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Category: Business

  • MIL-OSI USA: Grassley, Cruz Introduce Constitutional Amendment to Prevent Court Packing

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    WASHINGTON – Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) joined Judiciary Committee member Ted Cruz (R-Texas) in introducing a constitutional amendment to maintain a total of nine Supreme Court justices on the bench at a time. Once approved by Congress, the amendment would go to the states for ratification.  

    “Democrats’ radical court packing scheme would erase the legitimacy of the Supreme Court and destroy historic precedent. The Court is a co-equal branch of government, and our Keep Nine Amendment will ensure that it remains independent from political pressure,” Grassley said. 

    “For years, Democrats have openly said they intend to pack the Supreme Court. They seek to use the Court to advance policy goals they can’t accomplish electorally. Such a move would be a direct assault on the design of our Constitution, which is designed to ensure the Supreme Court remains a non-partisan guardian of the rule of law,” Cruz said. “This amendment is a badly-needed check on their efforts to undermine the integrity of the Court.” 

    Additional cosponsors are Sens. John Cornyn (R-Texas), Mike Lee (R-Utah), Mike Crapo (R-Idaho), Shelley Moore Capito (R-W.Va.), Marsha Blackburn (R-Tenn.), Bill Cassidy (R-La.), Todd Young (R-Ind.), Cindy Hyde-Smith (R-Miss.), Jim Banks (R-Ind.), Jim Risch (R-Idaho), Thom Tillis (R-N.C.), Bill Hagerty (R-Tenn.), Katie Britt (R-Ala.), Tim Sheehy (R-Mont.), Roger Wicker (R-Miss.) and Deb Fischer (R-Neb.). 

    Read the amendment text HERE. 

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI USA: Q&A: Tax Season Underway

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    Q: What should taxpayers keep in mind during tax season?

    A: The IRS officially kicked off tax season and started accepting and processing federal individual tax returns for the 2024 tax year. The federal tax-collecting agency this year expects more than 140 million individual tax returns. Don’t procrastinate, the tax filing deadline is April 15.

    At kitchen tables across the country, taxpayers will gather necessary documents to file their tax returns, including income information from paycheck stubs, W-2’s and 1099 forms. Whether you file on your own or have tax preparation assistance, be sure to gather all records and receipts, including for expenses required for credits and deductions, such as education and dependent care expenses, clean energy credits, retirement contributions and charitable donations. The IRS anticipates more than half of all tax returns will be filed with the help of a tax professional.

    As a former chairman of the tax-writing Senate Finance Committee, I encourage taxpayers to be mindful of scams and schemes. Choose a reputable tax professional to protect your personal and financial information. Keep in mind, even if you use a tax preparer, you are legally responsible for the information provided on the tax return. You can search an online directory of different types of federal tax preparers in your local area. Ask in advance about service fees. Avoid choosing tax preparers who base their fees on a percentage of your tax refund. Any refund should go directly to the taxpayer, not the tax preparer. Take care to double check the routing and bank account number on the completed return for accuracy. The IRS advises taxpayers to take precautions for fraud and liability. Specifically, if a paid preparer does not sign the tax return, either on paper or digitally, that’s a red flag for unscrupulous behavior. More importantly, never sign a blank or incomplete tax return. Anyone paid to prepare a federal tax return must have a Preparer Tax Identification Number. By law, paid preparers must sign and include their tax identification number on any tax return they prepare.

    The IRS offers free electronic filing for taxpayers with federal adjusted gross income of $84,000 or less. IRS Free File allows eligible taxpayers to use guided tax preparation software free of charge to file a federal tax return. You can choose from IRS partner tax software companies here. The Free File Alliance is a nonprofit coalition serving 100 million American taxpayers. Taxpayers above that income threshold may use the free fillable forms– electronic federal tax forms – to fill out and file on your own.

    Q: What other programs are available in local communities for tax preparation assistance?

    A: The IRS coordinates services with local volunteers in communities across the country to help eligible taxpayers prepare their tax returns for free. The Volunteer Income Tax Assistance (VITA) or Tax Counseling for the Elderly (TCE) programs support residents with participating partner organizations. These programs are designed to reach low-to-moderate income individuals, persons with disabilities, elderly and limited English speakers. VITA tax preparation services are available for individuals and families earning $67,000 or less. Find participating organizations in your local area here, https://irs.treasury.gov/freetaxprep/. Be sure to bring the required documents to your appointment. If you would like to volunteer in your local community as a tax preparer, greeter, interpreter or computer specialist, learn more at irs.gov/volunteers.  

    Q: What assistance can your Senate office provide?

    A: My Senate office may not help you file taxes. However, my office may help Iowans resolve issues and get answers from the IRS through the Taxpayer Advocate Service. For assistance, Iowans first need to complete a request form to allow my staff to get involved on your behalf with federal agencies. Print and sign the form and return via email at caseworker_grassley@grassley.senate.gov. Or mail to my Des Moines office at 721 Federal Building, 210 Walnut Street, Des Moines, IA 50309.

    As a taxpayer watchdog, I keep a tight leash on the IRS to protect sensitive taxpayer information and fight for taxpayer rights. For decades, I’ve led a crusade to secure tax fairness, strengthen taxpayer rights, improve customer service and strengthen our system of voluntary tax compliance. As the co-author of the first-ever Taxpayer Bill of Rights in 1988 and one of four members who served on the National Commission on Restructuring the IRS during the Clinton administration, I’ve kept my nose to the grindstone to strengthen our system of voluntary compliance, as well as strengthen the IRS whistleblower program that’s helped recover more than $6 billion. The best way to narrow the tax gap is to help taxpayers do the right thing and improve taxpayer service. Tax cheats ought to be held accountable; honest taxpayers ought to pay every dime owed, not a penny more.

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI Russia: Dmitry Chernyshenko, Maxim Reshetnikov and Valery Falkov discussed training of personnel in the tourism sector

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Dmitry Chernyshenko held a meeting on the issue of training personnel in the field of tourism and hospitality

    February 7, 2025

    Dmitry Chernyshenko held a meeting on the issue of training personnel in the field of tourism and hospitality

    February 7, 2025

    Dmitry Chernyshenko visited the Russian State University of Tourism and Service (RGUTIS)

    February 7, 2025

    Dmitry Chernyshenko visited the Russian State University of Tourism and Service (RGUTIS)

    February 7, 2025

    Dmitry Chernyshenko visited the Russian State University of Tourism and Service (RGUTIS)

    February 7, 2025

    Dmitry Chernyshenko spoke with students of the Russian State University of Tourism and Service (RSUTIS)

    February 7, 2025

    Previous news Next news

    Dmitry Chernyshenko held a meeting on the issue of training personnel in the field of tourism and hospitality

    Deputy Prime Minister Dmitry Chernyshenko held a meeting on the issue of training personnel in the field of tourism and hospitality and spoke with students of the Russian State University of Tourism and Service (RSUTIS).

    Acting Rector of RSUTS Ambartsum Galustov presented plans for the development of the university’s infrastructure and educational programs to the Deputy Prime Minister and ministers.

    “The formation of a system for training and developing the human resources potential of workers in the tourism and hospitality sector is one of the priority tasks of the industry, set by President Vladimir Putin. Currently, about 1 million people are employed in this sector. The need for employees is about 250 thousand, by 2030 this number will increase to 400 thousand people. New specialists are needed for the successful development of the industry as a whole, as well as for the implementation of large-scale investment projects, such as “Five Seas and Lake Baikal”. The Russian State University of Tourism and Service is intended to become a leading center for training personnel for the industry. Today, the university signed several agreements on the creation of new campuses,” said Dmitry Chernyshenko.

    The plans include the development of the scientific and educational infrastructure of RSUTS in Zavidovo, Tver Region, and in Anapa, where they will train personnel for the Five Seas and Lake Baikal project.

    In Russia, students are admitted to more than 100 universities and 1,300 colleges in the field of tourism and hospitality. Within the framework of the national project “Tourism and Hospitality”, training centers have been created in the Moscow Region on the basis of RSUTS, Tatarstan and St. Petersburg.

    At a meeting at the university, a comprehensive approach to solving the issue of personnel shortage was discussed. This is necessary to achieve the goals set by the head of state within the framework of the national project.

    “Tourism needs a model of integration with secondary vocational education. There should be interaction with strong regional universities. These should not be point solutions. And today’s agreements are an example that can be replicated throughout the country. Another important aspect is labor productivity. We have created competence centers based at Kavkaz.RF and in Krasnodar Krai. The centers have been created and have begun work. Also, together with businesses, it is worth working on the issue of including the topic of productivity in educational programs for training personnel for the tourism industry,” said Minister of Economic Development Maxim Reshetnikov.

    The head of the Ministry of Education and Science, Valery Falkov, noted that today special attention is paid to the training of personnel in the tourism sector. The new model of higher education provides for qualitative changes in the implementation of educational programs, which should be a modern response to the industry’s demand.

    Dmitry Chernyshenko emphasized that the interest of tourists in the Moscow region, where RGUTIS is located, is growing every year. “This is facilitated by the availability of high-quality infrastructure for recreation and a huge number of attractions – these are cultural heritage sites, churches and monasteries, estates, monuments of military glory, which is especially important in the Year of the Defender of the Fatherland, declared by President Vladimir Putin, in the year of the 80th anniversary of our Victory,” the Deputy Prime Minister added.

    Dmitry Chernyshenko assessed the university infrastructure and talked to students. He noted the attention of the head of state and the Ministry of Economic Development to the tourism sector and supported the students in choosing this direction. The guys presented their projects, including concepts for the adaptation of foreign students, the development of design projects for the Five Seas and Lake Baikal program and the popularization of tourism among young people through student media.

    In addition, the consecration of the restored temple-chapel of the Blessed Grand Duke Alexander Nevsky took place.

    Dmitry Chernyshenko left a note in the university’s memorial book: “I am confident that the experienced teaching staff of RSUTS and the talented students who came here from different regions of the country will make a serious contribution to the development of tourism in Russia. As our President Vladimir Putin said, domestic tourism is one of the main priorities.”

    “The President called the development of domestic tourism one of the priorities of the long-term development strategy of Russia. In our Moscow Region, we see that there is a great demand for tourism, and therefore for specialists. In our Moscow Region, we have 14 colleges and 5 universities engaged in training personnel. Last year, one of the three federal resource centers was created here, on the basis of RSUTS, which plans to train 10 thousand specialists for the entire country this year,” said Moscow Region Governor Andrei Vorobyov.

    Following the meeting, the Deputy Prime Minister gave a number of instructions, including updating educational programs, developing plans for the development of the university, and holding new competitions in the field of tourism.

    The meeting was also attended by the Governor of the Tver Region Igor Rudenya, Deputy Minister of Labor and Social Protection of Russia Dmitry Platygin, Deputy Minister of Education of Russia Irina Shvartsman, Deputy Governor of the Krasnodar Region Alexander Ruppel, university rectors, representatives of companies and public organizations.

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

    MIL OSI Russia News –

    February 8, 2025
  • MIL-OSI Security: Former Stoneham Auxiliary Police Officer Sentenced to 27 Months in Prison for Bribery Charges

    Source: Office of United States Attorneys

    Defendant defrauded a company to obtain tens of millions of dollars of Mass Save funds through paying bribes and kickbacks to company employees

    BOSTON – A former Stoneham Auxiliary Police Officer was sentenced in federal court in Boston for a bribery and kickback scheme that netted millions of dollars in Mass Save contracts.  

    Christopher Ponzo, 50, of North Reading, was sentenced by U.S. District Court Judge Nathaniel M. Gorton to 27 months in prison, to be followed by two years of supervised release. Ponzo was also ordered to pay a $300,000 fine. In November 2024, Christopher Ponzo pleaded guilty to one count of conspiracy to commit honest services wire fraud, 24 counts of honest services wire fraud and one count of making false statements to government officials. Christopher Ponzo was indicted by a federal grand jury in January 2023 along with his brother Joseph Ponzo.

    Christopher Ponzo, along with his brother and co-conspirator, Joseph Ponzo, conspired to pay, and did pay, tens of thousands of dollars in cash bribes, kickbacks and other in-kind benefits, including a John Deere tractor, a computer, home bathroom fixtures and free electrical work, among other things, to Company A employees (Associates 1 and 2) in exchange for the Associates’ assistance in getting the defendants millions of dollars in Mass Save contracts.

    Massachusetts law requires utility companies to collect an energy efficiency surcharge on all Massachusetts energy consumers. These funds, which amount to hundreds of millions of dollars each year, are to be disbursed by the utility companies to fund energy efficiency programs and initiatives in Massachusetts. Under the Mass Save program, the utility companies select lead vendors, like Company A, to approve and select contractors to perform energy improvement work for residential customers. This contracting work – performed by contractors at no-cost or reduced cost to the customer – is then paid for by Company A with Mass Save funds.

    On a weekly basis, from 2013 to 2017, Christopher Ponzo paid Associate 1 $1,000 in cash. At times, Christopher Ponzo paid Associate 1 $5,000 to $10,000 in cash, telling Associate 1 that the extra money was from Joseph Ponzo for his part in the bribery scheme. In return for these payments, Associate 1, among other things, helped Joseph Ponzo set up a shell company, Air Tight, to do insulation work and get approved as a Company A contractor under the Mass Save program. Joseph Ponzo put his spouse’s name on Air Tight incorporation documents and contracting licenses in order to conceal his involvement in his corrupt side business. Despite having no professional experience in residential insulation work, Joseph Ponzo collected over $7 million under the Mass Save program.    

    After Associate 1 left Company A in 2017, Christopher Ponzo and Joseph Ponzo recruited Associate 2 to the bribery-kickback scheme from approximately 2018 to 2022, paying Associate 2 thousands of dollars in cash and hiring a relative of Associate 2 as part of the ongoing scheme. 
        
    In April 2022, both Joseph Ponzo and Christopher Ponzo falsely denied making bribe payments to any Company A employees when interviewed by federal agents.

    Joseph Ponzo pleaded guilty in November 2024 and is scheduled to be sentenced Feb. 28, 2025.

    United States Attorney Leah B. Foley; Jodi Cohen, Special Agent in Charge of the Federal Bureau of Investigation in Boston; and Thomas Demeo, Acting Special Agent in Charge of the Internal Revenue Service’s Criminal Investigations in Boston made the announcement today. Assistant U.S. Attorneys Lauren Maynard and Dustin Chao of the Criminal Division are prosecuting the case.
     

    MIL Security OSI –

    February 8, 2025
  • MIL-OSI United Kingdom: Statement on the Japan – UK Women’s Economic Empowerment Seminar

    Source: United Kingdom – Executive Government & Departments

    Japan hosted a virtual seminar for British women entrepreneurs, investors, and business owners seeking to increase trade and investment with Japan

    On 6 February 2025, with the support of the Department for Business and Trade, the Japanese Ministry of Foreign Affairs hosted a virtual seminar for UK women entrepreneurs, investors, and business owners seeking to increase trade and investment with Japan.

    This continues an ongoing series of collaborative activities between the UK and Japan to uphold the commitments set out in the Women’s Economic Empowerment chapter of the UK-Japan Comprehensive Economic Partnership Agreement (CEPA). It supports the delivery of the joint commitment to enhancing women’s ability to fully access and benefit from the opportunities created by this Agreement, and to reduce the systemic barriers faced by women seeking to trade internationally.

    During the seminar, participants heard from Japanese government and non-government led organisations about programmes and initiatives that support women in trade. These included the Japanese Cabinet Office, the Tokyo Metropolitan Government and the Japan External Trade Organization. They shared valuable information on the Japanese market and the support and tools available to British women entrepreneurs, business owners and investors interested in growing their businesses by expanding, exporting to and investing in the Japanese market.

