NewzIntel.com

    • Checkout Page
    • Contact Us
    • Default Redirect Page
    • Frontpage
    • Home-2
    • Home-3
    • Lost Password
    • Member Login
    • Member LogOut
    • Member TOS Page
    • My Account
    • NewzIntel Alert Control-Panel
    • NewzIntel Latest Reports
    • Post Views Counter
    • Privacy Policy
    • Public Individual Page
    • Register
    • Subscription Plan
    • Thank You Page

Category: Canada

  • MIL-OSI: Pivotal Appoints Marjorie Dickman to its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, March 18, 2025 (GLOBE NEWSWIRE) — Pivotal, the market leader in light electric vertical takeoff and landing (eVTOL) aircraft, today announced the appointment of Marjorie Dickman to its board of directors. A global government affairs and geopolitical expert, Ms. Dickman is consistently recognized among the nation’s top public policy executives and top women in technology. For decades, she has led corporate strategies that navigate complex regulatory landscapes in the U.S. and abroad – creating opportunities, managing risk and growing market share.

    “We are thrilled to welcome Marjorie to Pivotal’s Board of Directors. Her wisdom of U.S. and global government affairs and her deep business acumen in the emerging tech and transportation sectors are invaluable to our growth,” said Ken Karklin, Chief Executive Officer, Pivotal. “This is an exciting time for Pivotal. Our aircraft offer a new way to experience flight, and our aero architecture is ready for public safety and defense use cases.”

    “I am excited to join the board and delighted that my extensive experience in tech and transportation innovation aligns with Pivotal’s mission,” said Marjorie Dickman. “I am especially pleased that my regulatory expertise in navigating global market access and competition can be an asset for Pivotal’s growth in the eVTOL market.”

    About Marjorie Dickman
    Ms. Dickman is a highly seasoned government affairs expert and attorney, based in Washington, D.C.

    She built her career leading government engagement and communication strategies for multinational technology companies – with a focus on rapidly evolving sectors like AI, automated and connected vehicles, cybersecurity, data privacy, Internet of Things (transport, energy, manufacturing), and secure communications for defense and first responders. Her track record of success building trusted government relationships, influencing public policy, and navigating regulatory and legal frameworks has earned numerous accolades. Examples include “Tech Titan” Policy Influencer, Global HERoes Role Model, and Most Powerful Women in Tech.

    As BlackBerry’s first Chief Government Affairs and Public Policy Officer and direct report to the CEO/Executive Chairman, Ms. Dickman opened the company’s Washington, D.C. office in 2020. She built BlackBerry’s Global Government Affairs and Public Policy organization from the ground up, including the company’s Government Relations and Technical Standards teams operating in the U.S., Canada, EMEA, the UK, LATAM, and APJ.

    Prior to BlackBerry, Ms. Dickman led a highly successful 16-year career at Intel Corporation – most recently launching and leading global government affairs for two of Intel’s most ‘disruptive’ businesses: Automated Driving and the Internet of Things – where she managed teams across the U.S., EMEA, China and Japan. Prior to Intel, she practiced law at a prominent Washington firm, specializing in telecom regulation and M&A.

    Ms. Dickman has been appointed to the Boards of the Eno Center for Transportation, Consumer Technology Association (CES), U.S. Chamber of Commerce’s Technology Engagement Center and Cybersecurity Leadership Council, No. Virginia Technology Council, and George Mason University’s College of Engineering and Computing. She is an honors graduate of Georgetown University Law Center (J.D.) and Duke University (A.B., Public Policy).

    About Pivotal
    Pivotal designs, develops, and manufactures light eVTOL aircraft. An industry pioneer, Pivotal is renowned for the BlackFly, the first light eVTOL to be commercially available and delivered to customers in the United States. In October 2023, Pivotal introduced its next generation production aircraft, the Helix, and in January 2024 began sales of the Helix. The company’s distinctive tilt-aircraft architecture and scalable technology platform have been under continuous improvement for well over a decade, and today, Pivotal has the most mature technology in the light eVTOL category. Efficient, compact, and simple, Pivotal vehicles are designed for a wide range of consumer, public safety, and defense applications. The company is headquartered in Palo Alto, CA. For videos and more information, visit https://pivotal.aero.

    Media Contact:
    Heidi Groshelle
    press@pivotal.aero

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7fd7ffc9-f2e7-429c-b5b0-55ff0a50da3d

    The MIL Network –

    March 19, 2025
  • MIL-OSI: Urgently Secures Multi-Year Contract with On-Demand Towing and Roadside Assistance Company

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., March 18, 2025 (GLOBE NEWSWIRE) — Urgent.ly, Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced a new multi-year customer partner contract with an innovative provider of on-demand towing and roadside assistance. When the partnership officially launches this month, Urgently will begin providing light duty towing, technology and related services to on-demand roadside customers of the new customer partner across the U.S. and Canada.

    Under the customer parter contract, Urgently’s connected assistance platform will power the customer partner’s services, enhancing their roadside assistance offerings with streamlined operations and exceptional assistance experiences. As a tech-forward company, Urgently will deliver its comprehensive technology stack and capabilities, to meet demand for safe, quick and reliable assistance on the road.

    This collaboration is expected to grow Urgently’s volume and related revenue, and enable the new customer partner to elevate its customer experience with access to Urgently’s network of trusted service providers. By expanding its footprint in North America, Urgently continues to solidify its position as an industry leader committed to delivering exceptional roadside experiences powered by technology.

    “We are thrilled to launch this new partnership with an organization that shares Urgently’s deep commitment to providing the highest quality customer service,” said Matt Booth, Chief Executive Officer of Urgently. “Through this partnership, we will combine our shared strengths in the use of innovative technology and on-demand roadside assistance. We believe this collaboration will create tremendous value for customers, and allow us to continue expanding our presence across North America.”

    For more information about Urgently’s roadside and mobility assistance solutions visit https://www.geturgently.com/industry-solutions.

    About Urgently

    Urgently is focused on helping everyone move safely, without disruption, by safeguarding drivers, promptly assisting their journey, and employing technology to proactively avert possible issues. The company’s digitally native software platform combines location-based services, real-time data, AI and machine-to-machine communication to power roadside assistance solutions for leading brands across automotive, insurance, telematics and other transportation-focused verticals. Urgently fulfills the demand for connected roadside assistance services, enabling its partners to deliver exceptional user experiences that drive high customer satisfaction and loyalty, by delivering innovative, transparent and exceptional connected mobility assistance experiences on a global scale. For more information, visit www.geturgently.com.

    Forward-Looking Statements
    This press release contains or may contain “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or Urgently’s future financial or operating performance. Such statements are based upon current plans, estimates and expectations of management of Urgently in light of historical results and trends, current conditions and potential future developments, and are subject to various risks and uncertainties that could cause actual results to differ materially from such statements. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates and expectations will be achieved. Forward-looking terms such as “may,” “will,” “could,” “should,” “would,” “plan,” “potential,” “intend,” “anticipate,” “project,” “predict,” “target,” “believe,” “continue,” “estimate” or “expect” or the negative of these words or other words, terms and phrases of similar nature are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. All statements, other than historical facts, including, without limitation, statements regarding Urgently’s new customer partner contract and the expected growth in Urgently’s volume and related revenue, are based on the current assumptions of Urgently’s management and are neither promises nor guarantees, but involve a significant number of factors that may cause our actual performance or achievements to be materially different from any future performance or achievements stated or implied by the forward-looking statements. For factors that could cause actual results to differ materially from the forward-looking statements in this press release, please see the risks and uncertainties detailed in our filings with the Securities and Exchange Commission (“SEC”), including in our annual report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on March 14, 2025, our quarterly reports on Form 10-Q and other filings and reports that we may file from time to time with the SEC. All forward-looking statements reflect Urgently’s beliefs and assumptions only as of the date of this press release. Urgently undertakes no obligation to update forward-looking statements to reflect future events or circumstances.

    Contacts:
    For Press: media@geturgently.com
    For Investors: investorrelations@geturgently.com

    The MIL Network –

    March 19, 2025
  • MIL-OSI: Swiss Re to sell 10.05% stake in Definity Financial for CAD 655 million

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, March 18, 2025 (GLOBE NEWSWIRE) — Swiss Re announced an agreement to sell 11,647,217 common shares (“Common Shares”) of Definity Financial Corp. (TSX: DFY) (“Definity”) representing approximately 10.05% of the issued and outstanding Common Shares as of March 17, 2025 (the “Offering”).

    The Common Shares are being sold by Swiss Re Investment Holdings Company Ltd on an underwritten block trade basis at a price of CAD 56.20 per Common Share for aggregate cash proceeds of approximately CAD 655 million. The Offering has been underwritten by CIBC Capital Markets and National Bank Financial Inc. (the “Underwriters”) and is expected to close on March 19, 2025.

    Immediately before the Offering, Swiss Re owned 11,647,217 Common Shares, representing approximately 10.05% of the issued and outstanding Common Shares. After giving effect to the Offering, Swiss Re will no longer hold any Common Shares.

    “We are very impressed with the significant progress Definity has made since its IPO in November 2021 and continue to value the ongoing business relationship with the Company. Swiss Re continues to be a strong believer in Definity’s path towards becoming a leading P&C insurer in Canada,” said Andreas Berger, Swiss Re’s Group Chief Executive Officer. “The sale was done in the context of a regular review and rebalancing of Swiss Re’s investment portfolio and is consistent with the Group’s overall investment strategy across equity and alternative investments.”

    Swiss Re’s head office is located at Mythenquai 50/60 8002 Zurich, Switzerland. Swiss Re will file an early warning report with the securities regulators in each of the provinces and territories of Canada with respect to the foregoing matters pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, in connection with the Common Shares sold, a copy of which will be available under Definity’s profile on SEDAR+ at www.sedarplus.ca. For further information and/or a copy of the related early warning report to be filed, please contact James Raphael at +1 212 317 5428. Definity’s head office is located at 111 Westmount Road South, Waterloo, Ontario N2L 2L6.

    About Swiss Re
    The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 70 offices globally.

    Media Relations
    Zurich
    Telephone +41 43285 7171

    New York
    Telephone +1 914 828 6511

    Investor Relations
    Telephone +41 43 285 4444

    Swiss Re Ltd
    Mythenquai 50/60
    CH-8022 Zurich
    Telephone +41 43 285 2121

    www.swissre.com
    @SwissRe

    Contact person
    Mark Bonthrone
    Mark_Bonthrone@swissre.com
    +1 646 662 0212

    Additional information
    For press releases, logos and photography
    of Swiss Re executives,
    directors or offices go to
    www.swissre.com/media

    The MIL Network –

    March 19, 2025
  • MIL-OSI: RTI at Aerospace TechWeek 2025: Advancing Next-Generation Aviation and Defense Technology

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., March 18, 2025 (GLOBE NEWSWIRE) — Real-Time Innovations (RTI), the infrastructure software company for smart-world systems, will exhibit at Aerospace TechWeek 2025, held April 2-3 in Munich, Germany. At booth #K24, RTI will showcase Connext®, the proven software framework that powers secure, high-performance data exchange across avionics systems, unmanned platforms, and multi-domain defense networks. Schedule a meeting with the RTI team here.

    As military aircraft and defense platforms advance, seamless connectivity, interoperability, and mission-critical reliability are more essential than ever. Designed with open architecture principles, Connext supports FACE™, MOSA, SOSA, and Multi-Domain Operations (MDO) requirements—enabling real-time situational awareness, AI-driven decision-making, and scalable connectivity for airborne operations.

    In addition to the booth, RTI experts will present at the following speaking sessions:

    Session 1:

    • Panel Discussion: “Advancing Military Air Traffic Management through Enhanced Connectivity” with EUROCAE
    • When: 11:55 AM, April 2 | Connectivity Track
    • Speaker: Thijs Brouwer, Senior Field Application Engineer, RTI

    Session 2:

    • Presentation: Real-Time Mission Systems and Advanced Communications in Avionics
    • When: 2:00 PM, April 2 | Avionics Track
    • Speaker: Andre Odermatt, Principal Application Engineer, A&D, RTI

    Event Details
    What: RTI at Aerospace TechWeek Europe 2025, Booth #K24
    When: April 2-3, 2025
    Where: MOC – Event Center Messe München, Munich, Germany

    About RTI

    Real-Time Innovations (RTI) is the infrastructure software company for smart-world systems. RTI Connext® is the world’s leading software framework for intelligent distributed systems. Uniquely, Connext users can build systems that combine advanced sensing, fast control, and AI algorithms.

    With 2,000 customer designs, RTI excels at getting customers to production. RTI software runs over 300 autonomous vehicle programs, supports dozens of automotive ADAS and software-defined architectures, controls the largest power plants in North America, integrates over 500 major defense programs, drives a new generation of MedTech systems and robotics, and underlies Canada’s air traffic control and NASA’s launch control systems.

    RTI runs a smarter world.

    RTI is the market leader in products compliant with the Data Distribution Service (DDS™) standard. RTI is privately held and headquartered in Silicon Valley with regional offices in Colorado, Spain, and Singapore.

    Download a free trial of the latest, fully-functional Connext software today: www.rti.com/downloads

    The MIL Network –

    March 19, 2025
  • MIL-OSI: Bitcoin Depot Reports Fourth Quarter and Full Year 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    Q4 Revenue of $136.8 Million Compared to $148.4 Million in the Prior Year Quarter

    Q4 Operating Expenses Down 16% Year-Over-Year to $15.0 Million

    Q4 Net Income up Significantly to $5.4 Million Compared to a Net Loss of $1.7 Million in the Prior Year Quarter

    Q4 Adjusted Gross Profit up 18% Year-Over-Year to $25.4 Million

    Q4 Adjusted EBITDA up 34% Year-Over-Year to $12.0 Million

    ATLANTA, March 18, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the fourth quarter and full year ended December 31, 2024. Bitcoin Depot will host a conference call and webcast at 10:00 a.m. ET today. An earnings presentation and link to the webcast will be made available at ir.bitcoindepot.com.

    “As we highlighted in our fourth-quarter pre-announcement, 2024 ended on a strong note, driven by sequential revenue growth and substantial improvements in adjusted EBITDA, both sequentially and year-over-year,” said Brandon Mintz, CEO and Founder of Bitcoin Depot. “In the fourth quarter, we made significant progress in expanding our Bitcoin ATM network and optimizing existing machines to enhance profitability — and the results speak for themselves.

    “Looking ahead, we are confident that the optimization efforts we implemented throughout 2024 will begin to positively impact our financial performance as we move through 2025. With our aggressive international and domestic kiosk expansion strategy, we anticipate that 2025 will mark a strong return to growth for the business. As part of this, we are reintroducing financial guidance, projecting robust growth in the first quarter. Additionally, we remain committed to leveraging our strong cash flow to drive shareholder value initiatives, including the potential for a cash dividend. We have also continued to strengthen our Bitcoin treasury holdings, recently increasing our total to 94 BTC, reflecting our confidence in Bitcoin as a valuable financial asset and an integral part of our business model.”

    Fourth Quarter 2024 Financial Results

    Revenue in the fourth quarter of 2024 was $136.8 million compared to $148.4 million in the fourth quarter of 2023. This decline was driven by the impact of unfavorable legislation that was passed in California that went into effect in January 2024, along with the Company’s continued process of relocating underperforming kiosks to optimize fleet profitability.

    Total operating expenses declined 16% to $15.0 million for the fourth quarter of 2024 compared to $17.8 million for the fourth quarter of 2023 due to the costs of going public in 2023 that did not recur in 2024.

    Net income for the fourth quarter of 2024 increased significantly to $5.4 million compared to a net loss of $1.7 million for the fourth quarter of 2023. The increase was due to lower depreciation and amortization and lower operating expenses in 2024.

    Adjusted gross profit, a non-GAAP measure, in the third quarter of 2024 increased 18% to $25.4 million from $21.6 million for the fourth quarter of 2023. Adjusted gross profit margin, a non-GAAP measure, in the fourth quarter of 2024 increased approximately 400 basis points to 18.6% compared to 14.5% in the fourth quarter of 2023. Please see “Explanation and Reconciliation of Non-GAAP Financial Measures” below.

    Adjusted EBITDA, a non-GAAP measure, in the fourth quarter of 2024 increased 34% to $12.0 million compared to $9.0 million for the fourth quarter of 2023. The increase was primarily due to the higher net income. Please see “Explanation and Reconciliation of Non-GAAP Financial Measures” below.

    Full Year 2024 Financial Results

    Revenue in 2024 was $573.7 million from $689.0 million in 2023. This decline was largely driven by the impact of unfavorable legislation that was passed in California that went into effect in January 2024, along with the Company’s continued process of relocating underperforming kiosks in order to optimize fleet profitability.

    Total operating expenses declined 5% to $67.2 million compared to $70.6 million in 2023 due to the costs of going public in 2023 that did not recur in 2024 as well as other cost saving measures.

    Net income in 2024 increased by 432% to $7.8 million compared to $1.5 million in 2023. The increase was primarily due to expenses with going public in 2023 that did not recur in 2024 along with other expense reductions.

    Adjusted gross profit, a non-GAAP measure, in 2024 was $91.4 million compared to $101.0 million in 2023. The adjusted gross profit margin, a non-GAAP measure, in 2024 increased 120 basis points to 15.9% compared to 14.7% in 2023. Please see “Explanation and Reconciliation of Non-GAAP Financial Measures” below.

    Adjusted EBITDA, a non-GAAP measure, in 2024 was $38.7 million compared to $56.3 million in 2023. The decline was due to the lower revenue. Please see “Explanation and Reconciliation of Non-GAAP Financial Measures” below.

    Cash, cash equivalents, and cryptocurrencies were $31.0 million as of the end of 2024 compared to $30.5 million at the end of 2023.

    Q1 2025 Outlook

    Q1 2025 is off to a very strong start as we continue to see growth from our relocation strategy. We anticipate Q1 revenues to be between $151 million and $154 million which would represent growth of between 9% and 11% compared to Q1 2024.

    We are projecting adjusted EBITDA for Q1 2025 to be between $12 million and $14 million which would represent growth of over 200% compared to Q1 of 2024.

    Conference Call

    Bitcoin Depot will hold a conference call at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) today to discuss its financial results for the fourth quarter and full year ended December 31, 2024.

    Call Date: Tuesday, March 18, 2025 
    Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific time) 

    Phone Instructions
    U.S. dial-in: 646-968-2525
    International dial-in: 888-596-4144
    Conference ID: 8224936

    Webcast Instructions
    Webcast link: https://edge.media-server.com/mmc/p/8kgtbeme

    A replay of the call will be available beginning after 2:00 p.m. Eastern time through March 25, 2025.

    U.S. & Canada replay number: 800-770-2030
    U.S. toll number: 609-800-9909
    Conference ID: 8224936

    If you have any difficulty connecting with the conference call, please contact Bitcoin Depot’s investor relations team at 1-949-574-3860.

    About Bitcoin Depot

    Bitcoin Depot Inc. (Nasdaq: BTM) was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with simple, efficient and intuitive means of converting cash into Bitcoin, which users can deploy in the payments, spending and investing space. Users can convert cash to bitcoin at Bitcoin Depot kiosks in 48 states and at thousands of name-brand retail locations in 29 states through its BDCheckout product. The Company has the largest market share in North America with over 8,400 kiosk locations as of February 25, 2025. Learn more at www.bitcoindepot.com. 

    Cautionary Statement Regarding Forward-Looking Statements

    This press release and any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. Forward-looking statements are any statements other than statements of historical fact, and include, but are not limited to, statements regarding the expectations of plans, business strategies, objectives and growth and anticipated financial and operational performance, including our growth strategy and ability to increase deployment of our products and services, our ability to strengthen our financial profile, and worldwide growth in the adoption and use of cryptocurrencies. These forward-looking statements are based on management’s current beliefs, based on currently available information, as to the outcome and timing of future events. Forward-looking statements are often identified by words such as “anticipate,” “appears,” “approximately,” “believe,” “continue,” “could,” “designed,” “effect,” “estimate,” “evaluate,” “expect,” “forecast,” “goal,” “initiative,” “intend,” “may,” “objective,” “outlook,“ ”plan,“ ”potential,“ ”priorities,“ ”project,“ ”pursue,“ ”seek,“ ”should,“ ”target,“ ”when,“ ”will,“ ”would,” or the negative of any of those words or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. In making these statements, we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any future events or financial results. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond our control.

    These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; failure to realize the anticipated benefits of the business combination; risks relating to the uncertainty of our projected financial information; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; our ability to manage future growth; our ability to develop new products and services, bring them to market in a timely manner and make enhancements to our platform; the effects of competition on our future business; our ability to issue equity or equity-linked securities; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors described or referenced in filings with the Securities and Exchange Commission. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that we do not presently know or that we currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect our expectations, plans or forecasts of future events and views as of the date of this press release. We anticipate that subsequent events and developments will cause our assessments to change.

    We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors that affect the subject of these statements, except where we are expressly required to do so by law. All written and oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.

