Category: Business

  • MIL-OSI China: Trade-in policy drives domestic consumption

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

    Boosted by China’s trade-in program for consumer products, the country saw strong growth in retail sales of cars, home appliances and electronic products in the first five months of this year, indicating steady growth in the overall consumption market, latest data from the Ministry of Commerce showed.

    The trade-in program has driven total retail sales of consumer goods in the country to 1.1 trillion yuan ($152.8 billion) as of Saturday, the ministry said on Sunday.

    China has vowed to implement solid supporting measures to boost domestic consumption. The plan outlines the issuance of ultra-long special treasury bonds totaling 300 billion yuan to bolster the consumer goods trade-in program this year, double the figure in 2024.

    In the first five months of this year, around 175 million units of subsidies were distributed directly to consumers with the trade-in program, according to the ministry.

    “We will continue to expand the scope of the trade-in program and organize diverse consumption promotional events,” said Li Gang, director-general of the ministry’s Department of Market Operation and Consumption Promotion, at an earlier news conference in Beijing.

    “China’s consumption market boasts strong resilience and great potential, and is full of vitality. The basic trend of recovery and improvement remains unchanged for the long term,” Li said.

    Over the five-month period, there were more than 4.12 million applications for car trade-in subsidies. In addition, nearly 50 million consumers purchased home appliances through trade-in activities, and they bought over 77 million units of 12 types of household appliances, the ministry said.

    During the same period, more than 53 million consumers bought 56 million digital products, including mobile phones. Meanwhile, over 6.5 million electric bicycles were traded for new ones, and consumers traded over 57 million home decoration, kitchen and bathroom products for new ones, the ministry said.

    Cui Dongshu, secretary-general of the China Passenger Car Association, said that the trade-in program started earlier this year, and the subsidy policy was well implemented. Different regions have introduced corresponding consumption promotional policies.

    “China’s automobile consumption market began to pick up in March, and the market saw a peak in customers during the May Day holiday,” Cui said.

    In the first four months of this year, new energy vehicles accounted for over 53 percent of the car trade-in activities in the country, according to the association.

    Since the introduction of the trade-in program in early 2024, more than 120 million consumers have used the subsidies, the Commerce Ministry said.

    In the Government Work Report delivered in March, boosting consumption was listed as a top priority among this year’s tasks.

    Denis Cheng, consumer sector leader at Ernst & Young China, said that China’s overall consumption market is expected to show a stable and positive growth trend this year, supported by the government’s favorable policies.

    “The trade-in program has directly created benefits for consumers and enhanced their confidence and willingness to shop. For goods consumption, the trade-in program has continued to be effective, and sales of key commodities such as automobiles, home appliances and home furnishings are improving,” Cheng said.

    He added that further efforts have been made to expand the scope of the program, and it is expected to promote sustained release of the consumption potential of durable goods.

    Xu Dongsheng, deputy president of China Household Electrical Appliances Association, said the introduction of the trade-in policy will continue to encourage consumers to upgrade their home appliances to smarter ones and help drive industrial upgrading.

    Lily Chen, a 35-year-old office worker in Beijing, recently bought a new washing machine and enjoyed a discount of about 2,000 yuan with national subsidies. Benefiting from the trade-in policy, she also got 50 yuan for exchanging the old one, and the retailer took away the old machine.

    MIL OSI China News

  • MIL-Evening Report: What parents and youth athletes can do to protect against abuse in sport

    Source: The Conversation (Au and NZ) – By Fanny Kuhlin, PhD candidate in Sport Management (Sport Science), Örebro University

    Ron Alvey/Shutterstock

    From the horrific Larry Nassar abuse scandal in United States gymnastics to the “environment of fear” some volleyball athletes endured at the Australian Institute of Sport, abuse in sport has been well documented in recent years.

    This abuse in elite sport sport has been particularly visible but it is not just happening at the top level. Abusive and harmful practices are happening in all sports, at all ages and at all competition levels.

    While sport can have many wonderful benefits for young people, it can also have a dark side, one where abuse can flourish, leading to serious psychological and physical harm.

    How can parents ensure their children are safe?




    Read more:
    The 3 changes Australian sport must make after Volleyball Australia’s shocking abuse report


    Abuse in sports

    A 2022 Australian study showed 82% of children had experienced physical, psychological or sexual abuse during their time participating in community sport. This makes the abuse prevalence similar to that found in elite sport environments.

    The line between abuse and acceptable behaviour is blurred more in sport than in many other environments.

    For example, in school, it would be unacceptable for a teacher to scream at a child who performed poorly on a test but in sports, screaming is a commonly used strategy by a coach to correct a young athlete’s behaviour.

    Research from earlier this year shows athletes often justify the behaviours of their coaches.

    The following quote from an elite-level gymnast in an ongoing research project demonstrates how athletes often learn to accept abusive behaviours as necessary for their performance:

    (He) was a strict coach. He spoke loudly […] but I’m a gymnast, I need that. I don’t know if everybody needs that but if I did something really bad, he screamed at me and this kind of gave me motivation to push myself more, so for me this type of coaching style was really good.

    Challenges and changes

    The “win-at-all-costs” mentality in many sports is also problematic.

    When winning is everything, abusive practices are not seen as a problem to be stamped out but rather as legitimate strategies to motivate and toughen up the participants.

    Athletes are not the only ones who normalise these practices. Parents, coaches and administrators might also come to tolerate, accept or even celebrate abusive behaviours and cultures as a “natural” part of sport.

    This means experiences of abuse may flourish in such environments.

    Thankfully, some sports organisations have in recent years made significant changes to reduce the likelihood of abuse and deal with cases as soon as they arise.

    Sport Integrity Australia (SIA), for example, is implementing national policies for safeguarding and whistleblowing, where abuse and harmful behaviour can be reported.

    SIA has also recently co-developed a course with other leading sport agencies to help coaches working with young athletes better navigate the complexities of physical, emotional and psychological development.

    While these are potentially steps in the right direction, researchers have pointed out that similar efforts have achieved mixed results and there are no guarantees of athlete safety.

    Parents may therefore rightly ask what they might do to protect their child(ren) from abuse and maximise the positive gains from participating in sport.

    Tips for parents and caregivers

    Firstly, parents and caregivers have the right to be included in their childrens’ sporting participation.

    This involves being informed about training times and competition schedules, training content, coaching style and behavioural expectations.

    Parents should also be welcomed to watch their children’s training sessions at any time and unannounced.

    Denying parents information or access to facilities have been identified as a potential risk factors.

    The right for inclusion also refers to decision-making. Sport is often hierarchical with authoritarian leadership styles, which are significant risk factors for abuse in sports.

    So it is important children and their parents are provided with spaces and opportunities to have a say in matters related to their (child’s) sporting participation.

    Secondly, young athletes and their parents/caregivers should be made aware of the policies and safety measures put in place to keep children safe.

    If these are not clearly communicated, parents/caregivers are encouraged to ask what actions a club has put in place.

    If protection and prevention are not developed, or considered limited or ineffective, parents are recommended to raise their concerns.

    Lastly, parents should be conscious of the “win-at-all-costs” mentality found in many sports and consider how this can lead to abusive practices being accepted as a “natural” part of sport.

    By staying informed, involved and attentive, parents can play a powerful role in supporting safer sporting environments for all children.

    Natalie Barker-Ruchti is affiliated with Safesport Sweden.

    Fanny Kuhlin, Jessica Lee, and Steven Rynne 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. What parents and youth athletes can do to protect against abuse in sport – https://theconversation.com/what-parents-and-youth-athletes-can-do-to-protect-against-abuse-in-sport-255614

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Google’s SynthID is the latest tool for catching AI-made content. What is AI ‘watermarking’ and does it work?

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

    HomeArt/Shutterstock

    Last month, Google announced SynthID Detector, a new tool to detect AI-generated content. Google claims it can identify AI-generated content in text, image, video or audio.

    But there are some caveats. One of them is that the tool is currently only available to “early testers” through a waitlist.

    The main catch is that SynthID primarily works for content that’s been generated using a Google AI service – such as Gemini for text, Veo for video, Imagen for images, or Lyria for audio.

    If you try to use Google’s AI detector tool to see if something you’ve generated using ChatGPT is flagged, it won’t work.

    That’s because, strictly speaking, the tool can’t detect the presence of AI-generated content or distinguish it from other kinds of content. Instead, it detects the presence of a “watermark” that Google’s AI products (and a couple of others) embed in their output through the use of SynthID.

    A watermark is a special machine-readable element embedded in an image, video, sound or text. Digital watermarks have been used to ensure that information about the origins or authorship of content travels with it. They have been used to assert authorship in creative works and address misinformation challenges in the media.

    SynthID embeds watermarks in the output from AI models. The watermarks are not visible to readers or audiences, but can be used by other tools to identify content that was made or edited using an AI model with SynthID on board.

    SynthID is among the latest of many such efforts. But how effective are they?

    There’s no unified AI detection system

    Several AI companies, including Meta, have developed their own watermarking tools and detectors, similar to SynthID. But these are “model specific” solutions, not universal ones.

    This means users have to juggle multiple tools to verify content. Despite researchers calling for a unified system, and major players like Google seeking to have their tool adopted by others, the landscape remains fragmented.

    A parallel effort focuses on metadata – encoded information about the origin, authorship and edit history of media. For example, the Content Credentials inspect tool allows users to verify media by checking the edit history attached to the content.

    However, metadata can be easily stripped when content is uploaded to social media or converted into a different file format. This is particularly problematic if someone has deliberately tried to obscure the origin and authorship of a piece of content.

    There are detectors that rely on forensic cues, such as visual inconsistencies or lighting anomalies. While some of these tools are automated, many depend on human judgement and common sense methods, like counting the number of fingers in AI-generated images. These methods may become redundant as AI model performance improves.

    Logical inconsistencies, such as extra fingers, are some of the visual ‘tells’ of the current era of AI-generated imagery.
    T J Thomson, CC BY-NC

    How effective are AI detection tools?

    Overall, AI detection tools can vary dramatically in their effectiveness. Some work better when the content is entirely AI-generated, such as when an entire essay has been generated from scratch by a chatbot.

    The situation becomes murkier when AI is used to edit or transform human-created content. In such cases, AI detectors can get it badly wrong. They can fail to detect AI or flag human-created content as AI-generated.

    AI detection tools don’t often explain how they arrived at their decision, which adds to the confusion. When used for plagiarism detection in university assessment, they are considered an “ethical minefield” and are known to discriminate against non-native English speakers.




    Read more:
    Can you spot the AI impostors? We found AI faces can look more real than actual humans


    Where AI detection tools can help

    A wide variety of use cases exist for AI detection tools. Take insurance claims, for example. Knowing whether the image a client shares depicts what it claims to depict can help insurers know how to respond.

    Journalists and fact checkers might draw on AI detectors, in addition to their other approaches, when trying to decide if potentially newsworthy information ought to be shared further.

    Employers and job applicants alike increasingly need to assess whether the person on the other side of the recruiting process is genuine or an AI fake.

    Users of dating apps need to know whether the profile of the person they’ve met online represents a real romantic prospect, or an AI avatar, perhaps fronting a romance scam.

    If you’re an emergency responder deciding whether to send help to a call, confidently knowing whether the caller is human or AI can save resources and lives.

    Where to from here?

    As these examples show, the challenges of authenticity are now happening in real time, and static tools like watermarking are unlikely to be enough. AI detectors that work on audio and video in real time are a pressing area of development.

    Whatever the scenario, it is unlikely that judgements about authenticity can ever be fully delegated to a single tool.

    Understanding the way such tools work, including their limitations, is an important first step. Triangulating these with other information and your own contextual knowledge will remain essential.

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

    Elif Buse Doyuran receives funding from the Australian Research Council. She is a research fellow at the ARC Centre of Excellence for Automated Decision Making and Society.

    Jean Burgess receives funding from the Australian Research Council including the ARC Centre of Excellence for Automated Decision-Making and Society (ADM+S), and from the Canadian Social Sciences and Humanities Council.

    ref. Google’s SynthID is the latest tool for catching AI-made content. What is AI ‘watermarking’ and does it work? – https://theconversation.com/googles-synthid-is-the-latest-tool-for-catching-ai-made-content-what-is-ai-watermarking-and-does-it-work-257637

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Africa: SA moves to strengthen tobacco control 

    Source: South Africa News Agency

    Through the proposed Tobacco Products and Electronic Delivery Systems Control Bill, South Africa is actively working to combat tobacco use, including e-cigarettes and hookahs which are also known as “hubbly bubblies.”

