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Category: Business

  • MIL-OSI: Freshia Air Purifier Reviews: Don’t Buy Till You’ve Read This Unbiased Report!

    Source: GlobeNewswire (MIL-OSI)

    Helmond, Netherlands, May 29, 2025 (GLOBE NEWSWIRE) — Are you struggling with poor indoor air quality that leaves you feeling stuffy and uncomfortable? Looking for an affordable and effective way to purify the air in your home or office? Then you are at the right place. Freshia Air Purifier is an air purifier and ionizer that cleans your home’s air by removing air particles and pollutants. But there is more! 

    Due to yearnings of our readers for in-depth and honest Freshia Air Purifier Reviews in the United States, Australia, UK and Canada, we completely took out time to research and analyze this piece of information on Freshia Air Purifier which our team put together after hours and hours of indepth research and data findings and analysis.

    Indoor air quality has become an increasingly important topic as more people recognize the impact that pollutants, allergens, and airborne toxins have on health and well-being. With rising concerns about allergies, respiratory issues, and the effects of pollution trapped inside modern homes, many consumers are turning to air purifiers as a solution to improve their living environments. However, with so many brands and models available, choosing the right purifier can be overwhelming.

    Freshia Air Purifier is an air purifier that has gained significant attention for its advanced filtration system and affordable pricing.  However, does this product deliver on this promise? To provide a clear and unbiased evaluation, we have taken the time to review this air purifier. 

    Additionally, we carefully analyzed a wide range of consumer reviews and expert opinions. We aim to ensure a comprehensive understanding of the purifier’s capabilities, including filtration efficiency, noise levels, energy consumption, and ease of use. Kindly read on to learn if the Freshia Air Purifier is worth your money.

    What Is Freshia Air Purifier? (Freshia Air Purifier Reviews)

    Freshia Air Purifier is a powerful, all-in-one air purification solution designed to transform your indoor environment by eliminating pollutants, harmful bacteria, and viruses from the air you breathe. Freshia Air Purifier is a revolutionary portable air purifying device that instantly clears the air in your environment, thereby making it fresher and healthier to breathe.

    Freshia air purifier targets particles of various sizes, from visible dust and pet dander to microscopic allergens and mold spores, preventing them from perching and proliferating on surfaces. Many reviews confirm that Freshia Air Purifier doubles as an ionizer that is engineered for maximum efficiency. It combines high-performance filtration with ionizing technology to ensure your home or workspace remains fresh, clean, and safe every day. 

    Freshia Air Purifier features a three-stage filtration system that delivers comprehensive air purification. First, the Mechanical Filter traps larger airborne particles such as dust, pet hair, and debris. This initial layer not only improves overall air quality but also protects and extends the lifespan of the subsequent filters. 

    Next, the True HEPA Filter captures up to 99.7% of microscopic particles, including pollen, mold spores, and fine dust. This is especially effective for allergy and asthma patients. Finally, the Activated Carbon Filter neutralizes lingering odors from pets, cooking, or smoke while absorbing harmful volatile organic compounds (VOCs) and toxic fumes that may otherwise go unnoticed.

    Beyond its filtration capabilities, the built-in ionizer releases negative ions that bond with airborne particles, causing them to become too heavy to remain airborne. This process enhances air purification, targeting even those pollutants that filters alone might miss. 

    All Freshia Air Purifier Reviews affirmed that this air purifier is quite innovative and built with simplicity and portability in mind. Freshia Air Purifier does just what its brand name suggests, which is to clean the air we breathe of any harmful particles and pollutants. Freshia Air Purifier does not consume much watts of electricity, which is a good one, because it will help you keep down your energy bills.

    Unlike many premium air purifiers on the market that come with a hefty price tag, Freshia Air Purifier  offers top-tier performance at a price point that’s accessible to all households. Freshia’s sleek, modern design fits seamlessly into any room, and its quiet operation ensures it works efficiently without disrupting your daily life.

    Finally, Freshia Air Purifier is a safe, non-chemical, portable air purification solution that leverages negative ionization to actively clean air, delivering a healthier living space and relief from allergy symptoms and odors. Freshia Air Purifier is unequivocally designed for hassle-free use, requiring no regular maintenance or replacement of parts making it an ideal choice for anyone seeking a cleaner and healthier living environment without the need for costly upkeep or chemical-laden air fresheners.

    CLICK HERE TO BUY YOUR FRESHIA AIR PURIFIER FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT TODAY

    What Are The Features of the Freshia Air Purifier? (Freshia Air Purifier Reviews)

    The Freshia Air Purifier is a thoughtfully engineered solution for improving indoor air quality with convenience and power. Packed with practical features, it’s designed to fit seamlessly into your daily routine while ensuring that every breath you take is fresh and clean. Here’s a closer look at the key features that make the Freshia Air Purifier a top-tier choice:

    • Three-Stage Filtration System: At the core of the Freshia Air Purifier is its three-stage filtration system, which ensures a thorough cleansing of indoor air. The first layer, the Mechanical Filter, captures large particles such as dust, pet hair, and lint, preventing them from clogging the inner layers. Next, the True HEPA Filter removes up to 99.7% of microscopic pollutants, including pollen, mold spores, and fine dust. Lastly, the Carbon-Rich Activated Charcoal Filter effectively eliminates odors, smoke, and volatile organic compounds (VOCs), leaving your space smelling fresh and free from harmful chemicals.
    • Adjustable Airflow Speeds: Freshia offers adjustable airflow settings, giving users complete control over the purification process. Whether you need a low-speed setting for night use or a high-speed blast to clean the air quickly after cooking or cleaning, the customizable airflow allows for flexible and efficient operation.
    • Lightweight & Portable Design: Weighing only a few pounds, Freshia is designed with portability in mind. Its compact size and sleek silhouette make it easy to move from room to room, allowing you to purify any space, from your bedroom to your office, with minimal effort. It’s perfect for on-the-go use or for those who value a clutter-free environment.
    • 360-Degree Air Intake: Unlike traditional purifiers that pull in air from one side, the Freshia Air Purifier features a 360-degree air intake system. This means it draws in air from all directions, purifying more efficiently and evenly throughout the room. It ensures no corner is left untouched, delivering consistent performance no matter where it’s placed.
    • Whisper-Quiet Operation: Noise won’t disrupt your peace with Freshia’s whisper-quiet technology. Operating at near-silent levels, it’s perfect for use while sleeping, working, or relaxing. The low noise output makes it ideal for bedrooms, nurseries, and offices, ensuring you breathe clean air without any distraction.
    • Carbon-Rich Activated Charcoal Filter: Freshia’s carbon filter goes beyond standard odor elimination. It’s made with carbon-rich activated charcoal, which has a high adsorption capacity. This allows it to trap more odors, chemicals, and gases than regular filters, ensuring a more thorough and long-lasting clean.
    • Built-in 1500mA Internal Rechargeable Battery: One of Freshia’s most convenient features is its built-in 1500mA battery, offering up to 7 hours of use on a single charge. This makes it perfect for portable use; take it to your workspace, car, or even outdoors without worrying about cords or outlets. It’s ideal for travel or situations where flexibility and mobility are key. 

    Does Freshia Air Purifier Actually Work? (Freshia Air Purifier Reviews)

    Freshia Air Purifier works with advanced True HEPA™ and Charcoal filtration technology to effectively capture and eliminate 99.7% of airborne pollutants. This includes allergens like dust mites, pollen, pet dander, mold spores, and bacteria that commonly trigger hay fever, asthma, and respiratory issues. 

    As air is drawn in through its 360-degree intake system, it passes through a multi-layered filtration process that traps particles of all sizes. The True HEPA™ filter removes microscopic impurities, while the activated charcoal filter neutralizes odors, smoke, and harmful chemicals, creating a noticeably fresher and healthier environment.

    Overall, Freshia purifiers generally receive glowing positive reviews for their effectiveness in improving air quality and their aesthetically pleasing design. Many Australian users praise the Freshia air purifier’s ability to remove dust and odors, making the air feel cleaner and fresher. The quiet operation and compact size are also appreciated, with some users even forgetting the Freshia air purifier is running.

    Why Should You Buy Freshia Air Purifiers In Australia and New Zealand? 

    If you’re looking for a practical and affordable way to improve the air quality in your home, the Freshia Air Purifier is a fantastic choice. With its advanced filtration system, including True HEPA™ and pure carbon filters, Freshia Air Purifier actively removes harmful particles from the air, helping to reduce allergy symptoms, asthma triggers, and even lingering odors. It’s a simple, effective, and affordable way to take control of your indoor environment and protect your health.

    The regular use of Freshia Air Purifier has also helped many individuals who suffer from allergies to experience a marked difference. Freshia Air Purifier is intended for continuous use but can work intermittently in places that are not in constant use. For instance, you could run the unit in your home office when you’re working and then move it to your bedroom while you are sleeping. 

    Freshia air purifier reviews on customers complaints revealed that this air purifier is the modern solution to pure, clean air at home that helps invigorate your health and keep up a fresh and inviting home. The efficacy of Freshia air purifier technology has been proven in numerous user tests which have achieved significant airborne particle reduction in a variety of Room sizes and conditions.

    Its powerful yet quiet motor continuously circulates air across the room, ensuring that clean air reaches every corner. Whether it’s a bedroom, kitchen, living room, or office, Freshia adapts to your environment and delivers consistent performance. Designed to offer real relief for individuals suffering from allergies and congestion, Freshia helps transform your home into a sanctuary of clean, breathable air. Order now and take the first step toward a new era of cleaner, healthier living.

    Lastly, Its durability, affordability, portability and ergonomically constructed makes it the ideal air purifier for anyone looking for the best approach to acquire a purer air free of odor, airborne particles, dust, filth and debris. Freshia is a revolutionary air purifier that redefines the standards of home air quality by improving both the air you breathe and your overall well-being.

    Let’s Review the Unbeatable Benefits of Freshia Air Purifiers? (Freshia Air Purifier Reviews)

    According to consumer reports, the Freshia Air Purifier has proven to be more than just an appliance. It has helped thousands of homeowners commit to cleaner air and a healthier lifestyle. Designed with cutting-edge features and user-centric design, it delivers a wide range of benefits that make it an ideal choice for homes, offices, and personal spaces. Below are the top benefits that set the Freshia Air Purifier apart:

    • Eliminates 99.7% of Air Pollutants: With its powerful True HEPA filter, the Freshia Air Purifier captures up to 99.7% of airborne particles, including dust, pollen, pet dander, mold spores, and even bacteria and viruses. This high level of filtration ensures you and your loved ones breathe the cleanest air possible, reducing exposure to allergens and pollutants that can impact your health.
    • Easy to Use – Plug and Play Simplicity: Freshia is designed for effortless operation. There are no complicated settings or confusing instructions. Simply place it anywhere, charge it, and press the power button. Its intuitive controls make it user-friendly, even for those who aren’t tech-savvy. Clean air is just one button away.
    • Hassle-Free Maintenance: Maintenance is straightforward with Freshia thanks to its filter change indicator. This smart feature alerts you when it’s time to replace the filter, removing all guesswork and ensuring optimal performance.
    • Effective Against Pet Dander, Odors, and Mold Spores: Whether you have pets, cook frequently, or live in a humid area, Freshia tackles common indoor pollutants like pet dander, lingering cooking odors, and even mold spores. Its comprehensive filtration and ionization systems effectively reduce these irritants, helping you maintain a cleaner and healthier home environment.
    • Improves Quality of Sleep: Clean air leads to better sleep quality. By reducing allergens, odors, and airborne irritants, Freshia helps you sleep more comfortably through the night. Its whisper-quiet operation means it won’t disturb your rest, making it ideal for bedrooms and nurseries.
    • Low Energy Consumption: Freshia is energy-efficient, using minimal electricity even when operating for extended periods. This means you can enjoy purified air all day and night without worrying about high energy bills. It’s an eco-friendly solution that supports both your health and your wallet.
    • Ideal for Individuals With Allergies: For those with allergies or respiratory conditions, Freshia offers significant relief. By capturing allergens and reducing airborne irritants it helps minimize symptoms such as sneezing, coughing, and congestion. It’s a must-have during allergy season or in households with pets and dust-prone environments.
    • Improves Overall Family Health: Many households have reported improved well-being and hygiene since they started using Freshia Air Purifier. It uses a three-stage filtration system for maximum effectiveness. Get full coverage in any room you put it in with powerful circulation with a simple press of a button.
    • 30-Day Money Back Guarantee: Still unsure? Freshia comes with a 30-day money back guarantee, giving you peace of mind with your purchase. Try it risk-free in your own space, and if it doesn’t meet your expectations, you can return it, no questions asked.

    CLICK HERE TO BUY YOUR FRESHIA AIR PURIFIER FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT TODAY

    Let’s Reveal How Freshia Air Purifier Is Superior To Similar Air Purifiers (Freshia Air Purifier Reviews)

    All reviewers revealed that Freshia Air Purifier proves to be a standout product in the market by combining premium-level performance with an affordable price tag. Unlike many budget purifiers that cut corners on filtration, Freshia features True HEPA filtration, capable of capturing 99.7% of airborne particles as small as 0.3 microns. 

    From dust and pollen to mold spores and pet dander, Freshia effectively removes the most common irritants that trigger allergies and respiratory issues. Paired with its pure carbon filtration, it also eliminates household odors, smoke, and harmful chemicals, something most low-end models struggle to do well.

    Another key advantage of Freshia Air Purifier over regular solutions is its quiet operation and customizable features. While many air purifiers sacrifice noise levels for power, Freshia is engineered for whisper-quiet operation, allowing it to run continuously without disturbing your sleep, study, or relaxation. 

    Many Freshia Air Purifier Reviews in Australia mentioned it also features adjustable airflow speeds, giving users the flexibility to control purification intensity based on the room size or air quality conditions. Whether you need a gentle breeze for bedtime or a high-speed clean after cooking, Freshia adapts to your lifestyle with ease.

    Freshia is built with low energy consumption in mind, making it an eco-friendly and cost-effective choice. Many competing models draw unnecessary power, inflating electricity bills over time. Freshia, on the other hand, offers powerful performance without wasting energy, making it ideal for 24/7 use in homes and offices. 

    In all, Freshia Air Purifier prides itself on providing a sturdy, multi-functional, and low-maintenance solution at a remarkably more accessible price point than many effective conventional air purifiers. Its compact and portable design adds convenience, allowing users to benefit from cleaner air in multiple locations. 

    The combination of effective particle removal, odor elimination, mold prevention, convenience, affordability, and the absence of recurring filter costs makes Freshia Air Purifier a compelling and often superior alternative for individuals seeking to improve their indoor air quality and find a lasting solution to allergies and pollutants. With Freshia Air Purifier, you don’t have to choose between performance, comfort, and cost, you get it all in one smart, stylish device.

    How Do You Use the Freshia Air Purifier? (Freshia Air Purifier Reviews)

    Setting up your Freshia Air Purifier is quick and easy. Just follow these 3 simple steps:

    • Unbox and Fully Charge the Unit: Remove the Freshia Air Purifier from its packaging and fully charge it. This unit has a 1500mA internal battery that lasts for up to 7 hours on a single charge. You can operate it corded or cordless.
    • Position Where You Want It: Place it on a flat, stable surface in the room where you want to improve air quality. Ideally, position it in an open area with good airflow, away from walls or furniture that could block the 360-degree air intake.
    • Power On and Breathe Easy: Press the power button to turn it on. The purifier will begin filtering the air immediately. Use the control panel to adjust airflow speed if needed. That’s it, Freshia starts working right away to purify your space!

    Is the Freshia Air Purifier Any Good? (Freshia Air Purifier Reviews)

    The Freshia Air Purifier is worth it. It’s one of the most feature-packed True HEPA™ air purifiers available today, combining advanced filtration technology with convenience and user-friendly design. Whether you’re dealing with mold spores, dust, allergens, pollen, bacteria, or viruses, Freshia provides a clean and safe environment for your family and pets. 

    Its filtration system works rapidly to eliminate pet dander, lingering odors, and mold spores, leaving your home refreshed and breathable, just like a crisp morning breeze. If you or a loved one suffers from allergies, asthma, or other respiratory issues, Freshia’s 99.7% purification power offers reliable protection and daily relief.

    Beyond performance, Freshia shines in comfort and usability. The activated carbon filtration ensures you sleep soundly, free from nighttime irritants like dust and chemical fumes. It’s whisper-quiet and perfect for bedrooms, nurseries, or offices. With its intuitive plug-and-play interface, anyone can use it; no complex settings or setups required. 

    Plus, it’s built for modern living: low energy consumption means no surprise spikes in your power bill, and its lightweight, portable design lets you use it anywhere, at home or on the go. Thanks to its 15,000mAh rechargeable battery, you get up to 7 hours of wireless purification wherever you are. Freshia isn’t just good, it’s a smart, all-in-one solution for anyone serious about clean, healthy air.

    CLICK HERE TO BUY YOUR FRESHIA AIR PURIFIER FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT TODAY

    Is Freshia Air Purifier Legit or Scam (Freshia Air Purifier Australia Reviews) 

    Based on verified USA and Australian consumer reports, Freshia Air Purifier is rated safe, top tier, legit and with an excellent 4.98 ratings making it one of the most preferred and reliable Air Purifying devices available in the USA and Australia. 

    Both customers and reviewers revealed Fresher Air Purifier is totally legit, garnering over 99.3% remarkable recommendation rate, ensuring its widespread popularity and satisfaction among users. Many honest Freshia Australian customer reviews, Freshia Air Purifier is 100% legitimate air purifier and reliable for ultimate performance.

    Freshia Air Purifier ticks all the boxes and is backed by numerous positive user reviews and testimonials. It has been thoroughly tested and verified to ensure it meets the highest quality and performance standards. The Freshia company’s commitment to customer satisfaction further solidifies its credibility

    Who Needs Freshia Air Purifiers? (Freshia Air Purifier Reviews)

    The Freshia Air Purifier is ideal for anyone who wants to breathe cleaner, healthier air, especially those who suffer from allergies, asthma, or respiratory sensitivities. People living in urban areas with high pollution levels, homes with pets, or those prone to dust and mold exposure will find significant relief with Freshia’s powerful True HEPA™ and activated carbon filtration system. It helps reduce airborne allergens like pollen, pet dander, and dust mites, while also eliminating odors and harmful chemicals, making it a great choice for families, pet owners, and individuals looking to improve their overall indoor air quality.

    Beyond these groups of people, Freshia Air Purifier benefits busy professionals, students, and anyone who spends long hours indoors, whether at home or in the office. Its quiet operation and adjustable airflow speeds create a comfortable environment for better focus and restful sleep. 

    Additionally, its portability and long-lasting battery make it perfect for travelers or those who want clean air on the go. Essentially, anyone seeking a convenient, effective, and affordable way to protect their health and well-being from invisible airborne threats can benefit from adding a Freshia Air Purifier to their daily life.

    Pros – Freshia Air Purifier Reviews

    ● Removes 99.7% of airborne pollutants effectively.
    ● Features advanced True HEPA™ filtration technology.
    ● Activated carbon filter eliminates odors and harmful chemicals.
    ● Offers adjustable airflow speeds for personalized comfort.
    ● Operates quietly, perfect for bedrooms and offices.
    ● Lightweight and portable for easy room-to-room use.
    ● 360-degree air intake purifies all room corners.
    ● Energy-efficient, saves on electricity bills.
    ● Simple one-button operation for ease of use.
    ● Built-in battery lasts up to 7 hours wirelessly.
    ● The filter change indicator makes maintenance hassle-free.
    ● Ideal for individuals with allergies and pet owners.

    CONS (Freshia Air Purifier Review)

    ● Not available in any physical store near you.
    ● Supply is highly limited this season due to high demand.
    ● The ongoing 50% special discount might end anytime soon.

    Where Can I Buy The Original Freshia Air Purifier? (Freshia Air Purifier Review)

    You can buy the original Freshia Air Purifier exclusively on the official website. This ensures you receive a genuine product backed by the manufacturer’s quality standards. Purchasing directly from the official site guarantees access to exclusive offers, including a generous 50% discount that makes it even more affordable. Additionally, every order comes with a 30-day money-back guarantee, allowing you to try Freshia risk-free and return it if it doesn’t meet your expectations.

    Buying from the official website also means you get 24/7 customer support to help with any questions or concerns. This reliable service ensures a smooth purchasing experience and ongoing assistance for maintenance or troubleshooting. Avoid counterfeit or subpar versions by sticking to the trusted source, the Freshia Air Purifier official website is the safest and smartest place to invest in cleaner, healthier air for your home.

