Category: Business

  • MIL-OSI USA: ICYMI: Luján Delivers Forceful Remarks on Republican Betrayal Bill, Highlighting Impacts on New Mexicans

    US Senate News:

    Source: US Senator for New Mexico Ben Ray Luján

    WATCH Senator Luján’s Floor Speech HERE

    Washington, D.C.In Case You Missed It: U.S. Senator Ben Ray Luján (D-N.M.), a member of both the Senate Finance and Budget Committees, took to the Senate floor to deliver a floor speech detailing how the Republican budget bill would devastate New Mexico’s families, farmers and ranchers, and children and seniors. Senator Luján’s floor speech came during the midnight hour as Senate Democrats held the Senate floor.

    Excerpts of Senator Luján’s floor speech are available below:

    “Some claim this bill will help Americans, which we know is not the truth. Because from where I stand, there is very little in this legislation that helps hard-working New Mexicans. It’s important that this debate is happening – because now New Mexicans and all Americans can see clearly what is in this bill and what is not.”

    “New Mexicans are hard-working people who believe in the values of loving your neighbor and following what the Bible teaches us: do unto others as you would have them do unto you. This bill goes against everything New Mexicans stand for. It is not honest. It is not caring. And it is not fair.”

    “I have heard my colleagues claim that this does not cut assistance. That’s a lie. It’s not true. This bill cuts more than a trillion dollars from the Supplemental Nutrition Assistance Program and Medicaid for crying out loud. Senate Republicans are gutting the Affordable Care Act and ripping health care away from over 17 million Americans.”

    “For our rural communities out there, for the farmers and ranchers who grow our food, this bill will hurt your bottom line while closing rural hospitals and rural grocery stores. For families who rely on SNAP, this bill means less food on the table and more children going to bed hungry. All while making health care, especially emergency care, harder to access. That is what this bill does to hard-working Americans.”

    “To the American people: Hear me when I say, keep speaking up. You have done it before. You helped stop the sale of our public lands. You made your voices impossible to ignore. Now, this bill is not the law of the land yet. But if we stay silent, it will be. So, keep organizing. Keep calling. Keep showing up.”

    MIL OSI USA News

  • MIL-OSI United Kingdom: New powers yield “real-world impact” in Companies House economic crime crackdown

    Source: United Kingdom – Government Statements

    News story

    New powers yield “real-world impact” in Companies House economic crime crackdown

    A new report shows the agency’s progress in implementing changes brought in by the Economic Crime and Corporate Transparency Act 2023.

    Economic crime costs the UK economy billions annually, and Companies House is leading a major transformation to combat this through new powers granted by the Economic Crime and Corporate Transparency Act 2023.

    A new progress report on the implementation of these powers demonstrates how Companies House is transforming from a passive register to an active gatekeeper and gives examples of how the agency is actively tackling economic crime and improving register data.

    Key to Companies House progress is strengthened collaboration with The Insolvency Service and other law enforcement agencies to present a unified front against economic crime.

    The report covers progress in the implementation of secondary legislation, Companies House and Limited Partnership reform, and updates on the Register of Overseas Entities and enforcement of the new powers.

    The report includes detail on how Companies House has:

    • queried and removed false, misleading or incorrect information from the registers, with an impact on 100,400 companies – this often relates to the hijacking of innocent people’s identities or addresses, usually to enable criminality such as fraud or money laundering

    • rejected 10,200 suspicious applications including where evidence has suggested mass incorporations at certain addresses are taking place – this practice has a known link with money laundering

    • collaborated with The Insolvency Service and partners to identify approximately £50 million in UK property related to companies owned by organised criminals, which is now subject to ongoing asset recovery investigations

    • played an active role in the first Europol Asset Sprint, which saw 43 law enforcement agencies across 28 countries, along with private sector partners, participating in this unique initiative aimed at enhancing the number of criminal assets seized globally

    The report represents another significant milestone in the transformation of Companies House as it looks to achieve its vision of a transparent corporate framework that both supports economic growth and fights economic crime.

    Chief executive of Companies House Louise Smyth said:

    These reforms represent a significant transformation of Companies House and I’m proud to see the real-world impact they’re already having.

    Our latest report demonstrates how we’re strengthening the UK’s business environment by taking direct action against those misusing corporate structures, while improving the accuracy and reliability of our register for legitimate businesses.

    Our new intelligence capabilities have now already facilitated approximately 850 intelligence reports to law enforcement partners, while our risk-based approach targets resources where they’ll have the greatest impact on economic crime.

    As we prepare for the next phase of implementation, including mandatory identity verification by autumn 2025, we remain committed to creating a transparent company register that supports economic growth while making the UK a hostile environment for those looking to commit economic crime.

    Director of Investigation and Enforcement Services at The Insolvency Service Dave Magrath said:

    The Insolvency Service’s close collaboration with Companies House is delivering positive results in the fight against economic crime, with joint efforts already identifying thousands of suspicious companies and millions in criminal assets.

    Our investigative and enforcement powers, combined with Companies House’s enhanced intelligence capabilities, allow us to take decisive action against those who exploit company structures for fraud and money laundering.

    Together, we’re building a more robust and trusted business environment that benefits legitimate companies while making the UK much harder for fraudsters to operate in.

    Updates to this page

    Published 30 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: IMF Staff Completes 2025 Article IV Mission to Algeria

    Source: IMF – News in Russian

    June 30, 2025

    End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.

    • The near-term prospects for the Algerian economy remain broadly positive despite global uncertainty, but fiscal vulnerabilities are high.
    • A gradual yet urgent fiscal adjustment is essential to strengthen fiscal resilience and rebuild buffers, while monetary policy should remain focused on price stability. Greater exchange rate flexibility would strengthen the economy’s ability to absorb external shocks, including from hydrocarbon prices.
    • Strengthened policy frameworks, along with reforms to enhance fiscal resilience, diversify the economy, and promote private investment, are critical to lifting growth and creating jobs over the medium-term.

    Algiers, Algeria: An International Monetary Fund (IMF) mission led by Mr. Charalambos Tsangarides visited Algiers during June 16–30, to conduct the 2025 Article IV consultation with Algeria.

    At the end of the mission, Mr. Tsangarides issued the following statement:

    “Economic activity eased to 3.6 percent in 2024 from 4.1 percent in 2023, as OPEC+ production cuts weighed on the hydrocarbons sector, while nonhydrocarbon activity remained strong, expanding by 4.2 percent. The current account balance turned to a deficit in 2024 amid lower hydrocarbon output and gas prices. International reserves remained robust at US$ 67.8 billion, covering about 14 months of imports.

    Inflation fell sharply from an average of 9.3 percent in 2023 to 4 percent in 2024, driven mainly by lower food prices, with core inflation also declining. Monetary policy remained accommodative in the first half of 2025. The budget deficit widened significantly in 2024, reaching 13.9 percent of GDP due to lower hydrocarbon revenues and higher wage and investment spending, and is expected to remain high in 2025.

    The near-term outlook is broadly positive, supported by a gradual recovery in hydrocarbon production as OPEC+ production cuts ease, which is expected to sustain growth in 2025, while inflation remains moderate. However, growing fiscal pressures pose significant financing challenges and if continued, would increase public debt in the medium term. Continued global uncertainty and volatile hydrocarbon prices are likely to dampen exports and investment, contributing to a wider current account deficit in 2025.

    Economic prospects face several risks, primarily from volatile hydrocarbon prices amid shifting trade policies and geopolitical tensions, and persistent fiscal deficits that strain debt sustainability and deepen financial linkages between the government, state-owned enterprises (SOEs), and public banks (SOBs). However, medium-term economic prospects would improve with sustained reforms to diversify the economy, and effective implementation of the government’s Action Plan and structural reforms.

    To safeguard macro-financial stability and mitigate near-term risks amid a volatile global environment, the mission recommends gradual yet timely fiscal rebalancing. This will curb rising financing needs driven by large deficits and falling hydrocarbon prices, helping to reduce vulnerabilities, rebuild buffers, and stabilize public debt over the medium term. Monetary policy should continue to be guided by economic conditions and firmly focused on its inflation objective, while maintaining close oversight of financial sector developments. More exchange rate flexibility will enhance the economy’s ability to absorb external shocks amid heightened hydrocarbon price volatility and global uncertainty.

    Medium-term reform priorities include enhancing fiscal sustainability, strengthening monetary and financial frameworks, and advancing structural reforms to boost private investment, inclusive growth, and job creation.

    The fiscal adjustment strategy would be strengthened by reforms to increase nonhydrocarbon revenues and streamline spending. A revised revenue mobilization strategy would support efforts to expand the tax base, including by rationalizing tax expenditures, and enhance compliance via digitalization. Reforming subsidies would help rebuild fiscal buffers and create space for priority expenditures, including targeted support for vulnerable households. Enhancing public investment efficiency would support the authorities’ economic diversification goals. Improving oversight, efficiency, and governance of SOEs would be essential to contain macro-financial risks. The mission welcomes progress in implementing the 2018 Organic Budget Law, which is expected to enhance transparency and accountability in budget execution, the establishment of a unit within the Ministry of Finance to oversee SOEs and strengthen fiscal risk management, and the expected implementation of the new Public Procurement Law.

    The mission commends the authorities for their ongoing implementation of the 2023 Monetary and Banking Law, improvements in liquidity management, and strengthened capacity in macroeconomic forecasting and policy analysis. Clarifying the monetary policy framework—by defining a clear primary objective and nominal anchor—would enhance policy transmission and effectiveness. Improving financial sector oversight is crucial to mitigate risks arising from strong financial linkages between the central government, SOEs, and SOBs.

    The authorities’ efforts to diversify the economy and improve the business climate to boost private investment are welcome. Key initiatives include a one-stop digital shop for real estate access, aligning exports with international standards, and advancing online trade. The mission encourages continuing these reforms but cautions against broad application of fiscal incentives that may create revenue gaps. Additional gains can be achieved by removing administrative restrictions, increasing flexibility in product and labor markets, and ensuring a level playing field between public and private sectors. The mission also welcomes recent governance reforms and continued efforts to strengthen the AML/CFT framework and enhance transparency and accountability in the public sector.”

    “The mission expresses its gratitude and appreciation to the authorities and all interlocutors for their warm hospitality and the open and constructive discussions.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Angham Al Shami

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/06/30/pr-25226-algeria-imf-staff-completes-2025-article-iv-mission

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI USA: CFTC Staff Issues Futures Commission Merchant FAQs

    Source: US Commodity Futures Trading Commission

    CFTC Staff Issues Futures Commission Merchant FAQs | CFTC

    /PressRoom/PressReleases/9091-25
    Skip to main content

    June 30, 2025

    WASHINGTON, D.C. — The Commodity Futures Trading Commission’s Market Participants Division (MPD) today published responses to frequently asked questions (FAQs) regarding registering an entity as a futures commission merchant (FCM) and the ongoing regulatory obligations of operating an FCM. The FAQs address, among other issues, the FCM registration process, customer protections, and governance obligations and other requirements. 
    MPD has received an increased number of inquiries concerning the registration and operation of FCMs by entities that have not been registered with the CFTC or subject to oversight as a financial institution by a federal financial regulator. The responses to the FAQs are to assist entities in considering the significant responsibility of an FCM and the substantial resources needed to operate one. 

    -CFTC-

    MIL OSI USA News

  • MIL-OSI Economics: How startups are harnessing Azure cloud computing and advanced NVIDIA chips

    Source: Microsoft

    Headline: How startups are harnessing Azure cloud computing and advanced NVIDIA chips

    As industries race to adopt AI, it takes a unique catalyst to cause true disruption and change the world. In our Catalyst documentary series, we follow three disruptive startups as they unlock what is possible when cloud-native agility meets accelerated computing, leveraging Microsoft Azure and NVIDIA to drive seismic shifts in science, health, and technology.

    Microsoft and NVIDIA have over a decade-long partnership in driving AI innovations and solutions forward. Together, they are working to democratize access to cutting-edge cloud infrastructure and building a supportive ecosystem for startups, enabling them to train and deploy complex AI models faster so they can create solutions that solve global challenges. Microsoft Azure provides a scalable cloud foundation which combines with the full-stack NVIDIA innovation AI platform—including accelerated computing infrastructure, performance-optimized AI software, and domain-specific frameworks—to support innovation and create new opportunities. They enable startups and and innovative companies to use AI to develop, expand, and deliver groundbreaking solutions across industries.

    In the first season, we will follow three companies in the Microsoft for Startups and NVIDIA Inception programs at the cusp of breakthroughs powered by Azure Foundry infrastructure and accelerated by NVIDIA GPUs:

    • Pangaea Data is addressing critical global healthcare challenges and closing care caps by discovering untreated and under-treated patients across hard-to-diagnose conditions who are currently overlooked despite information in their records. Pangaea’s innovative AI platform is integrated into electronic health record (EHR), scheduling, and care coordination systems through Microsoft’s Agentic AI framework, thereby enabling clinicians to ensure guideline concordance for patients at the point of care without disrupting existing workflows. By uncovering insights buried in patient records, Pangaea is helping health systems and pharmaceutical companies transform care for better outcomes and ensuring health equity.
    • Basecamp Research is revolutionizing life sciences by creating one of the world’s largest biological databases—at 9.8 billion new biological protein sequences—to address critical global challenges in drug discovery, product R&D, and beyond. By enabling AI to comprehend the complexity and breadth of biology, Basecamp Research designs cutting-edge biological systems, setting new benchmarks in control, novelty, and efficiency. Their groundbreaking solutions are driving advancements in drug discovery and beyond, holding the potential to redefine the future of biological research.
    • Global Objects uses advanced AI and 3D scanning technologies to create photoreal digital twins of real-world locations, objects, and props. These high-fidelity assets power generative AI, virtual production, and immersive experiences across industries—from media and entertainment to enterprise and government.

