NewzIntel.com

Category: Asia

  • MIL-OSI Canada: Statement by Prime Minister Carney commemorating the Komagata Maru incident

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, issued the following statement commemorating the Komagata Maru incident:

    “In 1914, the Komagata Maru steamship anchored in Vancouver’s harbour after a long journey across the Pacific. The 376 people aboard – of Sikh, Muslim, and Hindu faiths – arrived seeking refuge and dignity.

    “Canadian authorities however, using exclusionary and discriminatory laws, refused them entry. For two months, passengers were detained on the ship and denied access to food, water, and medical care. When they were forced to return to India, many were imprisoned or killed there.

    “The Komagata Maru tragedy is a stark reminder of how, in moments of our history, Canada fell short of the values we hold dear. We cannot rewrite the past, but we must confront it; to act with purpose, to ensure that such injustices are never repeated, and to build a stronger future where inclusion is not a slogan, but a reality – lived, practised, and defended.

    “Let this solemn anniversary serve as a call of remembrance and conscience. To honour the past is to learn from it, and to learn from it is to act.”

    MIL OSI Canada News –

  • Russia and Ukraine start prisoner exchange, but not yet completed

    Source: Government of India

    Source: Government of India (4)

    Russia and Ukraine began a major prisoner swap on Friday that was agreed on at their first direct talks in more than three years, a Ukrainian military source said on Friday.

    U.S. President Donald Trump said the prisoner exchange had already been completed but Kyiv and Moscow did not confirm this and the military source said the swap was still under way.

    Russia and Ukraine each agreed at two hours of talks in Istanbul last week to swap 1,000 prisoners, but failed to agree to a ceasefire proposed by Trump. Previous prisoner swaps have been mediated by the United Arab Emirates.

    The prisoner swap was the only concrete step towards peace the two sides agreed at their talks in Istanbul.

    “Congratulations to both sides on this negotiation. This could lead to something big???,” Trump said in a post on Truth Social.

    Hundreds of thousands of soldiers on both sides are believed to have been wounded or killed in Europe’s deadliest war since World War Two, although neither side publishes accurate casualty figures. Tens of thousands of Ukrainian civilians have also died as Russian forces have besieged and bombarded Ukrainian cities.

    Ukraine says it is ready for a 30-day ceasefire immediately, but Russia, which launched the war by invading its neighbour in 2022 and now occupies about a fifth of Ukraine, says it will not pause its assaults until conditions are met first. A member of the Ukrainian delegation called those conditions “non-starters”.

    Trump, who has shifted U.S. policy from supporting Ukraine towards accepting some of Russia’s account of the war, had said he could tighten sanctions on Russia if Moscow blocked a peace deal. But after speaking to Putin on Monday he decided to take no action for now.

    Moscow says it is ready for peace talks while the fighting goes on, and wants to discuss what it calls the war’s “root causes”, including its demands Ukraine cede more territory, and be disarmed and barred from military alliances with the West. Kyiv says that is tantamount to surrender and would leave it defenceless in the face of future Russian attacks.

    (Reuters)

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

    Source: US FBI

    SOUTH BEND – Late yesterday, Stephen Forte, 63 years old, of Lakeland, Florida, was found guilty of two felony counts after a one-day jury trial presided over by United States District Court Judge Damon R. Leichty, announced Acting United States Attorney Tina L. Nommay.

    Specifically, Forte was found guilty of abusive sexual contact and interference with the duties of a flight crew member, both committed within the special aircraft jurisdiction of the United States for conduct occurring on a flight from St. Petersburg, Florida to South Bend, Indiana.

    Sentencing is scheduled for September 5, 2025, at 10:00 am. 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 the Federal Bureau of Investigation with assistance from the St. Joseph County Airport Authority Department of Public Safety.  The case was prosecuted by Assistant United States Attorneys Jerome W. McKeever and Hannah T Jones.

    MIL Security OSI –

  • MIL-OSI Security: Sin City Deciples Member Sentenced to 180 Months in Prison

    Source: US FBI

    HAMMOND- Roger Lee Ervin Burton, age 55, of Merrillville, Indiana, was sentenced by United States District Court Judge Philip P. Simon after pleading guilty to a racketeering conspiracy announced Acting United States Attorney Tina L. Nommay.

    Burton was sentenced to 180 months in prison followed by 2 years of supervised release. 

    According to the Second Superseding Indictment, the Sin City Deciples, originally formed in 1967 in Gary, Indiana, is an outlaw motorcycle organization in which its members and associates engaged in acts of violence, extortion, and narcotics distribution in the Northern District of Indiana and elsewhere.

    Burton served as a National Board Member of the entire club and was described by informants as one of the top three leaders in the criminal organization.  

    The agencies involved in this prosecution were: the Bureau of Alcohol, Tobacco, Firearms and Explosives, the East Chicago Police Department, the Federal Bureau of Investigation, the Gary Police Department, the Griffith Police Department, the Hammond Police Department, the Internal Revenue Service-Criminal Investigation Division, the Lake County Sheriff’s Department, Indiana High Intensity Drug Trafficking Area officers and agents, the Merrillville Police Department, the Munster Police Department, and the Schererville Police Department.   Also aiding were the Lake County Prosecutor’s Office, the U.S. Attorney’s Offices for the Eastern District of Arkansas, the Northern District of Illinois, the Southern District of Indiana, the Western District of Kentucky, and the Western District of Pennsylvania.

    This case was prosecuted by Assistant United States Attorneys David J. Nozick, Michael J. Toth, and former Assistant United States Attorney Kimberly L. Schultz.  

    This case was part of an Organized Crime Drug Enforcement Task Force (OCDETF) investigation. OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

    This case was also part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    MIL Security OSI –

  • MIL-OSI Security: Federal Grand Jury in Louisville Returns Superseding Indictment Charging Three Men with Murder of Federal Witness

    Source: US FBI

    Louisville, KY – On May 6, 2025, a federal grand jury in Louisville returned a superseding indictment charging three men with conspiring to kill, and ultimately murdering, a witness in a federal investigation. Two of the defendants were previously charged with drug trafficking and firearms-related charges.    

    U.S. Attorney Michael A. Bennett of the Western District of Kentucky, Special Agent in Charge Jim Scott of the DEA Louisville Field Division, Acting Special Agent in Charge Olivia Olson of the FBI Louisville Field Office, Special Agent in Charge John Nokes of the ATF Louisville Field Division, Special Agent in Charge Rana Saoud of Homeland Security Investigations Nashville, Special Agent in Charge Karen Wingerd of the Internal Revenue Service, Criminal Investigation, Cincinnati Field Office, and Chief Paul Humphrey of the Louisville Metro Police Department made the announcement.

    According to the superseding indictment, Anyelle Curtley, Sr., 47, of Louisville, Delrico Nelson, 48, of Macomb, Illinois, and Antoyne Penick, 48, of Louisville, are each charged with conspiracy to tamper with a witness or informant by killing and conspiracy to retaliate against a witness or informant by killing. The superseding indictment alleges that between December 28, 2023, and January 31, 2023, Curtley Sr., Nelson, and Penick conspired and agreed to kill Victim 1 with the intent to prevent the testimony of Victim 1 in an official proceeding and to prevent Victim 1 from communicating with a law enforcement officer or judge information relating to the commission of a federal offense. Additionally, the superseding indictment alleges that the three men conspired and agreed to kill Victim 1 in retaliation for providing information to a law enforcement officer relating to the commission of a federal offense.

    Also, according to the superseding indictment, Curtley Sr. and Nelson, aided and abetted by each other, killed Victim 1, who was a person assisting a federal investigation, while that assistance was being rendered and because of it. Finally, the superseding indictment alleges that Curtley Sr. and Nelson aided and abetted each other in the murder of Victim 1 through the use of a firearm.

    This indictment supersedes an indictment returned March 5, 2024, charging Curtley, Sr. and others with drug trafficking and firearms related charges.

    The March 5, 2024, indictment charged Carl Delph, 53, of California, Curtley, Sr., Anyelle Curtley, Jr., 26, Adrian Richie, 35, Joseph Cousins, 39, Alandro O’Neal, 50, Jeroy Boyd, 44, Ameer Ellis, 45, Paul Butler, Jr., 35, and Susan Jenkins, 41, all of Louisville, with conspiracy to possess with intent to distribute controlled substances. Beginning as early as May 9, 2023, and continuing through February 21, 2024, the defendants conspired to possess with the intent to distribute and distributed over 50 grams of methamphetamine, over 400 grams of fentanyl, and over 500 grams of cocaine.

    Delph and Curtley, Sr. were also charged with a money laundering conspiracy.

    Delph was also charged with distributing over 500 grams of cocaine and distributing over 400 grams of fentanyl.

    Curtley, Sr. was also charged with distributing methamphetamine, cocaine, and fentanyl, attempting to possess with the intent to distribute cocaine and fentanyl, possessing with the intent to distribute fentanyl, possessing a firearm in furtherance of a drug trafficking crime, and possessing a firearm as a convicted felon. On December 28, 2023, Curtley, Sr., possessed a Glock, model 27, .40 caliber handgun. Curtley, Sr. was prohibited from possessing a firearm because he had previously been convicted the following felony offense.

    On May 19, 2010, in the United States District Court for the Western District of Kentucky, Curtley, Sr. was convicted of possession with intent to distribute cocaine and possession of a firearm by a convicted felon.

    Curtley, Jr. was also charged with distributing fentanyl and cocaine.

    Richie and Cousins were also charged with distributing fentanyl.

    O’Neal, Ellis, and Jenkins were also charged with distributing methamphetamine.

    Boyd was also charged with distributing cocaine.

    Butler, Jr. was also charged with distributing methamphetamine and fentanyl.

    Cousins and O’Neal have pled guilty and are pending sentencing before a United States District Judge.

    An additional federal indictment was returned on March 5, 2024, charging Christopher Curtley, 50, and Penick, both of Louisville, with conspiracy to possess with intent to distribute controlled substances. Beginning as early as January 9, 2024, and continuing through February 29, 2024, the defendants conspired to distribute methamphetamine, fentanyl, and heroin.

    Christopher Curtley was also charged with distributing fentanyl and methamphetamine.

    Penick was also charged with distributing fentanyl, methamphetamine, and heroin. Penick was also charged with possessing a firearm in furtherance of a drug trafficking crime and possession of a firearm by a convicted felon. On January 24, 2024, Penick possessed a Heritage Manufacturing Inc., Model Rough Rider, .22 caliber revolver. Penick was prohibited from possessing a firearm because he had previously been convicted of the following felony offenses.

    On September 27, 2017, in Jefferson Circuit Court, Penick was convicted of flagrant non-support.

    On October 19, 2015, in Clark Circuit Court, Clark County, Indiana, Penick was convicted of theft.

    On November 1, 2010, in Clark Superior Court, Clark County, Indiana, Penick was convicted of theft, robbery (two counts), and dealing in marijuana.

    Those charges against Christopher Curtley and Penick remain pending.

    Curtley Sr. and Penick previously appeared before a U.S. Magistrate Judges of the U.S. District Court for the Western District of Kentucky on the underlying drug and firearm charges. Nelson appeared before a U.S. Magistrate Judge for Central District of Illinois on May 8, 2025. Curtley Sr., Nelson, and Penick have been ordered detained pending trial. If convicted of the offenses alleged in the superseding indictment, all three defendants face a potential sentence of death, life, or any term of years. A federal district court judge will determine any sentence after considering the sentencing guidelines and other statutory factors.

    There is no parole in the federal system. 

    This case is being investigated by the DEA, FBI, HSI, ATF, IRS-CI, and the Louisville Metro Police Department, with assistance from the Kentucky State Police and Macomb, Illinois Police Department.

    Assistant U.S. Attorneys Frank Dahl and Josh Porter are prosecuting the case, with assistance from paralegal Aaron Cooper.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    ###

    MIL Security OSI –

  • MIL-OSI Security: Former Senior Partner at McKinsey & Company Sentenced

    Source: Office of United States Attorneys

    Martin Elling to Serve Six Months in Federal Prison for Obstructing Justice Related to his Work with Purdue Pharma

    ABINGDON, Va. – A former senior partner at McKinsey & Company, a global management consulting firm based in New York, N.Y., that agreed in 2024 to pay $650 million to resolve criminal and civil investigations into the firm’s consulting work with opioids manufacturers, including Purdue Pharma, L.P., was sentenced yesterday to six months in federal prison for obstructing justice related to his work on Purdue matters. In addition, Elling was ordered to serve two years of supervised release following his incarceration, which includes a requirement that he perform 1,000 hours of community service. The court also imposed a $40,000 fine.

    Martin Elling, 60, a U.S. citizen most recently residing in Bangkok, Thailand, pled guilty in January 2025 to a one-count Information charging him with knowingly destroying records with the intent to impede, obstruct, and influence the investigation and proper administration of a matter within the jurisdiction of the United States Department of Justice.

    “Martin Elling willfully destroyed records in order to obstruct a Department of Justice investigation related to the actions of McKinsey & Company, Purdue Pharma and the opioid crisis that has devastated communities in this region. He will now have six months to fully comprehend the consequences of those actions,” Acting United States Attorney Zachary T. Lee said today. “This sentence should be an example to all individuals considering similar actions – if you destroy records, if you impeded a Department of Justice investigation, you will go to jail.”