     
    BITCOIN DEPOT INC.
    CONSOLIDATED BALANCE SHEETS
    (in thousands, except share and per share amounts)
     
        As of December 31,  
        2024     2023  
    Assets            
    Current:            
    Cash and cash equivalents   $ 29,472     $ 29,759  
    Cryptocurrencies     1,510       712  
    Accounts receivable     275       245  
    Prepaid expenses and other current assets     3,076       3,514  
    Total current assets     34,333       34,230  
    Property and equipment:            
    Furniture and fixtures     635       635  
    Leasehold improvements     172       172  
    Kiosk machines – owned     36,831       24,222  
    Kiosk machines – leased     10,367       20,524  
    Total property and equipment     48,005       45,553  
    Less: accumulated depreciation     (21,158 )     (20,699 )
    Total property and equipment, net     26,847       24,854  
    Intangible assets, net     2,320       3,836  
    Goodwill     8,717       8,717  
    Operating lease right-of-use assets, net     2,595       484  
    Deposits     734       412  
    Deferred tax assets     4,558       1,804  
    Total assets   $ 80,104     $ 74,337  
     
    BITCOIN DEPOT INC.
    CONSOLIDATED BALANCE SHEETS
    (in thousands, except share and per share amounts)
     
        As of December 31,  
        2024     2023  
    Liabilities and Stockholders’ (Deficit) Equity            
    Current:            
    Accounts payable   $ 11,557     $ 8,337  
    Accrued expenses and other current liabilities     14,260       18,505  
    Notes payable     6,022       3,985  
    Income taxes payable     2,207       2,484  
    Deferred revenue     20       297  
    Operating lease liabilities, current portion     858       279  
    Current installments of obligations under finance leases     3,446       6,801  
    Other non-income tax payable     2,259       2,297  
    Total current liabilities     40,629       42,985  
    Long-term liabilities            
    Notes payable, non-current     49,457       17,101  
    Operating lease liabilities, non-current     1,774       319  
    Obligations under finance leases, non-current     1,950       2,848  
    Deferred income tax, net     604       846  
    Tax receivable agreement liability due to related party     2,176       865  
    Total Liabilities     96,590       64,964  
    Commitments and Contingencies (Note 24)            
    Stockholders’ (Deficit) Equity            
    Series A Preferred Stock, $0.0001 par value; 50,000,000 authorized, 1,733,884 and 3,125,000 shares issued and outstanding, at December 31, 2024 and 2023, respectively     —       —  
    Class A common stock, $0.0001 par value; 800,000,000 authorized, 19,263,164 and 13,602,691 shares issued, and 19,072,544 and 13,482,047 shares outstanding at December 31, 2024 and 2023, respectively     1       1  
    Class B common stock, $0.0001 par value; 20,000,000 authorized, no shares issued and outstanding at December 31, 2024 and 2023, respectively     —       —  
    Class E common stock, $0.0001 par value; 2,250,000 authorized, 1,075,761 shares issued and outstanding at December 31, 2024 and 2023, respectively     —       —  
    Class M common stock, $0.0001 par value; 300,000,000 authorized, no shares issued and outstanding at December 31, 2024 and 2023, respectively     —       —  
    Class O common stock, $0.0001 par value; 800,000,000 authorized, no shares issued and outstanding at December 31, 2024 and 2023, respectively     —       —  
    Class V common stock, $0.0001 par value; 300,000,000 authorized, 41,193,024 and 44,100,000 shares issued and outstanding at December 31, 2024 and 2023, respectively     4       4  
    Treasury stock     (437 )     (279 )
    Additional paid-in capital     21,491       17,326  
    Accumulated deficit     (44,349 )     (32,663 )
    Accumulated other comprehensive loss     (342 )     (203 )
    Total Stockholders’ (Deficit) Attributable to Bitcoin Depot Inc.     (23,632 )     (15,814 )
    Equity attributable to non-controlling interests     7,146       25,187  
    Total Stockholders’ (Deficit) Equity     (16,486 )     9,373  
    Total Liabilities and Stockholders’ (Deficit) Equity   $ 80,104     $ 74,337  

       

     
    BITCOIN DEPOT INC.
    CONSOLIDATED STATEMENTS OF (LOSS) INCOME AND COMPREHENSIVE (LOSS) INCOME
    (UNAUDITED)
    (in thousands, except share and per share amounts)
     
      Year ended December 31,     Three Months Ended December 31,  
      2024     2023     2024     2023  
    Revenue $ 573,703     $ 688,967     $ 136,827     $ 148,406  
    Cost of revenue (excluding depreciation and amortization)   482,263       587,938       111,415       126,851  
    Operating expenses:               —       —  
    Selling, general, and administrative   57,158       57,770       13,096       14,525  
    Depreciation and amortization   10,072       12,788       1,888       3,234  
    Total operating expenses   67,230       70,558       14,984       17,759  
    Income from operations   24,210       30,471       10,428       3,796  
    Other (expense) income:               –       –  
    Interest (expense)   (14,199 )     (11,926 )     (3,468 )     (1,806 )
    Other (expense) income   406       (16,737 )     263       (2,713 )
    Loss on foreign currency transactions   (465 )     (289 )     (171 )     76  
    Total other (expense), net   (14,258 )     (28,952 )     (3,376 )     (4,443 )
    Income before provision for income taxes and non-controlling interest   9,952       1,519       7,052       (647 )
    Income tax (expense)   (2,138 )     (49 )     (1,659 )     (1,026 )
    Net income $ 7,814     $ 1,470     $ 5,393     $ (1,673 )
    Net income attributable to Legacy Bitcoin Depot unit holders   —       12,906       —       —  
    Net income attributable to non-controlling interest   19,500       14,666       12,041       6,635  
    Net (loss) attributable to Bitcoin Depot Inc. $ (11,686 )   $ (26,102 )   $ (6,648 )   $ (8,308 )
    Other comprehensive income (loss), net of tax               —       —  
    Net income   7,814       1,470       5,393       (1,673 )
    Foreign currency translation adjustments   34       (4 )     35       (70 )
    Total comprehensive income   7,848       1,466       5,428       (1,743 )
    Comprehensive income attributable to Legacy Bitcoin Depot unit holders   —       12,885       —       —  
    Comprehensive income attributable to non-controlling interest   19,500       14,683       12,041       6,565  
    Comprehensive (loss) attributable to Bitcoin Depot Inc. $ (11,652 )   $ (26,102 )   $ (6,613 )   $ (8,308 )

    Explanation and Reconciliation of Non-GAAP Financial Measures

    Bitcoin Depot reports its financial results in accordance with accounting principles generally accepted in the United States of America (“GAAP”). This press release includes both historical and projected Adjusted EBITDA, Adjusted Gross Profit, and certain ratios and other metrics derived therefrom such as Adjusted EBITDA margin and Adjusted Gross Profit margin, which are not prepared in accordance with GAAP.

    Bitcoin Depot defines Adjusted EBITDA as net income before interest expense, income tax expense, depreciation and amortization, non-recurring expenses, share-based compensation, expenses related to the PIPE financing and miscellaneous cost adjustments. Such items are excluded from Adjusted EBITDA because these items are non-cash in nature, or because the amount and timing of these items is unpredictable, not driven by core results of operations and renders comparisons with prior periods and competitors less meaningful. In addition, Bitcoin Depot defines Adjusted Gross Profit (a non-GAAP financial measure) as revenue less cost of revenue (excluding depreciation and amortization) and depreciation and amortization adjusted to add back depreciation and amortization. Bitcoin Depot believes Adjusted EBITDA and Adjusted Gross Profit each provide useful information to investors and others in understanding and evaluating Bitcoin Depot’s results of operations, as well as provide a useful measure for period-to-period comparisons of Bitcoin Depot’s business performance. Adjusted EBITDA and Adjusted Gross Profit are each key measurements used internally by management to make operating decisions, including those related to operating expenses, evaluate performance and perform strategic and financial planning. However, you should be aware that Adjusted EBITDA and Adjusted Gross Profit are not measures of financial performance calculated in accordance with GAAP and may exclude items that are significant in understanding and assessing Bitcoin Depot’s financial results, and further, that Bitcoin Depot may incur future expenses similar to those excluded when calculating these measures. Bitcoin Depot primarily relies on GAAP results and uses both Adjusted EBITDA and Adjusted Gross Profit on a supplemental basis. Neither Adjusted EBITDA or Adjusted Gross Profit should be considered in isolation from, or as an alternative to, net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP and may not be indicative of Bitcoin Depot’s historical or future operating results. Bitcoin Depot’s computation of both Adjusted EBITDA and Adjusted Gross Profit may not be comparable to other similarly titled measures computed by other companies because not all companies calculate such measures in the same fashion. As such, undue reliance should not be placed on such measures.

    Due to the high variability and difficulty in making accurate forecasts and projections of some of the information excluded from the projections of Adjusted EBITDA, together with some of the excluded information not being ascertainable or accessible, Bitcoin Depot is unable to quantify certain amounts that would be required to be included in the most directly comparable GAAP financial measures without unreasonable effort. Consequently, no disclosure of estimated comparable GAAP measures is included and no reconciliation of the forward-looking non-GAAP financial measures is included.

    The following table presents a reconciliation of Net (loss) income to Adjusted EBITDA for the periods indicated: 

     
    BITCOIN DEPOT INC.
    RECONCILIATION OF NET (LOSS) INCOME TO ADJUSTED EBITDA
    (UNAUDITED)
     
      Year Ended December 31,     Three Months Ended December 31,  
    (in thousands) 2024     2023     2024     2023  
    Net income (loss) $ 7,814     $ 1,470     $ 5,393     $ (1,673 )
    Adjustments:                      
    Interest expense   14,199       11,926       3,468       1,806  
    Income tax (benefit) expense   2,138       49       1,659       1,026  
    Depreciation and amortization   10,072       12,788       1,888       3,234  
    Expense related to the PIPE transaction (1)   —       14,896       —       2,615  
    Non-recurring expenses (2)   437       9,298       (767 )     1,634  
    Share-based compensation   3,400       2,524       363       1,198  
    Special bonus (3)   675       3,040       —       (875 )
    Expenses associated with the termination of the phantom equity participation plan   —       350       —       —  
    Adjusted EBITDA $ 38,735     $ 56,341     $ 12,004     $ 8,965  
    Adjusted EBITDA margin (4)   6.8 %     8.2 %     8.8 %     7.8 %
                                   
    (1) Amounts include the recognition of a non-cash expense of $13.9 million related to the PIPE transaction for the year ended December 31, 2023, entered into as of close of the Merger on June 30, 2023.

    (2) Comprised of non-recurring professional service fees incurred by the Company related to the close of the Transaction.

    (3) Amount includes (A) Transaction bonus and related taxes to employees of approximately $1.4 million and (B) Founder Transaction bonus as a result of close of the Merger, of approximately $1.6 million, recognized as share-based compensation, for the year ended December 31, 2023.

    (4) Adjusted EBITDA margin is defined as Adjusted EBITDA divided by revenue. The Company uses this measure to evaluate its overall profitability.

     

    The following table presents a reconciliation of revenue to Adjusted Gross Profit for the periods indicated:

     
    BITCOIN DEPOT INC.
    RECONCILIATION OF REVENUE TO ADJUSTED GROSS PROFIT
    (UNAUDITED)
     
      Year Ended December 31,     Three Months Ended December 31,  
    (in thousands) 2024     2023     2024     2023  
    Revenue $ 573,703     $ 688,967     $ 136,827     $ 148,406  
    Cost of revenue (excluding depreciation and
    amortization)
      (482,263 )     (587,938 )     (111,415 )     (126,851 )
    Depreciation and amortization excluded from cost of revenue   (9,984 )     (12,455 )     (1,894 )     (2,901 )
    Gross profit $ 81,456     $ 88,574     $ 23,518     $ 18,654  
    Adjustments:                      
    Depreciation and amortization excluded from cost of revenue $ 9,984     $ 12,455     $ 1,894     $ 2,901  
    Adjusted gross profit $ 91,440     $ 101,029     $ 25,412     $ 21,555  
    Gross profit margin (1)   14.2 %     12.9 %     17 %     13 %
    Adjusted gross profit margin (1)   15.9 %     14.7 %     19 %     15 %
                                   
    (1) Calculated as a percentage of revenue.
     

    Contacts:

    Investors 
    Cody Slach,
    Gateway Group, Inc. 
    949-574-3860 
    BTM@gateway-grp.com

    Media 
    Zach Kadletz, Brenlyn Motlagh, Ryan Deloney 
    Gateway Group, Inc.
    949-574-3860 
    BTM@gateway-grp.com

    The MIL Network –

    March 19, 2025
  • MIL-OSI: ClearlyRated Announces the 2025 Best Staffing Firms for Women™ List

    Source: GlobeNewswire (MIL-OSI)

    PORTLAND, Ore., March 18, 2025 (GLOBE NEWSWIRE) — ClearlyRated®, the leading provider of client, talent, and employee satisfaction surveys and service quality research for staffing agencies, announced the firms that have qualified for inclusion on its third annual Best Staffing Firms for Women™ list on ClearlyRated.com.

    “I’m excited to unveil the companies recognized on this year’s third annual Best Staffing Firms for Women list,” stated Baker Nanduru, CEO of ClearlyRated. “As we continue to celebrate Women’s History Month, these exceptional firms deserve applause for championing and empowering their female employees. Despite persistent challenges like pay disparity and limited advancement opportunities, these firms are at the forefront of fostering growth and elevating women in the workforce. Congratulations and heartfelt thanks to these outstanding organizations for their unwavering commitment to gender diversity and equality.”

    Staffing and recruiting firms that conducted internal employee surveys with ClearlyRated are eligible to earn the Best of Staffing® award in the Employee Satisfaction category. Within this category, firms that included identity-based demographic survey questions and met additional criteria related to female employee Net Promoter® Score (eNPS) and representation earned the prestigious designation as a member of the Best Staffing Firms for Women list.

    More than 90 staffing firms in the U.S. and Canada with close to 14,000 internal employees participated in the Best of Staffing internal employee survey for the 2025 award year, growing the ClearlyRated survey database to become the largest repository of internal employee responses on diversity, equity, and inclusion (DEI) in the staffing industry. Some of the notable findings from ClearlyRated’s internal staffing employee data analysis include the following:

    • Women comprise 67% of all internal positions at staffing firms, yet half of directors and two thirds of executives are men.
    • Women working at staffing firms are:
      • 44% more likely to be detractors of their firms.
      • 49% less likely to feel they are compensated fairly.
      • 31% less likely to believe advancement is merit-based.

    Fewer than 0.2% of staffing firms in the United States and Canada qualified to earn the Best Staffing Firms for Women designation, making this a prestigious recognition for staffing firms seeking to hire and retain top internal talent.

    Want to learn more? Register for our panel discussion featuring female leaders in the staffing industry discussion ClearlyRated’s research data and sharing strategies and advice for firms and the women who work there. Click here to register.

    About ClearlyRated
    ClearlyRated is the leading CX platform designed specifically for staffing & recruiting firms. We offer firms a sophisticated alternative to manual processes and basic survey tools, then pair that with world class customer care and support. Ours is an efficient, industry-focused solution that provides data-driven insights to equip service teams with a real-time understanding of client and internal employee interactions and satisfaction.

    About Best of Staffing
    ClearlyRated’s Best of Staffing® Award is the only award in the U.S. and Canada that recognizes staffing agencies that have proven superior service quality based entirely on ratings provided by their clients, placed talent, and internal employees. Award winners are showcased by city and area of expertise on the ClearlyRated.com online business directory, which helps buyers of professional services find service leaders and vet prospective firms with the help of validated client ratings and testimonials.

    Net promoter, NPS, and Net Promoter Score are trademarks of Satmetrix Systems, Inc., Bain & Company, and Fred Reichheld.

    Contact
    Stephen Banbury, Vice President of Marketing
    p. (503) 977-6295
    stephen.banbury@clearlyrated.com

    The MIL Network –

    March 19, 2025
  • MIL-OSI: Massachusetts Department of Transportation Selects Draganfly for Drone Medical Delivery Demonstration and Reports Its Successful Completion

    Source: GlobeNewswire (MIL-OSI)

    Boston, MA., March 18, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is excited to announce it was selected by Massachusetts Department of Transportation (MassDOT) Aeronautics Division for and, successfully completed a demonstration for the simulated delivery of medical supplies for use in support of home-based healthcare.

    The medical delivery demonstrations took place between August and October 2024 and involved three selected companies, including Draganfly.

    “This medical delivery demonstration underscores the value of drones for many operational needs,” said Transportation Secretary and CEO Monica Tibbits-Nutt, “Drones already have proven useful with operations, including MBTA track corridor inspections, MassDOT Highway bridge inspections, overhead project evaluations, and other needs. We continue to assess the use of drones for other purposes in the future.”

    “This demonstration project underscores our commitment to exploring the use of drones to meet critical needs, such as the timely and cost-effective delivery of supplies and devices for healthcare and emergency management, across the Commonwealth,” said MassDOT Aeronautics Acting Administrator Denise Garcia.

    “We are grateful to have been selected for this groundbreaking pilot project,” said Cameron Chell, President and CEO of Draganfly. “Our drone technology has the potential to revolutionize the delivery of medical supplies, providing timely and cost-effective solutions for home-based healthcare and emergency responses. This collaboration with MassDOT Aeronautics underscores our credibility and commitment to advancing public safety and healthcare through innovative drone solutions.”

    Draganfly’s participation in the Drone Medical Delivery Pilot is a testament to its capabilities, reputation and dedication to providing drone solutions that define industry standards, empowering global organizations, to save time, money, and lives.

    About Draganfly

    Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize how organizations can do business and service their stakeholders. Recognized as being at the forefront of technology for over 24 years, Draganfly is an award-winning industry leader serving the public safety, agriculture, industrial inspections, security, mapping, and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.

    For more information on Draganfly, please visit us at www.draganfly.com.

    For additional investor information, visit

    CSE
    NASDAQ
    FRANKFURT

    Media Contact
    email: media@draganfly.com

    Company Contact
    Email: info@draganfly.com

    This release contains certain “forward looking statements” and certain “forward-looking ‎‎‎‎information” as ‎‎‎‎defined under applicable securities laws. Forward-looking statements ‎‎‎‎and information can ‎‎‎‎generally be identified by the use of forward-looking terminology such as ‎‎‎‎‎“may”, “will”, “expect”, “intend”, ‎‎‎‎‎“estimate”, “anticipate”, “believe”, “continue”, “plans” or similar ‎‎‎‎terminology. Forward-looking statements ‎‎‎‎and information are based on forecasts of future ‎‎‎‎results, estimates of amounts not yet determinable and ‎‎‎‎assumptions that, while believed by ‎‎‎‎management to be reasonable, are inherently subject to significant ‎‎‎‎business, economic and ‎‎‎‎competitive uncertainties and contingencies. Forward-looking statements ‎‎‎‎include, but are not ‎‎‎‎limited to, statements with respect to the project’s ability to revolutionize the delivery of medical supplies, providing timely and cost-effective solutions for home-based healthcare and emergency responses. Forward-‎‎‎‎looking statements and information are subject to various ‎known ‎‎and unknown risks and ‎‎‎‎‎uncertainties, many of which are beyond the ability of the Company to ‎control or ‎‎predict, that ‎‎‎‎may cause ‎the Company’s actual results, performance or achievements to be ‎materially ‎‎different ‎‎‎‎from those ‎expressed or implied thereby, and are developed based on assumptions ‎about ‎‎such ‎‎‎‎risks, uncertainties ‎and other factors set out here in, including but not limited to: the potential ‎‎‎‎‎‎‎impact of epidemics, ‎pandemics or other public health crises, including the ‎COVID-19 pandemic, on the Company’s business, operations and financial ‎‎‎‎condition; the ‎‎‎successful integration of ‎technology; the inherent risks involved in the general ‎‎‎‎securities markets; ‎‎‎uncertainties relating to the ‎availability and costs of financing needed in the ‎‎‎‎future; the inherent ‎‎‎uncertainty of cost estimates; the ‎potential for unexpected costs and ‎‎‎‎expenses, currency ‎‎‎fluctuations; regulatory restrictions; and liability, ‎competition, loss of key ‎‎‎‎employees and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s most recent filings filed ‎‎‎with securities regulators in Canada on ‎the SEDAR ‎‎‎‎website at www.sedar.com and with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎

    The MIL Network –

    March 19, 2025
  • MIL-OSI Global: How Donald Trump and Elon Musk are waging a deep and wide ‘uncivil war’

    Source: The Conversation – Canada – By Eli Sopow, Associate Professor, MBA Faculty of Leadership & People Management, University Canada West

    Never mind concerns about how the United States seems on the brink of another civil war. Thanks to President Donald Trump and his consigliere, Elon Musk, it’s now sinking wide and deep into what historical patterns show is an ugly “uncivil” war.

    Historians and neuro-scientists show there are well-established psychological patterns that explain how personal fear fosters anger that leads to a need for action to eliminate the fear.

    This dynamic has been evident in much of my 40 years of experience and research on public protests, including my doctorate on public order policing and subsequent ongoing analysis.

    Google Trends offers a scientifically valid rating of global search engine topics rated on a weighted scale of 100. In the U.S. on March 10, 2025, for example, the search topic “I am so angry all the time” hit the top of the 100 index, the highest in more than 20 years.

    The widespread public reaction to staffing cuts under Musk’s direction is receiving high domestic and international blowback from not only natural political critics, but Trump’s own Republicans. The reaction follows that tried-and-true trajectory of public dissent and protest escalating from fear to anger to action.

    This is evident in the reactions currently ranging from street-level public protests, a litany of court challenges and online outrage to U.S. government departments refusing to respond to the latest missive from Musk’s team demanding employees prove their worth or quit.

    Mad as hell?

    In the powerful 1976 movie Network, actor Peter Finch — playing a volcanic TV newscaster — goes berserk, rises from his desk and yells, “I’m a human being, goddamn it! My life has value … I’m mad as hell and I’m not going to take this anymore!” In response, thousands go to their windows and scream his rallying cry.

    A clip of the famous scene in Network when Peter Finch proclaims ‘I’m as mad as hell and I’m not going to take this anymore!’

    In perhaps a similar vein, leaders at the Pentagon, Federal Bureau of Investigation, the State Department, the Department of Homeland Security and the Department of Energy recently instructed federal workers not to reply to a weekend email from the Office of Personnel Management with the subject line: “What did you do last week?”

