Category: Business

MIL-OSI: PULPO WMS and Microsoft Partner Aident Launch Advanced Integration for Dynamics 365 Business Central
Source: GlobeNewswire (MIL-OSI)

Wilmington, Delaware , July 10, 2025 (GLOBE NEWSWIRE) — PULPO WMS, a leading warehouse management system, today announced the launch of a sophisticated integration with Microsoft Dynamics 365 Business Central, developed in partnership with Aident, a specialized Microsoft implementation partner renowned for creating industry-specific extensions and optimizations for the Business Central platform.

PULPO WMS and Microsoft Partner Aident Launch Advanced Integration for Dynamics 365 Business Central

The integration represents a significant advancement in warehouse management capabilities for Business Central users, combining PULPO’s mobile-first WMS technology with Aident’s deep expertise in Microsoft Dynamics 365 Business Central implementations and custom app development. This collaboration delivers a comprehensive Microsoft Dynamics 365 warehouse management system that serves businesses across multiple markets with enterprise-grade functionality and scalability.

Strategic Partnership Drives Innovation

Aident, leveraging years of project experience across various sectors, has engineered this MS Business Central WMS integration to address the complex warehouse management needs of international businesses using Microsoft Dynamics 365 Business Central. The company’s proven track record in developing specialized apps and extensions for the Business Central ecosystem ensures the integration meets the highest standards for reliability and performance.

“This integration showcases our commitment to extending Microsoft Dynamics 365 Business Central’s capabilities through innovative solutions,” said a spokesperson from Aident. “Our experience in creating industry-specific functionalities and serving international clients has enabled us to deliver a Microsoft Dynamics 365 warehouse management system that truly maximizes the potential of the Business Central platform.”

Comprehensive Warehouse Management Solution

The MS Business Central WMS integration transforms warehouse operations by creating seamless data flow between Business Central and PULPO WMS. Companies can now automate inbound and outbound workflows, achieve real-time inventory visibility, and synchronize master data instantly. Purchase orders, sales orders, and stock transfers move effortlessly between systems, eliminating manual processes and ensuring operational alignment across international operations.

Key capabilities include:
- End-to-end logistics process automation
- Real-time inventory synchronization
- Mobile-guided receiving and putaway workflows
- Automated shipment tracking and ERP updates
- Multi-location support for international operations
About the Partnership

This collaboration combines PULPO’s modern warehouse management technology with Aident’s specialized expertise as a Microsoft Dynamics 365 Business Central implementation partner. Aident’s comprehensive consulting and project management services, backed by an experienced team of consultants, project managers, and developers, ensure successful deployment and optimization of the integrated Microsoft Dynamics 365 warehouse management system for businesses worldwide.

About PULPO WMS

PULPO WMS is a modern warehouse management system designed for fast-growing ecommerce merchants, 3PL providers, and brands with in-house fulfillment with customers in 25 countries. From inventory tracking to picking and shipping, PULPO helps teams reduce errors, boost speed, and scale efficiently.

About Aident

Aident is a specialized Microsoft implementation partner for Dynamics 365 Business Central, focusing on the introduction, adaptation, and optimization of ERP solutions for businesses. The company offers comprehensive consulting and project management services, developing specific apps and extensions that add industry-specific functionalities to the standard Business Central solution, serving clients internationally.

Microsoft, Dynamics 365 and Business Central are trademarks of the Microsoft group of companies. All other trademarks are the property of their respective owners.

Press inquiries

PULPO WMS
https://www.pulpowms.com/
Eylül Görener
eylul.gorener@pulpowms.com

The MIL Network –
July 11, 2025

MIL-OSI: Siili Solutions Plc: Share Repurchase 10.7.2025

Source: GlobeNewswire (MIL-OSI)

Siili Solutions Plc	Announcement 10.7.2025


Siili Solutions Plc: Share Repurchase 10.7.2025

In the Helsinki Stock Exchange

Trade date	10.7.2025
Bourse trade	Buy
Share	SIILI
Amount	1 100	Shares
Average price/ share	6,4600	EUR
Total cost	7 106,00	EUR


Siili Solutions Plc now holds a total of 27 428 shares
including the shares repurchased on 10.7.2025

The share buybacks are executed in compliance with Regulation
No. 596/2014 of the European Parliament and Council (MAR) Article 5
and the Commission Delegated Regulation (EU) 2016/1052.

On behalf of Siili Solutions Plc

Nordea Bank Oyj

Sami Huttunen	Ilari Isomäki

Further information:
CFO Aleksi Kankainen
Email: aleksi.kankainen@siili.com
Tel. +358 50 584 2029

www.siili.com

Attachment

SIILI 10.7.2025 Trades

The MIL Network –

July 11, 2025

MIL-OSI: Apica Recognized as a Visionary in the Gartner® Magic Quadrant™ for Observability Platforms, 2025
Source: GlobeNewswire (MIL-OSI)

LOS ANGELES and STOCKHOLM, July 10, 2025 (GLOBE NEWSWIRE) — Apica, the observability cost optimization leader, today announced its recognition on the Gartner Magic Quadrant for Observability Platforms, placed in the Visionaries quadrant. Apica is the anti-vendor-lock-in solution in IT telemetry that optimizes costs while maximizing flexibility, making existing and future observability investments work better while dramatically reducing costs. With Ascent, Apica enables enterprises to save up to 40 percent on observability spend while gaining unprecedented control over their telemetry data and breaking free from vendor lock-in.

Our performance and impact

Apica Ascent stands apart as a key solution that optimizes existing observability investments rather than demanding costly replacements. Built with architectural flexibility at its core, Ascent delivers proven cost reductions compared to traditional observability platforms through its breakthrough InstaStore™ technology.

Ascent’s telemetry pipeline seamlessly integrates with 100+ existing tools including Splunk, Datadog, and Elastic, providing infinite elastic storage and intelligent routing without the vendor lock-in that traps enterprises in escalating costs. What sets Ascent apart is its technical superiority in handling high-cardinality data at scale and its complementary approach that enhances rather than replaces current investments—making Ascent the strategic choice for enterprises seeking to regain control over their observability spend while improving operational visibility.

These innovations coupled with Apica’s dedication to giving organizations unprecedented control over their telemetry data reinforce Apica’s recognition as a Visionary. The following attributes make Ascent unique:
- Flow, Telemetry Pipeline: Addresses the most critical enterprise pain point: Telemetry pipeline inefficiencies that drive up costs and create operational overhead.
  - Infinite data reservoir with InstaStore™ technology preventing data loss
  - Elastic Kubernetes-native architecture providing instant throughput on-demand
  - Never Block, Never Drop guarantee ensuring zero data loss
- Observe: Complete Visibility & Intelligence
  - Real-time observability across the entire infrastructure stack
  - AI/LLM-powered insights for intelligent anomaly detection and root cause analysis
  - 100% data indexed with instant replay, search, and reporting capabilities
  - Flexible indexing options: Decouple indexing from pipeline for cost optimization
  - Comprehensive correlation between metrics, logs, and traces for complete system understanding
- Fleet: Intelligent Agent Management
  - Adaptive data collection that responds to environment changes automatically
  - Investment protection: Works with existing observability tools and agents
  - Simplified configuration management through intuitive Fleet UI
  - Install once, update infrequently approach reducing operational overhead
  - Universal agent support with custom agent capabilities for any environment
- Lake: Observability-Optimized Storage
  - Flexible deployment options: Use Apica’s optimized data lake or route to the organization’s existing storage
  - Modular architecture that adapts to every observability strategy and budget
  - InstaStore™ technology providing infinite retention for complete observability history
  - Complete data ownership with open formats preventing vendor lock-in
  - Cost-optimized storage tiers based on observability access patterns
“If someone is looking for the most cost-efficient observability solution today, they should think about Apica,” said Mathias Thomsen, CEO of Apica. “One of our fundamental mantras is clean data beats fancy storage every time – we deliver cost optimization capabilities that dramatically reduce enterprise expenses while accelerating time to insight. I believe, this recognition as a Visionary in the Gartner Magic Quadrant for Observability Platforms validates our focus in providing complementary tools to your existing investments that help you manage telemetry data with vendor-neutral flexibility – your data, your choice, your control.”

Helpful links:
- Download the Gartner Magic Quadrant for Observability, 2025 here.
- Read the blog post from Apica CEO, Mathias Thomsen here.
- To learn more about Ascent, visit Apica’s interactive demos or request a personalized demo here.
Gartner^®Magic Quadrant™ for Observability Platforms, Gregg Siegfried, Matt Crossley, Padraig Byrne, Andre Bridges, Martin Caren, 07 July 2025.

Disclaimer:

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

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

Connect with Apica
LinkedIn
X

About Apica

Apica Ascent gives IT teams complete control over their telemetry data economics. Ascent processes all observability data types—metrics, logs, traces, and events—while optimizing observability costs by 40% compared to traditional approaches. Unlike solutions that lock users into proprietary formats, Ascent offers true flexibility: Use its data lake or route data to any data lake of choice, deploy on-premises or in the cloud, and eliminate expensive tool sprawl with a single, modular platform. Built to handle high-cardinality data that overwhelms competitive solutions, Ascent includes the patented InstaStore™ optimized storage option for maximum efficiency, advanced root cause analysis capabilities, and the freedom to make observability investments that actually reduce costs instead of spiraling them out of control. For more information, visit www.apica.io

Media Contact:
Lori Bertelli
Director Product Marketing & Communications
lori.bertelli@apica.io

The MIL Network –
July 11, 2025
MIL-OSI: Apica Recognized as a Visionary in the Gartner® Magic Quadrant™ for Observability Platforms, 2025
Source: GlobeNewswire (MIL-OSI)

LOS ANGELES and STOCKHOLM, July 10, 2025 (GLOBE NEWSWIRE) — Apica, the observability cost optimization leader, today announced its recognition on the Gartner Magic Quadrant for Observability Platforms, placed in the Visionaries quadrant. Apica is the anti-vendor-lock-in solution in IT telemetry that optimizes costs while maximizing flexibility, making existing and future observability investments work better while dramatically reducing costs. With Ascent, Apica enables enterprises to save up to 40 percent on observability spend while gaining unprecedented control over their telemetry data and breaking free from vendor lock-in.

Our performance and impact

Apica Ascent stands apart as a key solution that optimizes existing observability investments rather than demanding costly replacements. Built with architectural flexibility at its core, Ascent delivers proven cost reductions compared to traditional observability platforms through its breakthrough InstaStore™ technology.

Ascent’s telemetry pipeline seamlessly integrates with 100+ existing tools including Splunk, Datadog, and Elastic, providing infinite elastic storage and intelligent routing without the vendor lock-in that traps enterprises in escalating costs. What sets Ascent apart is its technical superiority in handling high-cardinality data at scale and its complementary approach that enhances rather than replaces current investments—making Ascent the strategic choice for enterprises seeking to regain control over their observability spend while improving operational visibility.

These innovations coupled with Apica’s dedication to giving organizations unprecedented control over their telemetry data reinforce Apica’s recognition as a Visionary. The following attributes make Ascent unique:
- Flow, Telemetry Pipeline: Addresses the most critical enterprise pain point: Telemetry pipeline inefficiencies that drive up costs and create operational overhead.
  - Infinite data reservoir with InstaStore™ technology preventing data loss
  - Elastic Kubernetes-native architecture providing instant throughput on-demand
  - Never Block, Never Drop guarantee ensuring zero data loss
- Observe: Complete Visibility & Intelligence
  - Real-time observability across the entire infrastructure stack
  - AI/LLM-powered insights for intelligent anomaly detection and root cause analysis
  - 100% data indexed with instant replay, search, and reporting capabilities
  - Flexible indexing options: Decouple indexing from pipeline for cost optimization
  - Comprehensive correlation between metrics, logs, and traces for complete system understanding
- Fleet: Intelligent Agent Management
  - Adaptive data collection that responds to environment changes automatically
  - Investment protection: Works with existing observability tools and agents
  - Simplified configuration management through intuitive Fleet UI
  - Install once, update infrequently approach reducing operational overhead
  - Universal agent support with custom agent capabilities for any environment
- Lake: Observability-Optimized Storage
  - Flexible deployment options: Use Apica’s optimized data lake or route to the organization’s existing storage
  - Modular architecture that adapts to every observability strategy and budget
  - InstaStore™ technology providing infinite retention for complete observability history
  - Complete data ownership with open formats preventing vendor lock-in
  - Cost-optimized storage tiers based on observability access patterns
“If someone is looking for the most cost-efficient observability solution today, they should think about Apica,” said Mathias Thomsen, CEO of Apica. “One of our fundamental mantras is clean data beats fancy storage every time – we deliver cost optimization capabilities that dramatically reduce enterprise expenses while accelerating time to insight. I believe, this recognition as a Visionary in the Gartner Magic Quadrant for Observability Platforms validates our focus in providing complementary tools to your existing investments that help you manage telemetry data with vendor-neutral flexibility – your data, your choice, your control.”

