Category: Australia

  • MIL-OSI Australia: Charges – Domestic violence – Nightcliff

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force has arrested a 22-year-old female in relation to a domestic violence incident at a residence in Nightcliff on Wednesday afternoon.

    About 9:50am yesterday morning, the Joint Emergency Services Communication Centre (JESCC) received reports of a male being pushed over a balcony railing on Wednesday afternoon.

    Initial investigations and canvassing of nearby CCTV footage in the area indicates a male victim had been allegedly pushed off the balcony, about three to four metres off the ground, and suffered a lower leg injury. The victim proceeded to walk towards a bus stop on Progress Drive, leaving a trail of blood.

    The JESCC received a considerable number of calls in relation to the trail of blood in Nightcliff. The male victim is believed to have self-presented at the Royal Darwin Hospital for his injuries.

    The 22-year-old female was arrested yesterday by officers from the Territory Safety Division without incident and was later charged with:

    • Recklessly Endanger Serious Harm
    • Aggravated Assault

    She was remanded to appear in Darwin Local Court today.

    The Territory Safety Division has carriage of the investigation.

    Anyone who has information in relation to the incident is urged to make contact with police on 131 444.

    If you or someone you know are experiencing difficulties due to domestic violence, support services are available, including, but not limited to, 1800RESPECT (1800737732) or Lifeline 131 114.

    MIL OSI News

  • MIL-OSI USA: News 07/10/2025 Blackburn Introduces Legislation to Reduce Air Traffic Controller Shortages

    US Senate News:

    Source: United States Senator Marsha Blackburn (R-Tenn)

    WASHINGTON, D.C. – Today, U.S. Senator Marsha Blackburn (R-Tenn.) introduced the Control Tower Continuity Act to help reduce the current air traffic controller shortage in the United States. This legislation would give the U.S. Secretary of Transportation the authority to exempt exceptional individuals over the age of 61 from the mandatory air traffic controller retirement age to prevent flight delays, cancellations, and potential safety concerns:

    “Healthy and skilled air traffic controllers should not be forced to retire at age 61,” said Senator Blackburn. “As the United Staes faces a shortage of air traffic controllers, Americans are forced to endure delays, cancellations, and safety concerns. The Control Tower Continuity Act would empower healthy and experienced air traffic controllers to work beyond the current mandatory retirement age to address air traffic controller shortages.”

    BACKGROUND

    • Air traffic controller staffing has been an issue faced by the Federal Aviation Administration (FAA) for years.
    • The FAA is short about 3,000 air traffic controllers across the nation.
    • The current mandatory retirement age for air traffic controllers is 56, and the U.S. Secretary of Transportation has the authority to exempt “exceptional” individuals until age 61.
    • U.S. Secretary of Transportation Sean Duffy has expressed interest in using his authority to exempt individuals until age 61.

    THE CONTROL TOWER CONTINUITY ACT

    • The Control Tower Continuity Act would allow the U.S. Secretary of Transportation to exempt air traffic controllers from thas e mandatory retirement age past the age of 61 as long as they meet relevant medical standards, providing more flexibility during times of air traffic controller shortages.
    • Under this legislation, air traffic controllers over the age of 61 would be required to update their medical certifications every six months, as opposed to every year.

    Click here for bill text.

    RELATED

    MIL OSI USA News

  • MIL-Evening Report: ‘Fashion helped the pride come out’: First Nations fashion as resistance, culture and connection

    Source: The Conversation (Au and NZ) – By Treena Clark, Chancellor’s Indigenous Research Fellow, Faculty of Design and Society, University of Technology Sydney

    Aboriginal and Torres Strait Islander readers are advised this article contains images of deceased people.

    First Nations garments have always held deep meaning. What we wear tells stories about culture, Country and community.

    From the moment of invasion, clothing and adornment were removed and used to erase our cultural presence. But resistance never stopped.

    Today, First Nations designers, artists and community members continue to reclaim garments as acts of survival, empowerment and self-determination.

    Cultural practices like cloak-making and adornment are linked to wellbeing. They restore pride, connect to ancestors and Country, and build community.

    First Nations fashion designers and artists create exquisite items that represent culture, speak back to colonisation, and contribute to healing.

    A shared experience

    Like so many others, what I wear is deeply personal. I have my dad’s old Aboriginal rugby guernsey. He wore it for years. Now I wear it. It’s a piece of him I get to carry.

    It’s a part of what links me to my research in understanding First Nations fashion and style as living expressions of who we are.

    I had the chance to yarn with 20 Aboriginal Knowledge Holders from Tarntanya (Adelaide), Naarm (Melbourne) and Warrane (Sydney) about their fashion and style choices.

    Like many of the people I spoke to in this study, we use First Nations fashion and style as a way to stay connected to culture and community and express identity and resistance.

    Fashion as connection and solidarity

    For many of the Knowledge Holders I spoke with, wearing First Nations clothing and adornment connects them to culture and community.

    It becomes a way to share who they are and stand together in a world that has tried to silence and erase them.

    The Knowledge Holders wear everything from subtle pins and badges to bold hoodies, t-shirts and merch with Aboriginal flag motifs and slogans. Some choose delicate shawls or clothing with cultural artworks.

    As one Knowledge Holder put it, it’s “a contribution, a brick in the wall” that helps the building of identity and belonging.

    For mob living off-Country in cities or overseas, wearing culture becomes an important way to stay connected.

    This sense of connection can also show up in the most ordinary places.

    Several Knowledge Holders shared how wearing an Aboriginal shirt in places like the supermarket often sparks a moment of connection. Sometimes they approach others, sometimes they’re the ones approached.

    Fashion as pride and cultural practice

    For most of the Knowledge Holders, wearing First Nations clothing affirms their Aboriginality and gives them a sense of pride.

    For some, it’s about proudly showing who they are, especially in a society where racism still exists. That pride runs through generations.

    Some talked about how they weren’t always allowed to show their First Nations identity openly, but now they can wear cultural clothing freely, all of the time.

    The Knowledge Holders wear First Nations fashions at work, in shops, when travelling overseas, at graduations and especially at cultural events or protests.

    Another Knowledge Holder shared how fashion filled a gap, giving First Nations people the words and symbols to express their culture and identity.

    This Knowledge Holder declared, “fashion helped the pride come out”.

    Others shared that even though wearing these clothes can mean dealing with racism or ignorance, they still choose to show that pride.

    Fashion as identity and protest

    For many of the Knowledge Holders, First Nations fashion and style is a way to strengthen their identity, share culture and protest.

    They talked about wearing protest clothing as a clear political statement, especially at marches, NAIDOC events or on Invasion Day.

    For many, clothing is how they show who they are, both to themselves and to others.

    One Knowledge Holder said

    if I don’t wear something Indigenous, they wouldn’t know that I was.

    Some pointed out that First Nations fashion and style can be an important sign for them, especially if they feel they “pass” as non-Indigenous or look ethnically ambiguous.

    But not all Knowledge Holders use fashion to show their identity. One told me they only wear First Nations clothing in solidarity with others, not as personal expression.

    There’s more to learn and do

    First Nations fashion and style is so much more than just clothing. It’s memory, resistance and a story we carry on our bodies.

    As one of the Knowledge Holders put it:

    we wasn’t allowed to be proud of it. Now we can wear [an Aboriginal] t-shirt whenever, all day every day.

    That says it all. But there’s still work to do. We need to keep learning and understanding about all the different layers and identities that shape these experiences.

    There is more research to be done to include more voices, like those of diverse genders and sexualities, Torres Strait Islanders and regional fashion scenes.

    And it’s not just about research. We need more policies, more exhibitions, more programs and more platforms that celebrate First Nations fashion and style.

    Treena Clark has received funding through the University of Technology Sydney Chancellor’s Indigenous Research Fellowship scheme.

    ref. ‘Fashion helped the pride come out’: First Nations fashion as resistance, culture and connection – https://theconversation.com/fashion-helped-the-pride-come-out-first-nations-fashion-as-resistance-culture-and-connection-258816

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Trump has flagged 200% tariffs on Australian pharmaceuticals. What do we produce here, and what’s at risk?

    Source: The Conversation (Au and NZ) – By Joe Carrello, Research Fellow, The University of Melbourne

    Tanya Dol/Shutterstock

    US President Donald Trump’s proposed tariffs on Australia’s pharmaceutical exports to the United States has raised alarm among industry and government leaders.

    There are fears that, if implemented, the tariffs could cost the Australian economy up to A$2.8 billion. That’s both in direct exports and as inputs to third countries that produce drugs also hit by tariffs.

    The proposed tariffs come amid growing pressure from pharmaceutical lobby groups in the US for Trump to use trade negotiations as a tool to make changes to the Pharmaceutical Benefits Scheme (PBS) and raise Australian drug prices.

    In response, Treasurer Jim Chalmers stated the government would not compromise the integrity of the PBS to do a deal with the Trump administration. Nationals Senator Bridget McKenzie also confirmed bipartisan support for the PBS.

    Our largest export market for pharmaceuticals

    The US is Australia’s biggest pharmaceutical export market, accounting for 38% of total Australian pharmaceutical exports and valued at $2.2 billion last year.

    About 87% of exports to the US consist of blood plasma products, mainly from manufacturing giant CSL. These are used for transfusions in a range of medical and surgical situations.

    In a submission to the US Commerce Department, which is reviewing the sector, CSL called for tariffs to be phased in over five years, and for an exemption for certain biotech equipment.

    Trump floated proposed tariffs potentially as high as 200%. But he also said these would not be imposed for “about a year, a year and a half” to allow negotiations to take place.

    If tariffs are eventually implemented, there are fears domestic manufacturing may suffer, with negative flow-on effects for Australian research and innovation in the sector.

    How does the PBS work?

    The PBS is an Australian government program aimed at providing affordable prescription medicines to Australians.

    It helps reduce the cost of essential medications, ensuring access to treatments for a wide range of medical conditions. Medicines included on the PBS are subsidised by the government, with the patient making a capped co-payment. More than 900 medicines were listed on the scheme in 2023–24, costing the government $17.7 billion.

    Decisions to list medications on the PBS are made by the health minister based on recommendations from the Pharmaceutical Benefits Advisory Committee. The committee evaluates the clinical effectiveness, safety, cost-effectiveness (“value for money”) and estimated financial impact of new medications.

    If approved, the PBS uses this information to negotiate directly with pharmaceutical companies, helping to keep prices affordable.

    How does the US system compare?

    This contrasts with the US system, which operates more under free-market principles. In the US, pharmaceuticals are subsidised through private health insurance or government programs such as Medicaid. Neither directly negotiates with pharmaceutical companies.

    The fragmented nature of the US system enables pharmaceutical companies to maintain higher prices, as there is no central authority to enforce cost controls. Studies have shown that prices for pharmaceuticals in the US are, on average, 2.78 times those in 33 other countries.

    In addition, in the US pharmaceutical companies are granted extensive patent protections. These provide exclusive rights to sell their drugs for a certain period.

    This exclusivity often leads to monopolistic pricing practices, as generic competitors are barred from entering the market until the patent expires.

    In Australia, patents also exist. But the PBS mitigates their impact by negotiating prices and promoting the use of cost-effective alternatives, such as generics, once they become available.

    Industry lobbying

    US pharmaceutical industry bodies have long criticised the PBS. They claim the scheme “undervalues new innovative medicines by setting prices based on older inferior medicines and generics, and through use of low and outdated monetary thresholds per year of life gained from clinically proven treatments”.

    The slow process to list drugs on the PBS has also attracted criticism. The advisory committee meets only three times a year, with resources currently being stretched beyond capacity.

    In response to these criticisms, the Australian government commissioned a review, which was completed in 2024. It provided 50 recommendations to ensure Australians can continue to access effective, safe and affordable medicines in an equitable and timely way.

    The government has established an advisory group to work on implementing these recommendations. However, it is unclear whether proposed changes will appease the powerful US pharmaceutical industry.

    I am responsible for evaluating new health technologies for consideration of government subsidy through the Pharmaceutical Benefits Scheme (PBS) and Medicare Benefits Schedule (MBS)

    ref. Trump has flagged 200% tariffs on Australian pharmaceuticals. What do we produce here, and what’s at risk? – https://theconversation.com/trump-has-flagged-200-tariffs-on-australian-pharmaceuticals-what-do-we-produce-here-and-whats-at-risk-260909

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Trump has flagged 200% tariffs on Australian pharmaceuticals. What do we produce here, and what’s at risk?

    Source: The Conversation (Au and NZ) – By Joe Carrello, Research Fellow, The University of Melbourne

    Tanya Dol/Shutterstock

    US President Donald Trump’s proposed tariffs on Australia’s pharmaceutical exports to the United States has raised alarm among industry and government leaders.

    There are fears that, if implemented, the tariffs could cost the Australian economy up to A$2.8 billion. That’s both in direct exports and as inputs to third countries that produce drugs also hit by tariffs.

    The proposed tariffs come amid growing pressure from pharmaceutical lobby groups in the US for Trump to use trade negotiations as a tool to make changes to the Pharmaceutical Benefits Scheme (PBS) and raise Australian drug prices.

    In response, Treasurer Jim Chalmers stated the government would not compromise the integrity of the PBS to do a deal with the Trump administration. Nationals Senator Bridget McKenzie also confirmed bipartisan support for the PBS.

    Our largest export market for pharmaceuticals

    The US is Australia’s biggest pharmaceutical export market, accounting for 38% of total Australian pharmaceutical exports and valued at $2.2 billion last year.

    About 87% of exports to the US consist of blood plasma products, mainly from manufacturing giant CSL. These are used for transfusions in a range of medical and surgical situations.

    In a submission to the US Commerce Department, which is reviewing the sector, CSL called for tariffs to be phased in over five years, and for an exemption for certain biotech equipment.

    Trump floated proposed tariffs potentially as high as 200%. But he also said these would not be imposed for “about a year, a year and a half” to allow negotiations to take place.

    If tariffs are eventually implemented, there are fears domestic manufacturing may suffer, with negative flow-on effects for Australian research and innovation in the sector.

    How does the PBS work?

    The PBS is an Australian government program aimed at providing affordable prescription medicines to Australians.

    It helps reduce the cost of essential medications, ensuring access to treatments for a wide range of medical conditions. Medicines included on the PBS are subsidised by the government, with the patient making a capped co-payment. More than 900 medicines were listed on the scheme in 2023–24, costing the government $17.7 billion.

    Decisions to list medications on the PBS are made by the health minister based on recommendations from the Pharmaceutical Benefits Advisory Committee. The committee evaluates the clinical effectiveness, safety, cost-effectiveness (“value for money”) and estimated financial impact of new medications.

    If approved, the PBS uses this information to negotiate directly with pharmaceutical companies, helping to keep prices affordable.

    How does the US system compare?

    This contrasts with the US system, which operates more under free-market principles. In the US, pharmaceuticals are subsidised through private health insurance or government programs such as Medicaid. Neither directly negotiates with pharmaceutical companies.

    The fragmented nature of the US system enables pharmaceutical companies to maintain higher prices, as there is no central authority to enforce cost controls. Studies have shown that prices for pharmaceuticals in the US are, on average, 2.78 times those in 33 other countries.

    In addition, in the US pharmaceutical companies are granted extensive patent protections. These provide exclusive rights to sell their drugs for a certain period.

    This exclusivity often leads to monopolistic pricing practices, as generic competitors are barred from entering the market until the patent expires.

    In Australia, patents also exist. But the PBS mitigates their impact by negotiating prices and promoting the use of cost-effective alternatives, such as generics, once they become available.

