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  • MIL-OSI: The Drone Market Size Continues to Rise Steeply Generating Lucrative Revenue Opportunity

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., Jan. 24, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The drone platform services segment dominated the global drone services market share in recent years and is estimated to be the fastest growing through 2032. This is due to the growing use of drones for emergency response and public safety. Drone platform services refer to a range of software and hardware solutions that enable the safe and efficient operation of drones. Drone MRO services comprise maintenance, repair, and overhaul services for items such as wind turbine blades, solar plates, and oil & gas pipelines, especially in hard-to-reach locations. The drone MRO services segment is expected to register significant growth during the forecast period due to increasing demand for low cost and effective inspection services across various sectors. Autonomous drones are UAVs that can operate without human intervention, using advanced software, sensors, and cameras. These drones have been playing an essential role in various industries such as agriculture, construction, mining, and logistics. The introduction of artificial intelligence (AI) software improves the overall performance of unmanned aerial systems, enabling drones to recognize objects, examine information, and provide real-time analytical feedback. A report from Fortune Business Insights said that: “The increase in precision farming needs, aiming to boost crop productivity, drives market growth. Drone OEMs are investing in R&D for thermal cameras, multispectral sensors, and LiDAR, improving drone efficacy in monitoring fields, creating vegetation maps, and detecting issues such as disease and irrigation irregularities. Thus, it drives the market growth during the forecast period.”    Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Palladyne AI Corp. (NASDAQ: PDYN), Red Cat Holdings, Inc. (NASDAQ: RCAT), Ambarella, Inc. (NASDAQ: AMBA).

    Fortune Business Insights continued: “Agricultural drones, flying at a specific altitude with sensors, provide crucial analytical data for controls crop health, treatment, exploration, field soil analysis, and yield assessments, aiding farmers in making informed decisions and reducing time and costs. The surveillance & inspection segment dominates the market. It is estimated to be the fastest growing segment during the forecast period, owing to rising demand for surveillance and inspection operations from agriculture, oil & gas, mining, and other sectors. The product delivery segment held the second-largest share in the application segment. It refers to the use of drones to deliver goods to customers. This entails specialized drones equipped with sensors and GPS technology to navigate and deliver packages to their intended destinations. The rising demand for fast and efficient delivery services is anticipated to boost the product delivery segment.”

    ZenaTech (NASDAQ:ZENA) Announces Listing of its Common Shares on the Mexican Stock Exchange – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone-as-a-Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it its common shares are approved for listing and trading on the BMV: Bolsa Mexicana de Valores (Mexican Stock Exchange). The shares trade under the symbol “ZENA” on its International Quotation System (SIC), effective January 23, 2025.

    “As we continue to expand our business into new geographical markets, this additional listing on the Mexican Stock Exchange not only broadens our international exposure but provides increased liquidity for our shareholders. We look forward to sharing our story with Mexican investors as we continue to drive value for our shareholders,” said CEO Shaun Passley, Ph.D.

    In Additional ZENA News – ZenaTech Inc.’s (NASDAQ:ZENA) Acquires KJM Land Surveying LLC, a Second Acquisition to Accelerate Drone Innovation in Land Surveys and Establish a Southeast Base for its Drone as a Service Business – ZenaTech, a technology company specializing in AI (Artificial Intelligence) drone, Drone-as-a-Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it has acquired KJM Land Surveying LLC, a well-established Pensacola Florida land survey engineering company with a long history and roster of repeat customers. This is ZenaTech’s second acquisition as part of a larger roll-up strategy to disrupt the land survey industry by accelerating the use of drones for speed, accuracy and innovation benefits. The acquisition will also form the base of the Southeast US region of its national Drone as a Service or DaaS business which utilizes drone solutions from its subsidiary company ZenaDrone.

    “Closing this second acquisition is another step in our Drone as a Service or DaaS strategy, establishing a Southeast base with an experienced team and customer relationships, which adds to our Northwest base and national rollout. We have the opportunity to significantly disrupt the land survey business at scale using drone technologies. We view our DaaS business model as similar as to how Uber disrupted the taxi industry,” said CEO Shaun Passley, Ph.D. “This acquisition, as well as the 20 others we have identified, have the potential to add accretive revenue over the short term as well as the long term.”

    The US Surveying and Mapping Services industry is estimated at $10.3 billion according to Business Research Insights, growing at least 3% annually. Remotely piloted drones with an array of sensors and cameras, LiDAR (Light Detection and Ranging), and GPS systems for capturing high-resolution pictures and data are revolutionizing the land survey industry gathering aerial data across expansive terrains in a matter of hours instead of weeks or months using traditional methods.   Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the technology industry include:

    Ambarella, Inc. (NASDAQ: AMBA) recently announced during CES the N1-655 edge GenAI system-on-chip (SoC), which provides on-chip decode of 12x simultaneous 1080p30 video streams, while concurrently processing that video and running a hybrid of multiple, multimodal vision-language models (VLMs) and traditional CNNs. This SoC’s high AI processing performance supports most of the popular multimodal VLMs and large-language models (LLMs), while consuming only 20 watts of power—10-100x lower than cloud processors. For example, the N1-655 reliably runs the Phi, Gemma, LLaVA-OneVision and Llama models, without the need for an internet connection, on data inputs like visuals and speech in applications such as on-premise AI boxes, autonomous mobile robots (AMRs), and smart-city security video recorders.

    Following its initial N1 SoC introduced last year, Ambarella is building up a family of edge GenAI SoCs for tasks that go beyond what can be done on-camera. Both of the current family members process GenAI models locally to improve privacy with state-of-the-art performance per watt, significantly reducing power consumption as well as the total cost of ownership compared to cloud-based inference processing.

    AgEagle Aerial Systems Inc. (NYSE: UAVS) recently announced the completion of its previously announced historic order of eBee VISION systems to its reseller for French Army surveillance operations. Each system consists of an eBee VISION UAV, ground control systems, comms and antenna package, and a tactical backpack unit. The final 15 units have been delivered pursuant to this purchase order, with the total order valued at $3.4M, which represents the largest single order since the Company was founded.

    Bill Irby, AgEagle President, stated, “As AgEagle embarks on what we anticipate being a promising new year in the expanding drone market, closing out this historic requisition serves as a strong indicator of what we believe will be our most successful year to date. In conjunction with our reseller partner we have conducted multiple training events with the French Army which provided invaluable real-time feedback we are leveraging to accelerate the evolution of our eBee VISION. We believe these insights, in addition to our recent significant milestone achievements, will be essential to the scaling of our high-value intelligence, surveillance, and reconnaissance product offerings to military and commercial operations worldwide. We look forward to driving ongoing sustainable revenue growth and remain committed to building long-term value for all our stakeholders.”

    Palladyne AI Corp. (NASDAQ: PDYN) and Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently announced the completion of the first successful flight in which multiple Teal drones equipped with Palladyne™ Pilot AI software autonomously collaborated to identify, prioritize, and track objects of interest on the ground. The flight demonstrates how the Palladyne Pilot AI software leverages sensor management and platform collaboration to enable a flight of two or more drones to autonomously collaborate and share multi-modal sensor information under constrained communication between drones. This follows Palladyne AI’s announcement in December 2024 that it had successfully demonstrated a single drone’s ability to interface with a small drone’s autopilot system using Palladyne Pilot to autonomously identify, prioritize, and track terrestrial targets.

    “Enabling multiple Teal and Black Widow drones to synthesize and share multi-modal sensor fusion information in real-time will dramatically improve situational awareness in the field,” said Geoff Hitchcock, Chief Revenue Officer, Red Cat Holdings, Inc. “Even more compelling is the ability to translate that shared information into autonomous navigation, enabling a single operator to manage multiple drones with a substantially reduced cognitive load and in operational environments with limited connectivity. We look forward to engaging with our customers to showcase the value of this groundbreaking joint-solution.”

    About FN Media Group:

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    DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated fifty four hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: WISeKey Announces HUMAN-AI-T, Universal AI for Humanity Platform, at Davos

    Source: GlobeNewswire (MIL-OSI)

    WISeKey Announces HUMAN-AI-T, Universal AI for Humanity Platform, at Davos

     View video here

    Davos, January 24, 2025 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today  unveiled live on CNBC from Davos, that in conjunction with the preview of the forthcoming book “Humanity at the Crossroads,” WISeKey, and SEALSQ, are joining forces with leading organizations and institutions to create a groundbreaking AI platform, codenamed HUMAN-AI-T. This universal AI will harness the wisdom of humanity, derived from certified historical and contemporary resources, to ensure the preservation and application of human knowledge for future generations.

    Building on the principles of the Svalbard Global Seed Vault, which secures the world’s agricultural biodiversity, the HUMAN-AI-T project aims to serve as the digital equivalent for human knowledge. It will consolidate a vast range of sources, including religious texts, legal frameworks, international treaties, philosophical ideas, and spiritual teachings from civilizations across the globe, integrating these with wisdom and local traditions. By doing so, it will holistically define humanity and teach the AI unique intricacies, ensuring that its development remains centered on universal human values.

    A Human-Centric Vision for AI

    The HUMAN-AI-T platform will be built using only certified and digitally signed resources to guarantee neutrality and authenticity in its knowledge base. This collaboration between leading universities, WISeKey, and SEALSQ will employ advanced digital stamping and security technologies, ensuring transparency and integrity in the processing of data.

    The primary objective of HUMAN-AI-T is to create an AI that not only augments human potential but also places humanity at the center of technological progress. By mastering AI in this way, the project aspires to secure the world’s collective knowledge and provide a foundation for a more equitable and ethical digital future.

    Launch Highlights

    The HUMAN-AI-T project was officially introduced alongside the launch of the forthcoming book ‘Humanity at the Crossroads’ from the authors of ‘The TransHuman Code’ Carlos Moreira and David Fergusson, during a live broadcast from the CNBC  Sanctuary at Davos. The discussion underscored the urgent need to harness technology to unleash, rather than overshadow, human potential.

    A Secure and Inclusive Digital Future

    The HUMAN-AI-T project represents a monumental step forward in the journey toward a human-centric approach to AI. By leveraging cutting-edge technologies and ethical principles, this initiative seeks to build a foundation for global cooperation and innovation, ensuring that technology serves as a force for good in the world.

    This collaboration marks a pivotal moment in the history of AI development, setting the stage for a future where technology enhances humanity while preserving the values and wisdom that define us.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit http://www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@equityny.com

    The MIL Network –

  • MIL-OSI Global: As Syria ponders a democratic future: 5 lessons from the Arab Spring

    Source: The Conversation – USA – By Robert Kubinec, Assistant Professor of Political Science, University of South Carolina

    The fall of Bashar Assad’s dictatorship in December 2024 has ushered in a nerve-wracking time of hope and fear for Syrians concerning future governance in the long-war-torn country.

    While it’s unclear what exact political path Syria will take, the dilemmas the country faces are similar to the experiences of other Arab countries more than a decade ago. In the winter of 2010, an outbreak of protests in Tunisia spread across the region, toppling several regimes in what became known as the Arab Uprisings.

    While some countries – Egypt and Tunisia – became democracies, albeit briefly, others, like Yemen, Libya and Syria, descended into violence.

    In the intervening years, political science scholars from across the world have examined these political transformations, looking at why so many of Arab Uprising countries failed to continue down the path of democratic reform. As a political scientist with expertise in the region, I have distilled this research into five key lessons that could help guide Syria now, as it seeks to build a stable and democratic state.

    1. Islamist politicians are politicians first, Islamists second

    One of the most pressing questions when considering Syria’s post-Assad political direction is the role played by Hayat Tahrir al-Sham, the rebel group that led the overthrow of Assad.

    Hayat Tahrir al-Sham is a former al-Qaida affiliate that has since backed away from extremist ideology – though there are worries that this moderation is temporary. While some observers may think that all Islamist groups want to rigidly enforce a narrow interpretation of Islamic law like the Taliban in Afghanistan, research shows a far wider range of possibilities for the policies Islamist groups implement while in office.

