Category: Asia Pacific

  • MIL-OSI Asia-Pac: Govt enhances transport service

    Source: Hong Kong Information Services

    The Transport Department today said that the Government is determined to enhance the service quality of personalised point-to-point transport.

    It made the statement in response to press enquiries on the taxi service and complaint figures.

    The department met the taxi trade today to exchange views on enhancing taxi service quality and promoting the healthy development of the industry, and reiterated that the Government will continue to combat the illegal carriage of passengers for hire or reward activities to safeguard the safety and interests of the public.

    To improve the taxi service, the Government has implemented the Taxi-Driver-Offence Points system and the two-tier penalty system as well as introduced a taxi fleet regime to provide quality services to passengers by the use of systematic management and technology.

    The five selected taxi fleet operators are working intensively to prepare for the service commencement which is anticipated to be in place by end-July 2025.

    On the other hand, the Government proposes to mandate the installation of in-vehicle cameras, dash cameras and global navigation satellite systems in all taxi compartments to better protect the rights of passengers. It also proposes to mandate all taxi drivers to provide e-payment means. Follow-up work on the legislative exercise of the relevant proposed provisions is underway.

    On the regulation of online hailed car platforms, while the Government is open-minded in respect of the use of different communications technologies, including the use of online or mobile applications for obtaining personalised point-to-point transport services through online hailing services, it is imperative to ensure that the passenger transport services supported by the use of platforms concerned comply with the laws and regulations.

    The department is conducting a study on the overall demand and supply of personalised point-to-point transport services.

    The Government will, after considering the report of the Working Group for Enhancing Personalised Point-to-Point Transport Services under the Transport Advisory Committee and the views and relevant data collected, formulate legislative proposals on the regulation of online car hailing platforms, vehicles that may provide services complying with the regulations and relevant licensing requirements for the drivers within 2025.

    To combat illegal hire car services in accordance with the law, Police have been taking enforcement actions against illegal carriage of passengers for hire or reward through gathering intelligence via different channels.

    If there is sufficient evidence proving suspected vehicles without a valid hire car permit being used for illegal carriage of passengers for hire or reward, Police will immediately take appropriate enforcement actions.

    People who intend to use a hire car service may enquire with the service operator or make use of the department’s online checking system to ensure the private car concerned has been issued with a valid hire car permit before the journey starts.

    The department stressed that using illegal hire car services can put passengers at risk, as the vehicle’s third party insurance may be invalid in case of a traffic accident.

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Trilateral E-7A agreement marks new milestone with KC-46 certification

    Source: United States Air Force

    Headline: Trilateral E-7A agreement marks new milestone with KC-46 certification

    In a historic first, the U.S. Air Force, Royal Australian Air Force, and Royal Air Force collaborated to rapidly improve global combat capability while gathering critical test data for future acquisition of the E-7A Wedgetail airborne early warning and control aircraft.

    MIL OSI USA News

  • MIL-OSI Security: Trilateral E-7A agreement marks new milestone with KC-46 certification

    Source: United States Air Force

    In a historic first, the U.S. Air Force, Royal Australian Air Force, and Royal Air Force collaborated to rapidly improve global combat capability while gathering critical test data for future acquisition of the E-7A Wedgetail airborne early warning and control aircraft.

    MIL Security OSI

  • MIL-OSI Australia: Wacky and wonderful sports to try in 2025

    Source: Northern Territory Police and Fire Services

    Looking to get active in the new year? If the inside of a gym gives you nightmares, and running isn’t your thing, why not try something with a bit more personality? 

    Canberra offers plenty of fun and unique sports to explore.  

    These sports are a great way to stay active while trying something new and exciting.

    Dodging, ducking, and diving – dodgeball will test your endurance, stamina and skill, all while you have a blast!  

    Urban Rec Canberra host two dodgeball leagues. You can get a team together or register as an individual and make new friends along the way.

    It may be low-profile in Australia, but handball is kind of a big deal. One of the most popular team sports in Europe, over 183 countries play handball – and it’s even in the Olympics!

    This isn’t your traditional schoolyard foursquare. Handball is a high paced, full contact indoor sport that resembles a mix of soccer, netball and basketball.

    Canberra Handball have a variety of competitions, including a social competition that runs all year round – perfect for a novice looking to give the sport a try.

    Broomball is a unique sport that blends elements of ice hockey and field hockey. Instead of skating, players run on the ice wearing special broomball shoes.

    In Canberra, ACT Broomball runs a summer and a winter season. The summer season runs from mid-October until early April, and the winter season typically runs from late April/early May until early October.

    Quadball is a fast-paced, full-contact sport played by hundreds of people across Australia (and thousands more worldwide).  

    Inspired by the fictional sport ‘quidditch’ in the Harry Potter series, the rules of quadball are similar to their source material, with some modifications (and a little less magic).  

    If you’re keen to jump on a broom and get involved – the Canberra Quadball Club is ready to help you get started.

    Combining elements of tennis, badminton and table tennis, pickleball is a favourite with players of all ages and abilities.

    Played indoors or outdoors on a badminton-sized court, pickleball is gaining popularity across the ACT – including at ‘The Pickledome’ in Fadden.

    Pickleball ACT runs daily social play, both northside and southside. There are also tryout sessions.

    Not into team or partner sports? No problem – there are plenty of exciting individual sports to explore.

    Nordic walking transforms a simple walk into a full-body workout. Far more than just walking with poles, this low-impact and affordable exercise is a fun and effective way to stay fit.

    In Canberra, the Capital Nordic Walking community offers beginner courses, skill enhancement lessons, and group walks.

    Looking to unleash your inner Viking? Axe throwing sounds like the sport for you.

    Axe throwing a fun sport where participants throw steel axes at a target to try and receive the highest score. More than just a backyard hobby, axe throwing is a competitive sport with a global following.

    MIL OSI News

  • MIL-OSI Asia-Pac: Foreign Minister Lin hosts welcome luncheon for Polish parliamentary delegation led by Deputy Senate Marshal Kamiński

    Source: Republic of China Taiwan

    Foreign Minister Lin hosts welcome luncheon for Polish parliamentary delegation led by Deputy Senate Marshal Kamiński

    Date:2024-12-13
    Data Source:Department of European Affairs

    December 13, 2024  
    No. 459  

    Minister of Foreign Affairs Lin Chia-lung on December 12 hosted a luncheon to welcome a parliamentary delegation from the Republic of Poland led by Deputy Senate Marshal Michał Kamiński. During the event, the two sides exchanged views on regional developments, Taiwan-Poland relations, and economic and trade exchanges. 
     
    Minister Lin pointed out that both Taiwan and Poland had previously gone through periods of authoritarian rule but had since chosen the path of democracy. He remarked that bilateral relations had steadily advanced in recent years in such areas as the economy, trade, higher education, law enforcement, and science and technology. Minister Lin also affirmed that Taiwan would continue to work with Poland and other like-minded countries to bolster democratic resilience, deepen Taiwan-Europe economic and trade linkages, and forge resilient democratic supply chains throughout the world. 
     
    Furthermore, Minister Lin noted that the Polish-Taiwanese Parliamentarian Group released statements in April last year and May this year advocating Taiwan’s international participation and expressing concern over peace and stability across the Taiwan Strait. He thanked friends from the Polish parliament for taking such concrete action in support of Taiwan and added that he looked forward to further collaborating in the future and deepening bilateral interactions and exchanges.
     
    In his remarks, Deputy Senate Marshal Kamiński stated that Taiwan and Poland could learn from each other through exchanges in such fields as culture, the economy and trade, science and technology, and academia. He also said that due to Poland’s considerable economic development potential, many major Taiwanese enterprises had already invested in Poland, including Chi Mei Frozen Food and Compal, and that he anticipated that even more Taiwanese businesses would seek to develop market opportunities in Poland. 
     
    Taiwan and Poland share such universal values as freedom and democracy. In the future, the two countries will continue to work closely together to jointly promote prosperity and progress and protect hard-earned democratic achievements. (E)

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Attorney General Bonta: Trump Administration Unlawfully Cancelled Grants Intended to Root Out Housing Discrimination

    Source: US State of California

    Wednesday, April 30, 2025

    Contact: (916) 210-6000, agpressoffice@doj.ca.gov

    OAKLAND — California Attorney General Rob Bonta today co-led a coalition of 21 attorneys general in filing an amicus brief in support of non-profit housing organizations harmed by the Trump Administration’s unlawful cancellation of Fair Housing Initiatives Program (FHIP) grants. Congress established FHIP in 1988, requiring the U.S. Department of Housing and Urban Development (HUD) to provide funds to non-profit housing organizations that carry out investigatory, enforcement, education, and outreach activities aimed at rooting out discrimination in the provision of housing. Congress has specifically appropriated funds to HUD for this purpose every year since FHIP’s inception. 

    On February 27, HUD cancelled 78 preexisting FHIP grants — totaling approximately $30 million — effective immediately and with no prior warning. HUD offered no rationale for its action beyond a blanket assertion that the decision was made at the direction of President Trump and the Department of Government Efficiency because the grants purportedly “no longer effectuate…the program goals or agency priorities.” Three non-profit housing organizations that receive FHIP grants subsequently filed a class-action lawsuit — Massachusetts Fair Housing Center v. HUD — against the Trump Administration on behalf of all similarly situated organizations that had FHIP grants terminated on February 27. California is home to at least 7 fair housing organizations whose FHIP funds would be terminated. 

    “As I’ve said over and over again, the Trump Administration is not above the law. My fellow attorneys general and I are proud to be supporting non-profit organizations that Congress tasked to root out housing discrimination in our communities. The termination of these grants was illegal, and they must be reinstated,” said Attorney General Bonta. “The stakes are high — many of these non-profit organizations would be forced to close their doors without the grants and our states would suffer severe harms in tackling housing discrimination.” 

    On March 26, 2025, the class of non-profit housing organizations secured a temporary restraining order from the U.S. District Court for the District of Massachusetts requiring the Trump Administration to continue providing the FHIP grants. The court, however, later dissolved the temporary restraining order and the non-profit housing organizations are currently asking that it be reinstated.  

    In the amicus brief, which was filed in the U.S. Court of Appeals for the First Circuit, the attorneys general argue that: 

    • If allowed to take effect, HUD’s sudden and unlawful action will immediately and severely upend the important work of these FHIP organizations, resulting in more housing discrimination being left undetected and unredressed in their states. 
    • In several crucial ways, the work done by the non-profit housing organizations complements the efforts of their states to provide safe, fair, and affordable housing to their residents while easing administrative burdens on their states. For example, a FHIP organization in California brought significant evidence to the California Civil Rights Department demonstrating that a property-management company in the San Francisco Bay Area had adopted overly restrictive rules that effectively barred rental applications from families with young children. Based on that evidence, the Department filed a lawsuit, which yielded a consent decree in 2023 prohibiting these rules and requiring restitutionary payments to affected families. 
    • The non-profit housing organizations are likely to succeed on the merits of their claims. HUD’s determination to void 78 preexisting FHIP grants, with no explanation or consideration of the consequences to their states and their residents and communities, was arbitrary and capricious in violation of the Administrative Procedure Act. 

