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Category: Americas

  • MIL-OSI USA: Foreign Arms Sales Task Force Hears from Defense Industry Leaders on Much-Needed Reforms

    Source: US House Committee on Foreign Affairs

    Media Contact 202-321-9747

    WASHINGTON, D.C. – Yesterday, the House Foreign Affairs Committee’s Foreign Arms Sales Task Force held the second in a series of roundtables featuring defense industry perspectives on reforming and improving America’s foreign arms sales process.

    As part of the bipartisan engagement, members heard from industry representatives from the Aerospace Industries Association and National Defense Industrial Association on the regulatory and bureaucratic challenges U.S. companies face in arming our allies and partners with American-made equipment and technology at the pace of war.

    During his opening remarks, Task Force Chairman Ryan Zinke (R-MT) underscored the urgency with which Congress must act to ensure that the foreign arms sales process to meet the demands of the future and highlighted the bipartisan approach the task force is taking to ensure much-needed legislative reforms get across the finish line.

    The roundtable provided a forum for candid, detailed discussions between industry insiders and Task Force members on the red-tape American companies face day-in and day-out because of outdated regulations and cumbersome approval processes across the interagency.

    The panelists also underscored the crucial role foreign arms sales play in ensuring the United States continues to maintain the world’s leading defense industrial base amid increasing global competition. 

    The Task Force, which is being led by Chairman Zinke and Ranking Member Madeleine Dean (D-PA), will propose overdue reforms aimed at eliminating bureaucratic hurdles that encumber the current foreign arms sales process.

    The legislation put forward by the Task Force will build upon executive actions announced by President Trump earlier this month to reform and improve the foreign defense sales process.

    House Foreign Affairs Committee Chairman Brian Mast and Task Force Chairman Zinke pledged to work closely with the Trump administration to codify these much-needed reforms into law and improve the U.S. defense industrial base, eliminate red-tape in the arms sales process, and improve interoperability and efficiency with our foreign partners.

    ###

    MIL OSI USA News –

  • MIL-OSI: Backstage IDO Pre-registration Now Open on RWA Investor Platform

    Source: GlobeNewswire (MIL-OSI)

    ROAD TOWN, British Virgin Islands, April 30, 2025 (GLOBE NEWSWIRE) — Backstage, a decentralized ecosystem revolutionizing the $1.3 trillion global events industry, has opened pre-registration for its Initial DEX Offering (IDO) on the RWA Investor Platform.

    By integrating NFT ticketing, a crypto point-of-sale (POS) wallet, and a launchpad for event financing all powered by its native $BKS token Backstage empowers artists, venues, and fans to engage in a transparent and efficient manner, ushering in a new era of decentralized event management.​

    Raise Amount: $100,000

    TGE Market Cap (excl. liquidity): $398,400

    IDO Timeline:

    • Pre-registration: April 30 – May 7
    • Guaranteed Allocation Round: Opens May 7 at 10:00
    • FCFS Round: Opens May 8 at 10:00

    Enhance Your Allocation with RWA Investor Platform Tiers

    Participants can maximize their IDO allocations by achieving higher tier status on the RWA Investor Platform. Tiers are determined by staking $RWA tokens, with higher tiers granting greater access and benefits:

    Gold Tier: 10x – 19,99x allocation multiplier

    Platinum Tier: 20x – 39,99x allocation multiplier

    Diamond Tier: +40x allocation multiplier

    Staking durations range from 30 to 365 days, with longer commitments yielding higher point multipliers.

    About RWA Inc

    RWA Inc offers end-to-end real-world asset (RWA) tokenization through a cutting-edge multi-asset platform that includes tokenization as-a service, a launchpad, and a marketplace. With a short-term focus on startup utility tokens for our go-to-market strategy, our primary emphasis is on strategically expanding into startup equity tokens, real estate, collectibles, and other asset classes via registered security tokens. As an innovator in the RWA niche, we help tech startups and established companies successfully launch utility and security compliant tokens and thrive in the Web3 market. Our approach addresses the need for extensive tokenization support for Web2 startups, fostering their dynamic growth potential. Our versatile solution aims to unlock opportunities across diverse asset classes, enhance liquidity, broaden market reach, support business development, and unlock asset value, effectively meeting market demands.

    RWA Inc Links – X | Telegram | TG Announcements | LinkedIn | Medium | Website

    Contact:
    Mike Storm
    Mike@rwa.inc

    Disclaimer: This is a paid post and is provided by RWA Inc. 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/6d6172ce-8985-409f-8d11-3147f2da2dac

    The MIL Network –

  • MIL-OSI: Applied Systems Honored with Three Stevie® Awards in 2025 American Business Awards®

    Source: GlobeNewswire (MIL-OSI)

    Chicago, IL., April 30, 2025 (GLOBE NEWSWIRE) — Applied Systems® today announced that the company was recognized in multiple categories of the 23rd Annual American Business Awards®. Applied was named the winner of a Gold Stevie® Award for Company of the Year in the Large-Sized Insurance category. Epic Quotes Commercial Lines won a Silver Stevie® Award in the Insurance Solution category, and Applied Pay won a Bronze Stevie® Award in the Payments Solution category.

    The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. More than 3,600 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories.

    “Congratulations to Applied Systems for impressive strides in digital transformation and operational excellence within the insurance sector. The acquisition of Planck and advancements in Applied Epic and Applied Pay show commendable vision and execution,” one American Business Award® judge noted. More than 250 professionals worldwide participated in the judging process to select this year’s Stevie Award winners.

    “It is an honor to be recognized as an indispensable partner to the insurance industry by the 2025 American Business Awards,” said Taylor Rhodes, chief executive officer, Applied Systems. “These awards underscore our commitment to leading the industry in the next generation of insurance, providing the innovative technology agents, brokers, carriers and MGAs need to drive more value in their business.”

    # # #

    The Applied products and logos are trademarks of Applied Systems, Inc., registered in the U.S.

    About Applied Systems
    Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and the innovation leader, Applied is the world’s largest provider of agency and brokerage management systems, serving customers throughout the United States, Canada, the Republic of Ireland, and the United Kingdom. By automating the insurance lifecycle, Applied’s people and products enable millions of people around the world to safeguard and protect what matters most.

    The MIL Network –

  • MIL-OSI: Flywire and Avanse Financial Services Announce Strategic Partnership to Digitize Student Loan Disbursements from India

    Source: GlobeNewswire (MIL-OSI)

    Integrated solution enables Flywire to unlock new payment flows from India to academic destinations worldwide

    Flywire further expands footprint in India, capitalizes on the billions of dollars of payment volume from education loans

    BOSTON and MUMBAI, India, April 30, 2025 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments and enablement and software company, today announced its strategic partnership with Avanse Financial Services, India’s second-largest education-focused non-banking financial company (NBFC). The collaboration simplifies the process of disbursing education loan payments for Indian students pursuing education opportunities abroad. The collaboration helps Flywire capitalize on tuition loan disbursements initiated by Avanse in Indian Rupees (INR) and builds on Flywire’s existing banking and loan integrations in India. The solution is available immediately and supports payment flows from India to academic destinations worldwide.

    Through this integration, Flywire streamlines the entire payments experience for students who opt to get educational loans from Avanse. After loan approval, students process payments via Flywire entirely in Indian rupees, with the ability to monitor transactions until funds reach their university. Flywire ensures transparency over all loan disbursements, facilitates efficient refunds, and automates the complex Tax Collected at Source (TCS) calculations—ultimately saving both students and providers valuable time and resources while ensuring adherence to relevant tax guidelines.

    “We’re excited to collaborate with Avanse to enhance the process of student loan disbursements from India,” commented Mina Fakhouri, SVP, APAC & Global Agents at Flywire. “The combination of Avanse’s presence in India and Flywire’s innovative payment technology addresses a crucial market gap for both students and lending institutions. India remains an important market for Flywire, and we’re excited to work together to deliver value to our partners, payers, educational institutions and beyond.”

    Additional benefits of the integration between Flywire and Avanse are expected to include:

    • Competitive foreign exchange conversion rates for students
    • Providing transparent payment tracking for students, schools and financial institutions
    • Enhancing compliance with international banking regulations
    • Managing TCS calculations for payments
    • Simplifying the documentation requirements for both students and institutions

    Rajesh Kachave, Chief Business Officer – Student Lending International Business of Avanse Financial Services, commented: “We believe in providing a holistic education financing experience. This collaboration with Flywire will create compelling and sustaining value for our customers, enabling them to focus entirely on their academics while leaving the financial complexities to us.”

    About Flywire

    Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers.

    Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

    Flywire supports more than 4,500 clients with diverse payment methods in more than 140 currencies across more than 240 countries and territories around the world. The company is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X , LinkedIn and Facebook.

    About Avanse Financial Services
    Avanse Financial Services Limited is an education-focused non-banking financial company (NBFC) on a mission to provide seamless and affordable education financing for every deserving Indian student. The company offers loans across three key segments:

    Student Loan – International – Customized education financing solutions for Indian students pursuing undergraduate & postgraduate courses overseas
    Education Loans Domestic – Customized financing solutions for Indian students seeking higher education at domestic institutions. It also includes loans for professionals engaging in executive learning programs, as well as financing for both curriculum fees for students enrolled in accredited schools and non-curriculum fees associated with skilling programs, executive education, and test preparation courses, all in India.
    Educational Institution Loans – Collateral-backed financing solutions to private educational institutions, generally K-12 schools, located in peripheral areas of tier I cities and in tier II and beyond cities in India. For more information, please click here.

    Safe Harbor Statement

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s expectations regarding the benefits of its education clients and business, Flywire’s business strategy and plans, market growth and trends. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire’s forward-looking statements include, among others, the factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Flywire’s Annual Report on Form 10-K for the year ended December 31, 2024, which is on file with the Securities and Exchange Commission (SEC) and available on the SEC’s website at https://www.sec.gov/. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Contacts

    Flywire

    Media:
    Sarah King
    Media@Flywire.com

    Investor Relations:
    Masha Kahn
    IR@Flywire.com

    Avanse Financial Services
    Koeli Dutta | Lead – Corporate Communication & Content
    Mobile: +91 8879330544
    Email ID: koeli.dutta@avanse.com   

    The MIL Network –

  • MIL-OSI United Nations: IOM Strengthens Humanitarian Lifeline for Displaced and Deported in Haitian Border Towns

    Source: International Organization for Migration (IOM)

    Port-au-Prince, 30 April 2025 – The International Organization for Migration (IOM) is urgently scaling up its humanitarian response in the border towns of Belladère and Ouanaminthe amid a sharp rise in deportations by land, with about 20,000 vulnerable Haitians returned in April — the highest monthly figure recorded this year.

    “The situation in Haiti is becoming increasingly dire. Each day, deportations and gang violence worsen an already fragile situation,” said IOM Director General Amy Pope. “Support from donors and the international community has helped strengthen the humanitarian lifeline, but far more is needed, as the number of vulnerable people continues to grow.”

    Especially alarming is marked increase in the number of highly vulnerable people – including women, children, and newborns – being forcibly returned. At the Belladère and Ouanaminthe border crossings, IOM, in collaboration with the National Office for Migration (ONM) and other state agencies, has been helping an average of 15 pregnant women and 15 lactating mothers per day just since 22 April. In total, 3,500 deportees have received help since 22 April.

    These deportations coincide with a separate humanitarian emergency in the Centre department. Gang violence that erupted in late March in Mirebalais and Saut d’Eau has displaced more than 51,000 people, according to the latest IOM displacement tracking data. Most have sought refuge with host families, while more than 12,500 are sheltering in 95 newly established spontaneous displacement sites, with limited access to basic services. In Belladère alone, over 4,000 displaced people found refuge.

    Gang control over Mirebalais has effectively severed Belladère from the rest of the country, blocking safe access for humanitarian staff, medical supplies, and aid. This isolation is compounding already dire conditions for deportees and displaced populations alike, who remain unable to reach their hometowns. Basic items, including food, water, and medical supplies, are running low.

    “This is a compounded crisis spreading beyond the capital, with cross-border expulsions and internal displacement converging in places like Belladère,” said Grégoire Goodstein, IOM Chief of Mission in Haiti. “Delivering assistance is becoming increasingly difficult as humanitarian actors find themselves trapped alongside the very people they are trying to help.”

    IOM, in coordination with the General Directorate for Civil Protection (DGPC) is responding with expanded life-saving support. This includes the provision of safe drinking water, and hygiene kits tailored to women’s and children’s needs. First aid, medical referrals, and psychosocial support are being made available for the most vulnerable. Temporary shelter arrangements have also been established, such as hotel accommodation for lactating mothers. Furthermore, IOM is closely coordinating with ONM and the Ministry of Public Health to ensure newborns and mothers receive immediate health support and vaccination. 

    For more information, please contact IOM Media Centre 

    MIL OSI United Nations News –

  • MIL-OSI: Turbo Energy Partners with Chilean Utility Saesa to Expand Smart Battery Storage Systems in Latin America

    Source: GlobeNewswire (MIL-OSI)

    VALENCIA, Spain, April 30, 2025 (GLOBE NEWSWIRE) — Turbo Energy S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, has teamed with Saesa, one of Chile’s largest electric utilities, to expand the deployment of smart battery systems across the Andean country.

    This partnership marks a significant step forward in Turbo Energy’s expansion into Latin America, resulting in the completion of the companies’ first joint project— the installation of a smart battery energy storage system (BESS) at the headquarters of Bayas del Sur, a leading berry producer in southern Chile.

    The project integrates lithium batteries with 200 kW of power and 880 kWh of storage capacity. Designed to complement Bayas del Sur’s existing photovoltaic installation, the system enables the plant to optimize energy consumption, reduce fuel dependence and maintain operations during peak demand periods or grid outages.

    “The commissioning of this project for Bayas del Sur reflects a growing trend among companies across all sectors: the search for effective solutions that ensure stable and sustainable energy flow while mitigating market price volatility,” said Mariano Soria, Chief Executive Officer of Turbo Energy. “Working alongside a utility giant like Saesa gives Turbo Energy a strong foundation to deploy smart BESS solutions for Chile’s most forward-thinking companies — a key driver behind the region’s desired economic decarbonization objectives.”

    Saesa executives emphasized the importance of the project in advancing renewable energy and supporting industrial decarbonization in Chile. “Our collaboration with Turbo Energy represents a pivotal advancement in sustainable infrastructure for southern Chile,” said Camila Trujillo, Energy Manager at Saesa Innova. “By integrating intelligent solar storage solutions, we’re not only improving grid reliability for industrial clients like Bayas del Sur, but also reinforcing our commitment to cleaner, smarter energy systems that benefit both businesses and communities across our nation.”

    The project with Saesa closely follows Turbo Energy’s entry into the Chilean market. In March 2025, the Company launched Latin America’s first, fully integrated, end-to-end solar energy storage system at the Alto Labranza shopping center, marking the debut of its new business unit, Turbo Energy Solutions. The division focuses on photovoltaic generation, energy storage and smart energy management for the commercial and industrial sectors across Latin America.

    About Turbo Energy, S.A.

    Founded in 2013, Turbo Energy is a globally recognized pioneer of proprietary solar energy storage technologies and solutions managed through Artificial Intelligence. Turbo Energy’s elegant all-in-one and scalable, modular energy storage systems empower residential, commercial and industrial users expanding across Europe, North America and South America to materially reduce dependence on traditional energy sources, helping to lower electricity costs, provide peak shaving and uninterruptible power supply and realize a more sustainable, energy-efficient future. A testament to the Company’s commitment to innovation and industry disruption, Turbo Energy’s introduction of its flagship SUNBOX represents one of the world’s first high performance, competitively priced, all-in-one home solar energy storage systems, which also incorporates patented EV charging capability and powerful AI processes to optimize solar energy management. Turbo Energy is a proud subsidiary of publicly traded Umbrella Global Energy, S.A., a vertically integrated, global collective of solar energy-focused companies. For more information, please visit www.turbo-e.com.

    Forward-Looking Statements

    Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our registration statements and annual report under the heading “Risk Factors” as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

    For more information, please contact:
    At Turbo Energy, S.A.                                                                          
    Dodi Handy, Director of Communications                            
    Phone: 407-960-4636                                                                          
    Email: dodihandy@turbo-e.com

    The MIL Network –

  • MIL-OSI: Best Sugar Baby Websites and Apps: Top Sugar Daddy Sites For Sugar Dating in 2025 By Sugar Daddy Meet

    Source: GlobeNewswire (MIL-OSI)

    Vaughan,Ontario, April 30, 2025 (GLOBE NEWSWIRE) — Understanding Sugar Dating in 2025

    We have seen so many aspects of life evolve with respect to technology, innovations, and all it aligns with the modern world today. And this has also applied in the world of finding love, companionship, or dating. Traditional dating scenes have also evolved with more people turning towards finding connections That align with their respective lifestyles, personal goals, and expectations. We are trying to talk about sugar dating, it has gained popularity over the last one decade and has become the alternative to finding a very unique relationship dynamic that focuses on emotional support, mutual understanding, financial assistance along with companionship. 

    ⇒ Join the Best Sugar Daddy Website for Free!

    The most fundamental approach of sugar dating is a consensual agreement between two individuals or adults; typically, a sugar baby is one who is considered to be younger and is seeking gifts, membership, or financial stability, whereas a sugar daddy is one who might offer these resources to the sugar baby in exchange of emotional connection, and companionship.

    What Is a Sugar Baby Website?

    It is a very non-traditional dynamic in the world of dating. Sugar dating is simply when one person dons the role of a sugar baby who is often the younger one with someone who is referred to as a sugar daddy or a sugar mommy who is often the elder one, and they are in a relationship in exchange for financial support, experiences, gifts.

    Flirt Smarter. Join SugarDaddyMeet Now – It’s Free to Start!

    How sugar dating platforms work?

    Unlike the normal dating applications, a sugar baby dating website or apps are built using unique tools to harness honest conversations. Several unique features such as identity checks, income verification, and arrangement based filtration help the users connect with their compatible matches with common relationship values. And in this world where cheating and deceit is so common, finding a sugar baby site that is not just about aesthetics or use of friendliness but also about safety and success rates is very crucial. Especially if you are someone who is just entering the world of sugar, baby dating, then finding a supportive digital experience can make a lot of difference.

    Who are sugar babies and sugar daddies?

