Category: Business

  • MIL-OSI USA: Building Affordable Housing in East New York, Brooklyn

    Source: US State of New York

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    The multi-phase program will ultimately include a total of nearly 2,000 affordable apartments in 10 buildings. It will also feature community space with childcare, senior services, workforce development, and a new performing arts center. New streets are being added as an extension of the existing neighborhood street grid to maximize walkability through interconnected pedestrian routes and three acres of publicly accessible open space.

    The City of New York approved the rezoning of the project site to accommodate the redevelopment.

    Innovative Urban Village is supported by HCR’s Low-Income Housing Tax Credit program which is expected to generate more than $115 million in equity and $47 million from its Housing Finance Agency. Additional support includes $47 million from the New York City Department of Housing Preservation and Development’s Extremely Low- and Low-Income Affordability Program. The project is also supported by the Urban Investment Group at Goldman Sachs Alternatives.

    The site is participating in the New York State Department of Environmental Conservation’s successful Brownfield Cleanup Program and, when completed, would be eligible for $28 million in tax credits administered by the New York State Department of Taxation and Finance. Operating funding for the supportive apartments will be provided by the Empire State Supportive Housing Initiative administered by the New York State Office of Temporary and Disability Assistance.

    Today’s announcement also builds on Governor Hochul and Mayor Adams’ “City of Yes” plan to create thousands of new homes across the city and develop more family-friendly neighborhoods from Coney Island to Inwood.

    New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, “We’re excited to be part of the holistic transformation occurring in East New York and we believe our $162 million investment in Innovative Urban Village will benefit this neighborhood and 385 households for years to come. I am grateful to Governor Hochul and the City of New York, Christian Cultural Center, Gotham Organization, Monadnock, and all our partners for their vision and dedication to making this project possible.”

    New York State Office of Temporary and Disability Assistance Commissioner Barbara C. Guinn said, “The permanent supportive housing that will be created at Innovative Urban Village will provide individuals and families who have experienced homelessness with a place to call home along with onsite access to essential support services that will help them remain stably housed for years to come. We are grateful to all our state and local partners on this important project and to Governor Hochul for making landmark investments to expand the supply of affordable and supportive housing across New York State.”

    New York State Department of Environmental Conservation Commissioner Amanda Lefton said, “Cleaning up environmental pollution in communities like Brooklyn unlocks investments in critical needs like affordable housing, transitional housing services, and community spaces. New York State’s Brownfield Cleanup Program is a vital tool that supports community revitalization across the state and the Innovative Urban Village project in East New York is a prime example of how this successful cleanup program is helping advance Governor Hochul’s continued efforts to increase affordable, sustainable housing statewide while also protecting public health and the environment.”

    “This project is helping us fight the housing affordability crisis while also prioritizing improvements that will make the neighborhood more livable for families.”

    Governor Kathy Hochul

    New York City Department of Housing Preservation and Development Acting Commissioner Ahmed Tigani said, “Projects like Innovative Urban Village represent more than the construction of housing — they breathe life into a promise made to the people of Brooklyn and to our city: that development can be rooted in equity, shaped by community, and guided by care. Phase 1A is just one piece of a larger vision that spans multiple mixed-use buildings with community amenities and nearly 2,000 homes, including supportive housing for New Yorkers transitioning out of homelessness.”

    New York City Department of City Planning Director Dan Garodnick said, “Innovative Urban Village is a fantastic example of how smart planning can support families at every stage of life. Delivering income-restricted affordable housing alongside childcare, senior services, pedestrian-friendly streets, open space, and more, this future gem of East New York will serve as a model for vibrant neighborhoods across the city.”

    New York City Housing Development Corporation President Eric Enderlin said, “HDC is proud to support this dynamic, multi-phased project that will provide much-needed affordable housing for low-income and formerly homeless New Yorkers. In addition to brand-new affordable homes, Innovative Urban Village will deliver commercial and community facility space that will benefit the broader East New York neighborhood for years to come. Congratulations to all our partners on reaching this latest milestone.”

    Senator Kirsten Gillibrand said, “New Yorkers deserve access to affordable, secure, and modern housing. This development will help revitalize Christian Cultural Center’s campus, deliver critical support services for our most vulnerable, and bring another much-needed grocery store to East New York. I look forward to seeing the positive impact this project will have and will keep fighting for federal funding to expand affordable housing in our state and across the country.”

    House Democratic Leader Hakeem Jeffries said, “Here in America, when you work hard and play by the rules, you should be able to afford the good life. At the center of that life is a safe, affordable place to live, but for far too many New Yorkers, that reality is out of reach. I’m grateful to Governor Kathy Hochul, Pastor AR Bernard and their development partners for breaking ground on the Innovative Urban Village in the Christian Cultural Center’s campus, which will provide safe, sustainable and affordable housing for hundreds of Brooklyn families that I am privileged to represent.”

    State Senator Roxanne J. Persaud said, “The second construction phase of the Innovative Urban Village is a tremendous opportunity to provide more than four hundred affordable homes in East New York. This project not only helps address the housing deficiencies but also promotes equitable and sustainable living for our community for generations to come. I am excited for the future of our community.”

    Brooklyn Borough President Antonio Reynoso said, “When we build affordable housing alongside essential resources like access to fresh food, we’re investing in health, dignity, and opportunity. I applaud Governor Hochul and NYS Homes and Community Renewal for making this vision a reality in East New York and for setting a powerful example of what affordable housing looks like when it is rooted in community and equity.”

    New York City Council Member Farah N. Louis said, “Since taking office, I fought to ensure that our city would meaningfully partner with our clergy to bring much-needed affordable housing capital to Central Brooklyn. I have worked in lockstep with Reverend A.R. Bernard to advocate for this vision, and I applaud Governor Hochul and her administration for advancing this transformative project across the finish line to uplift the East New York community. I believe this project will provide opportunities for the next generation, and I look forward to seeing this visionary leadership, community partnership, and shared values project create lasting change for Brooklyn and our city.”

    New York City Council Member Chris Banks said, “The Innovative Urban Village redevelopment project on the Christian Cultural Center campus is set to be a transformative investment in the 42nd Council District. I’m proud to partner on a project that delivers truly affordable housing. This is how we build and sustain neighborhoods for generations and how we begin to build Black and Brown generational wealth in real, tangible ways.”

    Christian Cultural Center Senior Pastor Rev A. R. Bernard said, “It’s incredible to stand alongside each of the partners, elected officials and community members that worked together to make Innovative Urban Village a reality. We are confident that the ripple effects of this dynamic mixed-income community will be felt far beyond East New York, setting an example for all of New York to follow.”

    Embedded Flickr Album

    Gotham Organization CEO David L. Picket said, “Today’s groundbreaking is a defining moment for Gotham and for the city my family has called home for over a century. Innovative Urban Village reflects our core values as a company—delivering high-quality housing that meets the needs of real New Yorkers while strengthening the fabric of our neighborhoods. IUV is the result of vision, partnership, and perseverance, and we’re proud to work with our partners in bringing it to life. It’s a powerful example of what can happen when the public and private sectors come together with purpose.”

    Gotham Organization President of Development Bryan Kelly said, “This moment is the result of years of dedicated collaboration with our partners, community leaders, and city agencies. We’re creating a neighborhood that prioritizes affordability, sustainability, and opportunity for all. At Gotham, we believe deeply in the power of thoughtfully planned development to uplift communities, and together with our partners and local stakeholders, have envisioned Innovative Urban Village to set a new standard for future housing developments. This is a meaningful step toward a more inclusive and equitable New York City.”

    Monadnock Development President Kirk Goodrich said, “Innovative Urban Village is about Pastor Bernard, Gotham and Monadnock deciding to see people in need rather than simply housing units. Our collective focus is on transforming lives and communities. I am proud of what we are doing and excited to see the impact the completed vision will have.”

    Urban Resource Institute CEO Nathaniel Fields said, “For over 40 years, Urban Resource Institute — the nation’s largest provider of shelter and support services — has been a leader in trauma-informed care for survivors of domestic violence and those facing housing insecurities. At the Innovative Urban Village, we are not just offering housing — we are delivering the full strength of our wraparound services to help residents heal and rebuild. From safety planning and legal advocacy to economic empowerment, we meet survivors where they are and walk with them toward lasting stability. This project is a bold step toward URI’s mission to end the cycles of violence, homelessness, and poverty — and creating a future where survivors don’t just survive but thrive.”

    Practice for Architecture and Urbanism Founder and Creative Director Vishaan Chakrabarti said, “More than a decade in the making, this project has been a true labor of love. It’s about taking an underutilized urban space and creating an inclusive community that offers dignity, stability, and a sense of home for New Yorkers across a broad range of incomes. Seeing it come to life is deeply meaningful.”

    Goldman Sachs Alternatives Urban Investment Group Chair Asahi Pompey said, “Goldman Sachs sees Innovative Urban Village as more than just bricks and mortar. Our investment is a down payment on East New York’s potential, creating thousands of high-quality, affordable homes and essential services that will fuel the economic vitality of the community.”

    J.P. Morgan Community Development Banking Executive Director Jane Silverman said, “We are honored to be part of the Innovative Urban Village Phase 1B project, a transformative development that embodies the spirit of community and collaboration. This project is a testament to what can be achieved when the public and private sectors unite. At J.P. Morgan, our commitment to Brooklyn and its residents runs deep, and we’re proud to support the creation of affordable housing that will serve as the foundation for a thriving community in East New York.”

    Governor Hochul’s Housing Agenda
    Governor Hochul is dedicated to addressing New York’s housing crisis and making the State more affordable and more livable for all New Yorkers. As part of the FY25 Enacted Budget, the Governor secured a landmark agreement to increase New York’s housing supply through new tax incentives, capital funding, and new protections for renters and homeowners. Building on this commitment, the FY26 Enacted Budget includes more than $1.5 billion in new State funding for housing, a Housing Access Voucher pilot program, and new policies to improve affordability for tenants and homebuyers. These measures complement the Governor’s five-year, $25 billion Housing Plan, included in the FY23 Enacted Budget, to create or preserve 100,000 affordable homes statewide, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes. More than 60,000 homes have been created or preserved to date.

    The FY25 and FY26 Enacted Budgets also strengthened the Governor’s Pro-Housing Community Program — which allows certified localities exclusive access to up to $750 million in discretionary State funding. Currently, more than 300 communities have received Pro-Housing certification, including the city of New York.

    MIL OSI USA News

  • MIL-OSI Submissions: How to give children the freedom to play all across the city – not just in playgrounds

    Source: The Conversation – UK – By Michael Martin, Lecturer in Urban Design and Planning, University of Sheffield

    Co-created play space with children and the community, Via Val Lagarina Milan. Milan municipality

    Children play everywhere. Yet their right to play – protected by a UN convention – is constantly challenged by adults.

    Play is crucial to support children’s holistic development in cognitive, emotional, physical and social skills. Likewise, we know children’s environments significantly influence their health and wellbeing, for better or worse.

    But across cities, young people are let down by a built environment that fails to appropriately consider their needs.

    Places where children commonly used to play, such as streets and local neighbourhoods, have been transformed into car-only spaces where traffic and parking take priority. Likewise, city spaces frequently “design out” children by prohibiting skateboarding, ball games and other kinds of play.

    Over time, urban planning has confined children’s opportunities for play to dedicated playground spaces only.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    However, children don’t have equal access to these formal play spaces. In the largest study of playgrounds in England, my colleagues and I found substantial inequalities in access to play. Children in the most deprived areas needed to travel further to their nearest playground.

    In new research, I’ve explored four international examples of how children and play can be promoted in less likely urban spaces. My findings show how play can be promoted in cities to support children’s right to play anywhere – but also that there is widespread hostility to children’s right to use urban spaces for play.

    Power of play

    In Sydney, a pedal park installation with temporary jumps, ramps and a pump track was set up in different car parks for the duration of the winter. In Paris, a play street was created in central Paris by closing road traffic on Friday afternoons in autumn and spring.

    In Belfast, temporary play equipment and playful street furniture was set up in the Cathedral Gardens public space.

    Cathedral Gardens pop-up play space in Belfast meaningfully encourages children to use the city.
    Park Hood Ltd.

    In Milan, a community-led design involved children in creating a colourful grid, planters, growing beds and games in a school car park, which went on to inspire a new municipal programme of temporary school streets and piazzas.

    These play spaces allowed children to play freely, play with objects, play pretend, play games with rules, and play physically – the core pillars of play. What’s more, they enabled children to develop new connections with their community by appropriating urban spaces to promote relaxation and fun. This was vital following the trauma of the global pandemic – all the projects were active during COVID-19 outside of lockdown.

    Intergenerational encounters at the weekly play street in the 3rd District of Paris.
    Rue’golotte

    These short-term projects invited children to enjoy urban life in new ways. In fact, they bolstered civic access for people of all generations. In Sydney, the closure of the car park fostered a new sense of community. Caregivers, grandparents and residents were able to connect with each other in a whole different setting.

    Children in Sydney play freely in a ‘pop-up pedal park’ created in a public car park.
    Randwick City Council

    Politics of play

    But despite the positives, over time, the projects faced protest and tension. In Milan, fears from residents emerged on play being used as a tool to displace poorer communities. This was in response to the area having long been earmarked for regeneration. In Sydney, Paris and Belfast, people actively targeted and sabotaged the informal play spaces.

    In Sydney, to park their cars, older citizens successfully lobbied local councillors to reduce the total amount of space for play, from the entire car park to one aisle of parking. In Paris, local businesses were exasperated by the presence of children. Collectively they threatened project initiators and staged a protest, claiming that “play streets kill local shops”. In Belfast, the pop-up play space was set on fire, multiple times. By summer 2022, much of the park had been destroyed.

    Destruction and criminal damage of the Cathedral Gardens play space in Belfast.
    Author

    The outcomes demonstrate the politics that children, and their play, were exposed to. Because of a range of aggressive behaviour from adults, children’s use of streets and public spaces were consistently restricted. A common statement from dissenters was “children can go elsewhere”. The reality is they can’t.

    In tracking informal play projects through the pandemic and subsequent years, two additional factors hampered their longer-term success. For the council projects in Sydney and Belfast, council officers hoped to direct more resources to urban play, but the lack of a specific local policy to support play was a significant constraint. By comparison, the community projects in Paris and Milan placed an unsustainable pressure on volunteers to ensure prolonged success.

    Lessons from previous crises highlight how tensions and conflict can affect innovative uses of space, often diluting their progressive purpose. Ultimately, children’s play in recovery from the pandemic experienced a similar fate.

    This is worrying because Unicef research has shown children’s wellbeing has continued to suffer after COVID-19.

    Places that allow for children’s play can create dynamic neighbourhoods, intergenerational encounters, and meaningful participation in urban spaces – if only we let it happen.

    Michael Martin 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. How to give children the freedom to play all across the city – not just in playgrounds – https://theconversation.com/how-to-give-children-the-freedom-to-play-all-across-the-city-not-just-in-playgrounds-260444

    MIL OSI

  • MIL-OSI Analysis: How to give children the freedom to play all across the city – not just in playgrounds

    Source: The Conversation – UK – By Michael Martin, Lecturer in Urban Design and Planning, University of Sheffield

    Co-created play space with children and the community, Via Val Lagarina Milan. Milan municipality

    Children play everywhere. Yet their right to play – protected by a UN convention – is constantly challenged by adults.

    Play is crucial to support children’s holistic development in cognitive, emotional, physical and social skills. Likewise, we know children’s environments significantly influence their health and wellbeing, for better or worse.

    But across cities, young people are let down by a built environment that fails to appropriately consider their needs.

    Places where children commonly used to play, such as streets and local neighbourhoods, have been transformed into car-only spaces where traffic and parking take priority. Likewise, city spaces frequently “design out” children by prohibiting skateboarding, ball games and other kinds of play.

    Over time, urban planning has confined children’s opportunities for play to dedicated playground spaces only.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    However, children don’t have equal access to these formal play spaces. In the largest study of playgrounds in England, my colleagues and I found substantial inequalities in access to play. Children in the most deprived areas needed to travel further to their nearest playground.

    In new research, I’ve explored four international examples of how children and play can be promoted in less likely urban spaces. My findings show how play can be promoted in cities to support children’s right to play anywhere – but also that there is widespread hostility to children’s right to use urban spaces for play.

    Power of play

    In Sydney, a pedal park installation with temporary jumps, ramps and a pump track was set up in different car parks for the duration of the winter. In Paris, a play street was created in central Paris by closing road traffic on Friday afternoons in autumn and spring.

    In Belfast, temporary play equipment and playful street furniture was set up in the Cathedral Gardens public space.

    Cathedral Gardens pop-up play space in Belfast meaningfully encourages children to use the city.
    Park Hood Ltd.

    In Milan, a community-led design involved children in creating a colourful grid, planters, growing beds and games in a school car park, which went on to inspire a new municipal programme of temporary school streets and piazzas.

