Category: Business

  • MIL-OSI: PS Miner announces rapid progress in its AI cloud mining infrastructure after raising $350 million in Series B funding

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 08, 2025 (GLOBE NEWSWIRE) — PS Miner, a UK cloud mining platform headquartered in Southwark, London, was founded in 2019. On July 1, 2025, it announced the successful completion of its Series B financing, receiving $350 million to support the integration of artificial intelligence technology into its cloud mining business. This round of financing was participated by several investment institutions with expertise in blockchain and sustainable technology.
    The company said the newly raised funds will be used to enhance its global network of renewable energy data centers and develop artificial intelligence mining systems designed to improve operational efficiency. These systems are designed to dynamically manage computing resources, predict optimal mining intervals, and reduce overall energy consumption, thereby increasing block verification success rates and operational stability.
    PS Miner currently operates more than 50 data centers in multiple countries. These facilities are powered by renewable energy such as wind and solar energy, in line with the company’s environmentally sustainable mining strategy. The platform serves more than 7 million users in more than 180 countries and regions.
    Cloud Mining Overview
    Cloud mining allows users to access cryptocurrency mining capabilities by renting computing power from a service provider without having to purchase and maintain physical hardware. This model provides an alternative to traditional mining, which usually requires a lot of capital investment and technical expertise.
    Open the website: psminer.com, and you can get a mining experience contract worth $12 after registration.
    PS Miner supports a variety of digital assets, including BTC, ETH, DOGE, USDT, USDC, LTC, XRP, SOL and BCH. The mining business is fully managed by the company, including hardware maintenance and infrastructure operations.
    Integration of AI
    Integrating AI into PS Miner’s cloud mining framework aims to optimize resource allocation and performance in real time. This approach is expected to reduce power consumption in renewable energy centers and improve system responsiveness.
    The company has stated that it plans to expand its green data center layout in Europe, North America and Asia. These centers are expected to use wind and hydroelectric power to provide low-cost and sustainable mining capacity.
    Mining Contract Structure
    PS Miner offers a variety of cloud mining contract options. These contracts vary in terms of duration and computing power allocation. After the contract is activated, mining income is settled on a daily basis, and the contract principal is returned when the contract expires.
    The existing contract levels include terms of 1 to 60 days, and are adjusted accordingly based on the scale of calculations and expected net income. For more details on cloud mining contracts, please visit: https://psminer.com/project
    Here are some of the contract displays:

    For more information, please contact online customer service or send a message to PS Miner’s corporate email: info@psminer.com
    Official website: https://psminer.com/

    Attachment

    The MIL Network

  • MIL-OSI: UPDATE – KingsRock Advisors Announces Dr. Josef Ackermann as Chairman of New Advisory Board, Additional Senior Hires and Senior Advisors, and Inaugural Capital Raise

    Source: GlobeNewswire (MIL-OSI)

    – This Strengthens KingsRock’s Business Across Geographies and Industries

    NEW YORK and LONDON and STOCKHOLM and DUBAI, United Arab Emirates, July 08, 2025 (GLOBE NEWSWIRE) — KingsRock Advisors, LLC (“KingsRock”), an independent global advisory firm, announced today the formation of a new Advisory Board chaired by Dr. Josef Ackermann, previously the long-term CEO of Deutsche Bank. Furthermore, the firm announced a series of new Senior Hires, additional Senior Advisors, and an inaugural Capital Raise. This expansion aims to accelerate the growth of KingsRock’s capital solutions and corporate finance business across industries, geographies, and capital structures.

    We are pleased to welcome Dr. Josef Ackermann as Chairman and the following Senior Banking Executives who have agreed to serve as Members of our new KingsRock Advisory Board:

    Dr. Josef Ackermann Zurich, former Chairman of the Management Board, Deutsche Bank
    Fred Brettschneider New York, former Head of Deutsche Bank Global Markets Americas
    Yassine Bouhara Dubai, CEO Tell Group, former Global Head of Deutsche Bank Global Equities
    Kevin Parker New York, CEO SICM,  former CEO of Deutsche Asset Management
    Bernardo Parnes Sao Paolo, CEO of One Partners, former CEO of Deutsche Bank Latin America
    Jon Vaccaro Darien, Founder V20 Group, former Global Head of Deutsche Bank CRE
    Seth Waugh Palm Beach, former CEO of Deutsche Bank Americas, former Chairman of PGA
       

    We are pleased to welcome the following Senior Investment Bankers who have joined KingsRock recently in the US and EMEA as Managing Directors, with further expansion planned:

    David Barcus New York, former BNP and Raymond James
    John Doyamis New York, former EBG, and Bear Stearns
    Leo-Hendrik Greve Amsterdam, former ING, Citi and MS
    Rony Jawhar Dubai, former Arqaam and Deutsche Bank
    Bray Kelly New York, former JBK Capital and UBS
    Joe Lovrics Madrid, former Societe General, Citi, and BNP
    Bill Miller New York, Commerce Street, TPG Sixth Street, Citi
    Hans Narberhaus Madrid, former Deutsche Bank 
    Laurent Quelin London, former Chenavari, and CS
    Francois-Louise Ricard Paris, former Groupe Caisse des Depots, MS and SG
    Jorge de los Rios Madrid, former Santander, S&P and Lehman
    Mike Turnbull London, former StormHarbour, BAML and MS
    Andrew Whittaker New York, Lazard, GSAM and Lehman 
       

    In Q2 we were also joined by Gregor Bates, Associate, London, and Analysts Matt Farrell, Nikita Spivakov, and Tim O’Callaghan in New York.

    We also welcome George Parker, New York, as Senior Advisor for Operations.

    This team’s decades of investment banking experience across Origination, Advisory, Capital Markets, Structuring, and Leveraged Finance should help propel our growth and strategy to originate, structure, and distribute private capital markets transactions and provide strategic advisory services. Our goal is to further strengthen KingsRock’s ability to serve issuer clients and the private credit, special situations and private equity investor universe with ever more tailor-made capital solutions and investment opportunities.

    Expansion of our Global Network of Senior Advisors

    We are also pleased to announce that we now have 120 (one hundred and twenty) Senior Advisors from approximately 50 countries around the world. Each is a truly Independent Advisor with his or her own interest and focus, some with companies that we have partnered with, etc. Many of these advisors comprised the most senior leadership of Deutsche Bank and oversaw a wide range of functions, from CEO and six other former Management Board Members, to Country Heads and Divisional Heads of M&A, Capital Markets, and Heads of Sales, Coverage, Industry Groups, Economists, Operations, etc.

    This unique Global Network of former colleagues and friends as our Senior Advisors allows KingsRock access to key decision makers nearly anywhere in the world, spanning companies, institutional investors, financial institutions, and the public sector. It also offers mutual benefits in deal making through origination, execution, and distribution, be it a cross-border M&A transaction or bespoke institutional capital raising deal.

    We are also pleased to Announce a successful close of our inaugural third-party capital raise for KingsRock Advisors LLC, to support our expansion and elevate our investment banking boutique, with further strategic growth planned. We thank all of our investors for their strong support.

    “We are excited to welcome our new Senior Advisory Board Members, our new Managing Directors, Associate and Analyst colleagues, and our Senior Advisors network to KingsRock as we continue to expand the global reach of our capital solutions business. Together with our inaugural capital raise to boost and increase the visibility of our platform, successfully concluded in Q2, we are truly thrilled with the progress our young firm is making to serve our clients and support our ambitious growth. In the near term, we will share more details about our expansion across our financial services offering,” said Håkan Wohlin, Founder & Managing Partner, and Louis Jaffe, Co-Founder & Managing Partner.

    KingsRock has already announced and closed several significant transactions in 2025. Angel Oak’s recently announced sale to Brookfield, where KingsRock Advisors served as the Exclusive Financial Advisor to Angel Oak, is indeed a landmark transaction. On April 1st, 2025, Brookfield Asset Management and Angel Oak to Entered into Strategic Partnership. KingsRock Securities LLC, a wholly owned subsidiary of KingsRock Advisors LLC, acted as Exclusive Financial Advisor to Angel Oak Companies.

    About KingsRock:

    KingsRock Advisors, LLC headquartered at 900 Third Avenue, New York, NY 10022, is an independent global advisory firm, with securities offered by KingsRock Securities LLC, a FINRA member firm and SIPC, as well as KingsRock Advisors UK Ltd and KingsRock Advisors Europe AB, both wholly owned subsidiaries of KingsRock Advisors LLC.

    Founded in 2020, KingsRock comprises a team of approximately 40 full time professionals who advise on a wide range of private capital markets transactions including debt, hybrid, equity and M&A covering structures from vanilla to highly structured. The team collectively has worked on thousands of transactions across various industry sectors worldwide. Clients include private equity and private credit firms, corporations, financial institutions, government-related entities, and institutional investors.

    KingsRock Advisors offers the experience and global reach of a large firm, combined with the structural agility and creativity of a boutique. An independent advisory firm with a global network that provides unconflicted strategic and financial advisory services, along with innovative capital solutions and special situations. The firms’ bankers excel in complex transactions and deliver swift results often where large banks and traditional sources of financing do not have the ability to engage. KingsRock advisors operates across all major industry sectors and is supported by a global network of 120 independent Senior Advisors across 50 countries, who bring decades of deal making experience.

    Disclaimer:

    Securities offered by KingsRock Securities LLC, a FINRA member firm and a member of SIPC., a wholly owned subsidiary of KingsRock Advisors LLC. • 900 Third Avenue, 10th Floor • New York, NY 10022.

    KingsRock Advisors UK Ltd is a private limited company registered in England and Wales with registration number 15240371. KingsRock Advisors UK Ltd (FRN 1006329) is an Appointed Representative under Bluegrove Capital Management Ltd (FRN: 960363), which is authorised and regulated by the Financial Conduct Authority.

    KingsRock Advisors Europe AB is incorporated in Sweden (EU), with registered office at Grev Turegatan 14, 114 46 Stockholm, Sweden, and is a tied agent of Svensk Värdepappersservice i Stockholm AB, a Swedish investment firm authorized and regulated by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) under the Swedish Securities Market Act (Sw. lag (2007:528) om värdepappersmarknaden).

    This message is provided for information purposes and does not constitute an invitation, solicitation or offer to buy or sell any securities or investment. Neither KingsRock Securities, LLC nor its affiliates provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel.

    The MIL Network

  • MIL-OSI: UPDATE – KingsRock Advisors Announces Dr. Josef Ackermann as Chairman of New Advisory Board, Additional Senior Hires and Senior Advisors, and Inaugural Capital Raise

    Source: GlobeNewswire (MIL-OSI)

    – This Strengthens KingsRock’s Business Across Geographies and Industries

    NEW YORK and LONDON and STOCKHOLM and DUBAI, United Arab Emirates, July 08, 2025 (GLOBE NEWSWIRE) — KingsRock Advisors, LLC (“KingsRock”), an independent global advisory firm, announced today the formation of a new Advisory Board chaired by Dr. Josef Ackermann, previously the long-term CEO of Deutsche Bank. Furthermore, the firm announced a series of new Senior Hires, additional Senior Advisors, and an inaugural Capital Raise. This expansion aims to accelerate the growth of KingsRock’s capital solutions and corporate finance business across industries, geographies, and capital structures.

    We are pleased to welcome Dr. Josef Ackermann as Chairman and the following Senior Banking Executives who have agreed to serve as Members of our new KingsRock Advisory Board:

    Dr. Josef Ackermann Zurich, former Chairman of the Management Board, Deutsche Bank
    Fred Brettschneider New York, former Head of Deutsche Bank Global Markets Americas
    Yassine Bouhara Dubai, CEO Tell Group, former Global Head of Deutsche Bank Global Equities
    Kevin Parker New York, CEO SICM,  former CEO of Deutsche Asset Management
    Bernardo Parnes Sao Paolo, CEO of One Partners, former CEO of Deutsche Bank Latin America
    Jon Vaccaro Darien, Founder V20 Group, former Global Head of Deutsche Bank CRE
    Seth Waugh Palm Beach, former CEO of Deutsche Bank Americas, former Chairman of PGA
       

    We are pleased to welcome the following Senior Investment Bankers who have joined KingsRock recently in the US and EMEA as Managing Directors, with further expansion planned:

    David Barcus New York, former BNP and Raymond James
    John Doyamis New York, former EBG, and Bear Stearns
    Leo-Hendrik Greve Amsterdam, former ING, Citi and MS
    Rony Jawhar Dubai, former Arqaam and Deutsche Bank
    Bray Kelly New York, former JBK Capital and UBS
    Joe Lovrics Madrid, former Societe General, Citi, and BNP
    Bill Miller New York, Commerce Street, TPG Sixth Street, Citi
    Hans Narberhaus Madrid, former Deutsche Bank 
    Laurent Quelin London, former Chenavari, and CS
    Francois-Louise Ricard Paris, former Groupe Caisse des Depots, MS and SG
    Jorge de los Rios Madrid, former Santander, S&P and Lehman
    Mike Turnbull London, former StormHarbour, BAML and MS
    Andrew Whittaker New York, Lazard, GSAM and Lehman 
       

    In Q2 we were also joined by Gregor Bates, Associate, London, and Analysts Matt Farrell, Nikita Spivakov, and Tim O’Callaghan in New York.

    We also welcome George Parker, New York, as Senior Advisor for Operations.

    This team’s decades of investment banking experience across Origination, Advisory, Capital Markets, Structuring, and Leveraged Finance should help propel our growth and strategy to originate, structure, and distribute private capital markets transactions and provide strategic advisory services. Our goal is to further strengthen KingsRock’s ability to serve issuer clients and the private credit, special situations and private equity investor universe with ever more tailor-made capital solutions and investment opportunities.

    Expansion of our Global Network of Senior Advisors

    We are also pleased to announce that we now have 120 (one hundred and twenty) Senior Advisors from approximately 50 countries around the world. Each is a truly Independent Advisor with his or her own interest and focus, some with companies that we have partnered with, etc. Many of these advisors comprised the most senior leadership of Deutsche Bank and oversaw a wide range of functions, from CEO and six other former Management Board Members, to Country Heads and Divisional Heads of M&A, Capital Markets, and Heads of Sales, Coverage, Industry Groups, Economists, Operations, etc.

    This unique Global Network of former colleagues and friends as our Senior Advisors allows KingsRock access to key decision makers nearly anywhere in the world, spanning companies, institutional investors, financial institutions, and the public sector. It also offers mutual benefits in deal making through origination, execution, and distribution, be it a cross-border M&A transaction or bespoke institutional capital raising deal.

    We are also pleased to Announce a successful close of our inaugural third-party capital raise for KingsRock Advisors LLC, to support our expansion and elevate our investment banking boutique, with further strategic growth planned. We thank all of our investors for their strong support.

    “We are excited to welcome our new Senior Advisory Board Members, our new Managing Directors, Associate and Analyst colleagues, and our Senior Advisors network to KingsRock as we continue to expand the global reach of our capital solutions business. Together with our inaugural capital raise to boost and increase the visibility of our platform, successfully concluded in Q2, we are truly thrilled with the progress our young firm is making to serve our clients and support our ambitious growth. In the near term, we will share more details about our expansion across our financial services offering,” said Håkan Wohlin, Founder & Managing Partner, and Louis Jaffe, Co-Founder & Managing Partner.

    KingsRock has already announced and closed several significant transactions in 2025. Angel Oak’s recently announced sale to Brookfield, where KingsRock Advisors served as the Exclusive Financial Advisor to Angel Oak, is indeed a landmark transaction. On April 1st, 2025, Brookfield Asset Management and Angel Oak to Entered into Strategic Partnership. KingsRock Securities LLC, a wholly owned subsidiary of KingsRock Advisors LLC, acted as Exclusive Financial Advisor to Angel Oak Companies.

    About KingsRock:

    KingsRock Advisors, LLC headquartered at 900 Third Avenue, New York, NY 10022, is an independent global advisory firm, with securities offered by KingsRock Securities LLC, a FINRA member firm and SIPC, as well as KingsRock Advisors UK Ltd and KingsRock Advisors Europe AB, both wholly owned subsidiaries of KingsRock Advisors LLC.

    Founded in 2020, KingsRock comprises a team of approximately 40 full time professionals who advise on a wide range of private capital markets transactions including debt, hybrid, equity and M&A covering structures from vanilla to highly structured. The team collectively has worked on thousands of transactions across various industry sectors worldwide. Clients include private equity and private credit firms, corporations, financial institutions, government-related entities, and institutional investors.