    Sugar baby: The very meaning of sugar baby translates to a mutual benefit. A sugar baby is someone who tends to value mentorship, support, and financial security for exchange of intimacy, companionship, or emotional support. All of these dynamics are discussed, beforehand and agreed upon, which makes the whole experience empowering and not exploitative. Sugar babies tend to be younger men and women, including students or people in their earlier careers who really seek financial support from their dating arrangements.

    Sugar daddy: A sugar daddy is considered to be the person who is older, financially sound individual, who loves providing financial support, lifestyle, benefits, or gifts to their younger companion, known by the name of sugar, baby.the arrangement between a sugar daddy and a sugar baby is built purely on mutual understanding where both of the parties come to agreement of certain terms of the relationship, it could be mentorship, companionship, financial support, or emotional support.

    Don’t Chase. Attract. Join SugarDaddyMeet & Let Him Find You.

    Things to Look for in a Good Sugar Baby Website

    If you are someone who has just entered the world of sugar dating, then finding a good sugar baby website can be both empowering and exciting. These platforms have enabled opportunities for connections that are mutually beneficial, where transparency as well as consent play a vital role. However, we need to keep in mind that not every interaction can be ideal and some can be dangerous. Therefore, identifying the red flags especially on the platform where you are trying to find a sugar baby or a daddy is very crucial. Sure are a couple of things you might want to look out for while finding a good sugar baby website for yourself:

    • Safety and privacy features: it is crucial to find sugar baby websites that are of high-quality, which offer features such as control over the privacy of profile, offer encryption of messages, and come with inbuilt fraud prevention systems.
    • Verification process: user verification is the ultimate necessity when it comes to sugar baby or sugar daddy. To prevent fake profiles from registering on the website and to prevent falling prey to any scam which could potentially create safety concerns, the best sugar baby websites, verify their users through government ID checks, phone, confirmation, or photo verification.
    • Member quality (real vs fake profiles): a good sugar baby website will provide transparent intentions to its users. Such platforms support open dialogues wherein the individual from both the sites can voice out their expectations, goals, and arrangements. This helps distinguish between real profiles versus fake profiles.
    • Costs and premium features: every sugar baby website comes with its own set of unique features, and some of its primary features might come at a cost. Therefore, it is essential for you to hunt for a sugar baby website that fits your budget and alliance with every feature that you are looking out for.
    • Ease of use (mobile apps, design): an intuitive and clean design of a sugar baby website will help its users Stay more focused on meaningful communication to find their perfect sugar daddy or sugar baby to enjoy sugar dating.

    Be Bold. Be Desired. Be Spoiled. Join SugarDaddyMeet Today.

    How to Find a Sugar Daddy (The Fun + Flirty Way )

    Looking for a sugar daddy who’s generous, charming, and knows how to spoil you? You’re not alone, babe—and yes, he’s out there. Finding him isn’t about chasing—it’s about attracting. And with a little confidence and sparkle, you can have him wrapped around your finger (Rolex optional ).

    First things first: choose the right playground. Apps like SugarDaddyMeet.com are full of upscale, successful men who are ready to invest in a connection that’s as exciting as it is mutually rewarding. No more guessing games—just real men with real intentions.

    Dress your profile to impress. Flirty but classy pics, a fun and confident bio, and a hint of what makes you irresistible. Show your charm, wit, and ambition. Remember: sugar daddies love confidence and a little sass.

    When you chat, keep it light, playful, and polished. Flirt with finesse. Ask about his passions, tease him a little, and show you’re not just pretty—you’ve got presence.

    And don’t forget, sugar—it’s your world. Set your boundaries, know your worth, and only say yes to someone who makes you feel like the main character.

    Because you’re not just looking for a sugar daddy—you’re looking for your upgrade.

    Best Sugar Baby Website and App

    SugarDaddyMeet.com

    When it comes to dating and building meaningful connections, trust is important — but sometimes, it’s the little extras that make all the difference. SugarDaddyMeet.com creates a space where people can form mutually rewarding relationships without worrying about social stigma, especially when age is a factor.

    For women interested in meeting successful, generous partners, the site opens the door to connecting with confident, well-established men. Meanwhile, men in search of elegance and charm can discover genuine connections with attractive, engaging women.
    If you’re looking to explore relationships based on mutual benefit, respect, and understanding — without judgment — this platform offers a welcoming environment for just that. This platform has been around for nearly two decades and continues to perform reliably. With a user base that has grown to over 2 million people, it’s clear that many still trust and actively use the service. 
    That kind of ongoing popularity speaks volumes about its quality and consistency.

    Key Features

    Primary features of sugar daddy include:

    • Emphasising customer support: Sugardaddymeet.com gives excellent customer support to all of its members. The support team is available always to assist its users with any questions or concerns they might have using the platform. The team is efficient and well trained in handling all types of user queries. The sugardaddymeet.com platform also provides priority customer support for premium members, ensuring that their queries get priority, attention and are solved swiftly.
    • Secret photos and videos: The Sugardaddymeet.com website provides all of its members with several unique functionalities and features that immensely enhance the users online dating experience. Once such feature has to be the incredible ability to view hidden videos and photos of a particular particular user’s match. it grants them exclusive media and details, understanding the particular match’s likes, dislikes, interest, and personalities.
    • Higher search in rankings: The Sugardaddymeet.com platform offers its users, options of purchasing credit bundles, which can be unlocked to enjoy an array of premium benefits and features, including the ability to increase one’s ranking on the website. With the help of these credit bundles the users can improvise their visibility when a potential match Looks for similar interest. This feature helps users to stand out and create a strong impression on the platform.
    • Conversation starters: The Sugardaddymeet.com platform has a very distinctive system of credit which allows its users to begin conversations by using credits in multiples of tens and unlocking them in a permanent manner. This allows users to revisit conversations with their potential matching individuals without having to pay for an entire month’s subscription as in the case of other platforms. This approach has been celebrated as a very unique feature.
    • The swipe and match method: this matching game on the sugardaddymeet.com platform is very engaging and follows. A straightforward approach where the users are presented with potential profiles or pictures of sugar, daddies or sugar babies and asked if they are interested. Members can swipe right if they find the profile interesting and if they do not want to go forward with it, all they have to do is swipe left. When two users swipe right on each other’s profile, that is considered a match.

    Ready to Be Pampered? Create Your Free Profile Now.

    Pros of using Sugardaddymeet.com platform

    • Active user base: the platform has several users who live in nearby areas, this increases the likelihood of finding a suitable match which is practical.
    • User friendly interface: The platform is very easy for users to navigate and comes in an attractive design and rich functionality.
    • Successful dates in a short span of time: The platform is efficient in helping its users go on real time dates within a small time frame.
    • Comprehensive filter and search options: the platform comes with an advanced search functionality that allows its users to do filtering of potential matches in a precise manner. This makes it easier to find ideal partners quickly.
    • Privacy protection: site gives utmost importance on its users privacy by providing options to hide profiles completely or in a selective manner.
    • 24/7 live support: the customer support is available round the clock to its users to solve any issue that they might face.
    • Robust verification for credibility: several verification methods are conducted on its users, such as email, photo, and phone validations to ensure an authentic and safe dating environment.

    Cons of using sugardaddymeet.com platform

    • Unfamiliar features: the sugardaddymeet.com platform offers so many features that some users might get overwhelmed and will have difficulty in understanding how to explore it or might take time.
    • Cost of sugar babies: unlike other sugar daddy websites that charge only for sugar daddy and not for sugar babies, the sugardaddymeet.com platform charges both parties which might be a drawback.

    Who it’s best for: well, the answer to this can be limitless, but the sugardaddymeet.com platform is best for those who are on a lookout for a transparent dating relationship with common understanding. It is for the younger ones who seek financial support along with a relationship. It is also for those older ones who are longing to feel young again, but do not want to jump into relationships.

    Join the Elite Circle of Sugar Babies – Your Dream Sugar Daddy Awaits!

    Sugar Daddy Meet Customer Reviews 

    ⭐⭐⭐⭐⭐

    Alina M. Toronto, Canada
    I never imagined a dating site could lead to something this magical. I met Daniel here—a thoughtful, successful gentleman who sees me for who I am, not just how I look. From candlelit dinners in Yorkville to weekend getaways in the Rockies, our connection keeps deepening. SugarDaddyMeet made it feel effortless to find someone who values both luxury and genuine affection.

    ⭐⭐⭐⭐

    Luca R. Milan, Italy
    As a busy entrepreneur, I didn’t have time to play games. SugarDaddyMeet introduced me to Sofia, a kind and ambitious woman with elegance and heart. We share more than just lavish tastes—we share values. Whether we’re sipping Barolo on the lake or talking till sunrise, she brings out the best in me. It’s not just dating, it’s an experience of romance on a whole new level.

    ⭐⭐⭐⭐⭐

    Chloe W. Sydney, Australia
    When I joined, I hoped for someone mature and sincere—and that’s exactly what I found. Mark is everything I didn’t know I needed: generous with both his time and heart. From sunrise walks on Bondi Beach to private dinners overlooking the harbor, every moment feels like a chapter in a love story. SugarDaddyMeet gave me the fairytale I thought only existed in movies.

    ⭐⭐⭐⭐

    Noah J. New York City, USA
    I was searching for more than just beauty—I wanted substance wrapped in elegance. SugarDaddyMeet helped me find Ana, a smart, stylish woman with a soft heart. Our weekends in the Hamptons, shared laughter, and romantic strolls in Central Park made me believe in real, grown-up love again. This site doesn’t just match profiles—it connects soulmates.

    Don’t Wait for Him to Find You – Take Control and Join SugarDaddyMeet!

    Free vs Paid Sugar Baby Sites: Which Is Better?

    • A lot of doubts and questions pop-up for this and we are here to tell you that most of the sugar daddy websites allow users to join for free, but for the best experience a premium membership is required. It means that you will be able to set your profile and browse on the platform for free, but you might need to pay in order to send messages, unlock certain premium features, and also see as to who has viewed your profile. 
    • For the safest and most practical experience, we recommend opting for premium membership because this will ensure that you have access to premium features which helps you understand your match better and communicate without any hindrance.

    How to Stay Safe While Using Sugar Baby Apps

    • Safety must be regarded as the most important part of using a sugar daddy website. So if you’re someone who are new to the same or have been a part of such dating websites for a while, it is very important for you to understand how to protect yourself online. And it is vital for both sugar, daddies and sugar babies to spot the red flax and follow smart and effective safety habits right from the beginning.
    • Always remember to opt for public venues for your first meeting such as cafes or restaurants. It is best to avoid private residences or secluded locations for safety purposes. If possible, inform a trusted family member of Friend about your meeting whereabouts.
    •  Discuss expectations clearly as honest discussions about what is expected mutually with your such as the frequency of meetings, financial support, and boundaries. This will ensure that both of you are on the same page.

    ⇒ Join a Top-Rated Sugar Daddy Website Today

    Sugar Dating vs. Traditional Dating: What’s the Real Difference?

    When it comes to relationships, one size doesn’t fit all. Sugar dating and traditional dating offer very different experiences—and understanding those differences can help you choose the path that truly suits your lifestyle and values.

    Traditional dating often revolves around trial and error. It can mean endless swiping, unclear intentions, and investing time in people who may not share your goals. It’s romantic, yes—but sometimes frustratingly vague. You might go on several dates before figuring out if someone wants commitment, fun, or simply attention.

    Sugar dating, on the other hand, is refreshingly direct. Both sugar babies and sugar daddies (or mommies) are upfront about what they’re looking for—whether that’s companionship, mentorship, emotional connection, or financial support. There’s no pretending. Expectations are clear, and relationships are built on mutual benefit and respect.

    In sugar dating, luxury and lifestyle aren’t side perks—they’re part of the equation. It’s dating with clarity, class, and a little extra sparkle. While traditional dating often hopes to grow into something meaningful, sugar dating begins with intention and purpose.

    So if you’re tired of mixed signals and ready for a relationship that reflects your worth, sugar dating may just be the upgrade you’ve been looking for.

    ✨ Your Perfect Sugar Daddy is Waiting – Create Your Free Profile Now!

    Tips for Creating a Successful Sugar Baby Profile

    • Choosing the right photos: Posting a mix of photos and videos helps others get a clearer sense of who you are. This kind of visual insight often draws more attention to your profile and can boost the likelihood of someone reaching out to connection
    • Writing an attractive bio: providing comprehensive information. While you are registering on the platform, helps the system accurately match you with a suitable candidate. You can include everything in the bio right from why you are seeking out for a match, what are your expectations, and what you can contribute as a partner to an individual. All these will help in highlighting your profile to a potential match.
    • Messaging tips: before starting a conversation, take some time to review the profile to understand common hobbies and interests. This will help you start a more engaging conversation.

    Frequently Asked Questions (FAQ)

    Is it legal to be a sugar baby?
    It is completely fine to be a sugar baby as long as the relationship is consensual and nothing illegal is undertaken in the arrangement.

    How much allowance do sugar babies usually get?
    This varies depending on location and relationship but according to the platform, most of the sugar babies receive anywhere between $2500-$5000 per month. Certain allowances are non-monetary such as vacations, tuition assistance, shopping spree, and so on.

    Are there sugar baby sites without upfront payment?
    Yes, there are several websites that offer free or free – trial memberships, which do not require any payment.

    What’s the best sugar baby app for beginners?
    We would highly recommend sugardaddymeet.com platform as it is safe, trusted, and comes with good user reviews.

    Is Sugar Dating Right for You as a Sugar Baby?

    Are you a woman who knows what she wants—and isn’t afraid to ask for it? If you dream of rooftop dinners, designer gifts, and deep conversations with someone who appreciates your beauty and brains, sugar dating might just be your perfect match.

    Being a sugar baby isn’t about gold digging—it’s about goal setting. Whether you’re building your career, funding your education, or simply love the finer things in life, sugar dating connects you with successful, sophisticated partners who get it. Think mentorship over meaningless swiping, and luxury over late-night “wyd” texts.

    Sugar dating is for the bold, the confident, and the classy. It’s for women who value their time and expect the same in return. It’s about mutual respect, clear expectations, and—let’s be honest—a little bit of sparkle.

    Of course, this lifestyle comes with responsibilities: setting boundaries, knowing your worth, and owning your power. But if you’re ready to step into a world where affection and ambition go hand in hand, sugar dating might be more than right for you—it might be your glow-up moment.

    Final Thoughts: Finding the Best Sugar Dating Site for You

    Sugar Daddy Meet stands out as a go-to platform for those exploring sugar dating, thanks to its simple, easy-to-use layout that makes finding local connections straightforward. While there’s room for improvement — like the addition of live customer chat — the site still offers a solid experience. Navigation is smooth, the links and features are clearly laid out, and the support team is responsive when needed.

    Getting started is quick, and the search tools are surprisingly effective, making it a good fit whether you’re new to this scene or have some experience. Many users describe it as a safe and dependable space where age-gap relationships are welcomed without judgment. For those seeking genuine arrangements without the hassle, Sugar Daddy Meet can be a refreshing change of pace. Some users have also claimed that they found real connection through these platforms who value their sense of living life without any thread attached. And that these connections have lasted for a long duration of time as the platform encourages one to express their expectations in the most honest way.

    Project name: SugarDaddyMeet.com
    10 – 8707 Dufferin St,
    Suite 160 Vaughan,
    Ontario L4J 0A6
    Canada
    Company website: https://www.sugardaddymeet.com/
    email: support@SugarDaddyMeet.com
    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.
    Affiliate Disclosure
    This article may contain affiliate links. If you purchase a product or service through these links, the publisher may earn a commission at no additional cost to you. These commissions help support the creation of in-depth reviews and educational wellness content.
    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.
    No warranties, either expressed or implied, are made about the completeness, accuracy, reliability, or suitability of the content provided. The publisher and all affiliated parties expressly disclaim any and all liability arising directly or indirectly from the use of any information contained herein.
    Product and Trademark Rights
    All product names, logos, and brands mentioned are the property of their respective owners. Use of these names does not imply endorsement unless explicitly stated. SDM® , SUGARDADDYMEET® are the trademarks of its respective brand owner.

    Attachment

    The MIL Network –

  • MIL-OSI Global: In the $250B influencer industry, being a hater can be the only way to rein in bad behavior

    Source: The Conversation – USA – By Jessica Maddox, Assistant Professor of Journalism and Creative Media, University of Alabama

    Influencer Alix Earle, a self-described ‘hot mess,’ has legions of online haters. Greg Doherty/Getty Images for Revolve

    Since 2020, content creator Remi Bader had accumulated millions of TikTok followers by offering her opinions on the fits of popular clothing brands as a plus-size woman.

    In 2023, however, Bader appeared noticeably thinner. When some fans asked her whether she’d undergone a procedure, she blocked them. Later that year, she announced that she would no longer be posting about her body.

    Enter snark subreddits. On Reddit, these forums exist for the sole purpose of calling out internet celebrities, whether they’re devoted to dinging the late-night antics of self-described “hot mess” Alix Earle or venting over Savannah and Cole LaBrant, a family vlogging couple who misleadingly implied that their daughter had cancer.

    While the internet is synonymous with fan culture, snark subreddits aren’t for enthusiasts. Instead, snarkers are anti-fans who hone the art of hating.

    Remi Bader attends New York Fashion Week on Feb. 10, 2025.
    Dimitrios Kambouris/Getty Images for Tory Burch

    After Bader’s refusal to talk about her weight loss, the Remi Bader snark subreddit blew up. Posters weren’t upset that Bader had lost weight or had stopped posting about her body size. Instead, they believed Bader the influencer, who’d built her brand on plus-size inclusion in fashion, wasn’t being straight with her fans and needed to be taken to account.

    It worked. During a March 2025 appearance on Khloe Kardashian’s podcast, Bader finally revealed that she had, in fact, had weight-loss surgery.

    Some critics see snarkers as a big problem and understandably denounce their tendency to harass, body shame and try to cancel influencers.

    But completely dismissing snark glosses over the fact that it can serve a purpose. In our work as social media researchers, we’ve written about how snark can actually be thought of as a way to call out bad actors in the largely unregulated world of influencing and content creation.

    Grassroots policing

    Before there were influencers, there were bloggers. While bloggers covered topics that ranged from entertainment to politics to travel, parenting and fashion bloggers probably have the closest connection to today’s influencers.

    After Google introduced AdSense in 2003, bloggers were easily able to run advertising on their websites. Then brands saw an opportunity. Parenting and fashion bloggers had large, loyal followings. Many readers felt an intimate connection to their favorite bloggers, who seemed more like friends than out-of-touch celebrity spokespersons.

