Category: Americas

  • MIL-OSI: 180 Degree Capital Corp. Issues Q1 2025 Shareholder Letter

    Source: GlobeNewswire (MIL-OSI)

    MONTCLAIR, N.J., May 19, 2025 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ:TURN) today issued the following Q1 2025 Shareholder Letter:

    Fellow Shareholders,

    As discussed in our press release issued on April 14, 2025, we ended the first quarter of 2025 with a net asset value per share (“NAV”) of $4.42. We are pleased with our performance in Q1 2025, that we believe favorably positions 180 Degree Capital as we continue to make progress on the steps required to complete our proposed Business Combination with Mount Logan Capital Inc. (“Mount Logan”). For those of you who may not have had a chance to listen to our joint call with the team from Mount Logan or to review the presentation deck that summarizes the proposed transaction, both can be found at https://ir.180degreecapital.com/ir-calendar/detail/2908/180-degree-capital-and-mount-logan-capital-proposed-merger. Our excitement for the potential of this transaction to create value for our shareholders has only grown since we announced this proposed Business Combination and conducted this joint call.

    We noted in a press release issued on May 7, 2025, that we filed an amended preliminary joint proxy statement/prospectus on Schedule 14A with the Securities and Exchange Commission (“SEC”) regarding our proposed Business Combination with Mount Logan includes Mount Logan’s financial statements which were prepared in accordance with accounting principles generally accepted in the US, or US GAAP. The conversion of Mount Logan’s financial statements from International Financial Reporting Standards, or IFRS, to US GAAP is an important milestone as now we are in a position to be able to speak freely with current and potential investors regarding historical financial performance and apples-to-apples comparisons of Mount Logan to its publicly traded peers. This conversion to US GAAP also resulted in favorable improvements in historical financial metrics, including an increase in Mount Logan’s reported fee-related earnings in 2024 under IFRS to approximately $9.1 million under US GAAP, and an increase in the reported shareholder equity value of Mount Logan as of December 31, 2024, under IFRS to approximately $104.1 million under US GAAP.

    We believe that the availability of Mount Logan’s US GAAP financial statements will add to the strong indications of support we have received from initial conversations with our shareholders following the filing of our initial joint proxy statement/prospectus in late March 2025. We believe our investors who have signed voting agreements and/or provided indications of support already understood the potential that we believe exists to create significant value for shareholders of 180 Degree Capital through this Business Combination even before Mount Logan’s US GAAP financial statements were available. We appreciate all of this support and patience as we move steadily through the SEC review process, toward the start of soliciting votes, and the ultimate goal of the completion of our proposed Business Combination.

    As mentioned earlier, our belief about the potential of our proposed Business Combination to create significant shareholder value for 180 Degree Capital shareholders has only grown stronger since our initial announcement in January 2025. This belief is amplified by numerous significant shareholders who have voiced their support for our proposed Business Combination to us, as well as new shareholders who were drawn to invest in 180 Degree Capital based on what we believe to be a shared view that our proposed Business Combination is a unique opportunity for future value creation. We continue to believe that converting to an operating company will make 180 Degree Capital’s net asset value a floor for our stock price rather than the ceiling as it is for most closed-end funds. The pro forma combination of our businesses, based on 180 Degree Capital’s net asset value and Mount Logan’s equity value, respectively as of December 31, 2024, less estimated merger-related expenses and other estimated adjustments, yields a combined entity with an estimated shareholder equity value of nearly $140 million. While the ultimate ratio of ownership between 180 Degree Capital and Mount Logan shareholders will be based on 180 Degree Capital’s net asset value at closing of the Business Combination, if the transaction closed on December 31, 2024, the portion of this equity value ascribed to 180 Degree Capital shareholders would equate to more than 180 Degree Capital’s net asset value as of that date. This fact is only one of the multitude of reasons we are so excited about this proposed transaction and its potential opportunity to create meaningful value for 180 Degree Capital’s shareholders.

    To remind everyone of our original views and comments included in our Q4 2024 Shareholder Letter issued on February 14, 2025, Mount Logan has the following attributes that we believe will provide value to 180 Degree Capital shareholders:

    • Mount Logan has what we believe to be an outstanding management team comprised of its CEO, Ted Goldthorpe, its Co-Presidents, Matthias Ederer and Henry Wang, and its CFO, Nikita Klassen;
    • Mount Logan’s asset management platform has approximately $2.4+ billion of assets under management (as of September 30, 2024) that we believe generates predictable fee revenue that can be used to benefit the growth of the combined company and its shareholders;
    • Mount Logan has operational leverage and unique investment access through its association with BC Partners, a leading global private equity and credit firm;
    • Mount Logan is focused on what we believe is the fast-growing market of private credit;
    • We believe that Mount Logan remains undiscovered by the majority of investors due to it being listed on the Cboe Canada exchange rather than a US national exchange; and
    • We believe Mount Logan is significantly undervalued by public market investors.

    For 35 years, I have been a value investor attempting to uncover great companies that I believe are trading below their intrinsic value. As we spent more time with Ted and his colleagues over the past 10 months, it became abundantly clear to us that: 1) we believe Mount Logan is one of these great undiscovered and undervalued companies and 2) the combination of our two companies has the potential to unlock substantial value for 180 Degree Capital shareholders by:

    1. Providing a path to a combined entity that, based on combined shareholder equity as of December 31, 2024, and an estimated distribution of ownership as of the date of the announcement of the Business Combination, would result in 180 Degree Capital shareholder’s portion of the combined shareholder equity being higher than our NAV as of the date of signing of the definitive agreement on January 16, 2025, and as of March 31, 2025.

      For those of our investors who feel more comfortable assessing value based on net asset value/book value, we note that publicly traded comparable companies to what would be our combined company often trade at multiples of book value rather than discounts. For those investors who are comfortable or more interested in valuing based on operating company metrics, we believe the valuation of our combined business will be based on a multiple of fee-related revenues attributed to earnings from the management of permanent and semi-permanent capital vehicles. Other similar businesses commonly trade at significantly higher multiples of operating metrics than the multiple implied by the value of Mount Logan set by the terms of our proposed Business Combination.

    2. Changing to an asset-light operating company that leverages an association with BC Partners enables economies of scale that are not possible at 180 Degree Capital’s current size; and
    3. Substantially increasing the available capital for us to be able to leverage our relationships with small and microcapitalization public companies, to develop capital structure solutions that seek to unlock value and generate favorable risk-adjusted returns.

    As the table below shows, we believe our shareholders have benefited from our ability to generate positive returns on our investments since we took over management of 180 Degree Capital. These returns were offset by material declines in the legacy private portfolio that we inherited.

    Public Portfolio
    Contribution to Change in NAV
    (Q4 2016-Q1 2025)
    Legacy Private Portfolio
    Contribution to Change in NAV
    (Q4 2016-Q1 2025)
    +$3.35/share -$2.41/share
      TURN Public Portfolio Gross Total (Excluding SMA Carried Interest) TURN Public Portfolio Gross Total (Including SMA Carried Interest) Change in NAV Change in Stock Price Russell Microcap Index Lipper Peer Group Average
    Inception to Date
    Q4 2016 – Q1 2025
    +198.7% +218.3% -37.0% -4.1% +44.3% +66.1%

    On a relative basis, our gross total return for Q1 2025 of +4.5% compares favorably to the –14.4% total return for the Russell Microcap Index.1 The difference between our gross total return and our net total return, or change in NAV, of -4.7% to $4.42 as of March 31, 2025, was primarily the result of expenses related to our Business Combination, including almost $300,000 in additional professional fees resulting from the public efforts to derail our proposed Business Combination. Our day-to-day operating expenses declined by over 30% from Q1 2024.

    Public Portfolio Performance in Q1 2025

    The slide below shows the basis for our investment performance in Q1 2025:

    Ticker Symbol Shares Owned @ 12/31/24 Net Shares Purchased (Sold) During Quarter Shares Owned @ 3/31/25 Value @ 12/31/24 Cash (Invested) Received from Sales / Dividends Value @ 3/31/25 Value + Cash Received Total Q/Q Net Change % Change
    ACNT 377,750 (10,890) 366,860 $4,223,245 $133,731 $4,644,448 $4,778,179 $554,934 13.1%
    AREN 992,992 0 992,992 $1,330,609 $0 $1,717,876 $1,717,876 $387,267 29.1%
    AVNW 0 10,200 10,200 $0 ($210,768) $195,534 $195,534 ($15,234) (7.2%)
    BCOV 1,053,580 (1,053,580) 0 $4,583,073 $4,688,431 $0 $4,688,431 $105,358 2.3%
    CVGI 410,000 0 410,000 $1,016,800 $0 $471,500 $471,500 ($545,300) (53.6%)
    IVAC 1,046,597 (1,046,597) 0 $3,558,430 $4,293,141 $0 $4,293,141 $734,711 20.6%
    LTRX 656,139 12,572 668,711 $2,703,293 ($34,949) $1,665,090 $1,665,090 ($1,073,151) (39.2%)
    MAMA 0 20,000 20,000 $0 ($122,552) $130,200 $130,200 $7,648 6.2%
    PBPB 1,091,206 0 1,091,206 $10,279,161 $0 $10,377,369 $10,377,369 $98,209 1.0%
    PBPB/WS 80,605 0 80,605 $351,558 $0 $327,256 $327,256 ($24,301) (6.9%)
    RFIL 472,506 0 472,506 $1,847,498 $0 $2,216,053 $2,216,053 $368,555 19.9%
    SCOR 400,451 0 400,451 $2,338,634 $0 $2,751,098 $2,751,098 $412,465 17.6%
    SNCR 854,788 0 854,788 $8,205,965 $0 $9,308,641 $9,308,641 $1,102,677 13.4%
    SNCR-RS 12,000 12,000 24,000 $103,665 $0 $222,784 $222,784 $119,119 114.9%
    Total Other   $0 ($193,561) $185,350 $185,350 ($8,211) (4.2%)
    Total Public Portfolio $40,541,931 $8,553,473 $34,213,199 $43,328,502 $2,224,746  
    Public Portfolio Gross Total Return (Excluding Carried Interest from SMA) 4.5%
    Public Portfolio Gross Total Return (Including Carried Interest from SMA) 4.5%

    I, as the largest individual shareholder of 180 Degree Capital, and Daniel as a top-ten shareholder, could not be more excited about the future of the combined entity. We are not the only ones who understand the potential for value creation from this Business Combination. Some of our largest shareholders have signed either voting agreements or non-binding indications of support, that when combined with ownership of management and the board, account for approximately 27% of our outstanding shares in the aggregate. We appreciate the time and consideration these shareholders spent to understand the merits of this proposed Business Combination and their support for it. We also appreciate the time and interest of new shareholders who have become interested in 180 Degree Capital’s common stock because of the proposed Business Combination.

    We believe the proposed Business Combination to be the best opportunity to build value for all shareholders of 180 Degree Capital. We believe strongly in its future under the leadership of Ted and his colleagues. I have been an investor in the public markets for 35 years, during which time investors entrusted me with billions of dollars of capital. We are interested in building true value for shareholders over the short and long term. We believe this combination achieves both of these objectives. We look forward to discussing these updates to our preliminary joint proxy statement/prospectus and to having robust conversations with all of our current and potential future shareholders. Feel free to reach out to us at any time and thank you, as always, for your support.

    All the best,

    Kevin M. Rendino
    Chairman and Chief Executive Officer

    The table below summarizes 180 Degree Capital’s performance over periods of time through the end of Q1 20251:

      Quarter 1 Year 5 Year Inception to Date
      Q1 2025 Q1 2024- Q1 2025 Q1 2020- Q1 2025 Q4 2016- Q1 2025
    TURN Public Portfolio Gross Total Return
    (Excluding SMA Carried Interest)
    4.5% 5.6% -6.8% 198.7%
    TURN Public Portfolio Gross Total Return
    (Including SMA Carried Interest)
    4.5% 0.8% 43.8% 218.3%
             
    Change in NAV -4.7% -14.3% -30.5% -37.0%
             
    Change in Stock Price 8.2% -7.5% -2.6% -4.1%
             
    Russell Microcap Index -14.4% -7.0% 76.1% 44.3%
    Russell Microcap Growth Index -17.8% -5.0% 43.5% 29.6%
    Russell Microcap Value Index -11.3% -6.0% 106.7% 57.7%
    Russell 2000 Index -9.5% -4.0% 86.2% 65.3%
    Lipper Peer Group -10.1% -6.6% 113.2% 66.1%


    About 180 Degree Capital Corp.

    180 Degree Capital Corp. is a publicly traded registered closed-end fund focused on investing in and providing value-added assistance through constructive activism to what we believe are substantially undervalued small, publicly traded companies that have potential for significant turnarounds. Our goal is that the result of our constructive activism leads to a reversal in direction for the share price of these investee companies, i.e., a 180-degree turn. Detailed information about 180 Degree Capital and its holdings can be found on its website at www.180degreecapital.com.

    Press Contact:
    Daniel B. Wolfe
    Robert E. Bigelow
    180 Degree Capital Corp.
    973-746-4500
    ir@180degreecapital.com

    Additional Information and Where to Find It

    In connection with the proposed Business Combination, 180 Degree Capital intends to file with the SEC and mail to its shareholders a proxy statement on Schedule 14A (the “Proxy Statement”), containing a form of WHITE proxy card. In addition, the surviving Delaware corporation, Mount Logan Capital Inc. (“New Mount Logan”) plans to file with the SEC a registration statement on Form S-4 (the “Registration Statement”) that will register the exchange of New Mount Logan shares in the Business Combination and include the Proxy Statement and a prospectus of New Mount Logan (the “Prospectus”). The Proxy Statement and the Registration Statement (including the Prospectus) will each contain important information about 180 Degree Capital, Mount Logan, New Mount Logan, the Business Combination and related matters. SHAREHOLDERS OF 180 DEGREE CAPITAL AND MOUNT LOGAN ARE URGED TO READ THE PROXY STATEMENT AND PROSPECTUS CONTAINED IN THE REGISTRATION STATEMENT AND OTHER DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE APPLICABLE SECURITIES REGULATORY AUTHORITIES AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT 180 DEGREE CAPITAL, MOUNT LOGAN, NEW MOUNT LOGAN, THE BUSINESS COMBINATION AND RELATED MATTERS. Investors and security holders may obtain copies of these documents and other documents filed with the applicable securities regulatory authorities free of charge through the website maintained by the SEC at https://www.sec.gov and the website maintained by the Canadian securities regulators at www.sedarplus.ca. Copies of the documents filed by 180 Degree Capital are also available free of charge by accessing 180 Degree Capital’s investor relations website at https://ir.180degreecapital.com.

    Certain Information Concerning the Participants

    180 Degree Capital, its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in connection with the Business Combination. Information about 180 Degree Capital’s executive officers and directors is available in 180 Degree Capital’s Annual Report filed on Form N-CSR for the year ended December 31, 2024, which was filed with the SEC on February 14, 2025, and in its proxy statement for the 2024 Annual Meeting of Shareholders (“2024 Annual Meeting”), which was filed with the SEC on March 1, 2024. To the extent holdings by the directors and executive officers of 180 Degree Capital securities reported in the proxy statement for the 2024 Annual Meeting have changed, such changes have been or will be reflected on Statements of Change in Ownership on Forms 3, 4 or 5 filed with the SEC. These documents are or will be available free of charge at the SEC’s website at https://www.sec.gov. Additional information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the 180 Degree Capital shareholders in connection with the Business Combination will be contained in the Proxy Statement when such document becomes available.

    Mount Logan, its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from the shareholders of Mount Logan in favor of the approval of the Business Combination. Information about Mount Logan’s executive officers and directors is available in Mount Logan’s annual information form dated March 13, 2025, available on its website at https://mountlogancapital.ca/investor-relations and on SEDAR+ at https://www.sedarplus.com. To the extent holdings by the directors and executive officers of Mount Logan securities reported in Mount Logan’s annual information form have changed, such changes have been or will be reflected on insider reports filed on SEDI at https://www.sedi.ca/sedi/. Additional information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the Mount Logan shareholders in connection with the Business Combination will be contained in the Prospectus included in the Registration Statement when such document becomes available.

    Non-Solicitation

    This letter and the materials accompanying it are not intended to be, and shall not constitute, an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.

    Forward-Looking Statements

    This letter and the materials accompanying it, and oral statements made from time to time by representatives of 180 Degree Capital and Mount Logan, may contain statements of a forward-looking nature relating to future events within the meaning of federal securities laws. Forward-looking statements may be identified by words such as “anticipates,” “believes,” “could,” “continue,” “estimate,” “expects,” “intends,” “will,” “should,” “may,” “plan,” “predict,” “project,” “would,” “forecasts,” “seeks,” “future,” “proposes,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions). Forward-looking statements are not statements of historical fact and reflect Mount Logan’s and 180 Degree Capital’s current views about future events. Such forward-looking statements include, without limitation, statements about the benefits of the Business Combination involving Mount Logan and 180 Degree Capital, including future financial and operating results, Mount Logan’s and 180 Degree Capital’s plans, objectives, expectations and intentions, the expected timing and likelihood of completion of the Business Combination, and other statements that are not historical facts, including but not limited to future results of operations, projected cash flow and liquidity, business strategy, payment of dividends to shareholders of New Mount Logan, and other plans and objectives for future operations. No assurances can be given that the forward-looking statements contained in this press release will occur as projected, and actual results may differ materially from those projected. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, without limitation, the ability to obtain the requisite Mount Logan and 180 Degree Capital shareholder approvals; the risk that Mount Logan or 180 Degree Capital may be unable to obtain governmental and regulatory approvals required for the Business Combination (and the risk that such approvals may result in the imposition of conditions that could adversely affect New Mount Logan or the expected benefits of the Business Combination); the risk that an event, change or other circumstance could give rise to the termination of the Business Combination; the risk that a condition to closing of the Business Combination may not be satisfied; the risk of delays in completing the Business Combination; the risk that the businesses will not be integrated successfully; the risk that the cost savings and any other synergies from the Business Combination may not be fully realized or may take longer to realize than expected; the risk that any announcement relating to the Business Combination could have adverse effects on the market price of Mount Logan’s common stock or 180 Degree Capital’s common stock; unexpected costs resulting from the Business Combination; the possibility that competing offers or acquisition proposals will be made; the risk of litigation related to the Business Combination; the risk that the credit ratings of New Mount Logan or its subsidiaries may be different from what the companies expect; the diversion of management time from ongoing business operations and opportunities as a result of the Business Combination; the risk of adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the Business Combination; competition, government regulation or other actions; the ability of management to execute its plans to meet its goals; risks associated with the evolving legal, regulatory and tax regimes; changes in economic, financial, political and regulatory conditions; natural and man-made disasters; civil unrest, pandemics, and conditions that may result from legislative, regulatory, trade and policy changes; and other risks inherent in Mount Logan’s and 180 Degree Capital’s businesses. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Readers should carefully review the statements set forth in the reports, which 180 Degree Capital has filed or will file from time to time with the SEC and Mount Logan has filed or will file from time to time on SEDAR+.

    Neither Mount Logan nor 180 Degree Capital undertakes any obligation, and expressly disclaims any obligation, to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Any discussion of past performance is not an indication of future results. Investing in financial markets involves a substantial degree of risk. Investors must be able to withstand a total loss of their investment. The information herein is believed to be reliable and has been obtained from sources believed to be reliable, but no representation or warranty is made, expressed or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of the information and opinions. The references and link to the website www.180degreecapital.com and mountlogancapital.ca have been provided as a convenience, and the information contained on such websites are not incorporated by reference into this press release. Neither 180 Degree Capital nor Mount Logan is responsible for the contents of third-party websites.