    KingsRock Advisors offers the experience and global reach of a large firm, combined with the structural agility and creativity of a boutique. An independent advisory firm with a global network that provides unconflicted strategic and financial advisory services, along with innovative capital solutions and special situations. The firms’ bankers excel in complex transactions and deliver swift results often where large banks and traditional sources of financing do not have the ability to engage. KingsRock advisors operates across all major industry sectors and is supported by a global network of 120 independent Senior Advisors across 50 countries, who bring decades of deal making experience.

    Disclaimer:

    Securities offered by KingsRock Securities LLC, a FINRA member firm and a member of SIPC., a wholly owned subsidiary of KingsRock Advisors LLC. • 900 Third Avenue, 10th Floor • New York, NY 10022.

    KingsRock Advisors UK Ltd is a private limited company registered in England and Wales with registration number 15240371. KingsRock Advisors UK Ltd (FRN 1006329) is an Appointed Representative under Bluegrove Capital Management Ltd (FRN: 960363), which is authorised and regulated by the Financial Conduct Authority.

    KingsRock Advisors Europe AB is incorporated in Sweden (EU), with registered office at Grev Turegatan 14, 114 46 Stockholm, Sweden, and is a tied agent of Svensk Värdepappersservice i Stockholm AB, a Swedish investment firm authorized and regulated by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) under the Swedish Securities Market Act (Sw. lag (2007:528) om värdepappersmarknaden).

    This message is provided for information purposes and does not constitute an invitation, solicitation or offer to buy or sell any securities or investment. Neither KingsRock Securities, LLC nor its affiliates provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel.

    The MIL Network

  • MIL-OSI USA: Two Weeks Left to Apply for Disaster Assistance for South Texas Severe Storms and Flooding

    Source: US Federal Emergency Management Agency

    Headline: Two Weeks Left to Apply for Disaster Assistance for South Texas Severe Storms and Flooding

    Two Weeks Left to Apply for Disaster Assistance for South Texas Severe Storms and Flooding

    AUSTIN, Texas – South Texas residents who have been affected by the March severe storms and flooding have two weeks left to apply for disaster assistance

    Homeowners and renters in Cameron, Hidalgo, Starr and Willacy counties who were displaced or have property damage from the March 26-28 storms have until Tuesday, July 22, 2025, to apply for FEMA Assistance

     To date, more than $70

    5 million in state and federal assistance has been approved for South Texas survivors

    This includes: $39

    2 million for Housing Assistance and $31

    3 million for Other Needs Assistance

    There are many types of assistance available for survivors with uninsured losses

    Assistance may include money for rent, home repair or replacement, vehicle damage, medical expenses, moving and storage, and temporary housing

    While FEMA cannot duplicate insurance payments, it may be able to help where insurance did not

    File your insurance claim first, then apply for FEMA Assistance

    There are several ways to apply or check the status of your application:The fastest is by going online to DisasterAssistance

    govDownload the FEMA App for mobile devices Call the FEMA helpline at 800-621-3362 between 6 a

    m

    and 10 p

    m

    CT

    Help is available in most languages

    Visit a Disaster Recovery Center for in person support

    To find a center close to you, go online to: DRC Locator, or text DRC along with your Zip Code to 43362 (Ex: DRC 78552)

     To view an accessible video about how to apply visit: Three Ways to Register for FEMA Disaster Assistance – YouTubeResidents and businesses in the four eligible counties can also apply for a low-interest disaster loan from the U

    S

    Small Business Administration (SBA) to help recover

    Texas residents can apply for a disaster loan online at SBA

    gov/disaster or by calling 800-659-2955

     To find a Texas location for in-person assistance, visit appointment

    sba

    gov/schedule/

    No appointment is necessary

    The filing deadline to return applications for SBA low interest disaster loans physical property damage due to the March severe storms and flooding is July 22, 2025

    For the latest information about Texas’ recovery, visit fema

    gov/disaster/4871

    Follow FEMA Region 6 on social media at x

    com/FEMARegion6 and at facebook

    com/FEMARegion6
    toan

    nguyen
    Tue, 07/08/2025 – 14:43

    MIL OSI USA News

  • MIL-OSI USA: Mobile Disaster Recovery Centers Open in Cheatham and Dickson Counties

    Source: US Federal Emergency Management Agency

    Headline: Mobile Disaster Recovery Centers Open in Cheatham and Dickson Counties

    Mobile Disaster Recovery Centers Open in Cheatham and Dickson Counties

    Mobile Disaster Recovery Centers are now open in Cheatham and Dickson counties to assist Tennesseans who experienced damage or loss from the April 2-24 severe storms, straight-line winds, tornadoes and flooding

     Cheatham County: Kingston Springs City Hall, 396 Spring Street, Kingston Springs, TN 37082Hours: 8 a

    m

    -3:30 p

    m

    CT Today; 8:00 a

    m

    -6:00 p

    m

    Wednesday-Saturday

    Closed Sunday Dickson County: Dickson County Government Building, 303 Henslee Drive, Dickson, TN 37005Hours: 8 a

    m

    –6 p

    m

    CT Tuesday-Friday; Saturday 9:00 a

    m

    -1:00 p

    m

    Closed SundayWhen the above recovery centers move to a new location or a new recovery center opens, details will be provided to the public

    To find a center near you, visit fema

    gov/drc

    Homeowners and renters in Cheatham, Davidson, Dickson, Dyer, Hardeman, McNairy, Montgomery, Obion and Wilson counties can apply for FEMA assistance at a recovery center

    FEMA representatives will help with applications for federal assistance and provide information about other disaster recovery resources

      The deadline to apply for assistance is Aug

    19

    FEMA financial assistance may include money for basic home repairs or other uninsured, disaster-related needs, such as childcare, vehicle, medical needs, funeral expenses or the replacement of personal property

    In addition to FEMA personnel, representatives from the U

    S

    Small Business Administration and state agencies will be available to assist survivors

    It is not necessary to go to a center to apply for FEMA assistance

    Apply online at DisasterAssistance

    gov, use the FEMA App for mobile devices or call the FEMA Helpline at 800-621-3362

    Lines are open seven days a week and specialists speak many languages

    To view an accessible video on how to apply, visit Three Ways to Apply for FEMA Disaster Assistance – YouTube

    kwei

    nwaogu
    Tue, 07/08/2025 – 15:07

    MIL OSI USA News

  • MIL-OSI USA: Two Weeks Left to Apply for Federal Assistance for April Storms

    Source: US Federal Emergency Management Agency

    Headline: Two Weeks Left to Apply for Federal Assistance for April Storms

    Two Weeks Left to Apply for Federal Assistance for April Storms

    LITTLE ROCK, Ark

    – Time is running out

    Only two weeks are left for homeowners, renters and businesses to apply for federal disaster assistance if you had damage or losses in the April 2-22 severe storms, tornadoes and flooding in Arkansas

    You may qualify for federal assistance if you are a resident of Clark, Clay, Craighead, Crittenden, Desha, Fulton, Greene, Hot Spring, Jackson, Miller, Ouachita, Pulaski, Randolph, St

    Francis, Saline, Sharp or White County

    Disaster survivors are encouraged to file insurance claims for damage or losses to their primary homes, personal property and vehicles before applying for FEMA assistance

     FEMA grants do not have to be repaid and FEMA assistance is not taxable and will not affect eligibility for Social Security, Medicaid or other federal benefits

    FEMA assistance may include rental assistance, lodging expenses reimbursement, home repair assistance, and home replacement assistance

    The Individual Assistance program is designed to help you with basic home repair costs and temporary housing if you are unable to live in your home while you look for a long-term or permanent housing solution

     You may qualify for FEMA disaster assistance even if you have insurance

    However, you will need to file a claim with your insurance carrier and submit the insurance settlement or denial letter to FEMA

    By law, FEMA cannot pay for losses covered by your insurance

    Low-interest disaster loans from the U

    S

    Small Business Administration are also available to Arkansas residents, businesses of all sizes and nonprofit organizations that are recovering from the April storms

    To apply to SBA or to download an application, go to SBA

    gov/disaster

    You may also call SBA’s Customer Service Center at 800-659-2955 or email DisasterCustomerService@sba

    gov

    The deadline to apply for FEMA assistance or an SBA loan for physical property damage is Tuesday, July 22
    toan

    nguyen
    Tue, 07/08/2025 – 14:28

    MIL OSI USA News

  • MIL-OSI Analysis: How Philadelphia’s current sanitation strike differs from past labor disputes in the city

    Source: The Conversation – USA – By Francis Ryan, Associate Professor of Labor Studies and Employment Relations, Rutgers University

    Curbside trash collection has been on pause in Philadelphia since July 1, 2025. AP Photo/Matt Slocum

    As the Philadelphia municipal worker strike enters its second week, so-called “Parker piles” – large collections of garbage that some residents blame on Mayor Cherelle Parker – continue to build up in neighborhoods across the city.

    The AFSCME District Council 33 union on strike represents about 9,000 blue-collar workers in the city, including sanitation workers, 911 dispatchers, city mechanics and water department staff.

    The Conversation U.S. asked Francis Ryan, a professor of labor studies at Rutgers University and author of “AFSCME’s Philadelphia Story: Municipal Workers and Urban Power in Philadelphia in the Twentieth Century,” about the history of sanitation strikes in Philly and what makes this one unique.

    Has anything surprised you about this strike?

    This strike marks the first time in the history of labor relations between the City of Philadelphia and the AFSCME District Council 33 union where social media is playing a significant role in how the struggle is unfolding.

    The union is getting their side of the story out on Instagram and other social media platforms, and citizens are taking up or expressing sympathy with their cause.

    Some city residents are referring to the garbage build-up sites as ‘Parker piles.’
    AP Photo/Tassanee Vejpongsa

    How successful are trash strikes in Philly or other U.S. cities?

    As I describe in my book, Philadelphia has a long history of sanitation strikes that goes back to March 1937. At that time, a brief work stoppage brought about discussions between the city administration and an early version of the current union.

    When over 200 city workers were laid off in September 1938, city workers called a weeklong sanitation strike. Street battles raged in West Philadelphia when strikers blocked police-escorted trash wagons that were aiming to collect trash with workers hired to replace the strikers.

    Philadelphia residents, many of whom were union members who worked in textile, steel, food and other industries rallied behind the strikers. The strikers’ demands were met, and a new union, the American Federation of State, County and Municipal Employees, or AFSCME, was formally recognized by the city.

    This strike was a major event because it showed how damaging a garbage strike could be. The fact that strikers were willing to fight in the streets to stop trash services showed that such events had the potential for violence, not to mention the health concerns from having tons of trash on the streets.

    There was another two-week trash strike in Philadelphia in 1944, but there wouldn’t be another for more than 20 years.

    However, a growing number of sanitation strikes popped up around the country in the 1960s, the most infamous being the 1968 Memphis Sanitation Strike.

    Black sanitation workers peacefully march wearing placards reading ‘I Am A Man’ during the Memphis sanitation strike in 1968.
    Bettmann via Getty Images

    In Memphis, a majority African American sanitation workforce demanded higher wages, basic safety procedures and recognition of their union. Dr. Martin Luther King, Jr. rallied to support the Memphis workers and their families as part of his Poor Peoples’ Campaign, which sought to organize working people from across the nation into a new coalition to demand full economic and political rights.

    On April 4, 1968, Dr. King was assassinated. His death put pressure on Memphis officials to settle the strike, and on April 16 the the strikers secured their demands.

    Following the Memphis strike, AFSCME began organizing public workers around the country and through the coming years into the 1970s, there were sanitation strikes and slowdowns across the nation including in New York City, Atlanta, Cleveland and Washington, D.C. Often, these workers, who were predominantly African American, gained the support of significant sections of the communities they served and secured modest wage boosts.

    By the 1980s, such labor actions were becoming fewer. In 1986, Philadelphia witnessed a three-week sanitation strike that ended with the union gaining some of its wage demands, but losing on key areas related to health care benefits.

    Workers begin removing mounds of trash after returning to work after the 18-day strike in Philadelphia in July 1986.
    Bettmann via Getty Images

    How do wages and benefits for DC33 workers compare to other U.S. cities?

    DC 33 president Greg Boulware has said that the union’s members make an average salary of $46,000 per year. According to MIT’s Living Wage Calculator, that is $2,000 less than what a single adult with no kids needs to reasonably support themselves living in Philadelphia.

    Sanitation workers who collect curbside trash earn a salary of $42,500 to $46,200, or $18-$20 an hour. NBC Philadelphia reports that those wages are the lowest of any of the major cities they looked at. Hourly wages in the other cities they looked at ranged from $21 an hour in Dallas to $25-$30 an hour in Chicago.

    Unlike other eras, the fact that social media makes public these personal narratives and perspectives – like from former sanitation worker Terrill Haigler, aka “Ya Fav Trashman” – is shaping the way many citizens respond to these disruptions. I see a level of support for the strikers that I believe is unprecedented going back as far as 1938.

    What do you think is behind this support?

    The pandemic made people more aware of the role of essential workers in society. If the men and women who do these jobs can’t afford their basic needs, something isn’t right. This may explain why so many people are seeing things from the perspective of striking workers.

    At the same time, money is being cut from important services at the federal, state and local levels. The proposed gutting of the city’s mass transit system by state lawmakers is a case in point. Social media allows people to make these broader connections and start conversations.

    If the strike continues much longer, I think it will gain more national and international attention, and bring discussions about how workers should be treated to the forefront.

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

    ref. How Philadelphia’s current sanitation strike differs from past labor disputes in the city – https://theconversation.com/how-philadelphias-current-sanitation-strike-differs-from-past-labor-disputes-in-the-city-260676

    MIL OSI Analysis

  • MIL-OSI: Spartan Capital Securities, LLC Serves as Placement Agent in Lixte Biotechnology Holdings, Inc.’s $5.0 Million Private Placement

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 08, 2025 (GLOBE NEWSWIRE) — Spartan Capital Securities, LLC, a premier investment banking firm, is pleased to announce the closing of a $5.0 million private placement 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 2, 2025. The offering, priced at the market under Nasdaq rules, consisted of the sale of Common Stock (or Pre-Funded Warrants), Series B Convertible Preferred Stock, and Common Warrants to accredited investors.

    The Company received gross proceeds of approximately $5.0 million, with $4.0 million received at closing and the remaining $1.0 million to be received upon effectiveness of a resale registration statement. Proceeds will be used for general corporate purposes and working capital.

    “We’re proud to have acted as the placement agent for Lixte Biotechnology Holdings, Inc. in this successful transaction,” said John Lowry, CEO of Spartan Capital Securities. “Lixte’s commitment to advancing innovative oncology therapies marks a significant step forward in cancer research and treatment. We’re honored to support their mission and contribute to progress in such a critical area of healthcare.”

    Lixte was represented by TroyGould PC, while Spartan Capital Securities was represented by Kaufman & Canoles, P.C.

    Additional details regarding the offering can be found in the Company’s Form 8-K filed with the U.S. Securities and Exchange Commission at www.sec.gov.

    The securities sold in this private placement were not registered under the Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States unless pursuant to an effective registration statement or an applicable exemption from registration.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful.

    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.

    For more information about Spartan Capital Securities, visit www.spartancapital.com.

    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 underway for colon, small cell lung, and sarcoma cancers.

    For more information about Lixte, visit www.lixte.com.

    Contact:

    Spartan Capital Securities, LLC
    45 Broadway, 19th Floor
    New York, NY 10006
    investmentbanking@spartancapital.com

    The MIL Network

  • MIL-OSI: U.S. Based Company iDox.ai Expands Access to Scalable AI-Powered Redaction Tools for Privacy Compliance Across U.S. Sectors

    Source: GlobeNewswire (MIL-OSI)

    Fremont, California, July 08, 2025 (GLOBE NEWSWIRE) — iDox.ai, a U.S.-based company specializing in artificial intelligence-driven data protection, is expanding its reach across public and private sectors with redaction tools designed to meet national privacy compliance standards. As data privacy regulations grow increasingly complex, the need for accurate, scalable redaction software has become a priority for organizations managing sensitive information.

    iDox.ai logo

    Founded and headquartered in the United States, iDox.ai develops tools that help agencies and enterprises meet regulatory requirements such as HIPAA, CCPA, FOIA, and CJIS. Its AI-based platform supports over 47 file types, including Microsoft Word, Excel, PowerPoint, PDFs, and more, allowing organizations to redact structured, unstructured, and semi-structured data without relying on manual workflows.

    “Our platform was built to help U.S. organizations protect private data while reducing the time and error involved in manual redaction,” said a spokesperson from iDox.ai. “It is designed for both speed and precision, with AI that improves as users interact with it.”

