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Category: Business

  • MIL-OSI: FHLB Des Moines Announces 2025 Affordable Housing Advisory Council Appointments

    Source: GlobeNewswire (MIL-OSI)

    Des Moines, Iowa, Jan. 24, 2025 (GLOBE NEWSWIRE) — The Housing and Community Investment Committee of the Federal Home Loan Bank Des Moines (FHLB Des Moines) Board of Directors appointed one new individual and re-appointed four individuals to the FHLB Des Moines Affordable Housing Advisory Council (Advisory Council). The members are selected for their knowledge and experience providing or promoting affordable housing and community economic development within the FHLB Des Moines district. The Advisory Council is made up of 15 diverse members representing a variety of community-based and not-for-profit organizations.

    The role of the Advisory Council is to advise the FHLB Des Moines Board of Directors about the affordable housing and community lending needs of the Bank’s district.

    New appointee

    • Sharon Vogel, At Large – Executive Director of Cheyenne River Housing Authority on the Cheyenne River Sioux Reservation

    Re-appointed members

    • Mike Akerlow, Utah –Director of Housing and Community Development for the Mayor of Salt Lake County
    • Bob Peterson, Washington – Deputy Director of Washington State Housing Finance Commission
    • Kevin Bryant, Missouri – Executive Founder and Developer of Kingsway Development LLC, President of Kingsway Merchants District Association and CEO of Conversions Global Marketing
    • Renee Stevens, At Large – Executive Director of Open House Ministries in Vancouver, WA

    “I look forward to working with Sharon Vogel and the re-appointed members. Each bring a depth of expertise and experience that enriches the Advisory Council,” says Jennifer Ernst, FHLB Des Moines Community Investment director. “We are fortunate to have such a diverse Advisory Council that provides valuable perspectives and insights about ways FHLB Des Moines can support the affordable housing and community development needs in its district.”

    For a full list of the FHLB Des Moines Advisory Council members, please visit our website.

    # # #

    The Federal Home Loan Bank of Des Moines is deeply committed to strengthening communities, serving 13 states and three U.S Pacific territories as a member-owned cooperative. We work together with more than 1,200 member institutions to support affordable housing, economic development and community improvement.  

    FHLB Des Moines is one of 11 regional Banks that make up the Federal Home Loan Bank System. Members include community and commercial banks, credit unions, insurance companies, thrifts and community development financial institutions. The Des Moines Bank is wholly owned by its members and receives no taxpayer funding.

    The MIL Network –

  • MIL-OSI: Fidelity D & D Bancorp, Inc. First Quarter 2025 Dividend

    Source: GlobeNewswire (MIL-OSI)

    DUNMORE, Pa., Jan. 24, 2025 (GLOBE NEWSWIRE) — The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s 2025 first quarter dividend of $0.40 per share, a 5% increase above the prior year’s first quarter dividend paid of $0.38 per share. The dividend is payable March 10, 2025 to shareholders of record at the close of business on February 14, 2025.

    Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne, Northampton and Lehigh Counties through The Fidelity Deposit and Discount Bank’s 21 full-service community banking offices, along with the Fidelity Bank Wealth Management Minersville Office in Schuylkill County. Fidelity Bank provides a digital and virtual experience via digital services and digital account opening through Online Banking and the Fidelity Mobile Banking app.

    For more information visit our investor relations web site through http://www.bankatfidelity.com.

    This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include the possibility that increased demand or prices for the company’s financial services and products may not occur, changing economic, interest rate and competitive conditions, technological developments and other risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission.
     
    Contacts:              
    Daniel J. Santaniello
    President and Chief Executive Officer
    570-504-8035    		   Salvatore R. DeFrancesco, Jr.
    Treasurer and Chief Financial Officer
    570-504-8000
         

    The MIL Network –

  • MIL-OSI USA: Former CEO of Startup Software Company Sentenced for Payroll Tax Fraud Crimes

    Source: US State of North Dakota

    A New Hampshire man was sentenced yesterday to two-and-a-half years in prison for willfully failing to pay more than $14 million in payroll taxes and not filing personal tax returns.

    According to court documents and statements made in court, Andrew Park, 49, of Bedford, was the co-founder and CEO of a startup technology company. Park was responsible for all financial matters related to the company, including for filing the company’s quarterly employment tax returns and collecting and paying over Social Security, Medicare and income taxes withheld from the employees’ wages to the IRS, as well as the matching Social Security and Medicare taxes the company owed.

    From the company’s founding in 2014 through the third quarter of 2021, Park withheld federal taxes from the wages of the company’s employees but did not pay them over as required by law. He also did not pay over the portion of the employment taxes that the company owed. Park willfully failed to do so even though a payroll service company that he hired to process the employees’ payroll regularly notified him that the taxes were due, and in more than one instance was notified by an employee that the amount paid to Social Security listed on her W-2 did not match what was reported by the Social Security Administration.

    From 2013 through 2020, Park also did not file individual tax returns as required by law, despite the fact that he paid himself a salary of approximately $250,000 each year.

    In total, Park caused a tax loss to the IRS exceeding $14 million.

    In addition to the term of imprisonment, U.S. District Chief Judge Landya B. McCafferty for the District of New Hampshire ordered Park to serve three years of supervised release and to pay $639,821.78 in restitution to the United States and a fine of $15,000.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division and Acting U.S. Attorney John J. McCormack for the District of New Hampshire made the announcement.

    IRS Criminal Investigation investigated the case.

    Assistant Chief Eric Powers of the Tax Division and Assistant U.S. Attorney Matthew Hunter for the District of New Hampshire prosecuted the case.

    MIL OSI USA News –

  • MIL-OSI Security: Former CEO of Startup Software Company Sentenced for Payroll Tax Fraud Crimes

    Source: United States Attorneys General 1

    A New Hampshire man was sentenced yesterday to two-and-a-half years in prison for willfully failing to pay more than $14 million in payroll taxes and not filing personal tax returns.

    According to court documents and statements made in court, Andrew Park, 49, of Bedford, was the co-founder and CEO of a startup technology company. Park was responsible for all financial matters related to the company, including for filing the company’s quarterly employment tax returns and collecting and paying over Social Security, Medicare and income taxes withheld from the employees’ wages to the IRS, as well as the matching Social Security and Medicare taxes the company owed.

    From the company’s founding in 2014 through the third quarter of 2021, Park withheld federal taxes from the wages of the company’s employees but did not pay them over as required by law. He also did not pay over the portion of the employment taxes that the company owed. Park willfully failed to do so even though a payroll service company that he hired to process the employees’ payroll regularly notified him that the taxes were due, and in more than one instance was notified by an employee that the amount paid to Social Security listed on her W-2 did not match what was reported by the Social Security Administration.

    From 2013 through 2020, Park also did not file individual tax returns as required by law, despite the fact that he paid himself a salary of approximately $250,000 each year.

    In total, Park caused a tax loss to the IRS exceeding $14 million.

    In addition to the term of imprisonment, U.S. District Chief Judge Landya B. McCafferty for the District of New Hampshire ordered Park to serve three years of supervised release and to pay $639,821.78 in restitution to the United States and a fine of $15,000.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division and Acting U.S. Attorney John J. McCormack for the District of New Hampshire made the announcement.

    IRS Criminal Investigation investigated the case.

    Assistant Chief Eric Powers of the Tax Division and Assistant U.S. Attorney Matthew Hunter for the District of New Hampshire prosecuted the case.

    MIL Security OSI –

  • MIL-OSI USA: Ricketts Introduces Bill to Ensure Dignified Burial for Aborted Fetal Remains

    US Senate News:

    Source: United States Senator Pete Ricketts (Nebraska)

    January 24, 2025

    WASHINGTON, D.C. – Today, U.S. Senator Pete Ricketts (R-NE) led eleven colleagues in introducing the Dignity for Aborted Children Act. The bill would require abortionists to dispose of the remains of unborn children with the same dignity and respect as any other human being who dies.

    “A few years ago, the remains of over 2,200 aborted babies were discovered in an abortionist’s home,” said Senator Ricketts. “It’s horrifying that human remains would be treated like common medical waste. My bill will ensure that the remains of aborted children are given the dignity and respect they deserve.”

    Ricketts’ bill is co-sponsored by Senators Jim Banks (R-IN), Steve Daines (R-MT), Josh Hawley (R-MO), Jim Justice (R-WV), James Lankford (R-OK), Jim Risch (R-ID), Mike Rounds (R-SD), Eric Schmitt (R-MO), Tim Sheehy (R-MT), Thom Tillis (R-NC), and Roger Wicker (R-MS).

    The bill was first covered by the Daily Signal here. Bill text can be found here.

    Ricketts has long championed the right to life. When he was Governor, he signed into law bills to ban dismemberment abortion and bolster Nebraska’s informed consent protections for moms. He provided pregnant mothers priority parking spots and nursing mothers’ rooms at state buildings. He also allowed state teammates to donate unused vacation leave to support expecting mothers.

    BACKGROUND

    The Dignity for Aborted Children Act sets out requirements for the disposition of human fetal tissue from an abortion.

    Specifically, the bill:

    • Requires abortionists to dispose of the remains of unborn children just as any other human being.
    • Requires abortionists to obtain a patient’s informed consent for retaining possession of the remains or for allowing the abortionist to transfer the remains to an entity that provides interment or cremation services.

    Abortionists must ensure any tissue released to them is interred or cremated within seven days of the procedure in a manner consistent with state law regarding the disposal of human remains. Abortionists must report annually about these requirements and other specified information. The bill provides civil or criminal penalties for violations of disposal, informed consent, and reporting requirements.

    Ricketts’ bill is endorsed by Susan B. Anthony Pro-Life America, Concerned Women for America, and Students for Life Action.

    MIL OSI USA News –

  • MIL-OSI Canada: Retail Trade Remains Strong in Saskatchewan

    Source: Government of Canada regional news

    Released on January 24, 2025

    Province Ranks Second in Year-Over-Year Retail Trade Growth

    Latest data released by Statistics Canada shows retail trade sales in the province increased by 5.1 per cent from November 2023 to November 2024 (seasonally adjusted), reaching $2.2 billion. This ranks second in terms of percentage change among the provinces.

