Category: Americas

  • MIL-OSI Europe: Written question – The future of ArcelorMittal and the steel industry in the EU – E-000737/2025

    Source: European Parliament

    Question for written answer  E-000737/2025
    to the Commission
    Rule 144
    Anthony Smith (The Left), Manon Aubry (The Left), Marina Mesure (The Left), Emma Fourreau (The Left), Damien Carême (The Left), Leila Chaibi (The Left)

    On 11 February 2025, the management of the ArcelorMittal Europe group announced that it was considering relocating certain activities to India. This decision follows Donald Trump’s introduction of 25 % tariffs on European steel and aluminium.

    In November 2024, ArcelorMittal announced the suspension of all its European decarbonisation projects, including the flagship hydrogen furnace project in Dunkirk, despite having received state aid to the tune of EUR 850 million. The company also chose to invest almost a billion dollars in a new ‘electrical steel’ plant in the USA, rather than in Europe.

    But this is not an isolated case. The entire European metallurgical industry is in crisis, with the threat of tens of thousands of direct and indirect job losses.

    Can the Commission say whether:

    • 1.it intends to reform the European electricity market to combat high electricity prices?
    • 2.it intends to respond to the US proclamations on raising tariffs by imposing retaliatory measures?
    • 3.it reaffirms its intent to exempt 80 % of European companies from the Carbon Border Adjustment Mechanism, even though it protects European metallurgy from unfair competition?

    Submitted: 18.2.2025

    Last updated: 25 February 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Briefing – China’s increasing presence in Latin America: Implications for the European Union – 25-02-2025

    Source: European Parliament

    Within just two decades, China has transformed from an insignificant player to a dominant force in Latin America, alongside the United States (US) and the European Union (EU). Predictions suggest that by 2035, China may even overtake the US as Latin America’s most important trading partner. China has been South America’s top trading partner for quite some time. The region holds strategic importance for the future of the global economy due to its abundance of resources and critical raw materials, such as lithium and copper. In parallel to maintaining economic ties with Latin America and the Caribbean (LAC), China is also enhancing its political relationship with the region, primarily through the China-Community of Latin American and Caribbean States (CELAC) forum. In 2018, China extended its vast global infrastructure development strategy – the Belt and Road Initiative – to Latin America. A recent example of Chinese strategic investment in the region is the Chancay megaport in Peru, which could be a game changer in Latin American logistics, as it will reroute trade between Latin America and Asia, bypassing the Atlantic and the Panama Canal. Recent actions by the Trump administration aimed at countering China’s influence in LAC may inadvertently strengthen China’s position in the region even further, as was seen during the first Trump administration. For the EU, which is in urgent need of a diversified supply of critical raw materials to navigate the clean and digital transition of its economy, the LAC region is now more strategically important than ever. The EU’s envisaged partnership agreement with Mercosur, the South American trading block, will test the EU’s commitment to deepening its partnership with Latin America through the conclusion of this agreement. The European Parliament is expected to vote on the proposed agreement during its current legislative term.

    MIL OSI Europe News

  • MIL-OSI Video: Haiti: UNDSS supports the delivery of humanitarian aid | United Nations

    Source: United Nations (Video News)

    Over one million people are displaced in Haiti as escalating violence intensifies humanitarian crisis. Despite the gang violence, UNDSS as part of the humanitarian access group is supporting the delivery of life-saving aid to those most in need.

    https://www.youtube.com/watch?v=UU2BNJPXA5s

    MIL OSI Video

  • MIL-OSI: CLEAR, an Official TSA PreCheck® Enrollment Provider, Expands Enrollment and Renewal Options by Opening a New Location at Plaza Las Américas

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 25, 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 Plaza Las Américas in San Juan, Puerto Rico. This marks CLEAR’s first non-airport location in San Juan for TSA PreCheck enrollment and renewal services, complementing its 55 airport-based enrollment and renewal locations across the U.S. TSA PreCheck enrollment and renewal services through CLEAR are also available at select Staples stores nationwide.

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

    “TSA PreCheck Enrollment through CLEAR provides a fast and efficient travel experience,” said CLEAR CEO Caryn Seidman-Becker. “We’re excited to bring this trusted traveler program to Plaza Las Américas, the Caribbean’s largest shopping center, delivering greater convenience with expanded enrollment options beyond the airport.”

    “Plaza Las Américas is proud to offer TSA PreCheck enrollment with CLEAR,” said Edwin Tavárez, General Manager at Plaza Las Américas.“As the Caribbean’s largest shopping center and a key destination for travelers, this new service provides added convenience for our visitors, making it easier than ever to prepare for a seamless airport experience.”

    Hours of operation at Plaza Las Américas are Monday through Saturday from 11 a.m. AST to 7 p.m. AST, and Sunday from Noon AST to 7 p.m. AST. The location is on level 1 of Plaza Las Americas, across from the Lacoste store. Enter via the entrance near the Genesis store, proceed straight ahead, and take a right before the escalator. 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 the authorized 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 100 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 create frictionless experiences. With over 27 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 Plaza Las Américas
    Plaza Las Américas is the leading shopping center in Puerto Rico and the Caribbean. It is part of a family-owned group of Puerto Rican companies with a commercial tradition that began at the 19th century. The shopping center has over 300 retailers and services, including around 50 food stands or restaurants, and 15 movie theaters. With 2 million square feet, Plaza Las Américas is located in the heart of the San Juan Metropolitan Area, adjacent to the central business district of the Island, and 15 minutes away from the port of San Juan, the Luis Muñoz Marín International Airport, the Convention Center and most of the hotels in the metropolitan area.

    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: Stable versus Struggling: Canada’s Financial Divide Widens

    Source: GlobeNewswire (MIL-OSI)

    – Mortgage Delinquencies Rising in Ontario Amidst Rising Consumer Debt –

    Equifax Canada Market Pulse Quarterly Consumer Credit Trends Report

    TORONTO, Feb. 25, 2025 (GLOBE NEWSWIRE) — A growing financial divide is emerging across Canada, with some borrowers benefiting from lower interest rates while others struggle under mounting debt. According to Equifax Canada’s Q4 2024 Market Pulse Consumer Credit Trends Report, some Ontario mortgage holders are experiencing severe financial distress, with delinquencies more than 50 per cent higher than pre-pandemic levels.

    Total consumer debt in Canada reached $2.56 trillion at the end of 2024, a 4.6 per cent increase over 2023. Non-bank auto loans drove much of this increase, rising 11.7 per cent year-over-year, while the average non-mortgage debt per consumer reached $21,931, exceeding pre-pandemic levels.

    “While some consumers are doing better and seeing financial improvements from lower interest rates, financial pressures have intensified for some Canadians, as well as mortgage holders in certain regions, in particular in Ontario and British Columbia,” said Rebecca Oakes, Vice President of Advanced Analytics at Equifax Canada. “At first glance, the numbers are not concerning, but when we look deeper at a more granular level, many are feeling the strain of high living costs and mortgage renewals with higher payments, while other consumers are doing better and seeing financial improvements from lower interest rates and income growth.”

    For some homeowners, rate cuts have provided some relief. Some borrowers with home equity lines of credit have seen delinquency rates stabilize. Many of these consumers have improved their credit card repayment habits, with more people paying off balances in full.

    Ontario Mortgage Holders Under Pressure and Missing Payments
    More than 11,000 mortgages in Ontario recorded a missed payment in Q4 2024 — nearly three times the number seen in 2022. Mortgage holders who are falling behind in their payments are also carrying substantially higher mortgage balances, reflecting the continued financial strain of higher than pre-pandemic interest rates. The 90+ day mortgage balance delinquency rate in Ontario surged 90.2 per cent year-over-year to 0.22%, far outpacing the change in delinquency rates in other provinces, with BC at 37.7 per cent, Alberta at -3.6 per cent, Quebec at 41.2 per cent, the Prairies (MB and SK) at 0.6 per cent, and the Atlantic provinces (NL, PE, NB, NS) at 15.7 per cent.

    Ontarian mortgage holders are struggling with other forms of debt as well. The 90+ day non-mortgage balance delinquency rate jumped 46.1 per cent from Q4 2023, while other provinces saw smaller rate jumps, with BC at 21.6 per cent, Quebec at 23.3 per cent, Alberta at 6.1 per cent, the Prairies (MB and SK) at 4.1 per cent, and the Atlantic provinces (NL, PE, NB, NS) at 1.5 per cent. In addition, Ontario’s overall rise in non-mortgage delinquency rate was 23.9 per cent, above the national average of 18 per cent.

    “Mortgage holders will typically do everything they can to keep up with payments,” Oakes explained. “The fact that we’re seeing missed payments rise so sharply suggests deeper financial strain. Depending on the type of credit, missed payments have increased from 10 to 80 per cent, compared to pre-pandemic levels.”

    In Toronto, 90+ day non mortgage delinquency rates hit 2.06 per cent, higher than most major cities, reflecting the region’s unique financial challenges.

    Canadian Housing Market: Rebound Tempered by Renewal Challenges

    The overall Canadian mortgage market showed signs of recovery, with new mortgage originations rising 39 per cent year-over-year. First-time homebuyers returned, with a 28.2 per cent increase from the extreme lows of purchases in Q4 2023. Although the average loan amount for first-time buyers remains 6.6 per cent higher than Q4 2023, monthly payments have decreased 7.9 per cent, or $200 lower, to an average loan amount of $2,330.

    Mortgage renewals and refinancing accounted for over 50 per cent of new mortgage originations in Q4 2024, increasing 10.6 per cent from 2023. The average loan amount and balance on mortgage renewals in 2024 surpassed those in 2023 and 2022, with the average balance increasing by 2.9 per cent in 2024 compared to 2023.

    Many consumers renewing their mortgage continue to have higher monthly payments due to elevated interest rates compared to pre-pandemic and pandemic levels, when they last locked in their low rates. This reality is expected to affect around a million mortgages due for renewal in 2025, originating from the low-interest-rate environment of 2020. These borrowers may face significantly higher payments despite recent rate reductions. A quarter of mortgage-holders saw their monthly mortgage payment increase by over $150 at renewal in Q4 2024.

    Consumer Spending and Credit Behaviour

    Credit card debt climbed 7.8 per cent in Q4 2024, though at the slowest rate since 2022. Seasonal spending in December hit a two-year high, with average credit card purchases adjusted for inflation reaching $2,228 per cardholder, a 2.2 per cent increase from 2023.

    Younger and lower income Canadians are experiencing missed payments on credit cards, auto loans, and lines of credit, signaling financial strain among these groups.

    “Despite recent rate cuts and GST tax relief, challenges persist for certain consumers, particularly in consumer debt and housing. The added uncertainty of U.S. tariffs underscores the need for a balanced approach to debt, affordability, and trade. The coming year will be critical for Canada’s economic stability,” said Oakes.

    Age Group Analysis – Debt & Delinquency Rates (excluding mortgages)

      Average
    Debt
    (Q4 2024)
    Average Debt Change
    Year-over-Year
    (Q4 2024 vs. Q4 2023)
    Delinquency Rate ($)
    (Q4 2024)
    Delinquency Rate ($) Change
    Year-over-Year
    (Q4 2024 vs. Q4 2023)
    18-25 $8,483 3.84% 1.92% 15.17%
    26-35 $17,467 0.87% 2.24% 21.24%
    36-45 $27,042 1.96% 1.85% 23.20%
    46-55 $34,564 3.71% 1.33% 19.04%
    56-65 $28,714 5.53% 1.11% 14.26%
    65+ $14,635 3.82% 1.11% 5.55%
    Canada $21,931 2.98% 1.53% 17.98%


    Major City Analysis
    – Debt & Delinquency Rates (excluding mortgages)

    City Average
    Debt
    (Q4 2024)
    Average Debt Change
    Year-over-Year
    (Q4 2024 vs. Q4 2023)
    Delinquency Rate ($)
    (Q4 2024)
    Delinquency Rate ($) Change
    Year-over-Year
    (Q4 2024 vs. Q4 2023)
    Calgary $24,078 0.81% 1.67% 16.23%
    Edmonton $23,665 -0.22% 2.17% 19.00%
    Halifax $21,278 1.46% 1.53% 21.37%
    Montreal $17,057 3.16% 1.43% 20.48%
    Ottawa $19,634 1.75% 1.47% 24.45%
    Toronto $21,054 3.34% 2.06% 23.75%
    Vancouver $23,251 4.12% 1.24% 15.81%
    St. John’s $23,968 1.02% 1.47% 3.62%
    Fort McMurray $37,861 0.26% 2.41% 11.72%


    Province Analysis
    – Debt & Delinquency Rates (excluding mortgages)

    Province Average
    Debt
    (Q4 2024)
    Average Debt Change
    Year-over-Year
    (Q4 2024 vs. Q4 2023)
    Delinquency Rate ($)
    (Q4 2024)
    Delinquency Rate ($) Change
    Year-over-Year
    (Q4 2024 vs. Q4 2023)
    Ontario $22,597 3.51% 1.64% 23.91%
    Quebec $19,156 2.83% 1.08% 16.88%
    Nova Scotia $21,349 2.45% 1.66% 9.28%
    New Brunswick $21,548 2.71% 1.68% 5.80%
    PEI $23,664 3.44% 1.23% 14.34%
    Newfoundland $24,843 3.82% 1.49% 0.05%
    Eastern Region $22,272 2.88% 1.59% 6.32%
    Alberta $24,537 0.74% 1.91% 17.11%
    Manitoba $18,150 2.64% 1.69% 3.14%
    Saskatchewan $23,265 2.29% 1.77% 11.09%
    British Columbia $22,583 3.61% 1.36% 14.16%
    Western Region $22,911 2.34% 1.64% 14.09%
    Canada $21,931 2.98% 1.53% 17.98%

    * Based on Equifax data for Q4 2024

    About Equifax
    At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by nearly 15,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.ca.

    Contact:

    Andrew Findlater
    SELECT Public Relations
    afindlater@selectpr.ca
    (647) 444-1197

    Angie Andich
    Equifax Canada Media Relations
    MediaRelationsCanada@equifax.com

    The MIL Network

  • MIL-OSI China: China firmly opposes Canada’s sanctions against Chinese entities

    Source: China State Council Information Office

    Canada’s practice of sanctioning Chinese entities is unreasonable and very wrong, foreign ministry spokesperson Lin Jian said at a regular news briefing on Tuesday.

    China firmly opposes it and has made solemn representations to the Canadian side, Lin said.

    MIL OSI China News

  • MIL-OSI Economics: Trump’s tariffs threaten profitability of North American insurers, says GlobalData

    Source: GlobalData

    Trump’s tariffs threaten North American insurers’ profitability, says GlobalData

    Posted in Insurance

    On 1 February 2025, US President Donald Trump signed three executive orders to impose tariffs on imports from Canada, Mexico, and China. In retaliation, Canada announced it would impose a 25% tariff on CAD155 billion ($117.8 billion) worth of US goods. Moreover, Trump increased the US tariff rate on steel and aluminum to 25% on 10 February, removing country-specific exceptions and quota arrangements. Consequently, North American region insurers may see increased claims costs in 2025 across various insurance lines, potentially affecting their profitability, says GlobalData, a leading data and analytics company.

    After discussions between the US President and leaders from Mexico and Canada, the proposed tariffs on imports from Canada and Mexico and the retaliatory tariff are delayed by a month. In its retaliation, Canada specified that tariffs on CAD30 billion ($22.8 billion) would take effect immediately from 4 February 2025, and tariffs on the remaining CAD125 billion ($95 billion) would follow within 21 days. Set to take effect on 12 March 2025, the US tariffs will impact imports of millions of tons of steel and aluminum, affecting goods previously duty-free from countries like Canada, Brazil, Mexico, and South Korea.

    Manogna Vangari, Insurance Analyst at GlobalData, comments: “Upon implementation, high tariffs will significantly affect trade throughout North America, not solely due to the substantial volume of commerce but also owing to the critical role of supply chains, which account for more than half of intra-regional trade, as per GlobalData’s estimates.

    “Furthermore, the Trump administration plans to raise tariffs on oil and gas in March 2025. This is expected to have a detrimental impact on the insurance industry, manifested by reduced economic activity and consumer spending. However, it is expected that Canada, Mexico, and China will soon contest these tariffs by initiating a legal case with the World Trade Organization (WTO).”

    The North America region’s property and motor insurance claims are projected to represent a 13.4% and 16.1% share of total general insurance claims in 2025. However, the full and actual implementation of the tariff rates may push actual claims even higher. Consequently, the profitability of North America’s general insurance sector is expected to be notably affected, with claims projected to grow at a rate of 6.9% in 2025 from 3.3% in 2024.

