1952), Wieman v. Updegraff (1952), and Sweezy v. New Hampshire (1957) helped establish a constitutional doctrine on academic freedom. Finally, Keyishian v. Board of Regents (1967) extended First Amendment protections to academia, ruling that mandatory loyalty oaths violated both academic freedom and freedom of association.

    Interestingly, the American interpretation of academic freedom is currently more restrictive than the German model in certain respects. Article 5(3) of the 1989 Basic Law affirms the “right to adopt public organizational measures essential to protect a space of freedom, fostering independent scientific activity”. In contrast, the U.S. places greater emphasis on prohibitions and prioritizing individual rights over institutional autonomy.

    The ‘right to be wrong’

    Despite local variations, academic freedom is fundamentally tied to a shared vision of the university that upholds freedom of thought, with rationality and pluralism at its core. It includes the genuine “right to be wrong”–the understanding that a scientific opinion may be incorrect or even proven so does not diminish its protection. This stands in stark contrast to the anti-science, scientistic, or techno-nationalist approach, which views knowledge as a tool of power to serve a predetermined truth and objective of dominance. Authoritarian science, driven by power interests, seeks to diminish critical humanities and social sciences while elevating religion. It tends to reject interdisciplinary work, is exclusively mathematized, and is oriented toward a centralized yet deregulated autocratic tech-utopian state model.

    Since 1945, we have operated under the illusion that academic freedom is an indispensable condition for scientific excellence. However, we have recently learned that no systematic link exists between academic freedom and breakthrough scientific innovation in our era of new technologies. Given these circumstances, this proposal advocates for a nomination for the Nobel Peace Prize, for the first time in its history, in recognition of academic freedom.

    The Nobel Prize Committees for Science and Peace share the responsibility of using their prestigious platforms to uphold fundamental scientific and democratic values. They are uniquely positioned to champion humanist science, reinforcing its importance for scholars, students, and civil societies worldwide. Since the 1950s, around 90% of Nobel Prize laureates in scientific fields have either been US citizens or have studied and worked at Ivy League research institutions.

    While some US scientists are contesting actions of the Trump administration in court, academics worldwide should stand in solidarity with their American colleagues in resisting the erosion of science. To strengthen their efforts, they require the support of the Nobel Prize Committees.

    MIL OSI Europe News –

    March 7, 2025
  • MIL-OSI United Kingdom: UK Climate Envoy Rachel Kyte announces support for South Africa’s Wholesale Electricity Market reform and implementation

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK Climate Envoy Rachel Kyte announces support for South Africa’s Wholesale Electricity Market reform and implementation

    Rachel Kyte, the UK’s Special Representative for Climate, emphasised the UK’s ongoing support for South Africa’s energy transition through the Just Energy Transition Partnership (JETP). The UK has also announced additional funding to help prepare and ready South Africa’s wholesale electricity market and to explore interim transmission solutions. Additionally, the PIDG’s GuarantCo and BII are offering innovative guarantee facilities to energy trading companies.

    During her trip to Cape Town this week Rachel Kyte, UK Special Representative for Climate, announced support to the Energy Council of South Africa to continue engagement and analysis work through NECOM on the critical reform areas of Market liberalisation and Transmission expansion. 

    The UK welcomes the recent State of the Nation Address (SONA) by President Ramaphosa emphasising the importance of South Africa’s reform agenda as well as the important role of the Energy Action Plan and collective execution through NECOM by all stakeholders. 

    Wide participation of the private sector in renewable energy can displace coal at a lower cost and at the pace needed to meet business and consumer demand for green energy and energy security. As part of the Just Energy Transition Partnership, the UK is supporting South Africa to speed up the liberalisation of the energy sector, achieve emissions reductions and provide the energy needed to grow South Africa’s economy and provide jobs. Part of the UK’s investment pledge has been to provide Africa GreenCo and Etana with guaranteed facilities for their energy trading. This energy trading is the first step towards a broader wholesale market.  

    Energy Council of South Africa 

    With UK funding of over £330,000, the Energy Council is engaging consultants to analyse and inform the next stages of the implementation of South Africa’s Wholesale Electricity Market through:  

    • 10-year tariff and scenario modelling     

    • use of benchmarks from other countries e.g. Brazil 

    • clarifying risks such as financial, regulatory and institutional capacity   

    • identifying legal gaps 

    • looking at the financial instruments needed to support the market  

    This follows an initial project funded by UK International Development for the Energy Council to develop the Energy Transition Roadmap, which set out a critical path for addressing system-wide constraints and explored integrated solutions for an effective energy transition.  

    It is hoped this next phase of work will support the National Energy Crisis Committee (NECOM), the National Transmission Company of South Africa, Eskom, traders, buyers and other key players in the evolving energy market. 

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    Published 7 March 2025

    MIL OSI United Kingdom –

    March 7, 2025
  • MIL-OSI NGOs: Three vaccinations that are critical to women’s health

    Source: Médecins Sans Frontières –

    Hepatitis E, tetanus and hepatitis B all pose significant but under-reported threats to the health and lives of women and girls, especially in low-income countries with limited access to healthcare. This can also mean life or death for their babies.

    Nyakuola Nguot Gang lives with her extended family in Fangak county, South Sudan, where a deadly hepatitis E outbreak started in 2023 and continued through 2024.  

    “I almost lost my life while I was pregnant, in September,” says Nyakuola. “I thought it was only symptoms of my pregnancy, because my body was aching and I had a fever. I went for a blood test, and that’s when hepatitis E was discovered.”

    Some diseases have far greater negative consequences in women and girls, especially during pregnancy and childbirth. Hepatitis E, a water-borne infection that affects the liver, is one of them.  

    “A lot of people call it the Ebola for pregnant women, because you have a really high mortality rate in pregnant women, although we don’t really understand why it affects pregnant women so much,” says John Johnson, vaccination advisor for Médecins Sans Frontières (MSF). “The mortality rate is around 20 to 30 per cent in pregnancy.”  

    For pregnant women with hepatitis E, the risk of death is highest in the third trimester. 

    Pregnancy is also a critical time for vaccinating women and girls against tetanus if they haven’t been vaccinated before. A serious infection for people of any age, tetanus is deadly for newborns, but protecting the mother is lifesaving for her baby.  

    A third, lesser-known disease of concern is hepatitis B. If not prevented, it has lifelong, and life-limiting, consequences.  

    Both hepatitis B and tetanus pose significant health threats for victims and survivors of sexual violence, who are many times more likely than men to be women and girls.

    The good news is that there are vaccines available, but the reality is that they’re not reaching everyone who needs them, especially the women and girls who are most at risk.

    A groundbreaking vaccination campaign in South Sudan 

    Hepatitis E is the most common cause of acute viral hepatitis, linked to approximately 20 million infections and 70,000 deaths per year. This under-recognised disease predominantly affects people experiencing poverty or disadvantage – and is especially dangerous for pregnant women. It is transmitted through faecal contamination of food and water. Large-scale outbreaks typically occur when water and sanitation conditions are inadequate.

    There is only one vaccine available, HEV 239, developed in China. MSF first piloted its use in an epidemic in Bentiu, South Sudan, in 2022, and through subsequent research has generated strong evidence of its safety and effectiveness.

    Fangak county is one of the most remote and difficult to access areas of South Sudan. With the area inundated by recurrent floods in recent years, its people have had to learn to survive in a changing environment.  

    An MSF vaccinator administers the hepatitis E vaccine to a woman in Hai Matar, Fangak County, in the first round of the campaign. South Sudan, December 2023.
    Gale Julius Dada/MSF

    “We are surrounded by water in all aspects,” says Fangak resident Bhan Gutjiath Wal. “You go to the market, you go through water. You stay at home, there is water too.”    

    But in September 2023, these conditions led to an outbreak of hepatitis E. Within two months, MSF launched only the second vaccination campaign in the world reacting to an active hepatitis E outbreak, and the first-ever during the acute stage of an outbreak in such remote and hard-to-reach communities. This joint undertaking with the Ministry of Health eventually spanned almost a year.

    “It was a personal decision to get vaccinated,” says Nyakuola. “Those who have witnessed people who have been vaccinated and live have made the decision to also get the vaccine.”

    Sharing lifesaving protection against tetanus between mother and baby 

    “Babies, especially in what we call the neonatal period, in their first 28 days – that is when they’re most susceptible to death from certain diseases and infections,” says Isabella Mayes, midwifery activity manager in MSF’s Old Fangak project. “So providing mothers with vaccinations gives their babies a little bit of protection until they can receive their vaccine later in life.”  

    If a woman is vaccinated against tetanus before she gives birth, lifesaving antibodies will transfer through the placenta into the baby’s blood.

    The bacteria that causes tetanus is widespread in the environment. The risk to newborns occurs when the cut umbilical cord is infected, usually due to unsterile tools or conditions.

    Isabella Mayes, midwifery activity manager, performs an ultrasound on a pregnant woman in Fangak county. South Sudan, January 2025.
    Paula Casado Aguirregabiria/MSF

    Known also as lockjaw, tetanus limits a baby’s ability to feed. The rigidity spreads through the whole body, and the baby’s muscles spasm uncontrollably. A baby will need intensive nursing care and isolation in a dark and quiet room to prevent reactive spasms, hospitalised for up to a month. Untreated, some 90 per cent of affected newborns will die.

    An estimated 24,000 newborns died of tetanus in 2021, according to the most recent global data available. While this figure represents a gradual decline over time, it tells us that women and girls continue to miss out on vital vaccinations, antenatal care and safe delivery care, especially in low-income countries.  

    Access to healthcare in South Sudan is extremely limited. MSF’s hospital in Old Fangak is the only facility of its kind providing care to the 20,000 people in the immediate vicinity, as well as in villages only reachable hours away by boat. This includes maternal immunisation as part of antenatal care. 

    Timely protection for victims and survivors of sexual violence

    The value of post-exposure vaccination is highlighted in care for sexual violence. A victim/survivor can be protected against both tetanus and hepatitis B after an assault or rape, but the window of opportunity to kickstart immunity is only 72 hours.

    “We [vaccinate] every patient that had any wounds,” says Renda Kella Dhol, a clinical officer in MSF’s team in Old Fangak. “We just do it immediately to prevent the disease, because [tetanus] is really very serious.”

    Hepatitis B is often transmitted through sexual contact. It is up to 100 times more infectious than HIV.  

    A woman walks in front of the entrance of the MSF hospital in Old Fangak, Jonglei State. South Sudan, December 2023.
    Gale Julius Dada/MSF

    “We don’t know the status of the perpetrator,” says Dhol. “That’s why we provide hepatitis B [vaccine] to prevent the patient from being infected by hepatitis B.”

    Hepatitis B virus often causes a long-term infection. It is a major public health problem, with an estimated 254 million people chronically infected and 1.1 million deaths worldwide in 2022 from hepatitis B-related liver disease, including liver cancer.  

    A woman can also unknowingly pass it on during childbirth to her baby, who will also need vaccination to avoid a 90 per cent likelihood of death.

    To raise awareness about sexual violence and the medical and psychological care available, MSF conducts health promotion in schools and other places where people gather, among community leaders and with the police.  

    Dhol acknowledges people are afraid of discussing the topic of sexual violence, something our teams try to dispel.  

    “We told them in song: Don’t be afraid. We are here for you. We are going to support [you]. It will never be [revealed] to everybody,” says Dhol. “But we need the right for you to have the medication and the treatment to prevent anything that might have happened during this, because it’s not your fault, and it’s happening everywhere in the world.”

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    MIL OSI NGO –

    March 7, 2025
  • MIL-OSI: BW Energy: Substantial oil discovery made on the Bourdon prospect 

    Source: GlobeNewswire (MIL-OSI)

    Substantial oil discovery made on the Bourdon prospect 

    BW Energy is pleased to announce a substantial oil discovery with good reservoir quality on the Bourdon prospect in the Dussafu Licence offshore Gabon.  

    Evaluation of logging data and formation pressure measurements confirm approximately 34 metres of pay in an overall hydrocarbon column of 45 metres in the Gamba formation, making it the largest hydrocarbon column discovered to date in the Dussafu licence. The well was drilled by the Norve jack-up rig to a total depth of 4,135 metres. 

    The discovery will enable the Company to book additional reserves not included in its 2024 Statement of Reserves. 

    “The Bourdon appraisal well again confirms the significant resource potential of the Dussafu licence, which holds multiple additional prospects,” said Carl K. Arnet, CEO of BW Energy. “We will now carefully review the drilling results, but initial data indicates the potential for establishing a new development cluster with a production facility following the MaBoMo blueprint. We are evaluating a second sidetrack to further appraise the discovery”. 

    Bourdon is located approximately 15 kilometres west of BW Adolo FPSO and 7.5 kilometres southeast of the MaBoMo facility.  

    For further information, please contact:  

    Brice Morlot, CFO BW Energy

    +33.7.81.11.41.16 

    ir@bwenergy.no 

    About BW Energy:  

    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025. 

    This information is considered inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by Regine Andersen, 7 March 2025. 

    The MIL Network –

    March 7, 2025
  • MIL-OSI China: China supports peace restoration plan for Gaza initiated by Egypt and other Arab nations: FM

    Source: China State Council Information Office

    Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, attends a press conference on China’s foreign policy and external relations on the sidelines of the third session of the 14th National People’s Congress (NPC) in Beijing, capital of China, March 7, 2025. [Photo by Lun Xiaoxuan/China.org.cn]

    China supports the plan for restoring peace in Gaza initiated by Egypt and other Arab countries, Chinese Foreign Minister Wang Yi said on Friday.

    Gaza belongs to the Palestinian people, and is an inseparable part of the Palestinian territory. Changing the status of Gaza by forceful means will not bring about peace, but only new chaos, Wang told a press conference held on the sidelines of the ongoing annual session of the national legislature.

    Wang called for efforts to promote a comprehensive and lasting ceasefire, ramp up humanitarian assistance, observe the principle of “the Palestinians governing Palestine,” and contribute to the reconstruction in Gaza.

    Noting that the Palestinian question has always been at the heart of the Middle East issue, the foreign minister called on the international community to focus more on the two-state solution and give more support to independent statehood for Palestine.

    All Palestinian factions need to deliver on the Beijing Declaration to achieve unity and self-strengthening, all parties in the Middle East need to rise above differences to support Palestinian statehood, and the international community needs to build consensus and promote peace between Palestine and Israel, Wang noted.

    “We will continue to strive resolutely for justice, peace and development for the Middle East people,” Wang said.

    MIL OSI China News –

    March 7, 2025
  • MIL-OSI Video: President Ramaphosa meets Provincial Executive Committee & leadership of Johannesburg Metro Council

    Source: Republic of South Africa (video statements-2)

    President Ramaphosa meets Provincial Executive Committee & leadership of Johannesburg Metro Council

    https://www.youtube.com/watch?v=9I2-3pzXrgw

    MIL OSI Video –

    March 7, 2025
  • MIL-OSI China: Global South should strengthen themselves, stand together in unity, strive for development: Chinese FM

    Source: China State Council Information Office

    Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, attends a press conference on China’s foreign policy and external relations on the sidelines of the third session of the 14th National People’s Congress (NPC) in Beijing, capital of China, March 7, 2025. [Photo by Lun Xiaoxuan/China.org.cn]

    The Global South should strengthen themselves, stand together in unity, and strive for development, Chinese Foreign Minister Wang Yi said Friday.

    “The hallmark of our era is the prominent, growing strength of the Global South,” Wang told a press conference on the sidelines of the ongoing session of the national legislature.

    Accounting over 40 percent of global GDP and contributing as high as 80 percent of global growth, the Global South is a key force for maintaining world peace, driving world development, and improving global governance, according to Wang.

    “The Global South holds the key to bringing stability to the world and making it a better place,” Wang said.

    Noting that Indonesia became a full member of BRICS at the beginning of the year, and nine partner countries have joined the BRICS family, Wang said BRICS is emerging as a backbone of cooperation and an engine of growth in the Global South.

    This year, China will host the Shanghai Cooperation Organization summit, Brazil the BRICS summit, and South Africa the G20 summit. “We should speak in one voice to the world, safeguard our common interests, and steadily increase our representation and voice in global governance,” he said.

    “We should keep development as a central item of international agenda, build up the momentum, enhance our capacity, and advance hand in hand toward modernization,” Wang said.

    MIL OSI China News –

    March 7, 2025
  • MIL-OSI China: Trump’s threats complicate Gaza ceasefire deal: Hamas

    Source: China State Council Information Office

    Members of the Al-Qassam Brigades, the armed wing of Hamas, and an Israeli hostage are seen during the handover of three Israeli hostages to the International Committee of the Red Cross in the al-Nuseirat refugee camp, central Gaza, on Feb. 22, 2025. [Photo/Xinhua]

    Hamas on Thursday condemned U.S. President Donald Trump’s recent threats against the group, saying they complicate matters regarding the Gaza ceasefire agreement and encourage Israel not to implement its terms.

    “There is an agreement that was signed, and Washington was the mediator in it,” Hamas spokesman Hazem Qassem said in a statement, adding that the deal “includes the release of all (hostages and) prisoners in three stages. Hamas has implemented what it was required to do in the first stage, while Israel is evading the second stage.”

    The statement noted that the U.S. administration is required to pressure Israel to enter negotiations on the second phase as stipulated in the ceasefire agreement.

    Trump issued what he called the “last warning” to Hamas on his Truth Social platform on Wednesday, saying, “Release all of the hostages now, not later, and immediately return all of the dead bodies of the people you murdered, or it is OVER for you.”

    “I am sending Israel everything it needs to finish the job, not a single Hamas member will be safe if you don’t do as I say,” he said in the post.

    Trump’s warning came after the White House confirmed Wednesday that the U.S. administration is having direct talks with Hamas aimed at releasing hostages being held in Gaza.

    The talks, first reported by the American news website Axios, were held in Qatar’s Doha in recent weeks, with the U.S. side led by presidential envoy for hostage affairs Adam Boehler.

    White House Press Secretary Karoline Leavitt told reporters that “Israel was consulted on this matter” but refused to disclose further information.

    A Gaza ceasefire and hostage release agreement, brokered by Egypt, Qatar, and the United States, took effect on Jan. 19. During the initial 42-day phase of the deal, dozens of Israeli hostages and hundreds of Palestinian prisoners and detainees were freed.

    A total of 59 hostages are still in Hamas captivity, according to the Israel Defense Forces, which confirmed 35 of them are dead. Among those hostages, five are Americans, including just one who is believed to be alive.

    MIL OSI China News –

    March 7, 2025
  • MIL-Evening Report: Jonathan Cook: Yes, Trump is vulgar. But the US global shakedown is the same one as ever

    Report by Dr David Robie – Café Pacific. –

    ANALYSIS: By Jonathan Cook

    If there is one thing we can thank US President Donald Trump for, it is this: he has decisively stripped away the ridiculous notion, long cultivated by Western media, that the United States is a benign global policeman enforcing a “rules-based order”.

    Washington is better understood as the head of a gangster empire, embracing 800 military bases around the world. Since the end of the Cold War, it has been aggressively seeking “global full-spectrum domination”, as the Pentagon doctrine politely terms it.

    You either pay fealty to the Don or you get dumped in the river. Last Friday, Ukrainian President Volodymyr Zelensky was presented with a pair of designer concrete boots at the White House.

    The US president looked like a gangster as he roughed up Zelensky. But he wasn’t the one who stoked a war that’s killed huge numbers of Ukrainians and Russians. Image: www.jonathan-cook.net

    The innovation was that it all happened in front of the Western press corps, in the Oval Office, rather than in a back room, out of sight. It made for great television, Trump crowed.

    Pundits have been quick to reassure us that the shouting match was some kind of weird Trumpian thing. As though being inhospitable to state leaders, and disrespectful to the countries they head, is unique to this administration.

    Take just the example of Iraq. The administration of Bill Clinton thought it “worth it” – as his secretary of state, Madeleine Albright, infamously put it — to kill an estimated half a million Iraqi children by imposing draconian sanctions through the 1990s.

    Under Clinton’s successor, George W Bush, the US then waged an illegal war in 2003, on entirely phoney grounds, that killed around half a million Iraqis, according to post-war estimates, and made four million homeless.

    Those worrying about the White House publicly humiliating Zelensky might be better advised to save their concern for the hundreds of thousands of mostly Ukrainian and Russian men killed or wounded fighting an entirely unnecessary war — one, as we shall see, Washington carefully engineered through Nato over the preceding two decades.

    Henchman Zelensky
    All those casualties served the same goal as they did in Iraq: to remind the world who is boss.

    Uniquely, Western publics don’t understand this simple point because they live inside a disinformation bubble, created for them by the Western establishment media.

    Henry Kissinger, the long-time steward of US foreign policy, famously said: “It may be dangerous to be America’s enemy, but to be America’s friend is fatal.”

    Zelensky just found that out the hard way. Gangster empires are just as fickle as the gangsters we know from Hollywood movies. Under the previous Joe Biden administration, Zelensky had been recruited as a henchman to do Washington’s bidding on Moscow’s doorstep.

    The background — the one Western media have kept largely out of view — is that, following the collapse of the Soviet Union, the US tore up treaties crucial to reassuring Russia of Nato’s good intent.

    Viewed from Moscow, and given Washington’s track record, Nato’s European security umbrella must have looked more like preparation for an ambush.

    Keen though Trump now is to rewrite history and cast himself as peacemaker, he was central to the escalating tensions that led to Russia’s invasion of Ukraine in 2022.

    In 2019, he unilaterally withdrew from the 1987 Treaty on Intermediate-Range Nuclear Forces. That opened the door to the US launching a potential first strike on Russia, using missiles stationed in nearby Nato members Romania and Poland.

    He also sent Javelin anti-tank weapons to Ukraine, a move avoided by his predecessor, Barack Obama, for fear it would be seen as provocative.

    Repeatedly, Nato vowed to bring Ukraine into its fold, despite Russia’s warnings that the step was viewed as an existential threat, that Moscow could not allow Washington to place missiles on its border, any more than the US accepted Soviet missiles stationed in Cuba back in the early 1960s.

    Washington pressed ahead anyway, even assisting in a colour revolution-style coup in 2014 against the elected government in Kyiv, whose crime was being a little too sympathetic to Moscow.

    With the country in crisis, Zelensky was himself elected by Ukrainians as a peace candidate, there to end a brutal civil war — sparked by that coup — between anti-Russian, “nationalistic” forces in the country’s west and ethnic Russian populations in the east. The Ukrainian President soon broke that promise.

    Trump has accused Zelensky of being a “dictator”. But if he is, it is only because Washington wanted him that way, ignoring the wishes of the majority of Ukrainians.

    Reddest of red lines
    Zelensky’s job was to play a game of chicken with Moscow. The assumption was that the US would win whatever the outcome.

    Either Russian President Vladimir Putin’s bluff would be called. Ukraine would be welcomed into Nato, becoming the most forward of the alliance’s forward bases against Russia, allowing nuclear-armed ballistic missiles to be stationed minutes from Moscow.

    Or Putin would finally make good on his years of threats to invade his neighbour to stop Nato crossing the reddest of red lines he had set over Ukraine.

    Washington could then cry “self-defence” on Ukraine’s behalf, and ludicrously fearmonger Western publics about Putin eyeing Poland, Germany, France and Britain next.

    Those were the pretexts for arming Kyiv to the hilt, rather than seeking a rapid peace deal. And so began a proxy war of attrition against Russia, using Ukrainian men as cannon fodder.

    The aim was to wear Russia down militarily and economically, and bring about Putin’s overthrow.

    Zelensky did precisely what was demanded of him. When he appeared to waver early on, and considered signing a peace deal with Moscow, Britain’s prime minister of the time, Boris Johnson, was dispatched with a message from Washington: keep fighting.

    That is the same Boris Johnson who now breezily admits that the West is fighting a “proxy war” against Russia.

    Hmm, maybe someone can help me.

    How was Russia’s 2022 invasion of Ukraine entirely ‘unprovoked’, when the British leader in charge at the time, Boris Johnson, now admits Nato viewed Ukraine as the battlefield for a ‘proxy war’ against Russia? 🤯 pic.twitter.com/VS6jRE03gH

    — Jonathan Cook (@Jonathan_K_Cook) February 24, 2025

    His comments have generated precisely no controversy. That is particularly strange, given that critics who pointed this very obvious fact out three years ago were instantly denounced for spreading “Putin disinformation” and Kremlin “talking points”.

    For his obedience, Zelensky was feted a hero, the defender of Europe against Russian imperialism. His every “demand” — demands that originated in Washington — was met.

    Ukraine has received at least $250 billion worth of guns, tanks, fighter jets, training for his troops, Western intelligence on Russia, and other forms of aid.

    Meanwhile, hundreds of thousands of Ukrainian and Russian men have paid with their lives — as have the families they leave behind.

    Mafia etiquette
    Now the old Don in Washington is gone. The new Don has decided Zelensky has been an expensive failure. Russia isn’t lethally wounded. It’s stronger than ever. Time for a new strategy.