    The audience also heard from the British Chamber of Commerce in Japan on the support it can provide on navigating differences in business customs, as well as from two Japanese venture capital firms: ANRI, focused on seed stage investments, having a track record of supporting female-founded startups in IT and DeepTech, and NEXTBLUE, dedicated to empowering women founders in the field of women’s wellbeing. These venture capital firms offered their support for the expansion of UK female-led companies.   

    The audience also heard directly from two British women business owners and entrepreneurs. The CEOs of Celtic English Academy and Evolve Organic Beauty shared valuable insights on their experiences of entering and successfully trading in the education and retail markets in Japan.

    Increasing women’s participation in the economy not only strengthens gender equality but also holds huge potential in boosting economic growth. Through the effective implementation of the women’s economic empowerment provisions in the UK’s trade agreement with Japan, we seek to uphold gender equality by ensuring that women business owners and entrepreneurs interested in expanding their business by entering new markets have sufficient knowledge of the opportunities and benefits on offer to them.

    The UK has successfully included trade and gender equality provisions in newly negotiated Free Trade Agreements including with Japan, Australia and New Zealand, and will continue working with trading partners to explore and develop the best strategies and practices to break down barriers to trade for women, support the fair and open trade and benefit the wider UK economy.

    In the lead up to the Expo 2025 Osaka, Kansai, Japan, the UK will continue a programme of engagement with Japan. Further, the UK will be showcasing its work on diversity and inclusion at the UK Pavilion, including the work we are doing on gender equality and women’s economic empowerment.

    For more information on the first UK-Japan Women’s Economic Empowerment seminar, please follow this link.

    For more information on the UK-Japan Comprehensive Economic Partnership, please follow this link.

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    Published 7 February 2025

    MIL OSI United Kingdom –

    February 8, 2025
  • MIL-OSI USA: ICYMI: Shaheen Condemns Trump Actions as Deliberate Effort to Undermine Critical Functions of Government Over Lowering Costs for Granite Staters

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen

    (Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH) condemned Trump for undermining critical government functions instead of working to lower costs for Granite Staters like he promised during his campaign. Shaheen pointed to the President’s misguided tariff plan, chaotic effort to halt federal funding for grants and loans, the dismantling of U.S. foreign assistance and his enabling of billionaire Elon Musk to access Americans’ sensitive information at the U.S. Department of Treasury. You can read more here.

    The full article from the Union Leader is available here and below.

    Shaheen takes aim at Trump’s actions on spending, tariffs

    In some of her strongest language to date, U.S. Sen. Jeanne Shaheen said President Donald Trump’s actions on spending, tariffs and shutting down foreign assistance programs appear to be a “deliberate effort to undermine the critical functions” of the federal government.

    Shaheen, a three-term senator whose term is up in 2026, said her office is receiving complaint calls at a level only met during the height of the COVID-19 pandemic.

    Many hold the view that Trump’s actions bear little resemblance to his focus as a presidential candidate, Shaheen said.

    “It is creating frustration and concern across the board. This is not what they signed up for,” Shaheen said during an interview. “When Donald Trump was campaigning, he was talking about addressing inflation, lowering costs for people on food, rent and prescriptions. None of that is in his agenda since he got inaugurated.”

    For his part, Trump said he told voters that Elon Musk, the world’s wealthiest man, would be a trusted adviser on how to reduce federal spending by up to $2 trillion.

    Musk leads the new Department of Government Efficiency, whose employees got access to payroll information of the Department of Treasury and the U.S. Small Business Administration.

    “He should not have access to this. They are going into classified spaces without appropriate clearances,” said Shaheen, the ranking Democrat on the Senate Appropriations Committee, which is dealing with the Department of Agriculture, rural development and Food and Drug Administration.

    Shaheen said Musk’s moves to close down USAID will collapse vital assistance to vulnerable people around the world and only invite U.S. adversaries to step in and try to control affairs in struggling countries.

    “In fact, there’s evidence that is already beginning to happen,” Shaheen said.

    Shaheen noted Musk seeks to reduce the size of a federal government that at one pivotal point rescued him with financial relief.

    “The irony is this guy would have been out of business but for the U.S. government bailing him out in Space X,” Shaheen said. “The fact he is trying to deny that kind of access and help to individuals and business that need it is just unacceptable and shameful.”

    Earlier Wednesday, Shaheen hosted a conference call with leaders of chambers of commerce and other regional officials who raised concerns about the proposed tariffs with Canada that are on a 30-day pause but have not been rescinded.

    “Their number one issue is the uncertainty and the chaos that is happening under this president’s very hand,” Shaheen said.

    U.S. Rep. Maggie Goodlander, D-N.H., signed on to a letter to Trump Wednesday, along with 60 House Democrats, calling for him to cancel any Canadian tariff plans.

    “These actions, this rhetoric has consequences that people are already seeing in their everyday lives,” Shaheen added.

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI USA: Shaheen Leads New Hampshire Congressional Delegation in Demanding Answers from Treasury Secretary Bessent on DOGE’s Access to Federal Payment Systems and Americans’ Highly Sensitive Information, Urges Him to Reverse Potentially Dangerous Decision

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen

    (Washington, DC) – U.S. Senators Jeanne Shaheen (D-NH) and Maggie Hassan (D-NH), alongside Representatives Chris Pappas (NH-01) and Maggie Goodlander (NH-02), are demanding answers from U.S. Department of Treasury Secretary Scott Bessent regarding his decision to grant Elon Musk’s Department of Government Efficiency (DOGE) and its team access to critically important federal payment systems – including highly sensitive personal information linked to Medicare, Social Security and veterans’ benefits.

    The delegation wrote, in part: “Not only does DOGE now have access to the personal information of our constituents…but he may also soon have the tools to unlawfully shut down specific payments that he disagrees with. DOGE may also be able to use this sensitive information to gain an advantage over individuals and companies that pose competition to Mr. Musk’s businesses…Initial reports indicated that you gave DOGE access to the payment systems on a “read-only” basis…However, other reporting has stated that Marko Elez, a member of Mr. Musk’s team, has or had administrator-level privileges and can in fact write code to Treasury payment systems, including the Payment Automation Manager and Secure Payment System.”

    The delegation asked the following questions:

    • “In detail, what level of access has each member of the DOGE team, including but not limited to Marko Elez, been given to Treasury’s federal payment records and systems, both currently and in the past?
    • Have any changes to Treasury’s federal payments or its payment systems been made either by a member of the DOGE team or at their direction as of the time of this letter?
    • Has Treasury taken any actions to discourage discussion of the activities of the DOGE team at Treasury, especially within the Bureau of the Fiscal Service?
    • What steps has Treasury taken to ensure that Treasury employees understand their protections should they wish to share information with Congress and others?”

    The delegation concluded: “We urge you to reconsider this potentially dangerous decision and work to ensure that Americans can trust their sensitive personal information is protected from Mr. Musk and his associates. Thank you for your prompt attention to this issue and given the urgent nature of this issue, we respectfully request a response to this letter as soon as possible.”

    Click here for the full letter to U.S. Secretary of Treasury Scott Bessent.

    For months, Shaheen has sounded the alarm on Elon Musk’s outsized influence on the U.S. Government.

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI USA: Shaheen Speaks Out Against Trump Nominee Russell Vought, Calling Him Unfit and Unqualified to Serve as OMB Director

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen

    (Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH) delivered remarks on the Senate floor opposing the nomination of Russell Vought, the chief architect of Project 2025, a radical, right-wing agenda, to serve as Director of the Office of Management and Budget. You can watch her full remarks here.  

    Key Quotes from Senator Shaheen:

    • “Either the OMB, under Russell Vought’s direction, deliberately stopped funding for 2,600 programs, for water and sewer projects, for housing, for meals for seniors, or they were so incompetent that without meaning to they sent a memo to the whole federal government that had that effect.”
    • “There’s no question that Russ Vought and President Trump intend to take away some of the funding that Congress has provided on a bipartisan basis to help families in New Hampshire and around the country save money.”
    • “It’s beyond ridiculous that anyone could propose these cuts with a straight face, while also supporting trillions of dollars in tax breaks for the wealthiest individuals and corporations in this country.”
    • “It’s important to all Americans to make sure that our government runs effectively and efficiently, but indiscriminately freezing hiring across the board, pushing out thousands of civil servants, makes that problem worse not better.”
    • “We’re not talking about political appointees here. We’re talking about the people who write the checks at the Social Security Administration, about the caseworkers at the Department of Housing and Urban Development who make sure that people have roofs over their heads and food to eat. We’re talking about doctors and therapists at VA hospitals who work around the clock to provide lifesaving care and benefits to the veterans who have sacrificed so much for our country and program operators at the Small Business Administration.”

    Remarks as delivered can be found below:

    I’d like to go back to my concerns about the nomination of Russ Vought to be the head of the Office of Management and Budget, because that’s an office that determines the services that millions of families and small businesses rely on. 

    And yet, he supported unilaterally taking away those services and help for more than 2,600 federal programs that were ordered to cease activities with less than 24 hours notice. 

    And in every state in the country, we heard confusion and panic and chaos. 

    Since then, I’ve heard from thousands of Granite Staters who are worried about what those cuts mean for them and their families. 

    I’ve heard from health care providers, from our community health centers, from our nonprofits, from our police departments, from so many people who provide services to the state of New Hampshire. 

    And it’s now been more than a week, and despite not one but two federal judges ordering the Trump Administration to stop holding up funds, we are still hearing reports of frozen payment systems and missed reimbursements. 

    Now, I know my Republican colleagues are hearing those concerns too. 

    But despite this outpouring, we’re still here today contemplating confirming Russell Vought, the architect of this reckless, unprecedented and misguided policy. 

    He was directly involved in drafting the memo that OMB sent out that started all of this last Monday. 

    That memo was so extreme that it provoked concern and outrage from both sides of the aisle about the breadth of payments that were being halted. 

    Russ Vought then had to walk back parts of the memo that he’d worked on just the day before. 

    And all of this happened, and he wasn’t even a confirmed nominee. 

    So, I’m very worried about what he’s going to do if he actually gets confirmed for this job. 

    We know that what we saw last week was just a short preview of what he plans to do. 

    And the justification that we’ve heard since that memo is that that memo wasn’t meant to cut off funding to all of the programs that saw their funding halted. 

    It wasn’t meant to stop Medicaid in every state or to shut down HUD’s system of rental assistance or homelessness funding. 

    But I’ll tell you, if that’s your defense, that just means that OMB sent a memo that was so poorly drafted that agencies across the federal government thought it required them to cut off all these programs that people and towns depend on. 

    So, either the OMB under Russell Vought’s direction, deliberately stopped funding for 2,600 programs for water and sewer projects, for housing, for meals for seniors, or they were so incompetent, that without meaning to, they sent a memo to the whole federal government that had that effect. 

    Well, regardless of which answer it is, I think the person who’s behind that, Russ Vought, the man leading that effort, should not be running the Office of Management and Budget that determines how funding goes out in the federal government. 

    And I think this is especially true because there’s no question that Russ Vought and President Trump intend to take away some of the funding that Congress has provided on a bipartisan basis to help families in New Hampshire and around the country save money on things like their energy bills, to help address pollution like PFAS. 

    And I would just remind folks that we passed the Bipartisan Infrastructure Law on a strong bipartisan vote—19 Republican senators voted with the Democrats to invest in our communities.  

    We worked shoulder to shoulder, Republicans and Democrats, to prioritize things like energy efficiency, water infrastructure, funding that this administration says it’s looking at cutting off, even though communities are depending on it. 

    Well, I plan to continue to stand up and defend funding that Congress provides to make necessary investments in all of our communities, and I hope my Republican colleagues will do the same. 

    And then this past weekend, we learned that Elon Musk, the world’s richest man, who’s never been elected, along with unelected, unconfirmed DOGE employees, the DOGE boys we call them, now have access to the payment system at the Treasury Department. 

    That is a system that processes more than $5 trillion worth of payments every year. 

    That’s everything from tax refunds and Social Security checks to reimbursing towns for work that they’re doing on sewers or roads. 

    They have access to Social Security numbers, to health information, and to so much more. 

    This is a system that the vast majority of people working at Treasury can’t access, and they shouldn’t be able to, because this is private information. 

    You may have heard that Treasury only gave “read only”, I say that in quotes, “read only” access.

    But if that’s the case, why is Elon Musk talking about using this access to stop payments to a charity that helps seniors with housing? 

    What’s he doing in the Treasury records anyway? 

    Why does he need that information? 

    This week, we’re hearing confirmation that Musk’s team didn’t just have “read access”. 

    In fact, they had administrator level access, giving them the ability to make changes to this payment system. 

    One specific Treasury employee refuted Treasury leadership’s denial that they gave a DOGE staffer “write access”, that’s the ability to change the code and to change the checks that get sent out by Treasury. 

    The employee said, and I quote, “I am looking at his access right now, and it has the Deputy Assistant Commissioner instructing the team to disregard all previous instructions and assign him,” the DOGE person, “read/write privileges for the database,” so he can change what’s in that database. 

    That doesn’t sound like “read only” access to me. 

    I think it’s unacceptable for an unelected billionaire to be taking over the payments system that our government relies on, that millions of Americans rely on, and trying to stop those payments. 

    Now, fortunately, the original OMB memo was rescinded. 

    But this fight is not over. 

    Instead, this access to the Treasury’s payment system could be the next front in stopping funds going out to the American people. 

    We can, and we do, intend to continue to push back on these illegal actions to stop funding that’s required by law. 

    And despite knowing better, Russell Vought has never shied away from his belief that the executive branch can disregard the law and override spending decisions that are made by Congress.

    He clearly believes that this administration should be above the law and should be able to take away funding that helps millions of Americans. 

    Russ Vought is the architect of Project 2025. 

    That proposed a budget that would cut Medicaid, just Medicaid, by $2.1 trillion over ten years.

     It would slash SNAP, the food program, by $400 billion. 

    We have people in New Hampshire who count on the SNAP program in order to be able to feed their kids. 

    His proposal would cut funding that helps low-income Americans go to college by more than $250 billion.

    It would eliminate the Affordable Care Act tax credits that help millions of Americans afford health care. 

    These are not cuts that lower costs. 

    These are not cuts that create jobs. 

    These are not cuts that enhance public safety and make it easier for people to afford their rent and their groceries. 

    It’s beyond ridiculous that anyone could propose these cuts with a straight face while also supporting trillions of dollars in tax breaks for the wealthiest individuals and corporations in this country. 

    You know, I’m not one to claim that the federal government can’t be run more efficiently. 

    I think we can always do everything better. 

    And it’s important to all Americans to make sure that our government runs effectively and efficiently, but indiscriminately freezing hiring across the board, pushing out thousands of civil servants, makes that problem worse, not better. 

    And last week, more than 2 million federal employees received emails offering to pay their salaries for the rest of the fiscal year in exchange for resigning now. 

    I mean, that in and of itself is questionable because this Congress hasn’t appropriated dollars to pay those employees. 

    And why would somebody who wants to improve effectiveness and efficiency in government, pay people to go home and not work? And that’s what this email said. 

    At the time, it included hundreds of thousands of individuals working in critical national security roles and included, for example, every single air traffic controller in the country, just days before we tragically saw the worst aviation incident in nearly 30 years. 

    Now, they’ve since walked that offer back, stating that it should not apply to employees who are critical to national security. 

    But, like the claim of the funding freeze, they say that that was always their intent, they must have made a mistake, but I’m not sure which option is worse. 

    That while we’re short more than 3,500 air traffic controllers, Russell Vought really wanted to pay the ones we do have not to work, or that he blasted out an irresponsible, reckless, non-targeted effort that could have had devastating consequences for critical positions without taking the time to think it through. 