    These play spaces allowed children to play freely, play with objects, play pretend, play games with rules, and play physically – the core pillars of play. What’s more, they enabled children to develop new connections with their community by appropriating urban spaces to promote relaxation and fun. This was vital following the trauma of the global pandemic – all the projects were active during COVID-19 outside of lockdown.

    Intergenerational encounters at the weekly play street in the 3rd District of Paris.
    Rue’golotte

    These short-term projects invited children to enjoy urban life in new ways. In fact, they bolstered civic access for people of all generations. In Sydney, the closure of the car park fostered a new sense of community. Caregivers, grandparents and residents were able to connect with each other in a whole different setting.

    Children in Sydney play freely in a ‘pop-up pedal park’ created in a public car park.
    Randwick City Council

    Politics of play

    But despite the positives, over time, the projects faced protest and tension. In Milan, fears from residents emerged on play being used as a tool to displace poorer communities. This was in response to the area having long been earmarked for regeneration. In Sydney, Paris and Belfast, people actively targeted and sabotaged the informal play spaces.

    In Sydney, to park their cars, older citizens successfully lobbied local councillors to reduce the total amount of space for play, from the entire car park to one aisle of parking. In Paris, local businesses were exasperated by the presence of children. Collectively they threatened project initiators and staged a protest, claiming that “play streets kill local shops”. In Belfast, the pop-up play space was set on fire, multiple times. By summer 2022, much of the park had been destroyed.

    Destruction and criminal damage of the Cathedral Gardens play space in Belfast.
    Author

    The outcomes demonstrate the politics that children, and their play, were exposed to. Because of a range of aggressive behaviour from adults, children’s use of streets and public spaces were consistently restricted. A common statement from dissenters was “children can go elsewhere”. The reality is they can’t.

    In tracking informal play projects through the pandemic and subsequent years, two additional factors hampered their longer-term success. For the council projects in Sydney and Belfast, council officers hoped to direct more resources to urban play, but the lack of a specific local policy to support play was a significant constraint. By comparison, the community projects in Paris and Milan placed an unsustainable pressure on volunteers to ensure prolonged success.

    Lessons from previous crises highlight how tensions and conflict can affect innovative uses of space, often diluting their progressive purpose. Ultimately, children’s play in recovery from the pandemic experienced a similar fate.

    This is worrying because Unicef research has shown children’s wellbeing has continued to suffer after COVID-19.

    Places that allow for children’s play can create dynamic neighbourhoods, intergenerational encounters, and meaningful participation in urban spaces – if only we let it happen.

    Michael Martin 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. How to give children the freedom to play all across the city – not just in playgrounds – https://theconversation.com/how-to-give-children-the-freedom-to-play-all-across-the-city-not-just-in-playgrounds-260444

    MIL OSI Analysis

  • MIL-OSI Analysis: Consolation, community, national identity: what is lost when pubs close – and how they can be saved

    Source: The Conversation – UK – By Thomas Thurnell-Read, Reader in Sociology, Loughborough University

    William Perugini/Shutterstock

    Recent figures from the British Beer and Pub Association show that pubs will close at the rate of one a day in the UK during 2025. This is just the latest chapter in a familiar story – more than a quarter of British pubs have closed since 2000.

    The cost of running a pub has risen dramatically. The ingredients used to brew beer all cost more, as do the business rates, rents, duties, utilities and wages required to operate a welcoming venue in which to serve it. Some publicans have reported utility bills doubling in a matter of months.

    Many pubs occupy prime locations and high-value buildings, which, coupled with larger floor space, mean business rates can be high relative to turnover and profit.

    Meanwhile, food offerings which had provided many pubs with a profitable alternative to a drinks-only model have also been hit by rapid increases in costs. Supermarkets and delivery platforms now provide food and drink directly to consumers at prices few licenced venues can compete with. Even pubs that are economically viable are often more profitable converted into residential or retail space.

    These economic challenges accompany wider cultural trends, such as the continued prevalence of home working, changes in drinking habits and competition from alternative forms of in person and online leisure.

    We’ve researched pub closures in England and Wales to learn what the loss of pubs means for the communities who drink and gather in them.

    When pubs closed temporarily during COVID-19 lockdowns, many people realised that what they missed about pubs was not alcohol but the social contact pubs provided. Pubs have a clear social value. They offer a space for people to meet and interact and have been shown to help tackling loneliness and social isolation.

    Our research participants relayed stories of pub closure in relation to their own lives and communities:

    I’ve been consoled in there, I’ve consoled friends in there. We’ve chopped up family issues, work issues. We’ve drunk for the sake of drinking in there.

    Pubs help people feel connected to a local place. When they close, they can become sites of mourning, a painful reminder of change and decline. One resident of a former colliery village in Nottinghamshire said of the pub she had once worked in – now derelict, fire damaged and vandalised as it awaits redevelopment – that despite her wish that it had remained open it was now better to “knock it down” to “put us out of our misery”.

    For many, pubs are a sort of bellwether for wider anxiety about social and generational change. The loss of pubs speaks to where “we” might be heading as a nation or as a community. Our recent analysis of how the British press has reported on pub closures since 2000 shows that a sense of national identity under threat is a recurring theme.

    Both local and national newspapers have made repeated use of the word “our” in this context, warning readers of the grave threat to “our pubs” and “our heritage”, often invoking an idyllic image of rural life. However, much of this coverage has also praised the pub as a great leveller, as a place where people come together as a community to socialise despite their differences.

    Can pubs be saved?

    The Campaign for Real Ale, the leading consumer group for beer drinkers and pub goers, suggests changing planning and licensing laws to protect pubs at local and national levels, and more support and publicity for pubs to cater to changing markets.

    Others have more directly lobbied for duty cuts that give pubs a fighting chance against supermarkets benefiting from economies of scale, VAT exemptions and convenience.

    A hot meal served in a pub incurs a standard 20% rate of VAT, while a supermarket ready meal to be heated at home does not. The rationale for a tax cut to support pubs would rest on the social benefits they offer to communities, in contrast to supermarket-bought alcohol typically consumed at home.

    A boarded-up pub in Bristol.
    Thomas Turnell-Read

    The Localism Act 2011 gave communities the right to bid to take pubs into community ownership, designating them as assets of community value. Yet while there are some terrific examples of community-owned pubs becoming both thriving businesses and a revived focal point for communities, residents in poorer areas lack the resources to sustain viable campaigns.

    In one village in our study, a pub listed as a going concern at £500,000 in fact sold as a development plot for over £660,000. A viability study suggested that an investment of £225,000, plus working capital of at least £20,000, would be needed to reopen the pub. The residents we spoke to all conceded that a purchase was far beyond the modest resources of the local community.

    While the loss of so many pubs is shocking, it obscures the fact that when other licensed venues, such as bars, restaurants and licensed cafes are factored in, the downward trend is flattened – and even reversed in some areas. This suggests a long-term diversification of the sector – the pub is no longer the only option when going out for a drink.

    This may also reflect a feeling that other hospitality venues better cater to different people and groups who may feel less at home in traditional pubs. Some interviewees told us that they felt craft brewery taprooms were more welcoming and family friendly. Others found cafe-bars to have a more appealing mix of coffee, food and both alcoholic and non-alcoholic drinks.

    There’s a long history of pubs adapting to serve new needs and markets. Pub is the Hub, for example, has supported rural pubs to incorporate everything from village shops and libraries to pizza ovens and IT skills hubs. There have been promising experiments with fitting pubs for co-working and meeting space. And micropubs can continue to offer the benefits of a convivial social space, in a back-to-basics approach that reduces the costs of running bigger venues. Pubs can and must evolve.

    Thomas Thurnell-Read receives funding from The Leverhulme Trust.

    Robert Deakin 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. Consolation, community, national identity: what is lost when pubs close – and how they can be saved – https://theconversation.com/consolation-community-national-identity-what-is-lost-when-pubs-close-and-how-they-can-be-saved-260774

    MIL OSI Analysis

  • MIL-OSI Submissions: Consolation, community, national identity: what is lost when pubs close – and how they can be saved

    Source: The Conversation – UK – By Thomas Thurnell-Read, Reader in Sociology, Loughborough University

    William Perugini/Shutterstock

    Recent figures from the British Beer and Pub Association show that pubs will close at the rate of one a day in the UK during 2025. This is just the latest chapter in a familiar story – more than a quarter of British pubs have closed since 2000.

    The cost of running a pub has risen dramatically. The ingredients used to brew beer all cost more, as do the business rates, rents, duties, utilities and wages required to operate a welcoming venue in which to serve it. Some publicans have reported utility bills doubling in a matter of months.

    Many pubs occupy prime locations and high-value buildings, which, coupled with larger floor space, mean business rates can be high relative to turnover and profit.

    Meanwhile, food offerings which had provided many pubs with a profitable alternative to a drinks-only model have also been hit by rapid increases in costs. Supermarkets and delivery platforms now provide food and drink directly to consumers at prices few licenced venues can compete with. Even pubs that are economically viable are often more profitable converted into residential or retail space.

    These economic challenges accompany wider cultural trends, such as the continued prevalence of home working, changes in drinking habits and competition from alternative forms of in person and online leisure.

    We’ve researched pub closures in England and Wales to learn what the loss of pubs means for the communities who drink and gather in them.

    When pubs closed temporarily during COVID-19 lockdowns, many people realised that what they missed about pubs was not alcohol but the social contact pubs provided. Pubs have a clear social value. They offer a space for people to meet and interact and have been shown to help tackling loneliness and social isolation.

    Our research participants relayed stories of pub closure in relation to their own lives and communities:

    I’ve been consoled in there, I’ve consoled friends in there. We’ve chopped up family issues, work issues. We’ve drunk for the sake of drinking in there.

    Pubs help people feel connected to a local place. When they close, they can become sites of mourning, a painful reminder of change and decline. One resident of a former colliery village in Nottinghamshire said of the pub she had once worked in – now derelict, fire damaged and vandalised as it awaits redevelopment – that despite her wish that it had remained open it was now better to “knock it down” to “put us out of our misery”.

    For many, pubs are a sort of bellwether for wider anxiety about social and generational change. The loss of pubs speaks to where “we” might be heading as a nation or as a community. Our recent analysis of how the British press has reported on pub closures since 2000 shows that a sense of national identity under threat is a recurring theme.

    Both local and national newspapers have made repeated use of the word “our” in this context, warning readers of the grave threat to “our pubs” and “our heritage”, often invoking an idyllic image of rural life. However, much of this coverage has also praised the pub as a great leveller, as a place where people come together as a community to socialise despite their differences.

    Can pubs be saved?

    The Campaign for Real Ale, the leading consumer group for beer drinkers and pub goers, suggests changing planning and licensing laws to protect pubs at local and national levels, and more support and publicity for pubs to cater to changing markets.

    Others have more directly lobbied for duty cuts that give pubs a fighting chance against supermarkets benefiting from economies of scale, VAT exemptions and convenience.

    A hot meal served in a pub incurs a standard 20% rate of VAT, while a supermarket ready meal to be heated at home does not. The rationale for a tax cut to support pubs would rest on the social benefits they offer to communities, in contrast to supermarket-bought alcohol typically consumed at home.

    A boarded-up pub in Bristol.
    Thomas Turnell-Read

    The Localism Act 2011 gave communities the right to bid to take pubs into community ownership, designating them as assets of community value. Yet while there are some terrific examples of community-owned pubs becoming both thriving businesses and a revived focal point for communities, residents in poorer areas lack the resources to sustain viable campaigns.

    In one village in our study, a pub listed as a going concern at £500,000 in fact sold as a development plot for over £660,000. A viability study suggested that an investment of £225,000, plus working capital of at least £20,000, would be needed to reopen the pub. The residents we spoke to all conceded that a purchase was far beyond the modest resources of the local community.

    While the loss of so many pubs is shocking, it obscures the fact that when other licensed venues, such as bars, restaurants and licensed cafes are factored in, the downward trend is flattened – and even reversed in some areas. This suggests a long-term diversification of the sector – the pub is no longer the only option when going out for a drink.

    This may also reflect a feeling that other hospitality venues better cater to different people and groups who may feel less at home in traditional pubs. Some interviewees told us that they felt craft brewery taprooms were more welcoming and family friendly. Others found cafe-bars to have a more appealing mix of coffee, food and both alcoholic and non-alcoholic drinks.

    There’s a long history of pubs adapting to serve new needs and markets. Pub is the Hub, for example, has supported rural pubs to incorporate everything from village shops and libraries to pizza ovens and IT skills hubs. There have been promising experiments with fitting pubs for co-working and meeting space. And micropubs can continue to offer the benefits of a convivial social space, in a back-to-basics approach that reduces the costs of running bigger venues. Pubs can and must evolve.

    Thomas Thurnell-Read receives funding from The Leverhulme Trust.

    Robert Deakin 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. Consolation, community, national identity: what is lost when pubs close – and how they can be saved – https://theconversation.com/consolation-community-national-identity-what-is-lost-when-pubs-close-and-how-they-can-be-saved-260774

    MIL OSI

  • MIL-OSI: The Victory Bancorp, Inc. 2025 Second Quarter Earnings

    Source: GlobeNewswire (MIL-OSI)

    LIMERICK, Pa., July 15, 2025 (GLOBE NEWSWIRE) — The Victory Bancorp, Inc. (OTCQX: VTYB), the holding company for The Victory Bank, today announced financial results for the quarter ended June 30, 2025.

    Financial Highlights for Second Quarter 2025
       
    Net Consolidated Earnings:
    Net income for the quarter ended June 30, 2025, surged to $693 thousand — a $404 thousand increase over the $289 thousand reported in Q2 2024. This substantial growth reflects the continued strength of our financial performance. Return on average equity climbed to 9.07%, up from 7.30% in the previous quarter and more than doubling the 4.08% reported a year ago. Return on average assets also improved significantly, rising to 0.59% from 0.25% in Q2 2024.
       
    Deposit Growth:
    The bank opened a new branch in spring 2025 in the Horsham market. This new location, along with targeted promotions tied to the opening, has contributed to the growth in deposits in Q2. Total deposits grew to $426.43 million as of June 30, 2025, an increase of $41.82 million from June 30, 2024. This deposit growth has supported strategic balance sheet expansion while enabling the Bank to fully eliminate its highest funding source, borrowings, as of Q2 2025.
       
    Book Value:
    Book value per common share rose to $15.57 as of June 30, 2025, compared to $14.84 at year-end 2024 and $14.28 as of June 30, 2024.
       
    Stockholders’ Equity:
    Stockholders’ equity increased to $30.99 million, up from $29.34 million at December 31, 2024, and $28.16 million a year ago. This growth continues to reinforce the company’s strong capital position.
       
    Credit Quality and Loan Metrics:
    Credit quality remained strong, with no nonperforming assets reported for the quarter and net charge-offs at -0.01%, indicating net recoveries. The allowance for credit losses to total loans stood at 0.88%, reflecting continued sound risk management practices.
       
    Earnings per Share:
    Basic and diluted earnings per common share were $0.35 and $0.34, respectively, for Q2 2025, compared to $0.15 basic and $0.14 diluted in Q2 2024.

    Chairman and Bank Leader Joseph W. Major commented,

    “Victory Bancorp delivered an extraordinary second quarter in 2025, with net income soaring 140% compared to Q2 of 2024 — a remarkable milestone that highlights the strength and resilience of our financial performance. This improvement was powered by disciplined cost control, strong loan portfolio health, and continued deposit growth. We remained focused on protecting our margin by carefully managing interest expense on new deposits and maintaining rigorous pricing discipline on new loans. Our book value per share climbed to a record high of $15.57, and return on equity exceeded 9%, signaling continued momentum and exceptional operational execution.”

    “We continue to see the benefits of our community-focused relationship banking model and the dedication of our exceptional team. As we enter the second half of the year, we remain focused on supporting the financial success of our clients, expanding responsibly, and delivering sustained value to shareholders. The opening of our new Horsham branch further extends our footprint into a vibrant and growing market, positioning us to serve more businesses and individuals while deepening our community impact.”

    Victory Bancorp, Inc. is traded on the OTCQX market under the symbol VTYB and is the parent company of The Victory Bank. The Bank, founded in 2008, is a Pennsylvania state-chartered commercial bank headquartered in Limerick Township, Montgomery County. It offers a full range of banking services, including checking and savings accounts, home equity lines of credit, and personal loans. In addition to traditional banking, the Bank specializes in high-quality business lending, serving small and mid-sized businesses and professionals. With four offices across Montgomery and Berks Counties, it is dedicated to meeting the financial needs of the local community. For more information, visit its website at VictoryBank.com. FDIC-Insured.

    This presentation may contain forward-looking statements (within the meaning of Private Securities Litigation Reform Act of 1995). Actual results may differ materially from the results discussed in these forward-looking statements. Factors that might cause such a difference include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, loan demand, real estate values, and competition; changes in accounting principles, policies, or guidelines; changes in legislation or regulation; and other economic; competitive, governmental, regulatory, and technological factors affecting the Company’s operations, pricing, products, and services.

