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Category: Artificial Intelligence

  • MIL-OSI China: Smart shift: Anhui engine maker powers up with industrial internet

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

    A display showing the smart manufacturing platform powered by “5G plus industrial internet” at a factory of Anhui Quanchai Engine Co. Ltd. in Chuzhou, Anhui province, July 3, 2025. [Photo by Xu Xiaoxuan/China.org.cn]

    In the competitive landscape of modern industry, staying agile and efficient is paramount. For Anhui Quanchai Engine Co. Ltd., a long-standing developer and manufacturer of engines in central China’s Anhui province, the answer lies in a proactive leap into the future: a 5G-enabled industrial internet platform.

    Step into a Quanchai workshop, a large digital screen displays real-time production data. Fei Chen, a section chief at the company, monitors the J1 production line, tracking everything from completion rate and cost consumption to product quality.

    “We use large screens and digital dashboards to present production data, process parameters, equipment status and warning alarms in a centralized manner,” Fei said. “This keeps managers constantly informed of production dynamics at all times, enabling refined management of the entire manufacturing process.”

    Quanchai’s transformation goes deeper than just digital displays. The company has built a smart manufacturing platform powered by “5G plus industrial internet.” It has established an intelligent factory that spans the equipment, network, platform and application layers. Supported by digital twin technology, it has achieved three-dimensional, visualized factory operations. The platform also integrates more than 850 upstream and downstream supply chain resources to enable cross-sector collaboration and optimized resource allocation.

    During the 14th Five-Year Plan period (2021-2025), Quanchai has prioritized digital transformation, developing a smart workshop model that connects foundational equipment with production execution, data analysis and decision-making.

    The industrial internet platform has delivered tangible economic benefits. According to Xu Changyu, director of Quanchai’s information center, the platform has markedly improved its R&D and manufacturing efficiency, shortening R&D cycles by 30% and enhancing production efficiency by 35%. Meanwhile, key performance indicators have improved, including a 12.6% drop in unit manufacturing costs and an 18% rise in inventory turnover.

    The company’s efforts have earned national recognition. In 2024, Quanchai was named an “excellence-level smart factory” by the national Ministry of Industry and Information Technology. 

    The journey for Quanchai is far from over. Looking to the future, Xu said that with the rapid advancement of AI technologies such as DeepSeek, Quanchai will continue exploring the deep integration of AI and industrial internet platforms. The goal is to enhance intelligent capabilities and core competitiveness, ultimately evolving from a traditional manufacturer into a service-oriented provider of smart manufacturing solutions.

    MIL OSI China News –

  • MIL-OSI Russia: The class of 1995 met at their home university

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering –

    At the end of June, SPbGASU not only saw off graduates to their big professional life, but also met those who received their diplomas here 30 years ago: graduates of group 7P of the Department of Construction Production Technology and the Department of Wooden Structures visited lecture halls, the meeting room of the Academic Council, the SPbGASU History Museum and talked to each other.

    Builders, entrepreneurs, scientists

    The work biographies of graduates are impressive: career growth, scientific activity, teaching, entrepreneurship and many years of service to the cause chosen in youth.

    Most of them successfully work in the construction industry. Igor Kulakov is a civil engineer, top manager, worked in construction organizations of St. Petersburg, went from a work producer to the head of the organization, for 10 years was the head of the municipality in the Lomonosovsky district; currently – Chairman of the Committee on Urban Development Policy of the Leningrad Region. Oleg Timoshchuk headed the department of legal and methodological support of the State Construction Supervision and Expertise Service of St. Petersburg for more than 16 years, candidate of technical sciences, chairman of the state examination committee at the department of construction production technology, author of textbooks on construction technologies, expert on legal and technical issues in the field of construction. Denis Bak and Pavel Artemyev are the founders and heads of construction organizations that took part in the construction, reconstruction, major repairs, and restoration of significant objects: the General Staff building, the Astoria and Angleterre hotels, the Philip Morris tobacco factory, the Zenit Arena stadium, the Lakhta Center, and the Konevetsky Monastery.

    Sergey Dryakhlov has been working as a site manager at construction sites in St. Petersburg for many years. The reconstruction of the cultural heritage site “Pets House”, major repairs of residential buildings, reconstruction of the Admiralty Shipyards collector – this is far from a complete list of construction works in which he participated. Alla Soboleva is the chief specialist of the technical department of a developer specializing in the construction of residential buildings and social facilities. Marina Belokonova is an estimator for nuclear industry facilities; her organization’s main customers include the Kurchatov Institute and the St. Petersburg Institute of Nuclear Physics. Tatyana Soloshenko is a specialist in contracting, Irina Danilenko is a low-rise construction manager, Natalya Rogova, Olga Mineycheva and Olesya Litovchenko are design engineers who take part in the design, construction and reconstruction of residential and industrial buildings, bridges; they took part in the construction of the Western High-Speed Diameter, the Ring Road of St. Petersburg, and in the repair of the Trinity Bridge.

    Natalia Iskrova is the head of the economy of the State Budgetary Institution MFC of the Murmansk Region. Natalia Morozova is a specialist in the design and construction of communication networks. Larisa Anikeeva is an entrepreneur and consultant. Dmitry Titarev is a business trainer, lecturer at the St. Petersburg International Institute of Management and the Moscow School of Management “Skolkovo”, a candidate of technical sciences, and the author of books on industrial technologies.

    When asked how to build a successful career in the construction industry, Igor Kulakov answered: “Career success depends on many components: professional skills, personal qualities, willingness to take responsibility, and the ability to work in a team. In recent years, one of the main trends in the construction industry has been digitalization and automation of processes. The introduction of TIM models and artificial intelligence leads to changes in the requirements for employee qualifications. As a result, the demand for specialists with skills in working with new digital technologies is increasing. University graduates who can effectively use digital tools have a better chance of building a successful career.”

    “We will meet again at our home university”

    Within the walls of their native university, classmates recalled moments of student life.

    “Many of us noted that the years spent at the university became the most important stage in our professional development. We remembered our favorite teachers – professors Vladimir Vladimirovich Verstov, Gennady Mikhailovich Badin, Rudolf Sergeyevich Sanzharovsky, the dean of the construction faculty Viktor Borisovich Zverev. Having met, we seemed to relive our student years, remembering how we made our first projects, how we defended our diplomas, how we coped with everyday difficulties in the dormitory and worked on a collective farm, how we sang around the campfire with a guitar with a then modest classmate, and now a famous showman Sergei Shnurov,” shared Oleg Timoshchuk.

    The group plans to get back together for the 35th anniversary of the release.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Banking: CBB Announces Strategic Partnership with ARRAY Innovation to Advance Digital Transformation Agenda

    Source: Central Bank of Bahrain

    CBB Announces Strategic Partnership with ARRAY Innovation to Advance Digital Transformation Agenda

    Published on 4 July 2025

    Manama, Bahrain – 3 July 2025: The Central Bank of Bahrain (CBB) has entered a strategic partnership with ARRAY Innovation, a local portfolio company of Bahrain Mumtalakat Holding Company, to accelerate its digital transformation initiatives. The partnership agreement was signed in the presence of HE Khalid Humaidan, Governor of the Central Bank of Bahrain, and HE Shaikh Abdulla bin Khalifa Al Khalifa, Chief Executive Officer of Mumtalakat, on the sidelines of the FS Horizons: Doubling Down on Digital event, hosted in collaboration with the Bahrain Economic Development Board.

    As part of the agreement, ARRAY Innovation will provide strategic advisory and professional services to the CBB to develop and execute key technology initiatives, drawing on its global expertise in payments technology, artificial intelligence (AI), and cloud-based solutions.

    Commenting on the partnership, Mr. Mohamed Abdulla Abdulkarim, Executive Director of Corporate Services at the CBB, said, “We are pleased to work with a partner whose expertise and technology solution development capabilities align with CBB’s vision for regulatory innovation and growth, and our ongoing efforts in deploying and developing a robust digital ecosystem. With this public-private partnership, our aim is to enhance CBB’s institutional capacity, strengthen our technology infrastructure, and further solidify Bahrain’s standing as a regional financial hub.”

    For his part, Mr. Alaa Saeed, Chief Executive Officer and Founder of ARRAY Innovation, remarked, “We are honored to support the CBB on this strategic journey. Our team will work closely with the Bank to introduce solutions that drive impact and advance the Kingdom’s broader ambitions for digital enablement and economic diversification. This partnership also underscores our dedication towards nurturing local tech talent in Bahrain and contributing to the growth of its innovation economy.”

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    MIL OSI Global Banks –

  • MIL-OSI Russia: Transformation of the idea of health is pushing Chinese to go to the gym en masse

    Translation. Region: Russian Federal

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

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

    TAIYUAN, July 4 (Xinhua) — If you are a fitness enthusiast living in a medium-sized or large Chinese city, you can pray that you don’t get stuck in a traffic jam after work. Even a slight delay on your way to the gym can lead to an agonizing wait for a machine and ruin your carefully crafted workout plan to achieve your ideal body mass index.

    Gyms in China are often crowded. Russian student Evelina Aleshinskaya, who studies at Shanxi University in Taiyuan, capital of northern China’s Shanxi Province, regularly hits the gym after her afternoon classes. The 19-year-old said: “My Chinese classmates are incredibly into fitness – the gym is always crowded, especially after evening classes.”

    Off campus, gyms are packed during the evening rush hour, the period when people return from work. Whether in megacities like Beijing and Shanghai or second-tier cities like Taiyuan in northern China, almost every machine in every gym is occupied. And the popular “attraction” of the bench press is a huge line!

    “During your break, it’s better to keep an eye on the dumbbells you haven’t finished using yet, otherwise someone might take them while you’re browsing your phone,” advises Guo Xiaoyu, a fitness newbie who started working out just a few weeks ago.

    Although bodybuilding and fitness, which originated in European and North American countries, entered the consciousness of most Chinese people only one or two decades ago, these sports are developing rapidly in China. According to the China Sports and Fitness Industry Report released in early March 2025, as of December 2024, the number of gym users in the country reached 87.525 million, an increase of 25.47 percent compared with 2023.

    Evelina Aleshinskaya notes that it is hard not to notice images of sculpted chests and buttocks on billboards and social media feeds. She has noticed that the Chinese are increasingly prioritizing body type over mere appearance, and that even the government approves of this.

    “After the ‘Nation Calls for Weight Loss’ slogan went viral, I realized that I could no longer afford to remain overweight,” Guo Xiaoyu said.

    On the sidelines of the annual “two sessions” held in March this year, Lei Haichao, head of China’s National Health Commission, devoted seven minutes to issues related to weight control and weight loss. Chinese netizens humorously dubbed the moment as a rallying cry for “The nation is calling you to lose weight,” giving the topic a hot topical status.

    “It may seem strange that body weight is becoming an issue that the government pays attention to, but given the importance of public health as a foundation for China’s modernization, it is worth raising awareness about health promotion at the national level,” said Wang Yi, a professor at the School of Politics and Public Administration at Shanxi University.

    A weight control guideline issued by China’s National Health Commission warns that without effective control, the overweight/obesity rate among adults in China is expected to reach 70.5 percent and 31.8 percent among children and adolescents by 2030.

    Unlike Guo Xiaoyu, many fitness enthusiasts don’t need anyone to tell them, “It’s time to control your weight.” After the Spring Festival holiday, crowds of people headed to the gym to work out hard in order to achieve the ideal, fat-free body proportions before summer.

    Listing the driving factors behind the rapid development of the fitness industry in recent years, Wang Yi pointed out that in addition to the public’s growing awareness of health, compared with sports such as football, badminton and swimming that require high-tech facilities, gyms occupy a small area and allow more people to exercise in one unit of time. In addition, the annual cost of going to a regular gym is about one thousand to three to four thousand yuan, which is affordable for most people.

    However, problems still exist. Over the past few years, some gyms in China have come under fire for their “pre-payment” business model. Occasionally, some gyms have experienced incidents of their owners “running away with the money,” which has undermined the confidence of fitness enthusiasts in consumption. In response, on March 1, 2025, the eastern Chinese metropolis of Shanghai introduced new regulations that set the limit, time frame, and standards for pre-payment collection in the sports and fitness industry for the first time. This is expected to create a new business model for more gyms in China.

    Meanwhile, the Western-born concept of fitness has also been challenged by traditional Chinese medicine (TCM). According to TCM, muscle-building workouts are not suitable for everyone, and excessive exercise can even have an impact on physical health.

    “TCM theory states that qi (dynamic energy that controls physiological processes) and blood are important substances for maintaining the normal functioning of the body. And fitness activities, especially excessive exercise, deplete these vital resources. Although it helps to improve physical fitness temporarily, in the long run it can lead to the body being depleted,” said Wei Mengling, head of the TCM department at Shanxi Bethune Hospital.

    This concern is in line with clinical trends. According to Wang Pingzhi, head of the rehabilitation department at the same hospital, in recent years, the number of patients admitted who suffered sports injuries due to fitness has been increasing year by year. Now, the number of such patients admitted monthly has increased by about 6 times compared with three years ago. According to her, many fitness enthusiasts have not mastered scientific fitness methods and techniques, and have also performed physical exercise and fitness programs that are not suitable for them, which has become the main cause of sports injuries.