    “Saskatchewan’s nation leading retail trade numbers demonstrate the strength of our provincial economy,” Trade and Export Development Minister Warren Kaeding said. “This key economic indicator is reflective of our province’s thriving local business sector, supported by our strong and stable leadership. The growth we are experiencing is creating new jobs and opportunities for all those who call Saskatchewan home.”

    The Monthly Retail Trade Survey compiles data on sales, including e-commerce sales, and the amount of retail locations by province, territory and selected census metropolitan areas from a sample of retailers.

    Retail sales is a measure of total receipts at stores, or establishments, that sell goods and services to final consumers.

    The province continues to see economic success across several key indicators. Saskatchewan exports totalled over $102 billion for 2022 and 2023 combined. This is an increase of more than 52 per cent from the previous two-year period, and the highest export numbers in the province’s history. 

    Statistics Canada’s latest GDP numbers indicate that Saskatchewan’s 2023 real GDP reached an all-time high of $77.9 billion, increasing by $1.77 billion, or 2.3 per cent from 2022. This places Saskatchewan second in the nation for real GDP growth, and above the national average of 1.2 per cent.

    Private capital investment is projected to reach $14.2 billion in 2024, an increase of 14.4 per cent over 2023. This is the highest anticipated percentage increase in Canada.

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

    To learn more, visit: investSK.ca.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI Global: UK government’s AI plan gives a glimpse of how it plans to regulate the technology

    Source: The Conversation – UK – By Paul Khullar, Analyst, Science and Technology, RAND Europe

    Anggalih Prasetya / Shutterstock

    The UK government recently published its plan for using AI to boost growth and deliver services more efficiently. It also suggests a fundamental shift in how the UK aims to position itself as a global leader in AI innovation.

    The AI Opportunities Action Plan gives further evidence on how the government intends to regulate cutting-edge AI.

    The timing of this plan, ahead of the Paris AI Action Summit in February, positions the UK to play a significant role in shaping global discussions on AI governance. Its plans to give more powers to the AI Safety Institute (AISI), a directorate of the Department of Science, Technology and Innovation, could enhance the UK’s influence in international cooperation on AI safety and governance through leading the way on legislation and enforcement.

    The previous Conservative government’s approach, outlined in its Pro Innovation Approach to AI Regulation white paper, relied heavily on existing regulators and non-binding principles.

    But Secretary of State for Science, Innovation and Technology Peter Kyle has said there will be a significant shift in the UK’s regulatory approach, moving from voluntary cooperation to mandatory oversight of the most advanced AI systems. After looking at these systems, regulators could ask the tech companies to make changes.

    The government is proposing the Frontier AI Bill, which would make the AISI into a statutory body with the ability to have legal powers rather than just advise companies. The bill could also grant the AISI unprecedented powers to tell developers to share their models for testing before market release, and offer feedback.

    How the EU approaches AI

    This new regulatory shift differs from the European Union’s approach in two important ways. First, the EU has opted for a voluntary code of practice for general-purpose AI systems.

    The EU AI Act takes a comprehensive approach, regulating AI applications across various risk levels and sectors, from high-risk applications in healthcare and education to consumer-facing AI systems. In contrast, the UK’s proposed bill appears more narrowly focused on cutting-edge AI systems before they’re released. Beyond governance, the UK plan also addresses the use of AI in critical infrastructure such as the road networks.

    The government plans to go ahead with 48 out of 50 of the report’s recommendations to start with. This demonstrates a strong commitment to developing the necessary foundations for AI advancement. There are also “partial” agreements to consider visa plans for workers who are highly skilled in AI and the creation of a copyright cleared dataset for training, or improving, AI systems.

    These measures aim to address crucial gaps in the UK’s AI ecosystem. The focus on infrastructure and developing AI skills suggests maintaining competitiveness in AI requires more than just a favourable regulatory environment, it needs robust capital investments.

    Broader risks

    However, several challenges remain. The focus on advanced AI systems, while important, has drawn criticism for potentially overlooking broader AI-related risks. There are legitimate concerns about whether this approach adequately addresses the full spectrum of challenges posed by widespread AI adoption across different sectors and cases, such as developers using copyrighted material to improve their AI systems.

    The success of this new approach will largely depend on several factors. The ability to introduce effective pre-market testing procedures for cutting edge AI systems without creating excessive barriers to innovation. And also it depends on the capacity of regulators to balance oversight and innovation.

    Success will also hinge on the effectiveness of these initiatives in strengthening the UK’s competitive position. .

    The UK’s approach represents a bold experiment in AI governance – one that charts a distinct path from the EU.

    This plan marks a decisive moment in UK AI policy. The success or failure of this targeted approach could have significant implications for how other nations balance comprehensive AI oversight with focused regulation of the most capable systems.

    Paul Khullar has worked on projects funded by DSIT.

    Sana Zakaria has received funding from DSIT and UKRI for other areas of work in her portfolio.

    – ref. UK government’s AI plan gives a glimpse of how it plans to regulate the technology – https://theconversation.com/uk-governments-ai-plan-gives-a-glimpse-of-how-it-plans-to-regulate-the-technology-248140

    MIL OSI – Global Reports –

  • MIL-OSI Global: The Holocaust: how ‘rescue archaeology’ is tackling the impending loss of surviving witnesses

    Source: The Conversation – UK – By Tony Kushner, James Parkes Professor of Jewish/non-Jewish Relations, University of Southampton

    This year is the 80th anniversary of the Soviet army’s liberation of Auschwitz, the huge and complex concentration and death camp in which one million Jews were murdered.

    The theme of this year’s Holocaust Memorial Day is For a Better Future, a message of hope that is much needed in this extremely troubling world, where the far right is gaining power inside and outside of Europe.

    An issue which has troubled those, like myself, who are involved with Holocaust education and memorialisation for some time is what to do when the survivor generation passes on.

    This is no longer a theoretical concern. Every year, inevitably and at an accelerating rate, the numbers of Holocaust survivors diminishes. In the past few years in the UK alone, prominent survivors have been lost. Most recently Lily Ebert, aged 100, who late in life became famous through relating her harrowing story through the very modern media of TikTok.

    Speaking about her death, King Charles said: “Alongside other Holocaust survivors she became an integral part of the fabric of our nation; her extraordinary resilience and courage an example to us all, which will never be forgotten.”

    Indeed, many Holocaust survivors have been prominent in recent years, recounting their testimony to schools and the media. Holocaust Memorial Day, inaugurated at the start of the new millennium, has provided a special place for survivors at both a national and local level.

    This year at the University of Southampton, for example, we are privileged to have Janine Webber, a survivor of the Lvov ghetto in German-occupied Poland, speaking. She will relay to a diverse audience of all ages and backgrounds her life before, during and after the Holocaust.

    Through the Parkes Institute for the study of Jewish/non-Jewish relations, we have organised this city-wide event for over two decades. We know, however, that this may be one of the last times we will be privileged to have the survivors at the heart of our programme. In 2035 it will be the 90th anniversary of the liberation of Auschwitz and by then few survivors, if any, will still be alive.



    Read more:
    Charlotte Delbo and the women of Convoy 31000: how researching their stories led me to a forgotten subcamp and Nazi lies in the Auschwitz archive

    There is a certain irony in the understandable angst about the devastating prospect of a world without Holocaust survivors (as well as their liberators, and those who helped Jewish people during their darkest hour).

    For many years after 1945, Holocaust survivors were not given the space to talk about their experiences – a silence that often extended to their children and wider families. It was only talking in their own small circles that these survivors felt that their experiences would be understood.

    Now the situation is very different. Survivors are honoured for their work in educating new generations born well after the second world war. King Charles’s heartfelt tribute to Ebert reflects a wider tendency. Many have been given honours, including a knighthood to the late survivor leader, Ben Helfgott, who died in 2023. Helfgott was one of over 700 child survivors who were flown to the UK in 1945 to recuperate and ended up making a huge contribution to the country.

    The Pride of Britain Awards honoured Sir Ben Helfgott in 2020.

    In the 1950s and 60s, when the first histories of the Holocaust were produced, the focus was on the perpetrators and the victims were voiceless and seen as “uneducated men” who had no place in accounts of the recent past. All of this changed in the late 20th century when the Holocaust grew in public awareness and interest.

    Belatedly, the survivors were rescued from obscurity and the human element of the tragedy came to the fore. Local and then international testimony projects emerged, the largest being the ongoing Visual History Archive which has interviewed close to 60,000 survivors, including of more recent genocides such as that in Rwanda.

    ‘Rescue archaeology’

    I have estimated that there may be up to 100,000 testimonies of Holocaust survivors in video, oral history and written format – perhaps the most related to any event in history. Most recently these interviews have been developed as interactive holograms where students and others can ask questions of the survivors such as the University of Southern California’s Dimensions project.

    These projects are a form of “rescue archaeology”, saving the testimony of survivors before it is too late. They are, especially in the hologram form, a way of directly confronting the dilemma of how to educate and commemorate without the survivors actually being present.

    The University of Southern California’s Dimensions in Testimony project.

    In 2000, the Imperial War Museum in London opened its first Holocaust galleries. Before then the Holocaust had rarely been confronted by this landmark museum. In 2019 a new permanent Holocaust exhibition was also opened. In both exhibitions, survivor testimony was a prominent and engaging feature. Video testimony especially can capture the attention of all age groups and backgrounds.

    But even with this remarkable resource of recorded Holocaust testimony, something huge and irreplaceable will be lost when we no longer have the survivors to tell their stories.

    Even when survivors are unfocused in their presentation, or they find it challenging to communicate what is ultimately indescribable, there has been a bond between them and their audience. In some ways their presence has made it too easy for those involved in education and commemoration to deal with the Holocaust.

    We must therefore find fresh ways of doing justice to their experiences, using their recorded experiences (including those who were killed but managed to write their testimony in the war itself through diaries) and finding creative ways of engaging a new generation to whom this is now distant history.

