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Category: Business

  • MIL-OSI USA: During Small Business Week, Governor Stein Visits Marshall, Calls for More Western NC Small Business Support

    Source: US State of North Carolina

    Headline: During Small Business Week, Governor Stein Visits Marshall, Calls for More Western NC Small Business Support

    During Small Business Week, Governor Stein Visits Marshall, Calls for More Western NC Small Business Support
    lsaito

    Raleigh, NC

    Yesterday, during Small Business Week, Governor Stein and North Carolina Secretary of Commerce Lee Lilley visited downtown Marshall to highlight the importance of supporting small businesses impacted by Hurricane Helene. Governor Stein has proclaimed May 4 – May 10, 2025 as Small Business Week to celebrate the impact of entrepreneurs and small businesses on North Carolina’s economy. 

    “Small businesses are the beating heart of our economy, and I am proud to recognize them this week. In particular, western North Carolina is open for business, and it is more crucial than ever to support its economic recovery,” said Governor Josh Stein. “With the help of private partners, $55 million is now on the way to more than 2,100 small businesses. Unfortunately, it’s not nearly enough. I am calling on the General Assembly to dedicate more funding to support small businesses so they can keep providing jobs and bolstering local economies.”

    “Small businesses are foundational in our communities, employing nearly 45 percent of the private-sector workforce across the state,” said Commerce Secretary Lee Lilley. “As we continue our recovery from devastating storms and federal impacts, our focus remains on creating an environment where entrepreneurs can thrive.”

    Governor Stein remains committed to ensuring that businesses in western North Carolina have the resources and infrastructure they need to rebuild. Last week, Governor Stein announced that the Dogwood Health Trust, the Duke Endowment, and the State of North Carolina have distributed $55 million to more than 2,100 businesses in western North Carolina. In his second Helene budget request, Governor Stein will call on the General Assembly to invest more in small business grants so that western North Carolina businesses can keep their doors open to serve their communities.  

    Governor Stein and the North Carolina Department of Commerce also launched an additional $55 million state infrastructure program, which allows local governments to apply for up to $1 million to rebuild public infrastructure. Small businesses rely on this infrastructure, such as sidewalks and sewers, to do business. The Department of Commerce’s Division of Workforce Solutions has also made the $500,000 “Hurricane Helene Business Edge Fund” available to local workforce boards serving the counties that were most impacted by the storm, with a particular focus on minimizing layoffs from small businesses. 

    North Carolina’s small businesses account for more than 99 percent of the state’s businesses, employing 1.7 million people statewide. More than 9,600 North Carolina small firms exported merchandise, generating $8.2 billion of the state’s exports as of the latest report from 2022. North Carolina is proud to support small businesses through services such as NCWorks, community college small business centers, the N.C. Small Business and Technology Development Center, SCORE, the Veterans Business Outreach Center, the Rural Center, and a toll-free information and referral service known as the Small Business Advisors hotline. 

    Click here to read Governor Stein’s full proclamation.  

    May 9, 2025

    MIL OSI USA News –

  • MIL-OSI: ProvisionAi Leads Industry in Sustainable Logistics: Webinar Highlights Available Online

    Source: GlobeNewswire (MIL-OSI)

    FRANKLIN, Tenn., May 09, 2025 (GLOBE NEWSWIRE) —  ProvisionAi continues to set industry benchmarks in sustainable and cost-efficient logistics solutions with its revolutionary AI-driven AutoO2 platform. Recently, the company successfully hosted an insightful webinar on Scope 3 emissions management, attracting significant attention from logistics and sustainability leaders globally. The session, praised by participants for its practical insights, is now available on YouTube for public viewing.

    ProvisionAi’s AutoO2 has dramatically reduced both costs and carbon emissions for major shippers by intelligently designing replenishment loads to maximize truck utilization. Last year alone, AutoO2 eliminated 88,000 truck trips, delivering a 5-10% increase in truckload capacity.

    “Our recent webinar clearly demonstrated how businesses can simultaneously reduce transportation costs and environmental impact,” said Tom Moore, Founder and CEO of ProvisionAi. “We’re pleased to share the webinar online, providing valuable insights and strategies to an even broader audience.”

    A recent case study showcased during the webinar highlighted significant outcomes: a ProvisionAi client achieved an 8% reduction in truckloads and a corresponding 13% reduction in CO₂ emissions within just 21 days. This success equates to removing 149 truck trips and preventing 222 metric tonnes of carbon emissions—comparable to the annual carbon sequestration capacity of 265 acres of U.S. forests.

    Companies like P&G, Unilever, and Campbell’s have already benefited from ProvisionAi’s solutions, experiencing substantial economic savings and measurable sustainability improvements.

    “Our technology allows companies to align sustainability with profitability, proving that environmental responsibility doesn’t have to come at an additional cost,” Moore added.

    To view the full webinar and learn more about integrating cost-effective and sustainable logistics practices, visit ProvisionAi’s YouTube channel. For further details on ProvisionAi’s innovative solutions, please visit www.provisionai.com.

    About ProvisionAi
    ProvisionAi transforms logistics by delivering cost-saving, sustainable AI-driven solutions. With its flagship platform, AutoO2, ProvisionAi enables companies to significantly cut carbon emissions, reduce operational costs, and optimize their logistics operations sustainably.

    Media Contact:

    Tom Moore
    tom.moore@provisionai.com
    Cell: +1 615 417-9591
    ProvisionAi.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/065a4b9a-ed60-46fb-8ac6-51ddd23fcbf9

    The MIL Network –

  • MIL-OSI: Hyra Network Co-Hosts TOKEN2049 VC Summit and Showcases Decentralized AI Infrastructure at GITEX Asia Singapore

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE and DUBAI, United Arab Emirates, May 09, 2025 (GLOBE NEWSWIRE) — Hyra Network, the world’s first decentralized AI infrastructure platform, has accelerated its global expansion by co-hosting VC Connect at TOKEN2049 Dubai and unveiling its Smart Data Economy vision at GITEX Asia Singapore. The events brought together over 10,000 tech leaders, investors, and policymakers across two of the most influential technology gatherings of 2025.

     

    Hyra Network x Agora Group co-host successful VC Connect Dubai, gathering 40+ top Web3 investors and founders.

    At TOKEN2049 Dubai, Hyra Network partnered with Agora Group to co-host VC Connect as a Diamond Sponsor. This premier investor forum welcomed over 40 leading venture capital firms, including Animoca Brands, Spartan Group, Hack VC, Borderless Capital, and DWF Ventures.

    Mr. Gerard, Co-founder of Hyra Network, played a leading role in facilitating direct pitch sessions, strategic roundtables, and investor briefings — showcasing the company’s Layer-3 blockchain-powered infrastructure that leverages edge computing and federated learning to democratize AI deployment.

    With over 10,000 participants at TOKEN2049, Hyra Network captured investor attention and positioned itself as a rising leader in the global DePIN (Decentralized Physical Infrastructure) and AI ecosystem.

    Building on its Dubai momentum, Hyra Network also showcased its decentralized AI platform at GITEX Asia Singapore, the Southeast Asia edition of the global GITEX series. The inaugural event featured 700+ tech companies and delegates from over 110 countries.

    Hyra Network featured at GITEX Asia 2025, with 700+ tech leaders from 110+ countries.

    Hyra Network’s CTO and technical leadership demonstrated how individuals and enterprises can contribute unused device capacity — such as smartphones, routers, and edge nodes — to participate in decentralized AI networks and earn tokenized rewards. This infrastructure unlocks scalable, inclusive, and user-powered AI systems.

    Hyra also joined industry forums, public-private workshops, and tech showcases — reinforcing its leadership in building next-generation, decentralized AI infrastructure.

    GITEX organizers announced strategic expansion into Southeast Asia, naming Singapore and Vietnam as digital economy growth hubs, aligning with Hyra Network’s regional roadmap.

    About Hyra Network

    Hyra Network is the world’s first decentralized AI infrastructure platform, enabling scalable, low-cost artificial intelligence through edge devices and Layer-3 blockchain. As a core initiative of Hyra Tek, the company combines federated learning, edge computing, and decentralized participation to power the Smart Data Economy — making AI accessible, ethical, and community-owned.

    Media Contact

    Mei Nguyen
    PR & Communications Lead – Hyra Holdings
    Email: press@hyra.network
    Website: https://hyra.network

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/583760b2-2c2d-40e5-b1e6-8a1f050b02cc

    https://www.globenewswire.com/NewsRoom/AttachmentNg/eb0be94a-a492-418d-b976-9f40683b134a

    The MIL Network –

  • MIL-OSI: 100x Leverage, No KYC, $50 Welcome Bonus, and Double Deposit Bonus — Trade Crypto Futures on BexBack

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 09, 2025 (GLOBE NEWSWIRE) — With Bitcoin breaking past the $100,000 milestone and Ethereum surging over 20% in just 24 hours, many analysts agree that a new crypto bull market has officially begun. In this environment, smart investors are turning to high-leverage futures trading to amplify their gains with minimal capital.
    Recognizing this shift, BexBack is doubling down on its trader-first approach by offering powerful promotional incentives: a 100% deposit bonus, a $50 welcome bonus for new users, and up to 100x leverage on over 50 major cryptocurrencies. These tools are designed to help traders capture the full potential of the bull cycle with precision and flexibility.

    What Is 100x Leverage and How Does It Work?

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

    Suppose the Bitcoin price is $60,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $63,000, your profit will be (63,000 – 60,000) * 100 BTC / 60,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP,and 50+ others futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC and 1M USDT in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (available after making a deposit of at least 100 USDT or 0.001 BTC and completing one trade within one week of registration), giving you the edge to become a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    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/d8756246-a0d7-43d5-8997-7ba914797447

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8749dbbd-c9f1-4f84-875c-b0a2c4b74344

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4e07e5d3-9447-497a-9fa1-738d3cab6c36

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9303617e-2546-4ca1-8a3f-e7b2f0406d6a

    The MIL Network –

  • MIL-OSI: Fireweed Upsizes Financing to $60 Million

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    VANCOUVER, British Columbia, May 09, 2025 (GLOBE NEWSWIRE) — FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQX: FWEDF), is pleased to announce that, due to strong institutional investor demand, it has entered into an agreement with Ventum Financial Corp. as co-lead agent and bookrunner, alongside Haywood Securities Inc., as co-lead agent, on behalf of a syndicate of agents, to increase the Company’s previously announced brokered and non-brokered financing from $45 million to up to $60 million. See press release of the Company dated May 8, 2025.

    Pursuant to the amended terms of the financing, the brokered private placement (“Brokered Offering”) will now consist of:

    • 12,545,000 critical mineral charity flow-through common shares (“CM FT Shares”) of the Company at a price of $2.79 per CM FT Share for aggregate gross proceeds of up to $35,000,550.
    • 4,281,000 non-critical mineral charity flow-through common shares (“NCM FT Shares”) of the Company at a price of $2.57 per NCM FT Share for aggregate gross proceeds of up to $11,002,170.

    The Company has also decided to increase the size of the non-brokered private placement (“Non-Brokered Offering”) which will now consist of:

    • 7,777,800 common shares of the Company (“Shares”) at a price of $1.80 per Share, for aggregate gross proceeds of up to $14,000,040.

    In all other respects, the terms of the Brokered Offering and Non-Brokered Offering remain as previously disclosed in the original press release of the Company related to the financing dated May 8, 2025, a copy of which is available on the Company’s website at FireweedMetals.com and at www.sedarplus.com.

    The securities being offered have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.

    About Fireweed Metals Corp.

