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Category: Agriculture

  • MIL-OSI USA: Representatives Massie and Pingree Introduce Bipartisan PRIME Act to Empower Local Livestock Farmers, Meet Consumer Demand

    Source: United States House of Representatives – Congressman Thomas Massie (4th District of Kentucky)

    For Immediate Release

    Contact:

    John Kennedy, 202-225-3465 (Massie)
    Gabrielle Mannino, 207-509-5904 (Pingree)


    Washington, D.C    .- Representative Thomas Massie (R-KY) and Representative Chellie Pingree (D-ME) announce the re-introduction of the PRIME (Processing Revival and Intrastate Meat Exemption) Act to make it easier for small farms and ranches to serve consumers. The PRIME Act (H.R. 4700) would give individual states freedom to permit intrastate distribution of custom-slaughtered meat such as beef, pork, or lamb to consumers, restaurants, hotels, boarding houses, and grocery stores. 

    “Consumers want to know where their food comes from, what it contains, and how it’s processed. Yet federal inspection requirements make it difficult to purchase food from trusted, local farmers,” said Rep. Thomas Massie. “It is time to open our markets to give producers the freedom to succeed and consumers the freedom to choose.”

     “Consumers at the grocery store increasingly want quality, locally-grown food, but existing regulations and supply chain vulnerabilities don’t make it easy for them to access. In rural states like Maine, farmers often have to drive hundreds of miles just to get their livestock processed. We can and must do more to bolster our local food systems,” said Rep. Chellie Pingree. “The PRIME Act is a commonsense, bipartisan solution that strengthens infrastructure for local meat processing, supports family farms, and gives consumers easier access to locally raised food—along with greater transparency about where that food comes from.”

    Current law exempts custom slaughter of animals from federal inspection regulations, but only if the meat is slaughtered for personal, household, guest, and employee use (21 U.S.C. § 623(a)). This means that in order to sell individual cuts of locally raised meats to consumers, farmers and ranchers must first send their animals to one of a limited number of USDA-inspected slaughterhouses. These USDA-inspected slaughterhouses are sometimes hundreds of miles away from farms and ranches, adding substantial transportation costs and increasing the chances of locally raised meat co-mingling with industrially produced meat. The PRIME Act would expand the current custom exemption and allow small farms, ranches, and slaughterhouses to thrive.

    Original co-sponsors of the PRIME Act include: Rep. Jodey Arrington (R-TX), Rep. Michael Baumgartner (R-WA), Rep. Andy Biggs (R-AZ), Rep. Lauren Boebert (R-CO), Rep. Josh Brecheen (R-OK), Rep. Tim Burchett (R-TN), Rep. Eric Burlison (R-MO), Rep. John Carter (R-TX), Rep. Ben Cline (R-VA), Rep. Michael Cloud (R-TX), Rep. Andrew Clyde (R-GA), Rep. Warren Davidson (R-OH), Rep. Byron Donalds (R-FL), Rep. Brandon Gill (R-TX), Rep. Jared Golden (D-ME), Rep. Paul Gosar (R-AZ), Rep. Marjorie Taylor Greene (R-GA), Rep. Glenn Grothman (R-WI), Rep. Harriet Hageman (R-WY), Rep. Diana Harshbarger (R-TN), Rep. Jared Huffman (D-CA), Rep. Laurel Lee (R-FL), Rep. Teresa Leger Fernandez (D-NM), Rep. Nancy Mace (R-SC), Rep. Celeste Maloy (R-UT), Rep. Tom McClintock (R-CA), Rep. Mary Miller (R-IL), Rep. Cory Mills (R-FL), Rep. Blake Moore (R-UT), Rep. Troy Nehls (R-TX), Rep. Andy Ogles (R-TN), Rep. Burgess Owens (R-UT), Rep. Scott Perry (R-PA), Rep. Chip Roy (R-TX), Rep. Maria Salazar (R-FL), Rep. Keith Self (R-TX), Rep. Lloyd Smucker (R-PA), Rep. Victoria Spartz (R-IN), Rep. Tom Tiffany (R-WI), Rep. Jill Tokuda (D-HI), and Rep. David Valadao (R-CA). 

    Companion legislation, S.2409, has been introduced in the United States Senate by Senators Angus King (I-ME) and Rand Paul (R-KY).

    Massie raises cattle on his off-the-grid farm in northeast Kentucky. Pingree raises grass-fed beef and chickens on her island farm in North Haven, Maine.

    The text of the PRIME Act is available at this link. 

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Welch Leads Bipartisan Legislation to Exempt Small Businesses from Trump Tariffs on Canada 

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)

    WASHINGTON, D.C. – Today, U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, led Senate Democratic Leader Chuck Schumer (D-N.Y.) and Senators Jeanne Shaheen (D-N.H.), Lisa Murkowski (R-Alaska), Tim Kaine (D-Va.), Susan Collins (R-Maine), Ed Markey (D-Mass.), and Ron Wyden (D-Ore.) in introducing the Creating Access to Necessary American-Canadian Duty Adjustments (CANADA) Act, legislation that would exempt United States-owned small businesses from tariffs imposed on Canada.  
    “Small businesses are the beating heart of Vermont’s economy, and they operate on the thinnest of margins. There’s no way small businesses can be expected to absorb the costs of President Trump’s tariffs. That’s especially true for smaller businesses across our state that rely on strong partnerships with Canada,” said Senator Welch. “This commonsense bill protects America’s Main Street businesses from Trump’s reckless trade war with Canada, and in turn helps Main Street customers.  
    “Instead of lowering costs for families, Trump’s destructive tariffs are raising prices and hurting American small businesses, from small manufacturers to Main Street shops, hotels, and restaurants that sustain thousands of local jobs. Trump’s chaotic trade war is burning bridges and ruining relationships with our closest ally and key trade partner, Canada, while driving away tourists and costing local economies billions. This bill would help restore our cherished relationship with our next-door neighbor and major economic partner, and bring relief to our communities and small businesses,” said Leader Schumer.  
    “President Trump’s tariffs are increasing prices on everyday goods and making it harder for businesses and working families to get by,” said Senator Shaheen. “Canada is New Hampshire’s northern neighbor and largest trading partner, meaning Granite State small businesses are especially hard hit by these blanket tariffs. By shielding small businesses from rising costs incurred by the President’s trade war, our legislation would give Main Street some much-needed relief and certainty to plan for the future and keep their businesses afloat.” 
    “I’ve heard loud and clear from small businesses in Alaska: tariffs are forcing prices to rise and making it difficult to plan long-term,” said Senator Murkowski. “We’re not just neighbors with Canada, we’re partners in everything from trade, tourism, defense, and fishing. I’m hopeful this legislation sends a clear message to the administration that we want to continue this strong partnership by alleviating the effects of these tariffs on our small businesses.” 
    “President Trump’s broad-based tariffs are causing economic chaos, uncertainty, and higher costs for families and businesses,” said Senator Kaine. “I’ve heard from small businesses across Virginia about how Trump’s trade wars have forced them to make tough decisions about how they’ll continue to operate. I’m proud to introduce this bipartisan bill with my colleagues to exempt small businesses from Trump’s tariffs on Canada, one of our closest allies and top trading partners.” 
    “Imposing tariffs on Canada, Maine’s closest trading partner, threatens jobs, drives up costs, and hurts small businesses that have long relied on cross-border cooperation and exchange,” said Senator Collins. “This bipartisan legislation would shield small businesses throughout the country from unnecessary economic harm while preserving the vital trade ties that support so many Maine communities.” 
    “Donald Trump is hell-bent on turning Main Street into Pain Street for America’s small businesses. Trump’s tariffs threaten to supercharge costs in New England and Massachusetts, a region and a state that relies on trade with Canada to meet the bottom line,” said Senator Markey. “Blanket tariffs will only lead to layoffs, closures, and economic pain. That’s not putting America first. I’m proud to join my colleagues to protect small businesses in the Bay State and all of New England from this disastrous trade war.”  
    “Trump’s Canada tariffs don’t make sense for ANYONE, but especially not for American small businesses. Taxes on products from Canada means small businesses in America will pay more for the inputs they use to make things here in the United States – meaning prices will go up, jobs will be lost and small companies will shut down. This is a commonsense bill to exempt small businesses from Trump trade taxes and cushion some of the blow of his senseless trade war with Canada,” said Senator Wyden. 
    President Trump has changed or modified his tariff proposals and policies 28 times in his second term. These tariffs have been difficult to navigate for small businesses across the United States—especially in Vermont, where Canada is the state’s largest trading partner. Tariffs lead to supply chain disruptions, increased costs of goods and materials, smaller profits and higher costs for consumers.  
    The CANADA Act is supported by Main Street Alliance and Small Business Majority. 
    “The relationship between Canada and the United States is a critical one for farmers, small business owners, and Main Streets across the US, but especially in the border states. It is essential for this relationship that US trade policy is predictable, purposeful, and designed to benefit both countries. The erratic, fact-devoid tariff emergencies put into effect by President Trump are making it harder for US businesses to start and operate while not even achieving the goals they claim to have in the first place. The Senate passing the CANADA Act by Sen. Peter Welch is a step in the right direction, with more to do to restore US global leadership and rebuild trust that’s been unfortunately damaged over the past 7 months,” said Shawn Phetteplace, National Campaigns Director, Main Street Alliance. 
    “The constantly shifting tariff policy landscape has left small businesses struggling to plan ahead. Any amount of clarity lawmakers can offer right now, including an exemption for small businesses importing goods from a specific country, would help by giving entrepreneurs some degree of certainty in a chaotic time. If nothing is done soon to help protect small businesses from tariffs, we expect inflation, uncertainty and chaos will crush many small firms, damage America’s economy and cause the loss of countless jobs,” said John Arensmeyer, Founder and CEO, Small Business Majority. 
    In 2024 alone, trade with Canada accounted for 35% of Vermont’s exports, 67% of its imports, and 56% of its total trade. One in four businesses in Vermont relies on trade with Canada. Vermont buys more goods from Canada than the next nine largest foreign markets combined. In 2023, Vermont exported $150 million just in food and agricultural products to Canada.  
    Vermont boasts nearly 82,000 small businesses, which represent 99% of all businesses in the state, and employ over 62% of Vermont’s overall workforce—higher than the national average. Small businesses in Vermont also employ a diverse workforce, with 43.8% of small businesses in the state owned by women and 6% owned by veterans. 
    Senator Welch has blasted Trump’s tariffs and trade war and shared stories from Vermonters about how President Trump’s economic policies have impacted their businesses, farms, and communities. In May, Senator Welch joined a bipartisan delegation and traveled to Ottawa to meet with Canadian dignitaries, including Prime Minister Mark Carney, to discuss bipartisan support for a U.S.-Canada partnership and their commitment to a strong trading relationship between the United States and Canada. The Senator has hosted roundtables in Stowe, Newport, St. Albans, Manchester, and virtually to hear concerns and first-hand stories from Vermont and Canadian leaders impacted by the trade war. 
    Read and download the full text of the bill. 

    MIL OSI USA News –

  • MIL-OSI: Chicken Road Game India – Play and Win Real Money By Chicken Road

    Source: GlobeNewswire (MIL-OSI)

    Gurugram, Haryana, July 24, 2025 (GLOBE NEWSWIRE) —

    Chicken Road Game Introduced to Indian Market

    The Chicken Road Game, a mobile-based casual title, has officially entered the Indian gaming space. The game, designed around a simple premise of navigating a chicken across busy roads and obstacle-filled environments, is now accessible through select digital platforms catering to mobile-first audiences.

    >>> Learn More About Chicken Road Game >>>

    The release comes as India continues to experience rapid growth in mobile and casual gaming, with millions of new players engaging in quick-session titles that require minimal setup or technical expertise.

    >>> Learn More About Chicken Road Game >>>

    Contextualising the Launch Chicken Road Game

    The launch of Chicken Road Game in India coincides with a broader shift toward hyper-casual mobile games that cater to diverse user groups — from urban commuters to players in Tier 2 and Tier 3 cities. With smartphone penetration surpassing 750 million users and data costs remaining among the lowest globally, the Indian market is increasingly attractive for lightweight, instantly accessible gaming formats.

    >>> Learn More About Chicken Road Game >>>

    The game’s structure, based on a universally understandable “cross-the-road” mechanic, reflects the demand for entertainment that is simple to learn, playable in short intervals, and broadly accessible across demographics.

    Format and Accessibility

    Chicken Road Game has been released with a mobile-first approach, optimised for Android devices commonly used across India. The game’s technical requirements remain minimal, allowing smooth operation even on entry-level smartphones and in areas with limited bandwidth.

    Features include:

    • A tap-based control system designed for short bursts of gameplay.
    • Randomised obstacle patterns to ensure varied playthroughs.
    • Lightweight installation size for users with limited device storage.

    The game is accessible for free on supported platforms, with optional ad-supported modes and cosmetic enhancements offered through in-app systems.

    Alignment with Casual Gaming Trends

    India’s gaming landscape has shifted dramatically toward hyper-casual experiences over the last five years. Titles that can be played without prior experience or extended learning curves now represent a significant share of downloads across app marketplaces.

    Chicken Road Game joins this category, offering entertainment that appeals to a broad spectrum of players — including those who may not identify as traditional gamers but engage with digital content during commutes, work breaks, or leisure time.

    Industry analysts note that these formats also help introduce new players to interactive entertainment ecosystems, often serving as an entry point into mobile gaming.

    Regulatory and Market Considerations

    The Chicken Road Game is delivered through established digital platforms that operate within India’s existing guidelines for mobile applications. As a casual, non-real-money title, it falls outside the regulatory frameworks governing online betting and wagering, making it widely accessible across states.

    Platforms distributing the game have incorporated standard user protection measures, including parental control features, to ensure suitability for varied age groups.

    Industry Observations

    The introduction of Chicken Road Game in India highlights the continued growth of quick-session, low-complexity mobile titles. Industry experts view these releases as a key driver for audience engagement, particularly as the country’s gaming audience expands beyond metro hubs to semi-urban and rural markets.

    Developers and publishers are increasingly focused on titles that leverage simple mechanics, low data usage, and universal appeal to build sustainable player bases across diverse regions.

    Conclusion

    The arrival of Chicken Road Game in the Indian market reflects the ongoing evolution of digital entertainment consumption. By combining a straightforward concept with a mobile-first design, the game underscores the role of hyper-casual formats in attracting and retaining players in one of the world’s fastest-growing gaming markets.

    As casual gaming continues to gain momentum, titles like Chicken Road Game represent the type of accessible entertainment that resonates with India’s mobile-first audience.

    Company Name: Chicken Road

    Address: 673, JMD Building, Gurugram, Haryana

    Website: https://chicken-roadd.com

    Email: sumit@chicken-roadd.com

    Phone: +91-2049157035

    Media Contact: Sumit

    Attachment

    The MIL Network –

  • MIL-OSI Submissions: Yellowstone has been a ‘sacred wonderland’ of spiritual power and religious activity for centuries – and for different faith groups

    Source: The Conversation – USA (3) – By Thomas S. Bremer, Professor Emeritus of Religious Studies, Rhodes College

    Beehive Geyser, in the Upper Geyser Basin of Yellowstone National Park. Thomas S. Bremer

    Nearly 5 million travelers come to Wyoming to visit Yellowstone National Park each year, most in the summer months. They come for the geysers, wildlife, scenery and recreational activities such as hiking, fishing and photography.

    However, few realize that religion has been part of Yellowstone’s appeal throughout the park’s history. My 2025 book “Sacred Wonderland” documents how people have long found holiness in Yellowstone: how a landscape once sacred to Native Americans later inspired Christians and New Age communities alike.

    Native reverence – and removal

    Long before European Americans “discovered” the Yellowstone region in the 19th century, numerous Indigenous peoples were aware of its unique landscape – particularly geysers, hot springs and other hydrothermal wonders. Several tribal groups engaged in devotional practices long before it became a park. These included the Tukudika, or Sheep Eaters, a band of mountain Shoshone. They lived year-round within the boundaries of what would become the national park.

    Anthropologists know relatively little about the specific beliefs that Native Americans held about Yellowstone during this era. However, it’s clear most of the Indigenous groups who frequented Yellowstone considered it, as historian Paul Schullery concludes, “a place of spiritual power, of communion with natural forces, a place that inspired reverence.”

    Lower Falls of the Yellowstone River, Yellowstone National Park.
    Thomas S. Bremer

    After the Civil War, more Euro-Americans entered the region. In 1872, the U.S. government created Yellowstone as the first national park, setting a precedent for others in the United States and around the world.

    Yellowstone and other U.S. national parks established in the 19th century were products of manifest destiny: the Christian idea that Americans had a divinely ordained right to expand their country across the continent. The nation’s westward expansion included turning supposedly wild, “uncivilized” areas into parks.

    The park system’s creation, though, came at the cost of Indigenous communities. In Yellowstone, the Tukudika were forcibly removed in the 1870s to two reservations in Idaho and Wyoming, as anthropologists Peter Nabokov and Lawrence Loendorf discuss in their book “Restoring a Presence.”

    Christian ministry

    In addition to the concept of manifest destiny, Christians brought their own religious practices to Yellowstone National Park.

    The U.S. Army was responsible for protecting and managing the park from 1886 to 1918. It operated from Fort Yellowstone at Mammoth Hot Springs in the northern part of the park. The last building it erected at the fort was a chapel, which has been in continuous use as a worship space – mostly for Christian groups – since its completion in 1913.

    The Yellowstone National Park Chapel at Mammoth Hot Springs, finished in 1913, was the last building constructed by the U.S. Army at Fort Yellowstone.
    Thomas S. Bremer

    One group that has used the chapel consistently since the 1950s is ACMNP, A Christian Ministry in the National Parks, an evangelical Protestant parachurch ministry founded in Yellowstone. Its volunteers conduct worship services and proselytize among employees and visitors.

    ACMNP began as the brainchild of Presbyterian minister Warren Ost, who had worked as a bellhop at the Old Faithful Inn during summer breaks in seminary. Upon graduation, he formed the ministry, hoping to capitalize on the awe people experience in the parks to affirm believers’ faith and bring new souls to Christ.

    ACMNP’s mission involves placing seminarians and other students in national parks as “worker-witnesses.” They work as paid employees in secular jobs and conduct religious activities after their regular working hours. Additionally, they are encouraged to talk about religion with their fellow workers on the job.

    ACMNP experienced rapid growth in the 1950s and 1960s, boosted by support from National Park Service leadership. Cooperation included reduced-cost housing for their volunteers, and in some parks the superintendents or other high-level officials served on local ACMNP committees.

    At its peak in the 1970s, ACMNP had nearly 300 volunteers working in over 50 locations. However, a federal lawsuit in the 1990s challenged its relationship with the government on the grounds of church-state separation and ended some of the privileges ACMNP had enjoyed. Not long after the legal action, Ost announced his retirement.

    Although the organization has scaled back operations, the ministry in Yellowstone has experienced few changes. ACMNP volunteers continue to offer religious services to park employees and visitors throughout the summer.

    Spiritual fortress

    Another religious group has a very different interpretation of Yellowstone. The Church Universal and Triumphant, which had several thousand members at its height, was founded by Elizabeth Clare Prophet in the 1970s, based on the teachings of her late husband, Mark Prophet.

    The Church Universal and Triumphant is an heir to the “I AM” movement, which flourished in the U.S. during the 1930s. Most prominent among I AM’s influences were theosophy, which promotes esoteric knowledge gleaned from Asian religious traditions as a universal wisdom underlying all religions; new thought, which advocates a mind-over-matter spirituality; and spiritualism, which involves communicating with spirits.