    Joining Attorney General Bonta in co-leading today’s amicus brief are New York Attorney General Leticia James and Massachusetts Attorney General Andrea Campbell. They are joined by the attorneys general of Arizona, Colorado, Connecticut, Delaware, the District of Columbia, Hawaii, Illinois, Maine, Maryland, Minnesota, Nevada, New Jersey, New Mexico, North Carolina, Oregon, Rhode Island, Vermont, and Washington. 

    A copy of the amicus brief can be found here.

    # # #

    MIL OSI USA News

  • MIL-OSI Europe: Visit the EU institutions to celebrate Europe Day!

    Source: European Union 2

    The Schuman Declaration laid the foundations for the European Union and paved the way for an unprecedented era of prosperity, peace, democracy, solidarity and cooperation in Europe.

    To mark the occasion, many events will take place in EU Member States and around the world, bringing together citizens from all walks of life. The EU institutions will open their doors and invite citizens to visit their premises, discover their work and engage in a wide range of educational and entertaining activities.

    Landmark buildings and monuments across the globe will be illuminated in the EU colours, while a special Europe Day programme is planned for Expo 2025 in Osaka, Japan.

    In times of global uncertainty, Europe remains an anchor of stability – a place of opportunity and protection for its citizens. The EU and its institutions are working towards the common goal of ensuring prosperity and competitiveness, guaranteeing our security and defence, while upholding the fundamental values Europeans care about.

    European Parliament

    On 4 May, citizens of all ages will be able to attend the official Europe Day opening ceremony and take a seat in the hemicycle of the European Parliament in Strasbourg. The ceremony will begin with a video message from President Roberta Metsola, followed by a speech from Vice-President Younous Omarjee, and a musical performance by the Voix de Stras’ ensemble. Through various exhibits and interactive activities, visitors will learn how the Parliament works, how laws are made, and why European politics matters. Visitors will also be able to visit the “Changemakers” exhibition. On 10 May, the public will once again be given the chance to discover European democracy in action at the Parliament’s hemicycle in Brussels, with day-long activities emphasising the importance of citizen participation. In Luxembourg, special activities will mark the first anniversary of the Visitors’ Centre on 9 May, including the recently inaugurated Europa Experience. The following day, a rich cultural programme is planned in the Echternach Abbey courtyard. Full programme and events organised in the 27 EU countries.

    European Council/Council of the European Union

    On 10 May, the Council of the European Union will also open its doors, granting citizens an opportunity to follow in EU leaders’ footsteps. Guided tours throughout the day will offer visitors a rare look at where important European decisions are made. Each of the 27 Member States will host a stand, showcasing their culture, traditions, culinary specialties and more. Younger visitors can also expect tailor-made activities, including a treasure hunt and a “fun fact” quest designed specifically for kids. In honour of the Council’s 50th anniversary, the public will even be able to travel back in time and take a selfie with the leaders of 1974.

    European Commission

    On 10 May, citizens will also have the opportunity to visit the Commission’s iconic Berlaymont building in Brussels. Here, they will have the chance to learn about the Commission’s role and priorities, engage in series of activities, and find out more about initiatives and concrete benefits for their daily lives. Among others, visitors will have an opportunity to learn about the Commission’s efforts to boost European competitiveness both, promote social cohesion, protect democracy and protect fundamental rights, at home and abroad.

    European Central Bank

    As part of its Europe Day celebrations on 10 May, the European Central Bank (ECB) will bring the vibrant spirit of Europe to its hometown, Frankfurt am Main, by participating in the city’s Europa-Fest. Visitors will find the ECB at the “European Marketplace” on the Römerberg plaza, alongside Frankfurt-based European Insurance and Occupational Pensions Authority and the Authority for Anti-Money Laundering and Countering the Financing of Terrorism. In such a special year, celebrating 40 years of Schengen and the 75th anniversary of the Schuman Declaration, many themed activities have been organised, with the ECB even planning a lightshow, to be projected onto the west wing of the city’s Grossmarkthalle. In Brussels, the ECB will also host its own stand at the Commission’s Europe Day event.

    European Investment Bank

    The European Investment Bank (EIB) Group will welcome visitors to its stand at the Council of the European Union’s Justus Lipsius building as part of its Open Day on 10 May in Brussels. EIB Group staff will inform visitors of how its financing and advisory services improve lives and advance EU policy goals. This includes anything from innovation, security and defence to social and territorial cohesion, and the transition towards a net-zero economy. The stand itself will be enhanced by various activities and media, such as quizzes, games and audiovisual material showcasing EIB-financed projects.

    European Court of Auditors

    On 10 May, as part of the Europe Day celebrations in Echternach, EU auditors will host a series of interactive and engaging activities at the European Court of Auditors’ premises. Among other things, visitors will have the chance to partake in an engaging quiz to test their audit skills. Families and people of all ages are welcome to discover how the European Court of Auditors, the guardian of the EU’s finances, helps protect EU citizens’ money.

    European External Action Service

    The European External Action Service (EEAS) will open its doors to the public on 10 May for its “Travel the World in a Day“. Travel the World in a Day” event. Visitors to the EU’s diplomatic headquarters in Brussels will be given an opportunity to learn about the work of the EEAS and its 144 delegations and offices worldwide. Through interactive exhibits and activities, visitors will discover the EU’s role as a global leader and reliable partner for prosperity, peace, security, multilateralism, democracy, and a rules-based order. The event will also include a digital booth to help explore the EU pavilion at Expo 2025 in Japan, as well as live dance performances, workshops and family-friendly activities that celebrate global diversity.

    European Economic and Social Committee

    This year, the European Economic and Social Committee (EESC) will also host a special celebration of the Schuman Declaration’s 75th anniversary. To honour this seminal text, the EESC – the house of European organised civil society – is putting together a range of activities on its premises, through which it will inform and engage with citizens, while offering insights into its various Sections’ and Groups’ advisory work. The day itself will offer entertainment for all, with a real-time voting simulation allowing visitors to step into EESC members’ shoes and discover the process for themselves.

    European Committee of the Regions

    On 10 May, the European Committee of the Regions (CoR) – ideally located between the European Parliament and Council in Brussels – will open its doors to the public as well, showcasing how it represents regions and cities in the EU, and everything that regional and local elected politicians do for citizens. Visitors will learn how their region voices its interests in the EU, and they will have the chance to meet local and regional elected politicians and discuss European issues in a direct, informal atmosphere. The traditional Festival of Regions and Cities will treat visitors to a showcase of their preferred tourist spots, traditional music and dance, and various culinary specialties.

    Background

    Europe Day held on 9 May every year celebrates peace and unity in Europe. The date marks the anniversary of the ‘Schuman declaration’, a historic proposal made by Robert Schuman, French Foreign Minister, in 1950 that laid out the foundation of European cooperation. Schuman’s proposal is considered to be the beginning of what is now the European Union.

    In 2025, Europe Day is a special occasion, as we are celebrating 75 years since the Schuman declaration. To learn more about each institution’s programme, visit the Europe Day 2025 website.

    MIL OSI Europe News

  • MIL-OSI: BexBack Launches Double Deposit Bonus and 100x Leverage Crypto Futures Trading No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 30, 2025 (GLOBE NEWSWIRE) — As Bitcoin prices return to around $95,000,, many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $60,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $63,000, your profit will be (63,000 – 60,000) * 100 BTC / 60,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP,and 50+ others futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

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    Contact:
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    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.
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    The MIL Network

  • MIL-OSI USA: Boozman, Murray Shepherd Effort to Designate April as Month of the Military Child

    US Senate News:

    Source: United States Senator for Arkansas – John Boozman

    WASHINGTON––U.S. Senators John Boozman (R-AR) and Patty Murray (D-WA), joined by Senators John Hoeven (R-ND) and Jacky Rosen (D-NV), introduced bipartisan legislation that would designate April as the “Month of the Military Child,” celebrating and honoring the commitment, service and sacrifices made by the 1.6 million children in military families. 

    “Military service is a family affair, including the sons and daughters of our servicemembers. There are not enough words to acknowledge the costs and sacrifices, like countless moves and long separations during deployments, that they bear,” said Boozman. “I am proud to come together in a bipartisan way to recognize every military child and express our gratitude for selflessly sharing their parents with the noble cause of defending our nation.”

    “I know first-hand that when your parent is in the military, it is a commitment the entire family makes to this country. Military children deserve to be celebrated and acknowledged for the heroic commitments they make to their families in service,” said Murray. “I will always be a voice for Washington state’s servicemembers and their families, and I am proud to partner with Senator Boozman to recognize military children for the sacrifices they make every single day for their families’ service to our country.”

    “Military children show incredible resilience as they navigate the unique challenges of military life,” said Hoeven. “From frequent moves to long deployments, they stand strong beside their families with courage. Their sacrifices often go unseen, but their service to our nation deserves to be celebrated.”

    “When someone chooses to serve our nation in uniform, their entire family joins in the sacrifice. Military children have to move around frequently, change schools multiple times, and spend special occasions without a parent,” said Rosen. “They deserve our gratitude and recognition, which is why I’m proud to help introduce this resolution to designate April as the Month of the Military Child.”

    Boozman is the son of an Air Force Master Sergeant who served in World War II and Korea. He learned at an early age about the sacrifices by men and women in uniform, as well as the unique challenges military families face. As a senior member of the Senate Veterans’ Affairs Committee, he is committed to enhancing the quality of life for both veterans and their families. 

    Earlier this year, Boozman and Murray introduced the Helping Heroes Act, which would support the families of disabled veterans, including children who take on caregiving roles. This bill recognizes the work done by the approximately 2.3 million children under the age of 18 living in a household with a disabled veteran and seeks to provide critical support and assistance to these children in accessing local, state and federal resources.

    Click here for full text of the legislation.

    MIL OSI USA News

  • MIL-OSI Security: South Carolina Resident Sentenced in Connection With $1.4 Million Embezzlement and Identity Theft Scheme

    Source: Office of United States Attorneys

    Defendant and husband used fraudulently obtained funds for vacations, home renovations, pet expenses, and retail purchases.

    Baltimore, Maryland – U.S. District Judge Stephanie A. Gallagher sentenced Valerie Joseph, 61, of Murells Inlet, South Carolina, to 53 months in federal prison and 12 months of home detention. Joseph was convicted of wire fraud conspiracy and aggravated identity theft in connection with a decade-long, $1.4 million embezzlement scheme. Judge Gallagher also ordered the defendant to pay $1.4 million in restitution.

    Kelly O. Hayes, U.S. Attorney for the District of Maryland, announced the sentence with Special Agent in Charge William DelBagno of the Federal Bureau of Investigation (FBI) – Baltimore Field Office.

