Category: Business

  • MIL-OSI: Harvey Capital Urges Tejon Ranch Co. Shareholders to Vote with Bulldog Investors, Citing Decades of Stagnant Share Price

    Source: GlobeNewswire (MIL-OSI)

    ASHBURN, Va., April 30, 2025 (GLOBE NEWSWIRE) — Harvey Capital, a holder of 5,531 shares of Tejon Ranch Co., has issued a letter to shareholders of Tejon Ranch Co. (NYSE: TRC), strongly urging them to vote FOR the nominees proposed by Bulldog Investors at the upcoming Annual Meeting on May 13, 2025. The letter asserts that the current board of directors has been ineffective at delivering a meaningful increase in share price for several decades, underscoring the need for a change in leadership and strategic direction.

    Harvey Capital believes that electing Bulldog Investors’ nominees will inject fresh perspectives and expertise into the boardroom, ultimately unlocking greater shareholder value. The firm argues that the status quo has failed to produce satisfactory returns for investors, and that supporting Bulldog Investors represents a crucial opportunity to revitalize the company’s performance.

    Harvey Capital encourages fellow shareholders to carefully consider the arguments presented in their letter and to vote in favor of Bulldog Investors’ slate of director candidates. The firm believes this change is essential to enhancing Tejon Ranch Co.’s performance and delivering stronger returns for investors who have waited far too long for meaningful share price appreciation.

    To read the full letter from Harvey Capital, please visit: https://harvey-capital.com/tejon-ranch-co-letter

    Contact:
    Will Harvey
    703-677-7991

    The MIL Network

  • MIL-OSI: Companjon and Omio expand globally with Cancel for any reason – No questions asked and no documentation required

    Source: GlobeNewswire (MIL-OSI)

    • Companjon is a global leader in CFAR and in embedded insurance solutions
    • Omio is the leading multi-modal travel booking platform
    • Omio Flex, CFAR developed with the partnership between Omio and Companjon, was first introduced in EEA countries and the UK, and now make it available for the rest of the world

    DUBLIN, April 30, 2025 (GLOBE NEWSWIRE) — Companjon, a leading Insurtech company specializing in dynamic embedded insurance, announced the rollout of its flexible cancellation solution for Omio to the rest of the world. Omio Flex was developed in partnership with the multi-modal travel booking platform, bringing ultimate flexibility to travel plans. From now on, Omio customers from all over the world can cancel their train and bus journeys for any reason up to 15 minutes before departure (depending on fare type).

    The solution is seamlessly integrated into Omio’s customer journey from purchasing to cancelling. Users can select it in the ticket configuration process. If customers with Omio Flex decide not to travel, they can simply cancel their trip and receive a payment of up to 100% of the purchase fare (depending on fare type). Omio pays the compensation directly to the customer. The solution was first introduced in EEA countries and the UK, and after a successful trial period, Omio decided to make it available for the rest of the world as well. Companjon will use its advanced technology into Omio’s booking platform and ensuring a seamless customer experience for Omio users.

    Matthias Naumann, CEO, Companjon, said: “We’ve been proud of our collaboration with Omio since day one, and we’re thrilled to take it a step further. The expansion of Omio Flex allows customers across the world to cancel for any reason, with no questions asked and no documentation required. Travellers consistently highlight flexibility as one of the most valued features when booking trips. Embedding our technology into Omio’s booking platform is essential to staying ahead of the competition. Both teams—Omio and Companjon—have invested heavily in developing this product, with our unique technology and data-driven insights playing a key role in bringing it to life.”

    Veronica Diquattro, President B2C Europe, Omio, commented, “Journeys don’t always go as planned. The ability to cancel a booking for any reason is an important cornerstone of our promise to offer seamless travel anywhere in the world. Our customer data shows that flexibility is a key travel consideration, which is why we’re excited to now offer Omio Flex globally. Companjon’s advanced technology and data insights were instrumental in helping us address the evolving demands of our users and developing this product.”

    About Omio

    Since its foundation in 2013, the Omio Group has helped customers discover new ways of travelling. Thanks to its two interconnected platforms, Omio and Rome2Rio, Omio is the world’s leading travel platform for searching, comparing, and booking. Omio B2B Partnership services OTAs and mobility providers with bespoke business solutions. Omio supports its customers in their desire to explore Europe, the US, Canada and Southeast Asia by train, bus, flight, and ferry. Omio sells more than 80,000 tickets daily, employs over 430 staff from more than 50 countries and maintains offices in Berlin, Prague, Melbourne, London and Bangalore. The Omio Group offers its customers journeys that move them.

    www.omio.com

    About Companjon 

    Companjon is a leading B2B2C Insurtech start-up specializing in fully digital, AI-driven embedded insurance. Its modern, end-to-end insurance solutions enable companies to delight their customers and drive more business value from stronger brand loyalty and new ancillary revenue opportunities. Companjon designs, builds, and underwrites its dynamic solutions on a 100% cloud-based platform capable of issuing 32,000 policies per second, integrating API gateways easily, and leveraging the latest advanced technology. It has been recognized as one of the World’s Top Insurtech Companies 2024 by CNBC and one of the world’s most innovative insurtechs by FinTech Global for four consecutive years (2021-2024).

    Companjon seeks to change the way people think about insurance by creating seamless and positive experiences when things don’t go as planned: being right there when ‘life’ happens. The company is registered in Ireland and regulated by the Central Bank of Ireland.

    www.companjon.com

    Media Contact:
    Simone Vottari
    +353 86 032 4630
    press@companjon.com

    The MIL Network

  • MIL-OSI Russia: Business Leader of the Future: What Skills and Approaches Determine Success Today

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    How can top managers adapt to rapidly changing market conditions? What is behind the effective implementation of innovative projects? Why should adult experienced specialists undergo training again? Maria Petrova, Vice President of Sales at Health, talks about all this, as well as new approaches to management, the value of partnerships, and the advantages of the HSE HSE Corporate Program “Business Leader of the Future” Higher School of Business, National Research University Higher School of Economics.

    — What can you say about the skills and competencies of the participants of the “Business Leader of the Future” program? How did the listeners improve themselves?

    — The first thing I have already mentioned is the general business outlook and perspective, the ability to look ahead and, based on this, plan the present and the near future. The second is the skills of design thinking and working with uncertainty. This was one of the most significant and, in my opinion, one of the most successful blocks of the program. The third is, of course, the skills of cross-functional interaction, working with stakeholders, communication skills, the ability to present and defend your idea or project in a very short time. This is also a key competency. There were other important blocks, for example, on financial management, as well as blocks related to leadership and taking responsibility.

    And I will separately mention risk management, if I am not mistaken – the topic of the third module of the program. Taking risks is a really important point. Over the last 2-2.5 years in the company, we have included this in our routine: we try to assess risks, anticipate them and find scenarios for an effective response.

    — Did the knowledge and skills acquired in the program find application in the professional activities of the students within the company?

    — I would divide the application into two aspects: the implementation of specific projects, which we may discuss further, and changes in the behavioral habits and patterns of the participants, which I observe as a manager. Now they have begun to prepare for presentations much better, convey their ideas more clearly, and understand the business as a whole better. This is the very same business-acumen — an expanded business outlook. In addition, employees have begun to strive for more productive cross-functional interaction, not to focus on themselves when making decisions, and to take into account the KPIs of different departments.

    — Can you say a few words about the defense of the final projects? Which of them were put into production and what did they consist of?

    — The project defense was a separate amazing story. The entire management committee really enjoyed it. Usually, you go to such events thinking, “Now I’m going to sit and listen to something for six hours.” But this time, all the participants were unanimous in the opinion that everything went by in one breath. After the defense, we, as organizers, were taken to a separate room and asked to evaluate the projects. We were given the task of choosing three winners. We sat down and began to discuss. In the third minute, the question was asked: “Are there any projects here that we are ready to say “no” to?” And everyone answered that there are no such projects. We are ready to give the green light to all initiatives for further implementation in real business. We collectively decided that there is no point in looking for one winner; it would be much more appropriate to provide the teams with high-quality feedback to improve their solutions. As a result, when we went out into the audience, we announced that we were saying “yes” to all the projects.

    — Is it possible to tell a little more about a couple of projects if they do not contain business secrets?

    — We had several initiatives related to the development of new products and the corresponding modification of production capacities. I think I will not reveal any big secrets by saying that we have a trend in the dairy category for high-protein products. There is also a trend for ready-made food and for consuming products outside the home. Of course, we focus on those areas that are interesting to consumers.

    There are also projects related to operational efficiency, optimizing various processes and reducing costs, including through partner solutions in the field of logistics and supply chains. For example, how best to develop remote territories. These solutions are mainly operational and logistical. In addition, there are initiatives to develop individual trade channels and cooperate with new partners.

    — Could you briefly describe the features and advantages of the educational program at our business school?

    — The first is the desire or even a conscious wish to understand the client. This understanding is not for show, but in order to identify the client’s real need and offer a solution that will be selected individually, or, as they say now, customized for this need. The second advantage is a high-level teaching staff with excellent knowledge and material that the teachers are ready to adapt to the students.

    It is also worth noting the overall engagement in the outcome of the program. We felt throughout the entire process – from the design to the final stage – a desire to achieve, or rather, to help participants achieve specific results. And this is how we measure the success of the program, and not just by the participants listening to lectures.

    — Which courses or topics within the program did you personally like the most?

    — Personally, I especially liked two topics — the block on strategizing and foresights and the part related to design thinking. As the leader of the organization, I am responsible for the future of the company, for its independence and ability to pilot its development as a separate large business. Now we ourselves come up with new products and business areas, we implement them ourselves and learn from our own mistakes. Design thinking is one of the key methods that helps to see the business perspective and turn ideas into real solutions.

    — Did your expectations from the program at the start match the final result?

    — As you have understood, I have the most positive impressions. And here is why: I am a result-oriented person, and when I see it, I feel good. And when I see a double result, and it is really specific, right “lying on the table”, it is generally wonderful. You know, when you go to training and understand that there will be project activity, there is always a perception that this is just an educational project for the sake of it, the main thing is to learn. Yes, of course, the main thing is to learn. If the project did not work out, then you can always say that at least different methods were tried. But this is the case when you not only learned, but also got a real business result.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Security: Greenwich Investment Group Operator Pleads Guilty to Fraud, Money Laundering Offenses

    Source: Office of United States Attorneys

    Marc H. Silverman, Acting United States Attorney for the District of Connecticut, today announced that JUSTIN C. MURPHY, 50, of Stamford, pleaded guilty yesterday before U.S. District Judge Victor A. Bolden in New Haven to offenses stemming from an investment fraud scheme.

    According to court documents and statements made in court, Murphy owned and operated Greenwich-based Mara Investment Group, LLC, also known as Mara Investment Management LP and Mara Investments Global Management LLC (“Mara”), which Murphy purported to be a hedge fund that solicited and accepted investments and used a quantitative strategy that balanced long and short positions in securities.  Between approximately 2016 and September 2022, Murphy defrauded investors by pursuing a much riskier investment strategy than he told investors; diverting substantial investor funds for his own personal use and benefit; representing to investors that their invested funds were performing more favorably than was, in fact, the case, including providing investors with account statements that falsely representing their account balances; and providing investors with federal tax forms that falsely reported business income upon which investors would be required to pay tax.

    Murphy stole approximately $3,465,812 in investor funds through this scheme and used the funds to pay for personal expenses and to purchase a personal stake in his relative’s startup company.

    Murphy pleaded guilty to one count of wire fraud, which carries a maximum term of imprisonment of 20 years, and one count of money laundering, which carries a maximum term of imprisonment of 10 years.  A sentencing date is not scheduled.

    Murphy was arrested in Brazil on December 6, 2023, and was detained for nearly 11 months while awaiting extradition to the U.S.  He has been released on a $250,000 bond since November 1, 2024.

    This investigation has been conducted by the Federal Bureau of Investigation and the Internal Revenue Service – Criminal Investigation Division.  The Justice Department’s Office of International Affairs and Brazilian authorities provided assistance.

    The case is being prosecuted by Assistant U.S. Attorney David E. Novick.

    MIL Security OSI

  • MIL-OSI: Bitget Wallet Launches Swap API Program, Partners with Morph’s DEX BulbaSwap as Pilot Integration

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, April 30, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, a leading non-custodial Web3 wallet, has launched its Swap API Program, officially opening access to its Swap functionality for third-party decentralized exchanges (DEXs). The first integration comes via BulbaSwap, a DEX within the Morph ecosystem, enabling users to conduct seamless trading on more than 130 blockchains and cross-chain trading across 27 networks directly within the Bitget Wallet interface.

    The Swap API Program marks a strategic move to extend Bitget Wallet’s trading infrastructure to ecosystem partners. By integrating with Bitget Wallet’s powerful aggregation engine, partner DEXs gain access to features such as smart routing, slippage control, and pre-execution simulation — tools that optimize trade outcomes and enhance the end-user experience. The program reflects Bitget Wallet’s broader effort to build a more unified and efficient trading layer for the Web3 space.

    We’re excited to open our infrastructure to more partners through the Swap API Program,” said Alvin Kan, COO of Bitget Wallet. “Collaborating with BulbaSwap is the first step in building a more connected, multi-chain trading experience. As DeFi continues to evolve, we believe open and interoperable infrastructure will play a key role in shaping the next phase of Web3 adoption.”