    Most patients delay seeking medical care until their injuries impact their daily lives, so the actual injury rate may be higher, she added.

    Meanwhile, for Guo Xiaoyu, fitness training has yielded tangible results so far. In just three weeks, his bench press has increased by 10 kg.

    “Unlike many other activities and pursuits, fitness is something I can invest in and see a return on. I am willing to continue in the same spirit,” said Guo Xiaoyu. -0-

    MIL OSI Russia News –

  • MIL-OSI China: China, Germany should advocate multilateralism, uphold free trade, says FM

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

    China and Germany should jointly serve as advocates of multilateralism, defenders of free trade and contributors to open development, to foster a more just and equitable international order, Chinese Foreign Minister Wang Yi said in Berlin Thursday.

    Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks during a joint press conference with German Foreign Minister Johann Wadephul.

    Wang spoke highly of the eighth round of China-Germany Strategic Dialogue on Diplomacy and Security held Thursday, saying it’s comprehensive, pragmatic, candid and constructive.

    The talks helped enhance mutual understanding and broaden common ground between the two sides, he said.

    Both sides agreed to advance their comprehensive strategic partnership along the right path of mutual respect, seek common ground while reserving differences, and achieve win-win cooperation, Wang said.

    Noting that this year marks the 80th anniversary of the victory of the World Anti-Fascist War as well as the founding of the United Nations, Wang said unilateralism, protectionism, and acts of power politics and bullying are posing serious challenges to the international community.

    Under such circumstances, Wang said, major countries must shoulder responsibilities, embrace the global trend toward multipolarization and economic globalization, and stand firmly on the right side of history.

    As the world’s second- and third-largest economies, China and Germany should strengthen exchanges, deepen cooperation and jointly do the following three things, he said.

    First, consolidating the foundation of bilateral relations.

    During a phone conversation in late May, Chinese President Xi Jinping and German Chancellor Friedrich Merz provided strategic guidance for the development of bilateral ties and set the direction for future efforts, Wang said. The two sides should implement the important consensus reached by the two leaders and make good preparations for the next phase of high-level engagements, he added.

    Wang said that China welcomes Merz to visit China within this year and reach a consensus on holding the eighth round of China-Germany inter-governmental consultation at an early date.

    Wang also said that China appreciates the German government’s reaffirmation of its commitment to the one-China policy. He expressed confidence that Germany will support China’s efforts toward full reunification, just as China had unconditionally supported Germany’s reunification. Achieving peace across the Taiwan Strait, he said, requires a firm stand against any move toward “Taiwan independence.”

    Second, upgrading the quality of bilateral cooperation.

    China and Germany are each other’s largest trading partner in their respective regions, with bilateral trade exceeding 200 billion U.S. dollars for nine consecutive years, Wang said.

    Trade with China supports 1 million jobs in Germany, and the Chinese market has attracted more than 5,000 German enterprises to invest and operate in China, he added.

    Strengthening mutually beneficial cooperation is a “must-have option” for both countries, serving as a “ballast” of the bilateral relationship, and is also in line with the new German government’s policy focus on economic development, said Wang.

    The two sides also had in-depth discussions on their respective economic and trade concerns, and agreed to build a more stable, predictable and trustworthy policy framework for practical cooperation, Wang said.

    China’s accelerated modernization will provide new development opportunities for German and European enterprises, he said, adding that China and Germany have broad prospects in cutting-edge fields such as green transition, artificial intelligence and quantum technology.

    Only by tightening the bonds of common interests and pursuing a shared future can the two sides effectively resist external risks and challenges, Wang said.

    Third, practicing multilateralism.

    History has repeatedly proven that open exchanges have always been the right direction for human development and progress, Wang said. In the 21st century, we should not erect new barriers through tariffs, nor fuel division through ideological confrontation, he warned.

    Wang expressed the belief that multipolarization and globalization are like the Yangtze and the Rhine rivers, flowing forward relentlessly.

    Noting that this year marks the 50th anniversary of the establishment of China-EU diplomatic relations, Wang said China looks forward to holding various important events, including the China-EU summit.

    It is hoped that Germany will play an active role in the EU, promote coordination and cooperation between China and the EU, and work together with China to make new contributions to global governance, he said.

    The more complex the international situation is, the more major countries need to strengthen coordination, Wang said. He added that the more prominent the risks and challenges are, the more countries need to enhance cooperation.

    Under the current circumstances, China is ready to work with Germany to uphold the correct view of history, remain true to the original aspiration of establishing diplomatic ties, strengthen strategic communication, seek common ground while preserving differences, and deepen practical cooperation, he said.

    MIL OSI China News –

  • MIL-OSI: Eurocastle Releases First Quarter 2025 Interim Management Statement, Release of Liquidation Reserves and Notice of Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    EUROCASTLE INVESTMENT LIMITED

                                           FOR IMMEDIATE RELEASE
    Contact:        
    Oak Fund Services (Guernsey) Limited
    Company Administrator
    Attn: Nicole Barnes
    Tel: +44 1481 723450        

    Eurocastle Releases First Quarter 2025 Interim Management Statement and Announces Release of €4.6 million of Liquidation Reserves and Annual General Meeting to be held on 5 August 2025

    Guernsey, 4 July 2025 – Eurocastle Investment Limited (Euronext Amsterdam: ECT) (“Eurocastle” or the “Company”) today has released its interim management statement for the quarter ended 31 March 2025. The Company also announces that, following quarter end, the Luxembourg fund through which it is pursuing the New Investment Strategy (“EPIF”) has reached over €61 million of investor commitments, following which the Board has determined that Eurocastle has a sustainable platform that it anticipates growing in future years. As a result, the Board has released €4.6 million of reserves generating a net increase to the Company’s Adjusted NAV of €4.0 million, or €4.01 per share after contractual incentive fees of 12.5%.

    • IFRS NAV of €22.0 million, or €22.01 per share (€22.1 million, or €22.05 per share as at Q4 2024).
    • ADJUSTED NET ASSET VALUE (“NAV”)1 of €11.4 million, or €11.43 per share2 (Q4 2024: €11.4 million, or €11.34 per share).
    • PRO FORMA ADJUSTED NAV: Pro forma for the release of the Liquidation Reserves and net of incentive fees, the Adjusted NAV as at 31 March 2025 would be €15.5 million, or €15.44 per share.
                                   
        Q4 2024 NAV   Q1 FV Movement   Q1 2025 NAV   Pro Forma Movements3   Q1 2025 Pro Forma NAV
        €’m € p.s.   €’m € p.s.   €’m € p.s.   €’m € p.s.   €’m € p.s.
    New Investment Strategy – EPIF   5.77 5.76   0.09 0.09   5.86 5.85   – –   5.86 5.85

    Legacy Italian Real Estate Funds

    		   0.06 0.06   – –   0.06 0.06   – –   0.06 0.06
    Net Corporate Cash3&4   12.28 12.26   (0.16) (0.17)   12.11 12.09   (0.57) (0.57)   11.54 11.52
    Legacy German Tax Asset   3.97 3.97   0.03 0.04   4.01 4.01   – –   4.01 4.01
    IFRS NAV   22.08 22.05   (0.04) (0.04)   22.04 22.01   (0.57) (0.57)   21.47 21.44
    Legacy German Tax Reserve5   (5.99) (5.97)   (0.02) (0.03)   (6.01) (6.00)   – –   (6.01) (6.00)
    Adjusted NAV before Liquidation Reserve   16.09 16.08   (0.06) (0.07)   16.03 16.01   (0.57) (0.57)   15.46 15.44
    Liquidation Reserves3&5   (4.74) (4.74)   0.15 0.16   (4.59) (4.58)   4.59 4.58   – –
    Adjusted NAV  

    11.35

    		 11.34   0.09 0.09   11.44 11.43   4.02 4.01   15.46 15.44
    Ordinary shares outstanding   1,001,555         1,001,555         1,001,555
                                   

          As at 31 March 2025, the Company’s assets mainly comprise:

          1.   €12.1 million, or €12.09 per share, of net corporate cash3 which is available to continue seeking investments under the New Investment Strategy.

          2.   €5.9 million, or €5.85 per share, in the Company’s first investment under the New Investment Strategy – a Luxembourg real estate fund where Eurocastle, as sponsor, generates returns through its share of investments made and certain subsidiaries receive asset management and incentive fees from third party investors.

          3.   A tax asset of €4.0 million, or €4.01 per share, representing amounts paid (and associated interest) in relation to additional tax assessed against a former German property subsidiary where the Company won the first instance of its appeal in December 2024. The German tax authorities have since appealed the decision and the Company is waiting for the date of the next hearing.

          4.   Residual interests in two legacy Italian Real Estate Fund Investments with a NAV of €0.06 million, or €0.06 per share, where the underlying apartments are now all sold and both funds are in liquidation.

    Q1 2025 BUSINESS UPDATES & SUBSEQUENT EVENTS

    • New Investment Strategy – In 2024, Eurocastle launched a Luxembourg regulated fund, European Properties Investment Fund S.C.A., SICAV RAIF (“EPIF” or the “Fund”), through which it invests alongside selected co-investors. EPIF’s key strategy is to acquire small to mid-size real estate and real estate related assets in Southern Europe with superior risk adjusted returns. The Fund initially closed with Eurocastle committing to invest €8 million alongside a €2 million commitment from its JV Partner. EPIF is now being marketed to potential investors with a target size of €100 million.

    In addition to generating attractive risk adjusted returns on its share of any investments made, Eurocastle also anticipates receiving market standard management and incentive fees from third-party investors.

    Up to the end of Q1 2025, EPIF had invested approximately €7 million. Eurocastle’s 80% share amounted to €5.5 million, while its corresponding share of EPIF’s net asset value as at 31 March 2025 stood at €5.9 million, reflecting an increase in the value of the real estate acquired to date.

    Subsequent Events to Q1 2025 – Since Q1, EPIF has received commitments of approximately €51 million from 15 investors taking the total fund size to over €61 million. In addition, prospective investors representing a further €20 million in commitments are in the final stages of due diligence.

    In June, EPIF completed its second investment, calling approximately €1 million of capital to acquire a 70% interest in a vacant office property in central Athens. The asset was acquired from a defaulted borrower at a substantial discount to comparable sales in the area.

    In addition, EPIF has an active pipeline that currently includes approximately €40 million of potential opportunities.

    • Legacy Italian Real Estate Funds –The remaining NAV for these investments of €0.06 million, or €0.06 per share, reflects cash currently reserved in the funds that is expected to be released once the fund manager resolves certain potential liabilities and liquidates each fund.
    • Legacy German Tax Matter – Prior to 2024, the Company had paid a net amount of €3.7 million in relation to the Legacy German tax matter against which it has raised a corresponding tax asset (together with associated interest). The Company, in pursuing the reimbursement of this amount through the German fiscal court, won the first instance of its appeal in December 2024. Shortly after, the German tax authorities appealed the decision through the German federal tax court and the Company is currently waiting to be notified of the date of the hearing.

                      The remaining potential exposure, associated with the same point under dispute, is estimated to be €1.7 million. This relates to the years 2013 to 2015 which remain subject to ongoing tax audits. Notwithstanding the Company’s expectation that the tax matter will eventually be resolved in the Company’s favour, as at 31 March 2025, the full potential liability of €6.0 million, or €6.00 per share (including associated defence costs and interest accrued), is fully reserved for within the Additional Reserves.

    • Additional Reserves – As at 31 March 2025, of the total Additional Reserves of €10.6 million, €6.0 million related to the legacy German tax matter with the balance of approximately €4.6 million held in reserves to allow for future costs and potential liabilities while the Company consolidated in parallel the New Investment Strategy (the “Liquidation Reserves”).

                      Subsequent Events to Q1 2025 – In light of the Company’s strengthened financial position and prospects, the Board has reviewed the level of Additional Reserves and feel it appropriate to release the Liquidation Reserves.

    Income Statement for the Quarter ended 31 March 2025 and Quarter ended 31 March 2024 (unaudited)

      Income

    Statement

    		 Income

    Statement
      Q1 2025 Q1 2024
      € Thousands € Thousands
    Portfolio Returns    
    New Investment Strategy – EPIF unrealised fair value movement 85 –
    Legacy Real Estate Funds unrealised fair value movement – (10)
    Fair value movement on Investments 85 (10)
    Other income – 4
    Interest income 109 146
    Total income 194 141
         
    Operating Expenses    
    Manager base and incentive fees 41 20
    Remaining operating expenses 195 227
    Total expenses 236 247
         
    (Loss) for the period (42) (106)
    € per share (0.04) (0.11)

    Balance Sheet and Adjusted NAV Reconciliation as at 31 March 2025 and as at 31 December 2024

          31 March 2025

    Total

    € Thousands

    		 31 December 2024

    Total
    € Thousands
    Assets      
      Other assets   115 315
      Legacy German tax asset   4,012 3,974
      Investments – New Investment Strategy – EPIF   5,855 5,770
      Investments – Legacy Real Estate Funds   64 64
      Cash, cash equivalents   12,400 12,415
    Total assets   22,446 22,538
    Liabilities      
      Trade and other payables   318 389
      Manager base and incentive fees   84 63
    Total liabilities   402 452
    IFRS Net Asset Value   22,044 22,086
    Liquidation cash reserve   (4,590) (4,748)
    Legacy German tax cash reserve   (2,000) (2,008)
    Legacy German tax asset reserve   (4,012) (3,974)          
    Adjusted NAV   11,442 11,356
    Adjusted NAV (€ per Share)   11.43 11.34

    NOTICE: This announcement contains inside information for the purposes of the Market Abuse Regulation 596/2014.

