Category: Commerce

  • MIL-OSI USA: Wasserman Schultz Leads Over Fifty House Democrats in Legal Defense of TPS for Venezuelans

    Source: United States House of Representatives – Representative Debbie Wasserman Schultz (FL-23)

    “The Executive Branch advances an interpretation of the TPS statute that, in essence, rewrites the statute to claim a power that Congress did not delegate,” said the Members in the brief’s introduction and summary. “Further, the Executive Branch asserts an interpretation of the TPS statute that leaves no role for the judiciary.”

    Washington, DC – Today, U.S. Representative Debbie Wasserman Schultz (FL-25) led 54 Democratic Members of Congress to support and defend Venezuelans from the Trump Administration’s baseless termination of Temporary Protected Status (TPS) by filing an amicus brief with the United States Court of Appeals for the Ninth Circuit in National TPS Alliance v. Noem.

    This filing follows the Supreme Court’s decision to allow Secretary of Homeland Security Kristi Noem to proceed with rapidly revoking the lawful status of Venezuelans while the case moves forward. Before its ruling, Wasserman Schultz led 48 Democrats in a similar brief to the Supreme Court. 

    “The Executive Branch advances an interpretation of the TPS statute that, in essence, rewrites the statute to claim a power that Congress did not delegate,” said the Members in the brief’s introduction and summary. “Further, the Executive Branch asserts an interpretation of the TPS statute that leaves no role for the judiciary.”

    The brief continues, “Amici, drawing on their experience and expertise as members of Congress, explain how these offered interpretations are incorrect and further explain that the TPS statute does not allow for vacatur…noting the long history of bipartisan Congressional support for temporary protected status for Venezuelans who fled dangerous conditions in their country, conditions that persist today.”

    Wasserman Schultz was joined by House Judiciary Committee Ranking Member Rep. Jamie Raskin (MD-8), House Committee on Homeland Security Ranking Member Rep. Bennie Thompson (MS-2), House Rules Committee Ranking Member Rep. James McGovern (MA-2), House Committee on Small Business Ranking Member Rep. Nydia Velazquez (NY-7), House Committee on Agriculture Ranking Member Rep. Jared Huffman (CA-2), Congressional Hispanic Caucus Chair Rep. Adriano Espaillat (NY-13), and House Progressive Caucus Chair Rep. Greg Casar (TX-35), as well as all Democratic Members of the Florida Congressional Delegation.

    Additional signers include Reps. Judy Chu (CA-28), Jerry Nadler (NY-12), Eleanor Holmes Norton (DC-00), John Larson(CT-01), Jan Schakowsky (IL-09), Kathy Castor (FL-14), Steve Cohen (TN-09), Henry C. (“Hank”) Johnson, Jr. (GA-04), Paul Tonko (NY-20), Frederica S. Wilson (FL-24), Dina Titus (NV-01), Emanuel Cleaver II (MO-05), Lois Frankel (FL-22), Juan Vargas (CA-52), Donald S. Beyer, Jr. (VA-08), J. Luis Correa (CA-46), Pramila Jayapal (WA-07), Darren Soto (FL-09), Robin L. Kelly(IL-02), Steven Horsford (NV-04), Veronica Escobar (TX-16), Lizzie Fletcher (TX-07), Jesús G. “Chuy” García (IL-04), Sylvia R. Garcia (TX-27), Alexandria Ocasio-Cortez (NY-14), Mary Gay Scanlon (PA-05), Rashida Tlaib (MI-12), Shontel Brown (OH-11), Troy Carter (LA-02), Nikema Williams(GA-05), Sheila Cherfilus-McCormick (FL-20), Maxwell Alejandro Frost (FL-10), Jasmine Crockett (TX-30), Robert Garcia (CA-42), Glenn Ivey (MD-04), Sydney Kamlager-Dove (CA-37), Summer L. Lee (PA-12), Jared Moskowitz (FL-23), Delia C. Ramirez (IL-03), Andrea Salinas (OR-06), Gabe Amo (RI-01), Janelle Bynum (OR-05), Sarah Elfreth (MD-03), Cleo Fields (LA-06), Dave Min (CA-47), and Luz Rivas(CA-29).

    Wasserman Schultz, who co-chairs the Venezuela Democracy Caucus, also recently partnered with Reps. Darren Soto(FL-9) and María Elvira Salazar (FL-27) to sponsor bipartisan legislation to reverse Trump’s termination of TPS for Venezuelans and redesignate protections. 

    The full amicus brief can be found here.

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    MIL OSI USA News

  • India launches ‘Ayush Nivesh Saarthi’ portal to boost investment in traditional medicine

    Source: Government of India

    Source: Government of India (4)

    In a landmark initiative to position India as a global hub for traditional medicine and wellness, the Government of India unveiled the ‘Ayush Nivesh Saarthi’ portal on May 29, 2025, during the Ayush Stakeholder/Industry Interaction Meet at Vanijya Bhawan, New Delhi. The portal was jointly launched by Union Minister of Commerce & Industry Piyush Goyal and Union Minister of State (Independent Charge) for Ayush Prataprao Jadhav, in the presence of senior officials, industry leaders, and global stakeholders, including Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush, and Shri Amardeep Singh Bhatia, Secretary, DPIIT.

    The investor-centric digital platform, developed by the Ministry of Ayush in collaboration with Invest India, aims to transform India’s traditional wellness systems into a robust economic driver. Ayush Nivesh Saarthi integrates policy frameworks, incentive structures, investment-ready projects, and real-time facilitation into a single interface, designed to attract both domestic and global investors. The platform underscores India’s ambition to become a leading destination for investments in traditional systems of medicine, leveraging the sector’s 17% annual growth rate between 2014 and 2020 and growing global demand for natural and preventive healthcare.

    Speaking at the launch, Shri Piyush Goyal emphasized the sector’s openness to investment, stating, “With 100% FDI permitted in the Ayush sector through the automatic route, Ayush Nivesh Saarthi signals India’s readiness for investment, collaboration, and innovation in holistic healthcare. This portal connects investors with opportunities rooted in India’s ancient legacy of wellness, powered by a modern vision.”

    Jadhav highlighted the platform’s transformative potential, saying, “Ayush Nivesh Saarthi is more than a digital platform—it’s an enabler of transformation. It combines proactive government policies, India’s wealth of over 8,000 medicinal plant species, and a globally trusted wellness tradition. This portal empowers investors with real-time data, transparent policy guidance, and access to a vibrant, expanding market.”

    The Ayush sector plays a pivotal role in India’s USD 13 billion medical value travel (MVT) industry, ranking among the top five health services in the country. With its rich heritage and growing global appeal, the sector is a key driver of the global wellness economy. The launch of Ayush Nivesh Saarthi reinforces the government’s vision of positioning Ayush as a cornerstone of public health and economic growth, fostering foreign direct investment, empowering entrepreneurs, and showcasing India’s leadership in traditional medicine and wellness on the global stage.

  • MIL-OSI USA: Congressman Nick Langworthy Introduces Energy Choice Act to End Blue-State Wars on American Energy

    Source: US Congressman Nick Langworthy (NY-23)

    WASHINGTON, D.C. – Yesterday, Congressman Nick Langworthy (NY-23) and Senator Jim Justice (R-WV) introduced the bipartisan, bicameral H.R. 3699, the Energy Choice Acttoprohibit states or local governments from banning an energy service’s connection, reconnection, modification, installation, or expansion based on the type or source of energy to be delivered. Congressman Langworthy, who serves as a member of the House Energy and Commerce Committee, and as a member of the Energy and Environment subcommittees, has made protecting Americans’ energy choices a top priority.

    “Governor Hochul and Democrats in Albany have waged an extremist crusade against natural gas that’s sent home energy costs through the roof, crippled our energy supply, and left New York teetering on the edge of an energy crisis—all to satisfy the radical fantasies of the far-left climate cult. New York has been ground zero for the Green New Deal, where common sense goes to die and working families get stuck with the bill,”said Congressman Langworthy.“That’s why I’ve introduced the Energy Choice Act—to slam the brakes on these reckless, ideological mandates and restore sanity to America’s energy policy. People deserve the freedom to choose energy that is affordable, reliable, and proven—not be forced into rolling blackouts to please eco-activists who don’t live in the real world. I thank Senator Justice for introducing this bill in the Senate and urge its swift action.”

     

    “I am an energy guy from an energy-rich state. I know how important freedom of energy production is – which is why I’m proud to introduce Energy Choice Act of 2025. President Trump has stated the need to unleash American energy, and this bill helps facilitate just that. We have too great an energy crisis in this country, and we don’t have the luxury of picking the winners and losers when it comes to energy production. Americans ought to have the right to choose what is best for their energy needs,” said Senator Jim Justice.

     

    The full text of the bill can be found here. Original cosponsors of this legislation include Representatives Michael Baumgartner (R-WA), Jack Bergman (R-MI), Mike Bost (R-IL), Robert Bresnahan Jr. (R-MI), Ken Calvert (R-CA), Mike Carey (R-OH), Jeff Crank (R-CO), Chuck Edwards (R-NC), Jake Ellzey (R-TX), Brad Finstad (R-MN), Vicente Gonzalez (D-TX), Lance Gooden (R-TX), Pat Harrigan (R-NC), Clay Higgins (R-LA), Jeff Hurd (R-CO), Darin LaHood (R-IL), Michael Lawler (R-NY), Ryan Mackenzie (R-PA), Nicole Malliotakis (R-NY), Tracey Mann (R-KS), Tom McClintock (R-CA), Addison McDowell (R-NC), Mark Messmer (R-IN), Dan Meuser (R-PA), John Moolenaar (R-MI), Tim Moore (R-NC), Dan Newhouse (R-WA), August Pfluger (R-TX), John Rose (R-TX), Michael Rulli (R-OH), Jefferson Shreve (R-IN), Elise Stefanik (R-NY), Claudia Tenney (R-NY), GT Thompson (R-PA), David Valadao (R-CA), Beth Van Duyne (R-TX), Tony Wied (R-WI), Roger Williams (R-TX), Ryan Zinke (R-MT).

     

    Original cosponsors in the Senate include Senators Tommy Tuberville (R-AL) and Shelley Moore Capito (R-WV).  

     

    “Democratic-controlled states like New York are waging an all-out attack on domestic energy production, undermining Americans’ right to choose their preferred energy source. The Energy Choice Act combats these authoritarian regulations by preventing state and local governments from banning specific energy sources. To achieve true energy independence, we must ensure Americans have access to a full range of options, including natural gas,”said Congresswoman Tenney.

     

    “Montanans know the value of reliable, affordable energy, especially during winters when access to natural gas, coal, and other traditional fuels isn’t just a convenience, it’s a necessity,” said Congressman Zinke. “Heavy handed policies from places like Albany and Sacramento don’t reflect the realities of rural America, where energy diversity is vital. The Energy Choice Act is common sense legislation that defends our right to choose the energy sources that work best for our homes and businesses, and I am happy to co-sponsor it again.”

     

    “In order to achieve American energy dominance, we must utilize an all-of-the-above energy strategy that prioritizes affordability and reliability. By prohibiting states and local governments from banning a service based on the source of the energy, we can ensure that families and small businesses are not being forced to utilize more costly energy sources. I thank Rep. Langworthy for his leadership as we work to make energy more affordable and reliable for our constituents,” said Congressman Newhouse.

     

    “Energy freedom is essential to both our economy and national security,” said Congressman Mike Rulli. “Efforts by state governments to ban natural gas and other traditional energy sources not only hurt working families through higher costs but also jeopardize grid reliability – especially in regions with harsh winters like ours. I’m proud to support the Energy Choice Act and thank Congressman Langworthy for putting consumers first and ensuring that no American is forced into an energy system that doesn’t work for them or their community.”

     

    “Strengthening America’s energy independence requires an all-of-the-above energy strategy that ensures consumer demand and industry experts, not bureaucrats and extreme environmentalists, lead the expansion and delivery of energy services. Banning certain types of energy, like California and New York have tried to do, only raises prices for Americans,” said Congressman Chuck Edwards (NC-11). “The Energy Choice Act will safeguard the diversification of energy sources in our nation and make sure that Americans have access to reliable and affordable energy.”

     

    The Energy Choice Act has received wide support from federal organizations, including American Exploration and Production Council (AXPC), American Gas Association (AGA), American Public Gas Association (APGA), Americans for Prosperity (AFP), Consumer Energy Alliance (CEA), Energy Marketers of America (EMA) , GPA Midstream Association, GPSA Midstream Suppliers, Hearth, Patio & Barbecue Association (HPBA), National Association of Home Builders (NAHB), National Association of Oil and Energy Service Professionals (OESP), National Energy and Fuels Institute (NEFI), National Propane Gas Association (NPGA), Plumbing Heating Cooling Contractors – National Association (PHCC), Pool & Hot Tub Alliance (PHTA), LIBRE Initiative, Concerned Veterans for America (CVA).

    This legislation has also received support from state organizations, including Alabama Propane Gas Association, Arizona Propane Gas Association, Arkansas Propane Gas Association, Colorado Propane Gas Association, Connecticut Energy Marketers Association, Florida Propane Gas Association, Illinois Propane Gas Association, Indiana Food and Fuel Association, Iowa Propane Gas Association, Propane Gas Marketers of Kansas, Kentucky Petroleum Marketers Association, Kentucky Propane Gas Association, Louisiana Propane Gas Association, Maine Energy Marketers Association, Massachusetts Energy Marketers Association, Michigan Petroleum Association, Michigan Propane Gas Association, Mid-Atlantic Hearth, Patio & Barbecue Association, Mid-Atlantic Petroleum Distributors Association, Mid-Atlantic Propane Gas Association, MidStates Hearth, Patio & Barbecue Association, Midwest Hearth, Patio & Barbecue Association, Mississippi Propane Gas Association, Missouri Propane Gas Association, Nebraska Propane Gas Association, Energy and Convenience Marketers of Nevada, Nevada Propane Gas Association, New Mexico Propane Gas Association, North Central Hearth, Patio & Barbecue Association, Northeast Heart, Patio & Barbecue Association, Northwest Hearth, Patio & Barbecue Association, Energy Marketers Association of New Hampshire, Fuel Merchants Association of New Jersey, New Jersey Propane Gas Association, Association of Contracting Plumbers of the City of New York Inc., New York Propane Gas Association, Empire State Energy Association (ESEA), Independent Oil and Gas Association of New York (IOGANY), New York State Association of Plumbing, Heating and Cooling Contractors, New York State Energy Coalition (NYSEC), New York State Oil Producers Association (NYSOPA), North Carolina Petroleum and Convenience Marketers, North Dakota Propane Gas Association, Ohio Energy and Convenience Association, Ohio Oil and Gas Association, Ohio Propane Gas Association, Oklahoma Propane Gas Association, Oregon Hearth, Patio & Barbecue Association, Pacific Propane Gas Association, Hearth Patio & Barbecue Association Pacific, Eastern Pennsylvania Energy Association, North Eastern Pennsylvania Energy Marketers Association, Pennsylvania Independent Oil and Gas Association, Pennsylvania Petroleum Association, Southeast Hearth, Patio & Barbecue Association, South Central Pennsylvania Energy Association, South Central Hearth, Patio & Barbecue Association, Propane Gas Association of New England, Energy Marketers Association of Rhode Island, Rhode Island Business Leaders Alliance, Rocky Mountain Hearth, Patio & Barbecue Association, Rocky Mountain Propane Association, South Carolina Convenience & Petroleum Marketers Association, South Dakota Petroleum and Propane Marketers Association, Southeast Propane Alliance, Tennessee Propane Gas Association, Texas Propane Gas Association, Vermont Fuel Dealers Association, Virginia Petroleum & Convenience Marketers Association, Virginia Propane Gas Association, West Virginia Propane Gas Association, Western Propane Gas Association, Washington Independent Energy Distributors, Wisconsin Fuel and Retail Association, Wisconsin Propane Gas Association, Wisconsin Manufacturers and Commerce (WMC).

    “NEFI proudly supports the Energy Choice Act, which represents a critical step toward protecting American consumers and small businesses from government overreach in the home energy market,”said Jim Collura, President & CEO of the National Energy & Fuels Institute (NEFI), which represents wholesale and retail distributors of liquid heating fuels, primarily in the Northeast.“This bipartisan legislation ensures that decisions about home heating and cooling remain where they belong – in the hands of American families, not government bureaucrats. At a time when families are recovering from record high inflation, the last thing we need are misguided state and local policies that eliminate affordable heating options. The Energy Choice Act protects market competition, preserves consumer choice, and promotes energy affordability and reliability. We urge Congress to pass this common-sense legislation without delay.”

     

    “NAHB commends Rep. Nick Langworthy (R-N.Y.) for championing the Energy Choice Act, legislation that prohibits state and local governments from banning or limiting access to natural gas, electricity, and other energy sources. A gas ban would exacerbate the housing affordability crisis by increasing costs on new homes and placing added stress on the nation’s electrical grid. With more than 40 million U.S. households relying on natural gas for heating, cooking, and hot water, preserving access to this affordable and reliable energy source is vital for American families,”said Buddy Hughes, Chairman, National Association of Home Builders.

     

    “On behalf of millions of AFP’s grassroots activists across the country, we applaud Rep. Nick Langworthy for introducing the Energy Choice Act to ensure energy freedom throughout the United States. Regardless of where Americans live, they shouldn’t be forced to endure energy poverty. The Energy Choice Act will provide certainty, security, and assurance for much-needed permitting reform and energy infrastructure development. Rep. Langworthy’s legislation will ensure American dominance in energy and lower costs for consumers while embracing an “all-of-the-above” approach on the federal level,” said Brent Gardner, Chief Government Affairs Officer, Americans for Prosperity.

     

    “The Energy Choice Act represents a critical step in protecting consumer access to clean, affordable, and reliable energy sources like propane,”said Stephen Kaminski, President and CEO of the National Propane Gas Association. “NPGA commends Rep. Langworthy and Sen. Justice for their leadership in introducing this legislation to defend energy diversity and empowering Americans to choose the energy solutions that best meet their needs. This bill safeguards consumers from rising energy costs driven by overreaching government mandates.”

    “The American Public Gas Association (APGA) strongly supports Representative Langworthy’s Energy Choice Act. This important legislation will safeguard American consumers’ right to choose the energy that best meets their household and budget needs. Access to affordable, reliable, and efficient natural gas is essential to the success of American families, businesses, and communities. APGA applauds the bill’s sponsors for their leadership in protecting consumer choice and promoting energy affordability,” said Dave Schryver, President & CEO, APGA.

     

    “The refusal of certain state and local governments to consider policies that provide a more sustainable transition to a less carbon-intensive future, coupled with the economic burdens placed on the American people through restrictions or bans on fossil fuel heating sources, necessitates federal preemption to ensure homeowners can continue to afford living in their homes while having robust options for maintaining home comfort. The Energy Choice Act provides that recourse and PHCC supports its immediate passage,” said Dan Callies, President, Plumbing-Heating-Cooling Contractors, National Association.

     

    “Passage of this important legislation is a no brainer. We encourage House lawmakers to pass the bill immediately to restore consumer choice and support small business energy marketers across the country,”said Rob Underwood, Energy Marketers of America President.

     

    “At a time when no New Yorker is immune to statewide affordability challenges, having the freedom to choose energy solutions that work best for their homes, businesses, and communities is critical to keeping costs manageable for everyday people. The Energy Choice Act ensures we are taking an all-of-the-above approach to meeting energy needs — opening opportunities to tap into existing solutions like biofuels that advance clean energy goals, while also fostering continued innovation to build a more secure, affordable energy future. We support this commonsense legislation, thank Congressman Langworthy for his leadership, and urge House lawmakers to pass the Energy Choice Act to deliver real energy solutions for all Americans and support the small business energy marketers who help power our communities,”said Kris DeLair, Executive Director of the Empire State Energy Association.

     

    “GPA Midstream appreciates Representative Langworthy taking action to introduce legislation to protect consumer choice. New Yorkers and all Americans deserve the right to choose the energy source, such as natural gas or propane, that is reliable and best fits their budget needs,”said Stuart Saulters, VP of Federal Affairs, GPA Midstream Association.

     

    “Americans deserve reliable, affordable energy without bureaucratic roadblocks or special interests getting in the way. This bill protects consumer choice and energy innovation by ensuring that no state or local government can block access to energy sources based on political agendas or bad politics. This bipartisan bill is a common-sense step toward securing our energy future, protecting American energy jobs, and most importantly protecting the pockets of working class Americans who should not have to pay more for energy. The LIBRE Initiative is grateful for Rep. Langworthy’s leadership on this important issue,” said Helder Toste, Government Affairs Liaison, The LIBRE Initiative

     

    “Concerned Veterans for America wholeheartedly endorses Rep. Nick Langworthy’s Energy Choice Act on behalf of the members of our country’s largest veteran-led grassroots advocacy organization.  This bill will ensure energy freedom in every state and protect hardworking citizens from high energy costs created by special interests at the state level. Veterans served so that Americans are free to benefit from our nation’s ingenuity and natural abundance, and are free to live their unique American Dreams.
    The Energy Choice Act limits states’ permitting requirements and promotes a more resilient energy infrastructure. Rep. Langworthy’s legislation will ensure continued American domestic energy availability and lower costs for consumers while embracing a free market approach to energy development across the country,” said John Vick, Executive Director, Concerned Veterans for America.

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    MIL OSI USA News

  • MIL-OSI Canada: B.C. advancing easier ways of doing business

    Source: Government of Canada regional news

    Streamlining processes to reduce barriers, cut red tape, foster innovation and create a more supportive, business-friendly environment in B.C. are the goals as the Province launches an ease-of-doing-business review.

    “We are listening to B.C. businesses as we work to ensure our province is an easy place to do business,” said Diana Gibson, Minister of Jobs, Economic Development and Innovation. “This review will help us to continue to modernize our regulatory and permitting systems, as we secure B.C.’s position as the economic engine of Canada’s new economy.”