    According to GlobalData’s Global Insurance Database, North America’s general insurance industry is expected to grow at a compound annual growth rate (CAGR) of 6.7% over 2025–29, from $2.7 trillion in 2025 to $3.5 trillion in 2029, in terms of written premiums.

    Vangari continues: “Tariffs on imported materials like building supplies, car parts, and electronics will increase the cost of vehicle repairs and property reconstruction after disasters, causing insurers to pay more claims across the region. Insurance companies may raise premiums for property and motor policies.”

    Around 90% of auto exports from Mexico and Canada go to the US, according to the Mexican and Canadian Automotive Manufacturers’ Associations. High tariffs and supply chain delays will increase repair times, causing higher costs for living arrangements and rental vehicles, and protracted business interruptions. This could impact the competitiveness of the North American production and manufacturing industry, and the insurance industry.

    Vangari concludes: “A global trade war is a looming concern. If tariffs escalate or supply chains get tangled, economic growth could take a hit, which would change the fundamental risk pool for insurers across North America’s region. As broader tariffs on Canada and Mexico remain on hold, businesses and insurance companies must prepare for potential adverse outcomes across the region in the next few years.”

    MIL OSI Economics

  • MIL-OSI China: Chinese filmmaker Huo Meng makes history with Berlinale win

    Source: China State Council Information Office 3

    Director Huo Meng on Saturday became the first Chinese mainland filmmaker to win the Silver Bear for best director at the 75th Berlin International Film Festival, receiving the honor for his film “Living the Land.”

    Chinese director Huo Meng poses with his Silver Bear award for best director at the 75th Berlin International Film Festival in Berlin, Germany, Feb. 22, 2025. [Photo courtesy of Shanghai Film Group]

    The film, produced by Shanghai Film Group and written and directed by Huo, captures daily life in 1990s north China through documentary-like cinematography and the authentic use of Henan province’s local dialect. The film stars Wang Shang, Zhang Chuwen and Zhang Yanrong, with renowned Chinese actor Yao Chen as executive producer.

    The story follows 10-year-old Xu Chuang, who lives with his grandmother and the Li family after his parents move to the city. Through scenes of spring plowing, autumn harvests, weddings and funerals, the film captures rural life and human relationships. Shot in a warm realist style, it depicts Xu’s family — hardworking, resilient and hopeful — as they strive for a better life, witnessing quiet yet profound changes in their community as they navigate tradition and modernity.

    In his acceptance speech, Huo emphasized filmmaking’s collaborative nature. “I am grateful to the actors for portraying a group of hardworking, kind-hearted and resilient ordinary people. The most captivating aspect of film is its ability to connect the emotions of people from different places,” he said.

    A still from “Living the Land.” [Photo courtesy of Shanghai Film Group]

    The film has received critical acclaim since its Feb. 14 premiere at the festival. The Hollywood Reporter critic Jordan Mintzer stated that it “immerses the viewer in a remote Chinese agricultural community with all the precision and beauty of an accomplished artist,” and praised Huo as “a master at embedding the drama within a broader fresco of social and economic transformation.” In a review for Variety, Guy Lodge wrote, “Though it’s gently paced and narratively diffuse, ‘Living the Land’ is never dull, thanks to a wealth of incident and the complexity of relationships in Huo’s extended family portrait.”

    “I spent my childhood in a rural village,” the director said at the premiere. “For thousands of years, China’s countryside has shaped deeply moving qualities in the Chinese people, such as diligence, kindness and resilience.”

    The film, shot over a year, follows its characters through all four seasons. “It creates a realm where we can experience the way of life and the intense emotional bonds, while also witnessing the possibility of change,” Huo shared.

    A poster for “Living the Land.” [Image courtesy of Shanghai Film Group]

    “Living the Land” is Huo’s third feature film, and he is the first Chinese filmmaker born in the 1980s to win a Silver Bear. An associate professor at the Shanghai Film Academy of Shanghai University, Huo previously won directorial awards for “Crossing the Border-Zhaoguan.” The Shanghai International Film Festival selected him last year for its SIFF YOUNG program, which supports emerging filmmakers with domestic and international film industry resources.

    The 75th Berlin International Film Festival, also known as the “Berlinale,” ran from Feb. 13 to 23. Norwegian director Dag Johan Haugerud won the Golden Bear for best film with “Dreams,” while Brazilian filmmaker Gabriel Mascaro’s “The Blue Trail” received the grand jury prize. U.S. director Todd Haynes led the main competition jury. Nineteen films competed in the main competition, including two Chinese entries — the other being “Girls on Wire” by director Vivian Qu.

    MIL OSI China News

  • MIL-OSI NGOs: Greenpeace organisations begin trial defense against Energy Transfer’s SLAPP

    Source: Greenpeace Statement –

    Mandan, North Dakota — Ten years after the world watched the Indigenous-led protests at the Dakota Access Pipeline unfold, representatives from Greenpeace International (GPI) and two Greenpeace entities in the United States arrive at a Morton County courthouse to fight a meritless lawsuit brought by Energy Transfer (ET), today. 

    The trial is currently open to the public in the North Dakota courthouse. Multiple attempts by media and watchdog groups to petition the court for greater transparency and accessibility to the trial proceedings have been denied. The Greenpeace parties’ request for public livestreaming was denied, and a request for expanded media cover by a number of outlets and journalists was also recently denied.

    The US-based fossil fuel pipeline company behind the Dakota Access Pipeline is seeking US$300 million in damages in one of the world’s most brazen examples of a Strategic Lawsuit Against Public Participation (SLAPP). ET’s lawsuit attempts to rewrite the history of the Indigenous-led protest at Standing Rock and could have a chilling impact on free speech in the US and beyond. Since 2017, GPI and Greenpeace organisations in the US have been defending against ET’s lawsuits[1], which ridiculously claim the protests were orchestrated by Greenpeace.

    Deepa Padmanabha, Senior Legal Advisor, Greenpeace USA said: “Beyond the impact that this lawsuit could have on the Greenpeace entities, one of the most worrisome things about the case is that it could establish dangerous new legal precedents that could hold any participant at protests responsible for the actions of others at those protests. And you can imagine that this would have a serious chilling effect on anybody who wants to engage in protest.”

    Kristin Casper, General Counsel, Greenpeace International said: “We are confident Greenpeace International, along with our co-defendants in the US, will ultimately prevail. We will defend Greenpeace International at trial, while also pursuing efforts to recover the costs incurred as a result of ET’s SLAPP suits in the US through legal proceedings in the Netherlands. We are grateful for the support we are receiving from around the world, because when the movement acts together, we win.”

    GPI initiated the first test of the European Union’s anti-SLAPP Directive by filing a lawsuit in Dutch court against ET earlier this month. GPI seeks to recover all damages and costs it has suffered as a result of ET’s back-to-back, meritless lawsuits demanding hundreds of millions of dollars against GPI and the Greenpeace organisations in the US.[2] 

    Energy Transfer’s lawsuits are clear-cut examples of SLAPPs.[3] ET’s lawsuits have been an attempt to bury nonprofits and activists in legal fees, push them towards bankruptcy and ultimately silence dissent. 

    ENDS 

    Notes:

    1. ET’s first lawsuit was filed in federal court under the RICO Act – the Racketeer Influenced and Corrupt Organizations Act, a US federal statute designed to prosecute mob activity. The case was dismissed, with the judge stating the evidence fell “far short” of what was needed to establish a RICO enterprise. The federal court did not decide the defamation or conspiracy claims so ET promptly filed a new case in a North Dakota state court with these and other state law claims 

    2. Greenpeace International files lawsuit against Energy Transfer in first use of EU anti-SLAPP Directive

    3. A report by the Coalition Against SLAPPs in Europe (CASE) documented 1049 SLAPP suits in Europe in the period 2010-2023, with 166 lawsuits initiated in 2023. Big Oil companies Shell, Total, and ENI have also filed SLAPPs against Greenpeace entities in recent years, with attempts at silencing ending in embarrassment for Shell and Total.

    Contacts:

    Greenpeace International Press Desk, +31 (0)20 718 2470 (available 24 hours), [email protected]

    MIL OSI NGO

  • MIL-OSI USA: Padilla Presses for Answers on DOGE Cuts to Critical Housing Programs and Staff

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    WASHINGTON, D.C. — U.S. Senator Alex Padilla (D-Calif.) and 24 other Senators sounded the alarm on concerning reports that President Trump’s Department of Government Efficiency (DOGE) Task Force will make wide-ranging, harmful cuts hampering the Department of Housing and Urban Development’s (HUD) ability to support vulnerable communities and combat the housing and homelessness crises.

    The DOGE Task Force plans reportedly include laying off 50 percent of its workforce, eliminating half of HUD’s field offices, and gutting critical programs that protect families and people with disabilities from discrimination, help address the housing and homelessness crises, and support communities recovering from disasters. HUD has three field offices in California, and these cuts are especially concerning as Southern California recovers from the devastating fires last month. HUD only recently rebuilt its workforce after a 20 percent drop between 2012 and 2019, and further cuts threaten disaster recovery efforts while delaying housing development.

    “HUD engages in critical work supporting communities in expanding their housing supply, providing rental assistance, and preventing homelessness—work that is urgently important for millions of Americans looking to purchase a home to build generational wealth or find an affordable place to rent,” wrote the Senators. “Axing these offices will handicap the Department’s ability to serve the American public and exacerbate the housing crisis we currently find ourselves in.”

    “DOGE’s actions thus far at other agencies have caused widespread chaos, hampered the ability of agencies to do their work, and provided potentially illegal data access to individuals with conflicts of interest,” continued the Senators. “There is no indication that DOGE’s work at HUD will be any less detrimental.”

    There are also reports that HUD is terminating the Green and Resilient Retrofit Program, which was authorized by Congress to help repair and improve efficiency in homes for families, seniors, and people with disabilities. These funds have already been awarded and obligated to nonprofits and other housing providers to improve more than 30,000 homes all across the country — but now DOGE at HUD is trying to claw these funds back. In 2024, California received five green and resilient retrofit program grants.

    The Senators also expressed confusion and frustration at the lack of transparency surrounding the launch of a HUD DOGE Task Force identifying a purported $260 million in wasteful HUD contracts, and asked HUD Secretary Scott Turner to provide additional information and a precise accounting of the alleged wasteful spending identified by DOGE.

    The letter, led by Senators Angela Alsobrooks (D-Md.), Elizabeth Warren (D-Mass.), and Tina Smith (D-Minn.), was signed by Padilla as well as Senators Richard Blumenthal (D-Conn.), Maria Cantwell (D-Wash.), Catherine Cortez Masto (D-Nev.), Tammy Duckworth (D-Ill.), Dick Durbin (D-Ill.), Ruben Gallego (D-Ariz.), Kirsten Gillibrand (D-N.Y.), Mazie Hirono (D-Hawaii), Tim Kaine (D-Va.), Amy Klobuchar (D-Minn.), Ben Ray Luján (D-N.M.), Edward J. Markey (D-Mass.), Jeff Merkley (D-Ore.), Patty Murray (D-Wash.), Gary Peters (D-Mich.), Jack Reed (D-R.I.), Bernie Sanders (I-Vt.), Chuck Schumer (D-N.Y.), Chris Van Hollen (D-Md.), Raphael Warnock (D-Ga.), and Ron Wyden (D-Ore.).

    Senator Padilla believes everyone deserves access to affordable and safe housing and recognizes the need to drastically increase the affordable housing stock to address the homelessness crisis facing California and the country, including to support disaster victims. In the aftermath of the Los Angeles fires, Padilla introduced the bipartisan Disaster Housing Reform for American Families Act to expedite, expand, and improve temporary housing available to victims of disasters like wildfires and storms. Last year, he announced the reintroduction of his Housing for All Act, a comprehensive approach to invest in proven, locally-developed solutions to address the homelessness and affordable housing crises.

    Full text of the letter is available here and below:

    Dear Secretary Turner:

    We write regarding your recent announcement that you have launched a “Department of Government Efficiency” (DOGE) Task Force at the Department of Housing and Urban Development (HUD) and your statement indicating that DOGE has identified $260 million in wasteful contracts at HUD. We are also seeking additional information about alarming reports of HUD’s plans to cancel a program serving families, seniors, and people with disabilities and fire half of its workforce. To address these questions, we request information about DOGE’s involvement at HUD, and the impact it is having on HUD funding and staffing needed to implement its mission.

    HUD engages in critical work supporting communities in expanding their housing supply, providing rental assistance, and preventing homelessness—work that is urgently important for millions of Americans looking to purchase a home to build generational wealth or find an affordable place to rent.

    According to public reports, HUD plans to lay off 50 percent of its workforce. These cuts would eliminate half of HUD’s field offices serving local communities across the country and gut the offices of Fair Housing and Equal Opportunity (FHEO), Policy Development and Research (PD&R), and Community Planning and Development (CPD), which protect families and people with disabilities from discrimination, address our homelessness crisis, and provide resources to communities to tackle our housing shortage and recover from disasters. Axing these offices will handicap the Department’s ability to serve the American public and exacerbate the housing crisis we currently find ourselves in.

    In addition to personnel cuts, you also announced that HUD and DOGE have identified $260 million in savings on wasteful contracts. If this represents legitimate waste, we are happy to work with you to wipe it out. But to date, there has been no transparency about DOGE’s involvement, or what exactly it is finding. We ask that you provide additional information on the allegedly wasteful spending identified by DOGE, and a clear accounting of how these funds have been misused. This is particularly important because, even before implementing any cuts, HUD’s DOGE Task Force is already interfering with the department’s future planning and funding which is critical to boosting our nation’s housing supply. Public reporting suggests that DOGE’s request for information on HUD’s contracts has put all “future funding grants […] effectively on pause.”

    Further, reports indicate HUD is now terminating the Green and Resilient Retrofit Program, which was provided by Congress to help repair and improve efficiency in homes for families, seniors, and people with disabilities. These funds have already been awarded and obligated to nonprofits and other housing providers to improve more than 30,000 homes all across the country.

    But now, HUD is trying to claw these funds back, cancelling signed contracts and breaking its word to residents and owners. Not only is this bad faith, but it also cuts a program that will reduce operating costs and protect families and seniors from the effects of disasters. Without these funds or continued trust in HUD as a reliable partner, some properties in dire need of rehabilitation may opt out of the program and be permanently lost from our country’s already limited stock of affordable housing, in red and blue states alike.

    DOGE’s actions thus far at other agencies have caused widespread chaos, hampered the ability of agencies to do their work, and provided potentially illegal data access to individuals with conflicts of interest. There is no indication that DOGE’s work at HUD will be any less detrimental.

    During your testimony in front of the Senate Committee on Banking, Housing, and Urban Affairs, you spoke about empowering HUD employees and serving HUD’s mission “to create strong and sustainable communities and support quality affordable homes — serving the most vulnerable of our nation.”

    It is not clear how laying off half its staff serves HUD’s mission, or whether the $260 million figure you referred to in your interview represents legitimate waste and abuse. As HUD Secretary, it is your job to ensure that the millions of Americans who rely on HUD can continue to do so without DOGE’s interference.

    As members of the Senate who have authorized and funded HUD’s programs and are responsible for its oversight, it is critical that we understand the scope of DOGE’s activities at HUD. We request that you answer the following questions by February 26, 2025:

    1. How many individuals are currently part of HUD’s DOGE Task Force? Please provide the names of all Task Force members and whether they are considered employees of HUD or any other federal agency.

    2. What are the specific components of the $260 million in contracts that you described in your February 11, 2025, interview on The Charlie Kirk Show? Please provide a list of all contracts that DOGE employees have identified as wasteful and the justification for cancellation.

    3. Do members of the DOGE Task Force have access to any non-public HUD information, including data systems, contracting systems, personnel records, or other legal records? Does this include proprietary Tribal enrollment data submitted for Native American Housing Assistance and Self-Determination Act (NAHASDA) funding?

    4. What steps have you taken to protect Americans’ data and ensure compliance with the Privacy Act?

    5. What are the objectives of the HUD DOGE Task Force and how long will the Task Force be in place?

    6. Has there been any pause or delay in disbursing or obligating HUD funds, including delays in signing grant agreements, since January 20, 2025? Please provide a detailed accounting of any pauses or delays.

    7. Has HUD cancelled – or does HUD intend to cancel – the Green and Resilient Retrofit Program, including terminating or failing to enter into awards or contracts?

    8. Please explain in detail any plans to reduce HUD staffing below the level of staff employed at the agency on January 20, 2025, including:

    a. Current or planned changes in staffing by HUD Office and the reason for any change, including retirement, participation in a Deferred Resignation Program, or other actions;

    b. The number of staff that would be present in each HUD Office after planned changes; and

    c. Whether any programs or functions of HUD would be reduced or eliminated.