    Contact:
    Joseph W. Major,
    Chairman and Chief Executive Officer

    Robert H. Schultz,
    Chief Financial Officer, Chief Operating Officer

    Owen Magers
    Investor Relations
    484-791-3435

    The Victory Bancorp, Inc.
    548 N. Lewis Rd.
    Limerick, PA 19468

             
    CONSOLIDATED FINANCIAL HIGHLIGHTS (unaudited) 
    (dollars in thousands, except per share data)
        3 Months Ended
        Jun 30,   Dec 31,   Jun 30,
    Selected Financial Data   2025   2024   2024
                 
    Investment securities $ 43,323   $ 44,642   $ 46,325  
                 
    Loans, net of allowance for credit losses   392,557     390,954     396,499  
                 
    Total assets   477,089     461,024     469,787  
                 
    Deposits   426,433     397,080     384,615  
                 
    Borrowings   0     15,440     42,617  
                 
    Subordinated debt   17,342     17,309     12,843  
                 
    Stockholders’ equity $ 30,987   $ 29,337   $ 28,155  
                 
    Book value per common share $ 15.57   $ 14.84   $ 14.28  
                 
    Allowance/loans   0.88 %   0.92 %   0.89 %
                 
    Nonperforming assets/total assets   0.00 %   0.05 %   0.01 %
                 
        3 Months Ended
        Jun 30,   Dec 31,   Jun 30,
    Selected Operations Data   2025   2024   2024
                 
    Interest income $ 7,149   $ 7,281   $ 7,200  
                 
    Interest expense   3,620     3,886     3,994  
                 
    Net interest income   3,529     3,395     3,206  
                 
    Provision for loan losses   (75 )   (32 )   110  
                 
    Other income   257     299     209  
                 
    Other expense   2,980     3,000     2,935  
                 
    Income before income taxes   881     726     370  
                 
    Income taxes   (188 )   (168 )   (81 )
    Net income $ 693   $ 558   $ 289  
                 
                 
    Earnings per common share (basic) $ 0.35   $ 0.28   $ 0.15  
                 
    Earnings per common share (diluted) $ 0.34   $ 0.28   $ 0.14  
                 
    Return on average assets (annualized)   0.59 %   0.48 %   0.25 %
                 
    Return on average equity (annualized)   9.07 %   7.58 %   4.08 %
                 
    Net charge-offs(recoveries)/average loans   (0.01 )%   0.00 %   0.01 %

    The MIL Network

  • MIL-OSI Submissions: Taurine could power your energy drink – and maybe cancer cells too. Here’s what you need to know

    Source: The Conversation – UK – By Gulshanara (Rumy) Begum, Senior Lecturer in Nutrition & Exercise Science, University of Westminster

    shutterstock New Africa/Shutterstock

    Energy drinks are big business. Marketed as quick fixes for fatigue and performance dips, energy drinks are especially popular among young people, athletes, sports enthusiasts, and so-called “weekend warriors” – people who pack their workouts into the weekend instead of exercising regularly. Gamers are now a major target too.

    But as the market grows, so do concerns about what’s actually in these drinks – and what these ingredients might be doing to our bodies.

    Many energy drinks contain some combination of three familiar stimulants: caffeine, found naturally in coffee, tea and cacao; guarana, an Amazonian plant rich in caffeine; and taurine, a naturally occurring amino acid found in scallops, mussels, turkey and chicken.

    Taurine, in particular, has drawn both hype and hope. It is credited with performance-enhancing properties and potential health benefits. But new research is raising important questions about how it behaves in the body – and when it might do more harm than good.

    In May 2025, a study published in Nature sparked headlines and unease in equal measure. It found that taurine may fuel the progression of leukaemia, a group of blood cancers that begin in the bone marrow.

    The study showed that while healthy bone marrow cells naturally produce taurine, leukaemia cells cannot. But they can absorb taurine from their surroundings and use it as a fuel source to grow and multiply. Research on mice and in human leukaemia cell samples demonstrated that taurine in the tumour microenvironment – the area around a tumour that includes blood vessels, immune cells and structural support – accelerated the progression of leukaemia.

    Crucially, when researchers blocked taurine uptake by leukaemia cells (using genetic techniques), cancer progression slowed significantly. The authors suggest taurine supplements could potentially worsen outcomes in people with leukaemia and propose that developing targeted ways to block taurine uptake by cancer cells might offer a new treatment strategy.

    Taurine: friend or foe?

    Taurine is one of the most abundant free amino acids in the human body, found in especially high concentrations in the heart, muscles and brain. In healthy people, it’s mainly obtained through diet, but the body can also synthesise taurine from the amino acids methionine and cysteine, provided it has enough vitamin B6, which is found in foods such as salmon, tuna, chicken, bananas and milk.

    Most people consuming a typical western diet take in 40mg–400mg of taurine a day from food alone. This figure refers only to taurine that is directly ingested, not including the additional amount the body can synthesise internally, which may vary depending on age, diet and health.

    Scallops contain high levels of taurine.
    barmalini/Shutterstock

    Taurine is listed on the Food and Drug Administration’s (FDA’s) generally recognised as safe (GRAS) database, and according to the European Food Safety Authority (EFSA), it’s safe to consume up to six grams per day. By comparison, a serving of Red Bull or Monster contains around one gram – comfortably below that threshold.

    Despite recent concerns about a possible link to blood cancer progression, taurine isn’t inherently harmful. In fact, some people may benefit from supplementation, especially those receiving long-term parenteral nutrition, where nutrients are delivered directly into the bloodstream because the gut isn’t working properly. People with chronic liver, kidney or heart failure may also have trouble producing or holding on to enough taurine, making supplementation helpful in specific clinical settings.

    Ironically, some research suggests taurine may actually help reduce the side effects of chemotherapy in leukaemia patients – even as emerging studies raise concerns that it could also fuel the disease. This contradiction underscores how much context matters: the effects of taurine depend not just on dosage and delivery, but also on the patient’s underlying condition. What helps in one context, could harm in another.

    But here’s the catch: taking taurine as a supplement for particular health reasons is very different from consuming large quantities through energy drinks, which often combine taurine with high levels of caffeine and sugar. This combination can put strain on the heart, interfere with sleep and increase the risk of side effects, particularly for people with underlying health conditions or those taking other stimulants.

    The latest research raises important questions about whether taurine-heavy products could be harmful in some cases, especially for people with, or at risk of, blood cancers.

    So, should you worry?

    According to the current evidence, if you’re a healthy adult who occasionally sips an energy drink, there’s little cause for alarm. But moderation is key. Consuming multiple high-taurine drinks daily or taking taurine supplements (without prior professional consultation), on top of a taurine-rich diet might not be wise, especially if future research confirms links between taurine and cancer progression.

    Until more is known, the safest approach would be to enjoy your energy boosts by consuming a nutritious diet rather than consuming energy drinks. If you have any underlying health conditions – or a family history of cancer – it’s always best to consult a healthcare professional before diving into taurine supplementation or consumption of energy drinks.

    Gulshanara (Rumy) Begum 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. Taurine could power your energy drink – and maybe cancer cells too. Here’s what you need to know – https://theconversation.com/taurine-could-power-your-energy-drink-and-maybe-cancer-cells-too-heres-what-you-need-to-know-256957

    MIL OSI

  • MIL-OSI: Blue Navy Recovery Scales Support to Meet Increased Demand for Unclaimed Property in California

    Source: GlobeNewswire (MIL-OSI)

    Irvine, CA , July 15, 2025 (GLOBE NEWSWIRE) — Blue Navy Recovery, a recognized leader in the asset recovery space, has expanded its operations in response to a rising volume of unclaimed property claims in California. As the state reports growing pools of dormant assets—including old bank accounts, refund checks, and insurance proceeds—Blue Navy Recovery is ramping up its service capacity to help more residents secure what’s rightfully theirs. The firm’s success in the region continues to solidify its position as a top choice for unclaimed property support in  California.

    Blue Navy Recovery logo representing a trusted leader in unclaimed property recovery across California.

    With millions in unclaimed funds transferred to the state every year, the process of reclaiming those assets can often overwhelm individuals. Blue Navy Recovery simplifies this journey by managing the full recovery process on behalf of its clients. The firm handles everything: from initial eligibility checks and documentation to direct communication with state officials—ensuring accuracy and peace of mind for Californians seeking to recover assets long forgotten or unknown. The company’s results are reflected in a growing number of client reviews and reported outcomes shared by verified clients on Google and in recent coverage in Business Insider and Yahoo! Finance.

    “Our California clients are seeing success not because the process got easier, but because we’ve removed the guesswork,” said David Dorfman, Managing Partner at Blue Navy Recovery. “This expansion allows us to serve more people efficiently while maintaining the one-on-one service that defines our work.”

    As demand grows, so does the company’s investment in personalized support. From Google to Yelp, users continue to point to real results—not theory—as the reason they trust Blue Navy’s process. The firm has processed many successful claims in California alone, ranging from relatively small account balances to substantial fund recoveries linked to estates or inactive investments.

    The company’s secure and streamlined process helps reduce paperwork and improve communication. With clear guidance throughout each claim, Blue Navy Recovery offers a solid pathway from inquiry to payout. As a performance-based service, clients incur no upfront fees, and pay only when funds are successfully recovered. The company recently celebrated their 200th successful unclaimed property recovery case alongside their 40th 5-star review, a story that was picked up by media outlets like Yahoo! FinanceBusiness Insider, and Globe Newswire.

    To learn more about how to claim unclaimed property in California, or to explore real user studies and common case outcomes, visit Blue Navy Recovery’s website.

    Blue Navy Recovery’s website provides streamlined support for unclaimed property claims in California.

    About Blue Navy Recovery

    Blue Navy Recovery is a professional unclaimed property recovery firm that helps individuals and families recover lost or forgotten funds held by the state. With deep experience navigating the claims process in California and Georgia, we’ve helped return millions of dollars to rightful owners. We handle the paperwork, follow-ups, and filing — so you don’t have to. Our team only collects a percentage of the recovered amount, with no upfront cost. 

    Press inquiries

    Blue Navy Recovery
    https://www.bluenavy.org
    David Dorfman
    david@bluenavy.org
    (619) 215-1972

    The MIL Network

  • MIL-OSI: Lightchain AI Launches Bonus Round Following Completion of $21M Presale

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, July 15, 2025 (GLOBE NEWSWIRE) — Lightchain AI, the decentralized smart contract platform powered by artificial intelligence, has officially launched the Bonus Round of its presale following the successful completion of all 15 initial stages. With over $21 million raised from early supporters, the Bonus Round offers investors a final opportunity to participate at a fixed token price of $0.007.

    This milestone marks a major step forward in Lightchain AI’s roadmap, as the project continues to expand its ecosystem with growing wallet distribution, community engagement, and developer adoption.

    We’ve seen exceptional momentum across the board—from wallet growth to community interest,” said a spokesperson from Lightchain AI. “The Bonus Round gives participants a fair, final chance to join the network ahead of launch.”

    Lightchain AI Drives Real Adoption Through Expanding Wallet Distribution

    Lightchain AI is driving real adoption through expanding wallet distribution, reflecting broad-based interest across both retail and strategic holders. With all 15 presale stages completed and over $21 million raised, the Bonus Round continues to fuel decentralized growth at a fixed price point.

    Wallet activity is growing as Lightchain delivers on utility: public GitHub repositories are launching, validator and contributor nodes are being onboarded, and the Developer Portal is live with full technical documentation. Grants and liquidity incentives support builders and meme coin creators through the active Launchpad, encouraging wallet engagement beyond passive holding.

    Combined with fair tokenomics and optimized gas performance, Lightchain AI’s expanding wallet base signals real-world adoption—built on transparent progress, not speculation. This is participation with purpose.

    Secure Your Lightchain AI Tokens Today!

    Step into the future with Lightchain AI tokens, where decentralization meets cutting-edge AI innovation. Designed for transparency, efficiency, and scalability, these tokens reward pioneers and loyal supporters alike. 

    After raising millions across 15 successful presale stages, the Bonus Round is here—offering fixed pricing and an exclusive investment opportunity you don’t want to miss! 

    Lightchain’s ecosystem is packed with game-changing features: real-time AI execution powered by the AIVM, scalable sharded architecture, and a builder-first approach supported by a $150,000 grant pool. Add optimized gas consumption and strategic token allocation, and you’ve got more than just another blockchain project—it’s a movement. 

    Don’t just watch the future unfold—be part of it. Get your tokens now and help build a smarter, decentralized tomorrow!

    https://lightchain.ai

    https://lightchain.ai/lightchain-whitepaper.pdf

    https://x.com/LightchainAI

    https://t.me/LightchainProtocol    

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

    Disclaimer: This content is provided by Lightchain AI. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/022f6ad4-9104-4fb3-bab9-8fd73ff59a2a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7074bcbe-a7d2-493b-a49e-2720c11749cc

    The MIL Network

  • MIL-OSI Submissions: Why the Sycamore Gap tree provoked such strong emotional reactions – a psychologist explains

    Source: The Conversation – UK – By Samuel Fairlamb, Senior Lecturer, Department of Psychology, Royal Holloway University of London

    Joe Rey Photography/Shutterstock

    In September 2023, so many people were shocked when the famous Sycamore Gap tree, thriving in a dip along Hadrian’s Wall, was deliberately cut down overnight. For many, the tree symbolised British resilience, heritage and an enduring history. The public response was swift and intense, with widespread outrage and grief over the loss of this cultural landmark.

    The two men convicted of felling the Sycamore Gap tree have been sentenced to four years and three months in prison. Meanwhile, the tree lives on thanks to an AI-generated alternate world in the film 28 Years Later.

    As a psychologist, I’m interested in what inspired such a strong reaction to the destruction of a single tree. One psychological explanation, known as “terror management theory”, suggests that the emotional response reflects deeper anxieties about death – and not just about this tree.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    Terror management theory, developed by psychologists Sheldon Solomon, Jeff Greenberg and Tom Pyszczynski, builds on the work of cultural anthropologist Ernest Becker, author of the Pulitzer prize-winning The Denial of Death (1973).

    This book’s central idea is simple yet profound. In it, Becker proposes that our awareness of mortality creates the potential for considerable existential anxiety.

    To manage this, we rely on cultural worldviews. These are our belief systems. These worldviews can be religious, secular, political or national. They all share a promise that life is meaningful and offer prescriptions for how we should live. When we live in accordance with our cultural values and standards – whether by being a good parent, a loyal citizen or following religious texts – we gain a sense of self-esteem and feel we are contributing to something enduring and significant.

    These worldviews also offer the promise of immortality. Some do so literally, as in religious faiths that promise life beyond death. Others offer symbolic immortality, through lasting achievements, family bloodlines, or the continuation of one’s nation. By embedding ourselves in these worldviews, we gain a sense that some part of us will continue after we die.

    Cultural symbols such as flags, religious icons, or even a tree can embody our core values and collective identity and are therefore treated with deep reverence. Throughout history, people have waged wars and shown intense emotional reactions to the desecration of such symbols (burning the American flag or the Qur’an, for example).

    The Sycamore Gap tree was cut down in September 2023.
    SunCity/Shutterstock

    The Sycamore Gap tree carried similar significance. As a centuries-old landmark, it came to represent Britain’s heritage, strength and continuity. From the perspective of terror management theory, its felling may have stirred strong reactions because it reminded people that even the symbols we rely on for a sense of permanence can be suddenly lost.

    This sense of cultural loss is also echoed by other recent events, such as Brexit and the immigration crisis. A collective fear over the erosion of British values and traditions place questions about the loss of British identity at the centre of public consciousness.

    Rooted in mortality

    Decades of psychological research support this theory’s claims. One common method (a technique called “mortality salience”) involves making participants subtly aware of their mortality (control participants are not reminded of death).

    In studies carried out in the 1990s, researchers found that when the solution to a task required desecrating a cultural symbol, such as using an American flag to separate ink from a jar of sand, participants reminded of death took longer to complete the task and experienced greater apprehension.

    Hundreds of studies also show how being reminded of death can increase anger and hostility towards people who threaten or violate one’s cultural values. One line of research examining reactions to those who commit moral transgressions may be particularly appropriate to this case.

    For instance, in one study, participants reminded of their own death were more likely to support harsher punishments for those who committed moral transgressions such as someone who destroyed an irreplaceable artefact (much like the cutting down of a tree). Other research has shown similar effects: participants (including judges!) when reminded of death gave out harsher penalties or sentencing for those who have committed a crime.

    You might question whether these effects truly reflect death anxiety or if they could be explained without invoking a desire for immortality. Research may provide compelling evidence. One study found that reminders of death increased support for harsher punishments for moral transgressors (replicating the study mentioned earlier).

