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Category: Americas

  • MIL-OSI United Nations: 4 June 2025 Departmental update Global health leaders urge action on immunization priorities at Seventy-eighth World Health Assembly

    Source: World Health Organisation

    During the Seventy-eighth World Health Assembly, held from 19 to 27 May 2025, Member States and global health partners urged continued action on vaccine-preventable diseases—such as cervical cancer, measles, meningitis, polio, and rubella—through Assembly agenda items and side events aimed at accelerating global immunization efforts and preventing future outbreaks. 

    Innovation, integration and investment to outsmart outbreaks 

    Immunization discussions kicked off at the high-level side event, “Outsmarting Outbreaks: Innovation, Integration & Investment”, hosted by Chile, Democratic Republic of the Congo, Madagascar, Niger, Somalia, and Zambia, and supported by the Gates Foundation, the United Nations Foundation and other partners. The event underscored the alarming resurgence of measles, cholera, and polio amid escalating conflict and climate threats, urging countries to safeguard immunization progress, complete polio eradication efforts, and strengthen preparedness for emerging health risks.  

    Attendees shared successes and challenges, particularly from countries facing simultaneous outbreaks, while emphasizing the criticality of routine immunization, cross-sector partnerships, and innovative techniques – including wastewater monitoring and digital disease modeling for surveillance and the use of electronic registries for immunization in low-resource settings – to controlling preventable diseases and avoid outbreaks.  

    Discussions also emphasized the necessity of a ‘SMART’ approach—strategic, measurable, aligned, resilient, and timely collaboration—as well as innovative solutions like the AI-powered All Hazard Information Management Toolkit, to enhance rapid response capabilities. A call to action capped the event, urging concerted efforts to sustain investment in immunization programmes, build trust in vaccines through community engagement, and ensure robust pandemic preparedness, including through surveillance. 

    Countries reaffirm commitment to defeat meningitis 

    Member States praised WHO’s launch of new guidelines on meningitis diagnosis, treatment and care, and the continued rollout of new vaccines, including Men5CV, in high-burden countries. They also emphasized the strong commitment of national leaders, partners, civil society organizations and the dedicated teams supporting the road map at all levels of WHO. 

    Despite progress, delegates raised key challenges including vaccine affordability and equitable access, shortages in trained healthcare personnel, insufficient laboratory infrastructure, and gaps in surveillance systems.  

    Member States called for technical and financial support, maintaining emergency vaccine stockpiles, research and innovations, particularly of early detection, strengthened community engagement and awareness campaigns among both communities and health care workers as well as supported rehabilitation services.  

    Meningitis was further discussed during an official side event hosted by Mali, Nigeria and Pakistan, along with Gavi, the Vaccine Alliance on integrating solutions to defeat malaria, meningitis and polio. The event aimed to highlight how an integrated approach to elimination or eradication goals of the three diseases could maximize available resources and improve health service delivery for people and communities. 

    “We are at an inflection point in global health,” said Dr Sania Nishtar, Chief Executive Officer, Gavi, the Vaccine Alliance in her remarks. “We all know the challenges that we face as partners in global health. Between now and 2030, we will have to work smarter, more collaboratively, and with the needs of countries at the center of everything we do.”  

    Attendees discussed how integration can be achieved within disease surveillance, diagnosis, treatment and long-term care, and prevention through equitable access to vaccines. Several countries presented examples of delivering polio, malaria and meningitis vaccines through integrated campaigns alongside bed net distribution.  The event closed on a call for increased technical and financial support to accelerate integration across the three programmes in order to end polio, malaria, and meningitis. 

    (Left to Right) Derrick Sim, Managing Director of Vaccine Markets & Health Security at Gavi; Dr Hanan Balkhy, WHO Regional Director for the Eastern Mediterranean; Dr Jo Mulligan, Senior Health Advisor,Foreign, Commonwealth & Development Office, United Kingdom; H.E. Dr Colonel Assa Badiallo Touré, Minister of Health and Social Development, Mali; H.E. Dr Iziaq Adekunle Salako, Minister of State for Health and Social Welfare, Nigeria, and Ambassador Bilal Ahmad, Permanent Representative of Pakistan to the United Nations. 

    Life-saving power of measles and rubella vaccines emphasized 

    Amidst a global surge in measles outbreaks and with millions of children still lacking protection, global health leaders convened at a high-level side event titled “The Power of Prevention – Immunizing for a Safer, Healthier World” to deliver a unified message: these outbreaks are preventable—if we act decisively and without delay. 

    Co-hosted by Oman, Somalia, the Gates Foundation, Gavi, the Vaccine Alliance, the International Federation of Red Cross and Red Crescent Societies (IFRC), UNICEF, and the United Nations Foundation, on behalf of the Measles & Rubella Partnership, the side event focused on accelerating global immunization efforts and promoting equity in vaccine access.  

    “The Measles & Rubella Partnership has been a backbone of measles and rubella programs, surveillance and outbreak response across the world,” said Dr Razia Pendse, WHO Chef de Cabinet in her opening remarks. “Yet, these gains are fragile. Measles is making a dangerous comeback threatening communities, economies and global health security. We must remain steadfast in our commitment to investing in measles vaccination and other vaccines, investments that will lead healthier children, communities, and a more resilient future for people of all ages.” 

    Dr Razia Pendse, WHO Chef de Cabinet and Dr. Hilal bin Ali bin Halil Alsabti, Minister of Health of Oman. 

    The meeting was moderated by Mr. Jarrett Barrios, senior vice-president of the American Red Cross. Dr Sania Nishtar, CEO of Gavi, the Vaccine Alliance reminded countries of what is at stake if targets for the organization’s ongoing replenishment are not met—millions of children remaining unprotected and increasing outbreaks. 

    A key focus of the discussion was WHO’s updated rubella vaccine recommendation, which removes the requirement for 80% measles coverage before introducing the combined measles-rubella vaccine. This policy shift allows all countries to include rubella vaccination in routine immunization—opening the door for the 13 remaining countries to introduce the vaccine, save lives, and prevent future outbreaks. 

    Grace Melia, an Indonesian mother who recently lost her daughter after a 12-year battle against the devastating effects of congenital rubella, concluded the event by sharing her testimonial and calling for action. “They say knowledge is power,” she said. “With all due respect, knowledge applied into action would be much more powerful. And I hope we are all here today to be part of that action.” 

    Reaffirmed commitments to achieving a polio-free world 

    During the Assembly, Member States reaffirmed their full support for achieving and sustaining a polio-free world, acknowledging WHO and its partners’ efforts to see the job done. Voicing concern about ongoing variant outbreaks and the need for interruption of wild poliovirus transmission in Afghanistan and Pakistan, Member States called for continued resourcing to the effort, and smart integration of polio functions within broader public health services. Other key themes were strengthened routine immunization – including with inactivated polio vaccine – through coordination with GAVI, and the need for strong oral polio vaccine cessation planning, the safe and secure containment of polioviruses in research and vaccine manufacturing facilities.  

    Read more about polio here. 

    World Cervical Cancer Elimination Day announced as official WHO campaign  

    As part of ongoing efforts to eliminate cervical cancer, the Assembly established World Cervical Cancer Elimination Day as an official WHO awareness campaign to be marked on 17 November, annually. World Cervical Cancer Elimination Day will promote actions to end the disease and protect the health of women and girls, including increasing access and update of human papillomavirus (HPV) vaccines.  

    Historic Pandemic Agreement  

    Member States formally adopted the world’s first Pandemic Agreement. The landmark decision by the World Health Assembly culminates more than three years of intensive negotiations launched by governments in response to the devastating impacts of the COVID-19 pandemic and driven by the goal of making the world safer from – and more equitable in response to – future pandemics. The agreement boosts global collaboration to ensure stronger, more equitable response to future pandemics. Next steps include negotiations on Pathogen Access and Benefits Sharing system. 

    —- 

    MIL OSI United Nations News –

    June 5, 2025
  • MIL-OSI USA: Rep. Jim Costa Denounces Trump’s Rescission of Funds for California’s High-Speed Rail

    Source: United States House of Representatives – Congressman Jim Costa Representing 16th District of California

    WASHINGTON – Congressman Jim Costa (CA-21) released the following statement after the Trump Administration announced it would rescind $4 billion from California’s High Speed Rail Project.   “President Trump just ripped roughly $4 billion from California’s High-Speed Rail (CAHSR). This undermines over 15,000 jobs created, growing local economies, and connecting both rural and urban communities alike.  He doesn’t understand the San Joaquin Valley or the legal challenges that have delayed this project. Instead, he is stalling progress and killing good-paying jobs to score political points. While President Trump remains stuck in the past, the people of California and the Valley are focused on building a cleaner, more connected future through modern rail infrastructure.  The President of the United States asked the question years ago, why America doesn’t have high-speed rail systems like those in Europe and Asia. The answer to that question is simple. He could provide the leadership to build high-speed rail corridors in America, as other countries have over the last 40 years in other parts of the world.”

    MIL OSI USA News –

    June 5, 2025
  • MIL-OSI USA: Rep. Jim Costa Statement on Violent Antisemitic Attack in Boulder

    Source: United States House of Representatives – Congressman Jim Costa Representing 16th District of California

    FRESNO, Calif. – Congressman Jim Costa (CA-21) released the following statement after a violent antisemitic attack on Pearl Street in Boulder, Colorado. “This hateful act of terror against the Jewish community in Boulder on the eve of Shavuot is part of a disturbing rise in antisemitic violence that we must confront head-on.We must speak out, stand united against it, and make clear: there is no place for antisemitism in America. My heart is with the victims, their families, and every community shaken by this violence.”

    MIL OSI USA News –

    June 5, 2025
  • MIL-OSI: Yuanbao Inc. Announces First Quarter 2025 Unaudited Financial Results

    Source: GlobeNewswire (MIL-OSI)

    BEIJING, June 05, 2025 (GLOBE NEWSWIRE) — Yuanbao Inc. (“Yuanbao” or the “Company”) (NASDAQ: YB), a leading technology-driven online insurance distributor in China, today announced its unaudited financial results for the first quarter ended March 31, 2025.

    First Quarter 2025 Financial and Operational Highlights

    • Total revenues in the first quarter of 2025 were RMB970.1 million (US$133.7 million), representing a 43.8% increase from RMB674.5 million in the same period of 2024.
    • Net income in the first quarter of 2025 was RMB295.1 million (US$40.7 million), representing a 122.1% increase from RMB132.9 million in the same period of 2024.
    • Net income margin in the first quarter of 2025 was 30.4%, compared with 19.7% in the same period of 2024.
    • Net operating cash inflow in the first quarter of 2025 was RMB425.1 million (US$58.6 million).
    • Number of new policies1 in the first quarter of 2025 was 6.8 million, representing a 21.3% increase from 5.6 million in the same period of 2024.

    Recent Developments

    • Leveraging the latest large language model (“LLM”) capabilities:
      • YB Agents. The Company has implemented an intelligent quality inspection Agent, capable of autonomously planning and coordinating multiple inspection tasks. This enables rapid deployment and reuse across complex scenarios, significantly enhancing inspection efficiency. The Company is also developing agents across other operational areas to improve process efficiency.
      • Retrieval-Augmented Generation (RAG) Enhancements. The Company has addressed the limitations of LLMs in processing specialized professional knowledge by integrating a specialized insurance knowledge database with RAG, resulting in more accurate responses to consumer insurance inquiries.
      • Multi-Modal Applications. The Company is implementing multi-modal capabilities to broaden its interaction methods, seamlessly combining text, images, and other data types to promote more convenient and efficient insurance services.
    • In terms of the Company’s full consumer service cycle engine (recommendation models), as of the end of March, the Company had developed more than 4,700 models capable of analysis across more than 5,100 labels, an increase of 600 models and 1,000 labels from a year ago.

    “Achieving our Nasdaq listing marks the most significant strategic milestone in Yuanbao’s growth since our founding in 2019,” said Mr. Rui Fang, Chairman and Chief Executive Officer of Yuanbao. “In the first quarter of 2025, we reported a substantial increase in revenue and net income, with all core operational metrics demonstrating double-digit year-over-year growth. Notably, the number of new policies increased by 21.3% compared with the prior year period. In technology, we continued to upgrade our full consumer service cycle engine and expand large language model applications across the entire business process. These advancements have remarkably enhanced both the efficiency and user experience of post-sale services, particularly in claim processing. As of the end of March, we had developed over 4,700 models capable of analysis across more than 5,100 labels, an increase of 600 models and 1,000 labels from a year ago. These developments have led to more accurate predictions and significantly improved operational efficiency. Looking ahead, we are committed to increasing investment in R&D to better serve evolving consumer needs. We will also focus on optimizing the full consumer service cycle, deepening strategic collaborations with insurance partners, and creating long-term value for shareholders.”

    Mr. Ray Wan, Chief Financial Officer of Yuanbao, commented, “We are pleased to report a strong start to 2025, fueled by stellar financial and operational performance in the first quarter. Our total revenues reached a record RMB970.1 million, marking a 43.8% year-over-year increase, underpinned by the strength and efficiency of our engine. Additionally, we continued to improve our profitability, with net income growing 122.1% and net income margin expanding by 10.7 percentage points to 30.4%, compared with the prior year period. These solid results underscore Yuanbao’s leadership in China’s fast-growing online health insurance industry, where we leverage our core technological strengths to pursue growth while maintaining profitability. We remain confident that our healthy financial position and robust cash reserves will support our strategic initiatives, enhance our competitive advantage, and enable us to explore new opportunities for sustainable future growth.”

    1 The number of new policies for a given period represents the total number of both short-term and long-term insurance policies purchased by the Company’s insurance consumers during that period.

    First Quarter 2025 Financial Results

    Total Revenues. Total revenues in the first quarter of 2025 were RMB970.1 million (US$133.7 million), representing a 43.8% increase from RMB674.5 million in the same period of 2024. This growth was primarily driven by significant increases in revenues from both insurance distribution services and system services.

