NewzIntel.com

Category: Business

  • MIL-Evening Report: Here’s why some people suffer from motion sickness – and which remedies actually work

    Source: The Conversation (Au and NZ) – By Christian Moro, Associate Professor of Science & Medicine, Bond University

    EyeEm Mobile GmbH/Getty

    Cars may be a modern phenomenon, but motion sickness is not. More than 2,000 years ago, the physician Hippocrates wrote “sailing on the sea proves that motion disorders the body”. In fact, the word nausea derives from the Greek naus, meaning ship.

    Whether you’re in a ship, car, plane, or riding a rollercoaster, motion sickness (also called travel sickness or seasickness) can make you retch, vomit, sweat and become pale, and feel nauseated, dizzy and tired.

    For some people, watching dizzying scenes in a television show or simply thinking about moving can make us feel woozy. Playing video games or using virtual reality headsets can also lead to motion sickness (in this case, called “cybersickness”).

    But why does it happen? And why doesn’t it affect everyone?

    What is motion sickness?

    Motion sickness can happen in response to real or perceived motion.

    We don’t understand the exact mechanisms underlying motion sickness, although there are various hypotheses.

    The most accepted theory is that our brains like to know what’s going on around us. If our body is moving, but our brain can’t work out why, this creates some internal confusion.

    Within our brains, the “vestibular system”, which includes sensory organs in your inner ear, helps maintain balance.
    It has trouble doing this when you’re constantly being moved around (for example, inside a car) and sends the signals throughout our body which make us feel woozy.

    Supporting this theory, people who have damage to some parts of their inner ear systems can become completely immune to motion sickness.

    Why does motion sickness affect some people and not others?

    Very rough movement will make almost anyone
    motion sick. But some people are much more susceptible.

    Women tend to experience motion sickness more than men. There is evidence that hormonal fluctuations – for example during pregnancy or some stages of the menstrual cycle – may increase susceptibility.

    Some other conditions, such as vertigo and migraines, also make people more likely to experience motion sickness.

    In children, motion sickness tends to peak between ages six and nine, tapering off in the teens. It is much rarer in the elderly.

    In a car, the driver is normally in charge of the motion, and so their brain can anticipate movements (such as turning), leading to less motion sickness than for passengers.

    Are some modes of transport worse?

    Motion sickness is typically triggered by slow, up-and-down and left-to-right movements (low-frequency lateral and vertical motion). The more pronounced the motion, the more likely we are to get sick.

    This is why you might feel fine during some stages of an air flight, but become nauseous during times when there is turbulence. It’s the same at sea, where the larger and more undulating the waves, the more chance there is passengers will feel sick.

    Recent reports have suggested electric vehicles make motion sickness worse.

    This may be because electric vehicles tend to launch from a standstill with a fast acceleration. Sudden movements like this can make some occupants more nauseous.

    The silence of an electric vehicle is also unusual. Most of us are used to hearing the engine running and feeling the vehicle’s rumble as it moves. The silence in an electric vehicle removes these prompts, and likely further confuses our brain, making motion sickness worse.

    Interestingly, when an electric vehicle is put into autonomous (self-driving) mode, the driver becomes just as susceptible to motion sickness as the passengers.

    What helps motion sickness?

    For some people it never goes away, and they remain susceptible to motion sickness for life.

    But there are ways to manage symptoms, for example, avoiding travelling in bad weather, looking out the window and focusing on stable points (such as the aeroplane wing during a flight) or a distant stationary object (such as the horizon). This reduces conflicting signals in your brain.

    It may also help to:

    Medicines can help. Your doctor or pharmacist can recommend a variety of over-the-counter medications, such as antihistamines, which may help alleviate symptoms.

    Some people find alternative treatments helpful, including ginger, anti-nausea wrist bands (sea-bands or pressure bands). However we still don’t have enough consistent scientific evidence to endorse these remedies.

    There are longer-term options such as prescription medications and skin patches. However, many have potential side effects, so you should discuss these with a health professional.

    Not all of these medications will be suitable for children. However, there are some options which may help alleviate serious cases, and these can be talked through with your family GP.

    Does it ever go away?

    Sometimes, repeated exposure to the activity (called habituation) can help reduce motion sickness. The ancient Romans and Greeks reported the more experienced a sailor became, the less prone they were to sea sickness.

    While inconvenient, motion sickness may also have some evolutionary advantages. It’s thought species prone to motion sickness (including humans, fish, dogs, cats, mice and horses) avoid dangerous patches of rough water or high windy branches.

    We’re safest when firmly on land and not moving at all. Perhaps motion sickness is simply one way that our body works to keep us out of harm’s way.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Here’s why some people suffer from motion sickness – and which remedies actually work – https://theconversation.com/heres-why-some-people-suffer-from-motion-sickness-and-which-remedies-actually-work-258065

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Global: Here’s why some people suffer from motion sickness – and which remedies actually work

    Source: The Conversation – Global Perspectives – By Christian Moro, Associate Professor of Science & Medicine, Bond University

    EyeEm Mobile GmbH/Getty

    Cars may be a modern phenomenon, but motion sickness is not. More than 2,000 years ago, the physician Hippocrates wrote “sailing on the sea proves that motion disorders the body”. In fact, the word nausea derives from the Greek naus, meaning ship.

    Whether you’re in a ship, car, plane, or riding a rollercoaster, motion sickness (also called travel sickness or seasickness) can make you retch, vomit, sweat and become pale, and feel nauseated, dizzy and tired.

    For some people, watching dizzying scenes in a television show or simply thinking about moving can make us feel woozy. Playing video games or using virtual reality headsets can also lead to motion sickness (in this case, called “cybersickness”).

    But why does it happen? And why doesn’t it affect everyone?

    What is motion sickness?

    Motion sickness can happen in response to real or perceived motion.

    We don’t understand the exact mechanisms underlying motion sickness, although there are various hypotheses.

    The most accepted theory is that our brains like to know what’s going on around us. If our body is moving, but our brain can’t work out why, this creates some internal confusion.

    Within our brains, the “vestibular system”, which includes sensory organs in your inner ear, helps maintain balance.
    It has trouble doing this when you’re constantly being moved around (for example, inside a car) and sends the signals throughout our body which make us feel woozy.

    Supporting this theory, people who have damage to some parts of their inner ear systems can become completely immune to motion sickness.

    Why does motion sickness affect some people and not others?

    Very rough movement will make almost anyone
    motion sick. But some people are much more susceptible.

    Women tend to experience motion sickness more than men. There is evidence that hormonal fluctuations – for example during pregnancy or some stages of the menstrual cycle – may increase susceptibility.

    Some other conditions, such as vertigo and migraines, also make people more likely to experience motion sickness.

    In children, motion sickness tends to peak between ages six and nine, tapering off in the teens. It is much rarer in the elderly.

    In a car, the driver is normally in charge of the motion, and so their brain can anticipate movements (such as turning), leading to less motion sickness than for passengers.

    Are some modes of transport worse?

    Motion sickness is typically triggered by slow, up-and-down and left-to-right movements (low-frequency lateral and vertical motion). The more pronounced the motion, the more likely we are to get sick.

    This is why you might feel fine during some stages of an air flight, but become nauseous during times when there is turbulence. It’s the same at sea, where the larger and more undulating the waves, the more chance there is passengers will feel sick.

    Recent reports have suggested electric vehicles make motion sickness worse.

    This may be because electric vehicles tend to launch from a standstill with a fast acceleration. Sudden movements like this can make some occupants more nauseous.

    The silence of an electric vehicle is also unusual. Most of us are used to hearing the engine running and feeling the vehicle’s rumble as it moves. The silence in an electric vehicle removes these prompts, and likely further confuses our brain, making motion sickness worse.

    Interestingly, when an electric vehicle is put into autonomous (self-driving) mode, the driver becomes just as susceptible to motion sickness as the passengers.

    What helps motion sickness?

    For some people it never goes away, and they remain susceptible to motion sickness for life.

    But there are ways to manage symptoms, for example, avoiding travelling in bad weather, looking out the window and focusing on stable points (such as the aeroplane wing during a flight) or a distant stationary object (such as the horizon). This reduces conflicting signals in your brain.

    It may also help to:

    Medicines can help. Your doctor or pharmacist can recommend a variety of over-the-counter medications, such as antihistamines, which may help alleviate symptoms.

    Some people find alternative treatments helpful, including ginger, anti-nausea wrist bands (sea-bands or pressure bands). However we still don’t have enough consistent scientific evidence to endorse these remedies.

    There are longer-term options such as prescription medications and skin patches. However, many have potential side effects, so you should discuss these with a health professional.

    Not all of these medications will be suitable for children. However, there are some options which may help alleviate serious cases, and these can be talked through with your family GP.

    Does it ever go away?

    Sometimes, repeated exposure to the activity (called habituation) can help reduce motion sickness. The ancient Romans and Greeks reported the more experienced a sailor became, the less prone they were to sea sickness.

    While inconvenient, motion sickness may also have some evolutionary advantages. It’s thought species prone to motion sickness (including humans, fish, dogs, cats, mice and horses) avoid dangerous patches of rough water or high windy branches.

    We’re safest when firmly on land and not moving at all. Perhaps motion sickness is simply one way that our body works to keep us out of harm’s way.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Here’s why some people suffer from motion sickness – and which remedies actually work – https://theconversation.com/heres-why-some-people-suffer-from-motion-sickness-and-which-remedies-actually-work-258065

    MIL OSI – Global Reports –

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for June 24, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on June 24, 2025.

    Calls for New Zealand to denounce United States attack on Iran
    By Lillian Hanly, RNZ News political reporter Prominent lawyers are joining opposition parties as they call for the New Zealand government to denounce the United States attack on Iranian nuclear facilities. Iranian New Zealander and lawyer Arman Askarany said the New Zealand government was showing “indifference”. It comes as acting Prime Minister David Seymour told

    Warm-ups, layered clothes, recovery: 4 tips to exercise safely in the cold
    Source: The Conversation (Au and NZ) – By Harry Banyard, Senior Lecturer in Exercise and Sports Science, Swinburne University of Technology Maridav/Shutterstock Temperatures have dropped in many parts of Australia which means runners, cyclists, rowers, hikers, or anyone physically active outside need to take extra precautions to stay safe and exercise in relative comfort. Cold

    Sharks freeze when you turn them upside down – and there’s no good reason why
    Source: The Conversation (Au and NZ) – By Jodie L. Rummer, Professor of Marine Biology, James Cook University Rachel Moore Imagine watching your favourite nature documentary. The predator lunges rapidly from its hiding place, jaws wide open, and the prey … suddenly goes limp. It looks dead. For some animals, this freeze response – called

    Drone footage captured orcas crafting tools out of kelp – and using them for grooming
    Source: The Conversation (Au and NZ) – By Vanessa Pirotta, Postdoctoral Researcher and Wildlife Scientist, Macquarie University Sara Jenkins/500px/Getty The more we learn about orcas, the more remarkable they are. These giant dolphins are the ocean’s true apex predator, preying on great white sharks and other lesser predators. They’re very intelligent and highly social. Their

    Inaccurate and misogynistic: why we need to make the term ‘hysterectomy’ history
    Source: The Conversation (Au and NZ) – By Theresa Larkin, Associate Professor of Medical Sciences, University of Wollongong Panuwat Dangsungnoen/Getty Images Have you had a tonsillectomy (your tonsils taken out), appendectomy (your appendix removed) or lumpectomy (removal of a lump from your breast)? The suffix “ectomy” denotes surgical removal of the named body part, so

    More women are using medical cannabis – but new research shows barriers push some into illegal markets
    Source: The Conversation (Au and NZ) – By Vinuli Withanarachchie, PhD candidate, College of Health, Te Kunenga ki Pūrehuroa – Massey University Getty Images The number of women using medicinal cannabis is growing in New Zealand and overseas. They use cannabis treatment for general conditions such as pain, anxiety, inflammation and nausea, as well as

    It’s time to face an uncomfortable truth: maybe our pampered pets would be better off without us
    Source: The Conversation (Au and NZ) – By Nancy Cushing, Associate professor, University of Newcastle ROSLAN RAHMAN/AFP via Getty Images Pet-keeping is often promoted for the benefits it brings humans. A close association with another animal can provide us with a sense of purpose and a daily dose of joy. It can aid our health,

    Work, wages and apprenticeships: sifting for clues about the lives of girls in ancient Egypt
    Source: The Conversation (Au and NZ) – By Julia Hamilton, Lecturer in History and Archaeology, Macquarie University Weavers in the Tomb of Khnumhotep II, Beni Hassan, Egypt. Painted by Norman de Garis Davies (MMA 33.8.16) We know surprisingly little about the lives of children in ancient Egypt. And what records we do have about them

    Archetyp was one of the dark web’s biggest drug markets. A global sting has shut it down
    Source: The Conversation (Au and NZ) – By Elena Morgenthaler, PhD Candidate, School of Criminology and Criminal Justice, Griffith University Operation Deep Sentinel Last week, one of the dark web’s most prominent drug marketplaces – Archetyp – was shut down in an international, multi-agency law enforcement operation following years of investigations. It was touted as

    How do sleep trackers work, and are they worth it? A sleep scientist breaks it down
    Source: The Conversation (Au and NZ) – By Dean J. Miller, Senior Lecturer, Appleton Institute, HealthWise Research Group, CQUniversity Australia Many smartwatches, fitness and wellness trackers now offer sleep tracking among their many functions. Wear your watch or ring to bed, and you’ll wake up to a detailed sleep report telling you not just how

    ‘It feels like I am being forced to harm a child’: research shows how teachers are suffering moral injury
    Source: The Conversation (Au and NZ) – By Glenys Oberg, PhD candidate in education and trauma, The University of Queensland SolStock/Getty Images Australia is in the grip of a teacher shortage. Teachers are burning out, warning the job is no longer sustainable and leaving the profession. We know this is due to excessive workloads, stress