    CLICK HERE TO BUY YOUR FRESHIA AIR PURIFIER FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT TODAY

    Freshia Air Purifier Pricing & Limited-Time Offer (Freshia Air Purifier Review)

    ● Buy 1x Freshia Air Purifier = $159.95. Orig: $319.90.
    ● Buy 2 x Freshia Air Purifier = $149.95/per unit. Orig: $639.80.
    ● Buy 3 x Freshia Air Purifier = $124.95/per unit. Orig: $959.70.
    ● Buy 4 x Freshia Air Purifier = $114.95/per unit. Orig: $1279.60.

    Freshia Air Purifier Frequently Asked Questions (FAQs) (Freshia Air Purifier Review)

    Is the Freshia Air Purifier suitable for those with allergies?

    Absolutely. Freshia Air Purifier is designed to reduce allergens in the air, providing relief for individuals with allergies. Freshia traps common impurities to combat hay fever, asthma, dust allergies, congestion, and more.

    Do I need batteries to operate the Freshia Air Purifier?

    No, this unit has a 1500mA internal battery that lasts for up to 7 hours on a single charge. You can operate it corded or cordless.

    How often should I change the filter?

    It is recommended to change the filter once every 3-4 months.

    Q: In what type of rooms can I use it?
    A: It works better in average-size rooms from 200 to 350 square feet.

    Can I buy a Freshia Air Purifier in-store?

    To make this product as affordable as possible, the company decided to distribute it only via its online store.

    Freshia Air Purifier Reviews Consumer Reports and Customer Complaints 

    “I’ve tried many purifiers over the years, but none of them were good enough for me. Freshia Air Purifier made the difference! Air is much cleaner than before, and finally, I can breathe better!” —Robert B. | Verified Buyer.

    “Once you realize how bad the air quality is in your home, you’ll run to buy a purifier. Luckily for me, I found Freshia Air Purifier! The air quality now is impeccable! I recommend it to everyone!”— Kayla C. | Verified Buyer.

    “Freshia Air Purifier is amazing! I bought 2 for my home, to cover the ground floor and the first floor. They’re doing such a fantastic job. The air around feels super-clean!”— Gloria A. | Verified Buyer. 

    Final Words on Freshia Air Purifier Reviews

    After a thorough analysis of the Freshia Air Purifier’s features, performance, and user feedback, the final verdict is clear: Freshia truly delivers on its promises. Its powerful True HEPA™ filtration combined with activated carbon filters effectively removes most airborne pollutants, allergens, and odors. It is an excellent choice for improving indoor air quality.

    Freshia stands out as a reliable, easy-to-use, and affordable air purifier that suits a wide range of needs. If you’re looking for an effective solution to breathe healthier at home or work, Freshia is worth considering. It’s a smart investment in your well-being and peace of mind.

    CLICK HERE TO BUY YOUR FRESHIA AIR PURIFIER FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT TODAY

    Company name: Freshia Air Purifier
    Label Products B.V.,
    Steenovenweg 5,
    5708 HN Helmond,
    The Netherlands
    https://get-freshia.com/
    Phone: +448000729935 (UK) +61370356817 (AU)
    E-mail: support@techwidget.co

    Attachment

    • Freshia Air Purifier

    The MIL Network –

    May 30, 2025
  • MIL-OSI Economics: India VC funding activity sees significant YoY growth during January-April 2025, finds GlobalData

    Source: GlobalData

    India VC funding activity sees significant YoY growth during January-April 2025, finds GlobalData

    Posted in Business Fundamentals

    India has demonstrated a good performance in venture capital (VC) funding activity in early 2025, recording a significant increase in both deal volume and value. The total number of VC deals announced in India surged by approximately 19% during January-April 2025 compared to the same period in the previous year, while the total funding value of these deals experienced a year-on-year (YoY) growth of around 20%, according to GlobalData, a leading data and analytics company.

    Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The growth is particularly noteworthy, given the challenges faced by other major markets. Interestingly, this positive trajectory stands in contrast to the trends observed in several key markets where either the total VC funding deal volume or the deal value has seen a decline, while some markets even experienced a decline in both.”

    For instance, the US and the UK registered growth in VC funding value but a fall in deal volume during January-April 2025 compared to January-April 2024. Meanwhile, China experienced a decline in both VC deal volume and value during the same period.

    It is also noteworthy that India continues to be a key global market for VC funding activity and remained among the top five countries in terms of both deal volume and value during the first four months of 2025.

    An analysis of GlobalData’s Deals Database revealed that India accounted for more than 8% of the total number of VC deals announced globally during January-April 2025, while its share of the corresponding funding value was more than 3%.

    Bose concludes: “The increase in VC deal volume and value is a testament to the confidence investors have in the Indian market. As startups continue to innovate and scale, we can expect this trend to gain momentum, further enhancing India’s position as a global VC hub.”

    Note: Historic data may change in case some deals get added to previous months because of a delay in disclosure of information in the public domain

    MIL OSI Economics –

    May 30, 2025
  • MIL-OSI Economics: Malaysia payment card market to surpass $177 billion in 2025 as POS overtakes ATM withdrawals, forecasts GlobalData

    Source: GlobalData

    Malaysia payment card market to surpass $177 billion in 2025 as POS overtakes ATM withdrawals, forecasts GlobalData

    Posted in Banking

    The Malaysian payment card market (including at POS and ATM cash withdrawals) is expected to grow by 4.0% to reach MYR814.1 billion ($177.9 billion) in 2025e, driven by a clear shift from cash to digital payments. Contactless cards and wider card acceptance are playing a key role, with card payments at POS now set to overtake ATM cash withdrawals for the first time, reveals GlobalData, a leading data and analytics company.

    GlobalData’s Payment Card Analytics reveals that payment cards value in Malaysia registered a healthy compound annual growth rate (CAGR) of 8.0% between 2020 and 2024 to reach MYR783 billion ($171.1 billion) in 2024. On the other hand, card usage for ATM cash withdrawals is reducing with total ATM withdrawals registering low CAGR of 1.1% during the same period.

    Shivani Gupta, Lead Banking and Payments Analyst at GlobalData, comments: “Although cash remains prevalent in Malaysia, it is gradually losing ground to electronic payments. There has been significant progress in the adoption of card-based payments, which recorded a CAGR of 20.4% between 2020 and 2024 in terms of transaction volume. This growth is primarily supported by the government’s financial inclusion initiatives, such as capping interchange fees, issuing licenses for digital-only banks, and developing payment infrastructure in the country.”

    While cash has traditionally been the preferred payment method in Malaysia, its share is steadily declining as digital payments gain traction, with payment cards and digital wallets emerging as the main beneficiaries. The share of ATM cash withdrawals now represents 49.8% in 2025, much lower compared to 63.3% in 2021.

    Card payments at POS terminals, on the other hand, are steadily increasing, with its share is estimated to reach 50.2% in 2025. This growth can be attributed to the rising consumer awareness, growing POS terminalization, and the introduction of contactless debit cards by banks. The capping of interchange fees for domestic and international debit cards at 0.10% and 0.27%, respectively, and at 0.6% for credit cards, also contributed to this as this encouraged more merchants to accept card payments.

    The growing popularity of contactless payment has also driven the overall card usage at POS, gradually displacing cash for day-to-day transactions. Backed by most banks and financial institutions in the country, contactless payments have become increasingly prevalent and are also widely accepted by most retailers.

    According to GlobalData’s 2024 Financial Services Consumer Survey*, over 63% of the respondents in Malaysia indicated having access to a contactless card and used it for payments.

    The increasing use of contactless payments for public transport payments is also contributing to the growth of card payments. For example, in March 2024, the highway operator PLUS Malaysia introduced contactless credit and debit card payment capabilities at the toll plaza on the Penang Bridge. Commuters can simply tap their cards on the MyDebit-Visa-Mastercard device to complete toll payments, with the toll fee deducted directly from their card balance. These advancements indicate a growing trend towards the normalization of cashless and contactless payment methods in Malaysia.

    Despite the increasing popularity of electronic payments, cash remains widely used in Malaysia due to consumer cultural preferences and the perceived convenience and security it offers. Consequently, Malaysia’s transition to a less-cash society is expected to be a gradual process.

    Gupta concludes: “Looking ahead, Malaysia’s payment card landscape is poised for steady growth over the next five years, driven by the increasing adoption of payment cards amid a boarder digital transformation. Government initiatives, rising consumer preference for digital payments, and developing card acceptance infrastructure are expected to further drive/support this growth. Subsequently, the payment cards value is anticipated to grow at a CAGR of 4.5% between 2025 and 2029 to reach MYR969.9 billion ($211.9 billion) in 2029.”

    *GlobalData’s 2024 Financial Services Consumer Survey was carried out in Q2 2024. Approximately 67,292 respondents aged 18+ were surveyed across 41 countries.

    MIL OSI Economics –

    May 30, 2025
  • MIL-OSI Economics: Deforestation now poses material risk as EUDR enforces strict supply chain accountability, says GlobalData

    Source: GlobalData

    Deforestation now poses material risk as EUDR enforces strict supply chain accountability, says GlobalData

    Posted in Strategic Intelligence

    Deforestation is no longer just a reputational concern, it is now a material risk with regulatory teeth. With the EU Deforestation Regulation (EUDR) taking effect in December 2025, companies across sectors must prove their supply chains are deforestation-free or face severe penalties. The shift demands urgent action on traceability, supplier engagement, and sustainability strategy to preserve access to critical markets, says GlobalData, a leading data and analytics company.

    The upcoming EUDR is a commodity-based regulation requires companies importing deforestation-intensive commodities (cattle, palm oil, soy, coffee, cocoa, rubber, or wood) to the EU to provide evidence that these products’ supply chains are deforestation-free. Companies that fail to comply could face a fine of up to 4% of their EU revenue or a temporary suspension from the EU market.

    GlobalData’s latest Strategic Intelligence report, “Deforestation Risk,” includes analysis of the economic and environmental impacts of deforestation, an overview of the global regulatory landscape, and deforestation risk profiles for 12 industries

    Aoife McGurk, Strategic Intelligence Analyst at GlobalData, comments: “For many years now, certain companies have faced operational regulatory risk if their operations directly contribute to deforestation. The introduction of the EUDR from December 2025 means far more companies will need to mitigate the supply chain regulatory risk they face.”

    To help companies analyze this expanded regulatory risk, alongside the physical, reputational, and financing risk that deforestation generates, GlobalData has developed a brand new Deforestation Risk Framework.

    When analyzed through this framework, the agriculture sector faces the highest level of risk across the board. The sector’s intensive use of commodities targeted by the EUDR exposes it to elevated regulatory risk, and its reliance on ecosystem services, like pollinators and the water cycle, means it faces significant physical risk.

    The second most exposed sector is consumer. While it directly contributes to very little deforestation, the consumer sector’s supply chains involve vast amounts of high-risk commodities—palm oil, in particular.

    Companies in every sector face an underlying low level of financing risk. As financial institutions realize the risk to which deforestation and the ensuing loss of natural capital expose them, they will restrict their provision of financial services to companies that do not contribute to forest loss. Barclays has already launched a policy to this effect.

    McGurk continues: “Every company needs a strategy to mitigate deforestation risk in its many forms. GlobalData has five key recommendations companies should follow when implementing such a strategy.”

    Companies should set a robust no-deforestation target to signal to consumers and regulators that they are serious about their forestry efforts. They should engage with suppliers throughout the value chain to strengthen accountability and explicitly integrate deforestation risk into their business strategies. Companies should try to substitute any high-risk commodities they use wherever possible.

    Using natural or synthetic alternatives, changing suppliers, and economizing on the volume of each commodity can help reduce deforestation risk. Finally, investing in supply chain traceability and anti-deforestation technology will help with EUDR compliance.

    McGurk concludes: “One of the biggest challenges for EUDR compliance is ensuring that supply chains are fully transparent. Artificial intelligence (AI) can support anti-deforestation efforts by monitoring forests and using predictive analytics to predict where deforestation will occur, allowing stakeholders to prevent it. Internet of Things (IoT) technology helps monitor deforestation by combining many inputs from different sensors to detect changes in forests, analyze this data, and communicate potential deforestation to the relevant authorities. Dedicated supply chain traceability platforms combine these technologies to help companies mitigate their deforestation risk.”

    MIL OSI Economics –

    May 30, 2025
  • MIL-OSI Economics: Global renewable power installed capacity to surge to 11.2TW by 2035, forecasts GlobalData

    Source: GlobalData

    Global renewable power installed capacity to surge to 11.2TW by 2035, forecasts GlobalData

    Posted in Power

    The power sector is experiencing a notable growth in renewable energy sources, propelled by an array of factors such as technological progress, policy incentives, and a heightened awareness of the imperative for sustainable energy solutions. Consequently, renewable resources, particularly solar photovoltaic (PV) and wind energy, are gaining a larger share in the energy portfolio. Driven primarily by declining costs and strong policy support, particularly for solar PV and wind energy, the global renewable power installed capacity is estimated to surge from 3.42TW in 2024 to 11.2TW by 2035, according to GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “Renewable Energy: Strategic Intelligence”,  reveals that the global renewables market expanded from a cumulative installed capacity of 0.93TW in 2015 to 3.42TW by the end of 2024, representing a compound annual growth rate (CAGR) of 16%. The total cumulative installed capacity is projected to record a CAGR of 11% during the period 2024-35.

    Solar PV and wind power were significant contributors to the renewable energy sector, accounting for 56% and 33% of the total installed capacity in 2024, respectively.  The Asia Pacific (APAC) region has emerged as the largest market for solar PV and wind installed capacity, boasting 1.18TW and 0.67TW in 2024, respectively.

    Rehaan Shiledar, Power Analyst at GlobalData, comments: “As the costs of solar photovoltaic (PV) and wind technologies continue to decline, these renewable energy sources are increasingly appealing to investors. Also, energy transition strategies, coupled with a rising demand for electricity—partly fueled by the emergence of hydrogen energy and the advent of artificial intelligence—will propel the market growth for renewable energy sources.”

    Artificial intelligence (AI) is transforming the renewable energy sector by enhancing generation optimization, advancing grid management, and increasing efficiency across multiple systems. AI algorithms possess the capability to forecast renewable energy production, oversee grid operations in real-time, and refine energy storage strategies. These advancements contribute to heightened reliability and efficiency, thereby rendering renewable energy more effective and economical.

    Leading offshore wind developers such as TotalEnergies, Corio Generation, EnBW, RWE, and Statkraft are leveraging digital platforms to enhance the efficiency of wind farm project development. Similarly, solar power developers such as NextEra Energy, EDF and ENGIE are employing machine learning models to enhance the efficiency of solar PV facilities.

    Shiledar continues: “The renewable energy sector stands on the cusp of substantial growth, with the solar PV and wind power industries at the forefront. Moreover, the worldwide pledge to curtail carbon emissions has cultivated a regulatory landscape conducive to investments in these sustainable energy alternatives.”

    Solar PV systems are poised to spearhead new investments, outpacing both onshore and offshore wind sectors. In 2024, solar PV garnered $329.1 billion in investments. In contrast, onshore wind investments stood at $151.2 billion, while offshore wind investments reached $69.6 billion by the end of 2024. Looking ahead, the onshore wind sector is forecasted to grow to $186.9 billion and the offshore wind sector to $150.4 billion by 2030. These figures correspond to a CAGR of 4% for onshore wind and an impressive 14% for offshore wind, signaling robust growth trajectories for these renewable energy sources.”

    Shiledar concludes: “Solar and wind power stand at the vanguard of the renewable segment, rapidly becoming cost-competitive with traditional fossil fuels. They are anticipated to dominate electricity generation in the near future. While the global community is committing to the expansion of renewable energy sources, the US appears to be slowing the pace of renewables growth in favor of prioritizing fossil fuels.

    “Tariffs and offshore wind lease restrictions policy by the Trump administration are significantly impacting the renewable energy industry. Nonetheless, the global commitment to reduce carbon emissions, technological advancements, and demand for cleaner energy solutions will accelerate the adoption of renewable energy across the globe.”

    MIL OSI Economics –

    May 30, 2025
  • MIL-OSI USA: Congressman Don Davis Tours Lowe’s Distribution Center in Northampton County

    Source: US Congressman Don Davis (NC-01)

    GARYSBURG, NC — Congressman Don Davis (NC-01) received a tour of the Lowe’s Distribution Center in Garysburg, NC to gain insights into its operations, workforce, and role in supporting the regional economy. 

    “With a dedicated workforce of 500 employees, Lowe’s is a pillar of northeastern North Carolina, and we are thankful for their contributions to our community,” said Congressman Don Davis. “Businesses like Lowe’s Distribution Center #1420 play a vital role in creating a brighter future for eastern North Carolina.” 

    Lowe’s has been recognized as a 2025 Military Friendly Employer, emphasizing its commitment to supporting veterans and military families. Through its partnership with the Department of Defense’s SkillBridge program, Lowe’s offers a 12-week fellowship providing transitioning servicemembers with hands-on training, mentorship, and career opportunities in various roles, including store management and supply chain operations. 

    Lowe’s plays a critical role in disaster preparedness and response, especially in storm-prone regions like eastern North Carolina. Through its Emergency Command Center, the company pre-positions essential supplies, supports rapid store recovery, and partners with organizations like the American Red Cross to aid local communities.

    ###

    MIL OSI USA News –

    May 30, 2025
  • MIL-OSI Canada: Government of Canada welcomes recent announcements from telecommunications companies in AI infrastructure

    Source: Government of Canada News

    May 29, 2025 – Ottawa, Ontario 

    Today, the Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, along with the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario, made the following statement:

    “The Government of Canada welcomes recent announcements from leading telecommunications companies such as Bell and Telus about their plans to build the critical infrastructure to power Canada’s AI advantage. These forward-looking private sector investments will help create high-quality jobs in Canada, open up new opportunities for workers at home and strengthen Canada’s position as an AI leader. It also supports the responsible development and adoption of AI technologies that can improve prosperity for workers and businesses across Canada.

    “Notwithstanding unjustified tariffs imposed by the United States, these announcements show industry is strongly aligned with Canada’s plans to build the strongest economy in the G7, and the desire to see AI get to scale, unlock productivity gains, and fuel trust, security and sovereignty at this time of crisis.

    “These investments are also a testament to Canada’s commitment to ensuring all Canadians have access to best-in-class technologies. The Government of Canada will continue to champion investments that expand access to reliable, affordable telecommunications and support the growth of Canadian businesses in every corner of the country. Canada is open for business.”

    Associated links

    MIL OSI Canada News –

    May 30, 2025
  • MIL-OSI USA: 14 Arrested on Complaints Alleging More Than $25 Million in COVID-19 Relief and Small Business Loans Were Fraudulently Obtained

    Source: United States Small Business Administration

    Click Here to View the Original U.S. Department of Justice (DOJ) Press Release


    Fourteen defendants – including San Fernando Valley and Glendale residents – were arrested on two federal criminal complaints alleging they fraudulently obtained more than $25 million in taxpayer-funded COVID-19 relief funds and federally-guaranteed small business loans.

    The 18 total defendants named in the complaints – four defendants are believed to be in Armenia – are charged with conspiracy to defraud the government with respect to claims; false, fictitious, or fraudulent claims; wire fraud and attempted wire fraud; bank fraud and attempted bank fraud; money laundering conspiracy; laundering of monetary instruments; engaging in monetary transactions in property derived from specified unlawful activity; and/or structuring financial transactions to evade reporting requirements.