    ANNUAL GENERAL MEETING

    The Company will hold its Annual General Meeting on Tuesday, 5 August 2025, at the Company’s registered office at 3:00 pm
    Guernsey time (4:00 pm CET). Notices and proxy statements will be posted by 14 July 2025 to shareholders of record at close of business on 10 July 2025.

    ADDITIONAL INFORMATION

    For investment portfolio information, please refer to the Company’s most recent Financial Report, which is available on the Company’s website (www.eurocastleinv.com).

    Terms not otherwise defined in this announcement shall have the meaning given to them in the Circular.

    ABOUT EUROCASTLE

    Eurocastle Investment Limited (“Eurocastle” or the “Company”) is a publicly traded closed-ended investment company. On 8 July 2022, the Company announced the relaunch of its investment activity and is currently in the early stages of pursuing its new strategy by initially focusing on opportunistic real estate in Greece with a plan to expand across Southern Europe. For more information regarding Eurocastle Investment Limited and to be added to our email distribution list, please visit www.eurocastleinv.com.

    FORWARD LOOKING STATEMENTS

    This release contains statements that constitute forward-looking statements. Such forward-looking statements may relate to, among other things, future commitments to sell real estate and achievement of disposal targets, availability of investment and divestment opportunities, timing or certainty of completion of acquisitions and disposals, the operating performance of our investments and financing needs. Forward-looking statements are generally identifiable by use of forward-looking terminology such as “may”, “will”, “should”, “potential”, “intend”, “expect”, “endeavour”, “seek”, “anticipate”, “estimate”, “overestimate”, “underestimate”, “believe”, “could”, “project”, “predict”, “project”, “continue”, “plan”, “forecast” or other similar words or expressions. Forward-looking statements are based on certain assumptions, discuss future expectations, describe future plans and strategies, contain projections of results of operations or of financial condition or state other forward-looking information. The Company’s ability to predict results or the actual effect of future plans or strategies is limited. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, its actual results and performance may differ materially from those set forth in the forward-looking statements. These forward-looking statements are subject to risks, uncertainties and other factors that may cause the Company’s actual results in future periods to differ materially from forecasted results or stated expectations including the risks regarding Eurocastle’s ability to declare dividends or achieve its targets regarding asset disposals or asset performance.

    1 In light of the Realisation Plan announced in 2019, the Adjusted NAV as at 31 March 2025 reflects additional reserves for future costs and potential liabilities, which have not been accounted for under the IFRS NAV. No commitments for these future costs and potential liabilities existed as at 31 March 2025.
    2 Per share calculations for Eurocastle throughout this document are based on 1,001,555 shares, unless otherwise stated.
    3 Adjustments to reflect the release of the Liquidation Reserve.
    4 Reflects corporate cash net of accrued liabilities and other assets.
    5 Reserves that were put in place when the Company realised the majority of its investment assets in 2019 in order for the Company to continue in operation and fund its
    future costs and potential liabilities. These reserves are not accounted for under IFRS.

    The MIL Network –

  • PM Modi hails Indian Diaspora for their role in shaping modern Trinidad &Tobago

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi received a rousing welcome as he addressed a large gathering of the Indian diaspora in Trinidad and Tobago on Thursday during his historic visit to the Caribbean nation. The event, attended by over 4,000 people, featured a vibrant Indo-Trinidadian cultural programme and was graced by Trinidad and Tobago PM Kamla Persad-Bissessar, along with members of her Cabinet, Parliament, and other dignitaries.

    In a significant gesture, Prime Minister Persad-Bissessar announced that PM Modi would be conferred with The Order of the Republic of Trinidad and Tobago, the country’s highest civilian honour, in recognition of his global leadership and efforts to deepen ties between the two nations.

    Expressing heartfelt gratitude, PM Modi thanked the people and leadership of Trinidad and Tobago for the honour. He highlighted the special significance of his visit, which coincides with the 180th anniversary of the arrival of Indian indentured labourers in the Caribbean.

    In his address, the Prime Minister praised the Indian diaspora for their resilience, cultural richness, and their role in shaping modern Trinidad and Tobago. “You are not just defined by struggle anymore. You are defined by success, service, and values,” he said, adding with humour, “There must be something magical in the doubles and dal poori because you’ve doubled the success of this great nation.”

    As a major announcement, PM Modi declared that Overseas Citizen of India (OCI) cards will now be issued to the sixth generation of people of Indian origin in Trinidad and Tobago — a move that was met with thunderous applause. He also reaffirmed India’s commitment to preserving the legacy of the Girmitiya community, with plans to document their history and hold regular world conferences.

    PM Modi touched on India’s rapid growth in sectors such as infrastructure, digital payments, space, and innovation. He noted that India is the fastest-growing major economy and will soon be among the top three economies in the world. He also highlighted key national missions in AI, semiconductors, and quantum computing, positioning them as engines of India’s future growth.

    The Prime Minister announced that India’s UPI digital payment system will be adopted in Trinidad and Tobago, making financial transactions seamless and quicker — “ faster than West Indies bowling,” he said.

    PM Modi presented a symbolic replica of the Ram Mandir in Ayodhya and sacred water from the Sarayu River and the Maha Kumbh to Kamla Persad-Bissessar, reflecting strong spiritual and cultural bonds between the two nations.

    The event concluded with a grand cultural showcase by artists from the Mahatma Gandhi Institute for Cultural Cooperation and local organisations, celebrating the deep-rooted India-Trinidad and Tobago connection.

     

  • PM Modi hails Indian Diaspora for their role in shaping modern Trinidad &Tobago

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi received a rousing welcome as he addressed a large gathering of the Indian diaspora in Trinidad and Tobago on Thursday during his historic visit to the Caribbean nation. The event, attended by over 4,000 people, featured a vibrant Indo-Trinidadian cultural programme and was graced by Trinidad and Tobago PM Kamla Persad-Bissessar, along with members of her Cabinet, Parliament, and other dignitaries.

    In a significant gesture, Prime Minister Persad-Bissessar announced that PM Modi would be conferred with The Order of the Republic of Trinidad and Tobago, the country’s highest civilian honour, in recognition of his global leadership and efforts to deepen ties between the two nations.

    Expressing heartfelt gratitude, PM Modi thanked the people and leadership of Trinidad and Tobago for the honour. He highlighted the special significance of his visit, which coincides with the 180th anniversary of the arrival of Indian indentured labourers in the Caribbean.

    In his address, the Prime Minister praised the Indian diaspora for their resilience, cultural richness, and their role in shaping modern Trinidad and Tobago. “You are not just defined by struggle anymore. You are defined by success, service, and values,” he said, adding with humour, “There must be something magical in the doubles and dal poori because you’ve doubled the success of this great nation.”

    As a major announcement, PM Modi declared that Overseas Citizen of India (OCI) cards will now be issued to the sixth generation of people of Indian origin in Trinidad and Tobago — a move that was met with thunderous applause. He also reaffirmed India’s commitment to preserving the legacy of the Girmitiya community, with plans to document their history and hold regular world conferences.

    PM Modi touched on India’s rapid growth in sectors such as infrastructure, digital payments, space, and innovation. He noted that India is the fastest-growing major economy and will soon be among the top three economies in the world. He also highlighted key national missions in AI, semiconductors, and quantum computing, positioning them as engines of India’s future growth.

    The Prime Minister announced that India’s UPI digital payment system will be adopted in Trinidad and Tobago, making financial transactions seamless and quicker — “ faster than West Indies bowling,” he said.

    PM Modi presented a symbolic replica of the Ram Mandir in Ayodhya and sacred water from the Sarayu River and the Maha Kumbh to Kamla Persad-Bissessar, reflecting strong spiritual and cultural bonds between the two nations.

    The event concluded with a grand cultural showcase by artists from the Mahatma Gandhi Institute for Cultural Cooperation and local organisations, celebrating the deep-rooted India-Trinidad and Tobago connection.

     

  • PM Modi hails Indian Diaspora for their role in shaping modern Trinidad &Tobago

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi received a rousing welcome as he addressed a large gathering of the Indian diaspora in Trinidad and Tobago on Thursday during his historic visit to the Caribbean nation. The event, attended by over 4,000 people, featured a vibrant Indo-Trinidadian cultural programme and was graced by Trinidad and Tobago PM Kamla Persad-Bissessar, along with members of her Cabinet, Parliament, and other dignitaries.

    In a significant gesture, Prime Minister Persad-Bissessar announced that PM Modi would be conferred with The Order of the Republic of Trinidad and Tobago, the country’s highest civilian honour, in recognition of his global leadership and efforts to deepen ties between the two nations.

    Expressing heartfelt gratitude, PM Modi thanked the people and leadership of Trinidad and Tobago for the honour. He highlighted the special significance of his visit, which coincides with the 180th anniversary of the arrival of Indian indentured labourers in the Caribbean.

    In his address, the Prime Minister praised the Indian diaspora for their resilience, cultural richness, and their role in shaping modern Trinidad and Tobago. “You are not just defined by struggle anymore. You are defined by success, service, and values,” he said, adding with humour, “There must be something magical in the doubles and dal poori because you’ve doubled the success of this great nation.”

    As a major announcement, PM Modi declared that Overseas Citizen of India (OCI) cards will now be issued to the sixth generation of people of Indian origin in Trinidad and Tobago — a move that was met with thunderous applause. He also reaffirmed India’s commitment to preserving the legacy of the Girmitiya community, with plans to document their history and hold regular world conferences.

    PM Modi touched on India’s rapid growth in sectors such as infrastructure, digital payments, space, and innovation. He noted that India is the fastest-growing major economy and will soon be among the top three economies in the world. He also highlighted key national missions in AI, semiconductors, and quantum computing, positioning them as engines of India’s future growth.

    The Prime Minister announced that India’s UPI digital payment system will be adopted in Trinidad and Tobago, making financial transactions seamless and quicker — “ faster than West Indies bowling,” he said.

    PM Modi presented a symbolic replica of the Ram Mandir in Ayodhya and sacred water from the Sarayu River and the Maha Kumbh to Kamla Persad-Bissessar, reflecting strong spiritual and cultural bonds between the two nations.

    The event concluded with a grand cultural showcase by artists from the Mahatma Gandhi Institute for Cultural Cooperation and local organisations, celebrating the deep-rooted India-Trinidad and Tobago connection.

     

  • PM Modi hails Indian Diaspora for their role in shaping modern Trinidad &Tobago

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi received a rousing welcome as he addressed a large gathering of the Indian diaspora in Trinidad and Tobago on Thursday during his historic visit to the Caribbean nation. The event, attended by over 4,000 people, featured a vibrant Indo-Trinidadian cultural programme and was graced by Trinidad and Tobago PM Kamla Persad-Bissessar, along with members of her Cabinet, Parliament, and other dignitaries.

    In a significant gesture, Prime Minister Persad-Bissessar announced that PM Modi would be conferred with The Order of the Republic of Trinidad and Tobago, the country’s highest civilian honour, in recognition of his global leadership and efforts to deepen ties between the two nations.

    Expressing heartfelt gratitude, PM Modi thanked the people and leadership of Trinidad and Tobago for the honour. He highlighted the special significance of his visit, which coincides with the 180th anniversary of the arrival of Indian indentured labourers in the Caribbean.

    In his address, the Prime Minister praised the Indian diaspora for their resilience, cultural richness, and their role in shaping modern Trinidad and Tobago. “You are not just defined by struggle anymore. You are defined by success, service, and values,” he said, adding with humour, “There must be something magical in the doubles and dal poori because you’ve doubled the success of this great nation.”

    As a major announcement, PM Modi declared that Overseas Citizen of India (OCI) cards will now be issued to the sixth generation of people of Indian origin in Trinidad and Tobago — a move that was met with thunderous applause. He also reaffirmed India’s commitment to preserving the legacy of the Girmitiya community, with plans to document their history and hold regular world conferences.

    PM Modi touched on India’s rapid growth in sectors such as infrastructure, digital payments, space, and innovation. He noted that India is the fastest-growing major economy and will soon be among the top three economies in the world. He also highlighted key national missions in AI, semiconductors, and quantum computing, positioning them as engines of India’s future growth.

    The Prime Minister announced that India’s UPI digital payment system will be adopted in Trinidad and Tobago, making financial transactions seamless and quicker — “ faster than West Indies bowling,” he said.

    PM Modi presented a symbolic replica of the Ram Mandir in Ayodhya and sacred water from the Sarayu River and the Maha Kumbh to Kamla Persad-Bissessar, reflecting strong spiritual and cultural bonds between the two nations.

