Category: Americas

  • MIL-OSI Economics: Permanent Representative of Lao PDR to ASEAN Presents Letter of Credence to the Secretary-General of ASEAN

    Source: ASEAN

    Jakarta, 30 April 2025 – Ambassador Sitsangkhom Sisaketh presented his Letter of Credence to the Secretary-General of ASEAN, Dr. Kao Kim Hourn, at the ASEAN Headquarters/ASEAN Secretariat today, formally commencing his tenure as Lao PDR’s Permanent Representative to ASEAN.
     
    The credential ceremony was followed by a courtesy call, during which Secretary-General Dr. Kao congratulated Ambassador Sitsangkhom Sisaketh on his new appointment and expressed confidence in his ability to contribute meaningfully to ASEAN Community-building and integration efforts. He underscored that the Ambassador’s extensive experience in ASEAN affairs would serve as a valuable asset to the work of the Committee of Permanent Representatives to ASEAN (CPR).
     
    Secretary-General Dr. Kao also commended Lao PDR for its steadfast commitment and valuable contributions to ASEAN, especially during its most recent ASEAN Chairmanship in 2024. He acknowledged Lao PDR’s important role as Country Coordinator for ASEAN-Canada Dialogue Relations for the 2024-2027 cycle, notably in efforts to strengthen and deepen the ASEAN-Canada Strategic Partnership, as well as in the finalisation of the ASEAN-Canada Plan of Action (2026-2030) and ASEAN-Canada Free Trade Agreement (ACAFTA) by 2025.
     
    Ambassador Sitsangkhom Sisaketh is Lao PDR’s fifth Permanent Representative to ASEAN since the CPR’s establishment in 2009. He previously served as the Deputy Director-General of ASEAN Department at the Ministry of Foreign Affairs and has played a key role in advancing ASEAN’s strategic initiatives over the years.
     
    Secretary-General Dr. Kao reaffirmed the ASEAN Secretariat’s readiness to support Ambassador Sitsangkhom Sisaketh and the Permanent Mission of Lao PDR to ASEAN in Jakarta, emphasising the importance of continued collaboration between the CPR and the ASEAN Secretariat to achieve ASEAN’s goals and objectives, including the upcoming adoption of the ASEAN Community Vision 2045 and its four Strategic Plans this year./.

    The post Permanent Representative of Lao PDR to ASEAN Presents Letter of Credence to the Secretary-General of ASEAN appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI USA: Congresswoman Schrier’s Bipartisan Bill to Strengthen Domestic Manufacturing and Critical Infrastructure Passes House

    Source: United States House of Representatives – Congresswoman Kim Schrier, M.D. (WA-08)

    WASHINGTON, D.C. – Today, the U.S. House of Representatives passed Congresswoman Kim Schrier’s, M.D. (WA-08) bipartisan Critical Infrastructure Manufacturing Feasibility Act. Congresswoman Schrier was joined in introducing this bipartisan legislation by Congresswoman Mariannette Miller-Meeks, M.D. (IA-01). This bill will direct the Secretary of Commerce to conduct a study on the feasibility of manufacturing more critical infrastructure goods in the United States, with a focus on identifying rural communities best suited to support domestic production.

    “We need a clear understanding of what products can and should be manufactured in the United States. We cannot remain dependent on just a handful of other countries for critical parts and products,” said Congresswoman Schrier. “That’s why I was proud to introduce this commonsense, bipartisan bill with Congresswoman Miller Meeks that will allow us to make evidence-based, thoughtful decisions about the role domestic manufacturing will play in the years ahead, and I am thrilled to see it pass the House.”

    “With House passage of my bill HR 1721, we are now one step closer to getting this critical bill to President Trump’s desk and advancing his America First priorities,” said Rep. Miller-Meeks. “We can no longer allow adversarial nations, like China, to control the flow of goods and disrupt our economy. This bill takes a proactive step to assess how we can expand American manufacturing, particularly in rural areas, to protect our supply chains and strengthen our economy. I urge the Senate to swiftly pass this legislation that would greatly benefit the Hawkeye State.”

    MIL OSI USA News

  • MIL-OSI USA: 100 Days of Chaos, Rising Costs, and Cruelty

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

    WASHINGTON, D.C. — Congressman Jesús “Chuy” García (IL-04) issued the following statement on the first 100 days of Trump’s second term as president:

    “Few presidents have unleashed more chaos and dysfunction in their first 100 days than Donald Trump, and none have sunk to such a low approval rating in the last 70 years. The American people see through the flood of Executive Orders gutting our civil liberties, economic policies that fail to lower everyday costs, and cruel immigration crackdowns that trample due process and even endanger U.S. citizens.  

    “From Day One, I’ve been fighting back, taking action in Congress, in the courts, and in the streets to protect my constituents. Trump is targeting Chicago due to its history as a city that protects labor rights, reproductive freedoms, and welcomes immigrants. He has illegally withheld funds for schools, hospitals, childcare and violence intervention programs simply because we don’t bow to his authoritarian decisions. When Trump comes after our city, we fight back. In the community, I’ve stood alongside organizers and unions to defend our health care, Social Security, and education funding. In my district, I’ve held town halls to amplify the voices he’s tried to silence, led workshops to support mixed-status families and Dreamers under attack, and empowered immigrants with the tools to defend themselves. In Congress, I’ve led and joined letters to hold this administration accountable. In the courts, I’ve joined litigation to defend our rights and the constitution.   

    “The people of Illinois are not alone. We have a long road ahead, but as Democrats, we must stay true to our values and remain the party that fights for every family, not just the wealthy few.” 

    # # #

    MIL OSI USA News

  • MIL-OSI Asia-Pac: 2024 diplomacy review: building a new Taiwan of democracy, peace, and prosperity through integrated diplomacy

    Source: Republic of China Taiwan

    December 30, 2024  
    No. 471  

    In 2024, the global landscape underwent rapid changes; geopolitical turmoil continued unabated; democracy and authoritarianism remained starkly divided; the Russia-Ukraine war deadlocked; and instability prevailed in the Middle East, the South China Sea, the Korean Peninsula, and even in the first island chain. All of these events highlighted the increasingly formidable challenges that the world faces from the axis of upheaval. 
     
    Meanwhile, the Republic of China (Taiwan) successfully completed its eighth presidential election on January 13, another milestone in its democratic advancement. The situation across the Taiwan Strait continued to elicit a high level of international concern, while the Indo-Pacific became pivotal to global strategy. All of these developments were closely intertwined with Taiwan’s national security and interests.
     
    Diplomats at the Ministry of Foreign Affairs (MOFA) and its overseas missions showed resilience and self-confidence. They did their utmost to safeguard Taiwan’s sovereignty, dignity, and interests, as well as the Taiwanese people’s rights and interests. Building on the excellent foundation laid by steadfast diplomacy over the past eight years, MOFA implemented integrated diplomacy, which aims at realizing values-based diplomacy and transforming Taiwan into a thriving global economic powerhouse as envisioned by President Lai Ching-te. Based on the three pillars of democracy, peace, and prosperity, MOFA fostered cooperation and deepened partnerships. MOFA pursued mutual benefits and coprosperity with diplomatic allies and like-minded nations, demonstrating that Taiwan was a pivotal force for stability and prosperity in the Indo-Pacific and underscoring its value as a global model of freedom and democracy. 
     
    Democratic Taiwan neither yielded nor provoked, remaining calm and confident. It worked with the global democratic community to respond to threats posed by authoritarian regimes. Taiwan stood firm and resilient against authoritarian expansionism, actively provided international humanitarian assistance during times of crisis, and leveraged its strengths to share prosperity with diplomatic allies and like-minded countries. For its contributions, Taiwan gained worldwide acclaim and recognition from all sectors. 
     
    With the support of Taiwan’s people, MOFA and its overseas missions spared no effort to promote head-of-state diplomacy. In December, President Lai led a delegation to Pacific diplomatic allies the Marshall Islands, Tuvalu, and Palau under the theme “Smart and Sustainable Development for a Prosperous Austronesian Region.” He achieved the three main objectives of smart sustainability, sustainable democracy, and sustainable diplomatic ties while also making successful US transit stops in Hawaii and Guam. The tour was immensely productive and successfully consolidated international support for Taiwan. It both deepened Taiwan’s friendships with allies and launched a new era of values-based diplomacy. 
     
    In October, Minister of Foreign Affairs Lin Chia-lung, serving as special presidential envoy, attended celebrations marking the 45th anniversary of the independence of Saint Vincent and the Grenadines. He also visited Guatemala, Saint Lucia, Belize, and Saint Christopher and Nevis, where he witnessed the achievements of values-based diplomacy and economic and trade diplomacy. In addition, he deepened partnerships on the foundations already laid for bilateral cooperation. In November, Minister Lin visited Belgium, where the European Parliament is headquartered, as well as Lithuania and Poland, further enhancing democratic alliances and cooperation as well as economic and trade linkages between Taiwan and Europe. 
     
    International friendship and support for Taiwan reached new heights this year. Following the successful completion of Taiwan’s presidential and legislative elections in January, more than 1,600 prominent political figures from over 100 countries offered congratulations. Taiwan’s significant success in diplomacy was substantively reflected through its solid formal alliances, rock-solid partnership with the United States, growing ties with Europe, and steadfast friendship with Japan. Diplomatic allies and like-minded nations spoke in support of Taiwan’s international participation and reaffirmed the global consensus on maintaining peace and stability across the Taiwan Strait. They lauded Taiwan as a force for good that safeguarded democratic values, provided humanitarian assistance, and made concrete contributions. 
     
    Meanwhile, Taiwan has continued to deploy soft power, pursue public diplomacy, and seek international support. It has integrated resources across ministries, agencies, and departments to bolster its overall diplomatic strength. Furthermore, it has sought to have other countries implement consular measures addressing visas and digital governance to afford greater convenience to Taiwan’s people while also promoting closer people-to-people exchanges with other nations. 
     
    MOFA has devoted a maximum effort to the planning and implementation of the Diplomatic Allies Prosperity Project to deepen substantive relations with allies and like-minded countries. MOFA has formulated eight flagship projects concerning the Five Trusted Industry Sectors, covering semiconductor supply chain resilience, reliable networks and digital governance, new energy and carbon credit cooperation, smart demonstration parks overseas, smart medicine and healthcare, smart agriculture, sovereign AI, and sustainable tourism. Taiwan has brought its industrial strengths to play while integrating the resources of all ministries and agencies. Through the export of smart solutions, Taiwan has stimulated the prosperous development of allies and bolstered democratic supply chains. This has consolidated diplomatic ties and is helping allies enjoy greater prosperity. 
     
    Taiwan is greeting a new world and the world is greeting a new Taiwan. Not only is this MOFA’s mission in its diplomatic work, it is also the stellar outcome of coordinated efforts by the Taiwanese people and related agencies. MOFA has helped to promote the Executive Yuan’s economic diplomacy task force and has a strategic team conducting research and administrative work for the task force. This task force facilitates the efficient integration of resources from across ministries, enabling every citizen to be a diplomat and every ministry to serve as a foreign ministry. 
     
    MOFA will continue to improve the efficiency and quality of its public-facing services so that they have a tangible and positive impact on people’s lives. It will work diligently for the dignity, rights, interests, continuity, and development of the nation and people. MOFA will utilize Taiwan’s strengths as it connects to the world and work steadily to promote technology diplomacy, human rights diplomacy, cultural diplomacy, urban diplomacy, parliamentary diplomacy, medical and public health diplomacy, environmental diplomacy, sports diplomacy, indigenous diplomacy, religious diplomacy, and gender equality diplomacy. MOFA will help the international community better understand the important role that Taiwan plays. It will live up to the expectations of all sectors as concerns diplomatic efforts.
     
    In 2025, the world will usher in a new chapter in geopolitics. With confidence, resilience, and a professional and flexible approach, MOFA will maintain its footing in the new environment. It will leverage Taiwan’s strengths; overcome challenges; and amplify the values of democracy, peace, and prosperity. By integrating diplomatic momentum from all sectors, MOFA will continue to contribute to the international community and realize President Lai’s policy of values-based diplomacy and vision of Taiwan as a thriving global economic powerhouse. MOFA will demonstrate that Taiwan can help and that Taiwan can lead so that Taiwan continues to serve as a beacon shining far and wide across the globe. (E)

    MIL OSI Asia Pacific News

  • MIL-OSI: Subsea 7 S.A. Announces First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    Luxembourg – 30 April 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, ISIN: LU0075646355, the Company) announced today results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2025.

    Highlights 

    • First quarter Adjusted EBITDA of $236 million, up 46% on the prior year, equating to a margin of 15%
    • Strong operational and financial performance from both Subsea and Conventional and Renewables, with Adjusted EBITDA margins of 18% and 10% respectively
    • Guidance for full year 2025 reaffirmed
    • A high-quality backlog of $10.8 billion gives over 80% visibility on 2025 revenue guidance and supports the outlook for Adjusted EBITDA margin expansion to 18 to 20%
    • Balance sheet remains strong with net debt including lease liabilities of $632 million, equating to 0.5 times the Adjusted EBITDA generated in the last four quarters
        Three Months Ended
    For the period (in $ millions, except Adjusted EBITDA margin and per share data)     31 Mar 2025
    Unaudited
    31 Mar 2024
    Unaudited
    Revenue     1,529 1,395
    Adjusted EBITDA(a)     236 162
    Adjusted EBITDA margin(a)     15% 12%
    Net operating income     77 20
    Net income     17 29
             
    Earnings per share – in $ per share        
    Basic     0.06 0.09
    Diluted(b)     0.06 0.09
             
    At (in $ millions)      

    31 Mar 2025
    Unaudited

     

     31 Dec 2024
    Unaudited

    Backlog(a)     10,819 11,175
    Book-to-bill ratio(a)     0.6x 1.2x
    Cash and cash equivalents     459 575
    Borrowings     (691) (722)
    Net debt excluding lease liabilities(a)     (232) (147)
    Net debt including lease liabilities(a)     (632) (602)

    (a) For explanations and reconciliations of Adjusted EBITDA, Adjusted EBITDA margin, Backlog, Book-to-bill ratio and Net debt refer to the ‘Alternative Performance Measures’ section of the Condensed Consolidated Financial Statements.

    (b) For the explanation and a reconciliation of diluted earnings per share refer to Note 7 ‘Earnings per share’ to the Condensed Consolidated Financial Statements.

    John Evans, Chief Executive Officer, said:

    Subsea7 had a good start to 2025 with solid financial performance underpinned by strong project execution, which offset a heavy vessel maintenance schedule. The Group reported 10% revenue growth year-on-year and Adjusted EBITDA margin expansion of 380bps, putting us on track to meet full year expectations. With backlog of $10.8 billion including $4.8 billion for execution in the remainder of the year, we have a high level of visibility for 2025.

    Although uncertainty in the global economy has increased in recent months, the outlook for long-term energy demand growth remains positive. Subsea7’s strategy to focus on long-duration developments in cost-advantaged sectors of the deepwater adds resilience to our subsea business, and our exposure to strategic gas developments, such as the Sakarya field in Türkiye, and new oil provinces such as Namibia, gives us further confidence. In offshore wind, we are positive about the opportunities presented by this year’s CFD allocation round in the UK, where it is expected that the volume of projects sanctioned will nearly double year-on-year. We are well-positioned in this market, with a strong track record and collaborative client relationships.  

    Overall, while volatility in commodity prices and global tariffs create headwinds for investor sentiment in the sector, the fundamentals of our industry remain robust and our focused strategy leaves the Group well-positioned to deliver strong growth in profitability and cash generation in 2025.

    First quarter project review
    During the first quarter, we undertook significant planned vessel maintenance. This maintenance ensures that our vessels are optimised ahead of a busy year. Nevertheless we made good progress on our subsea, conventional and renewables projects. In Africa, Seven Arctic was active installing flexibles and umbilicals at Agogo in Angola, where it was joined by Seven Borealis, after it completed Zuluf in Saudi Arabia. Seven Pacific was busy at the Raven field in Egypt before mobilising for early flexlay work at Sakarya in Türkiye. In the Americas, Seven Oceans undertook work on a range of projects including Sunspear, Salamanca and Shenandoah in the US, while Seven Seas worked mainly on Cypre in Trinidad and Tobago and Seven Vega continued rigid pipelay at Mero 3 in Brazil.   

    In Renewables, Seaway Strashnov and Seaway Alfa Lift underwent maintenance before preparing to restart work at Dogger Bank in the UK. We also took advantage of the winter off-season to install a monopile gripper on Seaway Ventus before starting the East Anglia THREE project in the UK, where we will install 95 monopiles. In Taiwan we were active on Hai Long.

    First quarter financial review
    Revenue was $1.5 billion an increase of 10% compared to the prior year period. Adjusted EBITDA of $236 million equated to a margin of 15%, up from 12% in Q1 2024. A strong operational performance in Subsea and Conventional, and high activity in Taiwan in Renewables helped offset seasonal weakness and vessel maintenance.

    Depreciation and amortisation charges were $160 million, resulting in net operating income of $77 million compared to $20 million in the prior year period. Net finance costs of $17 million and a net foreign exchange loss of $28 million, resulted in net income for the quarter of $17 million compared to $29 million in the prior year period.

    Net cash generated from operating activities in the first quarter was $51 million, including a $163 million adverse movement in net working capital. Net cash used in investing activities was $68 million mainly related to purchases of property, plant and equipment. Net cash used in financing activities was $106 million including lease payments of $59 million. Overall, cash and cash equivalents decreased by $116 million in the quarter to $459 million at 31 March 2025 and net debt was $632 million, including lease liabilities of $400 million.

    First quarter order intake was $0.9 billion comprising new awards of $0.4 billion and escalations of $0.5 billion resulting in a book-to-bill ratio of 0.6 times. Backlog at the end of March was $10.8 billion, of which $4.8 billion is expected to be executed in 2025, $3.5 billion in 2026 and $2.5 billion in 2027 and beyond.

    Guidance

    Our financial guidance for 2025 is unchanged. We continue to anticipate that revenue in 2025 will be between $6.8 billion and $7.2 billion, while the Adjusted EBITDA margin is expected to be within a range from 18% to 20%. Based on our firm backlog of contracts and the prospects in our tendering pipeline, we expect margins to exceed 20% in 2026.

    Conference Call Information
    Date: 30 April 2025
    Time: 12:00 UK Time, 13:00 CET
    Access the webcast at subsea7.com or https://edge.media-server.com/mmc/p/3v6564ut/
    Register for the conference call https://register-conf.media-server.com/register/BI419d51592b6f40e8823c7efe91ab9dab

    For further information, please contact:
    Katherine Tonks
    Head of Investor Relations
    Tel: +44-20-8210-5568
    Email: ir@subsea7.com

    Special Note Regarding Forward-Looking Statements

    This document may contain ‘forward-looking statements’ (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995). These statements relate to our current expectations, beliefs, intentions, assumptions or strategies regarding the future and are subject to known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements may be identified by the use of words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘future’, ‘goal’, ‘intend’, ‘likely’, ‘may’, ‘plan’, ‘project’, ‘seek’, ‘should’, ‘strategy’, ‘will’, and similar expressions. The principal risks which could affect future operations of the Group are described in the ‘Risk Management’ section of the Group’s Annual Report. Factors that may cause actual and future results and trends to differ materially from our forward-looking statements include (but are not limited to): (i) our ability to deliver fixed-price projects in accordance with client expectations and within the parameters of our bids, and to avoid cost overruns; (ii) our ability to collect receivables, negotiate variation orders and collect the related revenue; (iii) our ability to recover costs on significant projects; (iv) capital expenditure by oil and gas companies, which is affected by fluctuations in the price of, and demand for, crude oil and natural gas; (v) unanticipated delays or cancellation of projects included in our backlog; (vi) competition and price fluctuations in the markets and businesses in which we operate; (vii) the loss of, or deterioration in our relationship with, any significant clients; (viii) the outcome of legal proceedings or governmental inquiries; (ix) uncertainties inherent in operating internationally, including economic, political and social instability, boycotts or embargoes, labour unrest, changes in foreign governmental regulations, corruption and currency fluctuations; (x) the effects of a pandemic or epidemic or a natural disaster; (xi) liability to third parties for the failure of our joint venture partners to fulfil their obligations; (xii) changes in, or our failure to comply with, applicable laws and regulations (including regulatory measures addressing climate change); (xiii) operating hazards, including spills, environmental damage, personal or property damage and business interruptions caused by adverse weather; (xiv) equipment or mechanical failures, which could increase costs, impair revenue and result in penalties for failure to meet project completion requirements; (xv) the timely delivery of vessels on order and the timely completion of ship conversion programmes; (xvi) our ability to keep pace with technological changes and the impact of potential information technology, cyber security or data security breaches; (xvii) global availability at scale and commercial viability of suitable alternative vessel fuels; and, (xviii) the effectiveness of our disclosure controls and procedures and internal control over financial reporting. Many of these factors are beyond our ability to control or predict. Given these uncertainties, you should not place undue reliance on the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. We undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 30 April 2025 08:00 CET.

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  • MIL-OSI: Quadient: 11% Increase in Software Sales to Mail Clients in 2024 Reflects Rising Demand for Smarter, Multichannel Communications

    Source: GlobeNewswire (MIL-OSI)

    Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, shared today that businesses are increasingly turning to digital solutions to meet rising customer expectations for modern, multichannel communication. This shift is driving tangible growth: in fiscal year 2024, Quadient recorded a record 11% increase in cross-sales of its Digital automation solutions within its Mail customer base.

    This growth highlights a broader shift in customer engagement strategies, driven by evolving consumer expectations. Independent research commissioned by Quadient in fall 2024, which surveyed 6,000 consumers across the United States, United Kingdom, and France, revealed a clear demand for more modern, multichannel communication experiences. While physical mail remains relevant, a majority of respondents in each country want companies to communicate through multiple channels, including email, mail, text, mobile apps, and social media. This includes 73 percent in the USA, 66 percent in France, and 62 percent in the UK. The findings send a critical message to businesses: organizations that align their strategies with these changing preferences are better positioned to improve customer satisfaction, foster loyalty, and remain competitive in an increasingly digital marketplace.

    “We’re meeting our customers where they are and helping them go further,” said Alain Fairise, Chief Solution Officer, Mail Automation at Quadient. “This isn’t just about adopting new technology, it’s about enabling smarter, more agile ways to connect. Consumers are not only ready for smarter digital communications, they now expect it. To stay competitive, businesses need trusted partners who can guide them through digital transformation with confidence and minimal disruption. Our growth in Digital cross-sales reflects that trust. By combining intelligent automation with proven expertise in physical communications, we’re helping organizations reduce complexity, unlock growth opportunities, and build more resilient, future-ready customer relationships.”

    With more than 350,000 business customers worldwide, Quadient is helping organizations across industries modernize how they communicate. Through its intelligent automation platform, including Quadient Impress and Quadient Inspire, companies are leveraging both physical and digital channels to improve efficiency, consistency, and responsiveness. In 2024, Quadient recorded its highest level of Digital solution sales into its Mail customer base, while its Mail business continued to outperform the market. Looking ahead, Quadient will continue investing in intelligent hybrid communication solutions to support businesses in delivering meaningful, future-ready customer communications. To know more about Quadient’s smart mail solutions, go to https://mail.quadient.com/en/mailroom-software.

    About Quadient
    Quadient is a global automation platform powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing. For more information about Quadient, visit www.quadient.com.

    Contacts

    Joe Scolaro, Quadient            Sandy Armstrong, Sterling Kilgore
    Global Press Relations Manager   VP of Media & Communications
    +1 203-301-3673   +1-630-699-8979
    j.scolaro@quadient.com     sarmstrong@sterlingkilgore.com

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  • MIL-OSI: CREDIT AGRICOLE S.A. ANNOUNCES FULL REDEMPTION OF the outstanding principal amount of its GBP Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes issued on April 8, 2014 (ISIN: XS1055037920)

    Source: GlobeNewswire (MIL-OSI)

                                                Montrouge, 30 April 2025

    CREDIT AGRICOLE S.A. ANNOUNCES FULL REDEMPTION OF
    the outstanding principal amount of its
    GBP Undated Deeply Subordinated Additional Tier 1
    Fixed Rate Resettable Notes issued on April 8, 2014
    (ISIN: XS1055037920)*

    Crédit Agricole S.A. (the “Issuer”) announces today the full redemption (the “Redemption”) with effect on June 30, 2025 (the “Redemption Date”) of the outstanding principal amount of its GBP Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes (the “Notes”) which amount as of today to GBP103,316,000 (ISIN: XS1055037920).