    1. Past performance is not an indication or guarantee of future performance. Gross unrealized and realized total returns of 180 Degree Capital’s cash and securities of publicly traded companies are compounded on a quarterly basis, and intra-quarter cash flows from investments in or proceeds received from privately held investments are treated as inflows or outflows of cash available to invest or withdrawn, respectively, for the purposes of this calculation. 180 Degree Capital is an internally managed registered closed-end fund that has a portion of its assets that are fair valued on a quarterly basis by the Valuation Committee of its Board of Directors, and 180 Degree Capital does not have an external manager that is paid fees based on assets and/or returns. Please see 180 Degree Capital’s filings with the SEC, including its 2024 Annual Report on Form N-CSR for information on its expenses and expense ratios.

    The MIL Network

  • MIL-OSI: Nuvini Group Announces Participation in the Sidoti Micro-Cap Investor Conference

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) — Nuvini Group Limited (Nasdaq: NVNI) (“Nuvini” or the “Company”), a leading acquirer of private B2B SaaS companies in Latin America, today announced that management will participate in the Sidoti Virtual Micro-Cap Conference being held on May 21-22, 2025.

    Nuvini Chief Executive Officer and Founder Pierre Schurmann will present virtually on Thursday, May 22 at 8:30a.m. Eastern Time. A link to the webcast and associated presentation materials can be accessed here and through the Company’s investor relations website.

    Additionally, management will be available for one-on-one meetings throughout the conference. To schedule a one-on-one meeting with Nuvini’s management please contact your Sidoti conference representative or reach out to investor relations at NVNI@mzgroup.us.

    About Nuvini
    Headquartered in São Paulo, Brazil, Nuvini is Latin America’s leading private serial acquirer of B2B SaaS companies. The company focuses on acquiring profitable, high-growth SaaS businesses with strong recurring revenue and cash flow generation. By fostering an entrepreneurial environment, Nuvini enables its portfolio companies to scale and maintain leadership within their respective industries. The company’s long-term vision is to buy, retain, and create value through strategic partnerships and operational expertise.

    Investor Relations Contact
    Sofia Toledo
    ir@nuvini.co

    MZ North America
    NVNI@mzgroup.us

    The MIL Network

  • MIL-OSI Europe: AMERICA/PARAGUAY – In an atmosphere of celebration, joy and gratitude, the Daughters of Mary Help of Christians celebrated 125 years of presence in the country

    Source: Agenzia Fides – MIL OSI

    Monday, 19 May 2025

    FMA

    Asunción (Agenzia Fides) – On April 29, 2025, the Daughters of Mary Help of Christians (FMA), together with young people, lay people and the Salesian Family, celebrated the 125th anniversary of the arrival of the first nine FMA, who arrived in Paraguay with great zeal and apostolic spirit on April 30, 1900, to dedicate themselves to the education of children.”The first nine missionaries who came to Paraguay were moved by the missionary zeal that Christ had awakened in Don Bosco and Mother Mazzarello, and felt the passion and fervent desire to transmit the faith…” said Father Néstor Ledesma, Provincial of the Salesians of Don Bosco of the Province of the Assumption (PAR), in his homily at the solemn Eucharistic celebration. “These first sisters, as the light of Christ, not only showed the way, but were and are the powerful force that transforms hearts and leads people to God.” The event, according to the statement issued by the FMA, took place in an atmosphere of festivity, joy, and gratitude, in which the legacy of education, faith, and hope was celebrated together. Several religious communities in Paraguay participated in the celebrations and expressed their solidarity and joy at this historic milestone. Delegates from communities of the FMA from across the country were also present. This anniversary was not only religious in nature, but was also celebrated at the municipal and national levels. The City Council of Asunción declared it of interest to the city and highlighted the educational and evangelizing commitment of the FMA, while the Chamber of Deputies emphasized the national and cultural interest and recognized the missionaries’ contribution to the integral development of Paraguayan youth. Cardinal Adalberto Martínez Flores, Metropolitan Archbishop of Asunción, and Provincial Superior Ángeles Grassi also conveyed their congratulations on behalf of the Archdiocese and the Province of the Immaculate Conception (URU) of Uruguay. (AP) (Agenzia Fides, 19/5/2025)
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    MIL OSI Europe News

  • MIL-OSI USA: ICE San Diego arrests previously removed Mexican national with criminal history

    Source: US Immigration and Customs Enforcement

    May 19, 2025San Diego, CA, United StatesEnforcement and Removal

    SAN DIEGO – On May 15, during enforcement operations, ERO San Diego arrested Jesus Bahena, a 49-year-old Mexican citizen. Bahena’s criminal history includes convictions for aggravated assault with a deadly weapon, obstructing law enforcement, and dissuading a witness. Despite multiple removals from the US, Bahena has re-entered the country without admission or parole and has been found illegally residing within the US, continuing to violate federal laws and poses a threat to the community.

    Following his arrest, Bahena was served with a notice of intent to reinstate his previous removal order. His case has been accepted for prosecution under Title 8, U.S. Code, Section 1326. He was subsequently taken into custody by the Bureau of Prisons pending his arraignment before a U.S. magistrate judge.

    Members of the public can report crimes and suspicious activity by dialing 866-DHS-2-ICE (866-347-2423) or completing the online tip form.

    Learn more about ICE’s mission to increase public safety in San Diego on X, formerly known as Twitter, at @EROSanDiego.

    MIL OSI USA News

  • MIL-OSI: Gilat Reports First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    Revenues Increased 21% Year-over-Year with Adjusted EBITDA of $7.6 Million

    Reiterates Guidance for 2025

    PETAH TIKVA, Israel, May 19, 2025 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the first quarter, ended March 31, 2025.

    First Quarter 2025 Financial Highlights

    • Revenues of $92million, up 21% compared with $76.1million in Q12024;
    • GAAP operating loss of $2.7 million,compared with GAAP operating income of $5.4 million in Q1 2024 mainly due to a loss of about $3.6 million from Gilat Stellar Blu’s ramp up process, amortization of purchased intangibles derived from the Stellar Blu acquisition, and other operating expenses, related to earnout liabilities and one-time acquisition-related costs;
    • Non-GAAP operating income of $5.2million, compared with $6.6million in Q1 2024;
    • GAAP net loss of $6.0 million, or $0.11 per share, compared with GAAP net income of $5.0 million, or $0.09 per diluted share, in Q1 2024;
    • Non-GAAP net income of $1.8 million, or $0.03 per diluted share, compared with $6.0 million, or $0.11 per diluted share, in Q1 2024;
    • Adjusted EBITDA of $7.6 million, compared with $9.3 million in Q1 2024, which includes a loss of about $3.6 million from Gilat Stellar Blu’s ramp up process. Adjusted EBITDA, excluding such loss, was $11.2 million.

    Forward-Looking Expectations

    The Company today reiterated its guidance for 2025.

    Expectations are for revenue between $415 and $455 million, representing year-over-year growth of 42% at the midpoint. Adjusted EBITDA is expected to be between $47 and $53 million, representing year-over-year growth of 18% at the midpoint.  

    Management Commentary

    Adi Sfadia, Gilat’s CEO, commented: “Gilat delivered solid Q1 2025 results, demonstrating strong execution across the company and positive impact from our new organizational structure. Gilat Defense is experiencing significant momentum, fueled by growing demand for its broad portfolio of products and services and is becoming an increasingly important contributor to our growth. This growth is supported by macro-geopolitical factors that are driving increased investment in secure, mission-critical communications worldwide.”

    Mr. Sfadia added, “Regarding Gilat Commercial, our IFC business continues to expand as we deliver on customer commitments and grow our market base. Gilat Stellar Blu’s ramp up is on track, and its Sidewinder ESA is now flying on over 150 aircraft, with strong feedback and additional orders expected very soon. We are collaborating with our partners to expand into new applications such as ISR and VVIP aviation. We’re also in the process of developing OEM installation and broader modem compatibility, further establishing Sidewinder as the go-to multi-orbit IFC solution.”

    Mr. Sfadia concluded, “Based on our strong beginning to 2025 and as Stellar Blu’s ramp up finalizes, we are on track to deliver a record year in both revenues and non-GAAP profitability as we capture the expanding opportunities in mission-critical communications and next-generation satellite solutions.”

    Key Recent Announcements

    • Gilat Receives Over $15 Million in Orders from Leading Satellite Operators
    • Gilat Receives a Multimillion Order from a Global Defense Organization
    • Gilat Receives over $11 Million Defense Contract from a Leading UAV Company
    • Gilat Awarded Up to $23 Million Multi-Year Contract to Service Satellite Transportable Terminal Units for US DoD Customers
    • Gilat Receives $6 Million Defense Contract to Provide Military Communications solutions in Asia-Pacific
    • Gilat Receives $4 Million in Orders for Advanced Portable Satellite Terminals from Global Defense Customers
    • Gilat Awarded Over $5 Million to Support Critical Connectivity for Defense Forces

    Conference Call Details

    Gilat’s management will discuss its first quarter 2025 results and business achievements and participate in a question-and-answer session:

    Date: Monday, May 19, 2025
    Start: 09:00 AM EST / 16:00 IST
    Dial-in: US: 1-888-407-2553
      International: +972-3-918-0609

    A simultaneous webcast of the conference call will be available on the Gilat website at http://www.gilat.com and through this link: https://veidan.activetrail.biz/gilatq1-2025.

    The webcast will also be archived for a period of 30 days on the Company’s website and through the link above.

    Non-GAAP Measures

    The attached summary unaudited financial statements were prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP). To supplement the consolidated financial statements presented in accordance with GAAP, the Company presents non-GAAP presentations of gross profit, operating expenses, operating income, income before taxes on income, net income, Adjusted EBITDA, and earnings per share. The adjustments to the Company’s GAAP results are made with the intent of providing both management and investors with a more complete understanding of the Company’s underlying operational results, trends, and performance. Non-GAAP financial measures mainly exclude, if and when applicable, the effect of stock-based compensation expenses, amortization of purchased intangibles, lease incentive amortization, other non-recurring expenses, other integration expenses, other operating expenses (income), net, and income tax effect on the relevant adjustments.

    Adjusted EBITDA is presented to compare the Company’s performance to that of prior periods and evaluate the Company’s financial and operating results on a consistent basis from period to period. The Company also believes this measure, when viewed in combination with the Company’s financial results prepared in accordance with GAAP, provides useful information to investors to evaluate ongoing operating results and trends. Adjusted EBITDA, however, should not be considered as an alternative to operating income or net income for the period and may not be indicative of the historic operating results of the Company; nor is it meant to be predictive of potential future results. Adjusted EBITDA is not a measure of financial performance under GAAP and may not be comparable to other similarly titled measures for other companies. Reconciliation between the Company’s net income and adjusted EBITDA is presented in the attached summary financial statements.

    Non-GAAP presentations of gross profit, operating expenses, operating income, income before taxes on income, net income, adjusted EBITDA and earnings per share should not be considered in isolation or as a substitute for any of the consolidated statements of operations prepared in accordance with GAAP, or as an indication of Gilat’s operating performance or liquidity.

    About Gilat

    Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we create and deliver deep technology solutions for satellite, ground and new space connectivity and provide comprehensive, secure end-to-end solutions and services for mission-critical operations, powered by our innovative technology. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

    Our portfolio includes a diverse offering to deliver high value solutions for multiple orbit constellations with very high throughput satellites (VHTS) and software defined satellites (SDS). Our offering is comprised of a cloud-based platform and high-performance satellite terminals; high performance Satellite On-the-Move (SOTM) antennas; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense, field services, network management software, and cybersecurity services.

    Gilat’s comprehensive offering supports multiple applications with a full portfolio of products and tailored solutions to address key applications including broadband access, mobility, cellular backhaul, enterprise, defense, aerospace, broadcast, government, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: www.gilat.com

    Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to the hostilities between Israel and Hamas. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.

    Contact:

    Gilat Satellite Networks
    Hagay Katz, Chief Products and Marketing Officer
    hagayk@gilat.com

    Alliance Advisors

    GilatIR@allianceadvisors.com
    Phone: +1 212 838 3777

    GILAT SATELLITE NETWORKS LTD.      
    CONSOLIDATED STATEMENTS OF INCOME (LOSS)      
    U.S. dollars in thousands (except share and per share data)      
        Three months ended
     March 31,
       
          2025       2024  
        Unaudited
             
    Revenues $ 92,037     $ 76,078  
    Cost of revenues   63,639       48,024  
             
    Gross profit   28,398       28,054  
             
    Research and development expenses, net   11,621       9,319  
    Selling and marketing expenses   8,202       7,077  
    General and administrative expenses   6,784       8,077  
    Other operating expenses (income), net   4,538       (1,810 )
             
    Total operating expenses   31,145       22,663  
             
    Operating income (loss)   (2,747 )     5,391  
             
    Financial income (expenses), net   (936 )     513  
             
    Income (loss) before taxes on income   (3,683 )     5,904  
             
    Taxes on income   (2,313 )     (940 )
             
    Net income (loss) $ (5,996 )   $ 4,964  
             
    Earnings (losses) per share (basic and diluted) $ (0.11 )   $ 0.09  
             
    Weighted average number of shares used in              
    computing earnings (losses) per share (Basic and Diluted)   57,037,671       57,016,585  
             
    GILAT SATELLITE NETWORKS LTD.
    RECONCILIATION BETWEEN GAAP AND NON-GAAP CONSOLIDATED STATEMENTS OF INCOME (LOSS)
    FOR COMPARATIVE PURPOSES
    U.S. dollars in thousands (except share and per share data)
        Three months ended   Three months ended
        March 31, 2025   March 31, 2024  
        GAAP   Adjustments (*)   Non-GAAP   GAAP   Adjustments (*)   Non-GAAP  
        Unaudited   Unaudited
                               
    Gross profit $ 28,398   810   $ 29,208   $ 28,054   726   $ 28,780
    Operating expenses 31,145   (7,090)   24,055   22,663   (499)   22,164
    Operating income (loss) (2,747)   7,900   5,153   5,391   1,225   6,616
    Income (loss) before taxes on income (3,683)   7,900   4,217   5,904   1,225   7,129
    Net income (loss) $ (5,996)   7,823   $ 1,827   $ 4,964   1,050   $ 6,014
                             
    Earnings (losses) per share (basic and diluted) $ (0.11)   $ 0.14   $ 0.03   $ 0.09   $ 0.02   $ 0.11
                             
                             
    Weighted average number of shares used in computing earnings (losses) per share                      
      Basic 57,037,671       57,037,671   57,016,585       57,016,585
      Diluted 57,037,671       58,005,232   57,016,585       57,108,734
                             
                             
     (*)  Adjustments reflect the effect of stock-based compensation expenses as per ASC 718, amortization of purchased intangibles, other operating income (expenses), net, other integration expenses and income tax effect on such adjustments which is calculated using the relevant effective tax rate.  
                             
            Three months ended           Three months ended    
            March 31, 2025           March 31, 2024    
            Unaudited           Unaudited    
                             
    GAAP net income (loss)   $ (5,996)           $ 4,964    
                           
    Gross profit                    
    Stock-based compensation expenses   173           150    
    Amortization of purchased intangibles   600           507    
    Other integration expenses   37           69    
          810           726    
    Operating expenses                    
    Stock-based compensation expenses   901           717    
    Stock-based compensation expenses related to business combination   607           1,324    
    Amortization of purchased intangibles   884           257    
    Other operating expenses (income), net *)   4,538           (1,810)    
    Other integration expenses   160           11    
            7,090           499    
                             
    Taxes on income   (77)           (175)    
                             
    Non-GAAP net income   $ 1,827           $ 6,014    
                             
                             
    *) Including M&A expenses related to business combinations in the amounts of $2,205 and $318 for the three months ended March 31, 2025 and 2024, respectively
                             
    GILAT SATELLITE NETWORKS LTD.      
    SUPPLEMENTAL INFORMATION      
    U.S. dollars in thousands      
           
           
    ADJUSTED EBITDA:      
           
       Three months ended
       March 31,
       2025     2024 
      Unaudited
           
    GAAP net income (loss) $ (5,996 )   $ 4,964  
    Adjustments:      
    Financial expenses (income), net   936       (513 )
    Taxes on income   2,313       940  
    Stock-based compensation expenses   1,074       867  
    Stock-based compensation expenses related to business combination   607       1,324  
    Depreciation and amortization (*)   3,962       3,481  
    Other operating expenses (income), net   4,538       (1,810 )
    Other integration expenses   197       80  
           
    Adjusted EBITDA $ 7,631     $ 9,333  
           
    (*) Including amortization of lease incentive      
           
    SEGMENT REVENUES:      
           
       Three months ended
       March 31,
        2025       2024  
      Unaudited
           
    Commercial $ 64,220     $ 41,193  
    Defense   23,011       17,230  
    Peru   4,806       17,655  
           
    Total revenues $ 92,037     $ 76,078  
           
    GILAT SATELLITE NETWORKS LTD.      
    CONSOLIDATED BALANCE SHEETS      
    U.S. dollars in thousands      
           
      March 31,   December 31,
        2025       2024  
      Unaudited   Audited
           
    ASSETS      
           
    CURRENT ASSETS:      
    Cash and cash equivalents $ 63,783     $ 119,384  
    Restricted cash   470       853  
    Trade receivables, net   49,164       49,600  
    Contract assets   33,394       24,941  
    Inventories   59,431       38,890  
    Other current assets   34,395       21,963  
           
       Total current assets   240,637       255,631  
           
    LONG-TERM ASSETS:      
    Restricted cash   13       12  
    Long-term contract assets   7,450       8,146  
    Severance pay funds   5,847       5,966  
    Deferred taxes   9,912       11,896  
    Operating lease right-of-use assets   6,400       6,556  
    Other long-term assets   8,539       5,288  
           
    Total long-term assets   38,161       37,864  
           
    PROPERTY AND EQUIPMENT, NET   69,878       70,834  
           
    INTANGIBLE ASSETS, NET   64,928       12,925  
           
    GOODWILL   169,444       52,494  
           
    TOTAL ASSETS $ 583,048     $ 429,748  
           
    GILAT SATELLITE NETWORKS LTD.      
    CONSOLIDATED BALANCE SHEETS (Cont.)      
    U.S. dollars in thousands      
           
      March 31,   December 31,
        2025       2024  
      Unaudited   Audited
           
    LIABILITIES AND SHAREHOLDERS’ EQUITY      
           
    CURRENT LIABILITIES:      
    Current maturities of long-term loan $ 3,000     $  
    Trade payables   20,364       17,107  
    Accrued expenses   48,245       45,368  
    Advances from customers and deferred revenues   71,701       18,587  
    Operating lease liabilities   2,865       2,557  
    Other current liabilities   24,617       17,817  
           
       Total current liabilities   170,792       101,436  
           
    LONG-TERM LIABILITIES:      
    Long-term loans   57,469       2,000  
    Accrued severance pay   6,536       6,677  
    Long-term advances from customers and deferred revenues   254       580  
    Operating lease liabilities   3,608       4,014  
    Other long-term liabilities   44,875       10,606  
           
       Total long-term liabilities   112,742       23,877  
           
    SHAREHOLDERS’ EQUITY:      
    Share capital – ordinary shares of NIS 0.2 par value   2,736       2,733  
    Additional paid-in capital   944,657       943,294  
    Accumulated other comprehensive loss   (6,411 )     (6,120 )
    Accumulated deficit   (641,468 )     (635,472 )
           
    Total shareholders’ equity   299,514       304,435  
           
    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 583,048     $ 429,748  
           
    GILAT SATELLITE NETWORKS LTD.      
    CONSOLIDATED STATEMENTS OF CASH FLOWS      
    U.S. dollars in thousands      
           
      Three months ended
      March 31,
      2025   2024
      Unaudited
    Cash flows from operating activities:      
    Net income (loss) $ (5,996 )   $ 4,964  
    Adjustments required to reconcile net income (loss)      
     to net cash provided by (used in) operating activities:      
    Depreciation and amortization   3,905       3,425  
    Stock-based compensation expenses   1,681       2,191  
    Accrued severance pay, net   (22 )     (55 )
    Deferred taxes, net   1,984       451  
    Decrease (increase) in trade receivables, net   4,528       (8,797 )
    Decrease (increase) in contract assets   (7,798 )     6,248  
    Decrease in other assets and other adjustments (including short-term, long-term      
    and effect of exchange rate changes on cash, cash equivalents and restricted cash)   18,390       3,507  
    Increase in inventories   (11,456 )     (3,193 )
    Decrease in trade payables   (7,828 )     (666 )
    Decrease in accrued expenses   (6,358 )     (1,240 )
    Decrease in advances from customers and deferred revenues   (1,096 )     (2,754 )
    Increase in other liabilities   3,454       139  
    Net cash provided by (used in) operating activities   (6,612 )     4,220  
           
    Cash flows from investing activities:      
    Purchase of property and equipment   (1,490 )     (793 )
    Investment in other asset   (2,500 )      
    Acquisitions of subsidiary, net of cash acquired   (104,943 )      
    Net cash used in investing activities   (108,933 )     (793 )
           
    Cash flows from financing activities:      
    Repayment of short-term debt, net         (2,744 )
    Proceeds from long-term loan, net of associated costs   58,970        
    Net cash provided by (used in) financing activities   58,970       (2,744 )
           
    Effect of exchange rate changes on cash, cash equivalents and restricted cash   592       (268 )
           
    Increase (decrease) in cash, cash equivalents and restricted cash   (55,983 )     415  
           
    Cash, cash equivalents and restricted cash at the beginning of the period   120,249       104,751  
           
    Cash, cash equivalents and restricted cash at the end of the period $ 64,266     $ 105,166  
           

    The MIL Network

  • MIL-OSI: Infinium will deploy Electric Hydrogen’s electrolyzer plant at large-scale eFuels facility in Texas

    Source: GlobeNewswire (MIL-OSI)

    PECOS, Texas, May 19, 2025 (GLOBE NEWSWIRE) — Electric Hydrogen, an American manufacturer of high-power electrolyzer plants, announced today that Infinium, a leading producer of commercial eFuels, has selected Electric Hydrogen’s 100 megawatt (MW) HYPRPlant for its large-scale eFuels facility in Texas, Project Roadrunner.