    Beginning in January 2011, at the latest, and continuing into August 2021, Joseph, and her husband Robin, conspired to defraud Victim Business l and Victim K.F. According to court documents, from 2003 until August 2021, Valerie Joseph served as a bookkeeper for Victim Business 1, a wholesale greenhouse and garden center owned by Victim K.F., located in Caroline County, Maryland.

    Valerie and Robin Joseph schemed to make unauthorized charges to three credit-card accounts —associated with Victim Business 1 and Victim K.F. — for personal gain. This included American Express and Capital One accounts, along with a Lowes/Synchrony financial account.

    Routinely, for more than a decade, Valerie and Robin Joseph used credit cards associated with the victims’ accounts to make numerous unauthorized purchases. The theft included unauthorized credit-card charges for $200,000-plus at Walmart; $53,000-plus to AT&T for personal phone bills; $30,000-plus at a Japanese steak and seafood restaurant; and $116,000-plus to PayPal. Valerie and Robin Joseph charged more than $90,000 to Easton Utilities for utility bills; $16,000 to Chesapeake College for tuition payments; $2,500 to the University of Hawaii for college expenses; and $3,800 for cosmetics.

    The couple also charged more than $195,000 to the Lowes Account. Several of the unauthorized Lowes account charges were to purchase materials and supplies to renovate their previous residence in Easton, Maryland.

    Additionally, Valerie and Robin Joseph paid for airline tickets, cruises, Airbnb expenses, and hundreds of retailor gift cards using the victims’ account. The couple also used the victims’ account to pay more than $33,000 in veterinary expenses and charged various items related to their pets, including high-end bird cages for their tropical birds.

    On April 25, 2025, Robin Joseph pled guilty to wire fraud conspiracy and aggravated identity theft in connection with the scheme.  He is facing a maximum sentence of 20 years in federal prison for wire fraud conspiracy and a mandatory two years for aggravated identity theft.

    U.S. Attorney Hayes commended the FBI for its work in the investigation. Ms. Hayes also thanked Assistant U.S. Attorney Paul Riley who is prosecuting the federal case.

    For more information about the Maryland U.S. Attorney’s Office, its priorities, and resources available to report fraud, visit www.justice.gov/usao-md and https://www.justice.gov/usao-md/community-outreach.

    # # #

    MIL Security OSI

  • MIL-OSI USA: Congressman Robert Garcia and Congresswoman Lisa McClain Introduce Bipartisan “Common Cents Act” to Eliminate the Penny

    Source: United States House of Representatives – Congressman Robert Garcia California (42nd District)

    Washington, D.C. – Today, Congressman Robert Garcia (CA-42) and Congresswoman Lisa McClain (MI-09) introduced the Common Cents Act to end the minting of the penny and require cash transactions to be rounded up or down to the nearest five cents. Full text of the bill can be found here

    “It doesn’t make sense to continue producing the penny, which costs three times more than it’s worth to create and distribute,” said Congressman Garcia. “As the cost of living continues to rise and with more folks tapping their phones or cards for payment, we shouldn’t be pouring millions of taxpayer dollars into a coin that is rarely used. By halting production, we would actually cut waste and boost efficiency in a common-sense way.”

    “Pennies are a waste of taxpayer dollars. It doesn’t make sense to spend millions each year minting coins that so few people actually use. President Trump’s common-sense idea should become law. We are taking a decisive step toward fiscal responsibility and updating our currency for the 21st century,” said Congresswoman McClain.

    The bill would take effect one year after its enactment and follows the successful elimination of one-cent coins in several other countries, including Australia and Canada. Additionally, a final decision on whether the U.S. Mint will cease production of the penny is currently pending. Non-cash transactions, such as credit card, debit card, mobile phone payments, and checks, would not be affected. The cost of producing a penny is roughly 3.7 times its face value, driven by rising metal prices. By eliminating the penny, this bill aims to reduce unnecessary costs, save taxpayer money, and streamline the U.S. currency system, eliminating waste and making it more efficient for both consumers and businesses.

    Congressman Garcia is dedicated to eliminating waste, improving government efficiency, and saving taxpayer dollars. On the Oversight Committee, Congressman Garcia works to ensure all government operations are effective and streamlined. Last Congress, two of Congressman Garcia’s bipartisan bills, the Eliminate Useless Reports Act and the Government Accountability Office (GAO) Inspector General Parity Act aimed at improving government efficiency were signed into law, which will save taxpayer dollars and promote more accountable government operations. Congressman Garcia previously introduced the FLASH Act (Fast-Track Logistics for Acquiring Supplies in a Hurry Act) to streamline procurement processes within the Department of Health and Human Services during emergencies. This legislation would eliminate waste, reduce delays, and ultimately save taxpayer dollars while streamlining access to essential resources.

    ###

    MIL OSI USA News

  • MIL-OSI: HTX DAO Dubai Whale Night 2025 Concludes: Partnering with HTX to Unlock Long-Term Ecosystem Value

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 30, 2025 (GLOBE NEWSWIRE) — HTX DAO successfully hosted the HTX DAO Dubai Whale Night 2025, bringing together top builders, investors, and industry leaders for a high-impact evening of insights, product reveals, and ecosystem strategy.

    The event’s central focus was a keynote speech by Justin Sun, Advisor to HTX and Founder of TRON, delivering a clear message about HTX’s momentum and vision for global expansion.

    “Currently, HTX is among the top five offshore exchanges and continues to expand,” Sun stated. “We are completely focused on the Middle East and are also targeting clients from the CIS region and Europe.”

    Sun also emphasized HTX’s commitment to long-term regional growth and global reach. He highlighted the platform’s U.S. ambitions, stating, “The TRX ETF application in the United States represents significant progress. Over the next few years, we will focus on U.S. development to increase our international footprint, which I think is extremely important for both HTX and our broader strategy.”

    He added that HTX is expanding its trading ecosystem with projects like USDD and $TRUMP and invited users around the world to share ideas.

    HTX DAO Drives Growth, Deepens Ecosystem Governance
    Molly, Spokesperson for HTX and Ambassador of HTX DAO, shared updates on platform performance and DAO integration. In Q1 2025, HTX became the only top 10 global exchange to increase spot trading volume, boasting over 50 million registered users and a 210% increase in net deposits. HTX continues to maintain a reserve ratio above 100%.

    She noted that the platform’s success stems from its “security, transparency, and precise market sensitivity.” Looking ahead, HTX will strengthen DAO integration, enabling the community to participate in governance and listing decisions through decentralized voting. This blend of centralized efficiency and decentralized control is key to HTX’s future.

    SVIP Benefits Unveiled, $1M Recruitment Program Launches
    HTX officially unveiled its upgraded SVIP benefits system, tailored for high-frequency traders, institutional clients, and long-term holders. The system focuses on three pillars: cost efficiency, capital efficiency, and exclusive privileges.

    Key highlights include:

    • Ultra-low fees: Spot maker fees as low as 0.0126%, futures maker fees as low as 0%, dramatically reducing transaction costs.
    • Efficient margin and crypto loans: Enjoy up to 9% discount on margin interest rates, flexible loans, and zero service fees. Eligible users can access up to $20 million in credit lines per account, with Fireblocks custody integration to ensure asset safety.
    • SVIP-only privileges: 1-on-1 account managers with 24/7 support, Improved API rate limit, and invitations to private SVIP gatherings.

    SVIP users can further enhance returns by optimizing their Prime tier levels, potentially saving up to $10,000 in monthly fees and increasing overall yields by up to 20%.

    To mark the launch, HTX is rolling out a $1 million SVIP recruitment campaign:

    • Invite new users to become SVIPs and earn up to $5,000 in USDT
    • Enjoy double rewards for VIP users migrating from other platforms
    • Earn an additional $2,000 cashback voucher when referring multiple qualified users

    More SVIP-exclusive benefits will be unveiled in mid-May, further elevating the premium trading experience for top-tier clients.

    About HTX DAO
    As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. It pioneers a blended CeFi/DeFi paradigm, including listing and community governance, through its focus on building an exchange DAO and a free financial hub ecosystem. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO.

    Contact
    Website: www.htxdao.com
    Email: media@htxdao.com
    Ruder Finn Asia

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/86c2506e-94a2-40a8-9f2c-67bab72623d0

    The MIL Network

  • MIL-OSI: Mimecast Appoints Ranjan Singh as Chief Product & Technology Officer

    Source: GlobeNewswire (MIL-OSI)

    LEXINGTON, Mass., April 30, 2025 (GLOBE NEWSWIRE) — RSA Conference 2025, San Francisco – Mimecast, a global cybersecurity leader transforming the way businesses manage and secure human risk, today announced that Ranjan Singh has joined its executive leadership team as Chief Product & Technology Officer.

    Singh brings more than two decades of experience leading product innovation and delivering exceptional, customer-focused cybersecurity solutions. His appointment marks a significant milestone in Mimecast’s evolution, bringing together its product and engineering teams under one unified organization, focused on accelerating transformation, expanding market leadership, and redefining how organizations secure their human layer against modern threats.

    Prior to joining Mimecast, Singh spent more than three years as Chief Product Officer at Kaseya, where he helped drive the company’s rapid global expansion, managing a portfolio of more than 40 SaaS products and contributing to more than $1.5 billion in revenue. His leadership roles at Crestron Electronics and IPC Systems further cemented his reputation for delivering product excellence at scale.

    “We’re thrilled to welcome Ranjan to Mimecast during such a pivotal time for our company,” said Marc van Zadelhoff, CEO of Mimecast. “Ranjan’s deep experience in scaling world-class products, his passion for innovation, and his relentless focus on customer outcomes makes him the ideal leader to drive our Human Risk Management platform forward.”

    Singh’s leadership will be crucial as Mimecast has increased research and development investment by almost 50% over the last two years to deliver adaptive, AI-driven solutions that empower organizations to better manage insider risk, protect email and collaboration environments, and enhance overall cyber resilience.

    Mimecast also recently appointed Rob Juncker as Chief Product Officer. Juncker, who will report directly to Singh, held the role of Chief Technology Officer at Code42 prior to Mimecast’s acquisition in July 2024. These key executive appointments underscore Mimecast’s commitment to excellence in delivering the best possible platform for their global customer base. Preceding both was the earlier appointment of Igor Shmukler as Chief Development Officer, and the addition of Amol Kulkarni to the Mimecast Board of Directors. Kulkarni is a long-time technology executive, most recently at CrowdStrike where he held the title of Chief Product and Engineering Officer.

    “I’m incredibly excited to join Mimecast at a time when securing human risk has never been more important,” said Ranjan Singh. “Mimecast’s vision, culture, and commitment to customer success are what drew me here. I look forward to working alongside very talented colleagues to deliver an exceptional platform that makes organizations more secure, resilient, and empowered to meet the future with confidence.”