    “Today’s sentencing sends a resounding message: those who attempt to obstruct justice and conceal the truth – no matter how senior, sophisticated, or well-connected – will be held accountable,” said Leah B. Foley, U.S. Attorney for the District of Massachusetts. “Mr. Elling’s efforts to erase evidence tied to McKinsey’s work with Purdue Pharma were not just a breach of corporate integrity – they were a calculated effort to hinder a federal investigation into one of the most devastating public health crises in our nation’s history. Justice requires the truth, and our office will continue to pursue it wherever the facts lead.”

    “Knowingly destroying records and documents to impede a government investigation into the unlawful prescribing of opioids impairs the ability of law enforcement to do its job and endangers the public health,” said Special Agent in Charge George A. Scavdis of the FDA Office of Criminal Investigations Metro Washington Field Office. “We will continue to investigate and bring to justice those who attempt to thwart these important investigations and whose actions put profits over patient safety.”

    “The opioid epidemic has left a trail of heartbreak across Virginia and the nation,” said Virginia Attorney General Jason Miyares. “I commend both the US Department of Justice and my office’s Medicaid Fraud Control Unit for their exemplary efforts and partnership to ensure justice is served.”

    According to court documents, in May 2013, Purdue engaged McKinsey to recover lost OxyContin sales. Purdue retained McKinsey to conduct a rapid assessment of the underlying drivers of OxyContin performance, identify key opportunities to increase near-term OxyContin revenue and develop plans to capture priority opportunities. This 2013 effort was called Evolve to Excellence, or “E2E,” and included McKinsey advising Purdue on how to “turbocharge” the sales pipeline for OxyContin by, among other strategies, intensifying marketing to High Value Prescribers.

    Elling served as the director of the client services team for approximately 30 of McKinsey’s engagements with Purdue. He had a senior, relationship-focused role with respect to the E2E engagement and was involved in securing the engagement for McKinsey.

    On July 4, 2018, Elling emailed another senior partner: “Just saw in the FT that [Purdue board member] is being sued by states attorneys general for her role on the [Purdue] Board. It probably makes sense to have a quick conversation with the risk committee to see if we should be doing anything other [than] eliminating all our documents and emails. Suspect not but as things get tougher there someone might turn to us.”

    According to court documents, forensic analysis of Elling’s McKinsey-issued laptop found that Elling in fact deleted materials related to McKinsey’s work for Purdue from the laptop, as well as a Purdue-related folder from his Outlook email account. On August 22, 2018, Elling emailed himself an apparent to-do list, with the subject line, “When home.” The items listed included: “delete old pur [Purdue Pharma] documents from laptop[.]” Forensic analysis of Elling’s laptop by the Department of Justice’s Computer Crimes and Intellectual Property Section determined that between approximately April 2018 and September 2018, Elling removed a folder titled “Purdue” (which included a subfolder entitled “Strategy”) from his Windows operating system that contained more than 100 items for whom the filenames indicate they were from as far back as 2004 and included the name of the Purdue Pharma CEO at the time of the origination of the Purdue Pharma engagements with McKinsey. The CEO was among the former Purdue Pharma executives who, in 2007, pled guilty and was convicted of misbranding in United States District Court in Abingdon.

    On August 25, 2018, Elling emailed himself the following, “Remove Pur[due] folder from garbage[.]” Elling was aware of the investigations into Purdue Pharma’s conduct and knowingly deleted folders, documents, and emails from his McKinsey-issued laptop knowing these documents would be pertinent to those investigations.

    The case was prosecuted by Assistant United States Attorney Randy Ramseyer of the United States Attorney’s Office for the Western District of Virginia; Assistant United States Attorneys Amanda P. Masselam Strachan and William B. Brady of the United States Attorney’s Office for the District of Massachusetts; Senior Trial Counsel Kristen M. Echemendia of the Civil Division’s Commercial Litigation Branch (Fraud Section); Trial Attorneys Jessica Harvey and Steven R. Scott of the Civil Division’s Consumer Protection Branch; and Special Assistant United States Attorneys and Assistant Attorneys General Kristin Gray and Kimberly Bolton of the Virginia Office of the Attorney General’s Medicaid Fraud Control Unit.

    The matter was investigated by the Food and Drug Administration – Office of Criminal Investigations, Federal Bureau of Investigation, and the Offices of the Inspector General of the Department of Health and Human Services, Department of Veterans Affairs, and Office of Personnel Management, with assistance from the Department of Justice’s Computer Crimes and Intellectual Property Section.

    MIL Security OSI –

  • MIL-OSI United Nations: 22 May 2025 Departmental update African Nations unite to eliminate visceral leishmaniasis and boost cross-border collaboration for NTDs

    Source: World Health Organisation

    In a powerful demonstration of country-driven leadership and cross-border solidarity, Ministry of Health representatives from various African countries pledged to intensify action to eliminate neglected tropical diseases (NTDs).

    At a side event held on the margins of the 78th World Health Assembly on Wednesday, 21 May 2025, under the leadership of the African Union Commission, several countries signed a landmark Memorandum of Understanding (MoU) to eliminate visceral leishmaniasis (VL), and endorsed a Call for Action to promote cross-border collaboration and accelerate progress towards elimination targets set for NTDs.

    Eliminating visceral leishmaniasis in eastern Africa

    With this MoU, the ministers or their representatives of Chad, Djibouti, Ethiopia, Somalia, South Sudan and Sudan agreed to invest resources, develop effective policies and collaborate closely to achieve the ambitious targets outlined in the VL strategic framework launched in June 2024.Additional eastern African countries are expected to sign the MoU in the near future. 

    “As the global community reaches the half-way point towards the road map targets and almost one year after we launched a strategic framework for the elimination of visceral leishmaniasis, the critical role of country-led efforts and cross-border collaboration in accelerating elimination cannot be over emphasized,” said Dr Ibrahima Socé Fall, Director of the

    WHO Global Neglected Tropical Diseases Programme  in his opening remarks.

    Of all the NTDs, VL is among the deadliest and most outbreak-prone diseases and is endemic in all six WHO regions, with 74% of its global burden in the eastern African epidemiological subregion. Half of the cases occur in children aged under 15 years. Also known as kala-azar, VL is a lethal parasitic disease that causes fever, weight loss, spleen and liver enlargement, and — if untreated — death.

    Ministers and delegates of Chad, Sudan, Somalia, South Sudan and Djibouti (left to right) holding the Memorandum of Understanding on elimination of visceral leishmaniasis in eastern Africa /© Orbisswiss Photos & Press

    Accelerating elimination of NTDs through cross-border collaboration

    Like VL, many NTDs are vector-borne or waterborne, making them easily transmissible across borders. The movement of people and animals  further facilitates this spread, posing a barrier to  national elimination goals and progress towards

    road map targets.

    This was the focus of the second significant moment of the event in which a Call for Action on NTD cross-border collaboration was issued by the Ministers of Health of Cameroon, Niger and Nigeria. They urged countries to share experiences in developing collaboration agreements and workplans and take collective action.

    To address this challenge, Member States are encouraged to coordinate efforts and endorse joint MoUs to enable synchronized interventions, surveillance and data-sharing across borders. Regional and multilateral agencies, along with international development partners, should advocate for increased financing, provide technical support and invest in data systems and innovation to strengthen cross-border initiatives towards elimination of all NTDs.

    Climate change adds urgency, as warming temperatures and extreme weather events create favourable conditions for the spread and re-emergence of diseases.  

    Strong cross-border coordination is therefore critical — not only to interrupt transmission in endemic areas but also to maintain elimination through effective post-elimination surveillance.

    “We know that diseases do not stop at borders — and neither should our response. More than 600 million people on our continent remain at risk of at least one of the NTDs,” said Dr Jean Kaseya, Director General of Africa CDC in a statement read by Dr Landry Tsague Dongmo, Africa CDC’s Director Center for Primary Health Care. “Africa CDC has been working to enhance cross-border surveillance platforms through the Integrated Disease Surveillance and Response framework, in close collaboration with WHO,” he added.

    Towards an NTD-free world

    This crucial side event underscored that while individual country successes are vital, the interconnected nature of NTD transmission necessitates robust cross-border approaches, particularly in the face of challenges like climate change. The commitment of east African nations to tackle VL head-on through unified action sets a compelling precedent for accelerating the elimination of other devastating NTDs.

    These efforts build on significant advances in the fight against NTDs across Africa. As of May 2025, 56 countries have eliminated at least one NTD globally, including Togo (four NTDs) and Benin, Ghana (three NTDs). In 2024 and 2025, several other African countries have achieved this target for one or two NTDs: most recently Chad, Guinea, Mauritania and Niger were acknowledged by WHO for eliminating an NTD.

    “To reach elimination, we need more medical innovation. VL patients and their communities urgently need new, improved oral treatments. The recent successes of South Asian countries, such as Bangladesh, in eliminating kala-azar show that global elimination of this dreadful disease is within our reach, and I would like to commend the inspiring leadership, unity, and commitment shown today by our African partners,” said Dr Luis Pizarro, Executive Director of the non-profit medical research organization Drugs for Neglected Diseases initiative (DNDi). 

    The event, themed “Accelerating NTD elimination through country-driven efforts and cross-border collaboration,” was spearheaded by the African Union Commission and the WHO-led Global Onchocerciasis Network for Elimination (GONE), and supported by The END Fund and the Drugs for Neglected Diseases initiative (DNDi).

    MIL OSI United Nations News –

  • MIL-OSI: Imperial Petroleum Inc. Reports First Quarter 2025 Financial and Operating Results

    Source: GlobeNewswire (MIL-OSI)

    ATHENS, Greece, May 23, 2025 (GLOBE NEWSWIRE) — IMPERIAL PETROLEUM INC. (NASDAQ: IMPP; the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the first quarter ended March 31, 2025.

    OPERATIONAL AND FINANCIAL HIGHLIGHTS

    • Fleet operational utilization of 83.8% in Q1 25’ versus 86% in Q4 24’ and 80.6% in Q1 24’.
    • About 47% of fleet calendar days were dedicated to time charter activity while 53% to spot activity.
    • Delivery of the dry bulk carrier, Supra Pasha (2012 built) on April 26th 2025; the remaining six contracted dry bulk carriers will be delivered by June 2025.
    • Revenues of $32.1 million in Q1 25’ compared to $41.2 million in Q1 24’- a 22.1% decline as market rates were stronger during Q1 24’.
    • Net income of $11.3 million in Q1 25’ versus $16.7 million in Q1 24’, corresponding to an EPS, basic of $0.32.
    • EBITDA1 of $14.7 million for Q1 25’.
    • Revenues and net income increased by $5.9 million (or 22.5%) and $7.4 million (or 189.7%), respectively, in Q1 25’ compared to Q4 24’.
    • Cash and cash equivalents including time deposits of $227.4 million as of March 31, 2025 which is 167.5% higher than our current market capitalization of about $85 million.
    • Recurring profitability and debt free capital structure facilitate robust cash flow generation.

    First Quarter 2025 Results:

    • Revenues for the three months ended March 31, 2025 amounted to $32.1 million, a decrease of $9.1 million, or 22.1%, compared to revenues of $41.2 million for the three months ended March 31, 2024, primarily due to a decrease in the spot market tanker rates. During the three months ended March 31, 2024 average spot rates for product and suezmax tankers were 26.9% and 24.2% higher than average spot rates during the three months ended March 31, 2025.
    • Voyage expenses and vessels’ operating expenses for the three months ended March 31, 2025 were $10.5 million and $7.1 million, respectively, compared to $13.5 million and $6.0 million, respectively, for the three months ended March 31, 2024. The $3.0 million decrease in voyage expenses is mainly attributed to increased time charter activity leading to a decline in spot days by 16.1%. The decline in spot days along with the decrease in the Suez Canal transits compared to the same period of last year, led to decreased bunker consumption by 21.2% and lower port expenses by 30.8%. The $1.1 million increase in vessels’ operating expenses is primarily due to the increased size of our fleet by an average of 2.1 vessels between the two periods.
    • Drydocking costs for the three months ended March 31, 2025 and 2024 were nil and $0.6 million, respectively. This decrease is due to the fact that during the three months ended March 31, 2025, no vessel underwent drydocking whereas during the three months ended March 31, 2024 our aframax tanker commenced its drydocking which was concluded within April 2024.
    • General and administrative costs for both the three months ended March 31, 2025 and 2024 were $1.2 million.
    • Depreciation for the three months ended March 31, 2025 and 2024 was $5.0 million and $4.0 million, respectively. The change is attributable to the increase in the average number of vessels in our fleet.
    • Management fees for the three months ended March 31, 2025 and 2024 were $0.5 million and $0.4 million, respectively. The change is attributable to the increase in the average number of vessels in our fleet.
    • Interest and finance costs for the three months ended March 31, 2025 and 2024 were $0.6 million and $0.002 million, respectively. The $0.6 million of costs for the three months ended March 31, 2025 relate mainly to accrued interest expense – related party in connection with the $14.0 million and $24.0 million part of the acquisition prices of our bulk carriers, Neptulus and Clean Imperial, respectively. These balances were completely settled in April 2025. For accounting purposes, the outstanding balances payable on the two vessels were required to be allocated between principal and imputed interest, despite the fact that no interest was contractually charged by the sellers. The total amounts ultimately paid remained consistent with the originally agreed purchase prices.
    • Interest income for the three months ended March 31, 2025 was $2.2 million as compared to $1.0 million for the three months ended March 31, 2024. The $1.2 million increase is mainly attributed to a higher amount of funds placed under time deposits.
    • Interest income – related party for the three months ended March 31, 2025 was nil as compared to $0.8 million for the three months ended March 31, 2024. The decrease is mainly attributed to the $0.8 million of accrued interest income – related party for the three months ended March 31, 2024 in connection with the $38.7 million of the sale price of the Aframax tanker Afrapearl II (ex. Stealth Berana). The balance was collected in July 2024, thus the balance for the three months ended March 31, 2025 was nil.
    • Foreign exchange (loss)/gain for the three months ended March 31, 2025 was a gain of $1.7 million as compared to a loss of $0.8 million for the three months ended March 31, 2024. The $1.7 million foreign exchange gain for the three months ended March 31, 2025, is mainly attributed the strengthening of the euro currency against the dollar at the end of the three months ended March 31, 2025 when compared to the respective currency values at the end of year 2024.
    • As a result of the above, for the three months ended March 31, 2025, the Company reported net income of $11.3 million, compared to net income of $16.7 million for the three months ended March 31, 2024. Dividends paid on Series A Preferred Shares amounted to $0.4 million for the three months ended March 31, 2025. The weighted average number of shares of common stock outstanding, basic, for the three months ended March 31, 2025 was 32.9 million. Earnings per share, basic and diluted, for the three months ended March 31, 2025 amounted to $0.32 and $0.30, respectively, compared to earnings per share, basic and diluted, of $0.56 and $0.50, respectively, for the three months ended March 31, 2024.
    • Adjusted net income1 was $12.2 million corresponding to an Adjusted EPS1, basic of $0.34 for the three months ended March 31, 2025 compared to an Adjusted net income of $17.5 million corresponding to an Adjusted EPS, basic, of $0.59 for the same period of last year.
    • EBITDA1 for the three months ended March 31, 2025 amounted to $14.7 million, while Adjusted EBITDA1 for the three months ended March 31, 2025 amounted to $15.6 million.
    • An average of 11.90 vessels were owned by the Company during the three months ended March 31, 2025 compared to 9.84 vessels for the same period of 2024.