    BulbaSwap, built on Morph, plays a key role in enabling trading within the ecosystem, known for its scalability and rapid settlement. “Integrating with Bitget Wallet allows us to deliver a broader, smoother cross-chain trading experience for our users,” said the BulbaSwap team. The integration expands BulbaSwap’s reach and asset access while reinforcing Morph’s broader mission to support modular and high-performance decentralized applications, simplifying trading experience by offering more asset liquidity through a single wallet interface, without switching platforms.

    Bitget Wallet’s Swap feature has become a core part of its offering, allowing users to access long-tail assets, execute gas-free cross-chain swaps, and discover trending tokens through its Hot Picks and AI-assisted analysis tools. By supporting multiple trading modes—including limit orders and fast swaps—Bitget Wallet caters to both new and experienced DeFi users. The new API program will now scale these capabilities further by onboarding additional DEXs and aggregating broader liquidity across chains.

    For more information, please visit Bitget Wallet website

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple, secure, and accessible for everyone. With over 60 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and crypto payment solutions. Supporting 130+ blockchains, 20,000+ DApps, and a million tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.

    For more information, visit: XTelegramInstagramYouTubeLinkedInTikTokDiscordFacebook
    For media inquiries, please contact media.web3@bitget.com 

    About BulbaSwap
    BulbaSwap is a Morph-based decentralized swap aggregator with a search engine powered by multi-source liquidity that helps users find the best swap rates. At the intersection of DeFi innovation and memetic culture, BulbaSwap emerges as the cornerstone liquidity hub on Morph, powered by advanced AI market-making technology and backed by industry titans.
    WebsiteTwitterMediumTelegram

    About Morph
    Morph—incubated by Bitget and led by Dragonfly, with strategic backing from Pantera, Spartan Ventures, and Foresight Ventures—is revolutionizing On-chain Consumer Finance for the Global Digital Class. We deliver seamless infrastructure, intuitive tools, and essential services that simplify payments and redefine financial experiences, empowering digital-first and crypto-native users to earn, spend, save, invest, and build wealth directly on-chain.
    WebsiteTwitterBlogTelegram

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/82831c3c-15cb-44b8-87b9-23e1ff718c00

    The MIL Network

  • MIL-OSI Global: From COVID to cancer: Why Canada’s RNA vaccine leadership matters more than ever

    Source: The Conversation – Canada – By Anna Blakney, Assistant Professor, Michael Smith Laboratories and School of Biomedical Engineering, University of British Columbia

    As the world marks World Immunization Week, attention turns once again to the lifesaving power of vaccines.

    Amid headlines about rising cases of measles, falling vaccination rates and growing vaccine hesitancy, a quieter revolution is underway — one that could fundamentally reshape how we respond to global health threats, including pandemics and cancer.

    This revolution is being powered by RNA technology — and Canada is uniquely positioned to lead it.

    A made-in-Canada breakthrough

    While the swift development of COVID-19 vaccines appeared to be a sudden scientific triumph, it was built on six decades of foundational work. Much of that work happened in Canada. Messenger RNA (mRNA) are large, negatively charged molecules that are easily degraded and repelled by our cells.

    To coax our cells to internalize them, scientists developed a way to encapsulate them in “fat bubbles” or lipid nanoparticles (LNPs), which were invented by Pieter Cullis and collaborators. Cullis, a co-author of this article, is a professor in biochemistry and molecular biology at the University of British Columbia.

    Once inside a patients’ cells, the mRNA gives the cell instructions to translate a viral protein that triggers an immune response. Both the Pfizer/BioNTech and Moderna vaccines — which relied on these fat bubbles — were found to be highly efficacious (more than 94 per cent) and safe, both in initial trials and continuous monitoring over time. They were estimated to have saved nearly 10 million lives in 2021 alone.

    That’s just the beginning. Research teams across the country are now building on this homegrown innovation to expand the potential of RNA vaccines beyond infectious diseases.

    The next generation: Less means more

    At the University of British Columbia, the Blakney Lab is focused on developing vaccines and therapies using self-amplifying RNA (saRNA), a technology that offers several advantages over conventional mRNA. Because saRNA replicates itself once inside a patient’s cells, much smaller doses are needed to produce a robust immune response.

    Now, this replication process may sound like something out of a science fiction film, but similar to mRNA vaccines, this technology has been developed over decades and has been thoroughly clinically validated. The saRNA technology reduces manufacturing costs and makes vaccine production more scalable during global emergencies. Notably, the lower dose can also minimize side effects, potentially reducing the risk of getting a sore arm or having to miss a day of work after vaccination.

    Recent pre-clinical studies have shown that saRNA vaccines can offer longer-lasting immunity with smaller doses, and multiple clinical trials are now underway to evaluate their use for influenza, Zika virus and even cancer.

    Vaccine equity, health security, economic growth

    Expanding Canada’s domestic RNA vaccine capacity is more than just a scientific priority; it’s a public health imperative and economic opportunity. During the COVID-19 pandemic, global supply chain breakdowns exposed the risks of relying on international sources for essential vaccine ingredients and production. Investing in local infrastructure allows for faster and more flexible responses to future outbreaks.




    Read more:
    From PPE shortages to COVID-19 vaccine distribution, the supply chain has emerged as a determinant of health


    But it’s not just about pandemic readiness. One of the most exciting frontiers for RNA technology is the development of personalized cancer vaccines. These vaccines train the immune system to recognize and attack mutations specific to an individual’s tumour.

    In early clinical trials, mRNA-based cancer vaccines — such as those developed by Moderna and BioNTech — have shown promising results, dramatically reducing recurrence rates in melanoma and pancreatic cancer patients.

    Canada’s scientific ecosystem is primed to contribute meaningfully to this next generation of therapies. Strengthening our biotech infrastructure could create high-quality jobs, stimulate economic growth and reinforce Canada’s place as a leader in the global bioeconomy.

    From crisis to capacity

    The COVID-19 pandemic showed us how rapidly science can enable positive public health outcomes — and how easily inequities can widen if infrastructure and access aren’t prioritized.

    Despite being home to world-class researchers, Canada lacked the manufacturing capacity to produce its own mRNA vaccines. That gap is now being addressed through substantial recent investments from the government of Canada, but sustaining momentum will require long-term commitment from policymakers and funders.

    Equity must also remain at the forefront. Communities in rural, remote and Indigenous regions often face barriers to accessing vaccines — not because of hesitancy, but due to logistical challenges and under-resourced health systems. The Public Health Agency of Canada has emphasized the importance of building trust and tailoring solutions in partnership with these communities.

    Vaccine confidence remains another challenge. Post-pandemic surveys reveal that misinformation continues to shape public perceptions, even about long-established vaccines like MMR. Addressing this requires proactive science communication, sustained public education and rebuilding trusted relationships between communities and health systems.

    Looking ahead

    World Immunization Week offered a chance to celebrate how far we’ve come — but also to ask what comes next. With decades of research leadership, a strong innovation ecosystem and new investments in RNA infrastructure, Canada has the tools to lead the next chapter of mRNA technology development.

    Whether it’s fighting the next virus or personalizing cancer therapies for individual patients, RNA technologies hold transformative promise. Seizing this opportunity will require sustained support, policy alignment and a focus on equitable access.

    By investing in RNA innovation today, Canada can deliver not just vaccines, but a healthier, more resilient future for all.

    Immunity and Society is a new series from The Conversation Canada that presents new vaccine discoveries and immune-based innovations that are changing how we understand and protect human health. Through a partnership with the Bridge Research Consortium, these articles — written by academics in Canada at the forefront of immunology and biomanufacturing — explore the latest developments and their social impacts.

    Anna Blakney sits on the scientific advisory board and/or consults for Genvax Technologies, Replicate Biosciences and Pasture Biosciences. She receives funding from CIHR, CBRF, NSERC and CFI.

    Pieter Cullis a co-founder and have shares in Acuitas Therapeutics, the company that provided the LNP enabling the Pfizer/BioNTech COVID-19 vaccine. He receives funding from CIHR.

    ref. From COVID to cancer: Why Canada’s RNA vaccine leadership matters more than ever – https://theconversation.com/from-covid-to-cancer-why-canadas-rna-vaccine-leadership-matters-more-than-ever-254692

    MIL OSI – Global Reports

  • MIL-OSI Global: Boat wakes aren’t just a nuisance, they harm freshwater shorelines and wildlife

    Source: The Conversation – Canada – By Chris Houser, Professor in Department of Earth and Environmental Science, and Dean of Science, University of Waterloo

    After long winters, Canadians love their summers. For some, that means summer vacations by a lake, along a river or on a bay for some much-needed rest and relaxation. For some, it’s time to disconnect at the dock, while for others it’s a time to cruise the lake or enjoy the thrill of water-skiing, tubing and wake-boarding.

    Over the last decade, there’s been a strong growth in the sale of new and pre-owned motorboats, and in particular, wake boats that are designed to generate large wakes.

    While recreational boating is a multi-billion-dollar industry in Canada, and enjoyed by many — including me — there has been increasing concern among cottage owners and other advocacy groups about the impact of the wakes generated by these boats.

    Recreational boat wake and jet ski jumping wakes in cottage country in Ontario. (Chris Houser)

    There is increasing evidence that boat wakes erode the shoreline, disrupt aquatic ecosystems, degrade water quality and pose a safety hazard to those at the shoreline or also on the water.

    Stronger than waves

    In Ontario’s cottage country, boat wakes represent a significant portion of total wave energy.

    Except for lakes where motorboats are restricted, the energy generated by wakes is greater than the energy of the waves generated by winds. The exact amount depends on the size, shape and depth of the body of water, but recent research I conducted with colleagues suggests wakes can account for up to 90 per cent of the total wave energy in small lakes with widths up to five kilometres.

    One respondent to our survey noted that:

    “The shore is eroding. I’m losing land and trees into the water. The water is more murky than ever before and the constant large waves makes it unsafe for my kids to swim at times.”

    Wakes not only represent an increase in the number of waves, but they are also responsible for waves of greater height and energy, particularly those generated by wake boats. The smaller the lake, the greater the wake energy at the shoreline, but it is also larger along rivers, lake arms and in bays due to the types and frequency of boating in those areas.

    There is limited impact along rocky shorelines, our research has found, but change can occur where the shorelines are muddy or sandy and the water is shallow.

    Just like large storm waves, wakes can erode the shoreline and uproot and undermine shoreline vegetation. The resuspension of bottom sediment and organic material can also degrade water quality and clarity, leading to the development of algae blooms and hypoxia and the dispersion of contaminants.

    “We have boats that are enhanced for sale surfing and our lake is not wide enough or deep enough to handle the energy generated by the wakes that are produced by these boats. We have parts of our lake that are less than 20 metres wide and less than eigth feet deep, and these boats are generating cut-outs on the bottom of the lake bed, which of course stirs up silt from the floor bed and harms water clarity.” A cottager on Fairy Lake, north of Toronto.

    Dangers to loons, fish, docks and people

    The turbulence can also disturb loon nests and fish spawning in shallow water by destroying nests, washing away eggs and displacing juvenile fish, leading to reduced reproductive success.

    “It is not a coincidence we have not had loons nesting on our point for 10 years since our channel became a busy wake-surfing mecca.” A cottager on Lake Joseph, north of Toronto.

    In our research, residents and cottage owners also raised concerns that wakes cause damage to shoreline infrastructure and docked vessels, leading to greater maintenance and repair costs. Large wakes can make it difficult for smaller slower boats to navigate safely, and at the shoreline, those waves pose a hazard to swimmers, who may be knocked off balance or even swept out by larger waves.

    While studies suggest that wakes represent a significant portion of the wave energy on small lakes, there has been little actual documentation of impacts, and we discovered that there was little direct evidence of erosion. Most examples were extreme and highlighted potential hotspots of shoreline change associated with boat wakes.

    “Our shoreline has eroded approximately six feet in the last 10 years, causing trees and shoreline to collapse into the lake.” A Lake Joseph cottager.

    Most respondents to the survey identified boat operation, the experience of the operators and use of the lake by other users (for example, those fishing, swimming and relaxing) as the primary issues associated with wakes and boating in general. This is consistent with another recent study that found no evidence of shoreline erosion, but an increase in sediment resuspension and phosphorus availability.

    Speed limits, no-wake zones

    Further study is needed to determine when and where boat wakes are a physical and/or ecological stressor rather than simply being a disturbance to the peaceful cottage country scene.

    Through these studies, it will be possible to implement appropriate speed limits and no-wake zones, limits to wakeboat use and improve education and awareness as the industry continues to improve hull designs to reduce the wake.

    There is no doubt that the debate over the impact of boat wakes will continue this summer, but hopefully it won’t make our time on the dock this summer too rocky.

    Chris Houser 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. Boat wakes aren’t just a nuisance, they harm freshwater shorelines and wildlife – https://theconversation.com/boat-wakes-arent-just-a-nuisance-they-harm-freshwater-shorelines-and-wildlife-251958

    MIL OSI – Global Reports

  • MIL-OSI USA: Rep. Laurel Lee Introduces Bipartisan Second Chance Legislation

    Source: United States House of Representatives – Congresswoman Laurel Lee – Florida (15th District)

    Washington, D.C.– Today, Representatives Laurel Lee (R-FL) and Sydney Kamlager-Dove (D-CA) introduced the Fresh Start Act, a bipartisan bill to provide support for rehabilitated individuals to have access to employment, housing, and educational opportunities.