    Industry lobbying

    US pharmaceutical industry bodies have long criticised the PBS. They claim the scheme “undervalues new innovative medicines by setting prices based on older inferior medicines and generics, and through use of low and outdated monetary thresholds per year of life gained from clinically proven treatments”.

    The slow process to list drugs on the PBS has also attracted criticism. The advisory committee meets only three times a year, with resources currently being stretched beyond capacity.

    In response to these criticisms, the Australian government commissioned a review, which was completed in 2024. It provided 50 recommendations to ensure Australians can continue to access effective, safe and affordable medicines in an equitable and timely way.

    The government has established an advisory group to work on implementing these recommendations. However, it is unclear whether proposed changes will appease the powerful US pharmaceutical industry.

    I am responsible for evaluating new health technologies for consideration of government subsidy through the Pharmaceutical Benefits Scheme (PBS) and Medicare Benefits Schedule (MBS)

    ref. Trump has flagged 200% tariffs on Australian pharmaceuticals. What do we produce here, and what’s at risk? – https://theconversation.com/trump-has-flagged-200-tariffs-on-australian-pharmaceuticals-what-do-we-produce-here-and-whats-at-risk-260909

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Albanese’s China mission – managing a complex relationship in a world of shifting alliances

    Source: The Conversation (Au and NZ) – By James Laurenceson, Director and Professor, Australia-China Relations Institute (UTS:ACRI), University of Technology Sydney

    Prime Minister Anthony Albanese leaves for China on Saturday, confident most Australians back the government’s handling of relations with our most important economic partner and the leading strategic power in Asia.

    Albanese’s domestic critics have lambasted him for meeting Chinese leader Xi Jinping before United States President Donald Trump. They are also aggrieved at his refusal to label China a security threat.

    But neither criticism really stacks up.

    An Albanese-Trump meeting would have happened last month on the sidelines of a G7 gathering in Canada. It was Trump who left early, standing up more leaders than just Albanese.

    Nor is Albanese the first Australian prime minister to meet a Chinese president before an American one. His predecessor Tony Abbott caught up with Xi a few weeks after coming to office in 2013, before he had a chance to meet President Barack Obama.

    ‘Friends, not foes’

    Meanwhile, polling indicates just one in five Australians see the relationship with China first and foremost as “a threat to be confronted”. Rather, a clear two-thirds majority see it as “a complex relationship to be managed”.

    Albanese is also regarded as more competent than his opposition counterpart in handling Australia’s foreign policy generally – and better at managing the China relationship specifically.

    The prime minister’s Chinese hosts also have an incentive to ensure his visit is a successful one.

    In the past fortnight, China’s ambassador in Canberra, Xiao Qian, has penned opinion pieces in two of Australia’s biggest media outlets, insisting Australia and China are “friends, not foes” and touting the “comprehensive turnaround” in bilateral ties since Labor won government in May 2022.

    Beijing and Washington view each other as their geopolitical priority. Beijing can make it harder for Washington to enlist security allies such as Canberra in this rivalry by maintaining its own strong and constructive bilateral ties with Australia.

    And quite apart from the competition with the US, China relied on Australia last year as its fifth largest import source.

    Plenty of complaints

    None of this is to say Albanese’s visit will be easy, because Australia-China relations are rarely smooth.

    Canberra continues to have many complaints about China’s international behaviour.

    For example, Foreign Minister Penny Wong recently signed a joint statement with her counterparts in Washington, Tokyo and New Delhi expressing “serious concerns regarding dangerous and provocative actions” by China in the East and South China Seas, and the “abrupt constriction […] of key supply chains”.

    Wong has also said the government remains “appalled” by the treatment of Australians imprisoned in China, including Dr Yang Jun, who is facing espionage charges he strongly denies.

    Defence Minister Richard Marles has voiced Canberra’s alarm at Beijing’s “no limits agreement” with Moscow, and claimed China has

    engaged in the biggest conventional military build-up since the end of the second world war.

    However, this assessment is contested by independent Australian analysts.

    Beijing also has plenty of complaints. They include Canberra’s ongoing pursuit of closer military cooperation with the US and UK through the AUKUS pact.

    There is also the commitment to forcing the sale of the lease to operate the Port of Darwin that is currently held by a Chinese company.

    Reliable trading partner

    Albanese has already made clear his visit to China will have a strong economic focus.

    While grappling with security challenges, any Australian government, Labor or Coalition, must face the reality that last year, local companies sold more to China – worth A$196 billion – than our next four largest markets combined.

    China is also, by far, Australia’s biggest supplier, putting downward pressure on the cost of living.

    Research produced by Curtin University, commissioned by the Australia-China Business Council, finds trade with China increases disposable income of the average Australian household by $2,600, or 4.6% per person.

    In an ideal world, Australia would have a more diversified trading mix.

    But again, any Australian government or business must grapple with the reality that obvious major alternative markets, like the US, are not only less interested in local goods and services, but are walking away from their past trade commitments.

    Under the Australia-US Free Trade Agreement signed two decades ago, Australian exporters selling to the US faced an average tariff of just 0.1%. But nowadays Washington applies a baseline tariff of 10% on most Australian imports.

    Meanwhile, owing to the China-Australia Free Trade Agreement struck in 2015, Beijing applies an average tariff of just 1.1%.

    No wonder more Australians now say China is a more reliable trading partner than the US.

    This also explains Alabese’s response when he was asked in April if he would support Trump’s trade war against China:

    It would be extraordinary if the Australian response was “thank you” and we will help to further hurt our economy

    Likewise, Trade Minister Don Farrell is adamant Australia’s interests will determine the Albanese government’s choices, not “what the Americans may or may not want”.

    We don’t want to do less business with China, we want to do more business with China.

    Deeper trade ties with Asia, including China, are not just about making a buck. Wong has stressed the national security implications of a strong economic relationship:

    [It is] an investment in our security. Stability and prosperity are mutually reinforcing.

    All of this means Albanese’s six-day visit to China is shaping up to be time well spent.

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

    ref. Albanese’s China mission – managing a complex relationship in a world of shifting alliances – https://theconversation.com/albaneses-china-mission-managing-a-complex-relationship-in-a-world-of-shifting-alliances-260404

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Does AI actually boost productivity? The evidence is murky

    Source: The Conversation (Au and NZ) – By Jon Whittle, Director, Data61, CSIRO

    Roman Samborskyi/Shutterstock

    There’s been much talk recently – especially among politicians – about productivity. And for good reason: Australia’s labour productivity growth sits at a 60-year low.

    To address this, Prime Minister Anthony Albanese has convened a productivity round table next month. This will coincide with the release of an interim report from the Productivity Commission, which is looking at five pillars of reform. One of these is the role of data and digital technologies, including artificial intelligence (AI).

    This will be music to the ears of the tech and business sectors, which have been enthusiastically promoting the productivity benefits of AI. In fact, the Business Council of Australia also said last month that AI is the single greatest opportunity in a generation to lift productivity.

    But what do we really know about how AI impacts productivity?

    What is productivity?

    Put simply, productivity is how much output (goods and services) we can produce from a given amount of inputs (such as labour and raw materials). It matters because higher productivity typically translates to a higher standard of living. Productivity growth has accounted for 80% of Australia’s income growth over the past three decades.

    Productivity can be thought of as individual, organisational or national.

    Your individual productivity is how efficiently you manage your time and resources to complete tasks. How many emails can you respond to in an hour? How many products can you check for defects in a day?

    Organisational productivity is how well an organisation achieves its goals. For example, in a research organisation, how many top-quality research papers are produced?

    National productivity is the economic efficiency of a nation, often measured as gross domestic product per hour worked. It is effectively an aggregate of the other forms. But it’s notoriously difficult to track how changes in individual or organisational productivity translate into national GDP per hour worked.

    AI and individual productivity

    The nascent research examining the relationship between AI and individual productivity shows mixed results.

    A 2025 real-world study of AI and productivity involved 776 experienced product professionals at US multinational company Procter & Gamble. The study showed that individuals randomly assigned to use AI performed as well as a team of two without. A similar study in 2023 with 750 consultants from Boston Consulting Group found tasks were 18% faster with generative AI.

    A 2023 paper reported on an early generative AI system in a Fortune 500 software company used by 5,200 customer support agents. The system showed a 14% increase in the number of issues resolved per hour. For less experienced agents, productivity increased by 35%.

    But AI doesn’t always increase individual productivity.

    A survey of 2,500 professionals found generative AI actually increased workload for 77% of workers. Some 47% said they didn’t know how to unlock productivity benefits. The study points to barriers such as the need to verify and/or correct AI outputs, the need for AI upskilling, and unreasonable expectations about what AI can do.

    A recent CSIRO study examined the daily use of Microsoft 365 Copilot by 300 employees of a government organisation. While the majority self-reported productivity benefits, a sizeable minority (30%) did not. Even those workers who reported productivity improvements expected greater productivity benefits than were delivered.

    AI and organisational productivity

    It’s difficult, if not impossible, to attribute changes in an organisation’s productivity to the introduction of AI. Businesses are sensitive to many social and organisational factors, any one of which could be the reason for a change in productivity.

    Nevertheless, the Organisation for Economic Co-operation and Development (OECD) has estimated the productivity benefits of traditional AI – that is, machine learning applied for an industry-specific task – to be zero to 11% at the organisational level.

    A 2024 summary paper cites independent studies showing increases in organisational productivity from AI in Germany, Italy and Taiwan.

    In contrast, a 2022 analysis of 300,000 US firms didn’t find a significant correlation between AI adoption and productivity, but did for other technologies such as robotics and cloud computing. Likely explanations are that AI hasn’t yet had an effect on many firms, or simply that it’s too hard to disentangle the impact of AI given it’s never applied in isolation.

    AI productivity increases can also sometimes be masked by additional human labour needed to train or operate AI systems. Take Amazon’s Just Walk Out technology for shops.

    Publicly launched in 2018, it was intended to reduce labour as customer purchases would be fully automated. But it reportedly relied on hiring around 1,000 workers in India for quality control. Amazon has labelled these reports “erroneous”.

    More generally, think about the unknown number (but likely millions) of people paid to label data for AI models.

    AI and national productivity

    The picture at a national level is even murkier.

    Clearly, AI hasn’t yet impacted national productivity. It can be argued that technology developments take time to affect national productivity, as companies need to figure out how to use the technology and put the necessary infrastructure and skills in place.

    However, this is not guaranteed. For example, while there is consensus that the internet led to productivity improvements, the effects of mobile phones and social media are more contested, and their impacts are more apparent in some industries (such as entertainment) than others.

    Productivity isn’t just doing things faster

    The common narrative around AI and productivity is that AI automates mundane tasks, making us faster at doing things and giving us more time for creative pursuits. This, however, is a naive view of how work happens.

    Just because you can deal with your inbox more quickly doesn’t mean you’ll spend your afternoon on the beach. The more emails you fire off, the more you’ll receive back, and the never-ending cycle continues.

    Faster isn’t always better. Sometimes, we need to slow down to be more productive. That’s when great ideas happen.

    Imagine a world in which AI isn’t simply about speeding up tasks but proactively slows us down, to give us space to be more innovative, and more productive. That’s the real untapped opportunity with AI.

    Jon Whittle works at CSIRO which receives R&D funding from a wide range of government and industry clients.

    ref. Does AI actually boost productivity? The evidence is murky – https://theconversation.com/does-ai-actually-boost-productivity-the-evidence-is-murky-260690

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: Enact to Host Second Quarter 2025 Earnings Call July 31st

    Source: GlobeNewswire (MIL-OSI)

    RALEIGH, N.C., July 10, 2025 (GLOBE NEWSWIRE) — Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its second quarter earnings release after the market closes on July 30, 2025. Enact will host a conference call to review second quarter 2025 financial results on July 31, 2025 at 8:00 a.m. (ET).

    Enact’s earnings release, summary presentation and financial supplement will be available through the company’s website, https://ir.enactmi.com/, at the time of their release to the public.

    Participants interested in joining the call’s live question and answer session are required to pre-register by clicking here to obtain a dial-in number and unique PIN. It is recommended to join at least 15 minutes in advance, although you may register ahead of the call and dial in at any time during the call. If you wish to join the call but do not plan to ask questions, a live webcast of the event will be available on our website, https://ir.enactmi.com/news-and-events/events.

    The webcast also will be archived on the company’s website for one year.

    About Enact Holdings, Inc.
    Enact (Nasdaq: ACT), operating principally through its wholly-owned subsidiary Enact Mortgage Insurance Corporation since 1981, is a leading U.S. private mortgage insurance provider committed to helping more people achieve the dream of homeownership. Building on a deep understanding of lenders’ businesses and a legacy of financial strength, we partner with lenders to bring best-in class service, leading underwriting expertise, and extensive risk and capital management to the mortgage process, helping to put more people in homes and keep them there. By empowering customers and their borrowers, Enact seeks to positively impact the lives of those in the communities in which it serves in a sustainable way. Enact is headquartered in Raleigh, North Carolina.

    This press release was published by a CLEAR® Verified individual.

    The MIL Network

  • MIL-OSI: Glacier Bancorp, Inc. Announces Second Quarter Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    KALISPELL, Mont., July 10, 2025 (GLOBE NEWSWIRE) — Glacier Bancorp, Inc. (NYSE: GBCI) will report second quarter financial results after the market closes on July 24, 2025. A conference call for investors is scheduled for 11:00 a.m. Eastern Time on Friday, July 25, 2025.

    Please note that our conference call host no longer offers a general dial-in number.

    Investors who would like to join the call may now register by following this link to obtain dial-in instructions: https://register-conf.media-server.com/register/BI39099c48cd94493cadee5c8f4fe748e5

    To participate via the webcast, log on to: https://edge.media-server.com/mmc/p/zusost57

    If you are unable to participate during the live webcast, the call will be archived on our website, www.glacierbancorp.com.

    Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank divisions: Altabank (American Fork, UT) Bank of the San Juans (Durango, CO), Citizens Community Bank (Pocatello, ID), Collegiate Peaks Bank (Buena Vista, CO), First Bank of Montana (Lewistown, MT), First Bank of Wyoming (Powell, WY), First Community Bank Utah (Layton, UT), First Security Bank (Bozeman, MT), First Security Bank of Missoula (Missoula, MT), First State Bank (Wheatland, WY), Glacier Bank (Kalispell, MT), Heritage Bank of Nevada (Reno, NV), Mountain West Bank (Coeur d’Alene, ID), The Foothills Bank (Yuma, AZ), Valley Bank (Helena, MT), Western Security Bank (Billings, MT), and Wheatland Bank (Spokane, WA).

    CONTACT:
    Randall M. Chesler, CEO
    (406) 751-4722
    Ron J. Copher, CFO
    (406) 751-7706

    The MIL Network

  • MIL-OSI: Midland States Bancorp, Inc. to Announce Second Quarter 2025 Financial Results on Thursday, July 24

    Source: GlobeNewswire (MIL-OSI)

    EFFINGHAM, Ill., July 10, 2025 (GLOBE NEWSWIRE) — Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its second quarter 2025 financial results after market close on Thursday, July 24, 2025. Along with the press release announcing the financial results, the Company will publish an investor presentation that will be available on the Webcasts and Presentations page of its investor relations website.

    About Midland States Bancorp, Inc.

    Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of March 31, 2025, the Company had total assets of approximately $7.28 billion, and its Wealth Management Group had assets under administration of approximately $4.10 billion. The Company provides a full range of commercial and consumer banking products and services and business equipment financing, merchant credit card services, trust and investment management, insurance and financial planning services. For additional information, visit https://www.midlandsb.com/ or https://www.linkedin.com/company/midland-states-bank.

