Category: Business

  • MIL-OSI: UAB “Atsinaujinančios energetikos investicijos“ publishes interim financial statements for the 3-month period of 2025

    Source: GlobeNewswire (MIL-OSI)

    UAB “Atsinaujinančios energetikos investicijos” (the Company) publishes its unaudited interim condensed consolidated financial statements for the 3-month period of 2025. 

    Financial results 

    • As at 31 March 2025, the Company’s total assets were EUR 189 711 thousand, total equity was EUR 98 345 thousand, and total liabilities were EUR 91 366 thousand. 
    • As at 31 March 2025, the Company’s investment assets at fair value through profit or loss were EUR 167 392 thousand, which compared to 31 December 2024, increased by EUR 7 490 thousand or 4.68%.
    • For the period January – March 2025, the Company reported a comprehensive loss of EUR 2 205 thousand. This financial outcome is primarily attributed to the Company’s income structure, which relies on changes in the fair value of its investment portfolio. As stipulated in the Company’s prospectus, the valuation of the Company’s investment portfolio is delegated to an independent appraiser and is conducted annually. It is noteworthy that the valuation of the Company’s investments did not occur during the January – March 2025 period, and this assessment is scheduled for 31 October 2025. Throughout January – March 2025, the Company incurred expenses related to development projects, operational activities, and cost of debt. 

    Contact person for further information:

    Mantas Auruškevičius

    Manager of the Investment Company

    Mantas.Auruskevicius@lordslb.lt

    Attachment

    The MIL Network

  • MIL-OSI: WSI Web Enhancers’ Jukka Jumisko Earns AI Consultant Certification from Leading Digital Marketing Network

    Source: GlobeNewswire (MIL-OSI)

    Albuquerque, New Mexico, May 30, 2025 (GLOBE NEWSWIRE) — Jukka Jumisko, founder of WSI Web Enhancers and a recognized leader in digital marketing in New Mexico, has earned his certification as an AI Consultant through WSI, the world’s largest network of digital marketing consultants. This achievement supports Jumisko’s mission to help local businesses integrate AI into their business with strategy and measurable impact.

    WSI Helping Business Navigate Artificial Intelligence.

    Over the last 18 months, Jumisko has emerged as a passionate educator and advocate for AI’s practical applications in business, speaking at conferences and on podcasts about how AI can empower companies to operate smarter, not harder.

    “AI isn’t here to replace us – it’s here to amplify our strengths. With WSI’s AI Adoption Roadmap, we now have a structured, accessible framework that takes the guesswork out of AI. It makes innovation feel achievable.”

    – Jukka Jumisko

    WSI’s certification equips consultants like Jumisko with a proven framework to help clients implement AI effectively. The methodology emphasizes:

    • Clarity and Simplicity – Clear steps from curiosity to execution.
      Personalized Strategies – Tailored to each business’s goals and values.
      Practical Innovation – Focused on real outcomes, not hype.

    A Local Leader in Marketing with Global Reach

    Originally from Finland, Jumisko rebuilt his life in New Mexico after personal and financial challenges. He launched WSI Web Enhancers in Albuquerque, which soon became the fastest-growing WSI franchise worldwide.

    His journey didn’t stop at success – it extended into service. He has since led hands-on training workshops for small businesses, teaching entrepreneurs how to build their websites and optimize for SEO. One such student, a 60-year-old Reiki healer with only $600 to invest, followed Jumisko’s teachings and quickly rose to rank #1 on Google for her niche in Albuquerque.

    “I believe in building both businesses and communities. Helping a global tech company build a satellite temperature app one month, then empowering a local healer to thrive online the next – that’s the kind of range and purpose I strive for.”

    – Jukka Jumisko

    The Future of AI-Driven Marketing in New Mexico

    With this new certification, Jumisko is expanding WSI Web Enhancers’ services to include AI-powered audits, automation strategy sessions, and custom implementation plans. His global team and local expertise enable him to deliver enterprise-level results while maintaining a human-centered approach.

    “I’ve chosen a life that blends freedom, impact, and innovation. AI doesn’t have to be overwhelming – it just has to be intentional. And I’m here to help companies bridge that gap.” 

    – Jukka Jumisko

    About WSI Web Enhancers
    WSI Web Enhancers is the world’s largest full-service digital marketing agency based in Albuquerque, NM, and part of the global WSI network, which operates in over 80 countries and has a 25+ year history of helping businesses succeed online. WSI specializes in SEO, website development, paid advertising, and AI-driven digital strategies for growth-focused businesses.

    To learn more about our services, visit our website or contact us directly today!.

    Media Contact:
    Jukka Jumisko
    Certified AI Consultant
    WSI Web Enhancers
    Email: jjumisko@wsiwebenhancers.com
    Website: wsiwebenhancers.com

    Jukka Jumisko Earns AI Business Consultant Certification.

    A video associated with this press release is available https://youtube.com/embed/Xc8O6hTfEN0

    The MIL Network

  • MIL-OSI: IDT Corporation to Report Third Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    NEWARK, NJ, May 30, 2025 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, has scheduled its report of financial and operational results for the third quarter fiscal year 2025 (the three months ended April 30, 2025) on Thursday, June 5, 2025.

    IDT’s earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-andmedia) at approximately 4:15 PM Eastern.

    IDT will host an earnings conference call beginning at 5:00 PM Eastern with management’s discussion of results followed by Q&A with investors. To listen to the call and participate in the Q&A, dial 1-888-506-0062 (toll-free from the US) or 1-973-528-0011 (international) and provide the following access code: 491722.

    A replay of the conference call will be available approximately three hours after the call concludes through June 19, 2025. To access the call replay, dial 1-877-481-4010 (toll-free from the US) or 1-919-882-2331 (international) and provide this replay passcode: 52353. The replay will also be accessible via streaming audio at the IDT investor relations website.

    ABOUT IDT CORPORATION

    IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

    Contact:
    Bill Ulrey
    IDT Investor Relations
    Phone: (973) 438-3838
    E-mail: invest@idt.net

    ###

    The MIL Network

  • MIL-OSI: TSplus Releases Server Monitoring Version 6 – A Major Step Forward in Remote Infrastructure Management

    Source: GlobeNewswire (MIL-OSI)

    PARIS, May 30, 2025 (GLOBE NEWSWIRE) — TSplus is proud to announce the official release of Server Monitoring Version 6, a major upgrade that reinforces its commitment to providing powerful and user-friendly tools for IT professionals managing remote infrastructures.

    Real-time Monitoring for Remote Work Infrastructures

    TSplus Server Monitoring is a real-time server and website monitoring solution designed to help IT teams monitor remote servers and online resources with ease. It enables administrators to collect and analyze both real-time and historical data about servers, websites, applications, and users.

    Key features include:

    • Real-time Server Monitoring (performance, processes, bandwidth, user activity)
    • Website Monitoring (availability and response time)
    • Centralized Dashboard for all servers and websites
    • Alerts Management (customizable alerts with email—and now SMS—notifications)
    • Ready-to-use and customizable reports

    This powerful tool provides the visibility needed to ensure optimal performance, identify issues early, and support business continuity across remote environments.

    What’s New in Version 6 to Monitor Remote Server

    With the release of Version 6, Server Monitoring gains valuable new capabilities to boost reliability and control. The most significant enhancement is agent-side data tracking: when a monitored server temporarily loses connection with the central console, the local agent continues tracking performance metrics and uploads the data once the link is restored—ensuring no monitoring gaps.

    Additional improvements in this version include:

    • SMS alerting via Twilio, for instant, mobile notifications
    • A new “Detailed Performance” report for deep analytics
    • Visual alerts for stopped services and one-click restart from the dashboard
    • Smarter database usage reporting and UI refinements
    • 12 new language translations for better global accessibility including Czech, Spanish, Finnish, Italian, Turkish, and Chinese

    Version 6 is now also available through subscription licenses, in addition to the permanent licensing option, giving users ongoing access to all updates and new features. It is an ideal addition to the TSplus software suite—Remote Access, Advanced Security, and Remote Support—forming a complete solution to secure, access, monitor, and support any remote infrastructure.

    We designed Server Monitoring to give IT administrators the visibility and control they need to maintain performance and stability across their networks,” said Adrien Carbonne, TSplus CTO.Version 6 reflects the feedback and needs of our users, and we encourage customers to continue sharing their experiences to help us keep improving.”

    Learn more: Download and Try TSplus Server Monitoring for free at https://tsplus.net/server-monitoring.

    Press Contact:
    Caleb Zaharris
    Marketing Director at TSplus
    caleb.zaharris@tsplus.net

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6221b24e-7001-466d-a4b9-2a0ff52f88cd

    The MIL Network

  • Global universities seek to lure US-bound students amid Trump crackdown

    Source: Government of India

    Source: Government of India (4)

    Universities around the world are seeking to offer refuge for students impacted by U.S. President Donald Trump’s crackdown on academic institutions, targeting top talent and a slice of the billions of dollars in academic revenue in the United States.

    Osaka University, one of the top ranked in Japan, is offering tuition fee waivers, research grants and help with travel arrangements for students and researchers at U.S. institutions who want to transfer.

    Japan’s Kyoto University and Tokyo University are also considering similar schemes, while Hong Kong has instructed its universities to attract top talent from the United States. China’s Xi’an Jiaotong University has appealed for students at Harvard, singled out in Trump’s crackdown, promising “streamlined” admissions and “comprehensive” support.

    Trump’s administration has enacted massive funding cuts for academic research, curbed visas for foreign students – especially those from China – and plans to hike taxes on elite schools.

    Trump alleges top U.S. universities are cradles of anti-American movements. In a dramatic escalation, his administration last week revoked Harvard’s ability to enrol foreign students, a move later blocked by a federal judge.

    Masaru Ishii, dean of the graduate school of medicine at Osaka University, described the impact on U.S. universities as “a loss for all of humanity”.

    Japan aims to ramp up its number of foreign students to 400,000 over the next decade, from around 337,000 currently.

    Jessica Turner, CEO of Quacquarelli Symonds, a London-based analytics firm that ranks universities globally, said other leading universities around the world were trying to attract students unsure of going to the United States.

    Germany, France and Ireland are emerging as particularly attractive alternatives in Europe, she said, while in the Asia-Pacific, New Zealand, Singapore, Hong Kong, South Korea, Japan, and mainland China are rising in profile.

    SWITCHING SCHOOLS

    Chinese students have been particularly targeted in Trump’s crackdown, with U.S. Secretary of State Marco Rubio on Wednesday pledging to “aggressively” crack down on their visas.

    More than 275,000 Chinese students are enrolled in hundreds of U.S. colleges, providing a major source of revenue for the schools and a crucial pipeline of talent for U.S. technology companies.

    International students – 54% of them from India and China – contributed more than $50 billion to the U.S. economy in 2023, according to the U.S. Department of Commerce.

    Trump’s crackdown comes at a critical period in the international student application process, as many young people prepare to travel to the U.S. in August to find accommodation and settle in before term starts.

    Dai, 25, a Chinese student based in Chengdu, had planned to head to the U.S. to complete her master’s but is now seriously considering taking up an offer in Britain instead.

    “The various policies (by the U.S. government) were a slap in my face,” she said, requesting to be identified only by her surname for privacy reasons. “I’m thinking about my mental health and it’s possible that I indeed change schools.”

    Students from Britain and the European Union are also now more hesitant to apply to U.S. universities, said Tom Moon, deputy head of consultancy at Oxbridge Applications, which helps students in their university applications.

    He said many international students currently enrolled at U.S. universities were now contacting the consultancy to discuss transfer options to Canada, the UK and Europe.

    According to a survey the consultancy ran earlier this week, 54% of its clients said they were now “less likely” to enrol at an American university than they were at the start of the year.

    There has been an uptick in applications to British universities from prospective students in the U.S., said Universities UK, an organisation that promotes British institutions. It cautioned, however, that it was too early to say whether that translates into more students enrolling.

    REPUTATIONAL EFFECTS

    Ella Ricketts, an 18-year-old first year student at Harvard from Canada, said she receives a generous aid package paid for by the school’s donors and is concerned that she won’t be able to afford other options if forced to transfer.

    “Around the time I was applying to schools, the only university across the Atlantic I considered was Oxford… However, I realised that I would not be able to afford the international tuition and there was no sufficient scholarship or financial aid available,” she said.

    If Harvard’s ability to enrol foreign students is revoked, she would most likely apply to the University of Toronto, she said.

    Analytics firm QS said overall visits to its ‘Study in America’ online guide have declined by 17.6% in the last year — with interest from India alone down over 50%.

    “Measurable impacts on enrolment typically emerge within six to 18 months. Reputational effects, however, often linger far longer, particularly where visa uncertainty and shifting work rights play into perceptions of risk versus return,” said QS’ Turner.

    That reputational risk, and the ensuing brain drain, could be even more damaging for U.S. institutions than the immediate economic hit from students leaving.

    “If America turns these brilliant and talented students away, they will find other places to work and study,” said Caleb Thompson, a 20-year-old U.S. student at Harvard, who lives with eight international scholars.

    -Reuters

  • MIL-OSI Russia: IMF Staff Conclude Article IV Discussions and Reach Staff-Level Agreement on the Third Review of the Extended Credit Facility for Ethiopia

    Source: IMF – News in Russian

    May 30, 2025

    • IMF staff and the Ethiopian authorities have reached staff-level agreement on economic policies to conclude the third review of the four-year US$3.4 billion Extended Credit Facility arrangement. Once approved by the IMF Executive Board, Ethiopia will gain access to about US$260 million in financing.
    • Ethiopia’s macroeconomic performance has exceeded program expectations, with better-than-forecast results for inflation, export growth, and international reserves.
    • Maintaining reform momentum remains essential for consolidating recent gains, correcting macroeconomics imbalances, restoring external debt sustainability, laying the foundations for high, private sector-led growth, and ensuring the success of Ethiopia’s homegrown reform agenda.

    Washington, DC: A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris, visited Addis Ababa from April 3 to 17, 2025, to discuss the 2025 Article IV consultation and the third review under the Extended Credit Facility (ECF). Discussions continued at the Spring Meetings in Washington DC, April 21-28, and subsequently. The ECF arrangement was approved by the IMF Executive Board on July 29, 2024, for a total amount of US$3.4 billion (SDR 2.556 billion). Subject to approval by the IMF Executive Board, the third review will make available about US$260 million (SDR191.7 million), bringing total IMF financial support under the ECF arrangement so far to about US$1,849 million (SDR1,406.4 million).

    Today, Mr Piris issued the following statement:

    “The IMF staff team and the Ethiopian authorities have reached staff-level agreement on the third review of Ethiopia’s economic program under the ECF arrangement. The agreement is subject to the approval of IMF management and the Executive Board in the coming weeks. A memorandum of understanding with official creditors is expected to be agreed ahead of the IMF Board’s consideration of the third review.

    “The authorities’ policy actions in the first year of the program have yielded strong results. The transition to a flexible exchange rate regime has proceeded with little disruption. Measures to modernize monetary policy, mobilize domestic revenues, enhance social safety nets, strengthen state-owned enterprises, and anchor financial stability continue to show encouraging results. Macroeconomic indicators have performed better than expected, with substantially better outcomes than forecast for inflation, goods exports, and international reserves.

