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Category: Business

  • Piyush Goyal commences official visit to France, Italy to boost economic ties

    Source: Government of India

    Source: Government of India (4)

    Union Commerce and Industry Minister Piyush Goyal began his three-day official visit to France on Sunday as part of a five-day tour of France and Italy from June 1 to 5. The visit is aimed at further strengthening India’s strategic and economic partnerships with key European nations.

    During his stay in France, the Minister will hold bilateral meetings with senior French officials, including Minister of Economy Eric Lombard and Trade Minister Laurent Saint-Martin. The discussions will focus on enhancing Indo-French economic ties, trade collaboration, and exploring investment opportunities in priority sectors.

    As part of his engagements, Goyal will participate in the India-France Business Round Table and the India-France CEO Forum. He is expected to meet senior leadership from leading French companies such as Vicat, TotalEnergies, L’Oréal, Renault, Valeo, EDF and ATR. The forums aim to deepen industry-level cooperation and foster greater dialogue between businesses from both countries.

    Speaking ahead of the visit, Goyal said, “France is a longstanding partner in India’s growth journey. This visit is an opportunity to reinforce our economic collaboration, encourage two-way investments, and support innovation-led partnerships.”

    The Minister will also represent India at the informal gathering of World Trade Organization (WTO) Ministers, held on the sidelines of the OECD Ministerial Council Meeting in Paris. He will articulate India’s views on key global trade issues, including reform of the multilateral trading system and inclusive growth.

    Goyal will hold a series of bilateral meetings with international counterparts during the visit. These include the UK Secretary of State for Business and Trade Jonathan Reynolds, Singapore’s Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong, and Saudi Arabia’s Minister of Commerce Dr. Majid bin Abdullah Al-Kasabi.

    The Minister will also meet Israel’s Minister for Trade and Investment Nir Barkat, Nigeria’s Minister for Trade, Industry and Investment Dr. Jumoke Oduwole OON, and Brazil’s Foreign Minister Mr. Mauro Luis Iecker Vieira. These interactions are expected to advance India’s global trade outreach and provide momentum to the ongoing India-EU Free Trade Agreement negotiations.

    In addition, Goyal will engage with senior EU officials, including European Commissioner for Trade and Economic Security Maroš Šefčovič and Agriculture Commissioner Christophe Hansen. The talks will focus on boosting India-EU cooperation in trade, technology, and agriculture.

    Goyal will continue the second leg of his visit in Italy from June 3, where further engagements with industry leaders and government officials are scheduled.

  • Operation Sindoor: India’s Military Doctrine of Offensive Defence

    Source: Government of India

    Source: Government of India (4)

    In the annals of India’s military history, Operation Sindoor marks a decisive departure from the doctrine of strategic restraint. Triggered by the barbaric Pahalgam terror attack that claimed the lives of Indian civilians and tourists, this operation was meticulously crafted as a calibrated military-political response. It did not seek territorial gain nor a prolonged conflict it was a limited, high-impact military reprisal meant to enforce deterrence, inflict punitive costs, and collapse the artificial distinction between so-called “non-state actors” and the Pakistani state that harbours, trains, and directs them. This operation represents a maturing Indian statecraft where kinetic power is exercised with precision, proportionality, and political clarity. India’s strategic objective was not war it was redefinition. By shifting the cost-benefit calculus of cross-border terrorism and signalling that every future provocation will invite asymmetric retaliation, Operation Sindoor has ushered in a new era in subcontinental geopolitics.

    Precision Strikes: Surgical, Not Symbolic

    The first phase of Operation Sindoor commenced in the early hours of May 7, 2025. Leveraging a composite air package of Rafale multirole fighters, Sukhoi-30MKIs, and Mirage-2000 aircraft, the Indian Air Force conducted precise, intelligence-led strikes deep inside Pakistani territory. These were not blind retaliations they were carefully selected targets identified through layered ISR (Intelligence, Surveillance, Reconnaissance) systems, including satellite imagery, HUMINT, and SIGINT.

    The use of SCALP missiles from Rafales and BrahMos supersonic missiles from air platforms ensured surgical delivery with minimal collateral damage. Terrorist enclaves in Bahawalpur, Muridke, and Kotli, Skardu etc., regions long known to host training camps, ammunition dumps, and communication nodes were decimated. Over 100 confirmed militant casualties, including senior leadership figures from proscribed outfits like Jaish-e-Mohammed and Lashkar-e-Taiba, marked a devastating blow to the Pakistani terror-industrial complex. What distinguished these strikes from past episodes was their surgical nature and strategic framing. India did not seek to provoke full-scale war, nor did it act in anger. It acted with method, legality, and legitimacy framing the strikes as a response to an act of war perpetrated through proxy actors by a complicit state. This legitimacy ensured global understanding, if not overt support.

    The Dogfight: Honouring the Fog of War

    Later that night, tensions escalated into an aerial dogfight over contested between two countries. Both sides scrambled assets, leading to a kinetic engagement involving BVR (Beyond Visual Range) and close-range exchanges. India lost some air assets, and so did Pakistan. However, all Indian pilots were accounted for, is a testament to India’s rapid SAR protocols, operational preparedness, and strong morale. The air engagement is a reminder that operations however well-planned carry risks. Air dominance is not simply about superior machines but real-time decision-making, jamming, radar countermeasures, and pilot skill. India emerged from the engagement with its credibility intact. The enemy was bloodied, morale hit, and escalation managed.

    Air Defence Triumph: Holding the Line

    On May 8 and 9, 2025, Pakistan attempted retaliatory missile strikes and indulged in drone warfare by Turkish drones but India’s integrated air defence network held firm. Systems like the indigenous Akash SAMs, S-400 Triumf batteries, L-70 anti-aircraft guns, and the command-and-control network Akashteer worked in seamless coordination to intercept and neutralize incoming aerial threats. These systems represented a layered shield—short, medium, and long-range defences working in tandem. Not many Indian casualties were reported across these two days. While it is tempting to credit hardware alone, this success was equally a victory for Indian military doctrine, training, radar discipline, and force synergy across the Army, Air Force, and strategic command. The S-400 system, sourced from Russia, showed its full battlefield integration with Indian command doctrine, while Akash and L-70 systems, developed by DRDO and BEL, demonstrated India’s growing self-reliance in air defence. These engagements proved that India is no longer reactive. It can now predict, pre-empt, and neutralize threats without waiting for external validation or international permission.

    Airbases Neutralized: A Blow to Pakistani Air Power

    The most daring component of Operation Sindoor came in the early hours of May 10, 2025. In a pre-dawn mission, India struck eleven Pakistani airbases with BrahMos cruise missiles and stand-off weapons. Airstrips, hardened aircraft shelters, radar systems, and command centers were targeted based on precise ISR data. These strikes disrupted the Pakistan Air Force’s sortie capability, grounded multiple squadrons, and paralyzed operational momentum.

    These weren’t merely punitive. They were strategic de-capacitation measures, designed to ensure that Pakistan could not sustain a second or third wave of escalation. Post-strike imagery, open-source analysis, and leaked intercepts confirm major damages at bases like Rahim Yar Khan, Sargodha, Bholari, Jacobabad & Nur Khan Airbase. Significant PAF infrastructure, including JF-17 hangars, SAAB Awacs, and early-warning systems, were taken offline.

    As per noted Defence & Security expert Shishir Gupta in HT, “India’s S-400 air defence system in Adampur went into action no less than 11 times during Operation Sindoor and destroyed a Pakistani SAAB-2000 airborne early warning system as far as 315 kilometres away deep in Pakistan”. He further goes on to report that “Indian Air Force also has proof of its missiles having downed one C-130 J medium lift aircraft, a JF-17 and two F-16 fighters on ground and in the air” & “..The Indian strikes took out a Chinese-made LY-80 air defence system using a HARPY kamikaze drone at Lahore, while an Indian missile took out the prized HQ-9 (Chinese version of S-300) at Malir in Karachi.”

    This phase also demonstrated India’s maturing offensive deterrence posture. The use of standoff missiles allowed deep strikes without exposing aircraft to enemy radar or engagement zones. The message was clear: India possesses both the will and the capability to cripple Pakistan’s retaliatory framework without boots on the ground.

    Redefining Deterrence: The End of “Plausible Deniability”

    Perhaps the most far-reaching impact of Operation Sindoor is the collapse of the false firewall Pakistan erected between its army and its jihadi proxies. For decades, GHQ Rawalpindi operated in the grey zone training, equipping, and deploying terrorists while pretending innocence. India, until now, often responded diplomatically, seeking proof and global condemnation. That model is now obsolete. By treating the Pahalgam attack as a state-sanctioned act of war, India has established a new doctrine: no differentiation between non-state actors and the state that shelters them. This strategic redefinition collapses the ambiguity that Pakistan exploited for decades and forces it to absorb the consequences of proxy warfare. This is more than retaliation it is deterrence by punishment. The world, too, is watching. While global powers may issue standard calls for restraint. The legitimacy of India’s counter-strikes is enhanced by its commitment to proportionality, non-targeting of civilian infrastructure, and avoidance of war escalation.

    Indus Waters Treaty in Abeyance: Weaponizing Asymmetry

    One of the boldest geopolitical moves during Operation Sindoor was India’s decision to place the Indus Waters Treaty (IWT) in abeyance. Long hailed as an example of transboundary cooperation, the IWT has persisted even through wars. However, in the face of repeated Pakistani provocation, it has become a one-sided symbol of Indian restraint. By moving to suspend water flows or delay data sharing and project clearances, India has signalled that economic levers are now part of the strategic toolkit. This asymmetric tool non-lethal but deeply consequential gives India leverage without inviting kinetic escalation. It allows New Delhi to exert economic, agricultural, and psychological pressure on Pakistan’s heartland in a prolonged conflict scenario. This step also sends a larger message: India will now integrate all dimensions of national power military, diplomatic, economic, technological into its response architecture.

    A Strategic Template for the Future

    Operation Sindoor is not just a successful operation it is a template. India has for the first time demonstrated where there was Rapid force mobilization with surgical precision, multi-platform integration of air, missile-based assets, Resilience and transparency in combat engagements, Defensive superiority using indigenous and imported systems, Asymmetric escalation through economic and hydrological tools and Geopolitical signalling without diplomatic fallout. This holistic approach marks India’s arrival as a mature regional power capable of defending its interests across the spectrum from grey-zone threats to full-spectrum deterrence. It is no longer about reactive diplomacy. India now leads with strength, speed, and clarity.

    Noted International Defence Expert, John Spencer in his Article, “India’s Wake-Up Call: Why US Defense Reform Must Match the Speed of Modern War”, in Small War Journal has quoted as below:

    “India’s overwhelming success demonstrated something more enduring than airpower. It validated a national defense doctrine built around efficient domestic industrial strength. And most significantly, it delivered a clear message to its strategic rival. Pakistan a Chinese proxy by armament, alignment, doctrine was completely outmatched. Its Chinese-made air defense systems could not stop, detect, or deter India’s precision strikes. In Sindoor, India didn’t just win. It demonstrated overwhelming military superiority against a Chinese-backed adversary.”

    Reflecting on the Brahmos strikes of Indian Russian joint venture and its integration with domestic Indian systems under Make in India Program, he goes on to highlight that, “In the skies over Pakistan, India didn’t just dominate. It redefined regional deterrence. India didn’t just talk about reform. It executed it. And it won. India has become a master of the physics of lethality. The United States can learn from their success and model some of their changes for its own needs. India’s success—and Ukraine’s innovation—should be a wake-up call. They are building the warfighting models of the future. The US is still operating with Cold War machinery and Gulf War assumptions.”

    Further in an Article dt 29th May 2029 on X, titled “India’s Operation Sindoor: A Battlefield Verdict on Chinese Weapons—And India’s Victory”, John Spencer goes on to write about India’s weapon systems used and exclaimed that:

     “India fought as a sovereign power wielding precision tool it designed, built, and deployed with unmatched battlefield control. Pakistan fought as a proxy force, dependent on Chinese hardware that was built for export, not for excellence. When challenged, these systems failed—exposing the strategic hollowness behind Islamabad’s defense posture. ….Operation Sindoor wasn’t just a military campaign. It was a technology demonstration, a market signal, and a strategic blueprint. India showed the world what self-reliance in modern warfare looks like and proved that “Atmanirbhar Bharat” works under fire.”

    Conclusion: Sindoor as a Strategic Line Drawn

    One of the articles written by Royal United Services Institute titled, “Calibrated Force: Operation Sindoor and the Future of Indian Deterrence”, on 21st May 2025 sums it up perfectly. It states that rather than serious analysis of India’s targeting methodology, command intent, or escalation thresholds, the western media coverage has focused instead on the air-to-air engagement that led to the probable loss of some Indian Air Assets. Undue prominence was given to the performance of specific platforms, with little regard for the broader operational context or the rules of engagement that shaped the encounter. Arguably more impressive than the operation’s reach was its restraint on the first day.

    The article on goes on say, “According to Indian officials, pilots operated under strict rules of engagement that prohibited initiating attacks on Pakistani aircraft or pre-emptively suppressing air defence systems. It suggests a political leadership determined to signal its intent with clarity: India was not interested in initiating a conflict with the Pakistani state, but rather in degrading a specific ecosystem of terrorist violence that exists in the country. In effect, India accepted heightened operational risk in pursuit of clear strategic messaging. Such discipline in the face of a capable adversary is neither automatic nor easy. Yet it may well have prevented a broader escalation spiral. That alone deserves more analytical attention than it has received”.

    There is a media narrative of Chinese experts in Bloomberg exulting on performance of Chinese platforms presents a distorted narrative as part of information warfare. The target here is to drown the Indian strategic success and overwhelming air-superiority of the Indian Airforce crippling Pakistani Airbases and infrastructure, taking out Chinese defence systems of which we have clear satellite imagery and proof. In any air-combat there are bound to be losses, the Americans have faced F-16 losses operated by Ukraine, American MQ-9 reaper drones were taken out by Houthis in Yemen, even the Chinese air defence systems of Pakistan were taken out by Indian Airforce in Operation Sindoor. Many of these narratives in international media are shaped by commercial interests of respective military-industrial complexes.

    However, what should matter is that the overall objective of targeted military operation carried out by India between 7th to 10th May 2025 has been achieved. Indian strategic objectives have been met without getting trapped into an elongated war like Vietnam, Afghanistan, Syria or Ukraine. Pakistan must remember that Operation Sindoor is not over yet and no amount of aid from IMF, World Bank, military aid from China (amounting to 80% its military hardware) or a Crypto deal with US corporations would be able to protect it from Indian response to state sponsored terrorism abetted by Pakistani military-intelligence apparatus.

    Operation Sindoor is a watershed in India’s military and geopolitical evolution. It transformed tragedy into a moment of clarity, demonstrating that the Indian state will no longer absorb terror as the cost of diplomacy. Every attack will now invite disproportionate retaliation measured not in rhetoric but in military and economic terms. By operationalizing deterrence, neutralizing terror nodes, blunting enemy retaliation, and avoiding escalation into war, India has delivered a sophisticated, high-impact campaign that redefines conflict dynamics in South Asia. The message is now loud and clear: There will be no safe havens. No immunity through proxies. And no peace without accountability. India has drawn a red line in blood and steel. Operation Sindoor thus showcases clinical execution of India’s military doctrine of Offensive Defence

     

  • MIL-OSI Global: Airbnb scams: new book explores thriving criminal activity on big tech platforms

    Source: The Conversation – Africa – By Julie Reid, Professor, University of South Africa

    Big tech sharing economy platforms like Airbnb and Uber are marketed as trustworthy, but a new book by a South African media scholar argues that they are highly vulnerable to scammers who spread delusive speech (a form of disinformation, designed to deceive by criminal intent).