    CONTACTS:
    Eric T. Lemke, Chief Financial Officer, at elemke@midlandsb.com or (217) 342-7321

    The MIL Network

  • MIL-Evening Report: Will my private health insurance cover my surgery? What if my claim is rejected?

    Source: The Conversation (Au and NZ) – By Yuting Zhang, Professor of Health Economics, The University of Melbourne

    shurkin_son/Shutterstock

    The Australian Competition & Consumer Commission (ACCC) has fined Bupa A$35 million for unlawfully rejecting thousands of health insurance claims over more than five years.

    Between May 2018 and August 2023 Bupa incorrectly rejected claims from patients who had multiple medical procedures, with at least one of those procedures covered under their health insurance policy.

    Instead of paying the portion of the treatment that was covered, Bupa’s automated systems wrongly rejected the entire claim.

    Bupa admitted these errors were due to system problems and poor staff guidance, and has started to recompensate members.

    So you may be worried whether your private health insurance will cover you for the procedures you need.

    Here’s what you need to know about the different types of hospital cover. And if your claim is rejected, what to do next.

    From basic to gold

    As of March 2025, 45.3% of Australians have private health insurance for hospital cover. There are four tiers: basic, bronze, silver and gold.

    Each tier has a minimum set of “clinical categories”. These are groups of hospital treatments that must be covered.

    For example, basic hospital cover only has three mandatory inclusions: rehabilitation, hospital psychiatric services and palliative care. But this is “restricted” cover, meaning patients will often still have to pay substantial out-of-pocket costs for these services.

    Basic cover is entry-level cover, mainly for people who want to avoid the Lifetime Health Cover loading and the Medicare Levy Surcharge. These are both ways of encouraging people to take up private health insurance while young and keeping it, especially people on higher incomes.

    At the other end of the scale is gold cover, which includes unrestricted cover for all defined clinical categories, including pregnancy and birth.

    You can generally change your level of cover at any time. When you upgrade to include new services or increase benefits for existing services, you will need to serve new waiting periods for those new or increased benefits.

    A common waiting period is 12 months for pre-existing conditions (any ailment, illness or condition that you had signs or symptoms of during the six months before upgrading, even if undiagnosed), and for pregnancy and birth-related services. But there is generally only a two-month waiting period for psychiatric care, rehabilitation or palliative care, even if it’s for a pre-existing condition.

    It’s a good idea to review your policy every two years because your health needs and financial circumstances can change.

    How much do companies pay out?

    The proportion of premiums that are paid out to cover medical claims is known as the “average payout ratio”. And this has been about 84–86% over most of the past 20 years.

    This does not mean your health insurer will pay out 84–86% of your individual claim. This national average accounts for the percentage of all premiums in any one year, across all insurers, that’s paid out in claims.

    The payout ratios vary by insurer and are slightly higher for not-for-profit health insurers than for-profit insurers.

    That’s because for-profit health insurers have pressure to deliver profits to shareholders and have incentives to minimise payouts and control costs.

    If not properly managed, these incentives may result in higher out-of-pocket expenses and denied claims.

    Why has my claim been rejected?

    Common reasons for claims to be rejected include:

    • the policy excluded or restricted the clinical category

    • the waiting period was not served

    • incorrect information (for example, a doctor billed an incorrect item number)

    • what’s known as “mixed coverage” (as in the Bupa scandal), where not everything in a claim is covered, but the entire claim is declined.

    What if I think there’s an error?

    If your health insurance company refuses your claim, you can request a detailed explanation in writing.

    If you believe your claim has been incorrectly denied, you can make a formal complaint directly with the insurer. For this you need to check your policy documents, and gather supporting evidence. This may include detailed invoices, medical reports, referral letters and correct item numbers.

    If you are not satisfied with the outcome of the health fund’s internal review, or the fund doesn’t respond with the specific time-frame (for instance, 30–45 days), you can escalate your complaint.

    You can get in touch with the Commonwealth Ombudsman (phone: 1300 362 072). This provides a free, independent complaint handling service for a range of consumer issues, including health insurance.

    Bupa customers concerned about a “mixed coverage” claim can contact the company directly.

    What can governments do?

    The Bupa scandal, along with ongoing concerns about transparency and rising out-of-pocket costs, highlights the need for policy reforms to better protect consumers.

    The government should require health insurers and health-care providers to give clear estimates of all potential out-of-pocket costs for a procedure before it happens. This would avoid unexpected bills and help consumers make informed decisions about their health care.

    The government could also let the ACCC or the Australian Prudential Regulation Authority conduct regular, independent audits of insurers’ claims systems and practices.

    Yuting Zhang has received funding from the Australian Research Council (future fellowship project ID FT200100630), Department of Veterans’ Affairs, the Victorian Department of Health, National Health and Medical Research Council and Eastern Melbourne Primary Health Network. In the past, Professor Zhang has received funding from several US institutes including the US National Institutes of Health, Commonwealth fund, Agency for Healthcare Research and Quality, and Robert Wood Johnson Foundation. She has not received funding from for-profit industry including the private health insurance industry.

    ref. Will my private health insurance cover my surgery? What if my claim is rejected? – https://theconversation.com/will-my-private-health-insurance-cover-my-surgery-what-if-my-claim-is-rejected-260702

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: SPC Tornado Watch 501

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL1

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Tornado Watch Number 501
    NWS Storm Prediction Center Norman OK
    310 PM CDT Thu Jul 10 2025

    The NWS Storm Prediction Center has issued a

    * Tornado Watch for portions of
    Far Western Iowa
    Northeast Nebraska
    Extreme Southeast South Dakota

    * Effective this Thursday afternoon and evening from 310 PM until
    1000 PM CDT.

    * Primary threats include…
    A couple tornadoes possible
    Scattered damaging winds and isolated significant gusts to 80
    mph likely
    Scattered large hail and isolated very large hail events to 2
    inches in diameter likely

    SUMMARY…Thunderstorm development is anticipated within the very
    unstable airmass across central/northeast NE this afternoon.
    Environmental conditions support initial supercells capable of all
    severe hazards, including large to very large hail and tornadoes.
    Upscale growth is anticipated after the initial cellular mode, with
    the resultant convective line progressing quickly eastward. Strong
    wind gusts are possible within this line, including gusts over 75
    mph.

    The tornado watch area is approximately along and 75 statute miles
    north and south of a line from 5 miles north northwest of Broken Bow
    NE to 10 miles east of Denison IA. For a complete depiction of the
    watch see the associated watch outline update (WOUS64 KWNS WOU1).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

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

    &&

    AVIATION…Tornadoes and a few severe thunderstorms with hail
    surface and aloft to 2 inches. Extreme turbulence and surface wind
    gusts to 70 knots. A few cumulonimbi with maximum tops to 500. Mean
    storm motion vector 27035.

    …Mosier

    SEL1

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Tornado Watch Number 501
    NWS Storm Prediction Center Norman OK
    310 PM CDT Thu Jul 10 2025

    The NWS Storm Prediction Center has issued a

    * Tornado Watch for portions of
    Far Western Iowa
    Northeast Nebraska
    Extreme Southeast South Dakota

    * Effective this Thursday afternoon and evening from 310 PM until
    1000 PM CDT.

    * Primary threats include…
    A couple tornadoes possible
    Scattered damaging winds and isolated significant gusts to 80
    mph likely
    Scattered large hail and isolated very large hail events to 2
    inches in diameter likely

    SUMMARY…Thunderstorm development is anticipated within the very
    unstable airmass across central/northeast NE this afternoon.
    Environmental conditions support initial supercells capable of all
    severe hazards, including large to very large hail and tornadoes.
    Upscale growth is anticipated after the initial cellular mode, with
    the resultant convective line progressing quickly eastward. Strong
    wind gusts are possible within this line, including gusts over 75
    mph.

    The tornado watch area is approximately along and 75 statute miles
    north and south of a line from 5 miles north northwest of Broken Bow
    NE to 10 miles east of Denison IA. For a complete depiction of the
    watch see the associated watch outline update (WOUS64 KWNS WOU1).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

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

    &&

    AVIATION…Tornadoes and a few severe thunderstorms with hail
    surface and aloft to 2 inches. Extreme turbulence and surface wind
    gusts to 70 knots. A few cumulonimbi with maximum tops to 500. Mean
    storm motion vector 27035.

    …Mosier

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW1
    WW 501 TORNADO IA NE SD 102010Z – 110300Z
    AXIS..75 STATUTE MILES NORTH AND SOUTH OF LINE..
    5NNW BBW/BROKEN BOW NE/ – 10E DNS/DENISON IA/
    ..AVIATION COORDS.. 65NM N/S /52ENE LBF – 55NNE OVR/
    HAIL SURFACE AND ALOFT..2 INCHES. WIND GUSTS..70 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 27035.

    LAT…LON 42589967 43079519 40899519 40419967

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU1.

    Watch 501 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Mod (40%)

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

    Low (20%)

    Wind

    Probability of 10 or more severe wind events

    Mod (60%)

    Probability of 1 or more wind events > 65 knots

    Mod (60%)

    Hail

    Probability of 10 or more severe hail events

    Mod (60%)

    Probability of 1 or more hailstones > 2 inches

    Mod (60%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (>95%)

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

    MIL OSI USA News

  • MIL-OSI Canada: New Fine for Illegal Parking in Some Hospital Lots in Halifax

    Source: Government of Canada regional news

    Drivers who park illegally in Queen Elizabeth II Health Sciences Centre (Halifax Infirmary and Victoria General sites) and IWK Health Centre parking lots can be fined $500 starting today, July 10.

    “Free on-site parking at health facilities is for patients, visitors and authorized staff. We want to discourage drivers from parking at these sites without a valid reason and crowding out legitimate users,” said Michelle Thompson, Minister of Health and Wellness. “We hope this step will be a strong deterrent for anyone considering parking at a hospital or healthcare facility who is not seeking or providing care.”

    The Province has created new regulations under the Motor Vehicle Act that allow parking enforcement officers to issue tickets to drivers of vehicles parked illegally in designated hospital parking lots in Halifax.

    The Health Authority Parking Lots Pilot Project Regulations:

    • impose a fine of $500 for parking in specific hospital parking lots if not attending a Queen Elizabeth II or IWK facility
    • list authorized users, including patients, healthcare providers, health authority employees, visitors, volunteers and service providers
    • list documents that can be used to show the person is properly parking in the lot (e.g. a health authority exit pass, health authority ID, etc.).

    Parking tickets will be issued by a peace officer or a special constable. Both health authorities – Nova Scotia Health and IWK Health – will have special constables authorized to issue parking tickets.


    Quick Facts:

    • the ticket amount is $536.60, but will be reduced to $500 if it is paid during the first 60 days after it is issued, in accordance with the Summary Offence Tickets Regulations
    • the QEII Health Sciences Centre includes buildings on two sites in Halifax – the Halifax Infirmary site includes Camp Hill Veterans Memorial, Abbie J. Lane Memorial and the Halifax Infirmary; the Victoria General site includes the Nova Scotia Rehabilitation Centre, the Centre for Clinical Research, and the Bethune, Mackenzie, Dickson, Victoria and Centennial buildings

    Additional Resources:

    Health Authority Parking Lots Pilot Project Regulations: https://novascotia.ca/just/regulations/regs/2025-129.pdf

    News release – Free Parking at Hospitals, Healthcare Facilities: https://news.novascotia.ca/en/2025/04/30/free-parking-hospitals-healthcare-facilities


    Other than cropping, Province of Nova Scotia photos are not to be altered in any way.

    MIL OSI Canada News

  • MIL-OSI: Northfield Capital Completes Acquisition of Additional Interest in Juno Corp. and Issuance of Class B Multiple Voting Shares

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to U.S. Newswire Services or for release, publication, distribution or dissemination directly or indirectly, in whole or in part, in or into the United States.

    TORONTO, July 10, 2025 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“Northfield” or the “Company”) is pleased to announce that it has completed its previously announced transaction (the “Juno Share Acquisition”) to acquire an aggregate of 5,123,044 common shares (“Juno Shares”) of Juno Corp. (“Juno”), in accordance with the terms of the share purchase agreements entered into with five shareholders of Juno. In consideration for the Juno Shares acquired, the Company issued to such shareholders an aggregate of 3,725,848 class A restricted voting shares in the capital of the Company (the “Class A Shares”). The Company also announces that it has issued an aggregate of 4,968 Class B multiple voting shares of the Company (the “Class B Shares”) to Mr. Robert Cudney, the President, Chief Executive Officer and a director of the Company, on a non-brokered private placement basis at a price of $6.00 per Class B Share, for aggregate gross proceeds of $29,808‬ (the “Class B Share Issue”).

    For further details of the Juno Share Acquisition and the Class B Share Issue (together, the “Transactions”), please refer to the Company’s news release dated May 27, 2025.

    As a result of the share acquisition announced today, Northfield’s ownership interest in Juno increases from 16.8% to approximately 24%.

    About Juno Corp.

    Juno is a private Ontario-based exploration company and the largest mineral claimholder in the Ring of Fire, controlling over 4,600 km²— representing more than 55% of the district’s mineral claims. Juno’s 2025 exploration campaign is underway, with further drilling and data analytics aimed at expanding known mineralized zones and unlocking new targets. Backed by a strong treasury, experienced leadership, and established relationships with First Nations communities, Juno is uniquely positioned to lead the next generation of mineral exploration in the Ring of Fire.

    Class B Share Issue

    The Class B Share Issue was completed in order for Mr. Cudney to maintain his pro rata voting interest in respect of the Class B Shares following the completion of the Juno Share Acquisition and the Company’s previously completed acquisition of all of the shares of Northfield Aviation Group Inc. (as announced in the Company’s news releases of May 5, 2025 and May 27, 2025). The Class B Shares were issued in accordance with the resolutions of the shareholders of the Company passed at the meeting of shareholders of the Company held in December 1986, which authorized the board of directors of the Company (the “Board”) to issue additional Class B Shares to Mr. Cudney at an issue price equal to the market price of the Class A restricted voting shares of the Company on the day before the Board approves such issuance. The Class B Shares issued to Mr. Cudney are subject to a hold period of four months plus one day from the date of closing of the Class B Share Issue.

    Early Warning Disclosure

    Mr. Cudney, an insider of the Company and an individual with beneficial ownership of, or control or direction over, securities of the Company carrying more than 10% of the voting rights attached to all the outstanding voting securities of the Company, participated in (i) the Juno Share Acquisition as a vendor and sold and transferred to the Company an aggregate of 1,798,044 Juno Shares (in consideration for which, the Company issued to Mr. Cudney an aggregate of 1,307,668 Class A Shares), and (ii) acquired an aggregate of 4,968 Class B Shares pursuant to the Class B Share Issue.

    Immediately prior to the closing of the Transactions (the “Closing”), Mr. Cudney beneficially owned and exercised control and direction over an aggregate of 3,923,010 Class A Shares (of which an aggregate of 2,428,280 Class A Shares were owned by Mr. Cudney directly and an aggregate of 1,494,730 Class A Shares were owned by Cudney Stables Inc. (“Cudney Stables”), an entity owned by Mr. Cudney), an aggregate of 18,600 Class B Shares, and convertible securities of Northfield entitling Mr. Cudney to acquire an additional 437,500 Class A Shares, representing approximately 27.5% of the issued and outstanding Class A Shares and 100% of the Class B Shares immediately prior to the Closing (or approximately 29.64% of the issued and outstanding Class A Shares, calculated on a partially diluted basis, assuming the exercise of the 437,500 convertible securities only).

