NewzIntel.com

Category: Commerce

  • MIL-OSI Russia: D. Trump to Announce New NASA Administrator Nominee

    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

    WASHINGTON, June 1 (Xinhua) — U.S. President Donald Trump will soon announce a new candidate to lead the U.S. National Aeronautics and Space Administration (NASA) after his decision to withdraw the nomination of Jared Isaacman, a close ally of Elon Musk, the White House said Saturday.

    “After careful review, I am withdrawing Jared Isaacman’s nomination to lead NASA,” Trump wrote on Truth Social. “I will soon announce a new nominee who will live up to the mission and put America first in space.”

    Late last year, Trump named billionaire and amateur astronaut J. Isaacman as his candidate to head NASA. The Senate Committee on Commerce, Science, and Transportation approved his nomination in late April.

    J. Isaacman, a close associate of I. Musk and a major client of his company SpaceX, has purchased several private space flights from the company for hundreds of millions of dollars. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: China’s trade-in consumer goods sales exceed 1.1 trillion yuan

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    BEIJING, June 1 (Xinhua) — China’s trade-in consumer goods sales totaled 1.1 trillion yuan (about 153.1 billion U.S. dollars) in the first five months of this year, data from the Ministry of Commerce showed Sunday.

    According to the department, during the reporting period, the nationwide program to replace old consumer goods with new ones led to a significant increase in the number of transaction volumes, including 4.12 million vehicles, 77.62 million units of home appliances and 56.63 million units of digital products such as mobile phones and others.

    The program, part of China’s broader efforts to boost domestic demand, has contributed to a robust rise in consumer spending in the country, the ministry said.

    As noted in the Government’s March 2025 work report, stimulating consumption was identified as one of the top priorities for the year.

    Retail sales of consumer goods, a key measure of the country’s consumption, rose 4.7 percent year-on-year in January-April 2025, faster than the 4.6 percent growth recorded in the first quarter of this year, official data showed. -0-

    MIL OSI Russia News –

  • Piyush Goyal commences official visit to France, Italy to boost economic ties

    Source: Government of India

    Source: Government of India (4)

    Union Commerce and Industry Minister Piyush Goyal began his three-day official visit to France on Sunday as part of a five-day tour of France and Italy from June 1 to 5. The visit is aimed at further strengthening India’s strategic and economic partnerships with key European nations.

    During his stay in France, the Minister will hold bilateral meetings with senior French officials, including Minister of Economy Eric Lombard and Trade Minister Laurent Saint-Martin. The discussions will focus on enhancing Indo-French economic ties, trade collaboration, and exploring investment opportunities in priority sectors.

    As part of his engagements, Goyal will participate in the India-France Business Round Table and the India-France CEO Forum. He is expected to meet senior leadership from leading French companies such as Vicat, TotalEnergies, L’Oréal, Renault, Valeo, EDF and ATR. The forums aim to deepen industry-level cooperation and foster greater dialogue between businesses from both countries.

    Speaking ahead of the visit, Goyal said, “France is a longstanding partner in India’s growth journey. This visit is an opportunity to reinforce our economic collaboration, encourage two-way investments, and support innovation-led partnerships.”

    The Minister will also represent India at the informal gathering of World Trade Organization (WTO) Ministers, held on the sidelines of the OECD Ministerial Council Meeting in Paris. He will articulate India’s views on key global trade issues, including reform of the multilateral trading system and inclusive growth.

    Goyal will hold a series of bilateral meetings with international counterparts during the visit. These include the UK Secretary of State for Business and Trade Jonathan Reynolds, Singapore’s Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong, and Saudi Arabia’s Minister of Commerce Dr. Majid bin Abdullah Al-Kasabi.

    The Minister will also meet Israel’s Minister for Trade and Investment Nir Barkat, Nigeria’s Minister for Trade, Industry and Investment Dr. Jumoke Oduwole OON, and Brazil’s Foreign Minister Mr. Mauro Luis Iecker Vieira. These interactions are expected to advance India’s global trade outreach and provide momentum to the ongoing India-EU Free Trade Agreement negotiations.

    In addition, Goyal will engage with senior EU officials, including European Commissioner for Trade and Economic Security Maroš Šefčovič and Agriculture Commissioner Christophe Hansen. The talks will focus on boosting India-EU cooperation in trade, technology, and agriculture.

    Goyal will continue the second leg of his visit in Italy from June 3, where further engagements with industry leaders and government officials are scheduled.

  • MIL-OSI China: Fiscal, financial reforms to boost China’s development zones: Expert

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

    China’s national-level economic and technological development zones (ETDZs), long recognized as crucial drivers of economic growth and technological innovation, are set to undergo a significant upgrade, according to Luo Weijie, an economist focusing on macroeconomy and fiscal policies. 

    On May 21, the Ministry of Commerce released a work plan aimed at deepening reform and innovation in the country’s ETDZs. The plan outlines 16 targeted measures across four key areas, including encouraging foreign investment in sectors such as biomedicine and high-end equipment manufacturing, and supporting the export of digital services.

    Luo Weijie, associate professor of economics at Beijing International Studies University, pointed out that the new fiscal and financial support measures for ETDZs are expected to play a greater role in driving economic growth, attracting investment and promoting innovation. Once in place, the measures will facilitate the ETDZs to achieve high-quality development and contribute to China’s broader economic strategy. 

    One of the key measures is supporting entities that are involved in the construction and operation of development zones in going public to raise funds. According to Luo, this will provide the entities with more capital to accelerate infrastructure construction and improve the carrying capacity of the zones. He cites the Suzhou Industrial Park’s development entity, China-Singapore Suzhou Industrial Park Development Group Co. Ltd.’s successful public listing on the A-share market, as a prime example of how such financing can provide robust support for the development of ETDZs.

    Another measure outlined in the plan is providing more precise financial support to small- and medium-sized enterprises (SMEs) based on their contributions to innovation, which is important because SMEs frequently face difficulties in obtaining financing, despite often serving as the driving force behind innovation and job creation. Luo emphasized that through targeted financial support, these SMEs will have more resources to invest in R&D, technology upgrades and market expansion, thereby enhancing their competitiveness and contributing to the overall innovation ecosystem of the development zones.

    The plan allows local governments to use special-purpose bonds and other funds more flexibly to support the development of national-level ETDZs. As such, local governments will be able to allocate these funds to key areas such as infrastructure construction, public service platforms and major industrial projects within the zones, which Luo explained will boost the overall investment environment and attractiveness of the zones. For instance, in the first three months of 2025, local governments in China issued new bonds worth nearly 1.24 trillion yuan, including around 960 billion yuan in special-purpose bonds. This kind of financial support can significantly boost the development of ETDZs by providing them with the necessary capital for projects that can drive economic growth and job creation.

    In line with China’s commitment to green development, the plan encourages ETDZs to develop green financial services to support the growth of green, low-carbon and circular industries. By integrating green finance into the development of ETDZs, China aims to promote sustainable economic growth while addressing environmental challenges. According to Luo, this will not only help to reduce the carbon footprint of the zones, but also create new opportunities for green industries and technologies in the global transition toward a low-carbon economy.

    On May 27, the State Council Information Office hosted a policy briefing on the work plan, providing detailed data regarding the achievements of the zones. At the briefing, Ling Ji, vice minister of commerce and deputy China international trade representative, highlighted the critical role that ETDZs are playing in opening up and development. 

    Ling pointed out that China has so far established more than 230 national-level ETDZs. In 2024, these zones collectively achieved $27.2 billion in actual foreign direct investment (FDI), or 23.4% of the national total, which demonstrates the significant role these zones play in attracting investment and driving economic growth.

    As China continues to leverage ETDZs as key platforms for economic development, Luo anticipates that these zones will likely have a profound impact on both the domestic and global economic landscapes.

    MIL OSI China News –

  • Trump pulls Musk ally’s NASA nomination, will announce replacement

    Source: Government of India

    Source: Government of India (4)

    The White House withdrew on Saturday its nominee for NASA administrator, Jared Isaacman, abruptly yanking a close ally of Elon Musk from consideration to lead the space agency.

    President Donald Trump said he would announce a new candidate soon.

    “After a thorough review of prior associations, I am hereby withdrawing the nomination of Jared Isaacman to head NASA,” Trump wrote on his Truth Social site.

    “I will soon announce a new nominee who will be mission aligned, and put America First in space.”

    Isaacman, a billionaire private astronaut who had been Musk’s pick to lead NASA, was due next week for a much-delayed confirmation vote before the U.S. Senate. His removal from consideration caught many in the space industry by surprise.

    Trump and the White House did not explain what led to the decision.

    “It may not always be obvious through the discourse and turbulence, but there are many competent, dedicated people who love this country and care deeply about the mission,” Isaacman said in a post on X.

    “That was on full display during my hearing, where leaders on both sides of the aisle made clear they’re willing to fight for the world’s most accomplished space agency.

    “I am incredibly grateful to President Trump, the Senate and all those who supported me.”

    His removal comes days after Musk’s official departure from the White House, where the SpaceX CEO’s role as a “special government employee” leading the Department of Government Efficiency created turbulence for the administration and frustrated some of Trump’s aides.

    Semafor reported the news earlier.

    According to a person familiar with his reaction, Musk was disappointed by Isaacman’s removal.

    “It is rare to find someone so competent and good-hearted,” Musk wrote of Isaacman on X, responding to the news.

    It was unclear whom the administration might tap to replace Isaacman.

    One name being floated is retired U.S. Air Force Lieutenant General Steven Kwast, an early advocate for the setting-up of the U.S. Space Force and Trump supporter, according to three people familiar with the discussions.

    Isaacman, the former CEO of payment processor company Shift4, had broad space industry support but faced concerns from lawmakers over his ties to Musk and SpaceX, where he spent hundreds of millions of dollars as an early private spaceflight customer.

    The former nominee had donated to Democrats in prior elections. In his confirmation hearing in April, he sought to balance NASA’s existing moon-aligned space exploration strategy with pressure to shift the agency’s focus on Mars, saying the U.S. can plan for travel to both destinations.

    As a potential leader of NASA’s roughly 18,000 employees, Isaacman faced a daunting task of implementing that decision to prioritize Mars, given that NASA has spent years and billions of dollars trying to return its astronauts to the moon.

    On Friday, the space agency released new details of the Trump administration’s 2026 budget plan that proposed killing dozens of space science programs and laying off thousands of employees, a controversial overhaul that space advocates and lawmakers described as devastating for the agency.

    Montana Republican Tim Sheehy, a member of the Senate Commerce, Science and Transportation committee, wrote on X that Isaacman “was a strong choice by President Trump to lead NASA” in response to reports of his departure.

    “I was proud to introduce Jared at his hearing and strongly oppose efforts to derail his nomination,” Sheehy said.

    Some scientists saw the nominee change as further destabilizing to NASA as it faces dramatic budget cuts without a confirmed leader to navigate political turbulence among Congress, the White House and the agency’s workforce.

    “So not having (Isaacman) as boss of NASA is bad news for the agency,” Harvard-Smithsonian astronomer Jonathan McDowell said on X.

    “Maybe a good thing for Jared himself though, since being NASA head right now is a bit of a ‘Kobayashi Maru’ scenario,” McDowell added, referring to a no-win situation cadets face in the science fiction franchise Star Trek.

    (Reuters)

  • MIL-OSI USA: Mfume, House and Senate Democrats Send Letter Calling on GAO to Investigate Federal Worker Firings

    Source: United States House of Representatives – Congressman Kweisi Mfume (MD-07)

    WASHINGTON, D.C. –  In response to the Trump Administration’s unprecedented purge of tens of thousands of federal workers without cause, Ranking Member of the House Committee on Oversight and Government Reform Subcommittee on Government Operations Rep. Kweisi Mfume (MD-07), Ranking Member of the House Appropriations Subcommittee on Financial Services and General Government (FSGG) Congressman Steny H. Hoyer (MD-05), Ranking Member of the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies Senator Chris Van Hollen (D-MD), Ranking Member of the Senate Appropriations Subcommittee on FSGG Senator Jack Reed (D-RI), Ranking Member of the Senate Committee on Homeland Security and Governmental Affairs Senator Gary Peters (D-MI), Acting Ranking Member on the House Committee on Oversight and Government Reform Rep. Stephen F. Lynch (MA-08), and Ranking Member of the House Committee on Oversight and Government Reform Subcommittee on Delivering On Government Efficiency (DOGE) Rep. Melanie Stansbury (NM-01) led more than 30 Democrats in sending a letter to Comptroller General of the United States Gene L. Dodaro calling on the Government Accountability Office (GAO) to provide Congress with regular updates on how the Trump Administration’s personnel actions are affecting the federal workforce.