    For example, the Tunisian Islamist group Ennahda stalwartly defended democracy and helped write a liberal constitution after the country ousted Zine El Abidine Ben Ali in 2011. Similarly, in Egypt after strongman leader Hosni Mubarak was removed the same year, the Muslim Brotherhood, a once-banned Islamist movement, competed successfully and fairly in the democratic process, though, of course, it faced the same challenges of any governing party in implementing policies once in power.

    But nor is such a path predetermined. Turkey’s recent democratic backslide and embrace of authoritarianism shows that Islamist politicians like President Recep Tayyip Erdogan can also undermine democracy when it serves their interests.

    What political science research has turned up time and again is that Islamist politicians are like politicians everywhere: When they need to win elections, they will gravitate toward voter concerns. According to regional survey data, a majority of Arabs express a preference for religious leaders who are apolitical.

    If Syria becomes a democracy, Hayat Tahrir al-Sham will, I believe, likely have to continue to embrace moderation. But whether the group backs democracy depends on the organization’s calculation of what its future looks like in democracy versus more authoritarian forms of governance. Broad negotiations that involve all parties in Syria can help convince Hayat Tahrir al-Sham that continuing on a path of moderation is in their best interests. While no one can forecast with certainty what Syria’s new institutions will look like, research shows that Islamists are just as likely as secular parties to support democratic norms.

    2. Ending corruption is all important

    One of the drivers of the Arab Spring and the Syrian revolution was anger over corrupt business deals. Indeed, relatives and cronies of Assad owned de facto monopolies over lucrative industries like cellphone networks. Unwinding these corrupt legacies and opening industries to competition and licensing should be an overriding priority for those seeking a less autocratic future.

    In Tunisia, established businesses fought anti-corruption reforms because they said it would hurt investment and growth. But the reason that economic growth is so poor in many parts of the Middle East is precisely due to these entrenched companies.

    Syria’s diaspora has many capable businesspeople who can return and found innovative companies if the new government opens up investment and entrepreneurship beyond people with political connections.

    3. Political disagreement is OK

    Many hope that Syria’s new government will be freely and fairly elected. For democracy to work, though, it must successfully implement changes in response to voters’ concerns.

    Initially, Syria will need to decide on basic rules like a constitution, which will involve many diverse groups. This broad coalition may have an easier time reaching compromises because of the opposition’s shared experiences under the prior dictatorship. Trying to maintain this unity, however, can mask important political debates that need to occur.

    In order for voters to see change, electoral competition must yield actual policy change. In Tunisia, top-heavy coalitions of parties promoted unity instead of tackling difficult decisions that resonated with people’s daily concerns. Over time, voters stopped identifying with parties and lost confidence in elections. Tunisia’s elected president, Kais Saied, took advantage of this apathy to shut down the country’s parliament – an action that was broadly popular despite the loss of democracy.

    A practical response to this concern is to build strong parties, a cause that pro-democracy organizations like the National Democratic Institute are very good at. Effective parties help voters by putting together a package of policies that will get through parliament and building coalitions.

    While Syria’s opposition has a lot of experience with waging war, it has relatively little in the way of running campaigns and building strong party brands. These more mundane goals are the key connective tissue that makes democracy work.

    4. Bureaucracies should serve the public

    Elections choose leaders, but lasting, popular change also requires bureaucrats who implement new policies – what is known as “horizontal accountability.” Egypt’s post-2011 democratic government left many state institutions untouched and later faced a revolt from autonomous anti-democratic agencies. Meanwhile, in Sudan, which saw a brief interlude of liberalization after the ouster of its longtime dictator, Omar al-Bashir, in 2019, democratic reformers launched an ambitious overhaul of state institutions that still failed because bureaucrats lobbied politicians for support.

    Without cooperative bureaucrats, basic state services fail, which leads to phenomena like crime waves and a loss of confidence in democracy.

    The Hayat Tahrir al-Sham-led government in Syria has already started reforming bureaucracies by prosecuting high-ranking officials from the prior regime while retaining the rank and file. Effective oversight, though, requires participation of elected leaders with the legitimacy to demand accountability from bureaucrats. For those who want to be involved in Syria’s transition, providing technical assistance to quickly rebuild ministries is one way to increase the odds of a successful transition.

    5. Keep the military close

    If Syria’s new government collapses, history suggests the military will be the most likely culprit. Egypt’s military undermined the country’s democratic transition by covertly supporting the anti-Islamist opposition. Sudan’s military acquiesced to protester demands for new leadership but kept de facto control of important government institutions.

    Recent research shows that keeping the military in check means giving it a stake in democracy by funding needed items like salaries and equipment. Just as important, however, is establishing civilian control over the military by mandating that the military report to elected leaders about its budgets, policies, and deployments. Military aid is necessary, yes, but still must be tied to strict commitments to civilian control.

    The future is Syria’s

    Political transitions are too complex to embark on easy forecasts. But the experience of nations who saw democracy rise and fall in the Arab Spring and subsequent winter can help Syria’s new leaders avoid costly political mistakes.

    Ultimately, though, the fate of the country rests with its own people. They are the ones who survived Assad’s regime – and who will make the most important decisions for Syria’s future.

    I know and have co-authored with people who wrote some of the studies that are linked to in this article.

    – ref. As Syria ponders a democratic future: 5 lessons from the Arab Spring – https://theconversation.com/as-syria-ponders-a-democratic-future-5-lessons-from-the-arab-spring-246203

    MIL OSI – Global Reports –

  • MIL-OSI Video: Governments, Rewired | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    Governments are under pressure to modernize as outdated systems strain to meet the needs of an increasingly digital society – a $10 trillion opportunity. Cutting-edge technologies can transform public services and enhance citizen engagement.

    Given current fiscal tightening and high levels of debt, how can governments leapfrog the investment challenge, shifting from bureaucracy to agility?

    Speakers: Achim Steiner, Ngaire Woods, Tony Blair, Maryam Al Hammadi, Thomas Siebel, Cina Lawson

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

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

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

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

    #Davos2025 #WorldEconomicForum #wef25

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

    MIL OSI Video –

  • MIL-OSI: Adoption of Drones-as-a-Service Industry Explodes Along Rising Revenue Opportunities in the Billions

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., Jan. 24, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The drone market size continues to expand as the drone services industry evolves, offering a diverse range of services for both remotely controlled and autonomously flown drones. This industry integrates software-controlled flight plans into drones’ embedded systems, making it a critical component in sectors like agriculture, insurance, construction, marine, aviation, oil & gas, mining, and infrastructure. The demand for these services, which includes tasks such as search and rescue, package delivery, industrial inspections, imaging, and healthcare supply distribution to remote areas, significantly contributes to the growing drone market size. A study from MarketsAndMarkets said the Global Drone Services Market Size, which was valued at USD 17.0 billion in 2023, is estimated to reach USD 57.8 billion by 2028, growing at a CAGR of 27.7% during the forecast period. The report said: “In terms of market segmentation, drone services are categorized by the type of service provided, including platform services (further divided into flight piloting and operation, data analysis, and data processing), maintenance, repair, and operations (MRO), and simulation and training. The application-based segmentation encompasses inspection and monitoring, mapping and surveying, spraying and seeding, filming and photography, transport and delivery, as well as security, search, and rescue. The industry-based segmentation covers a wide spectrum of sectors, including construction and infrastructure, agriculture, utility, oil & gas, mining, defense and law enforcement, media and entertainment scientific research, insurance, aviation, marine, healthcare and social assistance, and transportation, logistics, and warehousing. These industries rely heavily on drones for functions like inspection, monitoring, and photography, further driving the drone market size.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Safe Pro Group Inc. (NASDAQ: SPAI), EHang Holdings Limited (NASDAQ: EH), Unusual Machines, Inc. (NYSE: UMAC), Ondas Holdings Inc. (NASDAQ: ONDS).

    MarketsAndMarkets continued: “Furthermore, the market is categorized by solution type into end-to-end solutions, which encompass all platform services like piloting and operations, data analytics, and data processing. Point solutions are specific to piloting or data processing for applications such as surveying, inspection, and monitoring. North America is expected to hold the largest share of the drone market size within the drone services industry, as these services continue to replace legacy solutions in commercial sectors.”

    ZenaTech (NASDAQ:ZENA) Announces Listing of its Common Shares on the Mexican Stock Exchange – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone-as-a-Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it its common shares are approved for listing and trading on the BMV: Bolsa Mexicana de Valores (Mexican Stock Exchange). The shares trade under the symbol “ZENA” on its International Quotation System (SIC), effective January 23, 2025.

    “As we continue to expand our business into new geographical markets, this additional listing on the Mexican Stock Exchange not only broadens our international exposure but provides increased liquidity for our shareholders. We look forward to sharing our story with Mexican investors as we continue to drive value for our shareholders,” said CEO Shaun Passley, Ph.D.

    In Additional ZENA News – ZenaTech Inc.’s (NASDAQ:ZENA) Acquires KJM Land Surveying LLC, a Second Acquisition to Accelerate Drone Innovation in Land Surveys and Establish a Southeast Base for its Drone as a Service Business – ZenaTech, a technology company specializing in AI (Artificial Intelligence) drone, Drone-as-a-Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it has acquired KJM Land Surveying LLC, a well-established Pensacola Florida land survey engineering company with a long history and roster of repeat customers. This is ZenaTech’s second acquisition as part of a larger roll-up strategy to disrupt the land survey industry by accelerating the use of drones for speed, accuracy and innovation benefits. The acquisition will also form the base of the Southeast US region of its national Drone as a Service or DaaS business which utilizes drone solutions from its subsidiary company ZenaDrone.

    “Closing this second acquisition is another step in our Drone as a Service or DaaS strategy, establishing a Southeast base with an experienced team and customer relationships, which adds to our Northwest base and national rollout. We have the opportunity to significantly disrupt the land survey business at scale using drone technologies. We view our DaaS business model as similar as to how Uber disrupted the taxi industry,” said CEO Shaun Passley, Ph.D. “This acquisition, as well as the 20 others we have identified, have the potential to add accretive revenue over the short term as well as the long term.”

    The US Surveying and Mapping Services industry is estimated at $10.3 billion according to Business Research Insights, growing at least 3% annually. Remotely piloted drones with an array of sensors and cameras, LiDAR (Light Detection and Ranging), and GPS systems for capturing high-resolution pictures and data are revolutionizing the land survey industry gathering aerial data across expansive terrains in a matter of hours instead of weeks or months using traditional methods.   Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the drone technology industry include:

    EHang Holdings Limited (NASDAQ: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, recently announced the launch of its Exhibition (Experience) Center in Shenzhen’s Luohu Sports and Leisure Park. It is the world’s first EH216-S takeoff and landing site featuring a fully automated vertical lift vertiport. It also marks a new smart infrastructure in Shenzhen dedicated to the commercial operations of the EH216-S pilotless passenger-carrying aerial vehicle, establishing a groundbreaking model for electric vertical takeoff and landing (“eVTOL”) aircraft operations in urban areas.

    The Luohu UAM Center, designed by EHang, boasts an automated three-dimensional vertical lift vertiport. This innovative facility reduces labor costs and optimizes space usage through its automated operations. The Luohu UAM Center, spanning approximately 753 square meters, has brought this advanced design to life. The first floor is dedicated to a hangar and boarding area, providing passengers with a seamless and comfortable experience. The integrated takeoff and landing pad with the hangar enables rapid charging, thereby streamlining flight operations. During the launch ceremony on January 21, an EH216-S aircraft was lifted from the first to the second floor by the vertical lift platform. It then took to the skies, completing a lap over the Luohu Sports and Leisure Park before landing smoothly, marking its first flight at the Luohu UAM Center. The demonstration received widespread acclaim from attendees.

    Safe Pro Group Inc. (NASDAQ: SPAI) recently announced that its ballistics protection unit, Safe-Pro USA LLC (Safe-Pro USA) will be exhibiting at the upcoming SHOT Show 2025. The event is scheduled to take place from January 21-24, 2025, at the Venetian Expo and Caesars Forum in Las Vegas, Nevada. Safe-Pro USA will be exhibiting in the Palazzo Ballroom at booth #55939 on January 22nd and 23rd.

