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Category: Business

  • MIL-OSI USA: Monday Morning Wins: Historic Investment, Border Security

    US Senate News:

    Source: The White House
    There’s nothing better than starting the week with a pair of major victories for the American people — all made possible by the leadership of President Donald J. Trump.
    Apple’s $500 billion investment: Apple CEO Tim Cook announced today that the company will invest $500 billion in the United States over the next four years amid President Trump’s tariffs push. The historic venture, which comes following Cook’s meeting with President Trump last week, will result in 20,000 new U.S.-based jobs and was immediately hailed as a “landmark” step in bringing back U.S. manufacturing.
    It’s another watershed moment in President Trump’s commitment to usher in the new Golden Age of America. In just over a month, President Trump has announced a $500 billion private sector investment for the largest artificial intelligence infrastructure project in history, a commitment by Saudi Arabia to invest $600 billion in the U.S. over the next four years, a $20 billion investment by DAMAC Properties to build new U.S.-based data centers, a pledge by Taiwan to boost U.S.-based investment, and a major investment by Nippon Steel. Mercedes-Benz also announced plans to “grow” its vehicle production in the U.S.
    Illegal immigrants turn around: New reporting says would-be illegal border crossers have “given up” and are returning to their own countries — citing the Trump Administration’s unprecedented crackdown on illegal immigration, including the shutdown of the “CBP One” app, as the driving factor.
    It’s a victory for national security after four years of open borders. In President Trump’s first month back in office, illegal border crossings hit lows not seen in decades — down 94% over last year, while interior arrests are up 134%.
    Promises made, promises kept.

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Ministerial appointments: February 2025

    Source: United Kingdom – Executive Government & Departments

    Press release

    Ministerial appointments: February 2025

    The King has been pleased to approve the following appointments.

    The King has been pleased to approve the following appointments:

    • Ashley Dalton MP as a Parliamentary Under-Secretary of State in the Department of Health and Social Care. 

    • The Rt Hon. Douglas Alexander MP jointly as a Minister of State in the Cabinet Office, in addition to his role as Minister of State in the Department for Business and Trade.

    • Lord Moraes OBE as a Lord in Waiting (Government Whip).

    • Lord Wilson of Sedgefield as a Lord in Waiting (Government Whip).

     Andrew Gwynne MP has left the government.

    Lord Cryer has left the government.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Financial News: Annual Inflation Increased in Most Regions in January

    Translartion. Region: Russians Fedetion –

    Source: Central Bank of Russia –

    Annual inflation increased in 75 regions, while in the rest it remained the same as in December or decreased.

    The most noticeable increase in prices was for services, while prices for food and non-food products remained virtually unchanged.

    Inflation remains high and it will take a long time to keep rates high to bring it back to 4% in 2026.

    For more information on inflation in each region, seeinformation and analytical materials, published on the website of the Bank of Russia.

    Preview photo: SERGEI ILNITSKY | EPA | TASS

    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.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV.KBR.ru/Press/Event/? ID = 23400

    MIL OSI Russia News –

  • MIL-OSI Global: Why justice for Ukraine must be at the forefront of peace negotiations

    Source: The Conversation – Canada – By Oleksa Drachewych, Assistant Professor in History, Western University

    On Feb. 18, representatives from Russia and the United States met in Saudi Arabia to determine if peace in Ukraine is possible. Ukrainian representatives were not invited.

    U.S. Secretary of State Marco Rubio said on social media that the meeting was a step in developing an “enduring peace” between Russia and Ukraine. Russian President Vladimir Putin claimed in a media interview that the meeting was “very positive” and confirmed the true meaning of the talks was to start normalising relations between Russia and the U.S.

    Although U.S. President Donald Trump has claimed “the Russians want to see the war end,” Russian officials remain committed to their war aims. Russian foreign minister Sergei Lavrov announced before the meetings that Russia would not return Ukrainian territory. After, he stated that should a peace deal be brokered, any peacekeeping forces could not come from NATO nations. The latter statement stunted growing European efforts to develop a security guarantee for Ukraine should a ceasefire be reached.

    Keith Kellogg, U.S. envoy for Kyiv and Moscow, said after his Feb. 20 meeting with Ukrainian president Volodymyr Zelenskyy that the U.S. is aligned with the nation — and that any end to the war with Russia should ensure there is no “next war”. Yet White House officials do not seem to have Ukraine’s best interest in mind in negotiating a potential resolution to the war.

    For instance, U.S. Secretary of Defense Pete Hegseth announced on Feb. 12 that the U.S. government doesn’t believe NATO membership for Ukraine “is a realistic outcome of a negotiated settlement.” He added that Ukraine would need to accept territorial concessions to Russia.

    Trump has also increasingly parroted Russian narratives — such as claiming that Ukraine started the war. He has also delegitimized Zelenskyy by claiming he is a “dictator” who refuses to hold elections — despite the nation’s constitution stating elections cannot legally be held under martial law.

    Trump also continues to demand 50 per cent of Ukraine’s natural resources to repay the United States for previous military and financial support. This has led to a deterioration in Ukrainian-U.S. relations at a time where Russian-U.S. relations appear to be improving.



    Read more:
    Ukraine’s natural resources are at centre stage in the ongoing war, and will likely remain there

    European leaders have responded with frustration. Zelenskyy has made his position clear that any negotiation must include Ukraine at the table. Ukraine would not accept an imposed peace.

    Any attempt at negotiating a lasting peace between the two nations must include accountability for Russian crimes.

    The realities of Russia’s invasion

    American overtures for peace have often referred to “stopping the millions of deaths” in Russia’s war in Ukraine. While on the surface this goal is admirable, it oversimplifies the realities of what the last three years of war have done to Ukraine. Namely, Russian forces have committed extensive war crimes and atrocity in Ukraine.

    Russian forces barrage Ukraine with drone strikes and terror bombing — including targeting civilians. Even as negotiations were happening in Saudi Arabia, Russian drones struck Odesa, injuring four civilians. This was the latest in a long line of such attacks. International Criminal Court (ICC) arrest warrants are out for Russian military leaders on just this issue.

    The Ukrainian government has confirmed over 19,500 Ukrainian children have been abducted by Russian forces. But in July 2023, Russian officials claimed they had over 700,000 Ukrainian children in Russian territory.

    Investigative reporting confirms the Russian government is assimilating these children — forcing them to stop speaking Ukrainian and raising them with a Russian identity. These actions have also led to ICC arrest warrants for Putin and Maria Lvova-Belova, Russia’s Children’s Rights Commissioner who oversees the program. Russia’s actions violate the UN Genocide Convention.

    Widespread sexual assault by Russian forces has been documented against Ukrainian men and women. Torture chambers have also been found in liberated cities. Russian forces committed mass murder in multiple Ukrainian cities — underscored by the discovery of mass graves in Bucha, Izium and Lyman.

    Mariupol, once a city of over 400,000 has been reduced to a population of 120,000 as of 2023. This showcases the devastation caused by Russian forces. Russia has also started seizing buildings to give to Russian settlers to further Russify the city.

    The realities under Russian occupation are only partially known. The Russian government has demanded Ukrainians living under occupation forfeit their Ukrainian identification documents and obtain Russian passports. In schools, Russia has fully implemented its nationalistic curriculum, which includes “anti-Ukrainian propaganda” aimed at assimilating Ukrainian children.

    Against international law, forcible Russification of the Ukrainian people has become a common feature of Russian occupation during this war.

    Ukraine’s fight for justice

    Ukraine continues to fight against Russian occupation. While it’s honourable to want to stop the deaths caused by fighting, the Russian regime’s actions in Ukrainian territory must be remembered too.

    This is why justice is just as important as resolution. While it’s unlikely Russian officials will find themselves before the ICC, there must be some form of accountability for Russian crimes against Ukraine if peace is negotiated. While present frontlines may dictate where Ukraine may be forced to cede territory or freeze conflict, the realities of Russian aggression cannot be ignored.

    Here, history offers a guide for what shouldn’t be done this time when brokering a peace deal.



    Read more:
    How Russia’s fixation on the Second World War helps explain its Ukraine invasion

    During the Second World War, Soviet forces committed extensive war crimes and atrocities. Yet the Soviet Union never faced a reckoning for those acts. Russian officials remember this. As a result, Putin feels empowered to commit similar atrocities in Ukraine — believing Russia, just as the Soviet Union, won’t face any consequences.

    For any possibility of lasting peace, accountability and justice for Russian war crimes must be at the forefront of negotiations. Otherwise, Russia will have learned it can act with impunity — threatening the likelihood of enduring peace for Ukraine.

    Oleksa Drachewych 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. Why justice for Ukraine must be at the forefront of peace negotiations – https://theconversation.com/why-justice-for-ukraine-must-be-at-the-forefront-of-peace-negotiations-250208

    MIL OSI – Global Reports –

  • MIL-OSI Russia: “Dare and Win!”: How February 23 was celebrated at the Military Training Center

    Translartion. Region: Russians Fedetion –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    © Higher School of Economics

    On the eve of Defender of the Fatherland Day in Military training center The HSE hosted ceremonial meetings and creative evenings of student amateur performances. Such events are held here every year on the eve of February 23, and not only HSE students, but also students from partner schools and honorary guests take part in them.

    “Conquer new heights”

    The guest of honor at the ceremonial meeting and creative evening of 4th-year students was Vice-Rector Sergey Rozhkov. After the State Flag of the Russian Federation, the flag of the HSE Military Training Center were carried out and the Anthem of the Russian Federation was performed, he congratulated all those present on Defender of the Fatherland Day.

    “I wish you good health, happiness and prosperity, to always move forward, and not to stop in the face of difficulties. You will have to conquer new heights, and it does not matter whether they will be connected with the specialty you have chosen or with service in the Armed Forces – as far as I know, we also have those who want to join the military service. Dare and win,” said Sergey Rozhkov, addressing the students.

    He also wished for a quick big victory in the special military operation. “We are really looking forward to it, it is important for all of us,” the vice-rector concluded.

    The head of the Military Training Center (VTC), Hero of Russia Vladimir Korgutov, also delivered welcoming words.

    “This national holiday firmly links the past, present and future of Russia, is a symbol of fortitude, courage, solidarity and unity, pride in one’s country and its history. And today we remember those who conscientiously fulfilled their military duty – in every home, in every family, there are reminders of the heroism of our grandfathers and fathers. Military exploits and traditions will never be forgotten,” he said.

    The Hero of Russia recalled the soldiers and officers who died during the SVO, including those who were personally known to the teachers of the Military Training Center. Those present in the hall honored their memory with a minute of silence.

    Award ceremony

    Vladimir Korgutov reported that in the run-up to Defender of the Fatherland Day, congratulations were sent to the Military Training Center “from many of our colleagues and comrades.” Among them were representatives of universities from different regions of Russia where military training centers operate. “We also congratulate them and advocate for us to have more joint projects,” he added.

    This was followed by a ceremony to present awards to the staff and students of the Military Training Center.

    For the consistently high quality of performance of official duties, Sergey Rozhkov presented a letter of gratitude from the Rector of the National Research University Higher School of Economics Nikita Anisimov to the teacher Departments of the Ground Forces Aleksandr Alekseev, associate professor Andrey Cherkesov and the educational department dispatcher Olga Lobova. The vice-rector’s gratitude was awarded to associate professor of the Land Forces Department Viktor Prilyudko.

    A teacher received a commemorative badge of the city of Moscow “80 years of the Battle of Moscow” Department of Aerospace Forces Alexander Lyubimov. Andrey Cherkesov was awarded the medal “65 years of the Strategic Missile Forces” by the Council of Veterans of the Strategic Missile Forces. Gratitude from the head of the Military Training Center was announced to engineer Irina Petrova and senior engineer of the educational and training equipment department Yuri Kuprienko.

    In addition, the best students received incentives. This is not only a certificate or gratitude, but also a photo taken near the unfurled flag of the VUC together with Hero of Russia Vladimir Korgutov, as well as a “letter to the homeland” – a message to parents, which tells about the achievements of their son. Another form of incentive in honor of February 23 is the removal of a previously imposed penalty, and this is no less important for students than any other award.

    Tribute

    Holding concerts on the eve of February 23 is one of the traditions of the Military Training Center. First of all, it is a tribute to those who defended our Motherland during the Great Patriotic War and other wars, and to those who today, faithful to their military duty, continue to defend it.

    This year, not only students of the Military Training Center performed at the creative evenings, but also invited performers and creative groups, for example, the vocal studio “Kladez” from the Moscow State Technical University of Civil Aviation under the direction of Oksana Kazakova. Famous songs of the war years and modern works were performed, including those written by the students themselves. A quiz on military topics was also organized for fourth-year students.

    Yaroslav Rodkin, 2nd year student of the OP “Strategy and production in communications“, acted as the host of the creative evening and read poems of his own composition. “I dedicated the poem “Soon Home” to the soldiers who are awaited at home, because at the front it is important to feel the support of relatives, and the poem “A Bullet Flies” – to the soldiers who died in battles for Russia,” he explained.

    Petr Kutukov, 2nd year student of the OP “Right“, performed the song “We Need One Victory” at two creative evenings – for his classmates and for fourth-year students. The participation of younger fighters in a concert for older ones is another tradition that helps pass the baton and strengthen the spirit of camaraderie.

    “I studied music in my school years and I love singing for the soul. I try to participate in extracurricular activities, and the concert for Defender of the Fatherland Day is a good opportunity to prove myself. This holiday is close to me: my great-grandfather, born in 1898, took part in four wars, my father and grandfather were officers. War songs have a special energy, many of them are written by people who know firsthand what war is,” said Petr.