Helpful links:
- Download the Gartner Magic Quadrant for Observability, 2025 here.
- Read the blog post from Apica CEO, Mathias Thomsen here.
- To learn more about Ascent, visit Apica’s interactive demos or request a personalized demo here.
Gartner^®Magic Quadrant™ for Observability Platforms, Gregg Siegfried, Matt Crossley, Padraig Byrne, Andre Bridges, Martin Caren, 07 July 2025.

Disclaimer:

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

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

Connect with Apica
LinkedIn
X

About Apica

Apica Ascent gives IT teams complete control over their telemetry data economics. Ascent processes all observability data types—metrics, logs, traces, and events—while optimizing observability costs by 40% compared to traditional approaches. Unlike solutions that lock users into proprietary formats, Ascent offers true flexibility: Use its data lake or route data to any data lake of choice, deploy on-premises or in the cloud, and eliminate expensive tool sprawl with a single, modular platform. Built to handle high-cardinality data that overwhelms competitive solutions, Ascent includes the patented InstaStore™ optimized storage option for maximum efficiency, advanced root cause analysis capabilities, and the freedom to make observability investments that actually reduce costs instead of spiraling them out of control. For more information, visit www.apica.io

Media Contact:
Lori Bertelli
Director Product Marketing & Communications
lori.bertelli@apica.io

The MIL Network –
July 11, 2025
MIL-OSI: Treasury Bill Auction Announcement – RIKV 25 1119

Source: GlobeNewswire (MIL-OSI)

Series RIKV 25 1119

ISIN IS0000037547

Maturity Date 11/19/2025

Auction Date 07/14/2025

Settlement Date 07/16/2025

On the Auction Date, between 10:30 am and 11:00 am, the Government Debt Management will auction Treasury bills in the Series, with the ISIN number and with the Maturity Date according to the table above. Payments for the Treasury bills must be received by the Central Bank before 14:00 on the Settlement Date and the Bills will be delivered in electronic form on the same day.

Further reference is made to the General Terms of Icelandic Treasury bills and General Terms of Auction for Treasury bills on the Government Debt Management website.

For additional information please contact Magnús Freyr Hrafnsson, Government Debt Management, at +354 569 9679.

The MIL Network –

July 11, 2025
MIL-OSI Analysis: How China’s green transition is reshaping ethnic minority communities

Source: The Conversation – Canada – By Reza Hasmath, Professor in Political Science, University of Alberta

China has emerged as a global front-runner in the fight against climate change, with sweeping policies aimed at curbing environmental degradation and building a more sustainable future.

Yet behind these green ambitions lies a more complicated human story. Ethnic minority communities — who make up roughly nine per cent of China’s total population and often inhabit ecologically sensitive regions like Tibet, Xinjiang, Yunnan and Inner Mongolia — are experiencing the transition in ways that involve significant trade-offs.

Where they live, how they work and the cultural practices they depend on have all been shaped by state environmental policies, often without meaningful input or representation.

My ongoing research examines the lesser seen consequences of China’s environmental agenda, focusing on how it affects the lives of ethnic minority communities across four critical dimensions: traditional livelihoods, internal migration, economic well-being and cultural identity.

Disruptions to traditional livelihoods

For centuries, many ethnic minorities in China have built their livelihoods around the land. Tibetan nomadic herders, Uyghur and Kazakh farmers and communities like the Yi, Qiang or Tu have long depended on agriculture, grazing and forest products not just for economic survival, but as a way of life deeply tied to ancestral customs and ecological knowledge.

That fabric is now fraying. Climate change, rising temperatures and desertification have degraded pasturelands in Tibet and farmland in Xinjiang, undermining herding and agriculture.

At the same time, state policies like the Grain for Green program, which converts farmland into forest to reduce erosion, have displaced upland farmers and restricted access to traditional lands.

These disruptions are compounded by restrictions on small-scale logging and non-timber forest product collection. These practices have long sustained communities such as the Hani, Dai and Yi.

Although these initiatives aim for environmental conservation, they often lack provisions for alternative livelihood options, rendering affected ethnic minority communities vulnerable to economic hardship.

Internal migration

As China’s environmental and development policies reshape rural regions, ethnic minority communities are increasingly affected by internal migration. Some ethnic minority families move voluntarily for work, while others are displaced by large-scale infrastructure or conservation projects.

In Tibet, expanded rail and road networks have boosted trade, but contributed to the migration of herding communities. In Yunnan, dam construction has displaced villages inhabited by ethnic groups such as the Nu, Lisu, Hani and Bai, often with minimal consultation.

Relocation into urban areas introduces new pressures: overcrowded infrastructure, limited services and increased competition for employment. These conditions can exacerbate the marginalization of ethnic minorities and heighten social tensions.

The effects are especially stark in Xinjiang. Uyghur communities have been relocated to new urban zones where efforts framed as economic development often fracture social structures and push assimilation.

Coupled with securitization measures, such transitions risk eroding cultural identity and deepening socio-economic disparities, particularly among ethnic minority women.

Ultimately, internal migration fragments extended family networks, an essential characteristic for many ethnic minority cultures. Without inclusive planning, these relocations can entrench the very inequities that sustainability efforts seek to address.

A double-edged economy

Green transition policies promise new livelihoods through eco-tourism, conservation work and renewable energy sectors. For some communities, these transitions have created new pathways.

Pilot programs in ecologically sensitive zones such as Qinghai have involved Tibetan herders as conservation workers, combining ecological protection with livelihood maintenance.

These examples remain exceptions. Most affected communities lack training and access to green jobs. The Grain for Green program offers short-term land conversion subsidies, but little in the way of long-term retraining. As a result, some households plunge deeper into poverty after losing access to their farmland or pasture.

Ironically, relocated families sometimes end up in low-paid construction jobs tied to the very projects that displaced them. This circular dependency — displaced by green projects, then employed in their construction — offers no route to upward mobility and deepens socio-economic marginalization.

Cultural displacement

Perhaps the most intangible impact of China’s green transition is cultural. In many ethnic minority communities, livelihoods are intertwined with the environment; rituals follow the seasons and sacred sites mark the land.

Conservation bans and resettlement disrupt ancestral customs and erase mobility patterns, as seen with the sedentarization of Tibetan nomads.

Eco-tourism campaigns and “heritage villages” try to preserve culture. However, they often turn it into a spectacle. Traditions become performances curated for tourists, while the deeper practices — language, inter-generational teaching and land-based rituals — fade.

Well-meaning efforts to promote ethnic minority festivals in the name of boosting tourism have also sometimes led to the standardization of diverse traditions into single narratives, minimizing internal variation in customs and flattening community voices.

A more inclusive green transition?

There is no doubt that China’s climate ambition is transforming its economy and the daily lives of millions. From the Tibetan Plateau to the Tarim Basin in Xinjiang and across the vast grasslands of Inner Mongolia, environmental protection is impacting the people whose lives are rooted in these fragile ecosystems.

Making this transition equitable means ensuring ethnic minorities shape, not merely receive, state policy. That includes integrating local ecological knowledge into conservation planning, providing long-term training for displaced populations and ensuring that relocation compensation reflects economic losses, as well as social and cultural costs.

China frames its environmental vision through the concept of “ecological civilization,” a philosophy rooted in Confucian ideals and socialist principles that seeks to harmonize human development with nature. At its best, this model aspires to align economic growth with ecological balance.

For ecological civilization to fulfil its promise, it must be inclusive and prioritize cultural rights alongside environmental goals. Environmental policymakers must recognize that sustainability is about both reducing emissions and preserving the dignity, heritage and agency of all communities.

China’s green transition has the potential to be a global model. To lead by example, however, it must confront not only the climate crisis, but also the deeper challenge of inclusion.

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

– ref. How China’s green transition is reshaping ethnic minority communities – https://theconversation.com/how-chinas-green-transition-is-reshaping-ethnic-minority-communities-259793

MIL OSI Analysis –

July 11, 2025
MIL-OSI USA: LYCOMING COUNTY – Governor Shapiro to Announce Opening of Verne Inc.’s First Manufacturing Facility in Pennsylvania, Creating Jobs and Growing Pennsylvania’s Clean Energy Economy

Source: US State of Pennsylvania

July 10, 2025 – Muncy, PA

ADVISORY – LYCOMING COUNTY – Governor Shapiro to Announce Opening of Verne Inc.’s First Manufacturing Facility in Pennsylvania, Creating Jobs and Growing Pennsylvania’s Clean Energy Economy

Governor Josh Shapiro will join Verne Inc. Co-Founder David Jaramillo and local leaders to announce the opening of Verne Inc.’s first manufacturing facility in Pennsylvania, creating 61 new jobs and advancing Pennsylvania’s clean energy economy.

Since taking office, the Shapiro Administration has secured over $25.2 billion in private sector investments, creating nearly 11,000 jobs. From day one, Governor Shapiro has worked to spur economic development in Pennsylvania, creating the Economic Development Strategy, securing historic funding for site development, and speeding up the Commonwealth’s permitting, licensing, and certification processes.

WHO:
Governor Josh Shapiro
David Jaramillo, Co-Founder and CTO, Verne Inc.
Jason Fink, President and CEO, Lycoming County Chamber of Commerce
Perry Babb, President and CEO, KeyState Energy

WHEN:
Thursday, July 10, 2025, at 11:00 AM

WHERE:
Verne, Inc.
285 Marcellus Dr.
Muncy, PA 17756

LIVE STREAM:
pacast.com/live/gov
governor.pa.gov/live/

RSVP:
Press who are interested in attending must RSVP with the names and phone numbers for each member of their team to ra-gvgovpress@pa.gov.

MIL OSI USA News –

July 11, 2025
MIL-OSI USA: A Statement from FDA Commissioner Marty Makary, M.D., M.P.H: 100 Days of Embracing Gold-Standard Science, Transparency and Common Sense

Source: US Department of Health and Human Services – 3

For Immediate Release:
July 10, 2025
Statement From:

As I mark my hundredth day on the job at the FDA, I’m proud to celebrate the agency’s accomplishments in the bipartisan effort to Make America Healthy Again. I came here with big questions: Why does it take ten years for a drug to reach patients? How can we fix America’s food supply so it is not filled with harmful chemicals and additives? Why are childhood chronic diseases so prevalent? We are taking bold action to address these big, obvious problems, and more, which have been staring at us for years.
The FDA regulates products that account for 20% of all U.S. consumer spending, and our work impacts the lives of every American. Over the past 100 days, we’ve launched dozens of key initiatives across the full range of the FDA’s purview to help make food healthier for children and families, accelerate meaningful cures and treatments, and modernize the agency with transparency, gold-standard science and common sense. Highlights include:
Food – Healthier Food for Children

Fixing America’s Food Supply

Petroleum-based food dye removal – Took action to phase out petroleum-based synthetic food dyes from the U.S. food supply, which are linked to numerous health risks.
Improving infant formula – Continued the work of Operation Stork Speed by hosting an expert roundtable on infant formula and exploring new ways to bring additional and healthier options without ingredients like seed oils, added sugars and heavy metals to market.
Food chemical review – Initiated a robust, transparent review of chemicals currently in the food supply, such as BHT, BHA and ADA; and expedited the review of chemicals currently under review, such as phthalates, propylparaben and titanium dioxide.
GRAS reform – Exploring rulemaking to require “generally recognized as safe” (GRAS) submissions to FDA to stop industry’s long-standing practice of introducing ingredients into the food supply without FDA knowledge or oversight.
Natural food dyes – Approved uses of three food colors derived from natural sources: Galdieria extract blue, butterfly pea flower extract and calcium phosphate, and initiated an accelerated the review of other natural alternatives.
Began revising broken dietary guidelines – Launched the Nutrition Regulatory Science Program in partnership with NIH to better address highly relevant questions for Americans’ health, such as the impact of ultra-processed foods and the effect of certain food additives.
Defining ultra-processed foods – Will launch FDA/USDA request for data and information to help develop a uniform definition of ultra-processed foods, and industry roundtable, paving the way for additional study and action.