    “Recent policy action should help deepen the FX market and tackle remaining distortions. While real exchange misalignment has been corrected and FX availability has improved from a year ago, the spread between the official and parallel market widened again in early 2025 and high fees and commissions persist. Actions that are being rolled out to enhance transparency, reduce costs, ease restrictions on current account transactions, and strengthen prudential regulation will help to improve the functioning of the FX market.

    “Maintaining reform momentum will be key to consolidating gains and securing sustainable high growth. Continued tight monetary and financial conditions will be important for managing inflation and exchange rate expectations. Further revenue mobilization is needed to provide sustainable financing for critical development spending. Reforms to improve the business environment, ensure fair taxation practices, encourage foreign direct investment, and facilitate open dialogue with business will be important to secure private sector investment. Efforts to end the remaining elements of financial repression and develop the capital market will help to mobilize savings and support the efficient allocation of capital.

    “The staff team is grateful to the authorities for the excellent policy discussions and their strong commitment to the success of the IMF-supported economic program. The team met with Minister of Finance Ahmed Shide, Governor of the National Bank of Ethiopia Mamo Mihretu, State Minister of Finance Eyob Tekalign, and other senior officials. Staff also had productive discussions with representatives of banks and businesses that are operating in a range of sectors and representatives of civil society.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Tatiana Mossot

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/05/30/pr-25167-ethiopia-imf-staff-conclude-art-iv-discuss-and-reach-agreement-on-3rd-rev-of-ecf

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI USA: US, Ghana conclude medical readiness exercise during African Lion 2025

    Source: United States Army

    1 / 3 Show Caption + Hide Caption – U.S Army Capt. Patrick Benoit, a general surgeon assigned to the Landstuhl Regional Medical Center, operates on a child during the medical readiness exercise (MEDREX) at the 37th Military Hospital in Accra, Ghana, May 20, 2025. Part of African Lion 2025 (AL25), this MEDREX is planned and executed by U.S. Army Southern European Task Force, Africa (SETAF-AF), and prepares U.S. military health professionals for the challenges of providing care outside of traditional clinical settings. By working alongside African partners, U.S. medical professionals refine their ability to deliver rapid, adaptable, and resource efficient medical care, directly increasing medical readiness for large scale combat operations.

    AL25, the largest annual military exercise in Africa, will take place from April 14 to May 23, 2025. Led by SETAF-AF, on behalf of U.S. Africa Command with over 10,000 troops from more than 50 nations, including seven NATO allies, across Ghana, Morocco, Senegal, and Tunisia. The exercise aims to bolster military readiness, enhance lethality, and foster stronger partnerships, ultimately improving joint capabilities in complex multi-domain environments to enable participating forces to deploy, fight, and win. (U.S. Army photo by 1st Lt. Katherine Sibilla) (Photo Credit: 1st Lt. Katherine Sibilla)

    VIEW ORIGINAL

    2 / 3 Show Caption + Hide Caption – U.S Army Maj. Kelsey White, an obstetrician assigned to the Landstuhl Regional Medical Center, performs a cesarean section (C-section) during the medical readiness exercise (MEDREX) at the 37th Military Hospital in Accra, Ghana, May 20, 2025. Part of African Lion 2025 (AL25), this MEDREX is planned and executed by U.S. Army Southern European Task Force, Africa (SETAF-AF), and prepares U.S. military health professionals for the challenges of providing care outside of traditional clinical settings. By working alongside African partners, U.S. medical professionals refine their ability to deliver rapid, adaptable, and resource efficient medical care, directly increasing medical readiness for large scale combat operations.

    AL25, the largest annual military exercise in Africa, will take place from April 14 to May 23, 2025. Led by SETAF-AF, on behalf of U.S. Africa Command with over 10,000 troops from more than 50 nations, including seven NATO allies, across Ghana, Morocco, Senegal, and Tunisia. The exercise aims to bolster military readiness, enhance lethality, and foster stronger partnerships, ultimately improving joint capabilities in complex multi-domain environments to enable participating forces to deploy, fight, and win. (U.S. Army photo by 1st Lt. Katherine Sibilla) (Photo Credit: 1st Lt. Katherine Sibilla)

    VIEW ORIGINAL

    3 / 3 Show Caption + Hide Caption – U.S. Army Sgt. Farah Hamouda, a respiratory technician assigned to the Landstuhl Regional Medical Center, listens to a patient’s heartbeat in the intensive care unit during the medical readiness exercise (MEDREX) at the 37th Military Hospital in Accra, Ghana, May 22, 2025. Part of African Lion 2025 (AL25), this MEDREX is planned and executed by U.S. Army Southern European Task Force, Africa (SETAF-AF), and prepares U.S. military health professionals for the challenges of providing care outside of traditional clinical settings. By working alongside African partners, U.S. medical professionals refine their ability to deliver rapid, adaptable, and resource efficient medical care, directly increasing medical readiness for large scale combat operations.

    AL25, the largest annual military exercise in Africa, will take place from April 14 to May 23, 2025. Led by SETAF-AF, on behalf of U.S. Africa Command with over 10,000 troops from more than 50 nations, including seven NATO allies, across Ghana, Morocco, Senegal, and Tunisia. The exercise aims to bolster military readiness, enhance lethality, and foster stronger partnerships, ultimately improving joint capabilities in complex multi-domain environments to enable participating forces to deploy, fight, and win. (U.S. Army photo by 1st Lt. Katherine Sibilla) (Photo Credit: 1st Lt. Katherine Sibilla)

    VIEW ORIGINAL

    Back to

    U.S. Army Southern European Task Force, Africa (SETAF-AF)

    ACCRA, Ghana — Twenty-seven U.S. medical professionals from Landstuhl Regional Medical Center (LMRC), Dental Health Activity Rheinland-Pfalz, Public Health Command Europe and the North Dakota National Guard concluded a medical readiness exercise (MEDREX) on May 23, 2025 in Accra, Ghana as part of African Lion 2025 (AL25).

    From May 5–23, U.S. service members worked alongside Ghana Armed Forces (GAF) personnel at the 37th Military Hospital, the GAF Veterinary Clinic and the Ghana National Dog Academy.

    U.S. Air Force Lt. Col. Shameka Williams, left, a certified nurse midwife assigned to the 48th Medical Group, 48th Fighter Wing, U.S. Air Forces in Europe – Air Forces Africa, and a Ghanaian midwife pose for a photo while holding a newborn during the medical readiness exercise (MEDREX) at the 37th Military Hospital in Accra, Ghana, May 19, 2025. Part of African Lion 2025 (AL25), this MEDREX is planned and executed by U.S. Army Southern European Task Force, Africa (SETAF-AF), and prepares U.S. military health professionals for the challenges of providing care outside of traditional clinical settings. By working alongside African partners, U.S. medical professionals refine their ability to deliver rapid, adaptable, and resource efficient medical care, directly increasing medical readiness for large scale combat operations.

    AL25, the largest annual military exercise in Africa, will take place from April 14 to May 23, 2025. Led by SETAF-AF, on behalf of U.S. Africa Command with over 10,000 troops from more than 50 nations, including seven NATO allies, across Ghana, Morocco, Senegal, and Tunisia. The exercise aims to bolster military readiness, enhance lethality, and foster stronger partnerships, ultimately improving joint capabilities in complex multi-domain environments to enable participating forces to deploy, fight, and win. (U.S. Army photo by 1st Lt. Katherine Sibilla) (Photo Credit: 1st Lt. Katherine Sibilla)

    VIEW ORIGINAL

    Medical services included obstetrics and gynecology, trauma surgery, general surgery, critical and intensive care, anesthesia, emergency medicine, dentistry, and veterinary care.

    “MEDREX provides hands-on opportunities to increase medical response capabilities in real-world scenarios, ensuring that we are prepared for both combat and humanitarian operations,” said

    U.S. Air Force Lt. Col. Mary Stuever, trauma medical director at LMRC and trauma surgeon.

    This year, MEDREX Ghana was integrated into AL25, the largest annual combined, joint exercise of U.S. Africa Command, led by SETAF-AF, across Ghana, Morocco, Senegal and Tunisia.

    “I think my colleagues have sharpened their ability to operate in diverse environments,” said

    Sgt. 1st Class Albert Nimako, a combat medic assigned to Landstuhl Regional Medical Center. “By working alongside African partners, we have refined our ability to deliver rapid, adaptable, and resource-efficient care.”

    Nimako returned to Ghana for his second MEDREX, after volunteering for the 2024 Ghana MEDREX last May. Originally from Kumasi, Ghana, he joined the U.S. Army in 2009.

    U.S. Army Maj. Bryant Farr, an endodontist assigned to Dental Health Activity Bavaria, examines the mouth of a patient during the medical readiness exercise (MEDREX) at the 37th Military Hospital in Accra, Ghana, May 19, 2025. Part of African Lion 2025 (AL25), this MEDREX is planned and executed by U.S. Army Southern European Task Force, Africa (SETAF-AF), and prepares U.S. military health professionals for the challenges of providing care outside of traditional clinical settings. By working alongside African partners, U.S. medical professionals refine their ability to deliver rapid, adaptable, and resource efficient medical care, directly increasing medical readiness for large scale combat operations.

    AL25, the largest annual military exercise in Africa, will take place from April 14 to May 23, 2025. Led by SETAF-AF, on behalf of U.S. Africa Command with over 10,000 troops from more than 50 nations, including seven NATO allies, across Ghana, Morocco, Senegal, and Tunisia. The exercise aims to bolster military readiness, enhance lethality, and foster stronger partnerships, ultimately improving joint capabilities in complex multi-domain environments to enable participating forces to deploy, fight, and win. (U.S. Army photo by 1st Lt. Katherine Sibilla) (Photo Credit: 1st Lt. Katherine Sibilla)

    VIEW ORIGINAL

    “The exercise helps my unit to better prepare to work in austere environments and also work with limited resources,” Nimako said about the 2024 MEDREX. “It brings to our awareness that we will not always have the luxury of working with all the equipment and supplies at our disposal.”

    U.S. Army Capt. Kylie Smith, a veterinarian assigned to Public Health Command Europe, and Dr. David Rogers, a veterinarian with Ghana Armed Forces Veterinary Services, perform a cesarean section on a sheep during the medical readiness exercise (MEDREX) at the Ghana Armed Forces Veterinary Services in Accra, Ghana, May 20, 2025. During the MEDREX, Smith had the opportunity to work with animals she had not treated before. Part of African Lion 2025 (AL25), this MEDREX is planned and executed by U.S. Army Southern European Task Force, Africa (SETAF-AF), and prepares U.S. military health professionals for the challenges of providing care outside of traditional clinical settings. By working alongside African partners, U.S. medical professionals refine their ability to deliver rapid, adaptable, and resource efficient medical care, directly increasing medical readiness for large scale combat operations.

    AL25, the largest annual military exercise in Africa, will take place from April 14 to May 23, 2025. Led by SETAF-AF, on behalf of U.S. Africa Command with over 10,000 troops from more than 50 nations, including seven NATO allies, across Ghana, Morocco, Senegal, and Tunisia. The exercise aims to bolster military readiness, enhance lethality, and foster stronger partnerships, ultimately improving joint capabilities in complex multi-domain environments to enable participating forces to deploy, fight, and win. (U.S. Army photo by 1st Lt. Katherine Sibilla) (Photo Credit: 1st Lt. Katherine Sibilla)

    VIEW ORIGINAL

    This year’s MEDREX proved highly successful, with participants treating more than 12,000 patients in just three weeks. The mission enabled U.S. personnel to collaborate with other military medical teams and operate in unfamiliar environments—enhancing clinical readiness and adaptability.

    U.S. Army Staff Sgt. Hope Cruse, left, an animal care specialist, and right, U.S. Army Capt. Kylie Smith, a veterinarian, both assigned to Public Health Command Europe, perform a cesarean section (C-section) on a sheep during the medical readiness exercise (MEDREX) at the in Accra, Ghana, May 20, 2025. Cruse and Smith both had the opportunity to work with animals during the MEDREX that they had not treated before. Part of African Lion 2025 (AL25), this MEDREX is planned and executed by U.S. Army Southern European Task Force, Africa (SETAF-AF), and prepares U.S. military health professionals for the challenges of providing care outside of traditional clinical settings. By working alongside African partners, U.S. medical professionals refine their ability to deliver rapid, adaptable, and resource efficient medical care, directly increasing medical readiness for large scale combat operations.

    AL25, the largest annual military exercise in Africa, will take place from April 14 to May 23, 2025. Led by SETAF-AF, on behalf of U.S. Africa Command with over 10,000 troops from more than 50 nations, including seven NATO allies, across Ghana, Morocco, Senegal, and Tunisia. The exercise aims to bolster military readiness, enhance lethality, and foster stronger partnerships, ultimately improving joint capabilities in complex multi-domain environments to enable participating forces to deploy, fight, and win. (U.S. Army photo by 1st Lt. Katherine Sibilla) (Photo Credit: 1st Lt. Katherine Sibilla)

    VIEW ORIGINAL

    MEDREX is planned and executed by U.S. Army Southern European Task Force, Africa (SETAF-AF), and prepares U.S. military health professionals for the challenges of providing care outside of traditional clinical settings. By working alongside African partners, U.S. medical professionals refine their ability to deliver rapid, adaptable, and resource efficient medical care, directly increasing medical readiness for large scale combat operations.

    About African Lion

    AL25, the largest annual military exercise in Africa, brings together over 50 nations, including seven NATO allies and 10,000 troops to conduct realistic, dynamic and collaborative training in an austere environment that intersects multiple geographic and functional combatant commands. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) on behalf of the U.S. Africa Command, AL25 takes place from April 14 to May 23, 2025, across Ghana, Morocco, Senegal, and Tunisia. This large-scale exercise will enhance our ability to work together in complex, multi-domain operations—preparing forces to deploy, fight and win.

    About SETAF-AF

    U.S. Army Southern European Task Force, Africa (SETAF-AF) prepares Army forces, executes crisis response, enables strategic competition and strengthens partners to achieve U.S. Army Europe and Africa and U.S. Africa Command campaign objectives.

    Follow SETAF-AF on: Facebook, X, Instagram, YouTube, LinkedIn & DVIDS.

    MIL OSI USA News

  • MIL-OSI Africa: “A Mission, Not a Job!” – African Development Bank President reflects on a decade of leadership

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

    ABIDJAN, Ivory Coast, May 30, 2025/APO Group/ —

    Speaking Monday at a breakfast meeting with journalists, the President of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, described his ten-year presidency as a consuming yet profoundly fulfilling mission.

    The press briefing is the first official event of the Bank’s 2025 Annual Meetings, taking place in Abidjan, Cote d’Ivoire from 26 to 30 May 2025 – during which a new president of the Bank will be elected.

    “This is not a job. If anyone is looking for a job, please don’t take it. This is not a job. This is a mission,” he said. “As my wife Grace and staff would tell you, for ten years I have had no life. Completely zero. I worked every single day. Every single step.”

    Adesina expressed gratitude for the opportunity to lead the institution. “Serving as President of the African Development Bank Group has been the greatest honor of my life,” he said. “It has been a decade of relentless purpose, of enduring passion, and of tireless service.”