    True innovation happens when startups are able harness the power of Azure Foundry infrastructure coupled with NVIDIA acceleration to spark industry breakthroughs. Watch the Catalyst series to see how today’s bold innovators are building the future, unlocking what is possible—and to provide inspiration for your startup to catalyze change.

    Learn more about Microsoft for Startups today

    MIL OSI Economics

  • MIL-OSI United Kingdom: New Permanent Secretary at Department for Science, Innovation and Technology

    Source: United Kingdom – Government Statements

    News story

    New Permanent Secretary at Department for Science, Innovation and Technology

    Emram Mian has been appointed as the new Permanent Secretary at the Department for Science, Innovation and Technology, replacing Sarah Munby

    The Cabinet Secretary, with the approval of the Prime Minister, has today (Monday, 30 June) announced the appointment of Emran Mian as the new Permanent Secretary of the Department for Science, Innovation and Technology (DSIT).

    Emran is currently Director General for Digital Technologies and Telecoms at DSIT, where he is responsible for programmes to make the UK one of the best places in the world to undertake AI research and to build an AI company, covering data use and access policy, cybersecurity policy and online safety.

    He has previously held roles in the Ministry of Housing, Communities and Local Government as a Director General for Regeneration, Housing and Planning, and Director General for Stronger Places, and at the Department for Education as Director General for Strategy and International.

    Emran, replacing Sarah Munby, will lead the department at a critical time as the Government drives innovation and investment through the UK’s world-class science sector, and aims to harness new technologies to deliver growth and renewal for working people through the Plan for Change. 

    Secretary of State for Science, Innovation and Technology, Peter Kyle, said:

    Emran will be an outstanding Permanent Secretary with exceptional experience and vision. I have had the pleasure of working with him closely since I became Secretary of State and he knows this department inside out. 

    Under his leadership, DSIT will go from strength to strength in harnessing the power of science and technology to improve people’s lives across the UK, playing a central role in delivering our Plan for Change. 

    I also want to place on record my thanks to and deep appreciation for Sarah Munby, not only for her personal support to me but for her service to the country at large during her years in the civil service. She has helped to navigate several of the most complex challenges facing the government of the day under five Prime Ministers and wherever she goes next will be extremely lucky to have her.

    Cabinet Secretary, Sir Chris Wormald, said:

    I congratulate Emran Mian on his appointment as Permanent Secretary at the Department for Science, Innovation and Technology, and I thank Sarah Munby for her leadership of the department since February 2023. 

    Emran brings significant experience into this role from his time as Director General for Digital Technologies and Telecoms, and previous roles at the Ministry of Housing, Communities and Local Government, and the Department for Education. 

    He is well placed to take on the opportunities of this exciting post, and lead the Government’s delivery of the blueprint for modern digital government as part of the Plan for Change.

    Emran Mian said:

    I applied for this role because I am hugely optimistic about how science, technology and AI can improve lives, government services and economic growth. At this moment there is no cap on how ambitious we should be for our country. 

    I am grateful to Sarah Munby for her leadership of DSIT since the department was created. It is a privilege to take the work forward with colleagues across the department and wider government, working closely with scientists, inventors, entrepreneurs, businesses and civil society.

    The appointment follows an external recruitment competition overseen by the independent Civil Service Commission.

    Updates to this page

    Published 30 June 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: The Gaza Humanitarian Foundation’s operations are leading to mass casualties: UK statement at the UN Security Council

    Source: United Kingdom – Government Statements

    Speech

    The Gaza Humanitarian Foundation’s operations are leading to mass casualties: UK statement at the UN Security Council

    Statement by Fergus Eckersley, UK Minister Counsellor, at the Security Council meeting on the Middle East Peace Process.

    Let me start by underlining that the ceasefire between Israel and Iran offers a much-needed moment of hope for the region.

    This hope must extend to Gaza. We need a ceasefire now. 

    This remains the most credible path to end the terrible suffering of hostages and their families, to end Hamas’ control of Gaza and to allow Palestinians to rebuild.

    We also need a ceasefire because the suffering in Gaza is appalling and cannot continue.

    Israel’s aid delivery measures are inhumane. 

    The Gaza Humanitarian Foundation’s operations which are supposed to be saving lives, are themselves leading to mass casualties. 

    Starving people who are desperate to feed their families are told food awaits them. 

    But over 500 have reportedly been killed trying to access it.

    And meanwhile, UNICEF reports that more than 5000 children between the age of six months and five years old were admitted for acute malnutrition in May alone. 

    It is truly appalling.

    We are also deeply concerned by reports that Hamas has targeted Gaza Humanitarian Foundation staff and by reports of widespread looting by criminal gangs, which are undermining security around aid distribution.

    This is unacceptable.

    The more desperate people become, the more disorder becomes inevitable. The UN can deliver aid at scale without endangering civilians.

    Israel must let the UN save lives, open all access routes and allow fuel into Gaza.

    In addition, humanitarian workers need to operate in safety. 

    Just last week, another ICRC staff member was killed, a tragic reminder of the risks they face.

    We have repeatedly called for credible Israeli investigations into Israel’s killing of aid workers, including World Central Kitchen, the Palestinian Red Crescent, and the UNOPS strike. 

    Israel must provide accountability for these terrible actions and ensure they are not repeated, in line with its obligations under international law.

    Finally, amidst the bloodshed in Gaza, the situation in the West Bank is also deteriorating. 

    Israel’s withholding of tax revenues appears a deliberate effort to leave the Palestinian Authority crippled and unable to pay salaries.

    Military operations have displaced over 40,000 people. 

    Just last week, an attack by violent settlers on Kafr Malik led to the killing of three Palestinians. 

    We condemn settlement expansion and settler violence and we demand that the Israeli government puts an immediate end to these unlawful acts.

    We cannot stand by while the foundations of a two-state solution are systematically dismantled.

    Madam President, it is time to bring the war in Gaza to an end, and to get the hostages home. 

    And more than that, we must renew our collective efforts toward a just and lasting two-state solution, in which Israelis and Palestinians can both live side by side in peace and security.

    It is beyond time to come together behind a sustainable end to this conflict, which has blighted so many generations on both sides.

    Updates to this page

    Published 30 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: New cooperation in logistics: GUU and TransContainer signed an agreement

    Translation. Region: Russian Federal

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

    On June 30, the State University of Management and the leading Russian container operator TransContainer signed a cooperation agreement.

    Representatives of the company, represented by HR Director Oleg Novikov and Deputy HR Director Ekaterina Balykina, who are graduates of the educational programs of the State University of Management, arrived at the university to meet with the management.

    Rector Vladimir Stroyev, vice-rectors Dmitry Bryukhanov and Maria Karelina, as well as associate professor of the Department of Transport Complex Management Artem Merenkov spoke about the history of the university, discussed the future of the industry and priority formats of interaction.

    “Historically, one of the first logistics departments was established at our university, back in the days of Sergo Ordzhonikidze. Of course, the name was different, but that doesn’t change the essence. Of course, there were also railway universities back then, but they were only looking at one area, while we trained transport hub managers in a more global sense and in different areas. Today is the time for quick actions and decisions, so it is especially important that we signed the agreement in the shortest possible time. Now it’s time for specific working steps,” Vladimir Stroyev noted.

    Dmitry Bryukhanov spoke about project-based learning, which is carried out at the State University of Management from the first year, and also drew attention to the possibility of interaction within the framework of the work of the State University of Management Higher School of Business and Technology.

    Oleg Novikov also confirmed his readiness to implement joint projects.

    “We are extremely interested in cooperation. Today is the time when personnel must be forged before they are intercepted. Literally 5-7 years ago we were monopolists, but now there are many competitors, albeit on a smaller scale, but they exist. First of all, we are interested in attracting students for internships in order to assess their abilities and readiness for employment. We are also interested in project activities, since we have ideas that we would like to implement, and we are confident that students of the State University of Management will help with this,” concluded the representative of TransContainer.

    The parties also agreed on the possibility of conducting introductory tours for students at the company’s enterprises and practical classes from TransContainer experts.

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

    MIL OSI Russia News

  • MIL-OSI: BitGo and Dinari Launch Unified API for Crypto, Stablecoins, and Tokenized U.S. Equities

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 30, 2025 (GLOBE NEWSWIRE) — Dinari, the largest issuer of tokenized U.S. equities, and BitGo, the leading infrastructure provider of digital assets, today announced a strategic partnership that puts traditional stocks on the same rails as crypto and stablecoins. The two companies are launching a single integration that allows developers to offer tokenized equities, spot crypto, and stablecoins within one platform, all backed by insured, qualified custody.

    Later this year, BitGo clients will gain access to Dinari’s rapidly growing catalog of dSharesTM, ERC-20 tokens that are tokenized on demand and backed one-to-one by the equities they represent. With one API, platforms will be able to support high-demand stocks and ETFs like AAPL, TSLA, and SPY, alongside digital assets like BTC and USDC. The experience includes custody, settlement, and reporting all in one unified workflow, removing the need to juggle multiple vendors or compliance frameworks.

    “From day one we set out to make it easy for our partners to offer tokenized U.S. equities seamlessly and compliantly,” said Gabriel Otte, Dinari’s Co-Founder and CEO. “BitGo took the same approach to crypto assets. By joining forces, we’re giving the world a plug-and-play solution for offering the world’s most in-demand asset classes.”

    “In today’s environment, companies can’t afford to spend six months assembling together a neo-brokerage; they need a seamless, reliable gateway,” said Mike Belshe, CEO of BitGo. “Integrating Dinari into BitGo’s infrastructure enables any platform to offer thousands of U.S. equities and digital assets without re-engineering their stack or taking on additional custody risk.”

    Key Benefits for Platforms and Fintechs:

    • Single API and onboarding flow that replaces the need for multiple custody, settlement, and compliance vendors.
    • Institutional-grade stack pairing BitGo’s qualified custody with Dinari’s compliance-first infrastructure.
    • Global product coverage that lets users trade stocks and digital assets side by side, with access to 60+ markets and high-demand tickers like AAPL, TSLA, SPY, BTC, and USDC.

    The integrated service enters private beta in Q3 2025, with general availability targeted for year-end. The companies are in active discussions with multiple partners eager to utilize a unified offering. Early-access partners can apply today on BitGo’s website.

    About BitGo
    BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry’s top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit www.bitgo.com.

    About Dinari
    Dinari Inc. is the largest tokenized U.S. public securities provider, with a mission to enable investing in anything from anywhere through its compliance-first, blockchain-based tokenization technology. With Dinari Inc., neobanks, fintechs, and other financial services providers can offer their customers seamless access to U.S. public markets through Dinari’s fully-backed dShares™. By tokenizing real-world equities at scale, Dinari Inc. provides global investors with seamless access to over 100 tokenized U.S. public stocks and financial assets. Turnkey integration and a focus on working with partners to navigate regulatory challenges make it easy for Neobanks, fintechs, and other institutions to remain at the forefront of financial technology. Dinari Inc. has raised $22.65 million to date from leading investors including VanEck Ventures, Hack VC, F-Prime Capital, Blockchange Ventures, and Balaji Srinivasan. Dinari Inc. is a Registered Transfer Agent with the United States Securities & Exchange Commission (Section 17A(c)). Dinari dSharesTM are not currently available in the United States and certain jurisdictions as limited by law.

    Media Contacts
    Kayla Gill & Leslie Termuhlen
    Kayla@serotonin.co | leslie@serotonin.co

    BitGo
    press@bitgo.com

    The MIL Network

  • MIL-OSI: BitGo and Dinari Launch Unified API for Crypto, Stablecoins, and Tokenized U.S. Equities

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 30, 2025 (GLOBE NEWSWIRE) — Dinari, the largest issuer of tokenized U.S. equities, and BitGo, the leading infrastructure provider of digital assets, today announced a strategic partnership that puts traditional stocks on the same rails as crypto and stablecoins. The two companies are launching a single integration that allows developers to offer tokenized equities, spot crypto, and stablecoins within one platform, all backed by insured, qualified custody.

    Later this year, BitGo clients will gain access to Dinari’s rapidly growing catalog of dSharesTM, ERC-20 tokens that are tokenized on demand and backed one-to-one by the equities they represent. With one API, platforms will be able to support high-demand stocks and ETFs like AAPL, TSLA, and SPY, alongside digital assets like BTC and USDC. The experience includes custody, settlement, and reporting all in one unified workflow, removing the need to juggle multiple vendors or compliance frameworks.

    “From day one we set out to make it easy for our partners to offer tokenized U.S. equities seamlessly and compliantly,” said Gabriel Otte, Dinari’s Co-Founder and CEO. “BitGo took the same approach to crypto assets. By joining forces, we’re giving the world a plug-and-play solution for offering the world’s most in-demand asset classes.”

    “In today’s environment, companies can’t afford to spend six months assembling together a neo-brokerage; they need a seamless, reliable gateway,” said Mike Belshe, CEO of BitGo. “Integrating Dinari into BitGo’s infrastructure enables any platform to offer thousands of U.S. equities and digital assets without re-engineering their stack or taking on additional custody risk.”

    Key Benefits for Platforms and Fintechs:

    • Single API and onboarding flow that replaces the need for multiple custody, settlement, and compliance vendors.
    • Institutional-grade stack pairing BitGo’s qualified custody with Dinari’s compliance-first infrastructure.
    • Global product coverage that lets users trade stocks and digital assets side by side, with access to 60+ markets and high-demand tickers like AAPL, TSLA, SPY, BTC, and USDC.

