Category: Business

  • MIL-OSI USA: 06.05.2025 WBCA Names Sen. Cruz Honoree of Mr. South Texas Award

    US Senate News:

    Source: United States Senator for Texas Ted Cruz

    WASHINGTON, D.C. – U.S. Sen. Ted Cruz (R-Texas) has been named the recipient of the prestigious Washington’s Birthday Celebration Association’s (WBCA) Mr. South Texas Award, in honor of the 128th Washington’s Birthday Celebration.
    Last year, Sen. Cruz was the first elected Republican member to be awarded the Key to the City of Laredo for his leadership in streamlining the presidential permitting process and securing permits to build and expand four major international bridges in South Texas, including two in Laredo.
    Sen. Cruz said, “I’m honored to be named Mr. South Texas for 2026. Laredo and Webb County hold a special place in my heart — the people embody the spirit, grit, and generosity that make Texas exceptional. Working alongside families, local leaders, and small businesses in Laredo has been one of the great privileges of my public service. I’m deeply grateful to the Washington’s Birthday Celebration Association for this meaningful recognition — it strengthens my resolve to keep leading the fight for Laredo and all of South Texas.”
    Jaime Fuentes, President of WBCA said, “We are honored to have Senator Ted Cruz as our Mr. South Texas recipient. We welcome him as our newest Ambassador for the Washington’s Birthday Celebration. A special thank you to our Mr. South Texas selection committee and Texas Community Bank for its unwavering support of the Mr. South Texas Luncheon.”
    Douglas G. Macdonald, President & CEO of Texas Community Bank said, “Texas Community Bank is pleased to sponsor the Mr. South Texas Luncheon, and we congratulate United States Senator Ted Cruz, for being selected as the 2026 Mr. South Texas Honoree as part of the 128th Celebration. It is a well-deserved recognition.  We’re excited to welcome such a fine and hardworking individual to our community and invite all Laredoans to join us in congratulating him.”
    BACKGROUND
    The Mr. South Texas designation is presented to a deserving individual who has made a significant and lasting contribution to the growth and development of Laredo and/or the South Texas region.
    The Mr. South Texas Selection Committee, comprised of past presidents of the WBCA and former Mr. South Texas recipients who reside in Laredo, meet and discuss possible candidates. Committee members take great effort in creating an all-inclusive nominating pool of candidates from all walks of life who have made a significant impact on the area.

    MIL OSI USA News

  • MIL-OSI Russia: HSE Wins AI Research Center Selection

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    The Higher School of Economics has become one of the winners of the third wave of research centers in the field of artificial intelligence. The HSE Center for Optimization and Adaptation of Large Fundamental Models (AI Center) will work on creating new methods and tools to make training, use, and adaptation of complex artificial intelligence models cheaper and more efficient.

    At the Russian Government Coordination Center, Deputy Prime Minister Dmitry Chernyshenko presented the results of the selection of the third wave of research centers in the field of artificial intelligence (AI). The winning universities and research organizations will receive grants to conduct research and create breakthrough world-class industry solutions.

    Dmitry Chernyshenko reported that the winners were HSE, Innopolis, ISP RAS, ITMO, MIPT, Skoltech, and for the first time, Lomonosov Moscow State University will be involved in the research.

    “Investments in AI research centers have already proven their effectiveness. The first wave of centers dealt with issues of strong, trusted, ethical artificial intelligence. The second wave is dedicated to industry research for medicine, transport, industry and smart cities. These centers create almost half of all Russian scientific groundwork in AI. President Vladimir Putin has set the task of publishing at least 450 papers at top-level conferences in the field of AI in the world by 2030 — A*. We see that investments are achieving results, so the government continues to develop such support programs,” Dmitry Chernyshenko emphasized.

    A total of 19 applications from centers from 10 regions of Russia were submitted to the competition. The centers’ programs stated key areas of foresight in fundamental and exploratory research in the field of AI, conducted in 2024: agent/multi-agent systems, elements of strong AI, fundamental and generative AI models.

    Expert support for the competitive selection and subsequent support for the implementation of research center activity programs is provided by the Strategic Agency for Support and Formation of AI Developments (SAPFIR), a project office created on the basis of the Skolkovo Foundation.

    “In 2025, the Strategic Agency for Support and Formation of AI Developments (SAPFIR), created on the basis of the Skolkovo Foundation, acted as the coordinator of the third wave of the competitive selection of research centers in the field of artificial intelligence. Each of the 7 winners will receive 676 million rubles for 2 years to conduct research in the field of strong, trusted, multi-agent artificial intelligence. Over the next 2 years, SAPFIR will focus on supporting research centers to achieve all their goals in both the scientific and commercial parts. Their activities will contribute to the creation of a technological reserve in Russia in the field of artificial intelligence, as well as attracting the best personnel of the country to the development of science in the field of artificial intelligence,” said SAPFIR Director Tatyana Soyuznova.

    The Higher School of Economics has confirmed its readiness to successfully cope with the tasks set thanks to the rich experience accumulated during the previous stages. For the period 2021–2024 HSE AI Center of the first wave has implemented more than 20 socially significant projects and about 30 initiatives for industrial partners. Initially, its activities were focused on companies with a high degree of maturity of AI technologies (IT, fintech, telecommunications), but subsequently the center managed to extend its competencies to less prepared industries, such as tourism, transport, household chemicals and genetics. This made it possible to develop solutions with prospects for scaling in industries, taking into account the priorities of the National Strategy for the Development of AI.

    The HSE AI Center’s third wave program will be aimed at creating new architectures and approaches to reduce training costs, as well as to improve the efficiency and adaptation of large fundamental models. Scientific research will cover four key areas AI foresight: architecture and algorithms of machine learning, development of fundamental and generative models, ensuring security and trust, system management and decision-making. Innovative software products will be used in the financial sector, science and education, information security and the labor market. The center’s partners include the country’s leading technology companies (Sber, VTB, Alfa-Bank, MTS Web Services, Gazprombank, T-Bank, ALMI Partner) and government agencies (the Ministry of Science and Higher Education of the Russian Federation, the Federal Service for Labor and Employment (Rostrud)).

    The head of the HSE AI Center will be Alexey Naumov, Doctor of Computer Science, Director Institute of AI and Digital SciencesHe has authored over 40 A* level AI conference publications on high dimensional probability, statistics, machine learning, reinforcement learning, and is a member of the AI Alliance scientific advisory board.

    “Our center will focus on creating fundamentally new architectures and effective methods that will significantly reduce the costs of training and operating large fundamental models of artificial intelligence, increase their performance, and expand the range of possible applications,” said Alexey Naumov. “This will allow us to get closer to creating strong artificial intelligence capable of solving the most complex problems and bringing real benefits to society and business. We actively collaborate with leading technology companies and scientific organizations, combining the efforts of the best scientists and practitioners to achieve our goals and make a significant contribution to the future of AI technologies.”

    The core of the HSE AI Center will be Institute of AI and Digital Sciences Faculty of Computer Science at HSE. Leading researchers and experts will also work on projects within the third wave Institute for Statistical Studies and Economics of Knowledge (ISSEK), Center of Language and Brain, MIEM im. A.N. Tikhonova, Labor Market Research Laboratories, International Laboratory of Intangible Assets Economy, HSE – Perm, and also Schools of Computer Science, Physics and Technology of the National Research University Higher School of Economics – Saint Petersburg.

    The HSE AI Center project office team, led by Deputy Vice-Rector Elena Kozhina, will coordinate work on projects and initiatives aimed at developing AI technologies and implementing innovative solutions in various sectors of the economy and social sphere. The project office will become a key link in the successful implementation of projects, ensure effective interaction between all participants in the processes and allow for the effective implementation of orders from industrial partners.

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

    MIL OSI Russia News

  • MIL-OSI Security: Florida Man Sentenced to 22 Months’ Imprisonment for Conspiracy to Pay and Receive Healthcare Kickbacks

    Source: US FBI

    Richard G. Frohling, Acting United States Attorney for the Eastern District of Wisconsin, announced that on May 29, 2025, U.S. District Judge Joseph P. Stadtmueller sentenced Michael G.V. Comino to 22 months’ imprisonment for conspiracy to pay and receive healthcare kickbacks in violation of the Anti-Kickback Statute. Comino was also ordered to pay over $2 million in restitution to Medicare.

    According to court records, Comino and his co-defendant owned Kestrel Medical LLC, a company that supplied durable medical equipment, such as orthotic devices, including braces for ankles, knees, backs, and shoulders. Beginning in August 2019, Comino began providing “leads” or signed doctors’ orders to Kestrel in exchange for kickback payments to two companies he owned. Comino became a fifty percent owner of Kestrel in approximately February 2020, after which he continued to offer and pay kickbacks for signed doctors’ orders. Comino and his co-defendant concealed the nature of the kickback payments by paying invoices for marketing hours. As a result of the conspiracy, Medicare paid over $2 million to Kestrel. Comino personally received hundreds of thousands of dollars from Kestrel in 2019 and 2020.

    “The United States Attorney Office prioritizes efforts to stop healthcare fraud and will continue to hold accountable individuals who intentionally misuse Medicare and Medicaid dollars,” said Acting U.S. Attorney Frohling. “The restitution order and prison sentence in this case underscore that providers of medical equipment and supplies cannot engage in unlawful schemes that put their interests ahead of those of the American taxpayer.”   

    “Individuals like Mr. Comino must face the consequences of their actions that defrauded the American people and wasted taxpayer money. This case sends a clear message that healthcare kickback schemes won’t be tolerated,” said FBI Milwaukee Special Agent in Charge Michael Hensle. “The FBI will continue to work vigorously with our partners to combat and prevent healthcare fraud.”

    “The conduct in this investigation highlights a scheme whereby the defendant prioritized profits over patient care, in violation of the Anti-Kickback Statute.” said Special Agent in Charge Mario M. Pinto of the Department of Health and Human Services, Office of Inspector General (HHS-OIG). “Working together with our law enforcement partners, HHS-OIG will continue to protect the integrity of federal health care programs.”

    The FBI and HHS-OIG investigated the case, which Assistant U.S. Attorney John Scully prosecuted.

    ###

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    Kenneth.Gales@usdoj.gov

    (414) 297-1700

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    MIL Security OSI

  • MIL-OSI: FDA Approved Anticancer Peptide Drug Conjugate Market Clinical Trials Insight

    Source: GlobeNewswire (MIL-OSI)

    Delhi, June 05, 2025 (GLOBE NEWSWIRE) — Global Peptide Drug Conjugate Market, Drug Sales, Price, Dosage and Clinical Trials Insight 2030 Report Highlights:

    • Global Peptide Drug Conjugate Market Opportunity: > USD 1400 Million
    • Global Peptide Drug Conjugate Market Trends By Region and Indications
    • Global Peptide Drug Conjugate Market Growth 2018-2024: > 300% Absolute Growth and 27% CAGR Growth
    • Approved Peptide Drug Conjugate Dosage, Sales and Price Insight
    • Approved Peptide Drug Conjugate Sales Global and Regional Insight: 2 Drugs Approved
    • Global Peptide Drug Conjugate Clinical Trials Insight: > 30 Drugs
    • Global Peptide Drug Conjugates Clinical Trials Insight By Company, Country, Indication and Phase
    • Peptide Drug Conjugate Proprietary Technologies and Methodologies Insight By Company

    Download Report:
    https://www.kuickresearch.com/report-peptide-drug-conjugate-market-peptide-adc-market-anticancer-peptide-conjugate-clinical-trials

    Peptide drug conjugates constitute a novel category of targeted therapies that make use of disease-targeting peptides to specifically deliver small molecule drugs to the target cells. This blended strategy enables drugs to be targeted more precisely to ailing tissues, minimizing systemic toxicity and maximizing therapeutic benefit. With more than 30 peptide drug conjugates candidates now in different stages of clinical trials, the domain is accelerating at breakneck speed. Most of these candidates are being developed and evaluated for oncology, where the demand for highly targeted therapies is still paramount. Nonetheless, investigations have also been pushed into neurodegenerative disease and inflammatory disorders, which suggests a wider therapeutic scope for this modality.

    As of May 2025, 2 peptide drug conjugates have been approved by the regulators. Novartis’s Lutathera, a radiolabeled peptide for the treatment of gastroenteropancreatic neuroendocrine tumors (GEP-NETs), exemplifies the potential of targeted delivery in cancer. The second agent that has been approved, Pepaxti (melflufen), by Oncopeptides, is employed to treat multiple myeloma and demonstrates the utility of peptide to enhance the therapeutic index of known cytotoxic agents. All these achievements underscore the potential for peptide drug conjugates and have opened up doors for more firms to enter the pipeline for developing new candidates.

    Platform technologies are leading the way in driving peptide drug conjugate innovation. For example, PeptiDream’s PDPS (Peptide Discovery Platform System) leverages massive libraries of macrocyclic peptides to quickly find high-affinity binders. They are optimized as targeting agents in peptide drug conjugates, enabling more targeted drug delivery. By targeting cytotoxic payloads directly to disease-associated receptors, these technologies reduce off-target effects, improving efficacy and safety for patients. The growing use of such platforms by biotech companies and pharmaceutical companies highlights their significance in the present drug development scenario.

    Regulatory assistance is also supporting the development of peptide drug conjugates. Sudocetaxel zendusortide (TH1902), a peptide drug conjugate from Theratechnologies, was granted the Fast Track Designation by the FDA. This candidate has been designed against sortilin-expressing solid tumors and is undergoing Phase 1 clinical trials. As the first compound from Theratechnologies’ SORT1+ Technology™, it is an example of innovation in peptide targeting and an accelerated regulatory pathway that allows for accelerated development. Designations such as these not only support the therapeutic potential of these compounds but also foster investment and accelerate clinical advancement.

    The peptide drug conjugate field involves a diverse range of stakeholders, including major pharmaceutical companies like Novartis and Oncopeptides, as well as specialized biotechnology firms such as Bicycle Therapeutics and Theratechnologies. Additionally, contract development and manufacturing organizations (CDMOs) and contract research organizations (CROs) are increasingly becoming integral to the development process, providing essential services from early-stage discovery through to clinical and commercial manufacturing.

    In spite of this momentum, market hurdles exist. One major hindrance is the complexity of peptide drug conjugate manufacturing, which sometimes necessitates specialized facilities and intense quality control, potentially pushing up development expense. To overcome it, strategic alliances with seasoned CDMOs can streamline manufacturing and lower operational costs. Regulatory complexity regarding newer payloads or novel peptide-linker chemistries is another hurdle. Anticipation of the regulatory agencies through proactive interaction and utilization of existing designations can smooth over the complexity.

    Looking to the future, the prospects for peptide-drug conjugates are encouraging. As ever improving technology platforms advance and additional clinical information becomes available, peptide drug conjugates are destined to become a staple of targeted therapy, not just oncology, but perhaps a wide variety of chronic and orphan diseases.

    The MIL Network

  • MIL-OSI Global: Inside Ukraine’s remarkable drone attack

    Source: The Conversation – UK – By Jonathan Este, Senior International Affairs Editor, Associate Editor

    You can generally tell when Vladimir Putin appears rattled by an adverse event in his war on Ukraine. He (or one of his proxies) ramps up the bloodcurdling rhetoric. And so it is with Ukraine’s “Spiderweb” drone attack on four airbases inside Russia, which reportedly destroyed or damaged as many as 40 warplanes, a good chunk of Russia’s fleet of strategic nuclear-capable bombers.