    “The baton is in safe hands”

    Another tradition of the VUC is a farewell speech to graduates. At the end of the creative evening for 4th-year students, it was delivered by ordinary professor Adam Nizhalovsky.

    He reported that the HSE Military Training Center is one of the best among 137 military training centers in the country, and is distinguished by the high quality of students typical of the HSE, and a unique faculty: 2 generals, 20 colonels, 13 lieutenant colonels, 1 major, 1 “growing lieutenant”. Among them are 16 doctors and candidates of science, 11 combat veterans, including 4 holders of the Order of Courage, 2 holders of the Order “For Military Merit”.

    “We are the only military training center that has been commanded by a Hero of Russia for over ten years,” Adam Nizhalovsky emphasized. He assured those gathered that the baton is in good hands and that HSE graduates “will form the core of the country’s mobilization resource.”

    Then Tatyana Kravets, the guest of honor, the principal of School No. 1251 named after Charles de Gaulle, spoke, attending the event together with her students. She noted that today’s officers and students are growing up in schools. “We admire you. You were and remain our hope and support, and our graduates will honorably, as expected, replace you at your combat post,” the principal said.

    The students presented Vladimir Korgutov with a cake with the number 23 on it. “The doors of the Military Training Center are always open for you,” he assured.

    The Science of Encouragement

    Summing up the ceremonial events, Vladimir Korgutov noted in an interview with Vyshka.Glavnoe that they are an important part of the military-patriotic education of future officers. The presentation of awards is a way to encourage the best, and joint creative activities help to unite the team. “Students get to know each other better, are imbued with the spirit of patriotism,” the Hero of Russia believes.

    In his opinion, it is important to encourage not only experienced teachers, but also young officers and those who are engaged in ensuring the educational process. Alexander Lyubimov, the “growing lieutenant” mentioned in the parting words, the only one who received a state award for Defender of the Fatherland Day, successfully prepares the VUC team for the computer science Olympiads among cadets of military universities.

    “Olga Sergeevna Lobova is a senior warrant officer, a very good employee. Everything that concerns the plans for holding events, drawing up a schedule, distributing audiences – this is hers! Irina Valeryevna Petrova, also an excellent employee, keeps records of personnel, interacts with military registration and enlistment offices, and annually prepares an order from the Minister of Defense to assign ranks to our graduates,” adds Vladimir Korgutov.

    Among the students who have repeatedly received gratitude is a student of the OP “Applied Mathematics and Computer Science» Namig Damirov. Last year, he took 1st place in the individual competition at the All-Army Cadet Olympiad in Computer Science in St. Petersburg, leaving behind his peers from military universities, and his team took 2nd place in the specialized competition. Lieutenant Alexander Lyubimov took an active part in his preparation.

    “The competition is not easy, and we were pleased with the results. I hope that the foundation we laid will help the next generations of students who will represent the Military Training Center at this Olympiad,” Namig said.

    “Indistinguishable from Lev Leshchenko”

    Viewers shared their impressions of “Vyshka.Glavnoe”.

    “The concert was amazing. I especially remember the vocal and vocal-dance numbers of the invited artists, and the evening of amateur performances was wonderfully complemented by their professionalism. An unexpected surprise were the performances of the second-year students: wonderful singers – it was almost impossible to distinguish them from Lev Leshchenko,” says a fourth-year student of the OP “Business Management» Arseniy Samsonov.

    Completing his studies at the Military Training Center, he thanks Colonel Korgutov not only for mastering the military profession, but also for joining the army community, understanding its spoken and unspoken laws. “When I came to the Military Training Center in my second year, this world seemed alien and strange, but now I feel a part of it and am proud to be a reserve officer of the Strategic Missile Forces. I had previously planned to connect my career with the civil service, and the Military Training Center strengthened this intention in me,” the student says.

    “When they performed the song ‘Officers’ and the entire audience stood up, I saw tears welling up in Vladimir Aleksandrovich Korgutov’s eyes,” said Tatyana Kravets.

    “You understand, guys, he is a combat officer, a participant in the First Chechen War,” she addressed her students. “‘I sing to the officers who took pity on their mothers, returning their living sons to them’ – these words are about him. He received the title of Hero of Russia because there were no casualties in his unit. Think about it! He saved everyone!”

    “I liked the theme night,” adds eighth-grader Sergei Burov. “An hour and a half flew by in an instant, the war songs and poems went straight to my heart. If I manage to get into the Higher School of Economics, I will definitely go to study at the Military Training Center and will also perform at such concerts.”

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial News: Development of Concentration Risk Regulation: Discussion Results

    Translartion. Region: Russians Fedetion –

    Source: Central Bank of Russia –

    The Bank of Russia, following discussions with the market on the reform of credit concentration risk regulation finalized individual provisions of the concept.

    In particular, the following changes have been made to it:original version:

    — a reduced risk weight of 50% for state-owned companies with revenues exceeding 2% of GDP when calculating concentration standards will be applied for a year longer — until January 1, 2029. By that time, the concentration limiter for such companies will be the H30 standard, which will be calculated by systemically important banks;

    — the criteria for the operational independence of companies for determining a group of related borrowers (GRB) have been adjusted. In particular, the requirements for the composition of the board of directors have been simplified. In addition, if the mutual financial obligations of companies in one GRB are small, the companies will be considered operationally independent;

    — the approach to which subsidiaries and dependent companies of the bank may be excluded from the calculation of the maximum risk standard for related parties H25 has been clarified. Financial subsidiaries that finance the business of the bank owners insignificantly will be excluded.

    The Bank of Russia will continue to introduce regulations aimed at reducing concentration risks. It is expected that a number of changes (for example, the phased introduction of calculating concentration on the issuer of securities under reverse repo, inclusion in the calculation of requirements for accrued credit income, operational independence criteria) will be implemented as early as 2025.

    Preview photo: fireflite59 / Shutterstock / Fotodom

    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.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV.KBR.ru/Press/Event/? ID = 23399

    MIL OSI Russia News –

  • MIL-OSI Europe: The EBA finds progress in availability and accessibility of data used to identify and qualify environmental, social and governance risks but data landscape remains incomplete

    Source: European Banking Authority

    The European Banking Authority (EBA) today published a Report assessing the availability and accessibility of data related to environmental, social and governance (ESG) risks as well as the feasibility of introducing a standardised methodology for identifying and qualifying credit exposures to such risks. The Report finds that while there have been significant improvements over the recent years on availability and accessibility of data, the ESG data landscape remains incomplete at this stage. Key policy initiatives such as the Corporate Sustainability Reporting Directive (CSRD) and the supporting European Sustainability Reporting Standards (ESRS), as well as further transparency in the methodologies of ESG scores and External Credit Assessment Institutions’ (ECAI) credit risk ratings, are expected to further improve this landscape and mitigate challenges.

    Credit institutions are increasingly assessing ESG risks, although progress differs across exposure classes. Data availability, quality and granularity remain among the most significant challenges in developing more advanced approaches.

    Methodologies are most mature in the assessment of transition risk in corporate portfolios, where the EBA has observed certain elements of standardisation, such as the use of sectoral classification, greenhouse gas emissions and transition plans of counterparties as the key sources of information.

    Similarly, the EBA has observed some degree of standardisation in methodologies for mortgage exposures, which are typically based on the geographical location and energy efficiency of the immovable property collateral.

    The methodologies are less mature for other exposure classes where the process of developing relevant methodologies to identify and assess ESG risks is still ongoing. The practices regarding the assessment of environmental risk other than climate, social and governance risks are still at an early stage and mostly qualitative.

    While there are emerging practices regarding the assessment of ESG risks, the progress to date on the assessment of how these risks affect the level of credit risk is limited. At this stage, only few institutions apply specific methods for measuring credit risk related to ESG factors, focusing mostly on climate risk. While governance aspects have traditionally been part of the assessment of credit risk, both by institutions and by ECAIs, there is little standardisation and the approaches are mainly qualitative, often based on expert judgement.

    Based on the market practices and the current data landscape, the EBA concludes that the feasibility of designing a standardised methodology differs greatly depending on the type of exposures and risks considered. While there have been developments in the identification and assessment of ESG risks, there is still insufficient understanding and evidence of their effective impact on credit risk parameters. Should regulatory efforts towards standardisation be pursued, a sequenced approach would most likely be necessary.

    Legal basis

    The EBA is mandated under letters (a) and (b) of Article 501c(1) of Regulation (EU) No 575/2013, i.e. the Capital Requirements Regulation (CRR), to assess:

    a) the availability and accessibility of reliable and consistent ESG data for credit risk exposure classes;

    b) the feasibility of introducing a standardised methodology to identify and qualify these exposures, based on a common set of principles to ESG risk classification, and using the information available from sustainability disclosure frameworks, the guidance and conclusions coming from supervisory stress-testing or scenario analysis of climate-related financial risks, and the relevant ESG score of the credit risk rating by a nominated ECAI.

    MIL OSI Europe News –

  • MIL-OSI: NANO Nuclear Energy Announced as Two Star Partner of the Institute for Defense and Government Advancement’s Operational Energy Summit with CEO James Walker Scheduled to Present

    Source: GlobeNewswire (MIL-OSI)

    The Operational Energy Summit will be held at the Bethesda Marriot Hotel on February 25-26, 2025

    New York, N.Y., Feb. 24, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it is a Two Star Partner of the 17th annual Operational Energy Summit, hosted by the Institute for Defense and Government Advancement in Bethesda, Maryland at the Bethesda Marriot Hotel on February 25 -26, 2025.

    On Tuesday, February 25th, Chief Executive Officer and Head of Reactor Development, James Walker, will lead a keynote presentation titled, “The role of innovative nuclear technology to support the defense industry and military operations”, at 1:30 PM. Thereafter, he will also present, “Industry insight session hosted by NANO Nuclear Energy Inc.” at 3:30 PM.

    For over two decades, the Institute for Defense and Government Advancement (IDGA) has served as a non-partisan event and thought leadership organization connecting the Defense and Security communities interested in solving high-level challenges. Through its industry-leading conferences, networking events and online community portal, IDGA supports and coordinates the participation of leading stakeholders across the Government, Military, and associated defense industry partners.

    For its 17th year, the IDGA Operational Energy Summit will bring together operational and installation energy leaders from the U.S. Department of Defense, Department of Energy, allied military, industry, and academia to discuss the current state of military energy and the path forward. This year’s summit will focus on addressing the emerging threat landscape, contested environments, the role of innovative technology, and the challenges and gaps in defense energy to ensure support of military operations. Guided by thought leaders, the summit will explore alternative energy sources, including nuclear and solar power, along with microgrids and technologies for enhancing grid security. As the demand for energy increases to support both current and future weapon systems and technologies, the topics of discussion will include strategies for achieving energy resilience, security, reliability, and sufficiency.

    “The IDGA is at the forefront of efforts to address the U.S. armed forces’ most urgent challenges, particularly in understanding operational and installation energy,” said John G. Vonglis, Executive Director of Global Government Affairs of NANO Nuclear Energy. “This summit will bring together some of the nation’s foremost experts, united by a shared mission to provide service members with robust, reliable, and resilient next-generation energy solutions, with nuclear set to play a key role in discussions.”

    Figure 1 – NANO Nuclear Energy Inc. Announced as the Two Star Partner of the Institute for Defense and Government Advancement’s Operational Energy Summit on February 25-26, 2025.

    “The growing emphasis on nuclear-based energy systems within the U.S. military creates exciting opportunities to deliver reliable, carbon-neutral power to the country’s service members,” said James Walker, Chief Executive Officer and Head of Reactor Development of NANO Nuclear Energy. “This summit provides a valuable platform to connect with key operational leaders throughout the military complex, and I look forward to discussing the future of nuclear energy with all attendees.”

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors. NANO Nuclear is also developing patented stationary KRONOS MMR™ Energy System and space focused, portable LOKI MMR™.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

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    NANO Nuclear Energy X PLATFORM

    Cautionary Note Regarding Forward Looking Statements

    This news release, the conference presentation described herein, and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

  • MIL-OSI United Kingdom: Joint Statement on the resumption of India-UK trade negotiations

    Source: United Kingdom – Executive Government & Departments

    News story

    Joint Statement on the resumption of India-UK trade negotiations

    Today the Republic of India and the United Kingdom have resumed negotiations towards a trade deal between our two countries.

    The Prime Minister of India Shri Narendra Modi and Prime Minister of the United Kingdom the Rt Hon Sir Keir Starmer met on the sidelines of the G20 Summit in Rio de Janeiro, Brazil in November 2024 to underline the importance of resuming trade negotiations at an early date. 

    Today the Republic of India and the United Kingdom have resumed negotiations towards a trade deal between our two countries. This announcement has been made by Minister for Commerce and Industry of India Shri Piyush Goyal and Secretary of State for the Department for Business and Trade of the United Kingdom the Rt Hon Jonathan Reynolds in Delhi. This announcement is an outcome of the above stated discussions held at the level of Prime Ministers of the two countries. 

    India and the United Kingdom have a close partnership, built through collaboration on security and defence, new and emerging technologies, climate, health, education, research and innovation, green finance and people-to-people contacts. At the centre of this relationship is the collective aspiration to deliver economic growth and sustainable development.

    Both sides have agreed to resume negotiations towards a balanced, mutually beneficial and a forward-looking deal that delivers mutual growth and builds on the strengths of the two complementary economies. The strengthening of the trading relationship between our two countries has the potential to unlock opportunities for business and consumers across both our nations and build further on our already deep ties.

    The two leaders directed the negotiators to work together to resolve the outstanding issues in the agreement to ensure a fair and equitable trade deal for shared success.