    Julie Reid draws from first-hand accounts and over 600 cases from around the world of victims lured into scams or physical danger by fake Airbnb reviews and listings, providing a detailed case study. We asked her five questions about her book.

    How do the scams work?

    Airbnb is the world’s largest accommodation-sharing platform. It connects property owners who want to rent out their homes with travellers looking for alternatives to traditional hotels. The company recently expanded its offering and now facilitates the booking of other services like personal trainers or caterers along with accommodation rentals.

    Airbnb scams happen in several ways. The most obvious is the phantom listing scam. The scammer constructs a fake but attractive listing on Airbnb and accepts payments from unsuspecting guests. It’s only when guests arrive at the address that they discover the property doesn’t exist. Scammers have also learnt to navigate around Airbnb’s review system. Fake positive reviews are produced by scam host networks, making them appear to be authentic.

    Bait and switch scams are also common. Here the scam “host” contacts the guest on check-in day claiming the reserved property is suddenly unavailable. They offer alternative accommodation, which the guest later discovers is not as good as the original property they’ve paid for (which is often fictional). The guest pays for a premium rental but is forced to stay in a property that might be unsafe, unclean, or missing amenities.

    Scam hosts use misleading, plagiarised, or AI-generated property images and fake descriptions along with fake personal profiles and aliases.

    Delusive tactics also redirect guests away from the secure Airbnb payment portal to alternative payment methods. The scammer disappears with the money.

    But the danger isn’t limited to financial crimes. The platform’s business model is premised on staying in a stranger’s private property, which can put guests’ personal safety at risk.

    Criminal hosts can lure targets into dangerous environments. Once checked in, guests are isolated from public view, housed in a property to which the host has access.

    I’ve assessed multiple cases where Airbnb guests were assaulted, robbed with no signs of forced entry, raped, murdered, made victims of sexploitation, extortion or human trafficking, or held hostage.

    How does the disinformation work?

    I consider delusive speech a subset of disinformation because it presents intentionally misleading content at scale. But it differs from disinformation in its intentions. It isn’t done to promote a particular cause or gain ideological, military, or political advantage. Delusive speech is motivated purely by criminal intent or nefarious financial gain.



    Read more:
    The sharing economy can expose you to liability risks – here’s how to protect yourself

    Delusive speech works by hiding in plain sight on platforms we think we can trust, like Airbnb, Booking.com, Uber and others. Often, it’s indistinguishable from honest and genuine content. When users browse Airbnb listings for holiday accommodation, they’re presented with numerous options. A fake property listing looks, sounds and feels exactly the same as a genuine one.

    This happens on a platform that has built its brand narrative around the concept of trust. Scammers exploit these digital contexts of pre-established trust. When users log on to popular e-commerce or sharing economy platforms, they’re already primed to pay for something. It becomes relatively easy for scammers to delude targets into parting with their money.

    What can Airbnb do about it?

    Airbnb already has several trust and safety mechanisms in place. They include rapid response teams, an expert Trust and Safety Advisory Coalition and travel insurance for guests. The company claims to be trying to stop fake listings with machine learning technology.

    Sadly, none of these mechanisms work perfectly. While Airbnb promises to verify properties and host identities, my analysis exposes flaws in these systems. Scammers easily bypass verification tiers through aliases, forged documents and AI-generated material. Airbnb has admitted it needs to address the failures of its verification processes.



    Read more:
    How to stay safe in cyberspace: 5 essential reads

    My analysis uncovered how scammed guests are routinely denied the opportunity to post reviews of problematic rentals. Opaque terms of service and content policies allow Airbnb customer service agents and executives to justify censoring negative but honest guest reviews.

    This means dangerous and fraudulent activity goes publicly unreported and unreviewed, leaving future guests vulnerable. I argue that Airbnb’s review curation mechanisms should be revamped according to internationally recognised human rights frameworks that protect freedom of speech. This would allow for more honest accounts of guest experiences and create a safer online environment.

    Perhaps the most common complaint I encountered was that Airbnb doesn’t remove offending listings from its platform, even after a scammed guest provides evidence that the listing was posted by a fraudster. Airbnb must develop an urgent protocol for swiftly removing offending listings when discovered, to protect future guests from falling victim to the same scam trap.

    What can users do to protect themselves?

    Travellers can protect themselves by being extra cautious. Ask around. Seek recommendations from people you know and trust, and who can verify that the property you are booking actually exists and that the host is trustworthy.

    If that isn’t an option, consider an established hotel instead, but book directly with the hotel and not via third party sites like Booking.com where listings can easily be faked. Check on Google Street View to make sure the property is where it claims to be.

    Either way, have a Plan B in case things go wrong. Prepare ahead of your trip by deciding what you will do if you find yourself in an unsafe situation. And always, always, buy travel insurance.

    Is it part of a bigger problem?

    I assessed several digitally initiated scam categories in this book. While my main case study focused on Airbnb, the problem of delusive speech online isn’t unique to this platform. Delusive speech is now carried by all major tech platforms integral to everyday life.



    Read more:
    How Airbnb is reshaping our cities

    In the book, I also highlight how scammers operate in every corner of the internet, including dating apps like Grindr, Tinder and Hinge; ride-sharing services like Uber, Lyft and Bolt; travel sites like Booking.com and Hotels.com; and social media platforms like Facebook, Instagram and YouTube, among others.

    I hope that these examples will boost awareness of the risks of using these apps and sites.

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

    – ref. Airbnb scams: new book explores thriving criminal activity on big tech platforms – https://theconversation.com/airbnb-scams-new-book-explores-thriving-criminal-activity-on-big-tech-platforms-256806

    MIL OSI – Global Reports –

  • MIL-OSI Global: Togo’s citizens want to leave Ecowas – new survey suggests why

    Source: The Conversation – Africa – By Koffi Améssou Adaba, Enseignant et chercheur en sociologie politique, Université de Lomé

    A survey of Togolese citizens recently looked into perceptions of their government’s handling of the terrorist threat in the northern region and of the Alliance of Sahel States – Mali, Burkina Faso and Niger. The survey was carried out by Afrobarometer, an independent, pan-African research network, in partnership with the Center for Research and Opinion Polls.

    The Savanes region in northern Togo, bordering Burkina Faso, has become an area of insecurity since a jihadist attack in 2021. This security crisis is part of a broader context of growing destabilisation in west African countries, centred on the Sahel region. It led to the creation of the Alliance of Sahel States in July 2024. The survey also covered perceptions of foreign influence in Togo and discrimination against women and girls.

    Koffi Amessou Adaba, a political sociologist and one of the lead authors of the study, shares insights into the survey’s key findings, and the potential implications for Togo’s future.

    What are the key findings of the survey?

    The survey, which involved 53,444 people, reveals that 64% of Togolese believe the withdrawal of Mali, Burkina Faso and Niger from the Economic Community of West African States (Ecowas) to form the Alliance of Sahel States is “somewhat” or “very” justified. This view is driven by three main factors:

    • a perception that Ecowas is influenced by foreign powers

    • a widespread rejection of Ecowas sanctions against Sahel states

    • the belief that Ecowas failed to provide military support during those countries’ security crises.

    In addition, 54% of Togolese consider the presence of Russia (or the Wagner Group, now known as Africa Corps) in the Alliance of Sahel States to be beneficial. This trust in a non-western external actor reflects a profound shift in geopolitical perceptions in the region.

    Another important finding of this study is that 54% of Togolese believe their country would benefit from leaving Ecowas to join the Alliance of Sahel States.

    But opinions are split on whether the Alliance of Sahel States helps or hurts west African integration: 39% believe it doesn’t undermine regional integration, but 37% think it does.



    Read more:
    West Africa is changing: five essential reads on breakaways from Ecowas

    How do you make sense of the Togolese push to leave Ecowas?

    This sentiment reflects growing frustration with Ecowas, which many Togolese now see as out of touch with the region’s realities.

    The bloc is widely perceived as being too close to foreign powers and ineffective in responding to major security threats. Its repeated failures to help resolve Togo’s political crises (of 2005 and 2017 for example) have only deepened public disillusionment.

    This frustration is unfolding alongside a broader wave of pan-Africanism in the region, marked by a growing rejection of former colonial powers and their institutional ties.

    But this momentum should be approached with caution. The desire to leave Ecowas reflects anger and a strong appetite for change, not necessarily a clear assessment of the economic and diplomatic fallout such a move could bring.



    Read more:
    Ecowas breakup could push up food prices and worsen hunger in west Africa

    What do respondents think about terrorism in the north of the country?

    Nearly six in ten Togolese (59%) say they trust the government to contain or root out the terror threat. This shows broad support for official counter-terrorism efforts, although some question the current strategy.

    Opinions are especially split on how the crisis is communicated. Some find the messaging vague or lacking in transparency. Others think it helps keep people alert without sparking panic.

    The survey reveals deeper concerns. Even Togolese outside conflict zones report growing insecurity. The northern crisis appears to be fuelling nationwide anxiety.



    Read more:
    Mali is still unsafe under the military: why it hasn’t made progress against rebels and terrorists

    Should Togo leave Ecowas?

    Since tensions flared, Togo has been neutral. It has not openly condemned the Alliance of Sahel States countries and has maintained its membership of Ecowas. This careful stance reflects national sentiment – which leans towards support for the Alliance of Sahel States – while preserving Togo’s strategic and economic interests.

    This approach isn’t new. It’s part of a long-standing Togolese tradition of balanced, pragmatic diplomacy. The nation has always pursued pragmatic and independent foreign policy that adapts to regional dynamics.

    As west Africa’s geopolitical landscape shifts, Togo should:

    • maintain open cooperative relations with both Ecowas and the Alliance of Sahel States

    • preserve its strategic position as a logistics and trade hub for the region, particularly through the Port of Lomé

    • strengthen its image as a diplomatic force for stability in west Africa.



    Read more:
    Burkina Faso, Mali and Niger have a new defence alliance: an expert view of its chances of success

    Can Togo maintain its delicate balancing act?

    Togo’s careful balancing act remains its safest bet. The truth is, no one knows what the future holds for the Alliance of Sahel States bloc. But this middle ground gives Togo strategic flexibility regardless of how regional politics evolve.

    Togo’s position leaves it well-placed either way. If the Alliance of Sahel States countries rejoin Ecowas, Togo keeps its influence. If they don’t, it still benefits from its neutrality.

    Ultimately, Togo should keep playing this diplomatic card. Its measured approach offers rare stability in a volatile region.

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

    – ref. Togo’s citizens want to leave Ecowas – new survey suggests why – https://theconversation.com/togos-citizens-want-to-leave-ecowas-new-survey-suggests-why-256928

    MIL OSI – Global Reports –

  • MIL-OSI Africa: Airbnb scams: new book explores thriving criminal activity on big tech platforms

    Source: The Conversation – Africa – By Julie Reid, Professor, University of South Africa

    Big tech sharing economy platforms like Airbnb and Uber are marketed as trustworthy, but a new book by a South African media scholar argues that they are highly vulnerable to scammers who spread delusive speech (a form of disinformation, designed to deceive by criminal intent).

    Julie Reid draws from first-hand accounts and over 600 cases from around the world of victims lured into scams or physical danger by fake Airbnb reviews and listings, providing a detailed case study. We asked her five questions about her book.

    How do the scams work?

    Airbnb is the world’s largest accommodation-sharing platform. It connects property owners who want to rent out their homes with travellers looking for alternatives to traditional hotels. The company recently expanded its offering and now facilitates the booking of other services like personal trainers or caterers along with accommodation rentals.

    Routledge

    Airbnb scams happen in several ways. The most obvious is the phantom listing scam. The scammer constructs a fake but attractive listing on Airbnb and accepts payments from unsuspecting guests. It’s only when guests arrive at the address that they discover the property doesn’t exist. Scammers have also learnt to navigate around Airbnb’s review system. Fake positive reviews are produced by scam host networks, making them appear to be authentic.

    Bait and switch scams are also common. Here the scam “host” contacts the guest on check-in day claiming the reserved property is suddenly unavailable. They offer alternative accommodation, which the guest later discovers is not as good as the original property they’ve paid for (which is often fictional). The guest pays for a premium rental but is forced to stay in a property that might be unsafe, unclean, or missing amenities.

    Scam hosts use misleading, plagiarised, or AI-generated property images and fake descriptions along with fake personal profiles and aliases.

    Delusive tactics also redirect guests away from the secure Airbnb payment portal to alternative payment methods. The scammer disappears with the money.

    But the danger isn’t limited to financial crimes. The platform’s business model is premised on staying in a stranger’s private property, which can put guests’ personal safety at risk.

    Criminal hosts can lure targets into dangerous environments. Once checked in, guests are isolated from public view, housed in a property to which the host has access.

    I’ve assessed multiple cases where Airbnb guests were assaulted, robbed with no signs of forced entry, raped, murdered, made victims of sexploitation, extortion or human trafficking, or held hostage.

    How does the disinformation work?

    I consider delusive speech a subset of disinformation because it presents intentionally misleading content at scale. But it differs from disinformation in its intentions. It isn’t done to promote a particular cause or gain ideological, military, or political advantage. Delusive speech is motivated purely by criminal intent or nefarious financial gain.

    Read more: The sharing economy can expose you to liability risks – here’s how to protect yourself

    Delusive speech works by hiding in plain sight on platforms we think we can trust, like Airbnb, Booking.com, Uber and others. Often, it’s indistinguishable from honest and genuine content. When users browse Airbnb listings for holiday accommodation, they’re presented with numerous options. A fake property listing looks, sounds and feels exactly the same as a genuine one.

    This happens on a platform that has built its brand narrative around the concept of trust. Scammers exploit these digital contexts of pre-established trust. When users log on to popular e-commerce or sharing economy platforms, they’re already primed to pay for something. It becomes relatively easy for scammers to delude targets into parting with their money.

    What can Airbnb do about it?

    Airbnb already has several trust and safety mechanisms in place. They include rapid response teams, an expert Trust and Safety Advisory Coalition and travel insurance for guests. The company claims to be trying to stop fake listings with machine learning technology.

    Sadly, none of these mechanisms work perfectly. While Airbnb promises to verify properties and host identities, my analysis exposes flaws in these systems. Scammers easily bypass verification tiers through aliases, forged documents and AI-generated material. Airbnb has admitted it needs to address the failures of its verification processes.

    Read more: How to stay safe in cyberspace: 5 essential reads

    My analysis uncovered how scammed guests are routinely denied the opportunity to post reviews of problematic rentals. Opaque terms of service and content policies allow Airbnb customer service agents and executives to justify censoring negative but honest guest reviews.

    This means dangerous and fraudulent activity goes publicly unreported and unreviewed, leaving future guests vulnerable. I argue that Airbnb’s review curation mechanisms should be revamped according to internationally recognised human rights frameworks that protect freedom of speech. This would allow for more honest accounts of guest experiences and create a safer online environment.

    Perhaps the most common complaint I encountered was that Airbnb doesn’t remove offending listings from its platform, even after a scammed guest provides evidence that the listing was posted by a fraudster. Airbnb must develop an urgent protocol for swiftly removing offending listings when discovered, to protect future guests from falling victim to the same scam trap.

    What can users do to protect themselves?

    Travellers can protect themselves by being extra cautious. Ask around. Seek recommendations from people you know and trust, and who can verify that the property you are booking actually exists and that the host is trustworthy.

    If that isn’t an option, consider an established hotel instead, but book directly with the hotel and not via third party sites like Booking.com where listings can easily be faked. Check on Google Street View to make sure the property is where it claims to be.

    Either way, have a Plan B in case things go wrong. Prepare ahead of your trip by deciding what you will do if you find yourself in an unsafe situation. And always, always, buy travel insurance.

    Is it part of a bigger problem?

    I assessed several digitally initiated scam categories in this book. While my main case study focused on Airbnb, the problem of delusive speech online isn’t unique to this platform. Delusive speech is now carried by all major tech platforms integral to everyday life.