    Zelensky, still imagining he was Washington’s favourite henchman, arrived at the Oval Office only to be taught a harsh lesson in mafia etiquette.

    Trump is spinning his stab in the back as a “peace agreement”. And in some sense, it is. Rightly, Trump has concluded that Russia has won — unless the West is ready to fight World War III and risk a potential nuclear war.

    Trump has faced up to the reality of the situation, even if Zelensky and Europe are still struggling to.


    Trump’s overt ‘genocidal’ warning over Gaza.   Video: TRT World News

    But his plan for Ukraine is actually just a variation of his other peace plan — the one for Gaza. There he wants to ethnically cleanse the Palestinian population and, on the bodies of the enclave’s many thousands of dead children, build the “Riviera of the Middle East” — or “Trump Gaza” as it is being called in a surreal video he shared on social media.

    In telling the “people of Gaza”, they will be “DEAD” if the hostages aren’t released – something they can’t decide – Trump is expressing clear genocidal intent. He’a also sending the arms to make that genocide possible.

    He needs to be in the ICC dock alongside Netanyahu. pic.twitter.com/eomkGP6eWe

    — Jonathan Cook (@Jonathan_K_Cook) March 6, 2025

    Similarly, Trump now sees Ukraine not as a military battlefield but as an economic one where, through clever deal-making, he can leverage riches for himself and his billionaire pals.

    He has put a gun to Zelensky and Europe’s head. Make a deal with Russia to end the war, or you are on your own against a far superior military power. See if the Europeans can help you without a supply of Washington’s weapons.

    Not surprisingly, Zelensky, Britain’s Prime Minister Keir Starmer and French President Emmanuel Macron huddled together at the weekend to find a deal that would appease Trump. All Starmer has revealed so far is that the plan will “stop the fighting”.

    That is a good thing. But the fighting could have been stopped, and should have been stopped, three years ago.

    Money, not peace
    It is deeply unwise to be lulled into tribalism by all this — the very tribalism Western elites seek to cultivate among their publics to keep us treating international affairs no differently from a high-stakes football match.

    No one here has behaved, or is behaving, honourably.

    A ceasefire in Ukraine is not about peace. It’s about money, just as the earlier war was. As all wars are, ultimately.

    An acceptable ceasefire for Trump, as well as for Putin, will involve a carve-up of Ukraine’s goodies. Rare earth minerals, land, agricultural production will be the real currency driving the agreement.

    Zelensky now understands this. He knows that he, and the people of Ukraine, have been scammed. That is what tends to happen when you cosy up to the mafia.

    If anyone doubts Washington’s insincerity over Ukraine, look to Palestine for clarity.

    In his earlier presidency, Trump tried to bring about what he termed the peace “deal of the century” whose centrepiece was the annexation of much of the Occupied West Bank.

    The hope was that the Gulf states would ultimately fund an incentivisation programme — the carrot to Israel’s stick — to encourage Palestinians to make a new life in a giant, purpose-built industrial zone in Sinai, next to Gaza.

    That plan is still simmering away in the background. At the weekend, Israel received a green light from Washington to revive its genocidal starvation of Gaza’s population, after Israel refused to negotiate the second phase of the original ceasefire agreement.

    The Trump administration and Israeli Prime Minister Benjamin Netanyahu are now spinning their own bad faith as Hamas “rejectionism”.

    They and the echo chamber that is the Western media are blaming the Palestinian group for refusing to be gulled into an “extension” of what was never more than a phoney ceasefire — Israel’s fire never ceased. Israel wants all the hostages back, without having to leave Gaza, so that Hamas has no leverage to stop Israel reviving the full genocide.

    The people of Gaza are still being fed into the Washington mafia’s meatgrinder, just as the Ukrainian people have been.

    Trump wants them out of the way so he can develop a Mediterranean playground for the rich, paid for with Gulf oil money and the so-far untapped natural gas reserves just off Gaza’s coast.

    Unlike his predecessors, Trump doesn’t pretend that Ukraine and Gaza are anything more than geostrategic real estate for Washington.

    The big shakedown
    Zelensky’s shakedown did not come out of the blue. Trump and his officials had been flagging it well in advance.

    Two weeks ago, the industrial correspondent for Britain’s Daily Telegraph wrote an article headlined “Here’s why Trump wants to make Ukraine a US economic colony”.

    Trump’s team believes that Ukraine may have rare-earth minerals under the ground worth some $15 trillion — a treasure trove that will be critical to the development of the next generation of technology.

    In their view, controlling the exploration and extraction of those minerals will be as important as control over the Middle East’s oil reserves was more than a century ago.

    And most important of all, the US wants China, its chief economic — if not military — rival excluded from the plunder. China currently has an effective monopoly on many of these critical minerals.

    Or as the Telegraph puts it, Ukraine’s “minerals offer a tantalising promise: the ability for the US to break its dependence on Chinese supplies of critical minerals that go into everything from wind turbines to iPhones and stealth fighter jets”.

    A draft of the plan seen by the Telegraph would, in its words, “amount to the US economic colonisation of Ukraine, in legal perpetuity”.

    Washington wants first refusal on all deposits within the country.

    At their Oval Office confrontation, Trump reiterated this goal: “So we’re going to be using that [Ukraine’s rare earth minerals], taking it, using it for all of the things we do, including AI, and including weapons, and the military. And it’s really going to very much satisfy our needs.”

    All of this means that Trump has a keen incentive to get the war finished as quickly as possible, and Russia’s territorial advance halted. The more territory Moscow seizes, the less territory is left for the US to plunder.

    Self-sabotage
    The battle against China over rare-earth minerals isn’t a Trump innovation either — and adds an additional layer of context for why Washington and Nato have been so keen over the past two decades to prise Ukraine away from Russia.

    Last summer, a Congressional select committee on competition with China announced the formation of a working group to counter Beijing’s “dominance of critical minerals”.

    The chairman of the committee, John Moolenaar, noted that the current US dependence on China for these minerals “would quickly become an existential vulnerability in the event of a conflict”.

    Another committee member, Rob Wittman, observed: “Dominance over global supply chains for critical mineral and rare earth elements is the next stage of great power competition.”

    What Trump appears to appreciate is that Nato’s proxy war against Russia in Ukraine has, by default, driven Moscow deeper into Beijing’s embrace. It has been self-sabotage on a grand scale.

    Together, China and Russia are a formidable opponent, and one at the centre of the ever-growing Brics group — comprised of Brazil, Russia, India, China and South Africa. They have been seeking to expand their alliance by adding emerging powers to become a counterweight to Washington and Nato’s bullying global agenda.

    But a deal with Putin over Ukraine would provide an opportunity for Washington to build a new security architecture in Europe — one more useful to the US — that places Russia inside the tent rather than outside it.

    That would leave China isolated — a long-time Pentagon goal.

    And it would also leave Europe less central to the projection of US power, which is why European leaders — led by Keir Starmer — have been looking and sounding so unnerved over the past few weeks.

    The danger is that Trump’s “peacemaking” in Ukraine simply becomes a prelude to the fomenting of a war against China, using Taiwan as the pretext in the same way Ukraine was used against Russia.

    As Moolenaar implied, US control over critical minerals — in Ukraine and elsewhere — would ensure the US was no longer vulnerable in the event of a war with China to losing access to the minerals it would need to continue the war. It would free Washington’s hand.

    Trump may be behaving in a vulgar manner. But the gangster empire he now heads is conducting the same global shakedown as ever.

    Jonathan Cook is an award-winning British journalist. He was based in Nazareth, Israel, for 20 years and returned to the UK in 2021. He is the author of three books on the Israel-Palestine conflict, including Disappearing Palestine: Israel’s Experiments in Human Despair (2008). In 2011, Cook was awarded the Martha Gellhorn Special Prize for Journalism for his work on Palestine and Israel. This article was first published in Middle East Eye and is republished with the author’s permission.

    This article was first published on Café Pacific.

    MIL OSI Analysis – EveningReport.nz –

    March 7, 2025
  • MIL-OSI: Canyon to Acquire 9.1% Stake in CAMRAIL S.A

    Source: GlobeNewswire (MIL-OSI)

    PERTH, Australia, March 06, 2025 (GLOBE NEWSWIRE) — Canyon Resources Limited (ASX: CAY) (‘Canyon’ or the ‘Company’) is pleased to announce that the Board of CAMRAIL SA (‘Camrail’) has approved Total Energies Marketing Cameroun SA (‘Total Cameroon’) and Societe d’Exploitation des Bois du Cameroun (‘SEBC’) to enter into two share sale agreements with the Company’s wholly owned in-country subsidiary Camalco Cameroon SA (‘Camalco’). The agreements will see Camalco acquire a strategic 9.1% investment in Camrail as well as secure a position on the Camrail Board upon the completion of the two acquisitions.

    Camalco acquired a 3.8% equity interest in Camrail from SEBC for an upfront cash consideration of XAF 575,700,000 (approximately A$1.4 million) and this unconditional acquisition was completed on the 28th of February 2025. Camalco will separately acquire a 5.3% equity interest in Camrail from Total Cameroon for an upfront cash consideration of XAF 812,850,000 (approximately A$2.0 million). Completion of this acquisition from Total Cameroon is subject to the remaining condition precedent of internal approval by the Apex Committee of Total Cameroon, which is expected to be completed by the end of March 2025. The total consideration of approximately A$3.4 million for the 9.1% holding in Camrail will be paid from the Company’s existing cash reserves.

    Establishing and accessing a transport network within the region, notably within the mine and from mine-to-port is a key focus area for Canyon, and the execution of these agreements and investment in Camrail which operates Cameroon’s rail network (refer to Image 1), has further de-risked the Company’s position in securing and optimising the logistics solution for its world-class, flagship Minim Martap Bauxite Project (‘Minim Martap’ or ‘the Project’).

    Minim Martap ranks among the world’s richest bauxite deposits, with an Ore Reserve of 109Mt at 51.1% Al2O3 and 2.0% SiO2 and a JORC Mineral Resource Estimate of 1,027Mt at 45.3% Al2O3.

    Mr Jean-Sebastien Boutet, Canyon Chief Executive Officer commented: “This investment in Camrail is a major milestone for Canyon, as we continue to work on establishing an optimal logistics plan for the Minim Martap Project

    “Minim Martap is a standout, tier-one bauxite project, which Canyon believes has all the required characteristics to become a long-term, low-cost operation, supplying a high-quality product into a growing and constrained market. To unlock the significant value potential of Minim Martap, Canyon has been focused on progressing and completing key discussions with with Ministry of Mines, Ministry of Transport, the Port Authority of Douala, Camrail and other relevant authorities to sign agreements for rail and port and secure logistics support.

    “We welcome the Board of Camrail’s approval of the 9.1% stake sale previously held by Total Energy and SEBC, to Camalco and look forward to working alongside the current shareholders in Camrail, State of Cameroon and Africa Global Logistics.

    “This acquisition is a significant step forward in gaining access to rail infrastructure and delivering on our logistics objectives in the first half of 2025, and I would like to take the time to recognise the ongoing hard efforts of the Canyon team as we rapidly develop Minim Martap towards production.”

    Image 1: Camrail transport route (source: http://www.camrail.net/)

    This announcement has been approved for release by the Canyon’s Board of Directors.

    Forward looking statements

    This announcement contains forward-looking statements. These statements can be identified by words such as “anticipate”, “may”, “will”, “expect”, “intend”, “estimate”, “opportunity”, “plan”, “potential”, “project”, “seek”, “believe”, “could”, “future” and other similar words that involve risks and uncertainties. These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions regarding future events and actions that are expected to take place. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, its directors and management that could cause the Company’s actual results to differ materially from the results expressed or anticipated in these statements.

    The Company cannot and does not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this announcement will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements. The Company does not undertake to update or revise forward-looking statements, regardless of whether any new information, future events or any other factors affect the information contained in this announcement, except where required by applicable law and ASX requirements.

    Mineral Resources and Ore Reserves

    The information in this announcement that relates to the Mineral Resources and Ore Reserves at the Minim Martap Bauxite Project has been extracted from the ASX releases by Canyon entitled ‘Minim Martap Mineral Resource Estimate upgrade adds Measured Resource’ dated 11 May 2021, and ‘Positive BFS for Canyon’s Minim Martap Bauxite Project’ dated 21 June 2022, available at www.canyonresources.com.au and www.asx.com (Canyon Releases). Canyon confirms that it is not aware of any new information or data that materially affects the information included in the Canyon Releases and that all material assumptions and technical parameters underpinning the estimates in the Canyon Releases continue to apply and have not materially changed.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/71ff0164-c844-4cdb-901a-4529b4e663ba

    The MIL Network –

    March 7, 2025
  • MIL-OSI Economics: Panasonic in Numbers: Solar Lantern Donation in Kenya

    Source: Panasonic

    Headline: Panasonic in Numbers: Solar Lantern Donation in Kenya

    Panasonic Holdings, in cooperation with the Japan International Cooperation Agency (JICA), has donated 100 Panasonic solar lanterns to women and girls living without electricity in Orinie Village in Kajiado County, Kenya. The donation was conducted through Kenya’s National Gender and Equality Commission (NGEC).The initiative aims to help eliminate gender-based violence (GBV), which causes up to 3.7% loss of a country’s GDP*, by encouraging women’s economic independence and helping build knowledge and confidence through electrification.“The solar lanterns offer great hope to women and girls… The lanterns mean that they can also study at home, and are able to perform work at night at home to improve their income,” commented a female leader in Orinie Village**.
    * https://www.worldbank.org/en/topic/socialsustainability/brief/violence-against-women-and-girls** https://news.panasonic.com/global/topics/16518

    MIL OSI Economics –

    March 7, 2025
  • MIL-OSI USA: Budd Hosts Bipartisan Meeting with Keith Siegel and Recently Released Hostages

    US Senate News:

    Source: United States Senator Ted Budd (R-North Carolina)
    Washington, D.C. — A day after President Donald Trump met with eight hostages released from Gaza, U.S. Senator Ted Budd (R-NC) met privately in his office with North Carolina native Keith Siegel and his wife, Aviva. Following their private meeting, Senator Budd hosted a bipartisan group of Senators who met with recently released hostages and family members who are still awaiting the return of their loved ones.
    Joining Budd for the bipartisan meeting were Senators Joni Ernst (R-IA), Richard Blumenthal (D-CT), Thom Tillis (R-NC), and Jackie Rosen (D-NV).
    Former hostages Keith and Aviva Siegel, Iair Horn, Doron Steinbrecher, and Naama Levy as well as Moshe Lavi, the brother-in-law of Omri Miran, who is still being held in Gaza, told their stories and advocated for the release of the remaining 59 hostages.
    In a statement, Senator Budd said:
    “We rejoice in Keith’s return, but we also weep for what he and his fellow hostages endured and for what the 59 remaining hostages and their families are still enduring. For 484 days, Keith’s family, particularly his wife Aviva, his children, siblings, family and friends, worked tirelessly to secure his release.
    “Our work is not over. We must continue pressuring Hamas to release the remaining hostages in Gaza, especially the five Americans. I will continue working alongside my colleagues on a bipartisan basis, with President Trump, and with world leaders until all of the hostages are home and Hamas is destroyed.”
    Click here to download full resolution photos
    Senator Budd has been working for the release of American hostages since October 2023:
    On October 25, 2023, Senator Budd first spoke about the hostage situation in Gaza on the Senate floor, where he announced his intention “to hold all humanitarian aid to Gaza until each and every American hostage is home and is safe.”
    On November 6, 2023, Senator Budd met with Qatari Ambassador Meshal Al Thani in Senator Budd’s Washington, D.C. office. In that meeting, he strongly urged the Qatari government to use their leverage on Hamas leaders currently residing in Doha to immediately release all hostages, and hold those same Hamas leaders accountable once the hostage situation is fully resolved.
    On November 26, 2023, Senator Budd reacted to the release of Keith Siegel’s wife, Aviva, saying, “While we are encouraged by the government of Qatar’s efforts to mediate the release of some of the hostages, we renew our call to their government to exert pressure on Hamas leadership to release each and every hostage immediately and unconditionally.”
    On November 28, 2023, Senator Budd spoke on the Senate floor and called out Qatar for its continued hosting of Hamas terrorist leaders, saying, “We need to tell our friends in Doha loudly and clearly: Qatar is accepting a significant liability with its pro-Hamas policy.”
    On December 13, 2023, Senator Budd sent a holiday message of support to the hostages and their families in a speech on the Senate floor, saying, “I want every one of these family members to know that our country is behind them, we support them, and we are praying for them.”
    On January 10, 2024, Senator Budd returned from a congressional delegation (CODEL) to the Middle East, which included stops in Israel, Egypt, Qatar, and Bahrain. The focus of the delegation’s meetings across the region was on securing the release of hostages.
    On the trip, Senator Budd and his colleagues toured one of the communities devastated by the October 7th massacre by Hamas terrorists. He personally spoke with former hostage Aviva Siegel, and met with top Israeli officials including Prime Minister Benjamin Netanyahu and Mossad Director David Barnea.
    Senator Budd then met with Egyptian President Abdel Fattah El-Sisi and the Prime Minister of Qatar, to whom Senator Budd sent a strong message that Qatar must do more to secure the immediate and safe release of all of the hostages.
    On January 15, 2024, Senators Budd and Joni Ernst (R-IA) published an op-ed marking the 100th day of captivity for the hostages, writing, “As long as Americans remain captive to these barbaric thugs, the latter is the victor. Allowing Americans to suffer under the yoke of terrorists is a win for evil around the world and a boon for Iran’s proxies.”
    On January 25, 2024, Senator Budd spoke on the Senate floor and delivered a sharp message to the government of Qatar: “Our patience has run out. Time is up. Either pressure Hamas leaders to release the hostages now, or expel them from your land. It’s that simple. The United States of America will be watching.”
    On March 7, 2024, Senators Budd and Tillis invited the family of Keith Siegel to be their guests at the president’s State of the Union Address. Keith’s sister Lucy and niece Hanna have accepted the Senators’ invitation.
    On March 15, 2024, Senator Budd joined a joint statement from Senators Ben Cardin (D-MD) and Jim Risch (R-ID), Chairman and Ranking Member of the Senate Foreign Relations Committee, as well as five other Senators stating, “If Hamas refuses reasonable negotiations, there is no reason for Qatar to continue hosting Hamas’ political office or any of its members in Doha.”
    On March 26, 2024, Senator Budd and Senator Ernst issued a joint statement calling on the State of Qatar to immediately expel all members of Hamas’ political office currently residing in Doha.
    On April 9, 2024, Senator Budd introduced the ‘Reviewing Qatar’s Major Non- NATO Ally Status Act’, which would require the Secretary of State to formally certify that Qatar has expelled or agreed to extradite to the United States any individuals bearing responsibility for the terror attack on October 7, 2023. If the Secretary of State cannot make this certification in good faith, then the President is required to immediately terminate the designation of the State of Qatar as a major non-NATO ally.
    On April 10, 2024, Senator Budd attempted to invoke unanimous consent on the Senate floor to pass the ‘Reviewing Qatar’s Major Non- NATO Ally Status Act’, but was blocked. He said, “The time for talking is over, and the time for action is now. If we don’t see action, then Qatar must face consequences. At the end of the day, this bill represents another step towards securing the freedom of our fellow Americans.”
    On May 7, 2024, Senators Budd and Ernst returned from a congressional delegation (CODEL) to the Middle East, which included stops in Israel, Iraq, Syria, and the United Arab Emirates (UAE).
    On the trip, Senators Budd and Ernst received first-hand updates on the state of the hostage negotiations from top U.S. and Israeli officials including Israeli Prime Minister Benjamin Netanyahu. They also hosted the families of American hostages, including the family of North Carolina native, Keith Siegel.
    On July 31, 2024, Senator Budd released a statement after Hamas’s political leader was killed, saying that it “sends a clear and resounding message to terrorists that those who kill and kidnap Americans will ultimately face justice.”
    On September 1, 2024, Senator Budd released a statement condemning the Hamas murder of American hostage Hersh Goldberg-Polin along with five other Israeli hostages, saying, “This is yet another act of cold-blooded barbarism from Hamas terrorists. It must not be excused or downplayed. The U.S. government must leave no stone unturned until all those responsible for Hersh’s kidnapping and murder are brought to justice, and until we bring every American hostage home.”
    On October 7, 2024, Senator Budd disclosed that the Biden administration had ignored a bipartisan request from Senator Budd and 11 other Senators to authorize a reward of up to $25 million for information that brings Hamas leaders to justice.
    On October 17, 2024, Senator Budd released a statement after Israeli Defense Forces killed Yahya Sinwar, the leader of Hamas and the mastermind behind the October 7, 2023 attacks, saying, “[Sinwar] was a terrorist leader who had American blood on his hands. To the remaining Hamas leaders: release the hostages, renounce terrorism, and recognize Israel’s right to exist. There is no future for Hamas or its ideology.”
    On November 8, 2024, Senator Budd joined a letter to the Department of Justice and Department of State requesting an immediate freeze on the assets of Hamas officials living in Qatar, the extradition of several senior Hamas officials currently residing in Qatar, and that Qatar end its hospitality of Hamas’ senior leadership.
    On November 8, 2024, Senator Budd released a statement after the State of Qatar decided to expel the remaining Hamas terrorist leadership from Doha, calling the move, “welcome, but long overdue.”
    On November 22, 2024, Senator Budd, along with Senate Armed Services Committee Ranking Member Roger Wicker and Senator Joni Ernst, released a statement calling on Turkey to extradite the Hamas terrorist leaders who fled there after being expelled from Qatar.
    On December 2, 2024, Senator Budd released a statement after the Israeli Defense Forces confirmed that U.S.-Israeli citizen Omer Neutra was killed by Hamas terrorists during the October 7, 2023 attacks. His body remains in Gaza, saying in-part, “this news is further proof of the true evil of Hamas terrorists. The U.S. government must not relent until all those responsible for Omer’s murder are brought to justice, and until we bring every American hostage home.”
    On February 1, 2025, Senator Budd issued a statement following the release of North Carolina Native Keith Siegel from Gaza.

