Category: Business

  • MIL-Evening Report: ‘Politically weakened’ or ‘muddling through’ – Luxon and Hipkins ranked on their mid-term prospects

    Source: The Conversation (Au and NZ) – By Grant Duncan, Teaching Fellow in Politics and International Relations, University of Auckland, Waipapa Taumata Rau

    Getty Images

    We’re roughly half way through this parliamentary term, and it looks as though the 2026 election could deliver “Christopher vs Chris: the sequel”.

    Neither leader is currently riding high, though. National’s Christopher Luxon and Labour’s Chris Hipkins are both scoring in the low 20s in the most recent preferred prime minister polls.

    Most voters, it seems, are ambivalent or unimpressed with them. And Luxon has been the subject of media speculation about a possible leadership change.

    But it pays to be cautious, especially this far from an election. Leadership is a complex mix of individual ability, career stage and political context.

    We can think of political leaders having a “stock” of leadership “capital” that fluctuates over time. They build up credit or authority, but they have to spend it. Former supporters can become bored, disappointed or disillusioned.

    Any assessment of a leader will involve some subjective judgements. But the Leadership Capital Index (LCI) was developed by three British and European political scientists as a framework for scoring leadership on a range of sliding measures.

    As this example using former British prime minister Tony Blair shows, the LCI accounts for a leader’s skills, support and reputation based on their performance, polling and prospects over time.

    I applied the LCI to Hipkins and Luxon. Ideally, this would be conducted by a panel, and more than once over a career. But readers are welcome to examine and comment below on my assessments – a virtual panel, if you like. You can see more detail about my reasoning here.

    The LCI’s ten factors are a mixture of the objective and subjective, adding up to an overall ranking of a leader’s political capital on a five-point scale:

    • depleted – “lame duck”

    • low – “politically weakened”

    • medium – “muddling through”

    • high – “momentum”

    • exceptional – “political weather maker”.

    Neither Luxon nor Hipkins performed very well: Luxon came out on the low-capital range looking “politically weakened”, while Hipkins was “muddling through” on medium capital.

    Leadership capital changes over time, and the LCI takes account of that. This assessment relates to mid-March 2025.

    The Leadership Capital Index

    1. Political/policy vision: (1. Completely absent. 2. Unclear/inconsistent. 3. Moderately clear/consistent. 4. Clear/consistent. 5. Very clear/consistent.)

    I’ve given both leaders 4 out of 5 here. Both have presented clear and consistent political and policy visions. Readers who disagree will see I take some relevant issues into account in the items below.

    2. Communication performance: (1. Very poor. 2. Poor. 3. Average. 4. Good. 5. Very good.)

    Luxon has been struggling here. His failure to give broadcaster Mike Hosking a straight answer about a cabinet sacking didn’t help, and he has been criticised for his corporate speaking style. Hipkins has performed better as a communicator (regardless of your views on his values). I’ve given Luxon 2/5 and Hipkins 4/5.

    3. Personal poll rating relative to the most recent election: (1. Very low (–15% or less), 2. Low (–5 to –15%), 3. Moderate (–5% to 5%), 4. High (5-15%), 5. Very High (15% or more).)

    This is an objective numerical measure based on preferred prime minister polls just before the 2023 election compared with the most recent ones. Both Luxon and Hipkins score 3/5.

    4. Longevity (time in office as prime minister): (1. less than 1 year. 2. 1-2 years. 3. 2-3 years. 4. 3-4 years. 5. More than 4.)

    At March 2025, Luxon gets 2/5 and Hipkins gets 1/5. If we included time in office as party leaders, the numbers would be higher.

    5. Selection margin for party leadership: (1. Very small (less than 1%). 2. Small (1-5%). 3. Moderate (5-10%). 4. Large (10-15%). 5. Very large (more than 15%).)

    Both leaders were elected as party leader by their respective caucuses. These votes are private, but it’s known Hipkins’ selection was unanimous. I believe Luxon also won by a large margin (greater than 15%). So they both get 5/5.

    6. Party polling relative to most recent election result: (1. –10% or lower. 2. –10% to –2.5%. 3. –2.5% to +2.5%. 4. +2.5% to 10%. 5. More than 10%.)

    In early March, Labour was polling in the low 30s, up from an election result of 26.9%. So Hipkins gets 4/5. National was also polling in the low 30s, down from 38.1%. So Luxon gets 2/5.

    7. Levels of public trust: (1. 0-20%. 2. 20-40%. 3. 40-60%. 4. 60-80%. 5. 80-100%.)

    Going back to a “trust” poll in early 2023 and a similar one in May that year, Luxon scored a lower trust level (37%) than Hipkins (53%). So Luxon gets 2/5 and Hipkins gets 3/5.

    8. Likelihood of credible leadership challenge within next 6 months: (1. Very high. 2. High. 3. Moderate. 4. Low. 5. Very low.)

    This relies on predictions, but Luxon is in greater danger than Hipkins. National’s polling is down, with some predicting a leadership change (although others acknowledge this could carry more costs than benefits). Hipkins lost the 2023 election but seems secure as Labour leader. Luxon gets 3/5 (moderate risk) and Hipkins gets 4/5 (low risk).

    9. Perceived ability to shape party’s policy platform: (1. Very low. 2. Low. 3. Moderate. 4. High. 5. Very high.)

    This is subjective but not about liking or disliking the policies. Both leaders perform moderately well here on 3/5. Luxon has put his own managerial style on policymaking, notably with quarterly targets. When Jacinda Ardern resigned as prime minister, Hipkins lit a “policy bonfire” to begin afresh. But he is taking time to announce new ones. We’d expect to see improvements for both leaders closer to the election.

    10. Perceived parliamentary effectiveness: (1. Very low. 2. Low. 3. Moderate. 4. High. 5. Very high.)

    Hipkins has an advantage, given his greater parliamentary experience. Luxon hasn’t dealt decisively with two attention-grabbing coalition partners, especially over ACT’s Treaty Principles Bill. Hipkins gets 4/5, Luxon 2/5.

    Final scores – now have your say

    The results add up to a ranking on the leadership capital index. Out of a possible 50, Luxon scores 28 and Hipkins 35. Neither is a great score; both careers look stalled.

    On the index, this defines Luxon as “politically weakened”. This could improve through better communication, sounder leadership of an ambitious team, and greater control over coalition dynamics.

    But Luxon’s leadership capital has never been particularly high. He didn’t enjoy a post-election “honeymoon” and may have peaked early – and low. More low polls may see National remove him, but there is also still time for his policies to pay off.

    The index has Hipkins “muddling through”. He needs to connect with voters, boost his reputation as a future leader (rather than election loser) and sharpen Labour’s policy platform.

    Hipkins’ leadership capital might have peaked in early 2023 when he became prime minister. Labour party polls are up a bit since the election, but his own preferred prime minister polling has stayed relatively low.

    Finally, neither leader has performed well compared with their predecessors John Key and Jacinda Ardern at their heights. But political fortunes can be unpredictable, and crises can even boost them, so the future remains unwritten.


    Is this assessment fair or unfair? Readers are welcome to critique my analysis and offer alternative ratings in the (moderated) comments section below.


    Grant Duncan 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. ‘Politically weakened’ or ‘muddling through’ – Luxon and Hipkins ranked on their mid-term prospects – https://theconversation.com/politically-weakened-or-muddling-through-luxon-and-hipkins-ranked-on-their-mid-term-prospects-252483

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Gov. Polis Meets With Regional Leaders to Discuss Colorado’s Leadership and Efforts to Address Workforce Needs

    Source: US State of Colorado

    ARVADA – Today, Governor Polis met with industry and education leaders from around the Denver region to discuss much needed career pathway solutions and begin developing workforce plans to ensure that Colorado workers develop the skills employers need. Hosted by the Talent Innovation Division within the Colorado Office of Economic Development and International Trade (OEDIT) and the Arvada Chamber of Commerce, the summit is one of seven Opportunity Now Regional Talent Summits being held across the state.

    “Colorado is the best place to live and start a business. As a state, we continue investing in talent development initiatives so  all Coloradans can access good-paying jobs and employers can find the skilled workers needed to grow and thrive,” said Gov. Polis.

    Today’s summit focused on advanced manufacturing, aerospace and defense, and renewables and clean energy in Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Gilpin and Jefferson counties. The roundtable discussions and industry breakout sessions will inform the creation of tactical plans to develop industry-specific career pathways that connect Coloradans to good-paying jobs and meet the needs of the region’s employers.

    “Ensuring Colorado’s employers have access to workers equipped with the skills needed for today’s and tomorrow’s jobs is central to our commitment to building a strong, inclusive economy that benefits everyone. These summits will ensure that workforce development solutions prioritize the needs of industry that are unique for each region,” said Eve Lieberman, OEDIT Executive Director.

    The Regional Talent Summits, established by HB24-1365, build on the impact of the Opportunity Now grant program which has, to date, distributed nearly $90 million to 89 grant recipients to launch and expand innovative talent development programs across the state. Within the nine-county region represented at today’s Regional Talent Summit, notable grant recipients include:

    • BuildStrong Academy – An industry-driven, on-the-job training program enabling participants to learn construction skills while earning a wage. This program places hundreds of Coloradans into jobs every year while supporting the construction of much-needed homes and apartments as well as maintenance of existing structures.
    • Innosphere Ventures – In collaboration with the aerospace industry, structured internship and apprenticeship programs are training a new generation of systems engineers equipped to meet the demands of Colorado’s rapidly growing aerospace sector.
    • CoorsTek – The CoorsTek Training Academy partners with educational institutions to offer youth and mid-career advanced manufacturing apprenticeship programs that teach technical and soft skills.
    • AdvanceEDU – A combination of on-the-job training and college courses support Coloradans to enter the health care industry. Nearly all students are the first in their family to attend college and the program has a 90% success rate for student completion and job placement. This success is attributed in part to services like free childcare, technology, career coaching and financial aid.

    Grant recipients from ActivateWork, AdvanceEdu, African-American Trade Association, BuildStrong Academy, Colorado Community College System/Red Rocks Community College, CoorsTek, CrossPurpose, Denver Economic Development Office (DEDO), Innosphere Ventures, and the St. Vrain Valley School District also participated in today’s summit.

    “These summits empower local business, education and economic development partners to create real, sustainable solutions for workforce development. Understanding these needs and identifying solutions on a regional level is crucial to our success as a state, and I look forward to the action plans that result from this important work,” said House Speaker Julie McCluskie.

    “As a state, we know that workforce development is key to strengthening our economy and helping Coloradans continue to thrive. These summits build on momentum created by the Opportunity Now grant program and will result in real action that connects Denver area workers to good-paying jobs,” said Sen. Jeff Bridges.

    Today’s event follows the Northeast Regional Talent Summit held last month at the University of Northern Colorado in Greeley, which focused on advanced manufacturing, construction and healthcare. Five more summits will take place across the state between now and June 2025, and each region’s tactical workforce plans will be published in the 2025 Colorado Talent Pipeline report, with annual progress reports being published through 2030. The next summit will take place April 2 in Pueblo, focused on advanced manufacturing, construction and technology.

    About the Colorado Office of Economic Development and International Trade

    The Colorado Office of Economic Development and International Trade (OEDIT) works to empower all to thrive in Colorado’s economy. Under the leadership of the Governor and in collaboration with economic development partners across the state, we foster a thriving business environment through funding and financial programs, training, consulting and informational resources across industries and regions. We promote economic growth and long-term job creation by recruiting, retaining, and expanding Colorado businesses and providing programs that support entrepreneurs and businesses of all sizes at every stage of growth. Our goal is to protect what makes our state a great place to live, work, start a business, raise a family, visit and retire—and make it accessible to everyone. Learn more about OEDIT.

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    MIL OSI USA News

  • MIL-OSI Security: Portage Woman sentenced to 21 months in Prison

    Source: Office of United States Attorneys

    HAMMOND – Kathelia Hopkins, 48 years old, of Portage, Indiana, was sentenced by United States District Court Judge Philip P. Simon after pleading guilty to wire fraud announced Acting United States Attorney Tina L. Nommay.

    Hopkins was sentenced to 21 months in prison and was ordered to pay $424,250 in restitution for her role in submitting dozens of fraudulent applications for Economic Injury Disaster Loans (EIDL) to the Small Business Administration (SBA) on behalf of herself and others. 

    According to documents in the case, between June and August 2020, Hopkins submitted applications to the SBA claiming that the Covid-19 epidemic was creating an economic hardship on her business and other businesses owned by her family, friends, and others. The investigation revealed that these applications were falsified and the businesses that Hopkins claimed were entitled to funds either did not exist or did not qualify for EIDL loan funds.  In total, Hopkins sought to extract over $1,250,000 from the disaster loan program and the SBA disbursed over $420,000 relying on her false claims.  Hopkins’ personal profit from the fraud scheme was estimated to be $185,040.  

    This case was investigated by the Federal Bureau of Investigation and prosecuted by Assistant United States Attorney Thomas M. McGrath.

    MIL Security OSI

  • MIL-OSI: Welnax BioClear Reviews: Does This Toenail Fungus Device Really Work or Another Hype?

    Source: GlobeNewswire (MIL-OSI)

    PLAINVIEW, N.Y., March 18, 2025 (GLOBE NEWSWIRE) — Toenail fungus—an issue often dismissed as minor—affects millions worldwide, causing cosmetic embarrassment, pain, and discomfort. While many sufferers turn to creams, ointments, and even prescription medications, results are often slow and inconsistent. However, an innovative device is making waves in nail care: the Welnax BioClear Toenail Fungus Device. With over 8,200 positive reviews, this at-home laser therapy tool claims to eliminate toenail fungus painlessly and effectively.

    For a limited time only, Welnax BioClear is currently being offered at a special discount price for customers here.

    The Hidden Battle Beneath Your Nails

    For those who have never experienced toenail fungus, it might seem like a trivial concern. However, for sufferers, it can be a persistent nightmare. Fungal infections of the toenails, medically known as onychomycosis, often start as a small white or yellow spot under the nail but can quickly spread, leading to thickened, brittle, and discolored nails. In severe cases, the infection can cause pain and an unpleasant odor, making everyday activities like walking or wearing open-toed shoes an ordeal.

    Traditional treatments often come with drawbacks. Topical antifungal creams require long-term application and may not penetrate deep enough to eradicate the fungus. Oral medications can be more effective but carry potential side effects, including liver damage. Laser treatments performed at clinics have shown promise, but they are costly and require multiple sessions. So, could Welnax BioClear truly be the game-changer the world has been waiting for?

    What is Welnax BioClear?