    The event was attended by journalists covering the Annual Meetings, which are expected to draw a record 6,000 delegates from 91 countries, including policymakers, private sector leaders, academics, civil society, development partners, and media.

    “[This] is one of my favorite moments of every Annual Meeting. It gives me the opportunity to speak frankly, reflect deeply, and thank you sincerely,” Adesina told the journalists , adding that the 2025 Meetings are “the final chapter of a remarkable decade of transformation.”

    Delivering his remarks in English and French, Adesina reeled out the Bank’s biggest achievements, including the largest capital increase in its history, from $93 billion in 2015 to $318 billion; the record replenishment of the African Development Fund, raising $8.9 billion; and the half a billion Africans who have benefited from the Bank’s investments under his leadership.

    Adesina’s presidency began in 2015 with the launch of the “High 5s” development priorities: Light Up and Power Africa, Feed Africa, Industrialize Africa, Integrate Africa, and Improve the Quality of Life for the People of Africa.

    Ten years on, those priorities have made a profound impact. “The High 5s have impacted on the lives of over 565 million people across Africa,” Adesina said. “These are not just figures. They are futures. They are hopes realized.”

    He expressed his gratitude to the media for their support over the past decade, and for their presence at the last annual meetings under his headship. “Your role is more important than ever,” he said. “You are not just observers. You are amplifiers of Africa’s voice. You shape the narrative. You challenge us. You inform the world.”

    Echoing his keynote remarks from the All-Africa Media Leaders’ Summit in May 2024 in Nairobi, Kenya, Adesina called for the emergence of African media platforms that will credibly amplify positive continental narratives on a global scale.

    Looking ahead, Adesina expressed pride in the transformation of the Bank during his tenure, and its enhanced global stature. “The African Development Bank you have today is not the African Development Bank you used to have. This is a global institution now.” he said.

    Asked what advice he would offer his successor, Adesina responded, “The responsibility of that leader is to build on the past, to look far into the future, and to find within themselves what courage it takes to stand up for Africa’s interests. To make sure that Africa’s voice is never silenced on issues that matter globally and where it matters globally.”

    Reflecting on the forthcoming transition, and the institution he will hand over on September 1, 2025, Adesina declared, “Leadership may change, but the mission remains. The Bank’s direction is clear, its resolve strong, and its commitment to Africa’s development unshakable.”

    MIL OSI Africa

  • MIL-OSI Security: Indian National Pleads Guilty to Defrauding Elderly Victims in Excess of $2M

    Source: US FBI

    WILMINGTON, Del. – Acting U.S. Attorney Shannon T. Hanson announced today that Rakeshkumar Patel, age 36, of Flushing, New York, pleaded guilty to wire fraud conspiracy for his role in an elder fraud scam targeting older Americans.  The Honorable U.S. District Judge Richard G. Andrews accepted the plea. 

    According to court documents, between at least May 2023 and May 2024, the defendant, who was in the U.S. illegally, conspired with others to defraud elderly victims in Delaware and throughout the country of at least $2,154,889.  The victims were contacted over the phone by fraudsters posing as federal agents.  The fraudsters convinced each victim that their identity had been compromised and that they were the subject of a federal investigation.  To cooperate with the fake federal investigation, the victims were instructed to liquidate their life savings and convert those savings into cash or gold bars.  The victims were then directed to deliver that cash or gold to couriers posing as federal agents—like the defendant—who picked up the cash or gold from the victims’ residences or other public places.

    “The Department’s Elder Justice Initiative is committed to protecting elderly victims from being swindled out of their hard-earned life savings by bad actors like Patel,” said Acting U.S. Attorney Shannon T. Hanson.  “Together, with our law enforcement partners, my office will continue to identify, investigate, and prosecute those who scam the elderly for financial gain.  We encourage all members of the public to remain vigilant against these scams.  If you think you or a loved one may have been defrauded, make a report to law enforcement immediately.”

    “When you talk to victims, you see and hear how gut wrenching and devastating these scams are. They’re often facing deep financial anxiety and are emotionally distressed, with the aftereffects weighing heavy on all aspects of their lives,” says FBI Baltimore Special Agent in Charge Bill DelBagno. “The FBI and our partners are working steadfastly every day to educate the public to avoid these scams and to identify, disrupt, and bring to justice those committing these appalling crimes.”

    If you or someone you know is age 60 or older and has been a victim of financial fraud, help is available through the National Elder Fraud Hotline: 1-833 FRAUD-11 (1-833-372-8311).  You can also report fraud to any local law enforcement agency or on the FBI’s Internet Crime Complaint Center at www.ic3.gov.

    The FBI requests victims report:

    • The name of the person or company that contacted you.
    • Methods of communication used, including websites, emails, and telephone numbers.
    • Any bank account number(s) to which you wired funds and the recipient’s name(s).
    • The name and location of the metal dealer company and the account to which you wired funds, if you were instructed to buy precious metals.

    As a result of Patel’s guilty plea to the wire fraud conspiracy, he faces more than five years in federal prison when sentenced.  Judge Andrews will determine the defendant’s sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    This case was investigated by FBI Baltimore Field Office’s Wilmington Resident Agency.   Assistant U.S. Attorneys William E. LaRosa and Alexander P. Ibrahim are prosecuting the case. 

    A copy of this press release is located on the website of the U.S. Attorney’s Office for the District of Delaware.  Related court documents and information is located on the website of the District Court for the District of Delaware or on PACER by searching for Case No. 25-CR-46.

    MIL Security OSI

  • MIL-OSI Security: South Carolina Man Charged in Maryland for Multimillion-Dollar Medicare Fraud and Ponzi Schemes

    Source: US FBI

    Baltimore, Maryland – Today, the U.S. Attorney’s Office for the District of Maryland unsealed two indictments. The indictments charged a South Carolina man with defrauding Medicare through a laboratory test scheme during the COVID-19 pandemic and with defrauding customers of his private charter jet company.

    Kelly O. Hayes, U.S. Attorney for the District of Maryland, announced the indictment with Matthew R. Galeotti, Head of the Justice Department’s Criminal Division; Special Agent in Charge William J. DelBagno, Federal Bureau of Investigation (FBI) – Baltimore Field Office; Special Agent in Charge Maureen R. Dixon, Department of Health and Human Services Office of Inspector General (HHS-OIG); and Special Agent in Charge Greg Thompson, Department of Transportation Office of Inspector General (DOT-OIG).

    As alleged in the first indictment, during the COVID-19 pandemic, Patrick Britton-Harr, 41, of Charleston, South Carolina, and formerly of Annapolis, Maryland, offered COVID-19 screening tests to nursing home patients across the country. Britton-Harr then allegedly fraudulently billed Medicare, through his company Provista Health, for expensive respiratory pathogen panel (RPP) tests for these patients. The RPP tests were medically unnecessary, never ordered by a treating physician as required, and many were never actually performed, including tests for patients who were already deceased. Through Provista Health, Britton-Harr caused the submission of more than $15 million in fraudulent claims for RPP tests to Medicare.  Medicare eventually paid out more than $5 million.

    According to the second indictment, Britton-Harr owned and controlled AeroVanti, Inc. and its affiliated entities. Through AeroVanti, a private air club offering members a la carte access to private jets, Britton-Harr encouraged “Top Gun” members to pay $150,000 upfront to secure block flight hours. In return, Britton-Harr promised to use their money to purchase specific aircraft, in which Top Gun members would have a securitized interest.

    Britton-Harr recruited nearly 100 Top Gun members, who collectively paid approximately $15 million in upfront payments, to purchase five aircraft. Instead of buying the aircraft, Britton-Harr allegedly misappropriated members’ money for his own personal benefit, including paying for yachts and jewelry, his living expenses, and to rent a property near Tampa, Florida. Then Britton-Harr attempted to conceal his fraud by obtaining a $1.5-million loan to purchase one of the aircraft he already claimed that he purchased with Top Gun funds by withholding material information from the lender to obtain the loan.

    “It is unconscionable for someone to defraud the government and others for personal gain, especially as we faced a global health crisis,” Hayes said. “Britton-Harr showed a total disregard for those who depend on our Medicare system for health care services and for the individuals he scammed through his private-jet company. The U.S. Attorney’s Office is committed to working with our federal law-enforcement partners to bring those to justice who break the law and take advantage of others.”

    “The defendant allegedly perpetrated two fraud schemes, first exploiting the COVID-19 pandemic to defraud Medicare out of millions of dollars and then stealing millions more from customers of his aviation company, all for his personal benefit,” Galeotti said. “These indictments demonstrate the Criminal Division’s commitment to rooting out bad actors who steal from taxpayer-supported health care programs and defraud American consumers.”

    “Patrick Britton-Harr’s repeated crimes reveal a man with no moral compass motivated by pure greed. His deceit and scheming resulted in a staggering amount of loss to American taxpayers and the public,” DelBagno said. “He tried to fleece the U.S. government out of millions by taking advantage of a national crisis. After his laboratory testing business failed, Britton-Harr again turned to deception. Time and again, he chose to lie, steal, and deceive. No more. This investigation holds Britton-Harr accountable for his crimes and sends a clear message that the FBI and our partners will not allow such despicable behavior to go unchecked.”

    “Individuals who steal from Medicare waste taxpayer dollars and create incisions in the fabric that holds our health care system together. HHS-OIG will continue the pursuit of upholding the integrity, trust, and confidence in federal health care programs, which benefits the people they serve,” Dixon said. “HHS-OIG, in collaboration with our law enforcement partners, will continuously investigate alleged attempts to defraud these programs.”   

    “The scope of the alleged fraud is staggering and underscores the extraordinary lengths to which individuals will go to deceive and exploit others under the guise of legitimate business, including private aviation services,” Thompson said. “The DOT-OIG remains steadfast in its commitment to working in coordination with our law enforcement and prosecutorial partners to pursue those who engage in egregious schemes designed solely for personal enrichment.”

    Britton-Harr is charged with five counts of health care fraud and one count of money laundering in the indictment related to his RPP scheme. Additionally, Britton-Harr is charged with six counts of wire fraud in the indictment connected to the AeroVanti scheme.

    If convicted, he faces a maximum penalty of 20 years in prison for each wire fraud count and 10 years in prison for each health care fraud and money laundering count. A federal district court judge determines sentencing after considering the U.S. Sentencing Guidelines and other statutory factors.

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

    U.S. Attorney Hayes commended the FBI, HHS-OIG, and DOT-OIG for their work in investigating these cases. Ms. Hayes also thanked Assistant U.S. Attorneys Ari D. Evans and Matthew P. Phelps and Trial Attorneys David Peters and Chris Wenger, Criminal Division’s Fraud Section who are prosecuting these cases.

    For more information about the Maryland U.S. Attorney’s Office, its priorities, and resources available to report fraud, visit justice.gov/usao-md  and justice.gov/usao-md/community-outreach.

    # # #

    MIL Security OSI

  • MIL-OSI: Increase of the share capital in connection with the option programme and subscription results

    Source: GlobeNewswire (MIL-OSI)

    The supervisory board of Coop Pank AS (hereinafter the Bank) decided on 21 May 2025 to increase the share capital of the Bank by 457 188,16 euros by way of issuing new ordinary shares.
    The decision to increase the share capital was adopted to enable the realisation of the options issued within the option programme that was approved with the resolution of the general meeting of the Bank on 8 November 2019, on the conditions indicated in the referred decision. The share capital shall be increased in accordance with clause 3.3.5 of the Bank’s articles of association.
    70 current and former employees of the Bank were able to participate in the issue, subscribing altogether for 670 900 shares for the total amount of EUR 841 979,50, making 100% of the issue size. All option holders submitted a subscription application and paid timely for the subscribed shares.

    Decisions of the supervisory board:

    1. To increase the Bank’s share capital by 457 188,16 euros, as a result of which the Bank’s share capital will increase from 70 180 497,31 euros to 70 637 685,47 euros.
    2. The share capital will be increased by way of issuing new shares (ISIN: EE3100007857) During the increase of the share capital to issue up to 670 900 new ordinary shares of the Bank, with a book value of 0,681455 euros per share. After the increase of the share capital, the Bank has a total of 103 657 207 shares without nominal value. The increase of the Bank’s share capital will not create any exceptions or special rights in connection with the Bank’s ordinary shares. 
    3. According to the resolution adopted under item 6 of the agenda of the general meeting of shareholders of the Bank on 13 April 2022, the pre-emptive right to subscribe for the new shares belongs to the Bank’s employees, to whom the share option programme, approved with the resolution of the Bank’s general meeting of 8 November 2019, extends and with whom the Bank has concluded the respective option contracts (the option holders). According to the resolution of the Bank’s general meeting of 13 April 2022, the pre-emptive right of the existing shareholders to subscribe for the new shares which are issued to the option holders pursuant to clause 3.3.5 of the articles of association for the realisation of the Bank’s share option programme, is precluded.
    4. The term for exercising the pre-emptive right and the time period of subscribing for the new shares is from 22 May to 29 May 2025.
    5. The issue price is 1,255 euros per share, of which 0,681455 euros is the book value of a share and 0,573545 euros is the share premium.
    6. The increase of share capital and payment for the new shares shall be fully carried out by monetary contributions.
    7. The new shares to be issued during the increase of share capital shall grant the right to dividend for the financial year started on 1 January 2025.
    1. The Bank will apply for the listing and the admission to trading of the shares to be issued within the issue on the Nasdaq Tallinn Stock Exchange. The first estimated trading day of the new shares shall be the first day following the day when the Bank has informed Nasdaq Tallinn Stock Exchange of the registration of the increase of share capital in the commercial register and identifying the new shares with the ISIN-code of EE3100007857.

    Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The bank has 214,400 clients who use everyday banking services. Coop Pank uses the synergy created between retail trade and banking and brings everyday banking solutions closer to people. The majority shareholder of the Bank is a domestic retail chain Coop Eesti, the sales network of which comprises 320 stores.

    Additional information:
    Katre Tatrik
    Communications Manager
    Tel: +372 5151 859
    E-mail: katre.tatrik@cooppank.ee

    The MIL Network

  • MIL-OSI: Unaudited information of Invalda INVL group for 3 months of 2025

    Source: GlobeNewswire (MIL-OSI)

    Invalda INVL had equity of EUR 238.1 million at the end of March this year, or EUR 19.82 per share. Those figures were 30.9% and 30.8% larger, respectively, than a year earlier, including the dividends that have been paid out.

    In January-March 2025, Invalda INVL earned an unaudited net profit of EUR 15.9 million, or 3.4 times more than in the same period last year, when the net profit was EUR 4.7 million.

    The asset management group recorded EUR 3 million loss for its clients in the first quarter of this year, due to global market corrections. However, the total value of client assets under management grew by 27.9% from a year earlier to more than EUR 1.9 billion at the end of March 2025.

    “The main highlight for the start of this year was the successful launch of INVL Private Equity Fund II – a strategically important step for us and currently the largest fund in the Baltics,” says Darius Šulnis, the CEO of Invalda INVL.

    Strategic core business: asset management and family office activities 

    Invalda INVL’s revenue from the management of assets entrusted by clients totalled EUR 3.9 million in the first quarter of 2025, 32.8% more than in January-March 2024. 

    The profit of the strategic core business, which also includes the company’s own investments in the products the group manages, was EUR 1.2 million, compared with a profit of EUR 1.4 million in the same period last year.