    “People who have worked to turn their lives around after a criminal conviction deserve the opportunity to move forward, not be held back by administrative barriers. Today, nearly one-third of Americans have a criminal record that can prevent them from getting a job, finding housing, or pursuing education—even when they qualify for record-sealing or expungement. The Fresh Start Act of 2025 modernizes and streamlines these processes for states, helping more individuals access the opportunities they’ve earned. I look forward to seeing my colleagues come together to pass this important legislation and ensure that everyone who deserves a second chance has the opportunity to build a better future,” said Congresswoman Laurel Lee.

    Approximately one-third of Americans have criminal records that can hinder their ability to secure employment, housing, or educational opportunities. While many of them qualify for record-sealing or expungement under state laws, the process is frequently complicated, time-consuming, and costly.

    The Fresh Start Act would allow states that have enacted automated record-sealing or expungement laws to apply for federal infrastructure grants to help streamline the process. This federal legislation builds on the momentum of Clean Slate policies enacted in 2018 by a diverse group of 12 states including California, Colorado, Connecticut, Delaware, Michigan, Minnesota, New Jersey, New York, Oklahoma, Pennsylvania, Utah, and Virginia.

    “No one should be denied a job, housing, or education because of bureaucratic red tape,” said Rep. Kamlager-Dove. “Millions of Americans have arrest or conviction records that are eligible to be sealed or expunged, yet many are blocked by confusing, burdensome, and costly processes. I’m proud to cosponsor the bipartisan Fresh Start Act, which helps individuals who have been exonerated or who have paid their debts to society get a chance to contribute to their communities. This legislation will give states the resources they need to implement automatic record clearance systems that offer people a fresh start.”

    Sheena Meade, CEO of The Clean Slate Initiative, said, “The Fresh Start Act recognizes what we’ve seen on the ground: Clean Slate has the power to change lives. This legislation is an essential component of modernizing state infrastructure, making sure federal support is spent on common-sense solutions that are serious about safety and benefit communities across the country. A fresh start should be more than a promise; it should be a reality. With the Fresh Start Act, it can be.”

    Jason Pye, Executive Director of the Due Process Institute, said, “The Fresh Start Act is a commonsense policy solution to help improve states’ record-sealing laws. The bill crucially allocates already existing funding to help with the implementation of proven recidivism reduction strategies that result in better economic outcomes and safer communities for us all. We urge members of Congress to join in cosponsoring and supporting this bipartisan legislation.”

    Akua Amaning, Director of Criminal Justice Reform, Center for American Progress said, “Everyone deserves the opportunity to unlock their full potential. Yet, for far too many people who have been impacted by America’s criminal legal system, a second chance can be hard to achieve with an arrest or conviction record. The Fresh Start Act will provide important resources to states that are working to remove unnecessary barriers to employment, housing, education, and other critical life resources due to having a record. In helping to create pathways to automatic record expungement at the state level, The Fresh Start Act will not only help individuals transform their lives, but will also improve economic security and public safety outcomes for all. We applaud the bipartisan support for this measure and urge Congress to swiftly pass the Fresh Start Act.”

    Patrick Plein, Director of CPAC’s Nolan Center for Justice, said, “Communities are safer when individuals returning from prison are given a fair chance to reintegrate into society and rebuild their lives. The Fresh Start Act recognizes that people are more than their past mistakes—they are hard working parents, employees, and neighbors with the potential to prosper. By removing barriers to opportunity, these bills strengthen families, boost our economy, and promote public safety.”

    “The Fresh Start Act is a common sense measure that will help give people who have fulfilled their justice system obligations a second chance,” said Nan Gibson, Executive Director of the JPMorganChase Policy Center. “The bill would make federal grants available to states to upgrade their justice system infrastructure so that states can implement Clean Slate legislation and strengthen their workforce.  Over the last six years, our firm has hired more than 21,000 people with a record whose history had no bearing on the requirements of their job, because we know implementing fair chance hiring practices is good for our business and the economy.  This measure will enable companies like ours to continue to connect individuals to meaningful career pathways, opening doors to opportunities that transform lives, lift up communities and strengthen the workforce.”

    Summary:

    • Amends 34 U.S.C. §40302 (National Criminal History Improvement Program, or NCHIP) to include funding for covered automatic expungement and record sealing laws.
    • Covered Expungement Law—The term “automatic” is defined as expungement or sealing that does not require any action on the part of the eligible individual. The term “covered expungement law” is defined as a law of a State that provides for the automatic expungement or sealing of a criminal record, subject to requirements imposed by the State.
    • Reporting Requirements—A State that receives a grant under the Fresh Start Act of 2025 is required to produce and send a report to the Attorney General, under the guidelines established by the Attorney General, that provides information on:
      • the number of individuals eligible for automatic expungement or sealing disaggregated by race, ethnicity, and gender;
      • the number of individuals whose records have been expunged or sealing disaggregated by race, ethnicity, and gender;
      • and the number of individuals who application for expungement or sealing are still pending disaggregated by race, ethnicity, and gender;
    • Inaccessibility of Data for Reporting—If data required for reporting are not available, the State is required to develop and report a plan to obtain as much of the data as possible no later than one (1) year after the first year the grant is awarded.
    • Publication—The Attorney General is required to publish and make publicly available a report containing data collected under the reporting requirements.

    Read the bill text here. 

    MIL OSI USA News

  • MIL-OSI USA: Public input needed for new roundabout on SR 3 near Shelton

    Source: Washington State News 2

    Online open house scheduled for April 30 to May 14

    SHELTON – Community members can learn more about a planned roundabout on State Route 3 north of Shelton during an online open house.

    Starting Wednesday, April 30, the Washington State Department of Transportation will host an online open house featuring a new single-lane roundabout. The roundabout will replace a stop sign at the SR 3 intersection with Mason Lake Road.

    Visitors are encouraged to leave feedback to help with the final design.

    Roundabouts help reduce the potential for crashes while keeping people moving. WSDOT routinely reviews intersections along state highways in rural areas around the state to find ways to reduce potential collisions.

    SR 3 Mason Lake Road Roundabout Online Open House

    When:  Wednesday, April 30, through Wednesday, May 14

    Where:  engage.wsdot.wa.gov/sr-3-mason-lake-road

    Details:  The online open house is available 24/7 for people to visit and fill out the questionnaire whenever fits their schedule.

    Free, temporary internet access is available to those who do not have broadband service in locations throughout the state. To find the nearest Drive-In WiFi Hotspot visit the Department of Commerce website.

    Free WiFi access is available at these locations for people who wish to participate in the online open house:

    • North Mason Timberland Library, 230381 NE State Route 3, Belfair, WA 98528
    • Shelton Timberland Library, 710 W. Alder St., Shelton, WA 98584

    MIL OSI USA News

  • MIL-OSI Security: Former Vice President and Controller of Publicly Traded Consumer Goods Company Sentenced to 13 Months for $1.6 Million Insider Trading Scheme

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    MIAMI – A Florida man was sentenced yesterday in the Southern District of Florida to 13 months’ imprisonment and a $10,000 fine for his role in an insider trading scheme that netted over $1.6 million in profits. He was also ordered to pay over $200,000 in restitution and over $1.6 million in forfeiture.

    According to court documents, from November 2018 to April 2023, Stephen George, 54, of Parkland, was a member of the Finance Department and held roles including controller and vice president at a consumer-packaged goods company headquartered in Boca Raton, Florida (Company A). The company was the maker of a fitness drink whose securities were publicly traded on the NASDAQ Stock Market. At Company A, George received material non-public information (MNPI) regarding the company’s financial performance.

    On his final day at Company A on April 7, 2023, George created a consolidated income statement showing its financial performance for the first quarter of 2023, which George knew contained MNPI. The income statement showed that the company’s first quarter results had greatly exceeded expectations. George then emailed the document to himself using two personal email accounts.

    On April 10, 2023, the first trading day after his last day of employment, and continuing through May 8, 2023, George purchased Company A securities based on MNPI – specifically, 20,000 shares of common stock and 300 call option contracts. On May 9, 2023, after the market close, Company A publicly reported better-than-expected earnings and sales for the first quarter of 2023, including an all-time quarterly record in revenue. After the public announcement, its stock price increased significantly. During the next trading day, George sold all 20,000 shares of common stock and 300 call option contracts, resulting in over $1.6 million in personal profits.

    In February 2025, George pleaded guilty to one count of securities fraud.

    U.S. Attorney Hayden P. O’Byrne for the Southern District of Florida; Matthew R. Galeotti, Head of the Justice Department’s Criminal Division; and Acting Special Agent in Charge Brett Skiles of the FBI Miami Field Office made the announcement.

    The FBI Miami Field Office investigated the case. The Justice Department appreciates the assistance of the Financial Industry Regulatory Authority’s Criminal Prosecution Assistance Group.

    Assistant U.S. Attorneys Eli S. Rubin and Elizabeth Young for the Southern District of Florida and Trial Attorneys Matthew F. Sullivan and Matt Kahn of the Criminal Division’s Fraud Section and prosecuted the case. Assistant U.S. Attorney Nicole Grosnoff for the Southern District of Florida handled asset forfeiture.

    You may find a copy of this press release (and any updates) on the website of the United States Attorney’s Office for the Southern District of Florida at www.justice.gov/usao-sdfl.

    Related court documents and information may be found on the website of the District Court for the Southern District of Florida at www.flsd.uscourts.gov or at http://pacer.flsd.uscourts.gov under case number 25-cr-60011.

    ###

    MIL Security OSI

  • MIL-OSI: IDEX Biometrics ASA: Notice of annual general meeting on 21 May 2025

    Source: GlobeNewswire (MIL-OSI)

    IDEX Biometrics ASA will hold its 2025 annual general meeting on Wednesday 21 May 2025 at 14.00 hours CET as an online meeting. There is no physical attendance option. Shareholders may attend online by PC, smartphone or tablet.

    The notice with attendance form has been sent to the shareholders today, and is also enclosed.

    The notice of the annual general meeting and the ancillary documents are also available at the company’s web site, www.idexbiometrics.com , and can be requested from the company at no charge from ir@idexbiometrics.com .

    The Nomination Committee’s recommendations will be published on the company’s web site.

    Please register for attendance or give proxy at the following site:

    www.idexbiometrics.com/investors/general-meetings/

    For further information, please contact:

    Kristian Flaten, CFO, Tel: +47 95092322

    E-mail: ir@idexbiometrics.com

    About IDEX Biometrics:

    IDEX Biometrics ASA (IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, visit www.idexbiometrics.com

    About this notice:

    This notice was published by Kristian Flaten, CFO, 30 April 2025 at 16:50 CET on behalf of IDEX Biometrics ASA.  This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12.

    Attachments

    The MIL Network

  • MIL-OSI Europe: Statements on Ukraine and Middle East by Jean-Noël Barrot, Minister for Europe and foreign Affairs, at the UN Security Council

    Source: France-Diplomatie – Ministry of Foreign Affairs and International Development

    Ministers,

    Ladies and gentlemen,

    My European partners and I would have preferred not to have to convene this Security Council meeting on Ukraine, but Russia’s high-intensity war of aggression continues to ravage Ukraine, as reiterated by the Under-Secretary-General for Political Affairs and the Assistant Secretary-General for Humanitarian Affairs, with drastic humanitarian consequences in violation of international law and in violation of the Charter of the United Nations: our Charter.

    How did this happen?

    It started with the aspirations of the Ukrainian people to freedom and democracy, which Russia sought to repress in the 2014 Maidan Uprising.

    Ten years ago, a fragile ceasefire was agreed in Minsk. It was violated twenty times.

    Three years ago, Russia launched its large-scale invasion of Ukraine, a unilateral, brutal, unjustifiable war of aggression that must end now. A war that was not a defensive war, and that was not inevitable. A war that was not justified, and continues to be unjustifiable. It is quite simply the expression of an overt revisionist plan.

    Ladies and gentlemen,

    On 24 February this year, the Security Council adopted an American resolution, Resolution 2774, and I wish to cite it as a reminder: “the Security Council […] implores a swift end to the conflict”.

    What has Ukraine done since 24 February?

    On 9 March, Ukraine accepted the principle of a total and unconditional ceasefire, in accordance with Resolution 2774, showing its good faith and sincere desire to move towards peace.

    And what has Russia done since 24 February and the adoption of Resolution 2774?

    It has continued its war crimes and crimes against humanity by striking infrastructures and targeting civilians, women and children, and humanitarian workers.

    While it is totally violating international law, Russia would have us believe that is in within its right and that it may lay claim to the Ukrainian territories in the name of the principle of self-determination. But it is a diversion; it is false. What is true is that Russia is violating the sovereignty and territorial integrity of Ukraine, Russia is attacking its neighbour, and in this war of aggression, it is violating international law and international humanitarian law. Everyone can see that, and everyone knows it.

    And today, the only obstacle now to the ceasefire, the only obstacle to the implementation of Resolution 2774 adopted by the Council on 24 February, is Vladimir Putin.

    So why oppose the implementation of this resolution in this way?

    Vladimir Putin’s Russia most likely wants to push Ukraine to surrender. But France, like many other members of this Council, is opposed to this, and will continue to oppose it.

    First, because it is a security challenge for Europe and France, which Russia seeks to destabilize.

    Yes, ladies and gentlemen, France has already been targeted.

    Since the beginning of the conflict, our country, a supporter of Ukraine, has been targeted by Russian cyber attacks originating in the Russian military intelligence services, GRU, carried out by threat actor APT28. They targeted a dozen French entities including public services, enterprises, and sports organizations involved in the Paris 2024 Olympic and Paralympic Games. We condemn these cyber attacks in the strongest terms. They are unworthy of a permanent member of the Security Council and contrary to the framework set by the United Nations. They must cease immediately.