    Insurance Distribution Services. Revenues from insurance distribution services in the first quarter of 2025 were RMB321.8 million (US$44.3 million), representing a 45.0% increase from RMB221.9 million in the same period of 2024. This growth was mainly due to an increase in the number of policies purchased by insurance consumers on Yuanbao’s platform, partly driven by the Company’s enhanced targeted marketing efforts.

    System Services. Revenues from system services in the first quarter of 2025 were RMB647.0 million (US$89.2 million), representing a 43.2% increase from RMB451.7 million in the same period of 2024. This growth was primarily driven by the Company’s enhanced ability to provide partnered insurance carriers more effective marketing services and accurate analytics services, enabled by the Company’s continuously improving full consumer service cycle engine. Additionally, the increase was attributable to an expanded provision of system services to both existing and newly acquired partnered insurance carriers.

    Others. Revenues from other services in the first quarter of 2025 were RMB1.3 million (US$0.2 million), representing a 27.8% increase from RMB1.0 million in the same period of 2024.

    Total Operating Costs and Expenses. Total operating costs and expenses in the first quarter of 2025 were RMB680.6 million (US$93.8 million), representing a 24.1% increase from RMB548.6 million in the same period of 2024.

    Operations and Support Expenses. Operations and support expenses in the first quarter of 2025 were RMB44.8 million (US$6.2 million), representing a 16.8% increase from RMB38.3 million in the same period of 2024. This increase was primarily driven by business growth.

    Selling and Marketing Expenses. Selling and marketing expenses in the first quarter of 2025 were RMB493.2 million (US$68.0 million), representing a 15.0% increase from RMB428.9 million in the same period of 2024. This increase was primarily due to enhanced efforts to attract new consumers and retain existing consumers.

    General and Administrative Expenses. General and administrative expenses in the first quarter of 2025 were RMB66.6 million (US$9.2 million), representing a 50.7% increase from RMB44.2 million in the same period of 2024. This increase was primarily due to higher salary and benefits expenses.

    Research and Development Expenses. Research and development expenses in the first quarter of 2025 were RMB76.1 million (US$10.5 million), representing a 104.5% increase from RMB37.2 million in the same period of 2024. This increase was primarily due to intensified research and development efforts and an expansion in R&D personnel, aimed at reinforcing the Company’s leadership position as a technology-driven online insurance distributor.

    Investment Income. Investment income in the first quarter of 2025 was RMB6.9 million (US$0.9 million), compared with RMB0.1 million in the same period of 2024. This growth was primarily due to higher gains from short-term investments.

    Net Income and Net Income Margin. Net income in the first quarter of 2025 was RMB295.1 million (US$40.7 million), representing a 122.1% increase from RMB132.9 million in the same period of 2024. Net income margin in the first quarter of 2025 was 30.4%, compared with 19.7% in the same period of 2024.

    Non-GAAP Adjusted Net Income2and Non-GAAP Adjusted Net Income Margin. Non-GAAP adjusted net income in the first quarter of 2025 was RMB312.2 million (US$43.0 million), representing a 103.2% increase from RMB153.6 million in the same period of 2024. Non-GAAP adjusted net income margin in the first quarter of 2025 was 32.2%, compared with 22.8% in the same period of 2024.

    Basic and Diluted Net Income per ADS.3 Basic net income per ADS in the first quarter of 2025 was RMB17.87 (US$2.46), compared with RMB4.97 in the same period of 2024. Diluted net income per ADS in the first quarter of 2025 was RMB6.46 (US$0.89), compared with RMB2.95 in the same period of 2024.

    Cash Position and Cash Flow

    As of March 31, 2025, the Company had cash and cash equivalents, time deposits, restricted cash and short-term investments of RMB2.77 billion (US$381.3 million), compared with RMB2.34 billion as of December 31, 2024.

    In the first quarter of 2025, net cash provided by operating activities was RMB425.1 million (US$58.6 million).

    2 Non-GAAP adjusted net income is defined as net income excluding share-based compensation expenses. See “Use of Non-GAAP Financial Measure” and “Reconciliations of GAAP and Non-GAAP Results” at the end of this press release.
    3 Each ADS represents six of the Company’s Class A ordinary shares, par value US$0.0001 per share.

    Exchange Rate

    This announcement contains translations of certain Renminbi (“RMB”) amounts into U.S. dollars (“US$”) at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to US$ were made at a rate of RMB7.2567 to US$1.00, the exchange rate in effect as of March 31, 2025, as set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System. The Company makes no representation that any RMB or US$ amounts could have been, or could be, converted into US$ or RMB, as the case may be, at any particular rate, or at all.

    Conference Call

    The Company’s management will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on June 5, 2025 or 8:00 P.M. Beijing Time to discuss its financial results and operating performance for the first quarter of 2025.

    Participant Online Registration:
    https://register-conf.media-server.com/register/BIa888df307303472fb71951c383b5a7ba

    Participants should complete online registration using the link provided above at least 15 minutes before the scheduled start time. Upon registration, participants will receive the conference call access information, including dial-in numbers, a personal PIN and an e-mail with detailed instructions to join the conference call.

    Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at ir.yb-inc.com.

    About Yuanbao Inc.

    Yuanbao Inc. is a leading technology-driven online insurance distributor in China, committed to protecting health and well-being through innovative technology. Leveraging its proprietary consumer service cycle engine and advanced technologies, Yuanbao delivers customized insurance solutions from its partnered insurance carriers to over ten million insurance consumers throughout the entire insurance lifecycle, ranging from personalized recommendations to post-sales services. Through deep collaboration with insurance carriers and the use of data-driven insights, Yuanbao empowers carriers to tailor flagship products, enhances consumer engagement, and drives scalable and efficient distribution.

    For more information, please visit: ir.yb-inc.com.

    Use of Non-GAAP Financial Measures

    The unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”).

    The Company uses non-GAAP financial measures, including adjusted net income and adjusted net income margin, in evaluating the Company’s operating results and for financial and operational decision-making purposes. Adjusted net income represents net income excluding share-based compensation expense, and adjusted net income margin represents adjusted net income as a percentage of revenue. Such adjustments have no impact on income tax.

    The non-GAAP financial measures are not presented in accordance with U.S. GAAP and may be different from non-GAAP methods of accounting and reporting used by other companies. The non-GAAP financial measures have limitations as an analytical tool and when assessing the Company’s operating performance, investors should not consider it in isolation. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure. Adjusted net income presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as a comparative measure to the Company’s data.

    For more information on the non-GAAP financial measures, please see the table captioned “Reconciliation of GAAP and Non-GAAP Results” set forth at the end of this press release.

    Safe Harbor Statement

    This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Among other things, quotations in this announcement contain forward-looking statements. Yuanbao may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Yuanbao’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Yuanbao’s mission, goals and strategies; Yuanbao’s future business development, financial condition and results of operations; the expected growth of the insurance industry in China; Yuanbao’s expectations regarding demand for and market acceptance of its products and services; Yuanbao’s expectations regarding its relationships with consumers, insurance carriers and other partners; competition in the industry and relevant government policies and regulations relating to insurance industry. Further information regarding these and other risks is included in Yuanbao’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Yuanbao does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    For investor and media inquiries, please contact:

    In China:

    Yuanbao Inc.
    E-mail: ir@yb-inc.com

    Piacente Financial Communications
    Hui Fan
    Tel: +86-10-6508-0677
    E-mail: yb@thepiacentegroup.com

    In the United States:

    Piacente Financial Communications
    Brandi Piacente
    Tel: +1-212-481-2050
    E-mail: yb@thepiacentegroup.com

    YUANBAO INC.
    UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS
    (All amounts in thousands, except for share and per share data)
     
        As of December 31,
    2024
      As of March 31, 2025
        RMB   RMB USD
    ASSETS          
    Current assets:          
    Cash and cash equivalents   1,904,674   2,236,013 308,131
    Time deposits   80,000   80,000 11,024
    Restricted cash   15,000   15,000 2,067
    Short-term investments   336,217   435,708 60,042
    Accounts receivable, net   260,958   332,586 45,832
    Prepayments and other current assets, net   75,964   44,991 6,200
    Total current assets   2,672,813   3,144,298 433,296
    Non-current assets:          
    Property and equipment, net   4,896   5,087 701
    Intangible assets, net   58,049   58,026 7,996
    Right-of-use assets   19,335   16,171 2,228
    Deferred tax assets, net   6,936   7,045 971
    Other non-current assets, net   17,611   17,611 2,427
    Total non-current assets   106,827   103,940 14,323
    TOTAL ASSETS   2,779,640   3,248,238 447,619
    LIABILITIES          
    Current liabilities:          
    Accounts payable   10,676   20,730 2,857
    Contract liabilities   117,649   95,405 13,147
    Salary and welfare payable   160,690   159,426 21,969
    Taxes payable   51,359   51,173 7,052
    Current lease liabilities   13,447   13,548 1,867
    Accrued expenses and other current liabilities   586,990   758,236 104,487
    Total current liabilities   940,811   1,098,518 151,379
    Non-current liabilities:          
    Non-current lease liabilities   5,714   2,297 317
    Deferred tax liabilities, net   46,030   48,473 6,680
    Total non-current liabilities   51,744   50,770 6,997
    TOTAL LIABILITIES   992,555   1,149,288 158,376
    YUANBAO INC.
    UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED)
    (All amounts in thousands, except for share and per share data)
     
        As of December 31,
    2024
      As of March 31, 2025
        RMB   RMB USD
    MEZZANINE EQUITY:          
    Series Seed convertible redeemable preferred
       shares (US$0.0001 par value; 30,769,231 and
       30,769,231 shares authorized, issued
       and outstanding as of December 31, 2024
       and March 31, 2025, respectively)
      692,051     695,316   95,817  
    Series Angel convertible redeemable
       preferred shares (US$0.0001 par value;
       21,978,022 and 21,978,022 shares
       authorized, issued and outstanding as of
       December 31, 2024 and March 31, 2025,
       respectively)
      495,921     497,729   68,589  
    Series B convertible redeemable preferred
       shares (US$0.0001 par value; 45,315,510
       and 45,315,510 shares authorized, issued
       and outstanding as of December 31, 2024
       and March 31, 2025, respectively)
      1,028,888     1,027,703   141,621  
    Series C-1 convertible redeemable preferred
       shares (US$0.0001 par value; 37,373,616
       and 37,373,616 shares authorized, issued
       and outstanding as of December 31, 2024
       and March 31, 2025, respectively)
      851,362     833,372   114,842  
    Series C-2 convertible redeemable preferred
       shares (US$0.0001 par value; 15,650,202
       and 15,650,202 shares authorized, issued
       and outstanding as of December 31, 2024
       and March 31, 2025, respectively)
      352,660     345,176   47,567  
    TOTAL MEZZANINE EQUITY   3,420,882     3,399,296   468,436  
               
    SHAREHOLDERS’ DEFICIT:          
    Ordinary shares (US$0.0001 par value,
       348,913,419 and 348,913,419 shares
       authorized, 106,994,625 and 106,994,625
       shares issued, 106,994,625 and
       106,994,625 shares outstanding as of
       December 31, 2024 and March 31, 2025,
       respectively)
      71     71   10  
    Additional paid-in capital   198,664     215,743   29,730  
    Statutory reserves   80,975     80,975   11,159  
    Accumulated deficit   (1,932,128 )   (1,615,440 ) (222,614 )
    Accumulated other comprehensive income   18,621     18,305   2,522  
    TOTAL SHAREHOLDERS’ DEFICIT   (1,633,797 )   (1,300,346 ) (179,193 )
    TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ DEFICIT   2,779,640     3,248,238   447,619  
    YUANBAO INC.
    UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    AND COMPREHENSIVE INCOME
    (All amounts in thousands, except for share, per share data, ADS and per ADS data)
     
      For the three months ended,
      March 31, 2024     March 31, 2025
     
      RMB     RMB   USD  
    Revenues 674,536     970,056   133,677  
    Operating costs and expenses*:              
    Operations and support (38,332 )   (44,756 ) (6,168 )
    Selling and marketing expenses (428,867 )   (493,150 ) (67,958 )
    General and administrative expenses (44,211 )   (66,640 ) (9,183 )
    Research and development expenses (37,212 )   (76,098 ) (10,487 )
    Total operating costs and expenses (548,622 )   (680,644 ) (93,796 )
    Other income:              
    Interest income 6,017     5,228   720  
    Exchange gains/(loss) 34     (138 ) (19 )
    Investment income 142     6,879   948  
    Others, net 791     439   60  
    Income before income taxes 132,898     301,820   41,590  
    Income tax expenses (47 )   (6,718 ) (926 )
    Net income 132,851     295,102   40,664  
    Accretion to preferred shares redemption value (64,607 )   21,586   2,975  
    Net income attributable to Yuanbao Inc.’s ordinary shareholders 68,244     316,688   43,639  
                   
    Net income 132,851     295,102   40,664  
    Other comprehensive income/(loss):              
    Foreign currency translation adjustments 396     (316 ) (44 )
    Total comprehensive income 133,247     294,786   40,620  
    Accretion to preferred shares redemption value (64,607 )   21,586   2,975  
    Comprehensive income attributable to Yuanbao Inc.’s ordinary shareholders 68,640     316,372   43,595  
                   
    Net income per share attributable to Yuanbao Inc.’s ordinary shareholders              
    Basic 0.83     2.98   0.41  
    Diluted 0.49     1.08   0.15  
                   
    Net income per ADS attributable to Yuanbao Inc.’s ordinary shareholders              
    Basic 4.97     17.87   2.46  
    Diluted 2.95     6.46   0.89  
                   
    Weighted average number of ordinary shares used in computing net income per share              
    Basic 82,325,900     106,358,492   106,358,492  
    Diluted 270,332,095     273,915,113   273,915,113  
                   

    *Share-based compensation expenses are included in the operating costs and expenses as follows:

      For the Three Months Ended
      March 31, 2024 March 31, 2025
      RMB RMB USD
    Operations and support –   (11 ) (2 )
    Selling and marketing expenses (4,626 ) (3,730 ) (514 )
    General and administrative expenses (12,105 ) (8,437 ) (1,163 )
    Research and development expenses (4,067 ) (4,901 ) (675 )
    Total (20,798 ) (17,079 ) (2,354 )

    **Each ADS represents six ordinary shares.

    YUANBAO INC.
    RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS (UNAUDITED)
    (All amounts in thousands, unless otherwise noted)
     
      For the Three Months Ended
      March 31, 2024 March 31, 2025
      RMB RMB USD
    Net income 132,851 295,102 40,664
    Add:      
    Share-based compensation expenses 20,798 17,079 2,354
    Non-GAAP adjusted net income 153,649 312,181 43,018

    The MIL Network –

    June 5, 2025
  • OpenAI finds more Chinese groups using ChatGPT for malicious purposes

    Source: Government of India

    Source: Government of India (4)

    OpenAI is seeing an increasing number of Chinese groups using its artificial intelligence technology for covert operations, which the ChatGPT maker described in a report released Thursday.

