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Category: Business

  • MIL-OSI USA News: Fact Sheet: President Donald J. Trump Stops the Green Agenda in the Columbia River Basin

    Source: US Whitehouse

    STOPPING RADICAL ENVIRONMENTALISM: Today, President Donald J. Trump signed a Presidential Memorandum revoking an executive action issued by the prior administration that called for “equitable treatment for fish.”

    • Today’s Memorandum revokes the Biden Administration’s “Restoring Healthy and Abundant Salmon, Steelhead, and Other Native Fish Populations in the Columbia River Basin” Memorandum, which placed concerns about climate change above the Nation’s interests in reliable energy resources.
    • This Memorandum directs the Secretary of Energy, the Secretary of the Interior, the Secretary of Commerce, and the Assistant Secretary of the Army for Civil Works to withdraw from agreements stemming from Biden’s misguided executive action, including the December 14, 2023 Memorandum of Understanding (MOU) filed in connection with related litigation.
    • The specified agencies will coordinate with the Council on Environmental Quality to review and revise environmental review processes related to the matters in the MOU, save Federal funds, and withdraw from the MOU.

    RESTORING AMERICAN ENERGY DOMINANCE AND SECURING AMERICAN PROSPERITY: President Trump continues to prioritize our Nation’s energy infrastructure and use of natural resources to lower the cost of living for all Americans over speculative climate change concerns.

    • President Trump recognizes the importance of ensuring the future of wildlife populations in the Columbia River Basin, while also advancing the country’s energy creation to benefit the American public.
    • The MOU required the Federal government to spend millions of dollars and comply with 36 pages of onerous commitments to dam operations on the Lower Snake River. 
    • Dam breaching would have resulted in reduced water supply to farmers, eliminated several shipping channels, had devastating impacts to agriculture, increased energy costs, and eliminated recreational opportunities throughout the region.  
    • The dam breaches would have eliminated over 3,000 megawatts of secure and reliable hydroelectric generating capacity—which is enough generation to power 2.5 million American homes.

    PUTTING AMERICA FIRST: President Trump continues to deliver on his promise to end the previous administration’s misplaced priorities and protect the livelihoods of the American people. Unlike the previous administration, the Trump Administration understands that policies that promote environmental quality and economic growth are not mutually exclusive.

    • President Trump champions the needs of the American people and prioritizes U.S. interests in reliable, affordable energy resources.
      • President Trump signed an Executive Order reinvigorating America’s beautiful clean coal industry to support grid stability and hundreds of thousands of U.S.  jobs.
    • President Trump is committed to unleashing American energy dominance, reversing all executive actions that impose undue burdens on energy production and use.
      • On Day One, President Trump declared a National Energy Emergency to unlock domestic energy production and bring down costs for everyday Americans.
    • President Trump’s commonsense approach to environmental conservation empowers the American people to take full advantage of our nation’s vast and great natural resources.
      • President Trump reversed the burdensome regulations that impeded Alaska’s ability to develop its vast natural resources, unleashing the state’s potential to create a safe and prosperous future for the entire Nation.

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI USA News: Empowering Commonsense Wildfire Prevention and Response

    Source: US Whitehouse

    class=”has-text-align-left”>By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:
    Section 1. Purpose. The devastation of the January 2025 Los Angeles wildfires shocked the American people and highlighted the catastrophic consequences when State and local governments are unable to quickly respond to such disasters.  In too many cases, including in California, a slow and inadequate response to wildfires is a direct result of reckless mismanagement and lack of preparedness. Wildfires threaten every region, yet many local government entities continue to disregard commonsense preventative measures. Firefighters across the country are forced to rely on outdated technology and face challenges in quickly responding to wildfires because of unnecessary regulation and bureaucracy. 
    The Federal Government can empower State and local leaders by streamlining Federal wildfire capabilities to improve their effectiveness and promoting commonsense, technology-enabled local strategies for land management and wildfire response and mitigation.  

    Sec. 2.  Streamlining Federal Wildland Fire Governance.  Within 90 days of the date of this order, the Secretary of the Interior and the Secretary of Agriculture shall, to the maximum degree practicable and consistent with applicable law, consolidate their wildland fire programs to achieve the most efficient and effective use of wildland fire offices, coordinating bodies, programs, budgets, procurement processes, and research and, as necessary, recommend additional measures to advance this objective.

    Sec. 3.  Encouraging Local Wildfire Preparedness and Response.  (a)  Within 90 days of the date of this order, the Secretary of the Interior and the Secretary of Agriculture, in consultation with the Secretary of Homeland Security, shall:
            (i)   expand and strengthen the use of partnerships, agreements, compacts, and mutual aid capabilities that empower Federal, State, local, tribal, and community-driven land management that reduces wildfire risk and improves wildfire response, including on public lands; and
            (ii)  develop and expand the use of other measures to incentivize responsible land management and wildfire prevention, mitigation, and response measures at the State and local levels.
    (b)  Within 180 days of the date of this order, the Secretary of the Interior and the Secretary of Agriculture, in consultation with the Secretary of Commerce and the heads of executive departments and agencies (agencies) represented at the National Interagency Fire Center, shall:
            (i)   develop a comprehensive technology roadmap, in consultation with the Director of the Office of Science and Technology Policy (OSTP), to increase wildfire firefighting capabilities at the State and local levels, including through artificial intelligence, data sharing, innovative modeling and mapping capabilities, and technology to identify wildland fire ignitions and weather forecasts to inform response and evacuation; and
            (ii)  promote the use of a risk-informed approach, as consistent with Executive Order 14239 of March 18, 2025 (Achieving Efficiency Through State and Local Preparedness), to develop new policies that remove barriers to preventing and responding to wildfires, including through year-round response readiness, better forest health, and activities outlined in Executive Order 14225 of March 1, 2025 (Immediate Expansion of American Timber Production).

    Sec. 4.  Strengthening Wildfire Mitigation.  Within 90 days of the date of this order:
    (a)  The Administrator of the Environmental Protection Agency shall consider modifying or rescinding, as consistent with applicable law, Federal rules or policies that impede the use of appropriate, preventative prescribed fires.
    (b)  The Secretary of Agriculture and the Administrator of the Environmental Protection Agency, in consultation with the Secretary of the Interior, shall consider modifying or rescinding, as consistent with applicable law, Federal rules or policies hindering the appropriate use of fire retardant to fight wildfires.
    (c)  The Secretary of Agriculture, in consultation with the Secretary of the Interior, shall consider promoting, assisting, and facilitating, as consistent with applicable law, innovative uses of woody biomass and forest products to reduce fuel loads in areas at risk of wildfires.
    (d)  The Secretary of the Interior, the Secretary of Agriculture, the Secretary of Energy, and the Federal Energy Regulatory Commission shall consider initiating rulemaking proceedings to establish, as consistent with applicable law, best practices to reduce the risk of wildfire ignition from the bulk-power system without increasing costs for electric-power end users, including through methods such as vegetation management, the removal of forest-hazardous fuels along transmission lines, improved engineering approaches, and safer operational practices.  
    (e)  The Attorney General, in consultation with the Secretary of Agriculture and the Secretary of the Interior, shall review pending and proposed wildfire-related litigation involving electrical utility companies to ensure the Department’s positions and proposed resolutions in such matters advance the wildfire prevention and mitigation efforts identified in this order.

    Sec. 5.  Modernizing Wildfire Prevention and Response. 
    (a)  Within 120 days of the date of this order, the Secretary of Defense, in consultation with the Director of OSTP, the Assistant to the President for National Security Affairs, and the heads of relevant agencies, shall, as appropriate, identify, declassify, and make publicly available historical satellite datasets that will advance wildfire prevention and response and improve wildfire prediction and evaluation models.
    (b)  Within 180 days of the date of this order, the Secretary of the Interior and the Secretary of Agriculture, in consultation with the Secretary of Commerce and the heads of agencies represented at the National Interagency Fire Center, shall:
            (i)   Identify rules that impede wildfire prevention, detection, or response and consider eliminating or revising those rules, as consistent with applicable law.  This consideration and any resulting rulemaking proceedings shall be reflected in the Fall 2025 Unified Regulatory Agenda. 
            (ii)  Develop performance metrics for wildfire response, including metrics related to average response times, annual fuels treatments, safety and cost effectiveness, and other subjects, as appropriate for inclusion in strategic and annual performance plans.
    (c)  Within 210 days of the date of this order, the Secretary of Defense shall evaluate and, as appropriate and consistent with applicable law, prioritize the sale of excess aircraft and aircraft parts to support wildfire mitigation and response.

    Sec. 6.  General Provisions.  (a)  Nothing in this order shall be construed to impair or otherwise affect:
            (i)   the authority granted by law to an executive department or agency, or the head thereof; or
            (ii)  the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.
    (b)  This order shall be implemented consistent with applicable law and subject to the availability of appropriations.
    (c)  This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.
    (d)  The costs for publication of this order shall be borne by the Department of Agriculture and the Department of the Interior in equal shares.

                                  DONALD J. TRUMP

    THE WHITE HOUSE,
        June 12, 2025.

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI USA: Luján, Warnock, Blunt Rochester Lead Senate Push Slamming Secretary Kennedy for Decision to Gut Nation’s Vaccine Advisory Committee and Replace Them With Vaccine Skeptics

    US Senate News:

    Source: US Senator for New Mexico Ben Ray Luján

    Washington, D.C. – Today, U.S. Senators Ben Ray Luján (D-N.M.), Raphael Warnock (D-Ga.), and Lisa Blunt Rochester (D-Del.) led a group of 19 Senate colleagues in condemning U.S. Department of Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr.’s decision to gut the Centers for Disease Control and Prevention (CDC) Advisory Committee on Immunization Practices (ACIP) and appoint several members to the committee with a documented history of anti-vaccine ideology and peddling misinformation. In the letter, the lawmakers raise the alarm on the dangers of gutting the ACIP and urge Secretary Kennedy to immediately reappoint the members of the committee he fired.

    “We are deeply concerned by your decision to fire every member of the Centers for Disease Control and Prevention (CDC) Advisory Committee on Immunization Practices (ACIP). This unprecedented action will strip Americans of the ability to make informed decisions about the benefits and risks of vaccinations — the complete opposite of ‘radical transparency’ and ‘good science,’” wrote the senators.

    The senators raised the alarm on the recent appointment of several members to the committee, “We are troubled by your recent announcement to appoint several members to the committee who have a documented history of anti-vaccine ideology and peddling misinformation. We urge you to restore legitimacy to this historically non-partisan, science-based, and data-driven committee and immediately reinstate the members of ACIP you have baselessly fired.”

    “ACIP is a longstanding, trusted national source of science- and data-backed advice and guidance on the use of vaccines to prevent and control disease. Members that serve on this committee must undergo extensive vetting and disclose any conflicts of interest. Firing every member of the committee just before their next meeting scheduled for June 25-27 eliminates the advisory board’s ability to debate and make well-informed recommendations, putting American lives at risk,” continued the senators.

    “We urge you to immediately reappoint the members of the committee that you fired and remove those that you have recently appointed that have a documented history of peddling misinformation or undermining vaccine confidence,” the senators concluded. 

    In addition to Senators Luján, Warnock, and Blunt Rochester, the letter was signed by U.S. Senators Angela Alsobrooks (D-Md.), Richard Blumenthal (D-Conn.), Tammy Duckworth (D-Ill.), Dick Durbin (D-Ill.), John Fetterman (D-Pa.), Ruben Gallego (D-Ariz.), Kirsten Gillibrand (D-N.Y), Martin Heinrich (D-N.M.), Mazie Hirono (D-Hawaii), Andy Kim (D-N.J.), Angus King (I-Maine), Jon Ossoff (D-Ga.), Gary Peters (D-Mich.), Jack Reed (D-R.I.), Jacky Rosen (D-Nev.), Brian Schatz (D-Hawaii), Adam Schiff (D-Calif.), Tina Smith (D-Minn.), and Peter Welch (D-Vt.).

    Read the full letter here or below:

    Dear Secretary Kennedy,

    We are deeply concerned by your decision to fire every member of the Centers for Disease Control and Prevention (CDC) Advisory Committee on Immunization Practices (ACIP). This unprecedented action will strip Americans of the ability to make informed decisions about the benefits and risks of vaccinations — the complete opposite of “radical transparency” and “good science”. We are troubled by your recent announcement to appoint several members to the committee who have a documented history of anti-vaccine ideology and peddling misinformation. We urge you to restore legitimacy to this historically non-partisan, science-based, and data-driven committee and immediately reinstate the members of ACIP you have baselessly fired.

    ACIP is a longstanding, trusted national source of science- and data-backed advice and guidance on the use of vaccines to prevent and control disease. Members that serve on this committee must undergo extensive vetting and disclose any conflicts of interest. Firing every member of the committee just before their next meeting scheduled for June 25-27 eliminates the advisory board’s ability to debate and make well-informed recommendations, putting American lives at risk. This reckless move is also happening as our nation faces the largest measles outbreak in over 30 years.

    This decision appears to be a deliberate effort to repopulate the committee with anti-vaccine demagogues and continue pushing vaccine misinformation to the American people. According to the Kaiser Family Foundation, over 80 percent of parents with children under age 18 report that their children receive routine immunizations; however, a divide based on political ideology is growing. The reality is that most Americans trust the science behind vaccines — but through inaccurate information and politicization, you are eroding the trust in vaccines.

    This is just one action of many that the Department of Health and Human Services (HHS) has recently taken to undermine vaccine confidence in the United States. Just over two weeks ago, HHS reversed the CDC recommendations on COVID-19 vaccination. This decision was made without the consultation of ACIP or CDC, narrowing recommendations to exclude healthy pregnant people despite pregnancy increasing the risk for severe infection. Just a day later, HHS announced the termination of a contract with Moderna to develop a bird flu vaccine despite warnings of a future pandemic from infectious disease doctors and public health professionals. These deliberate efforts to sow doubt in the safety and efficacy of vaccines have real consequences — people will die.

    In addition to advising everyday Americans on their health decisions, ACIP recommendations also influence whether insurance will cover certain vaccines, making them accessible to insured Americans. Furthermore, ACIP determines the vaccine recommendations for the Vaccines for

    Children program, which ensures underinsured and uninsured children across the nation can access vaccines at no cost. Without these recommendations, vaccines will become out of reach for far too many Americans. These actions contradict your written responses to questions for the record from the Senate Finance Committee, in which you said “yes” in response to a question about your commitment to ensure there are no financial barriers to accessing safe and effective vaccines.

    Vaccines are safe and effective and have significantly reduced, and in some cases entirely eliminated, disease. With recent scientific advances in mRNA technology, vaccines are becoming easier and faster to produce in addressing today’s public health crises. It is critical that ACIP maintains its ability to develop science- and data-driven recommendations on vaccination without interference from anti-vaccine ideology.

