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Category: Australia

  • MIL-OSI United Kingdom: PM launches new era for NHS with easier care in neighbourhoods

    Source: United Kingdom – Executive Government & Departments

    Press release

    PM launches new era for NHS with easier care in neighbourhoods

    The Prime Minister launches a new era for the NHS, bringing more easily accessible care closer to home.

    • Prime Minister launches government’s 10 Year Health Plan to bring the NHS closer to home
    • Neighbourhood Health Services to be rolled out across the country, bringing diagnostics, mental health, post-op, rehab, and nursing to people’s doorsteps
    • Neighbourhood health centres will house services under one roof, open at evenings and weekends
    • Plan for Change will rebuild the NHS to train thousands more family doctors, transform hospital outpatient appointments, and provide personalised care plans for complex needs

    Millions of patients will be treated and cared for closer to their home by new teams of health professionals, Prime Minister Keir Starmer will set out today, as the Government’s Plan for Change delivers a brand-new era for the NHS and delivers one of the most seismic shifts in care in the history of the health service.

    The launch of a Neighbourhood Health Service will see pioneering teams, some based entirely under one roof, set up in local communities across the country, to dramatically improve access to the NHS. As part of the Government’s aim to shift care out of hospitals and into the community, they will free up overstrained hospitals from perpetual firefighting so they can focus on delivering only the best, most cutting-edge, and personalised care.

    These neighbourhood health centres will provide easier, more convenient access to a full range of healthcare services right on people’s doorsteps – stopping them from having to make lengthy trip to hospitals. Neighbourhood teams will include staff like nurses, doctors, social care workers, pharmacists, health visitors, palliative care staff, and paramedics. Community health workers and volunteers will play a pivotal role in these teams, and local areas will be encouraged to trial innovative schemes like community outreach door-to-door – to detect early signs of illness and reduce pressure on GPs and A&E.

    Launching the government’s 10 Year Health Plan today, the Prime Minister will set out how moving care from hospitals to the community is one of the three key shifts required to tackle the inherited challenges and neglect of the NHS, make sure it is equipped to look after a modern society, and ensure people feel the change and improvements in healthcare that they voted for.

    Prime Minister Keir Starmer said:

    The NHS should be there for everyone, whenever they need it.

    But we inherited a health system in crisis, addicted to a sticking plaster approach, and unable to face up to the challenges we face now, let alone in the future.

    That ends now. Because it’s reform or die. Our 10 Year Health Plan will fundamentally rewire and future-proof our NHS so that it puts care on people’s doorsteps, harnesses game-changing tech and prevents illness in the first place.

    That means giving everyone access to GPs, nurses, and wider support all under one roof in their neighbourhood – rebalancing our health system so that it fits around patients’ lives, not the other way round.

    This is not an overnight fix, but our Plan for Change is already turning the tide on years of decline with over four million extra appointments, 1,900 more GPs and waiting lists at their lowest level for two years.

    But there’s more to come. This government is giving patients easier, quicker and more convenient care, wherever they live.

    The plan follows Lord Darzi’s diagnosis of the challenges facing the NHS last year where he assessed it was in a ‘critical condition’ as a result of deep rooted issues including low productivity, poor staff morale, a failure to keep up with new technology, rising waiting times, and a deterioration in the health of the nation.

    The PM will set out how the plan will deliver three key shifts to get the NHS back on its feet: hospital to community; analogue to digital; and sickness to prevention. Built around these three principles, the reforms within the plan will deliver the government’s promise to stop rising waiting lists, deliver more convenient care, and tackle inequalities across the country.

    New health centres will house the neighbourhood teams, which will eventually be open 12 hours a day, six days a week within local communities. They will not only bring historically hospital-based services into the community – diagnostics, post-operative care, and rehab – but will also offer services like debt advice, employment support and stop smoking or weight management, all of which will help tackle issues which we know affect people’s health.

    Health and Social Care Secretary Wes Streeting said:

    Our 10 Year Health Plan will turn the NHS on its head, delivering one of the most fundamental changes in the way we receive our healthcare in history.

    By shifting from hospital to community, we will finally bring down devastating hospital waiting lists and stop patients going from pillar to post to get treated.

    This Government’s Plan for Change is creating an NHS truly fit for the future, keeping patients healthy and out of hospital, with care closer to home and in the home.

    The status quo of ‘hospital by default’ will end, with a new preventative principle that care should happen as locally as it can: digital-by-default, in a patient’s home where possible, in a neighbourhood health centre when needed, in a hospital if necessary. This approach will make access to healthcare more convenient for patients and easier to fit around their day to day lives, rather than disrupting people’s work and personal lives.

    Thousands more GPs will be trained under the 10 Year Health Plan, as the Government lays the groundwork to bring back the family doctor, end the 8am scramble and make it easier to see your GP when you need to instead of having to turn to A&E.

    The government inherited an analogue NHS, reliant on paper and fax machines and out of step with modern technology. The government’s plan will bring it into the digital age, making sure staff benefit from the advantages and efficiencies available from new technology. This includes rolling out groundbreaking new tools over the next two years to support GPs. AI scribes will end the need for clinical notetaking, letter drafting, and manual data entry to free up clinicians’ time to focus on treating patients. Saving just 90 seconds on each GP appointment can save the same time as adding 2,000 more doctors into general practice.

    The Government will also use digital telephony so all phone calls to GP practices are answered quickly. For those who need it, they will get a digital or telephone consultation the same day they request it.

    As it stands, some practices are struggling to keep up with an ageing population and 21st century health needs. New contracts will be introduced which encourage and allow practices to cover a wider geographical area. It means smaller practices in the catchment area will get more support to ensure the right access is in place so that everyone can access their GP when they need to.

    Sir James Mackey, Chief Executive, NHS England said:

    The Neighbourhood Health Service is a huge opportunity for us to transform how we deliver care over the next decade – starting right on people’s doorsteps.

    By bringing together a full range of clinicians as one team, we can deliver care that’s more accessible, convenient and better for patients, as well as reducing pressures on hospitals.

    The plan will also deliver on the government’s promise to tackle the current lottery of access to dentists. Dental care professionals will work as part of neighbourhood teams, where Dental therapists could undertake check-ups, treatment, and referrals, while dental nurses could give education and advice to parents or work with schools and community groups. The work therapists cannot do would be safely directed to dentists.

    Under the plan, it will also be a requirement for newly qualified dentists to practice in the NHS for a minimum period, intended to be 3 years.

    Following the government’s work already to roll out supervised toothbrushing for kids, the plan will also improve access to dental care for children, making better use of the wider dental workforce, especially dental therapists, including through a new approach to upskilling professionals to work at the top of their clinical potential beginning in 2026 to 2027. This includes proposals to allow dental nurses to administer fluoride varnish for children in between check-ups, and the greater use of fissure sealants for children – covering back teeth with thin plastic coating to keep germs and food particles out the grooves.

    Matthew Taylor, Chief Executive of the NHS Confederation, said:

    This is a vital step towards a more preventative, community-based NHS. Bringing care closer to people’s homes through blended neighbourhood health teams recognises the complex and interconnected challenges many patients face, and it is the right direction for both improving outcomes and alleviating pressure on hospitals.   

    In many areas of the country, general practices working at scale through primary care networks and GP Federations, are already partnering alongside other organisations to deliver joined up care. It will be important to build on these positive successes.  

    Delivering on this ambition will require sustained investment in digital and estates, support for the NHS’s workforce, and a commitment to decentralise national control by empowering local leaders to do what is best for their populations. On behalf of our members, we are eager to work with the government to help turn this bold vision into lasting change.

    With the 10 Year Health plan the majority of outpatient care will happen outside of hospitals by 2035, by transforming care in the community. New digital tools will allow GPs to refer patients quicker, and a wider range of services available on people’s doorsteps will mean less need to attend appointments in hospital for ophthalmology, cardiology, respiratory medicine, and mental health.

    As a result of this shift to community, hospitals will be able to focus on patients who need hospital care, and get them seen on time again.

    The government’s Plan for Change is already delivering action to cut waiting lists and fix the foundations of the NHS. Waiting lists are at their lowest level in two years, including the first drop in April for 17 years. An extra 4.2million appointments have been delivered since July – over double the government’s target. 10 new surgical hubs have opened since January, and 1,900 more GPs have been recruited since October.

    ENDS

    Further details:

    • Where neighbourhood health teams have been trialled in England, they have significantly reduced hospital use. In Derby, integrated teams led to 2,300 fewer Category 3 ambulance callouts and 1,400 fewer short hospital stays among the over 65 population within a year.
    • The Institute For Public Policy Research has already called for a neighbourhood NHS – arguing a strong primary care sector has been shown to deliver better health outcomes, fewer hospital and emergency department trips, and more efficient healthcare spending.
    • As well as improving access to care for patients, The move to more care in the community will put the NHS back on the path to long-term financial sustainability. A recent study found that £100 spent on community care could achieve, on average, £131 in hospital savings.
    • Care plans are vital to seamless care within the community, but only 20% of people with a long-term condition have one. Through the 10 Year Health Plan, the Government will set a new standard that, by 2027, 95% of people with complex needs have an agreed personal care plan. All care plans should be co-created with patients. This means neighbourhood teams can tailor care for specific patients, working with them and their loved ones to proactively manage their conditions instead of simply reacting and treating emerging issues as is the case under the current system. This is especially important for people with complex needs who are likely to be managing multiple conditions.
    • Unpaid carers will be actively involved in care planning, with family, friends and carers agreeing decisions about care together where appropriate.

    STAKEHOLDER REACTION

    Caroline Abrahams, Charity Director at Age UK said.  

    A Neighbourhood Health Service is at the heart of the NHS 10 Year Plan and it could be a game-changer for our older population if we get it right.

    For far too long healthcare in the community has been fragmented and hard to access and navigate for older people, so crucial opportunities to nip their emerging health problems in the bud get missed.

    At Age UK we aspire to an NHS that proactively supports older people to stay as well as is possible for as long as possible, and if delivered well the Neighbourhood Health Service really could help achieve it.

    Daniel Elkeles, Chief Executive of NHS Providers, said: 

    This plan brings together three key ingredients for success. It provides a renewed focus on what good care will look like for people who depend on the NHS most by investing in GP and new neighbourhood services. 

    It’s a win for patients who will be better informed and empowered to direct their care as never before. 

    And it makes the NHS simpler, ensuring quicker decisions and innovations get to frontline services faster. 

    This is a recipe that offers the prospect of progress where previous plans have faltered. 

    That is a great starting point and all NHS providers will be keen to seize this opportunity to build a better health service that staff, patients and the public are once again proud of.

    Jacob Lant, Chief Executive of National Voices said: 

    The message in today’s plan is clear, for the NHS to thrive services must start to organise themselves around how people and communities actually live their lives.   

    Whether it be through shifting services out of hospitals, making innovative and inclusive use of tech or simply doubling down on getting the basics right, like communicating better with patients, this drive towards user-centred care offers hope for a more efficient and sustainable health service that focuses on patient need and outcomes.   > To ensure no communities are left behind, it is vital that Neighbourhood Health Services look to develop this new offer in partnership with the voluntary sector and the full diversity of citizens that make up the communities they serve.

    Gemma Peters, Chief Executive at Macmillan Cancer Support, said:

    This vision to bring care closer to home is what both the public and the NHS need. 

    3.5 million people are living with cancer today, rising to 4 million by 2030. Without radical change, the NHS cannot meet this growing demand, or ensure that – whoever you are, wherever you live – you can access the care, support and treatment you need when you need it.

    We welcome the Government’s recognition that we now need to mobilise every part of the NHS, communities and the voluntary sector to make sure this Plan succeeds.

    Macmillan is ready to play our part in delivering this vision and the forthcoming National Cancer Plan to ensure everyone has the world class healthcare they deserve.

    Rachel Power, Chief Executive, the Patients Association said:

    We welcome this ambitious transformation set out in the 10 Year Health Plan that delivers on what we called for: integrated, accessible care that is centred on patients’ real lives. Having new neighbourhood health centres open 12 hours a day, six days a week with multidisciplinary teams and clinical and support services under one roof addresses the reality that health challenges don’t exist in isolation.  

    We’re pleased to see the commitment to training thousands more GPs and look forward to a sustainable workforce strategy to support the delivery of these expanded services, along with clarity on how quickly these centres will be rolled out. We remain committed to ensuring genuine patient partnership underpins the design and delivery of these services, so they truly reflect what patients need in their local communities.

    Dr Jeanette Dickson, Chair of the Academy of Medical Royal Colleges said:

    The ambition, scale and innovative approaches set out in the 10 Year Health Plan can only be applauded. It promises a lot and properly implemented, offers an opportunity to revolutionise healthcare.

    It’s clearly not just about getting the NHS back on track, but designing a new healthcare system that’s fit for the challenges of today and tomorrow and one that can work for patients, staff and taxpayers alike. The sheer breadth and scale of what’s been set out will take time to fully digest, but the medical royal colleges are keen and ready to help implement the necessary changes to make this bold vision a reality.

    Katharine Jenner, Director, Obesity Health Alliance said:

    This is a positive step towards the healthier future people want. Obesity is a chronic, relapsing condition that needs long-term support. Crucially, as the Government now rightly recognises, we must also shift to preventing ill health before it starts.

    After years of broken promises, delays and weak voluntary measures, this government must implement their Plan for Change in full this Parliament. Only then we can start to transform our food system – from one that fuels poor health to one that supports good health.

    Real progress means taking mandatory action to tackle the relentless marketing and promotion of unhealthy food, improving access to nutritious options, and making healthy food affordable for everyone, right from the start of life.

    Ravi Gurumurthy, CEO of Nesta, said:

    Nye Bevan’s original vision for the NHS placed prevention at its heart. This plan takes important steps toward realising that ambition. The introduction of a new healthy food standard, alongside ending the sale of cigarettes, are serious interventions that could substantially reduce cases of cancer, heart disease, diabetes and other diseases and narrow health inequalities.

    The shift to a neighbourhood health service has the potential to deliver better care within communities and reduce avoidable hospital admissions.

     Matthew Reed, Chief Executive of Marie Curie, said: 

    We are pleased to see the Government place the needs of patients at the centre of their Plan to reform the NHS, make clear commitments that will help fix the current crisis in palliative and end of life care for local communities, and set out a clear roadmap for creating an NHS that is fit for the future. 

    We look forward to working with them to ensure that additional NHS funding announced in the Spending Review transforms care in the community for people with a terminal illness.

    Dr Charmaine Griffiths, Chief Executive at the British Heart Foundation (BHF), said:

    You can’t upgrade the nation’s health without tackling cardiovascular disease, one of the UK’s biggest killers.

    Today’s ambitious plan lays the foundation for how we can stop more lives lost too soon to heart disease, prevent more heart attacks and strokes, and help more people live with healthier hearts for longer.

    Henry Gregg, Chief Executive of the National Pharmacy Association said:

    The 10,000 NHS pharmacies in England are right in the heart of their communities on high streets, in health centres, close to people’s doorsteps, providing health care and advice to millions every week.

    Pharmacies want to be able to offer better, more joined up care for their communities so they share the Government’s ambition to bring care closer to people.

    It’s important that pharmacies, who already do this work day in day out, are placed at the heart of these plans.

    Investing in pharmacies can create a future where people can drop in for treatment, check ups, medicine reviews, and advice.

    Pharmacies want to work with GPs, social workers and colleagues across the health service to provide better health care, nearer to people’s homes and take pressure off the NHS.

    Janet Morrison, Chief Executive of Community Pharmacy England, said:

    The Government’s plan aligns well with the value that pharmacies can bring and will begin to harness the sector’s potential for the benefit of patients, communities and the wider NHS. Research shows that the public already supports playing community pharmacies playing a bigger role in healthcare services, and the sector has a unique ability to break down barriers to care coupled with an astonishingly strong record on efficiency. 

    But before this plan can become a reality, first the Government must deliver on its commitment to build the sustainable funding model that community pharmacy so desperately needs. The millions of people relying on them every day don’t want to lose their local pharmacies to financial collapse, which is something the Government should carefully consider as it seeks to implement its plan.

    This plan is not the end of the road; it’s just the beginning.