    Businesses are invited to share their ideas, challenges and suggestions through an online website portal until fall 2025. By involving entrepreneurs, business owners and business-sector partners in B.C., the Province will gain a clearer understanding of current on-the-ground challenges when establishing or growing a business. Information gathered throughout the review will help government establish a set of performance measurements to make it easier for companies and organizations of all sizes and sectors to do business in B.C.

    The Province has received input identifying potential challenges and barriers, canvassing insights from the business community, which have been categorized into four types: policy, legislation and regulation, funding and infrastructure, and taxes and fees.

    The review aims to simplify processes and access to services to help businesses succeed, draw more investment and improve competitiveness. It also aligns with recent legislation to ensure rapid permitting and robust regulation of renewable-energy projects, such as wind and solar. This is part of the Province’s commitment to fast-track 18 natural-resource projects to grow the economy while maintaining strong environmental standards and consultation commitments and reducing B.C.’s reliance on trade with the United States. These actions will provide more certainty around processes and timelines to help attract investment to the province by reducing costs for stakeholders.

    “Establishing a set of performance measures to track the ease of doing business will provide B.C. with a road map to reduce barriers and help set up small- and medium-sized businesses to succeed,” said Fiona Famulak, president and CEO, BC Chamber of Commerce. “What gets measured gets done. By monitoring progress, we can identify what’s working or not, improve accountability and create a more business-friendly environment.”

    The review builds on the work government has done through Better Regulations for British Columbians, which has delivered more than 4,000 regulatory amendments since 2016. This ongoing work has made for easier and quicker interactions between businesses and government services, enhancing overall accessibility and convenience.

    Quote:

    Steve Morissette, parliamentary secretary for rural development –

    “Reviewing and updating outdated policies and regulations will help reduce red tape and unlock more opportunities for rural communities. By streamlining processes, we’ll support small businesses and attract new investment, paving the way for sustainable growth and a stronger future for all of B.C.”

    Learn More:

    To learn about the ease-of-doing-business review and submit feedback, visit: https://gov.bc.ca/easeofdoingbusiness

    MIL OSI Canada News

  • MIL-OSI USA: Governor Polis Completes State-Wide Bill Signing Tour, Signing New Laws to Reduce Housing Costs, Make Colorado Safer and Save People Money

    Source: US State of Colorado

    DENVER – Today, Governor Polis completed his 2025 bill state-wide signing tour, signing bills passed by Democrats and Republicans during the landmark 2025 legislative session. Governor Polis signed 476 bills, 87.5% of which were bipartisan, breaking down barriers to housing Coloradans can afford, increasing funding for students and teachers, enhancing public safety, saving people money, protecting the domestic and wild animals Colorado calls home, and protecting and expanding access to outdoor recreation. 

    “This session we continued delivering on our commitment to reduce the cost of living in our state by passing laws to build more housing people can afford, increase student funding to drive student success, improve public safety and more. I am proud of the progress we delivered this year and was thrilled to travel the state from Grand Junction to Alamosa, Keenesberg, Colorado Springs, Pueblo, Fort Collins and more to sign these transformational laws in the communities that make Colorado the best state in the nation to live, raise a family, and thrive,” said Governor Polis. 

    MORE HOUSING NOW: 

    IMPROVING PUBLIC SAFETY: 

    • SB25-310 – Proposition 130 Implementation: This law supports funding for local law enforcement agencies to help recruit peace officers by providing financial reimbursements and tuition assistance for initial and continuing education and training for peace officers, as well as pay incentives and bonuses. The bill also provides funding to ensure that the families of fallen officers get the support they need after losing their loved one in the line of duty.
    • HB25-1062 Penalty for Theft of Firearm: This law cracks down on gun theft by reclassifying firearm theft as a class 6 felony regardless of the value of the firearm stolen.
    • HB25-1171 – Possession of Weapon by Previous Offender Crimes: This law adds first-degree motor vehicle theft to the list of criminal offenses that would make an individual ineligible to possess a firearm.
    • SB25-281 – Increase Penalties Careless Driving: adjusts penalties for persons convicted of careless driving, making each individual seriously injured or killed in a careless driving event a separate violation and clarifies that careless driving resulting in serious bodily injury or death is an included crime for the purposes of the “Victim Rights Act”.
    • A State Budget to Make Colorado Safer: Governor Polis continues working to make Colorado safer for everyone and by signing this year’s budget, Colorado continues investing in preventing and addressing crime. This includes:
      • Youth Crime Prevention: Helping to prevent at-risk youth from entering the criminal justice system through increased funding for prevention services.
      • Community Corrections Capacity: The budget also provides $2.4 million to invest in community corrections placement, increasing capacity.
      • Supporting Crime Victims: Additionally, this budget implements Colorado’s Proposition KK, designating $30.0M in spending authority to crime victims’ services, $8 million for mental health services, and $1 million for school safety.
      • $15 million ongoing for critical public safety communication infrastructure, supporting over 1,000 local, regional, state, tribal, and federal public safety entities.
      • Funding for CBI’s Colorado Gangs Database: The Colorado Gangs database (CoG) is an application that stores gang information such as gang names, gang members, gang contacts, and is used by law enforcement as an investigative tool. It allows law enforcement the ability to add and change any information about the gangs, tracking gangs, and gang members that they contact during patrol or other investigative efforts conducted by law enforcement. This information is also queryable in the Colorado Crime Information Center (CCIC), which provides law enforcement with the most accurate information possible.
    • HB25-1146 – Juvenile Detention Bed Cap: This law allows judicial districts to utilize more juvenile detention beds to ensure that individuals deemed high-risk do not re-enter communities before receiving the rehabilitative services they need.
    • SB25-168 – Prevention of Wildlife Trafficking: This law will crack down on wildlife trafficking to keep Coloradans and wildlife safe. 

    FULLY FUND SCHOOLS AND SUPPORT COLORADO’S WORKFORCE: 

    • HB25-1320 – School Finance Act: This legislation implements Colorado’s student-focused school finance formula without bringing back the budget stabilization factor. It also increases per-pupil funding again to $11,864, an increase from FY24-25 of $412 per student, or an average of $9,000 per classroom.
    • SB25-315 – Postsecondary & Workforce Readiness Programs: This legislation realigns Postsecondary and Workforce Readiness administration and funding to ensure all students have the opportunity to graduate high school with postsecondary credit, an industry-recognized credential, or work-based learning experience.
    • HB25-1278 – Education Accountability System: This legislation modernizes Colorado’s K-12 accountability system for the first time since 2009 to better measure student outcomes, including the creation of a new sub-indicator to support postsecondary and workforce readiness before graduation.
    • HB25-1192 – Financial Literacy Graduation Requirement: This legislation ensures that every student takes a course incorporating all financial literacy standards before they graduate high school, as well as practice filling out financial aid forms so that they are equipped with the know-how to plan for and secure their financial futures.
    • HB25-1038 – Postsecondary Credit Transfer Website: This law will support students by providing more information about how their credits earned through prior learning, concurrent and dual enrollment, and GT Pathways courses will transfer to each Colorado public institution. By allowing students to evaluate and compare the value of their transfer credits across institutions and programs, students can save money and more successfully plan their educational journeys. 

    DRIVING COLORADO’S ECONOMY: 

    • HB25-1005 – Tax Incentive for Film Festivals: This legislation supports film festivals in Colorado and helped the state land the iconic Sundance Film Festival, starting in 2027, which will bring in hundreds of millions of dollars in economic benefits and thousands of jobs.
    • HB25-1021 – Tax Incentives for Employee-Owned Businesses: This law helps businesses by save more toward taxes, when they transition to employee-owned, which is good for employees and businesses.
    • HB25-1090 – Protections Against Deceptive Pricing Practices: This legislation will help eliminate fees that drive up costs and get rid of deceptive practices that make Coloradans spend more money than they want.
    • HB25-1001 – Enforcement Wage Hour Laws: This legislation combats wage theft, ensuring that more workers are paid fairly, on time, and in full. It enhances enforcement of Colorado’s wage and hour laws, disincentivizes violations, and provides the Department of Labor and Employment with new tools to prevent and address wage theft.
    • HB25-1215 – Redistribution of Lottery Fund: This legislation directs the first $4 million of the lottery fund to the outdoor equity fund, increasing outdoor recreation opportunities and protecting Colorado parks. 

    SAVING PEOPLE MONEY: 

    FREE STATE OF COLORADO: 

    BOLD CLIMATE GOALS AND IMPROVING AIR QUALITY: 

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    MIL OSI USA News

  • MIL-OSI: Radcred Relaunches Personal Loan Marketplace to Expand Access for U.S. Borrowers With No Credit Check

    Source: GlobeNewswire (MIL-OSI)

    Glendale, June 05, 2025 (GLOBE NEWSWIRE) — Disclaimer: RadCred is not a lender and does not make credit or underwriting decisions. It is a personal loan marketplace that connects applicants with a network of licensed third-party lenders. Loan terms, rates, and approval times vary by lender and are not guaranteed by RadCred. Submitting a loan request does not guarantee approval or funding. All financial decisions should be made with care and reviewed with a financial advisor if needed. Availability of loan products may vary by state. RadCred does not charge users any fees for using the platform.

    The revamped platform aims to simplify access to personal loans by bridging the gap between consumers and vetted lenders nationwide.

    RadCred, a U.S.-based digital platform, has relaunched as a full-service personal loan marketplace. The redesigned site is built to improve access to unsecured loans and streamline connections between borrowers and direct lenders. The update expands the company’s ability to serve applicants across a wide credit spectrum, including those with bad credit scores.

    The revised platform introduces tools that allow users to submit a single application to access offers from multiple licensed lenders. Borrowers can now explore options for same-day loans, quick loan approvals, and even no credit check personal loans. This format simplifies the application process while giving consumers more control over their borrowing decisions.

    “We wanted to create a space where users, regardless of credit score, can view and compare real offers from verified lenders,” said Lara Smith, Senior Accounting Executive of RadCred. “This relaunch reflects our commitment to transparency and efficiency in personal lending.”

    Key Features of the Updated Platform

    The revamped RadCred platform introduces key features aimed at improving borrower access, especially for those seeking quick loan approval, no credit check options, or support with bad credit, while simplifying comparisons and accelerating the overall lending process.

    Broader Loan Options
    RadCred now supports unsecured personal loans ranging from $300 to $35,000. These include emergency cash advances, short-term installment plans, and options suited for debt consolidation or education-related needs. Borrowers can use the same platform to access small urgent loans or explore longer repayment terms.

    Support for Borrowers with Bad Credit
    RadCred’s network includes lenders who consider income and employment status rather than only credit score. The updated platform highlights no credit check loan categories and bad credit loan filters, enabling users to find potential options even if they have limited credit history.

    Soft Credit Inquiries
    Applicants using RadCred undergo only a soft credit check at the pre-qualification stage. This approach does not affect their credit score and helps determine basic eligibility before a formal application. Users can explore instant loan offers without risk to their credit report.

    Streamlined Application Process
    Borrowers submit a single digital application, which is securely shared with multiple lenders in RadCred’s network. The platform then presents loan offers side by side, including interest rates, fees, and repayment terms. This system allows users to evaluate multiple personalized offers efficiently.

    Faster Approval and Disbursement
    Many lenders in RadCred’s network offer quick loan approval and same day funding for eligible applicants. Those who accept an offer early in the day may receive funds in their account by the evening or the next business morning.

    Digital Lending in the Current Market

    The relaunch of RadCred comes at a time when more Americans are turning to online platforms for personal finance solutions. Rising living costs and higher interest rates on credit cards have driven demand for alternative forms of credit. According to industry reports, unsecured personal loan balances reached $232 billion in the U.S. by the end of 2023.

    Online lending has grown significantly, with platforms that offer digital-first tools and inclusive criteria gaining momentum. Consumers are seeking options that support quick access, straightforward application processes, and transparent terms, particularly those that accommodate borrowers with bad credit scores or limited borrowing history.

    RadCred’s upgraded interface addresses these needs by focusing on ease of use and lender accessibility. The company’s role as a marketplace, not a lender, ensures that users can compare multiple products in one place without bias toward a single provider.

    Roadmap and Future Development

    Looking ahead, RadCred plans to introduce additional resources for borrowers. Planned updates include:

    • AI-powered matching tools for better loan-personalization
    • Educational content about managing loan repayments
    • Partnerships with credit unions and local banks to expand lender coverage

    These changes are designed to continue improving access and supporting informed borrowing personal loan decisions.

    About RadCred

    RadCred is a personal loan marketplace based in Glendale, California. The platform connects applicants with a network of licensed lenders offering unsecured loan products. These include personal loans, emergency loans, and installment loan plans tailored to a range of credit backgrounds. RadCred is not a lender and does not make credit decisions. Its goal is to simplify the loan search process and help borrowers compare offers efficiently.

    The MIL Network

  • MIL-OSI: Ormat Technologies Announces Strategic Leadership Changes

    Source: GlobeNewswire (MIL-OSI)

    • ORMAT EXPANDS MANAGEMENT TEAM TO SUPPORT ELECTRICITY SEGMENT GROWTH AND EGS INITIATIVES
    • ARON WILLIS APPOINTED EXECUTIVE VICE PRESIDENT, ELECTRICITY SEGMENT
    • DANIEL MOELK APPOINTED SENIOR VICE PRESIDENT, RESOURCES, DRILLING, & EGS

    RENO, Nev., June 05, 2025 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, is pleased to announce the appointment of two distinguished executives to its senior management team. These strategic appointments are poised to propel the next phase of the Company’s growth and enhance its operational excellence within the renewable energy sector.

    Aron Willis Appointed Executive Vice President, Electricity Segment

    Effective June 4, 2025, Aron Willis will assume the role of Executive Vice President, Electricity Segment at Ormat Technologies. In this capacity Aron will oversee the operations of the Electricity Segment, ensuring alignment with the Company’s strategic goals and financial targets. Aron will also be responsible for optimizing plant performance, implementing advanced AI tools, ensuring compliance with safety and environmental regulations, and driving continuous improvement initiatives to foster future growth.

    Aron brings over 25 years of extensive experience in the power generation industry, with a proven track record of leadership and financial and operational expertise. His career includes significant roles at TransAlta Corporation and Northwest Digital Power, where he demonstrated exceptional leadership in managing large-scale operations and driving substantial growth initiatives. At TransAlta Corporation, Aron held several senior leadership positions, including Executive Vice President of Project Delivery & Construction, Executive Vice President of Growth and Senior Vice President of Operations & Commercial Management. He also managed TransAlta’s Australian operations for 10 years, comprising approximately 500MW of generating capacity. Aron holds a Bachelor of Commerce degree with a major in Finance from the University of Calgary.

    Daniel Moelk Appointed Senior Vice President, Resources, Drilling & EGS

    In July 2025, Daniel Moelk will join Ormat as Senior Vice President, Resources, Drilling & EGS. Daniel will lead our Resources, Drilling, and EGS teams with a focus on implementing sophisticated processes and innovative technologies. His work will focus in part on creating efficiencies through the use and advanced AI tools and developing Ormat’s ongoing drilling and exploration global roadmap.

    Daniel brings nearly 18 years of valuable operations and drilling management experience within the geothermal industry. Most recently, Daniel served as the EVP of European Operations for Eavor Technologies Inc, a company focused on EGS development where he successfully executed some of the industry’s most challenging and complex drilling campaigns. Daniel has played pivotal roles in expanding geothermal drilling operations across his career, in particular at Steag GMBH, PT Sejahtera Alam Energy while he was located in Indonesia, Daldrup & Sohne AG, Mannvit Engineering Consultants, and Iceland Drilling Inc. Daniel holds a degree in Mechanical Engineering from the University of Iceland.

    “We are thrilled to welcome Aron Willis and Daniel Moelk to Ormat’s leadership team, where their valued backgrounds and experience will help drive the next phase of development and growth for our leading geothermal operations,” said Doron Blachar, Chief Executive Officer of Ormat Technologies. “Their extensive experience and proven track records in the power generation and geothermal industries will be invaluable as we continue to support our growth through continued innovation. These appointments reflect our commitment to strengthening our leadership team, advancing our strategic objectives for generation growth, expanding our profitability, and focusing efforts on EGS development. I am confident that Aron and Daniel, both of whom will report directly to me, will play pivotal roles in our ongoing success.”

    Blachar continued, “I also want to extend my sincere gratitude to Shimon Hatzir for his long-standing service to the Company and his exceptional leadership and dedication over the past 36 years. Shimon has made significant contributions to Ormat in various capacities, including leading our R&D and engineering division, leading wide range of technology developments, and managing the design of numerous power plants. He also led our energy storage segment, and most recently, heading the Electricity Segment including the Resource and Drilling operations I wish him all the best in his well-deserved retirement.”

    ABOUT ORMAT TECHNOLOGIES

    With six decades of experience, Ormat Technologies, Inc. is a leading geothermal company, and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,400MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,538MW with a 1,248MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 290MW energy storage portfolio that is located in the U.S.

    ORMAT’S SAFE HARBOR STATEMENT

    Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such matters as our projections of annual revenues, expenses and debt service coverage with respect to our debt securities, future capital expenditures, business strategy, competitive strengths, goals, development or operation of generation assets, market and industry developments and the growth of our business and operations, are forward-looking statements. When used in this press release, the words “may”, “will”, “could”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “projects”, “potential”, or “contemplate” or the negative of these terms or other comparable terminology are intended to identify forward-looking statements, although not all forward-looking statements contain such words or expressions. These forward-looking statements generally relate to Ormat’s plans, objectives and expectations for future operations and are based upon its management’s current estimates and projections of future results or trends. Although we believe that our plans and objectives reflected in or suggested by these forward-looking statements are reasonable, we may not achieve these plans or objectives. Actual future results may differ materially from those projected as a result of certain risks and uncertainties and other risks described under “Risk Factors” as described in Ormat’s annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on February 27, 2025, and in Ormat’s subsequent quarterly reports on Form 10-Q that are filed from time to time with the SEC.

    These forward-looking statements are made only as of the date hereof, and, except as legally required, we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

    Ormat Technologies Contact:
    Smadar Lavi
    VP Head of IR and ESG Planning & Reporting
    775-356-9029 (ext. 65726)
    slavi@ormat.com
    Investor Relations Agency Contact:
    Joseph Caminiti or Josh Carroll
    Alpha IR Group
    312-445-2870
    ORA@alpha-ir.com

    The MIL Network

  • MIL-OSI Global: UK brands are celebrating Eid – here’s what makes an effective and inclusive campaign

    Source: The Conversation – UK – By Afshan Jalil, PhD Candidate in Consumer Behaviour and Muslim Fashion, University of the West of Scotland

    In the run-up to Eid al-Adha – a major Muslim festival that celebrates the prophet Ibrahim’s devotion and coincides with the end of the annual Hajj pilgrimage to Mecca – UK retailers are joining the celebrations.

    Big brands like Next have launched festive collections of clothing, accessories and gifts, sharing social media messages aimed at Muslim consumers. But while this growing recognition of Eid’s commercial importance reflects a welcome shift, some campaigns still fall flat.

    As a researcher of Muslim fashion and identity in the UK, I study how Muslim consumers express themselves through clothing and how brands respond to their values. Despite a rise in Eid-related marketing, much of it feels superficial or disconnected from the community it targets.

    So, what makes for effective marketing to Muslim consumers during Eid and where do brands go wrong?


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    Muslims account for around 6.5% of the UK population, and their economic impact continues to grow. In 2019, they contributed an estimated £31 billion to the UK economy, a figure that is rising steadily. Eid, like other major holidays such as Christmas or Diwali, drives increased spending on clothes, food, gifts and travel.

    More brands are recognising this potential. From supermarkets offering special Eid meal deals, to fashion retailers launching modest clothing lines, corporate participation is becoming more visible. This is a step forward, signalling acknowledgement of British Muslims as both part of society and valuable customers.

    Why performative marketing fails

    However, visibility alone is not enough. Eid campaigns often lean on cliches, crescent moons, calligraphy or generic Eid Mubarak messages. These may show representation, but do not necessarily demonstrate genuine cultural understanding.

    Consumer culture theory helps explain why. It shows that consumption is not just about buying products, it’s about identity, belonging and self-expression. My ongoing PhD research into Muslim fashion consumption reveals that clothing during Eid is closely tied to how people see themselves: as British, Muslim, and as individuals navigating both identities.

    This is especially true for younger Muslims. Eid is more than a religious event, it’s a chance to express identity through fashion, celebration and community. The choices they make in what to wear and where to shop reflect their values and heritage.

    When brands treat Eid as an afterthought, Muslim consumers notice. Campaigns that feel rushed, last minute, out of touch or simply performative can come across as exploitative rather than inclusive.

    Customers are frequently motivated to express their dissatisfaction with fashion businesses on social media. A brand could face public criticism if it releases new collections without involving Muslim designers, for example. In 2023, fashion retailer PrettyLittleThing also came under fire for an Eid range of clothing deemed inappropriate by many Muslims for modest dressing for women (the company said it didn’t intend to cause offence and celebrated multiple holidays as part of its attempt “to build a community of everybody”).

    Authentic engagement begins with listening

    Successful campaigns are created locally by the community rather than being run by outsiders. Brands that collaborate with Muslim content creators, seek community input and consider Eid’s traditions and significance typically deliver messages that are well received.

    Timing and action matter. Companies which prepare for Eid in advance are more likely to develop effective marketing or successful partnerships. For example, Tesco’s “Everyone’s Welcome” campaign in the UK is well known for its inclusive approach. In 2023 it launched its special Iftar range that could be bought in store and cooked for the special evening meal that marks the end of a day’s fasting during Ramadan.

    Beyond celebrations and festivals, brands that think carefully about what Muslims need, for example in sport, will more likely succeed with their messaging, because they demonstrate an understanding of cultural and identity issues. The Nike campaign featuring a Muslim athlete is frequently praised for presenting an open narrative.

    Brands like Aab and Inaya have a lot of devoted clients since they were created by designers who follow modest fashion. Their success depends more on their trust and cultural awareness than just their products alone.