    As of 1 April, Andrius Načajus, a finance executive with many years of experience, became the CEO of INVL Asset Management.

    “The successful management of entrusted assets, focusing on creating long-term value and delivering appropriate returns to investors is the key priority for our business. Asset divestments are a natural part of this process,” Darius Šulnis notes. “In the first quarter of this year, the INVL Baltic Sea Growth Fund completed the sale of InMedica Group, Lithuania’s largest private healthcare network. That investment is a great example of a rational growth strategy and its consistent implementation: a company that is a leader in its field was created, an exceptionally high return was earned, and thus a significant portion of the capital invested in the fund was returned to investors. We continue to actively grow the fund’s portfolio companies and selectively divesting some of them.” 

    “We’re also intensely seeking suitable targets for investments of the INVL Private Equity Fund II. Some processes are already well advanced, so we expect to complete at least two acquisitions by the end of this year,” Šulnis adds.

    The Invalda INVL group also saw other significant events in the first quarter of 2025. The INVL Renewable Energy Fund I, with operations concentrated in Romania and Poland, successfully completed the offering of an EUR 8 million bond issue in February which was oversubscribed 1.7 times. INVL Asset Management launched the INVL Partner Strategic Lending Fund, which will invest in a vehicle managed by 17Capital, a private credit firm active in North America and Europe, that lends to major global private equity managers. 

    “We’re also pleased with the successful work of the INVL Family Office. It has expanded its client base not only in Lithuania but also in Latvia and Estonia, while increasing their investments,” Invalda INVL’s CEO says.

    In February, the INVL Family Office joined an initiative of the Vilnius Lyceum Alumni Endowment fund. The INVL Family Office will help to create and implement the fund’s investment strategy.

    Equity investments  

    Invalda INVL’s other equity investments, aside from the asset management, had a EUR 17.7 million impact on earnings in the first quarter of 2025.

    This result was positively influenced by the strong performance of the banks in which the company holds stakes, along with their growth in value. Invalda INVL has investments in Artea Bank and in maib, Moldova’s largest bank. Maib, showing excellent financial results and sustainable growth in all business segments, earned a record net profit of EUR 20.1 million in the first quarter, while Artea earned EUR 17.35 million.

    Artea Bank had a positive impact of EUR 15.6 million on Invalda INVL’s pretax profit; maid had a positive impact of EUR 0.5 million.

    “The profits generated by the agricultural business group Litagra, along with a favorable market environment, provide an optimistic outlook for the future performance of the group and its value,” Darius Šulnis notes.

    Litagra had a positive impact of EUR 1.6 million on Invalda INVL’s result for the first quarter of 2025. 

    Additional information is provided by
    Darius Sulnis, CEO of Invalda INVL
    Darius.Sulnis@invl.com

    Attachment

    The MIL Network

  • MIL-OSI: Siddhi Acquisition Corp Announces the Separate Trading of its Ordinary Shares and Rights, Commencing June 4, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 30, 2025 (GLOBE NEWSWIRE) — Siddhi Acquisition Corp. (Nasdaq: SDHIU) (the “Company”) today announced that, commencing June 4, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s ordinary shares and rights included in the units.

    No fractional rights will be issued upon separation of the units and only whole rights will trade. The ordinary shares and rights that are separated will trade on The Nasdaq Global Market under the symbols “SDHI” and “SDHIR,” respectively. Those units not separated will continue to trade on The Nasdaq Global Market under the symbol “SDHIU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into ordinary shares and rights.

    The offering of the units was made only by means of a prospectus, copies of which may be obtained from Santander US Capital Markets LLC, Attn: ECM Syndicate, 437 Madison Avenue, New York, NY 10022, or by email at equity-syndicate@santander.us. A registration statement on Form S-1 (333- 285648) relating to these securities has been filed with the United States Securities and Exchange Commission (“SEC”) and was declared effective on March 31, 2025. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.

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

    About Siddhi Acquisition Corp

    The Company is a blank check company incorporated in the Cayman Islands as an exempted company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. While the Company may pursue a business combination target in any business, industry or geographical location, it intends to concentrate its efforts in identifying high growth businesses which we believe are positioned to take advantage of major secular trends in their industry and are well-positioned for the public market

    Cautionary Note Concerning Forward-Looking Statements

    This press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the registration statement, as amended by the post-effective amendment, and the prospectus filed in connection with the initial public offering with the SEC. Copies are available for free on the SEC’s website, www.sec.gov.

    Contact Information

    Siddhi Acquisition Corp
    100 Wall Street, 20th Floor
    New York, NY 10005

    Sam Potter
    Chief Executive Officer
    Email: sam@siddhiacquisition.com
    Phone: (347) 316-8312

    The MIL Network

  • MIL-OSI Economics: Deposits with Scheduled Commercial Banks – March 2025 (Annual BSR-2)

    Source: Reserve Bank of India

    Today, the Reserve Bank released1 the web publication ‘Deposits with Scheduled Commercial Banks2 – March 20253’ on its ‘Database on Indian Economy’ portal4 (https://data.rbi.org.in Homepage > Publications).

    Scheduled commercial banks (SCBs) (including regional rural banks) report branch-wise data on type of deposits (current, savings and term), its institutional sector wise ownership, age wise distribution of deposits pertaining to individuals, maturity pattern of term deposits as well as number of employees in the annual ‘Basic Statistical Return’ (BSR) – 2 return. These data are released at disaggregated level (viz., type of deposits, population groups5, bank groups, states, districts, centres, interest rate ranges, size, original and residual maturity).

    Highlights:

    • Bank deposits grew (y-o-y) by 10.6 per cent during FY 2024-25 as compared to 13.0 per cent, net of merger, in the previous year (Chart I).

    • Household sector6 accounted for the largest share of SCB’s deposits at 60.2 per cent; the share of female depositors was 20.7 per cent in March 2025 (Chart II).

    • Branches in metropolitan areas, which constituted the dominant share in deposits, recorded 11.7 per cent annual growth in March 2025; whereas rural, semi-urban and urban centres registered 10.1 per cent, 8.9 per cent, and 9.3 per cent annual growth, respectively.

    • The higher returns on term deposits led to higher accretion in such deposits as compared to other type of deposits; the share of saving deposits declined to 29.1 per cent in March 2025 as compared to 30.8 per cent a year ago and 33.0 per cent two years ago.

    • Nearly 68.4 per cent of term deposits were having the original maturity of one to three as on March 2025.

    • The share of term deposits bearing interest rate of ‘7 per cent and above’ increased and stood at 72.7 per cent in March 2025 as compared to 64.2 per cent a year ago and 33.5 per cent two years ago.

    • The share of term deposits of size ‘Rs. one crore and above’ increased to 45.1 per cent in March 2025 from 43.7 per cent in March 2024.

    • The share of senior citizens’ deposits was 20.2 per cent of total deposits as on March 2025.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/448


    MIL OSI Economics

  • MIL-OSI Economics: Credit by Scheduled Commercial Banks – March 2025 (Annual BSR-1)

    Source: Reserve Bank of India

    Today, the Reserve Bank released the web publication ‘Basic Statistical Return on Credit by Scheduled Commercial Banks (SCBs) in India – March 2025’1 on its ‘Database on Indian Economy’ (DBIE) portal2 (https://data.rbi.org.in Homepage > Publications). The publication provides information on various characteristics of bank credit in India, based on data submitted by SCBs {including Regional Rural Banks (RRBs)} under the annual ‘Basic Statistical Return (BSR) – 1’ system, which collects information on type of account, organisation, occupation/activity and category of the borrower, district and population3 group of the place of utilisation of credit, rate of interest, credit limit and amount outstanding.

    Highlights:

    • Bank credit growth (y-o-y) decelerated to 11.1 per cent in March 2025 from 15.3 (net of merger4) per cent in the previous financial year.

    • The deceleration in credit growth (y-o-y) was observed across all bank groups during FY 2024-25. Private sector banks witnessed the steepest decline to 9.5 per cent in March 2025 after a sustained credit growth above 15 per cent for the preceding three years.

    • With higher credit growth in rural, semi-urban and urban areas compared to metropolitan area, the share of metropolitan branches in total credit declined to 58.7 per cent in March 2025 from 63.5 per cent five years ago.

    • The growth in personal loans,5 though moderated sharply to 13.2 per cent, continued to outpace headline credit growth, which has led to an increase in their share to 31.0 per cent (24.1 per cent five years ago).
    • Share of housing loans bearing interest rate 9 per cent and above came down to 36.8 per cent in March 2025 from 54.5 per cent a year ago which signifies decline in cost of housing loans.
    • Consumer durables and other personal loans accounted for nearly one third of total personal loans; the share of these loans bearing interest rate 11 per cent and above has declined to 47.4 per cent in March 2025 from 50.3 per cent in the previous year. 
    • Loans to industry accounted for nearly one fourth of total bank credit and increased at a (y-o-y) rate of 9.4 per cent in March 2025, down from 10.4 per cent a year earlier.
    • The share of Individuals in total credit maintained its increasing momentum and stood at 47.8 per cent in March 2025 as compared to 41.5 per cent in March 2020. Within individuals, the share of female borrowers also gradually rose to 23.8 per cent from 22.0 per cent in the said period.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/449


    MIL OSI Economics

  • MIL-OSI NGOs: Dehumanising and ineffective militarisation of aid in Gaza

    Source: Médecins Sans Frontières –

    The following statement from Christopher Lockyear, MSF Secretary General, outlines why the Gaza Humanitarian Foundation’s approach to distributing aid in Gaza, Palestine, is dangerous and reckless.

    “The disastrous start of the food distribution coordinated by the newly created Gaza Humanitarian Foundation confirmed that the US-Israel plan to instrumentalise aid is ineffective. On 27 May, the first afternoon of distribution in Rafah, south Gaza, dozens of people were shot and injured as wholly insufficient amounts of basic lifesaving supplies were distributed amid chaos.

    “Palestinians – deprived of food, water and medical aid for nearly three months – were penned in by fences as they waited to receive basic necessities for survival. This is a stark reminder of the dehumanising treatment imposed by Israeli authorities for more than 19 months.

    “Through this dangerous and reckless approach, food is not being distributed where it’s needed most but is instead directed only to areas where Israeli forces choose to amass civilians. This means the most vulnerable – especially the elderly and people with disabilities – have virtually no chance of accessing the food they desperately need.

    “The claim that this unprincipled, failing mechanism is necessary to prevent the diversion of aid is false. Since the start of the war, MSF has directly treated patients when we have been able to bring supplies into Gaza. This initiative seems to be a cynical ploy to feign compliance with International Humanitarian Law. In practice, it uses aid as a tool to forcibly displace people as part of what appears to be a broader strategy to ethnically cleanse the Gaza Strip – and to justify the continuation of a war waged without limits.

    “Meanwhile, the humanitarian system is being strangled by the restrictions imposed upon it. Israeli authorities have allowed a trickle of aid trucks into Gaza, only to obstruct them immediately after they cross the border, preventing life-saving assistance from reaching the people who need it most, including children and pregnant and lactating women.

    “Forcing humanitarian organisations to move such inadequate amounts of aid, when the Israeli siege has created a situation of unbearable need and despair, is leading to lootings.  This is the consequence of a society being pushed to the brink, its very fabric torn apart by relentless violence and deprivation. The outcome is more preventable deaths and injuries, and the impossibility of delivering aid in a way that respects people’s dignity. This is part of a broader tactic to reinforce a one-sided narrative: the only way to deliver aid is to militarise it.

    “Along with displacement orders and bombing campaigns that kill civilians, weaponising aid in this manner may constitute crimes against humanity. Only a lasting ceasefire and the immediate opening of Gaza’s borders for humanitarian aid – including food, medical supplies, fuel and equipment – can ease this man-made catastrophe.”

    MIL OSI NGO

  • MIL-OSI Canada: Canada diversifies trade in the Indo-Pacific region through the Team Canada Trade Mission to Thailand and Cambodia

    Source: Government of Canada News

    May 30, 2025 – Phnom Penh, Cambodia – Global Affairs Canada

    Today, the Government of Canada concluded a successful Team Canada Trade Mission (TCTM) to Thailand and Cambodia. The delegation, led by Sara Wilshaw, Canada’s Chief Trade Commissioner and Senior Assistant Deputy Minister, International Trade, brought together more than 150 representatives from over 90 Canadian organizations, of which 80% are small and medium-sized enterprises, to explore the unique business opportunities that Thailand and Cambodia have to offer.

    As Canada works to build a stronger, more resilient economy, the Team Canada approach to trade missions is a proven tool that generates economic benefits for Canadians. As a key initiative under Canada’s Indo-Pacific Strategy, this TCTM opened doors for Canadian businesses in a wide range of sectors to:

    • form new connections in 2 of Southeast Asia’s emerging markets
    • diversify their trade strategies
    • increase their resilience
    • develop products and services that benefit Canada

    During the TCTM’s business-to-business sessions, Ms. Wilshaw saw Canadian, Thai and Cambodian companies in action. She was impressed by the number of meaningful connections made between Canada and its trade partners through this trade mission.

    In Bangkok, Thailand, Ms. Wilshaw met with Dr. Nalinee Taveesin, President of Thailand Trade Representatives and Adviser to the Prime Minister of Thailand. She also spoke with members of the board of the Thai-Canadian Chamber of Commerce and senior executives of the Charoen Pokphand Group, the largest Thai investor in Canada. In doing so, she highlighted Canada’s work in expanding trade, investment and supply-chain resilience in the Indo-Pacific region. For example, she noted the opening of a 12th Export Development Canada representation in Bangkok, which helps Canadian companies diversify into the Indo-Pacific region, resulting in more and better business opportunities for Canadians. She also noted Canada’s 15 free trade agreements, spanning 51 countries, as the foundation of Canada’s trade-diversification efforts.

    In Phnom Penh, Cambodia, Ms. Wilshaw met with Sun Chanthol, Deputy Prime Minister and first vice-president of the Council for the Development of Cambodia, Sok Siphana, Senior Minister and Adviser to the Prime Minister; Cham Nimul, Minister of Commerce; and Dith Tina, Minister of Agriculture, Forestry and Fisheries. She spoke about mutual trade and investment priorities, sector-specific opportunities and the progress being made on a free trade agreement between Canada and the Association of Southeast Asian Nations. She also highlighted Canada’s commitment to deepening its engagement in Cambodia under Canada’s Indo-Pacific Strategy. She noted that Canada’s presence in Phnom Penh was upgraded to an embassy in March 2025 and that this TCTM was the largest-ever Canadian delegation to visit Cambodia.

    MIL OSI Canada News

  • MIL-OSI Global: Birth control increases stroke risk – here’s what women need to know

    Source: The Conversation – UK – By Laura Elin Pigott, Senior Lecturer in Neurosciences and Neurorehabilitation, Course Leader in the College of Health and Life Sciences, London South Bank University

    Cryptogenic strokes have no obvious cause, but is increasingly being linked to subtle, hidden risk factors – such as oestrogen. Krakenimages.com/ Shutterstock

    For millions of women, combined hormonal contraceptives are a part of their daily life – providing a convenient and effective option for preventing pregnancy and managing their menstrual cycle.

    But new findings are sounding the alarm on a serious, and often overlooked, risk: stroke.