    One of the company’s key features is its personalized AI engine. This system adapts to an organization’s specific needs over time, learning from user input to prioritize workflow-specific redaction preferences. This makes it particularly effective for fields such as legal services, healthcare administration, and financial compliance.

    The software goes beyond standard personally identifiable information (PII) detection. It is able to identify and redact unique data formats such as check numbers, bank routing codes, account identifiers, legal citations, and docket numbers, ensuring complete coverage under multiple regulatory frameworks.

    Current users of iDox.ai’s redaction tools include government departments handling Freedom of Information Act requests, healthcare providers redacting medical records in accordance with HIPAA, law firms managing confidential case data, and financial institutions processing sensitive transactions.

    All data is processed and hosted in the United States, with strict alignment to federal and state compliance requirements. The platform also offers role-based access controls and audit trails to support internal accountability and legal defensibility.

    With a growing demand for reliable redaction software, iDox.ai continues to support U.S.-based organizations in navigating the evolving privacy landscape.

    The MIL Network

  • MIL-OSI Economics: Committee highlights active engagement and thematic progress at Trade and Environment Week

    Source: WTO

    Headline: Committee highlights active engagement and thematic progress at Trade and Environment Week

    Trade and Environment Week 2025
    The WTO Secretariat report on the event highlighted the active engagement and vibrant discussions that took place throughout Trade and Environment Week as members and stakeholders explored the evolving relationship between trade and the environment. The 15 sessions, organized by WTO members, attracted high levels of participation, both in person and online.
    Key topics included agriculture and sustainability, climate resilience, carbon measures, deforestation and the circular economy, and decarbonizing supply chains. In addition, three WTO environmental initiatives – on fossil fuel subsidies, plastic pollution and sustainable development solutions – hosted events emphasizing inclusive approaches and developing country perspectives.
    Members hailed the event’s successful conclusion, acknowledging the breadth and depth of its discussions and its value as a platform for sharing experiences, generating new ideas and fostering collaboration among members and diverse stakeholders to better leverage trade policy in support of environmental sustainability and climate goals.
    The full programme and video recordings of the 2025 Trade and Environment Week are available here.
    Submissions
    At the 4 July meeting of the CTE, WTO members reviewed two submissions. The first was a joint submission by Japan and the Republic of Korea titled “Non-Binding Guidance on Methodologies for Measuring Embedded Emissions”, co-sponsored by Australia and the United Kingdom. Japan explained that the proposal aims to enhance transparency and interoperability around requirements for measuring embedded emissions in cross-border goods trade. It stressed that the proposal is intended to promote cooperation and to take on board the development dimension, and does not affect members’ existing WTO rights and obligations.
    A large number of delegations provided detailed and constructive comments on the new submission, and it was welcomed by many members who shared similar concerns over the high compliance costs – particularly for small businesses in developing economies and least-developed countries (LDCs) – caused by divergent approaches for measuring emissions. Several members underscored the importance of considering varying levels of development and climate responsibilities, and called for more inclusive consultations during the legislative processes.
    While welcoming the increased transparency envisaged in the proposal, some members emphasized that transparency should not replace or duplicate required notifications to relevant WTO bodies, nor place additional burdens on developing members. Many expressed openness to continuing work on the proposal with the co-sponsors.
    The second submission, tabled by Russia, was titled “Future Rules of Trade in Plastic Products and the WTO: Potential Conflict”. This paper raised concerns that future rules emerging from the ongoing UN plastics treaty negotiations – led by the Intergovernmental Negotiating Committee (INC) – could create trade barriers, particularly for polymers and plastic products, and could conflict with WTO disciplines. The next round of INC negotiations is scheduled for August in Geneva.
    While some members emphasized the need to ensure that any legally binding treaties are consistent with WTO rules, others expressed support for the ongoing negotiations on plastic pollution and the mutual supportiveness between multilateral environmental agreements and the WTO.
    Follow-up to thematic sessions
    The Chair of the CTE, Ambassador Erwin Bollinger of Switzerland, reported to the Committee on the outcomes of his recent consultations with members regarding the path forward further to thematic sessions on three key topics: trade-related climate measures (TRCMs), technology transfer and sustainable agriculture. Launched in November 2023 at the request of members, the thematic session series serves as a platform to deepen understanding of specific issues through concrete case studies and the sharing of practical experiences.
    The Chair noted that members appreciated the fruitful exchanges in recent thematic sessions and expressed willingness to engage constructively in further discussions. On TRCMs, the exploration in greater depth of three sub-topics – transparency, development and coherence/interoperability – was seen as the right way forward. On the topic of technology transfer, members showed strong interest in continuing discussions to support developing members’ green transition. Regarding sustainable agriculture, members were in favour of organizing a thematic session in October, and Barbados and the United Kingdom were appointed as moderators to help shape the agenda.
    Members thanked the Chair for his report and exchanged views on the next steps. Many members underscored the need for further technical work, focused on the three sub-topics identified by the Chair, to better understand the impact of TRCMs. The new joint proposal by Japan, the Republic of Korea, Australia and the United Kingdom was cited as a valuable contribution to advancing work on improving interoperability and transparency.
    Members reaffirmed their interest in deepening discussions on technology transfer and proposed various formats for experience-sharing. Broad support was voiced for the upcoming thematic session on sustainable agriculture, with a focus on environmental aspects. Members also highlighted the importance of ensuring that thematic discussions complement rather than duplicate work underway in other WTO committees.
    Transparency and information-sharing
    At the CTE meeting, members were briefed on developments regarding the Dialogue on Plastics Pollution and Environmentally Sustainable Plastics Trade (DPP), the Trade and Environmental Sustainability Structured Discussions (TESSD), and the Fossil Fuels Subsidy Reform (FFSR).
    The WTO Secretariat presented the 2023 report of the WTO Environmental Database, issued on 8 May 2025, with a thematic focus on pollution. It also briefed members on recent and upcoming WTO technical assistance activities tailored to the requests of members, including the 2024 Advanced Thematic Course on Trade and Environment and an initiative by the WTO, World Bank Group and the World Economic Forum titled “Action on Climate and Trade” (ACT). ACT is part of the WTO technical assistance offering, and is designed to support developing economies and LDCs in leveraging trade policy to support their climate change mitigation and adaptation objectives, while also identifying opportunities for green trade-led growth.
    The Secretariat of the United Nations Framework Convention on Climate Change (UNFCCC) provided an update on preparations for the 2025 Climate Change Conference (COP30), scheduled for November 2025 in Brazil. Brazil, which holds the COP30 Presidency, highlighted the COP30 Action Agenda, noting the inclusion of climate and trade as one of its key objectives. The WTO Secretariat briefed members, noting its collaboration with UN Trade and Development (UNCTAD), the International Trade Centre (ITC) and the International Chamber of Commerce (ICC) to monitor COP30 developments, explore potential support for Brazil’s priorities in the context of the COP30 Presidency, and provide updates to members as they become available.
    Next meeting
    The next meeting of the Committee on Trade and Environment is scheduled for the week of 3 November 2025.

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  • MIL-OSI Economics: Trade and gender group outlines priorities for gender equality work leading to MC14

    Source: WTO

    Headline: Trade and gender group outlines priorities for gender equality work leading to MC14

    The 2025-2026 Work Plan reinforces the work initiated at the 13th WTO Ministerial Conference (MC13), held in Abu Dhabi in 2024. An action plan to support its implementation will be drafted in consultation with members, with clear milestones, targets and activities.
    The Work Plan features a detailed compendium mapping all the technical work of the Informal Working Group (IWG) on Trade and Gender, as well as a ministerial joint statement by the co-chairs. It also includes ministerial-level deliverables, such as the potential inclusion of a paragraph on women’s economic empowerment through trade in the MC14 outcome document.
    WTO Symposium on Trade and Women’s Economic Empowerment
    Members also took stock of the WTO Symposium on Trade and Women’s Economic Empowerment, “Growing economies through trade – empowering women”, which was held on 2 July in cooperation with the IWG co-chairs (Cabo Verde, El Salvador and the United Kingdom).
    The event brought together policymakers, researchers and international organizations to explore how trade policy can drive women’s economic empowerment. In her opening address, WTO Director-General Ngozi Okonjo-Iweala underlined that empowering women in trade is not only a moral imperative, but an economic necessity, and she called for a modernized multilateral system that better serves women and developing economies. Discussions throughout the day underscored the need to treat gender equality as a core element of trade policy.
    Key themes of the symposium included the opportunities and challenges of digitalization, the role of regional trade agreements and the importance of gender-disaggregated data. Brazil, Chile, New Zealand, the United Kingdom  shared national experiences, while institutional initiatives from the International Trade Centre (ITC), the Food and Agriculture Organization (FAO) of the United Nations and the World Bank highlighted efforts to make trade more inclusive.
    Ambassador Simon Manley of the United Kingdom noted that the experts and researchers who spoke at the symposium encouraged members to ensure that gender is genuinely addressed – not only within the IWG, but also across WTO committees and negotiations more broadly. Looking ahead to MC14, he observed that many members are calling for a renewed commitment to embed gender equality into the multilateral trading system.
    International Prize for Gender Equality in Trade
    The IWG co-chairs reported on the second edition of the International Prize for Gender Equality in Trade, which recognises impactful national initiatives that promote gender equality through trade-related policies and programmes. Announced on 2 July during an award ceremony held as part of the WTO Symposium on Trade and Women’s Economic Empowerment, the winners of the 2025 edition were Brazil for “Elas Exportam”, the Dominican Republic for “Service Revolution” and Ghana for the “Inclusive Trade Facilitation Project”, with special mentions for Ecuador for the “Safe Company Seal” and Viet Nam for an initiative implemented under the WTO Chairs Programme at Foreign Trade University (WCP–FTU), titled “From Knowledge to Impact: Amplifying Women’s Influence in Trade through WCP-FTU”.
    Updates by WTO members
    The United Kingdom shared findings from a Scottish Government-commissioned report on the gender export gap. The study revealed that only 15 per cent of small and medium-sized enterprises (SMEs) led by women in Scotland were engaged in export, fewer than Scottish SMEs led by men (17 per cent). Closing this gap could boost Scotland’s trade revenues by up to GBP 10.4 billion (CHF 11.3 billion) over two years. The research identified key barriers for women, including limited access to finance, lack of mentoring and networks, and a complex support landscape.
    Costa Rica also updated members, in its role as the 2025-2026 Chair of the Inclusive Trade Action Group (ITAG) – established on the margins of the 2018 Asia-Pacific Economic Cooperation (APEC) Leaders Summit – and of ITAG standalone initiative the Global Trade and Gender Arrangement (GTAGA). The ITAG, which was launched in 2018, promotes inclusive trade with a focus on gender equality, support for SMEs, indigenous trade, sustainability and labour issues. The GTAGA advances women’s economic empowerment through joint actions such as data-sharing, policy dialogue and capacity-building.
    Key activities included a virtual meeting to adopt priorities, as well as the recent launch of a Trade and Gender Review of Latin America by the Organisation for Economic Co-operation and Development (OECD). Virtual events for government officials will be organized in 2025 and 2026. Costa Rica also outlined plans to standardize accession procedures, and it announced that there will be a GTAGA Day 2026, an in-person capacity-building event.
    Ukraine presented its national strategy to advance women’s economic empowerment and integrate gender equality into trade and recovery policies. Measures include targeted support for women-led businesses through mentorship, access to finance, professional training and psychological assistance, as well as programmes to encourage women’s participation in traditionally male-dominated sectors. Ukraine reported that women established 56 per cent of new businesses in 2023, rising to 59 per cent in 2024.
    Presentations by international organizations
    The United Nations Economic Commission for Europe (UNECE) outlined its efforts to promote gender-responsive standards, with a focus on practical tools such as its Gender Action Plan Model Blueprint. This initiative supports institutions in embedding gender considerations into standards, regulations and artificial intelligence (AI) governance. UNECE also emphasized the role of inclusive standards in addressing gender bias in data and design, particularly in emerging technologies like AI.
    The International Women’s Coffee Alliance (IWCA), a global network of women engaged in all segments of the coffee value chain, presented its work to address gender inequalities in the sector. Representing over 36 national groups and 18,000 members – including farmers, processors, exporters, baristas and entrepreneurs – IWCA outlined the persistent challenges that women face, such as unequal labour distribution, limited income and land ownership, and underrepresentation in leadership. It also presented its 2023-2027 strategic plan, structured around four pillars: organizational development, research and advocacy, impactful programmes and high-impact communications.

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  • MIL-OSI Economics: Bulgaria to join euro area on 1 January 2026

    Source: European Central Bank

    8 July 2025

    • Conversion rate of lev fixed at 1.95583 = EUR 1
    • Bulgaria joined the ERM II in 2020
    • Bulgarian banks supervised by ECB since 2020

    Today the Council of the European Union formally approved the accession of Bulgaria to the euro area on 1 January 2026 and determined a Bulgarian lev conversion rate of 1.95583 per euro. This is the current central rate of the lev in the Exchange Rate Mechanism (ERM II), which the currency joined on 10 July 2020. The European Central Bank (ECB) and Българска народна банка (Bulgarian National Bank) agreed to monitor developments in the Bulgarian lev against the euro on the foreign exchange market until 1 January 2026.

    With the entry into force of the close cooperation framework between the ECB and Българска народна банка (Bulgarian National Bank), the ECB has been responsible for directly supervising four significant institutions and overseeing 13 less significant institutions in Bulgaria since 1 October 2020.

    For media queries, please contact Benoit Deeg, tel.: +49 172 1683 704.

    Notes

    • The agreement to monitor the lev is in the context of ERM II. Participation in ERM II and observance of the normal fluctuation margins for at least the last two years is one of the convergence criteria to be fulfilled ahead of euro area accession.
    • The conversion rate of the lev is set by way of an amendment to Regulation (EC) No 2866/98, which will become effective on 1 January 2026.

    MIL OSI Economics

  • MIL-OSI United Nations: Human Rights Council Concludes Fifty-Ninth Regular Session after Adopting 25 Resolutions and One Decision, Extending Six Country-Specific and Thematic Mandates

    Source: United Nations – Geneva

    The Human Rights Council today concluded its fifty-ninth regular session after adopting 25 resolutions and one decision. In these texts, among other things, the Council voted to extend six country-specific and thematic mandates.

    The Council extended one country mandate during the session, that of the mandate of the Special Rapporteur on the situation of human rights in Eritrea, whose mandate was extended for one year.

    The Council decided to extend, for a period of three years, the mandates of the Special Rapporteur on the human rights of internally displaced persons, the Special Rapporteur on violence against women and girls, the Special Rapporteur on the rights to freedom of peaceful assembly and of association, the Independent Expert on protection against violence and discrimination based on sexual orientation and gender identity, and the Working Group on discrimination against women and girls.

    In a decision on the Implementation of activities mandated by the Human Rights Council in the context of the United Nations liquidity and financial crisis, the Council expressed its concern about the letter from the United Nations High Commissioner for Human Rights addressed to the President of the Human Rights Council, which indicated that certain activities mandated by the Council had been assessed by the Office of the High Commissioner as not deliverable in 2025 or 2026, owing to the liquidity and financial crisis affecting the United Nations.

    Further resolutions adopted concerned the situation of human rights of Rohingya Muslims and other minorities in Myanmar, the enhancement of international cooperation in the field of human rights, the negative impact of corruption on the enjoyment of human rights, access to medicines, vaccines and other health products in the context of the right of everyone to the enjoyment of the highest attainable standard of physical and mental health, human rights and international solidarity, the right to education, civil society space, new and emerging digital technologies and human rights, the impact of arms transfers on human rights, the safety of journalists, the elimination of female genital mutilation, empowering women and girls in and through sport, the contribution of development to the enjoyment of all human rights, accelerating efforts to eliminate all forms of violence against women and girls, human rights and climate change, cooperation with and assistance to Ukraine in the field of human rights, enhancing international cooperation, technical assistance, and capacity-building to strengthen national frameworks for the protection and empowerment of children in the digital space, and enhancement of technical cooperation and capacity-building in the field of human rights in Colombia to implement the recommendations of the Commission for the Clarification of Truth, Coexistence and Non-Repetition.

    The Council appointed Hee-Seok Shin (Republic of Korea) as a member of the Working Group on Arbitrary Detention, and Juana María Ibáñez Rivas (Peru) to the Expert Mechanism on the Right to Development, as the member from Latin American and Caribbean States.

    The Council also adopted, ad referendum, the draft report of the fifth-ninth session.

    Paul Empole Efambe, Rapporteur and Vice President of the Human Rights Council, presenting the session report, said during the fifty-ninth session, the Council had held 32 interactive dialogues; adopted 25 resolutions and one decision; had reviewed and adopted the results of the Universal Periodic Review of 14 countries; and had appointed two Special Procedures mandate holders.