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    Updates to this page

    Published 2 July 2025

    MIL OSI United Kingdom –

    July 3, 2025
  • MIL-OSI New Zealand: Market sounding on toll road concessions to begin

    Source: New Zealand Government

    Market soundings with international and local toll road investors, operators and financiers will begin next week as the next step in exploring how toll concessions could help fund, build and operate important road infrastructure, Infrastructure and Transport Minister Chris Bishop says. 
    “The Government is focused on improving high-quality road infrastructure to boost economic growth and ensure people and freight can travel efficiently and safely. To accelerate the delivery of vital transport projects, we’re looking into alternative funding and financing methods, including the use of toll concessions.
    “New Zealand currently has three toll roads in operation in Auckland and Tauranga, with three more in various stages of construction or planning. The Government has also set expectations in the Government Policy Statement on Land Transport 2024 that other roads are considered for tolling in future, including all future Roads of National Significance. 
    “Although existing toll roads are currently managed by the NZ Transport Agency, the Government is, for the first time, considering private sector involvement in the operation of toll roads. This includes the potential use of toll concessions as part of a broader approach to infrastructure delivery.
    “A toll concession involves a private entity—known as a concessionaire—being given the right to manage and maintain a toll road for a specified time. During this period, they collect toll revenue to recover costs and earn a return. In exchange, the Government receives an upfront capital payment which can be used to fund additional road projects and potentially deliver them years earlier than would otherwise be feasible.
    “Concessions may apply to existing toll roads to operate and maintain a road, or be integrated into the development of new roading infrastructure. In the latter case, a private partner could be contracted to design, construct, operate, and maintain the road, and recoup operations and maintenance costs through toll collection.
    “There are several advantages to toll concessions: they can provide immediate capital that can be used to deliver more infrastructure projects sooner, draw on private sector expertise and innovation in areas like construction and tolling technology, and can help government to share and manage risks more efficiently.
    “It is important to note that the Crown continues to own the toll road under a concession arrangement. The private operator manages the road for the duration of the concession, after which control reverts back to a government agency.
    “Next week, my officials will begin market sounding discussions with toll road investors, operators and financiers to test opportunities for private firms to operate and maintain toll roads through concessions. The officials will meet with a cross-section of market participants – from international toll road operators to domestic and international investors and iwi – to get a range of perspectives on the opportunities available. If work on concessions is taken forward, there will be wider opportunities to be involved in any transactions stage.
    “Market sounding discussions will give us deeper insight into whether toll road concessions are viable here, under what circumstances, and the different ways they could be structured and phased. 
    “The Government will test concession opportunities on:

    New Zealand’s existing three toll roads – the Northern Gateway in Auckland, and Takitimu Drive and Tauranga Eastern Link in Tauranga
    Three roads in development that Cabinet has confirmed will be tolled – Penlink, Takitimu North Link, and Ōtaki to North of Levin
    All future Roads of National Significance

    “Officials will also seek to understand the extent to which concessions could support private investment and involvement in delivering other future projects beyond the immediate RoNS programme, including an alternative Waitematā Harbour crossing, where the significant scale of such projects and investment needed means different delivery approaches may deliver greater value for New Zealanders. 
    “The Ministry of Transport has appointed global investment bank, Citi, as its financial and commercial advisor to support this market sounding process. 
    “Citi has extensive experience advising on toll road concessions overseas and we’re pleased to have access to their expertise, connections and insights to ensure we run a high calibre market sounding process.
    “The insights we get from the market sounding will inform my decisions about whether and how to take toll concessions forward, including which ones are viable and have value. I look forward to hearing what the market has to say,” Mr Bishop says. 
    The Government expects to make decisions on toll road concessions later this year. 
    Notes to editor:
    ·         Exploring toll concessions gives effect to the National-ACT coalition agreement to institute long-term city and regional infrastructure deals, allowing Public Private Partnerships (PPPs), tolling and value capture rating to fund infrastructure.
    ·         Market sounding discussions will start in the week of 7 July 2025, with discussions being held in Sydney, Wellington and Auckland until late July 2025. 
    ·         The market sounding process is being led by the Ministry of Transport and National Infrastructure Funding and Financing Limited (NIFFCo), with input from the NZ Transport Agency (NZTA) and Treasury. Global investment bank, Citi, is acting as the Ministry of Transport’s financial and commercial advisor for the market sounding process. 

    MIL OSI New Zealand News –

    July 3, 2025
  • MIL-OSI New Zealand: Market sounding on toll road concessions to begin

    Source: New Zealand Government

    Market soundings with international and local toll road investors, operators and financiers will begin next week as the next step in exploring how toll concessions could help fund, build and operate important road infrastructure, Infrastructure and Transport Minister Chris Bishop says. 
    “The Government is focused on improving high-quality road infrastructure to boost economic growth and ensure people and freight can travel efficiently and safely. To accelerate the delivery of vital transport projects, we’re looking into alternative funding and financing methods, including the use of toll concessions.
    “New Zealand currently has three toll roads in operation in Auckland and Tauranga, with three more in various stages of construction or planning. The Government has also set expectations in the Government Policy Statement on Land Transport 2024 that other roads are considered for tolling in future, including all future Roads of National Significance. 
    “Although existing toll roads are currently managed by the NZ Transport Agency, the Government is, for the first time, considering private sector involvement in the operation of toll roads. This includes the potential use of toll concessions as part of a broader approach to infrastructure delivery.
    “A toll concession involves a private entity—known as a concessionaire—being given the right to manage and maintain a toll road for a specified time. During this period, they collect toll revenue to recover costs and earn a return. In exchange, the Government receives an upfront capital payment which can be used to fund additional road projects and potentially deliver them years earlier than would otherwise be feasible.
    “Concessions may apply to existing toll roads to operate and maintain a road, or be integrated into the development of new roading infrastructure. In the latter case, a private partner could be contracted to design, construct, operate, and maintain the road, and recoup operations and maintenance costs through toll collection.
    “There are several advantages to toll concessions: they can provide immediate capital that can be used to deliver more infrastructure projects sooner, draw on private sector expertise and innovation in areas like construction and tolling technology, and can help government to share and manage risks more efficiently.
    “It is important to note that the Crown continues to own the toll road under a concession arrangement. The private operator manages the road for the duration of the concession, after which control reverts back to a government agency.
    “Next week, my officials will begin market sounding discussions with toll road investors, operators and financiers to test opportunities for private firms to operate and maintain toll roads through concessions. The officials will meet with a cross-section of market participants – from international toll road operators to domestic and international investors and iwi – to get a range of perspectives on the opportunities available. If work on concessions is taken forward, there will be wider opportunities to be involved in any transactions stage.
    “Market sounding discussions will give us deeper insight into whether toll road concessions are viable here, under what circumstances, and the different ways they could be structured and phased. 
    “The Government will test concession opportunities on:

    New Zealand’s existing three toll roads – the Northern Gateway in Auckland, and Takitimu Drive and Tauranga Eastern Link in Tauranga
    Three roads in development that Cabinet has confirmed will be tolled – Penlink, Takitimu North Link, and Ōtaki to North of Levin
    All future Roads of National Significance

    “Officials will also seek to understand the extent to which concessions could support private investment and involvement in delivering other future projects beyond the immediate RoNS programme, including an alternative Waitematā Harbour crossing, where the significant scale of such projects and investment needed means different delivery approaches may deliver greater value for New Zealanders. 
    “The Ministry of Transport has appointed global investment bank, Citi, as its financial and commercial advisor to support this market sounding process. 
    “Citi has extensive experience advising on toll road concessions overseas and we’re pleased to have access to their expertise, connections and insights to ensure we run a high calibre market sounding process.
    “The insights we get from the market sounding will inform my decisions about whether and how to take toll concessions forward, including which ones are viable and have value. I look forward to hearing what the market has to say,” Mr Bishop says. 
    The Government expects to make decisions on toll road concessions later this year. 
    Notes to editor:
    ·         Exploring toll concessions gives effect to the National-ACT coalition agreement to institute long-term city and regional infrastructure deals, allowing Public Private Partnerships (PPPs), tolling and value capture rating to fund infrastructure.
    ·         Market sounding discussions will start in the week of 7 July 2025, with discussions being held in Sydney, Wellington and Auckland until late July 2025. 
    ·         The market sounding process is being led by the Ministry of Transport and National Infrastructure Funding and Financing Limited (NIFFCo), with input from the NZ Transport Agency (NZTA) and Treasury. Global investment bank, Citi, is acting as the Ministry of Transport’s financial and commercial advisor for the market sounding process. 

    MIL OSI New Zealand News –

    July 3, 2025
  • MIL-OSI Australia: Rate cuts bring relief as stress levels drop

    Source: Premier of Victoria

    • NAB Consumer Stress Index eased to a two-year low
    • Small cutbacks putting $4860 a year back in Aussies’ pockets

    Australians are starting to breathe a little easier, with consumer stress dropping to its lowest point in two years, thanks to easing cost-of-living pressures and growing hope around interest rates.

    NAB’s latest Consumer Sentiment Survey shows the stress index has dropped to 56.6, down from 59.6 in March, below the long-term average.

    NAB Executive Lucia La Bella says recent rate cuts are already making a difference in how people are feeling about their finances.

    And fewer Australians are seeing big jumps in mortgages, rent and transport.

    “We’re seeing a sense of optimism about the future and more confidence that there’s light at the end of the tunnel,” Ms La Bella said.

    “We’re seeing some relief already among mortgage holders with almost half saying they’re feeling the benefits of recent rate cuts.

    “With another RBA meeting just days away, many households are watching closely and planning their budgets.”

    Cost-of-living is still the main concern among Australians although it has now eased to its lowest level in three years.

    Households are continuing to tighten their belts, cutting back on things like eating out, entertainment and travel – saving an average of $4860 a year. But it’s not just about cutting back, people are shopping smarter too.

    One in three are switching to cheaper brands, one in four are doing their homework before buying, and one in ten are snapping up deals when they see them.

    “They’re showing resilience, making smart choices, and setting themselves up for a stronger financial future,” Ms La Bella said.

    With a new financial year here, it’s a good opportunity to start fresh with a new budget. Free tools like the NAB Budget Planner are a good place to start.

    Notes to editor:  

    • NAB’s measure of consumer stress is based on household stresses arising from their job security, health, ability to fund retirement, cost of living and the impact of Government policies.
    • NAB Economics forecasts three further 25bp cuts in 2025 taking the cash rate back to a broadly neutral rate of 3.1%.
    • The NAB Consumer Sentiment Survey uses data from 2,000 people

    ENDS 

    For further information:
    NAB Media: +61 (0) 3 7035 5015

    Customers, banking & finance

    SEE ALL TOPICS

    Media Enquiries

    For all media enquiries, please contact the NAB Media Line on 03 7035 5015

    MIL OSI News –

    July 3, 2025
  • MIL-OSI: Dundee Corporation Provides Update on Android Transaction Timing

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 02, 2025 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation”) today provided an update regarding the previously announced sale of Android Industries. Since the signing of the binding Share Purchase Agreement, the parties have made meaningful progress in satisfying the required conditions precedent to closing. The majority of these conditions have been met. However, key remaining third-party consents remain outstanding and have taken longer to secure than anticipated.

    All parties remain committed to the transaction and continue to work toward a successful completion, however, the final timing of closing remains uncertain and will depend on resolution of the remaining items. The Corporation will keep the market informed as material updates become available.

    ABOUT DUNDEE CORPORATION:

    Dundee Corporation is a public Canadian independent mining-focused holding company, listed on the Toronto Stock Exchange under the symbol “DC.A”. The Corporation is primarily engaged in acquiring mineral resource assets. The Corporation operates with the objective of unlocking value through strategic investments in mining projects globally. Our team conducts due diligence in order to assess the geological, technical, environmental, and financial merits and risks of each project and looks to deploy capital where it can either seek to generate investment returns or where the Corporation can collaborate with operating partners and take strategic partnerships through direct interests in mining operations.

    FORWARD-LOOKING STATEMENTS:

    This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects Dundee Corporation’s current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Dundee Corporation’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, the factors discussed under “Risk Factors” in the Annual Information Form of Dundee Corporation and subsequent filings made with securities commissions in Canada. Dundee Corporation does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    Investor and Media Relations
    T: (416) 864-3584
    E: ir@dundeecorporation.com

    The MIL Network –

    July 3, 2025
  • MIL-OSI: Petrus Resources Declares Monthly Dividend for July 2025

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, July 02, 2025 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable July 31, 2025, to shareholders of record on July 15, 2025. The dividend is designated as an eligible dividend for Canadian income tax purposes.

    Dividend Reinvestment Plan (“DRIP”)
    Petrus’ DRIP enables eligible shareholders to reinvest all or part of their cash dividends into additional common shares of the Company. Participation in the DRIP is optional. Eligible shareholders who elect to reinvest their cash dividends under the DRIP will receive common shares issued from treasury at a discount of 3% from the market price of the common shares.

    To participate in the DRIP, registered shareholders must deliver a properly completed enrollment form to Odyssey Trust Company (“Odyssey”) before 4:00 p.m. (Calgary time) on the 5th business day immediately preceding a dividend record date. Beneficial shareholders who wish to participate in the DRIP should contact their broker or other nominee through which their Common Shares are held to determine their eligibility and provide appropriate enrollment instructions. Participation by shareholders that are not resident in Canada may be restricted.

    A complete copy of the DRIP is available on the Company’s website at www.petrusresources.com and on Odyssey’s website at https://odysseytrust.com/faq/. A copy of the enrollment form for use by registered shareholders is available on Odyssey’s website at https://odysseytrust.com/faq/. For further information regarding the DRIP, please contact Odyssey at 1-888-290-1175 (Toll free in North America) or 1-587-885-0960.

    ABOUT PETRUS
    Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta.

    FOR FURTHER INFORMATION PLEASE CONTACT:
    Ken Gray
    President and Chief Executive Officer
    T: 403-930-0889
    E: kgray@petrusresources.com

    The MIL Network –

    July 3, 2025
  • MIL-OSI: PrairieSky Royalty Announces Conference Call for Q2 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, July 02, 2025 (GLOBE NEWSWIRE) — PrairieSky will release its Q2 2025 results on Monday, July 14, 2025 after markets close. The news release detailing PrairieSky’s Q2 2025 results will provide operating and financial information. Financial statements along with management’s discussion and analysis will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR+ at www.sedarplus.com.

    A conference call to discuss the results will be held for the investment community on Tuesday, July 15, 2025 beginning at 6:30 am MT (8:30 am ET). To participate in the conference call, you are asked to register at the link provided below. Details regarding the call will be provided to you upon registration.

    About PrairieSky Royalty Ltd.

    PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating free cash flow and that represent the largest and most concentrated independently-owned fee simple mineral title position in Canada. PrairieSky common shares trade on the Toronto Stock Exchange under the symbol PSK.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    PrairieSky Royalty Ltd.
    Investor Relations
    (587) 293-4000

    www.prairiesky.com

    PDF available: http://ml.globenewswire.com/Resource/Download/be0c67a5-d94d-4c62-b812-830eeb9df617

    The MIL Network –

    July 3, 2025
  • MIL-OSI: Mercury Selected to Improve U.S. Defense Supply Chain Resilience for Priority Domestic Microelectronics Technology

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., July 02, 2025 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing to the edge, today announced it has been selected by the U.S. Department of Defense (DoD) for funding through its Industrial Base Analysis and Sustainment (IBAS) Program to develop a next-generation RF signal conditioning multi-chip package (MCP). The IBAS Program aims to improve the readiness and competitiveness of the defense industrial base through investments in high-priority domestic technologies and supply chains.

    Under a two-year, $8.5 million contract with commercial partner Systems Innovation Engineering, Mercury will develop and demonstrate a new solution designed to enhance the performance and cost of X-band Active Electronically Steered Array (AESA) radars used in air, sea, and ground-based applications. This ultra-compact signal conditioning package will leverage Mercury expertise and innovation in microwave and mixed signal technologies to reduce the size, weight, and power requirements of these integrated assemblies by more than 80% compared to existing hardware. By leveraging state-of-the-art processes, this capability will be more producible, affordability will be improved, and high-volume missions will be enabled.

    “This award demonstrates DoD’s confidence in Mercury’s ability to rapidly develop innovative RF solutions that utilize a broad set of our in-house capabilities, spanning engineering design, advanced packaging, and high-volume manufacturing production,” said Ken Hermanny, Mercury’s Senior Vice President of Signal Technologies. “We’re building a first-of-its-kind signal conditioning module optimized for performance and scalable to meet future demands for a wide range of radar programs and customers.”

    “This effort exemplifies the power of our processing platform to bring together silicon-to-system innovation from across Mercury,” said Tony Trinh, Senior Director of Advanced Packaging within Mercury’s recently formed Advanced Concepts Group. “By drawing on capabilities from across our enterprise to build an integrated yet configurable, high-performance solution, we are accelerating technology insertion and supporting our customer’s mission with trusted, leading-edge technology.”

    “This capability will play a pivotal role in advancing RF sensor performance and readiness to counter the evolving threat landscape we will face in the years ahead,” said John Schofield, who supports the IBAS Program as a Chief Scientist assigned to the U.S. Naval Surface Warfare Center’s Crane Division. “It supports the warfighter by enabling faster, more reliable threat detection, delivered through trusted, U.S.-sourced innovation.”