    Fireweed is an exploration company focused on unlocking value in a new critical metals district located in Northern Canada. Fireweed is 100% owner of the Macpass District, a large and highly prospective 985 km2 land package. The Macpass District includes the Macpass zinc-lead-silver project and the Mactung tungsten project. A Lundin Group company, Fireweed is strongly positioned to create meaningful value.

    Fireweed trades on the TSX Venture Exchange under the trading symbol “FWZ”, on the OTCQX Best Market under the symbol “FWEDF”, and on the Frankfurt Stock Exchange under the trading symbol “M0G”.

    Additional information about Fireweed and its projects can be found on the Company’s website at FireweedMetals.com and at www.sedarplus.com

    ON BEHALF OF FIREWEED METALS CORP.

    “Ian Gibbs”

    CEO

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

    Cautionary Statements

    Forward Looking Statements

    This news release contains “forward-looking” statements and information (“forward-looking statements”). All statements, other than statements of historical facts, included herein, including, without limitation, statements relating to the Brokered Offering and the Non-Brokered Offering, timing thereof, completion and use of proceeds thereof, statements relating to interpretation of drill results, targets for exploration, potential extensions of mineralized zones, geophysical anomalies, future work plans, and the potential of the Company’s projects, are forward looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved. Forward-looking statements are based on the beliefs of Company management, as well as assumptions made by and information currently available to Company management and reflect the beliefs, opinions, and projections on the date the statements are made. Forward-looking statements involve various risks and uncertainties and accordingly, readers are advised not to place undue reliance on forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include but are not limited to, exploration and development risks, unanticipated reclamation expenses, expenditure and financing requirements, general economic conditions, changes in financial markets, the ability to properly and efficiently staff the Company’s operations, the sufficiency of working capital and funding for continued operations, title matters, First Nations relations, operating hazards, political and economic factors, competitive factors, metal prices, relationships with vendors and strategic partners, governmental regulations and oversight, permitting, seasonality and weather, technological change, industry practices, uncertainties involved in the interpretation of drilling results and laboratory tests, and one-time events. The Company assumes no obligation to update forward‐looking statements or beliefs, opinions, projections or other factors, except as required by law.

    Contact: Alex Campbell

    Phone: +1 (604) 689-7842

    Email: info@fireweedmetals.com

    The MIL Network –

  • MIL-OSI China: China bolsters service consumption, elderly care financial support via relending facility

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

    China bolsters service consumption, elderly care financial support via relending facility

    BEIJING, May 9 — China’s central bank announced on Friday that it has set up a relending facility for service consumption and elderly care, aiming to guide financial institutions in strengthening support for these sectors.

    The relending facility quota for service consumption and elderly care is 500 billion yuan (about 69.35 billion U.S. dollars), and features an annual interest rate of 1.5 percent and a term of one year, according to the People’s Bank of China.

    Eligible applicants for the facility include 21 national financial institutions, such as policy banks and state-owned commercial banks, as well as five city commercial banks including Bank of Beijing and Bank of Shanghai, the central bank noted.

    This relending facility will be in effect until the end of 2027, the central bank said, while adding that it will encourage and guide financial institutions to beef up support for key areas in the service consumption sector — such as accommodation and catering, culture, sports and entertainment, and education, as well as the elderly care industry.

    MIL OSI China News –

  • MIL-OSI Banking: Financial Stability Council Meets – 8 May 2025

    Source: Bank of Botswana

    The Financial Stability Council (FSC/Council) met on 8 May 2025 to discuss the prevailing state and outlook of financial stability, including related risks emanating from the domestic and global environments as well as appropriate policy responses to avert the buildup of vulnerabilities. Members also deliberated on prospective developments affecting the financial sector and ongoing FSC work programme. These include harmonisation of corporate governance principles, and enhancement of resolution and crisis management frameworks for the financial sector.

    Read detailed Press Release below:

    Press Release – Financial Stability Council Meets – 8 May 2025.pdf

    MIL OSI Global Banks –

  • MIL-OSI USA: News 05/7/2025 Blackburn Confronts NBA on Its Shady Ties to Communist China

    US Senate News:

    Source: United States Senator Marsha Blackburn (R-Tenn)
    WASHINGTON, D.C. – U.S. Senator Marsha Blackburn (R-Tenn.) pressed National Basketball Association (NBA) executive, William Koenig, on the league’s shady ties to Communist China. Estimates show that the NBA’s media rights in China are worth hundreds of millions of dollars per year and that team owners have invested more than $10 billion in the country all while the Chinese Communist Party has violated human rights and censored speech. Koenig refused to disclose how much the NBA has profited off investments in China.

    Click here to download video of Senator Blackburn’s remarks during the Senate Commerce Committee hearing. 
    On the NBA’s investments in China:
    Blackburn: “Why don’t you tell me what the broadcast rights in China are worth and how much NBA owners have invested in China?” 
    Koenig: “The NBA does have a very long history of distributing our games and content in China for more than 30 years.”
    Blackburn: “I’m not asking about the length of time you’ve been in China. I’m asking, ‘What are the media rights worth?’ You’re the president of global content and media distribution so what are those rights worth and how much have the NBA owners invested in China?’
    Koenig: “The NBA does not comment publicly on the financial terms of our relationships in the U.S. or abroad.” 

    MIL OSI USA News –

  • MIL-OSI USA: News 05/9/2025 Blackburn, TNECD Commissioner McWhorter Highlight Economic Investment in Tennessee Under President Trump on ‘Unmuted with Marsha’

    US Senate News:

    Source: United States Senator Marsha Blackburn (R-Tenn)
    NASHVILLE, Tenn. – Today, U.S. Senator Marsha Blackburn (R-Tenn.) released a new episode of ‘Unmuted with Marsha’ highlighting the 30 projects with approximately 3,700 new jobs and $1.2 billion in economic investment Tennessee has landed since November 2024. 
    Senator Blackburn spoke with Tennessee Department of Economic and Community Development (TNECD) Commissioner Stuart McWhorter about the exciting economic developments in the state, including the recruitment of new international direct flights, investment in rural Tennessee communities, and closing the digital divide by expanding access to broadband.

    Click here to download this episode of ‘Unmuted with Marsha.’ 
    “We’ve heard so much about President Trump’s first 100 days, and a lot of talk about the success that different states are having in attracting investment and attracting jobs and seeing that jobs growth take place. I was at the White House last week with the President as he was announcing some of these projects that have taken place,” said Senator Blackburn.
    “It’s been a busy several months for sure, and the good news is the pipeline is continuing to be very robust. Since President Trump was elected, and certainly now that he’s in office, and really making a lot of things happen quickly, we’re seeing activity in our state pick up. A lot of companies globally are looking to reshore and establish a stronger presence – not only in the United States – but certainly in the State of Tennessee,” saidStuart McWhorter.
    RELATED
    VIDEO: Blackburn Celebrates Economic Investments in Tennessee Secured by President Trump

    MIL OSI USA News –

  • MIL-OSI USA: ‘Saving Education by Getting Phones Out of Classrooms’

    Source: US State of New York

    oday, Fox News Digital published an op-ed by Governor Kathy Hochul detailing her fight to give kids their childhoods back. From her work taking on addictive social media algorithms to this year’s landmark bell-to-bell cell phone ban, Governor Hochul is leading the nation in creating a safer digital environment to protect our children. Read the full op-ed online here or below:

    Phones down. Heads up. Starting this fall, we’ll have no cellphones in a child’s hand. We’re taking back our classrooms and giving kids their childhoods back

    I’ve been a mom longer than I’ve been a Governor, so I’m hardwired to protect kids — my own and yours.

    That’s why, as New York’s first Mom Governor, I led the nation last year in taking on the addictive algorithms driving social media feeds. And now, we’re taking another bold step: becoming the largest state in the nation to restrict cellphones in K-12 schools throughout the entire school day.

    I spent the past year traveling across New York, talking to everyone from moms and dads to teachers, students, principals — from North Country to Long Island, I heard the same thing: cellphones are hurting our kids.

    One conversation I’ll never forget happened in a library, sitting in a circle with students. They opened up about all the pressure and stress they feel every day — how they look, whether their clothes are cool, if they’re being excluded from a party. They were carrying so much anxiety. How could they possibly focus in class with all that on their minds and constant notifications buzzing in their pockets?

    I also heard from teachers who would tell me, “We can’t compete anymore. We just can’t compete with the screens. We’re losing the battle of connecting with our students.” They want to build relationships with their students. They want to teach. But their kids are glued to their phones, distracted, anxious, and disengaged.

    And I heard from parents who would talk to me about how their kids are becoming more withdrawn and overwhelmed because of the constant bombardment of negativity from their smartphones.

    The facts speak for themselves. Ninety-five percent of teenagers have smartphones. They receive 250 notifications a day on average. They can’t possibly focus on anything else because they’re so afraid of missing something. Even our kids know it is too much. One young woman told me, “you have to save us from ourselves.” I knew she really meant it. And I knew I had to act.

    I understand the legitimate fear parents may feel, losing a direct line of contact to their children in the case of an emergency. But as I traveled across the state, I also heard from law enforcement who told me that in the horrible event of a mass casualty, the last thing you want is your child fumbling for their cellphone. That distraction can mean that they’re not safe, because they’ve lost their focus on the person in the front of the room who is trained to get them to safety.

    So I knew we couldn’t do half measures. Our kids needed us to be bold. Our teachers needed us to be decisive. And our parents were asking us to act. So that’s exactly what we did. And I stood firm for this.

    Starting this fall, we’ll have no cellphones in a child’s hand from the moment they arrive at school to the moment they leave. No more memes instead of math. No more scrolling through science. Instead, kids will be able to focus, engage, and just be kids again.

    People ask me why this issue matters so much. It’s simple: I want laughter in the hallways again. I want to hear real voices in gym class. I want our kids to make eye contact and talk to each other face-to-face. I want teachers to feel free to teach again. And I want to create an environment where kids can actually learn and just be kids again.

    Our kids’ mental health is on the line. And I’m not going to let social media and big tech companies dictate their well-being. That’s why last year, I told them enough is enough. You can’t keep bombarding our kids with your addictive, harmful algorithms. And now, we’re taking back our classrooms and giving kids their childhoods back.

    No other state is doing what we’re doing here in New York. I’ll never back down when it comes to what’s best for our children, because your family is my fight. I said that on day one, and I mean it just as much today.

    So I’m proud to say that the next generation of leaders is growing up right here in New York. A generation that will be more focused, more grounded, and more connected to the world around them.

    This is the last generation of students in New York who will grow up with phones in the classroom. And that’s a good thing. Because from now on, our kids will be learning and growing, not clicking and scrolling. Other states should follow our lead.

    MIL OSI USA News –

  • MIL-OSI: HTX DeepThink: Liquidity Window Confirmed — Bitcoin Hits $100K Again, What’s Next?

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 09, 2025 (GLOBE NEWSWIRE) — HTX DeepThink is a flagship market insights column created by HTX, dedicated to exploring global macro trends, key economic indicators, and major developments across the crypto industry. In a world where volatility is the norm, HTX DeepThink aims to help readers “Find Order in Chaos.”

    Last week, Chloe (@ChloeTalk1) from HTX Research accurately predicted that a liquidity window could emerge in early May, driving capital back into crypto markets. On May 8, Bitcoin surged past $100,000 for the first time in three months—confirming her forecast. How long can this momentum last, and what are the implications of the latest U.S.-UK tariff deal? In this bonus update, Chloe provides fresh analysis of the evolving landscape.