    Read more: How Airbnb is reshaping our cities

    In the book, I also highlight how scammers operate in every corner of the internet, including dating apps like Grindr, Tinder and Hinge; ride-sharing services like Uber, Lyft and Bolt; travel sites like Booking.com and Hotels.com; and social media platforms like Facebook, Instagram and YouTube, among others.

    I hope that these examples will boost awareness of the risks of using these apps and sites.

    – Airbnb scams: new book explores thriving criminal activity on big tech platforms
    – https://theconversation.com/airbnb-scams-new-book-explores-thriving-criminal-activity-on-big-tech-platforms-256806

    MIL OSI Africa –

  • MIL-OSI China: Fiscal, financial reforms to boost China’s development zones: Expert

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

    China’s national-level economic and technological development zones (ETDZs), long recognized as crucial drivers of economic growth and technological innovation, are set to undergo a significant upgrade, according to Luo Weijie, an economist focusing on macroeconomy and fiscal policies. 

    On May 21, the Ministry of Commerce released a work plan aimed at deepening reform and innovation in the country’s ETDZs. The plan outlines 16 targeted measures across four key areas, including encouraging foreign investment in sectors such as biomedicine and high-end equipment manufacturing, and supporting the export of digital services.

    Luo Weijie, associate professor of economics at Beijing International Studies University, pointed out that the new fiscal and financial support measures for ETDZs are expected to play a greater role in driving economic growth, attracting investment and promoting innovation. Once in place, the measures will facilitate the ETDZs to achieve high-quality development and contribute to China’s broader economic strategy. 

    One of the key measures is supporting entities that are involved in the construction and operation of development zones in going public to raise funds. According to Luo, this will provide the entities with more capital to accelerate infrastructure construction and improve the carrying capacity of the zones. He cites the Suzhou Industrial Park’s development entity, China-Singapore Suzhou Industrial Park Development Group Co. Ltd.’s successful public listing on the A-share market, as a prime example of how such financing can provide robust support for the development of ETDZs.

    Another measure outlined in the plan is providing more precise financial support to small- and medium-sized enterprises (SMEs) based on their contributions to innovation, which is important because SMEs frequently face difficulties in obtaining financing, despite often serving as the driving force behind innovation and job creation. Luo emphasized that through targeted financial support, these SMEs will have more resources to invest in R&D, technology upgrades and market expansion, thereby enhancing their competitiveness and contributing to the overall innovation ecosystem of the development zones.

    The plan allows local governments to use special-purpose bonds and other funds more flexibly to support the development of national-level ETDZs. As such, local governments will be able to allocate these funds to key areas such as infrastructure construction, public service platforms and major industrial projects within the zones, which Luo explained will boost the overall investment environment and attractiveness of the zones. For instance, in the first three months of 2025, local governments in China issued new bonds worth nearly 1.24 trillion yuan, including around 960 billion yuan in special-purpose bonds. This kind of financial support can significantly boost the development of ETDZs by providing them with the necessary capital for projects that can drive economic growth and job creation.

    In line with China’s commitment to green development, the plan encourages ETDZs to develop green financial services to support the growth of green, low-carbon and circular industries. By integrating green finance into the development of ETDZs, China aims to promote sustainable economic growth while addressing environmental challenges. According to Luo, this will not only help to reduce the carbon footprint of the zones, but also create new opportunities for green industries and technologies in the global transition toward a low-carbon economy.

    On May 27, the State Council Information Office hosted a policy briefing on the work plan, providing detailed data regarding the achievements of the zones. At the briefing, Ling Ji, vice minister of commerce and deputy China international trade representative, highlighted the critical role that ETDZs are playing in opening up and development. 

    Ling pointed out that China has so far established more than 230 national-level ETDZs. In 2024, these zones collectively achieved $27.2 billion in actual foreign direct investment (FDI), or 23.4% of the national total, which demonstrates the significant role these zones play in attracting investment and driving economic growth.

    As China continues to leverage ETDZs as key platforms for economic development, Luo anticipates that these zones will likely have a profound impact on both the domestic and global economic landscapes.

    MIL OSI China News –

  • MIL-OSI China: China’s auto industry association warns against destructive ‘involution’ in NEV market

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

    The China Association of Automobile Manufacturers (CAAM) has announced an industry-wide initiative urging automakers to avoid disorderly competition in the country’s booming new energy vehicle (NEV) market.

    The statement emphasized that while China’s NEV industry has seen rapid growth, with new energy vehicles accounting for over 40 percent of new car sales, the industry has experienced declining profitability recently, largely due to the rise of “involution-style” competition marked by disorderly price wars.

    Continuous investment is essential to ensure product support and drive innovation, yet disorderly price wars are severely disrupting business operations, threatening the stability of industrial and supply chains, and dragging the sector into a vicious cycle, the CAAM said.

    The CAAM noted that recent sharp price cuts, initiated by a major carmaker on May 23 and subsequently followed by others, have sparked market panic.

    Such price wars, the association warned, are squeezing profit margins, undermining service quality, and putting the industry’s development at risk. They also endanger consumer rights and could lead to broader safety issues.

    All companies should strictly adhere to the principles of fair competition, while leading enterprises should not seek to squeeze the space of other players for the purpose of gaining monopoly, the CAAM continued.

    Apart from lawful price adjustments, firms must not sell their products below cost, engage in deceptive marketing practices, or disrupt market order in ways that harm the fundamental interests of the industry and consumers, according to the CAAM.

    Companies are also encouraged to conduct self-inspections in line with relevant national laws and regulations, it added.

    MIL OSI China News –

  • Trump pulls Musk ally’s NASA nomination, will announce replacement

    Source: Government of India

    Source: Government of India (4)

    The White House withdrew on Saturday its nominee for NASA administrator, Jared Isaacman, abruptly yanking a close ally of Elon Musk from consideration to lead the space agency.

    President Donald Trump said he would announce a new candidate soon.

    “After a thorough review of prior associations, I am hereby withdrawing the nomination of Jared Isaacman to head NASA,” Trump wrote on his Truth Social site.

    “I will soon announce a new nominee who will be mission aligned, and put America First in space.”

    Isaacman, a billionaire private astronaut who had been Musk’s pick to lead NASA, was due next week for a much-delayed confirmation vote before the U.S. Senate. His removal from consideration caught many in the space industry by surprise.

    Trump and the White House did not explain what led to the decision.

    “It may not always be obvious through the discourse and turbulence, but there are many competent, dedicated people who love this country and care deeply about the mission,” Isaacman said in a post on X.

    “That was on full display during my hearing, where leaders on both sides of the aisle made clear they’re willing to fight for the world’s most accomplished space agency.

    “I am incredibly grateful to President Trump, the Senate and all those who supported me.”

    His removal comes days after Musk’s official departure from the White House, where the SpaceX CEO’s role as a “special government employee” leading the Department of Government Efficiency created turbulence for the administration and frustrated some of Trump’s aides.

    Semafor reported the news earlier.

    According to a person familiar with his reaction, Musk was disappointed by Isaacman’s removal.

    “It is rare to find someone so competent and good-hearted,” Musk wrote of Isaacman on X, responding to the news.

    It was unclear whom the administration might tap to replace Isaacman.

    One name being floated is retired U.S. Air Force Lieutenant General Steven Kwast, an early advocate for the setting-up of the U.S. Space Force and Trump supporter, according to three people familiar with the discussions.

    Isaacman, the former CEO of payment processor company Shift4, had broad space industry support but faced concerns from lawmakers over his ties to Musk and SpaceX, where he spent hundreds of millions of dollars as an early private spaceflight customer.

    The former nominee had donated to Democrats in prior elections. In his confirmation hearing in April, he sought to balance NASA’s existing moon-aligned space exploration strategy with pressure to shift the agency’s focus on Mars, saying the U.S. can plan for travel to both destinations.

    As a potential leader of NASA’s roughly 18,000 employees, Isaacman faced a daunting task of implementing that decision to prioritize Mars, given that NASA has spent years and billions of dollars trying to return its astronauts to the moon.

    On Friday, the space agency released new details of the Trump administration’s 2026 budget plan that proposed killing dozens of space science programs and laying off thousands of employees, a controversial overhaul that space advocates and lawmakers described as devastating for the agency.

    Montana Republican Tim Sheehy, a member of the Senate Commerce, Science and Transportation committee, wrote on X that Isaacman “was a strong choice by President Trump to lead NASA” in response to reports of his departure.

    “I was proud to introduce Jared at his hearing and strongly oppose efforts to derail his nomination,” Sheehy said.

    Some scientists saw the nominee change as further destabilizing to NASA as it faces dramatic budget cuts without a confirmed leader to navigate political turbulence among Congress, the White House and the agency’s workforce.

    “So not having (Isaacman) as boss of NASA is bad news for the agency,” Harvard-Smithsonian astronomer Jonathan McDowell said on X.

    “Maybe a good thing for Jared himself though, since being NASA head right now is a bit of a ‘Kobayashi Maru’ scenario,” McDowell added, referring to a no-win situation cadets face in the science fiction franchise Star Trek.

    (Reuters)

  • MIL-OSI Video: POV: SOAR to the rescue!

    Source: US Army (video statements)

    160th SOAR training with the USCG Advanced Helicopter Rescue School.

    About the U.S. Army: The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force. Interested in joining the U.S. Army? Visit:
    spr.ly/6001igl5L
    Connect with the U.S. Army online: Web:
    https://www.army.mil
    Facebook:
    https://www.facebook.com/USarmy/
    X:

    Instagram:
    https://www.instagram.com/usarmy/
    LinkedIn:
    https://www.linkedin.com/company/us-army
    #USArmy #Soldiers #Military #Shorts #Army

    https://www.youtube.com/watch?v=w7TTC7Yn7o4

    MIL OSI Video –

  • MIL-OSI China: China’s railway travel surges as Dragon Boat Festival holiday begins

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

    China’s railway network is expected to handle 17.8 million passenger trips on Saturday, the first day of the Dragon Boat Festival holiday, according to the national railway operator.

    To meet the surge in travel demand, a total of 1,029 additional trains have been scheduled on Saturday, said China State Railway Group Co., Ltd., adding that 15.78 million passengers were transported on Friday, with operations running smoothly and safely.

    Top destinations include Beijing, Guangzhou, Shanghai, Chengdu, Hangzhou, Nanjing, and Zhengzhou, the railway company said.

    It added that railway authorities nationwide are increasing transport capacity, enhancing station services, and introducing cultural activities to further improve the passenger experience.

    China’s railway network is expected to handle approximately 80.5 million passenger trips during the five-day travel rush around the holiday.

    MIL OSI China News –

  • MIL-OSI China: China vows to tackle “involution-style” competition in auto sector

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

    China’s Ministry of Industry and Information Technology (MIIT) said Saturday it will intensify efforts to tackle “involution-style” competition in the country’s auto industry, vowing to strengthen oversight and safeguard a fair and orderly market environment.

    The announcement came after the China Association of Automobile Manufacturers (CAAM) launched an initiative calling on companies to maintain fair competition and foster healthy industry growth.

    In response, the MIIT voiced support for the proposal and warned that recent disorderly price wars have significantly disrupted normal business operations and posed a threat to the industry’s healthy and sustainable development, according to an official with the ministry.

    Noting that while the ministry encourages enterprises to reduce production costs through technological and managerial innovation and deliver higher-quality and cost-effective products to consumers, the official stressed that disorderly price cuts undermine research and development investment, erode product and service quality, and may even lead to safety issues that harm consumer rights.

    Such competition is a classic case of involution, the official said, adding that it will only weaken the momentum for industry development over time. “There are no winners in a price war, nor is there any future,” the official warned.

    To address the issue, the MIIT will ramp up efforts to rein in involution-style competition in the auto sector. Measures include promoting industrial structure upgrades, strengthening random inspections for product consistency, cooperating with relevant authorities in combating unfair competition, and adopting necessary regulatory actions.

    The official also called on companies to enhance their innovation, improve their product quality and service, and fulfill their social responsibilities.

    The CAAM earlier announced an industry-wide initiative urging automakers to safeguard fair and orderly competition in the country’s booming new energy vehicle (NEV) market.

    The statement emphasized that while China’s NEV industry has seen rapid growth, with NEVs accounting for over 40 percent of new car sales, the industry has seen declining profitability recently, largely due to the rise of involution-style competition marked by disorderly price wars.

    The CAAM noted that recent sharp price cuts, initiated by a major carmaker on May 23 and subsequently followed by others, have sparked market panic.

    All companies should strictly adhere to the principles of fair competition, while leading enterprises should not seek to squeeze the space of other players for the purpose of gaining monopoly, it said.

    Apart from lawful price adjustments, firms must not sell their products below cost, engage in deceptive marketing practices, or disrupt market order in ways that harm the fundamental interests of the industry and consumers, according to the CAAM.

    MIL OSI China News –

  • MIL-OSI China: Chinese medical team, peacekeepers donate essentials to orphans in South Sudan

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

    The 12th batch of the Chinese medical team, in partnership with the 11th Chinese peacekeeping infantry battalion in South Sudan, on Friday donated essential goods to orphaned children at the Confident Children out of Conflict (CCC) Orphanage.

    The group donated milk powder, mosquito nets, maize flour, washing powder, books, school bags, soap, flip-flops, tables, and chairs, among other items.

    Robert Bida Samson, executive director of the CCC, a charity organization, said support from the Chinese medical teams over the past years has helped ease the burden of taking care of these children.

    “The Chinese medical teams have stood with the CCC, making sure that all the children receive medical services, screening them both here at the center and also in Juba Teaching Hospital when the sickness is too serious,” Bida said during the donation ceremony in Juba, the capital of South Sudan.

    The ceremony, held under the theme “One Sky One Dream,” coincided with the celebration of the 100th visit of the Chinese medical team to orphanages in South Sudan.

    Established in 2007, the center is home to orphans, abandoned children, and survivors of revenge attacks and gender-based violence.

    Bida commended the regular visits by the Chinese medical team, noting that these are critical to their longstanding partnership, which has empowered many vulnerable children at the center.

    “Some of these children are soon finishing school. I urge that through your empowerment, some of them could get employed at Juba Teaching Hospital to share responsibility with you,” he said.

    Gift Gibson Natana, deputy director general at Juba Teaching Hospital, commended the Chinese medical team for their dedication to providing medical services to orphans and communities in remote areas.

    “These programs benefit tens of thousands of vulnerable people,” Natana said.

    The 12th batch of the Chinese medical team, prior to visiting the CCC, also visited Juba Orphanage and Rock City Orphanage.

    Liu Hongyong, commander of the Chinese peacekeeping infantry battalion to the United Nations Mission in South Sudan (UNMISS), expressed hope that the support provided to the children would empower them to realize their future dreams.

    “We wish the children of the orphanage a joyful International Children’s Day. May this contribution add color to their lives and wings to their dreams. May they grow up healthy and strong,” Liu said.

    Huo Ying, deputy chief of mission at the Chinese Embassy in South Sudan, expressed her gratitude to the Chinese medical team and the Chinese peacekeeping force for their contribution toward peace and development in South Sudan.

    “These contributions made by the Chinese medical team have been a valuable legacy in bilateral friendship,” Huo said.

    She noted that the Chinese peacekeeping forces are participating in the UN peacekeeping operations in South Sudan, while the Chinese medical team is protecting the public health security of the South Sudanese.

    Huo also commended the contributions of Chinese companies toward the development of South Sudan, stressing that the Chinese people will always be the friends of the South Sudanese people.

    MIL OSI China News –

  • MIL-OSI Economics: ADB President Announces $10 Billion Plan for India’s Urban Transformation

    Source: Asia Development Bank

    ADB President Masato Kanda announced a 5-year initiative aimed at transforming urban infrastructure across India, directing up to $10 billion, including third-party capital, into urban transformation including metro extensions, new regional rapid transit system corridors, and urban infrastructure and services.