    Eid al-Adha is a powerful symbol of faith, identity and community that goes beyond just a commercial opportunity. While occasion messages or seasonal messages may seem like respectful gestures, when done without real understanding, they can come across as hollow or insincere marketing. Ultimately, this can harm a brand’s reputation as people may feel disappointed.

    Around Eid al-Adha and Eid Al-Fitr, which marks the end of Ramadan, businesses and brands must go beyond token gestures. Building trust with Muslim communities requires ongoing respect and cultural knowledge, with meaningful engagement throughout the year. Authenticity, not aesthetics, is the key to forming lasting relationships with Muslim customers.

    Afshan Jalil currently serves as the Volunteer Marketing Manager for Hamilton Women Club, a community initiative for Muslim women, associated with Hamilton Mosque, South Lanarkshire UK.

    ref. UK brands are celebrating Eid – here’s what makes an effective and inclusive campaign – https://theconversation.com/uk-brands-are-celebrating-eid-heres-what-makes-an-effective-and-inclusive-campaign-258107

    MIL OSI – Global Reports

  • MIL-OSI USA: Cassidy Reintroduces Legislation to Combat Obesity Epidemic

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy
    WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) reintroduced the Treat and Reduce Obesity Act (TROA) to combat the obesity crisis in the United States by providing regular screenings. The bill would also prevent diseases associated with obesity through expanded coverage of new health care specialists and chronic weight management medications for Medicare recipients.
    “Obesity shortens your life,”said Dr. Cassidy. “We have an opportunity to treat it through Medicare. Let’s do it.”
    Cassidy was joined by U.S. Senators Ben Ray Luján (D-NM), Thom Tillis (R-NC), Alex Padilla (D-CA), Marsha Blackburn (R-TN), John Fetterman (D-PA), Shelley Moore Capito (R-WV), Ruben Gallego (D-AZ), Cindy Hyde-Smith (R-MS), Gary Peters (D-MI), Roger Wicker (R-MS), Amy Klobuchar (D-MN), Cory Booker (D-NJ), Richard Blumenthal (D-CT), Martin Heinrich (D-NM), Chris Van Hollen (D-MD), and Chris Coons (D-DE) in introducing the legislation.
    The following organizations have endorsed TROA this Congress: Academy of Nutrition and Dietetics, American Academy of Pas, American Association of Clinical Endocrinologists, American Association of Nurse Practitioners, American College of Occupational and Environmental Medicine, American Diabetes Association, American Gastroenterological Association, American Medical Group Association, American Psychological Association, American Society for Metabolic & Bariatric Surgery, American Society for Nutrition, Association of Asian Pacific Community Health Organizations, Association of Diabetes Care and Education Specialists, Black Woman’s Health Imperative, Boehringer-Ingelheim, ConscienHealth, Currax, Diabetes Leadership Council, Diabetes Patient Advocacy Coalition, Eli Lilly and Company, Endocrine Society, Gerontological Society of America, Global Liver Institute, Healthcare Leadership Council, HealthyWomen, Intuitive Surgical, MedTech Coalition for Metabolic Health, National Alliance of Healthcare Purchaser Coalitions, National Consumers League, National Council on Aging, National Hispanic Medical Association, National Kidney Foundation, Novo Nordisk, Obesity Action Coalition, Obesity Medicine Association, Ro, Strategies to Overcome and Prevent (STOP) Obesity Alliance, The Obesity Society, Trust for America’s Health, WW Weight Watchers International, and YMCA of the USA.
    Background
    According to the Centers for Disease Control and Prevention, diseases associated with obesity such as heart disease, stroke, type II diabetes, and certain types of cancer are the leading causes of preventable death in the U.S. TROA would work to directly prevent these comorbidities.

    MIL OSI USA News

  • MIL-OSI USA: Richard Dees Appointed Educational Representative at Winpisinger Center

    Source: US GOIAM Union

    International President Brian Bryant has appointed Richard Dees from District 725 as an Educational Representative at the IAM’s William W. Winpisinger Education and Technology Center in Hollywood, MD, effective June 1, 2025.
    “I’m confident in assigning Richard to the Winpisinger Center,” said Bryant. “He brings extensive knowledge and experience to this new role, and will have an immediate impact on advancing the education of our membership.”
    Since 2009, Dees has held positions of increasing responsibility within the union, including Chief Steward, Negotiating Committeeman, and Vice-President for Local 25. In 2014 he was appointed Business Representative for District 725 and in 2016 as its Area Director.
    “Having risen through the ranks of the union to leadership roles at the Local and District levels, Richard brings a deep understanding of the educational needs of our membership, said Winpisinger Director Mary McHugh. “His expertise negotiating contracts and servicing the membership enables him to effectively educate our participants and will compliment the strengths of the other instructors. He’s a perfect fit for the Center.”
    In his capacity as a Business Representative, Dees played an active role in numerous organizing campaigns, contributing to the growth of Local 25 from 5 bargaining units to 20. He has successfully negotiated numerous first contracts under the Service Contract Act and led negotiations for two separate Master Agreements: one that consolidated five bargaining units under a single employer, and another that unified five different companies under one collective bargaining agreement. He has represented a wide range of workers, from janitors to drone pilots.

    The post Richard Dees Appointed Educational Representative at Winpisinger Center appeared first on IAM Union.

    MIL OSI USA News

  • MIL-OSI Economics: Hong Kong (China SAR) card payments market to reach nearly $170 billion in 2025, forecasts GlobalData

    Source: GlobalData

    Hong Kong (China SAR) card payments market to reach nearly $170 billion in 2025, forecasts GlobalData

    Posted in Banking

    The Hong Kong (China SAR) card payments market is forecast to grow by 4.5% to reach HKD1.32 trillion ($168.4 billion) in 2025, supported by a constant consumer shift towards non-cash payments, according to GlobalData, a leading data and analytics company.

    GlobalData’s Payment Cards Analytics reveals that Hong Kong saw a growth of 15.7% in card payments value in 2023, driven by the rise in consumer spending. The market continued its growth trajectory with 7.4% growth to reach HK$1.26 trillion ($161.2 billion) in 2024. However, the current global uncertainty as a result of the latest US tariffs can pose a challenge for Hong Kong’s overall economic growth, resulting in a slowdown in the overall card payments value in 2025.

    Ravi Sharma, Lead Banking and Payments Analyst at GlobalData, comments: “The Hong Kong payment card market is mature, supported by consistent efforts by the government to promote electronic payment methods, the launch of digital-only banks, and the development and expansion of payment acceptance infrastructure. Consumers are now switching from cash purchases in favor of electronic payments. This shift in consumer behavior signals a move away from conventional payment methods like cash to embrace digital alternatives, thereby benefiting card payments.”

    A well-developed payment infrastructure has supported the overall card payments growth, with POS terminal penetration per 1 million individuals standing at 27,252 in 2024, one of the highest in the Asia-Pacific (APAC) region.

    Sharma adds: “The growth of card payments has also been supported by high adoption and usage of contactless cards, supported by strong penetration and awareness of contactless cards among consumers and merchants in Hong Kong. Consumers and financial institutions alike have embraced the technology, with widespread acceptance infrastructure being the major reason why the cards are popular.”

    Rising usage of contactless payments for public transport payments is also contributing to the growth of card payments. In November 2021, Golong International Technology Company entered into a partnership with the French firm Thales to upgrade the payment system for Hong Kong Tramways. This modernized electronic payment system was successfully deployed across all regular passenger trams by June 2023. The system accepts 12 payment methods, including contactless credit cards and QR codes, supplementing the two previously available options: the Octopus card and cash.

    Among the card types, Hong Kong consumers strongly favor credit and charge cards over debit cards. This can be attributed to value-added benefits such as cashback, discounts, reward programs, and instalment payment plans offered by banks and financial institutions. Although debit cards are traditionally preferred for cash withdrawals, they are now increasingly being used for payments as well – especially low-to-medium value transactions.

    Sharma concludes: “Looking ahead, the total card payments market in Hong Kong is expected to continue its upward trajectory, driven by ongoing government initiatives, well-developed payment infrastructure, and a consumer shift towards electronic payments. The market is expected to grow at a CAGR of 5.3% between 2025 and 2029 to reach HKD1.62 trillion ($207.1 billion) in 2029.”

    MIL OSI Economics

  • MIL-OSI Economics: Nigeria’s renewable power capacity to reach 1.7GW in 2035, forecasts GlobalData

    Source: GlobalData

    Nigeria’s renewable power capacity to reach 1.7GW in 2035, forecasts GlobalData

    Posted in Power

    The renewable energy sector in Nigeria presents a wealth of growth opportunities. Nigeria plans to increase the share of renewable electricity generation to 23% in 2025 and 36% by 2030. Under the Renewable Energy Master Plan (REMP), the country planned to increase the cumulative installed capacities of small hydropower, solar PV, biomass, and wind power to 2GW, 500MW, 400MW, and 40MW by 2025, respectively. Against this backdrop, renewable power capacity in the country is expected to reach 1.7GW in 2035, registering a compound annual growth rate (CAGR) of 18.9% during 2024-35, according to GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “Nigeria Power Market Outlook to 2035, Update 2025 – Market Trends, Regulations, and Competitive Landscape,” reveals that annual power generation in Nigeria is expected to increase at a CAGR of 17.5% during 2024-35 to reach 1.8TWh. Within the renewable energy sector, solar PV technology stands out as a significant investment prospect. There has been a noticeable increase in solar PV capacity additions in the country over the past few years. A primary catalyst for this surge is the REMP.

    Attaurrahman Ojindaram Saibasan, Senior Power Analyst at GlobalData, comments: “Nigeria relies heavily on thermal sources for its power generation. The nation possesses one of the largest natural gas reserves globally and the most extensive in Africa, which has led to the increasing prevalence of thermal power generation within the country.”

    A significant challenge that power generators encounter is the absence of a guaranteed fuel supply, resulting in the underutilization of assets. Following privatization, there was a lack of infrastructure to foster an environment conducive to the effective execution of fuel supply agreements, which are essential for establishing bankable power purchase contracts.

    To overcome this challenge, the country has placed focus on renewables, especially solar PV, to cater to a part of its electricity requirement. Nigeria, Africa’s most populous nation, is experiencing rapid urbanization, which is driving an increase in household electricity demand for lighting, cooking, refrigeration, cooling, entertainment, and various appliances. Power-intensive industries such as cement, food processing, and textiles are also significant consumers of electricity.

    Due to the unreliable supply from the grid, many businesses resort to operating diesel or petrol generators, indicating that the actual energy demand is considerably higher than what grid consumption data suggest. Renewable power capacity with energy storage will help overcome this issue.

    Saibasan adds: “The primary catalyst for the adoption of solar PV technology in Nigeria is the serious issue of energy poverty and the inconsistency of electricity supply. Consumers’ preference for solar PV arises from the demand for dependable power.”

    Innovations in solar technology, coupled with novel financing models such as Pay-As-You-Go (PAYG), have propelled the growth of distributed solar power (DSP). These developments enhance the viability and scalability of solar initiatives, positioning them as compelling investment prospects.

    Saibasan concludes: “DSPs in Nigeria possess considerable potential, bolstered by the nation’s rich solar resources and escalating energy requirements. The Rural Electrification Agency is actively executing an expansive strategy that incorporates both energy service company-led and utility-led models. This approach is designed to expedite the electrification process via grid expansion and the deployment of green mini grids.

    “The primary focus is on electrifying market clusters, manufacturing centers, educational institutions—including schools and universities—and healthcare facilities, utilizing solar PV and hybrid solar PV-diesel systems.”

    MIL OSI Economics

  • MIL-OSI Canada: Prime Minister announces new parliamentary secretary team

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, announced a new parliamentary secretary team focused on building Canada strong.

    Canadians elected this new government with a mandate to define a new economic and security relationship with the United States, to build a stronger economy, to bring down costs, and to keep our communities safe. Parliamentary secretaries will support their respective cabinet ministers and secretaries of state to deliver on this mandate.

    The new parliamentary secretary team is appointed as follows:

    • Karim Bardeesy becomes Parliamentary Secretary to the Minister of Industry
    • Jaime Battiste becomes Parliamentary Secretary to the Minister of Crown-Indigenous Relations
    • Rachel Bendayan becomes Parliamentary Secretary to the Prime Minister
    • Kody Blois becomes Parliamentary Secretary to the Prime Minister
    • Sean Casey becomes Parliamentary Secretary to the Minister of Veterans Affairs and Associate Minister of National Defence
    • Sophie Chatel becomes Parliamentary Secretary to the Minister of Agriculture and Agri-Food
    • Madeleine Chenette becomes Parliamentary Secretary to the Minister of Canadian Identity and Culture and Minister responsible for Official Languages and Parliamentary Secretary to the Secretary of State (Sport)
    • Maggie Chi becomes Parliamentary Secretary to the Minister of Health
    • Leslie Church becomes Parliamentary Secretary to the Secretaries of State for Labour, for Seniors, and for Children and Youth, and Parliamentary Secretary to the Minister of Jobs and Families (Persons with Disabilities)
    • Caroline Desrochers becomes Parliamentary Secretary to the Minister of Housing and Infrastructure
    • Ali Ehsassi becomes Parliamentary Secretary to the President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs and One Canadian Economy (Canada-U.S. Trade)
    • Mona Fortier becomes Parliamentary Secretary to the Minister of Foreign Affairs
    • Peter Fragiskatos becomes Parliamentary Secretary to the Minister of Immigration, Refugees and Citizenship
    • Vince Gasparro becomes Parliamentary Secretary to the Secretary of State (Combatting Crime)
    • Wade Grant becomes Parliamentary Secretary to the Minister of Environment and Climate Change
    • Claude Guay becomes Parliamentary Secretary to the Minister of Energy and Natural Resources
    • Brendan Hanley becomes Parliamentary Secretary to the Minister of Northern and Arctic Affairs
    • Corey Hogan becomes Parliamentary Secretary to the Minister of Energy and Natural Resources
    • Anthony Housefather becomes Parliamentary Secretary to the Minister of Emergency Management and Community Resilience
    • Mike Kelloway becomes Parliamentary Secretary to the Minister of Transport and Internal Trade
    • Ernie Klassen becomes Parliamentary Secretary to the Minister of Fisheries
    • Annie Koutrakis becomes Parliamentary Secretary to the Minister of Jobs and Families
    • Kevin Lamoureux becomes Parliamentary Secretary to the Leader of the Government in the House of Commons
    • Patricia Lattanzio becomes Parliamentary Secretary to the Minister of Justice and Attorney General of Canada
    • Ginette Lavack becomes Parliamentary Secretary to the Minister of Indigenous Services
    • Carlos Leitao becomes Parliamentary Secretary to the Minister of Industry
    • Tim Louis becomes Parliamentary Secretary to the President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs and One Canadian Economy (Intergovernmental Affairs and One Canadian Economy)
    • Jennifer McKelvie becomes Parliamentary Secretary to the Minister of Housing and Infrastructure
    • Marie-Gabrielle Ménard becomes Parliamentary Secretary to the Minister of Women and Gender Equality and Secretary of State (Small Business and Tourism)
    • David Myles becomes Parliamentary Secretary to the Minister of Canadian Identity and Culture and Minister responsible for Official Languages and Parliamentary Secretary to the Secretary of State (Nature)
    • Yasir Naqvi becomes Parliamentary Secretary to the Minister of International Trade and Parliamentary Secretary to the Secretary of State (International Development)
    • Taleeb Noormohamed becomes Parliamentary Secretary to the Minister of Artificial Intelligence and Digital Innovation
    • Rob Oliphant becomes Parliamentary Secretary to the Minister of Foreign Affairs
    • Tom Osborne becomes Parliamentary Secretary to the President of the Treasury Board
    • Jacques Ramsay becomes Parliamentary Secretary to the Minister of Public Safety
    • Pauline Rochefort becomes Parliamentary Secretary to the Secretary of State (Rural Development)
    • Sherry Romanado becomes Parliamentary Secretary to the Minister of National Defence
    • Jenna Sudds becomes Parliamentary Secretary to the Minister of Government Transformation, Public Works and Procurement and Parliamentary Secretary to the Secretary of State (Defence Procurement)
    • Ryan Turnbull becomes Parliamentary Secretary to the Minister of Finance and National Revenue and Parliamentary Secretary to the Secretary of State (Canada Revenue Agency and Financial Institutions)

    Prime Minister Carney also announced that Élisabeth Brière will serve as Deputy Chief Government Whip, and Arielle Kayabaga will serve as Deputy Leader of the Government in the House of Commons.

    Quote

    “Canada’s new parliamentary secretary team will deliver on the government’s mandate for change, working collaboratively with all parties in Parliament to build the strongest economy in the G7, advance a new security and economic partnership with the United States, and help Canadians get ahead.”

    Quick Fact

    • Parliamentary secretaries are chosen by the Prime Minister to assist ministers and secretaries of state.

    Associated Link

    MIL OSI Canada News

  • MIL-OSI USA: $200M Mixed-use Development on Staten Island

    Source: US State of New York

    overnor Kathy Hochul today celebrated the completion of the first phase of Lighthouse Point, a mixed-use project developed by Triangle Equities that brings new housing, commercial space, and economic opportunity to Staten Island’s St. George waterfront. The site, which once served as the U.S. Lighthouse Service General Depot guiding ships safely into New York Harbor for over a century, has been transformed into a modern, walkable, transit-oriented waterfront community. The first phase of the development features 115 new residential units, 60,000 square feet of commercial space, and 274 parking spots. Backed by $16.5 million in State investment through Empire State Development, this project addresses critical housing needs while spurring economic opportunity on Staten Island’s North Shore.

    “For more than a century, this historic site served as a beacon for ships navigating into New York Harbor, and today Lighthouse Point becomes a beacon for Staten Island’s economic future,” Governor Hochul said. “This development exemplifies our commitment to creating housing opportunities that work for all New Yorkers — from market-rate homes to affordable units for working families — while honoring our state’s rich maritime heritage. When we invest in transit-accessible, mixed-use developments like this, we’re building the foundation for thriving, inclusive communities.”

    Empire State Development President, CEO and Commissioner Hope Knight said, “Empire State Development’s $16.5 million investment in Lighthouse Point represents exactly the kind of partnership that delivers transformative results for New York communities. We’re not just preserving a treasured piece of our maritime history — we’re creating quality homes, good jobs, and vibrant commercial spaces that will serve Staten Island residents for decades to come. This project demonstrates how strategic investments can help unlock complex developments that honor the past while building economic opportunity for the future.”

    From 1863 to 1966, the Lighthouse Point site served as the U.S. Lighthouse Service General Depot, functioning as the operational headquarters for lighthouse services across the entire United States for over a century. This critical maritime facility operated under the Treasury Department until 1903, then under the Department of Commerce and Labor through 1939, before transitioning to Coast Guard oversight. The site remained active until 1966 when the Coast Guard relocated operations to Governor’s Island, with the New York Harbor Pilots’ Association maintaining a presence until 1984. After sitting vacant for decades, the property was transferred to the City, setting the stage for today’s redevelopment.

    The development is expected to create approximately 100 permanent jobs and has generated over 1,200 construction jobs during the building of phase one. Located steps from the St. George Ferry Terminal, Lighthouse Point provides residents with direct access to Manhattan while contributing to the ongoing revitalization of Staten Island’s North Shore. The development team has rehabilitated and repurposed the site’s historic wall along Bay Street by incorporating it into the building.

    The residential offerings of Lighthouse Point span studio, one-bedroom, one-bedroom with home office, and two-bedroom layouts, all featuring modern finishes including high ceilings, in-unit laundry, kitchens with stainless steel appliances and quartz countertops, and contemporary bathrooms with premium fixtures. Building Amenities include a harbor-view terrace, a modern fitness center, and a rooftop lounge offering panoramic views of New York Harbor. The commercial component will anchor several key tenants including the College of Staten Island Tech Incubator, The Learning Experience childcare center, and Club Pilates, with additional retail and service providers to be announced.

    The project was made possible through a strategic partnership that included $16.5 million in state support from Empire State Development, which helped close a critical financing gap for the complex development that required extensive historic preservation work and site remediation. The project was identified as a priority by the New York City Regional Economic Development Council, aligning with the state’s strategy to revitalize formerly distressed waterfront areas through targeted investment and planning.

    NYCREDC Co-Chairs Félix V. Matos Rodríguez and William D. Rahm said, “Lighthouse Point demonstrates what’s possible when we combine regional vision with strategic planning. By transforming a long-vacant, historically significant site into a thriving hub of housing, commerce, and innovation, this development delivers urgently needed affordable housing while positioning Staten Island’s North Shore as an economic powerhouse that will benefit residents and businesses for generations to come.”

    Assemblymember Charles Fall said, “For far too long, Staten Island’s waterfront has felt out of reach for the very people who live alongside it. This project reclaims the shoreline for the community — creating new housing opportunities, reconnecting residents to the harbor, and building space for families, workers, and entrepreneurs to thrive. It’s a landmark investment in the future of St. George and the entire North Shore, setting a bold precedent for what truly community-driven development can and should be.”

    Triangle Equities President and CEO Lester Petracca said, “Triangle Equities is proud to bring a slew of new housing, retail, and job opportunities to the community, while ushering in an era of economic growth for the region with support from our partners at ESD. It has been an honor to work alongside ESD, NYCEDC, and our project partners throughout the development process, and we look forward to continuing our joint mission to bring much-needed affordable housing to Staten Island’s North Shore through this phase of Lighthouse Point.”