    Patient safety and transparency is at the heart of ACIP — Americans deserve the ability to make informed decisions about their health. You are stripping Americans of the freedom to choose by your recent appointments to the committee by centering anti-vaccine ideology. Therefore, we demand that you recuse your personal views on vaccines and restore the ACIP. We urge you to immediately reappoint the members of the committee that you fired and remove those that you have recently appointed that have a documented history of peddling misinformation or undermining vaccine confidence.

    Sincerely,

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI United Kingdom: The UK voted in favour in line with our unwavering determination to end the suffering in Gaza, bring the hostages home and move towards lasting peace: UK Statement at the UN General Assembly

    Source: United Kingdom – Government Statements

    Speech

    The UK voted in favour in line with our unwavering determination to end the suffering in Gaza, bring the hostages home and move towards lasting peace: UK Statement at the UN General Assembly

    Explanation of vote by Ambassador Barbara Woodward, UK Permanent Representative to the UN, after the adoption of UN General Assembly resolution A/RES/ES-10/27 on the Occupied Palestinian Territories.

    The UK voted in favour of this resolution in line with our unwavering determination to end the suffering in Gaza, bring the hostages home and move towards lasting peace in the region.

    Let me start by repeating our unequivocal condemnation of Hamas and their despicable actions on and since 7 October. They must be held accountable and can play no role in the future governance of Gaza. The UK’s commitment to Israel’s security is resolute.

    President, the text of the resolution is clear that both Israel and Hamas need to agree to an immediate and unconditional ceasefire; that Hamas must immediately and unconditionally release the hostages; and that Israel, as the occupying power, must end its blocks on aid and ensure unhindered humanitarian access.

    And crucially, there must be an end to any actions that stand in the way of a two-state solution and the best chance for peace for the Israeli and Palestinian people.

    That is why this week, the UK, along with Australia, Canada, New Zealand, and Norway, sanctioned Bezalel Smotrich and Itamar Ben-Gvir. These two men are responsible for inciting settler violence against Palestinians in the West Bank with their extremist rhetoric. Attacks by violent settlers have led to the deaths of Palestinian civilians and the displacement of whole communities.

    We will not stand by while Israeli actions attempt to entrench a one-state reality.

    The UK is deeply concerned by ongoing Israeli operations in the West Bank, including incidents where children have been killed. This is appalling and unacceptable.

    President, there can be no military solution to this conflict.

    Over 55,000 Palestinians have been killed and the IPC have been clear that half a million people are facing starvation. 

    Israeli Government policies which have completely blocked or severely restricted humanitarian aid are unacceptable. That civilians have been killed whilst desperately trying to feed their families is inhumane. And the UK rejects any attempts at demographic or territorial change in the Gaza strip.

    While the UK voted in favour of this resolution, we wish to clarify that our long-standing position remains that Common Article 1 of the Geneva Conventions does not impose a legal obligation on states to ensure respect for international law by third parties.

    President, a two-state solution remains the only viable framework for a just and lasting peace. This is the fundamental principle that we must continue to strive for, to end the cycle of violence and give Palestinians and Israelis alike a better future.

    We welcome the leadership of France and Saudi Arabia in convening next week’s Conference in pursuit of this.

    Updates to this page

    Published 12 June 2025

    MIL OSI United Kingdom –

    June 13, 2025
  • MIL-OSI USA: USAID Official and Three Corporate Executives Plead Guilty to Decade-Long Bribery Scheme Involving Over $550 Million in Contracts; Two Companies Admit Criminal Liability for Bribery Scheme and Securities Fraud

    Source: US Justice – Antitrust Division

    Headline: USAID Official and Three Corporate Executives Plead Guilty to Decade-Long Bribery Scheme Involving Over $550 Million in Contracts; Two Companies Admit Criminal Liability for Bribery Scheme and Securities Fraud

    Four men, including a government contracting officer for the United States Agency for International Development (USAID) and three owners and presidents of companies, have pleaded guilty for their roles in a decade-long bribery scheme involving at least 14 prime contracts worth over $550 million in U.S. taxpayer dollars. 

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI: Draganfly Announces Closing of US$13.75 Million Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Saskatoon, SK., June 12, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced the closing of its previously announced public offering (the “Offering”) of 5,500,000 units, with each unit consisting of one common share and one warrant to purchase one common share. Each unit was sold at a public offering price of US$2.50, for gross proceeds of approximately US$13.75 million, before deducting placement agent discounts and offering expenses. The warrants have an exercise price of CA$5.0768 (or US$3.71) per share, are exercisable immediately and will expire five years following the date of issuance.

    Maxim Group LLC acted as sole placement agent for the Offering.

    Draganfly currently intends to use the net proceeds from the Offering for general corporate purposes, including to fund its capabilities to meet demand for its new products including growth initiatives and/or for working capital requirements including the continuing development and marketing of the Company’s core products, potential acquisitions and research and development.

    The Offering was made pursuant to an effective shelf registration statement on Form F-10, as amended, (File No. 333-271498) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on July 5, 2023 and the Company’s Canadian short form base shelf prospectus dated June 30, 2023 (the “Base Shelf Prospectus”). Draganfly offered and sold the securities in the United States only. No securities were offered or sold to Canadian purchasers.

    A final prospectus supplement and accompanying Base Shelf Prospectus relating to the Offering and describing the terms thereof has been filed with the applicable securities commissions in the Canadian provinces of British Columbia, Saskatchewan and Ontario, and with the SEC in the United States and is available for free by visiting the Company’s profiles on the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca or the SEC’s website at www.sec.gov, as applicable. Copies of the final prospectus supplements and accompanying Base Shelf Prospectus relating to the Offering may be obtained by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, or by telephone at (212) 895-3745 or by email at syndicate@maximgrp.com.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

    About Draganfly

    Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a pioneer in drone solutions, AI-driven software, and robotics. With over 25 years of innovation, Draganfly has been at the forefront of drone technology, providing solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. The Company is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives.

    Media Contact
    media@draganfly.com

    Company Contact
    Cameron Chell
    Chief Executive Officer
    (306) 955-9907
    Email: info@draganfly.com

    Forward Looking Statements

    Certain statements contained in this news release may constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements, based as they are on the current expectations of management, inherently involve numerous important risks, uncertainties and assumptions, known and unknown. In this news release, such forward-looking statements include, but are not limited to, statements regarding the intended use of proceeds of the Offering. Actual future events may differ from the anticipated events expressed in such forward-looking statements. Draganfly believes that expectations represented by forward-looking statements are reasonable, yet there can be no assurance that such expectations will prove to be correct. The reader should not place undue reliance, if any, on any forward-looking statements included in this news release. These forward-looking statements speak only as of the date made, and Draganfly is under no obligation and disavows any intention to update publicly or revise such statements as a result of any new information, future event, circumstances or otherwise, unless required by applicable securities laws.‎ Investors are cautioned not to unduly rely on these forward-looking statements and are encouraged to read the Offering documents, as well as Draganfly’s continuous disclosure documents, including its current annual information form, as well as its audited annual consolidated financial statements which are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.

    The MIL Network –

    June 13, 2025
  • MIL-OSI: Descartes Announces Results of Annual Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    WATERLOO, Ontario, June 12, 2025 (GLOBE NEWSWIRE) — The Descartes Systems Group Inc. (Nasdaq:DSGX) (TSX:DSG), announced the voting results from its annual meeting of shareholders held on Thursday, June 12, 2025 (the “Meeting”).

    Meeting Results

    The following matters, as set out in more detail in its Management Information Circular dated April 30, 2025, were considered and voted on by shareholders at the Meeting:

    General
    The total number of common shares of the Corporation represented in person or by proxy at the Meeting was 77,507,142 which represented 90.35% of the 85,782,830 common shares of the Corporation that were outstanding as of the record date for the Meeting, being April 25, 2025.

    Election of Directors
    On a vote by ballot, each of the following 10 nominees proposed by management of the Corporation was elected as a director of the Corporation:

    Director Nominee Number of
    Votes FOR
    Percentage of
    Votes FOR
    Number of
    Votes AGAINST
    Percentage of
    Votes AGAINST
    Deepak Chopra 75,876,565 98.81% 912,202 1.19%
    Eric Demirian 72,960,218 95.01% 3,828,551 4.99%
    Dennis Maple 73,891,505 96.23% 2,897,262 3.77%
    Jane Mowat 76,767,145 99.97% 21,625 0.03%
    Chris Muntwyler 75,883,997 98.82% 904,773 1.18%
    Jane O’Hagan 75,033,103 97.71% 1,755,666 2.29%
    Edward Ryan 76,223,399 99.26% 565,370 0.74%
    John Walker 73,935,135 96.28% 2,853,635 3.72%
    Laura Wilkin 76,767,158 96.28% 21,612 0.03%
             

    Appointment of Auditors

    On a vote by ballot, KPMG LLP, Chartered Professional Accountants and Licensed Public Accountants, were appointed as the auditors of the Corporation until the close of the next annual meeting of shareholders or until their successors are appointed.

    Number of Votes
    FOR
    Percentage of Votes
    FOR
    Number of Votes
    WITHHELD
    Percentage of Votes
    WITHHELD
    77,241,699 99.66% 265,443 0.34%
           

    Say-On-Pay

    On a vote by ballot, the “Say-On-Pay” resolution proposed by management of the Corporation was approved.

    Number of Votes
    FOR
    Percentage of Votes
    FOR
    Number of Votes
    AGAINST
    Percentage of Total Votes
    AGAINST
    74,071,830 96.46% 2,716,938 3.54%
           

    About Descartes
    Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

    Descartes Investor Contact
    Laurie McCauley                                                                     
    (519) 746-6114 x202358
    investor@descartes.com

    The MIL Network –

    June 13, 2025
  • MIL-OSI USA: ARMSTRONG COUNTY – Lt. Gov. Austin Davis, Second Lady Blayre Holmes Davis to Highlight 2025-26 Proposed Budget Investments in Child Care Workforce

    Source: US State of Pennsylvania

    June 13, 2025 – Apollo, PA

    ADVISORY – ARMSTRONG COUNTY – Lt. Gov. Austin Davis, Second Lady Blayre Holmes Davis to Highlight 2025-26 Proposed Budget Investments in Child Care Workforce

    Lt. Gov. Austin Davis and Second Lady Blayre Holmes Davis will host a roundtable conversation to discuss the Shapiro-Davis Administration’s proposed 2025-26 budget and its plan to invest in and expand Pennsylvania’s child care workforce Friday, June 13, at 10 a.m. at Grandma’s House, 616 First St. Ext., Apollo.

    The 2025-26 proposal builds on the Administration’s first two budgets with a $55 million investment in retention and recruitment bonuses to increase child care availability, ensuring parents are able to work and children have quality care. These grants to licensed child care centers in Pennsylvania’s Child Care Works (CCW) Program would provide up to $1,000 per employee.

    During their first two years in office, Gov. Josh Shapiro and Lt. Gov. Davis have expanded the state’s Child and Dependent Care Enhancement Tax Credit and created a new tax credit for businesses that want to contribute to their employees’ child care costs.

    WHO:
    Lt. Gov. Austin Davis, Second Lady Blayre Holmes Davis, Alle Kiski Strong Chamber Executive Director Lynda Pozzuto, Trying Together Director of Public Policy Emily Neff, representatives from the Early Learning Investment Commission, Governor’s Advisory Commission on Latino Affairs and Advisory Commission on Women, child care providers, teachers and parents

    WHAT:
    Roundtable conversation about child care in Pennsylvania and investments in the Shapiro-Davis 2025-26 proposed budget

    WHEN:
    Friday, June 13, at 10 a.m.

    WHERE:
    Grandma’s House
    616 First St. Ext., Apollo

    RSVP:
    Members of the news media who are interested in attending must RSVP to Kirstin Alvanitakis at kirstinalv@pa.gov.

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI USA: Senator Murray, Former ACIP Member from WA State Raise Alarm Over Purge of Entire CDC Vaccine Advisory Committee

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    NEW: Kennedy’s new CDC panel includes members who have criticized vaccines and spread misinformation

    ***WATCH FULL PRESS CONFERENCE HERE; DOWNLOAD HERE***

    Washington, D.C. — Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, held a virtual press conference on U.S. Department of Health and Human Services (HHS) Secretary Robert F. Kennedy Jr.’s unprecedented decision on Monday to fire every single member of the Centers for Disease Control and Prevention (CDC)’s Advisory Committee on Immunization Practices (ACIP). Dr. Helen Chu joined Senator Murray for the press conference, a professor of Medicine and Allergy and Infectious Diseases at the University of Washington School of Medicine, who was a member of ACIP until Monday—when she was fired by Secretary Kennedy alongside the entire panel of experts. Senator Murray and Dr. Chu laid out just how unprecedented and unthinkably dangerous this move is, and what it means for the future of vaccine policy and public health.

    On Wednesday, RFK Jr. announced eight new appointees to ACIP, including Dr. Robert Malone, a close adviser to RFK Jr. who downplayed the deaths related to one of the largest measles outbreaks in the U.S. in years, and Vicky Pebsworth, who is listed as a board member and volunteer director for the National Vaccine Information Center, a group that is notorious for spreading vaccine misinformation.  

    “RFK Jr. took a dangerous, practically unthinkable step to undermine public health and vaccine confidence—he fired every single member of CDC’s vaccine advisory panel,” said Senator Murray on today’s press call. “And he is already packing the panel with people who advocated letting COVID rip through communities, who serve as board members of vaccine disinformation groups, who promoted conspiracies and quack treatments for COVID and measles—and he is just getting started! It is really just about impossible to underscore how reckless and unprecedented this is. I mean, even some Republicans who voted for him—only did so after he convinced them he wouldn’t go this far. Of course they should have known better—I even warned them! You can’t trust this guy, he has a long history of attacking science and vaccines at every turn, he’s not going to give up that crusade when you give him tremendous power to wage it. But they ignored the obvious warnings—and now here we are. Let’s be clear, RFK Jr. is not just crossing a red line for public health, he is sprinting into dangerous, uncharted territory in support of totally deranged conspiracies, and he is dragging us all along with him. He is putting our communities—and our families—in harm’s way.”

    “The means by which vaccines are recommended for use in the United States is a careful, deliberate and rigorous process that has been in place for over 60 years. ACIP is widely regarded as the international gold standard for vaccine decision-making. Other countries have, in the past, considered the United States as a model to guide their own vaccine policies because they could be sure decisions were unbiased and based on evidence. But that may no longer be the case,” said Dr. Helen Chu, a professor of Medicine and Allergy and Infectious Diseases at the University of Washington School of Medicine. Until Monday, Dr. Chu was also a member of ACIP until Secretary Kennedy abruptly dismissed the entire Committee this Monday. “We cannot dismantle a system that has allowed for open, evidence-based dialogue among experts, that has supported transparent, clear decision-making.  We cannot replace it with a process driven by one person’s beliefs. In the absence of an independent unbiased ACIP, we can no longer trust that safe and effective vaccines will be available to us and the people around us. I worry about the health and safety of people in our country—and the future of our public health infrastructure.”