    In the 1980s, Prophet’s followers relocated from California to Montana, where they purchased a large ranch adjacent to Yellowstone National Park’s northwest boundary. With them, they brought an eclectic New Age theology that combines elements of Christianity, Buddhism and Hinduism with belief in “ascended masters,” spiritual beings who guide the church. The group’s tradition teaches that beneath Yellowstone are two underground caverns, hidden from human view, that contain a cache of sacred stones with spiritual powers.

    The Church Universal and Triumphant gained attention in the ‘90s when its believers in Montana built underground bunkers. Members believed that their ascended masters had predicted a nuclear war and had instructed the community to prepare to survive underground. When the prophecy of a nuclear attack did not materialize, many members became disillusioned.

    The group struggled to rebuild its reputation and establish goodwill with Montana neighbors, including the National Park Service. Elizabeth Clare Prophet retired in 1999, and since then the church has concentrated more on its publishing and educational enterprises. However, a core community of the faithful still live and worship on their Royal Teton Ranch adjacent to Yellowstone.

    The main church sanctuary at Church Universal and Triumphant headquarters, just outside Yellowstone National Park.
    Thomas S. Bremer

    Although the community teaches that its Montana ranch is a sacred location of the ascended masters, followers’ holiest place in the Western Hemisphere is roughly 35 miles south of Yellowstone, in Grand Teton National Park. They believe humanity began at Grand Teton Mountain and that the faithful will find their destiny there.

    Accordingly, members believe that Yellowstone and Grand Teton national parks are brimming with spiritual powers, sacred sources of light and energy for the entire world.

    In my conversations with people in the park, I found that very few knew anything about Yellowstone’s religious history at all – especially Native American practices. The ongoing practices of religious communities in the park remain invisible to nearly all visitors. Still, many vacationers interpret Yellowstone’s wonders as evidence of God’s handiwork.

    Thomas S. Bremer received funding in the past to conduct historical research for the National Park Service at Lincoln Home National Historic Site in Springfield, Illinois.

    – ref. Yellowstone has been a ‘sacred wonderland’ of spiritual power and religious activity for centuries – and for different faith groups – https://theconversation.com/yellowstone-has-been-a-sacred-wonderland-of-spiritual-power-and-religious-activity-for-centuries-and-for-different-faith-groups-261045

    MIL OSI –

  • India and UK sign landmark trade deal: How CETA could benefit different sections of society

    Source: Government of India

    Source: Government of India (4)

    India and the United Kingdom have inked a landmark Comprehensive Economic and Trade Agreement (CETA), aimed at boosting bilateral trade and investment. The deal is expected to bring substantial benefits across various segments of Indian society.

    By promoting greater market access, technology exchange and investment flows, the agreement would create inclusive and sustainable growth opportunities.

    The CETA document outlines targeted advantages for farmers, fisherfolk, tribal communities, informal and formal workers, women entrepreneurs, youth, MSMEs and professionals.

    It emphasizes trade facilitation, skill development, value chain integration and enhanced mobility. CETA would act as a vehicle for equitable growth, rural upliftment and greater global integration of India’s diverse economic stakeholders.

    Indian farming communities stand to gain from easier access to the UK market and more opportunities to sell their produce due to tariff elimination.

    Among other concessions, the UK will liberalise access, effective from the date of implementation, for a range of Indian agricultural and food products, including meats, dairy, tea, coffee, spices, fruits, vegetables, fruit juices, and processed foods. By unlocking preferential access to the UK’s USD 63.4 billion agricultural market, the Comprehensive Economic and Trade Agreement (CETA) gives Indian farmers a direct route to a high-value global customer base and achieve better returns for their goods.

    The CETA agreement takes fully into account the interests of Indian producers of sensitive agricultural products like dairy products, vegetables, apples, edible oils, oats, etc. by keeping those tariff lines under a sensitive list.

    The agricultural sector also benefits from the non-application of safeguard duties on Indian exports. Farmers will also benefit from commitments taken under the CETA to acknowledge traditional knowledge, especially in the patent process for genetic resources.

    The immediate removal of duties on Indian products from labour-intensive sectors such as gems and jewellery, textiles, leather and footwear, and food processing will not only boost employment but also directly benefit Indian workers in these industries.

    The CETA marks a significant step forward in advancing opportunities for women and youth across both nations. It includes progressive provisions designed to break down barriers and promote greater participation in international trade, digital innovation, and government procurement for women, youth, and under-represented groups.

    By fostering cooperation on gender-responsive standards, sharing best practices in financial services, and improving digital inclusion, the CETA ensures that women business owners, entrepreneurs, and young professionals can access new markets, acquire valuable information, and participate equitably in global, regional, and domestic economies.

    India’s youth, aged 15 to 29 and comprising approximately 27.3% of the population, are at the forefront of the country’s social and economic transformation. The CETA is poised to expand high-quality employment pathways for Indian youth by easing services market access, securing mutual recognition of professional qualifications and facilitating short-term mobility for talent in IT, healthcare, finance, and creative sectors.

    Lower tariffs on inputs and advanced manufacturing equipment can spur MSME supply-chain integration, creating skilled vocational jobs beyond metros. By fostering access to global value chains and enhancing competitiveness, CETA will empower Indian youth with essential skills and pathways to participate in international markets and future growth.

    SMEs are a vital part of India’s economy, contributing around 30.1% of India’s GDP in 2022-23 and 45.8% in India’s total export in 2024-25.

    SMEs benefit from various provisions of the CETA, including through provisions on faster processing at customs, agreements to recognise and facilitate digital systems and paperless trade, and a dedicated chapter to help SMEs. A contact point for SMEs will be established under the ambit of the CETA, facilitating communication and coordination benefiting SMEs.

    Indian businesses will gain a lot from this CETA. Other than lower tariffs and market access for Indian goods and services, the CETA offers ease of doing business with the UK through simplified and streamlined customs and trade facilitation processes from established systems like a Single Window and Authorised Economic Operator.

    Non-discriminatory treatment to Indian businesses and exporters when it comes to goods, services and government procurement, benefits Indian businesses in the UK market.

    Qualified professionals such as architects, engineers and medical professionals will be able to take advantage of the enhanced market access under the CETA and provide services in the UK. This is expected to create direct and indirect jobs through the expansion of service sectors.

    CETA also provides professionals with better mobility access to the UK. Independent professionals providing services such as R&D and computer services will be able to take advantage of these mobility commitments and provide their services in the UK. This will directly lead to job creation and better opportunities for a wide range of professionals, thereby increasing the quality of life.

    The CETA ensures comprehensive market access for goods across most sectors, fully addressing India’s export interests. India stands to benefit from the duty elimination of tariffs on approximately 99% of tariff lines, covering nearly 100% of the trade value.

    This opens up significant opportunities to boost bilateral trade between India and the UK.

    In key labor-intensive sectors, duties have been reduced to zero from previously high levels- up to 20% on marine products, 12% on textiles and clothing, 8% on chemicals, and 10% on base metals. Notably, in the processed food sector, tariffs on 99.7% of lines have been slashed from as high as 70% to zero, offering a major boost for Indian exporters.

    (ANI)

  • India-UK CETA to boost Indian farmers’ global access and rural prosperity

    Source: Government of India

    Source: Government of India (4)

    The India–UK Comprehensive Economic and Trade Agreement (CETA) will open new avenues of growth for Indian farmers. Focused on tariff elimination and improved market access, the deal promises to connect Indian agricultural producers with the UK’s high-value market, enhance rural prosperity, and strengthen India’s position in global agri-trade.

    Farmers – sow local, sell global

    Indian farming communities stand to gain from easier access to the UK market and more opportunities to sell their produce due to tariff elimination. Among others, UK will liberalise at entry into force Indian meats, dairy products, tea, coffee, spices, fruits, vegetables, fruit juices, and processed agriculture products. By unlocking preferential access to the UK’s USD 63.4 billion agricultural market, the CETA gives Indian farmers a direct route to a high-value global customer base and achieve better returns for their goods.

    The agreement takes fully into account the interests of Indian producers of sensitive agricultural products like dairy products, vegetables, apples, edible oils, oats, etc. by keeping those tariff lines under sensitive list.

    The agricultural sector also benefits from the non-application of safeguard duties on Indian exports. Farmers will benefit from commitments taken under the CETA to acknowledge traditional knowledge, especially in the patent process for genetic resources.

    Additionally, the CETA will facilitate inclusive and tech-agnostic innovation across diverse sectors, including agriculture sector.

    Collectively, the CETA is expected to ensure higher and more stable incomes for Indian farmers, promote rural prosperity, and secure long-term export opportunities—solidifying India’s place as a key player in global agricultural trade.

  • MIL-OSI Security: Defense News in Brief: Surging airpower in the Pacific: Lamontagne observes allied mobility in action

    Source: United States Airforce

    The commander of AMC visited the 515th AMOW squadrons during the U.S. Air Force Department-Level Exercise, to see how the Pacific-oriented AMC wing conducts an operational surge.

    JOINT BASE PEARL HARBOR-HICKAM, Hawaii (AFNS) —  Gen. Johnny Lamontagne, Air Mobility Command commander, visited the 515th Air Mobility Operations Wing during a recent stop in the Indo-Pacific theater to observe the U.S. Air Force’s 2025 Department-Level Exercise series — this first-in-a-generation exercise series is designed to test the service’s ability to rapidly deploy at speed and scale and sustain global operations.

    The 515th AMOW, headquartered in Hawaii, plays a pivotal role in enabling air mobility across the Indo-Pacific region. Lamontagne’s visit focused on how air mobility squadrons operate during surge conditions and how they integrate with allies and partners to move critical capabilities where they are most needed.

    “Hosting General Lamontagne was a great chance to show how our Airmen rise to the challenge,” said Col. Jens Lyndrup, 515th AMOW commander. “They surge, adapt and deliver — with our allies by their side — and they do it with incredible precision and pride.”

    Lamontagne echoed that sentiment, praising the dedication and resilience of Airmen across the theater

    “The Airmen are what impress me, period,” Lamontagne said. “The Airmen of the air mobility squadrons are fully executing the mission in tough environments during a very challenging exercise, helping the Department of the Air Force come together in a big way.”

    With contested logistics becoming a central theme in defense planning, Lamontagne emphasized the 515th AMOW’s unique role in scaling operations and reinforcing key nodes in support of U.S. and allied objectives.

    “We couldn’t execute this large-scale exercise without the AMOW out here in the Pacific,” he said. “There’s no way we could project power at this scale without the 515th AMOW. They do an indispensable job surging capability where it’s needed, delivering greater throughput, capacity and operational reach.”

    Close coordination with international partners was also a key focus of the visit. Lamontagne highlighted the strong relationship between the 730th Air Mobility Squadron, based at Yokota Air Base, Japan, and the Japan Air Self-Defense Force.

    Gen. Johnny Lamontagne, Air Mobility Command commander receives a brief from Master Sgt. Travis Alton, 735th Air Mobility Squadron aerial port section chief during a squadron visit at Joint Base Pearl Harbor-Hickam, Hawai’i, July 12, 2025. Lamontagne visited the 515th Air Mobility Operations Wing squadrons during the U.S. Air Force Department-Level Exercise, to see how the Pacific oriented AMC wing conducts an operational surge. (U.S. Air Force photo by Staff Sgt. Victoria Cowan)
    Gen. Johnny Lamontagne, Air Mobility Command commander receives a brief from Airmen assigned to the 735th Air Mobility Squadron aircraft maintenance unit at Joint Base Pearl Harbor-Hickam, Hawai’i, July 12, 2025. Lamontagne visited the 515th Air Mobility Operations Wing squadrons during the U.S. Air Force Department-Level Exercise, to see how the Pacific oriented AMC wing conducts an operational surge. (U.S. Air Force photo by Staff Sgt. Victoria Cowan)
    Airmen assigned to the 735th Air Mobility Squadron aircraft maintenance unit brief Gen. Johnny Lamontagne, Air Mobility Command Commander during a squadron visit at Joint Base Pearl Harbor-Hickam, Hawai’i, July 12, 2025. Lamontagne visited the 515th Air Mobility Operations Wing squadrons during the U.S. Air Force Department-Level Exercise, to see how the Pacific oriented AMC wing conducts an operational surge. (U.S. Air Force photo by Staff Sgt. Victoria Cowan)

    “The 730th AMS has a great relationship with their Japanese counterparts, and we had the opportunity to meet with a couple of their three-stars who run their Air Defense Command and Air Support Command,” Lamontagne said. “They help us present forces at the tactical level and enable success at the operational and strategic levels very effectively each and every day.”

    As competitors challenge U.S. military advantage in the region, Lamontagne emphasized the scale, speed and effectiveness of American airpower.

    “No other air force can do it at the scale and on the timeline that our Air Force can,” he said. “Operating as one big Air Force to do what our nation needs us to do is really where it’s at.”

    From enabling deterrence to sustaining operations at the tactical edge, the 515th AMOW and its network of mobility Airmen remain a critical part of the United States’ ability to project power — anytime, anywhere.

    MIL Security OSI –

  • MIL-OSI Asia-Pac: Guangdong, Hong Kong, Macao Health, Animal and Plant Quarantine and Food Safety Control Meeting 2025 held online

    Source: Hong Kong Government special administrative region – 4

    The Guangdong, Hong Kong, Macao Health, Animal and Plant Quarantine and Food Safety Control Meeting 2025 was held online for two consecutive days and concluded today (July 24). Representatives from the three places shared experiences and exchanged views on various topics within the fields of health, animal and plant quarantine, and food safety control. The three places agreed to further strengthen exchanges and co-operation.

    Speaking at the meeting, the Permanent Secretary for Environment and Ecology (Food), Ms Irene Young, said that with the acceleration of the integration process of the Guangdong-Hong Kong-Macao Greater Bay Area, the movement of people, trade in goods, and economic interactions among the three places have become increasingly frequent. The governments of the three places have been working closely together in areas such as health, animal and plant quarantine, and food safety control, achieving significant results across various fields. The meeting enabled experts from the three places to exchange insights, taking the collaboration to new heights.

    The Controller of the Centre for Health Protection of the Department of Health, Dr Edwin Tsui, also said at the meeting that the meeting would further strengthen collaboration on health quarantine between Guangdong, Hong Kong and Macao. This will help build a robust cross-boundary public health protection system that safeguards the health and safety of people travelling to and from the three places, creating a “Healthy Bay Area”.

    Representatives from the Mainland and the Macao Special Administrative Region (SAR) attending the meeting included the Deputy Director General of the Guangdong Sub-Administration of the General Administration of Customs of the People’s Republic of China, Mr Feng Guoqing; the Acting Chairman of the Administration Committee on Municipal Affairs of the Municipal Affairs Bureau of the Macao SAR Government, Mr Mak Kim-meng; and the Director of the Centre for Disease Prevention and Control of the Health Bureau of the Macao SAR Government, Dr Leong Iek-hou.

    Other representatives from Hong Kong were the Director of Food and Environmental Hygiene, Mr Donald Ng; the Director of Agriculture, Fisheries and Conservation, Mr Mickey Lai; and Acting Controller of the Centre for Food Safety, Dr Yonnie Lam and Dr Terence Cheung.

    The Guangdong, Hong Kong, Macao Health, Animal and Plant Quarantine and Food Safety Control Meeting is held every two years.

    MIL OSI Asia Pacific News –

  • MIL-OSI: CLEAR, an Official TSA PreCheck® Enrollment Provider, Expands Enrollment and Renewal Options by Opening a New Location at Aventura Mall in South Florida

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 24, 2025 (GLOBE NEWSWIRE) — CLEAR (NYSE: YOU), an authorized TSA PreCheck® enrollment provider, continues to expand locations outside the airport environment to enroll and renew consumers in the Trusted Traveler program by opening a new location at Aventura Mall in Aventura, Florida. This complements CLEAR’s 62 airport-based enrollment and renewal locations across the U.S., and CLEAR’s additional flagship locations outside of the airport.

    The launch of this new enrollment location represents the ongoing expansion of CLEAR’s national TSA PreCheck enrollment footprint. Throughout 2025, CLEAR expects to continue delivering convenience to consumers by launching additional locations and extended hours of operation for enrollment and renewals.

    “TSA PreCheck through CLEAR provides a fast and efficient travel experience,” said Kyle McLaughlin, Executive Vice President of Travel and Aviation at CLEAR. “We’re excited to bring this trusted traveler program to Aventura Mall, one of South Florida’s premier shopping destinations. By expanding TSA PreCheck enrollment beyond airports, we’re making it easier and more convenient than ever for people to enroll or renew—helping them move through security faster and with less friction.”

    “At Aventura Mall, we’re continually looking for ways to enhance and simplify the guest experience,” said an Aventura Mall spokesperson. “The addition of TSA PreCheck enrollment through CLEAR is a natural extension of our commitment to providing elevated benefits and enhanced access to better serve our guests.”

    Located in the lower level of Aventura Mall, the enrollment local hours are Monday through Saturday from 11 a.m. ET to 7 p.m. ET and Sunday from noon ET to 7 p.m. ET. Look for the TSA PreCheck through CLEAR standing banners and pods.

    TSA PreCheck members benefit from the convenience of keeping shoes, belts and light jackets on through the airport security checkpoint, and keeping laptops and 3-1-1 compliant liquids in carry-on bags. Members typically get through security screening much faster, with about 99% of members waiting less than 10 minutes at airport checkpoints nationwide.

    New TSA PreCheck applicants can pre-enroll or find an enrollment location by visiting CLEAR’s authorized TSA PreCheck website, https://tsaprecheckbyclear.tsa.dhs.gov/. Most existing TSA PreCheck members can renew directly on the website, regardless of the provider they enrolled with originally.

    A list of CLEAR enrollment locations for TSA PreCheck is included below, and on the CLEAR, TSA PreCheck website: https://tsaprecheckbyclear.tsa.dhs.gov/locations.

    About TSA PreCheck®
    TSA PreCheck is a Department of Homeland Security (DHS) Trusted Traveler program that allows enrolled travelers expedited screening through airport security. TSA PreCheck lanes are located at over 200 airports with nearly 90 airlines participating. Since TSA first launched the TSA PreCheck application program as a DHS Trusted Traveler Program for low-risk travelers in December 2013, active membership in the program has grown to more than 20 million members.

    About CLEAR
    CLEAR’s mission is to strengthen security and create frictionless experiences. With over 31 million Members and a growing network of partners across the world, CLEAR’s identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you – making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we never sell Member data. For more information, visit clearme.com.

    About Aventura Mall
    Voted the Best Mall by USA TODAY 10Best Readers’ Choice Awards, Aventura Mall continues to set the standard as the premier shopping destination in Miami and South Florida—and one of the top shopping centers in the U.S. Anchored by Nordstrom and Bloomingdale’s, the center is highlighted by a mix of over 300 stores, from luxury fashion brands to shopper favorites, including the largest Apple store in Florida, the first Eataly in Florida, SKIMS, Alo, Zara, Adidas, Aritzia, Prada, BVLGARI, Burberry, Cartier, Givenchy, Gucci, Hermès, Louis Vuitton, Nike, Ralph Lauren, Saint Laurent and Valentino. Aventura Mall also features more than 50 eateries and restaurants, including Treats Food Hall; The Aventura Farmers Market, which showcases dozens of farmers and artisans; and the experiential Arts Aventura Mall program, highlighting 25+ museum-quality pieces in a range of mediums, which guests can enjoy via a self-guided ArtWalk audio tour. Visit AventuraMall.com for more information.