    These aircraft have been used during the war to deliver cruise missiles at targets within Ukraine and have been kept on airbases far enough from Ukraine to be well out of range of anything Kyiv could fire at them. So Ukraine’s secret intelligence service, the SBU, hatched a plot to send truckloads of home-grown drones in vans to locations close to airbases as far away as Irkutsk in Siberia and Murmansk close to the top of Finland.

    Technological savvy aside, perhaps the most remarkable thing about the plan was that it was 18 months in the making and yet the SBU managed to keep it a secret shared by only a few, including Ukrainian president, Volodymyr Zelensky. Significantly, the plan was reportedly kept from the US government.


    Sign up to receive our weekly World Affairs Briefing newsletter from The Conversation UK. Every Thursday we’ll bring you expert analysis of the big stories in international relations.


    An angry Putin is reported to have accused Ukraine of “organising terrorist attacks”, saying to aides: “How can we have meetings like this under these conditions? What is there to talk about? Who has negotiations with  … terrorists?”

    Nothing much has been revealed as to what was actually said about the drone attack when delegates for the two sides met on Monday, apparently for barely an hour, to continue their peace talks. But as Stefan Wolff and Tetyana Malyarenko suggest, the fact that both sides have continued to land blows against each other is hardly a sign of a sincere commitment to serious negotiations.

    As it is, both sides restated their maximalist positions. For Kyiv this means that any concessions over territory or sovereignty are out of the question. For Moscow this means Ukrainian and international recognition of Russian sovereignty over Crimea as well as four provinces it has partially occupied since 2014, no Ukrainian membership of Nato and limits to Ukraine’s armed forces.

    Wolff and Malyarenko, experts in international security and politics at the University of Birmingham and National University Odesa Law Academy, respectively, believe that little will change on the battlefield in the foreseeable future. A lot will now depend on Washington. And it should be noted that the US president had a lengthy chat with Putin on June 4, after which Trump delivered the Kremlin’s message that: “President Putin did say, and very strongly, that he will have to respond to the recent attack on the airfields.”

    We’ve already seen a blitz on the southern city of Kherson, where Russia launched glide bombs and attacked with drones and artillery this morning. But Trump’s envoy to Russia, Keith Kellog, among other senior officials have talked about the drone strike being an attack on part of Russia’s [nuclear] triad, impying the threat level is actually far greater.




    Read more:
    Ukraine ‘spiderweb’ drone strike fails to register at peace talks as both sides dig in for the long haul


    Ukraine gave up its nuclear arsenal in 1994 in return for an undertaking, signed by Russia, the US, UK and France, to guarantee the inviolability of Ukraine’s borders. So as Matthew Sussex of the Australian National University in Canberra writes, the drone attack was very much a case of a David striking a clever blow against a Goliath.

    Sussex says this and other missions, such as the targeting of the Kerch bridge – Putin’s pride and joy – and the relentless attacks on Russia’s power infrastructure, are an effective counter to Russia’s attritional style of warfare. This involves throwing as many men as possible at its objectives, something Ukraine cannot hope to compete directly with. The truth is, writes Sussex, that Kyiv “has focused on winning the war they are in, rather than those of the past”.




    Read more:
    The secret to Ukraine’s battlefield successes against Russia – it knows wars are never won in the past


    “This isn’t just asymmetric warfare, it’s a different kind of offensive capability,” concludes Michael A Lewis, an expert in autonomous vehicles at the University of Bath. Lewis notes that both sides have been using drones almost continuously on the frontlines of the war and each has developed their own strategy for countering the threat.

    But this operation combined the use of drones with smart intelligence planning. The key was getting the drones to where they could exploit vulnerabilities in Russia’s air defence systems. “In low-level airspace, visibility drops, responsibility fragments, and detection tools lose their edge,” he writes. “Drones arrive unannounced, response times lag, coordination breaks.”

    The attack will have defence planners around the world scratching their heads as to how to cope with this emerging threat. Lewis believes the operation exposed the problems with centralised airspace management which will require new and better detection systems and faster responses to counter. “Operation Spiderweb didn’t just reveal how Ukraine could strike deep into Russian territory,” he writes. “It showed how little margin for error there is in a world where cheap systems can be used quietly and precisely.”




    Read more:
    Ukraine drone strikes on Russian airbase reveal any country is vulnerable to the same kind of attack


    Not that Russia has exactly been standing still when it comes to drone warfare. As Marcel Plichta of the University of St Andrews writes, having initially relied on Iran for the supply of its Shahed drones, Russia has been quick to establish its own sizeable drone manufacturing industry. Plichta, a drone specialist and former US government intelligence analyst, walks us through some of the innovations that Russian-made drones are now employing, including Sim cards which can transmit data back to Russia via mobile networks, carbon coating to avoid radar detection, and enhanced incendiary and fragmentation warheads that can start fires or spread large volumes of shrapnel to make them more deadly.

    But also notable is the sheer volume of drones that Russia is deploying – 472 against Ukrainian cities on June 1, as well as large numbers of decoys – with the aim of simply exhausting Ukrainian air defences. Even if Ukraine manages to shoot down 80% as it claims, that still leaves enough to wreak utter havoc for the defenders.




    Read more:
    Russia has been working on creating drones that ‘call home’, go undercover and start fires. Here’s how they work


    From the Oval Office

    The latest controversial measure announced by the White House is the planned travel ban on people from 12 countries thought by the Trump administration to pose a threat. The ban is scheduled to come into effect on June 9.

    Less than a week later, the US will host – jointly with Mexico and Canada – the Fifa Club World Cup, which will feature players from some of these countries. Next year the US hosts the Men’s World Cup and in 2028 the Olympics are scheduled to be held in Los Angeles.

    The announcement of the ban said that “any athlete or member of an athletic team, including coaches, persons performing a necessary support role, and immediate relatives travelling for the World Cup, the Olympics, or other major sporting events as defined by the Secretary of State” will be exempted.

    But, as Eric Storm from Leiden University points out, this does not include fans who might have been planning to travel to these major sporting carnivals. Storm, a historian who has researched the intersection of politics and tourism, says that the way geopolitical tensions manifested themselves at big sporting events was a feature of the cold war, but that these sorts of tensions largely dissipated after 1991. Now we may see politics being played out on the pitch, once again.




    Read more:
    Trump’s travel ban casts shadow over the upcoming Fifa Club World Cup and other US-hosted sporting events


    South Korea’s new president

    Voters in South Korea backed the liberal candidate, Lee Jae-myung for the Democratic Party, by nearly 50% in the June 3 election. This gave the man who led the campaign to topple former president Yoon Suk Yeol a clear mandate in what is reported to have been the election with the highest turnout since 1997.

    But while women had been very prominent in the campaign to oust Yoon, there were no female presidential candidates and very little discussion of some of the massive gender issues besetting Korea, including structural inequality, harassment and domestic violence, write Ming Gao of Lund University and Joanna Elfving-Hwang of Curtin University, both experts in South Korean politics and society. In fact, some candidates actively campaigned in a manner they clearly hoped would engage with disenchanted young men who feel their position may be under threat from women.




    Read more:
    South Korea election: Lee Jae-myung takes over a country split by gender politics


    The new South Korean president will bring with him what he calls a “pragmatic” approach to foreign affairs. He has restated his commitment to the longstanding alliance with the US, but has also stressed the need for his country to improve relations with China and North Korea, believing that South Korea should not be wholly dependent on Washington.

    This, writes Christoph Bluth, could become a point of tension between Seoul and Washington. “The Trump administration has taken a hawkish approach towards China and wants its allies to do the same,” he says.

    Lee has made it quite clear that while Seoul’s relationship with Washington is the “basic axis of [South Korea’s] diplomacy,” the country “should not put all [its] eggs in one basket”. He has already signalled that he would resist any attempts by the US to draw South Korea into a conflict with China over Taiwan.




    Read more:
    Why South Korea’s new leader may be on a collision course with Trump


    Gaza: when aid is politicised

    There was yet more tragedy in Gaza this week as the new aid distribution scheme backed by Israel and the US got underway and quickly descended into chaos, with Israeli troops shooting at people it claimed were Hamas militants, resulting in the deaths of dozens of people.

    The new plan handed control of aid distribution to a private company called Gaza Humanitarian Foundation, which established four depots, three in the very south of the Strip and one in the centre, close to Israeli checkpoints. As a result many people had to travel considerable distances to get desperately needed supplies.

    As Irit Katz of the University of Cambridge writes here, the GHF plan is similar in character to a scheme put forward last December by an Israeli veterans group that prioritises control over humanitarianism. She says the resulting chaos and violence should come as no surprise.




    Read more:
    Lethal humanitarianism: why violence at Gaza aid centres should not come as a surprise


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    ref. Inside Ukraine’s remarkable drone attack – https://theconversation.com/inside-ukraines-remarkable-drone-attack-258326

    MIL OSI – Global Reports

  • MIL-OSI Global: Why Dippy the dinosaur remains beloved, 120 years after arriving at the Natural History Museum

    Source: The Conversation – UK – By Michael J. Benton, Professor of Vertebrate Palaeontology, University of Bristol

    Shutterstock/I Wei Huang

    Dippy – a complete cast of a diplodocus skeleton – is Britain’s most famous dinosaur. It has resided at the Natural History Museum in London since 1905 and is now on show in Coventry where it is “dinosaur-in-residence” at the Herbert Art Gallery & Museum.

    Dippy, the star attraction in the huge entrance hall of the Natural History Museum from 1979 to 2018, is now on tour around the UK, with Coventry as its latest stop. It had previously been shown in Dorchester, Birmingham, Belfast, Glasgow, Newcastle, Cardiff, Rochdale, Norwich and London.

    So what is it that makes Dippy so popular? I got a sense of the dino’s appeal in August 2021 when I gave a lecture under the Dippy skeleton in Norwich Cathedral.


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    The lecture was about dinosaur feathers and colours. It highlighted new research that identified traces of pigment in the fossilised feathers of birds and dinosaurs. I wanted to highlight the enormous advances in the ways we can study dinosaurs that had taken place in just a century.

    Before arriving, I thought that Dippy would fill the cathedral – after all the skeleton is 26 metres long and it had filled the length of the gallery at the Natural History Museum. However, Dippy was dwarfed by the gothic cathedral’s scale. In fact, the building is so large that five Dippys could line up, nose to tail, from the great west door to the high altar at the east end.

    This sense of awe is one of the key reasons to study palaeontology – to understand how such extraordinary animals ever existed.

    I asked the Norwich cathedral canon why they had agreed to host the dinosaur, and he gave three answers. First, the dinosaur would attract lots of visitors. Second, Dippy is from the Jurassic period, as are the rocks used to construct the cathedral. Finally, for visitors it shared with the cathedral a sense of awe because of its huge size. Far from being diminished by its temporary home, visitors still walked around and under Dippy sensing its grandeur.

    Dippy at the unveiling ceremony at the Reptile Gallery of the Natural History Museum in 1905.
    WikiMedia

    Dippy arrived in London in 1905 as part of a campaign for public education by the Scottish-American millionaire Andrew Carnegie (1835–1919). At the time, there was a debate in academic circles about the function of museums and how far professionals should go in seeking to educate the public.

    There was considerable reticence about going too far. Many professors felt that showing dinosaurs to the public would be unprofessional in instances where they moved from description of facts into the realm of speculation. They also did not want to risk ridicule by conveying unsupported information about the appearance and lifestyle of the great beasts. Finally, many professors simply did not see such populism as any part of their jobs.

    Henry Fairfield Osborn in 1916.
    Wiki Commons

    But, at that time, the American Museum of Natural History was well established in New York and its new president, Henry Fairfield Osborn (1857-1935) was distinctly a populist. He sponsored the palaeo artist Charles Knight (1874-1953), whose vivid colour paintings of dinosaurs were the glory of the museum and influential worldwide. Osborn was as hated by palaeontology professors as he was feted by the public.

    Carnegie pumped his steel dollars into many philanthropic works in his native Scotland and all over America, including the Museum of Natural History in Pittsburgh. When he heard that a new and complete skeleton of a diplodocus had been dug up in Wyoming, he bought it and brought it to his new museum. It was named as a new species, Diplodocus carnegiei.

    On a visit to Carnegie’s Scottish residence, Skibo Castle, King Edward VII saw a sketch of the bones and Carnegie agreed to donate a complete cast of the skeleton to Britain’s Natural History Museum.

    The skeleton was copied by first making rubber moulds of each bone in several parts, then filling the moulds with plaster to make casts and colouring the bones to make them look real. The 292 pieces were shipped to London in 36 crates and opened to the public in May 1905. Carnegie’s original Dippy skeleton only went on show in Pittsburgh in 1907, after the new museum building had been constructed.

    Illustration of the Brontosaurus by Charles Knight (1897).
    Wiki Commons

    Carnegie had got the royal bug and donated further complete Dippy casts to the great natural history museums in Berlin, Paris, Vienna, Bologna, St Petersburg, Madrid, Munich, Mexico City and La Plata in Argentina. Each of these nations, except France, had a king or tsar at the time. The skeletons went on show in all these locations, except Munich, and Dippy has been seen by many millions of people in the past 120 years.

    Dippy’s appeal

    Dippy’s appeal is manifold. It’s huge – we like our dinosaurs big. It has been seen up close by more people around the world than any other dinosaur. It also opens the world of science to many people. Evolution, deep time, climate change, origins, extinction and biodiversity are all big themes that link biology, geology, physics, chemistry and mathematics.

    Also, since 1905, palaeontology has moved from being a largely speculative subject to the realms of testable science. Calculations of jaw functions and limb movements of dinosaurs can be tested and challenged. Hypotheses about physiology, reproduction, growth and colour can be based on evidence from microscopic study of bones and exceptionally preserved tissues, and these analyses can be repeated and refuted.

    Dippy has witnessed over a century of rapid change and its appeal is sure to continue for the next.

    Dippy is on display at the Herbert Art Gallery & Museum in Coventry until February 21 2026.

    Michael J. Benton 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. Why Dippy the dinosaur remains beloved, 120 years after arriving at the Natural History Museum – https://theconversation.com/why-dippy-the-dinosaur-remains-beloved-120-years-after-arriving-at-the-natural-history-museum-209945

    MIL OSI – Global Reports

  • MIL-OSI Global: Mel Stride promises the Tories won’t repeat the mistakes of Liz Truss – except they already have

    Source: The Conversation – UK – By Tim Bale, Professor of Politics, Queen Mary University of London

    It’s a mistake to think that, when it comes to the UK economy, the Conservatives have always been seen by British voters as a safer pair of hands than Labour. But, notwithstanding the damaging austerity imposed on the country by David Cameron’s chancellor, George Osborne, it was, by and large, the case between 2008 and 2022. This was a period bookended by the global financial crisis that occurred under Gordon Brown’s watch as Labour chancellor and then prime minister, and by Liz Truss’s disastrous 49-day stint in the top job.

    In reality, people were already beginning to lose faith in the Tories’ economic competence when Truss beat Rishi Sunak in the race to succeed Boris Johnson in Number 10. But she right royally trashed whatever reputation the party still had on that score and, as a result, set it on the road that led to its cataclysmic defeat at the polls last July.

    Another leadership race duly followed that election. But instead of using it as an opportunity both to conduct a thorough postmortem and issue a full-throated apology for the mess they’d made of things across a whole range of domestic policy, the candidates stayed largely in the party’s comfort zone.

    The country’s crumbling public services got hardly a mention, any acknowledgement of their dire state drowned out by discussion of immigration and taxation. The eventual winner, Kemi Badenoch, was apparently convinced that the Conservatives had lost because they “talked right but governed left”.


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    Clearly that message doesn’t seem to have persuaded the public. The Tories are now even more unpopular than they were at the general election. They rarely break 20% in the opinion polls and consistently finish behind not just a very poorly-regarded Labour government but a surging Reform UK.