    9. Are there any programs, functions, or offices you plan to eliminate at HUD? If so, please provide a list of those programs, functions, or offices. If not, please detail how you intend to perform HUD’s critical functions and prevent mismanagement of funds with the proposed staff reductions.

    As DOGE’s work is already affecting HUD programs and personnel, it is critical that Congress, which funds and oversees HUD activities, understands the full scope of DOGE’s work within HUD immediately. Thank you for your prompt attention to this urgent matter.

    Sincerely,

    MIL OSI USA News

  • MIL-OSI USA: Padilla Denounces President Trump’s Unlawful Transfer of Immigrants to Guantánamo Bay

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    Padilla Denounces President Trump’s Unlawful Transfer of Immigrants to Guantánamo Bay

    WASHINGTON, D.C. — Today, U.S. Senator Alex Padilla (D-Calif.), Ranking Member of the Senate Judiciary Immigration Subcommittee, joined Democratic leaders of the Senate Judiciary and Appropriations Committees in denouncing President Trump’s transfer of immigrants from the United States to Guantánamo as unlawful and demanded answers to basic questions regarding these unlawful transfers.

    The Senators outlined the illegal and unjustified nature of the directive transferring immigrants to Naval Station Guantánamo Bay, which followed President Trump’s directive to the Secretaries of Defense and Homeland Security to prepare the base to hold tens of thousands of noncitizens. The Senators emphasized that noncitizens inside the United States are entitled to legal protections under American immigration law and the Constitution, including due process.

    “These actions are unprecedented, unlawful, and harmful to American national security, values, and interests. The United States has never sent anyone from the United States to be detained at Guantánamo before now,” wrote the Senators. “… There is no basis in U.S. immigration law for transferring noncitizens arrested inside the United States to a location outside of the United States for detention prior to or for the purposes of conducting removal proceedings.”

    “Such hasty and unlawful actions will cause harms to the United States for years to come. As those familiar with the long history of operations at Guantánamo can tell you, detaining individuals there is not a quick fix. Congress has not appropriated funds for such purposes for good reason,” continued the Senators. “Given the isolated location of the base, its controversial history, and the lack of legal authority to detain noncitizens there, continuing down this path will invite more litigation, drain resources, place undue strain on our servicemembers, diminish military readiness, undermine support from our allies, and harm our standing in the world.”

    The Senators also refuted a false Department of Homeland Security statement to the Committee that suggests immigrants with final orders of removal do not need access to counsel. They said that individuals in civil immigration detention have a right to access counsel under ICE detention standards and immigration law even if they have a final removal order, and impeding this access to counsel could violate the Constitution.

    Additionally, they countered the Trump Administration’s false claim that only high-risk, “worst of the worst” criminals are being detained. In fact, public reporting has shown that noncitizens who DHS itself deemed low risk were sent to Guantánamo, and the Administration has not ruled out detaining children and families at Guantánamo, declaring its decisions would be made on a “case-by-case basis.”

    Padilla joined U.S. Senate Democratic Whip Dick Durbin (D-Ill.), Ranking Member of the Senate Judiciary Committee, as well as Senators Patty Murray (D-Wash.), Chris Murphy (D-Conn.), and Peter Welch (D-Vt.) in signing the letter.

    Full text of the letter to President Trump is available here and below:

    Dear President Trump:

    We write to object to your illegal and unjustified transfers of noncitizens from the United States to the detention center at Naval Station Guantánamo Bay, which follows your directive to the Secretaries of Defense and Homeland Security to prepare the base to hold tens of thousands of noncitizens. These actions are unprecedented, unlawful, and harmful to American national security, values, and interests.

    The United States has never sent anyone from the United States to be detained at Guantánamo before now. More than three decades ago, the base was used temporarily to house sudden influxes of migrants from Haiti and Cuba who were interdicted at sea by the U.S. Coast Guard. Since then, the Department of State and Department of Homeland Security (DHS) have jointly provided housing and other services for a small number of migrants interdicted at sea at the Migrant Operations Center (MOC). Operations supporting even this limited number of migrants have proven challenging and there have been serious concerns regarding the living conditions of the MOC and insufficient access to basic legal rights and services.

    There is no basis in U.S. immigration law for transferring noncitizens arrested inside the United States to a location outside of the United States for detention prior to or for the purposes of conducting removal proceedings. Noncitizens inside the United States are entitled to numerous protections under U.S. immigration law and the U.S. Constitution. For example, removal processes under our immigration laws afford noncitizens due process and an opportunity to seek protection from removal to a place where they could face persecution or torture. These rights cannot be extinguished by transfer to a location outside the United States. Simply put, if the processes for obtaining a lawful removal order have not been followed, the forcible removal of a noncitizen to Guantánamo violates U.S. immigration law.

    Moreover, U.S. immigration law does not provide authority to detain noncitizens after their removal from the United States following a final order of removal. Immigration custody authority is based on immigration enforcement powers to seek and execute a removal order. Once an individual with a removal order departs the United States and arrives in a location outside the United States, the removal order has been executed. After that point, there is no basis under immigration law to retain custody of the individual. In addition, individuals in civil immigration detention have a right to access counsel under ICE detention standards, and immigration laws governing removal proceedings. Impeding access to counsel for detained noncitizens also may violate the Constitution in some circumstances. In addition, individuals in immigration detention may have appeal or other review rights and cannot be held indefinitely, and the only effective means by which a detained individual could assert these rights would be through access to counsel.

    Based on information provided to the Judiciary Committee and in court filings, we are concerned that your Administration did not consider these serious legal concerns or have any plan to address them prior to transferring noncitizens from the United States to Guantánamo. In response to the Judiciary Committee’s inquiry regarding how noncitizens will access counsel once on the base, DHS stated, “Removable aliens housed will be those with final orders pending removal.” This suggests that noncitizens with final orders of removal do not need access to counsel, which is inaccurate. After individuals and legal organizations filed suit seeking access to the noncitizens, the Department of Justice filed a brief arguing that these noncitizens’ constitutional rights were not violated, because, though they did not have a right to meet with attorneys in person under the circumstances, other means of communicating with counsel, such as by telephone, were available. Yet just the day before, when the Judiciary Committee requested details regarding how noncitizens being held at Guantánamo could contact counsel when granted access to a phone, DHS did not know what, if any, procedures were in place to notify them of their rights or provide them with contact information for legal services. Your Administration’s actions and these responses raise serious legal concerns and call into question what effort, if any, was put into ensuring that the transfer of noncitizens complied with applicable laws and regulations.

    While such clarification should be unnecessary, we must also emphasize that there is no colorable argument that noncitizens, including those convicted, accused, or suspected of crimes or criminal associations, can be held in law of war detention or in Department of Defense custody, whether at Guantánamo or anywhere else. The law of war detention facility at Guantánamo has been used to hold alleged members of al Qaeda and “associated forces” in connection with the armed conflict between the United States and these groups following the 9/11 attacks. While these detention operations have been the subject of significant controversy and criticism, these detainees have all been captured abroad and detained pursuant to the 2001 Authorization for Use of Military Force and Section 1021 of the FY 2012 National Defense Authorization Act.

    While no noncitizen should be sent from the United States to Guantánamo, it also appears that your Administration’s claims that it was sending “worst of the worst” there are misleading. Public reporting indicates that noncitizens who DHS deemed low risk were sent to Guantánamo. In response to inquiries from Judiciary Committee staff, your Administration has even left open the possibility that families, including children, will be detained at Guantánamo, stating that future decisions regarding detention would be made on a “case-by-case basis.”

    Your efforts to house or detain noncitizens forcibly removed from the United States at the MOC and the Camp 6 law of war detention facilities at Guantánamo are cruel, unlawful, and unprecedented. Such hasty and unlawful actions will cause harms to the United States for years to come. As those familiar with the long history of operations at Guantánamo can tell you, detaining individuals there is not a quick fix. Congress has not appropriated funds for such purposes for good reason. Given the isolated location of the base, its controversial history, and the lack of legal authority to detain noncitizens there, continuing down this path will invite more litigation, drain resources, place undue strain on our servicemembers, diminish military readiness, undermine support from our allies, and harm our standing in the world.

    We urge you to heed these lessons, follow the law, refrain from any further expansion of facilities, and cease transferring noncitizens to Guantánamo. To inform our oversight of this situation, please answer the following questions by March 10, 2025:

    1. What is your Administration’s claimed legal authority for transporting noncitizens from the United States to the Naval Station at Guantánamo Bay? Relatedly, what is your claimed legal basis for detaining noncitizens there, whether at the MOC, JTF-GTMO, or other facilities?

    2. What are your Administration’s criteria for determining which noncitizens would be sent to Guantánamo?

    3. Will you definitively state that families and children will not be sent to Guantánamo?

    4. For what crimes, if any, were the individuals previously sent to Guantánamo convicted? Were individuals provided with representation in their criminal proceedings?

    5. To what legal processes and rights does your Administration consider individuals sent to Guantánamo to be entitled, including relative to individuals in immigration detention inside the United States and individuals currently housed at the MOC?

    6. How will your Administration ensure that these rights, such as access to counsel and administrative and judicial review, are upheld given the restricted access to Naval Station Guantánamo Bay?

    7. How many ICE personnel are stationed at the MOC? How many are stationed at Camp 6?

    8. What are the projected costs of expanding the MOC and any other operations or actions associated with the transfer of noncitizens to or from Naval Station Guantánamo Bay? How much have the actions already taken cost U.S. taxpayers and how does that compare to the cost of detaining immigrants inside the U.S.? What is the source of funding for these efforts?

    9. What impact will these operations and expenditures have on military readiness and availability of funds for immigration detention and enforcement inside the United States?

    10. How does your Administration plan to ensure the facilities meet required standards of care for housing, food, medical care, security, sanitation, education, employment, and the like for both detained noncitizens and U.S. military personnel at the base, given the already deteriorated state of facilities at the base? What contingency plans do you have in place for weather conditions or other emergency situations?

    11. How does your Administration plan to ensure that Congress and the American people, including the press and civil society, have access to information regarding these operations, including who is, was, or will be detained there and under what conditions and authorities?

    12. What is your long-term objective and strategy for these detentions, including your plan for individuals for whom repatriation or resettlement may not be feasible?

    13. Reporting indicates that in one case, you have brought a noncitizen you had transferred to Guantánamo back to the United States. Is this true? If so, why, and under what authorities?

    We look forward to your prompt response.

    Sincerely,

    MIL OSI USA News

  • MIL-OSI USA: Grassley, Johnson Demand National Archives Fulfill Request for Biden Records

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    WASHINGTON – Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) and Permanent Subcommittee on Investigations Chairman Ron Johnson (R-Wis.) are renewing their request for the National Archives and Records Administration (NARA) to provide records related to former-President Joe Biden’s mishandling of classified documents and use of pseudonyms and personal email addresses for official business during his time as Vice President. 

    “Since 2021, we have conducted oversight of Joe Biden’s use of multiple pseudonyms and personal email addresses for official government business when he served as Vice President. Despite our multiple requests for information, the Biden White House failed to respond,” the senators wrote

    “Although former President Biden is no longer in office, and he pardoned his son Hunter and other family members, we believe it is of importance to review these records so the American people have a full accounting of Joe Biden and his family’s activities while Joe Biden was in government,” they concluded

    Read the full letter HERE. 

    A timeline of Grassley and Johnson’s prior requests to NARA follows: 

    • August 2023: Letter to then-NARA Archivist Colleen Shogan regarding Biden’s use of pseudonyms and personal email addresses 
    • March 2023: Letter to then-NARA Acting Archivist Debra Steidel Wall regarding Biden’s mishandling of classified documents 
    • February 2023: Letter to then-NARA Acting Archivist Debra Steidel Wall regarding Biden’s mishandling of classified documents 
    • January 2023: Letter to then-Secret Service Director Kimberly Cheatle regarding Biden’s mishandling of classified documents 
    • January 2023: Letter to then-NARA Acting Archivist Debra Steidel Wall regarding Biden’s mishandling of classified documents 
    • January 2023: Letter to then-White House Counsel Richard Sauber regarding Biden’s mishandling of classified documents 
    • June 2022: Letter to then-White House Counsel Richard Sauber regarding Biden’s use of pseudonyms and personal email addresses 
    • July 2021: Letter to then-White House Counsel Dana Remus regarding Biden’s use of pseudonyms and personal email addresses 
    • June 2021: Letter to then-NARA Archivist David Ferriero regarding Biden’s foreign financial dealings 

    -30-

    MIL OSI USA News

  • MIL-OSI USA: Tuberville, Moran Bolster Rural Broadband, Prevent Taxation of Broadband Deployment Grants

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville

    WASHINGTON – U.S. Senator Tommy Tuberville (R-AL) joined U.S. Senator Jerry Moran (R-KS) in reintroducing legislation to amend the Internal Revenue Code to make certain that federal broadband deployment funding will not be considered taxable income.

    Grants awarded to broadband providers for the purposes of broadband deployment are currently factored into a company’s income and taxed as income. This bipartisan legislation moves to exclude broadband deployment grants awarded through certain federal programs from an organization’s income, ensuring the entirety of federal dollars are awarded to companies for the purpose of deploying broadband around the country can be used for that purpose, rather than making their way back to the government through taxes. 

    “Rural communities are the backbone of our nation, and we want to ensure that Americans living in these communities have access to high-speed internet,” said Sen. Tuberville. “Taxing broadband grants would undermine state efforts to prioritize rural broadband expansion. I am proud to support this legislation so that those living in rural America have internet needed to run their businesses, access health care, and pursue educational opportunities.”

    “Reliable, high-speed internet is more crucial than ever for Kansans to run their businesses, access telehealth or pursue and education,” said Sen. Moran. “This commonsense legislation would make certain federal grants provided for broadband deployment are not counted as taxable income to maximize the impact and success of these resources.”

    U.S. Sens. Tuberville and Moran are joined by U.S. Sens. Shelley Moore Capito (R-WV), Kevin Cramer (R-ND), Deb Fischer (R-NE), Tim Kaine (D-VA), Mark Kelly (D-AZ), Angus King (I-ME), Dan Sullivan (R-AK), Mark Warner (D-VA), Raphael Warnock (D-GA), and Roger Wicker (R-MS) in cosponsoring the legislation.

    Sen. Tuberville cosponsored this legislation in the 118th Congress. 

    Read full text of the legislation 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

  • MIL-OSI USA: Tillis, Shaheen Introduce Bipartisan Resolution Supporting Ukraine on Third Anniversary of Russia’s Invasion

    US Senate News:

    Source: United States Senator for North Carolina Thom Tillis

    WASHINGTON, D.C. – Today, on the third anniversary of Russia’s invasion of Ukraine, Senators Thom Tillis and Jeanne Shaheen, Co-Chairs of the Senate NATO Observer Group, alongside 14 of their Senate colleagues, introduced a bipartisan resolution acknowledging the third anniversary of Russia’s invasion of Ukraine and expressing the U.S. Senate’s unwavering support for Ukraine. 

    “As we mark the third anniversary of Russia’s illegal invasion of Ukraine, it is critical that we maintain our support for the Ukrainian people and hold Putin accountable as the United States seeks to secure a lasting peace,” said Senator Tillis. “This resolution reinforces our bipartisan commitment to supporting Ukraine as a free and sovereign nation.”

    “As Vladimir Putin’s illegal and brutal full-scale invasion enters its fourth year, I’m proud to introduce this bipartisan resolution that clearly states our unwavering support for and solidarity with the Ukrainian people and condemns Russia’s aggression,” said Senator Shaheen. “During my recent visit to Ukraine with Senators Tillis and Bennet, we witnessed the Ukrainian Armed Forces’ determined resistance and the government’s commitment to democracy, despite constant Russian attacks. This resolution reaffirms our commitment to supporting Ukraine’s sovereignty, supports Ukraine’s Euro Atlantic integration, and emphasizes the need for Ukraine to be at the negotiating table when determining its own future.” 

    Background: 

    The resolution expresses the U.S. Senate’s unwavering support for Ukraine’s sovereignty and territorial integrity while condemning Russia’s illegal aggression and attempts to seize Ukrainian territory. It also commends NATO, the Ukraine Defense Contact Group, and the international community for their continued efforts to support Ukraine’s defense and the protection of human rights and emphasizes Ukraine’s right to be included in any discussions with Russia about its future. 

    In addition to Senators Tillis and Shaheen, the resolution is co-sponsored by Senators Roger Wicker (R-MS), Dick Durbin (D-IL), John Curtis (R-UT), Tim Kaine (D-VA), Lisa Murkowski (R-AK), Chris Coons (D-DE), Chuck Grassley (R-IA), Michael Bennet (D-CO), Steve Daines (R-MT), Sheldon Whitehouse (D-RI), Mitch McConnell (R-KY), Chris Murphy (D-CT), Susan Collins (R-ME), and Chris Van Hollen (D-MD). 