    Forward-Looking Statements
    This release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any and such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments and events may differ materially from those in the forward-looking statements as a result of various factors, including those described in the Company’s filings within the Securities and Exchange Commission, including the sections titled “Risk Factors” in our Annual Report on Form 10- K. The Company disclaims any obligation to update any forward-looking statements contained herein.

    CLEAR
    media@clearme.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

  • MIL-OSI Europe: Hearings – Promotion of EU farm products – 14-07-2025 – Committee on Agriculture and Rural Development

    Source: European Parliament

    The Committee on Agriculture and Rural Development holds a hearing on Promotion of EU farm products, on 14 July.

    The European Union’s agricultural promotion policy aims to support the EU’s agricultural sector by encouraging the consumption and visibility of EU agricultural products, both within the Union and abroad. Five experts will share their experience and insights. Among other matters, they will help the AGRI members to assess whether the general and specific objectives of the promotion policy remain relevant in view of a possible reform.

    MIL OSI Europe News –

  • MIL-OSI Europe: Cocoa with a conscience: Funding fair and forest‑friendly beans

    Source: European Investment Bank

    The European Union has taken steps to combat deforestation and child labour through the Sustainable Cocoa Initiative and the Alliance for Sustainable Cocoa. Those initiatives call on countries like the Ivory Coast and Ghana, which produce 60% of the world’s cocoa, to improve oversight of the sector, combat deforestation and child labour, and ensure decent incomes for farmers. Exporters will also have to comply with a new European regulation on deforestation, which is expected to go into force in 2026.

    In parallel, the Ivorian government has embarked on an “ambitious initiative” to implement new African standards that trace crops across cocoa-producing regions and improve environmental protection, says Sylvain Caurla, an agroforestry engineer with the European Investment Bank who works on sustainable cocoa and reforestation projects in the Ivory Coast.

    “Cocoa has been a major driver of deforestation in recent decades,” Caurla says. “But cocoa is also a major contributor to Ivorian GDP. There is a world strategy around protecting forests, but also producing cocoa in a different way, a sustainable way – a way that provides a decent livelihood for communities that depend on it.”

    The EIB’s loan to BNI was approved in September 2024, just in time for the main cocoa harvest season, which lasts from October to March. In a few weeks, BNI was able to put together projects – loans for agricultural cooperatives and others – accounting for about 90% of the EIB funds, says Marc-Antoine Coursaget, the loan officer in EIB Global who is handling the investment.

    Around 60% of the financed cooperatives are led by young entrepreneurs or employ a significant number of young people, while 40% are either led by women or have a large number of women in the workforce.

    The EIB and Agence Française de Développement will also provide technical assistance to help BNI strengthen its environmental and social management system and enable cocoa producers meet EU requirements and the demands of international certifications. Those regulations and certifications are designed to curb cacao’s incursion into Ivory Coast’s rainforest, which has shrunk by more than 80% since 1960, with devastating consequences for biodiversity.

    Ivory Coast has embarked on vast programmes of reforestation to counter the loss. The EIB is providing €150 million to support the country’s forest preservation, rehabilitation and expansion strategy.

    “The European Union has two main priorities in Ivory Coast: one is the Sustainable Cocoa Initiative and the second is low-carbon transition,” Coursaget says. “And when you fight deforestation, you also help reduce carbon emissions.”

    MIL OSI Europe News –

  • MIL-OSI Africa: South Africa publishes new regulations on meat analogue products

    Source: Government of South Africa

    The Department of Agriculture has published regulations governing the sale of meat analogue products in South Africa.

    The regulations, published under Government Gazette Notice R. 6436 on 18 July 2025, follow a series of consultative meetings with all affected stakeholders, including the red meat industry.

    The regulations set out minimum standards for meat analogues and prescribe the labelling requirements, and compliance to the standards for meat when presented for sale.

    According to the department, any product labelled as a “meat replacer,” “meat substitute,” “meat alternative,” “plant-based protein,” or any similar terminology on the main display panel, must contain a minimum of 9% protein.

    “The meat analogue products, also known as meat substitutes, mock meat, faux meat, or imitation meat, were initially defined in the Processed Meat Regulations as a product that approximates the aesthetic qualities (primary texture, flavour and appearance) and/or chemical characteristics of a specific type of meat.

    “These products are derived from non-meat ingredients, sometimes without dairy products and are available in different forms (coarse ground meat analogues, emulsified meat analogues and loose fill, etc.),” the department said in a statement on Wednesday.

    The regulations specify acceptable product descriptors, allowing terms such as hot dogs, chipolatas, bites, steaks, pops, balls rounds, pieces, tenders, burgers, patties, sausages, bangers, griller loafs, polonies, mince, roasts, schnitzels and products named according to shapes, like frikkadel wheels, discs, nuggets, rolls and sizzlers.

    “The use of these names shall be permitted with the use of names that describe the meat analogues and, if necessary, their use, and which are sufficiently clear to enable consumers to determine their true nature so that they are distinguishable from other products.”

    The product names must not include references to specific animal species, cuts, or morphology. The words or expressions such as “chicken-style,” “beef-style,” “chick’n,” and “b*con”, or any similar wording referring to animal species or meat products, are prohibited under the Agricultural Product Standards Act, 1990 (Act No. 119 of 1990).

    Until advised otherwise, departmental inspectors will oversee the enforcement of the regulations, considering that “there is currently no designated assignee.”

    The Food Safety Agency will monitor compliance with labelling standards for both meat analogues and processed meats, while the Border Management Authority will enforce rules pertaining to imports.

    The department emphasised that the publication of these regulations should be welcomed and appreciated by all affected stakeholders, as it brings the necessary clarity required for the trade of meat analogues and meat products.

    “Consumers will enjoy the protection from the sale of misleading products. Furthermore, the publication of the Meat Analogue Products Regulations will foster confidence in the sale of meat analogues and meat products in South Africa.” – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Holidaymakers heading to Europe urged to help protect British farmers by not bringing back meat and dairy products

    Source: United Kingdom – Executive Government & Departments

    Press release

    Holidaymakers heading to Europe urged to help protect British farmers by not bringing back meat and dairy products

    Call for holidaymakers to follow rules introduced to help protect farmers from Foot and Mouth

    UK holidaymakers heading to Europe this summer are being urged to help protect British farmers from Foot and Mouth disease by not bringing back meat and dairy products 

    Europe has seen a wave of cases impacting Hungary, Austria and Germany, and the UK Chief Vet is today (July 24th) urging the British public to comply with the rules, so we avoid a devastating outbreak like the one that was experienced in 2001. 

    Foot and Mouth disease is a highly contagious viral disease that can, in some cases, kill cattle, sheep, pigs and other cloven-hoofed animals. It can be carried in animal products – including meat, dairy products and some processed food. The virus can remain viable for months and can rapidly spread through contaminated objects and the movement of people.  

    It is illegal for travellers entering GB to bring with them untreated meat or dairy products including lamb, pork, mutton, venison and goat meat, and all other products made from these meats or containing them – such as sandwiches and sausages – from the EU, regardless of whether they are packed, packaged or have been bought at duty free.     

    This includes products such as cheese, chorizo, salami, serrano ham, pâté, yoghurt, butter, milk, and sandwiches containing any of the banned meats.  

    These strict rules were introduced due to the toll Foot and Mouth can have on the farming industry . An outbreak could result in the culling of large numbers of the country’s livestock and cost the UK economy billions of pounds in production shortfalls, lost trade and disease control. The outbreak in GB in 2001 is estimated to have cost £15 billion (in current prices) in disease control costs alone.  

    Biosecurity Minister, Baroness Hayman, said: 

    Maintaining the integrity of our biosecurity against Foot and Mouth Disease is essential, and this updated control strategy reflects our strengthened approach to managing that risk. It reflects our clear determination to safeguard our borders. 

    We are asking the public to take this seriously. Do not bring prohibited animal or plant products into the country—doing so puts farmers livelihoods at risk.

    UK Chief Veterinary Officer Christine Middlemiss said:  

    Foot and Mouth disease has been recently circulating on the continent. The disease presents a significant risk to Britain’s food security and economy. 

    This highly contagious disease causes considerable suffering to livestock and has a devastating economic and personal impact on farmers, who lose their prized animals.  I know it is disappointing not to be able to bring back produce from your holidays, but please avoid temptation – you will be doing your bit to help protect our hard-working farmers.

    To further strengthen the country’s response to foot and mouth disease, the Government has today updated the Foot and Mouth Control Strategy for GB which will support the UK’s ability to prevent, detect, and respond to an outbreak, protecting the livestock industry and rural economy. This is the first update in over a decade. This comes ahead of an exercise later this year to test Government preparedness. The updated framework provides information to help farmers protect their business and outlines how government will respond effectively to outbreaks. 

    Last month, the Government announced £1bn funding for a new investment programme to build a new National Biosecurity Centre – a cutting-edge scientific campus in Surrey that will serve as the UKs foremost animal biosecurity facility. This will better protect the public and farmers from animal disease by enhancing the country’s detection, surveillance and control capabilities for high-risk animal diseases, such as avian influenza, foot and mouth disease, and African swine fever, and enhance our ability to manage concurrent disease outbreaks. 

    Foot and mouth disease is a notifiable disease and must be reported. If you suspect foot and mouth disease in your animals, you must report it immediately by calling:    

    • 03000 200 301 in England     

    • 0300 303 8268 in Wales     

    • your local  Field Services Office in Scotland 

    ENDS 

    Notes to editors – current restrictions  

    • Travellers are currently banned from bringing all dairy products and some meats from the European Union (EU) into GB. These restrictions aim to prevent the introduction of FMD and other harmful animal diseases such as ASF, PPR and LSD.   

    • It is illegal for travellers entering GB (not Northern Ireland) to bring with them lamb, pork, mutton, venison and goat meat, and all other products made from these meats or containing them – such as sandwiches and sausages – from the EU, regardless of whether they are packed, packaged or have been bought at duty free.     

    • This includes products such as cheese, chorizo, salami, serrano ham, pâté, yoghurt, butter, milk, and sandwiches containing any of the banned meats.  

    • The current restrictions were introduced in April in response to rising cases of FMD in Europe, and to protect the health of British livestock, the security of farmers, and the UK’s food security. Restrictions on travellers bringing back certain meat and dairy products were already in place to curb the spread of ASF and PPR in Europe.   

    • Travellers are also banned from bringing any meat, meat products, milk or milk-based products into GB from countries outside the EU, Switzerland, Norway, Iceland, Liechtenstein, the Faroe Islands and Greenland.  

    • Border Force will check for prohibited goods as part of customs checks. Travellers found with prohibited items must surrender them at the border or have them seized and destroyed. In serious cases, those found with such may be fined up to £5,000 in England or prosecuted across GB.  

    • The government continues to work closely with ports, airports and travel operators to raise awareness of the ban, including via prominent signage.  

    • The measures will stay in place until the personal import of affected products no longer poses a significant biosecurity risk to GB.  

    • The restrictions do not apply to travellers arriving into GB from Northern Ireland, Jersey, Guernsey, or the Isle of Man.  

    • The measures apply only to personal imports, e.g. goods that travellers bring back with them from holiday. Commercial food imports must undergo other biosecurity requirements, including heat treatments and accompanying export health certificates signed by official veterinarians to mitigate the risk of diseases, such as FMD, ASF, PPR and LSD.  

    • More information for travellers arriving from the EU can be found here: https://www.gov.uk/bringing-food-into-great-britain/meat-dairy-fish-animal-products

    Updates to this page

    Published 24 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Africa: Eswatini: How cash and voucher assistance is empowering women to rebuild after calamity

    Source: APO


    .

    In the southern African nation of Eswatini, cash and voucher assistance is making a real difference in people’s lives, particularly those most vulnerable after crisis. ‘It’s not just about fairness—it’s about effectiveness.’

    Even before the floods, life for Banele Mamba was hard enough. But then the floodwaters came and the 31-year-old mother of five had to cope with extensive damage to her family’s home. 

    “Water would seep in through the house,” she says. “I was so worried—especially because I live with chronic illness. I didn’t want the children to get sick from flu, cholera or other diseases.”

    Banele Mamba was able to fix some of those leaks, make other critical repairs and restock her pantry with support that came in the form of cash and voucher assistance provided by the Baphalali Eswatini Red Cross Society.

    The Red Cross here has been working in partnership with the IFRC Pretoria Delegation, as part of the EU-funded Pilot Programmatic Partnership (ECHO PPP), to deliver cash and vouchers to people impacted by recent floods.

    Unlike other forms of relief aid such as food or household supplies, cash transfer and vouchers give people such as Banele the power to decide what her families need most following times of crisis. 

    Delivered through mobile money transfers, both the cash and voucher components are redeemed in cash form. This approach empowers families while also supporting the local economy through increased purchasing at community shops and markets. 

    For Banele Mamba, the flexibility of cash support made a world of difference. She used part of the funds to seal parts of the leaking roof and reinforce the walls to prevent water from seeping in during heavy rains. 

    She also used the cash to buy essential food items and toiletries—products that she previously struggled to afford consistently. In months when the household budget was tight, she was therefore able to avoid borrowing from local money lenders. 

    “We believe that people affected by crises are the best placed to decide their needs,” says Tebukhosi Dlamini, Safe and Inclusive Programming Officer at Baphalali Eswatini Red Cross Society. 

    While the EU provided funding, the IFRC contributed technical guidance and policy review support to the Eswatini National Society during the planning and implementation of the programme. In doing so, the IFRC Pretoria delegation applied a protection- and gender-sensitive lens across all stages of the programmatic partnership. 

    “By applying protection and gender-sensitive principles, we ensure that women like Banele are not only included but prioritized in the selection processes,” Dlamini added.

    Putting inclusion into practice

    Women-headed households, survivors of gender-based violence, caregivers of orphaned children, and other at-risk groups were given high priority, recognizing people in these situations often face greater risks and barriers to recovery. 

    “Focusing on women and other vulnerable groups is not just about fairness—it’s about effectiveness,” says Boitumelo Phihlela, who works as focal person for protection, gender and inclusion, as well as community engagement and accountability, for the IFRC’s Pretoria Delegation. 

    “When we prioritize those most at risk, we strengthen the entire community’s resilience. Women, in particular, play a vital role in family and community wellbeing, so supporting them directly creates a ripple effect of positive change. 

    “This approach also ensures that protection and dignity are central to our response, which is key to building trust and long-term recovery.”

    The process is guided by inclusive criteria co-developed with the communities, which then participates in applying these standards to all aspects of the initiative.

    Continued learning and improvement: Key lessons learned

    The cash and voucher assistance programme in Eswatini fits in with larger efforts to continually improve the way the IFRC works with, supports and accompanies communities following crisis.

    The IFRC Pretoria Delegation and its partners, for example, also use this inclusive mindset – along with cash and voucher assistance – to strengthen long-term resilience local farmers in four other countries in southern Africa (Lesotho, Botswana, South Africa and Namibia). 

    The support also comes in the form of seeds and other agricultural inputs—ensuring communities are not only surviving today but are better prepared for the future. 

    Here are a few of the key takeaways from the IFRC Pretoria delegation’s three-year Programmatic Partnership collaboration.

    • Embed protection, gender and inclusion principles throughout all stages of programme design and implementation —ensuring that the unique needs, risks, and capacities of different groups, particularly women, children, people with disabilities, and other vulnerable populations, are considered and addressed.
    • Prioritize proactive, inclusive community engagement where feedback mechanisms are not only established but also trusted and accessible to all segments of the population.
    • Strengthen the feedback loop by ensuring community input is used to inform and adjust programming. The use of community feedback is needed to shape programming decisions which helps build trust and ensures greater accountability to target populations. In one farming community, for example, people noted that the seeds initially provided were not suited to their local soil and climate conditions, which affected crop growth. Upon hearing this, the Red Cross programme adapted by sourcing and distributing more appropriate seed varieties, improving harvest outcomes and reinforcing the community’s trust that their feedback leads to real changes.

    “It’s not enough to have feedback systems—we must make them visible, trusted, and use them to shape decisions,” said the IFRC’s Phihlela. “That’s how we build real accountability.”

    Read more about cash and voucher assistance at the IFRC

    Learn more about the Programmatic Partnership

    Distributed by APO Group on behalf of International Federation of Red Cross and Red Crescent Societies (IFRC).

    MIL OSI Africa –

  • MIL-OSI: Australian Life Sciences Venture Capital firm Brandon Capital announces Fund Six final close totalling over A$439m

    Source: GlobeNewswire (MIL-OSI)

    MELBOURNE, Australia, July 24, 2025 (GLOBE NEWSWIRE) — Brandon Capital, Australasia’s leading life sciences venture capital firm, today announced the final close of its sixth fund at A$439 million.

    Joining existing investors Hesta, Host Plus, CSL and QIC are the WA Government and Australia’s sovereign investor in manufacturing capability, the National Reconstruction Fund Corporation (NRFC).

    This final close of Brandon BioCatalyst Fund Six (BB6) will see Brandon Capital continue to invest in emerging biomedical technologies with strong commercial potential, translating these exciting discoveries into high-growth firms that positively impact human health.

    To date, Brandon Capital has raised over A$1 billion across previous funds with notable Fund Six investments to date including AdvanCell (radiopharma), PolyActiva (glaucoma implant), Myricx Bio (ADC) and CatalYm (oncology).

    Dr Chris Nave, Co-Founder and Managing Partner at Brandon Capital, “We’re excited to welcome the National Reconstruction Fund Corporation to our sixth fund, joining HESTA, Hostplus, CSL, QIC and the WA Government. Closing at $439 million, BB6 is our largest fund to date, and we remain committed to advancing breakthrough biomedical innovations through our unwavering scientific rigour and disciplined capital allocation, in pursuit of exceeding our investors’ expectations.”

    The firm has a track record of advancing its portfolio companies to commercialisation. Recent Brandon Capital portfolio company announcements include FDA approvals for a hypertension therapy from George Medicines and a left ventricular cardiac resynchronisation device developed by EBR Systems, with Q-Sera’s blood collection tubes that produce high-quality serum faster and more reliably, recently approved in Japan.

    Brandon Capital has an active portfolio of over 30 companies with 17 in clinical trials, four advancing or in-market, a promising preclinical pipeline and several actively contributing to Australia’s high-skilled manufacturing sector growth.

    Collectively supporting over 270 high-skilled Australian jobs are: surgical imaging innovator, OncoRes Medical, which has developed the first ‘real-time’ in cavity probe to improve cancer surgery outcomes; late-stage biotech PolyActiva, which is developing a long-term treatment for glaucoma, the second leading cause of blindness; needle-free patch for vaccine delivery Vaxxas, and radiopharmaceutical company AdvanCell, which is developing novel therapies for the treatment of a range of cancers.

    NRFC CEO David Gall said, “Medical science has long development timelines, and it is important for the NRFC to make early and considered investments in the sector to attract the talent and capital that we will need to build our local commercialisation capabilities. If we want medical science jobs and industries to exist in Australia in ten years, we need to invest in them today.”

    Brandon Capital, headquartered in Australia with offices in the UK and US, has established a transcontinental presence that strengthens collaboration across regions. Australian portfolio companies gain access to UK/EU/US capital, expertise, and pharma networks, while international companies benefit from Australia’s world-class clinical trial and research capabilities.

    About Brandon Capital – www.brandoncapital.vc

    Brandon Capital is Australasia’s leading life sciences venture capital firm, with offices in Australia, New Zealand, the US and the UK. Its unique model includes proprietary deal flow through Brandon BioCatalyst, a collaboration of over 50 of ANZ’s leading medical research institutions, and its immersive corporate services structure enables portfolio companies to focus on research commercialisation. With more than 30 active companies in its portfolio, Brandon Capital has been sourcing and supporting the transition of world-leading science into world-leading businesses for nearly two decades.