    Mercury Systems – Innovation that matters®
    Mercury Systems is a technology company that delivers mission-critical processing to the edge, making advanced technologies profoundly more accessible for today’s most challenging aerospace and defense missions. The Mercury Processing Platform allows customers to tap into innovative capabilities from silicon to system scale, turning data into decisions on timelines that matter. Mercury’s products and solutions are deployed in more than 300 programs and across 35 countries, enabling a broad range of applications in mission computing, sensor processing, command and control, and communications. Mercury is headquartered in Andover, Massachusetts, and has more than 20 locations worldwide. To learn more, visit mrcy.com. (Nasdaq: MRCY)

    Forward-Looking Safe Harbor Statement
    This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the Company’s focus on enhanced execution of the Company’s strategic plan. You can identify these statements by the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, effects of any U.S. federal government shutdown or extended continuing resolution, effects of geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in or cost increases related to completing development, engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the U.S. government’s interpretation of, federal export control or procurement rules and regulations, including tariffs, changes in, or in the interpretation or enforcement of, environmental rules and regulations, market acceptance of the Company’s products, shortages in or delays in receiving components, supply chain delays or volatility for critical components, production delays or unanticipated expenses including due to quality issues or manufacturing execution issues, adherence to required manufacturing standards, capacity underutilization, increases in scrap or inventory write-offs, failure to achieve or maintain manufacturing quality certifications, such as AS9100, the impact of supply chain disruption, inflation and labor shortages, among other things, on program execution and the resulting effect on customer satisfaction, inability to fully realize the expected benefits from acquisitions, restructurings, and operational efficiency initiatives or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, effects of shareholder activism, increases in interest rates, changes to industrial security and cyber-security regulations and requirements and impacts from any cyber or insider threat events, changes in tax rates or tax regulations, such as the deductibility of internal research and development, changes to interest rate swaps or other cash flow hedging arrangements, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, litigation, including the dispute arising with the former CEO over his resignation, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 28, 2024 and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

    INVESTOR CONTACT
    Tyler Hojo
    Vice President, Investor Relations
    Tyler.Hojo@mrcy.com

    MEDIA CONTACT
    Turner Brinton
    Senior Director, Corporate Communications
    Turner.Brinton@mrcy.com

    The MIL Network –

    July 3, 2025
  • MIL-OSI: Mercury Selected to Improve U.S. Defense Supply Chain Resilience for Priority Domestic Microelectronics Technology

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., July 02, 2025 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing to the edge, today announced it has been selected by the U.S. Department of Defense (DoD) for funding through its Industrial Base Analysis and Sustainment (IBAS) Program to develop a next-generation RF signal conditioning multi-chip package (MCP). The IBAS Program aims to improve the readiness and competitiveness of the defense industrial base through investments in high-priority domestic technologies and supply chains.

    Under a two-year, $8.5 million contract with commercial partner Systems Innovation Engineering, Mercury will develop and demonstrate a new solution designed to enhance the performance and cost of X-band Active Electronically Steered Array (AESA) radars used in air, sea, and ground-based applications. This ultra-compact signal conditioning package will leverage Mercury expertise and innovation in microwave and mixed signal technologies to reduce the size, weight, and power requirements of these integrated assemblies by more than 80% compared to existing hardware. By leveraging state-of-the-art processes, this capability will be more producible, affordability will be improved, and high-volume missions will be enabled.

    “This award demonstrates DoD’s confidence in Mercury’s ability to rapidly develop innovative RF solutions that utilize a broad set of our in-house capabilities, spanning engineering design, advanced packaging, and high-volume manufacturing production,” said Ken Hermanny, Mercury’s Senior Vice President of Signal Technologies. “We’re building a first-of-its-kind signal conditioning module optimized for performance and scalable to meet future demands for a wide range of radar programs and customers.”

    “This effort exemplifies the power of our processing platform to bring together silicon-to-system innovation from across Mercury,” said Tony Trinh, Senior Director of Advanced Packaging within Mercury’s recently formed Advanced Concepts Group. “By drawing on capabilities from across our enterprise to build an integrated yet configurable, high-performance solution, we are accelerating technology insertion and supporting our customer’s mission with trusted, leading-edge technology.”

    “This capability will play a pivotal role in advancing RF sensor performance and readiness to counter the evolving threat landscape we will face in the years ahead,” said John Schofield, who supports the IBAS Program as a Chief Scientist assigned to the U.S. Naval Surface Warfare Center’s Crane Division. “It supports the warfighter by enabling faster, more reliable threat detection, delivered through trusted, U.S.-sourced innovation.”

    Mercury Systems – Innovation that matters®
    Mercury Systems is a technology company that delivers mission-critical processing to the edge, making advanced technologies profoundly more accessible for today’s most challenging aerospace and defense missions. The Mercury Processing Platform allows customers to tap into innovative capabilities from silicon to system scale, turning data into decisions on timelines that matter. Mercury’s products and solutions are deployed in more than 300 programs and across 35 countries, enabling a broad range of applications in mission computing, sensor processing, command and control, and communications. Mercury is headquartered in Andover, Massachusetts, and has more than 20 locations worldwide. To learn more, visit mrcy.com. (Nasdaq: MRCY)

    Forward-Looking Safe Harbor Statement
    This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the Company’s focus on enhanced execution of the Company’s strategic plan. You can identify these statements by the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, effects of any U.S. federal government shutdown or extended continuing resolution, effects of geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in or cost increases related to completing development, engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the U.S. government’s interpretation of, federal export control or procurement rules and regulations, including tariffs, changes in, or in the interpretation or enforcement of, environmental rules and regulations, market acceptance of the Company’s products, shortages in or delays in receiving components, supply chain delays or volatility for critical components, production delays or unanticipated expenses including due to quality issues or manufacturing execution issues, adherence to required manufacturing standards, capacity underutilization, increases in scrap or inventory write-offs, failure to achieve or maintain manufacturing quality certifications, such as AS9100, the impact of supply chain disruption, inflation and labor shortages, among other things, on program execution and the resulting effect on customer satisfaction, inability to fully realize the expected benefits from acquisitions, restructurings, and operational efficiency initiatives or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, effects of shareholder activism, increases in interest rates, changes to industrial security and cyber-security regulations and requirements and impacts from any cyber or insider threat events, changes in tax rates or tax regulations, such as the deductibility of internal research and development, changes to interest rate swaps or other cash flow hedging arrangements, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, litigation, including the dispute arising with the former CEO over his resignation, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 28, 2024 and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

    INVESTOR CONTACT
    Tyler Hojo
    Vice President, Investor Relations
    Tyler.Hojo@mrcy.com

    MEDIA CONTACT
    Turner Brinton
    Senior Director, Corporate Communications
    Turner.Brinton@mrcy.com

    The MIL Network –

    July 3, 2025
  • MIL-OSI: Steve Sanghi to Continue as Microchip CEO and President on a Permanent Basis

    Source: GlobeNewswire (MIL-OSI)

    CHANDLER, Ariz., July 02, 2025 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that Steve Sanghi has agreed to continue to serve as the company’s Chief Executive Officer and President on a permanent basis.  Mr. Sanghi had been serving in such roles on an interim basis since November 2024.  Mr. Sanghi will also continue to serve as Chair of the Microchip Board of Directors.  Prior to his retirement as Microchip’s CEO in 2021, Mr. Sanghi had served as Microchip’s CEO for almost 30 years.

    Microchip’s lead independent director, Matthew Chapman, stated that “The Board is delighted that Steve has agreed to continue as CEO and President on a permanent basis.  Since he assumed such roles on an interim basis, he has taken decisive action to design and implement a recovery plan to restore Microchip to its leadership position in the industry.  The Board believes that Steve is the best person to lead the company on a long-term basis to further execute on its objectives.”

    Mr. Sanghi commented, “I have been a leader of Microchip for over 30 years and look forward to continuing to serve the company on a long-term basis.  Although several of the elements of our recovery plan have been completed or substantially implemented, some of the other elements of the plan, such as achieving our long-term operating model, will require sustained efforts.  I am thankful that the Board is entrusting me to continue to guide the company towards achievement of its goals.”

    About Microchip:

    Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. The company’s solutions serve approximately 109,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.

    The Microchip logo and name are registered trademarks of Microchip Technology Incorporated.

    INVESTOR RELATIONS CONTACT:
    Sajid Daudi — Head of investor Relations….. (480) 792-7385

    The MIL Network –

    July 3, 2025
  • MIL-Evening Report: Thumbs up: good or passive aggressive? How emojis became the most confusing kind of online language

    Source: The Conversation (Au and NZ) – By Brittany Ferdinands, Lecturer in Digital Content Creation, Discipline of Media and Communications, University of Sydney

    The Conversation, CC BY

    Emojis, as well as memes and other forms of short-form content, have become central to how we express ourselves and connect online. Yet as meanings shift across different contexts, so too does the potential for misunderstanding.

    A senior colleague of mine recently encountered some commentary about the “slightly smiling” face emoji: 🙂

    They approached me, asking whether it represented joy, as they had assumed, or if it had a more ominous meaning.

    As a chronically-online millennial, who unironically identifies as a gen Z, I bore the news that I, along with most younger internet users, only ever use it sarcastically.

    “It doesn’t actually signify happiness – more so fake happiness, or dry humour,” I explained.

    I also told them how the thumbs up emoji is often interpreted as passive aggressive, and that the only time I’d use the laughing-crying (“face with tears of joy”) emoji is under duress.

    Despite seeming like a universal language – and sometimes they do function that way – emojis can be at once more vague, and more specific, than words. That’s because you can’t separate the meaning of a smiley from the person who sent it, nor from the person receiving it.

    Markers of age and identity

    While emojis were originally developed in the late 1990s by Japanese artist Shigetaka Kurita to add emotional nuance to text-based messaging, their function has since evolved.

    Today, emojis are not just emotional cues; they also operate as cultural symbols and markers of identity.

    Research published last year highlights how these symbols can create subtle communication barriers across age groups. For instance, a study of Chinese-speaking WeChat users found younger and older people differed not only in how frequently they used emojis, but in how they interpreted and aesthetically preferred them.

    One emoji that’s increasingly becoming a distinct marker of age is the previously mentioned laughing-crying emoji (😂). Despite being named Oxford Dictionary’s 2015 word of the year, and frequently topping the most-used emoji charts, this smiley is on the decline among gen Z – who decided in 2020 that it wasn’t cool anymore.

    Instead, they prefer the skull emoji (💀), which is shorthand for the gen Z catch phrase “I’m dead”. This means something is funny (not that they’re literally deceased).

    Such shifts may understandably be perplexing for older generations who are unfamiliar with evolving norms and slang.

    A digital body language

    Emojis can also take on distinct meanings on different platforms. They are embedded within “platform vernaculars”: the ever-evolving styles of communication that are unique to specific digital spaces.

    For example, a thumbs up emoji (👍) from your boss at work is seemingly more acceptable, and less anxiety inducing, than from a romantic interest you’ve just sent a risky text to.

    This dilemma was echoed in a recent viral TikTok by user @kaitlynghull, which prompted thousands to comment about their shared confusion over emoji use in the workplace.

    This reaction highlights a deeper communication issue.

    A survey of 10,000 workers across the US, France, Germany, India and Australia, conducted by YouGov and software company Atlassian, found 65% of workers used emojis to convey tone in the workplace. But while 88% of gen Z workers thought emojis were helpful, this dropped to 49% for baby boomers and gen X.

    The survey concluded some emojis can be interpreted in multiple ways, and these double meanings aren’t always safe for work.

    In with the ‘it’ crowd

    Another example of platform-specific emoji use comes from social media content creators who deploy emojis to curate a certain aesthetic.

    Under the Tiktok tag #emojicombo, you’ll find thousands of videos showcasing emoji combinations that provide aesthetic “inspo”. These combinations are used to represent different online identities or subcultures, such as “that girl”, “clean girl” or “old money”.

    Users may include the combinations in their captions or videos to signal their personal style, or to express the mood or vibe of their online persona. In this way, the emojis help shape how they present themselves on the platform.

    This example of emoji use is also a display of symbolic capital. It signals social alignment, in an environment where a user’s visibility (and popularity) is determined by their platform fluency.

    Emojis, then, aren’t just tools for expression. They are badges of identity that index where a user stands in the online cultural hierarchy.

    There’s a fragmentation in how we relate

    A single emoji might communicate irony, sincerity or sarcasm, depending on who is using it, what platform they’re using it on, and what generation they belong to.

    This gap points to deeper questions around online access and participation, and the systems that shape online cultures.

    And when the meaning of an emoji is platform-dependent and socially stratified, it can become as much about fitting in with a cultural in-group than conveying emotion.

    Brittany Ferdinands 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. Thumbs up: good or passive aggressive? How emojis became the most confusing kind of online language – https://theconversation.com/thumbs-up-good-or-passive-aggressive-how-emojis-became-the-most-confusing-kind-of-online-language-259151

    MIL OSI Analysis – EveningReport.nz –

    July 3, 2025
  • MIL-Evening Report: Australia’s superannuation regulator is worried about your fund’s spending. Should you be?

    Source: The Conversation (Au and NZ) – By Mark Melatos, Associate Professor of Economics, University of Sydney

    GettyImages skynesher/Getty

    Australia’s superannuation regulator has written to Australian superannuation funds raising concerns their spending might not be benefiting members.

    The Australian Prudential Regulation Authority is not just concerned with the type of expenses, but with the corporate governance around their approval, evaluation and reporting.

    The letter refers to a “lack of robust governance and oversight of fund expenditure” and funds making “decisions not supported by an expenditure management framework”.

    Concern about funds’ spending and governance has grown since construction industry super fund, CBUS, last year admitted it spent A$387,000 of members’ retirement savings on a 40th birthday bash attended by 750 guests.

    At the same time the fund was being criticised for its links with the Construction, Forestry, Maritime Employees Union as three of its board members were members. The union was alleged to have been infiltrated by criminal elements.

    Protecting members

    Since July 1 2021, legislation requires regulated superannuation funds – industry and retail funds, but not self-managed funds – to act in the best financial interests of their members. This is referred to as their “best financial interest duty”.

    In the superannuation industry, what economists call the principal-agent problem – in this case, ensuring super fund trustees (agents) protect the financial interests of members (principals) whose retirement savings they manage – is particularly acute.

    Compared to public company shareholders, for example, super fund members have little opportunity to monitor and challenge management decisions. This includes spending decisions that affect their super balance. There is no annual general meeting at which members can vote or question their fund’s trustees.

    Fund members also cannot rely to the same extent as shareholders on the market to optimise the performance of management. The threat of takeover and replacement of executives tends to be lower than for publicly listed companies. Apart from switching funds, the regulator’s oversight and enforcement are the main protection for members against trustee maladministration or malfeasance.

    There is also a significant public interest in ensuring each super fund meets its financial duty obligations. The squandering of a member’s retirement savings increases the likelihood they will need to rely on the public pension, a cost for all taxpayers.

    Can super fund expenses be justified?

    It has been reported that spending under the regulator’s microscope includes “sports sponsorships, travel, conferences and other payments to affiliated unions or employer groups”.

    Whether or not such expenses are compatible with members’ best financial interests is often difficult to judge. That is why funds are being asked to report and justify expenses more transparently.

    For example, a fund’s spending on marketing and travel might be consistent with best financial interest duty if there is scope associated with increased membership and funds under management.

    There are significant fixed administration and regulatory costs associated with running a super fund.

    Core customer service functions, such as processing death benefit claims, require sensitive (and expensive) handling.

    Spreading such costs over more members likely helps reduce fees charged to members and can encourage investment in improved customer service.

    Large super funds are increasingly investing in alternative assets such as private equity and taking direct stakes in bespoke projects (such as airport ownership and apartment construction). While such investments can enhance returns, they usually require access to significant financial firepower.

    Bigger may not always be better

    In short, if size matters, and if, for example, sports sponsorship allows super funds to grow cost-effectively, then marketing and travel expenses may be compatible with best financial interest requirements. That might even include an executive’s travel to the AFL Grand Final to network with potential co-investors.

    Neverthless, there may also be disadvantages associated with increased fund size. Larger funds are likely to find it harder to outperform the market and their peers, at least when investing in listed equities. So spending to grow membership may not always be in members’ interests.

    Whether super fund payments to affiliated unions or employer groups are justifiable is complicated by legislative requirements. While a fund cannot give benefits to an employer or union, it can give benefits to a firm’s employees or a union’s members. This might include preferential death benefits or financial literacy seminars.

    Questionable expenses

    Some fund expenses might reflect the pursuit of “private benefits” by super fund executives or trustees. They might, for example, approve questionable investments that burnish their CVs for their next corporate gig. Or they might approve sponsorship of a football team so they can network with potential future employers or business partners at a game.

    More innocently, but no less perniciously, the executive remuneration consultants super funds hire may define key performance indicators that are inappropriate for super fund executives (for example, membership growth at all costs).

    What can the regulator do?

    The superannuation regulator has broad powers to license and supervise superannuation funds to ensure they “keep the financial promises” made to their members.

    Ultimately, a fund’s trustees are responsible for ensuring the fund is meeting its financial interests obligations.

    One tool at the regulator’s disposal is to seek a court enforceable undertaking from an offending fund. This is a legal promise to address governance and legislative breaches. Failure to deliver can jeopardise a fund’s licence to operate.

    Ultimately, the legal burden of proof in any civil legal action to show they have met their best financial interests responsibilities, now lies with the trustees.

    Now the Prudential Regulation Authority has put super funds on notice to lift their game.

    Mark Melatos 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. Australia’s superannuation regulator is worried about your fund’s spending. Should you be? – https://theconversation.com/australias-superannuation-regulator-is-worried-about-your-funds-spending-should-you-be-259881

    MIL OSI Analysis – EveningReport.nz –

    July 3, 2025
  • MIL-Evening Report: More and more tourists are flocking to Antarctica. Let’s stop it from being loved to death

    Source: The Conversation (Au and NZ) – By Darla Hatton MacDonald, Professor of Environmental Economics, University of Tasmania

    VCG via Getty Images

    The number of tourists heading to Antarctica has been skyrocketing. From fewer than 8,000 a year about three decades ago, nearly 125,000 tourists flocked to the icy continent in 2023–24. The trend is likely to continue in the long term.