    According to recent findings presented at the European Stroke Organisation Conference, combined oral hormonal contraceptives (which contains both oestrogen and progestogen) may significantly increase the chance of women experiencing a cryptogenic stroke. This is a sudden and serious type of stroke that occurs with no obvious cause.

    Surprisingly, in younger adults – particularly women – cryptogenic strokes make up approximately 40% of all strokes. This suggests there may be sex-specific factors which contribute to this risk – such as hormonal contraception use. These recently-presented findings lend themselves to this theory.

    At this year’s conference, researchers presented findings from the Secreto study. This is an international investigation that has been conducted into the causes of unexplained strokes in young people aged 18 to 49. The study enrolled 608 patients with cryptogenic ischaemic stroke from 13 different European countries.

    One of their most striking discoveries was that women who used combined oral contraceptives were three times more likely to experience a cryptogenic stroke compared to non-users. These results stood, even after researchers adjusted for other factors which may have contributed to stroke risk (such as obesity and history of migraines).

    It’s well-documented that hormonal contraceptives, which contain both oestrogen and progestin, come with a small, increased risk of experiencing serious health events, including stroke – particularly ischaemic stroke, which occurs when blood flow to part of the brain is blocked.

    But a study published earlier this year, which tracked over two million women, found that combined hormonal contraceptives – including the pill, intrauterine devices (IUD), patches and vaginal rings, which all contain both synthetic oestrogen and progestogen – were linked to higher risks of both stroke and heart attack. The vaginal ring increased stroke risk by 2.4 times and 3.8 times for heart attack. The contraceptive patch was found to increase stroke risk by nearly 3.5 times.

    Interestingly, they also looked at a progestin-only contraceptive (the IUD) and found there was no increased risk for either heart attacks or strokes.

    Both of these recent findings suggest oestrogen may be the main driver of stroke risk. While absolute risk is still low – meaning fewer than 40 in every 100,000 women using a combined hormonal contraceptive will experience a stroke – the population-level impact is significant considering the number of women worldwide that use a combined hormonal contraceptive.

    Oestrogen and stroke risk

    Combined hormonal contraceptives contain synthetic versions of the sex hormones oestrogen (usually ethinylestradiol) and a progestin (the synthetic version of progestogen).

    Natural oestrogen in the body plays a role in promoting blood clotting, which is important for helping wounds heal and prevents excessive bleeding.

    The oestrogen in contraceptives is more potent than natural oestrogen.
    Image Point Fr/ Shutterstock

    But the synthetic oestrogen in contraceptives is more potent and delivered in higher, steady doses. It stimulates the liver to produce extra clotting proteins and reduces natural anticoagulants — tipping the balance toward easier clot formation. This effect, while helpful in stopping bleeding, can raise the risk of abnormal blood clots that can lead to conditions such as stroke. This risk may be even greater for people who smoke, experience migraines or have a genetic tendency to clot.

    If a clot forms in an artery that supplies the brain or breaks off and travels through the bloodstream to the brain, this can block blood flow – causing what’s known as an ischaemic stroke. This is the most common type of stroke. Clots can also form in deep veins (such as those in the legs or around your organs).

    In addition to clotting, oestrogen may also slightly raise blood pressure and affect how blood vessels behave over time, which can further increase stroke risk.

    The effects of oestrogen on clotting may partly explain why the recent conference findings showed a link between combined contraceptive use and cryptogenic stroke risk. Cryptogenic stroke has no obvious cause, but is increasingly being linked to subtle, hidden risk factors – such as hormone-driven clotting.

    Understanding risk

    These numbers can sound alarming at first, but it’s important to keep them in perspective. The absolute risk – meaning the actual number of people affected – is still low.

    For instance, researchers estimate that there may be one additional stroke per year for every 4,700 women using the combined pill.

    That sounds rare, and for most users, it is. But when you consider that millions of women use these contraceptives globally, even a small increase in risk can translate into a significant number of strokes at the population level. Which is relative to what is seen with the high number of cryptogenic strokes in young women.

    Despite the risks associated with combined hormonal contraceptives, many women continue to use them – either because they aren’t fully informed of the risks or because the alternatives are either less effective, less accessible or come with their own burdens.

    Part of the reason this trade-off has become so normalised is the persistent under-funding and under-prioritisation of women’s health research. Historically, medical research has focused disproportionately on men – with women either excluded from studies or treated as an afterthought.

    This has led to a limited understanding of how hormonal contraceptives affect female physiology beyond fertility control. As a result, the side-effects remain poorly understood, under-communicated and under-addressed.

    Women have a right to make informed decisions about their health and body. This starts with having access to accurate information about the real risks and benefits of every contraceptive option. It means understanding, for example, that while combined hormonal contraceptives do carry a small risk of blood clots and stroke, pregnancy and the weeks following childbirth come with an even higher risk of those same complications. This context is vital for making truly informed choices.

    No method of contraception is perfect. But when women are given the full picture, they can choose the method that best suits them. We also need more research that reflects the diversity and complexity of women’s bodies – not just to improve safety, but to expand options and empower decisions.

    Laura Elin Pigott 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. Birth control increases stroke risk – here’s what women need to know – https://theconversation.com/birth-control-increases-stroke-risk-heres-what-women-need-to-know-257516

    MIL OSI – Global Reports

  • MIL-OSI Global: Trump sees himself as more like a king than president. Here’s why

    Source: The Conversation – UK – By Dafydd Townley, Teaching Fellow in US politics and international security, University of Portsmouth

    The American Revolution was a result of the tyranny experienced by colonists under the British monarchy. Many Americans had fled from Europe where they had been persecuted under the rule of powerful monarchs. The government produced by the revolution was designed to ensure no such tyranny could be reproduced in the newly formed United States.

    The framers of the constitution created a checks-and-balances system of government to ensure that no single branch of the federal government (executive, judicial or legislative) could dominate the others. Each branch has powers to curtail or empower the others.

    However, some Americans are concerned about a return of absolute rule due to the steps taken by Donald Trump’s second administration. This has sparked around 100 “no kings” protests all over the US, organised to coincide with Trump’s birthday on June 15.

    Increasing presidential power

    The second Trump administration has made a determined effort to strengthen presidential power and reduce oversight of the executive branch (the presidency). Achieving this could mean the president acting in an arbitrary manner similar to absolute monarchs of the past, free of congressional or judicial interference.

    Trump’s “big beautiful bill”, which has been passed in the House of Representatives and now must go to the Senate, contains certain provisions that strengthen the role of the president and undermine the checks-and-balances system.

    Previous presidents, such as Franklin D. Roosevelt during the New Deal era of the 1930s, had many of their executive orders cancelled by Supreme Court rulings. Over the last five months, the judiciary has ruled on the constitutionality of Trump’s executive actions, putting at least 180 on hold.

    As a consequence, the president has continually questioned the validity of the courts to act. At last week’s West Point graduation ceremony, Trump claimed that last November’s election result “gives us the right to do what we wanna do to make our country great again”.

    As Robert Reich, the former US secretary of labor, wrote recently, this “big beautiful bill” will remove the courts’ ability to hold executive officials in contempt and undermine any efforts to stop the administration. Supreme Court rulings could be ignored by the executive branch, and Congress would be unable to enforce its subpoenas and laws. “Trump will have crowned himself king,” Reich concluded.

    Just like the judicial branch, the legislative branch (Congress) also has the ability to check the executive branch. Congress can override the presidential veto if both the House and Senate pass legislation with a two-thirds majority. And the executive branch (the president) cannot fund any initiatives without the budget being approved by Congress first.

    But Trump and his supporters have minimised the impact that Congress can have on this particular bill by including all of the provisions within a budget reconciliation bill. This is a special legislative procedure that is designed to pass bills through Congress quickly.

    Bills usually require 60 votes to bypass a filibuster – a tactic used by senators to delay voting on the bill by refusing to end the debate and speaking for exceptionally long times without a break.

    But because this is a budget reconciliation, it only requires a majority – 51 votes – to pass the Senate. And because the Republicans have 53 seats in the Senate, Trump is confident the bill will pass without any Democratic interference.

    The House narrowly passed the bill, despite some opposition from Republicans. And some Republican senators have also expressed concerns. But this is the latest move to centralise greater power within the presidency.

    Trump makes the commencement speech at the West Point military academy.

    Trump v the courts

    Trump’s apparent belief that he is above the law has, in part, been supported by last year’s Supreme Court ruling which stated that former presidents had immunity from prosecution for official presidential acts. The Trump v United States decision decided such acts included command of the military, control of the executive branch, and execution of laws.

    However, this week’s federal court ruling on the legality of Trump’s economic tariffs represents a setback to the administration’s efforts to strengthen presidential power. The Court of International Trade ruled that the White House’s use of emergency powers did not grant it the authority to impose tariffs on every country, and that the constitution states such power resides within Congress.

    The Trump administration immediately said it would be appealing the decision. “It is not for unelected judges to decide how to properly address a national emergency,” Kush Desai, the White House deputy press secretary, said on the ruling, and that Trump would use “every lever of executive power” to “restore American greatness”.

    All of which has led Trump to quote another authoritarian leader, Napoleon, on social media. His post – “He who saves his Country does not violate any Law” – was a clear rebuke to those who have tried to limit executive authority while he has been in office, and echoes that of former president Richard Nixon who, in an interview with David Frost about the Watergate scandal, argued that the constitution allowed the president to break the law.

    This is an extension of the notion that Article II of the constitution has granted the president the authority to act without checks and balances when dealing with the executive branch. It is a theory much touted within Project 2025, believed to be the blueprint for the Trump presidency.

    There are other historical comparisons that could be made of Trump’s authoritarian actions, such as the rule of Charles I of England (1625-49), who believed he could govern without consulting parliament except when he needed to raise taxes to conduct overseas campaigns. Ultimately, this led to a period of civil wars and the execution of the king for treason.

    While none of these consequences are likely to be replicated, it is clear the US is currently in a constitutional crisis. The Supreme Court has a number of rulings to make on the judicial challenges to Trump’s executive authority. These will have generational consequences – but it is unclear in which way the court, where conservative judges have a 6-3 majority, will lean.

    While Trump may not be seeking a crown for his head, he is certainly arguing that he has the right to control the executive branch in the way he sees fit, without any interference from Congress or the judiciary. This is not the separation of powers as prescribed by the framers of the US constitution, but more like the absolutism of medieval monarchs.

    Dafydd Townley 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. Trump sees himself as more like a king than president. Here’s why – https://theconversation.com/trump-sees-himself-as-more-like-a-king-than-president-heres-why-257700

    MIL OSI – Global Reports

  • MIL-OSI Global: Why police released the ethnicity of Liverpool parade crash suspect

    Source: The Conversation – UK – By John McGarry, Senior Lecturer in Law, Leeds Beckett University

    Within hours of a driver ramming into a crowd at Liverpool’s Premier League victory parade, injuring 65 people, Merseyside Police shared in a press release that they had arrested a suspect. Unusually, the announcement included the race and nationality of the person arrested – a 53-year-old white British man.

    This was a stark contrast to the previous summer, when speculation about the ethnicity of a 17-year-old arrested for the murder of three young girls in Southport led to public disorder and riots around the country.

    The question of what police and the public can say about an ongoing legal case and when is governed by contempt of court laws, which cover a wide range of behaviour in the UK. They prevent conduct which may disrupt legal proceedings, such as shouting out in court or otherwise causing a disturbance. They also prohibit publications which create “a substantial risk” that legal proceedings “will be seriously impeded or prejudiced”, and ensure that court orders are followed.

    A recent House of Commons report suggested that the laws of contempt are not fit for the social media age. The report came after the public disorder which followed the murders of three girls by Axel Rudakubana in Southport in July 2024.


    Want more politics coverage from academic experts? Every week, we bring you informed analysis of developments in government and fact check the claims being made.

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    It is widely accepted that in the Southport case, misinformation spread via social media – specifically, that the attacker was a Muslim asylum seeker called Ali-Al-Shakati – helped to fuel the disorder. Merseyside Police’s decision to quickly publish the ethnicity of the man arrested in Liverpool suggests they were acting to prevent a repeat of the August 2024 riots.

    The police were restricted in the information they could release after Southport. Separate from the contempt laws, the Children and Young Persons Act prohibits the publication of material that may identify a person under 18 involved in youth court proceedings, and a judge may order anonymity in other criminal proceedings.

    The laws of contempt also prohibited the release of information which might have prejudiced any future trial. For example, that Rudakubana had previous criminal convictions and had been referred three times to Prevent, the anti-terrorism scheme.

    Police responded to riots around the country in August 2024 after misinformation spread about the suspect arrested for the murder of three girls in Southport.
    Ian Hamlett/Shutterstock

    The police did try to combat false information about the case in the days following the Southport attack, but it was too late. They shared that the suspect had been born in Cardiff and that the name circulating on social media was incorrect. However, they could have released more information more quickly, even under the current contempt laws, including details such as Rudakubana’s ethnicity.

    The Law Commission, an independent statutory body charged with reviewing the law of England and Wales and suggesting reforms, has said it is an “open question” whether the publication of more information could have prevented or mitigated the disorder after Southport.

    But the events after Southport are probably why Liverpool was handled differently. Merseyside Police broke from their previous approach of not releasing ethnicity details (except in cases of missing persons or people on the run). Earlier in May, the police inspectorate published a report on the Southport response, saying police forces “need to better appreciate how fast-moving events will require them to counter false narratives online”.

    However, simply releasing the race of the man arrested in Liverpool hasn’t fully filled the information void. A man’s photo was circulated on social media, wrongly identifying him as the person arrested.

    It also risks setting a precedent for future cases. If police release a suspect’s ethnicity, some people will make assumptions about whether their ethnicity is linked to a motive for an attack, and may spread misinformation that may prejudice a trial or cause disorder. But if they don’t release the ethnicity, some people may still make assumptions about why police have kept it secret. In either case, misinformation is likely to spread.

    Fit for the social media age?

    Both of these cases raise concerns about whether current laws are fit for purpose, in an age when information spreads quickly – regardless of whether it is true – on social media.

    Regardless of what the police make public, the real challenge is that anyone with a smartphone can instantly comment on any event, and may not know they are putting themselves at risk of committing a contempt of court offence.

    In 2019, actress Tina Malone received a suspended sentence of eight months for breaching a court order prohibiting the release of information about the murderers of James Bulger. She shared a social media post which claimed to provide the new identity and a picture of Jon Venables. Malone told the court that she was unaware that she was doing anything wrong.

    Newspapers have often been the subject of contempt of court cases. But in theory, anyone who shares a post by a publication later found to be in contempt could be implicated too.

    Committing contempt can carry a sentence of up to two years’ imprisonment and an unlimited fine. Stephen Yaxley-Lennon, also known as Tommy Robinson, was recently released from prison, where he had been serving a sentence for repeatedly breaching a court order.




    Read more:
    Sarah Everard: social media and the very real danger of contempt of court


    The attorney general has launched campaigns to educate the public on the risks, but whether they’ve had any effect is questionable. Even politicians, including those in government, have made social media posts which come very close to being in contempt of court.

    The Law Commission recently described the contempt laws as “disorganised and, at times, incoherent”. It launched a consultation in July 2024 on proposals to reform the law.