    NZ Greens call on state to condemn US over ‘dangerous’ attack on Iran
    Asia Pacific Report New Zealand’s opposition Green Party has called on the government to condemn the United States for its illegal bombing of Iran and inflaming tensions across the Middle East. “The actions of the United States pose a fundamental threat to world peace,” said Green Party co-leader Marama Davidson in a statement. “The rest

    View from the Hill: Albanese supports US bombing, reluctantly
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra When Prime Minister Anthony Albanese and Foreign Minister Penny Wong went out on Monday to back the United States attack on Iran, it was obvious their support was through gritted teeth. Albanese told their joint news conference: “The world has

    Woodside’s North West Shelf gas extension is being challenged in the courts. Could it be stopped?
    Source: The Conversation (Au and NZ) – By Samantha Hepburn, Professor, Deakin Law School, Deakin University The controversial extension of Woodside’s North West Shelf gas project off Western Australia faces two legal challenges. Both raise significant concerns about the validity of government approvals. One could even seek an injunction, preventing federal environment minister Murray Watt

    Australian CEOs are still getting their bonuses. Performance doesn’t seem to matter so much
    Source: The Conversation (Au and NZ) – By Richard Denniss, Adjunct Professor, Crawford School of Public Policy, Australian National University RomanR/Shutterstock Almost all of Australia’s top chief executives are, according to their boards at least, knocking it out of the park in terms of performance. That is despite sluggish productivity, persistently high carbon emissions, rising

    Strait of Hormuz: closing vital oil and gas route would disrupt global supplies. How will Australia be affected?
    Source: The Conversation (Au and NZ) – By Sanjoy Paul, Associate Professor in Operations and Supply Chain Management, UTS Business School, University of Technology Sydney Below the Sky/Shutterstock The Iranian parliament has approved the closure of key shipping route the Strait of Hormuz, in a move that could further escalate the Israel/Iran war. The strait

    MIT researchers say using ChatGPT can rot your brain. The truth is a little more complicated
    Source: The Conversation (Au and NZ) – By Vitomir Kovanovic, Associate Professor and Associate Director of the Centre for Change and Complexity in Learning (C3L), Education Futures, University of South Australia Rroselavy / Shutterstock Since ChatGPT appeared almost three years ago, the impact of artificial intelligence (AI) technologies on learning has been widely debated. Are

    Why the US strikes on Iran are illegal and can set a troubling precedent
    Source: The Conversation (Au and NZ) – By Donald Rothwell, Professor of International Law, Australian National University After the United States bombed Iran’s three nuclear facilities on Sunday, US President Donald Trump said its objective was a “stop to the nuclear threat posed by the world’s number one state sponsor of terror”. US Defence Secretary

    How do I get started in the gym lifting weights?
    Source: The Conversation (Au and NZ) – By Mandy Hagstrom, Senior Lecturer, Exercise Physiology. School of Health Sciences, UNSW Sydney Thomas Barwick/Getty So you’ve never been to a gym and are keen to start, but something’s holding you back. Perhaps you don’t know what to actually do in there or feel like you’ll just look

    NZ’s plan to ‘welcome anyone, from anywhere, anytime’ is not a sustainable tourism policy
    Source: The Conversation (Au and NZ) – By Regina Scheyvens, Professor of Development Studies, Te Kunenga ki Pūrehuroa – Massey University Getty Images Attracting more Chinese tourists to New Zealand, including during the off-season, was a major part of Prime Minister Christopher Luxon’s trade agenda during his visit to China last week. As Tourism Minister

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Senator Marshall: We Must Prioritize Patients’ Health Over Corporate Profits

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall

    Washington – On Monday, U.S. Senator Roger Marshall, M.D. (R-Kansas), alongside Health and Human Services Secretary Kennedy and Centers for Medicare and Medicaid Services Administrator Oz, delivered remarks during a press conference about the top bureaucratic obstacle facing doctors and patients: prior authorization in Medicare. He also applauded the Trump Administration for bringing all parties to the table to make healthcare more patient and provider-friendly for doctors, nurses, and patients alike.

    Click HERE or on the image above to watch Senator Marshall’s full remarks
    Below is the full transcript as delivered:
    “Well, good afternoon, everybody. I want to say a special thanks to Secretary Kennedy and CMS Administrator Dr Oz, and especially President Trump, for inviting me to participate in today’s event to address the number one bureaucratic nightmare facing doctors and patients: prior authorization.
    “Now, long before I ran for Congress, I was a practicing OB-GYN for some 25 years, and I vividly remember a patient I once had scheduled for an infertility surgery. She’d taken time off work and arranged help at home, only to be told the morning of a procedure that her insurance company had added another step to the prior authorization process, abruptly canceling her surgery.
    “Now, whether you need a hip replacement or a heart catheterization, many patients feel their critical care has been delayed by an opaque and burdensome prior authorization process. It’s something I hear about all the time back home. Moreover, physicians and nurses complain that the process has become increasingly onerous because of constantly changing requirements, often demanding more time to navigate the red tape than to complete the pre-surgery medical workup.
    “Today, by having all the players in the room, we hope to see a commonsense solution to streamline and improve our healthcare system. We must prioritize patients’ health over corporate profits and arbitrary cost-cutting measures. For nearly my entire time in Congress, I fought to reform the prior authorization process and Medicare Advantage. Today’s event moves us closer to that goal, ensuring patients receive timely lifesaving and health-restoring care.
    “Again, I just look forward to working with Secretary Kennedy, Administrator Oz, and insurers together to overhaul this process. I’m going to continue to champion this fight in Congress and support their efforts. And again, I’m just proud to stand alongside President Trump’s A-team as we work to make healthcare more patient and provider-friendly for doctors, nurses, and patients alike.”

    MIL OSI USA News –

  • MIL-OSI China: Expo mirrors China’s vital role in Vietnam’s electronics supply chains

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

    Amid rows of exhibition booths displaying smart devices and electronic components, Vietnamese officials and business representatives at the Vietnam International Electronics Expo 2025 are sharing a common sentiment that China remains an essential partner in sustaining stable electronics supply chains.

    Held in Vietnam’s Bac Ninh province, the three-day event from June 20 to 22 gathered nearly 200 suppliers from China, South Korea and Vietnam.

    Among the visitors to the expo, Phan Thi Thanh Nhan, a logistics specialist handling freight from China to Vietnam, sees the efficient supply chain between the two countries reflected in her work.

    Highlighting that the Chinese market is large and offers a wide variety of goods, she said that “Vietnamese customers highly favor it and wish to cooperate with Chinese partners.”

    Beyond trade, “the Chinese side is very enthusiastic about resolving procedures quickly and always provides timely support to ensure smooth supply chains,” she noted.

    On the factory floor, Vietnamese manufacturers see similar benefits.

    Nguyen Thanh Binh, a representative of a Vietnamese cable manufacturing enterprise, emphasized the importance of Chinese machinery in production.

    “China is an important partner in our company’s product supply chain,” Binh said, noting that “we mainly import machinery for cable production from China.”

    He added that Chinese suppliers have continued to meet the electronics industry’s needs despite logistical challenges in global markets, enabling Vietnamese firms to maintain output and competitiveness.

    According to Vietnamese official statistics, China accounted for 26 percent of Vietnam’s total trade turnover in 2024, remaining its largest trading partner and top import market, with bilateral trade spanning agricultural produce, consumer goods and electronic components.

    Le Nguyen Thien Nga, head of the Institute of Policy Governance under the Vietnam Union of Science and Technology Associations, noted that China plays a strategically important role in Vietnam’s electronics supply chains.

    “We consider China a very important partner in Vietnam’s process of international economic integration,” she said. 

    MIL OSI China News –

  • MIL-OSI China: European executives eye huge opportunities in Chinese market

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

    A humanoid robot asks questions at the sixth Qingdao Multinationals Summit in Qingdao, east China’s Shandong Province, on June 19, 2025. [Photo/Xinhua]

    At the venue of the 6th Qingdao Multinationals Summit, Umberto Englmann, director of operations at German e-commerce firm Internet Up GmbH, looked out over the coastline of the eastern Chinese host city and reflected on its vitality.

    “It’s dynamic, open and innovative,” he said. “You can feel China is ready to grow with international companies from Europe and other regions.”

    His observations reflect a broader view shared by many European executives attending the summit, which was held last week and drew 570 participants from 43 countries and regions. For many, China’s vast market, high-level opening up and reputation for being an innovative manufacturing powerhouse continue to make it a key driver of sustainable growth.

    Roland Lukas, chief financial officer of Internet Up GmbH, said that the company’s success was closely tied to China.

    “Our Snapbuy platform bridges Asian sellers and Western consumers, and it is easy to bring goods from China to Europe and the U.S., because the supply chains are very well organized in China,” he said. “The opportunities are huge, and China is very important for our growth.”

    Internet Up, one of the fastest-growing e-commerce firms in Europe, is seeking new manufacturing and logistics partners in China to further expand its presence, according to Lukas.

    A report released during the summit revealed that the operating revenue and profits of major foreign-invested industrial enterprises in China increased by 14.5 percent and 12.5 percent, respectively, in 2024 compared to 2019 levels.

    China’s strong innovation capabilities and robust industrial and supply chain systems have helped multinationals maintain their competitive edge globally.

    Belgium-based Bekaert Group, a global leader in steel wire transformation and coating technologies, is a long-term participant in China’s market. The company has invested more than 1.5 billion euros in China since 1993 and plans to invest further.

    “We are upgrading our product portfolio, especially in low-energy and green technologies,” said Kurt Van Rysselberge, head of Bekaert China, adding that China is becoming an innovative manufacturing powerhouse, which is a very favorable environment for multinational companies.

    China is rapidly deploying green energy and Bekaert is part of these value chains, the executive said, adding that this offers tremendous opportunities to create a virtuous cycle to create low-carbon products that will be very competitive on the world markets.

    Bekaert is ramping up innovation in areas like hydrogen generation, tire reinforcement, offshore wind components, and sustainable construction, and many of the innovations come from China.

    This year marks the 50th anniversary of the establishment of diplomatic relations between China and the European Union. The two sides have become each other’s major trading partners, with the annual bilateral trade growing from 2.4 billion U.S. dollars to 780 billion U.S. dollars over the past 50 years.

    “Over the past 50 years, China-EU cooperation has created immense value on both sides,” said Jens Eskelund, president of the European Union Chamber of Commerce in China. “Access to China’s supply chain has enhanced additional purchasing power for European consumers and integrated China into the global value chain.”

    Eskelund added that China’s investment in human capital, including the annual output of engineers, has made it a natural partner for R&D collaboration. For many European companies, China isn’t just a market, but a place to innovate and co-create, he said.

    China’s efforts to build a first-class business environment, including expanded visa-free travel, national treatment for foreign investment and shortened negative lists for greater market access, have boosted investor confidence.

    Looking ahead, European executives said the momentum of collaboration is only building. “China’s opening up is very beneficial for the world, and also for China itself. We can work together and do great business,” said Lukas. 

    MIL OSI China News –

  • MIL-OSI New Zealand: Local News – Business is buzzing in Porirua

    Source: Porirua City Council

    Porirua’s commitment to business has meant a busy schedule of activities and events this year.
    While the sold-out BizFest 2025: Kōpū i te pae – Light up the Horizon will be a great opportunity to learn, network and connect, there are a number of other events in Porirua to help boost businesses.
    BizFest is at Te Rauparaha Arena on 1 July, with double Olympic gold winner, Dame Valerie Adams, and Black Grace founder and director Neil Ieremia among the speakers.
    With an awesome lineup of sessions and kōrero, Porirua Mayor Anita Baker says it will be a fantastic day for the city’s business sector.
    “Porirua is a great place to do business and with the events we have on the calendar now, it means our city is humming. We’re always looking to keep moving forward,” she says.
    A new pop-up initiative – BizHub – will kick off at Kai Tahi from 1 August. BizHub aims to keep the momentum from BizFest going and bring the business community together every second Friday, as a hub for advice, connections and support.
    “BizFest and BizHub are both collaborations between Porirua City Council and Te Rūnanga o Toa Rangatira and it’s a partnership approach that’s focusing on uplifting and connecting Porirua businesses,” Mayor Baker says.
    Earlier this month the Love Local Expo showcased the best of our local products, services, crafts and community services – with more than 130 stalls and thousands of people coming through the Arena on 7 June.
    Other events coming up on the calendar are Visa Wellington on a Plate and the ever-popular ChoctoberFest.
    Visa WOAP will be held from 1-31 August in Porirua and there’ll be outstanding burger creations to tempt your tastebuds from businesses across Porirua. It’s not to be missed.
    ChoctoberFest is always a sweet spot with Porirua locals, visitors and businesses. In 2024, the third year of the festival, 20 cafes, eateries and bars took part. More than 13,000 baked treats and drinks were consumed in October, pumping $131,000 into the Porirua economy.
    “What I love about the events that we host now for businesses is that they’re not just for residents, but they attract visitors to our city,” Mayor Baker says.
    Also coming up is a three-day Bizezi Spark Programme on 30 and 31 July and 1 August. It’s a hands-on business incubator programme, for those thinking about starting a business or wanting to build stronger foundations. You’ll work with experts over three days to shape your business plan and set yourself up for success.
    Later in the month, on 20 August, there’s a subsidised half-day workshop Business Growth and Resilience through the Circular Economy, where you can learn how the circular economy can unlock new revenue streams, reduce costs, and future-proof your business.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: BusinessNZ Planning Forecast: Improving forecast for some areas

    Source: BusinessNZ

    The BusinessNZ Planning Forecast for the June quarter indicates the NZ economy will likely grow at nearly 3% by 2027, however it is facing strong headwinds caused by international and domestic issues.
    BusinessNZ economist John Pask says the uncertain, rapidly-changing international environment is affecting New Zealand’s trade and economic prospects.
    “Not just war and threats of war, but also threats to trade and the international trade rules-based order are bringing uncertainty and caution.
    “NZ is a trading nation, linked to the rest of the world by key markets, supply chains and global investment flows, and vulnerable to economic shocks and international tensions. Forecasts of future growth will be heavily conditional on world events,” Mr Pask said.
    “Domestically, there is some good news, as statistics indicate GDP improvement, inflation is still contained, lower interest rates are reducing the pressure on businesses and households, dairy and meat prices are positive, and the Government’s moves to allow greater deductions on business purchases and address poor regulation are all positive.”
    The BusinessNZ Economic Conditions Index (ECI), a measure of NZ’s major economic indicators, sits at 8 for the June 2025 quarter, an improvement of 2 on the previous quarter, and an improvement of 12 on a year ago.
    An ECI reading above 0 indicates that economic conditions are generally improving overall; below 0 means economic conditions are generally declining.
    The full BusinessNZ Planning Forecast for the June quarter is on www.businessnz.org.nz.