    However, when participants were first presented with evidence of an afterlife, the effect of death increasing harsher punishments disappeared. In other words, the promise that death is not the end appeared to buffer from the anxiety that death arouses.

    The fall of the Sycamore Gap tree was more than a loss of natural beauty. It was, for many, a symbolic attack on permanence, on meaning, and on shared identity. Yet while such losses can stir outrage and calls for punishment, research also shows that when people endorse prosocial values like empathy, reminders of death can actually foster forgiveness towards those who commit moral transgressions.

    According to terror management theory, these responses are not just about anger, but about what it means to be human in the face of inevitable death. In this light, the tree’s felling uprooted something sacred: a collective continuity that gives meaning to our brief lives. As we grieve its loss, perhaps we’re also mourning something more elusive – the comforting illusion that some things might last forever.


    This article features references to books that have been included for editorial reasons, and may contain links to bookshop.org. If you click on one of the links and go on to buy something from bookshop.org The Conversation UK may earn a commission.


    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed so far.


    Samuel Fairlamb 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 the Sycamore Gap tree provoked such strong emotional reactions – a psychologist explains – https://theconversation.com/why-the-sycamore-gap-tree-provoked-such-strong-emotional-reactions-a-psychologist-explains-257165

    MIL OSI

  • MIL-OSI Analysis: Why the Sycamore Gap tree provoked such strong emotional reactions – a psychologist explains

    Source: The Conversation – UK – By Samuel Fairlamb, Senior Lecturer, Department of Psychology, Royal Holloway University of London

    Joe Rey Photography/Shutterstock

    In September 2023, so many people were shocked when the famous Sycamore Gap tree, thriving in a dip along Hadrian’s Wall, was deliberately cut down overnight. For many, the tree symbolised British resilience, heritage and an enduring history. The public response was swift and intense, with widespread outrage and grief over the loss of this cultural landmark.

    The two men convicted of felling the Sycamore Gap tree have been sentenced to four years and three months in prison. Meanwhile, the tree lives on thanks to an AI-generated alternate world in the film 28 Years Later.

    As a psychologist, I’m interested in what inspired such a strong reaction to the destruction of a single tree. One psychological explanation, known as “terror management theory”, suggests that the emotional response reflects deeper anxieties about death – and not just about this tree.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    Terror management theory, developed by psychologists Sheldon Solomon, Jeff Greenberg and Tom Pyszczynski, builds on the work of cultural anthropologist Ernest Becker, author of the Pulitzer prize-winning The Denial of Death (1973).

    This book’s central idea is simple yet profound. In it, Becker proposes that our awareness of mortality creates the potential for considerable existential anxiety.

    To manage this, we rely on cultural worldviews. These are our belief systems. These worldviews can be religious, secular, political or national. They all share a promise that life is meaningful and offer prescriptions for how we should live. When we live in accordance with our cultural values and standards – whether by being a good parent, a loyal citizen or following religious texts – we gain a sense of self-esteem and feel we are contributing to something enduring and significant.

    These worldviews also offer the promise of immortality. Some do so literally, as in religious faiths that promise life beyond death. Others offer symbolic immortality, through lasting achievements, family bloodlines, or the continuation of one’s nation. By embedding ourselves in these worldviews, we gain a sense that some part of us will continue after we die.

    Cultural symbols such as flags, religious icons, or even a tree can embody our core values and collective identity and are therefore treated with deep reverence. Throughout history, people have waged wars and shown intense emotional reactions to the desecration of such symbols (burning the American flag or the Qur’an, for example).

    The Sycamore Gap tree was cut down in September 2023.
    SunCity/Shutterstock

    The Sycamore Gap tree carried similar significance. As a centuries-old landmark, it came to represent Britain’s heritage, strength and continuity. From the perspective of terror management theory, its felling may have stirred strong reactions because it reminded people that even the symbols we rely on for a sense of permanence can be suddenly lost.

    This sense of cultural loss is also echoed by other recent events, such as Brexit and the immigration crisis. A collective fear over the erosion of British values and traditions place questions about the loss of British identity at the centre of public consciousness.

    Rooted in mortality

    Decades of psychological research support this theory’s claims. One common method (a technique called “mortality salience”) involves making participants subtly aware of their mortality (control participants are not reminded of death).

    In studies carried out in the 1990s, researchers found that when the solution to a task required desecrating a cultural symbol, such as using an American flag to separate ink from a jar of sand, participants reminded of death took longer to complete the task and experienced greater apprehension.

    Hundreds of studies also show how being reminded of death can increase anger and hostility towards people who threaten or violate one’s cultural values. One line of research examining reactions to those who commit moral transgressions may be particularly appropriate to this case.

    For instance, in one study, participants reminded of their own death were more likely to support harsher punishments for those who committed moral transgressions such as someone who destroyed an irreplaceable artefact (much like the cutting down of a tree). Other research has shown similar effects: participants (including judges!) when reminded of death gave out harsher penalties or sentencing for those who have committed a crime.

    You might question whether these effects truly reflect death anxiety or if they could be explained without invoking a desire for immortality. Research may provide compelling evidence. One study found that reminders of death increased support for harsher punishments for moral transgressors (replicating the study mentioned earlier).

    However, when participants were first presented with evidence of an afterlife, the effect of death increasing harsher punishments disappeared. In other words, the promise that death is not the end appeared to buffer from the anxiety that death arouses.

    The fall of the Sycamore Gap tree was more than a loss of natural beauty. It was, for many, a symbolic attack on permanence, on meaning, and on shared identity. Yet while such losses can stir outrage and calls for punishment, research also shows that when people endorse prosocial values like empathy, reminders of death can actually foster forgiveness towards those who commit moral transgressions.

    According to terror management theory, these responses are not just about anger, but about what it means to be human in the face of inevitable death. In this light, the tree’s felling uprooted something sacred: a collective continuity that gives meaning to our brief lives. As we grieve its loss, perhaps we’re also mourning something more elusive – the comforting illusion that some things might last forever.


    This article features references to books that have been included for editorial reasons, and may contain links to bookshop.org. If you click on one of the links and go on to buy something from bookshop.org The Conversation UK may earn a commission.


    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed so far.


    Samuel Fairlamb 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 the Sycamore Gap tree provoked such strong emotional reactions – a psychologist explains – https://theconversation.com/why-the-sycamore-gap-tree-provoked-such-strong-emotional-reactions-a-psychologist-explains-257165

    MIL OSI Analysis

  • MIL-OSI Canada: Saskatchewan’s Manufacturing Sales Sees Second Best Growth in Canada

    Source: Government of Canada regional news

    Released on July 15, 2025

    Strong Manufacturing Sector Fueling Economic Resilience

    Today’s manufacturing sales figures show that Saskatchewan saw an increase of 4.4 per cent in May 2025 compared to April 2025. This is the second highest month-over-month increase among the provinces.

    “These positive numbers highlight once again that Saskatchewan remains the best place in Canada to live, work, raise a family and start a business,” Trade and Export Development Minister Warren Kaeding said. “The huge growth we are seeing in manufacturing sales means businesses can invest with confidence as our economy continues to grow and prosper.”

    Manufacturing sales, including shipments, inventories and orders, represent the dollar value of goods sold by manufacturers. 

    Saskatchewan continues to see significant economic growth. Statistics Canada’s latest Gross Domestic Product (GDP) numbers indicate that the province’s real GDP at basic prices reached an all-time high of $80.5 billion in 2024, increasing by $2.6 billion, or 3.4 per cent. This places Saskatchewan second in the nation for real GDP growth and above the national average of 1.6 per cent.

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

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

    For more information, visit: InvestSK.ca.

    -30-

    For more information, contact:

    MIL OSI Canada News

  • MIL-OSI Submissions: England’s redesigned banknotes will reveal how the country sees itself

    Source: The Conversation – UK – By Pavan Mano, Lecturer in Global Cultures, King’s College London

    Richard z/Shutterstock

    The Bank of England has announced a redesign of its banknotes and invited the public to suggest new themes that might feature on them. Victoria Cleland, the Bank of England’s chief cashier, said this was as “a symbolic representation of our collective national identity and an opportunity to celebrate the UK”.

    Even though they can appear like the unifying symbols Cleland suggests, my research shows that there are contradictions that surround many national symbols. They are not as unifying as they might seem. In fact, in many cases they also work to exclude people.

    For a long time, there has been a persuasive argument about belonging and the nation. As one of the grand theorists of the nation, Benedict Anderson, once put it, the nation is an “imagined political community”.

    The idea here is that the nation is simply a collection of people who form a community together, something larger than themselves. And national symbols are supposed to represent this community. As such, national symbols are often taken as markers of belonging.

    But what is often overlooked is the exclusionary element of the nation. In my book, Straight Nation, I show how for some people to belong to a nation, others must be portrayed as not belonging. It can be difficult to pinpoint exactly how one belongs to the nation; it is far easier to point at someone else and declare that they do not.

    The invitation to contribute to the redesign will therefore show two things. It will tell us how the country sees itself. It will also demonstrate the contradictions around national symbols and the exclusions they can produce. The former perhaps more straightforward than the latter.


    Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.


    How does England see itself?

    In theory, the banknote is a perfectly neat national symbol. It is an object that is only valid within the borders of the state it is issued in, so the images printed on it can be treated as representations of the nation. Current notes feature images of historically significant characters: former prime minister Sir Winston Churchill, author Jane Austen, painter J.M.W. Turner and scientist Alan Turing.

    Jane Austen is one of only three women who have been on the banknote.
    Dudaeva/Shutterstock

    Indeed, the Bank of England has suggested that images should not be “divisive”. In other words, they need to be as inclusive as possible. But in the current political environment, far-right politics and division have become extremely commonplace both globally and closer to home.

    In the US, the current administration has squarely taken aim at diversity, equity and inclusion programmes and launched a massive wave of deportations. Across much of western Europe, far-right parties are going from strength to strength.

    In the UK, rightwing Reform has emerged as the party that would win the most seats if a general election were held this year. The current prime minister, Keir Starmer, recently gave a speech where he warned the UK risked becoming an “island of strangers” without tougher immigration policies.

    Amid these political currents, it will be interesting to see which themes and images are eventually chosen to adorn the new banknotes from the consultation which closes at the end of July. The designs will be instructive not least because they will show how how the current climate translates onto these notes as well as how the country sees itself.

    For instance, there has never been a person of colour and only three women have previously featured on a banknote. It would be a a long time coming if this were to change.

    The exclusions at the heart of national symbols

    Perhaps more importantly, however, is the ironic contradiction around asking for the public’s views on banknotes when banknotes are disappearing from public view.

    At the start of this year, Lloyds Banking Group announced it would be closing 136 of its high street banks. This follows a broader trend. Since 2015, banks have closed more than 6,000 branches, and the number of cash machines has fallen by more than 7,000 between June 2021 and June 2024.

    Banking is becoming increasingly digital and carried out through a smartphone app. A growing number of establishments have gone entirely cashless.

    Many people are affected by this, including those with disabilities, older people, those living in rural areas and small businesses. Not only is cash no longer king, it is barely in the building.

    When it is redesigned, the new banknote will be released into an environment where it is less used and, in a growing number of establishments that have gone entirely cashless, will be almost entirely unwelcome.

    National belonging is often romanticised. There is a sense that nationalism and unity go hand in hand, and that the nation is simply a basin of belonging. National symbols are portrayed as a matter of pride.

    We do not know yet what designs they will bear when the crisp new banknotes are issued. But we do know that they will be issued in decreasing quantities and many people will find it harder to get their hands on them. That captures the contradictions of national symbols, and the exclusions they produce.

    Pavan Mano 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. England’s redesigned banknotes will reveal how the country sees itself – https://theconversation.com/englands-redesigned-banknotes-will-reveal-how-the-country-sees-itself-260842

    MIL OSI

  • MIL-OSI Analysis: England’s redesigned banknotes will reveal how the country sees itself

    Source: The Conversation – UK – By Pavan Mano, Lecturer in Global Cultures, King’s College London

    Richard z/Shutterstock

    The Bank of England has announced a redesign of its banknotes and invited the public to suggest new themes that might feature on them. Victoria Cleland, the Bank of England’s chief cashier, said this was as “a symbolic representation of our collective national identity and an opportunity to celebrate the UK”.

    Even though they can appear like the unifying symbols Cleland suggests, my research shows that there are contradictions that surround many national symbols. They are not as unifying as they might seem. In fact, in many cases they also work to exclude people.

    For a long time, there has been a persuasive argument about belonging and the nation. As one of the grand theorists of the nation, Benedict Anderson, once put it, the nation is an “imagined political community”.

    The idea here is that the nation is simply a collection of people who form a community together, something larger than themselves. And national symbols are supposed to represent this community. As such, national symbols are often taken as markers of belonging.

    But what is often overlooked is the exclusionary element of the nation. In my book, Straight Nation, I show how for some people to belong to a nation, others must be portrayed as not belonging. It can be difficult to pinpoint exactly how one belongs to the nation; it is far easier to point at someone else and declare that they do not.

    The invitation to contribute to the redesign will therefore show two things. It will tell us how the country sees itself. It will also demonstrate the contradictions around national symbols and the exclusions they can produce. The former perhaps more straightforward than the latter.


    Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.


    How does England see itself?

    In theory, the banknote is a perfectly neat national symbol. It is an object that is only valid within the borders of the state it is issued in, so the images printed on it can be treated as representations of the nation. Current notes feature images of historically significant characters: former prime minister Sir Winston Churchill, author Jane Austen, painter J.M.W. Turner and scientist Alan Turing.

    Jane Austen is one of only three women who have been on the banknote.
    Dudaeva/Shutterstock

    Indeed, the Bank of England has suggested that images should not be “divisive”. In other words, they need to be as inclusive as possible. But in the current political environment, far-right politics and division have become extremely commonplace both globally and closer to home.

    In the US, the current administration has squarely taken aim at diversity, equity and inclusion programmes and launched a massive wave of deportations. Across much of western Europe, far-right parties are going from strength to strength.

    In the UK, rightwing Reform has emerged as the party that would win the most seats if a general election were held this year. The current prime minister, Keir Starmer, recently gave a speech where he warned the UK risked becoming an “island of strangers” without tougher immigration policies.

    Amid these political currents, it will be interesting to see which themes and images are eventually chosen to adorn the new banknotes from the consultation which closes at the end of July. The designs will be instructive not least because they will show how how the current climate translates onto these notes as well as how the country sees itself.

    For instance, there has never been a person of colour and only three women have previously featured on a banknote. It would be a a long time coming if this were to change.

    The exclusions at the heart of national symbols

    Perhaps more importantly, however, is the ironic contradiction around asking for the public’s views on banknotes when banknotes are disappearing from public view.

    At the start of this year, Lloyds Banking Group announced it would be closing 136 of its high street banks. This follows a broader trend. Since 2015, banks have closed more than 6,000 branches, and the number of cash machines has fallen by more than 7,000 between June 2021 and June 2024.

    Banking is becoming increasingly digital and carried out through a smartphone app. A growing number of establishments have gone entirely cashless.

    Many people are affected by this, including those with disabilities, older people, those living in rural areas and small businesses. Not only is cash no longer king, it is barely in the building.

    When it is redesigned, the new banknote will be released into an environment where it is less used and, in a growing number of establishments that have gone entirely cashless, will be almost entirely unwelcome.

    National belonging is often romanticised. There is a sense that nationalism and unity go hand in hand, and that the nation is simply a basin of belonging. National symbols are portrayed as a matter of pride.

    We do not know yet what designs they will bear when the crisp new banknotes are issued. But we do know that they will be issued in decreasing quantities and many people will find it harder to get their hands on them. That captures the contradictions of national symbols, and the exclusions they produce.