    Brands realized they could send bloggers their products in exchange for a write-up or a feature. Furthermore, advertisers understood that parenting and fashion bloggers didn’t have to adhere to the same industry regulations or code of ethics as most news media outlets, such as disclosing payments or conflicts of interest.

    This changed the dynamic between bloggers and their fans, who wondered whether bloggers could be trusted if they were sometimes being paid to promote certain products.

    In response, websites emerged in 2009 to critique bloggers. “Get Off My Internets,” for example, fashioned itself as a “quality control watchdog” to provide constructive criticism and call out deceptive practices. As Instagram and YouTube became more popular, the subreddit “r/Blogsnark” launched in 2015 to critique early influencers, in addition to bloggers.

    Few guardrails in place

    Today the influencer industry has a valuation of over US$250 billion in the U.S. alone, and it’s on track to be worth over $500 billion by 2027.

    Yet there are few regulations in place for influencers. A few laws have emerged to protect child influencers, and the U.S. Federal Trade Commission has established legal guidelines for sponsored content.

    That said, the influencing industry remains rife with exploitation.

    It goes both ways: Corporations can exploit influencers. For example, a 2021 study found that Black influencers receive below-market offers compared with white influencers.

    Savannah and Cole LaBrant came under fire for implying that their daughter had cancer, in what their critics called a ploy for attention.
    Danielle Del Valle/Getty Images for Lionsgate

    Likewise, influencers can deceive or exploit their followers. They might use unrealistic body filters to appear thinner than they are. They could hide who’s paying them. They may promote health misinformation such as the controversial ParaGuard cleanse, a fake treatment pushed by wellness influencers that claimed to rid its users of parasites.

    Or, in the case of Remi Bader, they might gain a huge following by promoting body positivity, only to conceal a weight-loss procedure from their fans.

    For disappointed fans or followers who feel burned, snark can seem like the only regulatory guardrail in an industry that has gone largely unchecked. Think of snark as a Better Business Bureau for the untamable world of influencing – a form of accountability that brings attention to the scammers and hustlers.

    Keeping it real

    Todays’s snark exists at the intersection of gossip and cancel culture.

    Though cancel culture certainly has its faults, we approach cancel culture in our writing as a worthy tool that allows audiences to hold the powerful accountable. For example, communities of color have joined forces to call out racists, as they did in 2024 when they exposed lifestyle influencer Brooke Schofield’s anti-Black tweets.

    Influencers build trust with their audiences based on being “real” and relatable. But there’s nothing preventing them from breaking that trust, and snarkers can swoop in to point out bad behavior or hypocrisy.

    Within the competitive world of family vlogging, snarkers see themselves as doing more than stirring the pot. They’re truth-tellers who bring injustices to light, such as abuse and child labor exploitation. Some of this exposure is paying off, with more and more states introducing and passing family vlogger laws that require children to one day receive a portion of their parents’ earnings or restrict how often children can appear in their parents’ videos.

    Yes, snark can veer into cyberbullying. But that shouldn’t discount its value as a tool for transparency. Influencers are ultimately brands. They sell audiences ideas, lifestyles and products.

    When people feel as if they’ve been misled, we think they have every right to call it out.

    Jess Rauchberg receives funding from Microsoft Research.

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

    – ref. In the $250B influencer industry, being a hater can be the only way to rein in bad behavior – https://theconversation.com/in-the-250b-influencer-industry-being-a-hater-can-be-the-only-way-to-rein-in-bad-behavior-253010

    MIL OSI – Global Reports –

  • MIL-OSI USA: Gross Domestic Product, 1st Quarter 2025 (Advance Estimate)

    Source: US Bureau of Economic Analysis

    Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February, and March), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent.

    The decrease in real GDP in the first quarter primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending. These movements were partly offset by increases in investment, consumer spending, and exports. For more information, refer to the “Technical Notes” below.

    Compared to the fourth quarter, the downturn in real GDP in the first quarter reflected an upturn in imports, a deceleration in consumer spending, and a downturn in government spending that were partly offset by upturns in investment and exports.

    Real final sales to private domestic purchasers, the sum of consumer spending and gross private fixed investment, increased 3.0 percent in the first quarter, compared with an increase of 2.9 percent in the fourth quarter.

    The price index for gross domestic purchases increased 3.4 percent in the first quarter, compared with an increase of 2.2 percent in the fourth quarter. The personal consumption expenditures (PCE) price index increased 3.6 percent, compared with an increase of 2.4 percent. Excluding food and energy prices, the PCE price index increased 3.5 percent, compared with an increase of 2.6 percent.

    Real GDP and Related Measures
    (Percent change from Q3 to Q4)
      Advance Estimate
    Real GDP -0.3
    Current-dollar GDP 3.5
    Real final sales to private domestic purchasers 3.0
    Gross domestic purchases price index 3.4
    PCE price index 3.6
    PCE price index excluding food and energy 3.5
    For definitions, statistical conventions, updates to GDP, and more, visit “Additional Information.”

    Next release:
    May 29, 2025, at 8:30 a.m. EDT
    Gross Domestic Product (Second Estimate),
    Corporate Profits (Preliminary Estimate),
    1st Quarter 2025

    Technical Notes

    Sources of change for real GDP

    Real GDP decreased at an annual rate of 0.3 percent (less than 0.1 percent at a quarterly rate1) in the first quarter, primarily reflecting an increase in imports and a decrease in government spending that were partly offset by increases in investment, consumer spending, and exports.

    • Exports and imports primarily reflected Census-BEA U.S. International Trade in Goods and Services data as well as the Census Advance Economic Indicators Report for March.
      • Within imports, the increase primarily reflected an increase in imported goods, led by consumer goods, except food and automotive (mainly medicinal, dental, and pharmaceutical preparations, including vitamins); and by capital goods, except automotive (mainly computers, peripherals, and parts).
      • Within imports of industrial supplies and materials in the National Economic Accounts (NEAs), BEA identified and removed an increase in imports of silver bars as a form of investment in the first quarter. Similar to nonmonetary gold, silver can be used for two purposes: for industrial use (as an input into the production of goods and services) and for investment (as a store of wealth and a hedge against inflation). BEA’s NEAs do not treat transactions in valuables, such as nonmonetary gold and silver, as investments and therefore purchases of metals as a form of investment are not included in consumer spending, gross private domestic investment, or government spending. For more information, refer to “How are exports and imports of nonmonetary gold treated in BEA’s National Economic Accounts?”.
    • The decrease in government spending reflected a decrease in federal government spending (led by defense consumption expenditures) that was partly offset by an increase in state and local government spending (led by compensation of employees).
    • The largest contributor to the increase in investment was private inventory investment, led by an increase in wholesale trade (notably, drugs and sundries). The estimates of private inventory investment were based primarily on Census Bureau inventory book value data and a BEA adjustment in March to account for a notable increase in imports. For more information on the source data and BEA assumptions for inventories, refer to the key source data and assumptions table (available at 10 a.m.).
    • The increase in consumer spending reflected increases in both services and goods. Within services, increases were widespread, led by spending on health care as well as housing and utilities. Within goods, an increase in nondurable goods was partly offset by a decrease in durable goods.

    More information on the source data and BEA assumptions that underlie the first-quarter estimate is shown in the key source data and assumptions table (available at 10 a.m.).

    Impact of California Wildfires on first-quarter 2025 estimates

    In January 2025, a series of wildfires burned across Southern California, primarily impacting Los Angeles County. These disasters disrupted consumer and business activities and prompted emergency services and remediation activities. The responses to this disaster are included, but not separately identified, in the source data that BEA uses to prepare the estimates of GDP; consequently, it is not possible to estimate the overall impact of the California wildfires on first-quarter GDP. The destruction of fixed assets, such as residential and nonresidential structures, does not directly affect GDP or personal income. BEA estimates disaster losses in NIPA table 5.1, “Saving and Investment.” BEA’s preliminary estimates show that the California wildfires resulted in losses of $34.0 billion in privately owned fixed assets ($136.0 billion at an annual rate) and $11.0 billion in state and local government-owned fixed assets ($44.0 billion at an annual rate).

    For additional information, refer to “How are the measures of production and income in the national accounts affected by a disaster?“ and “How are the fixed assets accounts (FAAs) and consumption of fixed capital (CFC) impacted by disasters?“.

    1 Percent changes in quarterly seasonally adjusted series are displayed at annual rates, unless otherwise specified. For more information, refer to the FAQ Why does BEA publish percent changes in quarterly series at annual rates?. 

    MIL OSI USA News –

  • MIL-OSI USA: U.S. energy flow and energy consumption by source and sector charts for 2024

    Source: US Energy Information Administration

    A publication of recent and historical U.S. energy statistics. This publication includes total energy production, consumption, stocks, and trade; energy prices; overviews of petroleum, natural gas, coal, electricity, nuclear energy, renewable energy, and carbon dioxide emissions; and data unit conversions values.

    Each month, most MER tables and figures present data for a new month. These data are usually preliminary (and sometimes estimated or forecasted) and likely to be revised the following month. The first dissemination of most annual data is also preliminary. It is often based on monthly estimates and is likely to be revised later that year after final data are published from sources, according to source data revision policies and publication schedules. In addition, EIA may revise historical data when a major revision in a source publication is needed, when new data sources become available, or when estimation methodologies are improved. A record of current and historical changes to MER data is available on the What’s New in the Monthly Energy Review—Content Changes webpage.

    Data categories

    Expand all Collapse all

    Energy overview

    • 1.9Light-duty vehicle average miles travel by technology type
    • Available formats: PDF XLS CSV|Interactive
    • 1.10Electric and fuel cell electric light-duty vehicles overview
    • Available formats: PDF XLS CSV|Interactive
    • 1.13aNon-combustion use of fossil fuels in physical units
    • Available formats: PDF XLS CSV|Interactive
    • Section notes
    • Available formats: PDF

    Energy consumption by sector

    • 2.7U.S. government energy consumption by agency, fiscal years
    • Available formats: PDF XLS CSV|Interactive
    • 2.8U.S. government energy consumption by source, fiscal years
    • Available formats: PDF XLS CSV|Interactive
    • Section notes
    • Available formats: PDF

    Petroleum

    • 3.7Petroleum consumption by sector:
    • 3.8Heat content of petroleum consumption by sector:
    • Section notes
    • Available formats: PDF

    Natural gas

    • Section notes
    • Available formats: PDF

    Crude oil and natural gas resource development

    • Section notes
    • Available formats: PDF

    Coal

    • Section notes
    • Available formats: PDF

    Electricity

    • 7.2Electricity net generation:
    • 7.3Consumption of combustible fuels for electricity generation:
    • 7.4Consumption of combustible fuels for electricity generation and useful thermal output:
    • 7.7Electric net summer capacity:
    • 7.8Capacity factors and usage factors at electric generators:
    • Section notes
    • Available formats: PDF
    • Other notes:
    • Notes on estimated monthly data (1989–2000)
    • Available formats: PDF
    • Estimating power sector fuel use
    • Available formats: PDF
    • Allocating municipal solid waste to biogenic and nonbiogenic energy
    • Available formats: PDF

    Nuclear energy

    • Section notes
    • Available formats: PDF

    Energy prices

    • 9.2F.O.B. costs of crude oil imports from selected countries
    • Available formats: PDF XLS CSV|Interactive
    • 9.3Landed costs of crude oil imports from selected countries
    • Available formats: PDF XLS CSV|Interactive
    • 9.4Retail motor gasoline and on-highway diesel fuel prices
    • Available formats: PDF XLS CSV|Interactive
    • Section notes
    • Available formats: PDF

    Renewable energy

    • Section notes
    • Available formats: PDF
    • Allocating municipal solid waste to biogenic and non-biogenic energy
    • Available formats: PDF

    Environment

    • Carbon dioxide emissions from energy consumption:
    • Section notes
    • Available formats: PDF

    Appendices (heat rates, conversion factors, and more)

    • Appendix A
    • Available formats: PDF
    • Approximate heat content of:
    • A1Petroleum and biofuels
    • Available formats: PDF
    • A6Approximate heat rates for electricity, and heat content of electricity
    • Available formats: PDF XLS CSV|Interactive
    • Appendix A documentation
    • Available formats: PDF
    • Appendix B
    • Available formats: PDF
    • B1Metric conversion factors
    • Available formats: PDF
    • B2Metric prefixes
    • Available formats: PDF
    • B3Other physical conversion factors
    • Available formats: PDF
    • Appendix C
    • Available formats: PDF
    • C1Population, U.S. gross domestic product, and U.S. gross output
    • Available formats: PDF XLS CSV|Interactive
    • Appendix D
    • Available formats: PDF
    • D1Estimated primary energy consumption in the United States, selected years, 1635–1945
    • Available formats: PDF XLS
    • Appendix D section notes
    • Available formats: PDF
    • Appendix E
    • Available formats: PDF
    • E1Primary Energy Overview, Fossil Fuel Equivalency Approach
    • Available formats: PDF XLS CSV|Interactive
    • E2Primary Energy Production by Source, Fossil Fuel Equivalency Approach
    • Available formats: PDF XLS CSV|Interactive
    • E3Primary Energy Consumption by Source, Fossil Fuel Equivalency Approach
    • Available formats: PDF XLS Glossary
      • Glossary
      • Available formats: PDF

    MIL OSI USA News –

  • MIL-OSI Europe: EUROPE/ITALY – Pope Francis’ “recommendations” to his cousin Ana Rosa Sivori, a missionary nun

    Source: Agenzia Fides – MIL OSI

    Wednesday, 30 April 2025

    FMA

    by Antonella PrennaRome (Fides Agency) – “I insist that this donation be made available to those most in need,” said Sister Ana Rosa Sivori, cousin of Pope Francis, quoting the Pope himself, who in a conversation with Sister Ana Rosa recommended that a sum of money donated to him and entrusted to the community of the Institute of the Daughters of Mary Help of Christians (FMA), to which Sister Ana Rosa belongs, be used for the construction of homes for needy families in Bam Pong.The 83-year-old cousin of Pope Francis, who originally comes from Buenos Aires, has been a missionary in Thailand for 60 years. She began her journey in Turin, where she was sent from Argentina to study, then moved on to India, where she spent three years, and finally to Thailand.“I arrived in Rome on the night of April 23 and didn’t manage to pay my last respects to Francis in St. Peter’s Basilica until April 25. I stayed from 9 in the morning until 6 in the evening. I prayed and talked with him in front of his coffin, and I am sure he was listening to me. I was very impressed by the enormous influx of people from all over the world,” reports the nun.“This morning, April 30, I was able to say goodbye to him at his grave in the Basilica of Santa Maria Maggiore,” Sister Ana Rosa continued. ”It made a deep impression on me to stand in front of the white marble, and I was very happy that he is exactly where he always wanted to be. We are a very close family, and although we hadn’t spoken to each other for a long time, we always knew everything about each other. My father was very close to ‘Jorge’, as he continued to call him, and he always knew everything he was doing. We were baptized in the same basilica in Buenos Aires where the Don Bosco sisters work. He celebrated the funerals of my parents, our grandfather, and my sister’s wedding. We knew that he always called his sick sister on Sunday afternoons and that we talked about family matters. I celebrated my 80th birthday with him here in Rome after I had been in Argentina and before I returned to Thailand.“We often spoke with him about missionary work. He wanted to learn about the relationship between priests and Buddhists, who make up the majority of the population in Thailand. We always shared the idea of looking into each other’s faces and seeing what the other person needs. I hope that the cardinals who will meet in the conclave will follow Francis’ line for a Church of the people,” emphasizes the missionary.The FMA are represented in Thailand by eight communities and are active in the field of education. Specifically, they are located in the northwest of the country in the city of Chom Tong, in the northeast in the cities of Phon Sung and Udon Thani, further south in the city of Bam Pong, in San Phran, and finally with two communities in Bangkok.Sister Ana Rosa is currently working in the community in Bam Pong. Due to her age and health, she no longer teaches, but helps where needed and assists with the “chronicles” that the house collects every year from January to December.“There are 80 FMA sisters throughout Thailand,” explains the nun, ”and 17 of us are in Bam Pong. Our community is the first house that the FMA sisters opened in this country in 1933. Our pioneers supported and trained the local sisters and took in the first sisters who had been expelled from China. There are very few Christians in Bam Pong, but we have a very good relationship with the Buddhists, who also attend our schools. Education is of fundamental importance to us, and in order to give as many people as possible a chance, we have the lowest school fees of any school in the country. Our schools are overcrowded; in Bam Pong alone, we have 3,200 students, of whom at most a hundred are Christians. We teach the young girls the charisma of our founder, Mother Mazzarello. The schools in our communities range from nursery to middle school. They are mainly girls’ schools, with the exception of the kindergarten, which is mixed, and another school located outside the city. In this school, we have accepted the request of parents who have several children to accompany them all, so boys and girls can attend school together until the third grade.”“The Catholic community has a strong presence in Bam Pong,” concludes Sister Ana Rosa. ”There is a Capuchin monastery, a hospital run by the Camillian Missionaries, a Salesian Don Bosco school, the parish of St. Joseph, which is very large and run by the Salesians of Don Bosco, and a cemetery right next to our parish.” (Fides Agency 30/4/2025)
    FMA

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    MIL OSI Europe News –

  • MIL-OSI: Banco Santander-Chile Announces First Quarter 2025 Earnings

    Source: GlobeNewswire (MIL-OSI)

    SANTIAGO, Chile, April 30, 2025 (GLOBE NEWSWIRE) — Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its results1 for the three-month period ended March 31, 2025, and first quarter 2025 (1Q25).

    Solid financial performance with a ROAE2of 25.7% in 1Q253, the fourth consecutive quarter with a ROAE of over 20%.

    As of March 31, 2025, the bank’s net income attributable to shareholders totaled $278 billion ($1.47 per share and $0.62 per ADR), representing a 131.0% YoY4 increase and an ROAE of 25.7%, compared to an ROAE of 11.2% in 1Q24. The increase in results is explained by an increase in the bank’s main revenue lines. Operating income increased 33.2% YoY, driven by better net interest and readjustment income.

    Compared to the previous quarter, 4Q24, the bank’s net income attributable to shareholders increased by 0.5%. The UF variation in 1Q25 was slightly lower than in 4Q24, which reduced QoQ5 readjustment gains. This was offset by higher fees and results from financial transactions and improved expense control. This resulted in a ROAE of 25.7% in 1Q25, marking the fourth consecutive quarter with ROAEs above 20%.