    What’s more, they tried to convince us this offer will save money, making it clear that even if we lose thousands of key employees with no plans to replace them, we’ll be better off. 

    Well, tell that to the people in New Hampshire who are trying to get answers on their Social Security or their income tax checks. 

    Tell that to the students who need help with their FAFSA form so that they can apply and get help to go to college. 

    Vought has relentlessly attacked the millions of career civil servants who show up every day, no matter who’s in power, to keep the lights on and the wheels turning. 

    Some of these people have served our country for 30, 40, even 50 years through countless presidents and Congresses. 

    We’re not talking about political appointees here, we’re talking about the people who write the checks at the Social Security Administration, about the caseworkers at the Department of Housing and Urban Development who make sure that people have roofs over their heads and food to eat. 

    We’re talking about doctors and therapists at VA hospitals who work around the clock to provide lifesaving care and benefits to the veterans who have sacrificed so much for our country, program operators at the Small Business Administration who helps entrepreneurs get loans. 

    They’re the forest rangers who show up in all weather conditions in the White Mountain Forest in New Hampshire to ensure there is safe and enjoyable recreation opportunities for hundreds of millions of visitors to our national parks and forests.

    And speaking of the weather, they’re the meteorologists at the National Weather Service, the people we rely on to prepare for hazardous storms. 

    These employees contribute to the maintenance of nuclear submarines, which is an essential tenet of our national security, a crucial part of our capability to deter major conflicts. 

    And any impact to our shipyards, we have the Portsmouth Naval Shipyard between New Hampshire and Maine that does maintenance on our nuclear submarines, any impact to that workforce will strain our shipbuilding industrial base that’s already saturated with demand to meet the requirements of our Navy.

    So, why did they get an email giving those employees the option to resign? 

    This administration has said repeatedly that it wants to “restore the warrior ethos” at the Pentagon. 

    But if Russell Vought gets his way, there isn’t going to be anybody left at the Pentagon. 

    And now we’re hearing that Elon Musk’s team is plugging in to our air traffic control system. 

    The National Air Traffic Controllers Association has repeatedly asked for what they need: more funding, targeted investments and workforce development, shorter hours and upgraded technology. 

    We need to get to work in this Senate, in this Congress, on legislation that addresses these issues. 

    But handing the keys to the nation’s air traffic control system over to an unelected, inexperienced billionaire who cuts first and asks questions later, isn’t the solution. 

    Now, Russell Vought will tell you over and over again that government doesn’t work. 

    But he says this at the same time that he’s doing everything in his power to break it with zero regard for how that’s going to hurt you and your family. 

    And this week, we’ve seen and we’ve heard more horrifying parts of Russell Vought’s agenda. 

    He’s teaming up with Elon Musk. 

    And last year, for the first time, thanks to PEPFAR, more than half of new HIV infections were outside of Sub-Saharan Africa. 

    One of the most successful health programs ever in U.S. history, put in by George W. Bush.

    And one of the only things that has stood between Americans and so many of the diseases that come from overseas is USAID. 

    Now, I was listening to the prayer breakfast this morning, and I heard President Trump talking about his admiration for Billy Graham, for Franklin Graham, for the good work that they do. 

    Then a few minutes later, I heard the morning news, and I heard them talking about what’s happening in Sudan, where we have a famine and millions of people desperate because of the conflict there and what’s happening.

    And the news report said, if we don’t get our foreign assistance turned back on to help the Sudanese, eight million people are going to starve to death in the coming months. 

    I can’t imagine that Billy Graham or Franklin Graham support the idea of eight million Sudanese dying, because we’ve turned off the foreign assistance that we provided because Elon Musk doesn’t like the United States Agency for International Development. 

    I think Billy Graham and Franklin Graham, Billy Graham, when he was alive, and his son Franklin would say, these are also God’s children and it’s important for us to support people around the world who are dying. 

    And you know, it’s not just those kinds of situations like we have in Sudan. 

    We have significant diseases that are breaking out in parts of the world, and we don’t have people on the ground to make sure that the people who—the outbreak of Ebola that’s happening in Africa, some of us remember in 2014 when about what came to the United States—we don’t have any aid workers anymore because under Elon Musk’s order, they’ve shut down those programs. 

    They’re bringing those people home, so there’s nobody there to make sure that that Ebola outbreak doesn’t go across borders and doesn’t wind up in the United States. 

    There’s a Marburg outbreak, another hemorrhagic disease that’s happening in Africa. 

    It has a 90% mortality rate, and right now, we have no real treatment and no vaccination for the Marburg virus. 

    And yet again, we’ve taken our teams of people who help in-country to treat the Marburg virus and we’ve taken them home. 

    We’ve said, “go ahead cross whatever country lines you want. Come to the United States, because we’re not going to prevent that.” 

    And, you know, we’ve got a bird flu epidemic now. 

    You may have heard there’s a new strain that’s just been discovered in cows in Nevada. 

    We’ve had, about 70 people who have been infected with bird flu. 

    We’ve had somebody die from that. 

    We used to monitor bird flu outbreaks around the world, but under this shutdown of USAID and its programs, we’re not monitoring bird flu anymore. 

    So, that bird flu can come to the United States? 

    We don’t know. 

    Nobody seems to care in the Trump Administration if that happens. 

    These things don’t just happen overseas. 

    They affect us here in America. 

    It’s in our interest to ensure that these efforts that help with diseases, that help prevent Vladimir Putin and Russia from its nefarious activities in Europe, in Moldova, in Romania, in Ukraine—that’s also happened the aid to help Ukraine in this war against Russia.

    That’s all been cut off. 

    That doesn’t make America safer. 

    That doesn’t make us stronger.

    That doesn’t make us more prosperous. 

    I hope my colleagues will stand against Russell Vought, who has been the architect of so much of this carnage. 

    Sadly, I don’t think my colleagues on the other side of the aisle will do that. 

    And I hope that we can reverse some of this, harm that’s been done to so many people around the world that is going to come home to roost in America if we don’t address it. 

    So, Mr. President, I have taken all of my time. 

    I yield the floor.

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI USA: Cassidy, Cruz, Colleagues Introduce Constitutional Amendment to Prevent Democrats from Court Packing the Supreme Court

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy

    WASHINGTON – U.S. Senators Bill Cassidy, M.D. (R-LA), Ted Cruz (R-TX), and 16 Republican colleagues introduced a constitutional amendment to maintain a total of nine Supreme Court justices on the bench at a time. Once approved by Congress, the amendment would go to the states for ratification.
    “Packing the courts to achieve a preordained outcome is not what our Founding Fathers had in mind. Nine justices has been a good number for 156 years; I’m sure it will be for another 156,” said Dr. Cassidy. 
    “For years, Democrats have openly said they intend to pack the Supreme Court. They seek to use the Court to advance policy goals they can’t accomplish electorally. Such a move would be a direct assault on the design of our Constitution, which is designed to ensure the Supreme Court remains a non-partisan guardian of the rule of law. This amendment is a badly-needed check on their efforts to undermine the integrity of the Court,” said Senator Cruz.
    Cassidy and Cruz are joined by U.S. Senators Chuck Grassley (R-IA), John Cornyn (R-TX), Mike Lee (R-UT), Mike Crapo (R-ID), Shelley Moore Capito (R-WV), Marsha Blackburn (R-TN), Todd Young (R-IN), Cindy Hyde-Smith (R-MS), Jim Banks (R-IN), Jim Risch (R-ID), Thom Tillis (R-NC), Bill Hagerty (R-TN), Katie Britt (R-AL), Tim Sheehy (R-MT), Roger Wicker (R-MS), and Deb Fischer (R-NE) in co-sponsoring the proposed constitutional amendment.

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI USA: Schatz, Senate Democrats Hold Senate Floor All Night To Oppose Confirmation of Right-Wing Author of Project 2025 To Lead Budget, Management Office

    US Senate News:

    Source: United States Senator for Hawaii Brian Schatz

    WASHINGTON – U.S. Senator Brian Schatz (D-Hawai‘i) joined members of the Senate Democratic caucus in holding the Senate floor for 30 consecutive hours in order to delay the confirmation of Russell Vought, the right-wing author of Project 2025, to be Director of the Office of Management and Budget (OMB).

    As one of the chief architects of the radical, right-wing manifesto, Project 2025, Vought’s proposals to broadly slash federal funding threaten Medicare, Medicaid, and Social Security. Vought was also behind President Trump’s illegal attempt to freeze federal funding last week, stopping taxpayer dollars from flowing to schools, police and fire departments, community health centers, food pantries, and other vital programs across the country.

    “If confirmed as the Director of OMB, Russ Vought may well be the most important man that no one’s ever heard of,” said Senator Schatz. “Under normal circumstances, the OMB directors are powerful, but kind of anonymous. But Russ Vought wants to go way beyond that. He wants to take an agency that people outside of Washington haven’t even heard of, and turn it into the nerve center and power center of the federal government. He wants to consolidate power at OMB in such a stark and sometimes illegal way that he alone will get to decide who deserves the government’s help and who doesn’t.”

    Schatz previously spoke out about how the now-rescinded OMB memo that froze all federal grants was plainly illegal by disregarding Congress’ constitutional authority to appropriate funding.

    A video of Senator Schatz’s initial remarks is available here. A transcript is below:

    We’re doing something a little unusual. First of all, every Democrat is united on the vote that will occur 26 or 27 hours from now. Second of all, almost every United States Senator on the Democratic side is going to come to this floor to articulate why we are united, and why we think this moment is so important.

    If confirmed the Director of OMB, Russ Vought may well be the most important man that no one’s ever heard of. Under normal circumstances, the OMB directors are powerful, but kind of anonymous because they’re responsible for technical things, nerdy things, developing and implementing the entire federal budget, and they advance the priorities of the president, whomever. Democrat or Republican.

    But Russ Vought wants to go way beyond that. He wants to take an agency that people outside of Washington haven’t even heard of, and turn it into the nerve center and power center of the federal government. He wants to consolidate power at OMB in such a stark and sometimes illegal way that he alone will get to decide who deserves the government’s help and who doesn’t.

    You do not have to take my word for it. I’m a Democrat. I always want to make the case for our side. But I want you to understand these are his words because he’s one of the authors of Project 2025. And let me just say what he says about this job: “The director must view his job as the best, most comprehensive approximation of the president’s mind as it pertains to the policy agenda, while always being ready with actual opinions to affect the agenda within legal authorities and resources. This role cannot be performed adequately as a director if the director acts as instead an ambassador of institutional interests once its reputation as the keeper of the Commander-in-Chief’s intent is established.”

    This is like, everybody’s watched Game of Thrones, he wants to be the king’s hand. He wants to be able to say, “I represent the president in any and all things foreign policy, domestic policy, tax policy, spending policy, all of it.” And that’s actually not what an OMB Director is supposed to do.

    He then talks about a practice called “apportionment” to essentially get around the bills that we pass, the appropriations bills. He wrote, “No director should be chosen who is unwilling to restore apportionment decision-making to the program associate directors who are political appointees, not career officials, personally review who is not aggressive in wielding the tool on behalf of the president’s agenda, or who is unable to defend the power against attacks from Congress.

    Look, the door swings both ways in Washington, and this attempt to consolidate power and basically make the legislature irrelevant is going to bite us all in the butt. There’s going to be a progressive president, and if this is allowed to stand, they are going to reach in and defund stuff you like. That is the creature of a duly enacted law.

    And I get that this is nerdy. I’m not saying anybody should make this their primary point of opposition to the president, but we’re here on the floor of the United States Senate. So let’s be a little serious for a moment and say that we swore an oath to uphold the law and Constitution of the United States, and the Constitution is actually it’s ambiguous about a couple of things, but it’s not ambiguous about this: we hold the purse strings for the Article I branch, and our power, besides confirming or rejecting nominees, is substantially that we set the parameters for a spending bill.

    And I get that there are 53 members on the other side of the aisle that have a different view of spending that I than I do, and I get that we just lost. And so we’re in for some outcomes that we don’t like. I’m not complaining about outcomes that I don’t like. I am complaining about an unlawful view of the separation of powers. And we saw it last week when they just literally froze all federal funding, not even with the pretext of like, “Hey, we’re just going to review this and make sure, like everything’s, you know, no fraud, waste and abuse”.

    They just shut down the Medicaid portal. They shut down Head Start. They froze construction projects. And so I want everybody to understand what’s at stake here is literally the American system of government, because these guys view this branch of government, the one that is plural, not just one person elected, but 535 people elected from their states and their districts to represent all of the people of the United States of America. And it is supposed to be messy, and it is supposed to be contentious. And you know what? It’s also sometimes supposed to be slow.

    It’s supposed to be slow. It’s supposed to be hard. We have the best document undermining any country that has ever existed in human history. And what it does is it says, “We don’t want any branch of government to be too powerful. And so this is not some trivial, little partisan dispute about particular programs. This is the ability for the executive branch to literally seize power, storm into the offices of an agency that they hate, and shut it down operationally, and use a bunch of white shoe law firm, fancy pants words to develop a pretext for eviscerating the United States Constitution, which clearly gives us the authority to establish spending laws, right? And can we spare ourselves the punditocracy, “Well, Democrats should be focusing on something else”.

    I understand. I understand that some of the stuff that we’re going to say to each other on the Senate floor is, like, not necessarily compelling to people outside of this building, but people outside of this building understand on a very basic level that there are three branches of government, and they’re supposed to be roughly equal and stealing power from the legislative branch is inherently bad, even if you agree with the outcome, even if you think, “Well, I kind of agree with them, I don’t like this program”.

    If you don’t like a program, introduce a bill. If you want to defund something, there’s like an actual process for that. There’s a lot of stuff I don’t like in the federal budget, and I usually propose cuts to those things that I don’t like, and sometimes I prevail, and sometimes I don’t. But I have no illusions that I’m a monarch.

    And it is true that this president of the United States won a free and fair election to be at the helm of the executive branch, but he did not win a free and fair election to be the monarch of the United States or the CEO of the United States. And I think one of the conceptual problems with bringing in all these billionaires is they really are the monarchs of their companies. That’s like how the private sector, where you’re the CEO, and you want something to happen, you just tell them, “This is what’s going to happen. This is not a democracy. I’m the boss. Do it.” That’s literally not our constitutional system.

    And so Russ Vought has ideas that I disagree with about the size and the scope of the federal government. And that’s part of this, right? He really does want to cut Medicaid, cut Medicare, cut the Affordable Care Act, eliminate programs that I think are essential for people in Hawai‘i and people across the country. But there really is something bigger at stake right now.

    And we all of us, Democrats, Republicans, independents, the media, which is so damn casual about what is happening, we have to understand that when you’re in the middle of the fight, you’re not sure if this is a historic moment. When you read about it in the past, you can identify that historic moment. When you observe it in a faraway place with a hard to pronounce name, you can identify what’s happening: creeping fascism. When it happens and you’re in the middle of it, you’re not so sure if it’s your moment to display any sense of independence or courage, and if this is going to be stopped, we only have 47 votes. Three people at some point. I have no illusions that it will be in the next 30 hours. But three people at some point have to say, “I like conservative outcomes. I like conservative justices. I like tax cuts, but I don’t like unlawfulness. And those are my parameters.”

    I am an adult. I have been here for 13 years. I’ve been in the majority. I’ve been in the minority. I’ve been in sort of every iteration of whatever elections bring. That’s okay. That is the way this process works. What is happening right now is an attempt to reorder the whole damn system in a way that is going to make every individual citizen across the country, across the country, less powerful. Because when you elect someone, and I’ll yield to the senator from Minnesota in just a moment, when you elect someone, and you tell them you’re spending priorities and they come home and say, “Good news, I got this” or “Good news, I cut this.”