    Unchecked tourism growth in Antarctica risks undermining the very environment that draws visitors. This would be bad for operators and tourists. It would also be bad for Antarctica – and the planet.

    Over the past two weeks, the nations that decide what human activities are permitted in Antarctica have convened in Italy. The meeting incorporates discussions by a special working group that aims to address tourism issues.

    It’s not easy to manage tourist visitors to a continent beyond any one country’s control. So, how do we stop Antarctica being loved to death? The answer may lie in economics.

    Future visitor trends

    We recently modelled future visitor trends in Antarctica. A conservative scenario shows by 2033–34, visitor numbers could reach around 285,000. Under the least conservative scenario, numbers could reach 450,000 – however, this figure incorporates pent-up demand from COVID shutdowns that will likely diminish.

    The vast majority of the Antarctic tourism industry comprises cruise-ship tourism in the Antarctic Peninsula. A small percentage of visitors travel to the Ross Sea region and parts of the continent’s interior.

    Antarctic tourism is managed by an international set of agreements together known as the Antarctic Treaty System, as well as the International Association of Antarctica Tour Operators (IAATO).

    The Treaty System is notoriously slow-moving and riven by geopolitics, and IAATO does not have the power to cap visitor numbers.

    Pressure on a fragile continent

    About two-thirds of Antarctic tourists land on the continent. The visitors can threaten fragile ecosystems by:

    • compacting soils
    • trampling fragile vegetation
    • introducing non-native microbes and plant species
    • disturbing breeding colonies of birds and seals.

    Even when cruise ships don’t dock, they can cause problems such as air, water and noise pollution – as well as anchoring that can damage the seabed.

    Then there’s carbon emissions. Each cruise ship traveller to Antarctica typically produces between 3.2 and 4.1 tonnes of carbon, not including travel to the port of departure. This is similar to the carbon emissions an average person produces in a year.

    Global warming caused by carbon emissions is damaging Antarctica. At the Peninsula region, glaciers and ice shelves are retreating and sea ice is shrinking, affecting wildlife and vegetation.

    Of course, Antarctic tourism represents only a tiny fraction of overall emissions. However, the industry has a moral obligation to protect the place that maintains it. And tourism in Antarctica can compound damage from climate change, tipping delicate ecosystems into decline.

    Some operators use hybrid ships and less polluting fuels, and offset emissions to offer carbon-neutral travel.

    IAATO has pledged to halve emissions by 2050 – a positive step, but far short of the net-zero targets set by the International Maritime Organization.

    Can economics protect Antarctica?

    Market-based tools – such as taxes, cap-and-trade schemes and certification – have been used in environmental management around the world. Research shows these tools could also prevent Antarctic tourist numbers from getting out of control.

    One option is requiring visitors to pay a tourism tax. This would help raise revenue to support environmental monitoring and enforcement in Antarctica, as well as fund research.

    Such a tax already exists in the small South Asian nation of Bhutan, where each tourist pays a tax of US$100 (A$152) a night. But while a tax might deter the budget-conscious, it probably wouldn’t deter high income, experience-driven tourists.

    Alternatively, a cap-and-trade system would create a limited number of Antarctica visitor permits for a fixed period. The initial distribution of permits could be among tourism operators or countries, via negotiation, auction or lottery. Unused permits could then be sold, making them quite valuable.

    Caps have been successful at managing tourism impacts elsewhere, such as Lord Howe Island, although there are no trades allowed in that system.

    Any cap on tourist numbers in Antarctica, and rules for trading, must be based on evidence about what the environment can handle. But there is a lack of precise data on Antarctica’s carrying capacity. And permit allocations amongst the operators and nations would need to be fair and inclusive.

    Alternatively, existing industry standards could be augmented with independent schemes certifying particular practices – for example, reducing carbon footprints. This could be backed by robust monitoring and enforcement to avoid greenwashing.

    Looking ahead

    Given the complexities of Antarctic governance, our research finds that the most workable solution is a combination of these market-based options, alongside other regulatory measures.

    So far, parties to the Antarctic treaty have made very few binding rules for the tourism industry. And some market-based levers will be more acceptable to the parties than others. But doing nothing is not a solution.


    The authors would like to acknowledge Valeria Senigaglia, Natalie Stoeckl and Jing Tian and the rest of the team for their contributions to the research upon which this article was based.

    Darla Hatton MacDonald receives funding from the Australian Research Council, the Australian Forest and Wood Innovations Centre, the Department of Climate Change, Energy, the Environment and Water, and the Soils CRC. She has received in-kind support from Antarctic tour operator HX.

    Elizabeth Leane receives funding from the Australian Research Council, the Dutch Research Council, and DFAT. She also receives in-kind support and occasional funding from Antarctic tourism operator HX and in-kind support from other tour operators.

    – ref. More and more tourists are flocking to Antarctica. Let’s stop it from being loved to death – https://theconversation.com/more-and-more-tourists-are-flocking-to-antarctica-lets-stop-it-from-being-loved-to-death-258294

    MIL OSI Analysis – EveningReport.nz –

    July 3, 2025
  • MIL-Evening Report: Lung cancer screening hopes to save lives. But we also need to watch for possible harms

    Source: The Conversation (Au and NZ) – By Katy Bell, Professor of Clinical Epidemiology, Sydney School of Public Health, University of Sydney

    There is much to commend about Australia’s lung cancer screening program, which started on July 1.

    The program is based on gold-standard trial evidence showing this type of screening is likely to reduce lung cancer deaths.

    Some people will have their life prolonged due to this screening, which involves taking low-dose CT scans to look for lung cancer in people with a significant smoking history.

    In some of these people, cancer will be detected at an early stage, and they can be treated. Without screening, these people may have died of cancer because it would have been detected at a later, incurable stage.

    However, for some people, screening could also harm.

    How can screening harm?

    Screening for disease, including cancer, can cause harm – during screening, diagnosis and treatment.

    With lung cancer screening, a positive scan can prompt an invasive lung biopsy. This is where a sample of lung tissue is obtained with a special needle guided by imaging, or through surgery under anaesthesia.

    If, after examination under the microscope, the pathologist thinks there is lung cancer, then more extensive surgery and other treatments will likely follow, all of which have a risk of side effects.

    The diagnostic label “lung cancer” itself is distressing, and the stigma attached to the diagnosis may worsen this distress.

    These harms and risks may be considered acceptable if the treatment prevents the person’s cancer from progressing.

    However, as with other cancers, screening is likely to also cause overdiagnosis and overtreatment. That is, some of the lesions picked up through screening and diagnosed as cancer, would have never caused any trouble if they’d been left alone. If these lesions were left undetected (and untreated), they would never have caused symptoms or shortened the person’s life.

    But all patients with a cancer diagnosis will be offered treatment – including surgery, radiotherapy and cancer drugs. Yet patients who really have an indolent (non-lethal) lesion have the same risk of harm from diagnosis and treatment as others, but without potentially benefiting from treatment.

    A related issue is that of “incidental findings”. Reports from lung cancer screening programs overseas show there is a large potential to find things other than cancer on the CT scan.

    For instance, some people have lung “nodules” (small spots on the scan) that fall short of being suspicious for cancer, but nonetheless need close monitoring with repeat scans for a while. For these people, we need to make sure health-care workers follow protocols that prevent unnecessary intervention in a nodule that is not growing.

    The scans can also pick up other conditions. These include calcium in coronary arteries, small aneurysms of the aorta (bulges in the body’s largest artery), or abnormalities in abdominal organs such as the liver.

    Some of these “incidental findings” may lead to early detection of disease that can be treated. However, in many cases the findings would not have caused any issues if they’d been left undetected, another example of overdiagnosis. These patients experience risks from further cascades of interventions triggered by the incidental finding, but without these interventions improving their health.

    The potential for overdiagnosis and overtreatment is greater if screening extends beyond the high-risk group with a history of heavy smoking. Some people who don’t meet the eligibility criteria may still want to be screened. For example, lung cancer awareness campaigns may lead to people who don’t smoke requesting screening. If screening staff decide to refer them for imaging, this may result in unofficial “leakage” of the screening program to include people at lower risk of cancer.

    For example in the United States, an estimated 45% of scans done in its screening program are for people who do not meet eligibility criteria. In China, about 64% of those screened may be technically ineligible.

    We see the results of this in a number of Asian countries with widespread, non-targeted screening, including of people who do not smoke. This has resulted in high rates of cancer diagnosis – much higher than we would expect in this low-risk group – and even higher rates of lung surgeries.

    These surgeries, which involve cutting into the chest wall to remove lung tissue, carry significant operative risks. They may also cause longer-term impacts by removing normal lung tissue.

    Regular independent evaluation needed

    In Australia, for the eligible population with a significant smoking history, we anticipate net benefit, on balance, from the screening program.

    However, if unintended consequences from screening are higher in real life than in the trials, then this could tip it the other way into net harm.

    So, regular independent re-evaluation of the program is needed to ensure anticipated benefits are realised and harms are kept to a minimum.

    This should include analysis of data across the population to look for signs of benefit, such as decreases in rates of advanced-stage lung cancer and deaths.

    These data should also be scrutinised for signs of harm from overdiagnosis and overtreatment – including of both cancer and non-cancer conditions.

    There is much excitement about the potential for lung cancer screening to prevent some Australians from dying from this devastating disease. We too have cautious optimism the program could make a real difference.

    But we can’t let this optimism blind us to the potential for harm.


    This is the next article in our ‘Finding lung cancer’ series, which explores Australia’s first new cancer screening program in almost 20 years. Read other articles in the series.

    More information about the program is available. If you need support to quit smoking, call Quitline on 13 78 48.

    Katy Bell receives funding from NHMRC. She co-leads the Wiser Healthcare Research Collaboration and is on the Board of the Preventing Overdiagnosis Conference.

    Brooke Nickel receives fellowship funding from the National Health and Medical Research Council (NHMRC). She is on the Scientific Committee of the Preventing Overdiagnosis Conference.

    Professor Mark Morgan is chair of the RACGP Expert Committee for Quality Care and receives research support from the Medical Research Future Fund.

    – ref. Lung cancer screening hopes to save lives. But we also need to watch for possible harms – https://theconversation.com/lung-cancer-screening-hopes-to-save-lives-but-we-also-need-to-watch-for-possible-harms-253625

    MIL OSI Analysis – EveningReport.nz –

    July 3, 2025
  • MIL-OSI Europe: Answer to a written question – Nutritional care – E-001593/2025(ASW)

    Source: European Parliament

    The Commission, in line with the Parliament’s Special Committee on Beating Cancer report[1], recognises the importance of nutritional support in cancer care.

    The review of Europe’s Beating Cancer Plan[2] updated on its implementation. Based on stakeholder consultations, it concluded that the current Cancer Plan remains relevant, with the focus on continuing to implement ongoing actions. As the review was just published in February 2025, the Commission is not currently planning an additional review.

    Through the EU funded project INTERACT-EUROPE 100[3], training to ensure diagnosis of malnutrition risks and personalised nutrition interventions is provided to health professionals.

    This inter-specialty training programme is being implemented in 100 cancer centres across the EU. A dedicated course covers nutritional aspects in cancer, including its impact on treatment outcomes, nutritional screening, interventions, and nutrition in palliative and end-of-life care.

    Furthermore, the European Quality Assurance Scheme for Breast Cancer Services, developed by the Commission’s Joint Research Centre, supports quality improvement across the entire care pathway.

    The scheme recommends that breast cancer services offer nutrition counselling. To be certified according to the scheme, services need to have protocols in place covering nutrition and physical activity programmes.

    The Commission also recognises the importance of nutritional care in cancer survivors. The Joint Action JANE[4] is creating seven cancer-related Networks of Expertise.

    In particular, the Survivorship Network intends to create a framework to follow-up care, prioritising the prevention and management of adverse effects, with an emphasis on nutrition and diet.

    • [1] https://www.europarl.europa.eu/cmsdata/243836/BECA%20final%20report_tabled_PE693752v02-00EN.pdf.
    • [2] https://health.ec.europa.eu/publications/europes-beating-cancer-plan_en.
    • [3] https://www.europeancancer.org/eu-projects/impact/interact-europe-100.
    • [4] https://jane-project.eu/.

    MIL OSI Europe News –

    July 3, 2025
  • MIL-OSI Europe: Written question – EU funding of Israeli companies involved in the ongoing genocide in Palestine – E-002540/2025

    Source: European Parliament

    Question for written answer  E-002540/2025
    to the Commission
    Rule 144
    Anthony Smith (The Left), Manon Aubry (The Left), Damien Carême (The Left), Marina Mesure (The Left), Arash Saeidi (The Left), Emma Fourreau (The Left), Rima Hassan (The Left), Younous Omarjee (The Left), Leila Chaibi (The Left)

    Last October, we sent the European Commission Question for written answer E-001930/2024/rev.1[1] on support from the Horizon Europe programme for Israeli companies involved in the ongoing genocide in Palestine. In response, the Commission said it was unaware of such practices and reiterated that the funded projects were closely monitored and conditional on respect for human rights in accordance with Article 2 of the EU-Israel Association Agreement.

    However, a recent investigation by journalists[2] has revealed that EUR 42 million from the European Defence Fund, as well as funds from seven other European countries, have been allocated to the ACTUS project. EUR 14 million of this funding were provided to a subsidiary of Israel Aerospace Industries, Israel’s leading defence company, for building drones. This support is in addition to the millions of euros from the Horizon programme dedicated to military research involving Israeli ministries and military companies[3].

    In light of the above:

    • 1.Does the European Commission intend to condemn participation in the genocide in Gaza by Israeli companies receiving EU funds?
    • 2.Does it plan to stop these companies from receiving EU financial support?
    • 3.Will it propose suspending the EU-Israel Association Agreement to the Council, in order to fully respect human rights commitments?

    Submitted: 24.6.2025

    • [1] https://www.europarl.europa.eu/doceo/document/E-10-2024-001930_EN.html
    • [2] https://disclose.ngo/fr/article/la-france-et-leurope-financent-sans-le-dire-lindustrie-militaire-israelienne.
    • [3] https://www.lecho.be/economie-politique/europe/general/des-fonds-europeens-de-recherche-financent-la-defense-israelienne/10609758.html.
    Last updated: 2 July 2025

    MIL OSI Europe News –

    July 3, 2025
  • MIL-OSI: TopLine Credit Union Members And Employees Donate Clothing And Shoes

    Source: GlobeNewswire (MIL-OSI)

    MAPLE GROVE, Minn., July 02, 2025 (GLOBE NEWSWIRE) — TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, held their fourth annual clothing and shoe drive during the month of May benefitting three local non-profits, African Education and Health Initiative (AFEDHI), Union Gospel Mission and YMCA of the North Youth and Family Services. TopLine members and employees generously donated shirts, jeans, socks, shoes and more to help neighbors in need.

    Employees were able to participate by donating clothing items, shoes and money in exchange for a “Foundation Friday/Saturday” sticker, allowing them to wear jeans to work. TopLine and community members could also purchase items from the credit union’s Amazon Wishlist or Target Registry and have them delivered directly to TopLine, and in return delivered to charitable partners. When the program ended employees and members had donated more than 1,300 pounds of clothing and shoes and $1,100 in cash to assist local individuals and families.

    “Thank you to all of our generous donors, employees and members, who contributed clothing and shoes to our annual donation drive,” says Mick Olson, TopLine President and CEO. “We are proud to support our community non-profit partners who empower individuals and families on their path to independence.”

    African Education and Health Initiative (AFEDHI) is a non-profit organization with a vision to ensure that African students in rural areas and suburbs, have access to educational materials such as books, computers and other reading aids to support their educational needs and goals. For more information or to donate, visit https://afedhi.org/.

    Union Gospel Mission Twin Cities is a Christian ministry dedicated to serving people facing homelessness, poverty, or addiction in the community. Union Gospel Mission helps people rebuild their lives through a variety of time-tested and proven life-changing programs. To learn more, visit https://www.ugmtc.org/.

    The YMCA of the North Youth and Family Services is a leading nonprofit dedicated to strengthening communities through youth development, healthy living and social responsibility. To Learn more about the Y’s mission and work, visit ymcanorth.org/youthandfamilyservices.

    TopLine Financial Credit Union, a Twin Cities-based credit union, is Minnesota’s 9th largest credit union, with assets of over $1.1 billion and serves over 70,000 members. Established in 1935, the not-for-profit financial cooperative offers a complete line of financial services from its ten branch locations — in Bloomington, Brooklyn Park, Champlin, Circle Pines, Coon Rapids, Forest Lake, Maple Grove, Plymouth, St. Francis and in St. Paul’s Como Park — as well as by phone and online at www.TopLinecu.com. Membership is available to anyone who lives, works, worships, attends school or volunteers in Anoka, Benton, Carver, Chisago, Dakota, Hennepin, Isanti, Kanabec, Mille Lacs, Pine, Ramsey, Scott, Sherburne, Washington and Wright counties in Minnesota and their immediate family members, as well as employees and retirees of Anoka Hennepin School District #11, Anoka Technical College, Federal Premium Ammunition, Hoffman Enclosures, Inc., GRACO, Inc., and their subsidiaries. Visit us on our Facebook or Instagram. To learn more about the credit union’s foundation, visit www.TopLinecu.com/Foundation.