    Immediately following the Closing, Mr. Cudney, together with Cudney Stables, beneficially own and exercise control and direction over an aggregate of 5,230,678 Class A Shares (of which an aggregate of 3,735,948 Class A Shares are beneficially owned by Mr. Cudney, and an aggregate of 1,494,730 Class A Shares are beneficially owned by Cudney Stables), an aggregate of 23,568 Class B Shares, and convertible securities entitling Mr. Cudney to acquire an additional 437,500 Class A Shares, representing approximately 29.1% of the issued and outstanding Class A Shares and 100% of the Class B Shares on Closing (or approximately 30.7% of the issued and outstanding Class A Shares on Closing, calculated on a partially diluted basis, assuming the exercise of the 437,500 convertible securities only).

    The Class A Shares acquired pursuant to the Juno Share Acquisition were not acquired through the facilities of any marketplace for the Company’s securities. Mr. Cudney may increase or decrease his investments in the Company at any time, or continue to maintain his current investment position, depending on market conditions or any other relevant factor. The Class A Shares were acquired for aggregate consideration of 1,798,044 Juno Shares held by Mr. Cudney, having a deemed value of C$3.71 per Juno Share or approximately C$6,669,108.65 in the aggregate, pursuant to the exemption contained in Section 2.16 of National Instrument 45-106 – Prospectus Exemptions (the take-over bid and issuer bid transaction exemption).

    This portion of this news release is issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires an early warning report to be filed on the System for Electronic Document Analysis and Retrieval+ (“SEDAR+”), accessible at www.sedarplus.ca, containing additional information with respect to the foregoing matters. A copy of the related early warning report may be obtained, following its filing, on the Company’s SEDAR+ profile or by contacting the Company at 141 Adelaide Street West, Suite 301, Toronto, Ontario M5H 3L5, Attention: Michael Leskovec, Chief Financial Officer, Northfield Capital Corporation, Tel: (416) 628-5940.

    About Northfield Capital Corporation

    Northfield Capital Corporation is a publicly traded, leading Canadian investment firm with deep roots in resources, mining, aviation, and premium alcoholic beverages. Founded in 1981 by Robert D. Cudney, Northfield combines decades of experience with forward-thinking strategies to unlock opportunities across its diverse portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada. For more information, visit www.northfieldcapital.com.

    For further information, please contact:

    Michael G. Leskovec, CPA, CA
    Chief Financial Officer
    Telephone: (416) 628-5940

    Forward-Looking Information and Other Disclaimers

    This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws including, but not limited to, statements with respect to Mr. Cudney’s intentions with respect to his current and future investments in the Company, and Juno’s 2025 exploration campaign and its exploration in the Ring of Fire (and expectations with respect thereto). The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information. Forward-looking information is based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information are based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct.

    Since forward-looking information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors which could materially affect such forward-looking information are described in the risk factors in the Company’s most recent annual management’s discussion and analysis that is available on the Company’s profile on SEDAR+ at www.sedarplus.ca. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking information included in this news release are expressly qualified by this cautionary statement. The forward-looking information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

    The securities offered will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent a registration statement or an applicable exemption from the registration requirements. The news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

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

    The MIL Network

  • MIL-OSI: Northfield Capital Completes Acquisition of Additional Interest in Juno Corp. and Issuance of Class B Multiple Voting Shares

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to U.S. Newswire Services or for release, publication, distribution or dissemination directly or indirectly, in whole or in part, in or into the United States.

    TORONTO, July 10, 2025 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“Northfield” or the “Company”) is pleased to announce that it has completed its previously announced transaction (the “Juno Share Acquisition”) to acquire an aggregate of 5,123,044 common shares (“Juno Shares”) of Juno Corp. (“Juno”), in accordance with the terms of the share purchase agreements entered into with five shareholders of Juno. In consideration for the Juno Shares acquired, the Company issued to such shareholders an aggregate of 3,725,848 class A restricted voting shares in the capital of the Company (the “Class A Shares”). The Company also announces that it has issued an aggregate of 4,968 Class B multiple voting shares of the Company (the “Class B Shares”) to Mr. Robert Cudney, the President, Chief Executive Officer and a director of the Company, on a non-brokered private placement basis at a price of $6.00 per Class B Share, for aggregate gross proceeds of $29,808‬ (the “Class B Share Issue”).

    For further details of the Juno Share Acquisition and the Class B Share Issue (together, the “Transactions”), please refer to the Company’s news release dated May 27, 2025.

    As a result of the share acquisition announced today, Northfield’s ownership interest in Juno increases from 16.8% to approximately 24%.

    About Juno Corp.

    Juno is a private Ontario-based exploration company and the largest mineral claimholder in the Ring of Fire, controlling over 4,600 km²— representing more than 55% of the district’s mineral claims. Juno’s 2025 exploration campaign is underway, with further drilling and data analytics aimed at expanding known mineralized zones and unlocking new targets. Backed by a strong treasury, experienced leadership, and established relationships with First Nations communities, Juno is uniquely positioned to lead the next generation of mineral exploration in the Ring of Fire.

    Class B Share Issue

    The Class B Share Issue was completed in order for Mr. Cudney to maintain his pro rata voting interest in respect of the Class B Shares following the completion of the Juno Share Acquisition and the Company’s previously completed acquisition of all of the shares of Northfield Aviation Group Inc. (as announced in the Company’s news releases of May 5, 2025 and May 27, 2025). The Class B Shares were issued in accordance with the resolutions of the shareholders of the Company passed at the meeting of shareholders of the Company held in December 1986, which authorized the board of directors of the Company (the “Board”) to issue additional Class B Shares to Mr. Cudney at an issue price equal to the market price of the Class A restricted voting shares of the Company on the day before the Board approves such issuance. The Class B Shares issued to Mr. Cudney are subject to a hold period of four months plus one day from the date of closing of the Class B Share Issue.

    Early Warning Disclosure

    Mr. Cudney, an insider of the Company and an individual with beneficial ownership of, or control or direction over, securities of the Company carrying more than 10% of the voting rights attached to all the outstanding voting securities of the Company, participated in (i) the Juno Share Acquisition as a vendor and sold and transferred to the Company an aggregate of 1,798,044 Juno Shares (in consideration for which, the Company issued to Mr. Cudney an aggregate of 1,307,668 Class A Shares), and (ii) acquired an aggregate of 4,968 Class B Shares pursuant to the Class B Share Issue.

    Immediately prior to the closing of the Transactions (the “Closing”), Mr. Cudney beneficially owned and exercised control and direction over an aggregate of 3,923,010 Class A Shares (of which an aggregate of 2,428,280 Class A Shares were owned by Mr. Cudney directly and an aggregate of 1,494,730 Class A Shares were owned by Cudney Stables Inc. (“Cudney Stables”), an entity owned by Mr. Cudney), an aggregate of 18,600 Class B Shares, and convertible securities of Northfield entitling Mr. Cudney to acquire an additional 437,500 Class A Shares, representing approximately 27.5% of the issued and outstanding Class A Shares and 100% of the Class B Shares immediately prior to the Closing (or approximately 29.64% of the issued and outstanding Class A Shares, calculated on a partially diluted basis, assuming the exercise of the 437,500 convertible securities only).

    Immediately following the Closing, Mr. Cudney, together with Cudney Stables, beneficially own and exercise control and direction over an aggregate of 5,230,678 Class A Shares (of which an aggregate of 3,735,948 Class A Shares are beneficially owned by Mr. Cudney, and an aggregate of 1,494,730 Class A Shares are beneficially owned by Cudney Stables), an aggregate of 23,568 Class B Shares, and convertible securities entitling Mr. Cudney to acquire an additional 437,500 Class A Shares, representing approximately 29.1% of the issued and outstanding Class A Shares and 100% of the Class B Shares on Closing (or approximately 30.7% of the issued and outstanding Class A Shares on Closing, calculated on a partially diluted basis, assuming the exercise of the 437,500 convertible securities only).

    The Class A Shares acquired pursuant to the Juno Share Acquisition were not acquired through the facilities of any marketplace for the Company’s securities. Mr. Cudney may increase or decrease his investments in the Company at any time, or continue to maintain his current investment position, depending on market conditions or any other relevant factor. The Class A Shares were acquired for aggregate consideration of 1,798,044 Juno Shares held by Mr. Cudney, having a deemed value of C$3.71 per Juno Share or approximately C$6,669,108.65 in the aggregate, pursuant to the exemption contained in Section 2.16 of National Instrument 45-106 – Prospectus Exemptions (the take-over bid and issuer bid transaction exemption).

    This portion of this news release is issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires an early warning report to be filed on the System for Electronic Document Analysis and Retrieval+ (“SEDAR+”), accessible at www.sedarplus.ca, containing additional information with respect to the foregoing matters. A copy of the related early warning report may be obtained, following its filing, on the Company’s SEDAR+ profile or by contacting the Company at 141 Adelaide Street West, Suite 301, Toronto, Ontario M5H 3L5, Attention: Michael Leskovec, Chief Financial Officer, Northfield Capital Corporation, Tel: (416) 628-5940.

    About Northfield Capital Corporation

    Northfield Capital Corporation is a publicly traded, leading Canadian investment firm with deep roots in resources, mining, aviation, and premium alcoholic beverages. Founded in 1981 by Robert D. Cudney, Northfield combines decades of experience with forward-thinking strategies to unlock opportunities across its diverse portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada. For more information, visit www.northfieldcapital.com.

    For further information, please contact:

    Michael G. Leskovec, CPA, CA
    Chief Financial Officer
    Telephone: (416) 628-5940

    Forward-Looking Information and Other Disclaimers

    This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws including, but not limited to, statements with respect to Mr. Cudney’s intentions with respect to his current and future investments in the Company, and Juno’s 2025 exploration campaign and its exploration in the Ring of Fire (and expectations with respect thereto). The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information. Forward-looking information is based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information are based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct.

    Since forward-looking information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors which could materially affect such forward-looking information are described in the risk factors in the Company’s most recent annual management’s discussion and analysis that is available on the Company’s profile on SEDAR+ at www.sedarplus.ca. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking information included in this news release are expressly qualified by this cautionary statement. The forward-looking information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

    The securities offered will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent a registration statement or an applicable exemption from the registration requirements. The news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

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

    The MIL Network

  • MIL-OSI: ETHRANSACTION Introduces Scalable Cloud Mining Model for Everyday Crypto Enthusiasts

    Source: GlobeNewswire (MIL-OSI)

    LONDON, UK, July 10, 2025 (GLOBE NEWSWIRE) — As Bitcoin surpasses the $110,000 mark and the global cryptocurrency market reaches new milestones, ETHRANSACTION is making digital asset participation more inclusive with its fully automated, AI-driven cloud mining platform. Designed for ease, security, and global accessibility, ETHRANSACTION is changing the way people approach crypto income, without hardware, trading stress, or technical know-how.

    Founded with the mission of making mining accessible to all users, ETHRANSACTION operates as a cloud-based AI mining pool and data center. With over 63% of the crypto market dominated by Bitcoin alone, ETHRANSACTION enables everyday users to participate in mining leading assets like BTC, LTC, and DOGE—all with just a few clicks from a smartphone or browser.

    Why ETHRANSACTION Resonates with Global Users

    What makes ETHRANSACTION stand out in a crowded field is its combination of simplicity, automation, and transparency:

    • No Hardware Required: Users do not need to purchase or manage any mining equipment.
    • One-Click Setup: Easy onboarding from any device—ideal for users of all skill levels.
    • Round-the-Clock Mining: AI optimises performance and selects the most efficient cryptocurrencies to mine in real time.
    • Real-Time Monitoring: Users can track mining output and platform performance via intuitive dashboards.
    • Global Reach: Open to users across all regions, designed to scale with increasing adoption.

    “We believe crypto mining should be inclusive, effortless, and sustainable,” said a company spokesperson. “Our AI-backed infrastructure and clean user experience are built to support both beginners and experienced crypto users looking for a steady, low-friction alternative to trading.”

    Commitment to Security and Reliability

    ETHRANSACTION emphasises safety as a core part of its user experience. All user data is secured with SSL encryption, and the platform maintains a long-standing partnership with Legal & General Insurance Company to provide additional reliability through insurance-backed support.

    The platform also allows users to monitor plan performance and data integrity in real time, supporting full transparency in all operations.

    Built for Flexibility and Everyday Use

    Unlike traditional mining operations or speculative trading platforms, ETHRANSACTION is built to fit into everyday life. Its cloud-first, mobile-compatible approach allows users to activate cloud mining and track progress in just minutes—no complex installations or energy bills involved.

    ETHRANSACTION continues to develop user-centric features, including

    • Seamless mobile integration
    • Scalable participation models
    • Multilingual support for global accessibility
      Enhanced educational tools for new users

    About ETHRANSACTION

    ETHRANSACTION is a global cloud mining platform combining artificial intelligence, automation, and accessibility to provide a secure and intuitive way to mine popular cryptocurrencies. Based on a commitment to transparency and scalability, ETHRANSACTION aims to empower users with low-barrier entry to passive crypto participation, without the volatility or complexities of traditional crypto investments.

    To learn more, visit: https://ethransaction.vip

    Media Contact
    Name: Georgina Godfrey
    Email: info@ethransaction.vip
    Website: https://ethransaction.vip
    Location: London, United Kingdom

    Attachment

    The MIL Network

  • MIL-OSI: ETHRANSACTION Introduces Scalable Cloud Mining Model for Everyday Crypto Enthusiasts

    Source: GlobeNewswire (MIL-OSI)

    LONDON, UK, July 10, 2025 (GLOBE NEWSWIRE) — As Bitcoin surpasses the $110,000 mark and the global cryptocurrency market reaches new milestones, ETHRANSACTION is making digital asset participation more inclusive with its fully automated, AI-driven cloud mining platform. Designed for ease, security, and global accessibility, ETHRANSACTION is changing the way people approach crypto income, without hardware, trading stress, or technical know-how.

    Founded with the mission of making mining accessible to all users, ETHRANSACTION operates as a cloud-based AI mining pool and data center. With over 63% of the crypto market dominated by Bitcoin alone, ETHRANSACTION enables everyday users to participate in mining leading assets like BTC, LTC, and DOGE—all with just a few clicks from a smartphone or browser.

    Why ETHRANSACTION Resonates with Global Users

    What makes ETHRANSACTION stand out in a crowded field is its combination of simplicity, automation, and transparency:

    • No Hardware Required: Users do not need to purchase or manage any mining equipment.
    • One-Click Setup: Easy onboarding from any device—ideal for users of all skill levels.
    • Round-the-Clock Mining: AI optimises performance and selects the most efficient cryptocurrencies to mine in real time.
    • Real-Time Monitoring: Users can track mining output and platform performance via intuitive dashboards.
    • Global Reach: Open to users across all regions, designed to scale with increasing adoption.

    “We believe crypto mining should be inclusive, effortless, and sustainable,” said a company spokesperson. “Our AI-backed infrastructure and clean user experience are built to support both beginners and experienced crypto users looking for a steady, low-friction alternative to trading.”

    Commitment to Security and Reliability

    ETHRANSACTION emphasises safety as a core part of its user experience. All user data is secured with SSL encryption, and the platform maintains a long-standing partnership with Legal & General Insurance Company to provide additional reliability through insurance-backed support.

    The platform also allows users to monitor plan performance and data integrity in real time, supporting full transparency in all operations.