    The defendants arrested today include:

    • Vahe Margaryan, a.k.a. “William McGrayan,” 42, of Tujunga, who allegedly orchestrated a scheme to defraud numerous banks and the Small Business Administration’s (SBA) Preferred Lender Program, a program designed to help small businesses that otherwise might not obtain financing. McGrayan allegedly directed owners of sham corporations to open bank accounts, make false statements, and concoct documents, including phony resumes and financial statements, to support loan applications to buy other sham corporations. McGrayan allegedly paid for phony tax returns that falsely reported millions in revenue and tens of thousands in tax due and owing. McGrayan, whose alleged criminal activity lasted from 2018 until January 2025, then directed the laundering of millions in fraud proceeds through various bank accounts.
    • Sarkis Gareginovich Sarkisyan, 37, a.k.a. “Samuel Shaw,” of Glendale, who allegedly, among other offenses, submitted a false application and bogus documents to obtain a loan under the Paycheck Protection Program (PPP), which provided low-interest, forgivable loans to help small businesses retain their workforce and cover expenses. Sarkisyan allegedly applied in April 2021 on behalf of a fake business that received more than $700,000 in PPP funds.
    • Mery Babayan, 32, a.k.a. “Mery Diamondz,” of Van Nuys, together with co-defendants Margaryan and Hovannes Hovannisyan, 48, a.k.a. “John Harvard,” of Panorama City, in May 2021 allegedly defrauded a bank by representing the nonexistent sale of a sham business to another sham company to obtain an approximately $3 million federally guaranteed loan through the SBA’s Preferred Lending Program.
    • Felix Parker, 77, of North Hollywood, who in January 2023 allegedly made false statements and submitted fraudulent documents, including fake tax returns that falsely reported that his shell company, Canmar Promo, earned millions of dollars annually and owed tens of thousands in federal income taxes. Parker allegedly obtained more than $2 million in government-guaranteed funds earmarked to help small businesses.
    • Axsel Markaryan, 47, a.k.a. “Axel Mark,” of Pacoima, who in June 2023 allegedly fraudulently obtained more than $5 million in SBA loans via the submission of false statements and the submission of fake documents, including bogus tax returns. After the loans were obtained, Markaryan and his co-schemers in November 2023 laundered the money, including sending at least $100,000 to a co-schemer in Armenia.

    As a result of today’s takedown, law enforcement seized approximately $20,000 in cash, two money-counting machines, paper cash bands or currency straps in denominations of $2,000 and $10,000, multiple cell phones, multiple laptops, two loaded semi-automatic 9mm handguns, and boxes of 9mm ammunition.

    “Today’s enforcement action is intended to send a message to all criminals who take advantage of government programs designed to help those who need them most,” said United States Attorney Bill Essayli. “If you took COVID-19 or SBA money you weren’t entitled to, your door could be the next one we visit. Together with our law enforcement partners, my office will aggressively prosecute individuals who cheat the system meant to protect and support law-abiding citizens.”

    “Scheming to fraudulently obtain federal funds that were meant to provide assistance to the nation’s small businesses is unacceptable,” said the U.S. Small Business Administration Office of Inspector General (SBA-OIG) Western Region Acting Special Agent in Charge Jonathan Huang. “OIG will continue to ardently investigate fraudulently obtained SBA program funds, including COVID-19 pandemic-related loans, to protect taxpayers from fraud, waste, and abuse. I want to thank the U.S. Attorney’s Office and our law enforcement partners for their dedication and pursuit of justice.”

    “This transnational criminal network sought to defraud the government of millions of dollars and almost succeeded,” said Homeland Security Investigations (HSI) Los Angeles Acting Special Agent in Charge John Pasciucco. “Through the diligent work of the El Camino Real Financial Crimes Task Force and our federal partners, HSI is continuing to identify these criminal groups looking to profit from the pandemic and will use all available resources to criminally prosecute or remove them from the country.”

    “Today, 14 individuals were arrested in connection with a fraudulent loan scheme in which they allegedly obtained in excess of $25 million through the SBA Paycheck Protection Program, Economic Injury Disaster Loan programs, and other federal funding programs,” said IRS Criminal Investigation Special Agent in Charge Tyler Hatcher, Los Angeles Field Office. “These programs were established to assist individuals and businesses in need of financial assistance and instead were pilfered by the named defendants. IRS-CI is dedicated to identifying and dismantling criminal organizations that prey on assistance programs set up for the benefit of our law-abiding citizens.”

    A criminal complaint contains allegations. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    If convicted, each defendant would face a statutory maximum sentence of decades in federal prison.

    On May 17, 2021, the Attorney General established the COVID-19 Fraud Enforcement Task Force to marshal the resources of the Department of Justice in partnership with agencies across government to enhance efforts to combat and prevent pandemic-related fraud. The Task Force bolster efforts to investigate and prosecute the most culpable domestic and international criminal actors and assists agencies tasked with administering relief programs to prevent fraud by, among other methods, augmenting and incorporating existing coordination mechanisms, identifying resources and techniques to uncover fraudulent actors and their schemes, and sharing and harnessing information and insights gained from prior enforcement efforts. For more information on the department’s response to the pandemic, please visit https://www.justice.gov/coronavirus.

    On September 15, 2022, the Attorney General selected the U.S. Attorney’s Offices for the Central and Eastern Districts of California to jointly head one of the three national COVID-19 Fraud Strike Force Teams. The Department of Justice established the Strike Force to enhance existing efforts to combat and prevent COVID-19 related financial fraud. The Strike Force combines law enforcement and prosecutorial resources and focuses on large-scale, multistate pandemic relief fraud perpetrated by criminal organizations and transnational actors, as well as those who committed instances of pandemic relief fraud. The Strike Force uses prosecutor-led and data analyst-driven teams to identify and bring to justice those who stole pandemic relief funds. Additional information regarding the Strike Force may be found at https://www.justice.gov/opa/pr/justice-department-announces-covid-19-fraud-strike-force-teams.

    Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud (NCDF) Hotline at (866) 720-5721 or via the NCDF Web Complaint Form at https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    SBA-OIG, IRS Criminal Investigation, and HSI are investigating these matters.

    The cases announced today were investigated by the U.S. Department of Homeland Security’s Office of Inspector General and Homeland Security Investigations’ (HSI) El Camino Real Financial Crimes Task Force, a multi-agency task force that includes federal and state investigators who are focused on financial crimes in Southern California.

    Assistant United States Attorneys Mark Aveis and Gregg Marmaro of the Major Frauds Section and Maxwell Coll of the Cyber and Intellectual Property Crimes Section are prosecuting these cases.

    MIL OSI USA News –

    May 30, 2025
  • MIL-OSI USA: U.S. Attorney’s Office Secures Nearly $9 Million in Fraud and Money Laundering Proceeds from Fraudulently Obtained Paycheck Protection Program Loans

    Source: United States Small Business Administration

    Click Here to View the Original U.S. Department of Justice (DOJ) Press Release


    On May 14, 2025, U.S. District Judge Michael E. Farbiarz entered a final judgment forfeiting to the United States approximately $7 million in fraud and money laundering proceeds, as well as a real property purchased with laundered fraud proceeds that has an estimated market value of nearly $2 million, United States Attorney Alina Habba announced.

    On May 6, 2024, the U.S. Attorney’s Office filed a civil forfeiture complaint against approximately $7 million in seized and frozen U.S. currency, as well as a real property in Cresskill, New Jersey, that was purchased with nearly $1 million in laundered fraud proceeds, alleging that the assets were the proceeds of fraud and money laundering offenses. As alleged in the complaint, between April 2020 and August 2020, Jae H. Choi (“Choi”) fraudulently obtained Paycheck Protection Program (“PPP”) loans totaling approximately $8,971,457, and then laundered those fraud proceeds through various financial accounts held in the names of Choi’s nominees, including Choi’s relative and various corporate entities that Choi controlled. According to the civil forfeiture complaint, Choi then spent the laundered fraud proceeds on personal expenses and purchased the Cresskill real property.

    United States Attorney Habba credited special agents of the Internal Revenue Service –Criminal Investigation, under the direction of Special Agent in Charge Jenifer L. Piovesan, special agents of the Social Security Administration, Office of the Inspector General’s Boston New York Field Division, under the direction of Special Agent in Charge Amy Connelly, postal inspectors of the U.S. Postal Inspection Service, under the direction of Inspector in Charge Christopher A. Nielsen, and special agents of the U.S. Small Business Administration, Office of Inspector General’s Eastern Region, under the direction of Special Agent in Charge Amaleka McCall-Braithwaite, with the investigation.

    The government is represented by Assistant U.S. Attorney Peter A. Laserna of the Bank Integrity, Money Laundering, and Recovery Unit of the Criminal Division in Newark.

    ###

    choi.complaint.pdf

    Related programs: Pandemic Oversight, PPP

    MIL OSI USA News –

    May 30, 2025
  • MIL-OSI: OPEC Secretary General Announced as Keynote Speaker at Global Energy Show Canada

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 29, 2025 (GLOBE NEWSWIRE) — dmg events is announcing that OPEC Secretary General, His Excellency Haitham Al Ghais, will make an official visit to Canada this June and appear as a Keynote Speaker at the Global Energy Show Canada (GESC) taking place June 10-12.

    Speaking as part of the Executive Conference ‘The Conversation’ hosted by Peter Mansbridge, His Excellency joins a who’s who of energy industry CEOs, policy leaders from the private sector, and ministerial and elected officials from across Canada and around the world. The convention gets set to tackle big questions and issues about what Canada’s energy mandate can look like over the next five years.

    “We are thrilled to welcome His Excellency Haitham Al Ghais to the Global Energy Show Canada this June in Calgary, for what is shaping up to be the most influential and important edition of the event in decades,” says Nick Samain, Senior Vice President of dmg events. “With pre-registration already trending close to double compared to the last edition in 2024, we expect to reach capacity attendance for this year’s conference program in the next few days.”

    This announcement comes alongside a roster of more than 150 distinguished private sector energy leaders from Canada and around the world, including: Hon. Rona Ambrose, Deputy Chairwoman, TD Securities; Stastia West, President & Country Chair and Vice President, Canada Integrated Gas, Shell Canada; Mark Maki, CEO, Trans Mountain; Mark Fitzgerald, President and CEO, PETRONAS Canada; Jon McKenzie, President and CEO, Cenovus Energy; Darlene Gates, President and CEO, MEG Energy; Nicole Bourque-Bouchier, CEO, The Bouchier Group; Clay Sell, CEO, X-energy; Luke Schauerte, CEO, Woodfibre LNG; Chris Doornbos, President and CEO, E3 Lithium; Kim Lauritsen, Senior Vice President, Enterprise Strategy and Growth, Ontario Power Generation; and Carl Marcotte, Senior Vice President Marketing and Business Development, Candu Energy, an AtkinsRéalis Company.

    Joining this roster of private sector energy leaders is strong representation from government, Indigenous, and policy leaders, including: Premier of Alberta Danielle Smith; Hon. Brian Jean, Minister of Energy and Minerals, Government of Alberta; Hon. Colleen Young, Minister of Energy and Resources, Government of Saskatchewan; Crystal Smith, Chief, Haisla First Nation; Dr. Orlando Velandia Sepúlveda, President, National Hydrocarbons Agency of Colombia (ANH); Chana Martineau, CEO, Alberta Indigenous Opportunities Corporation; Kenneth Wagner, Former Trump Administration Senior Executive at the US Environmental Protection Agency; Jason Lanclos, Director of State Energy Development and Planning, Louisiana Economic Development; Dale Hansen, Dean, McPhail School of Energy, SAIT; Justin Riemer, CEO, Emissions Reduction Alberta; Lisa Baiton, President and CEO, Canadian Association of Petroleum Producers (CAPP); Sonya Savage, Senior Counsel, Borden Ladner Gervais LLP; Marg McCuaig-Boyd, Senior Advisor, Counsel Public Affairs Inc.; Shannon Joseph, Chair, Energy for a Secure Future; Heather Exner-Pirot, Senior Fellow and Director of Natural Resources, Energy, and Environment, MacDonald-Laurier Institute; James Rajotte, Alberta’s Senior Representative to the United States, Government of Alberta; Hon. René Legacy, Deputy Premier, Minister of Finance, Minister responsible for Energy, Government of New Brunswick; Hon. Nathan Neudorf, Minister of Affordability and Utilities, Government of Alberta; Ehren Cory, CEO, Canada Infrastructure Bank; Gurpreet Lail, President and CEO, Enserva and Karen Ogen, CEO, First Nations Natural Gas Alliance.

    Delegates can expect a range of premium networking events throughout the three-day conference and exhibition including daily receptions, industry dinners, the Global Energy Show Awards, all on the backdrop of a robust exhibition featuring 500 exhibiting companies across five expansive exhibition halls.

    Exhibition hours are: Tuesday, June 10 and Wednesday, June 11 from 10 a.m. to 5 p.m. and Thursday, June 12 from 10 a.m. to 4 p.m. Please check the website for full conference program and hours.

    Media are required to pre-register to attend the show. In order to obtain a show badge for the event, media will need to provide accreditation (a piece of photo identification and an official business card) upon arrival. The Media Room is located on Level 2, BMO Centre.

    For more information on GESC, to pre-register or to inquire about attendance, please visit https://www.globalenergyshow.com.

    For media inquiries, please contact: 
    Shauna MacDonald
    403-585-4570
    Brookline Public Relations
    smacdonald@brooklinepr.com

    The MIL Network –

    May 30, 2025
  • MIL-OSI: 100x Leverage + 100% Bonus — No KYC Needed to Trade Crypto Futures on BexBack

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 29, 2025 (GLOBE NEWSWIRE) — As the cryptocurrency bull market charges ahead, traders are once again looking for platforms that offer both power and flexibility. BexBack Exchange is answering that call with an unmatched trio of advantages: up to 100x leverage, a 100% deposit bonus, and no KYC requirement for new users.

    This combination makes BexBack one of the most accessible and trader-friendly platforms in the crypto derivatives space.

    Why 100x Leverage Appeals to Traders

    • Amplify returns with minimal capital
    • Access larger positions for stronger market exposure
    • Benefit from both rising and falling markets
    • Enhance capital efficiency by using margin effectively

    Traders using BexBack can open positions with just 0.001 BTC and still take advantage of full leverage potential.

    How the 100% Deposit Bonus Works

    New users depositing at least 0.001 BTC or 1,00 USDT qualify for a 100% bonus. While this bonus cannot be withdrawn directly, it can be used as trading margin. In volatile conditions, this added margin helps buffer against liquidation, allowing traders to stay in the game longer.

    Profits made using the bonus are fully withdrawable.

    Read the full bonus policy

    What Sets BexBack Apart?

    • No KYC: Start trading instantly with just your email
    • 100x Leverage: Take full control of market swings
    • 100% Deposit Bonus: Double your funds for amplified trading power
    • 50+ Perpetual Contracts: Including BTC, ETH, ADA, SOL, XRP, and more
    • Demo Mode: Unlimited virtual funds to practice risk-free
    • 24/7 Support: Responsive service for users worldwide

    About BexBack

    BexBack is a global cryptocurrency derivatives exchange that empowers traders with up to 100x leverage on BTC, ETH, ADA, SOL, XRP, and over 50 other major crypto pairs. Headquartered in Singapore, the platform operates under a U.S. MSB license and maintains offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. Known for its no-KYC policy, fast trade execution, and user-centric features like demo trading and double deposit bonuses, BexBack is trusted by over 500,000 users worldwide.

    Ready to Start?

    If you’ve been watching crypto from the sidelines, now is the time to act. Sign up, deposit, and experience the benefits of high-leverage trading — all without KYC.

    Join BexBack Today — where trading begins with freedom and scales with you.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/17fd1a38-100a-4304-a1d9-962a0dbb820b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/abbf6903-ca41-45f3-8010-5bf9bee017f2

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3b820417-b7d7-475d-81c5-bfeb8e147f41

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b9e64d28-15dc-4e21-a1a3-77a34d423c8e

    The MIL Network –

    May 30, 2025
  • MIL-OSI Economics: Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 – The YASHWANT CO-OPERATIVE BANK Ltd., Phaltan, Taluka Phaltan, District Satara, Maharashtra

    Source: Reserve Bank of India

    It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No. S1580/12-22-321/2025-2026 dated May 28, 2025, has issued certain Directions to The YASHWANT CO-OPERATIVE BANK Ltd., Phaltan, (“the bank”), whereby, as from the close of business on May 29, 2025, the bank shall not, without prior approval of RBI in writing, grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets except as notified in the RBI Direction dated May 28, 2025, a copy of which has been directed to be displayed on the bank’s website / premises for perusal by interested members of the public. Considering the bank’s present liquidity position, the bank has been directed not to allow withdrawal of any amount from savings bank or current accounts or any other account of a depositor but is allowed to set off loans against deposits subject to the conditions stated in the above RBI Directions. The bank may incur expenditure in respect of certain essential items such as salaries of employees, rent, electricity bills, etc., as specified in the said Directions.

    2. RBI has in the recent past engaged with the Board and Senior Management of the bank for improvement in its functioning. However, lack of concrete efforts taken by the bank to address the supervisory concerns and to protect the interest of depositors of the bank, necessitated issuance of these Directions.

    3. The eligible depositors would be entitled to receive deposit insurance claim amount of their deposits upto a monetary ceiling of ₹5,00,000/- (Rupees five lakh only) in the same capacity and in the same right, from the Deposit Insurance and Credit Guarantee Corporation (DICGC), as applicable under the provisions of the DICGC Act, 1961, based on submission of willingness by the depositors concerned and after due verification. The depositors may contact the bank officials for further information. Details may also be accessed on the DICGC website: www.dicgc.org.in.

    4. The issue of the above Directions by the RBI should not per se be construed as cancellation of the banking license by RBI. The bank will continue to undertake banking business subject to restrictions specified in the said Directions till its financial position improves. The RBI continues to monitor the position of the bank and will take necessary actions including modifications of these Directions, as warranted, depending upon circumstances and in the interest of the depositors.

    5. These Directions shall remain in force for a period of six months from the close of business on May 29, 2025 and are subject to review.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/432

    MIL OSI Economics –

    May 30, 2025
  • MIL-OSI Global: The Salt Path taps into a long history of searching for healing on England’s south-west coast

    Source: The Conversation – UK – By Lena Ferriday, Lecturer in the History of Science and the Environment, King’s College London

    Moth Winn was diagnosed with a terminal illness at the age of 53 and in the same week he and his wife, Raynor, lost their home. As the bailiffs arrived, the couple made a remarkable decision: to take a 630-mile year-long coastal walk from Somerset to Dorset, through Devon and Cornwall.

    Their journey was first told in Raynor Winn’s bestselling memoir The Salt Path, which has now been made into a film. In The Salt Path, Gillian Anderson and Jason Isaacs portray the hardship and hope the couple experienced as they walked through sunshine and storms with little more than a tent and a handful of cash.

    But their walk is part of a much older story. Without realising it, Raynor and Moth joined a centuries-old tradition of seeking healing and transformation along the south-west coast. In the 19th century, people travelled to the coast because doctors believed coastal air and seawater could treat illness. This idea became known as “change of air” treatment and was widely prescribed to urban patients suffering from “nervous disorders”, such as stomach pains and chest issues. These seaside visits were understood as a form of medicine.


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    England’s westerly edge

    The South West Coast Path is the UK’s longest national trail. The route has over 115,000 feet of ascent and descent – the equivalent of scaling Mount Everest four times. It was officially protected in 1973 to preserve and improve access to the path and now attracts nearly 9 million visitors each year. But its origins lie in the working lives of local people, especially coastguards watching for smugglers and fishermen following pilchard shoals.

    In the 19th century, the region also became a destination for domestic tourists. It was made more accessible as passenger rail lines were extended to places including Plymouth and Penzance. Some visitors walked to explore unfamiliar landscapes, while others did so on medical advice.

    The seaside towns of Penzance and Torquay emerged as health resorts and by the first world war they were known as “havens for invalids”. Between 1800 and 1854, Torquay’s population grew from 800 to 14,000, mostly made up of medical residents on temporary stays.

    Healing in the elements

    Before the walk, Moth was diagnosed with corticobasal degeneration (CBD) after seeing a doctor about shoulder pain and tremors. CBD is a rare degenerative condition that affects the brain and gradually leads to difficulties with movement, speech, memory and swallowing.

    When he began the walk, Moth’s mobility had deteriorated and he was experiencing severe pain and numbness in his left leg. For the first half of the film, Jason Isaacs drags his foot along the ground to show this physical strain. The challenge of walking was made harder by the rugged terrain – steep hills, jagged rocks and harsh winds.

    As Moth and Raynor walked, something unexpected happened. Moth’s symptoms began to ease, his condition improved, and he eventually stopped taking pain relief. He believed the change was linked to the regular movement and the sense of purpose the walk gave them during a bleak period. He described walking as having a restorative power that offered him a new, unlicensed freedom.

    The idea that walking by the coast could have healing properties has deep roots. In the 19th century, walking was considered beneficial, but the emphasis was on gentle movement in clean air rather than endurance through rough landscapes. The air of Devon and Cornwall was praised for its soothing qualities and the climate for its warmth in the winter. Town planners even built flat promenades in seaside towns to make walking more accessible for people with chronic illnesses and low mobility.

    Spending time outside was considered particularly valuable for people suffering from tuberculosis. Before tuberculosis was known to be caused by bacteria, medical experts blamed it on bad-smelling air. Doctors suggested that city dwellers suffering with chest pains remove themselves from these dirty atmospheres and immerse themselves in the clean, salt air at the seaside.