    The Welnax BioClear Toenail Fungus Device is a cutting-edge, non-invasive laser therapy tool designed for at-home use. Unlike traditional treatments that rely on chemicals or pharmaceuticals, Welnax BioClear employs advanced low-level laser therapy (LLLT) to target fungal infections at their root, promoting healthy nail regrowth.

    The device is compact, user-friendly, and portable, making it easy for users to integrate treatment into their daily routine. Designed for all ages, including children (with adult supervision), it requires just 7 minutes per session and claims to deliver visible results in as little as 1 to 2 months.

    (Big Discount) Click Here to Get Welnax BioClear For Up To 70% Off The Original Price

    How Does It Work? The Science Behind the Claims

    Welnax BioClear utilizes low-level laser therapy (LLLT), a technology that has been widely studied for its effectiveness in various medical treatments. The device emits specific wavelengths of light that penetrate the nail bed, directly targeting fungal cells.

    The laser disrupts the fungal cell structure, preventing its growth and reproduction. At the same time, the light energy stimulates blood circulation and cellular regeneration, promoting the growth of healthier, stronger nails. Unlike other treatment methods, Welnax BioClear does not rely on chemicals, ensuring a safe, side-effect-free experience.

    The real curiosity factor here is: How can something so small and non-invasive be powerful enough to eliminate a stubborn fungal infection? Skeptics might raise eyebrows, but thousands of satisfied users suggest the device may be more effective than it seems at first glance.

    User Experience: What Do Customers Say?

    With over 8,200 positive reviews, as shown on its official website, Welnax BioClear has built a loyal customer base. Many users report significant improvements in nail color, thickness, and overall health within weeks. Some even claim their nails have been completely restored within two months of consistent use.

    Here are a few customer testimonials:

    • “I was skeptical at first, but after using Welnax BioClear for about six weeks, my toenail looks almost normal again. No more embarrassment when wearing sandals!” – Jason L., California
    • “I tried so many antifungal creams that did nothing. This little device actually works! Painless, easy to use, and worth every penny.” – Maria T., Florida
    • “My podiatrist recommended expensive laser treatments, but I gave this a shot first. I’m amazed at the results!” – Andrew P., Texas

    However, not every review is glowing. Some users reported slower progress, while others emphasized the need for consistency. Like most treatments, Welnax BioClear is not a magic bullet—it requires patience and regular use for optimal results. Individual results may vary.

    Click Here to Read More Customer Reviews on Welnax BioClear Device Before Purchasing

    Pros and Cons: Weighing the Evidence

    Pros:

    • Non-Invasive & Painless: Unlike surgical treatments or medications with side effects, Welnax BioClear offers a gentle solution.
    • At-Home Convenience: No need for costly clinic visits.
    • Clinically Approved Technology: Low-level laser therapy has been studied and used for medical applications.
    • Fast Treatment Time: Only 7 minutes per session, twice a day.
    • Positive Customer Feedback: Thousands of satisfied users report visible results.
    • No Harsh Chemicals or Drugs: Safe for all ages.

    Cons:

    • Results May Vary: The effectiveness depends on the severity of the fungal infection and consistent use.
    • Requires Patience: While some users see results within weeks, others may need months.
    • Initial Investment: The upfront cost ($99.90 per device) may seem high, though it is more affordable than professional laser treatments.
    • Availability Issues: The device is primarily available online, which may limit accessibility for some users.

    Pricing and Guarantee: Worth the Investment?

    Compared to professional laser treatments, which can cost anywhere from $500 to $1,500, Welnax BioClear is a more budget-friendly option. Pricing options include:

    • 1 Device: $99.90 (Original: $199.90)
    • 2 Devices: $149.90 (Save 62%)
    • 3 Devices: $179.90 (Save 70%)
    • 4 Devices: $199.90 (Save 75%)

    Additionally, Welnax offers a 30-day money-back guarantee, allowing customers to try the product risk-free.

    Is Welnax BioClear the Future of Nail Fungus Treatment?

    Traditional treatments often fall short, so Welnax BioClear presents an intriguing alternative. Its cutting-edge laser therapy, ease of use, and positive customer feedback suggest it could be a breakthrough in nail care. But, as with any treatment, results depend on consistency and individual circumstances.

    The biggest curiosity remains: Could this compact device really be the end of stubborn toenail fungus? Or is it just another fleeting trend? While the testimonials and scientific backing are promising, only time—and more widespread usage—will confirm its ultimate impact.

    One thing is certain: for those struggling with toenail fungus, Welnax BioClear offers a pain-free, convenient, and innovative solution worth exploring. Whether it turns out to be the ultimate solution or just another tool in the fight against fungal infections, it has certainly captured the attention of those seeking healthier, more beautiful nails.

    For more information or to read Welnax BioClear customer testimonials, visit the official website here.

    Media Contact:
    Peter Siddle
    info@hgicounseling.org
    1-888-423-1121

    Disclaimers:

    This article is not intended to provide medical advice or to take the place of medical advice and treatment from your personal physician. Visitors are advised to consult their own doctors or other qualified health professional regarding the treatment of medical conditions. The publisher shall not be held liable or responsible for any misunderstanding or misuse of the information contained on this release or for any loss, damage, or injury caused, or alleged to be caused, directly or indirectly by any treatment, action, or application of any food or food source discussed in this article. The U.S. Food and Drug Administration have not evaluated the statements on this website. The information is not intended to diagnose, treat, cure, or prevent any disease.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/83ce35f0-90be-4672-9ebc-15c5edd5336c

    The MIL Network

  • MIL-OSI: Annual general meeting of Spar Nord Bank A/S

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 07

            

    Annual general meeting of Spar Nord Bank A/S

    Results of the annual general meeting held on 18 March 2025:

    • The report by the Board of Directors, the audited financial statements and the proposal for allocation of profits were approved.
    • The remuneration report for 2024 and the level of the Board’s remuneration in 2025 were approved.
    • The authorisation to the Company to buy treasury shares was approved.
    • Deloitte Statsautoriseret Revisionspartnerselskab was appointed as external auditors to audit the Company’s financial statements and to prepare a report on the Company’s sustainability reporting.
    • The proposals from the Board of Directors to amend the Articles of Association were approved.

    Election of members to the Board of Directors
    Kjeld Johannesen (Nibe), Per Nikolaj Bukh (Risskov), Morten Bach Gaardboe (Slagelse), Henrik Sjøgreen (Gentofte), Lisa Lund Holst (Virum), Michael Lundgaard Thomsen (Aalborg) and Mette Louise Kaagaard (Birkerød) were re-elected as board members.

    In addition, the Board of Directors consists of members elected by the employees: Jannie Skovsen, chairman of Spar Nord Kreds, Gitte Holmgaard, deputy chairman of Spar Nord Kreds, and Rikke Marie Christiansen, HR Partner.

    At the subsequent board meeting, the Board of Directors elected Kjeld
    Johannesen as chairman and Per Nikolaj Bukh as deputy chairman.

    Spar Nord
    Martin Bach
    SVP Corporate Communication

    Attachment

    The MIL Network

  • MIL-OSI Global: The 30,000 year old vulture that reveals a completely new type of fossilisation

    Source: The Conversation – UK – By Valentina Rossi, Postdoctoral researcher, Palaeontology, University College Cork

    Fossilised feathers of the wing of a Pleistocene Vulture from central Italy. Edoardo Terranova, CC BY-SA

    A surprising discovery in the feathers of a fossil vulture from central Italy has revealed that volcanic deposits can preserve delicate tissue structures in unprecedented detail, offering new insights into the fossilisation process.

    In 1889 in the foothills of Mount Tuscolo, 25km south-east of Rome, farm workers discovered something extraordinary. While digging the ground for a new vineyard, they encountered a layer of bedrock with a strange void. This contained the skeleton of a large bird, including apparent imprints of its plumage on the surrounding rocks.

    The bizarre find prompted the landowner to call in the renowned Italian geologist Romolo Meli. By the time of Meli’s arrival on site, however, the workers had consigned most of the fossil blocks to the waste pile, and many were broken.

    After salvaging most of the rocks, Meli identified the specimen as a fossilised griffon vulture. He also noted that the preservation of the plumage was unusual considering the host rock was volcanic.




    Read more:
    Pompeii: ancient remains are helping scientists learn what happens to a body caught in a volcanic eruption


    Meli produced a report about the discovery later that year, and then the fossil vulture faded into obscurity and most of the rock samples were lost. All that remains today are blocks containing the plumage of one wing and the imprint of the bird’s head and neck.

    A few years ago, advances in analytical approaches to studying fossils prompted researchers to become more interested in the specimen, which probably dates from around 30,000 years ago. In 2014 one of us (Dawid Iurino) led a new study using CT scanning (computed tomography) of the imprint of the head and neck.

    This revealed three-dimensional details of the bird’s eyelids, tongue and the texture of its skin and neck (see the video below). Such fine preservation of biological features exceeds even that of the victims of Pompeii.

    In our new study, we then examined the feathers and it became clear that we were looking at something out of the ordinary. Our preliminary microscope analyses surprisingly revealed that the feathers, which have an orange colour that contrasts with the host rock, were preserved in three dimensions.

    Three-dimensional fossil feathers are more commonly found in amber, whereas those in rocks are normally two-dimensional thin layers of dark-coloured organic matter.

    Yet there were still important unanswered questions around how the feathers were preserved in a volcanic deposit, so we carried out some further investigations.

    A new way to fossilise

    The fossil feather.
    Edoardo Terranova, CC BY-SA

    A more detailed microscopic analysis revealed that this three-dimensional preservation extended to the delicate branches of the feathers. We could even see feather structures that were less than one micron (0.001mm) wide, specifically tiny cell organelles (part of a cell) called melanosomes whose pigments contribute to the colouration of feathers.

    Even stranger was the fact that the fossil feather was made of a mineral called zeolite. This mineral is not associated with any other fossil tissues, revealing a means of fossilisation that has never been recorded before. It came about because zeolite forms via the dissolution of volcanic ash and glass.

    The fossil’s level of tissue detail, plus the chemical composition of the feathers, indicates some important differences between the pyroclastic flows that entombed the vulture and the flow that buried Pompeii.

    The ancient residents of Pompeii were buried alive by hot fast-moving, turbulent flows of gas and ashes known as pyroclastic flows, at temperatures exceeding 500°C. At these temperatures, their soft tissues were vaporised, leaving only skeletons and charcoal.

    On the other hand, we do not know exactly how the vulture died. It may have been asphyxiated by toxic clouds of volcanic gas, or may have been killed directly by the pyroclastic flow. What we do know is that the flow was relatively cool because it was diluted with water or far from the volcanic source.

    The processes by which the volcanic sediment hardened into rock and formed zeolite happened relatively quickly (within days), which may explain why delicate structures such as feathers can preserve well in three dimensions. This opens up the possibility that many other ash-rich volcanic rocks may contain remarkable fossils, and are therefore exciting new targets for palaeontological research.

    Valentina Rossi received funding from The Palaeontological Association (UK) and The Paleontological Society (USA). She is currently receiving funding from the European Research Council (H2020-ERC-CoG-1010003293-PALAEOCHEM awarded to Prof. Maria Mcnamara).

    Maria McNamara receives funding from the European Research Council and Research Ireland.

    Dawid Iurino 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. The 30,000 year old vulture that reveals a completely new type of fossilisation – https://theconversation.com/the-30-000-year-old-vulture-that-reveals-a-completely-new-type-of-fossilisation-252400

    MIL OSI – Global Reports

  • MIL-OSI Global: What Trump could learn from the British and Irish trade war of the 1930s

    Source: The Conversation – UK – By Richard Carr, Lecturer in History and Politics, Anglia Ruskin University

    The Blue Water Bridge border crossing connects Michigan in the US with Ontario in Canada. ehrlif/Shutterstock

    During his election campaign, US president Donald Trump claimed the word tariff is “more beautiful than ‘love’”. Now in office, Trump has targeted his closest neighbours and trading partners with those self same policies. He initially concentrated his levies on Canada, China and Mexico – two of which share land borders with the US – before implementing blanket tariffs on all steel and aluminium imports.

    History shows us the impacts these policies can have. In 1932, during Neville Chamberlain’s time as British chancellor, the country slapped what became 40% levies on key exports (including cattle, butter and other agricultural products) from the then Irish Free State. These were promptly met by Irish retaliation on British goods including coal and steel.

    A trade war ensued – and lasted in some form for almost six years.

    As with Trump today, raising tariffs is often partly about some other policy goal. As far as the British-Irish trade war goes, I show in my new book Britain and Ireland From the Treaty to the Troubles that the initial beef (pun intended) was over a decades-long debt obligation. These annuities, as they were known, were predominantly owed by Irish farmers to Anglo-Irish landowners, and were widely disliked.

    In early 1932 Éamon de Valera secured electoral victory in Ireland for his Fianna Fáil party, partly on the basis of refusing to hand over this money. At £5 million, it was a significant sum for a government that took in around £25 million annually.

    Instead, de Valera planned to use the annuities for domestic purposes. He wanted to reward his agricultural and working-class electoral bases principally in Ireland’s west, as well as win over new voters with the nationalist and anti-English nature of his message.

    The legality of the annuities dispute was ambiguous. But de Valera withheld the money, and to recoup the missing millions the British imposed tariffs and punitive quotas. This was swiftly followed by retaliatory measures from Dublin – just as Trump’s moves have seen reaction from abroad.

    The stakes were high. A massive 92% of Irish exports went to the UK, and civil servants in Dublin fretted about the knock-on effects. In the short term, they were right to. Exports of cattle, bacon and other goods collapsed, and emergency domestic subsidy was needed to plug the gap.

    Irish attempts to land a major trade deal with the US by way of compensation went nowhere, and Britain remained its key customer for decades.

    Yet, unlike Trump, de Valera had a clear end goal into which the tariff war fitted rather well. He wanted to retool Irish farming away from livestock towards crops, and invest in Ireland’s nascent industry elsewhere. This included expanding the country’s energy independence and kick-starting its manufacturing sector.

    The retained annuities and the increased political capital his government gained from the trade war both helped with these objectives.

    It took until about 1937, after two more election wins and a referendum victory for de Valera, for British leaders to accept that the Irish public broadly backed their leader. They realised that a bilateral agreement was necessary.

    The dispute was finally ended in April 1938. As the ink dried on a deal that saw tariffs dropped in exchange for a one-off payment from Dublin and the return of three ports to Ireland, the British media hailed the achievement of Chamberlain – now prime minister.

    But this reaction also tells us something. Initially, Chamberlain was portrayed as a genius who had clearly won. But then critics pointed to it being a rather better deal for de Valera (the £10 million one-off sum was nowhere near the £100 million the British had a nominal claim for).

    In this new stance, it had been a great deal precisely because Chamberlain had been so magnanimous. A terrible deal was actually a great deal. Some of that mentality could be seen in reactions to the Munich Agreement with Adolf Hitler a few months later.