    The fear-anger-action dynamic is now unfolding in America.

    Republican Sen. John Curtis of Utah told CBS news:

    “If I could say one thing to Elon Musk, it’s ‘Please put a dose of compassion in this. These are real people. These are real lives …. It’s a false narrative to say we have to cut, and you have to be cruel to do it, as well. We can do both.”

    The response from Musk and Trump to the outrage follows a proven pattern of action and anti-action my colleagues and I have termed the “4-D defense” of deny, divert, delay and destroy. We discovered this pattern through many years of research on public activism for both industry and government agencies, and it was the focus of my PhD dissertation.

    We analyzed the content of thousands of traditional news stories, public opinion surveys and the socio-demographics of fearful groups that were angry they were being impacted by actions that were unfair, unlawful, dangerous and arbitrary.

    We found that the defensive 4-D reaction works like this:

    • First deny there’s a problem.

    • When proven true, then divert the cause to someone else.

    • When proven you’re the cause, agree to remedies but delay the process as long as possible through promises and endless consultations.

    • When this is unacceptable, then destroy those protesting by besmirching their credibility and reputations with erroneous and confusing counter-facts and entangled lawsuits.

    Trump prefers the ‘destroy’ part

    Trump is quick to jump to the “destroy” part of 4-D defense through threats that have included bullying and crushing tariffs.

    Another example of this Trump tendency was a recent heated Truth Social post in which he vowed to “imprison or deport students who participate in certain protests” against his attacks on education.

    Musk responded on his social media site, X, that reactions by frightened and angry employees to arbitrary firings was “EXTREMELY troubling that some parts of government think this is TOO MUCH!! What is wrong with them?”




    Read more:
    Musk’s ruthless approach to efficiency is not translating well to the U.S. government


    Musk appears to be embracing the 1911 “scientific management” style of Frederick Taylor, an American inventor and engineer who is known as the father of scientific management. He argued that the “greatest evil” in the workplace was lazy employees who were simply “replaceable cogs on a wheel.”
    When Musk asks “what is wrong with them?” in reference to the fear, anger and demands for protective action from hundreds of thousands of federal employees, he should perhaps watch Network.

    It seems they’re “mad as hell and not going to take it anymore.”

    Eli Sopow 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. How Donald Trump and Elon Musk are waging a deep and wide ‘uncivil war’ – https://theconversation.com/how-donald-trump-and-elon-musk-are-waging-a-deep-and-wide-uncivil-war-251538

    MIL OSI – Global Reports –

    March 19, 2025
  • MIL-OSI USA: Golden Goodness: Turning Sap into Syrup in the UConn Forest

    Source: US State of Connecticut

    On a sunny morning in late February, a group of students from the UConn Forest Crew work through the sugar maple stand, affixing taps and lines to the trees, and then running them back to a storage tank.

    They are working alongside Tom Worthley, a UConn Extension forestry educator, preparing the sugar bush for the upcoming sap season. The group is preparing the trees for the warm days and cold nights that prompt the sugar maple trees (Acer saccharum) to produce sap for transformation into maple syrup’s golden goodness.

    Each gallon of maple syrup requires about 40 gallons of sap, creating a hive of activity for the weeks-long sap season each year.

    “I’m involved because of the student experience and to promote trees and forests to people around the state, creating materials like maple syrup that link people to the resource. There’s also a lot of satisfaction that comes from having something you grew or made and can enjoy later,” Worthley says.

    Connecticut is in the heart of the sugar maple range and ranks eleventh nationally in maple syrup production. The UConn Sugar House is one of many throughout the state offering a high-quality and delicious product each year.

    Maple syrup production in the United States increased in 2024, with the highest yield from the past 25 years, due in part to an increased number of taps and favorable weather conditions.

    Despite strong promotional campaigns from Vermont, New York, and Canada, once sap is syrup, it’s basically impossible to tell where it came from. As long as the sugar producer uses high-quality production methods, all of these syrups will taste about the same.

    “All the more reason to support Connecticut maple producers,” says Worthley.

    The timeless tradition began with Indigenous cultures in North America, who moved their families to a sugar bush, or stand of sugar maple trees, in late winter as the snow began to melt.

    The sap’s sweetness was likely discovered by sap icicles on the trees, and this led to collecting sap for use throughout the year. Without pots for boiling, the Indigenous people made three types of sugar instead, and later the tradition evolved to syrup production.

    UConn’s sugar house is tucked in behind the Farm Services buildings, near where the Woodsmen Teams maintain their timber mill and practice yard.

    Extension professionals, faculty from the Department of Natural Resources and the Environment, and UConn students have made syrup here for over 30 years, preparing the next generation of maple producers and selling their syrup to support the sugar house and equipment.

    “Our student-run maple program illustrates one of the great benefits that the UConn Forest provides to our campus community, the hands-on, practical educational experiences that our students can engage in,” says Robert Fahey, Goerge F. Cloutier Professor in Forestry. “Through work experiences and internships we are able to provide training that gives our students the technical skills they need as well as real-world experience conducting and managing forest-related activities such as maple-syrup production, creating value-added wood products, and trails and recreation management.”

    UConn students boiling maple sap for syrup (Contributed photo)

    For some students, this is just one element of their “forest education.”

    “It’s exciting to learn what the forest is capable of, how we utilize forests, and that it’s not just by cutting them down,” says Zach Placzek ’25 (CAHNR). Placzek’s desire to protect the forest led him to seek certification to fight fires, and he is working with the UConn fire chief to help establish a controlled burn operation to control invasive species in a recently harvested area of the forest.

    The 2,100-acre UConn Forest has several sugar bushes, and the students rest a sugar bush and use another at times as part of their forest stewardship. Sugar maple trees thrive on north facing slopes with deep soils, and while the UConn Forest has several such locations, Worthley also mentions growing more sugar maple trees, and perhaps developing or cultivating a stand closer to the sugar house.

    “The ability to produce maple syrup locally in Connecticut is one of the many positive benefits created by living in a well-forested state” says Amy Harder, associate dean for Extension. “Many producers also benefit from integrating agritourism into their operations so the public can see, smell, and taste the entire experience – something my family loves to do!”

    Sap runs just below the bark on sunny days, dripping from the taps into the buckets or lines affixed to each tree. Once the sap really starts running, the students need to empty the tank at the sugar bush daily. It’s transported back to the sugar house on campus in their 60-gallon transfer tank and pumped into another tank outside the sugar house. Gravity feeds the sap into the evaporator inside the house.

    The wood-fired pans are heated to 219 degrees Fahrenheit, boiling the water out of the sap, with steam rising through the vent in the sugar house’s roof. Sap becomes syrup as the water evaporates and the sugar content increases. Next, it’s filtered to remove any solids and then reheated to over 180 degrees Fahrenheit. Bottles are carefully filled with the 180-degree sap and turned upside down to seal the lids.

    Maple syrup comes in four colors, Golden, Amber, Dark, and Very Dark. Lighter syrup – golden and amber – is from early sap and has a milder flavor. The lighter colors are often the syrup of choice for breakfast foods, added to coffee, or drizzled over ice cream. Later season sap is darker because it has more sugars in it, and the sugars make the darker syrup with its robust flavor. Many people use darker syrups for baking and cooking, although some prefer this flavor on breakfast foods.

    Sap season wraps up by the end of March, sometimes earlier if the weather warms faster than expected. The students clean the equipment and conduct any needed repairs or maintenance on the equipment before storing it for next year. UConn’s 30-year-old evaporator is in its last season, and the off-season challenge this year is fundraising to replace it.

    “For myself, being a researcher and doing a lot of outreach work with the local professional foresters, I find immense value in having this living lecture hall to teach from,” says Amanda Bunce, a Ph.D. student studying tree biomechanics and silviculture. “Students do much better learning in the real thing than from a classroom, and I find it so much easier to share my own enthusiasm for ecology when we’re out in it.”

    Find a Sugar House near you in Connecticut by visiting Connecticut Grown. 

    This work relates to CAHNR’s Strategic Vision areas of Advancing Adaptation and Resilience in a Changing Climate and Fostering Sustainable Landscapes at the Urban-Rural Interface.

    Follow UConn CAHNR on social media

    MIL OSI USA News –

    March 19, 2025
  • MIL-OSI United Kingdom: Ambitions are high as UK celebrates a year in Horizon Europe

    Source: United Kingdom – Government Statements

    Press release

    Ambitions are high as UK celebrates a year in Horizon Europe

    Hundreds of researchers, business leaders and academics gather at the Oval in London to mark a year of UK success in Horizon – and plan for much more.

    • Hundreds of researchers, business leaders and academics gather at the Oval in London to mark a year of UK success in Horizon – and plan for much more
    • £80 billion Horizon Europe programme is the world’s largest international research endeavour, and an important part of the UK’s relationship with Europe
    • International research collaboration is a key driver of economic growth, and the government’s Plan for Change

    More than 500 of the UK’s leading researchers, businesspeople and scientists will gather at London’s Oval today (Tuesday 18 March) to celebrate the successes that have already been delivered since the UK associated to the Horizon Europe programme, last year. They’ll also hear advice from industry experts, European diplomats, and leading academics on how to seize the opportunities for funding and collaboration that Horizon offers, with £80 billion up for grabs through the programme.

    Initial signs suggest UK association is trending in the right direction. Recent ERC Synergy Grants saw awards made to 18 UK-hosted projects, the second highest number. Horizon is giving British researchers and innovators access to funding, so they can tackle some of the biggest issues facing society, from breakthroughs in healthcare, to putting AI to work across the economy. All of this stands to unleash growth and create jobs in high-potential new industries, all of which supports the growth goals at the heart of the government’s Plan for Change.

    In 2025, the government is doubling down on its efforts to help the UK’s brightest minds access the opportunities on offer through Horizon, through a new PR blitz, networking events in Italy, Germany and Spain for British businesspeople and researchers, and grants to help cover the businesses cover the cost of attending R&D events across Europe.

    Science Minister Lord Vallance, who will speak at today’s Showcase, said:

    Science is stronger when we work together with others, and as new technologies like AI develop rapidly international collaboration on research is more important than ever before.

    Investing in R&D unlocks the door to more productive businesses, highly skilled and paid jobs, economic growth, and innovations that improve our lives and health. We need to go even further to seize the opportunity our association to Horizon represents and then reap the benefits.

    Besides Lord Vallance’s keynote, attendees at the Showcase will also hear from UKRI’s International Champion Professor Christopher Smith, DSIT’s Chief Scientific Adviser Professor Chris Johnson, and Cyril Robin-Champigneul from the EU’s delegation to the UK. That will be supplemented by sessions with experts from the UKRI on how to build the best bids for Horizon grants, and networking opportunities.

    DSIT Chief Scientific Adviser Professor Chris Johnson said:

    Over the last year we’ve seen some initial green shoots of recovery when it comes to UK participation in Horizon Europe. Events like today are an important chance to build on that positive momentum, and learn from the experience of those who’ve already been successful in building bids for funding.

    In 2025 and beyond, we want more researchers and businesses to seize the benefits of Horizon, to accelerate the discoveries that will boost our economy, and deliver new technologies that will improve all our lives.

    UKRI International Champion Professor Christopher Smith said:

    Today’s gathering at the Oval is a testament to the extraordinary progress we’ve made since associating to the Horizon Europe programme. The collaboration and innovation fostered through Horizon Europe are driving breakthroughs that will shape our future, from healthcare advancements, to climate monitoring, to AI integration across industries.

    As we look ahead, it’s crucial that we continue to leverage these opportunities to work collaboratively with our international partners, advancing research, fostering innovation, and supporting our vibrant research community.

    Businesses up and down the country are already carrying out cutting-edge R&D thanks to Horizon backing, as well as building consortia with partners in countries ranging from Canada to South Korea, and beyond.

    We know from recent history that the UK can be a leader in this area. We have 4 of the top 10 universities in the world, and the second-highest number of Nobel prize winners globally. A quarter of projects in which the UK participated, funded through Horizon Europe’s predecessor, were UK-led. 

    Further information, including practical support on how to apply, is available on the Horizon Hub – found on Innovate UK and UK Research and Innovation websites. UKRI also host regular events that help guide businesses and researchers through the opportunities on offer and the application process. 

    Potential applicants can find Horizon Europe calls (funding opportunities) open to UK-based applicants using the European Commission’s funding and tender opportunities portal. They can apply for Horizon Europe funding through the European Commission’s funding and tenders portal, where the original funding call is found. More information on how to submit applications are available on the European Commission’s website.

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 300

    Share this page

    The following links open in a new tab

    • Share on Facebook (opens in new tab)
    • Share on Twitter (opens in new tab)

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom –

    March 19, 2025
  • MIL-OSI: Edmiston Drive Capital Corp. Announces LOI with Canada Nickel Company

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, March 18, 2025 (GLOBE NEWSWIRE) — Edmiston Drive Capital Corp. (“EDCC” or the “Company“) is pleased to announce that it has entered into a letter of intent effective March 17, 2025 (the “LOI“) setting out the terms of a proposed business combination (the “Transaction“) with a wholly-owned subsidiary of Canada Nickel Company (“CNC“).

    Under the terms of the LOI, Canada Nickel will grant net smelter return royalty interests on all of its regional exploration properties in the Timmins District (excluding the Crawford Project and the Dargavel and Kingsmill targets located on the original Project 81 patents) to a wholly-owned subsidiary (“RoyaltyCo“), and RoyaltyCo will amalgamate with a wholly-owned subsidiary of EDCC in exchange for a cash payment to CNC of C$8 million and the issuance of 8.9 million common shares of EDCC to CNC. As conditions precedent to the Transaction, EDCC expects to complete: a) a one for ten consolidation of its share capital and b) a private placement financing with gross proceeds of at least C$9 million as set out further below.

    Bruce Langstaff, the Chairman of EDCC, said: “We are pleased to enter into this transaction with Canada Nickel. We look forward to the advancement of the Timmins Camp as a source of nickel and other critical minerals for Canada and the world. Further, we are excited to accelerate our plans to develop a targeted portfolio of mineral royalty interests that will create long term value for our shareholders.”

    Transaction Structure

    EDCC expects that the Transaction will be structured as a three‐cornered amalgamation pursuant to which RoyaltyCo will amalgamate with a wholly‐owned subsidiary of EDCC and EDCC will acquire all of the issued and outstanding shares of RoyaltyCo from CNC in exchange for the issuance of an aggregate of 8,900,000 common shares of EDCC (each, an “EDCC Share“) to CNC. The Transaction remains subject to the negotiation of definitive documentation, the receipt of all applicable regulatory and third-party approvals and the satisfaction of other closing conditions set forth in the LOI.

    The Transaction will constitute a change of business for the Company, as EDCC was previously a non-resource issuer and upon completion of the Transaction, proposes to focus on mineral royalty acquisitions and other forms of financing for mineral exploration and development. The Transaction is not expected to be subject to the approval of shareholders of EDCC, on the basis that (i) shareholder approval is not required for a three‐cornered amalgamation under applicable corporate law; (ii) the Transaction is not a “related party transaction” and no other circumstances exist which may compromise the independence of the Company or other interested parties with respect to the Transaction; and (iii) the Company is not and will not be subject to a cease trade order and will not otherwise be suspended from trading on completion of the Transaction.

    Concurrent Financing

    As a condition precedent to the closing of the Transaction, EDCC plans to complete a non-brokered private placement (the “Private Placement“) of a combination of common and preferred shares to raise aggregate proceeds of $9 million.

    Following the completion of the Transaction, the net proceeds of the Private Placement are anticipated to be used to fund the payment to CNC contemplated by the LOI and for general corporate purposes.

    Conditions to Completion

    Completion of the Transaction is subject to several conditions. The Transaction cannot close until all required regulatory approvals are obtained. There can be no assurance that EDCC and/or CNC will receive such approvals on acceptable terms, or at all. Other conditions to the completion of the Transaction include, if applicable, disinterested shareholder approval. Where applicable, the Transaction cannot close unless and until the required shareholder approval is obtained. There can be no assurance that the Transaction will receive such approvals as proposed, or at all. Further, there can be no assurance that the proposed private placement financing will be completed on terms that are attractive to EDCC, or at all. Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Transaction, neither CNC nor EDCC can make any representation or warranty as to the completeness or the accuracy of any information regarding the Transaction. Trading in the securities of EDCC should be considered highly speculative. Neither the Canadian Investment Regulatory Organization or any securities exchange has expressed an opinion on the merits of the proposed Transaction or has approved or disapproved the contents of this news release.

    On behalf of the Board of Directors

    Bruce Langstaff
    Executive Chairman
    info@copland-road.com

    Forward-Looking Statements

    This news release contains statements about the Company’s expectations regarding the proposed Transaction of the Company and the Private Placement which are forward‐looking in nature and, as a result, are subject to certain risks and uncertainties. Although the Company believes that the expectations reflected in these forward‐looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward‐looking statements. Factors that could cause the actual results to differ materially from those in forward‐looking statements include general business, economic, competitive and social uncertainties; and the delay or failure to receive all applicable regulatory and third party approvals, and availability of financing. The forward‐looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward‐looking statements or information, except as required by law.

    The MIL Network –

    March 19, 2025
  • MIL-OSI: Helium Evolution Closes First Tranche of Private Placement

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, March 18, 2025 (GLOBE NEWSWIRE) — Helium Evolution Incorporated (TSXV:HEVI) (“HEVI” or the “Company“), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, is pleased to announce the closing of the first tranche of the strategic private placement (the “Strategic Private Placement”), as announced on March 10, 2025.

    Pursuant to the Strategic Private Placement, HEVI issued 7,040,000 units (“Units”) for gross proceeds of $1.2 million. Each Unit will be comprised of one common share of the Company and one half of one common share purchase warrant (each whole warrant, a “Warrant“).  Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of $0.27 for a period of one year from the closing date of March 17, 2025 (the “Closing Date”), with an acceleration feature if the closing price over a 30-day period remains at or above $0.51 per common share at any time following the six-month anniversary of the Closing Date.

    The remainder of the Strategic Private Placement is expected to close on or around March 31, 2025, subject to requisite approvals by the TSX Venture Exchange (“TSXV”).

    Stay Connected to Helium Evolution

    Shareholders and other parties interested in learning more about the Helium Evolution opportunity are encouraged to visit the Company’s website, which includes an updated corporate presentation, and are invited to follow the Company on LinkedIn and X for ongoing corporate updates and helium industry information. Helium Evolution also provides an extensive, commissioned ‘deep-dive’ research report prepared by a third party whose background includes serving as a research analyst for several bank-owned and independent investment dealers.

    About Helium Evolution Incorporated

    Helium Evolution is a Canadian-based helium exploration company holding the largest helium land rights position in North America among publicly-traded companies, focused on developing assets in southern Saskatchewan. The Company has over five million acres of land under permit near proven discoveries of economic helium concentrations which will support scaling the exploration and development efforts across its land base. HEVI’s management and board are executing a differentiated strategy to become a leading supplier of sustainably-produced helium for the growing global helium market.

    For further information, please contact:

    Greg Robb, President & CEO
    Kristi Kunec, CFO
    Phone: 1-587-330-2459
    Email: info@heliumevolution.ca
    Web: https://www.heliumevolution.ca
       

    Statement Regarding Forward-Looking Information

    This news release contains statements that constitute “forward-looking statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward–looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur.

    Forward-looking statements in this document include statements regarding, the Company’s expectations regarding completion of the remainder of the Strategic Private Placement including the approval from the TSXV, the Company becoming a leading supplier of sustainably-produced helium, timeline of future updates, the Company’s beliefs regarding growth of the global helium market and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the TSXV may refuse to grant approval of the remainder of the Strategic Private Placement; the transactions described in this news release may not close; there may not be long-term growth; new laws or regulations and/or unforeseen events could adversely affect the Company’s business and results of operations; stock markets have experienced volatility that often has been unrelated to the performance of companies and such volatility may adversely affect the price of the Company’s securities regardless of its operating performance; risks generally associated with the exploration for and production of resources; the uncertainty of estimates and projections relating to expenses and the Company’s working capital position; constraint in the availability of services; commodity price and exchange rate fluctuations; adverse weather or break-up conditions; and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures.

    When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and risks other uncertainties and potential events. The Company has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

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

    The MIL Network –

    March 19, 2025
  • MIL-OSI: Alectra’s Mike Matthews receives EDA “Chair’s Citation Award” for outstanding leadership and dedication to the electricity industry

    Source: GlobeNewswire (MIL-OSI)

    MISSISSAUGA, Ontario, March 18, 2025 (GLOBE NEWSWIRE) — Mike Matthews, Executive Vice President of Asset Strategy and Operations at Alectra Utilities, has been awarded the esteemed “Chair’s Citation Award” by the Electricity Distributors Association (EDA). This award recognizes Mike’s outstanding leadership, dedication and contributions to Ontario’s electricity sector over his 35-year career.

    Presented in memory of Dr. Robert H. Hay, the “Chair’s Citation Award” acknowledges individuals who have demonstrated exceptional service to the EDA and the electricity industry. Mike was celebrated for his commitment to advancing grid modernization, fostering industry collaboration, and driving innovation.

    “Mike has been influential in shaping the evolution of Ontario’s electricity industry,” said Brian Bentz, President and Chief Executive Officer, Alectra Inc. “His leadership, technical expertise, and dedication to strengthening our grid have not only benefited Alectra but have also helped drive meaningful progress across the sector. This recognition is well deserved and we congratulate Mike on this outstanding achievement.”