    Senator Murray forcefully opposed the nomination of notorious anti-vaccine activist RFK Jr. to be Secretary of HHS, and she has long worked to combat vaccine skepticism and highlight the importance of scientific research and vaccines. Murray was also a leading voice against the nomination of Dr. Dave Weldon to lead CDC, repeatedly speaking up about her serious concerns with the nominee immediately after their meeting. In 2019, Senator Murray co-led a bipartisan hearing in the HELP Committee on vaccine hesitancy and spoke about the importance of addressing vaccine skepticism and getting people the facts they need to keep their families and communities safe and healthy. Ahead of the 2019 hearing, as multiple states were facing measles outbreaks in under-vaccinated areas, Murray sent a bipartisan letter with former HELP Committee Chair Lamar Alexander pressing Trump’s CDC Director and HHS Assistant Secretary for Health on their efforts to promote vaccination and vaccine confidence.

    Senator Murray has been a leading voice in Congress against RFK Jr.’s dismantling of HHS and attacks on America’s public health infrastructure, raising the alarm over HHS’ unilateral reorganization plan and slamming the closure of the HHS Region 10 office in Seattle and the CDC’s National Institute for Occupational Safety and Health (NIOSH) Spokane Research Laboratory. Senator Murray has sent oversight letters and hosted numerous press conferences and events to lay out how the administration’s reckless gutting of HHS is risking Americans’ health and safety and will set our country back decades, and lifting up the voices of HHS employees who were fired for no reason and through no fault of their own.

    In particular, Senator Murray has been leading the charge against the Trump administration’s efforts to gut lifesaving research at NIH and pushed out nearly 5,000 NIH skilled scientists, grants administrators, and other employees at the agency. When the Trump administration attempted to illegally cap indirect cost rates at 15 percent, Senator Murray immediately and forcefully condemned the move, led the entire Senate Democratic caucus in a letter decrying the proposed change, and introduced amendments to Senate Republicans’ budget resolution to reverse it, which Republicans blocked. Murray has led Congressional efforts to boost biomedical research. Previously, over her years as Chair of the Labor-HHS Appropriations Subcommittee, Senator Murray secured billions of dollars in increases for biomedical research at NIH, and during her time as Chair of the HELP Committee she established the new ARPA-H research agency as part of her PREVENT Pandemics Act to advance some of the most cutting-edge research in the field. Senator Murray was also the lead Democratic negotiator of the bipartisan 21st Century Cures Act, which delivered a major federal investment to boost NIH research, among many other investments. 

    Senator Murray’s full remarks, as delivered, are below and video is HERE:

    “I am here today to sound the alarm for public health, and to sound it as loud as I possibly can. Because this week, RFK Jr. took a dangerous, practically unthinkable step to undermine public health and vaccine confidence. He fired every single member of CDC’s vaccine advisory panel. Every. Single. One.

    “And he is already packing the panel with people who advocated letting COVID rip through communities, who serve as board members of vaccine disinformation groups, who promoted conspiracies and quack treatments for COVID and measles—and he is just getting started! It is really just about impossible to underscore how reckless and unprecedented this is.

    “I mean—even some Republicans who voted for him—only did so after he convinced them he wouldn’t go this far. Of course, they should have known better—I even warned them! You can’t trust this guy. He has a long history of attacking science and vaccines at every turn—he’s not going to give up that crusade when you give him tremendous power to wage it. But they ignored the obvious warnings. And now here we are.

    “Let’s be clear, RFK Jr. is not just crossing a red line for public health, he is sprinting into dangerous, uncharted territory in support of totally deranged conspiracies, and he is dragging us all along with him! He is putting our communities and our families in harm’s way.

    “Here’s what everyone needs to know. The CDC’s vaccine advisory panel has a simple, important job. Look at the data. Look at the science. And make recommendations on the vaccines FDA has approved as safe and effective.

    “That work has serious repercussions. These recommendations impact public confidence and trust in our vaccines. These recommendations are trusted by health care providers as they talk to patients and discuss their personal health decisions.

    “And these recommendations affect whether health plans—including Medicare and Medicaid—are required to cover vaccines at zero cost to patients or insurance companies can force Americans to foot the bill for vaccines that keep them safe or parents get guidance about which vaccines their children should receive and when.

    “Guess what happens when vaccines become more expensive for patients? Guess what happens when Trump’s highest-ranking health official ignores the facts and tells people our vaccine experts can’t be trusted? Guess what happens when RFK Jr. packs the CDC advisory committee wall-to-wall with his favorite anti-science grifters and conspiracy pushers?

    “Fewer people are going to get vaccinated. This is not rocket science.

    “Maybe they think—because of RFK’s Jr.’s disinformation—that measles isn’t a big deal. Maybe they think—incorrectly—that it’s safer to get whooping cough than the vaccine. Maybe they just can’t afford it anymore—because the vaccine they wanted to protect their family is no longer covered by insurance.

    “Whatever the reason, the result is going to be the same. Diseases we can fight—diseases we can prevent—spreading like wildfire through our communities, through our schools, through our nursing homes. Kids are going to be hospitalized, even killed, all because one conspiracy theorist thinks he knows better than qualified medical experts, and centuries of research.

    “We’ve already seen an historic measles outbreak on RFK Jr.’s watch. His response to it has been a complete disaster, promoting quack cures and spreading lies about vaccines, as cases skyrocket.

    “And, if RFK Jr.’s flood of disinformation is allowed to drown out real science, it’s not just going to be measles—we are going to see a full parade of horrors come raging back.

    “We have to speak up. And we have to make sure we are countering nonsense with reality with facts. We have to make sure parents get the message: that vaccines are safe, effective, and lifesaving.

    “And so, I am using my megaphone today, to not just raise the alarm, but to raise up the voice of an expert who knows the science of vaccines and who knows the stakes of this moment.

    “I’m pleased to be joined by one of the CDC advisory members RFK Jr. is trying to silence through firing: UW’s own Dr. Helen Chu. Thank you all for joining this call today.”

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI USA: South and Central Asia Subcommittee Chairman Huizenga Delivers Opening Statement at Hearing on the Bureau of Industry and Security FY26 Budget

    Source: US House Committee on Foreign Affairs

    Media Contact 202-321-9747

    WASHINGTON, D.C. – Today, House Foreign Affairs South and Central Asia Subcommittee Chairman Bill Huizenga delivered opening remarks at a subcommittee hearing titled, “Bureau of Industry and Security FY26 Budget: Export Controls and the AI Arms Race.”

    Watch Here
    -Remarks-

    Today’s hearing will examine the fiscal year 2026 budget request for the Bureau of Industry and Security, an agency whose mission is critical to ensuring America wins the AI arms race against the Communist Party of China.

    We are at a historic inflection point. Technologies that will define the 21st century, such as AI, biotechnology, and quantum computing are achieving breakthroughs that increasingly sound more like science fiction, than the reality that we’re used to. These technologies have a potential to unlock tremendous economic prosperity, medical innovations, and human flourishing.

    However, they are not just drivers of economic growth. They are instruments of military power and security as well. Advanced AI models could coordinate fleets of self-driving cars in Michigan. They could also direct autonomous drone swarms over the Taiwan Strait. The nation that leads in developing and deploying these technologies has an opportunity to gain geopolitical advantages for decades to come.

    The CCP understands this. That’s why it’s trying to dominate these critical technologies by any means necessary through state subsidies, forced tech transfers, economic espionage, chip smuggling, and exploiting access to the West’s most innovative AI labs and universities.

    AI dominance is central to the CCP’s goals. Its military modernization efforts, surveillance state, and human rights abuses are amplified by AI. Export controls play a crucial role in ensuring that US and allied technologies are not used to fuel the CCP’s pursuit of global dominance. Amongst its many important roles, BIS serves as a guardian of one of the world’s most valuable and powerful supply chains. The ecosystem of advanced chips, tools, components, and design software that underpins the development of cutting-edge artificial intelligence.

    China’s leading AI companies have made it clear just how dependent their future is on US technology. In response to a question on what their biggest obstacle to AI development is Deepeek’s CEO put it bluntly, “bans on shipments of advanced chips are the problem.”

    The CCP understands the importance of these AI choke points. That’s why it’s working around the clock to steal chips and exploit export control loopholes to internalize its production. That’s why this hearing today is so important.

    BIS’ fiscal 26 budget request includes a 133% increase in enforcement funding. A bold and necessary step. As the deep CEO made evident, it’s not a lack of talent holding back China’s AI development. It’s the lack of access to US technology. That’s what this budget supports. It allows BIS to better disrupt covert efforts to funnel US innovation to the CCP’s military and surveillance state.

    So, let’s be very clear, enforcement is not about punishing innovation. It’s about protecting it. It’s about making sure that the technologies that define the future are not weaponized against our values, our alliances or our own people.

    We also recognize that BIS operates in a dynamic and challenging environment. The technologies we’re discussing are evolving rapid rapidly. BIS must become faster, more adaptive and uh and more technologically capable than ever before.

    This subcommittee is committed to giving the bureau the tools and resources it needs to meet that challenge head on. The geopolitical struggle between America and China defines the technologies of our time. Global AI development shaped by democratic values or authoritarian control will depend on the decisions we make right now about licensing, enforcement, and strategic technology protection.

    I’m pleased that we are joined by Undersecretary Jeffrey Kessler, who leads BIS during this decisive period in history. Mr. Kessler, thank you for your service and your appearance here at the subcommittee. The window for preserving America’s technology edge is narrow, but it does remain open. BIS with the support of Congress, must ensure America wins the AI arms race.

    ###

    MIL OSI USA News –

    June 13, 2025
  • MIL-Evening Report: Workers need better tools and tech to boost productivity. Why aren’t companies stepping up to invest?

    Source: The Conversation (Au and NZ) – By John Hawkins, Head, Canberra School of Government, University of Canberra

    As Prime Minister Anthony Albanese and Treasurer Jim Chalmers turn their attention to improving productivity growth across the economy, it will be interesting to see what the business community brings to a planned summit in August.

    Labour productivity (output per hour worked) has barely grown this decade.



    Much of the focus in the current debate has been on the role of workers (labour) and industrial relations. Less discussed has been low business investment (capital).

    Labour will be more productive if each worker can use more capital: machinery, equipment and technology. Over the medium term, providing workers with more capital – “capital deepening”, in the jargon – tends to be the main contributor to labour productivity growth.

    But business investment as a share of gross domestic product (GDP) is currently at its lowest level since the mid-1990s.

    Investment is low in both the mining and non-mining sectors. In the latest national accounts report for the March quarter, business investment in machinery and equipment fell 1.7%.



    The average worker now uses less capital equipment – machines and computers – than a decade ago. Investment just hasn’t kept pace with growth in employment.




    Read more:
    ‘Hard to measure and difficult to shift’: the government’s big productivity challenge


    Why is investment so weak?

    One possible reason was put forward by then Reserve Bank governor Philip Lowe in 2023. He suggested that, during the COVID pandemic, firms concentrated on surviving. Seeking out more efficient ways to produce was a lower priority. But post-pandemic, firms seem to have been slow to pivot back to an efficiency focus.

    Another reason may be that, until recently, wage growth has been slower than the growth in prices of goods and services produced. This may have reduced the incentives for firms to invest in the equipment needed to boost labour productivity.

    A key driver of investment is profitability. Firms are more likely to fund investment from retained earnings than by borrowing or raising capital. But the share of corporate profits in the economy has been quite high in recent years. So this does not explain low investment.



    The ‘animal spirits’ are lacking

    Business confidence – what economist John Maynard Keynes famously called “animal spirits” – is another important driver.

    Share prices, both in Australia and the rest of the world, have grown strongly in recent years. The S&P/ASX 200 index of Australian share prices is close to its all-time high. This would suggest financial markets are very optimistic about the prospects of Australian companies.

    Direct surveys of Australian businesses from National Australia Bank suggest conditions (the current situation) and confidence (about the future) are around their long-term average level. So this also does not explain the low investment.

    One contributor to low investment may be that firms are applying inappropriately high “hurdle rates”. These refer to the minimum return firms expect from an investment before they will undertake it.

    Hurdle rates tend to be “sticky” over time, meaning they do not move much. Many companies still apply hurdle rates of over 12%. These were appropriate back when interest rates and inflation were much higher, but seem too high now as borrowing costs have fallen with interest rate cuts.

    The Productivity Commission has suggested one contributor to low investment could be a higher risk premium. Since the global financial crisis in 2007-08, companies and investors may have become more cautious about taking on risk.

    Another factor could be growing market power of Australian companies that dominate a sector, making them complacent rather than striving to improve their performance.

    The high degree of uncertainty

    The Reserve Bank recently compiled two measures of uncertainty. One is derived from stock markets. The other is based on the number of news articles about policy uncertainty.

    Both show the current environment is as uncertain now as it was during the early stages of the global financial crisis in 2007–08 and the COVID pandemic.

    Investment in machineray and equipment went backwards in the March quarter.
    Parilov/Shutterstock

    A common response to uncertainty is to defer decisions on both investment and hiring new workers until the outlook is clearer. A study by the Reserve Bank found that greater uncertainty did indeed reduce investment. But the size of the impact was – you guessed it – uncertain.

    What can be done?

    Business lobbies often attribute low rates of investment (and anything else they think people may not like) to “excessively high” corporate tax rates. But at 30% for large companies and 25% for small, the company tax rate is low by historical standards.

    Some multinational firms may be deterred from entering the Australian market as our company tax rate is above that in some other jurisdictions. It is hard to tell how important this effect is. Company tax is only one of many factors that affect the comparative risk and return of Australia as an investment destination.

    The Productivity Commission is investigating whether the corporate taxation system could be made more efficient rather than just lowering rates.

    In the meantime, however, firms may be encouraged to invest more by a more stable domestic economic outlook. Inflation is back within the central bank’s 2-3% target range. Employment is around an all-time high proportion of the working age population. The election has removed some political uncertainty with a government holding a clear majority.

    Businesses should stop whingeing and start providing workers with the tools they need to become more productive.

    This article is part of The Conversation’s series, The Productivity Puzzle. Read the previous article here.

    John Hawkins was formerly a senior economist in the Reserve Bank and the Australian Treasury.

    – ref. Workers need better tools and tech to boost productivity. Why aren’t companies stepping up to invest? – https://theconversation.com/workers-need-better-tools-and-tech-to-boost-productivity-why-arent-companies-stepping-up-to-invest-257806

    MIL OSI Analysis – EveningReport.nz –

    June 13, 2025
  • MIL-Evening Report: With Trump undoing years of progress, can the US salvage its Pacific Islands strategy?

    Source: The Conversation (Au and NZ) – By Alan Tidwell, Director, Center for Australian, New Zealand and Pacific Studies, Georgetown University

    Donald Trump signs a proclamation expanding fishing rights in the Pacific Islands, April 17. Getty Images

    Since 2018, the United States has worked, albeit often haltingly, to regain its footing with Pacific Island countries. It’s done this largely by reflecting a sentiment familiar in Pacific capitals: the region is not a geopolitical backwater, but a crucial strategic zone in the 21st century.