    Jürg Lauber, President of the Human Rights Council, said the transparent sharing of figures ahead of the adoption of resolutions had allowed States to make well-informed decisions. Delegations in Geneva were therefore encouraged to follow up with counterparts in New York to ensure the Council’s decisions received the full budget for their implementation. The Office of the High Commissioner for Human Rights was also invited to continue to keep the Council updated on the status of its activities. The President and the Council were committed to finding solutions to the budget issues. In closing remarks, Mr. Lauber thanked all those who had made the session possible, including the members of the Bureau, the Secretariat, Conference Services and the Member States.

    The sixtieth regular session of the Human Rights Council is scheduled to be held from 8 September to 3 October 2025.

    Action on Resolutions

    Action on Resolutions Under Agenda Item One on Organizational and Procedural Matters 

    In a decision (A/HRC/59/L.37) on the Implementation of activities mandated by the Human Rights Council in the context of the United Nations liquidity and financial crisis , adopted without a vote, the Council expresses its concern about the letter dated 16 June 2025 from the United Nations High Commissioner for Human Rights addressed to the President of the Human Rights Council, indicating that certain activities mandated by the Council have currently been assessed by the Office of the High Commissioner as not deliverable in 2025 or 2026, owing to the liquidity and financial crisis affecting the United Nations; and invites the Office of the High Commissioner to provide, at the Organizational Meeting of the sixtieth session of the Council on 25 August 2025 and at the Organizational Session of the Council, on 8 December 2025, an updated and comprehensive assessment of the feasibility of implementing the above-mentioned activities, as well as any other activities mandated by the Council in the 2025-2026 period that might be affected by the liquidity and financial crisis.

    Action on Resolutions Under Agenda Item Two on the Annual Report of the United Nations High Commissioner for Human Rights and Reports of the Office of the High Commissioner and the Secretary-General 

    A resolution (A/HRC/59/L.1/Rev.1) on the Discontinuation of the mandate of the Special Rapporteur on the situation of human rights in Eritrea , was rejected by a vote of 4 in favour, 25 against and 18 abstentions.

    In a resolution (A/HRC/59/L.7) on the Situation of human rights in Eritrea, adopted by a vote of 23 in favour, 4 against and 20 abstentions, the Council decides to extend the mandate of Special Rapporteur on the situation of human rights in Eritrea for a further period of one year; and requests the Special Rapporteur to submit and present a report to the Human Rights Council at its sixty-second session to be followed by an enhanced interactive dialogue on the situation of human rights in Eritrea with the participation of, inter alia, the Special Rapporteur, the Office of the United Nations High Commissioner for Human Rights, civil society, Indigenous Peoples, victims and survivors and other relevant stakeholders, and to the General Assembly at its eightieth session.

    An oral amendment to L.7 presented on the floor was rejected by a vote of 1 in favour, 24 against, and 19 abstentions.

    In a resolution (A/HRC/59/L.21) on the Situation of human rights of Rohingya Muslims and other minorities in Myanmar (as orally revised), adopted without a vote, the Council requests the High Commissioner for Human Rights to present a report at its sixty-third session, to be followed by an enhanced interactive dialogue with the Independent Investigative Mechanism for Myanmar; requests the High Commissioner to monitor and follow up on the implementation of the recommendations made by the independent international fact-finding mission on Myanmar, and to present an oral update to the Council at its sixty-fourth session, to be followed by an interactive dialogue, and a report at its sixty-sixth session, to be followed by an enhanced interactive dialogue with the Independent Investigative Mechanism for Myanmar, and a report to the General Assembly at its eighty-first session.

    Action on Resolutions Under Agenda Item Three on the Promotion and Protection of All Human Rights, Civil, Political, Economic, Social and Cultural Rights, including the Right to Development. 

    In a resolution (A/HRC/59/L.4) on Enhancement of international cooperation in the field of human rights , adopted by a vote of 30 in favour, 16 against and 1 abstention, the Council reiterates its request to the High Commissioner to organize a series of regional seminars, one for each of the five geographical regions, on the contribution of North-South, South-South and triangular cooperation to the enjoyment of all human rights, including the right to development, in order to allow States, relevant United Nations agencies, funds and programmes, international and regional organizations, national human rights institutions, civil society organizations and other stakeholders to augment their activities in identifying challenges and gaps and sharing good practices and experiences in this regard before the sixty-fifth session of the Council; requests the High Commissioner to prepare a summary report on the discussions held at the seminars and to present the report to the Human Rights Council at its sixty-fifth session; and requests the High Commissioner to prepare a new report on the work of the Office of the High Commissioner in the implementation and enhancement of international cooperation in the field of human rights, proposing possible ways to face the challenges to the promotion and protection of human rights, including the right to development, and to submit the report to the Human Rights Council at its sixty-second session.

    In a resolution (A/HRC/59/L.5) on The rights to freedom of peaceful assembly and of association , adopted without a vote, the Council decides to renew the mandate of the Special Rapporteur on the rights to freedom of peaceful assembly and of association for a period of three years; and requests the Special Rapporteur to continue to report annually to the Human Rights Council and the General Assembly.

    In a resolution (A/HRC/59/L.2) on theMandate of Independent Expert on protection against violence and discrimination based on sexual orientation and gender identity, adopted by a vote of 29 in favour, 15 against and 3 abstentions, the Council decides to extend the mandate of the Independent Expert on protection against violence and discrimination based on sexual orientation and gender identity for a period of three years to enable the mandate holder to continue to work in accordance with the mandate established by the Human Rights Council; and requests the Independent Expert to continue to report annually on the implementation of the mandate to the Human Rights Council and the General Assembly in accordance with their respective programmes of work.

    In a resolution (A/HRC/59/L.6) on The negative impact of corruption on the enjoyment of human rights , adopted without a vote, the Council requests the Advisory Committee of the Human Rights Council to prepare a comprehensive study that develops concrete guidelines on implementing the existing procedural and substantive human rights obligations of States in the context of preventing and combatting corruption, and to present it to the Human Rights Council at its sixty-fourth session; requests that the above-mentioned study be developed in close cooperation and coordination with the Office of the High Commissioner, with a view to building on its existing work, supporting technical assistance, capacity building efforts and providing a strong foundation for policy development, information sharing and awareness raising at national, regional and international levels; and requests OHCHR to share the study with the United Nations Office on Drugs and Crime.

    In a resolution (A/HRC/59/L.8) on Access to medicines, vaccines and other health products in the context of the right of everyone to the enjoyment of the highest attainable standard of physical and mental health , adopted by a vote of 32 in favour, 0 against and 15 abstentions, the Council requests the Office of the High Commissioner to continue its work, within its mandate, to provide technical assistance to States throughout the next three years on the human rights dimension of access to medicines and vaccines in the context of the right of everyone to the highest attainable standard of physical and mental health, and to present an analytical study on protection gaps of vulnerable segments of the population to the Human Rights Council at its sixty-second session, with a view to presenting to the Council, at its sixty-eighth session, a comprehensive report, including on the measures necessary to bridge protection gaps to ensure the accessibility and availability of medicines, vaccines and other health products.

    In a resolution (A/HRC/59/L.9) on Human rights and international solidarity, adopted by a vote of 27 in favour, 16 against and 4 abstentions, the Council requests the Independent Expert on human rights and international solidarity to continue to participate in relevant international forums and major events with a view to promoting the importance of international solidarity in the realization of all human rights, including the right to development and the achievement of the 2030 Agenda for Sustainable Development, especially those goals relating to economic, social and climate issues; and further requests the Independent Expert to hold two hybrid consultations between September and December 2025 and two in-person consultations between January and April 2026, in Geneva on the revised draft declaration on the right to international solidarity.

    In a resolution (A/HRC/59/L.11) on The right to education, adopted without a vote, the Council urges all States to give full effect to the right to education for all, including children, in all contexts, including in humanitarian emergencies and post-disaster phases, as well as in conflict situations and situations of occupation, by, inter alia, complying with their obligations to respect, protect and fulfil the right to education, and recognizing the right of every individual to be safe in education, understood as the right to be protected from any violation of their integrity, and to expand quality educational opportunities for all, by all appropriate means and without discrimination of any kind; recognizing the significant importance of investment in free, inclusive and equitable quality public education, at all levels; increasing and improving financing for education, including in humanitarian emergencies and conflict situations; ensuring that education policies and measures are consistent with human rights obligations, including those laid down in the Universal Declaration of Human Rights and relevant international human rights instruments; and strengthening engagement with all relevant stakeholders.

    In a resolution (A/HRC/59/L.13) on Civil society space, adopted without a vote, the Council requests the United Nations High Commissioner for Human Rights to prepare a thematic report in follow-up to the report containing practical recommendations for the creation and maintenance of a safe and enabling environment for civil society, based on good practices and lessons learned, submitted to the Council at its thirty-second session, and to review progress against the recommendations contained therein, identify new and emerging trends concerning civil society space, and provide an updated set of recommendations in the light of those trends, and to present the report to the Council at its sixty-third session.

    In a resolution (A/HRC/59/L.14) on New and emerging digital technologies and human rights, adopted without a vote, the Council requests the Office of the High Commissioner to prepare an analytical study, building on its previous report mapping the existing work of the Human Rights Council and the treaty bodies, outlining and clarifying States’ obligations under international human rights law, as well as relevant norms and commitments, and the human rights responsibilities of business enterprises in line with the Guiding Principles on Business and Human Rights, across the life cycle of new and emerging digital technologies, identifying developments, gaps and recommendations on application and implementation, and to present the report to the Council at its sixty-second session; and further requests the Office of the High Commissioner to convene a multi-stakeholder intersessional meeting, ahead of the sixty-fourth session of the Human Rights Council, and to submit a summary report thereon to the Human Rights Council at its sixty-fourth session.

    In a resolution (A/HRC/59/L.15) on the Mandate of Special Rapporteur on the human rights of internally displaced persons , adopted without a vote, the Council decides to extend the mandate of the Special Rapporteur on the human rights of internally displaced persons for a period of three years, to work towards strengthening the international response to the complex problem of internal displacement; and requests the Special Rapporteur to continue to submit an annual report on the implementation of the mandate to the Council and to the General Assembly.

    In a resolution (A/HRC/59/L.16) on the Impact of arms transfers on human rights, adopted without a vote, the Council requests the Office of the High Commissioner for Human Rights to prepare a study on the role of States and the private sector in preventing, addressing and mitigating the negative human rights impact of arms transfers, and to present the study to the Council at its sixty-sixth session; also requests the Office of the High Commissioner to organise a full-day intersessional workshop to inform the preparation of the aforementioned study, to be held before the sixty-fourth session of the Council and open to the participation of relevant stakeholders.

    In a resolution (A/HRC/59/L.18/Rev.1) on the Mandate of the Working Group on discrimination against women and girls , adopted without a vote, the Council decides to extend the mandate of the Working Group on discrimination against women and girls for a period of three years, and requests the Working Group to mainstream, across all its work, age and disability perspectives in the fulfilment of its mandate, and to examine the specific forms of discrimination that girls face; requests the Working Group to continue to present an oral report annually to the Commission on the Status of Women and the General Assembly; and decides to continue its consideration of the issue of the elimination of all forms of discrimination against women and girls as a matter of high priority, in conformity with its programme of work, at its sixty-second session.

    In a resolution (A/HRC/59/L.20) on The safety of journalists, adopted without a vote, the Council invites States and all other relevant stakeholders to follow up on the recommendations and outcomes from the tenth anniversary of the United Nations Plan of Action on the Safety of Journalists and the Issue of Impunity; requests the High Commissioner for Human Rights to conduct a comprehensive study to assess the effectiveness of national frameworks for the protection of journalists, identify lessons learned, and make recommendations on how they should be adapted to respond to new threats, and to present the outcomes of the study in a report to be presented to the Council at its sixty-fifth session.

    In a resolution (A/HRC/59/L.22) on the Elimination of female genital mutilation, adopted without a vote, the Council decides to convene a high-level panel discussion, fully accessible for persons with disabilities, during the high-level segment of its sixty-first session on the role of new and emerging digital technologies in preventing and eliminating female genital mutilation, inviting relevant stakeholders to share good practices and lessons learned for the continuous improvement of digital approaches to end female genital mutilation, and invites the President of the Council to propose that the above-mentioned panel discussion be the high-level panel discussion on human rights mainstreaming to be held at the sixty-first session; and requests the High Commissioner for Human Rights to prepare a summary report on the panel discussion, and to submit the report to the Council at its sixty-fourth session.

    In a resolution (A/HRC/59/L.23/Rev.1) on Empowering women and girls in and through sport, adopted without a vote, the Council encourages States and national, regional and international sport organizations and federations to respect, protect and fulfil the human rights of women and girls and to promote their empowerment in and through sport; decides to convene at its sixty-second session a panel discussion on the intensification of efforts to empower women and girls in and through sport; and requests the High Commissioner for Human Rights to prepare a report on empowering women and girls in and through sport, based on the contributions of relevant stakeholders and taking into account the outcome of the above-mentioned panel discussion, and to present the report to the Council at its sixty-fifth session.

    In a resolution (A/HRC/59/L.25/Rev.1) on Accelerating efforts to achieving women’s economic empowerment , adopted without a vote, the Council calls upon States to accelerate efforts to achieve women’s economic empowerment; requests the Office of the High Commissioner for Human Rights to prepare a report on trade agreements, including their gender equality provisions, and their impact on women’s economic empowerment, in consultation with all relevant stakeholders, including women’s and children’s rights organizations, and to present the report to the Council at its sixty-fifth session.

    In a resolution (A/HRC/59/L.12) on The contribution of development to the enjoyment of all human rights , adopted without a vote (as orally revised), the Council calls upon all States to promote inclusive and sustainable development; requests the Office of the High Commissioner to prepare a comprehensive report on the impact of economic policy conditionalities by international financial institutions on human rights, including economic, social and cultural rights, and to submit the report to the Council at its sixty-fourth session; and also requests the Office of the High Commissioner, when preparing the above-mentioned report, to seek input from experts from diverse geographic regions.

    In a resolution (A/HRC/59/L.24/Rev.1) on Accelerating efforts to eliminate all forms of violence against women and girls: prevention through the fulfilment of economic, social and cultural rights , adopted without a vote (as orally revised), the Council decides to extend the mandate of the Special Rapporteur on violence against women and girls, its causes and consequence, as set out by the Council in its resolution 50/7, for a period of three years; requests the Office of the High Commissioner for Human Rights to prepare a summary report, in accessible formats, including easy-to-read and plain language formats, on the annual discussions held at the present and sixty-second sessions, to present each report to the Council at its sixty-second and sixty-fifth sessions, respectively, and to make the annual discussion on the human rights of women fully accessible to persons with disabilities; and decides to continue its consideration of the issue as a matter of high priority at its sixty-second session.

    The following proposed amendments to L.24/Rev.1 were rejected: Amendment L.27, following a vote of 13 in favour, 27 against and 6 abstentions; Amendment L.28, following a vote of 13 in favour, 27 against and 5 abstentions, and Amendment L.29, following a vote of 13 in favour, 26 against and 7 abstentions.

    In a resolution (A/HRC/59/L.17) on Human rights and climate change, adopted without a vote (as orally revised), the Council decides that the annual panel discussion to be held at the sixty-second session shall be focused on facilitating actionable pathways for gaining momentum in climate financing in the context of addressing the adverse impacts of climate change on the full realisation of human rights for all people, and also decides that the panel discussion will have International Sign interpretation and captioning; requests the High Commissioner for Human Rights to submit a summary report on the panel discussion held at the sixty-second session to the Council at its sixty-fourth session; and requests the Secretary-General to prepare a synthesis report on actionable pathways in mobilising sufficient climate financing and associated challenges and opportunities in the pursuit of the full realisation of human rights for all people, and to submit the report to the Council at its sixty-third session, to be followed by an interactive dialogue.

    Action on Resolutions Under Agenda Item Five on Human Rights Bodies and Mechanisms 

    In a resolution (A/HRC/59/L.10) on The Social Forum, adopted without a vote, the Council decides that the Social Forum will meet for two working days in 2026, in Geneva, and should be focused on the contribution of international cooperation and solidarity to the realisation of the right of everyone to the enjoyment of the highest attainable standard of physical and mental health; requests the President of the Council to appoint, as early as possible, from candidates nominated by regional groups, the Chair-Rapporteur for the 2026 Social Forum, bearing in mind the principle of regional rotation; requests the High Commissioner for Human Rights to facilitate the participation in the 2026 Social Forum of no fewer than 10 experts; and requests the 2026 Social Forum to submit a report containing its conclusions and recommendations to the Council at its sixty-fifth session.