    Dividend payment of Ch$3.19 per share with a dividend yield of 5.4%. A solid CET1 ratio6of 10.7%.

    At our Ordinary Shareholders’ Meeting on April 22, 2025, the distribution of 70% of our 2024 earnings, amounting to $857,623 million, was approved. These earnings represent a dividend of $3.18571574 Chilean pesos per share, for a total of $600,336 million.

    Likewise, it was approved that the remaining 30% be partially allocated to increasing the Accumulated Earnings from previous years by the amount necessary to cover the payment of the next three interest coupons on the fixed-term bonds for $29.993 billion and to increase the Bank’s Reserves and Other Retained Earnings by $227.294 billion.

    Our CET1 ratio remains at a solid 10.7% at the end of March 2025, with the overall Basel III ratio reaching 16.9%. The Bank’s capital includes a dividend payment provision of 70% of 2024 earnings and a 60% provision of 2025 earnings to date.

    Strong recovery of NIM7, reaching 4.1% in 1Q25

    Net interest and readjustment income (NII) accumulated as of March 31, 2025, increased 41.7% compared to the same period in 2024. This increase in NII was due to higher net interest income due to the impact of a lower monetary policy rate on our funding cost, which fell from 5.3% to 3.9% in 3M25. The increase is also explained by higher readjustment income, resulting from a greater variation in the UF during the quarter compared to the same quarter last year.

    Compared to 4Q24, net interest and readjustment income decreased slightly due to lower inflation in 1Q25 compared to the previous quarter.

    Given the above, the NIM increased from 2.7% in 1Q24 to 4.2% in 4Q24 to 4.1% in 1Q25.

    Gravity: Migration of our systems to the cloud. Best-in-class efficiency8of 35.0% in 1Q25.

    In 1Q25, the Bank celebrated the major milestone of the Gravity project, the migration from the Mainframe to the Cloud. In January, we transitioned processing to our new Cloud, which resulted in higher technology expenses related to the change and write-downs and impairments related to legacy systems.

    The Bank’s efficiency ratio reached 35.0% as of March 31, 2025, better than the 47.4% of the same period in the previous year. Total operating expenses (which include other expenses) decreased 1.7% in 3M25 compared to 3M24, driven by lower other operating expenses related to the restructuring of our branch network and the transformation to Work/Café.

    The customer base continues to expand, with total customers increasing by 9.4% YoY and digital customers increasing by 6.6% YoY.

    Our strategy of strengthening our digital products has led to continued growth in our customer base, reaching approximately 4.3 million customers, of which nearly 2.3 million are digital customers (88% of our active customers).

    The Bank’s market share in checking accounts remains strong at 22.5% through February 2025, driven by increased customer demand for US dollar checking accounts, as customers can open these types of accounts digitally through our platform in a few easy steps. This also demonstrates the success of Getnet’s strategy to encourage cross-selling of other products such as the Cuenta Pyme Life.

    Net commissions increased by 16.8% in 3M25, reaching recurrence levels9of 61.8%.

    Net commissions increased 16.8% in the three months ended March 31, 2025, compared to the same period in 2024, driven by increased customer numbers and greater product usage. As a result, the recurrence ratio (total net commissions divided by structural support expenses) increased from 57.8% as of March 2024 to 61.8% as of March 2025, demonstrating that more than half of the Bank’s expenses are financed by commissions generated by our customers.

    Banco Santander Chile is one of the companies with the highest risk ratings in Latin America, with an A2 rating from Moody’s, A- from Standard & Poor’s, A+ from the Japan Credit Rating Agency, AA- from HR Ratings, and A from KBRA. All of our ratings have a stable outlook as of the date of this report.

    As of March 31, 2025, the bank had total assets of Ch$67,059,423 million (US$70,284 million), total gross loans (including those owed by banks) at amortized cost of Ch$41,098,666 million (US$43,075 million), total deposits of Ch$30,607,715 million (US$32,080 million), and bank owners’ equity of Ch$4,400,233 million (US$4,612 million). The BIS capital ratio was 16.9%, with a core capital ratio of 10.7%. As of March 31, 2025, Santander Chile employed 8,712 people and had 237 branches throughout Chile.

    CONTACT INFORMATION
    Cristian Vicuña
    Chief Strategy Officer and Head of Investor Relations
    Banco Santander Chile
    Bandera 140, Floor 20
    Santiago, Chile
    Email: irelations@santander.cl Website: www.santander.cl

    1 The information contained in this report is presented in accordance with Chilean Bank GAAP as defined by the Financial Markets Commission (FMC).
    2 Annualized net income attributable to shareholders of the Bank divided by the average equity attributable to equity holders
    3 The first quarter of 2025
    4 Year on year.
    5 Quarter on quarter
    6 Common Equity Tier 1 under Chilean regulation.
    7 NIM: Net interest margin. Net interest income and annualized adjustments divided by interest-earning assets.
    8 Efficiency: operating expenses including impairment and other operating expenses/ financial margin + fees+ financial transactions and net other operating income.
    9 Recurrence: net commissions divided bycore support costs.

    The MIL Network –

  • MIL-OSI: EDR Killers: What They Are, Why They Matter, and How Organizations Can Stay Protected

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, April 30, 2025 (GLOBE NEWSWIRE) — ESET, a global leader in cybersecurity, is warning organizations to stay alert as “EDR killers” – tools designed to disable Endpoint Detection and Response (EDR) solutions- grow more accessible and more widely used by ransomware affiliates. While not a new threat, these tools are becoming easier to deploy, making them relevant for enterprises and mid-sized organizations alike.

    An EDR killer works by disabling or impairing EDR agents on compromised machines, blinding defenders and paving the way for attackers to move stealthily and deliver malicious payloads. These tools are typically deployed after initial access has already been achieved, a process that itself should set off multiple alarms in a well-defended environment.

    Once used only by highly skilled threat actors, EDR killers are now distributed by ransomware-as-a-service (RaaS) operators like RansomHub, lowering the technical bar for attackers. Variants range from basic script-based tools to more advanced versions that exploit vulnerable drivers or repurpose legitimate software, like rootkit removal tools, to disable security systems.

    Despite these developments, ESET stresses that EDR killers aren’t cause for panic, but they are a reminder of the importance of strong, layered security. Organizations with solid defences, good detection practices, and well-trained staff remain in a strong position to detect and disrupt these tools before they cause severe damage.

    ESET recommends the following best practices to reduce exposure:

    • Use a hardened, updated EDR solution: Leading tools already detect many known EDR killer behaviours.
    • Restrict user permissions: Prevent users without admin rights from modifying or disabling security controls.
    • Monitor for suspicious downloads and file transfers: Watch for scripts, drivers, or tools commonly used in these attacks.
    • Block Potentially Unsafe Applications (PUSA): Review app control policies to minimize exposure to misused software.
    • Invest in staff training: Phishing awareness and safe file handling are still your first line of defence.

    The rise of EDR killers reflects an evolving cybercrime landscape, where increasingly advanced tools are being commercialized and shared. As attackers adapt their tactics, defenders must do the same. A resilient, multi-layered approach, backed by regular reviews and user education, remains the best strategy for staying ahead.

    ESET continues to track the development of EDR killer tools and their use in real-world attacks. For further insights and technical analysis, visit ESET’s threat research blog, WeLiveSecurity.

    About ESET
    ESET provides cutting-edge digital security to prevent attacks before they happen. By combining the power of AI and human expertise, ESET stays ahead of known and emerging cyber threats — securing businesses, critical infrastructure, and individuals. Whether it’s endpoint, cloud or mobile protection, its AI-native, cloud-first solutions and services remain highly effective and easy to use. ESET technology includes robust detection and response, ultra-secure encryption, and multi-factor authentication. With 24/7 real-time defence and strong local support, we keep users safe and businesses running without interruption. An ever-evolving digital landscape demands a progressive approach to security: ESET is committed to world-class research and powerful threat intelligence, backed by R&D centers and a strong global partner network. For more information, visit www.eset.com or follow us on LinkedIn, Facebook, and Twitter.

    The MIL Network –

  • MIL-OSI: Global-e to Announce Financial Results for the First Quarter 2025 on May 14, 2025

    Source: GlobeNewswire (MIL-OSI)

    PETAH-TIKVA, Israel, April 30, 2025 (GLOBE NEWSWIRE) — Global-e Online Ltd. (Nasdaq: GLBE), the platform powering global direct-to-consumer e-commerce, today announced it will report financial results for the first quarter ended March 31, 2025, before market open on Wednesday, May 14, 2025.

    Global-e management will host a conference call to review its financial results and outlook.

    Date: Wednesday, May 14, 2025
    Time: 8:00 AM ET
    United States/Canada Toll Free: +1-800-717-1738
    International Toll: +1-646-307-1865
       

    Please join the call 5-10 minutes prior to the scheduled start time, to avoid a delay in connecting. A live webcast will be available in the Investor Relations section of Global-e’s website at https://investors.global-e.com/news-events/events-presentations

    A replay of the webcast will be available in the Investor Relations section of Global-e’s website at https://investors.global-e.com/news-events/events-presentations approximately two hours after the conclusion of the call and remain available for approximately 30 calendar days.

    About Global-e Online Ltd.

    Global-e (Nasdaq: GLBE) is the world’s leading platform enabling and accelerating global, Direct-To-Consumer e-commerce. The chosen partner of over 1,400 brands and retailers across the United States, EMEA and APAC, Global-e makes selling internationally as simple as selling domestically. The company enables merchants to increase the conversion of international traffic into sales by offering online shoppers in over 200 destinations worldwide a seamless, localized shopping experience. Global-e’s end-to-end e-commerce solutions combine best-in-class localization capabilities, big-data best-practice business intelligence models, streamlined international logistics and vast global e-commerce experience, enabling international shoppers to buy seamlessly online and retailers to sell to, and from, anywhere in the world. For more information, please visit: www.global-e.com.

    Investor Contacts:
    Alan Katz
    Investor Relations
    Global-e
    IR@global-e.com

    Erica Mannion or Mike Funari
    Sapphire Investor Relations, LLC
    IR@global-e.com
    +1 617-542-6180

    Press Contact:
    Sarah Schloss
    Headline Media
    sarah.schloss@headline.media
    +1 914-506-5104

    The MIL Network –

  • MIL-OSI: Voxtur Announces Financial Results for the Year and Quarter Ended December 31, 2024

    Source: GlobeNewswire (MIL-OSI)

    TORONTO and TAMPA, Fla., April 30, 2025 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, today announced its financial results for the three months and year ended December 31, 2024. The Company’s Audited Consolidated Financial Statements for the year ended December 31, 2024, and the related Management’s Discussion and Analysis (“MD&A”) are available at www.sedarplus.ca and at www.voxtur.com.

    Financial Results:

    Continuing Operations Unaudited   Audited
      Three months ended December 31   Year ended December 31
    (In thousands of Canadian dollars)  2024   2023     2024   2023 
               
    Revenue 1 $ 9,307   $ 9,886     $ 45,737   $ 48,959  
    Gross profit 1   5,391     6,073       28,889     31,527  
    Gross profit as a % of Revenue 1   58%     61%       63%     64%  
               
               

    1 Calculations include only the results from continuing operations and do not include results of discontinued operations. On November 1, 2023, the Company finalized the sale of its wholly owned appraisal management company (“AMC”) business for $35,135 ($25,324 USD). Results of the AMC business are classified as discontinued operations.

    Throughout 2024, the Company remained focused on implementing meaningful operational improvements and driving disciplined cost management. These efforts are reflected in full-year financial results, which show that while total revenue decreased by approximately $3.2 million and total gross profit declined by approximately $2.6 million compared to fiscal 2023, the Company was able to reduce cash used in operations by approximately $13.2 million, being a year-over-year improvement of approximately 46%. The Company anticipates continued improvement in this regard into early 2025 as previously implemented efficiencies take full effect.

    Further discussion with respect to the financial results can be found in the Company’s MD&A available at www.sedarplus.ca and at www.voxtur.com.

    “Despite macroeconomic uncertainty, including persistently high mortgage rates and industry volatility, we are staying focused on the fundamentals we can control — operational efficiency, debt reduction, and strategic execution,” said Ryan Marshall, CEO. “With leadership transitions behind us, we believe 2025 is a pivotal year to reposition the business and unlock long-term value.”

    In connection with the strategic review process announced in January 2025, the Company continues to work closely with its advisor to evaluate a number of opportunities. No material updates are available at this time; however, the Company remains actively engaged in the process of evaluating the economic value and long-term alignment of each of the opportunities in front of us. The Company intends to host a shareholder call once there is material progress to report.

    “We are encouraged by the level of interest in various components of our business and continue to evaluate each opportunity with discipline,” added Marshall. “Our focus remains on pursuing outcomes that are both financially and strategically sound for the company and its stakeholders.”

    About Voxtur

    Voxtur is a proptech company. The company offers targeted data analytics to simplify the multifaceted aspects of the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur’s proprietary data hub and workflow platforms more accurately and efficiently value real estate assets, providing critical due diligence that enables market participants to effectively originate, trade, or service defaults on mortgage loans. As an independent and transparent mortgage technology provider, the company offers primary and secondary market solutions in the United States and Canada. For more information, visit www.voxtur.com. 

    Forward-Looking Information

    This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) which reflect the expectations of management regarding the Company’s future growth, financial performance and objectives and the Company’s strategic initiatives, plans, business prospects and opportunities. These forward-looking statements reflect management’s current expectations regarding future events and the Company’s financial and operating performance and speak only as of the date of this press release. By their very nature, forward-looking statements require management to make assumptions and involve significant risks and uncertainties, should not be read as guarantees of future events, performance or results, and give rise to the possibility that management’s predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that the assumptions may not be correct and that the Company’s future growth, financial performance and objectives and the Company’s strategic initiatives, plans, business prospects and opportunities, including the duration, impact of and recovery from the COVID-19 pandemic, will not occur or be achieved. Any information contained herein that is not based on historical facts may be deemed to constitute forward-looking information within the meaning of Canadian and United States securities laws. Forward-looking information may be based on expectations, estimates and projections as at the date of this news release, and may be identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Forward-looking information may include but is not limited to the anticipated financial performance of the Company and other events or conditions that may occur in the future. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the information is provided. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance, or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information include but are not limited to: additional costs related to acquisitions, integration of acquired businesses, and implementation of new products; changing global financial conditions, especially in light of the COVID-19 global pandemic; reliance on specific key employees and customers to maintain business operations; competition within the Company’s industry; a risk in technological failure, failure to implement technological upgrades, or failure to implement new technological products in accordance with expected timelines; changing market conditions related to defaulted mortgage loans, and the failure of clients to send foreclosure and bankruptcy referrals in volumes similar to those prior to the COVID-19 global pandemic; failure of governing agencies and regulatory bodies to approve the use of products and services developed by the Company; the Company’s dependence on maintaining intellectual property and protecting newly developed intellectual property; operating losses and negative cash flows; and currency fluctuations. Accordingly, readers should not place undue reliance on forward-looking information contained herein. Factors relating to the Company’s financial guidance and targets disclosed in this press release include, in addition to the factors set out above, the degree to which actual future events accord with, or vary from, the expectations of, and assumptions used by, Voxtur’s management in preparing the financial guidance and targets.

    This forward-looking information is provided as of the date of this news release and, accordingly, is subject to change after such date. The Company does not assume any obligation to update or revise this information to reflect new events or circumstances except as required in accordance with applicable laws.

    Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    Voxtur’s common shares are traded on the TSX Venture Exchange under the symbol VXTR and in the US on the OTCQB under the symbol VXTRF.

    Company Contact: 

    Jordan Ross
    Tel: (416)708-9764

    jordan@voxtur.com

    The MIL Network –

  • MIL-OSI Video: Saving lives is an ALL Soldier task!