More Meaningful Cures, Treatments and Diagnostics

Accelerating Cures

Reducing animal testing – Published a roadmap to transition away from animal testing for investigational new drug applications wherever possible and use more effective, human-relevant methods, such as organ-on-a-chip systems, advanced computer simulations, and pre-existing international data. Announced the intent to launch a pilot program in which select monoclonal antibody developers may pursue a primarily non-animal-based testing strategy, under close FDA consultation.
Commissioner’s National Priority Voucher program – Announced a pilot program to expedite drug review processes from 10-12 months to 1-2 months following submission of a final application addressing U.S. national priorities, such as tackling a major health crisis or unmet public health need, increasing domestic drug manufacturing, and delivering more innovative cures for the American people.
Revised Covid-19 vaccine regulatory framework – Adopted a new evidence-based approach to Covid-19 booster approvals, replacing a one-size-fits-all regulatory framework and broad marketing authorizations with a risk-stratified approach that is already embraced by most doctors and parents. Updated labeling of mRNA shots to include new safety information about myocarditis and pericarditis.
Addressed industry influence – Limited the circumstances where individuals employed at FDA-regulated companies, such as pharmaceutical companies, may serve as members of FDA advisory committees, where statutorily possible, to mitigate perceived conflicts of interest and strengthen integrity to the review process.
CEO Listening Tour – Launched a six-city listening tour to meet directly with pharmaceutical and biotech executives, gathering honest feedback and big ideas to help the agency better accelerate cures and innovation.
Cell and Gene therapy innovation – Engaged dozens of industry experts in a roundtable to shape actions that will ensure America leads at the forefront of innovation in this space.
Removed restrictions on certain gene therapies – Removed REMS requirement for currently approved BCMA- and CD19-directed autologous chimeric antigen receptor CAR T cell immunotherapies, the first of many steps towards a more common-sense regulatory approach in this space.
Diagnostics to empower healthy decisions – Cleared the first in vitro diagnostic device that tests blood to aid in diagnosing Alzheimer’s disease. Initiated process to remove regulations on Laboratory Developed Tests (LDTs).
Extended-release drug labeling change – Revised labeling on extended-release stimulants for ADHD treatment, cautioning parents and providers about the risks of adverse reactions, including weight loss, when used by children under six.

Administration – Gold-Standard Science & Common Sense

Protecting American Consumers

Combatting illegal vapes – In collaboration with U.S. Customs and Border Protection, seized nearly $34 million worth of illegal, youth-appealing e-cigarette products originating in China.
Protecting the microbiome from fluoride tablets – Initiated action to remove concentrated ingestible fluoride prescription drug products for children from the market, which were not FDA-approved and have been shown to alter the gut microbiome.
Examining talc – Hosted an expert panel to review the latest evidence and discuss potential health risks associated with talc used in food, drugs and cosmetics.
Unannounced foreign inspections – Expanded the use of unannounced foreign inspections where appropriate, holding domestic and international drug manufacturers to the same high standard.
Holistic inspection policy review – Began comprehensive review of the agency’s policies and practices for foreign inspections (including policies related to travel accommodations), ensuring the FDA remains the gold standard for regulatory oversight.
Protecting American’s biological samples – Initiated action to review and, where necessary, halt clinical trials which involve exporting Americans’ living cells and DNA to labs in hostile countries, such as China, for genetic engineering and subsequent infusion back into U.S. patients.
Enhancing drug importation – Fought high prescription drug prices by working to streamline the process by which states can pursue importation of safe, effective and affordable drugs from Canada, without imposing additional risk to public health and safety.
Cracking down on falsified data – Discovered that third-party testing companies in China were producing falsified or otherwise invalid data; acted swiftly to protect the integrity of the premarket application process and the medical device supply chain.
Fighting “gas station heroin” –Issued warning letters against companies distributing and selling unlawful tianeptine products, warned health care professionals and the general public about the extensive adverse events associated with tianeptine use.
FDA import alerts – Updated several import alerts – for certain dietary supplements, cheeses, seafood, fish products and more – to help prevent illegal and unauthorized products flooding the U.S. market and risking American’s safety and health.

Unleashing AI and Big Data

AI-assisted review – Completed a successful first AI-assisted scientific review pilot, demonstrating that internal AI tools can greatly reduce the time reviewers spend on mundane tasks or non-productive busywork.
Equipping reviewers with internal AI tools – Launched Elsa, a generative AI tool designed to help all FDA employees – from scientific reviewers to investigators – work more efficiently. Elsa is just an initial step in the FDA’s larger plans to integrate AI into agency processes.
Building a better adverse event reporting database – Launched a comprehensive effort to consolidate disparate adverse event reporting databases, which will enable far more effective post-market monitoring of drug products.

Modernization and Radical Transparency

Transparent communications – Created FDA Direct, a regular channel for communicating directly with the public through frequent, unscripted conversations with the FDA Commissioner about strategic updates and the thinking behind key agency decisions.
Transparent agenda – In the Journal of the American Medical Association, provided a clear outline of FDA leadership’s priorities for modernizing and improving the agency in the months ahead.
Transparent decision making – Began publishing, to the greatest extent possible, decision letters issued in response to applications for new drugs and biological products.

I’m excited by what the talented FDA team have been able to achieve in 100 days by embracing gold-standard science, radical transparency and common sense. This is just the beginning. We’ll continue to introduce initiatives to modernize the agency, protect consumers, bring more meaningful cures, treatments and diagnostics to patients, and make healthier food available for children, using the best science and data to Make America Healthy Again.
Related Information

Related Information

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Boilerplate

The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation’s food supply, cosmetics, dietary supplements, radiation-emitting electronic products, and for regulating tobacco products.

Content current as of:
07/10/2025

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MIL OSI USA News –

July 11, 2025
MIL-OSI: Meriwest Credit Union Partners with Insuritas to Launch Full-Service Insurance Agency

Source: GlobeNewswire (MIL-OSI)

SILICON VALLEY, Calif., July 10, 2025 (GLOBE NEWSWIRE) — San Jose based Meriwest Credit Union, is proud to announce a strategic partnership with Insuritas to launch Meriwest Insurance Services, a fully integrated insurance agency. Meriwest Insurance Services will provide Meriwest’s 80,000+ members and the community at large with access to insurance products, including home, auto, renters, commercial, and a wide array of additional insurance products.

“Meriwest is excited to collaborate with Insuritas to launch a full-service insurance agency for our members,” said Lisa Pesta, President and CEO of Meriwest Credit Union. “By leveraging the BUNDLE digital insurance platform, we can provide our members with convenient, competitive, and reliable insurance solutions to help meet their needs at a time when insurance costs are rising rapidly.”

Meriwest Insurance Services, powered by Insuritas’ award-winning digital platform, will offer a broad range of insurance products, for individuals, families, small businesses, professionals and non-profits. Connected to over 40 insurance carriers and combined with Insuritas’ proprietary virtual insurance agent technology, Lily, the platform ensures members receive the personalized service and support needed to shop, compare, and buy the insurance they need at competitive prices.

“We’re thrilled to partner with Meriwest Credit Union to provide a full-service, digitally powered insurance agency to their members throughout the Bay Area,” said Insuritas Chairman and CEO Jeffrey Chesky. “Through our embedded insurance agency as a service, Meriwest will now be able to provide simple, seamless access to competitive insurance options—delivering the right coverages at the right price at the right time.”

Meriwest Insurance Services is set to launch in Q4 2025, reinforcing the credit union’s commitment to delivering innovative financial solutions to its members.

About Meriwest Credit Union
Founded in San Jose, California in 1961, Meriwest Credit Union, ($2.1B in assets) is one of Silicon Valley’s most established financial institutions. Dedicated to delivering advice-based, personal, convenient, and innovative financial services to over 80,000 families and businesses throughout the San Francisco Bay Area and Pima County, Arizona, Meriwest offers a wide array of personal banking, business services, and wealth advisory services. Meriwest has been voted one of the ‘Best Credit Unions in Silicon Valley’ in the Mercury News’ Annual ‘Readers’ Choice Awards’ and a “Best Place to Work” by the Silicon Valley Business Journal 2020 through 2024. More information can be found at www.meriwest.com.

About Insuritas
The Insuritas mission is to connect people to the insurance products they need through a seamless, transparent shopping experience where carriers compete to provide them with the right coverage at the right price. The Insuritas ‘Embedded Agency as a Service’ platform is installed across a network of financial institution partners serving over 25 million customers nationally, empowering financial institutions to leverage proprietary data-mining techniques and integrations with a broad array of insurance carriers to make highly personalized, digitally optimized insurance offers to their depositors, all within their brand. These strategies help further their commitment to the financial well-being of their customers while driving a critical source of non-interest income for their institution. For more information, visit www.insuritas.com.

Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements, which are subject to risks and uncertainties. Actual results may differ materially from those expressed or implied. Meriwest Credit Union and Insuritas undertake no obligation to update these statements.

Media Contact:
Jeffrey Zane
Meriwest Credit Union
Public Relations
408-612-1484
jzane@meriwest.com

Jeff Chesky
Insuritas
CEO
413-320-5208
jchesky@insuritas.com

The MIL Network –

July 11, 2025
MIL-OSI USA: For Immediate Release: Rep. Wesley Hunt Commends DOI for Implementation of his OBBB Policy Priority
Source: United States House of Representatives – Congressman Wesley Hunt (Texas 38th District)

July 7th, 2025

Contact: James Kyrkanides, Chief of Staff

Washington, D.C. – Today, Congressman Wesley Hunt released a statement commending the Department of the Interior for implementing his top policy priority in the One Big Beautiful Bill, which President Trump signed into law on Friday, July 4th.

“Since the day I entered Congress, unleashing American energy and championing our vital oil and gas sector has been a top priority. I’m proud that, under President Trump’s leadership, our commingling policy is now law through the One Big Beautiful Bill,” said Congressman Hunt.

“This is about common sense and catching up with today’s technology,”said Secretary of the Interior Doug Burgum. “The current rules were written for a different era. These updates will help us manage public resources more efficiently, support responsible energy production, and make sure taxpayers and tribes get every dollar they’re owed.”

Production Commingling Background Information:

Congressman Hunt’s commingling language was included in Title V, Section 50101, Subsection (q) in the One Big Beautiful Bill. This language will allow all exploration and production companies operating on federal lands to combine their facilities (e.g., storage containers, oil/gas sales pipelines) from different leases into one set of facilities.

The implementation of this language by the DOI will:
- Significantly decrease the cost to drill a well, thereby reducing energy prices for Americans.
- Substantially minimize the surface impact of drilling a well, benefiting the environment.
- Drastically improve emissions controls in the oil patch.
###

MIL OSI USA News –
July 11, 2025
MIL-OSI United Kingdom: Boost for British consumers and Developing Countries
Source: United Kingdom – Government Statements

Press release

Boost for British consumers and Developing Countries

Boost for British consumers and Developing Countries as UK launches new trade measures
New measures will make it easier for developing countries to trade, supporting jobs and economic growth in the UK overseas.

UK businesses and consumers to benefit from more competitively priced imports as part of upgrades to the Developing Countries Trading Scheme.

Part of the UK’s Plan for Change and recently launched Trade Strategy to grow trade with markets of the future, strengthen global partnerships and deliver for British households.

British consumers and businesses are set to benefit from a package of new trade measures unveiled today (10 July), which will simplify imports from developing countries — helping to lower prices on everyday goods while supporting jobs and growth in some of the world’s poorest nations.

The measures will give UK consumers greater access to competitively priced imports — from clothes to food and electronics — as upgrades to the Developing Countries Trading Scheme (DCTS) make it easier for businesses to trade with the UK, helping to lower prices on the high street.

Upgrades include simplified rules of origin, enabling more goods from countries like Nigeria, Sri Lanka, and the Philippines to enter the UK tariff-free — even when using components from across Asia and Africa. They also ensure countries such as Bangladesh and Cambodia continue to benefit with zero tariffs on products like garments and electronics.

This will open up new commercial opportunities for UK businesses to build resilient supply chains, invest in emerging markets, and tap into fast-growing economies.

Ministers briefed British business leaders and Ambassadors from around the world on the changes at a joint Department for Business and Trade (DBT) and Foreign, Commonwealth & Development Office (FCDO) reception in London today.

Minister for International Development Jenny Chapman, said:

The world is changing. Countries in the Global South want a different relationship with the UK as a trading partner and investor, not as a donor.

These new rules will make it easier for developing countries to trade more closely with the UK. This is good for their economies and for UK consumers and businesses.