    MIL OSI Economics –

  • MIL-OSI USA: Mfume, House and Senate Democrats Send Letter Calling on GAO to Investigate Federal Worker Firings

    Source: United States House of Representatives – Congressman Kweisi Mfume (MD-07)

    WASHINGTON, D.C. –  In response to the Trump Administration’s unprecedented purge of tens of thousands of federal workers without cause, Ranking Member of the House Committee on Oversight and Government Reform Subcommittee on Government Operations Rep. Kweisi Mfume (MD-07), Ranking Member of the House Appropriations Subcommittee on Financial Services and General Government (FSGG) Congressman Steny H. Hoyer (MD-05), Ranking Member of the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies Senator Chris Van Hollen (D-MD), Ranking Member of the Senate Appropriations Subcommittee on FSGG Senator Jack Reed (D-RI), Ranking Member of the Senate Committee on Homeland Security and Governmental Affairs Senator Gary Peters (D-MI), Acting Ranking Member on the House Committee on Oversight and Government Reform Rep. Stephen F. Lynch (MA-08), and Ranking Member of the House Committee on Oversight and Government Reform Subcommittee on Delivering On Government Efficiency (DOGE) Rep. Melanie Stansbury (NM-01) led more than 30 Democrats in sending a letter to Comptroller General of the United States Gene L. Dodaro calling on the Government Accountability Office (GAO) to provide Congress with regular updates on how the Trump Administration’s personnel actions are affecting the federal workforce.

    “Over the past several months, the civil service has undergone an unprecedented level of change as tens of thousands of federal employees have been terminated, resigned, or placed on administrative leave,” the Members wrote. “Americans are already feeling the consequences – longer wait times for Social Security assistance, delayed veterans’ benefits, and disrupted disaster response are just a few examples of how these personnel actions are impacting people across the country. We are deeply concerned about the impact these actions will have on our government’s capacity to design, develop and deliver efficient services that connect agencies with the people they serve and meet the needs of the public.”

    Signatories include: Senator Angela D. Alsobrooks; Rep. Yassamin Ansari; Rep. Wesley Bell; Rep. Donald Beyer; Rep. Sanford D. Bishop, Jr.; Senator Richard Blumenthal; Rep. Shontel Brown; Rep. Greg Casar; Rep. Jasmine Crockett; Rep. Sarah Elfreth; Rep. Maxwell Frost; Rep. Robert Garcia; Rep. Glenn Ivey; Senator Timothy Kaine; Rep. Ro Khanna; Rep. Raja Krishnamoorthi; Rep. Summer Lee; Rep. April McClain Delaney; Rep. Jennifer McClellan; Rep. Dave Min; Senator Patty Murray; Rep. Eleanor Holmes Norton; Senator Alex Padilla; Rep. Emily Randall; Rep. Jamie Raskin; Senator Bernard Sanders; Senator Brian Schatz; Rep. Lateefah Simon; Rep. Suhas Subramanyam; Rep. Rashida Tlaib; Rep. Eugene Vindman; and Senator Mark R. Warner.

    The full text of the letter is included below:

    May 29, 2025
     

    The Honorable Gene L. Dodaro
    Comptroller General of the United States
    Government Accountability Office
    441 G Street, N.W.
    Washington D.C. 20548

    Dear Comptroller General Dodaro:

    The 2 million federal employees who work across our country are the backbone of our federal government and are responsible for delivering vital services to the American people. These individuals dedicate their lives to public service and ensure our government fulfills its mission to make our country safer, healthier and more prosperous.

    Over the past several months, the civil service has undergone an unprecedented level of change as tens of thousands of federal employees have been terminated, resigned, or placed on administrative leave. Americans are already feeling the consequences – longer wait times for Social Security assistance, delayed veterans’ benefits, and disrupted disaster response are just a few examples of how these personnel actions are impacting people across the country. We are deeply concerned about the impact these actions will have on our government’s capacity to design, develop and deliver efficient services that connect agencies with the people they serve and meet the needs of the public.

    To assist our oversight of the federal government’s personnel actions, we request that the Government Accountability Office provide us with regular briefings to ensure Congress has timely data and information on the status of the federal workforce. Specifically, we request that GAO begin providing the information following each quarter through the end of fiscal year 2028 to be scheduled in coordination with applicable staff. Information on the total number of the following groups of federal employees in the 24 CFO agencies categorized by agency of employment, location, occupation and tenure by quarter –

    a. All terminated federal employees who are separated for any reason;

    b. Federal employees who took the deferred resignation program offer;

    c. Federal employees in their probationary period;

    d. Federal employees in their probationary period who were terminated;

    e. Federal employees on administrative leave.

    f. Federal employees hired.

    Any difficulties experienced by the Office of Personnel Management (OPM) in its collection, analysis, and publication of human capital data.

    Thank you for your attention to this matter.

    Sincerely,

    ###

    MIL OSI USA News –

  • MIL-OSI Australia: Light Rail Stage 2A business support measures

    Source: Northern Territory Police and Fire Services

    The ACT Government has announced a targeted business support package.

    In brief

    • The ACT Government is providing support to help the businesses impacted by light rail construction work in and around London Circuit.
    • Support is both practical and financial.
    • The initiatives aim to ease cost pressures and encourage visitation to the area.

    The ACT Government is providing support to help the businesses impacted by light rail construction work in and around London Circuit.

    Support is both practical and financial, with a focus on easing cost pressures and encouraging visitation to the area.

    The package was informed by the impacted businesses and designed to help during the disruption.

    Light Rail Stage 2A business support measures

    • Free parking Wednesday to Sunday evenings from 5:30pm (effective immediately) at nearby public car parks including:
      • Theatre Lane Car Park (opposite Sydney Building)
      • City Hill Car Park (Section 116)
      • Canberra Olympic Pool Car Park (City southeast)
      • Note: The existing parking hours at Hobart Place are already aligned with these times.
    • Outdoor dining permit fee waivers from 1 July 2025 for businesses directly impacted by construction activities
    • New CCTV cameras to be installed and upgraded around London Circuit to support safety during night-time trading
    • A campaign launching mid-year to promote that London Circuit is open for business, spotlighting local venues and retailers
    • Place making improvements including additional lighting delivered by the City Renewal Authority
    • Business Capability Building Program offering free tailored advice

    Expanded liquor licence fee reductions

    This targeted package will be supported from 1 July by expanded liquor licence fee reductions available to all eligible ACT hospitality businesses up to a 350-person capacity, building on significant reductions introduced in 2024.

    An automatic 50% liquor fee reduction will be expanded to cafes, restaurants and general licences up to 150-person capacity.

    Previously the 50% discount was only applicable to cafes and restaurants up to 80-person capacity.

    A 50% liquor fee reduction will be expanded to venues showcasing artists between 151 to 350-person capacity, available upon application, in addition to the existing fee reduction of 80% for venues up to 150-person capacity.

    Support local

    Light Rail is transforming the city into a vibrant and well-connected place to do business.

    However, with construction there is an impact on nearby business.

    Canberrans are encouraged to show their support by visiting their favourite businesses in the city.

    More information

    Business owners in the London Circuit area will be contacted directly with further information on how to access support. The ACT Government will continue engaging with stakeholders as the project progresses.

    Click here for more information.

    Get ACT news and events delivered straight to your inbox, sign up to our email newsletter:


    MIL OSI News –

  • MIL-OSI Asia-Pac: Smart devices slash water waste

    Source: Hong Kong Information Services

    With the launch of the Water Smart Taskforce Programme, the Water Supplies Department (WSD) is on track this year to save a large amount of precious water with the use of smart meter readers and data analytics.

    The department knows that water is an integral part of our daily lives given that each Hong Kong resident currently consumes an average of about 130 litres of water per day.

    Detecting waste

    In order to strengthen the promotion of water conservation, the WSD has commissioned the Centre for Water Technology & Policy at the University of Hong Kong to carry out the programme, from February this year until early next year.

    The department is inviting about 1,000 domestic and non-domestic customers of high water consumption in phases to join the programme that enables a taskforce to conduct detailed “water-usage check-ups” for such customers, helping them to understand their water consumption habits.

    According to department’s big data analytics, about 1% of domestic customers account for over 15% of the city’s total domestic water consumption.

    WSD Senior Engineer (Water Conservation) Peter Fung explained how the programme detects such water wastage.  

    “To analyse the causes for high consumption, the taskforce uses a smart water meter reader with high precision and artificial intelligence (AI)-powered technologies to analyse customers’ water usage data. For example, the taskforce can identify whether domestic water usage is mainly for cooking, laundry or showering, and compare these findings with the averages of other households.”

    He highlighted that the programme will help customers understand their water usage habits or even identify potential leaks, enabling them to take early and appropriate actions to reduce their water bills. The programme aims to reduce water usage by 500,000 cubic metres this year, which is equivalent to 200 Olympic-sized swimming pools.

    Precision diagnostics

    Customers participating in the programme will engage in an eight-week water conservation campaign. The taskforce will install smart water meter readers on the existing meters, without requiring any pipe modifications or affecting the water supply. The data will then be transmitted to the University of Hong Kong (HKU) for AI-driven analysis, detecting abnormalities and potential leaks.

    HKU’s Centre for Water Technology & Policy Executive Director Fredrick Lee shared more information on how the programme works.

    “In the third week of the water conservation campaign, we will make use of AI technologies to analyse the water usage data that we have collected by the smart water meter readers, and should we determine any abnormalities in the water usage pattern, we will make use of an algorithm developed in-house to look into the root causes and problems. We will give midterm reports with personalised water-saving advice to the programme participants and they can then change their water usage behaviour accordingly.”

    By the end of the eight-week programme, final reports will be provided to the participants, from that they can understand clearly how their water conservation efforts are taking effect.

    Mr Lee emphasised that among the first batch of the programme participants in the domestic sector, more than 80% of them were able to reduce their water consumption.

    Corporate participation

    A company with three hotels, which consistently experiences high water consumption, has been invited to participate in the programme. The head of the company’s sustainability department believes the programme can help them to gain a more comprehensive understanding of their hotels’ water consumption patterns and distribution.

    Property & Hotel Group Sustainability Department General Manager Amie Lai described their experience as a win-win once they put the programme to the test.

    “The smart water meter readers continuously monitor the water consumption in the hotels, providing granular data for analysis and visualisation on the cloud platform. The system facilitates improvements and allows our colleagues to implement specific and effective actions promptly.”

    She added that the programme empowers their hotels to uncover water-saving opportunities, slash utility costs and enhance sustainable water management, thereby advancing their sustainability goals.

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: SBA Offers Disaster Assistance to Kansas Small Businesses, Private Nonprofits and Residents Affected by May Storms

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to Kansas small businesses, private nonprofits and residents to offset physical and economic losses from the severe storm and tornado occurring May 18. The SBA issued a disaster declaration in response to a request SBA received from Gov. Laura Kelly on May 28.

    The disaster declaration covers the Kansas counties of Gove, Graham, Lane, Logan, Ness, Scott, Sheridan, Thomas and Trego.

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

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

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

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

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

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

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

    Beginning Tuesday, June 3, SBA customer service representatives will be on hand at the Disaster Loan Outreach Center (DLOC) to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application. Walk-ins are accepted, but you can schedule an in-person appointment in advance at appointment.sba.gov.

    The DLOC hours of operations are as follows.

    GOVE COUNTY
    Disaster Loan Outreach Center
    Grinnell Senior Center
    105 S. Adams St.
    Grinnell, KS  67738

    Opens at 11 a.m., Tuesday, June 3

    Mondays – Fridays, 8:00 a.m. – 4:30 p.m.

    Closes at 4:30 p.m., Wednesday, June 25

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

    The deadline to return physical damage applications is July 28, 2025. The deadline to return economic injury applications is March 2, 2026.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-OSI USA: SBA Opens Disaster Loan Outreach Center in Benton

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced today the opening of a Disaster Loan Outreach Center (DLOC) in Saline County to assist small businesses, private nonprofit (PNP) organizations and residents affected by severe storms, tornadoes and flooding occurring April 2-22.

    Beginning Monday, June 2, SBA customer service representatives will be on hand at the Disaster Loan Outreach Center in Benton to answer questions and assist with the disaster loan application process. No appointment is necessary, walk-ins are welcome. Those who prefer to schedule an in-person appointment in advance can do so at appointment.sba.gov.

    The center’s hours of operation are as follows:

    SALINE COUNTY
    Disaster Loan Outreach Center
    Saline County Career and Technical Campus
    Conference Room B202
    13600 I-30 North
    Benton, AR  72015

    Opens at 8:00 a.m., Monday, June 2

    Mondays – Fridays, 8:00 a.m. – 4:30 p.m.

    Closes at 4:30 p.m., Friday, June 20

    The following DLOCs are open and continue to serve survivors:

    SHARP COUNTY
    Disaster Loan Outreach Center
    City Hall – Cave City
    Conference Room
    Entrance and parking at back of building
    201 S. Main St.
    Cave City, AR  72521

    Mondays – Fridays, 9:00 a.m. – 6:00 p.m.
    Saturdays, 9:00 a.m. – 1:00 p.m.

    SHARP COUNTY
    Disaster Loan Outreach Center
    Hardy Fire Station
    203 Church St.
    Hardy, AR  72542

    Mondays – Fridays, 9:00 a.m. – 6:00 p.m.
    Saturdays, 9:00 a.m. – 1:00 p.m.

    “When disasters strike, SBA’s Disaster Loan Outreach Centers perform an important role by assisting small businesses and their communities,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the U.S. Small Business Administration. “At these centers, our SBA specialists help business owners and residents apply for disaster loans and learn about the full range of programs available to support their recovery.”

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

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

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

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

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

    Interest rates are as low as 4% for small businesses, 3.62% for nonprofits, and 2.75% for homeowners and renters with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA determines eligibility and sets loan amounts and terms based on each applicant’s financial condition.