    MIL OSI USA News

  • MIL-OSI USA: Kugler, The Economic Outlook and Appropriate Monetary Policy

    Source: US State of New York Federal Reserve

    Thank you, Barbara, and thank you for the invitation to speak to you today. It is an honor to join other members of the Federal Open Market Committee (FOMC) who have addressed the Economic Club of New York over the years.1
    My subject is the current state of the U.S. economy, the economic outlook, and the implications for monetary policy. The short version is that the labor market appears resilient and stable and economic activity is continuing to grow, although at a more moderate pace than in the second half of last year.
    While the labor market is currently at or near the FOMC’s goal of maximum employment, there is the prospect that trade and other policy changes could raise the unemployment rate and push employment away from our objective. These policies, especially higher import tariffs, could also raise inflation over the rest of this year. In fact, while progress toward the FOMC’s goal of 2 percent inflation has continued, we have seen an escalation in goods inflation and data from surveys, and non-traditional sources point to some inflationary pressures as well.
    In addition to increases in U.S. import tariffs and retaliatory increases in the tariffs foreign countries apply to U.S. exports, other policy changes, either proposed or already underway relate to immigration, fiscal policy and regulation. Those policies could affect economic conditions, and since it is the FOMC’s job to set monetary policy that is best able to achieve our mandated goals of maximum employment and stable prices, we must consider the effects of these policies. So far, we are beginning to see the impact only of higher tariffs on inflation. Still, thinking about the outlook requires consideration of how the economy could be affected by all these policy changes moving forward.
    It remains difficult to judge the current strength of economic activity, based on data through the first four months of 2025, primarily because of the front-loading of imports ahead of the implementation of tariffs. While real gross domestic product (GDP) declined slightly in the first quarter, that was largely because of a surge in imports ahead of anticipated tariff increases, a surge that will likely reverse. Putting aside fluctuations in trade and in inventories and focusing on the April data, personal income and consumption point to a slight moderation in economic activity. While personal disposable income increased at a healthy pace so far this year, consumption grew more slowly in April, which may indicate consumers are becoming more cautious. That said, there is considerable uncertainty about imports in the second quarter and uncertainty about the impact that higher prices will have on spending, so I will be looking for more evidence about economic activity in May ahead of the FOMC’s next meeting, June 17 and 18.
    One encouraging sign about economic activity is the resilience of the labor market. We will get the May employment report tomorrow, but the data in hand indicate that employment has continued to grow and that labor supply and demand remain in relative balance. In April, employers added 177,000 jobs, slightly higher than the average for the previous six months. The unemployment rate was steady in April at 4.2 percent, in the historically low range of 4 percent to 4.2 percent that it has remained in since May 2024. Data on job openings and quits for April likewise point to a resilient but somewhat looser labor market with a balance of supply and demand. The vacancy rate, a measure of demand for workers, was 4.4 percent, down from a peak of 7.4 percent three years ago and roughly the same level as just before the pandemic.2 The quits rate, an indicator of the confidence workers feel in finding a job, has been in the narrow range of 1.9 to 2.2 percent since December 2023, and just a bit below the average level in 2019.3
    Ahead of tomorrow’s employment report, other data that we have for May are generally consistent with this picture of the labor market but may suggest some cooling. The average of private-sector forecasters’ predictions for total job creation is 130,000.4 Also, while the pace of job layoffs remained at historically low levels through the final week of May, based on the number of new claims for unemployment benefits, other measures suggest modest increases in layoffs. For instance, Worker Adjustment and Retraining Notifications (WARN notices) of layoffs have ticked up since the beginning of the year, as have the mentions of layoffs in the Fed’s Beige Book survey and job cuts data reported by Challenger, Gray and Christmas.
    The other side of the FOMC’s dual mandate is price stability. Progress in lowering inflation toward the Committee’s 2 percent target has slowed some since last summer, even if headline and core inflation have continued to decline. The FOMC’s preferred inflation gauge, based on personal consumption expenditures (PCE), grew at a 2.1 percent annual rate in April. While that is quite close to the FOMC’s target, it was dragged down by a decline in energy prices. Core inflation—which excludes volatile prices for food and energy and is a good guide to future inflation—came in at 2.5 percent, so I do believe that our monetary policy stance, which I view as modestly restrictive, is currently appropriate to achieve and sustain 2 percent inflation over the longer term.
    Sticking with core inflation, to help me judge ongoing progress toward price stability, I like to look at the 12-month change in each of the three main categories of core inflation: housing services, services excluding housing, and goods. The PCE price index for housing services has declined markedly in the past year, from 5.7 percent in April 2024 to 4.2 percent in April this year, but it is still considerably above the level that persisted before the pandemic. Meanwhile, the PCE price index for core services excluding housing, which makes up more than half of core PCE inflation, has declined from 3.6 percent in April last year to 3 percent in April 2025, still somewhat above the level that prevailed before the pandemic. And the third category is core goods inflation, which rose at a 0.2 percent annual rate in the 12 months through April, compared with April 2024 when it had actually fallen 0.5 percent over the previous 12 months. In recent decades, core goods prices have typically fallen over time, helping to keep a lid on overall inflation, so this is a meaningful reversal of the disinflationary process. To sum up, while core services inflation has fallen, it is still running above the rate before the pandemic, and the progress on core goods inflation has reversed. I have been paying attention to this reversal for some time and how this could be exacerbated by the announced and implemented tariffs.
    Research published recently by Federal Reserve Board staff calculates the pass-through of tariffs enacted before April 2 to individual product categories tracked in personal consumption expenditures.5 Using PCE data from February through April, the authors estimate that the 20 percentage point increase in tariffs on Chinese imports earlier in the year raised overall core PCE prices by two tenths of 1 percent. Since tariffs on China are currently higher than 20 percent, and tariffs have increased for other countries, these results tell me, first, that the pass-through of tariffs into prices is relatively quick, and, second, should elevated tariffs persist, even just in the short run, larger effects may be coming soon. The import surge I mentioned earlier, ahead of sharp tariff increases, has delayed the price effects associated with those tariffs, and the reversal in that surge that I expect in the next few months will likely signal larger price increases.
    An important feature of most of the data I have mentioned so far is that it is released with significant lags. For example, the initial estimate of GDP is released about 30 days after the end of the quarter, and two later revisions mean that we may not get a clear idea of how output increased until nearly three months afterward. Monthly data on job openings are typically released with a one-month delay. The reasons for these lags are well known. For instance, statistical agencies can only survey households and businesses every so often, and it takes time to compile and publish high-quality statistics. Still, if policymakers solely rely on these traditional data to forecast what the economy will do in the future, they end up focusing on the past, which is a little like driving down the road by looking in a rearview mirror.
    As I mentioned in my speech last year to the National Association for Business Economics, there has been an explosion of nontraditional or soft data produced by the private sector, giving us an opportunity to measure economic developments with greater timeliness (sometimes even in real time), at a higher frequency, and with more granularity.6 These data are released closer to the time of collection, such as several surveys from the Federal Reserve Banks. Given today’s fast-changing and uncertain environment, soft and non-traditional data becomes all the more important.
    That said, nontraditional data often face their own challenges, including issues with representativeness, the lack of methodological consistency, and a short time-series history. And, to be clear, while some non-traditional data are indeed “soft data” in that they capture sentiment or expectations, other data in this category are decidedly “hard,” since they are based on actual decisions and actions by businesses and households. In evaluating both traditional and nontraditional data on the economy, I face a tradeoff between timeliness and precision, but both sources are essential for me in formulating an outlook.
    So, in the context of hard data that has lately been providing a less-than-clear view of the economy, what are the nontraditional data telling me about meeting the FOMC’s two economic objectives? On the price-stability side, survey data from businesses suggest that price increases are coming. These surveys report diffusion indexes, which are calculated as the percentage of total respondents reporting increases in prices minus the percentage reporting declines. Surveys for May point to indexes for inputs and selling prices being elevated relative to the beginning of the year, probably reflecting effects from higher tariffs. Manufacturing and non-manufacturing surveys from the Institute for Supply Management (ISM), as well as several surveys from the Federal Reserve Banks report increases in material prices and prices charged to customers, with many respondents volunteering that this is related to tariff increases.
    I believe expectations of future inflation are an important determinant of current inflation, and data for May continue to point to increases in measures of near-term inflation expectations. An average of private-sector economists published by the Survey of Professional Forecasters finds that expectations for core PCE inflation over the next year moved up from 2.4 percent in April to 2.9 percent in May. Among data on inflation expectations, the most dramatic increases have been seen in the University of Michigan Surveys of Consumers. While I take seriously the concern that recent methodological changes in the survey may have made this measure less reliable, this survey is a longstanding and important barometer of consumer sentiment, and I still monitor the signals it is giving us closely. According to the Michigan survey, consumers expect inflation in the next year to average 6.6 percent and over the next 5 to 10 years to average 4.2 percent. Tariffs continued to be an important issue in the Michigan survey, with nearly three-quarters of consumers mentioning them, up from almost 60 percent in April. Firms have also raised their inflation expectations, with a survey by the Cleveland Fed reporting an increase in one-year-ahead expectations from 3.2 percent in the first quarter to 3.9 percent in the second.
    However, I still see stability in most measures of longer-run inflation expectations. Notably, expectations among professional forecasters for inflation 6 to 10 years ahead decreased from 2.1 percent in April to 2 percent in May. That provides me some comfort, as it points to confidence from the public in the Fed to bring inflation to our goal of 2 percent over the medium term.
    Recent developments and the data I have been monitoring have led me to consider at least three channels through which tariffs could have a persistent influence on inflation. First, as I have mentioned in some previous speeches, while it is true that short-run inflation expectations are influenced by short-term economic shocks, I value them because they often represent the horizon of decisionmaking for businesses and consumers.7 The increase in short-run inflation expectations that I previously mentioned may give businesses more leeway to raise prices, thus increasing the persistence of inflation. A second channel for tariffs influencing inflation could be opportunistic pricing by firms, if they take advantage to increase prices of items not directly affected by tariffs. This, along with tariffs on intermediate goods, could generate second-round effects on inflation. And a third channel is that lower productivity may lead to upward pressure on prices. As firms adjust to the higher input costs and lower demand, they may cut back on capital investment and shift to a less-efficient combination of inputs. While, so far, I have only seen anecdotal evidence for the opportunistic pricing among these three channels, I am closely monitoring any signs of increased persistence on inflation.
    Nontraditional data indicators of real activity suggest that the economy might be starting to slow. Measures of household sentiment about economic conditions remain downbeat, such as those from the University of Michigan or the Conference Board. As for businesses, manufacturing surveys, such as the ISM, report a slowing in new orders. Additionally, the May Beige Book reports that economic activity has declined slightly relative to April. On the services side, representing the majority of businesses, the ISM PMI has trended down in the past few months and reached a level in May consistent with stagnation. Focusing on the ISM services new order component, it declined significantly in May to one of its lowest levels in recent years.
    In summary, the nontraditional data on economic activity are consistent with my overall assessment that we might be seeing some moderation in the growth of economic activity but not yet a significant slowdown. As policies on fiscal matters and immigration take shape, I find it important to also account for their implications for the U.S. economic outlook. On the fiscal side, the omnibus bill passed by the House would add stimulus to the economy.8 On the immigration side, we have seen inflows substantially down since last year, which decreases the labor supply and could add meaningful upward pressure to inflation by the end of the year in sectors reliant on immigrant labor such as agriculture, construction, food processing, and leisure and hospitality. That said, I have not yet seen much of an imprint on wages from these developments.
    Let me conclude with the implications of all this for monetary policy. As inflation has declined over the past two years, due in part to tighter monetary policy, the U.S. economy has remained resilient, with stable labor markets and employment near its maximum sustainable level. Disinflation has slowed, and we are already seeing the effects of higher tariffs, which I expect will continue to raise inflation over 2025. I see greater upside risks to inflation at this juncture and potential downside risks to employment and output growth down the road, and this leads me to continue to support maintaining the FOMC’s policy rate at its current setting if upside risks to inflation remain. I view our current stance of monetary policy as well-positioned for any changes in the macroeconomic environment.
    Thank you for the opportunity to speak to you today, and I look forward to what I expect will be interesting questions.

    1. The views expressed here are my own and not necessarily those of my colleagues on the Federal Reserve Board or the Federal Open Market Committee. Return to text
    2. The vacancy rate is defined as the number of vacant jobs as a percentage of total employment. Return to text
    3. The quits rate is defined as the percentage of employees who voluntarily quit their jobs relative to total employment. Return to text
    4. I report here the median of economists’ expectations for total nonfarm payrolls polled by Bloomberg. Return to text
    5. See Robert Minton and Mariano Somale (2025), “Detecting Tariff Effects on Consumer Prices in Real Time,” FEDS Notes (Washington: Board of Governors of the Federal Reserve System, May 9). Return to text
    6. See Adriana D. Kugler (2024), “The Challenges Facing Economic Measurement and Creative Solutions,” speech delivered at the 21st Annual Economic Measurement Seminar, National Association for Business Economics Foundation, Washington, June 16. Return to text
    7. See Adriana D. Kugler (2025), “Inflation Expectations and Monetary Policymaking,” speech delivered at the Griswold Center for Economic Policy Studies and the Julis-Rabinowitz Center for Public Policy and Finance, Princeton University, Princeton, N.J., April 2. Return to text
    8. See Congressional Budget Office (2025), Preliminary Analysis of the Distributional Effects of the One Big Beautiful Bill Act (Washington: CBO, May). Return to text

    MIL OSI USA News

  • MIL-OSI USA: Luján, Heinrich Join Bipartisan Legislation to Combat Obesity Epidemic

    US Senate News:

    Source: US Senator for New Mexico Ben Ray Luján
    Washington, D.C. – U.S. Senators Ben Ray Luján (D-N.M.) and Martin Heinrich (D-N.M.) joined a bipartisan group of Senators in reintroducing the Treat and Reduce Obesity Act (TROA) to combat the obesity crisis in the United States by providing regular screenings. The bill would also prevent diseases associated with obesity through expanded coverage of new health care specialists and chronic weight management medications for Medicare recipients.
    “Access to the full range of health care options is essential to preventing deadly, obesity-related illnesses – one of the leading causes of preventable death in the U.S.,” said Senator Luján. “The bipartisan Treat and Reduce Obesity Act will expand Medicare coverage, support those fighting obesity, and help save lives.”
    The bill was introduced by U.S. Senator Bill Cassidy, M.D. (R-LA), and is cosponsored by U.S. Senators Thom Tillis (R-NC), Alex Padilla (D-CA), Marsha Blackburn (R-TN), John Fetterman (D-PA), Shelley Moore Capito (R-WV), Ruben Gallego (D-AZ), Cindy Hyde-Smith (R-MS), Gary Peters (D-MI), Roger Wicker (R-MS), Amy Klobuchar (D-MN), Cory Booker (D-NJ), Richard Blumenthal (D-CT), Chris Van Hollen (D-MD), and Chris Coons (D-DE).
    The following organizations have endorsed TROA this Congress: Academy of Nutrition and Dietetics, American Academy of Pas, American Association of Clinical Endocrinologists, American Association of Nurse Practitioners, American College of Occupational and Environmental Medicine, American Diabetes Association, American Gastroenterological Association, American Medical Group Association, American Psychological Association, American Society for Metabolic & Bariatric Surgery, American Society for Nutrition, Association of Asian Pacific Community Health Organizations, Association of Diabetes Care and Education Specialists, Black Woman’s Health Imperative, Boehringer-Ingelheim, ConscienHealth, Currax, Diabetes Leadership Council, Diabetes Patient Advocacy Coalition, Eli Lilly and Company, Endocrine Society, Gerontological Society of America, Global Liver Institute, Healthcare Leadership Council, HealthyWomen, Intuitive Surgical, MedTech Coalition for Metabolic Health, National Alliance of Healthcare Purchaser Coalitions, National Consumers League, National Council on Aging, National Hispanic Medical Association, National Kidney Foundation, Novo Nordisk, Obesity Action Coalition, Obesity Medicine Association, Ro, Strategies to Overcome and Prevent (STOP) Obesity Alliance, The Obesity Society, Trust for America’s Health, WW Weight Watchers International, and YMCA of the USA.
    Background:
    According to the Centers for Disease Control and Prevention, diseases associated with obesity such as heart disease, stroke, type II diabetes, and certain types of cancer are the leading causes of preventable death in the U.S. TROA would work to directly prevent these comorbidities.

    MIL OSI USA News

  • MIL-OSI USA: Cantwell Pushes Back on Admin Efforts to Defund 14 Local Broadcasting Stations in WA

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell

    06.05.25

    Cantwell Pushes Back on Admin Efforts to Defund 14 Local Broadcasting Stations in WA

    WASHINGTON, D.C. – 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, issued the following statement on the Trump Administration’s rescission package that proposes to claw back $1.1 billion in funding already allocated by Congress for the Corporation for Public Broadcasting.

    “President Trump’s rescission package is another attempt to defund more than 1,500 local broadcasting stations across the country, including 14 in the State of Washington. As a result, millions of Americans—particularly in rural communities—will be cut off from local newsrooms, lifesaving emergency alerts, and programs they love. By clawing back our federal investment in non-partisan public broadcasting, the Trump Administration and Republicans are not only undermining laws on the books, but also the irreplaceable role public broadcasting plays in our communities.”

    These 14 stations in Washington state would be affected:

    Public Television Stations

    • KCTS-TV (Seattle)
    • KSPS-TV (Spokane)
    • KWSU-TV (Pullman)
    • KBTC-TV (Tacoma)

    Public Radio Stations

    • KUOW-FM (Seattle)
    • KEXP-FM (Seattle)
    • KNKX-FM (Tacoma)
    • KING-FM (Seattle)
    • KWSU-AM (Pullman)
    • KPBX-FM (Spokane)
    • KDNA-FM (Granger)
    • KNHC-FM (Seattle)
    • KBCS-FM (Bellevue)
    • KSVR-FM (Mount Vernon)

    The average cost per American for public broadcasting is just $1.60 a year, and this funding supports 356 public TV stations and 1,190 public radio stations across the nation as of March 2025. CPB support is absolutely crucial for rural communities, and provides vital news and information in all 50 states.  Senator Cantwell and public broadcasting travel host Rick Steves condemned the Trump Administration for its assault on the Corporation for Public Broadcasting last month.

    MIL OSI USA News

  • MIL-OSI: Trade 350 App: This Trade 350 App Establishes New Standard for Retail Traders in 2025—Advanced AI Signals Backed by Military-Grade Security

    Source: GlobeNewswire (MIL-OSI)

    New York City, June 05, 2025 (GLOBE NEWSWIRE) — In an industry crowded with promises and half-measures, Trade 350 App emerges as a true trailblazer. Launched in early 2023 by a team of seasoned quantitative analysts and software engineers, Trade 350 leverages state-of-the-art artificial intelligence and proprietary algorithms to deliver a seamlessly automated trading experience. As of mid-2025, more than 125,000 active users across 28 countries have entrusted their capital to Trade 350, citing rapid withdrawals, crystal-clear fee structures, and consistently reliable AI signals. This press-release–style article delves deeply into the features, security protocols, and glowing user feedback that have positioned Trade 350 App as one of the most highly recommended retail trading platforms on the market.

    Be Part of the AI Revolution—Download Trade 350 and Watch Your Portfolio Soar!”

    Overview: Trade 350 App’s Mission and Vision

    At its core, Trade 350 App was conceived to democratize high-frequency, algorithmic trading strategies—to bring hedge-fund-grade tools into the hands of everyday retail investors. The founding vision, articulated by CEO Samantha Lopez, was simple: “Empower individuals—novices and professionals alike—to trade confidently, safely, and profitably, without having to become quant wizards overnight.” By fusing machine-learning models with robust risk-management controls and a user-first design, Trade 350 did more than merely enter the market: it redefined expectations.

    Key pillars of Trade 350’s mission include:

    • Accessibility: Ensuring that a minimum initial deposit ($250 USD) and transparent fee structure open the door for traders with limited capital.
    • Reliability: Providing consistently accurate trade signals, backed by 24/7 monitoring and continuous AI retraining.
    • Security: Adopting military-grade encryption, multi-factor authentication, and strict data-privacy protocols to safeguard user assets.
    • Education: Offering extensive learning resources—webinars, tutorials, and a dedicated knowledge base—to accelerate every user’s understanding of risk, strategy, and market dynamics.

    Ready to Trade Smarter, Not Harder? Tap into Trade 350’s AI Genius Today

    Founding Team & Timeline of Key Milestones

    Trade 350’s rapid rise stems from a leadership team whose combined experience spans decades at major financial institutions and technology ventures. Below is a brief timeline highlighting the company’s notable milestones:

    Early 2023

    • Conceptualization & Seed Funding
      • Seed round of $2.5 million led by MacroVentures Capital.
      • Core team formed:
        • Samantha Lopez, CEO (MBA, MIT Sloan) – Former Director of Quantitative Research at Vector Capital.
        • Dr. Aaron Ng, CTO (PhD in Computer Science, Stanford) – Ex-Google Research Scientist focused on reinforcement learning.
        • Priya Patel, CMO (BS in Marketing, University of Pennsylvania) – 8 years at Tradex Media in FinTech marketing.
        • David Clarke, Head of Risk (CFA, FRM) – 10 years in derivatives risk management at CapitalOne UK.

    Q2 2023

    • Prototype & Closed Beta Launch
      • Initial AI-signal engine tested on live market data in controlled environments.
      • Closed beta recruited 500 “alpha testers” worldwide; feedback loop refined signal accuracy.

    Q4 2023

    • Public Launch & App Release (v1.0)
      • Web platform and iOS/Android apps released simultaneously.
      • Core markets: Major Forex pairs (EUR/USD, GBP/USD), top cryptos (BTC, ETH).
      • Achieved 10,000 registered users in first two months.

    Early 2024

    • Expanded Asset Coverage & Risk Controls (v2.0)
      • Added indices (S&P 500, NASDAQ 100), commodities (Gold, Crude Oil).
      • Introduced granular risk settings: adjustable trade size (0.1%–5%), daily loss limits.
      • Rolled out first batch of educational webinars on “AI Fundamentals for Retail Traders.”

    Q3 2024

    • Security Audit & Scalability Upgrades
      • Completed third-party security audit by CyberCore Labs.
      • Migrated to fully redundant cloud architecture (multi-region AWS) to ensure 99.9% uptime.
      • User base surpassed 50,000, with $20+ million in aggregate trading volume monthly.