    Action on Resolutions Under Agenda Item 10 on Technical Assistance and Capacity Building 

    In a resolution (A/HRC/59/L.3) on Cooperation with and assistance to Ukraine in the field of human rights , adopted by a vote of 28 in favour, 2 against and 17 abstentions, the Council welcomes the oral presentations by the Office of the United Nations High Commissioner for Human Rights to the States members and non-members of the Human Rights Council and observers of the findings of the reports of the Office of the High Commissioner on the situation of human rights in Ukraine, held in accordance with Council resolutions 29/23, 32/29, 35/31, 41/25, 47/22 and 53/30; and requests the United Nations High Commissioner for Human Rights to continue to present an oral update on the findings of each of the reports of the Office of the High Commissioner on the situation of human rights in Ukraine to the Human Rights Council at each of its sessions, until its sixty-fifth session, and before the end of 2025 and 2026, each to be followed by an interactive dialogue.

    In a resolution (A/HRC/59/L.19/Rev.1) on Enhancing international cooperation, technical assistance, and capacity-building to strengthen national frameworks for the protection and empowerment of children in the digital space , adopted without a vote, the Council encourages States members and observers of the Council to use the general debate under agenda item 10 as a platform to share experiences, achievements and good practices in the area of international cooperation, technical assistance, and capacity-building for the protection of children in the digital space; and encourages the Office of the High Commissioner for Human Rights to provide technical assistance, capacity-building and support to develop and implement national measures to protect children in digital settings, and requests the Office to mobilise resources, including private sector funding, to that end.

    In a resolution (A/HRC/59/L.26) on Enhancement of technical cooperation and capacity-building in the field of human rights in Colombia to implement the recommendations of the Commission for the Clarification of Truth, Coexistence and Non-Repetition , adopted without a vote, the Council requests, for a renewable period of two years, the Office of the High Commissioner for Human Rights to enhance its technical assistance and capacity building for national and local authorities and other relevant actors, to assist Colombia in the implementation of the recommendations made by the Commission for the Clarification of Truth, Coexistence and Non-Repetition; and requests the High Commissioner to provide an oral update to the Council at its sixty-second session, and to submit a report to the Council at its sixty-fifth session, to be followed by an interactive dialogue

    Other Matters

    The Council appointed Hee-Seok Shin (Republic of Korea) as a member of the Working Group on Arbitrary Detention.

    The Council also appointed Juana María Ibáñez Rivas (Peru) to the Expert Mechanism on the Right to Development, as the member from Latin American and Caribbean States.

    The Council also adopted its draft report ad referendum for the fifty-ninth session.

    ___________

    Produced by the United Nations Information Service in Geneva for use of the information media; not an official record.

    English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

    HRC.25.007E

    MIL OSI United Nations News

  • MIL-OSI United Nations: New Permanent Representative of Australia Presents Credentials to the Director-General of the United Nations Office at Geneva

    Source: United Nations – Geneva

    Clare Monica Walsh, the new Permanent Representative of Australia to the United Nations Office at Geneva, today presented her credentials to Tatiana Valovaya, the Director-General of the United Nations Office at Geneva.

    Prior to her appointment to Geneva, Ms. Walsh held the position of Chief Operating Officer and Deputy Secretary, Enabling Services Group, at the Department of Foreign Affairs and Trade of Australia, since 2022.  Earlier in her career, she held multiple other posts at the Department and posted abroad, including as Chief Operating Officer, Finance (2020–2022); Deputy Secretary, Global Cooperation, Development and Partnerships Group (2018–2020); Deputy Head of Mission, Australian Embassy in Japan (2016–2018); and as First Assistant Secretary, International Policy and Partnerships Division (AusAID) and Multilateral Development and Policy Division (2012–2015).  Ms. Walsh also held several positions in the Department of Climate Change and Energy between 2007 and 2012.

    Ms. Walsh holds degrees from three Australian universities, including a Master of Management from the Australian National University (2006); a Graduate Diploma in Environmental Sciences from Murdoch University (1992); and a Bachelor of Arts from Curtin University (1989).

    __________

    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

    CR.25.024E

    MIL OSI United Nations News

  • MIL-OSI United Nations: New Permanent Representative of Australia Presents Credentials to the Director-General of the United Nations Office at Geneva

    Source: United Nations – Geneva

    Clare Monica Walsh, the new Permanent Representative of Australia to the United Nations Office at Geneva, today presented her credentials to Tatiana Valovaya, the Director-General of the United Nations Office at Geneva.

    Prior to her appointment to Geneva, Ms. Walsh held the position of Chief Operating Officer and Deputy Secretary, Enabling Services Group, at the Department of Foreign Affairs and Trade of Australia, since 2022.  Earlier in her career, she held multiple other posts at the Department and posted abroad, including as Chief Operating Officer, Finance (2020–2022); Deputy Secretary, Global Cooperation, Development and Partnerships Group (2018–2020); Deputy Head of Mission, Australian Embassy in Japan (2016–2018); and as First Assistant Secretary, International Policy and Partnerships Division (AusAID) and Multilateral Development and Policy Division (2012–2015).  Ms. Walsh also held several positions in the Department of Climate Change and Energy between 2007 and 2012.

    Ms. Walsh holds degrees from three Australian universities, including a Master of Management from the Australian National University (2006); a Graduate Diploma in Environmental Sciences from Murdoch University (1992); and a Bachelor of Arts from Curtin University (1989).

    __________

    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

    CR.25.024E

    MIL OSI United Nations News

  • MIL-OSI Canada: Minister Champagne to attend the Ukraine Recovery Conference in Rome

    Source: Government of Canada News

    July 8, 2025

    The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will participate in the fourth edition of the Ukraine Recovery Conference in Rome, on July 10 and 11.

    The Conference will bring together governments, international organizations, financial institutions and other stakeholders with a shared commitment to strengthen the resilience of Ukraine for as long as needed. Through various sessions and panel discussions, the participants will discuss topics such as Ukraine reconstruction, economic growth, social recovery and EU accession.

    The Minister will also take this opportunity to meet with several international partners to underscore Canada’s steadfast support for Ukraine, including fellow G7 Finance Ministers, Sergii Marchenko, Ukraine’s Finance Minister, Giancarlo Giorgetti, Italy’s Minister of Finance and Economy, and Odile Renaud-Basso, President of the European Bank for Reconstruction and Development.

    Following the Conference, the Minister will hold a media callback to discuss the outcome of the Conference. Media representatives who wish to participate are asked to pre-register by emailing mediare@fin.gc.ca. Details on how to participate will be provided upon registration.

    Date: July 11, 2025
    Time: 11:30 a.m. ET

    MIL OSI Canada News

  • MIL-Evening Report: AI is driving down the price of knowledge – universities have to rethink what they offer

    Source: The Conversation (Au and NZ) – By Patrick Dodd, Professional Teaching Fellow, Business School, University of Auckland, Waipapa Taumata Rau

    For a long time, universities worked off a simple idea: knowledge was scarce. You paid for tuition, showed up to lectures, completed assignments and eventually earned a credential.

    That process did two things: it gave you access to knowledge that was hard to find elsewhere, and it signalled to employers you had invested time and effort to master that knowledge.

    The model worked because the supply curve for high-quality information sat far to the left, meaning knowledge was scarce and the price – tuition and wage premiums – stayed high.

    Now the curve has shifted right, as the graph below illustrates. When supply moves right – that is, something becomes more accessible – the new intersection with demand sits lower on the price axis. This is why tuition premiums and graduate wage advantages are now under pressure.



    According to global consultancy McKinsey, generative AI could add between US$2.6 trillion and $4.4 trillion in annual global productivity. Why? Because AI drives the marginal cost of producing and organising information toward zero.

    Large language models no longer just retrieve facts; they explain, translate, summarise and draft almost instantly. When supply explodes like that, basic economics says price falls. The “knowledge premium” universities have long sold is deflating as a result.

    Employers have already made their move

    Markets react faster than curriculums. Since ChatGPT launched, entry-level job listings in the United Kingdom have fallen by about a third. In the United States, several states are removing degree requirements from public-sector roles.

    In Maryland, for instance, the share of state-government job ads requiring a degree slid from roughly 68% to 53% between 2022 and 2024.

    In economic terms, employers are repricing labour because AI is now a substitute for many routine, codifiable tasks that graduates once performed. If a chatbot can complete the work at near-zero marginal cost, the wage premium paid to a junior analyst shrinks.

    But the value of knowledge is not falling at the same speed everywhere. Economists such as David Autor and Daron Acemoglu point out that technology substitutes for some tasks while complementing others:

    • codifiable knowledge – structured, rule-based material such as tax codes or contract templates – faces rapid substitution by AI

    • tacit knowledge – contextual skills such as leading a team through conflict – acts as a complement, so its value can even rise.

    Data backs this up. Labour market analytics company Lightcast notes that one-third of the skills employers want have changed between 2021 and 2024. The American Enterprise Institute warns that mid-level knowledge workers, whose jobs depend on repeatable expertise, are most at risk of wage pressure.

    So yes, baseline knowledge still matters. You need it to prompt AI, judge its output and make good decisions. But the equilibrium wage premium – meaning the extra pay employers offer once supply and demand for that knowledge settle – is sliding down the demand curve fast.

    What’s scarce now?

    Herbert Simon, the Nobel Prize–winning economist and cognitive scientist, put it neatly decades ago: “A wealth of information creates a poverty of attention.” When facts become cheap and plentiful, our limited capacity to filter, judge and apply them turns into the real bottleneck.

    That is why scarce resources shift from information itself to what machines still struggle to copy: focused attention, sound judgement, strong ethics, creativity and collaboration.

    I group these human complements under what I call the C.R.E.A.T.E.R. framework:

    • critical thinking – asking smart questions and spotting weak arguments

    • resilience and adaptability – staying steady when everything changes

    • emotional intelligence – understanding people and leading with empathy

    • accountability and ethics – taking responsibility for difficult calls

    • teamwork and collaboration – working well with people who think differently

    • entrepreneurial creativity – seeing gaps and building new solutions

    • reflection and lifelong learning – staying curious and ready to grow.

    These capabilities are the genuine scarcity in today’s market. They are complements to AI, not substitutes, which is why their wage returns hold or climb.

    What universities can do right now

    1. Audit courses: if ChatGPT can already score highly on an exam, the marginal value of teaching that content is near zero. Pivot the assessment toward judgement and synthesis.

    2. Reinvest in the learning experience: push resources into coached projects, messy real-world simulations, and ethical decision labs where AI is a tool, not the performer.

    3. Credential what matters: create micro-credentials for skills such as collaboration, initiative and ethical reasoning. These signal AI complements, not substitutes, and employers notice.

    4. Work with industry but keep it collaborative: invite employers to co-design assessments, not dictate them. A good partnership works like a design studio rather than a boardroom order sheet. Academics bring teaching expertise and rigour, employers supply real-world use cases, and students help test and refine the ideas.

    Universities can no longer rely on scarcity setting the price for the curated and credentialed form of information that used to be hard to obtain.

    The comparative advantage now lies in cultivating human skills that act as complements to AI. If universities do not adapt, the market – students and employers alike – will move on without them.

    The opportunity is clear. Shift the product from content delivery to judgement formation. Teach students how to think with, not against, intelligent machines. Because the old model, the one that priced knowledge as a scarce good, is already slipping below its economic break-even point.

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

    ref. AI is driving down the price of knowledge – universities have to rethink what they offer – https://theconversation.com/ai-is-driving-down-the-price-of-knowledge-universities-have-to-rethink-what-they-offer-260493

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI United Kingdom: Road closures – Inverness Highland Games 2025

    Source: Scotland – Highland Council

    Road users are advised that temporary traffic restrictions will come into operation on Saturday 12 July 2025 between 10:00 and 23:30 for the Inverness Highland Games 2025 event, in the interests of public safety.

    The following roads will be temporarily closed:

    • U3821 Bught Avenue, Inverness, between its junction with the U3823 Bught Road and its junction with the U4690 Bught Lane.
    • U3823 Bught Road, Inverness, between its junction with the U3821 Bught Avenue and its junction with the U4158 Ness Walk Upper.
    • U4158 Ness Walk Upper, Inverness, between its junction with the U3823 Bught Road and its junction with the U3788 Ballifeary Lane.

    Temporary manoeuvre restrictions will be in place from:

    • Bught Drive into Torvean Avenue
    • Bishops Road into Ballifeary Road
    • Glenurquhart Road (A82) into Ballifeary Lane
    • Glenurquhart Road (A82) into Ballifeary Road
    • Ballifeary Road into Glenurquhart Road (A82)

    The following roads will have temporary waiting restrictions:

    • Glenurquhart Road (forming part of the A82 Dalnottar – Inverness Trunk Road), Inverness, between its junction with the U3790 Ballifeary Road and its junction with the U3788 Ballifeary Lane.
    • U3788 Ballifeary Lane, Inverness, between its junction with the U4158 Ness Walk Upper and its junction with the U3790 Ballifeary Road.
    • U4374 Torvean Avenue, Inverness, between its junction with the U3822 Bught Drive and its junction with the U3879 Dunachton Road.
    • U3822 Bught Drive, Inverness, between its junction with Glenurquhart Road (A82) and its junction with the U4690 Bught Lane.
    • Island Bank Road (forming part of the 8862 Fort Augustus – Whitebridge – Torness – Dores – Inverness Road), Inverness, between its junction with the C1201 Ness Bank and Gavell Gardens Road and its junction with the U4588 Drummond Crescent (West) Cul-de-sac.
    • Drummond Crescent (forming part of the C1064 Inverness – Ashie Moor Road), Inverness, between its junction with Island Bank Road (8862) and its junction with Stratherrick Road (C1064).

    8 Jul 2025

    MIL OSI United Kingdom

  • MIL-OSI: XRP Boom 2025: Daily Cloud Mining Contracts Now Live with DRML Miner

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 08, 2025 (GLOBE NEWSWIRE) — DRML Miner has officially launched a new wave of XRP cloud mining contracts — and it’s never been easier to join the action. Whether you’re new to crypto or a longtime XRP holder, this AI-powered platform gives you a simple, smart way to earn daily XRP rewards automatically.

    Traditionally seen as a token for cross-border payments and institutional use, XRP is now entering a new phase with DRML Miner’s latest innovation: user-friendly cloud mining. Participants can mine XRP directly or rely on DRML Miner’s intelligent AI engine to switch between high-yield cryptocurrencies such as BTC, ETH, DOGE, USDC, etc. to optimize returns. All earnings are paid daily in your preferred cryptocurrency, ensuring stable returns regardless of market fluctuations.

    Ripple’s (XRP) price action has always been difficult to predict. Although legal pressure eased somewhat by mid-2024, and Ripple Labs even launched an XRP-backed stablecoin, the market’s reaction was unexpectedly bearish. However, by 2025, XRP prices had recovered significantly. In early July, XRP’s 5-year ROI finally matched that of Bitcoin (BTC), reigniting the interest of long-term holders. In response to this new momentum, DRML Miner has launched a new 5-day XRP cloud mining contract, giving users a reliable way to earn XRP on a daily basis while they wait for future price breakouts. First-time users receive a $10 sign-up bonus, making it easy to start earning money without any upfront investment.

    Explore the new 2-day XRP mining contract now: https://drmlminers.com/

    2-Day Contracts, Instant Daily Rewards.

    Traditional mining is often costly and technically complex. But DRML Miner’s cloud mining system changes that — it offers 100% remote access, AI-optimized performance, and daily earnings. The newly released 2-day mining contracts are perfect for cautious investors and experienced holders. By using the $10 sign-up bonus, users can immediately activate the plan and receive daily $0.60 in XRP rewards — all without spending their own funds. This approach makes it easier than ever to stay active in the XRP ecosystem while the long-term outlook continues to develop.

    Key features of DRML Miners XRP cloud mining contracts:

    – No hardware required: Mine from anywhere with just a browser or app — no equipment or technical skills required

    – Daily payouts: Receive predictable daily rewards based on the contract you choose

    – Secure asset management: Enterprise-grade custody ensures your crypto is safe

    – Multiple contract terms: Tailored to your goals — short-term or long-term

    Mining Options for Every Type of XRP Investor

    Whether you are a first-time user or an experienced holder, DRML Miner has designed a wide range of XRP mining contracts for all experience levels:

    $10 contract – 1 day – earn $0.6 per day

    $100 contract – 2 days – earn $3.50 per day

    $500 contract – 5 days – earn $6.50 per day

    $5,000 contract – 30 days – earn $77.50 per day

    $50,000 contract – 50 days – earn $975 per day

    For those who believe in XRP’s five-year growth but want to make progress every day, these plans offer a smart, low-risk way to participate and passively grow your holdings.