    1 EBITDA, Adjusted EBITDA, Adjusted Net Income and Adjusted EPS are non-GAAP measures. Refer to the reconciliation of these measures to the most directly comparable financial measure in accordance with GAAP set forth later in this release. Reconciliations of Adjusted Net Income, EBITDA and Adjusted EBITDA to Net Income are set forth below.

    Fleet Employment Table

    As of May 23, 2025, the profile and deployment of our fleet is the following:

                           
    Name Year
    Built    		    Country
    Built    		    Vessel Size
    (dwt)    		    Vessel
    Type    		    Employment
    Status    		    Expiration of
    Charter(1)
    Tankers                           
    Magic Wand 2008    Korea    47,000    MR product tanker    Time Charter   October 2025
    Clean Thrasher 2008    Korea    47,000    MR product tanker    Time Charter    May 2025
    Clean Sanctuary (ex. Falcon Maryam) 2009    Korea    46,000    MR product tanker    Spot     
    Clean Nirvana 2008    Korea    50,000    MR product tanker    Spot     
    Clean Justice 2011    Japan    46,000    MR product tanker    Time Charter    September 2027
    Aquadisiac 2008   Korea   51,000   MR product tanker   Spot    
    Clean Imperial 2009   Korea   40,000   MR product tanker   Time Charter   January 2026
    Suez Enchanted 2007    Korea    160,000    Suezmax tanker    Spot     
    Suez Protopia 2008    Korea    160,000    Suezmax tanker    Spot     
    Drybulk Carriers(2)                           
    Eco Wildfire 2013    Japan    33,000    Handysize drybulk    Time Charter    May 2025
    Glorieuse 2012    Japan    38,000    Handysize drybulk    Time Charter    June 2025
    Neptulus 2012   Japan   33,000   Handysize drybulk   Time Charter   June 2025
    Supra Pasha 2012   Japan   56,000   Supramax drybulk   Spot    
    Fleet Total           807,000 dwt               
    (1)
    (2)    		 Earliest date charters could expire.
    We have contracted to acquire six Japanese built drybulk carriers, aggregating approximately 387,000 dwt, which are
    expected to be delivered to us by June 2025.
       

    CEO Harry Vafias Commented

    Another year commenced with a positive momentum for Imperial Petroleum. We are happy as we consider the $11.3 million of net income generated in Q1 25’ a very good result given the eventful but softish market. This is a busy period for our Company but at the same time exciting as we are taking on delivery of another six drybulk vessels. Within the short life of Imperial Petroleum, we are expanding our fleet from four vessels to nineteen by the second quarter of 2025; our goal of growing fast and transforming a small company to medium sized was achieved. We feel confident that the diversified quality non- Chinese fleet we have created will pay off. Imperial Petroleum enjoys fast growth, recurring profits, zero bank debt and liquidity as of March 31, 2025 in excess of $220 million and as per our view ticks all the boxes that define a successful operation.

    Conference Call details:

    On May 23, 2025 at 10:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook.

    Online Registration:

    Conference call participants should pre-register using the below link to receive the dial-in numbers and a personal PIN, which are required to access the conference call.

    https://register-conf.media-server.com/register/BIaef045aa9f5b46a7b5e8eb48c2e56115

    Slides and audio webcast:

    There will also be a live and then archived webcast of the conference call, through the IMPERIAL PETROLEUM INC. website (www.ImperialPetro.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

    About IMPERIAL PETROLEUM INC.        

    IMPERIAL PETROLEUM INC. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services. The Company owns a total of thirteen vessels on the water – seven M.R. product tankers, two suezmax tankers and four handysize drybulk carriers – with a total capacity of 807,000 deadweight tons (dwt), and has contracted to acquire an additional six drybulk carriers of 387,000 dwt aggregate capacity. Following these deliveries, the Company’s fleet will count a total of 19 vessels with an aggregate capacity of 1.2 million dwt. IMPERIAL PETROLEUM INC.’s shares of common stock and 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock are listed on the Nasdaq Capital Market and trade under the symbols “IMPP” and “IMPPP,” respectively.

    Forward-Looking Statements

    Matters discussed in this release may constitute forward-looking statements. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although IMPERIAL PETROLEUM INC. believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, IMPERIAL PETROLEUM INC. cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, geopolitical conditions, including any trade disruptions resulting from tariffs and other protectionist measures imposed by the United States or  other countries, general market conditions, including changes in charter hire rates and vessel values, charter counterparty performance, changes in demand that may affect attitudes of time charterers to scheduled and unscheduled drydockings, changes in IMPERIAL PETROLEUM INC’s operating expenses, including bunker prices, drydocking and insurance costs, ability to obtain financing and comply with covenants in our financing arrangements, actions taken by regulatory authorities, potential liability from pending or future litigation, domestic and international political conditions, the conflict in Ukraine and related sanctions, the conflicts in the Middle East, potential disruption of shipping routes due to ongoing attacks by Houthis in the Red Sea and Gulf of Aden or accidents and political events or acts by terrorists.

    Risks and uncertainties are further described in reports filed by IMPERIAL PETROLEUM INC. with the U.S. Securities and Exchange Commission.

    Fleet List and Fleet Deployment        
    For information on our fleet and further information:
    Visit our website at www.ImperialPetro.com

    Company Contact:
    Fenia Sakellaris
    IMPERIAL PETROLEUM INC.
    E-mail: info@ImperialPetro.com

    Fleet Data:
    The following key indicators highlight the Company’s operating performance during the three month periods ended March 31, 2024 and 2025.

    FLEET DATA Q1 2024 Q1 2025
    Average number of vessels (1) 9.84 11.90
    Period end number of owned vessels in fleet 11 12
    Total calendar days for fleet (2) 895 1,071
    Total voyage days for fleet (3) 878 1,067
    Fleet utilization (4) 98.1% 99.6%
    Total charter days for fleet (5) 207 504
    Total spot market days for fleet (6) 671 563
    Fleet operational utilization (7) 80.6% 83.8%
         

    1) Average number of vessels is the number of owned vessels that constituted our fleet for the relevant period, as measured by the sum of the number of days each vessel was a part of our fleet during the period divided by the number of calendar days in that period.
    2) Total calendar days for fleet are the total days the vessels we operated were in our possession for the relevant period including off-hire days associated with major repairs, drydockings or special or intermediate surveys.
    3) Total voyage days for fleet reflect the total days the vessels we operated were in our possession for the relevant period net of off-hire days associated with major repairs, drydockings or special or intermediate surveys.
    4) Fleet utilization is the percentage of time that our vessels were available for revenue generating voyage days, and is determined by dividing voyage days by fleet calendar days for the relevant period.
    5) Total charter days for fleet are the number of voyage days the vessels operated on time or bareboat charters for the relevant period.
    6) Total spot market charter days for fleet are the number of voyage days the vessels operated on spot market charters for the relevant period.
    7) Fleet operational utilization is the percentage of time that our vessels generated revenue, and is determined by dividing voyage days excluding idle days by fleet calendar days for the relevant period.

    Reconciliation of Adjusted Net Income, EBITDA, adjusted EBITDA and adjusted EPS:

    Adjusted net income represents net income before share based compensation. EBITDA represents net income before interest and finance costs, interest income and depreciation. Adjusted EBITDA represents net income before interest and finance costs, interest income, depreciation and share based compensation.
    Adjusted EPS represents Adjusted net income attributable to common shareholders divided by the weighted average number of shares. EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS are not recognized measurements under U.S. GAAP. Our calculation of EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS may not be comparable to that reported by other companies in the shipping or other industries. In evaluating Adjusted EBITDA, Adjusted net income and Adjusted EPS, you should be aware that in the future we may incur expenses that are the same as or similar to some of the adjustments in this presentation.

    EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS are included herein because they are a basis, upon which we and our investors assess our financial performance. They allow us to present our performance from period to period on a comparable basis and provide investors with a means of better evaluating and understanding our operating performance.

    (Expressed in United States Dollars,
    except number of shares)    		 Third Quarter Ended March 31st,
      2024   2025
    Net Income – Adjusted Net Income      
    Net income 16,654,604   11,290,986
    Plus share based compensation 858,810   889,076
    Adjusted Net Income 17,513,414   12,180,062
           
    Net income – EBITDA      
    Net income 16,654,604   11,290,986
    Plus interest and finance costs 2,430   606,383
    Less interest income (1,785,878)   (2,184,394)
    Plus depreciation 4,027,061   5,002,837
    EBITDA 18,898,217   14,715,812
           
    Net income – Adjusted EBITDA      
    Net income 16,654,604   11,290,986
    Plus share based compensation 858,810   889,076
    Plus interest and finance costs 2,430   606,383
    Less interest income (1,785,878)   (2,184,394)
    Plus depreciation 4,027,061   5,002,837
    Adjusted EBITDA 19,757,027   15,604,888
           
    EPS      
    Numerator      
    Net income 16,654,604   11,290,986
    Less: Cumulative dividends on preferred shares (435,246)   (435,246)
    Less: Undistributed earnings allocated to non-vested shares (856,950)   (453,265)
    Net income attributable to common shareholders, basic 15,362,408   10,402,475
    Denominator      
    Weighted average number of shares 27,613,661   32,944,925
    EPS – Basic 0.56   0.32
           
    Adjusted EPS      
    Numerator      
    Adjusted net income 17,513,414   12,180,062
    Less: Cumulative dividends on preferred shares (435,246)   (435,246)
    Less: Undistributed earnings allocated to non-vested shares (902,326)   (490,387)
    Adjusted net income attributable to common shareholders, basic 16,175,842   11,254,429
           
    Denominator      
    Weighted average number of shares 27,613,661   32,944,925
    Adjusted EPS, Basic 0.59   0.34
           

    Imperial Petroleum Inc.
    Unaudited Consolidated Statements of Income
    (Expressed in United States Dollars, except for number of shares)

        Quarters Ended March 31,
        2024   2025
             
    Revenues      
      Revenues 41,203,281   32,091,626
             
    Expenses      
      Voyage expenses 12,963,607   10,054,114
      Voyage expenses – related party 514,414   401,753
      Vessels’ operating expenses 5,951,561   7,021,928
      Vessels’ operating expenses – related party 82,000   98,500
      Drydocking costs 625,457   —
      Management fees – related party 393,800   471,240
      General and administrative expenses 1,207,168   1,217,977
      Depreciation 4,027,061   5,002,837
    Total expenses 25,765,068   24,268,349
             
    Income from operations 15,438,213   7,823,277
             
    Other (expenses)/income      
      Interest and finance costs (2,430)   (3,607)
      Interest expense – related party —   (602,776)
      Interest income 1,035,261   2,184,394
      Interest income – related party 750,617   —
      Dividend income from related party 189,583   187,500
      Foreign exchange (loss)/gain (756,640)   1,702,198
    Other income, net 1,216,391   3,467,709
             
    Net Income 16,654,604   11,290,986
             
    Earnings per share      
    – Basic 0.56   0.32
    – Diluted 0.50   0.30
             
    Weighted average number of shares      
    -Basic 27,613,661   32,944,925
    -Diluted 30,951,012   34,258,803
             

    Imperial Petroleum Inc.
    Unaudited Consolidated Balance Sheets
    (Expressed in United States Dollars)