    And then you realize, that’s only a recommendation. It’s the OMB director whose name you’ve never heard of – his name is Russ Vought – who gets to decide. That’s not our system of government, and that’s why we’re going to be fighting all night about this issue.

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI USA: Durbin, Marshall Draw FDA Attention To Misleading Drug Commercial Set To Run During Super Bowl

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin

    February 07, 2025

    Deceptive advertisement for weight-loss medication omits safety & risk information, Senators preview new legislation to close loopholes for drug ads

    CHICAGO – U.S. Senate Democratic Whip Dick Durbin (D-IL) and U.S. Senator Roger Marshall, M.D. (R-KS) today sent a bipartisan letter to the Food and Drug Administration (FDA) to draw the agency’s attention to an upcoming pharmaceutical advertisement that is slated to air during the Super Bowl on Sunday to more than 120 million Americans, which misleads patients by omitting any safety or side effect information when promoting a specific type of weight loss medication.

    FDA regulates direct-to-consumer (DTC) advertisements for pharmaceuticals to ensure they are not false or misleading, by disclosing side effects, contraindication, and effectiveness information to the public. Under federal law and regulations, FDA requires that prescription drug advertisements be truthful, not misleading, and balanced—failure to do so risks FDA enforcement action, including civil monetary penalties. 

    The Senators wrote, “An upcoming Super Bowl advertisement, which has been publicly posted online, appears to showcase a company’s ability to prescribe and dispense GLP-1 medications to patients, including with text and claims about weight loss drugs, and imagery of an injection pen with distinctive characteristics reflective of an existing brand-name medication. However, nowhere in this promotion is there any side effect disclosure, risk, or safety information as would be typically required in a pharmaceutical advertisement.”

    “By comparison, the FDA-approved labels and advertisements for brand-name GLP-1 medications include significant risk disclosures to patients about side effects and contraindications, including warnings about potential gallbladder, pancreas, vomiting, diarrhea, and other implications. Further, for only three seconds during the minute-long commercial does the screen flash in small, barely legible font, that these products are not FDA-approved,” the Senators continued.

    The advertisement appears to be exploiting a perceived loophole in federal law regarding promotions of compounded drugs by telehealth companies.  However, the Senators’ letter argues this advertisement does fall under FDA’s jurisdiction, and previews legislation that will soon be introduced to close any gaps regarding prescription drug advertising.

    Drug manufacturers in the United States spend approximately $6 billion annually in DTC prescription drug advertisements, with approximately one-third of all commercial time across evening news programs being consumed with these pharmaceutical promotions. A recent study in the Journal of the American Medical Association found that more than two-thirds of drugs advertised on television were considered “low therapeutic value.”

    The Senators continued, “We recognize the important roles that pharmaceutical compounding and telehealth play in the health care delivery system, helping to ensure access to FDA-approved products and filling a need for more customized treatments. However, we believe there should be no disparity in pharmaceutical advertising requirements between regulated entities.”

    “To the extent this falls within a regulatory loophole for the FDA’s authorities, we plan to soon introduce bipartisan legislation to close this gap, so that patients are not deceived by advertisements that glaringly omit critical safety and side effect information. But, we believe FDA may already have the authority to take enforcement action against marketing that may mislead patients about this company’s products,” the Senators concluded.

    Recently, a STAT News article highlighted the direct-to-consumer telehealth company Hims & Hers, which will air a Super Bowl ad promoting its GLP-1 weight loss medications.

    Durbin recently reintroduced the Drug-price Transparency for Consumers (DTC) Act, a bipartisan bill that would require price disclosures on advertisements for prescription drugs in order to empower patients and reduce Americans’ colossal spending on medications. 

    Full text of the letter is available here and below:

    February 7, 2025

    Dear Acting Commissioner Brenner:

    As part of the Food and Drug Administration’s (FDA) mission to protect public health, the agency conducts regulatory oversight of direct-to-consumer (DTC) advertisements for pharmaceuticals.  FDA enforces the law and regulations to ensure prescription drug advertisements are not false or misleading, including by communicating side effects, contraindication, and effectiveness information to the public.  In the last six months of 2024, FDA issued four important untitled letters to manufacturers to seek corrections to their false or misleading pharmaceutical advertisements.  We write to draw your attention to an upcoming advertisement that is slated to air during the Super Bowl on Sunday to more than 120 million Americans, which risks misleading patients by omitting any safety or side effect information when promoting a specific type of weight loss medication. 

               

    Under Section 502 of the Federal Food, Drug, and Cosmetic Act, as well as its implementing regulations at 21 CFR 202.1, FDA requires that prescription drug advertisements be truthful, not misleading, and balanced. 

    An upcoming Super Bowl advertisement, which has been publicly posted online, appears to showcase a company’s ability to prescribe and dispense GLP-1 medications to patients, including with text and claims about weight loss drugs, and imagery of an injection pen with distinctive characteristics reflective of an existing brand-name medication. 

    However, nowhere in this promotion is there any side effect disclosure, risk, or safety information as would be typically required in a pharmaceutical advertisement.  By comparison, the FDA-approved labels and advertisements for brand-name GLP-1 medications include significant risk disclosures to patients about side effects and contraindications, including warnings about potential gallbladder, pancreas, vomiting, diarrhea, and other implications.  Further, for only three seconds during the minute-long commercial does the screen flash in small, barely legible font, that these products are not FDA-approved.

    We recognize the important roles that pharmaceutical compounding and telehealth play in the health care delivery system, helping to ensure access to FDA-approved products and filling a need for more customized treatments.  However, we believe there should be no disparity in pharmaceutical advertising requirements between regulated entities.

    To the extent this falls within a regulatory loophole for the FDA’s authorities, we plan to soon introduce bipartisan legislation to close this gap, so that patients are not deceived by advertisements that glaringly omit critical safety and side effect information.  But, we believe FDA may already have the authority to take enforcement action against marketing that may mislead patients about this company’s products.  Thank you for your attention to this matter. 

    Sincerely,

    -30-

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI Russia: Financial news: Trading volume on the Moscow Exchange’s SFI market increased by 70% in 2024

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    Trading volumes on the Moscow Exchange standardized derivatives market increased by 77% in 2024, from 8.3 trillion to 14.7 trillion rubles.

    Today, 85 Russian financial sector companies conclude transactions on the DFI market, of which 20 companies entered the market in 2024. In particular, non-state pension funds and insurance companies received the opportunity to conduct transactions with over-the-counter derivatives with a central counterparty (CCP) last year.

    Today on on the Moscow Exchange’s SPF market Interest rate swaps, currency swaps, currency-interest rate swaps, currency forwards with a maturity of three days to 10 years depending on the type of instrument are traded. The instruments of the SPFI market provide the opportunity for the most flexible management of currency and interest rate risks in transactions on the markets of the underlying asset.

    Transactions on the SFD market are concluded with the CCP, which allows combining the flexibility of over-the-counter derivatives and the reliability of the Moscow Exchange settlement infrastructure. This also frees financial market participants from the need to assess the risks of each counterparty and sign general agreements with all of them, reduces capital costs and takes advantage of unified clearing and collateral with other Moscow Exchange markets.

    Since its launch in 2013, the SFI market has developed in two directions – exchange and over-the-counter. Since 2019, the trading activity of participants has been concentrated exclusively in over-the-counter transactions with a central counterparty. In connection with this, a decision was made to terminate the functioning of the exchange segment of the SFI market., and May 13, 2022 was set as the last trading day on which exchange contracts could be concluded on the SFD market.

    Moscow Exchange will continue to develop tools for managing various types of risks. In December 2024, the SFI market was launched new trading and clearing system “SAPFIR”, which combines advanced trading and clearing solutions, as well as technological and methodological services in the field of risk management of the NCC. The peculiarity of the new TCS is the ability to quickly launch new over-the-counter instruments at the request of participants, which allows for an effective response to changes and market needs. Thanks to this opportunity, participants will be able to hedge credit, commodity and other types of risks in the future.

    The Moscow Exchange Group operates the only multifunctional exchange platform in Russia for trading shares, bonds, derivatives, currencies, money market instruments and commodities. The Group includes a central depository and a clearing center that acts as a central counterparty in the markets, which allows Moscow Exchange to provide its clients with a full cycle of trading and post-trading services.

    Contact information for media 7 (495) 363-3232Pr@moex.kom

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

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

    HTTPS: //VVV. MOEX.K.MOM/N77485

    MIL OSI Russia News –

    February 8, 2025
  • MIL-OSI Canada: Saskatchewan’s Year Starts Off Strong with the Lowest Unemployment Rate Among Provinces and 9,900 New Jobs

    Source: Government of Canada regional news

    Released on February 7, 2025

    According to the latest labour force survey numbers from Statistics Canada, Saskatchewan started off 2025 tied for the lowest unemployment rate among provinces at 5.4 per cent, below the national average of 6.6 per cent. The province also added 9,900 new jobs year-over-year for the month of January. 

    “Saskatchewan continues to regularly have one of the lowest unemployment rates in the nation as our economy continues to create more jobs and more opportunities,” Deputy Premier and Immigration and Career Training Minister Jim Reiter said. “Our government is committed to ensuring that Saskatchewan continues to grow and that is why we are focused on growing access to health care and educational spaces while taking action to make life more affordable for Saskatchewan people.” 

    Year-over-year full-time employment increased by 3,000, an increase of 0.6 per cent. Female employment is up 4,300, an increase of 1.5 per cent, and male employment is up 5,400, an increase of 1.7 per cent. 

    Major year-over-year job gains were reported for construction, up 6,300 (+16.6 per cent), health care & social assistance, up 5,900 (+6.5 per cent), and agriculture, up 3,500 (+15.3 per cent).

    Saskatchewan’s two biggest cities also saw year-over-year growth. Compared to January 2024, Saskatoon’s employment was up 10,400, an increase of 5.4 per cent, and Regina’s employment was up 1,200, an increase of 0.8 per cent.

    Saskatchewan also saw strong growth across other economic indicators. The province ranked second in year-over-year retail trade growth with a 5.1 per cent increase from November 2023 to November 2024.  Saskatchewan ranked second in the nation for month-over-month growth in building construction investment with an increase of 5.7 per cent. The province also saw an 11.8 per cent increase in year-over-year construction investment from November 2023 to November 2024.

    This economic growth is backed by the Government of Saskatchewan’s recently released Building the Workforce for a Growing Economy: The Saskatchewan Labour Market Strategy, a roadmap to build the workforce needed to support Saskatchewan’s strong and growing economy, and Securing the Next Decade of Growth: Saskatchewan’s Investment Attraction Strategy, a plan to increase investment in the province and to furth advancing Saskatchewan’s Growth plan goal of $16 billion in private capital investment annually.

    -30-

    For more information, contact:

    MIL OSI Canada News –

    February 8, 2025
  • MIL-OSI USA: Ernst Fights to Keep Higher Education Accessible for Farm Families

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)
    WASHINGTON – U.S. Senators Joni Ernst (R-Iowa) and Michael Bennet (D-Colo.) are standing up for families and fighting to reverse changes to the Free Application for Federal Student Aid (FAFSA) process that could reduce or even eliminate access to need-based student aid for farm families and small business owners.
    Their bipartisan Family Farm and Small Business Exemption Act would amend the FAFSA Simplification Act to restore the original exemption of all farmland, machinery, other operational materials, and small businesses with fewer than 100 employees from being declared on the FAFSA form.
    “No one should have to sell off the farm – or their small business – to afford college. As a farm kid myself, I know the enormous impacts grants and financial aid have on rural students’ decision to go to college,” said Ernst. “I’m fighting for Iowa families, so unfair policies don’t hold them back from investing in their child’s education.”
    “From Colorado to Iowa, federal financial aid helps ensure more students can afford college – including students from farm families, whose businesses are vital to our communities and economies,” said Bennet. “Our bipartisan bill will help ensure these students receive the financial aid they need.”
    Congressman Tracey Mann (R-Kan.) is introducing this legislation in the House:
    “Across Kansas’ Big First District and the country, net farm income has decreased by nearly 25% since 2022,” said Rep. Mann. “Between navigating record-levels of inflation and skyrocketing input costs, our family farmers, ranchers, agricultural producers, and small business owners are doing their best to make an honest living. When young people from these families are applying for higher education financial aid, the assets tied up in the family farm or the small business should not count against them. Congress should work to make life easier, not harder, for these dedicated families and students. My bill evens the playing field for these students and families, while protecting the American dream for every student regardless of their parents’ career ventures.”
    Under the previous contribution formula, the expected family contribution – calculated from information taken from the FAFSA form – did not include farm or small business assets. However, under the new formula the student aid index will take those assets into account, drastically driving up the amount a family is expected to contribute. 
    “Senator Ernst has taken an important step to restore equity to farm families whose special circumstances were lost in the efforts to simplify the FAFSA. Leaving deserving farm families out of federal student aid programs is not simplification, it is bad policy. The nation’s private colleges are very appreciative for all she is doing to fix this mistake,” said Barbara Mistick, President of the National Association of Independent Colleges and Universities.
    “Senator Ernst’s bill is a win for Iowa families, ensuring students from family farms and small businesses across the country don’t lose out on critical financial aid. This is a step forward for Iowans and removes an unnecessary barrier to higher education,” said Brenda Buzynski, Assistant Provost and Director of Student Financial Aid at University of Iowa.
    “Our country’s farmers and ranchers are facing tremendous challenges, from a strained farm economy to legislative and regulatory uncertainty. Making it more difficult for their children to attain a college education shouldn’t be an added burden. We know that farmers’ assets are tied up in the value of their land, livestock and equipment, yet their kids may not qualify for federal financial student aid. AFBF commends Senator Ernst’s work to find a solution to the challenges created by the asset calculation changes in the FAFSA Simplification Act,” said Ryan Yates, Managing Director of Government Affairs at American Farm Bureau Federation.
    “NASSGAP is pleased to support Senator Joni Ernst’s efforts to ensure continued access to the financial aid children of family farmers need to attend college. Family farmers are the backbone of America and NASSGAP is honored to help Sen. Ernst ensure their children have the same access to higher education,” said Frank Ballman, Director of Federal Relations at the National Association of State Student Grant and Aid Programs.
    Background:
    Ernst has been a strong advocate for Iowa families to be able to responsibly finance their child’s education. 
    After Biden’s Department of Education botched their FAFSA rollout, Ernst supported the FAFSA Deadline Act that became law and gave families the certainty they deserve. To ensure more Iowa families are not left out, Ernst conducted critical oversight, demanded answers on behalf of agricultural communities, and worked to get input directly from impacted Iowans.
    On her annual River to River Tour, Ernst hosted town halls and met with students and schools to discuss the effects of FAFSA to bring Iowans’ concerns to Washington.

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI USA: Lankford Introduces Bill to Block Tax Breaks for Marijuana Businesses

    US Senate News:

    Source: United States Senator for Oklahoma James Lankford
    WASHINGTON, DC – Senator James Lankford (R-OK) this week introduced legislation to prevent marijuana businesses from deducting business expenses from their taxes. Lankford was joined on the bill by Senator Pete Ricketts (R-NE).
    “Marijuana doesn’t make our families stronger, our streets safer, or our workplaces more productive. Businesses who sell federally illegal drugs—including marijuana businesses—shouldn’t get federal tax breaks. This bill clarifies federal tax law to make sure a federally illegal product does not have a federally legal tax deduction,” said Lankford.  
    “We thank Senator Lankford for his strong leadership in both fiscal responsibility and drug policy. The federal government should not be in the business of giving tax relief to the federally illegal, addiction-for-profit marijuana industry. This legislation would prevent deficit increases while ensuring that taxpayers don’t foot the bill for the revenue gap made by tax write-offs for people who choose to violate federal law and poison our kids,” said Dr. Kevin Sabet, President and CEO of Smart Approaches to Marijuana (SAM).
    Since the Tax Equity and Fiscal Responsibility Act of 1982, tax law has prevented businesses trafficking Schedule I or II drugs from deducting business expenses. However, if the Biden Administration’s push to reschedule marijuana is successful, marijuana businesses would be able to take business deductions. This bill preempts that loophole and ensures that marijuana businesses would not be able to deduct business expenses from their taxes. 
    Oklahoma has over 3,000 licensed marijuana growers. The Oklahoma Bureau of Narcotics (OBN) believes that thousands of those farms have had a Chinese connection since Oklahoma legalized marijuana in 2018. The marijuana market in Oklahoma has ushered in other serious crimes like human trafficking, forced labor, and money laundering, and in response, Lankford introduced the Soil Act to prevent purchases of Oklahoma agricultural land by foreign entities. 