    MIL OSI USA News –

    March 7, 2025
  • MIL-OSI USA: Remarks by President Trump in Joint Address to Congress

    US Senate News:

    Source: The White House
    class=”has-text-align-center”>U.S. Capitol
    Washington, D.C.
    9:19 P.M. EST
    (March 4, 2025)
         THE PRESIDENT:  Thank you.  (Applause.)  Thank you very much.  Thank you very much.  It’s a great honor.  Thank you very much. 
    Speaker Johnson, Vice President Vance, the first lady of the United States — (applause) — members of the United States Congress, thank you very much.  
    And to my fellow citizens, America is back.  (Applause.)
    AUDIENCE:  USA!  USA!  USA! 
    THE PRESIDENT:  Six weeks ago, I stood beneath the dome of this Capitol and proclaimed the dawn of the golden age of America.  From that moment on, it has been nothing but swift and unrelenting action to usher in the greatest and most successful era in the history of our country. 
    We have accomplished more in 43 days than most administrations accomplished in four years or eight years, and we are just getting started.  (Applause.)  Thank you. 
    I return to this chamber tonight to report that America’s momentum is back, our spirit is back, our pride is back, our confidence is back, and the American dream is surging bigger and better than ever before.  (Applause.)  The American dream is unstoppable, and our country is on the verge of a comeback, the likes of which the world has never witnessed and perhaps will never witness again.  There’s never been anything like it.  (Applause.)
    The presidential election of November 5th was a mandate like has not been seen in many decades.  We won all seven swing states, giving us an electoral college victory of 312 votes.  (Applause.)  We won the popular vote —
    REPRESENTATIVE GREEN:  (Inaudible.)
    THE PRESIDENT:  — by big numbers and won counties in our country —
    AUDIENCE:  Booo —
    AUDIENCE:  USA!  USA!  USA!
    REPRESENTATIVE GREEN:  You are — you have no right to cut Medicaid.
    AUDIENCE:  USA!  USA!  USA! 
    THE PRESIDENT:  — and won counties in our country 2,700 to 525 on a map that reads almost completely red for Republican.  (Applause.) 
    Now, for the first time in modern history, more Americans believe that our country is headed in the right direction than the wrong direction.  In fact, it’s an astonishing record: 27-point swing, the most ever.  (Applause.)
    Likewise, small-business optimism saw its single largest one-month gain ever recorded. 
    SPEAKER JOHNSON:  Mr. President —
    THE PRESIDENT:  A 41-point jump.
    (Speaker Johnson strikes the gavel.) 
         SPEAKER JOHNSON:  Members are directed to uphold and maintain decorum in the House and to cease any further disruptions.  That’s your warning.
    REPRESENTATIVE GREEN:  He has no mandate to cut Medicaid.
    SPEAKER JOHNSON:  Members are engaging in willful and continuing breach of decorum, and the chair is prepared to direct the sergeant at arms to restore order to the joint session.  (Applause.)
    Mr. Green, take your seat.  Take your seat, sir. 
    REPRESENTATIVE GREEN:  He has no mandate to cut Medicaid.
    SPEAKER JOHNSON:  Take your seat.
    (Cross-talk.) 
    Finding that members continue to engage in willful and concerted disruption of proper decorum, the chair now directs the sergeant at arms to restore order.  (Applause.)  Remove this gentleman from the chamber.  (Applause.)
    REPRESENTATIVE GREEN:  Shame on all of you.
         (Members of the audience sing “Na Na Hey Hey Kiss Him Goodbye.”)
         (Cross-talk.)
         You have no mandate.
    SPEAKER JOHNSON:  Members are directed to uphold and maintain decorum in the House.
    Mr. President, you can continue.
    THE PRESIDENT:  Thank you.
    Over the past six weeks, I have signed nearly 100 executive orders and taken more than 400 executive actions — a record — to restore common sense, safety, optimism, and wealth all across our wonderful land.  The people elected me to do the job, and I’m doing it.  (Applause.)
    In fact, it has been stated by many that the first month of our presidency — it’s our presidency — (applause) — is the most successful in the history of our nation by many.  (Applause.)  And what makes it even more impressive is that — do you know who number two is?  George Washington.  How about that?  (Laughter and applause.)  How about that?  I don’t know about that list, but we’ll take it. 
    Within hours of taking the oath of office, I declared a national emergency on our southern border — (applause) — and I deployed the U.S. military and Border Patrol to repel the invasion of our country.  And what a job they’ve done. 
    As a result, illegal border crossings last month were, by far, the lowest ever recorded. Ever.  (Applause.)  They heard my words, and they chose not to come.  Much easier that way. 
    In comparison, under Joe Biden, the worst president in American history — (applause) — there were hundreds of thousands of illegal crossings a month, and virtually all of them, including murderers, drug dealers, gang members, and people from mental institutions and insane asylums, were released into our country.  Who would want to do that?
    This is my fifth such speech to Congress, and, once again, I look at the Democrats in front of me, and I realize there is absolutely nothing I can say to make them happy or to make them stand or smile or applaud.  Nothing I can do.  I could find a cure to the most devastating disease — a disease that would wipe out entire nations, or announce the answers to the greatest economy in history or the stoppage of crime to the lowest levels ever recorded, and these people sitting right here will not clap, will not stand, and certainly will not cheer for these astronomical achievements.  They won’t do it no matter what.
    Five times I’ve been up here.  It’s very sad, and it just shouldn’t be this way.  (Applause.)
    So, Democrats sitting before me, for just this one night, why not join us in celebrating so many incredible wins for America?  For the good of our nation, let’s work together and let’s truly make America great again.  (Applause.)
    Every day, my administration is fighting to deliver the change America needs, to bring a future that America deserves, and we’re doing it.  This is a time for big dreams and bold action. 
    Upon taking office, I imposed an immediate freeze on all federal hiring, a freeze on all new federal regulations, and a freeze on all foreign aid.  (Applause.)  I terminated the ridiculous Green New Scam.  I withdrew from the unfair Paris Climate Accord, which was costing us trillions of dollars that other countries were not paying.  (Applause.)  I withdrew from the corrupt World Health Organization.  (Applause.)  And I also withdrew from the anti-American U.N. Human Rights Council.  (Applause.)
    We ended all of Biden’s environmental restrictions that were making our country far less safe and totally unaffordable.  And importantly, we ended the last administration’s insane electric vehicle mandate, saving our autoworkers and companies from economic destruction.  (Applause.)
    To unshackle our economy, I have directed that for every 1 new regulation, 10 old regulations must be eliminated, just like I did in my very successful first term.  (Applause.)  And in that first term, we set records on ending unnecessary rules and regulations like no other president had done before. 
    We ordered all federal workers to return to the office.  They will either show up for work in person or be removed from their job.  (Applause.)  
    And we have ended weaponized government, where, as an example, a sitting president is allowed to viciously prosecute his political opponent, like me.  How did that work out? (Laughter.)  Not too good.  (Applause.)  Not too good. 
    And I have stopped all government censorship and brought back free speech in America.  It’s back.  (Applause.) 
    And two days ago, I signed an order making English the official language of the United States of America.  (Applause.)  
    I renamed the Gulf of Mexico the Gulf of America.  (Applause.) 
    And, likewise, I renamed — for a great president, William McKinley — Mount McKinley again.  (Applause.)  Beautiful Alaska.  We love Alaska.
    We’ve ended the tyranny of so-called diversity, equity, and inclusion policies all across the entire federal government and, indeed, the private sector and our military.  (Applause.)  And our country will be woke no longer.  (Applause.)
    We believe that whether you are a doctor, an accountant, a lawyer, or an air traffic controller, you should be hired and promoted based on skill and competence, not race or gender.  Very important.  (Applause.)  You should be hired based on merit.  And the Supreme Court, in a brave and very powerful decision, has allowed us to do so.
    Thank you.  Thank you very much.  Thank you.  (Applause.)
    We have removed the poison of critical race theory from our public schools.  And I signed an order making it the official policy of the United States government that there are only two genders: male and female.  (Applause.) 
    I also signed an executive order to ban men from playing in women’s sports.  (Applause.) 
         Three years ago, Payton McNabb was an all-star high school athlete — one of the best — preparing for a future in college sports.  But when her girls’ volleyball match was invaded by a male, he smashed the ball so hard in Payton’s face, causing traumatic brain injury, partially paralyzing her right side, and ending her athletic career.  It was a shot like she’s never seen before.  She’s never seen anything like it.
    Payton is here tonight in the gallery.  And, Payton, from now on, schools will kick the men off the girls’ team or they will lose all federal funding.  (Applause.) 
    And if you really want to see numbers, just take a look at what happened in the woman’s boxing, weightlifting, track and field, swimming, or cycling, where a male recently finished a long-distance race five hours and 14 minutes ahead of a woman for a new record by five hours.  Broke the record by five hours. 
    It’s demeaning for women, and it’s very bad for our country.  We’re not going to put up with it any longer.  (Applause.) 
    What I have just described is only a small fraction of the commonsense revolution that is now, because of us, sweeping the entire world.  Common sense has become a common theme, and we will never go back.  Never.  Never going to let that happen.  (Applause.)
    Among my very highest priorities is to rescue our economy and get dramatic and immediate relief to working families.  As you know, we inherited from the last administration an economic catastrophe and an inflation nightmare.  Their policies drove up energy prices, pushed up grocery costs, and drove the necessities of life out of reach for millions and millions of Americans.  They’ve never had anything like it. 
    We suffered the worst inflation in 48 years but perhaps even in the history of our country. They’re not sure.  As president, I’m fighting every day to reverse this damage and make America affordable again.  (Applause.)
    Joe Biden especially let the price of eggs get out of control.
    AUDIENCE:  Booo —
    THE PRESIDENT:  The egg price is out of control, and we’re working hard to get it back down. 
    Secretary, do a good job on that.  You inherited a total mess from the previous administration.  Do a good job.  (Applause.) 
    A major focus of our fight to defeat inflation is rapidly reducing the cost of energy.  The previous administration cut the number of new oil and gas leases by 95 percent, slowed pipeline construction to a halt, and closed more than 100 power plants.  We are opening up many of those power plants right now.  (Applause.) 
    And, frankly, we have never seen anything like it.  That’s why, on my first day in office, I declared a national energy emergency.  (Applause.)  As you’ve heard me say many times, we have more liquid gold under our feet than any nation on Earth and by far.  And now I’ve fully authorized the most talented team ever assembled to go and get it.  It’s called drill, baby, drill.  (Applause.) 
    My administration is also working on a gigantic natural gas pipeline in Alaska — among the largest in the world — where Japan, South Korea, and other nations want to be our partner with investments of trillions of dollars each.  There’s never been anything like that one.  It will be truly spectacular.  It’s all set to go.  The permitting is gotten.
    And later this week, I will also take historic action to dramatically expand production of critical minerals and rare earths here in the USA.  (Applause.)  
    To further combat inflation, we will not only be reducing the cost of energy, but we’ll be ending the flagrant waste of taxpayer dollars.  (Applause.)  And to that end, I have created the brand-new Department of Government Efficiency – DOGE. (Applause.) Perhaps you’ve heard of it — perhaps — which is headed by Elon Musk, who is in the gallery tonight.  (Applause.)
    Thank you, Elon.  He’s working very hard.  He didn’t need this.  (Laughs.)  He didn’t need this.  Thank you very much.  We appreciate it.  Everybody here, even this side, appreciates it, I believe.  (Applause.)  They just don’t want to admit that.
    Just listen to some of the appalling waste we have already identified.
    $22 billion from HHS to provide free housing and cars for illegal aliens.
    $45 million for diversity, equity, and inclusion scholarships in Burma.
    $40 million to improve the social and economic inclusion of sedentary migrants.  Nobody knows what that is.  (Laughter.) 
    $8 million to promote LGBTQI+ in the African nation of Lesotho, which nobody has ever heard of.  (Laughter.)
    $60 million for Indigenous peoples and Afro-Colombian empowerment in Central America.  $60 million.
    $8 million for making mice transgender.  (Laughter.)  This is real.
    $32 million for a left-wing propaganda operation in Moldova.
    $10 million for male circumcision in Mozambique.
    $20 million for the Arab “Sesame Street” in the Middle East.  It’s a program.  $20 million for a program.
    $1.9 billion to recently created decarbonization of homes committee, headed up — and we know she’s involved — just at the last moment, the money was passed over — by a woman named Stacey Abrams.  Have you ever heard of her?
    AUDIENCE:  Booo —
    THE PRESIDENT:  A $3.5 million consulting contract for lavish fish monitoring.
    $1.5 million for voter confidence in Liberia.
    $14 million for social cohesion in Mali.
    $59 million for illegal alien hotel rooms in New York City. 
    AUDIENCE:  Booo —
    THE PRESIDENT:  He’s a real estate developer.  He’s done very well.
    $250,000 to increase vegan local climate action innovation in Zambia.
    $42 million for social and behavior change in Uganda.
    $14 million for improving public procurement in Serbia.
    $47 million for improving learning outcomes in Asia.  Asia is doing very well with learning.  (Laughter.)  Don’t know what we’re doing.  We should use it ourselves.
    And $101 million for DEI contracts at the Department of Education, the most ever paid.  Nothing even like it.
    Under the Trump administration, all of these scams — and there are far worse, but I didn’t think it was appropriate to talk about them.  They’re so bad.  Many more have been found out and exposed and swiftly terminated by a group of very intelligent, mostly young people, headed up by Elon.  And we appreciate it.  We’ve found hundreds of billions of dollars of fraud.  (Applause.)
    And we’ve taken back the money and reduced our debt to fight inflation and other things.  Taken back a lot of that money.  We got it just in time. 
    AUDIENCE MEMBERS:  (Inaudible.)
    THE PRESIDENT:  This is just the beginning.  The Government Accountability Office, a federal government office, has estimated annual fraud of over $500 billion in our nation, and we are working very hard to stop it.  We’re going to.
    We’re also identifying shocking levels of incompetence and probable fraud in the Social Security program for our seniors and that our seniors and people that we love rely on.  Believe it or not, government databases list 4.7 million Social Security members from people aged 100 to 109 years old.
    THE PRESIDENT:  It lists 3.6 million people from ages 110 to 119.  I don’t know any of them.  I know some people that are rather elderly, but not quite that elderly.  (Laughter.) 
    3.47 million people from ages 120 to 129. 
    3.9 million people from ages 130 to 139.
    3.5 million people from ages 140 to 149.
    And money is being paid to many of them, and we’re searching right now. 
    In fact, Pam, good luck.  Good luck.  You’re going to find it.
    But a lot of money is paid out to people because it just keeps getting paid and paid, and nobody does — and it really hurts Social Security and hurts our country.
    1.3 million people from ages 150 to 159.  And over 130,000 people, according to the Social Security databases, are age over 160 years old.  
    We have a healthier country than I thought, Bobby.  (Laughter and applause.)
    Including, to finish, 1,039 people between the ages of 220 and 229; one person between the age of 240 and 249; and one person is listed at 360 years of age.
    AUDIENCE MEMBER:  Joe Biden!  (Laughter.)
    THE PRESIDENT: More than 100 years older than our country. 
    But we’re going to find out where that money is going, and it’s not going to be pretty. 
    By slashing all of the fraud, waste, and theft we can find, we will defeat inflation, bring down mortgage rates, lower car payments and grocery prices, protect our seniors, and put more money in the pockets of American families.  (Applause.) 
    And today, interest rates took a beautiful drop — big, beautiful drop.  It’s about time.
    And in the near future, I want to do what has not been done in 24 years: balance the federal budget.  We’re going to balance it.  (Applause.) 
    With that goal in mind, we have developed in great detail what we are calling the gold card, which goes on sale very, very soon.  
         For $5 million, we will allow the most successful, job-creating people from all over the world to buy a path to U.S. citizenship.  It’s like the green card but better and more sophisticated.  (Laughter.)  And these people will have to pay tax in our country.  They won’t have to pay tax from where they came.  The money that they’ve made, you wouldn’t want to do that, but they have to pay tax, create jobs.
    They’ll also be taking people out of colleges and paying for them so that we can keep them in our country, instead of having them being forced out.  Number one at the top school, as an example, being forced out and not being allowed to stay and create tremendous numbers of jobs and great success for a company out there.
    So, while we take out the criminals, killers, traffickers, and child predators who were allowed to enter our country under the open border policy of these people — the Democrats, the Biden administration — the open border, insane policies that you’ve allowed to destroy our country — we will now bring in brilliant, hardworking, job-creating people.  They’re going to pay a lot of money, and we’re going to reduce our debt with that money.  (Applause.)
    Americans have given us a mandate for bold and profound change.  For nearly 100 years, the federal bureaucracy has grown until it has crushed our freedoms, ballooned our deficits, and held back America’s potential in every possible way.  The nation founded by pioneers and risk-takers now drowns under millions and millions of pages of regulations and debt. 
    Approvals that should take 10 days to get instead take 10 years, 15 years, and even 20 years before you’re rejected.  Meanwhile, we have hundreds of thousands of federal workers who have not been showing up to work. 
    My administration will reclaim power from this unaccountable bureaucracy, and we will restore true democracy to America again. (Applause.)  Any federal bureaucrat who resists this change will be removed from office immediately — (applause) — because we are draining the swamp.  It’s very simple.  And the days of rule by unelected bureaucrats are over.  (Applause.)
    And the next phase of our plan to deliver the greatest economy in history is for this Congress to pass tax cuts for everybody.  They’re in there.  They’re waiting for you to vote.  (Applause.) 
    And I’m sure that the people on my right — I don’t mean the Republican right, but my right right here — I’m sure you’re going to vote for those tax cuts, because, otherwise, I don’t believe the people will ever vote you into office.  So, I’m doing you a big favor by telling you that.  (Applause.)
    But I know this group is going to be voting for the taxes.  (Applause.)
    Thank you.  It’s a very, very big part of our plan.  We had tremendous success in our first term with it.  A very big part of our plan.  We’re seeking permanent income tax cuts all across the board.
    And to get urgently needed relief to Americans hit especially hard by inflation, I’m calling for no tax on tips, no tax on overtime, and no tax on Social Security benefits for our great seniors.  (Applause.) 
    (Addressing Speaker Johnson.)  Good luck.
    And I also want to make interest payments on car loans tax deductible but only if the car is made in America.  (Applause.)  
    And, by the way, we’re going to have growth in the auto industry like nobody has ever seen.  Plants are opening up all over the place.  Deals are being made.  Never seen. That’s a combination of the election win and tariffs. 
    It’s a beautiful word, isn’t it? 
    That, along with our other policies, will allow our auto industry to absolutely boom.  It’s going to boom.  Spoke to the majors today — all three — the top people, and they’re so excited.  In fact, already, numerous car companies have announced that they will be building massive automobile plants in America, with Honda just announcing a new plant in Indiana, one of the largest anywhere in the world.  (Applause.) 
    And this has taken place since our great victory on November 5th, a date which will hopefully go down as one of the most important in the history of our country.  (Applause.)  
    In addition, as part of our tax cuts, we want to cut taxes on domestic production and all manufacturing.  And just as we did before, we will provide 100 percent expensing.  It will be retroactive to January 20th, 2025, and it was one of the main reasons why our tax cuts were so successful in our first term, giving us the most successful economy in the history of our country.  First term — we had a great first term.  (Applause.) 
    If you don’t make your product in America, however, under the Trump administration, you will pay a tariff and, in some cases, a rather large one.  Other countries have used tariffs against us for decades, and now it’s our turn to start using them against those other countries.
    On average, the European Union, China, Brazil, India, Mexico, and Canada — have you heard of them? — and countless other nations charge us tremendously higher tariffs than we charge them.  It’s very unfair.  India charges us auto tariffs higher than 100 percent.  China’s average tariff on our products is twice what we charge them.  And South Korea’s average tariff is four times higher.  Think of that: four times higher.  And we give so much help militarily and in so many other ways to South Korea, but that’s what happens.
    This is happening by friend and foe.  This system is not fair to the United States and never was.  And so, on April 2nd — I wanted to make it April 1st, but I didn’t want to be accused of April Fool’s Day.  (Laughter.)  Just one day, which cost us a lot of money.  (Laughter.)  But we’re going to do it in April. I’m a very superstitious person. April 2nd, reciprocal tariffs kick in.  And whatever they tariff us — other countries — we will tariff them.  That’s reciprocal, back and forth.  (Applause.)  Whatever they tax us, we will tax them.
    If they do non-monetary tariffs to keep us out of their market, then we will do non-monetary barriers to keep them out of our market.  There’s a lot of that too.  They don’t even allow us in their market.
    We will take in trillions and trillions of dollars and create jobs like we have never seen before.  I did it with China, and I did it with others.  And the Biden administration couldn’t do anything about it because it was so much money.  They couldn’t do anything about it.
    We have been ripped off for decades by nearly every country on Earth, and we will not let that happen any longer.  (Applause.) 
    Much has been said over the last three months about Mexico and Canada, but we have very large deficits with both of them.  But even more importantly, they have allowed fentanyl to come into our country at levels never seen before, killing hundreds of thousands of our citizens and many very young, beautiful people — destroying families.  Nobody has ever seen anything like it. 
    They are, in effect, receiving subsidies of hundreds of billions of dollars.  We pay subsidies to Canada and to Mexico of hundreds of billions of dollars.  And the United States will not be doing that any longer.  We’re not going to do it any longer.  (Applause.)
    Thanks to our America First policies we’re putting into place, we have had $1.7 trillion of new investment in America in just the past few weeks.  (Applause.)  The combination of the election and our economic policies — the people of SoftBank, one of the most brilliant anywhere in the world, announced a $200 billion investment.  OpenAI and Oracle — Larry Ellison — announced $500 billion investment, which they wouldn’t have done if Kamala had won.  (Applause.)
    Apple announced $500 billion investment.  Tim Cook called me.  He said, “I cannot spend it fast enough.”  It’s going to be much higher than that, I believe.  They’ll be building their plants here, instead of in China. 
    And just yesterday, Taiwan Semiconductor — the biggest in the world, most powerful in the world, has a tremendous amount — 97 percent of the market, announced a $165 billion investment to build the most powerful chips on Earth right here in the USA.  (Applause.) 
    And we’re not giving them any money.  Your CHIPS Act is a horrible, horrible thing.  We give hundreds of billions of dollars, and it doesn’t mean a thing.  They take our money, and they don’t spend it.  All that meant to them — we’re giving them no money.  All that was important to them was they didn’t want to pay the tariffs, so they came and they’re building.  And many other companies are coming.  
    We don’t have to give them money.  We just want to protect our businesses and our people.  And they will come because they won’t have to pay tariffs if they build in America.  And so, it’s very amazing.
    You should get rid of the CHIP Act.  And whatever is left over, Mr. Speaker, you should use it to reduce debt or any other reason you want to.  (Applause.) 
    Our new trade policy will also be great for the American farmer — I love the farmer — (applause) — who will now be selling into our home market, the USA, because nobody is going to be able to compete with you.  Because those goods that come in from other countries and companies, they’re really, really in a bad position in so many different ways.  They’re uninspected.  They may be very dirty and disgusting, and they come in and they pour in, and they hurt our American farmers.
    The tariffs will go on agricultural product coming into America.  And our farmers, starting on April 2nd — it may be a little bit of an adjustment period.  We had that before, when I made the deal with China.  Fifty billion dollars of purchases, and I said, “Just bear with me,” and they did.  They did.  Probably have to bear with me again, and this will be even better.  
    That was great.  The problem with it was that Biden didn’t enforce it.  He didn’t enforce it.  Fifty billion dollars of purchases, and we were doing great, but Biden did not enforce it.  And it hurt our farmers, but our farmers are going to have a field day right now.
    So, to our farmers, have a lot of fun.  I love you too.  I love you too.  (Applause.)  It’s all going to happen.
    And I have also imposed a 25 percent tariff on foreign aluminum, copper, lumber, and steel, because if we don’t have, as an example, steel and lots of other things, we don’t have a military and, frankly, we just won’t have a country very long.
    Here today is a proud American steelworker, fantastic person from Decatur, Alabama.  Jeff Denard has been working at the same steel plant for 27 years in a job that has allowed him to serve as the captain of his local volunteer fire department; raise seven children with his beautiful wife, Nicole; and over the years, provide a loving home for more than 40 foster children.  So great, Jeff.  (Applause.) 
    Thank you, Jeff.  Thank you, Jeff.  (Applause.)
    Stories like Jeff’s remind us that tariffs are not just about protecting American jobs.  They’re about protecting the soul of our country.  Tariffs are about making America rich again and making America great again.  And it’s happening, and it will happen rather quickly.
    There will be a little disturbance, but we’re okay with that.  It won’t be much. 
    AUDIENCE MEMBER:  No, we’re not!
    THE PRESIDENT:  No, you’re not.  Oh.  (Laughter.)
    And look — and look where Biden took us.  Very low.  The lowest we’ve ever been.
    Jeff, I want to thank you very much.
    And I also want to recognize another person who has devoted herself to foster care community.  She worked so hard on it.  A very loving person.  Our magnificent first lady of the United States.  (Applause.)
    Melania’s work has yielded incredible results, helping prepare our nation’s future leaders as they enter the workforce.  
    Our first lady is joined by two impressive young women — very impressive: Haley Ferguson, who benefited from the first lady’s Fostering the Future initiative and is poised to complete her education and become a teacher, and Elliston Berry, who became a victim of an illicit deepfake image produced by a peer.  With Elliston’s help, the Senate just passed the Take It Down Act — 
    This is so important.  Thank you very much, John.  John Thune, thank you.  (Applause.)  Stand up, John.  Thank you, John.  (Applause.)  Thank you all very much.  Thank you.
    And thank you to John Thune and the Senate.  A great job.
    — to criminalize the publication of such images online.  This terrible, terrible thing.  And once it passes the House, I look forward to signing that bill into law.  Thank you.  
    And I’m going to use that bill for myself too, if you don’t mind — (laughter) — because nobody gets treated worse than I do online.  Nobody.  (Laughter.) 
    That’s great.  Thank you very much to the Senate.  Thank you.
    But if we truly care about protecting America’s children, no step is more crucial than securing America’s borders.  Over the past four years, 21 million people poured into the United States.  Many of them were murderers, human traffickers, gang members, and other criminals from the streets of dangerous cities all throughout the world.  Because of Joe Biden’s insane and very dangerous open border policies, they are now strongly embedded in our country, but we are getting them out and getting them out fast.  (Applause.)