    Built for Flexibility and Everyday Use

    Unlike traditional mining operations or speculative trading platforms, ETHRANSACTION is built to fit into everyday life. Its cloud-first, mobile-compatible approach allows users to activate cloud mining and track progress in just minutes—no complex installations or energy bills involved.

    ETHRANSACTION continues to develop user-centric features, including

    • Seamless mobile integration
    • Scalable participation models
    • Multilingual support for global accessibility
      Enhanced educational tools for new users

    About ETHRANSACTION

    ETHRANSACTION is a global cloud mining platform combining artificial intelligence, automation, and accessibility to provide a secure and intuitive way to mine popular cryptocurrencies. Based on a commitment to transparency and scalability, ETHRANSACTION aims to empower users with low-barrier entry to passive crypto participation, without the volatility or complexities of traditional crypto investments.

    To learn more, visit: https://ethransaction.vip

    Media Contact
    Name: Georgina Godfrey
    Email: info@ethransaction.vip
    Website: https://ethransaction.vip
    Location: London, United Kingdom

    Attachment

    The MIL Network

  • MIL-OSI United Nations: 10 July 2025 Statement Fourth meeting of the International Health Regulations (2005) Emergency Committee regarding the upsurge of mpox 2024

    Source: World Health Organisation

    The Director-General of the World Health Organization (WHO) is hereby transmitting the report of the fourth meeting of the International Health Regulations (2005) (IHR) Emergency Committee (Committee) regarding the upsurge of mpox 2024, held on Thursday, 5 June 2025, from 12:00 to 17:00 CEST.

    Concurring with the advice unanimously expressed by the Committee during the meeting, the WHO Director-General determined that the upsurge of mpox 2024 continues to meet the criteria of a public health emergency of international concern (PHEIC) and, accordingly, on 9 June 2025, issued temporary recommendations to States Parties, available here.  

    The WHO Director-General expresses his most sincere gratitude to the Chair, Members, and Advisors of the Committee.

    ===

    Proceedings of the meeting

    Sixteen (16) Members of, and two Advisors to, the International Health Regulations (2005) (IHR) Emergency Committee (Committee) were convened by teleconference, via Zoom, on Thursday, 5 June 2025, from 12:00 to 17:00 CEST. Fourteen (14) of the 16 Committee Members, and the two Advisors to the Committee participated in the meeting.

    The Director-General of the World Health Organization (WHO) joined in person and welcomed the participants, including Government Officials designated to present their views to the Committee on behalf of the two invited States Parties – Burundi and the Democratic Republic of the Congo (DRC). The opening remarks by the Director-General are available here.

    The Representative of the Office of Legal Counsel then briefed the Members and Advisors on their roles and responsibilities and identified the mandate of the Committee under the relevant articles of the IHR. The Ethics Officer from the Department of Compliance, Risk Management, and Ethics provided the Members and Advisors with an overview of the WHO Declaration of Interests process. The Members and Advisors were made aware of their individual responsibility to disclose to WHO, in a timely manner, any interests of a personal, professional, financial, intellectual or commercial nature that may give rise to a perceived or actual conflict of interest. They were additionally reminded of their duty to maintain the confidentiality of the meeting discussions and the work of the Committee. Each Member and Advisor was surveyed, with no conflicts of interest identified.

    The meeting was handed over to the Chair who introduced the objectives of the meeting, which were to provide views to the WHO Director-General on whether the event continues to constitute a PHEIC, and if so, to provide views on the potential proposed temporary recommendations.

    Session open to representatives of States Parties invited to present their views

    The WHO Secretariat presented an overview of the global epidemiological situation of mpox, including all circulating clades of monkeypox virus (MPXV). Over the past 12 months, the majority of mpox cases have continued to be reported from the African continent, largely driven by outbreaks of MPXV clade Ib in East African countries, including the DRC, where clade Ia is co-circulating. Sierra Leone however is experiencing a rapidly evolving outbreak, which based on available genomic sequencing results, appears to be driven by MPXV clade IIb. Outside of the African region, there continues to be a steady report of monthly cases (between about 500 – 1000 monthly), from all regions, mostly reflecting ongoing circulation of MPXV clade IIb among men who have sex with men (MSM).

    In the DRC, while surveillance- and access to healthcare-related challenges persist, particularly in the eastern part of the country, trends in most Provinces where MPXV clade Ib is circulating, including those of North Kivu and South Kivu, are now appearing to stabilize or decline. Similar trends are also observed in areas endemic for MPXV clade Ia. In the capital Kinshasa, where the upsurge is driven by a co-circulation of MPXV clades Ia and Ib, the disease appears to be clustered geographically and in specific demographic groups, with incidence disproportionately higher among young adults, reflecting dynamics of transmission sustained by sexual networks in key areas of the city.

    In Burundi, a steady decline in incidence of mpox cases has been observed since late 2024. Initially concentrated in and around Bujumbura and later spreading to the administrative capital Gitega, with at its peak cases reported in most districts, the upsurge appears to now be concentrated only in a few hotspots.

    In Uganda, although national trends indicate a decrease in mpox cases since mid-February 2025, including a clear downward trend in the capital Kampala, limitations in testing capacity warrant cautious interpretation. Clusters are concentrated in urban settings, with transmission primarily among young adults, consistent with sexual contact transmission dynamics.

    In Kenya, although the number of mpox cases remains low, recent data suggest an upward trend. Surveillance is likely underestimating the actual incidence of mpox cases. Transmission has been associated with mobile populations, including truck drivers and sex workers.

    Sierra Leone has recently faced a significant upsurge of MPXV clade IIb, with a peak reproduction number in the capital Freetown, exceeding that observed in the past in Kinshasa, DRC, or Kampala, Uganda. Over the past three weeks, the number of observed mpox cases has been declining, possibly due to a combination of, increased natural immunity in high-risk groups and public health interventions. Transmission remains concentrated in urban areas and among young adults, likely to be associated with sexual contact.

    Travel-associated cases are declining but remain a concern. Notably, recent diagnoses of MPXV clade Ib infection in Australia – linked to exposure in Thailand – highlight the risk of undetected transmission in countries or areas with underperforming surveillance. The majority of secondary transmission resulting from imported mpox cases occurs through close, intimate, or sexual contact.

    MPXV clade Ia continues to show higher mortality, especially in children the DRC with a case fatality rate of 2-3%, although data should be interpreted considering, inter alia, the limitation of syndromic surveillance. Across all clades, individuals with underlying immunosuppression, particularly those with HIV infection, remain at greatest risk of severe outcomes and death. The overall case fatality rate for MPXV clade Ib and clade IIb remains around 0.5%.

    The WHO Secretariat presented the assessed risk by MPXV clades and further expressed in terms of overall public health risk where any given clade/s is/are circulating, as: Clade Ib – high public health risk in the DRC and neighbouring countries; Clade Ia – moderate public health risk in the DRC; Clade II – moderate public health risk in Nigeria and countries of West and Central Africa where mpox is endemic; and clade IIb – moderate public health risk globally. It was noted that the above risk assessment corresponds to the one presented during the third meeting of the Committee on 25 February 2025.

    The WHO Secretariat subsequently underscored progress in mpox control efforts, attributing gains to partnerships among national governments, communities, and WHO. However, these are now at risk due to a worsening funding shortfall, not only for the response but for global health programs that support mpox prevention and control activities.

    An updated WHO Mpox Strategic Preparedness and Response Plan (SPRP, available here), covering the period May-August 2025 and integrating lessons from operational reviews conducted in early 2025, was issued in April 2025. While the strategy remains fit for purpose, the funding environment has deteriorated. Despite a $145 million funding requirement to support all partners involved in mpox response efforts, including $47 million for WHO, the Organization has received no new financial commitments since the issuance of the new SPRP, and resource constraints now threaten the sustainability of operations – personnel levels have dropped, and essential supplies, including vaccines, cannot be deployed efficiently.

    WHO has issued updated clinical care and infection prevention and control (IPC) guidance, emphasizing the importance of integrating mpox-related interventions into broader health programs and health services delivery. However, the effective implementation of the guidance remains limited by logistical and financial barriers, and its application at local level requires intensified support. Community-centered care strategies, such as home-based care with IPC integration and linkage to primary care, have been endorsed to alleviate pressure on health facilities.

    Seven countries have initiated mpox vaccination (Central African Republic, DRC, Liberia, Nigeria, Rwanda, Sierra Leone, and Uganda), with four additional countries (Angola, Cote d’Ivoire, Kenya, and South Africa) poised to begin. Vaccine supply exists with 2.9 million vaccine doses in countries, but resource limitations hamper distribution and administration, with only approximately 724,000 doses administered to date. Strengthened coordination is essential to ensure equitable and timely delivery to high-risk populations.

    While recent progress in controlling and responding to the spread of mpox are encouraging, sustainability hinges on urgent and sustained resource mobilization, greater integration within health systems, and continued prioritization of community engagement. Without this, current gains risk being reversed.

    Representatives of Burundi and the DRC updated the Committee on the mpox epidemiological situation in their countries and their current control and response efforts, needs and challenges, and plans in the medium term.

    In Burundi, since the mpox upsurge started in July 2024, cumulatively, approximately 4,000 confirmed cases of mpox, including one death, were observed. The number of cases has been subsiding and, as of 25 May 2025, mpox cases are occurring in 9 districts, including two hotspots. The response in Burundi is focusing on rapid response to alerts and contract tracing. Among the challenges in responding to mpox are insufficient resources to provide food for cases, lack of clean water in some of the hotspots, and the absence of a functional multisectoral One Health platform.

    In the DRC, the number of mpox cases is plateauing, with a significant decrease in positivity rate, further corroborating the declining trends. Outside areas considered to be endemic, adults account for the majority of cases, with sexual contact being the most frequent mode of transmission. Overall, as a result of contact tracing activities, 83,000 contacts were identified, with a median of 5 contacts per case. More than two million mpox vaccine doses were received, with approximately 600,000 people vaccinated to date. Efforts are ongoing to make triage more efficient and effective, and improve diagnostics for mpox, including transport of samples from the affected communities. National authorities have developed a plan to intensify the response to the mpox outbreak, focusing on surveillance, contact tracing, risk communication, and vaccination. However, the funding gap is again impacting response activities, particularly in remote areas.

    Members of, and Advisors to, the Committee then engaged in questions and answers with the presenters from States Parties and the WHO Secretariat, revolving around the issues and challenges enumerated below.

    Global epidemiology, clade distribution, and risk assessment – The global epidemiological risk has remained largely unchanged since the Committee last met on 25 February 2025. However, 17 countries in Africa are currently reporting mpox outbreaks (i.e. one case or more in the last six weeks). MPXV clade Ib continues to spread in high-risk groups and has been newly detected in countries including Ethiopia, Malawi, South Sudan, and Zambia. Sierra Leone is experiencing a distinct outbreak, likely due to MPXV clade IIb according to initial evidence. This outbreak poses a specific local and regional risk and is a reminder of the ongoing risk of mpox outbreaks in specific contexts. The Committee asked about progress made towards the elimination of mpox in the WHO European Region. In that respect, the WHO Secretariat indicated that MPXV clade IIb continues to circulate at low levels, predominantly among MSM. Despite the reduced number of cases, elimination has not been achieved, with persistent transmission linked to gaps in immunity, behavioral risk factors, and communication barriers. Given the patterns of international travel, the risk of reintroduction in the WHO European Region persists.

    Surveillance, laboratory testing, and confidence in data – On the specific question of confidence in trends in the DRC, while there remain many specific challenges to surveillance, stable or decreasing trends observed in syndromic surveillance, epidemiological case-based surveillance and laboratory-based surveillance, coupled with decreases in test positivity, bring some confidence in the robustness of the assessment. Caution is warranted particularly when interpreting current trends in some areas of the Eastern Provinces of the DRC where access remains constrained, although, overall, Eastern DRC had been seeing a sustained decline in reported cases before the more recent security constraints. Concerns were expressed about the possibility of undetected transmission of MPXV in West Africa, including in Ghana and Togo in relation to MPXV clade Ib, as well as in Sierra Leone, in relation to MPXV clade IIb, despite of the declining trajectory of the number of cases after it peaked in early 2025. Concerns were also expressed regarding the need for enhanced genomic sequencing capacity. Burundi was commended for its strong surveillance performance, including its high testing rate and contact follow-up capacity. National laboratory diagnostic approaches generally report adhering to WHO protocols. However, in Sierra Leone, due to the burden of response activities, only 2% of samples positive for MPXV infection (prior to early May 2025) underwent genomic sequencing.he WHO Secretariat continues to support countries experiencing upsurges of mpox cases by providing technical assistance, including facilitating shipment of specimens to national or international laboratories.

    Patterns of transmission – The Committee highlighted that, unlike in most other areas experiencing the MPXV clade Ib outbreaks, an increased number of paediatric mpox cases is observed in the Provinces of North and South Kivu, DRC. While detailed epidemiological data are limited, this age pattern could potentially be explained, inter alia, by the build-up of immunity among adults following sexual exposure, leading to infections due to non-sexual exposure withing households. There have been anecdotical reports of exposure in paediatric healthcare facilities. It was noted that outbreaks of mpox have not otherwise been reported in educational or other settings where children are congregating.

    Contact tracing – Approaches to contact tracing differ across countries. In some settings the absence of systematic tracing and access to diagnostics reduces the effectiveness of overall control actions. The need to optimize public health resource allocation was underscored. This would entail reassessing the feasibility of traditional contact tracing in certain settings, as well as the use of mpox vaccine among identified contacts to reduce secondary transmission.

    Vaccination – As of June 2025, approximately 2.9 million mpox vaccine doses have been distributed across the African continent, the majority to the DRC, which has received about 2.5 million doses. Of these, approximately 600,000 doses have been administered. The remaining 1.9 million doses comprise 1.5 million LC16m8 vaccine doses donated by Japan (not yet deployed as training of health workers is underway) and 367,000 MVA-BN doses. A further 349,000 doses secured by the United Nations Children’s Fund (UNICEF) remain undeployed due to funding shortages. An additional 219,000 MVA-BN doses have been pledged by the Government of the United States of America, pending approval for deployment. Strategies for the use of mpox vaccine have evolved in response to supply constraints and emerging epidemiological trends. In the DRC, since February 2025, approximately105,000 doses have been administered to children under 12 and approximately 56,000 doses to adolescents aged 12 to 18. Additional groups targeted by vaccination efforts in the DRC include healthcare workers, individuals at risk of severe disease – such as people living with HIV – and, in more recent phases, key populations in transmission hotspots, including sex workers, and MSM. In Sierra Leone, the vaccination strategy was initially focused on healthcare and frontline workers and people living with HIV. The focus of vaccination efforts then shifted to hotspots and contacts, sex workers, and MSM within those hotspots. Initially, most countries began with a two-dose regimen; however, the majority have now transitioned to a single-dose approach or are preparing to shift toward intradermal fractional dosing. These dose-sparing strategies were endorsed in the WHO position paper, if vaccine resources were limited, published on 23 August 2024, available here.[1] It was noted that intradermal fractional dosing, where each vial can yield four to five doses, is applicable only to the MVA-BN vaccine and has already been employed in some settings. Overall, the uptake of available vaccines has remained lower than anticipated due to logistical, operational, and financial barriers. Further efforts are needed to optimize the strategic use of available mpox vaccine and maximize its public health impact.