    Pavan Mano 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. England’s redesigned banknotes will reveal how the country sees itself – https://theconversation.com/englands-redesigned-banknotes-will-reveal-how-the-country-sees-itself-260842

    MIL OSI Analysis

  • MIL-OSI USA: 07.15.2025 Cruz-Led Bipartisan Bill to Protect Livelihoods of Texas Fishermen Passes the Senate

    US Senate News:

    Source: United States Senator for Texas Ted Cruz
    WASHINGTON, D.C. – The United States Senate passed the Illegal Red Snapper and Tuna Enforcement Act, which was introduced by Senate Commerce Committee Chairman Ted Cruz (R-Texas), Sen. Brian Schatz (D-Hawaii), Sen. Katie Britt (R-Ala.), and Sen. Tommy Tuberville (R-Ala.). The bipartisan bill directs the National Institute of Standards and Technology (NIST) and the National Oceanic and Atmospheric Administration (NOAA) to develop a standard methodology for identifying the country of origin of red snapper and certain species of tuna imported into the United States.
    Technology exists to chemically test and find the geographic origin of many foods, but not for red snapper and tuna. The legislation supports the development of a field test kit that can be used to accurately ascertain whether fish were caught in U.S. or foreign waters, thus allowing federal and state law enforcement officers to identify the origin of the fish and confiscate illegally caught red snapper and tuna before it is imported back into the U.S.
    The Illegal Red Snapper and Tuna Act was reintroduced in January and advanced out of the Senate Commerce Committee the following month. The legislation was also co-sponsored by Sen. Roger Wicker (R-Miss.).
    Sen. Cruz said, “Hardworking Texas fishermen in the Gulf of America are being undercut by cartel-backed entities who illegally catch and smuggle red snapper into U.S. markets, using profits to fund other illicit activities. I am proud to lead the fight on this bipartisan legislation to crack down on these corrupt operations, stand up for Texas fishermen, and protect our communities. Now, it’s time for the House to act and help us put an end to this illegality.”
    Sen. Schatz said, “Seafood that’s caught illegally or intentionally mislabeled rips off consumers and makes it harder for law-abiding U.S. fishermen to compete. Our bill will help fight against anyone who tries to pass off cheap foreign tuna for high-quality ahi from local Hawai‘i fishermen.”
    BACKGROUND
    Mexican fishermen cross the maritime border between Texas and Mexico on small boats called “lanchas” to illegally catch red snapper in U.S. waters and return to Mexico. The fish are sold in Mexico or mixed in with legally-caught red snapper then exported back into the United States across land borders. Red snapper is one of the most well-managed and profitable fish in the Gulf, but illegal fishing by Mexican lanchas puts law-abiding U.S. fishermen and seafood producers at a competitive disadvantage.
    Last year, the Coast Guard seized more than 18 tons of illegally caught fish from Mexican lanchas. As of June of this year, the Coast Guard has arrested more than 50 Mexican fishermen and seized thousands of pounds of illegally caught fish, further underscoring the need for additional measures to protect our resources.
    In Hawaii, commercial fishermen have long fought to combat illegal, unreported, and unregulated (IUU) fishing and human trafficking in the seafood industry. IUU fishing activities violate both national and international fishing regulations.
    Sens. Cruz, Britt, and Tuberville previously introduced similar legislation during the 118th Congress, which passed the Commerce Committee in July of last year.

    MIL OSI USA News

  • MIL-OSI USA: Debtors Who Failed to Disclose Foreign Assets Lose Bankruptcy Discharge After U.S. Trustee Program Investigation

    Source: US State of California

    A Texas couple who failed to disclose assets in Dubai and Pakistan waived their bankruptcy discharge of more than $14.6 million in unsecured debt after an investigation by the Department of Justice’s U.S. Trustee Program (USTP).

    On May 30, the Bankruptcy Court for the Northern District of Texas approved a waiver of discharge by chapter 7 debtors Hasan Farid Hashmi and Umme Salma Hashmi. As a result, the Hashmis remain personally liable for their debts, and creditors are free to pursue payment from them after the case is closed.

    “The bankruptcy system depends on transparency,” said Lisa Lambert, U.S. Trustee for Region 6, which includes the Northern District of Texas. “Debtors who intentionally undermine that system should not receive the benefit of a fresh start.”

    The Hashmis filed for bankruptcy in September 2023 after the closure of several Texas hospitals owned by Hasan Hashmi, a physician. Among their assets, the couple listed a $2 million Dallas home as their only real estate and two American bank accounts with small balances. They also disclosed that they had established a trust for their descendants — which Dr. Hashmi managed as trustee — but claimed no interest in the trust’s assets as owners or beneficiaries. An investigation by the USTP’s Dallas office, however, revealed that the Hashmis owned several other properties and bank accounts in Dubai and Pakistan and that they used funds from the trust to pay personal expenses.

    In February 2024, the USTP filed a complaint seeking to bar the Hashmis’ bankruptcy discharge for making false oaths; concealing assets; failing to maintain financial records; failing to cooperate with the chapter 7 trustee’s document requests; and refusing to obey a court order requiring the Hashmis to comply with the U.S. Trustee’s document requests. One day before trial, the Hashmis agreed to waive their discharge.

    The USTP’s mission is to promote the integrity and efficiency of the bankruptcy system for the benefit of all stakeholders — debtors, creditors and the public. The USTP consists of 21 regions with 88 field offices nationwide and an Executive Office in Washington, D.C. Learn more about the USTP at www.justice.gov/ust. 

    MIL OSI USA News

  • MIL-OSI Security: Debtors Who Failed to Disclose Foreign Assets Lose Bankruptcy Discharge After U.S. Trustee Program Investigation

    Source: United States Attorneys General

    A Texas couple who failed to disclose assets in Dubai and Pakistan waived their bankruptcy discharge of more than $14.6 million in unsecured debt after an investigation by the Department of Justice’s U.S. Trustee Program (USTP).

    On May 30, the Bankruptcy Court for the Northern District of Texas approved a waiver of discharge by chapter 7 debtors Hasan Farid Hashmi and Umme Salma Hashmi. As a result, the Hashmis remain personally liable for their debts, and creditors are free to pursue payment from them after the case is closed.

    “The bankruptcy system depends on transparency,” said Lisa Lambert, U.S. Trustee for Region 6, which includes the Northern District of Texas. “Debtors who intentionally undermine that system should not receive the benefit of a fresh start.”

    The Hashmis filed for bankruptcy in September 2023 after the closure of several Texas hospitals owned by Hasan Hashmi, a physician. Among their assets, the couple listed a $2 million Dallas home as their only real estate and two American bank accounts with small balances. They also disclosed that they had established a trust for their descendants — which Dr. Hashmi managed as trustee — but claimed no interest in the trust’s assets as owners or beneficiaries. An investigation by the USTP’s Dallas office, however, revealed that the Hashmis owned several other properties and bank accounts in Dubai and Pakistan and that they used funds from the trust to pay personal expenses.

    In February 2024, the USTP filed a complaint seeking to bar the Hashmis’ bankruptcy discharge for making false oaths; concealing assets; failing to maintain financial records; failing to cooperate with the chapter 7 trustee’s document requests; and refusing to obey a court order requiring the Hashmis to comply with the U.S. Trustee’s document requests. One day before trial, the Hashmis agreed to waive their discharge.

    The USTP’s mission is to promote the integrity and efficiency of the bankruptcy system for the benefit of all stakeholders — debtors, creditors and the public. The USTP consists of 21 regions with 88 field offices nationwide and an Executive Office in Washington, D.C. Learn more about the USTP at www.justice.gov/ust

    MIL Security OSI

  • MIL-OSI USA: Cramer, Alsobrooks Lead Bipartisan Effort to Permanently Add Secretary of Agriculture to CFIUS

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)

    WASHINGTON, D.C. – U.S. Senator Kevin Cramer (R-ND), member of the Senate Armed Services and Banking Housing and Urban Affairs Committees, and U.S. Senators Angela Alsobrooks (D-MD), Cynthia Lummis (R-WY), and John Fetterman (D-PA) introduced bipartisan legislation to strengthen food and national security. A companion bill passed the U.S. House of Representatives Financial Services Committee and the U.S. House of Representatives unanimously.

    The Agricultural Risk Review Act codifies a key plank of the Trump administration’s National Farm Security Action Plan by permanently adding the Secretary of Agriculture to the Committee on Foreign Investment in the United States (CFIUS) for agriculture transactions. CFIUS is an interagency committee tasked with reviewing transactions involving foreign investment in the United States to determine the national security implications. 

    “We’ve made tremendous progress over the last few years in our efforts to safeguard our agricultural systems and food supply chains against adversaries,” said Cramer. “After Grand Forks’ experience with Fufeng, we now know how essential it is to add the Secretary of Agriculture to CFIUS. Foreign land purchases, especially near sensitive sites, are a threat to both our national and food security. Republicans and Democrats both understand the importance of protecting food supply chains. President Trump was right to put Secretary Rollins on CFIUS. I look forward to making his effort permanent with the Agricultural Risk Review Act.”

    “Formalizing the Secretary of Agriculture’s role in the Committee on Foreign Investment in the United States is critical to our national security,” said Alsobrooks.Maryland is home to many vital, sensitive sites including Fort Meade, Patuxent River Naval Air Station, Camp David, and more. I will do everything in my power to make sure these locations are safe from foreign adversaries so that Maryland’s agricultural communities can remain resilient and continue to support our nation’s food security.”

    “Now more than ever, it is imperative we protect our farmland and secure our food supply,” said Lummis. “This commonsense legislation ensures the Secretary of Agriculture has a seat on the committee that reviews foreign acquisitions of American land and gives the secretary a voice when it comes to safeguarding our agriculture industry. Farm and food security are national security, and I am proud to join my colleagues in protecting Wyoming land and agriculture.”  

    “Food security is national security,” said Fetterman. “The bipartisan Agriculture Risk Review Act finally locks in what I’ve said before: the Agriculture Secretary belongs at the CFIUS table every time a deal touches our farms, our food supply, or the businesses that keep them moving. The White House directive is a good start, but this bill makes it permanent because safeguarding our fields and our food shouldn’t depend on who’s sitting in the Oval Office. I’ll keep working to limit CCP and other adversary investment in our nation’s farmland.”

    “Senator Cramer understands that food security is national security,” said Ethan Lane, Senior Vice President of Government Affairs for National Cattleman’s Beef Association. “The cattle industry greatly appreciates his leadership to ensure our food security by adding the Secretary of Agriculture to CFIUS. This is a critical step in protecting American farm and ranch land from foreign actors.”

    In 2021, the Chinese Fufeng Group purchased 370 acres of land for a wet-corn milling plant 12 miles from Grand Forks Air Force Base (GFAFB). Cramer was a vocal opponent of the purchase due to national security concerns, given the food manufacturer’s ties to the Chinese Communist Party and the sensitive work performed at the base. He requested CFIUS review the investment, however the committee ultimately concluded it lacked the legal jurisdiction to make a determination, regardless of the merits of the case. In a January 2023 letter, the U.S. Air Force officially asserted the Fufeng project “presents a significant threat to national security with both near- and long-term risks of significant impacts to our operations in the area.”

    Following the Fufeng controversy, CFIUS expanded jurisdiction over GFAFB and seven other bases. The Fiscal Year 2024 Appropriations minibus included language Cramer supported to add the Secretary of Agriculture to CFIUS to review foreign agricultural and biotechnology purchases of national concern.

    Click here for bill text.

    MIL OSI USA News

  • MIL-OSI: MBG token pre-sale sold out in less than 1 hour

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, July 15, 2025 (GLOBE NEWSWIRE) — MultiBank Group reports that its MBG token pre-sale sold out in less than an hour after launch amid high community demand. The initial allocation of 7 million tokens at $0.35 each was fully subscribed through MultiBank.io and Uniswap. The pre-sale attracted a broad base of participants.

    The MBG token is tied to MultiBank Group’s operational performance, including:

    • $35+ billion in daily trading turnover and $29 billion in audited assets.
    • A planned $440 million buyback and burn program.
    • Utility across trading, staking, and tokenized RWAs within the MultiBank ecosystem.

    In addition, MBG is integrated with MultiBank’s core businesses – traditional CFD and FX trading, regulated digital asset exchanges, a $3 billion portfolio of tokenized ultra-luxury real estate, and the forthcoming institutional-grade hybrid crypto-tradfi exchange (MEX).

    According to the project’s documentation, MBG is structured to provide long-term value to holders through its deflationary mechanics, asset backing, and broad utility. Tokenomics include a maximum supply of 500 million tokens, with allocations for staking rewards, ecosystem growth, and a phased release schedule to maintain market stability.

    Commenting on the results, the Multibank’s Chairman Naser Taher stated:

    “The sell-out of our initial MBG Token offering in less than an hour is a decisive validation of our vision. The market has spoken, and it has spoken with speed and conviction.”

    Second and final pre-sale opens soon

    To accommodate the demand, MultiBank Group confirms a second and final pre-sale of the MBG token ahead of the Token Generation Event (TGE) scheduled for July 22. This phase offers 3 million additional tokens at $0.35 each.

    For more information and to join the second pre-sale, visit this page.

    About MultiBank Group

    MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group is regulated by 17+ top-tier financial authorities across five continents. Its award-winning platforms provide up to 500:1 leverage across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance. For more information, users can visit MultiBank Group’s website.

    Contact
    Mr.Nikolas Neofytou
    nikolas.neofytou@multib

    Disclaimer: This content is provided by MultiBank Group. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9b3e87c0-fb41-4b39-baf8-8dcf1a8c41f5

    The MIL Network

  • MIL-OSI Security: One Los Angeles County Sheriff’s Deputy Charged, Another Pleads Guilty to Conspiring to Violate Civil Rights While Providing Off-Duty Security for Clients

    Source: US FBI

    LOS ANGELES – Federal prosecutors today secured a guilty plea from a Los Angeles County Sheriff’s Department (LASD) deputy and charged and filed a plea agreement with another LASD deputy – both of whom used their positions in law enforcement while acting as private security for their off-duty clients, including a now-jailed cryptocurrency businessman who proclaimed himself “The Godfather.” 

    David Anthony Rodriguez, 43, of La Verne, pleaded guilty today to one count of conspiracy against rights.

    Relatedly, Christopher Michael Cadman, 33, of Fullerton, agreed to plead guilty to a two-count information charging him with conspiracy against rights and subscribing to a false tax return. Cadman, who will face up to 13 years in federal prison at his sentencing hearing after he pleads guilty, is expected to make his initial appearance in United States District Court in the coming days.

    Rodriguez and Cadman formerly were employed by Adam Iza, 24, who resided in Beverly Hills and Newport Beach, a cryptocurrency businessman who has been in federal custody since September 2024. Iza pleaded guilty on January 30 to one count of conspiracy against rights, one count of wire fraud, and one count of tax evasion. His sentencing hearing is scheduled for December 15.

    According to court documents, in August 2021, Cadman and a law enforcement officer identified as “LASD Deputy 6” intimidated and threatened a victim who was one of Iza’s adversaries. LASD Deputy 6 held the victim at gunpoint during a meeting at Iza’s office inside his Bel Air mansion. Immediately afterward, the victim transferred approximately $25,000 from his bank account to Iza’s bank account in response to the threat and demand.

    In September 2021, Cadman and other law enforcement officers orchestrated a traffic stop in Paramount to arrest the same victim. Cadman admitted in his plea agreement to helping organize the traffic stop and arrest on Iza’s behalf and to receiving cash payments while he worked for Iza.

    Cadman also received income he knowingly failed to report – at least $40,500 – on his 2021 federal tax return, which he signed and filed with the IRS in February 2022. Cadman admitted to owing approximately $11,000 in federal taxes for that year.

    In a separate plea agreement, Rodriguez admitted to using his powers as a law enforcement officer in July 2022 to improperly obtain a court-authorized search warrant, lying to a judge that it was related to a robbery investigation, to obtain GPS location information associated with another victim’s cellular phone on behalf of a client – other than Iza – who hired Rodriguez as a private security guard. 

    After securing the GPS location information for the victim’s phone, Rodriguez shared the coordinates with co-conspirators, including Eric Chase Saavedra, 42, of Chino, an LASD deputy and former federal task force officer who ran a private security company, who pleaded guilty on February 6 to one count of conspiracy against rights and one count of subscribing to a false tax return. LASD deputies and other co-conspirators would use information obtained from the court-authorized search warrant to harass, threaten, and intimidate the victim.

    Saavedra, who is free on $50,000 bond, is expected to be sentenced in the coming months.

    United States District Judge Percy Anderson scheduled a November 10 sentencing hearing for Rodriguez, who faces a statutory maximum sentence of 10 years in federal prison.

    The FBI and IRS Criminal Investigation are investigating this matter. The Los Angeles County Sheriff’s Department has assisted.

    Assistant United States Attorney Maxwell K. Coll of the Cyber and Intellectual Property Crimes Section is prosecuting these cases.

    MIL Security OSI

  • MIL-OSI: Calian Receives Dual Recognition for Excellence and Culture from Iconic Media Brands

    Source: GlobeNewswire (MIL-OSI)

    OTTAWA, Ontario, July 15, 2025 (GLOBE NEWSWIRE) — Calian Group Ltd. (TSX: CGY), a mission-critical solutions company focused on defence, space, healthcare and other strategic infrastructure sectors, is proud to announce two major honours recognizing its dedication to excellence and a thriving workplace culture. TIME Magazine has included Calian in its inaugural 2025 list of Canada’s Best Companies, while Forbes announced today the company as one of Canada’s Best Employers for Company Culture.

    These prestigious recognitions underline Calian’s momentum as a leader in delivering mission-critical solutions across defence, space and health industries, while also building an empowering, supportive culture that fuels its success.

    “These honours highlight what makes Calian thrive—our people,” said Kevin Ford, CEO of Calian. “Our 5,000-strong global team lives our values every day, building not just a company, but a community committed to impact. With momentum across key industries and a strong team behind us, we’re on a clear path forward—combining purpose with progress as we grow, innovate, and continue delivering for our customers and communities.”