Minister for Trade Policy Douglas Alexander, said:

No country has ever lifted itself out of poverty without trading with its neighbours.

Over recent decades trade has been an essential ingredient in lifting hundreds of millions of people out of poverty around the globe.

The DCTS allows some of the world’s poorest countries to export to the UK duty and quota-free, with over £16 billion in UK imports benefiting from tariff savings since its launch in June 2023.

In addition to the DCTS changes, the UK will:

offer targeted support to help exporters in developing countries access the UK market and meet import standards; and

make it easier for partner countries to trade services — such as digital, legal, and financial services — by strengthening future trade agreements. This will create new opportunities for UK businesses to collaborate and invest in fast-growing sectors.

The reforms will support trade with emerging markets in Asia and Africa, strengthening the UK’s global partnerships, with major retailers such as M&S and Primark expected to benefit. 

Director of Sourcing, Marks & Spencer PLC, Monique Leeuwenburgh said:

We are supportive of changes to the DCTS rules of origin for garments.

The ongoing collaboration between the government and retail industry has provided clarity and certainty for businesses in good time.

This change will enable us to maintain our long-standing and trusted relationships with our key partners in Bangladesh, to deliver the same great quality Clothing & Home products at great value for our customers.

Interim Chief Executive at Primark, Eoin Tonge said:

We welcome the changes to the DCTS rules of origin for garments which remove the potential cliff edge when a country graduates from Least Developed Country status.

This will help us to maintain our existing supply chain strategy in our key sourcing markets in Asia, such as Bangladesh and Cambodia.

We welcome the opportunity to collaborate with the government on these changes and their responsiveness to the concerns of UK retailers in this very technical area of trade policy.

Adam Mansell, CEO, The UK Fashion & Textiles Association said said:

UKFT welcomes these additional changes to the Rules of Origin under the DCTS, which will bring real benefits to the fashion industry in the UK and in DCTS countries.

The new rules demonstrate a genuine commitment from the government to modernise trade policy to support global economic growth.

At a time of such uncertainty in international trade, these reforms are especially welcome.

Yohan Lawrence, Secretary General of the Joint Apparel Association Forum (JAAF), Sri Lanka, said:

We warmly welcome the UK’s Trade Strategy.

The new rules allowing greater regional sourcing for garments while retaining duty-free access to the UK are a game-changer.

With the UK as our second-largest apparel market, this will boost exports, support livelihoods, and help us compete more fairly with global competitors.

The updated rules are part of the UK’s wider Trade for Development offer which aims to support economic growth in partner countries while helping UK businesses and consumers access high-quality, affordable goods.

And just last month, the UK’s Trade Strategy was published in further support of the Plan for Change to grow the economy, strengthen international ties, and deliver for households across the UK.

Notes to editors:

Launched in 2023, following the UK’s exit from the EU, the Developing Countries Trading Scheme (DCTS) is the UK’s flagship trade preference scheme, covering 65 countries and offering reduced or zero tariffs on thousands of products.

The UK is committed to growing services trade with developing countries, supporting digital trade and professional services.

The announcement follows engagement with UK businesses and international partners, major importers and trade associations.

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Published 10 July 2025
MIL OSI United Kingdom –
July 11, 2025
MIL-OSI USA: Breaking New Ground for IAM Military Veterans, Oklahoma District 171 Secures Historic Contract Language

Source: US GOIAM Union

IAM Union District 171 in Oklahoma City recently hosted IAM Veterans Department staff for a productive visit during ongoing negotiations ahead of the District Delegates meeting. Given the high number of military contracts in the area, discussions focused on establishing a dedicated Veterans Claims Day.

The team met with SAIC Remote Pilot Operators (RPOs) and successfully secured a first-of-its-kind achievement for the IAM Veterans Department, strong contract language, not just a memorandum of agreement (MOA), granting annual facility access to assist veterans with claims.

The effort received strong support from the program manager, a retired U.S. Air Force General, who not only agreed to the language enthusiastically but also committed to including similar provisions in the upcoming negotiations for Air Traffic Controller (ATC) instructors, which had been tentatively agreed upon by the company and the IAM.

“Congratulations go to IAM District 171 Directing Business Representative Ben Moody and the negotiating committee for being the first to secure this language as a formal article and section of a collective bargaining agreement,” said IAM Southern Territory General Vice President Craig Martin. “This contract will set the path for other locals and districts to follow.”

The post Breaking New Ground for IAM Military Veterans, Oklahoma District 171 Secures Historic Contract Language appeared first on IAM Union.

MIL OSI USA News –

July 11, 2025
MIL-OSI: VNBTC Launches AI-Powered Cloud Mining Platform, Offering Scalable Crypto Rewards for Global Investors
Source: GlobeNewswire (MIL-OSI)

LONDON, July 10, 2025 (GLOBE NEWSWIRE) — Crypto news is making headlines in 2025, with Bitcoin remaining firmly above $110,000, Ethereum and altcoins are surging. Investors are seeking ways to earn more than just trading. Cloud mining platforms like VNBTC have caught investors’ attention by letting users earn crypto without owning mining rigs.

What drives the excitement? VNBTC has launched a free Dogecoin cloud mining trial, including a $79 starter bonus, perfect for newcomers wanting to dip their toes in without risk. The platform also supports major cryptocurrencies, including Dogecoin, Bitcoin, and Ethereum. VNBTC powers over 250 mining farms worldwide, all fine-tuned by AI for maximum efficiency. Investors are taking notice of the platform’s efficiency as some users report earning daily rewards ranging from a few dollars on starter plans up to tens of thousands on higher-tier contracts.

VNBTC is rapidly making waves in the cloud mining scene, especially for Dogecoin cloud mining, offering impressive daily returns. A look at VNBTC’s current contracts shows earning potential from $10 to over $21,000 per day, depending on your plan. But there’s even more to love, especially if you’re just getting started. VNBTC now offers a $79 bonus when you sign up, which you can use toward a free Dogecoin cloud mining trial.

Why Crypto Investors Are Joining VNBTC
- Avoid price volatility: VNBTC’s payouts are based on mining output, available even during a market dip.
- Protects your capital: Most contracts return your initial principal at the end, making it risk-free.
- Perfect for part-timers: No need to babysit rigs or worry about electricity, VNBTC does it all.
Final Remarks

With crypto volatile markets making headlines again, VNBTC offers a strong alternative, offering daily earnings with an AI-powered mining system that does not need close monitoring. Whether you’re just curious or ready to set foot into cloud mining, VNBTC is worth a look. The $79 starter bonus makes getting started even easier. Join VNBTC today and begin minting millions in no time!

Media Contact:

James Carter

Marketing Specialist, VNBTC

James.Carter@vnbtc.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/966eeb11-7119-49be-9ad7-2311eb151f51

The MIL Network –
July 11, 2025
MIL-OSI: Alliance Memory Names Penelope Van-Uxen as France Country Manager

Source: GlobeNewswire (MIL-OSI)

KIRKLAND, Wash., July 10, 2025 (GLOBE NEWSWIRE) — Alliance Memory today announced the appointment of Penelope Van-Uxen as France country manager. Stepping in for former managing director EMEA Sue Macedo — who recently retired — she is responsible for supporting Alliance Memory’s European customers.

Ms. Van-Uxen holds a master’s degree in management and business administration — with a focus on entrepreneurship — from the Strasbourg Business School in France, where she recently graduated with honors. Previously, she earned a bachelor’s degree in applied modern languages and marketing from the University of Strasbourg, with one year spent as an international exchange student at the University of Southampton in the UK. Located in Saint Quentin, France, she reports to David Bagby, president and CEO of Alliance Memory.

“Alliance Memory is known for delivering exceptional support, and I’m excited to continue that tradition for our customers in France and across Europe,” said Ms. Van-Uxen. “I’m honored to take on this role and build on the solid foundation established by Sue in the region.”

“We’re thrilled to welcome Penelope to the Alliance Memory team,” said Bagby. “She brings outstanding academic credentials and a fresh perspective to this role. Combined with her commitment to strong customer relationships, she’s a great fit to lead our efforts in France and support our growing European customer base.”

About Alliance Memory Inc.
Alliance Memory is a worldwide provider of critical and hard-to-find memory ICs for the communications, computing, consumer electronics, medical, automotive, and industrial markets. The company’s product range includes flash, DRAM, and SRAM memory ICs with commercial, industrial, and automotive operating temperature ranges and densities from 64Kb to 128GB. Privately held, Alliance Memory maintains headquarters in Kirkland, Washington, and regional offices in Europe, Asia, Canada, and South America. More information about Alliance Memory is available online at www.alliancememory.com.

Editor resources:

Link to image:
www.redpinesgroup.com/Alliance/Penelope_Van-Uxen.png

Agency Contact:
Bob Decker
Redpines
+1 415 409 0233
bob.decker@redpinesgroup.com

The MIL Network –

July 11, 2025
MIL-OSI Analysis: Corporate purpose: how boards of directors monitor the mission of European companies

Source: The Conversation – France – By Rodolphe Durand, Professeur, stratégie et Politique d’Entreprise, HEC Paris Business School

Like hundreds of large European companies, the Veolia group has given itself a corporate purpose. Shutterstock

On April 24th, Veolia’s shareholders voted by more than 99% to inscribe the company’s corporate purpose into its bylaws. This means that Veolia’s board of directors will need to monitor the implementation of its corporate purpose by executive management even more closely than before. What approach will they take?

Rather examining how corporate management handles corporate purpose, we have been exploring how the boards of directors of major European companies orchestrate its administration. The board of directors, it is important to remember, is a body that organises decision-making powers, defines company strategy, and ensures its implementation.

A recent study conducted by HEC Paris and the University of Oxford with 21 major European companies, including Accor, Barclays, Decathlon, Enel, L’Oréal, Michelin, Philips, and RTL Group, reveals a nuanced approach to corporate purpose by their boards of directors. The study reveals a vision of corporate purpose as an organising principle that structures decision-making, defines activities and shapes company identity.

We found four approaches within boards of directors, which we have called “motto”, “guide”, “style” and “compass” – each with its advantages and disadvantages. The key? Aligning the board’s approach to corporate purpose with the objectives and means given to executive management for proper implementation.

Four approaches to corporate purpose

Our study identifies these four approaches at the level of major European company boards. A board’s chosen approach varies along two dimensions: whether the board and its associated committees refer to corporate purpose implicitly or explicitly, and whether the measures, values and behaviours associated with corporate purpose are addressed generally, abstractly or precisely.

One of the most striking conclusions concerns the crucial importance of alignment between orchestration at the board level and operational implementation by management. Companies that fail to synchronise these two levels risk dysfunction. Either they commit too many resources when their administrative mode doesn’t require it, or they commit too few resources when their administrative mode requires more.

The main challenge lies not so much in formulating corporate purpose as in its operational translation. This translation occurs at the interface between shareholder representatives – the directors – and those who act for the company’s development – the managers.

‘Motto’: agility at the price of cohesion?

The “motto” approach, implicit and abstract, is the freest and most fluid of the four approaches. In it, corporate purpose remains implicit because it’s not embedded in formalised practices. It’s invoked as a reminder during certain decisions, without formal processes within committees. Take the example of one of the companies in the study.

“Corporate purpose is an integral part of who we are and feeds into decision-making, both within the board and inside the company,” stated one chair who was interviewed.

This approach allows great agility without constraining the ability to innovate rapidly. By giving management teams the freedom to interpret corporate purpose according to their cultural and competitive context, it enables purpose to have a strong local resonance. It particularly appeals to companies operating in complex or multicultural environments.

However, this flexibility can turn into dispersion. When each subsidiary or business unit appropriates the values of the company’s corporate purpose in its own way, there’s a risk of losing overall cohesion. Common meaning frays, and with it, strategic alignment.

‘Style’: values as driver, at the risk of ambiguity?

The “style” approach corresponds to an implicit understanding of corporate purpose within the company complemented by board monitoring of certain indicators. This approach values the trust and autonomy of leaders in the strategic proposals they submit to the board. In return, the board monitors employee engagement indicators and value coherence in decisions, particularly within specific committees dealing with strategy or executive compensation.

For managers, the implicit nature of this approach allows them to rely on the strength of professional cultures. Detailed indicator monitoring provides support for implementing management practices within operational units. As with the “motto” approach, the absence of an explicit framework can generate ambiguous interpretations of corporate purpose and lead to inconsistencies. Everyone projects their own meaning, risking strategic confusion. If overly heavy monitoring mechanisms are put in place, this approach becomes trapped in a logic of execution… rather than inspiration.