    And I want to thank Tom Homan.  And, Kristi, I want to thank you.  And Paul of Border Patrol, I want to thank you.  What a job they’ve all done.  Everybody.  Border Patrol, ICE.  Law enforcement, in general, is incredible.  We have to take care of our law enforcement.  (Applause.)  We have to. 
    Last year, a brilliant 22-year-old nursing student named Laken Riley — the best in her class, admired by everybody — went out for a jog on the campus of the University of Georgia.  That morning, Laken was viciously attacked, assaulted, beaten, brutalized, and horrifically murdered.  Laken was stolen from us by a savage illegal alien gang member who was arrested while trespassing across Biden’s open southern border and then set loose into the United States under the heartless policies of that failed administration.  It was indeed a failed administration.
    He had then been arrested and released in a Democrat-run sanctuary city — a disaster — before ending the life of this beautiful young angel.
    With us this evening are Laken’s beloved mother, Allyson, and her sister, Lauren.  (Applause.)
    Last year, I told Laken’s grieving parents that we would ensure their daughter would not have died in vain.  That’s why the very first bill I signed into law as your 47th president mandates the detention of all dangerous criminal aliens who threaten public safety.  It’s a very strong, powerful act.  (Applause.)  It’s called the Laken Riley Act.  (Applause.) 
    So, Allyson and Lauren, America will never, ever forget our beautiful Laken Hope Riley.  (Applause.)
    Thank you very much.
    Since taking office, my administration has launched the most sweeping border and immigration crackdown in American history, and we quickly achieved the lowest numbers of illegal border crossers ever recorded.  Thank you.  (Applause.)
    The media and our friends in the Democrat Party kept saying we needed new legislation.  “We must have legislation to secure the border.”  But it turned out that all we really needed was a new president.  (Applause.) 
    AUDIENCE:  Trump!  Trump!  Trump!
    THE PRESIDENT:  Thank you.
    Joe Biden didn’t just open our borders.  He flew illegal aliens over them to overwhelm our schools, hospitals, and communities throughout the country.  Entire towns, like Aurora, Colorado, and Springfield, Ohio, buckled under the weight of the migrant occupation and corruption like nobody has ever seen before.  Beautiful towns destroyed.
    Now, just as I promised in my Inaugural Address, we are achieving the great liberation of America.  (Applause.)
    But there still is much work to be done. 
    Here tonight is a woman I have gotten to know: Alexis Nungaray from Houston.  Wonderful woman.  Last June, Alexis’s 12-year-old daughter, her precious Jocelyn, walked to a nearby convenience store.  She was kidnapped, tied up, assaulted for two hours under a bridge, and horrifically murdered.  Arrested and charged with this heinous crime are two illegal alien monsters from Venezuela, released into America by the last administration through their ridiculous open border.
    The death of this beautiful 12-year-old girl and the agony of her mother and family touched our entire nation greatly. 
    Alexis, I promised that we would always remember your daughter — your magnificent daughter.  And earlier tonight, I signed an order keeping my word to you.  
    One thing I have learned about Jocelyn is that she loved animals so much.  She loved nature.  Across Galveston Bay from where Jocelyn lived in Houston, you will find a magnificent national wildlife refuge. A pristine, peaceful, 34,000-acre sanctuary for all of God’s creatures on the edge of the Gulf of America.
    Alexis, moments ago, I formally renamed that refuge in loving memory of your beautiful daughter, Jocelyn.
    So, Mr. Vice President, if you would, may I have the order?  (Applause.)
    (The president holds up the executive order.)
    Thank you very much. 
    All three savages charged with Jocelyn and Laken’s murders were members of the Venezuelan prison gang — the toughest gang, they say, in the world — known as Tren de Aragua.  Two weeks ago, I officially designated this gang, along with MS-13 and the bloodthirsty Mexican drug cartels, as foreign terrorist organizations.  (Applause.)  They are now officially in the same category as ISIS, and that’s not good for them. 
    Countless thousands of these terrorists were welcomed into the U.S. by the Biden administration, but now every last one will be rounded up and forcibly removed from our country, or, if they’re too dangerous, put in jails, standing trial in this country, because we don’t want them to come back ever.
    With us this evening is a warrior on the front lines of that battle, Border Patrol agent Roberto Ortiz.  Great guy.  (Applause.)  
    In January, Roberto and another agent were patrolling by the Rio Grande, near an area known as Cartel Island — doesn’t sound too nice to me — when heavily armed gunmen started shooting at them.  Roberto saw that his partner was totally exposed, in great danger, and he leapt into action, returning fire and providing crucial seconds for his fellow agent to seek safety, and just barely.  I have some of the prints of that event, and it was not good. 
    Agent Ortiz, we salute you for your great courage and for your line of fire that you took and for the bravery that you showed.  We honor you, and we will always honor you.  Thank you, Roberto, very much.  (Applause.)  Thank you, Roberto. 
    And I actually got to know him on my many calls to the border.  He’s a great, great gentleman.
    The territory to the immediate south of our border is now dominated entirely by criminal cartels that murder, rape, torture, and exercise total control — they have total control over a whole nation — posing a grave threat to our national security.  The cartels are waging war in America, and it’s time for America to wage war on the cartels, which we are doing.  (Applause.)
    Five nights ago, Mexican authorities, because of our tariff policies being imposed on them — think of this — handed over to us 29 of the biggest cartel leaders in their country.  That has never happened before.  They want to make us happy.  (Applause.)  First time ever.
    But we need Mexico and Canada to do much more than they’ve done, and they have to stop the fentanyl and drugs pouring into the USA.  They’re going to stop it.  
    I have sent Congress a detailed funding request laying out exactly how we will eliminate these threats to protect our homeland and complete the largest deportation operation in American history, larger even than current record holder, President Dwight D. Eisenhower, a moderate man but someone who believed very strongly in borders.  Americans expect Congress to send me this funding without delay so I can sign it into law. 
    So, Mr. Speaker, John Thune, both of you, I hope you’re going to be able to do that.  Mr. Speaker, thank you.  Mr. Leader, thank you.  Thank you very much.  And let’s get it to me.  I’ll sign it so fast, you won’t even believe it.  (Applause.)
    And as we reclaim our sovereignty, we must also bring back law and order to our cities and towns.  (Applause.)  In recent years, our justice system has been turned upside down by radical-left lunatics.  Many jurisdictions virtually ceased enforcing the law against dangerous repeat offenders while weaponizing law enforcement against political opponents like me.
    My administration has acted swiftly and decisively to restore fair, equal, and impartial justice under the constitutional rule of law, starting at the FBI and the DOJ.  
    Pam, good luck.  Kash, wherever you may be, good luck.  (Applause.)  Good luck.  Pam Bondi, good luck.  So important.  Going to do a great job.  (Applause.)  
    Kash, thank you.  Thank you, Kash.  (Applause.)
    They have already started very strong.  They’re going to do a fantastic job.  You’re going to be very proud of them. 
    We’re also, once again, giving our police officers the support, protection, and respect they so dearly deserve.  They have to get it.  They have such a hard, dangerous job, but we’re going to make it less dangerous.  The problem is the bad guys don’t respect the law, but they’re starting to respect it, and they soon will respect it.
    (Cross-talk.)
    This also includes our great fire departments throughout the country.  Our firemen and women are unbelievable people, and I will never forget them.  And besides that, they voted for me in record numbers, so I have no choice.  (Applause.)
    One year ago this month, 31-year-old New York police officer Jonathan Diller — unbelievably wonderful person and a great officer — was gunned down at a traffic stop on Long Island.  I went to his funeral.  The vicious criminal charged with his murder had 21 prior arrests, and they were rough arrests too.  He was a real bad one.
    The thug in the seat next to him had 14 prior arrests and went by the name of “Killer.”  He was Killer.  He killed other people.  They say a lot of them. 
    I attended Officer Diller’s service, and when I met his wife and one-year-old son, Ryan, it was very inspirational, actually.  His widow’s name is Stephanie, and she is here tonight.  Stephanie, thank you very much, Stephanie.  Thank you very much.  (Applause.)
    Stephanie, we’re going to make sure that Ryan knows his dad was a true hero — New York’s Finest.  And we’re going to get these cold-blooded killers and repeat offenders off our streets, and we’re going to do it fast.  Got to stop it. 
    They get out with 28 arrests.  They push people into subway trains.  They hit people over the back of the head with baseball bats.  We got to get them out of here. 
    I’ve already signed an executive order requiring a mandatory death penalty for anyone who murders a police officer.  And, tonight, I’m asking Congress to pass that policy into permanent law.  (Applause.)
    I’m also asking for a new crime bill, getting tough on repeat offenders while enhancing protections for America’s police officers so they can do their jobs without fear of their lives being totally destroyed.  They don’t want to be killed.  We’re not going to let them be killed.
    Joining us in the gallery tonight is a young man who truly loves our police.  His name is D.J. Daniel.  He is 13 years old, and he has always dreamed of becoming a police officer.  (Applause.)
    But in 2018, D.J. was diagnosed with brain cancer.  The doctors gave him five months at most to live.  That was more than six years ago.  (Applause.)
    Since that time, D.J. and his dad have been on a quest to make his dream come true, and D.J. has been sworn in as an honorary law enforcement officer, actually, a number of times.  Pec- — the police love him.  The police departments love him. 
    And tonight, D.J., we’re going to do you the biggest honor of them all.  I am asking our new Secret Service director, Sean Curran, to officially make you an agent of the United States Secret Service.  (Applause.)
    (Director Curran presents Mr. Daniel with a Secret Service Agent credential.)
    AUDIENCE:  D.J.!  D.J.!  D.J.!
    THE PRESIDENT:  Thank you, D.J. 
    D.J.’s doctors believe his cancer likely came from a chemical he was exposed to when he was younger.  Since 1975, rates of child cancer have increased by more than 40 percent.  Reversing this trend is one of the top priorities for our new presidential commission to make America healthy again, chaired by our new secretary of Health and Human Services, Robert F. Kennedy, Jr.  (Applause.) 
    AUDIENCE MEMBER:  MAHA, baby!
    THE PRESIDENT:  With the name “Kennedy,” you would have thought everybody over here would have been cheering.  (Laughter.)  How quickly they forget.  
    Our goal is to get toxins out of our environment, poisons out of our food supply, and keep our children healthy and strong.  
    As an example, not long ago — you can’t even believe these numbers — 1 in 10,000 children had autism. 1 in 10,000.  And now it’s 1 in 36.  There’s something wrong.  One in 36.  Think of that. 
    So, we’re going to find out what it is, and there’s nobody better than Bobby and all of the people that are working with you — you have the best — to figure out what is going on.  
    Okay, Bobby?  Good luck.  It’s a very important job.  Thank you.  (Applause.)  Thank you.  Thank you.
    My administration is also working to protect our children from toxic ideologies in our schools. 
         A few years ago, January Littlejohn and her husband discovered that their daughter’s school had secretly socially transitioned their 13-year-old little girl.  Teachers and administrators conspired to deceive January and her husband, while encouraging her daughter to use a new name and pronouns — “they/them” pronouns, actually — all without telling January, who is here tonight and is now a courageous advocate against this form of child abuse.  January, thank you.  Thank you.  Thank you very much.  (Applause.)  Thank you.  Thank you. 
    Stories like this are why, shortly after taking office, I signed an executive order banning public schools from indoctrinating our children with transgender ideology.  (Applause.) 
    I also signed an order to cut off all taxpayer funding to any institution that engages in the sexual mutilation of our youth.  (Applause.)  And now I want Congress to pass a bill permanently banning and criminalizing sex changes on children and forever ending the lie that any child is trapped in the wrong body.  This is a big lie.  (Applause.)
    And our message to every child in America is that you are perfect exactly the way God made you.  (Applause.)
         Because we’re getting wokeness out of our schools and out of our military, and it’s already out, and it’s out of our society.  We don’t want it.  Wokeness is trouble.  Wokeness is bad.  It’s gone.  It’s gone.  And we feel so much better for it, don’t we?  Don’t we feel better?  (Applause.)  
         Our service members won’t be activists and ideologues.  They will be fighters and warriors.  They will fight for our country.           And, Pete, congratulations.  Secretary of Defense, congratulations.  (Applause.)
         And he’s not big into the woke movement, I can tell you.  (Laughter.)  I know him well. 
         I am pleased to report that, in January, the U.S. Army had its single best recruiting month in 15 years and that all armed services are having among the best recruiting results ever in the history of our services.  (Applause.)  What a difference.
         And you know it was just a few months ago where the results were exactly the opposite.  We couldn’t recruit anywhere.  We couldn’t recruit.  Now we’re having the best results, just about, that we’ve ever had.  What a tremendous turnaround.  It’s really a beautiful thing to see.  People love our country again.  It’s very simple.  They love our country, and they love being in our military again.  So, it’s a great thing.  And thank you very much.  Great job.  Thank you.  (Applause.)
         We’re joined tonight by a young man, Jason Hartley, who knows the weight of that call of duty.  Jason’s father, grandfather, and great-grandfather all wore the uniform. 
         Jason tragically lost his dad, who was also a Los Angeles County sheriff’s deputy, when he was just a boy, and now he wants to carry on the family legacy of service.  Jason is a senior in high school, a six-letter varsity athlete — a really good athlete, they say — a brilliant student, with a 4.46 — that’s good — GPA.  (Laughter.)  And his greatest dream is to attend the U.S. Military Academy at West Point.  (Applause.) 
         And, Jason, that’s a very big deal getting in.  That’s a hard one to get into.  But I’m pleased to inform you that your application has been accepted.  You will soon be joining the Corps of Cadets.  (Applause.) 
         Thank you.  Jason, you’re going to be on the Long Gray Line, Jason. 
         As commander in chief, my focus is on building the most powerful military of the future.  As a first step, I’m asking Congress to fund a state-of-the-art Golden Dome missile defense shield to protect our homeland, all made in the USA.  (Applause.) 
         And Ronald Reagan wanted to do it long ago, but the technology just wasn’t there, not even close.  But now we have the technology.  It’s incredible, actually.  And other places, they have it: Israel has it.  Other places have it.  And the United States should have it too.  Right, Tim?  Right?  (Applause.)  They should have it too.  So, I want to thank you. 
         But it’s a very important.  This is a very dangerous world.  We should have it.  We want to be protected.  And we’re going to protect our citizens like never before.
         To boost our defense industrial base, we are also going to resurrect the American shipbuilding industry, including commercial shipbuilding and military shipbuilding.  (Applause.)
         And for that purpose, I am announcing tonight that we will create a new Office of Shipbuilding in the White House and offer special tax incentives to bring this industry home to America, where it belongs. 
         We used to make so many ships.  We don’t make them anymore very much, but we’re going to make them very fast, very soon.  It will have a huge impact.          To further enhance our national security, my administration will be reclaiming the Panama Canal, and we’ve already started doing it.  (Applause.)
         Just today, a large American company announced they are buying both ports around the Panama Canal and lots of other things having to do with the Panama Canal and a couple of other canals. 
         The Panama Canal was built by Americans for Americans, not for others, but others could use it.  But it was built at tremendous cost of American blood and treasure.  Thirty-eight thousand workers died building the Panama Canal.  They died of malaria.  They died of snake bites and mosquitoes.  Not a nice place to work.  They paid them very highly to go there, knowing there was a 25 percent chance that they would die.  The most expensive project, also, that was ever built in our country’s history, if you bring it up to modern-day costs.
         It was given away by the Carter administration for $1, but that agreement has been violated very severely.  We didn’t give it to China.  We gave it to Panama, and we’re taking it back.  (Applause.)
         And we have Marco Rubio in charge.  Good luck, Marco.  (Laughter and applause.)  Now we know who to blame if anything goes wrong.  (Laughter.) 
    No, Marco has been amazing, and he’s going to do a great job.  Think of it.  He got a hundred votes.  (Applause.)  You know, he was approved with, actually, 99, but the 100th was this gentleman, and I feel very certain — so, let’s assume he got 100 votes.  And I’m either very, very happy about that or I’m very concerned about it.  (Laughter.) 
         But he’s already proven — I mean, he’s a great gentleman.  He’s respected by everybody.  And we appreciate you voting for Marco.  He’s going to do a fantastic job.  Thank you.  (Applause.)  Thank you.  He’s doing a great job.  Great job. 
         And I also have a message tonight for the incredible people of Greenland.  (Laughter.)  We strongly support your right to determine your own future, and, if you choose, we welcome you into the United States of America. 
         We need Greenland for national security and even international security, and we’re working with everybody involved to try and get it.  But we need it, really, for international world security.  And I think we’re going to get it.  One way or the other, we’re going to get it.  
    We will keep you safe.  We will make you rich.  And together, we will take Greenland to heights like you have never thought possible before.  
         It’s a very small population but very, very large piece of land and very, very important for military security.
         America is once again standing strong against the forces of radical Islamic terrorism. 
         Three and a half years ago, ISIS terrorists killed 13 American service members and countless others in the Abbey Gate bombing during the disastrous and incompetent withdrawal from Afghanistan — not that they were withdrawing; it was the way they withdrew.  Perhaps the most embarrassing moment in the history of our country.  
         Tonight, I am pleased to announce that we have just apprehended the top terrorist responsible for that atrocity, and he is right now on his way here to face the swift sword of American justice.  (Applause.)
         And I want to thank, especially, the government of Pakistan for helping arrest this monster. 
         This was a very momentous day for those 13 families, who I actually got to know very well, most of them, whose children were murdered, and the many people that were so badly — over 42 people — so badly injured on that fateful day in Afghanistan.  What a horrible day.  Such incompetence was shown that when Putin saw what happened, I guess he said, “Wow, maybe this is my chance.”  That’s how bad it was.  Should have never happened.  Grossly incompetent people. 
         I spoke to many of the parents and loved ones, and they’re all in our hearts tonight.  Just spoke to them on the phone.  We had a big call.  Every one of them called, and everybody was on the line, and they did nothing but cry with happiness.  They were very happy — as happy as you can be under those circumstances.  Their child, brother, sister, son, daughter was killed for no reason whatsoever. 
         In the Middle East, we’re bringing back our hostages from Gaza.  In my first term, we achieved one of the most groundbreaking peace agreements in generations: the Abraham Accords.  (Applause.) 
    And now we’re going to build on that foundation to create a more peaceful and prosperous future for the entire region.  A lot of things are happening in the Middle East.  People haven’t been talking about that so much lately with everything going on with Ukraine and Russia, but a lot of things are happening in the Middle East.  It’s a rough neighborhood, actually.
         I’m also working tirelessly to end the savage conflict in Ukraine.  Millions of Ukrainians and Russians have been needlessly killed or wounded in this horrific and brutal conflict with no end in sight. 
         The United States has sent hundreds of billions of dollars to support Ukraine’s defense with no security, with no anything.  (Applause.)
         Do you want to keep it going for another five years? 
         SENATOR WARREN:  Yes!
         THE PRESIDENT:  Yeah.  Yeah, you would say — Pocahontas says, “Yes.”  (Laughter.)
         AUDIENCE MEMBERS:  Booo —
         THE PRESIDENT:  Two thousand people are being killed every single week — more than that.  They’re Russian young people.  They’re Ukrainian young people.  They’re not Americans.  But I want it to stop.
         Meanwhile, Europe has sadly spent more money buying Russian oil and gas than they have spent on defending Ukraine, by far.  Think of that.  They’ve spent more buying Russian oil and gas than they have defending.  And we’ve spent, perhaps, $350 billion.  Like taking candy from a baby, that’s what happened.  And they’ve spent $100 billion.  What a difference that is.  And we have an ocean separating us, and they don’t. 
         But we’re getting along very well with them, and lots of good things are happening. 
         Biden has authorized more money in this fight than Europe has spent by billions and billions of dollars.  It’s hard to believe that they wouldn’t have stopped it and said, at some point, “Come on.  Let’s equalize.  You got to be equal to us.”  But that didn’t happen.
         Earlier today, I received an important letter from President Zelenskyy of Ukraine.  The letter reads, “Ukraine is ready to come to the negotiating table as soon as possible to bring lasting peace closer.”  “Nobody wants peace more than the Ukrainians,” he said.  (Applause.)  “My team and I stand ready to work under President Trump’s strong leadership to get a peace that lasts.  We do really value how much America has done to help Ukraine maintain its sovereignty and independence.  Regarding the agreement on minerals and security, Ukraine is ready to sign it at any time that is convenient for you.” 
         I appreciate that he sent this letter.  Just got it a little while ago.  
         Simultaneously, we’ve had serious discussions with Russia and have received strong signals that they are ready for peace.  Wouldn’t that be beautiful?  Wouldn’t that be beautiful?  (Applause.)  Wouldn’t that be beautiful?
         It’s time to stop this madness.  It’s time to halt the killing.  It’s time to end this senseless war.  If you want to end wars, you have to talk to both sides. 
         Nearly four years ago, amid rising tensions, a history teacher named Marc Fogel was detained in Russia and sentenced to 14 years in a penal colony.  Rough stuff. 
         The previous administration barely lifted a finger to help him.  They knew he was innocent, but they had no idea where to begin.  But last summer, I promised his 95-year-old mother, Malphine, that we would bring her boy safely back home.          After 22 days in office, I did just that, and they are here tonight.  (Applause.) 
         To Marc and his great mom, we are delighted to have you safe and sound and with us. 
         As fate would have it, Marc Fogel was born in a small, rural town — in Butler, Pennsylvania — have you heard of it? — where his mother has lived for the past 78 years.
         I just happened to go there last July 13th for a rally. That was not pleasant.  (Laughter.)  And that is where I met his beautiful mom, right before I walked onto that stage.  And I told her I would not forget what she said about her son.  And I never did, did I?  Never forgot.  
         Less than 10 minutes later, at that same rally, gunfire rang out, and a sick and deranged assassin unloaded eight bullets from his sniper’s perch into a crowd of many thousands of people.           My life was saved by a fraction of an inch, but some were not so lucky.  Corey Comperatore was a firefighter, a veteran, a Christian, a husband, a devoted father, and, above all, a protector. 
         When the sound of gunshots pierced the air — it was a horrible sound — Corey knew instantly what it was and what to do.  He threw himself on top of his wife and daughters and shielded them from the bullets with his own body.
         Corey was hit really hard.  You know the story from there.  He sacrificed his life to save theirs. 
         Two others — very fine people — were also seriously hit.  But thankfully, with the help of two great country doctors, we thought they were gone, and they were saved.  So, those doctors had great talent. 
         We’re joined by Corey’s wife, Helen, who was his high school sweetheart, and their two beloved daughters, Allyson and Kaylee.  Thank you.  (Applause.)
         To Helen, Allyson, and Kaylee, Corey is looking down on his three beautiful ladies right now, and he is cheering you on.  He loves you.  He is cheering you on. 
         Corey was taken from us much too soon, but his destiny was to leave us all with a shining example of the selfless devotion of a true American patriot.  It was love like Corey’s that built our country, and it’s love like Corey’s that is going to make our country more majestic than ever before.  
         I believe that my life was saved that day in Butler for a very good reason.  I was saved by God to make America great again.  I believe that.  (Applause.)  Thank you. 
         Thank you.  Thank you very much.  
         From the patriots of Lexington and Concord to the heroes of Gettysburg and Normandy, from the warriors who crossed the Delaware to the trailblazers who climbed the Rockies, and from the legends who soared at Kitty Hawk to the astronauts who touched the Moon, Americans have always been the people who defied all odds, transcended all dangers, made the most extraordinary sacrifices, and did whatever it took to defend our children, our country, and our freedom.
         And as we have seen in this chamber tonight, that same strength, faith, love, and spirit is still alive and thriving in the hearts of the American people.  Despite the best efforts of those who would try to censor us, silence us, break us, destroy us, Americans are today a proud, free, sovereign, and independent nation that will always be free, and we will fight for it till death. 
         We will never let anything happen to our beloved country, because we are a country of doers, dreamers, fighters, and survivors. 
         Our ancestors crossed a vast ocean, strode into the unknown wilderness, and carved their fortunes from the rock and soil of a perilous and very dangerous frontier.  They chased our destiny across a boundless continent.  They built the railroads, laid the highways, and graced the world with American marvels, like the Empire State Building, the mighty Hoover Dam, and the towering Golden Gate Bridge. 
         They lit the world with electricity, broke free of the force of gravity, fired up the engines of American industry, vanquished the communists, fascists, and Marxists all over the world, and gave us countless modern wonders sculpted out of iron, glass, and steel.  
         We stand on the shoulders of these pioneers who won and built the modern age, these workers who poured their sweat into the skylines of our cities, these warriors who shed their blood on fields of battle and gave everything they had for our rights and for our freedom.  
         Now it is our time to take up the righteous cause of American liberty, and it is our turn to take America’s destiny into our own hands and begin the most thrilling days in the history of our country. 
         This will be our greatest era.  
         With God’s help, over the next four years, we are going to lead this nation even higher, and we are going to forge the freest, most advanced, most dynamic, and most dominant civilization ever to exist on the face of this Earth. 
         We are going to create the highest quality of life, build the safest and wealthiest and healthiest and most vital communities anywhere in the world. 
         We are going to conquer the vast frontiers of science, and we are going to lead humanity into space and plant the American flag on the planet Mars and even far beyond.  (Applause.)
         And, through it all, we are going to rediscover the unstoppable power of the American spirit, and we are going to renew unlimited promise of the American dream. 
         Every single day, we will stand up and we will fight, fight, fight for the country our citizens believe in and for the country our people deserve.  (Applause.)  Thank you.  Thank you.
         AUDIENCE MEMBERS:  Fight!  Fight!  Fight!
         THE PRESIDENT:  My fellow Americans, get ready for an incredible future, because the golden age of America has only just begun.  It will be like nothing that has ever been seen before. 
         Thank you.  God bless you.  And God bless America.  (Applause.)
         Thank you.  Thank you, everybody.  Thank you.  Thank you very much.  Thank you very much.  Thank you. 
    Thank you very much.  Appreciate it.
    Thank you very much.
                                 END                11:00 P.M. EST