    Spurred by China’s strategic expansion – security deals, port access, political influence – the first Trump presidency and then the Biden administration renewed the US focus on the Pacific.

    Washington was also prodded by regional allies, including New Zealand. In 2018, Foreign Minister Winston Peters said: “We unashamedly ask for the United States to engage more and we think it is in your vital interests to do so. And time is of the essence.”

    Building on the tentative steps of its predecessor, the Biden administration acted. It opened new embassies, invited Pacific leaders to the White House, unveiled a dedicated strategy for the Pacific Islands, and committed to recognising the Cook Islands and Niue.

    It also negotiated more funding for the Compacts of Free Association with the Federated States of Micronesia, the Republic of the Marshall Islands and Palau. Along with the 2022 Pacific Islands Summit, it all signalled Washington’s desire to be a better partner.

    Crucially, the Biden administration recognised climate change and the economy, not great-power rivalry, as the region’s defining security concerns. Now, much of that progress is being eroded.

    The second Trump administration has gutted key international development agencies, with the US Agency for International Development (USAID) and the Millennium Challenge Corporation shuttered.

    More than mere symbols, these agencies were tools of statecraft, facilitating Washington’s capacity to compete with China’s “no questions asked” development model. Their removal leaves a vacuum, which Beijing will happily fill.

    China pressing the advantage

    Other signs of retreat are equally troubling. Congressional funding for the South Pacific Tuna Treaty – which pays for access for US fishing fleets and is the primary multiparty agreement the US has with the Pacific Islands – was tripled by Biden, but remains incomplete.

    Trump recently signed an executive order opening the Pacific Islands Heritage Marine National Monument, a 1,282,534 square kilometre protected marine zone, to commercial fishing. This might be welcomed by the US tuna fleet, but it raises questions about Washington’s commitment to the tuna treaty.

    Hoped-for expansion of US consular access, especially vital for Pacific Islanders who must travel long distances for basic services such as visa applications, is in limbo. The US embassy in Vanuatu, damaged by the earthquake in 2024, remains closed, leaving diplomats to work out of their hotel rooms.

    China, by contrast, has not slowed down. Its security pact with Solomon Islands, its police training efforts in Samoa and Kiribati, and its growing intelligence presence across the region show a clear pattern of assertiveness.

    Beijing has proven adept at offering timely, visible assistance. Its diplomats show up. Its companies build. Its promises, however opaque, are matched with resources.

    The result has not necessarily meant Pacific nations have “chosen” China. Rather, most revert to the longstanding posture of “friend to all, enemy to none”.

    In a region where non-alignment is both a survival strategy and a principle of sovereignty, the perception of US unreliability makes China’s attentions all the more welcome, or at least tolerable.

    Not a binary contest

    The US now appears to be abandoning efforts to break this cycle, and the Trump administration risks a genuine strategic error rather than a mere diplomatic misstep.

    More than distant dots on a map, the Pacific Islands control vast stretches of ocean, including key shipping lanes and undersea cables. Their diplomatic weight matters in the United Nations.

    And the region matters to Taiwan, which is recognised by 12 countries globally, three of which are in the Pacific.

    Some argue the US should press Pacific nations to “choose” between Washington and Beijing. But that approach is shortsighted and counterproductive.

    Most have no interest in being drawn into a binary contest. They seek concrete benefits – resilience funding, fair trade, visa access – not ideological alignment. Framing relationships as zero-sum contests misunderstands the region’s diplomatic logic.

    Listening to Pacific leaders

    To revive the relationship, the US will need to show up, follow through and demonstrate its partnership offers more than rhetoric.

    This would involve restoring some elements of foreign assistance, fully funding the South Pacific Tuna Treaty obligations, opening and staffing embassies, and supporting Pacific regional organisations such as the Pacific Islands Forum with meaningful recognition and resources.

    But the US review of Pacific foreign assistance (a small portion of US development aid formerly administered by USAID) has been delayed once again, and likely won’t emerge until mid-July.

    More importantly, the US will have to listen to Pacific leaders, who have articulated their priorities clearly. They do not want to be sites of contest; they want to be agents of their own futures.

    In short, the US will have to treat the Pacific Islands as sovereign equals.
    When Trump returned to the White House, he found a workable policy architecture for the Pacific. Its core elements could still be rescued.

    But continued neglect, mixed signals and cost-cutting risk hastening the outcome China seeks – a region that finds Washington unreliable. Winston Peters, now foreign minister in a new government, might want to update his 2018 call for US engagement in the Pacific – with the emphasis on reliability.

    Alan Tidwell 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. With Trump undoing years of progress, can the US salvage its Pacific Islands strategy? – https://theconversation.com/with-trump-undoing-years-of-progress-can-the-us-salvage-its-pacific-islands-strategy-258679

    MIL OSI Analysis – EveningReport.nz –

    June 13, 2025
  • MIL-Evening Report: It took more than a century, but women are taking charge of Australia’s economy – here’s why it matters

    Source: The Conversation (Au and NZ) – By Duygu Yengin, Associate Professor of Economics, University of Adelaide

    For the first time in its 124-year history, Treasury will be led by a woman.

    Jenny Wilkinson’s appointment is historic in its own right. Even more remarkable is the fact she joins Michele Bullock at the Reserve Bank and Danielle Wood at the Productivity Commission.

    Australia’s three most powerful economic institutions are now led by women economists. In economics, this is not normal. But it certainly does matter.

    Stubbornly male

    Imagine if only 17% of economics professors were men. It would feel unusual; people would ask why the field was so heavily skewed. But the reality is the opposite: 83% of economics professors in Australia are male.

    And yet, this imbalance is almost invisible. Women make up just about one-third of secondary pupils studying economics and 40% of students enrolled in economics courses at university.

    In the private sector, women economists are roughly one in three.

    So while the appointments of Wilkinson, Bullock and Wood feels groundbreaking, the profession as a whole remains stubbornly male. Still, the leadership story is worth celebrating. When young women see leaders who look like them, they’re more likely to imagine themselves in those roles too.

    As women increasingly take the helm, the old stereotype of a suit-clad man with a briefcase gives way to a broader, more inclusive image of what an economist can be.

    The public service is leading the charge. As of 2023, women held 53% of senior executive service positions in the Australian Public Service, up from 46% in 2019.

    Merit and diversity

    Thankfully, unlike other parts of the world, we live in a country where these appointments haven’t triggered claims of so-called “diversity hires”. To be clear: these female pioneers weren’t appointed because they are women.

    Each has decades of experience, technical firepower, and deep policy credentials. Wilkinson has led the Department of Finance and the Parliamentary Budget Office. Bullock has held almost every senior role at the Reserve Bank. Wood has shaped public debates on intergenerational equity and tax reform with clarity and rigour.

    The idea that diversity is somehow in tension with merit is a false binary. Diverse groups make better decisions and are more creative, especially in high-stakes settings.

    Decades of economics and business research has shown that incorporating diverse perspectives into decision-making only strengthens the outcomes. Decisions made and executed by diverse teams delivered 60% better results than those by non-diverse teams.

    Merit isn’t just what’s on paper, it’s shaped by how we judge it.

    When men and women perform equally well, success is more often credited to skill for men and to luck for women. Swap a male name for a female one on a CV, teaching evaluation or reference letter, and perceptions of competence, leadership and hireability start to shift.

    These unconscious biases don’t just affect who gets ahead; they shape how we define merit in the first place.

    Will it make a difference?

    Economics often prides itself on being objective and neutral. While the economic models may be technically gender-blind, the questions we ask and investigate rarely are.

    This is where gender diversity matters – not just in who holds the top jobs, but in what gets researched and how decisions are made. There’s growing evidence male and female economists don’t just ask different questions, they also approach problems differently.

    One study found female central bankers tend to act with greater independence and deliver lower inflation. A United States study and another in Europe showed striking gender differences in how economists think about a range of areas, including labour markets, taxation, health and the environment, and more broadly on public spending – everything from welfare to the military.

    Having more diverse perspectives doesn’t dilute economics – it deepens it. It makes the discipline more responsive to the diversity of the real-world challenges it’s meant to address.

    Economic policies impact the whole society. So does the composition of economists.

    So, what’s next?

    Of course, three women in top economic roles won’t create miracles overnight – they all operate within existing systems and structures.

    So, what can we expect from Wilkinson’s leadership? Her time at the Department of Finance suggests a steady, pragmatic hand: consultative, strategic and deeply experienced.

    Wilkinson brings bipartisan credibility, a sharp grasp of fiscal discipline, and the capacity to act decisively in a crisis, as we saw during COVID. She won’t remake Treasury overnight, but she’s well placed to lead it with rigour, integrity and a long-term view.

    This moment matters for women in economics. It shows change is possible in the profession, and it could mark the start of economic policy that truly reflects the diversity of the people it serves.

    Duygu Yengin is affiliated with the University of Adelaide, Women in Economics Network, and the Economic Society of Australia.

    – ref. It took more than a century, but women are taking charge of Australia’s economy – here’s why it matters – https://theconversation.com/it-took-more-than-a-century-but-women-are-taking-charge-of-australias-economy-heres-why-it-matters-258680

    MIL OSI Analysis – EveningReport.nz –

    June 13, 2025
  • MIL-OSI USA: President Signs Into Law Fischer’s Resolution to Overturn California’s Unrealistic EV Mandate, Protect Truckers and Consumers

    US Senate News:

    Source: United States Senator for Nebraska Deb Fischer

    Today, President Donald Trump signed into law U.S. Senator Deb Fischer’s (R-Neb.) resolution of disapproval to repeal California’s Advanced Clean Trucks (ACT). Fischer’s resolution nullifies California’s unrealistic and stringent emissions requirements for heavy-duty trucks and heavy-duty diesel engines, which would have dictated emission policies for the entire country. 

    “I’ve been clear from the start—one state should not dictate emission policies for the entire country. California’s ACT regulation would have increased costs on American consumers and crippled the truck manufacturing industry nationwide by overloading companies and truckers with expensive, heavy-handed requirements. My commonsense resolution keeps government overreach at bay, protects consumers, and supports America’s free markets. I’m grateful President Trump signed it into law,” 
    Fischer said.  

    Background:

    Fischer 

    introduced the resolution of disapproval in April, and the U.S. Senate passed the resolution last month. Fischer also spoke on the Senate Floor to highlight the necessity in overturning the waiver and stopping one state from dictating emission policies for the entire country.

    California’s ACT would have required manufacturers of trucks, from class 2b to class 8, to meet zero-emission regulations by 2025. Under the regulation, manufacturers would have to sell an increasingly larger percentage of zero-emission vehicles between 2024 to 2035. Additionally, the ACT would require fleet owners with more than 50 vehicles to submit a one-time report on their existing operations.

    Fischer’s now signed-into law resolution nullifies California’s ACT rule that requires manufacturers to increase the sales of zero-emission trucks. The rule was part of California and the Biden administration’s continued effort to ban gas-powered vehicles and mandate more expensive zero-emission vehicles.

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI USA: Trahan Delivers Opening Statement at Legislative Hearing on GOP College Sports Bill

    Source: United States House of Representatives – Congresswoman Lori Trahan (D-MA-03)

    WASHINGTON, DC – Today, Congresswoman Lori Trahan (MA-03), a former Division I volleyball player, delivered the following opening statement at the House Energy and Commerce Committee’s hearing on partisan legislation that would roll back the rights of college athletes and hand massive giveaways to the NCAA and powerful conferences.
    “The SCORE Act uses the approval of the House settlement as justification to slam the door on future progress for college athletes. Proponents claim the system is broken, but the fact that three separate antitrust cases are being settled proves otherwise. We have a system where the NCAA, conferences, and their member institutions set rules. Athletes can challenge them. And if the rules are unfair, courts can intervene, or a deal can be struck. This bill rewrites that process to guarantee the people in power always win, and the athletes who fuel this multibillion-dollar industry always lose,” Congresswoman Trahan said.
    CLICK HERE or the image below to watch Trahan’s opening statement. A transcript is embedded below.

    —————————————-
    Congresswoman Lori Trahan
    Remarks as Delivered
    House Energy and Commerce Hearing on “Winning Off the Field: Legislative Proposal to Stabilize NIL and College Athletics”
    June 12, 2025
    I’m deeply disappointed for the second year in a row, Republicans on this Committee are advancing a partisan college sports bill that protects the power brokers of college athletics at the expense of the athletes themselves. This legislation was crafted behind closed doors, with no input from Democratic members of the Energy and Commerce Committee, the Judiciary Committee, or the Education and Workforce Committee.
    In fact, we didn’t see a draft of the bill until late last week – not because our Republican colleagues shared it with us, but because lobbyists and members of the media got it first. I’m a former D1 athlete, and I’m deeply, I care deeply about the future of college sports. So that when I asked the Chairman about the rumored hearing today, he said he’d be happy to discuss the proposal with me beforehand. Sadly, that meeting never happened.
    What makes this all the more frustrating is that there is bipartisan agreement on serious problems in college sports that deserve congressional action. International athletes are being denied the same NIL rights as their teammates. Women are being left out of roster spots due to Title IX loopholes.
    We could be working together on solutions. Instead, the SCORE Act uses the approval of the House settlement as justification to slam the door on future progress for college athletes.
    Proponents claim the system is broken, but the fact that three separate antitrust cases are being settled proves otherwise. We have a system where the NCAA, conferences, and their member institutions set rules. Athletes can challenge them. And if the rules are unfair, courts can intervene, or a deal can be struck.
    This bill rewrites that process to guarantee the people in power always win, and the athletes who fuel this multibillion-dollar industry always lose.
    I oppose the legislation as written, and I look forward to hearing from our witnesses, and I yield to Congresswoman Clark.
    ###

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI USA: In Washington Post Op-Ed, Pressley & Hamilton Reject “Trump Accounts,” Urge Congress to Embrace Baby Bonds to Close Wealth Gap

    Source: United States House of Representatives – Congresswoman Ayanna Pressley (MA-07)

    “Trump accounts fall drastically short of addressing the real hurdles Americans face.”

    “In a just nation, everyone should have the economic power and financial opportunity to build wealth and live the productive life they choose. That’s what baby bonds offer: real solutions to wealth inequality and real investments that can transform the future for millions of children.”

    WASHINGTON – In an op-ed published in the Washington Post, Congresswoman Ayanna Pressley (MA-07) and economist Darrick Hamilton discussed the regressive, ineffective “Trump Accounts” provision of Republicans’ reconciliation bill, outlined how Trump Accounts fall short of what is needed to close the wealth gap in America, and urged Congress to embrace Baby Bonds to advance economic justice.

    For over six years, Rep. Pressley and Senator Cory Booker (D-NJ), in partnership with Mr. Hamilton, have championed Baby Bonds, bicameral legislation to close the racial wealth gap, disrupt cycles of intergenerational poverty, and make economic opportunity a birthright for every child.

    The full text of the op-ed is available below and can be read on the Washington Post website here.