    Nature plays a central role in The Salt Path. Its affect on the body is seen in Gillian Anderson’s sun-scorched cheeks and wind-tousled hair. The sounds of birds and the sea accompany panoramic drone shots of the cliffs. The sea is a key character.

    Arriving at Minehead, the Winns take a photo to begin their journey: of “the three of us”, the couple and the sea. Victorian travel writers also insisted that in the south-west, “The pedestrian must never wander more than a stone’s throw from the sea.”

    When Moth swims in the sea, he is empowered in his own body and able to move without constraint. The seaside has carried health connotations since the 1700s. In the 18th century, doctors claimed that sudden immersion in cold, salty and turbulent waters had therapeutic value for chronic illness. Today, open swimming remains a popular practice in the south-west and is praised for its mental and physical health benefits.

    As the film ends, we learn that 12 years after their walk Moth is still living with CBD and the couple still use long-distance walks to treat his symptoms. This experience of illness finds resonance in older practices, reminding us that healing can sometimes be found outside of clinical spaces. While the reasons for walking often change, the connection between place, body and wellbeing spans centuries. The Salt Path tells a deeply personal story but also continues a long cultural history of looking to the coastline for recovery and renewal.

    Lena Ferriday has received funding from the Arts and Humanities Research Council.

    – ref. The Salt Path taps into a long history of searching for healing on England’s south-west coast – https://theconversation.com/the-salt-path-taps-into-a-long-history-of-searching-for-healing-on-englands-south-west-coast-257793

    MIL OSI – Global Reports –

    May 30, 2025
  • MIL-OSI Global: Rise of the Zombie Bugs takes readers on a jaw-dropping tour of the parasite world

    Source: The Conversation – UK – By Alex Dittrich, Senior Lecturer in Zoology, Nottingham Trent University

    A “zombie” snail infected with a flatworm JoostP/Shutterstock

    Rise of the Zombie Bugs, by Mindy Weisberger, is a non-fiction book that borrows from popular culture to make one of the most complex and grisly interactions in the animal kingdom accessible to the reader.

    From fungi and viruses that infect the brains of insects, to parasites that burst through the abdominal cavities of their unsuspecting hosts, Weisberger shows readers a gruesomely fascinating world.

    Weisberger’s definition of a zombie bug is an insect that has become host to a parasite. The parasite modifies its host’s behaviour for its own means. She affectionately refers to these parasites as “zombifiers”. This zombification can make the host more susceptible to conditions that enable that parasite to complete its lifecycle or spread.

    The author takes the reader through a taxonomic feast of invertebrates and their parasites. The idea of “host-altered behaviour” is particularly interesting here, as it shows the ends that parasites go to to complete their lifecycle and reproduce.

    For example Leucochloridium, a flatworm that turns the eyes of snails vivid colours and patterns, which makes them more susceptible to bird predation. The flatworm also makes the snail stay out in the open. Once eaten by a bird, the flatworm can complete its life cycle in the bird’s gut. And Weisberger helps the reader understand some of the complex processes that underpin this phenomenon. For example, how these parasites hijack the host’s nervous system and cause unusual behaviour.

    There are parasitic flies that disrupt the natural foraging behaviour of ants. After the fly lays eggs in the ant’s thorax, the larvae eventually migrate to the ant’s head, making it fall off. There’s also the cordyceps fungi that infects the brains of many insect species and makes them move to a better location for the fungi, such as the ends of tree branches or the tips of grass stems. A location normally treacherous to the insect – but ideal for the fungi to spread its spores. Once there, a fruiting mushroom sprouts from the insect’s head.

    An ant infected with cordyceps.
    Jojo dexter/Shutterstock

    Parasites are all around us. Weisberger reassures us that, although the grisly and fantastical world of fiction is not far removed from what we see in nature, the processes she describes in the book are natural. And indeed necessary for a healthy planet, playing a crucial role in controlling and halting pest invasions. In the insect world, they are one of the most abundant natural controls on populations of pest insects.

    Although naturally occurring populations of these parasites are not more likely to attack invasive species than native ones, we have however used them to our advantage in exploiting their behaviour to protect our crops. For example, the parasitic wasps I mentioned before are key for controlling populations of beetle pests in fruiting crops.

    Parasites and us

    The war waged on insects by their parasites has inspired a lot of popular culture, such as the chest-bursting aliens from the Alien films – rumoured to have been based on parasitoid wasps that lay their eggs inside the bodies of unsuspecting insects. The video game and popular HBO series The Last of Us imagines a world where cordyceps infect humans, not just insects.

    As someone with a soft spot for invertebrate behaviour, I am drawn into the case studies where invertebrate animals interact with each other and the decapitated ants and disco snails are firm favourites of mine.

    However, the book does end on a note of caution. The author writes a worrying footnote on rabies and Toxoplasma gondii, and the ability of both to not only cause serious harm to us but to even alter our behaviour.

    Toxoplasma gondii is a single-cell parasite that causes an illness called toxoplasmosis in humans. You can catch it from cat faeces, or from eating infected meat. It is one of the most common parasitic infections of humans and other warm-blooded animals. It doesn’t make most adults seriously ill but it can cause blindness and developmental disorders in children infected as a foetus and cause life-threatening illness in immunocompromised people.

    Toxoplasmosis has been linked to rage and suicidal behaviour in humans. Although one third of people are estimated to have been exposed to toxoplasmosis, there is still much we don’t understand about it.

    Rise of the Zombie Bugs is a fun read that would appeal to a wide range of audiences, whether you work in science and education or simply want to expand your understanding of the natural world.

    Alex Dittrich 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. Rise of the Zombie Bugs takes readers on a jaw-dropping tour of the parasite world – https://theconversation.com/rise-of-the-zombie-bugs-takes-readers-on-a-jaw-dropping-tour-of-the-parasite-world-256026

    MIL OSI – Global Reports –

    May 30, 2025
  • MIL-OSI Global: Why are the US and Israel not on the same page over how to deal with Iran? Expert Q&A

    Source: The Conversation – UK – By Scott Lucas, Professor of International Politics, Clinton Institute, University College Dublin

    The US president, Donald Trump, claimed on May 28 to have personally stopped Israel from attacking Iran’s nuclear facilities. When asked if he’d intervened during a phone call with the Israeli prime minister, Benjamin Netanyahu, Trump replied: “Well, I’d like to be honest. Yes, I did … I said, I don’t think it’s appropriate right now”. The Trump administration is currently in talks with Iran over the future terms of its nuclear programme.

    Middle East expert Scott Lucas answered the Conversation’s questions about the disagreement over Iran and how it might affect US-Israel relations.

    The US wants a nuclear deal with Iran. Israel doesn’t. Why the disagreement?

    Israel has long been sceptical of diplomatic overtures to Tehran, saying Iran is committed to Israel’s destruction. This position has not changed.

    When Trump apparently told Netanyahu recently that he wanted a diplomatic solution with Iran and believed in his ability to “make a good deal”, the Israeli leader insisted that the only “good deal” would be one that dismantled Iran’s nuclear facilities.

    But Trump’s priority is not a “good deal”. He is more interested in a photo opportunity portraying him as a “dealmaker” even when there is no substantive agreement.

    Trump’s first term saw him embrace North Korean leader Kim Jong-un, whom he had previously threatened with “fire and fury” and denounced as “little rocket man”, to proclaim a breakthrough in stalled nuclear talks. There wasn’t anything beyond a meaningless one-page memorandum, but Trump became the first serving US president to step into North Korea and garnered international attention for doing so.

    Then, at the start of his second term, Trump claimed he could end Russia’s war in Ukraine within 24 hours. But, more than four months later, he is frustrated and embittered. He recently called Russia’s leader Vladimir Putin “absolutely crazy”.

    Trump also said he could resolve Israel’s assault on Gaza. He claimed the glory of a phase one ceasefire agreement in which Hamas freed some hostages in return for Israel releasing hundreds of Palestinians detained in its prisons. But he walked away when Netanyahu’s government refused to move to a second phase.

    So now his hope, as outlandish as it might seem, is to appear alongside Iran’s president, Masoud Pezeshkian, or even the supreme leader, Ali Khamenei, making some kind of deal.

    What do the Gulf states hope for?

    Saudi Arabia and the United Arab Emirates are rivals of Iranian regional leadership, but they want to avoid Israeli military action against Tehran as this could spark a conflagration across the region.

    They are looking to extract themselves from a decade-long war in Yemen, where their intervention has not toppled the Iran-backed Houthi insurgency. And they would like space for Syria to develop after five decades of Assad family rule came to an end in December 2024 – with possible profits for Gulf companies involved in recovery and reconstruction.


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    Qatar, which Trump also visited in May, as well as Oman have long burnished their reputations as peace brokers. This has included facilitating talks between the US and Iran.

    What is Iran’s position and how close is it to building a nuclear weapon?

    When Iran agreed the Joint Comprehensive Plan of Action (JCPoA) in 2015 with the UK and other world powers, it gave up any potential for a military nuclear programme. Enrichment of uranium was limited to 3.67%, and stocks of 20% grade were shipped out of the country. While uranium enriched to 20% is not weapons-grade, it shortens the time it will take to produce a nuclear weapon considerably.

    It was Trump who allowed Iran to restart its nuclear programme when he pulled the US out of the JCPoA in May 2018 and imposed comprehensive sanctions six months later. Iran not only resumed 20% enrichment but began production of 60% uranium, which can be further enriched to the 90% required for military use.

    Tehran is still stopping short of that 90% level. And it has said it will forego any potential for a military programme in a renewed agreement with the US, but is refusing US demands to end enrichment for civil purposes.

    What might Israel do to disrupt the talks?

    Netanyahu could defy Trump and order military strikes. But such action would further alienate Israel from the international community, unsettle relations with Washington, and risk regional conflicts that would overstretch the Israeli military.

    Israeli intelligence and military institutions have opposed Netanyahu’s plans to attack Iran in the past, notably in 2010 and 2011. When he tried to lay the foundations for military action, they raised political, diplomatic and logistical obstacles that put an attack on hold.

    And, despite Netanyahu’s attempts to replace intelligence heads and military commanders with his loyalists, the new appointees are still likely to take the same position.

    For more than 15 years, Israel has pursued covert operations to disrupt Iran’s nuclear programme. These include sabotage, cyber-attacks, assassinations and explosions set off by agents inside Iran. Those operations have appeared to diminish in recent months, but they might be renewed without raising Trump’s ire.

    How does the disagreement over Iran affect US-Israel relations, especially when it comes to Gaza?

    We are in a world where Trump can hold back Netanyahu over Iran, but give him a blank cheque for the assault and starvation of Gaza.

    Trump’s administration did nothing to oppose the Netanyahu government’s inevitable rejection of the phase two ceasefire in Gaza at the start of March. This subsequently saw renewed military operations and imposition of a blockade on humanitarian aid. Trump’s envoy, real estate developer Steve Witkoff, has been ineffectual in his purported mediation efforts.

    Netanyahu has not only tabled the plan for Israel’s long-term occupation of Gaza, with four military zones and Gazans penned into three areas with limited movement. He has publicly embraced Trump’s proposal for the displacement – some would call it “ethnic cleansing” – of hundreds of thousands of Gazans.

    In October 2024, Trump reportedly told Netanyahu to “do what you have to do” in the offensive against Hamas. Then, in mid-February, he said: “Bibi, you do whatever you want”.

    So, even as Trump does what he wants over Iran to Netanyahu’s chagrin, the Israeli prime minister is finding that Trump is not restricting what he does closer to home in Gaza.

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

    – ref. Why are the US and Israel not on the same page over how to deal with Iran? Expert Q&A – https://theconversation.com/why-are-the-us-and-israel-not-on-the-same-page-over-how-to-deal-with-iran-expert-qanda-257758

    MIL OSI – Global Reports –

    May 30, 2025
  • MIL-OSI Global: Nato faces a make-or-break decision about how to protect Europe and its future in next few weeks

    Source: The Conversation – UK – By Amelia Hadfield, Head of Department of Politics, University of Surrey

    Nato is facing a pivotal moment in its history.

    Ahead of its June 24-25 summit in The Hague, Nato is weighing up whether it can truly continue to count on US support (and membership), whether it will become a European-only organisation, or whether it has a future at all. This suggests a massive shift for the intergovernmental organisation that sits at the heart of defence and security for Europe, and beyond.

    The past year has changed everything. Trump’s anti-Nato rhetoric has become increasingly vociferous and disrespectful, undermining both the organisation itself, and the other 31 Nato member countries, which include Germany, France, Canada, Turkey, the UK, Sweden and Norway. Add to this the Trump administration’s embrace of international isolationism, and the potential, consequential loss of clear US backing for the alliance, all of which highlight the organisation’s historical dependence on the US.

    This is what makes the June 2025 summit so critical. It is a make-or-break opportunity to unveil a plan for Nato’s wholesale transformation, or an event conclusively marking its obsolescence. The plan itself is simple: build – or rebuild – Nato as a possible Europe-only endeavour.




    Read more:
    Why it matters for European security if an American no longer commands Nato troops – by a former Trident submarine commander


    If this plan becomes reality, historians of European security and defence may spot earlier parallels for Nato with the original Western European Union (WEU). The WEU was the European defence security structure established in 1954 under the Paris Accords, which helped to redefine relations with West Germany.

    Ultimately subsumed into both Nato and EU governance structures, the WEU’s prime goal at the time was to bolster the European content of the Atlantic alliance.

    US never wanted Europe to lead

    There is a deep irony in Trump’s bluster about Nato states paying more towards their defence. The US has, for decades, been sanguine at best, and hostile at worst on almost every form of European defence autonomy, from basic ops-based endeavours established by the EU to more ambitious strategies. Instead, the US has insisted almost exclusively on increased defence spending by other Nato members, improved interoperability between the various national forces, but all “in furtherance of a US-dominated alliance”, rather than a more authentically US-European approach to safeguarding both European and American interests according to Max Bergman, a former senior adviser to the US state department.

    What is the future of Nato?

    If the US is now reducing its involvement in Nato, or abdicating entirely, the only option for Nato is to reduce its dependence on the US, and in doing so, to focus more on Europe. A clear mandate is needed, to ensure that being US-less does not render Nato itself useless. Without a mandate, opportunistic space would quickly open up for an aggressive Russia.

    Trump made clear early in his first administration that he was no fan of Nato, and argued that its funding structure should no longer overburden the US. In his second administration, Trump has been even clearer, has variously threatened to pull US troops from Nato joint exercises, reduce US security commitments to Nato as a whole, remove some or all of the 80,000 US troops on permanent rotation in Europe and vastly reduce the US’s contribution to Nato’s central budget of US$5 billion (£3.6 billion).

    These threats are now repeated routinely by US defence secretary Pete Hegseth and others in the Trump administration. This has profoundly rattled Nato as an institution and its individual member states.

    As Nato’s own records show, from 2023 onward, there have been major increases in European defence spending. But the opportunity to keep spending commitments high, as well as overhaul the organisation to meet Ukraine’s demands and defence opportunities for the EU as a whole – which could have been nailed onto Nato’s 75th anniversary summit in 2024 – did not materialise.

    There are pros and cons of a new Europe-focused approach for Nato, and these will work themselves out in the final five-to-ten-year plan which is being prepared ahead of the June summit.

    For some, building a European defence mission within Nato is an opportunity to plot a new and more sustainable course for Nato, rather than trying to shore up an expanding US-shaped hole. Spending increases that reduce Nato’s perceived helplessness, or reliance on the US, may also be a benefit.

    For others, the removal of US command and control, hardware, software, intelligence and much more from Nato is a futile endeavour that will leave the organisation in pieces at best, and present Russia with a golden opportunity for continued eastern aggression at worst.

    The signals from Washington remain confusing. Trump’s suggestion of a sudden and total US withdrawal from European defence was tempered in April by US secretary of state Marco Rubio’s suggestion that Trump remained supportive of Nato but also demanding expanded spending commitments (these demands vary from 2.5% to 5% of GDP), and for other members to take on far greater responsibility for developing Nato’s capabilities.

    An emerging European coalition

    Many members now support the emerging “coalition of the willing”, led by France and Britain, to underwrite a force and secure a post-conflict deal for Ukraine. In figuring out the current provision of military force, including logistics and intelligence capacities in addition to air, land and sea forces, Nato members are aiming to remove the US’s presence and fill the vacuum with European assets over a decade.

    The task is colossal, and not without risks. Nato does not want an overnight abdication of the US, as it currently relies far too heavily upon US capabilities, such as long-range precision missiles, and crucially, heavy-lift aircraft which are vital in shifting armoured forces around the continent rapidly. Nato also wants a clear plan, which new member Finland has emphasised as crucial, to prevent an abrupt and disjointed transition that Russia could exploit.

    A new vision must be set out by the end of June in order to deal sensibly with ongoing defence spending commitments, reworked governance structures, and possible planned responses to the war in Ukraine.

    Scrapping Nato is unnecessary and lays Europe – and the US, if the White House could but see far enough ahead – open to innumerable threats and consequences. Even without the US, Nato provides a valuable structure for security cooperation in Europe. Strengthening European capabilities within Nato, rather than creating an entirely new defence structure, makes sense.

    Amelia Hadfield 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. Nato faces a make-or-break decision about how to protect Europe and its future in next few weeks – https://theconversation.com/nato-faces-a-make-or-break-decision-about-how-to-protect-europe-and-its-future-in-next-few-weeks-256348

    MIL OSI – Global Reports –

    May 30, 2025
  • MIL-OSI Russia: IMF and Ukrainian Authorities Reach Staff Level Agreement on the Eighth Review of the Extended Fund Facility (EFF) Arrangement

    Source: IMF – News in Russian

    May 29, 2025

    End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. This mission will not result in a Board discussion.

    • International Monetary Fund (IMF) staff and the Ukrainian authorities have reached staff level agreement (SLA) on the Eighth Review of the 4-year, $15.5 billion Extended Fund Facility (EFF) Arrangement. Subject to approval by the IMF Executive Board, Ukraine would have access to about US$0.5 billion (SDR 0.37 billion), bringing total disbursements under the program to US$10.65 billion.
    • All end-March quantitative performance criteria (QPCs) and indicative targets (IT) have been met and understandings were reached on a set of policies and reforms to sustain macroeconomic stability. The structural reform agenda continues to make progress with two structural benchmarks met, another to be completed in the coming weeks, and strong commitments to advance other key reforms.
    • The outlook remains exceptionally uncertain as the war continues to take a heavy toll on the population, economy, and infrastructure. Despite the challenging environment, the program remains on track and fully financed on the back of large-scale external commitments.

    Kyiv, Ukraine: An International Monetary Fund (IMF) team led by Mr. Gavin Gray held discussions with the Ukrainian authorities in Kyiv, Ukraine during May 20-27 on the Eighth Review of the country’s 4-year Extended Fund Facility (EFF) Arrangement. Upon the conclusion of the discussions, Mr. Gray issued the following statement: 

    “IMF staff and the Ukrainian authorities have reached staff-level agreement on the Eighth Review of the EFF, subject to approval by the IMF Executive Board, with Board consideration expected in coming weeks. 

    “Ukraine’s four-year EFF Arrangement with the IMF continues to provide a strong anchor for the authorities’ economic program in times of exceptionally high uncertainty. All quantitative performance criteria and indicative targets for end-March have been met, and progress continues on the structural agenda due for this review.

    “The economy remains resilient despite the challenges arising from more than three years of war. As Russia’s war in Ukraine continues, real GDP growth is expected to remain modest, at 2-3 percent for 2025, reflecting headwinds from labor constraints and damage to energy infrastructure. Inflation has continued to rise, reaching 15.1 percent y/y in April mainly due to rising food and labor costs; inflation expectations remain anchored. The National Bank of Ukraine (NBU) has raised the policy rate by a cumulative 250 bps since December in response. Gross international reserves reached US$46.7 billion as of end-April, reflecting continued large external official support. Risks remain exceptionally high given uncertainty on the war and the prospects for peace and recovery.  

    “The 2025 fiscal deficit is large as the level of critical expenditures remains elevated as the war continues. Financing the deficit requires significant external support, notably from the G7’s ERA Initiative, whose full disbursement during the program period is critical to support macroeconomic stability and ensure the program remains financed. Risks of additional critical expenditure requirements in 2025 are high and thus the authorities need to prepare offsetting measures should expenditure shocks materialize. Beyond 2025, expenditures are expected to remain high for the foreseeable future. Consequently, it is imperative and unavoidable that the authorities sustain efforts to mobilize domestic revenues over the medium-term since external support alone will not be sufficient to finance the deficit, restore fiscal sustainability, support critical spending, and finance reconstruction.