    MIL OSI New Zealand News –

  • MIL-Evening Report: Warm-ups, layered clothes, recovery: 4 tips to exercise safely in the cold

    Source: The Conversation (Au and NZ) – By Harry Banyard, Senior Lecturer in Exercise and Sports Science, Swinburne University of Technology

    Maridav/Shutterstock

    Temperatures have dropped in many parts of Australia which means runners, cyclists, rowers, hikers, or anyone physically active outside need to take extra precautions to stay safe and exercise in relative comfort.

    Cold environments can also include high winds and water exposure, which present unique physiological, psychological and logistical challenges that can turn people off exercising.

    While exercising in the cold does not typically increase injury risk, certain conditions can lead to a drop in whole body temperature (hypothermia) and impaired exercise performance.

    One advantage to exercising in the cold is that it often feels easier, since the body perceives lower exertion levels compared to performing the same task in hot environments.

    While it’s sometimes tempting to rug up and stay indoors when temperatures plummet, here are some tips for exercising in cold conditions.

    1. Wear layers

    Start exercising in a slightly chilled state (if you’re warm when you begin, take a layer off).

    Strip down one layer as you warm up to avoid overheating and excessive sweating, which can lead to chilling later as you cool down.

    Clothing recommendations include:

    • inner (base) layer: wear a lightweight, moisture-wicking fabric (such as polyester) as a base layer to keep sweat away from your skin
    • middle (insulating) layer: add a fleece or thermal layer if temperatures are close to freezing
    • outer layer: a windproof, water-resistant jacket is essential in wet, windy or snowy conditions
    • additional considerations: for hands and feet, wear gloves and opt for polyester socks. A beanie or headband is great for the head and ears because you lose a significant amount of heat from your head.

    2. Warming up is crucial

    In cold conditions, your muscles may take longer to warm up and may be at a greater risk of injury due to reduced blood flow (vasoconstriction), reduced flexibility and slower reaction times.

    Spend about ten minutes (perhaps indoors) performing a structured warm-up. This should include dynamic stretches and exercises such as push-ups, leg swings, lunges, calf raises, squats and high knees before heading out.

    This will help enhance blood flow, increase tissue temperature and improve your joints’ range of motion.

    No matter what exercise type you choose, start slowly and gradually progress your intensity.

    3. Be aware of the risks

    Depending on the mode of activity, outdoor exercise can be riskier during winter due to slippery surfaces and reduced visibility.

    If you are walking or running, shorten your steps and stride length when it’s wet to maintain control and prevent slips and falls.

    If you are cycling, avoid sharp turns or sudden stops. Stick to well-lit areas and paths and try to exercise during daylight hours if possible.

    Also, consider wearing bright or reflective clothing at night or in foggy conditions.

    4. The importance of recovery

    Spend a few minutes at the end of your workout for active recovery (walking and stretching) which helps prevent blood pooling and inflammation in the feet, while bringing the body’s systems back to homeostasis (resting breathing and heart rate).

    When it’s extremely cold, get indoors immediately because your body temperature drops fast once you stop moving.

    Change out of any damp clothes and have a warm shower or bath as soon as possible to help regulate body temperature and prevent hypothermia. Be aware of signs of hypothermia, which include shivering, slurred speech, cold pale skin and poor coordination, among others.

    Other tips to consider

    If it’s nearing or below 0°C with wind chill or rain or snow, perhaps opt for an indoor mode of exercise such as treadmill running, stationary cycling or cross-training to avoid unnecessary risks such as hypothermia, non-freezing cold injuries (such as trenchfoot) or freezing cold injuries (frostbite).

    To ensure adequate hydration, it is recommended to consume about 500ml of fluid two hours before exercise and to continue to drink during and after exercising.

    If you do brave the cold to exercise outside, is still advisable to wear sunscreen (SPF 30 or higher) on exposed skin during the day, since ultra violet radiation can still pass through clouds and is not related to temperature.

    Overall, exercise in the cold can be safe and enjoyable with the right precautions and planning.

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

    – ref. Warm-ups, layered clothes, recovery: 4 tips to exercise safely in the cold – https://theconversation.com/warm-ups-layered-clothes-recovery-4-tips-to-exercise-safely-in-the-cold-255223

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Submissions: Palestinian Territories – Israeli authorities further tighten their grip on the West Bank amid escalation with Iran – MSF

    Source: Médecins sans Frontières (MSF)

    24 June, Jerusalem – As international focus shifts to the escalating conflict between Israel and Iran, Israeli forces have ramped up their activities in the West Bank. Increased military operations in Jenin, Nablus, and Tulkarem governorates, along with additional troop deployments, have led to heightened restrictions on Palestinians. Médecins sans Frontières (MSF) warns that these actions exacerbate the already dire situation for Palestinians in the West Bank, who face significant barriers to accessing healthcare and essential services, especially since October 2023. MSF urges an immediate halt to measures that contribute to forced displacement and a system of annexation, including prolonged military presence, movement restrictions, demolitions, excessive use of force, and denial of basic services.

    “On June 13 the Israeli forces raided my village in Tulkarem, they took over two residential buildings and turned them into military barracks, displacing the people who were living there. Since then, they have been patrolling the village regularly, conducting investigations, interrogations, arrests, searches, and detentions.” Karim*, MSF staff member  

     “Over the past week, West Bank communities have seen their lives further controlled by an occupying power while the world looks away. This cannot continue.” Simona Onidi, project coordinator Jenin and Tulkarem.  

    On 13 June, the day the escalations started, the Israeli authorities blocked all major Israeli checkpoints and road gates entrances to Hebron for four days. This forced people seeking medical care to cross between areas on foot, forcing critically ill people to walk long distances, taking the risk of being shot at, or being prevented from crossing at all.  

    “On 14 June, I tried to take my brother from Bethlehem to a medical appointment in Hebron – a trip that should take 25 minutes. But due to the new Israeli restrictions, all main entrances and exits were closed. It took us three hours, and in the end, despite being very ill, he had to walk through a closed checkpoint on foot, like many others, which is not safe.” Oday Al-Shobaki, communications officer.

    MSF has suspended mobile clinics in Hebron and Nablus that provide mental health, sexual reproductive care, and basic healthcare due to these checkpoint closures and security concerns from the intensified military operations. In Jenin and Tulkarem, mobile clinics had to adapt working hours, running on some days, not others, because of Israeli forces’ presence in nearby villages. This has forced patients to rely on phone consultations.  

    Military operations and violent raids by the Israeli army have been going on for years in the West Bank. 2022 saw a then-record number of Palestinian deaths due to violence by Israeli forces or settlers. Since October 2023, Israeli forces have increased the number of coercive measures and use of extreme physical violence against Palestinians in the occupied West Bank including severe movement restrictions, military raids, and systemic barriers to essential services.  

    In January 2025, the Israeli forces began the ‘Iron Wall’ military operation in northern West Bank, which is still ongoing. Violently emptying well-established camps and preventing any return. More than 42,000 people have been forcibly displaced and left without stable homes and with limited access to food, water, and medical care.

    “This latest wave of restrictions and violence over the last week, seems to be an opportunity for Israeli forces to entrench control, deepen the fragmentation of Palestinian communities and further the system that the International Court of Justice has described as amounting to racial segregation and apartheid. We urge third states to move beyond words of condemnation and put real pressure on Israeli authorities to end excessive force and lift movement restrictions blocking access to essential services and humanitarian aid, scaling up support for displaced and isolated communities across the West Bank.” Simona Onidi, project coordinator, Jenin and Tulkarem.  

    (*name changed.)

    MSF is an international, medical, humanitarian organisation that delivers medical care to people in need, regardless of their origin, religion, or political affiliation. MSF has been working in Haiti for over 30 years, offering general healthcare, trauma care, burn wound care, maternity care, and care for survivors of sexual violence. MSF Australia was established in 1995 and is one of 24 international MSF sections committed to delivering medical humanitarian assistance to people in crisis. In 2022, more than 120 project staff from Australia and New Zealand worked with MSF on assignment overseas. MSF delivers medical care based on need alone and operates independently of government, religion or economic influence and irrespective of race, religion or gender. For more information visit msf.org.au  

    MIL OSI – Submitted News –

  • MIL-OSI USA: SBA Offers Disaster Assistance to Missouri Small Businesses, Private Nonprofits and Residents Affected by Adverse Weather

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to Missouri small businesses, private nonprofits and residents to offset physical and economic losses from severe storms, tornadoes, straight-line winds, heavy rains, large hail, flooding and flash flooding occurring April 29. The SBA issued a disaster declaration in response to a request received from Gov. Mike Kehoe on June 21.

    The disaster declaration covers the Missouri counties of Barry, Christian, Dade, Dallas, Greene, Jasper, Lawrence, McDonald, Newton, Polk, Stone and Webster as well as the Kansas county of Cherokee, and the Oklahoma county of Ottawa.

    Businesses and nonprofits are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

    Homeowners and renters are eligible to apply for home and personal property loans and may borrow up to $100,000 to replace or repair personal property, such as clothing, furniture, cars, and appliances. Homeowners may apply for up to $500,000 to replace or repair their primary residence.

    Applicants may be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include insulating pipes, walls and attics, weather stripping doors and windows, and installing storm windows to help protect property and occupants from future disasters.

    SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries and private nonprofit (PNP)organizations impacted by financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises.

    EIDLs are for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. They may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    Interest rates are as low as 4% for businesses, 3.62% for nonprofits, and 2.81% for homeowners and renters, with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    “When disasters strike, SBA’s Disaster Loan Outreach Centers play a vital role in helping small businesses and their communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “At these centers, SBA specialists assist business owners and residents with disaster loan applications and provide information on the full range of recovery programs available.”

    Beginning Wednesday, June 25, SBA customer service representatives will be on hand at the following Disaster Loan Outreach Centers (DLOCs) to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application. Walk-ins are accepted, but you can schedule an in-person appointment in advance at appointment.sba.gov.

    The DLOCs hours of operations are as follows:

    GREENE COUNTY
    Disaster Loan Outreach Center
    Greene County Public Safety Center
    330 W. Scott St.
    Springfield, MO  65802

    Opens at 1 p.m., Wednesday, June 25
    Mondays – Fridays, 9 a.m. – 6 p.m.
    Closed Independence Day, Friday, July 4

    LAWRENCE COUNTY
    Disaster Loan Outreach Center
    Monett Chamber of Commerce
    200 E. Broadway St.
    Monett, MO  65708

    Opens at 1 p.m., Wednesday, June 25
    Mondays – Fridays, 9 a.m. – 6 p.m.
    Closed Independence Day, Friday, July 4

    NEWTON COUNTY
    Disaster Loan Outreach Center
    Newton Emergency Management
    202 W. Brook St.
    Neosho, MO  64850

    Opens at 1 p.m., Wednesday, June 25
    Mondays – Fridays, 8:30 a.m. – 4:30 p.m.
    Closed Independence Day, Friday, July 4

    To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return physical damage applications is Aug. 22, 2025. The deadline to return economic injury applications is March 23, 2026.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-OSI: Apollo Provides $750 Million High Grade Capital Solution to Mumbai International Airport Ltd. in Second Transaction

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and MUMBAI, India, June 23, 2025 (GLOBE NEWSWIRE) —

    Apollo (NYSE: APO) today announced that Apollo-managed funds, affiliates and other long-term investors have completed a $750 million investment grade rated financing for the Mumbai International Airport Ltd. (MIAL), an Adani Portfolio company and subsidiary of Adani Airports Holdings Limited (AAHL), India’s largest private airport operator, that operates Chhatrapati Shivaji Maharaj International Airport (CSMIA), the second largest airport in India.

    The 4-year senior secured notes will primarily refinance existing debt, enhancing MIAL’s financial flexibility to support operations, modernization and sustainability initiatives. The structure also allows for up to $250 million in additional funding to accelerate capital expenditure and capacity expansion. The transaction represents one of the largest private investment grade rated deals in India’s infrastructure sector.

    “Working with the Adani Group, we are pleased to deliver a scaled, bespoke capital solution for MIAL, supporting a critical infrastructure asset and the next phase of its ambitious growth capex plans,” said Apollo Partner Jamshid Ehsani. “This marks Apollo’s second large financing for MIAL, having previously provided operational flexibility to deleverage and now delivering an investment grade rated solution.”

    Mr. Arun Bansal, CEO of AAHL, added, “This financing provides us with greater operational flexibility and positions us to further enhance the airport experience for millions of travelers. With Apollo’s continued support and the Adani Group’s proven execution capabilities, we are well-positioned to realize our vision of transforming MIAL into a world-class asset with a focus on efficiency, comfort and sustainability.”

    Matt Michelini, Partner and Head of Asia-Pacific at Apollo, commented, “As one of the fastest growing global economies, India is an attractive market for hybrid and credit financing, particularly opportunities underpinning critical, next-generation infrastructure. It is a key market for Apollo in Asia, and one where we believe we can serve as a long-term capital partner to leading companies and families.”