    Washington Post Op-Ed: ‘Trump accounts’ will save kids? Republicans can’t be serious.
    By Rep. Ayanna Pressley and Darrick Hamilton
    June 11, 2025

    In the United States, the wealthiest nation in the world, a child born into poverty is unlikely to ever climb out of it. Wealth inequality in this country has reached historic highs, with the top 10 percent of households holding 67 percent of the nation’s wealth, while the bottom 50 percent holds just 2.5 percent. This means that millions of children grow up lacking basic economic security.

    Now as much as ever, we need real investment in our children.

    The Republican reconciliation bill that recently passed the House does nothing to address our glaring wealth inequality. Not only does it slash Medicaid, food assistance and other essential programs for the more than 30 percent of Americans who can’t put together $400 for an emergency expense, but also tucked into this harmful bill are provisions that claim Americans can build wealth through “Trump accounts.” Under the GOP proposal, every child born in the next four years would receive a one-time $1,000 government contribution into a tax-free investment account, to which families may contribute up to $5,000 annually.

    But this is not a serious solution.

    Trump accounts fall drastically short of addressing the real hurdles Americans face. These accounts are built on the presumption that individuals lack the incentive to save. In fact, what they lack is disposable income. Anyone can lawfully open a savings account for their child, such as a 529 account for college, but most are not positioned to take advantage of such accounts. A 2016 Federal Reserve Bank study found that just 2.5 percent of all families had a 529 savings account — and among households in the bottom half of the income distribution, that number dropped to only 0.3 percent. Most are not positioned to take advantage of new savings accounts. And by restricting eligibility to children born in the next four years, the proposal makes clear it was never intended to truly confront generational poverty and the wealth gap.

    Trump accounts are structured to benefit primarily more affluent families — those who already have money to invest. For those struggling to put food on the table or afford a doctor’s visit, the choice isn’t between consumption and investment — it’s between groceries and medicine. Though many Americans could use real support — such as extra cash when a new baby arrives — the Republican bill moving through the Senate threatens to slash essential programs, leaving families worse off. And ironically, it contains no provision to protect low-income recipients from the “benefit cliff” — the asset limits that could disqualify them from essential services such as housing or income support once they reach adulthood.

    Contrast this with the legislative vision we’ve championed for more than six years: baby bonds.

    Known in Congress as the American Opportunity Accounts Act, the legislation to create baby bonds is rooted in the principle that every child, no matter their race, family income or birth circumstances, deserves a fair shot at building wealth and securing their future.

    Here’s how it works: Every child receives $1,000 at birth. But unlike Trump accounts, baby bonds don’t stop there. Children would continueto receive additional deposits from the government every year, progressivelyscaled to family income. These funds would grow over time in safe, federally managed investment accounts. At age 18, young adults could access their accounts to pay for allowable expenses, including homeownership, higher education or starting a business — the kind of human and financial capital investments that change life trajectories. Building wealth from birth this way is cost-effective — supercharging dollars through years of interest — and also disrupts the cycle of intergenerational poverty.

    Baby bonds also tackle the root problem of asset inequality — something the regressive tax structure of the Trump accounts does not fix. Rather than simply encouraging investment by those who already have the money, baby bonds seek to ensure that everyone has a meaningful stake in the economy and an opportunity to build financial stability and wealth.

    Baby bonds wouldn’t replace private investment — they would complement it by providing every young person with a baseline of security. They would create a public foundation of capital while still allowing private investment and individual agency. In doing so, they don’t displace the market but expand the pool of those who can benefit from it.

    There is also a deeper issue at play. Trump accounts amount to a government subsidy for asset managers — another tax-advantaged inflow into the financial services industry. In effect, they are a backdoor giveaway to Wall Street, wrapped in the rhetoric of economic populism.

    Our country has a long history of wealth-building programs that expanded opportunity — from the Homestead Act to the GI Bill, which led to the greatest expansion of the middle class in U.S. history. But too often, those benefits were not accessible to all Americans, especially Black Americans and Native Americans, from whom much of the land seeded in the Homestead Act was taken, often violently. We now have the chance to design a 21st-century wealth-building initiative that is inclusive, equitable and grounded in sound economic theory and evidence.

    We vehemently oppose the Republican budget reconciliation bill and urge the Senate to halt this attack on Medicaid, food assistance and more. In a just nation, everyone should have the economic power and financial opportunity to build wealth and live the productive life they choose. That’s what baby bonds offer: real solutions to wealth inequality and real investments that can transform the future for millions of children.

    Darrick Hamilton is chief economist at the AFL-CIO and director of the Institute on Race, Power and Political Economy at the New School. Ayanna Pressley, a Democrat, represents Massachusetts’s 7th Congressional District in the U.S. House of Representatives.

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI: Absecon Bancorp Declares Second-Quarter Cash Dividend of $0.90 Per Share

    Source: GlobeNewswire (MIL-OSI)

    ABSECON, N.J., June 12, 2025 (GLOBE NEWSWIRE) — Absecon Bancorp (the “Company”) (OTC, trading as ASCN), the bank holding company of First National Bank of Absecon, an Atlantic County New Jersey based community bank, announced today that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.90 per share, payable on June 30, 2025 to shareholders of record as of June 20, 2025.

    The First National Bank of Absecon, a nationally chartered bank headquartered in Absecon, New Jersey, has a long history of serving the community since its establishment in 1916. The company is a community bank focused on providing deposit and loan products to retail customers and to small and mid-sized businesses from its primary market area in Atlantic County, New Jersey, and secondary markets consisting of portions of Burlington, Cape May, Cumberland, Gloucester, and Ocean Counties. Deposits at The First National Bank of Absecon are insured up to the legal maximum amount by the Federal Deposit Insurance Corporation (FDIC).

    Dividend distributions are processed by Computershare Trust Company, N.A. (“Agent”).

    Contact:     C. Eric Gaupp, Vice Chairman President, and Chief Executive Officer
    106 New Jersey Avenue
    PO Box 324
    Absecon, NJ 08201
    Office: 609-641-6300
    email: egaupp@FNBAbsecon.com
         

    The MIL Network –

    June 13, 2025
  • MIL-OSI: Issue of 32.274 MEUR Green Bonds of UAB “Atsinaujinančios energetikos investicijos” and implementation of the cash tender offer

    Source: GlobeNewswire (MIL-OSI)

    UAB “Atsinaujinančios energetikos investicijos” (hereinafter, the “Company”) on 11 June 2025 has finished a public offering led by FMĮ “Orion securities” during which the Company has successfully distributed 32.274 MEUR Green Bonds first series and first tranche issue at 8.0% yield, under its EUR 100 million unsecured fixed-interest note programme. The base prospectus of the programme was approved by the Bank of Lithuania on 27 May 2025. This transaction marks a continuation of the implementation of a distinctive Green Bond Programme in the Baltic market. The proceeds from the note issuance will be used to refinance existing bonds (ISIN LT0000405938).

    32.274 MEUR Green Bonds issue (issue date 13 June 2025) is expected to be listed on the Baltic Bond list of Nasdaq Vilnius not later than within 30 days as from the issue date.

    Additional information:

    Issuer’s full name UAB “Atsinaujinančios energetikos investicijos”
    Issuer’s short name AEIB050025A
    Securities ISIN code LT0000134439
    Nominal value of one bond EUR 100,000, which may be increased in increments of EUR 1,000
    Total aggregated nominal value EUR 32,274,000
    Issue commencement date: 2025-06-13
    Maturity date 2027-12-13

    On 12 June 2025 the Company has also closed a cash tender offer, during which holders of EUR 2021/2025 notes (ISIN LT0000405938) were offered to tender their notes for 99 per cent of denomination per each note. As a result of the tender, the Company will redeem 10 102 units of EUR 2021/2025 notes (ISIN LT0000405938) for a total price of EUR 10 000 980. Investors will receive tender cash payment on 16 June 2025.

    Investors who subscribed for bonds via exchange offer will receive newly issued notes to their investment accounts on 16 June 2025.

    After issue of new notes and implementation of the cash tender offer outstanding nominal value of EUR 2021/2025 notes (ISIN LT0000405938) will be EUR 54 134 000.

    FMĮ “Orion securities” acted as Arranger and Dealer on the transaction, law firm TGS Baltic acted as legal advisor of the transaction.

    Contact person for further information:

    Mantas Auruškevičius

    Manager of the Investment Company

    mantas.auruskevicius@lordslb.lt

    The MIL Network –

    June 13, 2025
  • MIL-OSI: Atrium Mortgage Investment Corporation Announces $30 Million Public Offering of Convertible Unsecured Subordinated Debentures

    Source: GlobeNewswire (MIL-OSI)

    THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

    TORONTO, June 12, 2025 (GLOBE NEWSWIRE) — Atrium Mortgage Investment Corporation (TSX:AI, AI.DB.D, AI.DB.F and AI.DB.G) (“Atrium”) announced today that it has entered into an agreement with a syndicate of underwriters bookrun by TD Securities Inc. and RBC Capital Markets, pursuant to which the underwriters will purchase $30 million aggregate principal amount of 6.00% convertible unsecured subordinated debentures of Atrium due September 30, 2032 at a price of $1,000 per debenture. Atrium has also granted to the underwriters an over-allotment option to purchase up to an additional $4,500,000 aggregate principal amount of debentures at the same price, exercisable in whole or in part at any time for a period of up to 30 days following closing of the offering, to cover over-allotments. If the over-allotment option is exercised in full, the gross proceeds of the offering will total $34,500,000.

    Atrium will use the net proceeds of the offering to repay existing indebtedness under its revolving operating credit facility, which will then be available to be drawn, as required, for general corporate purposes, particularly funding future mortgage loan opportunities.

    The offering of debentures is expected to close on or about June 30, 2025 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange.

    The debentures will mature on September 30, 2032 and will accrue interest at the rate of 6.00% per annum payable semi-annually in arrears on March 31 and September 30 in each year, commencing March 31, 2026. At the holder’s option, the debentures may be converted into common shares of Atrium at any time prior to the close of business on the earlier of the business day immediately preceding the maturity date and the business day immediately preceding the date fixed for redemption of the debentures. The conversion price will be $13.65 for each common share, subject to adjustment in certain circumstances.

    The debentures will be direct, unsecured obligations of Atrium, subordinated to other senior indebtedness of Atrium, ranking pari-passu to Atrium’s existing 5.50% convertible unsecured subordinated debentures due December 31, 2025, 5.00% convertible unsecured subordinated debentures due December 31, 2028, and 5.10% convertible unsecured subordinated debentures due March 31, 2029.

    The debentures will not be redeemable before September 30, 2028. On and after September 30, 2028 and prior to September 30, 2030, the debentures may be redeemed, in whole or in part, from time to time at Atrium’s option at par plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Atrium on the Toronto Stock Exchange during the 20 consecutive trading days ending on the fifth trading day preceding the date on which notice of the redemption is given is not less than 125% of the conversion price. On and after September 30, 2030, Atrium may, at its option, redeem the debentures, in whole or in part, from time to time at par plus accrued and unpaid interest.

    Subject to specified conditions, Atrium will have the right to repay the outstanding principal amount of the debentures, on maturity or redemption, through the issuance of its common shares. Atrium will also have the option to satisfy its obligation to pay interest through the issuance and sale of its common shares.

    On or before June 18, 2025, the Company will file with the securities commissions or other similar regulatory authorities in each of the provinces of Canada (excluding Quebec), a preliminary short form prospectus relating to the issuance of the debentures. No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States unless an exemption from registration is available. This news release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of Atrium in any jurisdiction.

    About Atrium

    Canada’s Premier Non-Bank Lender™

    Atrium is a non-bank provider of residential and commercial mortgages that lends in major urban centres in Canada where the stability and liquidity of real estate are high. Atrium’s objectives are to provide its shareholders with stable and secure dividends and preserve shareholders’ equity by lending within conservative risk parameters.

    Atrium is a Mortgage Investment Corporation (MIC) as defined in the Income Tax Act (Canada), so is not taxed on income provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after December 31 each year. Such dividends are generally treated by shareholders as interest income, so that each shareholder is in the same position as if the mortgage investments made by the company had been made directly by the shareholder. For further information, please refer to regulatory filings available at www.sedarplus.ca or Atrium’s website at www.atriummic.com.

    Forward-Looking Statements

    This news release contains forward-looking statements. Much of this information can be identified by words such as “expect to,” “expected,” “will,” “estimated” or similar expressions suggesting future outcomes or events and includes the expected use of proceeds and the expected closing date of the offering. Atrium believes the expectations reflected in such forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.

    Forward-looking statements are based on current information and expectations that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those anticipated. These risks include, but are not limited to, risks associated with the ability to satisfy regulatory, stock exchange and commercial closing conditions of the offering, the uncertainty associated with accessing capital markets and the risks related to Atrium’s business, including those identified in Atrium’s annual information form for the year ended December 31, 2024 under the heading “Risk Factors” (a copy of which may be obtained at www.sedarplus.ca). Forward-looking statements contained in this news release are made as of the date hereof and are subject to change. All forward-looking statements in this news release are qualified by these cautionary statements. Except as required by applicable law, Atrium undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

    For further information, please contact

    The MIL Network –

    June 13, 2025
  • MIL-OSI Africa: Niger’s Economy Rebounds in 2024 Thanks to Large-Scale Oil Exports and a Good Agricultural Season

    Source: Africa Press Organisation – English (2) – Report:

    Download logo

    Niger’s economy recorded robust growth in 2024, driven by large-scale oil exports. However, short-term sources of growth remain limited and exposed to downside risks, according to the World Bank’s latest economic update for Niger, published today.

    The report analyzes the country’s economic, and poverty trends and provides a three-year outlook. A special chapter is dedicated to analyzing Niger’s agri-food system, offering recommendations for its effective transformation.

    According to the report, Niger’s economy grew by 8.4% in 2024, up from 2% in 2023. This acceleration was primarily fueled by the start of large-scale oil exports and strong agricultural production, supported by favorable weather conditions. Despite high inflation, including rising food prices, sustained growth contributed to a reduction of extreme poverty. Government revenues fell in 2024 due to a decrease in tax revenues – particularly trade-related taxes – leading to a reduction in investment spending. The resulting deficit, combined with a rapid accumulation of debt, led the IMF and World Bank to jointly downgrade Niger’s debt sustainability risk rating from moderate to high.

    “Economic growth is expected to remain relatively high in the short-term, but Niger’s sources of growth – oil and rain-fed agriculture – are limited and vulnerable to shocks and volatility,” said Han Fraeters, World Bank Country Manager for Niger. “Investing in an efficient and resilient agri-food system is crucial if Niger is to achieve long-term, sustainable, and inclusive growth.”

    Economic growth is projected to slow down in 2025, due to a high base effect from 2024 but is expected to remain above 6%, supported by the continued expansion of the oil sector. Inflation is expected to ease, thanks to the strong 2024 harvest. The extreme poverty rate is project to decline in 2025-2027 if agricultural output remains robust. However, food insecurity will remain a challenge.