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI USA: Peters Reintroduces Bipartisan Bill to Strengthen U.S. Manufacturing Policy and Global Competitiveness

    US Senate News:

    Source: United States Senator for Michigan Gary Peters
    WASHINGTON, DC – U.S. Senator Gary Peters (MI) reintroduced bipartisan legislation to establish a National Manufacturing Advisory Council within the U.S. Department of Commerce. The Advisory Council would bring together leaders in manufacturing, labor, and education to advise both Congress and the Secretary of Commerce on how best to ensure the United States remains the top destination globally for investment in manufacturing. It would serve as a bridge between the manufacturing sector and federal government to improve communication and collaboration, and better support the industry and its workforce. Peters introduced the National Manufacturing Advisory Council for the 21st Century Act with U.S. Senator Marsha Blackburn (R-TN). The bill passed the Senate with unanimous support last Congress.  
    “Our manufacturers, labor leaders, and experts bring an important real-world perspective that can help ensure the United States remains at the forefront of advanced manufacturing globally,” said Senator Peters. “This bipartisan legislation would give our industry leaders a seat at the table to help shape federal manufacturing policy and inform our response to emerging challenges and threats.”   
    “This initiative, the National Manufacturing Advisory Council Act, is designed to improve the resources and support for our nation’s small and medium-size manufacturers, which are a truly vital driver of our economy. I applaud Senator Peters for his steadfast, unwavering commitment to American manufacturing,” said Ingrid Tighe, President of the Michigan Manufacturing Technology Center, the Michigan representative of the Hollings Manufacturing Extension Partnership (MEP) program, part of the National Institute of Standards and Technology (NIST). 
    “We applaud Senator Gary Peters for introducing this bill to improve the federal government’s planning and coordination of efforts to strengthen domestic manufacturing,” said Scott Paul, President of the Alliance for American Manufacturing. “Recent supply chain disruptions have made clear that it is time for the United States to shore up its critical manufacturing capabilities, which will not only better prepare us for the next crisis but also create jobs and boost the economy. This increased coordination between the many programs designed to support our manufacturers and their workers is an important step towards rebuilding our industrial base. We are grateful to Senator Peters for his efforts to bolster American manufacturing.” 
    “The Association of Equipment Manufacturers applauds Senator Gary Peters and Senator Marsha Blackburn for their continued leadership on behalf of the manufacturing sector and for introducing legislation that will prioritize a national strategy focused on ensuring American manufacturing policy can rapidly respond to changes in the global marketplace,” said Kip Eideberg, AEM Senior Vice President of Government and Industry Relations. “Our economic prosperity and national security depend on a strong manufacturing sector, and establishing a National Manufacturing Advisory Council will help unleash innovation and mobilize a comprehensive, coordinated, and competent national effort in support of the manufacturing sector and its workforce.”   
    “We commend Senator Gary Peters (D-MI) and Senator Marsha Blackburn (R-TN) for today introducing legislation to establish a National Manufacturing Advisory Council,” said Ana Meuwissen, Senior Vice President of Government Affairs for MEMA, The Vehicle Suppliers Association. “This council will be a forum for manufacturers and other key stakeholders to provide input to the Department of Commerce (DOC) on important long-range issues such as workforce, supply chain, technology, and defense industrial base. The NMAC legislation would also foster better coordination of federal manufacturing policy in the DOC and across the federal government. When this legislation is enacted, it will be an asset to assist in retaining U.S. competitiveness in critical manufacturing sectors like motor vehicle parts.”   
    The Advisory Council would meet at least twice a year and be tasked with providing lawmakers with a national strategic plan – including recommendations to address workforce issues, supply chain interruptions, and other logistical and emerging challenges. Specifically, the Advisory Council would be required to: 
    IDENTIFY AND ASSESS the impacts of technological developments, production capacity, skill availability, investment patterns, and emerging defense needs on the manufacturing competitiveness of the United States. 
    SOLICIT INPUT from the public and private sectors as well as academia on emerging trends in manufacturing. 
    PROVIDE RECOMMENDATIONS to the Secretary regarding global and domestic manufacturing trends threatening the U.S. manufacturing sector, including supply chain interruptions, regulatory and logistical challenges, and technological changes. The Advisory Council would also advise the Secretary on areas to increase federal attention with respect to manufacturing – as well as matters relating to the U.S. manufacturing workforce such as the impact of burgeoning technology and worker training and education priorities. 
    Peters has made strengthening domestic manufacturing a top priority of his work in the Senate. Peters helped craft and pass into law the CHIPS and Science Act, which includes a provision he authored to support the domestic production of mature semiconductor technologies and ensure that projects supporting critical manufacturing industries, such as the auto industry, are given priority status. This funding was in addition to $50 billion already in the bill to incentivize the production of semiconductors of all kinds in the U.S. – for a total of $52 billion. 
    The CHIPS and Science Act also authorized increased funding for the Manufacturing Extension Partnership (MEP) program, which has been a priority for Peters. Peters also supported and helped pass the Inflation Reduction Act, which will strengthen domestic manufacturing, onshore our supply chains, combat the climate crisis and create millions of American jobs. 

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI: BitconeMine Launches AI-Powered Cloud Mining Platform to Maximize Investor Returns

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Feb. 07, 2025 (GLOBE NEWSWIRE) — BitconeMine, a leading cloud mining provider, announces the official launch of its AI-powered cloud mining platform, designed to help investors achieve stronger wealth potential with minimal effort. This innovation marks a significant breakthrough in crypto mining, making Bitcoin mining more accessible, cost-effective, and profitable for users worldwide.

    AI-Driven Mining for Higher Efficiency

    Traditional Bitcoin mining requires substantial investment in high-end hardware, energy costs, and technical expertise. BitconeMine’s newly launched AI-powered cloud mining platform eliminates these barriers, allowing users to participate in cryptocurrency mining without the need for expensive equipment or specialized knowledge.

    Through advanced AI-driven optimization, BitconeMine enhances mining efficiency by reducing energy consumption, dynamically managing hardware performance, and minimizing downtime. This cutting-edge technology ensures higher returns while maintaining an environmentally friendly approach.

    Key Benefits of BitconeMine’s Cloud Mining Service

    1. Instant Mining Access with Flexible Contracts – Users can choose from various mining contract packages, providing fixed daily income based on their investment preferences.
    2. Zero Equipment & Maintenance Costs – No need to purchase or maintain mining rigs; BitconeMine handles all operational expenses.
    3. Global Accessibility with Mobile Monitoring – Investors can mine Bitcoin from anywhere in the world using just a smartphone. The BitconeMine app provides real-time income tracking.
    4. Enhanced Security & Insurance Protection – All user data is safeguarded by SSL encryption, and mining investments are protected through L&G insurance policies.
    5. Multiple Cryptocurrency Support – Users can settle earnings in USDT-TRC20, BTC, ETH, LTC, USDC, USDT-ERC20, BCH, DOGE, SOL, and XRP.
    6. Exclusive Welcome Bonus – New users receive a $10 registration bonus and can earn a daily passive income of $0.6 through the mining experience program.
    7. 24/7 Customer Support – BitconeMine offers round-the-clock assistance to resolve any user inquiries or technical issues.

    Shaping the Future of Cloud Mining

    BitconeMine’s AI-powered platform aims to revolutionize the crypto mining industry by diversifying revenue sources and reducing dependence on Bitcoin price fluctuations. By leveraging artificial intelligence, miners can optimize their operations, ensuring long-term stability and enhanced profitability.

    For more details on how to start mining effortlessly and earn passive income, visit https://bitconemine.com today.

    Contact:
    Lily Tanoria
    info@bitconemine.com

    Disclaimer: This press release is provided by BitconeMine. The statements, views, and opinions expressed in this content are solely those of the sponsor and do not necessarily reflect the views of this media platform. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in cloud mining and related opportunities involves significant risks, including potential loss of capital. Readers are strongly advised to conduct their own research and consult a qualified financial advisor before making any investment decision.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e3b6d823-ff7e-4ffc-9d43-aad1d6e22296

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1dc56c40-d3ca-4017-a01f-e700bb10673a

    The MIL Network –

    February 8, 2025
  • MIL-OSI United Kingdom: Trader hauled into court over illegal sale of knives to children

    Source: City of Manchester

    Efforts to keep knives off the street and out of the hands of children has continued this week as a rogue trader was brought before Magistrates.

    Following a test purchase carried out in April this year Younis Cash and Carry, trading as Sha Superstore Limited, has been fined nearly £1,000 for failing to adhere to laws governing the sale of age restricted items.

    The Council was first made aware of this premises following a complaint made in April 2023 that a knife had been sold to an underage person. Following this written guidance was sent to the store to remind them and their employees what the law was around the sale of knives.

    On April 8, 2024 a test purchase operation was carried out where a 13-year-old volunteer went into the shop and bought a pack of knives for £1.49. They were not challenged over their age or asked to provide any form of ID when completing this purchase.

    Officers then immediately intervened, questioning the sales assistant who demonstrated a total lack of knowledge around age-restricted products.

    An interview took place with the company’s director on May 30, 2024 where it was stated that verbal training was given to staff around the sale of age-restricted products, but was not documented. It was also confirmed that no refresher training took place around these laws.

    He also stated that since the Council’s visit, the shop no longer sells knives.

    On February 6, 2025, the case was heard before Manchester Magistrates’ Court. During the hearing the director pleaded guilty on behalf of Sha Superstore Limited.

    The company was ordered to pay an £800 fine, a victim surcharge of £320 and costs of £607.80.

    A spokesperson for Manchester City Council said: “Laws around the sale of knives are extremely strict for a reason. There is absolutely no excuse to sell a set of knives to a child who is quite clearly underage.

    “Operations like this show that we as a Council are committed to keeping our communities and children safe and we hope this sends a clear message that the sale of restricted products to children will be met with legal action.”

    MIL OSI United Kingdom –

    February 8, 2025
  • MIL-OSI USA News: Amendment to Duties Addressing the Synthetic Opioid Supply Chain in the People’s Republic of China

    Source: The White House

    By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.), the National Emergencies Act (50 U.S.C. 1601 et seq.), section 604 of the Trade Act of 1974, as amended (19 U.S.C. 2483), and section 301 of title 3, United States Code, I hereby determine and order:

         Section 1.  Amendment.  Regarding the Executive Order of February 1, 2025 (Imposing Duties to Address the Synthetic Opioid Supply Chain in the People’s Republic of China), the following shall replace subsection (g) of section 2:
         “(g)  Duty-free de minimis treatment under 19 U.S.C. 1321 is available for otherwise eligible covered articles described in subsection (a) of this section, but shall cease to be available for such articles upon notification by the Secretary of Commerce to the President that adequate systems are in place to fully and expediently process and collect tariff revenue applicable pursuant to subsection (a) of this section for covered articles otherwise eligible for de minimis treatment.”

    Sec. 2.  General Provisions.  (a)  Nothing in this order shall be construed to impair or otherwise affect:
    (i)   the authority granted by law to an executive department, agency, or the head thereof; or
    (ii)  the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.
    (b)  This order shall be implemented consistent with applicable law and subject to the availability of appropriations.

    (c)  This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

    THE WHITE HOUSE,
        February 5, 2025.

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI USA: Governor Lamont: Connecticut Doubles Down on Its Title as Pizza Capital of the United States

    Source: US State of Connecticut

    (NEW HAVEN, CT) – Ahead of National Pizza Day, which is celebrated this year on Sunday, February 9, Governor Ned Lamont, state and local officials, and dozens of small business owners from across Connecticut announced a bold set of new initiatives the state is taking to celebrate its world-famous pizza culture, including through a series of high-profile events and activations that blend food, fashion, and pop culture.

    “Connecticut pizza isn’t just food, it’s a way of life,” Governor Lamont said. “From New Haven to Hartford to Mystic, our pizza culture is unmatched, and these initiatives will make sure the whole world knows it. This isn’t just about great sauce and slices – it’s about the stories, traditions, and rivalries that have made Connecticut the beating heart of America’s pizza culture.”

    Leading the charge is the launch of The Pizza Capital Trail, a statewide collection of Connecticut’s top pizzerias as determined by public voting and a panel of food experts. Other highlights include an interactive pizza-inspired art installation, a fashion collaboration featuring custom Air Jordan 1’s, and a record-setting pizza party aiming to claim a spot in the Guinness World Records.

    “Connecticut pizza isn’t just something you eat – it’s something you argue about, obsess over, and defend like your sibling or favorite sports team,” Anthony Anthony, Connecticut’s chief marketing officer said. “We’ve always known we’re the Pizza Capital of the United States, but now we’re proving it in ways that go beyond the food – through art, fashion, and experiences that celebrate the passion baked into every slice.”

    A newly released report from the Office of Comptroller Sean Scanlon finds that there are 1,376 pizza restaurants in Connecticut, with New Haven leading the way with 63 pizza establishments. The report also notes Connecticut leads national rankings when it comes to pizzerias per capita and locally-owned establishments.

    Key initiatives unveiled

    The Pizza Capital Trail: Connecticut is preparing to launch The Pizza Capital Trail, which celebrates the state’s top pizzerias. Beginning March 14, 2025, (Pi Day!) the public and a panel of experts will able to vote on the best pizzerias in the state. Voting will be open daily and will close on May 1. The trail will be unveiled in late September, prior to National Pizza Month. Fans will soon be able to cast their votes online by visiting PizzaCapitalTrail.com.

    “The Pizza State” Art Installation: An interactive nine-foot by six-foot fine art piece designed by Michael Pollack of New Haven Pizza Club (NHVPC), made entirely from Connecticut highway signs. It will be displayed at New Haven Pizza Club inside of District (470 James Street, New Haven) for the month of February for visitors to sign and share their favorite pizza spot in Connecticut. It will then be permanently moved for display at Tweed New Haven Airport, which will be seen by more than 1.5 million travelers this year.

     

    Pizza-Themed Air Jordans: Pollack has custom-designed three pairs of Nike Air Jordan 1’s featuring Connecticut pizza-inspired elements. They will be displayed at Sneaker Junkies (976 Chapel Street, New Haven), and then later auctioned at the Strength in Numbers Fashion Show on June 7, 2025, at District (470 James Street, New Haven) with proceeds benefiting Feeding Families Foundation.

     

    Strength in Numbers Fashion Show: On June 7, 2025, at District (470 James Street, New Haven), fashion designer Justin Haynes (Jus10) and artist Michael Pollack will showcase a pizza-themed fashion collection. Yale New Haven Children’s Hospital and the State of Connecticut are title sponsors, and proceeds support Feeding Families Foundation.

    A Throne Fit for a Pizza Queen: This oversized throne was designed and custom built by Pollack as a “Thank You” to Congresswoman Rosa DeLauro (CT-03), dubbing her the “Apizza Queen” for her work proclaiming Connecticut the “Pizza Capital of the United States” in 2024, as well as her work supporting Feeding Families Foundation. It can be viewed at New Haven Pizza Club in District (470 James Street, New Haven).