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

    The deadline to return physical damage applications is July 21, 2025. The deadline to return economic injury applications is Feb. 23, 2026.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-OSI USA: Cantwell, Colleagues Urge Additional Funding to Keep Communities Safe

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    05.31.25
    Cantwell, Colleagues Urge Additional Funding to Keep Communities Safe
    WASHINGTON, D.C. – U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Senate Finance Committee, joined 29 Senate Democratic colleagues in urging the Senate Committee on Appropriations to fund the Community Oriented Policing Services (COPS) Hiring Program at a minimum of $270 million for Fiscal Year 2026.
    In Fiscal Year 2024, six police departments in Washington state received a total of $3.75M to hire 31 police officers.
    Amid a nationwide shortage of police officers, the COPS Hiring Program is critical for keeping communities safe and reducing taxpayer costs related to crime by providing funding directly to law enforcement agencies to increase their community policing capacity and crime prevention efforts.
    “The COPS Hiring Program represents a fiscally responsible solution to ensure that our communities remain safe. CHP provides funds directly to law enforcement agencies to hire new or rehire additional career law enforcement officers and to increase their community policing capacity and crime-prevention efforts,” the lawmakers wrote.
    “When officers establish a presence on their patrols using community-policing principles, they can develop positive relationships with the communities they serve.  In turn, these relationships increase law enforcement’s ability to solve local crimes and resolve public safety problems,” the lawmakers continued. “This proactive approach to policing prevents crime from occurring, saving taxpayers the high societal costs associated with crime, incarceration, and services for victims.”
    Sen. Cantwell is a longtime champion of the COPS program and the Byrne Memorial Justice Assistance Grants (JAG) program, which help equip and enable local law enforcement to address drug trafficking.
    The National Fraternal Order of Police, National Association of Police Organizations, the U.S. Conference of Mayors, Federal Law Enforcement Officers Association, and the Major Cities Chiefs Association support the Senators’ funding request.
    Led by Senator Ben Ray Luján (D-NM), the letter was also signed by U.S. Senators Jacky Rosen (D-NV), Ruben Gallego (D-AZ), Tina Smith (D-MN), Raphael Warnock (D-GA), Tim Kaine (D-VA), Tammy Baldwin (D-WI), Kirsten Gillibrand (D-NY), Mark Warner (D-VA), Angus King (I-ME), Ron Wyden (D-OR) Michael Bennet (D-CO), Tammy Duckworth (D-IL), Brian Schatz (D-HI), Jack Reed (D-RI), Jeff Merkley (D-OR), Chris Coons (D-DE), Mark Kelly (D-AZ), Sheldon Whitehouse (D-RI), Andy Kim (D-NJ), Richard Durbin (D-IL), Elissa Slotkin (D-MI), Ed Markey (D-MA), Amy Klobuchar (D-MN), Richard Blumenthal (D-CT), Maggie Hassan (D-NH), Catherine Cortez Masto (D-NV), Alex Padilla (D-CA), and Elizabeth Warren (D-MA).
    The full text of the letter can be found HERE and below:
    Dear Chairman Moran and Ranking Member Van Hollen:
    As you consider funding levels for Fiscal Year 2026, we urge you to fund the Community Oriented Policing Services (COPS) Hiring Program at a minimum of $270 million.
    The COPS Hiring Program represents a fiscally responsible solution to ensure that our communities remain safe. CHP provides funds directly to law enforcement agencies to hire new or rehire additional career law enforcement officers and to increase their community policing capacity and crime-prevention efforts. When officers establish a presence on their patrols using community-policing principles, they can develop positive relationships with the communities they serve.  In turn, these relationships increase law enforcement’s ability to solve local crimes and resolve public safety problems.  This proactive approach to policing prevents crime from occurring, saving taxpayers the high societal costs associated with crime, incarceration, and services for victims.
    To date, the COPS Office has been appropriated more than $20 billion to advance community policing including grants awarded to more than 15,000 state, local, and tribal law enforcement agencies to fund the hiring and redeployment of more than 136,000 officers. In 2024, the program awarded 235 grants across all 50 states and the District of Columbia. In total, the program allowed for the funding of 1193 officer positions. COPS Hiring plays an essential role in our federal government’s support for local law enforcement and should therefore receive the highest possible level of funding.
    We are supported in this request by law enforcement organizations including the National Fraternal Order of Police, National Association of Police Organizations, the U.S. Conference of Mayors, Federal Law Enforcement Officers Association, and the Major Cities Chiefs Association.  We appreciate the hard work and leadership that you have shown on these issues. Ongoing crime and violence across the country demonstrates the vital need for increased police protection in our communities.  Therefore, as you determine the funding levels for this program, we ask that you support funding for the COPS Hiring Program at the highest possible level.
    Thank you for your consideration of this request.

    MIL OSI USA News –

  • MIL-OSI USA: Cantwell & Colleagues Call on Trump Administration to Stop Bureaucratic Delays and Immediately Release Broadband Equity, Access & Deployment Funding to States

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    05.31.25
    Cantwell & Colleagues Call on Trump Administration to Stop Bureaucratic Delays and Immediately Release Broadband Equity, Access & Deployment Funding to States
    WASHINGTON, D.C. – U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Senate Finance Committee, Democratic Leader Senator Chuck Schumer (D-NY), and Senator Ben Ray Luján (D-NM) called on the Trump Administration to immediately release the $42 billion allocated for the Broadband Equity, Access and Deployment (BEAD) Program as part of the bipartisan Infrastructure Investment and Jobs Act. The program was designed with the goal of building high-speed, scalable, and reliable networks everywhere in the United States.
    “For six months, states have been waiting to break ground on scores of projects, held back only by the Commerce Department’s bureaucratic delays,” wrote the Senators in a letter to Commerce Secretary Howard Lutnick and President Trump. “If states are forced to redo or rework their plans, they will not only miss this year’s construction season but next year’s as well, delaying broadband deployment by years. That’s why we urge the Administration to move swiftly to approve state plans, and release the $42 billion allocated to the states by the BEAD Program.”
    In the innovation economy, universal access to high-speed internet is essential for the nation’s future economic growth and to ensure that some 25 million Americans will not be denied the opportunity to fully participate in and contribute to that growth. And, in addition to excluding millions of citizens, lack of broadband access also puts our nation further behind in the race with China, putting at risk our ability to compete in AI, advanced robotics, and semiconductor manufacturing. The BEAD program has allocated $1.2 billion to the State of Washington.
    “High-speed, reliable, and scalable connectivity is essential for jobs, education, and telehealth.  It’s also the backbone for the advanced industries of today and tomorrow,” the Senators wrote. “AI systems require massive volumes of data and low-latency networks to operate effectively. Data centers, smart warehouses, robotic assembly lines, and chip fabrication plants all depend on fast, stable, and scalable bandwidth. If we want these job-creating facilities built throughout the United States, including rural areas, we must ensure the infrastructure—including high-speed internet networks—is in place to support them.”
    Sen. Cantwell, at the time the chair of the Commerce Committee, was an early supporter of the BEAD program.
    “We urge you to move forward with the submitted BEAD plans and deliver on the promise of the BEAD program without further delay. Every American and every community needs access to reliable, scalable, and high-speed internet if we are to remain the world’s innovation leader,” concluded the letter.
    The full text of the letter is available HERE and below.
    Dear Sec. Lutnick / President Trump,
    Congress created the Broadband Equity, Access and Deployment (BEAD) Program as part of the bipartisan Infrastructure Investment and Jobs Act to finish the job of connecting everyone and building high-speed, scalable, and reliable networks everywhere.  For six months, states have been waiting to break ground on scores of projects, held back only by the Commerce Department’s bureaucratic delays. If states are forced to redo or rework their plans, they will not only miss this year’s construction season but next year’s as well, delaying broadband deployment by years. That’s why we urge the Administration to move swiftly to approve state plans, and release the $42 billion allocated to the states by the BEAD Program.
    Universal access to high-speed internet is essential for jobs, education, and telehealth —and also for the bandwidth-hungry innovation economy, from artificial intelligence and advanced robotics to smart manufacturing and semiconductor production.  Further delay means 25 million Americans continue to wait for high-speed internet and the economic benefits it brings.  It also means that we risk falling behind China, which is aggressively building out digital infrastructure to support its AI, advanced manufacturing, and semiconductor ambitions. 
    States have already developed plans to address these needs, and restarting or slowing down the process will only hold back progress.  States must maintain the flexibility to choose the highest quality broadband options, rather than be forced by bureaucrats in Washington to funnel funds to Elon Musk’s Starlink, which lacks the scalability, reliability, and speed of fiber or other terrestrial broadband solutions.
    High-speed, reliable, and scalable connectivity is essential for jobs, education, and telehealth.  It’s also the backbone for the advanced industries of today and tomorrow. AI systems require massive volumes of data and low-latency networks to operate effectively. Data centers, smart warehouses, robotic assembly lines, and chip fabrication plants all depend on fast, stable, and scalable bandwidth. If we want these job-creating facilities built throughout the United States, including rural areas, we must ensure the infrastructure—including high-speed internet networks—is in place to support them.  If we want AI developed and deployed in the United States, if we want to win the race for semiconductor dominance, if we want the next generation of manufacturing jobs to be created here, then we must act now—and we must build the high-speed, high-capacity networks those technologies demand.
    States have spent years developing implementation plans under the BEAD program to reach every  American with high-speed internet access. These plans reflect local needs, technical realities, and the bipartisan intent of Congress. States are ready to put shovels in the ground and have been waiting for months to get started connecting communities and building networks that will support the industries of tomorrow. Additional delays and onerous changes to the program at this stage threaten to further stall urgently needed deployment and leave communities behind. 
    We urge you to move forward with the submitted BEAD plans and deliver on the promise of the BEAD program without further delay. Every American and every community needs access to reliable, scalable, and high-speed internet if we are to remain the world’s innovation leader.
    Sincerely, 

    MIL OSI USA News –

  • MIL-OSI USA: Safeguarding Long Island’s Public Hospital

    Source: US State of New York

    overnor Kathy Hochul today announced four appointments to the newly restructured Board of Directors for the Nassau Health Care Corporation (NHCC), which oversees the Nassau University Medical Center (NUMC), Nassau County’s only public hospital. The appointments coincide with the implementation of a new state law, taking effect June 1, 2025, that significantly reforms NHCC governance, enhances state oversight and sets a path forward for strengthening NUMC’s financial and operational stability. Governor Hochul also designated Stuart Rabinowitz, Esq., former President of Hofstra University and a longtime leader in higher education and public policy, as Chair of the Board.

    “NUMC is a vital lifeline for so many on Long Island, and today we are taking long-overdue steps to ensure it has the leadership and oversight it needs to thrive,” Governor Hochul said. “These new appointments, and the new authority granted to the state and NIFA, will help ensure accountability, responsible fiscal management and high-quality care for the communities NUMC serves. Stuart Rabinowitz is a respected and visionary leader, and I can’t think of a better person to help lead this next chapter for NUMC.”

    Nassau University Medical Center Board Chair Stuart Rabinowitz said, “NUMC is a critical safety-net institution that has suffered from years of dysfunction and mismanagement. I’m grateful to Governor Hochul for the trust she’s placed in me, and I’m eager to get to work with my fellow board members to restore public confidence, implement long-overdue reforms and put this hospital back on a path to stability and excellence.”

    About the Governance Reforms Taking Effect June 1:

    • The NHCC Board of 11 members will include six appointed by the Governor (one each upon recommendation of the Assembly Speaker and Senate Temporary President), two by the Nassau County Executive, two by the majority of the Nassau County Legislature, and one by the minority.
    • The Governor will designate the Board Chair.
    • The Nassau County Executive will no longer have approval authority over the NHCC CEO.
    • The Nassau Interim Finance Authority (NIFA) will have enhanced oversight, including the power to approve NHCC contracts exceeding $1 million and, under specific conditions, the authority to declare a control period over NHCC.
    • NHCC is required to conduct and submit a study by December 1, 2026, exploring options to strengthen NUMC.

    Governor Hochul’s two remaining appointments, one each recommended by the Speaker of the Assembly and the Temporary President of the Senate, will be announced in coordination with legislative leaders. Once the appointments take effect on June 1, the new board is expected to call a special meeting to set NHCC on a path toward stability.

    Governor Hochul’s Appointees to the NHCC Board:

    Stuart Rabinowitz, Esq. (Chair)

    Stuart Rabinowitz is Senior Counsel at Meltzer, Lippe, Goldstein & Breitstone, LLP, where he focuses on state and federal litigation, constitutional law, civil rights, and education law. He served for over 20 years as President of Hofstra University, where he significantly expanded the institution’s academic footprint, including the creation of a medical school, and raised its national profile by hosting three U.S. presidential debates. A former constitutional law professor and nationally recognized policy leader, he holds a J.D., magna cum laude, from Columbia Law School and is a member of Phi Beta Kappa. His decades of experience leading large public-serving institutions make him uniquely qualified to help guide NUMC’s revitalization.

    Amy Flores

    Amy Flores is an experienced executive with more than 15 years in financial services, public administration, and economic development. She currently serves as Community Manager at JPMorgan Chase, where she leads initiatives focused entirely on collaborating with local leaders across sectors to understand and address community challenges. She previously served as Executive Director of the Nassau County Office of Hispanic Affairs and has held senior roles in banking. Amy serves on the boards of CARECEN and Círculo de la Hispanidad and has been recognized by City & State and Long Island Business News as one of Long Island’s most influential civic leaders. Amy holds a Bachelor of Business Administration (BBA) degree from Hofstra University and Certificate of Completion with Honors from Hofstra University’s ABA Accredited Paralegal Studies Program.

    Dean Mihaltses, RPh, BPS, MPA

    Dean Mihaltses is a veteran health care executive and licensed pharmacist with over 40 years of experience in hospital operations, public health policy, and clinical pharmacy services. He most recently served as Interim CEO and COO at NYC Health + Hospitals/Queens, where he managed hospital operations, emergency preparedness and strategic initiatives in one of the city’s busiest public hospitals. Earlier roles included Director of Pharmacy Services at Jacobi & Elmhurst hospitals and health care consultant for skilled nursing and developmental disability facilities. He is a Fellow of several national professional associations and continues to mentor future health professionals.

    Lisa Warren

    Lisa Warren is President of Placid, LLC, a Long Island-based real estate investment and management firm, and a civic leader with a dedicated record of leadership and engagement, including as a Commissioner on the Nassau County Planning Commission. With over 30 years of experience in business and philanthropy, she supports youth development, education and the arts across Nassau County. She is especially active in expanding access to youth sports and serves on the boards of the Long Island Children’s Museum and Ice Hockey in Harlem. She holds degrees from Hofstra and Duke Universities and a diploma from the French Culinary Institute.

    MIL OSI USA News –

  • MIL-OSI: GA (Int’l) Capital Management Announces Launch of Communication Hubs

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, May 31, 2025 (GLOBE NEWSWIRE) — GA (Int’l) Capital Management, a leader in tailored wealth management and investment services for high-net-worth individuals, is proud to announce the opening of satellite communication hubs in Germany, Belgium, the UK, and the USA. These hubs are designed to enhance the ability of GA Capital’s brokers and analysts to connect with clients globally, offering seamless communication and support, wherever they are.

    Instead of traditional walk-in offices, these hubs will function as centres for collaboration, enabling GA Capital’s team to operate more effectively while travelling and working internationally. Equipped with state-of-the-art infrastructure, the hubs allow real-time connections for discussions on market developments, investment strategies, and personalized client support. This expansion underscores GA Capital’s commitment to improving connectivity and accessibility for clients and experts across the globe.

    Global Reach, Personalised Connections

    “As we continue to grow, our goal is to maintain personal connections at the heart of our business,” said Ho Ting Fung, CEO of GA Capital. “The new communication hubs will empower our brokers and analysts to collaborate with clients, no matter where they are. By offering our team the flexibility to work and communicate on their terms, we ensure that clients receive consistent, high-level service and insights.”

    Enabling Enhanced Communication and Service

    The hubs will support a range of services, including:

    • Discretionary Portfolio Management: Bespoke investment strategies tailored to each client’s financial goals.
    • Retirement and Succession Planning: Ensuring clients’ future security and legacy.
    • Expatriate Services: Specialised financial services for expatriates, particularly Australian and British citizens, protecting their global interests.

    These hubs streamline communication, enabling GA Capital’s experts to provide creative financial solutions and strategies to clients worldwide, maintaining a highly personalised approach to service delivery.

    About GA (Int’l) Capital Management Limited
    GA (Int’l) Capital Management Limited is a global leader in financial services, offering comprehensive solutions to clients worldwide. Focused on innovation, security, and customer service, the company is dedicated to providing reliable and cutting-edge financial strategies to meet the needs of an ever-changing market.

    For inquiries, please contact:
    Wong On Ying, COO
    GA (Int’l) Capital Management Limited
    Email: wong.on.ying@gacapitalm.com
    Phone: +852 3002 3446
    Website: https://gacapitalm.com/

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice. GA (Int’l) Capital Management does not guarantee investment outcomes or returns. Clients should seek professional advice tailored to their needs before making financial decisions.

    This content is provided by GA (Int’l) Capital Management Limited. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk.

    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/667d5029-2139-4f90-9833-e0587acd2cdf

    The MIL Network –

  • MIL-OSI: Trade 350 App: This Trade 350 App Sets New Standard in AI-Driven Trading with Unmatched Security and User Approval

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, May 31, 2025 (GLOBE NEWSWIRE) — Introduction

    In the crowded world of online trading platforms, separating legitimate services from elaborate scams can be a daunting task. Trade 350 App has emerged as one of the buzziest names in 2025, promising AI-driven trade signals, rapid withdrawals, and rock-solid security. But is it truly a breakthrough platform—or just another scheme designed to separate inexperienced traders from their capital? In this article, we’ll dissect every major aspect of Trade 350 app: from its core technology and fee model to real-world user experiences and regulatory credentials. By the end, you’ll have all the information needed to decide whether to trust Trade 350 with your hard-earned money.