    The Shooting, Hunting and Outdoor Trade ShowSM (SHOT Show®) is one of the largest of its kind events for target shooting, hunting, outdoor recreation and law enforcement. The annual event, attracting more than 55,000 industry professionals from around the world, serves as a premier platform to showcase new products, engage in educational sessions, and forge valuable connections. At SHOT Show 2025, Safe-Pro USA will be displaying an array of new ballistic protective solutions designed for law enforcement. Highlighted by its ultra-lightweight and ultra-thin “305 PRO” hard armor plate, Safe-Pro USA will also display newly developed high-performance ballistic plates and vests compliant with the National Institute of Justice (NIJ) latest ballistic standard, NIJ 0101.07, all designed to offer enhanced protection for law enforcement and first responders against high-power rifle threats such as AR-15s and AK-47s.

    Ondas Holdings Inc. (NASDAQ: ONDS) recently announced that its Ondas Autonomous Systems Inc. (“OAS”) business unit’s Airobotics subsidiary has received a purchase order for its Iron Drone Raider from a major defense company. The order includes the integration and testing of new features required for defending from additional ground threats.

    “The Iron Drone Raider is a high performing, modular platform with AI-driven navigation and operating capabilities tailored to the most demanding defense requirements,” said Eric Brock, Chairman and CEO of Ondas. “Indeed, this versatility is allowing for expanded applications further expanding the potential market size for our Iron Drone platform. These new use cases meet an additional need identified by a governmental customer with the required performance and cost parameters. Securing this platform expansion highlights the exceptional talent and experience of our Airobotics team and the confidence our defense partners and customers have in Ondas.”

    During the third quarter of 2024, OAS secured several initial orders in the defense market, totaling approximately $14.4 million, which included several purchase orders totaling $9.0 million from a major government military customer for the Iron Drone Raider system. The Iron Drone Raider systems are being deployed as a core element of a multi-layered homeland security infrastructure to protect critical locations, assets and populations from the threat of hostile drones.

    Unusual Machines, Inc. (NYSE American: UMAC), a leading innovator in drone technology with a current focus on U.S. based manufacturing and marketing of drone parts recently announced the release of the Rotor Riot Brave 55A ESC and its addition to the Blue UAS Framework. This product addresses the critical need for non-Chinese, NDAA-compliant components in the U.S. drone industry. Unusual machines now has two drone components placed on the Blue UAS Framework.

    The Blue UAS Framework is a program established by the Defense Innovation Unit (DIU) to provide the Department of Defense and other government entities with trusted, secure drone components that meet rigorous cybersecurity, performance, and regulatory standards. Products listed on the framework ensure compliance with federal requirements, such as the National Defense Authorization Act (NDAA), reducing risks associated with foreign-made or unverified components. Inclusion in the Blue UAS Framework underscores Unusual Machines’ commitment to supplying reliable solutions for government and defense applications.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at http://www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

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    DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated fifty four hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI Economics: greenhawk-ct.com: BaFin warns against website

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The German Federal Financial Supervisory Authority (BaFin) warns against the website greenhawk-ct.com. According to its findings, the operator offers financial and investment services as well as crypto-asset services there without a licence.

    The website operator appears under the name Greenhawk-CT, without using a legal form. He does not provide any information about his place of business. In addition, the operator declares that he is authorised and regulated by the Crypto Conduct Authority. However, the Crypto Conduct Authority is not a nationally or supranationally mandated or legitimised supervisory authority.

    Anyone offering financial or investment services or crypto-currency services in Germany requires a licence from BaFin. However, some companies offer such services without the required licence. Information on whether a particular company is authorised by BaFin can be found in the company database.

    The information provided by BaFin is based on Section 37 (4) of the German Banking Act (KWG) and Section 10 (7) of the German Crypto Markets Supervision Act (KMAG).’

    MIL OSI Economics –

  • MIL-OSI Economics: fincareglobal.org: BaFin warns of website and points out suspected identity theft

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The website operator mainly appears under the name ‘Finance C G’ or ‘Finance C G Global Ltd’. In some places, however, he also calls himself ‘Fincare Global PTE. Ltd’ and claims to be based in Singapore and regulated by the Financial Services Commission of Belize (FSC, Financial Services Commission of Belize).

    In the past, the operator has also provided customers with business addresses in Frankfurt am Main and London, United Kingdom. In addition, he was previously responsible for the identical, now inactive websites fincare-global.org, fincare-global.ltd and fincare-global.net.

    BaFin has no information about a possible connection between the fincareglobal.org website and the fincareglobal.com website, which is operated by FinCARE Global Pte Ltd. This is presumably a case of identity theft at the expense of the company mentioned.

    Anyone offering financial or investment services in Germany requires a licence from BaFin. However, some companies offer such services without the required licence. You can find information on whether a particular company is licensed by BaFin in the company database.

    BaFin bases this information on section 37 (4) of the German Banking Act (Kreditwesengesetz).

    MIL OSI Economics –

  • MIL-OSI Video: Davos 2025 Highlights | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    So what were the highlights at Davos this year?

    Under the theme “Collaboration for the Intelligent Age,” nearly 3,000 people from more than 125 countries came together to address a wide array of critical topics, including global cooperation, economic growth, AI development, and the climate crisis.

    Click the link to rewatch any of our sessions or explore what you missed: wef.ch/wef25

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

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

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

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

    #Davos2025 #WorldEconomicForum #wef25

    https://www.youtube.com/watch?v=G7Mh0MBEJBA

    MIL OSI Video –

  • MIL-OSI Video: A Conversation with Muhammad Yunus, Chief Adviser of the Government of Bangladesh | Davos 2025

    Source: World Economic Forum (video statements)

    Speakers: Muhammad Yunus, Klaus Schwab

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

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

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

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

    #Davos2025 #WorldEconomicForum #wef25

    https://www.youtube.com/watch?v=wjAoISU-5R0

    MIL OSI Video –

  • MIL-OSI USA: Georgians Have Two Weeks Left to Apply for FEMA Assistance; Deadline is Feb. 7, 2025

    Source: US Federal Emergency Management Agency 2

    Georgians Have Two Weeks Left to Apply for FEMA Assistance; Deadline is Feb. 7, 2025

    Georgia survivors of Tropical Storm Debby (Aug. 4—20. 2024) and Hurricane Helene (Sept. 24—Oct. 30, 2024) in the counties designated for Individual Assistance have just two weeks left to apply for FEMA assistance.The application period for federal disaster assistance ends on Friday, Feb. 7, 2025.Counties approved for assistance for Hurricane Helene are: Appling, Atkinson, Bacon, Ben Hill, Berrien, Brantley, Brooks, Bryan, Bulloch, Burke, Butts, Camden, Candler, Charlton, Chatham, Clinch, Coffee, Colquitt, Columbia, Cook, Dodge, Echols, Effingham, Elbert, Emanuel, Evans, Fulton, Glascock, Glynn, Hancock, Irwin, Jeff Davis, Jefferson, Jenkins, Johnson, Lanier, Laurens, Liberty, Lincoln, Long, Lowndes, McDuffie, McIntosh, Montgomery, Newton, Pierce, Rabun, Richmond, Screven, Stephens, Taliaferro, Tattnall, Telfair, Thomas, Tift, Toombs, Treutlen, Ware, Warren, Washington, Wayne, Wheeler and Wilkes.Counties approved for assistance for Tropical Storm Debby are: Bryan, Bulloch, Chatham, Effingham, Evans, Liberty, Long and Screven.If you had storm-related expenses and live or own a business in one of the listed counties, you are encouraged to apply for disaster assistance. FEMA assistance can provide grants, and the U.S. Small Business Administration (SBA) may offer loans for temporary housing, home repairs and other disaster-related needs. For more information or to apply online with SBA, visit sba.gov/disaster. Additional information is also available by calling the Customer Service Center at (800) 659-2955 or via email to disastercustomerservice@sba.gov.You can apply for FEMA assistance online at DisasterAssistance.gov. You can also apply using the FEMA App for mobile devices or calling toll-free 800-621-3362. The telephone line is open every day and help is available in most languages. Survivors can also contact the Georgia Call Center Monday through Saturday at 678-547-2861 for assistance with their application.To apply in person, visit a Disaster Recovery Center, where FEMA and SBA specialists can help you apply for assistance, upload documents, answer questions and provide information on available resources. You may visit any open Disaster Recovery Center. For locations and hours, go online to fema.gov/drc. All centers are accessible to people with disabilities or access and functional needs and are equipped with assistive technology. For an accessible video on how to apply for assistance go to FEMA Accessible: Applying for Individual Assistance – YouTube.FEMA provides help to all disaster survivors, regardless of race, color, national origin, sex, sexual orientation, religion, age, disability, English proficiency or economic status. Our top priority is ensuring that disaster assistance is reaching people in need.For the latest information about Georgia’s recovery, visit fema.gov/helene/georgia and fema.gov/disaster/4821. Follow FEMA on X at x.com/femaregion4 or follow FEMA on social media at: FEMA Blog on fema.gov, @FEMA or @FEMAEspanol on X, FEMA or FEMA Espanol on Facebook, @FEMA on Instagram, and via FEMA YouTube channel. Also, follow Acting Administrator Cameron Hamilton on X @FEMA_Cam.
    jakia.randolph
    Fri, 01/24/2025 – 13:27

    MIL OSI USA News –

  • MIL-OSI: Simplifying Crypto Payments: Introducing Bybit Pay

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Jan. 24, 2025 (GLOBE NEWSWIRE) — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to launch Bybit Pay, an innovative payment platform designed to seamlessly connect traditional finance with the digital economy. This new solution is about processing payments and building strategic partnerships that drive growth, innovation, and financial inclusion on a global scale.

    Bybit Pay is a next-generation payment solution designed to simplify transactions across fiat and cryptocurrencies. With seamless integration across websites, mobile apps, and point-of-sale (POS) systems, Bybit Pay empowers businesses to offer efficient, secure, and low-cost payment options to their customers. Whether it’s for online platforms, in-store purchases, or cross-border payments, Bybit Pay bridges the gap between traditional payment methods and the growing demand for digital financial services.

    Bybit Pay is happy to welcome more forward-thinking partners joining its ecosystem – businesses, payment providers, and service platforms looking to innovate and scale their operations in the evolving digital finance landscape. Partners gain access to:

    • A Global User Base: Instantly connecting with Bybit’s network of over 60 million global users.
    • Seamless Integration: Easily incorporating Bybit Pay into existing financial infrastructures and business systems.
    • Scalable Solutions: Growing with flexible, future-proof payment technologies designed to adapt to market needs.
    • Cross-Industry Collaboration: Unlocking opportunities through partnerships across e-commerce, traditional finance, and digital asset sectors.

    Empowering Businesses and Customers Alike

    For businesses, Bybit Pay offers the tools to drive potential revenue growth, reduce operational costs, and improve financial efficiency. At the same time, customers are able to benefit from faster transactions, lower fees, and the freedom to choose between fiat and cryptocurrency payment methods – creating a frictionless payment experience for all.

    A Vision for the Future

    Joan Han, Bybit’s Sales and Marketing Director, envisions a brighter future for payments, noting: “Bybit Pay represents a shift in how we connect businesses to the digital future. It’s more than a payment platform; it’s a call to partners to innovate and redefine transactions with solutions that are efficient, accessible, and forward-thinking.”

    The Future of Payments Starts Here

    Bybit Pay represents a new chapter in digital finance – where innovation, scalability, and reliability come together to create unparalleled opportunities for growth.

    #Bybit / #TheCryptoArk

    About Bybit

    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

    For more details about Bybit, please visit Bybit Press 

    For media inquiries, please contact: media@bybit.com

    For updates, please follow: Bybit’s Communities and Social Media

    Contact

    Head of PR

    Tony

    Bybit

    tony.au@bybit.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7c878034-d424-4c73-9f6b-1056a73a4449

    The MIL Network –

  • MIL-OSI: Relm Addresses Growing Risk of Crypto Exchange Bankruptcy with Innovative FALTAWEB3 Product Launch

    Source: GlobeNewswire (MIL-OSI)

    HAMILTON, Bermuda, Jan. 24, 2025 (GLOBE NEWSWIRE) — Relm Insurance (‘Relm’), the leading specialty insurance carrier supporting emerging and innovative industries, today announced the launch of FALTAWEB3, a bespoke risk transfer solution that asset managers, broker/dealers or custodians can purchase to give their customers peace of mind in the event that they are unable to withdraw funds from exchanges due to an ‘exchange default’.