    But if France, like other members of this Council, is opposed to any form of surrender by Ukraine, it is not only for the sake of Europe’s and France’s security, it is also for the sake of global peace and security. Because such an outcome in this war would enshrine the concept of “might is right”, and inevitably lead the world into a frenetic arms race, and most certainly proliferation.

    I believe that quite simply we must return to some of the elementary principles of our Charter, which I would once again like to cite to refresh the memories of all members of this Council. In Chapter I, Article 2, Paragraph 4, it states that: “States shall refrain in their international relations from the threat or use of force against the territorial integrity or political independence of any State, or in any other manner inconsistent with the Purposes of the United Nations (…)”.

    So let’s get back to simple principles: aggressors must not be rewarded at the victim’s expense; borders are intangible; and States, no matter which, are sovereign.

    I therefore call on President Putin to say to him:

    Cease fire!

    Cease fire!

    Cease fire!

    That is when peace will become possible again.

    A just and true peace.

    A peace that complies with the Charter of the United Nations and international law.

    A peace that respects the sovereignty, territorial integrity and security of Ukraine.

    We can succeed.

    That is why, while commending the mediation efforts undertaken by the United States of America and at the highest level, France wants this Council to unanimously demand a total, immediate and unconditional ceasefire, and by that I mean that weapons be laid down.

    Thank you.


    Open debate on the situation in the Middle East, including the Palestinain issue

    Statement by the Minister for Europe and Foreign affairs, Jean Noel Barrot

    Dear Secretary-General,

    Ministers,

    Ladies and gentlemen,

    I wanted to make the debate on the Middle East a focus of the French Presidency of the Security Council.

    The anti-Semitic massacres on 7 October 2023 and the ensuing military conflagration have upended the region.

    As we are speaking here today, Gaza has been devastated by war, Lebanon is struggling to recover, Syria is engaged in a fragile and uncertain transition, and Iran is pursuing its dangerous race towards nuclear weapons. This spiral of destabilization must not lead us to a situation that cannot be undone. That is why we must work together to find a path to peace and security for all.

    Our first priority is to stop the hostilities and end the suffering of civilian populations.

    In Lebanon, in close cooperation with our American partners, we managed to achieve a ceasefire agreement five months ago. Its implementation still needs to be fine-tuned, but it has brought about peace. It is crucial and must be upheld.

    In Gaza, war rages on. The fact that the ceasefire has been broken and Israel has resumed its military strikes should alarm us all. It is a huge step backwards for the Palestinian civilian population, for the Israeli hostages and their loved ones, and for the security of the entire region. Negotiations urgently need to resume and bring about a lasting ceasefire. We support mediators’ efforts to achieve that.

    This ceasefire must bring about the unconditional and immediate release of all the hostages being held arbitrarily by Hamas. I would like to take a moment to mention before this Council our fellow Frenchman, Ofer Kalderon, who was released after 484 days in captivity. I would also like to pay homage to the memory of another fellow Frenchman, Ohad Yahalomi, taken hostage on 7 October, arbitrarily held and murdered in Gaza. He has left behind a widow and three innocent children.

    The ceasefire must also bring about deliveries of massive amounts of humanitarian aid to Gaza. The situation in Gaza is catastrophic, as all humanitarian aid has been blocked for two months. I was able to see this for myself when I visited the Egyptian border and I testify before you that this situation is unacceptable. Because since the end of March, Israeli bombings have killed more than 1,300 people, including many civilians, women and children. And these military strikes have also killed humanitarian workers and UN staff members. The tremendous suffering of the civilian populations in Gaza has to stop. I call on Israel to remove all obstacles so that massive amounts of humanitarian aid can finally be delivered to Gaza.

    France is fully doing its part to address this humanitarian emergency. Since 2023, we have contributed €250 million in humanitarian aid to civilian populations. A portion of this aid was distributed via UNRWA and France supports UNRWA’s action and efforts of committed reform. In close cooperation with our regional partners, including Egypt and Jordan, we have also directly provided healthcare, food and shelter for people living in Gaza who are victims of the war.

    Our second priority is to help the territories ravaged by conflicts to recover.

    The International Conference in Support of Lebanon’s People and Sovereignty held in Paris on 24 October 2024 raised more than $1 billion. This aid went to the population and security forces. The new authorities have begun reform and reconstruction efforts that we support. When the time is right, we will hold an international conference in support of Lebanon’s economic recovery in Paris. The role of the United Nations throughout this process will be key.

    Lebanon needs to recover its sovereignty – its full sovereignty. We call on Israeli forces that are still in Lebanon to fully withdraw from Lebanese territory so that the Lebanese Armed Forces can be redeployed there. It is up to them to ensure the security and sovereignty of the State, assisted by UNIFIL and the supervision mechanism in which France participates alongside the United States, and which includes the United Nations. France is continuing its efforts with determination to ensure the full implementation of Council’s Resolution 1701.

    In Syria, a historic transition process has begun since Bashar al-Assad’s dictatorship was overthrown. France is prepared to provide support. With its European partners, it has started to lift the first sanctions under certain conditions. The transition process must respect and protect the rights of all Syrians, regardless of their ethnic background, religion or gender. It must also ensure effective and determined action to counter terrorism. I will say this before the United Nations General Assembly: the terrible crimes committed by Bashar al-Assad’s regime must not be forgotten. The UN has an important role to play against impunity and in Syria’s reconstruction.

    In Gaza, we will support our Arab partners’ efforts to build a robust and credible framework for the “day after”. This framework should enable the reconstruction, governance and security of the enclave. But these efforts can only produce their effects if they are carried out from a political standpoint.

    That is why our third priority is to work on political solutions ensuring a just and lasting peace

    There is only one solution to achieve a political settlement of the Israeli-Palestinian conflict: it is the two-state solution, the only solution that can ensure peace and security over the long term for both Israelis and Palestinians.

    This solution is now being threatened by the increasing settlement building in the West Bank, by the violence of extremist settlers, by the desire to weaken the Palestinian Authority and by discourse on an annexation and forced displacement of the population.

    Amid faits accomplis on the ground, the prospect of a Palestinian State has to be protected. That is why France is holding an international conference on the implementation of the two-state solution with Saudi Arabia here in New York in June. Our aim is clear: to advance the recognition of Palestine and the normalization of relations with Israel. That is how we will successfully ensure Israel’s security and regional integration, while responding to the legitimate aspirations of Palestinians to have a State. This roadmap for the effective implementation of the two-state solution also involves disarming Hamas, defining a credible governance from which it will be excluded, and reforming the Palestinian Authority. The UN and its agencies must have a full role in this process.

    Also, we are not toning down our efforts to find a diplomatic solution to the challenge related to the headlong pursuit of Iran’s nuclear programme. IAEA Director General Rafael Grossi explained the situation clearly yesterday during our meeting on non-proliferation.

    Amid destabilizing interference, we have to continue to work on reinforcing the sovereignty of the States in the region.

    Having just visited Iraq, I would like to stress how much headway this country is making. Destroyed recently by conflicts and power plays, it is now on the sidelines of regional tensions. Iraq has resumed its role as a hub for balance and stabilization. The third Baghdad Conference, which will be held at the end of 2025, testifies to this. It will provide an opportunity to work on regional cooperation and security, countering the fragmentation and confrontation approach at work today.

    Secretary-General,

    Ladies and gentlemen,

    France is working for peace and sovereignty; without them nothing is possible. We are deeply committed to the Middle East for historic and geographic reasons. Today, everyone’s security and stability depend on this region. We are therefore determined to build a path to peace there, for you and with you.

    MIL OSI Europe News

  • MIL-OSI United Kingdom: Red Arrows could return to Ryde for Isle of Wight Armed Forces Day 30 April 2025 Red Arrows could return to Ryde for Isle of Wight Armed Forces Day

    Source: Aisle of Wight

    The RAF’s iconic Reds Arrows could return to Ryde for Armed Forces Day, helping to celebrate the 80th anniversary of VE Day.

    Last year marked a historic first as the Red Arrows soared over Ryde sands, performing breath-taking manoeuvres that left thousands of spectators in awe. The possibility of their return this June has stirred excitement across the Island once again.

    Ian Dore, event organiser, said: “As you may have seen, there is a currently a space in the Red Arrows display season calendar, and we have the opportunity to fill it as it’s reserved for us.

    “We had hoped to go firm with this at the beginning of the year, but circumstances out of our control prevented that.

    “Once the MOD comes through with their support, it will enable us to provide the necessary safety elements for a sky-high, seat-of-your-pants salute to the Island’s Armed Forces community.

    “We are one of only three Armed Forces Days to be offered the Reds, so it should be pursued at full throttle as it’s a considerable privilege.”

    Currently, the Red Arrows are engaged in their annual assessment in Croatia. Their first scheduled display is a flypast in London on 5 May, with a return to the Capital in June for His Majesty the King’s birthday flypast. If all goes well, they could be dazzling the skies over Ryde on Sunday, 29 June.

    Ian added: “We’ve done all the groundwork, and the air planning is in place. However, until the MOD commits further, I am not 100 per cent sure what we are looking at. Working off the known numbers as they stand, if everyone who attended last year’s event chipped in £2, we’d be there overnight.

    “I’m pleased to say that two major Island businesses have already stepped up to support this element of the event. Ultimately, it will be down to public generosity to get it fully airborne. If some more Armed Forces Covenant signatories do the same, the challenge lessens.”

    He added: “Times are tough, but given the significance of this year, it’s appropriate to rally together, helping to fund a spectacular display that honours the courage, commitment, and sacrifice of our Armed Forces community.

    “It’s also easy to forget that many youngsters and families, through no fault of their own, lack the resources to visit such a dynamic air display on the mainland. We strive to combine excitement and adventure with history and high-octane action for everyone to enjoy.

    “The Red Arrows are more than just a display team; they are a symbol of national pride. If the Island’s community can help crowd-fund their appearance at Armed Forces Day, it will demonstrate that our support is not just in words but in action. We surely must give it our best shot and try?”

    Next Wednesday afternoon, the official Isle of Wight Armed Forces Day website will provide details on any proposed fundraisers.

    Businesses, individuals, and corporate bodies have exclusive opportunities to support and facilitate this element of the event.

    For more information, please contact Ian Dore at ian.dore@iow.gov.uk

    MIL OSI United Kingdom

  • MIL-OSI Russia: Rosneft held a series of patriotic events in Samara in honor of the Great Victory

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    Employees of the Samara group of enterprises of NK Rosneft organized a large-scale project dedicated to the 80th anniversary of the Victory in the Great Patriotic War. The action united more than 500 participants – veterans and employees of Rosneft enterprises, students, volunteers and residents of the Samara region.

    The patriotic initiative began with a flash mob in Novokuibyshevsk. Next to the memorial complex to the heroes of the Great Patriotic War, volunteers unfurled an 80-meter St. George ribbon – a symbol of valor, fortitude and pride in the Great Victory. Participants honored the memory of the fallen heroes with a minute of silence and laid flowers at the Eternal Flame.

    A bright continuation of the event was the motor rally – 30 cars and motorcycles with the Victory Banners, went to the city of Samara. During the Great Patriotic War, Kuibyshev (now Samara) became the “reserve capital” of the country and the largest industrial center. The route of the rally included significant historical places, including the Kuibyshevsky district of Samara, which appeared on the city map in 1943 thanks to the construction of the Kuibyshev Oil Refinery.

    The grand opening of the open-air historical photo exhibition took place on the Volga River embankment. The exhibition “Samara Oil – for Victory” reflects the main stages of the formation and development of the oil industry in the region during the war years. Having received the order from the Motherland to accelerate the development of the oil industry for the uninterrupted supply of fuel to the front, Samara oil workers of Kuibyshevneft (now Samaraneftegaz) were the first in the USSR to find Devonian oil and increase production fivefold. They also built two oil refineries, the Syzran and Kuibyshev Oil Refineries, in record time.

    The culmination of the event was the screening of the film “War of Motors”, created on the initiative of NK “Rosneft” and dedicated to the selfless work of Soviet oil workers during the Great Patriotic War. Home front workers demonstrated courage, fortitude and heroism, providing the front with fuel – forged Victory in the rear.

    The event ended with a festive concert, which featured the beloved songs of the war years, “Smuglyanka”, “Katyusha” and “Blue Scarf”, performed by the company’s employees – winners of the corporate festival “Energy of Talents”.

    Department of Information and Advertising of PJSC NK Rosneft April 30, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Security: FBI San Francisco Warns of Escalating Ransomware Threats

    Source: Federal Bureau of Investigation FBI Crime News (b)

    Highlights Private Sector Partnerships and Importance of Reporting

    As ransomware threats continue to evolve and disrupt critical services across the country, the FBI San Francisco Field Office is reinforcing its message to businesses and infrastructure partners: strong collaboration and timely reporting are essential to protecting U.S. networks.

    While participating in the RSA Cybersecurity Conference at the Moscone Center through May 1, 2025, FBI San Francisco is engaging cybersecurity professionals and industry leaders to strengthen partnerships and share information on the state of the cyber threat landscape.

    “Our cyber strategy is focused on disrupting adversaries, building trusted partnerships, and removing threats from U.S. networks before they cause harm,” said FBI San Francisco Special Agent in Charge Sanjay Virmani. “We are proactively engaging not only major corporations but also small and mid-sized companies that form the bedrock of our economy.”

    Ransomware Threat Landscape

    The ransomware threat today is immense—measured by the amount of financial losses, the number of active variants, and the increasing sophistication of attacks. Ransomware is malicious software designed to infect a computer or server, encrypt its contents, and demand a ransom payment in exchange for a decryption key.