    The event concluded with a grand cultural showcase by artists from the Mahatma Gandhi Institute for Cultural Cooperation and local organisations, celebrating the deep-rooted India-Trinidad and Tobago connection.

     

  • MIL-OSI Video: Challenges and opportunities: what lies ahead for the world economy?

    Source: European Central Bank (video statements)

    Tariffs and geopolitical conflicts have created uncertainty around the world. But how does the new trade environment affect inflation and the economy? How can central banks adapt? And what is the potential impact on the dominance of the US dollar ?

    In the third episode of our special Sintra series of the ECB Podcast, our host Paul Gordon talks to London School of Economics Professor Silvana Tenreyro.

    The views expressed are those of the speakers and not necessarily those of the European Central Bank.

    Published on 4 July 2025 and recorded on 1 July 2025.

    In this episode:
    01:30 How is the world economy doing?
    What developments are having an impact on our economy today? And what uncertainties are arising from tariffs, trade fragmentation and armed conflicts in different parts of the world?

    03:30 Tariffs, trade fragmentation and the economy
    How can trade tariffs and fragmentation affect economic growth and inflation in the euro area and beyond?

    06:25 How are prices changing?
    How are prices changing in different countries? Will tariffs cause prices in the United States to rise, and those in Asia and Europe to fall? And why?

    07:55 Lessons for central banks
    Given the extremely high level of uncertainty, what lessons from past shocks can central banks apply in the future? Why do we need clearly defined frameworks? And what role do governments play?

    09:55 How can governments prepare for potential shocks?
    Investing in technologies that are difficult to substitute, diversifying energy sources and creating buffers for critical inputs – why it’s crucial that governments have a strategy to withstand various shocks.

    12:05 What is a dominant currency?
    When is a currency considered internationally “dominant”? And what dominant currencies have there been in the past?

    13:40 Dollar dominance and monetary policy transmission
    Does dollar dominance in international trade transactions reduce the effectiveness of monetary policy?

    17:30 The future of dollar dominance
    How will the dominance of the US dollar develop in the future? Is its role as a primary reserve currency at risk due to the Trump Administration’s policies?

    19:10 What keeps you up at night?
    What happens to our economy if there is a sudden shortage of a certain input? What impact will AI have if it remains largely unregulated? And what do stablecoins and digital currencies mean for our economy?

    21:00 Our guest’s hot tip

    Silvana shares her hot tip with our listeners.

    Further readings:

    Michael McLeay and Silvana Tenreyro: Dollar dominance and the transmission of monetary policy

    Sintra Series episode 1/4: Price stability in times of change

    Sintra Series episode 2/4: Adapting to change: Ensuring price stability in a new geopolitical era

    Silvana’s hot tip: I’m still here/Ainda estou aqui

    ECB Instagram
    https://www.instagram.com/europeancentralbank/

    https://www.youtube.com/watch?v=p1YYRg69syw

    MIL OSI Video –

  • MIL-OSI China: China’s global financial ranking on rise

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

    This panoramic aerial photo taken on Jan. 10, 2023 shows a view of Lujiazui area in the China (Shanghai) Pilot Free Trade Zone in east China’s Shanghai. [Photo/Xinhua]

    China ranks fourth in terms of its global financial competitiveness this year, following the United States, United Kingdom and Japan, with China’s rank one place higher than last year, according to a new report released at the Digital Finance Forum during the Global Digital Economy Conference 2025 in Beijing.

    The report, which evaluates 31 countries globally and was released by the Chinese Academy of Social Sciences on Thursday, states the gap between the scores of China and the US has narrowed for four consecutive years.

    Global financial competitiveness is defined as the ability of an economy’s financial system to allocate financial resources and manage risks more effectively on a global scale compared to other economies, thereby promoting economic growth and social development, according to the CASS.

    “For segmented indicators, China’s financial technology competitiveness has ranked third for two straight years, and this year’s score is significantly higher than last year, driven by notable development potential of China’s fintech industry,” said Liu Dongmin, a senior research fellow at the Institute of World Economics and Politics of the CASS.

    Meanwhile, the score of China’s fintech industry development potential index increased from 35.12 last year to 57.25 this year, and this ranking has risen from 12th last year to fourth place globally this year. Among the sub indicators, the AI talent index in China has risen from eighth place last year to fourth place this year, the report said.

    Major economies globally are actively promoting the growth of the digital economy, and China’s digital finance market is highly dynamic and ranks top in the world in terms of its market size, said Li Dongrong, former deputy governor of the People’s Bank of China.

    Last year, the market size of global digital finance exceeded $4.5 trillion, and China’s digital finance market size reached $3.2 trillion, becoming an important engine driving global growth, according to industry research company ChinaIRN.

    “China’s development of digital finance technology, especially mobile payment technology, is globally leading. Leveraging on the growth of digital technology, China’s financial services have effectively covered areas that were previously difficult to reach and the country has made effective breakthroughs in inclusive finance,” Li said at the forum.

    Chen Wenhui, former vice-chairman of the former China Banking and Insurance Regulatory Commission, said China’s application of artificial intelligence technology in the financial industry is accelerating. The digital wave has brought and will bring comprehensive transformation to the economy and society. AI is on a track with high certainty, and the financial sector should pay close attention to it.

    MIL OSI China News –

  • MIL-OSI USA: Wicker Details the Provisions of the Reconciliation Bill

    US Senate News:

    Source: United States Senator for Mississippi Roger Wicker
    WASHINGTON – U.S. Senator Roger Wicker, R-Miss., detailed the provisions of the reconciliation bill which President Trump will soon sign into law.
    “The reconciliation bill is an investment in the future of the United States. Through this legislation, the Senate secured a down payment on a generational upgrade for our nation’s defense capabilities. Many of the key provisions of the Tax Cuts and Jobs Act will be cemented and expanded. This will stimulate the economy and benefit job creators across the country. Additionally, this legislation will help secure the southern border and unleash American energy production. This legislation delivers on the promises Republicans made to the American people in November.”
    Click here for the full legislative text.
    Below is a list of provisions in the reconciliation bill that benefit Mississippians:
    Key tax cuts from the Tax Cuts and Jobs Act are made permanent with an adjustment for inflation.
    This reconciliation bill delivers the largest tax cut for the middle class in American history.
    The Child Tax Credit is doubled from $1,000 to $2,000, and the legislation increases tax credits available for childcare expenses.
    The adoption tax credit is now partially refundable, making it more affordable for families to manage costs related to adoption.
    A 20 percent small business deduction is maintained, ensuring small businesses can continue to invest in themselves and their employees.
    A 53 percent long-run wage increase for Mississippians. This legislation ensures Mississippians will take home more dollars and have improved economic security.
    Research and development expenditures will be fully expensed for small business owners. This provision encourages innovation, boosts productivity, and improves competitiveness for businesses across Mississippi.
    The creation of permanent opportunity zones. Making opportunity zones permanent provides certainty for the individuals and companies that utilize the credit and invest in underserved communities.
    Up to a $25,000 deduction for qualified cash tips received in occupations that customarily receive tips, available to both employees and independent contractors.
    The 1099-K reporting threshold increased to $20,000 and 200 transactions. This will reduce burdensome red tape and unnecessary regulations imposed by Democrats in 2021, improving economic activity and job creation across Mississippi.
    The New Market Tax Credit is made permanent, driving investment in rural and underutilized areas across Mississippi.
    Work requirements will now be required for Medicaid coverage, ensuring these benefits are available to those who are truly in need of care. This provision will also eliminate much of the waste, fraud, and abuse within Medicaid.
    Medicaid is no longer available for illegal immigrants.
    There is an allocated $50 billion over five fiscal years for states to carry out rural health transformation plans. This funding would be available to improve access to hospitals and ensure the financial stability of rural hospitals.
    This legislation repeals $6 billion in climate related Green New Deal funds, restores lease sales blocked by the Biden administration, cuts permitting red tape, and funds resupplying the Strategic Petroleum Reserve (SPR) with American-sourced energy.
    All unspent funds and unobligated money in the Inflation Reduction Act will be rescinded.
    The methane tax is paused for the next 10 years, stopping Democrats’ natural gas tax hike, which would have increased gas prices and continued Biden’s inflationary policies.
    The Federal Communications Commissions’ (FCC) spectrum auction authority is restored until September 30, 2034. The FCC would be required to auction at least 800 megahertz—500 megahertz of Federal and 300 megahertz of non-Federal spectrum—within an eight-year period.
    There is an allocated $4.3 billion for the procurement of Polar Security Cutters, which are built at the Bollinger Shipbuilding’s Pascagoula yard.
    A total of $175 billion on funding for securing the southern border, including:
    $46.5 billion for Customs and Border Protection for construction of the border wall.
    $45 billion for expanding ICE detention capacity.
    $4.1 billion for border patrol agents, air and marine agents, and field support personnel.
    $6 billion for border technology and screening upgrades.
    $10 billion in grant funding to reimburse states for border security expenses.
    The John C. Stennis Space Center will receive $120 million for infrastructure modernization projects. As NASA’s largest rocket propulsion test facility, these investments will enable NASA to update aging facilities and support development to attract commercial companies to the site.
    The Space Launch System for Artemis Missions IV and V receives $4.1 billion. All engines in the Artemis program are tested at the Stennis Center. This will enable additional testing of engines for Artemis V to continue at the Stennis Center.
    The legislation narrows the Supplemental Nutrition Assistant Program (SNAP) exceptions for work requirements for able-bodied adults, ensures benefits are available for those who truly need it.
    SNAP is no longer available for illegal immigrants.
    Commodities reference prices are increased to account for inflation so farmers and cattlemen can produce food here in the United States. It is imperative we are not relying on other nations for the food to feed our nation.
    Farm-raised fish producers who experience losses associated with bird predation are eligible for emergency assistance in the event of a disaster.
    The competitive research grants included in this bill for agriculture research facilities will ensure the next generation of students have access to cutting-edge facilities and research opportunities.
    The Consumer Financial Protection Bureau funding would be decreased by 45 percent, limiting this unaccountable federal entity from issuing needless bureaucratic regulations that reduce consumer access to financial services.
    As Chairman of the Armed Services Committee, Chairman Wicker secured a total of $150 billion for investment in our military. Below are a few of those provisions:
    $25 billion for the Golden Dome for America. This missile defense system will shield our homeland and troops in the age of hypersonic weapons.
    $29 billion for shipbuilding and the Maritime Industrial Base. Expands the size and enhances the capability of our naval fleet. Invests in autonomous surface and subsurface technology. Builds capacity and improves infrastructure in the maritime industrial base.
    $15 billion for nuclear deterrence. Accelerates modernization of the triad. Improves readiness of our current nuclear deterrent. Invests in infrastructure needed to restore America’s ability to manufacture nuclear weapons.
    $350 million to replace antiquated business systems and inject automation and AI at the DOD. This funding would support DOGE so that the DOD can finish its first audit by end of 2028.
    $16 billion to improve readiness, including through modernization of depots, additional spare parts for aircraft, and expanded naval maintenance.    
    $9 billion for service member quality of life. These funds increase allowances and special pays, as well as improvements to housing, healthcare, childcare, and education. 
    $16 billion to expedite innovation to the warfighter. This legislation increases scale production of innovative low-cost and next-generation weapons like drones, counter-drone tech, low-cost munitions, and artificial intelligence.

    MIL OSI USA News –

  • MIL-Evening Report: Avoid bad breath, don’t pick partners when drunk: ancient dating tips to find modern love

    Source: The Conversation (Au and NZ) – By Konstantine Panegyres, Lecturer in Classics and Ancient History, The University of Western Australia

    Henryk Siemiradzki via Wikimedia Commons

    To love and be loved is something most people want in their lives.

    In the modern world, we often see stories about the difficulties of finding love and the trials of dating and marriage. Sometimes, the person we love doesn’t love us. Sometimes, we don’t love the person who loves us.

    Ancient Greeks and Romans also had a lot to say about this subject. In fact, most of the issues people face today in their search for love are already mentioned in ancient Greek and Roman literature.

    So, what did they say? And is the advice they put forward still relevant for modern people?

    Advice for finding a lover

    The Roman poet Ovid (43BCE–17CE) wrote a poem called The Art of Love (Ars Amatoria). In it, he offered advice for those who are still single.

    First, Ovid says, you should make an effort to find someone you’re interested in. Your lover “will not come floating down to you through the tenuous air, she must be sought”.

    As suitable places to find a lover, Ovid recommends walking in porticos and gardens, attending the theatre, or (surprisingly enough) lingering near law courts.

    You need to catch someone’s eye and then invent an excuse to talk with them, he says.

    Seek your lover in the daytime, says Ovid. Be careful of the night. You won’t choose the right person if you’re drunk. And you can’t see their face properly if it’s too dark – they might be uglier than you think.

    Second, Ovid says you need to look presentable. Make sure your clothes are clean and you have a good haircut. Moreover, keep yourself groomed properly at all times:

    Do not let your nails project, and let them be free of dirt; nor let any hair be in the hollow of your nostrils. Let not the breath of your mouth be sour and unpleasing.