    Cue the decision by Mel Stride, a cabinet minister in Rishi Sunak’s doomed government and now Badenoch’s shadow chancellor, to issue an apology of sorts. This was, however, not an apology for the mess the Conservatives made of the country during 14 (arguably wasted) years in office – but for the month and half in which they were led by Truss.

    Sir Mel (as he is now) was never much of a fan, but he’s now taking public potshots at the former prime minister in a very well trailed speech. Apparently it was only during this short period, when Truss delivered her now legendary “mini-budget” that derailed the economy, that it all went wrong.

    “For a few weeks,” he declared, “we put at risk the very stability which Conservatives had always said must be carefully protected. The credibility of the UK’s economic framework was undermined by spending billions on subsidising energy bills and tax cuts, with no proper plan for how this would be paid for.”

    “Never again,” he continued, “will the Conservative party undermine fiscal credibility by making promises that we cannot afford.” Stride here seemed to be conveniently forgetting that, at least in the judgment of the respected Institute for Fiscal Studies, that was exactly what he and his colleagues did when they presented their manifesto to the country at last year’s general election – long after Truss had departed Downing Street.

    As such, Stride’s speech is unlikely to impress anyone. Rather than a confession of collective guilt and an acknowledgement of a pattern of behaviour stretching over years, it seeks to deflect the blame onto a one-off event and onto one already-derided individual (or maybe two if one includes the man who actually delivered the bungled mini-budget, Kwasi Kwarteng).

    Moreover, such is the presidentialised nature of British politics these days, that, unless a message is delivered by the party leader, it won’t be seen as representing its official position. Nor will it cut through to voters.

    More profoundly, Stride’s “contrition” (the closest he got to actually saying sorry) is meaningless because rather than challenge any of his party’s underlying assumptions, it actually doubles down on them.

    To stand a chance of signalling to a sceptical public that they’ve truly changed, the Tories need to break out of their essentially Thatcherite-cum-culture-warrior comfort zone. But obsessed (and in some ways understandably so) as they are with the potentially existential threat posed to them by Reform UK, that currently seems like a very distant prospect. And so, therefore, does another Tory government.

    Tim Bale 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. Mel Stride promises the Tories won’t repeat the mistakes of Liz Truss – except they already have – https://theconversation.com/mel-stride-promises-the-tories-wont-repeat-the-mistakes-of-liz-truss-except-they-already-have-258324

    MIL OSI – Global Reports

  • India launches ‘Ayush Nivesh Saarthi’ portal to boost investment in traditional medicine

    Source: Government of India

    Source: Government of India (4)

    In a landmark initiative to position India as a global hub for traditional medicine and wellness, the Government of India unveiled the ‘Ayush Nivesh Saarthi’ portal on May 29, 2025, during the Ayush Stakeholder/Industry Interaction Meet at Vanijya Bhawan, New Delhi. The portal was jointly launched by Union Minister of Commerce & Industry Piyush Goyal and Union Minister of State (Independent Charge) for Ayush Prataprao Jadhav, in the presence of senior officials, industry leaders, and global stakeholders, including Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush, and Shri Amardeep Singh Bhatia, Secretary, DPIIT.

    The investor-centric digital platform, developed by the Ministry of Ayush in collaboration with Invest India, aims to transform India’s traditional wellness systems into a robust economic driver. Ayush Nivesh Saarthi integrates policy frameworks, incentive structures, investment-ready projects, and real-time facilitation into a single interface, designed to attract both domestic and global investors. The platform underscores India’s ambition to become a leading destination for investments in traditional systems of medicine, leveraging the sector’s 17% annual growth rate between 2014 and 2020 and growing global demand for natural and preventive healthcare.

    Speaking at the launch, Shri Piyush Goyal emphasized the sector’s openness to investment, stating, “With 100% FDI permitted in the Ayush sector through the automatic route, Ayush Nivesh Saarthi signals India’s readiness for investment, collaboration, and innovation in holistic healthcare. This portal connects investors with opportunities rooted in India’s ancient legacy of wellness, powered by a modern vision.”

    Jadhav highlighted the platform’s transformative potential, saying, “Ayush Nivesh Saarthi is more than a digital platform—it’s an enabler of transformation. It combines proactive government policies, India’s wealth of over 8,000 medicinal plant species, and a globally trusted wellness tradition. This portal empowers investors with real-time data, transparent policy guidance, and access to a vibrant, expanding market.”

    The Ayush sector plays a pivotal role in India’s USD 13 billion medical value travel (MVT) industry, ranking among the top five health services in the country. With its rich heritage and growing global appeal, the sector is a key driver of the global wellness economy. The launch of Ayush Nivesh Saarthi reinforces the government’s vision of positioning Ayush as a cornerstone of public health and economic growth, fostering foreign direct investment, empowering entrepreneurs, and showcasing India’s leadership in traditional medicine and wellness on the global stage.

  • MIL-OSI: Truxton Elevates Banking Team Leaders in Recent Promotions

    Source: GlobeNewswire (MIL-OSI)

    NASHVILLE, Tenn., June 05, 2025 (GLOBE NEWSWIRE) — Truxton is pleased to announce the promotion of several distinguished members of its team, recognizing their outstanding contributions to the Truxton Banking team’s continued growth and success.

    Lindsey Heird, Lizzie McKeand, and William Benson have each been promoted to Senior Vice President, Truxton Banking. These veteran bankers have demonstrated exceptional leadership, deep industry expertise, and a continued dedication to the firm’s mission of delivering trusted financial guidance and personalized service.

    “It has been very rewarding over the last few years to watch each of these three bankers grow professionally and personally as they serve their clients and their fellow Truxton colleagues,” said Hank Stuart, Senior Managing Director of Truxton Banking. “All three work hard and enjoy their roles as trusted financial advisors. I am excited about the future of Truxton because of Lindsey, Lizzie, and William.”

    Lindsey Heird joined Truxton in 2014 as a credit analyst. Since 2015, she has operated as a relationship manager and banker providing depository and lending solutions for both individuals and businesses. Likewise, Lizzie McKeand began her career at Truxton in 2015. In 2019, she transitioned into a lending role serving wealthy families and their businesses. William Benson joined Truxton in June 2020 from CapStar Bank, where he served as Vice President of Private Banking and, before that, as a Healthcare Portfolio Manager. In these expanded leadership roles, these experienced bankers are responsible for the development and delivery of customized banking solutions for high-net-worth individuals, families, and organizations.

    Truxton is also pleased to announce the promotion of Joseph Staub, CRCM, to Vice President, Compliance. Mr. Staub joined Truxton in 2022 as a Credit Administrator before transitioning his role to focus on Compliance, overseeing and enhancing the bank’s compliance framework, ensuring regulatory excellence, and reinforcing Truxton’s commitment to integrity and sound governance. He holds accreditation from the American Bankers Association as a Certified Regulatory Compliance Manager.

    “Joseph has brought a high level of diligence, professionalism, and care to Truxton’s compliance program,” said Overton Colton, EVP, Chief Administrative and Risk Officer. “His thoughtful approach to regulatory matters and his ability to align compliance with our broader business goals make him an invaluable member of our team. We’re proud to recognize his contributions with this well-deserved promotion.”

    Additionally, Duncan McGinn has been promoted to Assistant Vice President, Truxton Banking, reflecting his strong performance and growing leadership within the organization. In addition to his role as a banker, he also serves as an Analyst for Truxton Capital Advisors, providing research and market analysis for the team.

    “Truxton is very blessed to have such wonderful people working hard here every day to help us do the right thing for each and every client,” said Tom Stumb, CEO and Chairman of Truxton. “Each one of these officer promotions are well-deserved and reflect our company’s commitment to deliver sound, thoughtful financial advice to our clients, now and always.”

    About Truxton
    Truxton is a premier provider of wealth, banking, and family office services for wealthy individuals, their families, and their business interests. Serving clients across the world, Truxton’s vastly experienced team of professionals provides customized solutions to its clients’ complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (OTCPK: TRUX). For more information, visit truxtontrust.com.

    The MIL Network

  • MIL-OSI: BlueCat highlights the next generation of Intelligent Network Operations solutions at Cisco Live

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 05, 2025 (GLOBE NEWSWIRE) — BlueCat Networks, a leading provider of Intelligent Network Operations solutions that help organizations modernize, optimize, and secure their network infrastructure, is proud to be the first vendor to market with a suite of products aimed at making networks more agile so that companies can focus on innovation. At Cisco Live, BlueCat will unveil the next generation of its Unified DDI platform, Integrity X, as well as other exciting updates to its industry-leading product set. Additionally, BlueCat will introduce a new certified Cisco Splunk application for its network observability and intelligence solutions, LiveWire and LiveNX.

    Accelerate network transformation

    Organizations need networks that change fast. However, increased complexity and legacy solutions create unnecessary drag. When the network is slow to deliver, organizations struggle to create memorable customer experiences, proactively detect and mitigate cyber threats, and harness the benefits of cloud and artificial intelligence.
      
    Intelligent NetOps is an integrated portfolio of network infrastructure services. It discovers and enables network access, automates provisioning and workflows, captures and analyzes operational data, and continuously optimizes and secures the network across hybrid and multicloud environments.

    “A key challenge faced by networking teams is to efficiently and effectively manage disparate infrastructure across multiple environments while ensuring high levels of security and user experience,” said Brandon Butler, IDC Senior Research Manager for Enterprise Networks. “BlueCat’s DDI management and network observability solutions help teams overcome these challenges by providing intelligent visibility and analytics, which can be correlated with changes occurring across the network and on individual devices, enabling teams to maintain reliability and accelerate transformation initiatives.”

    BlueCat launches Integrity X: The future of enterprise DDI

    Integrity X redefines how enterprise network teams automate and manage core DNS, DHCP, and IP address management (DDI) infrastructure. Built on a modern React framework and with an API-first design that leverages the same OpenAPI interface customers already use for automation, this release introduces a fully reimagined user experience—engineered to streamline workflows, strengthen security posture, and accelerate innovation across hybrid environments.
      
    “These enhancements are exactly what enterprise teams need,” said a senior developer of system design and architecture engineering at a large health care data provider. “BlueCat is listening, solving real-world DDI challenges, and enabling agile network infrastructure.”

    A next-generation DDI platform for modern networks

    Integrity X delivers unmatched scalability, performance, accessibility, and extensibility—bringing together everything network teams need in a single, unified DDI solution:

    • Unified by design: A cohesive platform experience that feels fast, seamless, and intuitive—tailored to the needs of today’s dynamic enterprise environments.
    • API-first innovation: Built on a fully RESTful API that is OpenAPI 3.0 compliant, enabling rapid feature delivery, seamless integration, and long-term extensibility for automation-driven organizations.
    • Accessibility for all: WCAG 2.1 AA-compliant by design, with high-contrast visuals, full keyboard navigation, and screen reader support—ensuring inclusive access for all users.
    • Multi-language support: Global-ready with localization in English, German, French, Spanish, Portuguese, Chinese, and Japanese.
    • Real-time visibility: Always-on monitoring and a powerful new appliance metrics dashboard, based on open-source Prometheus, give teams instant insight into DNS, DHCP, and IPAM health—enabling proactive operations and faster troubleshooting.  

    “Integrity X provides a modern, standards-based path forward for customers who want control,” said Scott Fulton, Chief Product and Technology Officer at BlueCat. “New customers are relieved with the low-risk migration from other solutions, and existing customers have already been impressed with the ease of automation, scalability, and flexibility of the platform.”

    BlueCat enriches Splunk integration and DNS and DHCP health analysis

    BlueCat now provides NOC and SOC Dashboards to diagnose performance and security issues in your network with an improved certified Splunk application:

    • LiveWire captures, analyzes, and simultaneously streams enriched security and performance telemetry from your network to Splunk and LiveNX.
    • LiveNX continuously analyzes enriched telemetry, SNMP, and API data for security indicators and network anomalies and sends alerts to Splunk to help in threat hunting and resolving anomalies.
    • LiveNX alerting engine sends security indicators and network anomalies to Splunk, aiding in threat hunting or resolving anomalies.
    • BlueCat’s Splunk crosslink capabilities enable quick packet or flow diagnostic research all from within Splunk.

    LiveWire and LiveNX 25.1 releases include additional instrumentation for DNS and DHCP, as well as automated troubleshooting for routine runtime, performance, and security issues surrounding these mission-critical services.

    Micetro is now available on Cisco’s Global Price List (GPL)

    BlueCat also announced that Micetro, an intuitive universal DDI orchestration solution, is available on the Cisco GPL. Micetro seamlessly integrates with Meraki, delivering improved IPAM visibility and DHCP orchestration. Expanded availability streamlines procurement for customers and partners. It showcases BlueCat and Cisco’s commitment to enhancing network operations with integrated solutions.

    About BlueCat
    BlueCat’s Intelligent Network Operations (NetOps) provide the analytics and intelligence needed to enable, optimize, and secure the network to achieve business goals. With an Intelligent NetOps suite, organizations can more easily change and modernize their network as business requirements demand. BlueCat’s growing portfolio includes unified core network services, security and compliance, as well as network observability and intelligence. These solutions can be deployed in hybrid or multicloud environments, in the data center, at remote or branch locations, and via SD-WAN. BlueCat’s Intelligent NetOps solutions have been recognized by GigaOm as market leaders in their 2025 Radar Report for Network Observability and their 2024 Radar Report for DDI. BlueCat is headquartered in Toronto and New York, with additional offices in the United States, France, Germany, Iceland, Japan, Singapore, Serbia, and the United Kingdom. Learn more at bluecat.com.

    The MIL Network

  • MIL-OSI USA: Congressman Nick Langworthy Introduces Energy Choice Act to End Blue-State Wars on American Energy

    Source: US Congressman Nick Langworthy (NY-23)

    WASHINGTON, D.C. – Yesterday, Congressman Nick Langworthy (NY-23) and Senator Jim Justice (R-WV) introduced the bipartisan, bicameral H.R. 3699, the Energy Choice Acttoprohibit states or local governments from banning an energy service’s connection, reconnection, modification, installation, or expansion based on the type or source of energy to be delivered. Congressman Langworthy, who serves as a member of the House Energy and Commerce Committee, and as a member of the Energy and Environment subcommittees, has made protecting Americans’ energy choices a top priority.

    “Governor Hochul and Democrats in Albany have waged an extremist crusade against natural gas that’s sent home energy costs through the roof, crippled our energy supply, and left New York teetering on the edge of an energy crisis—all to satisfy the radical fantasies of the far-left climate cult. New York has been ground zero for the Green New Deal, where common sense goes to die and working families get stuck with the bill,”said Congressman Langworthy.“That’s why I’ve introduced the Energy Choice Act—to slam the brakes on these reckless, ideological mandates and restore sanity to America’s energy policy. People deserve the freedom to choose energy that is affordable, reliable, and proven—not be forced into rolling blackouts to please eco-activists who don’t live in the real world. I thank Senator Justice for introducing this bill in the Senate and urge its swift action.”

     

    “I am an energy guy from an energy-rich state. I know how important freedom of energy production is – which is why I’m proud to introduce Energy Choice Act of 2025. President Trump has stated the need to unleash American energy, and this bill helps facilitate just that. We have too great an energy crisis in this country, and we don’t have the luxury of picking the winners and losers when it comes to energy production. Americans ought to have the right to choose what is best for their energy needs,” said Senator Jim Justice.