    These attacks are often carried out by complex networks of criminal developers, affiliates, and service providers. Ransomware operations continue to adapt, emphasizing operational security and using layered tactics to extort victims. A growing trend is data theft and victim extortion without encryption, where criminals demand payment to avoid leaking sensitive or proprietary information—even when the victim has reliable backups.

    Criminal groups are also resorting to harassment tactics, including contacting employees or customers directly to pressure organizations into paying.

    According to the FBI’s Internet Crime Complaint Center (IC3):

    • In 2024, cyber incidents and internet-enabled frauds cost victims more than $16.6 billion.
    • IC3 received over 3,100 ransomware complaints in 2024—an increase of nearly 12% over the prior year.
    • IC3 received over 86,000 extortion complaints in 2024—an increase of nearly 79% over the prior year.
    • Ransomware remains the most persistent cyber threat to critical infrastructure, with complaints rising 9% from 2023.
    • In 2024, 14 of the 16 U.S. critical infrastructure sectors experienced ransomware att

    From 2022 to 2024, IC3 received ransomware complaints totaling more than $106 million in reported losses—though the actual impact is likely higher, as many incidents are never reported.

    FBI Strategy: Disrupt, Partner, Protect

    The FBI’s cyber strategy focuses on disrupting cybercriminal infrastructure, building enduring partnerships, and making it harder and costlier for adversaries to succeed. The FBI targets the key services ransomware groups rely on: digital infrastructure, tools, communications, and money.

    By combining the capabilities of domestic and international partners and imposing costs on cybercriminals, including seizing illicit funds, the FBI is taking proactive steps to degrade their operations and reduce future attacks. This work requires help from the public and private sectors alike.

    “Together, we can dismantle these operations and protect the systems Americans rely on,” Virmani added. “But we can only do it if incidents are reported. If we don’t know it happened, we can’t act—and we can’t stop the next one.”

    Reporting To The FBI

    Despite the growing number of attacks, the FBI continues to face challenges with underreporting. After the FBI gained visibility into a major ransomware group’s infrastructure, investigators found that only about 20% of that group’s U.S. victims had reported the attack to law enforcement—a pattern consistent across multiple operations.

    Organizations may avoid reporting due to reputational concerns, quick internal recovery, or payment decisions. However, reporting cyberattacks helps the FBI track evolving threats, identify patterns, and support victims.

    The FBI urges victims of cyber incidents to report as soon as possible through the Internet Crime Complaint Center at www.ic3.gov. Prompt reporting allows FBI cyber squads to assess threats, provide appropriate assistance, and minimize disruption.

    MIL Security OSI

  • MIL-OSI United Kingdom: Victorian school buildings update

    Source: Scotland – City of Aberdeen

    The possible options, estimated costs and timescales to improve the sustainability of Aberdeen City Council’s Victorian school buildings went before the Education and Children’s Services committee yesterday (Tuesday 29 April).

    Committee members approved the recommendations of the Victorian Schools Programme report which included the Outline Business Case.  The preferred options (Appendix A) for the 10 in-scope schools were detailed in a confidential report due to the commercially sensitive costs involved and heard in private.

    Councillor Martin Greig, the Convener of Education and Children’s Services Committee, said: “It is important to do all we can to ensure that every city schools is able to provide the best possible learning environment for the benefit of pupils. The ‘Outline Business Case’ for the ten Victorian Granite schools is the latest part of the Council’s strategy to maintain and improve the school estate in the long term. Detailed and careful planning is needed to identify how we can manage to upgrade these older buildings. Funding will be a major challenge with the very finite resources available.”

    Councillor Jessica Mennie, Vice-Convener of Education and Children’s Services Committee, said: “The Victorian Schools Programme report highlights the significant amount of work that we are committed to delivering over the next 15 years to ensure that we can provide the highest quality, sustainable and nurturing environments in our Victorian Schools. It’s important we invest in our heritage schools, whilst ensuring our learning environments are accessible and fit for purpose.”

    The Victorian school buildings included within the scope of this project are:

    • Aberdeen Grammar School
    • Ashley Road School
    • Broomhill School
    • Culter School
    • Gilcomstoun School
    • Kittybrewster School
    • Skene Square School
    • St Joseph’s RC School
    • Sunnybank School
    • Woodside School

    Some of the common suitability challenges affecting many of the schools include accessibility issues; lack of breakout spaces for small group work and pupil support; limited space for outdoor learning; lack of space for dining and PE provision; and inadequate toilet facilities. In addition, several schools are at or already exceed their available pupil capacity, and space within the school sites for extending the buildings is severely limited.

    The cost of the preferred option, programming and cost implications for the Victorian Schools Programme will be added to the development of the School Estate Plan annual update report, which will be presented to the Education and Children’s Services committee in September 2025.

    This will enable the costs to be considered within the budget setting process for 2026/27 along with the cost for any other new priorities which may be identified in the School Estate Plan update. 

    Photo: Aberdeen Grammar School. 

    MIL OSI United Kingdom

  • MIL-OSI Canada: Two Quebec-based companies and two individuals fined a total of $35,000 for violating the Species at Risk Act

    Source: Government of Canada News

    April 30, 2025 – Longueuil, Quebec

    Environment and Climate Change Canada enforcement officers work across the country to enforce the laws and regulations that protect and conserve wildlife and its habitat. They work to reduce threats and harm to biodiversity.

    On April 3, 2025, at the Longueuil Courthouse, the companies Habitations Pilon Inc. and Les excavations Jacques Germain & fils Inc. pleaded guilty to one count each of violating prohibitions set out in the Emergency Order for the Protection of the Western Chorus Frog Great Lakes / St. Lawrence — Canadian Shield Population (the Emergency Order), in contravention of the Species at Risk Act (the Act). Marc-André Tarte, a Chambly resident and the construction manager for the company Habitations Pilon Inc., and Maxime Germain, an excavator operator for Les excavations Jacques Germain & fils Inc. and a Chambly resident, also pleaded guilty to one count each in connection with the same offences. They were sentenced to pay fines totalling $35,000. An amount of $30,000 will be directed to the Government of Canada’s Environmental Damages Fund and $5,000 will be paid to the Receiver General for Canada.

    On November 16, 2023, during a routine patrol, Environment and Climate Change Canada enforcement officers observed evidence of heavy machinery traffic in the area protected by the Emergency Order. Officers also observed crushed vegetation. The visible damage covered an area of approximately 612 m2. After investigating, they were able to determine that the companies Habitations Pilon Inc. and Les excavations Jacques Germain & fils Inc. were responsible for the damage caused by heavy machinery traffic in the protected area. The companies and their employees had driven through the area where the Emergency Order applies to make changes to a billboard. In so doing, the companies and the individuals violated subsection 2(1) of the Emergency Order.

    A violation of the provisions of an emergency order constitutes an offence under the Species at Risk Act. The Emergency Order prohibits using vehicles anywhere other than on roads or paved paths. It also prohibits removing, pruning, mowing, damaging, destroying, or introducing any vegetation. In addition, the Emergency Order prohibits installing or constructing any infrastructure or performing maintenance on any infrastructure within the enforcement area. The Act prohibits killing or harming an individual of a wildlife species listed as threatened, as well as damaging or destroying the habitat of one or more species.

    Environment and Climate Change Canada has created a free subscription service to help Canadians stay current with what the Government of Canada is doing to protect the natural environment.

    MIL OSI Canada News

  • MIL-OSI USA: Latta Washington Times Op-Ed: A Plan for American Energy Dominance

    Source: United States House of Representatives – Congressman Bob Latta (R-Bowling Green Ohio)

    Latta Washington Times Op-Ed: A Plan for American Energy Dominance

    Washington, April 30, 2025 | Ashley Juhn (202-225-6405)

    WASHINGTON, D.C.—In a new op-ed in the Washington Times, Congressman Bob Latta (R-OH-5), the Chairman of the Energy Subcommittee on the Energy and Commerce Committee details his all-of-his-above strategy for a new era of American energy dominance working with the Republican majority in Congress and the Trump administration.

    Below, please find an excerpt from the op-ed.

    A plan for American energy dominance

    Washington Times

    By: Congressman Bob Latta

    April 28, 2025

    With global tensions on the rise and energy prices increasing across the country, the new administration has made one thing quite clear: American energy dominance is no longer agoal-it’s a necessity. As chairman of the Energy Subcommittee on theEnergy and Commerce Committee, I’m committed to advancing an all-of -the-above energy approach that strengthens our economy, protects our national security, and puts American workers first. We must come together not only to reverse the damage caused by the Biden administration’s misguided policies, but also to build a resilient, proactive energy future that prioritizes innovation, affordability, and reliability.

    I firmly believe that we need to produce more energy in this country, not less. At a recent Energy Subcommittee hearing, I asked the Regional Transmission Organizations (RTO) and Independent System Operators(ISO) if America needs more or less energy to meet demand. Every witness said America needs to produce more energy to meet the growing demand. At the same time, they all agreed that we can’t be taking current generation offline. More energy is needed for consumers, small and large manufacturers, agriculture, and medical facilities.

    What is the largest contributing factor for our growing energy needs? AI data centers…

    The Department of Energy reported that data centers’ load growth tripled over the past decade, and will likely double to triple in the next three years…

     Energy security is national security.

    MIL OSI USA News

  • MIL-OSI Africa: International Islamic Trade Finance Corporation (ITFC) and Asakabank Ink US$ 20 Million Trade Finance Deal to Strengthen Uzbekistan’s Private Sector

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

    TASHKENT, Uzbekistan, April 30, 2025/APO Group/ —

    The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, has signed a US$ 20 million Line of Trade Finance Agreement with Asakabank to bolster trade finance solutions for SMEs and private sector clients in Uzbekistan.  

    Structured under Murabaha, this facility is designed to support trade finance needs of SMEs, enabling business expansion, strengthening economic resilience, and contributing to sustainable development. By advancing UN SDG 8 (Decent Work and Economic Growth), the agreement empowers businesses to thrive, create jobs, and drive long-term economic progress. 

    Through this financing, private sector companies in Uzbekistan will gain access to vital import and pre-export funding, further stimulating trade and enhancing key industries that drive the nation’s economic growth. This strategic partnership marks a key milestone, making Asakabank ITFC’s newest partner institution and increasing the number of active ITFC partner banks in Uzbekistan to 12.  

    Commenting on the signing, Mr. Abdihamid Aweis Abu stated: “The private sector serves as a key driver of economic growth in Uzbekistan, making access to funding essential for its contribution to the country’s development. At ITFC, we are delighted to launch this strategic collaboration with Asakabank and are committed to strengthening our partnership to enhance trade finance accessibility for Uzbekistan’s private sector and SMEs, empowering them to drive economic progress, as well as supporting the growth of Islamic finance in the country”. 

     “This agreement opens up new horizons for mutually beneficial cooperation and strengthens our bank’s position on the international stage. The agreement with ITFC marks a strategic step for Asakabank, as ITFC is an organization that provides financial support at the international level and supports projects aligned with the principles of Islamic finance. This partnership will unlock new opportunities for Asakabank to attract investment, expand the range of services offered to our clients, and introduce innovative financial products. The agreement with ITFC paves the way for the development of the banking sector, promotes capital markets, and helps attract needed funding to support the private sector and SMEs.” Said Mr Tulyaganov Kudratilla, Chairman of the Board of AsakaBank.  

    This financing aligns with the US$ 600 million Framework Agreement signed between ITFC and the Republic of Uzbekistan in March 2024, reinforcing ITFC’s ongoing efforts to enhance trade finance access for SMEs and private sector businesses. 

    Since 2019, ITFC has approved over US$ 168 million in financing for Uzbekistan’s private sector, facilitating trade and contributing to economic development.  

    MIL OSI Africa

  • MIL-OSI: Exporters & Importers Get Smarter with New Export Genius Dashboard

    Source: GlobeNewswire (MIL-OSI)

    NEW DELHI, April 30, 2025 (GLOBE NEWSWIRE) — Export Genius, a renowned name in global trade data, has announced the launch of its newly upgraded dashboard – designed to help exporters, importers, analysts, and business owners work more efficiently and make smarter trade decisions.

    In a world where trade is evolving rapidly, having raw data isn’t just enough. Businesses need access to trade data with the right tools to make sense of it. That’s exactly what this new dashboard delivers.

    “At Export Genius, we know how tough it can be to tackle trade data,” says Ankur Gupta, the Founder. “That’s why our new features don’t just add more data, instead they turn it into clear insights you can act on.”

    Built For You – Features That Solve Real Trade Challenges

    We’re excited to introduce powerful new tools that save you time, reduce guesswork, and make trade data truly actionable.

    Global Search

    All Your Country Data, United In One View

    Global Search brings all your subscribed countries’ trade data onto one screen, so you no longer have to jump between reports or pages. You get a unified view that makes spotting trends, tracking demand and supply, and making smart decisions easier.

    All Summary

    A Full Market Snapshot – Even Beyond Your Plan

    All Summary delivers a complete market snapshot about which country’s data to explore. It shows sample trade details (origins, buyers, quantities) alongside rising demand and active markets, so you can instantly spot opportunities.

    By combining real data on trade trends and preview access, it helps you pick the countries worth unlocking and focus on the markets that align with your goals.

    Custom Sorting

    Shape Your Data To Fit Your Goals

    Custom Sorting lets you arrange and filter your trade data – by HS code, country, date, importer, or supplier – in whatever order suits your workflow.

    Ready to Experience the New Dashboard?