    For further information please contact

    Media – Australia
    Kirrily Davis, E: kdavis@bcpvc.com M: +61 (0)401 220228

    Media – International
    Sue Charles, Charles Consultants E: sue.charles@charles-consultants.com M: +44 (0)7968 726585

    Chris Gardner, E: Chris@CGComms.onmicrosoft.com M: +44 (0)7956 031077

    About the National Reconstruction Fund Corporation (NRFC)

    The NRFC invests to diversify and transform Australia’s industry and economy. It has $15 billion to invest using direct loans, equity investments and loan guarantees. The NRFC investment mandate covers seven priority areas including value-add in resources; transport; medical science; defence capability; renewables and low emission technologies; value-add in agriculture, forestry and fisheries; and enabling capabilities. 

    The NRFC’s role is to invest in Australian businesses and projects that design, refine and make in order to transform capability, grow jobs and a skilled workforce, and diversify our economy. NRFC is a corporate Commonwealth entity, established by the National Reconstruction Fund Corporation Act 2023 (NRFC Act) in September 2023.

    For more information, visit nrf.gov.au 

    The MIL Network –

  • MIL-OSI USA: Golden, Collins introduce bipartisan legislation to create disaster relief fund for loggers

    Source: United States House of Representatives – Congressman Jared Golden (ME-02)

    WASHINGTON — Congressman Jared Golden (ME-02) and Senator Susan Collins (R-ME) today introduced the bicameral, bipartisan Loggers Economic Assistance and Relief Act, which would establish a new program within the U.S. Department of Agriculture (USDA) to support loggers who have lost income due to natural disasters.

    Senator Angus King (I-ME) and Congresswoman Chellie Pingree (ME-01) are original cosponsors of the legislation, while Congressman Pete Stauber (R-MN-08) is the lead cosponsor in the House. 

    Current law excludes loggers from the kinds of disaster relief and assistance available to other industries, including fishermen and farmers, when natural disasters strike. Under the Loggers Economic Assistance and Relief Act, a disaster declaration from the president or governor would unlock federal assistance eligibility for logging businesses with at least a 10 percent loss in revenue or volume compared to the prior year. Covered damage would include high winds, fire, flooding, insect infestation and drought. 

    “You can’t write the story of Maine without loggers. Our forest products industry has provided for generations of Mainers and continues to be the economic bedrock of many rural communities. There must be a safety net to ensure one particularly bad season cannot uproot logging families and communities” Golden said. “I’m proud of our loggers, and I’m proud of the rock-solid coalition we’re building to support them. ”

    “Maine’s forest products industry has long supported good‑paying jobs and helped grow local economies across our state. Loggers are at the heart of that industry, but devastating storms in recent years have severely impacted the ability of logging businesses to operate at full capacity,” Senator Collins said. “This bipartisan bill would provide targeted financial assistance to help loggers recover from federally declared disasters, so that they can continue their important work, sustain rural communities, and contribute to our state’s economy.”

    “In Minnesota’s Eighth Congressional District, our forest products industry has created good paying jobs and driven our local economies,” Stauber said. “Unfortunately, this crucial industry is currently facing a wide variety of threats, from wildfires and drought to insect infestation. Minnesota’s loggers have supported our communities for generations, and it is now our turn to support them. That’s why I am proud to introduce legislation with my friend, Congressman Jared Golden, to establish a new program through the USDA that will provide financial assistance to timber harvesting and timber hauling businesses that have seen their bottom line impacted by natural disasters. I look forward to seeing this legislation help ensure Minnesota’s forest products industry remains strong and resilient.”

    In December 2023, Maine’s logging industry lost $2.6 million after just one particularly severe storm — with a survey released by the Professional Logging Contractors of the Northeast later finding that more than 90 percent of the industry’s businesses suffered damage to equipment or logistics. In total, Maine’s economy lost $5.5 million due to the loss in logging revenue and productivity that winter.

    “Generations of loggers have spent their lifetimes powering our state’s economy while providing for their families, which is why it is so important to protect and sustain this historic industry,”  Senator King said. “As natural disasters across Maine increase, the bipartisan Loggers Economic Assistance and Relief Act will help establish a new program within the USDA to support loggers who need assistance to overcome damage and lost income. The logging industry has supported rural Maine families and communities for hundreds of years, and it’s imperative that investments in our foresting community evolve for today’s challenges as we protect it for a sturdy future.” 

    “As Maine experiences more extreme weather events and natural disasters, it’s imperative that we protect our state’s loggers from potentially devastating financial impacts—just as we’ve long done for our fishermen and farmers,” Pingree, a member of the House Agriculture Committee, said.“We’ve already seen the harmful impacts climate change has created for our forest products industry, from delayed harvests to damaged equipment and infrastructure. This common-sense, bipartisan legislation will provide real relief to the families and communities that rely on Maine’s forests for their livelihoods and wellbeing.”

    Logging industry leaders praised the bipartisan legislation: 

    • Dana Doran, executive director of the Professional Logging Contractors of the Northeast: “For too long, logging and forest trucking contractors in the Northeast have been left out of federal relief efforts in the wake of natural disasters, despite suffering losses as severe as those in other industries like fishing and farming that have received aid. The extreme weather our region has experienced in recent years has idled harvest operations for long periods, destroyed logging and timber hauling infrastructure, and driven up costs at a time when the logging industry is already grappling with unprecedented challenges and can least afford it. We are grateful to Congressmen Golden and the rest of Maine’s delegation for their leadership in this effort to secure fair treatment for these hard-working small family businesses, and we encourage swift passage of the Loggers Economic Assistance and Relief Act to provide the aid the industry deserves.”
    • Chuck Ames, president of SDR Logging, Sebec, ME: “I talk to loggers every day and most are struggling, but all they ask for is a level playing field with other industries. I believe this legislation is a step in the right direction toward treating loggers the same as farmers and fishermen. We are all harvesting natural resources, and are all impacted by natural disasters. I appreciate the efforts of Congressman Golden and the rest of Maine’s congressional delegation to recognize that and pass this bill on our behalf.”
    • Marc Greaney, president of Western Maine Timberlands, Fryeburg, ME: “I have been logging for decades in Western Maine, and in recent years have seen severe weather limit my company’s ability to harvest and truck wood for longer periods of time than ever before. When we can’t cut and move wood we don’t get paid, and this is happening at the same time that operating costs are continuing to rise, so I am grateful to Congressman Golden and the other members of Maine’s congressional delegation for attempting to provide disaster relief to loggers in the same way it has been provided to other industries in the past.”
    • Scott Dane, executive director of the American Loggers Council: “The timber industry invests in public and private stumpage (timber) years in advance. A multiyear timber portfolio is necessary to adjust for market and weather conditions. This is an essential element for a logger’s business plan. When unforeseen natural disasters such as drought, wildfire, winds, and invasive species infestations occur, the timber is lost. There are limited options, if any, to replace that timber with new tracts in a timely manner. These losses are extremely disruptive to a logger’s harvest plan and create a significant revenue loss. Congressman Golden’s Loggers Assistance and Relief Act is necessary to support the timber industry, similar to assistance programs for other natural resource and agricultural sectors. The American Loggers Council appreciates the Maine Congressional Delegation, and other sponsors, for this Bill and the security it will provide to logging and trucking businesses” 

    Full text of the legislation can be found here.

    ###

     

    MIL OSI USA News –

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

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

    DarcyMaulsby/Getty

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

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

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

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

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

    Biosecurity concerns

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

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

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

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

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

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

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

    Boom times for Australian beef

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

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

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

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

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

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

    The trade war rages on

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

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

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

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

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

    Is our reputation on the line?

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

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

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

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

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

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

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

    MIL OSI Analysis – EveningReport.nz –

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

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy

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

    Funding Amount
    Recipient
    Project Description

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

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

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

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

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

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

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

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

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

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

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

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

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

    MIL OSI USA News –

  • MIL-OSI New Zealand: Government Cuts – Govt funding squeeze sees DOC cutting a further 71 roles – PSA

    Source: PSA

    The need to meet Government spending cut requirements means the Department of Conservation (DOC) will be cutting a net 71 support roles around the country, many in small rural towns.
    DOC confirmed to staff today that it will be disestablishing 143 support roles and creating 72 new positions, meaning a net reduction of 71 roles. Of the 72 new support roles, 25 are half-time.
    Removing support staff, who monitor the radios used by DOC staff working away from the office to stay safe, poses health and safety risks, PSA National Secretary Fleur Fitzsimons says.
    “The current support staff have sizeable health and safety responsibilities, such as monitoring staff radio systems and helping to manage emergencies like fires. The loss of these team members will mean that these important duties will fall on others – and pose a significant health and safety risk.
    “DOC Rangers, contractors and volunteers rely on the radios to stay in regular contact with their offices and ensure they can get help if they run into trouble,” Fitzsimons says.
    “It’s one example of how the loss of business support staff will mean administrative work will have to be done by other DOC staff.
    “This will mean they have less time to focus on vital work like protecting threatened species, repairing tracks and pest control,” Fitzsimons says.
    The cuts also mean the public will no longer be able to access DOC offices, apart from Visitors’ Centres, because the loss of support staff will mean there will be no one to manage reception.
    “A farmer in town for errands will no longer be able to drop into the DOC office to talk with staff about matters of concern. A wealth of local knowledge and wisdom will be lost with the axing of support staff,” Fitzsimons says.
    “Downgrading 25 roles to half-time is a blow to the many workers who cannot make

    MIL OSI New Zealand News –

  • MIL-OSI Russia: The II International Forum of Russia-Africa Cooperation “Education. Business. Culture – 2025” will be held within the framework of “Technoprom-2025”

    Translation. Region: Russian Federal

    Source: Novosibirsk State University –

    An important disclaimer is at the bottom of this article.

    In August 2025, the II International Forum of Russia-Africa Cooperation “Education. Business. Culture – 2025” will be held as part of the XII International Forum “Technoprom-2025”. The event is organized by the Center for Public Diplomacy, NSU and the Consortium of Russian Universities for the Development of Cooperation with African Countries.

    An impressive delegation from African countries plans to take part in the forum:

    — Ambassadors Extraordinary and Plenipotentiary to the Russian Federation of the following countries: Republic of Mali, Republic of Chad, Republic of Guinea, Burkina Faso, Republic of Niger, Rwanda, Namibia, Angola and Ghana.

    — Ministers of Education of the Republic of Chad, the Republic of Guinea and Burkina Faso, Ministers of Industry, Digitalization and Agriculture of Burkina Faso.

    — The Presidents of the Academies of Sciences of Mali, Burkina Faso and Niger, the Rectors of the Abdou Moumouni University and the University of Agadez (both from the Republic of Niger).

    — Heads of the national oil companies of Burkina Faso and Niger.

    — Mayor of the city of Ouagadougou (the capital of Burkina Faso).

    Let us recall that the first forum “Russia-Africa” was held last year on the initiative of NSU and the Center for Public Diplomacy. One of the results was the creation of a Consortium of Russian Universities for the development of cooperation with African countries.

    This year, the Consortium members will analyze the current interaction of Russian universities with African countries, discuss the challenges and obstacles that hinder mutually beneficial cooperation, identify key areas and formulate a roadmap (work plan) for the Consortium for the next year. The roadmap will be based on a systemic approach that ensures the consolidation of efforts by Russian universities and the unification of actions at all levels – from government agencies to the universities themselves. The implementation of the proposed measures will improve the quality of education and improve the culture of mutual understanding between the regions. The implementation of these initiatives will strengthen Russia’s position on the African continent and will become the basis for the further development of bilateral relations.

    The Forum also plans to discuss joint work in the areas of school and secondary specialized education. The Center for Public Diplomacy and NSU plan to hold talks with the Minister of Secondary Education, Vocational and Technical Training of Burkina Faso Boubacar Sawadogo on the possibilities of cooperation and to develop an algorithm for joint actions.

    The following are promising educational projects in African countries:

    — The “Russian Teacher Abroad” program, within the framework of which students from the pilot international class of the African school will study the Russian language.

    — A program for training foreign students in working specialties under joint educational programs of African and Novosibirsk colleges. Those who successfully complete the training will be able to continue their studies at Novosibirsk universities. The pilot project includes colleges implementing training in agricultural, technical and natural science areas.

    — The African continent is a priority region for the export of Russian education. Since 2024, NSU has been actively developing cooperation with African countries. In this context, agreements were signed with Thomas Sankara University (Burkina Faso) and Abdou Moumouni University (Niger). From December 2024 to July 2025, a preparatory department in the medical and biological profile operated jointly with the Russian House in Niger, in which 24 people studied. From March to the end of July 2025, online courses in the Russian language were opened at Thomas Sankara University, which were completed by 50 bachelors and masters. The next stage will be the organization of preparatory courses in the medical and biological profile, after which students will be able to continue their studies at NSU. The University also plans to organize scientific internships for young scientists and graduate students from Burkina Faso for 3-6 months, said Evgeny Sagaydak, Head of the Education Export Department at NSU.

    Another interesting project is the preliminary agreement reached between NSU and the University of Saint Dominic (USDAO) from Burkina Faso on joint training of medical personnel for this West African state. The cooperation agreement between the universities may be signed this summer.

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

    .

    MIL OSI Russia News –

  • MIL-OSI USA: Senator Murray, British Columbia Premier Eby, WA Small Businesses Speak Out About How Trump’s Reckless Trade War with Canada is Creating Chaos, Hurting Business, and Raising Costs

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    ICYMI: Senator Murray Hears from Mayors and Business Leaders About How Trump’s Trade War is Hurting Border Communities in Northwest Washington

    AP: Trump’s 35% Canada tariff plan deepens a rift between the neighbors

    ***WATCH HERE; DOWNLOAD HERE***

    Washington, D.C. –  Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, held a virtual press conference with British Columbia Premier David Eby and Washington state business leaders to sound the alarm on how President Trump’s trade war with Canada is driving down business and creating chaos for families, small businesses, and economies on both sides of the border.

    Canada is the second-largest export market for Washington state, exporting $7.9 billion in goods and $2.2 billion in services annually. Washington state imports $17.8 billion in goods from Canada each year, with energy imports accounting for 54 percent of that total. 608 Canadian-owned companies employ 25,050 workers in Washington state. Canada is also the largest source of international visitors to the U.S., accounting for 20.4 million visits and $20.5 billion in spending in 2024. The Bureau of Transportation Statistics reported a 35 percent drop in border crossings into the U.S. through the Peace Arch and Pacific Highway Crossings in Washington state this May, compared to the same month last year. Additional data on trade between Washington state and Canada is available HERE.  

    President Trump recently announced a plan to impose 35 percent tariffs across-the-board on imports from Canada beginning August 1st. This comes after Trump has already applied 50 percent tariffs on steel and aluminum—of which Canada is the largest exporter to the United States—and 25 percent duties on cars, excluding U.S. made parts. Yesterday, after a meeting with Canada’s political leaders—including Premier Eby—Prime Minister Mark Carney downplayed the chances of success in talks aimed at reaching a trade deal with President Trump.

    “Canada isn’t just a trading partner for us—it is our ally, and they are our neighbor. We have friends, and families that span that northern border. We have supply lines and businesses that depend on the open flow of trade, tourism, and goodwill between our countries,” Senator Murray said at the press conference today. “Canada is one of our largest trading partners—accounting for, every year, nearly $8 billion in exports including our seafood, apples, and airplane parts and more than $2 billion in cross-border tourism and business. Not to mention we actually import nearly $18 billion in goods from Canada each year. So, for us, having Trump throw a tantrum with these tariffs is really throwing a wrench into our businesses that have operated for decades, and throwing communities on both sides of the border into chaos, and really throwing our neighborly way of life into jeopardy.”

    “Here’s what Trump needs to understand: this is not reality TV. It is actual reality,” Senator Murray continued. “These aren’t people playing ‘businessman’—they are trying to run actual businesses, that employ actual Americans. Unlike him, they don’t thrive on outrage. And they do not want any drama, they need certainty, they need common sense. And they need policies that bring in customers, not drive them away, and bring prices down, not drive them up. So, I want you all to know I am going to keep fighting in Congress to put an end to these pointless tariffs that are making life harder for people on both sides of our border. And I will keep pushing for legislation to reassert Congress’s power over tariff policy. It is beyond clear we cannot entrust this responsibility to a President who is toggling economic policies on and off like a kid with a joystick.”

    “We have a long and happy relationship with the American people; they’re our friends, our family members and coworkers. President Trump’s actions have broken our trust with his government, but they’ll never shake our relationship with our closest neighbours. I am grateful for Senator Murray’s leadership at this time in calling out a President that ran on an affordability agenda and is now bringing in tariffs that are raising the price of everyday goods for hard working families,” said David Eby, Premier of British Columbia.  

    “President Trump seems to have created the 51st state that he was talking about, which is the great state of uncertainty. And this is affecting all of us and that we predict that in 2025 alone, that tariffs will cost SEL $100 million in unanticipated federal taxes. These $100 million, divided by our 7000 owners, is a hit of $14,000 per employee around the world. And I agree so much with Senator Murray that the best thing we can do is to support the efforts by Democrats and Republicans in both the House and the Senate to restore congressional control over tariffs and block this President and future ones from abusing executive orders, especially here in the case of free trade,” saidDr. Ed Schweitzer, founder of Schweitzer Engineering Laboratories in Pullman.

    “Maintaining good relations with our northern neighbors is paramount to our maritime industry. Along with being a key supplier for vital parts of the industry, our relations also impact negotiations, such as the Pacific Salmon Treaty being negotiated right now. These negotiations and trade rely on goodwill and good relations, and we cannot state enough how much we value our Canadian partners in all sectors of our maritime industry here in the United States,” said Dan Tucker, Executive Director of the Whatcom Working Waterfront Coalition.

    Washington state has one of the most trade-dependent economies of any state in the country, with 40 percent of jobs in the state tied to international commerce. Washington state is the top U.S. producer of apples, blueberries, hops, pears, spearmint oil, and sweet cherries—all of which risk losing vital export markets due to retaliatory tariffs from key trading partners including Canada. Additionally, more than 12,000 small and medium-sized companies in Washington state export goods and will struggle to absorb the impact of retaliatory tariffs. Trump’s tariffs during his first term were extremely costly for Washington state—for example, India imposed a 20 percent retaliatory tariff on U.S. apples, causing Washington apple shipments to India to fall by 99 percent and growers to lose hundreds of millions of dollars in exports.

    Senator Murray has been a vocal opponent of Trump’s chaotic trade war and has been constantly lifting up the voices of people in every corner of Washington state who are being harmed by this administration’s approach to trade. Senator Murray continues to call on Republicans to end Trump’s trade war—which Congress has the power to do—and take back Congress’ Constitutionally-granted power to impose tariffs. Earlier this year—among many other events—Senator Murray brought together leaders across Washington state to highlight how Trump’s ongoing trade war is already a devastating hit to Washington state’s economy, businesses, and our agriculture sector, and held a roundtable discussion in Blaine on how Trump’s chaotic trade war and senseless tariffs are specifically hurting Washington state’s border communities and local businesses. Senator Murray has also taken to the Senate floor to lay out how Trump’s chaotic trade war is seriously threatening our economy, American businesses, families’ retirement savings, and so much else.

    Senator Murray’s full remarks, as delivered, are below and video is HERE:

    “Thank you everyone for joining us today.