‘Guide’: principles that are on display, but not infallible?

The “guide” approach makes the values of corporate purpose explicit without imposing detailed indicator monitoring by the board of directors. This orchestration mode strengthens coordination between teams and establishes a corporate culture shared by as many people as possible, which promotes employee engagement. The board can mobilise corporate purpose within committees, particularly the strategic committee regarding divestitures and acquisitions. Corporate purpose serves as an informal guide to orient management in its company development plans.

From the executive management’s perspective, this approach can prove difficult to follow in the absence of detailed criteria. The company’s strong culture can, over time, become an end in itself, even reducing corporate purpose to a symbol rather than a true strategic driver. In times of crisis, absent indicators that are precisely monitored by board committees, the “guide” can be forgotten in favour of more immediately lucrative solutions. And management might make decisions disconnected from the initial corporate purpose, sowing the seeds of future dilemmas.

‘Compass’: aligning without stifling

The “compass” model combines explicit corporate purpose with detailed monitoring of numerous indicators. In this configuration, the room for manoeuvre between the board and management is reduced: they are jointly held responsible for achieving corporate purpose.

“The budget figures seen in the board precisely and in detail reflect the factual application of corporate purpose and the long-term development of projects that support it,” stated one chair involved in the study.

Another chair emphasised that all committees (including the risk committee) explicitly refer to corporate purpose and indicators to conduct their analyses. This approach creates strong mobilisation, aligned behaviours and global coherence. This rigour comes at a price. Measuring and reporting corporate purpose can become complex, even paralysing according to some leaders. When results don’t meet high expectations, the risk is that misunderstandings, frustrations, or even disenchantment will occur within the company.

Corporate purpose must be orchestrated as much as it is managed

The future of corporate purpose in Europe isn’t just about regulatory compliance or communication strategy. Nor is it simply about a set of management practices. For the best results, it must be about properly aligning board practices with the demands and means allocated to top management for implementing corporate purpose. Four approaches exist, each with its strengths and weaknesses.

European companies have developed their approaches to purpose rooted in a different – and specific – set of circumstances. Postwar governance practices set expectations of the role of the corporation in rebuilding European society after WWII. We believe this European conception of corporate purpose, rooted in the continent’s history and turned toward the future, now goes beyond the simple question of management. It concerns the definition, role, and responsibilities of board members, and more generally corporate governance, in service of competitiveness rethought in its dimensions, rationale and temporality.

Les auteurs ne travaillent pas, ne conseillent pas, ne possèdent pas de parts, ne reçoivent pas de fonds d’une organisation qui pourrait tirer profit de cet article, et n’ont déclaré aucune autre affiliation que leur organisme de recherche.

– ref. Corporate purpose: how boards of directors monitor the mission of European companies – https://theconversation.com/corporate-purpose-how-boards-of-directors-monitor-the-mission-of-european-companies-260858

MIL OSI Analysis –

July 11, 2025
MIL-OSI United Kingdom: ‘Borderline negligent’ disrepair claim fails and £9k costs are passed for solicitor to pay
Source: City of York

Published Thursday, 10 July 2025

Council tenants are being reminded to report repairs to their landlord as a “no win, no fee” legal firm is ordered to pay court costs of £9,414.02 to the Council, following a failed legal case.
This case was brought by a ‘no win, no fee’ solicitor on behalf of a tenant who claimed their home had mould, damp and plaster defects. It was heard in York County Court and was dismissed by the District Judge who ordered the unsuccessful tenant to pay costs of £9,414.02.

During the trial on 21 May, the Judge described the case submitted by the solicitor as “borderline negligent”. The Council therefore made an application for costs to be paid by the solicitors themselves, rather than the tenant.

The solicitors were given 14 days in which to put forward reasons why they should not have to pay the costs themselves, which they did not dispute, and are therefore liable for these costs.

This follows other unsuccessful ‘no win, no fee’ cases which tenants and their solicitors have brought against the Council.

Councillor Michael Pavlovic, Executive Member for Housing, Planning and Safer Communities said:

We have an ongoing campaign advising tenants to tell us about any concerns with repairs so they can be put right. This is the third failed housing disrepair claim made by ‘no win, no fee’ solicitors resulting in tenants being ordered to pay many £1,000s in costs.

“Our repairs service, as evidenced in our recent Annual Housing Report, is steadily improving. We work hard to get repairs done quickly and efficiently and 82% of them are completed on a first visit, alongside our ongoing repairs, retrofit and modernisations programmes.

“We always invite tenants to talk to officers about any repairs needed, or about any delay or dissatisfaction with them so we can take prompt and effective action. These claims against the Council divert time and money from tenants’ homes.”

Any council tenant whose home needs a repair or has a problem with a repair, please call the Council first on 01904 551550 (option 4, option 1). Our team will ensure you get the right support.

Anyone unhappy about how we have responded to a request for a repair, or how we have carried out one, should please tell us first.

All concerns will be assessed and handled impartially. Find out more at www.york.gov.uk/4Cs or email: haveyoursay@york.gov.uk.

Any tenant approached by people touting for this work is urged to:

talk to your Housing Management Officer (HMO)

call the police if you feel scared or threatened

always ask to see identification (ID) and check it

call Trading Standards on 0808 223 1133 if these workers at the doorstep claim to be from the Council.
MIL OSI United Kingdom –
July 11, 2025
MIL-OSI Russia: China ready to deepen cooperation with Egypt within the framework of the Belt and Road Initiative – Premier of the State Council of the People’s Republic of China /more details/

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People’s Republic of China – State Council News

CAIRO, July 10 (Xinhua) — China is willing to strengthen cooperation with Egypt under the Belt and Road Initiative in areas including economy, trade, finance, manufacturing, new energy, science and technology, and cultural and humanitarian exchanges, Chinese Premier Li Qiang said in Cairo on Thursday.

As Li Qiang indicated during his meeting with Egyptian President Abdel Fattah el-Sisi, China is ready to encourage more competitive Chinese companies to invest in the Egyptian economy.

Li Qiang conveyed cordial greetings from Chinese President Xi Jinping to A.F. al-Sisi, saying that under the strategic guidance of the two heads of state, China-Egypt relations have been developing rapidly in recent years.

According to the Premier of the State Council, the Chinese side hopes to work with Egypt to take advantage of the 70th anniversary of the establishment of diplomatic relations between the two countries to develop traditional friendship, strengthen political mutual trust and continue to firmly support each other on issues affecting mutual core interests.

China, Li Qiang continued, is willing to work with Egypt to continuously enrich the China-Egypt comprehensive strategic partnership, promote new achievements of bilateral cooperation in various fields, and consistently move towards the goal of building a China-Egypt community with a shared future in the new era.

According to Li Qiang, today’s international situation is characterized by growing turbulence and worsening chaos, in particular, this concerns protracted and intractable conflicts in West Asia and North Africa.

The head of the Chinese government stressed that China is ready to maintain close communication with Egypt and facilitate a speedy end to hostilities in the Gaza Strip.

The Chinese side is also willing to work with Egypt to help alleviate the humanitarian crisis, prevent the spread and escalation of the conflict, and make unremitting efforts for a comprehensive, fair and lasting settlement of the Palestinian issue, Li Qiang noted.

He said China hopes to strengthen communication and coordination with Egypt in multilateral forums including the UN, BRICS and the Shanghai Cooperation Organization to implement genuine multilateralism.

Li Qiang added that China is willing to work with Egypt to promote the building of an equal and orderly multipolar world and an inclusive economic globalization that benefits everyone, and promote the sustainable and long-term development of China-Arab and China-Africa cooperation.

A.F. al-Sisi asked Li Qiang to convey his sincere greetings and good wishes to Xi Jinping, pointing out that under the leadership of President Xi Jinping, China has achieved remarkable achievements in socio-economic development.

China is a sincere friend of Egypt, and since the establishment of diplomatic relations, bilateral ties have consistently developed in a stable and successful manner, the Egyptian leader stated.

In recent years, he particularly noted, Egypt and China, through joint efforts, have established a comprehensive strategic partnership, as a result of which bilateral ties have reached the highest level in history.

A.F. al-Sisi assured that Egypt firmly adheres to the one-China principle and is ready to maintain close high-level exchanges with China, advance the joint construction of the Belt and Road, and deepen cooperation in areas such as economy, trade, investment, new energy, infrastructure and tourism.

According to him, Egypt welcomes the entry of more Chinese enterprises into the Egyptian market and is ready to create favorable conditions for this.

A.F. al-Sisi added that his country supports a number of global initiatives put forward by Xi Jinping and is willing to strengthen multilateral cooperation with China to promote peace and development around the world. –0–

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

.

MIL OSI Russia News –

July 11, 2025
MIL-OSI Russia: China Ready to Deepen Cooperation with Egypt under Belt and Road Initiative – Premier of State Council of China

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People’s Republic of China – State Council News

CAIRO, July 10 (Xinhua) — China is willing to strengthen cooperation with Egypt under the Belt and Road Initiative in areas including economy, trade, finance, manufacturing, new energy, science and technology, and cultural and humanitarian exchanges, Chinese Premier Li Qiang said in Cairo on Thursday.

As Li Qiang indicated during his meeting with Egyptian President Abdel Fattah el-Sisi, China is ready to encourage more competitive Chinese companies to invest in the Egyptian economy.

Li Qiang conveyed cordial greetings from Chinese President Xi Jinping to A.F. al-Sisi, saying that under the strategic guidance of the two heads of state, China-Egypt relations have been developing rapidly in recent years.

According to the Premier of the State Council, the Chinese side hopes to work with Egypt to take advantage of the 70th anniversary of the establishment of diplomatic relations between the two countries to develop traditional friendship, strengthen political mutual trust and continue to firmly support each other on issues affecting mutual core interests.

China, Li Qiang continued, is willing to work with Egypt to continuously enrich the China-Egypt comprehensive strategic partnership, promote new achievements of bilateral cooperation in various fields, and consistently move towards the goal of building a China-Egypt community with a shared future in the new era.

According to Li Qiang, today’s international situation is characterized by growing turbulence and worsening chaos, in particular, this concerns protracted and intractable conflicts in West Asia and North Africa.

The head of the Chinese government stressed that China is ready to maintain close communication with Egypt and facilitate a speedy end to hostilities in the Gaza Strip.

The Chinese side is also willing to work with Egypt to help alleviate the humanitarian crisis, prevent the spread and escalation of the conflict, and make unremitting efforts for a comprehensive, fair and lasting settlement of the Palestinian issue, Li Qiang noted.

He said China hopes to strengthen communication and coordination with Egypt in multilateral forums including the UN, BRICS and the Shanghai Cooperation Organization to implement genuine multilateralism.

Li Qiang added that China is willing to work with Egypt to promote the building of an equitable and orderly multipolar world and an inclusive economic globalization that benefits everyone, and promote the sustainable and long-term development of China-Arab and China-Africa cooperation. –0–

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

.

MIL OSI Russia News –

July 11, 2025
MIL-OSI USA: SBA Relief Still Available to New Jersey Small Businesses and Private Nonprofits Affected by Drought

Source: United States Small Business Administration

ATLANTA – The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit (PNP) organizations in New Jersey of the Aug. 11 deadline to apply for low interest federal disaster loans to offset economic losses caused by drought occurring June 8, 2024.

The disaster declaration covers the New Jersey counties of Atlantic, Camden, Cumberland, Gloucester and Salem; Kent and New Castle counties in Delaware as well as Delaware and Philadelphia counties in Pennsylvania.

Under this declaration SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries and PNPs with 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 small business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

“Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

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 amounts and terms based on each applicant’s financial condition.

To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more 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 Aug. 11, 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 www.sba.gov.

MIL OSI USA News –

July 11, 2025
MIL-OSI: Delixy Holdings Limited Announces Closing of Initial Public Offering

Source: GlobeNewswire (MIL-OSI)

Singapore, July 10, 2025 (GLOBE NEWSWIRE) — Delixy Holdings Limited (Nasdaq: DLXY) (the “Company” or “Delixy”), a Singapore-based company engaged in the trading of oil related products, today announced the closing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares, par value US$0.000005 per share, (“Ordinary Shares”), 1,350,000 of which were offered by the Company and 650,000 by the selling shareholders Mega Origin Holdings Limited (as to 325,000 Ordinary Shares) and Novel Majestic Limited (as to 325,000 Ordinary Shares) (the “Selling Shareholders”), at a public offering price of US$4.00 per Ordinary Share, raising total gross proceeds of US$8 million in the aggregate to the Company and Selling Shareholders.

