What if your income tax didn’t go to the government but into your own savings account? A bold proposal makes the case.
New Zealand’s ageing population and ballooning welfare and health costs are piling pressure on the public purse.
In response, former Minister of Finance Sir Roger Douglas and University of Auckland economics professor Robert MacCulloch are reimagining their ambitious 2016 proposal to overhaul the country’s tax, health and welfare systems by shifting income taxation to mandatory savings.
In their research article, the pair argue that income tax on earnings up to $60,000 should be redirected into individual savings accounts. These accounts would fund each person’s healthcare, pension and risk cover, replacing much of the current public system with private provision.
By 2060, 26 percent of New Zealanders will be over 65, up from 16 percent in 2021, which will intensify the strain on superannuation and healthcare.
“We need to change the way we’re doing things so government costs can be reduced, quality of outcomes increased, and the plight of low earners, who are most vulnerable to public cuts, improved,” say Douglas and MacCulloch in their paper How to change the welfare state from a taxation to a savings-based model.
The economists attempt a politically feasible plan that maintains total welfare funding from both public and private sources, while opening up more choice and competition in the supply of healthcare services.
“We need to adjust the tax system so the vast majority of New Zealanders of working age can provide for themselves,” says MacCulloch. “The first step is to build mandatory savings accounts for health, pensions and risk cover via the transfer into them of current taxes paid on income up to $60,000.”
According to their model, an individual could save around $21,000 annually: $9,450 into a health account, $7,350 for superannuation, and $4,200 for risk cover.
A drop in corporate taxes would help fund employer contributions, and the government would retain sufficient tax revenues so it could act as ‘insurer of last resort’, paying for people who can’t meet their welfare costs out of their savings accounts.
“Our savings-not-taxation reform offers scope for efficiency gains in healthcare. It does so by opening up choice for individuals,” says MacCulloch.
“Rather than the government dictating where to go, people can choose their preferred public or private supplier.”
The researchers point to Singapore, which employs mandatory savings accounts and has one of the highest-quality healthcare systems in the world, yet spent 5.6 percent of its GDP on healthcare in 2021 (including both public and private sectors), compared to New Zealand’s 10.1 percent.
“Our reform keeps the pension but would raise the retirement age gradually from 65 to 70 years old over a 20-year period,” says MacCulloch.
The authors would do away with fee subsidies and interest-free loans for tertiary students from well-off families. Instead, a means test would see only students from low-income, low-capital families receive aid.
They would scrap grants to the movie industry, winter energy subsidies to wealthy households, favourable tax treatment for owners of rental housing, and allowances to sectors such as forestry, fishing, and bloodstock.
The money saved from these changes would be directed towards helping low earners build savings and cover the welfare needs of those who are chronically unwell.
“Perhaps more than any other feature of our reform, it’s the ‘miracle of compound interest’ that governments like New Zealand’s are not taking proper advantage of,” says MacCulloch. “If we can do this, it’ll help our financial situation.”
MacCulloch notes that the proposal isn’t without flaws, but says bold change and ideas are needed, and fast, if Aotearoa New Zealand is to create a resilient economy in the face of an ageing population.
Source: United States House of Representatives – Representative Byron Donalds (R-FL)
Donalds Leads Coalition To Increase Access To Capital For Small Businesses And Small Banks
Washington, April 11, 2025
WASHINGTON – Congressman Byron Donalds (R-FL) has introduced transformative legislation to increase access to capital for small businesses and small banks. H.R. 2835 – “The Small Bank Holding Company Relief Act” is the 14th piece of legislation introduced by Congressman Donalds during the 119th Congress, is co-led by Congressman Mike Haridopolos (R-FL), and has received the support of Congressman Frank Lucas (R-OK).
Specifically, the “The Small Bank Holding Company Relief Act” raises the consolidated asset threshold of Bank Holding Companies (BHCs) to qualify as Small Bank Holding Companies (SBHCs) from $3 billion to $25 billion. Raising the asset threshold for SBHC would enable more banks to operate at higher debt levels, which can allow them to raise capital more cheaply.
SBHCs are allowed to operate at higher levels of debt which can be used to capitalize the bank subsidiary—promoting growth and lending. This legislation does not change capital rules and regulations for subsidiary banks. Congressman Donalds released the following statement:
“Under the crushing. regulatory regime of President Biden, the American Dream was out of reach for millions of ambitious entrepreneurs across our nation. Under President Trump, we are putting the American people first again and unleashing prosperity. This is why I’m proud to introduce ‘The Small Bank Holding Company Relief Act’ alongside Congressman Haridopolos. This legislation will increase much-needed access to capital for small businesses and small banks. The American Dream is for all Americans, and with increased access to capital, what once were just dreams will become reality.”
Background:
Bank Holding Companies are corporations that own controlling interests in one or more banks, but they do not offer banking services themselves.
Currently, a Bank Holding Company must have less than $3 billion in consolidated assets to qualify as a Small Bank Holding Company.
Small Bank Holding Companies are exempt from the Federal Reserve’s risk-based capital and leverage rules.
Source: United States House of Representatives – Representative Byron Donalds (R-FL)
WASHINGTON – Congressman Byron Donalds (R-FL) has introduced bicameral legislation to prevent the federal government from imposing burdensome restrictions on how Americans can invest into their self-directed 401Ks.
H.R. 2544 – “The Financial Freedom Act of 2025” is the 13th piece of legislation introduced by Congressman Donalds during the 119th Congress and is co-led by Senator Tommy Tuberville (R-AL) in the United States Senate.
Specifically, the “Financial Freedom Act of 2025” would prevent overreaching and burdensome restrictions on investments made in a self-directed 401(k) account and prohibits the Department of Labor from limiting the types of investments that self-directed 401(k) account investors can choose to invest through a brokerage window. American investors who have chosen to personally oversee their retirement account should control their financial destiny—not government bureaucrats.
“Over the past four years, we have seen the Left repeatedly wield the heavy hand of the federal government and attempt to cut-off industries such as digital assets and fossil fuels from the financial system,” said Congressman Byron Donalds (R-FL).“Hardworking Americans from all walks of life deserve the economic liberty to control their own fiscal future. That is why I’m proud to join Senator Tuberville in introducing the Financial Freedom Act. This legislation will protect retirement accounts from unelected Washington bureaucrats and ensure Americans can invest as they see fit.”
“Folks work for decades, live within their means, and invest wisely so they can retire comfortably,” said Senator Tommy Tuberville (R-AL). “Now, the Biden administration has taken it upon itself to dictate what assets are viewed worthy of retirement investment, taking the decision away from individual investors by issuing regulatory guidance targeting cryptocurrency. This is government overreach at its finest. The government has no business standing in the way of retirement savers who want to make their own investment choices. When you’ve earned your paycheck, how you invest your money should be your decision. My legislation makes sure that is the case.”
Background:
In 2022, the Biden administration’s Department of Labor sought to impose new regulatory and investigatory burdens on employers and financial firms that allow investors to self-direct their retirement investments through a brokerage window.
401(k) retirement savers have a legal right, where permitted by their employer-sponsored retirement plan, to invest the money they have worked tirelessly to earn as they choose.
The DOL, nor any other government agency, should not be able to prohibit Americans with self-direct retirement accounts from investing in a major asset class.
With Republicans in control the immediate threat of this overregulation is zero, however the Financial Freedom Act would protect industries—such as fossil fuels or gun company stocks, from being targeted by the Left in the future.
More:
Read Text of the Donalds “Financial Freedom Act” HERE.
See Congress.gov Bill Profile of the Donalds “Financial Freedom Act” HERE.
See Congress.gov Bill Profile of the Tuberville Senate Companion Bill###
Source: United Kingdom – Executive Government & Departments
Press release
New action to tackle illegal and exploitative children’s homes
Up to 200 places will be created for vulnerable children in council-run high-quality children’s homes with £53 million
The most vulnerable children in society will be better protected from unsafe, illegal children’s homes thanks to over £53 million investment from the government to create 200 new placements in high-quality council-run homes through its Plan for Change.
For the first time, the government has specifically targeted funding at children who have such complex needs that they are at risk of, or have been, deprived of their liberty.
Children in these situations need extra support from social workers and care teams to stop them running away from home and from harming themselves and others.
The new homes will break down barriers to opportunity by providing support for these young people’s complex behaviour and mental health needs in safe and stable environments. A substantial shortage of placements to meet these young people’s needs over recent years has seen them being placed into accommodation that is operating illegally by not registering with Ofsted.
Data from the Children’s Commissioner shows this also comes at an eye-watering cost to councils, who spend an estimated £440 million a year on unregistered placements. Over 30 placements were costing over £1 million each – and this in a world where private providers sometimes siphon off over 20% of placement costs for private profit.
One teenager with both SEND and mental health needs told the commissioner they had been living in a caravan for two months, at a cost of £75,000, out of her council area.
Today’s announcement builds on measures already announced in the Children’s Wellbeing and Schools Bill to give Ofsted stronger powers to impose fines on illegal homes and new powers for the Secretary of State to cap provider profits if excessive profiteering is not brought under control.
Minister for Children and Families Janet Daby said:
The children’s social care system has faced years of drift and neglect, leading to a vicious cycle of late intervention and children falling through the cracks.
One of the worst symptoms of this is when some of the most vulnerable young people in society are shunted from pillar to post – traumatised by shameful illegal homes, while some private companies rack up ludicrous profits.