    This first of its kind solution provides policyholder protection against exchange defaults, encompassing ‘insolvency, liquidation, bankruptcy, or halting of account withdrawals’. With the frequency of such events increasing in recent years, Relm has developed FALTAWEB3 to provide commercial customers of exchanges with more confidence to invest and trade.

    With over five years of experience insuring companies across the Web3 ecosystem, Relm’s underwriting team has developed a robust repository of underwriting and risk data specific to digital assets. For FALTAWEB3, Relm will harness its proprietary data alongside insights from Agio Ratings, a credit rating firm with an established record of assessing exchange default risk. Agio Ratings’ rigorous quantitative approach flagged high risk at FTX and several other exchanges that subsequently defaulted. “Exchange risk is notoriously difficult to hedge, even for the most sophisticated risk managers. We’re excited to support Relm’s vision to broaden access to coverage in the event of an exchange default,” said Ana de Sousa, CEO of Agio Ratings.

    “This new solution further solidifies our alignment with innovators in the digital asset space,” said Joseph Ziolkowski, Relm’s CEO and founder. “Insurance should be an enabling force for the maturing crypto economy. FALTAWEB3 was built from deep industry engagement, ensuring that we meet the unique needs of market participants handling significant volumes of fiat and crypto across exchanges.”

    To address this critical exposure with greater flexibility, Relm can also leverage its alternative reinsurance infrastructure to enable self-insurance options and the utilization of third-party capital to underwrite larger limits. Relm offers a bankruptcy-protected, turn-key captive insurance option for commercial entities reliant on exchanges, allowing them to participate in underwriting profits. Additionally, Relm can quickly establish reinsurance sidecars, deploying third-party capital — denominated in fiat or digital assets — to create regulated reinsurance capacity absent in the traditional market.

    “Through direct engagement with stakeholders and cutting-edge technology partners, Relm continues to redefine the possibilities of risk transfer solutions,” added Claire Davey, Relm’s Head of Product Innovation and Emerging Risk. “FALTAWEB3 exemplifies our commitment to identifying emerging risks and utilizing data-driven insights alongside regulated insurance infrastructure to create products that address gaps in the traditional insurance market and provide confidence to a growing digital asset economy.”

    This news comes after Relm announced the launch of its US MGA, licensed in 50 states, and the hiring of industry veteran Keith Lavigne as Head of Underwriting – US.

    About Relm Insurance
    Relm Insurance Ltd. (Relm) is a Bermuda-domiciled specialty insurance carrier supporting emerging industries that spur innovation and next generation technologies. Launched in 2019 to address the scarcity of insurance capacity available to these high growth markets, Relm plays an active role in bolstering the resilience of these innovative industries. Relm’s unrivaled industry expertise and solutions-driven track record makes it a highly sought-after risk partner for businesses and institutions operating at the forefront of Web3, digital assets, AI, and alternative medicine. Relm has earned a Financial Stability Rating of A, Exceptional, from Demotech. Please visit http://www.relminsurance.com for more information.

    About Agio Ratings
    Agio Ratings is a credit and risk analysis firm focused on the digital asset market. With a team of seasoned financial professionals, statisticians, and data scientists, it has developed proprietary risk models that capture the market’s unique and volatile risks factors. Agio Ratings is trusted by leading risk teams in the industry and backed by globally renowned investors, including Superscrypt, Portage, and MS&AD Ventures. For more information, please visit: https://www.agioratings.io/

    # # #

    Media Contact
    Yasmin Oronos | Account Execuctive 

    yasmin.oronos@lunapr.io

    The MIL Network –

  • MIL-OSI: BexBack Introduces 100x Leverage, Double Deposit Bonus, and $50 Welcome Bonus—A Game-Changer for Crypto Traders

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Jan. 24, 2025 (GLOBE NEWSWIRE) — As Bitcoin’s price hovers around the $100,000 mark and enters a phase of high volatility, many analysts predict the market will remain active for the long term. For traders seeking to maximize profits under these conditions, BexBack Exchange has launched an unparalleled promotional package. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and 100x leverage on cryptocurrency trading—all while maintaining a No KYC policy, ensuring a seamless and private trading experience.

    Unleash the Power of 100x Leverage

    BexBack’s 100x leverage feature allows traders to control larger positions with smaller capital, offering significant profit potential. For instance:

    • If Bitcoin is priced at $100,000 and you open a position with 1 BTC using 100x leverage, your trade equates to 100 BTC.
    • If Bitcoin’s price rises to $105,000, your profit would be: (105,000−100,000)×100/100,000=5BTC, yielding a 500% return.

    Maximize Gains with the 100% Deposit Bonus

    The 100% deposit bonus is designed to double traders’ capital. For example:

    • Deposit 1 BTC and receive an additional 1 BTC as a bonus, enabling you to trade with 2 BTC. While the bonus cannot be directly withdrawn, it acts as extra margin, reducing liquidation risks during volatile markets.

    Why Choose BexBack?

    BexBack’s innovative features and user-centric approach set it apart:

    1. No KYC Policy: Start trading instantly with just an email—no lengthy verifications required.
    2. High Leverage: Trade with up to 100x leverage, amplifying your capital efficiency.
    3. Transparent Fees: Zero spreads and no slippage ensure precise trade execution.
    4. Comprehensive Accessibility: Available on both web and mobile platforms, offering 24/7 access.
    5. Global Reach: Accepts users from the United States, Canada, and Europe, and holds a US MSB license.
    6. Demo Account: Perfect for beginners, with 10 BTC in virtual funds to practice strategies risk-free.
    7. Affiliate Rewards: Earn up to 50% commission through the lucrative affiliate program.

    About BexBack

    BexBack is a global leader in cryptocurrency derivatives trading, offering perpetual contracts for BTC, ETH, ADA, SOL, and XRP with up to 100x leverage. Headquartered in Singapore, with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina, BexBack is trusted by over 200,000 traders worldwide. The platform holds a US MSB license and is dedicated to providing a seamless trading experience with no deposit fees, 24/7 multilingual customer support, and advanced trading tools.

    Don’t Miss the Opportunity!

    With Bitcoin at $100,000, the cryptocurrency market is at a critical juncture. BexBack’s unbeatable bonuses and high-leverage offerings make it the ideal platform for traders looking to capitalize on this dynamic market.

    Sign up today on BexBack to claim your bonuses and start trading with the tools you need to succeed in the new era of cryptocurrency trading.

    Website: http://www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/055bdd3e-9532-4205-b957-764c3c1b0717

    https://www.globenewswire.com/NewsRoom/AttachmentNg/665fdfca-e73b-4a8e-93ae-2ed294730a1a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8d1af240-ffb5-4c85-a9e6-939c54ed7a62

    https://www.globenewswire.com/NewsRoom/AttachmentNg/623cdedd-2b86-4a21-9833-8263886d659c

    The MIL Network –

  • MIL-OSI: Coolmuster iOS Assistant for Mac V5.0 Updated：Enhanced iPhone Manager on Mac

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Jan. 24, 2025 (GLOBE NEWSWIRE) — Coolmuster, a leading consumer software provider specializing in data management solutions for 10+ years, announces a significant update to Coolmuster iOS Assistant for Mac. This enhanced version synchronizes key features from the Windows version, optimizing user experience and enabling seamless management, transfer, and backup of iOS data on Mac computers.

    What’s New in Coolmuster iOS Assistant for Mac V5.0?

    The latest update introduces several key improvements:

    • Optimized Data Loading: Enhanced loading for SMS, memos, thumbnails, and voice memos accelerates transfers.
    • Improved Media Navigation: Refined iCloud thumbnail loading and image export with creation time for smoother media management.
    • Data Integrity Fixes: Resolved potential data loss issues when loading albums, ensuring safe photo management.
    • E-book Transfer Resolution: Fixed issues with transferring e-books to iOS devices.
    • iOS 18 Compatibility: Improved recognition of memos and voice memos, enhancing overall functionality.
    • Performance Enhancements: Addressed potential crashes and optimized performance for a more reliable user experience.

    “Our goal with the latest update was to enhance the user experience and ensure that managing iOS data on Mac is as seamless as possible,” said the Co-founder of Coolmuster. “We listened to our users’ feedback, and these improvements reflect our commitment to providing reliable and efficient tools for their digital lives.”

    Additionally, Coolmuster offers a suite of data management tools, including the Coolmuster Android Assistant, Coolmuster Mobile Transfer, Coolmuster iPhone Data Recovery and Coolmuster Lab.Fone for Android, offering efficient solutions for phone management, transfer and recovery.

    Compatibility and Pricing

    Supported Systems:

    • Windows OS: Windows 7 or newer
    • Mac OS: Mac OS X 10.9 or later
    • iOS: iOS 5.0 and above (including iOS 18)

    Pricing:

    • 1 Year License: Starting from $25.95 for 1 PC
    • Lifetime License: Starting from $35.95 for 1 PC
    • Business License: Starting from $35.95 for 2-5 PCs

    To celebrate the update and appreciate user trust, Coolmuster will host giveaways, offering free software and 20% discounts on selected products. Details can be found at Coolmuster Giveaways.

    About Coolmuster

    Established in 2013, Coolmuster is dedicated to developing powerful and user-friendly software for iOS, Android, Office, Utilities, and Multimedia. With over 2 million users in 160 countries, Coolmuster is committed to enhancing digital life through innovative technology and exceptional customer support.

    More information: https://www.coolmuster.com/

    The MIL Network –

  • MIL-OSI USA: Tennessee Document Processing Centers to Close; FEMA Help Remains

    Source: US Federal Emergency Management Agency

    Headline: Tennessee Document Processing Centers to Close; FEMA Help Remains

    Tennessee Document Processing Centers to Close; FEMA Help Remains

    The Document Processing Centers operated by FEMA will close at 5 p.m. on Friday, Jan.24.  While FEMA centers were open, more than 5,146 people were able to get information and guidance in face-to-face meetings with  FEMA, the U.S. Small Business Administration and other agencies and organizations.  FEMA urges survivors to stay in touch. For more information, go to DisasterAssistance.gov, use the FEMA App for mobile devices or call the FEMA Helpline at 800-621-3362. Lines are open from 7 a.m. to midnight Eastern Time seven days a week and specialists speak many languages. Applying for assistance is an ongoing process that began when you submitted your application. FEMA may try to get in touch with you from an unknown number. You could receive a letter from FEMA letting you know that your application has missing or incomplete information. Be sure to provide any information that is needed.
    kwei.nwaogu
    Fri, 01/24/2025 – 14:58

    MIL OSI USA News –

  • MIL-OSI Security: Wisconsin Man Pleads Guilty to ‘Swatting’ Scheme That Took Over Ring Doorbell Cameras to Livestream Police Response

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    LOS ANGELES – A Wisconsin man pleaded guilty today to participating in a one-week nationwide “swatting” spree that gained access to Ring home security door cameras, placed bogus emergency phone calls designed to elicit an armed police response, then livestreamed the events on social media, sometimes while taunting responding police officers in communities such as West Covina and Oxnard.

    Kya Christian Nelson, 23, of Racine, Wisconsin, pleaded guilty to one count of conspiracy and two counts of unauthorized access to a protected computer to obtain information.

    Nelson, who is doing time in a Kentucky state prison after being convicted in an unrelated case, has been in federal custody since August 2024.

    “Swatting puts innocent lives in danger,” said Acting United States Attorney Joseph T. McNally. “Today’s guilty plea demonstrates that individuals who engage in this dangerous conduct will be held accountable through federal prosecutions.”

    “The defendant’s malicious actions traumatized his victims and put their lives – and the lives of responding officers – at risk,” said Akil Davis, Assistant Director in Charge of the FBI Los Angeles Field Office. “Swatting hoaxes drain crucial law enforcement resources at the expense of taxpayers and diverts police officers from responding to actual crisis situations. This case is a good reminder for security doorbell users that it’s important to practice strict cyber hygiene by using difficult passwords and by employing two-factor authentication.”