    Full text of the resolution is available HERE

    MIL OSI USA News

  • MIL-OSI USA: Senators Collins, Bennet Reintroduce Bill to Make High-Rise Apartments Safer for Residents, Firefighters

    US Senate News:

    Source: United States Senator for Maine Susan Collins

    Washington, D.C. — U.S. Senators Susan Collins, co-chair of the Congressional Fire Services Caucus, and Michael Bennet (D-CO) reintroduced the High-Rise Fire Sprinkler Incentive Act to help place more sprinklers in older high-rise residential buildings where fires are especially dangerous. Companion legislation has been reintroduced in the House of Representatives by Representatives Nicole Malliotakis (R-NY-11) and John Larson (D-CT-1), another co-chair of the Congressional Fire Services Caucus.

    “The annual cost of fires is enormous, resulting in the deaths of thousands of Americans and causing billions of dollars in property damage. Fortunately, state-of-the-art sprinkler systems can help avert these tragedies by controlling and extinguishing fires, protecting firefighters, and saving countless lives,” said Senator Collins. “This bipartisan bill would create a tax incentive for property owners to modernize the sprinkler systems in their high-rise buildings, helping better protect these communities.”

    “Older high-rise apartments pose serious risks for residents and firefighters because they were completed before modern fire codes required sprinklers,” said Senator Bennet. “This common-sense, bipartisan bill can help save lives by encouraging building owners to modernize their properties by installing sprinklers.”

    Recent research has found that Americans “have the least amount of time today to safely exit their homes in the event of a fire than at any time in history,” and fire deaths have steadily increased over the last decade. However, the current tax code does not adequately incentivize high-rise building owners to install fire sprinklers, since it treats them similarly to plumbing and depreciates the costs over 39 years. The High-Rise Fire Sprinkler Incentive Act encourages high-rises to modernize their fire prevention systems by decreasing this cost recovery to 15 years. 

    “Fire sprinklers are one of the most effective ways to save the lives of both civilians and firefighters in the event of a fire,” said Bill Webb, Executive Director, Congressional Fire Services Institute. “The Congressional Fire Services Institute (CFSI) strongly supports the High-Rise Fire Sprinkler Incentive Act, which will make it more economical to install fire sprinkler systems in residential high-rise properties. Incentivizing installation of fire sprinkler systems will help to protect property and most importantly, save lives. CFSI looks forward to working with Senators Bennet and Collins, and Representatives Malliotakis and Larson to help this bill become law.”

    “Residential high-rise structures are among the most challenging and dangerous environments the fire service operates in,” said Victor Stagnaro, Chief Executive Officer, National Fallen Firefighters Foundation. “Automatic fire sprinklers are a proven technology that contains fire, provides residents the necessary time to evacuate, and saves lives. We applaud Senator Bennet, Senator Collins, Representative Malliotakis, and Representative Larson for their continued commitment to the safety of our citizens and the health and well-being of our nation’s firefighters.”

    “Sprinklers save lives by helping address unique challenges posed by high-rise buildings such as longer egress times and distance, fire department accessibility and fire control,” Jim Pauley, President and CEO, National Fire Protection Association (NFPA). “NFPA strongly supports the bipartisan High-Rise Fire Sprinkler Incentive Act and urges Congress to act quickly.”

    “Statistics consistently show that fire sprinkles save lives,” said Steve Hirsch, Chair, National Volunteer Fire Council. “I applaud Senators Bennet and Collins and Reps. Malliotakis and Larson for reintroducing this important legislation, which would incentive the installation of sprinklers in high-rise buildings.”

    “Almost every high-rise fire in this country has a firefighter injury and many more are having civilian and firefighter fatalities,” said Shane Ray, President, National Fire Sprinkler Association. “There should not be a high-rise building in America in 2025 that is not properly protected. Thank you to Congressman Larson, Congresswoman Malliotakis, Senator Bennet, and Senator Collins for protecting the occupants and firefighters.” 

    “I thank Senators Bennet and Collins for introducing the High-Rise Fire Sprinkler Incentive Act,” said Chief Josh Waldo, President and Board Chair, International Association of Fire Chiefs. “Passage of this legislation would be a historic accomplishment by incentivizing the installation of fire sprinklers in high-rise buildings. As we have seen in the Grenfell Tower fire in the UK and in fires here in America, we must have the best fire protection systems possible in high-rises to save human life.”

    The complete text of the bill can be read here.

    MIL OSI USA News

  • MIL-Evening Report: The major parties want 9 in 10 GP visits bulk billed by 2030. Here’s why we shouldn’t aim for 100%

    Source: The Conversation (Au and NZ) – By Yuting Zhang, Professor of Health Economics, The University of Melbourne

    Drazen Zigic/Shutterstock

    Unaffordable GP visits has become a pressing issue amid the increasing cost-of-living crisis. About 30% of Australians delayed or didn’t see a GP in 2023–24.

    To solve this problem, Labor has proposed extending bulk billing incentives to all Australians. It hopes to increase bulk billing from 78% to 90% by 2030.

    The Coalition has promised to match Labor’s plan.

    Why not aim for 100%? It might seem a worthy goal to make GP care free for everyone, for every visit. But the evidence suggests there’s benefit to getting those on higher incomes to contribute a small amount to the cost of seeing a GP.

    GP care should be free for these Australians

    We should aim for access to GP care to be affordable and equitable. For some people, this should mean they can access the services for free.

    Appointments for children should be free. Making health checks regular and accessible during childhood is an effective long-term investment which can delay the onset of disease.

    GP visits should also be free for people with low incomes. Free primary care can mean people who would otherwise avoid seeing a GP can have their ongoing conditions managed, undergo preventive health checks, and fill prescriptions.

    When people skip GP visits and can’t afford to fill their prescriptions, their conditions can worsen. This can reduce the person’s quality of life, and require higher-cost emergency department visits and hospital care.

    Appointments in rural and remote areas should also be free. Australians living in rural and remote areas currently pay more to see a GP, have less access to care when they need it, and experience poorer health outcomes and shorter lives than their city counterparts.

    Making GP visits free for rural and remote Australians would help reduce this rural–urban gap.

    Rural Australians find it harder to see a GP when they need one.
    Michael Leslie/Shutterstock

    However, providing free GP care for everyone can cause unnecessary strain on health budgets and make the policy unsustainable in the long run.

    What can happen if you make care free for all?

    In general, when the price is low, or something is free, people use these services more. This includes medical care and medications. Free GP care may encourage more people to see their GP more than is necessary.

    Previous research showed that free care increased the use of health care but does not necessarily improve health outcomes, especially for those who are relatively healthy.

    If people are using GP services when they’re not really needed, this takes limited resources from those who really need them and can increase waiting times.

    Australia is already experiencing a GP shortage. Higher patient volumes could leave existing GPs overwhelmed and overstretched. This can reduce the quality of care.

    Countries that have made primary health care free for all, such as Canada and the United Kingdom, still report issues with access and equity. In Canada, 22% of Canadian adults do not have access to regular primary care. In the United Kingdom, people who live in poor areas struggle to get access to care.

    Make co-payments more affordable

    To balance affordability for patients with the financial viability of primary care, Australians who can afford to contribute to the cost of their GP care should pay a small amount.

    However, the A$60 many of us currently pay to visit a GP is arguably too expensive, as it may prompt some to forego care when they need it.

    A relatively smaller co-payment in the range of around $20 to $30 to visit the GP would help discourage unnecessary visits when resources are limited, but be less likely to turn patients off seeking this care.

    Providing free GP visits for all may not be efficient or sustainable, but making it more affordable and equitable can lead to a more efficient and sustainable care system and doing so is within our reach.




    Read more:
    Should we aim to bulk-bill everyone for GP visits? We asked 5 experts


    Yuting Zhang has received funding from the Australian Research Council (future fellowship project ID FT200100630), Department of Veterans’ Affairs, the Victorian Department of Health, and National Health and Medical Research Council. In the past, Professor Zhang has received funding from several US institutes including the US National Institutes of Health, Commonwealth fund, Agency for Healthcare Research and Quality, and Robert Wood Johnson Foundation. She has not received funding from for-profit industry including the private health insurance industry.

    Karinna Saxby has previously received funding from the Department of Health and Aged Care,

    ref. The major parties want 9 in 10 GP visits bulk billed by 2030. Here’s why we shouldn’t aim for 100% – https://theconversation.com/the-major-parties-want-9-in-10-gp-visits-bulk-billed-by-2030-heres-why-we-shouldnt-aim-for-100-249605

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Global: Remembering Roberta Flack, a spellbinding virtuoso of musical interpretation

    Source: The Conversation – Global Perspectives – By Leigh Carriage, Senior Lecturer in Music, Southern Cross University

    The multi-Grammy award winner Roberta Flack has passed away at 88.

    Her approach and sound were a unique combination of soul, folk, rhythm and blues, jazz, pop and musicianship, and arranging skills so broad she had had a lasting impact on future artists.

    Her sustained career laid a foundation for pop and neo-soul artists Alicia Keys, Erykah Badu, Solange, J Dilla, Flying Lotus, and D’Angelo.

    Over her career, Flack performed some original songs, but she is better known for her myriad of covers and performances of songs written for her. No matter who wrote the songs, she made all of them her own. She was a master of musical interpretation.

    An early life of music

    Flack was born in North Carolina in 1937. Both of her parents played piano; her mother was the church organist.

    Her early interest in gospel tunes was encouraged and supported with her participation in a local Baptist church in Arlington, Virginia, and many relatives who sang.

    Her formal classical musical training continued at Howard University. After a brief period teaching at a junior high school, Flack started landing regular bookings at Mr. Henry’s, a Washington DC bar where Flack performed a range of traditional spirituals, jazz, blues and folk repertoire.

    In 1968, she signed with Atlantic Records.

    Her brilliant debut

    Her debut album, First Take, was recorded over just ten hours in 1969 at Atlantic Recording Studios, New York. First take indeed! Genius!

    Considering Flack’s background, religious inspiration and being surrounded by the social movements of the 1960s, it is not surprising that her first album features songs that address race and religion. The album creates a fusion of music with themes of spiritually and compelling political issues.

    Flack blended genres effortlessly. One of the highlights of the album is Flack’s interpretation of the folk song The First Time Ever I Saw Your Face. Written in 1957 by British political singer-songwriter Ewan MacColl for the vocalist Peggy Seeger, Flack’s interpretation is notably delivered with a deliberately slower tempo, and with legato phrasing – smooth, and connected.

    The lesser-known second track, the Venezuelan/Mexican song Angelitos Negros, offers a soulful statement of black rights.

    Flack’s powerful vocal delivery evokes a haunting sense of loss and refined passion. This, combined with her choice of musical arrangement with repeating lyrics, forms a commanding protest song.

    Always forging her own path

    Labels often described her work as “adult contemporary” or “easy-listening”.

    This barely addresses the diversity within her catalogue, which features Broadway ballads like The Impossible Dream, her definitive interpretation of Leonard Cohen’s Hey, That’s No Way To Say Goodbye, Bee Gees and Beatles songs, and folk classics.

    Blending genres like jazz, latin, rock and folk with nuanced elements of classical into her own arrangements and song interpretations, to the listener Flack’s interpretation becomes authorship.

    In this way, Flack played a role in defining pop music’s processes.

    Flack is best known for her majestic indelible early hits songs like Killing Me Softly with His Song, Where Is the Love and The Closer I Get to You.

    The 1973 live recording of Killing Me Softly With His Song, written by Charles Fox and Norman Gimbel, is breathtaking.

    Flack opens without an introduction: straight in, delicately infusing the lyrics with a vast array of tonal shades. The smooth phrases are delivered with a beautifully aligned dynamic, like the most carefully crafted expression.

    In 1996 Killing Me Softly with His Song, was reinvented by the Fugees with lead vocalist Lauryn Hill.

    Where Is the Love, a duet with Donny Hathaway, brings together their two legendary voices perfectly. Here were two highly skilled pianists with incredible musicality with voices that blended perfectly together.

    I have always enjoyed Flack’s version of Compared to What. Flack’s emotive delivery; the warmth of her tone; the panache; the edgeless smooth phrasing pulls you near in complete comfort.

    For Flack the lyric meaning – telling the story with clarity and honesty – was paramount. Her expression is refined with understated inventiveness. There is such power in her performances. She is spellbinding, reaching a deep soulful place that is both classically and contemporarily informed.

    While Flack wrote some songs, such as You Know What It’s Like, she was not predominantly a songwriter. Instead, she was a virtuosic interpreter of music. Whether penned by Flack or not, each song’s interpretation sounds authored by her. That is the sense you are getting when you listen to her music: it doesn’t matter who it’s written by, her interpretation makes you believe it is by her.

    Leigh Carriage 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. Remembering Roberta Flack, a spellbinding virtuoso of musical interpretation – https://theconversation.com/remembering-roberta-flack-a-spellbinding-virtuoso-of-musical-interpretation-250763

    MIL OSI – Global Reports

  • MIL-OSI Global: The gold price has surged to record highs. What’s behind the move?

    Source: The Conversation – Global Perspectives – By Dirk Baur, Professor of Finance, The University of Western Australia

    The gold price has surged to a new all-time high above US$2,900 (A$4,544) an ounce this month.

    It has risen by 12% since the start of the year and clearly outperformed US and Australian stock markets. The US stock index S&P500 is up 4% and the ASX 200 has gained just 2% in that time.

    That follows an extraordinary run in 2024, when the precious metal surged 27%, the biggest rise in 14 years.

    The drivers behind this surge include heightened uncertainty and fear of inflation that has been stoked by US President Donald Trump’s threats of tariffs, together with increased demand from central banks.



    What explains gold’s recent rally?

    There are many factors at play.

    The supply of gold through gold mine production and recycling is relatively constant over time. But the demand is more variable, and consists of four major components: jewellery, technology, investment and central banks.

    In 2024, jewellery accounted for about 50% of total demand, technology or industrial demand was 5%, investment demand was 25% and central bank demand was 20%.

    Investment demand refers to investors who buy gold as an asset. Central banks generally buy gold to diversify their reserve holdings.

    As all four demand components vary over time (some more than others), gold price movements are sometimes driven by jewellery demand, sometimes by investor demand, and sometimes – as has happened recently – by central bank demand.

    What adds to the difficulty is that both the gold supply and gold demand are global. The supply comes from gold mines across the globe, from emerging countries in Africa and industrial countries such as Australia and Canada.

    The same is true for demand. While China and India dominate jewellery demand, the demand comes from many countries, as does investment demand. Central bank demand stems from large and small central banks around the world.

    Why is there demand for gold?

    One key reason for the popularity of gold is that it is considered to be a store of value. This means gold rises with inflation and maintains its value in the long run.

    In other words, an ounce of gold buys the same basket of goods (or more) today than 20 years ago. This is not the case for money (or fiat currency) such as the US or Australian dollars.

    Due to inflation, the value of money is not constant but depreciates over time. Because gold holds its value, it is also called an inflation hedge.

    While the store of value property holds in the long run, there is another important property that is more short-lived and particularly relevant during crisis periods.

    Gold is seen as a safe haven in troubled times

    The safe haven property of gold means gold prices increase when investors seek shelter in response to a shock or crisis. For example, investors bought gold in reaction to the September 11 2001 terrorist attacks, the start of the global financial crisis in 2008, and the outbreak of COVID in 2020.

    The safe haven effect of gold is generally short-lived, often resulting in falling gold prices after about 15 days.

    Russia’s invasion of Ukraine in February 2022, and the subsequent sanctions on Russia – especially the freeze of Russia’s foreign government bond holdings abroad – has highlighted the risk to governments of losing access to foreign currency holdings.

    It appears some governments or central banks reacted to this with increased gold purchases. This led to a record high of 1,082 tonnes of central bank gold purchases in 2022.

    2023 saw the second-highest annual purchase in history at 1,051 tonnes, followed by 1,041 tonnes in 2024.

    The potential reaction of central banks to the Russian invasion of Ukraine is akin to investors seeking a safe haven, but is a rather new phenomenon for central banks.



    There is an additional, secondary, effect of such central bank purchases and rebalancing from US dollars to gold.

    Selling US dollars for gold implies a weakening US dollar, which increases the price of gold. (If the US dollar weakens, you need more US dollars to buy gold.) The inverse relationship between gold prices and currencies also makes gold a currency hedge. That means gold can protect investors from potential losses due to fluctuating exchange rates. This effect is particularly strong for rather volatile currencies such as the Australian dollar.

    In contrast to the shock caused by the Russian invasion of Ukraine, the more recent increase in gold prices is harder to associate with a single shock.

    Broader economic worries

    The election of Trump has not only increased the risk of higher inflation due to tariffs and a trade war, it has also increased geopolitical risk as the US government reassesses its alliances with other countries.