     

    The full text of the bill can be found here. Original cosponsors of this legislation include Representatives Michael Baumgartner (R-WA), Jack Bergman (R-MI), Mike Bost (R-IL), Robert Bresnahan Jr. (R-MI), Ken Calvert (R-CA), Mike Carey (R-OH), Jeff Crank (R-CO), Chuck Edwards (R-NC), Jake Ellzey (R-TX), Brad Finstad (R-MN), Vicente Gonzalez (D-TX), Lance Gooden (R-TX), Pat Harrigan (R-NC), Clay Higgins (R-LA), Jeff Hurd (R-CO), Darin LaHood (R-IL), Michael Lawler (R-NY), Ryan Mackenzie (R-PA), Nicole Malliotakis (R-NY), Tracey Mann (R-KS), Tom McClintock (R-CA), Addison McDowell (R-NC), Mark Messmer (R-IN), Dan Meuser (R-PA), John Moolenaar (R-MI), Tim Moore (R-NC), Dan Newhouse (R-WA), August Pfluger (R-TX), John Rose (R-TX), Michael Rulli (R-OH), Jefferson Shreve (R-IN), Elise Stefanik (R-NY), Claudia Tenney (R-NY), GT Thompson (R-PA), David Valadao (R-CA), Beth Van Duyne (R-TX), Tony Wied (R-WI), Roger Williams (R-TX), Ryan Zinke (R-MT).

     

    Original cosponsors in the Senate include Senators Tommy Tuberville (R-AL) and Shelley Moore Capito (R-WV).  

     

    “Democratic-controlled states like New York are waging an all-out attack on domestic energy production, undermining Americans’ right to choose their preferred energy source. The Energy Choice Act combats these authoritarian regulations by preventing state and local governments from banning specific energy sources. To achieve true energy independence, we must ensure Americans have access to a full range of options, including natural gas,”said Congresswoman Tenney.

     

    “Montanans know the value of reliable, affordable energy, especially during winters when access to natural gas, coal, and other traditional fuels isn’t just a convenience, it’s a necessity,” said Congressman Zinke. “Heavy handed policies from places like Albany and Sacramento don’t reflect the realities of rural America, where energy diversity is vital. The Energy Choice Act is common sense legislation that defends our right to choose the energy sources that work best for our homes and businesses, and I am happy to co-sponsor it again.”

     

    “In order to achieve American energy dominance, we must utilize an all-of-the-above energy strategy that prioritizes affordability and reliability. By prohibiting states and local governments from banning a service based on the source of the energy, we can ensure that families and small businesses are not being forced to utilize more costly energy sources. I thank Rep. Langworthy for his leadership as we work to make energy more affordable and reliable for our constituents,” said Congressman Newhouse.

     

    “Energy freedom is essential to both our economy and national security,” said Congressman Mike Rulli. “Efforts by state governments to ban natural gas and other traditional energy sources not only hurt working families through higher costs but also jeopardize grid reliability – especially in regions with harsh winters like ours. I’m proud to support the Energy Choice Act and thank Congressman Langworthy for putting consumers first and ensuring that no American is forced into an energy system that doesn’t work for them or their community.”

     

    “Strengthening America’s energy independence requires an all-of-the-above energy strategy that ensures consumer demand and industry experts, not bureaucrats and extreme environmentalists, lead the expansion and delivery of energy services. Banning certain types of energy, like California and New York have tried to do, only raises prices for Americans,” said Congressman Chuck Edwards (NC-11). “The Energy Choice Act will safeguard the diversification of energy sources in our nation and make sure that Americans have access to reliable and affordable energy.”

     

    The Energy Choice Act has received wide support from federal organizations, including American Exploration and Production Council (AXPC), American Gas Association (AGA), American Public Gas Association (APGA), Americans for Prosperity (AFP), Consumer Energy Alliance (CEA), Energy Marketers of America (EMA) , GPA Midstream Association, GPSA Midstream Suppliers, Hearth, Patio & Barbecue Association (HPBA), National Association of Home Builders (NAHB), National Association of Oil and Energy Service Professionals (OESP), National Energy and Fuels Institute (NEFI), National Propane Gas Association (NPGA), Plumbing Heating Cooling Contractors – National Association (PHCC), Pool & Hot Tub Alliance (PHTA), LIBRE Initiative, Concerned Veterans for America (CVA).

    This legislation has also received support from state organizations, including Alabama Propane Gas Association, Arizona Propane Gas Association, Arkansas Propane Gas Association, Colorado Propane Gas Association, Connecticut Energy Marketers Association, Florida Propane Gas Association, Illinois Propane Gas Association, Indiana Food and Fuel Association, Iowa Propane Gas Association, Propane Gas Marketers of Kansas, Kentucky Petroleum Marketers Association, Kentucky Propane Gas Association, Louisiana Propane Gas Association, Maine Energy Marketers Association, Massachusetts Energy Marketers Association, Michigan Petroleum Association, Michigan Propane Gas Association, Mid-Atlantic Hearth, Patio & Barbecue Association, Mid-Atlantic Petroleum Distributors Association, Mid-Atlantic Propane Gas Association, MidStates Hearth, Patio & Barbecue Association, Midwest Hearth, Patio & Barbecue Association, Mississippi Propane Gas Association, Missouri Propane Gas Association, Nebraska Propane Gas Association, Energy and Convenience Marketers of Nevada, Nevada Propane Gas Association, New Mexico Propane Gas Association, North Central Hearth, Patio & Barbecue Association, Northeast Heart, Patio & Barbecue Association, Northwest Hearth, Patio & Barbecue Association, Energy Marketers Association of New Hampshire, Fuel Merchants Association of New Jersey, New Jersey Propane Gas Association, Association of Contracting Plumbers of the City of New York Inc., New York Propane Gas Association, Empire State Energy Association (ESEA), Independent Oil and Gas Association of New York (IOGANY), New York State Association of Plumbing, Heating and Cooling Contractors, New York State Energy Coalition (NYSEC), New York State Oil Producers Association (NYSOPA), North Carolina Petroleum and Convenience Marketers, North Dakota Propane Gas Association, Ohio Energy and Convenience Association, Ohio Oil and Gas Association, Ohio Propane Gas Association, Oklahoma Propane Gas Association, Oregon Hearth, Patio & Barbecue Association, Pacific Propane Gas Association, Hearth Patio & Barbecue Association Pacific, Eastern Pennsylvania Energy Association, North Eastern Pennsylvania Energy Marketers Association, Pennsylvania Independent Oil and Gas Association, Pennsylvania Petroleum Association, Southeast Hearth, Patio & Barbecue Association, South Central Pennsylvania Energy Association, South Central Hearth, Patio & Barbecue Association, Propane Gas Association of New England, Energy Marketers Association of Rhode Island, Rhode Island Business Leaders Alliance, Rocky Mountain Hearth, Patio & Barbecue Association, Rocky Mountain Propane Association, South Carolina Convenience & Petroleum Marketers Association, South Dakota Petroleum and Propane Marketers Association, Southeast Propane Alliance, Tennessee Propane Gas Association, Texas Propane Gas Association, Vermont Fuel Dealers Association, Virginia Petroleum & Convenience Marketers Association, Virginia Propane Gas Association, West Virginia Propane Gas Association, Western Propane Gas Association, Washington Independent Energy Distributors, Wisconsin Fuel and Retail Association, Wisconsin Propane Gas Association, Wisconsin Manufacturers and Commerce (WMC).

    “NEFI proudly supports the Energy Choice Act, which represents a critical step toward protecting American consumers and small businesses from government overreach in the home energy market,”said Jim Collura, President & CEO of the National Energy & Fuels Institute (NEFI), which represents wholesale and retail distributors of liquid heating fuels, primarily in the Northeast.“This bipartisan legislation ensures that decisions about home heating and cooling remain where they belong – in the hands of American families, not government bureaucrats. At a time when families are recovering from record high inflation, the last thing we need are misguided state and local policies that eliminate affordable heating options. The Energy Choice Act protects market competition, preserves consumer choice, and promotes energy affordability and reliability. We urge Congress to pass this common-sense legislation without delay.”

     

    “NAHB commends Rep. Nick Langworthy (R-N.Y.) for championing the Energy Choice Act, legislation that prohibits state and local governments from banning or limiting access to natural gas, electricity, and other energy sources. A gas ban would exacerbate the housing affordability crisis by increasing costs on new homes and placing added stress on the nation’s electrical grid. With more than 40 million U.S. households relying on natural gas for heating, cooking, and hot water, preserving access to this affordable and reliable energy source is vital for American families,”said Buddy Hughes, Chairman, National Association of Home Builders.

     

    “On behalf of millions of AFP’s grassroots activists across the country, we applaud Rep. Nick Langworthy for introducing the Energy Choice Act to ensure energy freedom throughout the United States. Regardless of where Americans live, they shouldn’t be forced to endure energy poverty. The Energy Choice Act will provide certainty, security, and assurance for much-needed permitting reform and energy infrastructure development. Rep. Langworthy’s legislation will ensure American dominance in energy and lower costs for consumers while embracing an “all-of-the-above” approach on the federal level,” said Brent Gardner, Chief Government Affairs Officer, Americans for Prosperity.

     

    “The Energy Choice Act represents a critical step in protecting consumer access to clean, affordable, and reliable energy sources like propane,”said Stephen Kaminski, President and CEO of the National Propane Gas Association. “NPGA commends Rep. Langworthy and Sen. Justice for their leadership in introducing this legislation to defend energy diversity and empowering Americans to choose the energy solutions that best meet their needs. This bill safeguards consumers from rising energy costs driven by overreaching government mandates.”

    “The American Public Gas Association (APGA) strongly supports Representative Langworthy’s Energy Choice Act. This important legislation will safeguard American consumers’ right to choose the energy that best meets their household and budget needs. Access to affordable, reliable, and efficient natural gas is essential to the success of American families, businesses, and communities. APGA applauds the bill’s sponsors for their leadership in protecting consumer choice and promoting energy affordability,” said Dave Schryver, President & CEO, APGA.

     

    “The refusal of certain state and local governments to consider policies that provide a more sustainable transition to a less carbon-intensive future, coupled with the economic burdens placed on the American people through restrictions or bans on fossil fuel heating sources, necessitates federal preemption to ensure homeowners can continue to afford living in their homes while having robust options for maintaining home comfort. The Energy Choice Act provides that recourse and PHCC supports its immediate passage,” said Dan Callies, President, Plumbing-Heating-Cooling Contractors, National Association.

     

    “Passage of this important legislation is a no brainer. We encourage House lawmakers to pass the bill immediately to restore consumer choice and support small business energy marketers across the country,”said Rob Underwood, Energy Marketers of America President.

     

    “At a time when no New Yorker is immune to statewide affordability challenges, having the freedom to choose energy solutions that work best for their homes, businesses, and communities is critical to keeping costs manageable for everyday people. The Energy Choice Act ensures we are taking an all-of-the-above approach to meeting energy needs — opening opportunities to tap into existing solutions like biofuels that advance clean energy goals, while also fostering continued innovation to build a more secure, affordable energy future. We support this commonsense legislation, thank Congressman Langworthy for his leadership, and urge House lawmakers to pass the Energy Choice Act to deliver real energy solutions for all Americans and support the small business energy marketers who help power our communities,”said Kris DeLair, Executive Director of the Empire State Energy Association.

     

    “GPA Midstream appreciates Representative Langworthy taking action to introduce legislation to protect consumer choice. New Yorkers and all Americans deserve the right to choose the energy source, such as natural gas or propane, that is reliable and best fits their budget needs,”said Stuart Saulters, VP of Federal Affairs, GPA Midstream Association.

     

    “Americans deserve reliable, affordable energy without bureaucratic roadblocks or special interests getting in the way. This bill protects consumer choice and energy innovation by ensuring that no state or local government can block access to energy sources based on political agendas or bad politics. This bipartisan bill is a common-sense step toward securing our energy future, protecting American energy jobs, and most importantly protecting the pockets of working class Americans who should not have to pay more for energy. The LIBRE Initiative is grateful for Rep. Langworthy’s leadership on this important issue,” said Helder Toste, Government Affairs Liaison, The LIBRE Initiative

     

    “Concerned Veterans for America wholeheartedly endorses Rep. Nick Langworthy’s Energy Choice Act on behalf of the members of our country’s largest veteran-led grassroots advocacy organization.  This bill will ensure energy freedom in every state and protect hardworking citizens from high energy costs created by special interests at the state level. Veterans served so that Americans are free to benefit from our nation’s ingenuity and natural abundance, and are free to live their unique American Dreams.
    The Energy Choice Act limits states’ permitting requirements and promotes a more resilient energy infrastructure. Rep. Langworthy’s legislation will ensure continued American domestic energy availability and lower costs for consumers while embracing a free market approach to energy development across the country,” said John Vick, Executive Director, Concerned Veterans for America.

    ###

     

    MIL OSI USA News

  • MIL-OSI USA: Gillibrand Announces Legislation To Reduce The Cost Of Prescription Drugs For Seniors

    US Senate News:

    Source: United States Senator for New York Kirsten Gillibrand

    Millions Of Older Adults Struggle To Afford Their Prescription Medication

    Legislation Would Expand On Law That Lowers Costs For Prescription Drugs That Treat Diabetes, Kidney Disease, And Other Common Conditions

    Today, U.S. Senator Kirsten Gillibrand, the top-ranking Democrat on the Senate Aging Committee, held a virtual press conference to discuss the Strengthening Medicare and Reducing Taxpayer (SMART) Prices Act, legislation to reduce the cost of prescription drugs for seniors. 

    The bill would lower the cost of some of the most expensive and commonly used prescription medications by enhancing the Department of Health and Human Services’ (HHS) ability to negotiate directly with pharmaceutical companies on the price of certain prescription drugs covered under Medicare Part D. This will lower costs for people with Medicare while simultaneously reducing drug spending by the federal government. 

    Even with Medicare, the cost of prescription drugs can be astronomical; as a result, many seniors are forced to skip doses, cut pills in half, or otherwise alter their treatment in an attempt to save money. That is unacceptable,” said Senator Gillibrand. “In 2022, we made major progress in reducing the cost of life-saving medications by passing legislation that allowed Medicare to negotiate the price of certain prescription drugs, including those that treat diabetes, heart failure, kidney disease, and blood cancer, among other common conditions. This bill expands on that victory and makes dozens more drugs subject to price negotiations. I look forward to getting it passed.” 

    Throughout her time in Congress, Gillibrand has fought to lower the cost of prescription drugs. In 2022, she helped pass the Inflation Reduction Act, which capped Medicare patients’ out-of-pocket prescription drug costs at $2,000 per year; empowered Medicare to negotiate prescription drug prices; and regulated price increases by drug companies. She is an original cosponsor of the Medicare for All Act, which would provide every American with prescription drug coverage at an affordable cost. In 2023, she joined a bipartisan push to lower out-of-pocket costs for prescription drugs by limiting the use of harmful “copay accumulators,” which prevent copay assistance from counting toward a patient’s deductible or out-of-pocket maximum and make it harder for patients to afford their medications.

    Specifically, the SMART Prices Act would: 

    1. Increase the number of drugs and biologics – medications like insulin that come from living sources – that HHS must negotiate to a minimum of 50 drugs in 2028 and for each subsequent year. 
    2. Increase the amount of savings that Medicare can negotiate off the list price for each drug by adjusting the maximum fair price (MFP) thresholds to match the MFP thresholds that the VA, DOD, and U.S. Public Health Service use in their price negotiations for prescription drugs. 
    3. Shorten the length of time that drugs and biologics need to be on the market following FDA approval before becoming eligible for negotiation.