    It would be naive, however, to think that the post-survivor world will be an easy one to navigate. We have been lucky that the survivors have had the courage and energy to share their experiences and must regret that it took us so long to listen.

    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.

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

    – ref. The Holocaust: how ‘rescue archaeology’ is tackling the impending loss of surviving witnesses – https://theconversation.com/the-holocaust-how-rescue-archaeology-is-tackling-the-impending-loss-of-surviving-witnesses-248202

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Yorkshire company fined for polluting river with bleach

    Source: United Kingdom – Executive Government & Departments

    A Huddersfield company has been fined and ordered to pay costs totalling almost £9,000 after it polluted a river with bleach and killed hundreds of fish.

    Specialist packing company Liquipak Ltd, based at Queens Mill Business Centre at Queens Mill Road, appeared at Kirklees Magistrates’ Court on Thursday 9 January 2025, where it pleaded guilty to an illegal discharge of bleach.

    The court heard that in September 2021 the bleach – sodium hypochlorite – escaped after a wooden pallet collapsed. The spilt bleach was flushed into surface water drains which discharge into the River Holme where it meets the River Colne in Huddersfield.

    Over 800 dead fish were counted 3kms downstream in the River Colne, as well as dead aquatic invertebrates, such as insects that live in water.

    In mitigation the court heard the company was deeply remorseful and that it was an unfortunate accident. The court also heard the company had introduced new handling procedures for its containers and had obtained a drainage plan.

    The company was ordered to pay a fine of £2,666.67 after being given credit for an early guilty plea in addition to a victim’s surcharge and prosecution costs bringing the total amount to £8,973.67.

    Thorough investigation after reports of pollution

    Environment Agency Environment Officer Peter Kirton said:

    Companies have a responsibility to ensure their activities do not have serious environmental impacts.

    It’s important they understand their site drainage and the difference between surface and foul drains.

    We carried out a thorough investigation into this pollution incident and the company has since taken steps to ensure there is no recurrence in future.

    The court heard the liquid was stored in containers – those containing liquids are stored inside the warehouse and empty containers outside.

    In September 2021 the Environment Agency received a report of dead fish in the River Colne. Officers attended and their investigation traced the source to Liquipak.

    The company explained there had been a spillage of bleach inside the warehouse, which happened when a wooden pallet the containers were stacked on gave way, resulting in some of them toppling and spilling.

    The contents went down a manhole cover in the warehouse. It hadn’t been reported to the Environment Agency because the company thought the manhole led to the foul sewer.

    An Environment Agency officer used green dye to trace the discharge from the manhole, confirming it was a surface water drain that led to the river.

    While the court agreed the incident was negligent, it accepted there were mitigating circumstances including that the company co-operated fully with the investigation, carried out a clean-up and has since taken steps around storage and operation to prevent it happening again in the future. The court accepted the offence was not commercially motivated.

    Pollution incidents can be reported to the Environment Agency on its 24-hour incident hotline, 0800 807060.

    Background

    Full charge

    On 2 September 2021 Liquipak Ltd caused a water discharge activity, namely the discharge of Sodium Hypochlorite into inland freshwaters, namely the River Holme at its confluence with the River Colne, otherwise than in accordance with an environmental permit.

    Contrary to Regulations 12(1)(b) and 38(1)(a) Environmental Permitting (England & Wales) Regulations 2016.

    Updates to this page

    Published 24 January 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: Relief Still Available to Indiana Small Businesses and Nonprofits Hit by May Storms: Don’t Miss the Deadline to Apply for an SBA Disaster Loan!

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit (PNP) organizations in Indiana of the Feb. 24 deadline to apply for low interest federal disaster loans to offset economic losses caused by the severe storms and tornadoes that occurred May 7, 2024. 

    The disaster declaration covers the counties of Dearborn, Decatur, Fayette, Franklin, Ripley, Rush, and Union in Indiana, as well as Butler and Hamilton counties in Ohio. 

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs that suffered financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.  

    EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.  

    “When disasters strike, businesses and nonprofits face significant challenges,” said Randle Logan, acting associate administrator for the SBA’s Office of Disaster Recovery and Resilience. “These SBA loans provide the financial support they need to manage costs and continue moving forward.”  

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.25% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amount terms based on each applicant’s financial condition.  

    SBA’s disaster loan program has been replenished through the American Relief Act of 2025, signed into law by President Biden on December 21, 2024.  

    For more information and to apply online visit SBA.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 6592955 or email disastercustomerservice@sba.gov for information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.  

    The deadline to return economic injury applications is Feb. 24, 2025. 

    ### 

    About the U.S. Small Business Administration 

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit http://www.sba.gov. 

    MIL OSI USA News –

  • MIL-OSI USA: Disaster Recovery Center Opens in Newberry County

    Source: US Federal Emergency Management Agency 2

    strong>COLUMBIA, S.C. – A Disaster Recovery Center has opened in Newberry County to provide in-person assistance to South Carolinians affected by Hurricane Helene.  
    Newberry County
    Newberry Armory275 General Henderson RoadNewberry, SC 29108
    Open Jan. 24, Jan. 27-29, 9 a.m.- 5 p.m., closed Jan. 25-26.
    FEMA is encouraging South Carolinians affected by Hurricane Helene to apply for federal disaster assistance as soon as possible. The deadline to apply for FEMA assistance is Jan. 28.
    Click here to find centers that are already open in South Carolina. To find all other center locations, including those in other states, go to fema.gov/drc or text “DRC” and a Zip Code to 43362. 
    You can visit any open center to meet with representatives of FEMA, the state of South Carolina and the U.S. Small Business Administration. No appointment is needed. 
    Homeowners and renters in Abbeville, Aiken, Allendale, Anderson, Bamberg, Barnwell, Beaufort, Cherokee, Chester, Edgefield, Fairfield, Greenville, Greenwood, Hampton, Jasper, Kershaw, Laurens, Lexington, McCormick, Newberry, Oconee, Orangeburg, Pickens, Richland, Saluda, Spartanburg, Union and York counties and the Catawba Indian Nation can apply for federal assistance.
    The quickest way to apply is to go online to DisasterAssistance.gov. You can also apply using the FEMA App for mobile devices or by calling toll-free 800-621-3362. The telephone line is open every day and help is available in many languages. If you use a relay service, such as Video Relay Service (VRS), captioned telephone or other service, give FEMA your number for that service. For a video with American Sign Language, voiceover and open captions about how to apply for FEMA assistance, select this link.
    FEMA programs are accessible to survivors with disabilities and others with access and functional needs. 

    MIL OSI USA News –

  • MIL-OSI: Willis Lease Finance Corporation Announces Quarterly Dividend Reflecting Strong Performance

    Source: GlobeNewswire (MIL-OSI)

    COCONUT CREEK, Fla., Jan. 24, 2025 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) declared a quarterly dividend of $0.25 per share on outstanding shares of WLFC common stock. The dividend is expected to be paid on February 21, 2025 to stockholders of record at the close of business on February 12, 2025.

    “This is our third consecutive regular quarterly dividend since June of 2024,” said Austin C. Willis, Chief Executive Officer of WLFC. “We believe that our dividend policy speaks to the overall strength of our business model.”

    Willis Lease Finance Corporation

    WLFC leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair, and overhaul providers worldwide. These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services through Willis Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through Willis Aeronautical Services, Inc. Through Willis Engine Repair Center®, Jet Centre by Willis, and Willis Aviation Services Limited, the Company’s service offerings include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground and cargo handling services.

    Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. By their nature, forward-looking statements involve a number of inherent risks, uncertainties and assumptions and are subject to change in circumstances that are difficult to predict and many of which are outside of our control. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which the forward-looking statement is based, except as required by law. Our actual results may differ materially from the results discussed, either expressly or implicitly, in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as war, terrorist activity and natural disasters; changes in oil prices, rising inflation and other disruptions to world markets; trends in the airline industry and our ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to us and our customers; our ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in our portfolio; and risks detailed in the Company’s Annual Report on Form 10-K and other continuing and current reports filed with the Securities and Exchange Commission. It is advisable, however, to consult any further disclosures the Company makes on related subjects in such filings. These statements constitute the Company’s cautionary statements under the Private Securities Litigation Reform Act of 1995.

       
     CONTACT: Scott B. Flaherty
      Executive Vice President & Chief Financial Officer
      sflaherty@willislease.com
      561.413.0112
       

    The MIL Network –

  • MIL-OSI USA: Tuberville Urges Senate to Confirm Hegseth and Rollins, Secure American Farmland with the FARM Act

    US Senate News:

    Source: United States Senator Tommy Tuberville (Alabama)
    WASHINGTON – Yesterday, U.S. Senator Tommy Tuberville (R-AL) spoke on the Senate floor in support of Pete Hegseth, President Trump’s nominee to be Secretary of Defense, who will bring much-needed change to the Department of Defense.
    Additionally, Sen. Tuberville addressed legislation he reintroduced on Wednesday, the Foreign Adversary Risk Management (FARM) Act. The FARM Act will help secure America’s agricultural industry and food supply chains from foreign adversaries by creating a permanent seat for the Secretary of Agriculture on the Committee on Foreign Investment in the United States (CFIUS). Additionally, Sen. Tuberville encouraged the Senate to move quickly on confirming President Trump’s pick for Secretary of Agriculture, Brooke Rollins, who will fight for America’s farming communities and defend against foreign influence in the U.S. agricultural sector.
    Read Sen. Tuberville’s remarks below or watch on YouTube or Rumble.