    The Notes were issued on April 8, 2014 with a principal amount of GBP500,000,000 on the basis of the terms and conditions (the “Terms and Conditions”) included in the prospectus dated April 2, 2014 which was granted the visa n° 14-123 by the Autorité des marchés financiers on April 2, 2014 (the “Prospectus”). The Notes are governed by English law, which, following the United Kingdom’s withdrawal from the European Union, has become a third country law. The Terms and Conditions do not include a contractual recognition of bail-in clause and, as a result, the Notes will cease to qualify as Additional Tier 1 capital on June 28, 2025, upon expiry of the grandfathering applicable to the Notes in accordance with Article 494b(1) of the Regulation (EU) No 575/2013 of the European Parliament and of the Council of June 26, 2013 on prudential requirements for credit institutions and investment firms (as amended) (the “CRR Regulation”).

    On May 20, 2021, the Issuer launched an exchange offer inviting the eligible holders of the Notes to exchange their Notes for an equivalent principal amount of its new Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable GBP Notes (the “New Notes”) (the “Exchange Offer”). The Exchange Offer was intended to offer eligible holders of the Notes the opportunity to receive New Notes for which the economic terms were substantially similar to those of the Notes, with the exception of, in addition to certain technical modifications aimed at aligning the Terms and Conditions with market practice (i) the replacement of the LIBOR linked mid-swap rate by a SONIA linked mid-swap rate in the context of the discontinuation of the LIBOR rate used for securities denominated in pounds sterling, and (ii) modifications aimed at enabling the New Notes to qualify as Additional Tier 1 capital under banking regulations in force at that date, notably through the introduction of a contractual bail-in recognition clause. As a result of the Exchange Offer, the Notes were exchanged up to an aggregate principal amount of GBP 396,684,000 against New Notes.

    The Notes that were not exchanged in the context of the Exchange Offer and that are still outstanding as of today,  i.e a principal amount of GBP103,316,000, will cease to qualify as Additional Tier 1 capital on June 28, 2025, upon expiry of the grandfathering applicable to the Notes in accordance with article 494(b)(1) of the CRR Regulation. Therefore a Capital Event will occur on June 28, 2025 enabling the Issuer, pursuant to Condition 7.3 (Redemption Upon the Occurrence of a Capital Event) of the Terms and Conditions, to redeem the outstanding principal amount of such Notes (i.e. GBP103,316,000).

    In accordance with Condition 7.3 (Redemption Upon the Occurrence of a Capital Event) of the Terms and Conditions, the Notes will be redeemed at their par value, together with any accrued interest thereon (the “Redemption Amount”) and such Redemption Amount shall become due and payable on the Redemption Date. As of such date, in accordance with Condition 5.2 (Accrual of Interest) of the Terms and Conditions, each Note shall cease to bear interest unless the Redemption Amount is improperly withheld or refused.

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

    The Issuer has requested and obtained the prior permission of the European Central bank to redeem the Notes early.

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

    DISCLAIMER

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

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

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

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

    * The ISIN number is included solely for the convenience of the holders of the Notes. No representation is being made as to the correctness or accuracy of the ISIN number as contained herein.

    CRÉDIT AGRICOLE S.A. PRESS CONTACT

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

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

      Crédit_Agricole   Groupe Crédit Agricole   créditagricole_sa

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    The MIL Network

  • MIL-OSI: High Arctic Overseas Announces 2024 Fourth Quarter Results

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

    CALGARY, Alberta, April 30, 2025 (GLOBE NEWSWIRE) — High Arctic ‎Overseas Holdings Corp. (TSXV: HOH) (“High Arctic Overseas” or the “Corporation”) has released its financial and operating results for the quarter and year ended December 31, 2024. The Corporation’s audited consolidated financial statements (the “Financial Statements”) and management’s discussion & analysis (“MD&A”) for the three months and year ended December 31, 2024, will be available on SEDAR+ at www.sedarplus.ca. All amounts are denominated in United States dollars (“USD”), unless otherwise indicated.

    The common shares of the Corporation began trading on the TSXV on August 16, 2024 under the trading symbol HOH.

    Mike Maguire, Chief Executive Officer commented on the Corporation’s fourth quarter 2024 financial and operating results:

    “We have finished the spin-out transaction and have established High Arctic Overseas Holdings Corp. with dedicated Management and have trimmed our recurring G&A on a go forward basis. We have maintained the Corporation’s cash balance thanks to solid contribution from our manpower services & equipment rentals.

    The Corporation is now well placed to participate meaningfully in anticipated future drilling activity, with a resilient core business. Our experience combined with ideal drilling equipment for the challenging PNG environment positions us well.

    We are heartened by announced LNG developments including key environmental approvals for Papua LNG and positive public statements by the PNG Prime Minister following meetings with senior executives from the major project participants in January.

    I remain excited about our prospects to play a strategic role servicing the major projects anticipated in PNG over the second half of the decade.”

    HIGHLIGHTS

    • Adjusted EBITDA for the Quarter and full year of ($482) and $4,290 as a result of low drilling activity and costs associated with the close out of the spin-out.
    • Significant adjustments to inventory carrying value as a result of confirmation of the terms of contracts which resulted in a one-time positive non-cash impact to earnings of $3.4 million;
    • Post the spin-out we have established independent management team and expect to see General and Administrative costs normalise moving forward; and
    • Exited the quarter with a strong liquidity position with a working capital balance of $20.6 million which includes a cash balance of $14.9 million and no debt.

    2024 FOURTH QUARTER RESULTS

    • Drilling rig 103 remained suspended and drilling rigs 115 and 116 remained cold-stacked. Manpower services and rental services continued with other customers. Operating margins decreased from 32.2% in Q4 2023 to 28.6% in Q4 2024. The net result was a substantial reduction to revenue and the generation of a significantly lower EBITDA in the quarter:
      • Revenue for the quarter of $2,421, a decrease of $10,112 or 81% compared to Q4 2023 at $12,533, and
      • Adjusted negative EBITDA of $482, decrease of $3,418 or 116% compared to Q4 2023 at $2,936.
    • The reduced revenue generating activities in Q4 2024 were offset by the significant adjustments to inventory and reported obligations that were the result of renegotiated terms of contracts related to spares inventory, this resulted in:
      • Net income of $1,806 in Q4 2024 compared to net income of $1,907 realized in Q4 2023.

    2024 YEAR TO DATE RESULTS

    • Drilling Rig 103 operated through into Q2 2024 when drilling was suspended at which point it was cold stacked. Manpower services and rentals with other customers continued at similar run rates through the remainder of 2024. Operating margins improved from 2023 of 33.2% to 37.7% in 2024 as a result of reduced material and supply costs and higher proportional contribution from higher margin rentals.
      • Revenue for 2024 was $24,075, a reduction of $19,305 or 45% compared to 2023,
      • Adjusted EBITDA for 2024 was $4,290, a 60% reduction compared to 2023 as a result of general and administrative costs not reducing proportionally to revenue, and
      • General and administrative costs were impacted by additional expenses related to the Arrangement.
    • The reduced operating activities combined with the Q4 2024 significant adjustments to inventory and reported obligations drove the following results for the Corporation:
      • Net income of $2,857 for 2024 compared to a net loss of $8,623 for the same period 2023 which included an impairment charge of $15,200.
    • Improved liquidity with a working capital balance of $20.6 million, which includes a cash balance of $14.9 million.

    Since the Corporation and HAES-Cyprus were both wholly-owned by HWO, the transfer of all of the outstanding ordinary shares of HAES-Cyprus to the Corporation was deemed a common control transaction. The Corporation’s Financial Statements are presented under the continuity of interests basis. Financial and operational results contained within this Press Release present the historic financial position, results of operations and cash flows of HAES-Cyprus for all prior periods up to August 12, 2024, under HWO’s control. The financial position, results of operations and cash flows from April 1, 2024 (the date of incorporation of the Corporation) to August 12, 2024, include both HAES-Cyprus and the Corporation on a combined basis and from August 12, 2024, forward include the results of the Corporation on a consolidated basis upon completion of the Arrangement.

    For reporting purposes in the Financial Statements, the MD&A and this Press Release, it is assumed that the Corporation held the PNG business prior to August 12, 2024, and as such, information provided includes the financial and operating results for the three and twelve months ended December 31, 2024, including all comparative periods.

    In the above results discussion, the three months ended December 31, 2024 may be referred to as the “quarter” or “Q4 2024” and the comparative three months ended December 31, 2023 may be referred to as “Q4 2023”. References to other quarters may be presented as “QX 20XX” with X/XX being the quarter/year to which the commentary relates. Additionally, the twelve months ended December 31, 2024 may be referred to as “YTD” or “YTD 2024”. References to other twelve-month periods ended December 31 may be presented as “YTD 20XX” with XX being the year to which the twelve-month period ended December 31 commentary relates.

    FOURTH QUARTER 2024 SELECT FINANCIAL AND OPERATIONAL RESULTS OVERVIEW

       Three months ended Dec 31,   Year ended Dec 31,  
    (thousands of USD except per share amounts) 2024   2023   2024   2023  
    Operating results        
    Revenue 2,421   12,533   24,075   43,380  
    Net income (loss) 1,806   1,907   2,857   (8,623 )
    Per share (basic and diluted) (1) $0.14 $0.16 $0.23   ($0.69 )
    Operating margin (2) 693   4,037   9,069   14,416  
    Operating margin as a % of revenue (2) 28.6%   32.2%   37.7%   33.2%  
    EBITDA (2) 2,887   2,975   7,733   11,211  
    Adjusted EBITDA (2) (482)   2,936   4,290   10,797  
    Adjusted EBITDA as a % of revenue (2) (19.9%)   23.4%   17.8%   24.9%  
    Operating income (loss) (2) (1,264)   2,240   455   4,575  
    Per share (basic and diluted) (1) ($0.10 $0.18 $0.04   $0.37  
    Cash flow from operations:        
    Cash flow from operating activities 248   6,131   10,112   8,906  
    Per share (basic & diluted) (1) $0.02 $0.49 $0.81   $0.71  
    Funds flow from operating activities (2) 2,667   2,929   6,770   10,273  
    Per share (basic & diluted) (1) $0.21 $0.24 $0.54   $0.83  
    Capital expenditures 62   93   652   1,080  
         
    (thousands of USD)       As at Dec 31, 2024   As at Dec 31, 2023  
    Financial position:        
    Working capital (2)       20,602   20,335  
    Cash and cash equivalents       14,930   10,958  
    Total assets       35,287   43,374  
    Shareholder’s equity       30,953   33,112  
    Per share (basic) (1)     $2.48   $2.66  
    Per share (fully diluted) (1)     $2.47   $2.66  
    Weighted average common shares outstanding (000’s) (1)       12,448   12,448  
    Weighted average diluted shares outstanding (000’s) (1)       12,539   12,448  

    (1) For the purposes of computing per share amounts, the number of common shares outstanding for the periods prior to the Arrangement is deemed to be the number of shares issued by the Corporation to the shareholders of HWO upon completion of the Arrangement. For the period after the Arrangement, the number of shares outstanding in the computation of per share amounts is the total issued shares of the Corporation on August 12, 2024, and any common shares issued subsequent to August 12, 2024. See the “Overview” section of this MD&A and the Corporation’s Financial Statements as at and for the years ended December 31, 2024 and 2023 for additional details.
    (2) Operating margin, EBITDA (Earnings before interest, tax, depreciation, and amortization), Adjusted EBITDA, Operating income (loss), Funds flow from operating activities and Working capital do not have a standardized meanings prescribed by IFRS. See “Non IFRS Measures” in this MD&A for calculations of these measures.

    Operating Results

      Three months ended Dec 31,   Year ended Dec 31,  
    (thousands of USD, unless otherwise noted) 2024   2023   2024   2023  
    Revenue 2,421   12,533   24,075   43,380  
    Operating expense (1,728)   (8,496)   (15,006)   (28,964)  
    Operating margin(1) 693   4,037   9,069   14,416  
    Operating margin (%) 28.6%   32.2%   37.7%   33.2%  

     (1)   See “Non-IFRS Measures”

    Revenues totaled $2,421 and $24,075 for the three months and year ended December 31, 2024, respectively, compared to $12,533 and $43,880 for the comparative periods in 2023. Revenues for the year ended 2024 and Q4 2024, as compared to the prior year comparative periods, were negatively impacted as a result of reduced overall utilization of Rig 103. Customer-owned Rig 103 was utilized for 8 months during 2023 versus the first 5.5 months in 2024. Despite reduced drilling activity in 2024 compared to 2023, the Corporation was able to maintain a consistent level of activity related to the provision of skilled personnel for key customers in PNG. Operating margin as a percentage of revenues increased from 2023 to 2024, largely as a result of reduced material and supply costs associated with the recommencement of Rig 103 during fiscal 2023 and a higher proportional contribution by higher margin rentals in 2024.

    The Corporation owns two heli-portable drilling rigs (Rigs 115 and 116) which remain preserved and maintained ready for deployment.

      Three months ended Dec 31,   Year ended Dec 31,  
    (thousands of USD except per share amounts) 2024   2023   2024   2023  
    Operating results        
    Revenue 2,421   12,533   24,075   43,380  
    Net income (loss) 1,806   1,907   2,857   (8,623)  
    Per share (basic and diluted) (1) $0.14 $0.16 $0.23 ($0.69)  
    Operating margin (2) 693   4,037   9,069   14,416  
    Operating margin as a % of revenue (2) 28.6%   32.2%   37.7%   33.2%  
    EBITDA (2) 2,887   2,975   7,733   11,211  
    Adjusted EBITDA (2) (482)   2,936   4,290   10,797  
    Adjusted EBITDA as a % of revenue (2) (19.9%)   23.4%   17.8%   24.9%  
    Operating income (loss) (2) (1,264)   2,240   455   4,575  
    Per share (basic and diluted) (1) ($0.10 $0.18 $0.04 $0.37  
    Cash flow from operations:        
    Cash flow from operating activities 248   6,131   10,112   8,906  
    Per share (basic & diluted) (1) $0.02 $0.49 $0.81 $0.71  
    Funds flow from operating activities (2) 2,667   2,929   6,770   10,273  
    Per share (basic & diluted) (1) $0.21 $0.24 $0.54 $0.83  
    Capital expenditures 62   93   652   1,080  
         
    (thousands of USD)       As at Dec 31, 2024   As at Dec 31, 2023  
    Financial position:        
    Working capital (2)       20,602   20,335  
    Cash and cash equivalents       14,930   10,958  
    Total assets       35,287   43,374  
    Shareholder’s equity       30,953   33,112  
    Per share (basic) (1)     $2.48 $2.66  
    Per share (fully diluted) (1)     $2.47 $2.66  
    Weighted average common shares outstanding (000’s) (1)       12,448   12,448  
    Weighted average diluted shares outstanding (000’s) (1)       12,539   12,448  

    (1) For the purposes of computing per share amounts, the number of common shares outstanding for the periods prior to the Arrangement is deemed to be the number of shares issued by the Corporation to the shareholders of HWO upon completion of the Arrangement. For the period after the Arrangement, the number of shares outstanding in the computation of per share amounts is the total issued shares of the Corporation on August 12, 2024, and any common shares issued subsequent to August 12, 2024. See the “Overview” section of this Press Release and the Corporation’s Financial Statements as at and for the years ended December 31, 2024 and 2023 for additional details.
    (2) Operating margin, EBITDA (Earnings before interest, tax, depreciation, and amortization), Adjusted EBITDA, Operating income (loss), Funds flow from operating activities and Working capital do not have a standardized meanings prescribed by IFRS. See “Non IFRS Measures” in this Press Release for calculations of these measures.

    Operating Results

      Three months ended Dec 31,   Year ended Dec 31,  
    (thousands of USD, unless otherwise noted) 2024   2023   2024   2023  
    Revenue 2,421   12,533   24,075   43,380  
    Operating expense (1,728)   (8,496)   (15,006)   (28,964)  
    Operating margin(1) 693   4,037   9,069   14,416  
    Operating margin (%) 28.6%   32.2%   37.7%   33.2%  

     (1)   See “Non-IFRS Measures”

    Revenues totaled $2,421 and $24,075 for the three months and year ended December 31, 2024, respectively, compared to $12,533 and $43,880 for the comparative periods in 2023. Revenues for the year ended 2024 and Q4 2024, as compared to the prior year comparative periods, were negatively impacted as a result of reduced overall utilization of Rig 103. Customer-owned Rig 103 was utilized for 8 months during 2023 versus the first 5.5 months in 2024. Despite reduced drilling activity in 2024 compared to 2023, the Corporation was able to maintain a consistent level of activity related to the provision of skilled personnel for key customers in PNG. Operating margin as a percentage of revenues increased from 2023 to 2024, largely as a result of reduced material and supply costs associated with the recommencement of Rig 103 during fiscal 2023 and a higher proportional contribution by higher margin rentals in 2024.

    The Corporation owns two heli-portable drilling rigs (Rigs 115 and 116) which remain preserved and maintained ready for deployment.

    Liquidity and Capital Resources

      Three months ended Dec 31,   Year ended Dec 31,  
    (thousands of USD) 2024   2023   2024   2023  
    Cash provided by (used in) operations:        
    Operating activities 248   6,131   10,112   8,906  
    Investing activities (62)   (93)   (652)   (1,080)  
    Financing activities (113)   (179)   (5,487)   (714)  
    Effect of exchange rate changes (1)     (1)    
    Increase (decrease) in cash 72   5,859   3,972   7,112  

    (thousands of USD, unless otherwise noted)  

    As at
    Dec 31, 2024
      As at
    Dec 31, 2023
     
    Current assets   24,706   30,090  
    Working capital(1)   20,602   20,335  
    Working capital ratio(1)   6.0:1   3.1:1  
    Cash and cash equivalents   14,930   10,958  

     (1)   See “Non-IFRS Measures”

    Liquidity and Capital Resources
    Cashflows from Operating Activities
    For the three months and year ended December 31, 2024, cash generated from operating activities was $248 (Q4 2023 $6,131) and $10,112 (YTD-2023 $8,906), respectively. The change in operating cash flow was largely driven by changes in working capital related to the timing of drilling activity in the respective years with a cash drawdown in 2023 as operations ramped up and a cash harvesting in 2024 as operations were ceased.

    Cashflows from Investing Activities
    For the three months and year ended December 31, 2024, the Corporation’s cash used in investing activities was $62 (Q4 2023 $93) and $652 (YTD-2023 $1,080), respectively. Cash outflows associated with investing activities were directed towards capital expenditures on rental assets. The reduction in capital expenditures in 2024 is due to reduced customer activity. The Corporation will continue to seek opportunities to invest in additional capital assets, in particular where it can do so under take-or-pay agreements.

    Cash flows from Financing Activities
    For the three months and year ended December 31, 2024, the Corporation’s cash used in financing activities was $113 (Q4 2023 $179) and $5,487 (YTD-2023 $714) respectively. Excluding the impact of a $5,000 dividend paid by HAES-Cyprus to HWO prior to the completion of the Arrangement transaction, cash outflows associated with finance activities were directed towards lease obligation payments.

    Outlook
    Consistent with the outlook provided by the Corporation in the third quarter of 2024, the outlook for the Corporation’s core business in PNG for 2025 remains subdued. The Corporation’s 2024 fourth quarter and annual results were impacted by the completion of customer drilling activity during the second quarter of 2024, with Rig 103 being relocated to the customer’s forward base location and cold-stacked. With no near-term drilling activity currently anticipated, the Corporation expects equipment rental and manpower to be the primary revenue generating activity for 2025. Quarterly revenues for 2025 are anticipated to be consistent with third and fourth quarters of 2024.

    The Corporation remains engaged with its principal customer on planning for future drilling activity and continues to focus on enhancing and optimizing its existing rental fleet deployment and manpower solutions offerings.

    The Corporation also continues to pursue business expansion opportunities in PNG, actively engaging with potential customers for its services in PNG and the wider region while also taking actions to protect its capability to realize the future potential of the business.

    Our rationale for a business strategy focussed on PNG is unchanged. Papua New Guinea possesses substantial deposits of natural resources including significant reserves of oil and natural gas and has emerged as a reliable low-cost energy exporter to Asian markets, particularly for liquefied natural gas (“LNG”). A significant investment in the country’s oil and gas industry was evidenced by the successful construction of the PNG-LNG project in 2014, with the primary partners in the venture being customers of the Corporation. In the period following, the Corporation’s predecessor company committed to the purchase and upgrade of drilling rigs 115 and 116 and expansion of the Corporation’s fleet of rentable equipment including camps, material handling equipment and worksite matting. These investments contributed to a substantive lift in revenues and earnings as PNG enjoyed its highest period of exploration and development activity.

    Since the onset of COVID-19 in early 2020, there has been a substantive reduction in drilling services in PNG. This follows some consolidation among the active exploration and production companies and evolving political and economic influences. In the longer term, High Arctic believes PNG is on the precipice of a new round of large-scale projects in the natural resources sector. ‎The next significant ‎LNG project currently being planned is Papua-LNG a project lead by the French oil and gas super-major TotalEnergies, with a final investment decision anticipated in late 2025. There is an expectation for increased drilling activity through the latter half of this decade, ‎not only to develop wells for the supply of gas to the Papua-LNG export facility, but also to explore for and ‎appraise other discoveries. The signing of a fiscal stability agreement between the P’nyang gas field joint venture and the government of PNG is another positive signal for that expansionary project to follow Papua-LNG.

    The Corporation is strategically positioned to support these developments, given its dominant position for drilling and associated services in PNG, existing work relationships with the operating companies, and proximity to the proposed sites of operation. The Corporation’s drilling rigs 115 and 116 are portable by helicopter and have been maintained and preserved for future use.

    There are a number of other petroleum projects and substantive nation-building projects including infrastructure, ‎electrification, telecommunications and defence projects planned for the development of PNG. ‎These ‎projects will require access to transport and material handling machinery, quality worksite and temporary ‎road mats and a substantive amount of labour including skilled equipment operators, qualified tradespeople and engineers, ‎geoscientists and other professionals. ‎High Arctic’s business continues to position itself to be a meaningful supplier of services, equipment and manpower for this market.

    NON-IFRS MEASURES
    This Press Release contains references to certain financial measures that do not have a standardized meaning prescribed by International Financial Reporting Standards (“IFRS”) and may not be comparable to the same or similar measures used by other companies. High Arctic Overseas uses these financial measures to assess performance and believes these measures provide useful supplemental information to shareholders and investors. These financial measures are computed on a consistent basis for each reporting period and include Oilfield services operating margin, EBITDA (Earnings before interest, tax, depreciation and amortization), Adjusted EBITDA, Operating loss, Funds flow from operating activities, Working capital and Net cash. These do not have standardized meanings.

    These financial measures should not be considered as an alternative to, or more meaningful than, net income (loss), cash from operating activities, current assets or current liabilities, cash and/or other measures of financial performance as determined in accordance with IFRS.

    For additional information regarding non-IFRS measures, including their use to management and investors and reconciliations to measures recognized by IFRS, please refer to the Corporation’s Q3 2024 MD&A, which is available online at www.sedarplus.ca.

    About High Arctic ‎Overseas Holdings Corp.

    High Arctic Overseas is a market leader in Papua New Guinea providing drilling ‎and specialized well completion services, manpower solutions and supplies rental equipment including rig matting, camps, material ‎handling and drilling support equipment.

    For further information, please contact:

    Mike Maguire                                                
    Chief Executive Officer                                 
    1.587.320.1301                                        
                            
    High Arctic Overseas Holdings Corp.                        
    Suite 2350, 330–5th Avenue SW                        
    Calgary, Alberta, Canada T2P 0L4                                                           
    www.higharctic.com
    Email: info@higharctic.com                         

    Forward-Looking Statements

    This Press Release contains forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “seek”, “propose”, “estimate”, “expect”, and similar expressions are intended to identify forward-looking statements. Such statements reflect the Corporation’s current views with respect to future events and are subject to certain risks, uncertainties, and assumptions. Many factors could cause the Corporation’s actual results, performance, or achievements to vary from those described in this Press Release.

    Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this Press Release as intended, planned, anticipated, believed, estimated or expected. Specific forward-looking statements in this Press Release include, among others, statements pertaining to the following: future energy projects including drilling activity and LNG projects in PNG; the Corporation’s ability to participate in the energy industry in PNG; potential future contracts with existing or new customers of the Corporation; future infrastructure and defence projects in PNG and the ability of the Corporation to participate in same; the Corporation’s expectations related to financial and operational results in 2025, including the expectation that the equipment rental and manpower services portion of the Corporation’s business will be the primary revenue generating activity for fiscal 2025; the timing and ability of the Corporation to put its own administrative infrastructure in place; the ability of the Corporation to expand its geographic customer base outside of PNG; and the deploying idle heli-portable drilling rigs 115 and 116 and securing future work with other exploration companies in PNG.

    With respect to forward-looking statements contained in this Press Release, the Corporation has made assumptions regarding, among other things: general economic and business conditions; the role of the energy services industry in future phases of the energy industry; the outlook for energy services both globally and within PNG; the impact of conflict in the Middle East and Ukraine; the timing and impact on the Corporation’s business related to potential new large-scale natural resources projects and increased drilling activity in PNG; the impact, if any, related to existing or future changes to government regulations by the government of PNG; the impact, if any, on the Corporation’s future financial and operational results related to non-resource development opportunities in PNG; market fluctuations in commodity prices, and foreign currency exchange rates; restrictions on repatriation of funds held in PNG; expectations regarding the Corporation’s ability to manage its liquidity risk, raise capital and manage its debt finance agreements; projections of market prices and costs; factors upon which the Corporation will decide whether or not to undertake a specific course of operational action or expansion; the Corporation’s ongoing relationship with its major customers; customers’ drilling intentions; the Corporation’s ability to position itself to be a significant supplier of services, equipment and manpower for other resource and non-resources based projects in PNG; the Corporation’s ability to invest in additional capital assets, including the impact on the Corporation’s future financial and operational results; the impact, if any, of geo-political events, changes in government, changes to tariff’s or related trade policies and the potential impact on the Corporation’s ability to execute on its 2025 business plan and strategic objectives; the Corporation’s ability to: maintain its ongoing relationship with major customers; successfully market its services to current and new customers; devise methods for, and achieve its primary objectives; source and obtain equipment from suppliers; successfully manage, operate, and thrive in an environment which is facing much uncertainty; remain competitive in all its operations; attract and retain skilled employees; and obtain equity and debt financing on satisfactory terms and manage liquidity related risks. While the Corporation considers these assumptions to be reasonable, the assumptions are inherently subject to significant uncertainties and contingencies.

    A description of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in the Corporation’s disclosure documents on the SEDAR+ website at www.sedarplus.ca. Although the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. Although the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information.

    The forward-looking statements contained in this Press Release are expressly qualified in their entirety by this cautionary statement. These statements are given only as of the date of this Press Release. The Corporation does not assume any obligation to update these forward-looking statements to reflect new information, subsequent events or otherwise, except as required by law.

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

    The MIL Network

  • MIL-OSI USA: SPC Severe Thunderstorm Watch 196

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL6

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 196
    NWS Storm Prediction Center Norman OK
    1255 AM CDT Wed Apr 30 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Southwest and South-Central Oklahoma
    Northwest and North-Central Texas

    * Effective this Wednesday morning from 1255 AM until 800 AM CDT.

    * Primary threats include…
    Scattered large hail and isolated very large hail events to 2
    inches in diameter likely
    Scattered damaging wind gusts to 70 mph likely
    A tornado or two possible

    SUMMARY…Strong to severe thunderstorms are expected to persist
    throughout the night in the vicinity of an outflow boundary that
    extends across the region. Hail will be the primary risk with this
    more cellular development. There is also some potential for the
    storms in west TX to evolve into an organized line segment that
    could progress across the region later. Damaging gusts would be the
    primary risk with this more linear activity.

    The severe thunderstorm watch area is approximately along and 50
    statute miles north and south of a line from 50 miles south
    southwest of Altus OK to 30 miles south southeast of Mcalester OK.
    For a complete depiction of the watch see the associated watch
    outline update (WOUS64 KWNS WOU6).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 194…WW 195…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    2 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    24035.

    …Mosier

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW6
    WW 196 SEVERE TSTM OK TX 300555Z – 301300Z
    AXIS..50 STATUTE MILES NORTH AND SOUTH OF LINE..
    50SSW LTS/ALTUS OK/ – 30SSE MLC/MCALESTER OK/
    ..AVIATION COORDS.. 45NM N/S /41SE CDS – 24SSE MLC/
    HAIL SURFACE AND ALOFT..2 INCHES. WIND GUSTS..60 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 24035.

    LAT…LON 34709960 35209558 33759558 33259960

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU6.

    Watch 196 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Low (20%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low (5%)

    Wind

    Probability of 10 or more severe wind events

    Mod (60%)

    Probability of 1 or more wind events > 65 knots

    Low (10%)

    Hail

    Probability of 10 or more severe hail events

    Mod (60%)

    Probability of 1 or more hailstones > 2 inches

    Mod (60%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (>95%)

    For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

    MIL OSI USA News

  • MIL-OSI Video: 100 Days: Foreign Policy Achievements

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

    Under President Trump’s leadership and Secretary Rubio’s action, our border is more secure than ever, we’ve launched a pathway to stability in the DRC and Rwanda, and we have laid the groundwork for Arab-led reconstruction efforts in Gaza.

    https://www.youtube.com/watch?v=ZeP_SnjZW4Y

    MIL OSI Video

  • MIL-OSI Video: Unapologetically America First Foreign Policy

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

    As President Trump has made very clear, under the Trump Administration there will be consequences for supporting terrorism.

    https://www.youtube.com/watch?v=ly1IED7Pl10

    MIL OSI Video

  • MIL-OSI Video: Delivering on President Trump’s Foreign Policy Vision

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

    Secretary Rubio promised to deliver a foreign policy grounded in President Trump’s vision, and 100 days later, those promises have been kept.

    https://www.youtube.com/watch?v=BKAf0mZyUGY

    MIL OSI Video

  • MIL-OSI USA: WATCH: Senator Baldwin Calls Out Trump’s Broken Promises 100 Days In

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin
    WASHINGTON, D.C. – U.S. Senator Tammy Baldwin (D-WI) today took to the Senate floor calling out Trump’s broken promises and what she’s been hearing from Wisconsin farmers, small businesses, veterans, seniors, and families throughout his first 100 days.
    Baldwin’s remarks, as prepared for delivery are below and can be watched here.
    M. President –
    I rise today to reflect on the last 100 days – and the unimaginable amount of havoc and harm President Donald Trump has caused for Wisconsinites. While on the campaign trail and even once in office, the President made a number of promises. Promises to end wars on Day One; promises to lower costs at the grocery store; promises to make health care more affordable; and the list goes on and on and on.
    Look, I was on the campaign trail and listening to Wisconsinites at the same time as Mr. Trump, and truly, I get why he was making some of these promises. Wisconsin families were facing high costs. Workers felt they were being ripped off by their big corporate employers. Democracy felt broken and voices were drowned out by special interest money. People were sick and tired of endless wars. Mr. Trump claimed he had the solution.
    Well, so far, he’s broken these promises and lied to the American people.
    But, here is the kicker: Donald Trump not only broke these promises, but many of the things he promised to fix, he has actively made worse. Grocery store bills are up. I have yet to even see a concept of a health care plan, while Medicaid coverage for 1 million Wisconsinites is on the chopping block to pay for tax breaks for billionaires. Wars are raging in Ukraine and Gaza. Corporations have a friend in the White House who has their backs.
    It is one of the greatest bait-and-switches of our time. And at the end of the day, it’s Wisconsin families paying the price.
    For the last 100 days, I’ve heard from constituents in all 72 Wisconsin counties who fear what this Administration’s actions will mean for them and their families.  
    I’ve heard from dairy farmers like Linda in Viroqua who barely survived Donald Trump’s last trade war. Family farms like hers are scared they will be put out of business entirely as punishing tariffs and a new trade war jack up the cost of fertilizer and farming equipment while cutting off their access to markets. 
    I’ve heard from seniors like Renee in Milwaukee who are scared that cuts to Medicaid will force them to choose between protecting their life’s savings and getting the lifesaving treatment they need to stay alive.
    I’ve heard from veterans like James in Southeastern Wisconsin who are out of a job because Donald Trump fired them from the only place they’ve ever felt like they belonged in civilian life: helping their fellow veterans at the VA.
    I’ve heard from businesses like Lakefront Brewery, local roofers, small retailers, and auto part sellers in Milwaukee who are considering raising their prices and laying off workers because President Trump’s trade war is tightening their margins and making it harder to plan for the future.  
    I’ve heard from families – from Ozaukee County to the St. Croix Valley – who have had their childcare or food assistance threatened because this president is choosing to prioritize tax breaks for his wealthy friends over working families.
    Dairy farmers saw millions in funding they were promised to grow their businesses frozen. Alzheimer’s researchers at Wisconsin’s universities are making do with less because of arbitrary cuts that threaten the next breakthrough for our loved ones. Seniors accessing their earned Social Security benefits now have fewer places to turn as field offices shutter and staff is let go. Public schools in Milwaukee with children who have been exposed to lead paint have fewer resources because President Trump fired the experts at CDC.
    I hear it every day from constituents calling into my office. Last year around this time, my office would get anywhere from 50 to 100 calls a day. Since January, we’ve regularly passed 1,000 calls a day from Wisconsinites. There isn’t a corner of my state that isn’t being impacted by this President’s often illegal overreach of his presidential powers. 
    These Wisconsinites are not alone. Poll after poll shows the same thing: this president is reaching historically low approval ratings. More Americans are giving him an F than any other grade.
    It’s hard to state all the ways President Trump’s second term is already impacting folks in Wisconsin. His actions have made things more expensive and the future less certain – whether you are a Wisconsin farmer, small business, veteran, senior, or just a family looking to make ends meet.
    In January, I said I’d work with anyone to deliver for Wisconsin. I also promised that I’d stand up to anyone who hurts Wisconsinites. Those things remain true. And right now, our country is not on the right course, and Americans agree.
    Wisconsinites want lower costs, our veterans and farmers to be respected, and working families to have a fair shot. Donald Trump’s chaos isn’t delivering any of that.  It’s about damn time Congress step up and act as a true check and balance on this President before it’s too late for our economy, working families, and the future of our nation.
    I yield. 

    MIL OSI USA News

  • MIL-OSI USA: Congratulations to the 2025 CDI Awarded Projects

    Source: US Geological Survey

    The Community for Data Integration announces fifteen proposals to be supported in FY2025. This year’s request for proposals focused on the themes of advancing data skills training and a data-centric culture.

    A Scalable System for Geospatial Delivery of Hi-Res Data Products From Mobile Monitoring Platforms 
    Peter C Esselman

    Terrestrial Remote Sensing Data Ingestion with PyHAT (Python Hyperspectral Analysis Tool) 
    Travis S Gabriel

    Is it me or the Water Quality Portal? Providing real-time download reliability metrics to users
    Elise D Hinman 

    Advancing the Geophysical Survey (GS) data standard and GSPy toolbox 
    Stephanie R James

    Scaling-up phenological date matching for invasive species mapping: a free opensource workflow 
    Catherine S Jarnevich​

    GeoDRAW (Geospatial Data Retrieval and Alignment Workflow) to advance data-visualization and earth systems model development
    Jeffrey S Kwang

    Leveraging the National Water Model to Inform Binational Management of Invasive Carp in North America 
    Jessica Z LeRoy

    Snakemake training: Building data pipelines in Python
    Wallace A McAliley

    Understanding and streamlining environmental DNA QA/QC analysis
    Christopher M Merkes

    Git/Software-Release Workshop for USGS and Python/R Data Retrieval Demo for Open Science
    Bojan Milinic

    A Point Cloud-Based Workflow for Geomorphic Change Detection and Sediment Budget Analysis
    Raymond LeBeau

    An application for automation and streamlining of workflow for modeling of time-series data
    Kyle A Puls

    Increasing understanding of large river dynamics through an open-source bedform toolbox
    Collin J Roland

    Bridging the learning gap in the R computing environment using Water-Quality Data
    Kimberly H Shaffer

    Data quality control for everyone: a course and recipes for well-documented data workflows in R
    Gregor-Fausto Siegmund

    MIL OSI USA News

  • MIL-OSI: Equinor first quarter 2025 results

    Source: GlobeNewswire (MIL-OSI)

    Equinor (OSE:EQNR, NYSE:EQNR) delivered adjusted operating income* of USD 8.65 billion and USD 2.25 billion after tax in the first quarter of 2025. Equinor reported net operating income of USD 8.87 billion and net income at USD 2.63 billion. Adjusted net income* was USD 1.79 billion, leading to adjusted earnings per share* of USD 0.66.

    Strong financial and operational performance

    • Strong financial results and cash flow
    • Solid oil and gas production

    Strategic progress

    • Successful start-up of the Johan Castberg and Halten East fields
    • Final investment decision on Northern Lights phase 2

    Capital distribution

    • First quarter cash dividend of USD 0.37 per share
    • Proposed second tranche of share buy-back of up to USD 1.265 billion
    • Expected total capital distribution for 2025 of up to USD 9 billion

    Anders Opedal, President and CEO of Equinor ASA:

    “Equinor delivers strong financial results in the first quarter. I am pleased to see the good operational performance and solid production capturing higher gas prices. With the current market uncertainties, Equinor’s core objective is safe, stable and cost efficient operations and resilience through a strong balance sheet.”

    “We maintain a competitive capital distribution and expect to deliver a total of USD 9 billion in 2025.”

    “The production start-up of the Johan Castberg field strengthens Norway’s role as a reliable energy exporter to Europe. The field opens a new region in the Barents Sea and is expected to contribute to energy supply, value creation and ripple effects for at least 30 years to come.”

    “We have invested in Empire Wind after obtaining all necessary approvals, and the order to halt work now is unprecedented and in our view unlawful. This is a question of the rights and obligations granted under legally issued permits, and security of investments based on valid approvals. We seek to engage directly with the US Administration to clarify the matter and are considering our legal options.”

    Solid production

    Equinor delivered a total equity production of 2,123 mboe per day in the first quarter, down from 2,164 mboe in the same quarter last year.

    The operational performance for most of the fields on Norwegian continental shelf is strong, including the Johan Sverdrup and Troll fields. This almost offsets the negative production impact from the shut-in at Sleipner B after the fire in fourth quarter 2024 and planned and unplanned maintenance at Hammerfest LNG.

    In the US, production increased from the same period last year. This was due to increased production from the fields and transactions increasing Equinor’s ownership interest in onshore gas assets in 2024.

    The production from the international upstream segment, excluding US, is down compared to the same quarter last year, due to exits from Nigeria and Azerbaijan in 2024.

    The total power generation from the renewable portfolio was 0.76 TWh, on par with the same period last year.

    In the quarter, Equinor completed five offshore exploration wells on the NCS with two commercial discoveries.

    Strong financial results

    Equinor delivered adjusted operating income* of USD 8.65 billion. and USD 2.25 billion after tax* in the first quarter of 2025. The results are driven by solid gas production and higher gas prices.

    Equinor realised a European gas price of USD 14.8 per mmbtu and realised liquids prices were USD 70.6 per bbl in the first quarter.

    Adjusted operating and administrative expenses* increased from the same quarter last year driven by overlift, higher maintenance activity and some one-off costs. This was partially offset by active measures to reduce costs for business development and early phase projects in renewables and low carbon solutions.

    A strong operational performance generated a cash flow from operating activities, before taxes paid and working capital items, of USD 10.6 billion for the first quarter. Equinor paid one NCS tax instalment of USD 3.09 billion in the quarter.

    Cash flow from operations after taxes paid* ended at USD 7.39 billion.

    Organic capital expenditure* was USD 3.02 billion for the quarter, and total capital expenditures were USD 4.50 billion.

    Equinor continues to demonstrate capital discipline and strengthen financial robustness with a net debt to capital employed adjusted ratio* of 6.9% at the end of the first quarter, compared to 11.9% at the end of the fourth quarter of 2024.

    Empire Wind 1

    After quarter close, Equinor received a halt work order from the US government on the offshore construction on the outer continental shelf for the Empire Wind project. The lease was obtained in 2017 and the project was fully permitted in 2024. It has a potential for delivering power to half a million New York homes, and is approximately 30% to completion.

    Equinor is complying with the order and is seeking dialogue with the proper authorities and assessing legal options. The Empire Wind project has per 31 March 2025 a gross book value of around USD 2.5 billion, including South Brooklyn Marine Terminal.

    Strategic progress

    A major milestone was reached when production was started from the Johan Castberg field in the Barents Sea on 31 March. Production also started at the Halten East development in the Norwegian Sea, with   estimated recoverable reserves of 100 million boe and one year pay-back time.

    Equinor continues to optimise and strengthen long-term value creation on the NCS, and was awarded 27 new production licenses in the Awards in Predefined Areas round (APA) in January. The ambition is to drill around 250 exploration wells on the NCS by 2035.

    In the quarter, the Bacalhau floating production, storage and offloading vessel (FPSO) arrived at its destination in the Santos Basin in Brazil’s pre-salt region. First oil is expected in 2025.

    Within low carbon solutions, Equinor together with partners Shell and TotalEnergies made a final investment decision to progress phase two of the groundbreaking Northern Lights carbon transport and storage development in Øygarden. The NOK 7.5 billion investment is expected to increase the total injection capacity from 1.5 million tonnes of CO2 per year (Mtpa) to at least 5 Mtpa and further develop the commercial market for transport and storage of CO2.

    The appraisal wells for carbon storage at Smeaheia were completed in the quarter on time and on cost.

    Competitive capital distribution

    The board of directors has decided a cash dividend of USD 0.37 per share for the first quarter 2025, in line with communication at the Capital Markets Update in February.

    Expected total capital distribution for 2025 is USD 9 billion, including a share buy-back programme of up to USD 5 billion. The board has decided to initiate a second tranche of the share buy-back programme of up to USD 1.265 billion. The second tranche is subject to an authorisation from the company’s annual general meeting 14 May 2025 and will commence after this. The tranche will end no later than 21 July 2025.

    The first tranche of the share buy-back programme for 2025 was completed on 24 March 2025 with a total value of USD 1.2 billion.

    All share buy-back amounts include shares to be redeemed by the Norwegian State.

    – – –

    *For items marked with an asterisk throughout this report, see Use and reconciliation of non-GAAP financial measures in the Supplementary disclosures.

    – – –

    Further information from:

    Investor relations
    Bård Glad Pedersen, Senior vice president Investor relations
    +47 918 01 791 (mobile)

    Press
    Sissel Rinde, Vice president Media relations
    +47 412 60 584 (mobile)

    This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act

    Attachments

    The MIL Network

  • MIL-OSI USA: Bailey Student-Athlete Success Center Will Transform College Experience for Huskies

    Source: US State of Connecticut

    One of the most storied athletic locations at UConn is about to begin a brand-new era.

    Starting this spring, Guyer Gymnasium on Hillside Avenue will be fully overhauled, along with along with renovation of smaller spaces in the connecting Hugh S. Greer Field House and Wolff-Zackin Natatorium. Together, they will be known as the Bailey Student-Athlete Success Center, named in honor of Trisha Bailey ’99 (CLAS), whose lead gift is among the largest from any UConn graduate.

    The project was kicked off with a groundbreaking ceremony on April 23 featuring Bailey, student athletes, coaches, Board of Trustees Chairman Dan Toscano, UConn President Radenka Maric, Director of Athletics David Benedict, and others.

    “Congratulations, coaches. Congratulations, students. Congratulations, alumni,” said Maric. “Congratulations to our staff and everybody who supports our athletics and our university. This is the day that you waited for, for a long time.”

    The project will bring athletics, research, academic support, sports medicine, and other programs together in one facility to build upon each other in support of the student success journey, one of the mainstays of UConn’s Strategic Plan. If all goes as scheduled, the new center will open in Spring 2027.

    Nancy Stevens, former head coach of UConn’s field hockey team, shakes hands with UConn Athletic Director David Benedict during the groundbreaking ceremony for the Bailey Student-Athlete Success Center and Nayden Academic Excellence Center in the Hugh S. Greer Field House on Wednesday, April 23, 2025. (Sydney Herdle/UConn Photo)

    “The Bailey Student-Athlete Success Center will transform the college experience for young men and women who wear the Husky uniform,” said David Benedict, director of athletics.

    Bailey, a former track athlete at UConn, founded Bailey’s Medical Equipment and Supplies after her time in Storrs. She quoted her grandmother at the ceremony: “’Dream so big that not even you can believe that these dreams can come true,’” said Bailey. “What does that mean? It means that when you dream, you need to go beyond what the dream looks like.”

    Also on April 23, UConn announced a transformative $15 million commitment from longtime supporters Denis and Britta Nayden that will establish The Nayden Center for Academic Excellence within the Bailey Student-Athlete Success Center. At the core of this transformative project, the 12,000 square foot academic center will become the home for holistic development, academic accomplishment, and well-being for every student-athlete at UConn. This comprehensive space will facilitate learning, testing, meeting, tutoring, and all academic activities.

    The gymnasium will be renovated to house UConn’s Student-Athlete Success Program (SASP), which supports student-athletes with tutoring, study spaces, post-graduation career or academic planning, and other academic services.

    It will also house offices, support spaces, locker rooms, team meeting areas, and other spaces for women’s field hockey, women’s rowing, women’s tennis, women’s swimming & diving, women’s cross country, and men’s and women’s track & field.

    “Thanks to Trisha Bailey’s anchor donation, the vision of a student-athlete success center took hold, and became real,” said Nayden ’76 (BUS) ’77 MBA. “I’ve seen the drawings, and I have no doubt that the new facility will be state of the art, beautiful and impressive. But what attracted us, and what was really impressive, is everything that would occur inside.”

    Trisha Bailey ’99 (CLAS) mingles with attendees as seen through the wall used during the groundbreaking ceremony for the Bailey Student-Athlete Success Center and Nayden Academic Excellence Center in the Hugh S. Greer Field House on Wednesday, April 23, 2025. (Sydney Herdle/UConn Photo)

    Other speakers included former field hockey coach Nancy Stevens, men’s tennis coach Glenn Marshall, and student athletes Chioma Okafor ’26 (BUS, ENG) and Travis Roux ’25 (BUS).

    The construction will turn the field house into a LEED-certified building and add an estimated 50 to 60 years of active use to the complex. The improvements help UConn take another step in its Sustainability Action Plan and will help UConn reach carbon neutrality by 2030.

    New space will be created for the UConn Department of Kinesiology, strength and conditioning rooms, rehabilitation and recovery areas and hydrotherapy and biomedical analysis.

    The field house, named for longtime men’s basketball coach and athletic director Hugh Greer, opened in 1954 and was the home of the men’s and women’s basketball teams until Gampel Pavilion opened in 1990.

    “We want everyone to achieve excellence. This will be a learning center, a financial literacy center, a personal development center, a mental health center, a tutoring center, a nutrition center,” said Nayden. “It will be a social center. It will be a hub of life.”

    MIL OSI USA News

  • MIL-OSI China: Shipping expands from Guangzhou to west coast of S. America

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

    Shipping expands from Guangzhou to west coast of S. America

    A shipping vessel docked at the Phase II Terminal of the Nansha Port in Guangzhou, the capital of Guangdong province, on Tuesday, marking the launch of the first direct route from Guangzhou to the western coast of South America.

    After loading 400 containers of electronics, household appliances and other products manufactured in the Guangdong-Hong Kong-Macao Greater Bay Area, the vessel will start its journey bound for South America.

    The WSA3 route, operated with 11 vessels of 10,062 TEU container capacity, will connect Guangzhou’s Nansha Port with key ports in Latin America including Chancay Port in Peru, Manzanillo Port in Mexico and San Antonio Port in Chile.

    “The route’s opening will help boost the comprehensive upgrade of the logistics channel between the Greater Bay Area and the western coast of Latin America, further enhancing the golden channel for economic and trade exchanges between China and Latin America,” said Sun Bangcheng, deputy general manager of Guangzhou Port Company Limited.

    China has become the second-largest trading partner of Latin America, following the signing of the first free trade agreement between China and Latin American countries 20 years ago.

    The trade volume between China and Latin America has grown from around $12 billion in 2000 to approximately $500 billion in 2024, according to Customs data.

    The new route directly connecting Chancay Port in Peru, operated by COSCO Shipping Ports Limited, is an important project under the joint construction of the Belt and Road Initiative between China and Peru.