    Book a personalized walkthrough, visit Export Genius or request a demo today!

    About Export Genius:

    Export Genius is a global trade intelligence platform helping businesses of all sizes turn raw import-export data into actionable insights. With coverage in 190+ countries, we serve thousands of customers with the tools they need to identify markets, track competitors, and make smarter trade decisions.

    Photo available: https://www.globenewswire.com/NewsRoom/AttachmentNg/60f16f85-558a-4024-9d43-07fb0bed4368

    The MIL Network

  • MIL-OSI: Amplify ETFs Declares April Income Distributions for its Income ETFs

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 30, 2025 (GLOBE NEWSWIRE) — Amplify ETFs announces April income distributions for its income ETFs.

    ETF Name Ticker Amount per Share Ex-Date Record Date Payable Date
    Amplify Samsung SOFR ETF SOFR $0.36005 4/29/25 4/29/25 4/30/25
    Amplify Bloomberg U.S. Treasury 12% Premium Income ETF TLTP $0.23290 4/29/25 4/29/25 4/30/25
    Amplify CWP Growth & Income ETF QDVO $0.22650 4/29/25 4/29/25 4/30/25
    Amplify COWS Covered Call ETF HCOW $0.20157 4/29/25 4/29/25 4/30/25
    Amplify CWP International Enhanced Dividend Income ETF IDVO $0.15915 4/29/25 4/29/25 4/30/25
    Amplify CWP Enhanced Dividend Income ETF DIVO $0.15840 4/29/25 4/29/25 4/30/25
    Amplify High Income ETF YYY $0.12000 4/29/25 4/29/25 4/30/25
    Amplify Natural Resources Dividend Income ETF NDIV $0.11229 4/29/25 4/29/25 4/30/25
               

    About Amplify ETFs
    Amplify ETFs, sponsored by Amplify Investments, has over $10 billion in assets across its suite of ETFs (as of 3/31/2025). Amplify ETFs deliver expanded investment opportunities for investors seeking growth, income, and risk-managed strategies across a range of actively managed and index-based ETFs. Learn more visit AmplifyETFs.com.

    Sales Contact:
    Amplify ETFs
    855-267-3837
    info@amplifyetfs.com
                                        Media Contacts:
    Gregory FCA for Amplify ETFs
    Kerry Davis
    610-228-2098
    amplifyetfs@gregoryfca.com
         

    This information is not intended to provide and should not be relied upon for accounting, legal or tax advice, or investment recommendations. To receive a distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date. There is no guarantee that distributions will be made in the future. Your own trading will also generate tax consequences and transaction expenses. Past distributions are not indicative of future distributions. Please consult your tax professional or financial adviser for more information regarding your tax situation.

    Carefully consider the Funds’ investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in Amplify Funds’ statutory and summary prospectuses, which may be obtained at AmplifyETFs.com. Read the prospectuses carefully before investing.

    Investing involves risk, including the possible loss of principal.

    Amplify ETFs are distributed by Foreside Services, LLC.

    The MIL Network

  • MIL-OSI USA: Cortez Masto Highlights Pain Trump’s First 100 Days Have Caused Nevada Working Families and Businesses

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto
     ***VIDEO AVAILABLE***
    FTPs for TV stations is available here.
    Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) spoke on the Senate floor on the 100th day of President Donald Trump’s second term to highlight the disastrous impacts President Trump’s agenda have had on hardworking Nevadans and their businesses.
    Throughout the start of Trump’s term, the Senator Cortez Masto has pushed multiple Departments under the Trump Administration for detailed, public information regarding the impacts of President Trump’s federal funding freeze, hiring freeze, and terminations on Nevada – including to the Department of the Interior, the U.S. Forest Service, the National Nuclear Security Administration, the Department of Veterans Affairs, Department of Agriculture, General Services Administration, Department of Health and Human Services, and Consumer Finance Protection Bureau.
    Senator Cortez Masto has also repeatedly called out President Trump and Congressional Republican’s attempts to slash Medicaid to pay for tax cuts for billionaires. And she has continued to push the Trump Administration to address the impacts of Trump’s tariffs on working families, small businesses, and Nevada’s travel and tourism economy.
    Below are her remarks as prepared for delivery:
    While campaigning last year in Bozeman, Montana, Donald Trump said, “Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all goods.”
    Well, it’s been 100 days since he entered the White House, and here’s what he’s given us so far:
    His tariffs are increasing costs for the average family by more than $4,000 a year.
    He has slashed billions from programs that everyday Americans rely on, including $1 Billion for mental health care services.
    He has directed Elon Musk and his unqualified loyalists to fire more than 121,000 federal employees delivering essential services – everyone from to Park Rangers tasked with keeping Americans safe to scientists researching cures to deadly diseases.
    He’s pushing House and Senate Republicans to rubber stamp a plan to cut nearly $1 trillion dollars from Medicaid in order to give tax cuts to billionaires.
    And he’s created endless chaos and uncertainty.
    I could go on and on – that’s just how much damage President Trump has caused to our country in 100 days – but I want to take some time to focus on the impact his economic agenda is having on our small businesses.
    I’m from Nevada, where there are almost 300,000 small businesses.
    These mom-and-pop shops are the lifeblood of our economy and are a part of the fabric of every community.
    And it’s these small businesses that are bearing the brunt of President Trump’s destructive tariffs.
    Now, I believe targeted tariffs on our adversaries can be a useful tool to protect American jobs and support our national security.
    But these blanket tariffs are the opposite of that.
    These last two weeks – while back home in Nevada – I got a first-hand account of what small businesses are having to deal with.
    I heard these concerns from three small business owners in Las Vegas: Juanny, Santy, and Kristen. All three of these women own shops that serve specialty drinks and incredible food to Nevadans – from coffee and boba to tacos.
    In Vegas – as you may know – travel and tourism are the backbone of our economy.
    When people come to Las Vegas they don’t just visit the Strip. They go to Chinatown, and the arts district, and all over the valley to patronize our small businesses.
    For many business owners – like Juanny, like Santy, like Kristen – their margins are already razor-thin, and tourism is key to meeting their bottom line.
    But because of President Trump’s tariffs, we’re already seeing a decline in visitors coming to Las Vegas. 
    Whether people are staying home because they don’t have any room in their budgets for a vacation, or international tourists are choosing other destinations – Trump’s economic agenda is threatening to crater our $2 trillion tourism economy. 
    That hurts our small businesses!
    And when they can’t keep up because costs are rising, because they have fewer patrons, or because of the higher cost of importing their supplies – they’re forced to raise their prices and pass the burden onto customers.
    It’s unsustainable.
    And this same sentiment is echoed in the Northern part of our state.
    In Reno, I spoke to Mark, a small coffee shop owner who is already asking himself how he can continue to navigate everyday operations amid the uncertainty.
    He doesn’t want to pass higher costs onto customers, but if Trump’s erratic tariff agenda continues, he may have no choice.
    Trump says Americans must accept short-term pain for long-term gain, but what is there to be gained if hardworking Nevadans have to close the doors of their businesses?
    I think to myself, if it’s only been 100 days, how much damage is he going to potentially cause in the next 100?
    In the 1361 days left in his term?
    It’s been 100 days, and small businesses across the United States may soon be faced with having to close up shop.
    What’s going to happen to Juanny, to Mark, to Santy, to Kristen?
    Will they make it through the rest of Trump’s term?
    I don’t know the answer.
    But I hope my Republican colleagues stop rubber stamping Trump’s harmful agenda and actually stand up for working families and small businesses.

    MIL OSI USA News

  • MIL-OSI United Kingdom: Kanga power! Homegrown cotton for a homegrown economy – UK & Kenya launch Lamu cotton processing facility.

    Source: United Kingdom – Executive Government & Departments

    World news story

    Kanga power! Homegrown cotton for a homegrown economy – UK & Kenya launch Lamu cotton processing facility.

    A partnership between Kenya, the UK and private sector to deliver growth and jobs by reducing reliance on foreign imports, supporting women and the environment.

    The (L-R) Lamu County Governor, H.E Issa Timamy; Hon. Lee Kinyanjui, CS Trade Investments and Industry, Kenya; Principal Secretary for Investments – Mr. Abubakar Hassan Abubakar, Kenya; and Ms. Tejal Dodhia, Managing Director, Thika Cotton Mills; officially lay the foundation stone at the Lamu cotton ginnery, Lamu County, Kenya.

    The UK, Kenya, and the County Government of Lamu have joined forces to lay the foundation stone at a new cotton processing facility in Lamu County. 

    This four-way partnership between the UK, national government, local government and the private sector is a great example of the how the UK and Kenya are working together to deliver homegrown economic growth and jobs – a standout example of the tangible results that collaboration can achieve. 

    Construction will begin immediately and is hoped to be completed by November 2025. The project is expected to support up to 5000 jobs in the next three years. 

    The Hon. Lee Kinyanjui, Cabinet Secretary for Ministry of Investments, Trade and Industry, said:

    The ginnery, by Thika Cloth Mills, will boost cotton uptake and thus earn farmers more income, create jobs, and provide raw material for the textile industry. 

    With the infrastructure supporting export including a special economic zone, Lamu Port and LAPPSET, Lamu will be the hub for investors in the region.

    British Deputy High Commissioner to Kenya, Ed Barnett, said:

    The UK is a long-term partner for long-term economic growth in Kenya. This project is a testament to the power of partnerships – the UK, national government, and county governments have joined forces with the private sector to deliver 5,000 jobs and future economic growth. 

    This partnership will reduce reliance on imports, put money in the pockets of farmers. It will strengthen, stabilise and support a sustainable homegrown cotton industry in Kenya. Long live Kenya kanga!

    This partnership directly supports the Government of Kenya’s textiles and garments national development priority, by reducing reliance on foreign imports – which currently make up around 90% of cotton in the country. Kenya currently produces 3,000 bales of cotton per year, whilst the total demand ranges between 140,000 – 260,000. This partnership will develop a homegrown cotton industry and allow Kenyan businesses to capitalise on economic opportunities within their own country. 

    The processing plant will create jobs and stimulate economic growth in Lamu County. It is hoped the facility will triple cotton production in Lamu from 2,000 bales per year to 6,000 over the next three years. This will also support local cotton farmers as the facility will be built close to farms, reducing transportation costs as well as providing them with a larger market for their produce. The proposed plant will not only source cotton from Lamu County but from Kilifi, Tana River, Kwale, and Taita Taveta counties. 

    The reduced need for transportation is expected to decrease the carbon footprint of the textile production process by 262 metric tons of carbon dioxide every year, supporting Kenya’s climate ambitions. 

    This project will also have a positive social impact and place a significant emphasis on providing substantial economic opportunities to women and promoting gender equality, as the employees at the processing plant are expected to be at least 50% women.  

    The programme falls under the UK’s Sustainable Urban Economic Development programme (SUED), which aims to add value to Kenyan agricultural produce before export. 

    The UK has provided seed-funding to de-risk the investment for all partners involved. The Government of Kenya has provided additional funding, with the remaining funds being provided by Thika Cotton Mills. Lamu County sealed the deal by providing land for the ginnery. 

    SUED has been operational in Lamu for four years, and this is the programme’s fourth value-chain project in the county. It has secured investors for the cotton ginnery as well as fish processing, coconut processing, and cashew nut processing facilities. Across Kenya, our £8 million seed fund investments through SUED have helped unlock £48 million in private capital and supported the creation of more than 10,000 jobs. 

    The UK Government partners with Kenya across multiple sectors in Lamu County. The UK supports: trade and investment though the development of infrastructure and customs processes at Lamu Port; regional security through programmes to counter violent extremism; and environmental programmes to reduce plastic pollution and increase biodiversity. 

    Notes for Editors

    Photo and video content

    Google Drive link

    The UK-Kenya Strategic Partnership

    The UK-Kenya strategic partnership joint statement can be found here

    Funding

    • The UK has provided seed funding to de-risk a private sector investment project. 

    • The Government of Kenya has subsequently provided additional financing to further support the investment through the Kenya Development Corporation (KDC) 

    • The Lamu county government has supported the venture with land acquisition and created an enabling local operating environment.  

    What is the SUED program?

    SUED is a seven year, £43m programme that seeks to create jobs and promote inclusive economic growth in selected municipalities across Kenya, through better urban planning and by attracting increased investment – including both investments in climate resilient infrastructure and agricultural processing projects 

    Thika Cotton Mills

    • Thika Cloth Mills Limited (TCM) was established in 1958 and is one of the leading Kenyan textile manufacturers. 

    • The mission of the company is “Bringing textiles home”, and the vision is “Creation of employment to improve livelihoods and alleviate poverty in Kenya”.  

    • The company has been an active participant in the “Buy Kenya Build Kenya”3 initiative, sourcing most of their raw materials locally. 

    • TCM owns and operates a plant in Thika that employs 700 staff and manufactures 100% cotton fabrics, polyester cotton fabric and blended polyester viscose. 

    • TCM currently sources raw cotton lint from ginneries in Makueni, Kitui, Rift Valley, and Meru. 

    • They work with over 10,000 farmers covering approximately 50% of Kenya’s cotton growing region   

    Contact

    British High Commission: Tom Walker tom.walker2@fcdo.gov.uk  

    SUED: Louisa Nandege Ssennyonga louisa.nandegessennyonga@tetratech.com

    Updates to this page

    Published 30 April 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Birmingham wholesaler which left trail of debts is shut down

    Source: United Kingdom – Executive Government & Departments

    Press release

    Birmingham wholesaler which left trail of debts is shut down

    Wholesaler accused of falsely inflating company credit rating and failing to pay for goods and services purchased on credit

    • Investigators feared SAK Wholesale Limited in Birmingham had become a ‘vehicle for fraud’ 

    • They were unable to trace where funds for more than £2.5 million of payments came from 

    • Accounts were falsely inflated to boost company credit rating – then management disappeared, leaving creditors out of pocket 

    A Birmingham-based wholesaler has been shut down amid concerns it was a ‘vehicle for fraud’. 