    According to his plea agreement, from November 7, 2020, to November 13, 2020, Nelson and co-conspirators gained access to home security door cameras sold by Ring LLC, a Santa Monica-based home security technology company. Nelson acquired without authorization the username and password information for Yahoo! email accounts belonging to victims throughout the United States.

    The conspirators then determined whether the owner of each compromised Yahoo! account also had a Ring account using the same email address and password that could control associated internet-connected Ring doorbell camera devices. Using that information, they identified and gathered additional information about their victims.

    Then, the conspirators placed false emergency reports or telephone calls to local law enforcement in the areas where the victims lived. These reports or calls were intended to elicit an emergency police response to the victim’s residence. The conspirators then accessed without authorization the victims’ Ring devices and transmitted the audio and video from those devices on social media during the police response. They also taunted responding police officers and victims through the Ring devices during several of the incidents.

    For example, on November 8, 2020, Nelson and a co-conspirator accessed without authorization Yahoo! and Ring accounts belonging to a victim in West Covina. A hoax telephone call was placed to the West Covina Police Department purporting to originate from the victim’s residence and posing as a minor child reporting her parents drinking and shooting guns inside the residence. The caller claimed that her parents had multiple firearms and had fired approximately seven gunshots inside the house. Based on this hoax call, West Covina Police Department officers made an emergency response to the house and cleared the residents from the home at gunpoint.

    During the police response, Nelson accessed the Ring doorbell camera located at the West Covina residence and used it to verbally threaten and taunt the police officers who responded to the reported incident.

    In another incident, on November 11, 2020, Nelson illegally possessed the Yahoo! and Ring login credentials of a victim living in Oxnard. Nelson then used those credentials to access the victim’s Ring account. Nelson or a co-conspirator made a hoax call to the Oxnard Police Department purporting to be coming from inside the victim’s home.

    The caller told the police that they were a child whose father was wielding a handgun inside the residence. Nelson made a second hoax call to Oxnard Police to report hearing shots fired at the victim’s residence. Based on these hoax calls, Oxnard Police officers made an emergency response to the house and cleared the residents from the home at gunpoint.

    Nelson accessed the Ring doorbell camera located at the Oxnard residence and used it to threaten and taunt the police officers who had responded to the reported incident.

    United States District Judge John A. Kronstadt scheduled a May 1 sentencing hearing, at which time Nelson will face a statutory maximum sentence of five years in federal prison for each count.

    One of Nelson’s indicted co-conspirators, James Thomas Andrew McCarty, 22, of Kayenta, Arizona, was sentenced in June 2024 to seven years in federal prison both for his role in this case, and on additional charges in the District of Arizona. In connection with the Ring swatting incidents, McCarty pleaded guilty to the same conspiracy as Nelson.

    McCarty further admitted to illegally accessing a victim’s Ring camera in Florida and making a call to the North Port Florida Police Department, in which he purported to be the victim’s husband who had just killed her, was holding a hostage, and had rigged explosives at the residence. McCarty then livestreamed the law enforcement response and posted a message on social media taking credit for the swatting incident and stating that he thought it was amusing.

    The FBI investigated this matter.

    Assistant United States Attorney Khaldoun Shobaki of the Cyber and Intellectual Property Crimes Section is prosecuting this case.

    MIL Security OSI –

  • MIL-OSI Global: Mpox in the DRC: residents of the slum at the centre of Kinshasa’s epidemic have little chance of avoiding this major health crisis

    Source: The Conversation – Africa – By Yap Boum, Professor in the faculty of Medicine, Mbarara University of Science and Technology

    Walking through the crowded streets of the Pakadjuma neighbourhood in Kinshasa, capital of the Democratic Republic of Congo, I am struck by the vibrant atmosphere around me.

    Children play happily in puddles, surrounded by piles of plastic bags and open ditches of sewage. Shacks patched together from pieces of corrugated iron crowd the settlement. Loud rumba music blasts through the air as young people enjoy themselves in open bars, waiting for grilled pork or chicken to be served. Sex workers sit outside tin shacks in narrow alleyways, calling for customers.

    Nearby a Médecins Sans Frontières triage centre is the only reminder that this slum area is the epicentre of the mpox epidemic in Kinshasa. There are no posters, no pamphlets or banners warning residents of the dangers of this viral disease that was declared a continental and global emergency in August last year.

    At the clinic, patients suspected to have mpox are sent to one of three dedicated mpox centres in the city. Common symptoms include fever, headache, muscle ache, chills, exhaustion, swollen lymph nodes and lesions. With symptomatic care most patients get better in 7 to 35 days, depending on the severity of the case.

    As an epidemiologist co-leading the response to mpox for Africa Centres for Disease Control and Prevention, I visited Pakadjuma to get a better sense of the situation on the ground.

    Mpox has historically been a rural disease in the DRC. This microcosm of Kinshasa sheds light on the complex challenges of managing the outbreak in a city.

    Fighting on two fronts

    With a population of more than 17 million, Kinshasa is Africa’s biggest megacity. Pakadjuma is one of the city’s many overcrowded areas where people live in extreme poverty.

    Kinshasa, often called “Kin la Belle”, faces a unique crisis in the fight against mpox. Both strains of the virus, clade Ia and clade Ib, are circulating in the city simultaneously. This is first time this has happened.

    Clade Ia, which is primarily transmitted from animal to human and then within households through touch, has been endemic to Africa for decades.

    Clade Ib is a new strain and contracted predominantly through sexual contact. It is the strain that has spread rapidly across 21 African countries during the current epidemic in east and central Africa.

    This dual transmission makes the fight against mpox even more complicated: how does one tackle a public health crisis rooted in both intimate human connections and structural inequities such as living in overcrowded areas?

    Although the strains are treated similarly clinically, their spread and transmission differ.

    Clade Ia is mainly associated with zoonotic transmission (from animals to humans) in rural areas. Animal surveillance and community education are required to control spillovers.

    Clade Ib, with higher human-to-human transmissibility, necessitates intensified contact tracing, vaccination, and preventive measures in urban and peri-urban areas.

    Tailoring strategies to these differences is key to containing the outbreak.

    When condoms don’t work

    Pakadjuma, in the north-east of the city, is known for poverty and high crime rates. For many girls and young women the sex trade is their only option if they want to survive.

    One of the most pressing challenges to combat the virus in the area is curbing sexual transmission.

    Unlike HIV, where condoms can significantly reduce the risk of spread, mpox poses a different challenge: because the virus is spread by touch there is no practical preventive measure for sexual transmission apart from complete abstinence.

    Mpox lesions start in the groin, making any movement excruciating. For these sex workers, though, abstinence is not an option. It would mean losing their livelihood and the ability to feed their children.

    For their clients, who come from all over the city, it would require altering a core aspect of their lives for a disease they perceive as less lethal than Ebola. There are no easy answers to this dilemma.

    Tracing the spread

    Contact tracing, a cornerstone of outbreak control, is another hurdle.

    Identifying and tracing the contacts of sex workers is complex. As a result only a fraction of mpox cases are confirmed with laboratory analysis.

    On average, each mpox case has about 20 contacts, yet tracing clients in a highly confidential sexual network is next to impossible.

    Without effective contact tracing, infected individuals remain in the community, often seeking treatment only when their condition worsens. From discussions with Médecins Sans Frontières staff in the triage zone, it emerges that suspected mpox cases usually arrive in advanced stages of the disease, when symptoms are clearly visible. Many patients first attempt other remedies such as traditional healing methods, before seeking medical care.

    Fortunately Kinshasa benefits from a strong laboratory network led by the Institut National de la Recherche Biomédicale and test results are available within 48 to 72 hours. This state-of-the-art institute was pioneered by Dr Jean Jacques Muyembe, the microbiologist who first discovered Ebola.

    In the first week of January 2025 there were 1,155 confirmed cases and 27 deaths in the city, according to the DRC Ministry of Health.

    Even for those who seek care at the dedicated mpox centres, navigating the chaotic, congested roads is a nightmare. Yellow minibuses – ominously known locally as the “Spirit of Death” – are crammed and it can take hours to get to a destination.

    With increasing patient numbers, mpox centres in the city are overwhelmed.

    The fight on all fronts

    Addressing the mpox outbreak in Kinshasa requires a multifaceted approach which includes:

    Vaccination: Blanket vaccination drives offer the strongest hope for controlling the outbreak in hotspots such as Pakadjuma where contact tracing is almost impossible. In these cases the whole community needs to be vaccinated.

    This could break transmission chains while allowing individuals at risk, such as sex workers, to continue plying their trades.

    Prevention and control: Home care is essential, particularly in informal settlements like Pakadjuma. Providing food and material support to patients and their families and encouraging the isolation of infected relatives will help to limit the spread of the disease.

    These measures require new thinking, however, when people are trying to survive from day to day.

    Talking to the community: This is difficult because of the stigma around the disease, but it must be at the heart of the response.

    Amplifying the message: The media, local leaders and trusted community members need to be engaged to spread the word loud and clear.

    This all needs to happen immediately or the epidemic will be almost impossible to contain in this vast, sprawling city. The consequences would be dire.

    Yap Boum 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. Mpox in the DRC: residents of the slum at the centre of Kinshasa’s epidemic have little chance of avoiding this major health crisis – https://theconversation.com/mpox-in-the-drc-residents-of-the-slum-at-the-centre-of-kinshasas-epidemic-have-little-chance-of-avoiding-this-major-health-crisis-247809

    MIL OSI – Global Reports –

  • MIL-OSI Security: Madison Man Sentenced to 37 Months in Prison for Conspiracy to Defraud the United States

    Source: Office of United States Attorneys

    Jackson, MS – A Madison man was sentenced to 37 months in federal prison for conspiracy to defraud the United States.

    According to court documents and statements made in court, Reginald Fullwood, Jr., 59, of Madison, participated in a scheme to pay kickbacks to a marketer in exchange for completed doctors’ orders so that he could cause his durable medical equipment company, Jackson Medical Supply, to bill Medicare and Medicare Advantage plans for orthotic braces that were medically unnecessary and/or ineligible for reimbursement. When Medicare initiated an investigation of Jackson Medical Supply, the defendant opened another entity in the name of a nominee owner and again paid kickbacks to a marketer in exchange for doctors’ orders so that the new entity could continue to bill Medicare and Medicare Advantage plans for orthotic braces. Overall, Fullwood caused these entities to bill Medicare and Medicare Advantage approximately $12,441,625.30 and the entities were reimbursed approximately $6,448,092.61 for durable medical equipment that was medically unnecessary and/or ineligible for reimbursement.

    Fullwood pleaded guilty to conspiracy to defraud the United States on August 28, 2024.

    Acting U.S. Attorney Patrick A. Lemon of the Southern District of Mississippi, Special Agent in Charge Robert A. Eikhoff of the Federal Bureau of Investigation, and Special Agent in Charge Tamala Miles of the Department of Health and Human Services Office of Inspector General made the announcement.

    The U.S. Department of Health and Human Services Office of Inspector General and the Federal Bureau of Investigation are investigating the case.

    The case was prosecuted by Trial Attorney Sara Porter of the Gulf Coast Strike Force and Assistant United States Attorney Kimberly T. Purdie.

    MIL Security OSI –

  • MIL-OSI Global: Donald Trump is firing out presidential pardons and warnings of retribution. What happens next?

    Source: The Conversation – UK – By Adam Quinn, Associate Professor in American and International Politics, University of Birmingham

    Donald Trump has now pardoned or commuted the sentences of around 1,500 January 6 protesters, including those who were convicted of crimes against police officers relating to the riot at the US Capitol.

    But use of the presidential pardon in the last few days was not restricted to the incoming president. On his last day in office, outgoing president Joe Biden signed a number of pre-emptive pardons in an effort, he suggested, to shield people from possible “retribution” at Trump’s hands.

    This included not just members of the House committee that investigated the Capitol riot, but also Anthony Fauci, former chief medical advisor to the president during the COVID pandemic, and Gen. Mark Milley, who retired in 2023 after four years as the nation’s most senior military officer, and whom Trump has previously suggested would have been executed for treason in a previous era.