    Serving as South America’s first smart and green port, the operation of Chancay Port is seen as a model of infrastructure cooperation between China and Latin America, helping shorten the sea transportation time between Peru and China to 23 days, saving over 20 percent in logistics costs.

    “This route not only provides a fast lane for ‘Made in China’ products like household appliances, electronics, furniture and toys from the Greater Bay Area to venture into the Latin American market, but also enables high-quality tropical fruit, Pacific coast seafood, Andean wines, as well as commodities like pulp, fishmeal and minerals to enter the Chinese market,” said Sun.

    Located in the Nansha port area, the Nansha International Cold Chain Project has built three multistory cold storage facilities, offering a total storage capacity of 227,000 metric tons, according to the port company.

    With the ability of inspecting 162 refrigerated containers simultaneously, the facilities ensure that the seamless cold chain services for temperature-controlled goods are never broken, from inspection through to storage.

    Dubbed “Asia’s largest refrigerator”, the project has supported the Chilean cherry express route at Nansha Port since 2019. Chile’s cherry exports surged 51.4 percent year-on-year in 2024, with China remaining the South American country’s top cherry export market.

    “With the operation of the new shipping route and other logistics support, more refrigerated cargo such as beef, lamb, white shrimp, salmon, squid, grapes, avocados, prunes and plums are expected to efficiently reach Chinese consumers through Nansha port,” said Sun.

    MIL OSI China News

  • MIL-OSI USA: SPC Severe Thunderstorm Watch 195

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL5

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 195
    NWS Storm Prediction Center Norman OK
    1050 PM CDT Tue Apr 29 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Southeast New Mexico
    West Texas

    * Effective this Tuesday night and Wednesday morning from 1050 PM
    until 600 AM CDT.

    * Primary threats include…
    Scattered large hail and isolated very large hail events to 2.5
    inches in diameter possible
    Isolated damaging wind gusts to 70 mph possible
    A tornado or two possible

    SUMMARY…Strong to severe thunderstorms are expected to redevelop
    across the region the remainder of the evening into the overnight,
    with large hail as the most common hazard.

    The severe thunderstorm watch area is approximately along and 65
    statute miles north and south of a line from 5 miles south southwest
    of Hobbs NM to 50 miles north of Abilene TX. For a complete
    depiction of the watch see the associated watch outline update
    (WOUS64 KWNS WOU5).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 194…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    2.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    23030.

    …Guyer

    SEL5

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 195
    NWS Storm Prediction Center Norman OK
    1050 PM CDT Tue Apr 29 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Southeast New Mexico
    West Texas

    * Effective this Tuesday night and Wednesday morning from 1050 PM
    until 600 AM CDT.

    * Primary threats include…
    Scattered large hail and isolated very large hail events to 2.5
    inches in diameter possible
    Isolated damaging wind gusts to 70 mph possible
    A tornado or two possible

    SUMMARY…Strong to severe thunderstorms are expected to redevelop
    across the region the remainder of the evening into the overnight,
    with large hail as the most common hazard.

    The severe thunderstorm watch area is approximately along and 65
    statute miles north and south of a line from 5 miles south southwest
    of Hobbs NM to 50 miles north of Abilene TX. For a complete
    depiction of the watch see the associated watch outline update
    (WOUS64 KWNS WOU5).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 194…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    2.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    23030.

    …Guyer

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW5
    WW 195 SEVERE TSTM NM TX 300350Z – 301100Z
    AXIS..65 STATUTE MILES NORTH AND SOUTH OF LINE..
    5SSW HOB/HOBBS NM/ – 50N ABI/ABILENE TX/
    ..AVIATION COORDS.. 55NM N/S /45N INK – 41NNE ABI/
    HAIL SURFACE AND ALOFT..2.5 INCHES. WIND GUSTS..60 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 23030.

    LAT…LON 33550325 34089968 32209968 31670325

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU5.

    Watch 195 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Low (20%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low (10%)

    Wind

    Probability of 10 or more severe wind events

    Mod (30%)

    Probability of 1 or more wind events > 65 knots

    Low (10%)

    Hail

    Probability of 10 or more severe hail events

    Mod (50%)

    Probability of 1 or more hailstones > 2 inches

    Mod (40%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (80%)

    For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

    MIL OSI USA News

  • MIL-OSI USA: Rosen Joins in Awarding Congressional Gold Medal to “Six Triple Eight” World War II Battalion, Honors 3 Nevada Women Who Served

    US Senate News:

    Source: United States Senator Jacky Rosen (D-NV)

    The Six Triple Eight Was The Only All-Black, All-Female Battalion Serving in Europe During World War II

    Watch Senator Rosen’s Full Remarks HERE.
    WASHINGTON, DC – U.S. Senator Jacky Rosen (D-NV) helped award the Congressional Gold Medal in honor of the 6888th Central Postal Directory Battalion, commonly known as the Six Triple Eight, the only all-Black, all-women battalion serving in Europe during World War II. These women were tasked with clearing a three-year backlog of mail in Europe, approximately 17 million pieces, for servicemembers and their families back home.
    Nevada was home to three members of the 6888: Corporals Mable Nevels, Alberta Bradley, and Lena Bell King. Corporal King moved to Las Vegas later in life and was the last surviving Nevadan until her death in January 2024 at the age of 100. Senator Rosen helped introduce the bipartisan Six Triple Eight Congressional Gold Medal Act, which was later signed into law.
    Below are excerpts from Senator Rosen’s remarks:
    Again, Congresswoman Moore, and I’m proud to work with Senator Moran [and] our partners all across both Houses to make sure the Six Triple Eight Central Postal Directory Battalion got the recognition that they truly and rightfully deserve with the Congressional Gold Medal – Congress’s highest civilian honor.
    I got involved with these efforts, these heroes, especially because of the women who called my state of Nevada home.
    Women like Corporal Mable Nevels, women like Corporal Alberta Bradley, and women like Corporal Lena King, who later in her life came to call Nevada home. That’s right.
    And it was Corporal King’s story that motivated me to make sure that these heroic women – these heroic women – got the recognition that they deserved. And even though she is no longer with us, she is with us in spirit. Her heroism remains, her spirit and her legacy intact.
    All of these trailblazing women, they not only answered the call to serve their country, but they did so in the face of incredible challenges of the time, like racism and sexism.
    And let this medal, in this time, in this place – Emancipation Hall – and this moment, stand as a permanent reminder that courage knows no color, that strength knows no gender, and patriotism knows no bounds.
    So on behalf of a grateful nation, to the families, the descendents, the friends, and the loved ones, the women of Six Triple Eight, we thank you for your service, and we are so proud to honor you here today. You have our eternal gratitude. Thank you.

    MIL OSI USA News

  • MIL-OSI USA News: ICYMI: Celebrating President Trump’s Incredible First 100 Days

    Source: The White House

    President Donald J. Trump has accomplished more in 100 days than most presidents do over an entire term — and he’s still just getting started. President Trump’s unprecedented work in the first 100 days has earned praise from across Capitol Hill and beyond.

    Here’s what they’re saying:

    Speaker Mike Johnson: “@POTUS has been able to do far more for the American people in the first 100 days than the Biden Administration did in four years. Thanks to the Trump White House, AMERICA IS BACK – and we’re just getting started.”

    Senate Majority Leader John Thune: “It’s been 100 days of the new Trump administration, and @POTUS is delivering. Securing our southern border, restoring American strength, extending tax relief for Americans, unleashing American energy, saving taxpayer dollars, and restoring common sense.”

    Senate Majority Whip John Barrasso: “In the first 100 days under @POTUS Trump, Republicans are fighting for the American people. Secure the border. Rebuild the economy. Restore peace through strength. Unleash American energy.”

    Senate Republican Conference Chair Tom Cotton: “Joe Biden unleashed mass illegal migration across our nation during his time in office. In his first 100 days, President Trump ended the Biden Border Crisis by cracking down on criminals and following the law.”

    Sen. Jim Banks: “100 days of securing the border… Thanks to President Trump’s strong leadership, the invasion along our borders is over!”

    Sen. Marsha Blackburn: “Congratulations to President Trump on 100 days of Making America Great Again.”

    Sen. Katie Britt: “President Trump has kept his promises in the first 100 days.”

    Sen. Ted Budd: “From day one: clear goals, hard work, concrete results. At Day 100, @POTUS has built real momentum to deliver long-term prosperity for the American people — and he’s just getting started.”

    Sen. Shelley Moore Capito: “Real leadership leads to real results. @SenateGOP and @POTUS are delivering on our promises in these 100 days to protect and secure our country.”

    Sen. Bill Cassidy: “After 100 days, the results are clear: America is safer and the border is secure.”

    Sen. John Cornyn: “I’ve worked hand-in-glove with President Trump to accomplish his agenda during his first 100 days.”

    Sen. Mike Crapo: “President Trump has had phenomenal successes in his first 100 days. He has closed the border, revitalized our energy production, brought trillions of dollars of capital investment into the United States.”

    Sen. Steve Daines: “In just 100 days, @POTUS has delivered win after win. Border crossings are at an all-time low, American energy is thriving & we’re kicking Biden and the left’s woke agenda to the curb. If this is what 100 days of progress looks like, can’t wait for what the future brings!”

    Sen. Joni Ernst: “From a wide-open southern border to complete border security in just 100 days. That is the Trump effect.”

    Sen. Chuck Grassley: “2day marks 100 days of Pres Trumps return 2 White House Ive seen the President working hard 2 KEEP HIS PROMISES + RESTORE COMMON SENSE Praise the Lord we hv a Commander in Chief who is standing on the platform he ran on& getting things done for the American ppl.”

    Sen. Lindsay Graham: “In just 100 days, President Trump has delivered historic results for the American people… I look forward to continue working with the President and his team in the Senate to make sure we DELIVER his historic agenda to the American people.”

    Sen. Bill Hagerty: “This has been the most effective, most impactful in a positive sense 100 days in my lifetime.”

    Sen. Josh Hawley: “For the first time in decades, working Americans have a President who stands with them. Trump’s giving Americans their country back”

    Sen. John Hoeven: “#100Days in, @POTUS has secured the border and now he’s empowering our energy producers to make the country energy dominant—removing barriers, driving growth, and restoring America’s place as the world’s energy leader.”

    Sen. Jon Husted: “Daily border apprehensions have dropped 95% since @POTUS took office. Pres. Trump is following through on his promise to secure the border and safeguard Americans.”

    Sen. Cindy Hyde-Smith: “Just 100 days in, @POTUS and the Senate Republicans are delivering for the American people – securing our border, rolling back harmful Biden policies, confirming Trump nominees, passing common-sense laws, and locking in a strong budget.”

    Sen. Jim Justice: “100 days under @POTUS:
    ✔️American Energy Unleashed
    ✔️Border is secure
    ✔️Manufacturing is coming back to the states
    ✔️ West Virginia Coal making a comeback
    President Trump is just getting started and I will keep working alongside him to get results for Americans!”

    Sen. John Kennedy: “In just 100 days, President Trump has secured the border, fought racial quotas, and totally changed the national conversation about the budget.”

    Sen. James Lankford: “An unprecedented 100 days under President Trump!” Let’s continue this moment for the American people—great job @POTUS.”

    Sen. Mike Lee: “A HISTORIC FIRST 100 DAYS.”

    Sen. Cynthia Lummis: “100 days of a stronger and safer America.”

    Sen. Roger Marshall: “The President’s first 100 days is a return to American greatness.”

    Sen. Dave McCormick: “We’re 100 days into the Trump Administration and we’re already seeing enormous change on behalf of the American people, just like the president promised.”

    Sen. Ashley Moody: “Today marks President Trump’s first 100 days, and the country is already stronger and safer than it has ever been before.”

    Sen. Jerry Moran: “In his first 100 days in office, President Trump has made our southern border safer by ending catch & release, signing the Laken Riley Act into law & reinstating Remain in Mexico. Illegal encounters at the southern border are down 95% thanks to these commonsense policies.”

    Sen. Markwayne Mullin: “100 DAYS: PROMISES MADE, PROMISES KEPT.”

    Sen. Rand Paul: “100 days of cutting government waste, securing the border, pursuing peace abroad, and simply restoring sanity to the American people.”

    Sen. Pete Ricketts: “In his first 100 days in office, President Trump has delivered for the American people.”

    Sen. Jim Risch: “100 days of America First”

    Sen. Rick Scott: “President Trump is delivering on his promises to make our country safer, our economy stronger, and America Great Again!”

    Sen. Tim Scott: “How do you describe 100 days of President Trump? Promises made, promises kept.”

    Sen. Eric Schmitt: “100 days of putting America first. Us”

    Sen. Tim Sheehy: “Whether it’s ending Biden’s border crisis, unleashing American energy, bolstering our military and restoring American strength, or securing better deals for hardworking families, @POTUS has delivered win after win in his first 100 days.”

    Sen. Dan Sullivan: “Congratulations @POTUS on 100 days in office and thank you in particular for working to unleash Alaska’s extraordinary resource potential!”

    Sen. Tommy Tuberville: “He’s done an outstanding job A+, we continue to even get better because he’s solving more problems everyday Thank you, President Trump for what you’ve done!”

    Sen. Roger Wicker: “Mr. President you’re bringing the kind of peace through strength our children will talk about fifty years from now- we thank you.”

    House Majority Leader Steve Scalise: “Today marks 100 DAYS of President Trump and Republican majorities in Congress. … America First and common sense are BACK. And we’re just getting started. Promises made. Promises kept.”

    House Majority Whip Tom Emmer: “100 days in, President Trump is delivering for the people of Minnesota.”

    House Republican Conference Chair Lisa McClain: “Today, @HouseGOP celebrates POTUS’ historic first 100 days in office. He has delivered on his promises to secure the borders, restore energy independence, show peace through strength, and make America COMPETITIVE.”

    House Republican Leadership Chair Elise Stefanik: “President @realDonaldTrump is securing our borders, reining in inflation, unleashing American energy dominance, combatting antisemitism, supporting the rule of law, and restoring American greatness and peace through strength on the world stage.”

    Rep. Mark Alford: “100 days ago, America was on the brink. Today, because of President Trump: Hope is back. Strength is back. America is BACK.”

    Rep. Rick Allen: “Promises made, promises kept. In just 100 days, @POTUS has delivered:
    ✅ A secure border
    ✅ Safer communities
    ✅ Energy independence
    ✅ Job growth
    ✅ Lowers costs for essentials like gas and eggs
    The list goes on and we’re just getting started!”

    Rep. Jodey Arrington: “In the first 100 days of President Trump’s second term our nation has experienced unprecedented achievements in a new era of American politics defined by competent leadership, common sense policies, and a commitment to America first.”

    Rep. Brian Babin: “100 days in and America is roaring back to life. The economy is up. The border is secure. Our pride is restored. The American comeback is here. FIGHT, FIGHT, FIGHT!”

    Rep. Don Bacon: “I commend the Trump Administration for tackling these campaign promises in the first 100 days:
    ✅ Restoring energy independence & bringing prices under control
    ✅ Securing our border with 95% drop in illegal crossings
    ✅ Taking decisive action against the Houthis
    The border and energy independence were top priorities this past Nov.”

    Rep. Jim Baird: “In 100 days, POTUS and his administration have been reversing the disastrous Biden-era policies and are working hard to usher in the Golden Age of America. Promises made. Promises kept.”

    Rep. Troy Balderson: “In President Trump’s first 100 days, he has…
    us Secured the border
    Unleashed American energy
    Rooted out government waste
    Added 345,000 jobs
    …and we’re just getting started”

    Rep. Andy Barr: “President @realDonaldTrump’s first 100 days have been nothing short of historic. I’m honored to stand with him as we secure the border, unleash American energy, rebuild our economy, and put America First again. Together, we’re delivering the results the American people demanded.”

    Rep. Tom Barrett: “In President Trump’s first 100 days, we’ve teamed up to secure the border, bring manufacturing jobs back, and unleash American energy.
    🚨 Illegal border crossings are at historic lows.
    The Laken Riley Act is signed into law.
    📉 Inflation and energy prices are falling..
    🚔 We are making our communities safe again.
    America First is back and we’re just getting started. #100Days”

    Rep. Michael Baumgartner: “On National Fentanyl Awareness Day, we celebrate the progress made with record low border crossings. President Trump’s first 100 days in office set the stage for this success. Let’s continue the fight to eradicate fentanyl and protect our communities.”

    Rep. Aaron Bean: “We’re celebrating #100Days of President Trump in office, and one thing is abundantly clear: America’s future is looking up! Since day one, POTUS  has understood the assignment: undo the damage done by the previous administration and usher in the Golden Age of America.  Working together at historic speed, we are securing our border, slashing wasteful spending, reviving our economy, and defending our American values.”

    Rep. Stephanie Bice: “100 days of bringing back America first policies.”

    Rep. Gus Bilirakis: “One of President Trump’s biggest success stories in his first 100 days is enhanced border security.  U. S. Customs and Border Protection now has total control of the border, with daily border encounters down by 93%.  March of 2025 saw the lowest monthly number of border encounters in recorded history.  Also, in March of 2025, fentanyl traffic at the southern border fell by 54% compared to March of 2024.  To date, the Trump Administration has also arrested more than 151,000 illegal aliens and has deported over 135,000. This includes 600 members of Tren De Aragua and thousands of MS-13 and 18thStreet Gang members.   We will continue to get dangerous predators off our streets!”

    Rep. Andy Biggs: “President Trump has done more for our country in his first 100 days than Democrats could dream of accomplishing in four years. Countless nations have already reached out to amend unfair trade practices.”

    Rep. Sheri Biggs: “100 Days of Results: President Trump promised to secure our border—and he’s delivered. Illegal crossings are down 94%, catch & release is over, and the border is finally under control.”

    Rep. Mike Bost: “What a difference 100 days make! Border apprehensions dropped by 94%, gas prices are down 6.3%, and egg prices have fallen by 56%. Over 100,000 illegal aliens have been deported, and U.S. manufacturing is roaring back.”

    Rep. Josh Brecheen: “We have seen tremendous progress at our borders due to President
    @realDonaldTrump taking decisive action in his first 100 days:
    • Daily border encounters are DOWN by 93%.
    • Over 135,000 illegal aliens have been DEPORTED.
    • Illegal alien crossings are DOWN by 99.99%.
    Promises made, promises kept!”

    Rep. Vern Buchanan: “In his first 100 days, POTUS has delivered on his promises.”

    Rep. Eric Burlison: “✅ Illegal crossings down 94%
    ✅ $Trillions in private investments
    ✅ Ended the Green New Scam
    ✅ Peace Through Strength
    ✅ Protecting women in sports
    Still not tired of winning.”

    Rep. Ken Calvert: “In the four years of Joe Biden’s presidency the border was in chaos as illegal immigrants and deadly drugs flowed unchecked into America. In the first 100 days of Donald Trump’s presidency order and security has been restored at the border.”

    Rep. Kat Cammack: “In 100 days, President Trump has protected women and girls’ sports, reduced illegal border crossings by 95%, removed dangerous criminals from the U.S., protected our children, enhanced transparency, and more!”

    Rep. Buddy Carter: “It’s been a historic and productive first 100 days of the second Trump Administration. From securing the southern border to reestablishing fair trade deals and unleashing American energy dominance, this presidency can be defined by one word: efficiency.”

    Rep. Juan Ciscomani: “.@POTUS Trump delivered on his promise to secure the border in his first 100 days – and it’s making a real difference for families in #AZ06.Just ask Jim and Sue Chilton. Under President Biden, their ranch saw 5,640 illegal crossings in April 2024. Under President Trump, things have changed for the better. In April 2025, they recorded ZERO crossings in a span of three weeks — a direct result of President Trump’s strong border policies. ✅Promises made, promises kept!”

    Rep. Ben Cline: “Trump’s first 100 days are a new era of American renewal”

    Rep. Michael Cloud: “The difference is undeniable. In just 100 days, President Trump has reversed the failures of the Biden administration and put America back on the path to greatness.”

    Rep. Andrew Clyde: “Today marks 100 days of President Trump putting America FIRST!”

    Rep. Mike Collins: “This has been the most consequential first 100 days in any American presidency.
    ✅The border crisis is solved.
    ✅Domestic manufacturing is back.
    ✅America is respected again.
    ✅DEI is dead.
    100 down and 1362 to go.”

    Rep. James Comer: “100 Days. President Trump has delivered on dozens of promises made to the American people… America’s future is bright under President Trump’s leadership.”

    Rep. Eli Crane: “Thank you, President Trump, for ending the premeditated border invasion. We didn’t need new legislation. We just needed a new President.”

    Rep. Dan Crenshaw: “Today marks President Trump’s 100th day back in office. He promised action, and he’s delivering it. If you listened during the campaign, you knew this was coming — promises made, promises kept”

    Rep. Warren Davidson: “President Trump in his first 100 days:
    – Secured the border
    – Removed woke ideology from the military
    – Eliminated billions in fraud and abuse
    – Deported over 100K illegal aliens
    Best sequel EVER”

    Rep. Monica De La Cruz: “During his first 100 days, President Trump stood up for South Texas farmers and ranchers — demanding Mexico honor its water delivery commitments, and he has delivered. Thank you, @POTUS! #PromisesMadePromisesKept”

    Rep. Mario Diaz-Balart: “100 days of SUCCESS with President Trump back in the White House—leading with strength, and laying the foundation for prosperity and peace for America to be the global powerhouse for generations to come.”

    Rep. Byron Donalds: “THE BEST IS YET TO COME”

    Rep. Troy Downing: “President Trump in his first term talked about promises made, promises kept. This time, it’s on steroids.”

    Rep. Neal Dunn: “100 days in, and the Trump administration has already achieved countless victories! From plummeting illegal border crossings to swift downsizing of the bloated federal bureaucracy, President Trump is delivering for the American people!”

    Rep. Ron Estes: “Today marks 100 days of President Trump’s second term. @POTUS and House Republicans have been hard at work to turn the page on four years of open borders, a sluggish economy and runaway federal spending. In just 100 days, border encounters are down 95%, hostages have returned home, violent criminals are being deported, more than $5 trillion in new investments have been secured, and the Department of Government Efficiency has saved taxpayers $160 billion (that’s an average saving of $1.6 billion every day). But we’re just getting started – we’re working to extend the 2017 Tax Cuts and Jobs Act, preserve and protect Social Security, reduce wasteful spending and restore our energy independence.”

    Rep. Mike Ezell: “During @POTUS’s first 100 days, the Coast Guard has worked around the clock to defend our maritime borders and stop the flow of illegal drugs and migrants. I’m proud that President Trump is recognizing their hard work—service that too often goes unnoticed but is vital to our national security.”

    Rep. Pat Fallon: “President Trump’s border security measures have yielded incredible results in 100 days. With 113,000 arrests, over 100,000 deportations, and a 94% reduction in illegal crossings, his policies are in the best interest of all Americans and public safety.”

    Rep. Julie Fedorchak: “Today is the 100 day marker for @POTUS Trump. He is tackling big issues that have long been ignored.
    ✅ Illegal border crossings are down 95%. Turns out we didn’t need new laws. We needed a new President that would actually enforce them.
    ✅ American energy is on the move. We are aggressively and responsibly developing our nation’s abundant, diverse natural resources.
    ✅ President Biden’s stifling regulations are being rolled back—lifting burdens off our farmers, businesses, and energy producers.
    ✅ Government waste, fraud and abuse is being identified and eliminated.
    Promises made. Promises kept.”

    Rep. Randy Feenstra: “In just 100 days, President Trump has achieved incredible victories for our country. He locked down our border, deported violent criminals, repealed ridiculous Biden-era regulations, and rooted our waste, fraud, and abuse in our government.”

    Rep. Brad Finstad: “In his first 100 days in office, President Trump has delivered on his promises, with over 300,000 new jobs created, strengthened border security, and an improved economic outlook for our nation. Together, we will continue working to restore the American Dream by making our communities safer and addressing the kitchen-table issues that matter most to the American people.”

    Rep. Michelle Fischbach: “In his first 100 days, @POTUS has signed the Laken Riley Act into law, has dangerous gangs and cartels shaking in their boots, and has shut our borders to illegal immigrants.”

    Rep. Scott Fitzgerald: “Only 100 days in, and @POTUS has delivered real results… I’m proud to stand with President Trump and the America First agenda!”

    Rep. Chuck Fleischmann: “In his first 100 Days, @POTUS is taking strong action to get America back on track! President Trump has:
    Secured our borders.
    Ended the war on American-made energy.
    Begun rebuilding our economy.
    Signed the Laken Riley Act into law.
    Restored commonsense in government.”