    While the scope and tactics employed by these groups have expanded, the operations detected were generally small in scale and targeted limited audiences, the San Francisco-based startup said.

    Since ChatGPT burst onto the scene in late 2022, there have been concerns about the potential consequences of generative AI technology, which can quickly and easily produce human-like text, imagery and audio.

    OpenAI regularly releases reports on malicious activity it detects on its platform, such as creating and debugging malware, or generating fake content for websites and social media platforms.

    In one example, OpenAI banned ChatGPT accounts that generated social media posts on political and geopolitical topics relevant to China, including criticism of a Taiwan-centric video game, false accusations against a Pakistani activist, and content related to the closure of USAID.

    Some content also criticized U.S. President Donald Trump’s sweeping tariffs, generating X posts, such as “Tariffs make imported goods outrageously expensive, yet the government splurges on overseas aid. Who’s supposed to keep eating?”.

    In another example, China-linked threat actors used AI to support various phases of their cyber operations, including open-source research, script modification, troubleshooting system configurations, and development of tools for password brute forcing and social media automation.

    A third example OpenAI found was a China-origin influence operation that generated polarized social media content supporting both sides of divisive topics within U.S. political discourse, including text and AI-generated profile images.

    OpenAI has cemented its position as one of the world’s most valuable private companies after announcing a $40 billion funding round valuing the company at $300 billion.

    (Reuters)

    June 5, 2025
  • MIL-OSI Asia-Pac: President Lai welcomes President Bernardo Arévalo of Republic of Guatemala with military honors  

    Source: Republic of China Taiwan

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

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

    Details
    2025-06-03
    President Lai welcomes President Hilda C. Heine of Republic of the Marshall Islands with military honors  
    President Lai Ching-te welcomed President Hilda C. Heine of the Republic of the Marshall Islands and her husband on the morning of June 3 with full military honors. In remarks, President Lai thanked President Heine and the people and government of the Marshall Islands for demonstrating such high regard for our nations’ diplomatic ties. The president said that over our 27 years of diplomatic relations, our cooperation in healthcare, agriculture, fisheries, education and training, and climate change has yielded many positive results. And moving ahead, he said, Taiwan will continue to deepen collaboration across all domains for mutual prosperity and growth. The welcome ceremony began at 10:30 a.m. in the plaza fronting the Presidential Office. President Lai and President Heine each delivered remarks after a 21-gun salute, the playing of the two countries’ national anthems, and a review of the military honor guard. A translation of President Lai’s remarks follows: On behalf of the people and government of the Republic of China (Taiwan), it is a great pleasure to welcome President Heine, First Gentleman Thomas Kijiner, Jr., and their delegation with full military honors as they make this state visit to Taiwan. When I traveled to the Marshall Islands on a state visit last December, I was received with great warmth and courtesy. I once again thank President Heine and the people and government of the Marshall Islands for demonstrating such high regard for our nations’ diplomatic ties. Taiwan and the Marshall Islands share Austronesian cultural traditions, and we are like-minded friends. Throughout our 27 years of diplomatic relations, we have always engaged with each other in a spirit of reciprocal trust and mutual assistance. Our cooperation in healthcare, agriculture, fisheries, education and training, and climate change has yielded many positive results. This is President Heine’s first state visit to Taiwan since taking office for a second time. We look forward to engaging our esteemed guests in in-depth discussions on issues of common concern. And moving ahead, Taiwan will continue to deepen collaboration with the Marshall Islands across all domains for mutual prosperity and growth. In closing, I thank President Heine, First Gentleman Kijiner, and their entire delegation for visiting Taiwan. I wish you all a pleasant and successful trip.  A transcript of President Heine’s remarks follows: Your Excellency President Lai Ching-te, Vice President [Bi-khim] Hsiao, honorable members of the cabinet, ambassadors, distinguished guests, ladies and gentlemen: It is my pleasure to extend warm greetings of iokwe on behalf of the people and the government of the Republic of the Marshall Islands. I wish to also convey my appreciation to Your Excellency President Lai, for the hospitality and very warm welcome – kommol tata. This visit marks my seventh official state visit to this beautiful country. It’s a testament to my strong commitment to further deepening ties between the Republic of the Marshall Islands and the Republic of China (Taiwan). During this visit, I look forward to engaging in meaningful discussions with Your Excellency President Lai to further strengthen the bilateral relationship between our two nations and our peoples.  For over a quarter-century, Taiwan has been a strong ally and friend to the Marshall Islands. Our partnership has thrived across many sectors, including education, healthcare, infrastructure, and economic development. Through Taiwan’s generous support and collaboration, we have made significant progress in improving the lives of our people, empowering our communities, and fostering sustainable growth. The Marshall Islands deeply values our partnership with Taiwan and appreciates Taiwan’s support over the years. Despite our small size and limited voice on the global stage, the Marshall Islands deeply cherishes our friendship with Taiwan, and to that end, I wish to reaffirm my government’s commitment to Taiwan’s meaningful participation in the United Nations system. Taiwan has consistently demonstrated its commitment to the principles of democracy, human rights, and the rule of law. In light of current constraints in global affairs, it is now more urgent than ever that the international community of nations recognize the fundamental rights of the 23 million Taiwanese people and recognize Taiwan’s aspiration to engage fully in global affairs. It is with this in mind that I wish to reiterate to Your Excellency President Lai, the Taiwanese people, and the world that under my government, Marshall Islands will continue to acknowledge Taiwan’s contribution on the global stage and urge like-minded countries to advocate for Taiwan’s meaningful engagement in the international arena. In closing, may I once again extend our sincere appreciation to Your Excellency President Lai, the people and government of the Republic of China (Taiwan), for your warm welcome.  Also in attendance at the welcome ceremony were Charge d’Affaires a.i. Anjanette Davis-Anjel of the Embassy of the Republic of the Marshall Islands, Dean of the Diplomatic Corps and Saint Vincent and the Grenadines Ambassador Andrea Clare Bowman, and members of the foreign diplomatic corps in Taiwan.  

    Details
    2025-05-29
    President Lai attends 2025 Europe Day Dinner
    On the evening of May 29, President Lai Ching-te attended the 2025 Europe Day Dinner. In remarks, President Lai stated that Taiwan looks forward to further establishing institutionalized mechanisms with Europe for our trade and investment ties and hopes to take an innovative and diverse approach to sign an economic partnership agreement with the European Union, to provide a more transparent, stable, and predictable business environment for our enterprises. The president said that Taiwan will actively work alongside other democracies, including those in Europe, to jointly build resilient, promising non-red supply chains, and noted that Taiwan and Europe have endless potential for collaboration, whether it is in safeguarding freedom and democracy or advancing our economic and trade relationship. He expressed hope to further strengthen our partnership and work together toward global peace, stability, and prosperity. A transcript of President Lai’s remarks follows: Chairman [Henry] Chang (張瀚書), thank you for the invitation, and congratulations on your second term. I’m confident that under your leadership, the ECCT [European Chamber of Commerce Taiwan] will build even more bridges for cooperation between Taiwan and Europe. I would also like to thank EETO [European Economic and Trade Office] Head [Lutz] Güllner and all the European country representatives stationed in Taiwan. Your hard work over the years has helped deepen Taiwan-Europe relations and brought about such fruitful cooperation. Thank you. This year we celebrate the 75th anniversary of the Schuman Declaration. In 1950, then-French Foreign Minister Robert Schuman proposed to create a European federation dedicated to preserving peace. The declaration symbolized a new flowering in the post-war era of democracy, unity, and cooperation. As we face the geopolitical challenges and drastic economic changes of today’s world, the Schuman Declaration still speaks to us profoundly. This year is also the 80th anniversary of the end of World War II in Europe. Moving forward, Taiwan will continue to advance cooperation with our democratic partners, and will join hands with Europe to build a partnership of even greater resilience and mutual trust. Europe is Taiwan’s third largest trading partner. It is also Taiwan’s largest source of foreign direct investment. Last year, bilateral trade between Taiwan and Europe totaled US$84.7 billion. This demonstrates our vibrant economic and trade ties and reflects the high levels of confidence our businesses have in each other’s markets and systems. We look forward to Taiwan and Europe further establishing institutionalized mechanisms for our trade and investment ties. And we hope to take an innovative and diverse approach to sign an economic partnership agreement with the EU, to provide a more transparent, stable, and predictable business environment for our enterprises. Today’s Taiwan has an internationally recognized democracy and a semiconductor industry vital to global security and prosperity. This enables us to play a key role in restructuring global democratic supply chains and the economic order. In particular, we see supply chains dominated by a new authoritarian bloc expanding their influence through non-market mechanisms, price subsidies, and monopolies on resources, as they seek global control of critical technologies and manufacturing capabilities. Their actions not only distort principles of market fairness, but also threaten the international community’s basic expectations for democracy, the rule of law, and corporate responsibility. In response, Taiwan will actively work alongside other democracies, including those in Europe, to jointly build resilient, promising non-red supply chains. We will also introduce an initiative on semiconductor supply chain partnerships for global democracies. This is more than a proposal for economic cooperation; it is an alliance of shared values and advanced technology. Security in the Taiwan Strait and regional peace and stability have always been issues of mutual interest for Taiwan and Europe. So here today, on behalf of all the people of Taiwan, I would like to thank the EU and European nations for continuing to take concrete actions in public support of peace and stability across the strait. Such actions are vital to regional security and prosperity. Taiwan will continue to bolster itself to achieve real peace through strength, and will work with democratic partners to safeguard freedom and democracy, thereby showing our determination for regional peace. At this critical time, Taiwan and Europe have endless potential for collaboration, whether it’s in safeguarding freedom and democracy or advancing our economic and trade relationship. I look forward to our joining hands at this strategic juncture to further strengthen our partnership and work together toward global peace, stability, and prosperity. Also in attendance at the event was British Office Taipei Representative Ruth Bradley-Jones.

    Details
    2025-05-28
    President Lai meets US delegation led by Senator Tammy Duckworth
    On the afternoon of May 28, President Lai Ching-te met with a delegation led by United States Senator Tammy Duckworth. In remarks, President Lai thanked the US Congress and government for their longstanding and bipartisan support for Taiwan. The president stated that Taiwan will continue to strengthen cooperation with the US and jointly safeguard regional peace and stability. He pointed out that the Taiwan government has already proposed a roadmap for deepening Taiwan-US trade ties and will encourage mutual investment between Taiwanese and US businesses. He then expressed hope of deepening Taiwan-US ties and creating more niches for both sides. A translation of President Lai’s remarks follows: I warmly welcome this delegation led by Senator Duckworth, a dear friend of Taiwan. Senator Duckworth previously visited in May last year to convey congratulations after the inauguration of myself and Vice President Bi-khim Hsiao. Your bipartisan delegation was the first group from the US Senate that I met with as president. Today, you are visiting just after the first anniversary of my taking office, demonstrating the staunch support of the US and our deep friendship. On behalf of the people of Taiwan, I extend my sincere appreciation and greetings. And I invite you to come back and visit next year, the year after that, and every year. Taiwan and the US share the values of democracy and the rule of law and believe in free and open markets. Both sides embrace a common goal of peace, stability, and prosperity in the Indo-Pacific region. I thank the US Congress and government for their longstanding, bipartisan, and steadfast support for Taiwan. In 2021, to help Taiwan overcome the challenges of the COVID-19 pandemic, Senator Duckworth made a special trip here to announce that the US government would be donating vaccines to Taiwan. In recent years, Senator Duckworth has also promoted the TAIWAN Security Act, STAND with Taiwan Act, and Taiwan and America Space Assistance Act in the US Congress, all of which have further deepened Taiwan-US cooperation and steadily advanced our ties. For this, I express my deepest appreciation. I want to emphasize that the people of Taiwan have an unyielding determination to protect their homeland and free and democratic way of life. Over the past year, the government and private sector have been working together to enhance Taiwan’s whole-of-society defense resilience. The government is committed to reforming national defense, and it has proposed prioritizing special budget allocations to ensure that our defense budget exceeds three percent of GDP. This will continue to bolster Taiwan’s self-defense capabilities. Moving forward, Taiwan will continue to strengthen cooperation with the US. In addition to jointly safeguarding regional peace and stability, we also aspire to deepen bilateral trade and economic ties. At the SelectUSA Investment Summit in Washington, DC, earlier this month, Taiwan’s delegation was once again the biggest delegation attending the event – proof positive of our close economic and trade cooperation. We have already proposed a roadmap for deepening Taiwan-US trade ties. We will narrow the trade imbalance through the procurement of energy and agricultural and other industrial products from the US. We will encourage mutual investment between Taiwanese and US businesses to stimulate industrial development on both sides, especially in such industries as national defense and shipbuilding. We therefore look forward to Congress passing the US-Taiwan Expedited Double-Tax Relief Act as soon as possible, as this would deepen Taiwan-US trade ties and create more niches for business. In closing, I once again thank Senator Duckworth for making the trip to Taiwan. Let us continue to work together to elevate Taiwan-US ties. I wish you a pleasant and successful visit. Senator Duckworth then delivered remarks, saying that she is happy to be back in Taiwan and that she wanted to make sure to come back just after President Lai’s one-year anniversary of taking office to show the dedication and the outstanding friendship that we have. She noted that because no matter who is in the White House, no matter which political party is in power in Washington, DC, she has always believed that if America wants to remain a leader on the global stage, it has to show up for friends like Taiwan.  Senator Duckworth mentioned that in the years that she has been coming to Taiwan since pre-COVID times, she has seen a remarkable increase in participation in its defense and the support of the Taiwanese people for defending the homeland. She then thanked Taiwan for making the commitment to its self-defense, and also for being a partner with other nations around the world.  The STAND with Taiwan Act, the senator noted, is so named because the US wants to stand side by side with Taiwan. Pointing out that Taiwan is an important leader in the Indo-Pacific and on the global stage, she reiterated that there is support on both sides of the aisle in Washington for Taiwanese democracy, and added that the people of Taiwan are showing that they are willing to shore up their own readiness. Senator Duckworth said that whether it is delivering vaccines to Taiwan or making sure that the US National Guard works with Taiwan’s reserve forces or even with its civilian emergency response teams, these are all important components to the ongoing partnership between our nations.  Senator Duckworth indicated that there are many great opportunities moving forward beyond our military cooperation with one another. Whether it is in chip manufacturing, agricultural investments, shipbuilding, or in the healthcare field, those investments in both nations will facilitate stability and development in both our nations. She said that is why she wants to continue the Taiwan-US relationship, underlining that they are in it for the long haul. The delegation was accompanied to the Presidential Office by American Institute in Taiwan Taipei Office Director Raymond Greene.