    “Over the past several months, the civil service has undergone an unprecedented level of change as tens of thousands of federal employees have been terminated, resigned, or placed on administrative leave,” the Members wrote. “Americans are already feeling the consequences – longer wait times for Social Security assistance, delayed veterans’ benefits, and disrupted disaster response are just a few examples of how these personnel actions are impacting people across the country. We are deeply concerned about the impact these actions will have on our government’s capacity to design, develop and deliver efficient services that connect agencies with the people they serve and meet the needs of the public.”

    Signatories include: Senator Angela D. Alsobrooks; Rep. Yassamin Ansari; Rep. Wesley Bell; Rep. Donald Beyer; Rep. Sanford D. Bishop, Jr.; Senator Richard Blumenthal; Rep. Shontel Brown; Rep. Greg Casar; Rep. Jasmine Crockett; Rep. Sarah Elfreth; Rep. Maxwell Frost; Rep. Robert Garcia; Rep. Glenn Ivey; Senator Timothy Kaine; Rep. Ro Khanna; Rep. Raja Krishnamoorthi; Rep. Summer Lee; Rep. April McClain Delaney; Rep. Jennifer McClellan; Rep. Dave Min; Senator Patty Murray; Rep. Eleanor Holmes Norton; Senator Alex Padilla; Rep. Emily Randall; Rep. Jamie Raskin; Senator Bernard Sanders; Senator Brian Schatz; Rep. Lateefah Simon; Rep. Suhas Subramanyam; Rep. Rashida Tlaib; Rep. Eugene Vindman; and Senator Mark R. Warner.

    The full text of the letter is included below:

    May 29, 2025
     

    The Honorable Gene L. Dodaro
    Comptroller General of the United States
    Government Accountability Office
    441 G Street, N.W.
    Washington D.C. 20548

    Dear Comptroller General Dodaro:

    The 2 million federal employees who work across our country are the backbone of our federal government and are responsible for delivering vital services to the American people. These individuals dedicate their lives to public service and ensure our government fulfills its mission to make our country safer, healthier and more prosperous.

    Over the past several months, the civil service has undergone an unprecedented level of change as tens of thousands of federal employees have been terminated, resigned, or placed on administrative leave. Americans are already feeling the consequences – longer wait times for Social Security assistance, delayed veterans’ benefits, and disrupted disaster response are just a few examples of how these personnel actions are impacting people across the country. We are deeply concerned about the impact these actions will have on our government’s capacity to design, develop and deliver efficient services that connect agencies with the people they serve and meet the needs of the public.

    To assist our oversight of the federal government’s personnel actions, we request that the Government Accountability Office provide us with regular briefings to ensure Congress has timely data and information on the status of the federal workforce. Specifically, we request that GAO begin providing the information following each quarter through the end of fiscal year 2028 to be scheduled in coordination with applicable staff. Information on the total number of the following groups of federal employees in the 24 CFO agencies categorized by agency of employment, location, occupation and tenure by quarter –

    a. All terminated federal employees who are separated for any reason;

    b. Federal employees who took the deferred resignation program offer;

    c. Federal employees in their probationary period;

    d. Federal employees in their probationary period who were terminated;

    e. Federal employees on administrative leave.

    f. Federal employees hired.

    Any difficulties experienced by the Office of Personnel Management (OPM) in its collection, analysis, and publication of human capital data.

    Thank you for your attention to this matter.

    Sincerely,

    ###

    MIL OSI USA News –

  • MIL-OSI Australia: Light Rail Stage 2A business support measures

    Source: Northern Territory Police and Fire Services

    The ACT Government has announced a targeted business support package.

    In brief

    • The ACT Government is providing support to help the businesses impacted by light rail construction work in and around London Circuit.
    • Support is both practical and financial.
    • The initiatives aim to ease cost pressures and encourage visitation to the area.

    The ACT Government is providing support to help the businesses impacted by light rail construction work in and around London Circuit.

    Support is both practical and financial, with a focus on easing cost pressures and encouraging visitation to the area.

    The package was informed by the impacted businesses and designed to help during the disruption.

    Light Rail Stage 2A business support measures

    • Free parking Wednesday to Sunday evenings from 5:30pm (effective immediately) at nearby public car parks including:
      • Theatre Lane Car Park (opposite Sydney Building)
      • City Hill Car Park (Section 116)
      • Canberra Olympic Pool Car Park (City southeast)
      • Note: The existing parking hours at Hobart Place are already aligned with these times.
    • Outdoor dining permit fee waivers from 1 July 2025 for businesses directly impacted by construction activities
    • New CCTV cameras to be installed and upgraded around London Circuit to support safety during night-time trading
    • A campaign launching mid-year to promote that London Circuit is open for business, spotlighting local venues and retailers
    • Place making improvements including additional lighting delivered by the City Renewal Authority
    • Business Capability Building Program offering free tailored advice

    Expanded liquor licence fee reductions

    This targeted package will be supported from 1 July by expanded liquor licence fee reductions available to all eligible ACT hospitality businesses up to a 350-person capacity, building on significant reductions introduced in 2024.

    An automatic 50% liquor fee reduction will be expanded to cafes, restaurants and general licences up to 150-person capacity.

    Previously the 50% discount was only applicable to cafes and restaurants up to 80-person capacity.

    A 50% liquor fee reduction will be expanded to venues showcasing artists between 151 to 350-person capacity, available upon application, in addition to the existing fee reduction of 80% for venues up to 150-person capacity.

    Support local

    Light Rail is transforming the city into a vibrant and well-connected place to do business.

    However, with construction there is an impact on nearby business.

    Canberrans are encouraged to show their support by visiting their favourite businesses in the city.

    More information

    Business owners in the London Circuit area will be contacted directly with further information on how to access support. The ACT Government will continue engaging with stakeholders as the project progresses.

    Click here for more information.

    Get ACT news and events delivered straight to your inbox, sign up to our email newsletter:


    MIL OSI News –

  • MIL-OSI USA: SBA Offers Disaster Assistance to Kansas Small Businesses, Private Nonprofits and Residents Affected by May Storms

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to Kansas small businesses, private nonprofits and residents to offset physical and economic losses from the severe storm and tornado occurring May 18. The SBA issued a disaster declaration in response to a request SBA received from Gov. Laura Kelly on May 28.

    The disaster declaration covers the Kansas counties of Gove, Graham, Lane, Logan, Ness, Scott, Sheridan, Thomas and Trego.

    Businesses and nonprofits are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

    Homeowners and renters are eligible to apply for home and personal property loans and may borrow up to $100,000 to replace or repair personal property, such as clothing, furniture, cars, and appliances. Homeowners may apply for up to $500,000 to replace or repair their primary residence.

    Applicants may be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include insulating pipes, walls and attics, weather stripping doors and windows, and installing storm windows to help protect property and occupants from future disasters.

    SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries and private nonprofit (PNP)organizations impacted by financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises.

    EIDLs are for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. They may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    Interest rates are as low as 4% for businesses, 3.62% for nonprofits, and 2.81% for homeowners and renters with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    “When disasters strike, SBA’s Disaster Loan Outreach Centers play a vital role in helping small businesses and their communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “At these centers, SBA specialists assist business owners and residents with disaster loan applications and provide information on the full range of recovery programs available.”

    Beginning Tuesday, June 3, SBA customer service representatives will be on hand at the Disaster Loan Outreach Center (DLOC) to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application. Walk-ins are accepted, but you can schedule an in-person appointment in advance at appointment.sba.gov.

    The DLOC hours of operations are as follows.

    GOVE COUNTY
    Disaster Loan Outreach Center
    Grinnell Senior Center
    105 S. Adams St.
    Grinnell, KS  67738

    Opens at 11 a.m., Tuesday, June 3

    Mondays – Fridays, 8:00 a.m. – 4:30 p.m.

    Closes at 4:30 p.m., Wednesday, June 25

    To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return physical damage applications is July 28, 2025. The deadline to return economic injury applications is March 2, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News –

  • MIL-OSI USA: SBA Opens Disaster Loan Outreach Center in Benton

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced today the opening of a Disaster Loan Outreach Center (DLOC) in Saline County to assist small businesses, private nonprofit (PNP) organizations and residents affected by severe storms, tornadoes and flooding occurring April 2-22.

    Beginning Monday, June 2, SBA customer service representatives will be on hand at the Disaster Loan Outreach Center in Benton to answer questions and assist with the disaster loan application process. No appointment is necessary, walk-ins are welcome. Those who prefer to schedule an in-person appointment in advance can do so at appointment.sba.gov.

    The center’s hours of operation are as follows:

    SALINE COUNTY
    Disaster Loan Outreach Center
    Saline County Career and Technical Campus
    Conference Room B202
    13600 I-30 North
    Benton, AR  72015

    Opens at 8:00 a.m., Monday, June 2

    Mondays – Fridays, 8:00 a.m. – 4:30 p.m.

    Closes at 4:30 p.m., Friday, June 20

    The following DLOCs are open and continue to serve survivors:

    SHARP COUNTY
    Disaster Loan Outreach Center
    City Hall – Cave City
    Conference Room
    Entrance and parking at back of building
    201 S. Main St.
    Cave City, AR  72521

    Mondays – Fridays, 9:00 a.m. – 6:00 p.m.
    Saturdays, 9:00 a.m. – 1:00 p.m.

    SHARP COUNTY
    Disaster Loan Outreach Center
    Hardy Fire Station
    203 Church St.
    Hardy, AR  72542

    Mondays – Fridays, 9:00 a.m. – 6:00 p.m.
    Saturdays, 9:00 a.m. – 1:00 p.m.

    “When disasters strike, SBA’s Disaster Loan Outreach Centers perform an important role by assisting small businesses and their communities,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the U.S. Small Business Administration. “At these centers, our SBA specialists help business owners and residents apply for disaster loans and learn about the full range of programs available to support their recovery.”

    Businesses and nonprofits are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

    Homeowners and renters are eligible to apply for home and personal property loans and may borrow up to $100,000 to replace or repair personal property, such as clothing, furniture, cars, and appliances. Homeowners may apply for up to $500,000 to replace or repair their primary residence.

    Applicants may be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include insulating pipes, walls and attics, weather stripping doors and windows, and installing storm windows to help protect property and occupants from future disasters.

    The SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and private nonprofit organizations impacted by financial losses directly related to these disasters. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

    EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    Interest rates are as low as 4% for small businesses, 3.62% for nonprofits, and 2.75% for homeowners and renters with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA determines eligibility and sets loan amounts and terms based on each applicant’s financial condition.