    The TIME Magazine recognition focused on company metrics over the last three years, including employee satisfaction, revenue growth and sustainability transparency, underscoring Calian’s steadfast commitment to driving meaningful outcomes for its employees, clients and the environment. Forbes’ recognition for company culture, based on employee feedback from across Canada, spotlights Calian as an industry leader that fosters inclusion, collaboration and excellence.

    “We recognize that employees are what make Calian a high-performing, innovative company. Our people are the backbone of everything we do,” said Sue Ivay, Chief Human Resources Officer, Calian. “Their expertise, dedication and shared drive for excellence are the reasons these recognitions are possible. Whether we are prioritizing learning and professional growth, engaging with our customers, or delivering solutions when failure is not an option, it is our people who set us apart.”

    These accomplishments reflect Calian’s motivation for focusing on diversity, equity, inclusion and belonging to better serve our communities. Creating a workplace where individuals can grow, collaborate, and succeed, while continuing to deliver the critical mission-driven outcomes that our clients expect.

    For more on life at Calian and our mission to help the world communicate, innovate, learn and lead safe and healthy lives, visit www.calian.com.

    About Calian

    For over 40 years, Calian has delivered mission-critical solutions when failure is not an option. Trusted worldwide, we empower organizations in critical industries to overcome obstacles, manage risks and drive progress. By combining the expertise of our people, proven industry insight, cutting-edge technology, bold innovation, and global reach, we deliver tailored solutions that solve complex challenges. Headquartered in Ottawa, Canada, with over 5,000 people around the world, Calian’s solutions protect lives, strengthen security, foster global connectivity and drive economic progress, making a lasting impact where and when it matters most. 

    www.calian.com

    Product or service names mentioned herein may be the trademarks of their respective owners.

    Media inquiries:

    media@calian.com

    613-599-8600

    Investor Relations inquiries:

    ir@calian.com

    —————————————————————————–

    DISCLAIMER

    Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Such statements are generally accompanied by words such as “intend”, “anticipate”, “believe”, “estimate”, “expect” or similar statements. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; scarce number of qualified professionals; the impact of rapid technological and market change; loss of business or credit risk with major customers; technical risks on fixed price projects; general industry and market conditions and growth rates; international growth and global economic conditions, and including currency exchange rate fluctuations; and the impact of consolidations in the business services industry. For additional information with respect to certain of these and other factors, please see the Company’s most recent annual report and other reports filed by Calian with the Ontario Securities Commission. Calian disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them.

    Calian · Head Office · 770 Palladium Drive · Ottawa · Ontario · Canada · K2V 1C8
    Tel: 613.599.8600 · Fax: 613-592-3664 · General info email: info@calian.com

    The MIL Network

  • MIL-OSI: Fortinet Recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for SASE Platforms

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it has been recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for SASE Platforms and ranked #1 in the Secure Branch Network Modernization use case in the accompanying Gartner Critical Capabilities for SASE Platforms report, which Fortinet believes underscores its ability to converge advanced secure SD‑WAN, universal ZTNA, and AI-Powered threat protection into a single, flexible solution.

    “We are honored to be recognized as a Leader in the 2025 Gartner Magic Quadrant for SASE Platforms and believe this recognition validates our commitment to organic innovation—building a unified, AI-powered platform that spans all SASE use cases,” said Nirav Shah, Senior Vice President of Products and Solutions at Fortinet. “We believe being positioned in the Leaders quadrant in the 2025 Gartner Magic Quadrant for SASE Platforms affirms our strategy of blending proven secure SD‑WAN, universal ZTNA, and AI‑powered threat protection under a single operating system, FortiOS, and one license for added simplicity and faster ROI.”

    The most unified, flexible, and intelligent SASE platform
    This latest recognition, in Fortinet’s view, validates its unified‑platform strategy for secure digital acceleration. It follows Fortinet’s acknowledgement as a Leader in the 2024 Gartner Magic Quadrant for SD‑WAN for the fifth consecutive year—where it was positioned highest for Ability to Execute—as well as being named a 2024 Gartner Peer Insights™ Customers’ Choice for Security Service Edge (SSE), and a 2025 Customers’ Choice for SD-WAN and Zero Trust Network Access (ZTNA).

    Fortinet Unified SASE is built natively on FortiOS, delivering consistent security and user experience from campus to cloud to remote users through a single-vendor platform. Fortinet’s tightly integrated approach enables centralized management through one console and one agent, reducing complexity while streamlining policy enforcement and deployment. Fortinet offers over 160 points-of-presence (PoPs) and simplified licensing tiers to meet customer needs. Monthly product innovations, including AI-driven security workflows, keep the platform ahead of evolving threats and business needs.

    Powering High-Performance Branch Experiences and Sovereign SASE at Global Scale

    Fortinet believes the recognition in Secure Branch Network Modernization use case in the Gartner Critical Capabilities for SASE Platforms report also underscores the company’s strength in helping customers replace legacy architectures like MPLS with a simplified, high-performance branch experience. Organizations can rapidly deploy new sites using zero-touch provisioning and centralized orchestration, significantly reducing the time and effort typically required to roll out branch locations. By converging networking and security at the edge, Fortinet empowers IT teams to deliver secure, scalable access with reduced operational overhead and lower total cost of ownership with seamless integration between secure SD-WAN and SSE that can be completed in minutes.

    Fortinet continues to differentiate itself in a fast-growing market projected by Gartner to exceed $28.5 billion by 2028, with ongoing investment in its global SASE infrastructure, simplified packaging, and partner enablement. These efforts reflect Fortinet’s commitment to helping customers, channel partners, and service providers capitalize on the growing demand for hybrid work security, branch modernization, and the ability meet data sovereignty needs for regulated industries like finance, healthcare, and government.

    Analyst and Customer Validation
    Fortinet’s Leader position in SASE adds to the company’s broader recognition across the cybersecurity industry, including being acknowledged in 11 Gartner Magic Quadrant reports spanning security and networking. In addition to being named a Leader in the Magic Quadrant for both SASE Platforms and SD-WAN, Fortinet remains the only vendor recognized as a Customers’ Choice across all core components of SASE—SD-WAN, SSE, and ZTNA—according to Gartner Peer Insights™. Fortinet believes these distinctions further validate Fortinet’s Security Fabric platform strategy and its ability to unify security and networking across every edge.

    Additional Resources

    Note for Gartner Peer Insights™: Reviews from vendor partners or end users of companies with less than $50M in revenue are excluded from this methodology. See the full “Voice of the Customer” methodology.

    Gartner and Peer Insights are trademarks of Gartner, Inc. and/or its affiliates. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

    GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

    Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    Gartner, Forecast Analysis: Secure Access Service Edge, Worldwide, By Charanpal Bhogal, Charlie Winckless, Neil MacDonald, Andrew Lerner, John Watts, Shailendra Upadhyay, Christian Canales, Marissa Schmidt, Jonathan Forest, 05 February 2025

    Gartner, Magic Quadrant for Secure Access Service Edge (SASE), By Jonathan Forest, Neil MacDonald, Dale Koeppen, 9 July 2025

    Gartner, Critical Capabilities for SASE Platforms, By Jonathan Forest, Andrew Lerner, Charlie Winckless, 14 July 2025

    Gartner, Magic Quadrant for Security Service Edge, By Charlie Winckless, Thomas Lintemuth, Dale Koeppen, Charanpal Bhogal, 20 May 2025

    Gartner, Magic Quadrant for Data Center Switching, By Andrew Lerner, Simon Richard, Nauman Raja, Jorge Aragon, Jonathan Forest, 31 March 2025

    Gartner, Magic Quadrant for Cyber-Physical Systems Protection Platforms, By Katell ThielemannWam VosterRuggero Contu, 12 February 2025

    Gartner, Magic Quadrant for Email Security Platforms, By Max Taggett, Nikul Patel, Franz Hinner, Deepak Mishra, 16 December 2024

    Gartner, Magic Quadrant for Access Management, By Brian Guthrie, Nathan Harris, Abhyuday Data, Josh Murphy, 2 December 2024

    Gartner, Magic Quadrant for SD-WAN, By Jonathan Forest, Karen Brown, Nauman Raja, 30 September 2024

    Gartner, Magic Quadrant for Endpoint Protection Platforms, By Evgeny Mirolyubov, Franz Hinner, Deepak Mishra, Satarupa Patnaik, Chris Silva, 23 September 2024

    Gartner, Magic Quadrant for Privileged Access Management, By Abhyuday DataMichael KelleyNayara SangiorgioFelix GaehtgensPaul Mezzera, 9 September 2024

    Gartner, Magic Quadrant Security Information and Event Management, By Andrew Davies, Mitchell Schneider, Rustam Malik, Eric Ahlm, 8 May 2024

    Gartner, Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure, By Mike Leibovitz, Christian Canales, Nauman Raja, Tim Zimmerman, 25 June 2025

    Note: Fortinet acquired Perception Point in December 2024. Perception Point was recognized in the 2024 Magic Quadrant for Email Security Platforms

    “Fortinet was recognized in 11 different Magic Quadrant reports including being named an Honorable Mention in Magic Quadrant for Data Center Switching, for Access Management, and for Privileged Access Management.”

    Gartner, Voice of the Customer for Security Service Edge, Peer Contributors, 27, September 2024. Gartner, Voice of the Customer for Security Service Edge, Peer Contributors, 29, September, 2023

    Gartner, “Voice of the Customer for SD-WAN,” Peer Contributors, 25 June 2025.

    Gartner, Gartner Peer Insights™ ‘Voice of the Customer’: SD-WAN, Peer Contributors, 2025, 2024, & 2023

    Gartner, Gartner Peer Insights™ ‘Voice of the Customer’: WAN Edge Infrastructure, Peer Contributors, 2022, 2021 & 2020

    Gartner, Gartner Peer Insights™ Voice of the Customer for Zero Trust Networking, 24, February 2025

    About Fortinet
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAgent, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiEndpoint FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSEC, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network

  • MIL-OSI USA: Feenstra Leads Legislation to Support Rural Behavioral Health by Fully Funding Farm and Ranch Stress Assistance Network

    Source: United States House of Representatives – Representative Randy Feenstra (IA-04)

    WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) introduced the Farmers First Act, which would expand and improve behavioral health services in rural communities and connect those in times of crisis with trained medical professionals to receive the personalized care that they need.

    This legislation would reauthorize the Farm and Ranch Stress Assistance Network (FRSAN), increase funding to a total of $15,000,000 annually over the next five years, and allow FRSAN regional centers to establish referral connections with certified community behavioral health clinics, critical access hospitals, and rural health centers.

    “Agriculture is the economic engine of Iowa, and our farmers and producers work long hours and make unseen sacrifices to feed and fuel our country and the world. Those sacrifices can take a toll on our farm producers, especially when commodity prices tumble or severe weather destroys crops,” said Rep. Feenstra. “It’s why I’m glad to lead legislation to fully fund the Farm and Ranch Stress Assistance Network, providing farmers with real support in times of crisis. I will always stand with our producers and ensure that they have access to the high-quality healthcare they deserve.”

    “Dairy farmers routinely endure volatile economic environments that are naturally cause for emotional stress. The Farm and Ranch Stress Assistance Network provides vital resources that can support producers and their families during times of crisis. We commend Representative Randy Feenstra and Ranking Member Angie Craig for leading the bipartisan Farmers First Act to continue and strengthen FRSAN for the betterment of all farmers and rural communities,” said Gregg Doud, President and CEO of the National Milk Producers Federation.

    “On behalf of over 60,000 pork producers nationwide, we commend Congressman Feenstra and Ranking Member Craig for addressing the critical issue of mental and behavioral health in agriculture. As farmers and ranchers, we face unique stressors that are often beyond our control. By prioritizing these resources, we can strengthen the resilience of rural communities and ensure long-term support for both producers today and future generations,” said Duane Stateler, President of National Pork Producers Council.

    “Farmers face incredible stressors in their day-to-day work and often feel as though the weight of the world rests on their shoulders as they navigate tough times while maintaining farms that have been passed down through multiple generations of family members,” said Kenneth Hartman Jr., Illinois farmer and President of the National Corn Growers Association. “Yet, they often find it hard to access the mental health tools they need to cope with these challenges. That’s why we are deeply appreciative for the sponsors of this legislation for working to extend mental health resources to growers through this important legislation.”

    “From trade uncertainty to labor shortages and natural disasters, many stressors are weighing heavily on the minds of farmers and ranchers. Resources supported through the Farm and Ranch Stress Assistance Network are more critical now than at any time in recent memory. Farm Bureau appreciates Representatives Craig and Feenstra, as well as Senators Baldwin and Ernst for their tireless commitment to supporting farmer and rancher mental health across the country,” said Sam Kieffer, Vice President of Public Policy at the American Farm Bureau Federation.

    “U.S. soybean farmers face serious pressures, from the impacts of ongoing tariffs to looming, unscientific threats to crop protection tools and seed oils. These policy and market challenges take a toll, not just financially, but mentally. Mental health remains an often-unspoken crisis in rural communities, and ASA is committed to addressing it head-on. The Farmers First Act of 2025 would provide critical support by reauthorizing the Farm and Ranch Stress Assistance Network and strengthening mental health resources farmers can count on. We thank Representative Feenstra for championing this legislation and standing with farm families,” said Caleb Ragland, President of the American Soybean Association and soybean farmer from Magnolia, Kentucky.

    “Farmers and ranchers across the United States face unique and extreme stresses in their work to feed, fuel, and clothe the world. NASDA applauds the bipartisan Farmers First Act, which bolsters access to critical mental health resources through the Farm and Ranch Stress Assistance Network. State departments of agriculture play an important role in coordinating FRSAN operations and NASDA looks forward to continuing to support these invaluable activities,” said Ted McKinney, Chief Executive Officer of the National Association of State Departments of Agriculture.

    “When farmers struggle, ag retailers feel it too—financially, emotionally, and as part of the same rural fabric. The Farmers First Act recognizes that mental health is a shared concern in agriculture, and strengthening the Farm and Ranch Stress Assistance Network helps support not just our customers, but our communities and our own teams as well,” said Hunter Carpenter, Senior Director of Public Policy at the Agricultural Retailers Association.

    “The Farmer Veteran Coalition strongly supports the reauthorization of the Farmers First Act. Expanding and strengthening the Farm and Ranch Stress Assistance Network is essential to ensuring farmers, ranchers have access to the mental health resources they need to thrive. We commend Representatives Feenstra and Craig, as well as Senators Baldwin and Ernst, for their bipartisan leadership in prioritizing the well-being of those who feed our nation. This bill will provide critical support for agricultural producers facing stress, isolation, and mental health challenges, and we urge swift passage this Congress,” said Jeanette Lombardo, Chief Executive Officer of the Farmer Veteran Coalition.

    “The National Rural Health Association (NRHA) applauds Congressman Feenstra and Ranking Member Craig for their leadership on ensuring access to mental health care for rural agricultural communities. The Farmers First Act supports the continuation of the Farm and Ranch Stress Assistance Network, expanding the network of rural providers to deliver critical services to farming and ranching populations. We look forward to working with Congress to continue bringing much-needed resources to our agricultural populations,” said Alan Morgan, Chief Executive Officer of the National Rural Health Association.

    “Farmers in rural communities face unique mental health and substance use challenges, often with limited access to care,” said Chuck Ingoglia, President and CEO of the National Council for Mental Wellbeing. “The reintroduction of the Farmer’s First Act by Representatives Feenstra and Craig is a meaningful step toward expanding access to high-quality behavioral health services in agricultural communities. By supporting programs that leverage proven models like Certified Community Behavioral Health Clinics (CCBHCs), this bill will help ensure that farmers and their families can access comprehensive, coordinated care no matter where they live.”

    “Farming and the financial insecurity associated with farming can be very stressful. Farmers dealing with stress-related mental health challenges often feel stigmatized if they seek help, which only compounds the problem. We applaud Representatives Feenstra (R-IA) and Craig (D-MN) and Senators Baldwin (D-WI) and Ernst (R-IA) for their bipartisan leadership in introducing the Farmers First Act to increase resources available to farmers and rural communities to address mental health challenges,” said Steve Etka, Policy Director, Midwest Dairy Coalition

    “Farmers are daily facing the changing and unpredictable weather patterns that can devastate the best laid plans. They must deal with rising cost of inputs, uncertainty about trade, uncertainty about support services, uncertainty about the role of the USDA and managing difficult financial decisions against a backdrop of uncertainty around the domestic economy. Organic dairy farmers care for the environment, care for their livestock and for the health and welfare of their family and their customers every day. Dairy farming is many times a solitary occupation and farmers need access to all the resources possible to deal with the stress and uncertainty in their lives. We wholeheartedly support the Farmers First Act and all the assistance it can provide to care for our farm families,” said Ed Maltby, Executive Director of the Northeast Organic Dairy Producers Alliance.