     

    Pizza Capital Bus Wrap: Transportation company DATTCO has unveiled a “Pizza Capital of the U.S.” bus wrap, taking Connecticut’s pizza legacy on the road.

     

    Guinness World Record Attempt: Taste of New Haven’s Colin Caplan is leading an effort to break the Guinness World Record for the largest pizza party at the Apizza Feast on Friday, September 12, 2025. The State of Connecticut is the title sponsor of the attempt, and a crowdfunding campaign is underway to bring Guinness World Records to Connecticut. Contributions can be made at tasteofnewhaven.com/apizza-feast.

    Tweed New Haven Airport and Avelo Airlines Join the Pizza Party: Tweed-New Haven Airport is collaborating with the Connecticut Office of Statewide Marketing and Tourism to enhance the airport experience with pizza-themed signage, like the 20-foot by 20-foot sign that will sit outside of arrivals, and artwork that will be on display in various locations.

     

    Additionally, New Haven’s hometown airline, Avelo Airlines, is teaming up with Taste of New Haven to offer $40 off roundtrip base fares to New Haven from 31 cities along with $40 off Taste of New Haven’s popular pizza tours. Travelers may use the CTPIZZA promo code to receive the discount on eligible flights and pizza tours.

    “A Pizza Play” at the International Festival of Arts and Ideas: A Broken Umbrella Theatre in New Haven will debut a pizza-themed theatrical production as part of the International Festival of Arts and Ideas in June, blending storytelling and Connecticut’s deep pizza legacy in a unique and engaging way.

    Leaders weigh in

    “Pizza is so rooted in Connecticut culture, and the creation of The Pizza Capital Trail is the perfect way to capture our affinity for it,” Lt. Governor Susan Bysiewicz said. “This initiative offers a unique opportunity for our residents to actively participate in some of the most heated discussions surrounding our beloved pizza establishments. Whether it’s plain with mozzarella or a classic white clam pie, I can’t wait to explore more restaurants across the state in September.”

    “We all know Connecticut has the best pizza in the country. But what most people may not know is that pizza is actually important to our state’s economy,” Comptroller Scanlon said. “A report I’m releasing today shows that we actually have the most pizza places per capita in the entire United States. That means jobs, economic activity and, yes, even tourism. So, as we celebrate National Pizza Day, let’s also celebrate how much being the Pizza Capital of the United States really means to Connecticut, beyond just the bragging rights.”

    “Connecticut is home to countless legendary, renowned pizzerias that bring world-wide recognition to our great state,” Senator Richard Blumenthal said. “Our local pizzerias and their employees dedicate their lives every day to curating the best pizza in the world – a tradition of culinary excellence spanning generations. In Connecticut, pizza is more than just food – it’s a cornerstone of our culture, the favorite comfort food that brings us together with family and friends, and a sense of pride in our community.”

    “New Haven-style apizza is not just famous – it is legendary, a blueprint,” Congresswoman DeLauro said. “For generations, Connecticut’s family-owned pizzerias have been perfecting their craft, setting the bar for what great apizza should be. From the coal-fired ovens to the crisp, charred crusts – it’s about a relentless pursuit of perfection that has made our state an apizza powerhouse.”

    “New Haven is, and always will be, the epicenter of America’s pizza scene,” New Haven Mayor Justin Elicker said. “With initiatives like these, we’re giving the world more reasons to come to New Haven and to see, taste, and experience for themselves what we’ve known all along. New Haven ah-beetz can’t be beat.”

    “I wanted to create something that truly captures the passion Connecticut has for its pizza – not just as food, but as a cultural experience,” Michael Pollack, founder of the New Haven Pizza Club, said. “This project is for everyone – locals, visitors, and die-hard pizza fanatics alike. Because once you experience apizza, you don’t just eat it – you become part of its story.”

    “New York can have its apple pie and New Jersey its pork roll, but in Connecticut it’s all about pizza,” Colin M. Caplan of Taste of New Haven said. “Pizza, a multibillion-dollar industry, is not only a big part of our economy, but it has come to symbolize our state pride and our great taste. Here pizza is meant to be shared, and we can all share in the accolades these mom-and-pop restaurants have achieved.”

    “As a company that transports people across Connecticut every day, we’re thrilled to showcase our state’s pizza pride on the road,” Don DeVivo, president of DATTCO, said. “Our new ‘Pizza Capital of the U.S.’ bus wrap is a rolling celebration of Connecticut’s legendary pizza scene, and we can’t wait for travelers to experience it firsthand.”

    Get involved

    Public voting for the Pizza Capital Trail opens March 14, 2025, at PizzaCapitalTrail.com. Upcoming events will be posted on Connecticut’s official tourism website at CTVisit.com. Contribute to the Pizza Capital Pizza Party’s attempt to break the world record for the largest pizza party at tasteofnewhaven.com/apizza-feast.

     

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI USA: Kugler, Entrepreneurship and Aggregate Productivity

    Source: US State of New York Federal Reserve

    Thank you, Jon, and thank you for the opportunity to speak to you today.1 It is such a pleasure to be back in Miami, a city I have seen grow and become ever more dynamic over the decades, as I have come many times to visit my large extended family here ever since the 1980s.
    As I discussed in my final speech of 2024, two positive supply shocks have significantly benefited the U.S. economy over the past two years and have also affected the conduct of monetary policy.2
    The first of these has been the surge in population over the past few years that has helped bring labor supply into balance with labor demand and, thus, also helped move inflation toward the Federal Open Market Committee’s (FOMC) 2 percent goal. The other positive supply shock, which I outlined in my remarks in December, has been a step-up in aggregate productivity growth since 2020, which is an increase in the amount of economic output, across the economy, per hour worked or some other unit of labor. Although productivity growth, measured quarterly, can be quite volatile, over the past five years this acceleration is quite evident. While productivity grew by about 1.5 percent a year from 2005 to 2019, starting in 2020 it has grown about 2 percent a year. This difference may not look dramatic, but because of compounding year-over-year, the consequences of an additional 1/2 percentage point in growth over the past five years are significant for workers and the U.S. economy. When workers are more productive, it effectively means that businesses can produce more without needing to add workers, and that they can pay workers more without needing to raise prices. When they are more productive, it can also serve as an incentive for businesses to expand. Across the economy, higher productivity growth means that real wages and living standards for workers can rise faster without putting upward pressure on inflation.
    And that is exactly what has been happening recently, a period when inflation has been falling while the economy is expanding. While fast growth in wages was one of the factors driving inflation in 2021 and 2022, most likely some of that increase was due to productivity growth and, hence, was not inflationary. If productivity continues to grow at an accelerated pace, it would support the FOMC’s efforts to keep unemployment low and return inflation to a sustained level of 2 percent. For that reason, I would like to spend the balance of my remarks exploring some of the possible reasons why productivity has accelerated, and the prospects that this fortunate development will continue.
    Numerous factors affect aggregate productivity, and several may have driven the increase in productivity growth in the U.S. since the pandemic, in contrast to the subdued productivity growth experienced by other advanced economies around the world.
    One such factor may have been a result of the enormous movement of workers caused by the pandemic. It began with the dramatic loss of 22 million jobs in the spring of 2020, the reemployment of many of those workers and the continued mobility as people quit jobs, switched occupations and careers, and relocated in response to the enormous changes in work and home life brought about by the pandemic. In finding new jobs, in what became a very tight labor market, workers had the opportunity to find better matches for their skills and, to some extent, work that they were motivated to carry out and which made them more productive. One indication that this was probably a significant factor in the U.S. is that other advanced economies where there was less worker movement have experienced lower rates of productivity growth.3 Economic data and research suggest that periods of strong job re-allocation are accompanied or followed by higher productivity growth.4
    The tightness of the labor market since 2021 has also likely led firms to invest to a greater extent in labor-saving as well as labor-enhancing technologies, which, of course, is traditionally one of the major sources of productivity gains. For example, many retail businesses seemed to have installed more self-checkout machines after the onset of the pandemic, allowing employers to substitute capital for workers when workers could not come to work in person and when there were severe shortages. More generally, digital technology allowed employees to continue working from home during the period of the pandemic and beyond, saving commuting time and making employees potentially more productive.5
    To the extent that these factors are boosting productivity growth, they are by their nature one-off developments that eventually will fade. A notable exception may turn out to be productivity improvements from investments in artificial intelligence (AI). AI investment by businesses has stepped up in the past two years, and it appears to be accelerating.6 The advent of the internet and related innovations boosted productivity growth for about 10 years starting in the mid-1990s, and the benefits of AI could potentially be that revolutionary and persistent.
    In addition to being temporary, the factors that I have outlined that could be boosting productivity, job re-allocation, and technological investments are themselves hard to measure across the economy. And so are their effects on productivity as well. But there is another important factor that is likely to be driving productivity higher whose effects may well persist, and that is the surge in new business formation experienced since 2019. As I will explain, new businesses are associated with higher rates of overall productivity growth, and that may be particularly true for some of the sectors in which these businesses were created.
    Applications for new business tax identification numbers jumped shortly after the pandemic began and have remained elevated since then.7 In 2024, the pace of applications that are likely to result in employer business formation was about 30 percent above its 2019 pace. This surge is largely unique to the U.S. In the euro zone, for example, business registrations have been relatively flat. This may help explain why labor productivity growth in Europe has been well below that of the U.S. in recent years.8
    The surge in applications in early 2020 was an early signal of an acceleration in the creation of job-creating new firms.9 The latest data available indicate that new firms created 1.9 million jobs in 2023, 14 percent higher than the total for 2019.10
    A couple of aspects of this surge in business entry in the U.S. are noteworthy. First, the surge was particularly noticeable in high-tech industries that, historically, are important for overall innovation and productivity growth.11 Second, while the pace of business applications has cooled somewhat over the past year, it still remains elevated and well above pre-pandemic norms. It is, in fact, proving somewhat more persistent than some expected.
    For these reasons, the surge in new business formation is highly relevant to our discussion about productivity. There is a large body of research that finds that new firms are key contributors to innovation and growth in aggregate productivity.12 This might seem surprising and counterintuitive, since it is well known that many new firms fail in their first year or two. But in the commotion of competition that these many new businesses face, there are always businesses that persist and keep their lights on, and those often do so because they are innovative and more productive. New businesses are the essence of the competition that drives market-based economies, and it is not surprising that they would be an important source of new products or processes for doing business—and a source of growth.13
    Of course, not every new firm has to innovate and grow to make important economic contributions. Every entrepreneur contributes even if they just create a job for themselves and their family members. But those new firms that do innovate and grow are critical for improvements in overall productivity over time.
    As I noted before, since the surge in entrepreneurship after the onset of the pandemic featured an increase in high-tech businesses as well, the productivity implications could be significant. Indeed, the last period of strong productivity growth in the U.S., which ran from the late 1990s into the early 2000s, was preceded by a surge of new business creation in high-tech industries, including those industries that more recently have been associated with AI-related developments.14 So this is one source of my optimism about continued robust productivity growth in the U.S.
    But it is not only the innovations produced directly by new businesses that are important, since by any measure these new firms are a small share of total businesses. New businesses also help drive innovation by existing firms. As they scramble for funding, customers, and human capital, new businesses will increase competition with existing ones, forcing them to innovate as well so they can succeed. This is surely also driving the recent acceleration in productivity growth.
    Many predicted that the surge in new business creation would disappear as effects of the pandemic have faded, but this has not really happened. It is possible that the surge in entry will recede and that its productivity effects will likewise be temporary. On the other hand, the productivity gains from a surge in entry could last for some time, since these highly productive young firms have been found to grow rapidly for several years, contributing to aggregate productivity growth along the way. Time will tell, but for now, it seems likely that this is a factor supporting productivity growth at a higher-than-historical rate.
    I will confess to you all that it is not a coincidence that I have come to Miami to highlight the role of entrepreneurship in innovation and productivity growth. Miami and the Miami metropolitan area is an extraordinarily entrepreneurial area, a place with high rates of new business creation, and it is likely an important source of the recent productivity surge.
    Out of more than 900 U.S. cities for which we have data, Miami’s post-pandemic new firm entry rate ranked 8th in the nation.15 And Miami is not alone in Florida; 5 of the top 20 cities for pandemic-era business formation are here in your state.16 Miami specifically, and Florida generally, has been a key part of the U.S. entrepreneurship story for some time. During the decade before the pandemic, Miami ranked 5th out of more than 900 U.S. cities for firm entry rates, and Florida featured 8 of the top 20 U.S. cities.17
    Miami is special in this regard. I wonder what is in the water here to produce such a dynamic, entrepreneurial culture. Perhaps it is the extent of sunshine, which has long been associated with optimism. Perhaps it is the friendly economic climate—in my own academic research, I have found that policies that facilitate business entry and support worker or job re-allocation are indeed helpful for dynamism and productivity.18 But an interesting question for me as the first Hispanic at the Board of Governors since its creation is whether the large Hispanic population in Florida is also a factor behind the impressive pace of business dynamism that I have just described.
    More than 25 percent of Florida’s population is Hispanic, compared with around 20 percent for the United States as a whole.19 Nationwide, recent data indicate that Latinos account for a dominant—and rapidly growing—share of new entrepreneurship in the U.S., with a particular increase since the pandemic.20 Of course, many of these Latino entrepreneurs are also immigrants, another group with a well-known proclivity for entrepreneurship.21 There are immigrants in Miami from the Caribbean and all over the world who contribute to the entrepreneurial culture of this city, and it is surely this culture, as much as the efforts of any nationality or group, that is the real engine of the dynamism here. I applaud you all for fostering that culture here in Florida, which is such an important contributor to the economic growth of our nation. More entrepreneurs means more productivity, which is crucial to U.S. prosperity.
    Let me conclude with an outline of my views on the outlook for the U.S. economy and the FOMC’s efforts to return inflation to our 2 percent goal while maintaining a strong labor market.
    The U.S. economy remains on a firm footing.
    Real gross domestic product (GDP) continues to grow at a solid pace. The Bureau for Economic Analysis estimates that real GDP grew 2.3 percent in the fourth quarter of 2024, and private domestic final purchases, which is the best indicator for GDP one quarter ahead, grew a solid 3.2 percent. Therefore, I anticipate solid GDP growth also in the first quarter of this year. In addition, earlier today the Labor Department reported that U.S. employers created 143,000 jobs in January and the unemployment rate edged down to 4 percent, consistent with a healthy labor market that is neither weakening nor showing signs of overheating.
    Inflation has fallen significantly since its peak in the middle of 2022, and in September the FOMC judged that it was time to begin reducing our policy interest rate from levels intended to strongly restrict aggregate demand and put downward pressure on inflation. We reduced our policy rate 100 basis points through December, but the recent progress on inflation has been slow and uneven, and inflation remains elevated. There is also considerable uncertainty about the economic effects of proposals of new policies. Going forward, in considering the appropriate federal funds rate, we will watch these developments closely and continue to carefully assess incoming data, the evolving outlook, and the balance of risks.
    Thank you again for the opportunity to speak to you today.