    Mpox and HIV infections and integration of health services – Coinfection with HIV presents significant challenges for health services in the management of mpox, especially in countries with high HIV prevalence. In Kinshasa, DRC, 9.3% of mpox cases are reported to be HIV-positive, though this figure likely underrepresents the true burden due to limited HIV testing and integration of health services. In Uganda, 55% of deaths associated with MPXV infection have occurred among people living with HIV. The importance of co-located testing services and data systems was underscored to capture the dual burden of HIV and mpox more effectively. Reference to WHO technical guidance was made in relation to the use of rapid tests for HIV diagnosis, immediate linkage to care for those who test positive, and protocols for clinical management of coinfected individuals. The needs for improving triage systems and refining clinical diagnostic criteria for mpox were highlighted, with emphasis on the misclassification of dermatological conditions, such as chickenpox. Overall, the integration of health care delivery remains uneven across countries.

    Funding – Funding gaps remain one of the most critical threats to the mpox response. It was noted that, since the launch of the updated SPRP in April 2025, WHO has not received any additional earmarked contributions, resulting in the scaling back of operations, including surveillance, laboratory support, community outreach, and vaccine-related logistics. Serious concerns were expressed regarding the sustainability of key control interventions, including HIV-related, the interruption of which could lead to the intensification of transmission and, hence, limit the ability of public health systems to adapt and respond to changing transmission patterns. However, it was emphasized that lessons should be learned from the experience of Burundi that, despite operating with limited resources, has made substantial progress in controlling the upsurge of mpox, thanks largely to non-pharmaceutical interventions – a combination of sensitive surveillance, effective contact tracing, strong laboratory testing capacity, and decentralized district-level interventions leveraging on community engagement.

    Anticipated scenarios for controlling and responding to mpox – The Committee expressed concerns about the current epidemiological trajectory suggesting that mpox may be moving toward endemicity in some countries, or areas thereof, in the African continent. Although some countries are seeing sustained declining trends, MPXV transmission persists. This is consistent with preliminary modelling work suggesting that the actual case counts may be higher than reported due to diagnostic and surveillance gaps. Such scenario raises concern in terms of future interspersed surges of cases in countries in the African continent, as well as exportation of cases within and beyond the continent. Therefore, the observed epidemiological evolution of mpox since the public health emergency of international concern (PHEIC) was determined in August 2024, requires the development of adequate definitions to describe the pattern of mpox transmission experienced by countries, or areas thereof, and, consequently, assist in setting the goals for control, and guide control and response interventions accordingly. 

    Deliberative session

    Following the session open to invited States Parties, the Committee reconvened in a closed session to examine the questions in relation to whether the event constitutes a PHEIC or not, and if so, to consider the temporary recommendations drafted by the WHO Secretariat in accordance with IHR provisions.

    The Chair reminded the Committee Members of their mandate and recalled that a PHEIC is defined in the IHR as an “extraordinary event, which constitutes a public health risk to other States through the international spread of disease, and potentially requires a coordinated international response”.

    The Committee was unanimous in expressing the views that the ongoing upsurge of mpox still meets the criteria of a PHEIC and that the Director-General be advised accordingly.

    The overarching considerations underpinning the advice of the Committee are determined by (a) challenges in accurately describing the multi-faceted epidemiological patterns and profiles associated with multiple circulating MPXV clades, observed and markedly differing from historical experience with the disease; (b) uncertainties related to funding availability in the immediate and medium term, both, domestically and internationally; and (c) the subsequent challenges in defining public health strategic approaches for controlling and responding to the spread of mpox.

    On that basis, the Committee considered that:

    The event is “extraordinary” because of (i) the emergence and spread of MPXV clade 1b has introduced new uncertainties regarding virus evolution, and the current and foreseeable dynamics of mpox spread; (ii) the establishment of sustained community transmission of MPXV clade I in additional countries in the African continent, without a full appreciation of the factors driving the rapid evolution of the surge of mpox cases; (iii) the disproportionate burden of mpox cases among children, especially in the Eastern Provinces of the DRC, with not yet fully explained dynamics of transmission; and (iv) the persistent challenges integrating health service delivery to mpox patients, due to the likelihood of comorbidities and heightened vulnerability.

    The event “constitutes a public health risk to other States through the international spread of disease” because of (i) sub-optimal surveillance systems in many countries and regions, likely leading to undetected transmission and subsequent spread of MPXV clade I into additional countries in the African continent. Such consideration applies to both countries in West Africa, where MPXV clade I had not previously been identified, but are experiencing significant population movement with central and east African countries where that virus is spreading, as well as to countries outside the African continent (e.g. exported case of MPXV clade Ib infection from Thailand to Australia); and (ii) the continuous exportation of MPXV clade I mpox cases from Africa to other continents, some of which resulting in secondary transmission.

    The event “requires a coordinated international response” because (i) there is a need for concerted efforts by the international community to supplement domestic funding for mpox control and response activities, as well as those of United Agencies, other international institutions and partnerships operational in the field and/or involved in vaccine procurement and related logistics; (ii) access to vaccine, even when available, remains challenging in terms of delivery capacity at the local level; (iii) in the context of limited funding, there is a need to facilitate the exchange of experience between countries, in particular those of countries like Burundi, that despite operating with limited resources, has made substantial progress in controlling the upsurge of mpox through the implementation of non-pharmaceutical interventions; and (iv) there is a need to monitor the spread and phylogenetic evolution of MPXV clades through genetic sequencing, not always available or optimally performing, in countries experiencing upsurges of mpox.

    The Committee subsequently considered the draft of the temporary recommendations proposed by the WHO Secretariat.

    Anticipating the possibility that the WHO Director-General may determine that the event continues to constitute a PHEIC, the Committee had received a proposed set of revised temporary recommendations ahead of the meeting. This reflected the proposal to extend most of the temporary recommendations issued on 27 February 2025. While acknowledging that the standing recommendations for mpox are approaching their expiration (20 August 2025) and could potentially benefit from extension or revision, the Committee reiterated the relevance of the proposed temporary recommendations. However, the Committee emphasized the needs (i) to prioritize temporary recommendations related to non-pharmaceutical interventions, taking into account implementation challenges and successful experiences on the ground; and (ii) to anchor vaccine deployment in evidence-based approaches.

    Conclusions

    Considering the complexity of the epidemiological evolution of the spread of mpox, of the distribution of the MPXV clades, the challenges in implementing efficient and effective control and response interventions, as well as issues raised by the Committee in occasion of their previous meetings, the Committee welcomed the proposal by the WHO Secretariat to hold an informal technical meeting aimed at assisting countries to prioritise response measures adapted to the varied epidemiological contexts, ahead of its next formal meeting should the WHO Director-General determine that the event continues to constitute a PHEIC.

    The Committee agreed to provide its feedback to the WHO Secretariat on the proposed set of temporary recommendations the day after the meeting (i.e. 6 June 2025), and to finalize the report of the meeting during the week of 9 June 2025.

    The Acting Director of the Department of Epidemic and Pandemic Threat Management at WHO headquarters, on behalf of the WHO Deputy Director-General, expressed her gratitude to the Committee’s Officers, its Members and Advisors and closed the meeting.


    References: 

    [1] On 6 June 2025, after the fourth meeting of the Committee, WHO published the Meeting of the Strategic Advisory Group of Experts on Immunization (SAGE), 10-13 March 2025, including a section on mpox vaccine. The report is available here.

    MIL OSI United Nations News

  • MIL-OSI USA: CONGRESSWOMAN PLASKETT ADDRESSES FEDERAL RECONCILIATION BILL IMPACTS AND VIRGIN ISLANDS RECOVERY PRIORITIES

    Source: United States House of Representatives – Congresswoman Stacey E. Plaskett (USVI)

    For Immediate Release                                          Contact: Tionee Scotland
    July 10, 2025                                                           202-808-6129

    PRESS RELEASE

    CONGRESSWOMAN PLASKETT ADDRESSES FEDERAL RECONCILIATION BILL IMPACTS AND VIRGIN ISLANDS RECOVERY PRIORITIES 

    WASHINGTON, D.C. — Congresswoman Stacey E. Plaskett released the following statement on the federal reconciliation bill signed into law by President Trump and its potential impacts on the U.S. Virgin Islands: 

    “Last week President Trump signed into law his tax and spending bill, H.R. 1, which passed the House and Senate narrowly with solely Republican votes and several Republican defections.  While the inclusion of permanent rum cover-over in H.R. 1, the One Big Beautiful Bill Act, represents a major win for the Virgin Islands and Puerto Rico and the culmination of years-long efforts by elected officials and stakeholders, as I have consistently indicated from the beginning of the year, the bill will also bring significant challenges to our territory through cuts to Medicaid, Medicare, SNAP, and other critical programs.

    “My office has reached out to the Legislature of the Virgin Islands and the Government of the Virgin Islands finance team to share our concerns and offer our support as we hope the local government will begin the efforts to prepare for these impacts over the coming years. It will be imperative for the Virgin Islands local government to focus on finding new revenues and act creatively to remedy the impacts of federal cuts locally. This legislation will require us to find additional sources for increasing revenues to the general fund to continue providing support to families—supporting new businesses, jump starting local small businesses and training our own local workforce to support the rebuilding and construction projects that must come online.” 

    Congresswoman Plaskett emphasized the importance of the Government of the Virgin Islands taking advantage of the rebuild to create additional revenue, ancillary businesses and increased workforce.  Doing so means capitalizing on the cost-share waiver granted by the Biden-Harris administration, which has allocated billions of federal dollars for recovery projects across the territory. 

    “Seven years ago, our community’s infrastructure was devasted by Hurricanes Irma and Maria, leaving our critical infrastructure decimated. Out of devastation came the opportunity to transform our territory and rebuild our critical infrastructure in a more resilient manner with profound funding from the federal government. In the Bipartisan Budget Act of 2018, I obtained provisions to allow the Virgin Islands to rebuild critical infrastructure with resilient design and features, up to the latest industry building standards and notwithstanding pre-disaster conditions in the Virgin Islands (the standard that normally applies).

    “That change in law has meant the Government of the Virgin Islands has been allocated billions in federal funding for our schools, hospitals, water systems, power grid, communications infrastructure, and other critical projects. In 2024, the Biden-Harris Administration announced that rebuild projects approved before September 30, 2024, require only a 2 percent local match instead of the original 10 percent, with other projects requiring just 5 percent – projected cost savings for the local government of almost $1.5 billion. This represents an unprecedented opportunity to complete our hurricane recovery while stimulating economic growth. However, the cost share is for a ten-year period.  We must capitalize on this timeframe and utilize this opportunity not only to rebuild our infrastructure but also to attract small businesses and other industries to our territory,” Plaskett added. 

    “Now that the battle for the permanent increased rum cover-over rate of $13.25 is over, we need to focus on two critical areas related to the rum cover over: ensuring the Virgin Islands receives our fair share of worldwide rum cover-over revenue and working with rum companies to understand the utilization of funds for marketing and potentially increase the amount that comes directly to the Virgin Islands Government. Under the Caribbean Basin Initiative (CBI), rum produced outside the Virgin Islands and Puerto Rico and then imported into the US also has a rum cover over that is divided between the two territories.  Under the CBI, that ratio should be based upon the rum produced by each, however there was never a change in ratio made when Diageo came to the Virgin Islands from Puerto Rico.  I previously engaged both the Mapp-Potter and Bryan-Roach Administrations on this issue, and it is my hope that the Bryan Administration will take this matter up so the Virgin Islands will receive its fair share of the cover over. Additionally, we need to ensure the rum companies are utilizing these funds for the maximum benefit for our community.” 

    “While federal cuts will create challenges, we also have untapped resources and underutilized opportunities at our disposal. The key is acting decisively during this critical recovery window while building sustainable economic growth for our future. My team and I remain ready to work with Governor Bryan and his team along with the Legislature of the Virgin Islands to ensure that we can not only weather these changes but emerge stronger.” 

    ### 

    MIL OSI USA News

  • MIL-OSI USA: CONGRESSWOMAN PLASKETT ADDRESSES FEDERAL RECONCILIATION BILL IMPACTS AND VIRGIN ISLANDS RECOVERY PRIORITIES

    Source: United States House of Representatives – Congresswoman Stacey E. Plaskett (USVI)

    For Immediate Release                                          Contact: Tionee Scotland
    July 10, 2025                                                           202-808-6129

    PRESS RELEASE

    CONGRESSWOMAN PLASKETT ADDRESSES FEDERAL RECONCILIATION BILL IMPACTS AND VIRGIN ISLANDS RECOVERY PRIORITIES 

    WASHINGTON, D.C. — Congresswoman Stacey E. Plaskett released the following statement on the federal reconciliation bill signed into law by President Trump and its potential impacts on the U.S. Virgin Islands: 

    “Last week President Trump signed into law his tax and spending bill, H.R. 1, which passed the House and Senate narrowly with solely Republican votes and several Republican defections.  While the inclusion of permanent rum cover-over in H.R. 1, the One Big Beautiful Bill Act, represents a major win for the Virgin Islands and Puerto Rico and the culmination of years-long efforts by elected officials and stakeholders, as I have consistently indicated from the beginning of the year, the bill will also bring significant challenges to our territory through cuts to Medicaid, Medicare, SNAP, and other critical programs.

    “My office has reached out to the Legislature of the Virgin Islands and the Government of the Virgin Islands finance team to share our concerns and offer our support as we hope the local government will begin the efforts to prepare for these impacts over the coming years. It will be imperative for the Virgin Islands local government to focus on finding new revenues and act creatively to remedy the impacts of federal cuts locally. This legislation will require us to find additional sources for increasing revenues to the general fund to continue providing support to families—supporting new businesses, jump starting local small businesses and training our own local workforce to support the rebuilding and construction projects that must come online.” 

    Congresswoman Plaskett emphasized the importance of the Government of the Virgin Islands taking advantage of the rebuild to create additional revenue, ancillary businesses and increased workforce.  Doing so means capitalizing on the cost-share waiver granted by the Biden-Harris administration, which has allocated billions of federal dollars for recovery projects across the territory. 

    “Seven years ago, our community’s infrastructure was devasted by Hurricanes Irma and Maria, leaving our critical infrastructure decimated. Out of devastation came the opportunity to transform our territory and rebuild our critical infrastructure in a more resilient manner with profound funding from the federal government. In the Bipartisan Budget Act of 2018, I obtained provisions to allow the Virgin Islands to rebuild critical infrastructure with resilient design and features, up to the latest industry building standards and notwithstanding pre-disaster conditions in the Virgin Islands (the standard that normally applies).

    “That change in law has meant the Government of the Virgin Islands has been allocated billions in federal funding for our schools, hospitals, water systems, power grid, communications infrastructure, and other critical projects. In 2024, the Biden-Harris Administration announced that rebuild projects approved before September 30, 2024, require only a 2 percent local match instead of the original 10 percent, with other projects requiring just 5 percent – projected cost savings for the local government of almost $1.5 billion. This represents an unprecedented opportunity to complete our hurricane recovery while stimulating economic growth. However, the cost share is for a ten-year period.  We must capitalize on this timeframe and utilize this opportunity not only to rebuild our infrastructure but also to attract small businesses and other industries to our territory,” Plaskett added. 

    “Now that the battle for the permanent increased rum cover-over rate of $13.25 is over, we need to focus on two critical areas related to the rum cover over: ensuring the Virgin Islands receives our fair share of worldwide rum cover-over revenue and working with rum companies to understand the utilization of funds for marketing and potentially increase the amount that comes directly to the Virgin Islands Government. Under the Caribbean Basin Initiative (CBI), rum produced outside the Virgin Islands and Puerto Rico and then imported into the US also has a rum cover over that is divided between the two territories.  Under the CBI, that ratio should be based upon the rum produced by each, however there was never a change in ratio made when Diageo came to the Virgin Islands from Puerto Rico.  I previously engaged both the Mapp-Potter and Bryan-Roach Administrations on this issue, and it is my hope that the Bryan Administration will take this matter up so the Virgin Islands will receive its fair share of the cover over. Additionally, we need to ensure the rum companies are utilizing these funds for the maximum benefit for our community.” 