    Explore more contracts, all of which support XRP mining.

    What makes DRML Miner’s XRP mining contracts different?

    – 100% remote mining

    Mining contracts are instantly activated, with no physical equipment or technical setup required. DRML Miner’s fully remote system ensures seamless access from anywhere in the world for a worry-free experience.

    – Principal Guarantee

    All invested funds are fully protected. Initial investment is fully returned at the end of each contract period, giving you peace of mind and financial security.

    – AI Optimization

    Proprietary AI-driven engine optimizes mining operations in real-time, maintaining stable returns even during periods of low market activity and high volatility.

    – Stable Daily Returns

    Contracts are structured to provide a reliable daily income, helping to minimize the risk of long-term market volatility and support the generation of stable passive returns.

    How to start making money with DRML Miner?

    1. Sign up for an account – get an instant $10 bonus and daily login rewards.
    2. Choose a contract – start with a 5-day plan or explore other tiers.
    3. Start mining – sit back and the system will mine XRP and pay you every 24 hours.

    As XRP matures, mining becomes smarter.

    Since its founding in September 2018, DRML Miner has been committed to helping users around the world earn passive cryptocurrency income through remote, secure, and AI-based cloud mining services. The platform supports multiple currencies such as XRP, BTC, SOL, DOGE, and is designed for novices and professionals who want to increase their assets without complex setup or large capital requirements.

    A spokesperson for DRML Miner, which has been around since 2018, said: “We believe that cryptocurrency participation should not come at the expense of the environment. By leveraging renewable energy and AI optimization, we are committed to providing our users with efficient and sustainable mining services.

    The next five years may be uncertain, but your next five days are not. Visit https://drmlminers.com to start mining XRP today

    Disclaimer: This press release is for reference only and does not constitute investment advice, financial guidance or trading recommendations. Activities such as staking involve market volatility, regulatory uncertainty and technical risks. Investors are strongly advised to conduct comprehensive due diligence and consult independent financial or legal experts before making any decision.

    The MIL Network

  • MIL-OSI: XRP Boom 2025: Daily Cloud Mining Contracts Now Live with DRML Miner

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 08, 2025 (GLOBE NEWSWIRE) — DRML Miner has officially launched a new wave of XRP cloud mining contracts — and it’s never been easier to join the action. Whether you’re new to crypto or a longtime XRP holder, this AI-powered platform gives you a simple, smart way to earn daily XRP rewards automatically.

    Traditionally seen as a token for cross-border payments and institutional use, XRP is now entering a new phase with DRML Miner’s latest innovation: user-friendly cloud mining. Participants can mine XRP directly or rely on DRML Miner’s intelligent AI engine to switch between high-yield cryptocurrencies such as BTC, ETH, DOGE, USDC, etc. to optimize returns. All earnings are paid daily in your preferred cryptocurrency, ensuring stable returns regardless of market fluctuations.

    Ripple’s (XRP) price action has always been difficult to predict. Although legal pressure eased somewhat by mid-2024, and Ripple Labs even launched an XRP-backed stablecoin, the market’s reaction was unexpectedly bearish. However, by 2025, XRP prices had recovered significantly. In early July, XRP’s 5-year ROI finally matched that of Bitcoin (BTC), reigniting the interest of long-term holders. In response to this new momentum, DRML Miner has launched a new 5-day XRP cloud mining contract, giving users a reliable way to earn XRP on a daily basis while they wait for future price breakouts. First-time users receive a $10 sign-up bonus, making it easy to start earning money without any upfront investment.

    Explore the new 2-day XRP mining contract now: https://drmlminers.com/

    2-Day Contracts, Instant Daily Rewards.

    Traditional mining is often costly and technically complex. But DRML Miner’s cloud mining system changes that — it offers 100% remote access, AI-optimized performance, and daily earnings. The newly released 2-day mining contracts are perfect for cautious investors and experienced holders. By using the $10 sign-up bonus, users can immediately activate the plan and receive daily $0.60 in XRP rewards — all without spending their own funds. This approach makes it easier than ever to stay active in the XRP ecosystem while the long-term outlook continues to develop.

    Key features of DRML Miners XRP cloud mining contracts:

    – No hardware required: Mine from anywhere with just a browser or app — no equipment or technical skills required

    – Daily payouts: Receive predictable daily rewards based on the contract you choose

    – Secure asset management: Enterprise-grade custody ensures your crypto is safe

    – Multiple contract terms: Tailored to your goals — short-term or long-term

    Mining Options for Every Type of XRP Investor

    Whether you are a first-time user or an experienced holder, DRML Miner has designed a wide range of XRP mining contracts for all experience levels:

    $10 contract – 1 day – earn $0.6 per day

    $100 contract – 2 days – earn $3.50 per day

    $500 contract – 5 days – earn $6.50 per day

    $5,000 contract – 30 days – earn $77.50 per day

    $50,000 contract – 50 days – earn $975 per day

    For those who believe in XRP’s five-year growth but want to make progress every day, these plans offer a smart, low-risk way to participate and passively grow your holdings.

    Explore more contracts, all of which support XRP mining.

    What makes DRML Miner’s XRP mining contracts different?

    – 100% remote mining

    Mining contracts are instantly activated, with no physical equipment or technical setup required. DRML Miner’s fully remote system ensures seamless access from anywhere in the world for a worry-free experience.

    – Principal Guarantee

    All invested funds are fully protected. Initial investment is fully returned at the end of each contract period, giving you peace of mind and financial security.

    – AI Optimization

    Proprietary AI-driven engine optimizes mining operations in real-time, maintaining stable returns even during periods of low market activity and high volatility.

    – Stable Daily Returns

    Contracts are structured to provide a reliable daily income, helping to minimize the risk of long-term market volatility and support the generation of stable passive returns.

    How to start making money with DRML Miner?

    1. Sign up for an account – get an instant $10 bonus and daily login rewards.
    2. Choose a contract – start with a 5-day plan or explore other tiers.
    3. Start mining – sit back and the system will mine XRP and pay you every 24 hours.

    As XRP matures, mining becomes smarter.

    Since its founding in September 2018, DRML Miner has been committed to helping users around the world earn passive cryptocurrency income through remote, secure, and AI-based cloud mining services. The platform supports multiple currencies such as XRP, BTC, SOL, DOGE, and is designed for novices and professionals who want to increase their assets without complex setup or large capital requirements.

    A spokesperson for DRML Miner, which has been around since 2018, said: “We believe that cryptocurrency participation should not come at the expense of the environment. By leveraging renewable energy and AI optimization, we are committed to providing our users with efficient and sustainable mining services.

    The next five years may be uncertain, but your next five days are not. Visit https://drmlminers.com to start mining XRP today

    Disclaimer: This press release is for reference only and does not constitute investment advice, financial guidance or trading recommendations. Activities such as staking involve market volatility, regulatory uncertainty and technical risks. Investors are strongly advised to conduct comprehensive due diligence and consult independent financial or legal experts before making any decision.

    The MIL Network

  • MIL-OSI Asia-Pac: FS begins visit to Seoul, Korea (with photos/video)

    Source: Hong Kong Government special administrative region – 4

    The Financial Secretary, Mr Paul Chan, arrived in Seoul, Korea,this afternoon (July 8) to begin his visit.
     
    After his arrival, he visited the Bank of Korea, the country’s central bank, and met with its Governor, Mr Rhee Chang-yong, to exchange views on developments in finance, trade and economic landscapes of the two places, in the region and around the globe, as well as monetary and interest rate policies and investment trends. During the meeting, Mr Chan shared the latest developments in Hong Kong, particularly the continuous capital inflow to Hong Kong’s financial system, reflecting international investors’ confidence in Hong Kong in the current international environment. He stated that Hong Kong maintains a free and open economic and financial system and the Linked Exchange Rate System under the “one country, two systems” principle. Hong Kong’s unique advantage of being connected to the Mainland and the world, as well as its highly internationalised characteristics, is further attracting more international participants and capital to enjoy opportunities brought by developments in China. Hong Kong’s international ties are continuously deepening.
     
    Thereafter, he visited the Korea Investment Corporation (KIC) and met with its President and Chief Executive Officer, Mr Park Il-young. The KIC was established by the Korean government in 2005, responsible for managing part of the country’s foreign exchange reserves and other public funds for overseas investments. Currently, over US$200 billion of assets are under its management. During the meeting, both sides had an in-depth exchange of opinions on various issues of mutual concern, such as trends of investment markets, asset allocation strategies and digital asset developments.
     
    Mr Chan shared recent developments in Hong Kong’s economic and financial markets and its important role in connecting capital and investors from China and around the globe. He said that Hong Kong’s capital market is closely connected to the Mainland’s innovation and technology (I&T) ecosystem. The recent stock market is vibrant, with many leading Mainland I&T enterprises having listed or planning to list in Hong Kong. To international investors, Hong Kong serves as a highly effective gateway to tap into I&T opportunities in Greater China. He welcomed Korean capital to better use the Hong Kong market to allocate international investments and jointly seize the vast business opportunities of I&T developments.
     
    In the evening, Mr Chan had dinner with leaders in Korea’s digital asset industry, where he shared Hong Kong’s developments and opportunities in digital assets. He also encouraged the local industry to actively participate in the Hong Kong market and jointly explore and expand more applications and developments in digital assets.
     
    Mr Chan will continue his visit to Seoul tomorrow (July 9), including attending a seminar on the capital markets of Hong Kong and Korea, as well as a business luncheon jointly organised by the Hong Kong Economic and Trade Office in Tokyo and the Korea Chamber of Commerce and Industry, where he will introduce Hong Kong’s new advantages and opportunities to the Korean financial and business sectors.

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Justice Department Announces Arrest of Prolific Chinese State-Sponsored Contract Hacker

    Source: US State of North Dakota

    China’s Ministry of State Security Directed the Theft of COVID-19 Research and the Exploitation of Microsoft Exchange Server Vulnerabilities, Known Publicly as the Indiscriminate ‘HAFNIUM’ Intrusion Campaign

    The Justice Department announced today that Xu Zewei (徐泽伟), 33, of the People’s Republic of China was arrested on July 3 in Italy at the request of the United States. Xu and his co-defendant, PRC national Zhang Yu (张宇), 44, are charged in a nine-count indictment, unsealed today in the Southern District of Texas, for their involvement in computer intrusions between February 2020 and June 2021, including the indiscriminate HAFNIUM computer intrusion campaign that compromised thousands of computers worldwide, including in the United States. Xu was arrested in Milan, Italy, and will face extradition proceedings.

    According to court documents, officers of the PRC’s Ministry of State Security’s (MSS) Shanghai State Security Bureau (SSSB) directed Xu to conduct this hacking. The MSS and SSSB are PRC intelligence services responsible for PRC’s domestic counterintelligence, non-military foreign intelligence, and aspects of the PRC’s political and domestic security. When conducting the computer intrusions, Xu worked for a company named Shanghai Powerock Network Co. Ltd. (Powerock). Powerock was one of many “enabling” companies in the PRC that conducted hacking for the PRC government.

    “This arrest underscores the United States’ patient and tireless commitment to pursuing hackers who seek to steal information belonging to U.S. companies and universities,” said John A. Eisenberg, Assistant Attorney General for the National Security Division. “The Justice Department will find you and hold you accountable for threatening our cybersecurity and harming our people and institutions.”

    “The indictment alleges that Xu was hacking and stealing crucial COVID-19 research at the behest of the Chinese government while that same government was simultaneously withholding information about the virus and its origins,” said Nicholas Ganjei, U.S. Attorney for the Southern District of Texas. “The Southern District of Texas has been waiting years to bring Xu to justice and that day is nearly at hand. As this case shows, even if it takes years, we will track hackers down and make them answer for their crimes. The United States does not forget.”

    “In February 2020, as the world entered a pandemic, Xu Zewei and other cyber actors working on behalf of the Chinese Communist Party (CCP) targeted American universities to steal groundbreaking COVID-19 research. The following year, these same actors, operating as a group publicly known as HAFNIUM, exploited zero-day vulnerabilities in U.S. systems to steal additional research,” said Assistant Director Brett Leatherman of FBI’s Cyber Division. “Through HAFNIUM, the CCP targeted over 60,000 U.S. entities, successfully victimizing more than 12,700 in order to steal sensitive information. This arrest, carried out with our Italian law enforcement partners, demonstrates the FBI’s relentless commitment to holding CCP-sponsored hackers accountable for their crimes.” 

    According to court documents, in early 2020, Xu and his co-conspirators hacked and otherwise targeted U.S.-based universities, immunologists, and virologists conducting research into COVID‑19 vaccines, treatment, and testing. Xu and others reported their activities to officers in the SSSB who were supervising and directing the hacking activities. For example, on or about Feb. 19, 2020, Xu provided an SSSB officer with confirmation that he had compromised the network of a research university located in the Southern District of Texas. On or about Feb. 22, 2020, the SSSB officer directed Xu to target and access specific email accounts (mailboxes) belonging to virologists and immunologists engaged in COVID-19 research for the university. Xu later confirmed for the SSSB officer that he acquired the contents of the researchers’ mailboxes.

    Beginning in late 2020, Xu and his co-conspirators exploited certain vulnerabilities in Microsoft Exchange Server, a widely-used Microsoft product for sending, receiving, and storing email messages. Their exploitation of Microsoft Exchange Server was at the forefront of a massive campaign targeting thousands of computers worldwide and known publicly as “HAFNIUM.” In March 2021, Microsoft publicly disclosed the intrusion campaign by state-sponsored hackers operating out of China. Throughout March 2021, Microsoft and other industry partners released detection tools, patches, and other information to assist victim entities in identifying and mitigating this cyber incident. Additionally, the FBI and the Cybersecurity and Infrastructure Security Agency released a Joint Advisory on Compromise of Microsoft Exchange Server on March 10, 2021. However, by the end of March 2021, hundreds of web shells remained on certain U.S.-based computers running Microsoft Exchange Server software. In April 2021, the Justice Department announced a court-authorized operation to remediate hundreds of computers in the United States made vulnerable by HAFNIUM actors. In July 2021, the United States and foreign partners attributed the HAFNIUM campaign to the PRC’s MSS.

    Among the victims of Xu’s exploitation of Microsoft Exchange Server were another university located in the Southern District of Texas and a law firm with offices worldwide, including in Washington, D.C. After exploiting computers running Microsoft Exchange Server, Xu and his co-conspirators installed web shells on them to enable their remote administration. These web shells were specific to HAFNIUM actors at the time. As with the earlier COVID-19 research intrusions, Xu and Zhang worked together on the HAFNIUM intrusions, under the supervision and direction of SSSB officers. For example, on or about Jan. 30, 2021, Xu confirmed to Zhang that he had compromised the other university’s network. Later, on or about Feb. 28, 2021, Xu updated a SSSB officer on his successful intrusions. This SSSB officer then directed Xu to obtain a list of other, successful intrusions from a second SSSB officer. Unauthorized access to the law firm’s network allowed Xu and his co-conspirators to steal information from mailboxes and search them for information regarding specific U.S. policy makers and government agencies. Their search terms included “Chinese sources,” “MSS,” and “HongKong.”

    The announcement of charges against Xu is the latest describing the PRC’s use of an extensive network of private companies and contractors in China to hack and steal information in a manner that obscured the PRC government’s involvement. Operating from their safe haven and motivated by profit, this network of private companies and contractors in China cast a wide net to identify vulnerable computers, exploit those computers, and then identify information that it could sell directly or indirectly to the PRC government. This largely indiscriminate approach results in more victims in the United States and elsewhere, more systems worldwide left vulnerable to future exploitation by third parties, and more stolen information, often of no interest to the PRC government and, therefore, sold to other third parties.

    Xu is charged with conspiracy to commit wire fraud and two counts of wire fraud, which carries a maximum penalty of 20 years in prison for each count; conspiracy to cause damage to and obtain information by unauthorized access to protected computers, to commit wire fraud, and to commit identity theft, which carries a maximum penalty of five years in prison; two counts of obtaining information by unauthorized access to protected computers, which carries a maximum penalty of five years in prison; two counts of intentional damage to a protected computer, which carries a maximum penalty of 10 years in prison; and aggravated identity theft, which carries a maximum penalty of two years in prison. Zhang Yu, remains at large. Anyone with information about his whereabouts is asked to contact the FBI at 1-800-CALL-FBI (1-800-225-5324).