    Singh holds a bachelor’s degree from Victoria University in Melbourne, Australia, and a master’s degree from New York University. Originally from India and having lived in Australia and the United States, Singh’s global perspective and cross-market leadership experience will further strengthen Mimecast’s innovation and growth.

    About Mimecast 

    Mimecast is a leading cybersecurity company transforming the way businesses manage and secure human risk. Its AI-powered, API-enabled connected human risk platform is purpose-built to protect organizations from the spectrum of cyber threats. Integrating cutting-edge technology with human-centric pathways, our platform enhances visibility and provides strategic insight.

    By enabling decisive action and empowering businesses to protect their collaborative environments, our technology safeguards critical data and actively engages employees in reducing risk and enhancing productivity. More than 42,000 businesses worldwide trust Mimecast to help them keep ahead of the ever-evolving threat landscape.

    From insider risk to external threats, customers get more with Mimecast. More visibility. More agility. More control. More security.

    Mimecast is a registered trademark or trademark of Mimecast Services Limited in the United States and/or other countries. All other products and/or services referenced are trademarks of their respective companies.

    Press Contacts

    Tim Hamilton
    Principal, Global Corporate Communications Manager
    +1 603-918-6757
    thamilton@mimecast.com

    General inquiries
    press@mimecast.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ef4b4592-eb73-417d-a00a-963944252864

    The MIL Network

  • MIL-OSI: DelNorte Partners with Brazilian Government to Launch Landmark Data Tokenization Project and Release DTV Token

    Source: GlobeNewswire (MIL-OSI)

    Miami, FL, April 30, 2025 (GLOBE NEWSWIRE) — In a transformative step toward modernizing public data management, DelNorte has partnered with the government of Brazil to launch a pioneering data tokenization program in Rondônia. This initiative marks the official debut of the DTV Token, the core digital asset powering DelNorte’s Terra Vision ecosystem — a blockchain-based CRM platform with full government endorsement for digitizing, tokenizing, and securing all government data and transactions. With deployments already active in MexicoHonduras, and El SalvadorDelNorte is the only tokenization customer relationship management platform operating across four Latin American nations, supported by blockchain networks like Ethereum, NEAR, Polygon, and Partisia, and backed by collaborators including Coldwell Banker, Novotel, Valkary, and Farcana.

    “This is real, working technology addressing trillion-dollar challenges,” says Anton Glotser, Co- Founder & CEO. “We’re not just imagining a future of secure, automated government data — we’re building it, hand-in-hand with governments ready for change.”

    Anton Glotser – Founder & CEO of DelNorte

    The Vision:

    Automating and Securing All Government Data. DelNorte’s mission is to digitize and tokenize all government data — from land titles to IDslicenses, and public records — with a long-term goal of automating and securing every government transaction on the blockchain. By leveraging AI and blockchain, DelNorte’s Terra Vision platform ensures transparency, efficiency, and tamper-proof security, transforming how governments and citizens interact with critical data. This initiative empowers economic inclusion by turning undocumented assets and identities into verifiable, active capital.

    The Founders Driving Change:

    Anton Glotser, a serial entrepreneur with over 20 ventures, is the visionary behind Terra Vision. His focus is on creating infrastructure that revolutionizes government data management and unlocks economic opportunities for billions.

    Jud Ireland, Co-Founder, brings expertise in real estate and a passion for solving global challenges. “Over 70% of critical assets, like land, lack formal documentation,” Ireland explains. “We’re changing that by digitizing and securing all government data, creating pathways to economic empowerment.”

    Anton Glotser and Jud Ireland – Founders of DelNorte

    What Is the DTV Token?
    The DTV Token is the utility backbone of the Terra Vision platform, enabling: • Secure payments for access to digitized government records
    • Staking to enhance network security
    • Governance participation in platform evolution
    • Access to a digital government service hub (e.g., smart contracts for IDs, licenses, deeds, and more)

    Key Details:
    •⁠  ⁠Token Launch: April 30, 2025
    •⁠  ⁠Where to Buy: Multiple launchpads — see pinned post at x.com/delnorte_io
    •⁠  ⁠Also Listed On: MEXC
    •⁠  ⁠Use Cases: Identity verification, secure data transfers, staking, governance, and access to certified digital records

    In a transformative step toward modernizing public data management, DelNorte has partnered with the government of Brazil to launch a pioneering data tokenization program in Rondônia. This initiative marks the official debut of the DTV Token, the core digital asset powering DelNorte’s Terra Vision ecosystem — a blockchain-based CRM platform with full government endorsement for digitizing, tokenizing, and securing all government data and transactions.

    The DTV Token will be available through multiple launchpads (details in the pinned post at x.com/delnorte_io) and is officially listed on MEXC, making it accessible to a global audience ready to participate in a new era of trusted digital infrastructure.

    Global Expansion:
    With Brazil now onboard, DelNorte is scaling its government-backed programs across Colombia, Costa Rica, Panama, Argentina, Ireland, Guatemala, Cyprus, the Philippines, and beyond. Each partnership advances the shift toward secure, digitized, and automated public data systems.

    About DelNorte:
    DelNorte is a blockchain infrastructure company dedicated to closing legal, economic, and technological gaps worldwide. Founded by Anton Glotser and Jud Ireland, DelNorte builds certified systems to securely digitize and tokenize government data, enabling billions to participate in the global economy.

    Learn More & Join the Movement:
    • Website: https://delnorte.io
    • Linktree: linktr.ee/DTVT
    • X: @delnorte_io | Telegram: t.me/Delnorte_io | Demo: demo.delnorte.io • Press Contact: Rocio Botero | info@latinolive.net

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network

  • MIL-Evening Report: What is a downburst? These winds can be as destructive as tornadoes − we recreate them to test building designs

    Source: The Conversation (Au and NZ) – By Amal Elawady, Associate Professor of Civil and Environmental Engineering, Florida International University

    A downburst blasts Bangkok, Thailand, in 2017. Natapat Ariyamongkol/iStock/Getty Images Plus

    From a distance, a downburst can look like a torrent of heavy rain. But at ground level, its behavior can be far more destructive.

    When a downburst’s winds hit the ground, they shoot out horizontally in all directions, sometimes with enough force to shatter windows and overturn vehicles.

    These winds behave in complicated ways, particularly in cities, as our latest research shows. Downburst winds can deflect off tall buildings, increasing the pressure on neighboring buildings’ windows and walls. The result can blow out glass and chip off facade. Even buildings designed to survive hurricanes can suffer major damage in a downburst.

    As engineers, we study downbursts with the goal of designing buildings, components such as solar panels and windows, and infrastructure such as power lines that can stand up to that powerful force. To do this, informed by field measurements, we create our own powerful downbursts using a hurricane simulator known as the Wall of Wind at Florida International University.

    An illustration of how the winds of a downburst fan out in open space. In a city with tall buildings, the wind can deflect off buildings, causing damage in unexpected ways.
    NASA/Wikimedia Commons

    What is a downburst?

    Downbursts can be as destructive as tornadoes, but their winds develop in a very different way.

    A downburst forms when a thunderstorm pulls cooler, heavier air down from high in the atmosphere. As this rain-cooled air rushes downward, it gains speed. Once it slams into the ground, it has nowhere to go but outward, sending strong winds in all horizontal directions.

    Dust in the air shows the curling rotation of a downburst’s winds.
    NOAA

    The wind speed in a downburst can reach over 150 miles per hour. That’s the strength of a Category 4 hurricane and strong enough to knock down trees and power lines, damage buildings and flip vehicles.

    These winds also rotate, but not in the same way tornadoes do. Downburst winds are typically considered straight-line winds, but they rotate around a horizontal axis as the wind curls upward after hitting the ground. Tornadoes, in contrast, spin around a vertical axis.

    Powerful storm systems known as derechos are often made up of multiple downburst clusters, each containing many smaller downbursts, sometimes called microbursts.

    Recreating Houston’s downburst in a warehouse

    On May 16, 2024, a derecho hit Houston with a downburst that was so strong, it blew out windows in several high-rise buildings that had been built to survive Category 4 hurricanes. The winds also pried off chunks of buildings’ facades.

    Two months later, Hurricane Beryl hit Houston with similar wind speeds, yet it left minimal damage to the downtown buildings.

    When a downburst hit downtown Houston on May 16, 2024, it shattered windows on some sides of buildings but not others, and not always in the line of the storm. The damage offered clues to how downbursts interact with tall buildings.
    Cécile Clocheret/AFP via Getty Images

    To understand how a downburst like this can be so much more destructive – and what cities and building designers can do about it – we simulated both the Houston downburst winds and Hurricane Beryl’s winds in the Wall of Wind.

    The test facility is equipped with a dozen jet fans, each almost as tall as the workers who run them and powerful enough to simulate a Category 5 hurricane. Our team used these fans to recreate powerful downburst winds that hit horizontally with the maximum wind speeds near ground level. Then, we put several models of buildings to the test to see how roofs, windows, facades and the structures of power lines reacted under that force.

    How the Wall of Wind’s fans mimic a downburst’s horizontal force.

    In the Houston derecho, a downburst hit downtown with 100 mph winds. It cracked some lower windows, likely with blowing debris, but it also caused widespread unexpected damage midway up some of the buildings.

    The Chevron Building Auditorium actually suffered the most damage on a side that wasn’t directly in the line of the storm but was facing another tall building. That left some intriguing questions. It suggested that the way the buildings channel the wind may have created a strong suction that blew out windows midway up the tower. Another burning question is whether building design codes are outdated when it comes to how well their cladding can stand up to these localized winds.

    Using the Wall of Wind, we were able to test those pressures on models of the Houston buildings and see how downburst winds increased the pressured on a tall building model with excessive forces near the ground level.

    The ability to simulate these winds is important for improving engineers’ understanding of the differences in how downbursts and other wind events exert force on buildings. The results ultimately inform building standards to help create more resilient and better-protected communities.

    Building better power lines

    Big storms, like downbursts, can also take down power lines.

    Power lines extend hundreds of miles between cities and states, making them more susceptible to a hit from a localized severe storm, such as a downburst. If one of the towers falls, it can cause a chain reaction, like dominoes falling one after another. That can knock out power for large numbers of people.

    The derecho that hit Houston with a downburst also crumpled transmission towers in Texas.
    AP Photo/David J. Phillip

    With colleagues, we have been testing transmission towers and multispan power-line systems under downburst and hurricane winds to understand how these structures respond, with the goal of developing better construction techniques. That work has helped to update the American manual for the design of power lines, which engineers use for designing safer, more storm-resilient transmission towers.

    What’s next

    Low-rise and mid-rise buildings are also vulnerable to downbursts, but the effects are less well understood. Downburst winds are most intense between 10 and 300 feet above the ground, meaning the roofs and walls of some low-rises can be hit with intense horizontal wind.

    Recent building codes have offered design guidelines to help ensure these buildings can withstand tornadoes. However, the way downbursts rotate in a short time around a building or a community of buildings puts pressure on the walls and the roof in different ways. Similar to straight-line winds, we expect high suction on the roof. Due to their short duration, varying wind direction and intense wind speed, downbursts may also cause excessive vibrations and varying pressure distribution on the roof components.