    Updates to this page

    Published 24 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: Attorney General Bonta, Senator Hurtado Unveil Bill to Sharpen California’s Antitrust Law

    Source: US State of California

    Bill would increase penalties for corporations that break California law

    OAKLAND — California Attorney General Rob Bonta and Senator Melissa Hurtado (D-Bakersfield) today unveiled Senate Bill 763 (SB 763), legislation seeking to more effectively deter corporations from restraining trade, fixing prices, and reducing competition — actions that can raise prices and harm workers, businesses, and consumers. Currently, many powerful corporations view antitrust enforcement as just another cost of doing business. SB 763 would increase criminal penalties and add civil penalties for violations of California’s Cartwright Act.

    “Too many wealthy corporations see penalties for breaking the law as simply the cost of doing business. SB 763 would sharpen the teeth of a century-old law by increasing penalties for those looking to illegally profit at the cost of workers, consumers, and honest businesses,” said Attorney General Rob Bonta. “As the fifth largest economy in the world, and home to some of the wealthiest corporations, California has a responsibility to fight for a fair and competitive marketplace, especially amid the unprecedented wave of corporate mergers and market consolidation that we are seeing today. I thank Senator Hurtado for introducing this bill to help ensure we have the appropriate tools to protect a vibrant and just 21st century economy.” 

    “This is about power — the power of corporations, market manipulators, and bad actors who rig prices, suppress wages, and tilt the playing field in their favor,” said Senator Melissa Hurtado (D-Bakersfield). “For too long, Californians have shouldered the burden of an economy where those who break the rules profit while honest businesses and working families struggle. That ends now. SB 763 ensures that violating antitrust laws comes with real consequences, not just a slap on the wrist.”

    What is Antitrust?

    Antitrust violations can lead to rising costs for consumers because when companies collude or gain significant market power through illegal anticompetitive practices, they have less pressure to keep prices low and can raise prices without fear of losing customers to other competitors. Competitive marketplaces established through antitrust vigilance help consumers by ensuring fair prices for goods and services, an array of products to choose from, quality goods and services, and the steady introduction of innovative new products.

    California’s Cartwright Act prohibits agreements between corporations to restrain trade, limit production, and fix prices or otherwise prevent competition. The existing penalties for violations of the Cartwright Act have not been updated in decades and are insufficient to deter anticompetitive activity in the current market. 

    SB 763 

    SB 763 would increase criminal penalties and add civil penalties under the Cartwright Act. 

    Specifically, SB 763 would: 

    • Increase the criminal fines for corporate violators from $1 million to $100 million per violation.
    • Increase the criminal fines for individuals from $250,000 to $1 million per violation.
    • Increase the term of imprisonment for a felony violation to two, three, or five years (currently one, two, or three years).
    • Add civil penalties of up to $1 million per violation that courts can impose based on factors such as the nature, seriousness, and persistence of the misconduct.

    Antitrust and the California Department of Justice

    Attorney General Bonta has made robust antitrust enforcement a top priority, working to expand the size of the California Department of Justice’s Antitrust Section and leading the charge within the state and across the country.  

    In December 2024, Attorney General Bonta secured the abandonment of the Kroger-Albertsons merger, which threatened to raise grocery prices and leave Californians with limited choices over where to shop and where to work. In August 2024, Attorney General Bonta filed a lawsuit against RealPage, alleging that its anticompetitive conduct harmed consumers by decreasing competition among landlords, limiting price negotiation, and increasing prices in the rental housing industry. In July 2024, Attorney General Bonta announced a $50 million settlement with gas trading firms, resolving allegations that the firms secretly worked together to tamper with and manipulate spot market prices for California gasoline. In September 2022, Attorney General Bonta sued Amazon, alleging that the company stifled competition and caused increased prices across California through its anticompetitive contracting practices. 

    As part of the Attorney General’s commitment to enforcing antitrust laws, the California Department of Justice recently launched a new Antitrust Complaint Form. Please click here to report anticompetitive conduct that potentially violates antitrust laws.

    The text of the legislation is available here. 

    MIL OSI USA News –

  • MIL-OSI Global: Entrepreneurship as a way out of poverty? Study in rural Kenya shows why it doesn’t always work

    Source: The Conversation – Africa – By Ralph Hamann, Professor, University of Cape Town

    International development agencies and non-governmental organisations often seek to advance community development by fostering entrepreneurship. The premise is that poor people can enhance their household incomes by establishing small businesses or by adding value to natural resources.

    Such programmes commonly include training and the provision of loans to enable micro-entrepreneurs to get started. But these interventions aren’t straightforward and often fail to achieve their objectives.

    Prior research has pointed to the fundamental economic challenges of entrepreneurship in the context of poverty. Cultural and institutional factors also play a role. Researchers have argued, for instance, that cultural norms of collectivism shape how entrepreneurs define themselves. They are likely to prioritise their roles as mentors or community safety net. This constrains their ability to innovate and grow their businesses.

    We wanted to explore an entrepreneurship-focused intervention in more detail. Specifically, why do some people seem more inclined than others to adopt these new behaviours?

    In a recent paper we set out our findings based on a study we conducted with 25 participants in northern Kenya. We built on our combined interests in entrepreneurship in resource-constrained environments, identity theory, and community development. We found that programme participants responded to the intervention in very different ways, and that religion helped explain these differences.

    Our findings have implications for interventions promoting entrepreneurship as a means to reduce poverty. First, such interventions can create profound identity tensions for participants and so their proponents need to take into account local cultures much more than is commonly the case. Second, entrepreneurship-focused interventions can change participants’ behaviours in ways that potentially disadvantage the poorest community members, leading to greater inequality at the community level.

    On the ground

    The development intervention we examined was aimed at fostering entrepreneurship in extremely poor pastoralist communities. The programme built on a small government cash transfer and put recipients into savings groups of up to 30 people. Participants were encouraged to start small businesses in these group discussions. They also received training in life skills and basic financial and business skills, such as the concept of profit and how to buy and sell goods.

    We found that over the five-year period of our study, an increasing number of pastoralists began engaging in businesses involving the sale of livestock, beadwork, sugar, tea leaves, washing powder and other necessities. But we discovered that these new business-oriented behaviours created profound tensions for the participants, and participants responded in different ways.

    The source of these tensions was in how individuals defined themselves within the local culture.

    The collectivist culture in these communities involved norms such as nkanyit (loosely translated, respect), which meant that people should share their belongings with others. But the training and the credit repayment requirements associated with the intervention made this problematic.

    To make profits and repay loans, the programme participants had to deny other community members’ requests for handouts or loans. This contravened local norms and expectations. It also created the fear that community members might curse the entrepreneur or her or his family.

    One participant explained:

    Business is different from what we were doing; business is not to give credits and also not to just give things to people… but people can curse you {if you say no}.

    Yet participants responded to these tensions in different ways. Some (about one-third of our research participants) gave in to the existing expectations and the need to avoid curses. As a result, they gave handouts to community members and often this led to their business languishing or collapsing. One participant noted:

    When I have food {business goods} in the house, I can’t tell people that I don’t have anything, and they know that I do. I just give some to avoid {curses}.“

    Others, however, continued with the new business activities despite the threat of curses. We discovered that a key factor explaining this was religion.

    Christians believed that their faith would protect them from curses. For some this occurred from the beginning. Others, fearful of curses early on, came to believe that curses would not apply in the context of the businesses that they wanted to keep running.

    For instance, one participant argued:

    Don’t give to people because of the fear of curses, just say no and pray for protection from the curses because God is great.

    Implications

    We highlight the importance of people’s social identities – specifically religious identities – in explaining why some participants are more likely to adopt capitalist behaviours (such as borrowing money to invest in business, or charging consumers interest on loans) than others.

    Organisations delivering entrepreneurship interventions and education in contexts of extreme poverty need to be aware of what identities they are encouraging participants to construct, either directly or indirectly through training and mentorship, and even through the questions that they ask participants.

    They need to be careful about creating tensions between existing cultural norms and the new concepts and behaviours they are introducing.

    More broadly, there may also be unintended negative consequences at the community level. Among the research participants in our study that adopted the entrepreneur role, this was linked to a diminished willingness to support poor community members. So, even if participants in the programme benefit through higher incomes, their entrepreneurial behaviours reduce traditional habits of giving to the needy. This could increase hardships for the very poor and create greater inequalities.

    This article is co-authored by Jody Delichte, and it is based on her PhD research at the University of Cape Town Graduate School of Business. Jody currently works as an international development and culture consultant. We are grateful to Jeremy Upane for his translation support in the field.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Entrepreneurship as a way out of poverty? Study in rural Kenya shows why it doesn’t always work – https://theconversation.com/entrepreneurship-as-a-way-out-of-poverty-study-in-rural-kenya-shows-why-it-doesnt-always-work-246700

    MIL OSI – Global Reports –

  • MIL-OSI Video: How is fake news affecting society? #Davos2025 #WorldEconomicForum #PedroSánchez

    Source: World Economic Forum (video statements)

    The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.

    This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/
    X ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #Davos2025 #WorldEconomicForum #wef25

    https://www.youtube.com/watch?v=LS_Al0L8tyg

    MIL OSI Video –

  • MIL-OSI United Kingdom: Say no to doorstep traders

    Source: Northern Ireland Direct

    Date published:

    There are dangers when you employ doorstep callers who offer to do improvement works to your property. You are advised not to use tradespeople who just turn up on the doorstep.

    Older and vulnerable people

    Some doorstep traders deliberately target older and vulnerable people who live alone.

    They call at their homes uninvited and offer to carry out home improvement works or repairs to a property.

    You could lose large sums of money for work that could prove to be of little value. 

    Also, people can sometimes feel intimidated and pressurised into agreeing to pay for additional work that they didn’t want or need.

    That work can then often result in people having to pay out large sums of money to legitimate traders to have the work fixed or finished.

    Local neighbourhood websites

    You should also be alert when using local neighbourhood websites where people post about the jobs they need doing, in the belief that they’ll avoid the sort of rogue traders who turn up on their doorstep. 

    The doorstep criminals have adapted their methods and now have a presence on these websites and often respond to such requests.

    The traders often use fake profiles and vastly under-quote for jobs to get a response.

    In reality, many of these traders are criminals who will charge vastly-inflated prices for shoddy work or for work that is not needed.

    In many cases, the trader will start work on the property immediately and then will leave it unfinished or in a very poor state of repair.

    What you can do

    To put off approaches from rogue traders in the first place you can place a sign in your door or window telling any doorstep callers looking for business that they are not welcome.

    You can point out the sign to any unwelcome callers and tell them that if they persist in trying to sell their services they may be committing a criminal offence.

    You can get ‘No Cold Calling’ signs and more help and advice from Trading Standards Service’s Consumerline. 

    The advice is:

    • don’t buy at the door – no matter who is calling or what they seem to be offering
    • consider fitting doorstep cameras and video doorbells
    • don’t open the door to anyone who turns up uninvited, no matter what their story is – keep the chain on
    • always take your time – legitimate traders will not rush you to make a decision
    • if possible, choose a trader who has been recommended by family or friends
    • get written quotes from at least three traders to compare prices
    • don’t pay until the job is finished to your satisfaction
    • watch out for vulnerable or older neighbours or family members
    • use the ‘Nominated Neighbour’ scheme 

    As well as the huge financial losses from using doorstep tradespeople, many people also suffer emotional trauma, the onset of health problems, and have a long fear of crime.

    More useful links

    MIL OSI United Kingdom –

  • MIL-OSI: BexBack Launches U-Based Leverage Trading with 25x to 100x Leverage, Adds 45 New Trading Pairs and Double Deposit Bonus No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 24, 2025 (GLOBE NEWSWIRE) — With Bitcoin’s price fluctuating below $100,000, many analysts predict a prolonged period of high volatility in the crypto market. Holding spot positions may struggle to generate short-term profits in such conditions. As a result, 100x leverage futures trading has become the preferred tool for seasoned investors looking to maximize potential gains in this volatile market. BexBack Exchange is ramping up its efforts to offer traders unmatched promotional packages. The platform now features a 100% deposit bonus, a $50 welcome bonus for new users, and 100x leverage on cryptocurrency trading, providing exceptional opportunities for investors.

    In addition to 100x leverage, BexBack is offering new U-based leverage trading options with 25x, 50x, and 75x leverage, giving traders greater flexibility to manage risk while maximizing potential returns. The platform has also added 45 new popular trading pairs, expanding the range of assets available to trade, creating more opportunities for strategic investment.

    What Is 100x Leverage and How Does It Work?

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

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

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

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

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

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

    About BexBack?

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

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d4110cea-b777-4e8a-a7eb-a18dd12391f9

    https://www.globenewswire.com/NewsRoom/AttachmentNg/adc5f0e3-e140-4b4a-9027-4bd52b34fb95

    https://www.globenewswire.com/NewsRoom/AttachmentNg/44223717-8017-48e3-8f16-cc79ec9de8b0

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6fa2fed7-ca6f-4ecb-82e0-464a07c6f8bb

    The MIL Network –

  • MIL-OSI: Telnyx unveils Voice AI: The future of human-like conversations at scale

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, Feb. 24, 2025 (GLOBE NEWSWIRE) — AI-powered voice interactions are advancing quickly, and Telnyx Voice AI is leading the way. Telnyx Voice AI is redefining the way businesses engage with customers, delivering real-time, intelligent, and ultra-natural voice conversations that feel just like talking to a human.

    Until now, voice automation has been plagued by delays, robotic speech, and a lack of real intelligence. Telnyx Voice AI changes that by combining cutting-edge AI voice synthesis, real-time streaming, and a global, private IP network, ensuring ultra-low latency and hyper-realistic conversations. Unlike fragmented solutions, Telnyx takes a full-stack approach to conversational AI, offering businesses all the essential building blocks—voice infrastructure, AI-driven automation, and real-time connectivity—to create custom, scalable voice AI solutions from the ground up.