    UK–U.S. Tariff Agreement Signals Reduced Risk and Policy Support

    On May 8, the United Kingdom and the United States reached a breakthrough trade agreement. The UK agreed to open its agricultural market for U.S. products in exchange for a reduction in U.S. tariffs on British automobile exports. Tariffs on British steel and aluminum exports to the U.S. were reduced to zero, while a 10% “reciprocal tariff” remains in place on U.S. imports.

    Although the UK already runs a trade deficit with the U.S. and the economic impact of the deal may be modest, it signals a willingness by the U.S. government to re-engage diplomatically and release policy tailwinds.

    U.S. Commerce Secretary Lutnick further indicated that the next major trade agreement could involve a large Asian economy, suggesting that the U.S. administration is preparing to offer structural trade incentives on a broader geopolitical scale.

    Bitcoin’s Market Structure Shifts From Speculative Trading to Institutional Capital Allocation

    Concurrently with these easing policy conditions, Bitcoin’s capital flow dynamics have undergone a fundamental shift. Over the past three weeks, U.S. spot Bitcoin ETFs have recorded substantial net inflows totaling $5.3 billion——the highest quarterly inflow since their launch.

    Notably, this increase has been driven by institutional participants, including the Abu Dhabi sovereign wealth fund, the Swiss National Bank (via MicroStrategy equity purchases), and increased allocations by BlackRock’s Bitcoin ETF. This signals a structural transition in Bitcoin’s pricing logic—moving from short-term, volatility-driven speculation towards long-term capital allocation. BTC is evolving beyond a high-risk asset; it is gradually forming an independent capital ecosystem, increasingly viewed by institutional investors as a “supra-sovereign asset”—somewhere between gold and U.S. Treasuries.

    Bitcoin Volatility Remains Contained; Market Awaits Macroeconomic Catalysts

    Despite BTC’s recent rally to $100,000, the market has not yet exhibited signs of speculative exuberance. Implied volatility (IV) in Bitcoin options remains stable in the 50%–55% range, far below the extreme levels of 80%+ typically seen at the peak of past bull markets. CME Bitcoin futures open interest currently stands at $14.8 billion, well below the $20 billion peak observed during the 2020 U.S. presidential election period, indicating that leverage is still manageable. Meanwhile, the 10-year U.S. Treasury yield has repeatedly failed to break above 4.60%, now hovering around 4.40%, which remains a neutral-to-supportive zone for risk assets.

    Overall, as long as yields do not climb back above 4.8% and ETF inflows remain steady, Bitcoin is likely to consolidate in the $105,000–$115,000 range while awaiting the next breakout trigger.

    Hidden Risk: Breakdown in China–U.S. and EU–U.S. Trade Talks Could Reignite Tariff Battles

    Nevertheless, investors should remain vigilant about geopolitical risk. While U.S. negotiations with China and the EU are ongoing, significant unresolved tensions persist—particularly over tariffs, export controls, and industrial subsidies.

    President Trump has explicitly stated he has no intention of lowering the current 145% tariff on Chinese goods as a prerequisite for restarting trade negotiations. Meanwhile, EU Trade Commissioner Maroš Šefčovič warned that if discussions with the U.S. fail, the EU is prepared to launch retaliatory tariffs, potentially targeting up to €100 billion worth of American goods.

    A breakdown in these negotiations could lead to the re-imposition of aggressive tariffs, reigniting global trade friction. This would likely dampen investor sentiment and place renewed pressure on risk assets, including Bitcoin. As such, the hidden risk of renewed tariff wars remains a key macro variable that should be incorporated into all forward-looking risk assessments.

    *The above content is not investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product.

    About HTX Research

    HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends.

    Connect with HTX Research Team: research@htx-inc.com

    Contact:
    Ruder Finn Asia
    glo-media@htx-inc.com

    Disclaimer: This is a paid post and is provided by HTX. 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.
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    The MIL Network –

  • MIL-OSI: Procedure for the payment of AB Amber Grid dividends for 2024

    Source: GlobeNewswire (MIL-OSI)

    The general meeting of AB Amber Grid shareholders held on 30th April 2025 adopted a decision on the distribution of the company profit for 2024 and the payment of an EUR 0,0599 dividend per share.

    Dividends are paid out from 26th May 2025 in the following order: 

    •    to the shareholders, whose AB “Amber Grid” shares are accounted by a financial brokerage company or credit institutions, which provide securities accounting services, the dividend amount, after deduction of Personal or Corporate withholding income tax applicable by the laws of Lithuania, will be transferred to the shareholders’ accounts held with a respective financial brokerage company or credit institution;
    •    to the shareholders, whose AB Amber Grid shares on behalf of the company are accounted by the authorized custodian AB SEB bankas, the dividend amount, after deduction of Personal or Corporate withholding income tax applicable by the laws of Lithuania, will be transferred to the shareholders’ accounts with AB SEB bankas or the accounts (IBAN) with other bank or financial institution as indicated by the shareholders (requests with account indications should be submitted to any branch of AB SEB bankas).

    Dividends paid in 2025 will be taxed as follows: 

    •    dividends paid to natural persons–residents of the Republic of Lithuania and natural persons–residents of foreign countries are subject to withholding Personal income tax of 15 per cent;
    •    dividends paid to legal entities of the Republic of Lithuania and legal entities–residents of foreign countries are subject to withholding Corporate income tax of 16 per cent, unless otherwise provided for by the laws.
    Residents of the foreign countries, which have concluded agreements on Avoidance of Double Taxation with the Republic of Lithuania, could take advantage of reduced tariffs provided by such agreements by submitting Claim for Reduction or Exemption from the Anticipatory Tax Withheld at Source, form FR0021 (DAS-1). The form should be completed following the law requirements and presented to AB Amber Grid together with the broker’s confirmation by 19th May 2025.

    For additional information on pay out of the dividends please contact AB SEB bankas, phone number +370 5 268 28 00 (web page: www.seb.lt).

    More information:
    Laura Šebekienė
    Head of Communications  
    ph. +370 699 61 246
    e-mail: l.sebekiene@ambergrid.lt  

    The MIL Network –

  • MIL-OSI Africa: Ozwald Boateng OBE steals the spotlight at Met Gala 2025, celebrating 40 years of dazzling design

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

    NEW YORK, United States of America, May 9, 2025/APO Group/ —

    The red carpet just got a seismic glow-up! British-Ghanaian fashion legend Ozwald Boateng OBE storms the 2025 Met Gala, marking his 40th year as a global style icon with a breathtaking showcase of bespoke looks for the Metropolitan Museum of Art’s exhibition, Superfine: Tailoring Black Style. With his signature blend of African authenticity, Savile Row craftsmanship, and fearless innovation, Boateng dresses a roster of cultural titans who light up the night with pure, unfiltered magic. 

    Picture this: Jaden Smith owning the carpet in a futuristic suit that screams tomorrow, with oversized shoulders and flowing wide-leg trousers that channel ancestral wisdom. Tems redefines elegance in a jaw-dropping ball gown suit, its tribal jacquard skirt billowing like a royal tapestry. And Ncuti Gatwa, serving Harlem Renaissance realness in a gold silk jacquard jacket that swings with soulful rhythm. This is Boateng’s world, and we’re all just living in it. 

    Road to the Met: A Love Letter to Legacy 

    Boateng’s Road to the Met is no mere moment- it’s a movement. For 40 years, this visionary has woven African heritage into the crisp lines of Savile Row, shattering conventions and redefining what tailoring can mean. As the first eponymous black designer on the iconic street and the first British menswear designer to strut at Paris Fashion Week in 1994, Boateng’s journey is a masterclass in staying true to your roots while rewriting the rules. 

    “This is my heart on the red carpet,” Boateng says, his eyes sparkling with purpose. “Every stitch carries a story of heritage, rebellion, and joy. This Gala isn’t just about fashion; it’s about who we are and who we’ll become.” Dive into Boateng’s world. 

    From his game-changing 2019 AI: Authentic Identity show at Harlem’s Apollo Theatre to his boundary-pushing designs for The Matrix and Black Panther, Boateng has always been ahead of the curve. Tonight, he channels the lion-hearted spirit of the Harlem Renaissance, the precision of bespoke craftsmanship, and the soul of African artistry into looks that don’t just turn heads – they start revolutions. 

    The Lineup: Icons in Ozwald’s Finest 

    Boateng’s Met Gala looks are a love affair between past and future, each outfit a story spun in silk, wool, and Kente. Here’s the dazzling lineup: 

    • Ozwald Boateng: The maestro himself, resplendent in a tribal jacquard suit that radiates regal confidence. 
    • Hanna Hultberg (Boateng): A goddess in a tailored gown, its vibrant hues dancing under the Gala lights. 
    • Oscar & Emilia Boateng: The next gen, slaying in custom looks that echo their father’s bold legacy. 
    • Hope Smith: Looking stunning in a striking royal gold-yellow silk jacquard suit, elevated by the house’s iconic Kente cloth. 
    • Omar Sy: Quietly commanding in a deep green wool mohair double-breasted suit featuring the House’s Authenticity Adinkra symbol.  
    • Burna Boy: Burna Boy commands in a royal red wool tuxedo paired with a dramatic oxblood eel skin cape.  
    • Issa Rae: Issa Rae wears a long, black tailored 3 piece suit featuring the House’s Tribal pattern in a silk jacquard. 
    • Jaden Smith: A fut.uristic warrior in a sharply contoured suit, oversized shoulders meeting ancient craft. 
    • Ayra Starr: A tuxedo dress from the 2022 Black AI collection, with slits and blue lining that scream fierce elegance. 
    • Tems: A revolutionary ball gown suit in blue-to-teal jacquard, its puff skirt a bold ode to feminine majesty. 
    • Ncuti Gatwa: Wearing the House’s signature colour, purple, rendered in a richly textured silk jacquard Kente cloth. 
    • Henry Golding: A wears a rich gold silk jacquard three-piece suit, woven with the House’s Adinkra symbol for Knowledge.   
    • Colin Kaepernick: Colin in a royal red silk suit with a fiery orange overcoat. 

    The Exhibition: A Celebration of Black Style 

    The Costume Institute’s Superfine: Tailoring Black Style, curated by Monica L. Miller, is a seminal tribute to Black dandyism’s indelible mark on fashion. From 18th-century trailblazers to today’s visionaries, the exhibit showcases Boateng’s pivotal role with pieces from his 2019 Apollo Theatre show and iconic Savile Row designs in vibrant Vlisco fabrics. Opened by Coleman Domingo, his pink silk jacquard morning suit, his matt black beret, their nod to the struggle still endured and the power of a culture always rising… Step into the exhibit (https://apo-opa.co/4k9NSJh). 

    Creative Collaborators: Adding Sparkle and Vision 

    Boateng’s Met Gala triumph is amplified by electrifying partnerships: 

    Hirsh London Luxury Jewels: “Working with Ozwald has been a true creative adventure,” says Sophia Hirsh. “We instinctively understood each other’s passion for colour and design. These jewels are full of life and character- capturing both of our spirits in a strikingly original way.” The result? Statement jewelry that pops with Boateng’s vibrant aesthetic, adding fire to every look. Discover Hirsh London (https://apo-opa.co/3GNxcc7). 

    Odette Lunettes: Eline De Munck, founder of Odette Lunettes, beams about their first full collection with Boateng: “London Savile Row style meets Antwerp design.” Boateng grins, adding, “Tailoring, but for your face.” After featuring Odette eyewear in his New York and London shows, this collaboration births frames that fuse bold elegance with cutting-edge cool, perfectly framing the Gala’s stars. Explore Odette Lunettes (https://apo-opa.co/4jLW6HE). 