        December 31,   March 31,
        2024   2025
             
    Assets      
    Current assets      
      Cash and cash equivalents 67,783,531   126,520,450
      Time deposits 138,948,481   100,900,500
      Trade and other receivables 13,456,083   8,772,549
      Other current assets 652,769   67,374
      Inventories 7,306,356   6,705,115
      Advances and prepayments 250,562   209,858
    Total current assets 228,397,782   243,175,846
             
    Non current assets      
      Operating lease right-of-use asset 78,761   60,239
      Vessels, net 208,230,018   227,015,031
      Investment in related party 12,798,500   12,794,333
    Total non current assets 221,107,279   239,869,603
    Total assets 449,505,061   483,045,449
             
    Liabilities and Stockholders’ Equity      
    Current liabilities      
      Trade accounts payable 5,243,872   5,923,098
      Payable to related parties 18,725,514   39,232,604
      Accrued liabilities 3,370,020   3,604,467
      Operating lease liability, current portion 1,419,226   60,239
      Deferred income 78,761   1,812,557
    Total current liabilities 28,837,393   50,632,965
             
    Total liabilities 28,837,393   50,632,965
             
    Commitments and contingencies      
             
    Stockholders’ equity      
      Common stock 382,755   386,671
      Preferred Stock, Series A 7,959   7,959
      Preferred Stock, Series B 160   160
      Treasury stock (8,390,225)   (8,390,225)
      Additional paid-in capital 282,642,357   283,527,517
      Retained earnings 146,024,662   156,880,402
    Total stockholders’ equity 420,667,668   432,412,484
    Total liabilities and stockholders’ equity 449,505,061   483,045,449
           

    Imperial Petroleum Inc.
    Unaudited Consolidated Statements of Cash Flows
    (Expressed in United States Dollars

        Three Month Periods Ended March 31,
        2024   2025
         
    Cash flows from operating activities      
      Net income for the period 16,654,604   11,290,986
             
    Adjustments to reconcile net income to net cash      
      provided by operating activities:      
      Depreciation 4,027,061   5,002,837
      Non – cash lease expense 17,550   18,522
      Share based compensation 858,810   889,076
      Unrealized foreign exchange loss/(gain) on time deposits 799,150   (358,420)
      Dividend income from related party (189,583)   —
             
    Changes in operating assets and liabilities:      
      (Increase)/decrease in      
      Trade and other receivables (3,249,129)   4,683,534
      Other current assets (532,029)   585,395
      Inventories (574,256)   601,241
      Changes in operating lease liabilities (17,550)   (18,522)
      Advances and prepayments (45,536)   40,704
      Due from related parties (879,732)   4,167
      Increase/(decrease) in      
      Trade accounts payable (1,100,028)   679,226
      Due to related parties 2,839,227   (3,369,040)
      Accrued liabilities 903,784   234,447
      Deferred income (869,166)   393,331
    Net cash provided by operating activities 18,643,177   20,677,484
             
    Cash flows from investing activities      
      Dividends income received 191,667   —
      Acquisition and improvement of vessels (72,257,190)   (4,350)
      Increase in bank time deposits (31,695,420)   (57,958,390)
      Maturity of bank time deposits 31,368,080   96,364,791
    Net cash (used in)/provided by investing activities (72,392,863)   38,402,051
             
    Cash flows from financing activities      
      Stock issuance costs (2,504,498)   —
      Dividends paid on preferred shares (341,947)   (342,616)
    Net cash used in financing activities (2,846,445)   (342,616)
             
    Net (decrease)/increase in cash and cash equivalents (56,596,131)   58,736,919
    Cash and cash equivalents at beginning of period 91,927,512   67,783,531
    Cash and cash equivalents at end of period 35,331,381   126,520,450
    Cash breakdown       
      Cash and cash equivalents 35,331,381   126,520,450
    Total cash and cash equivalents shown in the statements of cash flows 35,331,381   126,520,450

    The MIL Network –

  • MIL-OSI Economics: Mammography equipment market in South Korea to grow at 4% CAGR through 2036, forecasts GlobalData

    Source: GlobalData

    Mammography equipment market in South Korea to grow at 4% CAGR through 2036, forecasts GlobalData

    Posted in Medical Devices

    The market for mammography equipment in South Korea is undergoing significant growth. This upsurge is attributable to the broadening scope of breast cancer screening initiatives, increased public awareness, and the incorporation of sophisticated imaging technologies. Owing to these factors, the mammography equipment market in South Korea is set to grow at a compound annual growth rate (CAGR) of approximately 4% through 2036, forecasts GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “Mammography Equipment Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2036,” reveals that South Korea represented nearly 20% of the mammography equipment market in the Asia-Pacific region in 2024. This significant share highlights the country’s strong healthcare infrastructure, early embrace of new technologies, and a clear national focus on preventive healthcare and innovation.

    In March 2025, a comprehensive Korean study revealed that the utilization of Lunit INSIGHT MMG, an AI-powered mammography software developed by the South Korean medical AI firm Lunit Inc., enhanced breast cancer detection rates by 13.8% without elevating recall rates. The findings affirm South Korea’s advancing role in shaping high-impact, AI-driven medical imaging practices that prioritize accuracy without added patient burden.

    Shagufta Hasan, Medical Devices Analyst at GlobalData, comments: “Despite the growth of mammography market in South Korea, breast cancer detection still faces challenges related to inconsistent access, diagnostic delays, and disparities in the adoption of technology, factors that may hinder early intervention and patient outcomes. However, solutions such as the Lunit INSIGHT MMG and DBT represent a transformative shift in breast imaging. These advanced diagnostic solutions are paving the way for more detailed, efficient, and accessible screening pathways, aligning with the country’s broader commitment to preventive healthcare and innovation.”

    AI solutions such as Lunit INSIGHT MMG and DBT streamline case prioritization, support early diagnosis, and enhance precision across diverse clinical environments. By reducing diagnostic delays and standardizing interpretation regardless of reader experience, these solutions help bridge gaps in access and technological disparities, ultimately supporting more equitable breast cancer screening outcomes.

    Hasan concludes: “South Korea appears to be strategically poised to influence the future of breast imaging through continued investment, fostering strategic partnerships, and expanding its global outreach. By reinforcing its position in the advancement of diagnostic technologies, it is likely to enhance access to high-quality care to patients with breast cancer, and bolster its global impact.”

    MIL OSI Economics –

  • MIL-OSI Economics: APAC automotive infrared reflective glazing market to record 1.0% CAGR over 2024-29, forecasts GlobalData

    Source: GlobalData

    APAC automotive infrared reflective glazing market to record 1.0% CAGR over 2024-29, forecasts GlobalData

    Posted in Automotive

    The automotive sector in the Asia-Pacific (APAC) region is witnessing a transformative shift driven by advancements in glazing technology, particularly infrared-reflecting (IRR) glazing. This innovative technology is revolutionizing passenger comfort and energy efficiency in vehicles. As automakers embrace larger glazing areas and panoramic roofs, the APAC IRR glazing market is expected to record a compound annual growth rate (CAGR) of 1.0% over 2024-29, according to GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “Global Sector Overview & Forecast: Automotive Glazing Q1 2025,” reveals that the APAC automotive Infrared reflective glazing market is poised to grow from an estimated 65.1 million units in 2024 to 68.6 million units in 2029.

    Madhuchhanda Palit, Automotive Analyst at GlobalData, comments: “The introduction of IRR glazing has revolutionized the way vehicles manage heat load, particularly in regions with high solar exposure. In the APAC market, where temperatures can soar, the ability of IRR glazing to reject up to 60% of solar energy translates into a marked reduction in cabin temperatures.  As automakers in the APAC region increasingly prioritize sustainability and efficiency, the integration of IRR glazing is poised to become a standard feature in new vehicle models.”

    The evolution of IRR glazing technology has been propelled by advancements in coating processes, particularly the magnetron sputtering technique, which allows for the production of multilayer coatings on a large scale. This innovation has enabled manufacturers to create high-performance glazing solutions that meet the stringent visible light transmittance requirements essential for automotive applications. Companies like Guardian and Saint-Gobain are at the forefront of this trend, offering products such as Guardian SilverGuard IRR and Sun Ban, which not only enhance thermal performance but also provide superior UV protection.

    Moreover, as automakers like BMW, Citroen, and Ford lead the charge in offering advanced glazing solutions, the opportunity for IRR glazing to enhance vehicle differentiation and aesthetics becomes increasingly pronounced. The integration of IRR technology into vehicle design not only meets consumer demands but also allows manufacturers to stand out in a crowded marketplace.

    Palit adds: “Looking ahead, the future of the IRR glazing market in the APAC region appears promising. As vehicle designs continue to evolve, there is an increasing trend towards larger sunroofs and glass surfaces, necessitating innovative glazing solutions that address heat absorption and privacy concerns. The advancements in coating technologies, such as the magnetron sputtering process, are expected to enhance the production capabilities of IRR glazing, further driving market growth.”

    In addition, with the rising number of electric vehicles (EVs) in the APAC region, the demand for energy-efficient solutions like IRR glazing is anticipated to surge. EV manufacturers are particularly interested in technologies that extend battery range and reduce energy consumption, making IRR glazing a viable choice.

    Palit concludes: “In summary, the IRR glazing market is set to experience significant growth in the APAC region, driven by consumer demand for comfort, energy efficiency, and aesthetic appeal. The advancements in glazing technology and the competitive landscape will further fuel this expansion, positioning IRR glazing as a critical component in the evolving automotive sector.

    “While the future holds considerable potential, it is essential for stakeholders to remain agile and responsive to market dynamics, ensuring that innovations continue to meet the diverse needs of consumers across the region.”

    MIL OSI Economics –

  • MIL-OSI Security: Man Sentenced for Crimes Committed on the Santee Sioux Nation Indian Reservation

    Source: US FBI

    United States Attorney Lesley A. Woods announced that Mongecka (aka “Monga”) Eastman, 24, originally of South Dakota, was sentenced on May 15, 2025, in federal court in Omaha, Nebraska, for assault resulting in serious bodily injury and sexual abuse without consent. United States District Court Judge Brian C. Buescher sentenced Eastman to 120 months’ imprisonment on the assault case, to run concurrent with the 120-month sentence imposed by Judge Buescher in the sexual abuse case. There is no parole in the federal system. After Eastman’s release from prison, he will begin a 3-year term of supervised release on the assault case to run concurrent with a 10-year term of supervised release on the sexual abuse case.

    In February 2021, Eastman subjected a minor female to a sexual act without her consent. Eastman entered the minor female’s bedroom in Santee, Nebraska, while she was changing her clothes. Eastman then forced himself on the minor victim, twisting her arm to the point of pain and pinning her to a bed before sexually assaulting her. The minor victim later disclosed the sexual assault to a trusted adult, who notified law enforcement.

    In September 2023, Eastman seriously assaulted an adult male victim in multiple rural locations on the Santee Sioux Nation Indian Reservation, using a minor to assist him in committing the offense. Eastman and the minor hit and kicked the victim, and Eastman repeatedly slammed the victim onto the hood of a vehicle, leaving dents in the metal. The victim sustained serious bodily injuries from the assault which required emergency medical care and hospitalization, including injuries to his liver and nose, a concussion, and a subdural hemorrhage.

    These cases were prosecuted in federal court because the offenses are felonies which occurred on the Santee Sioux Nation Indian Reservation in Nebraska.

    This case was investigated by the Federal Bureau of Investigation.

    MIL Security OSI –

  • US and Iran to resume nuclear talks amid clashing red lines

    Source: Government of India

    Source: Government of India (4)

    Iranian and U.S. negotiators will resume talks on Friday in Rome to resolve a decades-long dispute over Iran’s nuclear ambitions, despite Tehran’s supreme leader warning that clinching a new deal might be insurmountable amid clashing red lines.

    The stakes are high for both sides. President Donald Trump wants to curtail Tehran’s potential to produce a nuclear weapon that could trigger a regional nuclear arms race. The Islamic Republic, for its part, wants to be rid of devastating sanctions on its oil-based economy.

    Iranian Foreign Minister Abbas Araqchi and Trump’s Middle East envoySteve Witkoff will hold a fifth round of talks, through Omani mediators, despite both Washington and Tehran taking a tough stance in public over Iran’s uranium enrichment.

    Although Iran insists the talks are indirect, U.S. officials have said the discussions – including the latest roundon May 11 in Oman- have been both “direct and indirect”.

    Araqchi, who arrived in Rome with his two deputies, wrote

    on X: “…Zero nuclear weapons = we Do have a deal. Zero enrichment = we do NOT have a deal. Time to decide”.

    White House press secretary Karoline Leavitt told reporters on Thursday that Trump believes negotiations with Iran are “moving in the right direction”.

    Tehran and Washington have both said they prefer diplomacy to settle the impasse, but remain deeply split on several red lines that negotiators will have to circumvent to reach a new nuclear deal and avert future military action.

    U.S. Secretary of State Marco Rubio said on Tuesday that Washington is working to reach an accord that would allow Iran to have a civil nuclear energy programme but not enrich uranium, while admitting that achieving such a deal “will not be easy”.

    Supreme Leader Ayatollah Ali Khamenei, who has the last say on Iran’s state matters, rejected Washington’s demands that Tehran stop refining uranium as “excessive and outrageous”, warning that the talks are unlikely to yield results.