    Rep. Vince Fong: “In his first 100 days, President Trump has relentlessly pursued policies that are delivering on his promises to Central Valley families and the American people as we speak.”

    Rep. Scott Franklin: “100 days back in the White House and the results speak for themselves… America is back on the path to strength, security and prosperity!”

    Rep. Russell Fry: “President Trump’s first 100 days in office have been the MOST SUCCESSFUL IN THE HISTORY OF THE COUNTRY.”

    Rep. Brandon Gill: “President Trump’s historic presidency delivered major wins for the American people in his first 100 days.”

    Rep. Craig Goldman:” For years, we had a President who allowed millions of illegal aliens to flood across our borders. In 100 days, @POTUS has secured the border. The difference is clear:
    ✅ Daily apprehensions are down 94%
    ✅ Known gotaways are down 90%
    ✅ 100,000+ illegal aliens have been deported”

    Rep. Tony Gonzales: “Illegal Border Crossings⬇️95%
    Unleashing American Energy
    Water Deliveries from Mexico to South Texas
    Empowering LEOs to Tackle Crime & Protect our Communities
    And we’re just getting started! #100Days”

    Rep. Lance Gooden: “Just 100 days into President Donald Trump’s second term, the answer is resounding: Yes, we are better off.”

    Rep. Sam Graves: “In his first 100 days, President Trump has moved quickly to secure the border, unleash American energy production, and get rid of burdensome regulations… It’s exactly what the American people voted for.”

    Rep. Mark Green: “In less than three months, President Trump has restored law and order to our nation’s borders, removed criminal illegal aliens from our communities, and helped ensure the safety of the American people by empowering DHS law enforcement to do their jobs.”

    Rep. Marjorie Taylor Greene: “The American people & I are SO happy with the work President Trump has done the last 100 days! Our nation is safer, common sense has been restored, and America is being put first!”

    Rep. Glenn Grothman: “In his first 100 days, President Trump delivered more for the American people than Joe Biden had in four years. He’s keeping his promises, prioritizing American interests, securing our border, and leading with transparency. In the House, we’re building on that momentum to deliver real results that honor the American people’s electoral mandate.”

    Rep. Brett Guthrie: “Today marks the first 100 days of President Trump’s Administration. @POTUS has delivered on his promises of securing our border, unleashing American energy and repealing burdensome red tape. Promises made, promises kept.”

    Rep. Harriet Hageman: “In his first 100 days, President Trump has fixed a lot of what Biden and Kamala Harris broke and he’s on track to do a lot more.”

    Rep. Abe Hamadeh: “Promises made. Promises kept. Congratulations to @POTUS on an incredibly successful First 100 Days!”

    Rep. Mike Haridopolos: “President Trump is keeping the promises that he made to the American people. Just 100 days in, we’re already seeing the RESULTS.”

    Rep. Pat Harrigan: “100 days in, the Trump Doctrine holds firm: American interests first, American sovereignty always.”

    Rep. Mark Harris: “It’s been 100 days of:
    ✅Restoring common sense
    ✅Protecting Americans from criminal illegals
    ✅Rooting out government waste, fraud, and abuse
    Looking forward to the next 1361 days!!”

    Rep. Diana Harshbarger: “100 days of investing in America… Promises Made, Promises Kept.”

    Rep. Kevin Hern: “The last 100 days have gone by quickly but so much has happened. POTUS is moving at record pace to RESTORE American strength, SAVE taxpayers’ money, and PROTECT our national security and sovereignty.”

    Rep. Clay Higgins: “100 days of MAGA. President Trump’s administration is restoring common sense, securing our border, unleashing America’s energy potential, and attacking waste, fraud, abuse, and theft in the bureaucracy.”

    Rep. Ashley Hinson: “Closing in on 100 days of President Trump back in the Oval, and the results speak for themselves: strong and CLOSED borders, American energy back on top, peace through strength restored on the world stage, and a more competitive America. Promises made, promises kept.”

    Rep. French Hill: “100 days into his second term, and President Trump continues to move with unprecedented speed to deliver on the promises made to the American people. America is back on the path to restoring our strength, security, and prosperity. I’m looking forward to building on these early wins to lower costs, expand opportunity, and make the Trump tax cuts permanent for working families, small businesses, and the middle class.”

    Rep. Erin Houchin: “President Trump is off to a strong start! In just 100 days, he’s delivering on his promises to secure our border, rebuild our economy, and restore law and order. Proud to stand with him as we fight to put America First again!”

    Rep. Bill Huizenga: “President Trump is delivering on promise after promise for the American people. In just 100 days, he has secured our border, unleashed American energy, and restored common-sense regulatory policies to Washington. And we are just getting started!”

    Rep. Wesley Hunt: “100 Days in and Trump is keeping his promises.
    – 345,000 New Jobs
    – 4th highest Payroll Growth in 2 years
    – 9,000 New Manufacturing Jobs
    – Unemployment Rate Decreased
    – Consumer Price Decline
    – Hourly Wage Growth”

    Rep. Jeff Hurd: “I commend @POTUS and @HouseGOP for delivering on key promises in the first 100 days:
    ✅ Establishing energy dominance for rural America
    ✅ Securing our borders with a significant drop in illegal crossings
    ✅ Reviving the coal industry and identifying coal resources on federal lands”

    Rep. Darrell Issa: “In only 100 days, @realDonaldTrump ended the Biden border crisis, extended economic opportunity, slashed billions in government waste, and restored our standing in the world. This is setting the pace for the next four years as we Make America Great Again.”

    Rep. Jim Jordan: “President Trump said he’d stop federal censorship, defend religious liberty, and promote school choice. He’s done all of it. Promises made. Promises kept.”

    Rep. Mike Kelly: “In just his first 100 days, President Trump has:
    – Cracked down on illegal immigration – Compared to March 2024, Southwest border apprehensions have decreased by 94% and Northern border land encounters have decreased by 73%.
    – Expanded American energy production
    – Secured trillions of dollars in new U.S.-based economic investment
    – Brought jobs back to the U.S. and restructured trade negotiations
    – Restored accountability and transparency in government
    – Secured the release of Butler County native Marc Fogel and freed hostages

    @POTUS and @HouseGOP are putting America first!”

    Rep. Trent Kelly: “Today marks the 100th day in office for President Donald Trump. During this time, the Trump administration has made significant progress and worked quickly to fulfill his promises by securing the border, restoring energy independence, strengthening national defense, and boosting American competitiveness.”

    Rep. Brad Knott: “Never have the first 100 days of a presidency been so consequential. Following four years of disastrous and destructive policy from Biden-Harris, Americans were eager to see big, sweeping change and @POTUS delivered.”

    Rep. David Kustoff: “President Trump Has Kept His Promises in the First 100 Days!
    1. Strengthened border security, slashing illegal crossings to record lows 🚓
    2. Fueled growth in U.S. manufacturing and industrial production 🏭
    3. Curbed inflation, easing the cost-of-living crisis for Americans 💸
    4. Enacted the Laken Riley Act to ensure justice for crime victims ⚖️
    5. Combatted Tren de Aragua and MS-13 gangs in American communities 🚨
    6. Cracked down on sanctuary cities, upholding federal immigration laws 🔒
    7. Championed energy independence through robust oil and gas expansion ⛽️
    8. Lifted the natural gas export ban, cementing U.S. energy dominance 🛢️
    9. Dismantled DEI policies in government and DoD, recognized only male/female genders 🚻
    10. Declassified JFK and RFK records for transparency 📂
    11. Reduced the amount of federal bureaucracy 🏛️”

    Rep. Darin LaHood: “President Trump’s first 100 days have secured our border, made our communities safer, and put U.S. foreign adversaries on notice.”

    Rep. Doug LaMalfa: “In just 100 days, President Trump has delivered the most secure border this country has seen in modern history. Illegal crossings are down 95%, gotaways have dropped by 99%, and catch-and-release is over. Over 139,000 illegal immigrants have been deported, construction on the border wall is back underway, and Kamala Harris’ migrant app has been shut down for good. Violent gangs like Tren de Aragua and MS-13 are being dismantled, sanctuary cities are finally being held accountable, and the Trump administration is making clear that migrant crime will not be ignored — signing the Laken Riley Act into law to deliver justice for American families. Promises made, promises kept.”

    Rep. Bob Latta: “Today marks @POTUS’s first 100 days in office. From day one, he has prioritized the American people, working to eliminate waste, fraud, and abuse. Proud to work with
    @HouseGOP and President Trump to make life better for people in Ohio and across the country. Promises made, promises kept.”

    Rep. Nick Langworthy: “100 days of President Trump putting America First… and we are just getting started.”

    Rep. Laurel Lee: “In his first 100 days in office, President Trump is driving the American dream forward at a historic rate by securing American manufacturing, unleashing American energy, and supporting American-owned businesses.”

    Rep. Julia Letlow: “In 100 days President Trump has: reduced illegal border encounters by 95%, reduced total migrant crossings by nearly 100%, ended the Biden Border Crisis.”

    Rep. Barry Loudermilk: “Marking 100 days into his presidency, @POTUS continues to deliver on his promises to Make America Great Again.
    • 26 hostages freed from adversarial nations
    • Women’s sports protected
    • Unleashing the American worker and industry
    • $5 trillion in new investments/trade commitments secured
    All we needed was a different President.”

    Rep. Anna Paulina Luna: “In 100 days, President Trump has: Secured our border, declassified the JFK+RFK files, deported thousands of illegal alien thugs, protected American manufacturing & workers, started eliminating rampant waste, fraud, and abuse, crushed DEI in academia & business.”

    Rep. Morgan Luttrell: “President Trump is ushering in a Golden Age of America.

    ✅ 100k+ illegal aliens deported
    ✅ Gas prices down
    ✅ Border crossings down 94%
    ✅ Eggs down 56%
    ✅ 228,000 jobs in March”

    Rep. Nancy Mace: “100 days of holding the line. Thank you President Donald J. Trump.”

    Rep. Tracey Mann: “On Inauguration Day, President Trump promised he would usher in the Golden Age of America. 100 days into his historic second term, he is delivering just that for the American people. Promises made, promises kept.”

    Rep. Brian Mast: “Today marks 100 days of President Trump’s historic second term. We’re closing the border, bringing investments and manufacturing back to America, and reducing inflation. But we’re just getting started.”

    Rep. Nicolle Malliotakis: “From securing our border and deporting criminals to attracting trillions in private investment to negotiating the release of dozens of hostages, it’s been a fast & furious first 100 days!”

    Rep. Michael McCaul: “The American people gave a mandate to secure the border, and
    @POTUS delivered. Today, on his 100th day in office, @HomelandGOP is working to fully fund his border security agenda & protect the homeland for years to come.”

    Rep. Addison McDowell: “During President Trump’s first hundred days, the Coast Guard has defended our maritime border and stood on the front lines against illegal drugs and migrants. President Trump has made it clear—their hard work matters, and it won’t go unnoticed.”

    Rep. John McGuire: “President Trump promised a secure border. In his first 100 days, border encounters are down 95%.”

    Rep. Mark Messmer: “In just 100 days, @POTUS is restoring American Greatness with…
    ✅ Secure borders
    ✅ Energy independence
    ✅ Lower grocery prices
    ✅ Peace through strength”

    Rep. Dan Meuser: “In just 100 days President @realDonaldTrump has worked to strengthen our national security, create an America-First economy, deliver savings for taxpayers, restore global leadership, and bring commonsense back to Washington. The border is secure, American energy is recovering, jobs are coming back, inflation is falling, and our military recruitment is surging — among much more. President Trump has a plan that will lead to long-term success for the United States.”

    Rep. Mary Miller: “As we reach the first 100 days of President Donald Trump’s second term in the White House, it is abundantly clear: Christians across America once again have a powerful, unapologetic advocate in the Oval Office.”

    Rep. Mariannette Miller-Meeks: “Today marks 100 days since @POTUS returned to the White House, and @HouseGOP is hard at work delivering on his America First agenda!”

    Rep. Riley Moore: “It’s been an incredible first 100 days for @POTUS
    ✅ Sealed the border
    ✅ Deporting violent criminals
    ✅ Lowering prices & reversing inflation
    ✅ Only 2 genders
    ✅ Over $5 trillion in private investment
    ✅ Negotiating free and fair trade relationships
    Commonsense is back!”

    Rep. Tim Moore: “Since Day 1, President Trump has made it clear that rebuilding Western North Carolina and helping Hurricane Helene victims was one of his top priorities. 100 days in, there’s still a lot of work to do, but President Trump has completely turned around the federal response.”

    Rep. Nathaniel Moran: “Great visiting with local and national media to highlight @POTUS successes during his first 100 days in office. We’ve delivered real results as a party—but there’s still more work to do for the American people. I look forward to advancing President Trump’s agenda in the days ahead and keeping our commitment to putting America First.”

    Rep. Troy Nehls: “Today marks President Trump’s first 100 days back in the White House.
    Border is secured.
    Gas prices are dropping.
    DEI is dead.
    Historic investments secured.
    American energy is back.
    Common sense is restored.
    Protected women’s sports.
    We just keep winning!”

    Rep. Ralph Norman: “Within a mere 100 days – Gas prices have dropped 7%, energy prices are down 2%, egg prices dropped over 50%. @POTUS has delivered for the American people!! Welcome to the GOLDEN AGE!”

    Rep. Zach Nunn: “After 100 days of Biden: 451,063 CBP Apprehensions
    After 100 days of Trump: 21,528 CBP Apprehensions
    ⬇️ Apprehensions down 95%
    ⬇️ Migrant crossings down 99.99%
    ✅ Iowa communities safer & more secure”

    Rep. Andy Ogles: “It’s working — thanks to President Trump, ‘Made in Middle Tennessee’ is back and stronger than ever.”

    Rep. Burgess Owens: “President @realDonaldTrump brought back something Washington had lost: America First leadership. 100 Days of historic and unprecedented wings for our nation. Promises made. Promises kept. us”

    Rep. Gary Palmer: “In his first 100 days, President Trump has brought common sense back to the White House.”

    Rep. Jimmy Patronis: “Since @POTUS took office and reversed Biden’s burdensome regulations, Americans have enjoyed 100 days of lower prices.
    📉A/Cs
    📉Gas Stoves
    📉Water Heaters
    📉Lightbulbs
    📈WINNING
    Having a strong quarterback in the White House matters; and it’s just the first quarter”

    Rep. August Pfluger: “The first 100 days have set the foundation, the next 100 days will build the framework, and the next 100 years will showcase the lasting legacy of conservative governance done right.”

    Rep. Guy Reschenthaler: “100 days of American greatness — and many more to come”

    Rep. Hal Rogers: “Celebrating @POTUS ‘s first 100 days in office and the positive impact he is having in our country, including: 
    -Securing our borders
    -Putting drug cartels on the run
    -Ending unfair trade policies
    -Restoring commonsense, conservative policies that protect the American people
    -Strengthening our domestic energy supply, and much more.”

    Rep. Mike Rogers: “President Trump has accomplished more in 100 days than Biden did in his entire presidency. I am proud to see an America that is stronger and safer than it was 100 days ago.”

    Rep. John Rose: “In just 100 days, President Trump and his administration have accomplished more than Joe Biden did in four years.”

    Rep. David Rouzer: “President Trump is ushering in a new Golden Age of America!
    ✅ Restarted construction of the southern border wall
    ✅ Created 345,000 jobs
    ✅ Unlocked America’s Energy potential—bringing gas prices down 6.3%
    ✅ Reversed Biden-era rules – saving the average family of four $11,000
    ✅ Ended DEI in the military and government”

    Rep. Mike Rulli: “100 Days of Action. 100 Days of Results.
    President Trump is keeping his promises to the American people:
    🛑 Secured the border & ended catch-and-release
    🧱 Restarted the wall & deported criminal illegals
    ⚡ Declared a National Energy Emergency
    💸 Slashed waste, fraud & DEI bloat
    🏗️ Bringing jobs back through smarter trade”

    Rep. Maria Elvira Salazar: “Biden left us an open border. Now, border crossings are down 99 percent, criminals are being held accountable, and American manufacturing is coming back. It’s only the beginning.”

    Rep. Derek Schmidt: “✅ Secured the border
    ✅ Lowered inflation
    ✅ Unleashed American energy
    ✅ Eliminated waste, fraud, & abuse
    ✅ Reestablished peace through strength
    @POTUS’ first 100 days have been success after success- and he’s just getting started. us”

    Rep. Keith Self: “President Trump’s first 100 days embody the spirit of leadership, strength, and America First values. By upholding Reagan’s legacy of peace through strength, he fights to secure our nation and defend our freedoms. Thank you, @realDonaldTrump!”

    Rep. Jefferson Shreve: “Today, we mark 100 days of promises made and promises kept. .@HouseGOP
     and the @WhiteHouse  have been delivering — for the American people.

    ✅Securing our southern border
    ✅Unleashing American energy dominance
    ✅Deporting terrorists and illegal criminals
    ✅Investing in American manufacturing
    ✅Saving billions of dollars for the American taxpayers”

    Rep. Mike Simpson: “100 Days: @POTUS has delivered promise after promise to make America safer, more prosperous, and stronger. From securing our southern border to reducing regulations and restoring government transparency, President Trump has followed through for the American people.”

    Rep. Jason Smith: “President Trump’s first 100 days in office have been 100 days of promises made, promises kept.”

    Rep. Lloyd Smucker: “Promises made, promises kept. I’m proud to work alongside the Trump administration to extend tax relief for hardworking families and small businesses, cut government waste, secure our border, unleash American energy dominance, and achieve peace through strength.”

    Rep. Pete Stauber: “In his first 100 days, President Trump has delivered major wins for the American people:
    ✅Secured the border.
    ✅Deported violent illegal gang members.
    ✅Unleashed American energy and lowered gas prices.
    ✅Reduced government waste.
    ✅Protected women’s sports.
    ✅Boosted military recruitment.
    ✅Brought hostages home.
    Promises made, promises kept!”

    Rep. Greg Steube: “They laughed. They doubted. They lied. But President Trump DELIVERED. The border is secure. DEI is DEAD. Women’s sports are protected. This is what fighting for America looks like. And we’re just getting started.”

    Rep. Dale Strong: “In his first 100 days, @POTUS has delivered real results for the people of North Alabama. From strengthening national security to fueling job growth and reinvigorating American industry, Trump is taking action to push back against the failed policies of the radical left that weakened America’s economy, values, and institutions.”

    Rep. Dave Taylor: “President Trump is on a roll. In his first 100 days in office he has:
    – Lowered border encounters by 95%
    – Created 345,000 jobs
    – Signed the Laken Riley Act into law
    – Invested in American energy & manufacturing
    – Repealed restrictive Biden-era regulations
    Republicans are ready to work with President Trump to deliver on his mandate. And we’re just getting started!”

    Rep. Claudia Tenney: “President Trump has had a more productive first 100 days than any other president in history!”

    Rep. Tom Tiffany: “President Trump delivered in just 100 days.
    Secured the border.
    Lowered gas prices.
    Ended DEI programs.
    Boosted investments.
    Cut government waste.
    Brought hostages home.
    Deported gang members.
    Protected women’s sports.
    Revived military recruitment.
    Promises made. Promises kept.”

    Rep. Glenn Thompson: “Over the past 100 days, President Trump has worked tirelessly to secure our border, unleash American energy, and root out waste, fraud, and abuse in our government. Promises made, promises kept.”

    Rep. William Timmons: “President Trump did more in 100 days than Joe Biden did in four years.”

    Rep. Jeff Van Drew: “In just 100 days, President Trump did what Biden wouldn’t in four years:
    ✅ Laken Riley Act: signed
    ✅ Remain in Mexico: reinstated
    ✅ CBP One App: shut down
    ✅ Catch and Release: ended
    ✅ Criminal illegals: deported
    Biden opened the floodgates and Trump slammed them shut.”

    Rep. Beth Van Duyne: “100 days in and we are not tired of winning!
    ✅ Secured the border.
    ✅ $5+ trillion in new private U.S. investment
    ✅ Unleashed American Energy
    ✅ Lowered prices
    ✅ Negotiating for free and fair trade”

    Rep. Derrick Van Orden: “Over 77 million Americans and 1.7 million Wisconsinites put their trust in President Trump to get our nation back on track after four years of disastrous policy from the Biden administration. In just 100 days, President Trump has delivered on his promises to the American people.”

    Rep. Tim Walberg: “100 days in, Trump creating new Golden Age.”

    Rep. Randy Weber: “President Trump has been in office 100 GREAT days. Thank you for finally putting Americans FIRST. A new era of greatness has begun for our great country.”

    Rep. Daniel Webster: “President Trump is getting our country back on track. In just the first 100 days, @POTUS:
    ✅ Secured the border – 94% drop in illegal crossings.
    ✅ Unleashed American energy – gas prices have fallen 6.3%.
    ✅ Secured trillions in new U.S. based investments, and brought back American jobs.
    ✅ Restored peace through Strength.
    ✅ Cut waste, fraud, and abuse in the federal government.
    The Golden Age of America has only just begun.”

    Rep. Tony Wied: “100 days of a secure border, 100 days of eliminating waste in our government, 100 days of unleashing American energy, 100 days of putting America First.”

    Rep. Roger Williams: “In just 100 days under @POTUS, Illegal border encounters are DOWN by 95% and gotaways are DOWN by 99%.”

    Rep. Joe Wilson: “Today marks 100 days since President Donald Trump took back the White House, and along with the Republican-led House and Senate, immediately began Promises Made, Promises Kept, delivering for American families. In just 100 days, the Trump administration has secured the borders, restored energy independence, began Peace Through Strength, and brought massive investments and jobs, making America competitive again. President Trump is keeping his promises to families, making the country strong, safe, and secure.”

    Rep. Steve Womack: “In the first 100 days, @POTUS Trump has delivered huge wins for our nation, securing our borders and halting the surge of illegal crossings witnessed under Biden. National security begins with strong border policies, and I’m pleased to see this administration making it a top priority.”

    Rep. Rudy Yakym: “100 days of promises made, promises kept
    ✅Illegal border crossings down 95%
    ✅Deporting violent criminals
    ✅Bringing dozens of hostages home
    ✅Restoring peace through strength
    ✅Unleashing American energy”

    Rep. Ryan Zinke: “First 100 days of @POTUS by the numbers:
    📉Border encounters down 88% since last year
    📉Gas Prices down 6.3%
    📉Eggs prices down 56%
    📈10,000 new manufacturing jobs
    📈 8,900 new auto jobs
    ➡️ over 100,000 illegal aliens deported”

    Vice President JD Vance: “President Trump has made historic progress in the first 100 days of his presidency, but he’s also revealed the ways in which the entrenched bureaucracy in Washington is working to undermine the will of the American people. Thank God, we have a president who is fighting back.”

    Secretary of the Treasury Scott Bessent: “Bringing down persistent Bidenflation has been a priority for the first 100 days of the Trump administration, and @POTUS has done a great job of leading that effort.”

    Attorney General Pam Bondi: “This is all at Donald Trump’s directive, and this is what all of us have been doing, as a team, since Day One when he took office – Make America Safe Again.”

    Secretary of Energy Doug Burgum: “100 Days of promises made, promises kept! This administration is bolstering our national security, reducing inflation, ending our reliance on foreign adversaries, & cementing this country as a global energy powerhouse.”

    Secretary of Veterans Affairs Doug Collins: “The first 100 days of the second Trump Administration have been full of great news for America’s Veterans. Under @POTUS’ leadership, we are putting Veterans first!”

    Secretary of Labor Lori Chavez-DeRemer: “In just the first 100 days, we’re witnessing a resurgence of the grit, determination, and ingenuity that built our country into a shining city on a hill.”

    Secretary of Transportation Sean Duffy: “From zero to 100 days: How Donald Trump is revolutionizing transportation.”

    Director of National Intelligence Tulsi Gabbard: “President Trump’s first 100 days have delivered historic change for the American people, to make our country more safe, secure, and free.”

    Secretary of Health and Human Services Robert F. Kennedy, Jr.: “The first 100 days of the Trump administration have been historic—a critical course correction for a nation suffering from chronic disease and the stranglehold of corporate power.”

    Small Business Administration Administrator Kelly Loeffler: “No better place to celebrate the wins of President Trump’s first 100 Days than with America’s small businesses and workers. In record time, he’s delivering the strongest pro-growth agenda in modern history– to help Main Street hire, build, and boom again.”