    Electric Hydrogen’s HYPRPlant is a complete solution that lowers hydrogen total installed project cost by up to 60% relative to other electrolyzer solutions. The company manufactures HYPRPlants in the United States: its proprietary electrochemical stacks are built in Electric Hydrogen’s Massachusetts gigafactory while the chemical process modules are manufactured in Texas, drawing on strong local expertise from the oil and gas industry. Electric Hydrogen’s innovative technology and modular manufacturing approach make the HYPRPlant less expensive and more reliable than imported Chinese product, enhancing American energy technology leadership and competitiveness.

    “We are very pleased to be working with Electric Hydrogen and have been impressed with the HYPRPlant design and commercial package,” said Robert Schuetzle, CEO of Infinium. “Low-cost renewable hydrogen is a critical component to eFuel production, and the industry needs the kind of innovation and thoughtful execution we have seen from Electric Hydrogen.”

    Once production begins, Project Roadrunner—expected to be the largest eFuels production facility in the world—will produce sustainable aviation fuel (eSAF), eDiesel and eNaphtha from CO2, power and water for the aviation, heavy-duty trucking, plastics and maritime sectors. The project will bolster American technological advances and bring skilled jobs and economic growth to West Texas. Many of those workers are expected to bring skills and expertise they developed in the oil and gas sector. The facility is projected to commence commercial e-fuels production in 2027.

    “This cutting-edge project exemplifies how low-cost, industrial-scale clean hydrogen production will drive new markets for American-made fuels and support the buildout of domestic manufacturing facilities,” said Raffi Garabedian, Electric Hydrogen’s CEO and Co-founder. “We’re honored to be selected as Infinium’s electrolyzer manufacturer of choice.”

    Brookfield Asset Management and Breakthrough Energy Catalyst are financing partners for Infinium’s Project Roadrunner, making it the world’s first large-scale project-financed eFuels project. The project will supply sustainable aviation fuel over a 10-year period to International Airlines Group (IAG), one of the largest airline companies in the world through subsidiaries Aer Lingus, British Airways, Iberia, LEVEL and Vueling.

    This project announcement follows the unveiling of HYPRPlant, the announcement of Electric Hydrogen’s strategic partnership with Texas-based Titan Production Equipment and the company’s selection as Uniper’s exclusive electrolysis partner for the 200MW Green Wilhemshaven project in Northern Germany.

    To learn more about Electric Hydrogen’s HYPRPlant, visit https://eh2.com/.

    About Electric Hydrogen 
    Electric Hydrogen manufactures, delivers and commissions the world’s most powerful electrolyzers to make clean hydrogen projects economically viable today. The company’s complete HYPRPlant includes all system components required to turn water and electricity into the lowest cost clean hydrogen. Electric Hydrogen has a team of more than 300 people in the United States and Europe. The company was founded in 2020 and is headquartered in Devens, Massachusetts. To learn more about how critical industries leverage Electric Hydrogen’s advanced proton exchange membrane (PEM) technology, visit https://eh2.com/.

    About Infinium
    Infinium is a leading provider of gas conversion solutions and developer of eFuels projects. Our offerings include ultra-low carbon synthetic eFuels, solutions enabling monetization of flare gas and RNG, and patented technology designed to support the rapidly evolving energy industry. Infinium is a company of “firsts”—the first to produce commercial volumes of power-to-liquid clean eFuels; the first to develop and deploy modular gas conversion technology; and the only clean fuels innovator offering end-to-end solutions to customers at every step in their energy journey. Industry leaders including Amazon, American Airlines, Borealis and IAG are customers of Infinium. Learn more at www.infiniumco.com.

    Contact
    V2 Communications for Electric Hydrogen
    electrichydrogen@v2comms.com

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3117612d-0390-47a5-95db-6815670b9948

    https://www.globenewswire.com/NewsRoom/AttachmentNg/99612c8f-dd87-434c-af24-cb006611fd8a

    The MIL Network

  • MIL-OSI: LIS Technologies Inc. to Unleash American Energy: Closing of Third Consecutive Oversubscribed Funding Round of $11.93M and Totaling Over $47M to Rebirth the Only United States Origin and Patented Technology for Laser Uranium Enrichment

    Source: GlobeNewswire (MIL-OSI)

    Oak Ridge, Tennessee, May 19, 2025 (GLOBE NEWSWIRE) — LIS Technologies Inc. (“LIST” or “the Company”), a proprietary developer of advanced laser technology and the only USA-origin and patented laser uranium enrichment company, today announced that it has closed its third consecutive oversubscribed funding round of $11.93 million and now totaling over $47 Million raised to date. The round drew continued support from repeat investors, including Innovating Capital, alongside other prominent, seasoned and industry investors in advanced nuclear technology.

    Due to a growing appetite within the United States for a robust domestic nuclear fuel supply chain, alongside strong support from returning investors, the Company’s recent financing round was oversubscribed. The raise underscores LIST’s position as an emerging leader in the United States enriched uranium fuel market and validates the Company’s success in attracting and retaining top researchers, scientists, regulatory experts and former U.S. national leaders to help drive the revival of the nation’s only patented laser‑enrichment technology.

    “Despite the volatile market conditions of this year, we continue to deliver on our objectives, and investors clearly recognize the value of our progress,” said Jay Yu, Executive Chairman and President of LIS Technologies Inc. “This marks our third consecutive oversubscribed financing round, highlighting investor’s confidence in LIST’s seasoned management team and our mission to revive the only U.S.‑origin, patented laser enrichment technology, which was independently evaluated and determined to meet all elements required for TRL-4, conforming to the Department of Energy guide DOE G 413.3-4A. We are here to answer the call and help build back the United States’ nuclear capabilities, support a reliable, robust domestic fuel supply for current civil nuclear reactors, microreactors, small modular reactors and to truly unleash American energy.”

    In late 2024, LIS Technologies Inc. was selected as one of six domestic companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Each awardee is slated to receive a minimum contract of $2 million.

    The Company’s proprietary Condensation Repression Isotope Selective Laser Activation (CRISLA) technology is the world’s only proven U.S.-origin and patented advanced laser enrichment solution. Optimized for Low-Enriched Uranium (LEU), which is crucial for the continued operation of the United States’ current fleet of 94 nuclear reactors, and High-Assay Low-Enriched Uranium (HALEU), which is required to power the next generation of advanced nuclear reactors, CRISLA overcomes many of the complexities and limitations of traditional 16um CO2 lasers, featuring a streamlined design due to its lower absorption and shorter wavelength at 5.3µm. The CRISLA-3G laser isotope separation technology was recently evaluated and determined to meet all elements required for TRL-4, conforming to the Department of Energy guide DOE G 413.3-4A and is protected by a patent from the United States Patent and Trademark Office (USPTO).

    “The success of this and our previous raises underscores the confidence that investors have in our mission, team and technology,” said Christo Liebenberg, Co-Founder and CEO of LIS Technologies Inc. “This raise will enable us to continue growing operations, add more senior technical engineers, regulatory leaders and to rapidly advance our projects, which would be closer to demonstration activities crucial for meeting the Company’s growth objectives.”

    The funding secured in this raise will enable the Company to advance into its next phase of growth. This includes systems engineering, integration and testing of our Test Demonstration Facility in our newly upgraded laboratories in Oak Ridge TN, while also developing LIST’s own proprietary lasers in the United States. Our goal over the next couple years is to not only repeat earlier baseline results, but to optimize it, and then demonstrate that our technology can produce LEU in a single stage, and HALEU in two stages, with fully scaled and industrialized equipment. The funding also allows us to diversify the CRISLA technology into stable isotopes and medical isotopes.

    About LIS Technologies Inc.

    LIS Technologies Inc. (LIST) is a USA based, proprietary developer of a patented advanced laser technology, making use of infrared lasers to selectively excite the molecules of desired isotopes to separate them from other isotopes. The Laser Isotope Separation Technology (L.I.S.T) has a huge range of applications, including being the only USA-origin (and patented) laser uranium enrichment company, and several major advantages over traditional methods such as gas diffusion, centrifuges, and prior art laser enrichment. The LIST proprietary laser-based process is more energy-efficient and has the potential to be deployed with highly competitive capital and operational costs. L.I.S.T is optimized for LEU (Low Enriched Uranium) for existing civilian nuclear power plants, High-Assay LEU (HALEU) for the next generation of Small Modular Reactors (SMR) and Microreactors, the production of stable isotopes for medical and scientific research, and applications in quantum computing manufacturing for semiconductor technologies. The Company employs a world class nuclear technical team working alongside leading nuclear entrepreneurs and industry professionals, possessing strong relationships with government and private nuclear industries.

    In 2024, LIS Technologies Inc. was selected as one of six domestic companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Each awardee is slated to receive a minimum contract of $2 million.

    For more information please visit: LaserIsTech.com

    For further information, please contact:
    Email: info@laseristech.com
    Telephone: 800-388-5492
    Follow us on X Platform
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    Forward Looking Statements

    This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For LIS Technologies Inc., particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: (i) risks related to the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, loss of key individuals and uncertainty of success of patent filing, (ii) our ability to obtain contracts and funding to be able to continue operations and (iii) risks related to uncertainty regarding our ability to commercially deploy a competitive laser enrichment technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission; and other risks and uncertainties discussed in this and our other filings with the SEC. Only after successful completion of our Phase 2 Pilot Plant demonstration will LIS Technologies be able to make realistic economic predictions for a Commercial Facility. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    The MIL Network

  • MIL-OSI Video: Army Special Operations Helicopters being AWESOME for 12 minutes straight | ASMR | Army Lethality

    Source: US Army (video statements)

    Just because we like you, here’s footage of the 160th Special Operations Aviation Regiment training. You’re welcome.

    Video by 160 PAO

    About the U.S. Army:

    The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.

    Interested in joining the U.S. Army?
    Visit: spr.ly/6001igl5L

    Connect with the U.S. Army online:
    Web: https://www.army.mil
    Facebook: https://www.facebook.com/USarmy/
    X: https://www.twitter.com/USArmy
    Instagram: https://www.instagram.com/usarmy/
    LinkedIn: https://www.linkedin.com/company/us-army
    #USArmy #Soldiers #Military #Army

    https://www.youtube.com/watch?v=RE7aInaqK6w

    MIL OSI Video

  • MIL-OSI USA: Wearable Technologies Power Study on Differences Between Treadmill, Outdoor Running on Injury Risk

    Source: US State of Connecticut

    When researchers study runners, up until very recently, they have had to conduct these studies in the lab using a treadmill.

    But running on a treadmill and running outside — as most runners do — is not the same. This has meant that scientific studies looking to inform our understanding of how running-related injuries occur and how to prevent them are not always transferable to the real world.

    With the advent of reliable wearable technologies, researchers are now able to capture data from runners outside the lab.

    A new study published in the Journal of Orthopaedic and Sports Physical Therapy (JOST Open) looked at how two key measures related to running-related injuries differ on a treadmill versus running outside on a flat sidewalk.

    “In our lab, we’re really about trying to bring things out of the lab and into the world,” Laurie Devaney, associate professor-in-residence and head of the Department of Kinesiology, says. “So, this was an attempt to look at real-world forces and see how they stack up against running on a treadmill.”

    Michelle Bruneau ’23 (CAHNR), a former Ph.D. candidate, was the first author on this paper. She is now a post-doctoral research fellow in the Department of Physical Medicine and Rehabilitation at Harvard Medical School and Spaulding Rehabilitation Hospital.

    The study used 28 healthy, male and female adult runners. Participants ran eight kilometers on the treadmill and the road while wearing ankle and chest sensors to track their step rate and tibial acceleration.

    Step rate is a measure of how many steps the runner takes over a certain distance. Tibial acceleration is a proxy for the impact load during a run.

    “When we look at running-related injuries we know that things like step rate and tibial acceleration can be associated with those injuries, especially bone-stress related injuries [like tibial stress fractures and shin pain],” Devaney says.

    The researchers found that while step rates were similar in both settings, when the runners were outdoors, there was a trend toward an increasing step rate as the run went on. This is good as an increased step rate reduces the force of each step, better protecting the runner from injury.

    Another significant difference is that peak tibial acceleration was greater outdoors than on the treadmill.

    “If we’re thinking about this notion of forces and accumulated forces it’s probably greater in an outdoor run than it is on the treadmill,” Devaney says.

    Using additional data collected during this study, the researchers have another publication forthcoming focused on motion capture data. These data provide information on how the runners were moving and what that can tell the researchers about injury risk.

    This research also has applications for cadets in ROTC programs and military members who frequently suffer from the same kinds of injuries as runners.

    “If we have ways to measure them out in the field, we are going to be better able to identify some of the culprits that are leading to these injuries and modify them,” Devaney says.

    As wearable technologies become better and more diverse, there will only be more opportunities to study people in real-world settings rather than only in the lab.

    “These increased forces are important for running-related injuries and our measurements on the treadmill are not necessarily synonymous with what we see in real-world application,” Devaney says. “[We’re] really encouraging researchers and clinicians to consider those differences and move toward the ability to measure people outdoors.”

    This work relates to CAHNR’s Strategic Vision area focused on Enhancing Health and Well-Being Locally, Nationally, and Globally.

    Follow UConn CAHNR on social media

    MIL OSI USA News

  • MIL-OSI USA: Charting Our Galaxy’s Extreme Center

    Source: US State of Connecticut

    Earth – our tiny blue dot in the galaxy – is approximately 26,000 light years away from a fascinating and active region of the Milky Way called the Central Molecular Zone (CMZ). This region holds clues about how stars are born, how energy moves through our galaxy, and maybe even some details about dark matter. 

    However, analyzing this area is challenging, because we do not have a clear top-down view of the Milky Way. UConn’s Milky Way Laboratory, headed by the Department of Physics Associate Professor Cara Battersby, present their comprehensive analysis and 3-dimensional top-down model of the CMZ in a series of four papers in the Astrophysical Journal 

    The CMZ is a region of extremes and complexity, but it is also the only CMZ we can study in detail.

    “We like to call the CMZ the way station of the galaxy: between gas that’s flowing in from the disc of the galaxy along dust lanes into the CMZ,” Battersby says. “That gas either remains in the CMZ and orbits around the center of the galaxy, where it sometimes forms stars, or it can travel onwards to the supermassive black hole at the center of the galaxy.”  

    One question Battersby is interested in learning more about is when the Milky Way’s supermassive black hole, called Sagittarius A, “feeds” or actively accretes material. As a galactic way station, the CMZ controls when and if those materials travel to the black hole. Making direct observations to answer this question is tricky because the CMZ is home to lots of gas, dust, and stars, along with the fact that we are very far away and can only see it from the side.

    “To understand how our own CMZ regulates this gas inflow, we need a top-down picture,” Battersby says. “We probably have hundreds of thousands of images of our galactic center, all in this sideways perspective. We can learn everything we want about these clouds, but if you don’t know which ones are flowing toward the black hole or which ones are orbiting, then you can’t really say anything about how the CMZ regulates this gas flow. We can do a better job of modeling the three-dimensional gas distribution.”  

    In this series of papers, Battersby’s research group takes all available evidence to measure and catalog aspects of the clouds in this region of the galaxy to create the best possible top-down three-dimensional view of the CMZ.  

    The first step was to compile a comprehensive catalog of structures in the CMZ and to measure their physical and kinematic properties, such as mass, radii, temperature, and velocity dispersion, described in papers one and two.

    With these comprehensive catalogs, the next two papers focus on the small-scale structures within the catalog, which are thought to be individual molecular clouds that may be the birthplaces of clusters of stars, says Battersby. The third paper was led by former post-doctoral fellow Daniel Walker and the fourth paper was led by current Ph.D. student Dani Lipman.

    The galactic center is very bright and emits light at many wavelengths, therefore, the properties of the molecular clouds give clues about their location within it. The researchers used different approaches to measure and determine which clouds are in front of or behind the galactic center.

    “These molecular clouds are places where stars form only when the gas is very dense and very cold, and much of the gas in the galactic center is hot and diffuse,” Battersby says. “These cocoons of cool, dense gas mean that when they’re in front of the galactic center, they absorb the bright light from the galactic center, and they look like shadows. On the other hand, if those clouds are behind the galactic center, then this light passes through, and the clouds don’t block that light at all.”

    The researchers developed new techniques to measure how much light is blocked by the molecular clouds with the assumption that if a lot of light is blocked, it is likely that the cloud is in front of the galactic center.

    “Papers three and four use two different techniques. Paper three focuses on radio wavelengths of light, and it focuses on the molecular clouds absorbing the radio wavelengths. Paper four focuses on infrared dust extinction and details a careful technique to measure the “shadow” based on the properties of the cloud, thereby quantifying the likelihood that it’s either in front of or behind the Galactic Center,” says Battersby.