    ON CONFIRMING PETE HEGSETH
    “Thank you, Mr. President,
    I want to reiterate what my colleague from Tennessee just talked about, the importance of the vote that we just took. Just a few minutes ago our nominee for new Secretary Defense, Pete Hegseth. 
    Now the procedure is, as we just voted, to close the vote and now, we wait 30 hours from just a few minutes ago and have the final vote on his nomination, which it looks like that he has the votes of a majority to be appointed, or sent to the White House, to be confirmed as the next Secretary of Defense.
    I’m on the Armed Services Committee, and I’ve watched four years of the destruction of the best military in our world, United States of America. It is a shame what has happened, the DEI, the woke agenda that’s being pushed on the troops in our country, to me, is embarrassing.
    I’m a military brat. My dad died on active duty in the military. Awarded five bronze stars and a Purple Heart at age 17 driving a tank across Europe after landing the first day at Normandy. We have to change course in our military, and we can talk about inflation and pumping gas and the crime and all the things that we’re having a lot of problems with, but if you don’t have a strong military to protect our borders and protect the citizens in our country from adversaries all over the world, we got problems. And it’s got to start there.
    Pete Hegseth is the choice, the right choice. I like his age, I like his demeanor, I like the things he brings to our military. He’s exciting and he will energize this military into the next decade. And I’m excited about that. 
    So, hopefully in about 30 hours we’ll vote tomorrow night around 9:00 and we’ll vote to confirm Pete Hegseth as our new Secretary of Defense.
    ON THE FARM ACT
    Now, I’d like to turn to national security threats in our Nation’s agriculture sector and food supply chains.
    I’m on the Ag Committee. Over the past few years, the United States has experienced a rapid increase in foreign investment in agricultural sector, particularly from China. We have to open our eyes. Bad things are happening around us. Growing foreign investment in agriculture and other essential industries like health care and energy is a direct threat to our country’s national security.
    You know for years now I’ve been sounding the alarm about foreign ownership of American farmland and other elements of our food chain. According to USDA data from December 2023,  foreign investors own approximately 45 million acres of U.S. agriculture land. Now let me say that again: 45 million acres of our forest and agriculture land in this country has been sold to foreign entities. Does that not scare us? What [did] we just see during COVID about our drug supply? We looked around, we looked for health care and help after COVID hit our hit our borders and what happened? We found out that it was all being made in China.
    So, 45 million acres, this represents over 1.5 million acres in one calendar year. Foreign ownership of U.S. agricultural land in increased modestly from 2012 to [20]17 an average increase of 0.6 million acres per year, that’s 2012 to 2017. But since 2017, the number has skyrocketed to an average of 2.6 million acres a year that we’re selling, our farmland, to our adversaries. And it’s just not China. It’s Russia it’s other entities that don’t wish us well at the end of the day. So additionally, between 2010 and [20]21, entities or individuals from China increased their ownership of U.S. agriculture land more than twenty-fold from about 14,000 acres to 400,000 Acres. This is an unbelievable and unsustainable pace for the United States of America.
    Now, Alabama is experiencing, my state, this firsthand. We have the fourth largest amount of foreign owned agricultural land in the United States at 2.2 million acres, most of which is forest land. It’s not really agriculture in terms of growing row crops, it’s basically our forest. You know, I represent over 62,000 farmers in the state of Alabama. I hear from them time and time again about foreign activity in our agriculture community. Threats like these are something our states can’t handle all on their own.
    Which is why President Ford established, President Ford, established a Committee on Foreign Investments in the United States, also known in short terms, CFIUS. This was in 1975. In other words, this committee is supposed to keep an eye on foreign investments in our country. This is the governmental body that oversees the vetting process of foreign investments and acquisitions of American companies in the interest of national security. CFIUS is composed of nine members of President’s cabinet including the Secretaries of State, Treasury, Defense, Homeland Security, Commerce, and Energy. The Attorney General, the US Trade Representative, and the Director of Office of Science and Technology Policy also sit on this vetting board of industry and land in our country.
    Nowhere on that list did you hear me say the Secretary of Agriculture. Now why is that? […] Considering the massive increase in foreign investment in our country, we need additional oversight for what’s going on in our country. We got our eyes closed. Which is why yesterday I introduced the Foreign Adversary Risk Management Act, called the FARM Act, here on the floor that will accomplish three major things.
    First, it would add the Secretary of Agriculture as a permanent member of CFIUS. In other words, that somebody that’s going to help our agriculture people vet land that’s being bought by foreign entities. Second, it would protect U.S. agriculture industry from foreign control through transactions, mergers, and acquisitions, and agreements, and it would also designate agriculture supply chains as critical infrastructure and critical technology. Third, it would require a report to Congress on current and potential foreign investments in the U.S. agriculture industry. This legislation, folks, is long overdue.
    These foreign investments now reach into every aspect of agriculture industry and supply chains from farming and processing, to packaging and shipping. We cannot, and I repeat, we cannot allow our adversaries to have a foot in the door to our critical supply chains. Food security is national security. We must prioritize increased oversight of foreign investment, and our food supply chains especially those coming from China, Russia, Iran, and North Korea. 
    This starts with giving the agriculture community a permanent seat at the table of CFIUS. The FARM Act does just that.
    ON CONFIRMING BROOKE ROLLINS
    And there’s no better person to fill this permanent seat on CFIUS than my good friend, who we had a hearing today, as a new nominee for Secretary of Agriculture, Brooke Rollins. I’ve known Brooke for 30 years. I met her while I was coaching at Texas A&M. She was the student body president in 1994. The students saw then what President Trump, what they see in her today, her strong leadership and her conviction of agriculture. It will be no different when she becomes the Secretary of Agriculture for the United States of America. 
    Brooke was brought up in a small agricultural community of Glen Rose, Texas. She comes from several generations of American farmers. She participated in levels of 4-H and FFA. She raised livestock throughout her life. Now she is [a] mother, she’s involved in the show steer industry with her four children. She received her Bachelor of Science degree in agricultural development from A&M and later earned a law degree at the University of Texas. 
    Later at the Texas Public Policy Foundation, she was engaged with rural and agriculture communities throughout Texas. She led litigation efforts that focused on the defense of Texas landowners and farmers against federal interference and regulations. Next, Brooke went on to serve in several roles in President Trump’s White House. She served as the Director of Domestic Policy Council, Assistant to the President for Strategic Initiatives, and Director of The Office of American Innovation. In these roles, she helped roll back terrible EPA rules like Waters of the U.S., or WOTUS, that targeted farmers and ranchers. 
    After the White House, she joined the American First Policy Institute, where she focused on protecting U.S. farmland and foreign entities seeking to gain control, especially from the Chinese. At AFPI, she strove to improve American food security, independence, as well as support measures that defend U.S. agriculture trade. Brooke understands these many challenges.
    In short, Brooke is a conservative warrior and will be an excellent Ag Secretary. I look forward to working with her to secure our farmland from foreign entities and working with her on passing a Farm Bill that puts American producers first again.
    As Alabama’s voiced on the Senate Ag Committee, I will continue fighting to secure our agriculture supply chain so our agriculture community can continue to put food on the table. And that starts with someone like Brooke Rollins as our Secretary of Agriculture. She is a terrific nominee, and I look forward to working with her on the Committee.
    I expect to move, her to move easily through the Committee vote, and here on this floor. So, once she’s out of Committee, the Senate must vote on her for confirmation. She’ll do great. She’s perfect for the job and I ask that the Senate take up both efforts quickly to defend our agriculture communities which feeds not only the American people but the entire world.
    I yield the floor.”
    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP, and Aging Committees.

    MIL OSI USA News –

  • MIL-OSI Video: The Global Economic Outlook | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    Nearly five years since the COVID-19 pandemic upended the global economy, growth is slow but stable, inflation has gradually declined in advanced economies and trade trends have turned positive. Despite this, there remain challenges such as high public debt burdens, ongoing geo-economic tensions and the potential impact of industrial policies on smaller countries.

    Given this landscape, what are the plausible scenarios for the global economy in 2025?

    Speakers: Faisal Alibrahim, Kristalina Georgieva, Laurence D. Fink, Sara Eisen, Christine Lagarde, Tharman Shanmugaratnam

    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=k7rBsMrx094

    MIL OSI Video –

  • MIL-OSI: Feather Your Trades: Bounce Back Stronger from Trading Losses

    Source: GlobeNewswire (MIL-OSI)

    NICOSIA, Cyprus, Jan. 24, 2025 (GLOBE NEWSWIRE) — PU Prime is launching Feather Your Trades, a promotion designed to help traders recover from losses and trade with confidence. From 15 January to 15 February 2025, clients can redeem up to $30 in Trade Loss Vouchers to offset losses on selected closed trades.

    How It Works:

    1. Claim Your Vouchers: Redeem $30 worth of Trade Loss Vouchers ($5 x 6) via the PU Prime App.
    2. Apply to Closed Trades: Use the vouchers to partially cover your trading losses.
    3. Bounce Back Smarter: Regain momentum and refine your strategies.

    Eligibility:

    Available to new and existing clients with Standard or Islamic Standard Accounts. Each client can redeem the vouchers once during the promotion.

    Why Join?

    • Easy to Use: Redeem and apply vouchers directly through the app.
    • Boost Confidence: Offset losses and trade with a clearer mindset.
    • Inclusive: Open to traders of all experience levels.

    Take advantage of Feather Your Trades and bounce back stronger. Visit the PU Prime App or website to learn more and redeem your vouchers!

    For media inquiries, please contact the PR team via media@puprime.com.

    About PU Prime

    Founded in 2015, PU Prime is a leading global fintech company providing innovative online trading solutions. Today, we offer regulated financial products across various asset classes, including forex, commodities, indices, and cryptocurrencies. Committed to providing advanced technology and educational resources, PU Prime supports traders and investors at every stage, from beginner to professional. With a presence in over 120 countries and exceeding 40 million app downloads, PU Prime is dedicated to enabling financial success and fostering a global community of empowered traders.

    Organization: PU Prime
    Contact Person Name: Qianyi Hong
    Website: https://www.puprime.com/
    Email: media@puprime.com
    Phone No.: 3571 1111 111
    Address 01: 62 Athalassas, Mezzanine, Strovolos, 2012, Nicosia, Cyprus

    Disclaimer: This content is provided by the PU Prime. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/67ec54b3-5b59-4e7b-a12f-8f323577be1f

    The MIL Network –

  • MIL-OSI Video: Cooperation in a Divided World | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    Global cooperation has declined in recent years, with the risk of international relations stalling at a “new, non-cooperative normal”. Yet, amid the competition and confrontation, there are positive trends, particularly on joint climate action and in areas of collaborative innovation.