    Afreximbank: Highlighting the Bank’s Commitment to Africa’s creative economy, Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank said, “The doubling of the Bank’s credit commitment to the Global African Creative industry to $2 Billion marks a very important step towards empowering African creatives and building a globally competitive creative industry, with strong participation of Africans.” He pointed to the Bank’s support to renowned designer , Ozwald Boateng’s 40th design anniversary at the Met Gala as a powerful example of how Afreximbank’s Creative Africa Nexus (CANEX) is helping global African talents to gain international recognition and inspire a new generation of designers across the continent.Discover Afreximbank (https://apo-opa.co/43l5Ann). 

    MIL OSI Africa –

  • MIL-OSI Banking: Phildraw Properties Limited

    Source: Isle of Man

    Notice is hereby given that Phildraw Properties Limited, which was registered under the Designated Businesses (Registration & Oversight) Act 2015, has been de-registered in accordance with 12(1)(a) of this Act with effect from 09/05/2025.

    Isle of Man Financial Services Authority

    09/05/2025.

    MIL OSI Global Banks –

  • MIL-OSI United Kingdom: Psychopaths would spark a financial crisis for profit

    Source: Anglia Ruskin University

    By Clive Roland Boddy, Anglia Ruskin University

    Would you want a psychopath looking after your pension? Or what about your shares? In a recent talk at the Cambridge Festival, I spoke about the latest research relating to a psychopath’s love of money, greed for power, and willingness to harm other people financially for personal gain.

    Since I began researching corporate psychopaths and the global financial crisis, the idea of the financial psychopath, an employee in the financial sector acting ruthlessly, recklessly, greedily and selfishly with other people’s money, has gained traction.

    The theory won support because psychopaths are more commonly found in financial services than in other sectors. It has even been argued that up to 10% of employees in financial services could be psychopathic. That is to say they have no empathy, care for other people, conscience or regrets for any damage they do.

    These traits make them ruthless in pursuit of their own agendas and entirely focused on self-promotion and self-advancement.

    But my ongoing research goes even further. It has found that psychopaths are willing to knowingly cause financial harm to the entire global community, in order to receive a financial bonus for themselves. Personal greed outweighs the immense social and community costs of implementing that greed.

    This aligns with earlier perceptions of some captains of finance or leading politicians as psychopaths. Previous research found they are freed by their selfish philosophy of life and their trivialising of other people from the restraints of being evenhanded, truthful or generous.

    This new research also shows that a majority of psychopaths would even be willing to cause a global financial crisis – if they personally would profit from, for example, falling stock prices. This willingness holds true even when they could be personally identified as being the source of the crisis. Only a tiny minority of non-psychopaths would be willing to do this.

    Race to the top

    Financial insiders appear to agree with the assumption that psychopaths have always been prevalent in the sector. Many psychologists and other management commentators have come to the same conclusion.

    Researchers have also found that interpersonal-affective psychopathic traits – such as deceitfulness, superficial charm and a lack of remorse – were associated with success in the finance sector.

    Employees at financial institutions in New York scored significantly higher on these traits than people in the wider community. They also had significantly lower levels of emotional intelligence (as would be expected of psychopaths).

    What’s more, having psychopathic traits has also been linked to higher annual incomes – as well as a higher rank within the corporation.

    In other words, it looks like the more psychopathic an employee is, the further up the corporate finance ladder they will go. This corresponds with findings that show there are more psychopaths at the top of organisations than at the bottom.

    Creating destruction

    This is not to say that personal success in climbing the corporate ladder equates to professional success when someone reaches the top job. Quite the opposite. In fact, my research has shown that psychopathic leadership is associated with organisational destruction.

    This includes a greater propensity to take risks with other people’s money, a greater willingness to gamble with someone else’s money and lower returns for shareholders.

    In one study over a 10-year period, psychopathic fund managers were found to generate annual returns that were 30% lower than their less psychopathic peers.

    The research team concluded that among elite financial investors, psychopathy and its appearance of personal dominance and competence, may enable people to rise to the top of their profession. But this does not translate into improved financial performance at the organisational level, where the presence of the psychopathic is actually counterproductive.

    Fraud has always been associated with the psychopathic – so much so that in one study 69% of auditors believed they had encountered corporate psychopaths in relation to their investigations.

    Years ago, one bank reportedly used a psychopathy measure to recruit staff. But I would advise against hiring people who score very highly, because they are totally concerned with personal success. They are not bothered about long-term organisational growth or sustainability. As such, decisions will be made to suit the psychopathic worker, and not the organisation.

    For example, new hires would be likely to be people who can help the psychopath achieve their personal aims and objectives rather than aid the company. Anyone astute enough to potentially be a challenge to the psychopathic employee would not be hired by them in the first place.

    Without exception, psychopathic people love money and they are more motivated by it than other people are.

    Unlike the rest of the population, psychopaths are uninterested in higher values such as close emotional connections with family and friends, and much more focused on money and materialism. Seen through this lens, the appeal of the corporate banking sector – and the salaries and bonuses it offers – to people with these traits soon becomes clear.

    Clive Roland Boddy, Deputy Head, School of Management, Anglia Ruskin University

    This article is republished from The Conversation under a Creative Commons license. Read the original article.

    The opinions expressed in VIEWPOINT articles are those of the author(s) and do not necessarily reflect the views of ARU.

    If you wish to republish this article, please follow these guidelines: https://theconversation.com/uk/republishing-guidelines

    MIL OSI United Kingdom –

  • MIL-OSI Video: Who is Daniel Driscoll? EXCLUSIVE Interview w/ SECARMY | Army Behind the Scenes

    Source: US Army (video statements)

    We sat down with the new Secretary of the Army, Daniel Driscoll for an exclusive video to find about more about him as he leads the U.S. Army into a new era of transformation.

    : AMVID

    About the U.S. Army:

    The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.

    Interested in joining the U.S. Army?
    Visit: spr.ly/6001igl5L

    Connect with the U.S. Army online:
    Web: https://www.army.mil
    Facebook: https://www.facebook.com/USarmy/
    X: https://www.twitter.com/USArmy
    Instagram: https://www.instagram.com/usarmy/
    LinkedIn: https://www.linkedin.com/company/us-army
    #USArmy #Soldiers #Military #Army

    https://www.youtube.com/watch?v=BpXkBeX9aIw

    MIL OSI Video –

  • MIL-OSI Russia: Economic Review: German manufacturers struggle under US tariffs amid growing global uncertainty

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    BERLIN, May 9 (Xinhua) — Germany’s manufacturing sector, long the backbone of Europe’s largest economy, is feeling the impact of new U.S. tariffs, with small and medium-sized exporters sounding the alarm over rising costs, shrinking profits and growing uncertainty.

    At the medium-sized gearbox manufacturer Tornado Antriebstechnik GmbH in northern Berlin, the production lines are running non-stop. In 2024, the company delivered 160,000 custom-made units, of which around 15 percent were destined for the US market. However, the recent tariff hikes have disrupted this flow, increasing cross-border costs and complicating investment planning.

    “We simply cannot cover these costs indefinitely,” said CEO Norbert Mensing, noting that the company has been forced to shift some of the burden onto its customers. “We were planning to develop in the American market, but now we are moving in a different direction,” he explained.

    Despite having a subsidiary in the US, some key components of the Tornado were subject to high tariffs, significantly increasing the overall cost of production. The company’s plans to expand production in the US are now on hold.

    “Due to the unpredictability of US trade policy, we are considering the possibility of curtailing our activities in this country and reorienting investments to the domestic market,” explained N. Mensing.

    Tornado’s predicament reflects broader concerns among German manufacturers, many of whom see unpredictable trade policies as a major threat to stability. The latest tariffs, dubbed “equivalence tariffs” by the Donald Trump administration, have introduced new risks into long-established transatlantic supply chains. German companies say the tariffs, intended to address trade imbalances, have actually increased uncertainty and dampened investment appetite.

    LOWER MARGINS, SLOWER GROWTH

    Germany’s export-oriented economy remains highly vulnerable to external shocks. While industrial giants like Volkswagen and Mercedes-Benz have the flexibility to shift production around the world, smaller manufacturers like Tornado have far less ability to cope with the fallout.

    The fears are spreading across Germany’s industrial heartland. The country has a vast ecosystem of so-called “hidden champions” – small and medium-sized companies that have succeeded in niche markets. These companies thrive on precision engineering, long-term strategic planning and robust cross-border supply chains.

    For many of them, massive tariff hikes by the US and increasingly unpredictable trade policies are not just a blow to profits. They are shaking the foundations of the global production and supply chains on which these companies rely to remain competitive.

    Economist Hermann Simon, who coined the term “hidden champions,” noted that in today’s world, tariffs are no longer just price mechanisms — they have become structural disruptors. “Supply chains are so tightly intertwined that even small disruptions can have far-reaching consequences,” he told Xinhua.

    For companies built on trust, stability and global connectivity, uncertainty itself is more damaging than regulation, Simon warned.

    BREAKING TRUST

    Recent data confirms the growing concerns. In April, 28.3 percent of German companies surveyed by the Ifo Institute for Economic Research reported a deterioration in business conditions, the highest figure since late 2022. US trade policy was cited as the main external risk.

    That same month, Germany’s federal government cut its 2025 GDP growth forecast to zero, after falling in 2023 and 2024. If confirmed, it would mark the country’s first three-year economic contraction since World War II. Officials cited U.S. tariffs as a major factor in the revised forecast.

    According to estimates by the Institute of German Economy, if current tariffs remain in place until 2028, Germany’s total losses could reach 290 billion euros (about 325.48 billion US dollars), which is about 1.2 percent of annual GDP.

    The report notes that such tariff policies are becoming a catalyst for global economic turmoil, undermining investment confidence and hindering the coordinated development of industrial ecosystems around the world.

    “Many companies’ investment projects are being postponed or cancelled,” says G. Simon. “When companies stop expanding and start waiting, it sets off a chain reaction that can become a systemic brake.”

    INTERDEPENDENCE AND RISK

    Despite rising tensions, economic ties between the United States and Germany remain strong. In 2024, the United States accounted for 10.4 percent of German exports, the highest level since 2002. Last year, Germany also posted a record trade surplus with the United States of €69.8 billion.

    But German executives warn that unpredictable trade policy is undermining trust in the global rules-based trading system. In a world of tightly interconnected supply chains, sudden changes not only cause disruptions, they threaten the foundations of long-term industrial cooperation.

    This is particularly acute for mid-sized manufacturers like Tornado, which are often referred to as the “backbone” of the German economy. Unlike global multinationals, such firms cannot easily relocate production or overcome geopolitical upheavals. Their competitiveness depends on a stable environment, long-term investments and deeply integrated supplier networks.

    In the current circumstances, Germany faces significant challenges: it must uphold open market principles, restore confidence in industry and support its manufacturing sector in a world where economic certainty is increasingly difficult to find.

    While the US justifies its “equivalence tariff” policy on the principle of fairness, critics argue that this approach puts national interests above global stability. This could have the opposite effect, disrupting supply chains and harming American consumers. –0–

    MIL OSI Russia News –

  • MIL-OSI Global: Fancy letting off steam with a beer before the sauna? Here’s why that might be a bad idea

    Source: The Conversation – UK – By Dan Baumgardt, Senior Lecturer, School of Physiology, Pharmacology and Neuroscience, University of Bristol

    Nick Mayorov/Shutterstock

    Saunas have long been spaces for rest, recovery, and even the occasional business deal. Personally, though, they’re not my cup of tea: too claustrophobic, too stifling and always with that distinct sensation that my nasal hairs have been singed away by the heat.