    “You know for a so-called businessman, President Trump doesn’t seem to know the first thing about running a business—then again, maybe that explains his six bankruptcies. But besides that, every time Trump opens his mouth, he is demonstrating that he doesn’t understand how tariffs work and doesn’t care if his absurd tax hikes are hurting our economy and our small businesses. The reality is plain as day. Especially in places like Washington state where we are on the front line of a trade war with our neighbors that nobody asked for.

    “Canada isn’t just a trading partner for us—it is our ally, and they are our neighbor. We have friends, and families that span that northern border. We have supply lines and businesses that depend on the open flow of trade, tourism, and goodwill between our countries.

    “Canada is one of our largest trading partners—accounting for, every year, nearly $8 billion in exports including our seafood, apples, and airplane parts and more than $2 billion in cross-border tourism and business. Not to mention we actually import nearly $18 billion in goods from Canada each year.  

    “So, for us, having Trump throw a tantrum with these tariffs is really throwing a wrench into our businesses that have operated for decades, and throwing communities on both sides of the border into chaos, and really throwing our neighborly way of life into jeopardy.

    “How are farmers supposed to stay afloat when Trump just jacked up the cost of the supplies they need, at the same time that he is driving some of their best customers away?

    “How are businesses and factories supposed to keep the lights on when their supply chains are being disrupted, and their inputs—like energy, and steel, and aluminum—keep getting more expensive?

    “How are hotels and towns that are fueled by tourism supposed to keep their doors open, when cancellations are going up, bookings are going down, and 75 percent of Canadian travelers who weregoing to visit the U.S. are deciding they’d now rather go somewhere the President doesn’t constantly attack?

    “So, let’s be clear, these aren’t hypothetical questions. They are the cold, hard realities Trump is forcing onto our communities. It doesn’t take much imagination to see how hard Trump’s trade war is making life for people—especially for our border communities.

    “All you have to do is listen. Talk to ferry operators, who are feeling the squeeze of reduced travel. Talk to community leaders in Bellingham and Whatcom County, where 12 percent of taxable retail sales came from Canadians. Talk to business owners in Point Roberts, which just completely depends on Canadian trade and tourism.

    “I have been telling this over and over to my colleagues and anyone who will listen. If you want to understand the real cost of what is happening, come to Washington state, talk to people on the front lines of this pointless, painful trade war.

    “And that’s exactly why we are having this call today. To put a spotlight on what we are seeing on both sides of the border; to make more of these voices heard; to raise the alarm; and maybe even offer a little economics lesson to Trump—since he appears to need it.

    “When you raise the costs for small businesses—which is exactly what tariffs do, when you drive away loyal customers, and trading partners—which is exactly what happens when you toss up barriers and toss out insults—you make life harder, and you raise costs for everyday Americans. It is very clear that President Trump wants to treat tariffs like a reality TV show, constantly playing up the outrage and the uncertainty of the ‘Will he? Won’t he?’ drama that he seems to like living in. But the questions that I am hearing when I talk to folks home in Washington state, are more like, ‘Why on Earth would he do this?’ and ‘What the heck is he thinking?’ and ‘How am I going to be able to afford this?’

    “Because here’s what Trump needs to understand: this is not reality TV. This is actual reality. These aren’t peopleplaying ‘businessman’—they are trying to run actual businesses, that employ actual Americans. Unlike him, they don’t thrive on outrage. And they do not want any drama, they need certainty, they need common sense. And they need policies that bring in customers, not drive them away, and bring prices down, not drive them up.

    “So, I want you all to know I am going to keep fighting in Congress to put an end to these pointless tariffs that are making life harder for people on both sides of our border. And I will keep pushing for legislation to reassert Congress’s power over tariff policy.

    “It is beyond clear we cannot entrust this responsibility to a President who is toggling economic policies on and off like a kid with a joystick.

    “We have got to keep talking about this, which is why we are having this call today, until more of my Republican colleagues get the message. And I thank everybody who’s participating in this today to talk about what you are seeing.

    “So, I’m joined on this call by British Columbia Premier David Eby, he will be speaking next. As I’ve told him in the past, I appreciate our relationship and thank you for working with us on this. It’s a joy to have you on this call.”

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: Taisugar Stands with Farmers, Rent Relief of One to Three Months Offered to Typhoon-Affected Tenants, Based on Damage Severity

    Source: Republic of China Taiwan

    On July 7, Typhoon Danas passed through southern Taiwan leaving a trail of devastation. To reduce the burden on farmers and help them get through these difficult times, Taisugar is offering to waive rent for one to three months depending on the severity of the damage and proof of typhoon-related losses.

    According to Taisugar, tenants in areas eligible for agricultural national disaster financial assistance and low-interest rates as announced by the Ministry of Agriculture should report their disaster-related losses to their local town hall/district office and submit proof to the Taisugar land management unit. Taisugar will then issue rent waivers based on the extent of crop damage. Those that suffered between 20% to 40% damage will have their rent waived for 1 month. Those with over 40% but less than 60% damage will have their rent waived for 2 months. Those with over 60% damage will have their rent waived for 3 months. Additional extensions may be negotiated in special circumstances. Rent paid in advance can be rolled over to the following year or used to extend their lease.

    Taisugar added that if the tenant wishes to terminate their lease due to the impact of the disaster, any rent or bond paid in advance can be refunded without interest once both parties have agreed on a termination date. Taisugar is willing to do everything possible to stand with farmers and help them get through these difficult times.

    TSC News Contact Person:
    Chang Mu-Jung
    Public Relations, Department of Secretariat, TSC
    Contact Number: 886-6-337-8819 / 886-920-636-951
    Email:a63449@taisugar.com.tw

    MIL OSI Asia Pacific News –

  • MIL-OSI Australia: Collaborative burn trials addressing knowledge gaps in fire behaviour

    Source:

    Australian farmers could benefit from burn trials conducted in paddocks of canola stubble, which indicate current fire behaviour models are overestimating the spread and behaviour of fire in the crop under mild weather conditions.

    The Canola and Alternative Crop Experimental Burn project is a critical component of a national collaborative research initiative involving the Victorian Country Fire Authority (CFA), the Commonwealth Scientific and Industrial Research Organisation (CSIRO), and the South Australian Country Fire Service (SACFS).

    The aim of the collaborative project is to enhance Australia’s current understanding of fire behaviour in non-cereal crop stubbles, particularly canola and legume stubble, to address significant gaps in current fire behaviour models.

    SACFS Australian Fire Danger Rating System (AFDRS) Manager, Simeon Telfer said this collaborative project demonstrates our proactive approach to refining AFDRS, enhancing the accuracy of our fire simulators, and improving the quality and reliability of public warnings.

    ‘This project is a critical national partnership to address significant gaps in knowledge, as existing models are currently overestimating the fire spread risks in these fuel types under mild weather conditions,’ Mr Telfer said.

    ‘We are listening to communities and firefighters who have told us that canola burns differently; sometimes it will just stop spreading and other times it travels quickly, so we need to test the model.’

    He said a large portion of data still needs to be collected before changes are made but initial indications show changes could be made to refine Fire Danger Rating thresholds for canola.

    ‘One of the main advantages of the AFDRS is its ability to adopt new research as it comes along, once it is peer reviewed, we will be able to adopt this research straight into AFDRS, which will help across the nation,’ he said.

    ‘We know farmers are doing it tough in South Australia as they continue to grapple with drought conditions, so we want to do our part to support them by ensuring our data provides the best available information to protect their crops and properties.’

    A small delegation of fire scientists from SACFS, CFA and CSIRO have conducted stubble burns near Ungarra on South Australia’s Eyre Peninsula, in conjunction with local landowners and SACFS volunteers.

    CFA Senior Research Officer, Rachel Bessell, said the project helps to foster collaboration and gets more agencies involved in fire research, all while helping the community.

    ‘It’s not very often that volunteers get to stop and watch fire, so it’s a great learning experience for them to be involved in these burns.’

    ‘There’s a lot of complexities with getting these burns up and running, so we’re really appreciative of all the support from the suppression crews and the local community.’

    CSIRO Researcher Richard Hurley said the groundbreaking research will significantly enhance fire behavior predictions in cropping regions.

    ‘Currently throughout Australia, croplands are largely misunderstood and often misclassified as grasslands, which have different fuel characteristics. This highlights the need to better quantify fire propagation in these fuel types,’ Mr Hurley said.

    ‘From a scientific perspective, this type of research has never been done before at this scale. The next step is to conduct burns under much hotter and drier conditions to test fire behavior at the upper end of the fire behavior index.

    The second stage of the project is planned for summer 2025/26, as soon as practicable after harvest is complete. In this stage, fires will be lit under increased temperatures and wind speeds to measure crop stubble fires in more typical wildfire conditions. Safety measures will be increased for the next stage of the project to ensure containment of these hotter and drier stubble fires, including additional SACFS suppression resources, burn buffers surrounding the experimental area and mineral earth breaks.

    Media information
    For media enquiries call the CFS Media Line on 08 8115 3531.

    Submitted by CFA Media

    MIL OSI News –

  • MIL-OSI USA: Tuberville, Moran Introduce Legislation to Give Cost-of-Living Increase to Veterans

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville

    WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL) joined U.S. Senator Jerry Moran (R-KS) and other colleagues on the U.S. Senate Veterans’ Affairs Committee in introducing the Veterans’ Compensation Cost-of-Living Adjustment of 2025 (COLA) Act. The legislation would ensure the rate of disability compensation and other financial benefits from the U.S. Department of Veterans Affairs (VA) for veterans and military survivors keep pace with rising costs and inflation, as is for Social Security benefits.

    “As Alabama’s voice on the Senate Veterans’ Affairs Committee, I want to ensure we take care of those who have protected us,” said Senator Tuberville. “Veterans’ hard-earned benefits should keep pace with inflation and rising costs of living. I’m proud to join this legislation that would require the VA to account for a cost-of-living adjustment in its annual bottom-line budget. The department exists to serve our brave veterans, and this is one commonsense way to keep that mission top of mind.”   

    The legislation would increase certain VA benefits including disability compensation, clothing allowances and dependency and indemnity compensation for surviving spouses and children to reflect the reality of increases in the everyday cost of living. It comes as one of several pieces of legislation Senator Tuberville has helped introduce this year to help our veterans, including the Automotive Support Services to Improved Safe Transportation (ASSIST) Act, Veterans Home Choice Act of 2025, Veterans First Act of 2025, Veteran Fraud Reimbursement Act, HBOT Access Act, and Veterans’ Assuring Critical Care Expansions to Support Servicemembers (ACCESS) Act of 2025.

    Full text of the Veterans’ Compensation Cost-of-Living Adjustment of 2025 (COLA) Act can be found here. 

    MORE:

    Tuberville Introduces Legislation to Help Disabled Veterans

    Tuberville, VA Secretary Doug Collins Discuss Streamlining Processes to Improve Outcomes for Veterans

    Tuberville, Lee Introduce Legislation to Repurpose Woke USAID Funding to Improve Veterans’ Homes

    Tuberville, Boozman Introduce Legislation to Support Defrauded Veterans

    Tuberville Reintroduces Legislation to Expand Treatment Options for Veterans

    Tuberville Introduces Legislation to Ensure Community Care Access for Veterans

    Tuberville, Moran Introduce Legislation to Improve Access to Care for Veterans

    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP and Aging Committees.

    MIL OSI USA News –

  • MIL-OSI USA: Tuberville Speaks to USDA Undersecretary of Agriculture Nominee

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville

    WASHINGTON – U.S. Senator Tommy Tuberville (R-AL) participated in a Committee on Agriculture, Nutrition, and Forestry hearing today to consider Mr. Richard Fordyce to be Under Secretary of Agriculture for Farm Production and Conservation. During the hearing, Sen. Tuberville and Mr. Fordyce discussed the Farm Board Act and Mid-South Oilseed Double Cropping Study Act—two pieces of legislation Sen. Tuberville introduced today to help Alabama farmers and livestock producers. Sen. Tuberville and Mr. Fordyce also discussed the need to increase guaranteed loan limits to ease the burden on our poultry producers and problems Alabama continues to face with feral swine.

    Excerpts from the interview can be found below and the full interview can be viewed on YouTube or Rumble.

    ON ADDING A PRODUCER FOR LIVESTOCK AND CROPS TO FCIC:

    TUBERVILLE: “Thank you very much. Thank you, Mr. Fordyce for being here. I grew up close to a town called Fordyce in Arkansas, home of a famous football coach years ago, Mr. Bear Bryant. 

    Thanks for wanting to do this again in another fashion. Thanks for your service because it is awfully hard. […] First of all, I wanna know if you’ll help me support these bills. I just put two new bills, Ag bills, on the floor today. […] The first addresses the Federal Crop Insurance Board of Directors. There are four seats for producers, and we want one of those seats to be for a producer of both livestock and crops to provide a different perspective for various new livestock crops insurance products RMA (Risk Management Agency) is implementing. That’s my first one. Does that sound pretty good?”

    FORDYCE: “Yes, Senator. It actually does. It sounds like it makes some sense. […]”

    TUBERVILLE: “Now we’re from Alabama, and we can make some sense now. OK?”

    […]

    FORDYCE: “So, I’m not backpedaling, Senator, but I think what I would need to do is understand exactly what the makeup is of the Federal Crop Insurance Board, but it sounds like a good idea to me.”

    ON CONDUCTING AN RMA STUDY FOR OILSEED:

    TUBERVILLE: “Thank you. Thank you. The second bill would authorize a study for double and rotational cropping of winter canola in the Mid-South region. This would gather data as farmers in North Alabama and Tennessee are starting to grow winter canola for synthetic aviation fuel and diesel fuel. All these bills get complex. […]”

    FORDYCE: “I’m sure that is complex, but I am aware of the winter canola effort. And I would say that I would applaud the RMA for being responsive and having the ability to, you know, to evolve as things change. So, I would think that they would take a look at what kind of options might be available.”

    TUBERVILLE: “Thank you. And as we all know, our farmers are in bad trouble. I have a lot of friends that are huge farmers, and they don’t know whether they’re gonna make it through the year, much less through this crop. […]”

    ON RAISING GUARANTEED LOAN LIMITS:

    TUBERVILLE: “So, access to credit is becoming harder and harder. This year was really tough. We had to come up with some subsidies for some of the farmers to get them through this past winter to get another crop. Poultry producers are facing huge challenges, steep cost of poultry houses. $3.5 million for four houses. Can you discuss the importance of increasing our guaranteed loan limits to $3.5 million because of that?”

    FORDYCE: “Well, I was serving as the Administrator for the Farm Service Agency the last time the loan limits were raised. And I think it was welcomed certainly by the agency, and it was welcomed by the producers that the farm loan programs serve. And if that were the intent of Congress to raise those loan limits, I think that would be appropriate given the cost of things and the entry level costs of things.”

    ON FERAL SWINE ERADICATION PROGRAM:

    TUBERVILLE: “It’s going to sky high. It’s not getting any cheaper. One quick question: feral swine. We got huge problems in our state, and I know in other states. In the Big Beautiful Bill, we had $105 million for the feral swine eradication program. What’s your stance on the eradication program? You think we’re making progress?”

    FORDYCE: “That would be tough for me to say. We do have those in Missouri as well.”

    TUBERVILLE: “Y’all have hogs?!”

    FORDYCE: “We have, yeah. We have feral swine. We have wild hogs in Missouri. […] Well, in Missouri, they’ve stopped the ability for folks to hunt them because the idea was that if they’re hunting them, then there has to continue to be a supply of them, and somehow, they just keep showing up. So, I don’t know, I guess, it was, maybe, is one way of looking at it.”

    TUBERVILLE: “Well, just let them know that us and Alabama will send you some if you need them. Because we got a way over abundance. And we’re gonna send them to Senator Grassley in Iowa. He loves hogs. Thank you, Mr. Chairman.”

    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP and Aging Committees.

    MIL OSI USA News –

  • MIL-OSI New Zealand: Farming and Finance – Federated Farmers release rural banking report cards

    Source: Federated Farmers

    A Federated Farmers survey has revealed how the country’s biggest rural lenders are performing in the eyes of farmers – ranking the banks from best to worst.
    “A farmer’s relationship with their bank is one of the most important relationships within their business, and for many farmers interest payments will be their single-biggest expense,” says Federated Farmers banking spokesperson Mark Hooper.
    “Farmers, along with politicians and the general public, deserve full transparency of what each of the rural lenders is doing well – and just as importantly, what they’re not doing so well.
    “That’s why, for the first time, we’ve asked farmers to tell us how the banks are stacking up.
    “We’re now releasing these report cards because we want to create more visibility of rural banking issues and competition.”
    Federated Farmers’ May banking survey of 681 farmers found Rabobank and ANZ were the top-performing rural banks, sharing first-place on the podium.
    Rabobank received the highest scores for overall satisfaction, communication quality and overdraft rate.
    ANZ scored the best farmer ratings for mortgage rates, the level of undue pressure felt by farmers, and mental health scores.
    Westpac came in at the middle of the pack, scoring well with their mortgage rates and communication.
    BNZ and ASB were nearly tied in last place, showing they’ve got some work to do with farmers.
    Hooper says the banks’ CEOs should keep an eye out for a report card coming their way.
    “The purpose of these report cards isn’t to tear down the banks – it’s to really help them see what they need to focus on to deliver a better service to Kiwi farmers.
    “Over the coming weeks we’ll be providing each of the banks with a copy of their report card, and some constructive feedback on how they could improve.
    “We hope this is a helpful process and results in a benefit to both farmers and their lenders.”
    ANZ
    • Mortgage  Rate: A+
    • Overdraft  Rate: A
    • Undue  Pressure: A+
    • Comm.  Quality: B
    • Mental  Health: A+
    • Overall  Satisfaction: A
    • Final  Grade: A-
    Rabobank
    • Mortgage  Rate: B
    • Overdraft  Rate: A+
    • Undue  Pressure: A
    • Comm.  Quality: A+
    • Mental  Health: A
    • Overall  Satisfaction: A+
    • Final Grade: A-
    Westpac
    • Mortgage  Rate: A
    • Overdraft  Rate: C
    • Undue  Pressure: D
    • Comm.  Quality: A
    • Mental  Health: B
    • Overall  Satisfaction: B
    • Final  Grade: C+
    BNZ
    • Mortgage  Rate: D
    • Overdraft  Rate: D
    • Undue  Pressure: B
    • Comm.  Quality: D
    • Mental  Health: D
    • Overall  Satisfaction: C
    • Final  Grade: C-
    ASB
    • Mortgage  Rate: C
    • Overdraft  Rate: B
    • Undue  Pressure: C
    • Comm.  Quality: C
    • Mental  Health: C
    • Overall  Satisfaction: D
    • Final  Grade: D.

    MIL OSI New Zealand News –

  • MIL-OSI United Kingdom: £30 million to decarbonise shipping, boost careers and deliver growth across the UK

    Source: United Kingdom – Government Statements

    Press release

    £30 million to decarbonise shipping, boost careers and deliver growth across the UK

    Funding will be crucial in supporting the green fuels and technologies of the future, so we can clean up sea travel and trade.

    • coastal communities across the UK will benefit from £30 million to make shipping and sea travel greener, boosting local economies, and supporting jobs and skills
    • decarb funding is helping to revitalise Glasgow’s strong shipbuilding heritage, as Maritime Minister heralds a new Scottish-built high-tech wing sail which can save ships up to 40% per annum in fuel and emissions
    • latest boost builds on over £136 million for already delivered to more than 142 organisations across every region in the UK, delivering on the government’s Plan for Change missions to kickstart economic growth and become a clean energy superpower.