    This is according to the Deputy Health Minister, Dr Joe Phaahla, who was delivering a keynote address to commemorate World No Tobacco Day in Midrand, Johannesburg.

    “We want to make sure we regulate these upcoming products because currently they’re not covered. That is, e-cigarettes and the ‘hubbly bubblies.’ We want to make sure they are properly regulated because currently they are everywhere,” Phaahla said on Monday. 

    He informed the attendees that the proposed Bill seeks to implement significant changes to tobacco regulation.
    These changes include the introduction of plain packaging, the expansion of smoke-free zones, stricter controls on emerging tobacco products, regulation of e-cigarettes, and enhanced support for tobacco cessation programs.

    “Every life lost through tobacco is preventable. We don’t need it in our bodies. Nicotine doesn’t add any value,” Phaahla stressed, calling for a united effort from government, civil society, and media to combat tobacco use.  

    According to the World Health Organisation (WHO), tobacco use remains one of the leading causes of preventable death and disease globally, responsible for over eight million deaths each year, including more than one million from second-hand smoke exposure.

    World No Tobacco Day is an annual event that raises awareness about the dangers of tobacco use, the practices of tobacco companies, and the efforts of the WHO to combat the tobacco epidemic. 

    READ | Deputy Minister to lead World No Tobacco Day discussions

    It also encourages people worldwide to assert their right to health and healthy living, while advocating for the protection of future generations.

    Phaahla stated that the Cessation Support Bill, also known as the Tobacco Control Bill, aims to enhance support for users trying to quit and improve their health.

    However, the Deputy Minister underscored the tobacco industry’s aggressive attempts to undermine the legislation. 
    He noted that some individuals sponsored by the industry, have actively opposed the Bill during public hearings.

    “Of course, throughout the public hearings, the industry has been spending huge amounts of money, you know, sponsoring people to go to the public hearings. And that’s how powerful this industry can be.

    “They’ve also had their own special people who were some of the medical practitioners who have been sponsored to do this, to promote these products as a form of harm reduction, and that our Bill is ignoring these products as part of the package of harm reduction. But we already know that’s not the case.”

    The bill is expected to proceed to Parliament, with government confident that it will pass despite industry pushback.

    “We want to assure you that we value your contribution and are confident that this bill will ultimately pass in Parliament despite the efforts of the industry to mobilise even very passionate Members of Parliament …at every turn to find the loophole.”

    Meanwhile, the Deputy Minister has thrown his weight behind the Chairperson of the Health Portfolio Committee, Dr Sibongiseni Dhlomo.

    “We have a very strong team … led by the Chairperson of the committee, a former colleague in the previous administration, as the Deputy Minister, now chair of the committee. Dr Dhlomo is leading from the front for the team there. So, we’re quite confident that we’ll succeed.” – SAnews.gov.za
     

    MIL OSI Africa

  • MIL-OSI USA: Rosen Returns from Visit to Israel, West Bank, Jordan, Iraq focused on Strengthening Regional Stability

    US Senate News:

    Source: United States Senator Jacky Rosen (D-NV)

    WASHINGTON, DC – Last week, U.S. Senator Jacky Rosen (D-NV), ranking member of the Senate Foreign Relations Committee’s Subcommittee on Near East, South Asia, Central Asia, & Counterterrorism, and a member of the Senate Armed Services Committee, visited Israel, the West Bank, Jordan, and Iraq to meet with heads of state and government leaders to discuss ways to increase stability throughout the region. During her visit to the region, Senator Rosen advocated for increased regional security, strengthening of the Abraham Accords, development and humanitarian partnerships with the U.S., and ways to counter Iranian aggression. While in Israel, Senator Rosen paid her respects at the sites where Hamas attacked innocent men, women, and children on October 7, 2023, including the site of the Nova Musical Festival, Kibbutz Nir Oz, and a military outpost near the Gaza border.
    While in the Middle East, Senator Rosen met with deployed U.S. servicemembers, including Nevadans, to express her gratitude for their service and discuss how she can best support them in Congress.

    “As Iran continues its destabilizing efforts in the Middle East, it couldn’t be more important to strengthen long-lasting relationships with our allies and partners in the region at this moment,” said Senator Rosen. “I had very productive meetings with heads of state and government officials in Israel, the West Bank, Jordan, and Iraq to discuss ways the United States can work with them to increase stability, combat Iranian aggression, strengthen partnerships with the U.S., and foster regional cooperation.”
    In visiting these countries, Senator Rosen had meetings with government officials, including:

    ISRAEL: Prime Minister Benjamin Netanyahu, President Isaac Herzog, Foreign Minister Gideon Sa’ar, and Opposition Leader Yair Lapid to discuss reinforcing and strengthening the U.S.-Israel relationship, the war in Gaza and freeing the hostages, rising antisemitism, and regional security. 
    WEST BANK: Prime Minister of the Palestine Liberation Organization (PLO) Mohammad Abdullah Mohammad Mustafa, and Vice President of the PLO Hussein Al-Sheikh to discuss economic, governance, and prisoner payment reforms.
    JORDAN: His Majesty King Abdullah II bin Al Hussein, Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Safadi, Minister of Planning and International Cooperation Zeina Toukan, and Director of the General Intelligence Department Maj. Gen. Ahmad Husni to discuss combating terrorism and pursuing peace and security in the Middle East.
    IRAQ: Government of Iraq (GOI) meetings included Prime Minister Mohammed Shiaa al-Sudani, Minister of Migration and Displacement Evan Faeq Jabro, and Foreign Minister Fuad Hussein to discuss U.S.-Iraq priorities in the fight against ISIS and other security threats, economic development, displaced persons, and countering Iran. Senator Rosen also met with Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani and KRG Deputy Prime Minister Qubad Talabani on maintaining U.S. security partnerships, regional developments, and improving relations between the KRG and GOI.  

    MIL OSI USA News

  • MIL-OSI Australia: Average retail petrol prices edge higher in the March quarter on the back of a lower Australian dollar

    Source: Australian Ministers for Regional Development

    Retail petrol prices across Australia’s five largest cities moved higher in the March quarter 2025, according to the ACCC’s latest quarterly petrol monitoring report.

    In the March quarter 2025, average retail petrol prices across the five largest cities (Sydney, Melbourne, Brisbane, Adelaide and Perth) were 182.2 cents per litre (cpl), an increase of 2.4 cpl from the previous quarter.

    Click to enlarge

    Quarterly average retail prices were higher in Sydney, Brisbane and Perth and only marginally lower in Melbourne (by 0.7 cpl) and Adelaide (by 0.4 cpl).

    A lower AUD-USD exchange rate was the main contributor to higher average retail prices

    Higher retail petrol prices on average largely reflected the impact of a lower AUD-USD exchange rate, which makes the international cost of refined petrol relatively more expensive in Australian dollar terms.

    In the March quarter 2025, the AUD-USD exchange rate averaged US 62.7 cents, which was the lowest quarterly average AUD-USD exchange rate in more than 20 years.

    The international price of refined petrol (Mogas 95) is traded in US dollars in global markets and made up the largest component of average retail petrol prices.

    The following figure shows the impact of changes in various components on average retail petrol prices across the five largest cities between the December quarter 2024 and the March quarter 2025.

    Components of average retail petrol prices across the five largest cities – Australian cpl

    Source: ACCC calculations based on data from Informed Sources, Argus Media, Ampol, bp, Mobil, Viva Energy, FuelWatch, the Reserve Bank of Australia and the Australian Taxation Office.
    Notes:  cents per litre change from the previous quarter)
    Excise and wholesale goods and services tax (66.0 cpl) excludes a component of retail goods and services tax (1.3 cpl) in the above chart. This is for consistency in reporting gross indicative retail difference figures throughout this report, which include a small component of goods and services tax. Total excise and goods and services tax for both wholesale and retail (67.3 cpl) is shown in the petrol bowser in the ‘March quarter 2025 – Petrol snapshot’.

    If the quarterly average AUD–USD exchange rate had remained the same, Mogas 95 prices would have decreased by 0.5 cpl in the quarter. Instead, the lower AUD–USD exchange rate meant that average Mogas 95 prices increased by 2.9 cpl in Australian dollar terms.

    “The lower AUD-USD exchange rate meant that consumers paid higher prices on average at the bowser in the most recent quarter,” Commissioner Anna Brakey said.

    Other components of retail prices include taxes, wholesale costs and margins, and retail costs and margins (represented by gross indicative retail differences). Gross indicative retail differences are a broad indicator of gross retail margins and include both retail operating costs and retail profits.

    Petrol gross indicative retail differences were 14.4 cpl across the five largest cities in the quarter, a decrease of 2.8 cpl from the previous quarter. They varied between the five largest cities, and were lowest in Adelaide (7.6 cpl) and highest in Brisbane (24.2 cpl).

    Average retail petrol prices were higher in the smaller capital cities and on average across the regions

    In Canberra, Hobart and Darwin quarterly average retail petrol prices were also higher from the previous quarter. Quarterly average retail petrol prices in Canberra were the highest among the eight capital cities.

    Across 190 regional locations that the ACCC monitors, average retail petrol prices across regional locations (in aggregate) were 184.3 cpl, an increase of 4.8 cpl from the previous quarter. On average, regional retail prices across all locations were 2.1 cpl higher than prices across the five largest cities (182.2 cpl).

    “We continue to encourage consumers to use information available through fuel price apps and websites to find lower priced retailers and save money where possible,” Ms Brakey said.

    “Fuel price transparency schemes collect price data for display on fuel price apps and websites. In January, the Victorian Government announced a price transparency scheme to be phased in over 2025, which would then mean every jurisdiction in Australia is covered by one of these schemes.”

    After initial uptick, international crude oil prices then trended downward in the quarter

    International prices for refined petrol (Mogas 95) are largely driven by international crude oil prices. In the March quarter 2025, after an initial increase, crude oil prices largely trended downward.

    This downward trend was influenced by international factors, including concerns of lower demand stemming from the United States’ plans for higher tariffs, the potential for Russian oil supply to re-enter the market as part of a peace deal with Ukraine, and several OPEC countries increasing supply.

    Diesel prices were higher in all capital cities for the first time in four consecutive quarters

    Quarterly average retail diesel prices increased in all eight capital cities. Across the five largest cities, quarterly average retail diesel prices were 186.9 cpl, an increase of 9.8 cpl from the previous quarter. Retail diesel prices generally followed international diesel benchmark prices, which accounted for the largest component of retail diesel prices.

    The higher quarterly prices followed four consecutive quarters of decline, from the December quarter 2023 to the December quarter 2024.

    Note to editors

    ‘Petrol’ means regular unleaded petrol unless otherwise specified.

    Price changes are reported in nominal terms unless otherwise specified.

    Singapore Mogas 95 Unleaded (Mogas 95) is the relevant international benchmark for the wholesale price of petrol in Australia. Singapore Gasoil with 10 parts per million sulphur content (Gasoil 10 ppm) is the international benchmark for the wholesale price of diesel.

    Background

    The ACCC has been monitoring retail prices in all capital cities and over 190 regional locations across Australia since 2007.

    On 14 December 2022, the Treasurer issued a direction to the ACCC to continue to monitor the prices, costs and profits relating to the supply of petroleum products in the petroleum industry in Australia and produce a report every quarter for a further three years.

    MIL OSI News

  • MIL-OSI New Zealand: Man nabbed on North Shore

    Source: New Zealand Police

    A man is facing at least 18 charges after a string of alleged offending across the North Shore area in recent months.

    Waitematā East Police caught up with the man and he is custody until his next court date later in June.

    Businesses and commuters have been the alleged targets of the man’s spree, including a defibrillator worth thousands of dollars from one Takapuna business.

    Area Commander Inspector Stefan Sagar says staff have been piecing together a series of burglaries and shoplifting offences.

    “Thanks to this collation the man was deemed a priority to target and locate, and Police arrested him near the Takapuna area late last week,” he says.

    “Other alleged offending includes the theft of scooters from Park and Rides at Constellation and Sunnynook.

    “We have laid 18 charges against this man including burglary, unlawful takes, theft and trespass.”

    A 42-year-old man appeared in the North Shore District Court in late May.

    “Police are continuing to target and hold offending to account and in this case, there was ongoing harm being inflicted,” Inspector Sagar says.