    Secretary of Education Linda McMahon: “The American people gave us a historic mandate to restore our education system. We’re 100 days in, and we’re just getting started.”

    Secretary of Homeland Security Kristi Noem: “Under the leadership of President Donald J. Trump, we have the most secure border in American history. In less than 100 days, daily border encounters are down 93%… The world is hearing our message: do not come to this country illegally. If you do, we will arrest you, deport you and you will not be allowed to return.”

    Secretary of Agriculture Brooke Rollins: “As President Donald J. Trump ushers in a new golden age of prosperity for our economy, we are fighting to give farmers and ranchers a seat at the table. For far too long, the hardworking Americans who feed, fuel, and clothe the world were left on the sidelines. At USDA, I am reversing the policies of the Biden Administration that actively made life harder for America’s farmers and ranchers and instead pushing to expand market access and unleash prosperity for generations to come.”

    Secretary of Housing and Urban Development Scott Turner: “After 100 Days of President Trump’s leadership, we are well on our way to restoring the American Dream.”

    National Security Advisor Mike Waltz: “One hundred days into President Trump’s historic second term, America is far safer than it was during Joe Biden’s disastrous presidency.”

    Secretary of Energy Chris Wright: “100 days in—President Trump’s leadership is turning policy into power.”

    MIL OSI USA News

  • MIL-OSI USA: Senator Marshall: President Trump’s First 100 Days Have Been Some of the Most Consequential in American History

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall
    Washington – U.S. Senator Roger Marshall, M.D. (R-Kansas) delivered a speech on the Senate floor today recapping President Donald Trump’s historic first 100 days of his second administration.
    [embedded content]
    Click HERE or on the image above to watch Senator Marshall’s full speech.
    Highlights from Senator Marshall’s speech include:
    On the return to American greatness:
    “This week, we honor and celebrate the 100th day of our 47th president, Donald J. Trump… As I searched over the last week to think about the words to describe these first 100 days, I think of the word consequential, that these first 100 days have been some of the most consequential we’ve ever seen in American history.
    “… it’s exciting for me to see an 11-point surge in optimism in this country [since] January of this year alone. But to sum it up, what I’ve seen in these first 100 days is a return to American greatness… And I think I see this theme of promises made and promises kept by this president.”
    On President Trump securing the border:
    “President Trump campaigned to secure our border. That was his top priority: to secure our border. And think about what’s happened since he was sworn in. Under Joe Biden, we saw on days 10,000 people crossing our border illegally. Some days, it was 11,000, but under President Trump, we’re now averaging less than 300 of those border crossings a day. We went from 10,000 a day to 300 in a day. That’s a promise made and a promise kept. 
    “President Trump also campaigned that he would make your family safer and more secure. And to that end, he’s deported 130,000 violent criminal aliens. And as I travel the state [of Kansas] and talk to law enforcement officers… they tell me that the number of violent crimes is down, the fentanyl poisoning is down. Indeed, the president’s plan of securing our border has led to the health and safety of our families.”
    On President Trump rolling back regulations, lowering gas prices:
    “President Trump promised that he’d roll back regulations. To that end, of his [over] 135 executive orders, many have done just that, cutting red tape and saving American families some $2,000 each. Another promise made and another promise kept.
    “President Trump said we’re going to ‘drill, baby, drill,’ one of my favorite expressions from his campaign, ‘drill, baby drill.’ And indeed, America, once again, is drilling, and we’ve seen gasoline prices drop across America. It was common just a couple years ago under Joe Biden to see gasoline at over $4 a gallon today. All across the state of Kansas, it’s averaging under $2.60 a gallon. So it’s dropped from $4 to $2.60 a gallon. That’s a promise made, and a promise kept.” 
    On President Trump being the American first president:
    “Well, what about groceries, you asked? Last month we saw the smallest increase in the consumer price index since the spring of 2020. Since COVID, since the start of COVID. This is the smallest increase in grocery prices that we’ve seen. 
    “Now, it would take 30 minutes, maybe an hour, for me to talk about all the things that President Trump has accomplished in these first 100 days, but I want to just highlight a few more. He’s terminated the EV mandate. He slowed the green energy transition. He’s ended boys in girls’ sports. Under DOGE, he’s cut over $100 billion, saving American taxpayers’ money. He got America out of the World Health Organization, out of the Paris Climate Agreement, establishing, once again, that he’s an American first president.”
    On President Trump bringing back jobs to America:
    “But one thing I’m really excited about is this economic boom that we’re starting to see, that President Trump talks about the $7 trillion of investment into America that has been promised, and so much of that is going to lead to good paying manufacturing jobs, jobs with benefits, and that we’re seeing that already across the state of Kansas.
    “These last two weeks, I was very purposeful visiting several of our manufacturing companies, probably a dozen of them… each one was describing the increase in sales that they’re having, a big increase in the number of products that are wanted in the future. Why? Because they’re American-made, because they’re using American steel and American aluminum. And I think that that’s what we can do with this Trump economy, is that his tariffs are bringing those manufacturing jobs back to this country, and indeed, they’re great jobs.”
    On the Dow Jones Industrial Average:
    “You know, much has been made about the stock market the last week or two. But I think that this, this chart of the Dow Jones Industrial Average over the past 100 years, is another sign of American greatness. 
    “You know, there’s been days which aren’t as good, but the trend here is what? It’s upward. And you look at just the last several days, the last week here, there’s a small little blip here, a very small blip, but in relationship to what? I would remind Americans that the Dow today is up 5% compared to a year ago, the NASDAQ is up almost 10% compared to a year ago. The trend is the right way. And I don’t know about you, but I’m betting on America. 
    “We’ve had five days in a row now the Dow Jones increasing in value – that’s the longest winning streak we’ve seen in almost a year. And who knows, maybe today will be the sixth day where we’ve seen the Dow go up as well. But to me, this stock market, is another example of American greatness, and I wouldn’t bet against us.”
    On the American Dream being alive and well:
    “My belief is that President Trump has declared the apology tour is over with – that we’re boldly putting America and Americans first. Gone is the despair of the Biden era. Today, families are safer, life is more affordable, and traditional family values are now thriving.
    “Young Americans now have a renewed hope that they can chase their own American dream. That dream was gone the last four or five years, but today, the American dream is alive and well. What’s that American dream look like? Raising a family, owning a home, and building a brighter future. And I think a lot of this is due to President Trump’s leadership, because he’s delivering strength, prosperity, and opportunity to Americans. Again, 100 days, promises made, promises kept.”

    MIL OSI USA News

  • MIL-OSI USA: Senator Coons condemns President Trump’s disastrous first 100 days in speech on Senate floor

    US Senate News:

    Source: United States Senator for Delaware Christopher Coons
    WASHINGTON – U.S. Senator Chris Coons (D-Del.) delivered a floor speech tonight criticizing President Donald Trump’s first 100 days in office, describing a period marked by weakened global alliances, harsh cuts to foreign aid, and an overhaul of key federal agencies. 
    Today marks the 100th day of President Trump’s second term, and Senator Coons’ early review of his presidency is that he has made Americans less prosperous and less secure, both at home and abroad. Trump has disrupted long-standing diplomatic relationships and global partnerships by recklessly imposing tariffs on nearly every country and asserting that he will take over Canada, Greenland, and the Panama Canal. Our closest allies and partners have responded with unease and outright resistance. In his speech, Senator Coons remarked on Prime Minister Mark Carney’s victory in Canada’s national election yesterday, an outcome viewed as a rejection of Trump’s policies. 
    He also expressed concern over the administration’s dismantling of foreign aid and health programs, warning that it makes Americans less safe and creates an opportunity for our adversaries like China. Additionally, Senator Coons highlighted his visit to Taiwan this month to bolster U.S.-Taiwan relations and stand against China’s attempts to limit Taiwan’s role on the global stage. 
    Senator Coons also called for Congress to reassert its constitutional responsibilities as Trump pushes the boundaries of executive power. 
    A video and transcript of Senator Coons’ comments are available below.
    WATCH HERE
    Senator Coons: In a hundred days – in a hundred days – what can a president accomplish?
    The last hundred days, President Trump has made Americans less safe, less prosperous, and less free.
    He has chosen to move us in a direction at home and abroad that is the opposite of what those who voted for him expected, and that is aligned with what those of us who worked against him feared. 
    What I’ve heard my whole life, whether in business or in foreign policy, as a lawyer or in my community as a local elected official – folks need trust, and they need predictability. Businesses say they need predictability in order to decide what to invest in, who to hire, where to grow. Other countries around the world say that they need to know they can trust us, that they can rely on us. And in the last hundred days, President Trump has shattered both of them. I’m going to speak for a few minutes about foreign policy because so many of my colleagues in my caucus have stood to talk about the disastrous cuts led by Elon Musk and DOGE, and the ways they’ve impacted Americans all over the country. 
    But if you think about our reputation globally –statement after statement, tweet after tweet by President Trump has puzzled, concerned, even alarmed our allies. He’s going to invade Greenland, a NATO ally. He’s going to take back the Panama Canal. He’s going to take over the Gaza Strip and make it ‘Mar-a-Gaza.’ He’s going to turn Canada into the 51st State. One of my Republican colleagues said, ‘don’t pay so much attention to what he says, look what he does.’ Well, lots of our partners and allies looked at what he has done by imposing tariffs on allies and partners, and recoiled. 
    In an election in Canada last night, where Trump was the issue, [they] elected a new prime minister, Mark Carney, who ran on a platform of standing up to America, of standing up to Donald Trump. Look, folks, the actions he’s taken, in slashing foreign aid, in abandoning decades-old bipartisan programs around the world that save lives, and that help other countries to trust and rely on us, have weakened us abroad and created openings for our pacing threat – the People’s Republic of China. I was recently in the Philippines, a nation that faces more natural disasters than any country on Earth – more typhoons, more earthquakes, more volcanoes. And for decades, they’ve relied on the United States and the help of USAID, volunteers, nonprofits – coordinated through our government – to respond to these disasters. It has built a long and close partnership of trust. Gone. 
    I was recently in Taiwan, a country looking to decide whether they can rely on us should China make real their threats to reunite Taiwan with the mainland by force. Can they trust us? Well, what I’m going to say is that in a hundred days, President Trump has shown weakness in Europe and created openings for China. We have long relied on a global network of allies and partners to keep us safe and strong, to make us prosperous, and to build our role in the world. China doesn’t have that. They have nervous neighbors and client states, countries that can’t count on them and view them as predatory. Yet, now through the actions of President Trump, Elon Musk and DOGE, and the silence and collaboration of Republicans in this chamber, even our closest, most trusted allies, like Canada, question whether they can count on us. 
    Back to the Reagan days, Republicans have talked about ‘peace through strength.’ What we’ve seen from Donald Trump in a hundred days: ‘weakness through chaos.’ A hundred days in, he’s not stopping Putin, he’s preparing to sell out Ukraine and Europe to Putin. A hundred days in, he’s not deterring Xi Jinping––he’s backing down every time he says he’s going to stand up to him. At the end of the day, these first hundred days have shown that we are weaker. The world is less stable. Americans are less safe.
    And I have to say, Madam President, a hundred days is more than enough time for my Republican colleagues to have seen enough, to stand up to this president, and to restore the role of this Senate and return our position of strength to the world. Thank you. 

    MIL OSI USA News

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for April 30, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on April 30, 2025.

    Locked up for life? Unpacking South Australia’s new child sex crime laws
    Source: The Conversation (Au and NZ) – By Xanthe Mallett, Criminologist, CQUniversity Australia Melnikov Dmitriy/Shutterstock It’s election time, which means the age old “tough on crime” rhetoric is being heralded by many politicians aiming to score votes. Opposition leader Peter Dutton is pushing for a national public sex offender register. Currently only Western Australia has

    Why do dogs eat poo? A canine scientist explains
    Source: The Conversation (Au and NZ) – By Mia Cobb, Research Fellow, Animal Welfare Science Centre, The University of Melbourne nygi/Unsplash When miniature dachshund Valerie was captured after 529 days alone in the wilds of Australia’s Kangaroo Island, experts speculated she survived partly by eating other animals’ poo. While this survival tactic may have saved

    On ‘moral panic’ and the courage to speak – the West’s silence on Gaza
    Palestinians do not have the luxury to allow Western moral panic to have its say or impact. Not caving in to this panic is one small, but important, step in building a global Palestine network that is urgently needed, writes Dr Ilan Pappé ANALYSIS: By Ilan Pappé Responses in the Western world to the genocide

    Sick of eating the same things? 5 ways to boost your nutrition and keep meals interesting and healthy
    Source: The Conversation (Au and NZ) – By Clare Collins, Laureate Professor in Nutrition and Dietetics, University of Newcastle Loquellano/Pexels Did you start 2025 with a promise to eat better but didn’t quite get there? Or maybe you want to branch out from making the same meal every week or the same lunch for work

    Peace in our time? Why NZ should resist Trump’s one-sided plan for Ukraine
    Source: The Conversation (Au and NZ) – By Robert G. Patman, Professor of International Relations, University of Otago GettyImages Getty Images Is it possible to reconcile increased international support for Ukraine with Donald Trump’s plan to end the war? At their recent meeting in London, Christopher Luxon and his British counterpart Keir Starmer seemed to

    ‘A living collective’: study shows trees synchronise electrical signals during a solar eclipse
    Source: The Conversation (Au and NZ) – By Monica Gagliano, Research Associate Professor in Evolutionary Biology, Southern Cross University Zenit Arti Audiovisive Earth’s cycles of light and dark profoundly affect billions of organisms. Events such as solar eclipses are known to bring about marked shifts in animals, but do they have the same effect on

    Greenpeace slams deep sea mining bid as ‘rogue’ disregard for global law
    By Reza Azam Greenpeace has condemned an announcement by The Metals Company to submit the first application to commercially mine the seabed. “The first application to commercially mine the seabed will be remembered as an act of total disregard for international law and scientific consensus,” said Greenpeace International senior campaigner Louisa Casson. “This unilateral US

    State of the states: the campaign is almost over, so how has it played out across Australia?
    Source: The Conversation (Au and NZ) – By David Clune, Honorary Associate, Government and International Relations, University of Sydney While many Australians have already voted at pre-poll stations and by post, the politicking continues right up until May 3. So what’s happened across the country over the past five weeks? Here, six experts analyse how

    ‘No compassion… just blame’: how weight stigma in maternity care harms larger-bodied women and their babies
    Source: The Conversation (Au and NZ) – By Briony Hill, Deputy Head, Health and Social Care Unit and Senior Research Fellow, Monash University Kate Cashin Photography According to a study from the United States, women experience weight stigma in maternity care at almost every visit. We expect this experience to be similar in Australia, where

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    Source: The Conversation (Au and NZ) – By Magnus Söderberg, Professor & Director, Centre for Applied Energy Economics and Policy Research, Griffith University Christie Cooper/Shutterstock In an otherwise unremarkable election campaign, the major parties are promising sharply different energy blueprints for Australia. Labor is pitching a high-renewables future powered largely by wind, solar, hydroelectricity and

    Trump says diversity initiatives undermine merit. Decades of research show this is flawed
    Source: The Conversation (Au and NZ) – By Paula McDonald, Professor of Work and Organisation, Queensland University of Technology Pixel-Shot/Shutterstock US President Donald Trump declared earlier this year he would forge a “colour blind and merit-based society”. His executive order was part of a broader policy directing the US military, federal agencies and other public

    Housing affordability is at the centre of this election, yet two major reforms seem all but off-limits
    Source: The Conversation (Au and NZ) – By Matt Garrow, Editorial Web Developer This federal election, both major parties have offered a “grab bag” of policy fixes for Australia’s stubborn housing affordability crisis. But there are still two big policy elephants in the room, which neither side wants to touch. The first is negative gearing.

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    Source: The Conversation (Au and NZ) – By Scarlette Nhi Do, Sessional Academic, The University of Melbourne Scene from Apocalypse Now (1979) Prime Video The Vietnam War (1955–1975) was more than just a chapter in the Cold War. For some, it was supposed to achieve Vietnam’s right to self-determination. For others, it was an attempt

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    Source: The Conversation (Au and NZ) – By Dennis Wesselbaum, Associate Professor, Department of Economics, University of Otago Hagen Hopkins/Getty Images Finance Minister Nicola Willis has warned her 2025 “Growth Budget” will be “one of the tightest budgets in a decade”, with plans to reduce spending by billions. It’s clear New Zealand is following a

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    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Labor will be encouraged by the Liberals’ victory in Canada’s election, undoubtedly much helped by US President Donald Trump. Trump’s extraordinary attack on the United States’ northern ally, with his repeated suggestion Canada should be the 51st American state, galvanised

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    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Markey, Huffman, Fitzpatrick Reintroduce Bipartisan Legislation to Protect the Arctic Refuge

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey
    Washington (April 29, 2025) – Senator Edward J. Markey (D-Mass.), a member of the Senate Environment and Public Works Committee, and House Natural Resources Committee Ranking Member Jared Huffman (D-Calif.), Senators Maria Cantwell (D-Wash.), Michael Bennet (D-Colo.) and Representative Brian Fitzpatrick (R-Penn.), today reintroduced the Arctic Refuge Protection Act, legislation that will restore critical protections to the Arctic National Wildlife Refuge—the nation’s largest national wildlife refuge—by designating the Coastal Plain ecosystem as wilderness under the National Wilderness Preservation System. This legislation would permanently halt any new oil and gas leasing, exploration, development, and drilling on the Coastal Plain, and would safeguard the subsistence rights of the Arctic Indigenous Peoples who depend upon the Arctic Refuge.
    “Trump’s reopening of the Arctic National Wildlife Refuge to oil and gas is another attempt to revive his old and failed promise of a fictional financial windfall from leasing the Refuge—all to pay for tax breaks for billionaires. The urgency to protect the wilderness of the Coastal Plain and the Refuge more broadly and reaffirm the sovereignty of Arctic Indigenous peoples is paramount—my Arctic Refuge Protection Act would do just that,” said Senator Markey. “We must put a law on the books to affirm these lands are not for sale and defend the Arctic landscape—a sacred home for Indigenous peoples, including the Gwich’in and Inupait—from Trump’s disastrous business plan.”
    “What we choose to protect says everything about who we are. The Arctic National Wildlife Refuge is too special to destroy, and we have a responsibility to keep it that way,” said Ranking Member Huffman. “The Refuge is one of the last truly wild places left on the planet — home to caribou herds, polar bears, migratory birds, and breathtaking landscapes. But it’s more than that. It’s about standing with the Gwich’in people, who’ve spent generations protecting this land, living with the caribou herds, and preserving a way of life that predates the fossil fuel industry by thousands of years and continues to this day. Now, President Trump wants to turn the Arctic Refuge into a corporate cash grab, a place where oil companies could frack up the tundra while trampling tribal sovereignty and leaving Americans with nothing but spills and broken promises. This land belongs to the American people and to the Gwich’in, not to Big Oil.”
    “Protecting the Arctic Refuge is not only an environmental imperative—it’s a strategic one. This land holds immense ecological value, cultural significance, and climate importance. Reckless development would endanger wildlife, violate Indigenous rights, and yield little economic return. As Co-Chair of the World Wildlife, Oceanic, Environmental and Biodiversity Caucus, I’m proud to support this legislation to protect one of America’s last wild frontiers—because conservation is not a cost, it’s a long-term investment in our security, economy, and planet,” said Representative Fitzpatrick.
    “The Arctic National Wildlife Refuge is a pristine, million-year-old ecosystem unlike anything else we have in the United States, which is why it should be permanently protected,” said Senator Cantwell. “The future of the Arctic is in tourism, and with new sea routes opening up the real value of this land is conservation, not exploitation.”
    “The Arctic National Wildlife Refuge is one of our country’s most unique and beautiful areas of land. We must work with our indigenous communities to protect our wildlife, and the environment put at risk by oil and gas development in this spectacular refuge. Rather than catering to the interests of the oil companies, we must focus our efforts on diversifying our energy sources with renewable energy and prevent further harm to the environment,” said Senator Schiff.
    “We commend our congressional champions for taking a stand to protect one of America’s last great wild places. The Arctic National Wildlife Refuge’s Coastal Plain is not only a sanctuary for wildlife—it is sacred land for the Gwich’in and a symbol of our nation’s commitment to conservation. Selling off this land for oil and gas is not only destructive, it’s bad economics. The last Arctic Refuge lease sale was a failure, proving there is no real demand—only a handout to billion-dollar corporations at the expense of taxpayers. This legislation is a crucial step in permanently protecting this irreplaceable landscape from exploitation. Now, more than ever, Congress must prioritize our public lands and Indigenous rights by restoring protections to the Arctic Refuge and ensuring this land remains unexploited for generations to come,” said Kristen Miller, Executive Director, Alaska Wilderness League.
    “We applaud the leadership of Sen. Markey and Reps. Huffman and Fitzpatrick for reintroducing the Arctic Refuge Protection Act,” said Mary Glaves, Alaska Coordinator for Backcountry Hunters & Anglers. “For hunters and anglers, the 1.5-million-acre coastal plain is the birth place of wild pursuits of caribou, waterfowl, and iconic fish species including Dolly Varden and Arctic Char. The abysmal interest in both the 2020 and 2025 lease sales demonstrates the bad economics of drilling in the Arctic Refuge. The wetlands and rivers weave together one of the last truly wild landscapes that are essential for the North American heritage of hunting and fishing and subsistence for local Alaskan communities. The Arctic Refuge is a national treasure that should be protected as such through a wilderness designation.”
    “The Arctic Refuge is no place for drilling. It is a sanctuary for caribou, musk oxen, polar bears, wolves, and other wildlife. The Arctic Refuge Protection Act is a clear acknowledgment of that fact. Even the biggest players in the oil industry recognized that drilling in the Refuge was an absurd proposition when they failed to show up for recent lease sales,” said Alexandra Adams, Chief Policy Advocacy Officer at NRDC. “This bill would end an ongoing threat to this treasured place by forever barring industrialization of the Refuge.”
    Background
    The Arctic Refuge is one of the last truly wild places left in America. The Coastal Plain is the calving ground of the Porcupine caribou herd, the source of the Indigenous Gwich’in people’s way of life and subsistence for generations. It also provides a critical denning habitat for threatened Southern Beaufort Sea populations of polar bears. Oil and gas exploration, seismic testing, and all of the infrastructure that comes with oil drilling – from roads to pipelines to pumpjacks – would threaten polar bears in their dens, disrupt caribou and bird migration patterns, and result in significant and irreversible harm to the unique Arctic Refuge habitat and the Indigenous communities who depend on it.
    For the Gwich’in people, who refer to the Coastal Plain as “Iizhik Gwats’an Gwandaii Goodlit” or the Sacred Place Where Life Begins, this land is more than wildlife habitat. It is cultural identity, food security, and a foundation for traditions that span millennia into the current day. The caribou herd is central to their traditions and survival, and industrial development in the region threatens not just an ecosystem, but an entire way of life. The Gwich’in, which span across Alaska and Canada, have been united in their opposition to drilling in the Refuge for decades and have called on the federal government to uphold its trust responsibilities and protect these lands permanently.
    Developing the Refuge’s unproven oil and gas reserves would also pose a serious danger to the climate, locking in decades of emissions in a region already warming four times faster than the global average.
    For decades, the Refuge’s coastal plain has been targeted for highly speculative oil and gas drilling. In 2017, the Tax Cuts and Jobs Act established an oil and gas leasing program along with a requirement that the Department of the Interior conduct two lease sales in the coastal plain before the end of 2024. According to the Congressional Budget Office’s estimate at the time, these lease sales would result in $1.82 billion in revenue over 10 years. Seven years later, those projections have proven wildly inaccurate.
    The first lease sale brought in only $14.4 million in bids on 11 tracts, a far cry from the nearly $2 billion in estimated revenue. Major oil companies didn’t participate in the sale, and most major financial institutions have pledged not to finance drilling there. The most recent lease sale in January of this year generated no interest. Despite the lack of interest or activity, the risk of development and drilling in the Arctic Refuge remains.
    On his first day in office, President Trump restarted the Coastal Plain Oil and Gas Leasing Program and reinstated seven leases from the state development corporation, which were previously canceled by the Biden administration. Congressional Republicans may once again use oil and gas leasing to pay for tax cuts for billionaires, despite its catastrophic failure to raise revenue in 2017.
    The Senate bill is cosponsored by Senators Ron Wyden (D-Ore.), Jeff Merkley (D-Ore.), Tammy Baldwin (D-Wisc.), Patty Murray (D-Wash.), Alex Padilla (D-Calif.), Chris Van Hollen (D-Md.), Adam Schiff (D-Calif.), Jeanne Shaheen (D-N.H.), Dick Durbin (D-Ill.), Bernie Sanders (I-Vt.), Richard Blumenthal (D-Conn.), Sheldon Whitehouse (D-R.I.), Tina Smith (D-Minn.), Ben Ray Lujan (D-N.M.), Gary Peters (D-Mich.), and Elizabeth Warren (D-Mass.).
    The House bill is cosponsored by Representatives Suzanne Bonamici (D-Ore.), Sydney Kamlager-Dove (D-Calif.), Sharice Davids (D-Kan.), Mary Gay Scanlon (D-Pa.), Hank Johnson (D-Ga.), Kevin Mullin (D-Calif.), Bill Foster (D-Ill.), Jamie Raskin (D-Md.), Ro Khanna (D-Calif.), Jared Moskowitz (D-Fla.), Pramila Jayapal (D-Wash.), Salud Carbajal (D-Calif.), Joe Neguse (D-Colo.), Val Hoyle (D-Ore.), Brad Schneider (D-Ill.), Linda Sánchez (D-Calif.), Juan Vargas (D-Calif.), Raja Krishnamoorthi (D-Ill.), Madeline Dean (D-Pa.), Jan Schakowsky (D-Ill.), Lucy McBath (D-Ga.), Dwight Evans (D-Pa.), Nydia Velázquez (D-N.Y.), André Carson (D-Ind.), Andrea Salinas (D-Ore.), Jerrold Nadler (D-N.Y.), Sara Jacobs (D-Calif.), Betty McCollum (D-Minn.), Darren Soto (D-Fla.), Jake Auchincloss (D-Mass.), Delia Ramirez (D-Ill.), Maxine Waters (D-Calif.), Johnny Olszewski (D-Md.), Sarah Elfreth (D-Md.), Jill Tokuda (D-Hawaii), Angie Craig (D-Minn.), Ilhan Omar (D-Minn.), Mark Takano (D-Calif.), Danny Davis (D-Ill.), Raul Ruiz (D-Calif.), Lori Trahan (D-Mass.), Doris Matsui (D-Calif.), Kim Schrier (D-Wash.), Gerry Connolly (D-Va.), Maxwell Frost (D-Fla.), Sean Casten (D-Ill.), Yassamin Ansari (D-Ariz.), Maxine Dexter (D-Ore.), Kelly Morrison (D-Minn.), George Latimer (D-N.Y.), Gabe Amo (D-R.I.), Steve Cohen (D-Tenn.), Rob Menendez (D-N.J.), Jesús “Chuy” García (D-Ill.), Bobby Scott (D-Va.), Grace Meng (D-N.Y.), Suzan DelBene (D-Wash.), Sarah McBride (D-Del.), Summer Lee (D-Pa.), Emily Randall (D-Wash.), Dave Min (D-Calif.), Gil Cisneros (D-Calif.), Adam Smith (D-Wash.), Rick Larsen (D-Wash.), Ted Lieu (D-Calif.), Judy Chu (D-Calif.), Chellie Pingree (D-Maine), Ed Case (D-Hawaii), James McGovern (D-Mass.), Brendan Boyle (D-Pa.), Nanette Barragán (D-Calif.), Becca Balint (D-Vt.), Mike Levin (D-Calif.), Gabe Vasquez (D-N.M.), and Bonnie Watson Coleman (D-N.J.).
    The bill was endorsed by National Audubon Society, Gwich’in Steering Committee, Alaska Wilderness League, Trustees for Alaska, The Wilderness Society, League of Conservation Voters, Defenders of Wildlife, National Wildlife Refuge Association, Backcountry Hunters & Anglers, World Wildlife Fund, Earthjustice, Natural Resources Defense Council, and Environment America.