    “Determined efforts are required to mobilize domestic revenues, tackle tax evasion and avoidance, and improve the investment climate. Broad-based, durable, and efficient revenue measures and robust implementation of Ukraine’s National Revenue Strategy (NRS) is essential. Tax policy reforms need to be coupled with improvements in tax administration and continued reforms to the state customs service (SCS) and state tax service (STS). Restoring debt sustainability hinges on this revenue-based fiscal adjustment and continued implementation of the authorities’ debt restructuring strategy, including a treatment of the GDP warrants. The upcoming 2026-2028 budget declaration is an important step to set out the strategic objectives of the authorities’ medium-term fiscal framework and policies. 

    “With rising inflation, the increases by the National Bank of Ukraine’s (NBU) to their key policy rate (KPR) have been appropriate. Additional action may be warranted if inflation accelerates further or inflation expectations deteriorate. The monetary stance should remain tight to help reduce inflation and bring it to the NBU’s target over its three-year policy horizon. The exchange rate should play a greater role as a shock absorber, as per the preconditions outlined in the relevant NBU Strategy; this will help prevent external imbalances and preserve adequate reserves, particularly given heightened risks to the outlook. The judicious and staged approach to FX liberalization should continue, consistent with overall monetary and FX policy mix to maintain adequate reserves, and measures should continue to be closely monitored.

    “Governance reforms remain essential to bolster the rule of law and increase the independence, competence, and credibility of anti-corruption and judicial institutions. Reforming the state customs service (SCS) is essential to tackle corruption and reduce tax evasion. Progress in this area requires finalizing a comprehensive reform plan—a requirement for the completion of the review—coupled with the swift appointment of a permanent head of the SCS. The recently published NABU external audit, a structural benchmark, provides an opportunity to implement additional reforms to strengthen the institution and increase public trust. Similarly, the government’s commitment to amend the criminal procedure code, also a structural benchmark, is a signal of their willingness to strengthen the anti-corruption system and meet international obligations. On SOE corporate governance, the selection of new CEOs for GTSO and Ukrenergo should proceed promptly based on a merit-based process.     

    “Effective public investment management (PIM) is critical for post-war recovery, reconstruction, and growth against a backdrop of limited fiscal space. To tackle these challenges, the government of Ukraine has made important progress in strengthening PIM frameworks, and we encourage the authorities to build on this success. A strategic, holistic, and transparent approach is essential to overcome absorption capacity constraints and allocate scarce resources efficiently. 

    “The financial sector remains stable, but continued vigilance is warranted given elevated risks. Swift action to address critical institutional challenges of the NSSMC is a priority to enhance its effectiveness, and fit and proper tests need to proceed without further delay. Developing financial markets infrastructure and associated reforms will be indispensable to attracting private sector and foreign capital to support reconstruction and recovery. Comprehensive consultation with financial market participants is essential to facilitate a prioritized reform agenda.  

    “The mission met with Prime Minister Shmyhal, Finance Minister Marchenko, National Bank of Ukraine Governor Pyshnyy, other government ministers, public officials, and civil society. The mission thanks them and their technical staff for the excellent collaboration and constructive discussions.” 

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Eva-Maria Graf

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

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2025/05/29/pr-25165-ukraine-imf-and-ukr-authorities-reach-agreement-on-8th-rev-of-eff-arrang

    MIL OSI

    MIL OSI Russia News –

    May 30, 2025
  • MIL-OSI: Best Car Loan Refinance for Bad Credit: Apply with Caribou’s Auto Loans

    Source: GlobeNewswire (MIL-OSI)

    Laurel, Mississippi, May 29, 2025 (GLOBE NEWSWIRE) —

    Key Takeaways

    • In this article, we’re talking about the best car loan refinance for bad credit options available today
    • Bad credit doesn’t mean you can’t refinance – many lenders specialize in helping borrowers with credit challenges
    • Refinancing with bad credit can lower your monthly payments and potentially save thousands over your loan term
    • Online marketplaces make comparing multiple bad credit refinancing offers easier than ever
    • Having a stable income and a history of on-time payments can improve your chances despite credit issues
    • Always read the fine print to avoid predatory lending practices when refinancing with bad credit
    • The right refinancing strategy can actually help rebuild your credit score over time

    Are your car payments too high and hard to afford each month? Even if your credit isn’t very good, you can still refinance your car loan. This means you get a new loan to replace your old one with better terms. Refinancing can help you save money and make your payments easier to handle.

    When you refinance, you might get a lower interest rate, pay less each month, or have more time to pay off the loan. This can help you have extra money for other things and make your budget less stressful. It’s a good idea to see if refinancing can help you manage your car loan better.

    APPLY ONLINE FOR THE BEST AUTO LOANS

    Here, we’ll walk through everything you need to know about best car loan refinance for bad credit – from understanding what lenders consider “bad credit” to comparing the best lenders willing to work with credit-challenged borrowers. We’ll also share practical tips to improve your chances of approval and help you avoid common pitfalls along the way.

    What Does “Bad Credit” Mean in Auto Loan Refinancing?

    When lenders talk about “bad credit,” they’re typically referring to FICO scores below 600. Here’s a quick breakdown of credit score ranges:

    • Excellent: 750+
    • Good: 700-749
    • Fair: 650-699
    • Poor: 600-649
    • Bad: Below 600

    With a score in the “bad” range, many traditional banks and credit unions might turn you away. When it comes to refinancing car loans, bad credit creates specific challenges:

    • Fewer lenders are willing to work with you
    • Higher interest rates than those offered to prime borrowers
    • Stricter requirements for income verification
    • Possible limitations on vehicle age and mileage
    • Potential need for a co-signer

    But don’t lose hope! Many lenders specialize in bad credit auto refinancing, understanding that credit scores don’t tell the whole story about a person’s ability to repay a loan.

    Benefits of Refinancing a Car Loan with Bad Credit

    Even with credit challenges, refinancing your car loan can offer several important benefits:

    • Lower Monthly Payments

    Refinancing often results in reduced monthly payments, either through a lower interest rate or by extending your loan term. This immediate relief can free up money for other essential expenses or debt payments.

    • Potential Interest Rate Reduction

    If your credit has improved even slightly since you took out your original loan, or if you originally financed through a dealership (which typically charges higher rates), you might qualify for a better rate now. Even a 1-2% reduction can save hundreds or thousands over the life of your loan.

    • Flexible Loan Terms

    Bad credit refinancing lenders often provide more flexible terms to fit your specific situation. You might choose to extend your term for lower monthly payments or keep a similar term but with a better rate.

    • Path to Credit Improvement

    Successfully refinancing your car loan and making consistent, on-time payments on the new loan can actually help improve your credit score over time, potentially opening doors to better financing options in the future.

    FIND AFFORDABLE CAR LOANS WITH BAD CREDIT

    Common Challenges When Refinancing With Bad Credit

    While refinancing with bad credit is possible, you should be prepared for certain challenges:

    • Higher Interest Rates

    Even the best car loan refinance for bad credit typically come with higher interest rates than those offered to borrowers with good credit. However, they may still be lower than what you’re currently paying.

    • Stricter Requirements

    Expect more thorough income verification and possibly higher income requirements. Lenders want to ensure you can afford the new loan payments despite past credit issues.

    • Equity Requirements

    Some lenders require that you have positive equity in your vehicle (meaning it’s worth more than you owe). If you’re upside-down on your loan, refinancing might be more difficult.

    • Vehicle Restrictions

    Many lenders have age and mileage restrictions. Older vehicles with high mileage may be harder to refinance, especially with bad credit.

    How to Find the best car loan refinance for bad credit

    Finding the right lender is crucial when refinancing with bad credit. Here’s how to locate the best options:

    Look for Lenders Who Use Alternative Credit Criteria

    Some forward-thinking lenders look beyond your credit score, considering factors like education, employment history, and income stability. These lenders understand that many responsible borrowers have experienced credit setbacks due to circumstances beyond their control.

    Use Online Marketplaces and Comparison Tools

    Online loan marketplaces allow you to submit a single application and receive multiple offers from different lenders. This makes comparison shopping much easier and increases your chances of finding a lender willing to work with your credit situation.

    Check for Lenders Offering Soft Credit Inquiries

    When shopping for rates, look for lenders who perform “soft pulls” on your credit rather than “hard inquiries.” This allows you to check potential rates without further damaging your credit score. Many online refinancing platforms now offer this feature.

    Prepare Your Finances to Improve Chances

    Before applying, take steps to strengthen your financial position:

    • Make sure you’re current on your existing car loan
    • Reduce other debt balances if possible
    • Gather proof of stable income and employment
    • Save for a possible down payment to reduce your loan-to-value ratio

    GET APPROVED FOR AUTO LOAN REFINANCE FAST

    Caribou Auto Loan: The Best Choice For Refinancing Car Loans

    Caribou is the best choice for refinancing car loans, especially for people with bad credit. They understand that many borrowers have faced financial struggles through no fault of their own, like job loss or medical bills, and deserve a second chance.

    Unlike many banks that only work with good credit, Caribou helps people with credit scores as low as 560. They work with many lenders who offer special programs for people with credit challenges. Their goal is to help everyday Americans lower their monthly car payments and get better loan terms.

    What makes Caribou stand out is their easy and quick online application process that only does a soft credit check, so your score won’t be hurt. Plus, every borrower gets a personal Loan Consultant who guides them through the process and offers advice on improving credit.

    Based in Colorado, Caribou has helped thousands of people save money on their car loans, with clients saving an average of $145 each month. Their personal approach and wide network of lenders make refinancing easier and more affordable for those with bad credit.

    Why Caribou As The Best Choice

    Caribou has earned its reputation as one of the best car loan refinance for bad credit providers due to:

    1. Flexible Credit Requirements: They work with borrowers with scores as low as 560, focusing on your overall financial picture rather than just your score.
    2. Impressive Savings: Their clients save an average of $145 per month on their auto payments – that’s real money back in your pocket.
    3. Extensive Lender Network: Caribou partners with numerous lenders, giving them access to loan terms that aren’t typically available directly to the public.
    4. Simple Three-Step Process: Their streamlined application takes just minutes and won’t impact your credit score during the initial phase.
    5. Skip Payment Option: Many Caribou refinance options include the ability to skip payments for up to 90 days, giving your budget immediate relief.
    6. Personal Loan Consultants: Their dedicated team works one-on-one with borrowers to find the best solution for their specific situation.
    7. Proven Track Record: Real-life success stories show dramatic savings, like Famatta who reduced her monthly payment by $371 by refinancing through Caribou.

    SEE IF YOU QUALIFY FOR A CAR LOAN

    Tips to Improve Your Chances of Refinancing Approval with Bad Credit

    Even with lenders like Caribou that specialize in bad credit car loan refinancing, taking these steps can significantly improve your chances of approval:

    1. Maintain Steady Employment and Income

    Lenders want to see stability in your income source. If possible, wait until you’ve been at your job for at least six months before applying for refinancing.

    2. Pay Off Other Debts or Reduce Balances

    Lowering your debt-to-income ratio makes you appear less risky to lenders. Try to pay down credit card balances and avoid taking on new debt before applying.

    3. Avoid New Credit Inquiries

    Multiple credit applications in a short time can further lower your score and make lenders nervous. Focus only on your refinancing goal and put other credit applications on hold.

    4. Gather Necessary Documents Upfront

    Being prepared speeds up the process and shows lenders you’re serious. Collect:

    • Proof of income (pay stubs, tax returns)
    • Proof of residence
    • Current auto insurance documentation
    • Information about your current loan and vehicle

    5. Consider a Co-signer

    If available, a co-signer with better credit can significantly improve your chances of approval and help you secure better terms.

    APPLY NOW FOR EASY CAR LOAN REFINANCE

    What to Watch Out For When Refinancing With Bad Credit

    When dealing with bad credit auto refinancing, stay alert for these potential issues:

    1. High Fees or Hidden Charges

    Some lenders targeting bad credit borrowers add excessive origination fees, prepayment penalties, or processing charges. Always ask for a full disclosure of all fees.

    2. Predatory Lending Practices

    Be wary of lenders who:

    • Pressure you to decide quickly
    • Guarantee approval without checking your information
    • Focus only on the monthly payment, not the total loan cost
    • Add unnecessary products or services

    3. Unfavorable Loan Terms

    Watch out for extremely long loan terms that might lower your payment but cost thousands more in interest. Also be cautious of loans with balloon payments (large payments due at the end of the loan).

    4. Importance of Reading the Fine Print

    Take time to thoroughly understand all terms before signing. If something seems confusing, ask questions or have someone you trust review the paperwork.

    START YOUR FAST AND SIMPLE LOAN APPLICATION

    Step-by-Step Process of Refinancing Your Car Loan with Bad Credit

    Ready to pursue refinancing your car loan? Here’s what to expect with Caribou:

    1. Quick Online Application

    Start by filling out Caribou’s simple online form with basic information about your vehicle and current loan. This takes just a minute or two and won’t impact your credit score.

    2. Review Your Options

    After submitting your information, you’ll receive personalized refinancing options based on your specific situation. An Caribou Loan Consultant will walk you through these options.

    3. Choose Your Best Option

    With help from your Loan Consultant, select the refinancing option that best meets your needs – whether that’s the lowest monthly payment, shortest term, or best overall savings.

    4. Document Submission

    Provide any requested documentation promptly. This typically includes:

    • Proof of identity and residence
    • Income verification
    • Current loan information
    • Vehicle details (VIN, mileage, condition)

    5. Loan Approval and Closing

    After approval, you’ll receive final loan documents to review and sign. Read everything carefully before signing.

    6. Enjoy Your Savings

    Once everything is finalized, your new lender will pay off your original loan. You’ll start making payments on your new, more affordable loan – and potentially enjoy up to 90 days before your first payment is due.

    Conclusion

    Having bad credit doesn’t mean you’re stuck with your current high-interest auto loan. With specialized lenders like Caribou, refinancing car loans for bad credit is not only possible but could significantly improve your monthly cash flow and overall financial health.

    Remember that the best refinancing option isn’t always the one with the lowest monthly payment. Consider the total cost of the loan, including interest paid over the full term. Sometimes a slightly higher payment with a shorter term saves thousands in the long run.

    With Caribou’s average monthly savings of $145, you could put that money toward other debts, build an emergency fund, or save for your future. Their extensive lender network and experience with credit-challenged borrowers makes them an excellent choice for those looking to refinance despite credit issues.

    Ready to explore your options? Start your journey to lower car payments today by checking your rate with Caribou – it only takes a minute and won’t impact your credit score.

    SECURE A BETTER CAR LOAN RATE TODAY

    Frequently Asked Questions (FAQs)

    Can you refinance a car loan with a different bank?

    Yes! In fact, refinancing with a different lender is the most common approach. Working with a company like Caribou gives you access to multiple lenders, increasing your chances of approval despite bad credit.

    What is the best car refinance company for bad credit?

    Caribou stands out as one of the best car loan refinance for bad credit options due to their minimum credit score requirement of just 560, extensive lender network, and proven track record of helping credit-challenged borrowers save money.

    How soon can you refinance a car loan after purchase?

    Most lenders prefer that you’ve had your current loan for at least 6-12 months before refinancing. However, companies like Caribou may be able to help sooner if your credit has improved or if you initially financed through a dealership at a high rate.

    How long do you have to wait to refinance a car loan?

    There’s no mandatory waiting period, but waiting 6-12 months gives you time to establish payment history on your current loan and potentially improve your credit score, leading to better refinancing terms.

    Where can I refinance my car loan?

    While you can refinance through banks, credit unions, and online lenders, working with a refinancing platform like Caribou gives you access to multiple lending options with a single application. This is especially valuable for those with bad credit.

    What disqualifies you from refinancing a car?

    Common reasons include very low credit scores (below 500), owing more on your car than it’s worth, an old vehicle with high mileage, low income or high debt, and loans in default. Caribou helps many with credit scores as low as 560 who might be rejected by other lenders.

    Can you refinance a car loan?

    Absolutely! Refinancing a car loan is a common financial strategy that can lower your interest rate, reduce monthly payments, or change your loan term. Even with bad credit, companies like Caribou specialize in helping borrowers refinance to more favorable terms, with many clients saving $145 per month on average.

    mail:contact@gocaribou.com

    Disclaimer

    This article is for informational purposes only and does not constitute financial advice. Individual results may vary based on your credit score, income, and other factors. We recommend consulting with financial professionals and comparing multiple lenders before making any refinancing decisions. Interest rates and loan terms are subject to change, and approval is not guaranteed.

    Attachment

    The MIL Network –

    May 30, 2025
  • MIL-OSI: Establishment of the Risk, Nomination and Remuneration Committees of Bigbank

    Source: GlobeNewswire (MIL-OSI)

    The Supervisory Board of Bigbank AS decided to establish three new committees: the Risk Committee, the Remuneration Committee and the Nomination committee.

    • The Risk Committee comprises three members of the Supervisory Board: Sven Raba, Vahur Voll and Jaan Liitmäe.
    • The Remuneration Committee consists of three members of the Supervisory Board: Alari Aho, Juhani Jaeger and Jaan Liitmäe.
    • The Nomination Committee is composed of three members of the Supervisory Board: Alari Aho, Juhani Jaeger and Sven Raba.

    Committee meetings are convened as necessary. The chairman of each committee is elected form among its members. Committee members are remunerated in accordance with the shareholders’ resolution dated 29.05.2025.

    In addition to the established committees, the Bank’s Audit Committee will continue its work.

    Bigbank AS (www.bigbank.eu), with over 30 years of operating history, is a commercial bank owned by Estonian capital. As of 30 April 2025, the bank’s total assets amounted to 2.9 billion euros, with equity of 274 million euros. Operating in nine countries, the bank serves more than 170,000 active customers and employs over 550 people. The credit rating agency Moody’s has assigned Bigbank a long-term bank deposit rating of Ba1, along with a baseline credit assessment (BCA) and an adjusted BCA of Ba2.

    Martin Länts
    Chairman of the Management Board
    E-mail: martin.lants@bigbank.ee
    www.bigbank.eu

    The MIL Network –

    May 30, 2025
  • MIL-OSI United Kingdom: Over 90% of SIA licence applicants satisfied with the process

    Source: United Kingdom – Executive Government & Departments

    Press release

    Over 90% of SIA licence applicants satisfied with the process

    91% of surveyed Security Industry Authority (SIA) licence applicants were satisfied with the application process.

    The SIA’s annual independent satisfaction survey saw satisfaction levels among individuals rise once again, increasing in 2024 by 6% from the already high level of 86% in 2023. Satisfaction among employers was also at an impressive 89%, having increased from 85% in 2023. These improvements demonstrate the positive progress made by the SIA since it revised its customer contact strategy in 2022. 

    The main drivers behind the high levels of satisfaction among individuals include the application process being simple and straightforward to manage, that licensing decisions are consistent, fair, and made within the expected time, and that applicants are given clear instructions on what they need to do next to progress their application. 

    The positive feedback is the result of continuous improvement across the SIA’s licensing processes and management of customer contact, including initiatives launched as part of the revised contact strategy to enhance the customer experience. These initiatives include the launch of a series of guidance videos to walk customers through the application process and address the main reasons for contact, which have since been streamed thousands of times.  

    Employers noted the low effort required on their part, and the clear information the SIA provides to support the application process, as the key factors contributing to their high level of satisfaction. This reflects the continued success of the SIA’s Business Support team which was redesigned in 2022 as part of the revised contact strategy. The redesign has allowed the team to build strong engagement with businesses, providing proactive and reactive support in managing licensing-related queries.

    Favourable opinion of the SIA among individuals increased in line with satisfaction levels, rising to 91% from 88% in 2023.

    Iestyn David, SIA Head of Licensing and Service Delivery, said: 

    It’s incredibly encouraging to see customer satisfaction increase once again, among both individuals and employers, from the already high levels of satisfaction in last year’s survey. 

    This demonstrates the success of our contact strategy initiatives and our ongoing work to improve the customer experience and the licensing journey.  I am proud of all the hard work the team has put in over the last year, particularly in the context of the record application volumes we’ve been managing, and it’s great to see this recognised in such positive feedback from our customers.

    The survey was conducted in January 2025 to measure the SIA’s performance in 2024. It involved 703 interviews with individuals who had recently applied for an SIA licence and 95 interviews with employers who had recently submitted applications on behalf of their employees. 