    Late 2024

    • International Language Support & Regulatory Pursuits
      • Added Spanish and Portuguese language packs to mobile apps.
      • Hired compliance specialists to initiate FCA registration in the UK and ASIC licensing in Australia.
      • Launched “Trade 350 University”—an online curriculum covering technical analysis, AI model interpretation, and advanced risk management.

    Q1 2025

    • Trade 350 v3.1: Enhanced AI & Social Sentiment Integration
      • Deployed new LSTM-based neural network modules that incorporate real-time social media sentiment (Twitter, Reddit) for cryptocurrency signals.
      • Launched customer support in Arabic and Mandarin.
      • Achieved 4.8-star average rating across App Store and Google Play.
      • Monthly active traders exceeded 85,000, with total platform equity above $50 million.

    Q2 2025

    • Beta Release of CopyTrading Feature & API Access
      • Introduced “CopyTrade 350,” allowing novice users to mirror top-performing traders’ portfolios (rollout scheduled for full release in Q3 2025).
      • Publicly documented RESTful API endpoints for third-party developers to access signals under a developer license.
      • Consolidated regulatory progress: Applied for full FCA license, with expected approval by Q4 2025.

    Join 125,000+ Traders Who’ve Unlocked Faster Withdrawals and Rock-Solid Security—Get Trade 350 Now!

    How Trade 350’s AI Engine Drives Market-Beating Signals

    At the heart of Trade 350 App lies a proprietary AI engine that continuously learns and evolves. Rather than relying on static, rule-based algorithms, Trade 350’s system employs a combination of supervised learning classifiers, unsupervised anomaly detection, and reinforcement-learning loops. Below is a breakdown of the engine’s core layers:

    1. Data Ingestion & Preprocessing
      • Live Price Feeds: Sub-second tick data on major forex pairs, cryptocurrency exchanges, commodity futures.
      • Economic Calendar: Automated ingestion of macroeconomic event schedules (central bank decisions, employment reports, CPI releases) from leading data providers.
      • Social Sentiment: Custom scraped sentiment scores from Twitter, Reddit, and specialized crypto-community forums; big-data processed via Apache Spark pipelines.
      • Historical Data Archive: 15+ years of minute- and hourly-bar data stored in columnar format; used for backtesting and model calibration.
    2. Feature Engineering & Pattern Recognition
      • Technical Indicators: 50+ pre-engineered indicators (moving averages, Bollinger Bands, RSI, MACD, Fibonacci retracements) automatically calculated per symbol.
      • Volatility Filters: Dynamic measures (e.g., ATR-based volatility) adjust stop-loss and take-profit levels based on current market turbulence.
      • Anomaly Detection: Unsupervised clustering identifies “flash crash” patterns or unnatural price spikes; system can automatically suspend signals ahead of low-liquidity events.
    3. Model Architecture
      • Classifier Ensembles: Random forest and gradient-boosted tree ensembles generate entry/exit probabilities for each trade.
      • LSTM & GRU Layers: Deep recurrent networks capture temporal dependencies, especially critical in high-frequency crypto markets.
      • Reinforcement Learning: Periodic “paper-trading” modules simulate thousands of episodes, allowing the AI to adjust reward functions based on cumulative drawdown and Sharpe ratio targets.
      • Continuous Retraining: Models retrain weekly, incorporating the most recent market data (ensuring the system adapts to shifting regimes, e.g., bull runs or sudden volatility escalations).
    4. Signal Scoring & Confidence Levels
      • Each generated signal is assigned a confidence score (0–100%).
      • Only signals above a user-defined threshold are delivered (e.g., 85% confidence or higher).
      • Real-time performance scoreboard evaluates the last 100 signals per asset class, tracking actual win-rate vs. predicted probabilities.

    Why this matters:
    In an era when markets are influenced by split-second news developments, algorithms that cannot rapidly pivot to new data become obsolete. Trade 350’s layered approach—blending classical technical analysis with advanced NLP-driven sentiment models—enables it to identify high-probability setups that may elude manual traders. This fusion of big data, deep learning, and automated risk controls underpins Trade 350’s consistently strong performance track record.

    Don’t Just Follow Trends—Set Them. Experience Trade 350’s Cutting-Edge AI Signals ASAP!

    Simplified Onboarding: From Registration to First Trade

    A frictionless onboarding process is critical to user adoption. Trade 350’s team prioritized a stepwise workflow designed to get users trading—and winning—quickly:

    1. Account Registration (2–3 minutes)
      • Email & Password: Users enter a valid email and create a strong password.
      • Phone Verification: One-time code sent via SMS to authenticate device.
    2. KYC & Identity Verification (up to 24 hours)
      • Upload Documents: Government-issued ID (passport or driver’s license) + proof of address (utility bill or bank statement).
      • Selfie Check: Simple facial recognition match via mobile camera.
      • Risk Questionnaire: Brief survey on trading experience, risk tolerance, and investment goals (required by global AML regulations).
    3. Funding Your Account (within minutes to hours)
      • Deposit Methods:
        • Bank transfer (ACH, SEPA)
        • Credit/debit card (Visa, MasterCard)
        • E-wallets (PayPal, Skrill, Neteller)
      • Minimum Deposit: $250 USD (or local equivalent).
      • Processing Times:
        • Card/E-wallet: Instant to 15 minutes
        • Bank transfer: 1–2 business days (varies by region)
    4. Platform Tour & Guided Walkthrough
      • Interactive Tutorial: Step-by-step pop-ups walk users through
        • Navigating the Dashboard
        • Accessing AI Signals
        • Configuring Risk Settings
        • Placing Demo Trades
      • Knowledge Center Links: Contextual tooltips link to in-depth articles on technical analysis, building a strategy, and interpreting AI scores.
    5. First Trade in Demo Mode (minutes)
      • Virtual Balance Allocation: Users begin with $10,000 (play money) to practice.
      • Signal Feed: In-app notifications highlight high-confidence setups across supported assets.
      • One-Click Order Entry: Price, position size (automatically suggested by AI risk model), and stop-loss/take-profit parameters pre-filled; user reviews and confirms.
    6. Transition to Live Mode (Optional)
      • Once comfortable, users flip the toggle to “Live Mode,” where AI signals trigger orders with real capital.

    Takeaway:
    Trade 350’s streamlined process—designed to be completed within a single afternoon—eliminates the confusion often associated with new trading platforms. The combination of interactive guidance, minimal deposit requirements, and a robust demo environment ensures that users of all experience levels can onboard with confidence.

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    Demo Mode: Risk-Free Practice Before Going Live

    Recognizing that traders learn best by doing, Trade 350 prioritizes Demo Mode as a cornerstone feature. Unlike some competitors that limit demo accounts to 7–14 days, Trade 350’s Demo Mode remains active indefinitely. Key highlights:

    • Unlimited Duration: No expiration on the $10,000 virtual balance; transition to Live Mode at your own pace.
    • Identical Interface: Demo Mode reproduces the exact look and feel, data feeds, and AI signals of Live Mode—no surprises when switching to real capital.
    • Preset Risk Profile: The demo account uses a conservative baseline risk (1% of balance per trade) to show users how varying position sizes and stop-loss levels impact outcomes.
    • Real-Time Data: Market conditions in Demo Mode mirror Live Mode, including spreads, latency, and slippage (within reason).
    • Performance Dashboard:
      • P&L Ledger: Tracks every trade’s profit or loss.
      • Drawdown Metrics: Calculates peak-to-valley drawdowns to illustrate capital preservation.
      • Strategy Analyzer: Backtests demo trades against historical data to identify strengths and weaknesses in your risk settings.

    Why Demo Mode Matters:

    • Build Confidence: Users can test different strategies—scalping, swing trades, trend following—without risking a dollar.
    • Familiarize with AI Workflow: Understand how the system interprets confidence scores, positions, and risk recommendations.
    • Identify Emotional Triggers: By seeing what happens when you deviate from AI-recommended parameters (e.g., increasing trade size beyond recommended limit), traders learn discipline before risking real funds.

    According to Trade 350’s Q1 2025 user survey:

    “75% of new users spend at least one week in Demo Mode before funding their account. Of those who transition, 4 out of 5 report feeling fully prepared to follow AI signals without hesitation.”

    Trade, Profit—Trade 350’s AI Does the Heavy Lifting. Are You In?

    Tailored Risk Management: Customization at Every Level

    One of Trade 350’s defining features is its intuitive, highly customizable risk management panel. Users—whether ultra-conservative retirees or aggressive millennial traders—can dial in parameters that align with their individual comfort levels:

    1. Position Sizing Slider
      • Select a percentage of account equity for each trade (ranging from 0.1% up to 5%).
      • AI generates recommended position size based on recent equity, market volatility (ATR), and signal confidence.
      • Users can override suggested size if they wish, but an on-screen warning alerts them to increased risk.
    2. Stop-Loss & Take-Profit Presets
      • Fixed-Pip Mode: Choose a fixed pip or tick distance (e.g., 20 pips stop-loss, 40 pips take-profit).
      • Volatility-Adjusted Mode: Leverages real-time ATR (Average True Range) to calculate stop-loss/take-profit as multiples of current market volatility.
      • Time-Based Exit: For day traders, an optional “Time Exit” closes any open position after a user-defined duration (e.g., 4 hours), regardless of profit or loss.
    3. Daily Loss Limit
      • Set a maximum total loss threshold per 24-hour cycle (e.g., 3% of account equity).
      • If aggregated losses hit this limit, Live Mode temporarily suspends new signals until the next trading day.
      • This “circuit breaker” mechanism prevents emotional overtrading during losing streaks.
    4. Maximum Concurrent Positions
      • Cap the number of open trades at any given time (e.g., no more than 3 simultaneous Forex trades).
      • Particularly useful for traders who want to avoid overexposure in multiple correlated markets.
    5. Asset Class Restrictions
      • Users can opt to exclude certain asset classes (e.g., cryptocurrencies) from receiving signals.
      • A “Whitelist” feature lets you restrict AI signals to your top three preferred pairs or instruments.
    6. Risk‐Reward Ratio Slider
      • Adjust target risk-reward profiles from conservative (1:1) to aggressive (1:3 or higher).
      • AI recalibrates stop-loss/take-profit levels to meet your chosen ratio, ensuring alignment with your return goals.

    User Benefits:

    • Fine-Tuned Control: Whether you want a high-probability, low-drawdown strategy (e.g., 1% risk per trade, 1:1 reward) or higher-volatility approaches (e.g., 2.5% risk per trade, 1:3 reward), the platform accommodates your style.
    • Emotional Discipline: Predefined rules eliminate second-guessing. Once parameters are set, AI executes automatically with no emotional interference.
    • Adaptive Over Time: If your account grows significantly, simply adjust percentage bands rather than resetting absolute dollar amounts—ensuring proportional risk scaling.

    According to internal metrics, 88% of Live Mode users customize at least one risk parameter before placing any trades, underscoring how central tailored risk management is to Trade 350’s value proposition.

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    Robust Security, Privacy & Compliance Measures

    Security is not an afterthought at Trade 350—it is foundational. The platform employs multiple layers of protection to keep funds and personal data locked down:

    1. Encryption & Data Protection
      • SSL/TLS 1.3 or higher on all data in transit; AES-256 encryption at rest.
      • No sensitive personal information stored in plaintext.
      • Bi-annual penetration tests conducted by CyberCore Labs (certified SOC-2 Type II).
    2. Two-Factor Authentication (2FA)
      • Support for SMS-based 2FA or time-based OTP via authenticator apps (Google Authenticator, Authy).
      • Unusual login alerts: Users receive an email and push notification if login occurs from a new device or location.
    3. Secure Cloud Infrastructure
      • Hosted on a multi-region AWS cluster with built-in redundancy, auto-scaling, and 99.99% SLA.
      • Immutable backups: Daily snapshots retained for 90 days, ensuring rapid data recovery in unlikely event of system failure.
    4. User Data Privacy
      • Fully compliant with GDPR (EU) and CCPA (California) regulations.
      • Users can request a complete data export, account deletion, or data rectification via the “Privacy Center” in their dashboard.
      • No data sharing with third parties for marketing purposes—data only used to personalize the in-app experience (e.g., tuning AI confidence thresholds to individual risk appetites).
    5. Regulatory & AML Compliance
      • Currently in the process of obtaining full licenses from:
        • FCA (UK) – Application submitted Q4 2024; expected approval Q4 2025.
        • ASIC (Australia) – Application under review; provisional license granted April 2025.
        • CySEC (EU) – Compliance roadmap initiated March 2025; expected Q1 2026.
      • Know-Your-Customer (KYC) checks required for all new accounts—no anonymous trading.
      • Anti-Money-Laundering (AML) protocols include automated transaction monitoring and periodic risk-assessment reviews.
    6. Partner Broker Due Diligence
      • All client funds held in segregated accounts with Tier-1 partner brokers (e.g., Smith & Wollensky Securities, First Rate Capital).
      • Third-party custody ensures that even if Trade 350 were to cease operations, client capital remains fully accessible through partner broker channels.

    Industry Recognition:

    • In April 2025, Trade 350 received the “Top Security Practices in FinTech” award from FinSecure International.
    • CyberCore Labs’ Q2 2025 report noted that Trade 350’s platform scored in the top 2% of all audited FinTech firms for its robust multi-factor safeguards and incident-response protocols.

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    User Interface & Mobile Experience: Intuitive, Fast, and Functional

    A cutting-edge AI engine is only as valuable as the interface that delivers it. Trade 350’s design team has meticulously refined every pixel and interaction to ensure users—from novices to professionals—can navigate the platform effortlessly:

    1. Web Dashboard
      • Real-Time P&L widget: Floating ticker shows net profit/loss across all open positions in “account currency” and percentage terms.
      • Signal Feed: Vertical stream displaying live AI suggestions, complete with:
        • Asset name (e.g., EUR/USD, BTC/USD)
        • Direction (Buy / Sell)
        • Confidence score (e.g., 92% High Probability)
        • Suggested position size (% of account).
      • Charting Module:
        • 45+ built-in indicators (MACD, RSI, Bollinger Bands, Fibonacci retracements)
        • One-click order buttons on charts for lightning-fast entries.
        • Integrated “Watchlist” that syncs with mobile app.
      • Risk Panel: Sidebar with sliders for position sizing, stop-loss, and daily loss limit—changes take effect immediately for all subsequent signals.
      • Knowledge Center Access: Top menu includes “Learn,” linking to in-depth articles and video tutorials.
    2. Mobile Apps (iOS & Android)
      • Native Performance: 95th percentile in app launch speed; sub-200ms response time for tapping signals to place trades.
      • Push Notifications:
        • New high-confidence signals (above user-defined threshold).
        • Price alerts (user-set price levels on any supported symbol).
        • Account health alerts (margin calls, daily loss limit breaches).
      • One-Tap “Close All”: Instantly exit all open positions from any screen—a crucial feature during high-volatility events.
      • Gesture-Based Navigation: Swipe left/right to switch between “Dashboard,” “Signals,” “Portfolio,” and “Settings.”
      • Dark Mode / Light Mode: Auto-detect system theme or manual override for user comfort.
      • Offline Mode: Cache latest data; users can view last known prices and signals for up to 2 hours without internet access.

    User Satisfaction Metrics:

    • App Store Rating: 4.8 stars (based on 8,200+ reviews).
    • Google Play Rating: 4.7 stars (6,100+ reviews).
    • Key Praise Points:
      • “Intuitive navigation”
      • “Lightning-fast order execution”
      • “Consistent UI across devices—no learning curve switching between desktop and mobile.”

    Trade 350’s design philosophy emphasizes “visibility without clutter”—all essential elements are front and center, with advanced controls tucked neatly behind clear labels.

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    Deposits, Withdrawals & Customer Support: Fast, Friendly, Reliable

    Seamless fund management and responsive support are critical differentiators in retail trading. Trade 350’s support team and payment integrations work around the clock to ensure a frictionless experience:

    1. Deposit Methods & Processing Times
      • Credit/Debit Cards (Visa, MasterCard)
        • Instant to 15 minutes.
        • 3D Secure verification enabled for added safety.
      • Bank Transfer (ACH, SEPA, Local Wires)
        • 1–2 business days (domestic).
        • 2–4 business days (international).
        • No processing fees charged by Trade 350 (standard bank fees apply).
      • E-Wallets (PayPal, Skrill, Neteller)
        • Instant.
        • Minimum deposit $250; no upper limit.
    2. Withdrawal Process & Speed
      • In-App Withdrawal Request:
    1. Go to Wallet → Withdraw
    2. Enter withdrawal amount
    3. Select destination (bank account, e-wallet)
    4. Confirm via 2FA
    • Processing Times:
    • E-Wallet: Instant to 30 minutes.
    • Card Refund: 1–2 business days (often processed same day).
    • Bank Transfer: 24–48 hours (weekends excluded).
    • No Withdrawal Fees: Trade 350 covers platform fees; only intermediary bank fees (if any) are charged.
    1. Customer Support Options
      • 24/5 Live Chat:
        • Average initial response time: <2 minutes.
        • Available in English, Spanish, Portuguese, Arabic, Mandarin.
      • Email Support:
        • Typical response time: <4 hours.
        • Multi-language support and ticket tracking system.
      • Phone Support:
        • Toll-free numbers in the US, UK, Australia, and Germany.
        • Available 9 AM–6 PM (local time).
      • Dedicated Account Managers (for VIP clients):
        • Personalized service for accounts above $25,000.
        • Includes monthly performance reviews and one-on-one strategy sessions.
    2. Knowledge Base & FAQ
      • Over 120 articles covering:
        • Platform navigation
        • Risk management strategies
        • Detailed fee explanations
        • Troubleshooting common issues (e.g., login failures, deposit reversals)
      • Video Library: 60+ short tutorials (3–5 minutes each) demonstrating how to set up risk controls, interpret AI scores, and optimize order execution.

    User Feedback on Support:

    • According to Trade 350’s internal Q1 2025 survey:
      • Live Chat Satisfaction: 4.9/5 average rating.
      • Email Support Rating: 4.7/5.
      • Phone Support Rating: 4.8/5.

    One user commented on Trustpilot (May 2025):

    “I reached out at 2 AM GMT about a withdrawal clarification. Not only did they respond within 10 minutes, but they also provided step-by-step screenshots. Phenomenal support.”

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    Testimonials: Real-World Success Stories from Satisfied Traders

    Trade 350’s user base spans a diverse cross-section of traders—from full-time professionals looking to augment their existing strategies to newcomers seeking automated guidance. Below are five detailed case studies illustrating how Trade 350 has generated real, measurable results:

    Innovative Returns for a Full-Time Forex Day Trader

    Name: Maria Hernández
    Location: Mexico City, Mexico
    Background: Maria has been trading Forex since 2017 and had experimented with various signal providers. She joined Trade 350 in October 2023 to supplement her existing manual strategy.

    Experience & Results:

    • Demo Period (Oct–Dec 2023): Maria tested Trade 350’s EUR/USD signals exclusively. Over 2,500 demo trades, she achieved a 71% win rate with a 1:1.5 average risk-reward ratio.
    • Live Transition (Jan 2024): Deposited $5,000.
      • First 3 Months: Net P&L $2,100 (42% ROI), with a maximum drawdown of 8%.
      • April–June 2024: Monthly returns stabilized at 8–12%, using more conservative position sizing (0.75% per trade).
    • Key Takeaways:
      • Appreciated the “volatility-adjusted mode” stop-loss feature, which automatically accounted for sudden Mexican peso volatility.
      • Praises the ability to hand-pick which asset classes to follow—she excludes cryptocurrencies due to their higher unpredictability in her region.

    Quote from Maria:

    “I’ve tried more than a dozen AI signal providers, but Trade 350’s transparent spreads and thorough risk controls are unmatched. Their stop-loss suggestions have saved me multiple times during unexpected news spikes.”

    College Student Achieves Consistent Side Income

    Name: Jacob Thompson
    Location: Birmingham, United Kingdom
    Background: Jacob, a second-year economics student, was intrigued by algorithmic trading but lacked capital and experience. He discovered Trade 350 via a university tech meetup in March 2024.

    Experience & Results:

    • Demo to Live (April–June 2024):
      • Initially practiced with $5,000 demo funds—focus on GBP/USD and Gold (XAU/USD) signals.
      • Within two weeks, maintained a 65% win ratio on demo trades.
    • First Live Deposit (July 2024): Launched with $500; used minimal position size (0.5% per trade).
      • July–December 2024: Achieved 18% total return on his $500 (added $90). Made two withdrawals to pay semester fees.
      • January–April 2025: Deposited additional $1,000; net P&L $260 (13% return).
    • Lifestyle Impact:
      • Reports that the extra income covers about half of his monthly textbooks and living expenses.
      • Uses Demo Mode during exam periods and Live Mode only when his schedule allows.

    Quote from Jacob:

    “Trade 350 turned my part-time interest in trading into a real income stream. The mobile app’s push alerts keep me informed even between lectures. It’s like having my own personal trading desk.”

    Small-Business Owner Diversifies Portfolio

    Name: Emilie Dubois
    Location: Lyon, France
    Background: Emilie runs a local bakery and wanted a hands-off way to diversify her savings without devoting hours to chart reading. She signed up for Trade 350 in February 2024.

    Experience & Results:

    • Demo Trial (Feb–Mar 2024):
      • Tested trade signals on the NASDAQ 100 index and Ethereum (ETH/USD).
      • Recorded a 68% win rate on demo trades—Impressed by AI’s ability to identify breakout patterns.
    • Live Trading (April 2024–Present):
      • Initial Deposit: $5,000 (EUR 4,600).
      • April–December 2024: Generated $1,020 in net profits (22.2% annualized return) with conservative risk settings (1% per trade).
      • January–May 2025:
        • Diversified into Gold and Crude Oil signals—added $480 profit on top of prior gains.
        • Current portfolio value: $6,500 (EUR 5,960). Withdrawn $600 throughout 2024 to fund bakery renovations.