    The integrated service enters private beta in Q3 2025, with general availability targeted for year-end. The companies are in active discussions with multiple partners eager to utilize a unified offering. Early-access partners can apply today on BitGo’s website.

    About BitGo
    BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry’s top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit www.bitgo.com.

    About Dinari
    Dinari Inc. is the largest tokenized U.S. public securities provider, with a mission to enable investing in anything from anywhere through its compliance-first, blockchain-based tokenization technology. With Dinari Inc., neobanks, fintechs, and other financial services providers can offer their customers seamless access to U.S. public markets through Dinari’s fully-backed dShares™. By tokenizing real-world equities at scale, Dinari Inc. provides global investors with seamless access to over 100 tokenized U.S. public stocks and financial assets. Turnkey integration and a focus on working with partners to navigate regulatory challenges make it easy for Neobanks, fintechs, and other institutions to remain at the forefront of financial technology. Dinari Inc. has raised $22.65 million to date from leading investors including VanEck Ventures, Hack VC, F-Prime Capital, Blockchange Ventures, and Balaji Srinivasan. Dinari Inc. is a Registered Transfer Agent with the United States Securities & Exchange Commission (Section 17A(c)). Dinari dSharesTM are not currently available in the United States and certain jurisdictions as limited by law.

    Media Contacts
    Kayla Gill & Leslie Termuhlen
    Kayla@serotonin.co | leslie@serotonin.co

    BitGo
    press@bitgo.com

    The MIL Network

  • MIL-OSI Africa: Stanbic Bank, National Basketball Association (NBA) Africa and Luol Deng Foundation Tip Off Second Season of Jr. NBA League in South Sudan

    NBA Africa (www.NBA.com), Stanbic Bank and the Luol Deng Foundation tipped off the second season of the Stanbic Jr. NBA League for boys and girls ages 16 and under at Nimra Talata Basketball Stadium in Juba, South Sudan last Saturday. 

    The league, featuring 28 boys and girls’ teams, will play regular season games through September, which will be followed by the second edition of playoffs and finals in October.

    Prior to the season’s tip-off, a league draw was held at St. Mark’s Orthodox School on Thursday, where participating school teams selected jerseys of NBA teams which they will represent throughout the season. This was followed by a basketball clinic for 40 coaches and educators on Friday. 

    The inaugural season’s finals took place at Nimra Talata Basketball Stadium in Juba last August with two-time NBA All-Star Luol Deng and 1995 NBA All-Star Cedric Ceballos in attendance. Juba One 76ers were crowned the inaugural season’s champions.

    The Jr. NBA/Jr. WNBA is the league’s global youth basketball program for boys and girls that teaches the fundamental skills and core values of the game – teamwork, respect, determination and community – at the grassroots level in an effort to help grow and improve the youth basketball experience for players, coaches and parents. The Jr. NBA/Jr. WNBA program has been launched in 19 African countries, reaching more than 350,000 youth from across the continent last year.

    Distributed by APO Group on behalf of National Basketball Association (NBA).

    MIL OSI Africa

  • MIL-OSI Africa: Mukuru and Payfast Deliver on the Promise of Online Shopping for Cash-Paying South Africans

    South Africa’s predominantly cash-based economy is making significant inroads into the e-commerce sector, thanks to the growing success of the partnership between financial services platform Mukuru (www.Mukuru.com) and payment gateway Payfast by Network. For over a year, the two businesses have been enabling access to online shopping for cash-paying South Africans. Through MukuruPay (MPay), cash-first customers can now participate in digital commerce, unlocking new market segments for thousands of local retailers. 

    The partnership’s success stems from its ability to address a long-standing gap in the e-commerce market—the exclusion of millions of South Africans who prefer or rely on cash. A recent Payfast (https://apo-opa.co/4eMSDXX) “State of Pay” report shows that cash is the fourth preferred payment methods for customers and competes with widely used options such as card, open banking/ instant EFT and QR code. Likewise, an SBV Cash Survey 2024 (https://apo-opa.co/40shqdC) white paper outlines that 22% (over 13 million) of South Africans are cash-reliant and are not willing or cannot switch to other forms of payment. The study reveals that this group is vulnerable in the shift to digital services, despite holding immense economic potential.  

    Mukuru’s partnership with Payfast is helping to bridge the gap between cash and digital commerce by making e-commerce more accessible to cash-first consumers in South Africa. Throughout 2024, the company has seen a growing number of businesses adopt its payment option via Payfast, reflecting increased demand across sectors such as internet services, digital goods, fashion, groceries, bill payments, and education.  

    Timothee Dura, Head of Merchant Payments at Mukuru, says, “South Africa’s e-commerce cannot accept only cards and digital payment methods like EFTs or wallets. It needs to work for everyone. We are bridging the digital divide by meeting cash-first consumers where they are—offering them convenience and access to goods and services that were previously out of reach with a payment method that is familiar to them. This is how we build a more inclusive financial ecosystem in South Africa.” 

    For merchants, MPay offers a way to reach customers who have traditionally been excluded from online shopping due to their reliance on cash. The payment method builds on Mukuru’s long-standing experience with cash-first communities and is available through the Payfast by Network dashboard for registered merchants. Once MPay is enabled, a customer shopping on the merchant’s online store selects Mukuru as the payment option at checkout. The system generates a unique order number, valid for 36 hours. The customer can then pay in cash at any of Mukuru’s 11,000+ payment points across South Africa—including major retailers like Spar, Pick n’ Pay, Boxer, and Shoprite.  

    As soon as the customer pays, Mukuru alerts the merchant—enabling swift order fulfilment. MPay also helps merchants reduce operational costs by cutting down on cash handling, removing the need for cash-on-delivery, and minimising the risk of fraud.  

     For consumers, MPay presents an alternative to cash on delivery, particularly relevant in informal or rural areas, where logistical challenges and safety concerns are more frequent. It enables participation in digital commerce while retaining the familiarity of cash payments, facilitated through Mukuru’s established physical network. 

    “The increasing adoption of MPay on Payfast by merchants reflects our conviction that cash-first customers are critical to South Africa’s e-commerce economy. We remain committed to bridging the gap between cash and digital payments, creating safer, regulated, and accessible pathways for unbanked and underserved communities to participate in the formal economy”, concludes Dura. 

    Distributed by APO Group on behalf of Mukuru.

    MEDIA ENQUIRIES: 
    Kgomotso Hlakudi: 
    Email: kgomotso.hlakudi@mukuru.com
    (+27) 73 333 1672 

    About Mukuru:  
    Mukuru is a leading next generation financial services platform in Southern Africa that offers affordable and reliable financial services to a customer base of over 17 million+ across Africa, Asia and Europe. With over 100 million transactions to date, our core was built providing international money transfers and from this base, we’ve developed a set of services to address the broader financial needs of our customers. We now operate in over 70 countries and across over 570 remittance corridors. 

    We are a business that puts the customer at the centre of everything we do, and for that reason, we serve clients across physical and digital channels, by various payment methods (cash, card, wallet) as well as a range of engagement platforms including WhatsApp, USSD, contact centre, App, website, agents and a branch and booth network. 

    Mukuru has been listed among the top 100 Cross Border Payments businesses globally for the sixth consecutive year in the 2025 FXC Intelligence Top 100 Cross-Border Payment Companies. In 2024, Mukuru won the IAMTN Payments Network Customers Experience Excellence Award for exceptional customer satisfaction and was accredited as a Top Employer in South Africa for 2024 and 2025 by the Top Employers Institute.  

    In 2023, Mukuru ranked sixth on the LinkedIn Top Companies List in South Africa. We aso received the Fintech Innovation of the Year Award at the 2023 Africa Tech Festival Awards for its role in driving economic growth and financial inclusion.  

    Further information can be found at: https://apo-opa.co/44x1h87

    MIL OSI Africa

  • MIL-OSI Russia: Technologies of the Future: Demo Day of the Accelerator “City Energy. Wednesday 2.0” was held at the State University of Management

    Translation. Region: Russian Federal

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

    The State University of Management hosted the Demo Day of the Acceleration Interuniversity Program “City Energy. Environment 2.0”, which was held at the State University of Management from February to June 2025.

    Over 1,000 students from the State University of Management and other Russian universities took part in the accelerator; 212 startup projects were prepared; over 30 experts from such fields as medicine, education, IT, construction, agro-industrial complex, ecology and others were involved in providing expert advice to the teams.

    The acceleration program included an educational block, expert webinars, team consultations with trackers, equator, expert consultations and project defense. The industrial partner was Technopark, a part of the Rusnano Group.

    The trackers of the acceleration program were teachers of the project management department, who have extensive experience in tracking and mentoring student teams. The tracking process was carried out using the BusinessChain platform from the partner of the State University of Management, IPI Lab.

    On the final day of the program, student teams presented projects such as:

    “City breathing” (the product is a bull for collecting cigarette butts for subsequent processing).
    “The Light of the Future 2.0” (adaptive lighting system with AI and motion sensors to save electricity and increase people’s performance).
    “Smart Bird Monitoring System” (software, which will allow to collect, analyze and recommend taking measures based on data from video surveillance and humidity and sensors, lighting, temperature and ammonia concentration. The product is focused on poultry farms).
    “Dron Cleaning” (autonomous drone for cleaning water bodies. The product is focused on hotel owners, fishing facilities, NPOs, distributors).
    “Universkino” (the organization of a cinema on the territory of the GUU in the open air with the involvement of students, applicants and partners of the GUU).
    “QR code, as a way of quick connection with the owner of a lost thing” (a service for creating personalized icons / stickers / stickers intended for labeling personal things and increasing the likelihood of returning a lost thing to the owner).
    The game on ecology “Eco -geria” (board game on ecology for children is 7-12 years old, which will allow the environmental education of the younger generation).
    Wedding machine of useful drinks “Ne Ice” (an automatic machine for the preparation of fruit frhes with ice).
    The mobile application “Interactive map of Russia” is an interactive map that allows you to open tourist places in Russia, as well as upload a description and photos of new places. Extended functionality will allow users to get acquainted and unite for planning joint trips).
    Guli-Guli WMS system (simple warehouse management system for B2B and B2C customers)
    “Smart device for the refrigerator” (allows you to keep records of products and shelf life, make a menu and inform the owner about the need to buy the necessary products).

    The works were evaluated by the following jury members:

    Head of the Acceleration Program “City Energy. Environment 2.0”, Deputy Head of the Project Management Department of the State University of Management, certified project manager IPMA® Level B Ekaterina Khalimon; Deputy General Director of TEN Group LLC – TechnoSpark technology park in Troitsk Igor Volkov; Head of the Committee of the Scientific and Technical Council of the Moscow Confederation of Industrialists and Entrepreneurs Yuri Bocharov; Head of the Logistics Department of the transport company KIT Alexander Alexandrov; Chairman of the Youth Association for Project Management Young Crew SOVNET Mikhail Zorin; Associate Professor of the Project Management Department of the State University of Management, experienced mentor and tracker of student startups Tatyana Chernova; Associate Professor of the Project Management Department of the State University of Management, experienced mentor and tracker of student startups Tatyana Mezina.

    The experts noted the deep development of the projects: the teams presented manufactured technological prototypes, mock-ups, 3D models, certificates from companies with intentions to further implement the technological product in the company’s activities. In addition, the jury members offered their assistance in the further implementation of startup projects, in finding potential investors and partners.

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

    MIL OSI Russia News

  • MIL-OSI USA: Union solidarity runs solid in Asher family

    Source: US International Brotherhood of Boilermakers

    I know for a fact, after being in a union, I would never want to leave the union or go to another job.

     Chasity Asher, L-106

    Joe Asher from Local 106 (Cincinnati, Ohio) is sandwiched between two generations of family with union pride, his United Mine Workers Association father and his daughter, Chasity Asher, the newest union member in the family. For Asher and his daughter, being stanchly union is all in the family.

    Joe Asher’s father worked union during his son’s formative years, and it made a lifelong impact. Joe Asher has been working union his whole life and has spent the last 26 years in the fabrication shop at Enerfab and at Brighton Tru-Edge represented by the Boilermakers.  He has been offered a promotion into management more than once, but he’s turned the offer down every time because he “wanted to work union.” 

    So, when his daughter, who was in nursing school during the COVID pandemic, decided nursing wasn’t the route she wanted to go, and after subsequent jobs at FedEx and as a tow truck driver didn’t quite meet expectations, he suggested applying at his workplace. Brighton Tru-Edge fabricates cold head end caps for pressure vessels.

    “My dad never wanted me to work in a man’s shop. In a man’s line of work,” Chasity Asher said. “I think he realized that after I couldn’t find a decent job with insurance and benefits and pay, he finally came around and suggested I come and work where he’s at and see how it goes.” 

    It’s going well. Really well. It’s going so well that other young women have applied and gotten jobs at Brighten Tru-Edge. And they’re excelling, according to Joe Asher. 

    “When I first got hired, I was a material handler,” Chastity Asher said. “Driving the forklift, making sure people had materials they needed.” 

    But after a month, a position in X-ray came up and she put her name in for it and landed a position in NDT radiographic testing.

    Joe Asher, the lead over the entire weld department and NDT at Brighton Tru-Edge, has three women on his team working in cutting, welding and non-destructive testing. Two other women work in the shop forming, but he doesn’t oversee them. He’s impressed with the work ethic and skillsets of the women. 