    MIL OSI USA News

  • MIL-OSI Canada: B.C. advancing easier ways of doing business

    Source: Government of Canada regional news

    Streamlining processes to reduce barriers, cut red tape, foster innovation and create a more supportive, business-friendly environment in B.C. are the goals as the Province launches an ease-of-doing-business review.

    “We are listening to B.C. businesses as we work to ensure our province is an easy place to do business,” said Diana Gibson, Minister of Jobs, Economic Development and Innovation. “This review will help us to continue to modernize our regulatory and permitting systems, as we secure B.C.’s position as the economic engine of Canada’s new economy.”

    Businesses are invited to share their ideas, challenges and suggestions through an online website portal until fall 2025. By involving entrepreneurs, business owners and business-sector partners in B.C., the Province will gain a clearer understanding of current on-the-ground challenges when establishing or growing a business. Information gathered throughout the review will help government establish a set of performance measurements to make it easier for companies and organizations of all sizes and sectors to do business in B.C.

    The Province has received input identifying potential challenges and barriers, canvassing insights from the business community, which have been categorized into four types: policy, legislation and regulation, funding and infrastructure, and taxes and fees.

    The review aims to simplify processes and access to services to help businesses succeed, draw more investment and improve competitiveness. It also aligns with recent legislation to ensure rapid permitting and robust regulation of renewable-energy projects, such as wind and solar. This is part of the Province’s commitment to fast-track 18 natural-resource projects to grow the economy while maintaining strong environmental standards and consultation commitments and reducing B.C.’s reliance on trade with the United States. These actions will provide more certainty around processes and timelines to help attract investment to the province by reducing costs for stakeholders.

    “Establishing a set of performance measures to track the ease of doing business will provide B.C. with a road map to reduce barriers and help set up small- and medium-sized businesses to succeed,” said Fiona Famulak, president and CEO, BC Chamber of Commerce. “What gets measured gets done. By monitoring progress, we can identify what’s working or not, improve accountability and create a more business-friendly environment.”

    The review builds on the work government has done through Better Regulations for British Columbians, which has delivered more than 4,000 regulatory amendments since 2016. This ongoing work has made for easier and quicker interactions between businesses and government services, enhancing overall accessibility and convenience.

    Quote:

    Steve Morissette, parliamentary secretary for rural development –

    “Reviewing and updating outdated policies and regulations will help reduce red tape and unlock more opportunities for rural communities. By streamlining processes, we’ll support small businesses and attract new investment, paving the way for sustainable growth and a stronger future for all of B.C.”

    Learn More:

    To learn about the ease-of-doing-business review and submit feedback, visit: https://gov.bc.ca/easeofdoingbusiness

    MIL OSI Canada News

  • MIL-OSI USA: Governor Polis Completes State-Wide Bill Signing Tour, Signing New Laws to Reduce Housing Costs, Make Colorado Safer and Save People Money

    Source: US State of Colorado

    DENVER – Today, Governor Polis completed his 2025 bill state-wide signing tour, signing bills passed by Democrats and Republicans during the landmark 2025 legislative session. Governor Polis signed 476 bills, 87.5% of which were bipartisan, breaking down barriers to housing Coloradans can afford, increasing funding for students and teachers, enhancing public safety, saving people money, protecting the domestic and wild animals Colorado calls home, and protecting and expanding access to outdoor recreation. 

    “This session we continued delivering on our commitment to reduce the cost of living in our state by passing laws to build more housing people can afford, increase student funding to drive student success, improve public safety and more. I am proud of the progress we delivered this year and was thrilled to travel the state from Grand Junction to Alamosa, Keenesberg, Colorado Springs, Pueblo, Fort Collins and more to sign these transformational laws in the communities that make Colorado the best state in the nation to live, raise a family, and thrive,” said Governor Polis. 

    MORE HOUSING NOW: 

    IMPROVING PUBLIC SAFETY: 

    • SB25-310 – Proposition 130 Implementation: This law supports funding for local law enforcement agencies to help recruit peace officers by providing financial reimbursements and tuition assistance for initial and continuing education and training for peace officers, as well as pay incentives and bonuses. The bill also provides funding to ensure that the families of fallen officers get the support they need after losing their loved one in the line of duty.
    • HB25-1062 Penalty for Theft of Firearm: This law cracks down on gun theft by reclassifying firearm theft as a class 6 felony regardless of the value of the firearm stolen.
    • HB25-1171 – Possession of Weapon by Previous Offender Crimes: This law adds first-degree motor vehicle theft to the list of criminal offenses that would make an individual ineligible to possess a firearm.
    • SB25-281 – Increase Penalties Careless Driving: adjusts penalties for persons convicted of careless driving, making each individual seriously injured or killed in a careless driving event a separate violation and clarifies that careless driving resulting in serious bodily injury or death is an included crime for the purposes of the “Victim Rights Act”.
    • A State Budget to Make Colorado Safer: Governor Polis continues working to make Colorado safer for everyone and by signing this year’s budget, Colorado continues investing in preventing and addressing crime. This includes:
      • Youth Crime Prevention: Helping to prevent at-risk youth from entering the criminal justice system through increased funding for prevention services.
      • Community Corrections Capacity: The budget also provides $2.4 million to invest in community corrections placement, increasing capacity.
      • Supporting Crime Victims: Additionally, this budget implements Colorado’s Proposition KK, designating $30.0M in spending authority to crime victims’ services, $8 million for mental health services, and $1 million for school safety.
      • $15 million ongoing for critical public safety communication infrastructure, supporting over 1,000 local, regional, state, tribal, and federal public safety entities.
      • Funding for CBI’s Colorado Gangs Database: The Colorado Gangs database (CoG) is an application that stores gang information such as gang names, gang members, gang contacts, and is used by law enforcement as an investigative tool. It allows law enforcement the ability to add and change any information about the gangs, tracking gangs, and gang members that they contact during patrol or other investigative efforts conducted by law enforcement. This information is also queryable in the Colorado Crime Information Center (CCIC), which provides law enforcement with the most accurate information possible.
    • HB25-1146 – Juvenile Detention Bed Cap: This law allows judicial districts to utilize more juvenile detention beds to ensure that individuals deemed high-risk do not re-enter communities before receiving the rehabilitative services they need.
    • SB25-168 – Prevention of Wildlife Trafficking: This law will crack down on wildlife trafficking to keep Coloradans and wildlife safe. 

    FULLY FUND SCHOOLS AND SUPPORT COLORADO’S WORKFORCE: 

    • HB25-1320 – School Finance Act: This legislation implements Colorado’s student-focused school finance formula without bringing back the budget stabilization factor. It also increases per-pupil funding again to $11,864, an increase from FY24-25 of $412 per student, or an average of $9,000 per classroom.
    • SB25-315 – Postsecondary & Workforce Readiness Programs: This legislation realigns Postsecondary and Workforce Readiness administration and funding to ensure all students have the opportunity to graduate high school with postsecondary credit, an industry-recognized credential, or work-based learning experience.
    • HB25-1278 – Education Accountability System: This legislation modernizes Colorado’s K-12 accountability system for the first time since 2009 to better measure student outcomes, including the creation of a new sub-indicator to support postsecondary and workforce readiness before graduation.
    • HB25-1192 – Financial Literacy Graduation Requirement: This legislation ensures that every student takes a course incorporating all financial literacy standards before they graduate high school, as well as practice filling out financial aid forms so that they are equipped with the know-how to plan for and secure their financial futures.
    • HB25-1038 – Postsecondary Credit Transfer Website: This law will support students by providing more information about how their credits earned through prior learning, concurrent and dual enrollment, and GT Pathways courses will transfer to each Colorado public institution. By allowing students to evaluate and compare the value of their transfer credits across institutions and programs, students can save money and more successfully plan their educational journeys. 

    DRIVING COLORADO’S ECONOMY: 

    • HB25-1005 – Tax Incentive for Film Festivals: This legislation supports film festivals in Colorado and helped the state land the iconic Sundance Film Festival, starting in 2027, which will bring in hundreds of millions of dollars in economic benefits and thousands of jobs.
    • HB25-1021 – Tax Incentives for Employee-Owned Businesses: This law helps businesses by save more toward taxes, when they transition to employee-owned, which is good for employees and businesses.
    • HB25-1090 – Protections Against Deceptive Pricing Practices: This legislation will help eliminate fees that drive up costs and get rid of deceptive practices that make Coloradans spend more money than they want.
    • HB25-1001 – Enforcement Wage Hour Laws: This legislation combats wage theft, ensuring that more workers are paid fairly, on time, and in full. It enhances enforcement of Colorado’s wage and hour laws, disincentivizes violations, and provides the Department of Labor and Employment with new tools to prevent and address wage theft.
    • HB25-1215 – Redistribution of Lottery Fund: This legislation directs the first $4 million of the lottery fund to the outdoor equity fund, increasing outdoor recreation opportunities and protecting Colorado parks. 

    SAVING PEOPLE MONEY: 

    FREE STATE OF COLORADO: 

    BOLD CLIMATE GOALS AND IMPROVING AIR QUALITY: 

    ###

    MIL OSI USA News

  • MIL-OSI USA: Louisiana Man Pleads Guilty to $3.8 Million Durable Medical Equipment Fraud Scheme

    Source: US State of North Dakota

    A Louisiana man pleaded guilty today in connection with a five-year scheme to submit millions of dollars in fraudulent claims to Medicare for expensive and medically unnecessary medical equipment.

    According to court documents, Michael L. Riggins, 62, of West Monroe, Louisiana, pleaded guilty to one count of conspiracy to commit health care fraud for his role in a durable medical equipment (DME) scheme. Riggins was the owner of Bluewater Healthcare (Bluewater), a DME supply company in West Monroe. From 2018 to 2023, Riggins paid for doctors’ orders for medically unnecessary DME and tricked doctors into signing DME orders and certificates of medical necessity in order to bill for it. Despite receiving hundreds of complaints regarding the fraudulent orders, Riggins submitted over $3.8 million in fraudulent claims to Medicare for supplying the DME and was reimbursed over $1.8 million.

    Riggins is scheduled to be sentenced on Oct. 2 and faces a maximum penalty of 10 years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division; Acting U.S. Attorney Alexander C. Van Hook for the Western District of Louisiana; and Deputy Inspector General for Investigations Christian J. Schrank of the U.S. Department of Health and Human Services, Office of Inspector General (HHS-OIG) made the announcement.

    HHS-OIG is investigating the case.

    Trial Attorneys Samantha Usher and Kelly Z. Walters of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Robin McCoy for the Western District of Louisiana are prosecuting the case.

    The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of nine strike forces operating in 27 federal districts, has charged more than 5,800 defendants who collectively have billed federal health care programs and private insurers more than $30 billion. In addition, the Centers for Medicare & Medicaid Services, working in conjunction with HHS-OIG, are taking steps to hold providers accountable for their involvement in health care fraud schemes. More information can be found at www.justice.gov/criminal-fraud/health-care-fraud-unit. 

    MIL OSI USA News

  • MIL-OSI: BCMI and XBE Announce Merger to Drive the Future of Technology in Heavy Materials and Construction

    Source: GlobeNewswire (MIL-OSI)

    The technology leaders have strategically combined their heavy materials and construction software into one powerful, integrated system – from raw materials to job site and customer experience.

    REDMOND, Wash., June 05, 2025 (GLOBE NEWSWIRE) — BCMI Corp. and XBE, trusted technology leaders in the heavy construction materials industry, are excited to announce their merger. The strategic move positions the combined company as the most comprehensive software provider in the market, with an unparalleled range of capabilities spanning ready mixed concrete, aggregates, asphalt, cement, heavy construction and heavy logistics — all supported by cloud-native, mobile-friendly, AI-enabled technology.

    Individually, each company has collaborated directly with industry thought leaders to develop widely adopted, purpose-built software. Together, the combined entity will immediately expand on existing product integrations and the companies will leverage their strengths, teams and processes to deliver more value to the industry, faster. 

    “We are truly creating a powerhouse of innovation,” says Craig Yeack, Founder and President of BCMI. “XBE and BCMI grew market share and revenue at stellar rates in 2024, propelled by their respective value delivery of critical industry technology. Our shared North Star is to accelerate the creation of cutting-edge business-critical tools for the entire industry, specifically harnessing AI.” 

    The merger is especially impactful for heavy materials producers with multiple lines of business, who will now benefit from an integrated, cloud-based platform that spans production, dispatch, logistics, jobsite delivery and customer experience. Materials producers will be able to leverage a full product suite that connects the proven solutions they already use — BCMI Ready-Mix Dispatch, Material Pro, Material Now and XBE — plus jointly developed offerings.   

    Yeack will serve as President of BCMI, and Sean Devine, Founder and CEO of XBE, will serve as CEO of the combined entity. Together, they will lead a team of more than 100 industry experts committed to driving meaningful innovation for producers, contractors and suppliers across North America.

    “Nearly half of XBE’s customers are already in the ready-mix space,” says Devine. “Joining forces with BCMI—the market leader in ready-mixed concrete technology—allows us to better serve this strategic segment with a unified, future-ready platform.”

    As part of their commitment to the industry, XBE and BCMI will maintain their focus on customer collaboration, open APIs and cloud-native, mobile-friendly technology. Enhanced offerings from the combined roadmap will be released incrementally, giving customers full control over their adoption timelines.

    Together, XBE and BCMI are building the future of heavy materials and construction technology: unified, AI-powered and customer-first.

    About BCMI 

    BCMI Corp.’s cloud-based, mobile software empowers producers of concrete, aggregates, asphalt and cement to improve business processes and strengthen customer relationships. The BCMI Platform includes concrete dispatch, CRM & quoting, invoicing, mix management, performance analytics, mobile apps for producers and contractors, eTicketing, eOrders, and ProPilot AI solutions. BCMI’s performance analytics, interactive communication tools and AI-assisted solutions keep materials producers and contractors aligned with real-time business solutions. For more on BCMI Cloud-Based Dispatch, Material Pro and Material Now apps, visit www.bcmicorp.com. 

    About XBE
    XBE’s mission is to integrate the physical and financial operations of heavy construction, bulk logistics, and bulk materials. With XBE, customers maximize profitability, reinvest in growth, and scale with confidence. XBE provides a comprehensive operations management platform that includes scheduling and resource planning, financial management, dispatch and logistics optimization, rate agreements, materials and inventory management, reporting and analytics, compliance monitoring, and collaboration tools. XBE platform products include PriceBee (pricing and quoting) and Gauge (equipment asset utilization). For more information, visit www.x-b-e.com.

    Media contact

    Jennifer Jensen
    PR & Media Specialist, BCMI Corp.
    jennifer.jensen@bcmicorp.com 

    The MIL Network

  • MIL-OSI: Radcred Relaunches Personal Loan Marketplace to Expand Access for U.S. Borrowers With No Credit Check

    Source: GlobeNewswire (MIL-OSI)

    Glendale, June 05, 2025 (GLOBE NEWSWIRE) — Disclaimer: RadCred is not a lender and does not make credit or underwriting decisions. It is a personal loan marketplace that connects applicants with a network of licensed third-party lenders. Loan terms, rates, and approval times vary by lender and are not guaranteed by RadCred. Submitting a loan request does not guarantee approval or funding. All financial decisions should be made with care and reviewed with a financial advisor if needed. Availability of loan products may vary by state. RadCred does not charge users any fees for using the platform.

    The revamped platform aims to simplify access to personal loans by bridging the gap between consumers and vetted lenders nationwide.

    RadCred, a U.S.-based digital platform, has relaunched as a full-service personal loan marketplace. The redesigned site is built to improve access to unsecured loans and streamline connections between borrowers and direct lenders. The update expands the company’s ability to serve applicants across a wide credit spectrum, including those with bad credit scores.