    Coastal communities across the UK are to benefit from £30 million funding to decarbonise shipping and power up local economies the Maritime Minister will announce today (24 July 2025) during a visit to Clydeport in Glasgow.

    Awarded from the sixth round of the Clean Maritime Demonstration Competition (CMDC), successful companies will be given a share of funding to support the development of clean maritime fuels and technologies such as ammonia, hydrogen, methanol, solar and electric. 

    Investment in green fuels not only supports the decarbonisation of shipping, helping cement the UK as a clean energy superpower, it also revitalises coastal communities by growing local economies and boosting jobs and skills.   

    CMDC has provided over £136 million funding to date to 142 organisations, as part of the wider UK SHORE funding – the government’s flagship programme dedicated to decarbonising maritime – for over 300 organisations, including 250 SMEs. Successful projects include the installation of electric chargepoint networks across ports, including at Aberdeen, the demonstration of an electric crew transfer vessel at Aberdeen Offshore Wind Farm, and the demonstration of a green hydrogen shore power system at the port of Leith. 

    Maritime Minister Mike Kane said:  

    It’s so exciting to see investment in green fuels and technologies spurring on skills, innovation and manufacturing across the UK, delivering on our Plan for Change missions to kickstart economic growth and become a clean energy superpower.

    We’ve charted a course to net zero shipping by 2050 and this £30 million will be crucial in supporting the green fuels and technologies of the future, so we can clean up sea travel and trade.

    During his visit to Clydeport, the minister will meet with workers from the National Manufacturing Institute Scotland, which is looking to help Smart Green Shipping scale up the manufacturing of the FastRig windsail going forward. Built nearby in Glasgow, the FastRig is a high-tech wing sail which can be installed onto vessels, reducing fuel use and emissions by up to 40% per annum. The project received £3.3 million from the third round of the CMDC and has now been successfully deployed at sea. 

    Chris Courtney, CEO, National Manufacturing Institute Scotland said:

    Clean maritime is a vital part of a wider mission to decarbonise transport. Advanced manufacturing is critical to enable companies to scale up novel solutions that deliver emissions reductions and allow the creation of new jobs in these industries of the future.

    We’ve spent the past 2 years working on the CMDC-funded MariLight projects, led by Glasgow-based Malin Marine Consultants, part of the Malin Group, supported by industry partners, where we demonstrated how advanced manufacturing can cut lead times, lower carbon, and enable localised production in shipbuilding. It’s great to see continued momentum through the programme, and we look forward to supporting Smart Green Shipping’s journey as it scales.

    Diane Gilpin, Smart Green Shipping (SGS), CEO said:

    CMDC3 support enabled SGS, a Scottish based business, to demonstrate the safety and robustness of FastRig, our Cyldebuilt wingsails, and to build out our digital decision-making platform, FastReach, which underpins our unique wind-as-a-service proposition.

    Over the last 3 years SGS has invested £7.6 million in R&D, 60% of that in Scotland. We’ve drawn upon engineering design skills in adjacent sectors like renewables and oil and gas, and digital expertise created in Scotland’s vibrant tech community. We are also working alongside the National Manufacturing Institute of Scotland to design circular manufacturing solutions to reduce embedded emissions and minimise use of precious materials while creating good green jobs as part of a sustainable just transition.

    The minister will meet with Peel Ports and local workers at Clydeport’s King George V Docks. Delivering £3 million of investment to support the growing demand for handling huge wind turbine components for the renewable energy sector, Clydeport is keeping Glasgow’s shipbuilding heritage and manufacturing expertise alive, equipping it to meet the modern-day needs of the sector. 

    Jim McSporran, Port Director at Peel Ports Clydeport, said:

    We’re proud to welcome the Maritime Minister to Peel Ports Clydeport today and showcase how our facilities continue to create opportunities for investment, jobs and skills that will benefit the people and businesses of Scotland. 

    Our recent £3 million investment in road infrastructure at King George V Dock to accommodate growing demand for handling wind turbine components, and our ongoing transformative work at Hunterston PARC in Ayrshire to support the renewables sector, demonstrate our commitment to decarbonising supply chains and enabling the transition to a greener economy.  

    It’s fantastic to see government and industry working together to back innovation and today’s visit reinforces how Glasgow’s maritime legacy is helping to drive the UK’s clean energy future.

    Mike Biddle, Executive Director, Net Zero at Innovate UK, said:

    Congratulations to the awarded projects from Round 6 of the Clean Maritime Demonstrator Competition – a great opportunity for UK innovators to take part in a world-renowned maritime transport R&D grant funding programme. Innovate UK looks forward to working with partners to support these projects focused on the ever-more prevalent issue of decarbonisation with emphasis on a range of physical, digital, system and skills-based innovation.

    Building on its commitment to clean up shipping and deliver on the UK’s climate ambitions, UK SHORE is also delivering £3.85 million to the Clean Maritime Research Hub. Formed from a consortium of 13 universities across the UK, dedicated to conducting scientific research in clean maritime, the funding will enable the hub to continue its important research, and support the installation of a liquid hydrogen facility at Durham University. The centre will develop the maritime sector’s understanding of the potential impact of liquid hydrogen – which is emission free – in the clean maritime transition.

    Maritime media enquiries

    Media enquiries 0300 7777 878

    Switchboard 0300 330 3000

    Updates to this page

    Published 24 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: Michigan Receives Disaster Declaration from President Trump for Northern Michigan Ice Storm Recovery Efforts

    Source: United States House of Representatives – Congressman Jack Bergman (MI-1)

    Today, Rep. Jack Bergman joined Governor Gretchen Whitmer announcing that President Donald Trump has approved Michigan’s request for a disaster declaration to help communities impacted by the historic ice storm in Northern Michigan earlier this year. The devastating storm knocked out power and communications and left hundreds of miles of roads blocked by fallen trees and debris. 

    “President Trump’s approval of a Major Disaster Declaration for the counties impacted by March’s devastating ice storm is welcome news,” said U.S. Representative Jack Bergman. “I’m grateful to his Administration for working to get this done. This long-awaited decision unlocks critical resources to help our communities recover and rebuild as quickly as possible. It’s been a true team effort – from local agencies to state and federal partners. Northern Michigan is no stranger to tough times – but it’s in moments like these, when our communities rally and move forward together, that the true spirit of Northern Michigan shines brightest.”

    “Yesterday, I spoke to President Trump who confirmed that communities in Northern Michigan impacted by the historic ice storm damage earlier thisnyear will start to receive federal disaster funding,” said Governor Whitmer. “With this initial support, we can help communities recover costs associated with cleanup efforts. I want to thank the president and our congressional delegation for supporting our request, and I look forward to collaborating further on much-needed additional resources. Michiganders across the state stepped up to help our neighbors, and while other parts of our request remain under review, we will continue advocating together to help Northern Michigan recover and rebuild.”

    “Many Northern Michigan individuals, families, and small businesses are still recovering from the historic ice storms that hit our state earlier this year,” said Lt. Governor Garlin Gilchrist II. “This federal emergency declaration will help local leaders, communities, and Northern Michigan families get back on their feet and move forward with their lives. While this storm was devastating, Michiganders are strong, and we will Stand Tall together.” 

    “I’m pleased that funding is coming to Northern Michigan to bolster the ongoing recovery efforts following the ice storm this March,” said U.S. Senator Gary Peters. “The State of Michigan and local emergency managers continue to work hard because this job is not finished, and I’ll keep fighting to help our communities get the resources they need to bounce back stronger.” 

    “The Michigan State Police has supported response efforts from the moment this storm began, coordinating statewide resources through the State Emergency Operations Center to assist local communities impacted by the storm,” said Col. James F. Grady II, director of the MSP. “This federal declaration is a crucial next step. It allows us to continue supporting our partners through long-term recovery.” 

    Federal Disaster Declaration

    The declaration opens the path to Federal Emergency Management Agency (FEMA) Public Assistance in Alcona, Alpena, Antrim, Charlevoix, Cheboygan, Crawford, Emmet, Kalkaska, Mackinac, Montmorency, Oscoda, Otsego, and Presque Isle Counties and the Little Traverse Bay Bands of Odawa Indians. The administration continues to review the request for Individual Assistance and Public Assistance under Schedule F. 

    Advocating for Northern Michigan

      On June 25th, Rep. Jack Bergman led a letter with the entire Michigan Congressional Delegation, urging President Donald J. Trump in the strongest possible terms,to approve Governor Whitmer’s May 16 request for a Major Disaster Declaration.

    On May 30th, Rep. Jack Bergman joined Michigan USDA Farm Service Agency (FSA) Director Joel Johnson to announce that assistance through the Emergency Conservation Program (ECP) and Emergency Forest Restoration Program (EFRP) is on the way for Northern Michigan. Both programs are designed to help landowners recover from severe storm damage and restore their operations.

    On May 19th, Rep. Jack Bergman expressed his full support for Governor Gretchen Whitmer’s request for a Presidential Major Disaster Declaration in response to the ice storm that struck Northern Michigan and the Upper Peninsula in March.

    On April 5th, Rep. Bergman visited the affected counties and met with local emergency leaders, linemen, and first responders to discuss the needs across the region.

    State Actions 

    On March 31, Governor Whitmer declared a state of emergency to respond to the storm’s impact. The declaration initially covered 10 counties and was expanded to include 12 counties: Alcona, Alpena, Antrim, Charlevoix, Cheboygan, Crawford, Emmet, Mackinac, Montmorency, Oscoda, Otsego, and Presque Isle counties. Governor Whitmer also deployed the Michigan National Guard to provide more personnel and specialized equipment to help with ice storm recovery efforts in northern Michigan. Lastly, the Governor Whitmer declared an energy emergency in the Upper Peninsula to help expedite delivery of fuel and other critical supplies to impacted areas. 

    On May 16, Governor Whitmer submitted a formal request for a major disaster declaration to help Northern Michigan recover and rebuild from the historic ice storms that hit the region hard in late March. The governor also traveled to the White House to meet with President Trump, advocating for federal assistance for Northern Michigan. The governor previously asked for an Emergency Declaration, which would authorize up to $5 million in immediate public assistance to support emergency efforts, including debris management needs.  

    She will continue working with the administration to pursue further relief from FEMA, and her request for individual assistance (IA) remains under review by the federal administration. IA can include grants for temporary housing and home repairs, low-cost loans to cover uninsured property losses, and other programs to help individuals and business owners recover from the effects of the disaster. She will also seek resources for hazard mitigation measures statewide.  

    Resources

    Residents and business owners who sustained losses in the designated areas can begin applying for assistance at www.DisasterAssistance.gov, by calling 800-621-FEMA (3362), or by using the FEMA App. Anyone using a relay service, such as video relay service (VRS), captioned telephone service or others, can give FEMA the number for that service.  

    On June 11, the U.S. Small Business Administration (SBA) separately granted an administrative disaster declaration for Cheboygan County and the contiguous counties of Charlevoix, Emmet, Mackinac, Montmorency, Otsego, and Presque Isle. SBA established two Disaster Loan Outreach Centers for one-on-one assistance, open now through July 26 at 2:00pm:  

    229 Court St. 

    Cheboygan, MI 49721 

    8288 S. Pleasantview Rd. 

    Harbor Springs, MI 49740 

    Loan applications are also available online or by mail. For additional information on low-interest SBA loans or the application process, visit the MySBA Loan Portal or call 1-800-659-2955. The physical loan application deadline is Aug. 8. Small businesses and non-profits have until March 9, 2026, to apply for EIDLs (working capital loans). So far SBA has disbursed $572,322 in loans for this disaster. 

    MIL OSI USA News –

  • MIL-OSI: Five Star Bancorp Announces Second Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    RANCHO CORDOVA, Calif., July 23, 2025 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the “Bank”), today reported net income of $14.5 million for the three months ended June 30, 2025, as compared to $13.1 million for the three months ended March 31, 2025 and $10.8 million for the three months ended June 30, 2024.

    Second Quarter Highlights

    Performance and operating highlights for the Company for the periods noted below included the following:

        Three months ended  
    (in thousands, except per share and share data)   June 30,
    2025    		       March 31,
    2025    		       June 30,
    2024    		  
    Return on average assets (“ROAA”)   1.37 %     1.30 %     1.23 %
    Return on average equity (“ROAE”)   14.17 %     13.28 %     11.72 %
    Pre-tax income $ 20,099     $ 18,391     $ 15,152  
    Pre-tax, pre-provision income(1) $ 22,599     $ 20,291     $ 17,152  
    Net income $ 14,508     $ 13,111     $ 10,782  
    Basic earnings per common share $ 0.68     $ 0.62     $ 0.51  
    Diluted earnings per common share $ 0.68     $ 0.62     $ 0.51  
    Weighted average basic common shares outstanding   21,225,831       21,209,881       21,039,798  
    Weighted average diluted common shares outstanding   21,269,265       21,253,588       21,058,085  
    Shares outstanding at end of period   21,360,991       21,329,235       21,319,583  
                           
    (1)See the section entitled “Non-GAAP Reconciliation (Unaudited)” for a reconciliation of this non-GAAP financial measure.
     

    James E. Beckwith, President and Chief Executive Officer, commented:

    “We are very pleased to report an exceptional quarter where the continuation of our organic growth strategy fueled new account openings and resulted in growth in loans and deposits. Total loans held for investment increased by $136.2 million, or 3.76% (15.04% when annualized), and total deposits increased by $158.3 million, or 4.24% (16.94% when annualized). Net interest margin increased by eight basis points to 3.53%, while our efficiency ratio decreased to 41.03% compared to 42.58% for the first quarter of 2025. Short-term borrowings remained at zero as of June 30, 2025 and December 31, 2024. This quarter, we declared another dividend to shareholders, which exemplifies our commitment to shareholder value.

    This success serves as a strong testimony to our people, technology, operating efficiencies, conservative underwriting practices, exceptional credit quality, and prudent approach to portfolio management, which we believe will continue to benefit our clients, employees, community, and shareholders. It is also attributable to our relationship-based banking approach, where clients receive high-tech and high-touch concierge business banking services.

    We look forward to bringing these services to the Walnut Creek market, where we expect to open an office in the third quarter of 2025. Since our expansion in the San Francisco Bay Area began in June 2023, the team has grown to 34 employees with $456.9 million in deposits as of June 30, 2025. We also look forward to the continued growth of business verticals, including Food, Agribusiness, and Diversified Industries where we believe clients will benefit from our global trade services and exceptional treasury management tools.

    As we look to the second half of 2025, we are humbled and proud of our team’s accomplishments. We also thank our employees for their outstanding commitment to ensuring Five Star Bank remains a safe, trusted, and steadfast banking partner.”

    Financial highlights as of and during the three months ended June 30, 2025 included the following:

    • The San Francisco Bay Area team increased from 31 to 34 employees and generated deposit balances totaling $456.9 million at June 30, 2025, an increase of $77.2 million from March 31, 2025.
    • The Company hired five new Business Development Officers, increasing from 35 at March 31, 2025 to 40 at June 30, 2025.
    • Cash and cash equivalents were $483.8 million, representing 12.42% of total deposits at June 30, 2025, as compared to 12.11% at March 31, 2025.
    • Total deposits increased by $158.3 million, or 4.24%, during the three months ended June 30, 2025, due to increases in non-wholesale deposits that exceeded decreases in wholesale deposits, which the Company defines as brokered deposits and California Time Deposit Program deposits. During the three months ended June 30, 2025, non-wholesale deposits increased by $191.6 million, or 6.29%, and wholesale deposits decreased by $33.4 million, or 4.84%.
    • The Company had no short-term borrowings at June 30, 2025 or March 31, 2025.
    • Consistent, disciplined management of expenses contributed to our efficiency ratio of 41.03% for the three months ended June 30, 2025, as compared to 42.58% for the three months ended March 31, 2025 and 44.07% for the three months ended June 30, 2024.
    • For the three months ended June 30, 2025, net interest margin was 3.53%, as compared to 3.45% for the three months ended March 31, 2025 and 3.39% for the three months ended June 30, 2024. The effective Federal Funds rate was 4.33% as of June 30, 2025, remaining constant from March 31, 2025 and decreasing from 5.33% at June 30, 2024.
    • Other comprehensive loss was $0.3 million during the three months ended June 30, 2025. Unrealized losses, net of tax effect, on available-for-sale securities were $12.0 million as of June 30, 2025. Total carrying value of held-to-maturity and available-for-sale securities represented 0.06% and 2.22% of total interest-earning assets, respectively, as of June 30, 2025.
    • The Company’s common equity Tier 1 capital ratio was 10.85% and 11.00% as of June 30, 2025 and March 31, 2025, respectively. The Bank continues to meet all requirements to be considered “well-capitalized” under applicable regulatory guidelines.
    • Loan and deposit growth in the three and twelve months ended June 30, 2025 was as follows:
    (in thousands) June 30,
    2025    		   March 31,
    2025    		   $ Change   % Change
    Loans held for investment $ 3,758,025     $ 3,621,819     $ 136,206       3.76 %
    Non-interest-bearing deposits   1,004,061       933,652       70,409       7.54 %
    Interest-bearing deposits   2,890,561       2,802,702       87,859       3.13 %
                   
    (in thousands) June 30,
    2025    		   June 30,
    2024    		   $ Change   % Change
    Loans held for investment $ 3,758,025     $ 3,266,291     $ 491,734       15.05 %
    Non-interest-bearing deposits   1,004,061       825,733       178,328       21.60 %
    Interest-bearing deposits   2,890,561       2,323,898       566,663       24.38 %
    • The ratio of nonperforming loans to loans held for investment at period end increased from 0.05% at March 31, 2025 to 0.06% at June 30, 2025. The increase was due to one commercial real estate loan being put on nonaccrual status during the quarter.
    • The Company’s Board of Directors declared on April 17, 2025, and the Company subsequently paid, a cash dividend of $0.20 per share during the three months ended June 30, 2025. The Company’s Board of Directors subsequently declared another cash dividend of $0.20 per share on July 17, 2025, which the Company expects to pay on August 11, 2025 to shareholders of record as of August 4, 2025.

    Summary Results

    Three months ended June 30, 2025, as compared to three months ended March 31, 2025

    The Company’s net income was $14.5 million for the three months ended June 30, 2025, as compared to $13.1 million for the three months ended March 31, 2025. Net interest income increased by $2.5 million during the three months ended June 30, 2025, as compared to the three months ended March 31, 2025, primarily due to an increase in interest income driven by loan growth and an improvement in the average yield on loans, partially offset by an increase in interest expense driven by deposit growth. The provision for credit losses increased by $0.6 million, with loan growth and increases in net charge-offs during the three months ended June 30, 2025 as the leading drivers. Non-interest income increased by $0.5 million, primarily due to an overall improvement in the estimated earnings related to investments in venture-backed funds during the three months ended June 30, 2025, as compared to the three months ended March 31, 2025. Non-interest expense increased by $0.7 million during the three months ended June 30, 2025, as compared to the three months ended March 31, 2025, primarily related to increases in business travel, conferences, training, and advertising and promotional expenses associated with expansion of the Bank’s business development teams, partially offset by an increase in deferred loan origination costs.