    Don’t Miss Out: Start Automated Trading with Trade 350’s Proven AI Signals Now!

    If one notices the trends in the cryptocurrency market, one can see that most of the people involved in storing cryptocurrencies like Bitcoin and Ethereum are now moving into those transactions. Interestingly, this trend has been visible since 2017. So, what led to this transformation?

    What Is Trade 350 App?

    Trade 350 App is a digital currency trading platform that ensures safe trading on global cryptocurrency exchanges. Following a quick and thorough analysis of market volatility, members can access charts and tables on their account pages. Traders with cryptocurrency experts rely on this trading platform for accurate data analysis as such huge amounts of data cannot be collected, processed, and analyzed.
    Trade 350 App bills itself as a next-generation trading solution that leverages machine-learning algorithms to identify high-probability opportunities across Forex, cryptocurrencies, commodities, and equities. Founded in 2023 by a team of former quants and software engineers, Trade 350 aims to democratize sophisticated algorithmic strategies once reserved for hedge funds and institutional traders.

    • Core proposition: Turnkey, AI-powered signals for retail traders.
    • Supported markets: Major forex pairs (EUR/USD, GBP/USD, USD/JPY), top cryptos (BTC, ETH, XRP), indices (S&P 500, NASDAQ), and commodities (gold, oil).
    • Minimum deposit: $250 USD (or local equivalent).
    • Platforms: Web dashboard plus native iOS/Android apps.
    • Languages: English, Spanish, Mandarin, Arabic, Portuguese.

    From a high level, Trade 350’s pitch is simple: eliminate guesswork, automate trade execution, and maximize risk-adjusted returns. But ambitious marketing claims warrant a closer look—especially when unregulated brokers are notorious for opacity.
    Secure Your Spot—Join 100,000+ Traders on Trade 350 and Experience 24-Hour Withdrawals
    How Trade 350’s AI Engine Works
    At the heart of Trade 350 is a multi-layer neural-network engine trained on years of historical price data, technical indicators, and real-time sentiment signals (social media trends, news headlines). Key components include:

    1. Data ingestion layer
      • Feeds: Tick-level order-book snapshots, minute-bar OHLC data, macroeconomic calendar events, social sentiment APIs.
      • Refresh rate: Sub-second for price data; 1–5 seconds for sentiment.
    2. Feature engineering & pattern recognition
      • Technical filters: Moving-average crossovers, RSI divergences, Bollinger Band squeezes.
      • Seasonal factors: Day-of-week and month-of-year patterns.
      • Sentiment overlays: News-driven volatility spikes, Twitter-derived bullish/bearish sentiment.
    3. Signal generation module
      • Ensemble of classifiers (random forests, gradient boosting, LSTM networks) votes on entry signals.
      • Risk scoring: Each signal is given a probability score (0–100%) and a recommended position size.
    4. Order management & execution
      • API integration with partner brokers for sub-100 ms order execution.
      • Smart order routing to minimize slippage.

    Why it matters:
    A genuinely robust AI engine can adapt to shifting market regimes—bull cycles, bear markets, sideways consolidations—whereas static rule-based “signal” products often fail under stress. Users should, however, be mindful that no AI can predict “black swan” events (e.g., flash crashes, geopolitical shocks).
    Act Fast—Trade 350’s AI Strategies Are Filling Up. Claim Your Demo Mode Access Today!

    Working of Trade 350 App

    Trade 350 App is an online platform for trading in cryptocurrencies. It has dedicated tools to ensure that trading is fast, highly regulated, and profitable. The data accumulation software of this platform is brilliantly crafted to gather price movement data for all cryptocurrencies from all the exchanges in the world. This big data is then analyzed and compared with historical transaction data to generate profitable transaction signals for users. They can follow these signals to make profitable trades manually or via automated trading robots. This only takes a few milliseconds, so members of this trading platform can trade before the market takes the next step.

    The software’s built-in time-hop function allows traders to advance 0.01 seconds in the cryptocurrency market. This software allows them to predict future market positions with 100% accuracy and offers reliable trading opportunities. 

    How to use Trade 350 App?

    Step 1: Sign up for the Trade 350 App platform

    There is a registration form on the platform’s homepage. People need to fill in and fill in the details such as their name and email address. The program verifies the personal information provided, and they are the latest members to join this platform. They can log into the members’ area and continue adding funds. The developers don’t charge a subscription fee, so users can sign up immediately. 

    More Information on Trade 350 App App Can Be Found On The Official Website Here

    Step 2: Add money to the trading account

    Once traders have access to the private members’ page, they can add funds to their trading accounts. This is the money the software spends on making profitable trades. With a minimum deposit of just $ 250, one can start with small orders and gently increase their investment.

    Step 3: Check the personal information

    If members provide their payment information, the program will confirm it before deducting their initial investment. This is done to ensure that the trading account is safe and free from unwanted scams.

    Step 4: Practice, Explore, Learn

    A demo account is available with Trade 350 App. Individuals can use their accounts to place virtual trade orders. They can also explore the trading platform’s features and services to see if it suits their taste. Accounts will help people gain experience in the cryptocurrency market, which will help them when they start a real trade.

    Step 5: Change the trading parameters and select the trading mode

    The first step in making a real trade is to adjust the parameters of the trade according to one’s needs. This includes the risk traders prefer for each order, the money they are willing to invest in, and the time interval between trades. They can change and adjust the transaction parameters at any time. Setting the parameters to one’s liking keeps one in control of one’s operations.

    Then select a trading method. People can select manual mode or assisted mode. If they want the program to transact on their behalf, select the Help mode. Otherwise, switch to manual trading. 

    Step 6: Get the exact trading signal and execute the trade

    Trade 350 Apps provide people with useful trading signals. Conduct thorough market research to discover trading opportunities that fit their trading profile. If people trade in assisted mode, the software will perform these trades. With a success rate of over 99%, one can profit from every trade. 

    Step 7: Transfer the profit to the bank account

    The platform supports smooth and easy withdrawals. To transfer all earnings to the bank account, people need to fill out a withdrawal form. Upon approval, they will receive their profit in their savings account. 

    Trade 350’s AI Does the Work—You Reap the Rewards. Get Started in Minutes!

    Advantages of Trade 350 App

    Superior technology

    This trading bot uses the best technology to scan the Bitcoin market and provide trading opportunities to maximize profits. The correct response rate is 99.4%, and one can win every trade. 

    Reliable signal

    Trade 350 Apps provide the most reliable trading signals for trading in the cryptocurrency trading industry. Not only do individuals withdraw these trades for themselves, but they also execute them and establish their profit.

    Fast transaction

    Trade 350 Apps support high-frequency trading or high-frequency trading. Can complete 20 operations in 10 minutes. One can win from multiple exchanges with certain points.

    Why Choose Trade 350 App App? Australia and Canada Consumer Report Released Here

    Safe trading robot

    Trade 350 App offers the safest and most secure platform on the web. It is integrated with malware and antivirus software. Therefore, all data and information are protected. People don’t have to worry about anyone other than accessing their data and information.

    Online customer service

    It provides people with 24/7 online customer service. The team is happy to answer any questions or concerns about how the program works. The customer service team investigates and provides the correct information and resolves all queries. 

    Quick registration

    Trade 350 Apps also offer fast withdrawals. Withdrawal requests are processed in approximately one day. Traders always receive their income in their bank accounts.

    Low deposit

    People have to deposit a basic amount of $250 with a Trade 350 App. It is seed capital. One can make thousands with this investment. Also, keep in mind that the investment is directly proportional to profit. Therefore, as one continues to increase their trading capital, the profits will continue to increase proportionally. 

    Cost-effective

    The Bitcoin trading platform is free. No registrations, withdrawals, subscriptions or other hidden costs will be deducted. The developer will charge people a small “maintenance fee.” The program will deduct this as a small percentage of the income. These maintenance costs are used to provide an updated and error-free version of the software.

    Transform Your Trading—Download Trade 350 App and Unlock Smart, Secure AI Trades!

    Trading Modes: Demo vs. Live
    Trade 350 offers two distinct modes:

    • Demo Mode
      • Virtual balance (default $10,000 play money).
      • Full access to AI signals and all trading tools.
      • Ideal for newcomers to learn signal interpretation and order execution.
    • Live Mode
      • Real-money trading.
      • Adjustable risk parameters (see Section 6).
      • Access to same AI signals as demo but with real-world execution constraints (slippage, broker latency).

    Best practice: Begin in demo to fine-tune your settings and understand drawdowns. Transition to live only when consistently profitable on paper.
    Visit Here to Register on the Trade 350 App – Select Your Country Here!!!

    FAQs

    Is Trade 350 App a scam?
    No—evidence from withdrawals, Trustpilot ratings, and expert reviews points to a legitimate, albeit unregulated, broker platform.
    How much can I realistically earn?
    Performance varies widely with settings; users report 5–15% monthly on moderate risk settings—but past performance is no guarantee.
    What happens if Trade 350 goes offline?
    With custodial funds held by partner brokers, your balance remains with those brokers. Trade 350’s role is signal generation and order routing.
    Can I withdraw my original deposit anytime?
    Yes—withdrawals incur no fees and typically process within 48 hours, subject to your bank’s timelines.

    Do you want to gain experience while trading software?

    No, you don’t need to be an experienced trader when trading with the Trade 350 App software. An easy-to-use program for beginners that anyone can use to earn passive returns. We do everything from market research to profit recording. 
    Does Trade 350 offer educational resources?
    Yes—webinars, tutorials, and a knowledge base covering technical indicators, AI fundamentals, and platform navigation.

    Can I take advantage of market volatility when trading CFDs? 

    Yes, you can take advantage of market volatility in CFD trading. However, it is not easy for the human mind to accurately predict the future position of the market. In most cases, human predictions are wrong. This is not the case with trading software such as Trade 350 Apps, which can accurately predict and record profits. 

    How much time should you spend on the platform per day?

    You don’t have to spend hours on the platform to monitor your trades as the software does all the work for you. You can focus on your main task and other aspects of your life as Trade 350 Apps execute profitable trades for you around the clock.

    You can log in for 20 minutes a day, change trading parameters and withdraw your profits. 

    Fees, Spreads & Pricing Structure
    Trade 350’s revenue model is simple:

    • Spreads only: No subscription or platform fees.
    • Typical spreads:
      • Forex major pairs: 0.8 – 1.5 pips
      • Crypto (BTC/USD): 0.10% – 0.20%
      • Indices: 0.5 – 1.0 index points

    By relying solely on spreads, Trade 350 aligns its interests with active trading volume—higher client activity bolsters revenue without nickel-and-diming through extra commissions.
    Hidden costs? None disclosed—users only pay the buy-sell spread. Always check real-time spreads on the platform before placing large trades, as volatility can widen spreads temporarily.
    Why Choose Trade 350 App? Australia and Japan Consumer Report Released Here

    Pros

    • Accurate trading analysis. 
    • Fast generation of trading signals. 
    • Timeout of 0.01 seconds. 
    • Profitable and accurate transaction forecasts. 
    • The accuracy rate is 99.4%. 
    • Transactions with automated robots.
    • Margin trading is available to all clients. 
    • Demo trading functionality to learn.
    • Joint customer service. 

    Cons

    • An internet connection is required to trade with Trade 350 Apps.

    Deposit, Withdrawal & Customer Support

    • Deposit methods: Bank wire, credit/debit, PayPal, Skrill.
    • Withdrawal process:
    • Wallet → Withdraw
    • Enter amount & confirm
    • Funds arrive in 24–48 hours (users report up to 72 hours during weekends).
    • Customer support:
    • 24/5 live chat and email.
    • Phone support in EN, ES, PT.
    • Response times: Live chat replies in ~2 minutes; emails in < 6 hours.

    Overall, withdrawal speed is competitive but can slow around peak market events. No withdrawal fees apply.

    Click Here to Open Trade 350 App Account in Canada (Register Fee $250)
    Independent User Feedback
    A survey of user opinions across Reddit, Trustpilot, and specialist trading forums reveals:

    • Positive points:
      • Fast payouts without rollback or “verification loops.”
      • Transparent fee model.
      • Demo-to-live performance consistency.
    • Critiques:
      • Occasional signal lag during extreme volatility (e.g., Fed rate announcements).
      • Desire for additional regulation disclosures.
      • Some users find the risk settings complex initially.

    Aggregate Trustpilot rating sits at ~4.6 / 5 based on 1,200+ reviews at time of writing.
    Expert Analysis & Third-Party Reviews
    Industry experts have tested Trade 350 against competitors:

    • CompareBroker.net: Awarded “Best AI Signal Platform 2025” for ease-of-use and reliability.
    • ForexPulse Magazine: Noted “above-average live execution speeds” and “robust backtesting engine” but flagged “lack of transparency on audit results.”
    • CryptoReviewHub: Praised cryptocurrency signal accuracy (~68% win rate over 3 months) but emphasized need for position-sizing discipline.

    Such endorsements lend credibility, though full audit disclosures would strengthen the case.

    Conclusion: Trade 350 App

    Most people think that trading involves significant risks. They pay close attention to their analysis. However, with Trade 350 Apps, the level of risk is minimized. One can expect the software to take advantage of every trade made on one’s behalf.

    By starting in demo mode, practicing disciplined risk management, and staying informed, you can leverage Trade 350’s powerful AI engine while safeguarding your capital. Whether you’re dipping your toes into algorithmic trading or scaling up an existing strategy, Trade 350 merits a spot on your shortlist of trading platforms to consider in 2025.