    “If security risks are contained and efforts to expand irrigation are successful, growth could be higher,” said Danon Gnezale, Economist at the World Bank and co-author of the report. “Several options exist to strengthen the agri-food system, including strengthening value chains and producer organizations, investing in climate-smart agriculture technologies, adopting better regulations, and improving infrastructure.”

    – on behalf of The World Bank Group.

    MIL OSI Africa –

    June 13, 2025
  • MIL-OSI USA: Markey, Leader Schumer, Wyden, Merkley Release Data Detailing Hundreds of Rural Hospitals Across U.S. at Risk Due to Republican Health Care Cuts

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey
    Over 300 Rural Hospitals at Disproportionate Risk of Closure, Conversion, or Service Reductions
    Lawmakers Also Provided Data to President Trump, Leader Thune, and Speaker Johnson in Letter
    Letter and Data | Sheps Response
    Washington (June 12, 2025) – Following House Republicans’ passage of a bill that would impose the largest cuts to health care in U.S. history, slashing funding for Medicaid and the Affordable Care Act by more than $1 trillion and triggering more than $500 billion in Medicare cuts, Senator Edward J. Markey (D-Mass.), Ranking Member of the Health, Education, Labor, and Pensions (HELP) Subcommittee on Primary Health and Retirement Security, Democratic Leader Chuck Schumer (D-N.Y), Senator Ron Wyden (D-Ore.), Ranking Member of the Finance Committee, and Senator Jeff Merkley (D-Ore.), Ranking Member of the Budget Committee, released detailed data from the Cecil G. Sheps Center for Health Services Research at the University of North Carolina at Chapel Hill concluding that Republican health care cuts could place over 300 rural hospitals across the U.S. at disproportionate risk of closure, conversion, or service reductions. The data is based on financial indicators including: share of Medicaid patients served, previous years of negative total margins, and data modeling on future financial distress.
    The lawmakers also sent the data in a letter to President Trump, Leader John Thune, and Speaker Mike Johnson, writing, “Addressing the crisis in rural health care access is a national, bipartisan priority, and it should be bipartisan to not worsen that crisis. However, if your party passes these health care cuts into law, Americans in rural communities across the country risk losing health care services and jobs supported by their local hospitals. We urge you to read the attached report and reconsider your position. It is not too late to stop these cuts. Billionaire tax breaks are not worth the cost to American lives and livelihoods.”
    The response from the Cecil G. Sheps Center for Health Services Research at the University of North Carolina at Chapel Hill states, “Substantial cuts to Medicaid or Medicare payments could increase the number of unprofitable rural hospitals and elevate their risk of financial distress. In response, hospitals may be forced to reduce service lines, convert to a different type of health care facility, or close altogether.” The data shows the following regarding at-risk rural hospitals:
    Over 338 rural hospitals are at particular risk of closure, conversion, or service reduction from substantial health care cuts because the hospitals either take a high relative share of Medicaid patients, or have experienced 3 years of negative total margins, or both. This includes 33 hospitals in Louisiana, 35 hospitals in Kentucky, and 21 hospitals in Oklahoma.
    In Alaska, 4 rural hospitals – more than 40 percent of rural hospitals with available data – serve high concentrations of Medicaid patients.
    In West Virginia, nearly a quarter of rural hospitals are serving high concentrations of Medicaid patients, and 15 percent of rural hospitals are at the highest relative risk of financial distress.
    In Alabama, 8 rural hospitals – nearly 20 percent of rural hospitals with available data – are in the highest relative risk category of financial distress.
    In Tennessee, 9 rural hospitals – or 18 percent of rural hospitals in the state with available data – have experienced 3 years of negative total margins, and 9 rural hospitals are at highest relative risk of financial distress.
    In the face of these Republican cuts, a majority of adults living in rural areas are concerned that health care cuts will “negatively impact hospitals, nursing homes, and other health care providers in [their] community.” Rural hospitals are struggling; in 2023, there were 50 fewer rural hospitals than in 2017, and a lack of health care access in rural America is contributing to worse health outcomes. Faced with additional cuts to their revenue, many rural hospitals may be forced to stop providing certain services, including obstetric, mental health, and emergency room care, convert to clinics or standalone emergency centers, or close altogether. Rural hospitals are often the largest employers in rural communities, and when a rural hospital closes or scales back their services, communities are not only forced to grapple with losing access to health care, but also with job loss and the resulting financial insecurity.
    “If Republicans plan to pass drastic cuts to Medicaid and Medicare and effectively repeal the Affordable Care Act, communities should know exactly what they stand to lose,” said Senator Markey. “These health care cuts won’t just kick millions off their insurance. These cuts will plunge hospitals across the country into financial chaos, and as this data demonstrates, hundreds of rural hospitals across the country may be forced to stop providing care, limit their services, or close altogether. If hospitals close, many rural communities will lose the biggest employer they have. Seniors, the disabled, and pregnant people will have to travel farther to access care. Families will lose access to care. People will die. The more information we have about this bill, the worse it seems. No life or job is worth a yes vote on this big billionaire bill. We must make sure every American can see how Republicans are willing to pay for billionaire tax breaks with people’s lives, and we must defeat this ugly bill.”
    “As this report proves, the Republicans’ ‘Big, Ugly Betrayal’ is a matter of life and death for millions of Americans. The cruel and far-reaching cuts to Medicaid and the Affordable Care Act are putting hundreds of rural hospitals at risk of closure, limiting services, or mass layoffs,” said Leader Schumer. “Rural Americans already face more obstacles to getting healthcare and many are the lifeblood and major employers of their communities, all of which Republicans are risking to pay for tax cuts for billionaires.”
    “As I hold town hall meetings in each of Oregon’s 36 counties, I frequently hear about struggles folks have in accessing health care in their communities. This isn’t a red state or blue state issue. Medicaid helps every state – especially rural communities,” said Senator Merkley. “More than 300 rural hospitals will be at risk of shutting down – in Oregon and across the country – if Republicans betray middle class families and make these drastic cuts to Medicaid, all so that billionaires can pay less in taxes. This is the Republican plan: families lose, and billionaires win.”
    The lawmakers sent a letter to the Sheps Center director on June 4, 2025, requesting the Center’s expert analysis of how this bill will impact rural hospitals and the communities they serve, particularly inquiring about which rural hospitals in the country treat the highest share of Medicaid recipients; how many rural hospitals are currently in financial distress or at risk of closure; and if the health care cuts in the House-passed budget reconciliation bill were to become law, would the rural hospitals with the highest share of Medicaid recipients or that are currently in financial distress face risk of closure or have to reduce services.

    MIL OSI USA News –

    June 13, 2025
  • MIL-Evening Report: AI overviews have transformed Google search. Here’s how they work – and how to opt out

    Source: The Conversation (Au and NZ) – By T.J. Thomson, Senior Lecturer in Visual Communication & Digital Media, RMIT University

    cosma/Shutterstock

    People turn to the internet to run billions of search queries each year. These range from keeping tabs on world events and celebrities to learning new words and getting DIY help.

    One of the most popular questions Australians recently asked was: “How to inspect a used car?”.

    If you asked Google this at the beginning of 2024, you would have been served a list of individual search results and the order would have depended on several factors. If you asked the same question at the end of the year, the experience would be completely different.

    That’s because Google, which controls about 94% of the Australian search engine market, introduced “AI Overviews” to Australia in October 2024. These AI-generated search result summaries have revolutionised how people search for and find information. They also have significant impacts on the quality of the results.

    How do these AI search summaries work, though? Are they reliable? And is there a way to opt out?

    Synthesising the internet

    Legacy search engines work by evaluating dozens of different criteria and trying to show you the results that they think best match your search terms.

    They take into account the content itself, including how unique, current and comprehensive it is, as well as how it’s structured and organised.

    They also consider relationships between the content and other parts of the web. If trusted sources link to content, that can positively affect its placement in search results.

    They try to infer the searcher’s intent – whether they’re trying to buy something, learn something new, or solve a practical problem. They also consider technical aspects such as how fast the content loads and whether the page is secure.

    All of this adds up to an invisible score each webpage gets that affects its visibility in search results. But AI is changing all this.

    Google is the only search engine that prominently displays AI summaries on its main results page. Bing and DuckDuckGo still use traditional search result layouts, offering AI summaries only through companion apps such as Copilot and Duck.ai.

    Instead of directing users to one specific webpage, generative AI-powered search looks across webpages and sources to try to synthesise what they say. It then tries to summarise the results in a short, conversational and easy-to-understand way.

    In theory, this can result in richer, more comprehensive, and potentially more unique answers. But AI doesn’t always get it right.

    Google is the only search engine that prominently displays AI summaries on its main results page.
    DIA TV/Shutterstock

    How reliable are AI searches?

    Early examples of Google’s AI-powered search from 2024 suggested users eat “at least one small rock per day” – and that they could use non-toxic glue to help cheese stick to pizza.

    One issue is that machines are poorly equipped to detect satire or parody and can use these materials to respond in place of fact-based evidence.

    Research suggests the rate of so-called “hallucinations” – instances of machines making up answers – is getting worse even as the models driving them are getting more sophisticated.

    Machines can’t actually determine what’s true and false. They cannot grasp the nuances of idioms and colloquial language and can only make predictions based on fancy maths. But these predictions don’t always end up being correct, which is an issue – especially for sensitive medical or health questions or when seeking financial advice.

    Rather than just present a summary, Google’s more recent AI overviews have also started including links to sources for key aspects of the answer. This can help users gauge the quality of the overall answer and see where AI might be getting its information from. But evidence suggests sometimes AI search engines cite sources that don’t include the information they claim they do.

    What are the other impacts of AI search?

    AI search summaries are transforming the way information is produced and discovered, reshaping the search engine ecosystem we’ve grown accustomed to over two decades.

    They are changing how information-seekers formulate search queries – moving from keywords or phrases to simple questions, such as those we use in everyday conversation.

    For content providers, AI summaries introduce significant shifts – undermining traditional search engine optimisation techniques, reducing direct traffic to websites, and impacting brand visibility.

    Notably, 43% of AI Overviews link back to Google itself. This reinforces Google’s dominance as a search engine and as a website.

    The forthcoming integration of ads into AI summaries raises concerns about the trustworthiness and independence of the information presented.

    Some internet users are switching search engines entirely and turning to providers that don’t provide AI summaries, such as Bing and DuckDuckGo.
    Casimiro PT/Shutterstock

    Where to from here?

    People should always be mindful of the key limitations of AI summaries.

    Asking for simple facts such as, “What is the height of Uluru?” may yield accurate answers.

    But posing more complex or divisive questions, such as, “Will the 2032 Olympics bankrupt Queensland?”, may require users to open links and delve deeper for a more comprehensive understanding.

    Google doesn’t offer a clear option to turn this feature off entirely. Perhaps the simplest way is to click on the “Web” tab under the search bar on the search results, or to add “-ai” to the search query. But this can get repetitive.

    Some more technical solutions are manually creating a site search filter through Chrome settings. But these require an active act by the user.

    As a result, some developers are offering browser extensions that claim to remove this aspect. Other users are switching search engines entirely and turning to providers that don’t provide AI summaries, such as Bing and DuckDuckGo.

    T.J. Thomson receives funding from the Australian Research Council. He is an affiliate with the ARC Centre of Excellence for Automated Decision Making & Society.

    Ashwin Nagappa receives funding fromthe Australian Research Council. He is a Postdoctoral Research Fellow in the QUT node of the ARC Centre of Excellence for Automated Decision Making & Society.

    Shir Weinbrand receives funding from the Australian Research Council. She is a PhD candidate in the QUT node of the ARC Centre of Excellence for Automated Decision Making & Society.

    – ref. AI overviews have transformed Google search. Here’s how they work – and how to opt out – https://theconversation.com/ai-overviews-have-transformed-google-search-heres-how-they-work-and-how-to-opt-out-258282

    MIL OSI Analysis – EveningReport.nz –

    June 13, 2025
  • MIL-OSI Canada: Canada expands and diversifies its creative industries market reach in East Asia

    Source: Government of Canada News (2)

    GATINEAU, June 12, 2025

    The Indo-Pacific region is home to some of our most important creative export markets and represents great growth potential for Canada. We are seizing opportunities to thrive in these booming markets.

    Today, the Honourable Steven Guilbeault, Minister of Canadian Identity and Culture and Minister responsible for Official Languages, celebrates a successful Canadian creative industry trade mission to East Asia. From June 1 to June 12, the Government of Canada led a multi-sector delegation of more than 40 Canadian companies and organizations with high export potential to South Korea and Japan to expand their networks and develop new creative partnerships in these markets.

    As Canada works to build a stronger, more resilient economy, the Government of Canada and its partners supported a selected group of Canadian experts and creative industry leaders from the audiovisual, book publishing, interactive and digital media, music, and performing arts sectors in building valuable connections and securing business deals with key industry players from Japan and South Korea.

    The program also included strategic site visits and expert market information sessions, and showcased Canada’s creative business potential at Expo 2025 Osaka. The Year of Cultural Exchanges between Canada and the Republic of Korea also provided a unique springboard for creative industries in both countries to deepen their cultural ties and increase trade, with the concert by Canada’s National Arts Centre Orchestra in Seoul on May 31 being a signature event to mark the closing of this special year.

    Canada is committed to further deepening its ties and fostering global collaboration and innovation in the creative sector. The Government will continue to work closely with Canada’s creative industry professionals to drive the expansion of their presence in international markets, strengthen their global competitiveness and showcase Canada as a partner of choice.

    MIL OSI Canada News –

    June 13, 2025
  • MIL-OSI USA: Nadler Speech on Situation in Israel and the Palestinian Territories

    Source: United States House of Representatives – Congressman Jerrold Nadler (10th District of New York)

    Today, Congressman Jerrold Nadler (NY-12), the most senior Jewish Member of the House of Representatives, spoke on the House floor regarding the current situation in Israel and the Palestinian Territories:

    Mr. Speaker, I rise today in support of Israeli security, Palestinian freedom, a just, peaceful, and swift end to the war in Gaza, and an eventual, viable, and negotiated two-state solution.

    The situation in Gaza today is dire. I want to be clear: the war in Gaza began with Hamas’ brutal attack on innocent Israelis on October 7th, the bloodiest day in Jewish history since the Holocaust. For many in the Jewish community, in the United States and around the world, time stopped on that day, and has not yet resumed. It will resume when all the hostages are home. It will resume when the war is over, and the reservists can return to their families. It will resume when there is enough food, water, and medicine in Gaza to alleviate the humanitarian catastrophe. It will resume when families on both sides of the border can sleep peacefully without the constant fear of rockets and bombs falling from the sky. It will resume when there is a lasting, durable, and negotiated ceasefire.

    And Mr. Speaker, that day need not be far away. Israel achieved its goal of destroying the military capabilities and existential threat of Hamas months ago. Now Prime Minister Netanyahu should be proclaiming victory and indicating his readiness to withdraw from Gaza contingent on the return of all the hostages—both living and dead. He should be signaling his willingness to support an international security force on an interim basis to ensure law and order, and Israel’s support for international investment in the training and equipping of an eventual Palestinian security force. He should be supporting confidence building measures in the West Bank which empower the Palestinian Authority—contingent on the PA embracing and implementing real reforms, he should not be enacting an annexationist vision, while the plague of settler violence runs rampant.