    MIL OSI USA News –

    March 7, 2025
  • MIL-Evening Report: Two polls predict a thumping victory for Labor in WA election, the first with a reformed upper house

    Source: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne

    The Western Australian state election will be held on Saturday, with polls closing at 9pm AEDT. A Newspoll, conducted February 27 to March 5 from a sample of 1,061, gave Labor a 57.5–42.5 lead, a 1.5-point gain for Labor since an early February WA Newspoll.

    Primary votes were 44% Labor (up two), 29% Liberals (down three), 5% Nationals (up two), 10% Greens (down two), 3% One Nation (down one) and 9% for all Others (up two).

    Labor Premier Roger Cook’s net approval was down one point to +17, with 55% satisfied and 38% dissatisfied. Liberal leader Libby Mettam’s net approval was up three to +1. Cook led as better premier by 53–34 (54–34 previously).

    The Poll Bludger reported Friday that a DemosAU poll for The West Australian, conducted March 4–5 from a sample of 1,126, gave Labor a 57–43 lead. Primary votes were 43% Labor, 30% Liberals, 5% Nationals, 11% Greens and 11% for all Others. Cook led as preferred premier over Mettam by 47–32. By 49–31, voters thought WA was headed in the right direction.

    At the March 2021 WA election, Labor won 53 of the 59 lower house seats on a two-party vote of 69.7–30.3, a record high for either major party at any state or federal election. Labor won 59.9% of the primary vote.

    Labor was never going to match the 2021 result at this election, but if the results on Saturday reflect the Newspoll and DemosAU polls, they will exceed their 2017 result, when Labor won 41 of the 59 seats on a two-party vote of 55.5–44.5.

    Upper house reforms

    Prior to this election, WA had six upper house regions that each returned six members. From the ABC’s 2021 WA election pages, there were three Perth regions and three non-metro regions. Perth had 75% of WA’s enrolled voters, but only 50% of upper house seats.

    Furthermore, the Mining & Pastoral region and Agricultural region had far fewer enrolled voters than the South West region. Combined, these two regions had just 10.1% of WA’s enrolled voters, but 33.3% of upper house seats.

    Labor’s huge 2021 win gave them a majority in the upper house for the first time in WA history, with 22 of the 36 seats. Labor used this opportunity to convert the upper house into a single statewide electorate that will return 37 members by proportional representation with optional voter-directed preferences.

    Under these reforms, a quota for election will be 1/38 of the vote or 2.63%. Parties that win about half the quota have a reasonable chance of winning a seat, so 1.3% could be enough to win. Labor also abolished group ticket voting (GTV), leaving Victoria as the only Australian jurisdiction that still uses this discredited system.

    The Poll Bludger reported on February 23 Liberal leader Libby Mettam has promised to try to revert back to the old very malapportioned system if the Liberals win the election, rejecting the principle of one vote, one value. The old system was biased towards the Liberal and National parties. Analyst Kevin Bonham has condemned the Liberals.

    ABC election analyst Antony Green said there will be 13 groups on the upper house ballot paper and a total of 146 candidates. To get a group box above the line, at least five candidates for that group were required. The number of candidates has been more than halved from 2021, when there were 325 upper house candidates. Group ticket voting encouraged a proliferation of micro parties and candidates.

    In the lower house, there will be a total of 398 candidates for the 59 seats, down from 463 in 2021. Labor, the Liberals and Greens will contest all seats, the Nationals will contest 20, the Australian Christians 54 and One Nation 41.

    Labor has huge lead in a SA state poll

    The next South Australian state election will be held in March 2026. A DemosAU poll, conducted February 18–23 from a sample of 1,004, gave Labor a 59–41 lead (54.6–45.4 to Labor at the March 2022 election). Primary votes were 43% Labor, 30% Liberals, 10% Greens and 17% for all Others.

    Labor incumbent Peter Malinauskas led the Liberals’ Vincent Tarzia as preferred premier by 51–23. By 53–33, voters thought SA was headed in the right direction.

    The Poll Bludger reported Monday electoral reforms have passed parliament that will allow postal and pre-poll votes to be counted on election night. At previous SA elections, only votes cast at ordinary election day booths were counted on election night, with other types of votes taking at least a few days to count.

    In the federal part of this poll, Labor led by 53–47 in SA (54.0–46.0 to Labor in SA at the 2022 federal election). Primary votes were 35% Coalition, 34% Labor, 11% Greens, 6% One Nation and 14% for all Others. Anthony Albanese led Peter Dutton as preferred prime minister by 39–33, and by 46–39 voters did not think Australia was headed in the right direction.

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

    – ref. Two polls predict a thumping victory for Labor in WA election, the first with a reformed upper house – https://theconversation.com/two-polls-predict-a-thumping-victory-for-labor-in-wa-election-the-first-with-a-reformed-upper-house-250264

    MIL OSI Analysis – EveningReport.nz –

    March 7, 2025
  • MIL-OSI United Nations: General Assembly Debates Russian Federation’s Security Council Veto of European Amendments Seeking ‘Just’ Peace in Ukraine Based on United Nations Charter

    Source: United Nations General Assembly and Security Council

    The General Assembly today addressed what many delegations decried as “misuse” of the Security Council veto by the Russian Federation on 24 February — the third anniversary of its aggression against Ukraine.

    On that day, Moscow vetoed two of the three European proposals seeking to align the United States-authored draft resolution with the Charter of the United Nations.  The two amendments — one inserting a reference to Ukraine’s sovereignty and territorial integrity and another adding a reference to a comprehensive, just and lasting peace in Ukraine in line with the UN Charter — garnered 9 and 11 votes in favour, respectively, but were not adopted due to the negative votes cast by the Russian Federation.  The other amendment seeking to insert a reference to Moscow’s “full-scale invasion” of Ukraine failed to obtain enough votes to pass.  In the end, the text tabled by the United States was adopted as resolution 2774 (2025) by a vote of 10 in favour to none against, with 5 abstentions (Denmark, France, Greece, Slovenia, United Kingdom), without any amendments.

    Opening today’s plenary, Philémon Yang (Cameroon), President of the General Assembly, expressed regret over another meeting pursuant to A/RES/76/262 following the casting of the veto by a permanent member of the Council — noting that the frequency of vetoes has continued to rise since 2022.  Affirming that Council and Assembly efforts must be complementary, he noted that, while the Veto initiative demonstrates improvement in the United Nations’ capacity to address matters of international security, “we could do more”.  Calling for the Assembly to reflect on how the outcomes of deliberations on the Veto initiative can be more binding.

    He recalled that, at the eleventh Emergency Special Session on 24 February, the Assembly adopted two resolutions:  “Advancing a Comprehensive, Just and Lasting Peace in Ukraine” and “The Path to Peace”, reaffirming its unwavering commitment to the sovereignty, independence, unity, and territorial integrity of Ukraine within its internationally recognized borders.

    In the ensuing debate, the Russian Federation’s representative recalled the Security Council meeting on 24 February and welcomed the adoption of the United States’ text “as a step in the right direction”.  The change of approach in Washington, D.C., following President Donald J. Trump’s inauguration, caught “European pseudo-peacekeepers off guard”.  Allies of the Kyiv regime have been consistently putting forward anti-Russian Federation draft resolutions with no bearing on reality.  Member States should not just choose Charter principles that are more to their taste, he said, as it is not a “restaurant menu”.  The Kyiv regimes’ non-compliance with the Charter caused the Ukraine conflict, he stated.

    However, Ukraine’s delegate stressed that the Russian Federation’s behaviour in the Council following its aggression against her country “is the most vivid example of how detrimental the misuse of the veto could be”.  The Russian Federation vetoed all draft resolutions that the Council attempted to adopt in response to its aggression against Ukraine since 2014. Amendments would have reaffirmed the commitment to Ukraine’s sovereignty, independence and territorial integrity, while the resolution lacks classification of the war as an act of aggression by one Member State against another.  Use of the veto should be restricted when a permanent member is directly involved in the conflict under consideration and therefore cannot be expected to exercise its voting rights and privileges in an impartial manner.  “Nobody wants peace more than Ukrainians, but peace must be real, not just a word,” she stressed.

    Throughout the debate, the Assembly heard a chorus of European voices condemning Russian Federation’s actions in the Council. “Let it be clear, Russia is abusing its veto power to block references to the principle of territorial integrity,” said a representative of the European Union, in its capacity as observer, also citing a second veto obstructing a call for a just, lasting and comprehensive peace in line with the UN Charter.  The Russian Federation has bombed Ukraine cities daily as part of its unprovoked and unjustified war of aggression.  “Russia is undermining the core principles of our multilateral system,” she stated, adding:  “We cannot accept an equivalence between the aggressor and the victim of aggression.”

    …

    MIL OSI United Nations News –

    March 7, 2025
  • MIL-OSI United Nations: With Yemen Poised for Renewed Conflict, Insufficient Aid and Environmental Crisis, Security Council Hears Political Process, Humanitarian Funding Urgently Needed

    Source: United Nations General Assembly and Security Council

    “Numbers in My Next Briefings Will Be Worse,” Says Emergency Relief Coordinator

    Fear of Yemen plunging back into widespread conflict is “palpable”, the United Nations’ top official in that country told the Security Council today, calling on the parties to refrain from military posturing and instead agree on a nationwide ceasefire.

    “I see and hear the deep frustration of the Yemeni people who continue to bear the heavy burden of a decade of war” and whose grinding hardship “only deepens”, said Hans Grundberg, Special Envoy of the Secretary-General for Yemen.  He added that gross domestic product (GDP) per capita has more than halved, the Yemeni rial in Government-controlled areas has fallen by 50 per cent in the last year and poverty has surged across the country.

    Even though large-scale ground operations have not resumed since the UN-mediated truce was implemented in April 2022, he reported that military activity continues.  On that, he voiced concern over recent reports of shelling, drone attacks, infiltration attempts and mobilization campaigns recently witnessed in Ma’rib, Al Jawf, Shabwa and Ta’iz.  Relatedly, he warned against a rise in rhetoric from the parties, who are pre-positioning themselves publicly for military confrontation.  Words, intent and signals matter, and “escalatory discourse can have real consequences”, he added.

    Stressing that his team remains “undeterred” amid enormous challenges, he highlighted its recent, relentless engagement with both Yemeni and international stakeholders.  To settle the conflict, the parties must agree on a nationwide ceasefire and a mechanism to implement it.  Furthermore, he underlined the need for a political process that includes “a broad spectrum of Yemenis that will allow this conflict to settle once and for all”.

    While welcoming the continued cessation of attacks by Ansar Allah on vessels in the Red Sea and targets in Israel during the last month, he emphasized that “enabling environments for peace can be fragile and fleeting” and “positive developments must be put on a more-permanent footing”.  Reiterating his determination to convene the parties at any opportunity to end this decade-long conflict, he stated:  “We owe it to the millions of Yemenis not to waver or falter in our determination on this.”

    “I am not here to defend programmes, spreadsheets and institutions, but people,” said Tom Fletcher, Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator.  Severe funding cuts are a “body blow”, he stressed.  Humanitarian coordinators are analysing where to make dramatic cuts, as well as “the implications of the tough choices we are making on which lives not to save”, he added.  On the United States’ designation of the Houthis as a foreign terrorist organization, he said that it is vital to ensure civilians in Yemen have access to essential food and medicine — whether through commercial or humanitarian channels.

    Continuing, he observed that 9.6 million women and girls in Yemen are in severe need of life-saving humanitarian assistance, while 1.5 million girls remain out of school — preventing them from breaking cycles of discrimination.  “As your funding for Yemen evaporates, the numbers in my next briefings will be worse,” he warned, adding that more women will die and more will be forced into survival sex, begging, coerced prostitution, human trafficking and selling their children.  And yet, he noted, women remain on the frontlines of survival and recovery — 40 per cent of the Yemen Humanitarian Fund goes to women-led organizations, most of which are local.

    Also briefing the Council today was Nesmah M. Ali, civil-society representative from the Peace Track Initiative, who said that Yemen’s myriad crises have weakened State institutions, collapsed social protection systems and created multidimensional insecurities.  Recalling that she was forced to leave her hometown in 2020, she stated:  “I am a migrant of conflict and climate change.”  The war has devastated Yemen’s environment, she said, adding that attacks on oil refineries and ports, landmines in fields and coastal areas and destruction of power stations and water systems have left that country in ruins.

    And climate change is deepening Yemen’s crisis, she stressed, as floods displace landmines, complicate demining actions and exacerbate pre-war intertribal conflicts over scarce resources.  While women are disproportionately affected by climate change and more vulnerable to natural disasters, their stories of determination — “amid vanishing fish, ruined crops and deferred dreams” — highlight their unwavering strength, and she urged the Council to prioritize the impact of climate change and conflict on gender equality.

    Council Members Condemn Detentions

    In the ensuing discussion, many Council members condemned the ongoing detention by the Houthis — officially known as Ansar Allah — of UN personnel and the tragic death of a World Food Programme (WFP) staff member in their captivity.

    Among them was Panama’s delegate, who called for the immediate and unconditional release of all humanitarian and diplomatic personnel, as well as respect for their fundamental human rights.  The representative of France urged the Houthis to end all threats and disinformation campaigns against humanitarian actors.  Picking up that thread, the United Kingdom’s delegate expressed support for the UN’s decision to pause humanitarian operations in Saada, describing this pause as “a direct consequence” of the Houthi threat undermining the security and safety of aid workers.

    United States Designates Houthis as Terrorist Organization, Others Urge Dialogue

    The representative of the United States said that her country is taking concrete steps to eliminate the Houthis’ capabilities by designating them as a foreign terrorist organization and using targeted sanctions to deprive them of illicit revenues.  “Our sanctions seek to preserve space for legitimate activities that support Yemenis living in Houthi-controlled territory who bear no responsibility for the Houthis’ malign actions,” she stressed.  Washington, D.C., will also take steps to stop Iran’s support for Houthi terrorism, and she added:  “We will take action against the Houthis should they resume their reckless attacks in the Red Sea and surrounding waterways and on Israel.”

    However, her counterpart from the Russian Federation called on the United States Government to reconsider its decision to designate Ansar Allah as a terrorist organization, stressing that “openly antagonising one of the key sides to the conflict will do no good”.  The voices of all political forces must be considered, and the ineffective logic of maximum pressure abandoned, he stressed, drawing attention to Moscow’s proposal to create a framework for collective security in the Persian Gulf.

    Pakistan’s delegate also emphasized the critical role of dialogue, highlighting regional initiatives led by Saudi Arabia and Oman.  He also noted that there have been no new attacks on commercial shipping since the onset of the ceasefire in Gaza.  “While we unequivocally condemn such attacks,” he added that it is crucial to acknowledge that “the absence of the attacks coincides with the maintenance of the ceasefire in Gaza”. 

    While also welcoming the pause in attacks in the Red Sea and on Israel, the representative of the Republic of Korea voiced concern over the Houthis’ “repeatedly declared” readiness to resume such attacks if the hard-won ceasefire and hostage deal in Gaza breaks down.  “This is simply unacceptable,” he asserted.

    Speakers Underline Nexus between Conflict and Environment

    On the fragile situation on the ground, the speaker for Greece said that “the risk of military escalation has not eclipsed”.  As a historic seafaring nation, Greece supports the freedom of navigation and is committed to safeguarding maritime security in the region.  Highlighting the interconnectedness of climate, peace and security, he said that the FSO Safer and the Greek-flagged MV Sounion cases demonstrated the conflict’s environmental and humanitarian consequences.

    The convergence of prolonged conflict, environmental degradation and climate change has created a perfect storm of crises in Yemen, echoed Denmark’s delegate, Council President for March, speaking in her national capacity.  As the world’s third-most vulnerable country to climate change, Yemen is highly affected by climate-induced disasters, she observed, urging the Council to ensure that climate considerations are integrated into peacebuilding strategies, local mediation efforts and a future peace settlement process.

    Also highlighting the impact of climate change and conflict on food and water insecurity, the representative of Slovenia — whose country is a founding member of the Global Alliance to Spare Water from Armed Conflicts — called for the protection and development of water resources and infrastructure in Yemen.  “We strongly believe that water issues can be an entry point for grassroots dialogue and mutual understanding between parties, as well as empowering women,” he added. 

    Painting a grim picture of the dire humanitarian situation in Yemen, Sierra Leone’s delegate — who also spoke for Algeria, Guyana and Somalia — called for increased support for the 2025 Humanitarian Response Plan. “Despite shrinking aid budgets, we recognize the tireless efforts of humanitarian organizations and their personnel to meet the urgent needs of the Yemeni people,” he said.  China’s representative also urged States to increase humanitarian assistance and prioritize food security, emphasizing that “a political solution is a fundamental way out of the Yemeni issue”.

    Yemen’s Speaker Urges Aid Organizations Relocate to Aden

    As the conflict enters its eleventh year, the Yemeni people aspire to peace, said that country’s representative. However, these aspirations could not materialize due to the destructive approach of Iran-backed Houthi militias who rejected all efforts to that end, he said, welcoming the United States’ designation of the Houthis as a terrorist organization.  He underscored the importance of strategic partnerships to support the Government’s efforts to end the coup, restore State institutions and extend State authority over all Yemeni soil. 

    He further stressed that, despite the economic, humanitarian, social and institutional challenges caused by the war, the Government is making “tremendous efforts” to address currency depreciation and unemployment.  Condemning the ongoing detention of international personnel, he cautioned that the militias “will not stop their blackmailing of the international community”.  Accordingly, he urged the UN and other international organizations to transfer their headquarters to Aden, the temporary capital.

    MIL OSI United Nations News –

    March 7, 2025
  • MIL-OSI Australia: Interview with FIVEAA Breakfast with David Penberthy and Will Goodings

    Source: Australian Government – Minister of Foreign Affairs

    Sonya Feldhoff, Host: This is a breakfast that is the biggest breakfast not only in South Australia. So, let’s get this right, this is all over the country and for the 23rd year running, it is hosted by Senator Penny Wong, who joins us now. Senator, thank you for your time.

    Penny Wong, Foreign Minister: Good morning to everybody. Happy, well, it’s not quite IWD because we hold this breakfast the closest day to, but happy almost International Women’s Day.

    Feldhoff: Now, this is your 23rd year as host, but I want to take a moment because this breakfast wouldn’t be without the person who founded it and led it for the first, what, 10 or 11 years? Senator Rosemary Crowley.

    Foreign Minister: Yes that’s right, who passed away just recently. And look, on International Women’s Day and at this breakfast, you’ve heard me talk about the importance of remembering and honouring women who’ve gone before and who’ve paved the way, as well as thinking about what more we have to do. And it’s really important for us to honour Rose today. I mean, she was the first woman the Labor Party sent to Canberra, elected in the early 80s, which seems remarkable that it took that long. First woman to be a Minister from South Australia in the Federal Parliament. And one of the things she did, as you said Sonya, was establish this breakfast. And I remember I was actually on her breakfast committee before I went into Parliament, helping organise it. It was smaller then and it’s grown year on year and it was something Rosemary was so committed to. So, it’s really wonderful to be able to honour her today.

    Feldhoff: And we talk about those important things that she did. But having sat next to her on several occasions, she had a fiery, fire in her belly. She had a sense of humour. She was an amazingly fun woman to be around.

    Foreign Minister: She really was. She had a great sense of humour, very witty, sometimes quite bawdy. I remember.

    Jules Schiller, Host: Bawdy.

    Foreign Minister: Bawdy, yes.

    Feldhoff: She was.

    Foreign Minister: I’d say Rose, Rose, I can’t say that.

    Feldhoff: She was an amazing woman. So, we remember her today and I think that she’ll be in the minds of many people today.

    Foreign Minister: Absolutely.

    Schiller: Let’s get to your portfolio, Penny.

    Foreign Minister: Can’t we just talk about this? This is much more, this is much more relaxed.

    Schiller: Well, I’ll hit you with a quote because I think this is a good quote to sum up what’s happened. Vladimir Lenin said ‘there are decades where nothing happens and there are weeks when decades happen.’ Does that sum up what’s happened this week with some momentous kind of tectonic plate shifting with alliances and, you know, support for Ukraine and not support for Ukraine? How are you handling everything?

    Foreign Minister: Okay, well, first, I don’t think the Australian Foreign Minister should be quoting Lenin. So, I’m just going to leave that with you. But you’re right, I mean, I think tectonic is probably the, you know, the phrase that people have been using which is, you know, this is a very different time. I’ve said for some time President Trump and the Trump administration have said they were going to do things differently. So, we ought not be surprised about that. And what’s important is that we remain cool headed and disciplined, work together and navigate what is a very changing world, in Australia’s national interests. And that’s certainly how I will approach it and how the Prime Minister is approaching it.

    Feldhoff: Is your job as Foreign Minister more difficult today than it was a week ago? Given what we’ve seen in the last week.

    Foreign Minister: I probably measure it in slightly longer terms. Before the election I did think a lot about what sort of world we were in and I talked about the fact that how many changes, how much there was moving in the international landscape and certainly since the election I think we’ve continued to see that. And it’s very important that one, to remain cool headed and calm and to work as we are to try and maximise Australia’s relationships, to elevate our presence in the region and to work with others across the world in support of those international rules which matter to us. I talk about relationships, rules and region, and that’s really defined what we have done this term and what I’ve done as your Foreign Minister.

    Schiller: We had Chinese warships obviously doing live fire exercises and that was big news. You know, Virgin flight kind of reported it and that was all. Have you been speaking to your Chinese counterparts about how that unfolded and maybe you’d like to see it happen differently next time?

    Foreign Minister: Oh, absolutely. I mean, I spoke to the Prime Minister when that happened and I was actually in South Africa for the G20 and had a bilateral meeting with Foreign Minister Wang Yi scheduled and we agreed that I would speak very directly and clearly to the Chinese about our views. Obviously, we also operate in international waters. Australia does, and we support the international laws which enable countries to operate in those waters, which are international waters. So, not Australia’s territorial waters. But when we do so, and if we engage in these sorts of exercises, we do give much more notice. You do issue what’s called a notice to airmen – still men, I’m afraid, Sonya – which is to ensure that all aircraft and vessels in the area are aware. But we also give earlier notice. And what I said very clearly to the Foreign Minister of China is that our expectation is that notice such as Australia would give in the South China Sea or elsewhere where we operate would be what we would expect.

    Feldhoff: You’re listening to 891 ABC Radio Adelaide. Sonya and Jules here with you for breakfast, broadcasting here from the Convention Centre which will host the International Women’s Day Breakfast, the biggest one in the country.

    Foreign Minister: I’m just going to tell your listeners that this is, we are sitting at a desk, being very good and talking to each other as these massive number of women and some men walk in and lots of school kids, I can see, who got up early. So, it’s pretty busy.

    Feldhoff: This is the thing, isn’t it? We’ve got a whole heap of school kids here and when we take it, look at the message for girls and women. But people generally, you know, I think a lot of us would have felt unsettled with the talk of nuclear weapons from Emmanuel Macron yesterday. As you talk to these women and men who will be in the room today, do you have a sense of optimism? Because I think there would be a lot of people at the moment for whom that would be far away.

    Foreign Minister: Well, first, just on the number of young women, that’s one of the things I have really sought to do as host, and that is to increase the number of schools that attend. And we’ve been really pleased at how that’s been taken up, because I think part of what matters today is that mix across generations and that you get women who’ve done a lot and been around a lot and have seen a lot engaging with girls, school kids who are at the beginning of their adult life and having that discussion. Optimism, I suppose. I think that we have agency so we have the capacity to do what we can do and we should do that. So, we should be talking about de-escalation, we should be talking about engagement and dialogue, because we know that to avert, to keep peace, you need both deterrence, but you also need reassurance and you need to engage as an international player in a way that provides both deterrence and reassurance. That’s how you ensure stability and peace. So, I suppose I think of it much more as what can we do? And we should focus on maximising what we can do rather than wringing our hands about what others are doing.

    Schiller: I know you have to go, Penny, but just message to women listening. I mean, I was thinking of younger women, especially because they’re facing – you’ve got Andrew Tate, they’ve got revenge porn, you know, all this, all these threats to, kind of things to overcome for them. Like, I guess women of your generation were. So, what’s your message to women on this day?

    Foreign Minister: Well, can I message both men and women? First I would say what I said about marriage equality. There’s nothing to fear from equality. Equality is about all of us having an opportunity and the world is a better place where we all have an opportunity. And what I’d say to young women is what I always say, is that women can do anything.

    Feldhoff: On that note, we’ll make sure you get to where you need to be to make sure you can do anything. Senator Penny Wong, who will be hosting this breakfast for the 23rd time consecutively. Thank you so much.

    Foreign Minister: Thank you. And can I just plug for the ABC? Know that they didn’t ask me to do this. Thank you so much for your support for this over so many years. It’s part of the, you know, what Adelaide does and we really appreciate the ABC support.

    Schiller: Thank you, Penny.

    MIL OSI News –

    March 7, 2025
  • MIL-OSI Australia: Interview with ABC Adelaide Breakfast with Sonya Feldhoff and Jules Schiller

    Source: Australian Government – Minister of Foreign Affairs

    Sonya Feldhoff, Host: This is a breakfast that is the biggest breakfast not only in South Australia. So, let’s get this right, this is all over the country and for the 23rd year running, it is hosted by Senator Penny Wong, who joins us now. Senator, thank you for your time.

    Penny Wong, Foreign Minister: Good morning to everybody. Happy, well, it’s not quite IWD because we hold this breakfast the closest day to, but happy almost International Women’s Day.