    “We now have women in place everywhere, so we could make a head 100% by women,” he said. “I think more women getting into Brighton Tru-Edge has brought it to the forefront. There’s no difference between men and women working here. It takes a different breed of man, just as it takes a different breed of woman to do this.” 

    Brighton Tru-Edge recently honored the women working for them during Women in Construction Week. For Chasity Asher, she’s excited to go to work for the company every morning she rolls out of bed. 

    “I used to want to call off work a lot,” she said. “There was no motivation in past jobs. Now, I wake up every day and enjoy what I do. The company I work for goes above and beyond to make sure we’re taken care of.” 

    She also enjoys working in non-destructive testing. She first assesses all the heads that need to be tested for the day, making sure no marks will come up on an X-ray. Then she loads the heads into a machine and uses kilovoltage and milliamperage radiation to take the image of the head and ensure there are no weld defects. 

    “I have to be that person who says we’re putting out the door what we say we are,” she said. She takes that job seriously, and like her dad, she is resolutely union.  

    “I know for a fact, after being in a union, I would never want to leave the union or go to another job,” she said. “I hope I can retire from here in 45 years. I feel women being in a man’s field have broken the generational curse that women can’t do a man’s job. Women deserve the job just as much as a man.”

    International Vice President of the Great Lakes Dan Sulivan completely agrees. “Throughout my career as a Boilermaker, it’s become clear to me that women are more than capable of succeeding in this male-dominated industry—and those who choose this path often stand out and shine.”

    MIL OSI USA News

  • MIL-OSI USA: L-242 project steps Boilermakers into a new future: Batteries

    Source: US International Brotherhood of Boilermakers

    Boilermaker work has evolved over more than a century from the union’s roots in steam-powered locomotives to shipbuilding, refineries, nuclear power plants, the latest pollution mitigation technologies and more. And while Boilermakers themselves have also evolved with industry changes, they’ve remained constant as the dependable, go-to welders, riggers and fabricators that steep the union’s history.

    That’s what makes a recent Local 242 (Spokane, Washington) project both “new” news and old news at the Sila Nanotechnologies battery materials plant. The job is a move into a new industry for the Boilermakers; but for those on the job, it’s familiar work.

    “I don’t think the scope of work—what a Boilermaker does—is really any different. It’s just the type of equipment and the process of that equipment that’s unique,” says International Rep Luke Lafley. “We’re still welding, we’re still rigging, we’re still doing layout, we’re still refabricating things that came in incorrectly.

    “It’s normal Boilermaker work. It’s just the technology behind the equipment and the jurisdictional issues that come with it.”

    As new industry territory, when Sila, a next-generation battery materials company, announced in 2023 that it was building out its first, auto-scale manufacturing plant in Moses Lake, Washington—and that they intended to use a local workforce—the opportunity for Boilermakers to build it could have been missed.  Fortunately, L-242 Business Manager/Secretary-Treasurer Scott Widdicombe attends local Central Washington Building Trades council meetings, where he learned about the opportunity and long-time contractor-partner Haskell’s plan to bid on the work.

    “It’s important to go to your building trades meetings,” says Widdicombe, who participates in several area building trades groups. “If I had missed one building trades meeting or two meetings, we might not have been involved in this and it would have been playing a lot of catch up.”

    In tandem with building trades involvement, he stresses the importance of the project labor agreements (PLAs) as integral to scoring the work with Haskell, working well with other craft affiliates and the project’s overall success.

    “Without PLAs, we’re not getting this work. It’s the simple fact of the matter,” he says.

    A PLA and early pre-job assignments made for a clear and smooth understanding of jurisdiction from the get-go, which all agree have eliminated inter-craft issues that can halt work, cause friction with contractors and employers and sour future work opportunities. At the Sila project, as Boilermakers work elbow-to-elbow with Ironworkers, Pipefitters and others, it’s been overall harmonious.

    “We got all the stakeholders involved, all the parties, all the different business managers from all the different locals within the building trades of Central Washington, and as the scope developed, we got it agree to and signed, so there’s no drama, or minimal drama, in the field,” says Haskell Site Manager Luke Parham.

    Parham describes the new Sila facility as essentially a chemical plant where Sila will make Titan Silicon (TM), an innovative material that enables a more efficient battery for the auto industry, consumer electronics and other future industries. That means the company is extremely cautious about its proprietary processes and plans—which includes first-of-its-kind equipment built by Boilermakers. It also means Silas’ engineers need to regularly tweak and refine original plans that they must hold tight to their chests right up until go-time. Haskell and the crafts all need to be ready to go and pivot as necessary, making the PLA and pre-job work even more critical—and challenging.

    “There’s nothing to fall back on,” says L-242 Boilermaker and Site Superintendent Jayme Taylor, referring to the craft assignments and processes. “This is all brand new.”

    The tone for fairness was set early in the pre-job phase. Job steward Mark Keffeler said that while Boilermakers claimed their work, they were also vocal about ensuring other crafts’ work was properly assigned.

    “We’d say, ‘no, that’s ours; that’s theirs,’ and some guys were pretty new to the jurisdictional assignment process,” he explains. “[Scott Widdicombe and I] talked about it ahead of time, that if we’re fair from the start, we should be fair for the duration, and that’s really worked.”

    In fact, Keffeler drives a shuttle van every day to and from the jobsite. His passengers: all Pipefitters.

    “You know, we’ve got a new product line so to speak, and if we’re going to move forward getting this done with unions, we’ve got to do it professionally and safely. And that’s what Haskell and Sila have allowed us to do,” he says. “We don’t have to fight about piddly stuff. We might have to make concession here or there, but it’s better than watching across the fence while the work is done nonunion. We’re all getting along good in the sandbox.”

    Boilermakers were assigned to the process vessels, air pollution mitigation equipment, reactors, flare stack, components for an auxiliary generator and work on pressure transfer system for the product. Among highlights of their work at Sila, they set the thermal oxidizer and are building several substantial vessels including multiple massive tanks, some of which may be visible from the road. 

    “[The Boilermakers] have done an excellent job—high quality work on the tanks, the thermal oxidizer setting, and just constantly working through issues we’ve all experienced, whatever the case may be, to stay on schedule the best we can and pull things back in,” says Sila Construction Manager Shannon Denmark.

    Adds Haskell’s Parham: “The craftsmanship here is what I’m used to in the Pacific Northwest, and that’s people show up rough and ready, staunch and steady, ready to go. They take pride in what they do, with Jayme all the way down to his crew.”

    At its peak, the project employed 20 Boilermakers, which has meant a lot to local members who can commute back and forth for the job rather than leaving home for weeks and months. It’s also good for the local Moses Lake economy. Plus, it’s a significant foot in the door for future Boilermaker work in battery plants and other new industries.

    “This really is, basically, like a refining facility, but it’s refining new products, and hopefully it’s on the forefront,” Taylor says. “Moving forward, it’s more work for the Boilermakers and for all crafts really. It’s a new process, and hopefully it takes off.

    “It’s great for us as a whole—away from what we’re used to in the old fossil fuels. It’s stepping into the future.”

    EXTRA: Watch this video interview with L-242 Boilermaker Apprentice Nez Ogle.

    Apprentices learn at battery plant project

    The Sila battery materials plant project has proved to be a great setting for Local 242 apprentices make their mark on a growing new industry, sharpen their skills and learn from seasoned journeymen.

    For apprentice Nez Ogle, the experience has cemented his decision to become a career Boilermaker.

    “It’s been really eye opening for me,” he says. “I’m learning everything that I’ve been wanting to learn.

    Ogle went to welding school at Lewis-Clark State College and had an instructor who was a Boilermaker and talked about the union. So, when he finished school and wasn’t sure what to do next, he thought he’d give Local 242 a try.

    “This job is a lot of fun. A lot of journeymen that are here are really helpful, and any question I ask them, they’re super helpful when answering my questions—and they’re really nice to me. So, it’s been awesome. I love it, and I think I’ll do this for the rest of my life.”

    Journeyman Steven Pollard is among those working with apprentices like Ogle. He says the job has attracted quite a few apprentices, which makes the jobsite both interesting and challenging.

    “You have to keep them with someone who can guide them, but it’s been good,” he says. “We have some really good apprentices coming in right now.”

    Boilermaker Site Superintendent Jayme Taylor agrees.

    “That’s our future. Those are the guys that are going to have to take over for me when I decide to retire,” he adds. “So, train them young, train them right and make sure they know what they’re doing.”

    MIL OSI USA News

  • MIL-OSI: Nimanode Presale Skyrockets with over 38% Allocation Scooped, Is this the Next DeFi Mover for Altseason?

    Source: GlobeNewswire (MIL-OSI)

    LEEDS, United Kingdom, June 30, 2025 (GLOBE NEWSWIRE) — The highly anticipated Nimanode (NMA) Presale has so far surpassed expectations, rapidly filling its presale allocation with 38% already scooped so far which has fuelled intense investor FOMO.

    Nimanode is drawing serious attention from early adopters seeking exposure to the next phase of Web3 automation. As more participants secure their share of $NMA, the window for entry is almost closed by the hours as it narrows quickly.

    Analysts have predicted $NMA could deliver high returns with anticipation of a major breakout post-launch, early participants are moving quickly to secure $NMA tokens at presale pricing.

    $NMA Presale

    Presale Participation Surges as Investor Demands Intensifies

    Nimanode is capturing attention for good reason: it’s pioneering zero-code, on-chain AI agents that can automate complex blockchain tasks from deploying smart contracts and managing DeFi strategies to running real-time compliance checks and providing intelligent customer support.

    FOMO is already set in place as the Nimanode Presale momentum already indicates strong confidence from early investors citing a belief in the project.

    Demand for the NMA token has also surged as tokens are set to be listed at an upward 25% price from presale prices at top XRPL exchanges like Magnetic, so instant returns for early investors are expected.

    Pioneering the AI x Blockchain Wave on XRP Ledger

    The platform’s unique value lies in its accessibility. Anyone regardless of coding ability can create and monetize autonomous AI agents, all powered by the speed and cost-efficiency of the XRPL.

    Unlike static automation or off-chain bots, Nimanode agents operate on-chain, interact with smart contracts, and generate on-chain earnings; creating a new form of programmable, decentralized labor.

    Though independent from Ripple’s official roadmap, Nimanode leverages XRP Ledger’s speed, low fees, and increasing developer adoption to help reignite the bullish energy seen in previous cycles.

    To put it in perspective, XRP once saw an explosive 137,000% surge during the 2017–2018 bull market. Now, as the XRP ecosystem rebounds with the token retracing back to $2.20

    Nimanode’s emergence offers a timely opportunity to capture investor interest around intelligent automation, agent-powered DeFi, and tokenized real-world utilities built directly on XRPL.

    Reimagining the Future of Work Through AI Agents, A Core Value

    Nimanode isn’t just riding the wave of XRP’s momentum, it introduces a suite of pioneering features designed to fuel long-term growth and ecosystem resilience. It is working to be a part of the future of work.

    Zero-Code Agent Builder: Create and launch AI agents through an intuitive drag-and-drop interface
    Autonomous On-Chain Agents: Agents can interact with dApps, execute logic, and respond to events
    Decentralized Agent Marketplace: Allows the community to deploy and monetize AI Agents
    Cross-Chain & Off-Chain Integration: Enable automation across multiple networks and external APIs

    Don’t Miss Out Nimanode Presale

    With early interest accelerating and a powerful utility-driven token model, investor excitement around Nimanode is building fast. As more participants secure their share of $NMA, the window for entry is almost closed, by the hours it narrows quickly.

    Joining in the NimaNode Presale is quite straightforward

    Purchase XRP: Acquire XRP from reputable exchanges like Binance, Coinbase, or Bybit

    Send to an XRP-Compatible Wallet: Ensure you have a non-custodial wallet capable of receiving XRP native tokens Xaman recommended.

    Participate in the Presale: Visit the NimaNode presale page (https://nimanode.com/presale), send your XRP to the provided presale address, and secure your $NMA tokens.

    As Nimanode Presale gains momentum, now is a perfect opportunity to position at the next wave of Blockchain innovation poised for massive gains through the integration of Web3 and AI.

    Connect with Nimanode

    Website: https://nimanode.com

    Twitter/X: https://x.com/nimanodeai

    Telegram: https://t.me/nimanodeAI

    Documentation: https://docs.nimanode.com

    Contact:
    Nick Lambert
    contact@nimanode.com

    Disclaimer: This is a paid post and is provided by Nimanode. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. GlobeNewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c966a654-21fa-42fb-8f3c-c1bf50b9f66e

    The MIL Network

  • MIL-OSI: VNBTC Launches Flexible Cloud Mining Contracts As Dogecoin Cloud Mining Gains Mainstream Recognition

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 30, 2025 (GLOBE NEWSWIRE) — Dogecoin cloud mining has emerged from a niche hobby to a mainstream opportunity in 2025, and VNBTC cloud mining takes center stage in Dogecoin cloud mining. The platform has launched a range of flexible cloud mining contracts that allow users of all experience levels to mine DOGE effortlessly, without the technical hurdles.

    Newcomers can start with a free $79 DOGE bonus, while more seasoned miners can choose from a variety of paid plans, from $100 to $70,000. Whether you’re trying to explore cloud mining or are ready to be a regular miner, VNBTC’s cloud mining platform is the right place. The platform provides daily payouts, secure accounts, and full transparency.

    How Does VNBTC’s Dogecoin Cloud Mining Work?