    The alternative, Mr. Speaker, is a stark and disturbing picture. This week, Tom Friedman wrote in the New York times that, if “Israel goes ahead with Netanyahu’s vow to perpetuate this war indefinitely — to try to achieve… the far right’s fantasy of ridding Gaza of Palestinians and resettling it with Israelis — Jews worldwide better prepare themselves, their children and their grandchildren for a reality they’ve never known: to be Jewish in a world where the Jewish state is a pariah state — a source of shame, not of pride.  Because one day, foreign photographers and reporters will be allowed to go into Gaza unescorted by the Israeli Army. And when they do, and the full horror of the destruction there becomes clear to all…”

    Friedman continued, Mr. Speaker, writing, “Israel, instead of being seen by Jews as a safe haven from antisemitism, will be seen as a new engine generating it; sane Israelis will line up to emigrate to Australia and America rather than beckon their fellow Jews to come Israel’s way. That dystopian future is not here yet, but if you don’t see its outlines gathering, you are deluding yourself.”

    Mr. Friedman is not alone in this analysis. Indeed, Mr. Speaker, former Israeli security officials have been speaking out.

    Last week, two former Israeli Air Force pilots, Brigadier General Asaf Agmon and Colonel Uri Arad, published a letter in Hebrew in the Israeli newspaper Haaretz. They wrote “as the war in Gaza dragged on, it became clear that it was losing its strategic and security purposes and instead served primarily the political and personal interests of the government. It thus became an unmistakably immoral war, and increasingly appeared to be a war of revenge.”

    I agree with these distinguished former officials. It is clear to me that we long ago reached the point where victory is no longer the goal, and the main obstacle to bringing the hostages home and ending the war is the politics of one man: Prime Minister Benjamin Netanyahu.

    General Agmon and Colonel Arad are not peace activists, Mr. Speaker. They are former top Israeli air force pilots and high-ranking officers, and we must heed their calls.

    They are not alone, Mr. Speaker. Commanders for Israel’s Security is a movement of over 550 retired senior officials from Israel’s defense, security and diplomatic services. The Commanders, as they are often referred to, recently published a letter urging Jewish diaspora voices to speak out in favor of ending the violence in Gaza. They wrote, “Accused of weakening Israel or betraying their connection to the Jewish state, they are told that those who live abroad or do not serve in the I.D.F. must keep silent. We categorically reject the notion that Jews in the diaspora must remain silent on matters concerning Israel… To those who fear that public criticism undermines Israel, we say that open, honest dialogue only reinforces our democracy and our security.”

    This is true for this body too, Mr. Speaker. We all must speak up. If our voices contribute to preventing one more ounce of bloodshed, or to the return home of a hostage one minute sooner, or gets one more piece of bread into the hands of a starving Gazan, or helps redeem the moral position of the State of Israel, our words are worth it. Jewish tradition teaches in Mishna Sanhedrin that “saving one life is like saving the whole world.” I hope that we can come together to heed the voices that are speaking out at this moment, and that together work to save as many worlds as we can.

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI USA: Jayapal Introduces Legislation to Protect Domestic Workers

    Source: United States House of Representatives – Congresswoman Pramila Jayapal (7th District of Washington)

    WASHINGTON — U.S. Representative Pramila Jayapal (WA-07) is today leading 104 Members of Congress in reintroducing the National Domestic Workers Bill of Rights. The groundbreaking legislation will finally extend common workplace rights and protections to the 2.2 million domestic workers in the United States, who are currently excluded from the Fair Labor Standards Act (FLSA) and other key labor and safety laws that the majority of the workforce relies on. The legislation would also improve job quality by ensuring paid sick days, written agreements, and other benefits.

    “Domestic workers are too often called essential, but treated as expendable,” said Jayapal. “These workers, who are predominantly women of color and immigrants, make all other work possible. This landmark legislation ensures that domestic workers are finally included in our existing labor laws, giving them access to the basic protections they deserve in the workplace, including overtime pay, guaranteed rest and meal breaks, time off, and legal protections from unsafe working conditions and harassment. It will finally give our domestic workers the dignity and respect they deserve. This legislation is more important now than ever as the Trump Administration works to strip many of the programs domestic workers rely on to survive, like Medicaid and food assistance.”

    Since they are unprotected from labor laws, domestic workers are more likely to live in poverty than workers in other, protected sectors. In 2023, the typical domestic worker earned $20,926 per year, which is not enough to afford a one-bedroom apartment anywhere in the United States. Four in five domestic workers also do not receive sick days, and one in three do not receive breaks during work. 

    “Domestic workers have always been essential,” said Jenn Stowe, Executive Director of the National Domestic Workers Alliance. “For generations, women of color and immigrant women have provided the care that powers our economy and strengthens our communities. Yet today, that essential work is under threat—from looming Medicaid cuts that would devastate workers and care recipients alike, to harmful immigration enforcement that destabilizes families and instills fear in communities where there should be safety. The reintroduction of the Domestic Workers Bill of Rights is a declaration that no one should have to live or work in fear, and that every worker deserves dignity, safety, and respect.”

    The legislation amends the Civil Rights Act and the FLSA to ensure domestic workers are able to earn overtime, sick days, and are able to request time off for personal reasons, that their employment is subject to a written agreement, that they are provided meal and rest breaks, that their privacy is protected, and that they are protected from workplace discrimination and harassment. It would also create additional resources to better implement these protections and rights and establish a National Domestic Worker Hotline where workers can call to seek assistance on employment issues. 

    The legislation is cosponsored by Alma S. Adams, PhD (NC-12), Gabe Amo (RI-01), Yassamin Ansari (AZ-03), Becca Balint (VT-00), Rep. Nanette Barragan (CA-44), Joyce Beatty (OH-03), Don Beyer (VA-08), Suzanne Bonamici (OR-01), Brendan F. Boyle (PA-02), Shontel Brown  (OH-11), Julia Brownley (CA-26), Nikki Budzinski (IL-13), Andre Carson (IN-07), Troy A. Carter, Sr. (LA-02), Greg Casar (TX-35), Sean Casten (IL-06), Joaquin Castro (TX-20), Sheila Cherfilus-McCormick (FL-20), Judy Chu (CA-28), Yvette D. Clarke (NY-09), Emanuel Cleaver, II (MO-05), Steve Cohen (TN-09), Jasmine Crockett (TX-30), Danny K. Davis (IL-07), Madeleine Dean (PA-04), Rosa DeLauro (CT-03), Suzan DelBebe (WA-01), Chris Deluzio (PA-17), Mark DeSaulnier (CA-10), Maxine Dexter (OR-03), Debbie Dingell (MI-06), Lloyd Doggett (TX-37), Veronica Escobar (TX-16), Adriano Espaillat (NY-13), Dwight Evans (PA-03), Cleo Fields (LA-06), Valerie Foushee (NC-04), Maxwell Alejandro Frost (FL-10), John Garamendi (CA-08), Robert Garcia (CA-42), Jesus G. “Chuy” Garcia (IL-04), Sylvia R. Garcia (TX-29), Daniel Goldman (NY-10), Jimmy Gomez (CA-34), Al Green (TX-09), Jahana Hayes (CT-05), Steven Horsford (NV-04), Val Hoyle (OR-04), Jared Huffman (CA-02), Jonathan L. Jackson (IL-01), Sara Jacobs (CA-51), Henry C. “Hank” Johnson, Jr.  (GA-04), Robin L. Kelly (IL-02), Ro Khanna (CA-17), Raja Krishnamoorthi (IL-08), Summer Lee (PA-12), Teresa Leger Fernández  (NM-03), Stephen Lynch (MA-08), Seth Magaziner (RI-02), Doris Matsui  (CA -07), Sarah McBride (DE-AL), Jennifer McClellan (VA-04), Betty McCollum (MN-04), James P. McGovern (MA-02), LaMonica McIver (NJ-10), Rob Menendez (NJ-08), Grace Meng (NY-06), Kweisi Mfume (MD-07), Gwen Moore (WI-04), Kevin Mullin (CA-15), Jerrold Nadler (NY-12), Eleanor Holmes Norton (DC-AL), Alexandria Ocasio-Cortez (NY-14), Ilhan Omar (MN-05), Chellie Pingree (ME-01), Mark Pocan (WI-02), Ayanna Pressley (MA-07), Mike Quigley (IL-05), Delia Ramirez (IL-03), Deborah K. Ross (NC-02), Andrea Salinas (OR-06), Linda Sanchez (CA-38), Mary Gay Scanlon (PA-05), Jan Schakowsky (IL-09), David Scott (GA-13), Lateefah Simon (CA-12), Adam Smith (WA-09), Melanie Stansbury (NM-01), Haley Stevens (MI-11), Eric Swalwell (CA-14), Emilia Sykes (OH-13), Mark Takano (CA-39), Shri Thanedar (MI-13), Bennie G. Thompson  (MS-02), Rashida Tlaib (MI-12), Jill Tokuda (HI-02), Ritchie Torres (NY-15), Lori Trahan (MA-03), Juan Vargas (CA-52), Nydia M. Velázquez (NY-07), Debbie Wasserman Schultz (FL-25), Bonnie Watson Coleman  (NJ -12), Nikema Williams (GA-05), Frederica S. Wilson (FL-24). 

    It is also endorsed by A Better Balance, A.Y.U.D.A Inc., Autistic Self Advocacy Network, Black Labor Week Project Inc., Border Workers United, Campaign for a Family Friendly Economy , Caring Across Generations, Center for Gender & Refugee Studies, Centro Cultural de Mexico, Coalition for Humane Immigrant Rights (CHIRLA), Coalition on Human Needs, Community Change Action, Detroit Disability Power, Family Values @ Work, Freedom Network USA, Hand in Hand: The Domestic Employers Network, Institute for Women’s Policy Research, Just Solutions, Justice for Migrant Women, Justice in Aging, Michigan Disability Rights Coalition , MomsRising, National Council of Jewish Women, National Domestic Workers Alliance, National Employment Law Project, National Organization for Women, National Partnership for Women & Families, New Mexico Center on Law and Poverty, New Orleans Workers’ for Racial Justice, Oxfam America, Paid Leave for All, People’s Action Institute , PHI, Service Employees International Union (SEIU), Seventh Generation Interfaith Coalition for Responsible Investment, Shriver Center on Poverty Law, The Restaurant Opportunity Center of Pennsylvania (ROC PA), Women Employed, Women’s March.

    Issues: Jobs, Labor, & the Economy

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI USA: Governor Ivey Appoints Laurie Hoyt to Baldwin County Circuit Judgeship

    Source: US State of Alabama

    MONTGOMERY – Governor Kay Ivey on Thursday announced the appointment of Laurie Hoyt to serve on the Baldwin County Circuit Court.

    “A longtime resident of Baldwin County, Judge Hoyt is well versed in the law, both criminal and civil,” said Governor Ivey.  “She brings to the bench a broad range of legal experience spanning from private practice to representing the public’s interests in a major state agency.  I am confident she will honorably serve the people of Baldwin County as the newest circuit judge on the 28th Judicial Circuit.”

    “I am honored and grateful that Governor Ivey appointed me to serve as the next Circuit Court Judge in Baldwin County,” said Judge Hoyt.  “I look forward to serving the citizens of Baldwin County and working hard on their behalf.”

    Hoyt assumes the judgeship position vacated by Baldwin County Circuit Court Judge Carmen Bosch who announced her retirement on June 4, 2025.

    Hoyt began her legal career at the firm of James Dorgan, PC, in Fairhope, while also serving as an adjunct substitute Business Law professor at Spring Hill College.  Afterwards, she devoted 18 years as an attorney with the Alabama Department of Human Resources.  As an Assistant Attorney General, she represented the Department in all legal matters, including juvenile and domestic relations cases and complex litigation, and administrative personnel hearings and administrative child abuse/neglect hearings in Baldwin and Escambia counties.

    Hoyt received her Bachelor of Science degree from Spring Hill College in Mobile in 2002 and her Juris Doctor from Loyola University College of Law in 2006.

    Laurie Hoyt and her husband, Baldwin County District Judge Michael Hoyt, have three children and live in Daphne, Alabama.

    Hoyt’s appointment is effective immediately.

    ###

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI USA: Attorney General Bonta Sues Notorious Landlord Mike Nijjar and PAMA Management for Violating California Housing Laws and Exploiting Tenants

    Source: US State of California

    OAKLAND — California Attorney General Bonta today filed a lawsuit against a group of property management and real estate holding companies owned by Southern California rental-housing tycoon Swaranjit “Mike” Nijjar, his sister Daljit “DJ” Kler, and other members of his family. The lawsuit filed today, after a three-year investigation, alleges Nijjar’s companies, commonly known as PAMA Management, egregiously violated numerous California laws by subjecting tenants to unsafe units marked by cockroach and rodent infestations, leaking roofs, overflowing sewage, and other problems. The lawsuit also alleges that the companies discriminate against applicants with Section 8 housing vouchers, overcharge some tenants for rent, and use leases that deceive tenants about their legal rights, among other violations. Most tenants living in PAMA properties have low or fixed incomes, and many are faced with the horrible choice between enduring serious and sometimes catastrophic conditions or becoming homeless. In the complaint filed today in Los Angeles County, Attorney General Bonta seeks penalties, full restitution for financial harm to tenants, disgorgement of ill-gotten gains, and injunctive relief barring Mr. Nijjar, PAMA, and related companies from continuing these unlawful and appalling business practices. 

    “PAMA and the companies owned by Mike Nijjar and his family are notorious for their rampant, slum-like conditions — some so bad that residents have suffered tragic results. Our investigation into Nijjar’s properties revealed PAMA exploited vulnerable families, refusing to invest the resources needed to eradicate pest infestations, fix outdated roofs, and install functioning plumbing systems, all while deceiving tenants about their rights to sue their landlord and demand repairs,” said Attorney General Bonta. “Nijjar and his associates have treated lawsuit after lawsuit and code violation after code violation as the cost of doing business and have been allowed to operate and collect hundreds of millions of dollars each year from families who sleep, shower, and feed their children in unhealthy and deplorable conditions. Enough is enough — today, I step in. I am grateful to all the people who came forward, including the DOJ Consumer Protection Team, California reporters who sounded the alarm, local code enforcement officers who tirelessly respond to tenant complaints, and, most of all, PAMA tenants who spoke out about their distressing experiences.” 

    Background 

    The Nijjar family and their related companies own and manage over 22,000 rental housing units statewide, primarily in low-income neighborhoods in Los Angeles, Riverside, San Bernardino, and Kern Counties — but also spanning up to Sacramento and San Joaquin Counties. Code enforcement officers in these communities routinely cite the Nijjar family’s properties for violating minimum habitability standards. In recent years, the family’s companies have settled dozens of lawsuits alleging habitability defects and unsafe conditions; these lawsuits have involved hundreds of tenants, including some children who have become seriously injured at PAMA properties. In 2016, an infant died in a fire at one of PAMA’s mobile homes in Kern County — which was not permitted for human occupancy. 