    Source: US Army (video statements)

    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 #Shorts #Army

    https://www.youtube.com/watch?v=9rdoqql38Wk

    MIL OSI Video –

  • MIL-OSI USA: ICYMI: Warren Reads 100 Acts of Trump Corruption Into Congressional Record To Mark 100 Days of the Trump Administration

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren
    April 30, 2025
    “[I]nstead of following through on his promise [to lower costs], Trump and his administration have paved the way for the president, his top officials, and his billionaire buddies to personally feed at the trough of government corruption.” 
    “That’s 100 corrupt acts in 100 days. Americans deserve accountability. We need to fight back—all of us.” 
    Video of Speech (YouTube)
    Washington, D.C. – On the 100th day of this Trump administration, U.S. Senator Elizabeth Warren (D-Mass.) read 100 reports of corruption from President Trump’s term so far into the Congressional record. 
    Senator Warren pointed to all the ways President Trump, his family, and associates like Elon Musk have used the presidency to enrich themselves, give favors to donors, and made it more difficult to hold him accountable for corruption. 
    Transcript: “One Hundred Days, One Hundred Acts of Corruption”U.S. Senate FloorApril 29, 2025
    As Prepared for Delivery
    Senator Elizabeth Warren: So here we are: one hundred days; one hundred acts of corruption.
    Today, I’m reading into the congressional record 100 reports of corruption from Donald Trump’s first 100 days in office. When he ran for office, Trump promised repeatedly that he would lower costs “on day 1.”  But instead of following through on his promise, Trump and his administration have paved the way for the president, his top officials, and his billionaire buddies to personally feed at the trough of government corruption. 
    So, count with me: In just one hundred days, Donald Trump, his family, and his Administration have:
    Turned the White House into a Tesla dealership.
    Fired independent commissioners at the FTC.
    Punished former officials who opposed his 2020 election lies.
    Paid for the White House Easter Egg roll by soliciting corporate sponsors who have business pending with the government.
    Helped Trump’s son set up a club — pay $500,000 for access to Trump’s cabinet.
    Declared that there would be NO tariff exceptions. Then permitted Apple’s CEO “behind the scenes” access — and poof, iPhone tariffs were cut.
    Created an opening for insider trading by reportedly giving Wall Street exclusive information about trade talks.
    Hosted million-dollar dinners between Big Pharma CEOs and their regulator RFK Jr.
    Launched crypto memecoin right before inauguration to make millions of dollars, then increased the value of those coins by signing executive orders making crypto a priority.
    Launched a meme coin for Melania, too. 
    Promised his “rich-as-hell” donors a giant tax handout, and is working to deliver. 
    Weakened rules insulating government workers from politics.
    Limited corporate foreign bribery investigations.
    Halted enforcement of the Corporate Transparency Act.
    Offered a private dinner with Trump himself—and a special tour of the White House—for the top 220 holders of his memecoin, permitting Trump and his family to profit both from the run up in the value of the coin AND the increase in trading on the Trump platform.
    Accepted $40 million for First Lady Melania’s documentary from Jeff Bezos – way above the market rate.
    Pointed to Bezos’s multi-million-dollar documentary payment as a model, when Warner Bros. asked Trump’s team how to improve its own relationship with the White House.
    Struck a deal with Amazon to stream Trump’s old show The Apprentice, which will mean more money for Trump as Amazon seeks tax breaks and other federal benefits.
    Coercing law firms to offer almost $1 billion in free legal work in an arrangement that experts say could run afoul of anti-bribery laws.
    Started undermining Medicare’s ability to negotiate drug prices after Big Pharma companies gave millions to Trump’s inauguration.
    Filed a meritless lawsuit against 60 Minutes and launched a baseless FCC investigation.
    Tried to get the AP to bend the knee and kicked them out of the White House briefing room when they refused.
    Hired Defense Secretary Hegseth’s younger brother to serve in a key role.
    Hired a longtime former partner of Don Jr. to serve as Ambassador to Greece. 
    Nominated Jared Kushner’s father to serve as Ambassador to France. 
    Selected Tiffany Trump’s father-in-law to serve as an adviser.
    Appointed an oil and gas executive to lead the Department of Energy.
    Selected a Chief of Staff who was a big-time lobbyist for clients like tobacco and mining companies.
    Named officials who had recently lobbied for oil and chemical giants to help write E-P-A rules.
    Appointed Mehmet Oz, who has close ties to Medicare Advantage insurers, to lead CMS to set payment rates and otherwise help out Medicare Advantage insurers.
    Appointed John Phelan, a major donor with no military or government experience, to lead the Navy and hand out Navy construction contracts.  
    Appointed Pam Bondi, a former lobbyist for a federal detention contractor, to lead the DOJ.
    Announced the DOJ would stop prioritizing enforcement of restrictions on foreign lobbyists, under the leadership of Bondi, who herself is a former foreign lobbyist for Qatar.
    Appointed Howard Lutnick, who has billions invested in companies accused of illegally facilitating crypto money laundering, to lead the Commerce Department.
    Appointed Marty Makary, the former executive of a company selling weight-loss drugs, to lead the FDA, which would regulate his company.
    Appointed Sean Duffy, who lobbied for the airline industry, to Transportation Secretary.
    Tapped Pete Hegseth, whose wife owns stock in large defense contractors, to lead the Defense Department.
    Tapped Doug Burgum — who made money from leasing land to Big Oil — to lead the Interior Department.
    Nominated a Big Oil lobbyist to run the Bureau of Ocean Energy Management.
    Nominated as IRS head Billy Long, an aggressive salesman for a fraud-riddled tax credit, who received donations after being nominated to clear old campaign debts. 
    Tapped Paul Atkins, a former crypto lobbyist, to lead the SEC.
    Appointed a former tax lobbyist, to lead tax policy.
    Appointed RFK Jr., who planned to get paid for anti-vax lawsuits while heading up HHS.
    Appointed a top Pentagon official who led a firm investing in defense contractors and has directed D-O-D to outsource as much as it can.
    Appointed someone who lobbied to privatize Medicare to lead OMB’s healthcare budget.
    Installed Steve Davis to effectively lead DOGE while also leading a Musk company.
    Installed another DOGE leader to control Treasury’s payment system while still holding down his day job as a software CEO.
    Handed power over crypto policy to a White House crypto czar who leads a venture capital firm that heavily invests in crypto.
    Selected a border czar who led a firm that got tens of millions of dollars of federal contracts for homeland security companies.
    Appointed Treasury Secretary Bessent who is gutting the IRS so that it can’t audit rich tax cheats — he’s a tax-dodging mega-millionaire.
    Pardoned Rod Blagojevich, former Illinois governor convicted for corruption, after his vocal support for Trump.
    Pardoned January 6 insurrectionists who tried to overturn an election he lost.
    Pardoned a Trump loyalist found guilty of wire fraud.
    Pardoned the son of a longtime Republican donor.
    Pardoned a corporation that had been fined $100 million for money laundering.
    Launched his own stablecoin while preparing to sign legislation that will help the stablecoin and let him oversee it. 
    Sold merch with presidential branding.
    Disbanded DOJ’s crypto unit after business talks between Binance and a Trump-backed crypto company ramped up.
    Halted SEC enforcement actions against crypto companies that enriched Trump. 
    Met with crypto executives who are asking Treasury to back off of oversight of their companies — all while exploring a deal to list a Trump-linked crypto company’s new stablecoin.
    Maintained financial ties between Trump officials and Trump’s media company. That includes: FBI Director Kash Patel who was gifted a huge award of Trump media company stock.
    Nominated Attorney General Bondi who owned $2 million in DJT shares.
    Paid the Education Secretary almost $1 million in Trump Media company shares.
    Intelligence Board nominees who have millions in Trump Media company shares.
    Selected a Special Envoy to the Middle East who wants to develop real estate in Gaza while running his own real estate firm.
    Appointed an FBI Director who consulted for the Qatari government.
    Picked that FBI Director even though he also received millions from a Cayman Island holding company with ties to China.
    Decided to cancel the Direct File program, which will help the bottom line of Intuit, which gave $1 million to Trump’s inauguration.
    Took its largest inauguration donation from a poultry company under DOJ scrutiny. After the donation, the SEC approved its parent company for the New York Stock Exchange.
    Dropped a probe into sexual misconduct allegations against Trump’s Education Secretary’s husband.
    Hosted dozens of foreign, federal, and state officials at Mar-a-Lago, helping enrich Trump. 
    Hosted a GOP retreat at another one of Trump’s resorts.
    Circumvented the normal contracting process to pick a company with close ties to Trump’s former campaign manager.
    Awarded a $30 million ICE contract to Trump insider Peter Thiel.
    Continued developing new Trump properties overseas, including in Saudi Arabia and the UAE.
    Hatched a plan for the State Department to pay Tesla $400 million dollars.
    Accepted a $4 million inauguration donation from a GOP megadonor and nominated him as UK ambassador the same day.
    And Donald Trump took actions that could advance the personal interests of his co-president Elon Musk: 

    Fired EEOC leaders investigating and suing Tesla.
    Illegally fired the NLRB Chair, which filed a complaint against SpaceX.
    Gutted CFPB staff and fired the Director after they investigated complaints against Musk’s companies.
    Gutted the Department of Labor office investigating Tesla and Space X.
    Fired the USAID Inspector General, who launched a probe into satellite terminals made by Musk’s Starlink. 
    Targeted the National Highway Traffic Safety Administration staff who were reportedly, quote, a “thorn in Tesla’s side.”
    Said Musk would self-police his conflicts of interest. Yeah right…
    Pressured the Administrator of the FAA, which fined Musk’s SpaceX, to resign .
    Permitted Musk to keep his financial disclosure hidden. I’ve got a new bill to fix that!
    Allowed Musk’s Starlink to start working with the FAA after Musk criticized the FAA’s air traffic telecom system. 
    Made Musk’s SpaceX the frontrunner for a new lucrative Golden Dome contract.
    Stood by Musk when his X executives told an advertising firm to increase ad revenue — threatening that Musk could interfere with a pending merger.
    Permitted Musk to join Trump’s interview with the Air Force secretary nominee while SpaceX held billions of dollars in contracts with the Air Force. 
    Permitted the National Transportation Safety Board to share news related to the airplane crashes in Washington and Philadelphia only on Musk-owned X.
    Permitted the Social Security Administration to only share important public communication on X.
    Dropped DOJ’s anti-discrimination complaint against Musk’s SpaceX.
    Fired FDA staffers reviewing Elon Musk’s Neuralink clinical trial applications.
    And for our closing six moves that make every bit of this corruption even harder to root out, Trump got rid of cops on the beat:

    Fired 18 Inspectors General who make sure the federal agencies follow the law.
    Fired the head of the Office of Special Counsel who protects whistleblowers and makes sure that civil service laws are fired.
    Fired the head of the Office of Government Ethics who watches to see that the President and his Administration follow the laws on conflicts of interest, bribery and other ethics issues.
    Fired DOJ prosecutors who worked on January 6th investigations.
    Sidelined DOJ’s office that reviews the legality of executive orders.
    Gutted DOJ’s office that prosecutes misconduct by public officials.
    That’s 100 corrupt acts in 100 days. Americans deserve accountability. We need to fight back—all of us. 

    MIL OSI USA News –

  • MIL-OSI USA: Federal Appellate Court Dismisses Ancestral Claim to New Orleans Saints’ Fleur-de-lis Trademark Rights

    Source: US Global Legal Monitor

    On April 14, 2025, the U.S. Court of Appeals for the Federal Circuit issued a decision dismissing a legal challenge to the New Orleans Saints’ registered fleur-de-lis design mark. According to the petition for cancellation, the petitioner claimed to be “a direct descendant of the Kings of France (Scotland, Aragon, and Castille),” thereby entitling his family to “intellectual property rights to the Fleur de Lys, Orleans, and Saints marks.” (Petition at p. 3).

    Screen capture of U.S. trademark registration number 0992210, the fleur-de-lis for the New Orleans Saints.

    These legal proceedings were originally filed before the Trademark Trial and Appeal Board (TTAB), which is a division of the U.S. Patent and Trademark Office. A three-member board of administrative trademark judges issued decisions denying the cancellation request on January 26, 2024 and June 26, 2024. The board concluded that a hereditary connection to French royalty did not create a sufficient, survivable claim under the Trademark Act because the petitioner did not “allege any commercial interests in the mark, or that he owns or conducts any business under the mark, and thus he cannot allege entitlement.” (June 26, 2024, Order at p. 5).

    In affirming the TTAB panel, the Circuit Court held that the petitioner had failed to meet his burden under federal court standing requirements. Specifically, he had not shown that he was injured by the Saints’ trademark because he had “not alleged that he or his family make, offer for sale, or sell any products or services using a fleur-de-lis design.” (Opinion at p. 4). Without standing, the Circuit Court determined that it lacked jurisdiction over the appeal and therefore dismissed the case.

    Locating Federal Court Filings

    In addition to being one of nine U.S. Supreme Court depository libraries that receives copies of Supreme Court records and briefs, the Law Library of Congress also has a collection of historic federal circuit court filings. Researchers who are interested in reviewing these collections should start by visiting our research guide, U.S. Federal Appellate Courts: Records and Briefs. This guide provides coverage data for our federal circuit court pleadings collection, as well as links to additional resources that can help researchers track down these materials.

    These filings are also increasingly available online through websites like Court Listener’s RECAP Archive. Researchers should keep in mind, however, that open access websites with court filings are crowd-sourced, meaning that users who obtain these pleadings will upload them to the site voluntarily. As a result, docket entries on these sites may be incomplete.

    If you are having trouble tracking down federal appellate court records, please send us a message on Ask A Librarian.

    Subscribe to In Custodia Legis – it’s free! – to receive interesting posts drawn from the Law Library of Congress’s vast collections and our staff’s expertise in U.S., foreign, and international law.

    MIL OSI USA News –

  • MIL-OSI Video: America First Foreign Policy at 100 Days

    Source: United States of America – Department of State (video statements)

    In the first 100 days, President Trump’s State Department, led by @SecRubio, has:
    Delivered America First foreign policy
    Ensured fair economic & trade relationships
    Restored U.S. leadership
    Curbed illegal immigration and fentanyl
    Secured our borders
    Combatted our adversaries
    Promoted lasting peace

    ———-
    Under the leadership of the President and Secretary of State, the U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world.

    The Secretary of State, appointed by the President with the advice and consent of the Senate, is the President’s chief foreign affairs adviser. The Secretary carries out the President’s foreign policies through the State Department, which includes the Foreign Service, Civil Service and U.S. Agency for International Development.

    Get updates from the U.S. Department of State at www.state.gov and on social media!
    Facebook: https://www.facebook.com/statedept
    X: https://x.com/StateDept
    Instagram: https://www.instagram.com/statedept
    Flickr: https://flickr.com/photos/statephotos/

    Subscribe to the State Department Blog: https://www.state.gov/blogs
    Watch on-demand State Department videos: https://video.state.gov/
    Subscribe to The Week at State e-newsletter: https://www.state.gov/department-email-updates/

    State Department website: https://www.state.gov/
    Careers website: https://careers.state.gov/
    White House website: https://www.whitehouse.gov/
    Terms of Use: https://state.gov/tou

    #StateDepartment #DepartmentofState #Diplomacy

    https://www.youtube.com/watch?v=a7oGMjXXJCo

    MIL OSI Video –

  • MIL-Evening Report: Confirmed: Australian weapons sold to Israel, reveals Declassified Australia

    Report by Dr David Robie – Café Pacific. –

    SPECIAL REPORT: By Michelle Fahy

    The Australian counter-drone weapons system seen at a weapons demonstration in Israel recently is actually just one of a few that were sold by the Canberra-based company Electro Optic Systems (EOS) and sent through its wholly-owned US subsidiary to Israel, Declassified Australia can reveal.

    It was the ABC who broke the news of the EOS weapons system being provided for the demonstration trial. In response, Prime Minister Anthony Albanese continued to insist, as he has since the war in Gaza began, that Australia does not sell weapons to Israel.

    However the weapon displayed wasn’t just provided on loan for the demonstration – the weapon has been “sold” to the Israelis. Declassified Australia can reveal that EOS, by its own admission, sold more than one of its R400 weapons systems to the Israelis prior to the demonstration.

    • READ MORE: Other Declassified Australia reports

    An EOS company presentation, titled “2024 Full Year Results”, describes a “potential new customer” for the R400 weapon in the “Middle East” (page 36). The presentation, prepared for EOS shareholders and lodged with the Australian Stock Exchange, is dated 25 February 2025.

    EOS describes this potential new customer for its R400 as a “Preliminary” stage opportunity, valued at less-than-A$100 million, and states that more than one weapon was sold:

    “Sample products sold, demo held, discussions underway.” [Emphasis added]

    The company also points out a sense of urgency with the potential sale:

    “Potential to accelerate due to operational requirements.”

    In another section of the report (page 16), EOS reports a single entry in the “Preliminary” stage of a potential sale of R400 weapons, with the “Bid being prepared or submitted”.

    EOS states (page 36) the “estimated opportunity size” of the sale is up to “$100 million”. At a unit price per system of A$1.55 million that potential contract is enough to purchase 60 of the R400 counter-drone system.

    Under the heading “Notable Demonstrations” (page 15), EOS refers to “Counter Drone evaluation testing with New Customer”, held in January 2025, with an accompanying photograph of its R400 counter-drone cannon with five senior Israeli defence leaders posing beside it at the testing site.

    EOS itself has revealed that the new customer is clearly Israel.

    EOS states it had “supported a local prime [a major local weapons company] to demonstrate counter-drone capabilities in a high profile local demonstration”. EOS states that its R400 weapon system had “performed extremely well, earning high praise from the organisers.”

    An extract from the Electro Optic Systems (EOS) company document titled “2024 Full Year Results”, showing a photograph of the EOS R400 counter-drone weapon system that was demonstrated to gathered Israeli defence and industry officials in January 2025. Image: Electro Optic Systems

    The location of the demonstration of the Australian weapon is verified as being in Israel’s southern Negev Desert by a 5 February press release about the weapon testing, released by Israel’s Ministry of Defence.  [Note: Since publication of this article, the Press Release has been taken down from the Israeli Defense Ministry website, but is still available here, for now.]

    An Israel Defense Force photograph included with the press release, is the same photo of the R400 weapon and Israeli officials, as published in the EOS document. Israel’s Ministry of Defence also posted this video of the final demonstration event, with a firing of the EOS R400 weapons system appearing at 01:06.

    In the photograph standing behind the Australian company’s weapon are four senior Israeli defence officials, together with an Israeli defence industry CEO.

    A photo distributed with an Israel Ministry of Defense press release showing the EOS R400 counter-drone weapons system at operational trials testing advanced counter-drone technologies organised by the Directorate of Defence Research & Development in January 2025. Pictured: Acting director-general of the Israel Ministry of Defence, Itamar Graf (from left); Israeli Defence Minister, Israel Katz; CEO of Israel Aerospace Industries (IAI), Boaz Levy; Head of Israel Defence Force’s Planning and Force Build-Up Directorate, Maj.Gen. Eyal Harel; Head of the Israel Directorate of Defence Research & Development, Brig.Gen. (retd) Dr Daniel Gold. Image: Israel Ministry of Defense

    Countering drone attacks
     EOS’ powerful R400 remote weapons system has a 2km range and is renowned for its lethality and precision in targeting. Using a sophisticated gimbal, its accuracy is maintained even when the system is mounted and used atop a moving vehicle. The weapon can be seen in use on a moving vehicle here in this video clip.

    The EOS R400 is not solely a counter-drone weapons system. It can be configured to fire weapons ranging from machine guns, to 30mm cannons, automatic grenade launchers, anti-tank guided missiles and 70mm rockets, meaning it can be used against multiple types of targets in addition to drones — including people, buildings, armoured vehicles, and tanks.

    The R400 Slinger variation is marketed by EOS as a system designed solely to counter modern drone threats with a single, lethal shot.

    The Australian company’s customer in Israel is noted in the EOS company document as being an Israeli “local prime” arms manufacturer. Both Israel Aerospace Industries (IAI) and Elbit Systems participated in the demonstration trials, each demonstrating a Counter Unmanned Aerial System (C-UAS) that incorporated a 30mm cannon.

    EOS sees a big future for the R400 and its suite of remote weapons systems. The EOS 2024 Financial Report was lodged with ASX on 25 February 2025. In the “Market Overview”section, it discusses weapons contracts signed in 2024, and notes (page 8) that:

    “[EOS] Defence Systems is in active discussions and contract negotiations for the provision of RWS [Remote Weapons Systems] and related components with other potential customers.”

    “Assuming the evaluation of these systems progresses positively, EOS would hope to move to sell larger, commercial quantities to these customers.” 

    EOS R-400S Mk 2 30mm Remote Weapons Station being fired while mounted to a tactical vehicle. Image: Video screen shot/Defence Technology Review Magazine

    Australia obliged to act on defence transfers
     In October 2024, the UN’s Independent International Commission of Inquiry on the Occupied Palestinian Territory reported on the implementation of the International Court of Justice’s (ICJ) findings that Israel may be committing “genocide”.