    Throughout his career, Mike has played a key role in major industry milestones, including the creation of Alectra Utilities in 2017 through the merger of five utilities. Over eight years at Alectra, he provided meaningful leadership in capital planning, grid modernization and developing Alectra’s distribution system plan – a cornerstone of the company’s future cost-of-service rate applications.

    Mike has also made significant contributions to the EDA, serving on the Board of Directors and as Chair of the Upper Canada District Executive. His leadership as Chair of the EDIST Organizing Committee from 2015 to 2022 helped shape one of the industry’s most important technical conferences, fostering dialogue on emerging technologies and best practices.

    Beyond his professional accomplishments, Mike has been a dedicated community leader, volunteering for 17 years with the Markham Waxers Minor Hockey Association. His passion for mentorship and community service has positively impacted young athletes and families in the region.

    “I am deeply honoured to receive this award from the EDA,” said Mike Matthews, Executive Vice President of Asset Strategy and Operations, Alectra Utilities. “Throughout my career, I’ve had the privilege of working with incredible colleagues, partners and industry leaders. This recognition reflects the collective efforts of so many dedicated individuals working to advance our industry.”

    Alectra congratulates Mike Matthews for his contributions in shaping the future of the energy sector.

    About Alectra Inc. Family of Companies

    Serving more than one million homes and businesses in Ontario’s Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions.

    Twitter: https://twitter.com/alectranews

    Facebook: https://www.facebook.com/alectranews/

    Instagram: https://www.instagram.com/alectranews/?hl=en

    LinkedIn: https://www.linkedin.com/company/16178435/admin/

    Bluesky: https://bsky.app/profile/alectranews.bsky.social

    YouTube: https://www.youtube.com/alectranews

    Media Contact:

    Ashley Trgachef, Media Spokesperson
    ashley.trgachef@alectrautilities.com | Telephone: 416.402.5469 | 24/7 Media Line: 1.833.MEDIA-LN

    The MIL Network –

    March 19, 2025
  • MIL-OSI: Matador Technologies Inc. to List on OTCQB

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 18, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA) is pleased to announce that it has received approval to list its common shares on the OTC Markets under the ticker symbol OTCQB:MTDTF. The Company expects trading to commence on March 18, 2025.

    The OTC listing marks a significant milestone for Matador as it executes its strategic plan to enhance liquidity, broaden its shareholder base, and provide U.S. investors with greater accessibility to its stock. The listing aligns with the Company’s commitment to expanding its presence in global capital markets while reinforcing its position within the digital asset and financial technology sectors.

    As part of this strategic expansion, Matador recognizes the growing interest in publicly traded companies operating within the bitcoin ecosystem, such as Metaplanet and Strategy, both of which hold Bitcoin on their balance sheet and actively trade in the U.S. market. Matador aims to further differentiate itself by leveraging innovative solutions that bridge traditional and digital assets, supporting consumers worldwide.

    “We are excited to list on the OTC Markets, which represents an important step in our long-term growth strategy,” said Deven Soni, CEO of Matador Technologies Inc. “Matador is Canada’s sole public company that has a focus on building technology for the precious metals space, using the Bitcoin network. We are looking forward to expanding our investor base with this OTC listing.”

    Matador Technologies Inc. will continue to trade on the TSX Venture under the ticker symbol MATA, in addition to its new OTC Markets listing.

    For additional information, please contact:

    Media Contact:
    Sunny Ray
    President
    Email: sunny@matador.network

    Phone: 647-932-2668

    About Matador Technologies Inc.
    Matador Technologies Inc. leverages blockchain technology to digitize real-world assets like gold. Focused on building innovative financial solutions, Matador is at the forefront of integrating blockchain technology to preserve and grow value. Matador’s digital gold platform aims to democratize the gold buying experience, combining the best of modern technology and time-proven assets, to create a platform that will allow users to buy, sell, and store gold 24/7 in a convenient and engaging way.     

    Cautionary Statement Regarding Forward-Looking Information

    NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

    Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company’s treasury management strategy and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of Bitcoin and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

    The MIL Network –

    March 19, 2025
  • MIL-OSI: Bitfarms Completes Strategic Sale of its Yguazu, Paraguay Data Center

    Source: GlobeNewswire (MIL-OSI)

    -Accretive transaction valued at approximately U.S. $85 million-

    -Bitfarms to reinvest capital in U.S. growth opportunities-

    This news release constitutes a “designated news release” for the purposes of Bitfarms’ second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023.

    TORONTO, Ontario, March 18, 2025 (GLOBE NEWSWIRE) — Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated data center company, today announced the successful completion of the sale of its 200 MW data center in Yguazu, Paraguay to HIVE Digital Technologies, Ltd. (“HIVE”).

    Bitfarms CEO Ben Gagnon stated, “We are pleased to have expeditiously completed the sale of our Yguazu site to HIVE, allowing us to streamline our operations and further rebalance our portfolio towards North America. We now anticipate that our year-end 2025 proforma energy portfolio will be ~80% North American and ~20% international, marking a significant milestone in our transition from an international Bitcoin miner to a North American energy and compute infrastructure company.”

    CFO Jeff Lucas stated, “This accretive sale is expected to significantly reduce our 2025 capex requirements, while reducing our average power costs by 10%. We plan to reinvest the savings and capital from this sale towards our 1.1 GW U.S. growth pipeline for Bitcoin mining and HPC/AI infrastructure, in line with our strategy to grow in the U.S. and diversify beyond Bitcoin mining.”

    About Bitfarms Ltd.

    Founded in 2017, Bitfarms is a global Bitcoin and vertically integrated data center company that sells its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated mining facilities with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers.

    Bitfarms currently has 15 operating Bitcoin data centers in four countries: the United States, Canada, Paraguay, and Argentina. Powered predominantly by environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable and often underutilized energy infrastructure.

    To learn more about Bitfarms’ events, developments, and online communities:

    www.bitfarms.com
    https://www.facebook.com/bitfarms/
    https://x.com/Bitfarms_io
    https://www.instagram.com/bitfarms/
    https://www.linkedin.com/company/bitfarms/

    Glossary of Terms

    • HPC/AI = High Performance Computing / Artificial Intelligence
    • GW = Gigawatt

    Forward-Looking Statements

    This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding the sale of the Yguazu, Paraguay Site, the merits of the rebalancing operations to North America, the reinvestment of the proceeds of the sale for growth and projected growth, the North American energy and compute infrastructure strategy and other statements regarding future growth, plans and objectives of the Company are forward-looking information. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.

    This forward-looking information is based on assumptions and estimates of management of the Company at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to: the failure to receive payments owing pursuant to the sale of the Yguazu, Paraguay Site on the terms as announced or at all; the reinvestment of the proceeds of the sale may not occur on an economic basis; the anticipated benefits of the rebalancing of operations to North America and the North American energy and compute infrastructure strategy may not be realized; an inability to apply the Company’s data centers to HPC/AI opportunities on a profitable basis; a failure to secure long-term contracts associated with HPC/AI customers on terms which are economic or at all; the construction and operation of the Company’s facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of hydroelectricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company’s electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company’s profitability; future capital needs and the ability to complete current and future financings, including Bitfarms’ ability to utilize an at-the-market offering program ( “ATM Program”) and the prices at which securities may be sold in such ATM Program, as well as capital market conditions in general; share dilution resulting from an ATM Program and from other equity issuances; the risk that a material weakness in internal control over financial reporting could result in a misstatement of the Company’s financial position that may lead to a material misstatement of the annual or interim consolidated financial statements if not prevented or detected on a timely basis; any regulations or laws that will prevent Bitfarms from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; and the adoption or expansion of any regulation or law that will prevent Bitfarms from operating its business, or make it more costly to do so. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.sedarplus.ca (which are also available on the website of the U.S. Securities and Exchange Commission at www.sec.gov), including the restated MD&A for the year-ended December 31, 2023, filed on December 9, 2024. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended, including factors that are currently unknown to or deemed immaterial by the Company. There can be no assurance that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law. Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release.

    Investor Relations Contacts:

    Tracy Krumme
    SVP, Head of IR & Corp. Comms.
    +1 786-671-5638
    tkrumme@bitfarms.com

    Media Contacts:

    Caroline Brady Baker
    Director, Communications
    cbaker@bitfarms.com

    The MIL Network –

    March 19, 2025
  • MIL-OSI Asia-Pac: MEASURES TO PREVENT DRUG ABUSE AND COMBAT ILLEGAL DRUG TRADE

    Source: Government of India

    Categories24-7, Asia Pacific, Government of India, India, MIL OSI

    Post navigation

    Ministry of Home Affairs

    MEASURES TO PREVENT DRUG ABUSE AND COMBAT ILLEGAL DRUG TRADE

    Posted On: 18 MAR 2025 3:26PM by PIB Delhi

    To address the problem of Drug Abuse, Government has formulated and implemented the National Action Plan for Drug Demand Reduction (NAPDDR) under which the Government is taking a sustained and coordinated action for arresting the problem of substance abuse. This includes:

    1. Launched Nasha Mukt Bharat Abhiyaan (NMBA) in all districts of the country through more than 10000 master volunteers. It has reached out to more-than 14.79 crore people including 4.96 crore youth and 2.97 crore women.
    2. 350 Integrated Rehabilitation Centers for Addicts (IRCAs) are supported by the Government to provide treatment for the drug victims, preventive education, awareness generation, motivational counseling, detoxification/de-addiction, after care and re-integration into the social mainstream.
    3. 46 Community based Peer led Intervention (CPLI) Centers supported by the Government focuses on vulnerable and at risk children and adolescents.
    4. 74 Outreach and Drop In Centers (ODICs) supported by the Government provide safe and secure space for treatment, rehabilitation, screening, assessment, counseling, referral, linkage for treatment and rehabilitation services for substance users.
    5. 142 Addiction Treatment Facilities (ATFs) has been established in Government hospitals through All India Institute of Medical science (AIIMS), New Delhi.
    6. 124 District De-addiction Centres (DDACs) which provides all three facilities provided by IRCA, ODIC and CPLI under one roof have been set up so far.
    7. A Toll-free Helpline for de-addiction, 14446 is operated for providing primary counseling and immediate assistance to persons seeking help.
    8. Government through its autonomous body National Institute of Social Defense (NISD) and other collaborating agencies like State Counsel of Educational Research and Training (SCERTs), Kendriya Vidyalaya Sangathan, etc. provides for regular awareness generation and sensitization sessions for all stakeholders including students, teachers, parents.
    9. Navchetna Modules, teachers training modules have been developed by Ministry of Social Justice & Empowerment (MoSJE) for sensitizing students (6th – 11th standard), teachers and parents on drug dependence, related coping strategies and life skills.

    As per latest data published by National Crime Records Bureau (NCRB) pertaining to the year 2022; Drug-wise seizures under the Narcotic Drugs and Psychotropic Substances Act during 2018 to 2022 is at Annexure-I.

    The Government made various efforts to tackle the illegal drug trade in border areas, some of which are as under: –

    1. A 4-tier Narco-Coordination Centre (NCORD) mechanism for ensuring better coordination between Central & State Drug Law Enforcement Agencies and other stakeholders in the field of controlling drug trafficking and drug abuse in India has been established. An all-in-one NCORD portal has been developed for information related to drug law enforcement.
    2. A dedicated Anti-Narcotics Task Force (ANTF) headed by Additional Director General/ Inspector General level Police Officer has been established in each State/ Union Territory to function as the NCORD Secretariat for the State/ Union Territory and follow-up on compliance of decisions taken in NCORD meetings at different levels.
    3. To monitor the investigation of important and significant seizures, a Joint Coordination Committee (JCC) under the Chairmanship of Director General, Narcotics Control Bureau (NCB) has been set up.
    4. National Investigation Agency (NIA) has been empowered under NDPS Act, 1985 in the year 2020 for investigation of narco-terrorism cases.
    5. Border Guarding Forces (Border Security Force, Assam Rifles and Sashastra Seema Bal) have been empowered under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985 to carry out search, seizure and arrest for illicit trafficking of narcotic drugs at international border. Further, Railway Protection Force (RPF) has also been empowered under NDPS Act to check drug trafficking along the railway routes.
    6. Narcotics Control Bureau coordinates with other agencies like, Navy, Coast Guard, Border Security Force, State ANTF, etc. to conduct joint operations to control the drug trafficking.
    7. A high level dedicated group has been created in National Security Council Secretariat (NSCS) in November 2022 to analyze the drug trafficking through maritime routes, challenges and solutions (Maritime Security Group – NSCS).
    8. Director General Level Talks are organized with neighboring and other countries such as Myanmar, Iran, Bangladesh, Indonesia, Singapore, Afghanistan, Sri Lanka, etc. to resolve various issues on drug trafficking having international implications.
    1. As a part of international co-operation, India has signed Bilateral Agreements with 27 countries, Memorandum of Understanding with 16 countries and Agreements on Security Cooperation with 02 countries for combating illicit trafficking of Narcotic Drugs and Psychotropic Substances (NDPS) and Chemical Precursors as well as related offences.
    2. India is closely associated with International Narcotics Control Board (INCB) and all its programs viz. PEN (Pre-Export Notification), PICS (Precursors Incident Communication System), and IONICS (International Operations on New Psychoactive Substances Incident Communication System).
    3. Narcotics Control Bureau (NCB) co-ordinates with various international organizations such as South Asian Association for Regional Cooperation- Drug Offences Monitoring Desk (SAARC-SDOMD), Brazil, Russia, India, China, and South Africa  (BRICS), Colombo Plan, Association of Southeast Asian Nations (ASEAN), ASEAN Senior Officials on Drug Matters (ASOD), Bay of Bengal Initiative For Multi-Sectoral Technical and Economic Co-Operation  (BIMSTEC), Shanghai Cooperation Organization  (SCO), United   Nations  Office   on   Drugs  and  Crime (UNODC),

    International Narcotics Control Board (INCB), etc. for sharing information and intelligence to combat trans-national drug trafficking.

    1. NCB India takes part in real-time information sharing with various Drug Liaison Officers of other countries such as the Drug Enforcement Agency (DEA) of the United States of America, the National Crime Agency of the United Kingdom, Royal Canadian Mounted Police (RCMP) of Canada, Australian Federal Police (AFP) of Australia, Office Anti-Stupefiants (OFAST) of France, etc for operational and intelligence information.

    This was stated by the Minister of State in the Ministry of Home Affairs Shri Nityanand Rai in a written reply to a question in the Lok Sabha.

    *****

    RK/VV/ASH/RR/PR/PS

    (Release ID: 2112236)

    MIL OSI Asia Pacific News –

    March 19, 2025
  • MIL-OSI Asia-Pac: President Lai meets Japan-ROC Diet Members’ Consultative Council Chairman Furuya Keiji

    Source: Republic of China Taiwan

    Details
    2025-03-17
    President Lai addresses opening of 2025 Yushan Forum
    On the morning of March 17, President Lai Ching-te attended the opening of the 2025 Yushan Forum, the theme of which was “New Southbound Policy+: Taiwan, the Indo-Pacific, and a New World.” In remarks, President Lai stated that the New Southbound Policy has led to great success in economic and trade cooperation, professional exchanges, resource sharing, and building regional links. He said that in the past, Taiwanese industries went from moving westward across the Taiwan Strait, to shifting southbound, to working closer with the north, but that now, Taiwan is confidently stepping across the Pacific, reaching eastward, to the Americas and other regions. While staying firmly rooted in Taiwan, he said, Taiwan’s enterprises are expanding their global presence and marketing worldwide. The president stated that Taiwan will strive alongside its partners in democracy to bolster non-red supply chains and digital solidarity, and together respond to the threats and challenges posed by expanding authoritarianism. He indicated that the Yushan Forum is a place to share experiences, and more importantly, lay down firm foundations for exchanges and cooperation among participants’ countries to create greater stability for the region and greater prosperity for the world. A transcript of President Lai’s remarks follows: On behalf of all the people of Taiwan, I want to welcome our good friends joining us from around the world. Your presence shows support for a peaceful and stable Taiwan and a free and open Indo-Pacific region. The Yushan Forum has become more than just an important platform for the New Southbound Policy. Over these eight years, more than 3,600 participants from Taiwan and 28 other countries have helped deepen Taiwan’s connections with nations around the world. The New Southbound Policy has led to great success in economic and trade cooperation, professional exchanges, resource sharing, and building regional links. Looking ahead, the Yushan Forum will be taking on the important mission of carrying its legacy forward and transforming it into action. Not only must we turn consensus into action plans for close cooperation among countries in the region; we must also work with partners around the world to forge ahead with cooperative plans for mutual prosperity. We hope to envision a new world from Taiwan – and see Taiwan in this new world. We are also embracing an era of smart technology. The government sessions of this Yushan Forum are therefore centered around topics including smart healthcare, smart transportation, and resilient supply chains for semiconductors. Taiwan is intent on working side by side with other countries to face the challenges of this new era. Today’s Taiwan celebrates not only the democratic achievements that are recognized by the international community, but also our strengths in the semiconductor and other tech industries, which enable us to play a key role in restructuring global democratic supply chains and the economic order. We are building on Taiwan as a “silicon island” for semiconductors while accelerating innovation and AI applications for industry. These efforts will help Taiwan become an “AI island” as well. We are also developing forward-looking fields such as quantum technology and precision medicine, which will create an industry ecosystem that is highly competitive and innovative. The government will also develop economic models powered by innovation. This will help SMEs (small- and medium-sized enterprises) upgrade and transform through the power of digital transformation and net-zero transition. In the past, Taiwanese industries went from moving westward across the Taiwan Strait, to shifting southbound, to working closer with the north. But now, we are confidently stepping across the Pacific, reaching eastward, to the Americas and other regions. While staying firmly rooted in Taiwan, our enterprises are expanding their global presence and marketing worldwide. Taiwan will continue to engage with the world, and we welcome the world to come closer to Taiwan. As we gather here today, I am confident that we share the same goal: Through international cooperation, we hope to build an even more inclusive, resilient, prosperous Indo-Pacific, while jointly defending the democracy, freedom, and peace we so firmly believe in. I want to thank you all once again for supporting Taiwan. We will strive alongside our partners in democracy to bolster non-red supply chains and digital solidarity, and together respond to the threats and challenges posed by expanding authoritarianism. Yushan is also known as Jade Mountain. It is Taiwan’s highest peak and stands as firm as our unwavering spirit. During this critical time of global change and transformation, the Yushan Forum is a place where we can share our experiences, and more importantly, lay down firm foundations for exchanges and cooperation among our countries. This way, we can create greater stability for the region and greater prosperity for the world. I wish everyone a successful forum. Thank you. Also in attendance at the event were former Prime Minister of Denmark and Alliance of Democracies Foundation Chairman Anders Fogh Rasmussen, former Prime Minister of the Republic of Slovenia Janez Janša, Japan-ROC Diet Members’ Consultative Council Chairman Furuya Keiji, and American Institute in Taiwan Taipei Office Director Raymond Greene.

    Details
    2025-03-13
    President Lai attends Ministry of Foreign Affairs 2025 Spring Banquet  
    On the evening of March 13, President Lai Ching-te attended the Ministry of Foreign Affairs 2025 Spring Banquet for foreign ambassadors and representatives stationed in Taiwan. In remarks, President Lai thanked our diplomatic allies and like-minded countries for continuing to demonstrate their high regard and support for Taiwan at international venues. The president stated that a stronger Taiwan will be able to contribute even more to the world, explaining that is why he established the National Climate Change Committee, the Whole-of-Society Defense Resilience Committee, and the Healthy Taiwan Promotion Committee. He added that he hopes to pool our strengths so as to formulate national development strategies and enhance Taiwan’s international collaboration. The president also expressed hope of developing opportunities for cooperation with other countries across many domains to jointly advance democracy, peace, and prosperity throughout the region and around the world. A translation of President Lai’s remarks follows: Today is my first time attending the Ministry of Foreign Affairs Spring Banquet since becoming president. It is a pleasure to be able to meet and socialize with esteemed guests from other countries and good friends from all sectors of Taiwan. The global landscape has changed rapidly over the past year. Geopolitical volatility, the restructuring of supply chains, technological advancements, and other factors have had a profound impact on nations’ strategic plans. I want to take this opportunity to thank our diplomatic allies and like-minded countries for continuing to demonstrate their high regard and support for Taiwan at international venues. Last month, the leaders of the United States and Japan, the US secretary of state and the foreign ministers of Japan and the Republic of Korea, and the G7 foreign ministers all issued joint statements emphasizing the importance of peace and stability across the Taiwan Strait, underscoring Taiwan’s vital role in global progress and prosperity.  I would especially like to thank members of the diplomatic corps for working with us to build even closer partnerships between our countries. I have always believed that a stronger Taiwan will be able to contribute even more to the world. That is why, after taking office, I established the National Climate Change Committee, the Whole-of-Society Defense Resilience Committee, and the Healthy Taiwan Promotion Committee under the Office of the President. These committees continue to address global concerns and seek to solve important issues that impact our own people. I hope to pool our strengths so as to formulate national development strategies and enhance Taiwan’s international collaboration.  Last year, I visited our Pacific allies – the Republic of the Marshall Islands, Tuvalu, and the Republic of Palau. I deeply appreciated our friends’ warm hospitality and came to feel very deeply that we are like a family. Through local visits and mutual exchanges, we deepened our diplomatic alliances and cooperation, creating win-win outcomes. We also showed Taiwan’s determination to work with allies to tackle the many challenges related to climate change, net-zero transition, and digital transformation. At the start of this month, Taiwan hosted the first-ever workshop on whole-of-society defense resilience under the Global Cooperation and Training Framework. Experts and scholars from 30 countries participated in the discussions. I once again thank the diplomatic corps for their support and assistance. In the future, we look forward to developing opportunities for cooperation with other countries across many domains to jointly advance democracy, peace, and prosperity throughout the region and around the world. In the face of authoritarian expansion, Taiwan will continue to bolster its national defense capabilities. We will stand shoulder to shoulder with fellow democracies to demonstrate the strength of deterrence. We will also join hands to build non-red supply chains, strengthen our economic resilience, and promote an initiative on semiconductor supply chain partnerships for global democracies. All of this will ensure steady technological and economic development.  In my New Year’s Day address, I said that in this new year, we have many more brilliant stories of Taiwan to share with the world. Everyone gathered here tonight is a dear friend of Taiwan. And each of you plays an important role in the stories this land has to tell.  I am deeply grateful to you all for the incredible efforts you make in support of Taiwan. In so many ways, you connect Taiwan to the rest of the world and allow the world to see the many different sides of this amazing nation. I believe that through even deeper and more extensive cooperation, we will create many more wonderful stories of Taiwan and build an even brighter future together. I wish you all a pleasant evening. Also in attendance at the event were Dean of the Diplomatic Corps and Saint Vincent and the Grenadines Ambassador Andrea Clare Bowman and other members of the foreign diplomatic corps in Taiwan.