    “Ensuring sufficient access to evidence-based mental health services continues to be a challenge in many rural and agricultural communities, in many cases a challenge that has endured over generations,” said Arthur C. Evans Jr., CEO of the American Psychological Association Services, Inc. (APA Services). “The Farm and Ranch Stress Assistance Network program continues to be a lifeline to many of these communities. APA Services applauds Representatives Feenstra and Craig and Senators Baldwin and Ernst for their efforts to ensure adequate mental health resources in rural communities, and we ask Congress to swiftly enact the Farmers First Act.”

    “Any farmer will tell you—agriculture is an incredibly demanding and often stressful profession, especially during times of economic hardship. Tragically, suicide rates among farmers are two to five times higher than the national average. One of the biggest challenges in addressing this crisis is the persistent stigma around mental health in rural communities, which too often prevents individuals from seeking help. NAWG is deeply grateful to Congressman Feenstra for his leadership on this critical legislation and for his unwavering commitment to expanding access to mental health resources for farmers and rural communities across the country,” said Chandler Goule, Chief Executive Officer of the National Association of Wheat Growers.

    “The Farm and Ranch Stress Assistance Network helps provide essential support to our nation’s producers” said Doug O’Brien, President and CEO of the National Cooperative Business Association. “The National Cooperative Business Association applauds the bipartisan leadership to increase access to mental health services for rural communities while providing a critical lifeline to our farmers and ranchers”

    “The Organic Trade Association applauds Congressman Feenstra for recognizing that a healthy farm system begins with healthy farmers,” said Matthew Dillon, Co-CEO of the Organic Trade Association. “We proudly support the Farmers First Act which safeguards the well-being of farmers.”

    “Farming is a stressful job, even in good times, and rural residents often face unique barriers to seeking mental health care,” said Christy Seyfert, Farm Credit Council President and CEO. “FRSAN brings valuable stress assistance services and expertise to the farm and ranch communities most in need of resources. Farm Credit commends Ranking Member Craig, Representative Feenstra, and Senators Baldwin and Ernst for their leadership on the Farmers First Act.”

    “Since it was funded in the 2018 Farm Bill, the Farm and Ranch Stress Assistance Network (FRSAN) has been an essential lifeline for farmers, ranchers and farmworkers, who face increased levels of stress and often lack access to mental health support services,” said Hannah Tremblay, Farm Aid’s Policy & Advocacy Manager. “Farm Aid enthusiastically supports the Farmers First Act of 2025 which continues the crucial work of the FRSAN to support and strengthen the agricultural workers we all depend upon. Importantly, the increased funding will allow for deeper support networks and increased outreach to underserved farmers and agricultural workers. As farmers struggle with an uncertain farm economy, FRSAN is now more critical than ever.”

    “We are grateful to Representatives Randy Feenstra and Angie Craig for reaffirming the clear and present need for increased funding of the Farm and Ranch Stress Assistance network. Many reasons exist for ongoing farm stress and mental health challenges for farmers and farm workers. Continued FRSAN funding is essential to ensure critical support services and programming reach populations where the need is great, and resources are often limited,” said David Howard, Policy Development Director at Young Farmers.

    “Farming can be incredibly stressful, and too many rural communities still don’t have the mental health support they need,” said Rob Larew, President of National Farmers Union. “The Farmers First Act will help get essential resources to farmers who are struggling. We thank Representatives Feenstra and Craig and Senators Baldwin and Ernst for leading the charge and urge Congress to reauthorize FRSAN with increased funding.”

    ###

    MIL OSI USA News

  • MIL-OSI USA: Feenstra Leads Legislation to Support Rural Behavioral Health by Fully Funding Farm and Ranch Stress Assistance Network

    Source: United States House of Representatives – Representative Randy Feenstra (IA-04)

    WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) introduced the Farmers First Act, which would expand and improve behavioral health services in rural communities and connect those in times of crisis with trained medical professionals to receive the personalized care that they need.

    This legislation would reauthorize the Farm and Ranch Stress Assistance Network (FRSAN), increase funding to a total of $15,000,000 annually over the next five years, and allow FRSAN regional centers to establish referral connections with certified community behavioral health clinics, critical access hospitals, and rural health centers.

    “Agriculture is the economic engine of Iowa, and our farmers and producers work long hours and make unseen sacrifices to feed and fuel our country and the world. Those sacrifices can take a toll on our farm producers, especially when commodity prices tumble or severe weather destroys crops,” said Rep. Feenstra. “It’s why I’m glad to lead legislation to fully fund the Farm and Ranch Stress Assistance Network, providing farmers with real support in times of crisis. I will always stand with our producers and ensure that they have access to the high-quality healthcare they deserve.”

    “Dairy farmers routinely endure volatile economic environments that are naturally cause for emotional stress. The Farm and Ranch Stress Assistance Network provides vital resources that can support producers and their families during times of crisis. We commend Representative Randy Feenstra and Ranking Member Angie Craig for leading the bipartisan Farmers First Act to continue and strengthen FRSAN for the betterment of all farmers and rural communities,” said Gregg Doud, President and CEO of the National Milk Producers Federation.

    “On behalf of over 60,000 pork producers nationwide, we commend Congressman Feenstra and Ranking Member Craig for addressing the critical issue of mental and behavioral health in agriculture. As farmers and ranchers, we face unique stressors that are often beyond our control. By prioritizing these resources, we can strengthen the resilience of rural communities and ensure long-term support for both producers today and future generations,” said Duane Stateler, President of National Pork Producers Council.

    “Farmers face incredible stressors in their day-to-day work and often feel as though the weight of the world rests on their shoulders as they navigate tough times while maintaining farms that have been passed down through multiple generations of family members,” said Kenneth Hartman Jr., Illinois farmer and President of the National Corn Growers Association. “Yet, they often find it hard to access the mental health tools they need to cope with these challenges. That’s why we are deeply appreciative for the sponsors of this legislation for working to extend mental health resources to growers through this important legislation.”

    “From trade uncertainty to labor shortages and natural disasters, many stressors are weighing heavily on the minds of farmers and ranchers. Resources supported through the Farm and Ranch Stress Assistance Network are more critical now than at any time in recent memory. Farm Bureau appreciates Representatives Craig and Feenstra, as well as Senators Baldwin and Ernst for their tireless commitment to supporting farmer and rancher mental health across the country,” said Sam Kieffer, Vice President of Public Policy at the American Farm Bureau Federation.

    “U.S. soybean farmers face serious pressures, from the impacts of ongoing tariffs to looming, unscientific threats to crop protection tools and seed oils. These policy and market challenges take a toll, not just financially, but mentally. Mental health remains an often-unspoken crisis in rural communities, and ASA is committed to addressing it head-on. The Farmers First Act of 2025 would provide critical support by reauthorizing the Farm and Ranch Stress Assistance Network and strengthening mental health resources farmers can count on. We thank Representative Feenstra for championing this legislation and standing with farm families,” said Caleb Ragland, President of the American Soybean Association and soybean farmer from Magnolia, Kentucky.

    “Farmers and ranchers across the United States face unique and extreme stresses in their work to feed, fuel, and clothe the world. NASDA applauds the bipartisan Farmers First Act, which bolsters access to critical mental health resources through the Farm and Ranch Stress Assistance Network. State departments of agriculture play an important role in coordinating FRSAN operations and NASDA looks forward to continuing to support these invaluable activities,” said Ted McKinney, Chief Executive Officer of the National Association of State Departments of Agriculture.

    “When farmers struggle, ag retailers feel it too—financially, emotionally, and as part of the same rural fabric. The Farmers First Act recognizes that mental health is a shared concern in agriculture, and strengthening the Farm and Ranch Stress Assistance Network helps support not just our customers, but our communities and our own teams as well,” said Hunter Carpenter, Senior Director of Public Policy at the Agricultural Retailers Association.

    “The Farmer Veteran Coalition strongly supports the reauthorization of the Farmers First Act. Expanding and strengthening the Farm and Ranch Stress Assistance Network is essential to ensuring farmers, ranchers have access to the mental health resources they need to thrive. We commend Representatives Feenstra and Craig, as well as Senators Baldwin and Ernst, for their bipartisan leadership in prioritizing the well-being of those who feed our nation. This bill will provide critical support for agricultural producers facing stress, isolation, and mental health challenges, and we urge swift passage this Congress,” said Jeanette Lombardo, Chief Executive Officer of the Farmer Veteran Coalition.

    “The National Rural Health Association (NRHA) applauds Congressman Feenstra and Ranking Member Craig for their leadership on ensuring access to mental health care for rural agricultural communities. The Farmers First Act supports the continuation of the Farm and Ranch Stress Assistance Network, expanding the network of rural providers to deliver critical services to farming and ranching populations. We look forward to working with Congress to continue bringing much-needed resources to our agricultural populations,” said Alan Morgan, Chief Executive Officer of the National Rural Health Association.

    “Farmers in rural communities face unique mental health and substance use challenges, often with limited access to care,” said Chuck Ingoglia, President and CEO of the National Council for Mental Wellbeing. “The reintroduction of the Farmer’s First Act by Representatives Feenstra and Craig is a meaningful step toward expanding access to high-quality behavioral health services in agricultural communities. By supporting programs that leverage proven models like Certified Community Behavioral Health Clinics (CCBHCs), this bill will help ensure that farmers and their families can access comprehensive, coordinated care no matter where they live.”

    “Farming and the financial insecurity associated with farming can be very stressful. Farmers dealing with stress-related mental health challenges often feel stigmatized if they seek help, which only compounds the problem. We applaud Representatives Feenstra (R-IA) and Craig (D-MN) and Senators Baldwin (D-WI) and Ernst (R-IA) for their bipartisan leadership in introducing the Farmers First Act to increase resources available to farmers and rural communities to address mental health challenges,” said Steve Etka, Policy Director, Midwest Dairy Coalition

    “Farmers are daily facing the changing and unpredictable weather patterns that can devastate the best laid plans. They must deal with rising cost of inputs, uncertainty about trade, uncertainty about support services, uncertainty about the role of the USDA and managing difficult financial decisions against a backdrop of uncertainty around the domestic economy. Organic dairy farmers care for the environment, care for their livestock and for the health and welfare of their family and their customers every day. Dairy farming is many times a solitary occupation and farmers need access to all the resources possible to deal with the stress and uncertainty in their lives. We wholeheartedly support the Farmers First Act and all the assistance it can provide to care for our farm families,” said Ed Maltby, Executive Director of the Northeast Organic Dairy Producers Alliance.

    “Ensuring sufficient access to evidence-based mental health services continues to be a challenge in many rural and agricultural communities, in many cases a challenge that has endured over generations,” said Arthur C. Evans Jr., CEO of the American Psychological Association Services, Inc. (APA Services). “The Farm and Ranch Stress Assistance Network program continues to be a lifeline to many of these communities. APA Services applauds Representatives Feenstra and Craig and Senators Baldwin and Ernst for their efforts to ensure adequate mental health resources in rural communities, and we ask Congress to swiftly enact the Farmers First Act.”

    “Any farmer will tell you—agriculture is an incredibly demanding and often stressful profession, especially during times of economic hardship. Tragically, suicide rates among farmers are two to five times higher than the national average. One of the biggest challenges in addressing this crisis is the persistent stigma around mental health in rural communities, which too often prevents individuals from seeking help. NAWG is deeply grateful to Congressman Feenstra for his leadership on this critical legislation and for his unwavering commitment to expanding access to mental health resources for farmers and rural communities across the country,” said Chandler Goule, Chief Executive Officer of the National Association of Wheat Growers.

    “The Farm and Ranch Stress Assistance Network helps provide essential support to our nation’s producers” said Doug O’Brien, President and CEO of the National Cooperative Business Association. “The National Cooperative Business Association applauds the bipartisan leadership to increase access to mental health services for rural communities while providing a critical lifeline to our farmers and ranchers”

    “The Organic Trade Association applauds Congressman Feenstra for recognizing that a healthy farm system begins with healthy farmers,” said Matthew Dillon, Co-CEO of the Organic Trade Association. “We proudly support the Farmers First Act which safeguards the well-being of farmers.”

    “Farming is a stressful job, even in good times, and rural residents often face unique barriers to seeking mental health care,” said Christy Seyfert, Farm Credit Council President and CEO. “FRSAN brings valuable stress assistance services and expertise to the farm and ranch communities most in need of resources. Farm Credit commends Ranking Member Craig, Representative Feenstra, and Senators Baldwin and Ernst for their leadership on the Farmers First Act.”

    “Since it was funded in the 2018 Farm Bill, the Farm and Ranch Stress Assistance Network (FRSAN) has been an essential lifeline for farmers, ranchers and farmworkers, who face increased levels of stress and often lack access to mental health support services,” said Hannah Tremblay, Farm Aid’s Policy & Advocacy Manager. “Farm Aid enthusiastically supports the Farmers First Act of 2025 which continues the crucial work of the FRSAN to support and strengthen the agricultural workers we all depend upon. Importantly, the increased funding will allow for deeper support networks and increased outreach to underserved farmers and agricultural workers. As farmers struggle with an uncertain farm economy, FRSAN is now more critical than ever.”

    “We are grateful to Representatives Randy Feenstra and Angie Craig for reaffirming the clear and present need for increased funding of the Farm and Ranch Stress Assistance network. Many reasons exist for ongoing farm stress and mental health challenges for farmers and farm workers. Continued FRSAN funding is essential to ensure critical support services and programming reach populations where the need is great, and resources are often limited,” said David Howard, Policy Development Director at Young Farmers.

    “Farming can be incredibly stressful, and too many rural communities still don’t have the mental health support they need,” said Rob Larew, President of National Farmers Union. “The Farmers First Act will help get essential resources to farmers who are struggling. We thank Representatives Feenstra and Craig and Senators Baldwin and Ernst for leading the charge and urge Congress to reauthorize FRSAN with increased funding.”

    ###

    MIL OSI USA News

  • MIL-OSI USA: Donalds Commends USTR For Addressing Fairness In Pharmaceutical Pricing And Putting The American People First

    Source: United States House of Representatives – Representative Byron Donalds (R-FL)

    WASHINGTON – Congressman Byron Donalds (R-FL) joined Congressman Vern Buchanan (R-FL), Congressman Jodey Arrington (R-TX), and thirty-two additional House colleagues in commending the Office of the US Trade Representative for addressing issues of fairness in pharmaceutical pricing and reciprocal trade. Congressman Donalds released the following statement:

    “Our country makes up less than five percent of the world’s population, yet we fund seventy-five percent of the world’s pharmaceutical profits. This is wrong, this is unfair, and this cannot stand. Government must put the American people first and I’m proud to join my colleagues in this critical initiative.”

    Read the full text of the letter here or below:

    Ambassador Jamieson Greer
    United States Trade Representative
    Office of the United States Trade Representative
    600 17th Street NW, Washington DC, 20508

    Dear Ambassador Greer,

    We write to applaud you for demonstrating strong leadership by issuing the “Request for Comments Regarding Foreign Nations Freeloading on American-Financed Innovation” to address discriminatory policies and practices by foreign entities that cause American patients to pay a disproportionate share of the cost of global pharmaceutical research and development (R&D). We believe this is unsustainable because it both threatens the resiliency of the U.S. biopharmaceutical supply chain and increases costs for American patients.

    The American health care system bears the burden of subsidizing pharmaceutical R&D that is used across the world. In fact, despite the U.S. having less than 5 percent of the world’s population, the American patients fund approximately 75 percent of global pharmaceutical profits.

    Pharmaceutical R&D is both a costly and risky endeavor. For example, in 2019, the pharmaceutical industry spent $83 billion on R&D, with $62 billion spent domestically across all companies operating within the U.S. When adjusted for inflation, this is 10 times what the biopharmaceutical industry spent on R&D in the 1980s. In 2023, manufacturers invested over $96 billion in R&D, with over $71 billion in U.S. investments alone. This has led to an increased number of new medicines and potential cures for patients. Yet, only about 10 percent of assets that are in development are ultimately approved by world-wide regulatory bodies, and the expected cost to develop and bring a new drug to market can range from $1 billion to $2 billion.

    The U.S. is the world leader in biopharmaceutical innovation. New medicines are most often developed and launched first in the U.S., including life-saving therapies for cancers and rare diseases. Nearly 90 percent of all medicines launched between 2012 and 2021 were reimbursed in and available to patients in America; however, fewer patients had access to the same medicines abroad—for example, 48 percent of new medicines in the United Kingdom, 24 percent in Australia and 21 percent in Canada. Anti-innovation policies in other countries not only end up costing American patients more, but they threaten global access to medicines and potential cures.