    • Sign Up and Receive a Free $79 DOGE Welcome Bonus – New users instantly get $79 in DOGE mining credits, no deposit required. This enables one to dive into cloud mining without fear of losing.
    • Choose a Mining Plan – VNBTC’s contracts are perfect for both beginners and expert miners. One can begin mining with as little as $100 or decide to put in up to $70,000
    • The platform is AI-driven – Behind the scenes, AI continually optimizes hashpower across VNBTC’s globally distributed, green-powered data farms. That means an efficient earning.
    • Activate account and track your daily earnings – Once activated, one can begin to track earnings daily. The dashboard shows real-time stats like hash rate, contract duration, and daily payouts.
    • Withdraw or Reinvest – When your contract finishes (or sooner, depending on the plan), you can withdraw crypto directly to your wallet or reinvest in a new plan. The VNBTC platform has a seamless mining process, evident from the ability to allow withdrawals.

    Ready to begin Dogecoin cloud mining without any upfront costs? Well,

    1. Go to the VNBTC official site and sign up, and get your $79 bonus
    2. Select your plan
    3. Sit back and watch earnings grow

    VNBTC Real User Experiences

    Here’s what actual users are saying about their experience with VNBTC’s cloud mining platform:

    1. “Clean and simple, just the way I want a mining service… transparent earnings! No hidden fees or surprises.” – Albert McGrath (UK, Verified on Trustpilot)
    2. “I was skeptical about jumping into Bitcoin mining, but VNBTC made the whole process a solid one! … Would highly recommend for beginners.”– Rob Banks (CA, Verified on Trustpilot)

    Final Thoughts

    VNBTC was launched in 2019 and has a legal operation certification, boosting user confidence in the platform. The platform has various ways to generate multiple income, such as an affiliate programme offering up to 3.5 % commission on referrals.

    Ready to take the path to becoming a crypto millionaire? Well, VNBTC could be the perfect solution. Do not waste much time, join the big community today and begin magically turning $79 into thousands of profits.

    Contact Information:

    Media Contact:

    James Carter

    Marketing Specialist, VNBTC

    James.Carter@vnbtc.com

    Support Contact:

    support@vnbtc.com

    The MIL Network

  • MIL-OSI: insightsoftware Brings JustPerform to France, Supporting Finance Teams with AI Powered Financial Companion

    Source: GlobeNewswire (MIL-OSI)

    RALEIGH, N.C. and PARIS, June 30, 2025 (GLOBE NEWSWIRE) — insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, today announced that JustPerform is now available in France. This intelligent financial planning, forecasting, and close companion empowers French finance teams to work smarter, not harder. It seamlessly blends human expertise with AI capabilities that feel like having the most insightful colleague always at your side.

    French finance professionals know the frustration: endless hours wrestling with spreadsheets, chasing down data from multiple systems, and scrambling to meet closing deadlines while trying to deliver strategic insights that actually drive business value. JustPerform transforms this daily reality by working alongside teams as an intelligent companion that understands how finance teams think and work.

    Lineos, AI powered by insightsoftware, is woven throughout the JustPerform experience, giving teams a trusted partner that streamlines every process. Lineos delivers critical insights through predictive forecasting that anticipates what’s ahead and anomaly detection that catches what others miss. Lineos is intelligence built into the fabric of how modern finance teams work. It enables collaboration for you to close faster, report with confidence, and make decisions that matter.

    “Finance teams shouldn’t spend their expertise fighting technology – they should spend it solving business challenges,” said Elisabeth Rambert, Regional Vice President of France at insightsoftware. “JustPerform represents our commitment to giving French finance professionals the modern tools they deserve to focus on what matters most. Further, it reinforces our commitment to the French market, which we’ve been honored to serve for more than 20 years with other comprehensive solutions for the Office of the CFO.”

    The solution puts business users in control, enabling them to master any process in under five minutes. French organizations using JustPerform are seeing 40% faster budget preparation, 60% time savings in data transformation, and 2x return on investment delivered in half the typical timeframe.

    In the coming months, JustPerform will also be able to set up multiple customer instances, enabling CPA firms to take advantage of the solution’s capabilities. In addition to France, JustPerform is available in North America, the UK, Ireland, and APAC.

    Discover how JustPerform helps finance teams achieve 40% faster budget preparation, 2x quicker ROI, and 60% time savings in data transformation. Join the ‘How to transform your financial planning in 2025’ webinar on July 2, 2025 at 17:30. Register here.

    About insightsoftware
    insightsoftware is a global provider of comprehensive solutions for the Office of the CFO. We believe an actionable business strategy begins and ends with accessible financial data. With solutions across financial planning and analysis (FP&A), accounting, and operations, we transform how teams operate, empowering leaders to make timely and informed decisions. With data at the heart of everything we do, insightsoftware enables automated processes, delivers trusted insights, boosts predictability, and increases productivity. Learn more at insightsoftware.com.

    Media Contacts
    Inkhouse for insightsoftware
    insightsoftware@inkhouse.com

    insightsoftware PR Team
    pr@insightsoftware.com

    The MIL Network

  • MIL-OSI USA: $75M for NYS Dairy Manufacturing Facilities

    Source: US State of New York

    overnor Kathy Hochul today announced Lactalis USA will invest more than $75 million to upgrade both its Walton and Buffalo facilities, enabling them to expand capacity and gain efficiencies. The projects in Delaware and Erie counties include the purchase of new equipment and upgrades that will allow the dairy manufacturer to retain more than 800 full time jobs and create more than 50 new jobs. Lactalis USA is part of Lactalis, the world’s largest dairy company, and has chosen to expand in New York State thanks in part to support from the Governor and Empire State Development.

    “New York will continue to work with businesses in the agri-food sectors as they expand and grow to ensure good-paying jobs remain in our communities,” Governor Hochul said. “By investing in the Lactalis USA facilities and assisting with improvements, New York is retaining hundreds of jobs and adding new jobs, as well as helping to support the region’s dairy farmers.”

    The Walton plant, located at 261 Delaware Street, produces Breakstone’s Sour Cream and Cottage Cheese. It will undergo a $15 million modernization, focusing on automating and expanding the cottage cheese and sour cream production lines, enhancing efficiency, capacity, and sustainability. Currently, the facility has limited capacity, while market demand for nutritious high-protein foods is increasing. The facility also relies on technology that requires extensive maintenance, and the improvements will increase versatility for product innovation. The project will include new fillers, HEPA air filtration, advanced lab equipment, new roofing, boiler upgrades, and several other improvements to the facility. The upgrades will result in a 30% boost in output and create more than 20 new jobs.

    The Buffalo plant, located at 2375 South Park Avenue, produces Galbani Ricotta, Mozzarella and Provolone cheese, along with whey powder that is distributed across the U.S. and abroad. The $60 million expansion includes the installation of six 50,000-pound vats, an advanced cheese belt, separators, silos, and a robotic palletizer. Building remodeling will include relocating the cheese lab to maintain production, increasing mozzarella and provolone production by 37 million pounds annually. Ricotta production will also be expanded, and new energy efficient technology will be added. With the addition of this expansion project, Lactalis USA has committed to investing a total of approximately $123 million in its Buffalo facilities from 2020 through the end of 2027.

    In addition to creating jobs, both plants support the region’s agricultural economy by processing more than 800 million pounds of raw milk annually from 236 local dairy farmers.

    Lactalis USA CEO Esteve Torrens said, “Lactalis has two plants in New York State that are key to our growing business in the United States. Our Buffalo plant is home to a significant ricotta and mozzarella production under the Galbani brand. Our Walton plant continues a rich tradition since 1882 of producing Breakstone’s Sour Cream and is essential to strengthening our cottage cheese business in a rapidly growing category. We are committed to supporting the communities of Buffalo and Walton as we continue to grow in those markets and we thank Gov. Hochul and ESD for their support.”

    ESD is offering $750,000 in Excelsior Jobs Program tax credits for the Walton project (which is in an economically distressed community) and $550,000 in tax credits for the Buffalo project in exchange for Lactalis’ job retention and creation commitments. The projects are expected to be completed in 2027.

    Empire State Development President, CEO & Commissioner Hope Knight said, “The direct impact of Lactalis remaining and growing in Walton and Buffalo is hundreds of cheese manufacturing jobs but indirectly the plant also supports area dairy farmers by purchasing more than $180 million worth of milk each year, making the projects a win for both the manufacturing and agricultural sectors.”

    New York State Agriculture Commissioner Richard A. Ball said, “This investment in Lactalis’ existing facilities in Buffalo and Walton is a win-win, retaining hundreds of jobs and adding new jobs, as well as ensuring New York State remains a leader in the dairy industry for years to come. This expansion is great news for the dairy farmers that supply fresh, local milk for the Lactalis cheese manufacturing facilities, which have a long-standing tradition of producing some of New York’s highest quality dairy products. I look forward to seeing these plants continue to grow and bring more fresh, delicious dairy products to families across the state.”

    The largest sector of the agricultural industry, New York’s dairy industry is a critical component of the State’s economy. New York State is home to nearly 3,000 dairy farms with 630,000 cows, producing 16.1 billion pounds of milk. New York ranks fifth in the production of milk and is first in the nation in the production of yogurt and cottage cheese.

    State Senator April Baskin said, “This investment by Lactalis is more than just an upgrade to its facilities, it’s a commitment to the people, the farmers, and the traditions that define New York’s dairy industry. From Walton to Buffalo, this expansion is creating opportunities, preserving livelihoods, and ensuring that New York remains at the forefront of dairy innovation. It’s proof that when we invest in our communities and our industries, we’re building a stronger, more sustainable future for everyone.”

    State Senator Peter Oberacker said, “Generational family-owned farms in the 51st District set the gold standard for dairy excellence nationally and this investment is a powerful testament to that legacy. I’m proud to see Lactalis expand in our region and grateful for their commitment to our family farms, our local workforce, and the future of agriculture in upstate New York,”

    Assemblymember Patrick Burke said, “I’m proud to see continued investment in a facility that has long been part of our neighborhood’s industrial backbone. Lactalis’ expansion secures good-paying jobs, supports local farmers and boosts key sectors of our statewide economy. It’s a big win for South Buffalo, and a sign that our dairy economy remains strong, steady and well cultured.”

    Erie County Executive Mark C. Poloncarz said, “The Lactalis Buffalo facility is not only a large local employer but a vital partner for Erie County’s dairy community, with fresh local dairy products heading there to be processed and sent out to the worldwide community. This investment is great news for the Lactalis plant, its workers and all the ancillary workers in the local dairy field who will benefit from this expansion. I thank Governor Hochul for her work in bringing this investment to fruition and I look forward to the expansion of Lactalis in Erie County.”

    City of Buffalo Mayor Christopher Scanlon said, “Lactalis’ continued investment in Buffalo is a powerful vote of confidence in our city, our workforce, and our role in New York’s dairy industry. This $60 million expansion will not only create new jobs and modernize their South Park Avenue facility, but it will also strengthen the connection between our local economy and family-owned dairy farms across the region. I want to thank Governor Hochul and Lactalis USA for their commitment to Buffalo and for supporting good-paying, sustainable jobs right here in our community.”

    About the Dairy Industry in New York State

    New York State has roughly 3,000 dairy farms that produce over 16 billion pounds of milk annually, making New York the nation’s fifth-largest dairy state. The dairy industry is the state’s largest agricultural sector, contributing significantly to the state’s economy by generating nearly half of the state’s total agricultural receipts and providing some of the highest economic multipliers. New York’s unique and talented dairy producers and processors contribute significantly to the state’s agriculture industry, economy and the health of our communities.

    About Lactalis USA

    Lactalis USA is committed to enriching lives by producing nutritious and great tasting dairy products. The company offers an unrivaled house of beloved dairy brands in the United States including Galbani® Italian cheeses, Président® specialty cheeses and gourmet butters, Kraft® brands in natural and grated cheeses, Breakstones® cottage cheese, ricotta and sour cream, Cracker Barrel® cheese, Black Diamond® cheddar cheese, Parmalat® milk, siggi’s® and Stonyfield Organic® yogurt brands. In the United States the company has approximately 4,000 employees, is present in eight states with 11 manufacturing facilities and corporate offices located in New York City and Buffalo, N.Y., Chicago, Ill., Bedford, N.H., and San Fernando, Calif. Lactalis USA is part of Lactalis Group, the world’s leading dairy company, a French family business founded in 1933 in Laval, France.

    MIL OSI USA News

  • MIL-OSI: BAY Miner launches cloud mining platform to help crypto investors earn BTC and ETH passive income every day

    Source: GlobeNewswire (MIL-OSI)

    Seattle, Washington, June 30, 2025 (GLOBE NEWSWIRE) — 30, 2025-Amid the volatility of the global crypto market, BAY Miner announced the launch of a new cloud mining platform that supports BTC, ETH, SOL, XRP and DOGE users to achieve daily passive income. Without the need to purchase mining machines and complex operations and maintenance, users only need to open a contract online to view daily income in real time, making crypto investment simpler, helping coin holders seize the market’s rising dividends and obtain stable crypto asset income.

    As the prices of Bitcoin and Ethereum continue to rise, crypto assets have become an integral part of the portfolios of investors around the world. However, traditional mining requires a lot of upfront equipment costs, high electricity costs, and technical management, which sets up barriers for many interested users. BAY Miner aims to break these barriers, allowing more people to participate in crypto mining and easily obtain long-term returns.

    BAY Miner uses a cloud mining platform based on Web3 architecture, allowing users to obtain daily income online without purchasing mining machines. The platform supports multiple mainstream currencies such as BTC, ETH, SOL, XRP, and DOGE. Users only need to register and open a contract to view their daily income, flexibly manage funds, and achieve continuous growth of encrypted assets.

    Core advantages of BAY Miner cloud mining

    ·Flexible contract selection: users can choose different mining contracts according to the size of funds and expected returns.