    Join this session to explore the 2025 edition of the Global Cooperation Barometer, which identifies where global cooperation is working, where it isn’t and what leaders can do to build stronger cross-border collaboration.

    Speakers: Bob Sternfels, Samir Saran

    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=hZJxdSs01u4

    MIL OSI Video –

  • MIL-OSI: Tai and RoadSync Join Forces to Revolutionize Payment Processing in Logistics

    Source: GlobeNewswire (MIL-OSI)

    HUNTINGTON BEACH, Calif., Jan. 24, 2025 (GLOBE NEWSWIRE) — Tai Software has announced a strategic partnership with RoadSync, a leading technology company specializing in freight payment solutions. This alliance is designed to improve payment processing and simplify back-office operations for freight brokers and third-party logistics providers (3PLs), enhancing overall productivity.

    “Our collaboration with Tai delivers cutting-edge payment infrastructure for carriers, accelerating transactions and simplifying operations for brokers,” said Robin Gregg, CEO of RoadSync. “This integration underscores our dedication to advancing payments across the logistics industry, making processes faster, smarter, and more reliable.”

    RoadSync’s best-in-class technology enables digital payments in under 60 seconds, significantly reducing the turnaround time between carrier invoice and final settlement. When integrated with Tai’s TMS, brokers gain seamless synchronization of carrier profiles, automatic payment recording, and instant shipment data integration. These features help eliminate costly and time-consuming reconciliation challenges, minimize manual data entry, and offer visibility into potential issues upfront.

    “At Tai, we remain focused on empowering freight brokers and 3PLs with technology that simplifies operations and enhances efficiency,” said Daniel Ely, CPO at Tai Software. “Our partnership with RoadSync brings transformative payment capabilities directly into the Tai platform, allowing our customers to expedite workflows, improve transparency, and concentrate on driving their businesses forward. Together, we’re reshaping what’s possible in logistics payment processing.”

    Through this partnership, freight brokers will benefit from the combined capabilities of two software powerhouses dedicated to helping clients save time, reduce costs, and elevate the value of their technology solutions.

    To learn more about Tai Software, visit http://www.taisoftware.com. To learn more about RoadSync, please visit https://roadsync.com/. For more information about the Tai-RoadSync integration, please contact Vanessa Galvis, Marketing Director, at vanessa.galvis@tai-software.com.

    About Tai
    Tai Software is a fully integrated freight management platform that drives brokers’ efficiency and growth. Tai TMS automates operations for both Full Truckload (FTL) and Less-than-Truckload (LTL) shipments, integrating seamlessly with major carriers and technology partners. With over 500 tool integrations and over 20 years of industry innovation, freight brokers trust Tai TMS to simplify their processes and focus on strategic business growth.

    About RoadSync
    RoadSync is the digital financial platform for the logistics industry. By removing paper and phone calls from business transactions, RoadSync offers a fast, convenient, and secure way to move and manage money and conduct business, dramatically reducing payment processing time and maximizing revenue collection. RoadSync offers payment products for warehouses, carriers, brokers, repair/tow merchants, and drivers, integrating and automating the financial systems fueling the logistics industry. For more information, visit http://www.roadsync.com.

    The MIL Network –

  • MIL-OSI USA: Press Release: Final RFP Posted for Washington Bridge Replacement Project

    Source: US State of Rhode Island

    The Rhode Island Department of Transportation (RIDOT) today posted the final version of the request for proposal (RFP) for the Washington Bridge Replacement Project. It can be viewed as an addendum on the procurement webpage for the RFP.

    The initial RFP in December required the companies and RIDOT to provide comments and questions regarding the provisions of the RFP and to work together to clarify the terms and conditions required from the companies’ in their responses to the RFP. RIDOT met with each of those companies to discuss their feedback. The final version of the RFP issued today includes changes that were mostly incidences of clarified language and better articulation of the responsibilities of each entity in the final agreements.

    The issuance of this final version of the RFP today is accordance with the previously announced procurement schedule. It keeps RIDOT and the competing design-build teams on schedule to complete the review of technical proposals and for the state to make an award by June 6. At that date, the final project cost, schedule, and scope will be defined.

    MIL OSI USA News –

  • MIL-OSI: Fidelity D & D Bancorp, Inc. First Quarter 2025 Dividend

    Source: GlobeNewswire (MIL-OSI)

    DUNMORE, Pa., Jan. 24, 2025 (GLOBE NEWSWIRE) — The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s 2025 first quarter dividend of $0.40 per share, a 5% increase above the prior year’s first quarter dividend paid of $0.38 per share. The dividend is payable March 10, 2025 to shareholders of record at the close of business on February 14, 2025.

    Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne, Northampton and Lehigh Counties through The Fidelity Deposit and Discount Bank’s 21 full-service community banking offices, along with the Fidelity Bank Wealth Management Minersville Office in Schuylkill County. Fidelity Bank provides a digital and virtual experience via digital services and digital account opening through Online Banking and the Fidelity Mobile Banking app.

    For more information visit our investor relations web site through http://www.bankatfidelity.com.

    This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include the possibility that increased demand or prices for the company’s financial services and products may not occur, changing economic, interest rate and competitive conditions, technological developments and other risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission.
     
    Contacts:              
    Daniel J. Santaniello
    President and Chief Executive Officer
    570-504-8035    		   Salvatore R. DeFrancesco, Jr.
    Treasurer and Chief Financial Officer
    570-504-8000
         

    The MIL Network –

  • MIL-OSI United Kingdom: Supporting growth through regulatory reform: response from Environment Agency CEO to the Prime Minister

    Source: United Kingdom – Government Statements

    A response from Philip Duffy, Chief Executive of the Environment Agency to the Prime Minister on a new approach to regulators and regulations to support economic growth.

    Applies to England

    Documents

    Supporting growth through regulatory reform: response from Environmental Agency CEO to the Prime Minster

    PDF, 201 KB, 5 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 defra.helpline@defra.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

    Details

    A letter to the Prime Minister, the Chancellor and the Secretary of State for Business and Trade from Philip Duffy, the Chief Executive of the Environment Agency.

    It outlines how the Environment Agency will support a new approach to regulators and regulations to support economic growth.

    This is a response to a letter from the Prime Minister, the Chancellor and the Secretary of State for Business and Trade, dated 24 December 2024.

    Updates to this page

    Published 24 January 2025

    Sign up for emails or print this page

    MIL OSI United Kingdom –

  • MIL-OSI Global: Trump inherits the Guantánamo prison, complete with 4 ‘forever prisoners’

    Source: The Conversation – USA – By Lisa Hajjar, Professor of Sociology, University of California, Santa Barbara

    A control tower overlooks the Camp VI detention facility, at Guantánamo Bay Naval Base, Cuba. AP Photo/Alex Brandon

    President Joe Biden’s record of handling the U.S. military prison at Guantánamo Bay, Cuba, is decidedly mixed. He succeeded in reducing the detainee population he inherited by more than half, but he compounded problems in the military commissions that the Bush administration had invented in the wake of the 9/11 attacks to try people captured in the “war on terror.” Now all the problems at Guantánamo are again President Donald Trump’s.

    When Biden took office in 2021, there were 40 prisoners. Today there are 15, the lowest number since the first 20 Muslim men and boys captured in Afghanistan were airlifted to the base on Jan. 11, 2002.

    Biden left Trump four people the U.S. will not release but also cannot put on trial – the so-called “forever prisoners.” He also left intact the troubled military commissions system, with three pending criminal cases against a total of six detainees.

    In December 2021, former chief military defense attorney Brig. Gen. John Baker testified before the Senate Judiciary Committee: “It is too late in the process for the current military commissions to do justice for anyone. The best that can be hoped for at this point … is to bring this sordid chapter of American history to an end.” Baker made clear that the only viable option is to resolve the cases with plea bargains for the defendants.

    Marine Brig. Gen. John Baker tells U.S. senators that there is no opportunity for justice to be done at Guantánamo.

    A chance to make progress

    There are three cases that have not yet gone to trial – the 9/11 case with four defendants facing charges for their connections with the attacks, the USS Cole bombing in October 2000 with one defendant and the Bali bombing in October 2002 with one defendant.

    The 9/11 and USS Cole cases have been stuck in the pretrial phase since Biden was Barack Obama’s vice president. In the summer of 2024, a breakthrough in the 9/11 case appeared imminent: Prosecutors and defense lawyers for three of the four defendants reportedly reached plea-bargain agreements. Khalid Sheikh Mohammad – the alleged “mastermind” of the attacks – Walid bin Attash and Mustafa Hawsawi agreed to plead guilty and accept life sentences in exchange for the government taking the death penalty off the table. There was no deal for the fourth 9/11 defendant, Ammar al-Baluchi.

    The deals were approved on July 31 by the top military officer overseeing the Guantánamo commissions, retired Brig. Gen. Susan Escallier. But two days later, Biden’s defense secretary, Lloyd Austin, stepped into the process and overrode Escallier – whom he had appointed. Austin announced that the plea deals were revoked.

    The judge, Air Force Col. Matthew McCall, decided to schedule plea hearings for early January. But after some legal back-and-forth that forced a stay, he had to cancel them. Biden left the case against three 9/11 defendants in limbo.

    The basement of this government building in Bucharest, Romania, held a secret CIA prison, one of many across the world.
    AP Photo

    Witness to the transition

    In mid-January 2025, I made my sixteenth reporting trip to Guantánamo. I came for closing arguments on a motion in the 9/11 case that seeks to suppress statements that Ammar al-Baluchi made to the FBI in January 2007. That was four months after he and 13 others were transferred to Guantánamo from CIA black sites where they were held for years. The litigation to suppress those statements started in 2019.

    In Chapter 10 of my book, “The War in Court: Inside the Long Fight against Torture,” I detail how the litigation on this suppression motion made public previously unknown details and under-acknowledged horrors of the CIA’s rendition, detention and interrogation program.

    These closing arguments were the culmination of six years of litigation on the key question in the 9/11 case: Does torture matter in the pursuit of justice in the military commissions?