    “The man has been remanded in custody and is not currently in the community.”

    ENDS.

    Jarred Williamson/NZ Police

    MIL OSI New Zealand News

  • MIL-OSI Security: Clovis CPA Sentenced to Prison for Stealing Over $800,000 from a Bank

    Source: Office of United States Attorneys

    Kenneth Gould, 69, formerly of Clovis, was sentenced to one year in prison for stealing more than $800,000 from a bank, Acting U.S. Attorney Michele Beckwith announced today.

    According to court records, Gould was a CPA and operated a payroll services company in Clovis. From October 2017 through March 2018, he initiated several fraudulent electronic payments from one of his clients’ accounts to his payroll company’s account at the bank. While the payments were pending, the bank credited significant portions of the funds to Gould’s account. Gould then quickly withdrew those funds in cashier’s checks. The bank later realized that there were insufficient funds to cover the payments, denied the payments, and attempted to recover its money. But it was too late. Approximately $830,000 of the credited funds was already gone.

    Gould gave the stolen money to the client from whose account he initiated the fraudulent payments because he had loaned that individual money and was hopeful that the individual would one day pay him back. The client then gambled the money away.

    This case was the product of an investigation by the Federal Bureau of Investigation. Assistant U.S. Attorney Joseph Barton prosecuted the case.

    MIL Security OSI

  • MIL-OSI USA: Alaska Delegation Welcomes Interior Process to Rescind Unlawful NPR-A Rule

    US Senate News:

    Source: United States Senator for Alaska Dan Sullivan
    06.02.25
    Anchorage, Alaska—U.S. Senators Lisa Murkowski and Dan Sullivan and Representative Nick Begich (all R-Alaska) today welcomed an announcement from the Department of the Interior (DOI) that it will initiate a public process to rescind an unlawful 2024 rule that restricts responsible oil and gas development in the National Petroleum Reserve-Alaska (NPR-A).
    DOI made the announcement after officials conducted “a thorough legal and policy review” that determined the 2024 rule “exceeds [the Bureau of Land Management’s] statutory authority under the Naval Petroleum Reserves Production Act of 1976, conflicts with the Act’s purpose, and imposes unnecessary barriers to responsible energy development in the National Petroleum Reserve in Alaska.”
    “I thank Secretary Burgum for listening to Alaskans and recognizing the explicit legal purpose of our petroleum reserve. This is a victory not only for those who support responsible development, but also those who believe in the rule of law,” Senator Murkowski said. “The 2024 management rule clearly violated the law, establishing restrictions and a presumption against development as part of the last administration’s effort to turn the North Slope into one giant tract of federal wilderness. Repealing the rule will not weaken our world-class environmental standards, but it will enable Alaska to produce more energy as Congress intended. The result will be good jobs for Alaskans, more affordable energy for America, and significant new revenues for government.”
    “Last night at a town hall in Utqiagvik, Secretary Burgum announced that the Interior Department will rescind the Biden administration’s illegal rule that tried to turn vast swaths of NPR-A into de facto ‘wilderness,’” said Senator Sullivan. “The announcement was roundly met with cheers from Alaskans of the North Slope, who understand better than anyone the proper balance between responsible oil production and the subsistence way of life they cherish. Responsible resource development has transformed the lives of the Iñupiat people, supporting the construction of clinics, gymnasiums, water infrastructure—basic amenities most Americans take for granted. Thank you, Secretary Burgum, for respecting the voices of Alaskans, for standing up for the self-determination of the Iñupiat people, and for sharing this important announcement among the people who will most benefit from it.”
    “This decision is a major victory for Alaska and for every American who believes in energy independence and the rule of law,” said Congressman Begich. “The 2024 restrictions in the NPR-A were imposed with no serious consideration provided to those who work and live in the region and in clear violation of the law – hindering Alaska’s right to responsibly develop our resources. I will continue to work closely with the Trump Administration to ensure Alaska has the opportunity for responsible resource development across the North Slope. There is no question that the road to American prosperity begins in Alaska with our abundance of critical resources, and I am grateful to President Trump and Secretary Burgum for their leadership in restoring our right to shape Alaska’s energy future by rolling back this restrictive Biden-era policy in the NPR-A.”
    “Congress was clear: the National Petroleum Reserve in Alaska was set aside to support America’s energy security through responsible development,” Secretary of the Interior Doug Burgum said. “The 2024 rule ignored that mandate, prioritizing obstruction over production and undermining our ability to harness domestic resources at a time when American energy independence has never been more critical. We’re restoring the balance and putting our energy future back on track.”
    The NPR-A spans roughly 23 million acres in northwest Alaska. Congress specifically set the area aside for responsible oil and gas development, directing DOI, through the Bureau of Land Management (BLM), to conduct an “expeditious program of competitive leasing of oil and gas.” Instead of following that directive, the Biden administration refused to hold a single lease sale in the petroleum reserve while repeatedly moving to reduce access, delaying project approvals, and layering on new restrictions to prevent future development. 
    Alaska’s congressional delegation has opposed the NPR-A management rule on a bipartisan basis from the start. The delegation sent a letter to Interior opposing the proposed rule in March 2024 and spent months making a public case against it. Interior ignored the delegation—and refused to engage in proper consultation with North Slope leaders who similarly opposed the rule—instead plowing forward on a rushed timeline that one former official openly admitted was to avoid the Congressional Review Act. As Interior finalized the rule, multiple companies asked BLM to suspend more than one million acres of leases they held within the NPR-A.
    According to DOI, “Under the proposed rule rescission, the BLM would revert to the regulations that were in place prior to May 7, 2024, which have long guided responsible development in the National Petroleum Reserve in Alaska while incorporating protections for wildlife, subsistence and surface values through the Integrated Activity Plan process.” A 60-day public comment period will begin when the proposal prints in the Federal Register.
    More information is available here.

    MIL OSI USA News

  • MIL-OSI New Zealand: Views sought on new Building Product Specifications

    Source: Ministry of Business Innovation and Employment (MBIE)

    Dr Dave Gittings, Manager, Building Performance and Engineering, said: “This new document streamlines the process for those looking to use proven and tested overseas products, knowing they will be accepted through the consenting system.”

    “The draft Building Product Specifications document released today contains specifications and overseas standards that can be used to demonstrate compliance with the Building Code. 

    “Designers will be able to use overseas products that comply with any one of these standards and specifications to show the building work meets overall Building Code requirements.

    “Today we are releasing the proposed first version of this document which contains specifications and standards for products that we already know and use, such as windows, plasterboard and cladding. 

    “We will be rolling out further updates to this document over time, as well as developing other pathways for recognising overseas products.

    “We think there’ll be a lot of interest in the changes – from councils who will be using the Building Product Specifications when assessing compliance – to designers, builders and developers keen to understand what other options are out there, and I’d like to encourage everyone to have their say.”

    Find out more and have your say:
    Give feedback on the Building Product Specifications

    MIL OSI New Zealand News

  • MIL-OSI: $HAREHOLDER INVESTIGATION: The M&A Class Action Firm Is Investigating the Merger: SSBK, LNSR, iCAD and BSGM

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) —

    Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

    • Southern States Bancshares, Inc. (NASDAQ: SSBK), relating to the proposed merger with FB Financial Corporation. Under the terms of the agreement, Southern States’ shareholders will receive 0.800 shares of FB Financial common stock for each share of Southern States stock.

    ACT NOW. The Shareholder Vote is scheduled for June 26, 2025.

    Click here for more https://monteverdelaw.com/case/southern-states-bancshares-inc-ssbk/. It is free and there is no cost or obligation to you.

    • LENSAR, Inc. (NASDAQ: LNSR), relating to the proposed merger with Alcon. Under the terms of the agreement, LENSAR shareholders will receive $14.00 per share, with an additional non-tradeable contingent value right offering up to $2.75 per share in cash conditioned on the achievement of certain milestones.

    ACT NOW. The Shareholder Vote is scheduled for July 2, 2025.        

    Click here for more https://monteverdelaw.com/case/lensar-inc-lnsr/. It is free and there is no cost or obligation to you.

    • iCAD, Inc. (NASDAQ: ICAD), relating to the proposed merger with RadNet, Inc. Under the terms of the agreement, iCAD stockholders will receive 0.0677 shares of RadNet common stock for each share of iCAD common stock held at the closing of the merger.

    ACT NOW. The Shareholder Vote is scheduled for July 14, 2025.     

    Click here for more https://monteverdelaw.com/case/icad-inc-icad/. It is free and there is no cost or obligation to you.

    • BioSig Technologies, Inc. (NASDAQ: BSGM), relating to the proposed Merger with Streamex Exchange Corporation, pursuant to the Share Purchase Agreement, the Company, through ExchangeCo, will acquire all of the issued and outstanding shares of Streamex (the “Purchased Shares”) from the Shareholders.

    Click here for more info https://monteverdelaw.com/case/biosig-technologies-inc/. It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No company, director or officer is above the law. If you own common stock in any of the above listed companies and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network

  • MIL-OSI: $HAREHOLDER ALERT: The M&A Class Action Firm Is Investigating The Merger – PRA, AXL, SWTX and VIGL

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) —

    Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

    • ProAssurance Corporation (NYSE: PRA), relating to the proposed merger with The Doctors Company. Under the terms of the agreement, ProAssurance stockholders will receive $25.00 per share in cash.

    ACT NOW. The Shareholder Vote is scheduled for June 24, 2025.

    Click here for more https://monteverdelaw.com/case/proassurance-corporation-pra/. It is free and there is no cost or obligation to you.

    • American Axle & Manufacturing Holdings, Inc. (NYSE: AXL), relating to the proposed merger with Dowlais Group plc. Under the terms of the agreement, Dowlais shareholders will be entitled to receive, per share of Dowlais’ common stock, 0.0863 shares of new AAM common stock, 42 pence per share in cash and up to a 2.8 pence of Dowlais FY24 final dividend prior to closing.

    Click here for more https://monteverdelaw.com/case/american-axle-manufacturing-holdings-inc-axl/. It is free and there is no cost or obligation to you.

    • SpringWorks Therapeutics, Inc. (NASDAQ: SWTX), relating to the proposed merger with Merck KGaA, Darmstadt, Germany. Under the terms of the agreement, SpringWorks shareholders will have the right to receive $47.00 in cash per share of SpringWorks stock held.

    Click here for more https://monteverdelaw.com/case/springworks-therapeutics-inc-swtx/. It is free and there is no cost or obligation to you.

    • Vigil Neuroscience, Inc. (NASDAQ: VIGL), relating to the proposed merger with French company, Sanofi. Under the terms of the agreement, Sanofi will acquire Vigil for an upfront payment of $8.00 per share of common stock in cash. Vigil shareholders will also receive a non-tradeable contingent value right entitling the holder to potentially receive an additional $2.00 per share in cash payable following the first commercial sale of VG-3927 if achieved within a specific period. The total equity value of the transaction, including the potential CVR payment, represents approximately $600 million on a fully diluted basis.

    Click here for more https://monteverdelaw.com/case/vigil-neuroscience-inc-vigl/. It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.

    No company, director or officer is above the law. If you own common stock in any of the above listed companies and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network

  • MIL-OSI United Kingdom: Government protects thousands of miles of bus services from being scrapped

    Source: United Kingdom – Executive Government & Departments

    Press release

    Government protects thousands of miles of bus services from being scrapped

    Bus Services Bill will give local leaders the power to shape the bus services their communities rely on.

    • bus passengers across the UK – particularly the vulnerable – will be protected from sudden cuts to their services thanks to the Bus Services Bill, which has passed its second reading
    • Local Transport Minister visits Blackpool, seeing first-hand how locally controlled bus routes are restoring trust in public transport
    • empowering local leaders, government invests recent record £1 billion to improve bus services and drive up living standards by delivering the Plan for Change

    Thousands of bus passengers who rely on vital routes to get to work, school or the doctors will be protected from sudden and uninformed cuts to services thanks to the government’s Bus Services Bill.

    In a move that will protect thousands of miles of vital bus routes, the Bus Services Bill will end the plight of bus routes being scrapped at short notice, tightening requirements for cancelling vital bus routes – especially those used by vulnerable or disadvantaged passengers.

    Councils will identify socially necessary local services, and working with bus operators, put in place strict requirements before these services can be changed or cancelled.