    A far-infrared Herschel image of our Galaxy’s Central Molecular Zone (CMZ) reveals a bright and dense ring of molecular gas and dust encircling our supermassive black hole, SgrA*. This image reveals our view of the Galaxy’s Center as seen from Earth. Researchers in the 3-D CMZ project used these data, plus radio, infrared, and submilleter data to quantify the likelihood of each cloud being either in front of or behind SgrA*. Researchers then used these likelihoods to test current theories of the 3-D structure of our Galaxies center and to present a new model of the 3-D structure of the CMZ. This image shows Herschel data of the inner 7 degrees of the Galaxy, with red showing 350 micron emission, green 160 micron, and blue 70 micron emission. At the approximate distance of the Galactic Center, this image shows approximately the inner 1 kpc (or about 3,200 light years) while the CMZ itself is about the inner 550 pc (or about 1,800 light years). (Contributed image)

    Next, the researchers modeled what their data suggested was happening in the CMZ and compared that to existing models of what the galactic center may look like from the top down.

    There were three predominant models of what our galactic center may look like, and Battersby says the locations of the molecular clouds the group mapped vary quite a bit across the different existing models. By accounting for the dynamic movements of various clouds, the researchers found existing models lacked this complexity and more work is needed to study the flow of gas in the CMZ.

    “Paper three presented a new simple ellipse model that is a slightly better fit than the previous models. Dani Lipman is currently drafting paper five that presents a quantitative best-fit model of the top-down view of our Galaxy’s CMZ, which includes the release of public code so future researchers can continue to improve our top-down model of the CMZ as new data arrives.”

    Lipman says that paper five aims to combine any available data to determine the most likely position of a given cloud in front of or behind Sagittarius A*. These positions are then used to find a best fitting top-down model for the CMZ. The model is continually updated and improved as more data becomes available,

    “Modern science is wonderfully collaborative, so releasing our code is a huge part of engaging in the community and offering resources to new scientists and students who are eager to join in answering these questions,” says Lipman.

    This series of papers is a major step forward in understanding the 3-D structure of our Galaxy’s CMZ and enables researchers, like Battersby’s Milky Way Lab, to start answering pressing questions about our galaxy,

    “The CMZ provides ‘close’ access to extreme phenomena seen throughout the Universe, such as an accreting supermassive black hole, and star formation in a highly turbulent environment,” says Battersby. “Knowing the 3-D structure is essential to tracing flows towards the black hole as well as testing theories of star formation in an extreme environment, because you need to know where everything is in this dynamic environment.”

    This work is supported by the National Science Foundation through Award Nos. 1816715, 2206510, and CAREER 2145689. Further details, including a narrated guided tour of the CMZ, can be found on the 3-D CMZ project website

    MIL OSI USA News

  • MIL-OSI: Toobit Strengthens European Presence as Platinum Sponsor of Dutch Blockchain Week 2025

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Islands, May 19, 2025 (GLOBE NEWSWIRE) — Toobit, an award-winning cryptocurrency exchange, will be participating in the upcoming Dutch Blockchain Week 2025 (DBW25) happening from May 19 to 25 as a Platinum Sponsor. The exchange will also be hosting a booth happening at the event’s Dutch Blockchain Summit, which will be held at Amsterdam’s Meervaart Theater on May 21 and 22.

    DBW25 is one of Europe’s leading blockchain gatherings, bringing together industry leaders, developers, investors, and regulators to explore innovations in digital assets and decentralized technologies. Organized by the BCNL Foundation, the largest Web3 ecosystem in the Netherlands, the event will serve as a hub for collaboration and knowledge-sharing, showcasing the evolving role of blockchain technology in finance and beyond.

    “We’re excited to be part of Dutch Blockchain Week, where some of the most important conversations around blockchain technology take place,” said Mike Williams, Chief Communication Officer of Toobit. “We look forward to building on meaningful discussions and exploring new innovations and opportunities in the space.”

    Toobit’s participation in the event comes on the heels of its successful participation in Web3 Amsterdam earlier this year, where the exchange similarly took on the role of Platinum Sponsor. The cryptoasset exchange had then mentioned its burgeoning presence in the Netherlands, as well as its intent to reach out to physically meet and engage its collaborators within the European crypto ecosystem.

    Dutch Blockchain Week provides a key platform for discussing emerging trends in security, accessibility, and innovations in crypto trading. Toobit joins a global network of professionals shaping the future of digital finance, contributing to the industry’s ongoing evolution. At the event, Toobit will also showcase its latest trading solutions, explore partnerships, and connect with the broader blockchain community.

    For more information on Dutch Blockchain Week 2025, visit https://dutchblockchainweek.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/0ea5067d-f871-42b3-9943-971a00218907

    The MIL Network

  • MIL-OSI USA: Yellowstone’s thermal areas, by the numbers

    Source: US Geological Survey

    Yellowstone Caldera Chronicles is a weekly column written by scientists and collaborators of the Yellowstone Volcano Observatory. This week’s contribution is from R. Greg Vaughan, research scientist with the U.S. Geological Survey.

    In Yellowstone, it is often stated that there are more than 10,000 thermal features, including hot springs, geysers, mud pots, and fumaroles.  How do we know that?  Did someone count them?  Well, yes, but making a perfectly accurate count of unique thermal features is nearly impossible, partly because they are changing so frequently.  In the time it would take to map all of them, some would have died out and many new ones would have appeared.  For example, a newly formed fumarole was observed in the Roadside Springs Thermal Area in August 2024, and a newly emerging thermal area with multiple fumaroles was discovered near the Tern Lake thermal area in 2018.  There are also many thermal features that are located under Yellowstone’s lakes that are not included in any inventory. 

    Map of Yellowstone’s thermal areas. Inset commercial satellite images highlight thermal areas that are mentioned below: Sulphur Hills (©2022, Maxar, USG), Turbid Lake (©2022, Maxar, USG), and Lower Geyser Basin (©2015, Maxar, USG).  This work utilized data made available through the NASA Commercial SmallSat Data Acquisition Program.  We acknowledge the use of imagery from the SmallSat Data Explorer application (https://csdap.earthdata.nasa.gov), and Maxar’s NEXTVIEW End User License Agreement. 

    Geysers are a specific type of hot spring where an underground hot water reservoir and the characteristics of the plumbing system allow discrete, episodic eruptions of hot water at the surface.  There are only about 1,000 active geysers on Earth; about half of them are in Yellowstone!  According to Scott Bryan, in the 2008 edition of his book The Geysers of Yellowstone, there are at least 700 geysers in Yellowstone, with at least 500 that actively erupt; the remainder are dormant. 

    Most of Yellowstone’s more than 10,000 thermal features are clustered into about 120 distinct thermal areas and thermal water bodies.  A thermal area is a nearly continuous geologic unit that contains multiple thermal features; hydrothermally altered rocks and/or hydrothermal mineral deposits; heated ground and/or geothermal gas emissions; and that is generally barren of vegetation or has stressed/dying vegetation. A thermal water body is usually a lake, pond, or wetland area, that receives heated water from a nearby thermal area, nearshore thermal springs, or from underwater vents. 

    Assessment of Yellowstone’s thermal areas and thermal features comes from field observations, measurements from high-resolution airborne and commercial satellite images, and from quantitative analysis of Landsat 8 and 9 nighttime thermal infrared images. 

    Despite the impressive size of Yellowstone National Park (about 8,992 km2, or 2.2 million acres), the total surface area covered by thermal areas is only about 70 km2 (17,300 acres)—less than 1% of the park’s area. If you closed your eyes and randomly threw a dart at a map of Yellowstone, you are very unlikely to hit a thermal area!  The distribution of thermal areas can be seen in an updated map of Yellowstone’s thermal areas that was recently published after careful analysis of satellite remote sensing data and ground-based observations. 

    The Sulphur Hills Thermal Area, north of Yellowstone Lake, is the hottest thermal area in Yellowstone, with pixel temperatures in satellite images up to 46 °C (83 °F) above the background.  At Sulphur Hills, there is a large area of diffusely venting warm ground that is dotted with dozens of small, isolated fumaroles that are venting gases at 93 °C (200 °F, the boiling temperature at that elevation) right at the surface.  Thermal infrared images from satellite instruments like Landsat 8 and 9 have pixels that are about the size of a football field, which means they measure thermally mixed pixels that represent the average temperature of sub-pixel-scale features.  So, 46 °C (83 °F) above background is pretty hot.  Given the size of the area (0.69 km2, or 171 acres), its geothermal radiant power output is 40–70 MW (megawatts = 1 million watts). 

    View of Lower Geyser Basin. Note active thermal pools (Great Fountain Geyser) in the foreground with thermal grasslands—kept treeless by hot soils—and lodgepole pine forest in the distance. Photo by George Marler, 1959.

    Turbid Lake, also just north of Yellowstone Lake, is the largest lake in Yellowstone where a significant portion of the surface remains ice free even during the coldest winters.  This is due to thermal input from nearby springs and underwater vents. The lake is the remnant of a large hydrothermal explosion crater that is about 1 km (0.6 mi) across, and it has pixel temperatures up to 28 °C (50 °F) above background and a geothermal radiant power output of about 40–74 MW. 

    Lower Geyser Basin is the largest thermal area in the park—at 15.6 km2 (3,855 acres) it is slightly larger than the town of Gardiner, MT. Its hottest features have pixel temperatures up to 32 °C (58 °F) above background, and its geothermal radiant power output ranges from around 200 to more than 500 MW.

    Summing the estimated geothermal radiant power output for all the thermal areas in Yellowstone yields values that range from 1,500 to 3,100 MW.  To put this into context, 1 MW could power the average home in the U.S for about 1.2 months, or power an electric car for about 3,600 miles.  Scale this up by 1,500 or 3,100 times and you can appreciate the immensity of the Yellowstone geothermal system.

    MIL OSI USA News

  • MIL-OSI: MEXC Launches Pizza Day Lucky Wheel Event Offering Over $100,000 in BTC and Hot Tokens

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 19, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, has announced the launch of the Pizza Day Lucky Wheel event to celebrate Bitcoin Pizza Day. Bitcoin Pizza Day originated on May 22, 2010, when a programmer purchased two pizzas for 10,000 Bitcoins, marking the first real-world transaction using Bitcoin and symbolizing a key milestone in cryptocurrency’s practical application. In this event, users will have the opportunity to share over $100,000 in BTC and other hot tokens.

    Event Details

    The Pizza Day Lucky Wheel event runs from May 19, 12:00 to May 28, 2025, 12:00 (UTC).

    How to Participate

    • Register for the event on the official MEXC platform.
    • Complete the tasks listed on the event page to earn spin chances.
    • Spin the Wheel to win BTC, hot tokens, and other rewards.

    Bonus Offer
    Users who invite friends to join MEXC using a referral code can receive a 10 USDT token gift pack for each friend who registers and completes a task. Each referrer can earn up to five gift packs on a first-come, first-served basis. For more details and to participate in the Pizza Day Lucky Wheel event, please visit here.

    In addition to the Pizza Day Lucky Wheel event, MEXC has launched various regional events to celebrate Pizza Day, providing generous rewards. Details of these events can be found below:

    As a firm believer in the cultural value of crypto, MEXC actively promotes community engagement through creative, culturally inspired events. These initiatives enrich the user experience and help shape a more inclusive and participatory crypto ecosystem.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official WebsiteXTelegramHow to Sign Up on MEXC

    Source

    Contact:
    Lucia Hu
    lucia.hu@mexc.com

    Disclaimer: This is a paid post and is provided by MEXC. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. 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/a5d6bc55-13e5-4c09-8e0a-a6aeb1f78c18

    The MIL Network

  • MIL-OSI NGOs: Yemen: US air strike that has left dozens of migrants dead must be investigated

    Source: Amnesty International –

    A US air strike on a migrant detention centre in Sa’ada, north-western Yemen on 28 April killed and injured dozens of migrants and must be investigated as a violation of international humanitarian law, said Amnesty International today, amid reports that hundreds of people have been killed and injured as a result of US air strikes on Yemen since March 2025.

    According to satellite imagery analysis, the US attacks carried out on Sa’ada prison compound struck the migrant detention centre and another building on the site.

    Amnesty International spoke with three individuals who work with African migrant and refugee communities in Yemen.  Two of them, who had visited the migrant detention centre as well as two nearby hospitals, and their morgues in the aftermath of the air strike, confirmed witnessing evidence of a high number of casualties.  The organization also analysed satellite imagery and video footage of horrific scenes showing migrants’ bodies strewn across rubble and rescuers trying to pull badly wounded survivors from the debris.  

    “The US attacked a well-known detention facility where the Huthis have been detaining migrants who had no means to take shelter. The major loss of civilian life in this attack raises serious concerns about whether the US complied with its obligations under international humanitarian law, including the rules on distinction and precautions,” said Agnès Callamard, Amnesty International’s Secretary General.

    “The US must conduct a prompt, independent and transparent investigation into this air strike and into any other air strikes that have resulted in civilian casualties as well as those where the rules of international humanitarian law may have been violated.”

    The major loss of civilian life in this attack raises serious concerns about whether the US complied with its obligations under international humanitarian law, including the rules on distinction and precautions,

    Agnès Callamard, Amnesty International’s Secretary General

    Witnesses who visited the Republican hospital and al Talh General hospital in Sa’ada, told Amnesty International they saw more than two dozen Ethiopian migrants who sustained injuries including severe amputations and fractures. They also said that the morgues at the hospitals ran out of space to receive dead bodies, so casualties received from the air strike had to be stacked outside. The ICRC, whose staff were at the site in the immediate aftermath of the attack, also confirmed in a statement a high number of casualties, many of whom were migrants.

    Under international humanitarian law attacking forces have an obligation to do everything feasible to distinguish between military and civilian targets, to verify whether their intended target is a military objective and to cancel an attack if there is doubt.  When attacking a military objective, parties to a conflict must also take all feasible precautions to minimise harm to civilians in the vicinity. 

    If civilian harm is found to have occurred, victims and their families should receive full reparation for violations of international humanitarian law. Furthermore, if investigations find that there were direct attacks on civilians and civilian objects or indiscriminate attacks striking military targets and civilians without distinction and which killed or injured civilians, they should be investigated and treated as violations of internation law and potential war crimes.

    Amnesty International’s arms experts analysed photos of the remnants of the weapons used in the attack and identified fragments of at least two 250 pound precision-guided GBU-39 Small Diameter Bombs. US Central Command did not announce the target of the attack but a US defense official said they were assessing “claims” of civilian casualties in the strike, and conducting “our battle-damage assessment”. This assessment, including any conclusions related to civilian harm and efforts to respond to it, should promptly be made public.

    Satellite imagery showing Sa’ada prison compound before the US air strike © 2025 Planet Labs PBC
    Satellite imagery showing the site after the US air strike © 2025 Planet Labs PBC

    The US should have known Sa’ada prison was a detention facility, that has been used for years by the Huthis to detain migrants and that it was regularly visited by ICRC. They should also have known that any aerial attack could result in significant civilian harm.

     Amnesty also recalls that another detention facility within the same Sa’ada prison compound was hit by a Saudi-led coalition air strike on 21 January 2022, using a US-made precision guided munition, killing more than 90 detainees and injuring dozens. According to satellite imagery, since that strike in 2022 the Huthi de facto authorities have constructed additional buildings at that location, one of which was also struck on 28 April.

    Amnesty International was unable to conclusively identify a legitimate military target within the Sa’ada prison compound. Restrictions by the Huthi de facto authorities on independent investigations, including access to the second location struck on 28 April, limit our ability to fully investigate the attack, or to rule out the possibility that there were military objectives within the prison compound. Any attack that fails to distinguish between civilians and civilian objects on the one hand, and legitimate military targets on the other, even within the same compound, constitutes an indiscriminate attack and a violation of international humanitarian law.

     ‘Shock and horror on their faces’

    Amnesty International analysed dozens of videos and photos published by Huthi al Masira TV channel in addition to seven videos privately shared by one witness. This digital evidence showing bodies scattered in the rubble points to dozens of civilian migrant deaths and injuries in the air strike on the detention centre.

    The Huthi-run Ministry of Interior stated that, at the time of the attack, the detention facility was holding 115 African migrant detainees, of whom 68 were killed and 47 were injured.  If this number of casualties proves accurate, it would be the worst case of civilian harm in a single incident by the US military since an air strike in Mosul, Iraq in 2017.

    Amnesty International could not independently verify the death toll, nor speak to survivors or medical workers, due to the Huthis’ ongoing crackdown on civic space. Huthi officials have issued several statements and directives prohibiting people from sharing names, photos, or any information related to the US air strikes’ casualties on social media and other public platforms. Multiple people said they were afraid to speak out of fear of reprisal. In recent years, aid workers, journalists and activists have been detained by the Huthis and accused of espionage.

    Despite this, Amnesty International was able to speak, on condition of anonymity, with three individuals working with African migrant and refugee communities who said that all the migrant detainees held at this detention centre were Ethiopian, with the exception of one Eritrean.  

    One witness said he saw 25 injured migrants in the Republican hospital and nine in Al Talh General hospital in Sa’ada: “They suffered from different fractures and bruises. Some were in critical condition and two had amputated legs… The morgue in the Republican hospital was overwhelmed and there was no place left for tens of corpses that were still left outside the morgue for the second day.”

    Another witness who visited both hospitals and spoke to dozens of the injured Ethiopian migrants said:

    “They told me they were sleeping when they were hit with the first missile at around 4 a.m. in the morning (…) They said they woke up to find dismembered bodies around them. You could see the shock and horror on their faces. Some were still unable to speak because of the trauma.”

    On 27 April, a day before the attack, US Central Command announced it had struck over 800 targets in Yemen since 15 March and that they were intentionally limiting disclosing information about their operations for reasons of operational security.

    US Congress should ensure ongoing efforts to mitigate civilian harm

    Critical systems put in place in recent years building on work started under the first Trump Administration to reduce and better respond to civilian harm caused by US lethal actions abroad are under threat by the current Trump Administration. News outlets have reported that programs at the Defense Department focused on civilian harm mitigation and response are being gutted, and that the US President has rolled back constraints on commanders authorizing certain types of air strikes and special operations.  It has also been reported that Defense Secretary Pete Hegseth fired the top military lawyers responsible for ensuring compliance with international humanitarian law in military operations.

    “At a time when the US appears to be shrinking efforts aimed at reducing civilian harm by US lethal actions, the US Congress should play its oversight role and demand information on investigations to date on these strikes. Congress must further ensure that civilian harm mitigation and response mechanisms remain intact and robustly respond to this and other recent incidents,” said Agnès Callamard.

    Background

     Between November 2023 and January 2025, Huthi armed forces have targeted at least 74 commercial and military vessels in the Red Sea, the Gulf of Aden and the Indian Ocean, which they claimed were linked to Israel, the USA or the UK.

    US President Joe Biden began air strikes against the Huthis in 2024. The new wave of US strikes under the Trump Administration started on 15 March 2025 after the Huthis announced on 11 March that they would resume attacks on Israeli ships passing through the Red and Arabian seas in response to Israel blocking aid into the occupied Gaza Strip.

    Since 15 March, the Huthis have launched missiles and drones at the USS Harry S. Truman, an aircraft carrier stationed in the Red Sea. They have also resumed their attacks on Israel, striking near Tel Aviv’s Ben Gurion Airport on 4 May. Israel retaliated in May with air strikes including on Hodeidah port and Sana’a airport.

    On 6 May, the US announced it was ending its military campaign against the Huthis in Yemen.

    MIL OSI NGO

  • MIL-OSI United Kingdom: The impact of climate change is felt long before adulthood The key to understanding how climate change affects the local biodiversity might lie with the youth, scientists have recently discovered.