    A drawing by Guantánamo detainee Abu Zubaydah depicts a person being waterboarded.
    Copyright Abu Zubaydah 2019. Licensed by Professor Mark Denbeaux, Seton Hall Law School

    Can Guantánamo be closed?

    Of the 780 people ever detained at Guantánamo, 540 were released during the presidency of George W. Bush, who established the detention facility. Obama, who signed an executive order on his second day in office pledging to close Guantánamo within a year, released 200.

    In his first term, Trump pledged to keep the facility open. The only man to leave Guantánamo during Trump’s first term was Ahmed al-Darbi, who was repatriated to Saudi Arabia in 2018 to serve out the remainder of his sentence from a 2014 plea bargain agreement.

    When Biden took office, he said that he supported shutting down the military prison at Guantánamo. In the early years of his presidency, there was a slow stream of transfers, mostly people who had been cleared for release long ago and were freed.

    In Biden’s last months, the pace of transfers quickened. In December 2024, a Kenyan detainee, two Malaysian members of al-Qaida who had pled guilty the previous January, and a Tunisian man who had been in Guantánamo since the day the facility was opened were all repatriated to their countries of origin and freed. In January 2024, 11 Yemenis were transported from the prison to Oman to be resettled.

    15 men left behind

    The Biden administration had also planned to repatriate a severely disabled Iraqi detainee, Abd al-Hadi al-Iraqi, to serve out his plea-bargained sentence in a Baghdad prison. But a federal judge blocked that transfer, ruling that al-Iraqi would not get necessary medical treatment in Iraq and might be subject to abuse there.

    Al-Iraqi is one of the 15 that Biden left behind. Three of them – a Libyan, a Somali and a stateless Rohingya – have long been cleared for release. Their continuing detention without charges highlights a key element of the Guantánamo problem: No one can be released unless the U.S. government finds another country willing to accept them.

    One of the remaining detainees, Ali Bahlul, is serving a life sentence for conspiracy to commit war crimes. Six others, including the four 9/11 defendants, are awaiting their trials.

    There are also four detainees whom the government refuses to transfer but cannot put on trial for lack of evidence.

    The U.S. goverment says it cannot release Abu Zubaydah from Guantánamo because he would disclose classified interrogation techniques critics have labeled torture.
    U.S. Central Command via AP

    These so-called “forever prisoners” include Abu Zubaydah, a Saudi-born man of Palestinian descent who was taken into CIA custody in 2002 and was used as the guinea pig for the CIA torture program. The government long ago conceded that Abu Zubaydah was not a top leader of al-Qaida – in fact he was not even a member. But he will not be released because he knows how he was treated by the CIA, and that treatment remains highly classified.

    The newest forever prisoner is one of the original 9/11 defendants, Ramzi bin al-Shibh; in September 2023, he was declared mentally incompetent to stand trial. Now he is uncharged, unreleased and untreated for his psychological maladies that were caused by the torture he endured in CIA black sites.

    The ‘War on Terror’ is not over

    When Biden pulled U.S. troops out of Afghanistan in August 2021, he claimed to have ended America’s longest war – and repeated this claim in a January 2025 speech. But the Guantánamo prison remains open, and as long as it is, the “war on terror,” which first put U.S. troops in Afghanistan in 2001, is not over.

    How Trump will deal with Guantánamo is an open question. If he focuses on the death penalty, he will press ahead with military commission trials like his predecessors, hoping for unanimous guilty verdicts and death sentences. If he prioritizes cutting wasteful government spending, he will release additional detainees and allow the three plea bargain agreements to go into effect.

    No one I spoke to during my last trip was willing to predict what a second Trump term might bode for Guantánamo – except that it won’t be closed.

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

    – ref. Trump inherits the Guantánamo prison, complete with 4 ‘forever prisoners’ – https://theconversation.com/trump-inherits-the-guantanamo-prison-complete-with-4-forever-prisoners-247058

    MIL OSI – Global Reports –

  • MIL-OSI Video: On Firmer Ground with Land Restoration | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    With 40% of land degraded globally, the consequences are starting to be felt in industry: a fall in agricultural productivity, polluted waterways and increased frequency of droughts.

    What measures can be taken now to reverse this trend and create resilient economies for the future?

    Speakers: Dorjkhand Togmid, Molly Montgomery, Ibrahim Thiaw, Ismahane Elouafi, John Steenhuisen, Sir Andrew Steer, Abdulatif Rashid

    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=1l3q1hIDZZc

    MIL OSI Video –

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

    Source: US State of North Dakota

    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 OSI USA News –

  • MIL-OSI United Nations: UN rights office raises alarm over escalating violence in occupied West Bank

    Source: United Nations 4

    Peace and Security

    The UN human rights office, OHCHR, on Friday expressed grave concerns over escalating violence in the Jenin area of the occupied West Bank, condemning the use of “unlawful lethal force” by Israeli security forces.

    OHCHR spokesperson Thameen Al-Kheetan added that the Israeli military operation in and around the Jenin refugee camp had involved “disproportionate” use of force, including airstrikes and shootings that reportedly targeted unarmed residents.

    “The deadly Israeli operations in recent days raise serious concerns about unnecessary or disproportionate use of force, including methods and means developed for war fighting, in violation of international human rights law, norms and standards applicable to law enforcement operations.”

    OHCHR verified that at least 12 Palestinians – most reportedly unarmed – have been killed since Tuesday and a further 40 injured. Those injured include a doctor and two nurses, according to the Palestinian Red Crescent.

    Obligation to protect civilians

    Mr. Al-Kheetan reiterated that Israel, as the occupying power, has a responsibility under international law to protect civilians living under occupation.

    He stressed the need for investigations into alleged unlawful killings, warning that a lack of accountability risks perpetuating violence.

    “All killings in a law enforcement context must be thoroughly and independently investigated and those responsible for unlawful killings must be held to account,” he said.

    “By persistently failing, over the years, to hold accountable members of its security forces responsible for unlawful killings, Israel is not only violating its obligations under international law, but risks encouraging the recurrence of such killings,” he warned.

    Impact on communities

    The ongoing violence has displaced over 3,000 families in Jenin, and essential services such as water and electricity have been severely disrupted for weeks.

    The Israeli military has closed off major entrances to Palestinian cities, including Hebron, restricting movement, and paralyzing daily life. Thirteen new iron gates have reportedly been installed at other towns’ entrances across the West Bank.

    Briefing the Security Council on Thursday, UN Emergency Relief Coordinator Tom Fletcher also warned of record-high levels of casualties, displacement and access restrictions, since October 2023.

    Settler violence and settlement expansion

    Beyond military operations, there has been an uptick in settler attacks on Palestinian villages and the stoning of vehicles, in which several Palestinians have been injured.

    Houses and vehicles have been set on fire, according to the OHCHR spokesperson.

    He also voiced concern over some Israeli officials’ repeated comments about plans for further settlement expansion – in breach of international law.

    “We call for an immediate end to the violence in the West Bank. We also call on all parties, including third States with influence, to do everything in their power to ensure peace is achieved in the region,” Mr. Al-Kheetan stated.

    He reiterated High Commissioner Volker Türk’s call for Israel to halt settlement expansion and evacuate all settlements as required by international law.

    “We call on all parties, including third States with influence, to do everything in their power to ensure peace is achieved in the region,” Mr. Al-Kheetan urged.

    MIL OSI United Nations News –

  • MIL-OSI United Kingdom: Chancellor appoints David Soanes and Niamh Moloney as members of the Prudential Regulation Committee

    Source: United Kingdom – Executive Government & Departments

    David Soanes and Niamh Moloney have been appointed as the new external members of Prudential Regulation Committee.

    Chancellor of the Exchequer Rachel Reeves has today confirmed that David Soanes and Niamh Moloney will join the Prudential Regulation Committee (PRC). They will both serve three-year terms on the Committee, which takes the most important decisions of the Prudential Regulation Authority (PRA), one of the UK’s financial regulators.

    They replace Jill May and Julia Black who completed their second terms in July 2024 and November 2024 respectively.

    David Soanes has been a career investment banker specialising in Financial Services, who has also sat on the board of UK Finance and the Leadership Council of The CityUK, and he is a former UK Country Head at UBS.

    Niamh Moloney is Professor of Financial Markets Law in the Law School at the London School of Economics and Political Science and is an Independent Non-Executive Director of the board of the Central Bank of Ireland. She specialises in financial regulation, institutional structures and supervision.

    Rachel Reeves, Chancellor of the Exchequer said:

    I am pleased to announce the appointments of David Soanes and Niamh Maloney to the Prudential Regulation Committee of the Bank of England.

    Both appointments will bring extensive experience of financial services to the role, and will support the regulators renewed focus on growth.

    Andrew Bailey, Governor of the Bank of England said:

    I am very pleased to welcome David Soanes and Niamh Moloney to the Prudential Regulation Committee. Between them they bring a great deal of experience and expertise to the role, and the committee’s work will benefit greatly from their insight.

    Updates to this page

    Published 24 January 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: Press Release: FDIC Approves Merger Application for WesBanco Bank, Inc., Wheeling, West Virginia

    Source: US Federal Deposit Insurance Corporation FDIC

    CategoriesBusiness, Commerce, MIL-OSI, United States Federal Government, United States Government, United States of America, US Commerce, US Federal Deposit Insurance Corporation FDIC, US Federal Government, US Insurance Sector, USA

    WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) approved a Bank Merger Act (BMA) application submitted by WesBanco Bank, Inc., Wheeling, West Virginia, to acquire and merge with Premier Bank, Youngstown, Ohio. The resulting bank will operate in West Virginia, Indiana, Kentucky, Maryland, Michigan, Pennsylvania, and Ohio, and will operate under the name, WesBanco Bank, Inc.

    When reviewing applications pursuant to the requirements of the BMA, the FDIC considers certain statutory factors, including the competitive effects of the transaction, the financial and managerial resources and future prospects of the existing and proposed institutions, the convenience and needs of the communities to be served, the risk to the stability of the U.S. banking or financial system, and the anti-money laundering records of the institutions involved. The FDIC found favorably on those factors as well as additional requirements applicable to the transaction as an interstate merger under section 44 of the Federal Deposit Insurance (FDI) Act.