    Watching that episode of The Simpsons where Homer gets trapped in a sauna and emerges looking like a steamed clam – miraculously alive – was the final nail in the coffin. I haven’t stepped into one since.

    Despite my reservations, sauna culture is rich and diverse, transcending borders and histories. While they’re an integral part of Scandinavian life, especially in Finland, saunas also appear in the traditions of Japanese, Mexican and Native American cultures. There are many variations to experience – from yoga and life drawing sessions, to being gently flogged with birch branches. To each their own.

    In recent years, the concept of refreshment in sauna culture has taken on altogether different dimensions. In the UK, more are now hot-footing their way to the sauna instead of the pub than ever before.

    As a new social and wellbeing hub, fusing elements of bar and sauna cultures, it makes sense. But what of going the whole hog and drinking alcohol – before, during and after sauna sessions?

    Why mix booze with 80°C heat in the first place? Perhaps it’s the natural fusion of two social rituals: relaxing in a sauna and enjoying a drink with friends. Or maybe it appeals to the hedonist seeking novel pleasures and euphoria.

    Still, the question remains: what are the effects – and risks – of drinking alcohol in the sauna?

    To steam, or not to steam? That is the question

    First, let’s consider the benefits. Surely, there must be more to it than just clearing out a few pores? In fact, there’s a saying that describes the sauna as “a poor man’s pharmacy.”

    Numerous studies have explored the potential health benefits of sauna use. For instance, Japanese researchers have studied Waon therapy, literally, soothing warm therapy, (a lower-temperature sauna treatment) in patients with ischaemic heart disease, where narrowed arteries increase the risk of heart attacks.

    Their findings showed evidence of clinical improvement in these patients. Other studies have reported benefits in conditions such as peripheral arterial disease and even in recovery after a heart attack.

    Sauna use may also help manage high blood pressure and certain lung diseases. Some research also suggests benefits such as improved wound healing and even lower risks of developing dementia and Alzheimer’s disease.

    The heat is on

    But it’s not all steam and serenity. To understand the risks, especially when alcohol is involved, we need to look at how the body responds to heat – and to booze.

    The hypothalamus, a region deep in the brain, regulates our core temperature. In response to heat, it boosts blood flow to the skin and ramps up sweating, helping us cool down. But this also increases the risk of dehydration. Combine that with alcohol, a diuretic that further depletes fluids, and the risk rises significantly.

    Both alcohol and high temperatures can affect cardiovascular function, often lowering blood pressure and increasing heart rate. This can lead to dangerous heart rhythm abnormalities (arrhythmias).

    Then there’s the impact on the brain. Alcohol of course impairs judgement and coordination – two things you’d definitely want intact in a room full of heat, slippery surfaces and scalding water.

    Put all this together and what do you get? A dehydrated, overheated, intoxicated subject with a racing heart and plummeting blood pressure. Dizziness, fainting and confusion may follow, raising the risk of falls, burns, or even drowning.

    Collapsing or falling unconscious in the sauna can prove dangerous. One sobering example comes from a case reported in the American Journal of Forensic Medicine and Pathology, where a person sustained severe injuries, including burns, in just seven minutes of sauna exposure – tragically resulting in death. Another study from Finland found a growing link between accidental sauna deaths and alcohol intoxication.

    The key takeaway here? If you’re going to drink, do it after your sauna session – not before or during. Those who are intoxicated should avoid saunas altogether, or at the very least, be closely supervised.

    Basic safety advice still applies: limit sauna sessions to short durations, cool down afterwards (via swimming or showering) and rehydrate with non-alcoholic beverages.

    While the science behind saunas is still evolving, their millennia-long appeal speaks for itself. They offer real benefits – but mixing heat with alcohol could be a cocktail that burns more than it soothes.

    Dan Baumgardt 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. Fancy letting off steam with a beer before the sauna? Here’s why that might be a bad idea – https://theconversation.com/fancy-letting-off-steam-with-a-beer-before-the-sauna-heres-why-that-might-be-a-bad-idea-255703

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Man given suspended jail term for illegal Lincolnshire waste site

    Source: United Kingdom – Executive Government & Departments

    Press release

    Man given suspended jail term for illegal Lincolnshire waste site

    The Environment Agency has successfully prosecuted a Lincolnshire man for running an illegal waste site at Thorpe Farm, Skendleby, in East Lindsey.

    A pile of waste which was on site.

    • Court imposes fines, costs and confiscation order on director and his company for nearly £100,000
    • Judge tells defendant he ran business in ‘arrogant and bullish’ manner
    • Environment Agency officer verbally abused during site inspection.

    At Lincoln Crown Court on Wednesday 7 May 2025, Matthew Berry, 46, of Ivy House Farm, Blyborough, near Gainsborough, received a suspended sentence of 36 weeks. This is on condition that he stays out of trouble and abides by a curfew between 9pm and 5am for a 3 month period. He was also ordered to pay £5,000 in costs and a surcharge of £154.

    Berry’s company, SBR Foxhills Limited, was fined £20,000 and ordered to pay costs of £29,626.35 and a £190 surcharge.

    The defendant and company also have a confiscation order imposed of £45,000, representing the recovery of the proceeds from the crime. Berry was warned that he faces up to 12 months in prison if that sum remains unpaid after 3 months.

    In sentencing Berry, Her Honour Judge Sjolin Knight told him that he had taken an “arrogant and bullish approach.” It was also “remarkable” that he claimed not to have established his environmental obligations.

    She noted that he had run his business in such a way that he, “violated strict environmental laws that are there to protect the environment for everyone.”

    The court was told that in the spring of 2021, Berry, the sole director of SBR Foxhills Limited, became interested in a site at Thorpe Farm.

    With a view to the company purchasing the site, he took over the control in April and began a clearance operation.  The site had no environmental permit or other authorisation to store or treat waste.

    There was a lot of waste already on the site.  He agreed to move baled waste that had been stacked in a building. He also agreed to remove waste vehicles to a breakers’ site and brought heavy plant to the site for that purpose.

    However, rather than clearing and improving the site, he dumped the baled waste on a concrete pad. This was porous, cracked, had no sealed drainage and had an unsealed manhole cover that led to a void.  He then abandoned the site leaving the baled waste exposed to the elements which inevitably caused it to degrade. 

    Environment Agency officers visited the site and Berry told them that he intended to clear the area. They gave him advice and attempted to work with him.  He agreed to provide the requisite waste transfer notes that would prove lawful removal.

    By November 2021, it was clear that the site had not been abandoned.  Officers continued to try to work with him but their attempts were rejected.

    On one occasion, Berry verbally berated a senior officer telling him that he hoped he got cancer and died.  Not content with his verbal abuse, he followed up his unpleasant words a few minutes later with a similarly offensive email. 

    Both Berry and his company entered not guilty pleas at a hearing at Lincoln Crown Court in June 2022.  However, shortly before their trial was due to start, in November 2023, they changed their pleas to guilty.  They were finally sentenced at Lincoln Crown Court on 7 May 2025.

    As part of its investigations, the Environment Agency used drones for routine inspections to safely capture evidence of the waste activities. This use of technology is an on-going feature of the agency’s work.

    Yvonne Daly, an environment manager for the Environment Agency in Lincolnshire and Northamptonshire, said:

    Rogue contractors and operators in the waste sector should take note we will not tolerate illegal waste activities in Lincolnshire.

    We will take enforcement action to protect the environment, people and legitimate businesses.

    And we will not tolerate abuse or bad behaviour to our officers – everyone should be treated with respect.

    We would also like to thank the fantastic support from Lincolnshire Police and East Lindsey District Council throughout this case.

    Anyone with suspicions of waste crime can call our incident hotline, 0800 807060, or Crimestoppers, on 0800 555111.

    The Charges

    Charge 1: operating a non-exempt waste operation without a permit, contrary to Regulations 12 and 38(1)(a) of the Environmental Permitting (England and Wales) Regulations 2016.

    Particulars of offence

    SBR Foxhills Limited, between the 8 April 2021 and 26 February 2022 operated without an environmental permit a regulated facility, namely a waste operation for the treatment and storage of waste at Thorpe Farm, Skendleby. 

    Charge 2: operating a non-exempt waste operation without a permit, contrary to Regulations 12 and 38(1)(a) of the Environmental Permitting (England and Wales) Regulations 2016.

    Particulars of offence

    Matthew Berry, between the 8 April 2021 and 26 February 2022, by consent, connivance or neglect, allowed the company SBR Foxhills Limited to operate without an environmental permit a regulated facility, namely a waste operation for the treatment and storage of waste at Thorpe Farm, Skendleby.

    Updates to this page

    Published 9 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Nations: Major port explosions signal need for urgent action to strengthen safety and security in managing hazardous chemicals worldwide

    Source: United Nations Economic Commission for Europe

    The massive explosion and fires that rocked the Shahid Rajaei port near Bandar Abbas, Iran, on 26 April 2025 took the lives of at least 57 people and injured over 1,200, according to media reports. The port’s activities and surrounding community were severely impacted and the hazardous smoke could have severe health and environmental effects. The government has stated that negligence and non-compliance with safety measures regarding the storage and handling of hazardous chemicals were the causes.  

    To prevent and mitigate the effects of future incidents, Member States worldwide are invited to engage in UNECE’s current interagency work to support governments  to strengthen safety and security measures across sectors for the  management of hazardous chemicals.  

    Major port explosions in Lebanon (Beirut port in 2020) and China (Tianjin port in 2015), as well as blasts in Equatorial Guinea (Bata barracks in 2021) and USA (West Fertilizer Explosion in 2013), have had lasting impacts. These resulted from inadequate storage and handling of hazardous chemicals and in some cases prompted governments to strengthen their inspections of chemical facilities, review inventories, follow-up on non-compliance and suspected irregularities and raise public awareness. As governments review and improve safety measures, risks need to be carefully assessed against the background of the ongoing global energy transition, aiming to mitigate climate change, while also adapting to its increasing impacts. Certain hazardous substances and technologies affiliated with the energy transition have potential to cause accidents if not properly managed. In a changing climate, increasingly severe and frequent natural hazards can trigger accidents and exacerbate their effects.  

    International instruments and standards support governments to manage risks of hazardous chemicals to prevent, prepare for and respond to industrial accidents. At UNECE, the Industrial Accidents Convention provides principles and guidance to manage technological disaster risk, aiming to enhance industrial safety nationally and across borders, in a  transboundary context. At UN level, the Globally Harmonized System of Classification and Labelling of Chemicals (GHS) and UN Recommendations on the Transport of Dangerous Goods lay out measures to safely store, handle and transport hazardous chemicals.  

    ILO, IMO, UNDRR, UNEP, UNEP/OCHA Joint Environment Unit, UNITAR, WHO, OECD, the European Commission and European Investment Bank also support risk management from different angles, with their respective legal and policy instruments and guidance.  

    UNECE has also initiated a partnership with these organizations to follow-up on the 2020 Beirut port explosion and implement a three-year global project, supported by the European Union and the European Investment Bank. The initiative aims to promote and improve knowledge of international instruments that apply along the lifecycle of chemicals for preventing and mitigating accidents, strengthen capacities for related policies and governance and increase knowledge of authorities on preparedness and response.  

    A new video that introduces the risks of managing hazardous chemicals and tools available to manage them; a forthcoming information repository and report with more information on international instruments and national good practices; and a global seminar on this topic within the framework of the 14th meeting of the Conference of the Parties to the Industrial Accidents Convention at the end of 2026.  