    As the Bus Services Bill reached its second reading in the House of Commons yesterday (2 June 2025), the Transport Secretary called for greater accountability and reliability for bus services. MPs have also begun to have their say on proposals to protect vital services and empower local authorities to make the decisions that will benefit their communities.

    The bill, which has already passed through the House of Lords, will improve access to opportunities that drive up living standards and so grow the economy, as part of the Plan for Change.

    Buses remain the most used form of public transport across England, but approximately 300 million miles of bus services operating outside London were slashed from 2010 to 2024, with passengers left frustrated at the lack of accountability. 

    MPs also debated how the bill will allow local authorities to emulate the success of locally controlled bus networks.

    To mark the milestone, the Local Transport Minister, Simon Lightwood, visited Blackpool last week to hear first-hand from passengers how the locally controlled Blackpool Transport buses have put their needs first to deliver services that allow them to access jobs and social opportunities that drive up their quality of life.  

    Transport Secretary, Heidi Alexander, said:  

    We’re committed to giving local leaders the power to shape the bus services their communities rely on. Our Bus Services Bill is a big step forward, protecting vital services that people depend on to get to work, school, or essential appointments.

    We have taken a decisive step towards better buses, building on our £1 billion investment to improve and maintain bus services, keeping people connected, driving up living standards and growing the economy in line with our Plan for Change.

    The plans will lift the ban on local authorities establishing their own bus companies, making it easier for them to control services and shape routes to work better for local people. 

    As part of this, the government will also reduce some of the complexities and red tape involved in bus franchising, including reducing the minimum period between local areas taking control and being allowed to run services.

    The bill will also empower local authorities to work alongside private operators to improve bus services if they choose not to pursue full ownership.  

    The government is also investing a near £38 million to bring 319 new zero emission buses to communities across England, while nearly £1 billion is being invested in England to improve bus infrastructure with new bus stops and digital timetables, introduce more frequent and more reliable buses and expand fare discounts.   

    The bill will also improve safety for both passengers and staff by mandating that staff, including drivers, undertake training to recognise and respond to incidents of criminal and anti-social behaviour, including acts of violence against women and girls. 

    Mayor for Greater Manchester, Andy Burnham, said:

    Deregulation of buses came at the expense of passengers, with a shrinking network, high fares and a service not fit for the rapid growth and scale of ambition we are seeing in Greater Manchester.

    As the first area to bring buses back under local control, our Bee Network is putting people and businesses before profit, reversing decades-long decline in buses with rapidly growing numbers of passengers served by a more reliable, affordable and integrated network. This is central to supporting economic growth, higher productivity, access to new jobs, homes and public services and opening up opportunity for all.

    This bill is vital to reforming transport networks across the country, putting power back in the hands of locally accountable leaders to ensure services work for the communities they serve.

    North East Mayor, Kim McGuinness, said:

    On my first day as mayor, I started the legal process to bring buses back under public control because good public transport is how we unlock growth and opportunity for local people. I hear every day from people fed up with poor bus services.

    This can’t go on, so I’m pleased the government is working with mayors and local authorities to bring in legislation that will support our effort to improve bus networks across the country. It is crucial we fix the broken bus market so we can provide the reliable, affordable public transport people need.

    Professor Karen Lucas, Director of Manchester Urban Institute, said:

    The new buses bill will finally put a halt to the decimation of socially necessary services after years of unregulated cuts that have left many vulnerable people and low-income and rural communities stranded. This is a good first step in the right direction, but more local action is needed.

    Lydia Horbury, Bus Users UK Director for England, said:

    The protection of socially necessary bus services is vital to ensuring that everyone – regardless of age, income, or ability – can access education, employment, healthcare and their wider community. For too long, communities have been left stranded by sudden cuts to lifeline routes.

    Strengthening the framework around these services, as proposed in the Bus Services Bill, is a crucial step toward building a truly inclusive and reliable transport network outside London. We support any measures which empower local authorities to safeguard these routes and the passengers who depend on them.

    Ben Plowden of Campaign for Better Transport said:

    Buses are the most used form of public transport, connecting millions of people to jobs and education, shops and services, friends and family. Preserving vital bus services has long been central to our campaigning, so the new protections in the Bus Services Bill are very welcome indeed.

    Protecting existing services and identifying and filling gaps in the network is the way to ensure everyone can access opportunities and stay connected.

    Jason Prince, Director of the Urban Transport Group, said:

    The government has moved rapidly to bring about better buses by providing local leaders with the right tools to improve services for their communities. We welcome the Bus Services Bill and its commitment to back passengers and the services they rely upon.

    Roads media enquiries

    Media enquiries 0300 7777 878

    Switchboard 0300 330 3000

    Updates to this page

    Published 3 June 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Bank on the UK in volatile times’ Trade Secretary tells G7 and European businesses

    Source: United Kingdom – Executive Government & Departments

    Press release

    Bank on the UK in volatile times’ Trade Secretary tells G7 and European businesses

    Trade Secretary’s message comes after UK sealed landmark deals with India, the US and EU

    • Jonathan Reynolds to meet G7 and EU counterparts in Paris and Brussels to discuss economic security and global trade.
    • Trade Secretary targets economic growth and jobs, saying deals with India, US and EU make UK the most connected economy for global business.
    • Visit shows how Plan for Change is reducing trade barriers that will boost exports to the EU.

    The UK is a country that counterparts and businesses can bank on in increasingly uncertain and volatile times, Trade Secretary Jonathan Reynolds will tell G7 and EU ministers and commissioners on a three-day visit to Paris and Brussels.

    He will deliver the message at a G7 Trade Ministerial Meeting in Paris before travelling to Brussels for talks with EU counterparts and a speech to business representatives, policymakers, and diplomats at the European Policy Centre’s Economic Security Forum.

    The Trade Secretary’s message comes after the UK sealed landmark deals with India, the US and the European Union, positioning the UK as a global champion of free trade, delivering for British businesses and putting money in the pockets of working people.

    This will be delivered through the expected GDP increase by £4.8 billion thanks to the India deal, nearly £9 billion added to the UK economy by 2040 through the EU deal and the thousands of jobs saved across the country because of the deal with the US.

    He is also expected to meet US Trade Representative Jamieson Greer, India’s Minister of Commerce and Industry Piyush Goyal and EU Commissioner for Trade and Economic Security Maros Šefčovič to progress implementation of the trade deals and ensure businesses feel the benefits as soon as possible.

    Jonathan Reynolds will use the visit to reinforce that Britain is open for business as part of this Government’s Plan for Change to deliver on its core mission to grow the economy, raise living standards and put more money in people’s pockets.

    Ahead of the visit, Business and Trade Secretary Jonathan Reynolds said:

    Our deals with the US, EU and India are proof that the UK is the most connected country in the world to do business. Along with our modern Industrial Strategy, our Plan for Change is making the UK a safe, stable bet in uncertain times.

    We recognise our relationship with G7 allies and EU counterparts must continue to evolve and deliver a better trading environment for our businesses and exporters.

    That’s why we want to wipe away costly, business-blocking barriers and open up opportunities to grow our economy, create jobs and put more money in people’s pockets.

    The Business Secretary will use his visit to call for the UK’s new relationship with the EU to help businesses, and with almost 100,000 UK businesses exporting goods to the EU last year, and the upcoming Trade Strategy, the UK is continuing its work to build on the recent deals and tear down barriers to doing business around the world.

    As part of the trip the Business and Trade Secretary will also discuss the UK’s modern Industrial Strategy being published this Spring in his first ever in person meetings with the European Commission’s Executive Vice-President for the Industrial Strategy Stephane Séjourné and Executive Vice-President for the Clean, Just and Competitive Transition Teresa Ribera.

    The Business and Trade Secretary will also use the visit to hold in-person meetings with Laurent Saint-Martin, Don Farrell and Maninder Sidhu, the Trade Ministers of France, Australia and Canada respectively.

    Updates to this page

    Published 3 June 2025

    MIL OSI United Kingdom

  • MIL-OSI: Parex Resources Announces Appointment to the Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 02, 2025 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce the appointment of Alberto Consuegra to the Board of Directors (the “Board”).

    Effective June 1, 2025, Alberto Consuegra has been appointed to the Board as an independent director. Alberto has more than 30 years of experience in the energy sector. Most recently, Mr. Consuegra served as the Chief Operating Officer of Ecopetrol, Colombia’s national oil company, and for a period of time acted as the Company’s interim Chief Executive Officer. He has also served as the President of Cenit Transporte y Logística de Hidrocarburos S.A.S., the Vice President of Supply and Services of Ecopetrol, and held several executive positions at Equion Energia Ltd. and BP Exploration.

    Mr. Consuegra graduated from Universidad de Cartagena with a civil engineering degree and holds a master’s degree in civil engineering from Texas A&M University.

    “We are excited to welcome Alberto to our Board of Directors and believe his Colombia-focused energy expertise will contribute to the ongoing success of Parex,” commented Wayne Foo, Chair of Parex’s Board of Directors.

    About Parex Resources Inc.

    Parex is one of the largest independent oil and gas companies in Colombia, focusing on sustainable conventional production. The Company’s corporate headquarters are in Calgary, Canada, with an operating office in Bogotá, Colombia. Parex shares trade on the Toronto Stock Exchange under the symbol PXT.

    For more information, please contact:

    Mike Kruchten
    Senior Vice President, Capital Markets & Corporate Planning
    Parex Resources Inc.
    403-517-1733
    investor.relations@parexresources.com

    Steven Eirich
    Senior Investor Relations & Communications Advisor
    Parex Resources Inc.
    587-293-3286
    investor.relations@parexresources.com

    NOT FOR DISTRIBUTION OR FOR DISSEMINATION IN THE UNITED STATES

    PDF available: http://ml.globenewswire.com/Resource/Download/e1b365f5-664e-4232-871f-df46382cc069

     

    The MIL Network

  • MIL-OSI New Zealand: Indicative allocations by year

    Source: Tertiary Education Commission

    Last updated 3 June 2024
    Last updated 3 June 2024

    Print

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    The indicative allocation is our early estimate of each tertiary education organisation’s on-Plan funding. It indicates what you could receive for the following year if your Investment Plan is approved for funding.
    The indicative allocation is our early estimate of each tertiary education organisation’s on-Plan funding. It indicates what you could receive for the following year if your Investment Plan is approved for funding.

    We calculate this using a set of allocation methodologies, which are specific to each fund. We review and revise these every year to make sure they’re aligned to funding determinations and the current tertiary environment.
    Your indicative allocations will be made available from 3 June and can be accessed through the My Allocations and Payments app on Ngā Kete. 
    2026 indicative allocations
    2026 Global indicative allocation methodology (PDF 841 KB)
    Historical indicative allocation methodologies

    MIL OSI New Zealand News

  • MIL-OSI Russia: Denis Manturov launched the first production of a vital chemical component in Russia

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    During a working visit to the Nizhny Novgorod Region, First Deputy Prime Minister Denis Manturov launched the first production of silica gels and silica sols in Russia and visited the First Weaving Factory.

    The ceremonial launch of the production was also attended by Deputy Governor of the Nizhny Novgorod Region Andrey Sanosyan and Chairman of the Board of Directors of JSC GC Titan Mikhail Sutyaginsky. GC Titan has commissioned a unique industrial production of silica gels and silica sols for Russia with a total capacity of 18 thousand tons per year on the territory of the Kulibin SEZ in Dzerzhinsk. The holding’s new project is being implemented by RusSilika. The total investment in the project amounted to 21 billion rubles, of which 5 billion rubles were provided by the Industrial Development Fund. Its implementation allowed the creation of more than 200 new jobs.

    Silica gels and silica sols are widely used in more than 30 industries. The products are included by the Ministry of Industry and Trade of Russia in the list of priority projects for the production of small- and medium-tonnage chemicals, which have a comprehensive impact on the development of related industries. Denis Manturov noted that the first stone in the foundation of the RusSilika plant was laid exactly two years ago. It was planned that the launch of production would take place at the end of 2025, today the enterprise is starting its work ahead of schedule.

    “I would like to especially note that silica gel has not been produced in industrial quantities in Russia until now. Thus, the plant is fully provided with demand. Moreover, the products have a large export potential, due to which an investment decision has already been made on further expansion of production. I am confident that with the support of the federal government and the administration of the Nizhny Novgorod region, all plans will be implemented. This fully meets the task of achieving technological sovereignty in the chemical industry. As you know, this is the goal of the specialized national project. And the Titan group of companies is actively participating in the recreation of the line of basic chemical products,” said the First Deputy Prime Minister.