    The revised platform introduces tools that allow users to submit a single application to access offers from multiple licensed lenders. Borrowers can now explore options for same-day loans, quick loan approvals, and even no credit check personal loans. This format simplifies the application process while giving consumers more control over their borrowing decisions.

    “We wanted to create a space where users, regardless of credit score, can view and compare real offers from verified lenders,” said Lara Smith, Senior Accounting Executive of RadCred. “This relaunch reflects our commitment to transparency and efficiency in personal lending.”

    Key Features of the Updated Platform

    The revamped RadCred platform introduces key features aimed at improving borrower access, especially for those seeking quick loan approval, no credit check options, or support with bad credit, while simplifying comparisons and accelerating the overall lending process.

    Broader Loan Options
    RadCred now supports unsecured personal loans ranging from $300 to $35,000. These include emergency cash advances, short-term installment plans, and options suited for debt consolidation or education-related needs. Borrowers can use the same platform to access small urgent loans or explore longer repayment terms.

    Support for Borrowers with Bad Credit
    RadCred’s network includes lenders who consider income and employment status rather than only credit score. The updated platform highlights no credit check loan categories and bad credit loan filters, enabling users to find potential options even if they have limited credit history.

    Soft Credit Inquiries
    Applicants using RadCred undergo only a soft credit check at the pre-qualification stage. This approach does not affect their credit score and helps determine basic eligibility before a formal application. Users can explore instant loan offers without risk to their credit report.

    Streamlined Application Process
    Borrowers submit a single digital application, which is securely shared with multiple lenders in RadCred’s network. The platform then presents loan offers side by side, including interest rates, fees, and repayment terms. This system allows users to evaluate multiple personalized offers efficiently.

    Faster Approval and Disbursement
    Many lenders in RadCred’s network offer quick loan approval and same day funding for eligible applicants. Those who accept an offer early in the day may receive funds in their account by the evening or the next business morning.

    Digital Lending in the Current Market

    The relaunch of RadCred comes at a time when more Americans are turning to online platforms for personal finance solutions. Rising living costs and higher interest rates on credit cards have driven demand for alternative forms of credit. According to industry reports, unsecured personal loan balances reached $232 billion in the U.S. by the end of 2023.

    Online lending has grown significantly, with platforms that offer digital-first tools and inclusive criteria gaining momentum. Consumers are seeking options that support quick access, straightforward application processes, and transparent terms, particularly those that accommodate borrowers with bad credit scores or limited borrowing history.

    RadCred’s upgraded interface addresses these needs by focusing on ease of use and lender accessibility. The company’s role as a marketplace, not a lender, ensures that users can compare multiple products in one place without bias toward a single provider.

    Roadmap and Future Development

    Looking ahead, RadCred plans to introduce additional resources for borrowers. Planned updates include:

    • AI-powered matching tools for better loan-personalization
    • Educational content about managing loan repayments
    • Partnerships with credit unions and local banks to expand lender coverage

    These changes are designed to continue improving access and supporting informed borrowing personal loan decisions.

    About RadCred

    RadCred is a personal loan marketplace based in Glendale, California. The platform connects applicants with a network of licensed lenders offering unsecured loan products. These include personal loans, emergency loans, and installment loan plans tailored to a range of credit backgrounds. RadCred is not a lender and does not make credit decisions. Its goal is to simplify the loan search process and help borrowers compare offers efficiently.

    The MIL Network

  • MIL-OSI: Ormat Technologies Announces Strategic Leadership Changes

    Source: GlobeNewswire (MIL-OSI)

    • ORMAT EXPANDS MANAGEMENT TEAM TO SUPPORT ELECTRICITY SEGMENT GROWTH AND EGS INITIATIVES
    • ARON WILLIS APPOINTED EXECUTIVE VICE PRESIDENT, ELECTRICITY SEGMENT
    • DANIEL MOELK APPOINTED SENIOR VICE PRESIDENT, RESOURCES, DRILLING, & EGS

    RENO, Nev., June 05, 2025 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, is pleased to announce the appointment of two distinguished executives to its senior management team. These strategic appointments are poised to propel the next phase of the Company’s growth and enhance its operational excellence within the renewable energy sector.

    Aron Willis Appointed Executive Vice President, Electricity Segment

    Effective June 4, 2025, Aron Willis will assume the role of Executive Vice President, Electricity Segment at Ormat Technologies. In this capacity Aron will oversee the operations of the Electricity Segment, ensuring alignment with the Company’s strategic goals and financial targets. Aron will also be responsible for optimizing plant performance, implementing advanced AI tools, ensuring compliance with safety and environmental regulations, and driving continuous improvement initiatives to foster future growth.

    Aron brings over 25 years of extensive experience in the power generation industry, with a proven track record of leadership and financial and operational expertise. His career includes significant roles at TransAlta Corporation and Northwest Digital Power, where he demonstrated exceptional leadership in managing large-scale operations and driving substantial growth initiatives. At TransAlta Corporation, Aron held several senior leadership positions, including Executive Vice President of Project Delivery & Construction, Executive Vice President of Growth and Senior Vice President of Operations & Commercial Management. He also managed TransAlta’s Australian operations for 10 years, comprising approximately 500MW of generating capacity. Aron holds a Bachelor of Commerce degree with a major in Finance from the University of Calgary.

    Daniel Moelk Appointed Senior Vice President, Resources, Drilling & EGS

    In July 2025, Daniel Moelk will join Ormat as Senior Vice President, Resources, Drilling & EGS. Daniel will lead our Resources, Drilling, and EGS teams with a focus on implementing sophisticated processes and innovative technologies. His work will focus in part on creating efficiencies through the use and advanced AI tools and developing Ormat’s ongoing drilling and exploration global roadmap.

    Daniel brings nearly 18 years of valuable operations and drilling management experience within the geothermal industry. Most recently, Daniel served as the EVP of European Operations for Eavor Technologies Inc, a company focused on EGS development where he successfully executed some of the industry’s most challenging and complex drilling campaigns. Daniel has played pivotal roles in expanding geothermal drilling operations across his career, in particular at Steag GMBH, PT Sejahtera Alam Energy while he was located in Indonesia, Daldrup & Sohne AG, Mannvit Engineering Consultants, and Iceland Drilling Inc. Daniel holds a degree in Mechanical Engineering from the University of Iceland.

    “We are thrilled to welcome Aron Willis and Daniel Moelk to Ormat’s leadership team, where their valued backgrounds and experience will help drive the next phase of development and growth for our leading geothermal operations,” said Doron Blachar, Chief Executive Officer of Ormat Technologies. “Their extensive experience and proven track records in the power generation and geothermal industries will be invaluable as we continue to support our growth through continued innovation. These appointments reflect our commitment to strengthening our leadership team, advancing our strategic objectives for generation growth, expanding our profitability, and focusing efforts on EGS development. I am confident that Aron and Daniel, both of whom will report directly to me, will play pivotal roles in our ongoing success.”

    Blachar continued, “I also want to extend my sincere gratitude to Shimon Hatzir for his long-standing service to the Company and his exceptional leadership and dedication over the past 36 years. Shimon has made significant contributions to Ormat in various capacities, including leading our R&D and engineering division, leading wide range of technology developments, and managing the design of numerous power plants. He also led our energy storage segment, and most recently, heading the Electricity Segment including the Resource and Drilling operations I wish him all the best in his well-deserved retirement.”

    ABOUT ORMAT TECHNOLOGIES

    With six decades of experience, Ormat Technologies, Inc. is a leading geothermal company, and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,400MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,538MW with a 1,248MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 290MW energy storage portfolio that is located in the U.S.

    ORMAT’S SAFE HARBOR STATEMENT

    Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such matters as our projections of annual revenues, expenses and debt service coverage with respect to our debt securities, future capital expenditures, business strategy, competitive strengths, goals, development or operation of generation assets, market and industry developments and the growth of our business and operations, are forward-looking statements. When used in this press release, the words “may”, “will”, “could”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “projects”, “potential”, or “contemplate” or the negative of these terms or other comparable terminology are intended to identify forward-looking statements, although not all forward-looking statements contain such words or expressions. These forward-looking statements generally relate to Ormat’s plans, objectives and expectations for future operations and are based upon its management’s current estimates and projections of future results or trends. Although we believe that our plans and objectives reflected in or suggested by these forward-looking statements are reasonable, we may not achieve these plans or objectives. Actual future results may differ materially from those projected as a result of certain risks and uncertainties and other risks described under “Risk Factors” as described in Ormat’s annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on February 27, 2025, and in Ormat’s subsequent quarterly reports on Form 10-Q that are filed from time to time with the SEC.

    These forward-looking statements are made only as of the date hereof, and, except as legally required, we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

    Ormat Technologies Contact:
    Smadar Lavi
    VP Head of IR and ESG Planning & Reporting
    775-356-9029 (ext. 65726)
    slavi@ormat.com
    Investor Relations Agency Contact:
    Joseph Caminiti or Josh Carroll
    Alpha IR Group
    312-445-2870
    ORA@alpha-ir.com

    The MIL Network

  • MIL-OSI: Free Spins No Deposit Casinos Grow in Popularity as Wild Casino Introduces 250 Free Welcome Spins Bonus Offer – WildCasino

    Source: GlobeNewswire (MIL-OSI)

    Willemstad, Curaçao, June 05, 2025 (GLOBE NEWSWIRE) — Wild Casino has introduced a new incentive, granting up to 250 welcome spins to new users who sign up during the current month. This initiative is designed to attract fresh players by offering a risk-free entry into real money gaming, aligning with industry trends in player acquisition.

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    Introduction to Free Spins: What Makes Them a Must-Try Casino Bonus

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    Types of Bonuses: Exploring the Range of Free Spins Offers

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    Free Spins Offers: How to Find and Make the Most of Casino Promotions

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    Casino Promotions: How Online Casinos Keep Things Exciting

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    Slot Games: Where Free Spins Come to Life

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    Researching Offers: How to Find the Best Free Spins

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    The MIL Network

  • MIL-OSI: DNO Raises USD 400 Million in Hybrid Bonds

    Source: GlobeNewswire (MIL-OSI)

    5 June 2025 – DNO ASA, the Norwegian oil and gas operator, today completed a private placement of USD 400 million of subordinated hybrid bonds with a coupon rate of 10.75 percent. The hybrid bonds will have the first call at 100 percent of nominal value after 5.5 years, with coupon step-up after six years and maturity in 2085. The bond placement met strong investor demand across US, Nordic and international markets and was significantly oversubscribed.

    “This first hybrid bond issue capitalizes on our 24-year flawless record in the bond market,” said DNO’s Executive Chairman Bijan Mossavar-Rahmani. “Given its features, including treatment as equity not debt on DNO’s balance sheet, a hybrid bond fits well with our financing structure following closing of the Sval Energi Group AS acquisition later this month,” he added.  

    Settlement is expected on or about 17 June 2025, subject to customary conditions precedent. An application will be made to list the bonds on the Oslo Stock Exchange. Proceeds from the new bond issue will be used to refinance financial indebtedness in Sval Energi and for general corporate purposes.

    Arctic Securities AS, DNB Carnegie, part of DNB Bank ASA, and Pareto Securities AS acted as Joint Bookrunners for the transaction. AGP Advokater AS acted as legal advisor to the Company.

    For further information, please contact:
    Media: media@dno.no
    Investors: investor.relations@dno.no

    DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire and Yemen. More information is available at www.dno.no

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    This release does not constitute any offer or solicitation to sell or purchase any securities. 

    The release may not be released, published or distributed in the United States of America or any other jurisdiction where release, publication or distribution would be prohibited or require any registration or filing acts or similar.

    The MIL Network

  • MIL-OSI: GROUPIRA Integrates with ASC to Streamline Automatic Rollover Data Transfer

    Source: GlobeNewswire (MIL-OSI)

    TACOMA, Wash., June 05, 2025 (GLOBE NEWSWIRE) — GROUPIRA®, INC (GROUPIRA®) a leading provider of retirement plan rollover solutions, is pleased to announce its new integration with ASC, a premier provider of retirement plan administration software. This partnership further accelerates the automatic rollover process, ensuring seamless data transmissions for TPAs.

    Through this integration, ASC users gain direct access to GROUPIRA’s robust rollover solutions, simplifying the rollover process of small-balance, terminated participant accounts. The automated process further reduces administrative burden of data transfer, and improves overall efficiency.

    At no cost to TPAs, GROUPIRA’s innovative and proprietary platform streamlines the rollover process by automating data uploads, lost participant searches, and customized distribution mailings.   By leveraging ASC’s advanced plan administration technology, GROUPIRA’s solutions will be more accessible.

    “We partner with ASC to further automate the rollover process for our TPA partners,” says [Yannis Koumantaros, Co-Founder and President] at GROUPIRA. “This integration uses advanced technology in Microsoft Azure to streamline rollover solutions, ensuring secure data transfers for TPAs and their plan sponsor clients.”

    “We understand the extraordinary efforts TPAs take to keep their clients’ plans compliant with the mandatory force out rules,” explains Alan Gould, President of ASC, “This new integration significantly decreases the amount of time and effort our TPA clients need to expend on these efforts.”

    About GROUPIRA®, INC.
    GROUPIRA®, Inc. is a pioneering financial technology company committed to bringing the benefits of 401(k) plans to IRA investors. To discover more about GROUPIRA® and its innovative solutions, visit www.groupira.com.

    About Actuarial Systems Corporation (ASC)

    ASC is an industry leader in providing innovative intelligent automation for retirement plan software. Systems include Retirement Plan Documents, DC/401(k) Recordkeeping and Administration, DB Valuation, Compliance Testing, Single Step Processing, 5500 Forms, CRMs, API & other enterprise level tools. All products share data facilitating the reduction of errors and elimination of duplicate data entry. A fully hosted, web-access option is available for all products. ASC also offers ERISA Consulting and Continuing Education.

    Media Contact:
    Jaime Unkel, VP of Sales
    jaime@groupira.com
    201.981.2155
    GROUPIRA

    Laurie Joiner
    ljoiner@asc-net.com
    818.344.2084 x110
    ACTUARIAL SYSTEMS CORPORATION (ASC)

    The MIL Network

  • MIL-OSI: Banqup Group completes the divestment of 21grams group

    Source: GlobeNewswire (MIL-OSI)

    Press Release – Inside Information

    La Hulpe, Belgium – 5 June 2025, 7:00 p.m. CET – Inside Information – Banqup Group SA, formerly Unifiedpost Group SA, (Euronext: UPG) (Banqup, Company), a leading provider of integrated business communications solutions, today announced the completion of the sale of all shares in the 21grams group (“21grams”) to PostNord Strålfors AB (“PostNord Strålfors”). 

    The transaction was announced on 5 July 2024 and has been completed following the fulfilment of all conditions precedent, including the approval from the Swedish Competition Authority granted on 30 May 2025.

    The transaction has been completed for a preliminary cash consideration of SEK 158,7 million, on a cash- and debt-free basis, based on an enterprise value of SEK 200 million. The final purchase price remains subject to customary post-closing adjustments, including a review of 21grams’ closing accounts. Of the total consideration, SEK 23,5 million remains in escrow for a term of nine months. In addition, SEK 48,4 million of intercompany receivables between Banqup and the 21grams group entities has been settled as part of this transaction.
    The proceeds will be used to strengthen Banqup’s balance sheet and to further reduce its net financial debt.

    In 2024, 21grams generated total revenue of € 79,4 million with a gross margin of 17,4% and a positive EBITDA of € 1,9 million.  As of 31 December 2024, 21grams employed 76 full-time equivalents across Sweden, Norway, and Denmark. The business will now operate under PostNord Strålfors’ ownership.