    The laws of contempt, which have developed piecemeal over centuries, are not well known or understood. But they are an important part of the legal system, and they attempt to strike a balance between freedom of expression and the right to a fair trial, and to ensure that both victims and defendants receive justice. In the current climate, they need to be made much clearer.

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

    ref. Why police released the ethnicity of Liverpool parade crash suspect – https://theconversation.com/why-police-released-the-ethnicity-of-liverpool-parade-crash-suspect-255462

    MIL OSI – Global Reports

  • MIL-OSI Global: The biggest barrier to AI adoption in the business world isn’t tech – it’s user confidence

    Source: The Conversation – USA – By Greg Edwards, Adjunct Lecturer, Missouri University of Science and Technology

    Believe in your own decision-making. Feodora Chiosea/Getty Images Plus

    The Little Engine That Could wasn’t the most powerful train, but she believed in herself. The story goes that, as she set off to climb a steep mountain, she repeated: “I think I can, I think I can.”

    That simple phrase from a children’s story still holds a lesson for today’s business world – especially when it comes to artificial intelligence.

    AI is no longer a distant promise out of science fiction. It’s here and already beginning to transform industries. But despite the hundreds of billions of dollars spent on developing AI models and platforms, adoption remains slow for many employees, with a recent Pew Research Center survey finding that 63% of U.S. workers use AI minimally or not at all in their jobs.

    The reason? It can often come down to what researchers call technological self-efficacy, or, put simply, a person’s belief in their ability to use technology effectively.

    In my research on this topic, I found that many people who avoid using new technology aren’t truly against it – instead, they just don’t feel equipped to use it in their specific jobs. So rather than risk getting it wrong, they choose to keep their distance.

    And that’s where many organizations derail. They focus on building the engine, but don’t fully fuel the confidence that workers need to get it moving.

    What self-efficacy has to do with AI

    Albert Bandura, the psychologist who developed the theory of self-efficacy, noted that skill alone doesn’t determine people’s behavior. What matters more is a person’s belief in their ability to use that skill effectively.

    In my study of teachers in 1:1 technology environments – classrooms where each student is equipped with a digital device like a laptop or tablet – this was clear. I found that even teachers with access to powerful digital tools don’t always feel confident using them. And when they lack confidence, they may avoid the technology or use it in limited, superficial ways.

    The same holds true in today’s AI-equipped workplace. Leaders may be quick to roll out new tools and want fast results. But employees may hesitate, wondering how it applies to their roles, whether they’ll use it correctly, or if they’ll appear less competent – or even unethical – for relying on it.

    Beneath that hesitation may also be the all-too-familiar fear of one day being replaced by technology.

    Going back to train analogies, think of John Henry, the 19th-century folk hero. As the story goes, Henry was a railroad worker who was famous for his strength. When a steam-powered machine threatened to replace him, he raced it – and won. But the victory came at a cost: He collapsed and died shortly afterward.

    Henry’s story is a lesson in how resisting new technology through sheer willpower can be self-defeating. Rather than leaving some employees feeling like they have to outmuscle or outperform AI, organizations should invest in helping them understand how to work with it – so they don’t feel like they need to work against it.

    Relevant and role-specific training

    Many organizations do offer training related to using AI. But these programs are often too broad, covering topics like how to log into different programs, what the interfaces look like, or what AI “generally” can do.

    In 2025, with the number of AI tools at our disposal, ranging from conversational chatbots and content creation platforms to advanced data analytics and workflow automation programs, that’s not enough.

    In my study, participants consistently said they benefited most from training that was “district-specific,” meaning tailored to the devices, software and situations they faced daily with their specific subject areas and grade levels.

    Translation for the corporate world? Training needs to be job-specific and user-centered – not one-size-fits-all.

    The generational divide

    It’s not exactly shocking: Younger workers tend to feel more confident using technology than older ones. Gen Z and millennials are digital natives – they’ve grown up with digital technologies as part of their daily lives.

    Gen X and boomers, on the other hand, often had to adapt to using digital technologies mid-career. As a result, they may feel less capable and be more likely to dismiss AI and its possibilities. And if their few forays into AI are frustrating or lead to mistakes, that first impression is likely to stick.

    When generative AI tools were first launched commercially, they were more likely to hallucinate and confidently spit out incorrect information. Remember when Google demoed its Bard AI tool in 2023 and its factual error led to its parent company losing US$100 billion in market value? Or when an attorney made headlines for citing fabricated cases courtesy of ChatGPT?

    Moments like those likely reinforced skepticism – especially among workers already unsure about AI’s reliability. But the technology has already come a long way in a relatively short period of time.

    The solution to getting those who may be slower to embrace AI isn’t to push them harder, but to coach them and consider their backgrounds.

    What effective AI training looks like

    Bandura identified four key sources that shape a person’s belief in their ability to succeed:

    1. Mastery experiences, or personal success

    2. Vicarious experiences, or seeing others in similar positions succeed

    3. Verbal persuasion, or positive feedback

    4. Physiological and emotional states, or someone’s mood, energy, anxiety and so forth.

    In my research on educators, I saw how these concepts made a difference, and the same approach can apply to AI in the corporate world – or in virtually any environment in which a person needs to build self-efficacy.

    In the workplace, this could be accomplished with cohort-based trainings that include feedback loops – regular communication between leaders and employees about growth, improvement and more – along with content that can be customized to employees’ needs and roles. Organizations can also experiment with engaging formats like PricewaterhouseCoopers’ prompting parties, which provide low-stakes opportunities for employees to build confidence and try new AI programs.

    In “Pokemon Go!,” it’s possible to level up by stacking lots of small, low-stakes wins and gaining experience points along the way. Workplaces could approach AI training the same way, giving employees frequent, simple opportunities tied to their actual work to steadily build confidence and skill.

    The curriculum doesn’t have to be revolutionary. It just needs to follow these principles and not fall victim to death by PowerPoint, or end up being generic training that isn’t applicable to specific roles in the workplace.

    As organizations continue to invest heavily in developing and accessing AI technologies, it’s also essential that they invest in the people who will use them. AI might change what the workforce looks like, but there’s still going to be a workforce. And when people are well trained, AI can make both them and the outfits they work for significantly more effective.

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

    ref. The biggest barrier to AI adoption in the business world isn’t tech – it’s user confidence – https://theconversation.com/the-biggest-barrier-to-ai-adoption-in-the-business-world-isnt-tech-its-user-confidence-257308

    MIL OSI – Global Reports

  • MIL-OSI Global: Hurricane season is here, but FEMA’s policy change could leave low-income areas less protected

    Source: The Conversation – USA – By Ivis García, Associate Professor of Landscape Architecture and Urban Planning, Texas A&M University

    Hurricane Harvey inundated the Cottage Grove neighborhood of Houston in 2018. Scott Olson/Getty Images

    When powerful storms hit your city, which neighborhoods are most likely to flood? In many cities, they’re typically low-income areas. They may have poor drainage, or they lack protections such as seawalls.

    New Orleans’ Lower Ninth Ward, where hundreds of people died when Hurricane Katrina broke a levee in 2005, and Houston’s Kashmere Gardens, flooded by Hurricane Harvey in 2017, are just two among many examples.

    With those disasters in mind, the Federal Emergency Management Agency made a big change to its Local Mitigation Planning Policy Guide in 2023. The agency began encouraging cities, towns and counties to address equity in their hazard mitigation plans, which outline how they will reduce disaster risk.

    Local governments have an incentive to follow those federal guidelines: Those that want to receive FEMA hazard mitigation assistance – money which can be used to repair aging infrastructure like roads, bridges and flood barriers – or funding from other programs such as dam rehabilitation have to develop local mitigation plans and update them every five years.

    Hurricane Irma flooded Immokalee, Fla., in 2017. The community, home to many farmworkers, had infrastructure problems before the storm, and recovery was slow.
    AP Photo/Gerald Herbert

    The new guidance required cities to both consider social vulnerability among neighborhoods in their disaster mitigation planning and involve socially vulnerable communities in those discussions in ways they hadn’t before.

    However, as the U.S. heads into what forecasters predict will be an active 2025 hurricane season, that guidance has changed again. The Trump administration’s new FEMA Local Mitigation Planning Policy Guide 2025 talks about public involvement in planning but strips any mention of equity, income or social vulnerability. It mentions using “projections for the future” to plan but removes references to climate change.

    Who is most at risk in hurricanes, and why

    Hurricanes and other storms that cause flooding don’t affect everyone in the same way.

    A legacy of redlining and discrimination in many U.S. cities left poor and minority families living in often risky areas. These neighborhoods also tend to have poorer infrastructure.

    In the past, local mitigation plans just focused on fixing roads or protecting property in general from storm damage, without recognizing that socially vulnerable groups, such as low-income or elderly populations, were more likely to be hardest hit and take much longer to recover.

    Low-income neighborhoods in Puerto Rico have been slow to recover from 2017’s Hurricane Maria.
    Ivis Garcia

    The FEMA 2023 guidance encouraged communities to consider both the highest risks and which neighborhoods would be least able to respond in a disaster and address their needs.

    The equity requirement was designed to ensure that local plans didn’t just protect those with the most wealth or political influence but considered who needs the help most. That might mean providing information in multiple languages in emergency alerts or investing in flood prevention in neighborhoods with aging infrastructure like roads, bridges and flood barriers.

    How New York City’s 2024 plan helped

    New York City’s 2024 Hazard Mitigation Plan, for example, included a thorough social vulnerability assessment to identify neighborhoods with high percentages of people who were living in poverty or were older, disabled or weren’t fluent in English.

    Knowing where disaster risk and social vulnerability overlapped allowed the city to boost investments in flood protection, emergency communication and cooling centers during summer heat in neighborhoods such as the South Bronx and East Harlem. These neighborhoods historically faced some of the greatest risks from disasters but saw little investment.

    The NYC Mayor’s Office of Climate and Environmental Justice mapped the risk of storm surge flooding in the 2020s (purple) and 2080s (dark blue), and neighborhoods that fall under the city’s ‘disadvantaged communities’ criteria. A 1% risk means a 1% of chance of flooding in any given year, also referred to as a 100-year flood risk.
    NYC Mayor’s Office of Climate and Environmental Justice

    Further, New York’s plan calls for expanding outreach and early warning systems in multiple languages and enhancing infrastructure in areas with high concentrations of Spanish speakers. These kinds of changes help ensure that vulnerable residents are more likely to be better protected when disaster strikes.

    Why is FEMA dropping that emphasis now?

    FEMA’s reasoning for the guidance change in 2025: make it quicker and easier to get plans approved and unlock federal funding for projects like flood barriers, storm shelters and buyouts in areas at high risk of damage.

    It’s a pragmatic move, but one that raises big questions about whether residents who are least able to help themselves will be overlooked again when the next disaster strikes.

    And FEMA isn’t alone — other agencies, like the U.S. Department of Housing and Urban Development and its Community Development Block Grant – Disaster Recovery program, have made similar changes to their own disaster planning rules. Community Development Block Grant funds for disaster recovery are flexible and can be used for things like rebuilding homes and businesses, restoring infrastructure and helping local economies recover.

    What this means for low-income areas

    Some experts worry that the changes might mean low-income and other at-risk communities will be ignored again when cities develop their next five-year mitigation plans. Research from the Government Accountability Office shows that when something is required by law, it gets done. When it’s just a suggestion, it’s easy to skip, especially in places with fewer resources or less political will to help.

    But the short-lived rules may have already helped in one important way: They made cities and states pay attention to social vulnerability, climate change and the needs of all their residents.

    Many local leaders have learned the value of using data to understand where socially vulnerable residents face high disaster risks. And they have a model now for involving communities in decision-making. Even if those steps are no longer required, the hope is that these good habits will stick.

    Where and how communities invest in disaster protection affects who stays safe and who faces higher risks from flooding, hurricanes and other disasters. When government policy shifts, it’s not just about paperwork – it’s about real people.

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

    ref. Hurricane season is here, but FEMA’s policy change could leave low-income areas less protected – https://theconversation.com/hurricane-season-is-here-but-femas-policy-change-could-leave-low-income-areas-less-protected-256985

    MIL OSI – Global Reports

  • MIL-OSI Global: Millions of US children have parents with substance use disorder, and the consequences are staggering − new research

    Source: The Conversation – USA – By Ty Schepis, Professor of Psychology, Texas State University

    Alcohol is the most common substance misused by parents. igorr1/iStock via Getty Images Plus

    About 1 in 4 U.S. children – nearly 19 million – have at least one parent with substance use disorder. This includes parents who misuse alcohol, marijuana, prescription opioids or illegal drugs. Our estimate reflects an increase of over 2 million children since 2020 and an increase of 10 million from an earlier estimate using data from 2009 to 2014.

    Those are the key findings from a new study my colleagues and I published in the journal JAMA Pediatrics.

    To arrive at this estimate, our team used data from the National Survey on Drug Use and Health in 2023, the most recently released year of data. Nearly 57,000 people ages 12 and up responded.

    Why it matters

    As a researcher who studies substance use in adolescents and young adults, I know these children are at considerable risk for the disorder, and other mental health issues, such as behavioral problems and symptoms of anxiety and depression.

    Substance use disorder is a psychiatric condition marked by frequent and heavy substance use. The disorder is characterized by numerous symptoms, including behaviors such as driving while intoxicated and fights with family and friends over substance use.

    This disorder also affects a parent’s ability to be an attentive and loving caregiver. Children of these parents are more likely to be exposed to violence, initiate substance use at a younger age, be less prepared for school and enter the child welfare system. They are also more likely to have mental health problems both as children and as adults, and they have a much higher chance of developing a substance use disorder in adulthood.

    Despite the new study’s findings, mental health programs for children at risk could be cut.

    Of the 19 million children, our study found about 3.5 million live with a parent who has multiple substance use disorders. More than 6 million have a parent with both a substance use disorder and significant symptoms of depression, anxiety or both. Alcohol is by far the most common substance used, with 12.5 million children affected.

    Our 19 million estimate is significantly larger than an earlier estimate based on older data. That study, which reviewed data from 2009 to 2014, indicated that 8.7 million U.S. children – or roughly 1 in 8 – lived with a parent, or parents, with substance use disorder. That’s a difference of about 10 million children.

    This happened primarily because between the time of the two studies – from 2014 to 2023 – the criteria for diagnosing someone with substance use disorder became broader and more inclusive. That change alone accounted for more than an 80% jump in the estimate of children affected by parental substance use disorder. There was also a further increase of 2 million in the number of affected children since 2020, which reflects the rising number of parents with a substance use disorder.

    What’s next

    There is a critical need to better identify parents with substance use disorder and the children who are affected by it. In my experience, many pediatric clinicians screen children for substance use, but they are much less likely to screen accompanying parents. So the first step is to make such screenings common and expected for both children and their adult caregivers.

    But that is not the case now. The U.S. Preventive Services Task Force, an expert panel that recommends screening and prevention best practices for clinicians, does not yet recommend such a screening for children, although that could help direct those in need to treatment and prevent the worst outcomes from substance use disorder.

    Additional intervention, which requires funding, is needed from federal, state and local government. This may seem fanciful in an age of scrutinized government budgets. But the alternative is a bill that comes due later: millions of adults exposed to this disorder at an early age, only to struggle decades later with their own substance use and mental health problems.