    Source: University of Aberdeen

    Close-up of an adult dragonfly, the Brown Hawker (Aeshna grandis), one of the European species featured in the new study. Researchers found that the traits developed during the dragonfly’s juvenile aquatic stage play a major role in shaping biodiversity patterns observed in the adults across Europe. Photo credit: Erland Refling NielsenThe key to understanding how climate change affects the local biodiversity might lie with the youth, scientists have recently discovered.
    A new study from the University of Aberdeen and McGill University Canada, and published in Global Ecology and Biogeography, has found that the impact of climate change on adult animals is strongly affected by the impact they experienced as juveniles.
    The scientists studied dragonflies, and found that, across Europe, the conditions in lakes, streams, and wetlands that shape the morphological diversity of aquatic juveniles (nymphs) are more important in explaining the diversity of terrestrial adults than conditions on land. These findings challenge conventional biodiversity models that focus only on the adult stage and provide a new framework for understanding the cascading effects of climate and habitat changes across life stages.
    Study author Dr Lesley Lancaster from the University of Aberdeen’s School of Biological Sciences said: “This is a really important study, as many predictions for how climate might impact diversity are based on observations of adult stages, because these tend to be more active, visible, and larger. However, we find that the observed climate impacts are actually largely indirect consequences of processes impacting juveniles – but we did find that direct impacts of climate on adults becomes more important at higher latitudes.

    This is a really important study, as many predictions for how climate might impact diversity are based on observations of adult stages, because these tend to be more active, visible, and larger.” Dr Lesley Lancaster

    Lead author Dr. Lars L. Iversen, from McGill University, added: “This is really useful going forward, as the results will provide a new general rule to guide how biodiversity scientists forecast climate responses – depending on juvenile or adult characteristics. The results can also help members of the public to understand how life stage is important in driving climate responses.
    “Finally, scientists and policy makers will be able use the data to determine whether they should target juveniles or adults for active climate adaptation and mitigation practices.”
    The study was funded by the Natural Sciences and Engineering Research Council of Canada, the Federal Ministry of Education and Research (Germany), and the Leibniz Association.

    MIL OSI United Kingdom

  • MIL-OSI China: ‘China Travel’ trending amid visa, tax policy boost

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

    BEIJING, May 19 — China’s optimized visa and tax refund policies have given a boost to inbound tourism, fueling the trending of “China Travel” globally, officials said.

    Speaking on the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency, Liu Jia, an official with the National Immigration Administration, highlighted that the updated visa-free policies have waived procedures and reduced time and financial burdens for foreign travelers, making it easier to visit China.

    China has introduced a slew of policies to facilitate inbound travel since 2023. Major steps taken included expanding mutual visa exemptions and unilateral visa-free access, and extending visa-free entry stay for international visitors.

    As of now, China has established comprehensive mutual visa exemptions with 29 countries, implemented unilateral visa-free policies for 38 countries, and transit visa-free policies for 54 countries including Britain, the United States and Canada.

    Tax refund schemes for international travelers have been optimized as well. While allowing foreign shoppers to instantly claim tax rebates at tax-free stores, China has also lowered the minimum purchase threshold for refunds, raised the cash refund ceiling and widened the range of products available.

    Speaking on the roundtable, Shi Zeyi, an official with the Ministry of Culture and Tourism, said that with continuous improvements in visa, payment and tax policies, “China Travel” has demonstrated robust recovery momentum and broad growth prospects.

    Last year, China recorded 132 million inbound trips, with total tourism spending reaching 94.2 billion U.S. dollars, recovering to 97.2 percent and 93.5 percent of 2019 levels, respectively, according to Shi.

    Liu noted that the influx of foreign visitors has spurred consumption across sectors such as hospitality, retail and cultural services, contributing to the growth of the service trade and attracting foreign investment.

    These updated policies are evidence of China’s commitment to opening up, Liu said, adding that they could help foster deeper cultural understanding between China and the international community, breaking stereotypes held by some countries.

    “First-hand experience can help dispel misunderstandings and biases, enabling the world to see, feel and recognize an open, inclusive, prosperous, stable and safe China,” Liu said.

    MIL OSI China News

  • MIL-OSI Europe: Holy See Press Office Communiqué: Audience with the Vice President of the United States of America

    Source: The Holy See

    Holy See Press Office Communiqué: Audience with the Vice President of the United States of America, 19.05.2025

    This morning, Monday 19 May 2025, His Holiness Leo XIV received in audience the Vice President of the United States of America, the Honourable James David Vance, who subsequently met with His Excellency Archbishop Paul Richard Gallagher, Secretary for Relations with States and International Organizations.
    During the cordial talks held at the Secretariat of State, satisfaction at the good bilateral relations was reiterated, and the collaboration between Church and State was discussed, as well as some matters of special relevance to ecclesial life and religious freedom.
    Finally, there was an exchange of views on some current international issues, calling for respect for humanitarian law and international law in areas of conflict and for a negotiated solution between the parties involved
    From the Vatican, 19 May 2025.

    MIL OSI Europe News

  • MIL-OSI: Gate Introduces Brand New Domain Gate.com and Brand Logo, Advancing Toward the “Next-Generation Crypto Exchange”

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, May 19, 2025 (GLOBE NEWSWIRE) — Gate, a global leading cryptocurrency trading platform, has officially adopted the new international domain Gate.com and unveiled a redesigned brand logo, marking a significant milestone in the platform’s evolution. This strategic move aims to unify brand identity, strengthen global presence, and enhance user trust, heralding a new chapter in Gate’s development. The upgrade follows Gate’s 12th anniversary celebrations and aligns closely with the platform’s newly articulated vision, unveiled at its global event in Dubai, to become the “next-generation crypto exchange”. It signifies a transformative leap from industry leadership to innovation leadership, and from technical excellence to global strategic expansion.

    Previously, Gate also adopted a new Chinese name “Damen” ( 大门, meaning “The Gate”), symbolizing an open gateway to the future of crypto for users worldwide. The unified refresh of domain and logo reflects the platform’s commitment to inclusivity and signals the beginning of a new chapter in building a trusted, globally connected crypto ecosystem.

    Brand Refresh: From Visual Upgrade to Strategic Evolution

    As a pioneer in the crypto industry, Gate has focused on building a secure, compliant, and innovative digital asset trading ecosystem since its founding in 2013. Today, the platform serves over 23 million users worldwide, supports trading in over 3,800 cryptocurrencies across spot, futures, leverage, and financial products, ranking Top 3 globally by comprehensive strength. It was also among the first exchanges to implement zero-knowledge proof (ZKP) technology to verify reserve transparency, ensuring 100% verifiability of platform assets. According to its latest proof-of-reserves report, Gate’s total reserves exceed $10.865 billion, with a reserve ratio of 128.57%.

    This brand overhaul not only elevates Gate’s visual identity but also marks a critical step in its global outreach strategy. The new domain Gate.com is concise, highly recognizable, and globally intuitive, enhancing user perception of the platform’s professionalism and credibility. The newly designed logo adopts a modern, minimalist aesthetic that encapsulates Gate’s core principles of “trust as the foundation”, “technological innovation”, and “continuous evolution”, representing a comprehensive upgrade in technology, ecosystem, and compliance.

    In addition, Gate Group’s global platform Gate, along with all its locally licensed entities, Gate Japan, Gate Dubai, and Gate Europe, will adopt the unified brand name “Gate”. The brand upgrade presents a cohesive global identity and further strengthens Gate’s professional image and international influence as a leading global exchange.

    Strategic Leap: Building the “Next-Generation Crypto Exchange”

    Beneath the surface of this brand transformation lies a bolder strategic ambition. On April 30, at Gate’s 12th Anniversary Global Celebration in Dubai, Founder and CEO Dr. Han introduced the vision to build the “next-generation crypto exchange”. This strategy emphasizes transformative growth across three core pillars:

    • Technology-Driven Innovation: Continuously upgrading the trading experience through iterative product development and breakthroughs in underlying technologies.
    • Global Compliance: Establishing a robust global compliance network backed by licenses and regulatory approvals in multiple jurisdictions, strengthening industry credibility.
    • Ecosystem Integration: Expanding from trading to encompass Web3, infrastructure, and investment services, building a closed-loop digital economy.

    Gate’s mission is to continuously enhance its offerings with a professional, secure, and open approach, aiming to become a foundational infrastructure for the global digital economy and to provide future-ready, trustworthy digital asset services to users worldwide.

    Global Compliance Footprint: Expanding with Purpose

    Gate Group places strong emphasis on a “compliance-first” strategy, steadily advancing its global regulatory presence. In recent years, its various entities have obtained or completed regulatory registrations, licences, authorizations, or approvals across various jurisdictions, such as Lithuania, Argentina, Malta, Italy, Bahamas, Gibraltar, and Hong Kong.

    In 2024, Gate Group’s entity completed the acquisition of Japan-licensed exchange Coin Master, further consolidating its compliance footprint in the Asia-Pacific region. Most recently, Gate Technology FZE (“Gate Dubai”), an entity of Gate Group, recently received a full operational license from Virtual Asset Regulatory Authority (VARA) in Dubai. The license authorizes Gate Dubai to offer crypto asset trading services to institutional investors, qualified investors, and retail users, marking a major milestone in its expansion into the MENA region and global markets. It is a testament to its long-standing commitment to security, transparency, and user protection.

    With parallel advancements in technology innovation, user experience, ecosystem expansion, and global compliance, Gate is evolving from a top-tier trading platform into a trusted global digital finance ecosystem. The launch of the Gate.com domain and refreshed logo represents more than a brand update—it is a declaration of Gate’s long-term commitment and vision for the global user community. Looking ahead, Gate remains firmly committed to its development principles of user-first, technological innovation, and global compliance, and will continue to work alongside users, developers, and partners worldwide to shape a safe, open, and sustainable crypto future.

    Media Contact:
    Elaine Wang at elaine.w@gate.io

    Disclaimer:
    The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/legal/user-agreement.

    Disclaimer : This is a paid post and is provided by Gate. 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/3cbdb202-bb7b-4591-9a4b-38ccd1e83c12

    The MIL Network

  • MIL-OSI New Zealand: Legal News – Former NZ Associate Minister Of Foreign Affairs Calls On NZ Government To Uphold International Law Over US Designation of Cuba

    Source: Hon Matthew Robson

    Former NZ Associate Minister Of Foreign Affairs, Hon Matt Robson, has called on the New Zealand Government to uphold International Law.

    “New Zealand prides itself on being in the forefront of countries supporting the international rule of law and not the international rule of might ”, said former Associate Foreign Minister in the Helen Clark government, the Hon Matt Robson.

    “To uphold this principled position Foreign Minister, the Hon Winston Peters, must strongly condemn the US action of placing Cuba on its “List of Non-Cooperative Terrorism countries.

    “This illegal act is a further breach of international law alongside the ever-tightening unilateral sanctions on Cuba, in place since 1960, which have been condemned as illegal by an overwhelming vote in the UN General Assembly, including that of New Zealand vote” said the Hon Matt Robson.

    “Cuba is recognised by the UN for its commitment to anti-terrorism measures. The irony is that it has been the United States that has supported terrorism against Cuba from the attempted assassination of its leaders, military invasions ,economic sabotage to the bombing of a Cuban airliner and protection in the US of the culprits.”

    “Cuba is renowned not for terrorism but for sending medical professionals to the poorest countries of the world since 1960, training doctors in Cuba from those countries, including many from Pacific nations, and during Covid providing specialist health personnel, including to developed Italy , to world acclaim”.

    “The Hon Winston Peters should place New Zealand on the side of the vast majority of countries supporting international law and condemn the United States for its illegal persecution of a developing country,” Hon Matt Robson said.

    MIL OSI New Zealand News

  • MIL-OSI: Psychics Near Me: Best Psychics, Mediums, Tarot Card Readers Near Me In 2025

    Source: GlobeNewswire (MIL-OSI)

    Las Vegas, Nevada, May 19, 2025 (GLOBE NEWSWIRE) —

    The psychic experts, a trusted online platform for spiritual insights and guidance, has officially launched its 2025 rankings of the best psychics, mediums, and tarot card readers near you. The company has unveiled a comprehensive new resource to help users easily find top-rated psychic services in their area in response to growing global demand for hyper-local, high-quality psychic readings. 

    ⇒ Find the best psychics, mediums, and tarot readers near you!

    With thousands searching each month for “psychics near me,” “medium readings near me,” and “tarot reading near me,” the psychic experts have developed a location-based guide that connects seekers with vetted, real psychics and tarot experts, including those offering in-person, virtual, and phone-based readings. The rankings are part of the company’s mission to help people access accurate, trustworthy spiritual guidance no matter where they are.

    ⇒ Get real answers with a top-rated psychic reader near you

    This new feature comes in response to a growing trend: more people than ever are turning to local psychic reading services for clarity in love, career, health, grief, and spiritual awakening. From New York to Los Angeles, Chicago to Houston, and even globally, search terms like “psychics near me,” “medium reading near me,” and “tarot card reader near me” have surged. Recognizing this need, the psychic experts now offer a city-by-city breakdown of real psychics near you, each evaluated for their abilities, accuracy, experience, and client satisfaction.

    ⇒ Schedule a session with the best psychic near you!

    Unlike generic directories or review sites, The-Psychic-Experts.com’s platform is curated by experienced psychic researchers, offering newcomers and returning clients a reliable, transparent resource for spiritual support. All listed practitioners are selected based on reading accuracy, customer ratings, spiritual credentials, and specialization areas—including tarot card readings, clairvoyant sessions, mediumship, love psychics, pet psychics, and astrology.

    With this 2025 launch, users can now browse listings by category and location, making it easier to find:

    • Tarot card reading near me
    • A clairvoyant medium near me
    • Spiritual medium near me
    • Best psychic near me with genuine reviews
    • Accurate psychic readings in my area

    Whether you’re seeking insight from a psychic reader near you for the first time or want a deeper connection with a spiritual medium near you, this tool is designed to bring clarity, comfort, and authenticity to your spiritual journey, anywhere in the world.

    ⇒ Find trusted psychics near me for real answers today!

    Why More People Are Searching for Psychic Readings Near Them in 2025

    In 2025, the demand for psychic readings near me has skyrocketed—both online and in person. This trend reflects more than just curiosity. In today’s fast-paced world, people seek grounded guidance, emotional clarity, and a sense of connection beyond what traditional support systems offer. 

    Whether it’s navigating relationships, coping with grief, planning for the future, or unlocking personal growth, more individuals are seeking out psychics, mediums, and tarot readers near them for meaningful insight.

    ⇒ Looking for clarity? Talk to verified psychic mediums near me

    The Shift from Skepticism to Self-Discovery

    Once dismissed as fringe or taboo, psychic readings have found mainstream appeal. Millennials and Gen Z, in particular, are redefining spirituality, moving away from rigid belief systems and embracing personalized, intuitive approaches to wellness. This generation prioritizes self-awareness, energy healing, and emotional intelligence—areas where spiritual mediums and psychic readers near them play a key role.

    Many people no longer see psychic consultations as a last resort, but rather as a complementary tool alongside therapy, coaching, or mindfulness practices. It’s now common to hear someone say, “I just had a tarot reading near me that completely changed how I view my career path.”
    ⇒ Explore your destiny with guidance from the best psychics near you!

    Real Psychics for Real-Life Decisions

    One primary reason people are Googling “psychics near me” is the desire for authentic, real-time guidance from someone they can meet face-to-face or talk to directly. While online readings remain convenient and popular, there’s something powerful about being physically present with a clairvoyant medium near you who can read your energy, body language, and spiritual aura in real time. Psychic consultations are especially popular during life transitions or emotional uncertainty. 

    The top reasons people book medium readings near them in 2025 include:

    • Love and relationships: Will they come back? Are they the one?
    • Career clarity: Should I change jobs? Am I on the right path?
    • Family and fertility: Am I ready for parenthood? What does the future hold?
    • Loss and grief: Is there a message from a loved one who passed?
    • Spiritual awakening: What’s my purpose? What’s next for my soul?

    ⇒ Discover life-changing insights with a medium physics near me

    Local Psychic Access Offers Trust and Personal Connection

    Trust is another key factor behind the rise of “best psychic near me” searches. People want an honest, vetted professional they can see in their community, or at least know a faceless app or unverified platform is not scamming them.

    When users search for a psychic reader near me or a medium psychic near me, they’re not just looking for convenience. They want credibility, warmth, and a genuine connection. Many report feeling more comfortable engaging in deep conversations or emotional healing sessions with someone nearby who understands their local culture, energy, or even astrology based on location.

    • It is especially true for specific needs like:
    • Pet psychic near me services for animal communication
    • Spiritual medium near me sessions to connect with loved ones who’ve passed
    • Tarot card readings near me for visual, symbolic answers

    ⇒ Find spiritual clarity with a top-rated psychic near me

    A Return to Spiritual Community

    In-person psychic readings also gain momentum because they reconnect people with community spaces—local spiritual centers, wellness clinics, or independent psychic shops. These places offer more than a service; they’re sanctuaries for healing and self-discovery.

    Even those booking tarot readings near them out of casual interest often leave surprised at how grounded and accurate the insights feel. Word-of-mouth, online reviews, and increased visibility on platforms like The-Psychic-Experts.com are helping these local readers reach the right audiences.

    How The-Psychic-Experts.com Evaluates Psychics and Mediums Near You

    As demand for psychics near me and tarot readers near me continues to rise in 2025, not all services are created equal. With so many spiritual advisors available both online and locally, The-Psychic-Experts.com has taken on the mission of helping users find real psychics and trustworthy readers, without falling victim to misleading claims or unverified listings.

    Our editorial team has developed a rigorous vetting process to identify the best psychics, mediums, and tarot card readers near you based on authenticity, accuracy, ethics, and value. Here’s how we evaluate every psychic listed in our rankings and recommendations.

    ⇒ Book now: Trusted psychics and tarot readers  near you are available today

    1. Verified Authenticity & Spiritual Gift

    The foundation of every great psychic reading is authenticity. The psychic experts prioritize psychic mediums near you who demonstrate genuine spiritual gifts—empaths, clairvoyants, intuitive healers, or experienced tarot interpreters.

    We look for signs of real ability and integrity, such as:

    • Natural psychic intuition (clairvoyance, clairaudience, clairsentience)
    • Mediumship training or experience channeling spirits
    • Consistent, verifiable results from past readings
    • Ethical spiritual guidance rather than fear-based tactics

    We never list readers who make dramatic or exaggerated claims, use manipulative language, or promise specific outcomes (like marriage or wealth) in exchange for repeat bookings. Only real psychics with grounded intuition and spiritual clarity make it into our recommendations.

    ⇒ Schedule a session with the best psychic near me

    2. Accuracy and Reading Depth

    No two psychics are the same. Some excel at love readings, others offer profound insights into the afterlife, while others help clients realign their energy or tap into future timelines. Regardless of the method, accuracy is key.

    We test readings for:

    • Relevance and personal resonance
    • Emotional clarity and confidence
    • Specificity over generalizations
    • Alignment with past experiences or future events

    Whether you’re looking for a clairvoyant medium near you or want a tarot spread to confirm your gut instinct, we look for practitioners whose insights hit home and create meaningful “aha” moments.

    ⇒ Want honest answers? Connect with a trusted psychic reader near me

    3. Transparent Pricing & Accessibility

    Many people searching for a psychic reader near them are turned off by hidden fees, unclear session lengths, or vague pricing structures. The psychic experts only list psychics who are upfront about their rates, refund policies, and session formats.

    We favor psychics who offer:

    • Transparent per-session or per-minute pricing
    • Clear booking systems and appointment availability
    • Free or low-cost introductory readings
    • Options for both virtual and in-person sessions

    We believe that psychic guidance should be accessible, not overpriced or exclusive. It is especially important for those seeking help with grief, mental health challenges, or relationship crises.

    4. Consistent Reviews & Testimonials

    We analyze real customer testimonials to evaluate each psychic’s effectiveness and trustworthiness. From Google reviews to online forums and user feedback submitted directly to us, we consider the lived experience of actual clients.