    Among remaining stumbling blocks is Tehran’s refusal to ship abroad all of its highly enriched uranium stockpile – possible raw material for nuclear bombs – or engage in discussions over its ballistic missile programme.

    Iran says it is ready to accept some limits on enrichment, which it maintains is for civilian nuclear energy uses only – but needs watertight guaranteesthat Washington would not renege on a future nuclear accord.

    Trump, who has restored a “maximum pressure” campaign on Tehran since February, ditched the 2015 nuclear pact in 2018 during his first term and reimposed sweeping U.S. sanctions that continue to hobble the Iranian economy.

    Iran responded by escalating enrichment far beyond the 2015 pact’s limits.

    Wendy Sherman, a former U.S. Undersecretary for Political Affairs who led the U.S. negotiating team that reached the 2015 agreement, said it was impossible to convince Iran to scrap enrichment – which Tehran touts as a matter of sovereignty.

    “I don’t think it is possible to get a deal with Iran where they literally dismantle their programme, give up their enrichment, even though that would be ideal,” she told Reuters.

    The cost of failure of the talks could be high. While Tehran says its nuclear activity is for peaceful ends, Iran’s arch-foe Israel discounts this,saying it would never allow Iran’s clerical establishment to obtain nuclear weapons.

    Israel’s strategic affairs minister and the head of its foreign intelligence service Mossad will also be in Rome for talks with the U.S. team that is negotiating with Iran, a source aware of the matter told Reuters.

    Araqchi said on Thursday Washington would bear legal responsibility if Israel attacked Iranian nuclear installations, following a CNN report that Israel might be preparing strikes.

    While rising U.S.-Iran tensions over enrichment have put the nuclear talks in doubt, three Iranian sources said on Tuesday that the clerical leadership lacks a clear fallback plan if efforts to overcome the standoff collapse.

    (Reuters)

  • MIL-OSI: No KYC. 100x Leverage. Double Deposit Bonus. Crypto Futures Trading for Everyone on BexBack.

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 23, 2025 (GLOBE NEWSWIRE) — With Bitcoin surging past $110,000 for the first time in history, the cryptocurrency market is officially back in a bull run. But while the headlines celebrate new all-time highs, seasoned traders know that the real opportunity lies not in holding — but in leveraged futures trading.

    In high-volatility conditions like these, spot traders often struggle to generate short-term profits. That’s why more and more investors are turning to 100x leverage crypto futures to amplify gains and capitalize on market swings.

    BexBack Exchange is at the forefront of this shift, offering powerful tools and unmatched promotions to help users seize the moment. The platform now features:

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    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.
    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.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6fdaff9f-4cae-46a2-a812-4114a2de423a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c87e3bc2-0234-4dae-9cab-ef7cb9e4ed5c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/20663241-4d43-4208-9102-0818dbb3daaa

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d36a9ea9-3ab7-4114-9d6d-6471435f56c4

    The MIL Network –

  • MIL-OSI Security: Former Henry County Jail Corrections Officer Sentenced for Excessive Force on an Inmate

    Source: US FBI

    INDIANAPOLIS— Curtis Doughty, 28, of Muncie, has been sentenced to two years probation after pleading guilty to deprivation of rights under color of law.  

    According to court documents, Doughty was employed as a corrections officer in the Henry County Jail, as well as a member of the Sheriff’s Emergency Response Team (SERT). On February 13, 2024, Doughty participated in a scheduled search of an inmate housing pod in the jail. During the search, inmates were moved into a holding area in the recreation yard and ordered to sit on the floor facing the wall while officers searched the cells for contraband.

    Doughty was one of two officers responsible for directing inmates to face the wall and remain seated. When inmate M.F. turned his head away from the wall, Doughty, without warning, shot his pepper ball gun at point blank range into the inmate’s spine. The pepper ball shot caused bodily injury to the inmate. Doughty then yelled to the other inmates in the holding area, “congratulations, you all inhale that now,” in reference to the pepper ball gas.

    Shortly after the incident, other members of the SERT team reported it to a commander. The commander pulled Doughty from duty and sent him home, recognizing the egregious use of force. Prior to the incident, Doughty had received training on defensive tactics, physical tactics, Sheriff’s Emergency Response Team (SERT) training, jail physical and defensive tactics, and new jail officer training. Doughty had been trained on the “response to resistance ladder,” which states that inmates need to be “actively resistant” to justify use of the pepper ball gun. However, M.F. was not resisting and no force was necessary under this scenario.

    “Corrections officers are empowered by the government to care for inmates. When a corrections officer takes the law into their own hands and uses excessive force to punish inmates, they endanger not only that inmate, but they create a greater incentive to resist rather than cooperate, and thereby endanger their colleagues as well,” said John E. Childress, Acting United States Attorney for the Southern District of Indiana. “Today’s sentencing underscores our unwavering commitment to upholding the rule of law and ensuring accountability for all individuals, regardless of their occupation or authority.”

    “Everyone, regardless of their status or circumstance, is entitled to dignity and no one should fear for their safety at the hands of those tasked with their care,” said FBI Indianapolis Acting Special Agent in Charge Dominique Evans. “When correctional officers act with such disregard for those in their care, it is a betrayal of the oath they took to protect, not harm. The FBI will continue to work to ensure civil rights are protected inside every facility.”

    The FBI investigated this case, with valuable assistance provided by the Henry County Sheriff’s Office. The sentence was imposed by U.S. District Judge Matthew P. Brookman.

    Acting U.S. Attorney Childress thanked Assistant U.S. Attorneys Peter A. Blackett and Carolyn A. Haney, who prosecuted this case.

    ###

    MIL Security OSI –

  • MIL-OSI United Kingdom: Stoke-on-Trent prepares to mark Armed Forces Celebration Day

    Source: City of Stoke-on-Trent

    Published: Friday, 23rd May 2025

    Stoke-on-Trent is set to honour its military personnel at the annual Armed Forces Celebration Day on Sunday, 29 June 2025.

    The free event takes place at Queen’s Park, Longton (ST3 4AU) from 12pm to 4.30pm and promises a full day of remembrance, celebration and family fun.

    This year’s celebration features a full military parade and a traditional Drumhead Service, paying tribute to both serving and former members of the Armed Forces. Local cadet forces and veteran associations will join the parade.

    A major highlight of the day will be a Dakota flypast from the RAF, between 1.20 and 1.40pm – before the parade begins at 2pm.

    The Douglas C47 Dakota is one of the most iconic military transport aircraft in history, known for its role in Burma, the D-Day landings and the airborne assault on Arnhem in 1944.

    The RAF Battle of Britain Memorial Flight’s Dakota ZA947, affectionately named ‘Kwicherbichen’ by her crews, carried out paradropping operations on the eve of D-Day, making this flypast a fitting tribute during Stoke-on-Trent’s Centenary year.

    Lord Mayor of Stoke-on-Trent and Armed Forces Champion, Councillor Steve Watkins, said: “This event is a great day out for families and also a reminder of the bravery, service and sacrifices made by our Armed Forces. It’s also a celebration of community spirit, and I’m honoured to take part alongside so many local residents.

    “In our Centenary year, it’s especially fitting that we honour local hero Jack Baskeyfield of Arnhem with a flypast from the very aircraft that played a crucial role in Operation Market Garden.”

    Alongside the flypast and parade, visitors can enjoy military vehicle displays, emergency services exhibits and live musical entertainment. Family-friendly attractions include funfair rides and a variety of charity and community stalls.

    Organised by the North Staffs Armed Forces Celebration Committee in partnership with Queen’s Park Partnership.

    Councillor Lilian Dodd, chair of the North Staffs Armed Forces Celebration Committee, said: “We’re incredibly proud to bring the Armed Forces Celebration Day back to Queen’s Park for another year. The inclusion of the Dakota Flypast in this Centenary Year makes it especially meaningful. It’s a chance for our community to come together, show our appreciation and create lasting memories for all generations.”

    For more information go to: https://www.armedforcesday.org.uk/event/armed-forces-celebration-day-north-staffs/

    Stoke-on-Trent City Council holds a Gold Award from the Armed Forces Covenant Employer Recognition Scheme. The scheme encourages people to support the Armed Forces community in their area and increase understanding and awareness of the issues affecting the Armed Forces.

    To find out more about support available for the Armed Forces and veterans email covenant@stoke.gov.uk or call 01782 235683.

    MIL OSI United Kingdom –

  • MIL-OSI Canada: Premier’s statement on the anniversary of the Komagata Maru incident

    Premier David Eby has issued the following statement on the 111th anniversary of the Komagata Maru incident:

    “On May 23, 1914, a chartered steamer named the Komagata Maru arrived in Vancouver harbour after a long transoceanic voyage from Asia. The 376 Sikh, Muslim and Hindu passengers on board came to Canada in search of opportunity and a better life, like so many others. Instead, they were met with rejection and discrimination.

    “Only a handful of the passengers on board were allowed to disembark. The remainder were confined to the ship, where they endured harsh and deteriorating conditions. Necessities like food and water were restricted, while legal access and communication with supporters on shore was refused by authorities. After two months, the Komagata Maru was escorted by a warship from Vancouver harbour and forced to return to Asia.

    “While the issue has faded from public view, the injustice faced by the passengers and their treatment by Canadian officials remains a dark chapter, especially for South Asian communities in British Columbia.

    “In 2008, the Government of B.C. apologized for the treatment of the passengers. Eight years later, the prime minister delivered an apology in the House of Commons. In 2022, the Government of B.C. funded the South Asian Canadian Legacy Project to raise awareness about the many contributions South Asian Canadians have made to our province’s culture, heritage and economy.

    “We continue to learn from the mistakes of the past. It is our duty to make sure through education and advocacy that we never repeat them.”

    MIL OSI Canada News –

  • MIL-OSI Russia: New partners and joint projects: Polytechnic at the international forum in Xi’an

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The Silk Road Alliance of Architecture and Technology Universities (SRIAATU) International Forum was held in Xi’an, China. The alliance was established in October 2023 under the chairmanship of Xi’an University of Architecture and Technology to develop global architecture, technological innovation, and sustainable infrastructure for life. It includes 55 leading universities from 26 countries specializing in architecture and construction. It is the most important platform for combining the efforts of talented engineers and architects in the implementation of joint scientific and educational projects and cultural exchange.

    The forum became an important step in promoting the concept of “green” architecture, based on the integration of education, science and industry in the field of architectural design and construction technologies. The event included a meeting of the Alliance Council, a presidential forum and a series of conferences dedicated to modern challenges and development prospects in the field of architecture and construction.

    Peter the Great St. Petersburg Polytechnic University has been a member of the alliance since its foundation and regularly participates in its events. The delegation of SPbPU included the Director of the Civil Engineering Institute Marina Petrochenko and the Director of the Center for Additional Professional Programs of the ISI Ksenia Strelets.

    The delegation of SPbPU visited the College of Architecture of Xi’an University of Architecture and Technology (XAUAT), where as a result of constructive negotiations, agreements were reached on holding a joint educational workshop with the participation of teachers from both universities. From XAUAT, the negotiations were attended by Dean of the College of Architecture Lei Zhendong, Vice Dean Dan Yutian, Coordinator of Cooperation with Russian Universities Wu Guanyu and teacher Tong Qingnan.

    In addition, representatives of SPbPU took part in an international conference on architecture, which was attended by more than one hundred architects from leading universities around the world.

    Participation in the forum allowed the Institute of Civil Engineering to expand its geography of partnerships: preliminary agreements were reached on developing cooperation with such universities as King Chulalongkorn Bangkok University (Thailand), Petronas University of Technology (Malaysia), Gadjah Mada University (Indonesia), Osh Technological University (Kyrgyzstan), Tashkent State Transport University (Uzbekistan) and the University of Moratuwa (Sri Lanka).

    Participation in the Alliance of Architectural and Technological Universities of the Silk Road is extremely important for us, as it is one of the largest alliances in the field of architecture and construction. The Civil Engineering Institute actively trains world-class engineers capable of solving complex professional problems in the field of construction and infrastructure development. Participation in the forum allowed us to establish new partnerships with leading universities, which creates a basis for the development of student and teacher exchanges, as well as the implementation of joint educational and scientific projects, – noted the Director of the Civil Engineering Institute Marina Petrochenko.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Visit of the First Secretary of the Embassy of Vietnam Mai Nguyen Tuyen Hoa to SPbPU

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The First Secretary of the Embassy of Vietnam for Education Affairs Mai Nguyen Tuyen Hoa visited Peter the Great St. Petersburg Polytechnic University. As part of the visit, aimed at strengthening educational and scientific ties, she learned about the 126-year history and modern achievements of the Polytechnic University, and discussed current projects and prospects for cooperation.

    A special place in the activities of our university is occupied by cooperation with Vietnam, which has lasted for more than half a century. The key partners were the Hanoi University of Science and Technology, Binh Duong University and Le Qu Don Technical University. Joint projects included the creation of laboratories, training of teachers in digital technologies and scientific research in the field of logistics and ecology. Among the key achievements are the creation of joint laboratories, Russian language centers and participation in the project of the Vietnam-Russian Technological University in Hanoi. Today, 73 people study at the Polytechnic University, most of whom have chosen engineering and IT areas. This year, for the first time in the history of the university, a gold medal was received by a foreign student – a graduate of the Institute of Electronics and Telecommunications of SPbPU from Vietnam Do The Manh.