    CSMIA, a cornerstone of India’s aviation infrastructure, is part of Adani Airport Holdings Limited’s (AAHL) network of eight airports. AAHL is responsible for developing airport infrastructure assets across India and is a core growth vertical of the Adani group.

    MIAL remains committed to sustainability, aligning with the UN Sustainable Development Goals through initiatives such as transitioning to electric vehicles, enhancing energy-efficient operations, strengthening water conservation measures and accelerating efforts to achieve net zero emissions by 2029, reflecting its leadership in sustainable airport operations.

    Allen & Overy LLP and Cyril Amarchand Mangaldass served as legal counsel to MIAL. Milbank LLP and Khaitan & Co served as legal counsel to Apollo.

    About Apollo
    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

    About MIAL
    Mumbai International Airport Ltd. (MIAL) is managed by Adani Airport Holdings Limited, a subsidiary of Adani Enterprises. MIAL operates under a Public-Private Partnership model, with AAHL holding a 74% stake and the Airports Authority of India holding 26%. MIAL is at the forefront of redefining airport infrastructure in India, with a vision to create a vibrant, integrated aerotropolis in Mumbai.

    Apollo Contacts

    Noah Gunn
    Global Head of Investor Relations
    Apollo Global Management, Inc.
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications
    Apollo Global Management, Inc.
    (212) 822-0491
    Communications@apollo.com

    The MIL Network –

  • MIL-OSI Canada: Joint Statement on the Visit to Ottawa of His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the United Arab Emirates

    Source: Government of Canada News

    Ottawa, June 23, 2025

    The Honourable Anita Anand, Minister of Foreign Affairs, hosted His Highness, Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the United Arab Emirates (UAE), for a visit to Canada from June 19 to 20, 2025. The visit reaffirmed the shared commitment of Canada and the UAE to deepen bilateral cooperation across trade, investment, innovation, people-to-people ties, international development, and regional peace and security.

    During the visit, His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the UAE, met with the Right Honourable Mark Carney, Prime Minister of Canada. The two sides discussed the growing ties between Canada and the UAE. On behalf of HH Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, HH Sheikh Abdullah bin Zayed Al Nahyan extended to Prime Minister Carney an invitation to visit the UAE this year.

    Canada and the UAE will continue to deepen their bilateral relationship by exploring new opportunities for cooperation, with particular emphasis on economic ties. Both countries welcomed the launch of the Dubai Chambers office in Toronto—the organization’s first in North America—which will serve as a strategic platform to foster deeper commercial ties. The Honourable Maninder Sidhu, Canada’s Minister of International Trade, attended the launch of the International Dubai Chambers alongside His Excellency Sultan bin Saeed Al Mansoori, the UAE Foreign Minister’s Envoy to Canada. The new office comes as part of the Dubai Global initiative and deepening economic ties with Canada. This opening reflects a shared ambition to unlock new opportunities for collaboration in priority sectors, including artificial intelligence, energy and infrastructure, and underscores Canada’s important role in the UAE’s global trade and investment strategy.

    Both countries also recognized the important role of the Canada-UAE Business Council in bringing together business leaders from both countries to develop actionable business opportunities and advance national economic objectives. Building on the strong foundation of institutional partnerships—exemplified by the global collaboration between Caisse de dépôt et placement du Québec and DP World across 15 ports and logistics parks—both countries expressed their intent to pursue new avenues for strategic investment and long-term economic engagement. Canada and the UAE reiterated their commitment to the swift conclusion of the ongoing negotiations for a Foreign Investment Promotion and Protection Agreement (FIPA).

    The Honourable Maninder Sidhu, Canada’s Minister of International Trade, and His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, co-led a business round table on June 19, 2025, organized by the Canada-UAE Business Council.

    Artificial Intelligence, Emerging Technologies, and Digital Innovation: Recognizing the transformative potential of artificial intelligence (AI), both countries reaffirmed their interest in exploring collaboration in this critical domain. Canada, home to one of the world’s most dynamic AI ecosystems, recently appointed its first Minister of Artificial Intelligence and Digital Innovation, reflecting a renewed national commitment to responsible AI leadership. The UAE, a global leader in AI and the first to appoint a Minister of State for AI, has articulated a dedicated foreign policy position on AI, emphasizing principles of international cooperation, sustainable development and responsible governance. In this regard, the UAE continues to invest in talent development, infrastructure and technology-access frameworks.

    The Ministers welcomed ongoing dialogue between institutions and stakeholders to explore cooperation in AI and emerging technology research, commercialization, and responsible deployment. Both sides emphasized the importance of inclusive, secure, responsible, and sustainable AI development that supports innovation and economic growth.

    Water: Both countries recognized that water lies at the core of climate action, affirming their shared commitment to addressing global water challenges. Both sides underscored the need to strengthen international cooperation, highlighting the upcoming 2026 UN Water Conference, to be co-hosted by the UAE and Senegal, as a key opportunity to advance global water efforts. They also stressed the importance of investing in water technology and innovation to scale up water-scarcity solutions, as exemplified by the UAE’s launch of the Mohamed bin Zayed Water Initiative in early 2024. 

    Energy and Natural Resources: Canada and the UAE reaffirmed their shared commitment to advancing energy security and accelerating a just transition to a low-carbon economy. The UAE’s growing investment footprint in Canada demonstrates the strong commercial foundation for future cooperation. Canada welcomed the UAE’s interest in formalizing energy collaboration. Canada recognized the UAE’s pioneering efforts in the energy sphere and welcomed the UAE’s interest in promoting greater energy collaboration on an international level. Canada also expressed support for continued dialogue on joint initiatives in decarbonization, liquified natural gas, nuclear, hydrogen, and critical mineral value chains. In this context, Canada and the UAE highlighted their dedication to build on their current ties in the fields of energy and critical energy-transition minerals, while including a focus on promoting investment opportunities and enhancing mutual investment attraction.

    International Peace and Security: Canada and the UAE reiterated their shared commitment to promoting peace, stability, and inclusive prosperity across the Middle East and beyond. Both countries emphasized the importance of sustained diplomatic engagement, humanitarian leadership, and multilateral cooperation in addressing geopolitical challenges. They unequivocally condemned all acts of terrorism. They reaffirmed the importance of maintaining and promoting peace and coexistence and their rejection of intolerance, hate speech, discrimination and all forms of extremism.

    Canada and the UAE also restated that the principles of dialogue, adherence to international law, and respect for state sovereignty are essential to resolving the conflict between Israel and Iran. Both sides stressed the need for an immediate and permanent ceasefire in Gaza; the release of all remaining hostages; and the urgent, sustainable, unhindered, at-scale flow of aid to address the appalling humanitarian catastrophe. Canada and the UAE also underscored the importance of sustained efforts to advance a serious political horizon toward the two-state solution. The Ministers reaffirmed the urgent need for de-escalation and urged all parties to refrain from actions that further destabilize the region. Both sides reasserted that diplomatic engagement remains essential to ensuring long-term regional stability and international security.

    Joint Committee for Cooperation: Both countries are actively using the Joint Committee for Cooperation (JC) as a strategic platform to drive forward a deeper, more institutionalized partnership. Through regular, high-level dialogue, the JC is advancing collaboration in priority areas such as trade and investment, defence and security, and climate and energy. Canada will host the next Ministerial meeting, reinforcing the shared commitment to sustained, results-driven engagement.

    International Development Cooperation: Canada and the UAE reaffirmed their mutual determination to address pressing global development and humanitarian challenges. Canada welcomed the UAE’s role as a global development and humanitarian partner. Recognizing the unprecedented scale and severity of humanitarian crises around the world, Canada and the UAE reaffirmed their shared commitment to cooperate closely in delivering assistance and empowering communities. Both countries underscored the importance of this partnership, and committed to leveraging their complementary strengths, particularly during a time of intensifying conflicts around the world.

    Canada commended the UAE’s global leadership in humanitarian and mediation efforts, including in Gaza, where the UAE has emerged as the largest bilateral aid donor, and in Ukraine, where the UAE has facilitated 15 prisoner-of-war exchanges, consistent with Canada’s ongoing efforts to address the human dimension of the war. These efforts underscore a shared commitment to upholding international humanitarian law and fostering dialogue in times of conflict. Both sides emphasized the importance of pursuing durable and just solutions grounded in international law and inclusive political processes. They expressed their mutual intent to continue working together on their shared goals of advancing stability and development, promoting tolerance and coexistence, protecting human dignity, and addressing hate speech, discrimination and all forms of extremism.

    People to People: Canada and the UAE celebrated their deepening people-to-people ties, which serve as a cornerstone of the growing bilateral partnership. Canada welcomed the increasing number of Emirati students in Canadian higher education institutions, reflecting mutual recognition of academic excellence. The UAE acknowledged the valuable contributions of the more than 60,000 Canadians living and working in the Emirates, who continue to enrich the diversity, innovation and vibrancy of UAE society.

    The two countries also stressed their shared commitment to cultural exchange and intercultural dialogue to foster mutual understanding and respect. Both sides recognize the landmark presentation of the “As the Sun Appears from Beyond” exhibition, which celebrates the richness and diversity of contemporary Islamic art, and recently showcased in Toronto through a partnership between the Aga Khan Museum and the UAE Ministry of Culture.

    Conclusion: The two sides reaffirmed their strong and growing relationship, rooted in mutual respect, shared objectives, and a common vision for sustainable prosperity and global stability. The visit marked a significant step forward in the Canada-UAE relationship. Both countries are committed to maintaining high-level engagement, concluding further mutually beneficial instruments, and building a durable, forward-looking partnership that delivers tangible benefits for their peoples and contributes to global peace and prosperity.

    MIL OSI Canada News –

  • MIL-OSI New Zealand: Frequently asked questions (FAQs) – changes to vocational education

    Source: Tertiary Education Commission

    Can you please explain the different groups involved in the changes?

    ISBsIndustry Skills Boards

    Industry Skills Boards are new entities that will be established formally from 1 January 2026. 
    They have a core role of standard setting for vocational education across their allocated sectors. They will also work to share the voice of industry and advise TEC about workforce needs.
    Each ISB will be set up through an Order in Council and will be industry led. (Six out of eight board members will come from industry.) 

    ISB EAGsIndustry Skills Boards Establishment Advisory Groups

    These groups will exist from mid-2025 until the end of the year to support the establishment of the new ISBs. 
    Their focus is on governance and organisation establishment rather than industry advocacy. 

    ITPsInstitutes of technology and polytechnics

    ITPs are independent regional polytechnics that will be established in 2026. The location of the first of these will be decided by the government in mid-2025. Further decisions will be made during 2026.

    ITP EAGsInstitutes of Technology and Polytechnics Establishment Advisory Groups

    These groups will exist from mid-2025 until the end of the year to support the set-up of the ITPs that are being established at the beginning of 2026. 
    Their focus is on establishing the regional polytechnics as they are split out from the national entity of Te Pūkenga. 

    ITOsIndustry training organisations

    Before the Reform of Vocational Education in 2023, all work-based training was delivered by ITOs. In 2023, most work-based training done in ITOs moved into Te Pūkenga, becoming the work-based learning divisions. Many of the entities continued to use their ITO branding even though ITOs did not technically exist in the system from 2023. 
    These work-based learning divisions of Te Pūkenga will move into ISBs on 1 January 2026, for up to two years.

    PTEsPrivate training establishments

    PTEs are registered with and quality assured by NZQA. They are training providers who have met specific requirements. Training providers (that are not a university, polytechnic or wānanga) must hold PTE registration to be eligible for TEC funding. PTEs may be companies or not-for-profit organisations.

    VETVocational education and training

    Vocational education and training includes all provision at Levels 3 to 7 (non-degree) of the New Zealand Qualifications and Credentials Framework, as well as Level 2 when it is delivered in the workplace.
    It does not include degree-level provision or foundation education.
    VET can be delivered in the workplace (work-based) in a classroom/campus setting (provider-based) or by distance and online learning (extramural). 

    TECTertiary Education Commission

    TEC’s core role in the VET system is funding. We fund the provision at this level in line with funding mechanisms from government.

    NZQANew Zealand Qualifications Authority

    NZQA assures the quality and integrity of New Zealand qualifications. They register providers, quality assure programmes and, for some areas, act as a standard setter. They also oversee the Education (Pastoral Care of Tertiary and International Learners) Code of Practice.