    As reported by Kellie Tranter in Declassified Australia in November, the Australian government’s international legal responsibilities extend to investigating and regulating individuals and corporate entities who act in and from Australia to support the legally proscribed conduct of the Israeli State.

    The Commission stated:

    “Thus, the Commission recommends that any State engaged in such transfer or trade to Israel shall cease its transfer or trade until the State is satisfied that the goods and technology subject to the transfer or trade are not contributing to maintaining the unlawful occupation or to the commission of war crimes or genocide and thereafter throughout any period when the State is not so satisfied.” [Emphasis added]

    The UN Commission makes clear what trade it refers to:

    “On the issue of arms and military transfer and trade relating to Israel’s military capability, States have a duty to conduct a due diligence review of all transfer and trade agreements with Israel, including but not limited to equipment, weapons, munitions, parts, components, dual use items and technology, to determine whether the goods or technology subject to the transfer or trade contribute to maintaining the unlawful occupation or are used to commit violations of international law.” [Emphasis added]

    If the government becomes aware of an impending military transfer of weapons or technology defined above, to Israel – as the stated intentions of EOS reported here make clear – it is obliged to investigate and if necessary intervene to halt the transfer:

    “This includes both preexisting agreements and future transfers to Israel. States are obliged to demonstrate that any transfer or trade relating to military capability is not being used by Israel to maintain the unlawful occupation or commit violations of international law.” [Emphasis added]

    Words are not enough
     The Australian government and the Defence Department have continued their obfuscation of Australia’s weapons trade with Israel, as Declassified Australia has been reporting repeatedly.

    ABC television has reported how the government continues to insist no weapons or ammunition had been supplied “directly to Israel” since its latest genocidal war on Gaza began. The addition of the word “directly” is a notable change to the government’s wording, since this EOS news emerged.

    In response to the ABC report, Prime Minister Albanese said: “We do not sell arms to Israel . . .  We looked into this matter and the company has confirmed with the Department of Defence that the particular system was not exported from Australia. Australia does not export arms to Israel.”

    Declassified Australia has previously reported on the Albanese Government’s repeated and misleading use of the phrase “to Israel”. Arms companies are known for exporting their weaponry, or parts and components thereof, via third party countries in an attempt to cover their tracks.

    A defence industry source told the ABC the Australian-made components of the EOS R400 remote weapons system were assembled at the company’s wholly-owned US subsidiary in Alabama USA, before being shipped to Israel without an Australian export approval.

    Military exports, including ammunition, munitions, parts and components, do not need to travel ‘directly’ to Israel to be prohibited under the Arms Trade Treaty.

    Governments are required to find out where their weapons will, or may, end up and then make responsible decisions that comply with the treaty. A government must consider and assess the potential ‘end users’ of its military exports.

    A UN expert panel has issued repeated demands that States and companies cease all arms transfers to Israel or risk complicity in international crimes, possibly including genocide. It stated:

    “An end to transfers must include indirect transfers through intermediary countries that could ultimately be used by Israeli forces, particularly in the ongoing attacks on Gaza.…” [Emphasis added.]

    Greens’ defence spokesperson, Senator David Shoebridge, has said, “What we might be seeing here is the impact of what’s called AUKUS Pillar 2, the removal of any controls for the passage of weapons between Australia and the United States, and then Australia permitting the United States to send Australian weapons anywhere”.

    The EOS R400 remote weapon system integrated with the Oshkosh Joint Light Tactical Vehicle. Image: US Army

    Not the first time
     EOS has a history of supplying its remote weapons systems to military regimes accused of extensive war crimes.

    During the catastrophic Yemen war which started in 2014, despite significant evidence of war crimes, EOS sold its weapons systems to both Saudi Arabia and the United Arab Emirates. EOS enjoyed the full support of the Turnbull coalition government and its defence industry minister Christopher Pyne.

    In early 2019, ABC TV reported, Saudi Arabia awarded Australian weapons manufacturer EOS a contract to supply it with 500 of its R400 Remote Weapons Systems.

    The company has also benefited from the government-industry ‘revolving door’. Former chief of army, Peter Leahy, was on the EOS board from 2009 until late 2022, encompassing the period of the Yemen war. He served as the company’s chair from mid-2021 until his departure.

    The two longest-serving current members of the EOS board are former chief of air force, Geoff Brown (joined 2016) and former Labor senator for the ACT, Kate Lundy (joined 2018).

    The release of a Human Rights Watch (HRW) report in 2023 raised serious concerns about EOS and its Saudi Arabian arms deals.

    HRW’s report revealed that hundreds, possibly thousands, of unarmed migrants and asylum-seekers had been killed at the Yemen-Saudi border in the 15 months between March 2022 and June 2023, allegedly by Saudi officers.

    Human Rights Watch says it identified on Google Earth what looks like “a Mine-Resistant Ambush Protected (MRAP) vehicle” near a Saudi border guard posts north of the Yemeni refugee trail in January 1, 2023.

    The vehicle has what appears to be “a heavy machine gun mounted in a turret on its roof”. This description closely matches the military equipment that Australia sold to Saudi Arabia a few years earlier.

    Declassified Australia put a number of questions to EOS, the Department of Defence, and the offices of the Prime Minister, the Defence Minister, and the Foreign Minister. None responded to our questions on this matter.

    Michelle Fahy is an independent writer and researcher, specialising in the examination of connections between the weapons industry and government, and has written in various independent publications. She is on X @FahyMichelle, and on Substack at UndueInfluence.substack.com. This article has been republished from Declassified Australia with permission.

    This article was first published on Café Pacific.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI: Real Matters Reports Second Quarter Financial Results

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 30, 2025 (GLOBE NEWSWIRE) — Real Matters Inc. (TSX: REAL) (“Real Matters” or the “Company”), a leading network management services platform for the mortgage and insurance industries, today announced its financial results for the second quarter ended March 31, 2025.

    “We posted consolidated Net Revenue(A) of $10.1 million compared with $11.5 million in the second quarter of 2024 mainly due to a double-digit decline in the addressable U.S. purchase mortgage origination market. We continue to maintain our focus on operational efficiency and leveraged our network management model to deliver U.S. Appraisal Net Revenue(A) margins of 27.3% in the second quarter, up 80 basis points sequentially. Our U.S. Title segment delivered strong year-over-year growth driven by net market share gains with clients and higher refinance origination market volumes; refinance origination revenue was up 40% year-over-year and Net Revenue(A) for the segment was up 32%,” said Real Matters Chief Executive Officer Brian Lang. “With $45.7 million in cash and no debt, Real Matters remains well positioned for current market conditions and we are primed to scale up.”

    “As we have experienced in the past, economic and financial market uncertainties can create significant opportunity for the mortgage industry. Even minor decreases in interest rates like those we saw last fall can have a significant positive impact on origination volumes – especially from today’s historical low volumes. With nearly 10 million outstanding mortgages with rates above 6%, and nearly 7 million mortgages above 6.5%, the pool of refinance candidates continues to grow,” concluded Lang. “Solid execution of our strategy continues to broaden our client base and deepen our customer relationships, particularly in U.S. Title where we have significant runway for growth, which should allow us to better capitalize on market improvements and capture more volume.”

    Q2 2025 Summary

    • Consolidated revenue of $37.3 million, down 11% year-over-year as increased volumes in our U.S. Title and Canadian segments were offset by lower year-over-year U.S. Appraisal addressable volumes
    • Consolidated Adjusted EBITDA(A) of $(1.9) million compared with $0.7 million in Q2’24
    • Net loss of $2.2 million, down from net income of $2.1 million in Q2’24
    • Launched three new clients in Q2’25
    • Real Matters’ U.S. Appraisal mortgage origination volumes down 21% year-over-year mainly due to lower U.S. addressable purchase origination market volumes
    • Real Matters’ U.S. Title mortgage origination volumes up 32% year-over-year due to net market share gains with clients and higher refinance origination market volumes
    • Cash and cash equivalents of $45.7 million and no outstanding debt as at March 31, 2025

    Financial and Operational Summary

        Quarter ended       Six months ended   %
        2025     2025     2024     2024     2024     % Change1     2025     2024     Change1
        Q2   Q1   Q4   Q3   Q2   Quarter
    over
    Quarter    		 Year
    over
    Year    		   March 31 March 31   Year
    over
    Year
    Consolidated                                        
    Revenue $ 37.3   $ 41.0   $ 45.6   $ 49.5   $ 42.2     -9 % -11 %   $ 78.3   $ 77.6     1 %
    Net Revenue(A) $ 10.1   $ 10.9   $ 12.0   $ 13.1   $ 11.5     -7 % -13 %   $ 20.9   $ 21.2     -1 %
    Adjusted EBITDA(A) $ (1.9 ) $ (1.7 ) $ 0.6   $ 1.7   $ 0.7     -14 % -365 %   $ (3.5 ) $ (0.4 )   -881 %
    Net (loss) income $ (2.2 ) $ 2.3   $ (0.2 ) $ 1.7   $ 2.1     -197 % -207 %   $ 0.1   $ (1.5 )   104 %
    Net (loss) income per diluted share $ (0.03 ) $ 0.03   $ –   $ 0.02   $ 0.03     -200 % -200 %   $ 0.00   $ (0.02 )   100 %
    Adjusted Net (loss) income(A) $ (1.2 ) $ (0.3 ) $ 0.9   $ 1.7   $ 1.3     -345 % -192 %   $ (1.5 ) $ 0.1     -1600 %
    Adjusted Net (loss) income(A) per diluted share $ (0.02 ) $ 0.00   $ 0.01   $ 0.02   $ 0.02     0 % -200 %   $ (0.02 ) $ 0.00     0 %
                                             
    U.S. Appraisal segment                                        
    Revenue $ 26.7   $ 29.4   $ 33.8   $ 37.5   $ 32.6     -9 % -18 %   $ 56.0   $ 59.3     -6 %
    Net Revenue(A) $ 7.3   $ 7.8   $ 9.0   $ 10.3   $ 9.2     -6 % -21 %   $ 15.1   $ 16.6     -10 %
    Net Revenue(A) margin   27.3 %   26.5 %   26.7 %   27.6 %   28.3 %           26.9 %   28.1 %    
    Adjusted EBITDA(A) $ 2.6   $ 2.4   $ 4.1   $ 5.5   $ 4.4     7 % -41 %   $ 5.0   $ 7.1     -30 %
    Adjusted EBITDA(A) margin   35.4 %   30.9 %   45.2 %   53.2 %   47.9 %           33.1 %   42.5 %    
                                             
    U.S. Title segment                                        
    Revenue $ 2.3   $ 2.5   $ 2.4   $ 2.1   $ 2.0     -11 % 11 %   $ 4.8   $ 4.1     18 %
    Net Revenue(A) $ 1.2   $ 1.4   $ 1.2   $ 0.9   $ 0.9     -13 % 32 %   $ 2.5   $ 1.9     36 %
    Net Revenue(A) margin   52.1 %   53.4 %   49.8 %   43.6 %   44.0 %           52.8 %   45.7 %    
    Adjusted EBITDA(A) $ (2.1 ) $ (1.8 ) $ (1.6 ) $ (1.9 ) $ (1.7 )   -18 % -28 %   $ (3.9 ) $ (3.3 )   -20 %
    Adjusted EBITDA(A) margin   -179.6 %   -132.3 %   -131.4 %   -209.8 %   -184.8 %           -154.3 %   -176.0 %    
                                             
                                             
    Canadian segment                                        
    Revenue $ 8.3   $ 9.1   $ 9.4   $ 9.9   $ 7.6     -8 % 11 %   $ 17.5   $ 14.2     23 %
    Net Revenue(A) $ 1.6   $ 1.7   $ 1.8   $ 1.9   $ 1.4     -8 % 11 %   $ 3.3   $ 2.7     24 %
    Net Revenue(A) margin   19.0 %   18.9 %   18.9 %   19.0 %   18.9 %           19.0 %   18.8 %    
    Adjusted EBITDA(A) $ 1.0   $ 1.1   $ 1.2   $ 1.3   $ 0.9     -8 % 17 %   $ 2.2   $ 1.6     37 %
    Adjusted EBITDA(A) margin   65.7 %   66.1 %   67.7 %   69.3 %   62.3 %           65.9 %   59.7 %    
                                             
    Corporate segment                                        
    Adjusted EBITDA(A) $ (3.4 ) $ (3.4 ) $ (3.1 ) $ (3.2 ) $ (2.9 )   0 % -15 %   $ (6.8 ) $ (5.8 )   -18 %
     

    Note 1 – Percentage change is calculated based on figures disclosed in our MD&A which are rounded to the nearest thousands of dollars.

    Conference Call and Webcast
    A conference call to review the results will take place at 10:00 a.m. (ET) on Wednesday, April 30, 2025, hosted by Chief Executive Officer Brian Lang and Chief Financial Officer Rodrigo Pinto. An accompanying slide presentation will be posted to the Investor section of our website shortly before the call.

    Conference call dial-in:

    • Participants can dial-in to the conference call; however, pre-registration is required. To register, visit: https://register-conf.media-server.com/register/BIb410bf1804714fc98c4a22b2351db181.
    • Once registered, you will receive an email including dial-in details and a unique access code required to join the live call.
    • Please ensure you have registered at least 10 minutes prior to the conference call start time.

    To listen to the live webcast of the call:

    The webcast will be archived and a transcript of the call will be available in the Investor section of our website following the call.

    (A) Non-GAAP Measures
    The non-GAAP measures used in this news release, including Net Revenue, Adjusted EBITDA and Adjusted Net Income do not have a standardized meaning prescribed by IFRS® Accounting Standards and are therefore unlikely to be comparable to similar measures presented by other issuers. These non-GAAP measures are more fully defined and discussed in the Company’s MD&A for the three and six months ended March 31, 2025 under the heading “Non-GAAP measures”, which is incorporated by reference in this Press Release and available on SEDAR+ at www.sedarplus.ca.

    Real Matters financial results for the three and six months ended March 31, 2025 are included in the unaudited interim condensed consolidated financial statements and the accompanying MD&A, each of which are available on SEDAR+ at www.sedarplus.ca. In addition, supplemental information is available on our website at www.realmatters.com.

    Net Revenue represents the difference between revenues and transaction costs. Net Revenue margin is calculated as Net Revenue divided by Revenues. The reconciling items between net income or loss and Net Revenue were as follows:

                Quarter ended   Six months ended
        Q2 2025   Q1 2025   Q4 2024   Q3 2024   Q2 2024   March 31,
    2025    		 March 31,
    2024
                                   
    Net (loss) income $ (2.2 ) $ 2.3   $ (0.2 ) $ 1.7   $ 2.1     $ 0.1   $ (1.5 )
    Operating expenses   12.1     12.7     12.6     11.8     11.2       24.6     22.8  
    Amortization   0.7     0.7     0.8     0.8     0.8       1.5     1.6  
    Restructuring expenses   –     0.4     –     –     –       0.5     –  
    Interest expense   0.1     0.1     0.1     0.1     0.1       0.2     0.2  
    Interest income   (0.5 )   (0.5 )   (0.5 )   (0.5 )   (0.4 )     (1.0 )   (0.8 )
    Net foreign exchange loss (gain)   0.2     (6.1 )   1.3     (0.9 )   (2.2 )     (6.0 )   (0.2 )
    Loss (gain) on fair value                              
    of derivatives   0.6     1.7     (1.9 )   (0.1 )   0.1       2.3     (0.1 )
    Income tax (recovery) expense   (0.9 )   (0.4 )   (0.2 )   0.2     (0.2 )     (1.3 )   (0.8 )
    Net Revenue $ 10.1   $ 10.9   $ 12.0   $ 13.1   $ 11.5     $ 20.9   $ 21.2  
     

    Adjusted EBITDA represents net income or loss before stock-based compensation expense, amortization, restructuring expenses, interest expense, interest income, net foreign exchange gain or loss, gain or loss on fair value of derivatives and income tax expense or recovery. Adjusted EBITDA margin is calculated as Adjusted EBITDA divided by Net Revenue. The reconciling items between net income or loss and Adjusted EBITDA were as follows:

                Quarter ended   Six months ended
        Q2 2025   Q1 2025   Q4 2024   Q3 2024   Q2 2024   March 31,
    2025    		 March 31,
    2024
                                   
    Net (loss) income $ (2.2 ) $ 2.3   $ (0.2 ) $ 1.7   $ 2.1     $ 0.1   $ (1.5 )
    Stock-based compensation expense   0.1     0.1     1.2     0.4     0.4       0.2     1.2  
    Amortization   0.7     0.7     0.8     0.8     0.8       1.5     1.6  
    Restructuring expenses   –     0.4     –     –     –       0.5     –  
    Interest expense   0.1     0.1     0.1     0.1     0.1       0.2     0.2  
    Interest income   (0.5 )   (0.5 )   (0.5 )   (0.5 )   (0.4 )     (1.0 )   (0.8 )
    Net foreign exchange loss (gain)   0.2     (6.1 )   1.3     (0.9 )   (2.2 )     (6.0 )   (0.2 )
    Loss (gain) on fair value                              
    of derivatives   0.6     1.7     (1.9 )   (0.1 )   0.1       2.3     (0.1 )
    Income tax (recovery) expense   (0.9 )   (0.4 )   (0.2 )   0.2     (0.2 )     (1.3 )   (0.8 )
    Adjusted EBITDA $ (1.9 ) $ (1.7 ) $ 0.6   $ 1.7   $ 0.7     $ (3.5 ) $ (0.4 )
     

    The reconciling items between net income or loss and Adjusted Net Income or Loss were as follows:

                Quarter ended   Six months ended
        Q2 2025   Q1 2025   Q4 2024   Q3 2024   Q2 2024   March 31,
    2025    		 March 31,
    2024
                                   
    Net (loss) income $ (2.2 ) $ 2.3   $ (0.2 ) $ 1.7   $ 2.1     $ 0.1   $ (1.5 )
    Stock-based compensation expense   0.1     0.1     1.2     0.4     0.4       0.2     1.2  
    Amortization of intangibles   0.4     0.4     0.5     0.4     0.4       0.8     0.8  
    Restructuring expenses   –     0.4     –     –     –       0.5     –  
    Net foreign exchange loss (gain)   0.2     (6.1 )   1.3     (0.9 )   (2.2 )     (6.0 )   (0.2 )
    Loss (gain) on fair value                              
    of derivatives   0.6     1.7     (1.9 )   (0.1 )   0.1       2.3     (0.1 )
    Related tax effects   (0.3 )   0.9     –     0.2     0.5       0.6     (0.1 )
    Adjusted Net (Loss) Income $ (1.2 ) $ (0.3 ) $ 0.9   $ 1.7   $ 1.3     $ (1.5 ) $ 0.1  
     

    Forward-Looking Information
    This Press Release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Words such as “could”, “forecast”, “target”, “may”, “will”, “would”, “expect”, “anticipate”, “estimate”, “intend”, “plan”, “seek”, “believe”, “likely” and “predict” and variations of such words and similar expressions are intended to identify such forward-looking information, although not all forward-looking information contains these identifying words.