    How microbursts form.

    We’re now testing downburst damage to low- and mid-rise buildings to better understand the risks and help highlight changes that can make buildings more resilient.

    As populations grow, cities are adding more buildings. At the same time, powerful storms are becoming more frequent and more intense. Understanding the effects of different types of storms will help engineers construct high-rises, low-rises and power lines that are better able to withstand extreme weather.

    Amal Elawady receives funding from the National Science Foundation.

    Fahim Ahmed, Mohamed Eissa, and Omar Metwally do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. What is a downburst? These winds can be as destructive as tornadoes − we recreate them to test building designs – https://theconversation.com/what-is-a-downburst-these-winds-can-be-as-destructive-as-tornadoes-we-recreate-them-to-test-building-designs-254931

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Global: What is a downburst? These winds can be as destructive as tornadoes − we recreate them to test building designs

    Source: The Conversation – USA – By Amal Elawady, Associate Professor of Civil and Environmental Engineering, Florida International University

    A downburst blasts Bangkok, Thailand, in 2017. Natapat Ariyamongkol/iStock/Getty Images Plus

    From a distance, a downburst can look like a torrent of heavy rain. But at ground level, its behavior can be far more destructive.

    When a downburst’s winds hit the ground, they shoot out horizontally in all directions, sometimes with enough force to shatter windows and overturn vehicles.

    These winds behave in complicated ways, particularly in cities, as our latest research shows. Downburst winds can deflect off tall buildings, increasing the pressure on neighboring buildings’ windows and walls. The result can blow out glass and chip off facade. Even buildings designed to survive hurricanes can suffer major damage in a downburst.

    As engineers, we study downbursts with the goal of designing buildings, components such as solar panels and windows, and infrastructure such as power lines that can stand up to that powerful force. To do this, informed by field measurements, we create our own powerful downbursts using a hurricane simulator known as the Wall of Wind at Florida International University.

    An illustration of how the winds of a downburst fan out in open space. In a city with tall buildings, the wind can deflect off buildings, causing damage in unexpected ways.
    NASA/Wikimedia Commons

    What is a downburst?

    Downbursts can be as destructive as tornadoes, but their winds develop in a very different way.

    A downburst forms when a thunderstorm pulls cooler, heavier air down from high in the atmosphere. As this rain-cooled air rushes downward, it gains speed. Once it slams into the ground, it has nowhere to go but outward, sending strong winds in all horizontal directions.

    Dust in the air shows the curling rotation of a downburst’s winds.
    NOAA

    The wind speed in a downburst can reach over 150 miles per hour. That’s the strength of a Category 4 hurricane and strong enough to knock down trees and power lines, damage buildings and flip vehicles.

    These winds also rotate, but not in the same way tornadoes do. Downburst winds are typically considered straight-line winds, but they rotate around a horizontal axis as the wind curls upward after hitting the ground. Tornadoes, in contrast, spin around a vertical axis.

    Powerful storm systems known as derechos are often made up of multiple downburst clusters, each containing many smaller downbursts, sometimes called microbursts.

    Recreating Houston’s downburst in a warehouse

    On May 16, 2024, a derecho hit Houston with a downburst that was so strong, it blew out windows in several high-rise buildings that had been built to survive Category 4 hurricanes. The winds also pried off chunks of buildings’ facades.

    Two months later, Hurricane Beryl hit Houston with similar wind speeds, yet it left minimal damage to the downtown buildings.

    When a downburst hit downtown Houston on May 16, 2024, it shattered windows on some sides of buildings but not others, and not always in the line of the storm. The damage offered clues to how downbursts interact with tall buildings.
    Cécile Clocheret/AFP via Getty Images

    To understand how a downburst like this can be so much more destructive – and what cities and building designers can do about it – we simulated both the Houston downburst winds and Hurricane Beryl’s winds in the Wall of Wind.

    The test facility is equipped with a dozen jet fans, each almost as tall as the workers who run them and powerful enough to simulate a Category 5 hurricane. Our team used these fans to recreate powerful downburst winds that hit horizontally with the maximum wind speeds near ground level. Then, we put several models of buildings to the test to see how roofs, windows, facades and the structures of power lines reacted under that force.

    How the Wall of Wind’s fans mimic a downburst’s horizontal force.

    In the Houston derecho, a downburst hit downtown with 100 mph winds. It cracked some lower windows, likely with blowing debris, but it also caused widespread unexpected damage midway up some of the buildings.

    The Chevron Building Auditorium actually suffered the most damage on a side that wasn’t directly in the line of the storm but was facing another tall building. That left some intriguing questions. It suggested that the way the buildings channel the wind may have created a strong suction that blew out windows midway up the tower. Another burning question is whether building design codes are outdated when it comes to how well their cladding can stand up to these localized winds.

    Using the Wall of Wind, we were able to test those pressures on models of the Houston buildings and see how downburst winds increased the pressured on a tall building model with excessive forces near the ground level.

    The ability to simulate these winds is important for improving engineers’ understanding of the differences in how downbursts and other wind events exert force on buildings. The results ultimately inform building standards to help create more resilient and better-protected communities.

    Building better power lines

    Big storms, like downbursts, can also take down power lines.

    Power lines extend hundreds of miles between cities and states, making them more susceptible to a hit from a localized severe storm, such as a downburst. If one of the towers falls, it can cause a chain reaction, like dominoes falling one after another. That can knock out power for large numbers of people.

    The derecho that hit Houston with a downburst also crumpled transmission towers in Texas.
    AP Photo/David J. Phillip

    With colleagues, we have been testing transmission towers and multispan power-line systems under downburst and hurricane winds to understand how these structures respond, with the goal of developing better construction techniques. That work has helped to update the American manual for the design of power lines, which engineers use for designing safer, more storm-resilient transmission towers.

    What’s next

    Low-rise and mid-rise buildings are also vulnerable to downbursts, but the effects are less well understood. Downburst winds are most intense between 10 and 300 feet above the ground, meaning the roofs and walls of some low-rises can be hit with intense horizontal wind.

    Recent building codes have offered design guidelines to help ensure these buildings can withstand tornadoes. However, the way downbursts rotate in a short time around a building or a community of buildings puts pressure on the walls and the roof in different ways. Similar to straight-line winds, we expect high suction on the roof. Due to their short duration, varying wind direction and intense wind speed, downbursts may also cause excessive vibrations and varying pressure distribution on the roof components.

    How microbursts form.

    We’re now testing downburst damage to low- and mid-rise buildings to better understand the risks and help highlight changes that can make buildings more resilient.

    As populations grow, cities are adding more buildings. At the same time, powerful storms are becoming more frequent and more intense. Understanding the effects of different types of storms will help engineers construct high-rises, low-rises and power lines that are better able to withstand extreme weather.

    Amal Elawady receives funding from the National Science Foundation.

    Fahim Ahmed, Mohamed Eissa, and Omar Metwally do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. What is a downburst? These winds can be as destructive as tornadoes − we recreate them to test building designs – https://theconversation.com/what-is-a-downburst-these-winds-can-be-as-destructive-as-tornadoes-we-recreate-them-to-test-building-designs-254931

    MIL OSI – Global Reports

  • MIL-OSI Global: From the Chinese Exclusion Act to pro-Palestinian activists: The evolution of politically motivated deportations

    Source: The Conversation – USA – By Rick Baldoz, Associate Professor of American Studies, Brown University

    New York Tribune of Jan. 3, 1920, announcing massive roundups of ‘aliens’ deemed to be ‘Reds.’ Library of Congress

    The recent deportation orders targeting foreign students in the U.S. have prompted a heated debate about the legality of these actions. The Trump administration made no secret that many individuals were facing removal because of their pro-Palestinian advocacy.

    In recent months, the State Department has revoked hundreds of visas of foreign students with little explanation. On April 25, 2025, the administration restored the legal status of many of those students, but warned that the reprieve was only temporary.

    Because of their tenuous legal status in the U.S., immigrant activists are vulnerable to a government seeking to stifle dissent.

    Critics of the Trump administration have challenged the legality of these removal orders, arguing that they violate constitutionally protected rights, including freedom of speech and due process.

    The administration asserts that the executive branch has nearly absolute authority to remove immigrants. The White House has cited legislation passed during the peak of the nation’s Cold War hysteria, like the McCarran-Walter Act of 1952, which expanded the government’s deportation powers.

    I’m a historian of immigration, U.S. empire and Asian American studies. The current removal orders targeting student activists echo America’s long and lamentable past of jailing and expelling immigrants because of their race or what they say or believe – or all three.

    The arrest of Turkish graduate student Rümeysa Öztürk by Department of Homeland Security agents in Somerville, Mass., on March 25, 2025.

    Where it began

    The United States’ current deportation process traces its roots to the late 19th century as the nation moved to exercise federal control of immigration.

    The impetus for this shift was anti-Chinese racism, which reached a fever pitch during this period, culminating in the passage of laws that restricted Chinese immigration.

    The influx of Chinese immigrants to the West Coast during the mid-to-late 19th century, initially fueled by the California Gold Rush, spurred the rise of an influential nativist movement that accused Chinese immigrants of stealing jobs. It also claimed that they posed a cultural threat to American society due to their racial otherness.

    The Geary Act of 1892 required Chinese living in the U.S to register with the federal government or face deportation.

    The Supreme Court addressed the constitutionality of these statutes in 1893 in the case of Fong Yue Ting v. United States. Three plaintiffs claimed that anti-Chinese legislation was discriminatory, violated constitutional protections prohibiting unreasonable search and seizure, and contravened due process and equal protection guarantees.

    The Supreme Court affirmed the Geary Act’s deportation procedures, formulating a novel legal precept known as the plenary power doctrine that remains a key tenet of U.S. immigration law today.

    Court confirms the law

    The doctrine included two key assertions.

    First, the federal government’s authority to exclude and deport aliens was an inherent and unqualified feature of American sovereignty. Second, immigration enforcement was the exclusive domain of the congressional and executive branches that were charged with protecting the nation from foreign threats.

    The court also ruled that the deportation of immigrants in the country lawfully was a civil, rather than criminal matter, which meant that constitutional protections like due process did not apply.

    The government ramped up deportations in the aftermath of World War I, fueled by wartime xenophobia. American officials singled out foreign-born radicals for deportation, accusing them of fomenting disloyalty.

    The front page of the Ogden Standard, from Ogden City, Utah, on Nov. 8, 1919, announcing the arrest and planned deportation of ‘alien Reds.’
    Library of Congress

    Attorney General A. Mitchell Palmer, who ordered mass arrests of alleged communists, pledged to “tear out the radical seeds that have entangled Americans in their poisonous theories” and remove “alien criminals in this country who are directly responsible for spreading the unclean doctrines of Bolshevism.”