    All told, the consequences had been significant. Perhaps 3% of the Irish economy was lost.

    In the meantime, Irish immigration to Britain consequently ticked up as people looked for work. Smuggling at the Northern Irish border ballooned, leading to additional costs to police a frontier where cattle were hurried across unmanned fields and rivers to avoid the tariff.

    Guinness even moved production to London in order to avoid future tariffs.
    gabriel12/Shutterstock

    Major Irish-based industry, including Guinness and Ford, moved operations to the London periphery (Park Royal and Dagenham respectively) to avoid any future duties. Although Ford kept some tractor production in Cork in the south of Ireland, for large parts of its European and imperial business the only way was now Essex.

    All this meant economic dislocation and diplomatic animosity at a point where the geopolitical outlook was troubled – not an unfamiliar story. Although Ireland remained neutral during the second world war – the ultimate show for de Valera of its independence – intelligence cooperation and the service of Irish men and women in the Allied war effort illustrated that the two countries just about muddled through.

    But today, tariffs provoking wider turmoil remains a big worry. As former Canadian prime minister Justin Trudeau noted, Trump’s actions are “a very dumb thing to do” and could lead to “exactly what our opponents around the world want to see … a dispute between two friends and neighbours”.

    Trump may also be wise to note that de Valera’s position was bolstered when he could claim that he was being bullied by a more powerful neighbour. In the past few weeks, the Canadian Liberal Party has surged back in the polls, partly on the back of the same dynamics. The little guy sometimes swings back.

    Richard Carr 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. What Trump could learn from the British and Irish trade war of the 1930s – https://theconversation.com/what-trump-could-learn-from-the-british-and-irish-trade-war-of-the-1930s-252128

    MIL OSI – Global Reports

  • MIL-OSI Security: Security News: Wealthy Miami Man Pleads Guilty to Decades-Long Scheme to Defraud the IRS

    Source: United States Department of Justice 2

    A Miami man pleaded guilty yesterday to conspiring with others to defraud the United States by concealing millions of dollars in assets and income in undisclosed Swiss bank accounts.

    According to court documents and statements made in court, between 1985 and 2020, Dan Rotta hid more than $20 million in assets in dozens of secret Swiss accounts at five different Swiss banks, including UBS, Credit Suisse, Bank Bonhôte, and Bank Julius Baer. The accounts were held in his own name, in the names of sham structures, and, in one instance, a pseudonym. Over the years, Rotta earned tens of millions of dollars of income from these assets that he did not report on his tax returns and that he used to fund his lavish lifestyle. He caused a substantial tax loss to the IRS.

    Rotta employed increasingly elaborate schemes to keep his accounts hidden. Over the years, he kept his accounts open, in part, by falsely representing that he was not a U.S. citizen, leveraging his Brazilian citizenship to claim he was a Brazilian citizen residing in Brazil.

    Starting in 2008, after it was reported publicly that UBS and its bankers were under criminal investigation for helping U.S. taxpayers evade their taxes, Rotta closed his UBS account and moved his funds to Credit Suisse and Bank Bonhôte.

    In 2011, after the IRS obtained records related to one of Rotta’s Swiss accounts, Rotta nominally changed the documentation of his accounts at Credit Suisse and Bank Bonhôte to make it appear that his co-conspirator, a Brazilian national and resident, owned the assets in the accounts. Despite the change, Rotta continued to control the assets and transferred millions of dollars out of those accounts for his use.

    Shortly after Rotta changed the account documentation, the IRS began auditing Rotta. During the audit, Rotta falsely denied that he owned the assets in the foreign financial accounts and, instead, claimed that the millions of dollars he withdrew from the accounts were non-taxable loans from foreign nationals. Rotta provided the IRS with fake promissory notes and false affidavits from the foreign nationals to corroborate his claims. During the audit, Rotta continued to use the funds in his foreign accounts to fund his lifestyle in the United States, but to conceal his use of the funds from the IRS, he often routed transfers from his foreign accounts through nominee accounts and attorney trust fund accounts in the United States.

    The IRS did not believe Rotta’s story and assessed millions of dollars of additional taxes as well as penalties and interest against him. Rotta sought to reverse the assessments by filing a false petition in U.S. Tax Court. In that petition, Rotta, through his attorney, falsely denied having any foreign accounts and attached fictitious loan documents. Furthermore, the nominee account owners traveled to the United States to retell the false loan story to IRS attorneys.

    In 2017, after Rotta presented evidence that the purported loans had been repaid, the IRS reversed the deficiencies and agreed that Rotta owed no additional tax. Unbeknownst to the IRS, however, the “loan repayments” were fake: the funds that Rotta purportedly repaid went back into accounts that Rotta controlled shortly after the IRS dismissed the suit. Also as part of the conspiracy, Rotta had his U.S.-based attorneys create sham trust structures that he used to transfer his assets to the United States without alerting the IRS. On paper, it appeared that Rotta’s co-conspirator funded the trusts for Rotta’s benefit. In reality, Rotta funded the trusts with transfers from Swiss accounts.

    In 2019, Rotta became aware that the IRS would receive additional account records from Switzerland that contradicted the false claims that he had previously made. To avoid criminal liability, Rotta applied to participate in the IRS’s voluntary disclosure practice. Under that practice, taxpayers who failed to comply with their tax and reporting obligations can make timely, accurate, and complete disclosures of their conduct, which may offer a path to resolve their non-compliance and limit their criminal exposure. Rotta made false statements in his submission, including falsely claiming that the assets in the Swiss accounts mostly belonged to others, and that any funds provided to Rotta were non-taxable gifts. Rotta also claimed that the nominee account owner gifted Rotta money because the nominee had no children to benefit from the funds. In fact, the nominee had two children.

    Rotta is scheduled to be sentenced on June 4. He faces a maximum penalty of five years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division, U.S. Attorney Hayden O’Byrne for the Southern District of Florida, and Executive Special Agent in Charge Kareem Carter of IRS Criminal Investigation (IRS-CI)’s Washington, D.C., Field Office made the announcement.

    Special Agents from IRS-CI’s International Tax & Financial Crimes specialty group, a team based out of Washington, D.C., and dedicated to uncovering international tax crimes, is investigating the case.

    Senior Litigation Counsels Sean Beaty and Mark Daly and Trial Attorneys Patrick Elwell and William Montague of the Tax Division, as well as Senior Litigation Counsel Christopher J. Clark for the Southern District of Florida, are prosecuting the case.

    MIL Security OSI

  • MIL-OSI Banking: AGNICO EAGLE COMPLETES ACQUISITION OF 100% OF O3 MINING

    Source: Agnico Eagle Mines

    (All amounts expressed in Canadian dollars unless otherwise noted)

    TORONTO, March 18, 2025 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle“) and O3 Mining Inc. (TSXV: OIII), (OTCQX: OIIIF) (“O3 Mining“) are pleased to jointly announce that Agnico Eagle has today completed the acquisition of 100% of the outstanding common shares of O3 Mining (the “Common Shares“) pursuant to the amalgamation (the “Amalgamation“) of O3 Mining and Agnico Eagle Abitibi Acquisition Corp., a wholly-owned subsidiary of Agnico Eagle.  O3 Mining is now a wholly-owned subsidiary of Agnico Eagle. 

    The Amalgamation constituted the subsequent acquisition transaction contemplated by Agnico Eagle’s board-supported take-over bid to acquire O3 Mining. Under the Amalgamation, shareholders of O3 Mining, other than Agnico Eagle, will receive $1.67 in cash per Common Share (the “Consideration“).

    It is expected that the Common Shares will be delisted from the TSX Venture Exchange on or around March 20, 2025 and O3 Mining will file an application to cease to be a reporting issuer under Canadian securities laws.

    Additional Information and How to Receive the Consideration

    Additional information concerning the Amalgamation is contained in the notice of special meeting and management information circular of O3 Mining (the “Circular“) dated February 13, 2025.  The Circular is available under O3 Mining’s issuer profile on SEDAR+ at www.sedarplus.ca.

    In order to receive the Consideration (less applicable withholdings), each registered shareholder must properly complete and duly execute the letter of transmittal enclosed with the Circular and deliver such letter of transmittal, together with all other necessary documents and instruments to Odyssey Trust Company, in its capacity as depositary for the Amalgamation, at the address specified in the letter of transmittal and otherwise in accordance with the instructions contained in the letter of transmittal.  Non-registered shareholders whose Common Shares are registered in the name of an investment advisor, broker, bank, trust company, custodian, nominee or other intermediary must contact such intermediary for instructions and assistance in exchanging their Common Shares for the Consideration.  

    If you have any questions or require assistance, please contact Laurel Hill Advisory Group, by phone at 1-877-452-7187 or by e-mail at assistance@laurelhill.com.

    Information for Warrantholders

    Any warrants to acquire Common Shares (the “Warrants“) that remain outstanding may be exercised prior to the expiry time thereof in accordance with the terms of the Warrant Indenture governing the Warrants, as amended, and will receive on exercise, in lieu of Common Shares, $1.67 in cash. The Warrant Indenture has been amended by a supplemental indenture to give effect to the foregoing. In connection such amendment, the exercise form to be used by holders of outstanding Warrants has been amended and replaced with an amended exercise form attached as Appendix E to the Circular.  For additional information, please contact investor.relations@agnicoeagle.com or call (416) 947-1212.

    About Agnico Eagle Mines Limited

    Agnico Eagle is a Canadian based and led senior gold mining company and the third largest gold producer in the world, producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of high-quality exploration and development projects. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

    Cautionary Note Regarding Forward-Looking Information

    This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation that is based on current expectations, estimates, projections, and interpretations about future events as at the date of this news release. Forward-looking information and statements are based on estimates of management by Agnico Eagle and O3 Mining, at the time they were made, and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information or statements. Forward-looking statements in this news release include, but are not limited to, statements regarding: the timing for the delisting of O3 Mining from the TSX Venture Exchange and for O3 Mining to cease to be a reporting issuer; and the receipt of $1.67 in cash on the exercise of Warrants. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include, without limitation, expectations relating to the timing for the delisting of the Common Shares and O3 Mining (or its successor) filing an application to cease to be a reporting issuer under applicable securities laws; and expectations concerning the outstanding Warrants. Agnico Eagle and O3 Mining caution that the foregoing list of material factors and assumptions is not exhaustive. Although the forward-looking information contained in this news release is based upon what Agnico Eagle and O3 Mining believe, or believed at the time, to be reasonable expectations and assumptions, there is no assurance that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither O3 Mining, nor Agnico Eagle nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. Agnico Eagle and O3 Mining do not undertake, and assume no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by applicable law. These statements speak only as of the date of this news release. Nothing contained herein shall be deemed to be a forecast, projection or estimate of the future financial performance of Agnico Eagle or any of its affiliates or O3 Mining.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. 

    SOURCE O3 Mining Inc.

    MIL OSI Global Banks

  • MIL-OSI Security: Wealthy Miami Man Pleads Guilty to Decades-Long Scheme to Defraud the IRS

    Source: United States Attorneys General 13

    A Miami man pleaded guilty yesterday to conspiring with others to defraud the United States by concealing millions of dollars in assets and income in undisclosed Swiss bank accounts.

    According to court documents and statements made in court, between 1985 and 2020, Dan Rotta hid more than $20 million in assets in dozens of secret Swiss accounts at five different Swiss banks, including UBS, Credit Suisse, Bank Bonhôte, and Bank Julius Baer. The accounts were held in his own name, in the names of sham structures, and, in one instance, a pseudonym. Over the years, Rotta earned tens of millions of dollars of income from these assets that he did not report on his tax returns and that he used to fund his lavish lifestyle. He caused a substantial tax loss to the IRS.

    Rotta employed increasingly elaborate schemes to keep his accounts hidden. Over the years, he kept his accounts open, in part, by falsely representing that he was not a U.S. citizen, leveraging his Brazilian citizenship to claim he was a Brazilian citizen residing in Brazil.

    Starting in 2008, after it was reported publicly that UBS and its bankers were under criminal investigation for helping U.S. taxpayers evade their taxes, Rotta closed his UBS account and moved his funds to Credit Suisse and Bank Bonhôte.

    In 2011, after the IRS obtained records related to one of Rotta’s Swiss accounts, Rotta nominally changed the documentation of his accounts at Credit Suisse and Bank Bonhôte to make it appear that his co-conspirator, a Brazilian national and resident, owned the assets in the accounts. Despite the change, Rotta continued to control the assets and transferred millions of dollars out of those accounts for his use.

    Shortly after Rotta changed the account documentation, the IRS began auditing Rotta. During the audit, Rotta falsely denied that he owned the assets in the foreign financial accounts and, instead, claimed that the millions of dollars he withdrew from the accounts were non-taxable loans from foreign nationals. Rotta provided the IRS with fake promissory notes and false affidavits from the foreign nationals to corroborate his claims. During the audit, Rotta continued to use the funds in his foreign accounts to fund his lifestyle in the United States, but to conceal his use of the funds from the IRS, he often routed transfers from his foreign accounts through nominee accounts and attorney trust fund accounts in the United States.

    The IRS did not believe Rotta’s story and assessed millions of dollars of additional taxes as well as penalties and interest against him. Rotta sought to reverse the assessments by filing a false petition in U.S. Tax Court. In that petition, Rotta, through his attorney, falsely denied having any foreign accounts and attached fictitious loan documents. Furthermore, the nominee account owners traveled to the United States to retell the false loan story to IRS attorneys.

    In 2017, after Rotta presented evidence that the purported loans had been repaid, the IRS reversed the deficiencies and agreed that Rotta owed no additional tax. Unbeknownst to the IRS, however, the “loan repayments” were fake: the funds that Rotta purportedly repaid went back into accounts that Rotta controlled shortly after the IRS dismissed the suit. Also as part of the conspiracy, Rotta had his U.S.-based attorneys create sham trust structures that he used to transfer his assets to the United States without alerting the IRS. On paper, it appeared that Rotta’s co-conspirator funded the trusts for Rotta’s benefit. In reality, Rotta funded the trusts with transfers from Swiss accounts.

    In 2019, Rotta became aware that the IRS would receive additional account records from Switzerland that contradicted the false claims that he had previously made. To avoid criminal liability, Rotta applied to participate in the IRS’s voluntary disclosure practice. Under that practice, taxpayers who failed to comply with their tax and reporting obligations can make timely, accurate, and complete disclosures of their conduct, which may offer a path to resolve their non-compliance and limit their criminal exposure. Rotta made false statements in his submission, including falsely claiming that the assets in the Swiss accounts mostly belonged to others, and that any funds provided to Rotta were non-taxable gifts. Rotta also claimed that the nominee account owner gifted Rotta money because the nominee had no children to benefit from the funds. In fact, the nominee had two children.