    Feldhoff: Now, this is your 23rd year as host, but I want to take a moment because this breakfast wouldn’t be without the person who founded it and led it for the first, what, 10 or 11 years? Senator Rosemary Crowley.

    Foreign Minister: Yes that’s right, who passed away just recently. And look, on International Women’s Day and at this breakfast, you’ve heard me talk about the importance of remembering and honouring women who’ve gone before and who’ve paved the way, as well as thinking about what more we have to do. And it’s really important for us to honour Rose today. I mean, she was the first woman the Labor Party sent to Canberra, elected in the early 80s, which seems remarkable that it took that long. First woman to be a Minister from South Australia in the Federal Parliament. And one of the things she did, as you said Sonya, was establish this breakfast. And I remember I was actually on her breakfast committee before I went into Parliament, helping organise it. It was smaller then and it’s grown year on year and it was something Rosemary was so committed to. So, it’s really wonderful to be able to honour her today.

    Feldhoff: And we talk about those important things that she did. But having sat next to her on several occasions, she had a fiery, fire in her belly. She had a sense of humour. She was an amazingly fun woman to be around.

    Foreign Minister: She really was. She had a great sense of humour, very witty, sometimes quite bawdy. I remember.

    Jules Schiller, Host: Bawdy.

    Foreign Minister: Bawdy, yes.

    Feldhoff: She was.

    Foreign Minister: I’d say Rose, Rose, I can’t say that.

    Feldhoff: She was an amazing woman. So, we remember her today and I think that she’ll be in the minds of many people today.

    Foreign Minister: Absolutely.

    Schiller: Let’s get to your portfolio, Penny.

    Foreign Minister: Can’t we just talk about this? This is much more, this is much more relaxed.

    Schiller: Well, I’ll hit you with a quote because I think this is a good quote to sum up what’s happened. Vladimir Lenin said ‘there are decades where nothing happens and there are weeks when decades happen.’ Does that sum up what’s happened this week with some momentous kind of tectonic plate shifting with alliances and, you know, support for Ukraine and not support for Ukraine? How are you handling everything?

    Foreign Minister: Okay, well, first, I don’t think the Australian Foreign Minister should be quoting Lenin. So, I’m just going to leave that with you. But you’re right, I mean, I think tectonic is probably the, you know, the phrase that people have been using which is, you know, this is a very different time. I’ve said for some time President Trump and the Trump administration have said they were going to do things differently. So, we ought not be surprised about that. And what’s important is that we remain cool headed and disciplined, work together and navigate what is a very changing world, in Australia’s national interests. And that’s certainly how I will approach it and how the Prime Minister is approaching it.

    Feldhoff: Is your job as Foreign Minister more difficult today than it was a week ago? Given what we’ve seen in the last week.

    Foreign Minister: I probably measure it in slightly longer terms. Before the election I did think a lot about what sort of world we were in and I talked about the fact that how many changes, how much there was moving in the international landscape and certainly since the election I think we’ve continued to see that. And it’s very important that one, to remain cool headed and calm and to work as we are to try and maximise Australia’s relationships, to elevate our presence in the region and to work with others across the world in support of those international rules which matter to us. I talk about relationships, rules and region, and that’s really defined what we have done this term and what I’ve done as your Foreign Minister.

    Schiller: We had Chinese warships obviously doing live fire exercises and that was big news. You know, Virgin flight kind of reported it and that was all. Have you been speaking to your Chinese counterparts about how that unfolded and maybe you’d like to see it happen differently next time?

    Foreign Minister: Oh, absolutely. I mean, I spoke to the Prime Minister when that happened and I was actually in South Africa for the G20 and had a bilateral meeting with Foreign Minister Wang Yi scheduled and we agreed that I would speak very directly and clearly to the Chinese about our views. Obviously, we also operate in international waters. Australia does, and we support the international laws which enable countries to operate in those waters, which are international waters. So, not Australia’s territorial waters. But when we do so, and if we engage in these sorts of exercises, we do give much more notice. You do issue what’s called a notice to airmen – still men, I’m afraid, Sonya – which is to ensure that all aircraft and vessels in the area are aware. But we also give earlier notice. And what I said very clearly to the Foreign Minister of China is that our expectation is that notice such as Australia would give in the South China Sea or elsewhere where we operate would be what we would expect.

    Feldhoff: You’re listening to 891 ABC Radio Adelaide. Sonya and Jules here with you for breakfast, broadcasting here from the Convention Centre which will host the International Women’s Day Breakfast, the biggest one in the country.

    Foreign Minister: I’m just going to tell your listeners that this is, we are sitting at a desk, being very good and talking to each other as these massive number of women and some men walk in and lots of school kids, I can see, who got up early. So, it’s pretty busy.

    Feldhoff: This is the thing, isn’t it? We’ve got a whole heap of school kids here and when we take it, look at the message for girls and women. But people generally, you know, I think a lot of us would have felt unsettled with the talk of nuclear weapons from Emmanuel Macron yesterday. As you talk to these women and men who will be in the room today, do you have a sense of optimism? Because I think there would be a lot of people at the moment for whom that would be far away.

    Foreign Minister: Well, first, just on the number of young women, that’s one of the things I have really sought to do as host, and that is to increase the number of schools that attend. And we’ve been really pleased at how that’s been taken up, because I think part of what matters today is that mix across generations and that you get women who’ve done a lot and been around a lot and have seen a lot engaging with girls, school kids who are at the beginning of their adult life and having that discussion. Optimism, I suppose. I think that we have agency so we have the capacity to do what we can do and we should do that. So, we should be talking about de-escalation, we should be talking about engagement and dialogue, because we know that to avert, to keep peace, you need both deterrence, but you also need reassurance and you need to engage as an international player in a way that provides both deterrence and reassurance. That’s how you ensure stability and peace. So, I suppose I think of it much more as what can we do? And we should focus on maximising what we can do rather than wringing our hands about what others are doing.

    Schiller: I know you have to go, Penny, but just message to women listening. I mean, I was thinking of younger women, especially because they’re facing – you’ve got Andrew Tate, they’ve got revenge porn, you know, all this, all these threats to, kind of things to overcome for them. Like, I guess women of your generation were. So, what’s your message to women on this day?

    Foreign Minister: Well, can I message both men and women? First I would say what I said about marriage equality. There’s nothing to fear from equality. Equality is about all of us having an opportunity and the world is a better place where we all have an opportunity. And what I’d say to young women is what I always say, is that women can do anything.

    Feldhoff: On that note, we’ll make sure you get to where you need to be to make sure you can do anything. Senator Penny Wong, who will be hosting this breakfast for the 23rd time consecutively. Thank you so much.

    Foreign Minister: Thank you. And can I just plug for the ABC? Know that they didn’t ask me to do this. Thank you so much for your support for this over so many years. It’s part of the, you know, what Adelaide does and we really appreciate the ABC support.

    Schiller: Thank you, Penny.

    MIL OSI News –

    March 7, 2025
  • MIL-OSI USA: MEDIA ADVISORY: House Foreign Affairs Subcommittee on Africa Hearing

    Source: US House Committee on Foreign Affairs

    Media Contact 202-226-8467

    WASHINGTON, D.C. – The House Foreign Affairs Subcommittee on Africa will hold a public hearing titled, “Conflict and Persecution in Nigeria: The Case for a CPC Designation” on Wednesday, March 12, 2025.

     

    What: House Foreign Affairs Subcommittee on Africa Hearing

    Date: Wednesday, March 12, 2025

    Time: 9:00 a.m. ET

    Location: 2200 Rayburn

    Subject: Conflict and Persecution in Nigeria: The Case for a CPC Designation 

    Witnesses:

     

    Ms. Nina Shea

    Senior Fellow and Director

    Center for Religious Freedom

    Hudson Institute

    Mr. Tony Perkins

    Former Chair

    U.S. Commission on International Religious Freedom

    Bishop Wilfred Anagbe

    Bishop of Makurdi Diocese, Nigeria

    Roman Catholic Church

    Ms. Oge Onubogu

    Director, Africa Program

    The Wilson Center

    ***Check here for updates. The hearing will be webcast live here and open to the public and press. Members of the media who would like to attend in-person should RSVP with Joe Clark at joseph.clark@mail.house.gov by 5 p.m. Tuesday, March 11, 2025. ***

    MIL OSI USA News –

    March 7, 2025
  • MIL-OSI Global: #BringBackOurGirls: Hashtags alone will not safeguard women’s lives and rights

    Source: The Conversation – Canada – By Tegan Zimmerman, Chair, Alexa McDonough Institute, Mount Saint Vincent University

    It has been a little over a decade since 270 female students were kidnapped from a school in Chibok, Nigeria by the extremist armed group Boko Haram. While, many of the girls escaped, were rescued or were released in exchanges, many others remain missing or feared dead.

    Around 90 of the girls have not been brought back and more than 30 parents have died while hoping for their children’s return. Since the Chibok abduction, more than 1,680 schoolchildren have been kidnapped in Nigeria.

    The mass kidnapping shocked many around the world, and spurred efforts to raise awareness with the hashtag #BringBackOurGirls coming to symbolize public outrage.

    Women’s activism in recent decades has relied on and taken up digital technology in varied and complex ways. With an ability to reach millions across the world in a short time span, social media has arguably provided an unprecedented means for solidarity and activism.

    However, the hashtag exemplifies the less often-recognized risks and detriments of relying on social media to promote and attain gender equity and social justice. The theme of this year’s International Women’s Day, #AccelerateAction, provides an opportunity to look back on #BringBackOurGirls and question the efficacy of using social media to achieve gender parity.

    Mobilizing #BringBackOurGirls

    Women have often found ways of mobilizing even when political space is restricted. In Africa, for example, the history of colonialism has shaped the postcolonial political landscape and incontrovertibly influenced how social justice movements are organized.

    Despite obstacles and challenges, particularly from governments, women in Africa have organized in significant ways to fight for their rights, including playing crucial roles in the struggles for economic and political independence across the continent.

    While some movements are formally organized, others, like #BringBackOurGirls, have been issue-based. As sociology professor Temitope Oriola writes, they “reflect the role contemporary, women-led social movements in Africa play in reshaping institutional and non-institutional actions, beliefs and practices.”

    The 2014 #BringBackOurGirls campaign in Nigeria brought together people from diverse backgrounds to demand action against Boko Haram.

    Nigerian lawyer Ibrahim Abdullahi was the first to use #BringBackOurGirls on April 23, 2014 after hearing a speech by former Nigerian Education Minister Obiageli Ezekwesili. The hashtag caught the eye of Def Jam Recordings co-founder, Russell Simmons.

    Simmons tweeted “234 Nigerian girls have gone missing, and no one is talking about it … Please RT! #BringBackOurGirls.” As a result, efforts in response to the kidnapping quickly went global, garnering support from the likes of Barack and Michelle Obama, Oprah Winfrey and former Nigerian president Goodluck Jonathan.

    This transnational movement was anchored in a notion of freedom from injustice, particularly amid gender-based violence, human rights violations and systemic government failure. The movement was also informed by shared lived experiences and the use of digital media, which inspired international solidarity

    However, the #BringBackOurGirls movement raised several issues around identity, particularly in terms of western saviourism. As literary theorist and feminist critic Gayatri Chakravorty Spivak writes in her oft-quoted phrase: “White men are saving brown women from brown men.”

    Race and gender were especially important identity markers for some in the West lending their support to the cause. In addition, the role of Islamophobia as another factor cannot be discounted.

    The limits of hashtag feminism

    There is of course immense value when activists across the world join forces to combat injustice, but we cannot ignore the tendency of some in the Global North to portray women in the Global South as permanent victims. As migration researcher Heaven Crawley puts it:

    “Women from the Global South are typically understood and represented through a neo-imperial frame as disempowered, helpless ‘victims’ or as ‘Exotic Others’ who need to be rescued from their ‘backward’ cultures.”

    Examining the hashtag #BringBackOurGirls (emphasis ours) brings the complexity and contradictions of online social justice activism to the forefront.

    On the one hand, it unequivocally brought a sense of urgency in returning the girls to their families. It also brought worldwide attention to a terrorist organization that operates across borders (in Chad, Cameroon, Niger and Nigeria) and threatens the stability and sovereignty of several nations, not to mention the African continent.

    On the other hand, there is an unacknowledged history of colonial ownership over women’s bodies, which supports a logic of complicity with the image of women in the Global South needing saving. Similarly, the stereotype that Black and Muslim men commit violence against women is reinforced.

    Accelerating change for women

    The #BringBackOurGirls movement was successful in calling on the Nigerian government to take action, and in garnering attention globally. However, the momentum faded overtime.

    Legal scholar Catharine MacKinnon’s book chapter on #MeToo offers a more optimistic view of the efficacy of hashtag feminism.

    However, we argue that social media, which functions on algorithms and user engagement (likes, views, purchases, for example), cannot do what legal and policy change can do — bring about real, meaningful socioeconomic and political improvements for women.

    Even when supporting a wide range of people and communities, social justice campaigns cannot overcome the exploitative and capitalist (not to mention white male ownership) underpinnings of social media. Movements like #BringBackOurGirls are vulnerable to losing audience interest, and while at their peak, can be co-opted by corporations to boost revenues.

    The simplicity and superficiality of hashtags neither readily lend themselves to feminist causes nor were they designed to be feminist tools. According to the International Women’s Day official website, “it will take until 2158…to reach full gender parity.” Such parity will not come about through hashtags, whether its #BringBackOurGirls, #MeToo or even #AccelerateAction.

    Social change is possible, however, by building solidarity through active grassroots organizing, community outreach, protesting against unfair policies and systems, and sharing knowledge that crosses borders and cultures.

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

    – ref. #BringBackOurGirls: Hashtags alone will not safeguard women’s lives and rights – https://theconversation.com/bringbackourgirls-hashtags-alone-will-not-safeguard-womens-lives-and-rights-250601

    MIL OSI – Global Reports –

    March 7, 2025
  • MIL-OSI Economics: Transcript of COM Regular Press Briefing, March 6, 2025

    Source: International Monetary Fund

    March 6, 2025

    SPEAKER:  Ms. Julie Kozack, Director of the Communications Department, IMF

     *  *  *  *  *

    MS. KOZACK: Good morning, everyone, and welcome to this IMF press briefing. It is very good to see you all, both those of you who are here in person and, of course, our colleagues online as well.

    I am Julie Kozak, Director of the Communications Department. As usual, this briefing is embargoed until 11 a.m. Eastern Time in the U.S. I will start with a short announcement and then take your questions in person on Webex and via the Press Center. 

    The 2025 Spring Meetings of the IMF and World Bank Group will take place from Monday, April 21 through Saturday, April 26. Press registration to attend the spring meetings in person in Washington D.C. is now open and you can register through www.IMFconnect.org. 

    And with that, I will now open the floor for your questions. For those connecting virtually, please turn on both your camera and microphone when speaking. And with that, over to you. 

    QUESTIONER: If the Congress does not approve the future agreement, as it is established by the local law, does the IMF give the money to Argentina? 

    MS. KOZACK: Okay, so that is a question on Argentina. Any other questions on Argentina? I do not see any hands up in the room. Let us go online. QUESTIONER: Do you think we are already in the final stage? And what remains to announce the Staff Agreement with the IMF?

    QUESTIONER: Good morning. I was wondering about also there have been versions of a new loan up to $20 billion and the first deployment of $8 billion this year. Can you confirm that, or can you give us an insight into the fresh funds that could be coming in the new agreement? And also, when can we expect a signing of the letter of intent? 

    QUESTIONER: So, my question is about the Congress. President Milei confirmed that the staff-level agreement must be approved by the Parliament as indicated by the Argentine law. So, is that also a requirement from the IMF itself or could the President sign a decree avoiding the current law that requires the staff-level agreement to be approved by Parliament. 

    QUESTIONER: I want to ask about the scope of the potential agreement with Argentina. There are reports out saying it could be as high, or there is an expectation it could be as high as $20 billion.

    QUESTIONER: I think a few people have already asked, but when [do] you expect to reach a staff-level agreement, whether, as the Argentine government has said, it is only the final numbers that need to be agreed and not other technical aspects? And whether the IMF requires that the entirety of the SLA be reviewed by Congress for approval or if whether a general outline produced by the government will be enough? 

    MS. KOZACK: Okay, very good. So, with that, let me go ahead and talk about Argentina. So, first, I just want to start by saying, as I think many of you know, both the Managing Director and the First Deputy Managing Director recently met with the Argentine authorities. And as they recently emphasized, we are continuing to make good progress toward a program, and we are working constructively with the Argentine authorities in this regard. The authorities’ stabilization and growth plan is delivering significant results.

    It has made notable strides in reducing inflation, stabilizing the economy, and fostering a return to growth in the country, and poverty is finally beginning to decline in Argentina. To sustain these early gains, there is a shared understanding about the need to continue to adopt a consistent set of fiscal, monetary and exchange rate policies, while very importantly, advancing growth enhancing reforms. And the new program would build on the progress achieved so far while also addressing Argentina’s remaining challenges. 

    Now, with respect to some of the questions regarding Congressional approval, we do take note of President Milei’s commitment to seek congressional support for a new IMF supported program. As we have often said in the past, strong ownership and broad support are key to the program’s success, 

    Here, I want to emphasize, though, that securing congressional support is a decision of the authorities as legislated in Argentine domestic law. And at the same time, of course, as I just noted, broad political and social support can enhance program implementation. Questions regarding the specific process on achieving or seeking congressional support should be addressed really to the Argentine authorities because it is a matter of domestic law. 

    From our side, as I noted, the negotiations are continuing in a constructive manner. In terms of the process from the IMF side. Once the negotiations are completed, as with any IMF program or proposed program, the final arrangement, the documents, will require approval of the IMF’s Executive Board. And we will provide further updates as we have them. 

    With respect to some of the questions about the details of the negotiations, the potential size of the program. All I can say right now is this is still under discussion as part of the ongoing and constructive dialogue that we are having with the authorities. And we will provide an update when we have more information that we can share with you. 

    QUESTIONER: On Lebanon, so following recent reports that the Lebanese government is in discussions with IMF over a potential deal on its financial default in public debt. I just want to see if the IMF can confirm these reports. If so, what does it look like? Are there any contingencies to this? And will there be an IMF mission visiting Lebanon? Thank you. 

    MS. KOZACK: So, what I can share on Lebanon is that an IMF team will visit Lebanon very soon, March 10th to 14th. This mission is aimed at, of course, meeting the new authorities, discussing Lebanon’s recent economic developments, its reconstruction needs, and the authorities’ economic priorities in the near-term. This is a fact-finding mission that will take place. But beyond this fact-finding mission, as we look ahead, future next steps could include helping the authorities to formulate a comprehensive economic reform program.

    Our staff continues to be closely engaged with the authorities. We are providing policy advice and capacity development to help the authorities’ efforts to rebuild Lebanon’s economy and institutions in coordination with other international partners. And that is what I have for now on Lebanon. 

    QUESTIONER: I wanted to ask you about what is happening in the United States. The trade wars have begun, and we are seeing some impact already, both in terms of market reaction and a lot of volatility in the markets, ups, and downs. We are also seeing some interesting developments in terms of bond markets and yields; it is going to increase the cost of borrowing. So, I wanted to ask you if you, at this point, I know we’ve asked this question before, but I wonder if you’ve got an additional assessment, as we’re now seeing some of these policies that had been promised taking effect, and whether you can say now whether you’re expecting an impact on the global economy and also on the U.S. economy and the affected economies that have been targeted thus far — China, Canada, Mexico. 

    QUESTIONER: As a follow up to [that] question, does the IMF consider that the ongoing developments of the U.S. tariffs and trade wars would push other nations to seek more trade relations and more alliances with other economic organizations and trade organizations such as BRICS, for example, or others? And broadly speaking, what is the IMF assessment of the global fragmentation that is going on right now? Do you see that it is slowing down or opposite it is moving faster, taking into account the latest developments in the United States?

    QUESTIONER: I would like to focus on the development of 10 years of U.S. bond yield movement. The 10-year bond yield now decreased, dropping substantially. And what does it mean? What is the implication of the movement? Does it represent some U.S. recession or U.S. economy? 

    QUESTIONER: With the tariffs actually now in place, has the IMF undertook a study to determine the potential impact on small island states that are heavily dependent on flows and goods and commodities coming out of the United States, more specifically, those countries within the Caribbean region who are very much dependent and could face significant inflationary pressures based on these tariffs?

    MS. KOZACK: So, first I want to just step back a little bit to recognize that we have seen now several new and significant developments over the past few days. The U.S. has imposed tariffs on Canada and Mexico as well as additional tariffs on China. Canada and China have, in response, announced tariffs on some U.S. goods and other measures. And Mexico has indicated that it will provide more details in the coming days.

    And as we have said before, you know, while assessing the full impact of tariffs on economic activity and inflation will depend on many factors, we do expect to provide an analysis of this, certainly at the global level and for the most affected countries at the time of our World Economic Outlook update in April. And of course we will also cover this issue, I imagine, in some of the regional updates where relevant. And I want to also emphasize that as part of our bilateral surveillance with countries, the individual Article IV reports this topic will also be covered to the extent that the countries are affected. 

    What I can say today is that if sustained the impact of the U.S. tariffs on Canada and Mexico can be expected to have a significant adverse economic impact on those countries given their very strong integration and exposure to the U.S. market. 

    Now, more broadly, there were some questions about financial market movements. So let me also just step back for a moment on some of these, and here I want to refer to some remarks that our Managing Director has been making recently. As she’s been saying, we are now in the midst of significant transformations, and these include the rapid advance of AI to changing patterns of capital flows and trade. She has also been mentioning that trade is no longer the engine of global growth that it used to be. 

    For example, during the period of 2000 to 2019, global trade growth reached nearly 6 percent on an annual basis, whereas over the more recent period of 2022 to 2024, global trade is growing closer to 3 percent. So global trade growth has been on a downward — has declined. And of course, it is in this more global context that governments are recalibrating their approaches and adjusting policies. 

    I also want to recognize, of course, that we have seen increased volatility in financial markets. We see that in indicators such as the VIX. We also have seen indicators of global uncertainty showing an increase. And what will be critical to assess what the economic impact of this will be — will be whether these trends are short-lived or whether they are sustained. Generally speaking, our research shows that both historically and across countries, sustained periods of elevated uncertainty can be associated with both households and firms holding back on consumption and investment decisions. And as I said, we will be providing a comprehensive analysis of our views on the global economy and individual economies as part of the World Economic Outlook that will be released in April. 

    On the specific question on U.S. bond yields, we do recognize of course, that U.S. bond yields have moved lower since the beginning of the year. And it does seem that on that basis markets may be reappraising or reassessing their views, particularly on the outlook for monetary policy. I will stop there and move on.

    QUESTIONER: When is the IMF Board expected to review and approve the next disbursement for Ukraine? Are there any remaining conditions or procedural steps that Ukraine must fulfill before approval? And the Ukrainian government is engaging in debt restructuring efforts with its creditors. How does the IMF assess Ukraine’s debt sustainability and what role does this play in bord’s decision making process regarding future disbursement announcements?

    QUESTIONER: So, to follow up on previous question. In February, you stated, that Ukraine would have access to about U.S. $900 million for the next review. Now we are speaking about $400 million. So, why the IMF has made a decision to adjust to the total sum of disbursement that will be provided to Ukraine?

    QUESTIONER: And do you think that it can impact financial stability of Ukrainian economy or there is no risk for them? 

    QUESTIONER: How do you expect the freezing of the U.S. aid for Ukraine might impact the program you have already on course right now? And how does this affect the global plan that had been made like a year ago or two years ago now? 

    QUESTIONER: I just want to follow up the last question about the impact — what the impact Trump administration is doing. Does this impact the IMF projections on Ukraine this and next year? 

    QUESTIONER: An adjacent question, maybe related to the prospect for ending the war. And, you know, we have seen economic developments in Russia continue to percolate along even though the war has been going on and there have been sanctions. Have you started to look at what the end of the war could mean for both the Russian and Ukrainian economies in terms of, you know, perhaps, you know, assuming that there would be an end of sanctions once there was a cessation of hostilities, whether that would give a boost to the Russian economy, maybe the European economy in general could lower costs, things like that? So just kind of walk us through what you are seeing there. 

    MS. KOZACK: Okay, let me go ahead on Ukraine. So, just to bring everyone up to speed. So, on February 28th, the IMF staff, and the Ukrainian authorities reached a staff-level agreement on the Seventh Review of the four-year EFF arrangement. This is subject to approval of the IMF’s Executive Board. Ukraine is expected to draw, as noted, about U.S. $400 million, and that would bring total disbursements under the program to U.S. $10.1 billion.

    I just want to note that program performance in Ukraine remains strong. All of the end December quantitative performance criteria were met, and understandings were reached between the Ukrainian authorities and IMF staff on a set of policies and reforms to sustain macroeconomic stability. The structural reform agenda in Ukraine is continuing to make good progress, and there are strong commitments from the Ukrainian authorities in a number of other areas. 