    The relative unpredictability of Trump compared with his predecessors and with politicians more generally may have increased uncertainty and gold prices.
    The recent gold price trend highlights that “gold loves bad news”.

    Gold prices may anticipate geopolitical shocks or higher inflation. Gold prices rose well before inflation increased after the pandemic and started to fall when inflation had peaked in 2022.

    It is not clear exactly why gold has risen to all-time highs in 2025, but it’s possibly not good news for the world economy.

    Dirk Baur 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. The gold price has surged to record highs. What’s behind the move? – https://theconversation.com/the-gold-price-has-surged-to-record-highs-whats-behind-the-move-250391

    MIL OSI – Global Reports

  • MIL-OSI USA: Cramer, Moran Introduce Bipartisan Legislation to Prevent Taxation of Rural Broadband Grants

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)

    ***Click here to download audio. ***

    WASHINGTON, D.C. –  Under existing law, federal broadband deployment grants are subject to federal taxation, limiting the funds available for recipients to use.

    U.S. Senator Kevin Cramer (R-ND) joined U.S. Senator Jerry Moran (R-KS) in introducing the Broadband Grant Tax Treatment Act to ensure federal broadband deployment grants are excluded from taxable income, allowing recipients to maximize investments in broadband expansion.

    “It certainly won’t surprise North Dakotans to know that reliable, high-speed broadband brings our country together in many respects,” said Cramer.Much like our integrated highway system, broadband connects large, rural states like ours to essential services like telemedicine, educational opportunities, and strengthens our small businesses with e-commerce opportunities. By making every dollar for broadband expansion count, this bill really does pave the way for a much more connected future.”

    “Reliable, high-speed internet is more crucial than ever for Kansans to run their businesses, access telehealth or pursue an education,” said Sen. Moran. “This commonsense legislation would make certain federal grants provided for broadband deployment are not counted as taxable income to maximize the impact and success of these resources.” 

    The bill is consistent with longstanding efforts to promote broadband accessibility in underserved communities and has received strong support from industry leaders, including USTelecom – The Broadband Association; the Competitive Carriers Association; CTIA – The Wireless Association; INCOMPAS – The Internet and Competitive Networks Association; WTA – Advocates for Rural Broadband; NTCA – The Rural Broadband Association; and the Wireless Internet Service Providers Association.

    Cosponsors of the Broadband Grant Tax Treatment Act include U.S. Senators Dan Sullivan (R-AK), Tim Kaine (D-VA), Tommy Tuberville (R-AL), Mark Kelly (D-AZ), Shelley Moore Capito (R-WV), Angus King (I-ME), Roger Wicker (R-MS), Raphael Warnock (D-GA), and Deb Fischer (R-NE).

    Click here for bill text.

    MIL OSI USA News

  • MIL-Evening Report: Remembering Roberta Flack, a spellbinding virtuoso of musical interpretation

    Source: The Conversation (Au and NZ) – By Leigh Carriage, Senior Lecturer in Music, Southern Cross University

    The multi-Grammy award winner Roberta Flack has passed away at 88.

    Her approach and sound were a unique combination of soul, folk, rhythm and blues, jazz, pop and musicianship, and arranging skills so broad she had had a lasting impact on future artists.

    Her sustained career laid a foundation for pop and neo-soul artists Alicia Keys, Erykah Badu, Solange, J Dilla, Flying Lotus, and D’Angelo.

    Over her career, Flack performed some original songs, but she is better known for her myriad of covers and performances of songs written for her. No matter who wrote the songs, she made all of them her own. She was a master of musical interpretation.

    An early life of music

    Flack was born in North Carolina in 1937. Both of her parents played piano; her mother was the church organist.

    Her early interest in gospel tunes was encouraged and supported with her participation in a local Baptist church in Arlington, Virginia, and many relatives who sang.

    Her formal classical musical training continued at Howard University. After a brief period teaching at a junior high school, Flack started landing regular bookings at Mr. Henry’s, a Washington DC bar where Flack performed a range of traditional spirituals, jazz, blues and folk repertoire.

    In 1968, she signed with Atlantic Records.

    Her brilliant debut

    Her debut album, First Take, was recorded over just ten hours in 1969 at Atlantic Recording Studios, New York. First take indeed! Genius!

    Considering Flack’s background, religious inspiration and being surrounded by the social movements of the 1960s, it is not surprising that her first album features songs that address race and religion. The album creates a fusion of music with themes of spiritually and compelling political issues.

    Flack blended genres effortlessly. One of the highlights of the album is Flack’s interpretation of the folk song The First Time Ever I Saw Your Face. Written in 1957 by British political singer-songwriter Ewan MacColl for the vocalist Peggy Seeger, Flack’s interpretation is notably delivered with a deliberately slower tempo, and with legato phrasing – smooth, and connected.

    The lesser-known second track, the Venezuelan/Mexican song Angelitos Negros, offers a soulful statement of black rights.

    Flack’s powerful vocal delivery evokes a haunting sense of loss and refined passion. This, combined with her choice of musical arrangement with repeating lyrics, forms a commanding protest song.

    Always forging her own path

    Labels often described her work as “adult contemporary” or “easy-listening”.

    This barely addresses the diversity within her catalogue, which features Broadway ballads like The Impossible Dream, her definitive interpretation of Leonard Cohen’s Hey, That’s No Way To Say Goodbye, Bee Gees and Beatles songs, and folk classics.

    Blending genres like jazz, latin, rock and folk with nuanced elements of classical into her own arrangements and song interpretations, to the listener Flack’s interpretation becomes authorship.

    In this way, Flack played a role in defining pop music’s processes.

    Flack is best known for her majestic indelible early hits songs like Killing Me Softly with His Song, Where Is the Love and The Closer I Get to You.

    The 1973 live recording of Killing Me Softly With His Song, written by Charles Fox and Norman Gimbel, is breathtaking.

    Flack opens without an introduction: straight in, delicately infusing the lyrics with a vast array of tonal shades. The smooth phrases are delivered with a beautifully aligned dynamic, like the most carefully crafted expression.

    In 1996 Killing Me Softly with His Song, was reinvented by the Fugees with lead vocalist Lauryn Hill.

    Where Is the Love, a duet with Donny Hathaway, brings together their two legendary voices perfectly. Here were two highly skilled pianists with incredible musicality with voices that blended perfectly together.

    I have always enjoyed Flack’s version of Compared to What. Flack’s emotive delivery; the warmth of her tone; the panache; the edgeless smooth phrasing pulls you near in complete comfort.

    For Flack the lyric meaning – telling the story with clarity and honesty – was paramount. Her expression is refined with understated inventiveness. There is such power in her performances. She is spellbinding, reaching a deep soulful place that is both classically and contemporarily informed.

    While Flack wrote some songs, such as You Know What It’s Like, she was not predominantly a songwriter. Instead, she was a virtuosic interpreter of music. Whether penned by Flack or not, each song’s interpretation sounds authored by her. That is the sense you are getting when you listen to her music: it doesn’t matter who it’s written by, her interpretation makes you believe it is by her.

    Leigh Carriage 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. Remembering Roberta Flack, a spellbinding virtuoso of musical interpretation – https://theconversation.com/remembering-roberta-flack-a-spellbinding-virtuoso-of-musical-interpretation-250763

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: The gold price has surged to record highs. What’s behind the move?

    Source: The Conversation (Au and NZ) – By Dirk Baur, Professor of Finance, The University of Western Australia

    The gold price has surged to a new all-time high above US$2,900 (A$4,544) an ounce this month.

    It has risen by 12% since the start of the year and clearly outperformed US and Australian stock markets. The US stock index S&P500 is up 4% and the ASX 200 has gained just 2% in that time.

    That follows an extraordinary run in 2024, when the precious metal surged 27%, the biggest rise in 14 years.

    The drivers behind this surge include heightened uncertainty and fear of inflation that has been stoked by US President Donald Trump’s threats of tariffs, together with increased demand from central banks.



    What explains gold’s recent rally?

    There are many factors at play.

    The supply of gold through gold mine production and recycling is relatively constant over time. But the demand is more variable, and consists of four major components: jewellery, technology, investment and central banks.

    In 2024, jewellery accounted for about 50% of total demand, technology or industrial demand was 5%, investment demand was 25% and central bank demand was 20%.

    Investment demand refers to investors who buy gold as an asset. Central banks generally buy gold to diversify their reserve holdings.

    As all four demand components vary over time (some more than others), gold price movements are sometimes driven by jewellery demand, sometimes by investor demand, and sometimes – as has happened recently – by central bank demand.

    What adds to the difficulty is that both the gold supply and gold demand are global. The supply comes from gold mines across the globe, from emerging countries in Africa and industrial countries such as Australia and Canada.

    The same is true for demand. While China and India dominate jewellery demand, the demand comes from many countries, as does investment demand. Central bank demand stems from large and small central banks around the world.

    Why is there demand for gold?

    One key reason for the popularity of gold is that it is considered to be a store of value. This means gold rises with inflation and maintains its value in the long run.

    In other words, an ounce of gold buys the same basket of goods (or more) today than 20 years ago. This is not the case for money (or fiat currency) such as the US or Australian dollars.

    Due to inflation, the value of money is not constant but depreciates over time. Because gold holds its value, it is also called an inflation hedge.

    While the store of value property holds in the long run, there is another important property that is more short-lived and particularly relevant during crisis periods.

    Gold is seen as a safe haven in troubled times

    The safe haven property of gold means gold prices increase when investors seek shelter in response to a shock or crisis. For example, investors bought gold in reaction to the September 11 2001 terrorist attacks, the start of the global financial crisis in 2008, and the outbreak of COVID in 2020.

    The safe haven effect of gold is generally short-lived, often resulting in falling gold prices after about 15 days.

    Russia’s invasion of Ukraine in February 2022, and the subsequent sanctions on Russia – especially the freeze of Russia’s foreign government bond holdings abroad – has highlighted the risk to governments of losing access to foreign currency holdings.

    It appears some governments or central banks reacted to this with increased gold purchases. This led to a record high of 1,082 tonnes of central bank gold purchases in 2022.

    2023 saw the second-highest annual purchase in history at 1,051 tonnes, followed by 1,041 tonnes in 2024.

    The potential reaction of central banks to the Russian invasion of Ukraine is akin to investors seeking a safe haven, but is a rather new phenomenon for central banks.



    There is an additional, secondary, effect of such central bank purchases and rebalancing from US dollars to gold.

    Selling US dollars for gold implies a weakening US dollar, which increases the price of gold. (If the US dollar weakens, you need more US dollars to buy gold.) The inverse relationship between gold prices and currencies also makes gold a currency hedge. That means gold can protect investors from potential losses due to fluctuating exchange rates. This effect is particularly strong for rather volatile currencies such as the Australian dollar.

    In contrast to the shock caused by the Russian invasion of Ukraine, the more recent increase in gold prices is harder to associate with a single shock.

    Broader economic worries

    The election of Trump has not only increased the risk of higher inflation due to tariffs and a trade war, it has also increased geopolitical risk as the US government reassesses its alliances with other countries.

    The relative unpredictability of Trump compared with his predecessors and with politicians more generally may have increased uncertainty and gold prices.
    The recent gold price trend highlights that “gold loves bad news”.

    Gold prices may anticipate geopolitical shocks or higher inflation. Gold prices rose well before inflation increased after the pandemic and started to fall when inflation had peaked in 2022.

    It is not clear exactly why gold has risen to all-time highs in 2025, but it’s possibly not good news for the world economy.

    Dirk Baur 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. The gold price has surged to record highs. What’s behind the move? – https://theconversation.com/the-gold-price-has-surged-to-record-highs-whats-behind-the-move-250391

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI New Zealand: Serious crash, Manners Street, Wellington

    Source: New Zealand Police (District News)

    Police are at the scene of a serious crash on Manners Street, central Wellington, following a collision between a pedestrian and a bus.

    The incident happened about 4.40pm, between Victoria and Cuba streets.

    One person is in a critical condition.

    Part of Manners Street will be closed to traffic and pedestrians while the Serious Crash Unit conducts a scene examination.

    Members of the public are advised to avoid the area.

    ENDS

    Issued by the Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: President Lai meets Japanese House of Representatives Member Tamaki Yuichiro