    Key indicators we look for:

    • Long-term satisfaction and loyalty
    • Clients returning for follow-up sessions
    • Reviews highlighting specific and actionable insights
    • Emotional impact: readers who truly help people heal or move forward

    We pay attention if a tarot reader near you consistently receives positive praise for helping people find peace, make bold decisions, or reconnect with loved ones.

    ⇒ Ready for a life-changing session? Connect with the best psychic readers near you!

    5. Area of Specialization

    Some seekers want a general reading. Others are looking for pet psychics near them, spiritual mediums near them, or experts in past-life regression, crystal healing, or energy clearing.

    We categorize psychics by:

    • Reading type (tarot, astrology, energy work, clairvoyance)
    • Life focus (love, career, grief, fertility, soul path)
    • Service format (in-person, video call, text-based)

    It ensures that visitors to the psychic experts don’t waste time scrolling through irrelevant listings, and can find the best psychic near them based on what they truly need.

    A Trusted Filter in a Noisy Market

    The world of psychic readings near me can feel overwhelming, but with the psychic experts, you get clarity. Our editorial team carefully reviews every listing, which is backed by ethical standards, consistent accuracy, and client-centered value.

    ⇒ Start your search for the best psychic, tarot reader, or medium near you today

    Types of Psychic Readings You Can Find Near You in 2025

    As more people seek spiritual guidance and clarity in 2025, the demand for local psychic services has diversified. Whether you’re searching for psychic readings near me, a clairvoyant medium near me, or a tarot reader near me, it’s essential to know what types of readings are available—and how each can offer unique insights into your life.

    At the psychic experts, we categorize the most popular and effective psychic reading styles to help you find the right spiritual advisor near you based on your personal needs, questions, and goals.

    ⇒ Get real answers with a top-rated psychic reader near me

    1. Tarot Card Readings

    Tarot remains one of the most accessible and accurate forms of spiritual guidance. Local tarot card readers near you can interpret symbolic spreads to clarify the past, present, and future. Whether facing a relationship dilemma, career crossroads, or emotional block, tarot mirrors your subconscious.

    Benefits of a tarot reading:

    • Answers to specific questions
    • Symbolic insight into hidden emotions
    • Forecasting potential outcomes
    • Confirming gut feelings

    Look for readers who offer tarot readings near me with structured spreads (like Celtic Cross or Past-Present-Future) and interpret them with intuition and training.

    ⇒ Book your session with a top-rated tarot card reader near you

    2. Mediumship (Spirit Communication)

    If you’re grieving the loss of a loved one or feel the presence of spirits, a psychic medium near you can help bridge the gap between this world and the next. Mediums channel messages from deceased souls, ancestors, or spiritual guides, often bringing closure and peace.

    • What a medium can help with:
    • Healing unresolved grief
    • Receiving messages from loved ones
    • Validating spiritual signs or dreams
    • Connecting with ancestors

    Medium readings can be highly emotional and deeply personal. Seek medium readings near you from professionals with a respectful, grounded approach—not sensationalism.

    ⇒ Local answers await—find a psychic medium near me

    3. Clairvoyance and Intuitive Readings

    Clairvoyant psychics near you receive visual impressions about people, places, or events. These images can relate to your past, present, or future. Clairvoyants often provide fast, insightful answers without using tools like tarot or astrology.

    Types of intuitive abilities include:

    • Clairvoyance (clear seeing)
    • Clairaudience (clear hearing)
    • Clairsentience (clear feeling)
    • Claircognizance (clear knowing)

    Many psychic mediums near me blend clairvoyance with other gifts to provide a multi-layered, accurate psychic reading experience.

    4. Astrology-Based Readings

    An astrology reading offers profound insight into your personality, path, and timing. While not all astrologers identify as psychics, many psychic readers near you incorporate astrological tools to enhance their accuracy.

    • Astrology can help with:
    • Understanding your birth chart
    • Timing key events (career moves, marriage, travel)
    • Relationship compatibility
    • Life purpose and karmic lessons

    You can search for spiritual mediums near me who specialize in astrology, or get a reading based solely on your planetary alignments.

    ⇒ Connect instantly with a gifted psychic near me!

    5. Pet Psychic Readings

    Yes, even your pets can benefit from intuitive insight. Many pet psychics near you can tune into your animal companion’s energy to uncover emotional, physical, or behavioral issues.

    A pet psychic reading might include:

    • Understanding unusual behavior
    • Tuning into your pet’s emotional state
    • Communicating with lost or deceased pets
    • Supporting pet transitions (illness, end of life)

    If your pet is struggling, a real psychic near you who specializes in animals can provide compassionate clarity.

    ⇒ Find healing with a genuine pet psychic near me

    6. Energy Healing & Aura Readings

    Energy-based sessions, such as Reiki, chakra balancing, and aura readings, are increasingly popular. Practitioners help clear emotional blocks, realign your energy field, and promote spiritual healing.

    Benefits of energy sessions:

    • Releasing trauma
    • Raising vibration
    • Supporting mental and physical health
    • Enhancing clarity and intuition

    Search for psychic mediums near me or spiritual healers near me with training in energy medicine or metaphysical therapy.

    ⇒ Navigate your path with a verified psychic near me

    Choosing the Right Type of Psychic Reading

    With so many options available, choosing the right type of reading depends on your intention. Are you grieving? A medium might be ideal. Feeling uncertain about a decision? A tarot reader could help. Want to explore your cosmic blueprint? Try astrology.

    Whatever your path, the psychic experts simplify the process by curating the best psychic, tarot, and medium readers near you, based on your location and specific needs.

    Find the correct type of psychic reading near you today

    How to Choose the Right Psychic Near You

    In 2025, the demand for intuitive guidance is booming—but with so many local options available, how do you know which psychic near you is truly trustworthy, accurate, and aligned with your needs?

    At the psychic experts, we aim to help you make informed and confident choices. Whether you’re searching for a tarot reader near me, a medium near me, or a clairvoyant psychic reading near me, this guide will walk you through the steps to choosing an honest, reliable, and insightful psychic in your area.

    1. Know Your Intention First

    Before searching for the best psychic near me, get clear on what you want from your session. Are you looking for:

    • Clarity about a relationship or career?
    • Closure after the loss of a loved one?
    • Insight into the future?
    • Spiritual healing or chakra alignment?

    Your intention will determine which type of reader you need—whether that’s a tarot expert, a spiritual medium, or an energy healer. Knowing what you’re looking for helps you avoid vague or unhelpful sessions.

    ⇒ Find trusted psychics near me for real answers today

    2. Search for Specialists in Your Area

    The best psychics are not generalists. They tend to specialize in one or two key areas, such as:

    • Tarot card interpretation
    • Mediumship/spirit communication
    • Clairvoyance
    • Astrology
    • Pet communication
    • Energy healing

    Use filters on the psychic experts platform to search for psychics near me by category. It ensures you’re not only booking someone nearby, but someone equipped to handle your unique concern.

    ⇒ Discover the most gifted tarot reader near me

    3. Read Real Reviews and Testimonials

    Client feedback is one of the fastest ways to spot a gifted psychic medium near you. Look for:

    • Authentic testimonials that describe specific insights or outcomes
    • Consistent praise for empathy, clarity, and accuracy
    • Mentions of life-changing guidance, not just vague or general advice

    Avoid listings that seem too perfect or copied and pasted. At the psychic experts, we publish verified user reviews so you can find real psychics with a track record of trusted service.

    4. Pay Attention to Energy and Connection

    Even the most skilled psychic might not be the right fit if you don’t feel a sense of connection. A powerful reading requires trust and energetic alignment. Consider:

    • How do you feel during your first interaction—calm, open, or uncomfortable?
    • Does the psychic take time to listen to your concerns?
    • Are they explaining the process clearly, or jumping to conclusions?

    If it doesn’t feel right, trust your intuition. You deserve a psychic reader near you who respects your energy and your journey.

    ⇒ Explore highly rated mediums and psychics near me

    5. Look for Transparency in Pricing and Process

    Trustworthy psychics will always be upfront about:

    • Session duration
    • Reading format (phone, in-person, chat, etc.)
    • Pricing or packages
    • What’s included (e.g., number of questions, tools used)

    Be cautious of hidden fees or pressure to extend sessions. The psychic experts features listings from psychic readers near me with complete transparency—no fine print, no hidden agendas.

    6. Avoid Red Flags and Scams

    Unfortunately, the psychic industry is not without fraud. Watch out for:

    • Claims of curses or bad energy that only they can remove, for a hefty fee
    • Requests for personal or financial information
    • Fear-based language or pressure tactics
    • Lack of reviews, vague bios, or unverifiable claims

    Always cross-reference with our database of vetted professionals at the psychic experts to avoid scams and ensure you’re connecting with authentic psychics near you.

    7. Start with a Short Session First

    If unsure, book a 15–30 minute introductory session with a psychic before committing to something longer. A good reader won’t rush, pressure, or overwhelm you—they’ll focus on clarity, connection, and compassion.

    ⇒ Talk to verified psychic mediums near me

    Trust Your Intuition and Resources

    Ultimately, the best psychic isn’t just someone with powerful gifts—someone who resonates with your spirit, listens deeply, and empowers you. With the help of the psychic experts, finding the best psychic reading near you in 2025 has never been more accessible, transparent, or transformational.

    Find the Right Psychic Near You in 2025 — Trust Your Path Forward

    In 2025, the demand for intuitive guidance is stronger than ever. Whether seeking clarity in love, healing from loss, or simply curious about your future, connecting with the best psychic near you can bring powerful insight and peace of mind.

    ⇒  Discover trusted psychics and tarot experts near you!

    But not all psychics are created equal. That’s why the psychic experts is committed to helping you find honest, trusted, and accurate psychic readers near you, with zero guesswork.

    Our expert team has spent years curating the most comprehensive guide to psychic readings near me, highlighting gifted mediums, tarot readers, clairvoyants, and pet psychics across the U.S. Whether you prefer in-person sessions or online convenience, you’ll find thoroughly vetted professionals who are committed to helping you grow, heal, and evolve.

    From spiritual mediums and intuitive coaches to tarot card experts and clairvoyant visionaries, the path to self-discovery starts with one decision: trusting your gut and taking the first step.

    Ready for a real psychic reading near you?
    Click below to explore the most trusted psychics, mediums, and tarot readers near you — all handpicked by the team at The-Psychic-Experts.com:

    • Find the Best Psychic Near You Now
    • Search Mediums & Spiritual Advisors by Location
    • Discover Top Tarot Card Readers Near You
    • Book a Pet Psychic Reading Near You

    Whether you’re ready for your first session or looking to connect with a new trusted guide, let the psychic experts be your compass to the most accurate psychic readings near you in 2025 and beyond.

    ⇒ Connect with accurate psychic readers and discover what lies ahead!

    What to Expect from Your First Psychic Reading Near You

    Whether seeking closure, direction, or validation, your first experience with a psychic, medium, or tarot card reader can be deeply transformative. Here’s what you should know to make the most of it:

    1. Come with an Open Mind — and a Purpose

    Most first-time clients find that the more open and intentional they are, the more resonant their reading becomes. You don’t need to “believe” in anything specific — simply come with curiosity and respect for the process. Having a few thoughtful questions in mind (e.g., “What energy surrounds my current relationship?” or “What do I need to understand about my career path?”) can help direct the session.

    2. Choose the Right Psychic for You

    Not every psychic is the same — some specialize in mediumship (connecting with passed loved ones), others in intuitive counseling, tarot cards, numerology, or energy healing. Sites like the psychic experts help match users with verified psychic readers near them based on expertise, reviews, and spiritual approach. Trust that instinct if you feel drawn to a particular type of reading.

    ⇒ Get clarity on your next move with a trusted psychic reading!

    3. The Reading May Not Be What You Expect (And That’s Okay)

    Many people enter a reading hoping to hear specific words or names. But the best psychic readings often reveal unexpected truths or gentle nudges that become meaningful in hindsight. Look for signs, symbols, or emotions that strike a chord — even if they don’t immediately make sense.

    4. Ask Clarifying Questions During the Session

    Don’t hesitate to ask for clarity if something confuses you during the reading. A genuine psychic will appreciate your engagement and work with you to ensure the message is understood. The process is meant to be collaborative, not cryptic.

    5. Post-Reading Reflection Is Part of the Process

    Many clients report that the full impact of a psychic reading unfolds over time, sometimes days or weeks later. After a session, journaling your thoughts and emotions can help you process the information and tune into your inner wisdom.

    Why More People Are Searching “Psychics Near Me” in 2025

    Spiritual wellness is becoming a bigger part of holistic self-care. 2025 has seen a surge in interest in psychic readers near me, especially as more people seek purpose, healing, and personalized insight in uncertain times. Thanks to platforms like the psychic experts, it’s never been easier to connect with trusted psychics and mediums near you, without the guesswork.

    ⇒ Find your true direction with help from top psychics!

    FAQs 

    With more people turning to spiritual guidance in 2025, it’s natural to have questions about how to find the best psychic near me, what to expect in a session, and how to avoid scams. 

    Here are the most frequently asked questions, answered by the team at the psychic experts, your trusted source for real psychics near you.

    How do I know if a psychic near me is real?

    Real psychics don’t guarantee lottery numbers or promise to solve all your problems instantly. Instead, they offer insight, clarity, and emotional resonance. Look for:

    • Verified reviews from local clients
    • Clear, respectful communication
    • No pressure tactics or upselling
    • Transparent pricing and services

    At the psychic experts, every psychic listed goes through an in-depth vetting process to ensure you’re connecting with authentic psychic readers near you.

    Are in-person readings better than online psychic readings?

    Not necessarily. While some prefer the personal feel of a face-to-face session, online psychics can be just as accurate — and often more convenient. Energy doesn’t rely on physical presence. Whether chat, video, or phone, many top-rated psychics near me now offer digital services with the same level of insight.

    What’s the difference between a psychic and a medium?

    A psychic reads your energy to gain insight into your life path, emotions, and future. On the other hand, a medium connects with spirits, often communicating with loved ones who have passed.

    If you’re looking for closure or messages from the other side, search for a medium near you. A psychic reading near me is ideal for guidance in love, career, or spiritual growth.

    Can I find a tarot reader near me for a specific question?

    Absolutely. Tarot card reading near me is one of the most popular requests on the psychic experts. Tarot is especially practical for focused questions like:

    • “Is this relationship worth pursuing?”
    • “What’s blocking me from financial growth?”
    • “What energy should I embrace right now?”

    Many tarot readers near you offer 15- or 30-minute sessions for targeted clarity.

    How much should I expect to pay for a psychic reading near me?

    Prices can vary depending on the psychic’s experience and specialty. Here’s a general range:

    • $30–$60 for a 30-minute session
    • $60–$120 for an hour
    • Some intuitive coaches or celebrity mediums may charge higher rates

    The psychic experts allow you to compare prices and find a psychic near me who fits your budget—there are no surprises or hidden costs.

    Are there pet psychics near me?

    Yes! Pet psychics or animal communicators specialize in connecting with your pets—living or passed. Whether you’re curious about your pet’s behavior or want to communicate with a deceased animal companion, the psychic experts feature trusted pet psychic readers near you.

    What should I avoid when choosing a psychic?

    Be cautious of anyone who:

    • Promises to remove curses for large sums
    • Uses fear to pressure you into more sessions
    • Demands private information or passwords
    • Claims they are the only ones who can “fix” your situation

    Trust your instincts—always verify listings through the psychic experts, which flags known scam tactics and prioritizes real, gifted psychic mediums near you.

    Can I get same-day readings from psychics near me?

    Yes, many local and online psychics offer same-day or even emergency readings. Use filters on the psychic experts to find psychic readers near me with instant availability. Whether it’s a love crisis or a decision deadline, help’s always nearby.

    Are clairvoyants and mediums the same thing?

    Not quite. A clairvoyant receives visions (like images or mental snapshots) about people or events. A medium, on the other hand, communicates with spirits. Some readers are both, but it’s always best to check their specialty when booking a session.

    What’s the most trusted way to find a psychic medium near me in 2025?

    Use the psychic experts platform to find carefully reviewed, top-rated psychics near you. Whether you’re searching for spiritual mediums, tarot readers, or clairvoyants, the site offers advanced search filters, verified reviews, and expert-curated lists to guide you to the most accurate psychic readings.

    Media Contact
    Company: The Psychic Experts
    Contact Person: Anthony C. Bedoya
    Email: support@the-psychic-experts.com
    Address: 1 Fremont St, Las Vegas, NV 89101, USA
    URL: https://the-psychic-experts.com/
    Phone: +1 414-203-2598

    Content Accuracy Disclaimer
    Every effort has been made to ensure the accuracy of the information presented in this article. However, due to the dynamic nature of product formulations, promotions, and availability, details may change without notice. The publisher makes no warranties or representations as to the current completeness or accuracy of any content, including product claims, pricing, or ingredient lists.
    It is the responsibility of the reader to verify product information directly through the official website or manufacturer prior to making a purchasing decision. Any reliance placed on the information in this article is done strictly at your own risk.
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    The publisher only promotes products that have been independently evaluated and deemed potentially beneficial to readers. However, this compensation may influence the content, topics, or products discussed in this article. The views and opinions expressed are those of the author and do not necessarily reflect the official policy or position of any affiliate partner or product provider.
    All product reviews and descriptions reflect the author’s honest opinion based on available public data, user feedback, and scientific references at the time of writing. The inclusion of affiliate links does not influence the objectivity or integrity of the content. However, readers are encouraged to independently verify product information and consult with healthcare professionals prior to purchase or use.
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    The MIL Network

  • MIL-Evening Report: Environmentalists question Henry Puna’s role in deep sea mining firm

    By Caleb Fotheringham, RNZ Pacific journalist

    Environmentalists in the Cook Islands have criticised former Prime Minister and Pacific Islands Forum (PIF) head Henry Puna for joining the board of a deep sea mining company.

    Puna, who finished his term as PIF secretary-general in May last year, played a pivotal part in the creation of multi-use marine park, Marae Moana, in 2017.

    The marine protected area extends over the entire country’s exclusive economic zone (EEZ), covering an area roughly the size of Mexico.

    It prohibits large-scale commercial fishing and seabed mining within 50 nautical miles of each of the 15 islands.

    Puna has now joined the board of deep sea mining company Cobalt Seabed Resources (CSR) — a joint venture between the Cook Islands government and the Belgian company Global Sea Mineral Resources.

    CSR is currently undertaking exploration in the Cook Islands EEZ, along with two other companies. It also has an exploration licence in the Clarion-Clipperton Zone, located in the high seas in the central Pacific Ocean.

    Environmental advocates say Puna’s new role conflicts with his conservation work.

    Simultaneously pushing for Marae Moana
    The Te Ipukarea Society said Puna was interested in the deep sea mining industry while simultaneously pushing for the creation of Marae Moana during his time as Prime Minister.

    “It is something to be wary about with his new role and maybe how he will go about green washing how the deep sea mining company operates within our waters and their actions,” the environmental charity’s director Alana Smith said.

    While in Parliament, Puna was an MP for the Northern Group atoll Manihiki.

    Manihiki resident Jean-Marie Williams said Puna was a good man

    However, Williams believes the benefits of deep sea mining will not be seen on his island.

    “We could make money out of it,” he said. “But who’s going to make money out of it? Definitely not the people of Manihiki.

    “The corporat[ions] will make money out of it.”

    ‘First to know’
    However, William Numanga, who previously worked for Puna as a policy analyst, does not view it like that.

    “Remember, Henry lives on an atoll, up north, so if there is any effect on the environment, he would be first to know,” Numanga said.

    “I do not think he will be putting aside a lot of the environmental concerns or challenges. He will be making sure that those environmental concerns are factored into this development process,” he added.