    Now on some of the specific questions, first on the matter of the disbursement, what I can say there is that it is not unusual over the life of a program for the pattern of disbursements to shift based on evolving balance of payments needs. And that is what has happened in this case. It is also important to emphasize that the overall size of the program, which is $15.6 billion, remains unchanged. And so that shift in disbursement pattern reflects the shifting balance of payments pattern for Ukraine. 

    So, on the issue the debt restructuring and debt process, what I can say there is that restoring debt sustainability in Ukraine hinges on continued implementation of the authority’s debt restructuring strategy, where completing the treatment of the GDP warrants remains important. And it also hinges very much on continuation of the revenue-based fiscal adjustment strategy, which is supported under the program. And as you know, Ukraine’s debt has been assessed in the last review to be sustainable on a forward-looking basis contingent on these two areas that I just mentioned. And of course, there will be a revised debt sustainability assessment as part of the ongoing review. 

    With respect to the other question, what I can say here is that the Ukrainian economy, you know, has shown continued resilience despite the challenges arising from the war. At the time of the Seventh Review, the last review, we estimated GDP growth to be 3.5 percent in 2024. But we did expect it at that time to moderate to 2 to 3 percent in 2025. And that was reflecting some headwinds from labor constraints and damage to energy infrastructure, given the ongoing war. It is the case in general for Ukraine, and we have been saying this throughout the life of the program, that the outlook remains exceptionally uncertain, especially as the war continues and it is taking a heavy toll on Ukraine’s people, economy, and infrastructure. 

    On the more recent developments that you were referring to, we are following these developments very closely. It is premature at the moment to comment on them, but we are following them, and we will make an assessment in due course.

    And on your question, the answer is essentially the same. We are following the developments very closely, and we will, as developments evolve, be undertaking obviously an assessment of what a peace deal could potentially look like and what would be the implications for all of the involved parties. 

    QUESTIONER: Julie, can you on the basis of having studied previous conflicts ending, can you just give us divorced from Ukraine and Russia, but just can you give us an indication of what generally happens when a conflict ends, what that means? And is there anything that we can draw on, at least just from history? 

    MS. KOZACK: So, I do not have, you know, off the top of my head a piece of research that I can kind of point to in terms of the interest analysis. What I certainly can say is that we always, for all of our member countries, hope for peace and stability in all of our member countries. And I think at that moment this is really what I can say. But I take note of the importance of your point, and we will, I have no doubt, in due course be conducting all of the necessary analysis as events unfold.

    QUESTIONER: I have two questions mainly on Egypt. as Egypt is scheduled for 10th of March for the discussion of the Fourth Review of the EFF for the country, what are we expecting from this meeting? And if you please, could you update us on the RSF facility worth $1.2 billion for the country? Thank you so much. 

    QUESTIONER: I would second exactly those questions. And just to add to that, I know it says on the IMF Executive Board calendar that the Board will be discussing waivers of non-observance for some of the performance criteria related to Egypt’s loan program and modifications for others. Are you able to tell us any more about exactly which criteria the Board will be looking at? And on the RSF, if you are able to give us any more detail about the prospective value of that. I know it has been put at $1 billion before. A related question, not on Egypt but on Gaza. I would be interested to know if the IMF has begun to think, whether internally or with partners in the region, about what its potential role would be in funding a reconstruction plan for Gaza given the $50 billion, upwards of $50 billion, cost of any reconstruction. 

    QUESTIONER: I may repeat questions about the value of current tranche to be given to Egypt and the timing of when the central bank of Egypt to receive it. And also, I have another question about the program of state assets selling. Will we witness some steps, new steps in that program? Could it be connected with the decision to be taken in March?

    MS. KOZACK: And any other questions on Egypt? All right. And then I have a question that came in through the Press Center. I am going to read it out loud – ’Does the IMF’s approval of the fourth tranche to Egypt require Egypt to implement some reforms? And when will the Fifth Review of the loan be held? What is the estimated size of the loan allocated to Egypt, and here will it be dispersed in installments or in one lump sum?’

    On Egypt – on March 10th, our Executive Board will be discussing Egypt’s Article IV consultation and the fourth review under the EFF. It will also be discussing at the same time Egypt’s request for an RSF, the Resilience and Sustainability Facility. Subject to completion by the Executive Board, the authorities, would have access to $1.2 billion under the EFF. So, under the EFF program. And then in addition, subject again to approval by our Executive Board, the size of the RSF would be about U.S. $1.3 billion. Regarding the RSF, like all of the IMF programs, the RSF is also delivered in tranches. So, it is not one lump sum up front. It is a phased program where tranches are dispersed on the basis of conditions being met. 

    And with respect to some of the other questions, what I can say today is just that we will provide, of course, more details following the Board meeting and on the question of waivers and modifications and also the questions on the state-owned enterprises. And again, the board meeting will be on March 10th. 

    QUESTIONER: I have two questions related to Japan. Firstly, amid rising uncertainty due to President Trump’s tariff policy, I would like to ask you — ask your thoughts on whether the Bank of Japan, currently in a rate hike phase, should continue raising rate or take more cautious approach in assessing the impact. And secondly, President Trump recently made remarks suggesting that Japan and China are engaging in currency devaluation. I would appreciate it if you share your views on Japan’s foreign exchange policy. Thank you. 

    MS. KOZACK: So, maybe just stepping back to give a bit of context on Japan. What I can say on Japan is that on the growth side, growth this year is expected to strengthen, and we also expect inflation to converge to the Bank of Japan’s 2 percent target by the end of 2025. 

    In 2024, growth in Japan slowed due to some temporary supply disruptions. But since then, we have seen a strengthening in growth driven by domestic demand, particular — particularly private consumption in Japan and rising wages. And we expect this to continue into 2025, where we project growth, at the time of the January WEO, we projected growth at 1.1 percent for Japan in 2025. And of course, just to say that we will be updating this projection as part of the April forecast. 

    Looking at inflation — headline and core inflation, as I said, are expected to decline gradually toward the 2 percent target. We have been supportive of the Bank of Japan’s recent monetary policy decisions. We believe that these decisions will help anchor inflation expectations at the 2 percent target but also given balance risks around inflation, our assessment has been that further hikes in the policy interest rate should continue to be data dependent, and they should proceed at a gradual pace over time. 

     With respect to the question on the exchange rate, what I can say there is that the Japanese authorities have affirmed their commitment to a flexible exchange rate regime. Japan’s flexible exchange rate regime has helped the country or has helped the economy absorb the impact of shocks. And it also supports the focus of monetary policy on price stability. And at the same time, what I can say is that that flexible exchange rate regime is helping maintain an external position that is in line with fundamentals. 

    QUESTIONER: Could you give us an update on the negotiations for Ethiopia, please? And on El Salvador, the deal that you agreed on in December and was approved a couple of weeks ago involves the government not increasing its exposure to Bitcoin. Government has continued to buy through the Office of Bitcoin, which is linked to the presidential palace. But yesterday the Fund said that these purchases do not increase the government’s exposure to Bitcoin. Could you please explain that? 

    QUESTIONER: Also on El Salvador, obviously he was saying to not to not buy it as a government reserve. I just wanted to, I guess, contrast to the U.S. I mean, President Trump has very much announced a digital assets reserve, including Ethereum and other coins, as well as Bitcoin. And I wondered if the IMF could – can you comment on the U.S. program or how would you distinguish the two countries and why the IMF might be taking a different approach?

    MS. KOZACK: All right, let me go ahead and take the El Salvador question in Ethiopia and then we will go back. I see many hands up online. 

    So, on El Salvador, as you know, last week our Executive Board approved a 40-month Extended Fund Facility, EFF, for U.S. $1.4 billion and with an immediate disbursement of $113 million. The program is expected to catalyze financial and technical support from other IFIs. And this will lead to a combined total over the program period of about U.S. $3.5 billion of support for El Salvador. The goals of the program are to restore fiscal sustainability, rebuild external and financial buffers, strengthen governance and transparency, and ultimately create the conditions for stronger and more resilient growth. 

    Regarding Bitcoin, in particular, the program aims to address the risks associated with the Bitcoin project to protect consumers and investors, as well as to limit potential fiscal costs. So, to start, there were recent legal reforms that have made the acceptance of Bitcoin voluntary, and taxes can be paid only in U.S. dollars. Under the program, the government has committed to not accumulate for their Bitcoins at the level of the overall public sector. 

    Regarding the recent increase in Bitcoin holding by the Strategic Bitcoin Reserve Fund, the authorities have confirmed that these are consistent with the agreed program conditionality, and we do remain engaged with the authorities on this important issue. 

    And then, to your question. We are obviously closely monitoring President Trump’s announcement in this area. The Presidential Working Group on Digital Asset Markets has not yet completed its work. So, we do not yet have details on the implementation of this proposal, but we will come back in due course. 

    And then turning to the question on Ethiopia. So just an update on Ethiopia. On January 17th, the IMF Executive Board completed the Second Review of the arrangement, the ECF arrangement for Ethiopia, and that allowed for a drawdown of about U.S. $245 million. The ECF arrangement supports the authorities’ reforms to address macroeconomic imbalances, restore external debt sustainability, and lay the foundation for strong private sector-led growth. 

    I can also just remind you that the Managing Director recently traveled to Ethiopia. She was there February 8th and 9th. She met with Prime Minister Abiy and his team to take stock of the economic reforms and the progress that is being made in the country. And she also took the opportunity to meet with other stakeholders, including representatives of the private sector. 

    QUESTIONER: My question is on USAID. USAID has now totally stopped its business. And to what extent do you see the impact, especially on lower income countries at the global level? And should you consider using your facility to support them just in case? 

    MS. KOZACK: So, on this issue, we are obviously again paying close attention to developments, and we are working with our country authorities. But it is, at the same time, it is too early to really say what the precise impact may be. And so, we will come back in due course. For now, we are monitoring.

    QUESTIONER: I have a question on Senegal. Following a recent audit of the country’s debt, it was found to be 99.7 percent of GDP. That was in 2023. And I know that IMF has said before that Senegal debt was stable even though it was high. I am wondering if that is the figure that you still consider sustainable. And then also with regards on talks of a new IMF program, I am wondering if Senegal could be asked to reimburse previous dispersion under this reporting period. 

    QUESTIONER: Still on Senegal, as soon as the report from the Audit Supreme Court was released, we saw rating agency downgrading Senegal sovereign notes. So, the country is now stuck. It cannot raise funds from the internal market, and it cannot go in a very comfortable position in international markets while they still face a lot of challenges. So, I am wondering why the IMF is working fast and bold to find a solution for Senegal in the midterm or even long-term. Is there any situation where IMF can provide a short-term, I mean, short-term relief to the country so they can go through these hard moments in a very soft way? 

    MS. KOZACK: So, on Senegal, what I can say is that we are actively engaged in discussions with the authorities with respect to the Court of Auditors Report and the associated misreporting under the IMF program. The Court of Auditors Report was released on February 12th. The Court confirmed that the fiscal deficit and debt were under reported during the period of 2019 to 2023.

    So, what we are doing is working closely with the authorities in their efforts to preserve fiscal and debt sustainability. We are working actively to advance on our discussions following the publication of the report, and we are also working with the authorities on measures to correct and remedy the misreporting that took place. What I can add is that the resolution of the misreporting in line with IMF policy is a precondition for discussions of any future financial assistance by the IMF.

    And with respect to potential consequences, I can say that the IMF does not impose any sanctions for misreporting cases. It is up to our Executive Board to decide on the next steps. And those next steps, you know, could include a waiver. And that waiver could — it could also include; it could be a waiver without a request for reimbursement. So, all of those discussions on Senegal are now underway. We are actively, very much working with the authorities, supporting as much as possible their efforts on fiscal and debt sustainability, as I said. And we will come back and report back when we have more information on Senegal. 

    I have a question here online that I am going to read. It came from the Press Center on Thailand. And the question is – ‘The upcoming World Bank IMF Annual Meetings in Thailand will bring significant attention to Southeast Asia’s economic outlook. From the from IMF’s perspective, how can Thailand best leverage this opportunity to address regional challenges such as digital transformation, climate change adaptation, and income inequality? And what collaborative initiatives between the IMF and Thailand are being planned to ensure lasting economic benefits for the country beyond the meetings themselves?’ 

    So, on this very important question, a very nice question, actually, what I can say is that we are very much looking forward to having Thailand host the annual meetings in 2026. So, this will be in October of 2026. Every three years, we do our Annual Meetings abroad. 2026, October will be Thailand. So, mark your calendar. I can also add that preparations are underway. The Fund, the IMF staff are working hand in hand with the Thai authorities to make this a highly successful event and showcasing the significant strides that Thailand has made since it last hosted our annual meetings in 1991. So, it will be 25 years when we get to 2026. 

    The Managing Director recently met with Bank of Thailand’s Governor Sethaput at the AlUla Conference in Saudi Arabia. They discussed the preparations for the annual meetings and agreed that it would be a very good opportunity to showcase on the global stage the region’s dynamism and economic activities. And of course, the meetings will also allow Thailand to position itself as a key contributor to the international economic dialogue and to gather views and experiences from countries throughout the membership of the IMF and the World Bank. 

    This ongoing close relationship leading up to and beyond, we hope, the Annual Meetings will focus on prioritizing reform reforms that are necessary to ensure the lasting benefits for Thailand and building the relationships and the shared policy, dialogue and experiences we hope will deepen our engagement, our excellent engagement and relationship with Thailand and will be sustained even past the Annual Meetings in 2026.

    QUESTIONER: My question is, what are the IMF growth projections for Jordan amid the ongoing impact of the Gaza war? And when will the Third Review under the EFF begin? And are any adjustments expected to the war’s region effect on Jordan’s economy? 

    MS. KOZACK: So, what I can share on Jordan is that the Executive Board on December 12th completed the Article IV Consultation with Jordan and the Second Review under the EFF arrangement. The mission for the next review, which will be the Third Review, is expected to take place in April.

    What I can also say is that Jordan has demonstrated resilience and maintained macroeconomic stability throughout the prolonged regional conflict. This resilience reflects the authority’s continued implementation of sound macroeconomic policies and progress with reforms. While recent developments in the region, particularly the ceasefire agreements, give rise to some cautious optimism, uncertainty, of course, in Jordan does remain high. And with respect to the growth projections, what I can say is that growth in 2024 was 2.3 percent. We are projecting growth at 2.5 percent in 2025 and a further increase in growth in 2026 to 3 percent. But like in all countries, we will be updating these projections as both part of our April World Economic Outlook Global Forecast, and also, of course, the team will be doing a full assessment of the Jordanian economy as part of their mission in April 

    And so, with this, I’m going to bring this press briefing to a close. Thank you all very much. Thank you very much for participating today. As a reminder, the briefing is embargoed until 11 a.m. Eastern Time in the U.S. The transcript, as always, will be made available later today on IMF.org. And in case of clarifications or additional questions, please reach out to my colleagues at media@IMF.org. And I wish everyone a wonderful day, and I look forward to seeing you next time. Thank you very much. 

     

    * * * * *

     

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Boris Balabanov

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

    @IMFSpokesperson

    MIL OSI Economics –

    March 7, 2025
  • MIL-OSI: IDT Corporation Reports Record Second Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    Record levels of gross profit +16%; income from operations +77%; Adjusted EBITDA*+56%

    GAAP EPS increased to $0.80 from $0.57; Non-GAAP EPS*increased to $0.84 from $0.67

    IDT raised its quarterly dividend 20% to 6 cents

    NEWARK, NJ, March 06, 2025 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, today reported results for its second quarter fiscal year 2025, the three months ended January 31, 2025.

    SECOND QUARTER HIGHLIGHTS

    (Throughout this release, unless otherwise noted, results for the second quarter of fiscal year 2025 (2Q25) are compared to the second quarter of fiscal year 2024 (2Q24). All earnings per share (EPS) and other ‘per share’ results are per diluted share.

    • Key Businesses / Segments
      • NRS
        • Recurring revenue**: +32% to $31.6 million;
        • Income from operations: +71% to $9.1 million;
        • Adjusted EBITDA: +65% to $10.1 million;
        • ‘Rule of 40’ score**: 55
      • BOSS Money / Fintech segment
        • BOSS Money transactions: +36% to 5.7 million;
        • BOSS Money revenue: +34% to $33.5 million;
        • Fintech segment gross profit: +35% to $21.7 million;
        • Fintech segment income from operations: increased to $3.1 million from a loss of $(0.7) million;
        • Fintech segment Adjusted EBITDA: increased to $3.9 million from a loss of $(12) thousand;
      • net2phone
        • Subscription revenue**: +9% to $21.0 million (+14% on a constant currency basis);
        • Income from operations: increased to $1.1 million from $0.4 million;
        • Adjusted EBITDA: +55% to $2.9 million;
      • Traditional Communications
        • Gross profit: +2% to $43.1 million;
        • Income from operations: +24% to $18.1 million;
        • Adjusted EBITDA: +19% to $20.2 million;
    • IDT Consolidated
      • Revenue: +2% to $303.3 million;
      • Gross profit (GP) / margin: GP +16% to $112 million; GP margin +420 bps to 37.0%;
      • Income from operations: +77% to $28.3 million;
      • Net income attributable to IDT: +41% to $20.3 million;
      • GAAP EPS: Increased to $0.80 from $0.57;
      • Non-GAAP net income: +26% to $21.3 million;
      • Non-GAAP EPS: Increased to $0.84 from $0.67;
      • Adjusted EBITDA: +56% to $34.0 million;
      • CapEx: +6% to $4.8 million;
      • Stock buyback: Repurchased 179,338 shares of IDT Class B common stock in market transactions during 2Q25 for $8.5 million at an average share price of $47.59;
      • Common stock dividend: IDT increased its quarterly dividend from $0.05 to $0.06.

    REMARKS BY SHMUEL JONAS, CEO

    “IDT had a strong second quarter led by NRS and BOSS Money, and supported by robust results from our Traditional Communications segment, which increased its cash generation for the third consecutive quarter. On a consolidated basis, we again generated record levels of gross profit, income from operations, and Adjusted EBITDA.

    “NRS continued to deepen its penetration of the independent retailer market. We are now launching new features and functionalities that increase the value of our solution for retailers and will help us to drive additional growth.

    “BOSS Money delivered another quarter of strong year-over-year transaction and revenue growth. In the second quarter, we continued to focus on improving the margin contribution, particularly in our retail channel, and that effort helped to boost our Fintech segment’s gross profit and Adjusted EBITDA less CapEx to record levels.

    “net2phone continued its expansion led by further growth in the U.S. market. We are especially excited about last week’s launch of net2phone’s virtual AI agent. It has been very well received by our internal BOSS and NRS teams that are using it with great success to enhance the quality and consistency of customer interactions while reducing costs. We are confident that net2phone clients will find that it provides them with great value right out of the gate. Moreover, as they build with our AI agent, it will provide clients with increasingly sophisticated, tailored solutions that add value across disparate functions within their organizations.

    “Our Traditional Communications segment increased Adjusted EBITDA for the third sequential quarter and surpassed $20 million for the first time since fiscal 2022.

    “In light of our solid financial position and positive outlook, and mindful of the feedback we’ve received from our investors, we stepped up our repurchases of stock during the second quarter and have increased our regular quarterly dividend by 20%.”

    2Q25 RESULTS BY SEGMENT

    (For all periods presented, capital expenditures (CapEx), previously provided on a consolidated basis, is now also provided for each business segment.)

    National Retail Solutions (NRS)

    National Retail Solutions (NRS)
    (Terminals and accounts at end of period. $ in millions, except for average revenue per terminal)
          2Q25       1Q25       2Q24       2Q25-2Q24 (% Δ)  
    Terminals and payment processing accounts                                
    Active POS terminals     34,800       33,100       28,700       +21 %
    Payment processing accounts     23,900       22,700       18,200       +32 %
                                     
    Recurring revenue                                
     Merchant Services & Other   $ 18.1     $ 17.2     $ 12.5       +45 %
     Advertising & Data   $ 10.0     $ 8.5     $ 8.7       +15 %
     SaaS Fees   $ 3.5     $ 3.3     $ 2.7       +30 %
    Total recurring revenue   $ 31.6     $ 28.9     $ 23.9       +32 %
     POS terminal sales   $ 1.3     $ 1.4     $ 1.3       +2 %
    Total revenue   $ 33.0     $ 30.4     $ 25.2       +31 %
                                     
    Monthly average recurring revenue per terminal**   $ 310     $ 295     $ 285       +9 %
                                     
    Gross profit   $ 30.3     $ 27.6     $ 22.5       +35 %
    Gross profit margin     91.8 %     91.0 %     89.1 %     +270 bps
    Technology & development   $ 2.2     $ 2.0     $ 1.9       +14 %
    SG&A   $ 19.0     $ 19.0     $ 15.2       +25 %
    Income from operations   $ 9.1     $ 6.6     $ 5.3       +71 %
    Adjusted EBITDA   $ 10.1     $ 7.6     $ 6.1       +65 %
    CapEx   $ 0.9     $ 1.2     $ 1.0       (4 )%
                                     

    NRS Take-Aways / Updates:

    • NRS added approximately 1,700 net active terminals and approximately 1,200 net payment processing accounts during 2Q25. Net active terminal additions included the impact of approximately 300 terminals operating in seasonal stores that suspended operations following the quarter close.
    • The 45% year-over-year increase in Merchant Services & Other revenue was driven by the growth in payment processing accounts, and higher merchant services revenue per account, driven in part by the increased percentage of retail transactions paid with a credit or debit card.
    • The 30% year-over-year increase in SaaS Fees revenue reflects the growth of net active terminals and migration of retailers to premium SaaS plans.

    Fintech

    Fintech
    (Transactions in millions. $ in millions, except for average revenue per transaction)
          2Q25       1Q25       2Q24       2Q25-2Q24 (% Δ, $)  
    BOSS Money transactions     5.7       5.6       4.2       +36 %
                                     
    Fintech Revenue                                
    BOSS Money   $ 33.5     $ 33.7     $ 25.0       +34 %
    Other   $ 3.3     $ 3.4     $ 2.9       +13 %
    Total Revenue   $ 36.8     $ 37.1     $ 28.0       +32 %
                                     
    Average revenue per BOSS Money transaction**   $ 5.87     $ 6.01     $ 5.98     $ (0.11 )
                                     
    Gross profit   $ 21.7     $ 21.6     $ 16.1       +35 %
    Gross profit margin     58.9 %     58.2 %     57.5 %     140 bps
    Technology & development   $ 2.3     $ 2.3     $ 2.5       (8 )%
    SG&A   $ 16.3     $ 16.1     $ 14.3       +14 %
    Income (loss) from operations   $ 3.1     $ 3.2     $ (0.7 )     +$3.8  
    Adjusted EBITDA   $ 3.9     $ 4.0     $ 0       +$3.9  
    CapEx   $ 0.8     $ 1.1     $ 0.8       +1 %
                                     

    Fintech Take-Aways:

    • The 36% increase in BOSS Money transactions reflected a 40% year-over-year increase in digital transactions and a 22% increase in retail transactions.
    • BOSS Money revenue increased 34% year-over-year driven by a 38% year-over-year increase in digital channel revenue. The 1% sequential decrease in revenue reflected BOSS Money’s continued focus on expanding per-transaction margins, particularly at retail, which boosted gross profit while dampening transaction volume growth and revenue.
    • The strong increases in the Fintech segment’s income from operations and Adjusted EBITDA were driven by BOSS Money revenue growth, higher margins on BOSS Money transactions and improved operating leverage as the business continues to scale.
    • BOSS Money continued to expand to new destinations during 2Q25 (Venezuela and Eritrea) with Brazil expected to come online in 3Q25. BOSS Money also launched debit card payment capabilities at BOSS Money retailers across the U.S. and continued to build out its already extensive payout network in key destination markets.

    net2phone

    net2phone
    (Seats in thousands at end of period. $ in millions)
          2Q25       1Q25       2Q24       2Q25-2Q24 (% Δ, $)  
    Seats**     410       406       375       +9 %
                                     
    Revenue                                
    Subscription revenue   $ 21.0     $ 21.0     $ 19.3       +9 %
    Other revenue   $ 0.5     $ 0.6     $ 1.0       (54 )%
    Total Revenue   $ 21.5     $ 21.6     $ 20.4       +6 %
                                     
    Gross profit   $ 17.0     $ 17.1     $ 16.1       +6 %
    Gross profit margin     79.2 %     79.0 %     78.9 %     20 bps
    Technology & development   $ 2.8     $ 3.0     $ 2.6       +5 %
    SG&A   $ 13.0     $ 13.1     $ 13.1       (1 )%
    Income from operations   $ 1.1     $ 1.0     $ 0.4       +201 %
    Adjusted EBITDA   $ 2.9     $ 2.5     $ 1.8       +55 %
    CapEx   $ 1.8     $ 1.6     $ 1.4       +28 %
     

    net2phone Take-Aways:

    • The 9% year over year increase in total seats served was powered by continued expansion in key markets led by the U.S., Brazil, and Mexico. CCaaS seats served increased by 10% year-over year.
    • Subscription revenue increased by 9% year-over-year. The increase reflected net seat growth and increased subscription revenue per seat** in the U.S., offset by the negative FX impact of a strengthened U.S. dollar versus local currencies in net2phone’s key Latin American markets. On a constant currency basis, subscription revenue increased by 14% year over year.
    • Operating margin** increased to 5% from 2% in 2Q24, and Adjusted EBITDA margin** increased to 13% from 9% in 2Q24. Additional steady margin improvement remains a key strategic focus.
    • Following the quarter close, net2phone launched its AI agent, a scalable virtual assistant providing exceptional customer experiences across sales, support, and administrative tasks.