    Rotta is scheduled to be sentenced on June 4. He faces a maximum penalty of five years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division, U.S. Attorney Hayden O’Byrne for the Southern District of Florida, and Executive Special Agent in Charge Kareem Carter of IRS Criminal Investigation (IRS-CI)’s Washington, D.C., Field Office made the announcement.

    Special Agents from IRS-CI’s International Tax & Financial Crimes specialty group, a team based out of Washington, D.C., and dedicated to uncovering international tax crimes, is investigating the case.

    Senior Litigation Counsels Sean Beaty and Mark Daly and Trial Attorneys Patrick Elwell and William Montague of the Tax Division, as well as Senior Litigation Counsel Christopher J. Clark for the Southern District of Florida, are prosecuting the case.

    MIL Security OSI

  • MIL-OSI Global: Why Canada must treat its food system as a matter of national defence

    Source: The Conversation – Canada – By Karen Foster, Associate Professor, Sociology and Social Anthropology and Canada Research Chair in Sustainable Rural Futures for Atlantic Canada, Dalhousie University

    Rising tensions between Canada and the United States have made increased military investment and a renewed focus on national defence all but inevitable.

    A recent Angus Reid poll found three in four Canadians want to see the country’s military strengthened in response to U.S. President Donald Trump’s threats to annex Canada as the 51st state. In early March, former prime minister Justin Trudeau committed publicly to increasing military spending.

    While it makes sense for a country feeling vulnerable to invasion to look at recruiting new soldiers and increasing its arsenal, there is an additional facet of national defence that is too often overlooked: food preparedness.

    Trump’s on-again, off-again tariffs are already “stoking a new nationalism” in Canadians and sparking interest in buying local, but food should be part of the national defence conversation, too.

    The double edge of globalization

    The globalization of food systems, in Canada and the rest of the world, has intensified since the Second World War. This has brought some benefits, such as year-round access to fresh produce, but it has also made Canada’s food systems vulnerable to the whims of its trading partners.

    Academics focused on food security and sovereignty have long raised concerns about import-dependence on key nutritious foods like fruits and vegetables.

    Even in 2021, when the COVID-19 pandemic shone a harsh light on food supply chains in Canada, research showed that the production of fresh produce was declining while imports were increasing.

    Now, faced with both a trade war and annexation threats, Canada must confront whether its domestic food systems can feed its population in a crisis — economic, political, environmental or otherwise.

    Food systems and national defence

    Trade-dependent countries worldwide are recognizing food security as a matter of national defence. Some, like Sweden, are making plans to take stock of the capacity and resilience of their food systems, and actively working toward a system that can sustain the lives of their citizens in a crisis.

    Sweden’s total goods trade accounted for 67 per cent of its GDP in 2023, compared to Canada’s 53 per cent. Despite its high level of trade dependence, Sweden has put food at the heart of the country’s total defence approach to national security.

    Total defence is a defence policy that emphasizes both traditional military activities and civilian activities, including their food systems.

    The Swedish government, in its defence resolution, states: “A well-functioning and robust food supply and personal preparedness of the civil population are ultimately a matter of survival and maintaining the will to defend.”

    This approach is not focused only on individual or household levels of preparedness — that is, whether people have enough in their pantries — but also includes the overall preparedness of the systems that produce, process and distribute food.

    Canada, with its heavy reliance on global trade and the U.S. as a primary trading partner, would do well to take note.

    Food sovereignty in Canada

    There are hundreds of scholars and thousands of community entities working to make Canada’s food systems more sustainable and resilient in the face of financialization, farmland consolidation and the globalization of supply chains.

    In Québec, for example, there is a growing movement to mobilize and empower producers, community entities, the agrifood sector, policymakers and additional stakeholders to build more resilient, territorial food systems across the province.




    Read more:
    Making our food fairer: Don’t Call Me Resilient EP 12


    Canadian experts play a key role in global discussions on food systems resilience, with scholars contributing to the United Nations Committee on World Food Security’s Building Resilient Food Systems draft report. This report is designed to help countries make their food systems more resilient, equitable and sustainable.

    Yet Canada’s efforts are not co-ordinated, empowered or moving fast enough in the push for greater food sovereignty. The point is not to abandon trade, but to manage it more strategically.

    Both international and domestic markets are crucial for Canadian farmers, and many local companies are devoted to importing everyday goods like coffee, tea and bananas under fair trade and agroecological conditions.

    Trade relations, however, are about more than economics; they involve building political partnerships with Mexico, the European Union, Asian countries and beyond — something Canada needs now more than ever.

    Sweden has already recognized this. Its food preparedness strategy involves deepening co-operation with like-minded Nordic countries and collaborating around the supply, transport, stockpiling and testing of food.

    Crisis-proofing Canada’s food systems

    To ensure Canada can feed itself in a crisis, the government must invest in domestic production, processing and distribution infrastructure. This would create more efficient, connected local markets that removes some of the burden of buying local from individuals.




    Read more:
    Boycotting U.S. products allows Canadians to take a rare political stand in their daily lives


    The Canadian government must also promote diversification in production and export. Canada needs to move away from monoculture farming and toward more regional networks and agroecological approaches. These approaches are more resilient to both crops themselves and the diverse markets they open up, reducing Canada’s dependence on single trading partners like the U.S.

    Key agricultural policies such as the Sustainable Canadian Agricultural Partnership need to go beyond the long-standing focus on prioritizing export markets. They must also invest in infrastructure and partnerships in Canada to strengthen their support of Canadian producers, ranchers, fisheries and food system players at home, to help them work together at a regional scale.

    Correcting power imbalances in our food systems is also critical. Greater local and regional autonomy over how food is produced, processed and distributed would help with this. These strategies would make Canada less vulnerable to supply chain disruption.

    Countries like Sweden recognize these efforts as part of national defence — an approach Canada should consider.

    But while we fight annexation from the kitchen table, we must recognize it doesn’t start there; it starts at a higher level. Only better policy, infrastructure and systemic change can prepare Canada to be more proactive and resilient in the face of world crises — economic or otherwise.

    Karen Foster receives research funding from the Social Sciences and Humanities Research Council of Canada (SSHRC) as well as Agriculture and Agri-Food Canada (AAFC). She is the director of the SSHRC/AAFC-funded Common Ground Canada Network.

    Alicia Martin is a Postdoctoral Fellow with the SSHRC/AAFC-funded Common Ground Canada Network.

    Gavin Fridell receives funding from the Social Science and Humanities Research Council (SSHRC) of Canada. He is a member of the Trade and Investment Research Project at the Canadian Centre for Policy Alternatives.

    Kathleen Kevany receives funding from The Social Sciences and Humanities Research Council, for the Food Impact Network research and knowledge mobilization for the handbook of sustainable diets; Natural Sciences and Engineering Research Council (NSERC) for food waste prevention work, and Mitacs for internships on food procurement and food environment analysis.

    I am advised to Farm to Cafeteria Canada (F2CC) an NGO.

    ref. Why Canada must treat its food system as a matter of national defence – https://theconversation.com/why-canada-must-treat-its-food-system-as-a-matter-of-national-defence-251118

    MIL OSI – Global Reports

  • MIL-OSI USA: Wealthy Miami Man Pleads Guilty to Decades-Long Scheme to Defraud the IRS

    Source: US State of North Dakota

    A Miami man pleaded guilty yesterday to conspiring with others to defraud the United States by concealing millions of dollars in assets and income in undisclosed Swiss bank accounts.

    According to court documents and statements made in court, between 1985 and 2020, Dan Rotta hid more than $20 million in assets in dozens of secret Swiss accounts at five different Swiss banks, including UBS, Credit Suisse, Bank Bonhôte, and Bank Julius Baer. The accounts were held in his own name, in the names of sham structures, and, in one instance, a pseudonym. Over the years, Rotta earned tens of millions of dollars of income from these assets that he did not report on his tax returns and that he used to fund his lavish lifestyle. He caused a substantial tax loss to the IRS.

    Rotta employed increasingly elaborate schemes to keep his accounts hidden. Over the years, he kept his accounts open, in part, by falsely representing that he was not a U.S. citizen, leveraging his Brazilian citizenship to claim he was a Brazilian citizen residing in Brazil.

    Starting in 2008, after it was reported publicly that UBS and its bankers were under criminal investigation for helping U.S. taxpayers evade their taxes, Rotta closed his UBS account and moved his funds to Credit Suisse and Bank Bonhôte.

    In 2011, after the IRS obtained records related to one of Rotta’s Swiss accounts, Rotta nominally changed the documentation of his accounts at Credit Suisse and Bank Bonhôte to make it appear that his co-conspirator, a Brazilian national and resident, owned the assets in the accounts. Despite the change, Rotta continued to control the assets and transferred millions of dollars out of those accounts for his use.

    Shortly after Rotta changed the account documentation, the IRS began auditing Rotta. During the audit, Rotta falsely denied that he owned the assets in the foreign financial accounts and, instead, claimed that the millions of dollars he withdrew from the accounts were non-taxable loans from foreign nationals. Rotta provided the IRS with fake promissory notes and false affidavits from the foreign nationals to corroborate his claims. During the audit, Rotta continued to use the funds in his foreign accounts to fund his lifestyle in the United States, but to conceal his use of the funds from the IRS, he often routed transfers from his foreign accounts through nominee accounts and attorney trust fund accounts in the United States.

    The IRS did not believe Rotta’s story and assessed millions of dollars of additional taxes as well as penalties and interest against him. Rotta sought to reverse the assessments by filing a false petition in U.S. Tax Court. In that petition, Rotta, through his attorney, falsely denied having any foreign accounts and attached fictitious loan documents. Furthermore, the nominee account owners traveled to the United States to retell the false loan story to IRS attorneys.

    In 2017, after Rotta presented evidence that the purported loans had been repaid, the IRS reversed the deficiencies and agreed that Rotta owed no additional tax. Unbeknownst to the IRS, however, the “loan repayments” were fake: the funds that Rotta purportedly repaid went back into accounts that Rotta controlled shortly after the IRS dismissed the suit. Also as part of the conspiracy, Rotta had his U.S.-based attorneys create sham trust structures that he used to transfer his assets to the United States without alerting the IRS. On paper, it appeared that Rotta’s co-conspirator funded the trusts for Rotta’s benefit. In reality, Rotta funded the trusts with transfers from Swiss accounts.

    In 2019, Rotta became aware that the IRS would receive additional account records from Switzerland that contradicted the false claims that he had previously made. To avoid criminal liability, Rotta applied to participate in the IRS’s voluntary disclosure practice. Under that practice, taxpayers who failed to comply with their tax and reporting obligations can make timely, accurate, and complete disclosures of their conduct, which may offer a path to resolve their non-compliance and limit their criminal exposure. Rotta made false statements in his submission, including falsely claiming that the assets in the Swiss accounts mostly belonged to others, and that any funds provided to Rotta were non-taxable gifts. Rotta also claimed that the nominee account owner gifted Rotta money because the nominee had no children to benefit from the funds. In fact, the nominee had two children.

    Rotta is scheduled to be sentenced on June 4. He faces a maximum penalty of five years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division, U.S. Attorney Hayden O’Byrne for the Southern District of Florida, and Executive Special Agent in Charge Kareem Carter of IRS Criminal Investigation (IRS-CI)’s Washington, D.C., Field Office made the announcement.

    Special Agents from IRS-CI’s International Tax & Financial Crimes specialty group, a team based out of Washington, D.C., and dedicated to uncovering international tax crimes, is investigating the case.

    Senior Litigation Counsels Sean Beaty and Mark Daly and Trial Attorneys Patrick Elwell and William Montague of the Tax Division, as well as Senior Litigation Counsel Christopher J. Clark for the Southern District of Florida, are prosecuting the case.

    MIL OSI USA News

  • MIL-OSI: WithSecure Corporation: SHARE REPURCHASE 18.3.2025

    Source: GlobeNewswire (MIL-OSI)

    WithSecure Corporation, STOCK EXCHANGE RELEASE, 18 March 2025 at 6.30 PM (EET)
           
           
    WithSecure Corporation: SHARE REPURCHASE 18.3.2025  
           
    In the Helsinki Stock Exchange      
           
    Trade date           18.3.2025    
    Bourse trade         Buy    
    Share                  WITH    
    Amount             15 000 Shares  
    Average price/ share    0,9562 EUR  
    Total cost            14 343,00 EUR  
           
           
    WithSecure Corporation now holds a total of 181 890 shares  
    including the shares repurchased on 18.3.2025    
           
    The share buybacks are executed in compliance with Regulation   
    No. 596/2014 of the European Parliament and Council (MAR) Article 5
    and the Commission Delegated Regulation (EU) 2016/1052.  
           
           
    On behalf of Withsecure Corporation    
           
    Nordea Bank Oyj      
           
    Janne Sarvikivi           Sami Huttunen    
           
           
    Contact information:      
    Laura Viita      
    Vice President Controlling, Investor relations and Sustainability
    WithSecure Corporation      
    Tel. +358 50 4871044      
    Investor-relations@withsecure.com      

    Attachment

    The MIL Network

  • MIL-OSI: Dassault Systèmes: Filing of the 2024 Universal Registration Document

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    VELIZY-VILLACOUBLAY, FranceMarch 18, 2025

    Filing of the 2024 Universal Registration Document

    Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) announces the filing on March 18, 2025 of its French 2024 Universal Registration Document (constituting the Annual Financial Report) with the Autorité des marchés financiers.  

    The French version of this document is available on Dassault Systèmes’ website at https://investor.3ds.com/fr (sections Regulated information or Events & Publications/ Reports). Hard copies of the French 2024 Universal Registration Document are also available upon request at Dassault Systèmes’ headquarters (10, rue Marcel Dassault, CS 40501 – 78946 Vélizy-Villacoublay, France). The English version will be available on Dassault Systèmes’ website (https://investor.3ds.com/) in the coming days.

    The following documents are included in the Universal Registration Document in accordance with legal provisions:

    • 2024 Annual Financial Report;
    • Board of Directors’ Report on corporate governance;
    • Sustainability Report; and
    • Description of the share repurchase program proposed to the General Shareholders’ Meeting.

    ###

    ABOUT DASSAULT SYSTÈMES

    Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes’ 3DEXPERIENCE platform, 350 000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit www.3ds.com.

    Dassault Systèmes Investor Relations Team                FTI Consulting
    Béatrix Martinez :                                        Arnaud de Cheffontaines: +33 1 47 03 69 48
    +33 1 61 62 40 73                                        Jamie Ricketts : +44 20 3727 1600
    investors@3ds.com                                        

    Dassault Systèmes Press Contacts
    Corporate / France        
    Arnaud Malherbe: +33 1 61 62 87 73
    arnaud.malherbe@3ds.com        

    © Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.