    What can businesses do with Voice AI?

    • Automate customer support – Deploy AI agents that respond instantly and resolve issues in real-time.
    • Enhance IVR and call routing – Guide customers efficiently with intelligent, context-aware voice interactions.
    • Boost sales and engagement – Power AI-driven outbound calls for follow-ups, reminders, and personalized outreach.
    • Enable conversational commerce – Let customers book, buy, and inquire using natural, human-like voice AI.

    Unlike other AI solutions that struggle with delays and disjointed conversations, Telnyx Voice AI is built from the ground up for real-time speech processing—meaning zero awkward pauses, just smooth, seamless conversations. And because it runs on Telnyx’s private global infrastructure, it’s more reliable, scalable, and cost-efficient than other cloud-based providers.

    “AI-powered voice is the future of customer interactions, and with Telnyx Voice AI, that future is here,” said Ian Reither, COO at Telnyx. “Businesses can now automate real-time, human-like conversations at scale without the delays, robotic tone, or high costs of traditional solutions. We’ve built a powerful, flexible AI voice platform so companies can create seamless, intelligent voice experiences like never before.”

    With Telnyx Voice AI, the future of voice automation isn’t just smarter—it’s more human. Experience Telnyx Voice AI today: https://telnyx.com/voice-ai

    For media inquiries, please contact:
    Telnyx Media Relations
    press@telnyx.com

    The MIL Network –

  • MIL-OSI Africa: Entrepreneurship as a way out of poverty? Study in rural Kenya shows why it doesn’t always work

    Source: The Conversation – Africa – By Ralph Hamann, Professor, University of Cape Town

    International development agencies and non-governmental organisations often seek to advance community development by fostering entrepreneurship. The premise is that poor people can enhance their household incomes by establishing small businesses or by adding value to natural resources.

    Such programmes commonly include training and the provision of loans to enable micro-entrepreneurs to get started. But these interventions aren’t straightforward and often fail to achieve their objectives.

    Prior research has pointed to the fundamental economic challenges of entrepreneurship in the context of poverty. Cultural and institutional factors also play a role. Researchers have argued, for instance, that cultural norms of collectivism shape how entrepreneurs define themselves. They are likely to prioritise their roles as mentors or community safety net. This constrains their ability to innovate and grow their businesses.

    We wanted to explore an entrepreneurship-focused intervention in more detail. Specifically, why do some people seem more inclined than others to adopt these new behaviours?

    In a recent paper we set out our findings based on a study we conducted with 25 participants in northern Kenya. We built on our combined interests in entrepreneurship in resource-constrained environments, identity theory, and community development. We found that programme participants responded to the intervention in very different ways, and that religion helped explain these differences.

    Our findings have implications for interventions promoting entrepreneurship as a means to reduce poverty. First, such interventions can create profound identity tensions for participants and so their proponents need to take into account local cultures much more than is commonly the case. Second, entrepreneurship-focused interventions can change participants’ behaviours in ways that potentially disadvantage the poorest community members, leading to greater inequality at the community level.

    On the ground

    The development intervention we examined was aimed at fostering entrepreneurship in extremely poor pastoralist communities. The programme built on a small government cash transfer and put recipients into savings groups of up to 30 people. Participants were encouraged to start small businesses in these group discussions. They also received training in life skills and basic financial and business skills, such as the concept of profit and how to buy and sell goods.

    We found that over the five-year period of our study, an increasing number of pastoralists began engaging in businesses involving the sale of livestock, beadwork, sugar, tea leaves, washing powder and other necessities. But we discovered that these new business-oriented behaviours created profound tensions for the participants, and participants responded in different ways.

    The source of these tensions was in how individuals defined themselves within the local culture.

    The collectivist culture in these communities involved norms such as nkanyit (loosely translated, respect), which meant that people should share their belongings with others. But the training and the credit repayment requirements associated with the intervention made this problematic.

    To make profits and repay loans, the programme participants had to deny other community members’ requests for handouts or loans. This contravened local norms and expectations. It also created the fear that community members might curse the entrepreneur or her or his family.

    One participant explained:

    Business is different from what we were doing; business is not to give credits and also not to just give things to people… but people can curse you {if you say no}.

    Yet participants responded to these tensions in different ways. Some (about one-third of our research participants) gave in to the existing expectations and the need to avoid curses. As a result, they gave handouts to community members and often this led to their business languishing or collapsing. One participant noted:

    When I have food {business goods} in the house, I can’t tell people that I don’t have anything, and they know that I do. I just give some to avoid {curses}.“

    Others, however, continued with the new business activities despite the threat of curses. We discovered that a key factor explaining this was religion.

    Christians believed that their faith would protect them from curses. For some this occurred from the beginning. Others, fearful of curses early on, came to believe that curses would not apply in the context of the businesses that they wanted to keep running.

    For instance, one participant argued:

    Don’t give to people because of the fear of curses, just say no and pray for protection from the curses because God is great.

    Implications

    We highlight the importance of people’s social identities – specifically religious identities – in explaining why some participants are more likely to adopt capitalist behaviours (such as borrowing money to invest in business, or charging consumers interest on loans) than others.

    Organisations delivering entrepreneurship interventions and education in contexts of extreme poverty need to be aware of what identities they are encouraging participants to construct, either directly or indirectly through training and mentorship, and even through the questions that they ask participants.

    They need to be careful about creating tensions between existing cultural norms and the new concepts and behaviours they are introducing.

    More broadly, there may also be unintended negative consequences at the community level. Among the research participants in our study that adopted the entrepreneur role, this was linked to a diminished willingness to support poor community members. So, even if participants in the programme benefit through higher incomes, their entrepreneurial behaviours reduce traditional habits of giving to the needy. This could increase hardships for the very poor and create greater inequalities.

    This article is co-authored by Jody Delichte, and it is based on her PhD research at the University of Cape Town Graduate School of Business. Jody currently works as an international development and culture consultant. We are grateful to Jeremy Upane for his translation support in the field.

    – Entrepreneurship as a way out of poverty? Study in rural Kenya shows why it doesn’t always work
    – https://theconversation.com/entrepreneurship-as-a-way-out-of-poverty-study-in-rural-kenya-shows-why-it-doesnt-always-work-246700

    MIL OSI Africa –

  • MIL-OSI Video: “Our fossil fuel addiction is a Frankenstein monster” #Davos2025 #WorldEconomicForum #Guterres

    Source: World Economic Forum (video statements)

    The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.

    This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/
    X ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #Davos2025 #WorldEconomicForum #wef25

    https://www.youtube.com/watch?v=XfZ3V13ky6M

    MIL OSI Video –

  • MIL-OSI USA: Coalition of Unions, Small Businesses, Veterans, and Conservation Organizations Seek Injunction to Prevent Unlawful Firings

    Source: American Federation of State, County and Municipal Employees Union

    Amended Complaint also Targets Illegal “Five Things” Email

    WASHINGTON, D.C. – In their lawsuit attempting to block the unlawful mass terminations of probationary federal employees, some of the nation’s largest and most influential public service unions, along with small businesses, veterans, and conservation organizations, have filed for a temporary restraining order (TRO) against the Office of Personnel Management (OPM) and its Acting Director, Charles Ezell. The TRO would stop OPM from directing the unlawful firings, which the plaintiffs refer to in their complaint as “one of the most massive employment frauds in the history of this country.”

    The complaint, filed last week and amended yesterday, says that OPM’s egregious firings were made on false pretenses and violate federal law, including the Administrative Procedure Act and other statutes defining federal employment and OPM’s role. These firings were executed across federal agencies, based on directives from OPM. OPM, the complaint asserts, acted unlawfully by directing federal agencies to use a standardized termination notice falsely claiming performance issues. Congress, not OPM,controls and authorizes federal employment and related spending by the federal administrative agencies, and Congress has determined that each agency is responsible for managing its own employees.   

    In federal service, new employees and employees who change positions (including through promotions) have probationary status. The plaintiffs claim that OPM is exploiting and misusing the probationary period to eliminate staff across federal agencies.

    The amended complaint is the first to target OPM’s illegal demand that federal employees enumerate five accomplishments of the previous week. The demand, which has been widely derided, is also a violation of the Administrative Procedure Act, as explained in the complaint. “This request, and the resulting confusion, is not just inappropriate – it is disruptive to essential government functions,” said AFGE National President Everett Kelley, in a letter to Acting Director Ezell.

    With respect to the termination of the provisional employees,“small business owners across the country rely on the Small Business Administration for access to capital, technical assistance, government contracting, disaster relief and many other critical services. Main street businesses also rely on consistent and predictable permitting and regulation,” said Richard Trent, Executive Director for the Main Street Alliance. “More than 20 million new small businesses have formed in the US since 2020. OPM should immediately stop this chaos. MSA will keep fighting until they do.”

    “Units of the National Park System across the country – who are already struggling with a lack of staff – have been impacted by the unlawful and reckless firings of federal employees,” said Phil Francis, Chair of the Executive Council of the Coalition to Protect America’s National Parks. “We know these reductions in staff will lead to partial or full park closures, safety concerns due to a lack of  emergency responders, reduction or elimination of visitor center operations, a lack of maintenance including filthy restrooms, and an increased risk of harm to plants, animals, and other natural and cultural resources. These mass firings hurt our national parks and they hurt surrounding communities that depend on tourism and visitor spending to help support the local economy. The Coalition appreciates and supports our NPS employees and all federal workers who work tirelessly to conserve and protect our country’s national parks and public lands.”

    “Federal land and wildlife agencies are already understaffed, and the Trump administration’s recent hatchet-job on federal employees is resulting in chaos that will reduce federal oversight over lands that are supposed to be managed for the public interest, with conservation of lands, wildlife, and watersheds an important focus,” said Erik Molvar, a wildlife biologist and Executive Director of Western Watersheds Project. “We are concerned that these new job cuts will result in less federal oversight over public lands, allowing loggers, grazers, and drillers to get away with serious land abuses.”

    “This administration’s mass firings are a direct attack on the working people who have dedicated their lives to public service, including thousands of veterans. These reckless terminations threaten their livelihoods, their families, and their ability to continue serving their country, but the harm doesn’t stop there. Working families across the country could suffer from cuts to essential government services, whether it’s VA hospitals, disaster relief, or public safety,” said Jose Vasquez, Executive Director, CommonDefense.us. “This is not just bureaucratic mismanagement, it’s an assault on our nation from within. Common Defense stands with our fellow plaintiffs to demand an immediate stop to this unlawful purge and to defend the veterans, military families, and public servants who keep our government running.”

    “Veterans constitute approximately 30% of the federal workforce.  The recent mass layoffs have disproportionately affected them, leading to job losses and increased uncertainty. Many veterans rely on federal employment for stability, and these cuts have disrupted their livelihoods, said VoteVets Action Fund Chairman Major General (Ret.) Paul Eaton. “In addition, the termination of tens of thousands of probationary federal employees has had an adverse impact on the services provided to veterans, leading to staffing shortages, diminished support for critical programs, and increased uncertainty for veterans and their families.”

    “This administration has abused the probationary period to conduct a chaotic, ill-informed, and politically-driven firing spree. The result has been the indiscriminate firing of thousands of patriotic public servants across the country who help veterans in crisis, ensure the safety of our nuclear weapons, keep power flowing to American homes, combat the bird flu, and provide other essential services,” said AFGE National President Everett Kelley. “These actions aren’t just illegal. They are hurting everyday Americans and making us all less safe. It’s a stark reminder of the price we all pay when you stack the government with political loyalists instead of professionals.”

    “Overnight, tens of thousands of federal employees received the same termination letter citing ‘performance issues’ without any explanation or reasoning,” said AFSCME President Lee Saunders. “These mass firings are yet another unlawful attempt by this billionaire-run administration to gut public services without regard to the health and safety of our communities. Federal workers are qualified professionals who make our nation stronger – supporting our schools, parks, hospitals and vital infrastructure. We will keep fighting these attacks on their freedoms that threaten everything from food safety to national security to health care.”

    “New hires are crucial as our country continues to face nurse staffing challenges. Indiscriminately firing these nurses, who are essential to the care their units provide, could truly cost lives,” said Charmaine S. Morales, RN and UNAC/UHCP President.

    Ambassador Norm Eisen, representing the plaintiffs and executive chair of SDDF, said, “SDDF is proud to stand with leading public service unions and others in this critical fight to protect their members, who dedicate their lives to serving our nation. The mass firings ordered by OPM are illegal and betray the trust of countless federal employees. The patronizing demand that federal workers still on the job have to justify themselves by enumerating five accomplishments just adds insult to injury. That too is against the law. We are committed to protecting all these workers.”

    The TRO motion is available here.
    The memorandum in support of the TRO is available here.
    The proposed TRO order is available here.
    The amended complaint is available here.

    # # #

     

    The Main Street Alliance champions the voices of small business owners to create a thriving economy. We cultivate a network of entrepreneurs, connecting them with resources to build sustainable enterprises. Our membership drives state and federal policymaking that gives a fair shot to small businesses and strengthens communities nationwide.
    Western Watersheds Project is a unionized nonprofit conservation group dedicated to protecting and restoring wildlife and watersheds throughout the American West.
    Common Defense Civic Engagement (“CommonDefense.us”) is a grassroots membership organization of progressive veterans, military families, and civilian supporters standing up for our communities against the rising tide of racism, hate, and violence. Common Defense invests in the leadership of its members through training and deployment in campaigns that connect directly to their history of service, including voting rights, climate justice, and anti-militarism. Approximately 33,187 of Common Defense’s members live in California, including approximately 2,000 veterans.
    VoteVets uses public issue campaigns to relentlessly lift up the voices of veterans on matters of national security, veterans’ care, and everyday issues that affect the lives of those who served, and their families.
    Altshuler Berzon LLP is a California law firm that  focuses on providing legal representation in the service of economic justice and the public interest. The law firm represents clients in federal and state trial and appellate courts and before administrative agencies.
    State Democracy Defenders Fund brings together a nonpartisan team to work with national, state and local allies across the country to defend in real-time the foundations of our democracy.