    MIL OSI USA News

  • MIL-OSI USA: VIDEO: Cornyn Praises New Water Treaty Agreement with Mexico

    US Senate News:

    Source: United States Senator for Texas John Cornyn
    WASHINGTON – Today on the floor, U.S. Senator John Cornyn (R-TX) praised Agriculture Secretary Brooke Rollins and Deputy Secretary of State Christopher Landau’s successful efforts to broker a new agreement on the Treaty Relating to the Utilization of Waters of the Colorado and Tijuana Rivers and of the Rio Grande that secures water for farmers and ranchers in Texas. Excerpts of Sen. Cornyn’s remarks are below, and video can be found here.
    “I want to start my remarks today by thanking President Trump, Secretary Rollins, Secretary Rubio, and Deputy Secretary of State Landau for their efforts in securing a new agreement with the country of Mexico to send much-needed water to South Texas.”
    “This has been a long-standing problem.”
    “Their habit has been to delay the delivery of that water until the end of the five-year period of the treaty.”
    “In the interim, Mexican farmers have the water they need to grow the crops they need to grow and leave Texas agriculture high and dry.” 
    “I remember talking to Secretary Blinken and introducing legislation, talking to my colleagues across the aisle about coming with up some carrots and sticks that we might be able use to get Mexico to live up to its responsibilities, but the Biden administration wasn’t particularly interested in solving the problem.”
    “I’ve been working here in the Congress, as have my colleagues both in the Senate and the House, particularly our Texas delegation in the House of Representatives, to get them to live up to their responsibilities.”
    “We’ve come to realize that the current treaty, which was signed back in 1944, has become obsolete – that we need some interim measures and metrics to ensure that there are regular annual water deliveries for Texas and our agricultural industry.”
    “Yesterday’s announcement was an important step toward to doing just that.”
    “I thank the President, the Secretary of Agriculture, the Deputy Secretary of State, and the Secretary of State for their efforts to secure this important and long overdue payment of water to South Texas.” 

    MIL OSI USA News

  • MIL-OSI USA: At Senate Hearing, Murray Highlights Lack of Transparency and Stonewalling at VA, Efforts to Address MST, and Need for Practical Telework Policies in Health Care Settings

    US Senate News:

    Source: United States Senator for Washington State Patty Murray
    Senator Murray: “I hope that Secretary Collins—who says he’s running the most transparent VA in history—decides that VA can be transparent enough to let a senator hold a discussion about VA healthcare onsite at the local VA, as I have done for over 30 years and I know other members have as well.”
    ICYMI: After Trump Admin Refuses to Allow VA to Host Discussion on Women Veterans’ Health Care, Senator Murray Meets with Women Veterans and Advocates In Seattle
    ICYMI: At Senate Hearing, Senator Murray Highlights Devastating Cuts to VA Workforce, and Presses Nominees on Willingness to Comply with the Law
    *** VIDEO of Senator Murray’s Remarks and Questioning HERE***
    Washington, D.C. — Today, at a Senate Veterans’ Affairs Committee hearing to address veterans’ mental health, U.S. Senator Patty Murray (D-WA), a senior member and former Chair of the Senate Veterans’ Committee, questioned Dr. Thomas O’Toole, Acting Assistant Undersecretary for Health and Clinical Services at Veterans Health Administration, on the importance of transparency and communication between veterans and VA after the Trump administration recently prohibited VA Puget Sound from either hosting or participating in a roundtable with Senator Murray and local Seattle area veterans on women’s health. Senator Murray also questioned how the Trump administration’s mass firings might undermine care for veterans who have dealt with sexual trauma and also raised the administration’s return to office policy and its disruptive impact on patients and providers.
    Senator Murray began by emphasizing the importance of hearing directly from the VA and VA providers to improve mental health care outreach and noted that last week, VA Puget Sound was denied the ability to host and participate in a roundtable discussion with Senator Murray in Seattle, asking O’Toole, “Can you explain why having both the VA and veterans together is important for a robust conversation?”
    O’Toole responded, “Thank you Senator, and I appreciate it. I’m not familiar with the situation you’re describing, so unfortunately, I can’t comment to that, and to the specifics or to the approval, or lack of. But absolutely we are informed by our veterans, it helps us be a better agency and a better organization, and it’s something we try to encourage in as many capacities as we can.”
    Murray pressed, “Well do you know if the new policy that prevents elected officials from meeting with veterans at VA facilities comes from within VHA or does it come from political leadership at VA Central Office?”
    “I would have to defer to our leadership in terms of describing it better than I can myself,” O’Toole replied.
    Murray said, “Ok, well Mr. Chairman this is really important and I hope that Secretary Collins—who says he’s running the most transparent VA in history—decides that VA can be transparent enough to let a senator hold a discussion about VA healthcare onsite at the local VA, as I have done for over 30 years and I know other members have as well. So, I am not done with this topic.”
    Murray addressed the fact that women are more likely to seek care through VA, and also more likely to be dealing with depression, anxiety, or sexual trauma. In 2022, suicide rates for women veterans with histories with sexual trauma were 75 percent higher than those without. Murray stressed getting in touch with these veterans can literally mean the difference between life and death, and said, “However, in February, President Trump and Musk fired more than 2,400 VA employees, including dedicated health professionals who staff the phones at VA’s veteran crisis line.”
    “What steps is VA taking now to reach survivors of military sexual trauma?” Murray asked O’Toole.
    O’Toole replied, “Thank you Senator. Well, first in relation to the veteran crisis line—that decision was reversed, and we have actually seen a net increase in staff working in the veteran crisis line, and I’m happy to report that outcome. The outreach and specifically efforts for women who are victims of military sexual trauma has been incorporated into our reach vet, and reach vet algorithm, so that we are specifically identifying and engaging those women to make sure that we are providing better care. I’d like to defer to Mr. Fisher who can also speak specifically to some of the efforts at the veteran resource centers as well.”
    Mr. Fischer added, “Thank you Senator for the question, so vet centers have historically gone out and reached out to any veteran cohort and servicemember cohort that’s eligible for vet center services. That includes women veterans, that includes individuals who experience military sexual trauma. We’ve continued to do this since the change of the administration. Our outreach staff, as well as our counseling staff at vet centers are exempted from any hiring freeze. And what we can say specific to women veterans is that every year we see increases in the number of women veterans that are coming into vet centers. We also see high trust scores with women veterans who receive vet center services. Last year was at 93%.”
    Murray continued by pressing, “I don’t see how 80,000 employees being removed will help the VA provide services.”
    Murray pivoted to how remote work agreements have allowed VA to hire more mental health providers to treat disabled, rural, and geriatric veterans who have difficulty travelling to VA hospitals for in-person appointments. Now, VA providers are being required to work in-person, Murray said, “Those providers have been working remotely since before the pandemic and now, instead of being able to take video calls in private offices, they’re speaking with veteran patients in open floor spaces where there is no privacy. This is a violation of veterans’ privacy, it’s a violation of HIPAA, it is leading doctors and counselors to look elsewhere for work. I am almost out of time, I just want to say that the elimination of telework agreements is really affecting our veterans access to mental healthcare, and we need to have a further conversation with you about how we can fix that.”
    Senator Murray was the first woman to join the Senate Veterans’ Affairs Committee and the first woman to chair the Committee—as the daughter of a World War II veteran, supporting veterans and their families has always been an important priority for her. Senator Murray has been a leading voice in the Senate speaking out forcefully against President Trump and Elon Musk’s mass firing of VA employees and VA researchers across the country and Elon Musk and DOGE’s infiltration of the VA, including accessing veterans’ sensitive personal information. In recent weeks, Senator Murray and her colleagues sent letters to VA Secretary Doug Collins demanding that the VA swiftly reverse moves to cut VA researchers, as well as multiple letters pressing Secretary Collins to sever Elon Musk and DOGE’s access to any VA or other government system with information about veterans, and protect veterans, their families, and VA staff from unprecedented access to sensitive information. Senator Murray grilled Trump’s nominee for VA Deputy Secretary, Dr. Paul Lawrence, on the mass firings of VA employees and VA researchers, and voted against Doug Collins’s nomination to be VA Secretary in early February, sounding the alarm over reports of DOGE at the VA and making clear that the Trump administration’s lawlessness was putting our national security and our veterans at risk.

    MIL OSI USA News

  • MIL-OSI USA: In Response to Questioning by Sen. Murray, Top Watchdog Says It’s Opened 39 Impoundment Investigations

    US Senate News:

    Source: United States Senator for Washington State Patty Murray
    At hearing on FY26 budget requests for GAO, CBO, GPO, Murray asks about Trump impoundment investigations, Republicans’ reconciliation bill
    GAO Comptroller General says OMB has not been cooperative
    ***WATCH: Senator Murray’s questioning***
    Washington, D.C. — Today—at a Senate Appropriations Legislative Branch Subcommittee hearing to review the FY26 budget requests for the Government Accountability Office, Congressional Budget Office, and the Government Publishing Office—U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, asked Gene L. Dodaro, Comptroller General of the Government Accountability Office (GAO) about the status of the agency’s work investigating this administration’s impoundment of funding approved by Congress.
    [IMPOUNDMENT INVESTIGATIONS]
    Senator Murray stated: “You know, from day one, President Trump has unilaterally frozen or contravened critical funding provided in our bipartisan laws. Those actions by Trump and Russ Vought have really wreaked havoc for families and communities across the country. That is really not what the Constitution envisioned. Congress has the power of the purse—period. Our Presidents cannot pick and choose which parts of a law that they can follow.”
    She then asked Mr. Dorado, “You have testified that GAO is investigating the Trump Administration’s efforts to block federal funds as potential violations of the Impoundment Control Act. What is the status of those investigations?”
    Dorado replied: “We have right now 39 different investigations underway. We’re trying to get the information from the agencies about what their legal position is for not expending the money. I’m looking forward to what I understand to be a submission by the administration as a recission package, which would fall in the Impoundment Control Act, so we’ll look at that. We’re monitoring all the litigation surrounding these areas that we’re investigating in. Only three agencies, so far have given us the information that we need. OMB has not been responsive, nor EPA. A number of other agencies are due to get us information this week or next week. So, I would imagine starting next month after we look to see what is in the recission package.” (Dodaro later clarified in response to a separate question that only two agencies have been responsive.)
    “Next month as in May?” Senator Murray inquired.
    Dorado responded in part: “Yes. …. They won’t all come at once. They’ll come as we collect and analyze all the information.”
    “What options do you have if you don’t get timely, responsive information from the federal agencies?” Senator Murray followed up.
    “Well, we’ll have to make decisions on our own based upon the available information. Some of it will be in the lawsuit filings that we’re following right now—and then we’ll have to go forward doing this,” Dorado responded, in part.
    [REPUBLICANS RECONCILIATION BILL + MEDICAID CUTS]
    Senator Murray then discussed Republicans’ reconciliation package, stating: “Republicans are, as you know, moving full speed ahead with the reconciliation package, promising to deliver more than $5.3 trillion in new tax breaks for billionaires and large corporations. And at the same time, some Republicans have promised that Medicaid – which is a lifeline for our kids and seniors – is safe. But the reality is: Republicans can’t keep both these promises.”
    She asked Dr. Phillip Swagel, Director of the Congressional Budget Office (CBO), about how the math works out, “The Republican reconciliation instructions direct $880 billion in cuts within the House Energy and Commerce Committee, which has jurisdiction over Medicaid and the Children’s Health Insurance Program, or CHIP,” said Senator Murray. “You responded to a question from House Ranking Member Brendan Boyle and Frank Pallone in March regarding spending within the House Energy and Commerce Committee’s jurisdiction, excluding Medicare—which Republicans say is off the table. In your response, you said over 10 years, Medicaid outlays will account for 93% of baseline budget projections for Energy and Commerce, is that correct?”
    “Yes, that is correct,” said Swagel.
    “And if you add in CHIP, is it fair to say you are now talking north of 95%?” Murray followed up.
    Swagel confirmed, “That’s right. Once you take out Medicaid and CHIP there is only $381 billion still in the current baseline.”
    Senator Murray reiterated: “So looking at table 1 in that March 5th letter, is it fair to say the remainder is nowhere close to that $880 billion?”
    “That’s correct in the letter that we sent to Mr. Boyle and Mr. Pallone, the dollars after Medicare, Medicare, and CHIP are much smaller than the instruction.” Swagel responded.
    “Okay, so for the record, I just want to say it would appear to me to be impossible for Energy and Commerce – the committee with jurisdiction– to reach the spending cuts required under the Republican reconciliation instructions without cutting Medicaid, or putting Medicare back on the table,” Murray concluded.

    MIL OSI USA News

  • MIL-OSI: Orca Energy Group Inc. Announces 2024 Year End Audited Financial Results

    Source: GlobeNewswire (MIL-OSI)

    TORTOLA, British Virgin Islands, April 29, 2025 (GLOBE NEWSWIRE) —  Orca Energy Group Inc. (“Orca” or “the Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) today announced its audited financial results for the fourth quarter (“Q4 2024“) and year ended December 31, 2024. All dollar amounts are in United States dollars unless otherwise stated.

    • Revenue increased by 51% for Q4 2024 and by 1% for the year ended December 31, 2024 compared to the same prior year periods. Certain volumes were supplied as Protected Gas (defined below) prior to July 31, 2024. After the termination of Protected Gas after July 31, 2024, those volumes were instead supplied as Additional Gas (defined below). These volumes, which were delivered to Songas Limited (“Songas“) in August, September and October 2024 and for which the Company did not receive compensation, have not been recognized in revenue in 2024. These unrecognized gross revenues include 80.5% of sales to Songas in the amount of $6.2 million.
    • On October 30, 2024, PanAfrican Energy Tanzania Limited (“PAET”), a wholly-owned subsidiary of the Company, was advised by Songas that the Interim Power Purchase Agreement (“PPA”) between Tanzania Electric Supply Company Limited (“TANESCO“) and Songas would expire on October 31, 2024, and that it was unknown if a new PPA would be entered into. At midnight on October 31, 2024 Songas shut down the Songas Power Plant. In the event that a new PPA is not entered into, there is a possibility that the Songas Power Plant will be shut down indefinitely. To date the Songas Power Plant remains shutdown. This has adversely impacted demand for production volumes from the Songo Songo gas field.
    • Gas delivered and sold decreased by 3% for Q4 2024 and by 15% for the year ended December 31, 2024 compared to the same prior year periods. During 2024, Tanzania’s Julius Nyerere Hydropower Project (“JNHPP”) commenced commercial operations, with progressive commissioning of 5 turbines allowing peak output of over 700 MW. Combined with the early onset of the wet season and rainfall well above seasonal averages for the period, hydro power generation and the Songas Power Plant shutdown have been the primary factors in reduced gas liftings for the power sector.
    • On April 14, 2023, PAET formally requested Tanzanian Petroleum Development Corporation (“TPDC“) apply for an extension of the Songo Songo Development License (the “License”). TPDC is contractually required to make this application promptly upon a request by the Company. There are currently no certainties on the timing, nature and extent of any such extensions. Until such extension has been finalized, a high degree of uncertainty exists with respect to the extent of the Company’s operating activities subsequent to October 2026, when the License is set to expire. In November 2024, TPDC submitted the application for the extension of the License to the Ministry of Energy (MoE), however, being uneconomical, the Company informed TPDC that it did not agree with the terms as submitted. Having declined to address PAET’s concerns itself, TPDC has refused to rescind and resubmit the application and has advised PAET to raise any issues directly to the MoE. Our Counsel subsequently submitted a letter to the MoE, requesting a meeting to address the issues, to date we haven’t had a response.
    • On April 15, 2024, contrary to the terms of the Gas Agreement and Production Sharing Agreement (the “PSA”) and in violation of Pan African Energy Corporation (Mauritius) (“PAEM”) and PAET’s expectations, the Permanent Secretary of MoE wrote to TPDC, copying PAET and Songas, directing TPDC to “ensure that Protected Gas continues to be produced to the end of the Development Licence on 10th October 2026”. Consistent with that instruction, TPDC took the position that Protected Gas should continue despite the parties’ contractual agreement that Protected Gas ceased after July 31, 2024.
    • PAET, TPDC and Tanzania Portland Cement PLC (“TPCPLC”) subsequently agreed to the terms of the Supplementary Gas Agreement (“SGA”) to sell volumes after July 31, 2024 as Additional Gas, which, prior to August 1, 2024, were supplied as Protected Gas. TPCPLC has fully paid the Company $10.4 million of the receivable outstanding as at December 31, 2024.
    • Following cessation of Protected Gas after July 31, 2024, despite the absence of an executed contract to do so, Songas continued to lift gas volumes in August, September and October 2024, at an average rate of 20.2 MMcfd. On September 23, 2024, the Company was notified by Songas that it acknowledges it had lifted this volume, but due to TPDC’s refusal to approve a Gas Sales Agreement for this Additional Gas, they would elect to pay for only 19.5% of such volumes. This accords with the payment arrangements for Complex Additional Gas (defined below). Payments were made on this basis by Songas in Q4 2024, in the amount of $1.9 million representing 19.5% of the total invoiced amount of $9.7 million.
    • On August 7, 2024, PAET and PAEM issued a notice of dispute (“Notice of Dispute”) in respect of an investment treaty claim against the GoT for breach of the Agreement on Promotion and Reciprocal Protection of Investment between the Government of the Republic of Mauritius and the GoT (“BIT”), and a contractual dispute against the Government of Tanzania (“GoT”) and TPDC, for breaches of the: (i) PSA, and (ii) the Gas Agreement. Initial meetings with both the Advisory and Coordinating Committees were held during the week of October 14, 2024 without any resolution on the key issues in dispute. The matters have been further referred to the relevant entity’s chief executive officers and working groups in accordance with the dispute resolution process. Discussions continued with meetings held in March 2025 . Further updates on this matter will be made as appropriate.
    • In February 2025, the Company received a judgment (the “Judgment”) from the Tanzanian High Court (Commercial Division) (the “Court”) for a claim brought by a contractor against PAET. The claim was brought by the contractor for losses arising from PAET’s termination of a contract relating to the Company’s 3D seismic acquisition program. The contract was signed in 2022 and works were due to be completed by the end of 2022. However, work only commenced in 2023 and was never completed. Pursuant to the Judgment, the Court ordered specific and general damages in the aggregate of $23.1 million, plus legal costs and interest at a rate of 7% per annum be paid by PAET to the contractor. PAET respectfully disagrees with the Judgement and has initiated the appeal process. PAET was required to post security for the full amount of the Judgment until the appeal is resolved. The Company has recognised the resulting liability in 2024 based on the Judgement applied. The Company has initiated the appeal process, and if successful in that process, a reversal would be recognized in earnings at that time.
    • The well intervention operations on SS-7 have now concluded. The work program, following a complex mobilization to Songo Songo Island, sought to restore the mechanical integrity of the well to shutoff water production in order to restart production from the southern compartment of the Songo Songo gas field. Following several remedial cement treatments to shut off the lower water producing zone and reperforation of the upper Neocomian sands, limited and unsustained gas flows were observed. The Company, in line with its contingency plans, set a cement plug above the Neocomian interval and perforated the shallower Cenomanian sands. Having completed all possible downhole work, and after an unsuccessful attempt to produce gas from the Cenomanian sands, the Company ceased well intervention operations and demobilized the barge and jack-up from the SS-7 site. The total expected project cost has increased to $25.9 million from $23.5 million, primarily as a result of the significant attempts required to shut off water and reproduce the well. A comprehensive post project analysis will be carried out to evaluate the intervention results, which have not met production expectations. During the year, the Company recorded an asset impairment expense of $25.9 million with respect to the SS-7 well workover program.
    • The Company completed a production and saturation logging program in three wells: SS-3, SS-10 and SS-5. Results indicate that the wells and field are performing in line with expectations, and have been used to update longer term reservoir management plans. The total expected program cost increased to $2.2 million from $1.3 million.
    • Net loss attributable to shareholders amounted to $21.6 million for the year ended December 31, 2024 compared to net income attributable to shareholders of $7.0 million for the same prior year period. In Q4 2024, the Company recorded an asset impairment expense of $25.9 million with respect to the SS-7 well workover program and a loss allowance of $21.7 million with respect to the ongoing litigation relating to the Judgment in the High Court of Tanzania.
    • Net cash flows from operating activities decreased by 37% for Q4 2024 and by 44% for the year ended December 31, 2024 compared to the same prior year periods. The decrease for the year ended December 31, 2024 over the comparable prior year period is mainly a result of changes in non-cash working capital.
    • Capital expenditures increased by 635% for Q4 2024 and by 244% for the year ended December 31, 2024 compared to the same prior year periods. The capital expenditures in 2024 primarily related to the well workover program. The capital expenditures in 2023 primarily related to the initial costs of the well workover program and the 3D seismic acquisition program.
    • The Company exited the period with $21.9 million in working capital (December 31, 2023: $67.3 million), cash and cash equivalents of $90.1 million (December 31, 2023: $101.6 million) and long-term debt of $ nil (December 31, 2023: $30.0 million). Cash held in hard currencies (USD, Euro, GBP, CDN) was $87.1 million, as at December 31, 2024 (December 31, 2023: $60.4 million). The decrease in long-term debt is related to a repayment of principal of $10.0 million in April 2024 and October 2024, representing the fourth and fifth semi-annual repayments of the Company’s long-term debt as well as maturing of the outstanding loan principal.
    • Subsequent to December 31, 2024, the Company fully prepaid the $60 million investment (the “Loan”) made by International Finance Corporation (“IFC”) in PAET, pursuant to a loan agreement dated October 29, 2015 between the IFC, PAET and the Company (the “Loan Agreement”). To effect the foregoing prepayment, the Company paid to IFC $30.6 million, representing the aggregate outstanding principal of the Loan together with all accrued interest thereon and all other amounts owing in connection with the Loan as of February 21, 2025. As of the date hereof, the annual variable participating interest granted by PAET to the IFC under the terms of the Loan Agreement remains outstanding.
    • As at December 31, 2024, the current receivable from TANESCO was $12.7 million (December 31, 2023: $5.9 million). The TANESCO long-term receivable as at December 31, 2024 and as at December 31, 2023 was $22.0 million and has been fully provided for. Subsequent to December 31, 2024, the Company has invoiced TANESCO $14.5 million for Q1 2025 gas deliveries. TANESCO has paid the Company $24.2 million to date which relate to the outstanding amount at December 31, 2024 and payments for a portion of Q1 2025 gas deliveries
    • Total working interest proved conventional natural gas reserves (“1P”) and total proved plus probable conventional natural gas reserves (“2P”) decreased by 53% and 56%, respectively, as at December 31, 2024 compared to the prior year. The decrease was primarily attributed to 26.7 Bcf of production in 2024 and 18.1 Bcf of negative technical revisions. The technical revisions were primarily due to lower forecasted gas sales to the end of the License attributed to increased hydro power use in Tanzania and the removal of Proved Undeveloped reserves due to the unsuccessful well intervention on SS-7. The net present value of lower reserves and estimated future cash flows from 2P reserves at a 10% discount rate decreased by 45% compared to the previous year mainly as a result of lower reserves at year end 2024 and the associated 33% reduction in the number of years outstanding on the current License.
    • We currently forecast average Additional Gas sales for 2025 to be in the range of 70-72 MMcfd for the full year which is estimated to be 4% lower than 2024. Given the uncertainty associated with the extension of the License, capital allocations for development projects will be minimal during 2025 and limited to the implementation of essential safety and maintenance matters only.
    Financial and Operating Highlights for the Three Months and Year Ended December 31, 2024
        Three Months
    ended December 31
        % Change         Year ended
    December 31    
       % Change           