Through our Plan for Change and our Children’s Wellbeing and Schools Bill, this government is enabling every child to achieve and thrive by investing in the places children need, cracking down on profiteering with new laws, and rebuilding family support services so parents and carers get the help they need to keep their children happy and safe in loving homes.
It comes as part of ambitious reform to rebalance the children’s social care system away from crisis intervention and towards earlier help to keep children safe, with over £2 billion investment over the course of this parliament.
Green shoots are already being seen as an evaluation published today of areas that tested the government’s early intervention reforms show evidence of improved collaboration between agencies leading to more consistent support for families.
Funding for preventative services has already been doubled this year compared to last year from £250 million to £500 million, so that every family who needs support receives it to stop issues getting worse, with the guidance of a dedicated family help worker.
The government committed to continuing the £500m funding each year until 2028-29 at the Spending Review alongside a further increase of at least £300 million over the coming two years.
Children’s Commissioner Dame Rachel de Souza said:
My work as Children’s Commissioner has shown there are too many children who need brilliant care who have instead ended up in illegal – and terrible – accommodation. Instead of receiving care and support, they are side-lined, ignored and left waiting while services fail to take responsibility for these children.
This funding, and the social care provisions of the Children’s Wellbeing and Schools Bill, is an opportunity to bring that to an end. It will increase the number of loving, safe homes for this group of children – whose needs are often urgent and complex – and must provide loving, therapeutic, joined-up care to help these children flourish.
Chief Executive at Action for Children Paul Carberry said:
It’s vital that children and young people with complex needs receive specialist, therapeutic care in a stable environment. Over recent years, too many children have been placed in unregulated, unsuitable accommodation due to the critical shortage of placements in the system, with sometimes devastating consequences on their health, safety, and wellbeing.
Without the right support, their needs can escalate, and placements can break down.
We wholeheartedly welcome this investment, which will ensure more children with complex needs get the care and support they deserve.
Through the Children’s Wellbeing and Schools Bill, new laws are being brought in to increase the transparency of private providers over their finances, with a backstop provision to introduce a profit cap if providers don’t voluntarily bring an end to exploitative practices.
The department has also brought together an expert ‘market intervention advisory group’, which is working on the details of how the financial oversight and transparency schemes will work in practice to make as quick as possible progress to tackle profiteering, as well as how to bring in more voluntary providers.
Schemes are being considered to encourage charities and ethical investors to open children’s homes, including through innovative funding mechanisms like social financing.
Source: United Kingdom – Executive Government & Departments
Press release
New data points to growing social and economic impact of charity sector amidst challenging financial environment.
New insights from sector data suggest that charities have been able to direct additional resources to delivering their aims, amidst a tightening financial squeeze.
Collectively charities that submitted annual returns spent £95.73 billion delivering their charitable aims in 2023, 9.6% more than in 2022, reflecting a further broadening and deepening of the vital societal impact of charities. This was during a period when cost of living pressures were being felt acutely within society.
This impact is underpinned by the generosity of the public, with donations and legacies reaching £31.4bn – almost a third (32.6%) of all charity income. Small charities, which are by far the greatest in number, largely rely on this income.
Businesses also made a considerable contribution to charity with almost half (49.7%) of charities with an income of £100k or more reporting donations from a corporate donor.
The data underlines that volunteers are essential to delivering public good, outnumbering paid workers by a factor of more than 3:1. Around 7 in 10 charities reported they were supported by volunteers in 2023, while 5 in 10 had paid workers (permanent or fixed-term employees and self-employed). The majority of paid workers (98%) were deployed in the UK.
However, for a second year in a row, the analysis drew out some indicators underlining concerns about financial resilience in parts of the sector.
Overall growth in expenditure (9.6%) outpaced growth in income (6.8%) leaving the gap between the two at its narrowest in five years at £0.7bn, down from £2.9bn in 2022.
While more than half of charities (55.1%) have more income than expenditure, around 2 in 5 charities (42.6%) had expenditure that exceeded income. This situation leaves many charities with little or no headroom for investing in longer term or more innovative projects, and depending on reserve levels, a continuation of this trend may mean some charities cease to operate altogether.
The data follows the Commission’s release of separate data earlier this week pointing to increased demand for charities’ services, with 9% of people indicating they had received food, medical or financial support from charities, compared to just 3% five years ago.
Charity Commission Chief Executive, David Holdsworth, said:
Our analysis of charities’ annual returns for 2023 shows the sector is not just delivering life-changing impact across communities but that it is an economic powerhouse for the economy, spending almost £96 billion a year on delivering charitable purposes.
Charities’ work with those from some of our most marginalised and disadvantaged communities unlocks potential, enabling more people to play an active role in society, helping people up, not handing out. This vital work is happening right across England and Wales, often in places and with people the state cannot easily reach.
While our data shows the cost of living crisis has applied significant pressure on charity finances – with the narrowest gap between income and expenditure in recent years – it also shows charities rising to the challenge, spending almost ten per cent more in 2023 than in 2022 to meet increased need.
Each question asked of charities in the annual return is designed to enable the Commission to identify risks and trends in the sector; to help the public make informed and confident choices about charities; and to allow policy-makers, researchers, sector groups and the public to gain a richer understanding of the charity sector in England and Wales.
ENDS
Notes to editors
The annual return 2023 represents the most comprehensive data set available on the charity sector, as it is a statutory requirement for charities to provide this to the Commission. The Commission’s analysis of the annual return 2023 is a factual presentation of the data charities have reported to the Commission for 12-month financial periods ending at any point in 2023. Annual Return data is a ‘lagging indicator’ as the information it captures has passed as each charity has up to 10 months to report it after the end of its financial year. AR23 saw an improved number of charities filing returns than in AR22.
All registered charities must provide information annually to the Charity Commission (‘the Commission’). The rules vary according to the charity’s size and structure. Registered charities with:
income up to £10,000 should complete the relevant sections (income and expenditure) of the annual return
income above £10,000, and all Charitable Incorporated Organisations (‘CIOs’), must prepare and file an annual return
income above £25,000, and all CIOs, must also file copies of their trustees’ annual report and accounts
WASHINGTON, DC – Today, U.S. Senators Jacky Rosen (D-NV) and Jim Banks (R-IN) introduced a bill to strengthen the U.S.-Israel weapons stockpile. The bipartisan Weapons Resupply, Stockpile, and Alliance-Israel Act would extend a program that lets the U.S. store weapons and military equipment in Israel, which both countries can use in a crisis. Keeping this stockpile in place helps the U.S. stay ready for emergencies in the region and makes sure that Israel, one of America’s closest allies, has the tools it needs to defend itself.
“I’m proud to help introduce this bipartisan legislation that will bolster our national security and strengthen the U.S.-Israel relationship,” said Senator Rosen. “By extending the authorization for the War Reserves Stockpile in Israel, we are reinforcing our commitment to Israel and ensuring both American and Israeli forces have access to the critical resources they need to respond swiftly in times of crisis. This is about keeping Americans safe and supporting our allies.”
“This bill strengthens America’s military readiness and ensures we’re prepared for any crisis in the region,” said Senator Banks. “Supporting Israel, our most important Middle East ally, directly protects U.S. interests and helps keep Americans safe.”
Senator Rosen has consistently championed U.S.–Israel defense cooperation. In June, she returned from a visit to Israel, the West Bank, Jordan, and Iraq, pressing for stronger regional stability and deeper defense coordination. In April 2024, Senator Rosen helped pass a bipartisan national security package that included $4 billion in funding for Israel’s missile defense systems—Iron Dome, David’s Sling, and Arrow. She also urged her Senate colleagues to oppose resolutions that would restrict weapons for Israel, underscoring Israel’s right to defend itself from terrorist attacks.
WASHINGTON, DC – Today, U.S. Senators Jacky Rosen (D-NV) and Jim Banks (R-IN) introduced a bill to strengthen the U.S.-Israel weapons stockpile. The bipartisan Weapons Resupply, Stockpile, and Alliance-Israel Act would extend a program that lets the U.S. store weapons and military equipment in Israel, which both countries can use in a crisis. Keeping this stockpile in place helps the U.S. stay ready for emergencies in the region and makes sure that Israel, one of America’s closest allies, has the tools it needs to defend itself.
“I’m proud to help introduce this bipartisan legislation that will bolster our national security and strengthen the U.S.-Israel relationship,” said Senator Rosen. “By extending the authorization for the War Reserves Stockpile in Israel, we are reinforcing our commitment to Israel and ensuring both American and Israeli forces have access to the critical resources they need to respond swiftly in times of crisis. This is about keeping Americans safe and supporting our allies.”
“This bill strengthens America’s military readiness and ensures we’re prepared for any crisis in the region,” said Senator Banks. “Supporting Israel, our most important Middle East ally, directly protects U.S. interests and helps keep Americans safe.”
Senator Rosen has consistently championed U.S.–Israel defense cooperation. In June, she returned from a visit to Israel, the West Bank, Jordan, and Iraq, pressing for stronger regional stability and deeper defense coordination. In April 2024, Senator Rosen helped pass a bipartisan national security package that included $4 billion in funding for Israel’s missile defense systems—Iron Dome, David’s Sling, and Arrow. She also urged her Senate colleagues to oppose resolutions that would restrict weapons for Israel, underscoring Israel’s right to defend itself from terrorist attacks.