    CONTACT:
    Vicki Roscoe Erickson
    Senior Vice President and Chief Marketing Officer
    TopLine Financial Credit Union
    verickson@toplinecu.com | 763.391.0872

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4bf0d14e-f8ac-4d2c-a758-1c1f678f8c97

    The MIL Network –

    July 3, 2025
  • US gives India priority as key South Asia defence partner: Pete Hegseth

    Source: Government of India

    Source: Government of India (4)

    The US gives India priority as its “key defence partner in South Asia”, Defence Secretary Pete Hegseth has affirmed to Defence Minister Rajnath Singh, according to Pentagon spokesperson Colonel Chris Devine.

    “When he spoke to Rajnath Singh on Tuesday, Hegseth emphasised the priority the US places on India as its key defence partner in South Asia,” Devine said.

    He pointed out that both leaders reviewed the considerable progress the two countries have made toward achieving the defence goals set out in the February 2025 joint statement by President Donald Trump and Prime Minister Narendra Modi, and agreed to sign the next ten-year US-India Defence Framework when they meet later this year.

    “They also discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries,” he added.

    After the call, Rajnath Singh posted on X that they had an excellent discussion to review ongoing and new initiatives to further deepen the India-US defence partnership and strengthen cooperation in capacity building.

    He conveyed his deep appreciation for the unwavering support extended by the US to India in its fight against terrorism, and said he was looking forward to meeting Hegseth at an early date.

    Rajnath Singh spoke to Hegseth before the US official met with visiting External Affairs Minister (EAM) S. Jaishankar at the Pentagon.

    After that meeting, the Pentagon said EAM Jaishankar and Hegseth discussed participation in the next INDUS-X Summit, where the two nations will continue to build on US-India defence industrial cooperation and produce new innovations in technology and manufacturing.

    The defence framework also figured in their talks.

    The Pentagon said Hegseth told Jaishankar that the US and India are mutually aware of the security concerns in the region, and that both nations have the ability to counter those threats together.

    Defence cooperation between India and the US is one of the most consequential pillars of the bilateral relationship, said EAM Jaishankar.

    The defence framework comes under the US-India COMPACT (Catalysing Opportunities for Military Partnership, Accelerated Commerce & Technology) for the 21st Century, which was agreed to by President Trump and PM Modi at their Washington meeting in February and covers cooperation in a wide range of areas, from defence and security to trade and space.

    PM Modi and Trump announced plans for new procurements and co-production arrangements for Javelin anti-tank guided missiles and Stryker armoured vehicles, as well as the acquisition of six additional P-8I maritime patrol aircraft, according to the Pentagon.

    India has already integrated various US weapons systems into its military, including the C-130J Super Hercules, C-17 Globemaster III, and P-8I Poseidon aircraft, as well as the CH-47F Chinook, MH-60R Sea Hawk, and AH-64E Apache helicopters.

    It also utilises Harpoon anti-ship missiles, M777 howitzers, and MQ-9B Sky Guardians, it said.

    IANS

    July 3, 2025
  • MIL-OSI: Brain Defender Supplement Officially Launches: Natural Memory Lift Support and Brain Health Enhancement

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 02, 2025 (GLOBE NEWSWIRE) —

    We are proud to announce the official launch of Brain Defender, our groundbreaking cognitive support formula designed to enhance mental clarity, focus, memory, and long-term brain health. Developed with a powerful blend of science-backed ingredients, Brain Defender offers a natural, stimulant-free solution for individuals seeking peak cognitive performance. Whether you’re a student, professional, or simply focused on healthy aging, Brain Defender empowers your mind to perform at its best. With a commitment to purity, quality, and results, Brain Defender marks a new era in brain wellness. Now available exclusively through our official website—experience the power of sharper thinking today.

    Brain Defender In an era where mental performance is more essential than ever, the unveiling of Brain Defender marks a significant leap forward in the pursuit of optimal brain health. Designed with a powerful fusion of science-backed ingredients, Brain Defender emerges as a holistic solution for individuals seeking sharper focus, increased cognitive endurance, and better memory function. Click Here to Visit Official Website

    With this official launch, Brain Defender aims to lead a transformative shift in how individuals support brain wellness—by blending natural nutrients, neuroprotective compounds, and advanced botanical extracts into one streamlined supplement. 

    Brain Defender: Purpose-Built for Cognitive Protection and Advancement

    Brain Defender is not just another brain supplement—it’s the culmination of extensive research into the neurological needs of the modern mind. The brand’s development was driven by the rising demand for cognitive resilience in the face of stress, fatigue, aging, and digital overstimulation. From students and professionals to older adults prioritizing longevity, Brain Defender Supplement has been formulated to offer powerful cognitive support tailored for all lifestyles.

    Each capsule contains a precise synergy of vitamins, adaptogens, amino acids, and plant-based nootropics that are believed to help nurture neuron pathways, support neurotransmitter balance, and strengthen mental clarity.

    Scientific Rationale Behind Brain Defender’s Development

    The core of Brain Defender’s formulation lies in an understanding of how the brain operates under daily cognitive demand. As individuals navigate through complex tasks, multitasking, and long periods of concentration, the brain often endures oxidative stress, neurotransmitter imbalance, and a decrease in key nutrients that help maintain mental acuity.

    Brain Defender was meticulously developed to address these challenges. Brain Defender Supplement includes well-researched components such as Bacopa monnieri, Ginkgo biloba, phosphatidylserine, and L-theanine—each selected for its known role in cognitive enhancement and neuroprotection.

    This evidence-based approach ensures that Brain Defender doesn’t just aim for short bursts of alertness—it works to create a foundation for long-term mental performance, mental calmness, and sharp thinking.

    Key Ingredients That Power Brain Defender

    Brain Defender’s proprietary blend is rooted in transparency and effectiveness. Here is a breakdown of its most notable components and their benefits:

    Bacopa Monnieri

    Traditionally used in Ayurvedic medicine, Bacopa is recognized for promoting attention span and memory processing. It is believed to support dendrite branching, which plays a critical role in long-term memory retention.

    Ginkgo Biloba

    Ginkgo helps support cerebral circulation, delivering oxygen and nutrients to the brain. This botanical extract is associated with improvements in alertness and cognitive endurance.

    Phosphatidylserine

    This phospholipid is essential for healthy brain cell membranes. It contributes to communication between neurons and has been linked to cognitive fluidity and better memory encoding.

    L-Theanine

    Sourced from green tea, L-theanine promotes calm focus by increasing alpha brain wave activity. This amino acid helps reduce mental distractions while enhancing a state of relaxed alertness.

    Click Here to Get Brain Defender – Power Up Your Mind Today!

    Rhodiola Rosea

    An adaptogen known for its ability to help the body cope with stress, Rhodiola is included to improve stamina, reduce brain fog, and promote a resilient mental state.

    Vitamin B Complex

    Essential B vitamins, including B6, B9 (folate), and B12, are vital for neurotransmitter function, energy metabolism, and brain cell nourishment.

    Acetyl-L-Carnitine (ALCAR)

    This amino acid supports mitochondrial function and assists in producing the energy required for sustained cognitive performance.

    Behind the Brand: The Mission of Brain Defender

    Brain Defender was conceived with a bold mission:

    “To empower the brain with the nourishment, clarity, and defense it needs in a demanding, overstimulated world.”

    Modern lifestyles—filled with digital distractions, chronic stress, lack of sleep, poor diets, and aging—take a toll on mental clarity. Brain Defender was developed as a long-term solution, not a temporary stimulant, to help restore and protect cognitive function naturally and effectively.

    What Brain Defender Aims to Solve

    Brain Defender supports individuals dealing with:

    • Mental fatigue
    • Lack of concentration
    • Forgetfulness
    • Low motivation or productivity
    • Stress-induced brain fog
    • Age-related cognitive slowdown

    By focusing on the root causes—such as oxidative stress, neurotransmitter imbalances, and poor nutrient availability—Brain Defender provides the brain with tools to perform optimally every day.

    Brain Defender Formulation Philosophy

    Brain Defender uses a synergistic approach. Rather than relying on a single “miracle” ingredient, it combines multiple compounds known to benefit different aspects of cognition, including:

    1. Neuroprotection – safeguarding neurons from damage
    2. Neurogenesis support – encouraging new brain cell growth
    3. Neurotransmitter balance – improving communication between brain cells
    4. Blood flow enhancement – delivering more oxygen and nutrients to the brain

    The product is free from stimulants like caffeine and is non-habit-forming, making it safe for long-term daily use.

    Additional Noteworthy Ingredients

    In addition to the previously mentioned core ingredients, Brain Defender includes:

    • Lion’s Mane Mushroom – A mushroom extract studied for its ability to stimulate Nerve Growth Factor (NGF), potentially supporting regeneration of brain cells.
    • Citicoline (CDP-Choline) – Supports phospholipid synthesis and memory formation.
    • Huperzine A – A plant-based compound that may inhibit acetylcholinesterase, helping to sustain neurotransmitter levels related to memory and alertness.
    • Ashwagandha Root Extract – Known for its calming, anti-stress adaptogenic effects, promoting a relaxed yet alert cognitive state.

    Manufacturing & Quality Standards

    • GMP-Certified Facility: Brain Defender is produced in a facility compliant with Good Manufacturing Practices (GMP).
    • USA-Made: Manufactured in the United States under strict quality control.
    • Third-Party Tested: Each batch is tested for contaminants, potency, and purity.
    • Vegan-Friendly: Capsules are made from plant cellulose.
    • Free From: Gluten, soy, dairy, artificial sweeteners, and preservatives.

    Who Should Consider Brain Defender Supplement?

    Brain Defender is ideal for:

    • Students preparing for exams or seeking sharper recall
    • Professionals who need sustained attention during long work hours
    • Entrepreneurs and creatives seeking mental energy and clarity
    • Seniors interested in maintaining mental agility as they age
    • Health-conscious individuals looking to support brain longevity

    How to Use Brain Defender

    Suggested Use:
    Take 2 capsules daily, preferably with breakfast. For best results, consistent use over a minimum of 30 days is encouraged. Some users may begin to feel subtle improvements in focus and clarity within the first week.

    The Future of Brain Wellness Starts Here

    As we continue into an era where mental performance is vital, Brain Defender Supplement positions itself as more than a supplement—it’s a lifestyle ally. Whether it’s preparing for a boardroom presentation, tackling a creative project, or simply striving to stay mentally agile into your 70s and beyond, Brain Defender is committed to supporting your journey.

    Why Brain Defender Is Different

    While the market is flooded with products promising cognitive enhancement, Brain Defender Supplement stands apart due to its commitment to ingredient synergy, clean formulation, and user-centric design. Here’s what defines the Brain Defender approach:

    • Clinical Doses: Every ingredient is dosed based on studies suggesting the most effective range for cognitive support.
    • No Artificial Fillers: The formula is non-GMO, gluten-free, and free of synthetic additives, preservatives, or stimulants.
    • Long-Term Focus: Brain Defender is not a quick fix. It is intended for sustained use to fortify mental health, protect brain structures, and encourage continuous cognitive function.

    Designed for Modern Lifestyles

    Whether managing a demanding career, preparing for examinations, or simply striving for better focus during daily routines, Brain Defender provides support for those moments that matter.

    For Students and Academics

    Focus and memory retention are vital for academic performance. Brain Defender’s adaptogenic and nootropic combination can aid in learning, information processing, and mental stamina.

    Click Here to Get Brain Defender – Power Up Your Mind Today!

    For Busy Professionals

    Professionals juggling meetings, deadlines, and multitasking demands can benefit from Brain Defender’s ability to support concentration and reduce mental fatigue during prolonged work sessions.

    For Seniors and Brain Longevity Enthusiasts

    As individuals age, maintaining cognitive sharpness becomes a top health priority. Brain Defender Supplement supports brain cell structure, neurotransmitter balance, and mental clarity—all crucial elements of aging well.

    Developed with Industry Experts and Quality Standards

    Brain Defender is the result of collaboration between neuroscientists, holistic health professionals, and supplement formulators with a shared goal—to redefine cognitive wellness.

    The supplement is manufactured in FDA-registered, GMP-certified facilities in the United States. Each batch undergoes rigorous testing for purity, potency, and safety, adhering to the highest industry standards.

    Commitment to Education and Brain Health Awareness

    Beyond the Brain Defender Supplement itself, Brain Defender is committed to promoting brain health awareness. Through blogs, webinars, and partnerships with wellness communities, the brand will offer insights on topics like digital detoxing, nutrition for brain health, and cognitive preservation strategies.

    An official educational campaign will launch Brain Defender Supplement quarter, offering free resources for students, professionals, caregivers, and older adults. This initiative aligns with Brain Defender’s belief that brain wellness should be proactive, accessible, and empowering.

    Testimonials from Health Advocates and Experts

    Although Brain Defender does not rely on customer anecdotes, the product has garnered attention from wellness coaches, cognitive health educators, and holistic practitioners.

    Dr. Elaine Parker, a neuro-nutrition expert, states, “Brain Defender reflects a thoughtful integration of natural neuroprotective agents. Its balanced formulation considers both short-term mental clarity and the long-term preservation of cognitive integrity.”

    Similarly, functional health advisor Marcus Kent shares, “It’s encouraging to see a cognitive supplement built not on trends, but on decades of nutritional neuroscience.”

    Packaging, Sustainability, and Accessibility

    Brain Defender places a strong emphasis on sustainability and ease of use. The product is packaged in recyclable containers, designed with simplicity and elegance to complement modern health-conscious lifestyles. Subscription options will be made available for those looking to maintain consistent cognitive wellness.

    Additionally, Brain Defender Supplement is proud to support neurodiverse and senior communities by offering accessible resources and specialized assistance for individuals managing cognitive change or decline.

    Availability and Launch Offer

    Brain Defender is now available exclusively through the official website. Early adopters will receive access to a limited-time promotional bundle that includes:

    • A 30-day supply of Brain Defender
    • A bonus digital guide titled “Neuro Habits: Building a Brain-Healthy Routine”
    • Free shipping within the United States

    Plans to expand availability to wellness stores, clinics, and international customers are already in motion.

    Join the Brain Health Revolution

    As cognitive demands continue to evolve, Brain Defender Supplement offers a timely, science-aligned, and empowering solution. Whether you’re looking to enhance your focus, protect your mental clarity, or simply build a more resilient brain, Brain Defender is your new ally in the journey toward mental excellence.

    About Brain Defender

    Brain Defender is a next-generation cognitive wellness brand committed to enhancing memory, focus, and long-term mental clarity. By combining powerful botanical extracts, nootropic nutrients, and evidence-based ingredients, Brain Defender Supplement provides individuals with a comprehensive tool for cognitive health. The brand is rooted in science, sustainability, and the belief that everyone deserves the ability to think clearly, feel mentally energized, and live with clarity.

    To learn more about Brain Defender or explore the full formulation, visit the official website at: [Click Here to Visit Official Website]

    Media Contact:

    Project name: Brain Defender
     Tel.: +1 (434) 425-7300
     Company Number: 306178201
     Full Name: Harry Bailey
     Website: https://getbraindefender.com/
    Email: support@Braindefender.com

    Address 35th Dr #100, Aurora, CO 80011

    Attachment

    • Brain Defender

    The MIL Network –

    July 3, 2025
  • MIL-OSI: Societe Generale: Termination of the liquidity contract and half-year statement

    Source: GlobeNewswire (MIL-OSI)

    TERMINATION OF THE LIQUIDITY CONTRACT AND HALF-YEAR STATEMENT 

    Regulated Information

    Paris, 2 July 2025

    Press release related to the termination of the liquidity contract and the half-year statement, which specifies the number of executed share transactions and the volume exchanged under the liquidity contract of Societe Generale.

    As the daily liquidity of Societe Generale shares has been satisfactory for several years, Societe Generale decided, as of 1 July 2025, to terminate the liquidity contract entrusted since 2011 to Rothschild Martin Maurel.

    The following resources appeared on the liquidity account per the liquidity contract as of 30 June 2025:

    • 0 share
    • € 5,573,179.76

    As a reminder:

    • on the date of signing the liquidity account, 22 August 2011, the following resources appeared on the liquidity account:
      • 0 share
      • € 170,000,000
    • the amendment to the liquidity account on 19 December 2018 reduced these resources to:
      • 0 share
      • € 5,000,000
    • as of 31 December 2024, the status of the liquidity account was:
      • 0 share
      • € 5,429,174

    The following information presents the number of buy and sell transactions, expressed in terms of both the number of shares and the volume exchanged from 1 January to 30 June 2025 within the framework of the liquidity agreement signed between Societe Generale and Rothschild Martin Maurel. As a reminder, the liquidity contract was temporarily suspended from 10 February to 9 April 2025 included, which corresponded to the share buyback period announced on 6 February 2025.