    Denis Manturov also congratulated the company’s employees on the 95th anniversary of Dzerzhinsk.

    During a visit to the First Weaving Factory in the Volodarsk Advanced Social and Economic Development Area, the First Deputy Prime Minister was introduced to the technology for producing fabric for roller blinds, which was first mastered in Russia by order of a Belarusian customer. For this purpose, a Russian chemical industry enterprise specially developed a set of chemical preparations.

    With the support of the Industrial Development Fund and the Government of the Nizhny Novgorod Region, a large-scale investment project on import substitution in the light industry has been implemented. This is the first full-cycle textile production facility in Russia for the production of wide woven and knitted fabrics made of synthetic and blended yarns of its own production, fully equipped with advanced equipment. The investment volume exceeded 3.3 billion rubles. The manufactured products can be used in the work of enterprises in the light and chemical industries, in mechanical engineering. The factory’s capacity allows for the production of up to 11 million linear meters of finished products per year.

    At the moment, the investor has already started developing the project for the second stage of the factory, focused on the first production of polyester fiber and threads in Russia using the direct molding method from domestic raw materials. The production will be equipped with advanced equipment, the capacity for the production of finished products will be 130 thousand tons per year. The plans include increasing the number of employees to 350 people, as well as increasing labor productivity through automation and digitalization.

    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 New Zealand: Banking – Kiwibank first New Zealand bank to partner with Kiwi tech company Wych to provide open banking – and draws line with zero fees

    Source: Kiwibank

     

    • Local tech company, Wych, will assist Kiwibank in implementing open banking.
    • Kiwibank will not be charging accredited third parties to make standard API requests. 
    • Open banking will deliver more value, choice and flexibility for customers.

     

    Kiwibank is the first New Zealand bank to partner with Wych, a New Zealand based financial technology company specialising in providing open data services and capabilities to data holders and data recipients.

     

    Wych will provide the integration capability to connect accredited third parties with Kiwibank as it delivers open banking.

     

    Steve Jurkovich, Kiwibank’s Chief Executive, says, “As a modern integration provider, Wych’s solution is cloud hosted and provided as a complete end-to-end SaaS solution. It’s also scalable and will enable Kiwibank to easily adapt as the open banking ecosystem develops.

     

    “This next step in our open banking journey will set us up to collaborate with even more innovative partners to offer services and experiences that provide our customers greater value and choice. As a smaller player compared to the larger banks, Kiwibank is excited to partner with fintechs to drive more competition to make Kiwi better off.”

     

    Dermot Butterfield, Wych’s Chief Executive Officer, says, “We are excited to be partnering with Kiwibank to build on the opportunity that open banking represents for their customers, including more innovation and customer-centric solutions as the market matures.”

     

    Kiwibank is proud to be supporting a Kiwi technology company and leveraging the expertise we have right here in New Zealand.

     

    Kiwibank takes competitive stand on open banking fees

    Kiwibank exists to challenge the status quo and to create a future where banking in New Zealand is stronger and fairer than ever before. 

     

    “We see the significant value open banking can deliver for our customers and we want to enable that,” says Jurkovich. “That’s why we won’t be charging accredited third parties to make standard API requests.”

     

    This sets Kiwibank apart. While some banks are offering temporary waivers on fees charged to accredited third parties, in the longer term those costs could be passed on to customers.


    “At Kiwibank, we’re committed to shaping an open banking environment that delivers real benefits for New Zealanders,” says Jurkovich. “By removing cost barriers we’re helping to unlock innovation that puts customers first – enabling more tailored, transparent, and empowering financial experiences.” 

     

    Kiwibank is committed to delivering payment initiation API services by 30 May 2026 and account information API services by 30 November 2026.

     

    About Kiwibank

    Kiwibank is a Purpose-led organisation that has modern, Kiwi values at heart and keeps Kiwi money where it belongs – right here in New Zealand. As a Kiwi bank, with more than a million customers, our trusted experts are focused on supporting Kiwi with their home ownership aspirations and backing local business ambitions, so together we can thrive here in Aotearoa and on the world stage. Kiwibank is the #1 bank in Kantar’s 2024 Corporate Reputation Index and the only bank in the top 20. To find out more about Kiwibank visit www.kiwibank.co.nz.

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Farmer satisfaction with banks better – but fragile

    Source: Federated Farmers

    Farmers are feeling more satisfied with their banks, pointing to improved communication and less ‘undue pressure’, Federated Farmers’ latest Banking Survey shows.
    “It’s good to see things are improving but farmers’ trust in their banks is still fragile,” Federated Farmers banking spokesperson Richard McIntyre says.
    “Where farmers have given positive feedback in the survey, it’s usually about their individual managers, not bank policy.
    “When those individual staff leave, that trust can erode quickly.”
    Nearly 700 farmers responded to the May survey, with 60% of them ‘satisfied’ or ‘very satisfied’ with their bank.
    That’s up from 53% in Federated Farmers’ November 2024 survey but well shy of the 80% peak rating recorded in 2017.
    “It’s helped that over the last year banks have been grilled by the select committee inquiry on banking competition that Federated Farmers pushed for,” McIntyre says.
    “There has been a lot of scrutiny and banks have definitely been feeling the pressure, so it’s good to see them start to lift their game as a result.”
    In the survey, 61% of farmers rated their bank’s communication as good or very good – the best result since 2020.
    Just on 18% of farmers said they were feeling undue bank pressure, down from 24% six months earlier and the lowest rating recorded since 2018.
    “Many farmers said bank pressure has eased over the past six to 12 months, with some noting their bank had become more understanding or backed off earlier demands,” McIntyre says.
    “However, for those still under pressure, the situation remains serious.
    “A few farmers shared difficult stories with us, including being forced out of farming altogether.”
    One farmer said: “We’ve sold the farm. If the bank had been more understanding, things might have been different.”
    The survey shows interest rates on farm mortgages have also eased by about 1% since late 2024 to an average of 6.52%.
    “Even so, we’re still very concerned that, compared with average residential mortgage interest rates, farm mortgage interest rates are around 0.92% higher – and were about 1.12% higher late last year,” McIntyre says.
    From 2016 until 2021, the margin of difference hovered between about 0.6% and 0.35%.
    “These don’t seem like big differences, but when total agricultural lending is around $61 billion, a 1% margin difference puts $600 million of extra interest costs on the sector each year.
    “It’s crazy how much more money farmers are having to shell out to the banks in interest payments.
    “Part of the problem is the unnecessarily conservative Reserve Bank capital requirements, and the recent decision to review those settings is very welcome,” McIntyre says.
    “What we desperately need as well is stronger competition among banks in the rural sector. That would really help lower costs for farmers and drive better bank performance.”
    In the open comment section of the May survey, many farmers said they were still paying far too much in interest.
    Several expressed frustration that banks were quick to hike rates, but slow to pass on savings when the OCR falls.
    “OCR drops come through like a feather. Increases hit like a brick,” one said.
    The May survey also found that just under 20% of farmers said their bank has inquired about their farm’s emissions profile or environmental footprint as part of loan requirements.
    Westpac and ASB were much more likely to ask such questions, at 32% and 40% respectively.
    “Federated Farmers’ view is that our democratically elected Government is the correct body to be setting emissions and environmental policy, not banks,” McIntyre says.
    “Farmers are closely watching what’s happening with Bills passing through Parliament, promoted by MPs Andy Foster and Mark Cameron, that would rein in banks’ ability to make lending decisions on non-commercial grounds.”
    Foster’s proposed law would prohibit banks from refusing loans or services purely for environmental or emissions reasons. May survey responses show 70% of farmers support such a law (18% oppose, 12% unsure).
    Other key findings from the survey:
    Farm Debt Levels: 84% of farmers surveyed have a mortgage. The average mortgage in the survey was $4.7 million, compared to $4.4 million six months ago.
    Overdraft Use Declining: Only 76% of farms now have an overdraft facility, down from 88% a decade ago.
    Overdraft Limits: Average overdraft limits have risen to $349,000. Arable farms saw the largest increase (from $500k to $718k).
    Overdraft Interest Rates: Rates have dropped. The average is now 9.0%, down from 10.0%. Rabobank offers the lowest (7.3%), while BNZ remains highest (9.7%).
    Efficiency Concerns: 19% of farmers feel their bank isn’t allowing them to structure debt as efficiently as possible – down slightly from 23% in November. Rabobank and ANZ performed best; Westpac performed worst.

    MIL OSI New Zealand News

  • MIL-OSI Russia: Results of the exhibition “Metalloobrabotka-2025”

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The traditional industry exhibition “Metalloobrabotka-2025” has ended in Moscow’s Expocentre. It is safe to say that SPbPU successfully presented its developments to ensure technological leadership in the direction of “Materials, Technologies, Production”. The Polytechnic University demonstrated a real technological process for manufacturing parts of power engineering for civil and special purposes. The exhibition participants got acquainted with special-purpose technologies and the technology of highly efficient repair of critically loaded parts of power engineering.

    Director of IMMiT and Chief Designer of the Scientific and Technical Complex “New Materials, Technologies, Production”, Professor Anatoly Popovich, noted: Development of technologies for manufacturing parts of gas-pumping units using modern digital additive manufacturing technologies, in particular the technology of high-temperature selective laser melting of domestically produced metal powder materials, will reduce the cost price, terms of technological preparation of production and repair of critical units and parts, improve the quality of manufacturing components of drive gas turbine engines of gas-pumping units for enterprises of the fuel and energy complex of the Russian Federation. In particular, redesigning taking into account the advantages of additive technologies and manufacturing parts of the hot gas turbine tract will significantly increase the performance characteristics of parts and units, and the developed new materials for protective coatings, such as high-entropy alloys, will increase the service life between repairs of the units.

    Thus, notes Anatoly Popovich, this will provide Russia with technological leadership in the market for the production of units and assemblies of gas turbine engines. The automated repair and restoration system will increase productivity at the surfacing stage up to five times and reduce the cost of repairs by half. Technologies for laser surfacing of difficult-to-weld and non-weld heat-resistant alloys and the developed specialized tool will expand the range of repaired parts.

    On the final day of the exhibition, a series of meetings between key executors of the Peter the Great SPbPU project in the direction of “Materials, Technologies, Production” and future customers took place at the Polytechnic stand.

    Mikhail Kuznetsov, Head of the Research Laboratory “LiAT” of the SPbPU Institute of Metallurgy and Metallurgy, held talks with representatives of the company JSC “EZTM” and colleagues from the State Corporation “Roscosmos”. The partners discussed current projects and prospects for joint work in the field of laser welding and additive technologies.

    At the SPbPU stand, the NIL employees presented samples created using laser and additive technologies. The specialists presented components of the hot tract of gas turbine engines repaired by laser cladding, samples 7 and 10 mm thick, welded in one pass without edge preparation by laser welding and hybrid laser-arc welding, and other equally interesting exhibits.

    Head of the Laboratory of Light Materials and Structures Oleg Panchenko held meetings with representatives of NPO Luch, PI Science and Innovations, NPK Morsvyazavtomatika and others. The participants discussed the possibilities of robotization of production, friction stir welding, electric arc growing, joint projects on reverse engineering in the areas of compressor and propulsion devices.

    The staff of the Laboratory of Light Materials and Structures of the Institute of Metallurgy and Engineering at SPbPU demonstrated the process of producing a conical gear for heavy engineering using the electric arc growing method right at the exhibition. This method is based on melting metal wire under the influence of the energy of an electric arc.

    The installation, created by engineers specifically for this exhibition, is a unique solution for reducing production costs. The technological process allows achieving record-high speeds of obtaining products (for aluminum alloys (Al) – 2.2 kg/hour, for Fe – 6 kg/hour). In addition to record productivity, the key advantage of the technology is the absence of geometric limitations of the printed product. This is the reason for the concept of the “open type” cell: the manipulator is easily installed on the rails and follows the part being grown.

    The Polytechnic University stand presented a selective laser melting installation for metals (3D metal printer) “Mercury”, jointly developed by specialists from SPbPU and 3DLAM.

    The peculiarity of this complex is the platform heating up to 1300 degrees, which allows printing with heat-resistant nickel alloys. During the exhibition, engineers printed samples for further laboratory tests and analysis of metal properties.