    Details
    2025-03-04
    President Lai meets US Heritage Foundation founder Dr. Edwin Feulner
    On the afternoon of March 4, President Lai Ching-te met with a delegation led by founder of the US-based Heritage Foundation Dr. Edwin Feulner. In remarks President Lai thanked the foundation for publishing the 2025 Index of Economic Freedom, in which Taiwan ranked fourth globally and which recognized Taiwan’s sound legal foundation and ideal investment environment. The president said that Taiwan and the United States are important economic and trade partners and engage closely in industrial exchange. The president also expressed hope to expand investment in and procurement from the US in such areas as high-tech, energy, and agricultural products, and to work with the US and other democratic partners to create more resilient and diverse semiconductor supply chains to address new circumstances. A translation of President Lai’s remarks follows: It is a pleasure to welcome Dr. Feulner back to Taiwan today. I recall meeting with Dr. Feulner and Heritage Foundation President Kevin Roberts here at the Presidential Office at the end of last February. We had a fruitful discussion on Taiwan-US relations and regional affairs. When President Donald Trump was elected for his first term, Dr. Feulner played a crucial role in the administration’s transition team. Today, I look forward to hearing his thoughts on possible ways to further deepen relations between Taiwan and the US. I would like to thank the Heritage Foundation for publishing the 2025 Index of Economic Freedom, in which Taiwan ranked fourth globally. The report also recognized Taiwan’s sound legal foundation and ideal investment environment. Taiwan and the US are important economic and trade partners and engage closely in industrial exchange. The Taiwan Semiconductor Manufacturing Company’s (TSMC) historic US$65 billion investment in Arizona–negotiated and finalized during President Trump’s first term–is a case in point. And today, TSMC Chairman C.C. Wei (魏哲家) and President Trump jointly announced that the company would be expanding its investment in the US with new facilities. Looking ahead, we hope to expand investment in and procurement from the US in such areas as high-tech, energy, and agricultural products. We also look forward to working with the US and other democratic partners to create more resilient and diverse semiconductor supply chains to address new circumstances. At present, we continue to face authoritarian expansionism. As a country that deeply loves and staunchly defends freedom, Taiwan will collaborate with the US and other like-minded countries to maintain regional peace and stability. I would like to thank President Trump for his recent joint statement with Japanese Prime Minister Ishiba Shigeru, which emphasized the importance of maintaining peace and stability across the Taiwan Strait. And last month, the US was also part of a G7 foreign ministers’ statement in which “they strongly opposed any attempts to change unilaterally the status quo using force.” We firmly believe that only peace attained through one’s own strength can truly be called peace. Currently, Taiwan’s defense budget stands at approximately 2.5 percent of GDP. Going forward, the government will prioritize special budget allocations to ensure that Taiwan’s defense budget exceeds 3 percent of GDP. Also, we will continue to reform national defense in the conviction that help comes most to those who help themselves. This will allow us to contribute even more to regional peace and stability. In closing, I once again thank Dr. Feulner for visiting and for demonstrating support of Taiwan. I wish you all a smooth and successful trip. Dr. Feulner then delivered remarks, first stating that on behalf of his successor, President Roberts, and all of his colleagues at the Heritage Foundation, it is his pleasure to present President Lai with the first copy of the 2025 Index of Economic Freedom. Pointing out that in the Index the Republic of China (Taiwan) is number four of 176 countries around the world in terms of its economic freedom, Dr. Feulner extended his congratulations to President Lai.  Dr. Feulner said he looks forward to a discussion about the present situation and how we can improve relations between the US and Taiwan. Dr. Feulner expressed his gratitude on hearing the wonderful announcement from TSMC, which was released right before his visit, that it will be expanding its investment in the US. In past trips, he said, he has had the opportunity to visit the TSMC headquarters in Taiwan, and fairly recently he has had the opportunity to view the site in Arizona where the construction continues and where the initial operations are beginning. He stated that they are proud to have TSMC now as an integral part of our responsible bilateral relationship. Dr. Feulner noted that while TSMC is of course very big, he also wants to express appreciation for all of the hundreds and hundreds of Taiwan-based companies that are strong, close partners throughout the US with American companies and with American people in terms of making a close and unified alliance of two freedom-loving countries.

    Details
    2025-03-04
    President Lai attends opening ceremony of GCTF Workshop on Whole-of-Society Resilience Building, Preparation, and Response
    On the morning of March 4, President Lai Ching-te attended the opening ceremony of the Global Cooperation and Training Framework (GCTF) Workshop on Whole-of-Society Resilience Building, Preparation, and Response. In remarks, President Lai stated that global challenges such as extreme weather, pandemics, and energy crises continue to emerge, and growing authoritarianism presents a grave threat to freedom-loving countries. These challenges have no borders, he said, and absolutely no single country can face them alone. The president said that as a responsible member of the international community, Taiwan is both willing and able to contribute even more to the democracy, peace, and prosperity of the world, and that the GCTF is an important platform where Taiwan can make those contributions by sharing its experiences with the rest of the world. President Lai indicated that Taiwan will join the forces of the central and local governments to enhance social resilience across the board, enhance disaster response capabilities in the community, and leverage its strengths to make contributions to the international community. He said that we are demonstrating to the world our determination to create an even more resilient Taiwan, and expressed hope to advance mutual assistance and exchanges with all the countries involved, so that we can together promote stability and prosperity around the world. A transcript of President Lai’s remarks follows: To begin, I would like to welcome more than 60 distinguished guests from 30 countries, as well as experts from Taiwan. You are all here for this GCTF workshop to discuss whole-of-society resilience building, preparation, and response. As a responsible member of the international community, Taiwan is both willing and able to contribute even more to the democracy, peace, and prosperity of the world. The GCTF is an important platform where Taiwan can make those contributions by sharing its experiences with the rest of the world. I want to thank our full GCTF partners, the United States, Japan, Australia, and Canada. Over the past several years, we have worked with even more countries through this framework and have expanded our exchanges into even more fields. Together, we have met all kinds of new challenges. I am confident that as our cooperation grows stronger, so will our ability to promote global progress. Each of today’s guests is contributing a vital force in that regard. I extend my sincere thanks to you all. Global challenges such as extreme weather, pandemics, and energy crises continue to emerge. And growing authoritarianism presents a grave threat to freedom-loving countries. These challenges have no borders, and absolutely no single country can face them alone. Taiwan holds a key position on the first island chain, and stands at the very frontline of the defense of democracy. With this joint workshop, we are demonstrating to the world our determination to create an even more resilient Taiwan. We are also aiming to advance our mutual assistance and exchanges with all the countries involved, so that we can make our societies more resilient and together promote stability and prosperity around the world. Moving forward, we will continue advancing the following three initiatives: First, we will join the forces of the central and local governments to enhance social resilience across the board. Just last year, I established the Whole-of-Society Defense Resilience Committee at the Presidential Office. Civilian force training, strategic material preparation, and critical infrastructure operation and maintenance are all key discussion areas for our committee. These aim to enhance Taiwan’s resilience in national defense, economic livelihoods, disaster prevention, and democracy. They are also items on the agenda for this GCTF workshop. To cover all the bases, Taiwan must unite and cooperate as a team. Last year, our committee held the very first cross-sector tabletop exercise at the Presidential Office which included central and local government officials as well as civilian observers. We aim to test the government’s emergency response capabilities in high-intensity gray-zone operations and near-conflict situations. We will continue to hold exercises to help the central and local governments work together more efficiently, and strengthen Taiwan’s overall disaster response capabilities. Second is to enhance disaster response capabilities in the community. We fully understand that to build whole-of-society resilience, we must help people increase risk awareness, know how to respond to disasters, and develop abilities to help themselves, help one another, and work together. We are grateful to the American Institute in Taiwan (AIT) for collaborating with the Taiwan Development Association for Disaster Medical Teams to host “Take Action” workshops around the country since 2021. A 2.0 version is already in practice, and continues to train the public in first aid skills. Director of the AIT Taipei Office Raymond Greene and I took part in a Take Action event in New Taipei City last year and personally saw the positive outcomes of the training. In addition to the Take Action workshops, the government is also providing Disaster Relief Volunteer training for ages 11 to 89, and is continuing to expand its target audience. We have also set up Taiwan Community Emergency Response Teams at key facilities nationwide, enhancing the ability of these important facilities to respond independently to disasters. Civilian training will continue to be refined and expanded so that members of the public can serve as important partners in government-led disaster prevention and relief. Third, we will leverage Taiwan’s strengths to make contributions to the international community. The inspiration for our Disaster Relief Volunteer training comes from a similar program run by The Nippon Care-Fit Education Institute in Japan. I am confident that through exchanges like this workshop, Taiwan and other countries can also inspire one another in many areas, and enhance whole-of-society resilience in multiple ways. Taiwan also excels in information and communications and advanced technology. We will set up even more robust cybersecurity systems, expand usage of emerging technologies, and improve the ways we maintain domestic security. We hope that by leveraging our capabilities and sharing our experiences, Taiwan can contribute even more to the international community. I want to welcome all our partners once again, and thank AIT for co-hosting this event. Let’s continue down the path of advancing global security and developing resilience together. Because together, we can travel farther, and we can travel longer. Also in attendance at the event were Japan-Taiwan Exchange Association Deputy Representative Takaba Yo, Australian Office in Taipei Representative Robert Fergusson, and Canadian Trade Office in Taipei Executive Director Jim Nickel.

    Details
    2025-02-24
    President Lai meets Japanese House of Representatives Member Tamaki Yuichiro
    On the afternoon of February 24, President Lai Ching-te met with Japanese House of Representatives Member Tamaki Yuichiro. In remarks, President Lai noted that Taiwan and Japan are important trading partners. The president expressed hope that, in addition to semiconductors, Taiwan and Japan can also bolster cooperation in the fields of hydrogen energy and drones and build non-red supply chains, thus creating economic win-win situations and maintaining peace and stability in the Indo-Pacific region and globally. A translation of President Lai’s remarks follows: I would like to start by warmly welcoming Representative Tamaki on his first trip to Taiwan. Now is a key moment for the cooperative ties between Taiwan and Japan, and the fact that Representative Tamaki has chosen to take time out of his busy schedule to make this trip demonstrates his especially meaningful support for Taiwan. For this I want to express my deepest gratitude. At the beginning of this month, Japan and the United States held a summit meeting. In the post-summit joint leaders’ statement the government of Japan reiterated the importance of maintaining peace and stability across the Taiwan Strait, opposed any attempts to unilaterally change the status quo by force or coercion, and expressed support for Taiwan’s meaningful participation in international organizations. I would like to thank the government of Japan for these statements. Taiwan and Japan are both responsible members of the international community. I welcome an even firmer friendship between Japan and the US and hope to see cooperation among Taiwan, Japan, and the US become a solid force in consolidating peace and stability in the Indo-Pacific region. In addition to complex international conditions, we now also face the threat of China’s red supply chain. More and more countries are becoming increasingly concerned about such issues as economic security and supply chain resilience. As authoritarianism consolidates, democratic nations must also come closer in solidarity. Taiwan and Japan are important trading partners. I hope that, in addition to semiconductors, Taiwan and Japan can also bolster cooperation in the fields of hydrogen energy and drones, and that we can build non-red supply chains, thus creating economic win-win situations and maintaining peace and stability in the Indo-Pacific region and globally. Lastly, I would like once again to welcome Representative Tamaki to Taiwan and wish him a successful visit. I hope he departs Taiwan with a deep impression and that he will visit again. Representative Tamaki then delivered remarks, noting that this was his first visit to Taiwan and thanking President Lai and officials of the Taiwan government for their warm welcome. Pointing out that Taiwan-Japan ties are closer than ever thanks to the major efforts made on this front by President Lai since taking office, Representative Tamaki expressed his admiration and gratitude. Representative Tamaki pointed out that in a changing global landscape, Taiwan, Japan, and the Indo-Pacific region all face major changes, but he firmly believes that Taiwan-Japan relations will develop even further. Recalling President Lai’s previous remarks, the representative said that Japan and the US recently held a summit meeting that yielded important results. In the joint leaders’ statement, he noted, the two sides made a clear commitment regarding peace and stability across the Taiwan Strait and firmly opposed any attempts to unilaterally change the status quo by force or coercion. Representative Tamaki said that the ruling Liberal Democratic Party and the Komeito did not win a majority in last year’s House of Representatives general elections, while the number of seats held by his own Democratic Party for the People quadrupled. This result, he said, has filled him with a feeling of great responsibility. Moving forward, he intends to continue promoting Taiwan-Japan cooperation and strengthening relations. Also in attendance at the meeting was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-03-13
    President Lai holds press conference following high-level national security meeting
    On the afternoon of March 13, President Lai Ching-te convened a high-level national security meeting, following which he held a press conference. In remarks, President Lai introduced 17 major strategies to respond to five major national security and united front threats Taiwan now faces: China’s threat to national sovereignty, its threats from infiltration and espionage activities targeting Taiwan’s military, its threats aimed at obscuring the national identity of the people of Taiwan, its threats from united front infiltration into Taiwanese society through cross-strait exchanges, and its threats from using “integrated development” to attract Taiwanese businesspeople and youth. President Lai emphasized that in the face of increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and expressed hope that all citizens unite in solidarity to resist being divided. The president also expressed hope that citizens work together to increase media literacy, organize and participate in civic education activities, promptly expose concerted united front efforts, and refuse to participate in any activities that sacrifice national interests. As long as every citizen plays their part toward our nation’s goals for prosperity and security, he said, and as long as we work together, nothing can defeat us. A translation of President Lai’s remarks follows: At many venues recently, a number of citizens have expressed similar concerns to me. They have noticed cases in which members of the military, both active-duty and retired, have been bought out by China, sold intelligence, or even organized armed forces with plans to harm their own nation and its citizens. They have noticed cases in which entertainers willingly followed instructions from Beijing to claim that their country is not a country, all for the sake of personal career interests. They have noticed how messaging used by Chinese state media to stir up internal opposition in Taiwan is always quickly spread by specific channels. There have even been individuals making careers out of helping Chinese state media record united front content, spreading a message that democracy is useless and promoting skepticism toward the United States and the military to sow division and opposition. Many people worry that our country, as well as our hard-won freedom and democracy and the prosperity and progress we achieved together, are being washed away bit by bit due to these united front tactics. In an analysis of China’s united front, renowned strategic scholar Kerry K. Gershaneck expressed that China plans to divide and conquer us through subversion, infiltration, and acquisition of media, and by launching media warfare, psychological warfare, and legal warfare. What they are trying to do is to sow seeds of discord in our society, keep us occupied with internal conflicts, and cause us to ignore the real threat from outside. China’s ambition over the past several decades to annex Taiwan and stamp out the Republic of China has not changed for even a day. It continues to pursue political and military intimidation, and its united front infiltration of Taiwan’s society grows ever more serious. In 2005, China promulgated its so-called “Anti-Secession Law,” which makes using military force to annex Taiwan a national undertaking. Last June, China issued a 22-point set of “guidelines for punishing Taiwan independence separatists,” which regards all those who do not accept that “Taiwan is part of the People’s Republic of China” as targets for punishment, creating excuses to harm the people of Taiwan. China has also recently been distorting United Nations General Assembly Resolution 2758, showing in all aspects China’s increasingly urgent threat against Taiwan’s sovereignty. Lately, China has been taking advantage of democratic Taiwan’s freedom, diversity, and openness to recruit gangs, the media, commentators, political parties, and even active-duty and retired members of the armed forces and police to carry out actions to divide, destroy, and subvert us from within. A report from the National Security Bureau indicates that 64 persons were charged last year with suspicion of spying for China, which was three times the number of persons charged for the same offense in 2021. Among them, the Unionist Party, Rehabilitation Alliance Party, and Republic of China Taiwan Military Government formed treasonous organizations to deploy armed forces for China. In a democratic and free society, such cases are appalling. But this is something that actually exists within Taiwan’s society today. China also actively plots ways to infiltrate and spy on our military. Last year, 28 active-duty and 15 retired members of the armed forces were charged with suspicion of involvement in spying for China, respectively comprising 43 percent and 23 percent of all of such cases – 66 percent in total. We are also alert to the fact that China has recently used widespread issuance of Chinese passports to entice Taiwanese citizens to apply for the Residence Permit for Taiwan Residents, permanent residency, or the Resident Identity Card, in an attempt to muddle Taiwanese people’s sense of national identity. China also views cross-strait exchanges as a channel for its united front against Taiwan, marking enemies in Taiwan internally, creating internal divisions, and weakening our sense of who the enemy really is. It intends to weaken public authority and create the illusion that China is “governing” Taiwan, thereby expanding its influence within Taiwan. We are also aware that China has continued to expand its strategy of integrated development with Taiwan. It employs various methods to demand and coerce Taiwanese businesses to increase their investments in China, entice Taiwanese youth to develop their careers in China, and unscrupulously seeks to poach Taiwan’s talent and steal key technologies. Such methods impact our economic security and greatly increase the risk of our young people heading to China. By its actions, China already satisfies the definition of a “foreign hostile force” as provided in the Anti-Infiltration Act. We have no choice but to take even more proactive measures, which is my purpose in convening this high-level national security meeting today. It is time we adopt proper preventive measures, enhance our democratic resilience and national security, and protect our cherished free and democratic way of life. Next, I will be giving a detailed account of the five major national security and united front threats Taiwan now faces and the 17 major strategies we have prepared in response. I. Responding to China’s threats to our national sovereignty We have a nation insofar as we have sovereignty, and we have the Republic of China insofar as we have Taiwan. Just as I said during my inaugural address last May, and in my National Day address last October: The moment when Taiwan’s first democratically elected president took the oath of office in 1996 sent a message to the international community, that Taiwan is a sovereign, independent, democratic nation. Among people here and in the international community, some call this land the Republic of China, some call it Taiwan, and some, the Republic of China Taiwan. The Republic of China and the People’s Republic of China are not subordinate to each other, and Taiwan resists any annexation or encroachment upon our sovereignty. The future of the Republic of China Taiwan must be decided by its 23 million people. This is the status quo that we must maintain. The broadest consensus in Taiwanese society is that we must defend our sovereignty, uphold our free and democratic way of life, and resolutely oppose annexation of Taiwan by China. (1) I request that the National Security Council (NSC), the Ministry of National Defense (MND), and the administrative team do their utmost to promote the Four Pillars of Peace action plan to demonstrate the people’s broad consensus and firm resolve, consistent across the entirety of our nation, to oppose annexation of Taiwan by China. (2) I request that the NSC and the Ministry of Foreign Affairs draft an action plan that will, through collaboration with our friends and allies, convey to the world our national will and broad social consensus in opposing annexation of Taiwan by China and in countering China’s efforts to erase Taiwan from the international community and downgrade Taiwan’s sovereignty. II. Responding to China’s threats from infiltration and espionage activities targeting our military (1) Comprehensively review and amend our Law of Military Trial to restore the military trial system, allowing military judges to return to the frontline and collaborate with prosecutorial, investigative, and judicial authorities in the handling of criminal cases in which active-duty military personnel are suspected of involvement in such military crimes as sedition, aiding the enemy, leaking confidential information, dereliction of duty, or disobedience. In the future, criminal cases involving active-duty military personnel who are suspected of violating the Criminal Code of the Armed Forces will be tried by a military court. (2) Implement supporting reforms, including the establishment of a personnel management act for military judges and separate organization acts for military courts and military prosecutors’ offices. Once planning and discussion are completed, the MND will fully explain to and communicate with the public to ensure that the restoration of the military trial system gains the trust and full support of society. (3) To deter the various types of controversial rhetoric and behavior exhibited by active-duty as well as retired military personnel that severely damage the morale of our national military, the MND must discuss and propose an addition to the Criminal Code of the Armed Forces on penalties for expressions of loyalty to the enemy as well as revise the regulations for military personnel and their families receiving retirement benefits, so as to uphold military discipline. III. Responding to China’s threats aimed at obscuring the national identity of the people of Taiwan (1) I request that the Ministry of the Interior (MOI), Mainland Affairs Council (MAC), and other relevant agencies, wherever necessary, carry out inspections and management of the documents involving identification that Taiwanese citizens apply for in China, including: passports, ID cards, permanent residence certificates, and residence certificates, especially when the applicants are military personnel, civil servants, or public school educators, who have an obligation of loyalty to Taiwan. This will be done to strictly prevent and deter united front operations, which are performed by China under the guise of “integrated development,” that attempt to distort our people’s national identity. (2) With respect to naturalization and integration of individuals from China, Hong Kong, and Macau into Taiwanese society, more national security considerations must be taken into account while also attending to Taiwan’s social development and individual rights: Chinese nationals applying for permanent residency in Taiwan must, in accordance with the law of Taiwan, relinquish their existing household registration and passport and may not hold dual identity status. As for the systems in place to process individuals from Hong Kong or Macau applying for residency or permanent residency in Taiwan, there will be additional provisions for long-term residency to meet practical needs. IV. Responding to China’s threats from united front infiltration into Taiwanese society through cross-strait exchanges  (1) There are increasing risks involved with travel to China. (From January 1, 2024 to today, the MAC has received reports of 71 Taiwanese nationals who went missing, were detained, interrogated, or imprisoned in China; the number of unreported people who have been subjected to such treatment may be several times that. Of those, three elderly I-Kuan Tao members were detained in China in December of last year and have not yet been released.) In light of this, relevant agencies must raise public awareness of those risks, continue enhancing public communication, and implement various registration systems to reduce the potential for accidents and the risks associated with traveling to China. (2) Implement a disclosure system for exchanges with China involving public officials at all levels of the central and local government. This includes everyone from administrative officials to elected representatives, from legislators to village and neighborhood chiefs, all of whom should make the information related to such exchanges both public and transparent so that they can be accountable to the people. The MOI should also establish a disclosure system for exchanges with China involving public welfare organizations, such as religious groups, in order to prevent China’s interference and united front activities at their outset. (3) Manage the risks associated with individuals from China engaging in exchanges with Taiwan: Review and approval of Chinese individuals coming to Taiwan should be limited to normal cross-strait exchanges and official interactions under the principles of parity and dignity, and relevant factors such as changes in the cross-strait situation should be taken into consideration. Strict restrictions should be placed on Chinese individuals who have histories with the united front coming to Taiwan, and Chinese individuals should be prohibited from coming to Taiwan to conduct activities related in any way to the united front. (4) Political interference from China and the resulting risks to national security should be avoided in cross-strait exchanges. This includes the review and management of religious, cultural, academic, and education exchanges, which should in principle be depoliticized and de-risked so as to simplify people-to-people exchanges and promote healthy and orderly exchanges. (5) To deter the united front tactics of a cultural nature employed by Chinese nationals to undermine Taiwan’s sovereignty, the Executive Yuan must formulate a solution to make our local cultural industries more competitive, including enhanced support and incentives for our film, television, and cultural and creative industries to boost their strengths in democratic cultural creation, raise international competitiveness, and encourage research in Taiwan’s own history and culture. (6) Strengthen guidance and management for entertainers developing their careers in China. The competent authorities should provide entertainers with guidelines on conduct while working in China, and make clear the scope of investigation and response to conduct that endangers national dignity. This will help prevent China from pressuring Taiwanese entertainers to make statements or act in ways that endanger national dignity. (7) The relevant authorities must adopt proactive, effective measures to prevent China from engaging in cognitive warfare against Taiwan or endangering cybersecurity through the internet, applications, AI, and other such tools. (8) To implement these measures, each competent authority must run a comprehensive review of the relevant administrative ordinances, measures, and interpretations, and complete the relevant regulations for legal enforcement. Should there be any shortcomings, the legal framework for national security should be strengthened and amendments to the National Security Act, Anti-Infiltration Act, Act Governing Relations between the People of the Taiwan Area and the Mainland Area, Laws and Regulations Regarding Hong Kong & Macao Affairs, or Cyber Security Management Act should be proposed. Communication with the public should also be increased so that implementation can happen as soon as possible. V. Responding to threats from China using “integrated development” to attract Taiwanese businesspeople and youth (1) I request that the NSC and administrative agencies work together to carry out strategic structural adjustments to the economic and trade relations between Taiwan and China based on the strategies of putting Taiwan first and expanding our global presence while staying rooted in Taiwan. In addition, they should carry out necessary, orderly adjustments to the flow of talent, goods, money, and skills involved in cross-strait economic and trade relations based on the principle of strengthening Taiwan’s foundations to better manage risk. This will help boost economic security and give us more power to respond to China’s economic and trade united front and economic coercion against Taiwan. (2) I request that the Ministry of Education, MAC, Ministry of Economic Affairs, and other relevant agencies work together to comprehensively strengthen young students’ literacy education on China and deepen their understanding of cross-strait exchanges. I also request these agencies to widely publicize mechanisms for employment and entrepreneurship for Taiwan’s youth and provide ample information and assistance so that young students have more confidence in the nation’s future and more actively invest in building up and developing Taiwan. My fellow citizens, this year marks the 80th anniversary of the end of the Second World War. History tells us that any authoritarian act of aggression or annexation will ultimately end in failure. The only way we can safeguard freedom and prevail against authoritarian aggression is through solidarity. As we face increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and to ensure that the freedom, democracy, and way of life of Taiwan’s 23 million people continues on as normal. But relying solely on the power of the government is not enough. What we need even more is for all citizens to stay vigilant and take action. Every citizen stands on the frontline of the defense of democracy and freedom. Here is what we can do together: First, we can increase our media literacy, and refrain from spreading and passing on united front messaging from the Chinese state. Second, we can organize and participate in civic education activities to increase our knowledge about united front operations and build up whole-of-society defense resilience. Third, we can promptly expose concerted united front efforts so that all malicious attempts are difficult to carry out. Fourth, we must refuse to participate in any activities that sacrifice national interests. The vigilance and action of every citizen forms the strongest line of defense against united front infiltration. Only through solidarity can we resist being divided. As long as every citizen plays their part toward our nation’s goals for prosperity and security, and as long as we work together, nothing can defeat us.