Source: United States Senator Jacky Rosen (D-NV)
WASHINGTON, DC – Today, U.S. Senators Jacky Rosen (D-NV) and Jim Banks (R-IN) introduced a bill to strengthen the U.S.-Israel weapons stockpile. The bipartisan Weapons Resupply, Stockpile, and Alliance-Israel Act would extend a program that lets the U.S. store weapons and military equipment in Israel, which both countries can use in a crisis. Keeping this stockpile in place helps the U.S. stay ready for emergencies in the region and makes sure that Israel, one of America’s closest allies, has the tools it needs to defend itself.
“I’m proud to help introduce this bipartisan legislation that will bolster our national security and strengthen the U.S.-Israel relationship,” said Senator Rosen. “By extending the authorization for the War Reserves Stockpile in Israel, we are reinforcing our commitment to Israel and ensuring both American and Israeli forces have access to the critical resources they need to respond swiftly in times of crisis. This is about keeping Americans safe and supporting our allies.”
“This bill strengthens America’s military readiness and ensures we’re prepared for any crisis in the region,” said Senator Banks. “Supporting Israel, our most important Middle East ally, directly protects U.S. interests and helps keep Americans safe.”
Senator Rosen has consistently championed U.S.–Israel defense cooperation. In June, she returned from a visit to Israel, the West Bank, Jordan, and Iraq, pressing for stronger regional stability and deeper defense coordination. In April 2024, Senator Rosen helped pass a bipartisan national security package that included $4 billion in funding for Israel’s missile defense systems—Iron Dome, David’s Sling, and Arrow. She also urged her Senate colleagues to oppose resolutions that would restrict weapons for Israel, underscoring Israel’s right to defend itself from terrorist attacks.
Washington, D.C. – Oregon’s U.S. Senators Jeff Merkley and Ron Wyden, alongside U.S. Representative Val Hoyle (OR-04), welcomed the U.S. Environmental Protection Agency’s (EPA) addition of the former J.H. Baxter site in Eugene to its Superfund National Priorities List (NPL)—an essential action, as sites included on the list are eligible to receive federal funding for long-term, permanent cleanup efforts.
This announcement comes after Merkley led the Oregon lawmakers in pressing EPA Administrator Lee Zeldin to add the J.H. Baxter site to the Superfund NPL to safeguard the public health and environment of the Eugene community.
“The EPA adding the old J.H. Baxter site to its Superfund National Priorities List is a huge step forward in addressing the dangerous contamination that’s long concerned folks living and working in West Eugene,” Merkley said. “This designation I pushed for means a timely and comprehensive cleanup of chemical substances at the site is now within reach—essential to protecting the health and environment of the Eugene community for generations to come.”
“This Superfund announcement takes a significant public health step forward for Oregonians who make west Eugene their home and place of business,” Wyden said. “I’m glad the teamwork with Senator Merkley and Congresswoman Hoyle has generated this community win for the contaminated J.H. Baxter site, and I’ll keep watchdogging this process to make sure federal officials follow through fully on this commitment.
“We raised our family in West Eugene and I know that our community has spent decades fighting to get the J.H. Baxter site cleaned up for the health of our community,” said Hoyle. “That’s why I joined Senators Wyden and Merkley in urging the EPA to take action, and I’m glad they listened. The Superfund designation is a critical step toward delivering the cleanup and accountability this community deserves.”
The EPA Superfund NPL is the list of U.S. sites where historic releases of hazardous substances, pollutants, or contaminants pose significant threats to human health and the environment—and this list now includes the J.H. Baxter site.
For nearly 80 years, J.H. Baxter treated wood products at a 35-acre facility in West Eugene. Hazardous substances and classified probable carcinogens, including creosote and pentachlorophenol (PCP), were often used to treat wood products before the company ceased operations in January of 2022. But despite a halt in operations, toxic substances remained on site, contaminating soil and groundwater at the former facility and in the surrounding community.
The Oregon Department of Environmental Quality’s (DEQ) sampling of the surrounding community in 2021 found elevated levels of dioxins – widening the original scope of response efforts. DEQ has started the work to cleanup properties with the highest levels of dioxins, and EPA’s Region 10 is currently conducting a Time Critical Removal Action (TCRA) at the site. While the TCRA is considered an interim measure to prevent additional releases of hazardous substances, it will not address all contamination.
The Superfund NPL listing will now allow EPA to comprehensively address issues at the J.H. Baxter site, including by conducting a further evaluation of the nature and extent of the contamination, the risks posed by hazardous substances at the site, and ensure a thorough cleanup.
A public meeting for the EPA to explain next steps in the Superfund process is slated for July 16 in Eugene. The agency expects Superfund site work to begin in early fall.
Source: United States Senator Ron Wyden (D-Ore)
July 09, 2025
Washington, D.C. – Oregon’s U.S. Senators Jeff Merkley and Ron Wyden, alongside U.S. Representative Val Hoyle (OR-04), welcomed the U.S. Environmental Protection Agency’s (EPA) addition of the former J.H. Baxter site in Eugene to its Superfund National Priorities List (NPL)—an essential action, as sites included on the list are eligible to receive federal funding for long-term, permanent cleanup efforts.
This announcement comes after Merkley led the Oregon lawmakers in pressing EPA Administrator Lee Zeldin to add the J.H. Baxter site to the Superfund NPL to safeguard the public health and environment of the Eugene community.
“The EPA adding the old J.H. Baxter site to its Superfund National Priorities List is a huge step forward in addressing the dangerous contamination that’s long concerned folks living and working in West Eugene,” Merkley said. “This designation I pushed for means a timely and comprehensive cleanup of chemical substances at the site is now within reach—essential to protecting the health and environment of the Eugene community for generations to come.”
“This Superfund announcement takes a significant public health step forward for Oregonians who make west Eugene their home and place of business,” Wyden said. “I’m glad the teamwork with Senator Merkley and Congresswoman Hoyle has generated this community win for the contaminated J.H. Baxter site, and I’ll keep watchdogging this process to make sure federal officials follow through fully on this commitment.
“We raised our family in West Eugene and I know that our community has spent decades fighting to get the J.H. Baxter site cleaned up for the health of our community,” said Hoyle. “That’s why I joined Senators Wyden and Merkley in urging the EPA to take action, and I’m glad they listened. The Superfund designation is a critical step toward delivering the cleanup and accountability this community deserves.”
The EPA Superfund NPL is the list of U.S. sites where historic releases of hazardous substances, pollutants, or contaminants pose significant threats to human health and the environment—and this list now includes the J.H. Baxter site.
For nearly 80 years, J.H. Baxter treated wood products at a 35-acre facility in West Eugene. Hazardous substances and classified probable carcinogens, including creosote and pentachlorophenol (PCP), were often used to treat wood products before the company ceased operations in January of 2022. But despite a halt in operations, toxic substances remained on site, contaminating soil and groundwater at the former facility and in the surrounding community.
The Oregon Department of Environmental Quality’s (DEQ) sampling of the surrounding community in 2021 found elevated levels of dioxins – widening the original scope of response efforts. DEQ has started the work to cleanup properties with the highest levels of dioxins, and EPA’s Region 10 is currently conducting a Time Critical Removal Action (TCRA) at the site. While the TCRA is considered an interim measure to prevent additional releases of hazardous substances, it will not address all contamination.
The Superfund NPL listing will now allow EPA to comprehensively address issues at the J.H. Baxter site, including by conducting a further evaluation of the nature and extent of the contamination, the risks posed by hazardous substances at the site, and ensure a thorough cleanup.
A public meeting for the EPA to explain next steps in the Superfund process is slated for July 16 in Eugene. The agency expects Superfund site work to begin in early fall.
Washington, D.C. – Oregon’s U.S. Senators Jeff Merkley and Ron Wyden, alongside U.S. Representative Val Hoyle (OR-04), welcomed the U.S. Environmental Protection Agency’s (EPA) addition of the former J.H. Baxter site in Eugene to its Superfund National Priorities List (NPL)—an essential action, as sites included on the list are eligible to receive federal funding for long-term, permanent cleanup efforts.
This announcement comes after Merkley led the Oregon lawmakers in pressing EPA Administrator Lee Zeldin to add the J.H. Baxter site to the Superfund NPL to safeguard the public health and environment of the Eugene community.
“The EPA adding the old J.H. Baxter site to its Superfund National Priorities List is a huge step forward in addressing the dangerous contamination that’s long concerned folks living and working in West Eugene,” Merkley said. “This designation I pushed for means a timely and comprehensive cleanup of chemical substances at the site is now within reach—essential to protecting the health and environment of the Eugene community for generations to come.”
“This Superfund announcement takes a significant public health step forward for Oregonians who make west Eugene their home and place of business,” Wyden said. “I’m glad the teamwork with Senator Merkley and Congresswoman Hoyle has generated this community win for the contaminated J.H. Baxter site, and I’ll keep watchdogging this process to make sure federal officials follow through fully on this commitment.
“We raised our family in West Eugene and I know that our community has spent decades fighting to get the J.H. Baxter site cleaned up for the health of our community,” said Hoyle. “That’s why I joined Senators Wyden and Merkley in urging the EPA to take action, and I’m glad they listened. The Superfund designation is a critical step toward delivering the cleanup and accountability this community deserves.”
The EPA Superfund NPL is the list of U.S. sites where historic releases of hazardous substances, pollutants, or contaminants pose significant threats to human health and the environment—and this list now includes the J.H. Baxter site.