    MIL OSI USA News –

  • MIL-OSI: Risk Strategies Appoints Craig D. Simon Managing Director, Private Equity

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Feb. 24, 2025 (GLOBE NEWSWIRE) — Risk Strategies, a leading North American specialty insurance brokerage and risk management and consulting firm, today announced it has hired Craig D. Simon as Managing Director in its National Private Equity Practice. In his role, Simon will be responsible for brokering, servicing, and program administration for clients in the private equity sector.

    Based in New York City, Simon brings over 25 years of experience to the Risk Strategies private equity practice. Simon is an expert in designing and implementing non-traditional and alternative risk management programs. He is a well-respected industry expert whose opinion with clients and leading trade and business publications, is frequently sought.

    “Bringing Craig on board is a real win for this practice,” said Neil Krauter Sr., National Private Equity Practice Leader, Risk Strategies. “His reputation as both an industry expert and team leader are well deserved, and we are excited to see the difference he will make for our clients and our business.”

    Prior to joining Risk Strategies, Simon was a Team Leader for U.S. Energy & Power at Marsh. He also served as Senior Managing Director at Crystal & Company (now Alliant) for over 15 years, overseeing the firm’s liability insurance placement and brokering operations. Simon previously led the U.S. liability insurance brokering as the National Casualty Practice Leader for Willis North America (now Willis Towers Watson).

    “I’m excited to join the practice at Risk Strategies and work with a team of true specialists,” said Simon. “Over my career, I have seen the power that focused industry expertise has for clients. Risk Strategies has built its success on this approach, and I’m excited to help grow this business.”

    A graduate of Hofstra University, Simon holds a Master of Business Administration in finance as well as a Bachelor of Arts in economics.

    About Risk Strategies

    Risk Strategies, part of Accession Risk Management Group, is a North American specialty brokerage firm offering comprehensive risk management services, property and casualty insurance and reinsurance placement, employee benefits, private client services, consulting services, and financial & wealth solutions. The 9th largest U.S. privately held broker, we advise businesses and personal clients, have access to all major insurance markets, and 30+ specialty industry and product line practices and experts in 200+ offices – Atlanta, Boston, Charlotte, Chicago, Dallas, Grand Cayman, Kansas City, Los Angeles, Miami, Montreal, Nashville, New York City, Philadelphia, San Francisco, Toronto, and Washington, DC. RiskStrategies.com

    Media Contact
    Alana Bannan
    Senior Account Executive
    360-975-1812
    Rsc@matternow.com

    The MIL Network –

  • MIL-OSI: CoinShares Confirms Zero Exposure to Bybit Exchange

    Source: GlobeNewswire (MIL-OSI)

    24th February 2024 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares” or “the Group”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF), a leading global investment company specialising in digital assets, today confirms that it has no exposure to the Bybit exchange.

    ABOUT COINSHARES

    CoinShares is a leading global investment company specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, Switzerland, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, and in the US by the Securities and Exchange Commission, National Futures Association and Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

    For more information on CoinShares, please visit: https://coinshares.com
    Company | +44 (0)1534 513 100 | enquiries@coinshares.com
    Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com 

    PRESS CONTACT

    CoinShares
    Benoît Pellevoizin
    bpellevoizin@coinshares.com

    M Group Strategic Communications
    Peter Padovano
    press@coinshares.com

    The MIL Network –

  • MIL-OSI: Toobit Joins Web3 Amsterdam as Platinum Sponsor, Expands Reach in Europe

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Islands, Feb. 24, 2025 (GLOBE NEWSWIRE) — Award-winning cryptocurrency derivatives trading platform Toobit is further expanding its presence into the Netherlands, attending and sponsoring Web3 Amsterdam 2025 on March 13-14 as a Platinum Sponsor.

    The event is a leading annual conference in the titular city, serving as a hub for Web3 enthusiasts, innovators, and industry leaders to explore the latest trends, foster collaboration, and drive mass adoption of decentralized technologies.

    “In-person Web3 events provide a valuable space for industry players to exchange ideas, discuss challenges, and explore partnerships,” said Mike Williams, Chief Communication Officer of Toobit, “Seeing eye to eye is the basis for building long-term trust. We look forward to contributing to these conversations while further exploring opportunities for collaboration within the European crypto ecosystem.”

    The conference will feature discussions on Web3 applications, and regulatory developments, offering a platform for dialogue between companies, affiliates, developers, and investors. Toobit’s team will be present throughout the event, participating in discussions and networking with local professionals.

    Web3 companies are increasingly turning to offline engagement to establish trust and strengthen their presence in key regions. By taking part in Web3 Amsterdam, Toobit joins a wider industry effort to foster transparency, innovation, and collaboration in the digital asset space.

    For more information about Web3 Amsterdam, visit https://web3amsterdam.com/.

    About Toobit

    Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what’s next.

    For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

    Contact: Davin C.

    Email: market@toobit.com

    Website: www.toobit.com

    Disclaimer: This content is provided by Toobit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining and related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/15b7f72a-df04-4d0d-af73-3b8d4fd2c6f2

    The MIL Network –

  • MIL-OSI Global: Africa relies too heavily on foreign aid for health – 4 ways to fix this

    Source: The Conversation – Africa – By Francisca Mutapi, Professor in Global Health Infection and Immunity. and co-Director of the Global Health Academy, University of Edinburgh

    There’s been a global trend in the reduction of aid to Africa since 2018. Donors are shifting their funding priorities in response to domestic and international agendas. Germany, France and Norway, for instance, have all reduced their aid to Africa in the past five years. And, in 2020, the UK government reduced its Overseas Development Aid from 0.7% of gross national income to 0.5%.

    Many health services across the African continent rely heavily on overseas aid to provide essential care. International funding supports everything from vaccines and HIV treatment to maternal health programmes.

    Cuts to aid, particularly unilateral ones, can have widespread implications. For instance, about 72 million people missed out on treatment for neglected tropical diseases between 2021 and 2022 due to UK aid cuts.

    The freeze of US aid to Africa in January 2025 is the latest in this trend. It’s already having significant and wide-ranging impacts across the African continent. For example, vaccination campaigns for polio eradication and HIV/Aids treatment through the President’s Emergency Plan for AIDS Relief (Pepfar) have been stopped. This puts millions of lives at risk. In South Africa alone, the cut of Pepfar’s US$400 million a year to HIV programmes risks patients defaulting on treatment, infection rates going up and eventually a rise in deaths.

    President Donald Trump’s actions have highlighted Africa’s reliance on foreign aid for health funding. I’m a global health expert who sits on various funding and advisory boards, including those of the World Health Organization (WHO), the UK government and boards of global resource mobilisation organisations. I am well aware of the competing funding priorities for international funders and have long advocated for local, sustainable health funding mechanisms.

    Long-term strategies to reduce aid dependency are critical. Breaking away from this current funding status requires concerted efforts building on proven best practice.



    Read more:
    How nonprofits abroad can fill gaps when the US government cuts off foreign aid

    Country-leadership and ownership

    African countries currently face the unique challenge of simultaneously dealing with high rates of communicable diseases, such as malaria and HIV/Aids, and rising levels of non-communicable diseases, such as cardiovascular diseases and diabetes.

    But Africa’s health systems are not sufficiently resourced. They’re not able to provide appropriate, accessible and affordable healthcare to address these challenges.

    African governments spend less than 10% of their GDP on health, amounting to capital expenditure of US$4.5 billion. This falls short of the estimated US$26 billion annual investment needed to meet evolving health needs.

    Aid goes towards filling this funding gap. For example, in 2021, half of sub-Saharan African countries relied on external financing, such as grants and loans, for more than one-third of their health expenditures.

    Foreign aid has helped. But it clearly leaves African countries vulnerable to the political mood swings among funders.

    It also leads to loss of self-determination in terms of health priorities as, ultimately, the funder determines the health priorities. This is one reason why many programmes in Africa focus on a single disease, such as HIV. This leads to poorly integrated health services. For instance health workers or services are channelled into managing a single disease.

    New, underutilised financing options

    The current trajectory of reduced aid to Africa is likely to continue. Global aid is being directed to other challenges, such as conflict and illegal immigration.

    The continent cannot continue on the same path while hoping for different outcomes. Africa needs to grow a range of immediately available domestic financing options. Many of these are underutilised and include:

    1.) Diversifying domestic resource mobilisation. This should include commodity taxation to fund health. For instance, tobacco taxes which are currently underutilised in Africa.

    Zimbabwe offers a successful example. It has bridged donor resource gaps through its 3% Aids levy (started in 1999). Imposed on both individual and corporate incomes, it funds domestic HIV/Aids prevention, care and treatment programmes.

    Nigeria’s another country that’s taken initiative, prioritising domestic budget allocation to health. It recently absorbed the 28,000 healthworkers formerly paid by USAid. This demonstrates that domestic health financing in Africa is possible.

    2.) More private-public partnerships. Formed between local and international philanthropies or institutions, these can bridge financing gaps.

    One successful example is the 2015 health service provision partnership between the Kenyan government and GE Healthcare. GE Healthcare provides radiography equipment and services which the government pays for over time. This allows the government to budget and plan healthcare expenditure over several years.

    3.) Promotion of regional integration to boost local production. This will reduce the need for aid-funded imported medical products.

    For instance, the African Union’s harmonised Africa Medicines Authority registration facility creates a single continental market for medicines. This supports local producers and exporters, by allowing them to operate on a larger scale. It also makes production and distribution more cost-effective. Finally, it reduces the reliance on imported medicines, strengthening Africa’s pharmaceutical industry.

    4.) Leverage development finance institutions. These are specialised financial organisations – such as the Africa Development Bank, African Export-Import Bank and the Development Bank of Southern Africa. They can provide capital and expertise to projects deemed too risky for traditional investors. This includes support for health financing for infrastructure development, private sector development for small and medium-sized enterprises and the regional integration.

    One transformative initiative is the AfricInvest investment platform. With support from development finance institutions in the US and Europe, AfricInvest has raised over US$100 million for health investment in Africa. It has funded at least 45 dialysis facilities in Africa, delivering over 130,000 dialysis sessions annually, primarily to remote and underserved communities all at affordable costs.

    A combination of these approaches at national, regional and continental level will accelerate Africa’s withdrawal from aid dependency.

    Francisca Mutapi receives funding from the Aspen Global Innovation Programme, Scottish Funding Council funding to the University of Edinburgh, Academy of Medical Sciences, British Academy and the Royal Society. Francisca Mutapi is the Deputy Director of the Tackling Infections to Benefit Africa (TIBA) Partnership and Deputy Board Chair of Uniting to Combat NTDS. She sits on the UK Foreign, Commonwealth & Development Office (FCDO) and WHO Africa Regional Director’s Scientific Advisory Groups.

    – ref. Africa relies too heavily on foreign aid for health – 4 ways to fix this – https://theconversation.com/africa-relies-too-heavily-on-foreign-aid-for-health-4-ways-to-fix-this-249886

    MIL OSI – Global Reports –

  • MIL-OSI Global: The anatomy of fight-ending blows and chokes in combat sports

    Source: The Conversation – UK – By Adam Taylor, Professor of Anatomy, Lancaster University

    The human body has evolved to shield its vital organs, from the brain’s hard skull and meninges to the ribs and sternum protecting the heart and lungs. Even abdominal structures are safeguarded by muscular layers. In contact sports, understanding these vulnerabilities can give competitors the edge, allowing them to take down an opponent with a knockout or submission.

    Head and neck

    In many sports, a blow to the head is a quick route to a knockout (KO). Strikes to the side of the head can lead to KOs — and sadly, sometimes death. These blows can rupture vital blood vessels around the brain, triggering rapid bleeding that causes instant symptoms or slowly compresses the brain, leading to a coma and eventual death.

    Blows to the chin are usually much more effective for an instant KO. They can generate significant force by rotational acceleration through the brain tissue. They may also result in “diffuse axonal injury”, where the force generated causes long nerves in the brain to stretch or tear.

    The neck is often exploited in mixed martial arts (MMA) and jiu-jitsu. The rear-naked choke is one of the more effective, taking 8.9 seconds to render an opponent unconscious. This choke cuts off blood flow to the brain through the two main carotid arteries, which each deliver up to 590ml of blood to the brain per minute.

    It takes just nine seconds to render someone unconscious with a rear naked choke.
    Marco Crupi/Shutterstock

    Unconsciousness from the heart stopping beating can occur in as little as eight seconds. Arteries running through the neck to the brain are also susceptible to direct trauma in combat sports, potentially leading to paralysis or even death.

    Nerves and bones

    The legs are a key target in combat sports, such as muay thai and MMA. Low kicks to the outside of the thigh and buttock area target the sciatic nerve – the largest nerve in the body. The sciatic nerve supplies muscles on the back of your leg and bottom of your foot.

    Although this nerve is rarely permanently injured in most sports, repeated trauma can cause numbness, weakness or paralysis of the muscles it supplies.

    Another target is a branch of the sciatic nerve called the common peroneal nerve. It sits underneath a bony bulge on the outside of your leg just below the knee. Repeated targeting of this nerve can result in the inability to stand because the foot drops and the person can’t sense its position or inability to move the affected foot.