    MIL OSI Asia Pacific News –

    March 18, 2025
  • MIL-Evening Report: The next round in the US trade war has the potential to be more damaging for Australia

    Source: The Conversation (Au and NZ) – By Felicity Deane, Professor of Trade Law, Taxation and Climate Change, Queensland University of Technology

    Slladkaya/Shutterstock

    On April 2 the United States is set to implement a new wave of tariffs under its Fair and Reciprocal Trade Plan. Details of the plan that will impact all US trading partners are not yet known, but the US administration has suggested these tariffs will target any rules it considers “unfair”.

    This means the April 2 tariffs may take aim at a range of Australian domestic policies, such as biosecurity rules that govern food imports, and the government’s Pharmaceutical Benefits Scheme (PBS).

    The size of the hit is uncertain. One report indicates a relatively modest tariff between 2% and 8% is being considered, below the 25% rate imposed on steel and aluminium on March 12. But it will apply to a much larger set of exports.




    Read more:
    With Australian steel and aluminium set to incur US tariffs, global uncertainty will be our next challenge


    Australia and the US have been allies for over a century. The two nations celebrated a “century of mateship” in 2018. More formally, the two countries have a current free trade agreement, Australia-United States Free Trade Agreement (AUSFTA).

    The agreement was negotiated in good faith, and entered into force on January 1, 2005. It called for the elimination of tariffs between the two nations over time, and until now both parties have upheld their respective bargains. The so-called “reciprocal” tariff plan would breach that agreement.

    What sectors are likely to be targeted?

    The Trump reference to non-tariff barriers raises two main concerns for Australian products: meat and pharmaceuticals.

    These exports to the US are worth about A$3.3 billion and $1.6 billion a year respectively. That’s about five times the total value of our steel and aluminium exports to the US.

    In Australia, domestic beef products are subject to strict traceability rules. Similarly, imported beef has rigid biosecurity requirements as it is classified as a high-risk food.

    This is because of the potential risk of mad cow disease (Bovine Spongiform Encephalopathy). This disease was detected in the US in 2002 and triggered an Australian ban on US beef products.

    The ban was partially lifted in 2018, but some restrictions remain, which the US says are a barrier to trade. This was also raised by the Biden administration in a 2024 report on trade barriers.

    The US cannot force Australia to change its laws on the basis of tariffs – but they can make products coming from Australian suppliers more expensive and therefore restrict market access to the US, which many Australian producers rely on.

    A tariff on Australian-sourced beef products would also push up prices for American consumers. Trade Minister Don Farrell has warned the price of a McDonald’s burger may increase.

    If tariffs are placed on Australian beef, the government has warned that McDonalds burgers in the US will become more expensive.
    Shutterstock

    Medicines are also in the line of fire

    Turning to pharmaceuticals, the Australian PBS has been a sticking point between US and Australian trade negotiators for the past 20 years.  

    The PBS, which has been in place since 1948, ensures Australians have affordable access to essential medicines. It formed part of discussions during the free-trade negotiations and has been raised as a potential barrier to trade.

    The US argues innovation and unfettered market access for American drug companies should be prioritised over Australia’s reference pricing arrangements. Reference pricing means medicines with similar outcomes should have similar pricing.

    The reason the US has a problem with this scheme is because some of their companies are not able to charge higher prices for medicines.

    Although these are the categories of most concern, there is no assurance the “Fair and Reciprocal Plan” will be limited to beef and pharmaceuticals.

    For instance, there are no barriers imposed on the import of wine into Australia. But there has been some concern tariffs could be introduced regardless.

    Wine is often the target of trade wars and President Donald Trump has threatened the European Union with a 200% tariff on all wine and spirits entering the US. As Australian wine makers have only recently recovered from Chinese and Canadian tariffs, any US tariffs would deal a harsh blow to the industry.

    An old clip of the former Republican President Ronald Reagan went viral this week, highlighting his quite different view:

    Is there any avenue for appeal?

    There is one thing that is clear about these tariffs. Their imposition will be in violation of both the WTO rules and the free-trade agreement.

    Both have provisions to settle disputes and Australia does have options for filing complaints. However, the rule of law and existing norms of the international order do not appear to be persuasive to the Trump administration.

    Despite this, it is important to note the US cannot force Australia to change its longstanding laws that protect consumers and ensure accessibility to medicines. This remains the choice of the Australian government.

    If the tariffs are introduced in the range of 2% to 8%, there may not be a significant direct economic impact. But they will have other consequences. Trade negotiations, and international agreements, are largely based on goodwill. These acts of the US will erode much of what has been built up over the past century.

    The downturn we are seeing in financial markets has so far been dismissed by the Trump administration as necessary. But if the correction turns into a crash, it may give President Trump pause. Given his lack of interest in negotiating, this may be the only thing that could change his mind.

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

    – ref. The next round in the US trade war has the potential to be more damaging for Australia – https://theconversation.com/the-next-round-in-the-us-trade-war-has-the-potential-to-be-more-damaging-for-australia-252377

    MIL OSI Analysis – EveningReport.nz –

    March 18, 2025
  • MIL-OSI Security: Digby — Missing person: Help the RCMP find Raydon Herman

    Source: Royal Canadian Mounted Police

    Digby RCMP Detachment is asking for the public’s assistance in locating 20-year-old Raydon Herman, who was reported missing on March 17.

    Raydon is described as 5-foot-1 and 130 lbs., with black hair in a buzz cut style and brown eyes. He was last seen wearing a brown toque, burgundy t-shirt, brown/red jacket, and ripped black jeans.

    Raydon was last seen at an organization on Shreve St. in Digby on March 17 at approximately noon. Investigators believe he may be in on foot in the Conway area or attempting to take a bus to Annapolis.

    When someone goes missing, it has deep and far-reaching impacts for the person and those who know them. We ask that people spread the word through respectfully.

    Anyone with information on the whereabouts of Raydon Herman is asked to call 911, contact Digby RCMP Detachment at 902-245-2579, or call local police. To remain anonymous, call Nova Scotia Crime Stoppers, toll free, at 1-800-222-TIPS (8477), submit a secure web tip at www.crimestoppers.ns.ca, or use the P3 Tips app.

    MIL Security OSI –

    March 18, 2025
  • MIL-Evening Report: After a century of Monday to Friday, could the 4-day week finally be coming to Australia?

    Source: The Conversation (Au and NZ) – By John L. Hopkins, Associate Professor of Management, Swinburne University of Technology

    The reality of shorter working hours could be one step closer for many Australians, pending the outcome of the federal election.

    The Greens, who could control crucial cross bench votes in a hung parliament, have announced plans for a four-day working week, with no loss of pay. They say the policy would alleviate stress and burn out, and increase women’s participation in the workforce.

    Earning the same money for fewer hours would appeal to most workers. But is it too good to be true? Could it really be rolled out cost free to all workplaces, especially to “client facing” companies and service providers?

    Or does research suggest the Greens could be onto something?

    The Greens’ plan

    The Greens’ policy would involve a new National Institute for the Four Day Work Week and a test case through the Fair Work Commission.

    A series of national trials would be set up in a number of different industries, whereby workers would work 80% of their normal hours, while maintaining 100% of their pay.

    According to Greens Senator Barbara Pocock, it’s a win-win for everyone:

    It can increase productivity, reduce absenteeism, improve recruitment and retention and give employees more time to manage their home life. This change will allow workers to create a working week that works for them.

    The 100:80:100 model

    The four-day work week being proposed in this instance is commonly regarded as the 100:80:100 model.

    It delivers 100% of the pay, for 80% of the hours, in return for maintaining 100% of productivity.

    This is unlike other forms of shorter working weeks, which compress five days’ worth of work into four longer days. This obviously disadvantages some employees.

    Recent research conducted by Swinburne University of Technology involved interviews with ten Australian firms that have already adopted the 100:80:100 model.

    They were a mixture of small and medium sized private sector businesses, including management consulting firms, a shipping and logistics company, and recruitment and marketing agencies.

    The research underlined the potential for a range of positive outcomes for both employers and employees.

    Workers reported having better work-life balance, more time to complete “life administration” tasks, and more time to invest in hobbies, exercise, wellness and self-care. Bosses cited productivity gains, reduced sick days, and significant improvements in recruitment and retention rates.

    However, the 100:80:100 model is viewed with scepticism in some quarters. There is still doubt that productivity and output would be maintained, or in some cases improved, when workers are working one day fewer per week.

    Also, there could be costs associated with the implementation of this work model for front-line roles, such as retail, schools, hospitals and nursing homes. Additional workers may need to be hired, at extra expense, to cover the hours dropped by the existing workforce.

    100 years of working 5 days a week

    The year 2026 will mark the 100th anniversary of the five-day work week.

    It was car maker Henry Ford who reduced the working week in the United States from six days to five. Other sectors and countries followed suit. This was at a time when the average life expectancy of Australian workers was just 55 and households typically only had one bread-winner.

    Despite the time saved by the many technological breakthroughs in the past 100 years – from the photocopier, desktop computer and fax machine, to the internet, mobile phones and AI – the average Australian is now working longer hours in paid and unpaid labour than ever before.

    The Greens point out Australian society is changing. More women and carers are either in the workforce or would be encouraged into the workforce by more flexible arrangements:

    yet we are constrained by archaic labour laws that see the fruits of our efforts swallowed up in profits for bosses and shareholders.

    The role of generative AI technologies in the workplace may also deliver benefits to workers. Separate Swinburne research has revealed an increasing expectation among workers that they will receive a share in the time saved by future technologies in the form of improved work-life balance and wellbeing gains.

    Time to enter the 21st century

    Earlier this year, 200 UK companies signed up to the 100:80:100 model, as part of a campaign to “reinvent Britain’s working week”. Large scale trials are also underway in Canada and several European countries.

    The global interest in a shorter working week is not surprising, and has likely been fuelled by the COVID pandemic, which has caused workers and employers to re-imagine their working lives.

    If the Greens are in a position to leverage any balance of power after the coming election, it could be Australia’s turn to recognise the conventional five-day working week is no longer fit for purpose.

    John L. Hopkins 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. After a century of Monday to Friday, could the 4-day week finally be coming to Australia? – https://theconversation.com/after-a-century-of-monday-to-friday-could-the-4-day-week-finally-be-coming-to-australia-252379

    MIL OSI Analysis – EveningReport.nz –

    March 18, 2025
  • MIL-Evening Report: Opinion-Analysis by Keith Rankin – Invoking Munich, ‘Appeasement’, and the ‘Lessons of History’

    Opinion-Analysis – by Keith Rankin.

    Keith Rankin, trained as an economic historian, is a retired lecturer in Economics and Statistics. He lives in Auckland, New Zealand.

    Former ambassador Phil Goff is the latest (so far) and (probably) the least of many ‘statesmen’ who have invoked Munich and the ‘resolute’ Winston Churchill (a backbench MP in 1938) in the cause of good-war mongering. (Refer Winston Peters sacks Phil Goff as UK High Commissioner RNZ 6 March 2025, and What Was Actually Wrong With What Phil Goff Said?, Giles Dexter, RNZ and Scoop, 7 March 2025.)

    The Munich narrative is central to the ‘Good War’ morality trope, through which democracies (especially the United States) justified wars of aggression; what used to be called ‘gunboat-diplomacy’ in the British days of empire. It’s the now-commonplace narrative that frames any putative war to be fought by a ‘liberal democracy’ against an ‘autocracy’ (ie fought by us against them) as a contest between Good and Evil; and if we don’t “stand up to” Evil – anywhere and everywhere – then Evil goes on to ‘win’, and subsequently to dominate and exact tribute as a regional or global hegemon.

    The corollary of the Munich narrative is that Good should never give up, even if Evil is winning on the battlefield; Good neither surrenders to Evil nor negotiates with Evil. Not ‘at any cost’. The logical conclusion of this is that, if that’s what it requires for Good to prevail, life on Planet Earth could be forfeit; better Dead than Red or Black. Earth’s tombstone, left for a future intergalactic explorer to discover, might read: “At Least ‘Atila the Hun’ [substitute any Eurasian ‘Devil’] Did Not Win”. Peter Hitchen (see below, p.27) notes: “one day, this dangerous fable of the glorious anti-fascist war against evil may destroy us all [through our rulers’ vanity]”.

    Phil Goff is an example of persons who know just enough fragments of popular history to think they can use a historical argument to substantiate their rhetoric. A little knowledge is a dangerous thing, meaning that superficial knowledge may be more problematic than ignorance. On the Munich question, Phil Goff is in good company. Peter Hitchens, in The Phoney Victory (p8, p20), cites the former Prince of Wales (now King) as making the same mistaken views about World War Two and the Ukraine-Russia War, as moral crusades.

    (Meanwhile, as well as trying to cut disability benefits as a result of boxing itself into a corner, Keir Starmer UK government – unlike the political leadership of Canada and the European Union – is doing everything it can to appease Donald Trump on international trade and other matters.)

    For readers’ interest, Stevan and Hugh Eldred-Grigg have written a New Zealand take on World War Two that does not follow the ‘Good War’ trope: Phoney Wars: New Zealand Society during the Second World War, Otago University Press 2017.

    Were Neville Chamberlain’s actions at the September 1938 Munich Conference wrong?

    No, neither with foresight nor hindsight. If Britain and/or France had signed a pact with Czechoslovakia similar to the one they signed with Poland in 1939, they would have been committed to declaring at most a phoney war. Neither had the capacity to wage war on Germany nor to come to Czechoslovakia’s aid. At best, British hostilities against Germany in 1938 would have been as ineffective as they were in Archangel, Russia, in 1918.

    Popular sentiment was absent in 1938 in the United Kingdom towards war with Germany. That situation had changed by March 1939 after Germany fully annexed Bohemia and Moravia, the territories that make up twenty-first century Czechia. Due in part to changed popular sentiment, the British and French responded differently when Poland was similarly threatened in 1939. The western ‘powers’ declared war on Germany following the first attack on Poland, but did almost nothing to fight Germany or to protect Poland during what became known as the ‘Phoney War’. (The phoney war ended with the German conquest of France in May 1940.)

    The 1939 declaration of war was arguably more duplicitous than the 1938 declaration of peace. Poland’s half-century-long tragedy – far worse than anyone today, except for a few professional and amateur historians, realise – began to unfold. (France briefly invaded Germany’s Saarland in 1939, southeast of Luxembourg, before withdrawing. Nowhere near Poland.) The war in 1939 in Poland, remote to the United Kingdom, was far from ‘phoney’.

    Examples of invoking or evoking ‘appeasement’ and /or ‘Munich’ and/or Churchill on behalf of ‘democracy’:

    Peter Hitchens gives these post-WW2 examples (pp.13-17):

    • President Harry S Truman, in December 1950, re the continuation of the Korean War
    • Anthony Eden, 1956, to justify the Suez War (which first brought Israel into an external war of aggression)
    • President Lyndon Johnson in July 1965, justifying the escalation of the Vietnam War
    • US Secretary of State George Shultz in February 1984, re conflict in Nicaragua
    • US Deputy Secretary of State, Lawrence Eagleburger, in August 1989, before the US invasion of Panama
    • George Bush (senior) in June 1990, re the first war against Iraq (noting that the initial response to the immanent invasion of Kuwait was not unlike Churchill’s lesser-known response in 1938, to the German reoccupation of the Rhineland [“more talks”])
    • Bill Clinton’s 1999 comparison of Slobodan Milosevic to Hitler, in the context of the probable secession of Kosovo from Milosevic’s Serbia
    • UK Prime Minister Tony Blair, in 2003, justifying the second invasion of Iraq
    • President Trump’s aids in June 2017, referring to Barack Obama’s Cuba initiative

    Winston Churchill’s worst Appeasement, and Atrocities

    The worst act of appeasement that I can think of was Winston Churchill’s kowtowing to Joseph Stain at Yalta (Crimea) in the second week of February 1945 (ref Hitchens p.6 and Wikipedia citing Leo McKinstry, “Attlee and Churchill: Allies in War, Adversaries in Peace”, Atlantic Books, 2019, Ch 22). According to McKinstry “When Churchill arrived at Yalta on 4 February 1945, the first question that Stalin put to him was: ‘Why haven’t you bombed Dresden?’.”