    Read a summary of the survey findings. 

    Background 

    The Security Industry Authority is the organisation responsible for regulating the private security industry in the United Kingdom, reporting to the Home Secretary under the terms of the Private Security Industry Act 2001.

    The SIA’s main duties are: the compulsory licensing of individuals undertaking designated activities; and managing the voluntary Approved Contractor Scheme.

    Media enquiries

    For media enquiries only, please contact:

    SIA press office

    Email media.enquiries@sia.gov.uk

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    Updates to this page

    Published 29 May 2025

    MIL OSI United Kingdom –

    May 30, 2025
  • MIL-OSI Asia-Pac: President Lai attends 2025 Europe Day Dinner

    Source: Republic of China Taiwan

    Details
    2025-05-28
    President Lai meets US delegation led by Senator Tammy Duckworth
    On the afternoon of May 28, President Lai Ching-te met with a delegation led by United States Senator Tammy Duckworth. In remarks, President Lai thanked the US Congress and government for their longstanding and bipartisan support for Taiwan. The president stated that Taiwan will continue to strengthen cooperation with the US and jointly safeguard regional peace and stability. He pointed out that the Taiwan government has already proposed a roadmap for deepening Taiwan-US trade ties and will encourage mutual investment between Taiwanese and US businesses. He then expressed hope of deepening Taiwan-US ties and creating more niches for both sides. A translation of President Lai’s remarks follows: I warmly welcome this delegation led by Senator Duckworth, a dear friend of Taiwan. Senator Duckworth previously visited in May last year to convey congratulations after the inauguration of myself and Vice President Bi-khim Hsiao. Your bipartisan delegation was the first group from the US Senate that I met with as president. Today, you are visiting just after the first anniversary of my taking office, demonstrating the staunch support of the US and our deep friendship. On behalf of the people of Taiwan, I extend my sincere appreciation and greetings. And I invite you to come back and visit next year, the year after that, and every year. Taiwan and the US share the values of democracy and the rule of law and believe in free and open markets. Both sides embrace a common goal of peace, stability, and prosperity in the Indo-Pacific region. I thank the US Congress and government for their longstanding, bipartisan, and steadfast support for Taiwan. In 2021, to help Taiwan overcome the challenges of the COVID-19 pandemic, Senator Duckworth made a special trip here to announce that the US government would be donating vaccines to Taiwan. In recent years, Senator Duckworth has also promoted the TAIWAN Security Act, STAND with Taiwan Act, and Taiwan and America Space Assistance Act in the US Congress, all of which have further deepened Taiwan-US cooperation and steadily advanced our ties. For this, I express my deepest appreciation. I want to emphasize that the people of Taiwan have an unyielding determination to protect their homeland and free and democratic way of life. Over the past year, the government and private sector have been working together to enhance Taiwan’s whole-of-society defense resilience. The government is committed to reforming national defense, and it has proposed prioritizing special budget allocations to ensure that our defense budget exceeds three percent of GDP. This will continue to bolster Taiwan’s self-defense capabilities. Moving forward, Taiwan will continue to strengthen cooperation with the US. In addition to jointly safeguarding regional peace and stability, we also aspire to deepen bilateral trade and economic ties. At the SelectUSA Investment Summit in Washington, DC, earlier this month, Taiwan’s delegation was once again the biggest delegation attending the event – proof positive of our close economic and trade cooperation. We have already proposed a roadmap for deepening Taiwan-US trade ties. We will narrow the trade imbalance through the procurement of energy and agricultural and other industrial products from the US. We will encourage mutual investment between Taiwanese and US businesses to stimulate industrial development on both sides, especially in such industries as national defense and shipbuilding. We therefore look forward to Congress passing the US-Taiwan Expedited Double-Tax Relief Act as soon as possible, as this would deepen Taiwan-US trade ties and create more niches for business. In closing, I once again thank Senator Duckworth for making the trip to Taiwan. Let us continue to work together to elevate Taiwan-US ties. I wish you a pleasant and successful visit. Senator Duckworth then delivered remarks, saying that she is happy to be back in Taiwan and that she wanted to make sure to come back just after President Lai’s one-year anniversary of taking office to show the dedication and the outstanding friendship that we have. She noted that because no matter who is in the White House, no matter which political party is in power in Washington, DC, she has always believed that if America wants to remain a leader on the global stage, it has to show up for friends like Taiwan.  Senator Duckworth mentioned that in the years that she has been coming to Taiwan since pre-COVID times, she has seen a remarkable increase in participation in its defense and the support of the Taiwanese people for defending the homeland. She then thanked Taiwan for making the commitment to its self-defense, and also for being a partner with other nations around the world.  The STAND with Taiwan Act, the senator noted, is so named because the US wants to stand side by side with Taiwan. Pointing out that Taiwan is an important leader in the Indo-Pacific and on the global stage, she reiterated that there is support on both sides of the aisle in Washington for Taiwanese democracy, and added that the people of Taiwan are showing that they are willing to shore up their own readiness. Senator Duckworth said that whether it is delivering vaccines to Taiwan or making sure that the US National Guard works with Taiwan’s reserve forces or even with its civilian emergency response teams, these are all important components to the ongoing partnership between our nations.  Senator Duckworth indicated that there are many great opportunities moving forward beyond our military cooperation with one another. Whether it is in chip manufacturing, agricultural investments, shipbuilding, or in the healthcare field, those investments in both nations will facilitate stability and development in both our nations. She said that is why she wants to continue the Taiwan-US relationship, underlining that they are in it for the long haul. The delegation was accompanied to the Presidential Office by American Institute in Taiwan Taipei Office Director Raymond Greene.

    President Lai meets delegation led by US House Natural Resources Committee Chair Bruce Westerman”>Details
    2025-05-27
    President Lai meets delegation led by US House Natural Resources Committee Chair Bruce Westerman
    On the afternoon of May 27, President Lai Ching-te met with a delegation led by Chair of the Natural Resources Committee of the United States House of Representatives Bruce Westerman. In remarks, President Lai stated that Taiwan and the US enjoy close industrial exchanges and continue to explore new opportunities for investment and collaboration. The president said that Taiwan will continue to increase purchases from and together build non-red supply chains with the US, expressing hope that economic and trade relations grow even closer and that both work together to jointly safeguard peace and stability throughout the region. A translation of President Lai’s remarks follows: I am delighted to meet and exchange views with members of the US House Committee on Natural Resources today. Chair Westerman, the leader of this delegation, is an old friend of Taiwan. On behalf of the people of Taiwan, I extend a very warm welcome to the delegation. I also want to thank you all for your long-term close attention to Taiwan-related affairs and your strong support for Taiwan. Taiwan and the US enjoy close ties and share ideals and values. There is an excellent foundation for cooperation between us, particularly in such areas as energy, the economy and trade, agriculture and fisheries, environmental protection, and sustainable development. In recent years, Taiwan-US ties have grown closer and closer. The US has become Taiwan’s largest destination for overseas investment, accounting for over 40 percent of Taiwan’s outbound investment. Taiwan is also the seventh largest trading partner of the US and its seventh largest export market for agricultural products. The SelectUSA Investment Summit held in Washington, DC earlier this month was the largest in its history. Taiwan’s delegation, representing 138 enterprises, was once again the biggest delegation attending the event. This shows that Taiwan and the US enjoy close industrial exchanges and continue to explore new opportunities for investment and collaboration. Looking ahead, with the global landscape changing rapidly, Taiwan will continue to increase purchases from the US, including energy resources such as natural gas and petroleum, as well as agricultural products, industrial products, and even military procurement. This will not only help balance our bilateral trade, but also strengthen development for Taiwan in energy autonomy, resilience, the economy, and trade. Taiwan and the US are also well-matched in such areas as high tech and manufacturing. As the US pursues reindustrialization and aims to become a global hub for AI, Taiwan is willing to take part and play an even more important role. We will strengthen Taiwan-US industrial cooperation and together build non-red supply chains. In addition to bringing our economic and trade relations even closer, this will also allow Taiwanese industries to remain rooted in Taiwan while expanding their global presence, helping bolster the US, and marketing worldwide. As for military exchanges, we are grateful to the US government for continuing its military sales to Taiwan and backing our efforts to upgrade our self-defense capabilities. Taiwan will continue to work with the US to jointly safeguard peace and stability throughout the region. In closing, I thank our guests once again for making the long journey here, not only offering warm friendship, but also demonstrating the staunch bipartisan support for Taiwan in the US Congress. Chair Westerman then delivered remarks, saying that it is an honor for him and his colleagues to be in Taiwan to talk about the strong relationship between the US and Taiwan and how that relationship can continue to grow in the future. The chair pointed out that natural resources are foundational to any kind of economic development, whether it is energy, which is key to manufacturing, or whether it is mining, which provides rare earth elements and all the minerals and metals needed for manufacturing. He said that as for natural resources including fish, wildlife, or timber, all are foundational to any society, but this is especially so for agriculture, noting that the US produces a lot of food and fodder and is always looking for more friends to share that with. Chair Westerman indicated that they are excited about opportunities to work with Taiwan, adding that Taiwan’s investments in the US have been greatly appreciated. He said they also are excited about the talks with the Trump administration and the future going forward on how we can have a stronger trade relationship, a stronger bilateral relationship, and how we can work with each other to help both economies grow and prosper. Chair Westerman concluded his remarks by expressing thanks for the opportunity to visit, saying that they treasure Taiwan’s friendship and our long-term relationship, and are very excited to be able to discuss in more detail how our two countries can work together. The delegation also included US House Natural Resources Committee Representatives Sarah Elfreth, Harriet Hageman, Celeste Maloy, and Nick Begich. The delegation was accompanied to the Presidential Office by American Institute in Taiwan Taipei Office Director Raymond Greene.  

    Details
    2025-05-27
    President Lai meets and hosts luncheon for delegation led by Governor Lourdes A. Leon Guerrero of Guam
    On the morning of May 27, President Lai Ching-te met with a delegation led by Governor Lourdes A. Leon Guerrero of Guam and her husband, and hosted a luncheon for the delegation at noon. In remarks, President Lai noted that this is the governor’s first trip to Taiwan, fully demonstrating the Guam government’s support and high regard for Taiwan. The president said that Guam, being the closest United States territory to Taiwan, is an important bridge for collaboration between Taiwan and the US. He stated that aside from promoting tourism, we can also explore even more opportunities for collaboration in other areas to further advance industrial development for both sides. He said that, as we begin a new chapter, we look forward to working together to generate even more momentum in bilateral cooperation and exchanges. A translation of President Lai’s remarks follows: On behalf of the people of Taiwan, I extend a warm welcome to Governor Leon Guerrero and her delegation. Last year, I transited through Guam en route for visits to Taiwan’s diplomatic allies in the Pacific. The enthusiastic reception I received from the government, legislature, people, and members of our overseas community in Guam was very touching and left me with a deep impression. During the morning tea reception hosted by Governor Leon Guerrero, we joined in singing our respective national anthems, as well as the Fanohge CHamoru. I also received at the Guam Legislature a copy of a Taiwan-friendly resolution it passed on behalf of the people of Taiwan. And I still remember to this day the striking scenery of the governor’s house and the warm reception I received there. It is therefore a great pleasure to meet with all of you today here at the Presidential Office. This is Governor Leon Guerrero’s first trip to Taiwan. Your visit fully demonstrates the Guam government’s support and high regard for Taiwan. As we begin a new chapter, we look forward to working with you to generate even more momentum in bilateral cooperation and exchanges. Taiwan and Guam are like family. We share the Austronesian spirit and culture. Our wide-ranging and mutually-beneficial collaboration is very fruitful. And now, we are facing the challenges of climate change, public health and medicine, and regional security together. The world is rapidly changing and tensions in the Indo-Pacific continue to rise. But if we combine our strengths, come together as one, and enhance cooperation, we can maintain regional peace, stability, and prosperity. Last Tuesday, I delivered an address on my first anniversary of taking office. I mentioned that for many years, Taiwan, the US, and our democratic partners have actively engaged in exchange and cooperation. Taking a market-oriented approach, we will promote an economic path of staying firmly rooted in Taiwan and expanding the global presence of our enterprises while strengthening ties with the US. Guam is the closest US territory to Taiwan. It is an important bridge for collaboration between Taiwan and the US. Last month, we were pleased to see United Airlines officially launch direct flights between Taipei and Guam. I believe this will benefit tourism and economic and trade exchanges for both sides. In the area of health care, many hospitals in Taiwan already offer referral services to patients from Guam. Both Governor Leon Guerrero and I have backgrounds in medicine. It is my hope that Taiwan and Guam can continue to work hand in hand to create even more positive outcomes from cooperation in public health and medical services. During the governor’s visit, aside from promoting tourism, we can also explore even more opportunities for collaboration in other areas. There is potential for more exchanges in aquaculture, food processing, hydroculture, manufacturing, pharmaceuticals, and recycling. This will further advance industrial development in Taiwan and Guam. In closing, I thank Governor Leon Guerrero and all our distinguished guests for backing Taiwan. I wish you all a smooth and successful visit.  Governor Leon Guerrero then delivered remarks, saying that she is very happy to come to Taiwan. She said that after learning during President Lai’s visit to Guam last year that he is a medical doctor, she felt more relaxed because healthcare colleagues are one in their endeavor to help enhance the health and well-being of people. She then expressed her heartfelt appreciation for the invitation to Taiwan.  Governor Leon Guerrero said that as they learn more about opportunities for collaboration with Taiwan, they are humbled by the hospitality they have experienced. In both of our islands, she said, hospitality is more than just a custom – it forms a part of our identities. She noted that despite being nearly 2,000 miles apart, we are connected by the Pacific Ocean and common roots, and our ancestors both value family, community, and tradition. That is why being here today, she said, she feels a strong sense of familiarity, like reconnecting with old friends. The governor remarked that Taiwan has evolved so quickly in all areas of essential life, sustenance, economy, and prosperity, adding that Taiwan’s resources in such areas as health, education, data, AI, advanced technology, aquaculture, agriculture, and commerce enhance our economic stability. She stated her belief that in collaboration and support, and working with each other, we can gain prosperity, maintain freedom and democracy, and live in peace.  Governor Leon Guerrero stated that their delegation is here to see how they can partner with Taiwan to help raise the quality of life for both our peoples, mentioning that one special concern of theirs is tourism. Tourism, she said, is the most influential engine and driver for the economy and quality of life in Guam, but they cannot have a vibrant economy and tourism without air connectivity. She added that they are prepared to help in any way to provide incentives and low-cost fees so that they can get more airlines from Taiwan to establish permanent flight schedules to Guam, so as to drive development in Guam’s tourism industry. Governor Leon Guerrero then proceeded to introduce each of the members of her delegation before remarking that while they have been very busy on this visit they are always reminded of the freedom and democracy that the people must protect. She said she looks forward to a great, strong relationship between Taiwan and Guam in cooperation on social and economic issues, in culture, marketing, tourism, and freedom and democracy. Among those in attendance were First Gentleman Jeffrey A. Cook, Chief of Staff Jon Junior Calvo, Director of the Department of Administration Edward Birn, General Manager of the Guam Visitors Bureau Regine Biscoe Lee, Deputy Executive Manager of the Guam International Airport Authority Artemio “Ricky” Hernandez, Board of Directors Chairman of the Guam International Airport Authority Brian J. Bamba, Deputy General Manager of the Guam Economic Development Authority Carlos Bordallo, Director of Landscape Management Systems Guam Bob Salas, Chairperson of the Guam Chamber of Commerce Tae Oh, President of the University of Guam Anita Borja Enriquez, and Director of the Guam Taiwan Office Felix Yen (嚴樹芬). After the meeting, President Lai, accompanied by Vice President Bi-khim Hsiao, hosted a luncheon for Governor Leon Guerrero, her husband, and the delegation.

    Details
    2025-05-27
    President Lai meets delegation from European Parliament
    On the morning of May 27, President Lai Ching-te met with a delegation from the European Parliament. In remarks, President Lai thanked the European Parliament for continuing to pay close attention to peace and stability across the Taiwan Strait and voice support for Taiwan. The president expressed hope for an even closer relationship and diversified cooperation between Taiwan and the European Union. The president said that Taiwan and the EU can work together in such areas as semiconductors, AI, and green energy to create more resilient supply chains for global democracies and contribute to global prosperity and development. A translation of President Lai’s remarks follows: I warmly welcome our guests to the Presidential Office. After being elected last year, MEPs Reinis Pozņaks and Beatrice Timgren are making their first visits to Taiwan, demonstrating support for Taiwan through concrete action. On behalf of the people of Taiwan, I extend my sincerest welcome and appreciation. I would also like to take this opportunity to thank the European Parliament for continuing to pay close attention to peace and stability across the Taiwan Strait. Just last month, the European Parliament adopted resolutions with regard to annual reports on the implementation of the European Union’s Common Foreign and Security Policy and Common Security and Defence Policy. These resolutions reaffirmed the EU’s steadfast commitment to maintaining the status quo across the Taiwan Strait. The European Parliament also condemned China for continuing to take provocative military actions against Taiwan and emphasized that Taiwan is a key democratic partner in the Indo-Pacific region. It called on the EU and its member states to continue working closely with Taiwan to strengthen economic, trade, and investment ties. Once again, I thank the European Parliament for voicing support for Taiwan. Just as MEPs Pozņaks and Timgren are visiting Taiwan to strengthen Taiwan-EU exchanges, our Minister of Economic Affairs Kuo Jyh-huei (郭智輝) also led a delegation to Europe last year, marking the first in-person dialogue between high-ranking economic and trade officials of Taiwan and the EU. Moving ahead, we look forward to bringing Taiwan-EU ties even closer and to diversifying our cooperation. The EU is Taiwan’s largest source of foreign investment. Both sides are highly complementary in such areas as semiconductors, AI, and green energy. Through our joint efforts, we can create more resilient supply chains for global democracies and further contribute to global prosperity and development. Looking ahead, I hope that MEPs Pozņaks and Timgren will continue to make the case in the European Parliament for the signing of a Taiwan-EU economic partnership agreement. This would not only yield mutually beneficial development, but also consolidate economic security and boost international competitiveness for both sides. In closing, I am sure that you will gain a deeper understanding of Taiwan through this visit. Please feel welcome to come back as often as possible as we continue to elevate Taiwan-EU ties.  MEP Pozņaks then delivered remarks, saying that it is a great honor to be here and thanking everybody involved in arranging this trip that allows them the opportunity to better know Taiwan. He added that it is definitely not the last time they will be here, as Taiwan is a very beautiful country. MEP Pozņaks mentioned that he comes from Latvia, and despite their being on the other side of the world, they know how the Taiwanese people feel, because they also have a big neighbor who is claiming that Latvia belongs to them. Unfortunately, he said, there is already war in Europe, but he is confident that their situation is similar to Taiwan’s, adding that they have a neighbor who uses disinformation attacks. MEP Pozņaks said that we live in very challenging times, and that our choices will define the future of the world, asking whether it will be a world where the rule of law prevails or where physical power and aggression succeeds. Coming from a small country, he said he clearly understands that for them there is no other possibility; they must protect the world where the rule of law prevails. That is why now, he emphasized, it is very crucial for all democracies around the world to stick together to protect our freedoms, values, and democracy. MEP Timgren then delivered remarks, thanking President Lai for meeting with them and saying it is a big honor. Noting that they arrived here two days ago and that while she really loves Taiwan, its food, and the good weather, she stated that the reason they are here is because of the values that we share, our good relationships, and solidarity with other democratic countries in the world, which is important for them in Europe and in Sweden. MEP Timgren, referring to MEP Pozņaks’s earlier remarks, said that they face a big threat from Russia that is discernible even in the European Parliament. Actually, she pointed out, there is a war inside Europe that shows us how important it is that we support one another. She said that the Russian people thought it would be easy to take over Ukraine, but it was not, because all European countries stepped up and provided weapons and support. And that is why, MEP Timgren said, it is important that democratic countries maintain good relationships and let China and Russia see that we have good relationships, because a part of defense is solidarity. In closing, she expressed her gratitude for having the honor to be here in this beautiful country.