    During the negotiations, the Vice-Rector for International Affairs of SPbPU Dmitry Arsenyev emphasized: Over half a century of cooperation, we have trained more than 600 specialists for Vietnam. Today, 73 Vietnamese students study at the university in the areas of telecommunications, mechanical engineering, computer science, biomedicine and economics.

    Mai Nguyen Tuyen Hoa emphasized the importance of research activities as a key element of cooperation between the universities of the two countries. She noted that Russian universities retain the status of classical academic centers, actively developing scientific areas: professors and researchers participate in international projects, create joint laboratories, publish works with foreign colleagues. Particular attention is paid to “mirror laboratories” and engineering centers, where the efforts of scientists from different countries are combined. However, according to Mai Nguyen Tuyen Hoa, the interest of Vietnamese youth in education in Russia is declining.

    Despite this, Mai Nguyen Tuyen Hoa noted: The successes of Vietnamese graduates of the Polytechnic University inspire new applicants to choose Russia. During a meeting with students from Vietnam, she expressed admiration for the educational conditions and scientific base of the university: It is better to see once than to hear a hundred times. I am sure that this visit will become an impetus for new joint initiatives.

    Students who choose Russia demonstrate high adaptability — they quickly master the language and integrate into the academic environment. In order to strengthen the position of Russian education, Mai Nguyen Tuyen Hoa proposed expanding information support: disseminating information about exchange programs, summer schools, English-language courses and joint scientific initiatives. She sees particular potential in the creation of a Russian-Vietnamese university, similar to the existing “Slavic universities” project. Such a university could focus on engineering, natural sciences and IT areas, where the demand for cooperation is especially high.

    Dmitry Arsenyev expressed hope that the visit of the Vietnamese delegation would open a new chapter of cooperation. He noted that the Polytechnic is ready to accept more students, support internships for teachers and create interdisciplinary projects.

    “Our doors are always open,” the vice-rector emphasized. “It is important that the initiative comes from both sides: from the search for common scientific interests to attracting industrial partners.”

    The Polytechnic University sees potential in reviving target groups of students from Vietnam, who have shown outstanding results in their studies in the past. Today, when SPbPU is among the top 10 technological universities in the country, this cooperation can become a bridge between academic traditions and the challenges of the digital age.

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

    MIL OSI Russia News –

  • MIL-OSI: Announcement of the final result of Nykredit’s recommended voluntary public tender offer for Spar Nord Bank A/S – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    THIS ANNOUNCEMENT IS PUBLISHED PURSUANT TO SECTION 21(3) OF EXECUTIVE ORDER NO. 636 OF 15 MAY 2020

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

    Announcement of the final result of Nykredit’s recommended voluntary public tender offer for Spar Nord Bank A/S

    23 May 2025

    Nykredit announces the final result of the recommended voluntary public tender offer for Spar Nord Bank A/S

    In accordance with section 4(1) of the Danish Takeover Order1, Nykredit Realkredit A/S (“Nykredit”) announced on 10 December 2024 that Nykredit intended to submit a voluntary public takeover offer (the “Offer”) to acquire all shares in Spar Nord Bank A/S (“Spar Nord Bank”), with the exception of Spar Nord Bank’s treasury shares, for a cash price of DKK 210 per share, valuing the aggregated issued share capital of Spar Nord Bank at DKK 24.7 billion. As stated in a supplement dated 2 April 2025, the offer price has subsequently been increased to DKK 210.50 per share.

    On 8 January 2025, Nykredit published the offer document regarding the Offer (the “Offer Document”), as approved by the Danish FSA in accordance with section 11 of the Danish Takeover Order. The Offer Document was most recently supplemented in a supplement of 23 April 2025.

    The offer period expired on 20 May 2025 at 23:59 (CEST), and on 21 May 2025 Nykredit announced the preliminary result of the Offer in accordance with section 21(3) of the Danish Takeover Order. The preliminary result of the Offer showed that Nykredit had obtained acceptances which, combined Spar Nord Bank shares held by Nykredit, represent 96.54 per cent of the total share capital and voting rights in Spar Nord Bank, excluding Spar Nord Bank’s holding of treasury shares.

    Final result

    In accordance with section 21(3) of the Danish Takeover Order, Nykredit hereby announces the final result of the Offer.

    The final summation of acceptances shows that Nykredit has obtained acceptances for 72,169,763 shares, equal to 62.87 per cent of the share capital and the associated voting rights in Spar Nord Bank, excluding Spar Nord Bank’s holding of 2,918,044 treasury shares. The acceptances correspond to 61.32 per cent of the total share capital and voting rights in Spar Nord Bank.

    The acceptances received combined with the total of 38,646,475 Spar Nord Bank shares owned by Nykredit represent 96.54 per cent of the total share capital and voting rights in Spar Nord Bank, excluding Spar Nord Bank’s holding of treasury shares. The acceptances received and Nykredit’s holding of Spar Nord Bank shares correspond in total to 94.15 per cent of the total share capital and the total number of voting rights in Spar Nord Bank.

    The relevant regulatory approvals have been obtained, and the final summation of acceptances confirms that the minimum condition for acceptance is also fulfilled. Nykredit therefore considers that all conditions for completion of the Offer have been fulfilled, and Nykredit intends to complete the Offer on the terms and conditions set out in the Offer Document.

    Settlement

    The Offer is expected to be completed on 28 May 2025, on which date the cash consideration will be paid to the designated account of each Spar Nord Bank shareholder who has validly accepted the Offer and who has not validly withdrawn the acceptance of the Offer.

    Compulsory acquisition, delisting and changes to the management and articles of association

    As Nykredit stands to obtain an ownership interest corresponding to more than 90 per cent of the share capital and the associated voting rights in Spar Nord Bank (excluding treasury shares) upon completion of the Offer, it is Nykredit’s intention, as described in section 7.8 of the Offer Document, to initiate and complete a compulsory acquisition of the shares held by the remaining Spar Nord Bank shareholders in pursuance of sections 70-72 of the Danish Companies Act.

    Nykredit furthermore intends to seek to have the Spar Nord Bank shares removed from trading and official listing on Nasdaq Copenhagen A/S as described in section 7.9 of the Offer Document.

    In this connection, Nykredit will request Spar Nord Bank to convene an extraordinary general meeting at which Nykredit, as described in sections 7.4 and 7.5 of the Offer Document, will propose changes to the board of directors of Spar Nord Bank and changes to Spar Nord Bank’s articles of association.

    Detailed information on compulsory acquisition and delisting will be published in separate announcements.

    Additional information

    Contact persons:

    Investor contact:

    Morten Bækmand, Head of Investor Relations, Nykredit (+45 4455 1521)

    Media contact:

    Orhan Gökcen, Head of Press, Nykredit (+45 3121 0639)

    For further information about the Offer, please see: https://www.nykredit.com/en-gb/offer-spar-nord/

    This announcement and the Offer Document (with supplements) are not directed at shareholders of Spar Nord Bank A/S whose participation in the Offer would require the issuance of an offer document, registration or activities other than what is required under Danish law (and, in the case of shareholders in the United States of America, Section 14(e) of, and applicable provisions of Regulation 14E promulgated under, the US Securities Exchange Act of 1934, as amended). The Offer is not made and will not be made, directly or indirectly, to shareholders resident in any jurisdiction in which the submission of the Offer or acceptance thereof would be in contravention of the laws of such jurisdiction. Any person coming into possession of this announcement, the Offer Document or any other document containing a reference to the Offer is expected and assumed to independently obtain all necessary information about any applicable restrictions and to observe these.

    This announcement does not constitute an offer or an invitation to purchase securities or a solicitation of an offer to purchase securities in accordance with the Offer or otherwise. The Offer will be submitted only in the form of the Offer Document (with supplements) approved by the FSA, which sets out the full terms and conditions of the Offer, including information on how to accept the Offer. The shareholders of Spar Nord Bank are advised to read the Offer Document and any related documents as they contain important information.

    Restricted jurisdictions

    The Offer is not made, and acceptance of the Offer to tender Spar Nord Bank shares is not accepted, neither directly nor indirectly, in or from any jurisdiction in which the making or acceptance of the Offer would not be in compliance with the laws of such jurisdiction or would require any registration, approval or any other measures with any regulatory authority not expressly contemplated by the Offer Document (the “Restricted Jurisdictions”). Neither the United States nor the United Kingdom is a Restricted Jurisdiction.

    Restricted Jurisdictions include, but are not limited to: Australia, Canada, Hong Kong, Japan, New Zealand and South Africa.

    Persons obtaining documents or information relating to the Offer (including custodians, account holding institutions, nominees, trustees, representatives, fiduciaries or other intermediaries) should not distribute, communicate, transfer or send these in or into a Restricted Jurisdiction or use mail or any other means of communication in or into a Restricted Jurisdiction in connection with the Offer. Persons (including, but not limited to, custodians, custodian banks, nominees, trustees, representatives, fiduciaries or other intermediaries) intending to communicate this announcement, the Offer Document, supplements or any related document to any jurisdiction outside Denmark or the United States should inform themselves about these restrictions before taking any action. Any failure to comply with these restrictions may constitute a violation of the laws of such jurisdiction, including securities laws. It is the responsibility of all Persons obtaining this announcement, the Offer Document, supplements, an acceptance form and/or other documents relating to the Offer, or into whose possession such documents otherwise come, to inform themselves about and observe all such restrictions.

    Nykredit is not responsible for ensuring that the distribution, dissemination or communication of this announcement, the Offer Document or supplements to shareholders outside Denmark, the United States and the United Kingdom is consistent with applicable law in any jurisdiction other than Denmark, the United States and the United Kingdom.

    Important Information for Shareholders in the United States

    The Offer concerns the shares in Spar Nord Bank, a public limited liability company incorporated and admitted to trading on a regulated market in Denmark, and is subject to the disclosure and procedural requirements of Danish law, including the Danish capital markets act and the Danish takeover order.

    The Offer is being made to shareholders in Spar Nord Bank in the United States in compliance with the applicable US tender offer rules under the U.S. Securities Exchange Act of 1934, as amended, (the “U.S. Exchange Act”), including Regulation 14E promulgated thereunder, subject to the relief available for a “Tier II” tender offer, and otherwise in accordance with the requirements of Danish law and practice

    Accordingly, US Spar Nord Bank shareholders should be aware that this announcement and any other documents regarding the Offer have been prepared in accordance with, and will be subject to, the disclosure and other procedural requirements, including with respect to withdrawal rights, the Offer timetable, settlement procedures and timing of payments of Danish law and practice, which may differ materially from those applicable under US domestic tender offer law and practice. In addition, the financial information contained in this announcement or the Offer Document has not been prepared in accordance with generally accepted accounting principles in the United States, or derived therefrom, and may therefore differ from, or not be comparable with, financial information of US companies.

    In accordance with the laws of, and practice in, Denmark and to the extent permitted by applicable law, including Rule 14e-5 under the U.S. Exchange Act, Nykredit, Nykredit’s affiliates or any nominees or brokers of the foregoing (acting as agents, or in a similar capacity, for Nykredit or any of its affiliates, as applicable) may from time to time, and other than pursuant to the Offer, directly or indirectly, purchase, or arrange to purchase, outside of the United States, shares in Spar Nord Bank or any securities that are convertible into, exchangeable for or exercisable for such shares in Spar Nord Bank before or during the period in which the Offer remains open for acceptance. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. Any information about such purchases will be announced via Nasdaq Copenhagen and relevant electronic media if, and to the extent, such announcement is required under applicable law. To the extent information about such purchases or arrangements to purchase is made public in Denmark, such information will be disclosed by means of a press release or other means reasonably calculated to inform US shareholders of Spar Nord Bank of such information.

    In addition, subject to the applicable laws of Denmark and US securities laws, including Rule 14e-5 under the U.S. Exchange Act, the financial advisers to Nykredit or their respective affiliates may also engage in ordinary course trading activities in securities of Spar Nord Bank, which may include purchases or arrangements to purchase such securities.

    It may not be possible for US shareholders to effect service of process within the United States upon Spar Nord Bank, Nykredit or any of their respective affiliates, or their respective officers or directors, some or all of which may reside outside the United States, or to enforce against any of them judgments of the United States courts predicated upon the civil liability provisions of the federal securities laws of the United States or other US law. It may not be possible to bring an action against Nykredit, Spar Nord Bank and/or their respective officers or directors (as applicable) in a non-US court for violations of US laws. Further, it may not be possible to compel Nykredit and Spar Nord Bank or their respective affiliates, as applicable, to subject themselves to the judgment of a US court. In addition, it may be difficult to enforce in Denmark original actions, or actions for the enforcement of judgments of US courts, based on the civil liability provisions of the US federal securities laws.

    The Offer, if completed, may have consequences under US federal income tax and under applicable US state and local, as well as non-US, tax laws. Each shareholder of Spar Nord Bank is urged to consult its independent professional adviser immediately regarding the tax consequences of the Offer.

    NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY IN ANY STATE OF THE U.S. HAS APPROVED OR DECLINED TO APPROVE THE OFFER OR THIS ANNOUNCEMENT, PASSED UPON THE FAIRNESS OR MERITS OF THE OFFER OR PROVIDED AN OPINION AS TO THE ACCURACY OR COMPLETENESS OF THIS ANNOUNCEMENT OR ANY OFFER DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE IN THE UNITED STATES.