    ·AI intelligent computing power allocation: automatically allocate computing power according to market conditions and on-chain network conditions to ensure stable returns.

    ·Real-time income dashboard: you can view income and market changes every day, and the flow of user funds is controllable.

    ·Security and compliance guarantee: use multi-signature wallets and hot and cold wallets to separate to ensure the safety of user assets.

    “Our mission is to empower every crypto holder to participate in mining and earn stable daily passive income without worrying about equipment or technical barriers,” said a BAY Miner spokesperson. “Whether you’re a BTC holder or an ETH and SOL investor, BAY Miner allows you to effortlessly generate crypto yields every day.”

    Real user cases and potential income table
    Recently, an XRP holder obtained a stable passive income of about 5% per month through BAY Miner cloud mining, without having to bear the cost of equipment purchase and electricity bills, and easily achieved steady growth of crypto assets.

    The following is an example of potential income based on recent market conditions (different currencies and different investment amounts correspond to different income):

    Mining Model Investment Total Returns
    BTC Mining (Antminer T21) $100 $100 + $8
    BTC Mining (Avalon Miner A1326-109T) $600 $600 + $43
    BTC Mining (S21 XP Immersion) $8,000 $8,000 + $3,100
    BTC Mining (ANTSPACE HW5) $50,000 $50,000 + $36,000

    The above profit examples are based on historical market conditions. Actual profits will fluctuate with market and on-chain network conditions. Users can view daily profits in real time on the BAY Miner dashboard.

    Click here for full contract details

    How to join BAY Miner
    Users can easily start their cloud mining journey by following the steps below:
    1. Visit www.bayminer.com to register for a free account;
    2. Select the currency you want to mine, such as BTC, ETH, SOL, XRP, DOGE, etc.;
    3. Choose a flexible contract based on your personal budget and complete the payment;
    4. You can view daily income in real time on the dashboard and manage funds flexibly;
    5. You can apply for withdrawal or reinvest at any time to enjoy continuous income growth
    BAY Miner will continue to enhance its global node deployment and AI computing power management, and plans to launch more flexible contracts, automatic compounding, and alliance incentive programs. This will enable more users to participate in mining with a low threshold and obtain stable long-term returns.

    Visit www.bayminer.com now to register and experience flexible cloud mining, seize the opportunity of the next round of cryptocurrency bull market, and accumulate your daily passive income at the same time.

    Contact Information
    Website: www.bayminer.com
    Email: info@bayminer.com
    App: Download Now

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks. There is a possibility of financial loss. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    Attachment

    The MIL Network

  • MIL-OSI: BAY Miner launches cloud mining platform to help crypto investors earn BTC and ETH passive income every day

    Source: GlobeNewswire (MIL-OSI)

    Seattle, Washington, June 30, 2025 (GLOBE NEWSWIRE) — 30, 2025-Amid the volatility of the global crypto market, BAY Miner announced the launch of a new cloud mining platform that supports BTC, ETH, SOL, XRP and DOGE users to achieve daily passive income. Without the need to purchase mining machines and complex operations and maintenance, users only need to open a contract online to view daily income in real time, making crypto investment simpler, helping coin holders seize the market’s rising dividends and obtain stable crypto asset income.

    As the prices of Bitcoin and Ethereum continue to rise, crypto assets have become an integral part of the portfolios of investors around the world. However, traditional mining requires a lot of upfront equipment costs, high electricity costs, and technical management, which sets up barriers for many interested users. BAY Miner aims to break these barriers, allowing more people to participate in crypto mining and easily obtain long-term returns.

    BAY Miner uses a cloud mining platform based on Web3 architecture, allowing users to obtain daily income online without purchasing mining machines. The platform supports multiple mainstream currencies such as BTC, ETH, SOL, XRP, and DOGE. Users only need to register and open a contract to view their daily income, flexibly manage funds, and achieve continuous growth of encrypted assets.

    Core advantages of BAY Miner cloud mining

    ·Flexible contract selection: users can choose different mining contracts according to the size of funds and expected returns.

    ·AI intelligent computing power allocation: automatically allocate computing power according to market conditions and on-chain network conditions to ensure stable returns.

    ·Real-time income dashboard: you can view income and market changes every day, and the flow of user funds is controllable.

    ·Security and compliance guarantee: use multi-signature wallets and hot and cold wallets to separate to ensure the safety of user assets.

    “Our mission is to empower every crypto holder to participate in mining and earn stable daily passive income without worrying about equipment or technical barriers,” said a BAY Miner spokesperson. “Whether you’re a BTC holder or an ETH and SOL investor, BAY Miner allows you to effortlessly generate crypto yields every day.”

    Real user cases and potential income table
    Recently, an XRP holder obtained a stable passive income of about 5% per month through BAY Miner cloud mining, without having to bear the cost of equipment purchase and electricity bills, and easily achieved steady growth of crypto assets.

    The following is an example of potential income based on recent market conditions (different currencies and different investment amounts correspond to different income):

    Mining Model Investment Total Returns
    BTC Mining (Antminer T21) $100 $100 + $8
    BTC Mining (Avalon Miner A1326-109T) $600 $600 + $43
    BTC Mining (S21 XP Immersion) $8,000 $8,000 + $3,100
    BTC Mining (ANTSPACE HW5) $50,000 $50,000 + $36,000

    The above profit examples are based on historical market conditions. Actual profits will fluctuate with market and on-chain network conditions. Users can view daily profits in real time on the BAY Miner dashboard.

    Click here for full contract details

    How to join BAY Miner
    Users can easily start their cloud mining journey by following the steps below:
    1. Visit www.bayminer.com to register for a free account;
    2. Select the currency you want to mine, such as BTC, ETH, SOL, XRP, DOGE, etc.;
    3. Choose a flexible contract based on your personal budget and complete the payment;
    4. You can view daily income in real time on the dashboard and manage funds flexibly;
    5. You can apply for withdrawal or reinvest at any time to enjoy continuous income growth
    BAY Miner will continue to enhance its global node deployment and AI computing power management, and plans to launch more flexible contracts, automatic compounding, and alliance incentive programs. This will enable more users to participate in mining with a low threshold and obtain stable long-term returns.

    Visit www.bayminer.com now to register and experience flexible cloud mining, seize the opportunity of the next round of cryptocurrency bull market, and accumulate your daily passive income at the same time.

    Contact Information
    Website: www.bayminer.com
    Email: info@bayminer.com
    App: Download Now

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks. There is a possibility of financial loss. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    Attachment

    The MIL Network

  • MIL-OSI: A combination of laziness and cloud mining profits, supporting the use of BTC, XRP, SOL, DOGE.

    Source: GlobeNewswire (MIL-OSI)

    Detroit, Michigan, June 30, 2025 (GLOBE NEWSWIRE) — WinnerMining, a leading smart cloud mining platform, is making waves in the cryptocurrency industry by offering a limited-time $15 login mining bonus to new users. The program aims to lower the barrier to entry for cryptocurrency enthusiasts and provide a seamless and cost-effective way for users to start earning Bitcoin through cloud mining. 

    What is cloud mining?
    Cloud mining is an effective method that makes cloud mining a remote cryptocurrency mining, including Bitcoin mining. With this method, you can achieve profitability from cloud mining in the following ways: borrow the computing power of cloud mining companies to avoid personal investment in hardware and maintenance; use powerful computers to access large mining farms, tirelessly crack cryptographic puzzles and obtain cryptocurrency rewards.

    WinnerMining: Where laziness meets profit
    WinnerMining takes cloud mining to the extreme in terms of simplicity, making it ideal for beginners. The platform’s user-friendly interface ensures that even cryptocurrency novices can easily get started. For WinnerMining, laziness is not a shortcoming, but a necessary path to success. As a pioneer in cloud mining services, WinnerMining has more than 100 mining farms and more than 100,000 mining equipment around the world, all of which use new energy and renewable cycle power generation. With stable returns and security, it has won the recognition of more than 13 million users.

    Safety and Sustainability
    In the world of mining, trust and safety are crucial. WinnerMining knows this and puts user safety first. WinnerMining is committed to transparent and legal operations to ensure that your investment is protected and you can focus on profitability. All mines use clean energy electricity to achieve carbon neutrality in cloud mining. Renewable energy can prevent environmental pollution and bring super high returns, allowing every investor to enjoy opportunities and benefits.

    WinnerMining platform advantages:
    1: Cutting-edge equipment: Using mining equipment provided by top mining machine manufacturers such as Bitmain, Antminer, and Giant Miner to ensure the stable operation and efficient production capacity of Bitcoin mining machines.
    2: Legitimacy and global audience: The platform was legally established in the UK in 2021, protected and issued by the British government, and has attracted more than 13 million real users around the world with cutting-edge technology.
    3: Intuitive interface: The platform’s user-friendly interface ensures that even crypto novices can easily navigate.
    4: Supports a variety of popular cryptocurrencies: such as DOGE, BTC, ETH, USDC, USDT, BCH, LTC, XRP, SOL, etc. for settlement.
    5: Stable income: The contracts launched by the platform generate income every 24 hours, and the principal is automatically returned after the contract expires.
    6: Professional team: The platform has an experienced IT team and 24/7 real-time customer service team support to ensure that users can solve problems in a timely manner.
    7: Security protection: Military-grade SSS protection is used to ensure that user privacy and property are not violated.

    How to join WinnerMining and earn income?
    1: Register now to get a $15 bonus (daily sign-in bonus $0.6).
    2: Select a project: After successfully registering, the next step is to choose a mining project that suits your goals and budget. WinnerMining offers a variety of projects to meet different needs. Whether you are a beginner or an experienced miner, you can find the best one for you.
    3: Start making profits: After selecting and activating a mining project, you can sit back and let the system do the work for you. WinnerMining’s advanced technology ensures that your mining project runs efficiently, thereby maximizing your potential income.
    The following are the contracts for the latest investment strategy:
    1 – Antminer S17e: Investment amount of $100, total profit of $100 + $8.
    2 – Shenma Miner M30S: Investment amount of $1000, total profit of $1000 + $130.
    3 – Antminer S19J Pro: Investment amount of $3000, total profit of $3000 + $675.
    4 – AvalonMiner A1346: Investment amount of $5000, total profit of $5000 + $1600.
    5 – Desiwe Miner K10Ultra: Investment amount of $30,000, total profit of $30,000 + $24300.
    6 – Rack-mounted Filecoin Miner 4300TiB S: Investment amount of $100,000, total profit of $100,000 + $92,500.
    (For more plans, please visit WinnerMining for viewing)

    Contract details analysis
    Example 1: Invest $3,000 to purchase the [Antminer S19j Pro] project worth $3,000, with a term of 15 days and a daily yield of 1.50% ($45).
    After 15 days, the user’s principal and income = $3,000 + $45 × 15 days = $3,000 + $675 = $3,675

    Example 2: Invest $10,000 to purchase the [Antminer S19J XP] project worth $10,000, with a term of 30 days and a daily yield of 1.75% ($175).
    After 30 days, the user’s principal and income = $10,000 + $175 × 30 days = $10,000 + $5,250 = $15,250
    The computing power value of the contract is different, and the investment amount and term are different, and the income is also different. For more contracts, please click here to log in to the official website.

    Conclusion
    If you are looking for ways to increase your passive income, cloud mining is a great option. If used correctly, these opportunities can help you grow your crypto wealth in “autopilot” mode with minimal time investment. At the very least, they should be less time-consuming than any type of active trading. Passive income is the goal of every investor and trader, and with WinnerMining, you can maximize your passive income potential more easily than ever before.

    Attachment

    The MIL Network

  • MIL-OSI: A combination of laziness and cloud mining profits, supporting the use of BTC, XRP, SOL, DOGE.

    Source: GlobeNewswire (MIL-OSI)

    Detroit, Michigan, June 30, 2025 (GLOBE NEWSWIRE) — WinnerMining, a leading smart cloud mining platform, is making waves in the cryptocurrency industry by offering a limited-time $15 login mining bonus to new users. The program aims to lower the barrier to entry for cryptocurrency enthusiasts and provide a seamless and cost-effective way for users to start earning Bitcoin through cloud mining. 

    What is cloud mining?
    Cloud mining is an effective method that makes cloud mining a remote cryptocurrency mining, including Bitcoin mining. With this method, you can achieve profitability from cloud mining in the following ways: borrow the computing power of cloud mining companies to avoid personal investment in hardware and maintenance; use powerful computers to access large mining farms, tirelessly crack cryptographic puzzles and obtain cryptocurrency rewards.

    WinnerMining: Where laziness meets profit
    WinnerMining takes cloud mining to the extreme in terms of simplicity, making it ideal for beginners. The platform’s user-friendly interface ensures that even cryptocurrency novices can easily get started. For WinnerMining, laziness is not a shortcoming, but a necessary path to success. As a pioneer in cloud mining services, WinnerMining has more than 100 mining farms and more than 100,000 mining equipment around the world, all of which use new energy and renewable cycle power generation. With stable returns and security, it has won the recognition of more than 13 million users.

    Safety and Sustainability
    In the world of mining, trust and safety are crucial. WinnerMining knows this and puts user safety first. WinnerMining is committed to transparent and legal operations to ensure that your investment is protected and you can focus on profitability. All mines use clean energy electricity to achieve carbon neutrality in cloud mining. Renewable energy can prevent environmental pollution and bring super high returns, allowing every investor to enjoy opportunities and benefits.