    Ten days later, Churchill did indeed firebomb Dresden, immolating 25,000 people – mostly civilians and refugees. Stalin (metaphorically) said “jump”, Churchill said “how high?”. And Churchill delivered.

    Dresden was far from Churchill’s only actual or intended atrocity. Operation Gomorrah, on Hamburg at the end of July 1943, was a worse 24-hour atrocity than Dresden. The malevolent intent of that ‘raid’ lies in the biblical name given to the operation. While it was largely a test-run and forerunner for later bombings – including a forerunner of the firebombing of Tokyo exactly 80 years ago – it killed more than 35,000 mostly civilians “in their homes”.

    (As a single event the firebombing of Tokyo on the night of 9 March 1945 – Operation Meetinghouse – caused easily more deaths [100,000] than Dresden, Hamburg, Hiroshima [70,000] or Nagasaki [35,000]. In the mainstream media, I saw no 80th-anniversary commemoration stories of this ‘worst-ever in the history of the world’ attack on civilians. Now is a timely time for us to be reminded about this kind of aerial megadeath.)

    The third Churchill atrocity to mention was the Bengal famine of 1943, which killed three million people. Encyclopedia Britannica says that “the 1942 halt in rice imports to India did not cause the famine, and the 1943 crop yield was actually sufficient to feed the people of Bengal. It was ultimately special wartime factors that caused this difficult situation to become a disastrous famine. Fearing Japanese invasion, British authorities stockpiled food to feed defending troops, and they exported considerable quantities to British forces in the Middle East”. Churchill’s atrocities have been justified on the basis that the casualties were to them while saving some of our lives. But the people of Bengal were, at least notionally part of us, citizens and civilians of the British Empire.

    In Wikipedia: “Madhusree Mukerjee makes a stark accusation: “The War Cabinet’s shipping assignments made in August 1943, shortly after Amery had pleaded for famine relief, show Australian wheat flour travelling to Ceylon, the Middle East, and Southern Africa – everywhere in the Indian Ocean but to India.” Indeed, Bengal was required to export rice to Ceylon to support British naval operations there. Of Churchill’s major atrocities, this was the only one to be mentioned in Netflix’s recent over-the-top account Churchill at War.

    The Netflix ‘docuseries’ does at least mention Churchill being sidelined by the Americans in late 1943 and 1944. Churchill was sidelined from the top table of war-command largely on the basis of his penchant for atrocities and his unwillingness to confront Germany head-on (an unwillingness that could have been interpreted as ‘appeasement’, and probably was understood as such by the Americans). Churchill indulged in a number of side-wars, including a successful invasion of Madagascar in 1942; an invasion that put paid forever to the 1940 German fantasy of resettling Eastern European Jews there.

    The Americans took much longer than Churchill to become convinced about the merits of holocaust-scale bombing than did the British. It would seem that the British burning of Hamburg – which was bombed because it was there, easily accessible from Britain – left quite a bad taste upon some American commanders, and indeed upon President Roosevelt himself. (We note that the atrocious American incendiary bombings of Japan in March 1945 were undertaken after Harry Truman became Vice President, and in the context that Roosevelt was seriously ill, and died soon after the February Yalta ‘Peace’ Conference.)

    Churchill’s final atrocity to mention here never actually happened, except to create an environmental disaster on a Scottish Island (Gruinard, Britain’s mysterious WW2 ‘island of death’ Myles Burke, BBC, 22 April 2024). It partly explains some of Churchill’s reticence towards the D-Day invasion of Occupied France. Churchill had another plan, which he seems to have kept secret from his Allies: biological warfare, Anthrax.

    “The plan was to infect linseed cakes with Anthrax spores and drop them by plane into cattle pastures around Germany. … The proposed plan would have decimated Germany’s meat supply, and triggered a nationwide anthrax contamination, resulting in an enormous [civilian] death toll. … The secret trials carried on until 1943, when the military deemed them a success, and scientists packed up and returned to Porton Down. As a result, five million linseed cakes laced with Anthrax were produced but the plan was ultimately abandoned as the Allies’ Normandy invasion progressed, leading the cakes to be destroyed after the war.” The test programme on Gruinard was cynically called ‘Operation Vegetarian’. “Gruinard was not the only site where the UK conducted secret biological warfare tests, but it was the first. The consequences of what happened there stand as a grim testament to both the dangers of biological warfare and humanity’s capacity for destruction.”

    Have Bill Clinton and subsequent US presidents drawn inspiration from Brezinski’s 1997 essay as a clarion call for world domination?

    Zbigniew Brezinski’s call for US world hegemony seems not much different to what Richard Evans claims was Hitler’s aim: “Hitler’s obvious drive for European and eventually world conquest.” (Zbigniew Brzezinski, “A Geostrategy for Eurasia,” Foreign Affairs, 76:5, September/October 1997; review of Peter Hitchens’s Eurosceptic take on the Second World War, by Richard J Evans, New Statesman, 26 Sep 2018.)

    Evans’ claim about Hitler is obvious hyperbole; Germany never could have had the capacity to “conquer” the world. (Think of the socio-geographic limits to the Roman Empire.) But the Nazi imperial vision for Germany was to create a mega-state in Central Eurasia that would have hegemony over the rest of the world. Is there any country in the twentieth or twenty-first century which has sought such ‘unipolarity’; sought to be the world’s one-and-only superpower, which expects other countries to say “how high?” whenever it says “jump”?

    Perhaps there is? Did Brezinski – Henry Kissinger’s 1970s’ foreign policy rival – spell it out in 1997?

    Finally

    ‘Appeasement’ is like ‘Antisemitism’; the powers-that-be only have to say either word to silence commonsense debate about peace and war and genocide. As Hitchens points out (p.27): “We have mythologised the experience so completely that [politicians] only have to say the word ‘appeasement’ to silence opponents and bring legislators and journalists to their side, on any wild adventure.” Phil Goff is a hapless victim of what Joseph Mali and Shlomo Sand have called “mythistory”.

    Wars since the 1930s are no more ‘moral’ than were wars before that time. (Indeed, if we wish to personalise it, WW2 at its core was a war between Hitler and Stalin; neither men are commonly described as ‘moral’.) In fact, recent wars are less moral. WW2 became the first major war in which civilians were actively targeted as a predominant military gambit. This approach to war is now becoming entrenched, with drones replacing soldiers, and civilians evermore in the firing line.

    We should not be coerced into supporting wars on the basis of narratives by powerful know-not-much persons or cliques dropping words like ‘appeasement’, ‘Munich’, ‘Churchill’ or ‘Hitler’. Wars are very costly, but the costs are not usually paid – at least in the short term – by those elites who promote them from far away.

    *******

    Keith Rankin (keith at rankin dot nz), trained as an economic historian, is a retired lecturer in Economics and Statistics. He lives in Auckland, New Zealand.

    MIL OSI Analysis – EveningReport.nz –

    March 18, 2025
  • MIL-Evening Report: Keith Rankin Analysis – Geopolitical fractures, and untidy yet workable solutions

    Analysis by Keith Rankin.

    Keith Rankin, trained as an economic historian, is a retired lecturer in Economics and Statistics. He lives in Auckland, New Zealand.

    As most of us appreciate, there is a whole geopolitical world that overlays the formal political world of about 200 ‘nation states’ (aka ‘polities’). Geopolitical fractures – a result of the ‘big games’ over and above the ‘rules-based order’ – occur in all sorts of places, sometimes through provinces, even counties. Their significances wax and wane, as geopolitics itself is a dynamic game of changing exceptions and allegiances, and the expansions or contractions of ‘real estate assets’.

    How about this one, given the apparent detaching of the United States of America from the liberal democratic western alliance? (Is the western alliance – which includes Canada – in the process of becoming a set of American proxies, like certain Latin American countries, rather than a partnership? Or is it a process of divorce?) Point Roberts is a United States enclave within the Greater Vancouver urban area. Should Canada – or British Columbia – file for Point Roberts? It would be the tidy thing to do, as part of the divorce settlement.

    Geopolitics operates on at least two levels. There are the big fractures, where potential world wars – hot and cold – are simmering. Then there are the smaller fractures, such as those between the European Union and its neighbours: Northern Ireland, Gibraltar, Cyprus. And those within the world’s mini-empires: Denmark vis-à-vis Greenland; Australia vis-à-vis Norfolk Island; New Zealand vis-à-vis Cook Islands; France vis-à-vis New Caledonia.

    At an intermediate level are boundary disputes between Japan and Russia (Kuril Islands), India and Pakistan (Kashmir), India and China (Himalayas), and Rwanda and the DRC (Democratic Republic of Congo). Then there are new hot-fractures being created through civil wars; such as that between the Arabic and African worlds within Sudan, Islamic and Buddhist populations within Myanmar, and different ethno-cultural minorities within (and on the edges of) Syria and in the west of China.

    There’s also a growing north-south sectarian divide in Nigeria (reflecting complex geopolitical game-playing in the Sahel, to Nigeria’s north and northwest), Africa’s most populous country. And there are geopolitical pushes and pulls in the non-EU Balkans. Albania, Kosovo and Bosnia-Herzegovina (European countries with majority Islamic populations) have become effective proxies of the United States; the territory of Bosnia-Herzegovina is fractured almost fifty-fifty, the other part being the autonomous though unrecognised Russian-aligned Republika Srpska. (China is currently building a north-south railway through the Balkans from Piraeus in Greece to Budapest in Hungary, while the European Union is sponsoring a new railway from Albania in the Adriatic Sea to Bulgaria’s Black Sea coast.)

    Finally, there’s a big geopolitical tension within the core Islamic world, which has led to the long-running civil war in Yemen; the two sides being proxies for Iran and for Saudi Arabia; for Tehran and for Riyadh.

    The players – the ‘Great Powers’

    At present, it would seem, the United States of America, which sees itself as the world’s preeminent geopolitical player, is impatient for conflicts in Ukraine and Palestine to end, so that it can get on with its ‘game of choice’, namely the ‘new cold war’ conflict with China.

    We should note that, in Geopolitics, the players are typically identified by the countries’ capital cities. Thus, the United States becomes Washington, the United Kingdom becomes London, and the European Union becomes Berlin or Brussels. Sometimes the players are or have been referred to by power-centres within cities, such as the Kremlin (Moscow), or the Quai d’Orsay (Paris). (The New Zealand equivalent might be ‘Bowen Street’!)

    Beijing and Taiwan; and Washington

    I saw this Daily Telegraph story in the New Zealand Herald last weekend: Chinese navy practices amphibious landings with new barges in South China Sea. To this end Taiwan is the American proxy through which the conflict may be waged; just as Ukraine and Israel are American proxies; proxies in the most visible of the world’s current geopolitical hot wars.

    From the story: ‘Emma Salisbury, a sea power research fellow at the Council on Geostrategy’ says “The fact Beijing has permitted details of these barges to become public signals the threat China poses in the region.” No, it doesn’t. It indicates that China is – had has been for decades – playing the geopolitical game of ‘optics’. Beijing is saying to Washington “don’t mess with us”, rather than “we are going to mess with you”.

    Kinmen and Lienchiang Counties, Fujian. But what country?

    Is this the world’s least understood geopolitical faultline?

    The central piece of geography in the New Cold War is understood to be the Taiwan Strait; indeed we routinely see pictures of that Strait on our news bulletins. Usually, they look like these BBC versions:

    • How China is fighting in the grey zone against Taiwan, 5 Oct 2023
    • China and Taiwan: A really simple guide, 8 Jan 2024
    • Taiwan country profile, 15 Jan 2024

    The clear tale being told here in these maps is that there is a simple border in the Taiwan Strait between Taiwan and China, and that there are two countries, Taiwan and China. The constitutional reality is that there are two regimes claiming constitutional sovereignty over a single estate. We may call these regimes China-Taipei and China-Beijing. (In the Olympic Games and other sports, Taiwan competes as Chinese-Taipei.) The official name of the two regimes are Republic of China (RoC), and Peoples Republic of China (PRC). (I once watched a story on TV3 News involving some Beijing-Chinese people in New Zealand. TV3 mistakenly showed pictures of a China Airlinesaircraft, when it should have been Air China.)

    The BBC’s two-country optics are neat and tidy (compared to the one-territory two-regime reality), but is negated by the presence of two Taiwanese counties in the territory of Fujian province, PRC; Kinmen and Lienchiang (although Kinmen is sometimes called Jinmen or Quemoy, and in China Lienchiang is spelt ‘Lianjiang’). At its closest point, Kinmen (Taiwan) is 4km from the large Chinese city of Xiamen (and 190 km from the Taiwanese mainland); indeed Kinmen is located in Xiamen harbour, just as Rangitoto Island is in Auckland’s Waitemata Harbour. (Xiamen has the same population size as New Zealand, just over five million people.) Lienchieng is the Taiwanese portion of Lianjiang county, a subdivision of Fujian. (We note that Taiwan still uses the ‘postal’ style of anglicisation of Chinese names that was generally used before the 1970s; eg Peking instead of the Pinyin form, Beijing.)

    From the inception of the United nations in 1945, until 1971, China-Taipei (aka Taiwan) held a permanent seat on the Security Council, with the right of veto). This only changed in 1971 after US President Nixon, committing to reality over narrative, moved towards rapprochement towards China (although the United States was not ready for the UN recognition switch in 1971); while at the same time fudging the issue of the status of Taiwan. That fudge remains the official status quo in the international ‘rules-based-order’.

    We should also note that Taiwan (RoC) withdrew from the Montreal 1976 Olympic Games, due to its erosion of status as a recognised nation-state, with particular note that Prime Minister Trudeau of Canada, had led the realpolitik move, recognising China in 1970.

    This map correctly shows all of Taiwan, noting the black dashed lines. And this shows Taiwanese Fujian. This huge geopolitical boundary between West and East passes through the Chinese province of Fujian.

    Geopolitical Implications

    Presumably the people in these counties, for the most part, prefer the status quo and hope that it can be maintained indefinitely, and without military hostilities.

    If there was a push for Taipei to repudiate its constitutional claim to all of China – for example as a means to de jureindependence as its own sovereign state – it is difficult to see how this could happen without Taipei ceding Kinmen and Lienchiang counties to Beijing. That would indeed be the minimum price Taipei would have to pay for Beijing to abandon its claim over all of Taiwan.

    In effect, these two counties are hostages to both regimes. If the United States or any other United States’ aligned nation-state invaded China, then it would be realistic to expect that Kinmen and Lienchiang would be snaffled-up by Beijing; maybe one county immediately and, for leverage, the other staying on as a hostage.

    On the other hand, if the United States was to escalate its optical war against Beijing into a fully-fledged ‘cold war’, it might install threatening military equipment into Kinmen or Lienchiang, much as the Soviet Union did in Cuba in 1962. Thus these counties represent leverage of Taipei (acting as a proxy for the United States) over China.

    It would be hard to see China not-responding to such provocation. Further, in such a hostile context, China would be tempted to activate its claim over the whole of Taiwan, and not just the two counties in Fujian.

    So, the untidy one-country two-regime status quo should be simply left as it is. Speculative political rhetoric against Beijing or Taipei should be treated by the international community as tantamount to diplomatic ‘hate-speech’. And simplistic media stories which represent Taiwan only as an island 100 kilometres away from China, should be corrected. Responsible media – unlike the BBC or the Daily Telegraph – do not distort the known truth.

    We don’t want to end up in a major geopolitical conflict as a result of politicians and political journalists not even knowing or understanding the location of the China/Taiwan border. The border anomalies result from the pragmatic settlement of a military conflict between the two Chinese regimes; a conflict that took place in the decade after 1949.

    Lessons for the Ukraine-Russia conflict

    The present military boundary between Ukraine and Russia passes inside three recognised provincial boundaries of Ukraine: Donetsk, Zaporizhzhia, and Kherson. (The provinces of Luhansk and Crimea should be off the negotiating table; the world has to accept that they are now, for better or worse, de facto or de jure, territories of Russia; albeit unrecognised in the same way that South Ossetia and Abkhazia are Russian territories unrecognised by the United Nations. (And Northern Cyprus for that matter, as an unrecognised Turkish territory inside the European Union nation of Cyprus; a territory which untidily passes through the Cyprus’s capital, Nicosia.)

    Successful negotiations to end wars have to take account of military realities. China’s 1950s’ concessions to Taiwan over Kinmen and Lienchiang show that such splits need not impede a long-lasting and workable peace. What does impede a transition to peace is the insistence on substantial one-sided deviations from the military reality at the time of a ‘cease-fire’; certainly, the side that is at a military disadvantage should not be demanding one-sided concessions from the other side.

    Lessons for Palestine-Israel conflict

    In 1967 and 1973, there were major wars between, in essence, Israel and Egypt. The lands most under contention were those that we call ‘Occupied Palestine’ (and ‘Occupied East Jerusalem’) today; though other lands were captured (especially the Sinai Peninsula from Egypt and the Golan Heights from Syria). The 1967 War was started by Israel under the pretext that Egypt was about to invade Israel. Israel unambiguously won this war. (In 1967, Israel even attacked – deliberately – an American naval vessel: USS Liberty.)

    Israel had not thought-through the strategic consequences of its annexation (from Egypt and Jordan) of Gaza and the West Bank. Israel was working towards an acceptable way of incorporating Palestinian Israelis into the ‘Jewish State’. Now, all of a sudden, they found themselves with an enlarged country with a majority (or near-majority) Palestinian population. A legal fiction – replacing the language of ‘annexation’ with that of ‘occupation’ – enabled the non-Jewish populations of the ‘occupied territories’ to be treated as, at best, third -class citizens.

    The 1973 War – started by Egypt, principally to regain its Sinai territory – triggered changes to the global architecture of capitalism. After the advantage switched from Egypt to Israel, Israeli troops crossed the Suez Canal and were heading towards Cairo when the cease-fire was called. Subsequent negotiations, over six years, saw Israel’s military successes eroded into something like the present situation in which Palestinians living in Palestine are citizens of nowhere.

    After two military victories, through the 1978 Camp David Accords, Israel found that it had forfeited almost all its military gains; for Israel it felt like they had won the war but lost the peace. The result of the process was a substantial and unfortunate switch to the Right in Israeli politics. Since then, especially since the 1990s, Israel has been looking for ways to annex a Palestine free of Palestinians; to cleanse Palestine of Palestinians as part of an unapologetic annexation process undertaken with the full blessing of its geopolitical patron.

    Proxy Warfare

    Most wars today, including ‘civil wars’, are proxy-wars funded (on one side at least) by external patrons. While Ukraine has been a proxy of the United States for most of this century, Ukraine is now morphing into a proxy of Brussels and London; of the barely-elected Starmer (one-third of the vote in a low turn-out election) and an unelected Ursula von de Leyen (a bureaucrat who’s not even a Member of the European Parliament).

    On Al Jazeera News (6am New Zealand summer time, 18 March 2025), it was reported that Donald Trump posted this message on his favoured social-media platform: “Every shot fired by the Houthis will be looked upon, from this point forward, as being a shot fired from the weapons and leadership of IRAN, and IRAN will be held responsible, and suffer the consequences, and those consequences will be dire!” (See this quote on U.S. Air Campaign Against Houthis Continues Into Third Day, TWZ, The War Zone.)

    This is a clear statement that the United States President, at least, believes that the patrons of proxies are the real antagonists, and should be deemed responsible – indeed ‘criminally responsible’ for misdeeds of aggression – for acts performed by their proxies. It should be quite easy to apply this dictum, at least allegorically, to the big hot wars of the moment: Ukraine and Palestine.

    Conclusion

    We can avoid most wars by finding pragmatic solutions to geopolitical conflicts, accepting realities as they stand, and avoiding inflammatory rhetoric towards others. We have avoided violent conflict in and around the Fujian geopolitical faultline by not, so far, trying to find and impose final tidy solutions.

    Likewise, to find peace in the world’s current military hotspots, we have to accept and negotiate around the current realities of those situations. Most importantly, we follow the ‘first law of holes’: ‘if you are in a hole, stop digging’. Inflaming sensitive situations through speculative assertions about the other side’s escalating malevolence are unhelpful.

    In today’s wars the western ‘liberal democratic’ side is not even close to being the ‘good guys’ in wars framed as good-versus-evil. The conflicts in Ukraine and Palestine demonstrate that these wars – like most past wars – represent the ‘hot’ phases of geopolitical game playing; wars are ‘bad guys’ versus ‘bad guys’, and such wars end through transactional deals. (The antagonists may be different shades of bad; and there are always good victims, though many of these are not ‘perfect victims’.) The ‘bad guys’ include the patrons of the proxies. Further, contemporary warfare targets civilians rather than soldiers.

    *******

    Keith Rankin (keith at rankin dot nz), trained as an economic historian, is a retired lecturer in Economics and Statistics. He lives in Auckland, New Zealand.

    MIL OSI Analysis – EveningReport.nz –

    March 18, 2025
  • MIL-OSI Canada: Prime Minister Carney meets with Prime Minister of the United Kingdom Sir Keir Starmer

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, met with the Prime Minister of the United Kingdom (UK), Sir Keir Starmer, as part of his visit to strengthen ties with steadfast and reliable partners for our economy and security.

    Prime Minister Carney and Prime Minister Starmer emphasized the importance of building a stronger Canada-UK relationship. The leaders highlighted transatlantic security and the trade and investment relationship between Canada and the UK. To that end, they discussed opportunities to expand the Canada-UK trade corridor and responsibly leverage technologies such as artificial intelligence and quantum to benefit workers and economies in both countries.

    The prime ministers reiterated their steadfast support for Ukraine as it continues to defend itself against Russia’s unjustifiable war of aggression. Prime Minister Carney expressed Canada’s support for an immediate ceasefire in Ukraine, highlighted support for Ukraine as a key part of Canada’s G7 Presidency, and commended the UK’s leadership efforts toward a lasting and sustainable peace.