    The Research Brief is a short take on interesting academic work.

    Ty Schepis receives funding from the US National Institutes of Health (NIH)/National Institute on Drug Abuse (NIDA), the US Food and Drug Administration (FDA), and the US Substance Abuse and Mental Health Services Administration (SAMHSA). Any views expressed are those of Dr. Schepis and do not necessarily represent the official views of NIH/NIDA, the FDA, or SAMHSA. These funders had no role in any articles, and there was no editorial direction or censorship from the funders.

    ref. Millions of US children have parents with substance use disorder, and the consequences are staggering − new research – https://theconversation.com/millions-of-us-children-have-parents-with-substance-use-disorder-and-the-consequences-are-staggering-new-research-256979

    MIL OSI – Global Reports

  • MIL-OSI Global: If it looks like a dire wolf, is it a dire wolf? How to define a species is a scientific and philosophical question

    Source: The Conversation – USA – By Elay Shech, Professor of Philosophy, Auburn University

    How do you recreate a species whose genome is largely unknown? sunxsand/iStock via Getty Images Plus

    Biotech company Colossal Biosciences made headlines in April 2025 after claiming it had “successfully restored … the dire wolf to its rightful place in the ecosystem.” Three wolf pups – Romulus, Remus and Khaleesi – were born through this de-extinction project.

    But behind the scenes lies a more complicated reality.

    What Colossal actually did was edit a small number of gray wolf genes, aiming to create physical traits that resemble those of the extinct dire wolf. The edited embryos were implanted into surrogate domestic dogs.

    Many scientists and reporters expressed skepticism about the claim that this amounts to restoring the dire wolf. Experts pointed out that tweaking a handful of genes does not replicate the full biological reality of a long-extinct species. Most of the dire wolf’s genetic makeup remains unknown and unreplicated.

    Is resembling a dire wolf enough for something to be a dire wolf?
    James St. John/Wikimedia Commons, CC BY-SA

    This gap between appearance and biological identity raises a deeper question: What exactly is a species, and how do you decide whether something belongs to one species rather than another?

    Biologists call the answer a species concept – a theory about what a species is and how researchers sort organisms into different groups. As a philosopher of science who studies what defines a species, I can say this: Whether de-extinction projects succeed depends on which species concept you think is right – and the truth is, even scientists don’t agree.

    How scientists define a species

    When scientists talk about biodiversity – the variety of life-forms found in nature – species are the basic building blocks. A species is supposed to reflect a real division between distinct groups of organisms in the natural world, not just a convenient label.

    In classifying living things into species, scientists are trying to “carve nature at its joints” to reflect real patterns shaped by evolution. Even so, deciding what counts as a species turns out to be surprisingly difficult and highly controversial. Scientists have proposed dozens of distinct species concepts – some scholars have counted over 32 ways to define a species – and each draws the lines a little differently. These definitions don’t always agree on whether an organism is part of one species rather than another.

    Two of the most influential species concepts highlight the challenge. The biological species concept defines a species as a group of organisms that can naturally breed with each other and produce fertile offspring. Under this view, African forest elephants and African savanna elephants were once classified as the same species because they could mate and have young together, even though they lived in different habitats and looked different.

    Another approach, the phylogenetic species concept, emphasizes ancestry instead of breeding. A species, in this view, is a group that shares a unique evolutionary history, forming its own distinct branch on the tree of life. By this standard, researchers found that forest and savanna elephants had been genetically evolving separately for millions of years, long enough to be considered different species even if they could still interbreed.

    African savanna elephants, left, and African forest elephants are considered two distinct species.
    Charles J. Sharp, Thomas Breuer/Wikimedia Commons, CC BY-SA

    Understanding these different species concepts is crucial for evaluating claims about de-extinction. If Romulus, Remus and Khaleesi could naturally mate with historical dire wolves and produce fertile offspring, then they would be considered true dire wolves under the biological species concept.

    But for definitions of species that emphasize evolutionary history, such as the phylogenetic species concept, the lab-created wolves would not qualify as real dire wolves – even if they were indistinguishable from the originals – because they did not descend from historical dire wolves.

    Despite differences on how best to define species, there is a surprising degree of consensus among scientists and philosophers on one big idea: What makes something part of a species is not an internal feature, such as a specific set of genes, but a relationship to something else – to its environment, to other organisms, or to a shared evolutionary history.

    By this way of thinking – what is often called relationalism – there is no special “lemon gene” that makes a lemon and no hidden genetic marker that automatically makes an animal a dire wolf. Commonly shared across all these theories is the notion that belonging to a particular species depends on connections and context, not on anything inside the organism itself.

    But what if that consensus is wrong?

    On warblers and mitochondria

    At first glance, the standard ways of defining a species seem to work well. But every now and then, nature throws a curveball – and even the most trusted definitions don’t quite fit.

    Take the case of the blue-winged and golden-winged warblers. These two songbirds look and sound different. They wear different plumage, sing different songs and prefer different habitats. Birders and organizations such as the American Ornithological Society have always classified them as separate species.

    Yet under two of the most common scientific definitions of species, the biological and phylogenetic species concepts, blue-winged and golden-winged warblers are considered the same species. These birds regularly mate and produce young together. They’ve been swapping genes for thousands of years. And when scientists looked at their nuclear DNA – the genetic material tucked inside the nucleus of each cell – they found the two birds are 99.97% identical. This finding suggests that even careful, widely accepted species definitions can miss something important.

    The golden-winged warbler, left, and blue-winged warbler are considered two distinct species, but according to many species concepts they would count as the same.
    Wildreturn, Ken Janes/Wikimedia Commons, CC BY-SA

    So what if, instead, the key to being part of a species lies deep inside the organism, in the way its basic systems of life fit together?

    Recent work in biology and philosophy suggests another way of thinking about species that focuses on a hidden but vital system inside cells: the partnership between two sets of genetic material. I and my colleague Kyle B. Heine explore this idea by drawing on research in mitonuclear ecology – the study of how different parts of an organism’s genetic material adapt and work together to produce energy.

    Virtually every cell contains two kinds of DNA. One set, stored in the nucleus, acts like an instruction manual that guides most of the cell’s activities. The other, found in structures called mitochondria – the cell’s energy centers – contains its own much smaller set of instructions geared toward supporting its unique role in keeping the cell running.

    Producing energy depends on precise teamwork between nuclear DNA and mitochondrial DNA, like two musicians playing in perfect harmony. Over millions of years, the nuclear and mitochondrial DNA of each species have evolved together to form a unique, finely tuned system.

    This insight has led to a new way of thinking about species, called the mitonuclear compatibility species concept. According to this idea, an organism belongs to a species if its two sets of genes – those in the nucleus and those in the mitochondria – are optimized to work together to generate life-sustaining energy. If the cellular partnership between these two genetic systems is mismatched, the organism may struggle to produce the energy it needs to survive, grow and reproduce.

    By this standard, different species aren’t just defined by how they look or behave, but by whether their nuclear and mitochondrial genes form a uniquely coadapted team. For example, even though blue-winged and golden-winged warblers are nearly identical in their nuclear DNA, they differ by about 3% in their mitochondrial DNA – a clue that their energy systems are distinct. And that’s exactly what the mitonuclear compatibility species concept predicts: They really are two separate species.

    Nuclear DNA and mitochondrial DNA evolve together for cells – and species – to thrive.
    National Human Genome Research Institute

    Rethinking the meaning of de-extinction

    Bringing back a species like the dire wolf isn’t just a matter of getting the fur right or tweaking a few visible traits. According to my preferred species concept, even if a recreated animal looks the part, it won’t truly be a dire wolf unless its inner genetic systems – the ones that power its cells – are finely tuned to work together, just as they were in the original species.

    That’s a tall order. And without restoring the full inner machinery of the original species, any lab-grown look-alike would fall short.

    Understanding how scientists define species – and how those definitions shape the possibilities of de-extinction – offers more than just a lesson in biological bookkeeping. It shows that classification is not just about names or lineages, but about recognizing the deep biological patterns that sustain life, offering a deeper appreciation of what it really means to bring back the past.

    Reviving an extinct species isn’t like assembling a model from spare parts. It means recreating a living, breathing system – one whose parts must work in concert, not just look the part.

    And that’s why philosophy and science both matter here: To understand what we’re bringing back, we must first understand what was truly lost.

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

    ref. If it looks like a dire wolf, is it a dire wolf? How to define a species is a scientific and philosophical question – https://theconversation.com/if-it-looks-like-a-dire-wolf-is-it-a-dire-wolf-how-to-define-a-species-is-a-scientific-and-philosophical-question-255375

    MIL OSI – Global Reports

  • MIL-OSI Global: The Supreme Court’s gender ruling has implications for the workplace. Here’s what employees can expect

    Source: The Conversation – UK – By Jonathan Lord, Lecturer in Human Resource Management and Employment Law, University of Salford

    studiocho/Shutterstock

    In April 2025, the UK’s Supreme Court issued a landmark ruling in For Women Scotland Ltd v Scottish Ministers, offering long-awaited clarification on how “sex” should be interpreted under the Equality Act 2010. The court ruled that, for the purposes of this legislation, “woman” refers to biological sex, not gender identity.

    The decision sparked intense debate across political, legal, and social spheres. But beyond the controversy, one crucial question remains: what does this mean for employers and employees?

    For managers, the implications are significant. Legal obligations must now be understood within a clarified framework that distinguishes between biological sex and gender reassignment.

    Employers face legal risks such as unlimited compensation at an employment tribunal. There’s also the potential fallout in terms of their reputation, as well as internal tensions as staff navigate issues of identity, belief and inclusion.

    The Supreme Court case centred on whether Scottish legislation could expand the definition of “woman” to include transgender women with a gender recognition certificate (GRC). The court ruled it could not, reaffirming that the Equality Act defines “woman” and “man” by reference to biological sex. While the Act separately protects people with the characteristic of gender reassignment, the two are not interchangeable in law.

    This ruling has wide-reaching implications for how single-sex services – such as women-only refuges, sports or changing facilities – can be structured. Under Schedule 3 of the Equality Act, providers may offer single-sex services where it is a “proportionate means of achieving a legitimate aim”. The judgement affirms that such services must now be assessed strictly through the lens of biological sex.

    For employers, this means they are required to navigate a more tightly defined legal landscape. The Equality Act 2010 recognises both sex and gender reassignment as protected characteristics. While single-sex spaces are lawful in limited, justifiable contexts, the legal bar for exclusion remains high.

    In practical terms, employers must ensure that provision of single-sex facilities – such as toilets, showers and changing rooms – complies with the Act.

    Any such policies must be rooted in demonstrable need, such as privacy, dignity or safety concerns, and must not cause undue harm to trans employees. Providing gender-neutral or private alternatives is increasingly seen as good practice to minimise legal and reputational risk.

    There is a real risk of legal claims on either side. Cisgender women may bring claims where their rights to single-sex spaces are perceived to be undermined. Meanwhile, trans individuals may claim indirect discrimination if reasonable adjustments such as updating internal systems (email or ID badges, for example) or offering a uniform to reflect the employee’s identity are not made.

    Employers must ensure that decisions on workplace design or service provision are evidence-based, proportionate and reviewed regularly.

    What employers should be offering

    Navigating this complex issue demands more than legal compliance. At its core, this is about people – and creating a respectful and inclusive workplace culture that values all employees.

    Employers should review and reinforce workplace values through:

    • clear dignity and respect policies that ensure staff are aware of lawful protections for both sex-based and gender identity rights

    • voluntary and inclusive communication practices, such as the optional use of pronouns in email signatures or profiles

    • training for managers and staff on both the legal framework and the lived realities of trans and gender-critical perspectives

    • robust mechanisms for resolving disputes that treat all complaints sensitively and without bias.

    Such steps will not only mitigate legal risk, they can also foster trust, morale and retention in a diverse workforce.

    Employee handbooks and HR policies should be checked and updated if necessary so that all staff know what they are entitled to.
    Vitalii Vodolazskyi/Shutterstock

    Employers must review whether their facilities and HR policies comply with the clarified legal interpretation.

    In terms of facilities, where single-sex provisions exist, employers should ensure that they serve a clear and proportionate aim. This might be a female-only changing room in a fitness centre or healthcare setting where staff or service users are required to undress. Or it could be a women-only toilet or shower facility in a refuge for survivors of domestic abuse.

    At the same time, gender-neutral or private alternatives should be considered to meet the needs of trans and non-binary employees.

    And when it comes to HR and equality policies, employee handbooks, inclusion strategies and grievance procedures should be updated in line with the ruling. Employers should carry out impact assessments to determine whether any group is indirectly disadvantaged. They should then clearly document any steps for mitigation.

    One of the most sensitive implications of the ruling is how employers manage conflicting beliefs. Some employees may have gender-critical views, while others consider gender identity as central to inclusion.

    Following the decision in the Forstater v CGD Europe case, these views – if expressed respectfully – are protected under the Equality Act’s provisions on religion or belief. Employers must walk a careful line: upholding lawful freedom of belief while enforcing respectful conduct.

    Best practice includes things like promoting freedom of expression without tolerating harassment or abuse, avoiding compelled speech (for example, forced pronoun use) while encouraging inclusive language, and offering mediation where tensions arise between staff.

    The key is balance. It should be possible to protect all employees’ rights while ensuring that no one feels unsafe or undermined. Some gender-critical employees may feel legally vindicated in expressing sex-based views. Others, particularly trans and non-binary staff, may feel their identities are being questioned or their inclusion diminished.

    Workplace dignity policies must ensure that everyone is treated respectfully and fairly. As such, employers must carefully manage interpersonal dynamics and provide clear channels for raising concerns.

    The Supreme Court ruling does not strip rights – it clarifies the legal terrain. For employers, the priority should be legal clarity, respectful inclusion and thoughtful leadership. This is not a time for reactive or ideological responses. Rather, it calls for policies that are lawful, proportionate and based on the principles of fairness and dignity.

    By updating facilities, reviewing policies, training staff and managing conflict with integrity, employers can ensure that their workplaces uphold the law while building a culture of trust and mutual respect. The law has spoken, and now it’s time for employers to lead.

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

    ref. The Supreme Court’s gender ruling has implications for the workplace. Here’s what employees can expect – https://theconversation.com/the-supreme-courts-gender-ruling-has-implications-for-the-workplace-heres-what-employees-can-expect-257677

    MIL OSI – Global Reports

  • MIL-OSI USA: Ranking Member Don Davis Jointly Leads Digital Asset Market Clarity (CLARITY) Act of 2025

    Source: US Congressman Don Davis (NC-01)

    WASHINGTON, DC — Today, Commodity Markets, Digital Assets, and Rural Development Subcommittee Ranking Member Don Davis (D-NC-01) and House Agriculture Committee Ranking Member Angie Craig (D-MN-02) introduced the bipartisan Digital Asset Market Clarity (CLARITY) Act of 2025 as original cosponsors, alongside House Financial Services Committee Chair French Hill (R-AR-02), House Agriculture Committee Chair Glenn “GT” Thompson (R-PA-15), Commodity Markets, Digital Assets, and Rural Development Subcommittee Chair Dusty Johnson (R-SD-AL), Representatives Tom Emmer (R-MN-06), Bryan Steil (R-WI-01), Ritchie Torres (D-NY-15), and Warren Davidson (R-OH-08).