    Because of the direction of kicks to this area, almost 60% of muay thai fighters report contracture (shortening) of their calf (gastrocnemius) muscle, in response to repeated trauma.

    Armbars and ankle locks are also rapid ways to bring things to an end. Armbars involve trapping the arm in such a way that the elbow is in the hyper-extended position, trying to force it beyond straight. On the back of the joint is a large bony bulge called the olecranon, which prevents over-extension.

    If an opponent doesn’t “tap out”, the joint cavity and tissues of the elbow sprain or tear or the radius or ulna break.

    Ankle locks are often described as one of the most painful locks. This is because, when done properly, it hyper-extends the ankle joint and compresses the achilles tendon, which is the largest and thickest tendon in the body and has many sensory receptors for pressure.

    This is further exacerbated because many of the nerves passing through the ankle have little or no protection from muscle or connective tissues and there are 11 ligaments that support the ankle, all now having excessive forces stretch through them.

    Abdomen

    Attacking the abdomen is common in combat sports as it’s an easier target to hit than the head. There are two blows to this area that can end a fight. Blows to the liver and to the spleen.

    The liver sits on the right, protected by the ribs. But hitting the body over or just below this area can send shock waves into the liver that result in instant crippling pain because of the large number of critical nerves that sit behind it. These nerves are responsible for important functions including monitoring organ status and blood vessel diameter.

    Some of these punches can result in death from internal bleeding. The liver receives a huge volume of blood: 25% of the heart’s output. Any significant injury can tear the liver, causing fatal blood loss.

    The left side can have similar consequences, tucked behind the lower ribs at the back on this side is the spleen, a soft and blood-filled organ which is often silently or subtly torn by blunt-force trauma, such as car accidents, contact sports or broken ribs.

    It often gives no or vague symptoms and can bleed slowly after the initial injury occurrence, resulting in collapse or death a few hours after the event.

    The heart

    Commotio cordis is a rare cause of sudden death, occurring most commonly in young male athletes who are struck in the chest. It occurs in the absence of visible heart damage.

    This trauma causes a fatal interruption to the electrical activity of the regular heartbeat. The reason that all chest blows don’t result in this outcome is because it is believed to have to happen at a specific part of the electrical conduction through the heart – called the T-wave, which usually accounts for about 1% of the heartbeat cycle time. The T-wave increases with exercise, which is why commotio cordis is usually seen in exercising young athletes.

    For commotio cordis to occur, the impact must generate roughly 50 joules of energy, which is roughly equivalent to a baseball travelling at about 40mph.

    The illegal stuff

    Most of the above blows are allowed in most combat sports. However, some things that occur during fights aren’t. Punching the back of the head – so-called rabbit punches are banned because they can snap the cervical vertebrae at the top of the neck and potentially the spinal cord, which can have significant lifelong injuries, or even death.

    Likewise, groin strikes are banned too, they can prevent people from having children and are incredibly painful because of the vast number of highly sensitive nerves that supply that area in men and women.

    While reading this may make you wince, it also brings a newfound respect for those athletes who train and repeatedly put themselves through a gruelling regime in these true contact sports.

    Adam Taylor 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 anatomy of fight-ending blows and chokes in combat sports – https://theconversation.com/the-anatomy-of-fight-ending-blows-and-chokes-in-combat-sports-248382

    MIL OSI – Global Reports –

  • MIL-OSI Africa: Samaila Zubairu of Africa Finance Corporation (AFC) Succeeds Prof. Benedict Oramah of Afreximbank to Lead the Alliance of African Multilateral Financial Institutions (AAMFI)

    Source: Africa Press Organisation – English (2) – Report:

    ADDIS ABABA, Ethiopia, February 24, 2025/APO Group/ —

    The Alliance of African Multilateral Financial Institutions (AAMFI), also known as the Africa Club, has announced the appointment of Samaila Zubairu as its new Chairperson.

    Mr. Zubairu, President and CEO of the Africa Finance Corporation (AFC), succeeds AAMFI’s founding Chair, Prof. Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank). His appointment was confirmed at the fifth meeting of the AAMFI Governing Council on 16th February 2025, on the sidelines of the 38th African Union Summit in Addis Ababa.

    Additionally, Dr Corneille Karekezi, Group Managing Director and CEO Africa Re Corporation (Africa Re) and Mr Manuel Moses, Chief Executive Officer of the African Trade & Investment Development Insurance (ATIDI), were appointed as the first and second Vice Chairpersons of the AAMFI Governing Council, respectively.

    Established in 2024, AAMFI brings together Africa’s leading multilateral financial institutions to promote sustainable economic growth and financial self-reliance for the continent. The Alliance plays a critical role in strengthening intra-African collaboration, mobilising capital for development, and advocating for Africa’s economic interests on the global stage.

    Under Prof. Oramah’s leadership, AAMFI made significant strides, including its successful launch by African Heads of State in February 2024, the adoption of its governing Charter, the admission of 3 new members: Fund for Export Development in Africa (FEDA), African Solidarity Fund (ASF), and East African Development Bank (EADB), increasing its membership from seven founding members to a total of ten members.

    Prof. Oramah’s leadership also saw the endorsement and recognition of AAMFI by key African Union organs and stakeholders, as well as successful elevation of the profile of the Alliance highlighting its key role in shaping discussions around African multilateral and development finance.

    “I want to thank the leadership of AAMFI for entrusting me with this mandate. Looking back at what we have achieved, I am reminded of the immense potential and responsibility that lies ahead. AAMFI has laid a strong foundation for Africa’s financial sovereignty, but there is still much more to be done. I am confident that under the leadership of Mr. Samaila Zubairu, the Africa will continue to drive impactful collaborations and innovative financial solutions to accelerate Africa’s economic transformation,” said Prof. Oramah, in his statement during the handover ceremony. “

    As Chair, Zubairu will drive collaborative growth by strengthening partnerships among member institutions, African governments, and global agencies to build a robust financial architecture. His agenda prioritizes youth empowerment through industrialization, financial literacy, and pension reforms, strategic investments in infrastructure, and developing capital markets to enhance liquidity and intra-African investment. He will also advocate for cross-border capital mobilization and early warning systems to prevent financial vulnerabilities, ensuring Africa’s economic resilience and long-term prosperity.

    While accepting the Chairmanship of the AAMFI for 2025, Mr Zubairu said: I am deeply honored to assume the chairmanship of AAMFI at this pivotal moment for Africa’s economic transformation. Our collective mission is clear—to build a robust financial architecture that captures and retains value within the continent, mobilizes African capital for African priorities, and accelerate the infrastructure development that enables industrialization. By fostering deeper intra-African collaboration, and strengthening our institutions, we will unlock opportunities that create high-quality jobs, drive innovation, and secure our long-term economic resilience. I look forward to working with my esteemed colleagues to chart a path toward true financial sovereignty and sustainable prosperity for Africa.”

    Mr. Zubairu’s leadership of AFC since 2018 has been pivotal to mobilising capital for infrastructure, industrialization and trade across Africa. AFC leads some of the continent’s most significant infrastructure projects, including the Lobito Corridor, Africa’s largest rail project, and transformative renewable energy initiatives such as the Lekela Power and Red Sea Power wind generation projects, and Xlinks, which is set to export electricity from the Sahara to Europe. Under his stewardship, AFC has doubled assets invested to $15 billion, and expanded membership from 18 countries to 44, representing 80% of African nations.

    Members commended Prof. Oramah on his successful leadership and tenure and pledged their commitment and support towards a successful year for Mr Zubairu as the new Chairperson of AAMFI.

    AAMFI members include AFC, Afreximbank, Trade and Development Bank Group (TDB Group), African Reinsurance Corporation (Africa Re), African Trade and Investment Development Insurance (ATIDI), Shelter Afrique Development Bank (SHAFDB), ZEP-RE (PTA Reinsurance Company), East African Development Bank (EADB), African Solidarity Fund (ASF), and the Fund for Export Development in Africa (FEDA).

    MIL OSI Africa –

  • MIL-OSI Africa: Africa relies too heavily on foreign aid for health – 4 ways to fix this

    Source: The Conversation – Africa – By Francisca Mutapi, Professor in Global Health Infection and Immunity. and co-Director of the Global Health Academy, University of Edinburgh

    There’s been a global trend in the reduction of aid to Africa since 2018. Donors are shifting their funding priorities in response to domestic and international agendas. Germany, France and Norway, for instance, have all reduced their aid to Africa in the past five years. And, in 2020, the UK government reduced its Overseas Development Aid from 0.7% of gross national income to 0.5%.

    Many health services across the African continent rely heavily on overseas aid to provide essential care. International funding supports everything from vaccines and HIV treatment to maternal health programmes.

    Cuts to aid, particularly unilateral ones, can have widespread implications. For instance, about 72 million people missed out on treatment for neglected tropical diseases between 2021 and 2022 due to UK aid cuts.

    The freeze of US aid to Africa in January 2025 is the latest in this trend. It’s already having significant and wide-ranging impacts across the African continent. For example, vaccination campaigns for polio eradication and HIV/Aids treatment through the President’s Emergency Plan for AIDS Relief (Pepfar) have been stopped. This puts millions of lives at risk. In South Africa alone, the cut of Pepfar’s US$400 million a year to HIV programmes risks patients defaulting on treatment, infection rates going up and eventually a rise in deaths.

    President Donald Trump’s actions have highlighted Africa’s reliance on foreign aid for health funding. I’m a global health expert who sits on various funding and advisory boards, including those of the World Health Organization (WHO), the UK government and boards of global resource mobilisation organisations. I am well aware of the competing funding priorities for international funders and have long advocated for local, sustainable health funding mechanisms.

    Long-term strategies to reduce aid dependency are critical. Breaking away from this current funding status requires concerted efforts building on proven best practice.

    Read more: How nonprofits abroad can fill gaps when the US government cuts off foreign aid

    Country-leadership and ownership

    African countries currently face the unique challenge of simultaneously dealing with high rates of communicable diseases, such as malaria and HIV/Aids, and rising levels of non-communicable diseases, such as cardiovascular diseases and diabetes.

    But Africa’s health systems are not sufficiently resourced. They’re not able to provide appropriate, accessible and affordable healthcare to address these challenges.

    African governments spend less than 10% of their GDP on health, amounting to capital expenditure of US$4.5 billion. This falls short of the estimated US$26 billion annual investment needed to meet evolving health needs.

    Aid goes towards filling this funding gap. For example, in 2021, half of sub-Saharan African countries relied on external financing, such as grants and loans, for more than one-third of their health expenditures.

    Foreign aid has helped. But it clearly leaves African countries vulnerable to the political mood swings among funders.

    It also leads to loss of self-determination in terms of health priorities as, ultimately, the funder determines the health priorities. This is one reason why many programmes in Africa focus on a single disease, such as HIV. This leads to poorly integrated health services. For instance health workers or services are channelled into managing a single disease.

    New, underutilised financing options

    The current trajectory of reduced aid to Africa is likely to continue. Global aid is being directed to other challenges, such as conflict and illegal immigration.

    The continent cannot continue on the same path while hoping for different outcomes. Africa needs to grow a range of immediately available domestic financing options. Many of these are underutilised and include:

    1.) Diversifying domestic resource mobilisation. This should include commodity taxation to fund health. For instance, tobacco taxes which are currently underutilised in Africa.

    Zimbabwe offers a successful example. It has bridged donor resource gaps through its 3% Aids levy (started in 1999). Imposed on both individual and corporate incomes, it funds domestic HIV/Aids prevention, care and treatment programmes.

    Nigeria’s another country that’s taken initiative, prioritising domestic budget allocation to health. It recently absorbed the 28,000 healthworkers formerly paid by USAid. This demonstrates that domestic health financing in Africa is possible.

    2.) More private-public partnerships. Formed between local and international philanthropies or institutions, these can bridge financing gaps.

    One successful example is the 2015 health service provision partnership between the Kenyan government and GE Healthcare. GE Healthcare provides radiography equipment and services which the government pays for over time. This allows the government to budget and plan healthcare expenditure over several years.

    3.) Promotion of regional integration to boost local production. This will reduce the need for aid-funded imported medical products.

    For instance, the African Union’s harmonised Africa Medicines Authority registration facility creates a single continental market for medicines. This supports local producers and exporters, by allowing them to operate on a larger scale. It also makes production and distribution more cost-effective. Finally, it reduces the reliance on imported medicines, strengthening Africa’s pharmaceutical industry.

    4.) Leverage development finance institutions. These are specialised financial organisations – such as the Africa Development Bank, African Export-Import Bank and the Development Bank of Southern Africa. They can provide capital and expertise to projects deemed too risky for traditional investors. This includes support for health financing for infrastructure development, private sector development for small and medium-sized enterprises and the regional integration.

    One transformative initiative is the AfricInvest investment platform. With support from development finance institutions in the US and Europe, AfricInvest has raised over US$100 million for health investment in Africa. It has funded at least 45 dialysis facilities in Africa, delivering over 130,000 dialysis sessions annually, primarily to remote and underserved communities all at affordable costs.

    A combination of these approaches at national, regional and continental level will accelerate Africa’s withdrawal from aid dependency.

    – Africa relies too heavily on foreign aid for health – 4 ways to fix this
    – https://theconversation.com/africa-relies-too-heavily-on-foreign-aid-for-health-4-ways-to-fix-this-249886

    MIL OSI Africa –

  • MIL-OSI United Kingdom: New law to ban bonuses for polluting water bosses

    Source: United Kingdom – Government Statements

    Press release

    New law to ban bonuses for polluting water bosses

    The Water (Special Measures) Act 2025 has today received Royal Assent, boosting the powers of water sector regulators to tackle pollution.