    Anchored in long-standing alliances, shared histories, and enduring ties, the leaders agreed that the partnership between Canada and the UK will only get stronger.

    Associated Links

    MIL OSI Canada News –

    March 18, 2025
  • MIL-OSI USA: In Seattle, Cantwell Draws Contrast Between PNW’s Innovation Strategy and Trump’s Trade War

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    03.17.25
    In Seattle, Cantwell Draws Contrast Between PNW’s Innovation Strategy and Trump’s Trade War
    Cantwell joins Washington Council on International Trade for Q&A with former USTR head on how the current admin’s tariffs harm the Pacific Northwest In WA state, 2 out of every 5 jobs are tied to trade-related industries; Trump’s actions are “a threat to our ethos,” Cantwell says
    WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Senate Finance Committee, joined the Washington Council of International Trade (WCIT) for a Q&A session on the whiplash caused by the administration’s chaotic tariff policies – and how they particularly harm the Pacific Northwest, which is among the most trade-dependent regions in the country.
    The Q&A was moderated by WCIT President Lori Otto Punke and joined by former U.S. Trade Representative and current National Foreign Trade Council President Demetrios Marantis. Sen. Cantwell said that the current administration’s approach to trade – with a focus on punitive tariffs, even with America’s largest trading partners and closest allies, as opposed to innovation and alliance-building– is fundamentally at odds with how the Pacific Northwest has historically built its trade economy.
    “The consequences to us in the Pacific Northwest is really a threat to our ethos. We are one of the most trade-dependent states in the country, and we just see the world differently. We believe that innovation matters more than the tariffs in a fight [on] who’s going to win in aerospace or agriculture or software or any of these issues. It is like we are in this horse race, but the President wants to put 25 pounds on our horse and make it harder.
    “And what do we want to do in the Northwest? We like opening markets. We like building alliances. We like innovating our way to success.
    “So make no mistake about it — one of the states that could see the biggest economic impacts from this is ours. And we have to be very loud about how foregoing an alliance approach of building more opportunities is really what we should be doing, if we want to win in an economy that changes in the blink of an eye,” Sen. Cantwell said.
    WCIT is the Northwest’s premier organization advocating for trade and investment policies that increase the competitiveness of Northwest workers, farmers, and businesses. In addition to Sen. Cantwell, speakers at the Summit included U.S. Representatives Suzan DelBene (D,WA-01), Rick Larsen (D, WA-02), Dan Newhouse (R, WA-04), Kim Schrier (D, WA-08), Adam Smith (D, WA-09), and Emily Randall (D, WA-06).
    In Washington state, two out of every five jobs are tied to trade and trade-related industries. More information on how President Trump’s tariffs on goods from Mexico, Canada, and China will affect consumers and businesses in the State of Washington can be found HERE. Nationwide:
    A 25% tariff on Canada and Mexico would add an estimated $144 billion a year to the cost of manufacturing in the United States.
    Tariffs on Canada and Mexico could increase U.S. car prices by as much as $12,000.
    According to the Yale Budget Lab, Trump’s proposed tariffs would result in the highest U.S. effective tariff rate in more than 80 years, and depending on the level of retaliation by other trading partners, will result in increased costs of between $1,600 and $2,000 per household. According to their analysis, food, clothing, cars, and electronics will all see above-average price increases.
    Sen. Cantwell has remained a steadfast supporter of increased trade to grow the economy and keep prices in check in the State of Washington and nationwide. Sen. Cantwell was the leading voice in negotiations to end India’s 20% retaliatory tariff on American apples, which was imposed in response to tariffs on steel and aluminum and devastated Washington state’s apple exports. India had once been the second-largest export market for American apples, but after President Trump imposed tariffs on steel and aluminum in his first term, India imposed retaliatory tariffs in response and U.S. apple exports plummeted. The impact on Washington apple growers was severe: Apple exports from the state dropped from $120 million in 2017 to less than $1 million by 2023.  In September 2023, following several years of Sen. Cantwell’s advocacy, India ended its retaliatory tariffs on apples and pulse crops which was welcome news to the state’s more than 1,400 apple growers and the 68,000-plus workers they support.
    For the past six weeks, President Trump has been sowing economic chaos across the country with unpredictable and ever-changing tariff announcements. His back-and-forth announcements and actions, which have whipsawed American businesses and consumers, as well as close neighbors and allies, include:
    On January 31 — citing punishment for failing to crack down on fentanyl trafficking — the Trump administration announced plans to impose a 25% tax on many goods imported into the U.S. from Canada and Mexico and a 10% tax on goods imported from China, then abruptly postponed those tariffs.
    Last month, he doubled down, announcing an additional 25% tax on all steel and aluminum imports.
    At 12:01 a.m. ET on March 4, President Trump’s long-promised 25% tariffs on goods from Mexico and Canada and 10% tariff increase on goods from China took effect, causing stock prices in the United States to plummet.
    Then, on March 5, he announced that automobiles from Canada and Mexico would be exempt from his tariffs for one month.
    The morning of March 6, he announced that he would suspend the tariffs for some products from Mexico. Then, later that same afternoon, he announced he was suspending most new tariffs on products from both Mexico and Canada until April 2.
    On March 11, Trump threatened to double tariffs on Canadian steel and aluminum – increasing them to 50% – before reversing himself later the same day.
    On March 13, he threatened 200% tariffs on alcoholic products from the European Union, including all wine and Champagne.
    Video of Sen. Cantwell’s Q&A today is HERE; audio is HERE; photos are HERE; and a transcript is HERE.

    MIL OSI USA News –

    March 18, 2025
  • MIL-Evening Report: New Zealand and Gaza: Confronting and not confronting the unspeakable

    ANALYSIS: By Robert Patman

    New Zealand’s National-led coalition government’s policy on Gaza seems caught between a desire for a two-state diplomatic solution to the Israeli-Palestinian conflict and closer alignment with the US, which supports a Netanyahu government strongly opposed to a Palestinian state

    In the last 17 months, Gaza has been the scene of what Thomas Merton once called the unspeakable — human wrongdoing on a scale and a depth that seems to go beyond the capacity of words to adequately describe.

    The latest Gaza conflict began with a horrific Hamas terrorist attack on Israel on 7 October 2023 that prompted a relentless Israel ground and air offensive in Gaza with full financial, logistical and diplomatic backing from the Biden administration.

    During this period, around 50,000 people – 48,903 Palestinians and 1706 Israelis – have been reported killed in the Gaza conflict, according to the official figures of the Gaza Health Ministry, as well as 166 journalists and media workers, 120 academics,and more than 224 humanitarian aid workers.

    Moreover, a fragile ceasefire between Israel and Hamas, signed in mid-January, seems to be hanging by a thread.

    Israel has resumed its blockade of humanitarian aid to Gaza and cut off electricity after Hamas rejected an Israeli proposal to extend phase 1 of the ceasefire deal (to release more Israeli hostages) without any commitment to implement phase 2 (that envisaged ending the conflict in Gaza and Israel withdrawing its troops from the territory).

    Hamas insists on negotiating phase 2 as signed by both parties in the January ceasefire agreement

    Over the weekend, Israel reportedly launched air-strikes in Gaza and the Trump administration unleashed a wave of attacks on Houthi rebel positions in Yemen after the Houthis warned Israel not to restart the war in Gaza.

    New Zealand and the Gaza conflict
    Although distant in geographic terms, the Gaza crisis represents a major moral and legal challenge to New Zealand’s self-image and its worldview based on the strengthening of an international rules-based order.

    New Zealand’s founding document, the 1840 Treaty of Waitangi, emphasised partnership and cooperation between indigenous Māori and European settlers in nation-building.

    While the aspirations of the Treaty have yet to be fully realised, the credibility of its vision of reconciliation at home depends on New Zealand’s willingness to uphold respect for human rights and the rule of law in the international arena, particularly in states like Israel where tensions persist between the settler population and Palestinians in occupied territories like the West Bank.

    New Zealand’s declaratory stance towards Gaza
    In 2023 and 2024, New Zealand consistently backed calls in the UN General Assembly for humanitarian truces or ceasefires in Gaza. It also joined Australia and Canada in February and July last year to demand an end to hostilities.

    The New Zealand Foreign Minister, Winston Peters, told the General Assembly in April 2024 that the Security Council had failed in its responsibility “to maintain international peace and security”.

    He was right. The Biden administration used its UN Security Council veto four times to perpetuate this brutal onslaught in Gaza for nearly 15 months.

    In addition, Peters has repeatedly said there can be no military resolution of a political problem in Gaza that can only be resolved through affirming the Palestinian right to self-determination within the framework of a two-state solution to the Israeli-Palestinian dispute.

    The limitations of New Zealand’s Gaza approach
    Despite considerable disagreement with Netanyahu’s policy of “mighty vengeance” in Gaza, the National-led coalition government had few qualms about sending a small Defence Force deployment to the Red Sea in January 2024 as part of a US-led coalition effort to counter Houthi rebel attacks on commercial shipping there.

    While such attacks are clearly illegal, they are basically part of the fallout from a prolonged international failure to stop the US-enabled carnage in Gaza.

    In particular, the NZDF’s Red Sea deployment did not sit comfortably with New Zealand’s acceptance in September 2024 of the ICJ’s ruling that Israel’s continued presence in the occupied Palestinian territory (East Jerusalem, the West Bank and Gaza) was “unlawful”.

    At the same time, the National-led coalition government’s silence on US President Donald Trump’s controversial proposal to “own” Gaza, displace two million Palestinian residents and make the territory the “Riviera” of the Middle East was deafening.

    Furthermore, while Wellington announced travel bans on violent Israeli settlers in the West Bank in February 2024, it has had little to say publicly about the Netanyahu government’s plans to annex the West Bank in 2025. Such a development would gravely undermine the two-state solution, violate international law, and further fuel regional tensions.

    New Zealand’s low-key policy
    On balance, the National-led coalition government’s policy towards Gaza appears to be ambivalent and lacking moral and legal clarity in a context in which war crimes have been regularly committed since October 7.

    Peters was absolutely correct to condemn the UNSC for failing to deliver the ceasefire that New Zealand and the overwhelming majority of states in the UN General Assembly had wanted from the first month of this crisis.

    But the New Zealand government has had no words of criticism for the US, which used its power of veto in the UNSC for more than a year to thwart the prospect of a ceasefire and provided blanket support for an Israeli military campaign that killed huge numbers of Palestinian civilians in Gaza.

    By cooperating with the Biden administration against Houthi rebels and adopting a quietly-quietly approach to Trump’s provocative comments on Gaza and his apparent willingness to do whatever it takes to help Israel “to get the job done’, New Zealand has revealed a selective approach to upholding international law and human rights in the desperate conditions facing Gaza

    Professor Robert G. Patman is an Inaugural Sesquicentennial Distinguished Chair and his research interests concern international relations, global security, US foreign policy, great powers, and the Horn of Africa. This article was first published by The Spinoff and is republished here with the author’s permission.

    MIL OSI Analysis – EveningReport.nz –

    March 18, 2025
  • MIL-OSI Canada: Statement from Minister Anandasangaree to Marcedes Myran’s Family and Community

    Source: Government of Canada News

    Taking Care: This product may contain information that could be upsetting or triggering for some. The Hope for Wellness Help Line provides immediate, toll-free telephone and online-chat based emotional support and crisis intervention to all Indigenous People in Canada. This service is available 24/7 in English and French, and upon request in Cree, Ojibway, and Inuktitut. Trained counsellors are available by phone at 1-855-242-3310 or by online chat at hopeforwellness.ca.

    Ottawa, Ontario (March 17, 2025) — Minister of Justice and Attorney General of Canada and Minister of Crown-Indigenous Relations and Northern Affairs, Gary Anandasangaree, issued the following statement today:

    “Today, Manitoba has confirmed that the identity of the second individual whose human remains were found in the Prairie Green Landfill are those of Marcedes Myran of Long Plain First Nation. This heartbreaking and horrific news comes just over a week after human remains found at the landfill were confirmed as those of Morgan Harris.

    This loss of precious life is profoundly tragic. It is my sincere hope that Marcedes Myran’s family and community will find some of the closure they so deserve as they bring her home and honour her.

    We stand in solidarity with the families, friends, and communities affected by this tragedy. We are continuing to support those impacted by providing mental health and cultural support services.

    We will do what is both right and necessary to honour missing and murdered Indigenous women, girls, Two-Spirit, and gender-diverse people and combat this national crisis. It’s the right thing to do.”

    MIL OSI Canada News –

    March 18, 2025
  • MIL-OSI Canada: New mobile MRI arrives at Surrey Memorial Hospital

    Source: Government of Canada regional news

    From Fraser Health: https://www.fraserhealth.ca/news/2025/Mar/New-mobile-MRI-arrives-at-Surrey-Memorial-Hospital-as-enhancements-to-medical-image-take-shape

    A new $3.3-million mobile magnetic resonance imaging (MRI) unit has arrived at Surrey Memorial Hospital, ensuring patients have uninterrupted access to vital diagnostic services while work continues on two new advanced MRI scanners for the imaging department.

    “This new MRI unit is a significant step forward in ensuring that our community continues to receive timely, high-quality care,” says Amna Shah, MLA for Surrey City Centre. “As construction progresses on two new advanced MRI scanners, this mobile unit will help make sure there are no disruptions in essential diagnostic services for patients. With over 10,000 MRI scans conducted annually at Surrey Memorial, this mobile MRI unit is an invaluable addition, helping reduce wait times and improving access to life-saving imaging for residents of Surrey and neighboring communities.”

    The new MRI is inside a 15-metre trailer located behind the Critical Care Tower at the north end of the hospital campus. A new space will connect the mobile MRI unit to Surrey Memorial Hospital, providing protection from the elements while staff transfer patients between the hospital and the trailer. The mobile MRI unit is expected to begin seeing patients in late July, once construction and necessary testing and permitting is complete.

    The GE Signa Voyager 1.5T MRI System accommodates children and adults, is quieter than older machines, produces sharper images and reduces scan times.

    “Access to timely diagnostics and treatment is a key pillar of our health care system,” says Josie Osborne, Minister of Health. “This new mobile MRI Unit will ensure that people in Surrey have uninterrupted access to life-saving diagnostic services while work on two new state of the art MRI Scanners occurs.” 

    Advanced MRI can help detect abnormalities of the brain and spine, as well as tumours, cysts and soft-tissue injuries in other parts of the body. MRI is used to detect cancers in the breast, brain, abdomen, prostate, and lymph nodes, as well as cardiac and neurological diseases.

    “Ensuring continuity of care during hospital construction requires careful planning and creative solutions like the new mobile MRI unit,” says Dr. Lynn Stevenson, interim president and CEO, Fraser Health. “Currently, more than 10,000 MRI scans are done annually at Surrey Memorial Hospital, so the mobile unit is necessary to ensure residents of Surrey and neighbouring communities continue to receive the imaging they need while we upgrade for today and the future.”

    MRI uses strong magnetic fields to generate three-dimensional pictures of the organs, bones and tissue inside the human body. Early diagnosis of abnormalities can lead to earlier treatment and better outcomes. 

    The MRI project is part of the 30 prioritized actions announced in June 2023 aimed at transforming health services at Surrey Memorial Hospital. To date, 19 of those actions have been completed, with an additional 11 currently in progress.

    MIL OSI Canada News –

    March 18, 2025
  • MIL-OSI Canada: CANCELLED Media Advisory: Infrastructure Announcement in Winnipeg

    Source: Government of Canada News

    Winnipeg, Manitoba, March 13, 2025 — Members of the media are invited to an infrastructure announcement with Ben Carr, Member of Parliament for Winnipeg South Centre, and Jason Oliver, President of Riverview Community Centre.

    Date:
    Friday, March 14, 2025

    Time:
    6:00 p.m. [CDT]

    Location:
    Riverview Community Centre
    90 Ashland Avenue
    Winnipeg, MB R3L 1K6

    MIL OSI Canada News –

    March 18, 2025
  • MIL-OSI Canada: Minister Champagne chairs G7 Finance Ministers’ Meeting

    Source: Government of Canada News

    March 17, 2025 – Ottawa, Ontario – Department of Finance Canada

    Earlier today, the Honourable François-Philippe Champagne, Minister of Finance, chaired his first G7 virtual Finance Ministers’ Meeting.

    The ministers discussed various issues of common interest, including global trade, competitiveness, and economic growth.

    This meeting was a first opportunity for Minister Champagne, as Minister of Finance, to discuss important global issues with his counterparts ahead of the upcoming G7 Finance Ministers and Central Bank Governors’ Meeting that will be held in May in Banff, Alberta, and the G7 Leaders’ Summit in June in Kananaskis, Alberta, under Canada’s G7 Presidency. 

    MIL OSI Canada News –

    March 18, 2025
  • MIL-OSI Global: Why Americans care so much about egg prices – and how this issue got so political

    Source: The Conversation – UK – By Clodagh Harrington, Lecturer in American Politics, University College Cork

    The price of eggs has risen dramatically in recent years across the US. A dozen eggs cost US$1.20 (92p) in June 2019, but the price is now around US$4.90 (with a peak of US$8.17 in early March).

    Some restaurants have imposed surcharges on egg-based dishes, bringing even more attention to escalating costs. And there are also shortages on supermarket shelves.

    In the coming months, the US plans to import up to 100 million of this consumer staple. Government officials are approaching countries from Turkey to Brazil with enquiries about eggs for export.

    Agriculture secretary Brooke Rollins, who previously said that one option to the crisis was for people to get a chicken for their backyard, suggested in the Wall Street Journal that prices are unlikely to stabilise for some months. And Donald Trump recently shared an article on Truth Social calling on the public to “shut up about egg prices”.

    The main cause of the problem is an outbreak of avian flu that has resulted in over 166 million birds in the US being slaughtered. Around 98% of the nation’s chickens are produced on factory farms, which are ripe for contagion.

    According to the Centers for Disease Control, the flu has already spread to several hundred dairy cattle and to one human. The USDA recently announced a US$1 billion plan to counter the problem, with funding for improved bio-security, vaccine research and compensation to farmers.

    In January 2025, Donald Trump’s White House press secretary, Karoline Leavitt, blamed the previous administration for high egg prices. It is true that birds were slaughtered on President Joe Biden’s watch, but this was and remains standard practice at times of bird flu outbreaks and had also been the case during the Obama and first Trump administrations.

    However, this points to the way the rising price of eggs has become a political touchstone. It was referred to regularly in campaign speeches and press briefings as a sign of things going wrong and a symbol of the US economy faced. Donald Trump promised to fix the price of eggs swiftly if elected, but so far the issue shows no sign of going away.

    Prices are still trending up. Even when prices suddenly drop, as they have this week, the public know how much cheaper they used to be until recently, and do not tend to feel better.

    There are a number of reasons why egg prices have become an important to US politicians. First, almost everyone buys eggs. So the shortage and subsequent price rise is newsworthy and affects consumers in all income brackets.

    Secondly, they are a measure of broader economic vulnerabilities, so egg-related problems tend to be part of a larger story about how weak the economy is. And thirdly, egg prices are political because of Trump’s promise to bring them down.




    Read more:
    US inflation has increased since Trump took office – why prices are unlikely to come down soon


    Polls showed that the economy and inflation were key factors in voter choice on election day 2024. In February 2025, Donald Trump did an interview with NBC News in which he said he won the election on the border and groceries.

    On immigration, voters often base their opinions on what they perceive to be true. For example, tough rhetoric on building a wall may equate with a sense of feeling that the president is taking strong action, whether anything tangible actually materialises or not.

    With groceries, reality trumps perception. The price of eggs is printed on the box and the cost is paid directly by voters.

    Donald Trump on what he’s doing on egg prices and the economy.

    Then there are the egg producers. US farmers tended to overwhelmingly support Trump on election day, so it is prudent for him to feel their pain, or at least appear to. Farming areas voted for him increasingly in his three election efforts, even increasing their support for him in 2020 after trade wars and price increases which would have negatively impacted them.

    Another factor that may push up egg prices is that an estimated 70% of the factory farm workforce is immigrant labour, and as many as 40% are undocumented. Should the administration’s plans for high tariffs and mass deportations come to fruition, the industry would struggle to function.

    Further food price increases will be inevitable, with potential exacerbation via the funding freezes for some USDA programmes that Trump has enacted. As of March 2025, US$1 billion in cuts has been announced, the consequences of which are already being felt by farmers. The “pain now for gain later” message is a tricky political sell.

    Even in the current era of international turbulence, elections are largely won on more pedestrian matters. Specifically, “kitchen-table” economics is relatable to every voter, regardless of how grand, or not, their table is.

    Americans will be aware that in neighbouring Canada, egg prices have not risen dramatically and there have not been shortages. But prices in Canada have been traditionally higher than the US, this is in part at least because farming standards differ.

    The US does not have high welfare standards for agricultural workers or animals, and this shortcoming needs to be addressed in order to help reduce future risk of flu, but this is likely to also raise prices.

    Blaming the previous incumbent is not a durable stance for Donald Trump. As former president Harry Truman might remind him: “The buck stops here.” Right at his desk.

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

    – ref. Why Americans care so much about egg prices – and how this issue got so political – https://theconversation.com/why-americans-care-so-much-about-egg-prices-and-how-this-issue-got-so-political-251752

    MIL OSI – Global Reports –

    March 18, 2025
←Previous Page
1 … 239 240 241 242 243 … 410
Next Page→
NewzIntel.com

NewzIntel.com

MIL Open Source Intelligence

  • Blog
  • About
  • FAQs
  • Authors
  • Events
  • Shop
  • Patterns
  • Themes

Twenty Twenty-Five

Designed with WordPress