    “Families, entrepreneurs, and small businesses across our country, including rural areas in eastern North Carolina, seek ways to engage in the modern economy. Digital assets present a chance for a more inclusive financial future, but we need clear rules and fair oversight for innovation to thrive. Congress must ensure that America shapes digital finance, creates opportunities, protects consumers, and supports overlooked communities,” said Congressman Davis, the ranking member of the Commodity Markets, Digital Assets, and Rural Development Subcommittee.

    The CLARITY Act establishes a new regulatory framework for the issuance and trading of digital assets by outlining specific criteria for when a digital asset is regulated by the Commodity Futures Trading Commission (CFTC) or the Securities and Exchange Commission (SEC). Under the legislation’s regulatory framework, the CFTC would be given regulatory authority over the “digital commodities” market. This market would include digital assets related to blockchain systems deemed “mature,” or largely decentralized. While the bill provides clarity regarding what types of digital assets would fall under the “digital commodity” definition, it directs the CFTC and SEC to define several key terms through agency rulemakings. Notably, the bill would give the CFTC authority over most secondary market crypto transactions where investors buy and sell previously issued crypto assets. 

    As with Financial Innovation and Technology for the 21st Century Act from the previous Congress, the bill would grant CFTC new authorities, generally providing it exclusive jurisdiction over “cash” or “spot” market digital commodity transactions (with some exceptions) and requiring CFTC registration for entities (including exchanges, brokers and dealers) offering trade in digital commodities. The bill would impose certain requirements on intermediaries, including ensuring trading is not susceptible to manipulation, requiring disclosures, customer fund segregation and addressing market integrity and recordkeeping requirements.

    ###

    MIL OSI USA News

  • MIL-OSI: XenDex Extends $XDX Presale as XRP Ecosystem Momentum Grows Amid Exchange Listing Talks

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, May 30, 2025 (GLOBE NEWSWIRE) — Investors are rushing to secure their $XDX allocations as XenDex enters the final phase of its presale. The project has confirmed ongoing discussions with several top-tier exchanges. Market momentum is building across the XRP ecosystem following recent industry developments, including reports of Ripple’s acquisition of Circle, the issuer of USDC, and the launch of the first XRPI Futures ETF by Volatility Shares — both of which have contributed to renewed bullish sentiment around XRP and related projects.

    XenDex Presale

    As XRP gains more institutional support, XenDex is quickly becoming the most anticipated DeFi launch on the XRP Ledger. Built to empower users of all levels, XenDex is cementing its place as XRPL’s go-to decentralized exchange.

    What is XenDex On XRP Blockchain?

    XenDex is the first fully integrated, all-in-one decentralized exchange (DEX) developed natively on the XRP Ledger. It brings fast, secure, and low-cost DeFi features together in one sleek interface, ideal for both crypto newcomers and professional traders.

    Features and Problems XenDex Aims to Solve on XRPL

    Despite XRP’s strengths in scalability and speed, the XRPL has lacked vital DeFi infrastructure. XenDex changes that by delivering:

    • AI Copy Trading – Mirror trades from elite performers to reduce risk and enhance returns
    • Lending & Borrowing – Lend or borrow assets on XenDex without intermediaries
    • Cross-Chain Trading – Swap XRP seamlessly on XenDex with Ethereum, BNB Chain, and Solana tokens
    • DAO Governance – Vote on upgrades, listings, and new features using $XDX

    Why Should I Buy $XDX?

    Beyond the possibility of price appreciation post-listing, $XDX holders gain:

    • Governance rights over future XenDex development decisions
    • Access to staking and liquidity rewards
    • Platform fee discounts for trading, borrowing, and lending
    • Airdrops and exclusive access to new features

    Where Can I Trade $XDX?

    Following the presale, XenDex is in active discussions with several leading exchanges — including Binance, Gate.io, MEXC, BitMart, MagneticX, and FirstLedger — regarding the potential listing of $XDX.

    Is XenDex a Legit Project on XRP?

    Yes. Built by seasoned blockchain developers with experience on Cardano and SUI, XenDex is undergoing third-party smart contract audits and has integrated XRPL tools like Xaman, XRP Toolkit, Namecheap, Gitbook, and GitHub.

    How Do I Buy $XDX?

    XenDex Presale Details

    • Soft Cap: Reached
    • Hard Cap: Almost Filled
    • Time Left: Only 2 Days Remaining

    Visit Official XenDex Links Below

    Website: https://xendex.net
    Presale: https://xendex.net/presale
    Telegram: https://t.me/xendexcommunity
    Twitter/X: 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/12c82db4-1ccc-48cc-a4f0-1cd799f9d0dd

    The MIL Network

  • MIL-OSI: Voxtur Announces Financial Results for the Q1 2025 – Ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO and TAMPA, Fla., May 30, 2025 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, today announced its financial results for the three months ended March 31, 2025. The Company’s Unaudited Condensed Interim Consolidated Financial Statements and the related Management’s Discussion and Analysis (“MD&A”) for the three months ended March 31, 2025, are available at www.sedarplus.ca and at www.voxtur.com.

    Financial Results:

    Continuing Operations Unaudited
      Three months ended March 31
    (In thousands of Canadian dollars)   2025   2024
         
    Revenue 1 $ 8,310   $ 11,909  
    Gross profit 1   4,981     7,940  
    Gross profit as a % of Revenue 1   60 %   67 %
         
         

    1 Calculations include only the results from continuing operations and do not include results of discontinued operations. As at March 31, 2025, management was committed to a plan to sell one of the Company’s business units. Accordingly, the Company has presented that business unit as a disposal group held for sale and reported its results as discontinued operations.

    During the first quarter of 2025, revenue from continuing operations declined approximately $3.6 million and gross profit declined approximately $3 million compared to the same period in the prior year. Despite this, the Company’s net loss from continuing operations remained relatively stable, underscoring the meaningful impact of realizing synergies across the organization and cost reduction measures implemented by management over the past several quarters.

    Operational expense reductions initiated earlier this year began to positively impact the quarter, though the full benefit of these initiatives will be more fully realized in the second quarter and throughout the remainder of 2025.

    Further discussion with respect to the financial results can be found in the Company’s MD&A available at www.sedarplus.ca and at www.voxtur.com.

    Management continues to work in close partnership with the Company’s advisor and in conjunction with the Company’s creditor as part of the strategic review announced earlier this year. The primary objective of this process is to reduce debt and position the Company for long-term financial stability and strength.

    “We sincerely appreciate the continued support and patience of all our stakeholders as we navigate this important phase of our journey,” said Ryan Marshall, Voxtur’s CEO. “While we are not yet where we want to be, we are making steady progress, and our focus remains on building a more sustainable and resilient organization.”

    The Company intends to host a shareholder call in the near future upon having material updates on the strategic review process and outline the path forward for the business, including other key corporate developments.

    About Voxtur

    Voxtur is a proptech company. The company offers targeted data analytics to simplify the multifaceted aspects of the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur’s proprietary data hub and workflow platforms more accurately and efficiently value real estate assets, providing critical due diligence that enables market participants to effectively originate, trade, or service defaults on mortgage loans. As an independent and transparent mortgage technology provider, the company offers primary and secondary market solutions in the United States and Canada. For more information, visit www.voxtur.com

    Forward-Looking Information

    This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) which reflect the expectations of management regarding the Company’s future growth, financial performance and objectives and the Company’s strategic initiatives, plans, business prospects and opportunities. These forward-looking statements reflect management’s current expectations regarding future events and the Company’s financial and operating performance and speak only as of the date of this press release. By their very nature, forward-looking statements require management to make assumptions and involve significant risks and uncertainties, should not be read as guarantees of future events, performance or results, and give rise to the possibility that management’s predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that the assumptions may not be correct and that the Company’s future growth, financial performance and objectives and the Company’s strategic initiatives, plans, business prospects and opportunities, including the duration, impact of and recovery from the COVID-19 pandemic, will not occur or be achieved. Any information contained herein that is not based on historical facts may be deemed to constitute forward-looking information within the meaning of Canadian and United States securities laws. Forward-looking information may be based on expectations, estimates and projections as at the date of this news release, and may be identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Forward-looking information may include but is not limited to the anticipated financial performance of the Company and other events or conditions that may occur in the future. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the information is provided. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance, or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information include but are not limited to: additional costs related to acquisitions, integration of acquired businesses, and implementation of new products; changing global financial conditions, especially in light of the COVID-19 global pandemic; reliance on specific key employees and customers to maintain business operations; competition within the Company’s industry; a risk in technological failure, failure to implement technological upgrades, or failure to implement new technological products in accordance with expected timelines; changing market conditions related to defaulted mortgage loans, and the failure of clients to send foreclosure and bankruptcy referrals in volumes similar to those prior to the COVID-19 global pandemic; failure of governing agencies and regulatory bodies to approve the use of products and services developed by the Company; the Company’s dependence on maintaining intellectual property and protecting newly developed intellectual property; operating losses and negative cash flows; and currency fluctuations. Accordingly, readers should not place undue reliance on forward-looking information contained herein. Factors relating to the Company’s financial guidance and targets disclosed in this press release include, in addition to the factors set out above, the degree to which actual future events accord with, or vary from, the expectations of, and assumptions used by, Voxtur’s management in preparing the financial guidance and targets.

    This forward-looking information is provided as of the date of this news release and, accordingly, is subject to change after such date. The Company does not assume any obligation to update or revise this information to reflect new events or circumstances except as required in accordance with applicable laws.

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

    Voxtur’s common shares are traded on the TSX Venture Exchange under the symbol VXTR and in the US on the OTCQB under the symbol VXTRF.

    Company Contact:
    Jordan Ross
    Tel: (416)708-9764

    jordan@voxtur.com

    The MIL Network

  • MIL-OSI: NANO Nuclear Files Six New Patent Applications Related to its Proprietary ZEUS™ Microreactor

    Source: GlobeNewswire (MIL-OSI)

    NANO continues work to expand its intellectual property portfolio

    New York, N.Y., May 30, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company, today announced that it has filed six new utility patent applications with the United States Patent and Trademark Office (USPTO) related to its ZEUS™ microreactor.

    ZEUS™ is being designed as a solid‑core battery reactor with a fully sealed core that uses a highly conductive moderator matrix to dissipate fission heat. As designed, there is no fluid inside the core, which lowers the risk typically associated in‑core coolant accident scenarios.

    Figure 1 – Rendering of NANO Nuclear Energy’s ZEUS™ Advanced Portable Nuclear Microreactor

    The ZEUS™ design calls for all reactor and support systems to fit within a standard shipping container, creating the potential for exceptional transportability to sites lacking conventional energy infrastructure. The unit is also designed to deliver thermal energy directly for heat applications or convert it to electricity, making it adaptable for a wide range of needs, including district heating, power generation and non‑electric uses such as hydrogen production.

    “These patent applications for ZEUS reaffirm our commitment to strengthening NANO Nuclear’s intellectual property portfolio,” said Prof. Massimiliano Fratoni, Senior Director and Head of Reactor Design of NANO Nuclear. “The applications are directed towards safeguarding ZEUS’s key processes and components, which would not only benefit our own program but also contribute to progress across the entire advanced nuclear reactor industry.”

    “We’re pleased to file these new patent applications, which reflect the hard and excellent work of our engineering and technical teams to advance our goal of bringing next‑generation microreactors, like ZEUS™, from development to commercialization,” said James Walker, Chief Executive Officer of NANO Nuclear.”

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
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    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements related to the anticipated benefits of the patent applications described herein. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop, gain registered intellectual property protection for, and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network

  • MIL-OSI: Vivakor Announces Special Dividend

    Source: GlobeNewswire (MIL-OSI)

    Dallas, TX, May 30, 2025 (GLOBE NEWSWIRE) — Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse, and remediation service, today announced that its Board of Directors has approved a plan to issue a special dividend to Vivakor shareholders.

    Vivakor currently holds 206,595 (approximately 13.5% of the outstanding common) shares of Adapti, Inc., a company that manages the marketing of products, data and companies through its AdaptAI software platform that matches products with the influencers to attempt to generate the best results.

    Based on Vivakor’s current shares outstanding of approximately 47,297,347 and excluding 20,963,229 shares held by the Company’s Chief Executive Officer and Chief Financial Officer who are waiving their right to the dividend, each Vivakor shareholder will be entitled to receive approximately 0.0079 shares of Adapti, Inc. common stock per Vivakor share. Based on the current share price of Adapti’s common stock, the special dividend is currently valued at approximately $0.815 million.

    Vivakor’s Board of Directors will be establishing a date of record for the dividend in the next couple of weeks.

    Adapti, Inc., formerly known as Scepter Holdings, Inc., filed its Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC) in September 2024 and has since become a mandatory SEC reporting company. An entity controlled by Vivakor’s Chief Executive Officer, Mr. James Ballengee, has signed a definitive agreement for Adapti to acquire certain operations from the entity. More information regarding this transaction can be found in Adapti, Inc.’s filings with the SEC.

    About Vivakor, Inc.

    Vivakor, Inc. is an integrated provider of sustainable energy transportation, storage, reuse, and remediation services, operating one of the largest fleets of oilfield trucking services in the continental United States. Its corporate mission is to develop, acquire, accumulate, and operate assets, properties, and technologies in the energy sector. Vivakor’s integrated facilities assets provide crude oil and produced water gathering, storage, transportation, reuse, and remediation services under long-term contracts.

    Once operational, Vivakor’s oilfield waste remediation facilities will facilitate the recovery, reuse, and disposal of petroleum byproducts and oilfield waste products.

    For more information, please visit our website: http://vivakor.com

    Cautionary Statement Regarding Forward-Looking Statements

    This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Forward-looking statements may be identified but not limited by the use of the words “anticipates,” “expects,” “intends,” “plans,” “should,” “could,” “would,” “may,” “will,” “believes,” “estimates,” “potential,” or “continue” and variations or similar expressions. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including, but not limited to, , the expected transaction and ownership structure, the valuation of the transaction, the likelihood and ability of the parties to successfully and timely consummate planned acquisitions, the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect Vivakor or the expected benefits of the such transaction, our ability to maintain the listing of our securities on The Nasdaq Capital Market, the parties failure to realize the anticipated benefits of pending transactions, disruption and volatility in the global currency, capital, and credit markets, changes in federal, local and foreign governmental regulation, changes in tax laws and liabilities, tariffs, legal, regulatory, political and economic risks, our ability to successfully develop products, rapid change in our markets, changes in demand for our future products, and general economic conditions.

    These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Vivakor’s filings with the U.S. Securities and Exchange Commission, which factors may be incorporated herein by reference. Actual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. There can be no assurance that the data contained herein is reflective of future performance to any degree. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. All information set forth herein speaks only as of the date hereof in the case of information about Vivakor and the Endeavor Entities or the date of such information in the case of information from persons other than Vivakor and the Endeavor Entities, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. Forecasts and estimates regarding the Endeavor Entities industries and markets are based on sources we believe to be reliable; however, there can be no assurance these forecasts and estimates will prove accurate in whole or in part.

    Investors Contact:
    P:949-281-2606
    info@vivakor.com

    The MIL Network