    International cooperation and coordination, including across sectors, are key to enhancing knowledge and developing tools to avoid future incidents involving hazardous chemicals and to protect people, the environment and economies from them. 

    MIL OSI United Nations News –

  • MIL-OSI: Extension of subsidiary Management Board Member’s terms of office

    Source: GlobeNewswire (MIL-OSI)

    On May 8, 2025, the Supervisory Board of AS Elenger Grupp, a subsidiary of Aktsiaselts Infortar, approved the extension of Management Board Member Raul Kotov’s terms of office for an additional three years, until April 30, 2028. 

    Infortar operates in seven countries, the company’s main fields of activity are maritime transport, energy and real estate. Infortar owns a 68.47% stake in Tallink Grupp, a 100% stake in Elenger Grupp and a versatile and modern real estate portfolio of approx. 141,000 m2. In addition to the three main areas of activity, Infortar also operates in construction and mineral resources, agriculture, printing, and other areas. A total of 110 companies belong to the Infortar group: 101 subsidiaries, 4 affiliated companies and 5 subsidiaries of affiliated companies. Excluding affiliates, Infortar employs 6,296 people.

    Additional information:

    Kadri Laanvee
    Investor Relations Manager
    Phone: +372 5156662
    e-mail: kadri.laanvee@infortar.ee 
    www.infortar.ee/en/investor

    Attachment

    The MIL Network –

  • MIL-OSI: Endeavor Bancorp Declares 2% Stock Dividend

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, May 09, 2025 (GLOBE NEWSWIRE) — Endeavor Bancorp (OTCQX: EDVR) (the “Company,” or “Bancorp”), the holding company for Endeavor Bank (the “Bank”), today announced its Board of Directors has declared a 2% stock dividend to be distributed on May 22, 2025, to shareholders of record on May 9, 2025 (the “Record Date”).

    Shareholders will receive two additional shares of common stock for every 100 shares currently owned. A cash payment will be made in lieu of fractional shares in an amount equal to the product of (a) the fair value of a share of common stock on the Record Date, multiplied by (b) the applicable fraction of one share of common stock owned by the shareholder.

    “As our franchise continues to deliver strong earnings, we are pleased to be able to pay a stock dividend to our loyal shareholders,” said Dan Yates, CEO. “We view this stock dividend as a means of improving trading liquidity by increasing the number of shares available.”

    About Endeavor Bancorp 

    Endeavor Bancorp, the holding company for Endeavor Bank, is primarily owned and operated by Southern Californians for Southern California businesses and their owners. The bank’s focus is local: local decision-making, local board, local founders, local owners, and relationships with local clients in Southern California.

    Headquartered in downtown San Diego in the Symphony Towers building, the Bank also operates a loan production and executive administration office in Carlsbad, a branch office in La Mesa, and an office in LA/Inland Empire. Endeavor Bank provides traditional business banking services across a broad spectrum of industries and specialties. Unique to the bank is its consultative banking approach that partners our business clients with Endeavor Bank’s senior management. Together, we build strategies and provide resources that solve problems, plan for the future, and help clients’ efforts to grow revenues and profits. Endeavor Bancorp trades on the OTCQX® Best Market under the symbol “EDVR.” Visit www.endeavor.bank for more information.

    Endeavor Bank is rated by Bauer Financial as Five-Star “Superior” for strong financial performance, the top rating given by the independent bank rating firm. DepositAccounts.com awarded Endeavor Bank an A rating.

    EDVR Shareholders 

    With many of our shareholders transferring their EDVR shares to their brokerage companies, along with ongoing trading taking place, Endeavor Bancorp may not have the most current shareholder contact information. If you are an EDVR shareholder and would like to receive information via a more timely method, please complete the Shareholder Communication Preference Form on our website: https://www.bankendeavor.com/investor-relations so we can keep you updated on EDVR news, and invite you to various shareholder networking events throughout the year. 

    Forward-Looking Statements 

    This press release includes “forward-looking statements,” as such term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the current beliefs of the Company’s directors and executive officers (collectively, “Management”), as well as assumptions made by and information currently available to the Company’s Management. All statements regarding the Company’s business strategy and plans and objectives of Management of the Company for future operations, are forward-looking statements. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect” and “intend” and words or phrases of similar meaning, as they relate to the Company or the Company’s Management, are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Important factors that could cause actual results to differ materially from the Company’s expectations (“cautionary statements”) are loan losses, rapid and unanticipated deposit withdrawals, unavailability of sources of liquidity, additional regulatory requirements that may be imposed on community banks or banks generally, changes in interest rates, loss of key personnel, lower lending limits and capital than competitors, regulatory restrictions and oversight of the Company, the secure and effective implementation of technology, risks related to the local and national economy, the effect on customers, collateral value and property insurance markets of the recent wildfires in the Los Angeles metropolitan area and similar events in the future, changes in real estate values, the Company’s implementation of its business plans and management of growth, loan performance, interest rates, and regulatory matters, the effects of trade, monetary and fiscal policies, inflation, and changes in accounting policies and practices. Based upon changing conditions, if any one or more of these risks or uncertainties materialize, or if any underlying assumptions prove incorrect, actual results may vary materially from those described as anticipated, believed, estimated, expected, or intended. The Company does not intend to update these forward-looking statements.

    Endeavor Bancorp Contact Information:
    (858) 230.5185
    Dan Yates, CEO
    dyates@bankendeavor.com

    (858) 230.4243
    Steve Sefton, President
    ssefton@bankendeavor.com

    The MIL Network –

  • MIL-OSI: Odynn and Monkey Miles Announce Strategic Partnership

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) — Odynn, a full modular embedded loyalty and next-gen program manager leveraging AI/ML, and Monkey Miles, a leading travel and lifestyle platform, are proud to announce a new strategic partnership. This collaboration integrates Odynn’s award-winning white label holistic travel portal, Awayz, into the Monkey Miles platform, enhancing the travel booking experience for its users.

    The partnership combines Monkey Miles’ expertise in helping travelers maximize credit card points and loyalty rewards with Odynn’s advanced Awayz software, which simplifies booking flights and hotels using points, miles, cash, or a combination of all three. By embedding the Awayz solution, Monkey Miles aims to provide its audience with seamless real-time comparisons of pricing options, offering the best value and an optimized booking process.

    The integration also gives users access to enhanced tools such as award availability alerts, loyalty program integration, and recommendations for maximizing savings during bookings—all without the hassle of switching between multiple platforms.

    “At Odynn, we believe that travel rewards should be effortless and rewarding,” said John Taylor Garner, CEO and Founder of Odynn. “By partnering with Monkey Miles, we’re bringing the power of our Awayz platform to travelers who want to maximize every point and mile with ease. This collaboration ensures that users get the best value without the complexity—just seamless, optimized booking at their fingertips.”

    “With this partnership, both companies have aligned to create a more personalized and efficient user experience for avid travelers, in addition to driving engagement and revenue for both platforms.” said Zachary Burr Abel, CEO and Founder of Monkey Miles.

    About Odynn

    Odynn is an AI-powered, fully modular platform that helps fintechs, banks, card issuers, and travel companies launch embedded travel, loyalty, and rewards programs. Its white-label solution and APIs drive cardholder engagement while unlocking new revenue streams. Think Shopify for loyalty and travel.For more information, visit www.odynn.com.

    About Monkey Miles

    Monkey Miles is a trusted platform for helping travelers maximize credit card points, miles, and loyalty rewards. Known for its in-depth reviews, guides, and deals, Monkey Miles empowers the travel community with knowledge and resources for first-class travel on a budget. For more details, visit www.monkeymiles.com.

    For Media Queries, Please Contact:

    Yohan Mehary

    Chief of Staff

    yohanmehary@odynn.com

    The MIL Network –

  • MIL-OSI Global: Nasa’s planned budget cuts could set back space science, but show how to future-proof the agency

    Source: The Conversation – UK – By Loizos Heracleous, Professor of Strategy, Warwick Business School, University of Warwick

    Illustration of the Orion spacecraft. Nasa

    The 2026 Nasa budget proposal would slash around US$6 billion (£4.4 billion) in funding. This is a huge reduction, amounting to around 25% of recent Nasa budgets. The savings would mainly come from Nasa science programmes, potentially devastating high profile missions and international collaborations.

    However, the budget proposal also represents an intentional redirection of Nasa’s focus by government through resource allocation. The state has long supported the development of a robust commercial space sector, and this budget is a further step in that direction.

    Congress will have the final say and the cost to science could be high if the budget goes through without major amendments. One casualty could be Mars Sample Return (MSR), a joint endeavour with the European Space Agency that is intended to retrieve Martian soil and rock collected by the Perseverance rover and deliver it to laboratories on Earth.

    An audit of MSR released in February 2024, suggested that the mission’s overall cost could exceed US$7.5 billion (£5.6 billion). The timescale for the mission was also slipping into the 2040s.

    Nasa agreed to look at quicker and cheaper ways of carrying out the mission, a process which is ongoing. But as a big ticket item under the agency’s Science Directorate, MSR could nevertheless be cancelled if the proposed budget were to be passed.

    Other projects likely to be affected include the Nancy Grace Roman Space Telescope, which aims to investigate dark energy and exoplanets, and the DaVinci mission to Venus, which seeks to study the planet’s dense atmosphere and surface composition. Since the James Webb Space Telescope is already constructed and operating, it is expected to continue doing so.

    However broader funding reductions for Nasa’s Science Mission Directorate, from US$7.3 billion (£5.4 billion) to US$3.9 billion (£2.9 billion), may limit the scope of future projects and the pipeline of early innovations.

    The Nancy Grace Roman telescope could be one casualty of the budget proposal.
    Nasa

    The proposed budget could also lead to an accelerated retirement for the Space Launch System (SLS) rocket and the Orion crew capsule. These are the vehicles designed to carry US astronauts to the Moon under a Nasa programme called Artemis.

    This programme aims to establish a permanent US base on the Moon, allowing astronauts to carry out science and to learn how to make use of lunar resources –such as the abundant water ice sitting in craters at the poles.

    This ice could be turned into water for life support and chemically split to provide propellant for spacecraft. This could bring down the cost of space exploration because it would avoid having to transport supplies from Earth.

    The retirement of the SLS and Orion would happen after the Artemis III mission, which is planned to be the first to land astronauts on the Moon since Apollo 17 in 1972. This decision suggests that the administration has heeded those who warn that if China gets to the Moon’s surface before the US, it could damage American space leadership.

    But it also implies that White House officials are in no hurry to build up a sustained presence on the lunar surface, as laid out under the Artemis plan, since finding replacements for Orion and the SLS will take time.

    With each SLS launch costing upwards of US$4 billion, the rocket’s longer term financial sustainability has been repeatedly called into question. Cancelling the SLS and Orion could also lead to thousands of job losses. These concerns are valid. However, in a robust industry, there is opportunity for people.

    Globally, the space industry is growing fast, with a value of US$570 billion (£427 billion) in 2023, having grown 7.4% from the previous year. A flexible and vibrant industrial sector could offer ample opportunity for displaced workers.

    Other commercial players such as Blue Origin, Rocket Lab and Sierra Space are developing their own launch systems, crewed vehicles, and – in some cases – space stations. This competitive ecosystem accelerates innovation and reduces costs, which ultimately benefits the broader economy and the country.

    Having said all that, critics say an extended hiatus in crewed lunar exploration while commercial companies develop these spacecraft may hand China the advantage when it comes to establishing a dominant presence on the Moon.