    (Expressed in $’000 unless indicated otherwise)

    2024

     

    2023

      Q4/24 vs
    Q4/23

    2024

     

    2023

    Ytd/24 vs
    Ytd/23
     
    OPERATING              
    Daily average gas delivered and sold(MMcfd) 78.6   80.8   (3)%   72.9   85.6 (15 )%    
    Industrial 19.7   13.4   47%   16.1   13.7 18 %    
    Power 58.9   67.4   (13)%   56.8   71.9 (21 )%    
    Daily average gas delivered and sold and revenue recognized(MMcfd) 71.8   80.8   (11)%   68.8   85.6 (20 )%    
    Industrial 19.7   13.4   47%   16.1   13.7 18 %    
    Power 52.1   67.4   (23)%   52.7   71.9 (27 )%    
    Average price($/mcf)                
    Industrial 7.35   8.97   (18)% 8.45   8.73   (3)%       
    Power 3.90   3.84   2% 3.88   3.71   5%       
    Weighted average 4.85   4.69   3% 4.95   4.51   10%       
    Operating netback($/mcf)1 3.56   2.28   56% 3.13   2.38   32%       

    FINANCIAL

                 
    Revenue 36,855   24,448   51% 111,593   110,235 1%       
    Net (loss) / income attributable to shareholders (25,821 ) (438 ) n/m (21,578)   7,014 n/m      
    per share – basic and diluted($) (1.31 ) (0.02 ) n/m (1.09)   0.35 n/m      
    Net cash flows from operating activities 6,254   9,858   (37)% 27,086   48,485 (44)%      
    per share – basic and diluted($)1 0.32   0.50   (36)% 1.37   2.44 (44)%      
    Capital expenditures1 14,869   2,065   620% 27,548   8,103 240%      
    Weighted average Class A and Class B Shares1(‘000) 19,772   19,826   0% 19,780   19,841 0%      
          December 31,

    As at
    December 31,

       
          2024   2023 % Change  
    Working capital (including cash)1       21,904     67,323   (67 )%        
    Cash and cash equivalents       90,076     101,566   (11 )%        
    Long-term loan         21,961   (100 )%        
    Outstanding shares(‘000)                    
    Class A       1,750     1,750   0 %        
    Class B       18,022     18,051   0 %        
    Total shares outstanding       19,772     19,801   0 %        

    RESERVES2

                     
    Gross Reserves(Bcf)                  
    Proved       40   85    (53)%      
    Probable       1   9    (89)%      
    Proved plus probable       41   94    (56)%      
    Net Present Value, discounted at 10%($ million)                    
    Proved                             62           108    (43)%          
    Proved plus probable                             65           119    (45)%          

    1 See Non-GAAP Financial Measures and Ratios.

    Jay Lyons, Chief Executive Officer, commented:

    “Orca remains committed to Tanzania and wants to play a key role in Tanzania’s power generation strategy for the foreseeable future. Although demand for power in Tanzania is growing rapidly, surpassing the country’s current capacity, Orca has been unable to agree with the Government of Tanzania and TPDC with regard to securing a license extension for the Songo Songo gas field.

    Given the limited time remaining on the License, and the lack of a resolution on an extension, Orca has limited capital spending to only essential safety and maintenance activities. At this current moment, further investment is not commercially viable unless the License is extended. Therefore, in order to preserve shareholder value, Orca has focused on reducing costs, operating efficiently, and minimizing expenditures.

    There are currently no certainties on the timing, nature and extent of any such extensions. Until such extension has been finalized, a high degree of uncertainty exists with respect to the extent of the Company’s operating activities subsequent to October 2026. The Company is prepared to invest further in Tanzania. However, this investment depends on resolving the License extension and achieving a sustainable commercial framework. Without a resolution, Orca must act to protect the interests of its shareholders, even as it continues to support Tanzania’s long-term energy goals.”

    The Company’s complete Audited Consolidated Financial Statements and Notes and Management’s Discussion & Analysis for the year ended December 31, 2024 may be found on the Company’s website www.orcaenergygroup.com or on the Company’s profile on SEDAR+ at www.sedarplus.ca.

    Orca Energy Group Inc.

    Orca Energy Group Inc. is an international public company engaged in natural gas development and supply in Tanzania through its subsidiary PanAfrican Energy Tanzania Limited. Orca trades on the TSX Venture Exchange under the trading symbols ORC.B and ORC.A.

    The principal asset of Orca is its indirect interest in the with TPDC and the GoT in the United Republic of Tanzania. This PSA covers the production and marketing of certain gas from the License offshore Tanzania. The PSA defines the gas produced from the Songo Songo gas field as Protected Gas and Additional Gas. The Gas Agreement defined “Complex Additional Gas”, to be gas produced from the Songo Songo gas field, which is included in Additional Gas. Under the Gas Agreement, until July 31, 2024, Protected Gas was owned by TPDC and was sold to Songas and TPCPLC. After July 31, 2024, Protected Gas ceased and all production from the Songo Songo gas field constitutes Additional Gas which PAET and TPDC are entitled to sell on commercial terms until the PSA expires in October 2026. Songas is the owner of the infrastructure that enables the gas to be processed and delivered to Dar es Salaam, which includes a gas processing plant on Songo Songo Island. Additional Gas is all gas that is produced from the Songo Songo gas field in excess of Protected Gas.

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

    Abbreviations

    Bcf billion standard cubic feet
    MMcf million standard cubit feet
    MMcfd million standard cubic feet per day

    Non-GAAP Financial Measures and Ratios
    In this press release, the Company has disclosed the following non-GAAP financial measures, non-GAAP ratios and supplementary financial measures: capital expenditures, operating netback, operating netback per mcf, working capital, net cash flows from operating activities per share and weighted average Class A and Class B Shares.

    These non-GAAP financial measures and ratios disclosed in this press release do not have any standardized meaning under IFRS and may not be comparable to similar financial measures disclosed by other issuers. These non-GAAP financial measures and ratios should not, therefore, be considered in isolation or as a substitute for, or superior to, measures and ratios of the Company’s financial performance defined or determined in accordance with IFRS. These non-GAAP financial measures and ratios are calculated on a consistent basis from period to period.

    Non-GAAP Financial Measures

    Capital expenditures
    Capital expenditures is a useful measure as it provides an indication of our investment activities. The most directly comparable financial measure is net cash from (used in) investing activities. A reconciliation to the most directly comparable financial measure is as follows:

      Three Months ended 
    December 31
       Year ended
    December 31   
     
    $’000 2024   2023     2024   2023  
    Pipelines, well workovers and infrastructure 14,869   2,067     27,233   7,984  
    Other capital expenditures   (2 )   315   119  
    Capital expenditures 14,869   2,065     27,548   8,103  
    Right of use   852     57   852  
    Change in non-cash working capital (4,125 ) (708 )   (9,645 ) (161 )
    Net cash used by investing activities 10,744   2,209     17,960   8,794  

    Operating netback

    Operating netback is calculated as revenue less processing and transportation tariffs, TPDC’s revenue share, and operating and distribution costs. The operating netback summarizes all costs that are associated with bringing the gas from the Songo Songo gas field to the market, it is a measure of profitability. A reconciliation to the most directly comparable financial measure is as follows:

      Three Months ended
    December 31
      Year ended
    December 31
     
    $’000 2024   2023     2024   2023  
    Revenue 36,855   24,448     111,593   110,235  
    Production, distribution and transportation expenses (5,265 ) (4,576 )   (19,990 ) (19,197 )
    Net Production Revenue 31,590   19,872     91,603   91,038  
    Less current income tax adjustment (recorded in revenue) (8,061 ) (2,896 )   (12,817 ) (16,527 )
    Operating netback 23,529   16,976     78,786   74,511  
    Sales volumes MMcf where revenue is recognized 6,604   7,435     25,185   31,256  
    Netback $/mcf 3.56   2.28     3.13   2.38  

    Non-GAAP Ratios

    Operating netback per mcf

    Operating netback per mcf represents the profit margin associated with the production and sale of Additional Gas and is calculated by taking the operating netback and dividing it by the volume of Additional Gas delivered and sold. This is a key measure as it demonstrates the profit generated from each unit of production.

    Supplementary Financial Measures

    Working capital

    Working capital is defined as current assets less current liabilities, as reported in the Company’s Consolidated Statements of Financial Position. It is an important measure as it indicates the Company’s ability to meet its financial obligations as they fall due.

    Net cash flows from operating activities per share

    Net cash flows from operating activities per share is calculated as net cash flows from operating activities divided by the weighted average number of shares, similar to the calculation of earnings per share. Net cash flow from operations is an important measure as it indicates the cash generated from the operations that is available to fund ongoing capital commitments.

    Weighted average Class A and Class B Shares

    In calculating the weighted average number of shares outstanding during any period the Company takes the opening balance multiplied by the number of days until the balance changes. It then takes the new balance and multiplies that by the number of days until the next change, or until the period end. The resulting multiples of shares and days are then aggregated and the total is divided by the total number of days in the period.

    Forward-Looking Statements

    This press release contains forward-looking statements or information (collectively, “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included in this press release, which address activities, events or developments that Orca expects or anticipates to occur in the future, are forward-looking statements. Forward-looking statements often contain terms such as may, will, should, anticipate, expect, continue, estimate, believe, project, forecast, plan, intend, target, outlook, focus, could and similar words suggesting future outcomes or statements regarding an outlook. More particularly, this press release contains, without limitation, forward-looking statements pertaining to the following: anticipated average gas sales, including Additional Gas sales, for 2024; ongoing negotiation of new commercial terms and discussion of requirements under the Gas Agreement with Songas and TPCPLC; ongoing discussion of PGSA extension with TANESCO; assessment by the Company of the merits of the claim made by the seismic contractor and the timing of the scheduled hearing; planned intervention in offshore well SS-7 including timing, project costs and the anticipated increased gas delivery; planned installation of a new common well inlet manifold and its anticipated timing, costs and effects; planned production logging program at various wells and its anticipated timing, costs and effects; implementation of a new work program at the Songas plant and forecasted production improvement as a result; the Company’s expectation that capital projects will be funded through the Company’s working capital; the Company’s expectation that all capital allocation decisions will be based upon prudent economic evaluations and returns; extension of the development license and the Company’s expectation to continue to actively engage with the MoE to progress the license extension; maintenance of gas sale contract discipline by the Company in accordance with its gas supply agreements; and the Company’s expectations regarding supply and demand of natural gas. In addition, statements relating to “reserves” are by their nature forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions that the reserves described can be produced profitably in the future. The recovery and reserve estimates of the Company’s reserves provided herein are estimates only and there is no guarantee that the estimated reserves will be recovered. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, access to resources and infrastructure, performance or achievement since such expectations are inherently subject to significant business, economic, operational, competitive, political and social uncertainties and contingencies.

    These forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control, and many factors could cause the Company’s actual results to differ materially from those expressed or implied in any forward-looking statements made by the Company, including, but not limited to: risk that the Company may incur losses and legal expenses as a result of the claim brought forth by the seismic contractor; risk that the cost, timing and anticipated benefits from the Company’s various development programs in 2024 are different than expected; that not all capital allocation decisions will be based upon prudent economic evaluations and returns; inability to extend the development license and inability to maintain gas sale contract discipline; uncertainties with respect to negotiations involving the Gas Agreement; changes to forecasts regarding future development capital spending and source of capital funding; risk of future restrictions on the movement of cash from Jersey, Mauritius or Tanzania; occurrence of circumstance or events which significantly impact the Company’s cash flow and liquidity and the Company’s ability cover its long-term and short-term obligations or fund planned capital expenditures; prolonged foreign exchange reserves deficiency in Tanzania; the lack of availability of US dollars; inability to convert Tanzanian shillings into US dollars as and when required; discontinuation of work by the Company with the GoT on alternative development plan for longer term field development; lack of access to Songas processing and transportation facilities; risk of reduced current and potential production capacity of the Songo Songo gas field; the Company’s expectations regarding the supply and demand of natural gas is incorrect; uncertainty associated with the evolution of Tanzanian legislation; the risk of unanticipated effects regarding changes to the Company’s tax liabilities and its operations as a result of amendments made to existing legislation, the implementation of further legislation and the Company’s interpretation of the same; the impact of general economic conditions in the areas in which the Company operates; civil unrest; the susceptibility of the areas in which the Company operates to outbreaks of disease; industry conditions; changes in laws and regulations including the adoption of new environmental laws and regulations; impact of local content regulations and variances in the interpretation and enforcement of such regulations; the lack of availability of qualified personnel or management; fluctuations in commodity prices, foreign exchange or interest rates; stock market volatility; competition for, among other things, capital, oil and gas field services and skilled personnel and increased competition; failure to obtain required equipment for field development; delays in development plans; effect of changes to the PSA on the Company as a result of the implementation of new government policies for the oil and gas industry; inaccurate reserves estimates; incorrect forecasts in production and growth potential of the Company’s assets; obtaining required approvals of regulatory authorities; risks associated with negotiating with foreign governments; inability to satisfy debt conditions of financing; risk that the Company will not be able to fulfil its contractual obligations; risk that trade and other receivables may not be paid by the Company’s customers when due; the risk that the Company’s Tanzanian operations will not provide near term revenue earnings; reduced global economic activity as a result of the continuing impacts of geo-political conflicts or pandemics. In addition, there are risks and uncertainties associated with oil and gas operations, therefore the Company’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by these forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive.

    Future shareholder returns, including but not limited to the payment of dividends or other distributions to shareholders, if any, and the level thereof is uncertain. Any decision to pay further distributions on the Class A Shares and Class B Shares (including the actual amount, the declaration date, the record date and the payment date in connection therewith) will be subject to the discretion of the Board of Directors of the Company and may depend on a variety of factors, including, without limitation the Company’s business performance, financial condition, financial requirements, growth plans, expected capital requirements and other conditions existing at such future time including, without limitation, contractual restrictions and compliance with applicable laws. There can be no assurance that the Company will pay any distributions in the future.

    Such forward-looking statements are based on certain assumptions made by the Company in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors the Company believes are appropriate in the circumstances, including, but not limited to, the anticipated supply and demand of natural gas are in line with the Company’s expectations; the Company’s average Additional Gas sales are in line with forecasts; accurate assessment by the Company of the merit of claims brought forward by the seismic contractor; successful negotiation of the Gas Agreement; successful implementation of various development programs at the budgeted expenditures, including the planned intervention in the SS-7 well; all capital allocation decisions will be based upon prudent economic evaluations and returns; extension of the development license and maintenance of gas sale contract discipline on a go-forward basis pursuant to the Company’s gas supply agreements; that the Company will receive payment of arrears from TANESCO; that the Company will have sufficient cash flow, debt or equity sources or other financial resources required to fund its capital and operating expenditures and requirements as needed; that there will continue to be no restrictions on the movement of cash from Mauritius, Jersey or Tanzania; availability of US dollars and that the Company will continue to be able to convert Tanzanian shillings into US dollars as required; that the Company will successfully negotiate agreements; receipt of required regulatory approvals; the ability of the Company to increase production as required to meet demand; infrastructure capacity; commodity prices will not deteriorate significantly; the ability of the Company to obtain equipment and services in a timely manner to carry out exploration, development and exploitation activities; future capital expenditures; availability of skilled labor; timing and amount of capital expenditures; uninterrupted access to infrastructure; that the impact of increasing competition is consistent with expectations; conditions in general economic and financial markets; effects of regulation by governmental agencies; current or, where applicable, proposed industry conditions, laws and regulations will continue in effect or as anticipated as described herein; the effect of new environmental and climate-change related regulations will not negatively impact the Company; the Company is able to maintain strong commercial relationships with the GoT and other state and parastatal organizations; the current and future administration in Tanzania continues to honor the terms of the PSA and the Company’s other principal agreements; and other matters.

    The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

    The MIL Network

  • MIL-OSI USA: Case, Bresnahan, Jr. Introduce Small Business Measure To Expand Employee Stock Ownership Plans

    Source: United States House of Representatives – Congressman Ed Case (Hawai‘i – District 1)

    (Washington, DC) – U.S. Representative Ed Case (D-Hawai‘i-01), along with U.S. Representative Robert Bresnahan, Jr. (R-Pennsylvania-08), today announced introduction of a bipartisan measure to assist small businesses to adopt Employee Stock Ownership Plans (ESOPs), which offer a tested solution to employment and business productivity, stability and ownership transfer.

    Their ESOP Funding For SBA Position Act 2025 is also co-sponsored by U.S. Representative Rashida Tlaib (D-Michigan-12).

    “ESOPs are a proven mechanism for allowing employees to become full stakeholders in their businesses,” said Case.

    “This wealth-generating and, especially for small family-owned businesses, retirement plan approach creates a more engaged and productive workforce by aligning employee interests with a company’s success. This model promotes a stronger sense of ownership and community and keeps investment and wealth in local economies, benefiting workers and their families.”

    “When employees share in ownership, they also share in success, which builds a business where everyone is invested, not just financially, but personally,” said Rep. Bresnahan, Jr.

    “ESOPs are vital to building succession plans to ensure these small businesses remain in their communities where they belong. This legislation will improve access to this program for thousands of businesses and millions of employees across the country, and I thank Rep. Case for his partnership on this crucial investment for small businesses.”

    Case continued: “In Hawai‘i, we’ve seen firsthand the benefits of ESOPs. Hawai‘i is home to the second-oldest ESOP chapter in the nation, underscoring the success and importance of employee-owned businesses in our state.

    “From that humble beginning, the Hawai‘i Chapter of the ESOP Association now represents over 45 ESOP companies and professional service providers in the state, which is a significant number considering our state’s size. These businesses, with the help of ESOPs, have continued to thrive, contributing to the local economy in ways that benefit families and the broader community.”

    “Despite this strong record of ESOPs in Hawai‘i and throughout the United States, many small businesses face challenges in navigating the complex process of establishing and maintaining an ESOP. They often lack expertise in tax considerations, regulatory compliance, stock valuation, and securing the necessary funding. Our measure expands the availability of that necessary expertise and advocacy to grow ESOPs further across our country.”

    Nationally, as of 2021 there were 6,247 ESOPs, with nearly 11 million workers and a little more than $2 trillion in ESOP assets, with average assets per employee of $165,000.

    Attachments:

    ·        Text of the measure is here

    ·        Rep. Case’s remarks on introduction of the measure are here

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    MIL OSI USA News

  • MIL-OSI Submissions: Energy – The U.S.-Africa Energy Forum (USAEF) to Spotlight African Energy Opportunities, U.S.-Africa Collaboration

    SOURCE: Energy Capital & Power

    U.S. and African energy leaders will gather at the U.S.-Africa Energy Forum in Houston this August to drive investment, forge strategic partnerships and deepen American engagement in key African markets

    HOUSTON, United States of America, April 29, 2025 – The U.S.-Africa Energy Forum (USAEF) returns to Houston with a bold agenda focused on catalyzing American investment and innovation across Africa’s most dynamic energy markets. Designed as a high-impact platform for government and private sector dialogue, USAEF brings together African energy stakeholders and leading U.S. companies to accelerate project development, capital deployment and technology transfer across the continent.

    The forum is set to open with a High-Level U.S.-Africa Energy Dialogue, bringing together senior policymakers, energy ministers and private sector leaders to set the tone for deeper cooperation and alignment on mutual priorities. This flagship session will be followed by a forward-looking panel discussion on Private Equity Driving a New Wave of African Business, exploring how U.S.-based investment firms are shaping Africa’s next chapter of energy growth. The agenda will also spotlight frontier opportunities; overlooked plays across the Middle East, North Africa and sub-Saharan Africa; and bold strategies to grow the U.S. footprint in Africa’s critical minerals and energy assets.

    Libya, the Republic of Congo, Nigeria and the Democratic Republic of the Congo (DRC) will take center stage during a series of Country-Focused Sessions highlighting strategic priorities, reform agendas and concrete investment opportunities. African governments and national oil companies will present their latest projects and policy frameworks, while American firms such as Chevron, ExxonMobil, SLB and ConocoPhillips will explore avenues to deepen partnerships in established markets like Nigeria and Libya, and tap into emerging opportunities in the Republic of Congo and the DRC.

    With major reforms and investment drives underway, these markets are fast becoming focal points for American engagement. Libya, North Africa’s powerhouse, has launched a 22-block licensing round as it works to revitalize its upstream sector and reach a production target of 1.6 million barrels per day (bpd), alongside multi-billion-dollar gas monetization and export projects.

    The Republic of Congo is aiming to scale production to 500,000 bpd, while advancing gas monetization under a new Gas Master Plan that invites international collaboration. In the DRC, reforms to the hydrocarbons code and a potential minerals-for-security agreement with the U.S. signal new entry points for American firms. Nigeria continues to stand out as a top-tier investment destination, targeting $10 billion in deepwater gas projects through new tax incentives and a planned auction of undeveloped blocks to boost exploration and production.

    With participation from key industry players and high-level delegations, USAEF affirms a shared commitment by African stakeholders to attract American capital and technology to bolster their respective energy markets. U.S. companies, in turn, are ready to expand their footprint, forge new alliances and unlock the full potential of Africa’s energy future.

    For tickets, sponsorship opportunities and more information, please contact sales@energycapitalpower.com. Join us in Houston this August to connect with the leaders shaping Africa’s energy landscape and experience the momentum that drives ECP’s events worldwide.

    MIL OSI – Submitted News