    The transaction shall not be consummated until all necessary approvals, exemptions, and/or non-objections have been obtained from all relevant federal and state regulatory authorities.

    As noted by FDIC Acting Chairman Travis Hill earlier this week, improving the bank merger approval process is a high priority for the agency going forward.

    ###

    MEDIA CONTACT: 
    mediarequests@fdic.gov

    MIL OSI USA News –

  • MIL-OSI Security: Former Government Contractor Convicted of Defrauding FEMA and Georgia-Based Litigation Funding Company

    Source: Office of United States Attorneys

    ATLANTA – Following an eight-day trial, Tiffany Brown was found guilty by a jury of defrauding the Federal Emergency Management Agency (“FEMA”) in connection with a nearly $156 million contract she was awarded to provide self-heating meals to the residents of Puerto Rico in the aftermath of Hurricane Maria, and for fraudulently obtaining $700,000 in litigation advances from the Litigation Funding Group of Georgia (“LFG”) by falsely claiming that she had settled with a logistics company who failed to deliver the meals to FEMA. 

    “Brown resorted to extraordinary lengths to defraud FEMA during a critical period when individuals were in desperate need of food resources during the devastating aftermath of Hurricane Maria,” said Acting U.S. Attorney Richard S. Moultrie, Jr. “Our Office, along with our law enforcement partners, will remain vigilant in pursuing and prosecuting individuals who exploit the devastation caused by natural disasters as an opportunity to commit fraud.”

    “We will continue to investigate and support the prosecution of fraudsters who target vulnerable populations for their own gains,” said DHS Inspector General Joseph V. Cuffari, Ph.D.

    “Brown greedily deceived the federal government during a natural disaster to enrich herself,” said Sean Burke, Acting Special Agent in Charge of FBI Atlanta. “The FBI and our partners will aggressively pursue any person who seeks to defraud the government, especially during times of tragedy.”

    According to Acting U.S. Attorney Moultrie, the charges and other information presented in court: On September 20, 2017, Hurricane Maria made landfall as a Category 4 hurricane in Puerto Rico. In its wake, FEMA issued a solicitation for 40 million self-heating meals per week to deliver to the island. Meals requiring a microwave or an external heating source, such as for boiling water, were unacceptable. FEMA issued the meal solicitation because it had exhausted its existing supply of self-heating meals from its own warehouses, primary vendors, and federal agency partners in responding to Hurricanes Harvey and Irma— both Category 4 hurricanes that impacted broad swaths of Texas, Louisiana, and the U.S. Virgin Islands.

    On September 28, 2017, Brown submitted a proposal to FEMA falsely representing that her Georgia-based company, Tribute Contracting LLC, could provide the necessary self-heating meals. In doing so, Brown misrepresented that Tribute: (a) could deliver 10 million meals per day utilizing 210 trucks; (b) would provide 300,000 meals prepositioned; and (c) had partnered with C.H. Robinson, a major shipping and logistics broker, to meet FEMA’s delivery requirements.

    But Tribute was incapable of delivering 10 million meals, never prepositioned any meals, and did not have the claimed partnership. A FEMA contacting officer spoke with Brown after receiving Tribute’s proposal. The contracting officer knew that U.S.-based manufacturers could not produce the number of meals that Brown claimed in her proposal. In response, Brown falsely represented that she was procuring the self-heating meals from Action Meals, a Canadian manufacturer. Brown sent FEMA a doctored image of an Action Meals package with a fraudulent expiration date.

    Based on her conversation with the contracting officer, Brown submitted a revised proposal falsely representing that she had firm confirmation from her “core suppliers for 30 million self-heating meals in 30 days” and that she could begin delivering one million meals a day beginning on October 7, 2017.

    On October 3, 2017, FEMA awarded Tribute and Brown a $155,982,000 contract requiring the delivery of 30 million self-heating meals between October 7 and October 23, 2017. FEMA had to confirm that Tribute’s proposed meal was “technically acceptable” before approving the delivery. FEMA approved Brown’s proposal in part because it understood that Brown would deliver self-heating meals manufactured by Action Meals. Unbeknownst to FEMA, Brown had not secured a supplier when she was awarded the FEMA contract. After being awarded the contract, Brown repeatedly mispresented to FEMA the status of her suppliers and timing of deliveries.

    On October 19, 2017, FEMA terminated its contract with Brown and Tribute. Before doing so, however, FEMA paid Brown $255,000 based on her submission of fraudulent invoices and bills of ladings claiming that she had successfully delivered 50,000 self-heating meals. Brown in fact had delivered 50,000 non-compliant, dehydrated meals. After FEMA terminated the contract, Brown continued making false representations to FEMA. For example, Brown submitted fraudulent invoices in December 2017 and June 2019 claiming to have purchased tens of thousands of dollars of heaters.

    In March 2019, Brown falsely represented to LFG that she had a tentative $5 million settlement with a logistics company, Total Quality Logistics (“TQL”). Brown claimed that TQL was willing to settle with her because it failed to timely deliver meals to FEMA, which she claimed was the reason FEMA terminated her contract. In truth, TQL obtained a default judgment against Brown for unpaid deliveries.

    To secure the fraudulent litigation financing, Brown provided LFG with a mix of actual and fabricated documents. For instance, she provided the real FEMA contract, but a fraudulent tentative settlement agreement, and fabricated emails between TQL’s general counsel and “Jerry Rosenstein,” Tribute’s purported in-house counsel. Brown further perpetrated the fraud by using her attorney to create the illusion that she was a successful government contractor who was negotiating directly with TQL. Brown later falsely claimed she settled with TQL for $6.5 million, which she evidenced by an agreement that TQL’s CEO supposedly signed. The scheme unraveled when TQL did not pay the $6.5 million, and Brown’s attorney received an email from a “James Wilson,” who was supposedly an in-house attorney at TQL. “James Wilson” wrote that he was willing to release the settlement funds in exchange for $500,000. Investigators later determined that Brown was responsible for creating the fake “Jerry Rosenstein” and “James Wilson” personas.   

    Tiffany Brown, 45, of Atlanta, Georgia is scheduled to be sentenced on April 22, 2025, at 10:00 a.m. by U.S. District Judge Thomas W. Thrash, Jr.  Brown was found guilty by a federal jury on January 17, 2025, of 11 counts of major disaster fraud, 17 counts of wire fraud, one count of theft of government money, and three counts of money laundering.

    This case is being investigated by the U.S. Department of Homeland Security, Office of Inspector General, and the Federal Bureau of Investigation, with valuable assistance from the Federal Emergency Management Agency’s Office of Chief Counsel.

    Assistant U.S. Attorneys Alex R. Sistla and Jessica C. Morris are prosecuting the case.

    For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6016.  The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

    MIL Security OSI –

  • MIL-OSI: Liquid NFT Marketplace Launches to Transform the NFT Industry with Added Liquidity

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Jan. 24, 2025 (GLOBE NEWSWIRE) — CMC Group of Companies Ltd introduces Liquid NFTs, a platform aimed at addressing the challenge of limited liquidity in the NFT market. This innovative marketplace is poised to empower creators, investors, and collectors by making NFT trading more accessible, seamless, and efficient, utilizing a system of injecting liquidity directly into the NFTs that people buy.

    The NFT (Non-Fungible Token) industry has grown exponentially over the past few years, yet liquidity remains a critical challenge. Unlike traditional assets, NFTs often lack mechanisms to quickly buy, sell, or trade without significant value loss. The Liquid NFT Marketplace works to solve this problem by introducing cutting-edge solutions that ensure users can unlock the full potential of their digital assets.

    Key Features of Liquid NFTs:

    • Enhanced Liquidity: The platform incorporates advanced financial tools and mechanisms, such as fractional ownership and instant liquidity pools, enabling users to trade NFTs like traditional financial instruments.
    • User-Friendly Experience: Intuitive design and tools make it easy for creators and investors to list, trade, and manage their NFT portfolios.
    • Global Accessibility: As a fully decentralized platform, Liquid NFT Marketplace provides access to NFT trading for users worldwide, fostering an inclusive digital economy.
    • Security and Trust: Backed by The CMC Group of Companies Ltd, the marketplace ensures robust security protocols, offering a safe environment for all transactions.

    “Liquid NFT Marketplace represents a significant step forward for the NFT industry,” said a spokesperson from the CMC Group. “By addressing the liquidity issue, we’re unlocking new opportunities for growth and innovation, ensuring NFTs become a mainstream asset class accessible to all.”

    The Liquid platform seems to be in very capable hands, with an impressive list of names behind it, such as Nathan Hill, Colin Woolley, Tokin Trip, and David Aerdrop, who have all had their names behind some incredibly successful web3 brands over the years.

    The CMC Group of Companies, known for its marketing and media experience currently owns many web3-focused brands, such as The Crypto Magazine, Crypto Weekly, and the Crypto Marketing Company, which are all supported by its native cryptocurrency “CMC Coin/$CMCC”. They have been pioneering ventures in technology and finance and have solidified their reputation as a leader in the digital economy. With the launch of the Liquid NFT platform, the company further cements its commitment to driving innovation and providing meaningful solutions to the challenges facing emerging markets.

    NFT creators and collectors are invited to explore the platform and discover its innovative features. To mark the launch, the marketplace will provide exclusive incentives for early adopters.

    Users can visit liquidnfts.finance to explore the platform and engage in the next phase of NFT trading.

    About CMC Group of Companies Ltd

    CMC Group of Companies Ltd is a global leader in innovation and business excellence, specializing in cutting-edge solutions across various industries. With a commitment to driving progress and enhancing market dynamics, CMC continues to lead the charge in digital transformation.