    Through this all, it has been business as usual for Mike Nijjar and his corporate entities, which continue to buy new properties, ignore tenants’ pleas for repairs, and operate under an expanding list of company names that makes it difficult for tenants to understand who they are renting from. Tenants may know them by the names of their current and recent property management companies: not only PAMA Management, but also, I E Rental Homes, Bridge Management, Equity Management, Golden Management, Hightower Management, Legacy Management, Mobile Management, Pro Management, and Regency Management. 

    Following extensive reporting from the press and stakeholders, the California Department of Justice began an investigation into PAMA in late 2022 that uncovered widespread habitability violations and other egregious violations of tenants’ rights. 

    Violation of Basic Habitability Standards 

    The Attorney General’s lawsuit alleges that, through their failure to properly maintain units, PAMA and related companies put tenant safety and health at immediate risk. While PAMA units suffer from extensive maintenance issues, among the most common are:

    • water intrusion from leaking roofs and outdated plumbing; 
    • structural damage caused by water intrusion and deferred maintenance;
    • malfunctioning plumbing, including surfacing sewage; and 
    • cockroach and rodent infestations. 

    These violations are not just a mistake; they are part of ongoing business practices. PAMA defers necessary investments in maintenance in favor of quick and cheap repairs; uses unskilled handymen even for specialized work; provides little to no training to staff, many of whom have no experience in property management; and fails to track maintenance requests in any systematic, routine fashion — requests are often lost or never completed. PAMA is aware of these issues and knows their operations lead to uninhabitable conditions, yet these business practices have persisted for years.

    Deceptive Lease Terms

    The lawsuit also alleges that PAMA and related companies entered into tens of thousands of leases with unlawful and deceptive terms that attempt to invalidate rights guaranteed by law. Such rights include the tenant’s right to sue their landlord and present their case to a jury; to make repairs that the landlord neglected and deduct the cost of such repairs from rent; and to have the landlord exercise a duty of care to prevent personal injury or personal property damage.

    PAMA also violated California law by refusing to provide Spanish translations of these leases and other important documents, despite intentionally soliciting Spanish-speaking tenants through dual-language advertising and the hiring of Spanish-speaking employees to fill vacant units and communicate with tenants.  

    Discrimination against Tenants with Section 8 Vouchers

    The lawsuit further alleges that PAMA and related companies discriminate against applicants with Section 8 vouchers who are looking for a home. Section 8 vouchers help low-income families rent housing from private landlords, allowing the family to pay part of the rent while the government pays the rest. In California, it is unlawful to discriminate against a tenant or housing applicant based on their source of income, including their receipt of Section 8 rental assistance. Management companies related to PAMA have violated the law by telling applicants with vouchers that there is a waiting list for units, or that no rental units are available, even when units are in fact available and are being rented to applicants without Section 8 vouchers. 

    Unlawful Rent Increases and Other Misconduct

    The Attorney General’s lawsuit also alleges violations of California’s Tenant Protection Act (TPA) at over 2,000 units, where PAMA and related companies shifted certain mandatory utilities costs — which used to be paid by the landlord — onto their tenants. For tenants protected by the TPA, it is unlawful for landlords to ignore the rent cap when requiring tenants to pay new or increased fees or utility charges. The complaint alleges that these companies began charging tenants for shared utilities, like water, through a ratio utility billing system, known as “RUBS,” forcing tenants to pay for utility charges beyond their control. The combination of these new utility fees and annual rent increases resulted in total increases of up to 20% — more than double the TPA’s rent cap. Furthermore, PAMA and related companies violated the TPA’s notice requirements by failing to include in tenants’ leases legally mandated disclosures to let a tenant know whether the TPA’s protections — which include rent-increase controls and limitations on evictions — apply to them. 

    In addition to the violations above, the lawsuit alleges that PAMA and related companies issued unlawful eviction notices to dozens or hundreds of tenants, and also that the companies have failed to comply with basic real-estate licensing requirements since 2020.

    Anyone – including current or former tenants – who has information that might be relevant to this case are encouraged to share their stories with our office by going to oag.ca.gov/report. To learn more about your rights as a tenant, please visit here.  

    A copy of the complaint can be found here. 

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI USA: Grassley-Wyden Report Exposes How Organ Procurement Organizations Game the System, Fail to Adequately Address Conflicts of Interest

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley
    WASHINGTON – Sens. Chuck Grassley (R-Iowa), a senior member and former Chairman of the Senate Finance Committee, and Ron Wyden (D-Ore.), current Ranking Member, released the results of their bipartisan investigation into nonprofit Organ Procurement Organizations (OPO), which are responsible for obtaining donated organs for transplant and research in the United States. 
    The senators’ staff report reveals additional transparency is needed to strengthen the integrity of the organ procurement network and ensure the health and safety of organ donors and recipients. The investigation confirms the senators’ long-standing concerns, outlining examples of abuse to boost performance ratings and inadequate efforts by OPOs to identify and resolve conflicts of interest.  
    Building on their nearly two decades of work to bring accountability to the organ donation system, Grassley and Wyden launched their investigation in the 118th Congress. As of 2024, 170 million Americans are registered organ donors. Since 1988, nearly 1.1 million life-saving transplants in the U.S. have been made possible from more than a half-million organ donors.  
    “As millions of American families know first-hand, the organ donation system is a matter of life and death. It’s critical to restore integrity to this system and to strengthen the public’s trust in it. Our investigation uncovered clear examples of OPOs exploiting a loophole in direct opposition to congressional intent. We also uncovered OPOs’ failure to clearly and effectively address conflicts of interest. Together, we are working to ensure the stewardship of precious organs is transparent, accountable and effective in order to save lives,” Grassley said. 
    “Americans expect the national organ transplant system to be fair and efficient so as many patients as possible receive the life-saving donation they need,” Wyden said. “Organ procurement organizations are a key link in this chain, and this investigation demonstrates there’s still more work to be done to improve the system. I look forward to building on our work to make the organ procurement network accountable and successful on behalf of American families who are counting on a transplant.” 
    Full text of the investigative report and records can be found HERE.   
    In the course of its investigation, staff reviewed internal research protocols and conflicts of interest documents produced by seventeen OPOs, including One Legacy, Donor Alliance, LifeQuest Organ Recovery Services, Indiana Donor Network, Kentucky Organ Donor Affiliates, Mid-America Transplant, New Jersey Organ and Tissue Sharing Network, LifeBanc, Lifeline of Ohio, Texas Organ Sharing Alliance, LifeCenter Organ Donor Network, Midwest Transplant Network, Versiti Wisconsin, LifeShare Network, Gift of Life Donor Program, Tennessee Donor Services and New Mexico Donor Services. 
    Pancreata Loophole:
    The Centers for Medicare & Medicaid Services (CMS) can re-certify OPOs if they meet certain standards. However, CMS has never decertified an OPO, allowing organizations to face little-to-no consequences for underperformance. To enhance accountability, CMS released a final rule in 2020 to update OPOs’ performance metrics. 
    The rule created a loophole allowing pancreata recovered for research to be counted toward recertification, without clear verification the organs were actually used to advance research. Since the CMS rule was finalized five years ago, pancreata recovered for research by OPOs has increased more than four-fold, without a matching increase in researchers’ demand. 
    Grassley and Wyden have sounded the alarm on the pancreata loophole for over three years, beginning with an April 2022 letter to then-Health & Human Services (HHS) Secretary Becerra and CMS Administrator Brooks-LaSure. 
    The investigation also found serious concerns regarding OPOs’ relationships with third-party research clearinghouses and biobanks. After handing over procured pancreata to third party research arrangements, OPOs had little-to-no ability to verify the organs were utilized for research or that the research conducted was appropriate. OPOs surveyed by the senators reported an 850% increase in pancreata recovered for research without reporting a clear and corresponding research benefit. 
    This undermines HHS oversight and allows underperforming OPOs to inflate their performance at the cost of critically ill patients. The loophole directly violates congressional intent, including the Pancreatic Islet Cell Transplantation Act of 2004.  
    Conflicts of Interest:
    Grassley and Wyden asked eight OPOs to disclose their conflicts of interest policies. Their investigation found CMS does not require uniform conflict of interest policies and procedures, which caused key differences between conflict of interest definitions, as well as who is covered under conflict of interest policies. 
    Despite overwhelming evidence OPOs should address allegations of conflicting business and financial relationships, the Organ Procurement and Transplantation Network (OPTN) is not required to collect details on financial relationships, board member compensation or affiliated businesses. The investigation also found that OPTN and its former sole contractor, the United Network for Organ Sharing (UNOS), failed to act following formal complaints about financial conflicts of interest. 
    Recommendations:
    CMS should clarify the requirements and expectations of OPOs reporting pancreata to be counted toward certification or recertification, to ensure OPOs are following the law and congressional intent.
    CMS should further clarify OPO conflict of interest policies to make clear that OPO governing boards and medical advisory boards, as well as CMS surveyors, monitor actual and potential conflicts.
    OPOs should clearly define policy coverage, scope of conflicts and disclosure procedures.
    OPOs should ensure board involvement, oversight and recording.  
    Background: 
    Grassley and Wyden have long sounded the alarm regarding conflicts of interest within the transplant system. In 2020, they wrote to HHS saying, “OPOs have greater financial incentives to focus more on tissue recovery compared to their incentives to recover lifesaving organs.”   
    A 2022 Senate Finance Committee hearing and staff report highlighted a 2012 case involving the Alabama Organ Center (AOC) and its Executive Director who, according to a whistleblower complaint, participated in a “money laundering” scheme and violated AOC’s own “Standard Operating Procedure.” Following multiple apparent financial conflicts between OPOs and outside entities, Grassley and Wyden sent a letter in 2023 requesting answers on certain OPOs’ financial interests and business relationships.   
    Grassley and Wyden are also the authors of bipartisan Securing the U.S. Organ Procurement and Transplantation Network Act, which marked the first reforms to the U.S. organ donation system in nearly 40 years. 
    -30-

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI USA: Support Grows for AI Whistleblower Protection Act

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley
    WASHINGTON – Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) welcomed growing support for his AI Whistleblower Protection Act from leading whistleblower and AI groups. This week, 22 groups, including the National Whistleblower Center, sent a letter backing Grassley’s legislation to Health, Education, Labor and Pensions (HELP) Committee Chairman Bill Cassidy (R-La.), whose committee has jurisdiction over the legislation. 
    Grassley’s bill provides explicit whistleblower protections to those developing and deploying AI. Currently, AI companies’ alleged use of restrictive severance and nondisclosure agreements (NDAs) create a chilling effect on current and former employees looking to make whistleblower disclosures to the federal government, including Congress.   
    “Transparency brings accountability. Today, too many people working in AI feel they’re unable to speak up when they see something wrong. Whistleblowers are one of the best ways to ensure Congress keeps pace as the AI industry rapidly develops. We need to act to make these protections crystal clear, and I’m proud to see so many groups supporting my legislation to increase accountability and protect AI whistleblowers,” Grassley said. 
    The groups highlight the importance of whistleblowers as increased use of AI brings potential misuse, ethical lapses and unintended consequences.  
    “Employees and industry insiders—rather than regulators—have consistently been among the first to warn about risks of the technologies they’re building. In Silicon Valley, engineers have exposed powerful AI models released without proper safeguards, former staff have surfaced data on youth digital harms, and researchers have stepped forward when serious risks were ignored. Their disclosures—often about conduct that was dangerous but not yet illegal—gave the public and policymakers the evidence needed to act,” the groups wrote. 
    In their letter, the groups state some employees may be deterred from reporting issues due to fear of retaliation or professional repercussions. In June 2024, over a dozen current and former employees from leading AI companies publicly stated that confidentiality agreements and fear of retaliation prevented them from raising legitimate safety concerns. 
    “Congress has the opportunity to protect individuals who come forward in good faith and to reinforce the principle that safety, ethics, and accountability must accompany innovation … [t]he AI Whistleblower Protection Act helps ensure that those working to develop and deploy AI systems are not punished for acting in the best interest of the public. Strong whistleblower protections are a cornerstone of responsible governance and essential to guiding AI development in a way that upholds our shared democratic values,” the groups continued. 
    In addition to the National Whistleblower Center, the letter was signed by the Americans for Responsible Innovation, Center for Democracy & Technology, Center for Humane Technology, Center for Youth and AI, CoFund, Demand Progress, Design It For Us Coalition, Encode AI, Government Accountability Project, National Consumers League, National Decency Coalition, National Employment Law Project, NoSo November, Psst.org, Public Knowledge, Secure AI Project, The Anti-Fraud Coalition, The Tech Oversight Project, The Signals Network, Working Partnerships USA and Young People’s Alliance. 
    Download the groups’ letter HERE. Download text of the bill HERE. 
    Background:
    Last year, Grassley sent a letter to OpenAI CEO Sam Altman raising concerns about the alleged use of illegally restrictive NDAs, as well as the company’s employment, severance and non-disparagement agreements. 
    -30-

    MIL OSI USA News –

    June 13, 2025
  • MIL-OSI USA: Judiciary Committee Unanimously Advances Bipartisan Bill to Combat Online Child Sex Abuse Material

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley
    WASHINGTON – The Senate Judiciary Committee today unanimously voted to advance the bipartisan STOP CSAM Act to crack down on child sexual abuse material (CSAM) online. 
    “The STOP CSAM Act takes direct aim at the terrible spread of online child sexual abuse material – and gives law enforcement and victims stronger tools to fight back. I was glad to move it out of the Judiciary Committee and anticipate the committee will have future opportunities to mark up additional legislation in this space,” Judiciary Committee Chairman Chuck Grassley (R-Iowa) said.
    The Grassley-backed bill, led by Sen. Josh Hawley (R-Mo.) and Ranking Member Dick Durbin (D-Ill.), would promote greater transparency in the tech industry and empower victims to seek justice against culpable platforms. Sens. Amy Klobuchar (D-Minn.), Mark Kelly (D-Ariz.), Cindy Hyde-Smith (R-Miss.), Katie Britt (R-Ala.), Ashley Moody (R-Fla.) and Richard Blumenthal (D-Conn.) cosponsor the legislation. Read the full bill text HERE.
    The Judiciary Committee additionally voted to advance the following nominations:
    Stanley Woodward, Jr., to be Associate Attorney General, by a vote of 12-10; 
    Elliot Gaiser, to be an Assistant Attorney General, by a vote of 12-10; 
    Joseph Edlow, to be Director of United States Citizenship and Immigration Services, by a vote of 12-10; 
    John Squires, to be Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office, by a vote of 20-2; and 
    Ronald A. Parsons, Jr., to be U.S. Attorney for the District of South Dakota, by voice vote.
    A recording of the executive business meeting can be found HERE.
    Read Grassley’s opening statement HERE.

    MIL OSI USA News –

    June 13, 2025
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