For nearly 80 years, J.H. Baxter treated wood products at a 35-acre facility in West Eugene. Hazardous substances and classified probable carcinogens, including creosote and pentachlorophenol (PCP), were often used to treat wood products before the company ceased operations in January of 2022. But despite a halt in operations, toxic substances remained on site, contaminating soil and groundwater at the former facility and in the surrounding community.
The Oregon Department of Environmental Quality’s (DEQ) sampling of the surrounding community in 2021 found elevated levels of dioxins – widening the original scope of response efforts. DEQ has started the work to cleanup properties with the highest levels of dioxins, and EPA’s Region 10 is currently conducting a Time Critical Removal Action (TCRA) at the site. While the TCRA is considered an interim measure to prevent additional releases of hazardous substances, it will not address all contamination.
The Superfund NPL listing will now allow EPA to comprehensively address issues at the J.H. Baxter site, including by conducting a further evaluation of the nature and extent of the contamination, the risks posed by hazardous substances at the site, and ensure a thorough cleanup.
A public meeting for the EPA to explain next steps in the Superfund process is slated for July 16 in Eugene. The agency expects Superfund site work to begin in early fall.
Unlock faster, efficient reasoning with Phi-4-mini-flash-reasoning—optimized for edge, mobile, and real-time applications.
State of the art architecture redefines speed for reasoning models
Microsoft is excited to unveil a new edition to the Phi model family: Phi-4-mini-flash-reasoning. Purpose-built for scenarios where compute, memory, and latency are tightly constrained, this new model is engineered to bring advanced reasoning capabilities to edge devices, mobile applications, and other resource-constrained environments. This new model follows Phi-4-mini, but is built on a new hybrid architecture, that achieves up to 10 times higher throughput and a 2 to 3 times average reduction in latency, enabling significantly faster inference without sacrificing reasoning performance. Ready to power real world solutions that demand efficiency and flexibility, Phi-4-mini-flash-reasoning is available on Azure AI Foundry, NVIDIA API Catalog, and Hugging Face today.
Efficiency without compromise
Phi-4-mini-flash-reasoning balances math reasoning ability with efficiency, making it potentially suitable for educational applications, real-time logic-based applications, and more.
Similar to its predecessor, Phi-4-mini-flash-reasoning is a 3.8 billion parameter open model optimized for advanced math reasoning. It supports a 64K token context length and is fine-tuned on high-quality synthetic data to deliver reliable, logic-intensive performance deployment.
What’s new?
At the core of Phi-4-mini-flash-reasoning is the newly introduced decoder-hybrid-decoder architecture, SambaY, whose central innovation is the Gated Memory Unit (GMU), a simple yet effective mechanism for sharing representations between layers. The architecture includes a self-decoder that combines Mamba (a State Space Model) and Sliding Window Attention (SWA), along with a single layer of full attention. The architecture also involves a cross-decoder that interleaves expensive cross-attention layers with the new, efficient GMUs. This new architecture with GMU modules drastically improves decoding efficiency, boosts long-context retrieval performance and enables the architecture to deliver exceptional performance across a wide range of tasks.
Key benefits of the SambaY architecture include:
Enhanced decoding efficiency.
Preserves linear prefiling time complexity.
Increased scalability and enhanced long context performance.
Up to 10 times higher throughput.
Our decoder-hybrid-decoder architecture taking Samba [RLL+25] as the self-decoder. Gated Memory Units (GMUs) are interleaved with the cross-attention layers in the cross-decoder to reduce the decoding computation complexity. As in YOCO [SDZ+24], the full attention layer only computes the KV cache during the prefilling with the self-decoder, leading to linear computation complexity for the prefill stage.
Phi-4-mini-flash-reasoning benchmarks
Like all models in the Phi family, Phi-4-mini-flash-reasoning is deployable on a single GPU, making it accessible for a broad range of use cases. However, what sets it apart is its architectural advantage. This new model achieves significantly lower latency and higher throughput compared to Phi-4-mini-reasoning, particularly in long-context generation and latency-sensitive reasoning tasks.
This makes Phi-4-mini-flash-reasoning a compelling option for developers and enterprises looking to deploy intelligent systems that require fast, scalable, and efficient reasoning—whether on premises or on-device.
The top plot shows inference latency as a function of generation length, while the bottom plot illustrates how inference latency varies with throughput. Both experiments were conducted using the vLLM inference framework on a single A100-80GB GPU with tensor parallelism (TP) set to 1.A more accurate evaluation was used where Pass@1 accuracy is averaged over 64 samples for AIME24/25 and 8 samples for Math500 and GPQA Diamond. In this graph, Phi-4-mini-flash-reasoning outperforms Phi-4-mini-reasoning and is better than models twice its size.
What are the potential use cases?
Thanks to its reduced latency, improved throughput, and focus on math reasoning, the model is ideal for:
Adaptive learning platforms, where real-time feedback loops are essential.
On-device reasoning assistants, such as mobile study aids or edge-based logic agents.
Interactive tutoring systems that dynamically adjust content difficulty based on a learner’s performance.
Its strength in math and structured reasoning makes it especially valuable for education technology, lightweight simulations, and automated assessment tools that require reliable logic inference with fast response times.
Developers are encouraged to connect with peers and Microsoft engineers through the Microsoft Developer Discord community to ask questions, share feedback, and explore real-world use cases together.
Microsoft’s commitment to trustworthy AI
Organizations across industries are leveraging Azure AI and Microsoft 365 Copilot capabilities to drive growth, increase productivity, and create value-added experiences.
We’re committed to helping organizations use and build AI that is trustworthy, meaning it is secure, private, and safe. We bring best practices and learnings from decades of researching and building AI products at scale to provide industry-leading commitments and capabilities that span our three pillars of security, privacy, and safety. Trustworthy AI is only possible when you combine our commitments, such as our Secure Future Initiative and our responsible AI principles, with our product capabilities to unlock AI transformation with confidence.
Phi models are developed in accordance with Microsoft AI principles: accountability, transparency, fairness, reliability and safety, privacy and security, and inclusiveness.
The Phi model family, including Phi-4-mini-flash-reasoning, employs a robust safety post-training strategy that integrates Supervised Fine-Tuning (SFT), Direct Preference Optimization (DPO), and Reinforcement Learning from Human Feedback (RLHF). These techniques are applied using a combination of open-source and proprietary datasets, with a strong emphasis on ensuring helpfulness, minimizing harmful outputs, and addressing a broad range of safety categories. Developers are encouraged to apply responsible AI best practices tailored to their specific use cases and cultural contexts.
Read the model card to learn more about any risk and mitigation strategies.
Headline: Choosing the right AI path for your business: A practical guide for leaders
With generative AI moving from experimentation to execution, the pressure is on to turn plans into progress. Every customer I talk to has done the homework: their use case lists are in, their priorities are clear, and their excitement is real. They’re no longer asking, “Should we use AI?” Instead, they’re looking at those use cases alongside a rapidly evolving AI landscape and asking, “Where do we start?”
It’s a great question, considering that a year ago building an AI agent meant calling in an experienced IT team. Today, teams in finance, human resources, and communications are building their own using low-code tools and off-the-shelf AI like Microsoft 365 Copilot. What once took months and weeks now takes hours and minutes, and often fits right into the tools they already use. IDC predicts over a billion AI agents will be in use by 2028 as AI shifts from answering questions to taking action at scale.1
Does that mean you should begin with agents? Not necessarily. With so many tools and promises in the market, deciding where to start can be overwhelming. That’s why we created The Business Guide to AI Solutions—to help you cut through the noise and focus on what matters: solving real business problems with the right kind of AI.
The Business Guide to AI Solutions
Choose and apply assistants, agents, and custom tools as part of a secure, scalable AI strategy
Match the solution to your business goals
AI isn’t one-size-fits-all. The best results come from aligning the right AI solution with the specific problem you’re trying to solve. Whether your goal is to boost productivity, streamline operations, personalize customer experiences, or build something entirely new, there’s a path forward. Here’s how to think about your options:
Need to boost team productivity and reduce time spent on repetitive tasks? Start fast with assistants
Our recent 2025 Work Trend Index Annual Report contains a lot of insight into how AI is reshaping work. It also put a spotlight on something many employees struggle with that can stall a company’s progress: the infinite workday. The pace of work keeps accelerating—and for many, that means the day never really ends. People are starting earlier, working later, and staying buried in emails, Microsoft Teams chats, and meeting requests well into evenings and weekends.
Clearly, the pace of business is relentless. Our approach can’t be. A great place to start is AI assistants. And if your priority is to help your team be more productive, off-the-shelf solutions can deliver quick wins. Microsoft 365 Copilot is built into the apps your teams already use. Designed for fast deployment and immediate value across different roles, Copilot can help people work faster by summarizing content, generating drafts, and automating routine work in all functions—including sales, marketing, finance, and human resources.
For example, British Columbia Investment Management Corporation (BCI) increased productivity by 10% to 20% for 84% of Copilot users and increased their job satisfaction by 68%. The business saved more than 2,300 person-hours with automation, reduced the time spent on writing internal audit reports by 30% and saved one month of processing time to analyze 8,000 survey comments. And XP Inc. uses Microsoft 365 Copilot to automate tasks, boosting productivity by saving over 9,000 hours—a 30% increase in audit team efficiency.
Struggling with complex, manual processes that slow down operations? Automate with agents
When you’re ready to streamline more complex, multistep processes, agents can help. These autonomous tools go beyond assistants by taking action on your behalf—coordinating tasks across systems, automating workflows, and supporting business operations at scale.