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

    MIL OSI Asia Pacific News –

    June 5, 2025
  • MIL-OSI: Jill Martin Joins MOBIA as Director of Sales

    Source: GlobeNewswire (MIL-OSI)

    DARTMOUTH, Nova Scotia, June 05, 2025 (GLOBE NEWSWIRE) — MOBIA, Canada’s leading business transformation partner, is thrilled to welcome Jill Martin to its team, marking a new chapter in the company’s strategy to grow its presence across Canada. A dynamic sales executive Martin has over two decades of experience in translating big picture vision into revenue growth across enterprise, small to medium businesses (SMB), and partner-led ecosystems. Martin has honed the unique ability to consistently deliver results while building high-performing teams, scaling channel partnerships, and leading with a challenger mindset in competitive markets.

    “Jill’s leadership style and strategic mindset are a perfect match for MOBIA’s values and our national vision,” said Chris Peerless, Vice President, Canada. “She brings not only a depth of sales expertise but a culture-first approach that energizes team members and partners. We’re excited to see the impact she’ll have as we continue to grow and strengthen our presence across Canada.”

    Most recently, Martin served as National Channel Sales Leader at Pure Storage, where she shaped the company’s go-to-market strategy across Canada. From launching the channel to driving major enterprise wins, her tenure was defined by purpose, pride, and powerful collaboration. Her strategic instincts, creativity, and trusted leadership made her a driving force behind Pure’s partner success and market expansion. “Throughout my career, I’ve had the privilege to work with talented teams at leading organizations,” said Martin. “I’m excited for the opportunity to work with another high-caliber team and to lead the efforts to expand MOBIA’s reach across Canada, not just with customers but with strong partner relationships, too.”

    As an acknowledged culture builder, it was MOBIA’s great culture that drew Martin. “I believe that a healthy company and team focussed culture is a critical factor for success, she said. “I’m excited to be part of a team that lives this, not just internally but when it comes to serving its clients.”

    “I look forward to having Jill on the team as another advocate as we continue to build lasting relationships with our partners,” said Nicole Murphy, Director of Alliances and Partnerships at MOBIA. “At MOBIA, we always say that we’re stronger together. Having leaders that embody this bring us closer to that vision.”

    To learn more about MOBIA contact Laura Hambly at laura.hambly@mobia.io.

    ABOUT MOBIA
    MOBIA is a leading expert in business transformation and innovative enterprise technology systems. With hundreds of customers across North America, MOBIA partners with organizations of all sizes, across all verticals to transform the way they work. Focused on people, processes, technology, and culture, MOBIA helps businesses reach their full potential. MOBIA is proud to be recognized as one of Canada’s Best Managed Companies and Canada’s Top Growing Companies. To learn more, visit Mobia.io

    The MIL Network –

    June 5, 2025
  • MIL-OSI Global: Why the global tax system needs fixing – podcast

    Source: The Conversation – UK – By Mend Mariwany, Producer, The Conversation Weekly Podcast, The Conversation

    Cagkan Sayin/Shutterstock

    For decades, multinational corporations have used sophisticated strategies to shift profits away from where they do business. As a result, countries around the world lose an estimated US$500 billion annually in unpaid taxes, with developing nations hit particularly hard.

    In the first of two episodes for The Conversation Weekly podcast called The 15% solution, we explore how companies have exploited loopholes in the global tax system. The episode features insights from Annette Alstadsæter, director of the Centre for Tax Research at the Norwegian University of Life Sciences, and Tarcisio Diniz Magalhaes, a professor of tax law at the University of Antwerp in Belgium.

    The problem goes beyond clever accounting. Our international tax rules were built for an industrial age where companies were physically present where they operated. But today’s tech giants can generate billions in revenue from users around the world, without having a single employee or office there, leaving those nations unable to tax those profits at all.

    In 2021, after years of international negotiations, the Organisation for Economic Co-operation and Development unveiled a global tax deal designed to address tax avoidance through a minimum corporate tax rate of 15%. But will this new framework actually work? And what happens when major economies refuse to participate?

    Across two episodes, The 15% solution explores why a new global tax regime is needed, whether it can fix a broken system, and what’s at stake if it fails. Part two will be published on June 6.


    This episode of The Conversation Weekly was written and produced by Mend Mariwany. Gemma Ware is the executive producer. Mixing and sound design by Eloise Stevens and theme music by Neeta Sarl.

    Newsclips in this episode from NBC News, France24, BBC News, DW News and TRT World.

    Listen to The Conversation Weekly via any of the apps listed above, download it directly via our RSS feed or find out how else to listen here. A transcript of this episode is available on Apple Podcasts.

    Tarcísio Diniz Magalhães has received funding from the University of Antwerp Research Fund, Flanders Research Foundation, Social Sciences and Humanities Research Council in Canada and the Ford Foundation. He is a member of the Antwerp Tax Academy and DigiTax Centre of Excellence and is lead professor on International Taxation, Working Group on Tax Reform, ACMinas – Commercial and Business Association of Minas Gerais. Annette Alstadsæter is the Director of Skatteforsk – Centre for Tax Research which collaborates with the EU Tax Observatory on the Atlas of the Offshore World.

    – ref. Why the global tax system needs fixing – podcast – https://theconversation.com/why-the-global-tax-system-needs-fixing-podcast-257672

    MIL OSI – Global Reports –

    June 5, 2025
  • MIL-OSI Banking: IT threat evolution in Q1 2025. Non-mobile statistics

    Source: Securelist – Kaspersky

    Headline: IT threat evolution in Q1 2025. Non-mobile statistics

    IT threat evolution in Q1 2025. Non-mobile statistics
    IT threat evolution in Q1 2025. Mobile statistics

    The statistics in this report are based on detection verdicts returned by Kaspersky products unless otherwise stated. The information was provided by Kaspersky users who consented to sharing statistical data.

    The quarter in numbers

    In Q1 2025:

    • Kaspersky products blocked more than 629 million attacks that originated with various online resources.
    • Web Anti-Virus detected 88 million unique links.
    • File Anti-Virus blocked more than 21 million malicious and potentially unwanted objects.
    • Nearly 12,000 new ransomware variants were detected.
    • More than 85,000 users experienced ransomware attacks.
    • RansomHub was involved in attacks on 11% of all ransomware victims whose data was published on data leak sites (DLSs). Slightly under 11% encountered the Akira and Clop ransomware.
    • Almost 315,000 users faced miners.

    Ransomware

    The quarter’s trends and highlights

    Law enforcement success

    Phobos Aetor, a joint international effort by law enforcement agencies from the United States, Great Britain, Germany, France and several other countries, resulted in the arrest of four suspected members of 8Base. They are accused of carrying out more than 1000 cyberattacks around the world with the help of the Phobos ransomware. The suspects were arrested in Thailand and charged with extorting more than $16 million dollars in Bitcoin. According to law enforcement officials, the multinational operation resulted in the seizure of more than 40 assets, including computers, phones, and cryptocurrency wallets. Additionally, law enforcement took down 27 servers linked to the cybercrime gang.

    An ongoing effort to combat LockBit led to the extradition of a suspected ransomware developer to the United States. Arrested in Israel last August, the suspect is accused of receiving more than $230,000 in cryptocurrency for his work with the group between June 2022 and February 2024.

    Vulnerabilities and attacks, BYOVD, and EDR bypassing

    The first quarter saw a series of vulnerabilities detected in Paragon Partition Manager. They were assigned the identifiers CVE-2025-0288, CVE-2025-0287, CVE-2025-0286, CVE-2025-0285, and CVE-2025-0289. According to researchers, ransomware gangs had been exploiting the vulnerabilities to gain Windows SYSTEM privileges during BYOVD (bring your own vulnerable driver) attacks.

    Akira exploited a vulnerability in a webcam to try and bypass endpoint detection and response (EDR) and encrypt files on the organization’s network over the SMB protocol. The attackers found that their Windows ransomware was being detected and blocked by the security solution. To bypass it, they found a vulnerable network webcam in the targeted organization that was running a Linux-based operating system and was not protected by EDR. The attackers were able to evade detection by compromising the webcam, mounting network drives of other machines, and running the Linux version of their ransomware on the camera.

    HellCat leveraged compromised Jira credentials to attack a series of companies, including Ascom, Jaguar Land Rover, and Affinitiv. According to researchers, the threat actors obtain credentials by infecting employees’ computers with Trojan stealers like Lumma.

    Other developments

    An unidentified source posted Matrix chat logs belonging to the Black Basta gang. The logs feature information about the gang’s attack techniques and vulnerabilities that it exploited. In addition, the logs contain details about the group’s internal structure and its members, as well as more than 367 unique ZoomInfo links that the attackers used to gather data on potential victims.

    BlackLock was compromised due to a vulnerability in the threat actor’s data leak site (DLS). Researchers who discovered the vulnerability gained access to confidential information about the group and its activities, including configuration files, login credentials, and the history of commands run on the server. DragonForce, a rival ransomware outfit, exploited the same security flaw to deface the DLS. They changed the site’s appearance, and made BlackLock’s internal chat logs and certain configuration files publicly available.

    The most prolific groups

    This section highlights the most prolific ransomware groups by number of victims that each added to their DLS during the reporting period. RansomHub, which stood out in 2024, remained the leader by number of new victims with 11.03%. Akira (10.89%) and Clop (10.69%) followed close behind.

    The number of the group’s victims according to its DLS as a percentage of all groups’ victims published on all the DLSs reviewed during the reporting period (download)

    Number of new modifications

    In the first quarter, Kaspersky solutions detected three new ransomware families and 11,733 new variants – almost four times more than in the fourth quarter of 2024. This is due to the large number of samples that our solutions categorized as belonging to the Trojan-Ransom.Win32.Gen family.

    New ransomware variants, Q1 2024 – Q1 2025 (download)

    Number of users attacked by ransomware Trojans

    The number of unique KSN users protected is 85,474.

    Number of unique users attacked by ransomware Trojans, Q1 2025 (download)

    Attack geography

    Top 10 countries and territories attacked by ransomware Trojans

    Country/territory* %**
    1 Oman 0.661
    2 Libya 0.643
    3 South Korea 0.631
    4 China 0.626
    5 Bangladesh 0.472
    6 Iraq 0.452
    7 Rwanda 0.443
    8 Pakistan 0.441
    9 Tajikistan 0.439
    10 Sri Lanka 0.419

    * Excluded are countries and territories with relatively few (under 50,000) Kaspersky product users.
    ** Unique users whose computers were attacked by ransomware Trojans as a percentage of all unique Kaspersky product users in the country/territory

    TOP 10 most common ransomware Trojan families

    Name Verdict* %**
    1 (generic verdict) Trojan-Ransom.Win32.Gen 25.10
    2 WannaCry Trojan-Ransom.Win32.Wanna 8.19
    3 (generic verdict) Trojan-Ransom.Win32.Encoder 6.70
    4 (generic verdict) Trojan-Ransom.Win32.Crypren 6.65
    5 (generic verdict) Trojan-Ransom.Win32.Agent 3.95
    6 Cryakl/CryLock Trojan-Ransom.Win32.Cryakl 3.16
    7 LockBit Trojan-Ransom.Win32.Lockbit 3.15
    8 (generic verdict) Trojan-Ransom.Win32.Phny 2.90
    9 PolyRansom/VirLock Virus.Win32.PolyRansom / Trojan-Ransom.Win32.PolyRansom 2.73
    10 (generic verdict) Trojan-Ransom.Win32.Crypmod 2.66

    * Unique Kaspersky product users attacked by the specific ransomware Trojan family as a percentage of all unique users attacked by this type of threat.

    Miners

    Number of new modifications

    In the first quarter of 2025, Kaspersky solutions detected 5,467 new miner variants.

    New miner variants, Q1 2025 (download)

    Number of users attacked by miners

    Miners were fairly active in the first quarter. During the reporting period, we detected miner attacks on the computers of 315,701 unique Kaspersky product users worldwide.

    Number of unique users attacked by miners, Q1 2025 (download)

    Attack geography

    Top 10 countries and territories attacked by miners

    Country/territory* %**
    1 Senegal 2.59
    2 Kazakhstan 1.36
    3 Panama 1.28
    4 Belarus 1.22
    5 Ethiopia 1.09
    6 Tajikistan 1.07
    7 Moldova 0.90
    8 Dominican Republic 0.86
    9 Kyrgyzstan 0.84
    10 Tanzania 0.82

    * Excluded are countries and territories with relatively few (under 50,000) Kaspersky product users.
    ** Unique users whose computers were attacked by miners as a percentage of all unique Kaspersky product users in the country/territory.