    1 Executive Order no. 636 of 15 May 2020

    Attachment

    The MIL Network –

  • MIL-OSI Security: Two Charged for Involvement with Online Groups Dedicated to Monkey Torture and Mutilation

    Source: US FBI

    CINCINNATI – Two individuals were charged this week for their involvement with online groups dedicated to creating and distributing videos depicting acts of extreme violence and sexual abuse against monkeys.

    Nicholas T. Dryden, of Cincinnati, Ohio, and Giancarlo Morelli, of New Jersey, were charged with conspiracy to create and distribute so-called “animal crush videos,” and with distributing animal crush videos. Dryden is also charged with the creation of animal crush videos, as well as with production, distribution and receipt of a visual depiction of the sexual abuse of children because a minor was paid to abuse the monkeys.

    According to court documents, in March and April 2023, the two co-defendants allegedly conspired to create and distribute videos depicting acts of sadistic violence against baby, adolescent and adult monkeys. The conspirators allegedly funneled money through Dryden, who then paid the minor in Indonesia to commit the requested acts on camera.

    The videos alleged to have been created as part of the conspiracy included depictions of monkeys having their genitals burned, having their genitals cut with scissors, being sodomized with a wooden skewer and being sodomized with a spoon.

    The conspiracy charge carries a maximum penalty of five years in prison, the charges related to the creation and distribution of animal crush videos each carry a maximum penalty of seven years in prison and the charges of producing and distributing depictions of the sexual abuse of children each carry a maximum penalty of 20 years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Assistant Attorney General Todd Kim of the Justice Department’s Environment and Natural Resources Division and U.S. Attorney Kenneth L. Parker for the Southern District of Ohio made the announcement.

    The U.S. Fish and Wildlife Service and FBI investigated the case.

    Senior Trial Attorney Adam Cullman of the Environment and Natural Resources Division’s Environmental Crimes Section and Assistant U.S. Attorney Tim Oakley for the Southern District of Ohio are prosecuting the case.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

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    MIL Security OSI –

  • MIL-OSI Security: International Investigation Leads to Shutdown of Ransomware Group

    Source: US FBI

    “Radar/Dispossessor” servers and domains successfully dismantled

    On August 12, FBI Cleveland announced the disruption of “Radar/Dispossessor”—the criminal ransomware group led by the online moniker “Brain”—and the dismantling of three U.S. servers, three United Kingdom servers, 18 German servers, eight U.S.-based criminal domains, and one German-based criminal domain.

    Since its inception in August 2023, Radar/Dispossessor has quickly developed into an internationally impactful ransomware group, targeting and attacking small-to-mid-sized businesses and organizations from the production, development, education, healthcare, financial services, and transportation sectors. Originally focused on entities in the United States, the investigation discovered 43 companies as victims of the attacks, from countries including Argentina, Australia, Belgium, Brazil, Honduras, India, Canada, Croatia, Peru, Poland, the United Kingdom, the United Arab Emirates, and Germany. During its investigation, the FBI identified a multitude of websites associated with Brain and his team.

    Ransomware is a type of malicious software, or malware, that encrypts data on a computer making it unusable. A malicious cybercriminal holds the data hostage until the ransom is paid. If the ransom is not paid, the victim’s data remains unavailable. Cybercriminals may also pressure victims to pay the ransom by threatening to destroy the victim’s data or to release it to the public.

    Radar Ransomware follows the same dual-extortion model as other ransomware variants by exfiltrating victim data to hold for ransom in addition to encrypting victim’s systems. Simply, the ransomware identifies and attacks new victims and, re-victimizes current victims.

    Radar/Dispossessor identified vulnerable computer systems, weak passwords, and a lack of two-factor authentication to isolate and attack victim-companies. Once the criminals gained access to the systems, they obtained administrator rights and easily gained access to the files. The actual ransomware was then used for encryption. As a result, the companies could no longer access their own data. Once the company was attacked, if they did not contact the criminal actor, the group would then proactively contact others in the victim company, either through email or phone call. The emails also included links to video platforms on which the previously stolen files had been presented. This was always with the aim of increasing the blackmail pressure and increasing the willingness to pay.

    Finally, the compromise was announced by the attackers on a separate leak page and a countdown set until public release of the victim data if no ransom was paid.

    As ransomware can have many variants, such as this case, the total number of businesses and organizations affected is yet to be determined. The FBI encourages those with information about Brain or Radar Ransomware—or if their business or organization has been a target or victim of ransomware or currently paying a criminal actor—to contact its Internet Crime Complaint Center at ic3.gov or 1-800-CALL-FBI. Your identity can remain anonymous.

    The investigation and joint takedown were conducted in conjunction with the the U.K.’s National Crime Agency, Bamberg Public Prosecutor’s Office, Bavarian State Criminal Police Office (BLKA), and U.S. Attorney’s Office for the Northern District of Ohio.

    MIL Security OSI –

  • MIL-OSI Security: Adair County Resident Sentenced for Felony Assault

    Source: US FBI

    MUSKOGEE, OKLAHOMA – The United States Attorney’s Office for the Eastern District of Oklahoma announced that Cody Wayne Tye, age 34, of Watts, Oklahoma, was sentenced to time served plus three years supervised release for one count of Assault of a Spouse, Intimate Partner, and Dating Partner in Indian Country.

    The charge arose from an investigation by the Federal Bureau of Investigation, the Watts Police Department, and the Westville Police Department.

    On March 11, 2024, Tye pleaded guilty to the charge.  According to investigators, on September 18, 2022, Tye assaulted an individual at an apartment in Westville, Oklahoma.  During the attack, Tye wrapped both hands around the victim’s neck and shoved the victim against a wall, strangling the victim and causing bruising and abrasions.  The crime occurred in Adair County, within the boundaries of the Cherokee Nation Reservation, in the Eastern District of Oklahoma.

    The Honorable John F. Heil, III, U.S. District Judge in the United States District Court for the Eastern District of Oklahoma, presided over the hearing.

    Assistant U.S. Attorneys Rachel Geizura and Edith Singer represented the United States.

    MIL Security OSI –

  • MIL-OSI Security: Fort Towson Resident Sentenced for Murder

    Source: US FBI

    MUSKOGEE, OKLAHOMA – The United States Attorney’s Office for the Eastern District of Oklahoma announced that Thomas Raymond Phillips, III, age 36, of Fort Towson, Oklahoma, was sentenced to a term of life in prison for First Degree Murder in Indian Country.  Phillips was also sentenced to 120 months in prison for one count of Use, Carry, Brandish, and Discharge of a Firearm During and In Relation to a Crime of Violence.  The sentences are set to be served consecutively.

    The charges arose from an investigation by the Choctaw County Sheriff’s Office, the Oklahoma Highway Patrol, the Oklahoma State Bureau of Investigation, and the Federal Bureau of Investigation.

    On October 25, 2023, Phillips was found guilty of the charges by a federal jury at trial.   According to investigators, on the evening of December 19, 2020, Phillips fired multiple shots into a Fort Towson bar after being ejected by management for instigating a fight.  One bullet struck a patron, killing the victim at the scene.  The crime occurred in Choctaw County, within the boundaries of the Choctaw Nation Reservation, in the Eastern District of Oklahoma.

    “The defendant’s malicious and senseless acts stole a life, and the defendant will spend his remaining days in prison paying the price justice demands for his crimes,” said United States Attorney Christopher J. Wilson.  “I commend county, state, and federal law enforcement for their investigative work and the prosecuting attorneys for presenting the case and advocating for the victim.”

    The Honorable John F. Heil, III, U.S. District Judge in the United States District Court for the Eastern District of Oklahoma, presided over the hearing.  Phillips will remain in the custody of the U.S. Marshals Service pending transportation to a designated United States Bureau of Prisons facility to serve a non-paroleable sentence of incarceration.

    Assistant U.S. Attorneys Dean Burris and T. Cameron McEwen represented the United States.

    MIL Security OSI –

  • MIL-OSI Security: Pryor Man Sentenced to Life After Jury Convicts Him of Aggravated and Abusive Child Sexual Abuse

    Source: US FBI

    TULSA, Okla. – Previously convicted by a jury in July, Adam Joseph King, was sentenced today for Aggravated Sexual Abuse of a Minor Under 12 in Indian Country and Abusive Sexual Contact with a Minor Under 12 in Indian Country.

    U.S. District Judge John D. Russell sentenced King, 36, to life imprisonment on both counts.

    “King took advantage of a child entrusted in his care and continues to show no remorse for his actions,” said U.S. Attorney Clint Johnson. “The only way to stop someone like King and protect the community is by giving him a lengthy prison sentence.”

    “The victim in the case was just eight years old when King began abusing her. Despite the trauma she endured, she found the courage to tell her story in court, and as a result this dangerous predator will now live behind bars where he can never harm another child,” said FBI Oklahoma City Special Agent in Charge Doug Goodwater. “Her resilience is a powerful reminder of why we do this work – to protect the most vulnerable members of our community and hold violent offenders accountable for their crimes.”

    Evidence presented to the jury showed that King repeatedly sexually abused his girlfriend’s child from age eight through eleven years old. King exploited the child that was in his care and warned the victim not to tell.

    The child victim testified about the sexual abuse she received and eventually reported the abuse to a school counselor. Experts further testified that the evidence collected from King’s bedroom matched the DNA of the child victim.

    The investigation showed that King and his girlfriend, the victim’s mother, denied any wrongdoing by King. Once the investigation began, the minor victim and sibling were removed from the home and placed in the custody of their grandparents, where they have remained.

    The minor victim is a tribal citizen. King will remain in custody pending transfer to the U.S. Bureau of Prisons.

    The FBI, the Catoosa Police Department, and the Oklahoma State Bureau of Investigations investigated the case. Assistant U.S. Attorneys Valeria Luster and Matthew Cyran prosecuted the case.

    If you want to make a report of child sexual exploitation, you can use the National Center for Missing and Exploited Children (NCMEC) CyberTipline.

    This case was brought as part of Project Safe Childhood (PSC), a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. U.S. Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section leads PSC, which marshals federal, state and local resources to locate, apprehend and prosecute individuals who sexually exploit children and identifies and rescues victims. For more information about PSC, please visit DOJ’s PSC page. For more information about internet safety education, please visit the resources tab on that page. 

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  • MIL-OSI Security: January Federal Grand Jury 2024-B Indictments Announced

    Source: US FBI

    United States Attorney Clint Johnson today announced the results of the January Federal Grand Jury 2024-B Indictments.

    The following individuals have been charged with violations of United States law in indictments returned by the Grand Jury. The return of an indictment is a method of informing a defendant of alleged violations of federal law, which must be proven in a court of law beyond a reasonable doubt to overcome a defendant’s presumption of innocence.

    Bradley Andrew Friend. Coercion and Enticement of a Minor; Production of Child Pornography; Receipt and Distribution of Child Pornography; Possession of Child Pornography. Friend, 40, of Oologah, is charged with enticing and persuading a minor child to engage in sexual activity. He is further charged with producing, possessing, receiving, and distributing materials that depict the sexual abuse of children. The Homeland Security Investigations is the investigative agency. Assistant U.S. Attorney Stacey P. Todd is prosecuting the case. 25-CR-013

    Gary Syd Goldberg. Possession of Child Pornography. Goldberg, 76, of Mannford, is charged with possessing visual images and videos depicting the sexual abuse of children under 12 years old. The Oklahoma State Bureau of Investigation and the Mannford Police Department are the investigative agencies. Assistant U.S. Attorney Mallory Richard is prosecuting the case. 24-CR-253

    Shawn Ray Murnan. Bank Fraud (Counts 1 through 4); False Statements (Counts 5 through 8); Unlawful Monetary Transactions (Counts 9 through 14). Murnan, 56, of Windemere, Florida, is charged with fraudulently submitting 14 applications on behalf of his various businesses seeking more than $2.7 million in CARES Act Funds. Of those applications, Murnan received more than $1.6 million in PPP and EIDL loans. After receiving CARES Act funds, Murnan requested loan forgiveness. More than $1.3 million was forgiven. Two of the PPP loans were funded by a bank located within the NDOK. Each application submitted by Murnan contained false representations and inaccurate accounting regarding employees’ wages, including that he owned no other businesses. The FRB-CFPB Office of the Inspector General, the SBA Office of the Inspector General, and TIGTA are the investigative agencies. Assistant U.S. Attorneys David D. Whipple and Cheryl Baber are prosecuting the case. 25-CR-014

    Xavion Eugene Paggett. Attempted Bank Robbery; Felon in Possession of a Firearm and Ammunition. Paggett, 24, of Broken Arrow, is charged with using a firearm to rob a bank in Nov. 2024. He is further charged with possessing a firearm and ammunition, knowing he was previously convicted of felonies. The FBI and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorney Shakema M. Onias is prosecuting the case. 25-CR-012

    Anthony Clay Russell. First Degree Murder in Indian Country; Carrying, Using, Brandishing, and Discharging a Firearm During and in Relation to a Crime of Violence; Assault with a Dangerous Weapon with Intent to do Bodily Harm in Indian Country (superseding). Russell, 32, of Tulsa and a member of the Osage Nation, is charged with maliciously killing Tasha Shepard on Oct. 22, 2024. He is further charged with discharging a firearm during a crime of violence and intentionally assaulting a second victim with a dangerous weapon. The FBI and Tulsa Police Department are the investigative agencies. Assistant U.S. Attorneys Adam D. McConney and John Brasher are prosecuting the case. 24-CR-365

    Marcos Javier Suazo-Otero; Marcos Javier Suazo-Mancilla. Drug Conspiracy (Count 1); Possession of Methamphetamine with Intent to Distribute (Counts 2 and 3); Possession of Cocaine with Intent to Distribute (Count 4); Maintaining a Drug-Involved Premises (Counts 5 and 6); Unlawful Reentry of a Removed Alien (Count 7); Possession of Firearms in Furtherance of a Drug Trafficking Crime (Count 8); Alien Unlawfully in the United States in Possession of Firearms (Count 9) (superseding). Suazo-Otero, 46, and Suazo-Mancilla, 23, both Mexican nationals, are charged with conspiring to distribute methamphetamine from Jan. 2024 through Nov. 2024. They are further charged with maintaining a residence for drug distribution. Suazo-Otero knowingly possessed methamphetamine with intent to distribute and is additionally charged with unlawfully reentering the United States after having been previously removed in Aug. 2018. Lastly, Suazo-Mancilla knowingly possessed cocaine with intent to distribute, possessed firearms while drug trafficking, and knowingly did so while being an alien illegally in the United States. The Drug Enforcement Administration, the Tulsa Police Department, and the Tulsa County Sheriff’s Office are the investigative agencies. Assistant U.S. Attorney David A. Nasar is prosecuting the case. 24-CR-397

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  • MIL-OSI Security: U.S. Attorney’s Office Joins in Recognizing Missing and Murdered Indigenous Persons Awareness Day and Announces Appointment of Regional MMIP Coordinator

    Source: US FBI

    PORTLAND, Ore.—The U.S. Attorney’s Office for the District of Oregon joins its partners across the federal government, as well as people throughout American Indian and Alaska Native communities, in recognizing May 5, 2024, as National Missing and Murdered Indigenous Persons (MMIP) Awareness Day.