    To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return physical damage applications is July 21, 2025. The deadline to return economic injury applications is Feb. 23, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News –

  • MIL-OSI USA: Cantwell, Colleagues Urge Additional Funding to Keep Communities Safe

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    05.31.25
    Cantwell, Colleagues Urge Additional Funding to Keep Communities Safe
    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, joined 29 Senate Democratic colleagues in urging the Senate Committee on Appropriations to fund the Community Oriented Policing Services (COPS) Hiring Program at a minimum of $270 million for Fiscal Year 2026.
    In Fiscal Year 2024, six police departments in Washington state received a total of $3.75M to hire 31 police officers.
    Amid a nationwide shortage of police officers, the COPS Hiring Program is critical for keeping communities safe and reducing taxpayer costs related to crime by providing funding directly to law enforcement agencies to increase their community policing capacity and crime prevention efforts.
    “The COPS Hiring Program represents a fiscally responsible solution to ensure that our communities remain safe. CHP provides funds directly to law enforcement agencies to hire new or rehire additional career law enforcement officers and to increase their community policing capacity and crime-prevention efforts,” the lawmakers wrote.
    “When officers establish a presence on their patrols using community-policing principles, they can develop positive relationships with the communities they serve.  In turn, these relationships increase law enforcement’s ability to solve local crimes and resolve public safety problems,” the lawmakers continued. “This proactive approach to policing prevents crime from occurring, saving taxpayers the high societal costs associated with crime, incarceration, and services for victims.”
    Sen. Cantwell is a longtime champion of the COPS program and the Byrne Memorial Justice Assistance Grants (JAG) program, which help equip and enable local law enforcement to address drug trafficking.
    The National Fraternal Order of Police, National Association of Police Organizations, the U.S. Conference of Mayors, Federal Law Enforcement Officers Association, and the Major Cities Chiefs Association support the Senators’ funding request.
    Led by Senator Ben Ray Luján (D-NM), the letter was also signed by U.S. Senators Jacky Rosen (D-NV), Ruben Gallego (D-AZ), Tina Smith (D-MN), Raphael Warnock (D-GA), Tim Kaine (D-VA), Tammy Baldwin (D-WI), Kirsten Gillibrand (D-NY), Mark Warner (D-VA), Angus King (I-ME), Ron Wyden (D-OR) Michael Bennet (D-CO), Tammy Duckworth (D-IL), Brian Schatz (D-HI), Jack Reed (D-RI), Jeff Merkley (D-OR), Chris Coons (D-DE), Mark Kelly (D-AZ), Sheldon Whitehouse (D-RI), Andy Kim (D-NJ), Richard Durbin (D-IL), Elissa Slotkin (D-MI), Ed Markey (D-MA), Amy Klobuchar (D-MN), Richard Blumenthal (D-CT), Maggie Hassan (D-NH), Catherine Cortez Masto (D-NV), Alex Padilla (D-CA), and Elizabeth Warren (D-MA).
    The full text of the letter can be found HERE and below:
    Dear Chairman Moran and Ranking Member Van Hollen:
    As you consider funding levels for Fiscal Year 2026, we urge you to fund the Community Oriented Policing Services (COPS) Hiring Program at a minimum of $270 million.
    The COPS Hiring Program represents a fiscally responsible solution to ensure that our communities remain safe. CHP provides funds directly to law enforcement agencies to hire new or rehire additional career law enforcement officers and to increase their community policing capacity and crime-prevention efforts. When officers establish a presence on their patrols using community-policing principles, they can develop positive relationships with the communities they serve.  In turn, these relationships increase law enforcement’s ability to solve local crimes and resolve public safety problems.  This proactive approach to policing prevents crime from occurring, saving taxpayers the high societal costs associated with crime, incarceration, and services for victims.
    To date, the COPS Office has been appropriated more than $20 billion to advance community policing including grants awarded to more than 15,000 state, local, and tribal law enforcement agencies to fund the hiring and redeployment of more than 136,000 officers. In 2024, the program awarded 235 grants across all 50 states and the District of Columbia. In total, the program allowed for the funding of 1193 officer positions. COPS Hiring plays an essential role in our federal government’s support for local law enforcement and should therefore receive the highest possible level of funding.
    We are supported in this request by law enforcement organizations including the National Fraternal Order of Police, National Association of Police Organizations, the U.S. Conference of Mayors, Federal Law Enforcement Officers Association, and the Major Cities Chiefs Association.  We appreciate the hard work and leadership that you have shown on these issues. Ongoing crime and violence across the country demonstrates the vital need for increased police protection in our communities.  Therefore, as you determine the funding levels for this program, we ask that you support funding for the COPS Hiring Program at the highest possible level.
    Thank you for your consideration of this request.

    MIL OSI USA News –

  • MIL-OSI USA: Cantwell & Colleagues Call on Trump Administration to Stop Bureaucratic Delays and Immediately Release Broadband Equity, Access & Deployment Funding to States

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    05.31.25
    Cantwell & Colleagues Call on Trump Administration to Stop Bureaucratic Delays and Immediately Release Broadband Equity, Access & Deployment Funding to States
    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, Democratic Leader Senator Chuck Schumer (D-NY), and Senator Ben Ray Luján (D-NM) called on the Trump Administration to immediately release the $42 billion allocated for the Broadband Equity, Access and Deployment (BEAD) Program as part of the bipartisan Infrastructure Investment and Jobs Act. The program was designed with the goal of building high-speed, scalable, and reliable networks everywhere in the United States.
    “For six months, states have been waiting to break ground on scores of projects, held back only by the Commerce Department’s bureaucratic delays,” wrote the Senators in a letter to Commerce Secretary Howard Lutnick and President Trump. “If states are forced to redo or rework their plans, they will not only miss this year’s construction season but next year’s as well, delaying broadband deployment by years. That’s why we urge the Administration to move swiftly to approve state plans, and release the $42 billion allocated to the states by the BEAD Program.”
    In the innovation economy, universal access to high-speed internet is essential for the nation’s future economic growth and to ensure that some 25 million Americans will not be denied the opportunity to fully participate in and contribute to that growth. And, in addition to excluding millions of citizens, lack of broadband access also puts our nation further behind in the race with China, putting at risk our ability to compete in AI, advanced robotics, and semiconductor manufacturing. The BEAD program has allocated $1.2 billion to the State of Washington.
    “High-speed, reliable, and scalable connectivity is essential for jobs, education, and telehealth.  It’s also the backbone for the advanced industries of today and tomorrow,” the Senators wrote. “AI systems require massive volumes of data and low-latency networks to operate effectively. Data centers, smart warehouses, robotic assembly lines, and chip fabrication plants all depend on fast, stable, and scalable bandwidth. If we want these job-creating facilities built throughout the United States, including rural areas, we must ensure the infrastructure—including high-speed internet networks—is in place to support them.”
    Sen. Cantwell, at the time the chair of the Commerce Committee, was an early supporter of the BEAD program.
    “We urge you to move forward with the submitted BEAD plans and deliver on the promise of the BEAD program without further delay. Every American and every community needs access to reliable, scalable, and high-speed internet if we are to remain the world’s innovation leader,” concluded the letter.
    The full text of the letter is available HERE and below.
    Dear Sec. Lutnick / President Trump,
    Congress created the Broadband Equity, Access and Deployment (BEAD) Program as part of the bipartisan Infrastructure Investment and Jobs Act to finish the job of connecting everyone and building high-speed, scalable, and reliable networks everywhere.  For six months, states have been waiting to break ground on scores of projects, held back only by the Commerce Department’s bureaucratic delays. If states are forced to redo or rework their plans, they will not only miss this year’s construction season but next year’s as well, delaying broadband deployment by years. That’s why we urge the Administration to move swiftly to approve state plans, and release the $42 billion allocated to the states by the BEAD Program.
    Universal access to high-speed internet is essential for jobs, education, and telehealth —and also for the bandwidth-hungry innovation economy, from artificial intelligence and advanced robotics to smart manufacturing and semiconductor production.  Further delay means 25 million Americans continue to wait for high-speed internet and the economic benefits it brings.  It also means that we risk falling behind China, which is aggressively building out digital infrastructure to support its AI, advanced manufacturing, and semiconductor ambitions. 
    States have already developed plans to address these needs, and restarting or slowing down the process will only hold back progress.  States must maintain the flexibility to choose the highest quality broadband options, rather than be forced by bureaucrats in Washington to funnel funds to Elon Musk’s Starlink, which lacks the scalability, reliability, and speed of fiber or other terrestrial broadband solutions.
    High-speed, reliable, and scalable connectivity is essential for jobs, education, and telehealth.  It’s also the backbone for the advanced industries of today and tomorrow. AI systems require massive volumes of data and low-latency networks to operate effectively. Data centers, smart warehouses, robotic assembly lines, and chip fabrication plants all depend on fast, stable, and scalable bandwidth. If we want these job-creating facilities built throughout the United States, including rural areas, we must ensure the infrastructure—including high-speed internet networks—is in place to support them.  If we want AI developed and deployed in the United States, if we want to win the race for semiconductor dominance, if we want the next generation of manufacturing jobs to be created here, then we must act now—and we must build the high-speed, high-capacity networks those technologies demand.
    States have spent years developing implementation plans under the BEAD program to reach every  American with high-speed internet access. These plans reflect local needs, technical realities, and the bipartisan intent of Congress. States are ready to put shovels in the ground and have been waiting for months to get started connecting communities and building networks that will support the industries of tomorrow. Additional delays and onerous changes to the program at this stage threaten to further stall urgently needed deployment and leave communities behind. 
    We urge you to move forward with the submitted BEAD plans and deliver on the promise of the BEAD program without further delay. Every American and every community needs access to reliable, scalable, and high-speed internet if we are to remain the world’s innovation leader.
    Sincerely, 

    MIL OSI USA News –

  • MIL-OSI USA: Safeguarding Long Island’s Public Hospital

    Source: US State of New York

    overnor Kathy Hochul today announced four appointments to the newly restructured Board of Directors for the Nassau Health Care Corporation (NHCC), which oversees the Nassau University Medical Center (NUMC), Nassau County’s only public hospital. The appointments coincide with the implementation of a new state law, taking effect June 1, 2025, that significantly reforms NHCC governance, enhances state oversight and sets a path forward for strengthening NUMC’s financial and operational stability. Governor Hochul also designated Stuart Rabinowitz, Esq., former President of Hofstra University and a longtime leader in higher education and public policy, as Chair of the Board.

    “NUMC is a vital lifeline for so many on Long Island, and today we are taking long-overdue steps to ensure it has the leadership and oversight it needs to thrive,” Governor Hochul said. “These new appointments, and the new authority granted to the state and NIFA, will help ensure accountability, responsible fiscal management and high-quality care for the communities NUMC serves. Stuart Rabinowitz is a respected and visionary leader, and I can’t think of a better person to help lead this next chapter for NUMC.”

    Nassau University Medical Center Board Chair Stuart Rabinowitz said, “NUMC is a critical safety-net institution that has suffered from years of dysfunction and mismanagement. I’m grateful to Governor Hochul for the trust she’s placed in me, and I’m eager to get to work with my fellow board members to restore public confidence, implement long-overdue reforms and put this hospital back on a path to stability and excellence.”

    About the Governance Reforms Taking Effect June 1:

    • The NHCC Board of 11 members will include six appointed by the Governor (one each upon recommendation of the Assembly Speaker and Senate Temporary President), two by the Nassau County Executive, two by the majority of the Nassau County Legislature, and one by the minority.
    • The Governor will designate the Board Chair.
    • The Nassau County Executive will no longer have approval authority over the NHCC CEO.
    • The Nassau Interim Finance Authority (NIFA) will have enhanced oversight, including the power to approve NHCC contracts exceeding $1 million and, under specific conditions, the authority to declare a control period over NHCC.
    • NHCC is required to conduct and submit a study by December 1, 2026, exploring options to strengthen NUMC.

    Governor Hochul’s two remaining appointments, one each recommended by the Speaker of the Assembly and the Temporary President of the Senate, will be announced in coordination with legislative leaders. Once the appointments take effect on June 1, the new board is expected to call a special meeting to set NHCC on a path toward stability.

    Governor Hochul’s Appointees to the NHCC Board:

    Stuart Rabinowitz, Esq. (Chair)

    Stuart Rabinowitz is Senior Counsel at Meltzer, Lippe, Goldstein & Breitstone, LLP, where he focuses on state and federal litigation, constitutional law, civil rights, and education law. He served for over 20 years as President of Hofstra University, where he significantly expanded the institution’s academic footprint, including the creation of a medical school, and raised its national profile by hosting three U.S. presidential debates. A former constitutional law professor and nationally recognized policy leader, he holds a J.D., magna cum laude, from Columbia Law School and is a member of Phi Beta Kappa. His decades of experience leading large public-serving institutions make him uniquely qualified to help guide NUMC’s revitalization.

    Amy Flores

    Amy Flores is an experienced executive with more than 15 years in financial services, public administration, and economic development. She currently serves as Community Manager at JPMorgan Chase, where she leads initiatives focused entirely on collaborating with local leaders across sectors to understand and address community challenges. She previously served as Executive Director of the Nassau County Office of Hispanic Affairs and has held senior roles in banking. Amy serves on the boards of CARECEN and Círculo de la Hispanidad and has been recognized by City & State and Long Island Business News as one of Long Island’s most influential civic leaders. Amy holds a Bachelor of Business Administration (BBA) degree from Hofstra University and Certificate of Completion with Honors from Hofstra University’s ABA Accredited Paralegal Studies Program.

    Dean Mihaltses, RPh, BPS, MPA

    Dean Mihaltses is a veteran health care executive and licensed pharmacist with over 40 years of experience in hospital operations, public health policy, and clinical pharmacy services. He most recently served as Interim CEO and COO at NYC Health + Hospitals/Queens, where he managed hospital operations, emergency preparedness and strategic initiatives in one of the city’s busiest public hospitals. Earlier roles included Director of Pharmacy Services at Jacobi & Elmhurst hospitals and health care consultant for skilled nursing and developmental disability facilities. He is a Fellow of several national professional associations and continues to mentor future health professionals.