    DATE NUMBER OF PURCHASE TRANSACTIONS NUMBER OF SALE TRANSACTIONS QUANTITY OF PURCHASE QUANTITY OF SALE TOTAL PURCHASED AMOUNT TOTAL SOLD AMOUNT
    02/01/2025 89 111 25 500 25 500 688 576,50 688 066,50
    03/01/2025 50 54 26 000 19 500 699 036,00 524 823,00
    06/01/2025 76 127 22 000 28 500 598 972,00 774 373,50
    07/01/2025 72 46 28 100 23 100 760 667,00 626 587,50
    08/01/2025 65 82 20 000 25 000 546 340,00 683 850,00
    09/01/2025 81 105 27 000 27 000 733 590,00 734 994,00
    10/01/2025 101 57 25 000 18 500 684 400,00 506 141,50
    13/01/2025 52 80 21 500 28 000 584 090,50 763 644,00
    14/01/2025 63 92 29 000 25 000 809 593,00 698 150,00
    15/01/2025 64 90 24 000 28 000 685 536,00 798 000,00
    16/01/2025 49 56 26 500 21 500 762 829,00 619 415,00
    17/01/2025 51 55 21 000 21 000 604 464,00 604 737,00
    20/01/2025 62 84 25 000 30 000 731 450,00 876 360,00
    21/01/2025 80 93 22 500 22 300 658 980,00 653 813,70
    22/01/2025 52 55 30 500 25 700 896 059,50 756 094,00
    23/01/2025 56 66 14 000 19 000 418 726,00 566 333,00
    24/01/2025 113 123 31 500 31 500 949 725,00 950 922,00
    27/01/2025 72 56 21 000 13 800 639 345,00 420 127,20
    28/01/2025 66 60 20 500 27 700 629 309,00 848 894,20
    29/01/2025 83 94 27 000 27 000 830 169,00 831 438,00
    30/01/2025 72 28 21 000 21 000 650 979,00 650 958,00
    31/01/2025 65 50 30 000 30 000 937 200,00 937 680,00
    01/2025 1 534 1 664 538 600 538 600 15 500 036,50 15 515 402,10
    03/02/2025 76 42 22 500 22 500 683 235,00 684 697,50
    04/02/2025 92 65 22 500 22 500 692 280,00 692 550,00
    05/02/2025 188 111 40 000 31 000 1 232 600,00 956 195,00
    06/02/2025 16 41 9 400 18 200 308 583,20 601 510,00
    07/02/2025 134 135 27 000 27 200 956 583,00 965 953,60
    02/2025 506 394 121 400 121 400 3 873 281,20 3 900 906,10
    10/04/2025 136 90 32 300 22 300 1 205 532,90 829 961,40
    11/04/2025 143 160 35 500 45 500 1 295 608,00 1 670 669,00
    14/04/2025 78 91 20 000 20 000 767 620,00 768 160,00
    15/04/2025 119 136 25 000 25 000 989 500,00 990 575,00
    16/04/2025 127 131 25 870 25 870 1 028 332,50 1 028 798,16
    17/04/2025 74 108 25 000 25 000 991 875,00 992 425,00
    22/04/2025 114 93 20 000 20 000 797 900,00 798 540,00
    23/04/2025 61 70 12 500 12 500 517 937,50 518 362,50
    24/04/2025 127 119 20 000 20 000 830 960,00 831 520,00
    25/04/2025 116 126 25 000 25 000 1 058 700,00 1 058 950,00
    28/04/2025 67 94 22 000 22 000 951 698,00 952 600,00
    29/04/2025 127 167 52 000 52 000 2 293 356,00 2 296 788,00
    30/04/2025 177 236 64 000 59 500 2 920 064,00 2 713 259,50
    04/2025 1 466 1 621 379 170 374 670 15 649 083,90 15 450 608,56
    DATE NUMBER OF PURCHASE TRANSACTIONS NUMBER OF SALE TRANSACTIONS QUANTITY OF PURCHASE QUANTITY OF SALE TOTAL PURCHASED AMOUNT TOTAL SOLD AMOUNT
    02/05/2025 79 122 32 018 36 518 1 478 719,31 1 687 058,56
    05/05/2025 111 131 41 500 41 500 1 920 703,00 1 922 487,50
    06/05/2025 111 105 47 500 35 000 2 181 722,50 1 603 105,00
    07/05/2025 53 63 15 000 19 000 679 575,00 861 935,00
    08/05/2025 68 107 28 000 36 500 1 287 776,00 1 678 379,50
    09/05/2025 70 74 32 000 32 000 1 485 344,00 1 486 528,00
    12/05/2025 128 123 45 000 45 000 2 140 965,00 2 142 990,00
    13/05/2025 92 114 40 000 40 000 1 885 200,00 1 887 400,00
    14/05/2025 62 96 35 000 35 000 1 663 865,00 1 665 545,00
    15/05/2025 83 88 45 000 40 000 2 167 290,00 1 926 200,00
    16/05/2025 63 63 20 000 25 000 959 000,00 1 201 275,00
    19/05/2025 110 128 36 000 36 000 1 754 460,00 1 756 152,00
    20/05/2025 34 47 17 000 17 000 835 057,00 835 788,00
    21/05/2025 49 99 32 100 26 600 1 587 152,40 1 315 130,60
    22/05/2025 46 40 20 500 26 000 999 498,00 1 274 052,00
    23/05/2025 83 71 36 400 22 900 1 767 838,80 1 103 161,70
    26/05/2025 14 84 3 600 17 100 174 182,40 824 510,70
    27/05/2025 86 97 27 500 27 500 1 333 970,00 1 335 125,00
    28/05/2025 82 37 23 000 11 800 1 109 612,00 565 043,00
    29/05/2025 37 110 17 500 28 700 846 877,50 1 390 141,90
    30/05/2025 162 151 32 500 22 500 1 570 400,00 1 086 052,50
    05/2025 1 623 1 950 627 118 621 618 29 829 207,91 29 548 060,96
    02/06/2025 69 105 15 000 25 000 717 105,00 1 200 375,00
    03/06/2025 56 50 14 300 14 100 684 869,90 675 531,00
    04/06/2025 71 33 21 500 11 700 1 039 417,50 563 694,30
    05/06/2025 28 74 9 000 19 000 431 127,00 914 850,00
    06/06/2025 57 60 17 500 17 500 861 962,50 862 942,50
    09/06/2025 53 40 12 400 12 400 607 339,60 607 897,60
    10/06/2025 114 122 32 000 32 000 1 538 720,00 1 541 056,00
    11/06/2025 56 77 21 500 21 500 1 030 817,50 1 031 419,50
    12/06/2025 63 57 18 000 18 000 872 262,00 873 504,00
    13/06/2025 84 62 22 000 22 000 1 057 760,00 1 059 014,00
    16/06/2025 61 97 27 051 27 051 1 344 597,01 1 345 516,74
    17/06/2025 51 3 12 300 2 100 600 818,10 102 908,40
    18/06/2025 33 43 10 500 20 700 509 491,50 1 009 621,80
    19/06/2025 37 9 8 200 2 100 393 583,60 101 791,20
    20/06/2025 31 35 8 500 10 600 407 796,00 509 361,80
    23/06/2025 60 20 18 000 9 700 845 244,00 456 656,60
    24/06/2025 57 106 16 000 28 300 766 000,00 1 360 890,40
    25/06/2025 63 82 22 000 21 700 1 042 844,00 1 030 120,70
    26/06/2025 92 49 14 400 14 700 683 164,80 698 646,90
    06/2025 1 136 1 124 320 151 330 151 15 434 920,01 15 945 798,44
    S1/2025 6 265 6 753 1 986 439 1 986 439 80 286 529,52 80 360 776,16

    Press contacts:
    Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com
    Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com


    Societe Generale

    Societe Generale is a top tier European Bank with around 119,000 employees serving more than 26 million clients in 62 countries across the world. We have been supporting the development of our economies for 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading franchises are part of our DNA and serve our most essential objective – to deliver sustainable value creation for all our stakeholders.

    The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:

    • French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital bank BoursoBank.
    • Global Banking and Investor Solutions, a top tier wholesale bank offering tailored-made solutions with distinctive global leadership in equity derivatives, structured finance and ESG.
    • Mobility, International Retail Banking and Financial Services, comprising well-established universal banks (in Czech Republic, Romania and several African countries), Ayvens (the new ALD I LeasePlan brand), a global player in sustainable mobility, as well as specialized financing activities.

    Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

    In case of doubt regarding the authenticity of this press release, please go to the end of the Group News page on societegenerale.com website where official Press Releases sent by Societe Generale can be certified using blockchain technology. A link will allow you to check the document’s legitimacy directly on the web page.

    For more information, you can follow us on Twitter/X @societegenerale or visit our website societegenerale.com.

    Attachment

    • Societe-Generale-Termination-of-the-liquidity-contract-and-half-year-statement

    The MIL Network –

    July 3, 2025
  • MIL-OSI: Societe Generale: Termination of the liquidity contract and half-year statement

    Source: GlobeNewswire (MIL-OSI)

    TERMINATION OF THE LIQUIDITY CONTRACT AND HALF-YEAR STATEMENT 

    Regulated Information

    Paris, 2 July 2025

    Press release related to the termination of the liquidity contract and the half-year statement, which specifies the number of executed share transactions and the volume exchanged under the liquidity contract of Societe Generale.

    As the daily liquidity of Societe Generale shares has been satisfactory for several years, Societe Generale decided, as of 1 July 2025, to terminate the liquidity contract entrusted since 2011 to Rothschild Martin Maurel.

    The following resources appeared on the liquidity account per the liquidity contract as of 30 June 2025:

    • 0 share
    • € 5,573,179.76

    As a reminder:

    • on the date of signing the liquidity account, 22 August 2011, the following resources appeared on the liquidity account:
      • 0 share
      • € 170,000,000
    • the amendment to the liquidity account on 19 December 2018 reduced these resources to:
      • 0 share
      • € 5,000,000
    • as of 31 December 2024, the status of the liquidity account was:
      • 0 share
      • € 5,429,174

    The following information presents the number of buy and sell transactions, expressed in terms of both the number of shares and the volume exchanged from 1 January to 30 June 2025 within the framework of the liquidity agreement signed between Societe Generale and Rothschild Martin Maurel. As a reminder, the liquidity contract was temporarily suspended from 10 February to 9 April 2025 included, which corresponded to the share buyback period announced on 6 February 2025.

    DATE NUMBER OF PURCHASE TRANSACTIONS NUMBER OF SALE TRANSACTIONS QUANTITY OF PURCHASE QUANTITY OF SALE TOTAL PURCHASED AMOUNT TOTAL SOLD AMOUNT
    02/01/2025 89 111 25 500 25 500 688 576,50 688 066,50
    03/01/2025 50 54 26 000 19 500 699 036,00 524 823,00
    06/01/2025 76 127 22 000 28 500 598 972,00 774 373,50
    07/01/2025 72 46 28 100 23 100 760 667,00 626 587,50
    08/01/2025 65 82 20 000 25 000 546 340,00 683 850,00
    09/01/2025 81 105 27 000 27 000 733 590,00 734 994,00
    10/01/2025 101 57 25 000 18 500 684 400,00 506 141,50
    13/01/2025 52 80 21 500 28 000 584 090,50 763 644,00
    14/01/2025 63 92 29 000 25 000 809 593,00 698 150,00
    15/01/2025 64 90 24 000 28 000 685 536,00 798 000,00
    16/01/2025 49 56 26 500 21 500 762 829,00 619 415,00
    17/01/2025 51 55 21 000 21 000 604 464,00 604 737,00
    20/01/2025 62 84 25 000 30 000 731 450,00 876 360,00
    21/01/2025 80 93 22 500 22 300 658 980,00 653 813,70
    22/01/2025 52 55 30 500 25 700 896 059,50 756 094,00
    23/01/2025 56 66 14 000 19 000 418 726,00 566 333,00
    24/01/2025 113 123 31 500 31 500 949 725,00 950 922,00
    27/01/2025 72 56 21 000 13 800 639 345,00 420 127,20
    28/01/2025 66 60 20 500 27 700 629 309,00 848 894,20
    29/01/2025 83 94 27 000 27 000 830 169,00 831 438,00
    30/01/2025 72 28 21 000 21 000 650 979,00 650 958,00
    31/01/2025 65 50 30 000 30 000 937 200,00 937 680,00
    01/2025 1 534 1 664 538 600 538 600 15 500 036,50 15 515 402,10
    03/02/2025 76 42 22 500 22 500 683 235,00 684 697,50
    04/02/2025 92 65 22 500 22 500 692 280,00 692 550,00
    05/02/2025 188 111 40 000 31 000 1 232 600,00 956 195,00
    06/02/2025 16 41 9 400 18 200 308 583,20 601 510,00
    07/02/2025 134 135 27 000 27 200 956 583,00 965 953,60
    02/2025 506 394 121 400 121 400 3 873 281,20 3 900 906,10
    10/04/2025 136 90 32 300 22 300 1 205 532,90 829 961,40
    11/04/2025 143 160 35 500 45 500 1 295 608,00 1 670 669,00
    14/04/2025 78 91 20 000 20 000 767 620,00 768 160,00
    15/04/2025 119 136 25 000 25 000 989 500,00 990 575,00
    16/04/2025 127 131 25 870 25 870 1 028 332,50 1 028 798,16
    17/04/2025 74 108 25 000 25 000 991 875,00 992 425,00
    22/04/2025 114 93 20 000 20 000 797 900,00 798 540,00
    23/04/2025 61 70 12 500 12 500 517 937,50 518 362,50
    24/04/2025 127 119 20 000 20 000 830 960,00 831 520,00
    25/04/2025 116 126 25 000 25 000 1 058 700,00 1 058 950,00
    28/04/2025 67 94 22 000 22 000 951 698,00 952 600,00
    29/04/2025 127 167 52 000 52 000 2 293 356,00 2 296 788,00
    30/04/2025 177 236 64 000 59 500 2 920 064,00 2 713 259,50
    04/2025 1 466 1 621 379 170 374 670 15 649 083,90 15 450 608,56
    DATE NUMBER OF PURCHASE TRANSACTIONS NUMBER OF SALE TRANSACTIONS QUANTITY OF PURCHASE QUANTITY OF SALE TOTAL PURCHASED AMOUNT TOTAL SOLD AMOUNT
    02/05/2025 79 122 32 018 36 518 1 478 719,31 1 687 058,56
    05/05/2025 111 131 41 500 41 500 1 920 703,00 1 922 487,50
    06/05/2025 111 105 47 500 35 000 2 181 722,50 1 603 105,00
    07/05/2025 53 63 15 000 19 000 679 575,00 861 935,00
    08/05/2025 68 107 28 000 36 500 1 287 776,00 1 678 379,50
    09/05/2025 70 74 32 000 32 000 1 485 344,00 1 486 528,00
    12/05/2025 128 123 45 000 45 000 2 140 965,00 2 142 990,00
    13/05/2025 92 114 40 000 40 000 1 885 200,00 1 887 400,00
    14/05/2025 62 96 35 000 35 000 1 663 865,00 1 665 545,00
    15/05/2025 83 88 45 000 40 000 2 167 290,00 1 926 200,00
    16/05/2025 63 63 20 000 25 000 959 000,00 1 201 275,00
    19/05/2025 110 128 36 000 36 000 1 754 460,00 1 756 152,00
    20/05/2025 34 47 17 000 17 000 835 057,00 835 788,00
    21/05/2025 49 99 32 100 26 600 1 587 152,40 1 315 130,60
    22/05/2025 46 40 20 500 26 000 999 498,00 1 274 052,00
    23/05/2025 83 71 36 400 22 900 1 767 838,80 1 103 161,70
    26/05/2025 14 84 3 600 17 100 174 182,40 824 510,70
    27/05/2025 86 97 27 500 27 500 1 333 970,00 1 335 125,00
    28/05/2025 82 37 23 000 11 800 1 109 612,00 565 043,00
    29/05/2025 37 110 17 500 28 700 846 877,50 1 390 141,90
    30/05/2025 162 151 32 500 22 500 1 570 400,00 1 086 052,50
    05/2025 1 623 1 950 627 118 621 618 29 829 207,91 29 548 060,96
    02/06/2025 69 105 15 000 25 000 717 105,00 1 200 375,00
    03/06/2025 56 50 14 300 14 100 684 869,90 675 531,00
    04/06/2025 71 33 21 500 11 700 1 039 417,50 563 694,30
    05/06/2025 28 74 9 000 19 000 431 127,00 914 850,00
    06/06/2025 57 60 17 500 17 500 861 962,50 862 942,50
    09/06/2025 53 40 12 400 12 400 607 339,60 607 897,60
    10/06/2025 114 122 32 000 32 000 1 538 720,00 1 541 056,00
    11/06/2025 56 77 21 500 21 500 1 030 817,50 1 031 419,50
    12/06/2025 63 57 18 000 18 000 872 262,00 873 504,00
    13/06/2025 84 62 22 000 22 000 1 057 760,00 1 059 014,00
    16/06/2025 61 97 27 051 27 051 1 344 597,01 1 345 516,74
    17/06/2025 51 3 12 300 2 100 600 818,10 102 908,40
    18/06/2025 33 43 10 500 20 700 509 491,50 1 009 621,80
    19/06/2025 37 9 8 200 2 100 393 583,60 101 791,20
    20/06/2025 31 35 8 500 10 600 407 796,00 509 361,80
    23/06/2025 60 20 18 000 9 700 845 244,00 456 656,60
    24/06/2025 57 106 16 000 28 300 766 000,00 1 360 890,40
    25/06/2025 63 82 22 000 21 700 1 042 844,00 1 030 120,70
    26/06/2025 92 49 14 400 14 700 683 164,80 698 646,90
    06/2025 1 136 1 124 320 151 330 151 15 434 920,01 15 945 798,44
    S1/2025 6 265 6 753 1 986 439 1 986 439 80 286 529,52 80 360 776,16

    Press contacts:
    Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com
    Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com


    Societe Generale

    Societe Generale is a top tier European Bank with around 119,000 employees serving more than 26 million clients in 62 countries across the world. We have been supporting the development of our economies for 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading franchises are part of our DNA and serve our most essential objective – to deliver sustainable value creation for all our stakeholders.