    Henry Puna ended his term as the PIF secretary general in May 2024 . . . a “passion for environmental protection”. Image: RNZ Pacific/Eleisha Foon

    He believes Puna’s “passion for environmental protection”, coupled with his desire for economic development, makes him a good fit for the role.

    Auckland doctoral student Liam Koka’ua said the company, which has the aim of extracting valuable minerals from the seabed, went against the purpose of Marae Moana.

    “If you truly believe Marae Moana is a place that must be protected at all costs and protected for our sustained livelihood and future and be protected for generations to come, then I don’t think rushing into an experimental industry that could potentially have huge impacts is aligned with those intentions,” Koka’ua said.

    RNZ Pacific has made multiple attempts to reach Puna for comment, but has yet to receive a response.

    However, in a statement, he said CSR was “uniquely placed to make advances for the people of the Cook Islands”.

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

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Asia-Pac: Import of poultry meat and products from areas in Brazil and US suspended

    Source: Hong Kong Government special administrative region

    The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today (May 19) that in view of notifications from the World Organisation for Animal Health (WOAH) about outbreaks of highly pathogenic H5N1 avian influenza in Municipality of Montenegro of the State of Rio Grande do Sul in Brazil, and Aurora County of the State of South Dakota and Douglas County of the State of Illinois in the United States (US) respectively, the CFS has instructed the trade to suspend the import of poultry meat and products (including poultry eggs) from the above-mentioned areas with immediate effect to protect public health in Hong Kong.

    A CFS spokesman said that according to the Census and Statistics Department, Hong Kong imported about 9 400 tonnes of frozen poultry meat from Brazil; and about 12 290 tonnes of chilled and frozen poultry meat, and about 1.19 million poultry eggs from the US in the first three months of this year.

    “The CFS has contacted the Brazilian and American authorities over the issues and will closely monitor information issued by the WOAH and the relevant authorities on the avian influenza outbreaks. Appropriate action will be taken in response to the development of the situation,” the spokesman said.

    MIL OSI Asia Pacific News

  • MIL-OSI: Republic of Iceland launches cash tender offer

    Source: GlobeNewswire (MIL-OSI)

    19 May 2025. The Republic of Iceland (the “Offeror”) announces today an invitation (such invitation, the “Offer“) to holders of its €500,000,000 0.625 per cent. Notes due 3 June 2026 (ISIN: XS2015295814) (of which €500,000,000 in aggregate nominal amount is outstanding as at the date hereof) (the “Notes“) to tender their Notes for purchase by the Offeror for cash.

    The Offer is being made on the terms and subject to the conditions contained in the tender offer memorandum dated 19 May 2025 (the “Tender Offer Memorandum“) prepared by the Offeror in connection with the Offer, and is subject to the offer and distribution restrictions set out below and as more fully described in the Tender Offer Memorandum.  Noteholders are advised to read carefully the Tender Offer Memorandum for full details of, and information on the procedures for participating in, the Offer.

    Copies of the Tender Offer Memorandum are (subject to distribution restrictions) available from the Tender Agent as set out below.  Capitalised terms used but not otherwise defined in this announcement shall have the meaning given to them in the Tender Offer Memorandum.

    A summary of certain terms of the Offer appears below:

    Description
    of the Notes
    ISIN /
    Common Code
    Outstanding
    nominal amount
    Reference Rate Fixed Spread Amount Amount subject
    to the Offer
    €500,000,000 0.625 per cent. Notes due 3 June 2026 XS2182399274/ 218239927 €500,000,000 1 Year Euro Mid-Swap Rate -15 basis points Any and all

    Rationale for the Offer

    The Offeror intends to issue the New Notes. Part of the proceeds from the New Notes will be used for purchasing the Notes. The rationale of the Offer is thus to proactively manage upcoming debt repayments and to extend the average debt maturity profile of the Offeror.

    Purchase Price and Accrued Interest

    The Offeror will pay for any Notes validly tendered and accepted for purchase by the Offeror pursuant to the Offer a purchase price to be determined in the manner described in the Tender Offer Memorandum by reference to a yield which is equal to the sum of the fixed spread of -15 basis points (the “Fixed Spread Amount“) and the 1 Year Euro Mid-Swap Rate at or around the Pricing Time, expressed as a percentage and rounded to the third decimal place (with 0.0005 being rounded upwards) (the “Purchase Price“).  Specifically, the Purchase Price will equal (a) the value of all remaining payment of principal and interest on the Notes, up to and including the scheduled maturity date of the Notes, discounted to the Tender Offer Settlement Date at a discount rate equal to the yield, minus (b) the Accrued Interest.

    The Offeror will also pay, on the Tender Offer Settlement Date, Accrued Interest in respect of any Notes accepted for purchase pursuant to the Offer.

    New Financing Condition

    On 19 May 2025, the Offeror announced that it intends to issue euro-denominated fixed-rate notes (the “New Notes“) under its U.S.$5,000,000,000 Euro Medium Term Note Programme (the “Programme“). 

    The Offeror is not under any obligation to accept for purchase any Notes tendered pursuant to the Offer.  The acceptance for purchase by the Offeror of Notes tendered pursuant to the Offer is at the sole discretion of the Offeror and tenders may be rejected by the Offeror for any reason.  The purchase of any Notes by the Offeror pursuant to the Offer is also subject, without limitation, to (i) the pricing of the issue of the New Notes, (ii) the signing by the Offeror and the relevant managers of a subscription agreement in respect of the subscription for the New Notes and (iii) such subscription agreement remaining in full force and effect as at the Tender Offer Settlement Date (the “New Financing Condition“). 

    The Offeror reserves the right at any time to waive any or all of the conditions of the Offer (including the New Financing Condition) as set out in the Tender Offer Memorandum.

    Priority in Allocation of New Notes

    A Noteholder that wishes to subscribe for New Notes in addition to tendering Notes for purchase pursuant to the Offer will receive priority (the “New Notes Priority“) in the allocation of the New Notes, subject to the completion of the Offer, the issue of the New Notes and such Noteholder making a separate application for the purchase of such New Notes to one of the Dealer Managers (in its capacity as a Joint Lead Manager (as defined herein) of the issue of the New Notes) in accordance with the standard new issue procedures of such Joint Lead Manager. 

    A key factor in the allocation of the New Notes will be whether Noteholders have indicated they have validly tendered or indicated their firm intention to the Offeror or the Dealer Managers to tender their Notes. When considering allocation of the New Notes, the Offeror intends to give preference to those Noteholders who, prior to such allocation, have validly tendered or indicated their firm intention to the Offeror or any of the Dealer Managers to tender the Notes and subscribe for New Notes. However, the Offeror is not obliged to allocate the New Notes to a Noteholder who has validly tendered or indicated a firm intention to tender the Notes pursuant to the Offer and any amount allocated may be more, equal to, or less than the aggregate principal amount of Notes validly tendered or in respect of which a firm intention to tender has been indicated by such Noteholder. Any allocation of the New Notes, while being considered by the Offeror as set out above, will be made in accordance with customary new issue allocation processes and procedures.

    The aggregate principal amount of New Notes, if any, for which priority will be given to any Noteholder will be subject to the sole and absolute discretion of the Offeror and may be less than, equal to or greater than the aggregate principal amount of Notes validly tendered by such Noteholder in the Offer and accepted for purchase by the Offeror.

    Noteholders should note that the pricing and allocation of the New Notes are expected to take place prior to the Expiration Deadline for the Offer and any Noteholder that wishes to subscribe for New Notes in addition to tendering existing Notes for purchase pursuant to the Offer should therefore provide, as soon as practicable, to any Dealer Manager any indications of a firm intention to tender Notes for purchase pursuant to the Offer and the quantum of Notes that it intends to tender in order for this to be taken into account as part of the New Notes allocation process.

    If any Noteholder wishes to subscribe for New Notes in addition to its New Notes Priority it must make a separate application to subscribe for such additional New Notes to a Joint Lead Manager in accordance with the standard new issue procedures of such Joint Lead Manager.

    To contact the Dealer Managers, Noteholders should use the contact details on the last page of the Tender Offer Memorandum. 

    Any investment decision to purchase any New Notes should be made solely on the basis of the information contained in the information memorandum (to be dated on or around the date hereof) prepared in connection with the Programme (the “Programme Information Memorandum“) and the pricing supplement to be prepared in connection with the issue and the listing of the New Notes, and no reliance is to be placed on any representations other than those contained in the Programme Information Memorandum.  Subject to compliance with all applicable securities laws and regulations, the Programme Information Memorandum is available from the Dealer Managers on request.

    The New Notes are not being, and will not be, offered or sold in the United States. Nothing in the Tender Offer Memorandum constitutes an offer to sell or the solicitation of an offer to buy the New Notes in the United States or any other jurisdiction. Securities may not be offered, sold or delivered in the United States absent registration under, or an exemption from the registration requirements of the Securities Act. The New Notes have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction of the United States and may not be offered, sold or delivered, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act).

    The target market for the New Notes is eligible counterparties and professional clients only, each as defined in Directive 2014/65/EU (as amended, “MiFID II“) and the New Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area. For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of MiFID II; (ii) a customer within the meaning of Directive 2002/92/EC (as amended or superseded), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Directive 2003/71/EC (as amended or superseded)

    No action has been or will be taken in any jurisdiction in relation to the New Notes to permit a public offering of securities.

    Acceptance and no scaling

    If the Offeror decides to accept valid tenders of Notes pursuant to the Offer, the Offeror will (subject to satisfaction (or waiver) of the New Financing Condition on or prior to the Tender Offer Settlement Date) accept for purchase all of the Notes that are validly tendered in full, with no pro rata scaling.

    Tender Instruction

    In order to participate in the Offer, Noteholders must validly tender their Notes for purchase by delivering, or arranging to have delivered on their behalf, a valid Tender Instruction that is received by the Tender Agent by 5.00 p.m. (CEST) on 23 May 2025 (the “Expiration Deadline“).

    Tender Instructions will be irrevocable except in the limited circumstances described in the Tender Offer Memorandum.

    Tender Instructions must be submitted in respect of a minimum nominal amount of no less than €100,000, being the minimum denomination of the Notes, and may be submitted in integral multiples of €1,000 thereafter. In addition, the New Notes Priority requested must be for an amount which is at least €100,000 in aggregate nominal amount of the New Notes for the relevant Noteholder to be eligible to receive priority in the allocation of the New Notes.

    Tender Instructions which relate to a nominal amount of Notes of less than €100,000 will be rejected.

    Indicative Timetable for the Offer

    Events   Times and Dates
    Commencement of the Offer   Monday, 19 May 2025
    Expiration Deadline   5.00 p.m. (CEST) on Friday, 23 May 2025
    Determination of the 1 Year Euro Mid-Swap Rate   Expected to be on or around 11.00 a.m. (CEST) (the “Pricing Time“) on Tuesday, 27 May 2025
    Announcement of Results and Pricing   As soon as reasonably practicable following the Pricing Time on Tuesday, 27 May 2025
    Tender Offer Settlement Date   Expected to be Wednesday, 28 May 2025

    The Offeror may, in its sole discretion, extend, re-open, amend, waive any condition of or terminate the Offer at any time (subject to applicable law and as provided in the Tender Offer Memorandum) and the above times and dates are subject to the right of the Offeror to extend, re-open, amend, waive any condition of and/or terminate the Offer.

    Noteholders are advised to check with any bank, broker or other intermediary through which they hold Notes by when such intermediary would need to receive instructions from a Noteholder in order for that Noteholder to be able to participate in, or (in the limited circumstances in which revocation is permitted) revoke their instruction to participate in, the Offer by the deadlines set out above.  The deadlines set by any such intermediary and each Clearing System for the submission and withdrawal of Tender Instructions will be earlier than the relevant deadlines above.

    Unless stated otherwise, announcements in connection with the Offer will be made (i) by publication through RNS and (ii) by the delivery of notices to the Clearing Systems for communication to Direct Participants.  Such announcements may also be made on the relevant Reuters Insider Screen and/or by the issue of a press release to a Notifying News Service. Copies of all such announcements, press releases and notices can also be obtained upon request from the Tender Agent, the contact details for which are set out below.  Significant delays may be experienced where notices are delivered to the Clearing Systems and Noteholders are urged to contact the Tender Agent for the relevant announcements during the course of the Offer.  In addition, Noteholders may contact the Dealer Managers for information using the contact details set out below.

    Noteholders are advised to read carefully the Tender Offer Memorandum for full details of, and information on the procedures for, participating in the Offer.

    Barclays Bank Ireland PLC, Citigroup Global Markets Europe AG and J.P. Morgan SE are acting as Dealer Managers for the Offer and Citibank, N.A., London Branch is acting as Tender Agent.

    Questions and requests for assistance in connection with the Offer may be directed to the Dealer Managers.

    THE DEALER MANAGERS

    Barclays Bank Ireland PLC
    One Molesworth Street
    Dublin 2
    D02 RF29
    Ireland

    Attention: Liability Management Group
    Email: eu.lm@barclays.com

    Citigroup Global Markets Europe AG
    Börsenplatz 9
    60313 Frankfurt am Main
    Germany

    Attention: Liability Management Group
    Telephone: +44 20 7986 8969
    Email: liabilitymanagement.europe@citi.com

    J.P. Morgan SE
    Taunustor 1 (TaunusTurm)
    60310 Frankfurt am Main
    Germany

    Telephone: +44 20 7134 2468
    Attention: EMEA Liability Management Group
    Email: liability_management_emea@jpmorgan.com

    Questions and requests for assistance in connection with the delivery of Tender Instructions may be directed to the Tender Agent.

    THE TENDER AGENT

    Citibank, N.A., London Branch

    Citigroup Centre
    Canada Square
    Canary Wharf
    London E14 5LB
    United Kingdom

    Telephone: +44 20 7508 3867
    Attention: Exchange Team
    Email: citiexchanges@citi.com

    DISCLAIMER

    This announcement must be read in conjunction with the Tender Offer Memorandum.  This announcement and the Tender Offer Memorandum contain important information which should be read carefully before any decision is made with respect to the Offer.  If any Noteholder is in any doubt as to the action it should take, it is recommended to seek its own financial and legal advice, including as to any tax consequences, from its broker, bank manager, solicitor, accountant or other independent financial adviser.  Any individual or company whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity if it wishes to tender such Notes for purchase pursuant to the Offer.  Each of the Dealer Managers is acting exclusively for the Offeror and no one else in connection with the arrangements described in this announcement and the Tender Offer Memorandum and will not be responsible to anyone other than the Offeror for providing the protections afforded to customers of the Dealer Managers or for advising any other person in connection with the Offer.  None of the Offeror, the Dealer Managers and the Tender Agent, nor any of their respective directors, employees or affiliates, makes any recommendation as to whether Noteholders should tender Notes for purchase pursuant to the Offer.

    OFFER AND DISTRIBUTION RESTRICTIONS

    Italy

    None of the Offer, this announcement, the Tender Offer Memorandum or any other document or materials relating to the Offer have been submitted to the clearance procedures of the Commissione Nazionale per le Società e la Borsa (“CONSOB“) pursuant to Italian laws and regulations.  The Offer is being carried out in Italy as exempted Offer pursuant to article 101-bis, paragraph 3-bis of the Legislative Decree No. 58 of 24 February 1998, as amended (the “Financial Services Act“) and article 35-bis, paragraph 4 of CONSOB Regulation No. 11971 of 14 May 1999, as amended.  Accordingly, Noteholders or beneficial owners of the Notes that are located in Italy can tender Notes for purchase pursuant to the Offer through authorised persons (such as investment firms, banks or financial intermediaries permitted to conduct such activities in the Italy in accordance with the Financial Services Act, CONSOB Regulation No. 20307 of 15 February 2018, as amended from time to time, and Legislative Decree No. 385 of 1 September 1993, as amended) and in compliance with applicable laws and regulations or with requirements imposed by CONSOB or any other Italian authority.

    Each intermediary must comply with the applicable laws and regulations concerning information duties vis-à-vis its clients in connection with the Notes or the Offer.

    United Kingdom

    The communication of this announcement, the Tender Offer Memorandum and any other documents or materials relating to the Offer is not being made and such documents and/or materials have not been approved by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000.  Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom.  The communication of such documents and/or materials may be exempt from the restriction on financial promotion under section 21 of the FSMA pursuant to Article 34 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“Financial Promotion Order“) or on the basis that any such communication is only directed at and may only be communicated to persons to whom these documents and/or materials may lawfully be communicated in accordance with the Financial Promotion Order.

    France

    This announcement, the Tender Offer Memorandum and any other offering material relating to the Offer may be distributed in France only to qualified investors (investisseurs qualifiés) as defined in Article 2(e) of Regulation (EU) 2017/1129 (the “Prospectus Regulation“). Neither this announcement, the Tender Offer Memorandum, nor any other such offering material has not been and will not be submitted for clearance to, nor approved by the Autorité des Marchés Financiers.

    General

    Nothing in this announcement or the Tender Offer Memorandum or the electronic transmission thereof constitutes an offer to buy or the solicitation of an offer to sell Notes (and tenders of Notes for purchase pursuant to the Offer will not be accepted from any Noteholder) in any circumstances in which such offer or solicitation is unlawful.  In any jurisdiction where the securities, blue sky or other laws require the Offer to be made by a licensed broker or dealer and either of the Dealer Managers or any of their respective affiliates is such a licensed broker or dealer in such jurisdiction, the Offer shall be deemed to be made by such Dealer Manager or affiliate, as the case may be, on behalf of the Offeror in such jurisdiction.

    Each holder of Notes participating in the Offer will be deemed to give certain representations in respect of the jurisdictions referred to above and generally as set out in the Tender Offer Memorandum. Any tender of Notes for purchase pursuant to the Offer from a Noteholder that is unable to make these representations will not be accepted. Each of the Offeror, the Dealer Managers and the Tender Agent reserves the right, in its absolute discretion, to investigate, in relation to any tender of Notes for purchase pursuant to the Offer, whether any such representation given by a Noteholder is correct and, if such investigation is undertaken and as a result the Offeror determines (for any reason) that such representation is not correct, such tender may be rejected.