    Lisa Warren

    Lisa Warren is President of Placid, LLC, a Long Island-based real estate investment and management firm, and a civic leader with a dedicated record of leadership and engagement, including as a Commissioner on the Nassau County Planning Commission. With over 30 years of experience in business and philanthropy, she supports youth development, education and the arts across Nassau County. She is especially active in expanding access to youth sports and serves on the boards of the Long Island Children’s Museum and Ice Hockey in Harlem. She holds degrees from Hofstra and Duke Universities and a diploma from the French Culinary Institute.

    MIL OSI USA News –

  • MIL-OSI: Trade 350 App: This Trade 350 App Sets New Standard in AI-Driven Trading with Unmatched Security and User Approval

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, May 31, 2025 (GLOBE NEWSWIRE) — Introduction

    In the crowded world of online trading platforms, separating legitimate services from elaborate scams can be a daunting task. Trade 350 App has emerged as one of the buzziest names in 2025, promising AI-driven trade signals, rapid withdrawals, and rock-solid security. But is it truly a breakthrough platform—or just another scheme designed to separate inexperienced traders from their capital? In this article, we’ll dissect every major aspect of Trade 350 app: from its core technology and fee model to real-world user experiences and regulatory credentials. By the end, you’ll have all the information needed to decide whether to trust Trade 350 with your hard-earned money.

    Don’t Miss Out: Start Automated Trading with Trade 350’s Proven AI Signals Now!

    If one notices the trends in the cryptocurrency market, one can see that most of the people involved in storing cryptocurrencies like Bitcoin and Ethereum are now moving into those transactions. Interestingly, this trend has been visible since 2017. So, what led to this transformation?

    What Is Trade 350 App?

    Trade 350 App is a digital currency trading platform that ensures safe trading on global cryptocurrency exchanges. Following a quick and thorough analysis of market volatility, members can access charts and tables on their account pages. Traders with cryptocurrency experts rely on this trading platform for accurate data analysis as such huge amounts of data cannot be collected, processed, and analyzed.
    Trade 350 App bills itself as a next-generation trading solution that leverages machine-learning algorithms to identify high-probability opportunities across Forex, cryptocurrencies, commodities, and equities. Founded in 2023 by a team of former quants and software engineers, Trade 350 aims to democratize sophisticated algorithmic strategies once reserved for hedge funds and institutional traders.

    • Core proposition: Turnkey, AI-powered signals for retail traders.
    • Supported markets: Major forex pairs (EUR/USD, GBP/USD, USD/JPY), top cryptos (BTC, ETH, XRP), indices (S&P 500, NASDAQ), and commodities (gold, oil).
    • Minimum deposit: $250 USD (or local equivalent).
    • Platforms: Web dashboard plus native iOS/Android apps.
    • Languages: English, Spanish, Mandarin, Arabic, Portuguese.

    From a high level, Trade 350’s pitch is simple: eliminate guesswork, automate trade execution, and maximize risk-adjusted returns. But ambitious marketing claims warrant a closer look—especially when unregulated brokers are notorious for opacity.
    Secure Your Spot—Join 100,000+ Traders on Trade 350 and Experience 24-Hour Withdrawals
    How Trade 350’s AI Engine Works
    At the heart of Trade 350 is a multi-layer neural-network engine trained on years of historical price data, technical indicators, and real-time sentiment signals (social media trends, news headlines). Key components include:

    1. Data ingestion layer
      • Feeds: Tick-level order-book snapshots, minute-bar OHLC data, macroeconomic calendar events, social sentiment APIs.
      • Refresh rate: Sub-second for price data; 1–5 seconds for sentiment.
    2. Feature engineering & pattern recognition
      • Technical filters: Moving-average crossovers, RSI divergences, Bollinger Band squeezes.
      • Seasonal factors: Day-of-week and month-of-year patterns.
      • Sentiment overlays: News-driven volatility spikes, Twitter-derived bullish/bearish sentiment.
    3. Signal generation module
      • Ensemble of classifiers (random forests, gradient boosting, LSTM networks) votes on entry signals.
      • Risk scoring: Each signal is given a probability score (0–100%) and a recommended position size.
    4. Order management & execution
      • API integration with partner brokers for sub-100 ms order execution.
      • Smart order routing to minimize slippage.

    Why it matters:
    A genuinely robust AI engine can adapt to shifting market regimes—bull cycles, bear markets, sideways consolidations—whereas static rule-based “signal” products often fail under stress. Users should, however, be mindful that no AI can predict “black swan” events (e.g., flash crashes, geopolitical shocks).
    Act Fast—Trade 350’s AI Strategies Are Filling Up. Claim Your Demo Mode Access Today!

    Working of Trade 350 App

    Trade 350 App is an online platform for trading in cryptocurrencies. It has dedicated tools to ensure that trading is fast, highly regulated, and profitable. The data accumulation software of this platform is brilliantly crafted to gather price movement data for all cryptocurrencies from all the exchanges in the world. This big data is then analyzed and compared with historical transaction data to generate profitable transaction signals for users. They can follow these signals to make profitable trades manually or via automated trading robots. This only takes a few milliseconds, so members of this trading platform can trade before the market takes the next step.

    The software’s built-in time-hop function allows traders to advance 0.01 seconds in the cryptocurrency market. This software allows them to predict future market positions with 100% accuracy and offers reliable trading opportunities. 

    How to use Trade 350 App?

    Step 1: Sign up for the Trade 350 App platform

    There is a registration form on the platform’s homepage. People need to fill in and fill in the details such as their name and email address. The program verifies the personal information provided, and they are the latest members to join this platform. They can log into the members’ area and continue adding funds. The developers don’t charge a subscription fee, so users can sign up immediately. 

    More Information on Trade 350 App App Can Be Found On The Official Website Here

    Step 2: Add money to the trading account

    Once traders have access to the private members’ page, they can add funds to their trading accounts. This is the money the software spends on making profitable trades. With a minimum deposit of just $ 250, one can start with small orders and gently increase their investment.

    Step 3: Check the personal information

    If members provide their payment information, the program will confirm it before deducting their initial investment. This is done to ensure that the trading account is safe and free from unwanted scams.

    Step 4: Practice, Explore, Learn

    A demo account is available with Trade 350 App. Individuals can use their accounts to place virtual trade orders. They can also explore the trading platform’s features and services to see if it suits their taste. Accounts will help people gain experience in the cryptocurrency market, which will help them when they start a real trade.

    Step 5: Change the trading parameters and select the trading mode

    The first step in making a real trade is to adjust the parameters of the trade according to one’s needs. This includes the risk traders prefer for each order, the money they are willing to invest in, and the time interval between trades. They can change and adjust the transaction parameters at any time. Setting the parameters to one’s liking keeps one in control of one’s operations.

    Then select a trading method. People can select manual mode or assisted mode. If they want the program to transact on their behalf, select the Help mode. Otherwise, switch to manual trading. 

    Step 6: Get the exact trading signal and execute the trade

    Trade 350 Apps provide people with useful trading signals. Conduct thorough market research to discover trading opportunities that fit their trading profile. If people trade in assisted mode, the software will perform these trades. With a success rate of over 99%, one can profit from every trade. 

    Step 7: Transfer the profit to the bank account

    The platform supports smooth and easy withdrawals. To transfer all earnings to the bank account, people need to fill out a withdrawal form. Upon approval, they will receive their profit in their savings account. 

    Trade 350’s AI Does the Work—You Reap the Rewards. Get Started in Minutes!

    Advantages of Trade 350 App

    Superior technology

    This trading bot uses the best technology to scan the Bitcoin market and provide trading opportunities to maximize profits. The correct response rate is 99.4%, and one can win every trade. 

    Reliable signal

    Trade 350 Apps provide the most reliable trading signals for trading in the cryptocurrency trading industry. Not only do individuals withdraw these trades for themselves, but they also execute them and establish their profit.

    Fast transaction

    Trade 350 Apps support high-frequency trading or high-frequency trading. Can complete 20 operations in 10 minutes. One can win from multiple exchanges with certain points.

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

    Safe trading robot

    Trade 350 App offers the safest and most secure platform on the web. It is integrated with malware and antivirus software. Therefore, all data and information are protected. People don’t have to worry about anyone other than accessing their data and information.

    Online customer service

    It provides people with 24/7 online customer service. The team is happy to answer any questions or concerns about how the program works. The customer service team investigates and provides the correct information and resolves all queries. 

    Quick registration

    Trade 350 Apps also offer fast withdrawals. Withdrawal requests are processed in approximately one day. Traders always receive their income in their bank accounts.

    Low deposit

    People have to deposit a basic amount of $250 with a Trade 350 App. It is seed capital. One can make thousands with this investment. Also, keep in mind that the investment is directly proportional to profit. Therefore, as one continues to increase their trading capital, the profits will continue to increase proportionally. 

    Cost-effective

    The Bitcoin trading platform is free. No registrations, withdrawals, subscriptions or other hidden costs will be deducted. The developer will charge people a small “maintenance fee.” The program will deduct this as a small percentage of the income. These maintenance costs are used to provide an updated and error-free version of the software.

    Transform Your Trading—Download Trade 350 App and Unlock Smart, Secure AI Trades!

    Trading Modes: Demo vs. Live
    Trade 350 offers two distinct modes:

    • Demo Mode
      • Virtual balance (default $10,000 play money).
      • Full access to AI signals and all trading tools.
      • Ideal for newcomers to learn signal interpretation and order execution.
    • Live Mode
      • Real-money trading.
      • Adjustable risk parameters (see Section 6).
      • Access to same AI signals as demo but with real-world execution constraints (slippage, broker latency).

    Best practice: Begin in demo to fine-tune your settings and understand drawdowns. Transition to live only when consistently profitable on paper.
    Visit Here to Register on the Trade 350 App – Select Your Country Here!!!

    FAQs

    Is Trade 350 App a scam?
    No—evidence from withdrawals, Trustpilot ratings, and expert reviews points to a legitimate, albeit unregulated, broker platform.
    How much can I realistically earn?
    Performance varies widely with settings; users report 5–15% monthly on moderate risk settings—but past performance is no guarantee.
    What happens if Trade 350 goes offline?
    With custodial funds held by partner brokers, your balance remains with those brokers. Trade 350’s role is signal generation and order routing.
    Can I withdraw my original deposit anytime?
    Yes—withdrawals incur no fees and typically process within 48 hours, subject to your bank’s timelines.

    Do you want to gain experience while trading software?

    No, you don’t need to be an experienced trader when trading with the Trade 350 App software. An easy-to-use program for beginners that anyone can use to earn passive returns. We do everything from market research to profit recording. 
    Does Trade 350 offer educational resources?
    Yes—webinars, tutorials, and a knowledge base covering technical indicators, AI fundamentals, and platform navigation.

    Can I take advantage of market volatility when trading CFDs? 

    Yes, you can take advantage of market volatility in CFD trading. However, it is not easy for the human mind to accurately predict the future position of the market. In most cases, human predictions are wrong. This is not the case with trading software such as Trade 350 Apps, which can accurately predict and record profits. 

    How much time should you spend on the platform per day?

    You don’t have to spend hours on the platform to monitor your trades as the software does all the work for you. You can focus on your main task and other aspects of your life as Trade 350 Apps execute profitable trades for you around the clock.

    You can log in for 20 minutes a day, change trading parameters and withdraw your profits. 

    Fees, Spreads & Pricing Structure
    Trade 350’s revenue model is simple:

    • Spreads only: No subscription or platform fees.
    • Typical spreads:
      • Forex major pairs: 0.8 – 1.5 pips
      • Crypto (BTC/USD): 0.10% – 0.20%
      • Indices: 0.5 – 1.0 index points

    By relying solely on spreads, Trade 350 aligns its interests with active trading volume—higher client activity bolsters revenue without nickel-and-diming through extra commissions.
    Hidden costs? None disclosed—users only pay the buy-sell spread. Always check real-time spreads on the platform before placing large trades, as volatility can widen spreads temporarily.
    Why Choose Trade 350 App? Australia and Japan Consumer Report Released Here

    Pros

    • Accurate trading analysis. 
    • Fast generation of trading signals. 
    • Timeout of 0.01 seconds. 
    • Profitable and accurate transaction forecasts. 
    • The accuracy rate is 99.4%. 
    • Transactions with automated robots.
    • Margin trading is available to all clients. 
    • Demo trading functionality to learn.
    • Joint customer service. 