    Attacks on macOS

    The first quarter saw the discovery of a new Trojan loader for macOS. This is a Go-based variant of ReaderUpdate, which has previously appeared in Python, Crystal, Rust, and Nim versions. These loaders are typically used to download intrusive adware, but there is nothing stopping them from delivering any kind of Trojan.

    During the reporting period researchers identified new loaders from the Ferret malware family which were being distributed by attackers through fake online job interview invitations. These Trojans are believed to be part of an ongoing campaign that began in December 2022. The original members of the Ferret family date back to late 2024. Past versions of the loader delivered both a backdoor and a crypto stealer.

    Throughout the first quarter, various modifications of the Amos stealer were the most aggressively distributed Trojans. Amos is designed to steal user passwords, cryptocurrency wallet data, browser cookies, and documents. In this campaign, threat actors frequently modify their Trojan obfuscation techniques to evade detection, generating thousands of obfuscated files to overwhelm security solutions.

    TOP 20 threats to macOS

    (download)

    * Unique users who encountered this malware as a percentage of all attacked users of Kaspersky security solutions for macOS.
    * Data for the previous quarter may differ slightly from previously published data due to certain verdicts being retrospectively revised.

    As usual, a significant share of the most common threats to macOS consists of potentially unwanted applications: adware, spyware tracking user activity, fake cleaners, and reverse proxies like NetTool. Amos Trojans, which we mentioned earlier, also gained popularity in the first quarter. Trojan.OSX.Agent.gen, which holds the third spot in the rankings, is a generic verdict that detects a wide variety of malware.

    Geography of threats to macOS

    TOP 10 countries and territories by share of attacked users

    Country/territory Q4 2024* Q1 2025*
    Spain 1.16% 1.02%
    France 1.52% 0.96%
    Hong Kong 1.21% 0.83%
    Singapore 0.32% 0.75%
    Mexico 0.85% 0.74%
    Germany 0.96% 0.74%
    Mainland China 0.73% 0.68%
    Brazil 0.66% 0.61%
    Russian Federation 0.50% 0.53%
    India 0.84% 0.51%

    * Unique users who encountered threats to macOS as a percentage of all unique Kaspersky product users in the country/territory.

    IoT threat statistics

    This section presents statistics on attacks targeting Kaspersky IoT honeypots. The geographic data on attack sources is based on the IP addresses of attacking devices.

    In the first quarter of 2025, the share of devices that attacked Kaspersky honeypots via the Telnet protocol increased again, following a decline at the end of 2024.

    Distribution of attacked services by number of unique IP addresses of attacking devices (download)

    The distribution of attacks across Telnet and SSH remained virtually unchanged compared to the fourth quarter of 2024.

    Distribution of attackers’ sessions in Kaspersky honeypots (download)

    TOP 10 threats delivered to IoT devices:

    Share of each threat uploaded to an infected device as a result of a successful attack in the total number of uploaded threats (download)

    A significant portion of the most widespread IoT threats continues to be made up of various Mirai DDoS botnet variants. BitCoinMiner also saw active distribution in the first quarter, accounting for 7.32% of detections. The number of attacks by the NyaDrop botnet (19.31%) decreased compared to the fourth quarter of 2024.

    Geography of attacks on IoT honeypots

    When looking at SSH attacks by country/territory, mainland China’s share has declined, while attacks coming from Brazil have seen a noticeable increase. There was also a slight uptick in attacks coming from the United States, Indonesia, Australia, and Vietnam.

    Country/territory Q4 2024 Q1 2025
    Mainland China 32.99% 20.52%
    India 19.13% 19.16%
    Russian Federation 9.46% 9.16%
    Brazil 2.18% 8.48%
    United States 4.90% 5.52%
    Indonesia 1.37% 3.99%
    Hong Kong 2.81% 3.46%
    Australia 1.31% 2.75%
    France 3.53% 2.54%
    Vietnam 1.41% 2.27%

    The share of Telnet attacks originating from China and India dropped, while Brazil, Nigeria, and Indonesia took a noticeably larger share.

    Country/territory Q4 2024 Q1 2025
    China 44.67% 39.82%
    India 33.79% 30.07%
    Brazil 2.62% 12.03%
    Russian Federation 6.52% 5.14%
    Pakistan 5.77% 3.99%
    Nigeria 0.50% 3.01%
    Indonesia 0.58% 2.25%
    United States 0.42% 0.68%
    Ukraine 0.79% 0.67%
    Sweden 0.42% 0.33%

    Attacks via web resources

    The statistics in this section are based on detection verdicts by Web Anti-Virus, which protects users when suspicious objects are downloaded from malicious or infected web pages. Cybercriminals create malicious pages on purpose. Websites that host user-created content, such as forums, as well as compromised legitimate sites, can become infected.

    Countries and territories that serve as sources of web-based attacks: the TOP 10

    This section contains a geographical distribution of sources of online attacks blocked by Kaspersky products: web pages that redirect to exploits, sites that host exploits and other malware, botnet C&C centers, and so on. Any unique host could be the source of one or more web-based attacks.
    To determine the geographical source of web-based attacks, domain names were matched against their actual IP addresses, and then the geographical location of a specific IP address (GeoIP) was established.

    In the first quarter of 2025, Kaspersky solutions blocked 629,211,451 attacks launched from online resources across the globe. Web Anti-Virus detected 88,389,361 unique URLs.

    Geographical distribution of sources of web-based attacks by country/territory, Q1 2025 (download)

    Countries and territories where users faced the greatest risk of online infection

    To assess the risk of online infection faced by PC users in various countries and territories, for each country or territory, we calculated the percentage of Kaspersky users on whose computers Web Anti-Virus was triggered during the reporting period. The resulting data reflects the aggressiveness of the environment in which computers operate in different countries and territories.

    These rankings only include attacks by malicious objects that belong in the Malware category. Our calculations do not include Web Anti-Virus detections of potentially dangerous or unwanted programs, such as RiskTool or adware.

    Country/territory* %**
    1 North Macedonia 10.17
    2 Albania 9.96
    3 Algeria 9.92
    4 Bangladesh 9.92
    5 Tunisia 9.80
    6 Slovakia 9.77
    7 Greece 9.66
    8 Serbia 9.44
    9 Tajikistan 9.28
    10 Turkey 9.10
    11 Peru 8.78
    12 Portugal 8.70
    13 Nepal 8.38
    14 Philippines 8.33
    15 Romania 8.26
    16 Sri Lanka 8.20
    17 Bulgaria 8.19
    18 Madagascar 8.14
    19 Hungary 8.12
    20 Egypt 8.12

    * Excluded are countries and territories with relatively few (under 10,000) Kaspersky product users.
    ** Unique users targeted by web-based Malware attacks as a percentage of all unique Kaspersky product users in the country/territory.

    On average during the quarter, 6.46% of users’ computers worldwide were subjected to at least one web-based Malware attack.

    Local threats

    Statistics on local infections of user computers are an important indicator. They include objects that penetrated the target computer by infecting files or removable media, or initially made their way onto the computer in non-transparent form. Examples of the latter are programs in complex installers and encrypted files.

    Data in this section is based on analyzing statistics produced by anti-virus scans of files on the hard drive at the moment they were created or accessed, and the results of scanning removable storage media. The statistics are based on detection verdicts from the OAS (on-access scan) and ODS (on-demand scan) modules of File Anti-Virus. The data includes detections of malicious programs located on user computers or removable media connected to the computers, such as flash drives, camera memory cards, phones, or external hard drives.

    In the first quarter of 2025, our File Anti-Virus detected 21,533,464 malicious and potentially unwanted objects.

    Countries and territories where users faced the highest risk of local infection

    For each country and territory, we calculated the percentage of Kaspersky product users on whose computers File Anti-Virus was triggered during the reporting period. These statistics reflect the level of personal computer infection in various countries and territories across the globe.

    The rankings only include attacks by malicious objects that belong in the Malware category. Our calculations do not include File Anti-Virus detections of potentially dangerous or unwanted programs, such as RiskTool or adware.

    Country/territory* %**
    1 Turkmenistan 47.41
    2 Tajikistan 37.23
    3 Afghanistan 36.92
    4 Yemen 35.80
    5 Cuba 32.08
    6 Uzbekistan 31.31
    7 Gabon 27.55
    8 Syria 26.50
    9 Vietnam 25.88
    10 Belarus 25.68
    11 Algeria 25.02
    12 Bangladesh 24.86
    13 Iraq 24.77
    14 Cameroon 24.28
    15 Burundi 24.28
    16 Tanzania 24.23
    17 Niger 24.01
    18 Madagascar 23.74
    19 Kyrgyzstan 23.73
    20 Nicaragua 23.72

    * Excluded are countries and territories with relatively few (under 10,000) Kaspersky product users.
    ** Unique users on whose computers local Malware threats were blocked, as a percentage of all unique users of Kaspersky products in the country/territory.

    On average worldwide, local Malware threats were recorded on 13.62% of users’ computers at least once during the quarter.

    MIL OSI Global Banks –

    June 5, 2025
  • MIL-OSI Security: Man from El Salvador charged with making false statement

    Source: Office of United States Attorneys

    BUFFALO, N.Y. – U.S. Attorney Michael DiGiacomo announced today that Oscar David Contreras Guzman, 49, a citizen of El Salvador, was arrested and charged by criminal complaint with making a false statement, which carries a maximum penalty of five years in prison and a $250,000 fine.

    Assistant U.S. Attorney Sasha Mascarenhas, who is handling the case, stated that according to the complaint, in the early morning hours of May 17, 2025, Guzman was driving a commercial truck bearing Maryland license plates at the Lewiston Bridge Port of Entry. When asked for identification during primary inspection, Guzman presented a Maryland State Driver’s License. He also claimed to be a citizen of Mexico and indicated that he had been refused entry into Canada, after making a wrong turn onto the Lewiston Bridge, on his way to Michigan. Guzman was referred to secondary to determine his immigration status in the United States. During secondary inspection, Guzman again stated that he was a citizen of Mexico and had in his possession a Mexican Consular ID card. A fingerprint check determined that he was in fact Oscar David Contreras Guzman, a citizen of El Salvador, and was previously removed from the United States in April 2007.

    This investigation is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime.

    The complaint is the result of an investigation by Customs and Border Protection, under the direction of Director of Field Operations Rose Brophy.

    The fact that a defendant has been charged with a crime is merely an accusation and the defendant is presumed innocent until and unless proven guilty.   

    # # # #

     

    MIL Security OSI –

    June 5, 2025
  • MIL-OSI Security: Guatemalan man pleads guilty, sentenced for making false statement

    Source: Office of United States Attorneys

    BUFFALO, NY—U.S. Attorney Michael DiGiacomo announced today that Gendry Amilcar Niz-Niz, 25, a native of Guatemala, pleaded guilty to making a false statement before U.S. District Judge John L. Sinatra, Jr. Niz-Niz was then sentenced to time served and turned over to Immigration and Customs Enforcement. 

    Assistant U.S. Attorney Sasha Mascarenhas, who handled the case, stated that on March 16, 2025, during a traffic stop, Niz-Niz provided a name and identification card, which did not match his true identity, to law enforcement. During the traffic stop, law enforcement learned, through fingerprint analysis and immigration checks, Niz-Niz’s identity.

    This investigation is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime.

    The plea and sentencing are the result of an investigation by the Lockport Police Department, under the direction of Chief Steven Abbott and U.S. Border Patrol, under the direction of Patrol Agent-in-Charge Martin B. Coombs.

    # # # #

    MIL Security OSI –

    June 5, 2025
  • MIL-OSI Security: Drug Trafficker Unlawfully Residing in Oregon Sentenced to Federal Prison for Role in Fatal Fentanyl Overdose

    Source: Office of United States Attorneys

    PORTLAND, Ore.— A Portland area drug trafficker was sentenced to federal prison today for his role in distributing illicit fentanyl that resulted in the fatal overdose of a young man in Washington County, Oregon.

    Efrain Roberto Diaz-Rangel, 35, a Mexican national unlawfully residing in Portland, was sentenced to 87 months in federal prison and four years’ supervised release. 

    According to court documents, in April 2023, the Westside Interagency Narcotics Team (WIN) began investigating a suspected fentanyl overdose of the adult male victim in Washington County. In May 2023, WIN requested investigative assistance from Homeland Security Investigations (HSI), the Oregon-Idaho High Intensity Drug Trafficking Area (HIDTA) Interdiction Task Force (HIT), and Portland Police Bureau (PPB).

    Investigators determined that several people were involved in a distribution chain responsible for selling counterfeit Oxycodone pills manufactured with illicit fentanyl. Investigators identified Diaz-Rangel as an originating source of fentanyl in Oregon and learned that he trafficked fentanyl and heroin for a Mexico-based drug dispatcher.

    On June 27, 2023, as part of a controlled buy, HSI special agents arrested Diaz-Rangel. At the time of his arrest, Diaz-Rangel possessed approximately 1,000 counterfeit pills and a small quantity of heroin. Later that day, investigators executed a search warrant on Diaz-Rangel’s residence and located an additional 30,000 counterfeit pills containing fentanyl, four pounds of heroin, and more than $10,000 in cash.

    On June 27, 2023, Diaz-Rangel was charged by criminal complaint with possessing with intent to distribute fentanyl and heroin.

    On March 4, 2025, Diaz-Rangel pleaded guilty to possession with intent to distribute fentanyl.

    This case was jointly investigated by WIN and HSI with assistance from the HIDTA HIT and PPB. It was prosecuted by Scott M. Kerin, Assistant U.S. Attorney for the District of Oregon.