    Ovid’s The Art of Love may be regarded as a kind of love manual. But aside from making personal efforts to find a lover, people could also use matchmakers.

    However, matchmaking was a difficult process. Sometimes matchmakers didn’t tell the truth about the situations of the parties involved. So the Athenian writer Xenophon (430–353 BCE) says people were sometimes “victims of deception” in the matchmaking process.

    What if you’re not in love?

    The ancients recognised that not being in love can be a problem. They thought it bad for your mental and physical health, but also for society more broadly.

    For example, the Roman writer Claudius Aelian (2nd–3rd century CE) in his Historical Miscellany says soldiers who are in love will fight better than soldiers who are not in love:

    In the heat of battle when war brings men into combat, a man who is not in love could not match one who is. The man untouched by love avoids and runs away from the man who loves, as if he were an outsider uninitiated into the god’s rites, and his bravery depends on his character and physical strength.

    According to Aelian, the Spartans had a punishment for men who did not fall in love:

    Any man of good appearance and character who did not fall in love with someone well-bred was also fined, because despite his excellence he did not love anyone […] lovers’ affection for their beloved has a remarkable power of stimulating the virtues.

    So, when two people are in love, they can inspire each other and bring out the best in one another. Being in love can help a person become better and achieve more.

    Fighting for and keeping a lover

    If we are lucky, the person we love will also love us back, and we won’t have any love rivals.

    But what happens when the person we love is also loved by someone else? We may need to put in more effort to win the affection of that person, but sometimes this brings us into conflicts.

    For example, the Roman orator and politician Marcus Tullius Cicero (106–43 BCE), in his On the Orator, tells how Gaius Memmius, Roman tribune of the year 111 BCE, apparently took a bite out of his love rival’s arm, “when he had a quarrel with him at Tarracina over a girlfriend”.

    Some ways to keep one’s lover interested that are mentioned in ancient sources include showing off one’s wealth.

    For example, in one of the plays of the poet Alexis (375–275 BCE) a young man who is in love puts on a large banquet to impress his girlfriend with a display of wealth. Engagements were at that time sometimes cancelled if it turned out the husband was too poor.

    Of course, things did not always work out, and people had grievances against former lovers. One particularly famous invective was from the poet Martial (38–104 CE) to a woman called Manneia:

    Manneia, your little dog licks your face and lips. Small wonder that a dog likes eating dung!

    Timeless concerns

    Today, we often see debates about whether it’s better to stay single or get into a relationship.

    The same goes for antiquity. In the 4th-century BCE play Arrephoros or The Pipe Girl by poet Menander, one character says:

    If you’ve got any sense, you won’t get married […] I’m married myself – which is why I’m advising you not to do it.

    Others lamented that they missed their opportunity for love. So the poet Pindar (6th–5th century BCE) wrote a poem regretting that he could not make the much younger Theoxenus his boyfriend:

    You should have picked love’s flowers at the right time, my heart, when you were young. But as for the sparkling rays from Theoxenus’ eyes, whoever looks on them and is not roiled with longing has a black heart forged with cold fire out of steel or iron.

    Clearly, finding a lover was as difficult then as it is now.

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

    – ref. Avoid bad breath, don’t pick partners when drunk: ancient dating tips to find modern love – https://theconversation.com/avoid-bad-breath-dont-pick-partners-when-drunk-ancient-dating-tips-to-find-modern-love-250792

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Banking: Panasonic HD develops “SparseVLM” technology that doubles the processing speed of Vision-Language Model

    Source: Panasonic

    Headline: Panasonic HD develops “SparseVLM” technology that doubles the processing speed of Vision-Language Model

    Figure 1: Comparison of “SparseVLM” and existing sparsification methods (quoted from the accepted paper)

    Osaka, Japan, July 4, 2025 – Panasonic R&D Company of America (PRDCA) and Panasonic Holdings Co., Ltd. (Panasonic HD), in collaboration with researchers from Peking University, Fudan University, University of California, Berkeley, and Shanghai Jiao Tong University, have developed “SparseVLM,” a technology that speeds up Vision-Language Models (VLMs), AI models that can understand and process both visual data such as images and videos, and text data.In recent years, VLMs have seen rapid development. These models can process visual and textual information simultaneously and can answer questions about visual content. However, handling a large amount of data, especially high-resolution images and long videos, leads to longer inference times and higher computational complexity for the AI model. “SparseVLM” adopts a novel approach by focusing solely on the visual information relevant to the input prompt (Figure 1), significantly reducing inference time and computational complexity while maintaining high accuracy in answering questions about images.This research has been accepted for presentation at the 42nd International Conference on Machine Learning (ICML2025), one of the premier conferences for AI and machine learning research. The conference will take place in Vancouver, Canada from July 13 to July 19, 2025.

    MIL OSI Global Banks –

  • MIL-OSI Banking: Panasonic HD develops “SparseVLM” technology that doubles the processing speed of Vision-Language Model

    Source: Panasonic

    Headline: Panasonic HD develops “SparseVLM” technology that doubles the processing speed of Vision-Language Model

    Figure 1: Comparison of “SparseVLM” and existing sparsification methods (quoted from the accepted paper)

    Osaka, Japan, July 4, 2025 – Panasonic R&D Company of America (PRDCA) and Panasonic Holdings Co., Ltd. (Panasonic HD), in collaboration with researchers from Peking University, Fudan University, University of California, Berkeley, and Shanghai Jiao Tong University, have developed “SparseVLM,” a technology that speeds up Vision-Language Models (VLMs), AI models that can understand and process both visual data such as images and videos, and text data.In recent years, VLMs have seen rapid development. These models can process visual and textual information simultaneously and can answer questions about visual content. However, handling a large amount of data, especially high-resolution images and long videos, leads to longer inference times and higher computational complexity for the AI model. “SparseVLM” adopts a novel approach by focusing solely on the visual information relevant to the input prompt (Figure 1), significantly reducing inference time and computational complexity while maintaining high accuracy in answering questions about images.This research has been accepted for presentation at the 42nd International Conference on Machine Learning (ICML2025), one of the premier conferences for AI and machine learning research. The conference will take place in Vancouver, Canada from July 13 to July 19, 2025.

    MIL OSI Global Banks –

  • MIL-OSI China: China to host Digital Silk Road Development Forum in time-honored port city

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

    BEIJING, July 3 — This year’s World Internet Conference (WIC) Digital Silk Road Development Forum will be held on July 24 in the city of Quanzhou, east China’s Fujian Province, according to a WIC press conference on Thursday.

    The forum will feature discussions on a variety of topics, such as inclusive cooperation on digital trade under the Belt and Road Initiative, AI empowerment for high-quality development of the private economy, and digital-intelligent transformation and sustainable development of international logistics, according to the WIC.

    At the press conference, Ren Xianliang, secretary-general of the WIC, said the forum will also feature discussions on AI development and governance, studies on innovation in and development of the digital economy, and digital presentation of traditional Chinese culture, among others.

    Located on the narrow plains along the Fujian coastline, Quanzhou was one of the largest ports along the historic Maritime Silk Road, particularly during China’s Song Dynasty (960-1279) and Yuan Dynasty (1271-1368). In 2021, the city won UNESCO World Cultural Heritage status.

    MIL OSI China News –

  • MIL-OSI China: Landmark effort launched at Beijing conference to democratize digital processes

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

    .

    As the digital economy reshapes societies, a critical question emerges: how can its benefits move beyond privileged tech hubs to empower cities everywhere?

    At the 2025 Global Digital Economy Conference in Beijing, more than 40 partner cities spanning Europe, North America, Asia-Pacific, the Middle East and Latin America answered by launching the Global Digital Economy Cities Alliance (DEC40) — a landmark effort to democratize digital processes.

    While 5G and artificial intelligence (AI) advance rapidly, infrastructure gaps and governance challenges exclude billions, especially in developing nations. DEC40 directly tackles it by institutionalizing multilateral cooperation on cross-border data rules, ethical AI and smart city solutions — frameworks essential for inclusive growth.

    This photo taken on July 2, 2025 shows a sign of the Global Digital Economy Conference 2025 in Beijing, capital of China. (Xinhua/Zhang Chenlin)

    CHINA’S ROLE AS CATALYST

    “Technologies from industry and academia need multilateral platforms to become true ‘digital public goods,’” stressed Zhao Houlin, former secretary-general of the International Telecommunication Union, at the conference running from Wednesday to Saturday.

    China’s practical models, showcased through DEC40, offer scalable blueprints: The digital governance platform of the city of Beijing streamlines administrations, serving 500,000 civil servants. Its Level-4 autonomous vehicles logged 170 million km, a replicable testbed for global urban mobility.

    “Urban development in the digital era requires not just technological breakthroughs, but also new ideas for governance and stronger international cooperation,” said Jiang Guangzhi, director of the Beijing Municipal Bureau of Economy and Information Technology. “We are ready to share our practice and provide a ‘Beijing Solution.’”

    “These innovations will be shared through the DEC40 platform to help other cities, especially in developing countries, adopt adaptable technology solutions,” Jiang added.

    Under DEC40, Beijing has a preliminary plan to implement three major initiatives. Over the next three years, the Chinese capital aims to provide digital infrastructure planning and consulting services to 100 cities in developing countries, train 100 city-level digital governance officers, and jointly build 10 demonstration projects in smart agriculture and digital healthcare.

    Beijing has already established connections with cities in countries such as Angola and Tajikistan, and the first training course for 50 officials is expected to be launched this year.

    Looking ahead, Rakhimova Durdona Shukurrullayevna, deputy mayor of Tashkent, Uzbekistan, believed that cooperation with Beijing will help ensure every resident shares in digital dividends.

    This photo taken on April 17, 2025 shows a China-developed WeRide Robobus (front) operating at an airport in Zurich, Switzerland. (Xinhua)

    PRIVATE SECTOR’S CROSS-BORDER IMPACT

    Beyond government-led efforts, Chinese private companies are also expanding their global footprint in the digital economy and taking their digital expertise to the world stage.  

    Chinese autonomous driving leaders like Pony.ai and WeRide now operate across more than eight countries, from Paris to Riyadh, contributing to local job creation in operations and tech support.

    “Our expansion attracts global suppliers to invest locally, building industrial clusters,” said Peng Jun, Pony.ai co-founder and chief executive officer.

    And benefits go beyond factories. According to Zhang Yuxue, WeRide’s director of PR and marketing, local partnerships have also led to job creation in areas such as fleet management and technical support.

    As Chinese autonomous driving firms gain global traction, collaboration with global players is deepening. Uber, for instance, has teamed up with WeRide and Pony.ai to integrate Chinese-developed autonomous driving technologies into its ride-hailing platform, starting with pilot operations in the Middle East.

    “It’s clear that the future of mobility will be increasingly shared, electric and autonomous,” said Uber CEO Dara Khosrowshahi. “We look forward to working with Chinese leading autonomous vehicle companies to help bring the benefits of autonomous technology to cities around the world.”

    Co-organized with the UN Development Program, the Global Digital Economy Conference signals that “digital inclusion is now a shared governance imperative.” As Beate Trankmann, resident representative of the United Nations Development Program in China, underscored, collective action turns tech potential into “tangible human benefits.”

    MIL OSI China News –

  • MIL-OSI Australia: On Country and in demand: Tackling remote teacher shortages

    Source:

    04 July 2025

    Sports day on Country.

    When a dry creek bed is your classroom, science connects to the land, and sports day kicks off amid a cloud of red dust, you know you’re on Country out bush.

    For a group of UniSA student teachers, the opportunity to teach in remote South Australia offers more than cultural immersion – it’s a chance to connect with community, embrace new ways of learning, and potentially spark a career in Aboriginal education.

    This National NAIDOC Week, UniSA is highlighting its remote teaching placements in the Anangu Lands, spanning Anangu Pitjantjatjara Yankunytjatjara (APY) and Yalata Lands, aiming to inspire future teachers, while addressing workforce shortages in regional and remote Australia.

    The timing is significant, with the State’s Aboriginal Education Strategy, Impact Report showing that teaching support in the APY Lands has helped deliver the highest average preschool attendance in five years.

    Already, four of last year’s eight placement students have returned to continue teaching in the APY Lands while completing their degrees.

    With more than 30 years’ experience in Aboriginal education, UniSA’s Associate Director: Regional Engagement, Dr Sam Osborne, says encouraging students to explore remote teaching placements is vital to building the remote workforce.

    “When there’s a teacher shortage in Australia, we know there’s a desperate teacher shortage in rural and remote Australia,” Dr Osborne says.

    “These areas can seem daunting – they’re unfamiliar, far from family and friends, and may lack creature comforts – but they also offer incredibly rewarding experiences in close-knit and supportive communities.

    “Our placement program provides third-year education students with a unique opportunity to spend six weeks living and teaching in Anangu communities, alongside the world’s oldest continuing culture.

    “They live, learn and teach between the classroom, and on Country. Whether it’s working with Elders to link native plants with science, teaching kindy kids colours in Pitjantjatjara and Yankunytjatjara, or making maths fun by tallying bird species observed on Country.