    Attachment

    The MIL Network

  • MIL-OSI Europe: Eucharistic Celebration for the Beginning of the Petrine Ministry of the Bishop of Rome Leo XIV

    Source: The Holy See

    Eucharistic Celebration for the Beginning of the Petrine Ministry of the Bishop of Rome Leo XIV, 18.05.2025
    At 10.00 today, Fifth Sunday of Easter, on the parvis of the Vatican Basilica, the Holy Father Leo XIV presided over the Holy Mass for the official beginning of his Petrine Ministry.
    Before the Eucharistic Celebration, the Pope descended, with the Patriarchs of the Eastern Churches, to the tomb of Saint Peter beneath the Vatican Basilica and paused there in prayer, then incensing the Apostolic Trophaeum.
    Returning to the Basilica, the Holy Father joined in the procession of the concelebrating Cardinals, preceded by the deacons who brought the pastoral pallium, the Fisherman’s Ring and the Book of Gospels, up to the altar of on the parvis of the Basilica, to the singing of the Laudes Regiae.
    During the Eucharistic Celebration, after the proclamation of the Gospel, the rites specific to the beginning of the pontificate took place: the imposition of the pallium by the Cardinal Deacon Mario Zenari, with a prayer recited by the Cardinal Presbyter Fridolin Ambongo Besungu, O.F.M. Cap., the consignment of the Fisherman’s Ring by the Cardinal Bishop Luis Antonio Tagle, and the obedience pledged to the Holy Father by three Cardinals, on behalf of the entire College: Cardinal Frank Leo (for North America), Cardinal Jaime Spengler, O.F.M. (for South America), and Cardinal John Ribat, M.S.C. (for Oceania). Other representatives of the People of God also pledged obedience to the Holy Father: the Bishop Luis Alberto Barrera of Callao, Peru; the priest Reverend Guillermo Inca Pereda; the deacon Teodoro Mandato; the religious Sr. Oonah O’Shea, president of the International Union of Superiors General, and Father Arturo Sosa, S.J., president of the Union of Superiors General; a married couple, Rafael Santa Maria and Ana María Olguín; and the young people Josemaria Diaz and Sheyla Cruz.
    During the Holy Mass, concelebrated with the Cardinals, the Patriarchs and the Major Archbishops of the Eastern Catholic Churches, the Holy Father Leo XIV delivered the following homily:

    Homily of the Holy Father
    Dear Brother Cardinals,
    Brother Bishops and Priests,
    Distinguished Authorities and Members of the Diplomatic Corps.
    Greetings to the pilgrims who have come for the Jubilee of Confraternities!
    I greet all of you with a heart full of gratitude at the beginning of the ministry that has been entrusted to me.  Saint Augustine wrote: Lord, “you have made us for yourself, and our heart is restless until it rests in you” (Confessions, I: 1,1).
    In these days, we have experienced intense emotions.  The death of Pope Francis filled our hearts with sadness.  In those difficult hours, we felt like the crowds that the Gospel says were “like sheep without a shepherd” (Mt 9:36).  Then, on Easter Sunday, we received his final blessing and, in the light of the resurrection, we experienced the days that followed in the certainty that the Lord never abandons his people, but gathers them when they are scattered and guards them “as a shepherd guards his flock” (Jer 31:10).
    In this spirit of faith, the College of Cardinals met for the conclave.  Coming from different backgrounds and experiences, we placed in God’s hands our desire to elect the new Successor of Peter, the Bishop of Rome, a shepherd capable of preserving the rich heritage of the Christian faith and, at the same time, looking to the future, in order to confront the questions, concerns and challenges of today’s world.  Accompanied by your prayers, we could feel the working of the Holy Spirit, who was able to bring us into harmony, like musical instruments, so that our heartstrings could vibrate in a single melody.
    I was chosen, without any merit of my own, and now, with fear and trembling, I come to you as a brother, who desires to be the servant of your faith and your joy, walking with you on the path of God’s love, for he wants us all to be united in one family.
    Love and unity: these are the two dimensions of the mission entrusted to Peter by Jesus.
    We see this in today’s Gospel, which takes us to the Sea of Galilee, where Jesus began the mission he received from the Father: to be a “fisher” of humanity in order to draw it up from the waters of evil and death.  Walking along the shore, he had called Peter and the other first disciples to be, like him, “fishers of men”.  Now, after the resurrection, it is up to them to carry on this mission, to cast their nets again and again, to bring the hope of the Gospel into the “waters” of the world, to sail the seas of life so that all may experience God’s embrace.
    How can Peter carry out this task?  The Gospel tells us that it is possible only because his own life was touched by the infinite and unconditional love of God, even in the hour of his failure and denial.  For this reason, when Jesus addresses Peter, the Gospel uses the Greek verb agapáo, which refers to the love that God has for us, to the offering of himself without reserve and without calculation.  Whereas the verb used in Peter’s response describes the love of friendship that we have for one another. Consequently, when Jesus asks Peter, “Simon, son of John, do you love me more than these?” (Jn 21:16), he is referring to the love of the Father.  It is as if Jesus said to him, “Only if you have known and experienced this love of God, which never fails, will you be able to feed my lambs.  Only in the love of God the Father will you be able to love your brothers and sisters with that same ‘more’, that is, by offering your life for your brothers and sisters.”
    Peter is thus entrusted with the task of “loving more” and giving his life for the flock.  The ministry of Peter is distinguished precisely by this self-sacrificing love, because the Church of Rome presides in charity and its true authority is the charity of Christ.  It is never a question of capturing others by force, by religious propaganda or by means of power.  Instead, it is always and only a question of loving as Jesus did.
    The Apostle Peter himself tells us that Jesus “is the stone that was rejected by you, the builders, and has become the cornerstone” (Acts 4:11).  Moreover, if the rock is Christ, Peter must shepherd the flock without ever yielding to the temptation to be an autocrat, lording it over those entrusted to him (cf. 1 Pet 5:3).  On the contrary, he is called to serve the faith of his brothers and sisters, and to walk alongside them, for all of us are “living stones” (1 Pet 2:5), called through our baptism to build God’s house in fraternal communion, in the harmony of the Spirit, in the coexistence of diversity.  In the words of Saint Augustine: “The Church consists of all those who are in harmony with their brothers and sisters and who love their neighbour” (Serm. 359,9).
    Brothers and sisters, I would like that our first great desire be for a united Church, a sign of unity and communion, which becomes a leaven for a reconciled world.
    In this our time, we still see too much discord, too many wounds caused by hatred, violence, prejudice, the fear of difference, and an economic paradigm that exploits the Earth’s resources and marginalises the poorest.  For our part, we want to be a small leaven of unity, communion and fraternity within the world.  We want to say to the world, with humility and joy: Look to Christ!  Come closer to him!  Welcome his word that enlightens and consoles!  Listen to his offer of love and become his one family: in the one Christ, we are one.  This is the path to follow together, among ourselves but also with our sister Christian churches, with those who follow other religious paths, with those who are searching for God, with all women and men of good will, in order to build a new world where peace reigns!
    This is the missionary spirit that must animate us; not closing ourselves off in our small groups, nor feeling superior to the world.  We are called to offer God’s love to everyone, in order to achieve that unity which does not cancel out differences but values the personal history of each person and the social and religious culture of every people.
    Brothers and sisters, this is the hour for love!  The heart of the Gospel is the love of God that makes us brothers and sisters.  With my predecessor Leo XIII, we can ask ourselves today: If this criterion “were to prevail in the world, would not every conflict cease and peace return?” (Rerum Novarum, 20).
    With the light and the strength of the Holy Spirit, let us build a Church founded on God’s love, a sign of unity, a missionary Church that opens its arms to the world, proclaims the word, allows itself to be made “restless” by history, and becomes a leaven of harmony for humanity.
    Together, as one people, as brothers and sisters, let us walk towards God and love one another.

    MIL OSI Europe News

  • MIL-OSI USA: Amata Congratulates ASCC Graduates

    Source: United States House of Representatives – Congresswoman Aumua Amata (Western Samoa)

    Amata Congratulates ASCC Graduates

    Washington, D.C. – Congresswoman Uifa’atali Amata is congratulating the 2025 graduates of the American Samoa Community College. 

    ASCC Commencement

    “My warmest congratulations to each graduate in the several collegiate programs, and congratulations also to each proud parent or mentor! I’m so happy for each one of our graduates, and it was a pleasure to be there to see you graduate,” said Congresswoman Amata. “I want to say thank you to each teacher for investing in these lives that will strengthen our islands for years to come, and President Dr. Rosevonne Pato for her leadership. Thank you especially to Adrian Fa’amalolo Vasai for her excellent commencement address, and I appreciate the Most Reverend Kolio Tuimanuvao Etuale, Bishop of the Diocese of Samoa-Pago Pago.”

    “To our graduates, as you start your next steps, keep your faith strong—that’s what we Sāmoans do!” continued Aumua Amata. “As you go forward, you have all you need most in your family right here, and your values, and our Samoan way — respect for others, kindness, decency, and prayer. So pray through your upcoming decisions, and have wonderful lives!”

    See Photo Gallery Here

    ###

    MIL OSI USA News

  • MIL-OSI United Nations: 19 May 2025 Departmental update World No Tobacco Day 2025 Awards – meet the winners

    Source: World Health Organisation

    Each year, WHO honours individuals and organizations from each of the six WHO regions for their outstanding contributions to tobacco control. These accolades include the WHO Director-General’s Special Recognition Awards, the World No Tobacco Day Awards, and, in 2025, one WHO Director-General’s Special Recognition Certificate.

    The recipients of the 2025 awards are:

    WHO Director-General Special awards:

    • Dr Mohamed Muizzu, President, Republic of Maldives
    • The Ministry of Health and Wellness, Republic of Mauritius

    WHO Director-General’s Special Recognition certificate:

    • Global Center for Good Governance in Tobacco Control (GGTC)

    African Region

    • Programme National de Lutte contre le Tabagisme, l’Alcoolisme, la Toxicomanie et les autres Addictions (PNLTA), Republic of Côte d’Ivoire
    • Dr Brou Dieudonne Koffi, Secretary, Organization of the Network of NGOs Engaged in Tobacco Control (ROCTACI), Republic of Côte d’Ivoire
    • Labram Massawudu Musah, Vision for Accelerated Sustainable Development, Republic of Ghana
    • Elvina Majiwa, Student, United States International University-Africa, Republic of Kenya
    • Charity Aienobe-Asekharen, Health Promotion, Education and Community Development Initiative (HPECDI), Federal Republic of Nigeria

    Region of the Americas

    • Agência Nacional de Vigilância Sanitária (ANVISA), Federative Republic of Brazil
    • Lisa Lu, CEO, International Youth Tobacco Control, United States of America

    Shared award:

    • Ministry of Finance, Federative Republic of Brazil
    • Ministry of Health, Federative Republic of Brazil

    Shared award:

    • Denis Choinière, Retired Director, Tobacco Products Regulatory Office, Health Canada
    • Clifton Curtis (in memoriam), Environmental Lawyer, United States of America

    Shared award:

    • Colectivo Todas y Todos por la Vida, Republic of Ecuador
    • Acción Jurídica Popular, Republic of Ecuador

    Shared award:

    • Asociación de Periodismo con Lupa, Republic of Peru
    • Cooperativa de Trabajo Sudestada, Eastern Republic of Uruguay
    • Proyecto sobre Organización, Desarrollo, Educación e Investigación (PODER), United Mexican States

    Eastern Mediterranean Region

    • Dr Seyed Morteza Khatami, Deputy for Legal and Parliamentary Affairs, Ministry of Health and Medical Education, Islamic Republic of Iran
    • Mr Lhassane Hallou, Director of Studies and International Cooperation, Administration of Customs and Indirect Taxes, Kingdom of Morocco
    • Hamad Medical Corporation Tobacco Control Centre, WHO Collaborating Centre, State of Qatar

    European Region

    • Dr Lena Nanushyan, First Deputy Minister of Health, Republic of Armenia
    • Dr Franz Pietsch, Head of Directorate, Federal Ministry of Social Affairs, Health, Care and Consumer Protection, Republic of Austria
    • Mr Frank Vandenbroucke, Deputy Prime Minister, Minister of Social Affairs and Public Health, Kingdom of Belgium
    • Professor Constantine Vardavas, National and Kapodistrian University of Athens, Greece
    • Dr Shukhrat Shukurov, Chief Specialist, Institute of Health and Strategic Development, Republic of Uzbekistan

    South-East Asia Region

    • National Board of Revenue, People’s Republic of Bangladesh
    •  State Tobacco Control Cell, Department of Health and Family Welfare, Government of Karnataka, Republic of India
    •  Ministry of Health and Population, Nepal
    •  Mr Chadchart Sittipunt, Governor of Bangkok, Chairman of Bangkok Tobacco Products Control Committee, Kingdom of Thailand

    Western Pacific Region

    • Professor Emily Banks AM, Professor of Epidemiology and Public Health, Senior Principal Research Fellow, National Centre for Epidemiology and Population Health, Australian National University, Australia
    • Te Marae Ora, Ministry of Health, Cook Islands
    • Philippine College of Chest Physicians, Republic of the Philippines
    • Ms Dao Hong Lan, Minister of Health, Socialist Republic of Viet Nam

    Shared award:

    • YB Datuk Seri Dr Haji Dzulkefly bin Ahmad, Minister of Health, Malaysia
    • Dr Noraryana Binti Hassan, Disease Control Division, Ministry of Health, Malaysia
    • Dr Murallitharan Munisamy, Malaysian Council for Tobacco Control, Malaysia

    MIL OSI United Nations News

  • Trump to speak to Putin on end to war in Ukraine as Europeans demand ceasefire

    Source: Government of India

    Source: Government of India (4)

    U.S. President Donald Trump is set to speak to Russian President Vladimir Putin on Monday about peace in Ukraine as European leaders demanded that the Kremlin accept an immediate ceasefire to halt the region’s deadliest conflict since World War Two.

    Putin sent thousands of troops into Ukraine in February 2022, triggering the gravest confrontation between Russia and the West since the 1962 Cuban Missile Crisis.

    Trump, who says he wants to be remembered as a peacemaker, has repeatedly called for an end to the “bloodbath” of Ukraine, which his administration casts as a proxy war between the United States and Russia.

    Under pressure from Trump, delegates from the warring countries met last week in Istanbul for the first time since March 2022, after Putin proposed direct talks and Europeans and Ukraine demanded an immediate ceasefire.

    “The subjects of the call will be stopping the ‘bloodbath’ that is killing, on average, more than 5,000 Russian and Ukrainian soldiers a week, and trade,” Trump wrote on his Truth Social website.

    “Hopefully it will be a productive day, a ceasefire will take place, and this very violent war, a war that should have never happened, will end.”

    Trump, who said that progress on peace was unlikely until he and Putin get together, said he would speak to Putin at 10 a.m. Eastern Time (1400 GMT) on Monday. The Kremlin said preparations for a call were underway.

    Trump, whose administration has made clear that Russia could face additional sanctions if it does not take peace talks seriously, said he would also speak to Ukrainian President Volodymyr Zelenskiy and various members of NATO.

    Putin, whose forces control a fifth of Ukraine and are advancing, has stood firm on his conditions for ending the war, despite public and private pressure from Trump and repeated warnings from European powers.

    On Sunday, Russia launched its largest drone attack on Ukraine since the start of the war.

    Ukraine’s intelligence service said it also believed Moscow intended to fire an intercontinental ballistic missile on Sunday, though there was no confirmation from Russia.

    In June 2024, Putin said Ukraine must officially drop its NATO ambitions and withdraw its troops from the entire territory of the four Ukrainian regions Russia claims.

    On Sunday, British Prime Minister Keir Starmer discussed Russia’s war against Ukraine with leaders of the United States, Italy, France and Germany, a Downing Street spokesperson said.

    “Tomorrow, President Putin must show he wants peace by accepting the 30-day unconditional ceasefire proposed by President Trump and backed by Ukraine and Europe,” French President Emmanuel Macron said on X after Sunday’s call.

    Putin is wary of a ceasefire and says fighting cannot be paused until a number of crucial conditions are worked out or clarified.

    European leaders say Putin is not serious about peace, though they fear Trump and he may force a punitive peace deal that will leave Ukraine essentially shorn of a fifth of its territory and lacking a strong security guarantee against possible future attack from Russia.

    Former U.S. President Joe Biden, Western European leaders and Ukraine cast the invasion as an imperial-style land grab and repeatedly vowed to defeat Russian forces which they say could one day attack NATO, a claim denied by Moscow.

    Putin casts the war as a watershed moment in Moscow’s relations with the West, which he says humiliated Russia after the 1991 fall of the Soviet Union by enlarging NATO and encroaching on what he considers Moscow’s sphere of influence, including Ukraine.

    (Reuters)

  • MIL-OSI: CREDIT AGRICOLE S.A. announces redemption of USD 1,500,000,000 Senior Non-Preferred Callable Fixed-to-Floating Rate Notes issued on June 2020 and due June 2026 (ISIN: Rule 144A: US22535WAG24 and Regulation S: US22536PAG63)

    Source: GlobeNewswire (MIL-OSI)

    Montrouge, May 19, 2025

    CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF

    USD 1,500,000,000  Senior Non-Preferred Callable Fixed-to-Floating Rate Notes issued on June 16, 2020 (ISIN: Rule 144A: US22535WAG24 and Regulation S: US22536PAG63)*

    Crédit Agricole S.A. (the “Issuer”) announces today the redemption (the “Redemption”) with effect on June 16, 2025 (the “Redemption Date”) of all of its outstanding USD 1,500,000,000 Senior Non-Preferred Callable Fixed-to-Floating Rate Notes issued on June 16, 2020 (ISIN: Rule 144A: US22535WAG24 and Regulation S: US22536PAG63) (the “Notes”) pursuant to Condition 9(a) (Redemption at the Option of the Issuer) of the terms and conditions of the Notes included in the base offering memorandum dated April 8, 2020, as supplemented by the pricing term sheet dated June 9, 2020 (together, the “Terms and Conditions”), at the outstanding nominal amount thereof, together with any accrued interest thereon (the “Redemption Amount”).

    On the Redemption Date, the Redemption Amount shall become due and payable and, unless the Redemption Amount is improperly withheld or refused, each Note shall cease to bear interest on the Redemption Date.

    The holders of the Notes will receive formal notice of the Redemption in accordance with the Terms and Conditions.

    For further information on Crédit Agricole S.A., please see Crédit Agricole S.A.’s website: https://www.credit-agricole.com/en/finance

    DISCLAIMER

    This press release does not constitute an offer to buy or the solicitation of an offer to sell the Notes in the United States of America, Canada, Australia or Japan or in any other jurisdiction. The distribution of this press release in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required to inform themselves about, and to observe, any such restrictions.

    No communication or information relating to the redemption of the Notes may be distributed to the public in a country where a registration obligation or an approval is required. No action has been or will be taken in any country where such action would be required. The redemption of the Notes may be subject to specific legal and regulatory restrictions in certain jurisdictions; Crédit Agricole S.A. accepts no liability in connection with a breach by any person of such restrictions.

    This press release is an advertisement; and none of this press release, any notice or any other document or material made public and/or delivered, or which may be made public and/or delivered to the holders of the Notes in connection with the redemption of the Notes is or is intended to be a prospectus for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council dated 14 June 2017 (as amended, the “Prospectus Regulation”). No prospectus will be published in connection with the redemption of the Notes for the purposes of the Prospectus Regulation.

    This press release does not, and shall not, in any circumstances, constitute an offer to the public of Notes by Crédit Agricole S.A. nor an invitation to the public in connection with any offer in any jurisdiction, including France.

    * The ISIN number is included solely for the convenience of the holders of the Notes. No representation is being made as to the correctness or accuracy of the ISIN number either as printed on the Notes or as contained herein and the holder may rely only on the identification numbers printed on its Note.

    CRÉDIT AGRICOLE S.A. PRESS CONTACT

    Alexandre Barat                             + 33 1 57 72 12 19                                      alexandre.barat@credit-agricole-sa.fr
    Olivier Tassain                               + 33 1 43 23 25 41                                      olivier.tassain@credit-agricole-sa.fr

    Find our press release on: www.credit-agricole.comwww.creditagricole.info

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    The MIL Network

  • MIL-OSI Europe: President Meloni’s telephone conversation with President Trump, Prime Minister Starmer, President Macron and Chancellor Merz

    Source: Government of Italy (English)

    The President of the Council of Ministers, Giorgia Meloni, had a telephone conversation late yesterday evening with the President of the United States of America, Donald J. Trump, together with the leaders of the United Kingdom, Keir Starmer, of France, Emmanuel Macron, and of Germany, Friedrich Merz, for consultations prior to the announced call that President Trump will have today with President Putin.

    President Meloni first of all reiterated Italy’s support, together with European and Western partners, for President Trump’s efforts for a just and lasting peace in Ukraine, stressing the importance of an immediate and unconditional ceasefire.

    Lastly, President Meloni expressed her appreciation for the willingness Ukraine has once again shown with regard to dialogue, and reaffirmed the hope that Moscow will seriously engage, through direct leader-to-leader contact, in negotiations that can lead to peace.

    MIL OSI Europe News