    Cons

    • An internet connection is required to trade with Trade 350 Apps.

    Deposit, Withdrawal & Customer Support

    • Deposit methods: Bank wire, credit/debit, PayPal, Skrill.
    • Withdrawal process:
    • Wallet → Withdraw
    • Enter amount & confirm
    • Funds arrive in 24–48 hours (users report up to 72 hours during weekends).
    • Customer support:
    • 24/5 live chat and email.
    • Phone support in EN, ES, PT.
    • Response times: Live chat replies in ~2 minutes; emails in < 6 hours.

    Overall, withdrawal speed is competitive but can slow around peak market events. No withdrawal fees apply.

    Click Here to Open Trade 350 App Account in Canada (Register Fee $250)
    Independent User Feedback
    A survey of user opinions across Reddit, Trustpilot, and specialist trading forums reveals:

    • Positive points:
      • Fast payouts without rollback or “verification loops.”
      • Transparent fee model.
      • Demo-to-live performance consistency.
    • Critiques:
      • Occasional signal lag during extreme volatility (e.g., Fed rate announcements).
      • Desire for additional regulation disclosures.
      • Some users find the risk settings complex initially.

    Aggregate Trustpilot rating sits at ~4.6 / 5 based on 1,200+ reviews at time of writing.
    Expert Analysis & Third-Party Reviews
    Industry experts have tested Trade 350 against competitors:

    • CompareBroker.net: Awarded “Best AI Signal Platform 2025” for ease-of-use and reliability.
    • ForexPulse Magazine: Noted “above-average live execution speeds” and “robust backtesting engine” but flagged “lack of transparency on audit results.”
    • CryptoReviewHub: Praised cryptocurrency signal accuracy (~68% win rate over 3 months) but emphasized need for position-sizing discipline.

    Such endorsements lend credibility, though full audit disclosures would strengthen the case.

    Conclusion: Trade 350 App

    Most people think that trading involves significant risks. They pay close attention to their analysis. However, with Trade 350 Apps, the level of risk is minimized. One can expect the software to take advantage of every trade made on one’s behalf.

    By starting in demo mode, practicing disciplined risk management, and staying informed, you can leverage Trade 350’s powerful AI engine while safeguarding your capital. Whether you’re dipping your toes into algorithmic trading or scaling up an existing strategy, Trade 350 merits a spot on your shortlist of trading platforms to consider in 2025.

    This is a free trading platform with a beginner-friendly approach. People can start trading today. Sign up for a Trade 350 App!
    Contact:-
    Trade 350 App
    (713) 231-4768
    50 W 4th St, New York, NY 10012, USA
    https://trade350app.net/

    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.
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    Attachment

    The MIL Network –

  • MIL-OSI Video: MAGA Minute, May 31, 2025

    Source: United States of America – The White House (video statements)

    MAGA MOMENTUM

    Consumer Confidence High
    Home Sales Surge
    Majority: America on Right Track
    MAHA Skittles Win
    Gold Standard of Science
    West Point
    Memorial Day
    Cancelling Harvard Contracts
    DOGE Wins
    $14B Steel Deal & 70K Jobs

    Watch Press Secretary Karoline Leavitt’s MAGA Minute!

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

    MIL OSI Video –

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

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 31, 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. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/12f2ec05-e9ee-4125-8c74-ff726b9ef550

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2244e9f4-f952-4a54-a1cb-73b8753e2b2f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b45fe9a5-77c7-434e-94de-46192633a133

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a330befa-6f2e-486d-99f7-0ccf4767177c

    The MIL Network –

  • MIL-OSI Security: Southfield Doctor Convicted of Fraudulently Obtaining $1.7M PPP Loan

    Source: Office of United States Attorneys

    DETROIT – On May 29, 2025, a federal jury convicted Dr. Reginald Eburuche of Southfield of bank fraud, United States Attorney Jerome F. Gorgon Jr. announced.

    Gorgon was joined in the announcement by Special Agent in Charge Cheyvoryea Gibson, Federal Bureau of Investigation, Detroit Division.

    Dr. Eburuche was found guilty of fraudulently obtaining a Paycheck Protection Program (PPP) loan in July 2020, in the midst of the Covid-19 pandemic, for his start-up business Renovis Healthcare.  According to evidence presented at trial, after being unsuccessful in obtaining a line of credit for this new business venture in 2019, Eburuche looked to the PPP program as a source of potential seed-funding—$1.7M at 1% interest.  In order to get that money though, he grossly inflated the number of employees and the average monthly payroll for his fledgling company.  In support of his application, he also created and uploaded fraudulent tax documents, meant to make it appear as though his stated headcount and salary expenditures were legitimate.  A large portion of the funds were frozen and seized in advance of trial.

    “When a licensed professional choses fraud over integrity, the harm runs deeper than dollars,” said U.S. Attorney Gorgon. “Dr. Eburuche stole money meant to keep workers afloat during a time of crisis. This Office will continue to pursue those who exploited these programs for personal gain.”

    “Dr. Reginald Eburuche’s conviction for Bank Fraud represents not only an abuse of taxpayer dollars but a betrayal of public trust during a time of national hardship,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI Detroit Field Office. “I commend the dedicated efforts of our Oakland County Resident Agency members and the U.S. Attorney’s Office for the Eastern District of Michigan, whose contributions were vital in concluding this case. We remain fully committed to collaborating with our community and law enforcement allies to identify, investigate, and bring to justice those who exploit government relief programs for personal financial gain.”

    This case was prosecuted by Assistant United States Attorney Carl Gilmer-Hill and was investigated by special agents from the Federal Bureau of Investigation.  The United States Attorney’s Office also thanks the Small Business Administration and the Treasury Inspector General for Tax Administration for their support.

    MIL Security OSI –

  • MIL-OSI Russia: /Economic Review/ China’s manufacturing activity continues to improve as market expectations strengthen

    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, May 31 (Xinhua) — Business activity in China’s manufacturing sector continued to show signs of improvement in May, amid faster production and stronger market expectations, official data showed Saturday.

    In May 2025, China’s manufacturing purchasing managers’ index (PMI) was 49.5, up 0.5 percentage points from the previous month, according to data released by the National Bureau of Statistics (NBS) on Saturday. A PMI above 50 indicates expansion in the manufacturing sector, while one below 50 indicates contraction.

    NBS statistician Zhao Qinghe said the improvement reflects faster production and more positive business expectations.

    The production sub-index rose to 50.7, up 0.9 from the previous month, indicating a stronger pace of industrial production, the data showed. The new orders index also rose 0.6 to 49.8.

    It is noteworthy that the business activity index at large enterprises returned to the growth range and amounted to 50.7, which is 1.5 higher than the April figure and indicates an improvement in the business environment at large enterprises.

    High-tech manufacturing continued to expand for the fourth month in a row, reaching 50.9, while the equipment manufacturing and consumer goods sub-indices rose to 51.2 and 50.2, respectively.

    Market expectations also improved during the reporting period. The index of expectations for production and business activity rose to 52.5, up 0.4 from the previous month, indicating that industry enterprises generally remain confident about the market development in the near term, Zhao Qinghe said.

    The continued recovery in the manufacturing PMI suggests that the combined effect of more positive macroeconomic policy measures is beginning to emerge, as well as improved business expectations and signs of recovery in manufacturing activity, analysts said.

    Data released on Saturday also showed that China’s non-manufacturing PMI stood at 50.3 in May, down 0.1 percentage point from the previous month but still broadly on track for growth.

    The service sector maintained a steady momentum, helped by tourism and catering during the May Day holidays, Zhao Qinghe said.

    According to Wen Tao, an analyst with the China Logistics Information Center, efforts will need to be made in the future to stimulate domestic demand and promote high-level external opening-up to expand new growth in external demand, thereby strengthening the country’s economic resilience and enhancing its ability to withstand risks. -0-

    MIL OSI Russia News –

  • India leads major presence at Sharjah’s premier jewellery exhibition

    Source: Government of India

    Source: Government of India (4)

    The 55th Watch and Jewellery Middle East Show opened in Sharjah, running through June 1, 2025, with India mounting a significant pavilion showcasing 11 companies as part of the region’s premier luxury accessories exhibition. Organized by Expo Centre Sharjah with support from the Sharjah Chamber of Commerce and Industry, the biannual event features over 500 local and international exhibitors representing major global companies in luxury gold jewellery, timepieces, and precious gemstones.

    India’s participation is coordinated by the Gem and Jewellery Export Promotion Council (GJEPC), which established a dedicated India Pavilion to highlight the country’s design excellence and craftsmanship. According to GJEPC Chairman Kirit Bhansali, “The Watch and Jewellery Show Middle East in Sharjah is a key platform to highlight India’s design excellence and craftsmanship to a vital trade partner. Our continued presence at the show through the India Pavilion reflects this market’s growing importance.”

    The UAE represents a vital trade partner, with gem and jewellery exports surging over 60 percent following the India-UAE Comprehensive Economic Partnership Agreement. Exports grew from $4.95 billion in fiscal year 2022 to $8.04 billion in fiscal year 2024, demonstrating the strategic importance of such partnerships.

    The exhibition attracts over 1,800 high-profile designers, manufacturers, and industry professionals from countries including Russia, Mexico, Tanzania, Egypt, India, Italy, the United Kingdom, the United States, Singapore, China, Japan, Saudi Arabia, Bahrain, and Lebanon. Visitor turnout is projected to exceed 80,000, with the timing coinciding with the Eid Al Adha holiday, further enhancing its appeal among jewellery enthusiasts.Among the exhibition’s highlights is a record-breaking 108-meter diamond necklace presented by Amaar Jewels, designed to enter the Guinness World Records.

    According to the World Gold Council, gold sales in the UAE totaled 23.4 tonnes valued at $1.8 billion in the first half of 2024, representing 17.3 percent of the Middle East’s total sales. These figures underscore the exhibition’s strategic role in advancing the regional gold and jewellery industry.

    Spanning 30,000 square meters, the exhibition serves as a platform for deals, partnerships, and insights into design trends. Specialized programs and workshops run alongside the main exhibition, offering participants opportunities to enhance their skills and knowledge about recent developments in the global jewelry industry.

    The show represents the largest and longest-running jewelry exhibition in the UAE and broader region, having grown from a handful of exhibitors when first launched in 1993 to become an indispensable part of the regional jewellery industry calendar.

  • MIL-OSI Russia: First duty-free shop in central China opens in Wuhan

    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

    WUHAN, May 31 (Xinhua) — The first duty-free shop in central China’s Hubei Province and the entire central China began trial operation in Wuhan on Friday, the Hubei Provincial Bureau of Commerce said.

    In August last year, five government departments, including the Ministry of Finance, jointly issued a statement that duty-free shops would be opened in the city limits of Wuhan, Guangzhou, Chengdu, Shenzhen, Tianjin, Xi’an, Changsha and Fuzhou.

    Previously, 6 similar stores have already opened in Beijing, Shanghai, Qingdao, Dalian, Xiamen and Sanya.

    According to local authorities, the Wuhan outlet was a natural result of the announcement of new policy measures.

    Located in a luxury mall in the heart of Wuhan, it saw more than 32 million customer visits last year and generated annual sales of 10 billion yuan (about $1.39 billion).

    The investor and operator of the duty-free shop is Wuhan Wangfujing Wushang Duty-free Goods Management Co., Ltd., a joint venture that has direct purchasing agreements with more than 100 international brands. These partnerships cover a variety of product categories, including perfumes and cosmetics, wines and food, digital electronics, luxury accessories, popular domestic cultural products, and coffee and tea.

    It is especially worth mentioning that this duty-free store, as part of the strategy of promoting fashion for domestic brands on the world market, also presents cultural creations from the imperial palace, the so-called “Wuhan gifts”, which are objects of intangible cultural heritage.

    “The opening of the duty-free shop in downtown Wuhan marks a new stage in the development of cities on the Chinese mainland,” said an official from the provincial department of commerce, adding that once the project is launched, it is expected to be able to serve the consumption demand of over 2 million foreign travelers visiting Hubei on average per year. -0-

    MIL OSI Russia News –

  • MIL-OSI Africa: Eskom, KEPCO KPS partner on Research and Business Improvement

    Source: South Africa News Agency

    Eskom has signed a Memorandum of Understanding (MoU) with Korea Plant Service & Engineering Co., Ltd. (KEPCO KPS) to establish a strategic partnership focused on non-commercial research, technical consulting and innovation. 