    Work-based learning divisions
    When the work-based learning divisions move into ISBs on 1 January 2026, will they stop enrolling new learners?
    No. At this point we expect that all work-based learning divisions will still be enrolling new learners from 1 January.
    When we have reached the point where there are sufficient providers for a sector, we will:
     (a) not fund additional providers; and
     (b) require ISBs to cease enrolling new learners (if provision remains with them).
    ISBs will have the role of informing TEC about the network of work-based learning provision (number and types of providers) that industry needs. This will inform the funding of new providers, and the expectations on the work-based learning divisions.
    ISBs will begin this work in January 2026, and we expect it to take time for them to gather this information from industry.
    Why is work-based learning moving to the ISBs?
    We appreciate that learners, employers and educators may have some concerns about possible disruption to work-based training because of the upcoming changes. The transition period (2026–2027) has been put in place to minimise disruption for learners and employers as the functions currently under Te Pūkenga work-based learning lift-and-shift unchanged into the ISBs.
    Will the work-based learning divisions of the new ISBs be able to continue developing programmes? Or does all new development stop on 1 January 2026?
    The focus for work-based learning during the transition period (where the training units sit within the ISBs) will be on preparing for transfer, rather than growing. There will, however, be cases where new standards, credentials or qualifications will be required to meet industry needs. In these cases, new provision will be supported.
    What is happening with ITOs?
    ITOs ceased to exist in 2022, although many Te Pūkenga work-based learning business divisions continued to use their old ITO names. Te Pūkenga work-based learning divisions will move temporarily into ISBs. This work-based learning will move into providers (including polytechnics, wānanga and PTEs) by 31 December 2027.
    Industry Skills Boards
    How many ISBs are there and what do they cover?
    We are currently awaiting decisions on the number of ISBs and their broad coverage.
    Further consultation will happen later this year when the ISB EAGs consult around detailed coverage as part of the Order in Council (OIC) process to formally establish the ISBs.
    Why are you putting standard setting and delivery/arranging of training back together?
    The training functions that are moving into the ISBs will only be there temporarily. By January 2028, no training will be delivered by ISBs. During the transition period, the training unit will sit within the ISB but will not be fully integrated into it.
    How will you ensure ISBs manage the conflict of interest involved with being both the standard setter and a training deliverer?
    During the transition period, each training unit will sit within the relevant ISB but will not be fully integrated into it, as this arrangement is only temporary.
    If industries are grouped together in one ISB, will they stop having unique qualifications?
    No. ISBs will be able to create and maintain standards, credentials and qualifications that are specific to the sectors they cover – in the same way Workforce Development Councils (WDCs) do.
    I am worried that ISBs will only look after work-based learning.
    ISBs will create and maintain standards, credentials and qualifications for all the sectors they cover at the vocational level. This will include products that support provider-based (including polytechnic) delivery, and extramural programmes as well as work-based learning.
    How will industry continue to have a voice in the system when there is only provider-based learning for their sector?
    An ISB will take on vocational standard setting for its entire sector, not just for the work-based learning elements. This means it will be responsible for all standards, credentials and qualifications for that sector.
    The term “industry” is very broad. When you say industry will inform choices who do you mean?
    ISBs have a role in communicating industry voice, and their governance will be industry led. ISBs will work with established industry groups and associations as well as employers and other sector stakeholders. ISBs will be expected to put in place mechanisms that identify the needs of all industries they represent.
    What expectations does TEC have regarding collaboration between the ISB Establishment Advisory Groups?
    We have an expectation for all ISBs and ISB Establishment Advisory Groups that they work together cooperatively, especially where the qualifications they cover will impact multiple sectors.
    What will happen to WDCs? What will be done to ensure expertise in WDCs is retained in the new system?
    The standard-setting functions of WDCs will continue until the end of 2025, when they will be disestablished and ISBs will be stood up. In the upcoming months, WDCs will develop plans to transfer relevant functions to ISBs.
    ISBs have a more targeted role than WDCs. It is expected that WDC staff involved in these functions will transition into ISBs.
    PTEs that deliver work-based training
    What happens to work-based learners and apprentices who are studying through a PTE?
    There is currently a small network of PTEs that are funded by TEC to deliver work-based learning. These PTEs will be able to continue enrolling and delivering the provision they currently do.
    All TEC funded providers are given a funding allocation for the year and their enrolments must stay within that allocation. There is no guarantee of funding for providers that enrol above their allocation.
    Who is responsible for determining who is eligible to become a new PTE or work-based provider? What will the criteria be?
    NZQA determines whether an organisation has the appropriate capability to become a registered provider (PTE). TEC determines whether the provider’s offering is suitable for government funding. Funding decisions will be informed by industry preferences about a network of provision.
    How does a PTE start being TEC funded to deliver work-based learning?
    Currently we will only fund new work-based learning PTEs in cases where the provider can demonstrate significant industry support. Our requirements for this will be stringent. For details, see Application to receive TEC funding.
    ISBs will work with industry during 2026 and beyond to understand the network of work-based learning provision that each sector needs. This information will inform TEC funding. Until this information is received, TEC will not have a clear picture of what provision will be both sustainable and sufficient to meet industry needs.
    In most cases we encourage providers to read the guidance information about what we are looking for in work-based learning and start to prepare for future opportunities.
    These same criteria will be applied to existing work-based learning providers that may wish to expand their provision.
    What are the new funding parameters for work-based learning? This is a critical pathway for all providers as business owners.
    See the TEC website for work-based learning funding rates.
    Managed apprenticeships
    Do Managed Apprentices stay with their Polytech provider or move to an ISB in January 2026?
    Currently, no changes are expected for Managed Apprentices already enrolled with a Polytechnic.
    We are currently working through the detail of what Managed Apprenticeships will look like in the future. Like other work-based provision, we do not want to see expansion before ISBs have had the opportunity to consider the network of provision needed for their sectors.
    The stand up of regional ITPs
    How do we find out which polytechnics will be standalone and which will be part of a federation?
    These decisions are being worked through. We will update this information when details are available.
    Will regional ITPs be able to offer programmes nationally?
    Institutes of Technology and Polytechnics (ITPs) are being set up to deliver regionally, to maximise the strength of local knowledge. We expect that this will be the main focus of their provision, however, we will consider other arrangements if these have the support of industry.
    Secondary/tertiary provision
    What is happening with standard setting and delivery for secondary to tertiary transition programmes like Gateway and Trades Academies?
    We will be looking at how these programmes will be supported, and expect this information to be covered in the transition plans developed by WDCs and Te Pūkenga work-based learning divisions.

    MIL OSI New Zealand News –

  • MIL-OSI China: China earmarks 300 mln yuan to support local authorities’ disaster response

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

    BEIJING, June 23 — China has earmarked 300 million yuan (about 41.8 million U.S. dollars) of central government funding to support local authorities in dealing with natural disasters and carrying out emergency rescue efforts, the Ministry of Finance (MOF) said on Monday.

    The funds, allocated by the MOF and the Ministry of Emergency Management, were provided to seven provincial-level regions, including Hunan, Guangdong, Chongqing, Guizhou and Hubei.

    The funding support comes as some parts of south China experience heavy rains, leading to severe flooding and geological disasters in certain regions, according to the MOF.

    The funds will be used for emergency response and rescue efforts, the evacuation and resettlement of affected people, the removal of hazardous objects, risk mitigation, and risk inspections to prevent secondary disasters, it said.

    MIL OSI China News –

  • MIL-OSI Security: Defense News: U.S. Army Garrison Italy remembers longtime auto skills mechanic

    Source: United States Army

    Gene Willie Strahan Jr., a devoted automotive mechanic, beloved colleague and cherished friend, passed away on June 10, 2025. (Photo Credit: U.S. Army) VIEW ORIGINAL

    VICENZA, Italy – The military communities of U.S. Army Garrison Italy, including Vicenza and Camp Darby, are mourning the loss of Gene Willie Strahan Jr., a devoted automotive mechanic, beloved colleague and cherished friend.

    Strahan knew cars—especially BMWs, his favorite. Friends described him as a gentle giant who loved car shows, fishing and spending time with his tiny dog, Thor.

    A U.S. Army veteran, Strahan served in Germany in the 1980s. As a civilian, he began working in Mannheim, Germany. He later moved to Camp Darby, where he worked as a contractor and later at the post exchange. Many remember him from his time at Camp Darby’s Auto Skills Center. Following downsizing there, Strahan relocated to Vicenza, where he worked at the Auto Skills Center, part of the Directorate of Family and Morale, Welfare and Recreation.

    Strahan’s love of cars translated to a sincere dedication to community members who sought his help. He offered mechanical expertise to soldiers and civilians at Caserma Ederle with humility and genuine warmth. A few minutes in the shop with Strahan often felt more like catching up with an old friend than speaking with a mechanic.

    Over the years, Strahan earned several awards for his work. But his joy came from engaging with the community and making connections that lasted.

    News of his June 10 passing sparked an outpouring of online condolences from Americans and Italians in Vicenza and Camp Darby, as well as friends around the world who remembered his kindness during their time in Italy.

    Jimmy Roddy, DFMWR’s Business Recreation Division chief, first met Strahan 24 years ago at Camp Darby. There, Strahan helped organize the summer car show and became known for offering help to anyone with automotive issues.

    “A big guy, big smile with a bigger heart—always helpful,” Roddy said. “He was very low-key, for as big as he was. He was a gentle giant.”

    Strahan loved to fish as much as he loved cars. Mostly, he loved helping the community solve their auto repair problems. (Photo Credit: U.S. Army) VIEW ORIGINAL

    Nicknamed “The Frenchman” by fishing buddies, Strahan was born on Dec. 7, 1963 in France into a military family. He grew up around Army bases, to include time in Germany.

    Timothy Gordon, a friend from the Camp Darby days, recalled spending long hours fishing Italian rivers with him—a tradition that continued after both relocated to Vicenza. Another shared passion was cars.

    “If you asked him about a BMW, he could tell you about it from top to bottom,” Gordon said.

    In Vicenza, Strahan was often seen with Thor, a canine companion that went with him nearly everywhere.

    “The smallest dog you could imagine with the biggest man you could ever imagine,” Gordon said. “People would just watch them walk down the road. He just loved small dogs.”

    Strahan also befriended Soldiers, including Spc. Haron Palomo, a volunteer at the Auto Skills Center. Over the past two years, they joked, shared stories and discussed car repairs while Palomo restored a 1993 Honda Civic. As he did with other customers, Strahan offered tips on finding affordable parts.

    “Sadly, he didn’t get to see it finished,” Palomo said.

    Strahan is survived by his mother, daughter, sister and brothers, including Michael Strahan, a television host and former professional football player.

    A memorial service will be held at noon on June 25 at Caserma Ederle’s Chapel. A second service is scheduled for noon on June 26 at Camp Darby’s chapel.

    MIL Security OSI –

  • MIL-OSI USA: CFTC’s Division of Market Oversight Seeks Public Comment on Proposed No-Action Position to MIAX Futures Exchange, LLC

    Source: US Commodity Futures Trading Commission

    WASHINGTON, D.C. — The Division of Market Oversight (DMO) of the Commodity Futures Trading Commission is seeking public comment on a proposed no-action position to MIAX Futures Exchange, LLC (MIAX Futures), a designated contract market (DCM), pursuant to Commission Regulation 140.99. Comments must be submitted by 12 p.m. EDT on June 25, 2025.
    By letter dated June 23, 2025, MIAX Futures requested that DMO issue a letter stating that it will not recommend enforcement action to the Commission in connection with MIAX Futures’ temporary provision for the trading of Minneapolis Hard Red Spring Wheat (HRSW) options on futures (HRSW Options) exclusively through block trades. The requested relief is necessary due to the unavailability of an electronic trading system for the HRSW Options and is intended to allow market participants, including those who are not eligible contract participants (ECPs) as defined in section 1a(18) of the Commodity Exchange Act (CEA), to trade or offset open positions. 
    MIAX Futures has proposed amendments to its rulebook, effective from June 30 through August 29, 2025, to: (i) permit block trading of HRSW Options outside of a centralized market; (ii) lower the block trade threshold for HRSW Options from 15 contracts to one contract; and (iii) permit non-ECPs to participate in block trades of HRSW Options.  
    In order to implement these rulebook amendments, MIAX Futures seeks no-action relief from DCM Core Principle 9, Commission Regulation 1.38, and CEA section 5c(c) and related regulations under Part 40. Staff proposes granting time-limited relief, as described in the proposed letter, to reduce the risk of market disruption and to provide market participants additional time to manage or exit open positions in HRSW Options.
    Due to the novelty of MIAX Futures’ block-trade only proposal, DMO seeks public comment on the above issues. The abbreviated comment period is necessary to facilitate a timely decision in advance of the proposed June 30, 2025, trading date – when the current electronic trading system will cease to be available – if the requested relief is granted. 
    Comments may be submitted electronically through the CFTC’s online portal. All comments will be posted on CFTC.gov. MIAX Futures’ request for a no-action position is available here. DMO’s proposed no-action letter is available here.

    MIL OSI USA News –

  • MIL-OSI: DRML Miner Launches XRP and DOGE Cloud Mining Support Amid Growing Demand for Passive Crypto Income

    Source: GlobeNewswire (MIL-OSI)

    LONDON, UK, June 23, 2025 (GLOBE NEWSWIRE) — DRML Miner, a leading global cloud mining platform, today announced the official launch of mining support for XRP and DOGE, two of the most actively traded cryptocurrencies on the market. This move provides users with an accessible and hardware-free opportunity to generate passive income, reinforcing DRML Miner’s commitment to lowering the barrier to entry for crypto investors worldwide.

    The expansion of services comes at a pivotal moment for digital asset holders. While XRP continues to build momentum in cross-border payments and DOGE retains strong community support and high-profile visibility, both tokens have seen recent price stabilization. In response, investors are increasingly exploring alternatives such as cloud mining to maintain consistent yields amid market volatility. 

    “With growing interest in low-risk, income-generating crypto services, adding support for XRP and DOGE was a logical next step for us,” said a DRML Miner spokesperson. “We’re proud to offer a secure, user-friendly platform where anyone—from beginners to seasoned investors—can earn crypto effortlessly.” 

    DRML Miner: Empowering Users Through Cloud-Based Innovation 

    Founded in 2010 and based in the United Kingdom, DRML Miner is a fully regulated platform that serves more than 8 million users in over 180 countries. The company’s infrastructure is powered by renewable energy and hosted in high-performance data centers, offering a sustainable and secure environment for digital asset mining. 

    Key Features of DRML Miner: 

    • New Users Receive a $10 Bonus upon registration 
       
    • Daily Rewards simply for logging in 
       
    • No Hidden Fees and fully transparent mining contracts 
       
    • Support for 11+ major cryptocurrencies, including BTC, ETH, SOL, and USDT 
       
    • Flexible contract options tailored to all budgets and risk profiles 
       
    • Industry-standard security from McAfee® and Cloudflare® 
       
    • 24/7 real-time customer support in multiple languages 
       
    • Referral rewards with lifetime commission bonuses 
       

    With the launch of XRP and DOGE support, users can now diversify their portfolios and earn daily income automatically, without the need for technical knowledge or expensive hardware. 
     

    Timely Opportunity for Long-Term Crypto Holders 

    As market uncertainty rises, stable platforms like DRML Miner are becoming increasingly attractive for individuals seeking long-term value in crypto investments. With the introduction of XRP and DOGE mining, DRML Miner offers a timely solution for users to optimize their holdings and participate in a secure, transparent ecosystem. 