    This is a free trading platform with a beginner-friendly approach. People can start trading today. Sign up for a Trade 350 App!
    Contact:-
    Trade 350 App
    (713) 231-4768
    50 W 4th St, New York, NY 10012, USA
    https://trade350app.net/

    info@cryptofinancetrack.com
    General Disclaimer:
    The content provided in this article is for informational and educational purposes only. It does not constitute financial, legal, or professional advice. Readers are advised to consult a certified financial advisor, licensed loan officer, or legal professional before making any financial decisions. The information presented may not apply to every individual circumstance and is not intended to substitute professional judgment or regulatory guidance. The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. We does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
    Trading Disclaimer:
    Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. ICO’s, IEO’s, STO’s and any other form of offering will not guarantee a return on your investment.
    HIGH RISK WARNING: Dealing or Trading FX, CFDs and Cryptocurrencies is highly speculative, carries a level of non-negligible risk and may not be suitable for all investors. You may lose some or all of your invested capital, therefore you should not speculate with capital that you cannot afford to lose. Please refer to the risk disclosure below. Trade 350 App does not gain or lose profits based on your activity and operates as a services company. Trade 350 App is not a financial services firm and is not eligible of providing financial advice. Therefore, Trade 350 App shall not be liable for any losses occurred via or in relation to this informational website.
    SITE RISK DISCLOSURE: Trade 350 App does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. Please be aware of and seek professional advice for the risks associated with trading the financial markets; never invest more money than you can risk losing. The risks involved in FX, CFDs and Cryptocurrencies may not be suitable for all investors. Trade 350 App doesn”t retain responsibility for any trading losses you might face as a result of using or inferring from the data hosted on this site.
    LEGAL RESTRICTIONS: Without limiting the above mentioned provisions, you understand that laws regarding financial activities vary throughout the world, and it is your responsibility to make sure you properly comply with any law, regulation or guideline in your country of residence regarding the use of the Site. To avoid any doubt, the ability to access our Site does not necessarily mean that our Services and/or your activities through the Site are legal under the laws, regulations or directives relevant to your country of residence. It is against the law to solicit US individuals to buy and sell commodity options, even if they are called “prediction” contracts, unless they are listed for trading and traded on a CFTC-registered exchange unless legally exempt. The UK Financial Conduct Authority has issued a policy statement PS20/10, which prohibits the sale, promotion, and distribution of CFD on Crypto assets. It prohibits the dissemination of marketing materials relating to distribution of CFDs and other financial products based on
    Cryptocurrencies that addressed to UK residents. The provision of trading services involving any MiFID II financial instruments is prohibited in the EU, unless when authorized/licensed by the applicable authorities and/or regulator(s). Please note that we may receive advertising fees for users opted to open an account with our partner advertisers via advertisers websites. We have placed cookies on your computer to help improve your experience when visiting this website. You can change cookie settings on your computer at any time. Use of this website indicates your acceptance of this website. Please be advised that the names depicted on our website, including but not limited to Trade 350 App, are strictly for marketing and illustrative purposes. These names do not represent or imply the existence of specific entities, service providers, or any real-life individuals. Furthermore, the pictures and/or videos presented on our website are purely promotional in nature and feature professional actors. These actors are not actual users, clients, or traders, and their depictions should not be interpreted as endorsements or representations of real-life experiences. All content is intended solely for illustrative purposes and should not be construed as factual or as forming any legally binding relationship
    RISKS ASSOCIATED WITH FUTURES TRADING
    Futures transactions involve high risk. The amount of the initial margin is low compared to the value of the futures contract, so that transactions are “leveraged” or “geared”. A relatively small market movement has a proportionately larger impact on the funds that you have deposited or have to pay: this can work both for you and against you. You may experience the total loss of the initial margin funds as well as any additional funds deposited in the system. If the market develops in a way that is contrary to your position or if margins are increased, you may be asked to pay significant additional funds at short notice to maintain your position. In this case it may also happen that your broker account is in the red and you thus have to make payments beyond the initial investment.
    RISKS ASSOCIATED WITH ELECTRONIC TRADING
    Before you begin carrying out transactions with an electronic system, you should carefully review the rules and provisions of the stock exchange offering the system, or of the financial instruments listed that you intend to trade, as well as your broker’s conditions. Online trading has inherent risks due to system responses/reaction times and access times that may vary due to market conditions, system performance and other factors, and on which you have no influence. You should be aware of these additional risks in electronic trading before you carry out investment transactions.
    Affiliate Disclosure:
    This article may contain affiliate links. If a reader clicks on a link and completes an application or purchase, the publisher may receive a commission at no additional cost to the user. These commissions help support the publication and do not influence the editorial content, which is created independently and with the goal of delivering accurate and useful information.
    Accuracy Disclaimer:
    All information included in this article is presented in good faith and believed to be accurate at the time of writing. However, no representations or warranties are made regarding the completeness, accuracy, reliability, or timeliness of any information presented. Any reliance placed on such information is strictly at the reader’s own risk. The publisher does not accept responsibility for typographical errors, outdated information, or changes to products, terms, or policies after publication.
    Regulatory and Jurisdictional Disclaimer:
    Lending laws vary by jurisdiction, and not all services described in this article may be available in every state or region. It is the responsibility of the reader to understand and comply with local laws and regulations. The platforms mentioned are independently operated and are not controlled or endorsed by the publisher.
    Third-Party Liability Waiver:
    The publisher, its writers, editors, affiliates, and syndication partners shall not be held liable for any direct or indirect loss, damages, or legal claims arising from the use of this content or from reliance on any third-party services, platforms, or products mentioned herein. All loan agreements, terms, and disputes are strictly between the borrower and the lender or service provider.
    Syndication Partner Use:
    This content may be republished or syndicated by authorized partners under existing licensing or distribution arrangements. All syndication partners are free from liability regarding the editorial stance, financial suggestions, or any user outcome resulting from the reading or application of this content.

    Attachment

    The MIL Network –

  • MIL-OSI: XRP News: XenDex Presale Ends In 12 Hours, Join Presale Before $XDX Exchange Listing

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, May 31, 2025 (GLOBE NEWSWIRE) — With only 12 hours remaining, the clock is ticking for investors to secure $XDX tokens at presale pricing. Once this final presale window closes, $XDX is expected to list on top-tier exchanges, with discussions currently underway with platforms such as Binance, Gate.io, MEXC, BitMart, MagneticX, and FirstLedger. Don’t miss this final opportunity to participate before potential listings go live.

    $XDX At low Price

    What is XenDex On XRP Blockchain?

    XenDex is the first fully integrated, multi-feature decentralized exchange (DEX) built natively on the XRP Ledger (XRPL). It leverages XRP’s ultra-fast settlement and low transaction fees to deliver an accessible, high-performance DeFi platform for both beginners and advanced traders.

    Features And Problems XenDex Aims To Solve on XRP Ledger

    XDX Token on XenDex

    Although XRPL is known for speed and scalability, it has lacked comprehensive DeFi functionality. XenDex solves this by providing:

    • AI Copy Trading – Automatically mirror top-performing wallets to reduce risk.
    • Non-Custodial Lending & Borrowing – Lend or borrow XRP assets without intermediaries.
    • Cross-Chain Swaps – Trade XRP native tokens on other blockchains like Ethereum, Solana, BNB Chain, and more.
    • DAO Governance – $XDX holders vote on upgrades, fees, roadmap decisions, future upgrades etc

    These tools fill XRPL’s DeFi gap, positioning XenDex as the go-to DeFi hub on XRP.

    Why Should I Buy $XDX?

    Holding $XDX provides multiple benefits:

    • Staking & Yield Farming Rewards: Earn passive income by providing liquidity.
    • Discounted Fees: Lower costs on trades, lending, and borrowing.
    • Early Access: Priority entry to new features, airdrops, and exclusive launches.
    • Governance Rights: Vote on key platform decisions and future upgrades.

    Where Can I Trade $XDX?

    Immediately after the presale ends, $XDX is expected to become available on multiple centralized exchanges currently in discussion with the XenDex team.

    Is XenDex A Legit Project On XRP?

    XenDex Presale

    Absolutely. XenDex is developed by blockchain veterans with backgrounds in Cardano and SUI. The platform is undergoing comprehensive smart contract audits and integrates with trusted XRPL tools such as Xaman Wallet, XRP Toolkit, and Gitbook.

    How Do I Buy $XDX?

    1. Visit https://xendex.net/presale
    2. Set a Trustline via an XRPL-compatible wallet (e.g., Xaman)
    3. Rate: 1.25 XRP = 10 $XDX
    4. Minimum Buy: 150 XRP
    5. For a step-by-step guide, see https://xdxdocs.gitbook.io/xendex/buy-usdxdx-token-presale

    XenDex Presale Details

    • Soft Cap: Reached
    • Hard Cap: Nearly Filled
    • Time Left: Only 12 Hours Remaining
    • Presale Rate: 150 XRP = 1200 $XDX

    Join XenDex Community

    Website: https://xendex.net
    Presale: https://xendex.net/presale
    Telegram: https://t.me/xendexcommunity
    Twitter: https://x.com/xendex_xrp
    Docs: https://xdxdocs.gitbook.io

    Contact:
    Frank Richards
    Frank@xendex.net

    Disclaimer: This is a paid post provided by XenDex. 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/6b8e1100-d4c8-4939-8330-2c6d4ff37a99

    The MIL Network –

  • MIL-OSI: XRP News: $XDX Token Developed on XRP Nears Presale End in Just 12 Hours as Analysts Predict Major Surge Upon Exchange Listing

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, May 31, 2025 (GLOBE NEWSWIRE) — With only 12 hours remaining before the XenDex $XDX presale closes, potential investors have a final opportunity to secure tokens at presale pricing. Analysts are forecasting a significant price surge once $XDX lists on major exchanges. Miss this window, and you may be forced to buy at market rates—likely much higher—once $XDX launches, with listings anticipated as exchange discussions are currently underway with platforms including Binance, Gate.io, MEXC, BitMart, MagneticX, and FirstLedger.

    $XDX Presale

    What is XenDex on XRP Blockchain?

    XenDex is the first fully integrated, all-in-one decentralized exchange (DEX) built natively on the XRP Ledger (XRPL). It combines lightning-fast, low-fee transactions with an intuitive interface, bringing advanced DeFi tools directly to XRP users without intermediaries.

    $XDX At Presale Price

    Features And Problems XenDex Aims To Solve on XRP Ledger

    Despite XRP’s renowned speed and scalability, the ecosystem has lacked key DeFi functionality—until now. XenDex fills this gap by offering:

    • AI Copy Trading – Automatically mirror trades of top-performing wallets to minimize risk.
    • Lending & Borrowing – Lend or borrow XRP assets without third-party custodians.
    • Cross-Chain Swaps – Seamlessly swap XRP tokens across Solana, Ethereum, BNB Chain, and more.
    • DAO Governance – Give $XDX holders the power to vote on platform upgrades, listings, and fees.

    Why Should I Buy $XDX?

    Holding $XDX unlocks:

    • Staking & Yield Farming Rewards – Earn passive income by providing liquidity.
    • Discounted Fees – Reduced costs on all trading, lending, and borrowing.
    • Early Access – Priority entry to new features, airdrops, and exclusive listings.
    • Governance Rights – Vote on XenDex’s future direction and proposals.

    Where Can I Trade $XDX?

    Once the presale concludes,$XDX is expected to become available on multiple centralized exchanges currently in discussion with the XenDex team.

    These listings will provide deep liquidity and global market exposure.

    Is XenDex A Legit Project on XRP?

    XDX Token on XenDex

    Yes. XenDex is developed by a seasoned team with backgrounds in Cardano and SUI, and is undergoing comprehensive smart contract audits. The platform already integrates trusted XRPL tools such as Xaman Wallet, XRP Toolkit, and Gitbook.

    How Do I Buy $XDX?

    1. Visit the official presale page: https://xendex.net/presale
    2. Set up a Trustline using an XRPL-compatible wallet (e.g., Xaman)
    3. Rate: 1.25 XRP = 10 XDX
    4. Minimum Buy: 150 XRP
    5. For a detailed guide, see: https://xdxdocs.gitbook.io/xendex/buy-usdxdx-token-presale

    XenDex Presale Details

    • Soft Cap: Reached
    • Hard Cap: Nearly Filled
    • Time Left: Only 12 Hours Remaining
    • Presale Rate: 150 XRP = 1200 XDX

    Buy $XDX Before the Presale Ends: https://xendex.net/presale

    Join XenDex Community

    Website: https://xendex.net
    Presale: https://xendex.net/presale
    Telegram: https://t.me/xendexcommunity
    Twitter: https://x.com/xendex_xrp
    Docs: https://xdxdocs.gitbook.io

    Contact:
    Frank Richards
    Frank@xendex.net

    Disclaimer: This is a paid post provided by XenDex. 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/dcd3d749-f2d8-47fb-977f-672ced9ca840

    The MIL Network –

  • MIL-OSI: Afognak Native Corporation Hires New CEO

    Source: GlobeNewswire (MIL-OSI)

    KODIAK, Alaska, May 31, 2025 (GLOBE NEWSWIRE) — Afognak Native Corporation’s Board of Directors is pleased to announce the hiring of Daniel “Dan” M. Corbett as Chief Executive Officer, leading Afognak into its next phase of growth and business advancement.

    Corbett is a strategic and accomplished leader with a demonstrated track record of success in both business and community impact. Most recently, Corbett served as CEO of Valiant Integrated Services, where within 18 months he generated over $2 billion in new business growth, including expansion into the US intelligence and linguist sectors. Recognizing the importance of talent development, Corbett launched initiatives like Valiant University to improve benefits and attract and retain specialized talent—resulting in a workforce in which 25% are US veterans. He also helped establish the Valiant Foundation to support veterans and their families through scholarships, humanitarian relief, and disaster response efforts, demonstrating a commitment to corporate social responsibility.​

    Corbett also previously held leadership roles at PAE and Lockheed Martin. As Vice President and General Manager of PAE’s Global Stability and Development business unit, he led a $1B+ portfolio with over 9,000 employees worldwide. His tenure was marked by significant organic growth, with revenue expanding from $650M to over $1B and the launch of new business lines such as medical services. He led critical responses to global challenges, including the Ebola outbreak in Liberia and COVID-19 response efforts for the Navajo Nation. Corbett holds a Bachelor of Finance degree from Siena College and an MBA from Rensselaer Polytechnic Institute.

    Corbett assumes the role of CEO on May 31, 2025, as CEO/President Greg Hambright retires as CEO. The Board is grateful that Hambright will serve as Interim President during this important transition.

    Kristy Clement, Chair of Afognak’s Board of Directors, shared, “Dan joins Afognak at a pivotal moment in our journey, and we’re excited to welcome him as our new CEO. He brings valuable experience and a thoughtful approach to leadership and growth. The Board is confident in Dan’s ability to guide Afognak into its next chapter. We look forward to working closely with Dan to expand opportunities, serve our Shareholders, support our team, and continue building a corporation we can all be proud of.”

    Corbett remarked, “I’m honored to lead Afognak Native Corporation and committed to advancing sustainable growth that benefits our Shareholders and communities—guided always by the strength of the Alutiiq values and cultural heritage.”

    Malia Villegas
    (907) 222-9587

    The MIL Network –

  • MIL-OSI: Double Deposit Bonus, $50 Welcome Bonus & No-KYC 100x Leverage Trading Now Available on BexBack

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 31, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin surpassed the $100,000 mark and subsequently stabilized above $100,000, many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

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    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com 

    Disclaimer: This content is provided by BexBack. 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.

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    The MIL Network –

  • MIL-OSI Economics: RBI: Stability, Trust, Growth –

    Source: Reserve Bank of India

    A strong and resilient financial system is the bedrock on which the edifice of economic prosperity of a nation is built. Reserve Bank of India is the custodian of our financial system. It completed 90 years of its journey yesterday. The theme for our 90th year was ‘Stability, Trust and Growth’.

    It embodies all that RBI stands for. It is apt we introspect on the past and how we can better discharge our mandate of ensuring monetary and financial stability; enhancing trust in the financial system; and supporting economic growth and improving the well-being of our people.

    Price stability

    Stability refers to stability of prices. This is important as inflation erodes the value of money. It hurts people; it hurts the poor even more. However, not all inflation is bad. Experts believe that a moderate level of inflation is healthy for economic growth. If inflation is too low, the economy faces stagnation risks. If it is too high, prices become unpredictable, making it difficult for consumers and businesses to plan and invest. We have chosen a target of 4% with a band of 2% for CPI inflation.

    CPI inflation has mostly stayed aligned with the target. The flexible inflation targeting is due for review. We will collaborate with govt to not only improve the framework but also to obtain, through appropriate monetary and fiscal policies, ‘Goldilocks conditions’ for inflation and growth.

    Financial stability

    Stability also refers to financial stability, which complements price stability in meeting growth and other developmental objectives. We have had a stable financial system – a system that has smoothly supported real sector economic activities even during periods of stress. Financial institutions have performed well. Banks and NBFCs are stronger and well capitalised to carry out financial intermediation effectively.

    External stability

    Stability includes stable foreign exchange rates, important for not only importers, exporters and investors but also the general public. India’s forex market has the required depth and liquidity to weather pressures, such as those seen in the last few months.

    Healthy levels of forex reserves and a manageable current account balance are also reassuring. Reserve Bank shall continue to be supportive, to manage excessive volatility without targeting any particular level or band of exchange rate.

    Trust

    Trust is important for multiple reasons to a central bank. Currency will serve its purpose only if the public trusts it to be safe to use. The public relies on trust when they deposit their hard-earned money in banks. Monetary policy requires trust to keep inflation expectations anchored. Trust is important for financial stability. It is integral to the integrity of financial markets and payments and settlement systems. We’ll continue to strengthen the trust the public has reposed in us. Ensuring quality customer service and experience is vital to retaining people’s trust. We’ll partner with financial institutions to improve services and reduce grievances.