    Visitors to the exhibition could see the advanced developments of the polytechnics in the unified catalog of SPbPU. It was entirely dedicated to the projects of the divisions of the Institute of Mechanical Engineering, Materials and Transport.

    The debut at the Metalloobrabotka-202 exhibition is a significant event for IMMiT specialists. The event became a platform for demonstrating breakthrough solutions and the latest technologies that the St. Petersburg Polytechnic University is developing in the field of laser and additive technologies. Our achievements are not just ideas, but ready-to-manufacture solutions that shape the future, – summed up the Director of IMMiT and the Chief Designer of the KNTN “New Materials, Technologies, Production” Anatoly Popovich.

    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 Banking: EY Regional CEO David Larocca on weaving Microsoft 365 Copilot into his day’s DNA

    Source: Microsoft

    Headline: EY Regional CEO David Larocca on weaving Microsoft 365 Copilot into his day’s DNA

    MIL OSI Global Banks

  • MIL-OSI Security: Hard Money Lender Sentenced for Defrauding Investors in Loans Made to Failed Fresno Company Bitwise Industries

    Source: Office of United States Attorneys

    Andrew Adler, 31, of Greenwich, Connecticut, was sentenced today by U.S. District Judge Jennifer L. Thurston to three years and five months in prison for defrauding investors in loans made to the failed Fresno-based startup Bitwise Industries, Acting U.S. Attorney Michele Beckwith announced today. Adler was ordered to pay $9.3 million in restitution jointly and severally with the Bitwise defendants and to forfeit another $1 million.

    “The collapse of Bitwise Industries exposed Andrew Adler’s lies to investors in securing a multi-million-dollar loan, which he used to secretly line his pockets.” said FBI Sacramento Field Office Special Agent in Charge Sid Patel. “This investigation clearly demonstrates the FBI’s tenacity and is a testament of the great work performed by FBI agents and personnel in our Fresno Resident Agency.”

    According to court records, from December 2022 through May 2023, Adler and his business partner, David Hardcastle, 61, of Fresno, gave Bitwise approximately $20 million in hard money loans. They did not fund the loans themselves or otherwise put their own money at risk. Instead, they syndicated the loans to other investors. In doing so, they altered the original loan documents to make it appear that Bitwise was paying a significantly lower interest rate for the loans than was true. They also forged the signature of one of Bitwise’s Co-CEOs, Jake Soberal, on the altered documents. This made the loans appear less risky and more appealing to the investors. Several of the investors later told the FBI that they would not have invested in the loans had they known the actual interest rates that Bitwise was paying because that would have been a red flag that something was wrong with Bitwise.

    One of the loans included a secure interest reserve of approximately $714,000 that the investors did not know about and that Adler and Hardcastle used to make an unrelated, personal investment in another company that they controlled. Generally speaking, secure interest reserves are disclosed to loan investors ahead of time and are supposed to help protect the investors in the event that the borrower does not make its payments on schedule. Secure interest reserves are not supposed to be used for the personal benefit of the loan originators like Adler and Hardcastle.

    Adler and Hardcastle also made tens of thousands of dollars in fees for originating the loans. They stood to make millions more in secret profits from the higher, undisclosed interest rates had the loans been fully repaid. Unfortunately, however, Bitwise turned out to be a Ponzi-like fraud scheme and collapsed before that could happen. As a result, the participants lost nearly all their money. Adler told the court in his filings that he was motived to commit the fraud by pure greed and nothing else.

    Hardcastle has been indicted for his role in the fraud and is currently pending trial. He is presumed innocent until and unless proven guilty beyond a reasonable doubt.

    Bitwise’s CEOs, Jake Soberal and Irma Olguin Jr., were previously sentenced to 11 years and nine years in prison, respectively, for the carrying out the Bitwise Ponzi scheme that caused a loss of over $115 million in that case.

    This case is the product of an investigation by the Federal Bureau of Investigation. Assistant U.S. Attorneys Joseph Barton and Cody Chapple are prosecuting the case.

    MIL Security OSI

  • MIL-OSI United Kingdom: Major £5 billion technology investment accelerates UK defence innovation in a European first

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    Major £5 billion technology investment accelerates UK defence innovation in a European first

    More than £4 billion drive towards autonomous systems to shape UK military future and boost export potential, supporting the Plan for Change

    UK troops and warships will be protected by drone and laser weapon technology through a major £5 billion investment, as the UK seeks to become the leading edge of innovation in NATO under the Strategic Defence Review (SDR) and driven by lessons from Ukraine. 

    The major funding package includes more than £4 billion for autonomous systems and a further investment of nearly £1 billion for Directed Energy Weapons (DEW) this Parliament – including the iconic DragonFire laser – boosting frontline capabilities while creating 300 skilled jobs across the country. 

    DragonFire is set to be the first high power laser capability entering service from a European nation, with the first Royal Navy Type 45 destroyer due to be fitted in 2027.  

    The SDR recommends that an immediate priority for force transformation should be a shift towards greater use of autonomy. To help achieve this, it says Defence must incorporate uncrewed and autonomous systems in high numbers over the next five years and make targeted investment in the development of novel directed energy weapons.  

    Today’s autonomous systems investment – of which more than £2 billion is new funding following the Government‘s historic uplift in defence spending to 2.5% of GDP from 2027– will see autonomous systems, including drones improve accuracy and lethality for our Armed Forces, and boost UK export potential. 

    It comes after major announcements ahead of the SDR publication, including: the building of up to a dozen new attack submarines for the Royal Navy; up to 7,000 new UK-built long-range weapons to procured; at least six new munitions and energetics factories in the UK; more than £1.5 billion to improve the state of military housing; and more than £1 billion for pioneering technology to spearhead battlefield engagements.

    The new DEW capabilities will give the UK an edge, creating low cost and sustainable alternatives to missiles to shoot down targets, such as drones, at the speed of light, reduce collateral damage and have a low-cost per shot, reducing reliance on expensive ammunition.   

    The systems will be tailored to the conditions in which they will operate – whether at sea, on land, or in the air – and will work alongside crewed assets, such as current and future fighter jets.  

    Both investments reflect the SDR’s vision for UK innovation to be driven by the lessons from Ukraine – harnessing drones, data and digital warfare to make our Armed Forces stronger and safer. 

    The SDR sets a path for the next decade and beyond to transform defence and make the UK secure at home and strong abroad. It ends the hollowing out of our Armed Forces and will also drive innovation, jobs and growth across the country, allowing the UK to lead in a stronger NATO as part of this Government’s Plan for Change.  

    Defence Secretary, John Healey MP said:

    These investments will mean the most significant advance in UK defence technology in decades. We will ensure our Armed Forces have the cutting-edge capabilities they need to meet the challenges of a rapidly changing world.

    We are delivering the Strategic Defence Review’s vision to put the UK at the leading edge of innovation in NATO, by backing British industry and fast-tracking the kit of the future into the hands of frontline troops.

    This Government’s Plan for Change will harness the benefits of technology, create hundreds of new jobs and make defence a powerful engine for economic growth.

    Chancellor of the Exchequer, Rachel Reeves said:  

    A strong economy needs a strong national defence. That’s why we are delivering the biggest sustained increase in defence spending since the Cold War—putting innovation and industrial strength at the centre of our national security strategy.

    Additional funding for autonomous systems maximises the defence industry’s potential to drive long term economic growth and productivity – helping us deliver our Plan for Change while keeping the UK safe.

    A new DEW will be created for the British Army this decade, alongside DragonFire being integrated on four Royal Navy warships, with the first ship due to be fitted in 2027, forming part of a layered air defence system to better protect UK forces while reducing collateral damage and reducing reliance on expensive ammunition. 

    DEW technology already supports 200 high-skilled UK jobs, with a further 300 positions to be created across the Ministry of Defence and industry partners. It’s another example of defence as an engine for UK economic growth, delivering on the Plan for Change.  

    In addition, a new Drone Centre will be established to accelerate exploitation of small, uncrewed air systems across all three military services, helping to deliver them to the front line faster.   

    The Centre will provide a central knowledge base to tackle any emerging legislative changes, develop best practice and better manage the interaction with industry. Crucially, it will apply battlefield lessons from Ukraine where drones now kill more people than traditional artillery. Detailed organisational arrangements will be developed over the coming months. 

    During the SDR process, 1,700 individuals, political parties, and organisations submitted more than 8,000 responses. 200 companies provided written contributions, more than 120 senior experts took part in the review and challenge panels, and nearly 50 meetings took place between the Reviewers and our senior military figures.

    Updates to this page

    Published 2 June 2025

    MIL OSI United Kingdom

  • MIL-OSI: Nimanode Positions To Become The OpenSea of AI Agents On XRP Blockchain – Presale Momentum Accelerates

    Source: GlobeNewswire (MIL-OSI)

    LEEDS, United Kingdom, June 02, 2025 (GLOBE NEWSWIRE) — Excitement is building across the XRP community as Nimanode ($NMA), the first AI agent platform on the XRP Ledger, positions itself as the premier destination for intelligent automation within the Ripple ecosystem.

    Amid growing bullish sentiment around XRP — driven by XRP Futures trading going live seasoned investors from major ecosystems like Cardano ($ADA) and Solana ($SOL), are turning their attention to the Nimanode Presale, eager to secure early exposure to what many see as a foundational layer for on-chain AI infrastructure.

    Pioneering AI Agents on XRP

    Nimanode is strategically emerging as the leading marketplace and launch platform for autonomous AI agents on the XRP Ledger. Just as OpenSea redefined digital ownership through NFTs, Nimanode is redefining utility through AI agents that work, evolve, and earn on-chain.

    Designed specifically to offer a no-code gateway to intelligent, on-chain automation at scale. Nimanode offers services from solo builders to enterprises — to deploy intelligent agents that automate smart contracts, optimize DeFi strategies, assess protocol risk, and manage tokenized real-world assets (RWAs).

    This transformative model brings a new dimension to DeFi and AI adoption in the XRP ecosystem, by combining modular AI technology with XRPL’s unmatched speed and low transaction costs, opening up a new era of AI x Blockchain, with real monetization potential built into every deployment.

    Join Nimanode Presale

    Why Investors are Flocking to The Nimanode Presale

    The presale surge has captured the attention of prominent crypto investors including notable whales from the BNB, ADA and SOL communities. All looking to position themselves early in what many believe could be the next DeFi breakout project.

    From the desk of the development team at Nimanode, they are set to deliver an Agentic workforce handling various tasks autonomously. Features of these ecosystem include but not limited to

    Zero-Code Agent Builder – Easily create and configure AI agents through a drag-and-drop interface

    Autonomous Execution – Agents perform on-chain tasks, react to data feeds, and interact across dApps

    Agent Marketplace – Build, deploy and monetize AI agents within a Nimanode ecosystem

    XRPL Integration – High-speed, low-cost, and eco-friendly infrastructure to power scalable agent activity

    $NMA Token – Powering the Nimanode Ecosystem

    The native $NMA token is the backbone of the Nimanode platform, unlocking utility and benefits across their ecosystem through:

    • Agent Deployment: Lower fees for launching and customizing AI agents.
    • Staking Rewards: Earn passive income by staking $NMA tokens.
    • Marketplace Access: Use $NMA to buy, license, or upgrade agents.
    • Governance: Participate in DAO proposals and help shape platform evolution.

    At the end of the presale, $NMA will list on DEXs at a 25% higher price, offering early participants immediate upside on their investments.

    How to Join The Nimanode Presale

    Joining in the NimaNode Presale is quite straightforward for anyone seasoned investors and newbies alike.

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

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

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

    The last cycle gave us DeFi protocols and NFTs. This cycle is shaping up to be about autonomous infrastructure and Nimanode is at the heart of it.

    Don’t Miss Out – Secure your $NMA Tokens

    Learn more about Nimanode

    Website: https://nimanode.com

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

    Telegram: https://t.me/nimanodeAI

    Whitepaper: https://docs.nimanode.com

    Contact:
    Nick Lambert
    contact@nimanode.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/675f22df-2345-47a3-9ac2-1187fab5183a

    The MIL Network

  • MIL-OSI Global: Reducing American antisemitism requires more than condemning opposition to Israel and targeting elite universities

    Source: The Conversation – USA – By David Mednicoff, Associate Professor of Middle Eastern Studies and Public Policy, UMass Amherst

    Law enforcement officials dress in protective gear to investigate after an attack on a march in Boulder, Colo., on June 1, 2025, calling for the release of Israeli hostages held in Gaza. AP Photo/David Zalubowski

    Violent antisemitism in the U.S. isn’t limited to the far right wing of the political spectrum. This was tragically obvious in two recent events – the June 1, 2025, attack using Molotov cocktails to burn participants in a Boulder, Colorado, march supporting Israeli hostages in Gaza, and the murders of two Israeli embassy staffers, an American Jew and an Israeli, on May 21, 2025, outside the Capital Jewish Museum in Washington, D.C.