    Fentanyl is a synthetic opioid 80 to 100 times more powerful than morphine and 30 to 50 times more powerful than heroin. A 3-milligram dose of fentanyl—a few grains of the substance—is enough to kill an average adult male. The wide availability of illicit fentanyl in Oregon has caused a dramatic increase in overdose deaths throughout the state.

    If you are in immediate danger, please call 911.

    If you or someone you know suffers from addiction, please call the Lines for Life substance abuse helpline at 1-800-923-4357 or visit www.linesforlife.org. Phone support is available 24 hours a day, seven days a week. You can also text “RecoveryNow” to 839863 between 2pm and 6pm Pacific Time daily.

    MIL Security OSI –

    June 5, 2025
  • MIL-OSI Russia: Israel’s Defense Exports to Hit Record $14.8 Billion in 2024 — Defense Ministry

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    JERUSALEM, June 5 (Xinhua) — Israel’s defense exports in 2024 will reach a record $14.8 billion, up 13 percent from a year earlier, the country’s Defense Ministry said Wednesday.

    According to the department’s statement, about half of the signed contracts exceeded $100 million. Europe was the main partner region, accounting for 54 percent of all transactions.

    Air defense systems accounted for the largest share of exports — 48 percent of the total volume of deliveries /in 2023 — 36 percent/. Satellite and space systems also demonstrated significant growth, with their share increasing from 2 to 8 percent.

    Defense exports have reached new highs for the fourth year in a row, the ministry said. “Over the past five years, the volume of Israeli defense exports has more than doubled,” the statement said.

    The ministry also stressed that since the start of the Israeli operation in the Gaza Strip in October 2023, the country’s defense industry has been in emergency mode: production for the needs of the army has been increased while maintaining commitments to foreign customers. According to the statement, the successful use of Israeli systems in recent conflicts has increased interest in them on the international market.

    Israeli airstrikes have left much of the enclave in ruins and the death toll has risen to more than 54,510, according to Gaza health authorities. –0–

    MIL OSI Russia News –

    June 5, 2025
  • MIL-OSI Russia: International Conference on Northeast Asian Security Issues Opens in Mongolia

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    ULAN BATOR, June 5 (Xinhua) — The 10th Ulan Bator Dialogue on Northeast Asian Security opened here on Thursday.

    Speaking at the opening ceremony, Mongolian Foreign Minister Batmunkhin Battsetseg stressed her country’s unwavering commitment to promoting peace, stability and cooperation in Northeast Asia. “We believe that by strengthening mutual trust and sustained dialogue, we can jointly build a more peaceful and prosperous future for the region,” she said.

    The Ulaanbaatar Dialogue serves as a platform for discussion and exchange of views among various stakeholders, B. Battsetseg said, noting that it offers a neutral and inclusive space for preventive diplomacy, as well as confidence-building measures and the exchange of regional perspectives and local knowledge.

    The dialogue brought together more than 200 participants from 40 countries and territories, including China, Canada, France, Japan, Kazakhstan, Russia, Singapore, the Republic of Korea, Switzerland, Uzbekistan, the United States and the United Kingdom. Representatives of the UN and the EU are also present.

    Participants discuss regional security issues and the development of multilateral cooperation in Northeast Asia from different perspectives, covering the areas of energy and climate change.

    The conference will end on June 6. –0–

    MIL OSI Russia News –

    June 5, 2025
  • MIL-OSI USA: Congressman Harris Releases Statement Following the Appropriations Committee Release of the FY26 Agriculture, Rural Development, FDA Bill

    Source: United States House of Representatives – Congressman Andy Harris (MD-01)

    Washington, D.C. – Today, the House Appropriations Committee released the Fiscal Year 2026 Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Bill. The bill will be considered in subcommittee tomorrow, June 5th at 10:30 a.m. The markup will be live-streamed and can be found on the Committee’s website.

    Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Subcommittee Chairman Andy Harris said, “The Agriculture, Rural Development, Food and Drug Administration Appropriations Bill reflects a clear, conservative commitment to fiscal responsibility while ensuring that America’s farmers, ranchers, and rural communities remain a top priority. This legislation also prioritizes agricultural research, rural broadband expansion, and protects our food and drug supply, all while reducing the wasteful spending of the Biden Administration era. Just as importantly, by supporting fresh, affordable, American-grown food, this bill helps Make America Healthy Again. America’s farmers feed the world, and this bill ensures they have the investment, support, and resources they deserve — while reducing the burgeoning federal deficit.”

    Chairman Tom Cole said, “The prosperity of our future golden age depends on the strength and perseverance of our farmers, ranchers, and rural communities. This FY26 bill delivers targeted investments to protect U.S. agriculture and family farms, bolster agricultural research, and safeguard access to nutrition and health programs. From livestock and crops to pharmaceuticals and broadband, the legislation strengthens the agriculture economy and infrastructure across the nation. Just as our producers responsibly tend to the land, Chairman Harris has stewarded this legislation to protect core duties while upholding fiscal responsibility.”

    The Fiscal Year 2026 Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Bill

    The Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Bill provides a total discretionary allocation of $25.523 billion, which is $1.163 billion (4.2%) below the Fiscal Year 2025 enacted level.

    The bill prioritizes agencies and programs that protect our nation’s food and drug supply; support America’s farmers, ranchers, and rural communities; and ensure low-income Americans have access to nutrition programs. The bill is fiscally responsible and refocuses programs on their core mission while putting the health, safety, and prosperity of American producers and consumers first.
     
    Key Takeaways

    Champions U.S. farmers, agriculture, and rural communities by: 

    • Continuing critical investments in agriculture research, rural broadband, and animal and plant health programs.
    • Providing funds to ensure the safety of food, drugs, and medical devices.
    • Ensuring low-income Americans have access to nutrition programs.
    • Reining in harmful regulations proposed during the Biden Administration that dictate how poultry and livestock producers raise and market their animals.
    • Increasing resources for the Food Safety and Inspection Service to fund frontline meat and poultry inspectors and bolster support for state inspection programs.
    • Providing a rider to block any revised energy standards for newly constructed homes financed by USDA that would increase costs for rural, lower-income households that was proposed during the Biden Administration.

    Supports the Trump Administration and mandate of the American people by: 

    • Allocating the President’s requested total funding of $6.8 billion for the FDA to keep food, drugs, and devices safe and for initiatives to Make America Healthy Again.
    • Delivering $1.15 billion for the Animal and Plant Health Inspection Service, which is a priority in the President’s budget to protect American agriculture from foreign pests and diseases.
    • Codifying President Trump’s executive orders by prohibiting funding for DEI activities and ending federal censorship of free speech.
    • Retaining the gene editing provision, which prohibits the “editing” of heritable genes or altering of genes that can be passed on to offspring.
    • Maintaining “Buy American” provisions that maximize the federal government’s use of services, goods, products, and materials produced and offered in the United States.
    • Closing the hemp loophole that has resulted in the proliferation of unregulated intoxicating hemp products, including Delta-8 and hemp flower, being sold online and in gas stations across the country.

    Bolsters U.S. national security and border protections by: 

    • Addressing foreign ownership of U.S. agricultural land by improving the tracking system of foreign-owned land and adding the Secretary of Agriculture to the Committee on Foreign Investment in the United States to review agricultural transactions, including purchases made by China, Russia, North Korea, and Iran.
    • Directing USDA to provide transparency into research funding spent collaborating with foreign governments including China, Russia, North Korea, and Iran.
    • Continuing a program to increase inspection of foreign drug manufacturing facilities in China and India.
    • Providing adequate funding for land-grant universities to conduct agricultural research to ensure American producers can compete with China.

    Safeguards American taxpayer dollars and preserves core functions by: 

    • Capturing DOGE savings by reducing salaries and expenses where appropriate to account for staffing reductions and reducing grant programs that housed canceled grants.
    • Eliminating funding for the Biden-era Rural Partners Network initiative.
    • Including no funds for climate hubs or climate corps.
    • Eliminating funds for the Office of Urban Agriculture.

    A summary of the bill is available here.
    Bill text is available here.

    For media inquiries, please contact Anna Adamian at Anna.A@mail.house.gov

    MIL OSI USA News –

    June 5, 2025
  • MIL-OSI USA: Graves, Budzinski Introduce Save America’s Rural Hospitals Act

    Source: United States House of Representatives – Congressman Sam Graves (6th District of Missouri)

    WASHINGTON, DC – Congressman Sam Graves (R-MO) and Congresswoman Nikki Budzinski (D-IL) reintroduced the bipartisan Save America’s Rural Hospitals Act to help struggling rural hospitals stay open and continue serving their communities. Rising costs and falling Medicare reimbursement rates have pushed many to the brink—this bill gives them the lifeline they need.

    “Falling Medicare reimbursement rates have been hammering rural hospitals for years,” said Congressman Graves. “In the last 15 years, more than 150 rural hospitals have closed, and hundreds more are at risk. When these hospitals shut down, families lose access to care, good-paying jobs disappear, and entire communities suffer. I’m proud to reintroduce this bipartisan bill to make commonsense reforms, keep rural hospitals open, and ensure folks can get the care they need without having to drive hours to find it.” 

    “Rural hospitals are a lifeline for the folks they serve. But with healthcare costs rising and outdated Medicare repayment rules, many have been forced to close their doors,” said Congresswoman Budzinski. “The Save America’s Rural Hospitals Act offers a real solution to help rural hospitals become more financially solvent so they can continue to serve our communities. I’m proud to introduce this bipartisan legislation with Congressman Graves to make sure that every American can access quality care – no matter where they live.”

    Since 2010, more than 150 rural hospitals across the country have closed their doors—forcing patients to travel further to get the care they need and leaving others to put off necessary healthcare. Today, 453 rural hospitals are currently operating at levels similar to those that have shut down over the last decade.

    The Save America’s Rural Hospitals Act will reverse this dangerous trend by:

    • Eliminating Medicare sequestration for rural hospitals,

    • Making Medicare telehealth service enhancements permanent for Federally Qualified Health Centers and Rural Health Clinics, and

    • Making permanent increased Medicare payments for rural ground ambulance services.

    You can read the bill here.

    You can read highlights of the bill here.

    What They Are Saying:

     “The National Rural Health Association (NRHA) applauds Representatives Graves and Budzinski for introducing the Save America’s Rural Hospitals Act. Since 2010, 190 rural hospitals have closed their doors or stopped providing inpatient care, leaving the majority of those communities without access to care. The provisions in this important legislation will support the rural health infrastructure and ensure that the 60 million Americans who call rural America home will maintain local access to the care they need.” – Alan Morgan, Chief Executive Officer, National Rural Health Association 

    ###

    MIL OSI USA News –

    June 5, 2025
  • MIL-OSI USA: LaMalfa Applauds DOT Report Confirming California High-Speed Rail Has No Path Forward

    Source: United States House of Representatives – Congressman Doug LaMalfa 1st District of California

    Washington, D.C. — Today, Congressman Doug LaMalfa (R-Richvale) applauded the U.S. Department of Transportation’s newly released compliance report confirming that California’s High-Speed Rail project is in default of its federal grant agreements and has no viable path to completion.

    The 315-page report, released by Transportation Secretary Sean Duffy, cites years of mismanagement, missed deadlines, inflated ridership projections, and a staggering $7 billion funding gap just to complete a small segment between Merced and Bakersfield. The full cost of the project has now ballooned to $128 billion. Notably, the Federal Railroad Administration stated it has no confidence CHSRA will ever deliver an operating high-speed rail system and found that the state cannot support the representations it made when applying for Federal funds. In other words, California misled the federal government to secure billions in taxpayer dollars—and still has nothing to show for it.

    “This report confirms what Californians have known for years: this project is a train to nowhere. It was supposed to be done by 2020. Now they’re saying 2030 just to finish a small stretch that costs more than the entire original plan. The price tag has quadrupled to $128 billion, they’re now an incredible $110 billion short, and have only raised about $17 billion after 17 years. They’ve barely built anything. It’s a waste of time, money, and trust—a shining example of government waste. The state has not held up its end of the deal. It’s well past time to shut this down and send the money to real infrastructure projects that can actually be delivered, like water storage that California desperately needs, or road repairs and traffic relief. I appreciate Secretary Duffy’s leadership in holding the line for taxpayers. It’s long past time for accountability,” said Rep. LaMalfa.

    Congressman LaMalfa joined Secretary Duffy earlier this year at a press conference calling attention to the project’s mounting failures and urging a full federal review. The report issued today by the Federal Railroad Administration makes clear that the California High-Speed Rail Authority has failed to meet its basic obligations under the $4 billion in federal grant funding it received.

    The DOT has given the state until mid-July to respond before the administration moves to terminate the grants. You can find a full copy of the letter and report, here.

    Congressman Doug LaMalfa is Chairman of the Congressional Western Caucus and a lifelong farmer representing California’s First Congressional District, including Butte, Colusa, Glenn, Lassen, Modoc, Shasta, Siskiyou, Sutter, Tehama and Yuba Counties.

    ###

    MIL OSI USA News –

    June 5, 2025
  • MIL-OSI United Kingdom: UK and ASEAN launch CLARE-ASEAN to boost inclusive urban climate resilience

    Source: United Kingdom – Executive Government & Departments

    World news story

    UK and ASEAN launch CLARE-ASEAN to boost inclusive urban climate resilience

    The programme will run through 2026, focusing on co-developing solutions with marginalised communities and supporting ASEAN climate policy efforts.

    The UK and ASEAN launched the Supporting Socially Inclusive Climate Adaptation & Resilience in ASEAN (CLARE-ASEAN) initiative on 4 June 2025 in Jakarta. The programme uses new evidence and innovation to promote socially-inclusive urban resilience to climate change in the Southeast Asia region.

    The CLARE-ASEAN is a regional programme under the UK’s flagship Climate Adaptation and Resilience (CLARE) research framework, funded about 90% by the UK Foreign, Commonwealth & Development Office (FCDO) and co-funded by Canada’s International Development Research Centre (IDRC). The initiative will run through 2026 and aims to generate evidence-based, inclusive solutions to climate challenges in Southeast Asian cities.