    Major legislation to crack down on water bosses polluting Britain’s rivers, lakes and seas has today been signed into law in the most significant increase to enforcement powers in a decade.   

    The Water (Special Measures) Act 2025 will give regulators new powers to take tougher and faster action to crack down on water companies damaging the environment and failing their customers.  

    The Act delivers on the manifesto pledges to clean up the water sector, including increasing the ability of the Environment Agency to bring forward criminal charges against water executives who break the law. It will create new tougher penalties, including possible imprisonment, for water executives who obstruct investigations.   

    The new legislation will provide powers for Ofwat to ban the payment of bonuses to water bosses if they fail to meet high standards to protect the environment, their consumers, and their company’s finances.     

    Other measures in the Act include automatic penalties to allow regulators to issue penalties more quickly, without having to direct resources to lengthy investigations. It will also introduce independent monitoring of every sewage outlet, with water companies required to publish real-time data for all emergency overflows. Discharges will have to be reported within an hour of the initial spill.  

    Environment Secretary Steve Reed said:

    “We promised to put water companies under tough special measures to clean up our waterways. Today, the Government has delivered on that promise as we continue to deliver on our Plan for Change.       

    “Polluting water bosses will no longer be paid undeserved bonuses. And if they break the law over water pollution, they could end up in the dock and face prison time. 

    “This is just the beginning. The Independent Water Commission will report back later this year to shape new laws that will transform our water system so we can clean up our rivers, lakes, and seas for good.” 

    The Act introduces bold new measures to clean up the industry, including:   

    • Enhanced enforcement powers: The Environment Agency will have increased ability to bring criminal charges against water bosses who break the law, who could face tougher penalties such as imprisonment of executives when companies fail to cooperate or obstruct investigations. The cost recovery powers of regulators will be expanded to ensure that water companies bear the cost of enforcement action taken in response to their failings.  

    • Ban on bonuses: Ofwat will have the power to set rules prohibiting the payment of executive bonuses if companies fail to meet high standards in protecting the environment, their consumers, and financial resilience.  

    • Automatic penalties: Automatic penalties will be introduced for a range of offences, allowing regulators to issue penalties more quickly without redirecting resources to lengthy investigations.   

    • Independent monitoring: Every emergency sewage outlet will be monitored, with data independently scrutinised and made publicly available within an hour of sewage spills occurring. This will ensure transparency and direct further investment to improving sewage infrastructure.   

    • Pollution Incident Reduction Plans (PIRPs): Water companies in England will be required to publish annual Pollution Incident Reduction Plans and report regularly on their progress, enabling the public and regulators to hold companies accountable for reducing pollution incidents.   

    The Act marks a major milestone in the government’s long-term approach to tackling the systemic issues in the water sector – helping to meet the challenges of the future, such as climate change, and driving economic growth.   

    Further legislation aimed at fundamentally transforming how our entire water system operates will be guided by the findings of the Independent Water Commission, led by Sir Jon Cunliffe, which is currently conducting the largest review of the industry since privatisation.   

    Action taken so far 

    Immediate steps:   

    In his first week, the Secretary of State for Environment Food and Rural Affairs Steve Reed announced a series of initial steps towards ending the crisis in the water sector: 

    • After writing to Ofwat, the Secretary of State secured agreement that funding for vital infrastructure investment is ringfenced and can only be spent on upgrades benefiting customers and the environment not diverted for bonuses, dividends or salary increases.    

    • Water companies will place customers and the environment at the heart of their objectives. Companies have agreed to change their ‘Articles of Association’ – the rules governing each company – to make the interests of customers and the environment a primary objective.   

    • Consumers will gain new powers to hold water company bosses to account through powerful new customer panels. For the first time in history, customers will have the power to summon board members and hold water executives to account.   

    • Strengthen protection and compensation for households and businesses when their basic water services are affected. We have now doubled the compensation customers are legally entitled to when key standards are not met. The payments will also be triggered by a wider set of circumstances including Boil Water Notices.   

    Independent Commission:   

    • We have launched an Independent Commission into the water sector and its regulation, in what is expected to form the largest review of the industry since privatisation.  

    • Former Deputy Governor of the Bank of England, Jon Cunliffe, has been appointed as the chair of the Commission. With several decades of economic and regulatory experience, his appointment demonstrates the Government’s serious ambitions. The Commission will draw upon a panel of experts from across the regulatory, environment, health, engineering, customer, investor, and economic sectors.   

    • A set of recommendations will be delivered to the Defra Secretary of State, and Deputy First Minister and Cabinet Secretary for Climate Change and Rural Affairs.   

    • These recommendations will form the basis of further legislation to attract long-term investment and clean up our waters for good – injecting billions of pounds into the economy, speeding up delivery on infrastructure to support house building and addressing water scarcity, given the country needs to source an additional 5 billion litres of water a day by 2050.

    Further information:   

    Please see further details on the Water (Special Measures) Act here.

    Stakeholder quotes: 

    Alan Lovell, Chair of the Environment Agency, said:   

    “The passing into law of the Water (Special Measures) Act is a crucial step in making sure water companies take full responsibility for their impact on the environment.  

    “The increased regulatory powers introduced by this legislation will allow us to close the justice gap, deliver swifter enforcement action and ultimately deter illegal activity.   

    “Alongside these reforms, we are undertaking the biggest ever transformation to the way we regulate. By investing in additional resources, training and updated digital assets, we are ensuring the water system better meets the needs of both people and the environment, now and in the future.” 

    Huw Irranca-Davies, Wales’s Deputy First Minister for Wales with responsibility for Climate Change, said:  

    “Restoring our rivers and improving water quality is a key priority for us.  

    “We’ve been working in partnership with the UK Government to tackle pollution in our rivers, lakes, and seas, and to make sure the water industry is properly regulated.  

    “Today’s Royal Assent of the Special Measures Bill is another step forward and shows what we can achieve working together.” 

    Helen Campbell, Ofwat’s Senior Director for Sector Performance, said: 

    ‘’We welcome today’s Royal Assent of the Water (Special Measures) Act 2025, which provides a clear signal to create a water sector that delivers for all customers and the environment.   

    “The Act gives Ofwat new powers to set requirements for companies on remuneration and governance, including prohibiting performance-related executive pay. These rules are an important step towards rebuilding public trust within the water sector, while also prompting water companies to focus on delivering a change in their culture that better meets the expectations of their customers. 

    “We are working at pace to implement these new rules and intend to launch consultations on the final proposals later this year.” 

    Mike Keil, Chief Executive of the Consumer Council for Water (CCW), said: 

    “Repairing people’s fractured trust in the water sector requires not only a vast improvement in environmental performance, but also a sea change in water company culture so customers’ priorities are put before profit.  

    “It will take time to transform the water sector, but these new legal powers mark an important step in tackling two issues which make people’s blood boil – water company executives being rewarded for failure and pollution in our rivers, lakes, and seas.  

    “Water companies will be placing much bigger demands on billpayers’ finances over the next five years, so people have a right to expect far more for their money.” 

    Mark Lloyd, Rivers Trust CEO, said:   

    “The Water Special Measures Bill is a welcome first step from the government towards building a water system which restores nature, builds resilience to drought and flooding, and tackles the widespread issues of pollution.  

    “We welcome the improvements made to the bill in its passage through the Lords and the Government’s acceptance of amendments strengthening the environment duty of Ofwat and a greater emphasis on Nature Based Solutions.   

    “We are engaging closely with the current Independent Water Commission which we see as a once in a generation opportunity to take several more, and bolder steps towards a more integrated and catchment-based approach to managing water.” 

    “We welcome Royal Assent of the Water (Special Measures) Act 2025, an important step toward cleaning up the freshwater environment. Regulators must make decisive use of new enforcement powers wherever companies continue to pollute, and Ofwat should make the most of new financial disclosure rules to ensure that funds that ought to be spent cleaning up rivers are never again siphoned off for profit.  

    “As the Government has recognised, the Act is just a first step. It must be followed promptly by further legislation and action to clamp down on pollution and ramp up environmental investment across whole catchments and across all the sectors responsible for polluting our rivers.” 

    Ali Morse, Water Policy Manager at the Wildlife Trusts, said:  

    “It’s encouraging to see The Water (Special Measures) Act bringing welcome powers and resourcing for regulators, as well as protections for the environment, with additional sewage spill monitoring and a focus on reducing pollution. These are topics that customers really care about. It lays important groundwork for the future legislative changes which are vital to ensure that the water sector can achieve what it needs to in the interests of its customers, and the rivers, lakes, and seas which people cherish. 

    “The work of the Independent Water Commission offers a once in a generation opportunity to reshape the way that we secure the improvements our waters desperately need, across catchment and sectors, and we’ll continue to work with the Commission and Government to ensure that these vital changes are driven forward.” 

    Jamie Cook, Angling Trust CEO, said:  

    “We welcome the government’s early action on water pollution with this bill. The behaviour of water companies is a national scandal, and illegal sewage pollution must result in prosecutions.  

    “The Angling Trust’s network of water-testing volunteers regularly exposes horrendous pollution in waterways and damage done to fisheries. The Environment Agency must use its powers to prosecute any law-breaking water bosses and address any illegal sewage spills uncovered in its long-standing investigation into potential permit breaches.  

    “This bill is a first step toward cleaning up waterways and fixing the regulatory system. The Independent Water Commission must now drive systemic reform, leading to a stronger water bill later in this Parliament—one that transforms water management and safeguards rivers, lakes, seas, and the fish that depend on them.” 

    Ben Seal, Head of Access and Environment at Paddle UK, said: 

    “Paddle UK and The Clean Water Sports Alliance welcomes the Water (Special Measures) Act receiving Royal Assent today. This legislation is a shot across the bows of polluting companies. Banning bonuses for failures and issuing tougher penalties is a very welcome first step by the Government – a down payment on the promised future reform that our broken system so desperately needs” 

    “Enjoying time in, on, or alongside water is vitally important in supporting the health and wellbeing of millions of people. Our community has campaigned tirelessly to raise awareness of the impact pollution is having on both people and nature. We will be watching closely to ensure that these new powers are used to their fullest, to hold polluters to account and begin to restore our precious blue spaces”. 

    Updates to this page

    Published 24 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI: QCR Holdings, Inc. Announces CEO Retirement and Executive Transition

    Source: GlobeNewswire (MIL-OSI)

    MOLINE, Ill., Feb. 24, 2025 (GLOBE NEWSWIRE) — QCR Holdings, Inc. (NASDAQ: QCRH) (“QCR Holdings” or the “Company”), today announced that, effective immediately following the annual stockholders meeting on May 22, 2025, Larry J. Helling will retire from his role as Chief Executive Officer of the Company and of Cedar Rapids Bank and Trust Company, one of the Company’s wholly-owned bank subsidiaries. Additionally, Mr. Helling will also retire at that time from the boards of directors of the Company and Cedar Rapids Bank and Trust Company. Upon Mr. Helling’s retirement, Todd A. Gipple, the Company’s current President and Chief Financial Officer, will become President and Chief Executive Officer of the Company. Additionally, Nick W. Anderson, the Company’s current Senior Vice President and Chief Accounting Officer, will become the Company’s Chief Financial Officer upon Mr. Gipple’s move to Chief Executive Officer.

    “We were extremely fortunate to have Larry’s leadership as CEO over the past 6 years. Larry joined the organization in 2001 with the formation of Cedar Rapids Bank and Trust Company and became CEO of the Company in 2019. Larry has left an indelible mark on the entire organization,” remarked Marie Ziegler, Chair of QCR Holdings. “Larry’s focus on our clients, shareholders and employees through his emphasis on local control of our banking subsidiaries has been critical in guiding us through the past several years, which included the pandemic and the unique inflationary economic environment. We appreciate Larry’s dedication to the organization and working with the board to implement a seamless succession. We congratulate Larry on his impressive career and look forward to his continued friendship during his well-earned retirement.”

    “It’s been an honor to serve at QCR Holdings and its banking subsidiaries for more than two decades. I have been fortunate to see the positive impacts that our company has had on the communities we serve. We are a relationship-driven organization, and that is reflected in our talented employees, who work diligently to make a positive difference for our clients,” commented Mr. Helling. “Our growth and success in recent years have been possible because of Todd’s leadership and exceptional ability to work with others. I leave knowing that the organization will continue to be guided by a strong leader who embraces our culture.”

    Mr. Gipple has served as the Company’s Chief Financial Officer since 2000, when he transitioned from a successful public accounting career. Through his years in the organization, Mr. Gipple has served in other capacities, including Chief Operating Officer, President and, since 2009, as a director of the Company, in addition to serving on the boards of the Company’s various banking subsidiaries. Mr. Gipple also is an active community leader in the Quad Cities and has served on the Board of Directors and Executive Committees of several local organizations during his 40 years in the community. He currently serves on the Board of Directors of The John Deere Classic and is Past-Chair and a current member of the Executive Committee of the Board of Directors for the YMCA of the Iowa Mississippi Valley.   “I’m honored to take on the CEO role of our company following our annual meeting in May,” said Mr. Gipple. “I have been fortunate to work with Larry since he joined QCR Holdings in 2001 when he founded Cedar Rapids Bank and Trust Company, and I have enjoyed working closely with him the past six years as he has led our company as CEO. It has been very rewarding to be a part of the company’s success the past 25 years. I look forward to continuing that success by retaining our local community banking model that keeps us focused on exceeding the expectations of our clients, creating stronger communities, and sustaining our top-tier financial performance. This focus has served us well throughout the history of our company and has created long-term value for our shareholders.”  