    Details
    2025-05-20
    President Lai hosts state banquet for President Surangel Whipps Jr. of Republic of Palau
    On the evening of May 20, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, hosted a state banquet at the Presidential Office in honor of President Surangel Whipps Jr. of the Republic of Palau and his wife. In remarks, President Lai said that he looks forward to working closely with President Whipps to promote tourism exchanges and sports cooperation so that Taiwan and Palau shine brightly together on the international stage. A translation of President Lai’s remarks follows: It is a pleasure to host this banquet tonight at the Presidential Office for President Whipps, First Lady Valerie Whipps, and the esteemed members of their delegation. Welcome to Taiwan. During my trips to Palau in 2022 and last year, President and First Lady Whipps received me with great hospitality. Wearing my island shirt, I enjoyed a very friendly reception from the people of Palau. It felt warm and friendly, just like being welcomed back home. The first time I visited Palau, President Whipps and I piloted a boat to the Milky Way lagoon. We both tried volcanic mud facial masks. We also fished together and enjoyed the breeze as we walked on the beach. Last year, on my second visit to Palau, I was honored to be invited to address the National Congress. I also observed the results of the close bilateral cooperation between our two nations. Due to its world-famous ocean scenery, Palau is sometimes referred to as “God’s aquarium.” And it is even possible to snorkel with sharks. It leaves a deep impression. Nothing compares to seeing Palau firsthand. During the COVID-19 pandemic, Taiwan and Palau launched a travel bubble that created a safe means of travel. Now, with the pandemic behind us, I hope that even more Taiwanese can tour Palau and gain a greater understanding of our diplomatic ally. In addition to tourism exchanges, I mentioned on my visit to Palau last year that I hoped Taiwan and Palau could promote sports cooperation by providing training away from home. Next month, Palau will be holding the Pacific Mini Games. And right now, Palau’s national baseball and table tennis teams are holding training sessions here in Taiwan. We will do our utmost to support Palau’s national players and we hope they stand out and achieve outstanding results in the events. I look forward to working closely with President Whipps so that Taiwan and Palau shine brightly together on the international stage. Thank you! Mesulang! President Whipps then delivered remarks, saying that it is truly an honor to be here once again one year after President Lai’s inauguration. Mentioning that this is his first state visit after being reelected to a second term, he said that it is important to be here among friends, and that we are more than friends, we are family. He thanked President Lai for the generous words and, most importantly, Taiwan’s enduring support. He remarked that our relationship continues to get stronger in each passing year. President Whipps said that President Lai’s diplomacy initiative, leadership, and vision deeply resonate with them. Diplomacy must be rooted in our shared values, he said, and an unwavering support for our allies and a commitment to a sustainable, inclusive development are all deeply appreciated by their people. President Whipps emphasized that, as we look into the future and the challenges that we face, from security to climate change, it is so important that we are united. He added that it is important for the world, and especially important for them in Palau, that they stand up for Taiwan, so that Taiwan can participate on international fora that address climate change, security, and health, because they know the world is better when Taiwan has a seat at the table. Mentioning that Palau will host the Pacific Islands Forum next year, President Whipps said that Palau remains committed to working closely with Taiwan to ensure a successful event, and that they will continue to speak up for Taiwan’s indispensable contributions as we stand together against any efforts to silence or isolate democratic partners. President Whipps said that our nations have navigated challenges and emerged stronger, bound by a partnership that is built on trust, respect, and hope for a better world. Whether it is in clean energy, education, smart medicine, or tourism, our shared journey is just beginning, he said, and we are stronger together.  Also in attendance at the banquet were Palauan Minister of State Gustav Aitaro, Minister of Public Infrastructure and Industries Charles Obichang, Minister of Human Resources, Culture, Tourism and Development Ngiraibelas Tmetuchl, Senate Floor Leader Kerai Mariur, House of Delegates Floor Leader Warren Umetaro, High Chief of Ngiwal State Elliot Udui, Governor of Peleliu State Emais Roberts, and Governor of Koror State Eyos Rudimch.

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News –

    May 30, 2025
  • MIL-OSI: Micropolis to Participate in Maxim Group’s 2025 Virtual Tech Conference on June 3-5, 2025

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, May 29, 2025 (GLOBE NEWSWIRE) — Micropolis Holding Co. (“Micropolis” or the “Company”) (NYSE: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, today announced it will participate in a fireside chat at Maxim Group’s 2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow, to be held from June 3-5, 2025.

    Virtual Conference Fireside Chat
    Date & Time: Tuesday, June 3, 2025, 9:30 a.m. ET
    Speakers: Fareed Aljawhari, Founder & CEO and Dzmitry Kastahorau, CFO
    Registration Link: https://m-vest.com/events/tmt-06032025

    For more information or to schedule a meeting with Micropolis, please contact your Maxim representative or KCSA Strategic Communications at Micropolis@kcsa.com.

    About Micropolis Holding Co.
    Micropolis is a UAE-based company specializing in the design, development, and manufacturing of unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for urban, security, and industrial applications. The Company’s vertically integrated capabilities cover everything from mechatronics and embedded systems to AI software and high-level autonomy.

    For more information please visit www.micropolis.ai.

    Investor Contact:
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    PH: (212) 896-1254
    Valter@KCSA.com

    Media Contact:
    Jessica Starman
    media@elev8newmedia.com

    The MIL Network –

    May 30, 2025
  • MIL-OSI: Alleged Securities Fraud at MediPharm Labs Says Apollo Capital

    Source: GlobeNewswire (MIL-OSI)

    Multiple Highly Credible Sources Reveal Disturbing Evidence of Alleged Systemic Violations of Securities Laws at MediPharm Labs; Immediate Regulatory Action Demanded

    Apollo Capital’s Six Director Nominees Are Committed to Restoring Transparency and Value to MediPharm’s Shareholders

    URGES SHAREHOLDERS TO VOTE THE GOLD PROXY CARD “FOR” APOLLO CAPITAL’S SIX DIRECTOR NOMINEES AND DISREGARD MEDIPHARM LABS’ GREEN PROXY CARD

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Apollo Technology Capital Corporation (“Apollo Capital”), which together with its affiliates and associates collectively is one of the largest shareholders of MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) (“MediPharm”, “MediPharm Labs”, or the “Company”), owning approximately 3% of the Company’s common stock, today issued an urgent warning to shareholders, regulators, and the investing public concerning serious allegations of alleged extensive securities act disclosure violations committed by MediPharm Labs’ Board of Directors (the “Board”) and management team.

    Apollo Capital has received alarming reports from multiple highly credible and independent sources revealing that MediPharm Labs allegedly engaged in deliberate, systematic financial misfeasance and deceptive accounting practices aimed at grossly misleading investors and artificially inflating the Company’s reported revenues and stock valuation. Such allegations represent blatant violations of securities laws, fiduciary obligations, and ethical business conduct, potentially exposing MediPharm and its Board to serious legal and financial consequences.

    Given the grave seriousness and substantial credibility of these allegations, Apollo Capital urgently demands an immediate, robust investigation by regulatory authorities including the Ontario Securities Commission (OSC), the Toronto Stock Exchange (TSX), and the U.S. Securities and Exchange Commission (SEC). Apollo Capital further insists that MediPharm’s Board of Directors immediately cooperate fully with all regulatory investigations, transparently disclose all related information, and suspend any management or Board members implicated in these serious allegations pending investigation outcomes.

    Apollo Capital has received credible information regarding these allegations directly from a current MediPharm Labs Board member, specifically implicating MediPharm’s Chairman, Chris Taves, Managing Director and Head of Capital Markets for Asia at BMO and a CPA, in orchestrating schemes to intentionally overstate Company revenues. It is curious that starting recently, Chris Taves serves as both the Board Chair and the Audit Committee Chair. Sources allege that MediPharm engaged partners in deceptive practices to artificially boost revenue reporting, misleading investors into perceiving growth where none truly existed.

    Apollo Capital demands to know if this is the reason that Michael Bumby just stepped down as Audit Committee Chair and has not stood for re-election to the MediPharm Board.

    “These allegations paint a profoundly troubling picture of calculated corporate conduct to overstate revenues and in turn mislead shareholders,” stated Apollo Capital. “Immediate transparency, accountability, and significant leadership changes are essential to restore credibility at MediPharm. The current Board and management owe shareholders an obligation to take immediate and decisive action to prevent further damage.”

    Apollo Capital directly challenges each MediPharm Board member—Shelley Potts, Michael Bumby, Chris Halyk, Chris Taves, Keith Strachan, and David Pidduck—to publicly address these allegations openly and transparently. Apollo Capital reiterates its repeated calls for full disclosure, particularly emphasized in its press release asking about these misfeasance allegations before MediPharm’s Q1 earnings call and its follow-up press release highlighting the Company’s disastrous financial performance and refusal to answer shareholder questions. Any Board member failing to acknowledge and publicly address these allegations will be perceived as complicit in the alleged misfeasance.

    In its news release prior to the Q1 earnings call, the first question that Apollo Capital urged MediPharm shareholders to ask the management team was:

    “These numbers aren’t even audited and MediPharm has been accused of misleading accounting practices in the past, including relating to revenue. Why should anyone believe anything that you say? Are you currently recognizing revenue the same way that you were two years ago? Please answer this question clearly without wordplay, subterfuge or material misrepresentations.”

    For the integrity of the capital markets, Apollo Capital demands that each board member of MediPharm Labs – Shelley Potts, Michael Bumby, Chris Halyk, Chris Taves, Keith Strachan, and David Pidduck – answer the question above.

    As a significant shareholder, Apollo Capital insists on a thorough audit to clarify how much of MediPharm’s claimed ‘profitability’, ‘revenue’, and ‘growth’ have been engineered though improper accounting.

    Apollo Capital remains committed to aggressively pursuing accountability, transparency, and the protection of shareholder interests, and will vigilantly monitor ongoing developments.

    MediPharm Labs Shareholders can visit www.CureMediPharm.com, to sign up for important campaign updates.

    VOTE THE GOLD PROXY CARD “FOR” APOLLO CAPITAL’S SIX DIRECTOR NOMINEES AND DISREGARD MEDIPHARM LABS’ GREEN PROXY CARD

    To access Apollo Capital’s Circular and related proxy materials, including a proxy or voting instruction form, visit SEDAR+ at www.sedarplus.ca.

    Contacts
    For Shareholders:
    Carson Proxy
    North American Toll-Free Phone: 1-800-530-5189
    Local or Text Message: 416-751-2066 (collect calls accepted)
    E: info@carsonproxy.com

    For Media:
    CureMediPharm@gasthalter.com

    Legal Disclosures
    Information in Support of Public Broadcast Exemption under Canadian Law

    In connection with the Annual Meeting, Apollo Capital has filed an amended and restated dissident information circular (the “Circular”) in compliance with applicable corporate and securities laws. Apollo Capital has provided in, or incorporated by reference into, this press release the disclosure required under section 9.2(4) of NI 51-102 – Continuous Disclosure Obligations (“NI 51-102”) and the corresponding exemption under the Business Corporations Act (Ontario), and has filed the Circular, available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The Circular contains disclosure prescribed by applicable corporate law and disclosure required under section 9.2(6) of NI 51-102 in respect of Apollo Capital’s director nominees, in accordance with corporate and securities laws applicable to public broadcast solicitations. The Circular is hereby incorporated by reference into this press release and is available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The registered office of the Company is 151 John Street, Barrie, Ontario, Canada L4N 2L1.

    SHAREHOLDERS OF MEDIPHARM ARE URGED TO READ THE CIRCULAR CAREFULLY BECAUSE IT CONTAINS IMPORTANT INFORMATION. Investors and shareholders are able to obtain free copies of the Circular and any amendments or supplements thereto and further proxy circulars at no charge under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. In addition, shareholders are also able to obtain free copies of the Circular and other relevant documents by contacting Apollo Capital’s proxy solicitor, Carson Proxy Advisors Ltd. (“Carson Proxy”) at 1-800-530-5189, local (collect outside North America): 416-751-2066 or by email at info@carsonproxy.com.

    Proxies may be revoked in accordance with subsection 110(4) of the Business Corporations Act (Ontario) by a registered shareholder of Company shares: (a) by completing and signing a valid proxy bearing a later date and returning it in accordance with the instructions contained in the accompanying form of proxy; (b) by depositing an instrument in writing executed by the shareholder or by the shareholder’s attorney authorized in writing; (c) by transmitting by telephonic or electronic means a revocation that is signed by electronic signature in accordance with applicable law, as the case may be: (i) at the registered office of the Company at any time up to and including the last business day preceding the day the Annual Meeting or any adjournment or postponement of the Annual Meeting is to be held, or (ii) with the chair of the Annual Meeting on the day of the Annual Meeting or any adjournment or postponement of the Annual Meeting; or (d) in any other manner permitted by law. In addition, proxies may be revoked by a non-registered holder of Company shares at any time by written notice to the intermediary in accordance with the instructions given to the non-registered holder by its intermediary. It should be noted that revocation of proxies or voting instructions by a non-registered holder can take several days or even longer to complete and, accordingly, any such revocation should be completed well in advance of the deadline prescribed in the form of proxy or voting instruction form to ensure it is given effect in respect of the Annual Meeting.

    The costs incurred in the preparation and mailing of any circular or proxy solicitation by Apollo Capital and any other participants named herein will be borne directly and indirectly by Apollo Capital. However, to the extent permitted under applicable law, Apollo Capital intends to seek reimbursement from the Company of all expenses incurred in connection with the solicitation of proxies for the election of its director nominees at the Annual Meeting.

    This press release and any solicitation made by Apollo Capital is, or will be, as applicable, made by such parties, and not by or on behalf of the management of the Company. Proxies may be solicited by proxy circular, mail, telephone, email or other electronic means, as well as by newspaper or other media advertising and in person by managers, directors, officers and employees of Apollo Capital who will not be specifically remunerated therefor. In addition, Apollo Capital may solicit proxies by way of public broadcast, including press release, speech or publication and any other manner permitted under applicable Canadian laws, and may engage the services of one or more agents and authorize other persons to assist it in soliciting proxies on their behalf.

    Apollo Capital has entered into an agreement with Carson Proxy Advisors (“Carson Proxy”) for solicitation and advisory services in connection with the solicitation of proxies for the Meeting, for which Carson Proxy will receive a fee not to exceed $250,000, together with reimbursement for reasonable and out-of-pocket expenses. Apollo Capital has also engaged Gasthalter & Co. LP (“G&Co”) to act as communications consultant to provide Apollo Capital with certain communications, public relations and related services, for which G&Co will receive a minimum fee of US$75,000 in addition to a performance fee of US$250,000 in the event that Apollo Capital’s nominees make up a majority of the Board following the Annual Meeting, plus excess fees, related costs and expenses.

    No member of Apollo Capital nor any of their associates or affiliates has or has had any material interest, direct or indirect, in any transaction since the beginning of the Company’s last completed financial year or in any proposed transaction that has materially affected or will or would materially affect the Company or any of the Company’s affiliates. No member of Apollo Capital nor any of their associates or affiliates has any material interest, direct or indirect, by way of beneficial ownership of securities or otherwise, in any matter to be acted upon at the Annual Meeting, other than setting the number of directors, the election of directors, the appointment of auditors and the approval of the ordinary resolution approving, among other things, the Company’s amended and restated equity incentive plan dated May 8, 2025 and the unallocated awards available thereunder.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward‐looking statements. All statements contained in this filing that are not clearly historical in nature or that necessarily depend on future events are forward‐looking, and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward‐looking statements. These statements are based on current expectations of Apollo Capital and currently available information. They are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove to be accurate. All forward-looking statements contained herein are made only as of the date hereof and Apollo Capital disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which Apollo Capital hereafter becomes aware, except as required by applicable law.

    Hashtags: #ShareholderActivism #CorporateGovernance #InvestorProtection #Investor Alert #Investor Fraud #FinancialRegulation #CorporateCrime #FinancialCrime #HomelandSecurity #DHS #OpioidCrisis #OpioidEpidemic #OpioidLitigation #OpioidVictims #BMO #DEA #ONDCP

    The MIL Network –

    May 30, 2025
  • MIL-OSI: Tenable Announces Intent to Acquire Apex Security to Expand Exposure Management Across the AI Attack Surface

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., May 29, 2025 (GLOBE NEWSWIRE) — Tenable® Holdings, Inc., the exposure management company, today announced its intent to acquire Apex Security, Inc., an innovator in securing the rapidly expanding AI attack surface. Tenable believes the acquisition, once completed, will strengthen Tenable’s ability to help organizations identify and reduce cyber risk in a world increasingly shaped by artificial intelligence.

    Generative AI tools and autonomous systems are rapidly expanding the attack surface and introducing new risks — from shadow AI apps and AI-generated code to synthetic identities and ungoverned cloud services. In 2024, Tenable launched Tenable AI Aware which already helps thousands of organizations detect and assess AI usage across their environments. Adding Apex capabilities will expand on that foundation — adding the ability to govern usage, enforce policy, and control exposure across both the AI that organizations use and the AI they build. This move reinforces Tenable’s long-standing strategy of delivering scalable, unified exposure management as AI adoption accelerates.

    “AI dramatically expands the attack surface, introducing dynamic, fast-moving risks most organizations aren’t prepared for,” said Steve Vintz, Co-CEO and CFO, Tenable. “Tenable’s strategy has always been to stay ahead of attack surface expansion — not just managing exposures, but eliminating them before they can be exploited.”

    “As organizations move quickly to adopt AI, many recognize that now is the moment to get ahead of the risk — before large-scale attacks materialize,” said Mark Thurmond, Co-CEO, Tenable. “Apex delivers the visibility, context, and control security teams need to reduce AI-generated exposure proactively. It will be a powerful addition to the Tenable One platform and a perfect fit for our preemptive approach to cybersecurity.”

    Founded in 2023, Apex attracted early interest from CISOs and top investors, including Sam Altman (OpenAI), Clem Delangue (Hugging Face), and venture capital firms Sequoia Capital and Index Ventures. The company quickly emerged as an innovator in securing the use of AI by developers and everyday employees alike — addressing the growing need to manage usage, enforce policy, and ensure compliance at scale.

    “The AI attack surface is deeply intertwined with everything else organizations are already securing. Treating it as part of exposure management is the most strategic approach. We’re excited to join forces with Tenable to help customers manage AI risk in context — not as a silo, but as part of their broader environment,” said Matan Derman, CEO and Co-Founder of Apex Security.

    Following the acquisition close, Tenable expects to deliver integrated capabilities in the second half of 2025 as part of Tenable One — the industry’s first and most comprehensive exposure management platform. The financial terms of the deal were not disclosed. The deal is expected to close later this quarter.

    About Tenable

    Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for approximately 44,000 customers around the globe. Learn more at tenable.com.

    Forward-Looking Statements
    This press release contains forward-looking information related to Tenable, and its acquisition of Apex Security that involves substantial risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. You can generally identify forward-looking statements by the use of forward-looking terminology such as the words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “explore,” “evaluate,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” or “will,” or the negative thereof or other variations thereon or comparable terminology. The forward-looking statements in this press release are based on Tenable’s current plans, objectives, estimates, expectations and intentions and inherently involve significant risks and uncertainties, many of which are beyond Tenable’s control. Forward-looking statements in this communication include, among other things, statements about the potential benefits of the acquisition and product developments and other possible or assumed business strategies, potential growth opportunities, new products, the intended timing of integration of Apex Security’s offerings into Tenable One, and potential market opportunities. Risks and uncertainties include, among other things, our ability to successfully integrate Apex Security’s operations; our ability to implement our plans, forecasts and other expectations with respect to Apex Security’s business; our ability to realize the anticipated benefits of the acquisition, including the possibility that the expected benefits from the acquisition will not be realized or will not be realized within the expected time period; disruption from the acquisition making it more difficult to maintain business and operational relationships; the inability to retain key employees; the negative effects of the consummation of the acquisition on the market price of our common stock or on our operating results; unknown liabilities; attracting new customers and maintaining and expanding our existing customer base; our ability to scale and update our platform to respond to customers’ needs and rapid technological change, increased competition on our market and our ability to compete effectively, and expansion of our operations and increased adoption of our platform internationally.

    Additional risks and uncertainties that could affect our financial results are included in the section titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2024, our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and other filings that we make from time to time with the Securities and Exchange Commission (SEC) which are available on the SEC’s website at www.sec.gov. In addition, any forward-looking statements contained in this communication are based on assumptions that we believe to be reasonable as of this date. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.

    Contact Information:
    Investor Relations
    investors@tenable.com

    Media Relations
    Tenable
    tenablepr@tenable.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5d5a6a88-0f94-4544-bc75-f65ca530d369

    The MIL Network –

    May 30, 2025
  • MIL-OSI: Crowd Street Unveils New Brand Building Initiative to Lead the New Frontier of Self-Directed Private Market Investing

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) — Crowd Street, the direct-access private market investment platform dedicated to helping members reach their financial ambitions, today unveiled a new brand building initiative to empower the next generation of private market investors who prefer to invest independently through more self-directed opportunities. The new brand’s feature asset is a manifesto film that conveys the company’s new vision.