    Past precedent

    The White House budget proposals are a request and not law. Congress has the final say in whether these programs are retired and when. There are precedents: in 2010 the Obama administration proposed the wholesale cancellation of the second Bush administration’s Constellation program to return to the Moon. However, Congress intervened to rescue the Orion spacecraft.

    While Constellation’s two rockets – the Ares I and Ares V – were technically cancelled, the SLS (which in many ways resembles the Ares V) was conceived as a compromise.

    If approved, the proposed budget cuts would usher Nasa more strongly towards an orchestrator or “systems integrator” role. This would see the agency convening and coordinating a complex web of commercial, academic, and international participants. Nasa would therefore shift towards focusing on oversight, seeding innovation, and ensuring mission coherence.

    The agency already has experience of public-private partnerships such as the programs that resupply the International Space Station with cargo and crew. The Artemis programme also aims to involve private companies as partners rather than simply contractors.

    The proposed cuts would indeed disrupt the agency, but they are also emblematic of a shift in national priorities toward support for the development of space capabilities by private companies. Many Nasa programmes carry high symbolic or scientific value – sometimes both.

    But in some cases, their costs are difficult to defend when commercial alternatives could be developed for either the full mission or parts of the mission at a fraction of the cost.

    As Nasa shifts toward an orchestrator role and the commercial space sector matures, these changes, though painful in the short term, may serve the interests of US leadership in space over the long term.

    Loizos Heracleous 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. Nasa’s planned budget cuts could set back space science, but show how to future-proof the agency – https://theconversation.com/nasas-planned-budget-cuts-could-set-back-space-science-but-show-how-to-future-proof-the-agency-256103

    MIL OSI – Global Reports –

  • MIL-OSI Global: Why eating too much ginger, turmeric or cinnamon could interfere with your prescription medication

    Source: The Conversation – UK – By Dipa Kamdar, Senior Lecturer in Pharmacy Practice, Kingston University

    Halil ibrahim mescioglu/Shutterstock

    A sprinkle of cinnamon on your porridge, a pinch of turmeric in your curry, or a dash of ginger in your biscuits – these popular spices are kitchen staples around the world. For centuries, spices haven’t just been used to flavour food but also valued in traditional Ayurvedic and Chinese medicine for their healing properties. But could something as innocent as a spoonful of spice interfere with your medication?

    Take cinnamon, for example. Sourced from the bark of Cinnamomum trees, it contains active compounds like cinnamaldehyde, eugenol and coumarin. Cinnamon oil, derived from the bark or leaves, is often used in food flavouring, fragrances and herbal remedies.

    Cinnamon has been linked to a range of potential health benefits: it’s rich in antioxidants, it may reduce inflammation, it helps regulate blood sugar levels, it lowers the risk of heart disease, and even improves brain function. Traditionally, it’s also been used to ease digestion and ward off infections.

    But a recent study from the University of Mississippi has raised concerns that cinnamon could reduce the effectiveness of certain medications. In lab tests, cinnamaldehyde was found to activate receptors that speed up how drugs are cleared from the body – potentially making them less effective. While this research is still in the early stages and hasn’t yet been tested in humans, it raises important questions about how cinnamon interacts with modern medicines.

    The type of cinnamon matters too. The cinnamon commonly found in supermarkets – cassia cinnamon – is cheaper, widely available and comes from parts of Asia. Ceylon cinnamon, often labelled as “true cinnamon,” originates from Sri Lanka and is generally more expensive. Cassia cinnamon contains higher levels of coumarin, a natural compound that can harm the liver in high doses, according to studies. Coumarin is also a known anticoagulant, meaning it helps prevent blood clots, which is useful in medicine but risky when combined with blood-thinning drugs like warfarin.

    There have been a few case reports suggesting that cinnamon supplements could increase the risk of bleeding when taken with anticoagulants. This is probably due to coumarin affecting liver enzymes responsible for breaking down drugs like warfarin. Some research also suggests cinnamon could potentially interact with other medications, including painkillers, antidepressants, anti-cancer drugs and diabetes medications.

    But before you throw out your spice rack, it’s important to remember: the risks come from high doses, particularly in supplement form. A light sprinkle of cinnamon on your porridge is unlikely to cause problems.

    Small doses

    Another spice with medicinal promise – and potential risks – is turmeric. Known for its vivid yellow colour and use in both cooking and traditional medicine, turmeric contains curcumin, a compound praised for its anti-inflammatory and antioxidant effects.

    However, information on turmeric’s interactions with medications is still limited. Most of what we know comes from lab and animal studies, which don’t always translate directly to humans. Still, there’s evidence that curcumin can affect how some drugs are metabolised, particularly by interfering with liver enzymes. This means it could potentially interact with antidepressants, blood pressure medications, chemotherapy drugs and certain antibiotics.

    Turmeric also has natural blood thinning properties, which could amplify the effects of medications like warfarin or aspirin. Animal studies suggest turmeric may also lower blood sugar, meaning it could increase the effects of anti-diabetic drugs or insulin. Additionally, turmeric has been shown to reduce blood pressure, which, when combined with blood pressure medications, could cause an excessive drop.

    As with cinnamon, these effects are most often linked to high dose supplements, not the small amounts used in food.

    Ginger is another spice celebrated for its health benefits, particularly its anti-nausea and anti-inflammatory effects. But its active compounds, including gingerol, may also influence how your body handles medications.

    Ginger can act as a mild blood thinner, which means combining it with anticoagulants could raise the risk of bleeding. The evidence is mixed when it comes to ginger and diabetes: while some studies suggest it may lower blood sugar, more research is needed to fully understand the effect it may have when taken alongside anti-diabetic medications.

    High doses

    While lab studies suggest these spices may affect how the body processes certain medications, the vast majority of these effects have been observed in high doses –usually from supplements, not everyday cooking.

    If you’re taking medications, especially blood thinners, diabetes medicines, or chemotherapy drugs, it’s worth having a quick chat with your doctor or pharmacist before starting any new herbal supplements. But for most people, using spices in typical culinary amounts is safe – and a delicious way to add both flavour and potential health benefits to your meals.

    So go ahead: sprinkle, pinch, or dash – just be mindful of what’s in your medicine cabinet – and be wary of taking any herbal supplement in high does.

    Dipa Kamdar 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 eating too much ginger, turmeric or cinnamon could interfere with your prescription medication – https://theconversation.com/why-eating-too-much-ginger-turmeric-or-cinnamon-could-interfere-with-your-prescription-medication-255527

    MIL OSI – Global Reports –

  • MIL-OSI Global: Major brands don’t need to kowtow to Trump: they have the power to bring people together

    Source: The Conversation – UK – By Michael Beverland, Professor of Brand Management, University of Sussex Business School, University of Sussex

    Whatever you think of his personality or politics, it’s impossible to deny the success of Donald Trump as a brand. Supporters and detractors across the world are transfixed by his second term as US president.

    And so far, many corporate brands appear keen to get alongside him. The leaders of Tesla, Amazon and Meta were all prominent guests at Trump’s inauguration in January 2025.

    By then, Mark Zuckerberg had already shifted company policy on fact checking to be more aligned with the political wind. Weeks later, retail giants Walmart and Target had rolled back diversity, equality and inclusion (DEI) initiatives.

    Even the NFL, which had so infuriated Trump in his first term with its support for diversity, has come to heel.

    So now that Trump is back in town, is the only option available to big US organisations to swing to the right? Well, not necessarily.

    Our research suggests that the rise of populism actually represents an opportunity for brands to rebuild a sense of shared national identity.

    And the most well-known brands are the best placed to do this. Their familiar place in people’s everyday lives gives them huge power as non-political agents of collective identity which can cross divides of race, class, geography and age.

    A great example of this was during the presidential election campaign when Trump’s team wanted to organise a publicity stunt involving the Republican candidate “working” at a branch of McDonald’s in Pennsylvania.

    Trump’s love of the golden arches is well known, but McDonald’s is a strongly non-political brand. So what should it do? Refuse and risk a backlash, or accept and be accused of taking sides?

    In the end, the company’s response was a masterclass in neutrality.

    McDonald’s told its employees that the company was neither red (Republican) nor blue (Democrat), but golden. Referring to both presidential candidates’ love of McDonald’s, the company made it clear that the permission granted to Trump illustrated one of their core values, stating: “We open our doors for everyone”.

    The plan worked. And this was partly down to McDonald’s being widely thought of as an authentic brand which connects people.

    Research has shown that people really value a company’s place in local communities. And McDonald’s is a place which hosts children’s birthday parties, where you can catch up with friends, where you might even have had your first ever job.

    This kind of power to unify is something other brands can do too. As something our earlier research shows, brands can benefit from bringing people together, by creating a sense of shared identity.

    Brand new

    In New Zealand for example, ANZ Bank was widely applauded for a campaign featuring Indian immigrants. The advert tells the story of a father and son and their mixed cricketing loyalties (the parent to India, the child to New Zealand).

    It is a tale of immigrants achieving their version of the national dream, through hard work and trademark Kiwi humour. This kind of narrative-driven campaign does not pitch one side against another, but instead highlights the things that bind people together.

    Similarly in the UK, the department store John Lewis has become a seasonal advertising staple as it reminds customers of their shared rituals over Christmas. And Kraft’s “How do you love your Vegemite” campaign allowed new immigrants to participate in local snacking rituals, helping them feel Australian.

    In the US, a 1971 Coca Cola commercial (one of the most lauded adverts ever) presented a united multi-cultural collection of young people as a response to the anti-Vietnam war counter-culture.

    So far, American brands have struggled to navigate the ever-shifting pronouncements coming from the White House in Trump’s second term. Amazon for example, quickly went back on its decision to list the cost of tariffs on products after it was branded a “hostile move”.

    But one brand does stand out. And that’s Ford.

    Perhaps it was inevitable that the car maker which came to symbolise successful 20th century American manufacturing would get this right. And the company’s decision to extend employee discounts to all consumers in what it describes as “unprecedented times” is a clever move.

    Some might call it a cynical tactic to embrace Trump’s tariffs and encourage Americans to buy American. But the firm (which will likely take a huge hit from more expensive imported parts and materials) is doing much more than that.

    Its new campaign (with the slogan “From America for America”) reminds US citizens that the brand is part of their lives, regardless of their political home. Supportive full-page print ads go further, setting out the firm’s long history spent backing the people of America.

    One Ford executive says that the campaign is about “authenticity” and Ford being a brand “that all consumers can rely on, especially in these uncertain times”.

    Authenticity is much prized when the political landscape is so polarised. And while divisions cannot be healed solely by brands, they can help to remind us of shared values and a sense of community. And in doing so, dial down those political tensions.

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

    – ref. Major brands don’t need to kowtow to Trump: they have the power to bring people together – https://theconversation.com/major-brands-dont-need-to-kowtow-to-trump-they-have-the-power-to-bring-people-together-249401

    MIL OSI – Global Reports –

  • MIL-OSI Europe: Ministry Confirms International Joint Bookrunners for Upcoming Íslandsbanki Share Offering

    Source: Government of Iceland

    Yesterday, Alþingi approved amendments to the Act on the Disposition of the State’s Holding in Íslandsbanki hf. The offering is scheduled to take place during the first half of the year through a fully-marketed offering, with individuals given priority access. The legislative framework, established last year for the sale of the state’s remaining shares, ensures that due consideration is given to objectivity, efficiency, equality, and transparency. Particular emphasis is placed on ensuring that the entire process earns and maintains public trust.