Agents are quickly moving from experimental to essential. We recently introduced advancements in memory, reasoning, and access control that make agents more effective across business environments. You can see this in action in the latest Microsoft 365 Copilot innovations, including multi-agent orchestration, agent tuning, and deeper integration with everyday apps.
With Microsoft Azure AI Foundry, developers can access a full stack agent factory with capabilities to automate business processes across the enterprise. For example, Fujitsu boosted sales proposal productivity by 67%, enabling their teams to focus more time on customer engagement.
We’re also investing in open standards to help agents operate securely across systems so they can scale with your business, not just your tech stack. Read the broader vision for what’s next to learn how AI agents are shaping a more open, connected, and productive future.
Whether built with low-code or pro-code tools, agents can have a big impact across teams. Carvana built an AI agent named Sebastian to guide customers through the car buying and selling journey. To continuously improve Sebastian’s performance, they developed Conversation Analysis Review Engine (CARE), an AI-powered platform that analyzes 100% of customer interactions. Together, Sebastian and CARE have helped Carvana reduce inbound calls per sale by over 45% in two years, reflecting a smoother, more efficient customer experience.
Want to tailor AI to your business without starting from scratch? Extend prebuilt solutions
Once you’ve started using Microsoft 365 Copilot, built-in extensibility gives you a way to go further. With Microsoft Copilot Studio, you can connect AI to your own data, fine-tune prompts, and integrate functionality into your existing systems. This allows you to adapt AI to your workflows—without the time and complexity of building something entirely new.
A case in point is Pets at Home, the United Kingdom’s leading pet care business, which used Microsoft Copilot Studio to extend Copilot’s capabilities for its profit protection team. By building a tailored agent that compiles cases for human review, the company streamlined internal workflows and expects to drive seven-figure annual savings, all without starting from scratch.
Looking to create a competitive edge with something truly unique? Differentiate with custom AI
When your needs are highly specific, customization enables you to design unique solutions that reflect your organization’s DNA. With Azure AI Foundry you can build your own agents, train models with your data, and create experiences specifically made for your business.
For example ABB Group, a global leader in electrification and automation, built a custom AI solution called Genix Copilot using Microsoft Azure OpenAI service to tackle complex industrial challenges like asset performance, energy optimization, and emissions monitoring. The result? Up to 35% savings in operations and maintenance, 20% improvement in energy efficiency, and an 80% reduction in service calls, all through a differentiated, AI-powered experience tailored to their customers’ needs.
You can also build AI solutions tailored to your industry using Microsoft’s industry-specific models and tools in Azure AI Foundry. Whether you’re in healthcare, retail, manufacturing, financial services, or education, our Microsoft Industry Clouds provide prebuilt data models, templates, and AI services to help you move faster and deliver value sooner—without compromising on security or compliance.
Build on a foundation of trust
As AI becomes more powerful, so do the risks. Business leaders are asking the right questions: How do we protect sensitive data? How do we ensure compliance? How do we build AI systems that are fair, transparent, and accountable?
At Microsoft,
1IDC Info Snapshot, sponsored by Microsoft, 1.3 Billion AI Agents by 2028, Enterprise Grade and in Production, US53361825, May 2025.
Source: United States Senator for Washington Maria Cantwell
07.09.25
NOAA Nominee Claims Critical Services Like Weather Forecasting Won’t Suffer Under Trump’s Proposed 27% Budget Cut. Cantwell: “I Think We’re In A Disagreement.”
Proposed NOAA head voiced support for Trump budget that would cut $2.2B from lifesaving agency, eliminate research arm
WASHINGTON, D.C. Today, U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation, questioned Dr. Neil Jacobs, President Donald Trump’s nominee to head the National Oceanic and Atmospheric Administration (NOAA), about his plans to preserve the agency’s crucial weather forecasting, research, fisheries management, and other core functions in the face of an administration that continues to hack away at NOAA’s budget, workforce, and programs.
President Trump’s proposed budget would cut $2.2 billion from the agency and eliminate NOAA’s Office of Oceanic and Atmospheric Research (OAR), which is NOAA’s R&D arm that performs and coordinates weather, climate, and other core research. That research directly impacts NOAA’s ability to predict and respond to extreme weather events, enabling the agency to develop better forecasting technology and issue earlier warnings for natural disasters.
NOAA is responsible for studying and monitoring the ocean and atmosphere, weather forecasting including the National Weather Service, coastal habitat restoration, conservation of marine protected species such as salmon and orcas, and managing our nation’s fisheries.
“NOAA does play an incredibly important role in preserving life and property,” Sen. Cantwell said in her opening remarks. “I’m going to ask today about the cuts to NOAA — and how, as a science agency, you preserve the core mission of an agency when we’re cutting so much of the science and the science budget.”
“The budget eliminates the Office of Oceanic and Atmospheric Research R&D arm, which is critical to improving lead times and accuracy of information. NOAA’s R&D is at the cutting edge of science and projects like Warn-on-Forecast, which will give communities more notice about tornadoes and other severe weather events by using prediction models instead of waiting to detect weather,” Sen. Cantwell continued.
“While the Administration seeks to slash NOAA’s budget, it has also taken a sledgehammer to its workforce. Since the start of the year, NOAA’s workforce has been gutted by 2,000 employees. The agency currently has over 3,000 vacant positions, most of which cannot be filled due to the hiring freeze. For example, Pendleton, Oregon, the forecast office serving Central Washington, no longer has 24/7 local coverage because of their 44% vacancy rate. And in my opinion, that is unacceptable in the height of fire season.”
During a later Q&A portion, Sen. Cantwell pressed Dr. Jacobs on how, exactly, he plans to preserve and advance the lifesaving core functions of NOAA – including critical research that keeps the United States at the forefront of weather forecasting technology – with no R&D arm, thousands of positions unfilled in the hiring freeze or axed altogether, and a multi-billion dollar budget cut.
“You said you supported the 27% budget cut to NOAA. Is that correct? So how do you keep your science mission, and particularly in atmospheric and oceanic areas? How do you keep that science mission if we’re cutting that budget?” Sen. Cantwell asked.
“It’s a lot of these priorities, particularly, you know, weather forecasting and things we’ve been discussing all day, some of that’s being transferred to the weather service. It’s my hope for certain things that that we’re looking at to basically fulfill the mission requirements of the forecasting capabilities that the weather service takes over a lot of that, some other aspects transfer to the ocean service,” Dr. Jacobs responded.
Sen. Cantwell: “Okay, so you think that the missions are going to be preserved, just preserved somewhere else.”
Dr. Jacobs: “I mean, yes, that’s, it’s my objective to make sure that NOAA fulfills their mission requirements.”
Under the Trump Administration’s proposal, most of the programs run by the OAR will not be transferred to the National Weather Service; a list of programs on the chopping block is HERE.
“I think we’re in a disagreement on this. I think we like this office. I don’t think we want to be zeroed out. We think it’s the key to NOAA doing its job overall,” Sen. Cantwell said. “And I get [that] you’re nominees by this administration, so you’re going to generally agree with their budget. We disagree with it. But I think more importantly, let’s look at these programs that are going to be cut […] I have serious concerns about our ability to do the job.”
Video of Sen. Cantwell’s opening remarks is HERE; video of her first round of questioning is HERE; and video of her second round of questioning is HERE. A transcript is HERE.
Source and Analysis: Kelvin Davidson, Chief Property Economist for Cotality NZ (formerly CoreLogic)
As widely expected, the Reserve Bank’s Monetary Policy Committee voted unanimously to keep the official cash rate unchanged today at 3.25%, the first ‘hold decision’ after six consecutive cuts. In its short commentary alongside the decision, the Committee noted a concern about lurking, near-term inflationary pressures and the need to keep monitoring those factors before any further moves are made.
However, the record of the meeting also set out the expectation that the tariffs and changes in global trading patterns will tend to restrain economic growth and eventually being inflation back down again. The voting options in the latest meeting were also for no OCR change or a cut, indicating a downwards bias.
As such, there was also a clear signal that we haven’t seen the last of the OCR cuts in this cycle yet, and a drop in August (20th) seems very much on the cards. By then, we’ll also have the Q2 CPI figures, which are due out 21st July.
Meanwhile, the housing market effects from today’s decision are likely to be negligible.
Mortgage rates have already fallen a long way from their peak – and by a similar amount to the OCR – and we’re recently seeing in the data that a higher proportion of borrowers are now looking at longer-term fixed rates again, after a period of going short as market rates fell.
Even if a fresh bout of competition among the banks did re-emerge in the near term, the scale would be smaller than the falls in mortgage rates we’ve already seen. And the greater focus in the housing market at the moment seems to be on the other side of the ledger – i.e. the price restraint being supplied by abundant listings and labour market uncertainty.
Those concerns about job security might mean that many existing borrowers who are rolling off higher fixes from the past and down onto the new prevailing rates might choose to save their extra cash rather than spend it in the economy or property market. All in all, the second half of the year for NZ’s housing market may be just as subdued as the first.
DENVER, July 09, 2025 (GLOBE NEWSWIRE) — Intermap Technologies Corporation (TSX: IMP; OTCQB: ITMSF) today announced that John (Jack) Hild has retired as an independent member of the Company’s Board of Directors and Director of Intermap Federal Services Inc. (IFSI). Since joining Intermap’s board, Jack has been an important contributor to the Company’s growth by supporting the strategic planning, recruiting and training in advanced defense analysis for the execution team in our federal services segment.