    Independence of a central bank is important to generate trust. However, independence demands transparency. Independence doesn’t preclude consultation, whether with the general public, regulated entities, other financial regulators or govt. In fact, it becomes even more imperative. Independence also requires higher accountability. We have been deeply conscious of this and will endeavour to further improve transparency, enhance consultation, coordination and collaboration and raise accountability through various measures.

    Growth

    PM has envisioned a Viksit Bharat by 2047. This entails inclusive and accelerated economic growth. Policymaking has to be both pragmatic and visionary for India’s growth to leapfrog. RBI has a track record of introducing innovative policy measures while ensuring stability. Its response to the pandemic is a case in point.

    We’ll continue to be proactive, agile and flexible in our attempt to support economic growth. While we have come a long way in improving financial inclusion, we’ll work with financial institutions to expand access, especially to the bottom of the pyramid. We’ll encourage banks and NBFCs to leverage data and advanced tech to enhance their capacity for lending. This has the potential to accelerate supply of credit in the economy, without compromising on financial stability, to drive investment and economic growth.

    Moreover, as we grow and further integrate into the global economy in our journey of becoming a developed economy, our payment systems and currency have to be widely recognized worldwide. We’ve already taken some steps in this regard. We’ll continue to take initiatives to internationalise the rupee and globalise India’s payment systems.

    Tech

    Rapid advances in tech have facilitated RBI to fulfil its mandate of stability, trust and growth. Digitalisation of various banking services, UPI, and Account Aggregator are a few examples in this regard. It is imperative we harness tech and support innovation to further deepen and widen financial inclusion; improve monetary policy, banking, and currency management including central bank digital currency; universalise payment systems; expand credit including through Unified Lending Interface; and enhance customer experience.

    On this occasion, I would like to reassure all that we’ll continue to maintain the highest standards of professionalism and uphold the values of public service – integrity, impartiality, industriousness, objectivity, accountability, decisiveness, and transparency. We shall continue to foster a safe, secure and stable financial system to meet the aspirations of our country and its citizens. The aspirational goals Reserve Bank has set for itself to become a leading central bank are undeniably demanding, yet rewarding and inevitable.

    As Mahatma Gandhi had said, “The future depends on what we do in the present.” RBI rededicates itself in the service of the nation.

    (Published as a column in Times of India, on April 01, 2025)

    MIL OSI Economics –

  • MIL-OSI Economics: Shared Vision, Shared Responsibility – Strengthening NBFCs – Speech by Shri Swaminathan J, Deputy Governor, Reserve Bank of India – March 28, 2025 – at the Conference of Non-Banking Financial Companies held at Chennai

    Source: Reserve Bank of India

    CA Shri Charanjot Singh Nanda, President, Institute of Chartered Accountants of India; Chairpersons of the Audit Committee of the Boards, MDs & CEOs of NBFCs, and Statutory Auditors of NBFCs, Executive Directors from RBI and my colleagues from the Reserve Bank of India, Ladies and Gentlemen. A very good morning to all of you.

    1. It is an honour to address this esteemed gathering representing the key pillars of the NBFC ecosystem —CEOs entrusted with driving business responsibly, Chairpersons of Audit Committees overseeing assurance, Statutory Auditors who ensure transparency and integrity, along with regulators and supervisors committed to maintaining financial stability and fostering a sound regulatory environment. The theme of our engagement today — “Shared Vision, Shared Responsibility – Strengthening the NBFCs” — could not be more timely or relevant.

    2. The evolution of the NBFC sector is indeed a story of entrepreneurial energy, innovation and social impact. However, as the sector grows in scale and systemic importance, so too must our efforts to reinforce its foundations. A resilient, customer-centric, and well-governed NBFC sector is a shared aspiration — and delivering on it our shared responsibility.

    3. NBFCs have emerged as powerful engines of credit. By complementing the traditional banking system, they have significantly expanded access to credit, particularly for segments that have historically been underserved or excluded. Through innovative credit delivery models that harness technology and local insights, NBFCs have been able to design customised financial products tailored to diverse borrower needs. Their agility and close connect with customers have enabled them to play a role that is not only complementary to the role traditionally played by banks but, in many instances, catalytic in building a financial ecosystem characterised by deeper intermediation and wider opportunity.

    4. The importance of NBFCs has only grown with time. In fact, over the past decade, their growth has consistently outpaced that of banks — a trend that has become even more pronounced in the last few years. This rapid growth is a testament to the sector’s relevance and resilience — but it also raises the stakes. As NBFCs become more systemically important, the standards of governance, risk management, and customer treatment must rise accordingly.

    Understanding the Risks- Need for Responsible Innovation

    5. The business model of NBFCs — while effective — comes with its own set of structural risks. Their funding is short-term as compared to the maturity of their lending or is directed towards higher-risk customer segments.

    6. This maturity and credit transformation is at the heart of the NBFC model — but it also demands a heightened focus on risk management. If not carefully managed, it can create vulnerabilities, especially during periods of market stress or liquidity shocks.

    7. Risk-taking must be intelligent and well planned, and never beyond the risk absorption capacity of the entity concerned. Liquidity and credit risks must be rigorously assessed and managed. Asset-liability mismatches, nature and tenor of the funding sources, and concentration risks all need board-level oversight which should be ably supported by robust internal controls.

    Growth with Fairness: Customer-Centricity is Non-Negotiable

    8. Most importantly, even as we pursue scale, speed, and profits, we must not lose sight of fairness to the customer — that is the cornerstone of a sustainable business model. The NBFC sector must live up to its promise of inclusion by treating customers with dignity, transparency, and care. This entails ensuring transparent and easy-to-understand pricing, free from hidden charges or usurious interest rates. In instances of default, recovery practices must be conducted in an empathetic and respectful manner.

    9. Unfortunately, some NBFCs think they can pursue a business model where it is par for the course to resort to weak underwriting in pursuit of quick growth, coupled with excessive and unsustainable interest rates — at times masked as upfront charges or processing fees — which is followed by aggressive recovery practices upon default. Let me state unequivocally: this is not an acceptable model. Financial inclusion cannot be used as a pretext for financial exploitation. I urge each one of you to commit your institutions to upholding fairness in all your dealings.

    10. This responsibility for fair conduct is shared commitment by the CEO, the Board, and assurance functions in any entity. A customer-centric culture must be driven from the top and embedded at all levels.

    11. How do we ensure that our shared vision is realised, and our collective responsibilities are fulfilled? One of the most effective ways is by strengthening both internal and external assurance mechanisms.

    Strengthening Oversight: the Role of Audit Committee

    12. Let me begin with the Audit Committee of the Board (ACB). Far from being a routine compliance requirement, the ACB is the lynchpin of institutional oversight and long-term financial health. It plays a critical role in reinforcing governance, guiding management on assurance, and ensuring the integrity of internal control systems. When functioning effectively, it becomes a proactive forum for identifying vulnerabilities and initiating timely corrective actions.

    13. The role of the Audit Committee Chairperson is particularly significant in setting the tone for effective governance. It is essential that committee meetings are held regularly, conducted with clear purpose, and thoroughly documented to ensure accountability and follow-through.

    14. The effectiveness of the Committee is in the substance of its deliberations. The ACB must actively monitor the adequacy and functioning of internal control systems — not merely to confirm their presence, but to ensure they are operating effectively in practice. Similarly, audit observations should not remain confined to meeting minutes; they must translate into timely and meaningful corrective actions. A strong ACB also tracks audit findings and ensures that corrective measures are implemented without delay.

    15. Equally important is the establishment of an effective whistleblower mechanism overseen by the Board or the ACB which empowers employees and grants them anonymity, to report unethical or non-compliant behaviour, without fear of reprisal.

    16. CEOs too have a crucial role in upholding the integrity of financial reporting. They must actively deter any attempts—whether deliberate or cleverly disguised—to misapply accounting standards or regulatory provisions. It is equally important to foster an environment where the Chief Financial Officer and Head of Internal Audit feel empowered to engage in open, honest, and transparent dialogue with the Audit Committee of the Board.

    The Crucial Role of Statutory Auditors

    17. Now let me come to the role of Statutory Auditors, who are an indispensable part of the assurance ecosystem. In fact, the role of auditors has never been more critical — not merely in checking compliance, but in upholding trust. And trust, once lost, is hard to rebuild.

    18. Auditors are expected to provide an independent, professional opinion on whether the financial statements present a true and fair view of the NBFC’s financial position and comply with regulatory and accounting standards. However, in today’s complex and dynamic environment, this is no longer enough.

    19. Recent incidents — both in India and abroad — have shown that traditional financial audits must evolve. Auditors must bring technical expertise, forensic insight, and an ethical lens to their work. Red flags must not be ignored. Complex structures, derivatives, off-balance sheet items, related party transactions, and provisioning policies must be closely examined.

    Facilitative Role of Regulators and Supervisors

    20. As regulators and supervisors, we shoulder a dual responsibility — to safeguard stability and discipline, while also fostering an environment that encourages innovation, inclusion, and sustainable growth. Contrary to perception in certain quarters, our approach actively seeks to strike the right balance. At the Reserve Bank of India, we are acutely aware that regulation is not merely about control; it is about enabling responsible financial intermediation within a well-defined and transparent framework. Several initiatives in recent years reflect this facilitative and proportionate approach to regulation. In my previous role as a commercial banker, I had the fortuitous opportunity to be closely associated with one such initiative -the Regulations Review Authority 2.0 – which reinforced the RBI’s strong commitment to easing the regulatory burden and streamlining compliance without compromising regulatory objectives.

    21. The regulatory framework for NBFCs has evolved in the recent years with this understanding — gradually moving toward greater harmonisation with banks where warranted, while still preserving operational flexibility suited to the unique role NBFCs play in the financial system. The introduction of the scale-based regulatory framework explicitly recognises that the intensity of regulation and supervision must be proportionate to systemic importance. At the same time, the regulatory architecture encourages the development of responsible innovation and healthy competition in the sector.

    22. Similarly, the role of the supervisor has also become more interactive and forward-looking. It is not just about identifying compliance breaches after the fact, but about engaging with entities to strengthen internal systems, enhance governance, and build resilience against emerging risks. Through onsite inspections, offsite surveillance, thematic reviews, and structured engagements, the supervisory process aims to be a partner in the financial sector’s long-term soundness — not an impediment to its progress.

    Conclusion

    23. Our shared vision is clear: a dynamic, inclusive, and trusted NBFC sector that complements the banking system and serves the evolving needs of the Indian economy. And the way to achieve it is through shared responsibility — in governance, in customer protection, in financial prudence, and in ethical conduct.

    24. We in the regulatory community stand committed to supporting this journey. Our intent is not to stifle innovation but to ensure that growth is sustainable, risks are well-managed, and customer trust is never compromised. On behalf of the RBI, I can assure you that as regulators and supervisors we will remain committed to playing our part, not just as watchdogs, but as enablers of a robust, inclusive, and future-ready financial ecosystem.

    25. This conference gives us an opportunity to reflect on how we can contribute to this shared agenda. Whether making strategic decisions, chairing audit committees, or signing off on financials, drafting regulations or conducting supervision — we are shaping the sector’s future.

    26. Therefore, let us work together — with clarity of purpose and unity of action — to build a stronger, fairer, and more resilient NBFC ecosystem. Wealth creation should not just be for personal or institutional gain but to support the community, reflecting a sense of shared responsibility amongst all of us, in our pursuit to achieve an inclusive growth for all and realise the vision of Viksit Bharat 2047.

    27. With this I wish you all fruitful and enriching deliberations over the course of this conference and look forward to the ideas and insights that will emerge in pursuit of our shared vision. Thank you for this opportunity and wish you all good luck, Jai Hind!

    MIL OSI Economics –

  • MIL-OSI: Crypto Bubbles Come and Go: How Bitcoin Solaris’s Technology Aims for Stable, Long-Term Appreciation

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, May 31, 2025 (GLOBE NEWSWIRE) — As Phase 5 of its limited presale nears completion, Bitcoin Solaris (BTC-S) is gaining momentum for all the right reasons. With its innovative Nova App poised for launch and over $1.2 million raised from 11,000+ participants, the project signals a shift away from short-term hype and toward sustainable, long-term value creation.

    Bitcoin Solaris: Mining Reimagined for Real People

    In a world where mining has become elite, expensive, and inaccessible to most, Bitcoin Solaris is changing everything.

    At the core is the Solaris Nova App—a revolutionary, mobile-first platform designed to make crypto mining available to everyone, regardless of budget, location, or experience.

    Don’t Miss This Early BTC-S Opportunity

    With this app, users can:

    • Mine BTC-S from their smartphones, laptops, or desktop PCs
    • Adjust settings based on device performance to optimize energy use
    • Store mined BTC-S directly in the built-in wallet
    • Start earning with just a tap

    There’s no complex setup. No bulky rigs. No tech barriers.

    Bitcoin Solaris uses a hybrid Proof-of-Work + Delegated Proof-of-Stake model that processes up to 10,000 transactions per second, with finality in 2 seconds, and uses 99.95% less energy than traditional mining chains.

    This isn’t just mining made easier. This is mining made for the modern world—and it’s the foundation for true, lasting crypto growth.

    Final Hours of Phase 5: A Critical Entry Point

    The presale, which ends on July 31, 2025, is entering a key transition. With less than 30 hours before Phase 5 ends, token pricing will move from $5 to $6, continuing toward a public launch price of $20. Investors in this window also receive an 11% token bonus, maximizing early participation benefits before broader exposure.

    Key Presale Details:

    • Current Price: $5
    • Next Phase: $6
    • Public Launch Price: $20
    • Bonus: 11%
    • Supply Cap: 21 million BTC-S
    • Presale Allocation: 20% (4.2 million tokens)

    Unlike speculative offerings, Bitcoin Solaris ties its presale directly to the rollout of functional technology. The Nova App—currently in limited beta—is nearing full release, making early access a strategic opportunity rather than a speculative gamble.

    Why Influencers Are Lining Up to Support It

    Bitcoin Solaris hasn’t just caught the eyes of early users—it’s earning praise from trusted voices in the crypto space. Here’s what they’re saying:

    • Crypto Legends: Loved the accessibility of mining for everyday users
    • Crypto Royal: Highlighted the smooth UX and low energy consumption
    • Token Empire: Focused on long-term potential, calling it “Next to ec”
    • Token Galaxy: Praised the hybrid mining model and mobile innovation

    This isn’t just a flash of attention—it’s real validation from those who’ve seen dozens of projects rise and fall.

    Built for the Long Game, Not the Hype Game

    Bitcoin Solaris isn’t about hype. It’s about results.

    The team is shipping products, delivering milestones, and building around feedback. The Nova App is nearly ready for full release. The blockchain architecture is proven. Security is confirmed through a full Freshcoins audit and KYC verification. And the user base is growing by the hour.

    This is how long-term appreciation begins—by solving real problems and giving people real tools.

    Conclusion: A Technology-First Approach to Crypto Growth

    Crypto bubbles are temporary. But platforms built on utility, accessibility, and clear economic models are built to last. Bitcoin Solaris offers more than speculation—it offers a system designed for stability, scale, and real user value.

    As Phase 5 closes, the window to join at the $5 price point is closing fast. For those seeking a grounded entry into the next era of blockchain mining and crypto income, Bitcoin Solaris is open now—and built for the long game.

    Make the move. Build the future.

    For More Information
    Website: https://www.bitcoinsolaris.com/
     Telegram: https://t.me/Bitcoinsolaris
     X (Twitter): https://x.com/BitcoinSolaris

    Media Contact
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This is a paid post and is provided by Bitcoin Solaris. 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.

    Photos accompanying this announcement are available at:
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    The MIL Network –