    The official DRML Miner mobile app is now available for download, enabling users to monitor earnings and manage their accounts on the go. 

    About DRML Miner 

    DRML Miner is a UK-based global cloud mining platform founded in 2010. With over 8 million users in 180+ countries, the company offers a secure, user-friendly way to mine cryptocurrencies without the need for physical hardware or technical expertise. DRML Miner leverages renewable energy and modern data centers to provide an eco-friendly and efficient mining experience. 
     
    Start your mining journey today at https://drmlminers.com 

    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 and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

  • MIL-OSI Banking: Galaxy Unpacked July 2025: The Ultra Experience is Ready to Unfold

    Source: Samsung

    For years, Samsung has designed its devices around what people need: better performance, sharper cameras, and smarter ways to stay connected. But today, the shift isn’t just about what devices can do – it’s also about how people interact with them. As AI rapidly becomes the new user interface, it’s redefining how we interact with our devices. No longer just a collection of apps and tools, the smartphone is evolving into smart companions that understands user intent and responds in real time. This transformation moves us from reaction to anticipation – where, as AI becomes the UI, intent becomes instant.
    This future is already unfolding, and the best of Galaxy AI1 and Samsung craftsmanship is set to be unveiled. Galaxy devices are being reimagined around this new AI-powered interface, supported by breakthrough hardware built to unlock its full potential.

    On July 9, Samsung Electronics will host Unpacked in Brooklyn, New York – a borough with an extraordinary spirit and a distinctive history. Brooklyn is where visionary thinking and bold ideas shape the future, so it’s only fitting that Samsung unveils the latest and greatest additions to the Galaxy portfolio in a place known for its culture, creativity, and collaboration. The event will be streamed live on Samsung.com, Samsung Newsroom, and Samsung’s YouTube channel beginning at 10 a.m. ET, 3 p.m. BST, and 4 p.m. CET.
    Stay tuned and make sure to visit samsungmobilepress.com for all upcoming teasers, trailers and updates ahead of Unpacked 2025 and head over to Samsung.com to learn more about Reserve offers – including how you can earn a $50 Samsung Credit towards the latest Galaxy device.2

    MIL OSI Global Banks –

  • MIL-OSI USA: Duckworth Announces Opposition to Bryan Bedford’s Nomination to be FAA Administrator

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth

    June 23, 2025

    The Senator raises substantial concerns regarding Bedford’s refusal to commit to protecting 1,500-hour pilot training standards that help keep the flying public safe

    [WASHINGTON, D.C.] – Today, U.S. Senator Tammy Duckworth (D-IL)—a member of the U.S. Senate Committee on Commerce, Science and Transportation (CST) and Ranking Member of the CST Aviation Subcommittee—issued the following statement announcing her strong opposition to Bryan Bedford’s nomination to serve as Federal Aviation Administrator. Her announcement comes after Bedford refused to commit to upholding the 1,500-hour certification standard for our nation’s pilots after Duckworth pressed him on the issue.

    “It is deeply disturbing that at this critical moment in aviation safety Mr. Bedford refuses to commit to upholding the 1,500-hour pilot training requirement. Amid a surge in near-misses, an air traffic controller shortage, aging air traffic control equipment and facilities, and in the wake of the first major deadly commercial crash in more than a decade, now is not the time to weaken flight hour requirements for all aspiring airline pilots. Incident after incident, it has been pilots who have made last second decisions to avert disaster. Well-trained pilots are our last line of defense, and I cannot support a nominee who as a corporate executive prioritized—and gained notoriety for—his failed effort to convince the FAA to exempt him from the 1,500-hour rule and let him hire less experienced pilots. I will be voting no on Mr. Bedford’s nomination.”

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

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

    Last week, the families of the Colgan Air Flight 3407 crash announced their opposition to Bedford’s nomination.

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

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

    -30-

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Greater security delivered for the British people with record billion-pound investment in new national biosecurity centre

    Source: United Kingdom – Government Statements

    Press release

    Greater security delivered for the British people with record billion-pound investment in new national biosecurity centre

    Huge investment in new National Biosecurity Centre to protect the British public and the economy from future pandemics.

    The country’s ability to prevent a future pandemic has been significantly enhanced today (Tuesday 24th June) with the announcement of a £1 billion investment in a new National Biosecurity Centre.

    This funding will deliver the next phase of a new National Biosecurity Centre – a cutting-edge scientific campus in Surrey that will serve as the UK’s foremost animal biosecurity facility.

    The investment is one part of the new National Security Strategy, to be published today, which marks a step change in this country’s approach to securing British interests whilst also creating jobs, wages, and growth for the British people as part of the Government’s Plan for Change.

    Animal disease outbreaks represent a serious and increasing risk to public health, food security, and the UK economy. Approximately 60% of all known human infectious diseases are zoonotic, meaning they can be transmitted from animals to humans. Furthermore, about 75% of emerging infectious diseases originate in animals, making the fight against these diseases about human health and security too.

    Without strong and modernised biosecurity infrastructure, disease incursions could severely impact our farmers, agricultural production, devastate rural communities and disrupt key supply chains. The export of livestock, meat and meat products, dairy and animal by-products is worth £16 billion per year alone to the UK economy.

    The funding will now enhance the country’s detection, surveillance and control capabilities for high-risk animal diseases such as avian influenza, foot and mouth disease and African swine fever, whilst enhancing our ability to manage concurrent disease outbreaks.

    Environment Secretary Steve Reed said:

    The first role of any Government is national security.

    That is why we are making a record investment into the nation’s biosecurity capabilities, and in turn our national security, after years of chronic underfunding.

    Farmers and food producers will now be better protected from diseases, our food security strengthened, and public health better safeguarded against future pandemics. This government is getting on with delivering on our Plan for Change.

    The new National Biosecurity Centre will play an essential role in addressing the full range of biological threats we face, including from hostile nations, and will ensure that the UK retains the scientific capability, infrastructure and expertise needed to lead international efforts to identify, manage, and mitigate disease threats in the years ahead.

    The high containment laboratories for animal health, run by the Animal & Plant Health Agency at Weybridge in Surrey, urgently need renewal to handle escalating disease risks, which are growing in the face of our changing climate. The Government inherited laboratories in poor condition with their long-term future in doubt and the country facing increased risk without action.

    The new facility will join a network of national centres set up by the Cabinet Office under the UK Biological Security Strategy and announced in the National Security Strategy. This new network of government laboratories provides a sovereign capability that keeps the public safe and is essential to responding to biological security risks.

    The network will strengthen and formalise existing collaborations between the UK Health Security Agency, the Animal and Plant Health Agency and the Defence Science and Technology Laboratory. It will ensure we are better prepared for a crisis, can respond more effectively when an incident does happen and deliver a more holistic approach to biological research.

    Jenny Stewart, Senior Science Director at the Animal and Plant Health Agency, said:

    This funding is a vital milestone in the delivery of a world-leading facility that will protect the UK from animal disease threats for decades to come.

    Our scientists and specialists at Weybridge are at the heart of the UK’s disease surveillance and response capability and provide a global centre of expertise.

    Investment on this scale will enable them to continue their critical work in modern, fit-for-purpose facilities, supported by the very latest technologies.

    Preparatory work at the Weybridge site is already underway. Planning Consent has been secured, and a contractor has been appointed to build the main new facilities. The first interim labs to support critical science while we transform the site will be ready in 2027 and 2028. The main construction works start in 2027, with the full NBC live and operational in 2033/34.

    Updates to this page

    Published 24 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: UK Government honours exceptional exporters with Made in the UK, Sold to the World Awards

    Source: United Kingdom – Government Statements

    Press release

    UK Government honours exceptional exporters with Made in the UK, Sold to the World Awards

    Twelve exceptional UK-based SMEs have been named today as winners of the Department for Business and Trade’s 2025 Made in the UK, Sold to the World Awards.

    • Twelve SMEs announced as winners of the 2025 Made in the UK, Sold to the World Awards 
    • Now in their third year, the awards celebrate outstanding small businesses achieving exporting success 
    • Winning entries highlight the UK’s strength in sustainability and AI innovation 

    From ethical metal recycling to AI-driven edtech and digital identity, twelve exceptional UK-based SMEs have been named today as winners of the Department for Business and Trade’s (DBT) 2025 Made in the UK, Sold to the World Awards. 

    Now in their third year, the awards celebrate the international growth of the UK’s most dynamic small businesses. While the awards naturally reflect the sectoral diversity of British innovation, this year’s winners signal a global appetite for UK leadership in two high-growth areas: sustainability and artificial intelligence. From Osbit’s offshore wind infrastructure to Twin Science’s gamified climate action kits and ubloquity’s AI-enhanced trade platform, British SMEs are exporting solutions to tackle some of the world’s most urgent challenges. 

    Gareth Thomas, Minister for Services, Small Businesses and Exports, said: 

    The innovation and entrepreneurship shown by the businesses entering the Made in the UK, Sold to the World Awards demonstrate the best of British business. 

    When small businesses export, the whole economy benefits. By celebrating the outstanding international trade achievements of UK SMEs, we hope to encourage more businesses to get on the exporting ladder and take the best of Britain to markets around the world.   

    This year’s winners were chosen from hundreds of entries across 12 sector-focused categories, including two new areas—Digital & Technology and Export Services—introduced to reflect evolving global opportunities. Each category includes one winner and up to three highly commended businesses. 

    In the Digital & Technology category, Porotech stood out for its AR and AI-powered wearables, with 90% of revenue from exports and partnerships with Amazon, Microsoft and Foxconn. Twin Science & Robotics, winner in Education & EdTech, exports to over 40 countries and has seen 70% annual revenue growth through its STEM kits focused on AI, robotics and climate literacy. 

    Sustainability also remains a major theme across the winners. Osbit, winner in Low Carbon Energy, delivers mission-critical offshore wind technology, with 65% of revenue from exports. Meanwhile, Avon Specialty Metals, recognised in Advanced Manufacturing & Construction, recycles high-performance metals and alloys and has grown international sales by 192% over three years. 

    Winners like Gerald McDonald & Company (Agriculture, Food & Drink) and LIMB-art (Healthcare) underscore the global demand for British-made, high-quality products. From innovative prosthetics to premium fruit derivatives, these SMEs prove that exporting drives resilience, expansion and innovation. 

    This year’s winners will receive a bespoke promotional package, including a one-year membership to the Chartered Institute of Export & International Trade, a working capital masterclass with Lloyds Bank, an invitation to the winners’ reception in London, professional photography of their business, bespoke promotion on DBT channels and a digital badge, certificate and trophy to commemorate their achievements. 

    By creating jobs, driving innovation and exporting world-class British products and services, these businesses are making a vital contribution to the Government’s mission to go further and faster for economic growth as part of its Plan for Change.  

    A key part of this mission is supporting SMEs to grow, scale and enter global markets—recognising that when more businesses trade internationally, the entire UK economy benefits. Exporting supports a fifth of UK employment1, paying on average 7% higher wages2 and delivering 21% higher productivity for goods exporters3. 

    To help achieve its mission, the Government recently revamped the Board of Trade to boost SME exports and will soon launch its Trade Strategy. This will set out its approach to maximising export opportunities, including those arising from recently signed agreements with India, the US and the EU. 

    For free help selling to the world, visit business.gov.uk 

    2025 Winners of the Made in the UK, Sold to the World Awards: 

    • Advanced Manufacturing & Construction – Avon Specialty Metals (Gloucester): Selling to 20+ countries with exporting accounting for 31% of revenue from sustainable alloy/metal recycling and AI-driven processing 

    • Agriculture, Food & Drink – Gerald McDonald and Company Ltd (Basildon, Essex): World’s largest supplier of premium Japanese yuzu juice, exporting to 4 continents 

    • Consultancy & Professional Services – Champions Speakers (Loughborough): Exporting to 66 countries, 122% growth in two years 

    • Creative Industries – Luminous Show Technology (Exeter): Special effects hardware used in Harry Potter and the Commonwealth Games, with 35% export revenue 

    • Digital & Technology – Porotech (Cambridge): 90% export revenue; cutting-edge AR and AI display tech 

    • Education & EdTech – Twin Science & Robotics Ltd (London): STEM tools used in 40+ countries, 93% export revenue 

    • Financial Services & FinTech – Ozone Financial Technology Ltd (London): Exports to 15 countries; 77% of revenue from international markets 

    • Healthcare – LIMB-art (Conwy, Wales): Stylish prosthetics sold in 10 countries; 30% of revenue from exports 

    • Infrastructure & Engineering – Maritime Developments Limited (Aberdeen): 92% export revenue from offshore energy tech 

    • Low Carbon Energy – Osbit (Riding Mill, Northumberland): Bespoke offshore wind equipment exported to 9 countries 

    • Retail & Consumer Goods – Jenolite UK Ltd (Biggleswade, Bedfordshire): Iconic rust removal brand exporting to 50+ countries, with £2.9M in export revenue 

    • Export Services – ubloquity (Scarva, Northern Ireland): AI, blockchain and digital identity solutions empowering businesses to scale globally  

    2025 Highly Commended Businesses: 

    • Advanced Manufacturing & Construction – Bespoke Stairlifts (Huddersfield), Delta-Xero Distribution Ltd (Fareham), John King Chains (Leeds) 

    • Agriculture, Food & Drink – Evenproducts Ltd (Evesham), PBS International (Crawley), Nourished (Birmingham) 

    • Consultancy & Professional Services – Jean Edwards Consulting (Brighton), Landell Mills (Wiltshire), The Config Team (Cumbria) 

    • Creative Industries – Jesmonite (Shropshire), Rainbow Productions (London), Wild Creations (Cardiff) 

    • Digital & Technology – Hitomi Broadcast (Maidenhead), iLivestock (Dunfermline), uqudo (Manchester) 

    • Education & EdTech – Alphablocks (London), Learning Resource Network (London), Lincoln College (Lincoln) 

    • Financial Services & FinTech – Bueno Europe (Birmingham), Hoptroff (London) 

    • Healthcare – Black Space Technology (Birmingham), Birmingham Biotech (Birmingham), Novocuris (London) 

    • Infrastructure & Engineering – Rosehill Polymers (West Yorkshire), Direct Access (Nantwich), Atmos International (Manchester) 

    • Low Carbon Energy – Munro Vehicles (Glasgow) 

    • Retail & Consumer Goods – RSscan Lab (Ipswich), Dr.PAWPAW (London), The British Hamper Company (Lincoln) 

    • Export Services – Intralink (Oxford), Abex Infoway Europe Ltd (London)

    Updates to this page

    Published 24 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Australia: NAB appoints Group Executive for Digital, Data and Artificial Intelligence

    Source: Premier of Victoria

    NAB today announced the appointment of Pete Steel as Group Executive, Digital, Data & Artificial Intelligence.