    The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:

    • French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital bank BoursoBank.
    • Global Banking and Investor Solutions, a top tier wholesale bank offering tailored-made solutions with distinctive global leadership in equity derivatives, structured finance and ESG.
    • Mobility, International Retail Banking and Financial Services, comprising well-established universal banks (in Czech Republic, Romania and several African countries), Ayvens (the new ALD I LeasePlan brand), a global player in sustainable mobility, as well as specialized financing activities.

    Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

    In case of doubt regarding the authenticity of this press release, please go to the end of the Group News page on societegenerale.com website where official Press Releases sent by Societe Generale can be certified using blockchain technology. A link will allow you to check the document’s legitimacy directly on the web page.

    For more information, you can follow us on Twitter/X @societegenerale or visit our website societegenerale.com.

    Attachment

    • Societe-Generale-Termination-of-the-liquidity-contract-and-half-year-statement

    The MIL Network –

    July 3, 2025
  • MIL-OSI Security: 16 ‘Anti-Tren’ Members and Associates Charged with Cocaine and Firearms Trafficking

    Source: US FBI

    HOUSTON – Several foreign nationals illegally residing in the Houston area are now in custody for drug trafficking and weapons charges following a law enforcement operation targeting Venezuelan nationals and alleged members or associates of the Anti-Tren transnational criminal organization, announced U.S. Attorney Nicholas J. Ganjei.

    Most are expected to make their initial appearances before U.S. Magistrate Judge Peter Bray at 2 p.m.

    The charges allege Anti-Tren is a criminal organization almost exclusively comprised of former members and associates of Tren de Aragua (TdA). Similar to TdA, purposes of Anti-Tren allegedly include preserving and protecting the power and territory of the organization and its members and associates through attempted murder, other acts of violence and threats of such. This includes targeting members and associates of TdA and enriching the members and associates of Anti-Tren through, among other things, the trafficking of firearms and controlled substances, according to the charges.

    Two criminal complaints charge 14 Anti-Tren members and associates with conspiracy to possess with intent to distribute more than five kilograms of cocaine. These include Luis Miguel Claros Sarmiento, 26, Dany E. Rojas, 28, Ismael Leon Belbin, 24, Andy Luis Alvarez Herrera, 28, Cesar Oskeiber Cabezas Pacheco, 26, and Cesar Mauricio Velasquez, 27; Venezuelan nationals Raul Armando Ramirez Correa, 24, Darwin Martinez, 37, Peter Davila, 34, Otis Jose Rodriguez Garcia, 31, Pedro Hernandez Delgado, 19, Jesus F. Fernandez Troconiz, 26, Embeer J. Gutierrez Ternawskyj, 24, as well as Raul Antonio Claros Sarmiento, 30, Honduras.

    According to the allegations, two groups of individuals agreed to transport kilogram quantities of cocaine in exchange for $15,000 for each load with each group accepting half as payment in advance.

    “The Southern District’s twin priorities are securing our border and the eradication of violent crime. This case implicates both,” said Ganjei. “Operation Take Back America means going on the offensive against transnational criminal organizations to ensure that they cannot take root in our community and endanger public safety. SDTX is going to be unapologetic in carrying out that mission.”

    “These arrests are the largest takedown of suspected Anti-Tren members and associates by the FBI, so far, and they happened right here in Houston,” said Special Agent in Charge Douglas Williams of the FBI Houston Field Office. “These individuals are accused of engaging in a turf war with TdA members and carrying out numerous violent crimes throughout our city, including a mass shooting at a local sports bar that left six people wounded. Fortunately, for the good and safety of our community, these individuals are now in federal custody facing U.S.  justice.”

    If convicted, they face up to life in prison and a possible $10 million fine.

    Correa, Ternawskyj, Garcia, Delgado and Pedro Jose Ramirez Delgado, 26, are also charged separately with various weapons offenses based on their alleged possession and sale of firearms. If convicted of those charges, they could receive up to 15 years in prison.

    Jose Miguel Briceno, 25, a Venzuelan national who resided in Houston illegally, is charged separately with unlawful possession of ammunition by an alien. The criminal complaint alleges he was involved in a mass shooting at the Latinas Sports Bar club in Houston in March where six people were wounded, four of whom were in critical condition. According to the complaint, Briceno used a firearm to shoot inside the doorway of the bar and then discarded the firearm which law enforcement never located. If convicted, he faces up to 15 years imprisonment and a maximum $250,000 possible fine.

    The FBI Houston field office conducted this investigation with the assistance of the Drug Enforcement Administration (DEA), U.S. Marshals Service and Immigration Customs Enforcement (ICE) – Enforcement and Removal Operations, Texas Department of Public Safety, Houston Police Department and Harris County Sheriff’s Office.  

    Assistant U.S. Attorneys Casey N. MacDonald and Anibal J. Alaniz are prosecuting the case along with Jason Harley from the Department of Justice’s Joint Task Force Vulcan (JTFV). 

    JTFV, which was created to combat MS-13 and now expanded to TdA under Attorney General Bondi, has been comprised of U.S. Attorney’s Offices across the country, including the Southern and Eastern Districts of New York; Eastern District of Texas; Southern District of Florida; Western District of Oklahoma; Northern District of Ohio; Eastern District of Virginia; Southern District of California; District of Columbia and Districts of New Jersey, Utah, Massachusetts, Nevada and Alaska as well as the Department of Justice’s National Security and Criminal Divisions. Additionally, the FBI; DEA; ICE-Homeland Security Investigations; Bureau of Alcohol, Tobacco, Firearms and Explosives; U.S. Marshals Service; and Federal Bureau of Prisons have been essential law enforcement partners and spearheaded JTFV’s investigations.

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

    A criminal complaint is a formal accusation of criminal conduct, not evidence. A defendant is presumed innocent unless convicted through due process of law. 

    MIL Security OSI –

    July 3, 2025
  • MIL-OSI Security: Nearly 50 Charged in Southern District of Texas as Part of National Health Care Fraud Takedown

    Source: US FBI

    Combined efforts have resulted in charges against 18 medical professionals after nearly 12 million pills distributed and over $360 million fraudulently billed to Medicare

    HOUSTON – A total of 22 cases are being announced as part of local efforts targeting health care fraud and include various schemes alleging unlawful distribution of controlled substances, some of which were diverted onto the black market, hospice fraud, kickbacks and other Medicare/Medicaid fraud schemes involving medically unnecessary genetic tests, durable medical equipment and more.  

    The charges filed in Southern District of Texas (SDTX) federal court are part of the Department of Justice’s 2025 national health care fraud takedown.

    “Americans rely on Medicare for needed treatments and living-saving care. Those that bilk this fund to unlawfully enrich themselves are ultimately stealing from the taxpayer and damaging public confidence in our health system,” said U.S. Attorney Nicholas J. Ganjei. “Today’s takedown is a reminder to would-be medical fraudsters that the Department of Justice is always standing guard over the public fisc.”

    “This record-setting health care fraud takedown delivers justice to criminal actors who prey upon our most vulnerable citizens and steal from hardworking American taxpayers,” said Attorney General Pamela Bondi. “Make no mistake – this administration will not tolerate criminals who line their pockets with taxpayer dollars while endangering the health and safety of our communities.”

    One of the largest cases include three individuals for their alleged roles in a $110 million hospice fraud and kickback scheme. The charges allege Dera Ogudo, 39, and Victoria Martinez, 35, both of Richmond, operated hospice company United Palliative & Hospice Company (UPHC) that misled vulnerable elderly adults about what services were being billed to their Medicare and Medicaid plans. According to court documents, UPHC Medicare and Medicaid beneficiaries and/or their family members believed they would be receiving palliative or home health services. In truth, these patients were enrolled in hospice services but were not actually terminally ill as Medicare and Medicaid requires, according to the charges. Ogudo allegedly paid kickbacks to several group homeowners in exchange for enrolling their beneficiaries in hospice with UPHC and bribed a physician to certify and re-certify UPHC patients as terminally ill when they were not. Ogudo also allegedly paid kickbacks to Evelyn Shaw, 52, Houston, in exchange for referrals from a local psychiatric hospital where Shaw was employed as discharge coordinator.

    In relation to the scheme, Carlos Munoz, 57, Richmond, is charged by information. Ogudo allegedly paid Munoz, a medical doctor, kickbacks and bribes to certify and re-certify Medicare and Medicaid patients for hospices services.

    In a separate case, Keilan Peterson aka Young Jay or Jay, 38, and Kimberly Martinez, 47, Houston, have been charged for their alleged participation in a scheme to unlawfully distribute and dispense controlled substances in exchange for cash through Relief Medical Center and GroveCare clinics in Houston. As alleged in their indictment, Peterson paid three doctors to allow Peterson, Martinez and others at the clinics to use the doctors’ electronic prescribing credentials to issue prescriptions for significant amounts of hydrocodone, carisoprodol and oxycodone. Peterson also allegedly sent some of these illegitimate prescriptions to his own pharmacy, Next Level Pharmacy, and took possession of the controlled substances to sell on the black market. In total, the indictment alleges Peterson and others issued over 2 million controlled substance pills, the vast majority of which were unauthorized, issued without a legitimate medical purpose and outside the usual course of professional practice.

    A podiatrist and the self-proclaimed CEO of a local medical clinic were also charged in another $90 million Medicare fraud scheme. The 15-count superseding indictment alleges David Jenson, 57, and Nestor Rafael Romero Magallanes, 29, both of Spring, conspired to fraudulently bill Medicare for over $90 million for skin substitute products-often for patients who did not have qualifying wounds. They allegedly submitted claims for patients who did not have qualifying wounds, or any wounds at all, and continued billing even after a 2023 audit denied all their claims and flagged the conduct as improper. The indictment further alleges Jenson and Romero falsified medical records to make it appear patients had chronic wounds and manipulated documentation to show those wounds were improving despite no such existing conditions. 

    Charged with wire fraud, Tyneza P. Mitchell, 43, Spring, was allegedly involved in a scheme to bill the COVID-19 Claims Reimbursement to Health Care Providers and Facilities for Testing, Treatment and Vaccine Administration for the Uninsured Program. The charges allege billing included in-office consultations regarding COVID diagnosis and treatment she never provided. As alleged in the indictment, Mitchell is a licensed nurse practitioner who received $9.9 million as a result of her fraudulent scheme.

    Daphne Johnson, 60, Stafford, was allegedly involved in a scheme to bill Medicaid $793,804 for mental health therapy services she never provided. As alleged in the information, Johnson received $331,112 as a result of her fraudulent scheme.

    Prosecutors with the Department of Justice’s Health Care Fraud Strike Force also filed charges against several more individuals in this district with assistance from SDTX.

    Chad Harper, 49, Pearland, is facing numerous charges in connection with a $115 Medicare fraud scheme. As alleged in the indictment, Harper owned multiple laboratories through which he billed Medicare for genetic and other diagnostic testing induced by kickbacks and bribes which were medically unnecessary or otherwise ineligible for Medicare. The indictment alleges Harper generated business through a nationwide network of marketers who directed referrals to the laboratories in exchange for illegal kickbacks that Harper paid through shell companies. Harper allegedly funded his operation through, among other ways, obtaining a fraudulent equipment loan from a local credit union. Harper allegedly laundered the proceeds of his schemes through other shell companies, which purchased and held real properties and assets and passed profits on to Harper.

    Dr. Maryam “Meg” Qayum, 67, New Caney, is charged with multiple counts of illegally distributing a controlled substance along with Jared Williams, 48, Pearland; and Tomi-Ko Bowers, 70, Lester “Lay” Stokes, 37, and Melvin Sampson, 55, all of Houston. The charges stem from their alleged roles in diverting more than three million opioids onto the black market. As alleged in the indictment, Qayum is a medical doctor and Bowers an advanced practice registered nurse who operated Recare Clinic in Kingwood along with Stokes. They allegedly sold oxycodone and hydrocodone prescriptions to drug traffickers in exchange for cash. Sampson is alleged to be one such individual who recruited others to pose as patients, paid cash for the prescriptions from Qayum, filled Qayum’s prescriptions at complicit pharmacies and resold the drugs on the black market.

    Other Strike Force cases include one charging Sacha Lashun Betts, 47, Houston, and Nicholas Aguillard, 49, Rosenberg; Lisa Darlene Durden, 60, and Jordan O. Williams, 56, both of Missouri City; Quincy Guillory, 51, Richmond; Mykel Walker, 42, Cypress, and Kaeita Rankin, 48, Houston. The indictment alleges they participated in a conspiracy to distribute and dispense controlled substances in connection with the establishment, oversight and operation of a drug trafficking organization that controlled more than a dozen “front” pharmacies used to sell opioids and other commonly abused prescription drugs, often in bulk, to street-level drug dealers on Houston’s black market. From 2015 through 2022, the defendants’ pharmacies unlawfully distributed and dispensed more than 4.4 million doses of opioids and other commonly abused prescription drugs, with an estimated street value exceeding $75 million, according to the charges. The co-conspirators allegedly sold opioids and other commonly abused prescription drugs to street-level drug traffickers in exchange for cash.

    Other cases involve fraudulent schemes for kickbacks or billing Medicare for medically unnecessary genetic tests or footbath drugs, durable medical equipment, conspiracies to unlawfully distribute and dispense controlled substances, some involving diversion onto the black market or in connection to the operation of pill-mill pharmacies. Those charged in this district also include residents of Houston, Richmond, League City, Rosharon, Sugar Land, Katy, Pearland and Manvel as well as U.S. citizens from Florida, Indiana and Georgia.

    All the cases are part of a strategically coordinated, nationwide law enforcement action that resulted in criminal charges against 324 defendants for their alleged participation in health care fraud and illegal drug diversion schemes that involved the submission of over $14.6 billion in intended loss and over 15 million pills of illegally diverted controlled substances. The defendants allegedly defrauded programs entrusted for the care of the elderly and disabled to line their own pockets. The United States has seized over $245 million in cash, luxury vehicles and other assets in connection with the takedown.

    Descriptions of each SDTX case and others involved in the enforcement actions are available on the Department of Justice’s website.

    Department of Health and Human Services – Office of Inspector General (OIG), FBI, Drug Enforcement Administration, Texas Attorney General’s Medicaid Fraud Control Unit, Federal Housing Finance Agency – OIG and U.S. Postal Service – OIG conducted the various investigations with assistance of police departments in Conroe, Dickinson and Houston. Assistant U.S. Attorneys (AUSA) Brad Gray, Kathryn Olson, Christine Lu, Alexander Alum and Thomas Carter are prosecting the SDTX cases with assistance from AUSAs Kristine Rollinson and Brandon Fyffe who are handling forfeiture matters. Counsel to the Chief of the Health Care Fraud Unit Alexis Gregorian, Acting Assistant Chief Devon Helfmeyer, Senior Litigation Counsel Catherine Wagner and Trial Attorneys Adam Tisdall, Andrew Tamayo, Monica Cooper, Benjamin Smith, Yael Mash, Erika V. Suhr, Ethan Womble, Claire Horrell and Gary A. Crosby are prosecuting the Strike Force matters.

    SDTX and The Health Care Fraud Unit’s Rapid Response, Texas, Florida, Gulf Coast, Los Angeles, Midwest, New England and Northeast Strike Forces are prosecuting the cases as well as U.S. Attorneys’ Offices for the Districts of Columbia, Arizona, Connecticut, Delaware, Idaho, Maine, Michigan, Montana, Nevada, New Hampshire, New Jersey, North Dakota, Oregon, South Carolina, Vermont; Northern and Western Districts of Texas; Central, Northern and Southern Districts of California; Middle, Northern and Southern Districts of Florida; Middle District of Georgia; Northern District of Illinois; Eastern and Western Districts of Kentucky; Eastern and Middle Districts of Louisiana; Eastern District of Michigan; Northern and Southern Districts of Mississippi; Eastern, Northern, Southern and Western Districts of New York; Eastern and Western Districts of North Carolina; Northern and Southern Districts of Ohio; Northern and Western Districts of Oklahoma; Eastern District of Pennsylvania; Middle and Western Districts of Tennessee; Eastern District of Virginia; Western District of Washington; Northern District of West Virginia; and State Attorney Generals’ Offices for Arizona, California, Georgia, Illinois, Indiana, Louisiana, Massachusetts, Missouri, New York, Ohio and Pennsylvania with assistance from the Health Care Fraud Unit’s Data Analytics Team.

    A complaint, information or indictment is a formal accusation of criminal conduct, not evidence. A defendant is presumed innocent unless convicted through due process of law.

    MIL Security OSI –

    July 3, 2025
  • MIL-OSI: Coface SA: Coface finalises the acquisition of Cedar Rose Group

    Source: GlobeNewswire (MIL-OSI)

    Coface finalises the acquisition of Cedar Rose Group

    Paris, 2 July 2025 – 17.35

    Coface announces the closing of the acquisition of Cedar Rose Group, a leader in Information Services in the Middle East.