    As previously announced, Banqup Group and PostNord Strålfors have signed a strategic partnership agreement to accelerate the rollout of the Banqup platform across the Nordic region. Under the agreement, PostNord Strålfors will act as the exclusive distributor of Banqup in Sweden, Norway, Denmark, and Finland for a period of at least five years and will utilise Banqup’s e-invoicing infrastructure to support its corporate clients in sending e-invoices to destinations outside the Nordics. This partnership is designed to create an interconnected solution, providing broader coverage and more efficient services for clients across and beyond the Nordic region. Both parties are committed to supporting the rollout and development of the Banqup platform and to jointly strengthening the distribution network and customer support services.

    Nicolas de Beco, CEO of Banqup Group, commented: “The completion of the 21grams divestment marks another milestone in our strategic transformation into a pure-play SaaS provider and aligns with our focus on growing core digital services whilst also strengthening our balance sheet. Furthermore, the strategic partnership with PostNord Strålfors will create new opportunities, and we look forward to leveraging their extensive network to accelerate the adoption of our Banqup platform across the Nordic markets. I would like to thank our employees in the Nordics for their contributions to our company over the years.

    Ylva Ekborn, CEO of PostNord Strålfors Group, added: “PostNord Strålfors, a full-service provider in the customer communication market, is enhancing its offerings through the acquisition of 21grams and a strategic partnership with Banqup Group. This collaboration allows us to deliver a significantly wider range of services with a strong Nordic reach. We see PostNord Strålfors and 21grams as a great match to further evolve our offerings within the customer communication management segment, and we will now focus on the integration of 21grams. Additionally, we look forward to getting to know and welcome our new colleagues onboard”.

    Financial Calendar:

    • 26 August 2025: Publication of the H1 2025 results (webcast)
    • 13 November 2025: Publication of the Q3 2025 business update

    Contacts
    Alex Nicoll                                                                                                        Rebecka Mathers
    Investor Relations                                                                                          Communications
    Banqup Group                                                                                                PostNord Strålfors Group
    alex.nicoll@unifiedpost.com                                                                       rebecka.mathers@stralfors.se

    About Banqup Group

    Banqup Group delivers integrated cloud-based SaaS solutions to streamline business transactions across the entire lifecycle, from e-invoicing and e-payments to tax reporting. Banqup, our solution for businesses, unifies purchase-to-pay, order-to-cash, e-invoicing compliance, and e-payments into one secure platform, removing the complexity of juggling disconnected tools. eFaktura World, our solution for governments, is a comprehensive digital platform designed for tax administrations to implement e-invoicing and streamline both B2G and B2B tax reporting flows. To learn more about Banqup Group and our solutions, please visit our website: Unifiedpost Group | Global leaders in digital solutions

    About PostNord Strålfors

    PostNord Strålfors simplifies the communication of invoices and vital business information between companies and their customers and partners. Our omnichannel solution enables companies and organisations to engage with customers, citizens and members through their preferred channels, while our integration solutions automate business processes.

    PostNord Strålfors is a leading actor in customer communication management and a critical part of the Nordic communication infrastructure. It handles over 1 billion transactions annually and generates SEK 2,2 billion in turnover (2024). PostNord Strålfors operates in Sweden, Norway, Denmark and Finland and is part of the PostNord Group, a leading provider of communication and logistics services in the Nordic region. For more information, go to PostNord Strålfors (stralfors.com)

    Cautionary note regarding forward-looking statements: The statements contained herein may include prospects, statements of future expectations, opinions, and other forward-looking statements in relation to the expected future performance of Banqup Group and the markets in which it is active. Such forward-looking statements are based on management’s current views and assumptions regarding future events. By nature, they involve known and unknown risks, uncertainties, and other factors that appear justified at the time at which they are made but may not turn out to be accurate. Actual results, performance or events may, therefore, differ materially from those expressed or implied in such forward-looking statements. Except as required by applicable law, Banqup Group does not undertake any obligation to update, clarify or correct any forward-looking statements contained in this press release in light of new information, future events or otherwise and disclaims any liability in respect hereto. The reader is cautioned not to place undue reliance on forward-looking statements.

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    The MIL Network

  • MIL-OSI Global: UK brands are celebrating Eid – here’s what makes an effective and inclusive campaign

    Source: The Conversation – UK – By Afshan Jalil, PhD Candidate in Consumer Behaviour and Muslim Fashion, University of the West of Scotland

    In the run-up to Eid al-Adha – a major Muslim festival that celebrates the prophet Ibrahim’s devotion and coincides with the end of the annual Hajj pilgrimage to Mecca – UK retailers are joining the celebrations.

    Big brands like Next have launched festive collections of clothing, accessories and gifts, sharing social media messages aimed at Muslim consumers. But while this growing recognition of Eid’s commercial importance reflects a welcome shift, some campaigns still fall flat.

    As a researcher of Muslim fashion and identity in the UK, I study how Muslim consumers express themselves through clothing and how brands respond to their values. Despite a rise in Eid-related marketing, much of it feels superficial or disconnected from the community it targets.

    So, what makes for effective marketing to Muslim consumers during Eid and where do brands go wrong?


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    Muslims account for around 6.5% of the UK population, and their economic impact continues to grow. In 2019, they contributed an estimated £31 billion to the UK economy, a figure that is rising steadily. Eid, like other major holidays such as Christmas or Diwali, drives increased spending on clothes, food, gifts and travel.

    More brands are recognising this potential. From supermarkets offering special Eid meal deals, to fashion retailers launching modest clothing lines, corporate participation is becoming more visible. This is a step forward, signalling acknowledgement of British Muslims as both part of society and valuable customers.

    Why performative marketing fails

    However, visibility alone is not enough. Eid campaigns often lean on cliches, crescent moons, calligraphy or generic Eid Mubarak messages. These may show representation, but do not necessarily demonstrate genuine cultural understanding.

    Consumer culture theory helps explain why. It shows that consumption is not just about buying products, it’s about identity, belonging and self-expression. My ongoing PhD research into Muslim fashion consumption reveals that clothing during Eid is closely tied to how people see themselves: as British, Muslim, and as individuals navigating both identities.

    This is especially true for younger Muslims. Eid is more than a religious event, it’s a chance to express identity through fashion, celebration and community. The choices they make in what to wear and where to shop reflect their values and heritage.

    When brands treat Eid as an afterthought, Muslim consumers notice. Campaigns that feel rushed, last minute, out of touch or simply performative can come across as exploitative rather than inclusive.

    Customers are frequently motivated to express their dissatisfaction with fashion businesses on social media. A brand could face public criticism if it releases new collections without involving Muslim designers, for example. In 2023, fashion retailer PrettyLittleThing also came under fire for an Eid range of clothing deemed inappropriate by many Muslims for modest dressing for women (the company said it didn’t intend to cause offence and celebrated multiple holidays as part of its attempt “to build a community of everybody”).

    Authentic engagement begins with listening

    Successful campaigns are created locally by the community rather than being run by outsiders. Brands that collaborate with Muslim content creators, seek community input and consider Eid’s traditions and significance typically deliver messages that are well received.

    Timing and action matter. Companies which prepare for Eid in advance are more likely to develop effective marketing or successful partnerships. For example, Tesco’s “Everyone’s Welcome” campaign in the UK is well known for its inclusive approach. In 2023 it launched its special Iftar range that could be bought in store and cooked for the special evening meal that marks the end of a day’s fasting during Ramadan.

    Beyond celebrations and festivals, brands that think carefully about what Muslims need, for example in sport, will more likely succeed with their messaging, because they demonstrate an understanding of cultural and identity issues. The Nike campaign featuring a Muslim athlete is frequently praised for presenting an open narrative.

    Brands like Aab and Inaya have a lot of devoted clients since they were created by designers who follow modest fashion. Their success depends more on their trust and cultural awareness than just their products alone.

    Eid al-Adha is a powerful symbol of faith, identity and community that goes beyond just a commercial opportunity. While occasion messages or seasonal messages may seem like respectful gestures, when done without real understanding, they can come across as hollow or insincere marketing. Ultimately, this can harm a brand’s reputation as people may feel disappointed.

    Around Eid al-Adha and Eid Al-Fitr, which marks the end of Ramadan, businesses and brands must go beyond token gestures. Building trust with Muslim communities requires ongoing respect and cultural knowledge, with meaningful engagement throughout the year. Authenticity, not aesthetics, is the key to forming lasting relationships with Muslim customers.

    Afshan Jalil currently serves as the Volunteer Marketing Manager for Hamilton Women Club, a community initiative for Muslim women, associated with Hamilton Mosque, South Lanarkshire UK.

    ref. UK brands are celebrating Eid – here’s what makes an effective and inclusive campaign – https://theconversation.com/uk-brands-are-celebrating-eid-heres-what-makes-an-effective-and-inclusive-campaign-258107

    MIL OSI – Global Reports

  • MIL-OSI Global: How to protect yourself from narcissists’ weapon of choice – passive aggression

    Source: The Conversation – UK – By Daniel Waldeck, Assistant Professor in Psychology, Coventry University

    Nicoleta Ionescu/Shutterstock

    Imagine asking a coworker to help you on a project, and although they agree, they
    suddenly “forget” whenever the deadline approaches. Or a friend saying “you look
    beautiful today, I barely recognised you,” after you show them your new haircut.

    Perhaps you know all too well the feeling of a parent or partner ignoring you following some perceived slight.

    On the surface this behaviour may seem relatively minor. But if it happens often, this could indicate a narcissist is using passive-aggressive behaviour to try and hurt you.

    To protect yourself, it helps to know where a narcissist is coming from.


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    The term “narcissist” can refer to people with high levels of narcissism, not necessarily that they have a clinical diagnosis of narcissistic personality disorder. There are generally two types: grandiose and vulnerable.

    Grandiose narcissists usually view themselves as special and superior to others and are likely to brag about their achievements. Vulnerable narcissists tend to be self-conscious, sensitive to the slightest criticism and have an insatiable need for external appreciation.

    Both can be self-centred and prone to aggression, though passive-aggressive behaviour may be more often used by vulnerable narcissists.

    One explanation for their behaviour could be their motivation to become dominant and gain status. For example, they may feel like belittling their competition strengthens chances of getting a promotion at work. Another reason is that they can be thin-skinned. Any negative evaluation against them, like being left out of a work social event, may trigger a defensive reaction to attack another person to try and maintain their self-esteem.

    They also have a tendency to feel ostracised even when it’s not true. Research has shown that when narcissists are provoked, they tend to respond with aggression. Subtly undermining someone is more deniable than overt ways of expressing their anger and resentment.

    Here are some examples to help you spot when it’s happening:

    • social exclusion – avoiding eye contact, ignoring messages, excluding
      you from their social media account or withholding affection to punish you

    • hostile undertone – making fun of others through jokes, backhanded
      compliments or sending messages that suggest you are at fault while minimising their role in a conflict

    • indirect criticism – sharing embarrassing stories, or trying to undermine you by gossiping to others

    • sabotage – regularly leaving tasks that are their responsibility to
      complete to the last minute, and making it your problem.

    Narcissists can leave you feeling confused and hurt.
    Roman Samborskyi/Shutterstock

    Such behaviour on its own might not be much bother, but being exposed to
    it regularly could cause distress. As an example, repeatedly being socially excluded at work has been linked to emotional exhaustion and reduced wellbeing.

    Research on victims of narcissistic behaviours is limited, perhaps because passive-aggressive behaviour is often hidden. But the research we do have has shown people on the receiving end of narcissistic abuse experience anxiety, depression, low self-worth and a tendency to prioritise others’ needs over their own.

    How you can protect yourself

    Given that narcissists react aggressively to criticism, it’s probably best not to fight fire with fire. The following approaches may help.

    Set clear boundaries. Make it clear you will not tolerate such behaviour. You could say something like: “I noticed you are not responding. I am willing to chat with you when you are ready to talk respectfully.”

    Emotional detachment. Narcissists will probably throw digs or sarcastic comments your way to get a reaction. Once they get a reaction, the cycle escalates. One helpful technique may be “grey rocking”, where you keep your interactions and responses as brief and as uninteresting as possible. When a sarcastic comment is made, you could just say “yep” or “noted”.

    Look after yourself. Prioritise your own needs and your wellbeing. For instance, immerse yourself in hobbies you enjoy or have fun with friends. Try also to make space for reflection so you can avoid internalising their comments. It’s about them, not you.

    Seek support. Reaching out to people you trust or seeking professional support from a counsellor may help to strengthen your resilience. In the context of work, you may reach out to HR if the passive-aggressive behaviour is persistent, but remember to document everything and be factual. This may help minimise a narcissist’s efforts to gaslight you or others.

    Power imbalance

    Not everyone can easily create distance between themselves and that narcissistic person they know. Some people may be living with a narcissist, work with one, or they could be part of their social circle.

    Given that narcissists often crave status, there’s a good chance there may be a power imbalance between you. This can be tricky as you may feel intimidated if they persistently use passive-aggressive behaviour, if they are senior to you at work for instance.

    In this situation, it’s even more important to save important email chains, log conversations and seek support from HR if needed. If there’s a power imbalance with someone outside work, take extra care to set clear boundaries with them.

    Each situation is different, and some things will be beyond your control.

    What you can do though is focus on what’s within your control: your reactions, your wellbeing, and the support systems around you.

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

    ref. How to protect yourself from narcissists’ weapon of choice – passive aggression – https://theconversation.com/how-to-protect-yourself-from-narcissists-weapon-of-choice-passive-aggression-258021

    MIL OSI – Global Reports

  • MIL-OSI Global: The Tories try to blame all their woes on Liz Truss, but Mel Stride’s mea culpa is destined to fall flat

    Source: The Conversation – UK – By Tim Bale, Professor of Politics, Queen Mary University of London

    It’s a mistake to think that, when it comes to the UK economy, the Conservatives have always been seen by British voters as a safer pair of hands than Labour. But, notwithstanding the damaging austerity imposed on the country by David Cameron’s chancellor, George Osborne, it was, by and large, the case between 2008 and 2022. This was a period bookended by the global financial crisis that occurred under Gordon Brown’s watch as Labour chancellor and then prime minister, and by Liz Truss’s disastrous 49-day stint in the top job.

    In reality, people were already beginning to lose faith in the Tories’ economic competence when Truss beat Rishi Sunak in the race to succeed Boris Johnson in Number 10. But she right royally trashed whatever reputation the party still had on that score and, as a result, set it on the road that led to its cataclysmic defeat at the polls last July.

    Another leadership race duly followed that election. But instead of using it as an opportunity both to conduct a thorough postmortem and issue a full-throated apology for the mess they’d made of things across a whole range of domestic policy, the candidates stayed largely in the party’s comfort zone.

    The country’s crumbling public services got hardly a mention, any acknowledgement of their dire state drowned out by discussion of immigration and taxation. The eventual winner, Kemi Badenoch, was apparently convinced that the Conservatives had lost because they “talked right but governed left”.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    Clearly that message doesn’t seem to have persuaded the public. The Tories are now even more unpopular than they were at the general election. They rarely break 20% in the opinion polls and consistently finish behind not just a very poorly-regarded Labour government but a surging Reform UK.

    Cue the decision by Mel Stride, a cabinet minister in Rishi Sunak’s doomed government and now Badenoch’s shadow chancellor, to issue an apology of sorts. This was, however, not an apology for the mess the Conservatives made of the country during 14 (arguably wasted) years in office – but for the month and half in which they were led by Truss.