    “While federal cuts will create challenges, we also have untapped resources and underutilized opportunities at our disposal. The key is acting decisively during this critical recovery window while building sustainable economic growth for our future. My team and I remain ready to work with Governor Bryan and his team along with the Legislature of the Virgin Islands to ensure that we can not only weather these changes but emerge stronger.” 

    ### 

    MIL OSI USA News

  • MIL-OSI USA: Reps. Kim, Kamlager-Dove Push to Strengthen U.S.-Africa Ties

    Source: United States House of Representatives – Representative Young Kim (CA-39)

    Washington, DC – Today, U.S. Representatives Young Kim (CA-40) and Sydney Kamlager Dove (CA-37) introduced the Young African Leaders Initiative (YALI) Act, a bipartisan bill to make permanent the State Department’s YALI program. 

    YALI is the United States’ signature effort to invest in the next generation of African leaders. With a median age of 19, the continent is home to the world’s youngest population. Recognizing the immense potential of this rising generation of change-makers, YALI was launched in 2010 to support young African leaders as they spur growth and prosperity, strengthen democratic governance, and enhance peace and security across sub-Saharan Africa. This legislation also reaffirms the United States’ commitment to investing in Africa’s youth, promoting initiatives to enhance leadership skills, support entrepreneurship, and strengthen U.S.-Africa people-to-people ties. 

    “People-to-people diplomacy is how we build relationships and ensure the United States is the partner of choice for allies and partners,” said Rep. Young Kim. “The State Department’s Young African Leaders Initiative has proven to strengthen democracy, prosperity, and peace in the region while supporting young Africans making a difference in their communities. I thank Rep. Kamlager-Dove for working with me on this bill.”  

    “The Young African Leaders Initiative has been a cornerstone of America’s commitment to Africa’s future since 2010, and I’m proud to support its ongoing efforts through the bipartisan, bicameral YALI Act,” said Rep. Kamlager-Dove. “Despite historic bipartisan support, the Trump Administration has proposed a 40% cut to YALI’s budget, jeopardizing a program that has proven effective in strengthening democracy, building communities, and fostering people-to-people ties. With 70% of Sub-Saharan Africa under 30, now’s the time to invest in—not retreat from—emerging leaders who will play vital roles in solving global challenges. We must pass the YALI Act to protect this crucial program and reaffirm the United States as a strong partner in Africa’s future.” 

    Senators Mike Rounds (R-SD) and Chris Van Hollen (D-MD) introduced companion legislation in the Senate. 

    “Continued U.S. engagement in African nations is essential to building strategic partnerships, while also limiting the influence of our near-peer adversaries in the region,” said Senator Rounds. “The Young African Leaders Initiative was created in 2010 to empower young African leaders to gain the skills and education for the advancement of democratic governance and stability across the continent. Our legislation would make this program permanent and continue its role in advancing democracy and economic development in Africa.” 

    “Over the last 15 years, YALI has helped strengthen our relationships with nations across Africa – fostering partnerships that expand opportunity, promote peace, and bolster people-to-people ties between the U.S. and these nations. As the continent’s youth population expands dramatically, it’s all the more important that we’re investing in the next generation of leaders. We should make YALI permanent to continue this critical support and pave the way for a brighter shared future for the nations of Africa and the U.S.,” said Senator Van Hollen. 

    Read the bill HERE. 

    MIL OSI USA News

  • MIL-OSI USA: Kamlager-Dove, Kim, Van Hollen, Rounds, Introduce Bipartisan, Bicameral Bill to Strengthen U.S.-Africa Ties

    Source: United States House of Representatives – Congresswoman Sydney Kamlager California (37th District)

    WASHINGTON, DC – Today, U.S. Representatives Sydney Kamlager-Dove (D-CA) and Young Kim (R-CA) and U.S. Senators Chris Van Hollen (D-MD) and Mike Rounds (R-SD) reintroduced the bipartisan Young African Leaders Initiative Act, legislation to make permanent the State Department’s Young African Leaders Initiative (YALI). 

    YALI is the United States’ signature effort to invest in the next generation of African leaders. With a median age of 19, the continent is home to the world’s youngest population. Recognizing the immense potential of this rising generation of change-makers, YALI was launched in 2010 to support young African leaders as they spur growth and prosperity, strengthen democratic governance, and enhance peace and security across sub-Saharan Africa. This legislation also reaffirms the United States’ commitment to investing in Africa’s youth, promoting initiatives to enhance leadership skills, support entrepreneurship, and strengthen U.S.-Africa people-to-people ties.

    “The Young African Leaders Initiative has been a cornerstone of America’s commitment to Africa’s future since 2010, and I’m proud to support its ongoing efforts through the bipartisan, bicameral YALI Act,” said Rep. Kamlager-Dove. “Despite historic bipartisan support, the Trump Administration has proposed a 40% cut to YALI’s budget, jeopardizing a program that has proven effective in strengthening democracy, building communities, and fostering people-to-people ties. With 70% of Sub-Saharan Africa under 30, now’s the time to invest in—not retreat from—emerging leaders who will play vital roles in solving global challenges. We must pass the YALI Act to protect this crucial program and reaffirm the United States as a strong partner in Africa’s future.”

    “People-to-people diplomacy is how we build relationships and ensure the United States is the partner of choice for allies and partners,” said Rep. Kim. “The State Department’s Young African Leaders Initiative has proven to strengthen democracy, prosperity, and peace in the region while supporting young Africans making a difference in their communities. I thank Rep. Kamlager-Dove for working with me on this bill.” 

    “Over the last 15 years, YALI has helped strengthen our relationships with nations across Africa – fostering partnerships that expand opportunity, promote peace, and bolster people-to-people ties between the U.S. and these nations. As the continent’s youth population expands dramatically, it’s all the more important that we’re investing in the next generation of leaders. We should make YALI permanent to continue this critical support and pave the way for a brighter shared future for the nations of Africa and the U.S.,” said Senator Van Hollen.

    “Continued U.S. engagement in African nations is essential to building strategic partnerships, while also limiting the influence of our near-peer adversaries in the region,” said Senator Rounds.“The Young African Leaders Initiative was created in 2010 to empower young African leaders to gain the skills and education for the advancement of democratic governance and stability across the continent. Our legislation would make this program permanent and continue its role in advancing democracy and economic development in Africa.”

    Bill text can be viewed here.

    MIL OSI USA News

  • MIL-OSI USA: Kamlager-Dove Statement on the Supreme Court’s Ruling in Trump v. CASA, Inc.

    Source: United States House of Representatives – Congresswoman Sydney Kamlager California (37th District)

    WASHINGTON, DC — Today, Congresswoman Sydney Kamlager-Dove (CA-37) shared the following statement to social media after the Supreme Court’s ruling in Trump v. CASA, Inc.:

    “The Trump Administration knows full-well that its Executive Order nullifying birthright citizenship violates the 14th Amendment.

    “But instead of addressing this blatantly unconstitutional action, SCOTUS’ conservative supermajority chose to suck up to Trump by limiting nationwide injunctions—in this case, allowing the Trump Administration to keep pursuing its assault on birthright citizenship.

    “The Constitution is clear: everyone born in the U.S. is a U.S. citizen. This fight isn’t over. I will continue to stand up for our immigrant communities and the Constitution.”

    MIL OSI USA News

  • MIL-OSI USA: Assessing the Global Climate in June 2025

    Source: US National Oceanographic Data Center

    June Highlights:

    • June saw widespread warmer-than-normal temperatures across most of the globe.
    • Northern Hemisphere snow cover extent was below average in June.
    • Sea ice extent was near-record low for the Arctic and third lowest for the Antarctic.
    • Global tropical cyclone activity was above average with nine named storms.
    Map of global selected significant climate anomalies and events in June 2025.

    Temperature

    June 2025 had the third-warmest June global surface temperature in NOAA’s 176-year record, with a temperature 1.76°F (0.98°C) higher than the 20th-century baseline. This June was cooler than June 2023 (second warmest) and June 2024 (warmest). According to NCEI’s Global Annual Temperature Outlook, there is a very high likelihood that 2025 will rank among the five warmest years on record. However, it is unlikely that 2025 will rank as the warmest year on record. 

    Land and Ocean Temperature Percentiles for June 2025 (°C). Red indicates warmer than average and blue indicates colder than average.

    June saw widespread above-average temperatures across much of the globe’s surface. Warm temperature departures were most notable in parts of North America, Europe, central Asia, western and eastern Antarctica and the northern Pacific Ocean. Pockets of below-average temperatures were present across parts of the higher latitudes of the Arctic, Greenland and the North Atlantic, as well as parts of northwestern and northern Asia, India, north and eastern Australia, southern South America, central Antarctica and the eastern tropical Pacific Ocean.

    Regionally, Europe and Asia both had their fifth-warmest June on record. North America had its eighth-warmest and Africa its ninth-warmest. South America, Oceania, the Arctic, the Antarctic and the Caribbean and Hawaiian regions also recorded above-average temperatures for June; however, their anomalies did not place among their respective top 10 warmest Junes on record.

    Precipitation

    As is typical, precipitation patterns varied globally. Regions that experienced drier-than-average conditions included parts of northern Canada and the western contiguous U.S., as well as the southern half of Europe, the central and western parts of Asia and southwestern and eastern Australia. Southern and western Alaska, the eastern half of the U.S., northern South America, northern Europe and much of Asia had wetter-than-average conditions.

    Snow Cover

    The Northern Hemisphere snow cover extent was the 12th-smallest June extent on record, with 610,000 square miles below average. Snow cover over North America and Greenland was below average by 280,000 square miles and was the 11th-smallest snow cover extent in the 59-year record. Eurasia was also below average by 330,000 square miles—tying with 2009 as the 13th-smallest June extent. 

    Sea Ice

    Global sea ice extent was the second-smallest June extent on record at 850,000 square miles below the 1991–2020 average. Arctic sea ice extent was also the second-smallest extent at 320,000 square miles below average. The Antarctic sea ice extent was the third-smallest for June at 540,000 square miles below average.

    Map of the Antarctic (left) and Arctic (right) sea ice extent in June 2025.

    Tropical Cyclones

    Globally, tropical cyclone activity was above average during June, with a total of nine named storms. The Atlantic basin had two named storms: Tropical Storm (TS) Andrea and TS Barry. Notably, Barry brought heavy rain and strong winds to parts of eastern Mexico. Its remnants also contributed to extreme flooding over parts of central Texas in early July.

    The East Pacific basin was more active, with five named storms: Hurricane Barbara, TS Cosme, TS Dahlia, Hurricane Erick and TS Flossie. Among these, Hurricane Erick stands out as the earliest major hurricane on record to make landfall in Mexico.

    The West Pacific saw two named storms: Typhoon Wutip and TS Sepat. Wutip, an equivalent Category 1 typhoon, brought heavy rain and strong winds to southern China.

    No tropical cyclones formed in the North Indian Ocean and the Southern Hemisphere basins.


    For a more complete summary of climate conditions and events, see our June 2025 Global Climate Report or explore our Climate at a Glance Global Time Series.

    MIL OSI USA News

  • MIL-OSI USA: UConn’s Journalism Major Offers Pathways to Legal Careers

    Source: US State of Connecticut

    For some UConn alumni with bachelor’s degrees in journalism, their experiences served as a launching pad to a different, but related, career path: law.

    “I became a lawyer to help people — to give people advice,” says Sara Bigman ’17 (CLAS), a current litigation associate at Cohen and Wolf P.C. in Bridgeport, Connecticut. “As a journalist going into law, learning to digest information, working under pressure, and learning new topics definitely helped.”

    The study and practice of journalism at UConn exposes students to civics, local government, and the justice system. Through those lessons, some journalism majors find themselves drawn to legal work.

    Every semester, the Department of Journalism offers JOUR 3020: Media Law, one of the few undergraduate courses focused specifically on the law.

    Students learn foundational concepts, such as the rule of law and the free speech protections of the First Amendment. They study laws regulating digital media, such as recording audio and taking photos, and exercise their rights as members of the public to access government records through Freedom of Information Act requests. They also gain exposure to tort law, including libel and privacy, and take part in a mock trial.

    “In my junior year, I took Media Law with associate professor Amanda Crawford, which was my first exposure to any sort of legal education,” says Wyatt Cote ’23 (CLAS), now a third year UConn law student. “At the time, I wasn’t sure exactly why, but that class was the one that I found myself most excited by…I found myself wondering how I could capitalize on that feeling. That is when the prospect of going to law school first occurred to me.”

    Crawford says that a key aspect of the course is its focus on modern challenges, such as those posed by widespread social media use and an executive branch that is openly hostile to protestors and journalists.

    “I really don’t think there has been any time in my life that the issues we teach in Media Law have been more relevant to college students,” says Crawford.

    Cote says in his senior year, he took professor Michael Stanton’s Investigative Reporting class, which worked on a project about Connecticut’s housing and eviction crises. The course required students to attend eviction court in New London.

    “There, we were firsthand witnesses to the inequality that pervades the Connecticut housing market,” says Cote. “There, I realized that I wanted to be a housing lawyer.”

    Both Cote and Bigman agree that UConn’s rigorous nationally accredited curriculum played a vital role in equipping them with career competencies for effective legal practice.

    “What is less obvious is how wonderful journalism is for the students who are like me, who can’t say that they know what they want out of their careers,” explains Cote. “A journalist’s training prepares them well for legal work. The ability to connect to a stranger and tell their story in a compelling, persuasive way is an invaluable skill to lawyering,”

    Cote also recommended the Department of Journalism’s news writing courses, quoting a book by Supreme Court Justices Scalia and Garner, which says lawyers “possess only one tool to convey their thoughts: language. They must acquire and hone the finest, most effective version of that tool available. They must love words and use them exactly. Cultivating an appealing prose style and broad vocabulary is a ‘lifelong project, and you may as well begin [it] at once’.”

    “Students who go on to join a journal in law school will assuredly encounter pages upon pages of dull, uninspired academic writing,” Cote noted. “Taking writing classes as an undergraduate will give them a leg up on their peers and help make the pieces published by their journals actually readable.”

    Transitioning to law can be a natural progression for J-majors seeking a different avenue for public service.

    “I knew I wanted to do something that helped people,” says Sydney Mazur ’19 (CLAS), an attorney-at-law at Litchfield Cavo in Simsbury, Connecticut. “It definitely helps not being afraid to ask questions and to have that kind of passion or fuel within you to want to know … getting into the nitty-gritty of what’s going on, and you have to be fast enough in your mind to think of a follow-up question. So, I think journalism at UConn prepared me.”

    MIL OSI USA News

  • MIL-OSI USA: UConn’s Journalism Major Offers Pathways to Legal Careers

    Source: US State of Connecticut

    For some UConn alumni with bachelor’s degrees in journalism, their experiences served as a launching pad to a different, but related, career path: law.

    “I became a lawyer to help people — to give people advice,” says Sara Bigman ’17 (CLAS), a current litigation associate at Cohen and Wolf P.C. in Bridgeport, Connecticut. “As a journalist going into law, learning to digest information, working under pressure, and learning new topics definitely helped.”