    Attachment

    The MIL Network

  • MIL-OSI USA: King, Colleagues Demand USDA Reverse $1 Billion in Canceled Local Food Purchases for Maine Schools, Farmers

    US Senate News:

    Source: United States Senator for Maine Angus King

    WASHINGTON, D.C. – U.S. Senator Angus King is demanding the U.S. Department of Agriculture (USDA) reverse its cancelation of food purchase programs for food banks, schools and childcare centers in Maine and across the United States. In a letter to USDA Secretary Brooke Rollins from King and a number of his colleagues, the Senators said the reported $1 billion in cancelled purchases by the USDA adds further pain at a time of high food prices and instability within U.S. agricultural markets. 

    “We ask that you reverse the cancellation,” the Senators wrote. “We have grave concerns that the cancellation…poses extreme harm to producers and communities in every state across the country. At a time of uncertainty in farm country, farmers need every opportunity to be able to expand market access for their products.” 

    In Maine, cancelation of purchases through USDA’s Local Food Purchase Assistance Cooperative Agreement Program (LFPA) and the Local Food for Schools Cooperative Agreement Program (LFS) puts more than $1.3 million in local food purchases for food-insecure Maine people at risk in Fiscal Year 2025. 

    “At Good Shepherd Food Bank, we use LFPA funding to purchase fresh local produce from dozens of Maine farmers,” said Heather Paquette, President of Good Shepherd Food Bank. “The reduction of these funds will have a significant negative impact on farmers who plan on this income continuity, and neighbors who benefit from this nutritious local produce. We appreciate [Senator King’s] consideration for reinstating this LFPA25 extension.”

    “The Maine School Nutrition Association would like to extend their gratitude and support of the letter that Senator King has sent to the USDA asking to reinstate Local Food for Schools Cooperative Agreement Program (LFS) funds,” said Caroline Trinder, Maine School Nutrition Association President Elect. “These funds have been beneficial to both our students and farmers, with 119 districts in all 16 counties in Maine buying local. School districts have been able to source local fish, beef, dairy, and produce from our farmers and fishermen here in Maine. This food provides our children healthy, minimally processed foods that we are proud to serve in our cafeterias! Thank you, Senator King, for advocating for our students and farmers!”

    The full letter sent to USDA Secretary Brooke Rollins can be found here and below.

    +++

    Dear Secretary Rollins:  

    We write to express serious concerns regarding the cancellation of U.S. Department of Agriculture (USDA) programs supporting local and regional food purchases providing assistance to those in need. These successful programs, the Local Food Purchase Assistance Cooperative Agreement Program (LFPA) and the Local Food for Schools Cooperative Agreement Program (LFS), allow states, territories, and Tribes to purchase local foods from nearby farmers and ranchers to be used for emergency food providers, schools, and child care centers.  

    At a time when food insecurity remains high, providing affordable, fresh food to food banks and families while supporting American farmers is critical. Notably, LFPA and LFS have benefitted producers and consumers by providing funding for purchases through all 50 states, four territories, and 84 tribal governments. Through LFPA and LFS, USDA has prioritized the procurement and distribution of healthy, nutritious, domestic food. It has also taken an important step towards igniting rural prosperity by expanding and strengthening markets among farmers and rural economies. As of December 2024, the programs had supported over 8,000 producers, providing increased marketing opportunities.  

    Most importantly, we ask that you reverse the cancellation of LFPA and LFS. We also ask that you provide a thorough and complete update on USDA’s implementation of LFPA and LFS, including answers to the following questions:  

    1.        What is the status of reimbursements for entities that have agreements with USDA through LFPA and LFS? What is the last date for which states, territories, and Tribes received reimbursements for food purchases under LFPA and LFS?  

    2.        Has the Administration conducted any assessments of how these program cancellations will impact producers and recipient organizations (e.g., food banks, schools, child care centers)? If so, please provide a copy of any such assessments.  

    We have grave concerns that the cancellation of LFPA and LFS poses extreme harm to producers and communities in every state across the country. At a time of uncertainty in farm country, farmers need every opportunity to be able to expand market access for their products.  

    Please provide responses to the information requested in our questions no later than Friday, April 4. Thank you for your attention to this urgent and important matter.  

    MIL OSI USA News

  • MIL-OSI USA: PASSED THE SENATE: Senators Hassan, Shaheen’s Bipartisan HALT Fentanyl Act

    US Senate News:

    Source: United States Senator for New Hampshire Maggie Hassan

    WASHINGTON – A bipartisan bill that U.S. Senators Maggie Hassan and Jeanne Shaheen helped introduce to permanently classify fentanyl-related substances as Schedule I drugs under the Controlled Substances Act passed the U.S. Senate last week. The Halt All Lethal Trafficking of (HALT) Fentanyl Act passed with an 84-16 bipartisan vote.  

    “New Hampshire’s fentanyl crisis has resulted in devastating losses for our families and communities,” said Senator Hassan. “As the fentanyl crisis has evolved, cartels and traffickers have also changed their tactics, altering the chemical makeup of the synthetic opioid by just one or two molecules to try to evade prosecution under existing law even though the slightly altered drug has the same effects as fentanyl does. This bipartisan legislation to permanently classify these fentanyl-like substances as being in the same category as the most dangerous narcotics will help ensure that law enforcement officials have the tools that they need to get these illegal drugs off our streets. I am glad that it passed the Senate.”

    “In the Granite State we’ve lost far too many lives due to fentanyl overdoses, and we must do everything we can to prevent more deaths,” said Senator Shaheen. “I was proud to join my colleagues in passing this legislation that will help stop the flow of fentanyl into our communities, hold traffickers accountable and save lives.”  

    The HALT Fentanyl Act would finally make permanent the scheduling of illicitly produced fentanyl-related substances as Schedule I drugs and streamline the regulatory process for scientists seeking approval to research Schedule I substances. The HALT Fentanyl Act places the strongest controls and penalties on fentanyl-related substances, which have no accepted medical use and a high potential for abuse. In 2018, the Drug Enforcement Administration first temporarily scheduled fentanyl-related substances as Schedule I drugs, and Congress has repeatedly extended that scheduling. The temporary scheduling is now set to expire on March 31, 2025.  

    This bipartisan bill is part of Senator Hassan’s ongoing efforts to stop drug trafficking and support communities devastated by the fentanyl crisis. Senator Hassan helped advance the DETECT Fentanyl and Xylazine Act, which was signed into law in December and is supporting law enforcement with enhanced tools to find and eliminate illegal substances such as fentanyl and xylazine. Senators Hassan, Shaheen, and their colleagues also passed into law the FEND Off Fentanyl Act, which targets the illicit fentanyl supply chain and imposes sanctions on traffickers. Senator Hassan also developed the END FENTANYL Act, signed into law last year, which helps Customs and Border Protection crack down on fentanyl trafficking at the border. 

    Shaheen has spearheaded crucial legislation and funding to fight the substance use disorder epidemic, including through her leadership on the pivotal U.S. Senate Appropriations Subcommittee on Commerce, Justice, Science and Related Agencies, which funds the U.S. Department of Justice. Shaheen also recently introduced her bipartisan Keeping Drugs Out of Schools Act to help prevent youth opioid use and overdoses by establishing a new grant program that allows current or former Drug-Free Communities (DFC) coalitions to partner with schools to provide resources educating students about the dangers of synthetic opioids. 

    MIL OSI USA News

  • MIL-OSI USA: Grassley Announces Promotion of IRS Whistleblowers Gary Shapley and Joseph Ziegler

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    BUTLER COUNTY, IOWA – At the urging of U.S. Sen. Chuck Grassley (R-Iowa), the U.S. Department of Treasury has agreed to promote Internal Revenue Service (IRS) whistleblowers Gary Shapley and Joseph Ziegler to leadership positions at Treasury Headquarters in Washington, D.C.

    Under the Biden administration, Shapley and Ziegler were issued an illegal gag order and persistently retaliated against for exposing the Biden IRS and Department of Justice (DOJ)’s obstruction of the federal criminal investigation into Hunter Biden’s tax offenses. Grassley wrote President Donald Trump last month urging the President to support Shapley and Ziegler and hold their retaliators accountable. On February 25, Grassley sent a private letter to U.S. Treasury Secretary Scott Bessent commending Shapley and Ziegler’s “bravery, courage, expertise and integrity” and requesting Bessent take action to place Shapley and Ziegler in leadership positions. Today’s announcement is a result of Grassley’s direct request.

    “As I noted in my letter to Secretary Bessent last month, if we reinstate whistleblowers who have been retaliated against, it will send a clear signal that pointing out wrongdoing is an honorable thing to do. It will help change the culture of our bureaucracy. I’m very grateful to Secretary Bessent for supporting Gary and Joe, and I have no doubt they will be a boon to the Treasury Department in their new roles,” Grassley said. “Gary Shapley and Joe Ziegler put their entire careers on the line to stand up for the truth, and instead of being thanked, the Biden administration treated them like skunks at a picnic. Far too many whistleblowers share a similar experience of retaliation. I hope today is the first of many redemption stories for whistleblowers who’ve been mistreated. By taking a stand for whistleblowers, President Trump and his cabinet are ushering in a new era of transparency and accountability.”

    “I am pleased to welcome Gary Shapley and Joseph Ziegler to the Treasury Department, where they will help us drive much-needed cultural reform within the IRS,” Bessent said. “These veteran civil servants join us to help further the agency’s focus on collections, modernization, and customer service, so we can deliver a more effective and efficient IRS experience for hardworking American taxpayers. I appreciate Senator Grassley’s efforts in Congress to support whistleblower protections in order to improve transparency, accountability and root out the culture of retaliation.”

    “We are enormously grateful to Secretary Bessent, Senator Grassley, and all of the members of Congress for their leadership and trust,” Shapley and Ziegler said. “We have been motivated by one singular mantra: do what’s right, and do it the right way. It has not been easy, but having a clear conscience is worth the effort. We appreciate the opportunity Secretary Bessent is giving us to put our experience and firsthand knowledge to good use for the American people to eliminate waste and reform the IRS.”

    Background:

    Grassley first began investigating the Biden family in 2019, issuing two reports on his findings. While questioning then-Attorney General Merrick Garland in the Senate Judiciary Committee in March 2023, Grassley exposed, for the first time ever, that Special Counsel David Weiss’ investigation into Hunter Biden was not fully insulated from political interference. That exchange opened the door for new whistleblower disclosures to Congress about political decision-making in the Weiss investigation.

    In June 2023, Grassley wrote to the DOJ Office of the Inspector General, the Treasury Inspector General for Tax Administration and the IRS requesting an investigation into allegations of retaliation against Shapley and Ziegler and IRS attempts to silence the whistleblowers through the use of an unlawful nondisclosure agreement (gag order). In July 2023, Grassley also requested the Office of Special Counsel (OSC) take appropriate disciplinary actions against all employees who engaged in unlawful retaliation and attempts to silence Shapley and Ziegler. In response, OSC confirmed it had opened an investigation into the whistleblower retaliation allegations. Further, the IRS updated its nondisclosure agreement to clarify whistleblowers’ right to make legally protected disclosures to Congress.

    Grassley once again wrote the IRS in April 2024 to push for corrective action against employees who continued to retaliate against Shapley and Ziegler for making legally protected disclosures to Congress. He also highlighted Shapley and Ziegler’s courageous work in a letter to President Trump requesting the President hold a Rose Garden Ceremony to honor and thank whistleblowers.

    Grassley is the current chairman of the Senate Judiciary Committee, and a senior member and former chairman of the Senate Finance Committee. He is also the creator of the modern-day IRS Whistleblower Program, which has since brought back over $6 billion to the U.S. Treasury.

    -30-

    MIL OSI USA News

  • MIL-OSI: BW Offshore: Short-term extension for BW Pioneer

    Source: GlobeNewswire (MIL-OSI)

    Short-term extension for BW Pioneer

    BW Offshore has signed a short-term extension agreement, maintaining current terms, for the FPSO BW Pioneer with a subsidiary of Murphy Oil Corporation until 25 March 2025. This extension facilitates the completion of administrative processes necessary for finalising the sale.

    For further information, please contact:
    Ståle Andreassen, CFO, +47 91 71 86 55

    IR@bwoffshore.com or www.bwoffshore.com

    About BW Offshore:
    BW Offshore engineers innovative floating production solutions. The Company has a fleet of 3 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 1,100 employees and is publicly listed on the Oslo stock exchange.

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    The MIL Network

  • MIL-OSI Russia: Dmitry Bryukhanov took part in the congress of the Russian Union of Industrialists and Entrepreneurs

    Translartion. Region: Russians Fedetion –

    Source: State University of Management – Official website of the State –

    On March 18, 2025, a plenary session of the annual congress of the Russian Union of Industrialists and Entrepreneurs was held, in which the Vice-Rector of the State University of Management Dmitry Bryukhanov took part.

    The congress was attended by about 1,300 people, including major entrepreneurs, representatives of small and medium-sized businesses from all over the country, heads of ministries and departments, and political figures.

    The congress discussed key areas of interaction between business and the state, as well as initiatives of the business community aimed at achieving national development goals and implementing national projects.

    The President of the Russian Federation Vladimir Putin took part in the plenary session, and in his speech he raised the issues of the return of Western companies to Russia, free trade, privatization, inflation, adaptation to sanctions, and others.

    “It is important that during this time, domestic entrepreneurs have learned to work under sanctions, adapted to them, thought through and launched alternative mechanisms for cooperation with foreign partners, with those who want to work with us. In addition, sanctions have become a kind of even additional catalyst for positive structural changes in our economy, including in the financial and technological spheres, and in many other key areas,” said Vladimir Vladimirovich.

    The President also noted that “sanctions are not temporary or targeted measures, they are a mechanism of systemic, strategic pressure on our country,” and warned that one should no longer count on complete freedom of payments and capital flows in the world.

    In addition, Vladimir Putin instructed the government to prepare rules for the return of Western companies to Russia with guarantees of conscientious fulfillment of obligations by Western businessmen.

    Subscribe to the TG channel “Our GUU” Date of publication: 03/18/2025

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

    MIL OSI Russia News

  • MIL-OSI Canada: Saskatchewan Crowns Support Local Steel Jobs

    Source: Government of Canada regional news

    Released on March 18, 2025

    The province’s Crown corporations are buying Saskatchewan steel to support local jobs, with thousands of pounds of steel and more than a hundred kilometres of pipe recently procured from EVRAZ Steel. 