The Ordinary Shares began trading on the Nasdaq Capital Market on July 9, 2025 under the ticker symbol “DLXY.”

The Company also registered a resale prospectus concurrent with the Offering for the resale of 3,000,000 Ordinary Shares held by Cosmic Magnet Limited, Rosywood Holdings Limited, Dragon Circle Limited, Novel Majestic Limited, and Golden Legend Ventures Limited (the “Resale Shareholders”).

The Company received aggregate gross proceeds of US$5.4 million from the Offering, before deducting underwriting discounts and other related expenses. The Company did not receive any proceeds from the sale of Ordinary Shares offered by the Selling Shareholders or Resale Shareholders in the Offering.

Proceeds from the Offering will be used for: (i) expanding product offerings; (ii) strengthening market position; (iii) potentially making strategic acquisitions and business cooperations, including joint ventures and/or strategic alliances and (iv) general working capital and corporate purposes.

The Offering was conducted on a firm commitment basis. Bancroft Capital, LLC acted as the sole lead underwriter for the Offering. Ortoli Rosenstadt LLP acted as U.S. counsel to the Company, led by William S. Rosenstadt and Mengyi “Jason” Ye, and Nelson Mullins Riley & Scarborough LLP acted as U.S. counsel to the Underwriters, led by W. David Mannheim, Ashley Wu and Kathryn Simons, in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333-283248), as amended, and was declared effective by the SEC on July 8, 2025. The Offering was made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering may be obtained from Bancroft Capital, LLC, 501 Office Center Drive, Suite 130, Fort Washington, PA 19034, or by telephone at +1 (484) 546-8000. In addition, copies of the final prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Delixy Holdings Limited

Delixy Holdings Limited is a Singapore-based company principally engaged in the trading of oil-related products, including (i) crude oil and (ii) oil-based products such as fuel oils, motor gasoline, additives, gas condensate, base oils, asphalt, petrochemicals and naphtha (heavy gasoline). Operating across multiple countries in Southeast Asia, East Asia, and Middle East, Delixy has established a strong presence in the region’s oil trading markets. While Delixy maintains a diversified portfolio of oil products, crude oil trading represents a core aspect of its business. The Company leverages its strong existing relationships with customers and suppliers as well as deep industry expertise to provide value-added services, including tailored recommendations on optimal trading strategies and shipping and logistical support where required. In addition, the Company’s financing capabilities allow it to extend credit terms to customers while satisfying suppliers’ immediate payment terms. For more information, please visit the Company’s website: https://ir.delixy.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can find many (but not all) of these statements by the use of words such as “believe”, “plan”, “expect”, “intend”, “should”, “seek”, “estimate”, “will”, “aim” and “anticipate” or other similar expressions in this prospectus. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Registration Statement and other filings with the SEC.

For media inquiries, please contact:

Delixy Holdings Limited
Investor Relations Department
Email: ir@delixy.com

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

The MIL Network –

July 11, 2025
MIL-OSI: Eagle Bancorp Announces Earnings Call on July 24, 2025

Source: GlobeNewswire (MIL-OSI)

BETHESDA, Md., July 10, 2025 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the Bethesda-based holding company for EagleBank, one of the largest community banks in the Washington D.C. area, today announced that it will host a teleconference call for the financial community on July 24, 2025, at 10:00 a.m. (EDT). On this call, Eagle Bancorp Inc.’s Chief Executive Officer Susan Riel and Chief Financial Officer Eric Newell will discuss earnings for the second quarter 2025 financial results. Those results will be released after the close of business on July 23, 2025.

Interested parties will need to register at the below-noted URL in order to listen and participate in the call. Once a participant registers with a valid email, they will receive a dial-in phone number and unique PIN number which will be needed to access the call. The call will also be available live via webcast on the Company’s website, which is www.EagleBankCorp.com. A replay of the call will be available on the Company’s website through August 7, 2025.

Participant Call Registration Link:
Conference Registration

Webcast Link:
Eagle Bancorp 2nd Quarter 2025 Earnings Conference Call

Caution About Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Company operations and policies and regarding general economic conditions. These forward-looking statements are based on current expectations that involve risks, uncertainties, and assumptions. Because of these uncertainties and the assumptions on which the forward-looking statements are based, actual future operations and results in the future may differ materially from those indicated herein. Readers are cautioned against placing undue reliance on any such forward-looking statements. For details on factors that could affect these expectations, see the risk factors and other cautionary language included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, and other filings with the SEC. Except as required by law, the Company does not undertake to update forward-looking statements contained in this release.

EagleBank Contact
Eric Newell, Chief Financial Officer, Eagle Bancorp, Inc.
240.497.1796

About Eagle Bancorp, Inc. and EagleBank
Eagle Bancorp, Inc. is the holding company for EagleBank, which commenced operations in 1998. EagleBank is headquartered in Bethesda, Maryland, and conducts full service commercial banking through 12 offices, located in Suburban, Maryland, Washington, D.C. and Northern Virginia. EagleBank focuses on building relationships with businesses, professionals and individuals in its marketplace.

The MIL Network –

July 11, 2025
MIL-OSI: 1514341 Ontario Inc. News Release

Source: GlobeNewswire (MIL-OSI)

TORONTO, July 10, 2025 (GLOBE NEWSWIRE) — 1514341 Ontario Inc. (the “Company”) announces that the Company has entered into an agreement with Pasinex Resources Limited (the “Issuer”) to convert an aggregate principal amount of $805,875.15 of debt (the “Settlement Amount”) owing by the Issuer to the Company into common shares of the Issuer (the “Common Shares”) on a non-brokered private placement basis pursuant to the accredited investor exemption in section 2.3 of National Instrument 45-106 – Prospectus and Registration Exemptions (the “Debt Settlement Transaction”). The Company will acquire ownership and control of 10,745,002 Common Shares (the “Settlement Shares”) in exchange for the settlement of the Settlement Amount at a price of $0.075 per Settlement Share.

Prior to acquiring the Settlement Shares, the Acquiror owned and controlled 23,265,815 Common Shares, representing approximately 16.1% of the issued and outstanding Common Shares as of June 30, 2025, on a non-diluted basis. Following the Debt Settlement Transaction, the Company will own 34,010,817 Common Shares representing approximately 19.6% of the outstanding common shares of the Issuer on a non-diluted basis, assuming the simultaneous issuance of Common Shares by the Issuer to other acquirors under similar debt settlement agreements.

The Company is incorporated under the laws of the Province of Ontario, and its principal business is to act as a holding company. Larry Seeley, Chairman of the Issuer, owns all of the common shares of the Company. Mr. Seeley also holds, directly and indirectly, a total of 1,000,000 options to acquire additional Common Shares of the Issuer.

Mr. Seeley also converted $36,000 owed to him into Common Shares at $0.075 per Settlement Share, resulting in Mr. Seeley owning directly and indirectly 34,490,817 Common Shares representing approximately 19.9% of the outstanding common shares of the Issuer on a non-diluted basis assuming the simultaneous issuance of Common Shares by the Issuer to other acquirors under similar debt settlement agreements

The Settlement Shares were acquired by the Company and Mr. Seeley for investment purposes and the Company and Larry Seeley intend to evaluate their investment and to increase or decrease holdings in the future as circumstances warrant. The Settlement Shares were not acquired on a market.

This news release is issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bids and Insider Reporting Issues, which also requires a report to be filed with regulatory authorities in each of the jurisdictions in which the Issuer is a reporting issuer containing information with respect to the foregoing matters (“Early Warning Report“). The Early Warning Report will be filed and made available under the SEDAR+ profile of the Issuer at www.sedarplus.ca. To obtain a copy of the Early Warning Report directly, please contact Larry Seeley at (705) 313-2553.

The head office of the Issuer is 550 Burrard Street, Suite 2900, Vancouver, British Columbia, Canada V6C 0A3.

1514341 Ontario Inc.

“Larry Seeley”

___________________________

Larry Seeley, President

The MIL Network –

July 11, 2025

MIL-OSI: Semi Annual Report 2025

Source: GlobeNewswire (MIL-OSI)

Lysaker, 10 July 2025

The semi annual report for securities funds managed by Storebrand Asset Management AS was approved by the Board of Directors today, and has now been released (only in Norwegian language).

The report includes the below 10 funds which are listed on Nasdaq Copenhagen, and can be downloaded here, or at www.storebrand.com.

Regards

Storebrand Asset Management AS

Contacts:

Henrik Budde Gantzel, Director, henrik.budde.gantzel@storebrand.no

Frode Aasen, Product Manager, fdc@storebrand.com

Fund name and share class	Symbol	ISIN
SKAGEN Focus A	SKIFOA	NO0010735129
SKAGEN Global A	SKIGLO	NO0008004009
SKAGEN Kon-Tiki A	SKIKON	NO0010140502
SKAGEN m2 A	SKIM2	NO0010657356
SKAGEN Vekst A	SKIVEK	NO0008000445
Storebrand Indeks – Alle Markeder A5	STIIAM	NO0010841588
Storebrand Indeks – Nye Markeder A5	STIINM	NO0010841570
Storebrand Global ESG Plus A5	STIGEP	NO0010841604
Storebrand Global Solutions A5	STIGS	NO0010841612
Storebrand Global Multifactor A5	STIGM	NO0010841596

Storebrand is Norway’s largest private asset manager with an AuM of around DKK 900 billion, and a leading Nordic provider of sustainable pensions and savings. The company has been a global pioneer in ESG investing for over 30 years, offering broad and scalable solutions for both institutional and private investors in the Nordic region and other European countries. In Denmark, Storebrand delivers sustainable investment solutions and client value through a multi-boutique platform, with the brands Storebrand Funds, SKAGEN Funds, Cubera Private Equity, Capital Investment and a majority ownership of AIP.

Attachment

Halvårsrapport 2025

The MIL Network –

July 11, 2025

MIL-OSI Submissions: Devil worship, muti and murder: what’s behind the growth of occult gangs in South Africa?

Source: The Conversation – Africa – By Ashwill Ramon Phillips, Lecturer and Postgraduate Supervisor, Department of Criminology, University of the Free State

Gang-related crime in South Africa is widespread, but is under-reported outside hotspots such as the Cape Flats in Cape Town or Westbury in Johannesburg. In these areas gangs are deeply rooted and contribute to ongoing violence, drug trafficking and territorial conflict.

But gangs have continued to evolve and gang violence has consistently increased throughout South Africa, particularly in the Gauteng and Free State provinces. In the Free State in the east-central part of the country, devil-worshipping and witchcraft-related gang practices have been reported.

Gang-related violence is fuelled by poverty, social exclusion, unemployment and the need for protection from rival gangs.

Read more:
Here’s how some of Cape Town’s gangsters got out – and stayed out

In my doctoral study in criminology, I explored the phenomenon of occult-inspired gangs in the Free State. I interviewed 23 active gang members, 16 offenders who weren’t affiliated to gangs, and 18 service providers like social workers and correctional officials working with these groups.

In a more recent study I developed a typology of occult gangs: a framework that captures their structure, symbolism, hierarchy and spiritual practices.

This matters because in order to prevent gang-related crime it is essential to understand how they operate.

The rise of Free State occult gangs

In 1997, a South African Police Service investigation uncovered a so-called devil worshipping group or “evil church” that had migrated from parts of northern Africa and established itself in Maseru, Lesotho (South Africa’s neighbour). This group reportedly blended occult practices with traditional African witchcraft. This led local communities to label it as a devil-worshipping gang.

Since 2011, groups like this have expanded across the Free State. There are now about 40 such gangs active in the province, as reported by the police and confirmed in my research. Some of the better known gangs are the Triple 6 (666), Born-To-Kill (BTK), Natural Born Killers (NBK), International Junior Portuguese (IJP), and Maroma (Romans/Romas).

More typical street gangs are mostly known for expanding their territory through profit from the drug trade and extortion. But these Free State gangs incorporate spirituality and esoterism (special hidden knowledge) to assert dominance, foster cohesion and generate fear within communities.

They engage in serious crimes including murder, organ trafficking and rape. They are particularly known for acts such as ritual stabbings, cannibalism, and alleged communication with demonic forces.

The communities in which these groups operate, and gang members themselves, refer to them as “devil worshipping gangs”. This is because of the explicit link between certain gang-related practices and satanism, or the worship of the devil as depicted in the Christian bible.