    In December, Biden granted his son Hunter a sweeping pardon, and he extended the same to several other relatives in the final minutes of his presidency. In an accompanying statement he said: “Even when individuals have done nothing wrong — and in fact have done the right thing — and will ultimately be exonerated, the mere fact of being investigated or prosecuted can irreparably damage reputations and finances.”

    Such pardons may be greeted with ambivalence by some recipients. One person who received a pardon was Adam Schiff, now a US Senator and previously a House member who both served on the Jan 6 committee and was lead prosecutor in Trump’s first impeachment. He had previously declared he did not want such a pardon because, first, it was unnecessary since he had done nothing wrong, and, second, it set a bad precedent. We may find out in the months and years ahead whether he was right on either count.

    So how did we get here?

    A year ago, Trump faced a daunting obstacle course of criminal cases. Among them, he faced trial in New York for falsifying business records. Federal prosecutors had indicted him for trying to steal the 2020 election, and for illegally holding onto classified documents after his presidency ended. He also faced state-level election subversion charges in Georgia.

    By the time of his inauguration, however, his legal problems had been almost entirely resolved. He was convicted on the New York charges, but his punishment, an unconditional discharge, is a slap on the wrist. The greatest symbol of Trump’s victory over legal threats, however, is the shelving of the two federal cases against him. Both cases have now been dismissed at the request of the Justice Department because its policy prevents a criminal case against a sitting president. Even if this were not the case, as head of the executive branch Trump would have authority to order them dropped.



    Read more:
    Nixon’s official acts against his enemies list led to a bipartisan impeachment effort

    Trump enters a second term freer of personal legal jeopardy than he has been in years. He is convinced that the cases against him represented a weaponisation of the criminal justice system by his political opponents. Now restored to the highest office, there are widespread fears that he may wield federal power to retaliate against those he believes have wronged him.

    In the run-up to the election he spoke often about “retribution” against “the enemy within”. An NPR investigation of Trump’s rallies and social media posts since 2022 found more than 100 instances of his explicitly or implicitly threatening to “investigate, prosecute, jail or otherwise punish his perceived opponents”.

    He has repeated that he “would have every right” to go after those he believes have waged “lawfare” against him over the last several years.

    If he does decide to try, it is less likely than during his first term that top officials will block or dissuade him. Trump’s current nominee for attorney general, former Florida attorney general Pam Bondi, was part of his defence team during his 2020 impeachment, then an active supporter of his campaign to overturn the 2020 election. During her Senate confirmation hearing she refused to say that she would defy pressure from Trump, but she did say that “politics will not play a part” in deciding who to investigate. Few will have felt completely reassured.

    Even more concerningly, Christopher Wray, director of the FBI, the leading national criminal investigative agency, has resigned before the usual duration of his tenure, after Trump declared he intended to replace him with Kash Patel. Patel, more than any other senior Trump nominee, has spent his career at the heart of the post-2016 Maga movement. He held junior roles late in the first Trump administration, but in the years since he has advocated using criminal and civil prosecution to root out “conspirators” among journalists and government officials.

    Patel even published a book containing a list of “Members of the Executive Branch Deep State” (including both Democrats and Republican appointees), seen by some as an “enemies list”. This is an appointment that some believe suggests restraint is unlikely.



    Read more:
    Trump’s election interference case may be closed, but it still matters for America’s future

    The January 6 rioters and plotters were among the first beneficiaries of the transfer of power. While campaigning Trump had portrayed them as martyrs to his cause and pledged pardons. He made good on that promise on day one by pardoning or commuting sentences. He also ordered the Justice Department to dismiss all pending indictments.

    It remains to be seen what approach the new president will take toward those who have worked prominently against him. He had previously said that some who served on the Congressional committee investigating the attack on the Capitol ““should go to jail”, often singling out former Republican Congresswoman Liz Cheney, who also received a pre-emptive pardon from Biden. Trump has also suggested that Biden should have issued a pardon for himself.

    It is doubtful that targeted investigations could ultimately produce criminal convictions without some plausible case. For the time being at least, US courts and the jury system retain sufficient independence that blatantly groundless and malicious prosecutions would struggle to get that far against targets with the resources to defend themselves.

    But as previous federal probes have illustrated – such as those into the Clintons – even an investigation that ultimately stops short of bringing charges against its top targets can last years, impose significant legal expenses on those embroiled in it, and inflict stress and distraction.

    The aim of this kind of action may be to instil a climate of anticipatory fear in which outspoken criticism in the future seems, to most, more trouble than it is worth. The US is not there yet. But it is closer to such a state than it has been in any of our lifetimes.

    Adam Quinn has previously received research funding from the Economic and Social Research Council (ESRC) and the Charles Koch Foundation (CKF)

    – ref. Donald Trump is firing out presidential pardons and warnings of retribution. What happens next? – https://theconversation.com/donald-trump-is-firing-out-presidential-pardons-and-warnings-of-retribution-what-happens-next-247646

    MIL OSI – Global Reports –

  • MIL-OSI Global: Netflix’s La Palma’s ‘megatsunami’ has been debunked

    Source: The Conversation – UK – By Hannah Little, Lecturer in Communication and Media, University of Liverpool

    In the Netflix series La Palma, a Norwegian family goes on holiday to the Canary Islands when a young researcher discovers alarming signs of an imminent volcanic eruption. Cumbre Vieja is an active volcano on La Palma, which last erupted in 2021. The series culminates in a “megatsunami” capable of engulfing Europe and reaching as far as the west coast of the US.

    It’s a truly terrifying prospect.

    Disaster stories are hugely popular and La Palma is just the latest hit in the growing genre. In his book Disaster Mon Amour, the film critic David Thomson identifies the filmmakers’ goal of creating “a spectacle of devastation with cozy human interest”. But stories like La Palma can have real world impact.

    The series presents itself as being based on a real hypothesis, which is communicated by newscasters and a scientist in the title sequence of each episode. The tsunami expert Simon Day, whose research inspired the show, is also thanked in the closing credits. However, La Palma does nothing to capture the more up to date and reassuring science.

    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.

    While volcanic events can trigger tsunamis, as experts in volcanoes and the communication of disaster, we can assure you that the eruption and subsequent rapid collapse of the island depicted in the series isn’t a plausible scenario that scientists are concerned about.

    What should be taken more seriously are localised tsunamis. Such “megatsunami” scenarios have been debunked in recent years you’ll be happy to hear.

    There have been more than 17 eruptions in the Canary Islands since the 1400s, none resulting in a “megatsunami” across the Atlantic.

    Stories have the power to communicate information about environmental risk for audiences. Following the release of the film, some have dug up the megatsunami hypothesis, raising it back into the public awareness.

    The idea of a “megatsunami”, triggered in the way it is in La Palma, first arose in a 2001 paper by the academic the series thanks in its credits, Simon Day and the geophysicist Steven Ward based on one extreme hypothetical scenario. This theory has since been proven false by subsequent studies that show that a Canary Islands eruption and collapse might reach the US with a maximum wave height similar to a storm surge at one to two metres , not the 25-metre waves depicted in La Palma. Newer research has also called into question the scale of the landslide used in the original study which would cause such a tsunami.

    Since the initial work, we understand a lot more about how large landslides and tsunamis occur, and the computer models used to test tsunami scenarios have improved. Research on the underwater landslide deposits has shown that these collapses occur in multiple, smaller steps, not one massive slide into the ocean. Such a large tsunami would leave telltale deposits in North and South America – but they are nowhere to be found.

    The importance of understanding the risk relating to real volcanoes was encapsulated during the 2021 eruption of Cumbre Vieja. As the eruption progressed, volcanologists received messages from concerned and frightened people fearing a megatsunami, which prompted the US Geological Survey to respond outlining why the hypothesis doesn’t carry. This was even before a major Netflix drama had recounted such an imaginary event.

    Volcanogenic tsunamis of all sizes are a real threat around the world and hazards experts want to know what our risks are so we can prepare and protect our communities. This becomes difficult when facts are diluted or distorted by stories like La Palma’s. Volcanologists with limited resources during an eruption end up spending more time debunking information rather than talking to the press about the potential dangers.

    During the 2021 eruption, the people of La Palma suffered greatly and continue to struggle with claiming compensation and rebuilding their homes or accessing their properties. Tourist numbers dropped to a third of pre-pandemic levels after 2021’s volcanic eruption.

    Misinformation about eruptions and their risks can add to the stress of those inhabiting or visiting volcanic islands, not only concerned about their own safety, but the security of an economy that relies heavily on tourism. With the right information, we can empower communities to prepare themselves and to act fast when the time comes.

    A lot of people watch Netflix, but not many people read scientific papers on volcanology. Given this, it might be that the responsibility of getting the science right and accurately representing risk should lie with the people with a captive audience. There is an opportunity to work with scientists to help spread the right information alongside promotion for future stories about such disasters.

    Simon Day was approached for comment but hadn’t responded by the time this article was published.

    Katy Chamberlain received funding to work on the 2021 La Palma eruption from the Natural Environment Research Council (NERC) Urgency grant number: NE/ W007673/1

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

    – ref. Netflix’s La Palma’s ‘megatsunami’ has been debunked – https://theconversation.com/netflixs-la-palmas-megatsunami-has-been-debunked-246916

    MIL OSI – Global Reports –

  • MIL-OSI Video: Conversation with US Governors | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    Join this interactive dialogue that will focus on US policies from the perspective of states.

    Speakers: Sarah Huckabee Sanders, Andy Beshear, Andrew R. Sorkin

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

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

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

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

    #Davos2025 #WorldEconomicForum #wef25

    https://www.youtube.com/watch?v=OwmjO-609Jc

    MIL OSI Video –

  • MIL-OSI United Kingdom: Letter from Chair to DPM on regulating election finance

    Source: United Kingdom – Executive Government & Departments

    A letter to the Deputy Prime Minister from Doug Chalmers, Chair, Committee on Standards in Public Life on regulating election finance.

    Documents

    Letter from Chair to DPM on regulating election finance

    PDF, 225 KB, 2 pages

    This file may not be suitable for users of assistive technology.

    Request an accessible format.
    If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email public@public-standards.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

    Details

    This letter from CSPL Chair, Doug Chalmers, to the Deputy Prime Minister draws attention to the CSPL’s report on Regulating Election Finance, intending to be of assistance as the government develops its thinking on the changes needed to protect the integrity of our electoral system.

    Updates to this page

    Published 24 January 2025

    Sign up for emails or print this page

    MIL OSI United Kingdom –

  • MIL-OSI Russia: The rector of the State University of Management took part in the meeting of the State Council Commission on Personnel

    Translation. Region: Russian Federation –

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

    Rector of the State University of Management Vladimir Stroyev took part in the first meeting of the State Council of the Russian Federation Commission on Personnel in 2025, which took place on January 22, 2025.

    The Chairman of the Commission, Governor of the Kaluga Region, and graduate of the State University of Management Vladislav Shapsha opened the meeting with a speech in which he spoke about work plans for this year.

    The event was attended by representatives of the Presidential Administration, the Government, the Federation Council, the State Duma, heads of regions, federal and regional ministries, and the scientific and business community. Among them were the Minister of Labor and Social Protection Anton Kotyakov, the First Deputy Minister of Industry and Trade, a graduate of the State University of Management Vasily Osmakov, the Chairperson of the Federation Council Committee on Science, Education, and Culture Liliya Gumerova, the President of the Russian Union of Industrialists and Entrepreneurs Alexander Shokhin, and the Deputy Chairman of the State Council, Deputy Governor of the Kaluga Region, a graduate of our university Tatyana Leonova.

    The participants discussed the main areas of the Commission’s work in 2025 and approved the action plan for the year. The key task is to “land” in a number of pilot regions events related to technological sovereignty, regional personnel forecasts, and the professional education system, in accordance with the updated national objectives. At the same time, the entities participating in the project will be able to receive expert assessments from leading institutes, federal ministries, and subordinate institutions.

    The meeting participants identified assistance to veterans of the special military operation in adapting to civilian life, including in mastering a new profession, as a key priority.

    It was also decided that in February of this year, a visiting meeting would be held in the Kaluga region, in Obninsk, which would be dedicated to the human resources potential of Russian science.