    This period marked a new era of removals carried out primarily on ideological grounds. Jews and other immigrants from southern and eastern Europe were disproportionately targeted, highlighting the cultural affinities between anti-radicalism and racial and ethnic chauvinism.

    ‘Foreign’ agitators

    The campaign to root out so-called subversives living in the United States reached its apex during the 1940s and 1950s, supercharged by figures like anti-communist crusader Sen. Joseph McCarthy and FBI Director J. Edgar Hoover.

    The specter of foreign agitators contaminating American political culture loomed large in these debates. Attorney General Tom Clark testified before Congress in 1950 that 91.4% of the Communist Party USA’s leadership were “either foreign stock or married to persons of foreign stock.”

    Congress passed a series of laws during this period requiring that subversive organizations register with the government. They also expanded the executive branch’s power to deport individuals whose views were deemed “prejudicial to national security,” blurring the lines between punishing people for unlawful acts – such as espionage and bombings – and what the government considered unlawful beliefs, such as Communist Party membership.

    While deporting foreign-born radicals had popular support, the banishment of immigrants for their political beliefs raised important constitutional questions.

    Harry Bridges, a West Coast labor leader, and his daughter, Jacqueline, 14, as they listen to proceedings during Bridges’ deportation hearing in San Francisco in July 1939.
    Underwood Archives/Getty Images

    Prosecution or persecution?

    In a landmark case in 1945, Wixon v. Bridges, the Supreme Court did assert a check on the power of the executive branch to deport someone without a fair hearing.

    The case involved Harry Bridges, Australian-born president of the International Longshoremen and Warehousemen’s Union. Bridges was a left-wing union leader who orchestrated a number of successful strikes on the West Coast. Under his leadership, the union also took progressive positions on civil rights and U.S. militarism.

    The decision in the case hinged on whether the government could prove that Bridges had been a member of the Communist Party, which would have made him deportable under the Smith Act, which proscribed membership in the Communist Party.

    Since no proof of Bridges’ membership existed, the government relied on dodgy witnesses and assertions that Bridges was aligned with the party because he shared some of its political positions. Accusations of “alignment” with controversial political organizations are similar to the charges made against foreign students currently at risk of deportation by the Trump administration.

    The Supreme Court vacated Bridges’ deportation order, declaring that the government’s claim of “affiliation” with the Communist Party was too vaguely defined and amounted to guilt by association.

    As the excesses and abuses of the McCarthy era came to light, they invited greater scrutiny about the dangers of unchecked executive power. Some of the more draconian statutes enacted during the Cold War, like the Smith Act, have been overhauled. The federal courts have toggled back and forth between narrow and liberal interpretations of the Constitution’s applicability to immigrants facing deportation – shifts that reflect competing visions of American nationhood and the boundaries of liberal democracy.

    From union leaders to foreign students

    There are some striking parallels between the throttling of civil liberties during the Cold War and President Donald Trump’s crusade against foreign students exercising venerated democratic freedoms.

    Foreign students appear to have replaced the immigrant union leaders of the 1950s as the targets of government repression. Presumptions of guilt based on hyperbolic claims of affiliation with the Communist Party have been replaced by allegations of alignment with Hamas.

    As in the past, these invocations of national security offer the pretext for the government’s efforts to stifle dissent and to mandate political conformity.

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

    ref. From the Chinese Exclusion Act to pro-Palestinian activists: The evolution of politically motivated deportations – https://theconversation.com/from-the-chinese-exclusion-act-to-pro-palestinian-activists-the-evolution-of-politically-motivated-deportations-254683

    MIL OSI – Global Reports

  • MIL-OSI USA: U.S. imports of major transportation fuels decreased in 2024

    Source: US Energy Information Administration

    In-brief analysis

    April 29, 2025


    U.S. imports of petroleum products decreased by 210,000 barrels per day (b/d) in 2024 to average 1.8 million b/d. Imports of all major transportation fuels, such as motor gasoline, diesel, and jet fuel, as well as other products, such as unfinished oils, decreased.

    Motor gasoline makes up the largest share of U.S. petroleum product imports because it is the most widely consumed petroleum fuel in the United States. In 2024, the United States imported 651,000 b/d of motor gasoline, about 36% of all petroleum product imports and 75,000 b/d less than in 2023. U.S. gasoline consumption in 2024 was largely unchanged from 2023; inventories fell in 2024 after they had increased in 2023, reflecting the decrease in imports.

    Although the United States imports more gasoline than any other petroleum product, the United States exported 226,000 b/d more gasoline than it imported in 2024. The United States has been a net exporter of gasoline every year since 2016.

    U.S. petroleum product exports primarily originate from the Gulf Coast due to the region’s concentrated refining capacity and proximity to major ports. U.S. Gulf Coast refinery production exceeds regional market demand, resulting in exports by waterborne tankers. Although Gulf Coast refineries have a wide distribution network, infrastructure constraints limit their ability to supply fuels to all parts of the country. Consequently, certain regions rely on imported petroleum products instead of transporting them from the Gulf Coast.

    U.S. gasoline imports came from a variety of countries, but the largest five suppliers were Canada, the Netherlands, India, the United Kingdom, and South Korea. All these countries except Korea are among the top five sources for U.S. gasoline imports over the last 10 years (2014–23). Imports from Canada are the primary source of gasoline for several northeastern states and make up a small share in other markets throughout the country.


    Canada is also the largest source of distillate imports into the United States. The United States imported 144,000 b/d of distillate fuel oil in 2024, 95% of which came from Canada. U.S. imports of distillate primarily come into the East Coast (112,000 b/d, or 78%). In addition to use as a transportation fuel, distillate imports are also the primary source of home heating oil for the U.S. Northeast.

    Jet fuel imports in 2024 totaled 109,000 b/d, down from 127,000 b/d in 2023. Jet fuel imports flowed primarily to the West Coast. South Korea supplied 77,000 b/d, or 71%, of U.S. jet fuel imports last year. The next-largest suppliers were Canada, China, India, and Kuwait.

    Imports of petroleum products other than gasoline, distillate fuel oil, and jet fuel primarily consisted of residual fuel oil for use as a marine bunker fuel and unfinished oils used as feedstock for U.S. refineries to produce other finished products.

    Principal contributor: Kevin Hack

    MIL OSI USA News

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

    Source: GlobeNewswire (MIL-OSI)

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

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

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

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

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

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

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

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

    About Flywire

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

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

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

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

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

    Safe Harbor Statement

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

    Contacts

    Flywire

    Media:
    Sarah King
    Media@Flywire.com

    Investor Relations:
    Masha Kahn
    IR@Flywire.com

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

    The MIL Network

  • MIL-OSI Asia-Pac: Sewage sampling clarified

    Source: Hong Kong Information Services

    The Department of Health’s (DH) Centre for Health Protection (CHP) said today adjusting the number of sampling sites under the Territory-wide Sewage Surveillance Programme does not affect the effectiveness of surveillance.

    Responding to a media report that claimed the current number of sampling sites has been substantially reduced under the programme, the CHP clarified and emphasised that the decision to adjust the number of sampling sites was made to align with the programme’s latest objectives and was based on scientific analysis, with a view to enhancing cost-effectiveness while ensuring that the effectiveness in monitoring the activity level of COVID-19 in Hong Kong would not be compromised.

    It pointed out that with the resumption of normalcy, COVID-19 has been managed as a general respiratory disease and the objective of sewage surveillance has shifted from source tracing to routine surveillance of virus activity in the community.

    The CHP used simulation models to analyse different combinations of sampling sites to optimise the programme while maintaining the effectiveness of the surveillance.

    Results showed that by changing the number of sampling sites from three to 14 per district to one per district located further downstream which covered the largest population, the trend of the sewage viral load data and the relevant clinical surveillance indicators were highly correlated.

    The CHP further explained that the optimised strategy, implemented since April 2024, continues to monitor the activity of COVID-19 effectively, while significantly reducing operating costs by nearly 80%.

    Surveillance results and analyses will be disseminated weekly through “COVID-19 & Flu Express” for public information, it added.

    MIL OSI Asia Pacific News

  • MIL-OSI: BYDFi Partners with Ledger to Launch Limited Edition Hardware Wallet, Debuts at TOKEN2049 Dubai

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, April 30, 2025 (GLOBE NEWSWIRE) — As an official sponsor of TOKEN2049 Dubai, global crypto exchange BYDFi has teamed up with industry-leading hardware wallet provider Ledger to release a limited edition co-branded Ledger Nano X. The exclusive wallets made their debut at the TOKEN2049 event, where attendees had the chance to receive them for free through on-site interactive activities.

    This special edition wallet retains the advanced security features of the original Ledger Nano X, while incorporating custom BYDFi design elements, including visual branding and customized packaging. Symbolizing a deep collaboration on user asset protection and Web3 innovation, the wallet is equipped with a secure element chip, supports the offline storage of a wide range of digital assets, and defends against common forms of cyberattack—offering users an enhanced standard of self-custody.

    Secure by Design: Ledger x BYDFi Hardware Wallet Makes Its Official Launch

    The launch drew large crowds to the BYDFi booth at TOKEN2049, where many attendees successfully received the limited edition wallet by completing live interactions. Designed for secure self-custody, the Ledger x BYDFi wallet gives users full control over their private keys and assets, reducing reliance on centralized platforms and elevating personal asset sovereignty.

    Michael, Co-founder of BYDFi, commented at the event:

    “TOKEN2049 coincides with BYDFi’s fifth anniversary, making this a milestone moment for us. This collaboration with Ledger reflects our continued commitment to asset security. The limited edition wallet is designed especially for high-net-worth individuals who demand institutional-grade protection for their digital assets.”

    Expanding Horizons: BYDFi’s Vision for Global Growth and Market Leadership

    In addition to the co-branded wallet, BYDFi showcased its on-chain trading solution, MoonX, at the event. As a flagship product of BYDFi’s “CEX + DEX” dual-engine strategy, MoonX merges the transparency of on-chain execution with the high-speed performance of centralized systems—delivering an ultra-smooth, seamless trading experience tailored to the rising demands of DeFi users.

    The launch of MoonX not only expands the boundaries of BYDFi’s trading ecosystem, but also promotes greater diversity in trading methods and empowers users with more choice and flexibility.

    Looking ahead, BYDFi will continue to strengthen collaborations with global partners and infrastructure providers, accelerating the deployment of innovative products and further solidifying its global service capabilities.

    About Ledger Nano X

    The Ledger Nano X is a hardware wallet certified by independent security labs. It features a tamper-proof secure element chip that safely stores users’ private keys. Any unauthorized access attempts trigger a self-destruct mechanism, ensuring maximum protection. Additional features include PIN protection, a 24-word recovery phrase, encrypted Bluetooth connectivity, and hidden wallets accessible via separate PINs—delivering comprehensive security for crypto asset holders.
    More info: https://www.ledger.com

    About BYDFi

    Founded in 2020, BYDFi has been recognized by Forbes as one of the world’s top 10 crypto exchanges, officially listed on CoinMarketCap and CoinGecko, and holds MSB licenses in multiple jurisdictions. It is also a member of South Korea’s CODE VASP Alliance.