Some groups merge beliefs and rituals related to Satan and anti-Christianity with witchcraft. Or they use symbols commonly associated with satanism such as “666” and inverted crosses. But labelling all such groups as “devil worshipping gangs” is misleading. The term “occult gangs” better captures the range of practices involved.

While both devil worshipping and witchcraft-related practices can play a role in criminal gang activity, they differ in origin and form. Devil worshipping draws from western occult traditions, using symbols and rituals to strengthen gang identity. Witchcraft-based practices typically involve the malicious use of muti (traditional African medicine) and muti murders (murders for body parts to use in muti). As one participant told me:

Yes, there are gangs that believe in muti. There are also gangs that believe in the devil. IJP and Roma believe in muti, while BTK and Triple 6 believe in getting power from the devil. They say they speak to Lucifer to give them powers.

So, infamous gangs in the Free State are not only dreaded for their brutality but also for their reported links to ritual murder, blood oaths, the use of muti and the consumption of human organs and blood. According to my research these activities have progressed from being viewed as urban legends and community myths to becoming lived realities.

Inside the gangs

My gang typology study sample consisted of 39 male offenders, aged 14 to 38. Participants were either serving sentences or awaiting trial for serious offences such as murder, rape and armed robbery.

The gang members spoke openly about seeking power through supernatural means. Some believed that consuming blood and participating in occult rituals could make them invisible to police and invincible against their enemies. As one told me:

The minute you drink blood you are invoking spirits to become part of you, demons to become part of you, and give you the powers that you need to do what you have to do…

Ritual stabbings, inverted crosses, and the “mark of the beast” (“666”) were part of their gang symbolism – seen in gang graffiti and tattoos and furthered by involvement in spiritual gatherings and the use of muti.

These elements form part of a shared gang ideology that offers meaning, identity and purpose to marginalised young people. I found that the gang members in my studies often lacked family support, social support or significant formal education.

To prevent young people from joining gangs, it is crucial to understand what pulls them in. Several participants described joining gangs not only for wealth, protection or status, but for a sense of spiritual power. Especially in communities where traditional religion, ancestral beliefs and Christian teachings coexist and sometimes collide.

My typology of occult gangs has the potential to inform targeted prevention programmes, rehabilitation efforts and policing strategies that take the spiritual realities of gang members seriously.

A new approach to fighting crime is needed

The rise of occult gangs has now progressed beyond the Free State. Similar trends are observed in the Eastern Cape, Northern Cape, Gauteng and Western Cape provinces.

The intersection of faith, fear and violence in these gangs challenges mainstream approaches to crime prevention. Traditional anti-gang strategies assume that gangs are driven mainly by socioeconomic factors or rational incentives. They fail to account for spiritual motivations and metaphysical beliefs.

The presence of ritual elements complicates investigations and amplifies fear. It makes gangs seem more powerful than they are.

At the same time, public institutions such as the police and social workers often lack the frameworks and cultural sensitivity to address the spiritual dimensions of the offences perpetrated by these groups.

The struggle with the occult gangs in South Africa mirrors similar challenges in other countries, like Nigeria, the DRC and Haiti, where spiritual symbolism and ritualised violence are central to gang identity.

Effective interventions must include culturally grounded strategies to help members disengage from gangs, involving traditional leaders, healers, faith-based actors and mental health professionals.

Read more:
Rituals, rites and rumours: how women claim power in Zimbabwe’s informal gold mines

By addressing the spiritual, social, and psychological dimensions of gang involvement, more sustainable pathways out of these groups can be created.

Gang violence in South Africa is evolving, and so must the response. It shouldn’t just punish young offenders, but offer them a genuine alternative.

Ashwill Ramon Phillips 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. Devil worship, muti and murder: what’s behind the growth of occult gangs in South Africa? – https://theconversation.com/devil-worship-muti-and-murder-whats-behind-the-growth-of-occult-gangs-in-south-africa-260141

MIL OSI –

July 11, 2025
MIL-OSI Submissions: TikTok users in Ghana and Zimbabwe enjoy making fun of government – why it can have a downside
Source: The Conversation – Africa – By Jacob Nyarko, Lecturer of Communication Studies, University of Cape Coast

Browse the internet or turn on the global news and chances are the coverage of Africa you find is about war, coups, displaced populations and disease.

Generally, the west and its media are blamed for this negative, Afropessimistic portrayal of the continent.

Africans have taken strategic steps to repair this negative narrative. An example is the Africa Rising campaign. It was launched in 2000 by a coalition of African activists and organisations. Its objective was to highlight the role of Africa in global development and encourage Africans at home and the diaspora to contribute positively. Social media platforms played a large role in content distribution and messaging. The success of this campaign is still the subject of debate.

Read more:
Western media outlets are trying to fix their racist, stereotypical coverage of Africa. Is it time African media did the same?

As communication scholars, we were intrigued by the visual appeal of the social media platform TikTok. With our area of expertise being Ghana and Zimbabwe respectively, we were interested in how citizens of these countries were using the popular TikTok app to report on themselves.

Our study explored the self-critical content that many Africans share on TikTok. We found that TikTok posts and comments by Ghanaian and Zimbabwean creators generated entertaining information. We call this “fun journalism”. TikTokers use it to comment on important issues, but the way they do it could also harm the reputation of the two countries and influence decisions in unintended ways.

Fun journalism and reputation

As a creative and innovative platform, TikTok has enabled users to produce multimedia materials and share them across the globe for fun and entertainment. According to the Digital 2025: Ghana report by Datareportal, 81% of Ghanaians aged 16 and over use the internet to access TikTok monthly. That makes it the second most popular platform after WhatsApp (93%). Zimbabwe has 2.05 million TikTok users aged 18 and above, according to tech data aggregator Datareportal.

Studies show that users tend to “play” with social media, even when they use it for serious things. Our study showed that the fun videos uploaded by TikTokers from Ghana and Zimbabwe covered serious issues like security, education, sanitation, corruption, entertainment, religion and sports.

Read more:
Nigerian TikTok star Charity Ekezie uses hilarious skits to dispel ignorance about Africa

For example, one Ghanaian TikTok video compares how a Ghanaian and a European would react if they picked up money that someone had lost. The video suggests an African would keep the money, while a European would try to locate the original owner.

In many instances, users ridiculed their countries and fellow citizens. They compared African conditions to the global north in ways that degraded local endeavours. For example, in one TikTok video, a user imitated Zimbabwean president Emmerson Mnangagwa having difficulties explaining the number of zeroes in a million. This gave the impression that he was semi-literate and out of his depth.

We found that, generally, the entertaining discourses on TikTok were laden with insults and critiques of government. Though some of the content raised legitimate concerns, it seldom offered solutions to the identified challenges. This suggested that TikTok content that jokingly covered significant national development issues eroded reputational gains made by the two countries by framing them negatively. We cite several examples in the study.

Comparing this phenomenon to other countries, a study on Chinese uploads onto TikTok showed the following results: 41% positive, 53% neutral and 6% negative.

Self-ridiculing factors and misinformation

TikTokers ridiculed the reputation of Ghana and Zimbabwe in three ways:
- Exaggerated production of video content. This includes emotional background sounds, tone of voice, slang, animation, unfavourable shooting locations and poor video quality
- comparing African countries to foreign conditions
- generating unfavourable comments.
“Fake news” has become an integral part of social media, raising doubts about the credibility of information generally. We argue that such content should no longer be seen as harmless humour.

link text

Implications and measures

As the press freedom rankings of both countries fall, TikTok can be a safe, open space for citizens to raise important public concerns.

The platform makes space for a diversity of opinions from the youthful populations found in the two countries. This is important for communication and building consensus in development.

We argue that TikTokers should be encouraged to offer constructive criticisms of their countries and propose solutions instead of insults.

Policy makers should tap into the vast repository of “fun” information published on TikTok for development. The opinions expressed by citizens online are a helpful reflection of societal needs. This can be taken into consideration when formulating policies.

Read more:
How memes in the DRC allow people to laugh at those in power – and themselves

Mainstream professional media could adopt the fun journalism model to tell serious stories in ways that boost development and reputation. The platform’s wide usage will make information accessible to a large audience.

Media regulatory bodies, nongovernmental organisations and civil society groups are encouraged to educate netizens to publish critical and progressive stories about their countries. This can help combat misinformation and disinformation on social media, particularly TikTok.

Finally, governments should take steps to positively project their respective countries to the world. They could run educational programmes to inculcate a sense of patriotism and identity to rekindle the initiatives that Africa Rising advocated.

Jacob Nyarko receives funding from the University of Cape Coast, Ghana for this work.

Oswelled Ureke 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. TikTok users in Ghana and Zimbabwe enjoy making fun of government – why it can have a downside – https://theconversation.com/tiktok-users-in-ghana-and-zimbabwe-enjoy-making-fun-of-government-why-it-can-have-a-downside-259734
MIL OSI –
July 11, 2025
MIL-OSI Africa: Organization of the Petroleum Exporting Countries (OPEC) Must Lead the Charge to Reverse Global Fossil Fuel Financing Bans

Source: APO

.

The African Energy Chamber (AEC) (www.EnergyChamber.org) – the voice of the African energy sector – is urging OPEC member states and their allies to take decisive action to reverse global bans on fossil fuel financing and champion Africa’s right to develop its oil and gas resources. As the 9th OPEC International Seminar convened on Tuesday in Vienna, the Chamber reiterated that it is time to urgently put upstream financing back on the table and push back against policies that deny African nations the capital needed to industrialize, grow and lift millions out of poverty.

For too long, Africa has borne the brunt of contradictory global energy policies. While developed nations continue to fast-track public and private investments into natural gas to bolster their own energy security, multilateral institutions enforce blanket bans on upstream oil and gas financing that disproportionately restrict African countries. In 2019, the European Investment Bank announced it would end fossil fuel financing by 2021, a position echoed by several European development agencies and financial institutions. The World Bank followed suit, gradually phasing out support for oil and gas and culminating in a near-total exclusion of upstream fossil fuel investments. While these policies may align with net-zero targets in wealthy economies, in Africa, they are actively obstructing access to energy, job creation and industrial growth.

Yet even as development finance dries up abroad, Europe has made clear exceptions for itself. Under its 2022 Taxonomy for Sustainable Activities, the EU classified certain natural gas and nuclear investments as “transitional” – opening the door for continued funding within its borders. The result is a glaring double standard: natural gas is deemed essential for energy security in Berlin and Brussels, but off-limits in Lagos or Dakar. This hypocrisy must be addressed if the global energy transition is to be just and equitable.

Africa holds more than 125 billion barrels of proven oil reserves and over 620 trillion cubic feet of natural gas, yet over 600 million Africans lack access to electricity, and more than 900 million lack access to clean cooking fuels. In this context, African nations need robust investment in oil and gas infrastructure – not ideological restrictions that ignore the realities on the ground.

“What Africa needs right now is to drill, baby, drill. Most of our multilateral institutions don’t finance oil and gas – they say it’s wrong. It’s extremely hypocritical. Denying fossil fuel investment is denying economic justice, food security and a pathway out of poverty for millions,” said NJ Ayuk, Executive Chairman of the AEC. “We can’t keep apologizing for oil. No country in the world has developed through renewables alone. OPEC members must pressure institutions like the World Bank to lift their financing bans and support Africa’s right to industrialize.”

At the OPEC Seminar, the AEC urged producing countries to rally around three urgent financial priorities. First, OPEC members must press the World Bank and other multilateral institutions to lift harmful financing restrictions on fossil fuels. It is untenable that the World Bank – originally established to support post-war reconstruction and global development – continues to deny funding for upstream oil and gas projects across Africa. With recent signals from Bank leadership hinting at a possible policy shift, now is the time for oil-producing nations to push for a reversal that puts energy access and economic transformation in the Global South at the center of development finance.

Second, OPEC countries – with their sovereign wealth funds and surplus revenues – are uniquely positioned to create a dedicated investment vehicle for fossil fuel development in underfunded markets. An OPEC-led facility focused on financing strategic upstream projects could prove instrumental in unlocking capital for bankable ventures across Africa. Such a fund would not only accelerate production but also help stabilize global supply and pricing.

Finally, the Chamber emphasizes the need for a pragmatic, dual-track approach to the energy transition that recognizes the differing realities of the Global North and South. While developed nations move toward decarbonization, Africa must prioritize industrialization and energy security. Natural gas – abundant, reliable and cleaner-burning than coal – offers a critical bridge fuel to power fertilizer production, manufacturing, petrochemicals and regional electricity networks.