    The UK Ambassador to ASEAN, Sarah Tiffin, said:

    Climate resilience is a pivotal investment for Southeast Asia’s future. The UK’s support through CLARE-ASEAN aims to help ASEAN Member States tackle climate risks at scale—by strengthening partnerships among researchers, policymakers, and local communities.

    CLARE-ASEAN will focus on co-developing climate solutions with marginalised communities, producing tailored research and policy briefs to support ASEAN decision-making, and contributing to the forthcoming IPCC Special Report on Climate Change and Cities.

    The programme is closely aligned with the ASEAN Working Group on Climate Change (AWGCC) Action Plan and responds to the ASEAN State of Climate Change Report, which identifies urban areas—home to more than half of the region’s population—as a critical sector for adaptation efforts.

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    Published 5 June 2025

    MIL OSI United Kingdom –

    June 5, 2025
  • MIL-OSI: Toobit Launches Zero-Fee Trading for All USDC Spot Pairs

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Islands, June 05, 2025 (GLOBE NEWSWIRE) — Toobit, an award-winning global digital asset trading exchange, is launching a limited-time Zero-Fee Trading for all USDC spot trading pairs, beginning June 5, 2025, at 8:00 (UTC). During this event, all users can enjoy 0% maker and taker fees, helping them maximize profitability by eliminating transaction costs.

    This exclusive promotion applies to all currently available USDC spot pairs on the Toobit platform, including BTC/USDC, ETH/USDC, SOL/USDC, DOGE/USDC, TRX/USDC, and TON/USDC. The initiative is part of Toobit’s ongoing efforts to make digital asset trading more accessible, cost-efficient, and user-friendly.

    “We’re continuously looking for ways to improve our users’ trading experience and provide them with a rewarding trading environment,” said Mike Williams, Chief Communication Officer at Toobit. “This zero-fee event is designed to give traders greater flexibility while optimizing their returns.”

    In spot trading, maker and taker fees are the standard costs users pay to execute trades on an exchange. A maker adds liquidity to the market by placing a limit order that isn’t immediately filled, while a taker removes liquidity by matching with an existing order. Most exchanges charge separate fees for each, but during this event on Toobit, both types of trades will incur zero fees.

    Removing these fees means a greater portion of each trade goes directly to the user, supporting more efficient strategies, especially for high-frequency traders and those trading at volume.

    Toobit invites traders of all experience levels to take advantage of this opportunity to maximize their returns with zero transaction costs on one of the most stable cryptoasset exchanges in the market.

    For more information, visit www.toobit.com.

    About Toobit

    Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what’s next.

    For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

    Contact: Davin C.

    Email: market@toobit.com

    Website: www.toobit.com

    Disclaimer: This is a paid post and is provided by Toobit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2bb0a47e-db2b-4e63-8177-2ad7330dbb35

    The MIL Network –

    June 5, 2025
  • MIL-OSI Russia: D. Trump signed a document banning entry from 12 countries

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    LOS ANGELES, June 5 (Xinhua) — U.S. President Donald Trump on Wednesday evening signed a proclamation banning travel from 12 countries on national security grounds.

    The White House said the document completely bans entry for citizens of Afghanistan, Haiti, Iran, Yemen, Libya, Myanmar, the Republic of Congo, Somalia, Sudan, Chad, Equatorial Guinea and Eritrea. These countries were found to be “deficient in their background checks and determined to pose a very high risk to the United States,” the statement said.

    In addition, the decree partially restricts entry for citizens of seven countries: Burundi, Venezuela, Cuba, Laos, Sierra Leone, Togo and Turkmenistan.

    The ban is set to come into effect on June 9 at 00:01.

    “The restrictions imposed by this proclamation are necessary to secure the cooperation of foreign governments, enforce our immigration laws, and advance other important foreign policy, national security, and counterterrorism goals,” the White House said.

    The ban does not apply to lawful permanent residents of the United States, holders of valid visas, recipients of certain categories of visas, or persons whose entry is in the national interest of the United States. –0–

    MIL OSI Russia News –

    June 5, 2025
  • MIL-OSI: Capgemini becomes an Official Partner of the Tour de France and Tour de France Femmes avec Zwift until 2029 to power cycling through tech and innovation

    Source: GlobeNewswire (MIL-OSI)

    Capgemini becomes an Official Partner of the Tour de France
    and Tour de France Femmes avec Zwift until 2029
    to power cycling through tech and innovation

    The new partnership encompasses 14 international cycling events including La Vuelta, Paris-Roubaix and Liège-Bastogne-Liège races, as well as five standalone women’s races

    Paris, June 5, 2025 – Capgemini announced today that it has become the Official Technology Partner, for the next 5 years, of 14 cycling races, including the world renowned Tour de France, to help drive innovation in professional cycling. Together, they will leverage technology, innovation and artificial intelligence (AI) to grow the cycling community, engage fans all over the world and bring cycling into people’s lives.

    This agreement, that goes beyond the Tour de France and the Tour de France Femmes avec Zwift, will see Capgemini support a series of international cycling events, that include both men’s races – such as La Vuelta, Paris-Nice, Critérium du Dauphiné, Paris-Roubaix, Paris-Tours, La Flèche Wallonne, Liège-Bastogne-Liège, the Tro Bro Leon, and the women’s races of La Vuelta Femenina by Carrefour.es, Paris-Roubaix Femmes avec Zwift, La Flèche Wallonne Femmes, Liège-Bastogne-Liège Femmes.

    As part of this new global long-term partnership, Capgemini is the Official Technology Partner of each of these events, bringing its deep expertise in digital innovation, technology and AI into the professional cycling field. Over the next five years, Capgemini will support these top cycling events in realizing their technology roadmap, delivering cutting-edge technological solutions aimed at enhancing performance insights, supporting international audiences and engaging fans, from casual enthusiasts to amateur cyclists. In 2024, the Tour de France reached more than 1 billion TV viewed hours in 190 countries and broke digital records with nearly 100 million website visits and 1.6 billion impressions on social media.

    With this partnership, Capgemini extends its sports sponsorship portfolio that focuses on bringing the breadth of the Group’s capabilities to enhance leading global events with technological innovation, high performance and team spirit at the heart. As a global company based in 50 countries, with well-established operations across regions that have a strong cycling fanbase such as Germany, France, Italy, Spain, the Netherlands, UK, and USA, Capgemini will promote the fourteen cycling races internationally.

    “At Capgemini, we are proud to partner with 14 iconic global sports competitions including the world-famous Tour de France and Tour de France Femmes avec Zwift. Each embody the driving principles of precision, endurance, high performance and teamwork – attributes that we, at Capgemini, live by every day,” said Aiman Ezzat, Chief Executive Officer of Capgemini. “This partnership reflects our commitment to bringing the Group’s breadth of expertise and capabilities to enhance the future of sport through cutting-edge innovation, data-led insights and an augmented fan experience.”

    “We are very proud to launch this long-term partnership with Capgemini, leader in technology and innovation. This strategic partnership will help to promote and accelerate our digital ambitions for the Tour de France and all A.S.O. Cycling events around the world. New digital solutions will help to further enhance the Fan experience and engage new communities with innovative and upgraded features and services,” says Yann Le Moënner, A.S.O. Managing Director.

    Transforming sport through technology and innovation
    The partnership builds on Capgemini’s already strong track record in adding value to the fan experience and sporting performance through its portfolio of sports sponsorships.

    • In 2024, for the 37th America’s Cup, Capgemini and America’s Cup Media revealed the breakthrough WindSight IQTM technology in Barcelona. Through a combination of technology, engineering, data, and design, Capgemini developed a LiDAR-based sensor system that made the yacht racing more understandable and engaging for viewers. The solution enabled the viewers to visualize the wind and model potential race results, enhancing the fan experience.
    • This year, Capgemini is a Principal Partner of Women’s Rugby World Cup 2025, set to kick off in the UK in August. Since 2022, the Group has played a pivotal role in advancing inclusivity in the sport as a Global Partner of the Women in Rugby initiative and enabling the Capgemini Women in Rugby Leadership Programme, to support a new generation of female leaders in rugby.
    • For the 2025 Ryder Cup in September, Capgemini will bring a generative AI powered version of its Outcome IQ, a tool that puts the intelligence of real-time data in the palm of every fan’s hand, helping to enhance the fan experience by tracking outcome probabilities shot by shot. Capgemini is Worldwide Partner to the Ryder Cup up until and including the 2027 Ryder Cup in County Limerick, Ireland.

    About Capgemini
    Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.
    Get The Future You Want | www.capgemini.com

    Attachment

    • 06_05_Capgemini_becomes_official_partner_of_the_Tour_de_France

    The MIL Network –

    June 5, 2025
  • MIL-OSI Economics: Samsung Expands Global Availability of Sleep Apnea Feature on Galaxy Watch Series

    Source: Samsung

    Samsung Electronics announced today that the Sleep Apnea feature1 on the Galaxy Watch series — available through the Samsung Health Monitor app2 — is expanding to 34 European markets,3 as well as Australia and Singapore, bringing the global total to 70 markets.4
     
    This growth follows the feature’s receipt of CE (Conformité Européenne or European Conformity) marking for the European Economic Area. The CE marking affirms that Samsung meets the European Union’s health, safety and environmental protection standards, reinforcing its leadership in sleep technology. Additionally, the feature was recently approved by Australia’s Therapeutic Goods Administration and Singapore’s Health Sciences Authority.
     
    The milestone builds on Samsung’s groundbreaking De Novo authorization from the U.S. Food and Drug Administration (FDA) — the first of its kind for a wearable device to detect signs of moderate to severe obstructive sleep apnea.5 The Sleep Apnea feature was also approved by Korea’s Ministry of Food and Drug Safety, Brazil’s health regulatory agency ANVISA and Health Canada.
     
    Recognizing the critical role of sleep in overall health, Samsung is committed to helping users improve sleep quality by understanding their sleep patterns, providing personalized sleep coaching and optimizing their sleep environments. With the Sleep Apnea feature, more users can now detect symptoms6 earlier — helping to prevent health issues associated with this common yet often undiagnosed condition.
     
    The Sleep Apnea feature reflects Samsung’s ongoing commitment to providing users with meaningful insights to support healthy sleep habits. By expanding access to this FDA-authorized feature globally, Samsung is empowering users worldwide to take proactive steps toward better sleep health.
     

     
     
    1 The Sleep Apnea feature is an over-the-counter (OTC), software-only mobile medical application operating on compatible Galaxy Watch series models and Galaxy smartphones. It is intended to detect signs of moderate to severe obstructive sleep apnea in the form of significant breathing disruptions in adult users age 22 and older over a two-night monitoring period. The feature is designed for on-demand use and is not intended for individuals previously diagnosed with sleep apnea. Users should not rely on this feature as a substitute for professional diagnosis or treatment by a qualified healthcare provider. The data provided by this device is also not intended to assist clinicians in diagnosing sleep disorders.
    2 Availability may vary by market, carrier, model or paired smartphone. The feature is available on Galaxy Watch4 series and later models running Wear OS 5.0 or later and must be paired with a Galaxy smartphone running Android 12.0 or later. Due to regulatory restrictions in obtaining approval and registration as a Software as a Medical Device (SaMD), the feature only works on supported Galaxy Watch series models and Galaxy smartphones purchased in markets where the service is currently available. Service may be restricted when users travel to unsupported markets.
    3 Availability may vary depending on country-specific registration in some European markets.
    4 Supported markets include Australia, Austria, Azerbaijan, Bahrain, Belgium, Bolivia, Brazil, Bulgaria, Canada, Chile, Christmas Island, Cocos (Keeling) Islands, Croatia, Cyprus, Czech Republic, Denmark, Dominican Republic, Ecuador, Egypt, El Salvador, Estonia, Faroe Islands, Finland, France, Georgia, Germany, Greece, Guatemala, Hong Kong, Hungary, Iceland, Ireland, Italy, Kuwait, Latvia, Lithuania, Luxembourg, Malta, Mauritius, Mayotte, Mexico, Netherlands, Nicaragua, Norfolk Island, Norway, Oman, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Réunion, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, United Arab Emirates, United Kingdom, United States, Venezuela, Vietnam and Yemen.
    5 Considered a common yet serious medical condition, sleep apnea causes someone to stop breathing while asleep, which can result in disruptions in oxygen supply, lower sleep quality, and other health complications such as hypertension, cardiac disorder, stroke or cognitive disorder.
    6 The Sleep Apnea feature utilizes the BioActive Sensor to measure blood oxygen saturation (SpO₂) during sleep. It analyzes changes in SpO₂ levels related to apnea and hypopnea patterns and estimates the Apnea-Hypopnea Index to inform users of potential symptoms.

    MIL OSI Economics –

    June 5, 2025
  • MIL-OSI USA: Congressman García’s Statement on Federal Agents Activity in Pilsen

    Source: United States House of Representatives – Representative Jesús Chuy García (IL-04)

    WASHINGTON, D.C. —Congressman Jesús “Chuy” García (IL-04)  issued the following statement about federal agents activity in his district: 

    “I have been in contact with Ald. Byron Sigcho-Lopez and local stakeholders to offer assistance and get more information about what happened yesterday in Pilsen, when federal agents took two Mexican nationals into custody. Local grassroots organizations responded to provide support, and they are trying to get more information about the two individuals. While we do not know if the agents  presented any warrants before detaining them, any apprehension without due process, including no warrants, is unfair and illegal. Chicago is a sanctuary city, and in Illinois, the Trust Act prohibits State or local law enforcement’s participation in federal immigration enforcement. My staff and I will continue in communication with advocacy organizations and local elected officials as this case develops.”