    Source: Republic of China Taiwan

    Details
    2025-02-21
    President Lai meets Abe Akie, wife of late Prime Minister Abe Shinzo of Japan
    On the morning of February 21, President Lai Ching-te met with Abe Akie, the wife of late Prime Minister Abe Shinzo of Japan. In remarks, President Lai thanked Mrs. Abe for carrying on the legacy of former Prime Minister Abe, being a benevolent and determined force for regional peace and prosperity, and calling on all parties to continue to place attention on peace in the Taiwan Strait. The president stated that Taiwan will carry on the legacy and spirit of former President Lee Teng-hui and former Prime Minister Abe, safeguard the values of freedom and democracy, and deepen the Taiwan-Japan friendship. A translation of President Lai’s remarks follows: Last May, Mrs. Abe came to Taiwan to attend the inauguration ceremony for myself and Vice President Bi-khim Hsiao, and we reminisced about the past here at the Presidential Office. I would like to warmly welcome her back today. I am also delighted to be meeting with all guests in attendance. Yesterday, Mrs. Abe and I attended the opening of the very first Halifax Taipei forum, for which Mrs. Abe also delivered a keynote speech earlier today. In her speech, she offered valuable input on global security and democratic development. I would like to thank Mrs. Abe for making this special trip to Taiwan to take part, showing her strong support for Taiwan. Former Prime Minister Abe pioneered the vision of a free and open Indo-Pacific, and called on the international community to pay attention to peace and stability in the Taiwan Strait and Indo-Pacific. These have become common strategic goals of democratic countries around the world and will have a far-reaching influence over international developments and Taiwan’s security. They were important contributions that former Prime Minister Abe made in regard to the Taiwan Strait and the Indo-Pacific region. Recently, current Prime Minister of Japan Ishiba Shigeru and United States President Donald Trump held a meeting and jointly reiterated the importance of peace and stability across the Taiwan Strait, as well as opposed unilateral changes to the status quo by force or coercion. They also expressed support for Taiwan’s participation in international organizations. This shows that Prime Minister Ishiba is furthering the legacy of former Prime Minister Abe. We are very grateful for the former prime minister’s friendship toward Taiwan, and to Mrs. Abe for carrying on his legacy. Mrs. Abe is a benevolent and determined force for regional peace and prosperity, and has called on all parties at numerous public venues to continue to place attention on peace in the Taiwan Strait. Last December, for instance, she traveled at the invitation of President Trump and his wife to the US, where she addressed cross-strait issues and spoke up for Taiwan. We were deeply moved by this. As authoritarian states continue to expand, Taiwan will keep working alongside like-minded nations such as Japan and the US, as well as the European Union, to jointly contribute to regional and global peace and prosperity. I look forward to continued advancement of regional peace and prosperity with the help of Mrs. Abe’s efforts. Mrs. Abe will also be meeting with daughter of former President Lee and Lee Teng-hui Foundation Chairperson Annie Lee (李安妮) tomorrow. Former President Lee and former Prime Minister Abe were both fully devoted to promoting Taiwan-Japan relations. We will carry on their legacy and spirit, safeguard the values of freedom and democracy, and deepen the Taiwan-Japan friendship. In closing, I wish you all a smooth and successful visit. Mrs. Abe then delivered remarks, first expressing her sincere thanks to President Lai for taking the time to meet. She said that former Prime Minister Abe hailed from Yamaguchi Prefecture, and that accompanying her that day were House of Councillors Member Kitamura Tsuneo, Yamaguchi Prefecture Governor Muraoka Tsugumasa, Yamaguchi Prefectural Assembly Deputy Speaker Shimata Noriaki, and many other important figures from Yamaguchi. If former Prime Minister Abe’s spirit could look upon this scene, she said, he would certainly be very pleased. Mrs. Abe recalled that when the former prime minister passed away, then-Vice President Lai traveled to their official residence to express his condolences and pay tribute. She said that she will never forget such a gesture of deep friendship, heartfelt condolences, and care. The year before last, she indicated, a memorial photo exhibition for former Prime Minister Abe was held in Taiwan, and many Taiwanese people from all walks of life came to view it. Last year, Mrs. Abe continued, she had the privilege of attending President Lai’s inauguration ceremony, where she met with many friends from Taiwan and personally felt the close and beautiful ties that Taiwan and Japan share. Mrs. Abe stated that she will carry out the wishes of former Prime Minister Abe and do her utmost to help raise Taiwan-Japan relations to new heights, saying that she looks forward to hearing the advice that President Lai and all those present have to offer. The delegation also included Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-02-21
    President Lai attends opening of 2025 Halifax Taipei forum
    On the afternoon of February 20, President Lai Ching-te attended the opening of the 2025 Halifax Taipei forum. In remarks, President Lai thanked the Halifax International Security Forum for their strong support for Taiwan, and for having chosen Taiwan as the first location outside North America to hold a forum. Noting that we face a complex global landscape, the president called on the international community to take action. He said that as authoritarianism consolidates, democratic nations must also come closer in solidarity, and called on the international community to create non-red global supply chains, as well as unite to usher in peace. President Lai emphasized that Taiwan will work toward maintaining peace and stability in the Taiwan Strait, and collaborate with democratic partners to form a global alliance for the AI chip industry and together greet a bright, new era. A transcript of President Lai’s remarks follows: To begin, I want to give a warm welcome to all the distinguished guests here at the very first Halifax Taipei forum. The Halifax International Security Forum, held every year in Canada, has been an important gathering for freedom-loving nations worldwide. I would like to thank Halifax and President [Peter] Van Praagh for their strong support for Taiwan. Every year since 2018, Taiwan has been invited to participate in the forum. Last year, former President Tsai Ing-wen was invited to speak, and this year, Halifax has chosen Taiwan as the first location outside North America to hold a forum. As President Van Praagh has said, “While the security challenges ahead are too big for any single country to solve alone, there is no challenge that can’t be met when the world’s democracies work together.” Today, we have world leaders and experts who traveled from afar to be here, showing that they value and support Taiwan. It demonstrates solidarity among democracies and the determination to take on challenges as one. I would like to express my gratitude and admiration to all of you for serving as defenders of freedom. At this very moment, Russia’s invasion of Ukraine is still ongoing. Authoritarian regimes including China, Russia, North Korea, and Iran continue to consolidate. China is hurting economies around the world through its dumping practices. We face grave challenges to global economic order, democracy, freedom, peace, and stability. Taiwan holds a key position on the first island chain, directly facing an authoritarian threat. But we will not be intimidated. We will stand firm and safeguard our national sovereignty, maintain our free and democratic way of life, and uphold peace and stability across the Taiwan Strait. Taiwan cherishes peace, but we also have no delusions about peace. We will uphold the spirit of peace through strength, using concrete actions to build a stronger Taiwan and bolster the free and democratic community. I sincerely thank the international community for continuing to attach importance to the situation in the Taiwan Strait. Recently, US President Donald Trump and Japan’s Prime Minister Ishiba Shigeru issued a joint leaders’ statement expressing their firm support for peace and stability across the Taiwan Strait, and for Taiwan’s participation in international affairs. As we face a complex global landscape, I call on the international community to take the following actions: First, as authoritarianism consolidates, democratic nations must also come closer in solidarity. Just a few days ago, the top diplomats of the US, Japan, and South Korea held talks, underlining the importance of maintaining peace and stability across the Taiwan Strait. They also conveyed their stance against “any effort to destabilize democratic institutions, economic independence, and global security.” On these issues, Taiwan will also continue to contribute its utmost. I recently announced that we will prioritize special budget allocations to ensure that our defense budget exceeds 3 percent of GDP.  Soon after I assumed office last year, I formed the Whole-of-Society Defense Resilience Committee at the Presidential Office. This committee aims to combine the strengths of government and civil society to enhance our resilience in national defense, economic livelihoods, disaster prevention, and democracy. We will also deepen our strategic partnerships in the democratic community to mutually increase defense resilience, demonstrate deterrence, and achieve our goal of peace throughout the world. Second, let’s create non-red global supply chains.  For the democratic community to deter the expansion of authoritarianism, it must have strong technological capabilities. These can serve as the backbone of national defense, promote industrial development, and enhance economic resilience. So, in addressing China’s red supply chain and the impact of its dumping, Taiwan is willing and able to work with global democracies to maintain the technological strengths among our partners and build resilient non-red supply chains. As a major semiconductor manufacturing nation, Taiwan will introduce an initiative on semiconductor supply chain partnerships for global democracies. We will collaborate with our democratic partners to form a global alliance for the AI chip industry and establish democratic supply chains for industries connected to high-end chips. The achievements of today’s semiconductor industry in Taiwan can be attributed to our collective efforts. Government, industry, academia, and research institutions had to overcome various challenges over the last 50 years for us to secure this position.  We hope Taiwan can serve as a base for linking the capabilities of our democratic partners so that each can play a suitable role in the semiconductor industry chain and develop its own strengths, deepening our mutually beneficial cooperation in technology. This benefits all of us. Moreover, it allows us to further enhance deterrence and maintain global security. Third, let’s unite to usher in peace. China has not stopped intimidating Taiwan politically and militarily. Last year, China launched several large-scale military exercises in the Taiwan Strait. Its escalation of gray-zone aggression now poses a grave threat to the peace and stability of the Indo-Pacific region. As a responsible member of the international community, Taiwan will maintain the status quo. We will not seek conflict. Rather, we are willing to engage in dialogue with China, under the principles of parity and dignity, and work toward maintaining peace and stability in the Taiwan Strait. As the agenda of this forum suggests, democracy and freedom create more than just opportunities; they also bring resilience, justice, partnerships, and security. Taiwan will continue working alongside its democratic partners to greet a bright, new era. Once again, a warm welcome to all of you. I wish this forum every success. Thank you. Also in attendance at the event were Mrs. Abe Akie, wife of the late former Prime Minister Abe Shinzo of Japan, and Halifax International Security Forum President Van Praagh.

    Details
    2025-02-21
    President Lai meets British-Taiwanese All-Party Parliamentary Group delegation
    On the morning of February 18, President Lai Ching-te met with a delegation from the British-Taiwanese All-Party Parliamentary Group (APPG). In remarks, President Lai thanked the delegation members, the Parliament of the United Kingdom, and the UK government for continuing to demonstrate support for Taiwan through a variety of means. He also stated that Taiwan-UK relations have advanced significantly in recent years, noting that the Taiwan-UK Enhanced Trade Partnership (ETP) is the first institutionalized economic and trade framework signed between Taiwan and any European country. The president said he looks forward to continuing to deepen Taiwan-UK relations and jointly maintaining regional and global peace and stability, and indicated that together, we can create win-win developments for both Taiwan and the UK and Taiwan and European nations. A translation of President Lai’s remarks follows: This is the first UK parliamentary delegation of the current session to visit Taiwan. On behalf of the people of Taiwan, I extend my sincerest welcome to you all. APPG Chair Sarah Champion visited Taiwan last May to attend the inauguration ceremony of myself and Vice President Bi-khim Hsiao. In July, she also attended the annual summit of the Inter-Parliamentary Alliance on China (IPAC), which was held in Taipei. I am delighted that we are meeting once again. Taiwan-UK relations have advanced significantly in recent years. I would especially like to thank our distinguished guests, as well as the UK Parliament and government, for continuing to demonstrate support for Taiwan through a variety of means. For example, the House of Commons held a debate on Taiwan’s international status last November. After the debate, a motion was unanimously passed affirming that United Nations General Assembly (UNGA) Resolution 2758 does not mention Taiwan. Responding to the motion, Parliamentary Under-Secretary of State Catherine West stated that the UK opposes any attempt to broaden the interpretation of the resolution to rewrite history. This highlighted concrete progress in Taiwan-UK bilateral relations. I would also like to thank the UK Parliament and government for openly opposing on multiple occasions any unilateral change to the status quo across the Taiwan Strait, and for emphasizing that the security of the Indo-Pacific and transatlantic regions is closely intertwined. We look forward to continuing to deepen Taiwan-UK relations and jointly maintaining regional and global peace and stability. Together, we can create win-win developments for both Taiwan and the UK and Taiwan and European nations. For example, the Taiwan-UK ETP is the first institutionalized economic and trade framework signed between Taiwan and any European country. We hope to swiftly conclude negotiations on signing sub-arrangements on investment, digital trade, and energy and net-zero transition. This will facilitate even more exchanges and cooperation between Taiwan and the UK. We also hope that the UK will continue to support Taiwan’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Together, we can build even more resilient global supply chains and further contribute to global prosperity and development. I believe that this visit adds to a strong and solid foundation for future Taiwan-UK cooperation. Thank you once again for backing Taiwan. I wish you a fruitful and successful visit. Chair Champion then delivered remarks, thanking President Lai for his warm welcome and for the hospitality he has shown to her and the delegation, and thanking Taiwan’s excellent team of officials for their care and attention. Chair Champion expressed that she thinks the IPAC conference held in Taiwan at the end of July last year was very significant, with legislators from 23 countries coming to show support for Taiwan, adding that that is something they have built on since the conference. She stated that she is also very proud that the UK Parliament supported the motion which made very clear that UNGA Resolution 2758 is specific to China and only to China, expressing that it was important and powerful that they recognize that. The chair went on to say that after the UK’s general election, more than half of the members of parliament are now new. She said she is very proud that there are new MPs as part of the delegation, and that she hopes it gives President Lai reassurance that their commitment to Taiwan is still there.  Chair Champion emphasized that the all-party group is important because it is indeed all-party, and that they work together for their common interests, stating that the common interest for the UK and for the world is to maintain Taiwan’s sovereignty. She also noted that the United States has now come out very much in support of Taiwan, which she said she hopes encourages other countries around the world to do the same. Chair Champion said that the UK will be going into the 27th trade negotiation with Taiwan, and that they hope the partnership that develops is very fruitful. The chair closed by saying that it is wonderful for the delegation to be meeting President Lai, as well as legislators and ministers, and to be understanding more about the culture of Taiwan so that they can build a deeper, longer-lasting friendship. The delegation also included Lord Purvis of Tweed of the House of Lords and Members of Parliament Ben Spencer, Helena Dollimore, Noah Law, and David Reed. The delegation was accompanied to the Presidential Office by Political and Communications Director at the British Office in Taipei Natasha Harrington.  

    Details
    2025-02-21
    President Lai meets former United States Deputy National Security Advisor Matthew Pottinger
    On the morning of February 17, President Lai Ching-te met with a delegation led by former United States Deputy National Security Advisor Matthew Pottinger. In remarks, President Lai thanked the delegation for demonstrating staunch support for Taiwan through their visit. The president pointed out that increased cooperation between authoritarian regimes is posing risks and challenges to the geopolitical landscape and regional security. He emphasized that only by bolstering our defense capabilities can we demonstrate effective deterrence and maintain peace and stability across the Taiwan Strait and around the world. The president stated that moving forward, Taiwan will continue to enhance its self-defense capabilities. He also expressed hope of strengthening the Taiwan-US partnership and jointly building secure and resilient non-red supply chains so as to ensure that Taiwan, the US, and democratic partners around the world maintain a technological lead. A translation of President Lai’s remarks follows: I am delighted to welcome our good friends Mr. Pottinger and retired US Rear Admiral Mr. Mark Montgomery to Taiwan once again. Last June, Mr. Pottinger and Mr. Ivan Kanapathy came to Taiwan to launch their new book The Boiling Moat. During that visit, they also visited the Presidential Office. We held an extensive exchange of views on Taiwan-US relations and regional affairs right here in the Taiwan Heritage Room. Now, as we meet again eight months later, I am pleased to learn that Mr. Kanapathy is now serving on the White House National Security Council. The Mandarin translation of The Boiling Moat is also due to be released in Taiwan very soon. This book offers insightful observations from US experts regarding US-China-Taiwan relations and valuable advice for the strengthening of Taiwan’s national defense, security, and overall resilience. I am sure that Taiwanese readers will benefit greatly from it. I understand that this is Mr. Montgomery’s fourth visit to Taiwan and that he has long paid close attention to Taiwan-related issues. I look forward to an in-depth discussion with our two friends on the future direction of Taiwan-US relations and cooperation. Increased cooperation between authoritarian regimes is posing risks and challenges to the geopolitical landscape and regional security. One notion we all share is peace through strength. That is, only by bolstering our defense capabilities and fortifying our defenses can we demonstrate effective deterrence and maintain peace and stability across the Taiwan Strait and around the world. Moving forward, Taiwan will continue to enhance its self-defense capabilities. We also hope to strengthen the Taiwan-US partnership in such fields as security, trade and the economy, and energy. In addition, we will advance cooperation in critical and innovative technologies and jointly build secure and resilient non-red supply chains. This will ensure that Taiwan, the US, and democratic partners around the world maintain a technological lead. We believe that closer Taiwan-US exchanges and cooperation not only benefit national security and development but also align with the common economic interests of Taiwan and the US. I want to thank Mr. Pottinger and Mr. Montgomery once again for visiting and for continuing to advance Taiwan-US exchanges, demonstrating staunch support for Taiwan. Let us continue to work together to deepen Taiwan-US relations. I wish you a smooth and fruitful visit.  Mr. Pottinger then delivered remarks, first congratulating President Lai on his one-year election anniversary and on the state of the economy, which, he added, is doing quite well. Mentioning President Lai’s recent statement pledging to increase Taiwan’s defense budget to above 3 percent of GDP, Mr. Pottinger said he thinks that the benchmark is equal to what the US spends on its defense and that it is a good starting point for both countries to build deterrence. Echoing the president’s earlier remarks, Mr. Pottinger said that peace through strength is the right path for the US and for Taiwan right now at a moment when autocratic, aggressive governments are on the march. He then paraphrased the words of former US President George Washington in his first inaugural address, saying that the best way to keep the peace is to be prepared at all times for war, which captures the meaning of peace through strength. In closing, he said he looks forward to exchanging views with President Lai.

    Details
    2025-02-21
    President Lai meets Deputy Prime Minister Thulisile Dladla of the Kingdom of Eswatini
    On the afternoon of February 11, President Lai Ching-te met with a delegation led by Deputy Prime Minister Thulisile Dladla of the Kingdom of Eswatini. In remarks, President Lai thanked Eswatini for continuing to support Taiwan’s international participation at international venues. The president stated that Taiwan and Eswatini work closely in such areas as agriculture, the economy and trade, education, and healthcare, and expressed hope that the two countries will continue to support each other on the international stage and strive together for the well-being of both peoples.  A translation of President Lai’s remarks follows: I warmly welcome our distinguished guests to the Presidential Office. Deputy Prime Minister Dladla previously visited Taiwan while serving as minister of foreign affairs. This is her first time leading a delegation here as deputy prime minister. I want to extend my sincerest welcome. Deputy Prime Minister Dladla has earned a high degree of recognition and trust from His Majesty King Mswati III. She was not only Eswatini’s first woman foreign minister, but is also the second woman to have held her current key position. She shows an active interest in people’s welfare, and has a reputation for being deeply devoted to her compatriots. I have great admiration for this. I am truly delighted to meet with Deputy Prime Minister Dladla today. I would like to take this opportunity to once again express my gratitude to His Majesty the King for leading a delegation to attend the inauguration ceremony for myself and Vice President Bi-khim Hsiao last year. This demonstrated the close diplomatic ties between our countries. I also want to thank Eswatini for continuing to support Taiwan’s international participation at international venues. I would ask that when Deputy Prime Minister Dladla returns to Eswatini, she conveys Taiwan’s greetings and gratitude to His Majesty the King and Her Majesty the Queen Mother Ntombi Tfwala. Diplomatic ties between Taiwan and Eswatini have endured for over half a century. Our two nations have continued to work closely in such areas as agriculture, the economy and trade, education, and healthcare. Our largest collaboration to date has been assisting Eswatini in the construction of a strategic oil reserve facility. We will continue to push forward with this project, and look forward to achieving even greater results in all areas. I understand that Deputy Prime Minister Dladla is very concerned about issues regarding gender equality and women’s empowerment. During her term as foreign minister, she facilitated bilateral cooperation in those areas. Now, as deputy prime minister, she is actively attending to the disadvantaged and advancing social welfare. These policies are very much in line with the priorities of my administration. I look forward to strengthening cooperation with Deputy Prime Minister Dladla for the benefit of both our societies. Taiwan and Eswatini are peace-loving nations. Faced with a constantly changing international landscape and the growing threat posed by authoritarianism, we hope that our two countries will continue to support each other on the international stage and strive together for the well-being of both our peoples. In closing, I wish Deputy Prime Minister Dladla and our distinguished guests a pleasant and successful visit. Deputy Prime Minister Dladla then delivered remarks, first greeting President Lai on behalf of the King, the Queen Mother, and the people of Eswatini, and extending gratitude for the warm reception afforded to her and her delegation, which underscores the strong bonds of friendship between our two nations. The deputy prime minister stated that, in reflecting on the fruits of our partnership, the evidence of Taiwan’s commitment to Eswatini is all around us. The strategic oil reserve project launching in April, she indicated, will redefine Eswatini’s energy security, and the Central Bank complex and electrification project stand as monuments of Taiwan’s vision for Eswatini’s progress and indicate that our partnerships are very strong. Deputy Prime Minister Dladla pointed out that education is the foundation of any nation’s progress, and that Taiwan’s contribution to Eswatini’s education sector cannot be overstated. Through Ministry of Foreign Affairs scholarship programs, she said, Eswatini has sent numerous students to Taiwan, where they’ve received world-class education in various disciplines, including engineering, business, and medicine. In turn, she said, these graduates are now contributing to the development of Eswatini. The deputy prime minister stated that Taiwan has also strengthened Eswatini’s industrial and technological sectors, with collaborations and partnerships that create new opportunities for employment and innovation, and that Taiwan’s technical and medical assistance has strengthened Eswatini’s healthcare systems and uplifted the expertise of its professionals. Deputy Prime Minister Dladla also congratulated President Lai once again on his presidency, which she stated will lead Taiwan to new heights, adding that His Majesty coming to Taiwan personally for the inauguration was a resounding declaration of Eswatini’s enduring support for Taiwan’s sovereignty, stability, and rightful place on the world stage. She emphasized that Eswatini stands with Taiwan always and unwaveringly. In conclusion, the deputy prime minister stated that Eswatini fully agrees with Taiwan that we must all safeguard our national sovereignty and protect the lives and property of our people. She said that our common enemy will always be poverty and natural disasters, but against all odds, we will stand united, and we shall remain united and be one. The delegation was accompanied to the Presidential Office by Eswatini Ambassador Promise Sithembiso Msibi.