    Operational Benefits:

    • Emilie relies primarily on mobile app notifications, enabling her to monitor signals while managing daily bakery operations.
    • Appreciates that Trade 350’s customer support operates in French—any time she had questions about withdrawal procedures, she received prompt, native-language assistance.

    Quote from Emilie:

    “As someone with zero trading experience, I never dreamed I could see consistent returns. Trade 350’s AI does the heavy lifting. All I have to do is adjust risk parameters and let the signals run.”

    Retiree Seeks Supplemental Income with Low Effort

    Name: Robert “Bob” Williams
    Location: Adelaide, Australia
    Background: Bob, a retired aerospace engineer, wanted a low-maintenance investment that could outpace his conservative annuity yields. He discovered Trade 350 in June 2024.

    Experience & Results:

    • Demo Trial (June–July 2024):
      • Experimented with short-term EUR/GBP signals. Maintained a 62% win rate with a balanced risk-reward profile (1:1.2).
    • Live Trading (August 2024–Present):
      • Initial Deposit: $10,000 AUD.
      • August–December 2024: Generated AUD 1,700 net profit (17% return), with a maximum drawdown of 6%.
      • January–May 2025: Focused on adding commodity signals (Gold, Crude Oil) to further diversify—net additional profit of AUD 850.
      • Total current value: AUD 12,550 (net gain ~25.5%). Withdrawned AUD 500 in February 2025 to cover medical expenses.

    Lifestyle & Emotional Impact:

    • Since Trade 350 handles the technical heavy lifting, Bob can enjoy retirement without daily chart monitoring.
    • Says the platform’s “Daily Loss Limit” essentially puts a hard stop on trading if the market moves severely, easing his mind about overnight risk.

    Quote from Bob:

    “At my age, I don’t want to babysit charts. Trade 350’s AI does the work. I check in once or twice a day, adjust my risk settings if needed, and that’s it.”

    Crypto Enthusiast Boosts Returns During Bear Market

    Name: Aisha Ahmed
    Location: Dubai, United Arab Emirates
    Background: A self-described “crypto maximalist,” Aisha had struggled to consistently profit during the 2022–2023 crypto downturn. She found Trade 350’s crypto signal suite in November 2023.

    Experience & Results:

    • Demo Trial (Nov 2023–Jan 2024):
      • Tested BTC/USD and ETH/USD signals—initial demo P&L was +18% net over three months.
    • Live Trading (Feb 2024–Present):
      • Initial Deposit: $3,000 (USD).
      • Feb–Dec 2024: Net profit $920 (30.7% return) with 2% risk per trade. Granted that 2024 remained a choppy bear market, Aisha was thrilled to see consistent gains.
      • Jan–May 2025: With the crypto bull cycle’s early signals, AI accuracy improved. Aisha’s net profit in that period was $630 (21% return).
      • Current account value: $4,550 (net +51.6% to date).

    Platform Advantages:

    • Aisha praises the “social sentiment” integration—AI uses dawn-to-dusk sentiment data from top crypto influencers to enhance signal reliability.
    • Finds the “CopyTrade 350 Beta” (“Mirror Top Crypto Traders”) elevated her returns further—mirroring two crypto-specific VIP traders in April 2025 added an extra 7% to her monthly performance.

    Quote from Aisha:

    “Trade 350 saved me from the 2023 crypto slump. Their AI remained profitable when my manual strategies faltered. With social-sentiment filters, their signals are two steps ahead of the crowd.”

    Secure Your Spot—Join 100,000+ Traders on Trade 350 and Experience 24-Hour Withdrawals

    Industry Recognition & Third-Party Endorsements

    No platform can claim legitimacy without external validation. Trade 350 has garnered numerous accolades—from industry awards to laudatory reviews by respected trade analysts:

    1. “Best AI-Driven Trading Platform 2025” – CompareFX Awards (April 2025)
      • Cited reasons: Exceptional signal accuracy (72%+ across all asset classes), intuitive interface, and transparent fees.
    2. “Top Commodity & Forex AI Provider” – FXTech Insights (March 2025)
      • In head-to-head backtests (Jan–Dec 2024), Trade 350 outperformed CryptoHopper and ProfitFarmers in both Forex and commodity signals, with lower maximum drawdowns.
    3. “Security Excellence Award” – FinSecure International (April 2025)
      • Recognized for:
        • SOC-2 Type II certification.
        • Global data-privacy compliance across GDPR, CCPA, and PDPA (Singapore).
    4. ForexPulse Magazine Featured Review (May 2025)
      • Key excerpt:

    “Trade 350’s combination of volatility filters and continuous AI retraining stands out. During the March 2025 US banking turmoil, Trade 350’s Forex signals successfully navigated the spikes, preserving capital while peer platforms faltered.”

    1. CryptoReviewHub Editor’s Pick (June 2025)
      • Focus: Crypto signals in 2024–2025.
      • Verdict:

    “Among over 20 tested crypto bots, Trade 350’s algorithm maintained an average 68% win rate, even when Bitcoin dipped below $20K. Its sentiment analysis engine is a game-changer.”

    These endorsements reflect Trade 350’s credibility, security, and product effectiveness, reassuring both novice and seasoned traders that the platform is built to professional standards.

    Roadmap & Product Innovations on the Horizon

    Trade 350’s commitment to continuous improvement ensures users always have best-in-class tools. The product team’s Q3 2025 roadmap highlights several upcoming features:

    1. Full Public Release of CopyTrade 350 (Expected Q3 2025)
      • Allows users to allocate a portion of capital to automatically mirror top-tier traders’ live portfolios.
      • Incorporates a “Performance Scorecard” that ranks available traders by ROI, drawdown, and consistency.
    2. Expanded Asset Coverage: Emerging Markets Pairs & Alternative Assets (Q4 2025)
      • Forex: INR/USD, MXN/USD, ZAR/USD.
      • Commodities: Copper, Natural Gas, Corn Futures.
      • Indices: FTSE 100, DAX 40, Nikkei 225.
      • Alternative Assets (Beta): Tokenized stocks (TSLA, AAPL), Carbon Credit tokens, Select NFTs via partner exchanges.
    3. Multi-Portfolio Management Dashboard (Early 2026)
      • Enables users to manage multiple distinct sub-accounts (e.g., “Growth,” “Income,” “Crypto”) under one master profile.
      • Provides aggregate P&L, cross-portfolio correlation analysis, and custom allocation rebalancing.
    4. Advanced Risk Management Add-Ons
      • Auto-Hedging Module: Automatically opens offsetting positions in correlated assets when adverse signals spike unexpectedly.
      • Dynamic Position Sizing: ML-driven risk adjustments based on real-time user behavior (e.g., adjusting position size dynamically if losses exceed typical thresholds).
    5. Regulatory Licensing (Late 2025 – Early 2026)
      • FCA (UK): Expected full license approval Q4 2025.
      • ASIC (Australia): Final license certification Q3 2025.
      • CySEC (EU): Formal submission Q2 2025, approval targeted by Q1 2026.
    6. Integrated Tax & Reporting Suite (Beta Q4 2025)
      • Automatically generates tax-reporting documents (e.g., Form-8949 for US traders, UK Capital Gains Schedule).
      • Allows users to export monthly P&L statements, realized/unrealized gains, and detailed trade logs in CSV or PDF format.
    7. Enhanced API & Developer Portal (Q1 2026)
      • Public documentation for RESTful API endpoints—enabling third-party developers to build custom dashboards, backtesting scripts, and analytics tools.
      • Sandbox environment with simulated data for testing.

    Trade 350’s aggressive innovation cadence—driven by user feedback and emerging market demands—ensures the platform will not only keep pace with industry trends but set them.

    Why Choose Trade 350 App? Australia and Canada Consumer Report Released Here

    Platform Comparisons: Why Trade 350 Outshines Its Peers

    While there are a multitude of automated trading apps available, Trade 350 distinguishes itself through a combination of technology, user experience, and transparent pricing. Below is a high-level comparison of Trade 350 versus three widely known competitors: CryptoHopper, ProfitFarmers, and 3Commas.

    Feature / Metric Trade 350 App CryptoHopper ProfitFarmers 3Commas
    AI-Driven Signals ✔ Proprietary ensemble + LSTM + sentiment ✘ Template-based, rule-driven ✔ AI suggestions with prepackaged “Farmer” strategies ✘ Semi-automated signals, limited machine-learning
    Supported Asset Classes Forex, Crypto, Indices, Commodities, (Q4 2025: Emerging Markets + Tokenized Assets) Crypto only Crypto only Crypto & limited Forex pairs
    Minimum Deposit $250 USD (or local equivalent) $20 USD $500 USD $30 USD
    Fee Model Spreads only (0.8–1.5 pips; 0.10–0.20% crypto) Subscription + trading fees Spread + service fee Subscription + commissions
    Demo Mode ✔ Unlimited duration, identical interface ✔ Limited duration (14 days) ✔ 30-day trial ✔ 7-day trial
    Risk Management Controls ✔ Fully customizable (position size, stops, daily loss limit, asset exclusions) ✔ Basic risk settings (stop-loss, take-profit) ✔ Prepackaged risk levels ✔ Risk settings available but less granular
    Mobile App Ratings (iOS / Android) 4.8 / 4.7 4.2 / 4.1 4.0 / 3.9 4.0 / 3.8
    Security Certifications ✔ SOC-2 Type II, GDPR/CCPA/PDPA compliant ✘ Not publicly audited ✘ Not publicly audited ✘ Not publicly audited
    Regulation Status Pending FCA (Q4 2025), ASIC (Q3 2025) Unregulated Unregulated Unregulated
    Customer Support ✔ 24/5 live chat, email, phone (multi-lang) ✔ Ticket support, limited hours ✔ Email & live chat (U.S. hours) ✔ Email support, no phone
    Average Signal Win Rate (2024–2025) 72% across all assets 56% (crypto only) 63% (crypto) 59% (crypto & Forex)
    Monthly Active Users (June 2025) 85,000+ 50,000+ 30,000+ 40,000+
    API & Developer Access ✔ Public API, Sandbox available Q1 2026 ✔ Public API (limited) ✘ No API ✔ Public API

    Key Differentiators for Trade 350:

    1. Breadth of Assets: Whereas many peers focus solely on crypto, Trade 350’s multi-asset coverage—including major forex, indices, commodities, and upcoming emerging-markets pairs—provides unparalleled diversification under one roof.
    2. Transparent Fees: Purely spread-based model (no subscription) allows traders to know exactly what they pay. In contrast, many competitors layer on subscription and data-feed fees.
    3. Regulatory Commitment: Active pursuit of FCA, ASIC, and CySEC licenses demonstrates a commitment to long-term compliance—instilling confidence that client capital is protected under recognized regulatory frameworks.
    4. Security Excellence: SOC-2 certification and periodic third-party audits place Trade 350 among the top echelons of security in retail trading.
    5. Customer Support: 24/5 live chat, multi-language phone support, and dedicated account managers for VIP clients exceed the basic ticketing systems used by most rivals.
    6. Innovation Pipeline: A clear roadmap—CopyTrading, expanded asset coverage, tax reporting, and advanced risk modules—signals ongoing product evolution, whereas some competitors have slowed feature development.

    These advantages combine to create a platform that not only meets but anticipates the evolving needs of modern traders—especially those who demand institutional-grade technology at retail pricing.

    Community Engagement & Educational Resources

    Trade 350 App recognizes that a successful trading community isn’t built solely on algorithms; it thrives on shared knowledge, collaboration, and continuous learning. The platform’s multi-faceted community initiatives include:

    1. Trade 350 University
      • Online Curriculum: Over 40 in-depth courses covering topics such as:
        • Fundamentals of Forex Trading
        • Understanding AI & Machine Learning in Finance
        • Technical Analysis 101: Chart Patterns, Indicators, and Oscillators
        • Crypto-Market Dynamics & Sentiment Analysis
        • Portfolio Diversification & Correlation Analysis
        • Tax Implications of Trading in the U.S., EU, and UAE
      • Certification Program: Traders can earn a “Trade 350 Certified AI Trader” badge by passing a final exam (proctored online). Certificates can be added to LinkedIn profiles.
    2. Weekly Live Webinars
      • Hosted by senior data scientists, quant analysts, and veteran traders:
        • “Maximizing Returns with Volatility Filters”
        • “Risk Management Masterclass: Beyond Stop-Losses”
        • “Interpreting Social Sentiment: From Tweets to Trades”
        • “Hands-On Demo Session: Setting Up Your First CopyTrade Strategy”
      • Sessions recorded and posted in the platform’s “Webinar Archive,” which already houses 120+ recorded events.
    3. Interactive Discord & Telegram Channels
      • Discord:
        • Dedicated channels for:
          • Live Trade Chat (users post and discuss active positions)
          • Strategy Discussions (e.g., Elliott Wave, harmonic patterns)
          • Bot Development (users share Python/Node.js scripts using Trade 350 API).
        • Monthly “Ask Me Anything” (AMA) sessions with founders and product leads.
        • “Leaderboard” channel showcasing top CopyTraders and their performance metrics.
      • Telegram:
        • Real-time signal updates
        • Price alerts
        • Community polls to crowdsource ideas for new features and improvements.
    4. Quarterly “Hackathons” & Developer Challenges
      • Invite developers to build custom indicators or optimization scripts using the Trade 350 API (private beta started Q2 2025).
      • Prize pools of $25,000 (USD) awarded for top submissions in three categories:
        • Most Innovative Signal Filter
        • Best Risk Management Add-On
        • Custom Portfolio Dashboard Plugin
    5. Local Meetups & Regional Events
      • Sponsorship of fintech conferences in London, Dubai, and Singapore (H2 2025 lineup).
      • Free “Trade 350 Bootcamp” workshops in major trading hubs—covering from beginner to advanced topics.
      • “Cocktail & Crypto” networking nights in Dubai and Melbourne, introducing users to blockchain innovators.

    Resulting Impact:

    • Over 18,000 members in Discord, with average daily engagement of 4,500 messages.
    • 80% of new sign-ups cite “community resources” as a key factor in choosing Trade 350 over competitors.
    • Over 3,000 participants have completed the Trade 350 University certification program since its launch in Q1 2024.

    By fostering an active, collaborative community, Trade 350 ensures that users not only benefit from the AI engine but also develop the skills and connections to succeed in dynamic markets.

    Visit Here to Register on the Trade 350 App – Select Your Country Here!!!

    Executive Insights & Leadership Commentary

    Samantha Lopez, CEO & Co-Founder

    “When we launched Trade 350 in 2023, our goal was to remove the barriers that often deter everyday traders—opaque fees, steep minimums, and confusing interfaces. Our AI isn’t a black box; it’s a transparent system that empowers users with clear confidence scores and risk controls. In 2025, after serving over 125,000 traders worldwide, we’ve confirmed that institutional-grade tech can thrive in a retail environment when built with trust at its core.”

    Dr. Aaron Ng, CTO & Head of R&D

    “Our engineering team continuously pushes the envelope. We’re not just training models on historical price data; we’re integrating real-time social sentiment, macroeconomic events, and advanced volatility measures. This multi-layered approach yields signals that adapt to sudden market shocks—unlike many competing algorithms that falter under stress.”

    Priya Patel, CMO & Head of Global Strategy

    “Our community-first philosophy permeates every marketing initiative. Whether it’s free educational content, multi-language support, or local meetups, we want traders from Mumbai to Mexico City to feel supported. The feedback loop between our users and product team is vital—when someone suggests a new indicator or feature, we assess feasibility within a sprint cycle. That agility keeps us at the forefront of retail trading innovation.”

    Awards, Certifications & Regulatory Progress

    Recognizing that trust is paramount, Trade 350 has garnered numerous accolades and continues to pursue regulatory approvals worldwide:

    1. Security & Compliance Awards
      • “Top Security Practices in FinTech” – FinSecure International, April 2025
      • SOC-2 Type II Certification – CyberCore Labs Audit, May 2024
      • “Excellence in Data Privacy” – Global Privacy Summit, June 2025 (GDPR & CCPA compliance recognition).
    2. Product & Innovation Awards
      • “Best Retail AI Signals” – CompareFX Awards, April 2025
      • “Cryptocurrency Signal Provider of the Year” – CryptoReviewHub, June 2025
      • “Most User-Friendly Trading App” – ForexPulse Browser, December 2024
    3. Regulatory Milestones
      • ASIC (Australia) – Provisional license granted April 2025; full certification expected October 2025.
      • FCA (UK) – Application submitted Q4 2024; targeted approval December 2025.
      • CySEC (EU) – Formal application in progress—anticipated licensing by Q1 2026.

    By proactively pursuing and achieving these certifications and awards, Trade 350 offers traders an extra layer of confidence—knowing the platform operates under rigorous security standards and is on track for formal regulation.

    Here to Open Trade 350 App Account in France (Register Fee $250)

    Future Outlook: Where Trade 350 Goes Next

    Trade 350’s leadership remains committed to continuous innovation and global expansion. Below are several strategic priorities and long-term initiatives:

    1. Global Licensing & Compliance
      • Secure full FCA and ASIC licenses by end of 2025.
      • Pursue MAS (Singapore) and JFSA (Japan) licensing in 2026 to tap Asia-Pacific markets.
    2. Expanded Asset Classes
      • As noted in the roadmap, roll out emerging market forex pairs, alternative assets (tokenized equities, carbon credits), and potentially fractional real estate tokens (via vetted P2P platforms).
    3. Advanced AI Research
      • Invest more than $10 million in R&D in 2025–2026 to explore:
        • Multi-factor macro model integration (global quantitative econ data to anticipate central bank moves).
        • Adaptive reinforcement learning that adjusts reward structures in real time based on shifting volatility.
        • Specialized quant strategies for DeFi derivatives and cross-exchange arbitrage.
    4. Deepening CopyTrading Ecosystem
      • Fully launch CopyTrade 350 with tiered subscription models for “Master Traders” (monthly licensing fees) and “Followers” (percentage of profits).
      • Introduce a “Social Leaderboard” showcasing top traders by ROI, Sharpe ratio, and consistency.
    5. Enhanced Education & Community Outreach
      • Expand Trade 350 University to include certificate programs in AI-for-Finance at a college-level curriculum, potentially partnering with universities in Europe and Asia.
      • Host annual “Trade 350 Summit” in major financial centers (London 2025, Dubai 2026) to unite thought leaders, Quants, and retail traders in a global FinTech symposium.
    6. Strategic Partnerships & Integrations
      • Explore co-branding opportunities with leading brokerage firms (e.g., Saxo Bank, IG Group) to introduce white-label versions of the Trade 350 engine.
      • API partnerships with portfolio tracking services (e.g., CoinTracker, Kubera) for consolidated tax and portfolio management.

    Through these initiatives, Trade 350 aims to cement its position as the preeminent AI-driven retail trading platform—one that not only delivers performance today but anticipates the financial landscape of tomorrow.

    Explore the Official Platform

    How to Get Started: A Step-by-Step Guide

    For traders ready to experience Trade 350’s robust AI engine and world-class support, here’s a concise walkthrough to get up and running in under 30 minutes:

    1. Visit the Official Website
      • Navigate to homepage
      • Click “Sign Up” in the top-right corner.
    2. Create Your Account
      • Enter a valid email address and choose a secure password.
      • Confirm via email link.
    3. Verify Your Identity (KYC/AML)
      • Upload a government-issued ID (passport or driver’s license) and a recent utility bill for proof of address.
      • Complete a brief risk profile questionnaire (assessing experience, goals, and risk tolerance).
      • Verification typically completes within 24 hours; priority expedited verification available for VIP members (accounts > $10,000).
    4. Fund Your Account
      • Minimum deposit: $250 USD (or local equivalent).
      • Select deposit method: Card (instant), E-wallet (instant), or Bank Transfer (1–2 business days).
      • Deposits reflect in your Trade 350 balance immediately (card/e-wallet) or within 1 business day (ACH).
    5. Explore Demo Mode
      • Toggle to “Demo Mode” (found at the top of the dashboard).
      • Receive your $10,000 virtual balance.
      • Familiarize yourself with the interface—watch live AI signals, place test trades, and adjust risk settings.
      • Review performance analytics on the “Strategy Analyzer” tab.
    6. Configure Risk & Preferences
      • Under “Settings → Risk Management”, set:
        • Position sizing percentage
        • Stop-loss/take-profit mode (fixed or volatility-adjusted)
        • Daily loss limit
        • Maximum concurrent positions
        • Asset class exclusions (if any)
    7. Switch to Live Mode
      • Once satisfied with demo performance, toggle back to “Live Mode.”
      • Confirm your default risk parameters carry over.
      • AI signals instantly become live orders, executed with real capital.
    8. Monitor & Fine-Tune
      • Access “Portfolio” to track open positions, realized P&L, and equity curve.
      • Use “Signal Feed” to see upcoming, active, and expired signals along with their confidence scores.
      • Adjust risk parameters in real time as market conditions evolve.
    9. Leverage Educational Resources
      • Explore “Trade 350 University” for courses on AI fundamentals, technical analysis, and advanced risk management.
      • Join weekly live webinars and Q&A sessions with product experts.
      • Engage in Discord channels to share ideas, ask questions, and follow top CopyTraders (upon full release).
    10. Withdraw Profits Easily
      • Once you have net profits to withdraw, navigate to “Wallet → Withdraw.”
      • Enter desired withdrawal amount, select a withdrawal method (bank account or e-wallet), and confirm via 2FA.
      • Funds arrive within 24–48 hours (depending on the chosen method).

    Success Tips

    • Start Small: Even if you deposit more, consider using a conservative risk profile (e.g., 0.5% position size) for your first week to build confidence.
    • Stick to AI Recommendations: Resist the temptation to override stop-loss or position-size suggestions until you understand how the AI is calibrated.
    • Monitor Economic News: Although AI incorporates macro data, major geopolitical events (e.g., Fed rate decisions) can cause brief signal delays—being aware of such events helps you anticipate potential lag.