    “The Government of Saskatchewan will always stand up for Saskatchewan’s interests, focusing on pragmatic and sensible solutions, while protecting our jobs, economy and residents,” Crown Investments Corporation Minister Jeremy Harrison said. “By prioritizing the purchasing of local steel for SaskPower and SaskEnergy infrastructure projects, we are helping to keep over 400 hardworking Saskatchewan people on the job right here in Regina.”

    SaskPower has negotiated a purchase of up to 10,000 tons of steel from EVRAZ, or the equivalent of three-years’ worth of steel for the Crown, which is used for the construction of transmission structures and other infrastructure that is critical to maintain Saskatchewan’s power grid.

    “EVRAZ Canada has been a proud part of Saskatchewan’s economy for nearly 70 years,” EVRAZ Canada Senior Vice President Don Hunter said. “The commitment we are seeing today from the provincial government is a strong signal that the Government of Saskatchewan recognizes the importance of domestic steel manufacturing—not only for EVRAZ’s workers who depend on it but for the broader economy that benefits from a strong and resilient supply chain.”

    Collaboration between SaskPower and EVRAZ, along with steel structure fabricators, Brandt and JNE Welding, will result in a made-in-Saskatchewan solution that will support the provincial economy while ensuring reliable power for residents and businesses. 

    “The United Steelworkers have been at the forefront of fighting for our jobs and for our industry,” USW Local 5890 President Mike Day said. “When hearing of commitments like this from the Saskatchewan government, it eases some of the uncertainty our members have been facing. 

    “Commitments and investments just like these – to buy Canadian – from all forms of government is what the USW has, and will, continue to advocate for in all Canadian infrastructure projects.”

    Currently, EVRAZ is working on an order from SaskEnergy which purchased 125 kilometres of steel pipe through Gateway Tubulars LTD. for the Aspen Power Station project, a new 370-megawatt natural gas power plant near Lanigan. SaskEnergy has procured $79 million from EVRAZ directly or through supplier agreements since 2019.

    In the first three quarters of 2024-25, the Crown sector awarded $1.2 billion to Saskatchewan suppliers, including $92 million to Indigenous companies. The sector is actively engaging industry groups to improve the capacity and competitiveness of local businesses.

    -30-

    For more information, contact:

    MIL OSI Canada News

  • MIL-OSI Canada: Saskatchewan’s Building Construction and Housing Starts Lead the Nation

    Source: Government of Canada regional news

    Released on March 18, 2025

    Province Ranks First in Building Construction and Second in Housing Starts in Year-Over-Year Growth

    The latest Statistics Canada numbers show an increase of 27.2 per cent in January 2025 compared to January 2024 for the building construction investment in the province. Housing starts for Saskatchewan increased by 115.7 per cent from February 2024 to February 2025. 

    “These two key indicators are reflective of the overall strength of our provincial economy and today’s numbers show continued positive growth,” Trade and Export Development Minister Warren Kaeding said. “These numbers translate into more jobs, investment and new projects throughout our communities, which brings added opportunity to everyone who calls Saskatchewan home.”

    In February 2025, housing starts on single family dwellings increased by 80.8 per cent and multiple units increased by 127.6 per cent, compared to February 2024. In the first two months of 2025, urban housing starts in Saskatchewan increased by 51.5 per cent, compared to the same period in 2024. Saskatchewan ranked second among the provinces in percentage change.

    Investment in building construction is calculated based on the total spending value on building construction within the province. Housing starts refers to the number of housing projects that started that month.

    Statistics Canada’s latest GDP numbers indicate that Saskatchewan’s 2023 real GDP reached an all-time high of $77.9 billion, increasing by $1.77 billion, or 2.3 per cent from 2022. This places Saskatchewan second in the nation for real GDP growth and above the national average of 1.6 per cent.

    Private capital investment in Saskatchewan increased last year by 17.3 per cent to $14.7 billion, ranking first among provinces. Private capital investment is projected to reach $16.2 billion in 2025, an increase of 10.1 per cent over 2024. This is the second highest anticipated percentage increase among the provinces.

    Last year, the Government of Saskatchewan unveiled its new Securing the Next Decade of Growth – Saskatchewan’s Investment Attraction Strategy. This strategy, combined with Saskatchewan’s trade and investment website, InvestSK.ca, contains helpful information for potential markets and solidifies the province as the best place to do business in Canada. 

    For more information visit: InvestSK.ca.

    -30-

    For more information, contact:

    MIL OSI Canada News

  • MIL-OSI: Fast Company Names Huntress Among 50 Most Innovative Companies for Democratizing Enterprise Security

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., March 18, 2025 (GLOBE NEWSWIRE) — Huntress has been named to Fast Company’s prestigious Most Innovative Companies list for 2025, earning recognition for democratizing cybersecurity previously reserved for Fortune 500 companies. As cybercrime costs approach a staggering $10.5 trillion annually, Huntress is challenging the status quo by making enterprise-grade protection accessible to businesses of all sizes.

    “While industry giants focus on the Fortune 500, we’re protecting the backbone of the economy,” said Kyle Hanslovan, CEO of Huntress. “We set out from the start to protect everyone, and our 24/7 security team, empowered by our technology, catches threats every day that can devastate a business.”

    Fast Company sifts through thousands of applications to find standout companies that are demonstrating leadership and making an impact on the world. Huntress earned its overall ranking for democratizing cybersecurity for all and the number one spot in the security category for the newest additions to its managed cybersecurity platform:

    • Huntress Managed Security Information and Event Management (SIEM): Traditional SIEMs are notorious for overwhelming alerts, operational complexity, and high costs. Huntress Managed SIEM simplifies data and event monitoring by using and retaining only what’s needed to prioritize actionable insights, streamline compliance needs, and remove blockers to successful use.
    • Huntress Managed Identity Threat Detection and Response (ITDR): Modern attackers increasingly target identities as entry points. ITDR addresses this growing threat vector by proactively monitoring and protecting against credential-based attacks and privilege escalations, locking out attackers before they cause damage.

    What separates Huntress is its “One Team Advantage”—every product is built, owned, and operated by one team, enabling the company to innovate and adapt as quickly as the threat actors do.

    “The cybersecurity industry has failed millions of businesses by making protection too complex and expensive,” added Hanslovan. “We’re proving that world-class security doesn’t have to be a luxury.”

    Huntress protects organizations across industries with its 24/7 Security Operations Center, achieving a false-positive rate under 1% – a metric that outperforms many enterprise solutions costing significantly more.

    Additional resources:

    • Join the hunt: visit Huntress’ career page.
    • Learn how Huntress protects endpoints, identities, and more with managed detection, investigation, and response.
    • Read the Huntress blog to learn from our leading experts.

    About Huntress
    Huntress is the enterprise-grade, people-powered cybersecurity solution for all businesses, not just the 1%. With fully owned technology developed by and for its industry-defining team of security analysts, engineers, and researchers, Huntress elevates underresourced tech teams whether they work within outsourced IT environments or in-house IT and security teams.

    The 24/7 industry-leading Huntress Security Operations Center (SOC) covers cyber threats for outsourced IT and in-house teams through remediation with a false-positive rate of less than 1%. With a mission to break down barriers to enterprise-level security and always give back more than it takes, Huntress is often the first to respond to major hacks and threats while protecting its partners and shares tradecraft analysis and threat advisories with the community as they happen.

    As long as hackers keep hacking, Huntress keeps hunting. Join the hunt at www.huntress.com and follow us on XInstagramFacebook, and LinkedIn.

    Huntress Contact:
    press@huntresslabs.com

    The MIL Network

  • MIL-OSI: Shaping the Future of Work: HP Amplify 2025

    Source: GlobeNewswire (MIL-OSI)

    News Highlights

    • Brings world’s largest portfolio of AI PCs to the mainstream1 with new HP EliteBooks, HP EliteDesks, and HP OmniBooks – delivering smarter workflows and incredible productivity.
    • Launches the world’s first printers that protect against quantum computer attacks2 with the HP LaserJet Enterprise 8000 Series Printers for enhanced hardware security.
    • Enhances AI-powered insights in Workforce Experience Platform (WXP) to improve IT and employee experiences.
    • Optimizes gameplay with OMEN AI on the new OMEN 16 Slim Gaming Laptop, and HyperX Cloud III S Wireless Gaming Headset delivers unmatched immersive audio experiences.

    NASHVILLE, Tenn., March 18, 2025 (GLOBE NEWSWIRE) — At its annual Amplify Conference, HP Inc. (NYSE: HPQ) today announced new products and services designed to shape the future of work, empowering people and businesses to create and manage their own way of working. The company unveiled more than 80 PCs, AI-powered print tools for SMBs, and Workforce Experience Platform enhancements all built to drive company growth and professional fulfillment.

    “HP is translating AI into meaningful experiences that drive growth and fulfillment,” said Enrique Lores, President and CEO at HP Inc. “We are shaping the future of work with game-changing AI innovations that seamlessly adapt to how people want to work.”

    Leading the Future of Work

    HP’s 2024 Work Relationship Index reports that only 28 percent of workers have a healthy relationship with work. Companies and people are seeking better work experiences and new advancements in technology – from seamless device connectivity to AI applications – that can help people work faster, think more creatively, and connect on a deeper level.

    With customers looking to refresh their devices to Windows 11,3 HP is supercharging its PCs to take advantage of the latest technologies available with select models qualifying as Copilot+ PCs, 4 so work doesn’t feel like work:

    • The HP EliteBook 8 Series is masterfully redesigned with mainstream enterprise workers in mind, delivering AI-powered productivity and seamless collaboration in a repairable and upgradeable package. With NPU options up to 50 TOPS, experience up to 224% better power efficiency and up to 43 times faster AI image generation for incredible performance gains versus previous non-NPU models.5
    • The HP EliteDesk 8 Series brings AI powerfully and securely to the company’s desktop portfolio. These devices are ideal for corporate project managers and workers who need a reliable PC that can manage even the most demanding projects for smarter workflows and productivity. This is the world’s first business desktop PC portfolio to protect against quantum computer hacks,6 combining high performance with lower power consumption to reduce costs.
    • The HP EliteStudio 8 AiO G1i is the perfect tool for an on-the-go employee constantly moving around the office. As the world’s first commercial PC with integrated KVM ability through HP Device Switch,7 an employee can use the all-in-one for work or quickly plug their laptop into the AIO with a single cable to power the notebook and access all the available peripherals.
    • The OmniBook X Series is designed for creators who need a PC that adapts to their workflow, whether it be a svelte 14-inch flip device to ideate and draw, or a powerhouse clamshell 17.3-inch PC to power through their larger-than-life creations. The OmniBook 7 Series is built for power users on their PC for all-day productivity for school or work. And the OmniBook 5 Series is ideal for families and students with a versatile design that’s built for streaming, light gaming, and personal productivity. Devices across the consumer notebook portfolio are offered in a variety of sizes with powerful Intel Ultra or AMD Ryzen™ processors.

    HP is also delivering powerful new AI software experiences to complement this next generation of AI PCs. Qualifying consumer and commercial devices from HP are equipped with exclusive software designed to transform how people work in the office, at home, and everywhere in between:

    • HP AI Companion is an advanced on-device AI research assistant that delivers instant answers and secured file analysis, even without an internet connection.8,9 New features planned for this Spring include intuitive voice and text commands and built-in keylogger protections to enhance productivity while keeping data secure on the device.
    • HP Go10 plans to deliver seamless global connectivity for highly mobile professionals. With automatic network switching regardless of carrier, advanced fleet management, and effortless setup, road warriors can connect and be productive wherever work takes them. The HP Go service option will first be available on the HP EliteBook 6 G1q powered by Snapdragon X Series, making it the world’s first AI PC with zero-touch multi-carrier 5G deployment.11
    • Poly Camera Pro newest features make virtual interactions and video conferencing more dynamic and engaging, with AI-powered features like Magic Background, seamless streaming integrations, and presenter overlays.12 Multi-camera support, customizable aesthetics, and auto-framing transforms any workspace into a professional studio experience.

    HP is changing the way customers print and manage documents, making it easier and more efficient with new features and technology:

    • Two new features to its collection of AI-powered tools that help SMBs simplify and enhance the print experience. The first feature streamlines the process of sharing scanned documents by using AI to summarize them and draft an email with the document attached, allowing for easy sharing via email or chat. The second feature offers automatic and guided redaction to safeguard sensitive information, ensuring that private data remains secure on HP devices without requiring a cloud connection. These innovations aim to reduce the complexity and enhance the security of document handling for small businesses. 
    • The HP LaserJet Enterprise 8000 Series Printers are the world’s first printers that protect against quantum computer attacks2. They provide enhanced hardware-level security for highly regulated organizations that rely on secure printing, ensuring protection against future quantum computer attacks while seamlessly integrating with Zero Trust architectures.
    • The HP Latex R530 Printer is the only compact all-in-one HP Latex printer13, capable of handling both rigid and flexible media. Its digital operation simplifies workflows and maximizes space, boosting efficiency. It helps small and medium-sized print shops (PSPs) meet customer demands with high-quality prints and impressive output.

    HP provides IT with valuable insights that empower employees to thrive with HP Workforce Experience Platform (WXP)14 enhancements and expanded availability. New features include:

    • AI Sentiment Analysis now includes AI capabilities to assess and improve employee experience by analyzing thousands of free text surveys.
    • Fleet Explorer is a new AI-powered natural language processing (NLP) tool lets users query fleet data instantly for insights.
    • Vyopta Integration15 enables HP and Vyopta customers to now check on the overall health of their organization’s collaboration environment in WXP.
    • Pre-built scripts, alerts and dashboards help organizations monitor fleets, automate workflows.

    Shaping the Future in Play

    Technology can also offer people a smooth transition from work into play. According to Mohamed Ala Saayed, Senior Program Director & Fellow, Frost & Sullivan, “About 60% of gaming PCs owners likely use their systems for work-related activities in addition to gaming.”16

    New gaming hardware across OMEN and HyperX delivers meaningful performance and personalization for the ultimate in gameplay:

    • The OMEN 16 Slim Gaming Laptop redefines portable gaming with its ultra-thin design to game anywhere. The PC delivers next-level performance with up to Intel® Core™ Ultra 9 285H processors,17 and comes with up to an NVIDIA® GeForce RTX™ 5070 Laptop GPU for next-level graphics fidelity.
    • The OMEN Transcend 14 Gaming Laptop is refreshed to deliver the same powerful CPU and GPU performance as the OMEN 16 Slim for gamers and creators on the go, bringing 25% more power.18
    • OMEN AI is a personalized, one-click solution that recommends the best system, hardware, and gaming settings based on each unique device and game to eliminate endless tinkering. Accessible within OMEN Gaming Hub, OMEN AI is available on all HP gaming and consumer PCs.
    • The HyperX Cloud III S Wireless Gaming Headset delivers unmatched comfort and immersive audio for up to 120 hours of battery life in 2.4GHz and up to 200 hours in Bluetooth mode on a single charge.19 HyperX-tuned acoustics ensure crystal-clear audio and the durable yet flexible design, boom and boomless mic options, and customizable earcup plates let gamers play longer, sound better, and do it in style.20

    HP Amplify Newsroom
    For all the latest HP Amplify Partner Conference news and updates, visit the HP Newsroom including the just released Threat Research Report press release and news from the Advanced Compute Solutions business. More news posting at 2 p.m. ET and 4 p.m. ET.