    In this new role reporting to NAB Group Chief Executive Officer, Andrew Irvine, Mr Steel will lead the bank’s digital, data and AI teams and initiatives to deliver better experiences for customers. He will also be accountable for design, customer onboarding and NAB’s digital bank ubank.

    “Digital, data and AI are critical enablers for the delivery of our strategic ambition of customer-centricity and now is the right time to have an executive solely accountable and focussed on accelerating our progress in these areas,” Mr Irvine said.

    “Pete’s deep experience in using digital and technology solutions to deliver for customers and driving commercial outcomes will be a valuable addition to my Executive Leadership Team.”

    Mr Steel is Managing Director, Customer Engagement, at Lloyds Banking Group in the UK, leading a division of approximately 16,000 people responsible for consumer sales and service, digital, artificial intelligence, personalisation, branches, call centres and advisers.

    Prior to joining Lloyds, he founded fintech startup Expertli and served as a Senior Adviser on digital transformation at Boston Consulting Group. Previously, he spent 16 years at CBA in executive roles including Group Chief Digital Officer.

    Mr Steel will start at NAB on January 5, 2026, subject to regulatory approvals and on completing his employment at Lloyds.

    Following these changes, Group Chief Operating Officer Les Matheson will continue to have responsibility for several of NAB’s key strategic priorities including Business-led Technology Modernisation, Payments, Customer Experience, Group Marketing and Enterprise Simplification.

    Announcements

    SEE ALL TOPICS

    Media Enquiries

    For all media enquiries, please contact the NAB Media Line on 03 7035 5015

    MIL OSI News –

  • MIL-OSI: Lysander Funds Limited Announces Management Fee Reductions, Change in Portfolio Manager and Change in Risk Ratings for Certain Funds

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Lysander Funds Limited (“Lysander”) announced today management fee reductions, change in portfolio manager and change in risk ratings for certain of its mutual funds.  Details of these changes are set out below.

    Management Fee Reductions

    Effective June 25, 2025, the management fees for Series A and Series F units of Lysander-Seamark Total Equity Fund will be lowered from 2.00% to 1.80%, and from 1.00% to 0.80%, respectively.

    Change in Portfolio Manager

    Effective June 25, 2025, Lysander-Canso Canadian Alumni Balanced Fund will change its portfolio manager from Canso Investment Counsel Ltd. (“Canso”) to Lysander.

    Concurrently with the change in portfolio manager, the name of the fund will change to “Lysander Canadian Alumni Balanced Fund”.

    The fund’s investment objectives, investment strategies and management fees remain the same. 

    Change in Risk Ratings

    In accordance with the investment risk classification methodology mandated by the Canadian Securities Administrators, Lysander has changed the investment risk rating of certain of its funds, as follows:

    Fund Previous Risk Rating New Risk Rating
    Lysander-Patient Capital Equity Fund Medium Low-to-Medium
    Lysander-Canso All Country Long/Short Equity Fund Low-to-Medium Medium
         

    No changes have been made to the investment objectives of these funds.
    ______________________________________________________________________________

    Lysander is the trustee and investment fund manager of the funds noted above.  The head office of Lysander is located at 3080 Yonge Street, Suite 4000, Toronto, Ontario   M4N 3N1.

    For further information on Lysander, please visit www.lysanderfunds.com, email manager@lysanderfunds.com or you can reach Lysander at 1-877-308-6979.

    Richard Usher-Jones
    President
    Lysander Funds Limited
    Tel. No. 416-640-4275
    Fax No. 416-855-6515

    Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

    The MIL Network –

  • MIL-OSI: WISeKey’s Subsidiaries WISeSat and SEALSQ Launch New Satellite with SpaceX, Enabling the First-Ever DePIN from Space and Advancing Quantum-Safe Space Communications

    Source: GlobeNewswire (MIL-OSI)

    Courtesy of SpaceX

    WISeKey’s Subsidiaries WISeSat and SEALSQ Launch New Satellite with SpaceX, Enabling the First-Ever DePIN from Space and Advancing Quantum-Safe Space Communications

    SEALSQ and WISeSat are setting the foundation for a new generation of cyber-resilient, quantum-ready space systems, redefining global digital trust from orbit

    Geneva, Switzerland, June 23, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary WISeSat.Space SA (“WISeSat”), has successfully launched its latest generation satellite WISeSat 3 aboard SpaceX’s Falcon 9 Transporter-14 mission, June 23 at 23:18 CEST from Vanderberg, California. This mission represents a breakthrough in space-based cybersecurity and decentralized infrastructure, marking the first satellite to embed Quantum RootKey from SEALSQ’s Corp. (Nasdaq: LAES) (“SEALSQ”), another subsidiary of WISeKey.

    The new satellite includes cutting-edge technology enabling SEALCOIN token exchanges directly from space, in collaboration with Hedera. Of note, SEALCOIN AG, also a subsidiary of WISeKey, focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform. This innovation establishes the world’s first Decentralized Physical Infrastructure Network (DePIN) launched from orbit, transforming the role of satellites in decentralized finance and secure digital identity.

    Simultaneously, the mission is a pivotal step forward in securing space communications through the implementation of post-quantum cryptography (PQC). PQC is critical for protecting satellite communications against future threats posed by quantum computers, which are expected to render current encryption methods like RSA obsolete. Ensuring data integrity and confidentiality is essential in the space environment, and PQC delivers quantum-resistant algorithms that can be integrated into existing systems, allowing for a seamless transition and protection from both current and emerging risks.

    This satellite architecture supports the integration of PQC within a hybrid framework that enables secure communication between orbital and ground-based infrastructure. By embedding PQC algorithms directly into satellite hardware, the cryptographic processing is isolated from critical systems, thus enhancing security and minimizing vulnerabilities. This approach also allows for secure key generation, distribution, and management, essential functions for trusted data exchange between satellites and Earth stations.

    The cryptographic algorithms being tested onboard follow the latest standards under development by the U.S. National Institute of Standards and Technology (NIST), ensuring that the technology is aligned with global efforts to future-proof digital infrastructure. With this mission, WISeSat and SEALSQ are demonstrating how PQC can not only be deployed in terrestrial networks, but also extended into orbit, safeguarding critical communications for years to come.

    Carlos Moreira, Founder and CEO of WISeKey, commented: “This launch is not only a milestone for decentralized infrastructure in space, but also a strategic move toward making space communications quantum-resilient. By embedding PQC and enabling blockchain-based tokenization from orbit, we are reshaping the way cybersecurity, finance, and space technology converge.”

    Representing WISeSat at the launch was David Fergusson, Board Director of WISeKey, and Executive Managing Director, M&A at Generational Equity. Joining Mr. Fergusson, as a guest of WISeKey was Jon Templeman, CEO of Savior Products and a pioneer in battery technology. Mr. Templeman’s latest innovation is an industry-disruptive ‘shock and vibration management system’ for application to all vehicles–from automobiles to rockets, increasing life-span and reducing material costs.

    Mr. Fergusson commented, “WISeSat’s groundbreaking innovation, pioneering the advancement of post-quantum cryptography, continues to set precedent for the future of trusted communication and data transmission. And it’s an honor to be joined at this historic launch by Jon Templeman, a pioneer in his own right, whose advancements in battery technology will be transformative for companies like WISeSat.”

    The latest satellite launch forms part of a growing WISeSat constellation that delivers sovereign, secure, and scalable satellite services for IoT, digital identity, and trusted data transmission. The launch strengthens Europe’s capabilities in space and cybersecurity, promoting technological independence and leadership in the age of quantum computing.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com

    The MIL Network –

  • MIL-OSI: WISeKey’s Subsidiaries WISeSat and SEALSQ Launch New Satellite with SpaceX, Enabling the First-Ever DePIN from Space and Advancing Quantum-Safe Space Communications

    Source: GlobeNewswire (MIL-OSI)

    Courtesy of SpaceX

    WISeKey’s Subsidiaries WISeSat and SEALSQ Launch New Satellite with SpaceX, Enabling the First-Ever DePIN from Space and Advancing Quantum-Safe Space Communications

    SEALSQ and WISeSat are setting the foundation for a new generation of cyber-resilient, quantum-ready space systems, redefining global digital trust from orbit

    Geneva, Switzerland, June 23, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary WISeSat.Space SA (“WISeSat”), has successfully launched its latest generation satellite WISeSat 3 aboard SpaceX’s Falcon 9 Transporter-14 mission, June 23 at 23:18 CEST from Vanderberg, California. This mission represents a breakthrough in space-based cybersecurity and decentralized infrastructure, marking the first satellite to embed Quantum RootKey from SEALSQ’s Corp. (Nasdaq: LAES) (“SEALSQ”), another subsidiary of WISeKey.

    The new satellite includes cutting-edge technology enabling SEALCOIN token exchanges directly from space, in collaboration with Hedera. Of note, SEALCOIN AG, also a subsidiary of WISeKey, focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform. This innovation establishes the world’s first Decentralized Physical Infrastructure Network (DePIN) launched from orbit, transforming the role of satellites in decentralized finance and secure digital identity.

    Simultaneously, the mission is a pivotal step forward in securing space communications through the implementation of post-quantum cryptography (PQC). PQC is critical for protecting satellite communications against future threats posed by quantum computers, which are expected to render current encryption methods like RSA obsolete. Ensuring data integrity and confidentiality is essential in the space environment, and PQC delivers quantum-resistant algorithms that can be integrated into existing systems, allowing for a seamless transition and protection from both current and emerging risks.

    This satellite architecture supports the integration of PQC within a hybrid framework that enables secure communication between orbital and ground-based infrastructure. By embedding PQC algorithms directly into satellite hardware, the cryptographic processing is isolated from critical systems, thus enhancing security and minimizing vulnerabilities. This approach also allows for secure key generation, distribution, and management, essential functions for trusted data exchange between satellites and Earth stations.

    The cryptographic algorithms being tested onboard follow the latest standards under development by the U.S. National Institute of Standards and Technology (NIST), ensuring that the technology is aligned with global efforts to future-proof digital infrastructure. With this mission, WISeSat and SEALSQ are demonstrating how PQC can not only be deployed in terrestrial networks, but also extended into orbit, safeguarding critical communications for years to come.

    Carlos Moreira, Founder and CEO of WISeKey, commented: “This launch is not only a milestone for decentralized infrastructure in space, but also a strategic move toward making space communications quantum-resilient. By embedding PQC and enabling blockchain-based tokenization from orbit, we are reshaping the way cybersecurity, finance, and space technology converge.”

    Representing WISeSat at the launch was David Fergusson, Board Director of WISeKey, and Executive Managing Director, M&A at Generational Equity. Joining Mr. Fergusson, as a guest of WISeKey was Jon Templeman, CEO of Savior Products and a pioneer in battery technology. Mr. Templeman’s latest innovation is an industry-disruptive ‘shock and vibration management system’ for application to all vehicles–from automobiles to rockets, increasing life-span and reducing material costs.

    Mr. Fergusson commented, “WISeSat’s groundbreaking innovation, pioneering the advancement of post-quantum cryptography, continues to set precedent for the future of trusted communication and data transmission. And it’s an honor to be joined at this historic launch by Jon Templeman, a pioneer in his own right, whose advancements in battery technology will be transformative for companies like WISeSat.”

    The latest satellite launch forms part of a growing WISeSat constellation that delivers sovereign, secure, and scalable satellite services for IoT, digital identity, and trusted data transmission. The launch strengthens Europe’s capabilities in space and cybersecurity, promoting technological independence and leadership in the age of quantum computing.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com

    The MIL Network –

  • MIL-Evening Report: Drone footage captured orcas crafting tools out of kelp – and using them for grooming

    Source: The Conversation (Au and NZ) – By Vanessa Pirotta, Postdoctoral Researcher and Wildlife Scientist, Macquarie University

    Sara Jenkins/500px/Getty

    The more we learn about orcas, the more remarkable they are. These giant dolphins are the ocean’s true apex predator, preying on great white sharks and other lesser predators.

    They’re very intelligent and highly social. Their clans are matrilineal, centred around a older matriarch who teaches her clan her own vocalisations. Not only this, but the species is one of only six known to experience menopause, pointing to the social importance of older females after their reproductive years. Different orca groups have fashion trends, such as one pod who returned to wearing salmon as a hat, decades after it went out of vogue.

    But for all their intelligence, one thing has been less clear. Can orcas actually make tools, as humans, chimps and other primates do? In research out today by United States and British researchers, we have an answer: yes.

    Using drones, researchers watched as resident pods in the Salish Sea broke off the ends of bull kelp stalks and rolled them between their bodies. This, the researchers say, is likely to be a grooming practice – the first tool-assisted grooming seen in marine animals.

    This video shows whales using kelp tools in what appears to be social grooming behaviour. Credit: Center for Whale Research.

    Self kelp: why would orcas make tools?

    Tool use and tool making have been well documented in land-based species. But it’s less common among marine species. This could be partly due to the challenge of observing them.