    We are encouraged by USTR’s public comment process on this important issue, and we support utilizing the full force of the U.S. government to ensure other countries appropriately value American innovation. We look forward to working collaboratively with the Executive Branch to address foreign freeloading while ensuring the U.S. remains the clear world leaders when it comes to innovative pharmaceutical products. One Congressional proposal worth considering is the creation of a Chief Pharmaceutical Negotiator within USTR. This role would be specifically tasked with ensuring trade negotiations prioritize reimbursement for innovative medicines and our trading partners are held accountable when they adopt price control measures or other discriminatory practices that shift a disproportionate share of R&D costs back onto American patients.

    The price setting policies that other countries frequently adopt both undervalue medicines in the non-U.S. market and ultimately make life-saving therapies more expensive for U.S. patients. We applaud the Trump Administration for highlighting the impact foreign “freeloaders” have on drug prices for American patients. Simply put: the U.S. should not be forced to subsidize medicine costs for the rest of the world at the expense of American patients.

    Sincerely,

    Vern Buchanan (R-FL) Member of Congress 
    Jodey C. Arrington (R-TX) Member of Congress
    Byron Donalds (R-FL) Member of Congress
    Adrian Smith, (R-NE) Member of Congress
    Aaron Bean (R-FL) Member of Congress
    Nicole Malliotakis (R-NY) Member of Congress
    Charles J. Fleischmann (R-TN) Member of Congress
    Carol D. Miller (R-WV) Member of Congress
    David D. Valadao (R-CA) Member of Congress
    Jeff Crank (R-CO) Member of Congress
    Diana Harshbarger (R-TN) Member of Congress
    Pat Harrigan (R-NC) Member of Congress
    Mike Bost (R-IL) Member of Congress
    Brian K. Fitzpatrick (R-PA) Member of Congress
    Claudia Tenney (R-NY) Member of Congress
    Nathaniel Moran (R-TX) Member of Congress
    Kat Cammack (R-FL) Member of Congress
    Rob Bresnahan Jr. (R-PA) Member of Congress
    Randy Feenstra (R-IA) Member of Congress
    Rich McCormick (R-GA) Member of Congress
    Michelle Fischbach (R-MN) Member of Congress
    Gabe Evans (R-CO) Member of Congress
    Mike Carey (R-OH) Member of Congress
    Max L. Miller (R-OH) Member of Congress
    Tim Moore (R-NC) Member of Congress
    Blake D. Moore (R-UT) Member of Congress
    Rick W. Allen (R-GA) Member of Congress
    Derek Schmidt (R-KS) Member of Congress
    Thomas H. Kean Jr. (R-NJ) Member of Congress
    Darin LaHood (R-IL) Member of Congress
    Don Bacon (R-NE) Member of Congress
    Richard Hudson (R-NC) Member of Congress
    Pete Stauber (R-MN) Member of Congress
    Mark B. Messmer (R-IN) Member of Congress
    Neal P. Dunn (R-FL) Member of Congress

    ###

    MIL OSI USA News

  • MIL-OSI: Baltic Horizon Fund publishes its NAV for June 2025

    Source: GlobeNewswire (MIL-OSI)

    The net asset value (NAV) per unit of the Baltic Horizon Fund (the Fund) increased to EUR 0.6766 at the end of June 2025 (0.6757 as of 31 May 2025). The month-end total net asset value of the Fund was EUR 97.1 million (EUR 97.0 million as of 31 May 2025). The EPRA NRV as of 30 June 2025 stood at EUR 0.7223 per unit.

    In June 2025, the consolidated net rental income of the Fund was EUR 1.0 million (EUR 1.0 million in May 2025). On 5 June 2025, a 3,679.7 sq.m. area in the S27 building was handed over to the anchor tenant, the International School of Riga which will open the premises for the new school year already in September.

    At the end of June 2025, the Fund’s consolidated cash and cash equivalents amounted to EUR 7.1 million (31 May 2025: EUR 7.2 million). As of 30 June 2025, the total consolidated assets of the Fund were EUR 238.8 million (31 May 2025: EUR 238.6 million).

    In alignment with recently implemented various cost-saving measures, the Fund management with the consent of the Fund Supervisory Board opted not to undertake interim property valuations. Management assumes at the same time that the 2025 mid-year fair values of the Fund’s properties would not be materially different from 2024 year-end valuations.

    For additional information, please contact:

    Tarmo Karotam
    Baltic Horizon Fund manager
    E-mail tarmo.karotam@nh-cap.com
    www.baltichorizon.com

    The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. 

    Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

    To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, FacebookX and YouTube.

    The MIL Network

  • MIL-OSI: Siili Solutions Plc: Share Repurchase 15.7.2025

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc       Announcement  15.7.2025
         
         
    Siili Solutions Plc: Share Repurchase 15.7.2025  
         
    In the Helsinki Stock Exchange    
         
    Trade date           15.7.2025  
    Bourse trade         Buy  
    Share                  SIILI  
    Amount             950 Shares
    Average price/ share    6,6200 EUR
    Total cost            6 289,00 EUR
         
         
    Siili Solutions Plc now holds a total of 30 078 shares
    including the shares repurchased on 15.7.2025  
         
    The share buybacks are executed in compliance with Regulation 
    No. 596/2014 of the European Parliament and Council (MAR) Article 5
    and the Commission Delegated Regulation (EU) 2016/1052.
         
    On behalf of Siili Solutions Plc    
         
    Nordea Bank Oyj    
         
    Sami Huttunen Ilari Isomäki  
         
    Further information:    
    CFO Aleksi Kankainen    
    Email: aleksi.kankainen@siili.com    
    Tel. +358 50 584 2029    
         
    www.siili.com    
         

    Attachment

    The MIL Network

  • MIL-OSI Submissions: 3 ways Canadians can take control of their finances in an age of economic uncertainty

    Source: The Conversation – Canada – By Omar H. Fares, Assistant Professor, Faculty of Business, University of New Brunswick

    Canadian consumers are beginning to move from short-term economic concerns to a more persistent mindset of financial precarity, and it’s starting to affect how they live.

    People are delaying major purchases and starting to show signs of subscription fatigue, according to recent findings. One recent survey found that 70 per cent of Canadians are deferring major life decisions, including home ownership and family planning, as a consequence of this sustained economic uncertainty.

    This anxiety is now reflected in broader sentiment. The Bank of Canada’s latest Consumer Expectations Survey found a sharp rise in economic pessimism. About two-thirds of Canadians now anticipate a recession within the year, up from 47 per cent in late 2024.

    Concerns about job security, debt repayment and access to credit are also mounting. For the first time since early 2024, more consumers report cutting back on spending. Home-buying intentions are declining, especially among those expecting a downturn, and an increasing share of mortgage holders plan to reduce expenses ahead of higher renewal payments.

    Consumers are no longer just reacting to inflation or interest rates, but adjusting to the idea that financial uncertainty may be here to stay.

    Why today’s economic anxiety feels different

    While the link between economic uncertainty and reduced spending is well established, what makes today’s situation different is the convergence of multiple pressures facing consumers.

    This includes a challenging job market — particularly for younger Canadians — concerns about the disruptive effects of AI-driven automation, the threat of tariffs from the United States, ongoing global conflicts and the growing cost of living.

    With economic uncertainty now a defining feature of everyday life for many Canadians, the sense of financial precarity is shaping how people think, plan and spend.

    Addressing this new reality will require equipping ourselves with tools and mental habits that can help develop financial stability, even in unpredictable times. Here are three research-backed ways to do this.

    A Global News segment about how half of Canadians are living bill-to-bill.

    1. Budget based on values

    With many people feeling the pinch or uncertainty around money, a more deliberate, values-based approach to personal finance is needed beyond traditional budgeting methods. If you’re looking for more control over your finances, it can help to shift your focus from just tracking where your money goes to making sure it goes where you actually want it to.

    Research in consumer behaviour supports this shift in mindset. Mental accounting, introduced by economist Richard Thaler, explains how people naturally divide their money into mental categories like stability, family or learning. Budgeting then becomes less about cutting back and more about making intentional choices.

    Studies have found that pairing this kind of values-based budgeting with simple practices, such as setting clear goals and automating transfers, can lead to lower spending and more consistent long-term behaviour. The goal is not to manage every dollar perfectly, but to make sure your money aligns with what matters most to you.

    Since values tend to guide sustainable decision-making, a practical starting point is to identify three to five core values, such as financial security, personal development or time with family. Next, review your recent transactions and group them by the value they support. This reframes budgeting as a way to assess whether your current spending aligns with what you consider most important.

    From there, assign a reasonable monthly amount to each category based on your income and fixed obligations. You don’t need to track every detail, but having value-based benchmarks will improve day-to-day choices.

    Renaming categories in your budgeting app or spreadsheet is another important approach. For example, changing “discretionary” to “family time” or “well-being” can reinforce the link between spending and values. Set up automated transfers that reflect your goals; this might include creating a savings buffer, funding education or contributing to a low-risk investment account. Automation helps reduce decision fatigue and supports consistency.

    2. Use pessimism to your advantage

    While recognizing economic risks is entirely rational, how people respond to that risk makes a significant difference. Psychologists have studied a mindset known as “defensive pessimism,” a strategy that involves anticipating potential problems in order to plan effectively, rather than being overwhelmed by uncertainty.

    Unlike chronic anxiety or fear, which can impair decision-making and lead to poorer financial and consumption choices, defensive pessimism encourages people to take a more measured, thoughtful approach. It combines realism with preparation and helps individuals stay focused and responsive in uncertain conditions.

    People are more resilient when they focus on what can be changed. In practical terms, this might include learning a new skill, starting a side project or strengthening personal or professional networks.

    To apply defensive pessimism, start by clearly identifying what could go wrong, then outline specific actions to address those possibilities. Break big tasks into smaller, manageable steps, create a backup plan and regularly reassess progress. This approach helps maintain focus, reduce surprises and turn worry into preparation.

    These small, proactive steps with detailed personal reflection can offer a sense of agency that counters feelings of helplessness. Rather than ignoring challenges, defensive pessimism coupled with consistent reflection is about figuring out how to work around them.

    3. Adopt a long-term outlook

    Despite ongoing uncertainty, maintaining a long-term financial perspective remains very important. Research consistently shows that people who engage in long-term planning tend to accumulate greater wealth over time.

    Long-term planning involves continuing to plan for future goals such as retirement or education, even when timelines need to shift due to changing circumstances.

    One of the greatest challenges with this approach is known as the “sour grape effect.” This refers to the tendency people have to downplay a future goal or reward after experiencing early setbacks or failures.

    A 2020 study with 1,304 participants in Norway and the U.S. found that setbacks can lead individuals to disengage from their goals. Participants were given either positive or negative feedback on an initial task and then asked to predict how much happiness they would feel if they succeeded in a later round.

    Those who experienced failure anticipated much less happiness from future success. When everyone actually did succeed, their levels of happiness were the same regardless of initial feedback. Setbacks can lead people to devalue their goals as a self-protective strategy. However, participants with high achievement motivation did not show this bias.

    In other words, when short-term disappointments are interpreted as failure, there is a risk that people may give up on long-term plans altogether. In these moments, the most effective course of action is staying consistent and committed, while still remaining agile enough to adapt as needed.

    Omar H. Fares 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. 3 ways Canadians can take control of their finances in an age of economic uncertainty – https://theconversation.com/3-ways-canadians-can-take-control-of-their-finances-in-an-age-of-economic-uncertainty-260785

    MIL OSI

  • MIL-OSI: Epiq Wins Todd & Weld LLP Office Services Outsourcing Business

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) — Epiq announced today a new partnership with Todd & Weld LLP to provide office services, including mail management services; copy, print, and production services; IT support services; and, hospitality and reception services.

    Boston’s preeminent trial firm was looking to modernize its operations and needed a partner that could guide them confidently into the future while ensuring sound execution of office services along the way. The firm selected Epiq based on its proven ability to combine people, processes, technology, and data insights to provide a superior front-of-house and back-office experience while achieving cost savings for the firm.

    “Partnering with Epiq allows us to enhance our operational capabilities by integrating their talent, innovative workflows, and actionable intelligence into our existing systems,” said Stephanie Hood, Executive Director at Todd & Weld. “This alignment supports our continued efforts to elevate efficiency and output while maintaining the high standards our clients expect. Epiq’s broad office services platform complements our commitment to leveraging technology, empowering our team, and supporting the creativity and drive of our attorneys.”

    The Epiq experience is curated through comprehensive training programs, commitment to process innovation, as well as an ability to capture productivity metrics and enact a data-driven strategy – all while empowering a continuously optimizing operational model. Epiq has experience with other similar law firms and assessed the firm’s current operations. The expert consulting team identified several impactful opportunities to reduce costs and improve efficiencies, resulting in a combined, cross-trained team covering front and back-office operations.

    “At Epiq, our focus revolves around understanding our clients’ needs and providing rightsized solutions that enable operational transformation through highly skilled talent, process automation, and technology-enabled solutions,” said Michelle Deichmeister, President of the Global Business Transformation Solutions business at Epiq. “Every day, we help organizations experience a higher quality of output across their core functions as well as a reduction in long-term costs.”

    Epiq’s understanding of the evolution of client pressures and priorities has helped it to become the trusted advisor to 93 of the Am Law 100 law firms and thousands of other brand name organizations across the world. Epiq excels in service delivery with highly skilled teams, state-of-the-art equipment, and advanced technology solutions. Its global team of experts, specialists, and leaders in their fields are stationed across 18 countries and on the ground at hundreds of client sites. By leveraging its expertise with utility players, process improvement, and quality, Epiq is able to embed with clients’ strategies to outsource front- and back-end processes.

    About Epiq

    Epiq, a technology and services leader, takes on large-scale and complex tasks for corporate legal departments, law firms, and business professionals by integrating people, process, technology, and data. Clients rely on Epiq to streamline legal and compliance, settlement, and business administration workflows to drive efficiency, minimize risk, and improve cost savings. With a presence in 18 countries, our values define who we are and how we partner with clients and communities. Learn how Epiq’s approximately 6,100 people worldwide create meaningful change at www.epiqglobal.com.

    Press Contact
    Carrie Trent  
    Epiq, Senior Director of Corporate Communications and Public Relations  
    Carrie.Trent@epiqglobal.com

    The MIL Network

  • MIL-OSI: Epiq Wins Todd & Weld LLP Office Services Outsourcing Business

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) — Epiq announced today a new partnership with Todd & Weld LLP to provide office services, including mail management services; copy, print, and production services; IT support services; and, hospitality and reception services.

    Boston’s preeminent trial firm was looking to modernize its operations and needed a partner that could guide them confidently into the future while ensuring sound execution of office services along the way. The firm selected Epiq based on its proven ability to combine people, processes, technology, and data insights to provide a superior front-of-house and back-office experience while achieving cost savings for the firm.

    “Partnering with Epiq allows us to enhance our operational capabilities by integrating their talent, innovative workflows, and actionable intelligence into our existing systems,” said Stephanie Hood, Executive Director at Todd & Weld. “This alignment supports our continued efforts to elevate efficiency and output while maintaining the high standards our clients expect. Epiq’s broad office services platform complements our commitment to leveraging technology, empowering our team, and supporting the creativity and drive of our attorneys.”

    The Epiq experience is curated through comprehensive training programs, commitment to process innovation, as well as an ability to capture productivity metrics and enact a data-driven strategy – all while empowering a continuously optimizing operational model. Epiq has experience with other similar law firms and assessed the firm’s current operations. The expert consulting team identified several impactful opportunities to reduce costs and improve efficiencies, resulting in a combined, cross-trained team covering front and back-office operations.

    “At Epiq, our focus revolves around understanding our clients’ needs and providing rightsized solutions that enable operational transformation through highly skilled talent, process automation, and technology-enabled solutions,” said Michelle Deichmeister, President of the Global Business Transformation Solutions business at Epiq. “Every day, we help organizations experience a higher quality of output across their core functions as well as a reduction in long-term costs.”

    Epiq’s understanding of the evolution of client pressures and priorities has helped it to become the trusted advisor to 93 of the Am Law 100 law firms and thousands of other brand name organizations across the world. Epiq excels in service delivery with highly skilled teams, state-of-the-art equipment, and advanced technology solutions. Its global team of experts, specialists, and leaders in their fields are stationed across 18 countries and on the ground at hundreds of client sites. By leveraging its expertise with utility players, process improvement, and quality, Epiq is able to embed with clients’ strategies to outsource front- and back-end processes.

    About Epiq

    Epiq, a technology and services leader, takes on large-scale and complex tasks for corporate legal departments, law firms, and business professionals by integrating people, process, technology, and data. Clients rely on Epiq to streamline legal and compliance, settlement, and business administration workflows to drive efficiency, minimize risk, and improve cost savings. With a presence in 18 countries, our values define who we are and how we partner with clients and communities. Learn how Epiq’s approximately 6,100 people worldwide create meaningful change at www.epiqglobal.com.

    Press Contact
    Carrie Trent  
    Epiq, Senior Director of Corporate Communications and Public Relations  
    Carrie.Trent@epiqglobal.com

    The MIL Network