    # # #
     

    MIL OSI USA News –

    June 5, 2025
  • MIL-OSI USA: Moolenaar: Michigan Arrest Highlights CCP Threat to Our Food Supply and Our Universities

    Source: United States House of Representatives – Congressman John Moolenaar (4th District of Michigan)

    Headline: Moolenaar: Michigan Arrest Highlights CCP Threat to Our Food Supply and Our Universities

    Today, the Justice Department announced it is charging two Chinese nationals with attempting to smuggle a dangerous plant disease into the United States. The charges were brought against Yunqing Jian, a researcher at the University of Michigan and member of the Chinese Communist Party, and her boyfriend, Zunyong Liu, who is employed by a Chinese university. Congressman John Moolenaar released the following statement in response to the announcement.  

    “The criminal charges unsealed in federal court show loyal members of the Chinese Communist Party were planning to experiment on a plant disease that would devastate Michigan agriculture and the food supply our nation depends on. This case should be fully prosecuted as a threat against our country. This is only further proof that American universities must be more vigilant when it comes to research security and the participation of Chinese nationals in these institutions,” said Moolenaar. 

    The criminal complaint alleges that Liu lied to investigators last year while attempting to bring a fungus known as Fusarium graminearum through the Detroit Metropolitan Airport. According to the academic journal “Food Security” the fungus is classified as a potential agroterrorism weapon. The fungus causes blight in a variety of field crops and is responsible for crop damage around the world. It also produces toxins damaging to the health of humans and livestock.  

    MIL OSI USA News –

    June 5, 2025
  • MIL-OSI: The last day of trading in unit rights in Terranet’s rights issue

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

    Today, June 5, 2025, is the last day of trading in unit rights issued in connection with Terranet AB’s (“Terranet” or the “Company”) rights issue of units which the Board of Directors resolved on April 16, 2025, and was approved by the annual general meeting on May 23, 2025 (the “Rights Issue”). Unit rights that are not sold or used for subscription will expire worthless.

    Summary of the Rights Issue:

    • The Rights Issue comprises a maximum of 13,880,714 units. One unit in the Rights Issue consists of twelve (12) B-shares and three (3) warrants of series TO9 B. The warrants are issued free of charge.
    • The subscription price per unit in the Rights Issue is SEK 1.08 per unit, corresponding to SEK 0.09 per B-share. Upon full subscription, the Rights Issue will provide Terranet with approximately SEK 15 million before deduction of issue costs.
    • The right to subscribe for units in the Rights Issue shall, with preferential rights, be granted to shareholders in proportion to the number of shares they already own, where one (1) existing share entitles the holder to one (1) unit right, and eighty-six (86) unit rights entitle the holder to subscribe for one (1) unit.
    • The last day of trading in Terranet’s B-shares including the right to receive unit rights in the Rights Issue was April 25, 2025. The B-shares will be traded excluding the right to receive unit rights from April 28, 2025.
    • The subscription period for the Rights Issue runs from May 27, 2025, up to and including June 11, 2025.
    • The Rights Issue is covered by subscription commitments of approximately SEK 35.2 thousand, corresponding to 0.2 percent of the Rights Issue, and underwriting commitments of approximately SEK 15 million, corresponding to approximately 99.8 percent of the Rights Issue. Thus, the Rights Issue is covered to 100 percent by subscription commitments and underwriting commitments.

    Preliminary timetable for the Rights Issue

    May 27, 2025 – June 5, 2025 Trading in unit rights
    May 27, 2025 – June 11, 2025 Subscripition period
    May 27, 2025 – June 30, 2025 Trading in paid subscribed units (BTU)
    June 13, 2025 Preliminary date for publication of the outcome in the Rights Issue

    Advisers
    Mangold Fondkommission AB is the financial advisor to Terranet in connection with the Rights Issue. Eversheds Sutherland Advokatbyrå AB is the legal advisor to the Company in connection with the Rights Issue.

    For more information, please contact:
    Dan Wahrenberg, CFO
    E-mail: dan.wahrenberg@terranet.se

    About Terranet AB (publ) 

    Terranet’s goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today.
    The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B).

    Follow our journey at: www.terranet.se

    Certified Adviser to Terranet is Mangold Fondkommission AB.

    Important information
    The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Terranet in any jurisdiction, neither from Terranet nor anyone else.

    This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, the United States or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations.

    Attachment

    • Press release – Last day for trading UR

    The MIL Network –

    June 5, 2025
  • MIL-OSI USA: Senators Marshall and Moran Introduce Resolution Honoring the Life of Sarah Milgrim

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall

    Washington – U.S. Senators Roger Marshall, M.D. (R-Kansas) and Jerry Moran (R-Kansas) introduced a resolution today honoring the life of Sarah Milgrim, an Overland Park native, and her soon-to-be-fiancé, Yaron Lischinsky, who were brutally murdered outside the Capital Jewish Museum in Washington, DC, on May 21, 2025.
    “At just 26 years old, Sarah Milgrim’s impact on our country and her community was profound,” said Senator Marshall. “An Overland Park native, she was a talented musician and chorus singer, deeply devoted to her faith, exceptionally intelligent, and selflessly committed to the well-being of others. Sarah and her soon-to-be fiancé, Yaron Lischinsky, were victims of an unspeakable murder in Washington, DC. While we can never remove the pain of this loss, I hope that this resolution stands as a lasting tribute to Sarah’s remarkable life, her enduring legacy, and the light she brought to all who knew her.”
    “The loss of Kansan Sarah Milgrim and her soon-to-be fiancé, Yaron Lischinsky, to a sickening act of antisemitic violence is a tragedy that should never have happened,” said Senator Moran. “This violence and hatred must end. I join Kansans and the Jewish community in mourning the loss of these two young people, honoring their memories and reaffirming my unwavering support for all our Jewish friends and neighbors.”
    Background:

    On May 21, 2025, Sarah Milgrim and her soon-to-be-fiancé, Yaron Lischinsky, were brutally murdered by a pro-Palestinian terrorist outside the Capital Jewish Museum as they left the American Jewish Committee’s ACCESS Young Diplomats Reception in Washington, DC, an event to foster unity and celebrate Jewish heritage.
    Sarah and Yaron both worked out of the Israeli Embassy in Washington, DC, where they met and fell in love.
    Sarah, a Kansas-native, earned degrees from the University of Kansas and American University.
    Sarah began working as the Director of Civil Society Affairs at the Embassy of Israel in 2023.

    To read the full text of the resolution, click here.

    MIL OSI USA News –

    June 5, 2025
  • MIL-OSI USA: SPC Jun 5, 2025 0600 UTC Day 2 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

    SPC AC 050551

    Day 2 Convective Outlook
    NWS Storm Prediction Center Norman OK
    1251 AM CDT Thu Jun 05 2025

    Valid 061200Z – 071200Z

    …THERE IS A SLIGHT RISK OF SEVERE THUNDERSTORMS FROM THE SOUTHERN
    HIGH PLAINS TO THE TN/LOWER OH VALLEYS…

    …SUMMARY…
    Scattered severe thunderstorms are expected from the southern High
    Plains to the Tennessee and Lower Ohio Valleys on Friday into Friday
    night. Damaging winds and a couple tornadoes are the main hazards.
    Large to very large hail is possible over the southern High Plains.

    …Southern Great/High Plains…
    A large MCS will likely be ongoing at 12Z Friday from the Ozark
    Plateau to the OK/TX Red River Valley. Large-scale outflow will
    trail in the wake of this MCS and modify to the north of it as
    diurnal heating ensues. Along and south of the boundary, a confined
    plume of moderate to large buoyancy is expected by late afternoon
    with MLCAPE of 2000-3000 J/kg. North of it, more modest values are
    anticipated between the outflow and a quasi-stationary front.
    Scattered thunderstorms will once again develop along and to the
    cool side of the front over the Raton Mesa into south-central CO,
    with more isolated expected southward along the dryline to the
    Trans-Pecos. A belt of enhanced mid-level westerlies, with
    strengthening of upper-level flow, is anticipated south of a
    shortwave impulse moving into the central High to Great Plains
    through Friday night. This setup should yield favorable hodograph
    elongation for a sustained, long-lived supercell or two evolving
    southeastward from southeast CO. While buoyancy will be more muted,
    it should be sufficient for a significant severe hail and brief
    tornado threat. A few supercells farther south may have a tendency
    to be more outflow-dominant per various CAM depictions, but will
    likewise contain sig-severe hail potential as well.

    The Raton Mesa vicinity convection should grow upscale into another
    MCS Friday night as storm-scale outflows consolidate and with
    strengthening of the southern High Plains low-level jet. Most
    guidance indicates a somewhat delayed/slightly weaker jet than on
    D1. This coupled with signals for negative low-level theta-e
    advection overnight, given the confined plume of rich low-level
    moisture along the prior outflow boundary, lowers confidence in
    highlighting greater coverage of both severe and sig severe wind
    with the MCS as it likely tracks into/across OK.

    …Mid-South to the TN/Lower OH Valleys…
    A large MCS will likely be ongoing at 12Z Friday from the Ozark
    Plateau to the OK/TX Red River Valley. This MCS should weaken
    somewhat in the late morning, but then intensify by midday and
    persist through the afternoon. A moderately unstable airmass will
    develop ahead of it from the Deep South into at least southern KY
    with MLCAPE of 1500-2500 J/kg common. Deep-layer shear should remain
    modest with southern extent, where multicell clusters will dominate.
    Closer to the parent MCV, enhanced 700-mb westerlies will be present
    and should compensate for weaker destabilization. While isolated
    severe hail is possible, mainly within renewed updrafts along the
    large-scale outflow and redevelopment on the backside of the MCV,
    scattered damaging wind swaths should be the main hazard from KY to
    northern parts of MS/AL/GA.

    ..Grams.. 06/05/2025

    CLICK TO GET WUUS02 PTSDY2 PRODUCT

    NOTE: THE NEXT DAY 2 OUTLOOK IS SCHEDULED BY 1730Z

    MIL OSI USA News –

    June 5, 2025
  • MIL-OSI USA: SPC Jun 5, 2025 0600 UTC Day 1 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

    SPC AC 050547

    Day 1 Convective Outlook
    NWS Storm Prediction Center Norman OK
    1247 AM CDT Thu Jun 05 2025

    Valid 051200Z – 061200Z

    …THERE IS A SLIGHT RISK OF SEVERE THUNDERSTORMS ACROSS PORTIONS OF
    THE CENTRAL AND SOUTHERN PLAINS…

    …SUMMARY…
    Scattered severe thunderstorms are expected across the High Plains
    from southwestern Kansas into west Texas. A few tornadoes, large to
    isolated very large hail, and severe gusts are possible.

    …Central/Southern High Plains…

    Large-scale pattern is not forecast to change appreciably during the
    day1 period as broad upper ridging holds across northeast Mexico
    into the lower MS Valley. Along the northern periphery of this
    feature, a few weak disturbances are forecast to translate across
    the southwestern U.S. into the southern/central High Plains region.
    Each of these features should encourage potentially robust, deep
    convection.

    Early this morning, a notable MCS has evolved over the TX Panhandle.
    This complex has been partly aided by a low-amplitude short-wave
    trough that will translate into eastern KS/OK later today. While
    this convection is currently well-organized, with time this activity
    should gradually weaken downstream over western OK/northwest TX. Of
    potential concern will be the influence on boundary-layer stability
    and the position of convective outflow boundaries. If the MCS
    continues as currently anticipated, a possible demarcation in
    buoyancy may extend across the TX South Plains into far eastern NM
    by peak heating. Remnant outflow will likely serve as the focus for
    robust convection later this afternoon as temperatures warm into the
    mid 80s-lower 90s, west and south of the outflow. Forecast soundings
    along this corridor exhibit strong deep-layer shear and substantial
    0-3km SRH. Supercells should develop across the southern High Plains
    and very large hail may accompany these robust updrafts.
    Additionally, profiles appear favorable for tornadoes, especially if
    the aforementioned convective outflow maintains some identity.

    A secondary area of potential convective concentration will be
    across southeast CO into southwest KS. Models suggest strong
    boundary-layer heating will develop across northeast NM into the
    western OK Panhandle, just south of a secondary weak frontal zone
    that should drape itself across this region. Supercells should
    easily develop along this boundary then possibly grow upscale into a
    larger complex of storms as it spreads downstream along the KS/OK
    border after sunset. All hazards are possible with this activity,
    but any tornado threat will likely be concentrated with more
    isolated supercells early in the convective evolution.

    …Elsewhere…

    High-PW plume currently stretches across the lower MS Valley-OH
    Valley-lower Great Lakes-southeast Canada. Scattered convection will
    readily develop along this corridor, juxtaposed along a weak frontal
    zone. Poor lapse rates should limit updraft strength, but some risk
    for an isolated severe wind gust does exist.

    ..Darrow/Wendt.. 06/05/2025

    CLICK TO GET WUUS01 PTSDY1 PRODUCT

    NOTE: THE NEXT DAY 1 OUTLOOK IS SCHEDULED BY 1300Z

    MIL OSI USA News –

    June 5, 2025
  • MIL-OSI USA: SPC – No MDs are in effect as of Thu Jun 5 06:16:02 UTC 2025

    Source: US National Oceanic and Atmospheric Administration

    Current Mesoscale DiscussionsUpdated:  Thu Jun 5 06:16:02 UTC 2025 No Mesoscale Discussions are currently in effect.

    Notice:  The responsibility for Heavy Rain Mesoscale Discussions has been transferred to the Weather Prediction Center (WPC) on April 9, 2013. Click here for the Service Change Notice.
    Archived Convective ProductsTo view convective products for a previous day, type in the date you wish to retrieve (e.g. 20040529 for May 29, 2004). Data available since January 1, 2004.

    MIL OSI USA News –

    June 5, 2025
  • MIL-OSI USA: SPC – No watches are valid as of Thu Jun 5 06:16:02 UTC 2025

    Source: US National Oceanic and Atmospheric Administration

    Current Convective Watches (View What is a Watch? clip)Updated:  Thu Jun 5 06:16:06 UTC 2025 No watches are currently valid

    Archived Convective ProductsTo view convective products for a previous day, type in the date you wish to retrieve (e.g. 20040529 for May 29, 2004). Data available since January 1, 2004.

    MIL OSI USA News –

    June 5, 2025
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