    This field of research expands what we know these animals are capable of. Not only are orcas spending time making kelp into a grooming tool, but they’re doing it socially – two orcas have to work together to rub the kelp against their bodies.

    To make the tool, the orcas use their teeth to grab a stalk of kelp by its “stipe” – the long, narrow part near the seaweed’s holdfast, where it tethers to the rock. They use their teeth, motion of their body and the drag of the kelp to break off a piece of this narrow stipe.

    Next, they approach a social partner, flip the length of the kelp onto their rostrum (their snout-like projection) and press their head and the kelp against their partner’s flank. The two orcas use their fins and flukes to trap the kelp while rolling it between their bodies. During this contact, the orcas would roll and twist their bodies – often in an exaggerated S-shaped posture. A similar posture has been seen among orcas in other groups, who adopt it when rubbing themselves on sand or pebbles.

    Why do it? The researchers suggest this practise may be social skin-maintenance. Bottlenose dolphin mothers are known to remove dead skin from their calves using flippers, while tool-assisted grooming of a partner has been seen in primates, but infrequently and usually in captivity.

    Orcas across different social groups, ages and genders were seen doing this. But they were more likely to groom close relatives or those of similar age. There was some evidence suggesting whales with skin conditions were more likely to do the kelp-based grooming.

    Humpback whales are known to wear kelp in a practice known as “kelping”. But this study covers a different behaviour, which the authors dub “allokelping” (kelping others).

    A surprise from well-studied pods

    Interestingly, this new discovery comes from some of the most well-studied and famous orcas in the world – a group known as the southern resident killer whales. If you were a child of the 90s, you would have seen them in the opening scene of Free Willy, the movie which set me on my path to study cetaceans.

    These orcas consist of three pods known as J, K and L pods. Each live in the Salish Sea in the Pacific Northwest on the border of Canada and the US.

    Researchers fly drones over these resident pods most days and have access to almost 50 years of observations. But this is the first time the tool-making behaviour has been seen.

    Unfortunately, these pods are critically endangered. They’re threatened by sound pollution from shipping, polluted water, vessel strike and loss of their main food source – Chinook salmon.

    A pod of killer whales off Vancouver, Canada.
    Vanessa Pirotta, CC BY-NC-ND

    Orcas are smart

    In one sense, the findings are not a surprise, given the intelligence of these animals.

    In the Arctic, orcas catch seals by making waves to wash them off ice floes. Before European colonisation, orcas and First Nations groups near Eden hunted whales together.

    They can mimic human speech, while different groups have their own dialects. These animals are awe-inspiring – and sometimes baffling, as when a pod began biting or attacking boats off the Iberian peninsula.

    While orcas are often called “killer whales”, they’re not whales. They’re the biggest species of dolphin, growing up to nine metres long. They’re found across all the world’s oceans.

    Within the species, there’s a surprising amount of diversity. Scientists group orcas into different ecotypes – populations adapted to local conditions. Different orca groups can differ substantially, from size to prey to habits. For instance, transient orcas cover huge distances seeking larger prey, while resident orcas stick close to areas with lots of fish.

    Not just a fluke

    Because orcas differ so much, we don’t know whether other pods have discovered or taught these behaviours.

    But what this research does point to is that tool making may be more common among marine mammals than we expected. No hands – no problem.

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

    – ref. Drone footage captured orcas crafting tools out of kelp – and using them for grooming – https://theconversation.com/drone-footage-captured-orcas-crafting-tools-out-of-kelp-and-using-them-for-grooming-259372

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI New Zealand: Backing fair trade and healthy oceans

    Source: New Zealand Government

    The Government is investing a further $150,000 to support implementation of the WTO Fisheries Subsidies Agreement—ensuring New Zealand exporters can compete on a level playing field while helping protect global fish stocks.

    “This is about backing rules that stop unfair subsidies and make sure all countries are held to the same standards,” Trade and Investment Minister Todd McClay says.

    “It’s in New Zealand’s direct interest to see this Agreement fully implemented—especially in the Pacific, where many of our key partners operate and where our seafood exporters are active.”

    New Zealand’s total contribution now stands at $310,000.

    The 2022 Agreement—ratified by 102 WTO members—will ban subsidies that support illegal, unreported, and unregulated (IUU) fishing, fishing of overfished stocks, and unregulated high seas fishing. Just nine more ratifications are needed for it to enter into force.

    “Unfair subsidies distort global trade and undercut responsible producers like ours. This Agreement ensures a more level global playing field—while also supporting the sustainability of fish stocks we all rely on,” Mr McClay says.

    “New Zealand will continue to push for the Agreement to enter into force and for negotiations on additional rules to conclude quickly.”

    MIL OSI New Zealand News –

  • MIL-OSI: Bitcoin Treasury Corporation Announces Closing of Amalgamation and Concurrent Financing

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to United States news wire services or for dissemination in the United States.

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Bitcoin Treasury Corporation (“Bitcoin Treasury” or the “Corporation”), further to its press releases dated May 22, 2025, May 30, 2025, and June 17, 2025, is pleased to announce that it has completed the previously announced amalgamation, pursuant to which 2680083 Alberta Ltd. (“268”) and Bitcoin Treasury Corporation (pre-amalgamated entity) (“BTCT”) have amalgamated and will continue as one corporation, that will carry on the business of BTCT (the “Transaction”). The Corporation is also pleased to announce that a listing application in respect of the Corporation has been submitted to the TSX Venture Exchange (the “TSXV”) to list the common shares of the Corporation (the “Bitcoin Treasury Shares”). Listing of the Bitcoin Treasury Shares is subject to the TSXV providing final approval thereof (the “Listing”).

    Concurrent Financing

    The Corporation is also pleased to announce that, further to its press release dated May 30, 2025 and prior to the close of the Transaction, BTCT closed a concurrent brokered private placement of 8,407,350 equity subscription receipts and 25,000 convertible debenture subscription receipts (the “Convertible Debenture Subscription Receipts”) at a price of $1,000 per Convertible Debenture Subscription Receipt and a non-brokered private placement of 1,166,000 equity subscription receipts (the “Equity Subscription Receipts”) at a price of $10.00 per Equity Subscription Receipt for aggregate gross proceeds of $120,733,500 (collectively, the “Concurrent Financing”). Canaccord Genuity and Stifel acted as co-lead agents, together with National Bank Financial Markets, BMO Capital Markets, CIBC Capital Markets, Wellington-Altus, Greenhill, a Mizuho affiliate, Research Capital, Haywood Securities, ATB Capital Markets, Independent Trading Group, Richardson Wealth and Ventum Capital Markets (collectively, the “Agents”) in connection with the Concurrent Financing.

    Prior to the close of the Transaction, each Equity Subscription Receipt was converted into one common share of BTCT (“BTCT Share”) and each Convertible Debenture Subscription Receipt was converted into one convertible debenture of BTCT (“BTCT Convertible Debenture”) on a one for one basis.

    In connection with the closing of the Concurrent Financing and as consideration for their services, BTCT paid to the Agents cash fees of $5,979,000.

    Share Consolidation

    Immediately prior to the completion of the Transaction, 268 completed a consolidation of the common shares of 268 (“268 Shares”) based on a ratio of one (1) post-consolidation common share for each 51.66712593 pre-consolidation common shares, resulting in an aggregate of 74,999 268 Shares.

    The Transaction

    Pursuant to the amended and restated amalgamation agreement between 268 and BTCT dated June 16, 2025, among other things, (i) 268 and BTCT have amalgamated pursuant to the provisions of the Business Corporations Act (Alberta); (ii) each holder of BTCT Shares received one Bitcoin Treasury Share in exchange for each BTCT Share held by such holder and the BTCT Shares were cancelled by the Corporation; (iii) each holder of BTCT Convertible Debentures or warrants of BTCT (the “BTCT Convertible Securities”) received one convertible debenture in the Corporation or one warrant of the Corporation, as the case may be, in exchange for each BTCT Convertible Security held by such holder and the BTCT Convertible Securities were cancelled by the Corporation; (iv) each holder of 268 Shares received one Bitcoin Treasury Share in exchange for each 268 Share held by such holder and the 268 Shares were cancelled by the Corporation; and (v) the Corporation adopted the equity incentive plan of BTCT.

    Bitcoin Treasury Share Offering

    Upon final approval from the TSXV of the Listing and the TSXV’s issuance of a “list and halt” bulletin, the Corporation intends to complete a brokered offering of up to 426,650 Bitcoin Treasury Shares at a price of $10.00 per Bitcoin Treasury Share (the “Offered Shares”). This, combined with the Concurrent Financing, will provide aggregate gross proceeds of $125,000,000. The Offered Shares will be issued after the Bitcoin Treasury Shares commence trading on the TSXV, and such Bitcoin Treasury Shares shall immediately be halted. Such Offered Shares will be eligible for investment in RRSPs, RESPs, RRIFs, RDSPs, TFSAs, FHSAs and DPSPs, but will be subject to a statutory hold period of four months plus one day from the date the Offered Shares are issued, in accordance with applicable Canadian securities laws. The offering of the Offered Shares is expected to close on or about the week of June 23, 2025. In connection with the closing of the Offered Shares and as consideration for their services, BTCT anticipates a payment to the Agents a cash commission of $178,950.

    For further information, please contact:

    Bitcoin Treasury Corporation
    Elliot Johnson, Chief Executive Officer
    Phone: 416-619-3403
    Email: ejohnson@btctreasurycorp.com

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    Cautionary Note Regarding Forward-Looking Statements

    This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: the Listing of Bitcoin Treasury Shares; the offering of Offered Shares; the anticipated closing date of the Offered Share offering; receipt of a TSXV list and halt bulletin; the anticipated Agents fees relating to the Offered Share offering; expectations related to Bitcoin and its use in the future; and future development plans of the Corporation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: ability to close the Bitcoin Treasury Share Offering on the proposed terms or at all, the synergies expected from the Transaction not being realized; business integration risks; the Corporation’s operating results will experience significant fluctuations due to the highly volatile nature of Bitcoin; BTCT operates in a heavily regulated environment and any material changes or actions could lead to negative adverse effects to the business model, operational results, and financial condition of BTCT; evolving cryptocurrency regulatory requirements and the impact on BTCT’s business plan; Bitcoin value risk; reliance on key personnel; implementation of the Corporation’s business plan; lack of operating history; competitive conditions; de banking and financial services risk; anti money laundering and corrupt business practices; additional capital; financing risks; global financial conditions; insurance and uninsured risks; cybersecurity risks; changes to bank fees or practices, or payment card networks; audit of tax filings; market for the Bitcoin Treasury Shares; market price of the Bitcoin Treasury Shares; conflicts of interest; internal controls; tariffs and the imposition of other restrictions on trade could adversely affect the Corporation’s business; risk of litigation; pandemics or other health crisis; acquisitions and integration; risk of dilution of Bitcoin Treasury securities; dividend policy; Bitcoin price volatility; custodial risks; technological vulnerabilities; Bitcoin transactions are irreversible and may result in significant losses; short history risk; limited history of the Bitcoin market; potential decrease in the global demand for Bitcoin; economic and political factors; top Bitcoin holders control a significant percentage of the outstanding Bitcoin; availability of exchange traded products liquidity; security breaches; the amalgamation agreement may be terminated by 268 or BTCT in certain circumstances; there can be no certainty that all conditions precedent to the Transaction will be satisfied; BTCT and 268 may incur costs even if the Transaction is not completed; the requirements that accompany being a publicly traded company may put a strain on the Corporation’s resources, divert attention from management, and adversely affect its ability to maintain and attract management and qualified board members; uncertainty of use of proceeds; liquidity risk; leverage risk; and share price fluctuations.

    Although management of BTCT believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date of this news release, and BTCT does not undertake any obligation to update publicly or to revise any of the included forward -looking statements or information, whether as a result of new information, change in management’s estimates or opinions, future circumstances or events or otherwise, except as expressly required by applicable securities law.

    Completion of the Listing is subject to a number of conditions, including but not limited to, TSXV acceptance.

    Investors are cautioned that, except as disclosed in the filing statement filed on June 17, 2025, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon.

    The TSXV has neither approved nor disapproved the contents of this news release.

    The MIL Network –

  • MIL-OSI: Oak Valley Community Bank Announces Branch Manager Hiring

    Source: GlobeNewswire (MIL-OSI)

    OAKDALE, Calif., June 23, 2025 (GLOBE NEWSWIRE) — Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Mariam Shah has joined the bank as Vice President, Branch Manager of the Lodi Branch which is located at 31 South School Street and is slated to open later this summer.

    Shah brings over a decade of banking experience to her new role, including the past three years as a Branch Manager at another financial institution. She will oversee daily branch operations and focus on building new business relationships within the Lodi community. “We are excited to welcome Mariam to Oak Valley and the Lodi community,” said Julie DeHart, Executive Vice President, Retail Banking Group. “Her banking experience, leadership abilities, and strong communication skills will be instrumental in strengthening client relationships and driving the growth of our branch.”

    Shah holds a Bachelor of Science degree in Business Administration and Management from Georgia College and State University. She is a former member of the Pleasant Hill Chamber of Commerce and currently resides in Tracy. Outside of work, she enjoys outdoor activities, hiking, beach trips, participating in holiday charity events, and visiting family.

    Oak Valley Bancorp operates Oak Valley Community Bank & their Eastern Sierra Community Bank division, through which it offers a variety of loan and deposit products to individuals and small businesses. They currently operate through 18 conveniently located branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, Roseville, two branches in Sonora, three branches in Modesto, and three branches in their Eastern Sierra division, which includes Bridgeport, Mammoth Lakes, and Bishop. The Lodi Branch will be the bank’s 19th location.

    For more information, call 1-866-844-7500 or visit www.ovcb.com.

    Contact:  Chris Courtney/Rick McCarty
    Phone:  (209) 848-BANK (2265)  
      Toll Free (866) 844–7500
      www.ovcb.com

    The MIL Network –