    Details
    2025-02-14
    President Lai holds press conference following high-level national security meeting
    On the morning of February 14, President Lai Ching-te convened the first high-level national security meeting of the year, following which he held a press conference. In remarks, President Lai announced that in this new year, the government will prioritize special budget allocations to ensure that Taiwan’s defense budget exceeds 3 percent of GDP. He stated that the government will also continue to reform national defense, reform our legal framework for national security, and advance our economic and trade strategy of being rooted in Taiwan while expanding globally. The president also proposed clear-cut national strategies for Taiwan-US relations, semiconductor industry development, and cross-strait relations. President Lai indicated that he instructed the national security and administrative teams to take swift action and deliver results, working within a stable strategic framework and according to the various policies and approaches outlined. He also instructed them to keep a close watch on changes in the international situation, seize opportunities whenever they arise, and address the concerns and hope of the citizens with concrete actions. He expressed hope that as long as citizens remain steadfast in their convictions, are willing to work hand in hand, stand firm amidst uncertainty, and look for ways to win within changing circumstances, Taiwan is certain to prevail in the test of time yet again. A translation of President Lai’s remarks follows: First, I would like to convey my condolences for the tragic incident which occurred at the Shin Kong Mitsukoshi department store in Taichung, which resulted in numerous casualties. I have instructed Premier Cho Jung-tai (卓榮泰) to lead the relevant central government agencies in assisting Taichung’s municipal government with actively resolving various issues regarding the incident. It is my hope that these issues can be resolved efficiently. Earlier today, I convened this year’s first high-level national security meeting. I will now report on the discussions from the meeting to all citizens. 2025 is a year full of challenges, but also a year full of hope. In today’s global landscape, the democratic world faces common threats posed by the convergence of authoritarian regimes, while dumping and unfair competition from China undermine the global economic order. A new United States administration was formed at the beginning of the year, adopting all-new strategies and policies to address challenges both domestic and from overseas. Every nation worldwide, including ours, is facing a new phase of changes and challenges. In face of such changes, ensuring national security, ensuring Taiwan’s indispensability in global supply chains, and ensuring that our nation continues to make progress amidst challenges are our top priorities this year. They are also why we convened a high-level national security meeting today. At the meeting, the national security team, the administrative team led by Premier Cho, and I held an in-depth discussion based on the overall state of affairs at home and abroad and the strategies the teams had prepared in response. We summed up the following points as an overall strategy for the next stage of advancing national security and development. First, for overall national security, so that we can ensure the freedom, democracy, and human rights of the Taiwanese people, as well as the progress and development of the nation as we face various threats from authoritarian regimes, Taiwan must resolutely safeguard national sovereignty, strengthen self-sufficiency in national defense, and consolidate national defense. Taiwan must enhance economic resilience, maintain economic autonomy, and stand firm with other democracies as we deepen our strategic partnerships with like-minded countries. As I have said, “As authoritarianism consolidates, democratic nations must come closer in solidarity!” And so, in this new year, we will focus on the following three priorities: First, to demonstrate our resolve for national defense, we will continue to reform national defense, implement whole-of-society defense resilience, and prioritize special budget allocations to ensure that our defense budget exceeds 3 percent of GDP. Second, to counter the threats to our national security from China’s united front tactics, attempts at infiltration, and cognitive warfare, we will continue with the reform of our legal framework for national security and expand the national security framework to boost societal resilience and foster unity within. Third, to seize opportunities in the restructuring of global supply chains and realignment of the economic order, we will continue advancing our economic and trade strategy of being rooted in Taiwan while expanding globally, strengthening protections for high-tech, and collaborating with our friends and allies to build supply chains for global democracies. Everyone shares concern regarding Taiwan-US relations, semiconductor industry development, and cross-strait relations. For these issues, I am proposing clear-cut national strategies. First, I will touch on Taiwan-US relations. Taiwan and the US have shared ideals and values, and are staunch partners within the democratic, free community. We are very grateful to President Donald Trump’s administration for their continued support for Taiwan after taking office. We are especially grateful for the US and Japan’s joint leaders’ statement reiterating “the importance of maintaining peace and stability across the Taiwan Strait as an indispensable element of security and prosperity for the international community,” as well as their high level of concern regarding China’s threat to regional security. In fact, the Democratic Progressive Party government has worked very closely with President Trump ever since his first term in office, and has remained an international partner. The procurement of numerous key advanced arms, freedom of navigation critical for security and stability in the Taiwan Strait, and many assisted breakthroughs in international diplomacy were made possible during this time. Positioned in the first island chain and on the democratic world’s frontline countering authoritarianism, Taiwan is willing and will continue to work with the US at all levels as we pursue regional stability and prosperity, helping realize our vision of a free and open Indo-Pacific. Although changes in policy may occur these next few years, the mutual trust and close cooperation between Taiwan and Washington will steadfastly endure. On that, our citizens can rest assured. In accordance with the Taiwan Relations Act and the Six Assurances, the US announced a total of 48 military sales to Taiwan over the past eight years amounting to US$26.265 billion. During President Trump’s first term, 22 sales were announced totaling US$18.763 billion. This greatly supported Taiwan’s defensive capabilities. On the foundation of our close cooperation with the past eight years’ two US administrations, Taiwan will continue to demonstrate our determination for self-defense, accelerate the bolstering of our national defense, and keep enhancing the depth and breadth of Taiwan-US security cooperation, along with all manner of institutional cooperation. In terms of bilateral economic cooperation, Taiwan has always been one of the US’s most reliable trade partners, as well as one of the most important cooperative partners of US companies in the global semiconductor industry. In the past few years, Taiwan has greatly increased both direct and indirect investment in the US. By 2024, investment surpassed US$100 billion, creating nearly 400,000 job opportunities. In 2023 and 2024, investment in the US accounted for over 40 percent of Taiwan’s overall foreign investment, far surpassing our investment in China. In fact, in 2023 and 2024, Taiwanese investment in China fell to 11 percent and 8 percent, respectively. The US is now Taiwan’s biggest investment target. Our government is now launching relevant plans in accordance with national development needs and the need to establish secure supply systems, and the Executive Yuan is taking comprehensive inventory of opportunities for Taiwan-US economic and trade cooperation. Moving forward, close bilateral cooperation will allow us to expand US investment and procurement, facilitating balanced trade. Our government will also strengthen guidance and support for Taiwanese enterprises on increasing US investment, and promote the global expansion and growth of Taiwan’s industries. We will also boost Taiwan-US cooperation in tech development and manufacturing for AI and advanced semiconductors, and work together to maintain order in the semiconductor market, shaping a new era for our strategic economic partnership. Second, the development of our semiconductor industry. I want to emphasize that Taiwan, as one of the world’s most capable semiconductor manufacturing nations, is both willing and able to address new situations. With respect to President Trump’s concerns about our semiconductor industry, the government will act prudently, strengthen communications between Taiwan and the US, and promote greater mutual understanding. We will pay attention to the challenges arising from the situation and assist businesses in navigating them. In addition, we will introduce an initiative on semiconductor supply chain partnerships for global democracies. We are willing to collaborate with the US and our other democratic partners to develop more resilient and diversified semiconductor supply chains. Leveraging our strengths in cutting-edge semiconductors, we will form a global alliance for the AI chip industry and establish democratic supply chains for industries connected to high-end chips. Through international cooperation, we will open up an entirely new era of growth in the semiconductor industry. As we face the various new policies of the Trump administration, we will continue to uphold a spirit of mutual benefit, and we will continue to communicate and negotiate closely with the US government. This will help the new administration’s team to better understand how Taiwan is an indispensable partner in the process of rebuilding American manufacturing and consolidating its leadership in high-tech, and that Taiwan-US cooperation will benefit us both. Third, cross-strait relations. Regarding the regional and cross-strait situation, Taiwan-US relations, US-China relations, and interactions among Taiwan, the US, and China are a focus of global attention. As a member of the international democratic community and a responsible member of the region, Taiwan hopes to see Taiwan-US relations continue to strengthen and, alongside US-China relations, form a virtuous cycle rather than a zero-sum game where one side’s gain is another side’s loss. In facing China, Taiwan will always be a responsible actor. We will neither yield nor provoke. We will remain resilient and composed, maintaining our consistent position on cross-strait relations: Our determination to safeguard our national sovereignty and protect our free and democratic way of life remains unchanged. Our efforts to maintain peace and stability in the Taiwan Strait, as well as our willingness to work alongside China in the pursuit of peace and mutual prosperity across the strait, remain unchanged. Our commitment to promoting healthy and orderly exchanges across the strait, choosing dialogue over confrontation, and advancing well-being for the peoples on both sides of the strait, under the principles of parity and dignity, remains unchanged. Regarding the matters I reported to the public today, I have instructed our national security and administrative teams to take swift action and deliver results, working within a stable strategic framework and according to the various policies and approaches I just outlined. I have also instructed them to keep a close watch on changes in the international situation, seize opportunities whenever they arise, and address the concerns and hope of the citizens with concrete actions. My fellow citizens, over the past several years, Taiwan has weathered a global pandemic and faced global challenges, both political and economic, arising from the US-China trade war and Russia’s invasion of Ukraine. Through it all, Taiwan has persevered; we have continued to develop our economy, bolster our national strength, and raise our international profile while garnering more support – all unprecedented achievements. This is all because Taiwan’s fate has never been decided by the external environment, but by the unity of the Taiwanese people and the resolve to never give up. A one-of-a-kind global situation is creating new strategic opportunities for our one-of-a-kind Taiwanese people, bringing new hope. Taiwan’s foundation is solid; its strength is great. So as long as everyone remains steadfast in their convictions, is willing to work hand in hand, stands firm amidst uncertainty, and looks for ways to win within changing circumstances, Taiwan is certain to prevail in the test of our time yet again, for I am confident that there are no difficulties that Taiwan cannot overcome. Thank you.

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: 150 years since one of Australia’s worst maritime disasters

    Source: Government of Queensland

    Issued: 25 Feb 2025

    Underwater photo of the Gothenburg shipwreck

    It has been 150 years since the steam ship Gothenburg tragically sunk off the coast of Queensland in blinding rain.

    At the time, the Northern Territory was an outpost of South Australia, where prominent members of political and legal circles often travelled for business.

    On 24 February 1875, on its usual route from Darwin to Adelaide, Gothenburg ran into the Great Barrier Reef at low tide in monsoonal rain, 16 miles too far east, and sunk over the next 24 hours.

    Sadly, many prominent public figures were swept away or drowned trying to board the four lifeboats during the wrecking – including a former premier of South Australia, a French Vice-Consul, a judge and all women and children – with only 22 recorded survivors.

    As many as 112 people perished, which represented one seventh of the total European population of Darwin.

    The vessel had £43,000 of uninsured gold on board that was salvaged soon after news of its sinking broke.

    The historic shipwreck is situated in a protected zone and managed by the Department of the Environment, Tourism, Science and Innovation (DETSI) under the Commonwealth Underwater Cultural Heritage Act 2018.

    Principal Heritage Officer Celeste Jordan said the shipwreck was discovered in 1971 and is managed by DETSI as it remains in Queensland waters.

    “The ripple effects of this tragedy were widespread and extremely significant.

    “It is etched into Australia’s history as a significant maritime tragedy. Adelaide went into mourning with relief funds set up in Melbourne and Sydney. No family in Darwin or Adelaide was left untouched by Gothenburg’s sinking.

    “We manage the shipwreck to ensure it is preserved and protected for generations to come. It is an offence to interfere with the remains.”

    Department for Environment and Water SA Principal Maritime Heritage Officer, Mark Polzer, said that although Gothenburg did not wreck in South Australian waters, the vessel’s loss had a profound impact on the South Australian community.

    “Among those that perished were residents of Adelaide, Port Adelaide, Woodville, Northfield, Gawler and Angaston,” Mr Polzer said.

    “The South Australian Maritime Museum holds a commemorative turtle-shell plaque carved by South Australian survivor and rescuer James Fitzgerald in 1925 as a private act of remembrance of the tragedy.

    “Immediately after the shipwreck, Fitzgerald, along with John Cleland and Robert Brazil, were presented with gold meals and gold watches for bravery by Governor Musgrave for the South Australian Government.

    “He inscribed the names of the survivors on the shell, which is said to have been taken from a turtle killed for food while he and the other survivors waited on Holborne island for rescue. Fitzgerald gifted the plaque to the museum in 1932.”

    To dive around the Gothenburg you will need a free permit which can be applied for through the Australasian Underwater Cultural Heritage Database.

    MIL OSI News

  • MIL-OSI: Intchains Group Limited to Present at the 37th Annual ROTH Conference

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 24, 2025 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a provider of integrated solutions, including altcoin mining products, strategic acquisition and holding of ETH-based cryptocurrencies, and the active development on innovative Web3 applications, today announces that Company CFO Charles Yan, will be presenting at the 37th Annual ROTH Conference.

    Event 37th Annual ROTH Conference
    Date March 16~18, 2025
    Location Dana Point, CA, United States

    This year’s event will consist of 1-on-1 / small group meetings, analyst-selected fireside chats, industry keynotes and panels with executive management attending from approximately 450 private and public companies in a variety of growth sectors including: Business Services, Consumer, Healthcare, Industrial Growth, Insurance, Resources, Sustainability and Technology, Media & Entertainment.

    To learn more and submit a registration request, visit https://ibn.fm/Roth2025Registration

    About Intchains Group Limited

    Intchains Group Limited is a provider of integrated solutions, including altcoin mining products, strategic acquisition and holding of ETH-based cryptocurrencies, and the active development on innovative Web3 applications. For more information, please visit the Company’s website at: https://intchains.com/.

    About ROTH

    ROTH is a relationship-driven investment bank focused on serving growth companies and their investors. Their full service platform provides capital raising, high impact equity research, macroeconomics, sales and trading, technical insights, derivatives strategies, M&A advisory, and corporate access. Headquartered in Newport Beach, California, ROTH is a privately-held, employee owned organization and maintains offices throughout the U.S. For more information, please visit www.roth.com.

    Contacts:

    Intchains Group Limited

    Investor relations
    Email: ir@intchains.com

    Redhill

    Belinda Chan
    Tel: +852-9379-3045
    Email: belinda.chan@creativegp.com

    The MIL Network

  • MIL-OSI: DMG Blockchain Solutions Inc. Announces MOU to Purchase 10-Megawatt Data Center Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Feb. 24, 2025 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and data center technology company, announces it has signed a memorandum of understanding (MOU) with an undisclosed counterparty (“Counterparty”) to purchase the infrastructure for a prefabricated 10-megawatt air-cooled data center (“PDC”) that meets Sensitive Compartmented Information Facility (SCIF) specifications (which is generally a military requirement) for its deployment of Generative Artificial Intelligence (Gen AI) computation facilities. DMG and Counterparty have agreed to work towards a definitive agreement within the next 90 days, during which time DMG will perform its due diligence as a follow-up to its already performed initial inspection of the PDC at Counterparty’s site. DMG will issue an additional news release related to the final structure and terms of the potential transaction, and other material information if and when it becomes available.