    Mr. Anderson, an Illinois native and graduate of Western Illinois University, is a Certified Public Accountant. Mr. Anderson began his banking career as a teller while working his way through college. Since late 2019, he has served as Chief Accounting Officer of the Company, overseeing all of the Company’s internal and external financial reporting. He also is actively involved in his community and currently serves as the Vice President of Project Renewal of Davenport, Inc., which provides educational, recreational, and social activities for children during the school year and summer. “I have had the pleasure of working closely with Nick for over 20 years and I am fully confident that his transition into the Chief Financial Officer role will be seamless,” said Mr. Gipple. “He has the trust of the board and the executive management team and will do an excellent job overseeing the financial responsibilities at the Company while continuing to be an important part of communicating our successful story with shareholders and other constituencies.”

    Mr. Helling’s retirement and Messrs. Gipple’s and Anderson’s appointments will be effective immediately following the Company’s annual stockholder meeting, scheduled to be held on May 22, 2025.

    About Us

    QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny, and Springfield communities through its wholly owned subsidiary banks. The banks provide full-service commercial and consumer banking and trust and wealth management services. Quad City Bank & Trust Company, based in Bettendorf, Iowa, commenced operations in 1994; Cedar Rapids Bank & Trust Company, based in Cedar Rapids, Iowa, commenced operations in 2001; Community State Bank, based in Ankeny, Iowa, was acquired by the Company in 2016; Springfield First Community Bank, based in Springfield, Missouri, was acquired by the Company in 2018, and Guaranty Bank, also based in Springfield, Missouri, was acquired by the Company and merged with Springfield First Community Bank in 2022, with the combined entity operating under the Guaranty Bank name. Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company. Quad City Bank & Trust Company offers equipment loans and leases to businesses through its wholly owned subsidiary, m2 Equipment Finance, LLC, based in Waukesha, Wisconsin, and provides correspondent banking services. The Company has 36 locations in Iowa, Missouri, Wisconsin, and Illinois. As of December 31, 2024, the Company had $9.0 billion in assets, $6.7 billion in loans, and $7.1 billion in deposits. For additional information, please visit the Company’s website at www.qcrh.com.

    PRESS CONTACT:
    Cari Henson
    VP, Corporate Communications Manager
    309.277.2668 | chenson@qcrh.com

    The MIL Network –

  • MIL-OSI: Capital Bancorp, Inc. Completes Operational Conversion of Integrated Financial Holdings, Inc.

    Source: GlobeNewswire (MIL-OSI)

    ROCKVILLE, Md., Feb. 24, 2025 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (“CBNK”) announced that it had completed the conversion of Integrated Financial Holdings, Inc. (“IFH”) into its operations and systems. This conversion integrates IFH customer accounts into CBNK’s products and services.

    West Town Bank & Trust and Windsor Advantage previously operated as subsidiaries of IFH. In connection with the merger completed on October 1, 2024, West Town Bank & Trust merged with and into Capital Bank, N.A. and Windsor Advantage became a subsidiary of Capital Bancorp, Inc.

    “While Capital and IFH have already been effectively operating as one company, this conversion marks a major milestone,” said Ed Barry, Chief Executive Officer of CBNK. “Now that the conversion is complete, we are well positioned to better serve our customers and continue to execute on the meaningful synergies that we expect to accrue in the merger.”

    CBNK completed the conversion between the close of business on February 21st and reopening on February 24th. IFH customers – including customers of its North Riverside, IL branch – now have access to a wide selection of CBNK products and services. In addition, they can bank at any CBNK location, through digital banking or ATM. In connection with the merger, CBNK also anticipates opening a branch in Raleigh, NC on March 3, 2025.

    Information about the conversion and transition to CBNK was mailed to these customers on October 1, 2024. Since then, we have maintained ongoing communications to support a smooth transition.

    ABOUT CAPITAL BANCORP, INC.

    Capital Bancorp, Inc., Rockville, Maryland is a registered bank holding company incorporated under the laws of Maryland. Capital Bancorp has been providing financial services since 1999 and now operates bank branches in six locations including Washington D.C., Reston, VA, Ft. Lauderdale, FL, Rockville, MD, Columbia, MD and N. Riverside, IL. Capital Bancorp had assets of approximately $3.2 billion at December 31, 2024 and its common stock is traded in the NASDAQ Global Market under the symbol “CBNK.” More information can be found at the Company’s website www.CapitalBankMD.com under its Investor Relations page.

    Capital Bank, N.A.
    Media Contact:
    Bryon Stevens
    Investor Relations
    Email: bstevens@capitalbankmd.com

    The MIL Network –

  • MIL-OSI: Drugs Made in America Acquisition Corp. Announces Advisory Team

    Source: GlobeNewswire (MIL-OSI)

    Fort Lauderdale, FL, Feb. 24, 2025 (GLOBE NEWSWIRE) —  Drugs Made in America Acquisition Corp. (Nasdaq: DMAAU), (the “Company”) today announced the formation of an advisory team to lead its effort towards acquiring a well-managed, revenue generating business for the foundation and development of “End to End production, manufacturing and distribution, for the Drugs Made In America Platform”.  Under the direction of Lynn Stockwell, Chief Executive Officer of DMAAU, the advisory team will proactively pursue the deliverable of a business or combinations that seeks to become a new competitive cost producer of drugs made in America. Onboarding production back to the USA creates jobs, mitigates national security risks and will ensure the American people will have clean, pure, cost-efficient medications through a resilient supply chain made in America.

    The advisory team includes Charles C. Conaway who is chairman of The Sabre group, a private capital business which has operated, acquired & originated a variety of businesses in the health, consumer and other segments.   Mr. Conaway has led and served on the Board of a variety of organizations, including Fortune 100 companies as President of CVS Corporation, where he led the successful restructuring to create CVS as a stand-alone public company.  Mr. Conaway was one of the lead architects in transforming CVS from a large retailer to one of largest health care companies in the U.S.

    The team also includes Paul J. Mastronardi and Edward A. Robinson.

    Mr. Mastronardi is a third-generation greenhouse grower and distributor in the North American market. He was recognized as a Top 10 Under 40 honoree by Greenhouse Canada in 2017 and as a Top 40 Under 40 honoree by Produce Business in 2024. Paul also serves on multiple boards across various industries and brings extensive experience in developing businesses.

    Mr. Robinson is the former Chief Executive Officer of BMW Financial Services N.A. He was responsible for the America’s Region, which included BMW Bank, an Industrial Loan Corporation in Salt Lake City, Utah. Since retiring from BMW, Mr. Robinson has acted as a consultant on a wide range of businesses including public and private entities.

    The team will leverage resources and networks for efficient outreach to commence immediately. The effort will be focused on creating proprietary transaction opportunities. The Company believe personal relationships built over time are critical not just in generating transaction opportunities, but also in consummating a business combination.

    About Drugs Made In America Acquisition Corp.

    The Company is a blank check company incorporated in the Cayman Islands as an exempted company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. It has not selected any specific business combination target and has not, nor has anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination. While the Company may pursue a business combination target in any business, industry or geographical location, it intends to focus its search for businesses in the pharmaceutical industry. The Company believes that it is possible to mitigate risks in the U.S. medical supply chain by investing in companies that will reduce America’s overreliance on production of pharmaceuticals from concentrated geographic regions through investments in strategic on-shoring of advanced domestic manufacturing technologies for critical drugs.

    Contact Information

    Drugs Made In America Acquisition Corp.
    1 East Broward Boulevard, Suite 700
    Fort Lauderdale, FL 33301

    Lynn Stockwell

    Chief Executive Officer and Executive Chair
    Email: lynn@dmaacorp.com
    Phone: (954) 870-3099

    Forward-Looking Statements

    This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related preliminary prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov.

    The MIL Network –

  • MIL-OSI Global: The quest to extend human life is both fascinating and fraught with moral peril

    Source: The Conversation – USA – By Richard Gunderman, Chancellor’s Professor of Medicine, Liberal Arts, and Philanthropy, Indiana University

    Tech entrepreneur Bryan Johnson has made it his life’s mission to delay aging and death. Netflix

    “Who wants to live forever?” Freddie Mercury mournfully asks in Queen’s 1986 song of the same name.

    The answer: Quite a few people – so much so that life extension has long been a cottage industry.

    As a physician and scholar in the medical humanities, I’ve found the quest to expand the human lifespan both fascinating and fraught with moral peril.

    During the 1970s and 80s, for example, The Merv Griffin Show featured one guest 32 times – life extension expert Durk Pearson, who generated more fan mail than any guest except Elizabeth Taylor. In 1982, he and his partner, Sandy Shaw, published the book “Life Extension: A Practical Scientific Approach,” which became a No. 1 New York Times bestseller and sold over 2 million copies. One specific recommendation involved taking choline and vitamin B5 in order to reduce cognitive decline, combat high blood pressure and reduce the buildup of toxic metabolic byproducts.

    Last year, Pearson died at 82, and Shaw died in 2022 at 79.

    The 1982 book by Durk Pearson and Sandy Shaw, ‘Life Extension: A Practical Scientific Approach,’ has sold millions of copies.
    Amazon

    No one can say for sure whether these life extension experts died sooner or later than they would have had they eschewed many of these supplements and instead simply exercised and ate a balanced diet. But I can say that they did not live much longer than many similarly well-off people in their cohort.

    Still, their dream of staying forever young is alive and well.

    Consider tech entrepreneur Bryan Johnson’s “Project Blueprint,” a life-extension effort that inspired the 2025 Netflix documentary “Don’t Die: The Man Who Wants to Live Forever.” His program has included building a home laboratory, taking more than 100 pills each day and undergoing blood plasma transfusions, at least one of which came from his son.

    And Johnson is not alone. Among the big names investing big bucks to prolong their lives are Amazon founder Jeff Bezos, Google founders Sergei Brin and Larry Page, and Oracle’s Larry Ellison. One approach involves taking senolytics – drugs that target cells that may drive the aging process, though more research is needed to determine their safety and efficacy. Another is human growth hormone, which has long been touted as an anti-aging mechanism in ad campaigns that feature remarkably fit older people. (“How does this 69-year-old doctor have the body of a 30-year-old?” reads one web ad).

    These billionaires may reason that, because of their wealth, they have more to live for than ordinary folks. They may also share more prosaic motivations, such as a fear of growing old and dying.

    But underlying such desires is an equally important ethical – and, for some, spiritual – reality.

    Quality versus quantity

    Is it a good thing, morally speaking, to wish to live forever? Might there be aspects of aging and even death that are both good for the world and good for individuals?

    Cicero’s “On Aging” offers some insights. In fact, the ancient Roman statesman and philosopher noted that writing about it helped him to find peace with the vexations of growing old.

    In the text, Cicero outlines and responds to four common complaints about aging: It takes us away from managing our affairs, impairs bodily vigor, deprives us of sensual gratifications and brings us to the verge of death.

    To the charge that aging takes us away from managing our affairs, Cicero asks us to imagine a ship. Only the young climb the masts, run to and fro on the gangways, and bail the hold. But it is among the older and more experienced members of the crew that we find the captain who commands the ship. Rome’s supreme council was called the Senate, from the Latin for “elder,” and it is to those rich in years that we look most often for wisdom.

    Cicero was keen to distinguish between quantity and quality of life.
    Crisfotolux/iStock via Getty Images Plus

    As to whether aging impairs bodily vigor, Cicero claimed that strength and speed are less related to age than discipline. Many older people who take care of themselves are in better shape than the young, and he gives examples of people who maintained their vigor well into their later years. He argued that those who remain physically fit do a great deal to sustain their mental powers, a notion supported by modern science.

    Cicero reminds readers that these same pleasures of eating and drinking often lead people astray. Instead, people, as they age, can better appreciate the pleasures of mind and character. A great dinner becomes characterized less by what’s on the plate or the attractiveness of a dining partner than the quality of conversation and fellowship.

    While death remains an inevitable consequence of aging, Cicero distinguishes between quality and quantity of life. He writes that it is better to live well than to live long, and for those who are living well, death appears as natural as birth. Those who want to live forever have forgotten their place in the cosmos, which does not revolve around any single person or even species.

    Those of a more spiritual bent might find themselves drawn to the Scottish poet George MacDonald, who wrote: “Age is not all decay; it is the ripening, the swelling of the fresh life within, that withers and bursts the husk.”

    Embracing the circle of life

    What if the dreams of the life extension gurus were realized? Would the world be a better place?

    Would the extra good that a longer-lived Einstein could have accomplished be balanced or even exceeded by the harm of a Stalin who remained healthy and vigorous for decades beyond his death?

    At some point, preserving indefinitely the lives of those now living would mean less room for those who do not yet exist.

    Pearson and Shaw appeared on many other television programs in the 1970s and 1980s. During one such segment on “The Mike Douglas Show,” Pearson declared: “By the time you are 60, your immune function is perhaps one-fifth what it was when you were younger. Yet you can achieve a remarkable restoration simply by taking nutrients that you can get at a pharmacy or health food store.”

    For Pearson, life extension was a biomedical challenge, an effort more centered on engineering the self rather than the world.

    Despite making a living as life extension gurus, Durk Pearson, right, and Sandy Shaw didn’t live much longer than most Americans.

    Yet I would argue that the real challenge in human life is not to live longer, but to help others; adding extra years should be seen not as the goal but a byproduct of the pursuit of goodness.

    In the words of Susan B. Anthony: “The older I get, the greater power I seem to have to help the world; I am like a snowball – the further I am rolled, the more I gain.”

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

    – ref. The quest to extend human life is both fascinating and fraught with moral peril – https://theconversation.com/the-quest-to-extend-human-life-is-both-fascinating-and-fraught-with-moral-peril-249430

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