“We are profoundly grateful to Jack for his leadership, vision and unwavering commitment to Intermap’s mission,” said Patrick A. Blott, Intermap Chairman and CEO. “His unparalleled insight into the defense and intelligence community has strengthened our strategic direction and deepened our engagement with key government partners. On a more personal level, I have benefitted greatly from Jack’s wonderful support, judgement, and friendship.”
Mr. Hild dedicated three decades to the National Geospatial-Intelligence Agency (NGA), serving over ten years in senior executive roles. After his distinguished career at the NGA, he became CIO and Vice President of Defense and Intelligence Strategy at DigitalGlobe before establishing his consulting practice. His significant contributions to the geospatial field are widely recognized. In 2020, Mr. Hild was inducted into the National Geospatial-Intelligence Agency’s Geospatial Intelligence Hall of Fame, one of the industry’s highest honors. He also received the NGA Distinguished Civilian Award and the Norwegian Defense Medal.
“It has been an honor and privilege to serve on Intermap’s Board and support the Company’s work in delivering mission-critical solutions to the U.S. and Allied civil, defense and intelligence communities,” said Mr. Hild. “I’m proud of what we’ve accomplished together. Intermap’s sensors are unrivaled in the cloud belt, and its commercial flood mapping product is one of the most innovative elevation data and data management services I’ve seen. Intermap’s role with Low Latency Foundation Data has also addressed my decades-old quest to focus attention on foundational geospatial data maintenance processes across the user communities. My expectation is that Intermap will continue to grow with innovative customers and partners that leverage its talented and dedicated team on an increasingly broader range of advanced geospatial intelligence activities.”
The Board of Directors and management team extend their gratitude to Mr. Hild for his extraordinary service and enduring legacy. His leadership and integrity have left an indelible mark on the Company.
Intermap Reader Advisory Certain information provided in this news release constitutes forward-looking statements. Words such as “will”, “upcoming” and other similar words and expressions are intended to identify such forward-looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. Intermap’s forward-looking statements are subject to risks and uncertainties. While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.
About Intermap Technologies Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP) is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3D terrain data to produce high-resolution thematic models. Through scientific analysis of geospatial information and patented sensors and processing technology, the Company provisions diverse, complementary, multi-source datasets to enable customers to seamlessly integrate geospatial intelligence into their workflows. Intermap’s 3D elevation data and software analytic capabilities enable global geospatial analysis through artificial intelligence and machine learning, providing customers with critical information to understand their terrain environment. By leveraging its proprietary archive of the world’s largest collection of multi-sensor global elevation data, the Company’s collection and processing capabilities provide multi-source 3D datasets and analytics at mission speed, enabling governments and companies to build and integrate geospatial foundation data with actionable insights. Applications for Intermap’s products and solutions include defense, aviation and UAV flight planning, flood and wildfire insurance, disaster mitigation, base mapping, environmental and renewable energy planning, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas and transportation.
For more information, please visit www.intermap.comor contact: Jennifer Bakken Executive Vice President and CFO CFO@intermap.com +1 (303) 708-0955
Amsterdam, 9 July 2025 – Azerion, a leading European digital advertising platform, today announces the sale of its subsidiary Whow Games, the lion’s share of its Premium Games segment, to DoubleDown Interactive, part of South Korea-based DoubleUGames, for a total consideration of €65 million. The deal consists of an upfront payment of €55 million and an earn-out of up to €10 million, subject to customary adjustments.
The transaction marks another significant step in Azerion’s strategy, a journey the company has been on for some years now, reinforcing digital advertising as the company’s core business. In addition, Azerion continues to expand into cloud infrastructure and AI-driven solutions.
The sale follows a series of portfolio optimisations, including the divestment of its social card games portfolio in 2023 for €81.3 million. With a strong position as one of Europe’s most innovative players in digital advertising, Azerion is now also addressing growing European demand for scalable cloud and AI alternatives to large US providers. After more than 10 years of developing AI software and cloud services for its own use, Azerion is now offering these services to clients. This puts it in markets where many European companies are currently seeking an alternative to the American tech giants.
Founded in the Netherlands in 2014, Azerion has grown into a major player in digital advertising through a series of strategic acquisitions. Listed on Euronext Amsterdam since February 2022, the company generated €551 million in revenue in 2024, up 7% year-on-year. Revenue guidance for 2025 is in the range of €600–650 million. In Q1 2025, the company reported EBITDA growth of 68% compared to the same period last year thanks to a continued focus on efficiency and profitability.
Reinforcing digital advertising
“We are excited to take this further step to strengthen our digital advertising business.” said Sebastiaan Moesman, Chief Strategy Officer of Azerion. “This sale enables us to dedicate even more resources and attention on realizing our growth and expansion plans. We are also demonstrating once again that our investment strategy can create long-term value for our shareholders.”
Azerion recently launched Azerion Intelligence, a platform offering affordable and independent cloud hosting as well as access to a range of open-source AI tools. “Across Europe, companies and public institutions are increasingly looking to bring their data closer to home to be less reliant on one partner,” said Moesman. “While this desire is not new, we’re seeing a clear shift in priority. Organisations are now actively seeking alternatives to major cloud providers. At the same time, demand for local, cost-efficient AI services is on the rise. Azerion is well positioned to support organisations ready to take the next step in digital sovereignty.”
Governors Reaffirm Support for BSTDB and Approve New Strategic Branding
The Board of Governors of the Black Sea Trade and Development Bank (BSTDB) held its 27th Annual Meeting under the Chairmanship of Mr. Artur Javadyan, BSTDB Governor for the Republic of Armenia.
The Meeting brought together high-level representatives from BSTDB’s eleven member states, along with BSEC leaders and the Bank’s Observers.
The Governors evaluated the Bank’s operational activity and unanimously approved the Financial Statements for 2024. They praised BSTDB’s sustained role as a reliable partner for regional economic advancement.
During the Meeting, the Board of Governors extended the term of Dr. Serhat Köksal as President of BSTDB by two years.
Mr. Artur Javadyan, Chairman of the Board of Governors, commented: “Amid challenging economic times, BSTDB continued to deliver tangible results, reinforcing its role as a catalyst for sustainable regional growth”.
Dr. Serhat Köksal, President of BSTDB, noted: ‘This meeting reaffirmed the shared vision of our member countries for a resilient and inclusive Black Sea region, underpinned by responsible finance.” Dr. Köksal expressed his gratitude to the Governors, stating: “I am deeply honored by the renewed trust placed in me. I thank the Board of Governors for their continued confidence and support, and I remain committed to advancing our collective vision for a resilient and inclusive Black Sea region, grounded in responsible finance.”
The BSTDB President also acknowledged the excellent organization and warm hospitality extended by Governor Javadyan and the host country.
The Board also elected Mr. Sahil Babayev, Governor for the Republic of Azerbaijan, as the new Chair of the Board of Governors for the upcoming one-year term. Governors for the Republic of Bulgaria and Georgia were elected as Deputy Chairpersons. The 28th Annual Meeting of the Board of Governors will be held in Azerbaijan. The exact date and venue of the Meeting will be determined in due course.
In addition, the Board approved BSTDB’s new visual identity, reflecting the institution’s strategic orientation and commitment to modernization. The new brand will be officially unveiled in the coming weeks.
The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.
Governors Reaffirm Support for BSTDB and Approve New Strategic Branding
The Board of Governors of the Black Sea Trade and Development Bank (BSTDB) held its 27th Annual Meeting under the Chairmanship of Mr. Artur Javadyan, BSTDB Governor for the Republic of Armenia.
The Meeting brought together high-level representatives from BSTDB’s eleven member states, along with BSEC leaders and the Bank’s Observers.
The Governors evaluated the Bank’s operational activity and unanimously approved the Financial Statements for 2024. They praised BSTDB’s sustained role as a reliable partner for regional economic advancement.
During the Meeting, the Board of Governors extended the term of Dr. Serhat Köksal as President of BSTDB by two years.
Mr. Artur Javadyan, Chairman of the Board of Governors, commented: “Amid challenging economic times, BSTDB continued to deliver tangible results, reinforcing its role as a catalyst for sustainable regional growth”.
Dr. Serhat Köksal, President of BSTDB, noted: ‘This meeting reaffirmed the shared vision of our member countries for a resilient and inclusive Black Sea region, underpinned by responsible finance.” Dr. Köksal expressed his gratitude to the Governors, stating: “I am deeply honored by the renewed trust placed in me. I thank the Board of Governors for their continued confidence and support, and I remain committed to advancing our collective vision for a resilient and inclusive Black Sea region, grounded in responsible finance.”
The BSTDB President also acknowledged the excellent organization and warm hospitality extended by Governor Javadyan and the host country.
The Board also elected Mr. Sahil Babayev, Governor for the Republic of Azerbaijan, as the new Chair of the Board of Governors for the upcoming one-year term. Governors for the Republic of Bulgaria and Georgia were elected as Deputy Chairpersons. The 28th Annual Meeting of the Board of Governors will be held in Azerbaijan. The exact date and venue of the Meeting will be determined in due course.
In addition, the Board approved BSTDB’s new visual identity, reflecting the institution’s strategic orientation and commitment to modernization. The new brand will be officially unveiled in the coming weeks.
The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.
Source: United States Small Business Administration
SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to private nonprofit (PNP) organizations in Texas affected by severe storms, straight-line winds and flooding beginning July 2.
The disaster declaration covers the Texas County of Kerr.