    1. The views expressed here are my own and are not necessarily those of my colleagues on the Federal Reserve Board or the Federal Open Market Committee. Return to text
    2. See Adriana D. Kugler (2024), “A Year in Review: A Tale of Two Supply Shocks,” speech delivered at the Detroit Economic Club, Detroit, Michigan, December 3. Return to text
    3. See Joaquin García-Cabo, Anna Lipińska, and Gaston Navarro (2023), “Sectoral Shocks, Reallocation, and Labor Market Policies,” European Economic Review, vol. 156 (July), 104494. Return to text
    4. See, for example, Lucia Foster, John Haltiwanger, and C.J. Krizan (2001), “Aggregate Productivity Growth: Lessons from Microeconomic Evidence,” in Charles R. Hulten, Edwin R. Dean, and Michael J. Harper, eds., New Developments in Productivity Analysis (Chicago: University of Chicago Press), pp. 303–63; and John Haltiwanger, Henry Hyatt, Erika McEntarfer, and Matthew Staiger (2025), “Cyclical Worker Flows: Cleansing vs. Sullying,” Review of Economic Dynamics, vol. 55 (January), 101252. Return to text
    5. See Myrto Oikonomou, Nicola Pierri, and Yannick Timmer (2023), “IT Shields: Technology Adoption and Economic Resilience during the COVID-19 Pandemic,” Labour Economics, vol. 81 (April), 102330. Return to text
    6. Estimates of current AI usage by firms vary widely, but uptake appears to be significant and rising. See Leland Crane, Michael Green, and Paul Soto (2025), “Measuring AI Uptake in the Workplace,” FEDS Notes (Washington: Board of Governors of the Federal Reserve System, February 5). Return to text
    7. These data, which track applications to the Internal Revenue Service for new Employer Identification Numbers, are available from the Census Bureau’s Business Formation Statistics. I focus specifically on “high-propensity applications,” which are those applications deemed by the Census Bureau to be particularly likely to result in the creation of new firms with formal employees. Return to text
    8. See Francois de Soyres, Joaquin Garcia-Cabo Herrero, Nils Goernemann, Sharon Jeon, Grace Lofstrom, and Dylan Moore (2024), “Why Is the U.S. GDP Recovering Faster Than Other Advanced Economies?” FEDS Notes (Washington: Board of Governors of the Federal Reserve System, May 17). Return to text
    9. For extensive documentation and analysis of the pandemic business entry patterns, see Ryan A. Decker and John Haltiwanger (2024), “Surging Business Formation in the Pandemic: Causes and Consequences?” Brookings Papers on Economic Activity, Fall, pp. 249–302; and Ryan Decker and John Haltiwanger (2024), “Surging Business Formation in the Pandemic: A Brief Update,” working paper. Return to text
    10. Data on employment among firms with age zero from the Bureau of Labor Statistics Business Employment Dynamics. These are annual data with a March reference period. Return to text
    11. For documentation of the pandemic high-tech entry surge, see Ryan Decker and John Haltiwanger (2024), “High Tech Business Entry in the Pandemic Era,” FEDS Notes (Washington: Board of Governors of the Federal Reserve System, April 19). For the role of high-tech industries in aggregate productivity growth, see John G. Fernald (2015), “Productivity and Potential Output before, during, and after the Great Recession,” NBER Macroeconomics Annual, vol. 29, pp. 1–51. Return to text
    12. The relevant literature is vast. For example, see Marcela Eslava, John Haltiwanger, Adriana Kugler, and Maurice Kugler (2004), “The Effects of Structural Reforms on Productivity and Profitability Enhancing Reallocation: Evidence from Colombia,” Journal of Development Economics, vol. 75 (December), pp. 333–71; Titan Alon, David Berger, Robert Dent, and Benjamin Pugsley (2018), “Older and Slower: The Startup Deficit’s Lasting Effects on Productivity Growth,” Journal of Monetary Economics, vol. 93 (January), pp. 68–85; and Ryan Decker, John Haltiwanger, Ron Jarmin, and Javier Miranda (2014), “The Role of Entrepreneurship in US Job Creation and Economic Dynamism,” Journal of Economic Perspectives, vol. 28 (Summer), pp. 3–24. Return to text
    13. See Daron Acemoglu, Ufuk Akcigit, Harun Alp, Nicholas Bloom, and William Kerr (2018), “Innovation, Reallocation, and Growth,” American Economic Review, vol. 108 (November), pp. 3450–91; and Vincent Sterk, Petr Sedlacek, and Benjamin Pugsley (2021), “The Nature of Firm Growth,” American Economic Review, vol. 111 (February), pp. 547–79. Return to text
    14. See Lucia Foster, Cheryl Grim, John C. Haltiwanger, and Zoltan Wolf (2021), “Innovation, Productivity Dispersion, and Productivity Growth,” in Carol Corrado, Jonathan Haskel, Javier Miranda, and Daniel Sichel, eds., Measuring and Accounting for Innovation in the Twenty-First Century (Chicago: University of Chicago Press). Return to text
    15. Entry rates are measured as new firms as a share of all firms for 2021–22 (average) from the Census Bureau Business Dynamics Statistics; the Census Bureau data report entry rates for core-based statistical areas. Return to text
    16. The 5 Florida cities in the top 20 are Orlando-Kissimmee-Sanford, Miami-Fort Lauderdale-West Palm Beach, Cape Coral-Fort Myers, Tampa-St. Petersburg-Clearwater, and Crestview-Fort Walton Beach-Destin. Return to text
    17. I measure the pre-pandemic decade using average firm entry rates for 2010–19. The 8 Florida cities in the top 20 are Orlando-Kissimmee-Sanford, Miami-Fort Lauderdale-West Palm Beach, Cape Coral-Fort Myers, Wildwood-The Villages, Tampa-St. Petersburg-Clearwater, Naples-Marco Island, North Port-Bradenton-Sarasota, and Jacksonville. Return to text
    18. See, for example, David Autor, William Kerr, and Adriana Kugler (2007), “Do Employment Protections Reduce Productivity? Evidence from U.S. States,” Economic Journal, vol. 117 (June), pp. F189–F217; and Marcela Eslava, John Haltiwanger, Adriana Kugler, and Maurice Kugler (2004), “The Effects of Structural Reforms on Productivity and Profitability Enhancing Reallocation: Evidence from Colombia,” Journal of Development Economics, vol. 75 (December), pp. 333–71. Return to text
    19. Data from the 2023 American Community Survey. Return to text
    20. Analysis by Robert Fairlie using Bureau of Labor Statistics Current Population Survey data reported in Ruth Simon (2024), “Latinos Are Starting U.S. Businesses at a Torrid Pace,” Wall Street Journal, March 26. Return to text
    21. See Sari Pekkala Kerr and William Kerr (2020), “Immigrant Entrepreneurship in America: Evidence from the Survey of Business Owners 2007 & 2012,” Research Policy, vol. 49 (April), 103918. Return to text

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI: Quadient SA: Monthly information on number of shares and voting rights

    Source: GlobeNewswire (MIL-OSI)

    Monthly information on number of shares and voting rights
    of Quadient S.A.

    In accordance with article 223.11 of Autorité des Marchés Financiers’
    (French Securities and Investment board) General Regulations

    Ordinary shares – ISIN: FR0000120560

      As at 31 January 2025
    Total number of shares 34,468,912
    Theoretical total number of voting rights 34,468,912
    Net total number of voting rights 33,729,765

    For more information, please contact:

    Or visit our website: https://invest.quadient.com/

    Attachment

    The MIL Network –

    February 8, 2025
  • MIL-OSI: Lectra: Monthly declaration of the total number of shares and voting rights composing the company’s capital (at January 31st, 2025)

    Source: GlobeNewswire (MIL-OSI)

    Monthly declaration of the total number of shares and voting rights composing the company’s capital (at January 31st, 2025)

    This declaration is established in accordance with Article L.233-8 II of the French Code de Commerce and of Article 223-11 of the Règlement Général of the Autorité des marchés financiers (AMF).

    Date:

    January 31st, 2025

    Total number of shares composing the capital:

    37,977,634

    Total number of voting rights, gross (1):

    38,169,784

    Total number of voting rights, net (2):

    38,137,480

    (1) In accordance with the second paragraph of article 223-11 of the Règlement Général of the AMF, the gross total of voting rights is based on the total number of shares composing the company’s capital which have voting rights, including shares deprived of their voting rights

    (2) The net total of voting rights is equal to the gross total, minus the number of shares deprived of their voting rights (treasury shares)

    Other than the legal notification requirements for crossing the thresholds established by French law, there is no special statutory obligation.

    Attachment

    • Monthly_declaration_shares_votingrights_january 2025

    The MIL Network –

    February 8, 2025
  • MIL-OSI Global: Why Hollywood is finally telling a different kind of age-gap romance story

    Source: The Conversation – UK – By Lucy Brown, Professor of Film and Television, Head of Screen, Assistant Head of School, Westminster School of Media and Communications, University of Westminster, University of Westminster

    The ageist and sexist trope of the cougar, milf, or Mrs Robinson – a desperate older woman pursuing a relationship with a younger, less interested man – is being challenged by a spate of Hollywood movies pairing older women with younger men.

    For generations, the idealised relationship on screen has been for an older man and a younger woman. This casting practice dates back to Hollywood’s silent era and mirrors global cultural norms. The real average age gap in the west, meanwhile, is much narrower than the silver screen would have you believe, standing at 2.2 years in the US.

    Mirroring what we see in the cinema, however, research on heterosexual relationship preferences in Europe, published in December, indicated that men prefer relationships with younger women. And that preferred gap increases as men age. In contrast, women prefer a smaller age gap as they age. And in their 60s, they tend to prefer a slightly younger partner.

    The history of Hollywood age gaps

    Many Hollywood classics feature significant age gaps. Debbie Reynolds starred opposite a 40-year-old Gene Kelly when she was just 19 in Singin’ in the Rain (1952). Kim Novak was paired with 50-year-old James Stewart in Vertigo (1958) when she was just 25. And Maria Schneider was only 19 when she was coupled with Marlon Brando, then 49, for Last Tango in Paris (1972).

    Reynolds and Schneider have both spoken about the abusive on-set power dynamics that ensued. Reynolds felt assaulted when Kelly “shoved his tongue” down her throat, and Schneider accused both Brando and director Bernardo Bertolucci of sexual assault.

    More recent, and now notorious pairings, which demonstrate the ubiquity of double digit age differences include 30-year-old Catherine Zeta-Jones and 69-year-old Sean Connery in Entrapment (1990). A 27-year-old Eva Mendes paired with 47-year-old Denzel Washington in Training Day (2001). And 22-year-old Gemma Arterton as the romantic interest of 40-year-old Daniel Craig in Quantum of Solace (2008).

    Actor Laura Dern has reflected that the 20-year age gap between her and Sam Neill in Jurassic Park (1993), which was considered the norm in the 1990s, now feels “completely inappropriate”.

    Flipping the script

    Audiences are tiring of Hollywood’s habit of pairing younger stars with men old enough to be their fathers and are calling for change.

    The casting of Cillian Murphy and Florence Pugh in Oppenheimer (2023) received a backlash for the 20-year age gap between the two actors. This came particularly as the film featured lingering nudity of Pugh, and the age gap was ten years greater than the real life age gap between the characters they play.

    When Hollywood has depicted an inversion of this age gap dynamic in the past, it’s generally been done to demonise the older woman. One of the most renowned examples is The Graduate (1967). The film starred Dustin Hoffman as a 21 year old at the mercy of a middle-aged seducer Mrs Robinson (Anne Bancroft). Mrs Robinson is at the periphery of the story and portrayed as a sad, fading beauty in competition with her daughter who eventually “wins” the man.

    This depiction of a bitter older woman is being challenged by a surge of recent films that centre characters over 40. Babygirl (2025) stars 57-year-old Nicole Kidman as a CEO in a relationship with an intern 30 years her junior, defying gendered stereotypes and sexual power dynamics.




    Read more:
    Babygirl’s provocative exploration of power, infidelity and eroticism – reviewed by a sex therapist


    Similarly, Anne Hathaway, 41 in The Idea of You, falls for a 24-year-old pop star. Unlike the daughter in Mrs Robinson, who is perceived as the competition, her character’s daughter has her back and acknowledges the double standards women face when the age gap is this way around.


    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.


    Even so, 2024 was referred to dismissively by some as “the year of the cougar” following the release of two Netflix romcoms, A Family Affair (again with Nicole Kidman, this time paired with 36-year-old Zac Efron) and Lonely Planet (with 57-year-old Laura Dern and 34-year-old Liam Hemsworth).

    Despite this online mockery, the trend looks set to continue. The upcoming Bridget Jones sequel, Mad About the Boy, will show Bridget (played by Renée Zellweger who is now in her 50s) dating a 29-year-old Leo Woodall. Meanwhile I Want Your Sex, set to release in late 2025, will star Olivia Wilde, 40, opposite Cooper Hoffman, 21.

    Women still only make up 23% of writers and directors in Hollywood. Interestingly, the recent films featuring older women and younger men couples have more women in key creative roles behind the scenes.

    Lonely Planet and Babygirl were written and directed by women (Susannah Grant and Halina Reijn). A Family Affair and May December were written by women (Carrie Solomon and Samy Burch). And I Want Your Sex and Mad About the Boy have a mix of genders on their writing teams.

    The need for more women to be involved in the creative decision-making to amplify women’s voices is crucial. Research shows that women make up only 35% of speaking parts and roles for women start to nose-dive post 30.

    No wonder then that Reese Witherspoon, Amy Adams and Kerry Washington are just a few of the Hollywood actresses who have established production companies to tell stories that reflect the wide range of women’s experiences, sexual desires and vulnerabilities – and celebrate the complexity and diversity of their relationships.

    Lucy Brown 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 Hollywood is finally telling a different kind of age-gap romance story – https://theconversation.com/why-hollywood-is-finally-telling-a-different-kind-of-age-gap-romance-story-248352

    MIL OSI – Global Reports –

    February 8, 2025
  • MIL-OSI Global: Record January heat suggests La Niña may be losing its ability to keep global warming in check

    Source: The Conversation – UK – By Richard P. Allan, Professor of Climate Science, University of Reading

    January 2025 was the hottest on record – a whole 1.7°C above pre-industrial levels. If many climate-watchers expected the world to cool slightly this year thanks to the natural “La Niña” phenomena, the climate itself didn’t seem to get the memo. In fact, January 2025’s record heat highlights how human-driven ocean warming is increasingly overwhelming these natural climate patterns.

    La Niña is a part of the El Niño southern oscillation, a climate fluctuation that slowly sloshes vast bodies of water and heat between different ocean basins and disrupts weather patterns around the world. El Niño was first identified and christened by Peruvian fishermen who noticed a dismal drop in their catch of sardines that coincided with much warmer than usual coastal waters.

    El Niño is now well known to be part of a grander climate reorganisation that also has a reverse cool phase, La Niña. As vast swathes of the eastern Pacific cool down during La Niña, this has knock on effects for atmospheric weather patterns, shifting the most vigorous storms from the central Pacific to the west and disrupting the prevailing winds across the globe.

    This atmospheric reaction also helps to amplify the sea surface temperature changes. Typically, La Niña will lower the global temperature by a couple of tenths of a degree Celsius.

    In 2024 the Pacific swung from moderate El Niño conditions to a weak La Niña. However, this time around, it’s apparently not enough to stop the world warming – even temporarily. So what’s different this time?

    Each La Niña cycle is unique

    Scientists aren’t entirely surprised. Each El Niño and La Niña cycle is unique. Following an surprisingly lengthy “triple dip” La Niña starting in 2020, the El Niño that developed in 2023 was also unusual, struggling to stand out against globally warm seas. The switch to a weak La Niña has only slightly cooled a narrow band along the equatorial Pacific, while surrounding waters have remained unusually hot.

    Recent research shows human caused warming of the ocean is accelerating – so a year on year rise in temperature is itself getting bigger – and this is dominating to an ever greater extent over El Niño and other natural oscillations in the climate. This means that even during La Niña – when equatorial eastern Pacific waters are cooler than normal – the rest of the world’s oceans have remained remarkably warm.