    The FBI’s Houston Field Office is investigating the case. The Justice Department’s Office of International Affairs provided valuable assistance in securing the defendant’s arrest.

    Assistant U.S. Attorneys Mark McIntyre and John Marck for the Southern District of Texas and Deputy Chief Matthew Anzaldi of the National Security Division’s National Security Cyber Section are prosecuting the case. The Justice Department’s Office of International Affairs is handling the extradition.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL OSI USA News

  • MIL-OSI USA: Attorney General Bonta Continues Engaging with Business Leaders, Hosts LA Discussion on Tariff Impacts

    Source: US State of California

    AG hosts second roundtable to discuss the impacts of Trump’s disruptive tariffs on front-line industries 

    LOS ANGELES — California Attorney General Rob Bonta today hosted business leaders for a roundtable conversation to discuss the impacts of President Trump’s illegal and chaotic tariffs across industries in California. The roundtable in Los Angeles follows California’s lawsuit against the Trump Administration over its use of the International Emergency Economic Powers Act of 1977 (IEEPA) to illegally impose tariffs, and included leaders from the trucking and shipping industries, ports, and small businesses and business chambers. President Trump’s erratic tariffs are wreaking havoc on the U.S. financial system and causing uniquely immense harm to California’s economy, which as the fourth largest economy in the world, remains a major driver of our national economy. The tariffs challenged under California’s current lawsuit are projected to shrink the U.S. economy by $178 billion, cost California consumers $25 billion, and result in the loss of over 64,000 jobs throughout California.  

    “President Trump’s destructive and unpredictable tariff regime has sent shockwaves through financial markets, businesses, and consumers in every corner of the globe — and especially here in California, home to the fourth largest economy in the world,” said Attorney General Rob Bonta. “Today, I heard from leaders on the front lines concerned about the disastrous impact of tariffs on their industries and businesses. These folks are sounding the alarm — and I sincerely thank Los Angeles business and industry leaders for being open about the challenges Angelinos are facing on the ground. As the People’s Attorney, I will continue to fight for California’s vibrant economy, businesses, workers, and families.”  

    “The erratic tariff policies have created unprecedented uncertainty for harbor businesses, making it impossible to plan shipments or investments,” said Henry Rogers, Executive Director, Harbor Association of Industry & Commerce. “As representatives of companies on the front lines of global trade through the Ports of Los Angeles and Long Beach, we need the predictability our industry requires to continue supporting California’s economy and the jobs that depend on efficient international commerce.”

    “Tariff increases are straining essential drivers of the LA economy, including the construction, manufacturing, and retail sectors,” said Nella McOsker, President & CEO, Central City Association. “Combined with immigration raids that terrorize small businesses, their employees, and potential patrons—especially in Downtown LA—these federal actions are unnecessarily destabilizing our workforce, hindering economic growth, and jeopardizing the well-being of our communities.”

    BACKGROUND 

    Attorney General Bonta is committed to challenging the illegal tariffs that threaten California jobs, businesses, and consumers. On April 16, Attorney General Bonta and Governor Newsom filed a lawsuit challenging President Trump’s unlawful use of power to impose tariffs and direct agencies within the administration to implement and enforce those tariffs without the consent of Congress. In May, California filed a motion for a preliminary injunction with the U.S. District Court for the Northern District of California to stop the Trump Administration’s illegal tariffs while litigation in their case proceeds and filed an amicus brief in the Court of International Trade in Oregon v. Trump, another case also challenging President Trump’s illegal imposition of tariffs. In June, a judge granted California’s request for dismissal to allow the state to appeal its case challenging the Trump Administration’s illegal tariffs after the Administration asked that the case be transferred to the Court of International Trade — a motion that California opposed. The dismissal kept the case in California and allowed California to appeal to the Ninth Circuit. This case remains ongoing.

    More information about the lawsuit can be found here. 

    MIL OSI USA News

  • MIL-OSI Security: Justice Department Announces Arrest of Prolific Chinese State-Sponsored Contract Hacker

    Source: United States Attorneys General 2

    China’s Ministry of State Security Directed the Theft of COVID-19 Research and the Exploitation of Microsoft Exchange Server Vulnerabilities, Known Publicly as the Indiscriminate ‘HAFNIUM’ Intrusion Campaign

    The Justice Department announced today that Xu Zewei (徐泽伟), 33, of the People’s Republic of China was arrested on July 3 in Italy at the request of the United States. Xu and his co-defendant, PRC national Zhang Yu (张宇), 44, are charged in a nine-count indictment, unsealed today in the Southern District of Texas, for their involvement in computer intrusions between February 2020 and June 2021, including the indiscriminate HAFNIUM computer intrusion campaign that compromised thousands of computers worldwide, including in the United States. Xu was arrested in Milan, Italy, and will face extradition proceedings.

    According to court documents, officers of the PRC’s Ministry of State Security’s (MSS) Shanghai State Security Bureau (SSSB) directed Xu to conduct this hacking. The MSS and SSSB are PRC intelligence services responsible for PRC’s domestic counterintelligence, non-military foreign intelligence, and aspects of the PRC’s political and domestic security. When conducting the computer intrusions, Xu worked for a company named Shanghai Powerock Network Co. Ltd. (Powerock). Powerock was one of many “enabling” companies in the PRC that conducted hacking for the PRC government.

    “This arrest underscores the United States’ patient and tireless commitment to pursuing hackers who seek to steal information belonging to U.S. companies and universities,” said John A. Eisenberg, Assistant Attorney General for the National Security Division. “The Justice Department will find you and hold you accountable for threatening our cybersecurity and harming our people and institutions.”

    “The indictment alleges that Xu was hacking and stealing crucial COVID-19 research at the behest of the Chinese government while that same government was simultaneously withholding information about the virus and its origins,” said Nicholas Ganjei, U.S. Attorney for the Southern District of Texas. “The Southern District of Texas has been waiting years to bring Xu to justice and that day is nearly at hand. As this case shows, even if it takes years, we will track hackers down and make them answer for their crimes. The United States does not forget.”

    “In February 2020, as the world entered a pandemic, Xu Zewei and other cyber actors working on behalf of the Chinese Communist Party (CCP) targeted American universities to steal groundbreaking COVID-19 research. The following year, these same actors, operating as a group publicly known as HAFNIUM, exploited zero-day vulnerabilities in U.S. systems to steal additional research,” said Assistant Director Brett Leatherman of FBI’s Cyber Division. “Through HAFNIUM, the CCP targeted over 60,000 U.S. entities, successfully victimizing more than 12,700 in order to steal sensitive information. This arrest, carried out with our Italian law enforcement partners, demonstrates the FBI’s relentless commitment to holding CCP-sponsored hackers accountable for their crimes.” 

    According to court documents, in early 2020, Xu and his co-conspirators hacked and otherwise targeted U.S.-based universities, immunologists, and virologists conducting research into COVID‑19 vaccines, treatment, and testing. Xu and others reported their activities to officers in the SSSB who were supervising and directing the hacking activities. For example, on or about Feb. 19, 2020, Xu provided an SSSB officer with confirmation that he had compromised the network of a research university located in the Southern District of Texas. On or about Feb. 22, 2020, the SSSB officer directed Xu to target and access specific email accounts (mailboxes) belonging to virologists and immunologists engaged in COVID-19 research for the university. Xu later confirmed for the SSSB officer that he acquired the contents of the researchers’ mailboxes.

    Beginning in late 2020, Xu and his co-conspirators exploited certain vulnerabilities in Microsoft Exchange Server, a widely-used Microsoft product for sending, receiving, and storing email messages. Their exploitation of Microsoft Exchange Server was at the forefront of a massive campaign targeting thousands of computers worldwide and known publicly as “HAFNIUM.” In March 2021, Microsoft publicly disclosed the intrusion campaign by state-sponsored hackers operating out of China. Throughout March 2021, Microsoft and other industry partners released detection tools, patches, and other information to assist victim entities in identifying and mitigating this cyber incident. Additionally, the FBI and the Cybersecurity and Infrastructure Security Agency released a Joint Advisory on Compromise of Microsoft Exchange Server on March 10, 2021. However, by the end of March 2021, hundreds of web shells remained on certain U.S.-based computers running Microsoft Exchange Server software. In April 2021, the Justice Department announced a court-authorized operation to remediate hundreds of computers in the United States made vulnerable by HAFNIUM actors. In July 2021, the United States and foreign partners attributed the HAFNIUM campaign to the PRC’s MSS.

    Among the victims of Xu’s exploitation of Microsoft Exchange Server were another university located in the Southern District of Texas and a law firm with offices worldwide, including in Washington, D.C. After exploiting computers running Microsoft Exchange Server, Xu and his co-conspirators installed web shells on them to enable their remote administration. These web shells were specific to HAFNIUM actors at the time. As with the earlier COVID-19 research intrusions, Xu and Zhang worked together on the HAFNIUM intrusions, under the supervision and direction of SSSB officers. For example, on or about Jan. 30, 2021, Xu confirmed to Zhang that he had compromised the other university’s network. Later, on or about Feb. 28, 2021, Xu updated a SSSB officer on his successful intrusions. This SSSB officer then directed Xu to obtain a list of other, successful intrusions from a second SSSB officer. Unauthorized access to the law firm’s network allowed Xu and his co-conspirators to steal information from mailboxes and search them for information regarding specific U.S. policy makers and government agencies. Their search terms included “Chinese sources,” “MSS,” and “HongKong.”

    The announcement of charges against Xu is the latest describing the PRC’s use of an extensive network of private companies and contractors in China to hack and steal information in a manner that obscured the PRC government’s involvement. Operating from their safe haven and motivated by profit, this network of private companies and contractors in China cast a wide net to identify vulnerable computers, exploit those computers, and then identify information that it could sell directly or indirectly to the PRC government. This largely indiscriminate approach results in more victims in the United States and elsewhere, more systems worldwide left vulnerable to future exploitation by third parties, and more stolen information, often of no interest to the PRC government and, therefore, sold to other third parties.

    Xu is charged with conspiracy to commit wire fraud and two counts of wire fraud, which carries a maximum penalty of 20 years in prison for each count; conspiracy to cause damage to and obtain information by unauthorized access to protected computers, to commit wire fraud, and to commit identity theft, which carries a maximum penalty of five years in prison; two counts of obtaining information by unauthorized access to protected computers, which carries a maximum penalty of five years in prison; two counts of intentional damage to a protected computer, which carries a maximum penalty of 10 years in prison; and aggravated identity theft, which carries a maximum penalty of two years in prison. Zhang Yu, remains at large. Anyone with information about his whereabouts is asked to contact the FBI at 1-800-CALL-FBI (1-800-225-5324).

    The FBI’s Houston Field Office is investigating the case. The Justice Department’s Office of International Affairs provided valuable assistance in securing the defendant’s arrest.

    Assistant U.S. Attorneys Mark McIntyre and John Marck for the Southern District of Texas and Deputy Chief Matthew Anzaldi of the National Security Division’s National Security Cyber Section are prosecuting the case. The Justice Department’s Office of International Affairs is handling the extradition.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI

  • MIL-OSI: Rapsodo Announces Innovative New MLM1 App Upgrades to Enhance Practice, Performance Tracking and Club Management

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, July 08, 2025 (GLOBE NEWSWIRE) — Rapsodo, a leading sports data and performance technology company, today released two major new features to elevate golfers’ experience on the Mobile Launch Monitor (MLM1), a tool that offers unparalleled data and insight to enhance their practice sessions. The exclusive new Virtual Range and MyBag tools make it easier to track performance, analyze shot data and fine-tune skills. Rapsodo MLM1 users can add these new features by downloading the latest version of the MLM1 software from the App Store.

    Virtual Range: Exclusive to MLM1 Premium Members, the Virtual Range feature will bring a new level of immersion and visual feedback to golfers practicing into a net at home. Key benefits include:

    • Enhanced Visualization: Users can see every shot traced in real-time within a 3D range environment, offering a more engaging and visually rich experience.
    • Better Practice Feedback: Visual reinforcement of shot direction, distance and flight path helps identify areas for improvement and track gameplay patterns.
    • Simulated Range Experience Anywhere: Transforms any location into a virtual driving range, making practice more flexible and accessible no matter where users are.
    • Data-Driven Improvement: The visual shot tracing allows for more comprehensive analysis and shot recall, helping golfers link ball flight with swing mechanics.

    MyBag: A feature now available for all MLM1 members, MyBag is designed to help golfers organize and track their equipment in one place. Previously available on MLM2PRO, this feature enables users to add and monitor performance data for multiple clubs and directly compare performance metrics. Updates include:

    • Club Input: Users can now manually add clubs to track, specifying details like club type, brand, make, model and specs (lie, loft, length).
    • Data Tracking: As users hit shots, the app records key data points like ball speed, club speed, launch angle and distance.
    • Data Comparison: The Club Comparison tool in R-Cloud allows golfers to directly compare and track the performance of different clubs, ensuring they use the best club for each shot.
    • Shot Averaging: The app calculates average data for each club, helping golfers understand their strengths and weaknesses.
    • Improved Gapping: With insights into how far they can hit with each club, golfers make more informed club choices on the course.
    • Better Practice: Data-driven insights help improve swing mechanics and identify potential issues with specific clubs so golfers always choose the best club for each shot.

    “The expanded MyBag feature can make a huge difference in a golfer’s game, because knowing your average distances and trends for each club helps them make smarter decisions during their rounds and play with more strategic precision,” said Pete Gibbons, director of golf at Rapsodo. “We’re continuously enhancing the user experience to give golfers of all levels better customization and a deeper understanding of their performance on and off the course. We follow the principle ‘Never Stop Improving’ so we can help athletes perform at their best.”

    The MLM1 ($299.99), along with the annual MLM1 Premium membership ($99.99), turns any iOS device into a game-changing mobile launch monitor, allowing golfers to make data-driven decisions and track their progress in real time. The MLM1 tracks up to 11 golf metrics, provides swing replay with shot trace and allows for multiple training experiences to help golfers get more out of their game. Purchase of the device includes a free 7-day trial of the MLM1 premium membership.

    For more information, visit rapsodo.com and see the media kit here.

    About Rapsodo
    Rapsodo defies limits with affordable, professional-grade technology to enhance the way athletes play across the world. Used by MLB teams, NCAA Division I Champions, and elite PGA coaches, Rapsodo technology has earned multiple MyGolfSpy’s Best of Golf Awards and the Official Player Development Partner of USA Baseball, affirming Rapsodo’s leadership in golf, baseball, and softball tech. Do what you didn’t think was possible. Play Without Limits. Play with Rapsodo. Discover more at Rapsodo.com.

    Media Contact:
    Tara Evans
    Uproar by Moburst for Rapsodo
    tara.evans@moburst.com

    The MIL Network

  • MIL-OSI: Ingenio Care Closes Pre-Seed Funding to Launch AI-Enabled, Patient-Centric Digital Health Network — Pilots Now Open for IPAs, Employers, and Health Plans

    Source: GlobeNewswire (MIL-OSI)

    OAK BROOK, Ill., July 08, 2025 (GLOBE NEWSWIRE) — Ingenio Care, an AI-enabled, patient-centric digital health network, today announced the successful close of its pre-seed funding round. The company is preparing to launch pilot programs with Independent Physician Associations (IPAs), self-insured employers, and health plans, introducing a platform designed to resolve the systemic challenges of access, fragmentation, and administrative inefficiency in U.S. healthcare.

    A Smarter Network for a System in Crisis

    The healthcare ecosystem is strained like never before: patients face weeks-long wait times, providers are bogged down by administrative burdens, and payers are scaling back services amid rising costs. Even once-promising centralized care models like Oak Street Health and VillageMD are facing major challenges, exposing the limits of top-down disruption.

    Ingenio Care offers a fundamentally different model: a scalable digital health network that enhances existing infrastructure with real-time data, automation, and seamless coordination — placing the patient at the center.

    “We are no longer just talking about inefficiency — we’re talking about dysfunction,” said Alex Kumar, Founder and CEO of Ingenio Care. “Ingenio Care was built to be the connective layer the system desperately needs — linking patients, providers, and payers into a smarter, faster, and more responsive network.”

    The Ingenio Care App: Patient-Centric and System-Aware

    At the core of Ingenio Care is a first-of-its-kind patient app that gives individuals the ability to manage their care and costs through a single digital experience:

    • Instant access to available, in-network providers across primary, specialty, and behavioral care
    • Seamless care navigation including referrals, follow-ups, and care plan coordination
    • Cost transparency to help patients make informed decisions
    • Continuity of care even across insurance or employer changes — a first in U.S. healthcare
    • Upcoming integration with credit cards for identity verification, reducing fraud and intake errors

    “Patients shouldn’t have to start over every time they change plans or employers,” said Kumar. “We’ve built the first system that follows the patient — not the paperwork.”