    “We are working on mechanisms for mutual coordination of the goals of national projects. In our case, technological leadership with a regional personnel forecast and routing of students “school-SPO/university-employer”, – Vladislav Shapsha reported on his social networks.

    Rector of the State University of Management Vladimir Stroev noted that he will take part in the next meeting of the Commission and share the experience of the State University of Management in this area.

    The national project “Personnel” was launched this year by decision of President Vladimir Putin. The main objective of the national project is to help prepare employees efficiently and quickly to meet the needs of employers. This can be achieved through the coordinated work of the state, educational institutions and companies. The national project is aimed at career guidance for schoolchildren and employment of recent graduates – measures are provided for the development of targeted training and industrial practices, the formation of a flexible system of professional standards, and increased labor mobility; to transform the approach to the professional development of already working Russians – assistance will be provided in changing professions or acquiring new skills; to create conditions for the development of business competencies in young people.

    Subscribe to the TG channel “Our GUU” Date of publication: 01/24/2025

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

    MIL OSI Russia News –

  • MIL-OSI: Infrastructure Dividend Split Corp. Class A and Preferred Distributions

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Jan. 24, 2025 (GLOBE NEWSWIRE) — Infrastructure Dividend Split Corp. (TSX: IS and IS.PR.A) (the “Fund”) is pleased to announce that a distribution for January 2025 will be payable to Class A shareholders as follows:

    Record Date Payable Date Distribution Per Equity Share
    January 31, 2025 February 14, 2025 $0.14

    The Fund also announces the quarterly distribution for the period ending January 31, 2025, will be payable to preferred shareholders as follows:

    Record Date Payable Date Distribution Per Preferred Share
    January 31, 2025 February 14, 2025 $0.18


    The equity and preferred shares both trade on the Toronto Stock Exchange under the respective symbols IS and IS.PR.A.

    For further information, please visit our website at http://www.middlefield.com or contact Nancy Tham in our Sales and Marketing Department at 1.888.890.1868.

    This press release contains forward-looking information. The forward-looking information contained in this press release is based on historical information concerning distributions and dividends paid on the securities of issuers historically included in the portfolio of the Fund. Actual future results, including the amount of distributions paid by the Fund, may differ from the monthly distribution amount. Specifically, the income from which distributions are paid may vary significantly due to: changes in portfolio composition; changes in distributions and dividends paid by issuers of securities included in the Fund’s portfolio from time to time; there being no assurance that those issuers will pay distributions or dividends on their securities; the declaration of distributions and dividends by issuers of securities included in the portfolio will generally depend upon various factors, including the financial condition of each issuer and general economic and stock market conditions; the level of borrowing by the Fund; and the uncertainty of realizing capital gains. The risks, uncertainties and other factors that could influence actual results are described under “Risk Factors” in the Fund’s prospectus and other documents filed by the Fund with the Canadian securities regulatory authorities. The forward-looking information contained in this press release constitutes the Fund’s current estimate, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking statement contained in this press release represents the Fund’s estimate as of any date other than the date of this press release.

    The MIL Network –

  • MIL-OSI United Kingdom: Culture Secretary speech at the Creative Industries Growth Summit

    Source: United Kingdom – Executive Government & Departments

    Culture Secretary Lisa Nandy’s speech on government plans to grow the creative industries, at the Creative Industries Growth Summit in Gateshead.

    Welcome to the first Creative Industries Growth Summit. The first national and international gathering of the industries we have chosen to be the centre of our plan for economic growth. 

    Today I want to talk to you about how, together, we are going to take the brakes off our fastest growing industries and from design and TV to music, video games and fashion, we are going to unleash the power of our creative industries. 

    To grow our economy. To create good jobs, choices and chances for all our young people. To power the world through our dynamic creative industries. 

    It’s no accident that we chose to meet here in Gateshead. A town with a proud industrial history. Through iron, steel and coal the people of this town – and this region – powered us through the last century. And Gateshead is now at the forefront of Britain’s cultural renaissance. 

    Through great institutions like the Baltic and the Glasshouse, sculptures like the Angel of the North, and a growing film industry and video games industry across the region, Gateshead and the North East are a shining example – every bit as striking as the Millennium Bridge – of how you build a living, breathing bridge from our past to our future. 

    That potential exists in every nation and region of the United Kingdom. Where our world class creative industries have given us a uniquely British brilliance, from the Edinburgh Festival in Scotland, Derry Girls in Northern Ireland, the Hay Festival in Wales, the Jewellery Quarter in Birmingham, and the British Museum in London which pulls in more visitors from around the world than any apart from in New York.

    But while governments of every stripe have appreciated the social value of our creative industries, they have consistently underpriced the huge economic potential of industries that are already among our most powerful engines of growth. That ends with us.

    I shouldn’t have to say it but I do. From theatre to fashion, advertising to publishing, the creative industries have grown one and a half times faster than the rest of the economy. You together in this room are responsible for creating one in seven jobs through the creative economy. You contribute £124 billion to our economy. Your industries generate nearly 6% of our GVA.

    Paul Simon once sang: “Every generation throws a hero up the pop charts.” There are only three countries that are net exporters of music. That is so uniquely true of Britain. We are the musicians, the creators, the storytellers, who tell our story, light up the world and power this economy. That is the talent and ambition that you have, that has built sectors that were worth more to the economy in 2022 than aerospace, life sciences and the automotive industries combined. 

    But too often you’ve done extraordinary things, not in partnership with your government, but despite it. You’ve been knocking on doors in Whitehall for far too long with a clear message. You want the stability that gives investors confidence to back you. You want a government willing to take a bulldozer to every barrier to growth.

    Well today we’re throwing those doors wide open. We share your passion. We match your ambition and we are going to back you to the hilt as one of only eight industries that we believe will power us through the next century.

    I’m delighted that Baroness Shriti Vadera has agreed to lead us through this new chapter as the next chair of our revamped Creative Industries Council. She and the titan that is Sir Peter Bazalgette have wasted no time in setting to work on the Sector Plan, which is our dedicated plan in the Industrial Strategy that will guide us forwards. 

    But as we put those plans in place to carry the torch forwards, you’ve been nothing but straight with us about what is holding you back. And we’ve heard it loud and clear. Investment, innovation, international competitiveness, and skills. So today in all of these areas we’re taking the brakes off our fastest growing industries and inviting you to motor ahead. 

    We’re starting by making sure you have the investment and backing you need. Like every part of the UK economy, the creative industries have amazing start-ups that struggle to scale up. The growth potential is huge, but the investments are often wrongly deemed too risky and this is particularly true outside London and the South East – forcing great British creative businesses to look overseas to scale.

    We are determined to keep that creative pound here in the UK. So as a first step to addressing that all-important finance barrier, the British Business Bank, which supports over £17 billion in finance for businesses already, is committing to increase the scale of its support for the creative industries. 

    Backing capital fund managers to invest in UK creatives, supporting those experts who understand the unique strengths of this sector in the UK. And we are asking the British Business Bank to report to us on its investment in the creative industries, so that we know the real world impact it is having.

    Secondly, we’re taking steps today to address some of the principal barriers to innovation, research and development investment. Time and again we’ve seen examples of creative businesses coming up with innovations that go on to benefit the wider economy. 

    3D modelling, pioneered for video games, is now employed by Rolls Royce in developing engines. 

    Visualisation technologies are helping bring down the backlog in the NHS, helping surgeons at hospitals like University College Hospital, to increase the number of prostate operations they do every year. That is lives changed because of the work you are doing.

    It’s why the Prime Minister’s Council of Science and Technology recommended that public investment in R&D in the creative industries reflect the size, economic contribution and future growth potential of the sector.

    So today we are announcing that we will strengthen the investment from our national research funding agency UKRI into creative R&D.

    This means building on the success of the Arts and Humanities Research Council, and programmes like the Creative Clusters Programme. It means UKRI will develop a specific new strategy to support the creative industries.

    And it means a long-term investment plan for innovation and growth in the sector, allowing us to build world-leading infrastructure around the UK. And again, to underline this commitment, the Government will ask UKRI to report on its investment in the creative industries.

    Because underpinning this is our belief that public and private investment should better reflect the creative industries’ contribution to the economy and its enormous growth potential. 

    But as we embrace new innovation across the country, we will do it in a way that works for creatives, rather than just paying lip service to your concerns. Creators have always been at the cutting edge of new technologies. 

    But we hear creators’ concerns and we recognise the worry that AI is an existential threat to livelihoods. There is no value without content. I want to assure you in the clearest possible terms: creatives are at the core of our AI strategy.

    When it comes to copyright we’re unambiguous in our desire for a copyright regime that provides creators with real control, transparency and ensures they can license their content.

    Thirdly, we’re taking on the skills shortages holding your industries back. We are proud to be supporting major investment projects like the Crown Works film studio in Sunderland. But too often what I hear from young people is that they could no more dream of getting those jobs than going to the moon. 

    That is not just a tragic waste of human potential. It’s bad business. 

    It’s why people like Stephen Knight, the creator of Peaky Blinders, who is working to bring in a film school in Birmingham, is recruiting and training 20% of his workforce from local postcodes. 

    It is essential for investors to know that they don’t have to incur the costs of shipping people in to work on a project, because that talent exists everywhere, but opportunity does not.

    [political content]

    So, the Education Secretary has announced a review of the curriculum. As part of that we are putting creativity, art, music, culture and sport back at the heart of the curriculum, supporting culture and creativity through the education system.

    We’re going to introduce shorter apprenticeships from August 2025. This is one of our first steps towards a more flexible Growth and Skills Levy, recognising the particular needs of this sector.

    A movie can take six months to film, while the inflexible apprenticeship model we inherited requires a commitment to 12. We’re knocking down these needless hurdles and this is just the start.

    Skills England, along with DfE and my department, are now committing to work with creative employers to identify where else the apprenticeship system can be more flexible to help them get the skills they need, when they need them.

    We want kids growing up in Gateshead and Wigan to know that they have a contribution to make, that is seen and is valued. And that contribution is not just for Britain – it’s for the world.

    Because our creative industries aren’t just at the heart of our Industrial Strategy and our economic plan, but right at the centre of our ambition to reconnect Britain to the world.

    This week the Foreign Secretary and I put the creative industries at the heart of our new Soft Power Council which we lead together and we launched on Wednesday.

    We both know that when it comes to international competitiveness, we cannot afford to stand still. So in Europe we are working together to unlock closer cooperation to support our touring artists and those across the EU.

    We’ve wasted no time in introducing tax credits for VFX and independent film. A shining example of how industry and government working together drives investment, creates jobs and allows the best storytellers in the world to tell those stories to the world.

    And to drive the sector’s international impact, the Secretary of State for Business and Trade and I are extending the Music Export Growth Scheme, which will help great artists to take their talent to the next level. Because nobody has a monopoly on talent. 

    I spent three of the happiest years of my life just over the Tyne Bridge at Newcastle University. And apart from having to get used to being called a southerner, those years introduced me to the very rich culture and heritage here in the North East.

    And when I look around this region, it is obvious to me, as it is to so many of you, that this is a region that should be the Hollywood of the UK. With its innovation, its work ethic, its ability to reinvent and reimagine itself. 

    There is a reason why investors are clamouring to invest here. Not just the creativity of the people, and the strong local leadership, but the beauty of the backdrops and the sheer scale of the space to build film studios like Crown Works in Sunderland. 

    So it is extraordinary that for 19 of the last 20 years only two regions – London and the South East – have had the backing and investment to make a net contribution to the public purse. 

    Trying to grow the economy while ignoring the potential in most parts of Britain is like trying to fly a jet on only one engine. So as well as breaking down the barriers to investment, innovation and skills, we are going to build on what you’ve started through the Sector Plan – learning from the success of London as a global hub, to turbocharge the growth of the creative industries right across the UK. 

    There is huge untapped potential across our country, from the music industry in Liverpool to film and TV production here in the North East. And we know mayors and local businesses – like Kim McGuiness here in the North East and Tracy Brabin who has led trade delegations and created cultural collaborations all over the world – know better than anyone how to unlock this creativity, innovation, and growth. 