    “Importantly, students are supported by the community as they learn their craft in a cultural and language context that few Australians ever encounter.”

    The Anangu schools’ partnership includes 10 schools spanning the far north and west of South Australia, including The APY Lands, Maralinga Tjarutja, and Yalata with around 200 local and non-local educators working in these schools.

    UniSA student teachers and team connecting at Yulara.

    Sophia, a third-year UniSA education student who recently returned from a six-week placement in Pipalyatjara Anangu School, says her stay was transformative.

    “One of the first things you notice is the scale of the Australian outback. From the desert plains to endless skies over the mountain ranges, you know you’re about to experience something completely different,” Sophia says.

    “Teaching at an Anangu school was so unique, and it very strongly connected to culture.

    “We often took learning outdoors – using hopscotch or other made-up games to teach language and numbers – which the kids loved because they’re such outdoor people.

    “There were also amazing opportunities to learn from people in the community. On family days, we’d sit with an Elder to hear stories of their history, their travels, or more practical things like how to mix bush medicines or make spears.

    “The local people are beautiful – gentle, kind and insightful, and they have a quiet confidence that really stayed with me.

    “This placement was unlike anything I’ve ever done. I felt welcomed in the community and I can’t wait to return – hopefully next year.”

    The program includes a three-day language and culture orientation run by Iwiri Aboriginal corporation, a mid-placement visit to the UniSA site at Ernabella, and a post-placement debrief at Uluru. Students are supported by experienced staff and take part in on-Country experiences and excursions.

    “This program provides high-quality support for preservice teachers who want to challenge themselves personally and professionally in a new context,” Dr Osborne says.

    “They are developing far more than classroom skills – they’re building cultural understanding, lasting connections, and for many, a sense of purpose that could shape their careers.”

    In partnership with the SA Department for Education, UniSA is also running a two-week field trip for students interested in teaching in remote areas.

    …………………………………………………………………………………………………………………………

    Contact for interview: Dr Sam Osborne E: Sam.Osborne@unisa.edu.au
    Media contact: Annabel Mansfield M: +61 479 182 489 E: Annabel.Mansfield@unisa.edu.au

    MIL OSI News –

  • MIL-OSI: Demo Copy now available on desktop — Start copying Lead Traders in a simulated trading environment

    Source: GlobeNewswire (MIL-OSI)

    KINGSTOWN, St. Vincent and the Grenadines, July 03, 2025 (GLOBE NEWSWIRE) — WOO X, a leading global crypto trading platform, is thrilled to announce that Demo Copy, a cornerstone feature of our social trading product, is now live on desktop, expanding access beyond its initial launch on mobile.

    This exciting update makes it easier than ever for traders to experience zero-cost crypto paper trading on their preferred devices.

    Demo Copy is a zero-cost crypto paper trading tool designed to help users simulate copying trades from top lead traders using virtual funds in a fully simulated trading environment. Many traders hesitate to start copy trading due to fear of loss and uncertainty about strategy performance. By replicating real trading with virtual funds, Demo Copy allows users to learn, practice, and build confidence before committing real capital.

    Since its debut on the WOO X mobile app, Demo Copy has empowered countless users to explore copy trading safely and effectively. Now, with the desktop version available, even more traders can take advantage of this innovative tool.

    Key Features

    Follow Lead Traders’ moves in real time: Track and replicate the trades of seasoned lead traders as they happen, gaining insight into their strategies without risking your own capital.

    Interactive dashboard with performance metrics: Monitor key indicators such as Return on Investment (ROI) and Profit and Loss (PnL) on an intuitive dashboard, helping you evaluate the effectiveness of different trading strategies.

    Compare Lead Traders: Explore and analyze multiple lead traders’ performance and trading styles to select the ones that align with your risk tolerance and goals.

    CounterTrading feature: Take advantage of WOO X’s innovative CounterTrading tool, which allows you to strategically hedge by taking opposite positions against lead traders when market conditions call for it.

    Learn, practice, and optimize: Demo Copy is designed to help users build confidence and sharpen their trading skills by practicing in a simulated environment before committing real funds. This hands-on experience helps avoid common pitfalls and better prepares traders for live copy trading.

    How to start copying Lead Traders on WOO X

    1. If you aren’t registered yet, create your WOO X account by signing up here: https://woox.io/en/register
    2. Learn all about Social Trading and its benefits by visiting the dedicated overview page: https://woox.io/en/social-trading
    3. Visit the Social Trading page to browse a curated list of top-performing Lead Traders, each with detailed profiles showcasing key metrics like ROI, PnL, win rate, and drawdown: https://woox.io/en/social-trading/marketplace
    4. Explore our curated selection of Hyperliquid whales tracking the performance of well-known whale traders on the Hyperliquid protocol: https://woox.io/en/social-trading/strategy?lt_id=683a65dcd94c3031fef64b78&strategy_id=6840fcb86d451a15cd8b908d

    Ben Yorke, Vice President of Ecosystem at WOO X, said:

    “We’re excited to bring Demo Copy to desktop, making it even easier for traders to experience the power of social trading without risking real capital. Demo Copy is designed to break down barriers for new and experienced traders alike by providing a zero-cost, fully simulated environment where users can learn, practice, and build confidence by following top lead traders in real time. At WOO X, we believe that by democratizing access to advanced trading tools and education, we can foster a smarter, safer, and more inclusive crypto trading ecosystem. This launch is a significant step toward that mission, enabling more people to take their first confident steps into the world of copy trading.”

    Closing remarks
    Demo Copy lowers entry barriers and encourages wider crypto adoption by providing a safe simulated environment where users can practice and test trading strategies. This accessible approach helps traders build confidence and skills before moving to live trading, making crypto markets more inclusive and approachable.

    At WOO X, our mission is to make crypto trading smarter, safer, and more accessible for everyone. To welcome new users, don’t miss our Welcome Bonus offer when you complete KYC verification: https://woox.io/blog/welcome-bonus-kyc

    Ready to start?
    Download the WOO X App or log in now to try Demo Copy today and take your first step into Social Trading: https://woox.io/download

    Contact: media@woo.network

    About WOO X
    WOO X is a global centralized crypto futures and spot trading platform offering the best-in-class liquidity and price execution. WOO X has achieved a daily volume exceeding $1.6 billion and is home to hundreds of thousands of traders worldwide. WOO X traders benefit from radical transparency through our industry-first live Proof of Reserves & liabilities dashboard and the company’s mission to maintain the trust of its growing community of traders.

    Disclaimers

    The information provided in this article is for general informational purposes only and does not constitute financial, investment, legal advice or professional advice of any kind. While we have made every effort to ensure that the information contained herein is accurate and up-to-date, we make no guarantees as to its completeness or accuracy. The content is based on information available at the time of writing and may be subject to change.

    Cryptocurrencies involve significant risk and may not be suitable for all investors. The value of digital currencies can be extremely volatile, and you should carefully consider your investment objectives, level of experience, and risk appetite before participating in any staking or investment activities.

    We strongly recommend that you seek independent advice from a qualified professional before making any investment or financial decisions related to cryptocurrencies. We shall in NO case be liable for any loss or damage arising directly or indirectly from the use of or reliance on the information contained in this article.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ce311f0f-d596-4fba-b73e-9d13005d9a61

    The MIL Network –

  • MIL-OSI USA News: Fact Sheet: President Donald J. Trump Makes Our National Parks Great Again

    Source: US Whitehouse

    PUTTING AMERICANS FIRST: Today, President Donald J. Trump signed an Executive Order investing in our national treasures by increasing fees for foreign tourists visiting our national parks to improve services, access, and affordability for Americans.

    • The Order directs the Secretary of the Interior to increase fees only for foreign visitors, while making national parks more affordable and enjoyable for American families.  
    • The Order increases national park access to American families by directing the National Park Service to ensure that U.S. residents receive priority access in any permitting or reservation systems.

    MAKING OUR NATIONAL PARKS BEAUTIFUL AGAIN: The increased fee revenue from foreign tourists will raise hundreds of millions for conservation projects that improve our national parks.

    • Charging higher entrance fees to foreign tourists is a common policy at national parks throughout the world that supports both conservation and affordable access for residents.
    • Increasing entry fees at national parks for foreign visitors will fuel investment in our national parks, reduce the maintenance backlog, construct critical infrastructure improvements, and support conservation projects that improve our majestic national parks.
    • Increasing fees for foreign visitors will also ensure fairness. American citizens fund national parks and public lands with their tax dollars, yet they are currently charged the same rate as foreign visitors who do not pay taxes, meaning that American citizens pay more to see their own national treasures than foreign visitors do. President Trump is ending this unfair situation and putting Americans first.
    • When President Trump signed into law the Great American Outdoors Act in 2020, the National Park Service’s maintenance backlog was $14.9 billion. Under the Biden Administration’s mismanagement, the maintenance backlog grew to over $22.9 billion. This Order will improve our national parks and reduce the maintenance backlog.

    HONORING OUR CONSERVATION LEGACY: Since the days of Republican President Teddy Roosevelt, America has led the world in conservation policy. This Order builds on America’s conservative, conservationist history and reinvests in our natural treasures while putting Americans first.

    • During President Trump’s first term, he signed the Great American Outdoors Act—the single largest investment in America’s national parks and public lands in history and the most significant conservation achievement since Teddy Roosevelt’s presidency.
    • This Order builds on President Trump’s legacy as a conservation President and fulfills his promise to put Americans first.

    MIL OSI USA News –

  • MIL-OSI USA News: Fact Sheet: President Donald J. Trump Establishes Make America Beautiful Again Commission

    Source: US Whitehouse

    MAKING AMERICA BEAUTIFUL AGAIN: Today, President Donald J. Trump signed an Executive Order establishing the Make America Beautiful Again (MABA) Commission to conserve America’s lands and waters, cut red tape, and drive conservation and economic growth.

    • The MABA Commission will be chaired by Secretary of the Interior Doug Burgum and comprised of members of President Trump’s Administration.
    • Guided by our Nation’s rich history, the MABA Commission will work to expand access to recreation for outdoorsmen, hunters, anglers, hikers, bikers, climbers, skiers, runners, and all Americans seeking to spend time in nature.
    • The MABA Commission is tasked with expanding access to public lands and waters for recreation and incentivizing voluntary conservation efforts.
    • Using gold-standard science, the MABA Commission will promote active forest management and responsible stewardship of our public lands, while reducing bureaucratic delays that hinder effective environmental management and put our forests and rural communities at risk.

    EXPANDING ACCESS TO PUBLIC LANDS: President Trump wants to preserve America’s natural beauty and expand outdoor recreation for future generations.

    • As the Roosevelt Arch at Yellowstone National Park states, America’s public lands are “for the benefit and enjoyment of the people.” Therefore, the MABA Commission will work to expand access to America’s natural wonders for the enjoyment of the American people.
    • The outdoor recreation economy creates $1.2 trillion in economic output and supports 5 million jobs.
    • The Biden Administration unnecessarily restricted outdoorsmen’s access to public lands and deprived them of the ability to responsibly hunt and fish in certain areas.
    • Years of mismanagement have unnecessarily reduced public access to and enjoyment of outdoor recreational areas

    CONSERVING AMERICAN TREASURES: The MABA Commission will build on the legacy of conservative conservationists like President Teddy Roosevelt and protect our Nation’s natural treasures.

    • During President Trump’s first term in office, his Administration recovered more endangered or threatened species than any other administration in its first term.
    • President Trump signed the Great American Outdoors Act during his first term—the largest investment in America’s national parks and public lands in history and the most significant development in conservation policy since Teddy Roosevelt.
    • During President Trump’s first term, his Administration designated 1.3 million new acres of wilderness, added 1,645 miles of new trails to the National Recreational Trails System, and expanded hunting and fishing opportunities across more than 2.3 million acres of land.
    • President Trump has worked to protect American industries while maintaining standards that allow Americans to have among the cleanest air and water in the world.

    MIL OSI USA News –

  • MIL-OSI: Find Mining Launches One-Stop AI Cloud Mining for Sustainable Digital Wealth

    Source: GlobeNewswire (MIL-OSI)

    London, UK,, July 03, 2025 (GLOBE NEWSWIRE) — As Bitcoin returns to the $100,000 mark and global demand for clean energy and remote computing services continues to grow, Find Mining, a long-established cloud mining platform founded in 2018, announced that it has officially launched a new one-stop multi-currency AI cloud mining solution and supporting mobile applications, committed to providing global users with a smarter, low-threshold, and sustainable way to increase the value of digital assets.

    Driven by a new round of bull market, the demand for green computing power is rising

    According to the latest market information from CoinDesk, the price of Bitcoin continued to fluctuate around $100,000 in early July, and there were clear signs of institutional funds and mainstream ETF funds returning. At the same time, many places in the United States and Europe have approved the establishment of a new round of renewable energy data centers and mines, pushing the concept of “green mining” to become the focus of market attention again.

    Find Mining seized the market window and launched a multi-currency cloud mining solution based on AI computing power scheduling, providing a one-stop smart mining channel for ordinary users around the world.