    • Follow @HP on LinkedIn, X, and Instagram
    • Follow @Enrique Lores on LinkedIn
    • Follow #HPAmplify across social platforms for the latest updates

    About HP
    HP Inc. is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit http://www.hp.com.

    1 Based on HP’s internal analysis of AI-enabled platforms across all commercial PC and consumer PC vendors as of March 2025. “AI PC” is defined as a PC with an integrated Neural Processing Unit (NPU) designed to accelerate AI workloads, regardless of TOPS count.
    Comparison includes commercially and consumer available AI PCs available in the market.
    2 Based on HPs internal analysis of business Printers with preinstalled encryption, authentication, malware protection, post-quantum digital signature, and initial BIOS firmware integrity protection with automatic self-healing recovery finding that no other in-class Printers implement a quantum-resistant cryptographic scheme to protect the integrity of the BIOS and firmware as of March 2025.
    3 Not all features are available in all editions or versions of Windows. Systems may require upgraded and/or separately purchased hardware, drivers, software or BIOS update to take full advantage of Windows functionality. Windows is automatically updated and enabled. High speed internet and Microsoft account required. ISP fees may apply and additional requirements may apply over time for updates. See http://www.windows.com.
    4 On some devices, some Copilot+ PC experiences require free updates continuing to roll out through early 2025. Timing varies by device and region. See aka.ms/copilotpluspcs. Copilot is not available in China, Russia, Belarus, and embargoed regions Cuba, Iran, North Korea, and Crimea.
    5 Based on image generation with NPU vs. non-NPU processor using Amuse software generating a 1024 x 1024 pixel image from the same text prompt repeatedly until battery depletion to determine power efficiency. Configurations tested: HP EliteBook 8 G1a AI with AMD Ryzen AI PRO 350 and 32GB RAM vs. HP EliteBook 845 G10 with AMD Ryzen 7 PRO 7840U and 32GB RAM. Results may vary
    6 Based on HPs internal analysis of business PCs with preinstalled encryption, authentication, malware protection, BIOS-level protection and passing MIL-STD testing, finding that no other in-class PC implements a quantum-resistant cryptographic scheme to protect the integrity of UEFI BIOS firmware as of February 2024. Requires Windows 10 or higher. For supported HP PCs with the latest HP Endpoint Security Controller. See https://h20195.www2.hp.com/v2/GetDocument.aspx?docname=4AA8-3644ENW.
    7 Optional feature must be configured at the time of purchase.
    8 HP AI Companion is available preloaded on select HP next gen AI PCs or is available for download from the Microsoft store and requires a HP next gen AI PC with a NPU supporting 40-60 TOPS with 16 GB or more of storage and requires Windows 11. Perform requires account set up within 30 days of PC boot or enrollment through the HP AI Companion app. Some features require customer upload of local data. Ten (10) library 100 MB limit each, supported files may vary and at launch include pdf, .txt., .docx files. For ‘On device’ AI use, your HP Next Gen AI PC requires 32GB RAM and will require up to 4.5 GB storage on your PC. “On device” mode uses a downloaded LLM Phi 3.5 to process queries locally and does not require an internet connection. “Cloud” mode uses GPT-4o to process queries online and requires an internet connection. Spotlight and voice capability expected availability in Spring 2025 Availability varies by region.
    9 HP AI Companion requires an HP Next Gen AI PC with a NPU supporting 40-60 TOPS and requires Windows 11. For ‘On device’ AI use, your HP Next Gen AI PC requires 32 GB RAM and will require up to 4.5 GB storage on your PC.
    10 HP Go integrates pre-embedded carrier profiles, pre-activation processes, and pre-configured APNs at the factory, enabling seamless out-of-the-box connectivity. Requires 5G module and Windows support for carrier profile management and network selection. North America subscription service ONLY. Available in Spring 2025.
    11 Zero-touch multi-carrier 5G deployment is the ability to automatically onboard and activate 5G connectivity across multiple carriers without requiring manual carrier selection, IT-managed profile provisioning, or traditional enterprise (STD) onboarding methods. Unlike standard WWAN and eSIM-based setups, HP Go integrates pre-embedded carrier profiles, pre-activation processes, and pre-configured APNs, enabling automatic connection to the fastest available network. North America subscription service ONLY. Available in Spring 2025.
    12 Requires myHP application and Windows OS.
    13 Based on internal HP testing.
    14 HP Workforce Experience Platform (WXP) is available in various tiers with optional add-on solutions in various term licenses. WXP is for commercial customers and some features and capabilities may require additional purchase of HP Services and/or commercial hardware supporting the HP Insights agent for Windows, Mac, & Android available for download at https://workforceexperience.hp.com/software.admin.hp.com/software. For full system requirements and services that require the agent, please visit https://workforceexperience.hp.com/requirements. Activation and restrictions may apply. The agent collects telemetry and analytics around devices and applications that integrate into the Workforce Experience platform and is not sold as a standalone service. The agent is ISO27001, ISO27701, ISO27017 and SOC2 Type2 certified for Information Security.
    15 HP Vyopta license required for collaboration technology monitoring
    16 March 2025. Mohamed Alaa Saayed, Senior Program Director & Fellow, Frost & Sullivan. 60% of gaming PCs are split between 55% desktop and 65% laptop users.
    17 Multi-core is designed to improve performance of certain software products. Not all customers or software applications will necessarily benefit from use of this technology. Performance and clock frequency will vary depending on application workload and your hardware and software configurations. Intel’s numbering, branding and/or naming is not a measurement of higher performance. Intel, Core, and the Intel logo are trademarks and/or registered trademarks of Intel Corporation in the U.S. and other countries.
    18All performance specifications represent the typical specifications provided by HP’s component manufacturers; actual performance may vary either higher or lower. Total processors power = Total GPU power plus total thermal power.
    19 Tested at 50% headphone volume, continuous playback. Using 2.4GHz mode, the headset has a battery life of up to 120 hours. Using Bluetooth mode, the headset has a battery life of up to 200 hours. Actual battery life will vary with use and maximum battery capacity will naturally decrease with time and usage.
    20 Earcup plates sold separately. Available in select countries/regions.

    The MIL Network

  • MIL-OSI: Resolutions of the Annual General Meeting of WithSecure Corporation and the decisions of the organizing meeting of the Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    WithSecure Corporation, Stock Exchange Release, 18 March 2025, 18:00 EET

    Resolutions of the Annual General Meeting of WithSecure Corporation and the decisions of the organizing meeting of the Board of Directors                            

    The Annual General Meeting of WithSecure Corporation was held on 18 March 2025. The General Meeting adopted the financial statements for the financial year 2024 and approved as advisory resolution the remuneration report and the updated remuneration policy for governing bodies. The members of the Board as well as the President and CEO were discharged from liability.

    The use of the loss shown on the balance sheet and the distribution of dividend 

    The General Meeting approved the proposal of the Board of Directors that no dividend will be paid for the financial year 2024 due to the loss-making net result of the year. The Company will focus on funding its growth and developing the business.

    Board of Directors and Auditors 

    The General Meeting decided that the annual remuneration of the Board of Directors will remain unchanged: EUR 80,000 for the Chair of the Board of Directors, EUR 48,000 for the Committee Chairs, EUR 38,000 for the members of the Board of Directors, and EUR 12,667 for a member of the Board of Directors employed by the Company. Approximately 40% of the remuneration will be paid as the Company’s shares acquired on the Board members’ behalf.

    The General Meeting decided that the number of Board members be seven (7). The following current Board members were re-elected: Risto Siilasmaa, Tuomas Syrjänen, Ciaran Martin, Amanda Bedborough and Niilo Fredrikson. Mervi Kerkelä-Hiltunen as well as Artturi Lehtiö, who belongs to the personnel of WithSecure Corporation, were elected as new members of the Board of Directors.

    The Board elected Risto Siilasmaa as the Chair of the Board. Tuomas Syrjänen was nominated as the Chair of the Personnel Committee and Risto Siilasmaa and Niilo Fredrikson as members of the Personnel Committee. Mervi Kerkelä-Hiltunen was nominated as the Chair of the Audit Committee and Ciaran Martin, Amanda Bedborough and Artturi Lehtiö were nominated as members of the Audit Committee.

    It was decided that the remuneration to the auditor is paid in accordance with the approved invoice. Audit firm PricewaterhouseCoopers Oy was re-elected as auditor of the Company. Mr. Jukka Karinen, APA, acts as the responsible auditor. 

    It was decided that the remuneration to the sustainability auditor is paid in accordance with the approved invoice. Sustainability audit firm PricewaterhouseCoopers Oy was elected as sustainability auditor of the Company. Mr. Jukka Karinen, ASA, acts as the responsible sustainability auditor. 

    Authorizing the Board of Directors to resolve on the repurchase of the Company’s own shares 

    The General Meeting authorized the Board of Directors to resolve upon the repurchase of a maximum of 17,609,870 of the Company’s own shares in total. The maximum amount equals to approximately 10% of all the shares in the Company, in one or several tranches with the Company’s unrestricted equity.

    The authorisation entitles the Board of Directors to resolve on the repurchase also in deviation from the proportional holdings of the shareholders (directed repurchase). The authorisation comprises the repurchase of shares either in the public trading or otherwise in the market at the trading price determined for the shares in public trading on the date of purchase, or with a purchase offer to the shareholders, in which case the repurchase price must be the same for all shareholders. The Company’s own shares shall be repurchased to be used for carrying out acquisitions or implementing other arrangements related to the Company’s business or for optimising the Company’s capital structure, to be used as part of the implementation of the Company’s incentive scheme or otherwise to be transferred further or cancelled. The authorisation includes the right of the Board of Directors to resolve on all other terms related to the repurchase of the Company’s own shares.

    The authorization is valid until the conclusion of the next Annual General Meeting, in any case no later than until 30 June 2026.

    Authorizing the Board of Directors to resolve on the issuance of shares as well as the issuance of options and other special rights entitling to shares

    The General Meeting authorized the Board of Directors to resolve on the issuance of a maximum of 17,609,870 shares in total through a share issue as well as by issuing options and other special rights entitling to shares pursuant to chapter 10, section 1 of the Companies Act in one or several tranches. The maximum number of shares corresponds to 10% of all shares in the Company. The authorization concerns both the issuance of new shares and the transfer of treasury shares held by the Company.

    The authorisation entitles the Board of Directors to resolve on all terms related to the share issue as well as the issuance of options and other special rights entitling to shares. The issuance of shares may be carried out in deviation from the shareholders’ pre-emptive subscription right (directed issue). The authorisation may be used for potential acquisitions or other arrangements, for share-based incentive schemes or otherwise for purposes resolved by the Board of Directors. Of the authorisation, a maximum of 2,000,000 shares may be used as part of the above-mentioned share-based incentive schemes, which corresponds to approximately 1% of all shares in the Company.

    The authorization is valid until the conclusion of the next Annual General Meeting, in any case until no later than 30 June 2026.

    Helsinki, 18 March 2025

    WITHSECURE CORPORATION 
    Board of Directors

    Contact information:

    Tiina Sarhimaa
    Chief Legal Officer
    WithSecure Corporation

    Laura Viita
    VP, Controlling, Investor relations and Sustainability
    WithSecure Corporation
    +358 50 487 1044
    investor-relations@withsecure.com

    The MIL Network

  • MIL-OSI: UPAY Inc. – AML GO invited to Crypto Assets Regulation & Compliance Conference

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, March 18, 2025 (GLOBE NEWSWIRE) — UPAY Inc. (“UPAY” or the “Company”) (OTCQB: UPYY) is delighted to announce UPAY Inc.’s (“UPAY” or the “Company”) (OTCQB: UPYY) South African subsidiary, AML GO (Pty) Ltd (“AML GO”), was invited as special guests to the prestigious Crypto Assets Regulation & Compliance Conference. The event took place on March 12 and 13, 2025, at the Indaba Hotel in Fourways, Johannesburg.​

    Organized by Trade Conferences International, the conference focused on regulatory governance, compliance, and risk within the crypto assets ecosystem. The conference brought together crypto asset and blockchain providers, financial intermediaries, transaction processors, trading platforms, payment and wallet providers, government representatives, and banks to engage in a collaborative learning process.

    As special guests, the AML GO team engaged in wide range of topics, including how digital assets are transforming financial markets, regulation and reporting frameworks, risks faced by banks, anti-money laundering (AML) measures, cross-border financial flows, compliance issues, and technology. AML Go’s participation highlighted its commitment to staying at the forefront of compliance advancements and assisting financial institutions to navigate the complexities of digital asset regulation.​

    UPAY Inc. recognizes the significant role AML GO plays in fostering compliance excellence and remains committed to supporting industry-wide initiatives that drive financial security and regulatory best practices. The Company looks forward to continuing its engagement with the crypto assets community and strengthening its contributions to the financial services sector.​

    About AML GO

    AML GO (Pty) Ltd is a leading provider of advanced AML screening and compliance solutions, dedicated to helping financial institutions and businesses mitigate risk and adhere to stringent regulatory requirements. Specializing in anti-money laundering (AML) compliance, credit vetting, and risk management tools, AML GO delivers cutting-edge solutions that enhance operational integrity and ensure compliance with evolving financial regulations. As a subsidiary of UPAY Inc., AML GO continues to innovate and drive excellence in the financial services sector.​ For more information, visit www.amlgo.co.za

    About UPAY

    UPAY is a US publicly traded holding company at the forefront of the fintech industry. By investing in innovative technologies, UPAY delivers comprehensive Financial Software Platforms that offer full system automation, intelligent data solutions, and an enhanced user experience. The Company is dedicated to bridging the gap between clients and consumers in an evolving financial ecosystem, ensuring high engagement and lasting impact. For more information, visit www.upaytechnology.com and connect with us on LinkedIn and Facebook.​

    Forward-Looking Statements

    This press release contains “forward-looking statements” as defined under applicable securities laws. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated. The Company does not undertake any obligation to update or revise forward-looking statements because of new information, future events, or other circumstances. No information in this publication should be interpreted as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.