    More carbon, less reflection

    There is also a sense of inevitability as greenhouse gas levels continue to grow, even despite the demise of El Niño. During El Niño years, the land tends to absorb less carbon from the atmosphere as large continental areas, such as parts of South America, temporarily dry out causing less plant growth and more carbon-emitting plant decay.

    La Niña tends to have the opposite effect. In the strong La Niña of 2011, so much extra rain fell on the normally dry lands of Australia and parts of South America and southeast Asia that sea levels dropped as the land held on to this excess moisture borrowed temporarily from the ocean. This meant more carbon was taken from the atmosphere to feed extra plant growth. But despite the switch to La Niña, the rate of rise in atmospheric carbon in 2024 and January 2025 remains above the already high levels of previous years.

    To this we can also add the diminishing effects of particle pollution from industry, big ships and other sources of “aerosols”, which in some regions had added a reflective haze in the atmosphere meaning the world absorbed less sunlight. Clean air policies introduced over time have made the world less smoggy, but they also seem to have caused clouds to reflect less sunlight back to space, adding to global heating.

    As industrial activity continues to spew greenhouse gases into the air, while air cleansed of particle pollution causes more sunlight to reach the ground, this growing heating effect is beginning to drown out natural fluctuations, tipping the balance toward record warmth and worsening hot, dry and wet extremes.

    The long-term trend is clear

    But, just as one swallow doesn’t make a summer, a single month is not reflective of the overall trajectory of climate change. Changing weather patterns from week to week can rapidly shift temperatures especially over big landmasses, which warm up and cool down more quickly than the oceans (it takes a long time to boil up water for your vegetables but not long to super heat an empty pan).

    Large areas of Europe, Canada and Siberia experienced much less cold weather than is normal for January (by up to about 7°C). Parts of South America, Africa, Australia and Antarctica also experienced above average temperatures. Along with the balmy oceans, this all contributed to an unexpectedly warm start to 2025.

    While this particular warm January isn’t necessarily cause for immediate alarm, it suggests natural cooling phases may become less effective at temporarily offsetting the impact of rising greenhouse gas levels on global temperatures. And to limit the scale of the inevitable, ensuing climate change, there is a clear, urgent need to rapidly and massively cut greenhouse gas emissions and to properly account for the true cost of our lifestyles on societies and the ecosystems that underpin them.


    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 40,000+ readers who’ve subscribed so far.


    Richard P. Allan 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. Record January heat suggests La Niña may be losing its ability to keep global warming in check – https://theconversation.com/record-january-heat-suggests-la-nina-may-be-losing-its-ability-to-keep-global-warming-in-check-249389

    MIL OSI – Global Reports –

    February 8, 2025
  • MIL-OSI Global: US pressure has forced Panama to quit China’s Belt and Road Initiative – it could set the pattern for further superpower clashes

    Source: The Conversation – UK – By Tabita Rosendal, PhD Candidate, China Studies, Lund University

    Following Donald Trump’s repeated claims that the US needs to “take back” the Panama canal from Chinese control, the US secretary of state, Marco Rubio, visited Panama to demand the country reduce China’s influence. On the surface, it seems Rubio has succeeded.

    On February 3, the Panamanian authorities withdrew from the China’s international infrastructure programme, the Belt and Road Initiative (BRI). This makes Panama the first Latin American country both to endorse and to end cooperation with the BRI.

    On February 4, local lawyers urged the country’s supreme court to cancel the concession given to Hong Kong-based CK Hutchison Port Holdings which allows it to operate two ports at either end of the Panama canal. They say it violates the country’s constitution since it contains excessive tax breaks and cedes significant land areas to the port company. The Panamanian authorities are reportedly still considering this.

    But what is the reality of China’s presence in the canal, and what does increased US scrutiny mean for Xi Jinping’s signature project?

    The Panama canal is a key passage for US trade and military. The US accounts for 74% of canal cargo. However, while Trump’s fears of losing the canal may be understandable, his assertions about China’s influence are exaggerated.

    The Panamanian government administers the canal through the Panama Canal Authority. Since 1997, CK Hutchison Port Holdings Limited, a Hong Kong-listed conglomerate with interests in over 53 ports in 24 countries, has operated the Port of Balboa and Port of Cristobal on either end of the canal. These are two out of five ports in the vicinity.

    CK Hutchison Holdings Limited is one of the world’s leading port investors and is owned by billionaire Li Ka-shing. The company and projects have no direct ties with the BRI.

    The primary risks concerning China’s influence over the canal, as outlined by the US, are the potential for the Chinese Communist Party (CCP) to control the canal and “shut it down”.

    Washington has also expressed concerns that the CCP’s access to dual-use port technology allows it to gather intelligence about US ships, such as transshipment patterns and naval routes. It also fears that China can exert an “economic chokehold” on the US in terms of the imposition of rate hikes on transit fees.

    The first two points encompass the potential for China to use ports for naval purposes. But while the People’s Liberation Army navy has access to Chinese-owned ports under domestic laws and policies, they require host country permission to use Chinese-operated foreign ports. These ports are also often ill-suited for military support and operations.

    So the most probable risk concerns intelligence. If the CCP deems it necessary to national security, it may use the 2020 national security law to gather sensitive data from Hong Kong-based companies.

    As for rate hikes, there have been recent increases in response to droughts, maintenance investments and demand. Following Rubio’s visit, the US has claimed it is allowed to transit without paying fees.

    This has been denied by Panama’s President, José Raúl Mulino. The fees are equally imposed due to neutrality principles initiated in 1977. There is no evidence that China has played any role in these rate hikes.

    Panama’s ‘BRI-xit’ and Trump’s geopolitical gamble

    In the unlikely event that CK Hutchison’s concession is cancelled, what would that mean for China’s presence in Panama? China’s investments in Panama precede the BRI, even if they have increased since the initiative’s launch.

    The country holds geostrategic importance due to its location and role in international trade. So it’s a critical link for China’s establishment of a regional gateway for its economic and political influence.

    This includes securing raw material and energy resource imports and enhancing export capabilities. China’s engagements in Panama include foreign direct investments (FDI), which amounted to around 0.8% in 2023 (compared to 3.6% by Spain and 19.6% by the US), primarily in the logistics, infrastructure, energy and construction sectors.

    Most have been promoted as part of the BRI and faced renegotiation or cancellation for various – often geopolitical – reasons.

    Since BRI projects in the canal are already quite limited, withdrawing from the initiative is unlikely to result in significant short-term changes. CK Hutchison will only be “slightly affected” in case of a contract cancellation.

    What’s more, as the case of Brazil shows, a country can remain unaffiliated with the BRI and still receive Chinese investments.

    Therefore, Chinese engagements will probably resume outside the BRI framework. Still, even though China has shown restrained disappointment and argued that Panama has made a “regrettable decision,” Sino-Panamanian relations may cool until Trump’s attention has turned elsewhere.

    Trump’s rhetoric over the Panama canal may be exaggerated to appease a domestic audience rooting for a “strongman president”. But it also reflects decades of US concerns about China’s growing clout.

    So the administration’s focus on containing China is hardly surprising. Instead, it demonstrates Trump’s broader “make America great again 2.0” strategy. Therefore, Panama’s “BRI-xit” may bolster US resolve on “reclaiming” the Americas.

    The Panamanian authorities seem caught between US pressure to limit China’s influence and the economic boost provided by Chinese “pragmatic” investments. So like other BRI countries, they face tough choices in the coming years.

    As the largest provider of FDI – US$3.8 billion (£3.05 billion) per annum – and the canal’s biggest customer, US influence and economic leverage over Panama is substantial. Conversely, China’s interests and engagements in the country have increased, and the CCP has made it clear that it is patient and wants to continue cooperation and “resist external interruption”.

    Protests have erupted in Panama over Trump’s “muscular approach”, and residents have expressed strong reluctance to return to US rule. Therefore, the question remains whether this is the “great step forward” for Panama’s ties with the US that Rubio suggests or whether Trump’s actions will ultimately push Panama closer to Beijing.

    Tabita Rosendal 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. US pressure has forced Panama to quit China’s Belt and Road Initiative – it could set the pattern for further superpower clashes – https://theconversation.com/us-pressure-has-forced-panama-to-quit-chinas-belt-and-road-initiative-it-could-set-the-pattern-for-further-superpower-clashes-249093

    MIL OSI – Global Reports –

    February 8, 2025
  • MIL-OSI Video: USAR 2024: Competitive Programs

    Source: US Army (video statements)

    Competition builds teamwork, strengthens camaraderie, and sharpens skills. Check out the U.S. Army Reserve’s competitive programs throughout 2024!

    About the U.S. Army:
    The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.

    Interested in joining the U.S. Army?
    Visit: spr.ly/6001igl5L

    Connect with the U.S. Army online:
    Web: https://www.army.mil
    Facebook: https://www.facebook.com/USarmy/
    X: https://www.twitter.com/USArmy
    Instagram: https://www.instagram.com/usarmy/
    LinkedIn: https://www.linkedin.com/company/us-army
    #USArmy #Soldiers #Military #USAR

    https://www.youtube.com/watch?v=D1lDqOcUOSk

    MIL OSI Video –

    February 8, 2025
  • MIL-OSI United Kingdom: Salford’s positive growth highlighted once again in Manchester Crane Survey

    Source: City of Salford

    • Manchester Crane survey from Deloitte measures the scale of developments and their impact across Manchester and Salford city centres.
    • Report covers residential, office, hotel, retail and leisure, student accommodation, education and research facilities and healthcare.
    • Salford growth being driven by residential sector.

    The 2025 Manchester Crane Survey, the latest report which records the levels of development taking place across Manchester and Salford has been released. Published on 4 February, the report provides an update on ongoing activity across the construction sector from the past 12 months. 

    Once again there’s positivity across the sector on both sides of the Irwell, with the report highlighting that “Manchester and Salford continue to demonstrate remarkable resilience in the face of economic headwinds, solidifying their position as a thriving hub in the UK. 

    “This enduring strength is evident in the cities’ diversified economy, commitment to social equity, and focus on sustainability. While the construction sector faces challenges, Manchester’s skyline remains active with cranes, reflecting ongoing investment in its future.”

    Paul Dennett, Salford City Mayor said: “We have clearly highlighted our strategic approach of delivering growth through regeneration and our commitment to promoting inclusive growth through our This is Our Salford Corporate Plan. 

    “Our goal is focused on providing all Salford residents with the opportunity to benefit from the city’s economic prosperity. A key component to this is rooted in improving the quality, range, and affordability of homes in the city, as well as increasing the number of homes across the city. Appropriate and sustainable residential growth is vital to creating a fairer, greener, healthier, and more inclusive city for all our residents.

    These latest figures are positive, showing our approach and commitment in action as we continue to enable residential growth in a key and attractive area of the city.” 

    Produced by Deloitte, the international professional services company, the annual findings are seen as a key reflection of progress and growth for both cities. It records the volume and impact of development projects taking place across both cities. The focus is on Manchester and Salford city centres, which Deloitte classifies as the area which closely borders Manchester city centre. 

    The report focuses on four key themes: the resilience of Manchester and Salford’s economy; the commitment to inclusive growth, connecting residents to opportunity; the factors driving its success as a thriving city centre; and its strategic focus on innovation as a catalyst for continued prosperity.

    Salford key highlights from the past year with projects either completed or under construction include:

    • 100 affordable homes being constructed as part of a housing scheme at Peru Street, with new homes designed to Passivhaus standards
    • 250 residential units at Berkeley Square Phase 1
    • 376 residential units at Bridgewater Wharf
    • 196 residential units at Merchants Wharf
    • 178 residential units at The Dye Works
    • 160 residential units at Silkbank Wharf
    • 433 residential units at CityView Salford (Regent Plaza)
    • 189 residential units at The Railings
    • 296 residential units at Oldfield Wharf
    • 196 residential units at Novella Phase 2
    • 96 residential units at Greenhaus
    • 250 residential units at Obsidian
    • 542 residential units at Waterloo Place
    • 300 residential units at The Embankment
    • 444 residential units at Bankside
    • 156 residential units at Uptown

    Plus 175,000sqft of new office space at Four New Bailey – office 175,000sq ft completed 2024 and the new Maldron Hotel Chapel Street with 188 rooms. 

    The full Manchester Crane Survey can be viewed here

    Share this


    Date published
    Friday 7 February 2025

    Press and media enquiries

    MIL OSI United Kingdom –

    February 8, 2025
  • MIL-OSI USA: CFTC Announces Crypto CEO Forum to Launch Digital Asset Markets Pilot

    Source: US Commodity Futures Trading Commission

    CFTC Announces Crypto CEO Forum to Launch Digital Asset Markets Pilot | CFTC

    /PressRoom/PressReleases/9049-25
    Skip to main content

    February 07, 2025

    WASHINGTON, D.C. — The Commodity Futures Trading Commission will hold a CEO Forum of industry-leading firms to discuss the launch of the CFTC’s digital asset markets pilot program for tokenized non-cash collateral such as stablecoins. Participants will include Circle, Coinbase, Crypto.com and Ripple. Further information on the CEO Forum will be released once details are finalized. 

    “I’m excited to announce this groundbreaking initiative for U.S. digital asset markets,” said Acting Chairman Caroline D. Pham. “The CFTC is committed to responsible innovation. I look forward to engaging with market participants to deliver on the Trump Administration’s promise of ensuring that America leads the way on economic opportunity.” 

    Acting Chairman Pham has previously proposed a CFTC pilot program as a U.S. regulatory sandbox to provide regulatory clarity for digital asset markets and ensure that robust guardrails are in place. The CFTC has had success with pilot programs dating back to the 1990s.  

    The CFTC’s Global Markets Advisory Committee, sponsored by Acting Chairman Pham, released a recommendation last year by its Digital Asset Markets Subcommittee on expanding the use of non-cash collateral through distributed ledger technology.  

    -CFTC-

    MIL OSI USA News –

    February 8, 2025
  • MIL-OSI Security: Mexican National Admits To Trafficking Cocaine After Illegally Re-Entering The United States After Multiple Previous Deportations

    Source: Office of United States Attorneys

    CAMDEN, N.J. – A Mexican national admitted on Tuesday to trafficking cocaine and illegally re-entering the United States after previously sustaining an aggravated felony conviction, Acting U.S. Attorney Vikas Khanna announced.

    Anastacio Santiago Chaparro, aka Arnoldo Urquidez, 41 of Mexico pleaded guilty to an indictment charging him with possession with intent to distribute cocaine and illegal reentry by a convicted felon before U.S. District Judge Edward S. Kiel in Camden federal court.

    According to documents filed in this case and statements made in court:

    On November 6, 2023, Santiago Chaparro was caught by law enforcement transporting a backpack that contained over 10 kilograms of cocaine. Santiago Chaparro admitted that the cocaine was intended for distribution. Additionally, Santiago Chaparro had been deported from the United States to Mexico three times and previously sustained a conviction for being an illegal alien in possession of a firearm, an aggravated felony.

    The charge of possession with intent to distribute cocaine carries a maximum penalty of 20 years in prison and a fine of up to $1,000,000. The charge of illegal reentry by a convicted felon carries a maximum penalty of 20 years in prison and a fine of up to $250,000.

    Acting U.S. Attorney Khanna credited special agents of Homeland Security Investigations Newark, under the direction of Special Agent in Charge Ricky Patel, and from the Drug Enforcement Administration New York, under the direction of Frank A. Tarentino, with the investigation.

    The government is represented by Assistant U.S. Attorney Chana Y. Zuckier of the Bank Integrity, Money Laundering and Recovery Unit in Newark. Sentencing is scheduled for June 9, 2025, at 11:00 a.m.

                                                                 ###

    Defense counsel: Victor A. Afanador

    MIL Security OSI –

    February 8, 2025
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