    Users can follow the Liquid NFT journey:

    Telegram – https://t.me/liquidnftsales

    Twitter/X – https://x.com/LiquidNftMarket

    Contact

    CEO

    Nathan hill

    The cmc group of companies

    nathan@thecmccompany.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5f80c994-7bed-4c12-96cb-657ef9a04263

    The MIL Network –

  • MIL-OSI: Toobit Launches Toobit Earn, Offers Over 250,000 USDT in Staking Rewards

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Islands, Jan. 24, 2025 (GLOBE NEWSWIRE) — Global digital asset trading platform Toobit launches today the first phase of Toobit Earn, a new staking platform for its traders to grow their digital assets.

    Developed to address the crypto market’s growing demand for passive income, the introductory stage will see the exchange issuing 7-day USDT 100% Annual Percentage Rate (APR) products. With a total staking pool over 250,000 USDT and an entry point of just 1 USDT, traders can lock in up to 500 USDT and receive rewards on their stake after 7 days.

    “We want traders of all experience levels to participate in the crypto ecosystem,” said Mike Williams, Chief Communication Officer of Toobit. “Digital assets have long offered an alternative route to financial success, and Toobit Earn is really just the next step in our journey to empower them with smarter, more accessible opportunities.”

    The leading exchange does not intend to stop with simple APR products; it plans to offer more complex instruments in its coming phases. Members will soon be able to choose from 2 distinct staking products: Flexible Earning, which offers liquidity and dynamic interest rates, and Fixed Earning, which allows users to lock in their assets for higher returns.

    With options ranging across the gamut of popular cryptocurrencies, Toobit Earn is intended as a safe and stable avenue for traders of different risk appetites and experience to earn competitive interest rates on their otherwise idle crypto holdings.

    This is not the exchange’s first easy-to-use financial product. More recently, the exchange made headlines with the launch of its Telegram mini-app.

    For more information about Toobit Earn and how to get started, visit Toobit’s Earn portal at https://www.toobit.com/en-US/earn

    About Toobit
    Toobit is a global crypto exchange dedicated to providing fair and transparent trading experiences. With ample liquidity and market depth, Toobit ensures efficient and secure transactions for traders worldwide and is committed to providing a secure and user-friendly environment for trading a diverse range of digital assets.

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

    Contact: Davin C.
    Email: market@toobit.com
    Website: http://www.toobit.com

    Disclaimer: This content is provided by “Toobit”. 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e50154b8-223e-420a-89c7-b3daeed6aa47

    The MIL Network –

  • MIL-OSI United Kingdom: Chancellor unveils plan to turbocharge investment across the UK

    Source: United Kingdom – Executive Government & Departments 3

    A package of investment reforms to spur regional growth across the country is being announced to attract investment in all corners of the UK.

    Ahead of her speech next week on economic growth, the Chancellor has announced a new approach across the National Wealth Fund (NWF) and the Office for Investment (OfI), which will work with local leaders across the UK to support places to build pipelines of incoming investment and projects linked to regional growth priorities.

    This new approach will put local knowledge and leadership at the forefront, with tailored strategies for each region, ensuring investment matches local needs and drives sustainable growth. Putting the government’s Plan for Change into action, the goal is to harness growth everywhere to rebuild Britain and usher in a decade of national renewal.

    The National Wealth Fund will also trial Strategic Partnerships starting in Greater Manchester, West Yorkshire, West Midlands, and Glasgow City Region. These partnerships will provide enhanced, hands-on support with tailored commercial and financial advice to help regions develop and secure long-term investment opportunities.

    This initiative will play a key role in unlocking investment across sectors such as technology, manufacturing, and green energy, helping to fuel the next wave of economic growth.

    This builds on the positive impact the NWF has already had in supporting regional growth. In the last six months, the NWF has created 8,600 jobs and unlocked nearly £1.6 billion in private investment across various sectors, including green technologies, digital infrastructure, and manufacturing.

    The news comes the same day as Regional Mayors are set to meet with the Deputy Prime Minister and other ministers from MHCLG, HMT, and DWP in Rotherham to discuss key regional priorities and how government can further support them to achieve their growth ambitions. This meeting will inform the government’s ongoing efforts to align national and local growth strategies and unlock investment opportunities in each region.

    On top of this, OfI is working closely with local leaders and industry to turn regional growth plans into commercially attractive investment opportunities. Starting with Liverpool City Region and North East Combined Authorities, the OfI will pilot an approach that connects regions to central government and industry expertise to support them in unlocking private investment.

    These initiatives will test how government can work in partnership with regions to see where investment can play a meaningful role in driving growth, which is the best way to improve living standards and put more money in working people’s pockets.

    Launching this initiative in Scotland comes in recognition of the nation’s potential to drive forward ambitious projects in support of this government’s growth and clean energy missions. The government is committed to working in close partnership with the devolved governments through the National Wealth Fund to maximise investment opportunities in Scotland’s cities to deliver growth.

    Our cities have huge potential to drive improved living standards and spread opportunities across their wider regions. Bringing the productivity of major cities like Manchester, Birmingham, Leeds, and Glasgow to the national average would deliver an extra £33 billion in additional Gross Value Added (GVA) annually, contributing significantly to the government’s Plan for Change economic growth objectives.

    The action today comes as the Chancellor returns from Davos, where she has been making the case for investment in the whole of the U.K. Since entering office, the government has been focused on restoring economic stability, which is the foundation of growth, to give businesses the confidence to invest and expand in the UK.

    Securing investment is also central to the government’s mission to deliver economic growth which will create jobs, improve living standards, and make communities and families across the country better off as part of our Plan for Change.

    Chancellor of the Exchequer, Rachel Reeves MP said:

    At Davos I’ve been telling some of the world’s biggest investors that the U.K. is a safe bet for their investments, whether that’s in London or Leeds.

    And in our mission for growth, it’s critical that we are growing every region’s local economy, that’s why we are doing things differently. Those with local knowledge and skin in the game are best placed to know what their area needs, and our transformative reforms will put local leaders at the centre of a network that will connect them with investment opportunities, bringing wealth and jobs to their communities.

    Deputy Prime Minister, Angela Rayner said:

    Growth is at the top of this government’s agenda, and we want to see that growth in every region across the country. That means giving local leaders the powers they need to get their local economies moving, which is exactly what we are doing with our Devolution Priority Programme.

    Today I am meeting with England’s regional Mayors to talk about how to realise their communities’ huge potential for growth – because they know their areas best.

    Business and Trade Secretary, Jonathan Reynolds said:

    The UK is one of the most connected places in the world to do business, and investors should be in no doubt that Britain is back on the global stage, helping attract investment into the most productive parts of the UK economy.

    Our forthcoming Industrial Strategy will supercharge eight key growth sectors in the UK economy, unleashing the full potential of our cities and regions and giving businesses the certainty they need as we lead the charge for the innovation and jobs of the future.

    Scottish Secretary, Ian Murray said:

    It’s fantastic to see that Glasgow has been chosen as one of four areas where the UK Government will develop investment pipelines. The move will see us engage with local leaders and tap into their expertise to find out exactly where we can best put to use support from avenues like the National Wealth Fund and Office for Investment.

    Encouraging regional growth is key to our Plan for Change, to speed up investment in business and industry, creating jobs and opportunity right across the UK.

    The potential for growth in Scotland is phenomenal and we’ll explore every opportunity to maximise that growth, to put more money in people’s pockets and see living standards improved everywhere.

    Further action to drive regional growth will also include a review of the Green Book, the government guidance on value for money, and how it is being used across the public sector to provide objective, transparent advice on public investment across the country. This review will report back at the conclusion of the Spending Review this summer.

    There will also be a new senior taskforce, chaired jointly by HMT and MHCLG permanent secretaries, who will work with the Greater Manchester Combined Authority to explore further devolution opportunities in skills, transport, and business support.

    The government will expand this engagement to other Mayoral Authorities through senior official working groups, to explore how national government can work with local leaders to ensure they have the appropriate levers available to deliver their Local Growth Plans and unlock economic growth across England.

    Mayors are already delivering transformative outcomes, such as Greater Manchester’s Adult Skills Fund, which has supported 17,000 residents in accessing new learning opportunities, and the Bee Network, which is integrating public transport across the region.

    This follows the English Devolution White Paper, published at the end of last year, which set out an enhanced devolution framework to ensure strategic authorities have the powers and tools they need to meet local growth ambitions.

    Tracy Brabin, Mayor of West Yorkshire said:

    This government knows that the best way to achieve its growth mission is by working with mayors and backing our Local Growth Plans to boost the economy in all parts of the country.

    With the National Wealth Fund based here in the heart of the North, driving forward transformational investments in partnership with local leaders, we will deliver the well-paid jobs and the vibrant, well-connected places our communities need and deserve.

    Mayor of Greater Manchester, Andy Burnham said:

    Greater Manchester is growing faster than the UK economy but we have got so much more to give to UK plc. The reforms announced today will help us to do just that and go much further and faster in support of the national growth mission. We particularly welcome the opportunity to work with Government to review the Green Book and how it is used to steer public investment, as the current approach is not working for the North of England.

    Richard Parker, Mayor of the West Midlands said:

    This is a great show of faith by the Government in our regions to deliver the growth and high-quality jobs the country needs. The West Midlands is a hotbed of innovation and business talent ready to support the Government’s mission for growth.

    With the Government, I’m focused on delivering growth and with plans for a gigafactory, and three Investment Zones secured, we’re already making progress on creating thousands of new jobs. At the same time I am equipping our people with the skills to succeed in the industries of the future such as advance manufacturing, life sciences and green technology. 

    With this new Strategic Partnership, the West Midlands will be one of the best places to do business, with an economy that creates real opportunities and benefits everyone across our communities.

    Cllr Susan Aitken, leader of Glasgow City Council and chair of the Glasgow City Region Cabinet said:

    This is welcome recognition of the Glasgow City Region’s role as Scotland’s metro region, a vital motor in delivering prosperity and with a track record of securing and delivering on investment.

    Cities and city regions are the vital engine rooms of local and national economic growth and Glasgow’s selection as one of the four strategic partnerships to work with Government on maximising investment opportunities will, I’m sure, contribute to our ambition to become the most innovative, resilient and inclusive regional economy in the UK.

    Updates to this page

    Published 24 January 2025

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