    The Ingenio Care platform reduces the frequency of future ER visits and hospital admissions, increasing patient outcomes and satisfaction while simultaneously reducing expenditure from providers and systems.

    Reducing Wait Times by Unlocking Capacity

    By intelligently matching patients with underutilized providers and increasing provider efficiency, Ingenio Care believes it can cut wait times by 30% to 50%. The platform identifies availability in real time and guides patients toward timely, appropriate care — improving both experience and outcomes.

    “There’s untapped capacity in the system today,” said Kumar. “Our platform unlocks it by reducing friction, connecting the dots, and giving providers better tools to manage their day-to-day work.”

    Network Effects: Growing Value for All Participants

    As the Ingenio Care network expands, all stakeholders benefit — including providers. Physicians and care organizations gain access to a natural flow of in-network patients actively navigating through the platform. This reduces the need for expensive marketing and patient acquisition campaigns, while simultaneously lowering administrative overhead through automation and integration.

    “Ingenio Care brings patients to us more efficiently — and helps us serve them better,” said Dr. Yogi Ahluwalia, Chair of Psychiatry at Mount Sinai Hospital Medical Center of Chicago. “It’s the kind of infrastructure that scales with us, not against us.”

    “We’re excited to be part of something that enhances care without disrupting how we practice,” added Dr. Pradeep Thapar, owner of Premier Psychiatry. “This is what the next generation of clinical operations should look like.”

    Pilots Now Open

    Ingenio Care is enrolling pilot sites across provider networks, employers, and health plans. Initial pilots will measure improvements in appointment access, care navigation, administrative burden, and cost-effectiveness.

    To learn more or join a pilot program, visit www.ingeniocare.com or contact Ingenio Care:

    Contact:
    Rohin Gopalka
    rohin.gopalka@ingeniocare.com

    About Ingenio Care
    Ingenio Care is an AI-enabled, patient-centric digital health network that empowers patients, providers, and payers through intelligent access, real-time coordination, and simplified infrastructure. With a first-of-its-kind app and a platform designed for real-world scalability, Ingenio Care delivers the tools to restore healthcare’s promise — better care, smarter systems, and shared value.

    The MIL Network

  • MIL-OSI: Vicor Corporation to Hold Second Quarter Earnings Conference Call and Webcast on July 22, 2025

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., July 08, 2025 (GLOBE NEWSWIRE) — Vicor Corporation (NASDAQ: VICR) announced today it will hold its second quarter 2025 earnings conference call and webcast on Tuesday, July 22, 2025 at 5:00 p.m. (Eastern). Prepared remarks regarding the company’s financial and operational results for the three and six months ended June 30, 2025 will be followed by a question and answer period with Patrizio Vinciarelli, Chief Executive Officer, Jim Schmidt, Chief Financial Officer, and Phil Davies, Corporate Vice President, Global Sales and Marketing.

    Results for the second quarter will be released over GlobeNewswire at the close of the NASDAQ Market Session on July 22, 2025, and the press release and a summary of the company’s financial statements will be available shortly thereafter on the Investor Relations page of Vicor’s website.

    Vicor encourages investors and analysts who intend to ask questions via the conference call to register with Notified, the service provider hosting the conference call. Those registering on Notified’s website will receive dial-in info and a unique PIN to join the call as well as an email confirmation with the details. Registration may be completed at any time prior to 5:00 p.m. on July 22, 2025.

    For those parties interested in listen-only mode, the conference call will be webcast via a link that will be posted on the Investor Relations page of Vicor’s website prior to the conference call. Please access the website at least 15 minutes prior to the conference call to register and, if necessary, download and install any required software.

    For those who cannot participate in the live conference call, a webcast replay of the conference call will also be available on the Investor Relations page of Vicor’s website.

    About Vicor

    Vicor Corporation designs, develops, manufactures, and markets modular power components and complete power systems based upon a portfolio of patented technologies. Headquartered in Andover, Massachusetts, Vicor sells its products to the power systems market, including enterprise and high performance computing, industrial equipment and automation, telecommunications and network infrastructure, vehicles and transportation, and aerospace and defense electronics.

    www.vicorpower.com

    For further information contact:
    Vicor Corporation
    James F. Schmidt
    Chief Financial Officer
    Office: (978) 470-2900
    Email: invrel@vicorpower.com

    The MIL Network

  • MIL-OSI USA: King, Collins, Golden Introduce Bipartisan Legislation to Protect Our Troops and Strengthen Domestic Manufacturing

    US Senate News:

    Source: United States Senator for Maine Angus King

    WASHINGTON, D.C. – U.S. Senators Angus King (I-ME), a senior member of the Senate Armed Services Committee (SASC) and Susan Collins (R-ME) have introduced bipartisan, bicameral legislation to ensure our troops are wearing high quality, safe and reliable footwear as part of their uniforms. The Better Outfitting Our Troops (BOOTS) Act would expand current uniform regulations to ensure the combat boots worn by our servicemembers are entirely manufactured in America and made with U.S.-sourced materials thus strengthening our national security and creating good-paying jobs.

    U.S. Representative Jared Golden (D-ME-02), a Marine Corps. combat veteran and member of the House Armed Services Committee (HASC), is an original sponsor of companion legislation in the House.

    “Our military depends on the availability, accessibility, safety and quality of the uniforms worn by our servicemembers,” said Senator King. “The bipartisan BOOTS Act will ensure that all combat boots and parts worn by the American military are made in the USA—both boosting our domestic economy and ensuring the safety of the boots supply chain. Thank you to my colleagues for putting our servicemembers first.”

    “Requiring our servicemembers’ combat boots to be produced in the United States with American materials improves military readiness and strengthens our defense industrial base,” said Senator Collins. “This bipartisan bill would help avoid supply disruptions in times of crisis, create more jobs and investment domestically, and better outfit our nation’s troops.”

    “American warfighters should be supplied American gear, including footwear,” said Representative Golden. “Ensuring domestic suppliers are first in line to provide equipment to our service members is good for troops, good for the jobs, and good for domestic manufacturing. I’m proud to cosponsor the BOOTs Act to provide American-made footwear to the men and women who volunteer to defend America.”

    The BOOTS Act would mandate that all optional combat boots worn by U.S. military servicemembers are Berry Amendment-compliant, or 100 percent made in the United States with U.S.-sourced materials. The current loophole has allowed for a major increase in low quality, foreign-made boots and has led to a significant decline in demand from American companies, which in turn reduces domestic manufacturing capabilities and undermines the domestic defense supply chain. In the event of a major conflict, the current clothing and textile supply chain would be too fragile to meet demand.

    This legislation is endorsed by A&E, American Sole, Belleville Boot Co., Draper Knitting, Emtex Global, G-Form, Glacial Lakes Rubber and Plastics, Grassland Stamping, Hope Global Manufacturing, Mississippi TanTec, McRae Footwear, Meramec, Meridian, Milliken, New Balance Athletics, PolyLabs, Rubberlite, Signet Mills, SX Industries, Thorogood, Unifi, Vibram Corporation, W.L. Gore and Associates, Worthen Industries, YKK USA, American Apparel and Footwear Association (AAFA), National Council of Textile Organizations (NCTO), U.S. Footwear Manufacturers Association (USFMA) and Warrior Protection and Readiness Coalition (WPRC).

    “The BOOTs Act closes a gap in the Berry Amendment by requiring all military footwear sold through Department of Defense exchanges to be domestically sourced. Currently, foreign-made boots undermine military readiness and disadvantage American manufacturers, weakening the U.S. supply chain. This commonsense change ensures uniform consistency, reduces confusion for servicemembers, and supports the domestic industrial base as manufacturers rebuild capacity,” said Bill McCann, Executive Director of the United States Footwear Manufactures Association.

    MIL OSI USA News

  • MIL-OSI Russia: Practical cooperation between China and Russia is constantly deepening – Chinese Ambassador to Russia Zhang Hanhui

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    Moscow, July 8 (Xinhua) — Chinese-Russian practical cooperation is constantly deepening, Chinese Ambassador to Russia Zhang Hanhui said in a written interview with the Rossiya Segodnya news agency on Tuesday on the sidelines of the 9th China-Russia EXPO, which is being held from July 7 to 10 in the Russian city of Yekaterinburg.

    “Chinese-Russian practical cooperation in trade, energy, minerals, agriculture, etc. is constantly deepening. In recent years, new growth points in trade and economic cooperation have become the automotive industry, industrial parks and economic zones, digital economy and artificial intelligence,” the ambassador noted.

    Zhang Hanhui emphasized that under the strategic leadership of the heads of state, Chinese-Russian trade and economic cooperation maintains favorable development dynamics. He recalled that by the end of 2024, bilateral trade, having overcome the influence of numerous unfavorable factors, generally maintained the trend of stable growth with an increase in quality and again reached record levels. According to him, this fully demonstrated the sustainability and viability of Chinese-Russian trade and economic cooperation.

    “Since the beginning of this year, China-Russia trade has been facing more complex external factors and pressures. But thanks to the joint efforts of both sides, bilateral trade has generally remained stable and its quality has continued to improve,” the Chinese diplomat added, pointing out that the two sides will continue to strengthen coordination and interaction, and unleash the potential of cooperation to ensure stable growth of bilateral trade.

    The PRC Ambassador to the Russian Federation noted that contacts between enterprises of the two countries are becoming increasingly close. “In recent years, Chinese companies, using emerging opportunities and positively assessing the prospects for the development of the Russian market, are actively satisfying Russia’s growing domestic demand, creating new jobs and contributing to the country’s socio-economic development,” he noted.

    According to Zhang Hanhui, the updated bilateral agreement on the promotion and protection of capital investments signed in May was good news for the governments and business circles of China and Russia. The diplomat is confident that with the improvement of the business climate, more and more Chinese enterprises will enter the Russian market.

    As the ambassador explained, the Made in Russia festival, which has already been held in China five times, attracts increased attention from Chinese consumers. Such well-known Russian products as chocolate, ice cream, honey and vodka are very popular with them. “In the future, we welcome the entry of new high-quality products with the Made in Russia brand into the Chinese market,” Zhang Hanhui added.

    Speaking about cooperation between China and Russia in the gas sector, he stressed that this cooperation is developing successfully. The Chinese diplomat cited data according to which from January to May 2025, pipeline gas imports from Russia to China amounted to 16.14 billion cubic meters, which is 29.4 percent more than in the same period last year. “The eastern route of the Power of Siberia gas pipeline project is functioning stably and will reach its design capacity by the end of this year,” he said, noting that the relevant departments of the two countries are currently negotiating the Power of Siberia 2 gas pipeline project.

    The Chinese diplomat also spoke about the strategic importance of developing the Northern Sea Route (NSR). He pointed out that in recent years, China and Russia have been actively developing cooperation in developing this route. Last year, a bilateral subcommittee on cooperation on the NSR was created, and the first meeting was already held, at which target indicators for cargo turnover were agreed. “The parties will implement the agreements reached in order to further advance cooperation in developing the NSR,” Zhang Hanhui assured.

    The Ambassador believes that China and Russia should continue to work on developing logistics and transport corridors, unifying certification standards and simplifying trade procedures in the interests of creating a stable and favorable business environment. –0–

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

    .

    MIL OSI Russia News

  • MIL-OSI USA: Helping New Yorkers Access Behavioral Health Treatment

    Source: US State of New York

    overnor Kathy Hochul today announced that new network adequacy regulations give New Yorkers with qualifying health insurance plans access to an initial outpatient appointment for behavioral health care within 10 business days of the request. These new consumer protections also require these plans to post up-to-date and accurate lists of in-network providers on their websites, which will help to eliminate inaccurate or misleading directories.

    “New Yorkers in need of mental health or substance use disorder treatment should not be forced to wait months for essential care or to cover these costs themselves when their plan doesn’t include any available providers,” Governor Hochul said. “These new regulations will help remove barriers that often force individuals and families to pay out-of-pocket for care or forgo treatment altogether.”

    As of July 1, New Yorkers covered by Medicaid Managed Care, Child Health Plus, and the Essential Plan are entitled to these important consumer protections for appointment wait times. For New Yorkers covered by commercial health insurance plans, these wait time standards will take effect on a rolling basis as their policies are renewed, modified, or purchased on and after July 1.

    The regulations also require plans to have dedicated employees who can help their members find an in-network provider. Additionally, the plans must provide a list of available in-network providers within three business days, following a member’s request.

    New Yorkers unsure of their coverage should contact their insurer or employer. Those needing mental health or substance use disorder services should also check their health insurance policies for a list of what is covered.

    Plans must post an accurate and up-to-date directory of their provider network, including health care professionals or facilities, the provider’s location, telehealth options, languages spoken, any restrictions concerning the conditions treated or ages served, and facility affiliations, among other information. Accurate directories will help to eliminate so-called ‘ghost networks’ –ones that give the appearance of offering in-network options, but instead list inaccurate information or providers that aren’t taking appointments.

    New York State Department of Financial Services Superintendent Adrienne Harris said, “This regulation is a significant step toward getting New Yorkers the critical care they need, when they need it. From banking, to insurance, to cryptocurrency, the Department will continue working to build a more equitable, transparent, and resilient financial system for all New Yorkers.”

    New York State Office of Mental Health Commissioner Dr. Ann Sullivan said, “These regulations remove barriers that either slowed or prevented New Yorkers from accessing critical behavioral health care services. Ensuring timely access and adequate networks of providers by plans and commercial insurers, we enable individuals and families to have access to high-quality mental health and substance use services whenever needed. These new regulations reflect Governor Hochul’s commitment to expanding access to behavioral health care statewide.”

    New York State Health Commissioner Dr. James McDonald said, “Timely access to behavioral health care can be life-changing, and in many cases, lifesaving. These new regulations help ensure that all New Yorkers, regardless of their type of coverage, can access the mental health and substance use care they need, when they need it. I thank Governor Hochul for her unwavering commitment to protect the health of New Yorkers and advance health equity across the state.”

    New York State Office of Addiction Services and Supports Commissioner Dr. Chinazo Cunningham said, “These new regulations will make it easier for people to quickly access the addiction and mental health care and resources they need. By continuing to remove barriers to these services, and strengthening consumer protections for those accessing help, we are continuing to support Governor Hochul’s vision to improve services across the state and help all New Yorkers live healthier lives.”

    State Senator Nathalia Fernandez said, “While the federal government pulls back from their responsibility to protect health care, New York is moving forward. These new regulations are about making sure coverage means real, timely care. I thank Governor Hochul for taking action to strengthen access to mental health and substance use care. That’s the kind of leadership this moment demands.”

    The new regulations also provide avenues for consumers to file a complaint against plans or insurers not in compliance. New Yorkers covered by Medicaid, Essential Plan, or Child Health Plus can contact DOH; those with state-regulated commercial insurance coverage may contact DFS. For more information about mental health and substance use disorder treatment coverage requirements and protections, visit here.

    The Community Health Access to Addiction & Mental Healthcare Project or ‘CHAMP’ is a resource available to help people with insurance issues related to substance use disorder and mental health care. CHAMP can answer questions, help file complaints against insurance companies, and assist with insurance denial appeals.

    Governor Hochul also secured $1 million in the FY 2026 Enacted State Budget to help enforce state regulations so that insurers provide the mental health care and substance use disorder coverage their members deserve. This includes new resources to strengthen compliance and oversight, educate consumers and providers, and investigate and mediate complaints.

    Under Governor Hochul’s leadership, New York is leading the nation in requiring health insurers to cover behavioral health services and continues to develop tools to ensure these companies are following all applicable laws. The state now requires commercial insurers to reimburse covered outpatient mental health and substance use disorder services provided by in-network OMH- and OASAS-licensed facilities at no less than the Medicaid rate; and requires commercial and Medicaid health plans to use transparent, nonprofit clinical guidelines and cover all medically necessary treatments.

    The 988 Suicide & Crisis Lifeline connects New Yorkers to trained crisis counselors 24/7, who can help anyone thinking about suicide, struggling with substance use, experiencing a mental health crisis, or any other kind of emotional distress. New Yorkers can call, text or chat 988 if they are worried about someone who may need crisis support.

    New Yorkers struggling with an addiction, or whose loved ones are struggling, can find help and hope by calling the state’s toll-free, 24-hour, 7-day-a-week HOPEline at 1-877-8-HOPENY (1-877-846-7369) or by texting HOPENY (Short Code 467369).

    MIL OSI USA News