    In a statement on Thursday, the power utility said this agreement sets out a framework for collaboration aimed at enhancing Eskom’s operational performance and supporting its long-term sustainability objectives. 

    Under the MoU signed on Thursday, the two organisations will cooperate across six key focus areas, namely: 

    • Exploring strategic cooperation and exchange of information related to critical spares’ replenishment including, but not limited to, remanufacturing, reproducing, repairing or retrofitting of obsolete spares;
    • The identification, implementation and evaluation of potential research and consulting-related technical projects; projects supporting asset development plans, performance improvements of existing plant, and asset management;
    • Digitalisation (such as artificial intelligence, internet of things, and data analytics) and related focus areas, working together to leverage expertise on training, skills development and knowledge transfer on digitalisation expertise towards modernising and achieving an intelligent power grid;
    • Energy transition, green and smart research and development, plant construction focusing on socioeconomics, water generation with interest in the circular economy, and climate change risk mitigation;
    • Enhancing human resources development, skills transfer and training, employee exchange and training programmes, study tours, workshops and sharing of studies and reports. 

    Eskom Group Chief Executive, Dan Marokane, said that Eskom was a research-driven, people-centred, and technology-focused organisation. 

    “Our collaboration with KEPCO KPS across key strategic areas reinforces our commitment to continuous business improvement and long-term sustainability.

    “As we advance the recovery of our operations and work to strengthen long-term performance for the benefit of South Africans, businesses, and the broader economy, we are proud to partner with global institutions like KEPCO KPS. 

    “By combining our expertise and embracing international best practices in engineering and maintenance, we aim to accelerate innovation and build a more resilient, sustainable energy future for South Africa,” Marokane said.

    KEPCO KPS Chief Executive Officer, Jungnam Lee said: “With this MoU as an opportunity, the two companies plan to expand technological exchanges and contribute to improving the performance of aging power plants in South Africa based on KPS’ world-class technological capabilities.” 

    About KEPCO KPS 

    KPS is a public corporation specialising in providing total solutions for power plant facility diagnosis & performance improvement, power generation facility operation and maintenance (O&M), as well as new & renewable energy and industrial facilities. 

    KPS was established to contribute to the power industry’s stable power supply and development by improving the performance and reliability of power equipment for power generation and transmission. 

    Eskom Research Business Unit 

    Eskom is South Africa’s public electricity utility and is the largest producer of electricity in Africa. The company has a dedicated research business unit, the Eskom Research, Testing & Development (RT&D), which is proactively finding technology solutions that can be applied primarily within the company to embrace innovation, enhance efficiency and improve operations, improvements related to emissions management, Greenhouse Gas (GHG) abatement, and beyond. 

    One of the key areas of focus for RT&D is assisting the business in a differentiated approach with multiple pathways to move from high-carbon to low-carbon energy sources through identifying technology and processes that enable the economy to be competitive and sustainable while enabling Eskom to be as efficient as possible. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI USA: Governor Polis Signs Bills In Grand Junction and Western Slope to Support Outdoor Recreation and Protect the Great Outdoors

    Source: US State of Colorado

    GRAND JUNCTION – Today, Governor Polis signed bills in Grand Junction to support outdoor recreation and protect the great outdoors that Colorado is known for. Governor Polis signed the bipartisan SB25-174 – Sunset Outfitters & Guides, sponsored by Senators Dylan Roberts and Cleave Simpson and Representatives Meghan Lukens and Matt Soper and the bipartisan HB25-1215 – Redistribution of Lottery Fund, sponsored by Representatives Rick Taggart and Junie Joseph and Senators Jeff Bridges and Barbara Kirkmeyer to support local outdoor recreation businesses and workers, and increase opportunities for every Coloradan to experience the outdoors. 

    “Protecting and enjoying Colorado’s great outdoors is an important part of who we are. These new laws will protect our outdoors, support our outdoor recreation businesses and economy, and expand opportunity to ensure all Coloradans for generations can enjoy our state’s world-class great outdoors,” said Governor Polis. 

    Governor Polis also signed the bipartisan HB25-1021 – Tax Incentives for Employee-Owned Businesses, sponsored by Reps William Lindstedt and Rick Taggart and Senators Jeff Bridges and Mark Baisley. 

    “Employee-owned businesses provide good-paying jobs and support our strong economy. Ownership opportunities for employees are good for businesses and employees, driving growth, creating opportunity, and strengthening recruitment and retention. I am proud of our work to help businesses embrace the benefits of employee ownership,” said Governor Polis. 

    At Grand Junction Community Hospital, Governor Polis signed the bipartisan SB25-071 – Prohibit Restrictions on 340B Drugs, sponsored by Senators Dafna Michaelson Jenet and Janice Rich and Reps Matthew Martinez and Rick Taggart. 

    “We are focused on saving people money on health care, and costly prescription drugs can force Coloradans to decide between paying for prescriptions over food, housing, and other necessities. I am proud to sign a major new law to expand drug discounts and enable hospital providers to expand access to affordable care, including by lowering prescription medication costs. I continue to call on the federal government to grant Colorado’s waiver to import lower-cost prescription drugs from Canada,” said Governor Polis. 

    This afternoon, Governor Polis visited Glenwood Springs to sign the bipartisan SB25-272 – Regional Transportation Authority Sales and Use Tax Exemption, sponsored by Senators Faith Winter and Marc Catlin and Representatives Elizabeth Velasco and Meg Froelich. 

    “Building more housing near transit and expanding transit options is important for our goals to reduce pollution and make our high quality of life more affordable and liveable. This bill will help local governments and regional and local transit agencies build more workforce housing and provide more transportation options that save Coloradans time and money in all four corners of the state,” said Governor Polis. 

    Governor Polis then traveled to Colorado Mountain College to sign the bipartisan HB25-1186 – Work-Based Learning Experiences in Higher Education, sponsored by Representatives Matthew Martinez and Meghan Lukens, and Senators Janice Rich and Dafna Michaelson Jenet. 

    “Expanding opportunities for work-based learning for all students, whether they’re in K-12 or higher education, is important for our workforce, economy, and each student’s future. This bill will expand access to work-based learning in the classroom and in the workforce, helping students gain the skills to get good-paying jobs,” said Governor Polis. 

    Governor Polis also signed the following bipartisan bills into law: 

    • HB25-1080 – Wireless Telephone Infrastructure Deployment Incentives, sponsored by Representatives Meghan Lukens and Matt Soper, and Senator Nick Hinrichsen
    • HB25-1006 – School District Solar Garden Lease Term, sponsored by Representatives Meghan Lukens and Anthony Hartsook and Senators Jeff Bridges and Chris Kolker
    • HB25-1153 – Statewide Government Language Access Assessment, sponsored by Representatives Elizabeth Velasco and Junie Joseph and Senator Iman Jodeh 

    The Governor signed the following bills administratively: 

    • SB25-144 – Change Paid Family Medical Leave Insurance Program, sponsored by Senators Winter and Bridges, and Representatives Willford and Zokaie.
      • “This new law will lower the payroll tax rate and provide a stable, workable pathway for setting premiums and safeguarding the solvency of this fund going forward. It will also provide support to families with children in the NICU, ensuring parents and loved ones can take the time away from work needed to be with their families,” said Governor Polis. Read the Governor’s signing statement.
    • HB25-1094 – Pharmacy Benefit Manager Practices, sponsored by Representatives Brown and Johnson, and Senators Pelton and Roberts. Read the Governor’s signing statement.
    • HB25-1259 – In Vitro Fertilization Protection & Gamete Donation Requirements, sponsored by Representatives Froelich and Brown, and Senators Cutter and Daugherty
    • HB25-1285 – Veterinary Workforce Requirements, sponsored by Representatives McCormick and Johnson, and Senators Kipp and Pelton
    • HB25-1301 – Authorizing Voice Court Reporter to Give Oath, sponsored by Representatives Carter and Espenoza, and Senators Roberts and Gonzales
    • HB25-1304 – Extension of Restitution Deadlines, sponsored by Representatives Froelich and Soper, and Senators Snyder and Bright
    • HB25-1318 – Species Conservation Trust Fund Projects, sponsored by Representatives McCormick and Soper, and Senators Roberts and Catlin
    • HB25-1326 – Updating Safety Net Provider Terminology, sponsored by Representatives Espenoza and Bradley, and Senator Ball
    • SB25-158 – State Agency Procurement & Disposal Certain Items, sponsored by Senators Sullivan and Gonzales, and Representatives Froelich and Brown
    • SB25-278 – Epinephrine Administration in Schools, sponsored by Senator Mullica, and Representatives Stewart and Bradley
    • SB25-285 – Updating Food Establishment Inspection Fees, sponsored by Senator Roberts, and Representatives Lukens and Soper
    • SB25-292 – Workforce Capacity Center, sponsored by Senators Amabile and Bridges, and Representatives Sirota and Taggart
    • SB25-308 – Medicaid Services Related to Federal Authorizations, sponsored by Senators Amabile and Kirkmeyer, and Representatives Taggart and Sirota
    • SB25-309 – Authorize Legislative Fellows, sponsored by Senator Simpson, and Representatives Brown and Bradfield
    • SB25-298 – Remove Term Homosexuality from Criminal Code, sponsored by Senators Daugherty and Lundeen, and Representatives Lindsay and Lukens
    • SB25-312 – American Rescue Plan Act Funds, sponsored by Senators Amabile and Kirkmeyer, and Representatives Bird and Sirota
    • SB25-313 – Proposition 123 Revenue Uses, sponsored by Senators Amabile and Bridges, and Representatives Bird and Sirota 

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Governor Newsom announces appointments 5.30.25

    Source: US State of California Governor

    May 30, 2025

    SACRAMENTO – Governor Gavin Newsom today announced the following appointments:

    Connie Nakano, of Elk Grove, has been appointed Assistant Director of the Office of Strategic Initiatives and Equity at the Department of Aging. Nakano has been Assistant Director of Communications at the Department of Aging since 2021. She was Assistant Deputy of Communications at the California Transportation Commission from 2020 to 2021. Nakano was a Public Information Officer at the California Department of Rehabilitation from 2017 to 2020. She was a Senior Marketing Specialist at the California Earthquake Authority from 2009 to 2017. Nakano was a National Interactive Account Manager at the Sacramento Bee from 2008 to 2009. She was an Advertising Account Manager at KMAX TV from 2004 to 2007. Nakano was an Advertising Account Manager at Valley Yellow Pages from 2002 to 2004. She was a Sales and Marketing Coordinator at KQCA 58 from 2000 to 2002. Nakano earned a Bachelor of Arts degree in Communications from California State University, Sacramento. This position does not require Senate confirmation, and the compensation is $161,064. Nakano is a Democrat.

    Patrick Schoch, of Byron, has been appointed to the 23rd District Agricultural Association Contra Costa County Fair Board. Schoch has been a Deputy Sheriff at the San Francisco Sheriff Office since 1998.  He served in the United States Marine Corps from 1994 to 2001 and in the United States Coast Guard from 2002 to 2024. This position does not require Senate confirmation, and there is no compensation. Schoch is a Republican.
     
    Jonathon Porter, of Tulare, has been appointed to the 24th District Agricultural Association Tulare County Fair Board. Porter has been a Risk Management Consultant at Nationwide since 2022 and the Administrator of Machado Dairy & Farming Company Inc. since 2014. He held multiple positions for the County of Tulare from 2020 to 2022, including Agricultural and Standards Inspector at the Agricultural Commissioner’s Office and Administrative Assistant. Porter is a member of the Cabrillo Civics Club of California. He earned a Master of Business Administration degree in Agricultural Business from Quantic School of Business and Technology and a Bachelor of Science degree in Agricultural Science from California State University, Fresno. This position does not require Senate confirmation, and there is no compensation. Porter is registered without party preference. 

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    May 30, 2025

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    News SACRAMENTO — In a callous moment during a townhall this morning, Republican U.S. Senator Joni Ernst shrugged off the devastating human toll of President Donald Trump’s proposed plan to fund tax breaks for the rich by gutting Medicaid and food assistance — saying,…

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Homes fit for heroes with extra £1.5 billion for forces housing through upcoming Strategic Defence Review

    Source: United Kingdom – Government Statements

    Press release

    Homes fit for heroes with extra £1.5 billion for forces housing through upcoming Strategic Defence Review

    Record additional funding for forces family housing to tackle state of accommodation, and builds on the Defence Consumer Charter to transform living conditions for service families.