    SAK Wholesale Limited, based on the Alexandra Trading Estate in Handsworth, was wound up at a hearing at the High Court in Manchester on Tuesday 29 April. 

    The court was told there were concerns about the accuracy of the company’s annual accounts and that profits may have been overstated, enabling the directors to apply for thousands of pounds of goods and services on credit which were never paid for.  

    The directors failed to co-operate with Insolvency Service investigators, who discovered the company’s registered office in Handsworth had been stripped and abandoned, despite its website still being operational.  

    David Hope, chief investigator at the Insolvency Service, said: “There are serious concerns about SAK Wholesale being used as a vehicle for fraud. 

    The company has seemingly been abandoned – but still owes over £270,000 to its creditors. Despite this, payments of over £2.5million were made from the company over a period of two months in 2022, but without proper records, we were unable to confirm where this money came from. 

    Accounts were not submitted for the last financial year, and the veracity of accounts submitted in previous years is in doubt. 

    Despite the directors of SAK Wholesale refusing to cooperate with our investigation, the records we uncovered showed the company operated with a real lack of transparency and had a history of improper behaviour. 

    This winding-up order will help protect the public and business community by ensuring SAK Wholesale can’t be used for future trading.

    Investigators from the Insolvency Service found the company had used its good credit rating to secure thousands of pounds of goods and services from suppliers.    

    Investigators also discovered that wording on the company’s website had been lifted directly from a local competitor’s website.  

    A lack of banking records for SAK meant investigators were unable to identify legitimate trading, customers or company expenditure – with £2.5m of payments made from a company account between April and June 2022 essentially unaccounted for.  

    Alongside this, one of SAK’s company accounts received an unauthorised third-party payment of £200,000 which SAK was not entitled to. This transaction was refunded by the bank when the third party discovered the money had left its account.  

    The Official Receiver has been appointed as liquidator of SAK Wholesale Limited. 

    All enquiries concerning the affairs of the company should be made to the Official Receiver of Public Interest Unit: PO Box 16664, Birmingham, B2 2JQ. piu.or@insolvency.gov.uk.  

    Further information 

    Updates to this page

    Published 30 April 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Flying Heavy: How DASA-funded UAS Revolutionises Military Logistics

    Source: United Kingdom – Executive Government & Departments

    Case study

    Flying Heavy: How DASA-funded UAS Revolutionises Military Logistics

    With the help of DASA funding, ISS Aerospace developed a 600kg heavy-lift unmanned aerial system (UAS) capable of carrying 250kg payloads

    • The innovation features a unique hybrid turbine generator power system that eliminates the need for complex electrical recharging infrastructure in the field
    • DASA’s Defence Technology Exploitation Programme (DTEP) provided critical funding that enabled ISS to create this technology
    • Successfully trialled in 2025, this project represents the first completed DTEP project

    From Ship to Shore in Minutes

    On naval vessels around the world, the same time-consuming scene plays out daily: crew members transfer supplies between ships or from ship to shore using small boats, manual labour, and helicopter support. This process can be slow, resource-intensive, and vulnerable to disruption from weather conditions.

    Now picture a different scenario: an unmanned aerial system takes flight from a ship, automatically lands on a waiting pallet of supplies, autonomously secures its load without human intervention, and lifts off – delivering cargo to shore in a fraction of the traditional time – and then – heads back to the ship for more supplies.

    With the help of DASA funding, this vision of automated logistics is becoming reality thanks to Newbury-based ISS Aerospace and their revolutionary heavy-lift drone system, funded through DASA’s Defence Technology Exploitation Programme (DTEP).

    Funded by DASA: ISS Aerospace UAS Flight Test

    The Innovation: Power and Payload

    ISS Aerospace’s system represents a significant leap forward in unmanned aerial capabilities. At 600kg total weight, it can carry a remarkable 250kg payload – equivalent to two fully-equipped soldiers – with flight times currently at 35-40 minutes.

    “The innovation is three-pronged,” explains Ryan Kempley, CEO, and founder of ISS Aerospace. “First, it is a super heavy-lift UAS, which itself is quite unique. Second, we’ve brought across our heritage of super reliable, super safe systems. Third, and the main reason DTEP funded this project was because of our unique turbine power plant that powers the system”.

    The innovation’s standout feature is its hybrid turbine generator power system. Rather than relying on traditional battery packs that require complex and frequent recharging infrastructure, ISS Aerospace developed a system that uses efficient aviation fuel.

    The hybrid turbine generator power system

    “Our UASs fly around at 100 to 120 kilowatts, so they need a lot of power,” Kempley explains. “You can buy auxiliary power unit (APU) turbine generators off the shelf, but they’re extremely expensive – in the hundreds of thousands of pounds – and very heavy, around 100+ kilos.”

    ISS’s solution repackages high-end micro gas turbines with hybrid battery technology to create their own 100-kilowatt generator at a fraction of the cost and weight of conventional systems.

    Engineering Challenges and Breakthroughs

    Creating this power system required solving complex engineering challenges. The team developed sophisticated control systems to maintain perfect balance between turbine power generation and battery usage.

    “If we charge the battery too fast, problems happen. If we deplete the battery too fast, problems happen,” notes Kempley. “But we came out with something that essentially means if all the turbines die, we still keep flying. If the battery dies and the turbines are running, we still keep flying. If one or two turbines die, we still keep flying. It’s very robust in terms of resilience.”

    This level of reliability is crucial for military logistics operations where failure could compromise mission-critical supplies.

    The system already outperforms competitors in its class, but ISS has identified further enhancements. “We’ve already identified a new supporting turbine that takes us up to around 3-3.5 hours of flight,” Kempley notes.

    Transforming Military Logistics

    In the competitive landscape of heavy-lift drones, ISS has positioned itself in a unique category. Below their 250-300kg payload capability sits systems carrying 60-100kg, while above them are much larger single-rotor helicopters or fixed-wing aircraft that are around the size of shipping containers.

    The potential military applications are significant, particularly for naval logistics. The system can be used for last-mile ship-to-ship and ship-to-shore transport, where Kempley notes “90% of stores between ships or even on last-mile logistics are below 150 kilos.”

    Further enhancing its capabilities, ISS recently won another MOD contract under Project Morrigan to develop a universal payload release mechanism, allowing the drone to automatically pick up and deliver cargo without human intervention.

    “You just land on top of your package on the deck and then take off again. You’re done. There’s no unloading or loading,” explains Kempley. “When you get to that stage, it’s many multiples quicker than current methods.”

    DTEP: Making Innovation Possible

    For ISS Aerospace, DASA’s DTEP funding was transformative. Founded ten years ago, the company has evolved from a small commercial business into a growing enterprise with 14 staff, projected to reach 22 by year’s end – all through organic growth.

    “Developing that kind of turbine system and UAS is costly – raw materials alone are a couple hundred thousand pounds, plus hundreds of hours of man-time,” Kempley emphasises. “As a small company, we could never have afforded to just go out and decide to develop this UAS. It would have been impossible without DTEP.”

    DTEP’s emphasis on commercialisation and post-project success has been particularly valuable for the SME. “There’s a lot more emphasis on commercialisation, what we’re going to do afterwards and how we’re going to make it successful”, Kempley notes.

    From Concept to Flight

    Funded back in September 2023, this represents the first completed DASA DTEP project, highlighting the programme’s ability to bring innovative concepts to reality quickly.

    The project recently culminated in successful test flights of the UAS, proving the design, and gaining valuable in-flight data, with a further demonstration planned to showcase the complete system to stakeholders. Next steps also include cosmetic additions to the platform, such as a cowling (a removable engine cover) and testing and improvement to the control and power systems before the V1 system is rolled out to end users later in 2025.

    The ISS Aerospace team with the UAS

    For a company that began in commercial applications before gradually expanding into defence, DASA’s support has been instrumental in enabling growth and technological advancement. ISS now balances its business with approximately 60-70% defence work and 30-40% commercial applications.

    As drones continue revolutionising military logistics, ISS Aerospace’s innovation stands to transform how supplies move between ships and shore – making operations faster, more efficient, and ultimately more effective in supporting forces on the ground.

    Updates to this page

    Published 30 April 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: Attorney General Bonta: Trump Administration Unlawfully Cancelled Grants Intended to Root Out Housing Discrimination

    Source: US State of California

    Wednesday, April 30, 2025

    Contact: (916) 210-6000, agpressoffice@doj.ca.gov

    OAKLAND — California Attorney General Rob Bonta today co-led a coalition of 21 attorneys general in filing an amicus brief in support of non-profit housing organizations harmed by the Trump Administration’s unlawful cancellation of Fair Housing Initiatives Program (FHIP) grants. Congress established FHIP in 1988, requiring the U.S. Department of Housing and Urban Development (HUD) to provide funds to non-profit housing organizations that carry out investigatory, enforcement, education, and outreach activities aimed at rooting out discrimination in the provision of housing. Congress has specifically appropriated funds to HUD for this purpose every year since FHIP’s inception. 

    On February 27, HUD cancelled 78 preexisting FHIP grants — totaling approximately $30 million — effective immediately and with no prior warning. HUD offered no rationale for its action beyond a blanket assertion that the decision was made at the direction of President Trump and the Department of Government Efficiency because the grants purportedly “no longer effectuate…the program goals or agency priorities.” Three non-profit housing organizations that receive FHIP grants subsequently filed a class-action lawsuit — Massachusetts Fair Housing Center v. HUD — against the Trump Administration on behalf of all similarly situated organizations that had FHIP grants terminated on February 27. California is home to at least 7 fair housing organizations whose FHIP funds would be terminated. 

    “As I’ve said over and over again, the Trump Administration is not above the law. My fellow attorneys general and I are proud to be supporting non-profit organizations that Congress tasked to root out housing discrimination in our communities. The termination of these grants was illegal, and they must be reinstated,” said Attorney General Bonta. “The stakes are high — many of these non-profit organizations would be forced to close their doors without the grants and our states would suffer severe harms in tackling housing discrimination.” 

    On March 26, 2025, the class of non-profit housing organizations secured a temporary restraining order from the U.S. District Court for the District of Massachusetts requiring the Trump Administration to continue providing the FHIP grants. The court, however, later dissolved the temporary restraining order and the non-profit housing organizations are currently asking that it be reinstated.  

    In the amicus brief, which was filed in the U.S. Court of Appeals for the First Circuit, the attorneys general argue that: 

    • If allowed to take effect, HUD’s sudden and unlawful action will immediately and severely upend the important work of these FHIP organizations, resulting in more housing discrimination being left undetected and unredressed in their states. 
    • In several crucial ways, the work done by the non-profit housing organizations complements the efforts of their states to provide safe, fair, and affordable housing to their residents while easing administrative burdens on their states. For example, a FHIP organization in California brought significant evidence to the California Civil Rights Department demonstrating that a property-management company in the San Francisco Bay Area had adopted overly restrictive rules that effectively barred rental applications from families with young children. Based on that evidence, the Department filed a lawsuit, which yielded a consent decree in 2023 prohibiting these rules and requiring restitutionary payments to affected families. 
    • The non-profit housing organizations are likely to succeed on the merits of their claims. HUD’s determination to void 78 preexisting FHIP grants, with no explanation or consideration of the consequences to their states and their residents and communities, was arbitrary and capricious in violation of the Administrative Procedure Act. 

    Joining Attorney General Bonta in co-leading today’s amicus brief are New York Attorney General Leticia James and Massachusetts Attorney General Andrea Campbell. They are joined by the attorneys general of Arizona, Colorado, Connecticut, Delaware, the District of Columbia, Hawaii, Illinois, Maine, Maryland, Minnesota, Nevada, New Jersey, New Mexico, North Carolina, Oregon, Rhode Island, Vermont, and Washington. 

    A copy of the amicus brief can be found here.

    # # #

    MIL OSI USA News

  • MIL-OSI Europe: ECB introduces changes to the dedicated credit facility for euro area CCPs

    Source: European Central Bank

    30 April 2025

    • Discretionary activation by the Governing Council no longer required
    • Additional safeguards introduced in relation to financial soundness and sound liquidity risk management
    • Changes will come into effect through the adoption of relevant legal acts in 2025, including the TARGET Guideline

    The Governing Council of the European Central Bank (ECB) decided to implement changes to the dedicated Eurosystem overnight credit facility, which serves as a crisis-related liquidity backstop for eligible euro area central counterparties (CCPs) under the TARGET Guideline.1 Currently, activation of the CCP credit facility requires a decision by the ECB Governing Council. This discretionary activation will be no longer required to ensure prompt operationalisation, meaning that the CCP credit facility will be immediately available to eligible euro area CCPs if needed.

    CCPs are systemically important financial market infrastructures. Under normal operating conditions, their liquidity inflows and outflows are balanced by the end of the day, meaning that they do not generally encounter liquidity mismatches. In situations of severe financial stress, however, it may not be feasible for a CCP to manage its potentially sizeable liquidity needs through market-based solutions in a timely manner. In these circumstances, the CCP credit facility can provide a pre-arranged and effective liquidity backstop.