    That is why today we are announcing new funding for six Mayoral Strategic Authorities with high potential, which local leaders will be able to spend and invest on what they know local creative industry businesses need. They are: the North East, Greater Manchester, Liverpool City Region, West Yorkshire, the West Midlands, and the West of England.

    This is just the first step in boosting growth in all parts of the country. The Sector Plan will include further support that will benefit all businesses wherever they are based. We will work with any part of the country that wants to prioritise the creative industries in their local growth plan.

    Alongside that, we are putting money where our mouth is. Today the Chancellor and I are committing £40 million of funding toward the creative industries in the next fiscal year. Including funding 127 businesses to take growth to the next level – including 11 here in the North East of England.

    That’s new funding for creators and creative businesses, major music labels, film studios and fashion houses. It is a serious sign of our belief in these industries and breaking down the barriers, so that many of you in this room can do the same.

    And this is just the first step. In the months ahead we will be taking more action, developing the Industrial Strategy across Whitehall and knocking down these barriers in the way of this sector’s growth.

    [political content]

    Updates to this page

    Published 24 January 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Response to Storm Éowyn

    Source: Scottish Government

    Severe weather and disruption expected to continue. 

    First Minister John Swinney has asked people to continue to follow Police Scotland advice not to travel during the red weather warning and to be mindful that dangerous conditions will persist for the rest of the evening while the amber warning remains in place. 

    It follows a meeting of the Scottish Government’s Resilience Room (SGoRR), which is co-ordinating the response to the damage and disruption caused by Storm Éowyn in Scotland. 

    SGoRR was updated on the current impacts, including: 

    • Currently around 100,000 households without power 
    • Severe transport disruption with rail, bus, flight, ferry and tram cancellations as well as road closures across the network 
    • 92% of the school estate in Scotland is closed 
    • Cancellation of non-urgent medical appointments 

    The First Minister said utility companies are working at pace to restore power as quickly as possible, however as conditions remain too dangerous for recovery teams to operate fully, welfare provisions are in place to support the most vulnerable. Members of the public are also being urged to plan ahead and continue to follow safety advice in the coming days, including checking for the latest road conditions, Scotrail services and public transport advice which are all expected to experience continued disruption.   

    First Minister John Swinney said: 

    “Storm Éowyn is an exceptional weather event and is causing significant impacts across Scotland, with multiple reports of fallen trees and blown over vehicles. What the Met Office predicted has come our way, with gusts of 100mph winds reported. 

    “I want to thank members of the public for largely following Police Scotland’s advice not to travel. However, this storm is not over yet. Even once the red weather warning expires, severe weather warnings for wind, snow and ice remain in place across much of the country tonight and into tomorrow morning. 

    “A high level of vigilance is still required. There are still too many lorries on the road and I urge all HGVs to follow Police Scotland advice not to travel during the red weather warning. 

    “We are also seeing reports of multiple power outages across Scotland and expect these to continue over the course of the day. It will take time to recover power and transport services across the country, as conditions still remain too dangerous for recovery teams to operate.  

    “Utilities companies are focused on supporting their most vulnerable customers and I’d encourage everyone to please look out for each other and take extra care during this time.” 

    Assistant Chief Constable Mark Sutherland, who is leading the multi-agency response to Storm Eowyn, said:

    “We have seen significant disruption across the country, particularly in the areas affected by the red weather warning. First and foremost, our thoughts are with those who have been injured and those impacted by the weather.

    “The high winds are forecast to continue, with Amber warnings in place into this evening and tomorrow morning.

    “It is concerning that there has been a large number of HGVs on the road. We have responded to 11 incidents so far where HGVs have overturned due to high winds and I want to reiterate the advice that you should not travel in or to areas under the red weather warning. Additionally, I would urge the public to avoid travelling in areas affected by the Amber warning and consider delaying your travel until conditions improve. We don’t ask you to do this lightly and we make this ask with public safety at the forefront of decision-making.

    “Roads are likely to be affected by debris for some time to come and motorists should drive with caution when it is safe to return to the roads.”

    Scottish Fire and Rescue Service Head of Operations Deputy Assistant Chief Officer Garry Mackay said:

    “Our Operations Control rooms are experiencing an extremely high number of 999 calls at the moment. Please only dial 999 and ask for us where there is an immediate risk of harm.

    “For fallen trees or obstacles that do not pose an immediate risk to the public or property, we are asking the public to please contact your local authority.”

    Background  

    SGoRR was attended by the Deputy First Minister, and Cabinet Secretaries for Health; Education; Transport; Justice; Rural Affairs and Islands; and Net Zero and Energy. They were joined by representatives from the Met Office, Police Scotland, Transport Scotland, SEPA, transport and utilities companies and resilience partners. 

    The latest Met Office weather warnings are available on the Met Office website.  

    Flood alerts are issued by the Scottish Environmental Protection Agency and can be viewed on their website.   

    Advice on preparing for severe weather can be found on the Ready Scotland website.   

    Follow Traffic Scotland for the most up-to-date information on the trunk roads throughout the warning periods, via their website, social media channels and radio broadcasts. Updates on ScotRail services and road conditions are available online. 

    To report a power cut or damage to electricity power lines or substations call the SP Networks national Freephone number 105. More information on what to do during a storm can also be found on SP Energy Website. 

    During a power cut firefighters can be called to fires started by candles or portable heaters. For advice on how to stay safe during a power cut visit Scottish Fire and Rescue Website.  

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Drake’s Leat uncovered as part of Armada Way regeneration project

    Source: City of Plymouth

    Wat-er interesting find. Who would have thought drains could be so fascinating, but they are when the contractor was none other than Sir Francis Drake!

    Contractors working on Armada Way are lifting the lid on a slice of Plymouth history – Drake’s Leat, which supplied the city’s water for several hundred years.

    Drake’s Leat opened in 1591 and ran for 17 miles from the River Meavy to the sea. As part of the contract, Drake was granted leases for six water mills along its course.

    Sections of the leat are still very visible on the moors and along the Tavistock Road at Derriford. This city centre section is buried several metres below the surface but is being in part uncovered as part of the preparation work for the regeneration scheme.

    As it is a known archaeological feature, AC Archaeology have been commissioned by the council to record its condition and preserve findings by record before it is covered over once more – in line with best practice to keep finds in situ wherever possible.

    The work will involve photographs and creating scaled drawings when the leat is exposed as well as sampling organic material, if there is suitable access.

    The leat was created at street level but now it’s a couple of metres down, which shows how much the lay of the land has changed. Blitz rubble was used as infill when the city centre was completely rebuilt after the war.

    The industrial revolution in the early 19th Century saw factories and foundries crop up in this location, all of which used water from the leat. Early Victorian maps show an iron works, a sawmill and a dye works in the area currently occupied by SpecSavers, Barclay’s Bank and B&M. A fabric production factory close to the site also produced sails for the Royal Navy.

    Councillor Mark Lowry, city centre champion said: “This stretch of the leat will be particularly interesting due to its reconstruction in the Victorian era to help serve the industries nearby. It will be fascinating to see what archaeologists find. It all adds to the story of Plymouth.”

    Part of the massive Armada Way Regeneration scheme will reference the leat. The water play area will follow its direction and there will be metal markers in the ground to indicate to people the location and direction and flow of the water through the leat.

    The leat fell out of fashion and out of use in the early 1800s when reservoirs were built to supply water to Plymouth’s rapidly expanding population. Two reservoirs were built at Drake’s Place currently part of the University of Plymouth campus on North Hill. The leat within the city centre area was covered over to prevent pollution and to reduce the danger to pedestrians, especially children.

    In 1826 the Corporation laid new iron pipes to supply water. Other reservoirs were built in the mid to late 1800s at Crownhill, Hartley, Roborough and Yelverton.

    MIL OSI United Kingdom –

  • MIL-OSI USA: Acting Chairman Mark T. Uyeda Names Acting Senior Staff

    Source: Securities and Exchange Commission

    The Securities and Exchange Commission today announced Acting Chairman Mark T. Uyeda’s selections for several senior roles in acting capacities across the Commission to fill vacancies created by recent departures.

     “These talented individuals are committed to protecting the investing public, building trust with American companies and market participants, and promoting capital formation,” Acting Chairman Uyeda said.

    The SEC senior staff selected by Acting Chairman Uyeda, with the concurrence of the Commission, include:

    • Jeffrey Finnell, Acting General Counsel
    • Robert Fisher, Acting Director of the Division of Economic and Risk Analysis
    • Kathleen Hutchinson, Acting Director of the Office of International Affairs
    • Samuel Waldon, Acting Director of the Division of Enforcement
    • Ryan Wolfe, Acting Chief Accountant (effective Jan. 25, 2025)

    MIL OSI USA News –

  • MIL-OSI Security: Maryland Man Convicted in $20M Insurance Fraud Scheme

    Source: United States Attorneys General 1

    A federal jury convicted a Maryland man yesterday for conspiracy to commit insurance fraud, money laundering, filing false tax returns and identity theft.

    According to court documents and evidence presented at trial, James Wilson, of Owings Mills, conspired with others to defraud insurance companies by obtaining over 30 life insurance policies for applicants by mispresenting their health, wealth and existing life insurance coverage. The total death benefits from these policies exceeded $20 million.

    Wilson also conspired to defraud individual investors to obtain funds that he then used to pay premiums on fraudulently-obtained life insurance policies. To conceal the fraud, Wilson transferred the fraud through multiple bank accounts, including accounts in the name of trusts. Wilson filed false individual income tax returns for 2018 and 2019, which concealed approximately $5.7 million and $2 million respectively of fraud proceeds.

    Wilson is scheduled to be sentenced on May 1. He faces a maximum penalty of 20 years in prison for each count of conspiracy, wire fraud, mail fraud and money laundering; and a maximum penalty of three years in prison for each count of filing a false tax return. Wilson also faces a maximum penalty of two years in prison for each count of aggravated identity theft. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division, U.S. Attorney Erek L. Barron for the District of Maryland and Special Agent in Charge Kareem A. Carter of IRS Criminal Investigation (IRS-CI)’s Washington, D.C. Field Office made the announcement.

    IRS-CI investigated the case, with assistance from the Maryland Insurance Administration and Maryland Attorney General.

    Trial Attorneys Shawn Noud and Richard Kelley of the Tax Division and Assistant U.S. Attorneys Matthew Phelps and Philip Motsay for the District of Maryland are prosecuting the case.

    MIL Security OSI –

  • MIL-OSI Security: Security News: Maryland Man Convicted in $20M Insurance Fraud Scheme

    Source: United States Department of Justice 2

    A federal jury convicted a Maryland man yesterday for conspiracy to commit insurance fraud, money laundering, filing false tax returns and identity theft.

    According to court documents and evidence presented at trial, James Wilson, of Owings Mills, conspired with others to defraud insurance companies by obtaining over 30 life insurance policies for applicants by mispresenting their health, wealth and existing life insurance coverage. The total death benefits from these policies exceeded $20 million.

    Wilson also conspired to defraud individual investors to obtain funds that he then used to pay premiums on fraudulently-obtained life insurance policies. To conceal the fraud, Wilson transferred the fraud through multiple bank accounts, including accounts in the name of trusts. Wilson filed false individual income tax returns for 2018 and 2019, which concealed approximately $5.7 million and $2 million respectively of fraud proceeds.

    Wilson is scheduled to be sentenced on May 1. He faces a maximum penalty of 20 years in prison for each count of conspiracy, wire fraud, mail fraud and money laundering; and a maximum penalty of three years in prison for each count of filing a false tax return. Wilson also faces a maximum penalty of two years in prison for each count of aggravated identity theft. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division, U.S. Attorney Erek L. Barron for the District of Maryland and Special Agent in Charge Kareem A. Carter of IRS Criminal Investigation (IRS-CI)’s Washington, D.C. Field Office made the announcement.

    IRS-CI investigated the case, with assistance from the Maryland Insurance Administration and Maryland Attorney General.

    Trial Attorneys Shawn Noud and Richard Kelley of the Tax Division and Assistant U.S. Attorneys Matthew Phelps and Philip Motsay for the District of Maryland are prosecuting the case.

    MIL Security OSI –