    As an expert on the Middle East, including Israel, my research and administrative work have included contributing to a global effort to define antisemitism and addressing antisemitism on my own campus.

    Antisemitism can be defined simply as “discrimination, prejudice, hostility or violence against Jews as Jews (or Jewish institutions as Jewish).” What actually constitutes it is more contested, especially with respect to links between Jews and the state of Israel.

    President Donald Trump claims he is taking “unprecedented” steps to combat antisemitism.

    American Jews perceive antisemitism as rising since 2016, largely because, as one study put it, “people who hold anti-Semitic views now feel more free to express them.” But the current federal fight against antisemitism in the U.S. may have more to do with the agendas of members of the American and Israeli governments than with the concerns of most American Jews.

    First, the Trump administration’s attacks on antisemitism center on elite universities, where the president claims antisemitism runs rampant. Second, the current Israeli government tries to blur the lines between pro-Palestinian activism and antisemitism.

    These factors polarize and complicate the landscape for combating antisemitism effectively.

    GOP nominee for president Donald Trump speaks to prominent Jewish donors at an event called Fighting Anti-Semitism in America on Sept. 19, 2024, in Washington, D.C.
    Chip Somodevilla/Getty Images

    Targeting speech at universities by charging ‘antisemitism’

    Trump’s administration has taken dramatic actions in the name of curbing antisemitism. Yet, his policies are notable for what they ignore as well as what they target.

    Right-wing antisemitism was responsible for the deadliest attack on a Jewish community in U.S. history in Pittsburgh in 2018. Yet the administration’s model for fighting antisemitism is not based in fighting white supremacist hatred toward Jews, which relates back to the Nazis in Germany.

    In fact, members of Trump’s administration, including senior adviser Stephen Miller and former Department of Government Efficiency chief Elon Musk, have supported white supremacist ideas or groups. Trump’s own words have evoked right-wing antisemitic tropes, such as assuming American Jews are loyal to Israel or adept at making money.

    Trump administration policies on antisemitism are most vocal around punishing leading American universities as unsafe for Jews. As the leading target of the president’s ire, Harvard University has acknowledged that some activism against Israel’s war with Hamas in Gaza has contributed to antisemitism on campuses.

    However, federal actions targeting Harvard ostensibly seek to punish antisemitism by demanding sweeping federal oversight of Harvard’s curriculum and self-governance. Billions of dollars in research funds have been cut. Neither action connects clearly to Harvard’s patterns or policies around antisemitism.

    Given this, Harvard sued the government in April.

    Many American Jews believe that Trump’s true purpose is to use the antisemitism issue as one means to curb free expression at universities.

    Defending Israeli policy by charging ‘antisemitism’

    National governments naturally seek political and material support from powerful allies. Israel’s efforts to encourage Americans to champion that support fit this pattern.

    Israel receives more U.S. aid than any other country. Thus, its government has an interest in enlisting diverse people and organizations in a sustained way to support its policies.

    The Israeli intervention has grown because Prime Minister Benjamin Netanyahu’s far-right government is unpopular in both Israel and the U.S. Its war in Gaza, provoked by Hamas, is highly destructive and globally unpopular.

    Most experts and policymakers now argue that Israel, along with Hamas, has committed international war crimes.

    The Israeli government recently increased its funding to US$150 million for global public relations efforts. This is a major acceleration of policies that Israeli has pursued for decades known in Hebrew as “hasbara,” which translates to “explanation.”

    Documenting specific links between Israel’s government and groups promoting its agenda in the U.S. can be difficult. This may be a deliberate strategy by Israeli leaders to conceal their efforts.

    Yet, mainstream Israeli-run organizations such as the Jewish Agency have played up links between pro-Palestinian activism and antisemitism since Hamas triggered the war in Gaza. Groups whose funding and leadership are hard to trace maintain public blacklists labeling vocal pro-Palestine activists as antisemites. Those lists have been used by Israeli government bureaucrats to bar visitors to the country.

    U.S.-based groups aligned with Israeli government messaging engage in persistent strategies to discredit opposition voices. Some attack publicly vocal activists, including some American Jews. Others press organizations, political bodies and institutions to adopt a definition of antisemitism that makes it easy to conflate criticism of Israeli policy with antisemitism.

    Anti-Israel behavior in the U.S. can be antisemitic, such as asserting that American Jews, because they are Jews, are responsible for Israeli state actions. And some American Jews support crackdowns on pro-Palestinian activists.

    However, characterizing antisemitism in the U.S. mostly in terms of speech and activism against the Israeli government augments the Trump administration’s neglect of dangerous right-wing antisemitism.

    Presidential adviser Elon Musk interviews via video the German right-wing party AfD leader Alice Weidel at AfD’s election campaign launch on Feb. 23, 2025.
    Hendrik Schmidt/picture alliance via Getty Images

    Polarization and antisemitism in the US

    Taken together, the politics pursued by Trump and the Netanyahu government combine to target legally protected speech in the U.S. more than they deter antisemitism.

    By contributing to polarization, the conflation of antisemitism with a wide range of speech critical of Israel could add to threats faced by Jews and other religious minorities. Those who wish to undermine work toward Palestinian-Israeli coexistence benefit from the charge that most pro-Palestinian activists are antisemitic. This worsens already visible divides among American Jews over how Israel’s mistreatment of Palestinians squares with their Jewish identities.

    Supported by the most aggressive pro-Netanyahu groups, the Trump administration links concerns against antisemitism to efforts to deport immigrants who have expressed pro-Palestine views, such as Tufts doctoral student Rümeysa Öztürk. Deporting people in the name of policing speech critical of Israel also runs a risk that Jews will be blamed for government actions many Americans find objectionable.

    Let’s be clear. Some pro-Palestinian activism embraces Jew-hatred, as the attacks in Washington and Boulder highlight. But lumping together as antisemitic most pro-Palestinian speech, as current American and Israeli leaders do, complicates seeing antisemitism clearly and countering it.

    In addition, most Americans – and Israelis – seek an end to the war, mounting deaths and humanitarian disaster in Gaza. Any potential to blur this with antisemitism augments the few, loud American voices that support one side in the conflict by dehumanizing the other side.

    Americans believe other minority groups face greater discrimination than Jews. Yet, antisemitism from diverse directions is the worst I have seen in my lifetime.

    As with any policy problem, the way to deal with this issue is to focus on all facets of the problem, including right-wing racism and Christian nationalism.

    Current national politics around antisemitism may serve many purposes. Yet most American Jews doubt that these policies actually protect them.

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

    ref. Reducing American antisemitism requires more than condemning opposition to Israel and targeting elite universities – https://theconversation.com/reducing-american-antisemitism-requires-more-than-condemning-opposition-to-israel-and-targeting-elite-universities-257290

    MIL OSI – Global Reports

  • MIL-OSI USA: OPINION: Relief, Retention, and Responsibility—Why This Special Session Matters

    Source: US State of Missouri

    JUNE 2, 2025

    By Governor Mike Kehoe

    This special session is about showing up for our communities—from the families across our state picking up the pieces after devastating storms, to the employees and small businesses whose livelihoods depend on the jobs and economic activity provided by the sports franchise businesses on the western side of our state. It’s about proving that we can act swiftly to help those in crisis, while also making smart decisions that secure opportunity for the future.

    The General Assembly achieved so much for our state this spring, so I am both thankful for their efforts and optimistic that we can work together to use this rare opportunity to benefit the future of our state. Because helping Missourians today—and building the kind of future they deserve tomorrow—isn’t just possible; it’s the kind of leadership Missourians expect from us.

    Disaster Relief

    Every storm reveals what matters most and who we are here for. We’ve seen firsthand how Missourians weather hardships and show up for their neighbors with courage and compassion. Now, it’s our turn to meet that same standard. We have the chance to pull together – not as rivals, but as public servants united by purpose.

    In this special session, we are asking legislators to take direct action to provide financial relief and housing assistance to those affected by natural disasters across our state. One key provision is a new income tax deduction—capped at $5,000 per household per disaster—for insurance deductibles paid by homeowners and renters in disaster-affected areas.

    We’re also strengthening support for those in need by expanding eligibility for emergency grants and rental assistance through the Missouri Housing Development Commission (MHDC). If passed by the General Assembly, the income eligibility threshold for these grants would be expanded from 50% to 75% of the regional Area Median Income. MHDC would also receive an additional $25 million appropriation to support the expanded disaster relief grands.

    Business Retention

    Sports teams have tremendous value beyond any financial measure. Our efforts are about retaining jobs, protecting local businesses, and preserving major economic drivers that benefit not just Kansas City, but the entire state.

    The Show Me Sports Investment Act is a step in the right direction for economic stability and job retention through tax credits and bonds that are performance-based and capped to keep the Kansas City Chiefs and Royals right here in Missouri where they belong.

    Let me be clear: We are not handing out blank checks to billionaires.

    The legislation allows teams to independently bond money from the state based on the taxes they already contribute. Only money generated by the sports teams can be used to repay the bond and any new or existing revenue above the bond payment will go to the state as it currently stands. Finally, this legislation gives each team a one-time $50 million tax credit if they first spend $500 million of their own dollars on renovating their stadium.

    If we fail to act, Missouri stands to lose thousands of jobs and millions in annual revenue. This isn’t a giveaway—it’s a strategy to ensure Missouri remains competitive with other states that would gladly take this opportunity for themselves.

    Budgetary Responsibility

    This special session call also contains critical appropriations that didn’t make it across the finish line in the regular session, including $25 million in General Revenue funds for the Radioisotope Science Center at the University of Missouri Research Reactor (MURR). The MURR has developed life-saving medicines for patients around the world, and Missouri is proud to be home to this incredible nuclear resource.

    We are also asking the General Assembly to appropriate funding from funds other than the General Revenue for various projects such as a new 200-bed mental health hospital in Kansas City, a new crime lab in Highway Patrol Troop E, new livestock and stalling barns at the Missouri State Fairgrounds, and various projects at parks and Missouri National Guard facilities across the state.

    We are not asking the General Assembly to forgive and forget the actions taken by members of an opposing party or chamber. Instead, we are asking them to set those feelings aside to get to work on issues that matter to the people we serve.

    We understand that tension doesn’t vanish with the gavels that close one session and open another. It lingers – in priorities left unresolved and personal strains that follow difficult debates. As a former legislator, I know it can be tough to move on from these moments. The echoes of disagreements still ripple beneath the surface. But we must turn the page.

    A special session is not just a procedural tool – it’s an invitation to rise above all the noise. It’s a chance to demonstrate that principled public servants can come together with resolve to do what’s right. Leadership isn’t proven by how loudly we defend our corners, but by how we willingly find solutions that work. Missourians are watching, and they’re ready for us to meet the moment.

    This special session isn’t just another item on the legislative calendar to check off – it’s a moment Missouri simply cannot afford to coast through. There are families still waiting for relief, jobs hanging in the balance, and communities counting on us to make wise, forward-thinking investments that won’t just fix short-term, hot-button problems – but shape a stronger future.

    It’s time to rise above the noise and govern with the people in mind. Because Missourians didn’t send us here to work for ourselves. We’re here to serve them.

    MIL OSI USA News

  • MIL-OSI USA: North Dakota Department of Commerce Announces $15 Million Destination Development Grant to Boost Tourism and Economic Growth

    Source: US State of North Dakota

    The North Dakota Department of Commerce is excited to announce the launch of the 2025 Destination Development Grant Program, a $15 million initiative aimed at enhancing the state’s tourism industry. This program, funded by the 69th Legislative Assembly, is designed to support the development and expansion of tourism experiences and attractions that contribute to North Dakota’s economic growth and diversification.

    “Tourism plays an essential role in North Dakota, contributing to a strong economy, by attracting visitors who spend money and pay taxes,” said Gov. Kelly Armstrong. “This grant program will support projects that offer legendary experiences that make our state a unique destination.”