    Private market investing has traditionally been reserved for institutions and elite wealth managers that primarily serve extremely high net-worth individuals. Crowd Street is changing that dynamic by providing private market opportunities directly to the millions of accredited investors, many of whom are looking for investments through new avenues and prefer to use a self-directed platform to manage their investments. Only about three percent of individual investors’ assets are allocated to private market opportunities today, but industry research projects that will rapidly expand, and become a market opportunity in the trillions of dollars by 2028.

    Crowd Street is uniquely positioned to lead the category. As of April 2025, with more than $4.4B invested through its platform solely in commercial real estate, Crowd Street is poised to scale by working with top asset management firms to introduce new fund options across additional asset classes, including private equity and private credit, later this year.

    “Our new brand identity is a realization of our vision to help more people gain access to self-directed private market investing,” said Crowd Street CEO John Imbriglia. “We are not just building a marketplace — we are creating an ecosystem where accredited investors can independently explore, evaluate, and invest in private market opportunities with confidence.”

    Crowd Street’s New Brand Vision
    Crowd Street is empowering an emerging investor class that wants the same access to private market investments as the institutions but without the need to work with a wealth manager. The company is working with asset managers to offer new private market funds for accredited investors through a direct and seamless experience.

    “Our sophisticated members expect a higher standard,” said Crowd Street CMO Rodes Ponzer. “The reality is that it’s not for everyone. Our members are accredited investors — individuals who have the funds to diversify their investments and the patience to invest responsibly in the private markets. What is compelling about what we do is that we are extending the invitation to join in on the action. We provide the opportunity to gain the same access that until now has historically been reserved for the institutions and the ultra well–connected.”

    Crowd Street’s New Brand Identity
    The company is making a strategic transition from a single-word brand to a two-word naming convention — Crowd Street. The new two-word brand conveys a timeless utility, evolving from its previous name, which emerged during an era of heightened interest in crowdfunding.

    Crowd Street — two words — represents a physical destination. Crowd Street is both literal and figurative, part location, part navigation, virtual and actual, where investors are free to explore the possibilities and pursue their financial ambitions. 

    To reframe the entire category and position the brand in the same league as Wall Street, this new brand reflects Crowd Street as one of the two major ways to invest: In public markets, which is done on Wall Street, and in private markets on Crowd Street. 

    The company tagline “Welcome to Crowd Street” and the longer slogan “Welcome to your home for direct access to private market investing” underscore the company’s evolution towards a kinder and wiser brand experience for its members. It conveys a tone of warmth, inclusion, and hospitality, with a more personal and approachable feel. Plus, it creates a positive tone and sets the stage for the additional services to come in the future.

    The company also unveiled its new logo: a symbolic gateway to a realm of new investment opportunities. It represents a crossroads where opportunities intersect, choices are made and new directions are taken. Both literal and figurative, the logo is part location and part navigation. Crowd Street serves as a destination where investors are free to explore the possibilities and pursue their financial goals.

    The new brand identity and related creative assets were developed as part of a “super-agency” collaboration that includes several former holding company executives: Independent Executive Creative Director Peter Moore Smith; Dear Future founder Matt Kandela teamed up with Blake Enting and Derek Lockwood from misterwolf; and Amber Hahn, Chief Strategy Officer at Now What.

    About Crowd Street 

    Crowd Street empowers its members to reach their financial ambitions through self-directed private market investments. The platform offers a carefully selected marketplace of alternative investment opportunities that have historically only been available to a small group of people. In addition to providing advanced tools, research, and insights to help investors confidently explore these exclusive opportunities, Crowd Street is also building a member experience rooted in trust and experience – further bridging the gap between investment opportunities and true financial wealth. Learn more at https://www.CrowdStreet.com/.

    Media Contact
    LaunchSquad
    CrowdStreet@launchsquad.com

    CrowdStreet, Inc. (“Crowd Street”) offers investment opportunities and financial services on its website. Broker dealer services provided in connection with an investment are offered through CrowdStreet Capital LLC (“Crowd Street Capital”), a registered broker dealer, Member FINRA/SIPC. Advisory services are offered through CrowdStreet Advisors, LLC (“Crowd Street Advisors”), a wholly-owned subsidiary of Crowd Street and a federally registered investment adviser. Investment opportunities available through Crowd Street are speculative and involve substantial risk. You should not invest unless you can sustain the risk of loss of capital, including the risk of total loss of capital. All investors should consider their individual factors in consultation with a professional advisor of their choosing when deciding if an investment is appropriate.

    The MIL Network –

    May 30, 2025
  • MIL-OSI: Flexera bolsters FinOps offering with Spot Eco and Ocean, and signs GreenOps partnership with Greenpixie

    Source: GlobeNewswire (MIL-OSI)

    ITASCA, Ill., May 29, 2025 (GLOBE NEWSWIRE) — Flexera, the global leader in technology spend and risk management, today announced significant integration milestones within Flexera One platform and Spot Eco, its cloud commitment management solution and Spot Ocean, its Kubernetes infrastructure optimization solution. Further bolstering its FinOps capabilities, the company is also announcing an OEM partnership with Greenpixie, a cloud sustainability data company, that will integrate Greenpixie cloud sustainability data (or GreenOps) into Flexera One’s Cloud Cost Optimization solution.

    “These additions to Flexera One FinOps will boost the business impact of FinOps teams, especially with managing commitments, optimizing containerized workloads, and cloud sustainability initiatives,” said Jay Litkey, Senior Vice President, Cloud and FinOps at Flexera. “The data from Eco and Ocean provides FinOps teams with actionable insights to maximize savings and reduce waste, beyond just visibility and recommendations. Greenpixie’s data will provide essential cloud sustainability data to FinOps teams needing to prioritize or report on GreenOps progress.”

    Flexera One begins offering Eco and Ocean data

    Flexera closed its acquisition of Spot in March, and the technical integration of Spot’s product portfolio has begun to show significant progress. Eco helps to automate savings in the cloud through purchasing contractual commitments and leveraging discounts. Starting in May 2025, Cloud Cost Optimization users can access Cloud Commitment Management natively within Flexera One (powered by Spot Eco). The integration allows Flexera One Cloud Cost Optimization users to track, analyze and optimize their commitments.

    Flexera One Cloud Cost Optimization users also now have Kubernetes cost visibility and rightsizing recommendations powered by Spot Ocean. Ocean is a Kubernetes operations automation solution that allows users to optimize container infrastructure and realize cost savings.

    Further integration work is in progress to bring Spot’s Virtual Machine optimizer Elastigroup and MSP-first cloud financial management tool CloudCheckr capabilities into Flexera One and allow frictionless, secure movement between Flexera One and Spot products.

    Over time Eco, Ocean, Elastigroup and CloudCheckr will all be renamed as products under the Flexera One portfolio as one of many steps to create the most complete Technology Spend and Risk Management platform in the market.

    New Partnership with Greenpixie

    According to the Flexera 2025 State of the Cloud report, over half (57%) of respondents indicated they either have, or plan to have, a defined sustainability initiative that includes cloud carbon footprint tracking in place within twelve months. As IT sustainability reporting becomes more critical and expected, FinOps teams are uniquely positioned to lead efforts that reduce both unnecessary spend and environmental impact.

    The new Greenpixie partnership includes an OEM agreement which integrates Greenpixie’s cloud sustainability data into Flexera One, providing Flexera customers with both cost and cloud-based emissions data in a single, familiar interface. The Flexera One Cloud Sustainability offering (an add-on to Cloud Cost Optimization) also complements Flexera’s existing on-premises and manufacturer-provided carbon data with cloud-based emissions data (such as CO2, water and electricity details).

    “Flexera is uniquely placed to embed Greenpixie sustainability data into the heart of cloud operations where it can supercharge FinOps and IT decarbonization goals,” said John Ridd, CEO of Greenpixie. “With fine-grained CO2, electricity and water data, sustainability can become the town square of IT – where stakeholders can collaborate to deliver IT objectives in new innovative ways. The Greenpixie integration into Flexera One’s Cloud Cost Optimization solution is the digital embodiment of this town square, where sustainability can catalyse FinOps goals like never before.”

    Find Flexera at FinOps X, June 2-5, 2025 in San Diego, CA and learn more about our sessions, special events, and more on our blog. For those Cloud Cost Optimization customers or partners interested in joining the Early Access program for Flexera One Cloud Sustainability, more details can be found here.

    To learn more about Flexera One FinOps, please visit: https://www.flexera.com/products/flexera-one/finops

    Follow Flexera

    Follow Greenpixie

    About Flexera

    Flexera helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Powered by the Flexera Technology Intelligence Platform, our award-winning IT asset management, FinOps and SaaS management solutions provide comprehensive visibility and actionable insights on an organization’s entire IT ecosystem. This intelligence enables IT, finance, procurement, FinOps and cloud teams to address skyrocketing costs, optimize spend, mitigate risk and identify opportunities to create positive business outcomes. More than 50,000 global organizations rely on Flexera and its Technopedia reference library, the largest repository of technology asset data. Learn more at flexera.com.

    For more information, contact:

    Ciri Haugh

    Flexera

    publicrelations@flexera.com

    The MIL Network –

    May 30, 2025
  • MIL-OSI: Rate’s Nicole Santizo Sets the Standard for High-Net-Worth Lending in Silicon Valley

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, May 29, 2025 (GLOBE NEWSWIRE) — Rate, a leader in fintech mortgage solutions, is proud to spotlight the continued success of Nicole Santizo, one of the nation’s top-producing loan originators and a trusted mortgage advisor to some of Silicon Valley’s most sophisticated clients.

    Consistently closing more than $100 million in loan volume annually, Santizo is recognized for her production and deep consultative approach. She provides clients with tailored financing strategies designed to meet their unique financial profiles and long-term goals.

    Operating out of Los Altos, Santizo serves high-net-worth individuals, self-employed entrepreneurs, and affluent buyers navigating the competitive Bay Area real estate market. A key part of her value proposition is access to Rate’s exclusive suite of Portfolio loan programs, which offer uncommon flexibility not found at most traditional banks.

    These proprietary products allow borrowers to:

    • Secure jumbo financing with minimal down payment, desirable in today’s depressed equity markets.
    • Qualify based on cash flow or asset positions rather than traditional tax return analysis, ideal for clients with complex income structures.

    “Today’s affluent buyer needs more than a low rate. They need a smart plan and the kind of strategic guidance that comes from direct experience and understanding of non-conventional income scenarios,” said Santizo. “What we offer through Rate’s Portfolio programs allows me to customize financing for clients who might not fit the mold at traditional institutions. It’s a game changer for Silicon Valley professionals and entrepreneurs.”

    In a region where market dynamics shift quickly and client expectations are high, Santizo’s ability to combine local expertise, white-glove service, and innovative lending options continues to set her apart in California and nationwide.

    About Rate

    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Honors and awards include: Top 5 Mortgage Lender by Inside Mortgage Finance for 2024; Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire’s Tech100 award for the company’s industry-leading FlashClose℠ digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine’s Lender of the Year for seven consecutive years; and Chicago Tribune’s Top Workplaces list for seven straight years. Visit rate.com for more information.

    Media Contact:
    press@rate.com

    The MIL Network –

    May 30, 2025
  • MIL-OSI: Skyward Specialty Recognized as US News & World Report 2025-2026 Best Companies to Work For

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, May 29, 2025 (GLOBE NEWSWIRE) — Skyward Specialty Insurance Group, Inc.™ (Nasdaq: SKWD) (“Skyward Specialty” or “the Company”), a leader in the specialty property and casualty (P&C) market, has been named one of 2025-2026 Best Companies to Work For by US News & World Report for the second consecutive year. The Company earned recognition in three categories including: Overall, Industry: Finance & Insurance, and Region: South.

    US News & World Report selects recipients of this honor based on an independent analysis of publicly available data, not applications or corporate submissions.

    “What makes this recognition so meaningful is that it is grounded in the real experiences of our employees,” said Skyward Specialty Chairman & CEO Andrew Robinson. “In the five years since our rebrand as Skyward Specialty, we’ve built an incredibly engaged and compassionate culture that is only possible because of the people building it. This honor reinforces the strength of our culture and the depth of our commitment to every team member.”

    To be named a “Best” company, employers must exceed national averages on employee satisfaction across key factors tied to wellbeing, stability and opportunity. Skyward Specialty also received strong scores for Career Opportunities, Professional Development and Belongingness and Esteem, rounding out a profile of a workplace where people feel safe, valued and empowered to thrive.

    About Skyward Specialty
    Skyward Specialty (Nasdaq: SKWD) is a rapidly growing and innovative specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. The Company operates through nine underwriting divisions — Accident & Health, Agriculture and Credit (Re)insurance, Captives, Construction & Energy Solutions, Global Property, Professional Lines, Specialty Programs, Surety and Transactional E&S.

    Skyward Specialty’s subsidiary insurance companies consist of Great Midwest Insurance Company, Houston Specialty Insurance Company, Imperium Insurance Company, and Oklahoma Specialty Insurance Company. These insurance companies are rated A (Excellent) with a stable outlook by A.M. Best Company. For more information about Skyward Specialty, its people, and its products, please visit skywardinsurance.com.

    Media Contact
    Haley Doughty
    Skyward Specialty Insurance Group
    713-935-4944
    hdoughty@skywardinsurance.com

    Investor Contact
    Natalie Schoolcraft
    Skyward Specialty Insurance Group
    614-494-4988
    nschoolcraft@skywardinsurance.com

    The MIL Network –

    May 30, 2025
  • MIL-OSI: Peer Launches the World’s First Operating System for Agentic AI, Giving AIs a Form and a Place to Live

    Source: GlobeNewswire (MIL-OSI)

    NEWPORT BEACH, Calif., May 29, 2025 (GLOBE NEWSWIRE) — Peer, the AI-native platform reinventing the internet as a persistent, explorable universe, today launched its Global Simulation—the first real-time digital Earth where users show up as avatars, connect by location, and build relationships in a living, spatial network.

    Peer is designed as a native environment for Agentic AI—an operating system where AI can move, perceive, and act within a shared world. By giving AI form and placing it in a common, persistent, and spatial environment, Peer creates a natural interface for human-AI interaction.

    Every user is paired with their own AI agent—an intelligent companion that learns, evolves, and operates alongside them. This makes AI feel personal, useful, and embodied—an essential step toward making AI adoption universal and seamlessly woven into daily life. Together, they navigate a dynamic world where geography, memory, and imagination converge. And because Peer’s interface is grounded in real-world geography, it doesn’t just simulate the world—it connects to it, enabling AI to extend into physical reality through augmented reality and spatial computing.

    “We’re not launching another app—we’re opening the portal to a new digital world,” said Tony Tran, Founder and CEO of Peer. “Imagine a platform that grows with the virality of a social network but monetizes like a game. This is the start of something far bigger than social—it’s the foundation for the AI economy.”

    The Map Becomes the Medium
    At the core of Peer is a dynamic 3D map of the world—a new substrate where digital experiences are anchored to real places. This isn’t a game world or escapist simulation—it’s a living layer that blends the physical and digital into one continuous environment. Users appear as avatars tied to real-world and virtual locations, with full control over their visibility and presence.

    Powered by GPS and VPS (Virtual Positioning System), Peer transforms the map into an interactive space where people can explore, drop content, discover others, and build communities. Unlike traditional apps or games, this is a digital reality that starts from the real world—making it feel authentic, grounded, and alive. Where Pokémon GO limited you to walking around your IRL location, Peer lets you travel anywhere in the world and then jump into the map to explore.

    “Peer is the best of Roblox, Pokémon GO and Discord, all together and all powered by AI,” said Tran. “It’s persistent, composable and built to scale beyond entertainment into utility, commerce and creation.”

    A Platform for Presence
    Peer’s launch includes:

    • A real-time simulation of Earth, enabling seamless movement and avatar presence across the globe
    • Customizable avatars, giving users full control over how they appear—socially, partially, or invisibly
    • Location-aware presence, keeping users grounded in the physical world without ever leaving the app
    • A spatial interface built for discovery, not addiction—replacing endless feeds with meaningful proximity

    Another Peer breakthrough is Composable World Layering: one persistent world, infinite personal experiences. Two users in the same virtual Times Square might see different events, ads, or portals—each tailored to them. It’s a new canvas for creators, brands, and AI to build uniquely for every person.

    According to Tran, Peer is the first platform that lets the entire world enter the same persistent simulation—a planet-scale MMO tied to the real world—that is entirely accessible instantly from any mobile phone.

    Unlike traditional games or closed virtual worlds that divide users by servers, regions, or gameplay loops, Peer opens access to a single, real-time world where anyone on Earth can step in together. No lobbies. No waiting rooms. No fragmentation. It’s the gateway to infinite, immersive experiences powered by AI.

    “We’ve built a platform with infinite entry points,” said Tran. “From São Paulo to Seoul, anyone with a phone can step into the simulation and begin their journey in an AI-powered world.”

    Download the Peer app today at the App Store, Google Play or peer.inc.

    About Peer
    Peer is an AI-native platform reimagining the internet as a persistent, explorable universe. By combining a simulation of Earth with generative AI, avatars, and real-time spatial interaction, Peer creates a new operating system for human-AI coexistence. Peer is currently rolling out its first phase and will expand into AI agents, immersive worldbuilding, and custom hardware.

    Media contact:
    Kerry Metzdorf
    Big Swing
    kerry@big-swing.com
    978-609-0766

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7823c8de-8035-43ac-8797-ef5f9a32e9ff

    The MIL Network –

    May 30, 2025
  • MIL-OSI: Spring Update of QuarkXPress 2025 Provides New Generative AI Power, Ground-Breaking Typography Workflows and an Improved User Experience

    Source: GlobeNewswire (MIL-OSI)

    GRAND RAPIDS, Mich., May 29, 2025 (GLOBE NEWSWIRE) — Quark Software, the global provider of content automation, intelligence and design software, today announced its latest v21.1 Spring update of QuarkXPress 2025. The world’s most powerful page layout and digital publishing software accelerates project execution through support for typography workflows using Font Libraries, deeper Markdown integration, and an improved Story Editor user experience to bring writers in closer to the final design.

    “This release is all about making QuarkXPress more flexible, innovative, and accessible for creative professionals,” said Ewa Gorka, Product Manager, QuarkXPress. “We’re expanding what our AI can do, making it available to even more users, including those with active maintenance plans. With features like editable tone of voice and open-ended prompt editing, we’re putting 100% control in the user’s hands.”

    Ewa continued: “Additionally, the simple yet powerful Font Libraries tool offers a much cleaner way to manage large font collections, with no need for external font management apps. Plus, with foundational support for new font formats like COLRv1, we’re showing our commitment to keeping pace with evolving design standards.”

    “To top it off, we’ve made meaningful accessibility and user experience improvements that make QuarkXPress more intuitive and personal than ever. Everything in 21.1 is designed to increase productivity and help people focus on creativity.”

    New features and capabilities available in QuarkXPress 2025 include:

    Tone of Voice & Edit with a Prompt – Pick from formal or informal tone of voice options and simplify text. Plus, designers can use natural language prompts to adjust or create their own AI-generated text.

    Font Libraries – Map and manage fonts faster than ever with the ground-breaking Font Libraries tool, reducing the need for external font management apps.

    COLRv1 – Enhance creative workflows with COLRv1 fonts featuring solid color support in layout and PDF and the ability to render with full fidelity in digital output.

    Story Editor – New visual customization options improve accessibility and comfort. Enabling copywriters to personalize the font, size, line spacing, and toggle text styles, making long editing sessions easier and content more readable.

    Additional Resources 

    About Quark Software, Inc.
    Quark knows content. The company revolutionized desktop publishing and today provides content design, automation and intelligence software for end-to-end content lifecycle management. Customers worldwide rely on Quark to modernize their content ecosystems so they can create complex print and digital layouts, automate omnichannel publishing of mission-critical documents, and analyze production and engagement insights for the greatest return on their content investments. Quark is backed by Parallax Capital Partners and headquartered in Grand Rapids, Mich., with offices in the United Kingdom, Ireland and India. Quark. Brilliant content that works. For more information, visit www.quark.com or follow us on LinkedIn.

    For more information, press only:
    Emerson Welch
    VP Global Marketing, Quark
    ewelch@quark.com 

    The MIL Network –

    May 30, 2025
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