    Three months ended June 30, 2025, as compared to three months ended June 30, 2024

    The Company’s net income was $14.5 million for the three months ended June 30, 2025, as compared to $10.8 million for the three months ended June 30, 2024. Net interest income increased by $7.4 million during the three months ended June 30, 2025, as compared to the three months ended June 30, 2024, primarily due to an increase in interest income driven by loan growth and an improvement in the average yield on loans, partially offset by an increase in interest expense driven by deposit growth. The provision for credit losses increased by $0.5 million, with increases in net charge-offs during the three months ended June 30, 2025 as the leading driver. Non-interest income increased by $0.2 million, primarily due to an overall improvement in the estimated earnings related to investments in venture-backed funds, partially offset by a decrease in the volume of loans sold during the three months ended June 30, 2025, as compared to the three months ended June 30, 2024. Non-interest expense increased by $2.2 million during the three months ended June 30, 2025, as compared to the three months ended June 30, 2024, with an increase in salaries and employee benefits related to increased headcount as the leading driver.

    The following is a summary of the components of the Company’s operating results and performance ratios for the periods indicated:

        Three months ended        
    (in thousands, except per share data)   June 30,
    2025    		   March 31,
    2025    		   $ Change   % Change
    Selected operating data:                    
    Net interest income   $ 36,515     $ 33,977     $ 2,538       7.47 %
    Provision for credit losses     2,500       1,900       600       31.58 %
    Non-interest income     1,810       1,359       451       33.19 %
    Non-interest expense     15,726       15,045       681       4.53 %
    Pre-tax income     20,099       18,391       1,708       9.29 %
    Provision for income taxes     5,591       5,280       311       5.89 %
    Net income   $ 14,508     $ 13,111     $ 1,397       10.66 %
    Earnings per common share:                    
    Basic   $ 0.68     $ 0.62     $ 0.06       9.68 %
    Diluted   $ 0.68     $ 0.62     $ 0.06       9.68 %
    Performance and other financial ratios:                    
    ROAA     1.37 %     1.30 %            
    ROAE     14.17 %     13.28 %            
    Net interest margin     3.53 %     3.45 %            
    Cost of funds     2.53 %     2.56 %            
    Efficiency ratio     41.03 %     42.58 %            
                         
        Three months ended            
    (in thousands, except per share data)   June 30,
    2025    		   June 30,
    2024    		     $ Change     % Change
    Selected operating data:                    
    Net interest income   $ 36,515     $ 29,092     $ 7,423       25.52 %
    Provision for credit losses     2,500       2,000       500       25.00 %
    Non-interest income     1,810       1,573       237       15.07 %
    Non-interest expense     15,726       13,513       2,213       16.38 %
    Pre-tax income     20,099       15,152       4,947       32.65 %
    Provision for income taxes     5,591       4,370       1,221       27.94 %
    Net income   $ 14,508     $ 10,782     $ 3,726       34.56 %
    Earnings per common share:                    
    Basic   $ 0.68     $ 0.51     $ 0.17       33.33 %
    Diluted   $ 0.68     $ 0.51     $ 0.17       33.33 %
    Performance and other financial ratios:                    
    ROAA     1.37 %     1.23 %            
    ROAE     14.17 %     11.72 %        
    Net interest margin     3.53 %     3.39 %        
    Cost of funds     2.53 %     2.56 %        
    Efficiency ratio     41.03 %     44.07 %        
                             

    Balance Sheet Summary

    (in thousands)   June 30,
    2025    		   March 31,
    2025    		   $ Change   % Change  
    Selected financial condition data:                  
    Total assets   $ 4,413,473     $ 4,245,057     $ 168,416       3.97 %
    Cash and cash equivalents     483,810       452,571       31,239       6.90 %
    Total loans held for investment     3,758,025       3,621,819       136,206       3.76 %
    Total investments     97,575       99,696       (2,121 )     (2.13 )%
    Total liabilities     3,996,731       3,838,606       158,125       4.12 %
    Total deposits     3,894,622       3,736,354       158,268       4.24 %
    Subordinated notes, net     73,968       73,932       36       0.05 %
    Total shareholders’ equity     416,742       406,451       10,291       2.53 %
    • Insured and collateralized deposits were approximately $2.6 billion, representing 67.06% of total deposits as of June 30, 2025, as compared to 67.55% as of March 31, 2025. Net uninsured and uncollateralized deposits were approximately $1.3 billion as of June 30, 2025, increasing from $1.2 billion at March 31, 2025.
    • Non-wholesale deposit accounts constituted 83.14% of total deposits as of June 30, 2025, as compared to 81.53% at March 31, 2025. Deposit relationships of greater than $5 million represented 59.91% of total deposits, as compared to 60.87% as of March 31, 2025, and had an average age of approximately 8.34 years as of June 30, 2025, as compared to 8.80 years as of March 31, 2025.
    • Total deposits as of June 30, 2025 were $3.9 billion, an increase of $158.3 million, or 4.24%, from March 31, 2025 comprised of increases in both interest-bearing and non-interest-bearing deposits. The primary driver of interest-bearing deposit growth was new money market deposit accounts opened during the quarter, adding $87.4 million in new balances. Non-interest-bearing deposit growth was driven by new accounts opened during the quarter, adding $68.7 million in new balances.
    • Cash and cash equivalents as of June 30, 2025 were $483.8 million, representing 12.42% of total deposits at June 30, 2025, as compared to 12.11% as of March 31, 2025.
    • Total liquidity (consisting of cash and cash equivalents and unused and immediately available borrowing capacity as set forth below) was approximately $2.2 billion as of June 30, 2025, as compared to $2.0 billion at March 31, 2025.
        June 30, 2025
    (in thousands)   Line of Credit   Letters of Credit Issued   Borrowings   Available
    Federal Home Loan Bank of San Francisco (“FHLB”) advances   $ 1,290,446     $ 732,500     $ —     $ 557,946  
    Federal Reserve Discount Window     926,573       —       —       926,573  
    Correspondent bank lines of credit     185,000       —       —       185,000  
    Cash and cash equivalents     —       —       —       483,810  
    Total   $ 2,402,019     $ 732,500     $ —     $ 2,153,329  
                     
    (in thousands)   June 30,
    2025    		   December 31,
    2024    		   $ Change   % Change
    Selected financial condition data:                
    Total assets   $ 4,413,473     $ 4,053,278     $ 360,195       8.89 %
    Cash and cash equivalents     483,810       352,343       131,467       37.31 %
    Total loans held for investment     3,758,025       3,532,686       225,339       6.38 %
    Total investments     97,575       100,914       (3,339 )     (3.31 )%
    Total liabilities     3,996,731       3,656,654       340,077       9.30 %
    Total deposits     3,894,622       3,557,994       336,628       9.46 %
    Subordinated notes, net     73,968       73,895       73       0.10 %
    Total shareholders’ equity     416,742       396,624       20,118       5.07 %
                                     

    The increase in total assets from December 31, 2024 to June 30, 2025 was primarily comprised of a $225.3 million increase in total loans held for investment and a $131.5 million increase in cash and cash equivalents. The $225.3 million increase in total loans held for investment between December 31, 2024 and June 30, 2025 was a result of $578.8 million in loan originations and advances, partially offset by $130.3 million and $223.1 million in loan payoffs and paydowns, respectively. The $225.3 million increase in total loans held for investment included $43.9 million in purchases of loans within the consumer concentration of the loan portfolio. The $131.5 million increase in cash and cash equivalents primarily resulted from net cash inflows related to financing and operating activities of $328.1 million and $28.1 million, respectively, partially offset by net cash outflows related to investing activities of $224.7 million.

    The increase in total liabilities from December 31, 2024 to June 30, 2025 was primarily due to an increase in interest-bearing deposits of $255.2 million. The increase in interest-bearing deposits was largely due to increases in money market and time deposits of $179.4 million and $101.9 million, respectively.

    The increase in total shareholders’ equity from December 31, 2024 to June 30, 2025 was primarily a result of net income recognized of $27.6 million and a $0.4 million increase in accumulated other comprehensive income, partially offset by $8.5 million in cash dividends paid during the period.

    Net Interest Income and Net Interest Margin

    The following is a summary of the components of net interest income for the periods indicated:

        Three months ended        
    (in thousands)   June 30,
    2025    		   March 31,
    2025    		   $ Change   % Change
    Interest and fee income   $ 60,580     $ 57,087     $ 3,493       6.12 %
    Interest expense     24,065       23,110       955       4.13 %
    Net interest income   $ 36,515     $ 33,977     $ 2,538       7.47 %
    Net interest margin     3.53 %     3.45 %        
                     
        Three months ended        
    (in thousands)   June 30,
    2025    		   June 30,
    2024    		   $ Change   % Change
    Interest and fee income   $ 60,580     $ 48,998     $ 11,582       23.64 %
    Interest expense     24,065       19,906       4,159       20.89 %
    Net interest income   $ 36,515     $ 29,092     $ 7,423       25.52 %
    Net interest margin     3.53 %     3.39 %        
                             

    The following table shows the components of net interest income and net interest margin for the quarterly periods indicated:

        Three months ended
        June 30, 2025   March 31, 2025   June 30, 2024
    (in thousands)   Average
    Balance    		   Interest
    Income/
    Expense    		   Yield/ Rate   Average
    Balance    		   Interest
    Income/
    Expense    		   Yield/ Rate   Average
    Balance    		   Interest
    Income/
    Expense    		   Yield/ Rate
    Assets                                    
    Interest-earning deposits in banks   $ 361,866     $ 3,987       4.42 %   $ 328,571     $ 3,575       4.41 %   $ 148,936     $ 1,986       5.36 %
    Investment securities     97,886       577       2.37 %     100,474       581       2.34 %     105,819       650       2.47 %
    Loans held for investment and sale     3,691,616       56,016       6.09 %     3,567,992       52,931       6.02 %     3,197,921       46,362       5.83 %
    Total interest-earning assets     4,151,368       60,580       5.85 %     3,997,037       57,087       5.79 %     3,452,676       48,998       5.71 %
    Interest receivable and other assets, net     101,632               93,543               84,554          
    Total assets   $ 4,253,000             $ 4,090,580             $ 3,537,230          
                                         
    Liabilities and shareholders’ equity                                    
    Interest-bearing transaction accounts   $ 283,369     $ 1,043       1.48 %   $ 303,822     $ 1,112       1.48 %   $ 291,470     $ 1,104       1.52 %
    Savings accounts     121,692       801       2.64 %     123,599       772       2.53 %     120,080       856       2.87 %
    Money market accounts     1,647,628       13,270       3.23 %     1,540,879       12,435       3.27 %     1,547,814       13,388       3.48 %
    Time accounts     726,295       7,790       4.30 %     706,528       7,629       4.38 %     272,887       3,369       4.96 %
    Subordinated notes and other borrowings     73,967       1,161       6.30 %     73,908       1,162       6.37 %     75,747       1,189       6.31 %
    Total interest-bearing liabilities     2,852,951       24,065       3.38 %     2,748,736       23,110       3.41 %     2,307,998       19,906       3.47 %
    Demand accounts     957,034               910,954               817,668          
    Interest payable and other liabilities     32,406               30,389               41,429          
    Shareholders’ equity     410,609               400,501               370,135          
    Total liabilities & shareholders’ equity   $ 4,253,000             $ 4,090,580             $ 3,537,230          
                                         
    Net interest spread             2.47 %             2.38 %             2.24 %
    Net interest income/margin       $ 36,515       3.53 %       $ 33,977       3.45 %       $ 29,092       3.39 %
                                                                 

    Net interest income during the three months ended June 30, 2025 increased $2.5 million, or 7.47%, to $36.5 million compared to $34.0 million during the three months ended March 31, 2025. Net interest margin totaled 3.53% for the three months ended June 30, 2025, an increase of eight basis points compared to the prior quarter. The increase in net interest income is primarily attributable to an additional $3.5 million in interest income, mainly due to a $123.6 million, or 3.46%, increase in the average balance of loans and a seven basis point improvement in the average yield on loans during the three months ended June 30, 2025 compared to the prior quarter. The increase in interest income was partially offset by an additional $1.0 million in interest expense, which was mainly driven by a $150.2 million, or 4.19%, increase in the average balance of deposits at an average rate of two basis points lower than the prior quarter.

    As compared to the three months ended June 30, 2024, net interest income increased $7.4 million, or 25.52%, to $36.5 million from $29.1 million. Net interest margin totaled 3.53% for the three months ended June 30, 2025, an increase of 14 basis points compared to the same quarter of the prior year. The increase in net interest income is primarily attributable to an additional $11.6 million in interest income, mainly due to a $493.7 million, or 15.44%, increase in the average balance of loans and a 26 basis point improvement in the average yield on loans during the three months ended June 30, 2025 compared to the same quarter of the prior year. The increase in interest income was partially offset by an additional $4.2 million in interest expense compared to the same quarter of the prior year. The increase in interest expense is mainly attributable to a $686.1 million, or 22.50%, increase in the average balance of deposits at an average rate of one basis point lower during the three months ended June 30, 2025 compared to the same quarter of the prior year.

    Loans by Type

    The following table provides loan balances, excluding deferred loan fees, by type as of the dates shown:

    (in thousands)   June 30, 2025   March 31, 2025
    Real estate:        
    Commercial   $ 3,066,627     $ 2,941,201  
    Commercial land and development     1,422       3,556  
    Commercial construction     112,399       113,002  
    Residential construction     5,479       5,747  
    Residential     33,132       34,053  
    Farmland     51,579       43,643  
    Commercial:        
    Secured     173,855       170,525  
    Unsecured     37,568       34,970  
    Consumer and other     278,215       277,093  
    Net deferred loan fees     (2,251 )     (1,971 )
    Total loans held for investment   $ 3,758,025     $ 3,621,819  
                     

    Interest-bearing Deposits

    The following table provides interest-bearing deposit balances by type as of the dates shown:

    (in thousands)   June 30, 2025   March 31, 2025
    Interest-bearing transaction accounts   $ 292,257     $ 295,633  
    Money market accounts     1,704,652       1,577,473  
    Savings accounts     121,567       128,210  
    Time accounts     772,085       801,386  
    Total interest-bearing deposits   $ 2,890,561     $ 2,802,702  
                     

    Asset Quality

    Allowance for Credit Losses

    At June 30, 2025, the Company’s allowance for credit losses was $40.2 million, as compared to $37.8 million at December 31, 2024. The $2.4 million increase in the allowance is due to a $4.6 million provision for credit losses recorded during the six months ended June 30, 2025, partially offset by net charge-offs of $2.2 million, primarily attributable to commercial and industrial loans, during the same period.

    The Company’s ratio of nonperforming loans to loans held for investment increased from 0.05% at December 31, 2024 to 0.06% at June 30, 2025. Loans designated as watch decreased from $123.4 million to $106.5 million between December 31, 2024 and June 30, 2025. Loans designated as substandard increased from $2.6 million to $4.2 million between December 31, 2024 and June 30, 2025. There were no loans with doubtful risk grades at June 30, 2025 or December 31, 2024.

    A summary of the allowance for credit losses by loan class is as follows:

        June 30, 2025   December 31, 2024
    (in thousands)   Amount   % of Total   Amount   % of Total
    Real estate:                
    Commercial   $ 27,792       69.19 %   $ 25,864       68.44 %
    Commercial land and development     33       0.08 %     78       0.21 %
    Commercial construction     2,575       6.41 %     2,268       6.00 %
    Residential construction     75       0.19 %     64       0.17 %
    Residential     334       0.83 %     270       0.71 %
    Farmland     723       1.80 %     607       1.61 %
          31,532       78.50 %     29,151       77.14 %
    Commercial:                
    Secured     5,623       14.00 %     5,866       15.52 %
    Unsecured     417       1.04 %     278       0.74 %
          6,040       15.04 %     6,144       16.26 %
    Consumer and other     2,595       6.46 %     2,496       6.60 %
    Total allowance for credit losses   $ 40,167       100.00 %   $ 37,791       100.00 %
                                     

    The ratio of allowance for credit losses to loans held for investment remained at 1.07% at June 30, 2025 and December 31, 2024.

    Non-interest Income

    The following table presents the key components of non-interest income for the periods indicated:

        Three months ended        
    (in thousands)   June 30,
    2025    		   March 31,
    2025    		   $ Change   % Change
    Service charges on deposit accounts   $ 196     $ 215     $ (19 )     (8.84 )%
    Gain on sale of loans     119       125       (6 )     (4.80 )%
    Loan-related fees     468       448       20       4.46 %
    FHLB stock dividends     325       331       (6 )     (1.81 )%
    Earnings on bank-owned life insurance     220       161       59       36.65 %
    Other income     482       79       403       510.13 %
    Total non-interest income   $ 1,810     $ 1,359     $ 451       33.19 %
                                     

    Other income. The increase resulted primarily from an overall improvement in the estimated earnings related to investments in venture-backed funds during the three months ended June 30, 2025 compared to the three months ended March 31, 2025.

    The following table presents the key components of non-interest income for the periods indicated:

        Three months ended      
    (in thousands)   June 30,
    2025    		   June 30,
    2024    		   $ Change   % Change
    Service charges on deposit accounts   $ 196     $ 189     $ 7       3.70 %
    Gain on sale of loans     119       449       (330 )     (73.50 )%
    Loan-related fees     468       370       98       26.49 %
    FHLB stock dividends     325       329       (4 )     (1.22 )%
    Earnings on bank-owned life insurance     220       158       62       39.24 %
    Other income     482       78       404       517.95 %
    Total non-interest income   $ 1,810     $ 1,573     $ 237       15.07 %
                                     

    Gain on sale of loans. The decrease related primarily to an overall decline in the volume of loans sold, partially offset by an improvement in the effective yield of loans sold. During the three months ended June 30, 2025, approximately $1.6 million of loans were sold with an effective yield of 7.60%, as compared to approximately $6.8 million of loans sold with an effective yield of 6.60% during the three months ended June 30, 2024.

    Other income. The increase related primarily to an overall improvement in the estimated earnings related to investments in venture-backed funds during the three months ended June 30, 2025 compared to the three months ended June 30, 2024.

    Non-interest Expense

    The following table presents the key components of non-interest expense for the periods indicated:

        Three months ended        
    (in thousands)   June 30,
    2025    		   March 31,
    2025    		   $ Change   % Change
    Salaries and employee benefits   $ 8,910     $ 9,134     $ (224 )     (2.45 )%
    Occupancy and equipment     657       637       20       3.14 %
    Data processing and software     1,508       1,457       51       3.50 %
    Federal Deposit Insurance Corporation (“FDIC”) insurance     470       455       15       3.30 %
    Professional services     918       913       5       0.55 %
    Advertising and promotional     865       522       343       65.71 %
    Loan-related expenses     423       319       104       32.60 %
    Other operating expenses     1,975       1,608       367       22.82 %
    Total non-interest expense   $ 15,726     $ 15,045     $ 681       4.53 %
                                     

    Salaries and employee benefits. The decrease related primarily to: (i) a $0.6 million increase in deferred loan origination costs due to greater loan originations, net of purchased consumer loans; and (ii) $0.1 million decrease in salaries, benefits, and bonus expense. The decrease was partially offset by a $0.5 million increase in commissions expense due to greater loan originations, net of purchased consumer loans, period-over-period.

    Advertising and promotional. The increase related primarily to additional expenses incurred to support the expansion of the Bank’s business development teams, including a $0.1 million increase related to business development expenses, a $0.1 million increase in expenses related to sponsored events and partnerships, and a $0.1 million increase in expenses related to donations.

    Loan-related expenses. The increase related primarily to a $0.1 million increase in expenses related to inspections to support the increase in loan originations and annual loan reviews.

    Other operating expenses. The increase was primarily due to a $0.2 million increase in business travel expenses and a $0.1 million increase in expenses related to conferences and trainings attended.