Under this declaration, PNPs providing non-critical services of a governmental nature impacted by physical damages or financial losses directly related to the disaster are eligible to apply for both business physical damage loans and Economic Injury Disaster Loans (EIDLs) from the SBA. Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools, and colleges.
PNPs may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Applicants may also be eligible for a loan increase of up to 20% of their physical damage, as verified by the SBA, for mitigation purposes.
EIDLs are for working capital needs caused by the disaster and are available even if the 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.
“SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.”
Interest rates are as low as 3.625% for PNPs with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA will set loan amounts and terms based on each applicant’s financial condition.
The SBA encourages applicants to submit their loan applications promptly. Applications will be prioritized in the order they are received, and the SBA remains committed to processing them as efficiently as possible.
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 applications for physical property damage is Sept. 4, 2025. The deadline to return economic injury applications is April 6, 2026.
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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, 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.
SAN DIEGO, July 09, 2025 (GLOBE NEWSWIRE) — Quick Custom Intelligence (QCI) and Black Bear and Fond Du Luth Casinos are thrilled to announce their strategic partnership that is set to transform the gaming and hospitality landscape in the Minnesota market. This dynamic collaboration represents an exciting fusion of advanced technology and exceptional guest experiences, with Black Bear and Fond Du Luth Casinos leading the charge. By leveraging QCI’s cutting-edge data analytics platform, the partnership aims to redefine how casinos operate, providing unparalleled insights into player behavior, enhancing operational efficiency, and delivering personalized guest experiences like never before. This bold move positions Black Bear and Fond Du Luth Casinos at the forefront of innovation, setting a new standard in how technology can drive the future of gaming and hospitality.
This partnership marks the beginning of a new era, where the seamless integration of artificial intelligence, data-driven decision-making, and world-class service will create an unmatched environment for entertainment and hospitality in the region.
Morgan Fritzinger, Director of Marketing for the Black Bear and Fond Du Luth Casinos, shared her excitement about this partnership, stating, “We are excited to embark on this transformative journey with QCI. The QCI platform is truly a game-changer for our host and marketing departments, and we’re confident it will not only optimize our operations but also enhance the quality of service and entertainment we provide to our valued guests. With QCI’s innovative solutions, we’re poised to deliver an unparalleled gaming experience in the Minnesota market. This partnership perfectly aligns with our commitment to excellence and innovation.”
Dr. Ralph Thomas, CEO of QCI, expressed his satisfaction with this newly established partnership, stating, “We place immense value on partnerships that are built on mutual respect, a shared vision, and a strong commitment to innovation. Our collaboration with Black Bear and Fond Du Luth Casinos exemplifies this kind of relationship. From the very beginning, we have been deeply impressed by the Black Bear and Fond Du Luth Casinos team’s dedication, their passion for excellence, and their relentless focus on delivering extraordinary guest experiences. I am incredibly proud of what we have already achieved together and even more excited for the future. This partnership represents a unique opportunity to set new benchmarks in the Minnesota market, and I am confident that together, we will redefine what’s possible in the gaming and hospitality industry.”
ABOUT Black Bear Casino and Fond Du Luth Casinos Black Bear Casino Resort, located in Carlton, Minnesota, and Fond-du-Luth Casino, situated in the heart of downtown Duluth near Lake Superior’s vibrant tourist district, are premier gaming and entertainment destinations owned and operated by the Fond du Lac Band of Lake Superior Chippewa. Together, these properties offer a dynamic blend of gaming, dining, lodging, and live entertainment, while honoring the cultural heritage and economic strength of the Fond du Lac Band. Committed to excellence in guest service and community impact, both casinos serve as proud tributes to the resilience and vision of the Ojibwe people. For more information, visit www.blackbearcasinoresort.com or call (218) 878-BEAR (2327) or www.fondduluthcasino.com and (218) 720-5100.
ABOUT QCI Quick Custom Intelligence (QCI) has pioneered the revolutionary QCI Enterprise Platform, an artificial intelligence platform that seamlessly integrates player development, marketing, and gaming operations with powerful, real-time tools designed specifically for the gaming and hospitality industries. Our advanced, highly configurable software is deployed in over 250 casino resorts across North America, Australia, New Zealand, Canada, Latin America, and Europe. The QCI AGI Platform, which manages more than $35 billion in annual gross gaming revenue, stands as a best-in-class solution, whether on-premises, hybrid, or cloud-based, enabling fully coordinated activities across all aspects of gaming or hospitality operations. QCI’s data-driven, AI-powered software propels swift, informed decision-making vital in the ever-changing casino industry, assisting casinos in optimizing resources and profits, crafting effective marketing campaigns, and enhancing customer loyalty. QCI was co-founded by Dr. Ralph Thomas and Mr. Andrew Cardno and is based in San Diego, with additional offices in Las Vegas, St. Louis, Dallas, and Tulsa. Main phone number: (858) 299.5715. Visit us at www.quickcustomintelligence.com.
ABOUT Dr. Ralph Thomas Dr. Ralph Thomas is the Co-Founder and Chief Executive Officer of Quick Custom Intelligence. Ralph is a product visionary in applied analytics and the founder of two companies that deliver solutions in casino gaming, education, and adult learning. As a gaming industry veteran, Dr. Thomas has substantial experience implementing analytics into single and multi-property gaming companies to drive tangible and measurable gains to the bottom line and has built business intelligence tools for multibillion-dollar casinos. Dr. Thomas is co-author of seven books and over 80 articles on applied analytics and data science in gaming, an inventor on dozens of patents, and understands gaming from raw data up through casino operations, giving him a unique, 360-degree view of the industry.
MINNEAPOLIS, July 09, 2025 (GLOBE NEWSWIRE) — Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced that CRN®, a brand of The Channel Company, has recognized Marc Botham, Vice President, Global Channel Sales, as an Inclusive Channel Leader for 2025. This CRN list spotlights vendor, distributor, and solution provider executives helping to create greater equity across the IT channel.
Each of the honorees is dedicated to fostering equity and inclusion within their organizations, the IT channel, and the entire industry. With this list, CRN highlights the importance of championing and building diversity and belonging in the channel ecosystem.
“The honorees on this year’s Inclusive Channel Leaders list set a powerful example,” said Jennifer Follett, VP, U.S. Content, and Executive Editor, CRN, The Channel Company. “They advance meaningful change by amplifying a multitude of voices and fostering company cultures where everyone has the opportunity to thrive. We’re inspired by their impact and appreciate their efforts to lead the way in advancing inclusion and building a stronger IT channel.”
“Marc’s recognition as a CRN Inclusive Channel Leader reflects his unwavering commitment to building an inclusive channel ecosystem that empowers partners of all backgrounds,” said Liz Benz, Chief Sales Officer, Jamf. “His leadership has been crucial in strengthening a channel program that not only drives business success but also promotes equity and inclusion across our partner network. This recognition validates our ongoing commitment to fostering a diverse and inclusive technology community.”
The 2025 Inclusive Channel Leaders list will be featured in the August issue of CRN Magazine and online at www.CRN.com/Inclusive-Leaders.
About Jamf
Jamf’s purpose is to simplify work by helping organizations manage and secure an Apple experience that end users love and organizations trust. Jamf is the only company in the world that provides a complete management and security solution for an Apple-first environment that is enterprise secure, consumer simple and protects personal privacy. To learn more, visit www.jamf.com.
About The Channel Company
The Channel Company (TCC) is the global leader in channel growth for the world’s top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit thechannelco.com.
New York, NY, July 09, 2025 (GLOBE NEWSWIRE) — Spartan Capital Securities, LLC, a premier investment banking firm, is pleased to announce the closing of a $1.5 million registered direct offering for Lixte Biotechnology Holdings, Inc. (NASDAQ: LIXT), in which it served as the exclusive placement agent.
Lixte Biotechnology Holdings, Inc., a clinical-stage pharmaceutical company focused on cancer drug development, completed the offering on July 8, 2025. The offering consisted of the sale of an aggregate of 974,026 shares of Common Stock (or Pre-Funded Warrants in lieu thereof). The public offering price per share of Common Stock was $1.54, and $1.53999 per Pre-Funded Warrant, which includes an exercise price of $0.00001.
The Company received gross proceeds of approximately $1.5 million. The net proceeds, together with the Company’s existing cash, will be used for general corporate purposes and working capital.
“This transaction reflects our continued focus on aligning innovative biotech companies with the strategic capital they need to advance breakthrough therapies,” said John Lowry, CEO of Spartan Capital Securities. “We are pleased to support Lixte Biotechnology Holdings, LLC in this important stage of their clinical development and look forward to seeing the impact of their work in the oncology space.”
Lixte was represented by TroyGould PC, while Spartan Capital Securities was represented by Kaufman & Canoles, P.C.
The offering was made pursuant to an effective shelf registration statement on Form S-3 (No. 333-278874) previously filed with and declared effective by the U.S. Securities and Exchange Commission on May 2, 2024. A final prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC and available at www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Spartan Capital Securities, LLC Spartan Capital Securities, LLC is a premier full-service investment banking firm offering a comprehensive range of advisory services to institutional clients and high-net-worth individuals. Known for its expertise in capital raising, strategic advisory, and asset management, Spartan Capital delivers tailored solutions to meet clients’ financial goals.
About Lixte Biotechnology Holdings, Inc. Lixte Biotechnology Holdings, Inc. is a clinical-stage pharmaceutical company focused on discovering and developing cancer therapies based on novel biological pathways. Its lead compound, LB-100, a first-in-class PP2A inhibitor, has shown promise in enhancing the effectiveness of chemotherapy and immunotherapy. Clinical trials are currently underway for Ovarian Clear Cell Carcinoma, Metastatic Colon Cancer, and Advanced Soft Tissue Sarcoma.