    With over 25 years’ experience, Cedar Rose is one of the leading providers of business information solutions in the Middle East and Africa region. In a region where information is difficult to access and with positive economic growth outlook, Cedar Rose has built up a vast business network enabling it to produce data whose quality is recognised by its customers, including a number of multinationals.

    Cedar Rose therefore becomes Coface’s information provider in the region, for both credit insurance and Information Services sales. All Coface’s customers will benefit from enhanced Coface data.

    This external growth operation will enable Coface to further strengthen its information production capabilities in areas where information is not readily available. This acquisition aligns perfectly with the objectives of Power the Core ‘s strategic plan, which notably focuses on data excellence.

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    MEDIA RELATIONS
    Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
    Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)
    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2024 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

    Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is quoted in Compartment A of Euronext Paris
    Code ISIN: FR0010667147 / Ticker: COFA

    DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2024 Universal Registration Document filed with AMF on 5 April 2024 under the number D.25-0227 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

    Attachment

    • 2025 07 02 PR Coface finalises the acquisition of Cedar Rose Group

    The MIL Network –

    July 3, 2025
  • MIL-OSI: Coface SA: Coface finalises the acquisition of Cedar Rose Group

    Source: GlobeNewswire (MIL-OSI)

    Coface finalises the acquisition of Cedar Rose Group

    Paris, 2 July 2025 – 17.35

    Coface announces the closing of the acquisition of Cedar Rose Group, a leader in Information Services in the Middle East.

    With over 25 years’ experience, Cedar Rose is one of the leading providers of business information solutions in the Middle East and Africa region. In a region where information is difficult to access and with positive economic growth outlook, Cedar Rose has built up a vast business network enabling it to produce data whose quality is recognised by its customers, including a number of multinationals.

    Cedar Rose therefore becomes Coface’s information provider in the region, for both credit insurance and Information Services sales. All Coface’s customers will benefit from enhanced Coface data.

    This external growth operation will enable Coface to further strengthen its information production capabilities in areas where information is not readily available. This acquisition aligns perfectly with the objectives of Power the Core ‘s strategic plan, which notably focuses on data excellence.

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    MEDIA RELATIONS
    Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
    Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)
    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2024 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

    Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is quoted in Compartment A of Euronext Paris
    Code ISIN: FR0010667147 / Ticker: COFA

    DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2024 Universal Registration Document filed with AMF on 5 April 2024 under the number D.25-0227 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

    Attachment

    • 2025 07 02 PR Coface finalises the acquisition of Cedar Rose Group

    The MIL Network –

    July 3, 2025
  • MIL-OSI USA: Rep. Dan Goldman Introduces Amendment to GOP Budget Bill Restoring SNAP Administrative Cost-Sharing Split

    Source: US Congressman Dan Goldman (NY-10)

    Senate Provision Increases New York State Administrative Cost Sharing from 50% to 75%, Decreases Federal Funding to 25% 

     

    Reconciliation Package Will Cost New York State $2.1 Billion Annually 

     

     Cost-Sharing Shift for SNAP Alone Will Cost State $225 Million Annually  

     

    1 in 7 New Yorkers Rely on SNAP to Put Food on the Table  

     

    Watch Goldman’s Rules Committee Testimony Here 

    Washington, D.C. — Congressman Dan Goldman (NY-10) introduced an amendment to the GOP reconciliation bill to strike the provision that increases state responsibility for SNAP administrative costs from 50% to 75%, which would otherwise add an estimated $225 million in annual costs to New York State. This amendment would restore the current 50-50 SNAP cost-sharing split between state and federal funding. 

    “Shifting SNAP’s administrative burden onto the states is just a benefit cut by another name that, with other provisions in this bill, will jeopardize food benefits for 300,000 New York households,” Congressman Dan Goldman said. “Republicans are using voodoo economics and outright lies to deceive the American people as they hollow out essential programs that tens of millions of Americans depend on. I proudly stood up for the most vulnerable Americans by introducing this amendment to fight back against Republicans’ efforts to take food off the table for our children, gut our social safety net, explode the deficit, and mortgage our country’s future – our state won’t be left footing the bill.” 

    Congressman Goldman is committed to ensuring families have access to SNAP and other nutrition programs. 

    In April, Congressman Goldman introduced the “MEALS ACT” which would ensure working families who rely on Summer Electronic Benefit Transfer (EBT) benefits to make ends meet can be reimbursed if their benefits are stolen via EBT card skimming and fraud. 
    In March, Congressman Goldman hosted a press conference to demand a comprehensive change to state and federal law to address the urgent issue of stolen EBT benefits. 
    In August 2024, the Congressman cosponsored the ‘SNAP Theft Protection Act,’ which aims to update the Supplemental Nutrition Assistance Program (SNAP) to allow states to use existing SNAP funding to refund stolen benefits to victims of SNAP-related scams.    

    ### 

    MIL OSI USA News –

    July 3, 2025
  • NCB busts global drug cartel spanning four continents; Amit Shah congratulates agencies for major crackdown

    Source: Government of India

    Source: Government of India (4)

    Union Home Minister and Minister of Cooperation, Amit Shah, on Wednesday lauded the Narcotics Control Bureau (NCB) and associated enforcement agencies for dismantling a sprawling global drug cartel that trafficked controlled pharmaceutical substances across four continents using sophisticated digital methods.

    In a post on the social media platform X, Shah said, “Congratulations to NCB and all agencies on busting a global drug cartel. The probe set a stellar example of multi-agency coordination, resulting in eight arrests and seizures of five consignments while triggering crackdowns in the US and Australia against the ring that operates across four continents and more than ten nations. Our agencies are constantly monitoring sophisticated modes like crypto payments and anonymous drop shippers used by these gangs. The Prime Minister Shri Narendra Modi-led government is determined to saw off every drug cartel and protect our youth, no matter where they operate from.”

    Operation MED MAX: From Delhi to Alabama

    Dubbed Operation MED MAX, the NCB’s HQ Operations Unit led one of the most extensive crackdowns against the illegal pharmaceutical drug trade. The operation uncovered a syndicate that exploited encrypted communication platforms, drop-shipping models, and cryptocurrency transactions to move controlled medicines between India, the USA, Australia, and Europe.

    The investigation began on May 25, 2025, when the NCB intercepted a vehicle near Mandi House in New Delhi, acting on confidential intelligence. Officers seized 3.7 kilograms of Tramadol tablets from two occupants, both pharmacy graduates from a private university in Noida.

    Their interrogation revealed that they operated as vendors on a major Indian B2B platform, selling pharmaceutical pills to clients overseas. Subsequent leads led investigators to a stockist in Roorkee and a key associate in Delhi’s Mayur Vihar, who disclosed connections to a coordinator in Udupi, Karnataka. This link revealed data on at least 50 international consignments, including 29 within the USA, 18 within Australia, and others bound for Estonia, Spain, and Switzerland.

    Global Cooperation and Major Seizures

    Based on intelligence provided by India’s NCB, global counterparts and Interpol tracked the syndicate’s operations. This led to the arrest of a major bulk re-shipper and money launderer in Alabama, USA, by the United States Drug Enforcement Administration (US DEA). The US operation resulted in the seizure of over 17,000 tablets of controlled medication and multiple cryptocurrency wallets linked to the syndicate.

    In parallel, law enforcement in Australia dismantled an illegal pill manufacturing facility directly connected to the network. Additional stockists and operatives are under scrutiny worldwide.

    Sophisticated Network and Modus Operandi

    Investigations revealed the cartel’s extensive use of encrypted messaging platforms such as Telegram and reliance on cryptocurrency, PayPal, and Western Union for payments. The network used anonymous international drop-shippers to evade detection, ensuring that operators never shipped within their home countries.

    The syndicate’s operations were managed through a major B2B platform where handlers paid for premium vendor profiles to attract buyers. A dedicated call centre in Udupi, employing around ten staff members—many allegedly unaware of the illegal activities—handled customer queries and orders. Payments were processed in cryptocurrency, with commissions distributed down the supply chain to re-shippers in various countries.

    Repeat buyers were systematically recruited as re-shippers or stockists, enabling the network’s organic expansion across multiple jurisdictions.

    Kingpin Traced to UAE

    The alleged mastermind coordinating the cartel’s international operations and finances has been traced to the UAE. Indian authorities are working closely with UAE officials to bring the individual to justice.

    Ongoing Investigations

    So far, eight individuals have been arrested in India in connection with the syndicate. The financial trail involving crypto wallets and suspected hawala transactions remains under investigation. The NCB is also coordinating with private sector platforms to curb illegal online pharmacies that openly market controlled substances.

    July 3, 2025
  • MIL-OSI: Prairie Operating Co. Announces $12.5 Million Strategic Acquisition to Accelerate Growth in the DJ Basin

    Source: GlobeNewswire (MIL-OSI)

    Houston, TX, July 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, today announced the acquisition of certain assets from Edge Energy II LLC (“Edge Energy”) in an off-market transaction for $12.5 million in cash, funded through the Company’s credit facility, resulting in a non-dilutive transaction for shareholders.

    “This strategic and highly accretive bolt-on acquisition enhances our existing footprint in the DJ Basin,” said Edward Kovalik, Chairman and CEO. “With a high working interest, established cash flow, and development-ready drilling locations, this transaction aligns with our capital allocation strategy and adds near-term value and long-term inventory.”

    The Edge Energy acquisition represents a strategic addition of approximately 11,000 net acres to expand Prairie’s DJ Basin footprint to approximately 60,000 net acres. The attractive mix of current production and future development of the Edge Energy assets enhances Prairie’s inventory depth, accelerates near-term development plans, and supports continued cash flow growth.

    KEY TRANSACTION HIGHLIGHTS

    • Acquisition Price: $12.5 million
    • Non-Dilutive: Cash transaction utilizing credit facility
    • Net Acres: ~11,000
    • Current Production: ~190 Boepd (from 47 operated and non-operated PDP wells)
    • Working Interest: ~88%
    • Future Inventory: 40 (two-mile laterals)
    • Permits: Eight approved permits and eight additional permits in process
    • Development-Ready: Simpson pad fully permitted and ready to drill

    DEVELOPMENT AND INTEGRATION PLANS

    The Company plans to commence development of the acquired assets in August 2025, starting with the fully permitted Simpson pad. Simultaneously, the Company will begin permitting additional PUD locations to enable near-term future development. This acquisition delivers immediate scale, existing production, and a clear path to growth through high-quality operated drilling inventory.

    About Prairie Operating Co.

    Prairie Operating Co. is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States. The Company’s assets and operations are concentrated in the oil and liquids-rich regions of the Denver-Julesburg (DJ) Basin, with a primary focus on the Niobrara and Codell formations. The Company is committed to the responsible development of its oil and natural gas resources and is focused on maximizing returns through consistent growth, capital discipline, and sustainable cash flow generation. More information about the Company can be found at www.prairieopco.com.

    Cautionary Statement about Forward-Looking Statements

    The information included herein and in any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included herein, are forward-looking statements. When used herein, including any oral statements made in connection herewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Company’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. The Company cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. There may be additional risks not currently known by the Company or that the Company currently believes are immaterial that could cause actual results to differ from those contained in the forward-looking statements. Additional information concerning these and other factors that may impact the Company’s expectations can be found in the Company’s periodic filings with the Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 10-K filed with the SEC on March 6, 2025, and any subsequently filed Quarterly Report and Current Report on Form 8-K. The Company’s SEC filings are available publicly on the SEC’s website at www.sec.gov. 

    Investor Relations Contact:

    Wobbe Ploegsma
    info@prairieopco.com
    832.274.3449

    The MIL Network –

    July 3, 2025
  • MIL-OSI: Prairie Operating Co. Announces $12.5 Million Strategic Acquisition to Accelerate Growth in the DJ Basin

    Source: GlobeNewswire (MIL-OSI)

    Houston, TX, July 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, today announced the acquisition of certain assets from Edge Energy II LLC (“Edge Energy”) in an off-market transaction for $12.5 million in cash, funded through the Company’s credit facility, resulting in a non-dilutive transaction for shareholders.

    “This strategic and highly accretive bolt-on acquisition enhances our existing footprint in the DJ Basin,” said Edward Kovalik, Chairman and CEO. “With a high working interest, established cash flow, and development-ready drilling locations, this transaction aligns with our capital allocation strategy and adds near-term value and long-term inventory.”

    The Edge Energy acquisition represents a strategic addition of approximately 11,000 net acres to expand Prairie’s DJ Basin footprint to approximately 60,000 net acres. The attractive mix of current production and future development of the Edge Energy assets enhances Prairie’s inventory depth, accelerates near-term development plans, and supports continued cash flow growth.

    KEY TRANSACTION HIGHLIGHTS

    • Acquisition Price: $12.5 million
    • Non-Dilutive: Cash transaction utilizing credit facility
    • Net Acres: ~11,000
    • Current Production: ~190 Boepd (from 47 operated and non-operated PDP wells)
    • Working Interest: ~88%
    • Future Inventory: 40 (two-mile laterals)
    • Permits: Eight approved permits and eight additional permits in process
    • Development-Ready: Simpson pad fully permitted and ready to drill

    DEVELOPMENT AND INTEGRATION PLANS

    The Company plans to commence development of the acquired assets in August 2025, starting with the fully permitted Simpson pad. Simultaneously, the Company will begin permitting additional PUD locations to enable near-term future development. This acquisition delivers immediate scale, existing production, and a clear path to growth through high-quality operated drilling inventory.

    About Prairie Operating Co.

    Prairie Operating Co. is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States. The Company’s assets and operations are concentrated in the oil and liquids-rich regions of the Denver-Julesburg (DJ) Basin, with a primary focus on the Niobrara and Codell formations. The Company is committed to the responsible development of its oil and natural gas resources and is focused on maximizing returns through consistent growth, capital discipline, and sustainable cash flow generation. More information about the Company can be found at www.prairieopco.com.

    Cautionary Statement about Forward-Looking Statements

    The information included herein and in any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included herein, are forward-looking statements. When used herein, including any oral statements made in connection herewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Company’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. The Company cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. There may be additional risks not currently known by the Company or that the Company currently believes are immaterial that could cause actual results to differ from those contained in the forward-looking statements. Additional information concerning these and other factors that may impact the Company’s expectations can be found in the Company’s periodic filings with the Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 10-K filed with the SEC on March 6, 2025, and any subsequently filed Quarterly Report and Current Report on Form 8-K. The Company’s SEC filings are available publicly on the SEC’s website at www.sec.gov. 

    Investor Relations Contact:

    Wobbe Ploegsma
    info@prairieopco.com
    832.274.3449

    The MIL Network –

    July 3, 2025
  • MIL-OSI: Tired of saying “WHAT” at dinner?

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, Del., July 02, 2025 (GLOBE NEWSWIRE) — It’s an experience we all know too well. You’re sitting in a restaurant with your loved ones, hoping for a peaceful meal and some real conversation, but instead, you’re raising your voice, repeating yourself, or just giving up halfway through. They’re nodding politely, but they didn’t catch a word you said. You’re not alone. And neither are they.

    In fact, over 800 million people worldwide are considered noise-sensitive whether due to age, hearing loss, burnout, or just a personal need for quiet. Yet, only your previous experiences or the vague reviews of a restaurant could help you find a quiet place to eat or sleep while travelling. This is what Silencio aims to change.

    Silencio has built the world’s largest decentralized sound data network, with over 1 million individuals contributing real-world noise measurements in more than 180 countries directly from their smart-phones in an entirely GDPR compliant approach. Just like Google reviews give you insights into how good a place is, Silencio creates a historic noise level review tailored to any specific location or venue. Now, in order to solve the #1 complaints for hotels globally, all of that data is being put to work in the simplest, most useful way imaginable.

    The Silencio Soundcheck Chrome Extension is a lightweight, seamless tool that lets you preview real-world noise levels directly while browsing platforms like Google Maps, Airbnb, or Booking.com. It works silently in the background, adding a discreet sound score to each listing. These scores are powered by verified, on-the-ground data, not reviews, not guesses. If a place is next to a busy road, or underneath a flight path, or happens to be a quiet haven away from the noise, you’ll know it before you ever step foot inside.

    There’s nothing to learn, no app to open, no friction. Just clarity, right when you need it.

    This matters. Because noise is more than simply an inconvenience. Noise is directly linked to stress, sleep problems, reduced focus, and long-term health effects. Silencio’s Soundcheck is about giving people back control in a world that’s increasingly loud. It’s about helping a parent hear their child at dinner. Helping a freelancer find that quiet café for an important call. Helping a traveler find rest instead of regret.

    And the best part? All Basic functionalities are free.

    The Silencio Soundcheck Chrome Extension is available now.

    About Silencio: Silencio is the world’s first decentralized and largest noise data engine. With +1 million contributors in 180+ countries, the network helps people find, understand, and avoid unwanted noise, one decibel at a time.

    CONTACT:

    Christopher von Halem
    Marketing
    Christopher@silencio.network

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ea527c7-f58b-4699-b719-2e34979b9276

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/993dcb8b-4150-4cd6-b03f-40f0ad42c9b8

    The MIL Network –

    July 3, 2025
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