    Sir Mel (as he is now) was never much of a fan, but he’s now taking public potshots at the former prime minister in a very well trailed speech. Apparently it was only during this short period, when Truss delivered her now legendary “mini-budget” that derailed the economy, that it all went wrong.

    “For a few weeks,” he declared, “we put at risk the very stability which Conservatives had always said must be carefully protected. The credibility of the UK’s economic framework was undermined by spending billions on subsidising energy bills and tax cuts, with no proper plan for how this would be paid for.”

    “Never again,” he continued, “will the Conservative party undermine fiscal credibility by making promises that we cannot afford.” Stride here seemed to be conveniently forgetting that, at least in the judgment of the respected Institute for Fiscal Studies, that was exactly what he and his colleagues did when they presented their manifesto to the country at last year’s general election – long after Truss had departed Downing Street.

    As such, Stride’s speech is unlikely to impress anyone. Rather than a confession of collective guilt and an acknowledgement of a pattern of behaviour stretching over years, it seeks to deflect the blame onto a one-off event and onto one already-derided individual (or maybe two if one includes the man who actually delivered the bungled mini-budget, Kwasi Kwarteng).

    Moreover, such is the presidentialised nature of British politics these days, that, unless a message is delivered by the party leader, it won’t be seen as representing its official position. Nor will it cut through to voters.

    More profoundly, Stride’s “contrition” (the closest he got to actually saying sorry) is meaningless because rather than challenge any of his party’s underlying assumptions, it actually doubles down on them.

    To stand a chance of signalling to a sceptical public that they’ve truly changed, the Tories need to break out of their essentially Thatcherite-cum-culture-warrior comfort zone. But obsessed (and in some ways understandably so) as they are with the potentially existential threat posed to them by Reform UK, that currently seems like a very distant prospect. And therefore, with or without Stride’s mea culpa, so does another Tory government.

    Tim Bale 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. The Tories try to blame all their woes on Liz Truss, but Mel Stride’s mea culpa is destined to fall flat – https://theconversation.com/the-tories-try-to-blame-all-their-woes-on-liz-truss-but-mel-strides-mea-culpa-is-destined-to-fall-flat-258324

    MIL OSI – Global Reports

  • MIL-OSI USA: Richard Dees Appointed Educational Representative at Winpisinger Center

    Source: US GOIAM Union

    International President Brian Bryant has appointed Richard Dees from District 725 as an Educational Representative at the IAM’s William W. Winpisinger Education and Technology Center in Hollywood, MD, effective June 1, 2025.
    “I’m confident in assigning Richard to the Winpisinger Center,” said Bryant. “He brings extensive knowledge and experience to this new role, and will have an immediate impact on advancing the education of our membership.”
    Since 2009, Dees has held positions of increasing responsibility within the union, including Chief Steward, Negotiating Committeeman, and Vice-President for Local 25. In 2014 he was appointed Business Representative for District 725 and in 2016 as its Area Director.
    “Having risen through the ranks of the union to leadership roles at the Local and District levels, Richard brings a deep understanding of the educational needs of our membership, said Winpisinger Director Mary McHugh. “His expertise negotiating contracts and servicing the membership enables him to effectively educate our participants and will compliment the strengths of the other instructors. He’s a perfect fit for the Center.”
    In his capacity as a Business Representative, Dees played an active role in numerous organizing campaigns, contributing to the growth of Local 25 from 5 bargaining units to 20. He has successfully negotiated numerous first contracts under the Service Contract Act and led negotiations for two separate Master Agreements: one that consolidated five bargaining units under a single employer, and another that unified five different companies under one collective bargaining agreement. He has represented a wide range of workers, from janitors to drone pilots.

    The post Richard Dees Appointed Educational Representative at Winpisinger Center appeared first on IAM Union.

    MIL OSI USA News

  • MIL-OSI Security: Louisiana Man Pleads Guilty to $3.8 Million Durable Medical Equipment Fraud Scheme

    Source: United States Attorneys General 1

    A Louisiana man pleaded guilty today in connection with a five-year scheme to submit millions of dollars in fraudulent claims to Medicare for expensive and medically unnecessary medical equipment.

    According to court documents, Michael L. Riggins, 62, of West Monroe, Louisiana, pleaded guilty to one count of conspiracy to commit health care fraud for his role in a durable medical equipment (DME) scheme. Riggins was the owner of Bluewater Healthcare (Bluewater), a DME supply company in West Monroe. From 2018 to 2023, Riggins paid for doctors’ orders for medically unnecessary DME and tricked doctors into signing DME orders and certificates of medical necessity in order to bill for it. Despite receiving hundreds of complaints regarding the fraudulent orders, Riggins submitted over $3.8 million in fraudulent claims to Medicare for supplying the DME and was reimbursed over $1.8 million.

    Riggins is scheduled to be sentenced on Oct. 2 and faces a maximum penalty of 10 years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division; Acting U.S. Attorney Alexander C. Van Hook for the Western District of Louisiana; and Deputy Inspector General for Investigations Christian J. Schrank of the U.S. Department of Health and Human Services, Office of Inspector General (HHS-OIG) made the announcement.

    HHS-OIG is investigating the case.

    Trial Attorneys Samantha Usher and Kelly Z. Walters of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Robin McCoy for the Western District of Louisiana are prosecuting the case.

    The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of nine strike forces operating in 27 federal districts, has charged more than 5,800 defendants who collectively have billed federal health care programs and private insurers more than $30 billion. In addition, the Centers for Medicare & Medicaid Services, working in conjunction with HHS-OIG, are taking steps to hold providers accountable for their involvement in health care fraud schemes. More information can be found at www.justice.gov/criminal-fraud/health-care-fraud-unit. 

    MIL Security OSI

  • MIL-OSI Global: Do people really resemble their dogs?

    Source: The Conversation – Canada – By Renata Roma, Postdoctoral Fellow, Center of Behavioural Sciences and Justice Studies/Pawsitive Connections Lab, University of Saskatchewan

    Although people and their dogs sometimes resemble each other, research suggests that compatibility may be a key element to build a positive relationship with dogs. (Shutterstock)

    Many dog owners wonder whether they share similarities with their dogs, including characteristics like a calm temperament, a sociable personality or even a bit of stubbornness. The idea that people and dogs resemble each other is not just a joke. In fact, some researchers have explored this question.

    As a clinician and researcher who has been studying different aspects of the human–animal bond and works clinically with people grieving the loss of a pet, I understand how meaningful these relationships can be. I am particularly interested in how perceived similarities and emotional connections with dogs can shape the quality of the relationship.

    Understanding what is known so far about the similarities between people and dogs is crucial, as this can reveal whether perceptions of similar physical and personality traits play a role in the quality of the relationship people share with their dogs.

    What researchers says about it

    Research on perceived similarities between people and their dogs aims to understand whether such perceptions are accurate and how they affect the relationship between people and their dogs.

    A recent review synthesizes findings from 15 empirical studies that investigated similarities between dog-human pairs, both in appearance and personality. Regarding personality, the findings suggest that dogs and their guardians may have parallel traits, such as levels of extroversion, anxiety and sociability.

    Looking further, some people seem to choose dogs that physically resemble them, particularly when choosing a purebred dog. Interestingly, there seems to be a link between women’s hair length and their preference for dogs with similar ear length, while short-haired women seem to favour short-eared breeds.

    Another study suggests the similarity between guardians and their dogs may be particularly observed in the eye region. Other studies indicate a positive correlation between owners’ body mass index (BMI) and their dogs’ degree of overweight, possibly related to a shared lifestyle.

    Importantly, many of these studies use questionnaires that the guardians themselves answer. That could lead some people to argue the findings only reflect the perceptions of the guardians.

    However, a group of researchers asked participants who had never met the dog-guardian pairs to match photos of dogs and their guardians based on perceived similarities. Interestingly, the participants were able to correctly match most of the dog-guardian pairs. This finding suggests that similarity may not just be a matter of the guardian’s own perception.

    Comparison to our relationships with people

    But why does this happen? One hypothesis has to do with our evolutionary history, since we also tend to seek like-minded people.

    In evolutionary contexts, being in cohesive and predictable groups increased co-operation and survival. These patterns continue to influence our relationships with others, favouring connections with people who appear to align with our values, behaviours or even physical traits. Apparently, similar mechanisms influence how we relate to dogs.

    Similarities in are also observed for those living with purebred dogs. This might happen because people tend to choose breeds associated with certain behaviours and there is more behavioural predictability and stability in purebred dogs due to standardized breed characteristics.

    Other explanations for personality similarities may be linked to emotional exchanges between people and their dogs, mutual regulation, behavioural reinforcement and learning through observation and imitation.

    For example, people may reinforce certain behaviours in their dogs based on their own preferences or routines, and sometimes this may not even be intentional. At the same time, emotional exchanges between humans and dogs can also shape each other’s emotional states over time.

    More than a scientific curiosity, understanding how perceptions of similarity shape people’s relationships with their dog can help foster more fulfilling relationships for humans and dogs. Such perceptions can lead to greater emotional investment in the bond and may even influence how people interpret and manage challenging behaviours in their dogs. For example, they might be more tolerant of certain behaviours when they identify a similar pattern in themselves.

    On the other hand, while perceived similarities can strengthen the relationship, such perceptions may also shape people’s expectations, leading them to project human-like characteristics onto their dogs, rather than seeing them for who they truly are.

    Beyond similarity: What brings us together

    Even when the personalities of people and their dogs are not alike, they can still match perfectly. Imagine a dog who is playful and energetic, living with someone who may be more reserved or introverted.

    The dog’s energy can encourage the person to be more active, which can lead to healthier habits such as walking or spending time outdoors. Sharing moments of joy, frustration or even sadness with a beloved dog can also provide a sense of companionship and emotional support.

    Although people and their dogs sometimes resemble each other, research suggests that compatibility may be another key element to build a positive relationship with dogs. Factors such as attachment style and aspects of the human’s personality may be equally relevant.

    Also, the sense of similarity is not always immediate and may emerge through co-regulation and mutual reinforcement, similarly to what happens in close human relationships. In this context, compatibility can exist even when people and dogs are not alike.

    Just like in relationships between people, resemblance is not necessarily what holds us together. Although resemblance plays a role, sometimes the most meaningful bonds are not between those who are alike. What seems to matter the most is how well we connect, support each other, embrace potential differences and build mutual understanding.

    Renata Roma 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. Do people really resemble their dogs? – https://theconversation.com/do-people-really-resemble-their-dogs-255088

    MIL OSI – Global Reports

  • MIL-OSI: Introducing Emma: The AI Event Planner from Events in Minutes

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, CA , June 05, 2025 (GLOBE NEWSWIRE) — Events in Minutes, the AI-powered marketplace trusted by PayPal, Google, LinkedIn, Uber, and Meta, today launched Emma, a conversational AI Event Planner that takes the grunt work out of organizing gatherings of any size while keeping the host firmly in control.

    Events in Minutes introduces Emma, AI Event Planner

    How Emma Works

    1. Call +1 (415) 634-4617 and describe the event you have in mind—whether it’s a ten-person workshop or a thousand-person conference.
    2. Emma searches reviews, verifies quality, and checks real-time availability and pricing across a rigorously screened vendor network.
    3. She delivers a concise shortlist (2-4 best options per category) so you make the final calls without drowning in research.
    4. Approve and book through Events in Minutes; contracts, receipts, and messages live in one tidy dashboard.

    Why It Matters

    “Planning an event shouldn’t feel like a second job,” said Hojr Pisheh, Co-Founder & CEO. “Emma handles the scouting, vetting, and scheduling so hosts can focus on creative choices, confident they’re choosing from the best, most reliable vendors.”

    • Any event, big or small: professional planning isn’t just for large budgets anymore.
    • Time saved: Emma replaces hours of Google searches and phone tag with one streamlined conversation.
    • Quality assured: only vendors meeting strict reliability and review thresholds appear on your shortlist.
    • All-in-one checkout: pay once, track everything, skip the paperwork chaos.

    A Market Ripe for Reinvention

    The global events industry tops $1 trillion annually, yet booking remains fragmented and manual. By adding AI automation with a vetted vendor marketplace, Events in Minutes compresses what used to take weeks into a painless, guided workflow.

    About Events in Minutes

    Founded in 2023 and headquartered in San Francisco, Events in Minutes is an AI-native marketplace that makes booking events as easy as ordering take-out. The platform pairs event hosts with top-tier vendors through transparent pricing, real-time availability, and one-click checkout—delivering a delightful planning experience for every occasion.

    Media Contact
    press@eventsinminutes.com
    https://eventsinminutes.com/

    Events in Minutes Introduces Emma, AI Event Planner

    A video accompanying this announcement is available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/803aea67-ddc1-4802-a232-d07fd859f298

    The MIL Network

  • MIL-OSI Economics: Hong Kong (China SAR) card payments market to reach nearly $170 billion in 2025, forecasts GlobalData

    Source: GlobalData

    Hong Kong (China SAR) card payments market to reach nearly $170 billion in 2025, forecasts GlobalData

    Posted in Banking

    The Hong Kong (China SAR) card payments market is forecast to grow by 4.5% to reach HKD1.32 trillion ($168.4 billion) in 2025, supported by a constant consumer shift towards non-cash payments, according to GlobalData, a leading data and analytics company.

    GlobalData’s Payment Cards Analytics reveals that Hong Kong saw a growth of 15.7% in card payments value in 2023, driven by the rise in consumer spending. The market continued its growth trajectory with 7.4% growth to reach HK$1.26 trillion ($161.2 billion) in 2024. However, the current global uncertainty as a result of the latest US tariffs can pose a challenge for Hong Kong’s overall economic growth, resulting in a slowdown in the overall card payments value in 2025.

    Ravi Sharma, Lead Banking and Payments Analyst at GlobalData, comments: “The Hong Kong payment card market is mature, supported by consistent efforts by the government to promote electronic payment methods, the launch of digital-only banks, and the development and expansion of payment acceptance infrastructure. Consumers are now switching from cash purchases in favor of electronic payments. This shift in consumer behavior signals a move away from conventional payment methods like cash to embrace digital alternatives, thereby benefiting card payments.”

    A well-developed payment infrastructure has supported the overall card payments growth, with POS terminal penetration per 1 million individuals standing at 27,252 in 2024, one of the highest in the Asia-Pacific (APAC) region.

    Sharma adds: “The growth of card payments has also been supported by high adoption and usage of contactless cards, supported by strong penetration and awareness of contactless cards among consumers and merchants in Hong Kong. Consumers and financial institutions alike have embraced the technology, with widespread acceptance infrastructure being the major reason why the cards are popular.”

    Rising usage of contactless payments for public transport payments is also contributing to the growth of card payments. In November 2021, Golong International Technology Company entered into a partnership with the French firm Thales to upgrade the payment system for Hong Kong Tramways. This modernized electronic payment system was successfully deployed across all regular passenger trams by June 2023. The system accepts 12 payment methods, including contactless credit cards and QR codes, supplementing the two previously available options: the Octopus card and cash.

    Among the card types, Hong Kong consumers strongly favor credit and charge cards over debit cards. This can be attributed to value-added benefits such as cashback, discounts, reward programs, and instalment payment plans offered by banks and financial institutions. Although debit cards are traditionally preferred for cash withdrawals, they are now increasingly being used for payments as well – especially low-to-medium value transactions.

    Sharma concludes: “Looking ahead, the total card payments market in Hong Kong is expected to continue its upward trajectory, driven by ongoing government initiatives, well-developed payment infrastructure, and a consumer shift towards electronic payments. The market is expected to grow at a CAGR of 5.3% between 2025 and 2029 to reach HKD1.62 trillion ($207.1 billion) in 2029.”

    MIL OSI Economics