    • More than £1.5 billion extra for forces family housing means more than £7 billion to be spent on military accommodation in this Parliament, tackling the poor state of forces accommodation across the country.
    • Record investment builds on the new Defence Consumer Charter to transform living conditions for military families after landmark deal to bring 36,347 homes back into public ownership.
    • New funding will support urgent repairs and long-term renewal of military housing across the nations and regions of the UK.

    Thousands of British military personnel and their families will have their lives improved through more than £1.5 billion of additional funding to improve accommodation for the UK Armed Forces.

    The investment will be confirmed as part of the launch of the Government’s upcoming Strategic Defence Review (SDR), helping renew the nation’s contract with those who serve, supporting the government’s Plan for Change.

    Through the upcoming SDR more than £1.5 billion of new investment into service family accommodation will unlock rapid work to tackle the poor state of forces housing – with investment increasing from this year – helping to support recruitment, retention and morale.

    This will include urgent repairs and maintenance, from fixing unreliable boilers and leaky roofs to tackling damp and mould in service family accommodation, alongside development of new forces housing, as part of unlocking the wider potential for housing development on surplus MOD land.

    The additional funding for accommodation means more than £7 billion will be spent across this Parliament on service family accommodation and new build single living accommodation to deliver a generational renewal of Armed Forces accommodation. This will be guided by the forthcoming Defence Housing Strategy – which is proceeding at pace and has already seen the announcement of a new Consumer Charter to strengthen housing standards for forces families. 

    The SDR will set a path for the next decade to transform defence and make the UK secure at home and strong abroad. It will end the hollowing out of our Armed Forces and make defence an engine for growth across the UK.

    Defence Secretary, John Healey MP said:

    Our Armed Forces personnel make extraordinary sacrifices to serve our country.

    For too long, many military families have lived in sub-standard homes, but this government is taking decisive action to fix the dire state of military accommodation and ensure that our heroes and their loved ones live in the homes they deserve.

    We are investing and acting fast, to fix forces housing and renew the nation’s contract with those who serve and deliver on our Plan for Change.

    The delivery of the Government’s new Consumer Charter will see immediate investment in urgent renovation of 1,000 homes in most need of repair. The Charter will also see basic consumer rights rapidly introduced for forces families, including essential property information and higher move-in standards, more reliable repairs, a named housing officer for every family, and access to a robust complaints system – helping to deliver homes fit for our heroes.

    The record investment follows the Government’s landmark deal to bring back 36,000 military homes into public ownership, as part of the Prime Minister’s pledge to deliver home fit for heroes.

    The SDR will say that the Ministry of Defence should improve the overall standard of military accommodation, including prioritising sites that are in most urgent need of repair. The Terms of Reference for the Review committed to put ‘Defence personnel…at the heart of Defence’s plans.’

    The announcement comes alongside another above-inflation pay rise for the Armed Forces, announced by the Government last week. This is the second inflation busting pay rise awarded by the Government since last July, with last year’s award representing the biggest pay rise for Armed Forces personnel in over 20 years.

    Updates to this page

    Published 31 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI Security: Hammond Woman Sentenced to Two Years for Cares Act Fraud

    Source: Office of United States Attorneys

    NEW ORLEANS – Acting U.S. Attorney Michael M. Simpson announced that TRACIE L. MIXON (“MIXON”), age 43, of Hammond, LA, was sentenced on May 27, 2025 to two (2) years in prison by U.S. District Judge Susie Morgan, after previously pleading guilty to making false statements related to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). 

    On March 27, 2020, The CARES Act established several new temporary programs and provided for the expansion of others to address the COVID-19 pandemic.  Among these programs, the Paycheck Protection Program (PPP) authorized forgivable loans backed by the U.S. Small Business Administration (SBA) to small businesses to retain workers and maintain payroll, make mortgage interest payments, lease payments, and utility payments.  The PPP allows the interest and principal on the PPP loan to be forgiven if the business spends the loan proceeds on these expense items within a designated period of time after receiving the proceeds and uses at least a certain percentage of the PPP loan proceeds on payroll expenses.

    According to court documents, MIXON made false statements on an SBA form to an approved lender on or about February 23, 2021, to fraudulently obtain a PPP loan. MIXON affirmed that she had not been previously convicted of federal program financial assistance fraud when, in truth, she pled guilty, in the Eastern District of Virginia, to conspiracy to commit federal student loan fraud and mail fraud in a scheme that involved stolen identities.

    Additionally, MIXON was ordered to pay $31,000 in restitution to the lending institution and the SBA and faces three (3) years of supervised release and payment of a $100 mandatory special assessment fee.

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

    Acting U.S. Attorney Simpson praised the work of the United States Secret Service in investigating this matter.  Assistant U.S. Attorney Edward J. Rivera of the Financial Crimes Unit was in charge of the prosecution.

    MIL Security OSI –

  • MIL-OSI USA: Baldwin Holds Trump Accountable for Unlawfully Dismantling Minority Business Development Agency

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin
    WASHINGTON, D.C. – U.S. Senator Tammy Baldwin (D-WI) joined her colleagues in demanding the Trump Administration detail its compliance with a May 13 federal court injunction that ordered it to stop the illegal dismantling of the Minority Business Development Agency (MBDA) and restore the agency’s personnel and grantmaking capacities. The lawsuit that resulted in the injunction was brought by twenty-one states, including Wisconsin.
    Despite the clear authority of Congress to establish and appropriate funding for the MBDA, President Trump issued an Executive Order in March effectively eliminating the agency. The Department of Commerce then fired virtually the entire workforce and cancelled the MBDA’s grant programs.
    “Twenty-one states sued the Administration, seeking a preliminary injunction to prevent the Administration from carrying out the Executive Order,” wrote Baldwin and the Senators in a letter to Keith Sonderling, Acting Under Secretary for MBDA. “The states argued that implementation of the Executive Order violates the Administrative Procedure Act, the Constitution’s Take Care Clause, and separation of powers principles under the Constitution.”
    Baldwin and the Senators underscored that in granting the injunction, the Court said President Trump’s Executive Order usurped Congress’s “power of the purse, by disregarding congressional appropriations” and its “vested authority to create and abolish federal agencies.”
    “The Court’s order detailing how the Trump Administration must comply with the injunction makes it clear that the MBDA’s personnel and grantmaking capabilities must be restored,” Baldwin and the Senators continued, and asked the Under Secretary to provide “a complete description of all actions taken by the Department or MBDA ‘to reverse any policies, memoranda, directions, or actions issued before’ the Injunction, intended to implement the Executive Order.”
    Earlier this month Senator Baldwin demanded answers from Sonderling regarding the dismantling of the MBDA. Baldwin also pressed Secretary Lutnick on March 25 and April 17, about the gutting of MBDA, despite his testimony before the Commerce Committee stating he would not support doing so.
    Senator Baldwin worked with Republicans to include the Minority Business Development Act of 2021 as an amendment to the Infrastructure Investment and Jobs Act (IIJA), making the MBDA permanent and increasing its funding authorization and reach. Baldwin then worked to bring a new Minority Business Development Center to Wisconsin, along with a $1.61 million grant to support its work assisting small businesses.
    The full letter is available here and below.
    Acting Under Secretary Sonderling:
    On May 13, 2025, the United States District Court for the District of Rhode Island issued a preliminary injunction in State of Rhode Island, et al. v. Donald J. Trump, et al. ordering the Department of Commerce (Department) to halt its unlawful dismantling of the Minority Business Development Agency (MBDA) pursuant to President Trump’s Executive Order 14238, “Continuing the Reduction of the Federal Bureaucracy” (Executive Order). We write to ensure that the Department is complying with its obligations under the preliminary injunction.
    In 2021, Congress permanently authorized the MBDA in bipartisan legislation, the Minority Business Development Act of 2021 (MBDA Act), which was enacted as part of the Infrastructure Investment and Jobs Act. Last year, Congress funded the MBDA pursuant to the Consolidated Appropriations Act, 2024, which appropriated $68.25 million for the “necessary expenses of the Minority Business Development Agency in fostering, promoting, and developing minority business enterprises, as authorized by law.” That same level of funding has been appropriated through the Full-Year Continuing Appropriations and Extensions Act, 2025 (P.L. 119-4) 
    Despite the clear directive and appropriations by Congress, President Trump’s Executive Order, issued on March 14, 2025, called for effectively eliminating the MBDA, among other agencies. Following the issuance of the Executive Order, the Trump Administration unilaterally dismantled the MBDA—terminating virtually all its staff, canceling its grant programs, and removing its signage from the Department.
    Twenty-one states sued the Trump Administration, seeking a preliminary injunction to prevent the Administration from carrying out the Executive Order. The states argued that implementation of the Executive Order violates the Administrative Procedure Act, the Constitution’s Take Care Clause, and separation of powers principles under the Constitution. The Court found that the state plaintiffs are likely to succeed on all of their claims and granted the injunction, halting implementation of the Executive Order. In its analysis of the states’ Constitutional claims, the Court said the following:
    By issuing the [Executive Order]—which effectively directs withholding the funds that Congress recently statutorily appropriated to [MBDA], resulting in the cessation of several of their programs, see supra—the Executive is usurping Congress’s: (1) power of the purse, by disregarding congressional appropriations; and (2) vested legislative authority to create and abolish federal agencies.
    The Court’s order detailing how the Trump Administration must comply with the preliminary injunction makes it clear that the MBDA’s personnel and grantmaking capabilities must be restored. This is good news for the American public. In Fiscal Year 2024 alone, the MBDA helped the country’s more than 12 million minority businesses access over $1.5 billion in capital and create or retain approximately 23,000 jobs.
    Given the important mission of the MBDA, it is essential that Congress and the public understand how the Trump Administration is complying with the preliminary injunction. Therefore, we are requesting you to report on the following by June 9, 2025:
    A complete description of all actions taken by the Department or MBDA to enjoin the implementation of Section 2 of the Executive Order. 
    A complete description of all actions taken by the Department or MBDA “to reverse any policies, memoranda, directions, or actions issued before” the injunction, intended to implement the Executive Order.
    Confirmation that the Department or MBDA has “not take[n] any further actions to eliminate [the MBDA] pursuant to” the Executive Order.
    A complete description of all actions taken by the Department or MBDA to take “all necessary steps to restore all [MBDA] employees and personal service contractors, who were involuntarily placed on leave or involuntarily terminated due to the implementation of” the Executive Order “to their status before March 14, 2025.”
    Confirmation that the Department or MBDA “shall not further pause, cancel, or otherwise terminate [MBDA] grants or contracts or fail to disburse funds to recipients in plaintiff States according to such grants or contracts for reasons other than the grantees or contractors’ non compliances with applicable grant or contract terms.”
    A complete description of all actions taken by the Department or MBDA to “take immediate steps to resume the processing, disbursement, and payment of already-awarded funding, and to release awarded funds previously withheld or rendered inaccessible due to or in reliance on Section 2 of the” Executive Order.
    In addition, in the event that any MBDA employees or personal service contractors are unable to resume their roles lost due to their involuntary terminations and leave under the Executive Order, please provide a complete description of all actions taken to address any gaps in staffing at the MBDA following implementation of the preliminary injunction.

    MIL OSI USA News –

  • MIL-OSI Security: New Orleans Man Sentenced to 5 Years of Probation for Cares Act Fraud, Money Laundering and False Tax Filing

    Source: Office of United States Attorneys

    NEW ORLEANS – Acting U.S. Attorney Michael M. Simpson announced that CLIFTON C. JAMES (“JAMES”), age 50, of New Orleans, was sentenced today by U.S. District Judge Jane Triche-Milazzo to 5 years of probation for making false statements, theft of government funds, and money laundering related to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), as well as making a false tax filing with the Internal Revenue Service.

    On March 27, 2020, the President of the United States signed into law the CARES Act, which provided emergency assistance, administered by the United States Small Business Administration (SBA), to small business owners affected by the Coronavirus (COVID-19) pandemic.  The two primary sources of funding for small businesses were the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loans (EIDL) program.

    According to the charging documents, or about April 30, 2020, JAMES, on behalf of a business that he owned, made false statements to an approved lender to obtain a $86,800 PPP loan.  On or about July 13, 2020, JAMES stole $149,900 from the SBA by using a false application in the name of Crescent City Tax Services, LLC.  JAMES then committed money laundering by using these ill-gotten funds to buy an automobile from a dealership in California.  Lastly, JAMES  filed a false document with the Internal Revenue Service wherein he claimed to have earned $1.00 in a 2019 tax return.