    The Destination Development Grant Program provides financial support for projects that increase the number of unique visitor experiences, support workforce recruitment and retention, and enhance the quality of life for North Dakota residents. Eligible projects include the construction or expansion of tourism, recreation, entertainment, historic, or cultural attractions, as well as infrastructure investments that directly support tourism.

    “By creating more experiences that attract visitors and expanding the potential for extended stays, we are also enhancing the quality of life for our residents,” said Commerce Tourism and Marketing Director Sara Otte Coleman. “This grant program is a fantastic opportunity for communities and businesses across North Dakota to develop and expand their tourism offerings, ultimately driving economic growth and diversification.”

    Grant requests should range between $25,000 and $5,000,000, with a required 1:1 match contribution from non-state sources. Eligible entities include for-profit and non-profit organizations or businesses involved in tourism. Private and non-profit tourism entities using government buildings or public property are also eligible if the grant dollars are used to improve items belonging to the business or non-profit.

    The grant portal will be open from July 1 through July 31, 2025. Applicants must submit all materials online, including a detailed project description, budget, and letters of support. Competitive applications will demonstrate a clear vision, strategic alignment with tourism goals, and long-term value.

    Information on the Destination Development Grant will be available at https://ndgov.link/DestinationDevelopment.

    MIL OSI USA News

  • MIL-OSI Security: Two Charged in $227 Milion Medicare Fraud Scheme

    Source: US FBI

    An Illinois man and a foreign national were arrested yesterday on criminal charges related to their alleged submission of more than $227 million in fraudulent claims to Medicare.

    According to court documents, Syed Murtuza Kablazada, 34, of Arlington Heights, and Syed Mehdi Hussain, 32, of Carol Stream, owned and operated purported medical laboratories that submitted fraudulent claims to Medicare for the reimbursement of over-the-counter COVID-19 test kits allegedly provided to Medicare beneficiaries. The defendants allegedly installed foreign nationals to act as nominee owners at the laboratories to submit fraudulent claims to Medicare for the provision of over-the-counter COVID-19 test kits, with the understanding the nominee owners would flee the United States when they learned that their laboratory was under investigation.

    “As alleged, the defendants used straw owners at multiple laboratories to cause the submission of more than $200 million in fraudulent claims to Medicare for COVID-19 test kits,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “Health care fraud harms Americans by squandering taxpayer money and diverting limited resources from those who need them most. The Criminal Division will continue to aggressively prosecute these crimes to hold fraudsters accountable, protect victims, and recover financial losses.”

    “The overwhelming fraud uncovered in this investigation details a blatant disregard for America’s critical health care program, Medicare, and puts all patients at risk,” said Special Agent in Charge Douglas S. DePodesta of the FBI Chicago Field Office. “The FBI and our partners will not tolerate anyone who abuses the health care system for personal gain and will aggressively pursue justice on behalf of both patients and taxpayers.”

    “The submission of fraudulent claims to Medicare for products or services not dispensed or not medically necessary undermines the integrity of this valuable program, intended to protect the most vulnerable in our community,” said Deputy Inspector General for Investigations Christian J. Schrank of the U.S. Department of Health and Human Services Office of Inspector General (HHS-OIG). “Today’s arrests demonstrate our unwavering commitment, working in conjunction with our law enforcement partners, to identify, investigate and bring to justice those who seek to defraud our nation’s federal healthcare programs.” 

    As alleged in the indictment, the defendants rarely provided Covid-19 test kits to Medicare beneficiaries but instead submitted reimbursement claims on behalf of beneficiaries who had not requested COVID-19 test kits, including individuals who were deceased. Further, the defendants allegedly paid a marketing company to provide the names of hundreds of thousands of Medicare beneficiaries that the defendants used to submit fraudulent claims. In total, between September 2022 and June 2023, the defendants’ labs billed Medicare approximately $227 million in fraudulent claims, of which Medicare paid approximately $136 million in reimbursements.

    Kablazada and Hussain are both charged by indictment with four counts of health care fraud. If convicted, they face a maximum penalty of 10 years in prison on each of the four counts.

    The FBI Chicago Field Office and HHS-OIG are investigating the case.

    Trial Attorney Andres Q. Almendarez of the Criminal Division’s Fraud Section is prosecuting the case, with assistance from Assistant U.S. Attorney Jasmina Vajzovic for the Northern District of Illinois.

    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 9 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 the Office of the Inspector General for the Department of Health and Human Services, 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.

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

    MIL Security OSI

  • MIL-OSI USA: Ernst Protects Iowans’ Second Amendment Rights

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)

    DAVENPORT, Iowa – U.S. Senator Joni Ernst (R-Iowa) joined local gun owners at the Davenport Guns & Shooting Club to announce her new bill to protect Iowans’ Second Amendment rights and lawful gun dealers after the Biden administration’s “zero-tolerance” crackdown.

    After the roundtable, Ernst got in some target practice at the shooting range.
    Click here to download more photos.
    Ernst’s Fighting Irrational Regulatory Enforcement to Avert Retailers’ Misfortune (FIREARM) Act prevents the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) from shuttering Federal Firearms Licensees (FFLs) over minor clerical mistakes and allows them to correct self-reported errors.
    “The Biden administration’s zero-tolerance policy empowered gun grabbers in Washington to infringe on the Second Amendment and shutter small businesses,” said Ernst. “Iowans spoke loud and clear in November that they were tired of bureaucratic overreach. My FIREARM Act disarms the out-of-control ATF and ensures that the rights of law-abiding gun owners are protected.”
    Congressman Darrell Issa (R-Calif.) is introducing companion legislation in the House of Representatives.
    “For four years, the Biden administration undermined the Second Amendment and weaponized government against law-abiding citizens and small businesses of the lawful firearms industry,” said Issa. “It is now a new day and a different Washington, and that’s why my friend Senator Ernst and I are advancing the FIREARM Act. We can stop the targeting of our citizens and prevent it from ever happening again.”
    “It’s such a relief to know that Senator Ernst understands and appreciates the importance of the Second Amendment,” said Jeanelle Westrom, Iowa Director for Women for Gun Rights and the owner of Davenport Guns & Shooting Club. “Being a small business owner is hard, and it’s even harder when our agencies like the ATF are used as an end run around the Constitution. As the Iowa Director for Women for Gun Rights and the owner of Davenport Guns, I’m proud to stand by Senator Ernst and her FIREARM Act.”
    “Senator Joni Ernst’s ‘FIREARM’ Act will ensure that future administrations cannot weaponize the ATF as a political gun control tool for special interests,” said Lawrence G. Keane, NSSF Senior Vice President & General Counsel. “Under the Biden administration, the firearm and ammunition industry witnessed the ATF being weaponized to carry out that administration’s extreme antigun policies. That damaged the cooperative relationships between firearm retailers, who are on the frontline preventing illegal straw purchases of firearms, and the ATF, which enforces laws to safeguard our communities. NSSF is thankful for Senator Ernst’s leadership to provide remedies that repair this necessary public trust in our federal agencies.”
    Specifically, the FIREARM Act:

    Creates a safe harbor for FFLs to self-report violations, so they can correct any accidental errors;
    Requires the ATF to work collaboratively with FFLs to fix violations and help avoid future violations;
    Addresses the “willfulness” issue by defining it to mean a voluntary, intentional violation of a known legal duty achieved through specific intent or deliberate planning, excludes previous conduct, and creates a rebuttal if the conduct is not willful; and
    Allows for direct judicial review of license revocations to avoid the ATF from serving as both the judge and prosecutor.

    Click here to view the bill.
    Background:
    Because of her tireless commitment to protecting the rights of law-abiding gun owners and fighting back against bureaucratic overreach, Senator Ernst earned an “A+” rating from the National Shooting Sports Foundation (NSSF).

    MIL OSI USA News

  • MIL-OSI USA: Reed Delivers $29.6 Million for RI Economic Development & Housing Initiatives

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    PROVIDENCE, RI – In an effort to help strengthen local neighborhoods and support economic development and affordable housing programs throughout the state, U.S. Senator Jack Reed today announced that Rhode Island will receive $29,614,503 in new federal aid from several federal housing and community development programs.

    Reed, a member of the Appropriations Committee, who helped secure the funds in the fiscal year 2025 continuing resolution (CR) appropriations bill, noted this year’s funding levels are based on the Biden Administration’s final budget, which was untouched by cuts from the Trump Administration when Congress passed the full-year CR in March.  

    As a result, Rhode Island’s allocations include:

    • $16,616,289 in Community Development Block Grant (CDBG) funds
    • $5,825,296 from the Home Investment Partnerships (HOME) program
    • $3,001,259 from the Housing Trust Fund
    • $1,469,265 from the Emergency Solutions Grant (ESG) program
    • $1,484,128 from the Housing Opportunities for Persons With AIDS (HOPWA)
    • $1,218,265 through the Recovery Housing Program (RHP)

    The federal investments are administered by the U.S. Department of Housing and Urban Development (HUD), which Senator Reed oversees as both an authorizer on the U.S. Senate Committee on Banking, Housing, and Urban Affairs, and as an appropriator on the Appropriations Subcommittee on Transportation, Housing and Urban Development (THUD).

    “This federal funding will help strengthen neighborhoods, advance opportunities for local economic development, and ensure more Rhode Islanders have a healthy and safe place to live.  These programs help cities and towns expand housing options and move forward with capital improvement projects that can spur economic growth and development.  Unlike President Trump, whose Fiscal Year 2026 budget proposal calls for the elimination of many of these essential government programs. I’m committed to improving public infrastructure, boosting housing supply, and upgrading community assets.  From increasing affordable housing opportunities, to repairing roads and extending sidewalks, to enhancing parks and clean water infrastructure, these funds help revitalize neighborhoods and enhance economic development.  With Rhode Island experiencing an alarming affordable housing supply shortage, this critical funding will also bring millions to our state to help preserve and build more affordable housing,” said Senator Reed.

    President Trump’s fiscal year 2026 preliminary budget request to Congress would eliminate the CDBG and HOME programs and devastate HUD with a 43 percent cut in funding. Furthermore, it would place a massive burden on state and local budgets by cutting HUD rental assistance programs by nearly half and shrinking federal homeless assistance programs.

    CDBG provides local communities with a flexible source of federal funding to address a wide range of neighborhood development needs.  The funds may be used for capital-improvement projects or distributed to non-profit organizations to increase housing, supportive service, and job opportunities.  Eligible communities may also apply to the state, which annually allocates federal CDBG funds through a competitive process.  CDBG funds may also be used to address a variety of needs from revitalizing distressed areas by removing blight and assisting with infrastructure projects.

    Several Rhode Island cities will split over $16.6 million from this round of CDBG funding, including allocations for:

    1. Cranston: $1,085,975
    2. East Providence: $772,761
    3. Pawtucket: $1,776,064
    4. Providence: $5,227,138
    5. Warwick: $948,131
    6. Woonsocket: $1,050,583
    7. Rhode Island statewide: $5,755,637
    8. TOTAL: $16,616,289

    HOME is a major federal block grant program providing funding to state and local governments to expand and preserve the supply of quality, affordable housing for working families.  Providence will receive $1,414,533 in HOME funds, while Pawtucket will receive $520,010, Woonsocket will receive $333,115, and a pot of funds for communities across the state will total $3,557,637.

    Senator Reed created the national Housing Trust Fund (HTF) in the Housing and Economic Recovery Act of 2008.  The HTF is an affordable housing production and preservation program.  Under the law, government-sponsored entities Fannie Mae and Freddie Mac are required to contribute annually to the HTF.

    ESG provides annual grants to state and local governments to upgrade and expand emergency homeless shelters.  In this round of funding, Providence will receive $476,119 in ESG funds, Pawtucket will receive $155,836, Woonsocket will receive $93,908, and communities across the state will share an additional $743,402.

    Providence will also receive $1,484,128 in HOPWA funds, which help communities and nonprofit organizations offer housing assistance and related supportive services to low-income individuals who have been diagnosed with HIV/AIDS.

    To help more effectively combat the opioid crisis and ensure people with substance abuse disorders can access safe housing, Rhode Island will also receive $1,218,265 in Recovery Housing Program (RHP) funds.  Senator Reed backed this program as part of the Substance Use-Disorder Prevention that Promotes Opioid Recovery and Treatment (SUPPORT) for Patients and Communities Act.  This federal funding will help Rhode Island provide stable, temporary housing to individuals in recovery from a substance use disorder.  

    MIL OSI USA News