True climate justice must include energy justice, which means recognizing Africa’s right to harness its resources, grow its economies and meet the needs of its people on its own terms. Africa does not need charity; it needs capital. As the voice of Africa’s energy sector, the Chamber stands firm in its call for OPEC producers and the World Bank to help deliver it.

Distributed by APO Group on behalf of African Energy Chamber.

MIL OSI Africa –

July 11, 2025
MIL-OSI USA: Duckworth Votes Against Bryan Bedford’s Nomination to Serve as FAA Administrator

US Senate News:

Source: United States Senator for Illinois Tammy Duckworth

July 09, 2025

Bedford’s refusal to commit to protecting 1,500-hour pilot training standards that help keep the flying public safe raises serious, and unanswered, questions

[WASHINGTON, D.C.] – Today, U.S. Senator Tammy Duckworth (D-IL)—Ranking Member of the U.S. Senate Commerce Subcommittee on Aviation—voted against Bryan Bedford’s nomination to serve as FAA Administrator. Senate Republicans confirmed Bedford by a vote of 53-43.

“At this critical moment for aviation safety, it is deeply disturbing that Senate Republicans just confirmed someone who refused to commit to upholding the 1,500-hour pilot training requirement. With a surge in near-misses, an air traffic controller shortage, aging air traffic control equipment and facilities—and in the wake of the first major deadly commercial crash in more than a decade, now is clearly not the time to weaken flight hour requirements for our nation’s aspiring airline pilots.

“Incident after incident, it has been pilots who have made last second decisions to avert disaster. Well-trained pilots are our last line of defense, and I could not vote for a nominee who as a corporate executive prioritized—and gained notoriety for—his failed effort to convince the FAA to exempt him from the 1,500-hour rule and let him hire less experienced pilots.

“Americans do not want less-trained, less-prepared pilots in the cockpit flying their planes. As he assumes this important role, Mr. Bedford must abandon any plan to weaken our gold standard in pilot training and put the safety of the flying public first.”

In light of Bedford’s previous comments and actions against the 1,500-hour rule, Duckworth underscored at his nomination hearing that he would unilaterally attempt to weaken this standard and produce less-prepared pilots despite the serious challenges our nation is facing with regard to aviation safety. When Duckworth asked Mr. Bedford for his commitment to not reduce the 1,500-hour rule if confirmed, Mr. Bedford refused to commit.

In 2022, while Bedford was CEO of Republic Airways, the airline asked the FAA for an exemption to the 1,500-hour requirement for graduates from the airline’s training academy. The airline argued its graduates needed only 750 hours of flight time to become first officers, but FAA rejected the application, finding it did not provide an equivalent level of safety.

The families of the Colgan Air Flight 3407 crash also announced their opposition to Bedford’s nomination.

For years before the deadly DCA crash, Duckworth has been sounding the alarm that we must make critical aviation safety investments to prevent all-too-often near-misses from becoming catastrophic tragedies. Last Congress, Duckworth chaired two CST Aviation Subcommittee hearings—one last December and the other a year prior—to address our aviation industry’s chilling surge in near-deadly close calls and underscore the urgent need to improve air traffic control systems to protect the flying public.

Duckworth helped author the landmark bipartisan FAA Reauthorization Act of 2024 that was signed into law last year and included several of her provisions to safeguard the 1,500-hour rule, improve safety, expand the aviation workforce and enhance protections for travelers with disabilities.

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MIL OSI USA News –

July 11, 2025
MIL-OSI USA: Announcing the Tariff Resource Guide

Source: US State of New York

mid the economic turmoil created by President Trump’s chaotic tariffs, Governor Kathy Hochul today announced a new tariff resource guide to keep New Yorkers up-to-date on programs available for business owners who have been impacted by tariffs. Additionally, the Governor announced a survey to allow business owners the opportunity to share how their businesses have been impacted by the federal government’s recently announced tariffs.

“New Yorkers and business owners all across the state have felt a sense of uncertainty when it comes to the impacts of President Trump’s callous tariffs on our imported goods,” Governor Hochul said. “No business should have to close shop due to these unfair and unwanted taxes that were imposed on states by the Trump administration. This resource guide will help provide individuals with the guidance they need to lower potential risk to their businesses and give New Yorkers a better understanding of how tariffs can impact them.”

Tariffs Impacts on the Economy and Tourism
Governor Hochul has heard from small and mid-sized businesses across the state who are worried about rising costs and their future. A recent survey from the National Small Business Association found that the majority of small businesses are concerned about tariffs and one in three are very concerned. Examples include North Country manufacturer Alcoa, which took an estimated $20 million hit on imports from Canada, and North Country Golf Club which is facing declines in businesses due to the decline in tourism from Canada.

Due to the tariff trade war with Canada, New York’s number one trade partner, and the rhetoric that Canada could be the “51st state,” impacts are widespread. Visitors from Canada are avoiding the U.S. and New York State. Overall, cross-border traffic from Canada has plummeted since Trump implemented his tariff policies. The most recent data shows that there were 400,000 fewer Canadian visitors in May compared to the same period in 2024. Bridge crossings over the Ogdensburg Bridge and the Champlain crossing in May were down 30 percent during that same time period from last year. In a recent North Country Chamber of Commerce survey, 66 percent of tourism businesses report a drop in Canadian customers and one in four businesses in the region may cut staff as a result. Reservations are down at hotels, campgrounds, local marinas, golf courses and other businesses that rely on visitors from Canada.

MIL OSI USA News –

July 11, 2025
MIL-OSI USA: Announcing the Tariff Resource Guide

Source: US State of New York

mid the economic turmoil created by President Trump’s chaotic tariffs, Governor Kathy Hochul today announced a new tariff resource guide to keep New Yorkers up-to-date on programs available for business owners who have been impacted by tariffs. Additionally, the Governor announced a survey to allow business owners the opportunity to share how their businesses have been impacted by the federal government’s recently announced tariffs.

“New Yorkers and business owners all across the state have felt a sense of uncertainty when it comes to the impacts of President Trump’s callous tariffs on our imported goods,” Governor Hochul said. “No business should have to close shop due to these unfair and unwanted taxes that were imposed on states by the Trump administration. This resource guide will help provide individuals with the guidance they need to lower potential risk to their businesses and give New Yorkers a better understanding of how tariffs can impact them.”

Tariffs Impacts on the Economy and Tourism
Governor Hochul has heard from small and mid-sized businesses across the state who are worried about rising costs and their future. A recent survey from the National Small Business Association found that the majority of small businesses are concerned about tariffs and one in three are very concerned. Examples include North Country manufacturer Alcoa, which took an estimated $20 million hit on imports from Canada, and North Country Golf Club which is facing declines in businesses due to the decline in tourism from Canada.

Due to the tariff trade war with Canada, New York’s number one trade partner, and the rhetoric that Canada could be the “51st state,” impacts are widespread. Visitors from Canada are avoiding the U.S. and New York State. Overall, cross-border traffic from Canada has plummeted since Trump implemented his tariff policies. The most recent data shows that there were 400,000 fewer Canadian visitors in May compared to the same period in 2024. Bridge crossings over the Ogdensburg Bridge and the Champlain crossing in May were down 30 percent during that same time period from last year. In a recent North Country Chamber of Commerce survey, 66 percent of tourism businesses report a drop in Canadian customers and one in four businesses in the region may cut staff as a result. Reservations are down at hotels, campgrounds, local marinas, golf courses and other businesses that rely on visitors from Canada.

MIL OSI USA News –

July 11, 2025
MIL-OSI: American Rebel Holdings, Inc. (NASDAQ: AREB) Announces American Rebel Light Beer Distribution Expansion: Rebel Light Launches in Mississippi with Clark Beverage Group, Inc.
Source: GlobeNewswire (MIL-OSI)

“Rebel Light” rollout momentum continues and now includes Mississippi in partnership with Clark Beverage Group, bringing America’s Patriotic Beer to Mississippi tailgates, retailers, and proud Rebels everywhere

NASHVILLE, TN, July 10, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB), maker of America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer, proudly announces its expansion into Mississippi as part of its ongoing national rollout of American Rebel Light Beer (americanrebelbeer.com). This marks the latest milestone in the company’s rapid growth, bringing the nation’s fastest-growing beer to yet another proud patriotic state.

American Rebel Beverage has partnered with a division of Clark Beverage Group, Inc. (ccclark.com) to bring Rebel Light to retailers, bars, and consumers across Mississippi. Clark Beverage Group, with over 120 years of family-operated excellence, is one of the largest and most respected independent beverage distributors in the Southeast. Founded in 1903 by Carsie C. Clark in Martin, Tennessee, the company has become a regional powerhouse, serving over 85 counties across five states. Their legacy of strong community values, operational excellence, and regional influence makes them a natural and strategic partner for American Rebel.

“We are thrilled to partner with Clark Beverage Group to bring American Rebel Light to Mississippi,” said Todd Porter, President of American Rebel Beverage. “Clark’s history, reputation, and footprint across the Southeast make them an ideal partner as we continue executing our strategic national expansion. Mississippi embodies the spirit of our brand: proud tradition, deep-rooted values, and patriotic pride.”

“Mississippi reflects everything our beer stands for – pride in tradition, strength of character, and love of country,” added Porter. “We’re honored to raise a toast with Mississippians and continue building a nationwide community of Rebels who know that real beer reflects real values.”

“I’m excited to bring American Rebel to the land of the Ole Miss Rebels – where pride runs deep, tradition lives loud, and freedom always finds a home,” said Andy Ross, CEO of American Rebel Holdings. “There’s nothing more American than raising a cold one that stands for what matters. It’s a cold can of conviction – America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer – brewed for those who don’t back down and won’t blend in.”

The Mississippi launch is strategically important to American Rebel. With its rich culture, loyal consumers, and strong beverage retail landscape, Mississippi offers the ideal platform to scale both brand recognition and sales. American Rebel Light will be available in 12 oz 12-packs and 16oz Tall Boys, supported by in-store displays, on-premise promotions, and sponsorships that align with both the brand’s patriotic identity and Mississippi’s unique character.

American Rebel Light is a Premium Domestic Light Lager: crisp, clean, and bold with a lighter feel. With approximately 100 calories, 3.2g carbs, and 4.3% ABV per 12oz serving, it is brewed with all-natural ingredients and no added corn, rice, or sweeteners often found in mass-market beers.

This Mississippi launch adds to the fast-growing footprint of American Rebel Light, which has expanded rapidly since its debut in September 2024. The brand is already available in Tennessee, Kentucky, North Carolina, Florida, Indiana, Ohio, Missouri, Iowa, Connecticut, Virginia, and Kansas. With new states onboarding monthly, American Rebel is quickly becoming America’s next great company in the beer and beverage industry.

About American Rebel Holdings, Inc. (NASDAQ: AREB)

American Rebel began as a designer and marketer of branded safes and personal security products and has since grown into a diversified patriotic lifestyle company with offerings in beer, branded safes, apparel, and accessories. With the introduction of American Rebel Light Beer, the company is now making waves in the beverage space. Learn more at americanrebel.com/investor-relations.

Watch the American Rebel Story as told by our CEO Andy Ross visit The American Rebel Story

About American Rebel Light Beer

American Rebel Light is more than just a beer – it’s a celebration of freedom, passion, and quality. Brewed with care and precision, our light beer delivers a refreshing taste that’s perfect for every occasion.

Since its launch in September 2024, American Rebel Light Beer has rolled out in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Florida, Indiana, Virginia and now Mississippi. For more information about the launch events and the availability of American Rebel Beer, please visit americanrebelbeer.com or follow us on our social media platforms (@americanrebelbeer).

American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.

For more information about American Rebel Light Beer follow us on social media @AmericanRebelBeer.

Media Inquiries:
Matt Sheldon
Matt@Precisionpr.co
917-280-7329

Distribution Opportunities:
Todd Porter
President, American Rebel Beverage
tporter@americanrebelbeer.com

Investor Relations:
ir@americanrebelbeer.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc. (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts,” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements.

We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of our continued sponsorship of high profile events, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Report on Form 10-Q for the three months ended March 31, 2025.

Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

Attachment
- American Rebel Holdings Inc
The MIL Network –
July 11, 2025

Series	RIKV 25 1119
ISIN	IS0000037547
Maturity Date	11/19/2025
Auction Date	07/14/2025
Settlement Date	07/16/2025

Category: Business

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Bedford’s refusal to commit to protecting 1,500-hour pilot training standards that help keep the flying public safe raises serious, and unanswered, questions