    Today, BYDFi serves users in 190+ countries, with a global user base exceeding 1,000,000. The platform supports spot, perpetual, and on-chain trading, enabling access to over 600 cryptocurrencies and 500,000+ memecoin pairs. BYDFi is committed to delivering a world-class crypto trading experience. BUIDL Your Dream Finance.

    • Website: https://www.bydfi.com
    • Support Email: cs@bydfi.com
    • Business Partnerships: bd@bydfi.com
    • Media Inquiries: media@bydfi.com

    Twitter( X )| LinkedIn| Facebook | Telegram| YouTube

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/6a0f58b8-d323-40de-b689-70c3558a6f89
    https://www.globenewswire.com/NewsRoom/AttachmentNg/b9a49e6b-ad0d-4464-8213-42e029343cae

    The MIL Network

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

    Source: GlobeNewswire (MIL-OSI)

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

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

    Join the Best Sugar Daddy Website for Free!

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

    What Is a Sugar Baby Website?

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

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

    How sugar dating platforms work?

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

    Who are sugar babies and sugar daddies?

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

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

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

    Things to Look for in a Good Sugar Baby Website

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

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

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

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

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

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

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

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

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

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

    Best Sugar Baby Website and App

    SugarDaddyMeet.com

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

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

    Key Features

    Primary features of sugar daddy include:

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

    Ready to Be Pampered? Create Your Free Profile Now.

    Pros of using Sugardaddymeet.com platform

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

    Cons of using sugardaddymeet.com platform

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

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

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

    Sugar Daddy Meet Customer Reviews 

    ⭐⭐⭐⭐⭐

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

    ⭐⭐⭐⭐

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

    ⭐⭐⭐⭐⭐

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

    ⭐⭐⭐⭐

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

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

    Free vs Paid Sugar Baby Sites: Which Is Better?

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

    How to Stay Safe While Using Sugar Baby Apps

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

    Join a Top-Rated Sugar Daddy Website Today

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

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

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

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

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

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

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

    Tips for Creating a Successful Sugar Baby Profile

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

    Frequently Asked Questions (FAQ)

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

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

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

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

    Is Sugar Dating Right for You as a Sugar Baby?

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

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

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

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

    Final Thoughts: Finding the Best Sugar Dating Site for You

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

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

    Project name: SugarDaddyMeet.com
    10 – 8707 Dufferin St,
    Suite 160 Vaughan,
    Ontario L4J 0A6
    Canada
    Company website: https://www.sugardaddymeet.com/
    email: support@SugarDaddyMeet.com
    Content Accuracy Disclaimer
    Every effort has been made to ensure the accuracy of the information presented in this article. However, due to the dynamic nature of product formulations, promotions, and availability, details may change without notice. The publisher makes no warranties or representations as to the current completeness or accuracy of any content, including product claims, pricing, or ingredient lists.
    It is the responsibility of the reader to verify product information directly through the official website or manufacturer prior to making a purchasing decision. Any reliance placed on the information in this article is done strictly at your own risk.
    Affiliate Disclosure
    This article may contain affiliate links. If you purchase a product or service through these links, the publisher may earn a commission at no additional cost to you. These commissions help support the creation of in-depth reviews and educational wellness content.
    The publisher only promotes products that have been independently evaluated and deemed potentially beneficial to readers. However, this compensation may influence the content, topics, or products discussed in this article. The views and opinions expressed are those of the author and do not necessarily reflect the official policy or position of any affiliate partner or product provider.
    All product reviews and descriptions reflect the author’s honest opinion based on available public data, user feedback, and scientific references at the time of writing. The inclusion of affiliate links does not influence the objectivity or integrity of the content. However, readers are encouraged to independently verify product information and consult with healthcare professionals prior to purchase or use.
    No warranties, either expressed or implied, are made about the completeness, accuracy, reliability, or suitability of the content provided. The publisher and all affiliated parties expressly disclaim any and all liability arising directly or indirectly from the use of any information contained herein.
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    The MIL Network

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

    Source: Agenzia Fides – MIL OSI

    Wednesday, 30 April 2025

    FMA

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

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    MIL OSI Europe News

  • MIL-OSI: Sagtec Global Limited Achieves Strong Fiscal Year 2024 Performance with US$11.6 Million Revenue, Marking 78% Year-over-Year Growth

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, April 30, 2025 (GLOBE NEWSWIRE) — Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable software solutions, today announced its audited financial results for the financial year ended December 31, 2024 (the “Financial Results”).

    • Sagtec achieves record high revenue of US$11.6 million, for fiscal year 2024, reflecting a record high 78% Year-over-Year (YoY) growth.
    • Gross profit surged 49% YoY to US$2.8 million, driven by substantial increases in revenue.
    • Revenue contribution from the Speed+ smart ordering and QR ordering system subscriptions nearly doubled to 23% in 2024, reflecting strong market adoption.
    • Software development services also saw steady growth, contributing 10% of total revenue in 2024.
    • The company is now delivering stronger margins as it moves toward a more scalable and sustainable business model.

    “We are proud to have reached this milestone despite ongoing macroeconomic uncertainties. This success is a testament to the resilience of our business model and the unwavering dedication of our team. Our strong financial results underscore the growing demand for our innovative solutions and the effectiveness of our strategic initiatives. With significant growth in both revenue and gross profit, we are well-positioned for continued success. Looking ahead to 2025, we are focused on accelerating our expansion into key regional markets, including Indonesia, Hong Kong, and other Southeast Asian countries. This momentum reinforces our commitment to delivering sustained value to our clients, shareholders, and stakeholders as we continue to scale our presence in the digital economy,” said Kevin Ng Lok, Chairman, Executive Director and Chief Executive Officer of Sagtec.

    FINANCIAL RESULTS

    Revenue was US$11.6 million for fiscal year 2024, representing a surge of 78% YoY from US$6.5 million for fiscal year 2023. The growth in revenue is primarily attributed to strong performance across all core verticals – both services provided and tangible products, driven by the expansion in markets.

    • Sagtec’s revenue from services surged by 122% to US$6.8 million for the fiscal year 2024, compared to US$3.1 million in fiscal year 2023. This increase was primarily driven by strong client retention through subscription renewals and the successful acquisition of new subscribers during the year.
    • The company’s revenue generated from tangible products grew by 50%, reaching US$4.8 million for fiscal year 2024, compared to US$3.2 million in fiscal year 2023. This growth was largely fueled by the increased distribution of food ordering kiosks with screens, in response to shifting market behaviors and significant labor shortages in the F&B industry. Additionally, rising revenue from power bank charging stations highlights the success of Sagtec’s expansion strategy via dealers and resellers.
    • Sagtec’s revenue generated from rentals declined significantly to zero in fiscal year 2024. This strategic shift reflects the company’s decision to move away from the rental service model – which involves a long return on investment – in favor of direct machine sales, with ongoing maintenance supported by third-party operators.
      For the Fiscal Year Ended December 31  
      2024   2023   Change  
      USD   USD   %  
    Revenue from services 6,857,639   3,093,276   122 %
    Revenue from tangible products 4,774,291   3,192,013   50 %
    Revenue from rentals   146   -100 %
    Others   264,459   -100 %
    Total Revenue 11,631,930   6,549,894   78 %
                 

    Other income for fiscal year 2024 was zero, showing a significant decrease of 100% compared to US$264 thousand in fiscal year 2023.

    EBITDA stood at US$2.1 million in fiscal year 2024, reflecting a 17.7% margin of revenue, with a significant increase of 60%, compared to US$1.3 million in fiscal year 2023. This growth was primarily driven by higher profits and the reduction of non-essential expenses.

    Net income for the fiscal year 2024 amounted to US$1.6 million, representing a US$0.6 million increase from a net income of US$1.0 million for the fiscal year 2023.

    Cost of Service was US$8.9 million for the financial year ended December 31, 2024 representing an increase of 89% from US$4.7 million for the financial year ended December 31, 2023.

    • Cost of sales from services increased by 140% to US$5.9 million for the fiscal year 2024, compared to US$2.5 million for the fiscal year 2023. The rise is primarily due to the increase of server capacity and proportional maintenance expenses due to the growth in the expanding subscriber base.
    • Expenses for tangible products increased by 37% from US$2.1 million for the financial year ended December 31, 2023, to US$2.9 million for the financial year ended December 31, 2023. The increase is driven by the consistent growth in operational costs.
    • Cost of sales from rentals edged up by 1%, from US$0.73 million in fiscal year 2023 to US$0.74 million in 2024. The slight increase was mainly due to the expansion of rental spaces to support operations and accommodate growing client demand.
      2024   2023   Change  
      USD   USD   %  
    Cost of Sales – Services 5,943,246   2,477,397   140 %
    Cost of Sales – Tangible Products 2,895,333   2,118,865   37 %
    Cost of Sales – Rental 73,695   73,002   1 %
    Total 8,912,274   4,722,794   89 %
                 

    The expenses for the director compensation increased by 26% from US$0.12 million for fiscal year 2023 to US$0.15 million for the fiscal year 2024. The increase was due to the company’s commitment to rewarding management leadership for driving growth and enhancing overall performance.

    Non-controlling interests increased to 16% to US$17 thousand in fiscal year 2024 from US$11 thousand in fiscal year 2023. The increase of non-controlling interests is driven by the increase of other income.

    Operating income increased to US$2.1 million in fiscal year 2024, reflecting an increase of 55% compared to US$1.3 million in fiscal year 2023. This substantial growth was driven by effective and efficient cost management, despite rising operating expenses. It also reflects strong revenue growth from both services (146%) and tangible products (40%).

    As a result of the above, net profit was US$1.6 million for the financial year ended December 31, 2024, compared to US$1.0 million for the fiscal year ended December 31, 2023.

    Basic and diluted earnings per share was US$0.14 for the financial year ended December 31, 2024, compared to US$0.09 for the financial year ended December 2023, reflecting an increase of US$0.05 or 56%.

    CASH POSITION AND CAPITAL ALLOCATION

    Net cash generated from operating activities was US$1.3 million in fiscal year 2024, a significant increase of 134% from US$0.5 million in fiscal year 2023. This was primarily driven by net profit, adjustments for non-cash expenses, an increase in other receivables and prepayments, and a decrease in trade receivables.

    Net cash used in investing activities amounted to US$1.3 million in fiscal year 2024, representing a slight increase of 4% compared to US$1.2 million in fiscal year 2023. This increase was primarily driven by continued investment in plant and equipment.

    Net cash generated from financing activities declined to US$57 thousand in fiscal year 2024, reflecting a 92% decrease from US$788 thousand in fiscal year 2023. This decrease was primarily due to higher bank loan repayments and increased overdraft charges.