    Traditional Communications

    Traditional Communications
    ($ in millions)
          2Q25       1Q25       2Q24       2Q25-2Q24 (% Δ)  
    Revenue                                
    IDT Digital Payments   $ 101.6     $ 105.1     $ 99.7       +2 %
    BOSS Revolution   $ 53.3     $ 56.8     $ 66.7       (20 )%
    IDT Global   $ 51.3     $ 52.4     $ 48.7       +5 %
    Other   $ 5.9     $ 6.2     $ 7.5       (22 )%
    Total Revenue   $ 212.0     $ 220.5     $ 222.5       (5 )%
                                     
    Gross profit   $ 43.1     $ 41.3     $ 42.3       +2 %
    Gross profit margin     20.3 %     18.8 %     19.0 %     +130 bps
    Technology & development   $ 5.4     $ 5.5     $ 5.9       (9 )%
    SG&A   $ 19.4     $ 20.0     $ 21.4       (9 )%
    Income from operations   $ 18.1     $ 15.7     $ 14.6       +24 %
    Adjusted EBITDA   $ 20.2     $ 17.8     $ 17.0       +19 %
    CapEx   $ 1.2     $ 1.4     $ 1.4       (8 )%
                                     

    Take-Aways: 

    • IDT Global continues to mitigate the impacts of the ongoing industry-wide declines in paid-minute voice through a traffic mix shift to higher margin routes, new service offerings, and operational efficiencies.
    • For the third consecutive quarter, Traditional Communications’ income from operations and Adjusted EBITDA both increased sequentially. In 2Q25, the increases were driven by increasing gross profit contributions from each of the three major lines of business, as well as by continued efforts to streamline operations and remove costs.

    OTHER FINANCIAL RESULTS

    Consolidated results for all periods presented include corporate overhead. In 2Q25, Corporate G&A expense decreased to $3.0 million from $3.2 million in 2Q24.

    As of January 31, 2025, IDT held $171.1 million in cash, cash equivalents, debt securities, and current equity investments. Also at January 31, 2025, current assets totaled $462.1 million and current liabilities totaled $278.2 million. The Company had no outstanding debt at the quarter end.

    Net cash provided by operating activities decreased to $20.2 million in 2Q25 from $28.4 million in 2Q24. Exclusive of changes in customer funds deposits at IDT’s Fintech segment, net cash provided by operating activities decreased to $7.3 million in 2Q25 from $25.4 million in 2Q24. This decrease predominantly reflects the timing of payments made by IDT to cover anticipated BOSS Money disbursement prefunding.

    Capital expenditures increased to $4.8 million in 2Q25 from $4.6 million in 2Q24.

    IDT EARNINGS ANNOUNCEMENT INFORMATION

    This release is available for download in the “Investors & Media” section of the IDT Corporation website (https://www.idt.net/investors-and-media) and has been filed on a current report (Form 8-K) with the SEC.

    IDT will host an earnings conference call beginning at 5:30 PM Eastern today with management’s discussion of results followed by Q&A with investors. To listen to the call and participate in the Q&A, dial 1-888-506-0062 (toll-free from the US) or 1-973-528-0011 (international) and provide the following access code: 145736.

    A replay of the conference call will be available approximately three hours after the call concludes through March 20, 2025. To access the call replay, dial 1-877-481-4010 (toll-free from the US) or 1-919-882-2331 (international) and provide this replay passcode: 51975. The replay will also be accessible via streaming audio at the IDT investor relations website.

    NOTES

    *Adjusted EBITDA and Non-GAAP EPS are Non-GAAP financial measures intended to provide useful information that supplements IDT’s or the relevant segment’s results in accordance with GAAP. Please refer to the Reconciliation of Non-GAAP Financial Measures later in this release for an explanation of these terms and their respective reconciliations to the most directly comparable GAAP measures.

    **See ‘Explanation of Key Performance Metrics’ at the end of this release.

    ABOUT IDT CORPORATION

    IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

    All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

    CONTACT

    IDT Corporation Investor Relations
    Bill Ulrey
    william.ulrey@idt.net
    973-438-3838

    IDT CORPORATION
    CONSOLIDATED BALANCE SHEETS

        January 31,
    2025
        July 31,
    2024
     
        (Unaudited)        
        (in thousands, except per share data)  
    Assets            
    Current assets:                
    Cash and cash equivalents   $ 142,152     $ 164,557  
    Restricted cash and cash equivalents     105,554       90,899  
    Debt securities     23,852       23,438  
    Equity investments     5,091       5,009  
    Trade accounts receivable, net of allowance for credit losses of $7,295 at January 31, 2025 and $6,352 at July 31, 2024     45,127       42,215  
    Settlement assets, net of reserve of $1,804 at January 31, 2025 and $1,866 at July 31, 2024     41,779       22,186  
    Disbursement prefunding     57,676       30,736  
    Prepaid expenses     15,989       17,558  
    Other current assets     24,914       25,927  
    Total current assets     462,134       422,525  
    Property, plant, and equipment, net     38,380       38,652  
    Goodwill     26,149       26,288  
    Other intangibles, net     5,583       6,285  
    Equity investments     6,748       6,518  
    Operating lease right-of-use assets     2,498       3,273  
    Deferred income tax assets, net     22,333       35,008  
    Other assets     11,903       11,546  
    Total assets   $ 575,728     $ 550,095  
    Liabilities, redeemable noncontrolling interest, and equity                
    Current liabilities:                
    Trade accounts payable   $ 22,482     $ 24,773  
    Accrued expenses     89,472       103,176  
    Deferred revenue     28,384       30,364  
    Customer funds deposits     104,720       91,893  
    Settlement liabilities     16,975       12,764  
    Other current liabilities     16,157       16,374  
    Total current liabilities     278,190       279,344  
    Operating lease liabilities     1,349       1,533  
    Other liabilities     1,093       2,662  
                     
    Total liabilities     280,632       283,539  
    Commitments and contingencies                
    Redeemable noncontrolling interest     11,228       10,901  
    Equity:                
    IDT Corporation stockholders’ equity:                
    Preferred stock, $.01 par value; authorized shares—10,000; no shares issued     —       —  
    Class A common stock, $.01 par value; authorized shares—35,000; 3,272 shares issued and 1,574 shares outstanding at January 31, 2025 and July 31, 2024     33       33  
    Class B common stock, $.01 par value; authorized shares—200,000; 28,233 and 28,177 shares issued and 23,491 and 23,684 shares outstanding at January 31, 2025 and July 31, 2024, respectively     282       282  
    Additional paid-in capital     306,781       303,510  
    Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 4,742 and 4,493 shares of Class B common stock at January 31, 2025 and July 31, 2024, respectively     (137,475 )     (126,080 )
    Accumulated other comprehensive loss     (19,599 )     (18,142 )
    Retained earnings     121,573       86,580  
    Total IDT Corporation stockholders’ equity     271,595       246,183  
    Noncontrolling interests     12,273       9,472  
    Total equity     283,868       255,655  
    Total liabilities, redeemable noncontrolling interest, and equity   $ 575,728     $ 550,095  

    IDT CORPORATION
    CONSOLIDATED STATEMENTS OF INCOME
    (Unaudited)

        Three Months Ended
    January 31,
        Six Months Ended
    January 31,
     
        2025     2024     2025     2024  
        (in thousands, except per share data)  
           
    Revenues   $ 303,349     $ 296,098     $ 612,915     $ 597,302  
    Direct cost of revenues     191,239       199,171       393,178       406,382  
    Gross profit     112,110       96,927       219,737       190,920  
    Operating expenses (gain):                                
    Selling, general and administrative (i)     70,721       67,346       141,772       131,723  
    Technology and development (i)     12,612       12,925       25,372       25,335  
    Severance     233       345       410       869  
    Other operating expense (gain), net     227       294       227       (190 )
    Total operating expenses     83,793       80,910       167,781       157,737  
    Income from operations     28,317       16,017       51,956       33,183  
    Interest income, net     1,354       1,195       2,782       2,039  
    Other income (expense), net     207       2,534       (76 )     (3,053 )
    Income before income taxes     29,878       19,746       54,662       32,169  
    Provision for income taxes     (7,665 )     (3,992 )     (13,967 )     (7,939 )
    Net income     22,213       15,754       40,695       24,230  
    Net income attributable to noncontrolling interests     (1,944 )     (1,329 )     (3,178 )     (2,146 )
    Net income attributable to IDT Corporation   $ 20,269     $ 14,425     $ 37,517     $ 22,084  
    Earnings per share attributable to IDT Corporation common stockholders:                                
    Basic   $ 0.81     $ 0.57     $ 1.49     $ 0.88  
    Diluted   $ 0.80     $ 0.57     $ 1.48     $ 0.87  
    Weighted-average number of shares used in calculation of earnings per share:                                
    Basic     25,161       25,175       25,182       25,176  
    Diluted     25,324       25,317       25,343       25,297  
    (i) Stock-based compensation included in:                                
    Selling, general and administrative expense   $ 768     $ 2,357     $ 1,602     $ 2,998  
    Technology and development expense   $ 95     $ 130     $ 172     $ 260  


    IDT CORPORATION 

    CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

        Six Months Ended
    January 31,
     
        2025     2024  
        (in thousands)  
    Operating activities                
    Net income   $ 40,695     $ 24,230  
    Adjustments to reconcile net income to net cash provided by operating activities:                
    Depreciation and amortization     10,490       10,146  
    Deferred income taxes     12,674       5,787  
    Provision for credit losses, doubtful accounts receivable, and reserve for settlement assets     2,472       1,696  
    Stock-based compensation     1,774       3,258  
    Other     1,077       2,829  
    Changes in assets and liabilities:                
    Trade accounts receivable     (4,978 )     (7,040 )
    Settlement assets, disbursement prefunding, prepaid expenses, other current assets, and other assets     (46,244 )     9,966  
    Trade accounts payable, accrued expenses, settlement liabilities, other current liabilities, and other liabilities     (11,844 )     (6,200 )
    Customer funds deposits     15,701       15  
    Deferred revenue     (1,500 )     (1,381 )
    Net cash provided by operating activities     20,317       43,306  
    Investing activities                
    Capital expenditures     (10,100 )     (8,885 )
    Purchase of convertible preferred stock in equity method investment     (673 )     (1,009 )
    Purchases of debt securities and equity investments     (15,997 )     (19,357 )
    Proceeds from maturities and sales of debt securities and redemption of equity investments     16,751       31,231  
    Net cash (used in) provided by investing activities     (10,019 )     1,980  
    Financing activities                
    Dividends paid     (2,524 )     —  
    Distributions to noncontrolling interests     (50 )     (59 )
    Proceeds from borrowings under revolving credit facility     24,534       30,588  
    Repayment of borrowings under revolving credit facility     (24,534 )     (30,588 )
    Purchase of restricted shares of net2phone common stock     —       (3,558 )
    Proceeds from exercise of stock options     —       172  
    Repurchases of Class B common stock     (11,395 )     (3,170 )
    Net cash used in financing activities     (13,969 )     (6,615 )
    Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents     (4,079 )     (3,182 )
    Net (decrease) increase in cash, cash equivalents, and restricted cash and cash equivalents     (7,750 )     35,489  
    Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period     255,456       198,823  
    Cash, cash equivalents, and restricted cash and cash equivalents at end of period   $ 247,706     $ 234,312  
    Supplemental Schedule of Non-Cash Financing Activities                
    Shares of the Company’s Class B common stock issued to an executive officer for bonus payment   $ 1,824     $ —  
    Value of the Company’s Class B common stock exchanged for National Retail Solutions shares   $ —     $ 6,254  


    *
    Reconciliation of Non-GAAP Financial Measures for the Second Quarter Fiscal 2025 and 2024

    In addition to disclosing financial results that are determined in accordance with generally accepted accounting principles in the United States of America (GAAP), IDT also disclosed for 2Q25, 1Q25, and 2Q24, Adjusted EBITDA, and for 2Q25 and 2Q24, non-GAAP earnings per diluted share (Non-GAAP EPS). Adjusted EBITDA and Non-GAAP EPS are non-GAAP financial measures intended to provide useful information that supplements IDT’s or the relevant segment’s results in accordance with GAAP. The following explains these terms and their respective reconciliations to the most directly comparable GAAP measures

    Generally, a non-GAAP measure is a numerical measure of a company’s performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP.

    IDT’s measure of Non-GAAP EPS is calculated by dividing non-GAAP net income by the diluted weighted-average shares. IDT’s measure of non-GAAP net income starts with net income attributable to IDT in accordance with GAAP and adds severance expense, stock-based compensation, and other operating expenses, and deducts other operating gains. These additions and subtractions are non-cash and/or non-routine items in the relevant fiscal 2025 and fiscal 2024 periods.

    Management believes that IDT’s Adjusted EBITDA and Non-GAAP EPS are measures which provide useful information to both management and investors by excluding certain expenses and non-routine gains and losses that may not be indicative of IDT’s or the relevant segment’s core operating results. Management uses Adjusted EBITDA, among other measures, as a relevant indicator of core operational strengths in its financial and operational decision making. In addition, management uses Adjusted EBITDA and Non-GAAP EPS to evaluate operating performance in relation to IDT’s competitors. Disclosure of these financial measures may be useful to investors in evaluating performance and allows for greater transparency to the underlying supplemental information used by management in its financial and operational decision-making. In addition, IDT has historically reported similar financial measures and believes such measures are commonly used by readers of financial information in assessing performance, therefore the inclusion of comparative numbers provides consistency in financial reporting.

    Management refers to Adjusted EBITDA, as well as the GAAP measures income (loss) from operations and net income, on a segment and/or consolidated level to facilitate internal and external comparisons to the segments’ and IDT’s historical operating results, in making operating decisions, for budget and planning purposes, and to form the basis upon which management is compensated.

    While depreciation and amortization are considered operating costs under GAAP, these expenses primarily represent the non-cash current period allocation of costs associated with long-lived assets acquired or capitalized in prior periods. IDT’s Adjusted EBITDA, which is exclusive of depreciation and amortization, is a useful indicator of its current performance.

    Severance expense is excluded from the calculation of Adjusted EBITDA and Non-GAAP EPS. Severance expense is reflective of decisions made by management in each period regarding the aspects of IDT’s and its segments’ businesses to be focused on in light of changing market realities and other factors. While there may be similar charges in other periods, the nature and magnitude of these charges can fluctuate markedly and do not reflect the performance of IDT’s core and continuing operations.

    Other operating (expense) gain, net, which is a component of income (loss) from operations, is excluded from the calculation of Adjusted EBITDA and Non-GAAP EPS. Other operating (expense) gain, net includes, among other items, legal fees net of insurance claims related to Straight Path Communications Inc.’s stockholders’ class action and gain from the write-off of a contingent consideration liability. From time-to-time, IDT may have gains or incur costs related to non-routine legal, tax, and other matters, however, these various items generally do not occur each quarter. IDT believes the gain and losses from these non-routine matters are not components of IDT’s or the relevant segment’s core operating results.

    Stock-based compensation recognized by IDT and other companies may not be comparable because of the variety of types of awards as well as the various valuation methodologies and subjective assumptions that are permitted under GAAP. Stock-based compensation is excluded from IDT’s calculation of Non-GAAP EPS because management believes this allows investors to make more meaningful comparisons of the operating results per share of IDT’s core business with the results of other companies. However, stock-based compensation will continue to be a significant expense for IDT for the foreseeable future and an important part of employees’ compensation that impacts their performance.

    Adjusted EBITDA and Non-GAAP EPS should be considered in addition to, not as a substitute for, or superior to, income (loss) from operations, cash flow from operating activities, net income, basic and diluted earnings per share or other measures of liquidity and financial performance prepared in accordance with GAAP. In addition, IDT’s measurements of Adjusted EBITDA and Non-GAAP EPS may not be comparable to similarly titled measures reported by other companies.

    Following are reconciliations of Adjusted EBITDA and Non-GAAP EPS to the most directly comparable GAAP measure, which are, (a) for Adjusted EBITDA, income (loss) from operations for IDT’s reportable segments and net income for IDT on a consolidated basis, and (b) for Non-GAAP EPS, diluted earnings per share.

    IDT Corporation
    Reconciliation of Net Income to Adjusted EBITDA
    (unaudited) in millions. Figures may not foot or cross-foot due to rounding to millions

        Total IDT Corporation     Traditional Communica-tions     net2phone     NRS     Fintech     Corporate  
    Three Months Ended January 31, 2025
    (2Q25)
                                                   
    Net income attributable to IDT Corporation   $ 20.3                                          
    Adjustments:                                                
    Net income attributable to noncontrolling interests     1.9                                          
    Net income     22.2                                          
    Provision for income taxes     7.7                                          
    Income before income taxes     29.9                                          
     Interest income, net     (1.4 )                                        
     Other income, net     (0.2 )                                        
    Income (loss) from operations     28.3     $ 18.1     $ 1.1     $ 9.1     $ 3.1     $ (3.1 )
    Depreciation and amortization     5.2       1.9       1.6       1.0       0.8       –  
    Other operating expense, net     0.2       –       0.2       –       –       –  
    Severance     0.2       0.2       –       –       –       –  
    Adjusted EBITDA   $ 34.0     $ 20.2     $ 2.9     $ 10.1     $ 3.9     $ (3.1 )


    IDT Corporation

    Reconciliation of Net Income to Adjusted EBITDA
    (unaudited) in millions. Figures may not foot or cross-foot due to rounding to millions

        Total IDT Corporation     Traditional Communica-tions     net2phone     NRS     Fintech     Corporate  
    Three Months Ended October 31, 2024
    (1Q25)
                                                   
    Net income attributable to IDT Corporation   $ 17.2                                          
    Adjustments:                                                
    Net income attributable to noncontrolling interests     1.2                                          
    Net income     18.5                                          
    Provision for income taxes     6.3                                          
    Income before income taxes     24.8                                          
     Interest income, net     (1.4 )                                        
     Other expense, net     0.3                                          
    Income (loss) from operations     23.6     $ 15.7     $ 1.0     $ 6.6     $ 3.2     $ (2.9 )
    Depreciation and amortization     5.2       2.0       1.6       1.0       0.7       –  
    Severance     0.2       0.2       –       –       –       –  
    Adjusted EBITDA   $ 29.1     $ 17.8     $ 2.5     $ 7.6     $ 4.0     $ (2.9 )
        Total IDT Corporation     Traditional Communica-tions     net2phone     NRS     Fintech     Corporate  
    Three Months Ended January 31, 2024
    (2Q24)
                                                   
    Net income attributable to IDT Corporation   $ 14.4                                          
    Adjustments:                                                
    Net income attributable to noncontrolling interests     1.3                                          
    Net income     15.8                                          
    Provision for income taxes     4.0                                          
    Income before income taxes     19.7                                          
     Interest income, net     (1.2 )                                        
     Other income, net     (2.5 )                                        
    Income (loss) from operations     16.0     $ 14.6     $ 0.4     $ 5.3     $ (0.7 )   $ (3.6 )
    Depreciation and amortization     5.1       2.0       1.6       0.8       0.7       –  
    Severance     0.3       0.3       –       –       –       –  
    Other operating expense (gain), net     0.3       –       (0.1 )     –       –       0.4  
    Adjusted EBITDA   $ 21.8     $ 17.0     $ 1.8     $ 6.1     $ –     $ (3.2 )

    IDT Corporation
    Reconciliation of Earnings per share to Non-GAAP EPS
    (unaudited) in millions, except per share data. Figures may not foot due to rounding to millions.

          2Q25       2Q24  
                     
    Net income attributable to IDT Corporation   $ 20.3     $ 14.4  
    Adjustments (add) subtract:                
    Stock-based compensation     (0.9 )     (2.5 )
    Severance expense     (0.2 )     (0.3 )
    Other operating expense, net     (0.2 )     (0.3 )
    Total adjustments     (1.3 )     (3.1 )
    Income tax effect of total adjustments     (0.3 )     (0.6 )
          1.0       2.5  
    Non-GAAP net income   $ 21.3     $ 16.9  
                     
    Earnings per share:                
    Basic   $ 0.81     $ 0.57  
    Total adjustments     0.03       0.10  
    Non-GAAP – basic   $ 0.84     $ 0.67  
                     
    Weighted-average number of shares used in calculation of basic earnings per share     25.2       25.2  
                     
    Diluted   $ 0.80     $ 0.57  
    Total adjustments     0.04       0.10  
    Non-GAAP – diluted   $ 0.84     $ 0.67  
                     
    Weighted-average number of shares used in calculation of diluted earnings per share     25.3       25.3  


    *
    *Explanation of Key Performance Metrics

    NRS’ recurring revenue is calculated by subtracting NRS’ revenue from POS terminal sales from its revenue in accordance with GAAP. NRS’ Monthly Average Recurring Revenue per Terminal is calculated by dividing NRS’ recurring revenue by the average number of active POS terminals during the period. The average number of active POS terminals is calculated by adding the beginning and ending number of active POS terminals during the period and dividing by two. NRS’ recurring revenue divided by the average number of active POS terminals is divided by three when the period is a fiscal quarter. Recurring revenue and Monthly Average Recurring Revenue per Terminal are useful for comparisons of NRS’ revenue and revenue per customer to prior periods and to competitors and others in the market, as well as for forecasting future revenue from the customer base.

    The NRS ‘Rule of 40’ score is a metric used to evaluate the performance of SaaS providers. It postulates that a SaaS company’s growth rate when added to its free cash flow rate should equal or exceed 40 percent. For NRS, the ‘Rule of 40’ result for 2Q25 is computed by adding the growth rate of NRS’ recurring revenue for 2Q25 compared to 2Q24 to NRS’ Adjusted EBITDA less CapEx as a percentage of total NRS revenue for the twelve months ended January 31, 2025. The ‘Rule of 40’ is a common SaaS industry metric to assess a company’s balance between growth and profitability. A total above 40 is thought to indicate a healthy combination of expansion and financial stability, making it a useful tool for investors and management to gauge the potential for long-term success and make informed decisions about resource allocation and business strategy.

    net2phone’s subscription revenue is calculated by subtracting net2phone’s equipment revenue and revenue generated by a legacy SIP trunking offering in Brazil from its revenue in accordance with GAAP. net2phone’s cloud communications and contact center offerings are priced on a per-seat basis, with customers paying based on the number of users in their organization. The number of seats served and subscription revenue trends and comparisons between periods are used in the analysis of net2phone’s revenues and direct cost of revenues and are strong indications of the top-line growth and performance of the business.

    net2phone’s subscription revenue per seat is calculated by dividing net2phone’s subscription revenue, as defined in the preceding paragraph, by the average number of seats served during the period. The average number of seats served is calculated by adding the beginning and ending number of seats served and dividing by two. Subscription revenue per seat is the amount of revenue generated by each seat sold during the period. It provides a basis for pricing seat-based services, as well as for comparing performance in past periods and projecting future revenue, and for comparing the value of each seat served to competitors.

    net2phone’s operating margin is calculated by dividing GAAP income from operations by GAAP revenue for the period indicated. Operating margin measures the percentage that each dollar of revenue contributes to profitability. Operating margin is useful for evaluating current period profitability relative to sales, for comparisons to prior period performance, for forecasting future income from operations levels based on projected levels of sales, and for comparing net2phone’s relative profitability to its competitors and peers.

    net2phone’s Adjusted EBITDA margin is calculated by dividing net2phone’s Adjusted EBITDA, a Non-GAAP measure, by net2phone’s GAAP revenue for the comparable quarter or period. Adjusted EBITDA margin measures the percentage that each dollar of revenue contributes to profitability before interest, taxes, depreciation and amortization, and other adjustments as described in the Reconciliation of Non-GAAP Financial Measures. net2phone’s Adjusted EBITDA margin is useful for evaluating current period profitability relative to sales, for comparisons to prior period performance, for forecasting future Adjusted EBITDA levels based on projected levels of sales, and for comparing net2phone’s relative profitability to its competitors and peers.

    BOSS Money’s Average Revenue per Transaction is calculated by dividing BOSS Money’s revenue in accordance with GAAP by the number of transactions during the period. Average Revenue per Transaction is useful for comparisons of BOSS Money’s revenue per transaction to prior periods and to competitors and others in the market, as well as for forecasting future revenue based on transaction trends.

    # # #

    The MIL Network –

    March 7, 2025
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