     Breaking down traditional barriers: one-click excavation, global coverage

    Since its establishment in 2018, Find Mining has provided cloud mining services in more than 190 countries and regions around the world, attracting more than 9 million registered users. The core highlight of the new version is the introduction of the AI ​​intelligent allocation system. Registered users can automatically start mining BTC, ETH, SOL, XRP, DOGE and other multi-currency combinations without having to configure mining machines or select mining pools by themselves.

    “We have been committed to using technology to lower the threshold so that more people can fairly share the dividends brought by decentralized finance. AI intelligent computing power scheduling and new mobile products mean that users only need to register and select contracts to start mining with one click and receive daily income.” The head of global markets at Find Mining said in a press release.

    Four core highlights: AI + green energy + multi-currency + global support

    AI intelligent scheduling: Based on the real-time on-chain difficulty, currency price and handling fee fluctuations, it automatically optimizes the computing power allocation and improves the unit cost-benefit ratio.

    Green energy power supply: More than 70% of Find Mining’s current computing power is supported by wind power, hydropower and solar power data centers, contributing to the global carbon emission reduction goals.

    Flexible collection of multiple currencies: Supports settlement of mainstream currencies such as BTC, ETH, USDT, XRP, SOL, and users can freely switch to withdraw asset portfolios.

    Visual income management: Embedded real-time income dashboard, contract income is settled daily, and you can withdraw or reinvest at any time when the balance reaches US$100.

    Sign up and get $15, flexible and low investment threshold

    Find Mining offers a $15 computing power reward for new users upon registration, and a $0.60 reward for daily login and sign-in, lowering the trial threshold.

    Currently, it supports flexible mining contracts from 1 day to 60 days, with a minimum investment of only $15. The income is credited daily and calculated in real time based on the market exchange rate. All fees are open and transparent, without any additional management fees or hidden exchange fees.

    Compliance and safety are the foundation

    Faced with increasingly stringent regulation of cloud mining services in Europe, America and around the world, Find Mining continues to increase its investment in technology and compliance security:

    The platform has access to McAfee® network security protection and Cloudflare® anti-DDoS technology, while using cold wallet asset isolation, dedicated servers, and 7×24 hours global multilingual customer service to provide multiple guarantees for user funds and data security.

    Industry analysts pointed out that green energy, AI computing power scheduling and a highly transparent profit structure are the core elements for Find Mining to continue to gain the trust of the global market.

    About Find Mining

    Find Mining is headquartered in London. Since its establishment in 2018, it has focused on providing sustainable, secure and transparent remote cloud computing services to individuals and institutional users around the world, reducing the technical threshold and energy consumption costs of mining cryptocurrencies such as Bitcoin. At present, Find Mining has built distributed green energy data centers in North America, Europe, Asia and other regions, supporting flexible combination mining of multiple currencies such as BTC, ETH, DOGE, XRP, SOL, etc., helping users achieve long-term and stable digital wealth growth in the trend of decentralized finance.

    Learn more

    Visit the official website www.findmining.com

    or download the Find Mining App to start your low-threshold, safe and sustainable crypto asset passive income journey.

    Official email: info@findmining.com

    Disclaimer: This announcement is for informational purposes only and does not constitute financial advice, investment solicitation, or a trading recommendation. Cryptocurrency mining and staking carry risk, including potential loss of capital. Always conduct due diligence and consult a licensed financial advisor before making investment decisions.

    The MIL Network –

  • MIL-OSI: Find Mining Launches One-Stop AI Cloud Mining for Sustainable Digital Wealth

    Source: GlobeNewswire (MIL-OSI)

    London, UK,, July 03, 2025 (GLOBE NEWSWIRE) — As Bitcoin returns to the $100,000 mark and global demand for clean energy and remote computing services continues to grow, Find Mining, a long-established cloud mining platform founded in 2018, announced that it has officially launched a new one-stop multi-currency AI cloud mining solution and supporting mobile applications, committed to providing global users with a smarter, low-threshold, and sustainable way to increase the value of digital assets.

    Driven by a new round of bull market, the demand for green computing power is rising

    According to the latest market information from CoinDesk, the price of Bitcoin continued to fluctuate around $100,000 in early July, and there were clear signs of institutional funds and mainstream ETF funds returning. At the same time, many places in the United States and Europe have approved the establishment of a new round of renewable energy data centers and mines, pushing the concept of “green mining” to become the focus of market attention again.

    Find Mining seized the market window and launched a multi-currency cloud mining solution based on AI computing power scheduling, providing a one-stop smart mining channel for ordinary users around the world.

     Breaking down traditional barriers: one-click excavation, global coverage

    Since its establishment in 2018, Find Mining has provided cloud mining services in more than 190 countries and regions around the world, attracting more than 9 million registered users. The core highlight of the new version is the introduction of the AI ​​intelligent allocation system. Registered users can automatically start mining BTC, ETH, SOL, XRP, DOGE and other multi-currency combinations without having to configure mining machines or select mining pools by themselves.

    “We have been committed to using technology to lower the threshold so that more people can fairly share the dividends brought by decentralized finance. AI intelligent computing power scheduling and new mobile products mean that users only need to register and select contracts to start mining with one click and receive daily income.” The head of global markets at Find Mining said in a press release.

    Four core highlights: AI + green energy + multi-currency + global support

    AI intelligent scheduling: Based on the real-time on-chain difficulty, currency price and handling fee fluctuations, it automatically optimizes the computing power allocation and improves the unit cost-benefit ratio.

    Green energy power supply: More than 70% of Find Mining’s current computing power is supported by wind power, hydropower and solar power data centers, contributing to the global carbon emission reduction goals.

    Flexible collection of multiple currencies: Supports settlement of mainstream currencies such as BTC, ETH, USDT, XRP, SOL, and users can freely switch to withdraw asset portfolios.

    Visual income management: Embedded real-time income dashboard, contract income is settled daily, and you can withdraw or reinvest at any time when the balance reaches US$100.

    Sign up and get $15, flexible and low investment threshold

    Find Mining offers a $15 computing power reward for new users upon registration, and a $0.60 reward for daily login and sign-in, lowering the trial threshold.

    Currently, it supports flexible mining contracts from 1 day to 60 days, with a minimum investment of only $15. The income is credited daily and calculated in real time based on the market exchange rate. All fees are open and transparent, without any additional management fees or hidden exchange fees.

    Compliance and safety are the foundation

    Faced with increasingly stringent regulation of cloud mining services in Europe, America and around the world, Find Mining continues to increase its investment in technology and compliance security:

    The platform has access to McAfee® network security protection and Cloudflare® anti-DDoS technology, while using cold wallet asset isolation, dedicated servers, and 7×24 hours global multilingual customer service to provide multiple guarantees for user funds and data security.

    Industry analysts pointed out that green energy, AI computing power scheduling and a highly transparent profit structure are the core elements for Find Mining to continue to gain the trust of the global market.

    About Find Mining

    Find Mining is headquartered in London. Since its establishment in 2018, it has focused on providing sustainable, secure and transparent remote cloud computing services to individuals and institutional users around the world, reducing the technical threshold and energy consumption costs of mining cryptocurrencies such as Bitcoin. At present, Find Mining has built distributed green energy data centers in North America, Europe, Asia and other regions, supporting flexible combination mining of multiple currencies such as BTC, ETH, DOGE, XRP, SOL, etc., helping users achieve long-term and stable digital wealth growth in the trend of decentralized finance.

    Learn more

    Visit the official website www.findmining.com

    or download the Find Mining App to start your low-threshold, safe and sustainable crypto asset passive income journey.

    Official email: info@findmining.com

    Disclaimer: This announcement is for informational purposes only and does not constitute financial advice, investment solicitation, or a trading recommendation. Cryptocurrency mining and staking carry risk, including potential loss of capital. Always conduct due diligence and consult a licensed financial advisor before making investment decisions.

    The MIL Network –

  • MIL-OSI: Diversified Royalty Corp. Announces July 2025 Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, July 03, 2025 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to confirm that DIV’s annual dividend has increased from 25.0 cents per share to 27.5 cents per share effective July 1, 2025 as previously announced on June 17, 2025. In accordance with the dividend increase, DIV is pleased to announce that its board of directors has approved a cash dividend of $0.02292 per common share for the period of July 1, 2025 to July 31, 2025, which is equal to $0.275 per common share on an annualized basis. The dividend will be paid on July 31, 2025 to shareholders of record as of the close of business on July 15, 2025.

    About Diversified Royalty Corp.

    DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.

    DIV currently owns the Mr. Lube + Tires, AIR MILES®, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, BarBurrito and Cheba Hut trademarks. Mr. Lube + Tires is the leading quick lube service business in Canada, with locations across Canada. AIR MILES® is Canada’s largest coalition loyalty program. Sutton is among the leading residential real estate brokerage franchisor businesses in Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is a home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is one of Canada’s leading franchisee supplemental education services. Stratus Building Solutions is a leading commercial cleaning service franchise company providing comprehensive janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is the largest quick service Mexican restaurant food chain in Canada. Cheba Hut is a fast casual toasted sub sandwich franchise with locations in the United States.

    DIV’s objective is to increase cash flow per share by making accretive royalty purchases and through the growth of purchased royalties. DIV intends to continue to pay a predictable and stable monthly dividend to shareholders and increase the dividend over time, in each case as cash flow per share allows.

    Forward-Looking Statements

    Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “intend”, “may”, “will”, ”project”, “should”, “believe”, “confident”, “plan” and “intends” and similar expressions are intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specifically, forward-looking information in this news release includes, but is not limited to, statements made in relation to: the amount and timing of the July 2025 dividend to be paid to DIV’s shareholders; DIV’s objective to continue to pay predictable and stable monthly dividends to shareholders; and DIV’s corporate objectives. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events, performance, or achievements of DIV to differ materially from those anticipated or implied by such forward-looking information.

    DIV believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct. In particular there can be no assurance that: DIV will be able to make monthly dividend payments to the holders of its common shares; or DIV will achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking information included in this news release are not guarantees of future performance, and such forward-looking information should not be unduly relied upon. More information about the risks and uncertainties affecting DIV’s business and the businesses of its royalty partners can be found in the “Risk Factors” section of its Annual Information Form dated March 24, 2025 and in its most recent Management’s Discussion and Analysis, copies of each of which are available under DIV’s profile on SEDAR+ at www.sedarplus.com.

    In formulating the forward-looking information contained herein, management has assumed that, among other things, DIV will generate sufficient cash flows from its royalties to service its debt and pay dividends to shareholders; the business and economic conditions affecting DIV and its royalty partners will continue substantially in the ordinary course, including without limitation with respect to general industry conditions, general levels of economic activity and regulations. These assumptions, although considered reasonable by management at the time of preparation, may prove to be incorrect.

    All of the forward-looking statements made in this news release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, DIV. The forward-looking information included in this news release is presented as of the date of this news release and DIV assumes no obligation to publicly update or revise such information to reflect new events or circumstances, except as may be required by applicable law.

    THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

    Additional Information

    Additional information relating to the Corporation and other public filings, is available on SEDAR+ at www.sedarplus.com.

    Contact:
    Sean Morrison, Chief Executive Officer and Director
    Diversified Royalty Corp.
    (236) 521-8470

    Greg Gutmanis, President and Chief Financial Officer
    Diversified Royalty Corp.
    (236) 521-8471

    The MIL Network –

  • MIL-OSI: Magnetic North Acquisition Corp. Announces Cease Trade Order

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta and TORONTO, July 03, 2025 (GLOBE NEWSWIRE) — Magnetic North Acquisition Corp. (TSXV: MNC; MNC.PR.A) (“Magnetic North” or the “Company”) announces that the Alberta Securities Commission (the “ASC”) has issued a cease trade order against the Company for the Company’s failure to file its audited annual financial statements, accompanying management discussion and analysis and certifications for the financial year ended December 31, 2024, and the corresponding condensed interim financial statements, management discussion and analysis and certifications for the three month period ended March 31, 2025. As previously announced, the Company experienced unexpected delays in the preparation of its 2024 annual filings, due April 30, 2025.

    The cease trade order prohibits the trading or purchase by any person or company of any securities of Magnetic North in each jurisdiction in Canada in which the Company is a reporting issuer for as long as the cease trade order remains in effect; however, the cease trade order provides an exception for beneficial securityholders of the Company who are not currently (and who were not as of July 2, 2024) insiders or control persons of the Company may sell securities of the Company if both of the following criteria are met: (a) the sale is made through a foreign organized regulated market, as defined in Section 1.1 of the universal market integrity rules of the Investment Industry Regulatory Organization of Canada; and (b) the sale is made through an investment dealer registered in a jurisdiction of Canada in accordance with applicable securities legislation. The cease trade order revokes the management cease trade order previously issued by the ASC and will remain in place until such time as the required filings have been filed, following which the Company expects that the ASC will revoke the cease trade order.

    The Company also confirms, as of the date of this news release, that there is no other material information concerning the affairs of the Company that has not been generally disclosed.

    About Magnetic North Acquisition Corp.