    Cash and cash equivalents stood at US$82 thousand as of December 31, 2024, marking a 254% increase compared to -US$52 thousand as of December 31, 2023. This figure includes cash on hand, bank balances, and cash held in share trading accounts. While the Company’s cash position improved significantly compared to the prior year, we continue to actively monitor and manage our liquidity position to ensure sufficient working capital to support operations and growth initiatives.

    About Sagtec Global Limited

    Sagtec is a leading provider of customizable software solutions, primarily serving the Food & Beverage (F&B) sector. The Company also offers software development, data management, and social media management to enhance operational efficiency across various industries. Additionally, Sagtec operates power-bank charging stations at 300 locations across Malaysia through its subsidiary, CL Technology (International) Sdn Bhd.

    For more information on the Company, please log on to https://www.sagtec-global.com/.

    Forward-Looking Statement

    This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “continue” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

    Contact Information:

    Sagtec Global Limited Contact:
    Ng Chen Lok
    Chairman, Executive Director & Chief Executive Officer
    Telephone +6011-6217 3661
    Email: info@sagtec-global.com

    The MIL Network

  • MIL-OSI Security: LaPorte Man Found Guilty by Jury

    Source: Office of United States Attorneys

    SOUTH BEND – Yesterday, Ron Deming, 38 years old, of LaPorte, Indiana, was found guilty today of receipt of child pornography and possession of child pornography after a two-day jury trial presided over by United States District Court Judge Damon R. Leichty, announced Acting United States Attorney Tina L. Nommay.

    Sentencing is scheduled for August 14, 2025. Any specific sentence to be imposed will be determined by the District Court Judge after consideration of federal statutes and the United States Sentencing Guidelines.

    This case was investigated by Homeland Security Investigations with assistance from the Indiana State Police and the LaPorte County Sheriff’s Office. The case was prosecuted by Assistant United States Attorneys Hannah T Jones and Katelan McKenzie Doyle.

    The case was brought as part of Project Safe Childhood. In 2006, the Department of Justice created Project Safe Childhood, a nationwide initiative designed to protect children from exploitation and abuse. Led by the U.S. Attorneys’ Offices and the DOJ’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute individuals who exploit children, as well as identify and rescue victims. For more information about Project Safe Childhood, please visit www.projectsafechildhood.gov.

    MIL Security OSI

  • MIL-OSI Security: FBI and Gary Police Seek Help Locating Missing Gary Teen

    Source: Federal Bureau of Investigation (FBI) State Crime News

    Ja’Niyah McMichael Would Be 14 Years Old Today

    The FBI and Gary Police Department are asking for the public’s help to locate Ja’Niyah McMichael, a teenager, who has been missing since August 12, 2024. Ja’Niyah was reported missing by her mother from their home in the 1900 block of Malcom X Blvd in Gary, Indiana.

    Investigators believe Ja’Niyah may be the victim of foul play and the search for her remains an active and ongoing investigation.

    At the time of her disappearance, Ja’Niyah was last seen wearing black pajama pants, a black hooded sweatshirt, and red and black shoes. She has known connections to Gary and East Chicago, Indiana.

    Today, Ja’Niyah would be 14 years old.

    In an effort to bring Ja’Niyah home and hold those responsible accountable, there is a $20,000 reward for information that leads to the arrest and conviction of the individual(s) responsible for her disappearance. The FBI is offering a reward of up to $10,000 and the City of Gary is also offering a $10,000 reward.

    Anyone with information—no matter how small—is urged to come forward. Tips can be submitted anonymously to the FBI at 1-800-CALL-FBI (1-800-225-5324), Gary or online at tips.fbi.gov.

    MIL Security OSI

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

    Source: GlobeNewswire (MIL-OSI)

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

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

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

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

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

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

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

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

    Strong recovery of NIM7, reaching 4.1% in 1Q25

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

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

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

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

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

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

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

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

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

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

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

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

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

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


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

    The MIL Network

  • MIL-OSI: Indonesia Energy Files 2024 Annual Report and Provides an Update on Operations and Planned Drilling During the Remainder of 2025

    Source: GlobeNewswire (MIL-OSI)

    2024 investments in seismic and other exploration work at Kruh Block set the stage for new drilling in the second half of 2025

    JAKARTA, INDONESIA AND DANVILLE, CA, April 30, 2025 (GLOBE NEWSWIRE) — Indonesia Energy Corporation (NYSE American: INDO) (“IEC”), an oil and gas exploration and production company focused on Indonesia, today announced that it has filed today its annual report on Form 20-F which contains its financial and operating results for the year ended December 31, 2024.

    Also provided in that report is an update on IEC’s planned drilling activity for the second half of 2025. During 2024, IEC curtailed drilling activity at its Kruh Block asset in lieu of investing in seismic and other exploration work intended to maximum the return on new drilling. That drilling is expected to commence in the second half of 2025, as IEC plans to drill at least one new well this year as part of its multi-year program to drill 18 new wells at Kruh Block.

    Mr. Frank Ingriselli, IEC’s President, commented “We are pleased to have filed our year end 2024 annual report, which shows our investments in Kruh Block as we look to recommence drilling activity this year. We believe our seismic data in hand will make our drilling even more effective and help us maximize the returns from this important asset.”

    More information regarding IEC’s financial and operating results for the years ended December 31, 2024 and 2023, including IEC’s full audited financial statements and footnotes, can be found in IEC’s annual report on Form 20-F which was filed earlier today with the Securities and Exchange Commission and is available on IEC’s website at: https://ir.indo-energy.com/sec-filings/

    A hard copy of the annual report is also available to be sent free of charge by contacting IEC at the following link: https://indo-energy.com/contact/

    About Indonesia Energy Corporation Limited

    Indonesia Energy Corporation Limited (NYSE American: INDO) is a publicly traded energy company engaged in the acquisition and development of strategic, high growth energy projects in Indonesia. IEC’s principal assets are its Kruh Block (63,000 acres) located onshore on the Island of Sumatra in Indonesia and its Citarum Block (195,000 acres) located onshore on the Island of Java in Indonesia. IEC is headquartered in Jakarta, Indonesia and has a representative office in Danville, California. For more information on IEC, please visit www.indo-energy.com.

    Cautionary Statement Regarding Forward-Looking Statements

    All statements in this press release, and related statements of Indonesia Energy Corporation Limited (“IEC”) and its representatives and partners that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Acts”). In particular, the words “could,” “estimates,” “believes,” “hopes,” “expects,” “intends,” “on-track”, “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Acts and are subject to the safe harbor created by the Acts. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. In this press release, forward-looking statements include, without imitation those related to IEC’s future drilling plans at Kruh Block. While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of significant risks, uncertainties, and other factors, many of which are outside of the IEC’s control, that could cause actual results to materially and adversely differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth in the Risk Factors section of the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2024, filed on April 29, 2025, and other filings with the Securities and Exchange Commission (SEC). Copies are of such documents are available on the SEC’s website, www.sec.gov and IEC’s website at https://ir.indo-energy.com/sec-filings/. IEC undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Company Contact:

    Frank C. Ingriselli
    President, Indonesia Energy Corporation Limited
    Frank.Ingriselli@Indo-Energy.com

    The MIL Network

  • MIL-OSI Economics: Lending and Deposit Rates of Scheduled Commercial Banks – April 2025

    Source: Reserve Bank of India

    Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of April 2025 are set out in Tables 1 to 7.

    Highlights:

    Lending Rates:

    • The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 9.35 per cent in March 2025 (9.40 per cent in February 2025).

    • The WALR on outstanding rupee loans of SCBs declined to 9.77 per cent in March 2025 from 9.80 per cent in February 2025.1

    • 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs remained unchanged at 9.00 per cent in April 2025.

    Deposit Rates:

    • The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs stood at 6.65 per cent in March 2025 as compared to 6.49 per cent in February 2025.

    • The weighted average domestic term deposit rate (WADTDR) on outstanding rupee term deposits of SCBs was 7.03 per cent in March 2025 (7.02 per cent in February 2025).1

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/223


    MIL OSI Economics

  • MIL-OSI China: Foreign Minister Lin meets with Eswatini king and queen mother, cohosts groundbreaking for strategic oil reserve facility

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    Foreign Minister Lin meets with Eswatini king and queen mother, cohosts groundbreaking for strategic oil reserve facility

    • Date:2025-04-24
    • Data Source:Department of West Asian and African Affairs

    April 24, 2025  
     No. 116  

    Minister of Foreign Affairs Lin Chia-lung, serving as President Lai Ching-te’s special envoy to Taiwan’s African ally Eswatini, met with Queen Mother Ntombi Tfwala and had an audience with King Mswati III on the afternoon of April 23. He and King Mswati III jointly presided over the groundbreaking ceremony for a strategic oil reserve facility, broadening bilateral cooperation into a new area.

     

    The king and the queen mother expressed appreciation for President Lai’s appointment of Minister Lin as special envoy for the king’s 57th birthday celebrations. They thanked Taiwan for its long-term assistance in developing Eswatini’s infrastructure, which they said had played an important role in economic growth. The king and the queen mother reaffirmed the robust diplomatic partnership between the two countries and pledged to continue to support Taiwan’s participation in international organizations.

     

    Special Envoy Lin extended birthday wishes to King Mswati III on behalf of President Lai and presented the king with a congratulatory letter from the president as well as special envoy credentials. He also delivered birthday gifts to the king, including cattle in accordance with local customs, high-tech products and delicacies from Taiwan, and a wooden sculpture entitled Infinite Wisdom by Taiwanese artist Kang Mu-xiang. 

     

    In his remarks, Special Envoy Lin thanked King Mswati III for leading a delegation to the inauguration of President Lai in May 2024 to convey support for Taiwan’s new administration. He said that Taiwan, as an important ally of Eswatini, would continue to contribute to the development of key infrastructure projects. He commended the king for fully supporting the launch of the strategic oil reserve facility and noted that it was the largest cooperation project to be undertaken by the two nations since the establishment of diplomatic ties. Special Envoy Lin said the project demonstrated that Taiwan was Eswatini’s steadfast partner, adding that the two countries had always supported each other. He stressed that Taiwan would continue to promote and expand the scope of bilateral exchanges and cooperation to further assist Eswatini in realizing its development goals.

     

    Following their meeting, Special Envoy Lin and King Mswati III jointly presided over the groundbreaking ceremony for the strategic oil reserve facility. The milestone in bilateral relations was witnessed by prominent leaders from all sectors of Eswatini society. King Mswati III also hosted a reception for Special Envoy Lin, the delegation, and other guests, demonstrating the high regard of the Eswatini royal family and government for the visitors and the project.

     

    Taiwan and Eswatini established diplomatic relations in 1968. Over the past 57 years, bilateral ties have been stable and cordial. The government of Eswatini has actively and unfailingly supported Taiwan’s participation in international organizations. It is one of Taiwan staunchest allies. (E)

    MIL OSI China News