    The forward-looking information in this Press Release includes statements which reflect the current expectations of management with respect to our business and the industry in which we operate and is based on management’s experience and perception of historical trends, current conditions and expected future developments, as well as other factors that management believes appropriate and reasonable in the circumstances. The forward-looking information reflects management’s beliefs based on information currently available to management, including information obtained from third party sources, and should not be read as a guarantee of the occurrence or timing of any future events, performance or results.

    The forward-looking information in this Press Release is subject to risks, uncertainties and other factors that are difficult to predict and that could cause actual results to differ materially from historical results or results anticipated by the forward-looking information. A comprehensive discussion of the factors which could cause results or events to differ from current expectations can be found in the “Risk Factors” section of our Annual Information Form for the year ended September 30, 2024, which is available on SEDAR+ at www.sedarplus.ca.

    Readers are cautioned not to place undue reliance on the forward-looking information, which reflect our expectations only as of the date of this Press Release. Except as required by law, we do not undertake to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

    About Real Matters
    Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest banks and insurance companies in Canada. We are a leading independent provider of residential real estate appraisals to the mortgage market and a leading independent provider of title services in the U.S. Headquartered in Markham (ON), Real Matters has principal offices in Buffalo (NY) and Middletown (RI). Real Matters is listed on the Toronto Stock Exchange under the symbol REAL. For more information, visit www.realmatters.com.

    For more information:
    Lyne Beauregard
    Vice President, Investor Relations and Corporate Communications
    Real Matters
    lbeauregard@realmatters.com
    416.994.5930

    The MIL Network –

  • MIL-OSI Security: Man charged with terrorism offence after Israeli Embassy incident

    Source: United Kingdom London Metropolitan Police

    A man has been charged with a terrorism offence following an incident at the Embassy of Israel on Monday, 28 April.

    Abdullah Sabah Albadri, 33 (28.12.1991) of no fixed abode was charged on Wednesday, 30 April with the following offences:

    • Preparation of terrorist acts, contrary to Section 5(1)(a) of the Terrorism Act 2006.
    • Two counts of possession of a pointed or bladed article, contrary to Section 139(1) and (6) of the Criminal Justice Act 1988.

    He has been remanded in custody and is due to appear at Westminster Magistrates’ Court later today (30 April).

    Commander Dominic Murphy, Head of the Met’s Counter Terrorism Command said: “We remain in close contact with those based at the Embassy of Israel and we appreciate that these charges will be concerning to them.

    “I would like to reassure the public, however, that from our enquiries so far, we are not seeking anyone else in connection with this matter and we do not believe there is any wider threat to the public.

    “Although the man has now been charged, we continue with our investigation and would urge the public not to speculate further at this time.”

    Background:

    Shortly before 18:00hrs on Monday, 28 April, officers from the Met’s Parliamentary and Diplomatic Protection Command became aware of a man attempting to gain unauthorised access to the grounds of the Embassy of Israel in Kensington, W8.

    Officers prevented the man from entering and arrested him on suspicion of a public order offence, trespassing on a designated site and possession of an offensive weapon.

    He was taken to a London police station and after further enquiries were carried out he was further arrested on suspicion of an offence contrary to Section 5 of the Terrorism Act 2006.

    Due to this, the investigation is being led by detectives from the Met’s Counter Terrorism Command.

    He was subsequently charged as above.

    MIL Security OSI –

  • MIL-OSI: Banco Itaú Chile Announces First Quarter 2025 Management Discussion & Analysis Report

    Source: GlobeNewswire (MIL-OSI)

    SANTIAGO, Chile, April 30, 2025 (GLOBE NEWSWIRE) — BANCO ITAÚ CHILE (SSE: ITAUCL) announced today its Management Discussion & Analysis Report (“MD&A Report”) for the first quarter ended March 31, 2025. For the full MD&A Report, please refer to the following link:

    https://ir.itau.cl/MDAQ12025

    On Thursday, May 8, 2025, at 9:00 A.M. Santiago time (9:00 A.M. ET), the Company’s management team will host a conference call to discuss the financial results. The call will be hosted by André Gailey, CEO; Emiliano Muratore, CFO; and Andrés Perez, Chief Economist.

    Webinar Details:

    Online registration: 

    https://mzgroup.zoom.us/webinar/register/WN_jun0W4C_RSCXLRHeMsyD4A#/registration

    All participants must pre-register using this link to join the webinar. Upon registering, each participant will be provided with details to connect to the call.

    Q&A session:

    The Q&A session will be available for participants through the webinar, where attendees will be allowed to present their questions – we will answer selected questions verbally.

    Investor Relations – Itaú Chile

    IR@itau.cl / ir.itau.cl

    The MIL Network –

  • MIL-OSI Security: INTERPOL targets stolen vehicle trafficking in West African police operation

    Source: Interpol (news and events)

    30 April 2025

    More than 12,000 vehicles were inspected over two weeks, initiating new investigations and uncovering links with organized crime.

    LYON, France: An international police operation targeting vehicle crime in West Africa has led to the detection of approximately 150 stolen vehicles and the seizure of more than 75 vehicles.

    Coordinated by INTERPOL and carried out by national law enforcement agencies in 12 West African countries, the operation – codenamed ‘Safe Wheels’ – also initiated 18 new investigations and uncovered the involvement of two organized crime groups.

    Most of the stolen vehicles detected through INTERPOL’s Stolen Motor Vehicle (SMV) database were trafficked from Canada, while many had also been reported stolen in France, Germany and the Netherlands.

    INTERPOL’s SMV database allows police in the Organization’s 196 member countries to run a check against a suspicious vehicle and find out instantly whether it has been reported as stolen.

    In 2024, around 270,000 vehicles were identified as stolen globally through the SMV database.

    David Caunter, Director of Organized and Emerging Crime at INTERPOL, said:

    “Each year, hundreds of thousands of vehicles are stolen around the world, yet the initial theft is often only the beginning of a vehicle’s journey into the global criminal underworld.

    “Stolen vehicles are trafficked across the globe, traded for drugs and other illicit commodities, enriching organized crime groups and even terrorists.

    “INTERPOL’s SMV database is the strongest tool we have to track stolen vehicles and identify the criminals involved in this global trade.”

    Stolen Canadian cars in Nigeria

    During the two-week operational phase (17-30 March), law enforcement in participating countries established an average of 46 checkpoints each day to inspect a total of 12,600 vehicles, checking their details against INTERPOL’s SMV database.

    Out of the vehicles seized or flagged as stolen, Toyota models were the most represented, followed by Peugeot and Honda.

    Both land and sea routes were used to traffic stolen vehicles detected during the operation.

    In Lagos, during checks of freight containers purportedly from Canada, Nigerian Customs Service (NCS) officers discovered six vehicles – Toyota and Lexus models – four of which showed clear signs of break-in.

    Checks against INTERPOL’s SMV database confirmed that all six vehicles were reported stolen in Canada in 2024. Investigative collaboration is ongoing between the NCS and Canada’s INTERPOL National Central Bureau.  

    Nine law enforcement officers and experts from INTERPOL’s SMV Task Force, including an expert examiner from Canada, were also deployed to the region – in Benin, Cabo Verde, Gambia, Ghana, Nigeria and Togo – to support Operation Safe Wheels.

    Operation Safe Wheels took place under the aegis of Project Drive Out – a new partnership between INTERPOL and the Government of Canada to target vehicle theft and the illegal trade of spare parts – and was made possible by Canadian funding.

    INTERPOL member countries that participated in the operation were: Benin, Burkina Faso, Cabo Verde, Cote d’Ivoire, Gambia, Ghana, Guinea Bissau, Mali, Mauritania, Niger, Nigeria, and Togo.

    MIL Security OSI –

  • MIL-OSI: FrontFundr Shatters Records, Releases 2024 Community Capital Report

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 30, 2025 (GLOBE NEWSWIRE) — FrontFundr, Canada’s leading equity crowdfunding platform, today unveiled its 2024 Community Capital Report, showcasing a groundbreaking year that signals a major shift in Canada’s private investing landscape. In 2024, the platform facilitated an impressive $68.3 million in capital across 66 successful campaigns, more than doubling the amount raised in 2023. This milestone marks a turning point in how Canadians are engaging with private markets and demonstrates the growing appeal of equity crowdfunding.

    Since its launch in 2015 through December 31, 2024, FrontFundr facilitated over $258 million in capital through nearly 28,000 investments through its online platform, solidifying its leadership in Canada’s fast-growing equity crowdfunding sector. The platform now holds an impressive 93% market share under the National Instrument 45-110 Startup Crowdfunding (prospectus) Exemption, underscoring its pivotal role in democratizing access to capital for early-stage companies.

    Noteworthy campaigns in 2024 include Blossom Social, which raised $1.35 million in just 3.5 days, and Edison Motors, which secured $2.4 million in 2024 alone—setting new benchmarks for crowdfunding success in Canada.

    “Equity crowdfunding is no longer a niche alternative; it’s becoming a central component of how Canadians invest in the future they want to build,” said Peter-Paul Van Hoeken, Founder and CEO of FrontFundr. “Our growth reflects a broader movement toward the retailization of private markets, empowering the public to participate, providing emerging companies better access to capital, and creating a more inclusive financial system.”

    Key highlights from the 2024 report include:

    • Investor Growth: Women now represent 26% of investors; individuals aged 30–39 were the most active investors.
    • Sector Leadership: Finance led with over $55 million raised, followed by strong growth in technology, cleantech manufacturing, and food & beverage.
    • Regional Highlights: Ontario led with $35.6 million raised, followed by British Columbia and a resurgent Alberta, with notable growth across the Prairies.
    • Strong Portfolio Performance: 87% of FrontFundr-funded companies remain active, with 13.7% achieving liquidity events—including notable 2024 exits from Hempalta and Liquid Wind.
    • Platform Innovation: New features like a redesigned investment workflow, the launch of FrontFundr Elite Circle, and a partnership with StartEngine offering access to U.S. AI deals fueled a 17% increase in average investment size and a 97% increase in new investors.

    Platform innovations—including a streamlined investment journey, the launch of FrontFundr Elite Circle, and a partnership with StartEngine to access U.S. Accredited Investor-only opportunities—helped boost average investment size by 17% and nearly double new investor sign-ups.

    “This report captures a pivotal moment for Canada’s private markets,” said Trieste Reading, VP of Growth at FrontFundr. “2024 wasn’t just a breakout year for FrontFundr — it signaled a broader shift in how Canadians think about investing and ownership. Canadians are stepping up to back the businesses and causes they care about — and that’s changing the future of finance.”

    The release of the 2024 Community Capital Report comes at a time of growing global momentum to expand access to private markets. This shift was underscored by BlackRock CEO Larry Fink’s 2025 annual letter, which called for democratizing private market opportunities so everyday investors—not just the wealthy—can benefit from the returns of economic growth. As FrontFundr approaches its 10th anniversary in 2025, the platform remains steadfast in its mission to open doors for all Canadians to invest in businesses that reflect their values and shape the future.

    The full Community Capital Report 2024 is available at https://info.frontfundr.com/blog/community-capital-report-2024-from-slow-burn-to-a-breakout-year.

    About FrontFundr
    FrontFundr is Canada’s leading private markets investing platform, empowering startups and growth-stage companies to raise capital from their biggest supporters—everyday Canadians. Since 2015, FrontFundr has enabled thousands of investors to access vetted investment opportunities in private companies, from promising startups to established growth businesses. Whether you’re a seasoned investor or making your first-ever investment, FrontFundr makes it easy to participate in building the future of innovation and entrepreneurship in Canada. Learn more at www.frontfundr.com.

    Media Contact:
    Trieste Reading
    VP of Growth, FrontFundr
    Email: trieste@frontfundr.com
    Phone: +1 (604) 910-5074
    Website: www.frontfundr.com

    The MIL Network –

  • MIL-OSI Asia-Pac: LCQ22: Treatment of waste lead-acid batteries

    Source: Hong Kong Government special administrative region

    LCQ22: Treatment of waste lead-acid batteries 
    Question:
     
         Under the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and their Disposal (the Convention), member countries (Parties) are expected to treat and dispose of wastes as close as possible to their place of generation and to prevent and minimise the generation of wastes at source, and waste lead-acid batteries are hazardous waste regulated under the Convention. China is a Party to the Convention, the Convention is therefore applicable to Hong Kong as well. It has been reported that at present, most of the waste lead-acid batteries in Hong Kong were exported to other places (including Korea) after treatment, and those recycled locally only accounted for a small portion. In this connection, will the Government inform this Council:
     
    (1) of the quantity of waste lead-acid batteries generated in Hong Kong in each of the past three years, as well as the respective quantities of waste lead-acid batteries preliminarily processed locally, exported to overseas advanced facilities for recycling (with a breakdown by export areas) and recycled locally;
     
    (2) of the respective maximum annual treatment capacities of the facilities for (i) preliminary treatment and (ii) recycling of waste lead-acid batteries in Hong Kong;
     
    (3) of the details of projects relating to waste lead-acid batteries subsidised by the Recycling Fund in the past three years (including but not limited to the amount of subsidy granted for each project and the content of the subsidy);
     
    (4) of the current progress of the implementation of the Producer Responsibility Scheme on waste lead-acid batteries, as well as the recovery target for local waste lead-acid batteries after the implementation of the Scheme; and
     
    (5) whether the authorities have formulated a contingency plan to cope with the situation where the collection of treated waste lead-acid batteries exported from Hong Kong will be suspended in the event of policy adjustments by Korea or other places; if so, of the specific proposals; if not, the reasons for that?
     
    Reply:
     
    President,
     
         Handling of waste lead-acid batteries is strictly regulated under the Waste Disposal Ordinance, and the Waste Disposal (Chemical Waste) (General) Regulation including registration as chemical waste producers, applications for chemical waste collection and disposal licences, reporting the quantities of waste lead-acid batteries produced, collected and disposed of, and regulating the transboundary movements of waste lead-acid batteries according to the Basel Convention (the Convention).
     
        Any person intending to export waste lead-acid batteries for recycling should apply to the Environmental Protection Department (EPD) for an export permit. Prior to issuing the permit, the EPD will obtain written consent from the relevant authority of the concerned state of import to ensure that the waste lead-acid batteries will be transported to an approved recycling facility in the destination location for recycling in an environmentally sound manner.
     
         The Convention encourages the Parties of the Convention to dispose of controlled waste within the country of origin as far as possible, but it does not prohibit the import or export of such waste under certain conditions, including that the state of import needs the waste as a raw material for recycling or recovery use. Currently, the waste lead-acid batteries exported from the Hong Kong Special Administrative Region comply with the above principles. Under the permit control system, approval from the competent authority of the concerned state of import must be obtained prior to the export of waste lead-acid batteries, which must be recycled in facilities equipped with processing capacity in waste lead-acid batteries.
     
         The EPD will continue to combat illegal collection and disposal of waste lead-acid batteries, and promote proper disposal of waste lead-acid batteries and the relevant legal requirements to the trade.
     
         The reply to the question raised by the Hon Judy Chan is as follows:
     
    (1) and (2) Currently, there are approximately 700 000 fuel-powered or gas-powered vehicles in Hong Kong, amounting to an estimation of around 3 000 tonnes of waste lead-acid batteries generated annually. In addition to other applications including uninterruptible power supply systems (e.g. data centres and emergency lighting), non-road mobile machineries (e.g. forklifts), vessels, and emergency generators in industrial and commercial buildings, an additional 3 500 to 4 000 tonnes of waste lead-acid batteries are generated each year. Thus, it is estimated that a total of 6 500 to 7 000 tonnes of waste lead-acid batteries are generated in Hong Kong annually. In recent years, the number of electric vehicles in Hong Kong has been steadily increasing. There were 110 014 electric vehicles in Hong Kong in 2024, representing about 12.2 per cent of the total number of vehicles. As newly launched electric vehicles no longer use lead-acid batteries, it is expected that the quantity of waste lead-acid batteries generated will gradually decline in the future.    
     
         Currently, there are eight licensed disposal facilities for disposal of waste lead-acid batteries, seven of which conduct preliminary treatment such as sorting, insulation, and packaging before exporting the waste lead-acid batteries to overseas facilities for recycling. According to the capacity stipulated in their licences, these seven facilities can collectively process up to approximately 42 000 tonnes of waste lead-acid batteries annually. Another licensed facility located at the EcoPark in Tuen Mun processes waste lead-acid batteries into lead bullion by dismantling waste lead-acid batteries into lead grid and lead paste by means of high temperature smelting. The maximum annual disposal capacity (for lead bullion production) stipulated in its licence is about 8 000 tonnes.
     
         In the past three years, the quantities of waste lead-acid batteries treated locally and exported overseas are listed as follows:
     

    Year 
    (3) Over the past three years (i.e. 2022 to 2024), the Recycling Fund approved a total subsidy of about $1.03 million for seven waste lead-acid batteries recyclers. The approved funding was to subsidise the purchase of equipment, such as packaging machine, scissor lift and electric pallet truck for enhancing their productivity, and provide a one-off subsidy to frontline recycling staff to help the recycling industry to cope with the COVID-19 epidemic.
     
    (4) The Government has introduced the Promotion of Recycling and Proper Disposal of Products (Miscellaneous Amendments) Bill 2025 (Amendment Bill) to the Legislative Council on April 2 this year to establish a common legislative framework for the producer responsibility schemes (PRSs) applicable to different products. After the passage of the Amendment Bill, we will extend PRSs to more products (including lead-acid batteries) as and when appropriate by means of subsidiary legislation.
     