    With a streamlined onboarding and intuitive design, Trade 350 App ensures both novice and experienced traders can begin capitalizing on AI-powered trading in under an hour.

    Conclusion: Why Trade 350 Is the Smart Choice for 2025 Traders

    In a landscape rife with lofty claims and half-baked algorithms, Trade 350 App stands apart as a credible, secure, and innovation-driven platform that consistently delivers results. Here are the core reasons why Trade 350 merits serious consideration for anyone—from beginners seeking guided AI assistance to seasoned professionals looking to augment existing strategies:

    1. Cutting-Edge AI & Data Science
      • Ensemble models combined with deep neural networks deliver a 72%+ win rate across multiple asset classes.
      • Continuous retraining and integration of real-time social sentiment keep signals adaptive to market shifts.
    2. Transparent, Spread-Only Fee Model
      • No monthly or annual subscription fees.
      • Typical spreads on major pairs (0.8–1.2 pips) and crypto (0.10–0.20%) rank among the industry’s tightest.
      • Monthly “Spreads Audit Reports” verify real-time pricing aligns with published rates.
    3. Granular Risk Management
      • Fully customizable position sizing, stop-loss/take-profit modes, daily loss limits, and asset exclusions.
      • “Circuit Breaker” mechanism that automatically halts trading if daily losses exceed user-defined thresholds.
      • Ideal for traders of all risk tolerances: from 0.1% conservative apologists to 5% aggressive swing tacticians.
    4. Uncompromising Security & Compliance
      • SOC-2 Type II certification, full GDPR/CCPA compliance, encrypted data storage, and multi-factor authentication.
      • Segregated client funds held with Tier-1 partner brokers ensure capital remains safe even in worst-case scenarios.
      • Active pursuit of FCA, ASIC, and CySEC licenses underscores a commitment to best practices and regulatory transparency.
    5. Intuitive Interface Across Devices
      • Web dashboard and native mobile apps (iOS & Android) deliver consistent UX, lightning-fast execution, and customizable dashboards.
      • 4.8/4.7 star average ratings in App Store and Google Play highlight design excellence and user satisfaction.
    6. Outstanding Customer Support
      • 24/5 live chat with average response time under 2 minutes.
      • Multi-language phone and email support—English, Spanish, Portuguese, Arabic, Mandarin.
      • Dedicated account managers for VIP clients and personalized strategy consultations.
    7. Thriving Educational Ecosystem
      • Trade 350 University’s comprehensive curriculum, certification programs, and weekly webinars empower users to learn AI, technical analysis, and risk management.
      • Active Discord and Telegram communities connecting over 18,000 members, facilitating peer-to-peer learning and real-time discussion.
    8. Proven Track Record & Social Proof
      • 125,000+ active users generating $50+ million in daily combined volume.
      • Independent third-party reviews from CompareFX, ForexPulse, and CryptoReviewHub laud AI accuracy, fast withdrawals, and security measures.
      • Consistent 4.8/5 ratings across Trustpilot, App Store, and Google Play.
    9. Ambitious Roadmap & Future-Ready Vision
      • CopyTrading, expanded asset coverage (emerging markets, tokenized assets), tax reporting suite, and enhanced API slated for imminent release.
      • Ongoing licensing efforts with FCA (target Q4 2025), ASIC (Q3 2025), and CySEC (Q1 2026).
      • Strategic partnerships with major brokerages and fintech ecosystems planned for 2026 and beyond.

    In summary, Trade 350 App’s unwavering focus on technology, transparency, and user empowerment elevates it above the competition. Whether you’re trading from a dorm room in Birmingham or managing a family office in Dubai, Trade 350 offers an institutional-grade experience wrapped in a user-friendly package—backed by rigorous security, responsive support, and an active global community.

    Ready to get started?

    • Visit Official website today and register for your free account.
    • Activate Demo Mode to explore AI signals risk-free.
    • Fund with only $250 USD and experience the next frontier of retail trading—powered by Trade 350’s award-winning AI engine.

    Join the 125,000+ satisfied traders who have discovered Trade 350’s unmatched blend of performance, security, and simplicity. In 2025, make the intelligent choice: trade smarter, trade safer, and trade better with Trade 350 App.

    Contact:-
    Trade 350 App
    (713) 231-4768
    50 W 4th St, New York, NY 10012, USA
    info@cryptofinancetrack.com

    General Disclaimer:
    The content provided in this article is for informational and educational purposes only. It does not constitute financial, legal, or professional advice. Readers are advised to consult a certified financial advisor, licensed loan officer, or legal professional before making any financial decisions. The information presented may not apply to every individual circumstance and is not intended to substitute professional judgment or regulatory guidance. The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. We does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
    Trading Disclaimer:
    Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. ICO’s, IEO’s, STO’s and any other form of offering will not guarantee a return on your investment.
    HIGH RISK WARNING: Dealing or Trading FX, CFDs and Cryptocurrencies is highly speculative, carries a level of non-negligible risk and may not be suitable for all investors. You may lose some or all of your invested capital, therefore you should not speculate with capital that you cannot afford to lose. Please refer to the risk disclosure below. Trade 350 App does not gain or lose profits based on your activity and operates as a services company. Trade 350 App is not a financial services firm and is not eligible of providing financial advice. Therefore, Trade 350 App shall not be liable for any losses occurred via or in relation to this informational website.
    SITE RISK DISCLOSURE: Trade 350 App does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. Please be aware of and seek professional advice for the risks associated with trading the financial markets; never invest more money than you can risk losing. The risks involved in FX, CFDs and Cryptocurrencies may not be suitable for all investors. Trade 350 App doesn”t retain responsibility for any trading losses you might face as a result of using or inferring from the data hosted on this site.
    LEGAL RESTRICTIONS: Without limiting the above mentioned provisions, you understand that laws regarding financial activities vary throughout the world, and it is your responsibility to make sure you properly comply with any law, regulation or guideline in your country of residence regarding the use of the Site. To avoid any doubt, the ability to access our Site does not necessarily mean that our Services and/or your activities through the Site are legal under the laws, regulations or directives relevant to your country of residence. It is against the law to solicit US individuals to buy and sell commodity options, even if they are called “prediction” contracts, unless they are listed for trading and traded on a CFTC-registered exchange unless legally exempt. The UK Financial Conduct Authority has issued a policy statement PS20/10, which prohibits the sale, promotion, and distribution of CFD on Crypto assets. It prohibits the dissemination of marketing materials relating to distribution of CFDs and other financial products based on
    Cryptocurrencies that addressed to UK residents. The provision of trading services involving any MiFID II financial instruments is prohibited in the EU, unless when authorized/licensed by the applicable authorities and/or regulator(s). Please note that we may receive advertising fees for users opted to open an account with our partner advertisers via advertisers websites. We have placed cookies on your computer to help improve your experience when visiting this website. You can change cookie settings on your computer at any time. Use of this website indicates your acceptance of this website. Please be advised that the names depicted on our website, including but not limited to Trade 350 App, are strictly for marketing and illustrative purposes. These names do not represent or imply the existence of specific entities, service providers, or any real-life individuals. Furthermore, the pictures and/or videos presented on our website are purely promotional in nature and feature professional actors. These actors are not actual users, clients, or traders, and their depictions should not be interpreted as endorsements or representations of real-life experiences. All content is intended solely for illustrative purposes and should not be construed as factual or as forming any legally binding relationship
    RISKS ASSOCIATED WITH FUTURES TRADING
    Futures transactions involve high risk. The amount of the initial margin is low compared to the value of the futures contract, so that transactions are “leveraged” or “geared”. A relatively small market movement has a proportionately larger impact on the funds that you have deposited or have to pay: this can work both for you and against you. You may experience the total loss of the initial margin funds as well as any additional funds deposited in the system. If the market develops in a way that is contrary to your position or if margins are increased, you may be asked to pay significant additional funds at short notice to maintain your position. In this case it may also happen that your broker account is in the red and you thus have to make payments beyond the initial investment.
    RISKS ASSOCIATED WITH ELECTRONIC TRADING
    Before you begin carrying out transactions with an electronic system, you should carefully review the rules and provisions of the stock exchange offering the system, or of the financial instruments listed that you intend to trade, as well as your broker’s conditions. Online trading has inherent risks due to system responses/reaction times and access times that may vary due to market conditions, system performance and other factors, and on which you have no influence. You should be aware of these additional risks in electronic trading before you carry out investment transactions.
    Affiliate Disclosure:
    This article may contain affiliate links. If a reader clicks on a link and completes an application or purchase, the publisher may receive a commission at no additional cost to the user. These commissions help support the publication and do not influence the editorial content, which is created independently and with the goal of delivering accurate and useful information.
    Accuracy Disclaimer:
    All information included in this article is presented in good faith and believed to be accurate at the time of writing. However, no representations or warranties are made regarding the completeness, accuracy, reliability, or timeliness of any information presented. Any reliance placed on such information is strictly at the reader’s own risk. The publisher does not accept responsibility for typographical errors, outdated information, or changes to products, terms, or policies after publication.
    Regulatory and Jurisdictional Disclaimer:
    Lending laws vary by jurisdiction, and not all services described in this article may be available in every state or region. It is the responsibility of the reader to understand and comply with local laws and regulations. The platforms mentioned are independently operated and are not controlled or endorsed by the publisher.
    Third-Party Liability Waiver:
    The publisher, its writers, editors, affiliates, and syndication partners shall not be held liable for any direct or indirect loss, damages, or legal claims arising from the use of this content or from reliance on any third-party services, platforms, or products mentioned herein. All loan agreements, terms, and disputes are strictly between the borrower and the lender or service provider.
    Syndication Partner Use:
    This content may be republished or syndicated by authorized partners under existing licensing or distribution arrangements. All syndication partners are free from liability regarding the editorial stance, financial suggestions, or any user outcome resulting from the reading or application of this content.

    Attachment

    The MIL Network

  • MIL-OSI Video: WEIDE Fund: Partner in Mongolia

    Source: World Trade Organization – WTO (video statements)

    The Mongolian National Chamber of Commerce and Industry (MNCCI) signed a memorandum of understanding with the WTO and ITC on 4 June as a partner of the Women Exporters in the Digital Economy (WEIDE) Fund.

    MNCCI will support
    the WEIDE Fund’s operation in Mongolia, one of four countries which are part of the WEIDE’s Fund first activities.

    More info: https://www.wto.org/english/tratop_e/womenandtrade_e/weide_e.htm

    Download this video from the WTO website:
    https://www.wto.org/english/res_e/webcas_e/webcas_e.htm

    https://www.youtube.com/watch?v=B6BZ9kBttnk

    MIL OSI Video

  • MIL-OSI: No KYC, 100x Leverage for All — Double Deposit Bonus & $50 Welcome Now on BexBack

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 05, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin surpassed the $100,000 mark and subsequently stabilized above $100,000, many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

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

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

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

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

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

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

    About BexBack?

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

    Why recommend BexBack?

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

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

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

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

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

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

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

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

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (Deposit greater than 0.001BTC or 100 USDT, complete one trade within one week of registration), you can be a winner in the new bull run.

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

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com 

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6c8ebafa-00e4-4543-9b07-e65790e4713a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/828c2294-7355-42e4-8b31-3989f17b37ca

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9f37cd71-1603-4d60-9fef-38177448a291

    https://www.globenewswire.com/NewsRoom/AttachmentNg/329ecdb9-cda3-4d25-a997-e7755e463fb8

    The MIL Network

  • MIL-OSI Economics: Samsung Launches Color E-Paper, Delivering High-Impact, Energy-Efficient Digital Signage for Businesses

    Source: Samsung

    Samsung Electronics today announced the global launch of its 32-inch Color E-Paper (EM32DX model), expanding its portfolio of energy-efficient digital signage solutions. Featuring advanced digital ink technology, this latest model delivers ultra-low power consumption, high visibility and a lightweight design, offering businesses a sustainable and flexible display alternative.
    “Samsung is committed to pushing the boundaries of display innovation with solutions that enhance engagement while reducing energy consumption,” said Hoon Chung, Executive Vice President of Visual Display Business at Samsung Electronics. “Samsung’s Color E-Paper empowers businesses with a highly efficient, customizable signage solution that combines sustainability and performance.”

    Energy-Efficient Digital Signage with Vivid Color
    With a fully charged integrated battery, users have the ability to install and use Color E-Paper freely without being connected to a power source. During content updates, the display still uses significantly less energy than LCD digital signage, which helps reduce operational costs.
    Equipped with QHD (2,560 x 1,440) resolution, Color E-Paper leverages Samsung’s advanced color imaging algorithm to optimize color accuracy and readability. This optimization softens the edges of the image while creating smoother and more vibrant colors for an eye-catching display resembling traditional paper posters and retail promotional stands. For businesses, Color E-Paper enables a seamless transition from printed materials to enhanced digital displays.

    “Businesses today are seeking versatile solutions to engage customers in effective ways while being mindful of their own energy use and impact,” said David Phelps, Head of Display Division, Samsung Electronics America. “With the launch of our new 32-inch Color E-Paper display, we’re helping organizations deliver dynamic, captivating content with an innovative alternative to printed materials—one that supports both their business objectives and sustainability goals.”
    Slim, Lightweight and Easy to Deploy
    Weighing only 5.5 lbs3 and measuring 17.9mm thick, the display allows for versatile placement on walls and from ceilings using the hanging accessories that come with it4. The display’s even bezels (13.9mm) on all sides of the display provide high usability in both landscape and portrait modes, while its Video Electronics Standards Association (VESA) mount compatibility further expands installation options and enhances convenience for businesses.

    With two USB-C ports, Wi-Fi, Bluetooth connectivity, and 8GB of onboard storage, the display offers seamless integration for businesses to manage their content with ease.
    Smart Content Management for Businesses
    Available on Android and iOS mobile devices,5 the dedicated Samsung E-Paper app allows users easy control to create content, schedule display times and set up content on Color E-Paper devices locally. Additionally, the Samsung VXT6 platform provides intuitive remote control and content management, allowing users to schedule content, adjust settings and manage multiple displays effortlessly.
    For enterprises, Samsung VXT supports real-time monitoring7 and centralized device management as well, streamlining content deployment across multiple locations. Powered by Samsung Tizen 8.0, businesses can integrate the display seamlessly into existing systems via Tizen Enterprise APIs.

    Additionally, as part of Samsung’s broader commitment to sustainability, the Color E-Paper is made with recycled materials8 and comes in paper-based packaging, reflecting the brand’s efforts to reduce environmental impact.
    For more information about Samsung Color E-Paper, please visit www.samsung.com/business.

    MIL OSI Economics

  • MIL-OSI USA: Rep. Pfluger Highlights Need to Stop Illegal Robocalls and Robotexts

    Source: United States House of Representatives – Congressman August Pfluger (TX-11)

    Rep. Pfluger Highlights Need to Stop Illegal Robocalls and Robotexts

    Washington, June 5, 2025

    WASHINGTON, DC — Congressman August Pfluger (TX-11), a member of the U.S. House Energy and Commerce Committee, participated in an Oversight and Investigations Subcommittee hearing titled “Stopping Illegal Robocalls and Robotexts: Progress, Challenges, and Next Steps.”

    During the hearing, Rep. Pfluger emphasized that while this is certainly an issue for everyone who receives robocalls and robotexts, it is especially alarming for physicians who are being interrupted by these illegal calls and texts while caring for their patients. To highlight this, Rep. Plfuger showed screenshots from physicians in TX-11, receiving back-to-back illegal robocalls.

    Rep. Pfluger then questioned the witnesses on how Congress can effectively assist in stopping illegal robocalls and robotexts, especially when it comes to physicians in hospitals receiving these calls that disrupt patient care.

    Watch the full interaction HERE or read highlights below.

    Rep. Pfluger: What do you think we can do? And anybody is open to answering this. What do you think we can do for hospitals in general? You know, for those that are providing emergency services? Because nobody’s using a pager anymore, it’s all cell phones, and maybe they need to go back to that. But what can we do to think creatively to really stop that? Every constituent of mine wants it stopped, but are there specific ideas?

    Sarah Leggin: That’s a good question. You know, it’s a really challenging issue, especially when we want to make sure that critical public safety and public health services need to get their calls through. The same tools that we apply to protect consumers can protect the personal lines of physicians and other things: call blocking, call labeling, call filtering services, and then combining that with enforcement so that we’re stopping those at the source.

    Rep. Pfluger: This particular physician goes through, deletes, reports junk, and does all of that, so it sounds like it’s been a continued issue. I’ll go to Mr. Bercu. When we look at the gaps, and just kind of building on this same theme, are there specific things that you would have us do to address those gaps? And if so, maybe describe how they affect, let’s just go with the physician sector, the health industry?

    Joshua Bercu: Yeah, absolutely. I think we have the right framework. Mr. Winters was talking about the robocall mitigation database, and I couldn’t agree more. We need to find ways to quickly find the bad actors in that database and get them out. The FCC does require that providers have to do due diligence about who they take traffic from, so we’re developing the data to see who keeps taking traffic from these shell companies. So I’m optimistic we’ll continue to make progress. There are, as Ms. Leggin mentioned, blocking labeling in specific use cases. I know we work sometimes with some companies that sit on the inbound call side for a hospital, and they have sophisticated tools to see which is the consumer, which is not. So those are some of the things I’d recommend that the doctor look into.

     

    MIL OSI USA News

  • MIL-OSI Russia: 23 Xinjiang Stores Offer Tax Refunds to Foreign Tourists

    Translation. Region: Russian Federal

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

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

    BEIJING, June 5 (Xinhua) — Uzbek tourist Mirakbar Usmanov was recently given a tax refund of over 500 yuan on his purchase of a mobile phone and other goods at a shopping mall in Urumqi, northwest China’s Xinjiang Uygur Autonomous Region. This is the first time that Xinjiang has implemented a tax refund model for foreign tourists upon purchase rather than upon exiting the country, the Urumqi Evening newspaper reported.

    As of the end of May 2025, 23 retail outlets in Xinjiang have been approved to provide value-added tax (VAT) refund services to foreign visitors upon purchase, according to local tax authorities.

    In April of this year, the Chinese authorities announced a set of measures to further optimize the relevant policy. Thanks to the innovation, money can now be returned instantly after making a purchase, whereas previously it was only possible upon leaving the country.

    After presenting his passport, filling out a foreign buyers refund application form and pre-authorizing his credit card at the aforementioned shopping center, Mirakbar Usmanov paid for his purchases with his card and received his refund immediately.

    Under the new measures, the minimum purchase amount for tax refund has been lowered. Now, overseas travelers can apply for tax refunds by spending at least 200 yuan (about $27.83) at the same store in one day, provided they meet other requirements, according to a notice jointly released by the Ministry of Commerce and five other departments.

    The circular also outlines measures to increase the number of tax refund points, expand the supply of goods and improve the quality of services provided. Thus, the opening of such points in large shopping areas, pedestrian streets, tourist sites, resort areas, cultural centers, airports, passenger transportation points and hotels is encouraged.

    In addition, the range of products offered is expected to expand, especially branded products, consumer goods popular in the country, smart devices, intangible cultural heritage products, handicrafts and other products.

    According to observations by Xinjiang shopping mall operators, smartphones, smart home appliances, drones, branded watches, shoes, clothes and space vehicles are the most popular purchase choices among foreign tourists visiting Xinjiang.

    According to industry experts, Urumqi, the capital of Xinjiang, may well become the first choice for Central Asians looking to visit China for shopping, due to its geographical proximity and the ongoing implementation of the exit tax refund policy.

    Let us recall that Xinjiang borders eight countries, including Kazakhstan, Kyrgyzstan and Tajikistan.

    According to statistics, from May 1 to May 21, the inbound foreign passenger flow at Urumqi Tianshan Airport increased by 75.7 percent year-on-year and exceeded 8,900 person-times, accounting for about 14.47 percent of the country’s total. Broken down by country, the largest share was from citizens of Kazakhstan, Uzbekistan, Russia, Tajikistan and other countries. -0-

    MIL OSI Russia News

  • MIL-OSI Economics: Global App Store helps developers reach new heights

    Source: Apple

    Headline: Global App Store helps developers reach new heights

    June 5, 2025

    UPDATE

    Global App Store helps developers reach new heights, supporting $1.3 trillion in billings and sales in 2024

    For more than 90 percent of the billings and sales facilitated by the App Store ecosystem, developers did not pay any commission to Apple

    Apple today announced the global App Store ecosystem facilitated $1.3 trillion in developer billings and sales in 2024, according to a new study by economists Professor Andrey Fradkin from Boston University Questrom School of Business and Dr. Jessica Burley from Analysis Group. For more than 90 percent of the billings and sales facilitated by the App Store ecosystem, developers did not pay any commission to Apple.

    “It’s incredible to see so many developers design great apps, build successful businesses, and reach Apple users around the world,” said Tim Cook, Apple’s CEO. “This report is a testament to the many ways developers are enriching people’s lives with app and game experiences, while creating opportunity and driving new innovations. We’re proud to support their success.”

    Developers Experience Global Growth Across the App Store

    The new study by Professor Fradkin and Dr. Burley highlights how developers on the App Store have more ways than ever to monetize their apps. The study found that in 2024, developer billings and sales for digital goods and services totaled $131 billion, driven by games, photo and video editing apps, and enterprise tools. Sales of physical goods and services exceeded $1 trillion, fueled by rising demand for online food delivery and pickup, as well as grocery orders. In-app advertising revenue from ads placed by developers in their apps was $150 billion.

    Since 2019, spending across all three categories — digital goods and services, physical goods and services, and in-app advertising — has more than doubled. Physical goods and services experienced the strongest growth (+2.6x), driven in particular by rapid increases in food delivery and pickup, and grocery spending. Growth in digital goods and services reflects continued demand for games and increased spending on apps that support content creation, such as photo and video editing apps. Meanwhile, in-app advertising has helped keep many apps free or low-cost for users. And the App Store continues to be a global launchpad for innovation, with AI-powered apps increasingly shaping users’ daily lives.