    The following table presents the key components of non-interest expense for the periods indicated:

        Three months ended        
    (in thousands)   June 30,
    2025    		   June 30,
    2024    		   $ Change   % Change
    Salaries and employee benefits   $ 8,910     $ 7,803     $ 1,107       14.19 %
    Occupancy and equipment     657       646       11       1.70 %
    Data processing and software     1,508       1,235       273       22.11 %
    FDIC insurance     470       390       80       20.51 %
    Professional services     918       767       151       19.69 %
    Advertising and promotional     865       615       250       40.65 %
    Loan-related expenses     423       297       126       42.42 %
    Other operating expenses     1,975       1,760       215       12.22 %
    Total non-interest expense   $ 15,726     $ 13,513     $ 2,213       16.38 %
                                     

    Salaries and employee benefits. The increase related primarily to: (i) a $1.2 million increase in salaries, benefits, and bonus expense, mainly related to a 16.58% increase in headcount between June 30, 2024 and June 30, 2025; and (ii) a $0.1 million increase in commissions paid. This increase was partially offset by a $0.2 million increase in deferred loan origination costs due to a greater number of loan originations, net of purchased consumer loans, period-over-period.

    Data processing and software. The increase was primarily due to: (i) increased usage of our digital banking platform; (ii) higher transaction volumes related to the increased number of loan and deposit accounts; and (iii) an increased number of licenses required for new users on our loan origination and documentation system.

    Professional services. The increase was primarily due to a $0.1 million increase in fees paid for compensation and business development consulting services.

    Advertising and promotional. The increase related primarily to additional expenses incurred to support the expansion of the Bank’s business development teams, including a $0.1 million increase in expenses related to sponsored events and partnerships and a $0.1 million increase related to business development expenses.

    Loan-related expenses. The increase related primarily to a $0.1 million increase in expenses related to inspections to support the increase in loan originations and annual loan reviews.

    Other operating expenses. The increase was primarily due to a $0.1 million increase in travel expense and a $0.1 million increase in expenses related to conferences, trainings, and professional association memberships.

    Provision for Income Taxes

    On July 4, 2025, the President signed H.R. 1, the “One Big Beautiful Bill Act,” into law. The legislation includes several changes to federal tax law that generally allow for more favorable deductibility of certain business expenses beginning in 2025, including the restoration of immediate expensing of domestic R&D expenditures, reinstatement of 100% bonus depreciation, and more favorable rules for determining the limitation on business interest expense. The Act also made certain changes to the deductibility of the cost of meals and charitable contributions that are effective for tax years beginning after Dec. 31, 2025. These changes were not reflected in the income tax provision for the period ended June 30, 2025, as enactment occurred after the balance sheet date. The Company is currently evaluating the impact on future periods.

    Three months ended June 30, 2025, as compared to three months ended March 31, 2025

    Provision for income taxes increased to $5.6 million for the three months ended June 30, 2025 from $5.3 million for the three months ended March 31, 2025, which was primarily due to an increase in taxable income recognized during the three months ended June 30, 2025. This increase was partially offset by a net $0.2 million reduction to the provision recorded during the three months ended June 30, 2025. This adjustment related to a tax law change for the state of California effective as of June 30, 2025, which requires a transition from a three-factor apportionment formula to a single-sales-factor formula for determining state income tax. As such, the Company recorded a net benefit of approximately $0.9 million relating to the current year provision, which was partially offset by a $0.7 million expense relating to the remeasuring of the deferred tax assets and liabilities as of June 30, 2025. The effective tax rates were 27.82% and 28.71% for the three months ended June 30, 2025 and March 31, 2025, respectively.

    Three months ended June 30, 2025, as compared to three months ended June 30, 2024

    Provision for income taxes increased by $1.2 million, or 27.94%, for the three months ended June 30, 2025 compared to the three months ended June 30, 2024. This increase was primarily driven by an increase in taxable income. This increase was partially offset by a net $0.2 million reduction to the provision recorded during the three months ended June 30, 2025. This adjustment related to a tax law change for the state of California effective as of June 30, 2025, which requires a transition from a three-factor apportionment formula to a single-sales-factor formula for determining state income tax. As such, the Company recorded a net benefit of approximately $0.9 million relating to the current year provision, which was partially offset by a $0.7 million expense relating to the remeasuring of the deferred tax assets and liabilities as of June 30, 2025. The effective tax rates were 27.82% and 28.84% for the three months ended June 30, 2025 and June 30, 2024, respectively.

    Webcast Details

    Five Star Bancorp will host a live webcast for analysts and investors on Thursday, July 24, 2025 at 1:00 PM ET (10:00 AM PT) to discuss its second quarter financial results. To view the live webcast, visit the “News & Events” section of the Company’s website under “Events” at https://investors.fivestarbank.com/news-events/events. The webcast will be archived on the Company’s website for a period of 90 days.

    About Five Star Bancorp

    Five Star is a bank holding company headquartered in Rancho Cordova, California. Five Star operates through its wholly owned banking subsidiary, Five Star Bank. The Bank has eight branches in Northern California.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent plans, estimates, objectives, goals, guidelines, expectations, intentions, projections, and statements of the Company’s beliefs concerning future events, business plans, objectives, expected operating results, and the assumptions upon which those statements are based. Forward-looking statements include without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements, and are typically identified with words such as “may,” “could,” “should,” “will,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “aim,” “intend,” “plan,” or words or phases of similar meaning. The Company cautions that the forward-looking statements are based largely on the Company’s expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company’s control. Such forward-looking statements are based on various assumptions (some of which may be beyond the Company’s control) and are subject to risks and uncertainties, which change over time, and other factors, which could cause actual results to differ materially from those currently anticipated. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to predict their occurrence or how they will affect the Company. If one or more of the factors affecting the Company’s forward-looking information and statements proves incorrect, then the Company’s actual results, performance, or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements contained in this press release. Therefore, the Company cautions you not to place undue reliance on the Company’s forward-looking information and statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Report on Form 10-Q for the three months ended March 31, 2025, in each case under the section entitled “Risk Factors,” and other documents filed by the Company with the Securities and Exchange Commission from time to time.

    The Company disclaims any duty to revise or update the forward-looking statements, whether written or oral, to reflect actual results or changes in the factors affecting the forward-looking statements, except as specifically required by law.

    Condensed Financial Data (Unaudited)

        Three months ended
    (in thousands, except per share and share data)   June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024
    Revenue and Expense Data            
    Interest and fee income   $ 60,580     $ 57,087     $ 48,998  
    Interest expense     24,065       23,110       19,906  
    Net interest income     36,515       33,977       29,092  
    Provision for credit losses     2,500       1,900       2,000  
    Net interest income after provision     34,015       32,077       27,092  
    Non-interest income:            
    Service charges on deposit accounts     196       215       189  
    Gain on sale of loans     119       125       449  
    Loan-related fees     468       448       370  
    FHLB stock dividends     325       331       329  
    Earnings on bank-owned life insurance     220       161       158  
    Other income     482       79       78  
    Total non-interest income     1,810       1,359       1,573  
    Non-interest expense:            
    Salaries and employee benefits     8,910       9,134       7,803  
    Occupancy and equipment     657       637       646  
    Data processing and software     1,508       1,457       1,235  
    FDIC insurance     470       455       390  
    Professional services     918       913       767  
    Advertising and promotional     865       522       615  
    Loan-related expenses     423       319       297  
    Other operating expenses     1,975       1,608       1,760  
    Total non-interest expense     15,726       15,045       13,513  
    Income before provision for income taxes     20,099       18,391       15,152  
    Provision for income taxes     5,591       5,280       4,370  
    Net income   $ 14,508     $ 13,111     $ 10,782  
                 
    Comprehensive Income            
    Net income   $ 14,508     $ 13,111     $ 10,782  
    Net unrealized holding gain on securities available-for-sale during the period     190       1,030       295  
    Less: Income tax expense related to other comprehensive (loss) income     502       305       87  
    Other comprehensive (loss) income     (312 )     725       208  
    Total comprehensive income   $ 14,196     $ 13,836     $ 10,990  
                 
    Share and Per Share Data            
    Earnings per common share:            
    Basic   $ 0.68     $ 0.62     $ 0.51  
    Diluted   $ 0.68     $ 0.62     $ 0.51  
    Book value per share   $ 19.51     $ 19.06     $ 17.85  
    Tangible book value per share(1)   $ 19.51     $ 19.06     $ 17.85  
    Weighted average basic common shares outstanding     21,225,831       21,209,881       21,039,798  
    Weighted average diluted common shares outstanding     21,269,265       21,253,588       21,058,085  
    Shares outstanding at end of period     21,360,991       21,329,235       21,319,583  
                 
    Selected Financial Ratios            
    ROAA     1.37 %     1.30 %     1.23 %
    ROAE     14.17 %     13.28 %     11.72 %
    Net interest margin     3.53 %     3.45 %     3.39 %
    Loan to deposit(2)     96.50 %     97.01 %     103.87 %
     
    (1) See the section entitled “Non-GAAP Reconciliation (Unaudited)” for a reconciliation of this non-GAAP financial measure.

    (2) Loan balance in loan to deposit ratio is total loans held for investment and sale at period end. Deposit balance in loan to deposit ratio is total deposits at period end.
     
    (in thousands)   June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024
    Balance Sheet Data            
    Cash and due from financial institutions   $ 53,724     $ 42,473     $ 28,572  
    Interest-bearing deposits in banks     430,086       410,098       161,787  
    Time deposits in banks     849       4,024       4,097  
    Securities – available-for-sale, at fair value     94,990       97,111       103,204  
    Securities – held-to-maturity, at amortized cost     2,585       2,585       2,973  
    Loans held for sale     309       2,669       5,322  
    Loans held for investment     3,758,025       3,621,819       3,266,291  
    Allowance for credit losses     (40,167 )     (39,224 )     (35,406 )
    Loans held for investment, net of allowance for credit losses     3,717,858       3,582,595       3,230,885  
    FHLB stock     15,000       15,000       15,000  
    Operating leases, right-of-use asset     7,094       5,944       6,630  
    Premises and equipment, net     1,606       1,524       1,610  
    Bank-owned life insurance     23,466       23,246       19,030  
    Interest receivable and other assets     65,906       57,788       55,107  
    Total assets   $ 4,413,473     $ 4,245,057     $ 3,634,217  
                 
    Non-interest-bearing deposits   $ 1,004,061     $ 933,652     $ 825,733  
    Interest-bearing deposits     2,890,561       2,802,702       2,323,898  
    Total deposits     3,894,622       3,736,354       3,149,631  
    Subordinated notes, net     73,968       73,932       73,822  
    Other borrowings     —       —       —  
    Operating lease liability     7,744       6,591       7,077  
    Interest payable and other liabilities     20,397       21,729       23,217  
    Total liabilities     3,996,731       3,838,606       3,253,747  
                 
    Common stock     303,155       302,788       301,968  
    Retained earnings     125,545       115,309       90,734  
    Accumulated other comprehensive loss, net of taxes     (11,958 )     (11,646 )     (12,232 )
    Total shareholders’ equity     416,742       406,451       380,470  
    Total liabilities and shareholders’ equity   $ 4,413,473     $ 4,245,057     $ 3,634,217  
                 
    Quarterly Average Balance Data            
    Average loans held for investment and sale   $ 3,691,616     $ 3,567,992     $ 3,197,921  
    Average interest-earning assets     4,151,368       3,997,037       3,452,676  
    Average total assets     4,253,000       4,090,580       3,537,230  
    Average deposits     3,736,018       3,585,782       3,049,919  
    Average total equity     410,609       400,501       370,135  
                 
    Credit Quality            
    Allowance for credit losses to nonperforming loans     1,763.26 %     2,222.32 %     1,882.30 %
    Nonperforming loans to loans held for investment     0.06 %     0.05 %     0.06 %
    Nonperforming assets to total assets     0.05 %     0.04 %     0.05 %
    Nonperforming loans plus performing loan modifications to loans held for investment     0.06 %     0.05 %     0.06 %
                 
    Capital Ratios            
    Total shareholders’ equity to total assets     9.44 %     9.57 %     10.47 %
    Tangible shareholders’ equity to tangible assets(1)     9.44 %     9.57 %     10.47 %
    Total capital (to risk-weighted assets)     13.72 %     13.97 %     14.38 %
    Tier 1 capital (to risk-weighted assets)     10.85 %     11.00 %     11.27 %
    Common equity Tier 1 capital (to risk-weighted assets)     10.85 %     11.00 %     11.27 %
    Tier 1 leverage ratio     10.03 %     10.17 %     11.05 %
     
    (1) See the section entitled “Non-GAAP Reconciliation (Unaudited)” for a reconciliation of this non-GAAP financial measure.
     

    Non-GAAP Reconciliation (Unaudited)

    The Company uses financial information in its analysis of the Company’s performance that is not in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The Company believes that these non-GAAP financial measures provide useful information to management and investors that is supplementary to the Company’s financial condition, results of operations, and cash flows computed in accordance with GAAP. However, the Company acknowledges that its non-GAAP financial measures have a number of limitations. As such, investors should not view these disclosures as a substitute for results determined in accordance with GAAP. Additionally, these non-GAAP measures are not necessarily comparable to non-GAAP financial measures that other banking companies use. Other banking companies may use names similar to those the Company uses for the non-GAAP financial measures the Company discloses, but may calculate them differently. Investors should understand how the Company and other companies each calculate their non-GAAP financial measures when making comparisons.

    Tangible shareholders’ equity to tangible assets is defined as total equity less goodwill and other intangible assets, divided by total assets less goodwill and other intangible assets. The most directly comparable GAAP financial measure is total shareholders’ equity to total assets. Management believes that tangible shareholders’ equity to tangible assets is a useful financial measure because it enables management, investors, and others to assess the Company’s financial health based on tangible capital. We had no goodwill or other intangible assets at the end of any period indicated. As a result, tangible shareholders’ equity to tangible assets is the same as total shareholders’ equity to total assets at the end of each of the periods indicated.

    Tangible book value per share is defined as total shareholders’ equity less goodwill and other intangible assets, divided by the outstanding number of common shares at the end of the period. The most directly comparable GAAP financial measure is book value per share. Management believes that tangible book value per share is a useful financial measure because it enables management, investors, and others to assess the Company’s value and use of equity. We had no goodwill or other intangible assets at the end of any period indicated. As a result, tangible book value per share is the same as book value per share at the end of each of the periods indicated.

    Pre-tax, pre-provision income is defined as pre-tax income plus provision for credit losses. The most directly comparable GAAP financial measure is pre-tax income. Management believes that pre-tax, pre-provision income is a useful financial measure because it enables management, investors, and others to assess the Company’s ability to generate operating profit and capital.

    The following reconciliation table provides a more detailed analysis of this non-GAAP financial measure:

        Three months ended
    (in thousands)   June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024
    Pre-tax, pre-provision income            
    Pre-tax income   $ 20,099     $ 18,391     $ 15,152  
    Add: provision for credit losses     2,500       1,900       2,000  
    Pre-tax, pre-provision income   $ 22,599     $ 20,291     $ 17,152  

    Investor Contact:
    Heather C. Luck, Chief Financial Officer
    Five Star Bancorp
    (916) 626-5008
    hluck@fivestarbank.com

    Media Contact:
    Shelley R. Wetton, Chief Marketing Officer
    Five Star Bancorp
    (916) 284-7827
    swetton@fivestarbank.com

    The MIL Network –

  • MIL-OSI USA: Tuberville Reintroduces Legislation to Bolster Alabama’s Ag Community

    US Senate News:

    Source: United States Senator Tommy Tuberville (Alabama)

    WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL) reintroduced two pieces of legislation—the Farm Board Act and the Mid-South Oilseed Double Cropping Study Act—to improve opportunities and increase market access for Alabama’s agriculture community. More information about both bills can be found below.

    “Our farmers, foresters, and livestock producers shoulder an enormous burden of keeping America’s food secure,” said Senator Tuberville. “They need to be able to make a living off the land, and they need to have a FCIC Board of Directors that fully reflects their needs. I’m proud to reintroduce legislation that strengthens representation on the FCIC Board, and another piece of legislation that would help solidify a new revenue opportunity for our farmers while also addressing the growing need for renewable diesels and synthetic aviation fuels. As Alabama’s voice on the Senate Ag Committee, I’ll continue fighting to secure opportunities for our ag producers as they feed, fuel, and clothe our country.”

    “I commend Coach on each piece of legislation,” said Alabama Commissioner of Agriculture and Industries Rick Pate. “The Farm Board Act will ensure representation for production agriculture to the FCIC Board of Directors while the Mid-South Oil Seed Bill will help pave the way for another alternative crop for producers to consider growing based on the demand for renewable fuel. I look forward to Coach getting each bill to the finish line.”

    “We appreciate Coach’s continued support of Alabama farmers and his steadfast dedication to supporting innovation while managing risk by increasing availability and oversight of crop insurance programs,” said Alabama Farmers Federation President Jimmy Parnell. “With more offerings than ever for livestock producers, it is important these farmers have representation on the FCIC Board.  Additionally, as farmers are looking at alternative crops to supplement their income, the Mid-South Oilseed Double Cropping Study Act will help to make sure they have the appropriate risk management tools available.”

    ABOUT THE FARM BOARD ACT:

    The Farm Board Act would require the Federal Crop Insurance Corporation (FCIC) Board of Directors to designate one of the four producers on the ten-member board as an individual that produces both livestock and crops. The FCIC is a government owned corporation that finances the Federal Crop Insurance Program’s (FCIP) operations. Making this addition would improve perspective and decisions regarding the newer livestock related crop insurance products that benefit all areas of Alabama’s agriculture industry.  The designated producer seat would not start immediately, but when Board members begin to cycle off on May 1, 2027.

    American Farm Bureau Federation (AFBF), Alabama Farmers Federation (ALFA), Alabama Department of Ag & Industries, and the Alabama Cattlemen’s Association are all supportive of Senator Tuberville’s legislation. More information about the Farm Board Act can be found here.

    ABOUT THE MID-SOUTH OILSEED DOUBLE CROPPING STUDY ACT:

    This bill requests a study from the USDA Risk Management Agency (RMA) on winter oilseed crops, canola, and rapeseed (which is a type of canola) for the Mid-South region—Alabama, Tennessee, and Kentucky. Alabama producers are starting to grow canola as a second crop—following soybeans—and the crop can be used to produce Synthetic Aviation Fuel (SAF), which creates an additional market for our producers. This also enables Alabama farmers to expand revenue opportunities during the winter months and helps reduce nutrient losses in the soil. For farmers to take advantage of opportunities in renewable diesel and SAF, they need the assurance that crop insurance—such as Catastrophic Risk Protection, Yield Protection, Revenue Protection, or Revenue Protection with Harvest Price Exclusion—will be eligible in their counties for these crops and practices. To address crop insurance gaps that may exist, RMA and FCIC need to gather data on the feasibility of producing winter oilseed as a double and rotational crop in the Mid-South region. 

    The diversification of our energy markets by adding new, cost-effective, and sustainable options is necessary. Renewable domestic diesel capacity is slated for aggressive growth with the potential to double by 2030. Additionally, the 106-billion-gallon global commercial jet fuel market is projected to grow to over 230 billion gallons by 2050. The end goal is to get a study now, then down the road have double cropped canola and rapeseed be covered by crop insurance. 

    U.S. Canola Association, National Oilseed Processors Association (NOPA), Alabama Farmers Federation (ALFA), and the Alabama Department of Ag & Industries are all supportive of Senator Tuberville’s legislation. More information about the Mid-South Oilseed Double Cropping Study Act can be found here.

    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP and Aging Committees.

    MIL OSI USA News –