    WinnerMining platform advantages:
    1: Cutting-edge equipment: Using mining equipment provided by top mining machine manufacturers such as Bitmain, Antminer, and Giant Miner to ensure the stable operation and efficient production capacity of Bitcoin mining machines.
    2: Legitimacy and global audience: The platform was legally established in the UK in 2021, protected and issued by the British government, and has attracted more than 13 million real users around the world with cutting-edge technology.
    3: Intuitive interface: The platform’s user-friendly interface ensures that even crypto novices can easily navigate.
    4: Supports a variety of popular cryptocurrencies: such as DOGE, BTC, ETH, USDC, USDT, BCH, LTC, XRP, SOL, etc. for settlement.
    5: Stable income: The contracts launched by the platform generate income every 24 hours, and the principal is automatically returned after the contract expires.
    6: Professional team: The platform has an experienced IT team and 24/7 real-time customer service team support to ensure that users can solve problems in a timely manner.
    7: Security protection: Military-grade SSS protection is used to ensure that user privacy and property are not violated.

    How to join WinnerMining and earn income?
    1: Register now to get a $15 bonus (daily sign-in bonus $0.6).
    2: Select a project: After successfully registering, the next step is to choose a mining project that suits your goals and budget. WinnerMining offers a variety of projects to meet different needs. Whether you are a beginner or an experienced miner, you can find the best one for you.
    3: Start making profits: After selecting and activating a mining project, you can sit back and let the system do the work for you. WinnerMining’s advanced technology ensures that your mining project runs efficiently, thereby maximizing your potential income.
    The following are the contracts for the latest investment strategy:
    1 – Antminer S17e: Investment amount of $100, total profit of $100 + $8.
    2 – Shenma Miner M30S: Investment amount of $1000, total profit of $1000 + $130.
    3 – Antminer S19J Pro: Investment amount of $3000, total profit of $3000 + $675.
    4 – AvalonMiner A1346: Investment amount of $5000, total profit of $5000 + $1600.
    5 – Desiwe Miner K10Ultra: Investment amount of $30,000, total profit of $30,000 + $24300.
    6 – Rack-mounted Filecoin Miner 4300TiB S: Investment amount of $100,000, total profit of $100,000 + $92,500.
    (For more plans, please visit WinnerMining for viewing)

    Contract details analysis
    Example 1: Invest $3,000 to purchase the [Antminer S19j Pro] project worth $3,000, with a term of 15 days and a daily yield of 1.50% ($45).
    After 15 days, the user’s principal and income = $3,000 + $45 × 15 days = $3,000 + $675 = $3,675

    Example 2: Invest $10,000 to purchase the [Antminer S19J XP] project worth $10,000, with a term of 30 days and a daily yield of 1.75% ($175).
    After 30 days, the user’s principal and income = $10,000 + $175 × 30 days = $10,000 + $5,250 = $15,250
    The computing power value of the contract is different, and the investment amount and term are different, and the income is also different. For more contracts, please click here to log in to the official website.

    Conclusion
    If you are looking for ways to increase your passive income, cloud mining is a great option. If used correctly, these opportunities can help you grow your crypto wealth in “autopilot” mode with minimal time investment. At the very least, they should be less time-consuming than any type of active trading. Passive income is the goal of every investor and trader, and with WinnerMining, you can maximize your passive income potential more easily than ever before.

    Attachment

    The MIL Network

  • MIL-OSI: Byline Bank Included in U.S. News & World Report’s 2025-2026 Best Companies to Work For

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 30, 2025 (GLOBE NEWSWIRE) — Byline Bank is proud to announce its inclusion on U.S. News & World Report’s 2025-2026 list of the Best Companies to Work For. This list, released annually by the global authority in rankings and consumer advice, ranks companies by how well they support employees. This year, Byline Bank earned recognition in three categories: Best Companies in the U.S. overall, Best Companies in the Midwest, and Best in Finance and Insurance.

    “At Byline, we believe that when you take care of your people, you create a dynamic workplace environment where employees are engaged and committed to serving the needs of our customers and communities,” said Dana Rose, Chief Human Resources Officer at Byline Bank. “This recognition reflects our commitment to creating a workplace where every employee feels valued, supported and empowered to grow alongside the business. I am so proud of the culture we have built here and want to thank our incredible employees for making Byline such a great place to work.”

    The U.S. News rankings reflect the evolving criteria that workers consider when evaluating employers, including compensation and benefits, work-life balance and flexibility, job and company stability, physical and psychological comfort, a sense of belonging and esteem, and opportunities for career growth and development.

    “Workers understand the direct impact of a workplace on their quality of life,” said Carly Chase, Vice President of Careers at U.S. News & World Report. “The 2025-2026 list recognizes companies that received high scores on multiple metrics that make up a positive work environment and everyday employee experience.”

    To compile its annual list, U.S. News considered the 5,000 largest publicly traded companies as of January 2025, each with more than 75 Glassdoor reviews from 2021-2025. Employee sentiment data was analyzed alongside regulatory data from partners Revelio Labs, Good Jobs First’s Violation Tracker and QUODD to assess performance across six key metrics.

    This marks the second consecutive year Byline has been named one of the Best Companies to Work For in the Midwest, and the first year the bank has been recognized on both the National and Finance and Insurance industry lists.

    For more information on the Best Companies to Work For, visit the U.S. News FAQs and follow along on Facebook and X (formerly Twitter) using #BCTWF.

    About Byline Bank
    Headquartered in Chicago, Byline Bank, a subsidiary of Byline Bancorp, Inc. (NYSE:BY), is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors and consumers. Byline Bank operates over 40 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services, including small-ticket equipment leasing solutions, and is one of the top U.S. Small Business Administration (SBA) lenders according to the national SBA rankings by volume FY2024. Byline Bank is a member of FDIC and an Equal Housing Lender. Visit bylinebank.com for more information, and follow Byline Bank on Facebook, LinkedIn, X or Instagram for the latest news and updates.

    About U.S. News & World Report
    U.S. News & World Report is the global leader for journalism that empowers consumers, citizens, business leaders and policy officials to make confident decisions in all aspects of their lives and communities. A multifaceted media company, U.S. News provides unbiased rankings, independent reporting and analysis, and consumer advice to millions of people on USNews.com each month. A pillar in Washington for more than 90 years, U.S. News is the trusted home for in-depth and exclusive insights on education, health, politics, the economy, personal finance, travel, automobiles, real estate, careers and consumer products and services.

    Media Contact:
    Allison Roche
    Marketing Communications & Partnerships Manager
    Byline Bank
    aroche@bylinebank.com

    Investor Contact:                                                        
    Brooks Rennie                                                         
    Investor Relations Director                                         
    Byline Bank                                                         
    (312) 660-5805                                                        
    brennie@bylinebank.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2cc1c4c0-b441-4169-971d-a4e7f2b9794c

    The MIL Network

  • MIL-OSI: Byline Bank Included in U.S. News & World Report’s 2025-2026 Best Companies to Work For

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 30, 2025 (GLOBE NEWSWIRE) — Byline Bank is proud to announce its inclusion on U.S. News & World Report’s 2025-2026 list of the Best Companies to Work For. This list, released annually by the global authority in rankings and consumer advice, ranks companies by how well they support employees. This year, Byline Bank earned recognition in three categories: Best Companies in the U.S. overall, Best Companies in the Midwest, and Best in Finance and Insurance.

    “At Byline, we believe that when you take care of your people, you create a dynamic workplace environment where employees are engaged and committed to serving the needs of our customers and communities,” said Dana Rose, Chief Human Resources Officer at Byline Bank. “This recognition reflects our commitment to creating a workplace where every employee feels valued, supported and empowered to grow alongside the business. I am so proud of the culture we have built here and want to thank our incredible employees for making Byline such a great place to work.”

    The U.S. News rankings reflect the evolving criteria that workers consider when evaluating employers, including compensation and benefits, work-life balance and flexibility, job and company stability, physical and psychological comfort, a sense of belonging and esteem, and opportunities for career growth and development.

    “Workers understand the direct impact of a workplace on their quality of life,” said Carly Chase, Vice President of Careers at U.S. News & World Report. “The 2025-2026 list recognizes companies that received high scores on multiple metrics that make up a positive work environment and everyday employee experience.”

    To compile its annual list, U.S. News considered the 5,000 largest publicly traded companies as of January 2025, each with more than 75 Glassdoor reviews from 2021-2025. Employee sentiment data was analyzed alongside regulatory data from partners Revelio Labs, Good Jobs First’s Violation Tracker and QUODD to assess performance across six key metrics.

    This marks the second consecutive year Byline has been named one of the Best Companies to Work For in the Midwest, and the first year the bank has been recognized on both the National and Finance and Insurance industry lists.

    For more information on the Best Companies to Work For, visit the U.S. News FAQs and follow along on Facebook and X (formerly Twitter) using #BCTWF.

    About Byline Bank
    Headquartered in Chicago, Byline Bank, a subsidiary of Byline Bancorp, Inc. (NYSE:BY), is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors and consumers. Byline Bank operates over 40 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services, including small-ticket equipment leasing solutions, and is one of the top U.S. Small Business Administration (SBA) lenders according to the national SBA rankings by volume FY2024. Byline Bank is a member of FDIC and an Equal Housing Lender. Visit bylinebank.com for more information, and follow Byline Bank on Facebook, LinkedIn, X or Instagram for the latest news and updates.

    About U.S. News & World Report
    U.S. News & World Report is the global leader for journalism that empowers consumers, citizens, business leaders and policy officials to make confident decisions in all aspects of their lives and communities. A multifaceted media company, U.S. News provides unbiased rankings, independent reporting and analysis, and consumer advice to millions of people on USNews.com each month. A pillar in Washington for more than 90 years, U.S. News is the trusted home for in-depth and exclusive insights on education, health, politics, the economy, personal finance, travel, automobiles, real estate, careers and consumer products and services.

    Media Contact:
    Allison Roche
    Marketing Communications & Partnerships Manager
    Byline Bank
    aroche@bylinebank.com

    Investor Contact:                                                        
    Brooks Rennie                                                         
    Investor Relations Director                                         
    Byline Bank                                                         
    (312) 660-5805                                                        
    brennie@bylinebank.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2cc1c4c0-b441-4169-971d-a4e7f2b9794c

    The MIL Network

  • MIL-OSI: Alectra supports new emergency shelter for Barrie youth with $25,000 donation to Youth Haven

    Source: GlobeNewswire (MIL-OSI)

    MISSISSAUGA, Ontario, June 30, 2025 (GLOBE NEWSWIRE) — Alectra Inc. is contributing $25,000 to support Youth Haven’s capital campaign to build a new emergency shelter for vulnerable youth in downtown Barrie.

    “We are deeply grateful to Alectra for their generous support of Youth Haven. Their contribution plays a vital role in providing safety, shelter, and hope to vulnerable youth in our community,” said Lucy Gowers, Executive Director, Youth Haven. “More than an act of generosity, it represents a meaningful investment in building brighter futures. Thank you for believing in our mission and for helping create lasting, positive change in the lives of the youth we serve. Thank you for choosing to be the difference!”

    The campaign, led by Youth Haven and supported by the Simcoe County Home Builders’ Association (SCHBA), aims to replace the current shelter, which is aging and no longer meets the needs of the community. The new facility will provide safe, supportive and accessible emergency housing for youth aged 16 to 24, who face homelessness or housing insecurity across Simcoe County.

    Construction began in November 2024 at the existing site, with SCHBA members and community partners contributing skilled labour, materials and donations to complete the rebuild within four weeks.

    “Alectra continues to show what it means to be a true community partner. Their generous support of Youth Haven’s new emergency shelter will have a lasting impact on the lives of young people in Barrie and across Simcoe County,” said Mayor Alex Nuttall, City of Barrie. “We’re grateful for their commitment to making a meaningful difference where it’s needed most.”

    Alectra’s contribution is part of its AlectraCARES community support program, which helps fund vital services, shelters, and programs that address social needs and promote youth well-being.

    “At Alectra, we believe in building stronger, more resilient communities, and that starts with supporting youth who are facing some of life’s toughest challenges,” said Brian Bentz, President and Chief Executive Officer, Alectra Inc. “Youth Haven provides a critical lifeline for young people in Simcoe County, and we’re proud to support the creation of a safe, welcoming space where they can access the care and stability they deserve.”

    Youth Haven offers emergency shelter, transitional housing, outreach services, and life-skills programs to youth across Simcoe County. The new shelter will enhance the organization’s ability to provide trauma-informed care, counselling and wraparound support services.

    To learn more or contribute to the campaign, visit: www.youthhaven.ca.

    About Alectra Inc. Family of Companies

    Serving more than one million homes and businesses in Ontario’s Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions.

    Media Contact:
    Ashley Trgachef, Media Spokesperson
    ashley.trgachef@alectrautilities.com | Telephone: 416.402.5469 | 24/7 Media Line: 1.833.MEDIA-LN

    An image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6886197e-f1c5-44ee-ac65-636040213465

    The MIL Network

  • MIL-OSI Africa: DRC and Rwanda sign a US-brokered peace deal: what are the chances of its success?

    Source: The Conversation – Africa – By Jonathan Beloff, Postdoctoral Research Associate, King’s College London

    The foreign ministers of Rwanda and the Democratic Republic of the Congo (DRC) signed a new peace agreement on 27 June 2025 under the auspices of the US.

    The agreement aims to foster long-term peace, and increased economic trade and security. The DRC is one of Africa’s largest nations, with over 110 million people. Rwanda has a population of 14 million.

    After three decades of war and tensions between the two neighbours since the aftermath of the 1994 Genocide against the Tutsi, the hope is that this agreement will establish the foundations for progress that benefits both nations.