    On 30 April, the Ministry of Finance and Economic Affairs solicited expressions of interest from parties to assist with the share sale, with the application deadline on 2 May. The project attracted strong interest, particularly from international parties.

    Following this process, the Ministry has decided to enter into agreements with four international firms to manage the sale of shares in the upcoming offering as joint bookrunners. The domestic firms that will take part in the offering will be announced shortly. The appointed international firms are Arctic Securities AS, JP Morgan SE, UBS Europe SE, and ABN AMRO Bank N.V. (in cooperation with ODDO BHF SCA.) As previously announced Barclays Bank Ireland PLC, and Citigroup Global Markets Europe AG and Kvika banki hf. have been mandated to act as joint global co-ordinators and joint bookrunners to plan and oversee the offering, as well as manage the order books.

    All selected parties are licensed to place offerings of financial instruments without underwriting, in accordance with Icelandic financial market legislation. They will operate under the terms of the offering structure and will receive a sales commission amounting to 0.75% of the value of the shares they place.

    MIL OSI Europe News –

  • MIL-OSI United Kingdom: Hertfordshire waste boss to pay £79,000 gained from illegal sites

    Source: United Kingdom – Executive Government & Departments

    Press release

    Hertfordshire waste boss to pay £79,000 gained from illegal sites

    Quarry director let waste mountains pile up way beyond legal amount. Enough waste at one site to nearly fill the Royal Albert Hall 3 times

    Codicote Quarry, near Stevenage, was one of three locations at the centre of this illegal waste operation

    A former teacher who filled 2 quarries in Hertfordshire with illegal waste has been ordered to pay thousands of pounds following an investigation into proceeds of crime.

    Liam Winters presided over the illegal disposal of assorted rubbish at Codicote Quarry, near Stevenage.

    An investigation by the Environment Agency found approximately 200,000 cubic metres of household, commercial and industrial waste, as well as electrical items, car parts, furniture, food packaging, wood and metal. It could have filled the Royal Albert Hall nearly 3 times over.

    An Environment Agency investigator inspects waste hidden in a futile attempt to avoid it being found

    Winters, of Warwickshire, also ignored the Environment Agency’s instructions to stop filling Anstey Quarry, at Buntingford, near Royston, with banned waste such as plastic, wood, metal and packaging, all broken into tiny pieces.

    The waste piled up at Anstey Quarry scaled the height of 5 double-decker buses

    He was given 17 months in prison in October 2023 for dumping the illegal waste at the 2 sites and a nearby shooting ground.

    The piles of waste at Anstey reached 20 metres into the sky, the height of 5 double-decker buses. 

    The Anstey Quarry Company Ltd, of which Winters was a director, leased the quarry, with a permit from the Environment Agency to treat and dispose of up to 10,000 cubic metres of clean soil waste a year.

    Investigators estimated as much as 250,000 cubic metres of harmful biodegradable materials was buried there.

    Soil was used at all 3 sites to cover some of the waste in an attempt to avoid detection.

    Judge Caroline Wigin, sitting at Luton crown court on 8 May, ordered Winters, to pay £78,835. This followed an proceeds of crime investigation by the Environment Agency’s national economic crime unit.

    The money will be split between His Majesty’s Courts and Tribunals Service and the Environment Agency. Winters faces 2 more years in prison if he doesn’t pay within 3 months. The 48-year-old, of High Street, Hillmorton, Rugby, also has to pay a victim surcharge of £120.

    Barry Russell, environment manager for the Environment Agency in Hertfordshire, said:

    “We are determined that waste operators who break the law don’t benefit from their crimes

    “It was clear every time we visited the sites, there was no substantial change to the illegal way they were being run.

    “Operations like Anstey and Codicote are damaging in many ways, including the potential or actual harm caused to the environment by inappropriate and illegal storage of waste materials, and the financial impact on businesses who follow the rules, pay their way and protect the environment.

    “Despite warnings from the Environment Agency to stop, Winters and the other men carried on bringing in more illegal waste.”

    The Environment Agency served an enforcement notice, ordering the business to stop taking in material at Anstey that could do damage to the ground if left in landfill.

    Codicote Quarry had a permit to treat and store a small amount of soil waste, but not hold it in huge quantities. The quarry went far beyond what was authorised by the Environment Agency.   

    Nicholas Bramwell, now 45, of Shepherds Close, Royston, was fined £1,450 and told to pay £8,000 in costs and a £120 victim surcharge after pleading guilty at an earlier hearing to burying large quantities of potentially harmful waste at Anstey Quarry and a shooting ground at Nuthampstead.

    The Environment Agency found more plastic, wood and metal in sizable quantities at the firing range, where it was used to build a 10-metre high embankment.

    Both men admitted to 5 counts of breaching regulation 38 (2) of the Environmental Permitting (England and Wales) Regulations 2010 in relation to Anstey Quarry and Nuthampstead shooting ground.

    Winters faced four more charges under the Environmental Permitting (England and Wales) Regulations 2016 and the Environmental Protection Act 1990 in relation to Codicote Quarry.

    Judge Wigin said no costs would be awarded against Winters because he had served a custodial prison sentence.

    Winters’ brother, Mark Winters, 50, of Bangor Erris, in County Mayo, received 12 months in prison in 2023, suspended for 2 years, and told to carry out 200 hours unpaid work over the waste at Codicote.

    The brothers were also banned from being company directors for 8 years.

    Luton crown court will sit on 9 July to decide on proceeds of crime payments and costs against Mark Winters and to sentence Codicote Quarry Ltd, of which the brothers were also directors.

    There is no suggestion the owners of the 3 locations played any part in the criminal activity.

    Contact us:

    Journalists only: 0800 141 2743 or communications_se@environment-agency.gov.uk.

    Updates to this page

    Published 9 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI China: China’s central bank to enhance financial services to boost consumption

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

    BEIJING, May 9 — China’s central bank will implement a series of measures to improve financial services aimed at stimulating consumer spending, according to a report released Friday by the People’s Bank of China (PBOC).

    According to the PBOC’s first-quarter 2025 monetary policy report, it will better implement the moderately loose monetary policy. At the same time, it will explore the application of structural policy tools. These tools will be used to guide financial institutions to better support consumption across key sectors, such as tourism, catering, entertainment and education.

    According to the report, the PBOC will introduce a comprehensive package of financial policies to stimulate consumption, with emphasis on supply-side support.

    Financial institutions will be encouraged to optimize credit products and services for key consumption scenarios, major strategies and priority groups, and the central bank will support auto finance companies and consumer finance firms in issuing financial bonds, said the report.

    Additionally, the central bank aims to build an efficient and convenient payment ecosystem while improving payment convenience for foreigners visiting China.

    MIL OSI China News –

  • MIL-OSI Asia-Pac: Speech by FS at Europe Day 2025 reception (English only) (with photos/video)

    Source: Hong Kong Government special administrative region

    Following is the speech by the Financial Secretary, Mr Paul Chan, at Europe Day 2025 reception today (May 9):

    Ambassador Harvey Rouse (Head of the European Union Office to Hong Kong and Macao), Deputy Commissioner Li Yongsheng (Deputy Commissioner of the Office of the Commissioner of the Ministry of Foreign Affairs of the People’s Republic of China in the Hong Kong Special Administrative Region), Consuls-General, distinguished guests, ladies and gentlemen,

    Good evening.

    It is a great pleasure to join you this evening to celebrate Europe Day — a day that honours the enduring commitment to unity and shared prosperity on the European continent.

    On this very day 75 years ago, French Foreign Minister Robert Schuman delivered a visionary declaration, proposing the creation of the European Coal and Steel Community. It laid the foundation for the European Union (EU).

    From the ruins of post-war Europe, nations once divided by conflict came together to build mechanisms of co-operation that would avert future wars and ensure long-term peace. As Schuman memorably said, and I quote: “World peace cannot be safeguarded without the making of creative efforts proportionate to the dangers which threaten it.” Those words remain as relevant today as they were in 1950.

    Today, we are once again confronted by rising geopolitical tensions and economic fragmentation, now exacerbated by unilateral tariffs unseen for generations.

    History teaches us that protectionism and unilateralism were among the factors that led to some of the 20th century’s most devastating conflicts. We must never forget those lessons. Collaboration among nations is essential to ensuring lasting peace and prosperity.

    As the Confucian saying goes, “和而ä¸�å�Œ”, harmony in diversity. We may differ in our histories, cultures and systems, but we can still work together in pursuit of common goals.

    Ladies and gentlemen, the challenges we face today, from protracted conflicts and climate change to widening development gaps, are complex and inter-connected. They cannot be resolved by a divided world. That is why the global community must stand by its commitment to multilateralism, and support the institutions and efforts to address these and many other issues.

    These are values that China, our country, firmly embraces. We advocate for an equitable multipolar world and inclusive globalisation, striving to build a community with a shared future for mankind.

    At a time of uncertainties in the global economy stemming from escalating tariff measures, our country’s message and actions are clear and consistent: China welcomes global business, remains committed to high-level opening-up, and will continue to be a source of stability and growth in the international system.

    Hong Kong, under the “one country, two systems” principle, has long served as a “super connector” between China and the rest of the world. This role demands that we remain what we have always been: an open, diverse and vibrant international city, a free port and a staunch supporter of free trade. No less important, we are committed to the rule of law backed by a judiciary exercising powers independently, firmly protecting the rights of our residents and businesses.

    I’m pleased to say that the international business community recognises our commitment, as reflected in numerous surveys and the growing number of companies choosing Hong Kong to establish their base.

    Allow me to highlight a few key areas where Hong Kong and Europe can work together to seize opportunities in today’s evolving global trade and financial landscape.

    First, as the Mainland continues to open its economy, Hong Kong serves as a strategic gateway for European companies to access the immense opportunities offered by the Greater Bay Area and the broader Chinese Mainland market. And with supply chains undergoing significant realignment, our deep ties with ASEAN (the Association of Southeast Asian Nations) make Hong Kong an ideal connector to those markets as well.

    In the financial sector, there’s an increasing demand from global investors to diversify their asset allocation. Hong Kong’s capital market provides unparalleled access to investment opportunities in one of the world’s fastest-growing regions. Hong Kong is also a global leader in asset and wealth management, providing huge opportunities for European firms in the industry.

    Climate action is another area of promising collaboration. Hong Kong is firmly committed to achieving carbon neutrality by 2050. But more than that, we are keen to work with the EU to contribute to global decarbonisation, in such areas as technology partnership, green finance, climate risk disclosures and green taxonomies.

    As Ambassador Rouse noted just now, the annual Green Way conference on sustainability, organised by the EU Office in Hong Kong, advances dialogue and co-operation. And we are happy to explore more partnerships with you in this connection.

    Beyond business and finance, we continue to treasure and welcome cultural co-operation. This includes longstanding partnerships in cultural exchange, like the annual French May Arts Festival, which is now on. Italy, let me add, is this year’s country partner for Business of Design Week.

    And, I’m glad to hear more good news: the first Europe Day Festival in Hong Kong will take place this Saturday at PMQ. The family-focused event will feature live performances. Plus plenty of fine food and drinks, dance workshops and all the cultural richness and diversity that the EU’s 27 member states offer. For that, and so much more, my thanks to the EU Office and all the EU member state Consulates General.

    Ladies and gentlemen, the opportunities for deeper co-operation between Hong Kong and the EU are long-term and far-reaching. Let us work together to seize that promise for our economies and our peoples.

    May our longstanding ties continue to flourish. Thank you very much.

    MIL OSI Asia Pacific News –