    The study and practice of journalism at UConn exposes students to civics, local government, and the justice system. Through those lessons, some journalism majors find themselves drawn to legal work.

    Every semester, the Department of Journalism offers JOUR 3020: Media Law, one of the few undergraduate courses focused specifically on the law.

    Students learn foundational concepts, such as the rule of law and the free speech protections of the First Amendment. They study laws regulating digital media, such as recording audio and taking photos, and exercise their rights as members of the public to access government records through Freedom of Information Act requests. They also gain exposure to tort law, including libel and privacy, and take part in a mock trial.

    “In my junior year, I took Media Law with associate professor Amanda Crawford, which was my first exposure to any sort of legal education,” says Wyatt Cote ’23 (CLAS), now a third year UConn law student. “At the time, I wasn’t sure exactly why, but that class was the one that I found myself most excited by…I found myself wondering how I could capitalize on that feeling. That is when the prospect of going to law school first occurred to me.”

    Crawford says that a key aspect of the course is its focus on modern challenges, such as those posed by widespread social media use and an executive branch that is openly hostile to protestors and journalists.

    “I really don’t think there has been any time in my life that the issues we teach in Media Law have been more relevant to college students,” says Crawford.

    Cote says in his senior year, he took professor Michael Stanton’s Investigative Reporting class, which worked on a project about Connecticut’s housing and eviction crises. The course required students to attend eviction court in New London.

    “There, we were firsthand witnesses to the inequality that pervades the Connecticut housing market,” says Cote. “There, I realized that I wanted to be a housing lawyer.”

    Both Cote and Bigman agree that UConn’s rigorous nationally accredited curriculum played a vital role in equipping them with career competencies for effective legal practice.

    “What is less obvious is how wonderful journalism is for the students who are like me, who can’t say that they know what they want out of their careers,” explains Cote. “A journalist’s training prepares them well for legal work. The ability to connect to a stranger and tell their story in a compelling, persuasive way is an invaluable skill to lawyering,”

    Cote also recommended the Department of Journalism’s news writing courses, quoting a book by Supreme Court Justices Scalia and Garner, which says lawyers “possess only one tool to convey their thoughts: language. They must acquire and hone the finest, most effective version of that tool available. They must love words and use them exactly. Cultivating an appealing prose style and broad vocabulary is a ‘lifelong project, and you may as well begin [it] at once’.”

    “Students who go on to join a journal in law school will assuredly encounter pages upon pages of dull, uninspired academic writing,” Cote noted. “Taking writing classes as an undergraduate will give them a leg up on their peers and help make the pieces published by their journals actually readable.”

    Transitioning to law can be a natural progression for J-majors seeking a different avenue for public service.

    “I knew I wanted to do something that helped people,” says Sydney Mazur ’19 (CLAS), an attorney-at-law at Litchfield Cavo in Simsbury, Connecticut. “It definitely helps not being afraid to ask questions and to have that kind of passion or fuel within you to want to know … getting into the nitty-gritty of what’s going on, and you have to be fast enough in your mind to think of a follow-up question. So, I think journalism at UConn prepared me.”

    MIL OSI USA News

  • MIL-OSI Australia: Work experience program opens doors

    Source: Northern Territory Police and Fire Services

    Jogy gained valuable knowledge and experience through the Work Experience and Support Program.


    In Brief:

    • The Work Experience and Support Program (WESP) gives Canberrans from multicultural backgrounds the opportunity to build skills and knowledge in an Australian workplace.
    • The program aims to support Canberran’s who have been out of work, or not engaged in meaningful work, for two years.
    • This article details information about the program, its benefits and a current participant’s experience.

    The Work Experience and Support Program (WESP) offers the opportunity to build skills and knowledge in an Australian workplace through a voluntary placement.

    It is open to Canberrans from a multicultural background who have been out of meaningful work for two years.

    It focuses on:

    • building your skills and knowledge
    • experiencing work in an Australian workplace
    • improving your job seeking confidence and competitiveness
    • building a network of contacts in the ACT public service.

    The 12-week program is competitive but highly rewarding.

    It includes:

    • four weeks of training for Certificate II in Workplace Skills at CIT
    • eight weeks of unpaid work experience in the ACT Public Service.

    Jogy, a recent program graduate, was placed in the ACT’s Emergency Services Agency doing important local and community-based work.

    He gained valuable knowledge and experience through this program and was fortunate to have worked with a supportive and professional team.

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    MIL OSI News

  • MIL-OSI: STMicroelectronics and Metalenz Sign a New License Agreement to Accelerate Metasurface Optics Adoption

    Source: GlobeNewswire (MIL-OSI)

    T4717D

    STMicroelectronics and Metalenz Sign a New License Agreement to Accelerate Metasurface Optics Adoption

    • New license agreement enabling the proliferation of metasurface optics across high-volume consumer, automotive and industrial markets: from smartphone applications like biometrics, LIDAR and camera assist, to robotics, gesture recognition, or object detection.
    • The agreement broadens ST’s capability to use Metalenz IP to produce advanced metasurface optics while leveraging ST’s unique technology and manufacturing platform combining 300mm semiconductor and optics production, test and qualification.

    Geneva, Switzerland, and Boston, MA, USA – July 10, 2025 — STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications and Metalenz, the pioneer of metasurface optics, announced a new license agreement. The agreement broadens ST’s capability to use Metalenz IP to produce advanced metasurface optics while leveraging ST’s unique technology and manufacturing platform combining 300mm semiconductor and optics production, test and qualification.

    “STMicroelectronics is the unique supplier on the market offering a groundbreaking combination of optics and semiconductor technology. Since 2022, we have shipped well over 140 million metasurface optics and FlightSense™ modules using Metalenz IP. The new license agreement with Metalenz bolsters our technology leadership in consumer, industrial and automotive segments, and will enable new opportunities from smartphone applications like biometrics, LIDAR and camera assist, to robotics, gesture recognition, or object detection,” underlined Alexandre Balmefrezol, Executive Vice President and General Manager of STMicroelectronics’s Imaging Sub-Group. “Our unique model, processing optical technology in our 300mm semiconductor fab, ensures high precision, cost-effectiveness, and scalability to meet the requests of our customers for high-volume, complex applications.”

    “Our agreement with STMicroelectronics has the potential to further fast-track the adoption of metasurfaces from their origins at Harvard to adoption by market leading consumer electronics companies,” said Rob Devlin, co-founder and CEO of Metalenz. “By enabling the shift of optics production into semiconductor manufacturing, this agreement has the possibility to further redefine the sensing ecosystem. As use cases for 3D sensing continue to expand, ST’s technology leadership in the market together with our IP leadership solidifies ST and Metalenz as the dominant forces in the emergent metasurface market we created.”

    The new license agreement aims to address the growing market opportunity for metasurface optics projected to experience significant growth to reach $2B by 2029*; largely driven by the industry’s role in emerging display and imaging applications. (*Yole Group, Optical Metasurfaces, 2024 report)

    Note to editors
    In 2022, metasurface technology from Metalenz, which spun out of Harvard and holds the exclusive license rights to the foundational Harvard metasurface patent portfolio, debuted with ST’s market leading direct Time-of-Flight (dToF) FlightSense modules.

    Replacing the traditional lens stacks and shifting to metasurface optics instead has improved the optical performance and temperature stability of the FlightSense modules while reducing their size and complexity.

    The use of 300mm wafers ensures high precision and performance in optical applications, as well as the inherent scalability and robustness advantage of semiconductor manufacturing process.

    About STMicroelectronics
    At ST, we are 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027.
    Further information can be found at www.st.com.

    About Metalenz
    Metalenz is at the forefront of driving innovation in optics with metasurface technology, providing solutions that redefine the possibilities of mobile imaging and sensing. Metalenz is the first company to bring metasurfaces to mass markets, with millions of its meta-optics already integrated in consumer devices, combining the functionality of three or four complex lenses and components into a single flat device, mass produced in existing semiconductor foundries. The company’s first full system solution, Polar ID, is a groundbreaking, ultra-secure, small, and affordable face unlock solution for mobile that harnesses the unique polarized light sorting capabilities of metasurfaces, enabling mobile devices to see beyond the limits of current visual systems. metalenz.com

    CONTACTS

    STMicroelectronics

    INVESTOR RELATIONS
    Jérôme Ramel
    EVP Corporate Development & Integrated External Communication
    Tel: +41.22.929.59.20
    jerome.ramel@st.com

    MEDIA RELATIONS
    Alexis Breton
    Corporate External Communications
    Tel: +33.6.59.16.79.08
    alexis.breton@st.com

    Metalenz

    Carly Glovinski
    Sr. Marketing Manager
    media@metalenz.com

    Attachments

    The MIL Network

  • MIL-OSI: Moomoo Midyear 2025 Investor Survey Findings: Investors Take a Neutral Stance, Expect More Volatility in the Second Half

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., July 10, 2025 (GLOBE NEWSWIRE) — The intuitive investment and trading platform moomoo has recently completed a 2025 second quarter North American users survey. Similar to last year, moomoo surveyed its users halfway through the year to find out how their investing journey has progressed to-date this year and learn what their expectations for the second half will be. Results showed that the investors in the survey take a neutral stance and expect more volatility in the second half. Many investors are growth focused and confident in meeting their investment goals despite poor consumer sentiment about the economy.

    Investors anticipate just a few cuts from the Fed in 2025 despite expectations of a possible recession and rising unemployment. As they are using several apps to invest, they want information available at their fingertips. New features like Artificial Intelligence (AI) and extended hours trading are gaining traction.

    Markets climbed a wall of worry after an initial tariff fueled selloff at the beginning of the year to finish modestly in the green and near all-time highs. Overall, investors held on through the dip and emerged in a solid financial position at the end of the half. As of June 30, the S&P 500 index gained 5.5%, the tech heavy Nasdaq 100 index was up 7.9% and the Magnificent Seven index gained 2.5%. Moomoo surveyed 1,200 of its users in North America halfway through the year to find out how their investing journey has progressed and what their expectations for the second half will be. Overall, investors remain positive but are striking a more cautionary tone as uncertainly over the economy and tariffs are expected to lead to more volatility. In addition, moomoo’s investors in Canada are closely watching political developments both at home and in the US and adjusting their investing plans accordingly.

    “While more investors report having made money in 2025 compared with the same period last year, the uncertainty surrounding inflation drives mixed reactions among users. However, investors trade more often with a more diversified portfolio and goals. Even though they are expecting more volatility in the second half, investors believe trading through self-direct platforms help them achieve their financial freedom goals,” said Justin Zacks, Vice President of Strategy, Moomoo Technologies Inc.

    About the Survey:

    The Q2 Moomoo Users survey was conducted in June 2024. The survey included approximately 1,000 participants in the US and 200 in Canada that are registered users of the moomoo app. The data shown in the survey represents the opinion of those surveyed and may change based on the market and other conditions. The survey results provided herein may not represent other customers’ experience, and there is no guarantee of future performance or success and should also not be construed as investment advice. Experiences may differ than the ones represented here. Investing involves risks regardless of the strategy selected.

    This whitepaper is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Past investment performance does not indicate or guarantee future success. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions.

    Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.

    About moomoo

    Moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights. It provides users with the necessary information and technology to make more informed investment decisions. Investors have access to advanced charting tools, technical analytics, and in-depth data. Moomoo grows with its users, cultivating a community where investors share, learn, and grow together in one place. Moomoo provides free access to investment courses, educational materials, and interactive events that any investor, at any level, can gain from. Users can join forum discussions, trending topics, and seminars to better their investment knowledge and insights.

    The moomoo app is offered by Moomoo Technologies Inc. (“MTI”) a company that is based in Jersey City, New Jersey. The app is used globally in countries including the U.S., Singapore, Australia, Japan, Malaysia and Canada. MTI is not a broker-dealer and does not provide investment advice or recommendations. In the U.S., securities products and services are offered by Moomoo Financial Inc. (“MFI”), an SEC-registered broker-dealer and member FINRA/SIPC. MTI and MFI are indirect, wholly-owned subsidiaries of Futu Holdings Limited (Nasdaq: FUTU).

    For more information, please visit moomoo’s official website at www.moomoo.com/us or feel free to email: pr@us.moomoo.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7d32e64b-3806-4aa1-84ba-0235456d9e21

    The MIL Network

  • MIL-OSI Africa: The task force on the Economic Community of West African States (ECOWAS) Trade Liberalisation Scheme (TLS) has held a meeting to take stock of eight years of action in the field

    Source: APO


    .

    The Task Force on the ECOWAS Trade Liberalisation Scheme (TLS) met from the 1st to 3rd of July 2025, in Abidjan, Côte d’Ivoire, to take stock of the eight years of field missions across the ECOWAS Member States.

    The meeting was attended by the Chairman of the TLS Task Force, Dr Mohamed Ibn CHAMBAS, the ECOWAS Commission’s Commissioner for Economic Affairs and Agriculture, Ms Massandjé TOURE-LITSE, members of the first and second teams of the TLS Task Force, executives from the Customs Union and Taxation Directorate, and representatives of associations lobbying for the free movement of people and goods in West Africa, including AOCTAH/WACTAF, the Borderless Alliance, ENDA-CACID, NANTS, and ROPPA.

    In his welcoming remarks, the Chairman of the TLS Task Force, Dr Mohamed Ibn CHAMBAS, recalled the main objective of the meeting, which is not only to take stock of the actions of the TLS Task Force since the installation of the first team in 2016 up to the present day, to analyse without complacency the strengths and weaknesses of the said actions, but also to make relevant proposals likely to reinforce the gains made and correct the weaknesses, with a view to eliminating obstacles to intra-regional trade.

    Opening the meeting on behalf of the President of the ECOWAS Commission, H.E Dr Omar Alieu TOURAY, the Commissioner for Economic Affairs and Agriculture, Mrs Massandjé LITSE-TOURE, welcomed the key role played by the TLS Task Force in deepening intra-community trade through the free movement of people and goods. She praised the leadership of Dr CHAMBAS, who has brought a number of trade facilitation reforms to the attention of the region’s highest authorities, with tangible results.

    The plenary session, which lasted three days, enabling participants to make proposals to allow the TLS Task Force to be more effective in its future actions. The participants also recommended that the TLS Task Force should advocate for the strengthening of Member States’ commitment to regional integration through the appointment of a Special Adviser to the Cabinet of each President of the Republic or Prime Minister. This Special Adviser to the President or Prime Minister should, as a matter of priority, monitor the application by national administrations of Community texts on the free movement of persons and goods. It was also recommended that the TLS Task Force should step up its lobbying of governments on the issue of speeding up the digitisation of customs and trade procedures in order to facilitate the flow of goods along the various ECOWAS trade corridors.

    Beyond the question of the mandate of the Task Force on TLS, the participants seized the opportunity of this review meeting, in connection with the celebration of the fiftieth anniversary of ECOWAS, to make proposals to be fed back into the reflection on the ECOWAS of the future. These include the creation of an ECOWAS solidarity fund to promote balanced development within the community. ECOWAS should launch federative infrastructure projects (roads, railways, energy, interconnectivity, etc.) based on endogenous resources. Finally, a panel of eminent personalities will be set up to review the ECOWAS Treaty, with a view to strengthening the roles of the Parliament and the Community Court of Justice.

    The Chairman of the TLS Task Force, Dr Mohamed Ibn CHAMBAS, will shortly be travelling to Abuja to report to the Chairman of the Commission on the results of the Abidjan meeting.

    Distributed by APO Group on behalf of Economic Community of West African States (ECOWAS).

    MIL OSI Africa