    Upon execution of the definitive agreement, DMG would pay Counterparty for the PDC US$5 million as an upfront payment and the balance of the to-be-agreed-upon price based on future DMG revenue resulting from Gen AI computing off-take agreements as part of vendor financing being offered to DMG. Revenue from off-take agreements may be derived from either GPUs that DMG purchases or the colocation of customer-purchased GPUs. DMG is currently focused on securing off-take agreements, which may be sourced from entities that require SCIF requirements, such as federal government agencies/departments, non-governmental entities (potentially with enterprise SCIF requirements), Counterparty and/or with other parties with whom the Company has a relationship to develop Gen AI business opportunities, which may be outside of Canada.

    DMG intends to deploy the PDC at one or more locations, as the PDC can be partitioned into smaller units due to its modular nature. While the infrastructure forms the basis for a Gen AI data center, it does not include medium-voltage power distribution, battery storage or backup power generation, the configuration and amount of which have yet to be determined. Additionally, the PDC is not facilitated with computing, networking nor storage systems, all of which will need to be installed to realize revenue from off-take agreements.

    DMG’s CEO Sheldon Bennett stated, “This MOU catalyzes our entry into Generative AI in a very meaningful way. Not only does the PDC shorten our time to deployment by at least a year, but it also gives us the needed credibility as a new AI entrant to secure off-take agreements in a timely manner. Given the SCIF (military-grade) nature of the infrastructure, we will be focused on off-take opportunities that prioritize this need, as we believe we can garner a revenue premium for offering this capability. This MOU also enables us to proceed with our Gen AI strategy in a most-capital efficient manner, helping us to maximize our return to shareholders.”

    About DMG Blockchain Solutions Inc.

    DMG is a publicly traded and vertically integrated blockchain and data center technology company that manages, operates and develops end-to-end digital solutions to monetize the digital asset and artificial intelligence compute ecosystems. Systemic Trust Company, a wholly owned subsidiary of DMG, is an integral component of DMG’s carbon-neutral Bitcoin ecosystem, which enables financial institutions to move bitcoin in a sustainable and regulatory-compliant manner.

    For more information on DMG Blockchain Solutions visit: www.dmgblockchain.com
    Follow @dmgblockchain on X and subscribe to DMG’s YouTube channel.

    For further information, please contact:

    On behalf of the Board of Directors,

    Sheldon Bennett, CEO & Director
    Tel: +1 (778) 300-5406
    Email: investors@dmgblockchain.com
    Web: www.dmgblockchain.com

    For Investor Relations:
    investors@dmgblockchain.com

    For Media Inquiries:
    Chantelle Borrelli
    Head of Communications
    chantelle@dmgblockchain.com

    Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    Cautionary Note Regarding Forward-Looking Information

    This news release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this news release include the execution of a definitive agreement for the MDC and the timing thereof, the expected benefits and outcomes of the MDC including the potential Gen AI computing off-take agreements, the Company’s strategy for growth, the planned monetization of certain product and service offerings, developing and executing on the Company’s products, services and business plans, the launch of products and services, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information.

    Future changes in the Bitcoin network-wide mining difficulty or Bitcoin hashrate may materially affect the future performance of DMG’s production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hashrate and mining difficulty.

    Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoin; security threats, including a loss/theft of DMG’s bitcoin; DMG’s relationships with its customers, distributors and business partners; the inability to add more power to DMG’s facilities; DMG’s ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG’s business. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.sedarplus.ca. In addition, DMG’s past financial performance may not be a reliable indicator of future performance.

    Factors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of viruses and diseases on the Company’s ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoin from DMG or its customers, consumer sentiment towards DMG’s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, adverse weather or climate events, increase in operating costs, increase in equipment and labor costs, equipment failures, decrease in the price of Bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties in respect of the matters discussed above.

    The MIL Network

  • MIL-OSI USA: Readout of Secretary Hegseth’s Meeting With Saudi Minister of Defense, His Royal Highness Khalid bin Salman

    Source: United States Department of Defense

    Pentagon Press Secretary John Ullyot provided the following readout:
         
    On Feb. 24, Secretary of Defense Pete Hegseth received the Saudi Minister of Defense, His Royal Highness (HRH) Khalid bin Salman at the Pentagon, where he reaffirmed the critical defense partnership between the United States and the Kingdom of Saudi Arabia. The leaders committed to deepening and broadening that relationship, consistent with both countries’ interests, as an anchor for shared security and prosperity. The Secretary welcomed the Minister’s perspective on a range of bilateral, regional, and global priorities, and confirmed President Trump’s commitment to prevent Iran’s development of a nuclear weapon and to work with partners in eliminating Houthi capabilities that threaten regional security and commerce. Furthermore, Secretary Hegseth underscored the criticality of sustaining bilateral interoperability between U.S. and Saudi forces as an investment in regional security and stability. They agreed to stay in close contact, with Secretary Hegseth accepting HRH’s invitation to visit Saudi Arabia in the near future.

    MIL OSI USA News

  • MIL-OSI Security: Jury Convicts St. Louis Man of Drug Trafficking and Charges Connected to Nine Murders

    Source: Office of United States Attorneys

    ST. LOUIS – A jury in U.S. District Court in St. Louis on Monday found a St. Louis man guilty of a cocaine trafficking charge and charges related to the death of nine people during a nearly six-year period.

    Evidence and testimony presented at trial showed that Anthony “TT” Jordan, 38, was the leader of a cocaine trafficking ring. Jordan committed murders to protect that organization and hinder any investigation by law enforcement. He later committed additional murders to retaliate against a St. Louis gang he held responsible for the murder of a friend, gathering information and targeting gang members with the help of associates. Jordan and his co-conspirators also killed several bystanders, to include Clara Walker, a 51-year-old mother of nine, and Keairrah Johnson. Among those who testified were direct witnesses to the murders.

    Jordan was convicted of one count of conspiracy to distribute cocaine, one count of possession of firearms in furtherance of a drug trafficking crime and nine counts of use of a firearm in furtherance of a drug-trafficking crime resulting in death. Those counts relate to the following fatal shootings, with details according to trial testimony:

    •    The April 19, 2008, deaths of Al Walters, Linnie Jackson, and Keith Burks. Walters was Jordan’s target.
    •    The Feb. 3, 2010, deaths of Marquis Jones and Keairrah Johnson. Jones was the target.
    •    The June 25, 2013, death of Anthony “Blinky” Clark.
    •    The Dec. 29, 2013, deaths of Robert “Parker G” Parker and Clara Walker. Parker was the target.
    •    The Jan. 21, 2014, death of Michail “Yellow Mack” Gridiron.

    Jordan was also convicted of a nonfatal shooting on Dec. 23, 2013.  

    “I would like to thank the jury for their service over the last few weeks and commend all of our law enforcement partners, the Assistant United States Attorneys, and the support staff who worked tirelessly over the years to investigate and prosecute this case,” said U.S. Attorney Sayler A. Fleming. “With today’s guilty verdict, justice was served.  The evidence proved without a doubt that Anthony Jordan is a violent drug-trafficker and serial murderer who needed to be removed from the streets of St. Louis. Our office remains dedicated to working with our local, state, and federal counterparts to bring at least some measure of comfort and resolution to the families of the victims of such violence, as they deserve nothing less.”

    “These murders were committed to benefit a large-scale drug trafficking organization that flooded our communities with poison directly sourced from cartels in Mexico. Anthony Jordan is not only a drug trafficker, but a serial murderer whose job was to eliminate competition from other drug dealers,” said Special Agent in Charge Ashley Johnson of the FBI St. Louis Division. “St. Louis is a safer place with Jordan and his associates off the streets.”

    “Today’s verdict is the culmination of countless hours of investigative work,” DEA St. Louis Division Special Agent in Charge Michael Davis said. “Over a span of several years, we uncovered the extent of Anthony Jordan’s reach into our St. Louis neighborhoods. His acts of violence instilled fear in our communities, while the drugs he pushed destroyed lives. Let this serve as a reminder that no one is above the law. The DEA, in partnership with our fellow law enforcement agencies, will go to great lengths to bring justice to the families impacted by those who inflict pain and suffering in our neighborhoods.”

    The trial began with jury selection on January 31. Jordan is scheduled to be sentenced on May 29, and faces up to life in prison.

    Jordan’s cocaine was supplied by Adrian Lemons, who obtained cocaine in bulk from representatives of a Mexican cartel. Lemons, now 46, of St. Louis, was sentenced in 2020 to 20 years in prison. Lemons, Jordan and 32 others were indicted as part of a long-running investigation by the FBI and the Drug Enforcement Administration, with assistance from Homeland Security Investigations, the Bureau of Alcohol, Tobacco, Firearms and Explosives, the St. Louis Metropolitan Police Department and the St. Louis County Police Department. Assistant U.S. Attorneys Erin Granger and Donald Boyce are prosecuting the case.

    This effort is part of an Organized Crime Drug Enforcement Task Force (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    MIL Security OSI

  • MIL-OSI Economics: New Development Bank and Bank of Communications Financial Leasing Co., Ltd. sign USD 150 mln Equivalent in RMB Loan Agreement for the LNG Transportation Project

    Source: New Development Bank

    The New Development Bank (NDB) and the Bank of Communications Financial Leasing Co., Ltd. (BCFL) are pleased to announce the signing of a USD 150 mln equivalent in RMB 1,069.23 mln loan agreement aimed to acquire at least three liquified natural gas (LNG) carriers, addressing the significant increase in demand for LNG in China and closing the gap between demand and supply of LNG carrier capacity. The signing took place in the headquarters of NDB on February 21, 2025. Mr. Vladimir Kazbekov, NDB Vice President and Chief Operating Officer, and Mr. Jiuyong Yin, Vice President of Bank of Communications and Mr. Bin Xu, Chairman of BCFL participated in the signing.

    This is the first non-sovereign loan granted by NDB to a non-banking financial institution in China. The relationship between the Bank of Communications (BoCom) and NDB, both headquartered in Shanghai, reflects a longstanding and strategic partnership formalised with a Memorandum of Understanding signed in 2016. The partnership reached another significant milestone with NDB granting its first non-sovereign loan to a non-banking financial institution in China – BCFL, BoCom’s wholly owned subsidiary. This achievement highlights NDB’s dedication to supporting a diverse range of financial institutions and strengthening local markets.

    Under the terms of the loan agreement, NDB will provide USD 150 mln equivalent in RMB 1,069.23 mln loan to BCFL to acquire at least three LNG carriers, resulting in the expansion of its green leasing portfolio. The imports of LNG will help reduce China’s coal consumption and related Greenhouse Gas (GHG) emissions, which is in alignment with the “2030 Agenda for Sustainable Development” issued by the Chinese Government. Meanwhile, this batch of LNG carriers will be equipped with advanced propulsion systems, representing a significant improvement in the shipping industry in terms of efficiency, economies of scale and environmental performance.

    Aligned with the NDB’s General Strategy for 2022–2026, this loan promotes private sector participation in addressing infrastructure gaps and scaling up infrastructure investments, with a focus on enhancing development impact in the local market. Additionally, the loan reflects NDB’s commitment to supporting cleaner energy solutions, as it is tied to LNG-related projects that contribute to a lower-carbon energy mix. By utilizing local currency for financing, NDB reaffirms its strategic focus on expanding local currency operations over the 2022–2026 strategy cycle.

    “The non-sovereign loan provided by the New Development Bank to BCFL will significantly enhance its liquefied natural gas transportation capacity. It demonstrates NDB’s dedication to supporting China in reaching a peak in its carbon dioxide (CO2) emissions before 2030 and achieving carbon neutrality by 2060. This transaction will further strengthen the strategic partnership between NDB and BoCom. The LNG Transportation Project is aligned with NDB’s focus on supporting clean energy and energy efficiency projects as well as the Bank’s commitment to scale up non-sovereign operations,” said Mr. Vladimir Kazbekov, NDB VP & COO.

    “Thanks to NDB for choosing BoCom Financial Leasing, a subsidiary of BoCom, to cooperate. This loan is closely related to the national strategy of green and sustainable development and further consolidates the long-term strategic relationship between NDB and BoCom. As financial institutions both in Shanghai, we hope that the two parties will continue to cooperate in more areas such as bond underwriting, financial markets, and international business in the future,” said Mr. Ying, Vice President of BoCom.

    “We would like to thank NDB for its recognition and trust in BoCom Financial Leasing. BCFL continues to work on green and sustainable financial development, and the proportion of green leasing keeps growing. The loan funds from this cooperation will be used for the company’s three LNG ships built by Hudong-Zhonghua Shipbuilding Co., LTD. We take this as an important cooperation for the strategic partnership between BoCom and NDB,” stated Mr. Xu, Chairman of BCFL.

    Background Information

    New Development Bank

    NDB was established by Brazil, Russia, India, China and South Africa to mobilize resources for infrastructure and sustainable development projects in BRICS and other emerging market economies and developing countries, complementing the existing efforts of multilateral and regional financial institutions for global growth and development.

    For more information on NDB, please visit www.ndb.int

    Bank of Communications Financial Leasing

    BCFL was founded as a wholly owned subsidiary of BoCom in 2007 with the headquarter in Shanghai, China. It is one of the leading financial leasing companies in China and was one of five pilot financial leasing entities approved by the State Council of China. With the support from BoCom, it has grown rapidly since its incorporation and has become one of largest financial leasing companies in China. It operates in various sectors including aviation, shipping, and traditional leasing business.

    For more information on BCFL, please visit www.bocommleasing.com

    MIL OSI Economics

  • MIL-OSI: Oxbridge Announces Pricing of $3.0 Million Registered Direct Offering and Concurrent Private Placement 

    Source: GlobeNewswire (MIL-OSI)

    GRAND CAYMAN, Cayman Islands, Feb. 24, 2025 (GLOBE NEWSWIRE) — Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), together with its subsidiaries which is engaged in the business of tokenized Real-World Assets (“RWAs”) initially in the form of tokenized reinsurance securities, and reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United State, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 705,884 ordinary shares in a registered direct offering. In a concurrent private placement, the Company also agreed to issue and sell unregistered Series A Warrants to purchase up to an aggregate of 529,413 ordinary shares, and unregistered Series B Warrants to purchase up to an aggregate of 882,355 ordinary shares. The combined effective offering price for each ordinary share and the accompanying Series A Warrants and Series B Warrants is $4.25. The Series A Warrants will be immediately exercisable, and will expire two years from the initial exercise date and will have an exercise price of $4.25 per share. The Series B Warrants will be exercisable on the earlier of shareholder approval or 6 months from issuance, and will expire five years from the initial exercise date and will have an exercise price equal to the lower of (i) the Nasdaq minimum price and (ii) from and after the date the Company receives shareholder approval, $4.25 per share.

    The combined gross proceeds to the Company from the registered direct offering and concurrent private placement are estimated to be approximately $3.0 million before deducting the placement agent’s fees and other estimated offering expenses payable by the Company. The offering is expected to close on or about February 26, 2025, subject to the satisfaction of customary closing conditions.

    Maxim Group LLC is acting as the sole placement agent in connection with the offering.

    The ordinary shares are being offered pursuant to a shelf registration statement on Form S-3 (File No. 333-262590), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on September 6, 2022. The offering of ordinary shares will be made only by means of a prospectus supplement that forms a part of such registration statement. A prospectus supplement relating to the ordinary shares offered in the registered direct offering will be filed by the Company with the SEC. When available, copies of the prospectus supplement relating to the registered direct offering, together with the accompanying prospectus, can be obtained at the SEC’s website at www.sec.gov or from Maxim Group LLC, 300 Park Avenue, New York, NY 10022, Attention: Syndicate Department, or via email at syndicate@maximgrp.com or telephone at (212) 895-3500.
    The Series A Warrants and Series B Warrants to be issued in the concurrent private placement and the ordinary shares issuable upon exercise of such warrants were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Act”), and Regulation D promulgated thereunder and have not been registered under the Act or applicable state securities laws.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

    About Oxbridge Re Holdings Limited

    Oxbridge Re Holdings Limited (NASDAQ: OXBROXBRW) (“Oxbridge Re”) is headquartered in the Cayman Islands. The company offers tokenized Real-World Assets (“RWAs”) as tokenized reinsurance securities and reinsurance business solutions to property and casualty insurers, through its wholly owned subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited.

    Insurance businesses in the Gulf Coast region of the United States purchase property and casualty reinsurance through our licensed reinsurers Oxbridge Reinsurance Limited and Oxbridge Re NS.
    Our Web3-focused subsidiary, SurancePlus Inc. (“SurancePlus”), has developed the first “on-chain” reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non-U.S. investors.

    Forward-Looking Statements

    All statements in this release that are not based on historical fact are “forward-looking statements,” including within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The information in this announcement may contain forward-looking statements and information related to, among other things, the company, its business plan and strategy, and its industry. These statements reflect management’s current views with respect to future events-based information currently available and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.

    Company Contact:
    Oxbridge Re Holdings Limited
    Jay Madhu, CEO
    +1 345-749-7570
    jmadhu@oxbridgere.com

    The MIL Network