    The office also announced today the appointment of an MMIP Regional Coordinator based in the District of Oregon. Cedar Wilkie Gillette, who since June 2020 has served as the District of Oregon MMIP Coordinator, will now serve as regional coordinator for the Northwest Region under the Justice Department’s MMIP Regional Outreach Program. The Northwest Region includes the states of California, Hawaii, Idaho, Montana, Oregon, and Washington.

    Ms. Wilkie Gillette will work alongside Ms. Bree R. Black Horse who was appointed in February 2024 in the Eastern District of Washington to serve as the MMIP Assistant U.S. Attorney for the Northwest Region.

    “We are delighted that Cedar Wilkie Gillette will serve as northwest regional coordinator for the Justice Department’s MMIP Regional Outreach Program. This program is a critical next step in the department’s ongoing effort to address this crisis, which has affected tribes and communities across our region and country. Cedar is abundantly qualified for this position and we are eager for her to expand the great work she has done here in Oregon throughout the Northwest Region,” said Natalie Wight, U.S. Attorney for the District of Oregon.

    “There is still so much more to do in the face of persistently high levels of violence that Tribal communities have endured for generations, and that women and girls, particularly, have endured,” said Attorney General Merrick B. Garland. “In carrying out our work, we seek to honor those who are still missing, those who were stolen from their communities, and their loved ones who are left with unimaginable pain. Tribal communities deserve safety, and they deserve justice. This day challenges all of us at the Justice Department to double down on our efforts, and to be true partners with Tribal communities as we seek to end this crisis.”

    Launched in July 2023, the MMIP Regional Outreach Program permanently places 10 attorneys and coordinators in five designated regions across the United States to aid in the prevention and response to missing or murdered indigenous people. This support includes assisting in the investigation of unresolved MMIP cases and related crimes, and promoting communication, coordination, and collaboration among federal, tribal, local, and state law enforcement and non-governmental partners on MMIP issues. 

    The regional outreach program program prioritizes MMIP cases consistent with the Deputy Attorney General’s July 2022 directive to U.S. Attorney’s Offices promoting public safety in Indian Country and fulfills the Justice Department’s promise to dedicate new personnel to MMIP consistent with Executive Order 14053, Improving Public Safety and Criminal Justice for Native Americans and Addressing the Crisis of Missing or Murdered Indigenous People, and the department’s Federal Law Enforcement Strategy to Prevent and respond to Violence Against American Indians and Alaska Natives, Including to Address Missing or Murdered Indigenous Persons issued in July 2022. 

    The Department’s work to respond to the MMIP crisis is a whole-of-department effort. In March, the Departments of Justice and the Interior released their joint response to the Not Invisible Act Commission’s recommendations on how to combat the missing or murdered indigenous peoples and human trafficking crisis.

    Over the past year, the Department awarded $268 million in grants to help enhance Tribal justice systems and strengthen law enforcement responses. These awards have also gone toward improving the handling of child abuse cases, combating domestic and sexual violence, supporting Tribal youth programs, and strengthening victim services in Tribal communities.

    For additional information about the Department of Justice’s efforts to address the MMIP crisis, please visit the Missing or Murdered Indigenous Persons section of the Tribal Safety and Justice website. Click here for more information about reporting or identifying missing persons.

    In early 2022, the District of Oregon established an MMIP Working Group to increase multi-agency communication and collaboration in support of and response to Oregon-connected MMIP cases. The working group includes representatives from each of the nine federally recognized Tribes in Oregon, the FBI, Bureau of Indian Affairs, U.S. Department of Interior Regional Solicitor’s Office, U.S. Marshals Service, Oregon Department of Justice, Oregon State Medical Examiner’s Office, and Oregon State Police.

    Prior to joining the U.S. Attorney’s Office in 2020, Ms. Wilkie Gillette served as a law fellow for Earthjustice, a nonprofit environmental law organization. She has a juris doctorate from the Vermont Law School and a bachelor’s degree in applied social justice and human rights activism from the University of Minnesota. Ms. Wilkie Gillette is an enrolled member of the Mandan, Hidatsa, and Arikara Nation and a direct descendant of the Turtle Mountain Band of Chippewa. She has conducted extensive research on indigenous human rights and environmental justice issues.

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  • MIL-OSI Asia-Pac: Winnie Ho concludes Paris visit

    Source: Hong Kong Information Services

    Secretary for Housing Winnie Ho concluded her visit to Paris, France, yesterday by meeting a representative of a social housing association, a renowned urban planner and government officials there.

     

    In the morning, Ms Ho met a representative of CDC Habitat, a social housing association in France, to learn more about the mode of operation, development strategies, and challenges of social housing there. She also devoted time to highlight Hong Kong’s situation and the various housing initiatives being implemented by the Housing Bureau.

     

    Ms Ho then visited an integrated residential and commercial community comprising social housing, which was transformed from the Olympic Athletes’ Village, to learn about sustainable urban development.

     

    While meeting a renowned urban planner, IAE Paris Sorbonne Business School Associate Professor Carlos Moreno, Ms Ho shared her vision and thoughts on sustainable urban planning and design.

     

    Prof Moreno put forward the urban planning concept of the “15-minute city”, which aims to enable residents in a community to meet their daily needs for food, clothing, housing and transport within a 15-minute walking or cycling distance and enhance environmental sustainability.

     

    Ms Ho pointed out that this coincides with the planning concept of the Housing Authority’s new public housing estates and cited Queen’s Hill Estate as an example, demonstrating the planning of a resident-oriented, self-sufficient community that embraces cultural heritage and blends with nature to create a sustainable community. Prof Moreno expressed his wish to have the opportunity to visit Hong Kong in the future.

     

    In the evening, Ms Ho met Advisor to the Mayor on housing, urban planning, architecture, land development Renaud Paque, and Director of Housing & Habitat Doan Lebel to exchange views on public housing policies and experiences on sustainable urbanisation and urban planning concepts.

     

    Concluding the trip, Ms Ho stated that this visit tied in with the Housing Bureau’s Housing•I&T initiative this year, introducing the latest developments of advanced technology companies from Hong Kong and the Mainland in the areas of construction technologies, public housing, green building, etc, as well as demonstrating to the world the application of technologies such as Modular Integrated Construction and construction robots that help enhance construction efficiency and safety.

     

    The housing chief emphasised that the Government will actively make reference to overseas experiences on decarbonisation and energy-saving technologies, and fully capitalise on Hong Kong’s unique advantages, reinforce connectivity, and play the role as a “super connector” and a “super value-adder”.

     

    “I expect that the two cities will maintain liaison and strengthen exchanges in areas such as innovative building technologies, public housing construction, green buildings, well-being communities, and enhancing the housing ladder to give new impetus to public housing construction,” Ms Ho added.

    MIL OSI Asia Pacific News –

  • PM Modi inaugurates Rising North East Investors Summit 2025

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi inaugurated the Rising North East Investors Summit 2025 at Bharat Mandapam in New Delhi today, reaffirming the government’s commitment to the holistic development of the North Eastern region. Addressing a gathering of dignitaries, industry leaders, and stakeholders, the Prime Minister expressed pride and confidence in the region’s vibrant future.
     
    Welcoming participants to the summit, the Prime Minister recalled the recently held Ashtalakshmi Mahotsav at the same venue, saying that today’s event is not just a meeting of minds but a celebration of investment and opportunity in the Northeast.
     
    Highlighting the enthusiastic participation of industry leaders, PM Modi praised the collaborative efforts of ministries and state governments in creating an investor-friendly environment. “The presence of so many industry leaders reflects the growing interest in the Northeast’s potential,” he said, extending his best wishes to all stakeholders involved.
     
    Describing India as the world’s most diverse country, the Prime Minister said that the Northeast represents the most diverse part of this diversity. He underlined the region’s strengths across sectors—trade, tradition, textiles, and tourism—and identified it as a hub of bio-economy, bamboo, tea, petroleum, sports, skill development, eco-tourism, organic products, and energy.
     
    Referring to the Northeast as Ashtalakshmi, symbolising prosperity and opportunity, he said that each Northeastern state is now asserting itself as ready for investment and leadership.
     
    Underscoring the strategic importance of Eastern India in the mission to build a Viksit Bharat (Developed India), the Prime Minister said, “For us, EAST is not just a direction—it is a vision: Empower, Act, Strengthen, and Transform. This is the guiding framework of our policy for Eastern India.”
     
    The Prime Minister also highlighted the transformation witnessed in the Northeast over the past 11 years. He stressed that this progress is not confined to statistical achievements but is visible in real, on-ground development. He said the government’s engagement with the region goes beyond policy—it is rooted in an emotional connection with its people.
     
    “Infrastructure projects in the region are not just about roads and bridges; they are about emotional connectivity,” he said.
     
    He further stated that the government’s transition from a “Look East” to an “Act East” policy has brought tangible results. “The Northeast was once seen as a frontier region; today, it is emerging as a front-runner in India’s growth story,” the Prime Minister concluded.
     
    The Rising North East Investors Summit 2025 is a two-day event being held on May 23 and 24. The agenda for the two-day summit includes ministerial sessions, Business-to-Government (B2G) and Business-to-Business (B2B) meetings, and a dedicated exhibition zone. 
     
    Key sectors identified for focused investment promotion include Tourism and Hospitality, Agro-Food Processing and allied industries, Textiles, Handloom and Handicrafts, Healthcare, Education and Skill Development, IT and IT-enabled Services, Infrastructure and Logistics, Energy, as well as Entertainment and Sports.

  • MIL-OSI Russia: G7 finance ministers call for solidarity in tackling global challenges

    Translation. Region: Russian Federal

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

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

    OTTAWA, May 23 (Xinhua) — Finance ministers and central bank governors of the Group of Seven (G7) countries called for unity to address current global challenges on Thursday following their annual meeting in Banff, Canada.

    According to a press release from the Department of Finance Canada, a communiqué was issued following the meeting, stressing the importance of G7 unity in the face of complex global challenges.

    The meeting of finance ministers and central bank governors took place ahead of the June G7 summit in Kananaskis, Alberta, Canada. The participants had productive and frank discussions on the global economy, unsustainable global imbalances, development assistance and productivity, the press release said.

    “Canada approaches this 50th meeting with clear priorities, such as stimulating growth and restoring stability to the global economy,” said Finance Minister Francois-Philippe Champagne.

    The G7 is an informal grouping of major global economies designed to coordinate responses to global crises. It includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.

    The Group of Seven finance ministers and central bank governors meet annually to discuss key economic policy issues. –0–

    MIL OSI Russia News –

  • MIL-OSI Economics: Joint Statement of the Special AEM-Closer Economic Relations (CER) Consultation

    Source: ASEAN – Association of SouthEast Asian Nations

    1. The Special AEM-Closer Economic Relations (CER) Consultation was held on 20 May 2025 via videoconference. The Consultation was co-chaired by H.E. Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade and Industry of Malaysia; Senator the Honourable Don Farrell, Minister for Trade and Tourism, Australia; and the Honourable Todd McClay, Minister for Trade and Investment, New Zealand. The Meeting also welcomed the participation of H.E. Filipus Nino Pereira, Minister of Commerce and Industry, Democratic Republic of Timor-Leste as an observer.
     
    2. The Meeting exchanged views on recent regional and global economic developments and their implications for trade, investment, and economic integration, and discussed ways to strengthen ASEAN-CER economic partnership amid the emerging global economic landscape.
     
    Download the full statement here
    The post Joint Statement of the Special AEM-Closer Economic Relations (CER) Consultation appeared first on ASEAN Main Portal.

    MIL OSI Economics –