    The revised CCP credit facility remains subject to the TARGET Guideline and is outside the monetary policy implementation framework.

    Euro area CCPs need to meet the relevant requirements set out in the TARGET Guideline to access the CCP credit facility. As part of these requirements, new safeguards are being introduced to ensure that only euro area CCPs that are financially sound and have sound liquidity risk management may access the CCP credit facility. In case of non-compliance with these safeguards, the ECB Governing Council may decide on discretionary measures on the grounds of prudence. The interest rate applicable to borrowings under the CCP credit facility will be the ECB marginal lending facility rate. The maturity of the facility will be overnight, with the possibility of rolling over across business days. Collateralisation requirements will continue to apply in line with the current provisions of the TARGET Guideline.

    The aforementioned decision of the Governing Council concludes a review of the CCP credit facility by the Eurosystem central banks that has been conducted over the past years. The changes to the CCP credit facility will come into effect through an amendment to the TARGET Guideline and the adoption of further legal acts dedicated to the aforementioned safeguards, the assessments underpinning those safeguards and related discretionary measures of the Eurosystem on the grounds of prudence. The application date of all related legal acts is foreseen for the fourth quarter of 2025. Once formally adopted, the relevant legal acts will be published.

    For media queries, please contact Alessandro Speciale, tel.: +49 172 1670791

    Notes

    MIL OSI Europe News

  • MIL-OSI Europe: OLAF and Polish authorities uncover major VAT import fraud scheme

    Source: European Anti-Fraud Offfice

    Press release no. 10/2025
    PDF version 

    This press release is also available in Polish.  

    Close cooperation between the European Anti-Fraud Office (OLAF) and Polish national authorities has led to the uncovering of a sophisticated VAT fraud scheme involving goods imported from China into the European Union. Acting on intelligence and information provided by OLAF, Polish authorities carried out a criminal investigation, resulting in the arrest of four individuals and searches at 50 locations across the country.

    Working closely with customs and fiscal authorities in Poland, Germany, Czechia, Lithuania, and Latvia, OLAF identified a complex network exploiting the so-called “customs procedure 42″—a mechanism that allows for deferred VAT payments on goods imported into one Member State and transported to another.

    The suspected fraudsters transported goods arriving from China via railway border crossings into Germany under a customs transit procedure, suspending customs duties and VAT. Once in Germany, the goods were declared under procedure 42, only to be transported back to Poland and stored in warehouses near Wólka Kosowska, a major commercial hub.

    Operating through transport companies, logistics providers, and dozens of shell companies, the perpetrators falsely documented exports to other EU countries, mainly Lithuania. In reality, the goods remained in Poland or were illicitly distributed across the EU, including to Germany, Spain, France, and Italy—allowing for systematic evasion of VAT and the generation of significant illicit profits.

    The fraudulent activities were orchestrated by an organised group, operating behind a network of shell companies registered under the names of Lithuanian, Ukrainian, and Russian nationals.

    Following OLAF’s referral, the Regional Prosecutor’s Office in Kraków launched a criminal investigation. On 8 April 2025, Polish authorities—including officers from the Internal Security Agency (ABW), the National Revenue Administration (KAS), the Central Bureau of Investigation (CBŚP), and the Central Cybercrime Bureau (CBZC)—carried out an extensive enforcement operation.

    In addition to the four individuals that were arrested, authorities seized telephones, computers, data carriers, financial and accounting documentation, and almost 300 company stamps. Property was also temporarily seized. 

    The detainees have been charged with participation in an organised criminal group, money laundering, and falsification of legal documents. At the request of the prosecutor’s office, the District Court for Kraków-Śródmieście ordered their temporary detention for three months.

    OLAF Director-General Ville Itälä said: “This case is a clear example of how cross-border cooperation and intelligence-sharing are crucial in protecting the EU’s financial interests. Through close cooperation with national authorities, we can uncover even the most complex fraud schemes. We remain fully committed to supporting Member States in the fight against fraud and ensuring that those who seek to exploit our systems are caught and held fully accountable.”

    You can read more in the press release from the Regional Prosecutor’s Office in Kraków 

    OLAF mission, mandate and competences:
    OLAF’s mission is to detect, investigate and stop fraud with EU funds.    

    OLAF fulfils its mission by:
    •    carrying out independent investigations into fraud and corruption involving EU funds, so as to ensure that all EU taxpayers’ money reaches projects that can create jobs and growth in Europe;
    •    contributing to strengthening citizens’ trust in the EU Institutions by investigating serious misconduct by EU staff and members of the EU Institutions;
    •    developing a sound EU anti-fraud policy.

    In its independent investigative function, OLAF can investigate matters relating to fraud, corruption and other offences affecting the EU financial interests concerning:
    •    all EU expenditure: the main spending categories are Structural Funds, agricultural policy and rural development funds, direct expenditure and external aid;
    •    some areas of EU revenue, mainly customs duties;
    •    suspicions of serious misconduct by EU staff and members of the EU institutions.

    Once OLAF has completed its investigation, it is for the competent EU and national authorities to examine and decide on the follow-up of OLAF’s recommendations. All persons concerned are presumed to be innocent until proven guilty in a competent national or EU court of law.

    For further details:

    Pierluigi CATERINO
    Spokesperson
    European Anti-Fraud Office (OLAF)
    Phone: +32(0)2 29-52335  
    Email: olaf-media ec [dot] europa [dot] eu (olaf-media[at]ec[dot]europa[dot]eu)
    https://anti-fraud.ec.europa.eu
    LinkedIn: European Anti-Fraud Office (OLAF)
    Bluesky: euantifraud.bsky.social

    If you’re a journalist and you wish to receive our press releases in your inbox, pleaseleave us your contact data.

    MIL OSI Europe News

  • MIL-OSI United Kingdom: SFO opens European data centre bribery investigation

    Source: United Kingdom – Government Statements

    Press release

    SFO opens European data centre bribery investigation

    The SFO today searched five properties and made three arrests as it announced a new multi-million pound international bribery investigation.

    The Serious Fraud Office (SFO) today searched five properties and made three arrests as it announced a new multi-million pound international bribery investigation.  

    The target of the investigation is UK company Blu-3 and former associates of the global construction firm Mace Group.  

    The operation included a search of a suspect’s premises today by Monaco authorities with assistance from the SFO.  

    Individuals at Blu-3 are suspected of paying over £3 million of bribes to former associates of Mace Group in relation to the construction of a data centre in the Netherlands for the technology giant Microsoft.  

    More than 70 SFO staff searched four homes and one commercial property across London, Kent, Surrey and Somerset today to seize evidence. Three individuals were arrested for questioning. 

    The Solicitor General Lucy Rigby KC MP attended one of the arrests in North London this morning.  

    Today’s operation and our continuing investigation is supported by the National Crime Agency (NCA).   

    Nick Ephgrave QPM, Director of the Serious Fraud Office, said:   

    “Paying bribes to do business undermines our financial markets, the reputation of British companies and the rule of law and will not be tolerated.   

    “Today’s action is a reminder that we will take rapid and robust action to tackle suspected bribery and corruption wherever it appears – at home and overseas.”

    Updates to this page

    Published 30 April 2025

    MIL OSI United Kingdom

  • MIL-OSI Europe: Visit the EU institutions to celebrate Europe Day!

    Source: European Union 2

    The Schuman Declaration laid the foundations for the European Union and paved the way for an unprecedented era of prosperity, peace, democracy, solidarity and cooperation in Europe.

    To mark the occasion, many events will take place in EU Member States and around the world, bringing together citizens from all walks of life. The EU institutions will open their doors and invite citizens to visit their premises, discover their work and engage in a wide range of educational and entertaining activities.

    Landmark buildings and monuments across the globe will be illuminated in the EU colours, while a special Europe Day programme is planned for Expo 2025 in Osaka, Japan.

    In times of global uncertainty, Europe remains an anchor of stability – a place of opportunity and protection for its citizens. The EU and its institutions are working towards the common goal of ensuring prosperity and competitiveness, guaranteeing our security and defence, while upholding the fundamental values Europeans care about.

    European Parliament

    On 4 May, citizens of all ages will be able to attend the official Europe Day opening ceremony and take a seat in the hemicycle of the European Parliament in Strasbourg. The ceremony will begin with a video message from President Roberta Metsola, followed by a speech from Vice-President Younous Omarjee, and a musical performance by the Voix de Stras’ ensemble. Through various exhibits and interactive activities, visitors will learn how the Parliament works, how laws are made, and why European politics matters. Visitors will also be able to visit the “Changemakers” exhibition. On 10 May, the public will once again be given the chance to discover European democracy in action at the Parliament’s hemicycle in Brussels, with day-long activities emphasising the importance of citizen participation. In Luxembourg, special activities will mark the first anniversary of the Visitors’ Centre on 9 May, including the recently inaugurated Europa Experience. The following day, a rich cultural programme is planned in the Echternach Abbey courtyard. Full programme and events organised in the 27 EU countries.

    European Council/Council of the European Union

    On 10 May, the Council of the European Union will also open its doors, granting citizens an opportunity to follow in EU leaders’ footsteps. Guided tours throughout the day will offer visitors a rare look at where important European decisions are made. Each of the 27 Member States will host a stand, showcasing their culture, traditions, culinary specialties and more. Younger visitors can also expect tailor-made activities, including a treasure hunt and a “fun fact” quest designed specifically for kids. In honour of the Council’s 50th anniversary, the public will even be able to travel back in time and take a selfie with the leaders of 1974.

    European Commission

    On 10 May, citizens will also have the opportunity to visit the Commission’s iconic Berlaymont building in Brussels. Here, they will have the chance to learn about the Commission’s role and priorities, engage in series of activities, and find out more about initiatives and concrete benefits for their daily lives. Among others, visitors will have an opportunity to learn about the Commission’s efforts to boost European competitiveness both, promote social cohesion, protect democracy and protect fundamental rights, at home and abroad.

    European Central Bank

    As part of its Europe Day celebrations on 10 May, the European Central Bank (ECB) will bring the vibrant spirit of Europe to its hometown, Frankfurt am Main, by participating in the city’s Europa-Fest. Visitors will find the ECB at the “European Marketplace” on the Römerberg plaza, alongside Frankfurt-based European Insurance and Occupational Pensions Authority and the Authority for Anti-Money Laundering and Countering the Financing of Terrorism. In such a special year, celebrating 40 years of Schengen and the 75th anniversary of the Schuman Declaration, many themed activities have been organised, with the ECB even planning a lightshow, to be projected onto the west wing of the city’s Grossmarkthalle. In Brussels, the ECB will also host its own stand at the Commission’s Europe Day event.

    European Investment Bank

    The European Investment Bank (EIB) Group will welcome visitors to its stand at the Council of the European Union’s Justus Lipsius building as part of its Open Day on 10 May in Brussels. EIB Group staff will inform visitors of how its financing and advisory services improve lives and advance EU policy goals. This includes anything from innovation, security and defence to social and territorial cohesion, and the transition towards a net-zero economy. The stand itself will be enhanced by various activities and media, such as quizzes, games and audiovisual material showcasing EIB-financed projects.

    European Court of Auditors

    On 10 May, as part of the Europe Day celebrations in Echternach, EU auditors will host a series of interactive and engaging activities at the European Court of Auditors’ premises. Among other things, visitors will have the chance to partake in an engaging quiz to test their audit skills. Families and people of all ages are welcome to discover how the European Court of Auditors, the guardian of the EU’s finances, helps protect EU citizens’ money.

    European External Action Service

    The European External Action Service (EEAS) will open its doors to the public on 10 May for its “Travel the World in a Day“. Travel the World in a Day” event. Visitors to the EU’s diplomatic headquarters in Brussels will be given an opportunity to learn about the work of the EEAS and its 144 delegations and offices worldwide. Through interactive exhibits and activities, visitors will discover the EU’s role as a global leader and reliable partner for prosperity, peace, security, multilateralism, democracy, and a rules-based order. The event will also include a digital booth to help explore the EU pavilion at Expo 2025 in Japan, as well as live dance performances, workshops and family-friendly activities that celebrate global diversity.

    European Economic and Social Committee

    This year, the European Economic and Social Committee (EESC) will also host a special celebration of the Schuman Declaration’s 75th anniversary. To honour this seminal text, the EESC – the house of European organised civil society – is putting together a range of activities on its premises, through which it will inform and engage with citizens, while offering insights into its various Sections’ and Groups’ advisory work. The day itself will offer entertainment for all, with a real-time voting simulation allowing visitors to step into EESC members’ shoes and discover the process for themselves.

    European Committee of the Regions

    On 10 May, the European Committee of the Regions (CoR) – ideally located between the European Parliament and Council in Brussels – will open its doors to the public as well, showcasing how it represents regions and cities in the EU, and everything that regional and local elected politicians do for citizens. Visitors will learn how their region voices its interests in the EU, and they will have the chance to meet local and regional elected politicians and discuss European issues in a direct, informal atmosphere. The traditional Festival of Regions and Cities will treat visitors to a showcase of their preferred tourist spots, traditional music and dance, and various culinary specialties.

    Background

    Europe Day held on 9 May every year celebrates peace and unity in Europe. The date marks the anniversary of the ‘Schuman declaration’, a historic proposal made by Robert Schuman, French Foreign Minister, in 1950 that laid out the foundation of European cooperation. Schuman’s proposal is considered to be the beginning of what is now the European Union.

    In 2025, Europe Day is a special occasion, as we are celebrating 75 years since the Schuman declaration. To learn more about each institution’s programme, visit the Europe Day 2025 website.

    MIL OSI Europe News