    Magnetic North invests and manages businesses on behalf of its shareholders and believes that capital alone does not always lead to success. With offices in Calgary and Toronto, our experienced management team applies its considerable management, operations and capital markets expertise to ensure its investee companies are as successful as possible for shareholders. Magnetic North common shares and preferred shares trade on the TSX Venture Exchange under the stock symbol MNC and MNC.PR.A, respectively. Magnetic North was a “2021 TSX Venture 50” recipient.
    For more information about Magnetic North, visit its website at www.magneticnac.com. Magnetic North’s securities filings can also be accessed at www.sedarplus.ca.‎


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

    CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION

    Certain statements in this news release are “forward-looking statements”, which reflect current ‎‎expectations of the ‎management of Magnetic North regarding future events or Magnetic North’s ‎‎future performance. All statements other than ‎statements of historical fact contained in this news ‎‎release may be forward-looking statements. Such forward-looking ‎‎statements involve known and ‎unknown risks, uncertainties and other factors that may cause ‎actual results or ‎events to differ ‎materially from those anticipated in the forward-looking ‎statements. Magnetic North believes ‎that the ‎expectations reflected in such forward-looking ‎statements are reasonable, but no ‎assurance can be given that these ‎expectations will prove to ‎be correct and such forward-‎looking statements should not be unduly relied upon. The ‎forward-‎looking statements are ‎expressly qualified in their entirety by this cautionary statement. The ‎forward-‎looking statements ‎are made as of the date of this news release and Magnetic North ‎assumes no obligation to ‎update or ‎revise them to reflect new events or circumstances, except ‎as expressly required by ‎applicable securities law. ‎Further information regarding risks and ‎uncertainties relating to ‎Magnetic North and its securities can be found in the ‎disclosure ‎documents filed by Magnetic ‎North with the securities regulatory authorities, available at ‎www.sedar.com‎.‎

    The MIL Network –

  • MIL-OSI USA: Rep. Moore Votes “Yes” on One Big Beautiful Bill – Legislation Headed to President’s Desk

    Source: United States House of Representatives – Representative Riley Moore (WV-02)

    Washington, D.C. – Today, the House of Representatives passed the final amended version of H.R. 1, the One Big Beautiful Bill Act. Congressman Riley M. Moore voted “Yes” on the legislation.

    Congressman Moore issued the following statement:

    “In November, the American people gave President Trump a mandate for change after years of mass migration, inflation, and progressive insanity. They demanded secure borders, lower costs, and a return to commonsense. The One Big Beautiful Bill delivers on that America First agenda. I proudly voted ‘Yes’ on this historic legislation.

    “This bill provides the largest border security investment in America’s history – $175 billion to finish the wall, hire thousands of new ICE and Border Patrol agents, and conduct mass deportations – giving the President every tool he needs to restore our national sovereignty. We also provide the largest tax cut in American history – no tax on tips, no tax on overtime, and 88% of seniors will pay no taxes on Social Security.  

    “The bill also embraces fossil fuels to power our economy, reindustrialize the heartland, and beat China in the AI arms race. It fully defunds Planned Parenthood, invests in a 21st century military, increases and makes permanent the Child Tax Credit, permanently extends important business tax credits – including the Section 199A deduction – and cuts spending by more than $1.35 trillion. 

    “President Trump’s signature legislation is a huge win for the American people that puts our nation on the path to a new Golden Age. I can’t wait to see the President sign the One Big Beautiful Bill on Independence Day.”

    ###

    MIL OSI USA News –

  • MIL-OSI: Surgent CPE Announces First-to-Market CPE Webinars Covering One Big Beautiful Bill Act (OBBBA) Tax Reform

    Source: GlobeNewswire (MIL-OSI)

    Industry-leading courses provide timely analysis of major new tax law for accounting and finance professionals

    RADNOR, Pa., July 03, 2025 (GLOBE NEWSWIRE) — Surgent CPE, a recognized leader in continuing professional education for accounting and finance professionals, announced today the immediate availability of two new CPE webinars providing in-depth coverage of the One Big Beautiful Bill Act (OBBBA) just moments after the House’s passage of the bill and its advancement to the president’s desk.

    OBBBA represents the most sweeping tax law since the 2017 Tax Cuts and Jobs Act, and Surgent’s new offerings give professionals a practical, expert-led opportunity to understand both the individual and business tax impacts of the legislation.

    “We know that timely, practical CPE is mission-critical when landmark legislation like the One Big Beautiful Bill Act changes the tax landscape,” said Elizabeth Kolar, executive vice president and managing director of Surgent. “Our new webinars ensure professionals can quickly get up to speed, confidently advise clients, and earn valuable CPE credits at the same time.”

    Two Distinct, In-Depth OBBBA CPE Webinars

    Each live, instructor-led session is worth four CPE credits and may be taken independently. Both webinars are included in Surgent’s Unlimited PLUS subscription or are available for purchase individually.

    “OBBBA will affect tax planning for years to come. Practitioners need more than just the basics—they need real-world insight into how the provisions will impact their clients,” said Nick Spoltore, vice president of tax and advisory content at Surgent. “Our expert team is committed to going beyond the surface, delivering first-to-market, actionable content as new laws become reality.”

    Webinar Details

    Surgent will continue to provide practitioners with timely updates and clarifications as additional guidance and regulations emerge.

    For more information or to register for the new OBBBA CPE webinars, visit SurgentCPE.com.

    About Surgent Accounting & Financial Education
    Surgent Accounting & Financial Education, a division of KnowFully Learning Group, is a provider of high-impact education that accounting, tax, and financial professionals need throughout their careers. For most of the company’s 40-year history, Surgent has been a trusted provider of continuing professional education (CPE), continuing education (CE), and skill-based training that professionals need to maintain their credentials and stay current on industry changes. More recently, Surgent became one of the fastest-growing certification exam review providers, offering predictive AI-based courses that help learners pass accounting and finance credentialing exams faster. Learn more at Surgent.com.

    About KnowFully Learning Group
    The KnowFully Learning Group provides continuing professional education, exam preparation courses and education resources to the accounting, finance and healthcare sectors. KnowFully’s suite of learning solutions helps learners become credentialed, satisfy required credit hours to maintain credentials and stay informed on the latest trends and critical changes in their industries over the course of their careers. The company provides exam preparation and continuing education for accounting, finance and tax professionals headlined by the Surgent Accounting & Financial Education brand. KnowFully’s healthcare education brands include American Fitness Professionals & Associates, ChiroCredit, freeCE, Impact EMS Training, Online CE, PharmCon, Rx Consultant and Psychotherapy.net. For more information, please visit KnowFully.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/08e065d2-75f9-41cd-a539-706963db7ed9

    The MIL Network –

  • MIL-OSI USA: ICE will participate in FELEG Annual Principals Meeting July 7-11 in California

    Source: US Immigration and Customs Enforcement

    WASHINGTON — U.S. Immigration and Customs Enforcement’s acting Director Todd M. Lyons, who serves as the current Five Eyes Law Enforcement Group’s chair, is hosting the group’s Annual Principals Meeting next week in San Diego. Representatives from five countries will meet to discuss emergent technology and growing impacts on global safety.

    FELEG is a collaborative intelligence-sharing law enforcement community that encompasses the FBI, the U.S. Drug Enforcement Administration, the Australian Criminal Intelligence Commission, the Australian Federal Police, the Royal Canadian Mounted Police, the U.K.’s National Crime Agency and the New Zealand Police.

    This year’s discussions will spotlight the race between law enforcement and criminal networks to harness emerging technologies like crypto, artificial intelligence and next-gen communications to stay ahead in a rapidly shifting digital world.

    “As criminal organizations rapidly adapt to new technologies, law enforcement agencies must be equally nimble and innovative,” said Lyons. “This meeting underscores our commitment to leveraging cutting-edge tools and global partnerships to protect communities and uphold the rule of law. By collaborating through the Five Eyes Law Enforcement Group, we can share critical intelligence, enhance our collective capabilities and respond more effectively to transnational threats. Our unified efforts are essential in maintaining security and ensuring justice across our nations, fosters a global partnership that strengthens our international security framework, and promotes mutual trust and cooperation on a global scale.”

    “The key to staying ahead of global criminal networks and emerging threats is collaboration with our most trusted international partners,” said FBI Deputy Director Dan Bongino. “FELEG has long been an effective alliance fighting transnational crime and the FBI remains fully engaged and committed to this partnership.”

    “The annual principals meeting is an opportunity for FELEG to enhance coordination in the fight against transnational serious and organized crime,” said Australian Criminal Intelligence Commission CEO Heather Cook. “With criminal groups constantly increasing their sophistication and reach, enabled by evolving technologies, new and continued partnerships across government, industry and academia are integral in hardening the environment that criminal networks seek to exploit.”

    “While technology provides law enforcement with powerful tools to prevent and combat crime, it also creates new possibilities for exploitation by criminal organizations,” Australian Federal Police Deputy Commissioner Lesa Gale said. “Countering the risks is a multidimensional challenge and requires effective coordination and collaborative efforts, making partnerships like FELEG more important than ever.”

    “Today’s criminal landscape has become increasingly complex with the use of technology as a tool used by serious and organized crime whether it be in drug trafficking, cybercrime, terrorism or financial crime,” said Royal Canadian Mounted Police Commissioner Mike Duheme. “This is why a forum such as FELEG is so important — to identify international criminal threats to public safety and to work together across domestic and FELEG partners to disrupt criminal organizations who care about making profits without regard to human lives.”

    “Serious and organized crime groups do not respect borders,” said National Crime Agency Director General Graeme Biggar. “The harm they cause is felt in communities across the world. While firearms and drug offenses play out on our streets, other crime types are taking place in dark corners online, such as encrypted platforms. The Five Eyes Law Enforcement Group, as a global intelligence sharing community, is crucial to our joint efforts to dismantle global criminal networks using technology to enhance their operations. We have a strong track record in doing just this alongside our FELEG partners, including the NCA-led global takedown of ‘Lockbit,’ the highest harm ransomware-as-a-service network, and the convictions of prolific online sex offenders who exploited and abused children across the world.”

    “Using contemporary technology and working with our most trusted partners continues to be crucial in combating international criminal networks who create harm in communities across the globe,” said New Zealand Police Commissioner Richard Chamber. “Law enforcement organizations need to be making use of technology advancements to meet the evolving challenges presented by these groups, with the ultimate mission to disrupt and dismantle their organizations.”

    Learn more about the international and national partnerships and HSI’s mission here.

    MIL OSI USA News –

  • MIL-OSI USA: Office of the Governor – News Release – Governor, Congressional Delegation Joint Statement on Republican Tax Bill

    Source: US State of Hawaii

    Office of the Governor – News Release – Governor, Congressional Delegation Joint Statement on Republican Tax Bill

    Posted on Jul 3, 2025 in Latest Department News, Newsroom, Office of the Governor Press Releases

    STATE OF HAWAIʻI
    KA MOKU ʻĀINA O HAWAIʻI
     
    JOSH GREEN, M.D.
    GOVERNOR
    KE KIAʻĀINA
     

    GOVERNOR, CONGRESSIONAL DELEGATION JOINT STATEMENT ON REPUBLICAN TAX BILL

    Governor, Delegation: We Are Mobilizing Now To Respond, Protect People

    FOR IMMEDIATE RELEASE
    July 3, 2025

    HONOLULU – Governor Josh Green, M.D., U.S. Senators Brian Schatz and Mazie K. Hirono, and U.S. Representatives Ed Case and Jill Tokuda today released the following statement after Congress passed a Republican tax bill that will cut healthcare coverage through Med-QUEST for more than 40,000 people in Hawai‘i, gut food assistance programs that more than 20,000 Hawai‘i families rely on, and raise the national debt by $3.3 trillion. The bill now goes to the president to be signed into law.

    “The Republican tax bill breaks promises, and guts funding for healthcare and food assistance that thousands of Hawai‘i families rely on every day. It’s a terrible bill that we all strongly opposed.

    “While it won’t be easy to stop all the damage from these cuts, we’re moving quickly to protect our communities. Over the next few weeks, we’ll be meeting with state and local officials, community partners, and service providers to assess the fiscal impact on Hawai‘i and develop operational plans to blunt the harm. That includes coordinating resources, setting local priorities, and making sure the most vulnerable aren’t left without support. These next few years won’t be easy, but we are mobilizing now to respond, protect our people, and make sure Hawai‘i can weather what’s coming.”

     # # #

    Media Contacts:  
    Erika Engle
    Press Secretary
    Office of the Governor, State of Hawai‘i
    Office: 808-586-0120
    Email: [email protected]

    Makana McClellan
    Director of Communications
    Office of the Governor, State of Hawaiʻi
    Cell: 808-265-0083
    Email: [email protected]

    Mike Inacay
    Communications Director
    U.S. Senator Brian Schatz
    [email protected]

    George Flynn
    Communication Director
    U.S. Senator Mazie K. Hirono
    [email protected]

    Nestor Garcia
    Communications Director
    U.S. Representative Ed Case
    [email protected]

    Kristine Uyeno
    Communications Director
    U.S. Representative Jill Tokuda
    [email protected]

    MIL OSI USA News –