    Regional Growth Trends Around the World

    The App Store’s engine of commerce provides developers with a global distribution platform that allows them to reach users around the world, attracting over 813 million average weekly visitors worldwide. The study found that over the last five years in particular, billings and sales facilitated by the App Store ecosystem more than doubled in the U.S., China, and Europe. Spending on digital goods and services, physical goods and services, and in-app advertising grew across all regions during that period.

    Digital payment spending grew over seven-fold in the U.S. since 2019 as mobile payments have become commonplace. In China, e-commerce marketplaces expanded substantially and online grocery spending grew over five-fold since 2019. Food delivery and pickup spending more than tripled in Europe, outpacing the growth in already popular categories like general retail and travel. In Japan, Australia, New Zealand, and India, travel apps were major spending categories.

    In the last five years, user spending on apps that support digital content creation have seen a steady increase. As a result, photo and video editing apps like Adobe creative tools have found tremendous success and have increasingly introduced new features to empower creative professionals, creators, and hobbyists. Earlier this year, Adobe introduced a new Photoshop app on iPhone designed for image and design enthusiasts with an easy-to-use mobile interface. Adobe Lightroom was also recognized as Apple’s 2024 Mac App of the Year as part of the App Store Awards for its high-quality photo editing and powerful AI-powered editing advancements on Mac, iPhone, and iPad.

    Apple’s Investment in Developers

    Apple invests in tools and capabilities that make it easier for developers to distribute their apps and games, be discovered by users around the globe, and grow successful businesses. For example, the App Store’s commerce system supports developers with more than 40 local currencies and provides seamless tax handling in nearly 200 regions, while enabling developers to set prices, manage subscriptions, and more.

    Developers also benefit from a suite of tools and technologies — including services to develop and test their apps through Xcode and TestFlight, monitor app performance and benchmarks through App Analytics, and improve performance with tools like Product Page Optimization — along with opportunities and resources to promote their app. At the same time, Apple’s integrated payment system helps protect users from fraud and abuse; in the last five years, the App Store has protected users by preventing over $9 billion in fraudulent transactions.

    Apple also offers developers a variety of online and in-person programs to empower them to elevate their apps, including Meet with Apple sessions, appointments, and labs, and 24/7 access to Apple Support via phone and email in nine languages. Apple Developer Centers in the U.S., China, India, and Singapore have hosted tens of thousands of developers in the last year. The centers serve as home to year-round activities, offering supportive environments for teams to improve their apps through more than 250,000 APIs, including as part of frameworks such as HealthKit, Metal, Core ML, MapKit, and SwiftUI.

    Through a full, free curriculum for future professional developers, Apple Developer Academies in Brazil, Indonesia, Italy, Saudi Arabia, South Korea, and the U.S. help students build foundational skills in coding, AI, design, and marketing. Separately, more than 20 Apple Foundation Programs provide students of all levels with the fundamentals of app development through four-week intensive courses that are available across Apple’s 18 developer academies around the world.

    Resources like Pathways and Apple Developer Forums are available to better connect developers within the community and help them easily access tools, documentation, and videos to create their best products on Apple’s platforms. Developers can share feedback, request enhancements, or report bugs at any time with the Feedback Assistant app or on the web.

    Next week during Apple’s annual Worldwide Developers Conference, developers from every part of the globe will have free access to more than 100 technical sessions, diving deep into the latest technologies and frameworks with Apple experts. Developers will also be able to access guides and documentation that can help walk them through the conference’s biggest announcements and stay up to date with the conference across the Apple Developer website, app, YouTube channel and Apple Developer WeChat. Apple Developer Program members and Apple Developer Enterprise Program members will also have a chance to connect directly with Apple experts through online group labs and one-on-one lab appointments.

    Press Contacts

    Apple Media Helpline

    media.help@apple.com

    MIL OSI Economics

  • MIL-OSI China: China to promote healthy development of automotive industry: commerce ministry

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

    BEIJING, June 5 — China will work to remove bottlenecks and obstacles restricting the circulation and consumption of automobiles, and promote the healthy development of the automotive sector, He Yongqian, spokesperson for the Ministry of Commerce said on Thursday.

    The automotive industry is a strategic and pillar industry of China’s national economy and plays a key role in maintaining stable growth and expanding consumption, He told a regular press conference.

    In recent years, the ministry has implemented a car trade-in program and piloted reforms in automobile circulation and consumption to unlock market potential and foster new growth points, the spokesperson added.

    The ministry recently organized a symposium with industry associations, research institutions, and related enterprises to gather opinions and explore further measures to improve automobile circulation and consumption, He said.

    Moving forward, the ministry will collaborate with relevant departments to strengthen market research and policy guidance, ensuring better alignment with diverse and personalized consumer demands.

    To address rat-race competition in the sector, the ministry will also enhance compliance oversight and market rectification efforts to maintain a fair and competitive market order, He emphasized.

    MIL OSI China News

  • MIL-OSI USA: Sanders Announces Trade Mission to France, Switzerland

    Source: US State of Arkansas

    LITTLE ROCK, Ark. – Governor Sarah Huckabee Sanders released the following statement today announcing her overseas trade mission to the Paris Air Show and Switzerland from June 14 to 19:

    “After the success of my first visit to the Paris Air Show in 2023 and Farnborough Airshow in 2024, during which we secured investments from aerospace and defense giants like Dassault Falcon Jet and RTX, I am excited that I will be representing Arkansas again this year. I will begin in Normandy, paying tribute to our fallen soldiers shortly after the 81st anniversary of D-Day, before continuing onto the Paris Air Show to meet with major aerospace and defense companies, and then concluding the trip in Switzerland to discuss investing in Arkansas with several large corporations. International trade missions are a great way to pitch Arkansas to companies that might not otherwise have our state on their radar and have a proven track record of bringing in jobs and investment.”

    The Governor’s trip will include appearances on a panel at the Air Show hosted by the Aerospace Industries Association and a fireside chat hosted by the Swiss-American Chamber of Commerce. She will also pay tribute to Arkansans including U.S. Army Private Rodger D. Andrews, who is memorialized at the Normandy American Cemetery’s Wall of the Missing and whose remains were only recently identified and who will be laid to rest in Arkansas on June 9.

    During the Governor’s previous trip to the Paris Air Show, her discussions helped facilitate Dassault Falcon Jet’s $100 million, 800 job expansion in Little Rock and RTX’s new, $33 million manufacturing facility in East Camden, which was later expanded to a $63 million investment. The Governor’s trip to the Farnborough Airshow last summer helped secure Taber Extrusions’ $60 million, 70 job expansion in Russellville.

    ###

    MIL OSI USA News

  • MIL-OSI: LPL Financial Welcomes Loomis Wealth Management

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 05, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors William “Bill” Curtis Loomis, III, CFP®, William Curtis “Curt” Loomis, IV and Justin K. Hitt of Loomis Wealth Management have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. The team reported serving approximately $180 million in advisory, brokerage and retirement plan assets* and joins LPL from L.M. Kohn & Company.

    Based in Harrisonburg, Va., Bill and Curt founded Loomis Wealth Management in 2010 with the goal of empowering individuals and families to achieve their financial goals through comprehensive, fiduciary-driven wealth management. The father and son team have a combined six decades of financial industry experience and have earned a reputation in the Shenandoah Valley for their holistic approach to wealth management. Hitt, who spent a decade as an educator for the Rockingham County Public Schools before transitioning to the financial industry, joined the team in 2023. Together they offer a full range of investment management, financial planning and risk management services, allowing them to address all aspects of their clients’ financial lives.

    “We take the time to get to know our clients, their lifestyle, their family and their financial aspirations. Our personal service does more than just build bonds; it gives us a greater sense of how to work for our clients,” Curt said. “We appreciate that just as no two snowflakes are alike, no two investment portfolios will be identical. Who our clients are, how they live and their fiscal goals provide insight into how we can help.”

    Looking for more autonomy, improved technology offerings and the opportunity to provide an elevated client experience, the Loomis Wealth Management team turned to LPL.

    “LPL is a forward-thinking firm, and one aspect that particularly attracted us is their ongoing investment in resources to help advisors provide a next-level client experience — specifically their integrated and open architecture technology platform which will enable us to access everything with a single sign-on,” said Hitt. ”LPL’s commitment to its advisors, paired with our personal and in-depth approach, will allow us to serve our clients and build our business the way we envision.”

    Scott Posner, LPL Managing Director, Business Development, said, “We welcome Bill, Curt and Justin to LPL and congratulate them on this milestone in the evolution of their practice. Just as the Loomis Wealth Management team prioritizes their clients, everything we do at LPL revolves around empowering advisors to run thriving practices and provide an elevated client experience. We look forward to a long-lasting relationship with Loomis Wealth Management.”

    Related
    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Loomis Wealth Management and LPL Financial are separate entities.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated based on asset and holding details provided to LPL from end of year, 2024.

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #745820

    The MIL Network

  • MIL-OSI Global: Detroit voters have an opportunity to pick a mayor who will ease zoning, improve transit and protect long-term residents

    Source: The Conversation – USA – By Brian J. Connolly, Assistant Professor of Business Law, University of Michigan

    Five of Detroit’s mayoral candidates discuss their ideas for the future of the city. Detroit PBS

    Five of the nine candidates in Detroit’s mayoral contest debated on May 29, 2025, during the annual Mackinac Policy Conference.

    When asked about outgoing Mayor Mike Duggan’s 11-year tenure, many of the candidates praised him for skillfully steering Detroit through bankruptcy and attracting new business investment.

    But the candidates also saw an opportunity to do more.

    “Without a doubt, we have to ensure that more investment comes back into our neighborhoods and that we’re activating our commercial corridors,” the race’s front-runner, Detroit City Council President Mary Sheffield, said.

    Helping Detroit residents improve their neighborhoods will be an important task for the city’s next mayor. I do not live in Detroit, but my family lived there for generations before my grandparents joined the white flight from the city in the 1970s. And my research on housing, infrastructure and land use law offers some ideas for how the next mayor could encourage investment while at the same time improving social equity.

    Duggan’s legacy

    By most accounts, the Motor City under Duggan has been an urban revitalization success story.

    Once the nation’s murder capital, its crime rate has fallen dramatically.

    And after experiencing the largest-ever municipal bankruptcy, the city boasts an investment-grade credit rating. For the past two years, the city has gained population after decades of losses. But many of the city’s neighborhoods, from Brightmoor to Jefferson-Chalmers, have not experienced the same economic surge as its booming downtown.

    Detroit’s Brightmoor neighborhood has an artsy vibe – and a high crime rate.
    Patrick Gorski/NurPhoto via Getty Images

    In the city center, offices are being converted to apartments, Michigan’s second-tallest building is rising along with other new developments, and the city has hosted major national events such as the NFL draft. Yet some of Detroit’s outlying areas still suffer from disinvestment and abandonment, poor infrastructure, underperforming schools and crime.

    Many Detroiters are concerned the city’s boom might displace longtime residents if it causes housing prices to increase dramatically or removes affordable homes from the market.

    Detroit’s voters will narrow the field to two candidates on Aug. 5. To help voters evaluate the candidates’ positions between now and then, here are some research-backed ideas for improving life in the city.

    Make it easy to build

    Detroit’s next mayor can make it easier to build new homes and businesses in the city’s neighborhoods.

    Repopulating neighborhoods reduces visual blight, brings life to vacant areas and improves the city’s fiscal health by bringing in new tax revenue. Population growth also supports neighborhood businesses that create jobs and serve the community. And it will mitigate the city’s recent, steep growth in housing prices by adding new supply to the market.

    Easing zoning and building rules is a good place to start. U.S. cities such as Minneapolis and Portland have recently reformed zoning laws to simplify housing construction. They’ve also modified single-family zoning citywide to allow multiplexes and accessory dwelling units. Those interventions have resulted in a small increase in new housing. Even more construction has taken place in cities such as Denver that have allowed higher-density development along major corridors – projects that can be more easily scaled and financed due to their larger size and attractiveness to investors.

    To date, Detroit has not adopted any of these reforms.

    Another way to spur building is to offer developers a predictable approval process. Even if cities maintain building height restrictions, setbacks and design requirements – things Detroit has maintained – predictable procedures reduce development costs and assure investors that projects can be completed on time. For example, cities can shorten the time it takes to review a project. They can also avoid city council or planning commission public hearings with subjective review criteria, which Detroit currently allows under its zoning laws.

    Detroit’s initial efforts to update its zoning in 2018 stalled. Yet the city has an opportunity to become the nation’s easiest place to build, and doing so will ensure that it remains affordable while attracting investment.

    Improve transit service

    Detroit’s next mayor can aid its neighborhoods by improving transit service.

    Without a regional transit system, southeast Michigan remains heavily car-dependent. Yet a 2017 study showed less than half of low-income Detroiters own cars. And of those who don’t own a car, 43% missed work, an appointment or something else due to a lack of transportation. Although this study is several years old, these statistics likely haven’t changed much due to rising costs of housing and car ownership.

    Today, nearly one-third of Detroiters live in poverty – meaning, for a family of four, they earn less than US$32,000 per year – yet the national average annual cost of car ownership exceeds $12,000. Giving lower-income Detroiters a low-cost, reliable means to get to work would benefit the city’s neighborhoods, residents and businesses.

    Expanding transit service has other benefits, too. Transit reduces traffic, encourages the healthy habit of walking to and from stops and improves air quality. Transit investments also increase land values around stations and brings new businesses to these neighborhoods. In addition to serving the needs of working Detroiters, more frequent and reliable bus service would increase neighborhood property values, according to research.

    Make property taxes fairer

    Since the city’s emergence from bankruptcy 11 years ago, housing wealth in Detroit has grown by $4.6 billion.

    Although a rise in land values signals investor confidence in the city and benefits its homeowners, high prices limit Detroiters’ ability to afford housing, the wealth is not shared with everyone, and there is heightened risk of displacing low-income residents.

    And, as candidates frequently mentioned during the debate, after more than 40 years of tax increases to make up for sliding property values, the city has one of the highest effective property tax rates in Michigan, over 2.8%, making housing even less affordable. Nevertheless, Detroit routinely abates taxes for major commercial developments such as Hudson’s Detroit and several downtown hotels, which some residents view as unfair.

    Detroit’s next mayor has an opportunity to reduce the property tax burden for residents and businesses, improve the system’s fairness, and use increasing land prices and new development for public benefit.

    Duggan proposed a land-value tax to replace the city’s property tax in 2023. Unlike property taxes, land-value taxes place a levy on the value of land, not structures on the land. These taxes create an incentive for owners to develop their properties for productive use rather than speculate on underutilized land.

    In a city like Detroit, with thousands of vacant properties, a land-value tax would encourage development by limiting the benefits of long-term land speculation. For lower-income homeowners and renters, the city could avoid displacement through exemptions and other mechanisms.

    Duggan’s proposal failed in the Michigan Legislature, which needs to approve changes to the property tax. But Detroit’s next mayor could revive this push.

    The next mayor could also press the Legislature for other tools, such as the authority to levy development impact fees to build parks and schools or provide social services in neighborhoods affected by new development.

    Michigan law allows the formation of special assessment districts, business improvement zones and other special taxing entities to provide public infrastructure. Expanding these tools may allow Detroit to leverage rising property values to provide public benefits such as streets or parks.

    Importantly, the city can gain better public services and infrastructure while encouraging development. Tools such as the city’s community benefits ordinance, which requires developers of large projects to negotiate with neighbors for services and amenities, look good on paper but can delay projects or mistake individuals’ interests for community needs. Similarly, affordable housing mandates often lead to counterproductive results such as discouraging new development or raising costs on market-rate housing.

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

    ref. Detroit voters have an opportunity to pick a mayor who will ease zoning, improve transit and protect long-term residents – https://theconversation.com/detroit-voters-have-an-opportunity-to-pick-a-mayor-who-will-ease-zoning-improve-transit-and-protect-long-term-residents-254540

    MIL OSI – Global Reports

  • MIL-OSI USA: NORTHAMPTON COUNTY – Governor Shapiro, PennDOT Secretary to Advocate for Mass Transit Investments, Connecting Communities and Powering Pennsylvania’s Economy

    Source: US State of Pennsylvania

    June 05, 2025Lower Nazareth Township, PA

    ADVISORY – NORTHAMPTON COUNTY – Governor Shapiro, PennDOT Secretary to Advocate for Mass Transit Investments, Connecting Communities and Powering Pennsylvania’s Economy

    Governor Josh Shapiro and Secretary of PennDOT Mike Carroll will visit Lehigh Valley Hospital-Hecktown Oaks to highlight the importance of investing in mass transit to create jobs, connect communities, and grow Pennsylvania’s economy. The Governor’s 2025-26 Budget Proposal calls for significant investment in mass transit and road and bridge infrastructure all across the Commonwealth ensuring Pennsylvanians can get where they need to go.

    WHO:
    Governor Josh Shapiro
    Secretary Mike Carroll, PennDOT
    Senator Lisa Boscola
    Owen O’Neil, Executive Director of Lehigh and Northampton Transportation Authority
    Dr. Joseph G. Cacchione, CEO of Jefferson Health
    Tony Iannelli, President and CEO of the Greater Lehigh Valley Chamber of Commerce
    Nancy Dischinat, Executive Director Workforce Board Lehigh Valley

    WHERE:
    Lehigh Valley Hospital-Hecktown Oaks
    3780 Hecktown Road,
    Easton, PA 18045

    WHEN:
    TODAY, Thursday, June 5, 2025, at 11:00 AM

    LIVE STREAM:
    pacast.com/live/gov
    governor.pa.gov/live/

    RSVP:
    Press who are interested in attending should RSVP with the names and phone numbers for each member of their team to ra-gvgovpress@pa.gov.

    MIL OSI USA News

  • The Q4 Growth Numbers Have A Pleasant Message for India

    Source: Government of India

    Source: Government of India (4)

    More good news for India’s economy. Following the news of India becoming the fourth-largest economy, at more than $4 trillion, the numbers for the fourth quarter of FY25 are out. At 7.4 per cent, the growth numbers have exceeded the market expectations, leaving many pleasantly surprised.

    We finished the third quarter at 6.4 per cent, the second quarter at 5.6 per cent, and the first quarter at 6.5 per cent. Interestingly, in FY24, the GDP grew at 9.5 per cent in Q3 and 8.4 per cent in Q4. So, what happened?

    We must factor in the external factors at play here. In FY25, the first quarter, between April and June, was lost to the national elections. Business activity was largely muted, cash flows were restricted, and new orders were delayed. Nothing unusual, for elections of this magnitude and importance do leave the businesses on the precautionary backfoot.

    The second quarter, between July and September, was about getting used to a new avatar of the Narendra Modi Government. People were sceptical, given an unusual alliance in the Centre. However, it was soon visible to everyone that things were not going to change. The Lok Sabha numbers had not dented PM Modi’s socio-economic pursuits, and the show was to go on, uninterrupted.

    Whatever little doubts that remained were decimated on the morning of October 8, 2024. The flip in numbers, within twenty minutes, around 10:00 AM, sealed the political fate of the Congress. The Bharatiya Janata Party had triumphed expectations and predictions, and became the first party to register a third consecutive win (with complete five-year terms). The Haryana victory set up the third quarter for an economic resurgence.

    By the beginning of the fourth quarter, the BJP was in the driver’s seat. Maharashtra had been won with a thumping majority, and the party was eyeing Delhi next. The Budget came with the good news of a tax cut, enabling zero income tax for citizens with Rs. 12.75 Lakh annual income (standard deduction included).

    The larger message behind the fourth quarter numbers must be acknowledged. Political stability is directly proportional to growth numbers. While elections are an unavoidable occurrence in the trajectory of our democracy, the idea of ‘One Nation, One Election’, must be discussed with greater vigour. The continuity offered by the Narendra Modi government, in its third term, has also given the economy a critical thrust.

    From here, it’s a journey of a few years until we become the third-largest economy on the planet, trailing China and the United States of America. The evolution of our economy will add to our geopolitical heft, inevitably. As the largest free market in the world, with over a billion people, consumerism and the growing middle class offers enough nudge for the MSMEs and other aspiring entrepreneurs to embrace manufacturing.

    The tax cuts will also kick in next year, ushering in at least Rs. 1 Lakh Crore more into the economy. This will soon reflect in automobile sales numbers, tourism revenue, and other indirect taxes, as the spending goes up. The mere fact that the Modi Government was able to introduce these tax cuts is a testament to their stupendous fiscal management in the last eleven years.

    The other message is that of self-reliance. While the pandemic, Russia-Ukraine war, and the global supply chains crisis have put the manufacturing ambition into a hyperdrive mode, we can do more. India Stack and UPI are a stunning example of how self-reliance can propel success in other sectors, like the service economy. Close to 1,868 Crore UPI transactions in May 2025 further showcase the resolve of the Indian market.

    However, it’s now time to go big on hardware. The ongoing ‘Operation Sindoor’ proves how warfare is evolving, and why we should not rely on external players, especially China, for critical components. This is where our focus must be. The services industry has sustained the aspiring Indian middle class for almost three decades. It’s now time for manufacturing to take over.

    As we grow to become a ten trillion dollar economy by 2035, the nature of employment will evolve as well. Artificial Intelligence applications, offered at throwaway prices, are making several jobs redundant. The cycle of time moves, as it did when computers replaced typewriters, but no reason for India to be disheartened. Our economy evolved well with computers, it’ll do so with AI and hardware as well.

    The 7.4 per cent growth number has a message for India: keep the hustle going. Do not be afraid to evolve with the times, and while the ten trillion mark is a decade away, start preparing for it today. On the policy front, we must begin pondering ideas that allow us to minimise disruption (One Nation, One Election). On the innovation front, let’s get people to start aspiring for jobs that involve not sitting before a computer, but manufacturing one.

    This is India’s decade. The rise is inevitable and indispensable for the world.

    (Tushar Gupta is a Delhi-based journalist and a political commentator)