    It was the Donald Trump administration’s moment to illustrate the effectiveness of its “transactional” foreign policy, focused on exchanges and short-term benefits for each actor.

    Most of the agreement’s details remained undisclosed until its signing. One aspect that’s surfaced was the claim that the DRC abandoned its demand for the removal of Rwandan soldiers from its territory. The Congolese government, research groups and the UN have accused Rwanda of supplying military aid, including soldiers, to the March 23 Movement (M23), which has been at war with the government in Kinshasa since 2021. The Rwandan government denies any active involvement but has some sympathies for the Congolese rebel group.

    Under the June 2025 agreement, each side provided concessions and demands that are perhaps easier said than done. Both countries also want to show the Trump administration their willingness to negotiate and make a deal. This is in the hopes of future deals with the US, which Trump has remained vague on.

    The DRC has immense mineral wealth, including gold, diamonds, tungsten, coltan, tin and lithium. These latter minerals are used in computer chips, batteries and other technologies.


    Read more: Rwandan-backed M23 rebel group seeks local power in DRC, not just control over mining operations


    The question is whether this latest agreement will lead to peace in the DRC. The likely answer is no, based on research on instability in the eastern DRC, Rwandan foreign policy and the security and political dynamics between Rwanda and the DRC for over 15 years.

    This is mainly because

    • key players involved in the crisis were left out of negotiations

    • no provisions are made for enforcement

    • the opportunities for US companies remain questionable given the lack of security in the mining regions.

    The roots of the crisis

    After the 1994 Genocide against the Tutsi, former genocide perpetrators used the DRC’s vast size as cover to plan attacks on Rwanda. They intended to return to Rwanda to finish the genocide. The consequences led to the First Congo War (1996-1997) and the Second Congo War (1998-2003).

    It was during the bloody second war that the DRC was carved up by multiple rebel groups aligned with various nations and political actors. The UN accuses Rwanda and Uganda of carrying out a massive illegal mineral trade. Both nations deny this.

    The consequences of the conflict are still felt over 20 years later. Despite multiple peace agreements, and disarmament, demobilisation and reintegration programmes, an estimated 120 rebel groups remain active in the Congo.

    One of them, the Democratic Forces for the Liberation of Rwanda (FDLR), aims to return Rwanda to ethnic division and the genocide. The Rwandan government fears the group’s genocide and hate ideology.

    Additionally, the FDLR and other extremist actors such as Wazalendo target the Banyarwanda. This ethnic group, residing primarily in eastern DRC, is historically related to Rwanda. It has been the target of attacks, which have forced tens of thousands of people to flee into Rwanda.


    Read more: The Banyamulenge: how a minority ethnic group in the DRC became the target of rebels – and its own government


    These attacks led to the resurrection of the M23. Despite its failures in 2013, the M23 scored major advances in late 2021 in response to attacks on the Banyarwanda. The rebel group led a successful military campaign that occupied large swathes of territory in eastern DRC.

    Their success is largely attributed to the Rwandan Defence Forces, despite Kigali denying this claim.

    Concessions from each nation

    The latest peace agreement addresses the security, political and economic interests of both nations.

    The specifics are still unavailable. However, several assumptions based on the framework and leaked reports can be made.

    The first is that both nations must respect each other’s territorial sovereignty and stop aiding rebel forces. This will include joint security coordination, and working with the existing UN peacekeeping mission. Additionally, Congolese refugees who fled eastern DRC – estimated to be over 80,000 – will be allowed to return. Finally, the two nations will establish mechanisms to foster greater economic integration.

    The DRC has also signalled its willingness to attract American investors. DRC’s vast mineral wealth remains largely underdeveloped. American investment could develop mining that’s safer and extracts larger amounts of minerals than current methods. Kinshasa has also agreed to combat corruption and simplify the tax system.

    While most of these incentives would be aimed at mineral extraction companies, they also include private security firms. The Congolese military’s inability to defeat the M23 highlights a problematic security environment that some in the DRC believe can be addressed through foreign intervention. However, these security guarantees are still relatively unknown and face complications that could affect the success of any agreement.

    The weaknesses

    There are a number of reasons this latest agreement is unlikely to lead to peace.

    First, the M23 did not participate in the negotiations. Given that they are the primary military actor in eastern DRC, their commitment to a peace process cannot be guaranteed.

    Second, other rebel forces in different parts of the country will feel left out too. They could see this agreement as an opportunity to press for greater concessions from the Congolese government.

    Third, there are few mechanisms to enforce the agreement. Since the Second Congo War, there have been multiple treaties, agreements and disarmament programmes with little success. The Pretoria Accord between Rwanda and the DRC in 2002 did not lead to long-term peace. The M23’s name is a nod to their anger over a failed 2009 agreement. In 2024, Rwanda and Congo nearly reached an agreement under Angola’s mediation, but Angola stepped down. The process was then taken over by Qatar and later the US.

    Lastly, American investors may be deterred by the security, regulatory and corruption issues that plague the DRC. Even if the Congolese government promises to address these issues, it lacks the necessary capabilities to fulfil its commitment.

    – DRC and Rwanda sign a US-brokered peace deal: what are the chances of its success?
    – https://theconversation.com/drc-and-rwanda-sign-a-us-brokered-peace-deal-what-are-the-chances-of-its-success-260066

    MIL OSI Africa

  • MIL-OSI Africa: Economic empowerment laws key to redress – President Ramaphosa

    Source: South Africa News Agency

    South Africa’s empowerment laws may be distinct, however such laws are not a unique global occurrence, says President Cyril Ramaphosa.

    The country’s empowerment laws, particularly the Broad-Based Black Economic Empowerment legal framework, have come under public and media debate over the past few months.

    In his weekly newsletter released on Monday, the President said that the empowerment laws are practical, feasible and responsive to “economic conditions, without deviating from the objective of redressing the economic injustices” of the past when Africans and other people of colour were excluded from meaningful economic participation during apartheid.

    “Empowerment laws are not unique to South Africa. These laws are often referred to as indigenisation or localisation measures. They exist in various forms in other emerging market economies with similar histories of race-based economic exclusion such as India, Zambia, Indonesia, Nigeria, Malaysia and Brazil.

    “A number of these jurisdictions compel foreign investors or multinationals, who wish to invest in the economies of those countries or in certain sectors of their economy, to fully set aside equity stakes in their companies to local entities as a prerequisite for operating in the country. This can serve be seen as a barrier to entry for investment in certain environments. 

    “However, we have found that many would-be investors do embrace these measures as they enhance inclusiveness, lead to broad acceptance of their companies and tend to grow market share,” he said.

    The President explained that South African empowerment laws earn distinction in that the measures are “practical and innovative”.

    “In addition to having a pure equity participation measure, we have introduced the Equity Equivalent Investment Programme (EEIP). 

    “It was created to accommodate multinationals whose global practices or policies prevent them from complying with the B-BBEE ownership element through the ‘traditional’ sale of equity or shares. It allows multinationals to invest in socio-economic, skills and enterprise development in South Africa without selling equity in their local subsidiaries,” President Ramaphosa said.

    He pushed back on suggestions that EEIP is a circumvention of empowerment laws and public assertions that it is a “response to the conditions of a particular company or sector”.

    “Neither are factually correct. Firstly, the EEIP is not new and has been in existence for a decade. It is firmly embedded in our laws and is not an attempt to ‘water down’ B-BBEE.

    “Secondly, there are stringent requirements for multinationals to participate. All EEIP initiatives must be aligned to government’s economic policies and strategic goals. There is firm government-backed oversight over EEIP programmes that must be broad-based in terms of impact. 

    “Since its inception, the EEIP has encompassed a broad range of sectors and onboarded some of the world’s leading multinational firms such as Hewlett-Packard, Samsung, JP Morgan, Amazon, IBM and automotive firms such as BMW, Volkswagen, Nissan and Toyota,” he highlighted.

    President Ramapohosa cited technology conglomerate, Microsoft’s investment as an example of how EEIP can lead to local development.

    “Microsoft announced a R1.32 billion investment over 10 years in skills and supplier and 4IR research and development – under the EEIP.

    “These firms have leveraged the EEIP to direct investment into local development, to incubate black, youth and women-owned businesses, and to fund skills development. This has in turn assisted government in achieving a number of policy and also infrastructure goals.

    “Equity Equivalents have been proven to be a practical B-BBEE compliance tool for multinationals operating in South Africa, and we will continue to leverage them in pursuit of economic growth and job creation,” he said.

    Changing perceptions

    President Ramaphosa reiterated his stance that economic growth and transformation can co-exist.

    “Not only do we have to move away from the perception that we must make a choice between growth and transformation – we also have to shift the mindset that compliance with B-BBEE is punitive or burdensome. 

    “By supporting firms with compliance, they are able to embrace empowerment as a meaningful investment in South African’s long-term economic stability. This is a sound strategy that recognises that a transformed South African economy is one in which their investments are safe and guaranteed,” he said.

    The President highlighted that since the introduction of empowerment laws, the “playing field” has evolved.

    “The emergence of new industries, whether it is digital technology, advanced manufacturing, AI or renewable energy, means South Africa must actively position itself to attract greater foreign and domestic investment in these sectors or risk being left behind.

    “As a country, we have had to adapt and evolve in response to these economic trends, and continue to do so,” President Ramaphosa said.

    He emphasised that even as economies and trends evolve, economic transformation remains a government imperative.

    “We are clear that our empowerment laws remain central to our goal of economic transformation in South Africa and are here to stay. As business and industry, as labour and indeed, as all of society we should remain firmly behind these laws that are integral to undoing the injustices of the past. 

    “Our focus going forward must remain creating an enabling policy environment, driving key structural reforms, supporting innovation, and reducing regulatory barriers to harness the potential of emerging industries and support existing ones. 

    “Beyond the spirited and often heated debates currently underway around B-BBEE and the EEIP, the pursuit of inclusive economic growth that creates jobs and improves the lives of our people remains our overriding goal,” President Ramaphosa said. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Economics: ICC statement on EU proposals to strengthen global trading system 

    Source: International Chamber of Commerce

    Headline: ICC statement on EU proposals to strengthen global trading system 

    Following the conclusion of European Council summit discussions on the future of the multilateral trading system, ICC Secretary General John W.H. Denton AO said:

    “It’s very welcome to see EU leaders starting to engage on the question of how to preserve and progressively strengthen the rules-based trading system. This is, without doubt, a mission critical issue for the global business community — and one deserving the highest level of political attention. 

    “We believe that the immediate focus of discussions between the EU and CPTPP members should be on practical steps to stabilize the global trading system. The obvious starting point for this would be an agreement to harmonize rules of origin requirements between the two blocs. 

    “That might sound modest on paper — but reinforcing and simplifying the underpinnings of trade would provide a huge boost to business confidence.

    “More broadly, it’s important that we don’t reduce the discussion on necessary reform of the trading system to one of institutional form. 

    “The focus needs to be squarely on outcomes: preserving rules-based trade, keeping markets open and progressively revitalizing global trade governance in line with the realities of 21st century commerce. 

    “In doing so, governments should be mindful of the fact that around 80% of trade today remains backed by World Trade Organization rules. Despite its many shortcomings, the WTO continues to play an essential role in facilitating millions of commercial transactions — day in, day out. 

    “President von der Leyen and Chancellor Mertz very rightly pointed last night to the importance of having a functioning system to resolve trade disputes. In a EU-CPTPP context it’s entirely possible this could be achieved by way a firm commitment to utilize the established workaround to the WTO’s appellate body — the Multi-Party Interim Appeal Arbitration Arrangement. 

    “We encourage CPTPP members that have not yet signed up to the MPIA to do so without delay. Given the economic imperative to provide renewed certainty to the business community, this is not the moment to be reinventing the wheel — we need to make full use of existing mechanisms to bring stability and predictability to global trade.”

    MIL OSI Economics

  • MIL-OSI Economics: Joint Statement by ICC and WTO heads

    Source: International Chamber of Commerce

    Headline: Joint Statement by ICC and WTO heads

    The statement said: 

    We reaffirm our shared commitment to harnessing the power of trade as a driver of global development.

    A well-functioning multilateral trading system remains essential to enabling private sector-led growth — particularly in emerging and developing economies, where local businesses depend on predictable rules, open markets, and efficient trade processes to compete and thrive.

    Yet too many businesses around the world continue to face barriers that hinder their full participation in global trade. From constrained access to trade finance and working capital services, to excessive border delays and customs inefficiencies, these obstacles often hit the smallest and most dynamic enterprises the hardest — undermining both job creation and development impact.

    We call on governments and development partners gathered in Seville to:

    — Reaffirm the centrality of the multilateral trading system as a foundation for global development;

    — Strengthen efforts to identify and address regulatory frictions that inhibit cross-border trade and associated financing — including, as a priority, the erosion of correspondent banking networks and the unintended impacts of financial crime compliance regimes that have led to de-risking, particularly in regions most in need of trade finance.

    — Support coordinated efforts to strengthen trade-related infrastructure, digitalization of trade processes, and targeted capacity building for SMEs to enhance economic and supply chain resilience.

    As the global community focuses on strengthening economic resilience and fostering growth, enabling trade must be a central pillar of any serious strategy for mobilizing private capital at scale. This must be underpinned by a shared effort to modernize core multilateral trade rules in line with the realities of 21st century commerce. 

    We stand ready to work with all stakeholders to ensure that trade can deliver on its full potential for people, planet, and prosperity.

    John W.H. Denton AO
    Secretary General, International Chamber of Commerce (ICC)

    Ngozi Okonjo-Iweala
    Director-General, World Trade Organization (WTO)

    MIL OSI Economics