    Contact Information

    UPAY INC.​

    Media Relations​: info@upaytechnology.com

    The MIL Network

  • MIL-OSI USA: IAM Union Discusses Impacts on Aerospace Workers Amidst Tariff Uncertainty

    Source: US GOIAM Union

    The IAM Union is closely monitoring the impacts of ever-changing tariff policy on all IAM members, including aerospace workers who rely on heavily integrated supply chains, especially between the United States and Canada.

    IAM International Affairs Director Peter Greenberg was recently featured on an expert panel webinar hosted by the National Business Aviation Association (NBAA).

    Greenberg noted that the IAM represents more than 100,000 aerospace workers in both the U.S. and Canada. Aircraft and their components are often manufactured and shipped across the border several times for assembly by highly-skilled IAM members. A tariff war between the two nations puts that relationship at risk.

    WATCH: The Tariff Landscape — What We Know Now

    “The supply chains in North America have become so integrated in aerospace that it would be very difficult for manufacturers to move to solely U.S.-based suppliers, or solely Canadian suppliers,” he said. “There is a deep well of aerospace skills, particularly in the U.S. and Canada, that allow companies to take advantage of economies of scale. The complexity of this supply chain is really hard to overstate.”

    Safety could also come under the spotlight, Greenberg added.

    “The supply chain and the established certification procedures that result in a safe aviation operating environment can’t just be replicated,” he said. “Replacing existing pieces of the supply chain from scratch would be time-consuming and expensive and probably also have a negative safety impact.”

    The IAM Union has consistently called for the strategic use of tariffs against bad actors, like China, that ignore trade rules and labor standards.

    “Canada is not an adversary—it is one of our closest allies and largest trading partners,” IAM International President Brian Bryant and Canadian General Vice President David Chartrand recently said. “IAM members demand a trade strategy that puts workers first, fosters long-term economic growth, and strengthens our manufacturing base on both sides of the border.”

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    MIL OSI USA News

  • MIL-OSI Global: Can a virtual reality residential school, developed with Survivors, improve empathy toward Indigenous people?

    Source: The Conversation – Canada – By Iloradanon H. Efimoff, Assistant Professor, Department of Psychology, Toronto Metropolitan University

    Virtual reality is a rapidly developing technology. As the technology expands, becoming more portable and affordable, the potential uses have expanded as well.

    One virtual reality creator calls virtual reality the “ultimate empathy machine.” Promising research shows that virtual reality can improve empathy toward groups such as people experiencing schizophrenia,
    children who are refugees and people who are unhoused.

    Working with an interdisciplinary research team, we put this statement to the test within the context of residential schools in Canada.

    Effective teaching about residential schools

    Residential schools were state-funded, church-run institutions that amounted to genocide. Teachers and other adults at these schools abused the children physically, emotionally and sexually.

    Knowledge of residential schools in Canada is relatively high. Recent national polls show that in 2022, 65 per cent of non-Indigenous respondents had read or heard about residential schools. This number increased to 90 per cent in 2023. This type of awareness, however, does not necessarily reflect a deep knowledge of residential schools.

    Given the apparent rise in residential school denialism and decreasing support for reconciliation initiatives, it is vital to find effective ways to teach about residential schools.

    Work with Survivors on virtual project

    Members of our interdisciplinary research team created a virtual rendering of Fort Alexander Residential School,
    working closely with a group of Survivors from that school. The school operated from 1905-1970 in Manitoba, near Winnipeg, and was run by the Roman Catholic Missionary Oblates of Mary Immaculate.

    The virtual rendering took years to develop, with critical relationships forming along the way. Members of this same team, and some new members, then tested the effects of the school.

    Overall, researchers with a range of approaches participated, including those who work in the areas of psychology, sociology, and computer science, or who are concerned with representation of war and genocide.

    One concern of those involved in the project was how participants would engage in the virtual school. In particular, we didn’t want the virtual school to be “gamified” (used like a video game). To this end, the virtual reality school is “on-the-tracks,” meaning viewers move through the school on a set path.

    This set path included visiting a classroom, a dormitory and a cellar, among other spaces that the Survivors described. The school was designed such that the viewers would feel physically small in the space — as if they were the size of a child. While moving through the various rooms in the school, viewers listened to recordings of Survivors’ stories of their experiences at the school.

    Would VR experience improve empathy?

    To test if a virtual reality residential school could improve empathy toward Indigenous people, we ran an experiment, as researchers do when they want to compare the impact of different experiences.

    All experiments include a group of people who receive some sort of intervention, such as our virtual reality school. In the simplest approach, researchers can compare the effects of the intervention group to an “empty control group,” which includes people who receive no intervention and often just respond to questions assessing key outcomes. Through comparisons like this, researchers can understand the effect of the intervention compared to doing nothing.

    We used a slightly more rigorous design by adding a third group who simply read the transcripts of the narration that accompanied the virtual school. This allowed us to test if the virtual reality school outperformed the transcripts, which were a different method of learning about residential schools.

    Powerful Survivor stories

    We tested how the virtual school, transcript and control groups affected four outcomes: empathy, warmth and political solidarity toward Indigenous people as well as perceptions that past events still cause suffering today — what we and often legal scholars call “privity.” We looked at the effects right after the experiment and then again weeks later.

    As we thought, compared to the control group, people who received either the transcript or virtual reality intervention responded more favourably toward Indigenous people; they reported more empathy, warmth, political solidarity and privity.

    But a surprising thing happened too: People in the transcript and virtual reality groups responded in the same way. Though we cannot be sure why, we suspect these two groups did not differ because the Survivors’ stories are powerful.

    Finally, over time, the differences among groups disappeared. The changes caused by reading a transcript or experiencing the virtual world went away.

    Need for ongoing education

    Our findings imply that a meaningful story does not require sophisticated technology like virtual reality to have impact. In cases where the story is captivating, the technology might not be necessary to engage people.

    Though trendy, virtual reality equipment is also more expensive and not as portable as written work. Of course, virtual reality might be just the right fit for audiences that would rather not or can’t read. It might also be a novel hook to get someone to engage with a topic they may otherwise avoid.

    Perhaps more clearly, our disappointing finding that the interventions did not last over time highlights the need for ongoing education about residential schools. A single learning opportunity is unlikely to cause long-lasting change in feelings and attitudes toward Indigenous people. There is more work to do.

    Katherine B. Starzyk holds funding from the Social Science and Humanities Council of Canada as well as Canadian Heritage / Patrimoine canadien. She is a Professor in the Department of Psychology at the University of Manitoba.

    Iloradanon H. Efimoff 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. Can a virtual reality residential school, developed with Survivors, improve empathy toward Indigenous people? – https://theconversation.com/can-a-virtual-reality-residential-school-developed-with-survivors-improve-empathy-toward-indigenous-people-249996

    MIL OSI – Global Reports

  • MIL-OSI Global: Combatting the measles threat means examining the reasons for declining vaccination rates

    Source: The Conversation – Canada – By Catherine Carstairs, Professor, Department of History, University of Guelph

    To address anti-vaccine sentiment, we need to listen to parents’ concerns and make it easy for them to get their children vaccinated. (Shutterstock)

    Measles was supposedly eradicated in Canada more than a quarter century ago. But today, measles is surging.

    Public Health Ontario recently announced that there have been 195 cases in the province in the past two weeks and 372 cases since autumn 2024. Many cases have required hospitalization. Last year, a child died.

    The cause of this resurgence is declining vaccination rates.

    Measles is extremely infectious. One person with the measles is likely to infect nine out of 10 of their unvaccinated close contacts. To prevent its spread, we need 95 per cent of the population to be vaccinated.

    Anti-vaccine sentiments

    Our research examines why parents have hesitated or refused to vaccinate their children. Anti-vaccine sentiment is often linked to a now thoroughly discredited 1998 study that suggested a link between the MMR (measles, mumps and rubella) vaccine and autism.

    But our research on the anti-vaccine movement in Canada from the 1970s to the early 2000s suggests that parents’ concerns about vaccines started much earlier than that study, and that parents worry about far more than autism.

    To address anti-vaccine sentiment, we need to listen to parents’ concerns and make it easy for them to get their children vaccinated. We also need to persuade them of the benefits of vaccination, not just for their own children, but for their family members, friends and fellow citizens.

    The anti-vaccine literature is not anti-science. It is filled with statistics and references to scientific studies, although the facts are often wrong. Parents who read this literature need more than the simple reassurance of experts that vaccines are safe and effective. They need to be shown evidence and have confidence that their concerns are being taken seriously.

    One argument that appeared frequently in the anti-vaccine literature is that rates of infectious disease had fallen before the introduction of vaccines.

    While mortality from infectious diseases declined well before vaccination, vaccines played a vital role in further diminishing the toll of infectious disease. Diphtheria is largely unknown today, but before the introduction of widespread vaccination in the years between the First and Second World Wars, it killed hundreds of Canadian children every year.

    Another common argument was that vaccines are ineffective. This argument was often used with respect to the measles vaccine. Because some people are inadequately vaccinated (receiving only one shot for example, instead of two), and because the vaccine is not perfect, there will be some cases of measles even in vaccinated people. Fortunately, these people tend to have milder cases.

    Anti-vaccine texts frequently contain long lists of scary-sounding ingredients in vaccines, similar to what we see for highly processed foods. Thimerosal (ethyl mercury used as a preservative) attracted the most attention. Thimerosal is no longer used in childhood vaccines in Canada.

    The anti-vaccine literature is deeply skeptical about the profit-making motivations of pharmaceutical companies and often mentions past disasters such as the thalidomide scandal that saw thousands of children born with shortened limbs.

    While this is not the only example of inadequate safety testing of new drugs, it is clear that the MMR (measles, mumps and rubella) vaccine, used since the early 1970s, has a long safety record and has played a vital role in reducing deaths and illness from the measles in Canada and abroad.

    Anti-vaccine literature also stressed that there were natural ways of building immunity that could take the place of vaccination. We see this today with claims by United States Health Secretary Robert F. Kennedy Jr.

    Kennedy claims that poor eating habits are behind the spread of measles in the U.S. This is extremely dangerous. Even the healthiest, best-fed child can get extremely sick with the measles. Not all parents can afford nutritious food. And some children can’t be vaccinated because of medical conditions, leaving them extremely vulnerable.

    Tragedies of the past

    Anti-vaccine parents see vaccines as one of the dangers of our modern, polluted world, and worry that vaccines might have risks that have not yet been recognized. While there are risks with any medical technology, the benefits of vaccines far outweigh the possible dangers.

    A century ago, parents mourned the gruesome deaths of children with diphtheria, which caused a membrane to form across the child’s throat, slowly strangling them to death.

    Mortality from the measles declined in the first half of the 20th century, but in 1945, there was still one measles death for every 100,000 people in Ontario.

    Parents today have little memory of these tragedies, but sadly, they could return. Indeed, a powerful article recently published in the Atlantic Monthly profiled a father who had just lost his six-year-old child to the measles.

    Along with scholars like sociologist Jennifer Reich, who has studied contemporary anti-vaccine parents, we see anti-vaccination sentiment as part of a larger societal trend towards individualism. Parents think about what’s best for their own child, rather than thinking about what’s best for their community.

    At a time when Canadians are bonding together to fight the tariff threat from the U.S., it would be wonderful if we could also come together to fight the scourge of infectious diseases, including measles. The best way to do this is vaccination.

    Catherine Carstairs received funding from AMS Healthcare for this project.

    Kathryn Hughes receives funding from AMS Healthcare for this project.

    ref. Combatting the measles threat means examining the reasons for declining vaccination rates – https://theconversation.com/combatting-the-measles-threat-means-examining-the-reasons-for-declining-vaccination-rates-252168

    MIL OSI – Global Reports

  • MIL-OSI USA: Lummis Celebrates Cyrus Western EPA Mountains and Plains Regional Administrator Appointment

    US Senate News:

    Source: United States Senator for Wyoming Cynthia Lummis
    Washington, D.C. — U.S. Senator Cynthia Lummis (R-WY) released the following statement after President Trump appointed Cyrus M. Western to serve as the U.S. Environmental Protection Agency (EPA) Region 8 administrator. As regional administrator, Western will implement President Trump’s environmental priorities in Wyoming, Colorado, Utah, Montana, North Dakota, South Dakota, and with 28 federally-recognized Tribes.
    “I am delighted to see Cyrus Western appointed as the new Region 8 Regional Administrator for the EPA,” said Lummis. “Having someone like Cyrus who truly understands Wyoming and will restore the EPA’s commitment to cooperative federalism is a significant win for western states. I look forward to collaborating with Cyrus and Administrator Zeldin to advance President Trump’s American energy resurgence.”
    Western previously served as the House Majority Whip in the Wyoming Sate House of Representatives, representing District 51. During his tenure, he served on the Minerals, Business, and Economic Development Committee, chaired the Oil and Gas Bonding Working Group, and was vice chair of the Tourism, Recreation, and Wildlife Committee.

    MIL OSI USA News

  • MIL-OSI: Basis Climate facilitates transfer of multiple solar and wind Production Tax Credits (PTCs) for ACCIONA Energía

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) — Basis Climate, a leading facilitator of clean energy tax credit transfers, announces the successful transfer of Production Tax Credits (PTCs) across three transactions on behalf of ACCIONA Energía, a subsidiary of ACCIONA, a global leader in the development and management of infrastructure, water, services, and renewable energies.

    The transferred credits were generated by ACCIONA Energía’s Fort Bend, Red-Tailed Hawk, Green Pastures I, and Green Pastures II facilities located in Texas. Fort Bend is a 240MWac solar project, while the larger Red-Tailed Hawk is a 350MWac solar farm. Green Pastures I and Green Pastures II, two wind farms with combined capacity of 300MWac, were acquired by ACCIONA in November 2024. These four projects, alongside three wind farms in Cameron County, and the Cunningham Battery Storage System located in Hunt County, Texas represent the company’s commitment to continued renewable energy investments in the state.

    For the Fort Bend and Red-Tailed Hawk projects, ACCIONA Energía engaged Basis to find buyers for the PTCs associated with its Class B interest in each project, outside of an existing tax equity partnership. Additionally, ACCIONA Energía was able to efficiently monetize the Production Tax Credits from Green Pastures I & II wind projects following their acquisition.

    Basis Climate’s CEO Erik Underwood noted “the era of tax credit transferability means many new forms of selling credits are now possible. We look forward to supporting more developers as they evaluate this type of tax credit sale in the future.”

    About Basis Climate
    Basis Climate is a leading facilitator of clean energy tax credit transfers, providing a seamless and efficient platform for businesses and individuals to monetize their tax credits generated from renewable energy projects. The company’s mission is to unlock the full potential of clean energy tax credits by connecting credit generators with motivated buyers, ultimately accelerating the transition to a clean and sustainable future.

    Press/Media Contact

    Erik Underwood
    erik@buildwithbasis.com

    The MIL Network