Samsung Electronics Co., Ltd. today announced a takeover of Outernet London, transforming the space into an immersive cultural destination for a limited time. Visitors can expect to find interactive zones, exclusive talks, a deep dive into Korean culture, and a chance to win unmissable prizes.
Open to the public from 9th July to 10th August at Outernet London, Samsung’s new Galaxy Z Fold7 Devices and ZFlip7 devices will be available for a hands-on experience, where visitors can be amongst the first to try out everything they have to offer. The space will immerse visitors in Samsung’s latest innovations and also play host to a series of exciting special events. Here are the top five things you can expect to find at Samsung’s Galaxy Experience Space:
Dive into K-culture
From learning your Korean zodiac sign to perfecting your K-pop content captures, visitors can join six unique sessions, each with a different theme to explore how the Galaxy Z Fold7 Series and Galaxy ZFlip7 Series can help you connect more deeply with culture and express your creativity.
Chances to win
All visitors to the Samsung Experience Space have the chance to win big, including Samsung Galaxy products and digital vouchers for discounts at local businesses. To be in with a chance, visitors will need to scan a QR code and complete three themed zones throughout the space – each of which gives you the chance to experience different Galaxy technologies.
Embrace your interests
There’s something for everyone at the Galaxy Experience Space. Gaming fans can enjoy a tournament which will allow them to experience Samsung tech at its best. Or for something a bit different, join content creator community UK Shooters for a workshop on how to be the best photographer using Samsung’s newest devices.
Level up your content game
Join Stefani Nurding, Team Samsung Galaxy Skateboarding ambassador, and content creator K Jordy for advice on creating viral videos and insights into how to level up your social media game. These special ticketed sessions will take place on 11th July, 18th July and 8th August.
See yourself on the big screen
As well as the Outernet site, Samsung will also host Galaxy Hangouts at iconic London locations for the duration of the takeover, where visitors can discover more about the Samsung Galaxy portfolio and submit a photo to be featured on the big screen at Outernet.
For more information, please visit: https://www.samsung.com/uk/store/samsung-kx/discover/Galaxy-experience-space-london.
Source: The Conversation – UK – By Breno Nunes, Associate professor in Sustainable Operations Management, Aston University
Since early January 2025, residents of Birmingham in the UK have been caught in the dispute between the city council and the Unite union over pay, terms and conditions for waste and recycling collectors. The latest attempt at talks broke down in acrimony.
At one point during the crisis, there were 17 tonnes of uncollected rubbish in Birmingham. Businesses and residents face public health and safety risks including pest infestations and the spread of disease and fire hazards.
These have tainted the reputation of the city and hurt its chances of hosting events and attracting visitors. The news of cat-sized rats in Birmingham has made headlines from the US to Australia.
Workers’ pay is being negotiated between the union and the council in Birmingham. However, this is a fairly dangerous job and, with an ageing population, it may become more difficult to hire new workers. We argue that a more fair approach would be to use technology to help transition workers (including through training) towards better paid and safer positions.
This would be an opportunity to build more sustainable waste management in the UK’s second largest city and beyond. Advances in robotics and AI are making automated refuse collection a reality, for example. Some cities in the US, Canada and parts of Europe already use robotics-enabled equipment in their refuse collection systems.
A shortage of skilled personnel threatens the transition towards a greener economy. People have to be at the centre of the solution. In this case, skilled workers are needed to keep different types of waste separate and so improve recycling rates.
The recovery value can be high for certain products such as electronics, automotive parts, as well as materials like plastic and metal. This is still difficult for machines to do.
Smart bins and automated trucks
Birmingham city council has already proposed improvements to waste collection. Based on publicly available information, it aims at increasing the number of rubbish trucks, reducing the number of collection days and retraining refuse collectors. But it has yet to take full advantage of existing advanced technologies.
The plan, for instance, proposes improving communication with residents about collection day via text messages. While welcome, this is rather basic. It was only during the pandemic that all recycling centres started using online booking systems. Prior to that, endless queues were common – wasting time and increasing emissions with traffic jams.
We argue that a whole-systems approach is needed to make the most of the opportunities new technology affords. Automated side loader trucks and smart bins are already used in various cities – the latter use sensors to monitor waste volumes and predict when collection is needed. The council could analyse the strengths and weaknesses of each technology in different areas of the city.
Side loader trucks, which can lift up large bins and empty them, automate a dangerous process and are already considered a mature technology, used in cities across the US, Canada and Sweden. These trucks are difficult to drive in narrow streets. But, where appropriate, their benefits include increased productivity, reduced collection costs and greater worker safety.
Sensors embedded in the vehicle, including from cameras, can provide data on the distribution of waste in different areas. This helps to produce a waste map. AI algorithms can analyse the data and provide customised collection schedules that optimise the use of trucks in the collection fleet. The algorithms can learn and be continuously revised to improve the service.
In busy areas of the city, information from smart bins can prevent rubbish accumulating. Advanced machine learning techniques can then be employed to further optimise the collection schedule by detecting, for instance, anomalies such as a sudden increase in some types of waste. Such systems can provide more adaptable solutions and increase the productivity of officers.
Pneumatic waste collection systems have been tested in Wembley, a suburb in northwest London. In this system, waste is sucked through underground pipes by a fan system at speeds approaching 50mph to a central point, where it is stored in airtight containers until further treatment takes place. More than 30 countries adopt this system.
Educating the public is vital too. Reducing waste in the first place is a good way to save money and would reduce pressure on waste collection systems.
As far as Birmingham goes, overlooking advanced technologies won’t make the council’s task of satisfying residents and waste collection teams any easier. We think a lot of people would be happier to see more robotics trucks and smart bins than more rats in the streets.
Breno Nunes receives funding from InnovateUK for a Knowledge Transfer Partnership (KTP) project on sustainable manufacturing strategy.
Roberto Castro Alamino 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.
In the heart of Paris, an international researcher explores ancient DNA to uncover the history of infectious diseases and how they shaped humanity. With support from the European Research Council (ERC), his lab investigates pathogens from the Americas before and after European contact, revealing insights into how diseases emerged and spread. Surrounded by a vibrant, interdisciplinary community of scientists, he reflects on Europe’s unique balance between research freedom, collaboration, and personal well-being. This is a story of discovery, opportunity, and the transformative power of science across borders.
00:00 Finding New Opportunities
00:12 A Thriving Scientific Community
00:32 Balancing Work and Life
00:49 Digging Into the Past
01:43 Freedom to do Research in Europe
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CFTC Issues Advisory on Referrals for Potential Criminal Enforcement | CFTC
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July 09, 2025
WASHINGTON, D.C. — The Commodity Futures Trading Commission’s Division of Enforcement today issued an advisory to provide guidance describing its plan to address criminally liable regulatory offenses in accordance with Executive Order 14294, Fighting Overcriminalization in Federal Regulations. The advisory announces the framework to be followed when DOE, as the CFTC division responsible for making referrals to the Department of Justice, considers whether to refer potential violations of criminal regulatory offenses to DOJ. The advisory also includes a set of factors DOE staff should consider when determining whether to refer alleged violations of criminal regulatory offenses to DOJ. Those factors include:
The harm or risk of harm, financial or otherwise, caused by the potential offense. The potential gain to the alleged defendant that could result from the offense. Whether the alleged defendant held specialized knowledge, expertise, or was licensed in an industry related to the rule or regulation at issue. Evidence, if any is available, of the alleged defendant’s general awareness of the unlawfulness of his conduct as well as his knowledge or lack thereof of the regulation at issue. Whether the alleged defendant is a recidivist or has otherwise engaged in a pattern of misconduct. Whether DOJ’s involvement will provide additional meaningful protection to participants in the derivatives markets.
The advisory is issued in accordance with section 7 of the Executive Order in lieu of the requirement for publication in the Federal Register. Currently, there is no majority vote of the Commission to authorize Federal Register publication.
LONDON, July 09, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, will announce its financial results for the second quarter on Thursday, July 31, 2025, before the market opens.
The company will host a conference call to discuss its financial results at 9:00 a.m. Eastern Time on Thursday, July 31, 2025. A live, listen-only webcast of the conference call will be available on WTW’s website. Analysts and institutional investors may participate in the conference call’s question-and-answer session by registering in advance here.
An online replay will be available at investors.wtwco.com shortly after the call concludes.
About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.
LONDON, July 09, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, will announce its financial results for the second quarter on Thursday, July 31, 2025, before the market opens.
The company will host a conference call to discuss its financial results at 9:00 a.m. Eastern Time on Thursday, July 31, 2025. A live, listen-only webcast of the conference call will be available on WTW’s website. Analysts and institutional investors may participate in the conference call’s question-and-answer session by registering in advance here.
An online replay will be available at investors.wtwco.com shortly after the call concludes.
About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.
LONDON, July 09, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, will announce its financial results for the second quarter on Thursday, July 31, 2025, before the market opens.
The company will host a conference call to discuss its financial results at 9:00 a.m. Eastern Time on Thursday, July 31, 2025. A live, listen-only webcast of the conference call will be available on WTW’s website. Analysts and institutional investors may participate in the conference call’s question-and-answer session by registering in advance here.
An online replay will be available at investors.wtwco.com shortly after the call concludes.
About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.