         The EPD has conducted consultations on the proposed PRS on lead-acid batteries from June 2023 to April 2025. We hitherto have met with more than 40 companies or organisations including trade associations of automotive batteries and tyres industry, traders of automotive parts, suppliers of uninterrupted power supplies, medical devices and forklifts, as well as engineering contractors and recyclers, with a view to considering the trade’s opinions when drawing up the implementation details. We will maintain a close communication with the trades and take into account their views for the sake of fine-tuning the operational details of the scheme as appropriate, including setting appropriate recycling targets in light of the prevailing circumstances.
     
    (5) After proper treatment of waste lead-acid batteries, valuable lead materials can be recovered, which have considerable value in the international recycling market. Therefore, there is a market for purchasing waste lead-acid batteries for recycling. Apart from Korea, many countries including Poland, the Czech Republic, Spain, Mexico, Greece, and Canada, possess the capability to process waste lead-acid batteries and import them from other places for recycling purposes. The local recycling facility located at the EcoPark is also capable of treating locally generated waste lead-acid batteries. Therefore, even if certain places adjust their policies and cease importing treated waste lead-acid batteries, the market is still capable of handling them.
    Issued at HKT 12:15

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Smith Statement on USTR Report on IP Protections

    Source: United States House of Representatives – Congressman Adrian Smith (R-NE)

    Washington, DC — Today Representative Adrian Smith (R-NE) released the following statement after the Office of the United States Trade Representative released its 2025 Special 301 Report on Intellectual Property Protection and Enforcement.

    “Intellectual property infringement discourages American ingenuity and threatens future advancement. The United States is home to the most pioneering economic ventures in the world because of our commitment to freedom, opportunity, and rule of law. Safeguards for the rights of American innovators must be maintained. This report reflects significant priorities including protecting digital service providers, preventing forced technology transfer, and holding China accountable to Phase One Agreement commitments. I commend Ambassador Greer for his diligence and look forward to continuing to work with the Trump administration to ensure American IP interests are respected in the global marketplace.”

    ###

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: LCQ7: Developing the halal market

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Yung Hoi-yan and a written reply by the Secretary for Commerce and Economic Development, Mr Algernon Yau, in the Legislative Council today (April 30):
     
    Question:
     
         It has been reported that the global Muslim population currently exceeds 2 billion, representing about 25 per cent of the world’s total population. Based on the State of the Global Islamic Economy Report 2022 released by DinarStandard in 2023, Muslims spent US$2.29 trillion in 2022 on, among others, food, pharmaceuticals, cosmetics, fashion and travel, and the global Islamic finance assets are expected to reach US$5.96 trillion by 2026. There are views that Hong Kong should expand its share of the international halal market in the countries along the Belt and Road, and strengthen industrial co-operation with the relevant countries. Regarding the development of the halal market, will the Government inform this Council:
     
    (1) whether it has kept information on the Gross Domestic Product (GDP) contributed to Hong Kong by the halal industry; if so, of the respective GDP generated in Hong Kong in each of the past five years by the products or industries in the halal market (i.e. (i) food and beverages, (ii) pharmaceutical and health products, (iii) cosmetics, (iv) fashion, (v) hotel and tourism, and (vi) financial services); if not, whether it has plans to compile statistics and keep the relevant information from now on;
     
    (2) whether it has kept information on Hong Kong enterprises which have exported goods to Muslim countries; if so, of the number of Hong Kong enterprises which have exported goods to Muslim countries in each of the past five years, the types of their goods and the respective GDP involved; if not, whether it has plans to compile statistics and keep the relevant information from now on;
     
    (3) whether it knows if the products currently re-exported through Hong Kong can be sold in the relevant Muslim countries after being certified by the Incorporated Trustees of the Islamic Community Fund of Hong Kong in accordance with Islamic law and procedures; if so, of the details; if not, what channels are available for such re-exported products to be sold in Muslim countries; and
     
    (4) whether it has plans to introduce a “halal certification system” and conduct mutual recognition of halal certification with major Muslim countries, so as to become a core corridor for certification and trade between related Mainland production enterprises and the halal consumer market, thereby promoting a steady growth in the trading volume of halal products in Hong Kong; if so, of the details; if not, the reasons for that?
     
    Reply:
     
    President,
     
         Upon consulting the Culture, Sports and Tourism Bureau and the Financial Services and the Treasury Bureau, the consolidated reply to the Hon Yung Hoi-yan’s question is as follows:
     
         Emerging markets such as the Middle East, the Association of Southeast Asian Nations (ASEAN) and other countries along the Belt and Road (B&R) have been the Government’s valued trade and economic partners. These countries’ economic development is growing rapidly and their markets possess vast potential, alongside enormous population of Muslims. The Government has been actively encouraging various sectors of society to seize business opportunities in these markets, so that they can develop in areas such as trade, tourism and finance and provide products and services tailored to the needs of these emerging markets, including the Muslim population therein.
     
         According to the information provided by the Census and Statistics Department (C&SD), the total value of Hong Kong’s domestic exports to Muslim countries (Note) increased from HK$2.7 billion in 2020 to HK$5.5 billion in 2024 whilst the total value of Hong Kong’s re-exports to Muslim countries increased from HK$178.8 billion in 2020 to HK$215.8 billion in 2024, recording an average annual growth rate of about 19.0 per cent and 4.8 per cent respectively in the past five years. The values of Hong Kong’s domestic exports and re-exports to individual Muslim countries in the past five years are at Appendices 1 and 2 respectively. Amongst others, major commodities of Hong Kong’s domestic exports to Muslim countries include “beverages”, “jewellery, goldsmiths’ and silversmiths’ wares, and other articles of precious or semi-precious materials” and “petroleum, petroleum products and related materials”, whilst major commodities of Hong Kong’s re-exports to Muslim countries include “telecommunications and sound recording and reproducing apparatus and equipment”, “electrical machinery, apparatus and appliances, and electrical parts thereof” and “office machines and automatic data processing machines”. The C&SD does not separately maintain information about the number of companies in Hong Kong exporting products to Muslim countries nor the relevant value of gross domestic product.
     
         Besides, although the “halal industry” does not have standard international industrial classifications like the retail and the catering industries rendering it impossible to draw up corresponding statistical coverage of the “halal industries” for compiling relevant information, the Government has been actively encouraging various sectors of society to seize opportunities in these halal markets, including promoting developments in areas such as trade, tourism and finance.
     
         In terms of trade, meeting the requirements for relevant halal product certifications and understanding the opportunities and challenges within the relevant markets are crucial. In this regard, the Hong Kong Trade Development Council (HKTDC) has been conducting research on individual key halal markets to understand their latest developments, and providing practical information to Hong Kong businesses, including the information on relevant product certification bodies. Furthermore, the HKTDC has also been providing various platforms to promote business opportunities in the halal market. For example, the HKTDC has been promoting different high-quality halal products and food, as well as related trading of products, at its annual Food Expo PRO to help the catering industry to expand its network and businesses. To assist Hong Kong enterprises in grasping the opportunities of the halal food market and facilitate buyers in procurement, the HKTDC introduced the Halal Showcase and added halal food and beverage labels to relevant exhibitors in the 2024 Food Expo PRO. The event also offered different seminars, explaining the requirements of halal food certification and analysing market opportunities and challenges, in order to promote multi-faceted business opportunities relevant to halal food to the businesses.
     
     
         In 2025-26, the HKTDC will arrange for local halal food manufacturers to participate in its Food Expo PRO to strengthen their collaboration with other halal food markets, as well as set up relevant pavilions at the Food Expo PRO to showcase more halal food and products and further explore Islamic business opportunities.
     
         At the same time, the Government strives to assist Hong Kong enterprises in developing more diversified markets and enhancing their competitiveness through various funding schemes and support measures. Among others, the Dedicated Fund on Branding, Upgrading and Domestic Sales provides funding support for enterprises to develop business in 40 economies with which Hong Kong has signed free trade agreements and/or investment promotion and protection agreements (IPPAs), including seven Muslim countries. Also, the SME Export Marketing Fund provides funding support for enterprises to participate in export promotion activities, promoting appropriate products and services to the Muslim population in markets outside Hong Kong.
     
         The Government will continue to actively explore emerging markets, including ASEAN, the Middle East and markets along the B&R, which have large Muslim population. The Government has been actively visiting ASEAN Member States to maintain close communication. For example, from 2022 to 2024, the Chief Executive led delegations to visit seven ASEAN Member States, concluding nearly 90 memoranda of understanding (MOU) and agreements, which helped create business opportunities for Hong Kong and strengthened friendships between the two places. The Government has also been actively reaching out to potential partners in the region, and signed an IPPA with Bahrain in March 2024, which is the third IPPA signed with economies in the Middle East region after the ones with Kuwait and the United Arab Emirates. At the same time, we are exploring the signing of IPPAs with Saudi Arabia, Bangladesh, Egypt and Peru.
     
         In view of the huge economic potential of the countries along the B&R (including those with large Muslin population), Invest Hong Kong (InvestHK) set up consultant offices in Cairo, the capital of Egypt, and Izmir, the third largest city in Türkiye, within 2024-25 according to the 2023 Policy Address and 2024-25 Budget. This will be beneficial to attracting capital and enterprises from these two member states of the Organisation of Islamic Cooperation and seizing relevant business opportunities.
     
         In respect of tourism, the Chief Executive stated in the 2024 Policy Address that the Government would actively develop visitor sources from the Middle East and ASEAN which have large Muslim population to seize opportunities. It is estimated that by 2028, there will be 250 million Muslim visitors worldwide and tourism receipts will reach US$225 billion.
     
         To encourage the travel trade to enhance Muslim-friendly tourism facilities, the Hong Kong Tourism Board (HKTB) has commissioned the internationally recognised halal travel promotion company CrescentRating since 2024 to carry out a series of work to study how Hong Kong can further enhance its “Muslim-friendly” tourism facilities, and assess local hotels, attractions and meetings, incentive travels, conventions and exhibitions (MICE) venues based on categories and standards on par with international benchmarks while taking into account Hong Kong’s actual situation. As at mid-April this year, 61 hotels, and five attractions and MICE venues have successfully applied for and obtained the ratings from CrescentRating.
     
         Besides, to encourage restaurants to obtain halal-related certification, the HKTB works with local halal certification authority, the Incorporated Trustees of the Islamic Community Fund of Hong Kong (Board of Trustees, BOT), to promote existing accreditations in the city and encourage food and beverage establishments to apply for certification. As at mid-April this year, the number of certified restaurants has increased from about 100 at the beginning of 2024 to more than 170, which also include high-end Chinese restaurant, Cantonese restaurant and contemporary Hong Kong-style noodle restaurants. In addition, four brands in the city are now offering halal-certified bakery products to provide more choices of souvenirs for Muslim visitors.
     
         Regarding financial services, the Government amended the laws in 2013 and 2014 to provide a tax structure for sukuk comparable with that for conventional bonds, and to allow for the issuance of sukuk under the Government Bond Programme. Thereafter, the Government issued three sukuk, totalling US$3 billion, under the Government Bond Programme, to demonstrate the viability of Hong Kong’s finance platform and that our legal, regulatory and taxation framework can readily support sukuk issuances of different structures. Besides, an array of Islamic financial products and services have been introduced in Hong Kong, including the listing of global sukuk on the Hong Kong Exchanges and Clearing Limited (HKEX), Shariah-compliant equity indices and Islamic banking windows. Asia’s first exchange-traded fund (ETF) tracking the Saudi Arabia market was also listed on the HKEX in November 2023.
     
         In the area of investment co-operation, the Hong Kong Monetary Authority signed an MOU with the Public Investment Fund of Saudi Arabia (PIF) to jointly anchor a new investment fund of US$1 billion to facilitate companies with nexus to Hong Kong and the Greater Bay Area to develop their business in Saudi Arabia. The Government will continue to expand market development efforts, including promoting the advantages of Hong Kong’s financial system and market, so as to explore further collaboration with Islamic markets in the area of finance.
     
    Note: The “Muslim countries” as mentioned in this reply refer to the 57 Members of the Organisation of Islamic Cooperation.

    MIL OSI Asia Pacific News –

  • MIL-Evening Report: Amid Dutton’s ‘hate media’ and Trump’s despotism, press freedom is more vital than ever

    COMMENTARY: By Alexandra Wake

    Despite all the political machinations and hate towards the media coming from the president of the United States, I always thought the majority of Australian politicians supported the role of the press in safeguarding democracy.

    And I certainly did not expect Peter Dutton — amid an election campaign, one with citizens heading to the polls on World Press Freedom Day — to come out swinging at the ABC and Guardian Australia, telling his followers to ignore “the hate media”.

    I’m not saying Labor is likely to be the great saviour of the free press either.

    The ALP has been slow to act on a range of important press freedom issues, including continuing to charge journalism students upwards of $50,000 for the privilege of learning at university how to be a decent watchdog for society.

    Labor has increased, slightly, funding for the ABC, and has tried to continue with the Coalition’s plans to force the big tech platforms to pay for news. But that is not enough.

    The World Press Freedom Index has been telling us for some time that Australia’s press is in a perilous state. Last year, Australia dropped to 39th out of 190 countries because of what Reporters Without Borders said was a “hyperconcentration of the media combined with growing pressure from the authorities”.

    We should know on election day if we’ve fallen even further.

    What is happening in America is having a profound impact on journalism (and by extension journalism education) in Australia.

    ‘Friendly’ influencers
    We’ve seen both parties subtly start to sideline the mainstream media by going to “friendly” influencers and podcasters, and avoid the harder questions that come from journalists whose job it is to read and understand the policies being presented.

    What Australia really needs — on top of stable and guaranteed funding for independent and reliable public interest journalism, including the ABC and SBS — is a Media Freedom Act.

    My colleague Professor Peter Greste has spent years working on the details of such an act, one that would give media in Australia the protection lacking from not having a Bill of Rights safeguarding media and free speech. So far, neither side of government has signed up to publicly support it.

    Australia also needs an accompanying Journalism Australia organisation, where ethical and trained journalists committed to the job of watchdog journalism can distinguish themselves from individuals on YouTube and TikTok who may be pushing their own agendas and who aren’t held to the same journalistic code of ethics and standards.

    I’m not going to argue that all parts of the Australian news media are working impartially in the best interests of ordinary people. But the good journalists who are need help.

    The continuing underfunding of our national broadcasters needs to be resolved. University fees for journalism degrees need to be cut, in recognition of the value of the profession to the fabric of Australian society. We need regulations to force news organisations to disclose when they are using AI to do the job of journalists and broadcasters without human oversight.

    And we need more funding for critical news literacy education, not just for school kids but also for adults.

    Critical need for public interest journalism
    There has never been a more critical need to support public interest journalism. We have all watched in horror as Donald Trump has denied wire services access for minor issues, such as failing to comply with an ungazetted decision to rename the Gulf of Mexico to the Gulf of America.

    And mere days ago, 60 Minutes chief Bill Owens resigned citing encroachments on his journalistic independence due to pressure from the president.

    The Committee to Protect Journalists is so concerned about what’s occurring in America that it has issued a travel advisory for journalists travelling to the US, citing risks under Trump administration policies.

    Those of us who cover politically sensitive issues that the US administration may view as critical or hostile may be stopped and questioned by border agents. That can extend to cardigan-wearing academics attending conferences.

    While we don’t have the latest Australian figures from the annual Reuters survey, a new Pew Research Centre study shows a growing gap between how much Americans say they value press freedom and how free they think the press actually is. Two-thirds of Americans believe press freedom is critical. But only a third believe the media is truly free to do its job.

    If the press isn’t free in the US (where it is guaranteed in their constitution), how are we in Australia expected to be able to keep the powerful honest?

    Every single day, journalists put their lives on the line for journalism. It’s not always as dramatic as those who are covering the ongoing conflict in the Middle East, but those in the media in Australia still front up and do the job across a range of news organisations in some fairly poor conditions.

    If you care about democracy at all this election, then please consider wisely who you vote for, and perhaps ask their views on supporting press freedom — which is your right to know.

    Alexandra Wake is an associate professor in journalism at RMIT University. She came to the academy after a long career as a journalist and broadcaster. She has worked in Australia, Ireland, the Middle East and across the Asia Pacific. Her research, teaching and practice sits at the nexus of journalism practice, journalism education, equality, diversity and mental health.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Asia-Pac: Foreign Minister Lin signs agreement with Paraguayan Foreign Minister Ramírez on mutual visa exemption for regular passport holders of Taiwan and Paraguay

    Source: Republic of China Taiwan

    Foreign Minister Lin signs agreement with Paraguayan Foreign Minister Ramírez on mutual visa exemption for regular passport holders of Taiwan and Paraguay

    Date：2024-11-30
    Data Source：Department of Latin American and Caribbean Affairs

    November 30, 2024 
    No. 442

    Minister of Foreign Affairs Lin Chia-lung and Paraguayan Minister of Foreign Affairs Rubén Ramírez Lezcano on November 29 signed an intergovernmental agreement on mutual visa exemption for regular passport holders from Taiwan and Paraguay. After the conclusion of the ceremony, which took place at the Ministry of Foreign Affairs, Minister Lin hosted a banquet for the Paraguayan delegation. The two sides exchanged views on such issues as further deepening the diplomatic alliance between Taiwan and Paraguay, promoting bilateral economic and trade exchanges, and pursuing trilateral cooperation together with the United States. 
     
    Minister Lin welcomed Minister Ramírez back to Taiwan, following an earlier trip in May to accompany President Santiago Peña to President Lai Ching-te’s inauguration. Minister Lin noted that this demonstrated the deep friendship and close relations between Taiwan and Paraguay. During their meeting, the two ministers discussed international political and economic developments and bilateral cooperation projects. They also exchanged opinions on economic, trade, and investment issues related to Taiwan’s electric bus, food processing, and textile industries and the import of agricultural and livestock products. Minister Ramírez said he was pleased that Taiwan had implemented the Diplomatic Allies Prosperity Project in Paraguay, which he hoped would bring mutual benefits and prosperity to both nations.
     
    Minister Ramírez reaffirmed the staunch support extended to Taiwan by President Peña and the government and people of Paraguay and conveyed sincere greetings on their behalf. He expressed the hope that by building a model of trilateral cooperation, Taiwan, the United States, and Paraguay could jointly safeguard the core values of freedom, democracy, and human rights. He affirmed the earlier signing of the agreement on mutual visa exemption for regular passport holders of the two countries, adding that this would foster people-to-people exchanges and afford greater convenience to Taiwanese businesses investing in Paraguay. (E)

    MIL OSI Asia Pacific News –