    In addition to probation, JAMES was ordered to perform 50 hours of community service and to pay restitution in the amount of $551,973.00 to the SBA along with restitution to the IRS in the total amount of $233,645.65.  There is also a mandatory $400 special assessment fee.

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

    This case was investigated by an agent assigned to the Pandemic Response Accountability Committee (PRAC) Fraud Task Force.  The PRAC was established to serve the American public by promoting transparency and facilitating coordinated oversight of the federal government’s COVID-19 pandemic response.  The PRAC’s 21 member Inspectors General identify major risks that cross program and agency boundaries to detect fraud, waste, abuse, and mismanagement in the more than $5 trillion in COVID-19 spending.  The PRAC Fraud Task Force brings together agents from 15 Inspectors General to investigate fraud involving a variety of programs, including the Paycheck Protection Program.  Task force agents who are detailed to the PRAC receive expanded authority to investigate pandemic fraud as well as tools and training to support their investigations.

    Acting U.S. Attorney Simpson praised the work of the U.S. Department of Veterans Affairs – Office of Inspector General (a member of the PRAC) and the Internal Revenue Service – Criminal Investigation in investigating this matter.  Assistant U.S. Attorney Edward J. Rivera of the Financial Crimes Unit was in charge of the prosecution.

    MIL Security OSI –

  • MIL-OSI USA: After Leading Congressional Delegation to Canada, Shaheen Highlights Harms of Trump’s Tariffs on Local Businesses and Summer Tourism

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen
    (Moultonborough, NH) – After leading a bipartisan Congressional delegation (CODEL) to Canada last week, U.S. Senator Jeanne Shaheen (D-NH) highlighted the local impacts of President Trump’s sweeping tariffs on Granite State businesses at Colby Footwear in Rochester and discussed the negative effects on the summer tourism season with the Mount Washington Valley Chamber of Commerce in North Conway. Photos from today’s events can be found here. 
    “In New Hampshire, we should be preparing to welcome Canadian visitors for the summer tourism season – but instead, local businesses and retail sectors across the state are worrying about how travel cancellations and higher costs resulting from the President’s reckless tariffs on Canada will impact their bottom line and ability to operate,” said Senator Shaheen. “I’ll continue listening to the challenges that Granite Staters are facing so I can ensure their voices are heard in Washington.” 
    Last week, Shaheen led U.S. Senators Kevin Cramer (R-ND), Amy Klobuchar (D-MN), Tim Kaine (D-VA) and Peter Welch (D-VT) on a bipartisan delegation visit to Ottawa, Canada where they met with Prime Minister Mark Carney and members of his cabinet, the Business Council of Canada and other leading Canadian companies and business groups. The delegation reaffirmed the strong U.S.-Canada partnership and support for our bilateral relationship among Congress and the American people.   
    Senator Shaheen is helping lead efforts in Congress to mitigate the harmful impacts of President Trump’s tariffs. In January, Shaheen introduced the Protecting Americans from Tax Hikes on Imported Goods Act which would limit the president’s ability to leverage sweeping tariffs that increase costs for American consumers and families. Her effort to pass this bill by unanimous consent was blocked by Senate Republicans. In recent months, Shaheen has traveled across the Granite State to visit businesses including Chatila’s Bakery, C&J, DCI Furniture, Mount Cabot Maple, American Calan Inc. and NH Ball Bearings to hear directly from Granite Staters impacted by the administration’s tariffs.  
    Later in the day, Shaheen toured Castle in the Clouds in Moultonborough to discuss the upcoming summer tourism season and celebrate the site’s recent designation as a National Historic Landmark. In September of 2024, Shaheen sent a letter to National Park Service Director Charles Sams supporting the designation. 
    “Castle in the Clouds is a Granite State icon that does important work to help preserve New Hampshire’s stunning outdoor spaces and history,” said Shaheen. “I was glad to visit the beautiful landmark today to discuss the upcoming summer tourism season and the work we need to do to ensure Castle in the Clouds can thrive for future generations of Granite Staters to enjoy.” 
    Senator Shaheen has long drawn attention to the integral role Castle in the Clouds plays in fueling New Hampshire’s tourism economy. The 5,500-acre estate sees over 50,000 visitors annually. 

    MIL OSI USA News –

  • MIL-OSI: MediPharm Labs Refuses to Answer Direct Questions Regarding Credible Securities Fraud Allegations Says Apollo Capital

    Source: GlobeNewswire (MIL-OSI)

    Demands Management’s Board Nominees John Medland and Emily Jameson Withdraw Immediately or Face Public Complicity in Ongoing Alleged Systemic Violations of Securities Laws

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

    TORONTO, May 30, 2025 (GLOBE NEWSWIRE) — Apollo Technology Capital Corporation (“Apollo Capital”), which together with its affiliates and associates collectively is one of the largest shareholders of MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) (“MediPharm”, “MediPharm Labs”, or the “Company”), owning approximately 3% of the Company’s common stock, today condemned MediPharm Labs and its leadership team for their blatant failure and outright refusal to answer simple, direct, and highly serious questions concerning credible allegations of alleged extensive securities act disclosure violations committed by the MediPharm Labs’ Board of Directors (the “Board”) and management team.

    In a deeply troubling display of evasion and obfuscation, MediPharm Labs’ senior management and current board—including Chairman Chris Taves (Managing Director and Head of Capital Markets for Asia at BMO), CEO David Pidduck (former CEO of OxyContin® Manufacturer Purdue Pharma), Shelley Potts, Chris Halyk, Keith Strachan, and recently resigned Audit Committee Chair Michael Bumby—have persistently refused to respond meaningfully to allegations of systemic and intentional securities fraud.

    Apollo Capital asks incoming MediPharm Labs Board nominees John Medland and Emily Jameson: How long will you continue standing for election to a board that consistently refuses to answer basic questions about credible allegations of securities fraud? Are you prepared to potentially permanently stain your professional reputations by associating yourselves with an entity that has been accused of deliberately evading accountability and transparency?

    Apollo Capital demands immediate, straightforward answers from MediPharm’s directors to the following questions:

    Has MediPharm Labs changed its revenue recognition practices from those in place two years ago?

    Is any purported growth simply a result of creative accounting designed to deceive shareholders?

    Given the undeniable gravity and credible evidence surrounding these allegations, Apollo Capital reiterates its urgent call for an immediate, comprehensive investigation by regulatory authorities including the Ontario Securities Commission (OSC), the Toronto Stock Exchange (TSX), and the U.S. Securities and Exchange Commission (SEC).

    Earlier this week, Apollo Capital raised broader concerns about the current Board’s commitment to ethical conduct, asking its fellow shareholders if they felt like Chairman Chris Taves properly fulfilled his fiduciary and moral duties and obligations to make them fully aware of David Pidduck’s history as CEO and VP of Marketing for OxyContin® Manufacturer Purdue Pharma, and whether they felt like details of Pidduck’s very recent past were MATERIAL facts that Chairman Taves should have made crystal clear before asking them on multiple occasions to vote in favour of Pidduck’s outrageous and off-market compensation package.

    Apollo Capital’s nominees, experienced professionals known for corporate turnarounds, have clearly outlined their mission: to root out any corporate rot, restore credibility, and return value to shareholders.

    MediPharm Labs shareholders deserve accountability, transparency and competent leadership—not empty claims, evasive tactics and an almost complete destruction of investor value.

    Previous Apollo Capital press releases detailing allegations of fraudulent and unethical activities at MediPharm Labs can be accessed here:

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

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

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

    Contacts

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

    For Media:
    CureMediPharm@gasthalter.com

    Legal Disclosures

    Information in Support of Public Broadcast Exemption under Canadian Law

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

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

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

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

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

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

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

    Cautionary Statement Regarding Forward-Looking Statements

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

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

    The MIL Network –

  • MIL-OSI: Oak Woods Acquisition Corporation Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

    Source: GlobeNewswire (MIL-OSI)

    New York, May 30, 2025 (GLOBE NEWSWIRE) — Oak Woods Acquisition Corporation. (Nasdaq: OAKU) (the “Company”) today announced it received a delinquency notification letter from Nasdaq on May 27, 2025, which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the delayed filing of the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2025 (the “Quarterly Report”). The Nasdaq Listing Rule requires listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). This notification has no immediate effect on the listing of the Company’s securities on Nasdaq.

    The Notice states that the Company has 60 calendar days to submit a plan to regain compliance and if the Nasdaq accepts such plan, the Nasdaq can grant an exception of up to 180 calendar days from the Quarterly Report’s due date, or until November 17, 2025 (the “Compliance Date”), to regain compliance. The Notification Letter does not impact the Company’s listing on The Nasdaq Capital Market at this time.

    The Company is currently in the final stages of completing work on its 10-Q for the quarter ended March 31, 2025. While the Company has not yet filed its Quarterly Report on Form 10-Q, it is working diligently with its independent registered public accounting firm to complete the remaining audit procedures. The delay in filing is not due to any disagreement with the Company’s auditors and the Company expects to file the Form 10-Q promptly upon completion of the audit review process.

    About Oak Woods Acquisition

    Oak Woods Acquisition Corporation is a blank check company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition, or other similar business combination with one or more businesses or entities. On August 11, 2023, Oak Woods Acquisition Corporation, a Cayman Islands corporation (“Oak Woods”), entered into a Merger Agreement and Plan of Reorganization (the “Merger Agreement”) with Oak Woods Merger Sub, Inc., a Cayman Islands corporation and a wholly owned subsidiary of Oak Woods (“Merger Sub”), Huajin (China) Holdings Limited, a Cayman Islands corporation (“Huajin”) and Xuehong Li, in his capacity as the representative of the Huajin shareholde (“Shareholders’ Representative”), as amended by its agreement to extend the date by which a Business Combination is required to be completed to June 28, 2024, dated March 23, 2024, and subsequently by the First Amendment to the Merger Agreement entered into by Oak Woods, Huajin, Merger Sub, and the Shareholders’ Representative on June 26, 2024 extending the time to complete its business combination to September 28, 2024.

    On October 1, 2024 the Company announced that, as approved by the shareholders of the Company at the Extraordinary General Meeting adjourned from September 25, 2024 and held on September 26, 2024 (the “September EGM”), the following proposals were approved thereby amending the Amended and Restated Articles and Memorandum of Association of the Company to give the Company the right to extend the date by which the Company has to complete a business combination from September 28, 2024 to March 28, 2025, by depositing into the Trust Account $172,500 per for each one-month extension, on or prior to the date of the applicable deadline, for up to six (6) times.

    On March 26, 2025 the Company announced that, as approved by the shareholders of the Company at the Extraordinary General Meeting held on March 20, 2025 (the “March EGM”), the following proposals were approved thereby amending the Amended and Restated Articles and memorandum of Association to give the Company the right to extend the date by which the Company has to complete a business combination from March 28, 2025 to September 28, 2025, by depositing into the Trust Account $172,500 per for each one-month extension, on or prior to the date of the applicable deadline, for up to six (6) times.

    As of May 30, 2025, our Sponsor has timely deposited all prior monthly extension deposits and again deposited $172,500 into our Trust Account, thereby extending the time available to the Company to complete our initial business combination until June 28, 2025.

    Forward Looking Statements

    This press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward- looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

    Contact:

    Lixin Zheng
    Chief Executive Officer
    Oak Woods Acquisition Corporation
    (+1) 403-561-7750

    The MIL Network –

  • MIL-OSI USA: Press Release: FDIC Announces Retirement of Patrick Mitchell, Director of the Division of Insurance and Research

    Source: US Federal Deposit Insurance Corporation FDIC

    WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) today announced the retirement of Patrick (Pat) Mitchell, Director of the Division of Insurance and Research (DIR). 

    “Pat’s intellectual prowess, wide-ranging expertise, and deep understanding of economic, banking, and policy issues has been a tremendous resource for our agency,” said FDIC Acting Chairman Travis Hill. “Whether he was analyzing risks in the banking sector or managing the FDIC’s Deposit Insurance Fund (DIF), Pat always approached his work thoughtfully and proficiently.”

    Mr. Mitchell joined the FDIC in 2010 as a financial analyst and served in several other management roles before being named division director in May 2022. He oversaw the FDIC’s work monitoring existing and emerging risks to the DIF, and led DIR’s response to the 2023 regional bank failures.

    During his 15 years at the FDIC, Mr. Mitchell also served as Deputy Director for Risk Analysis and Pricing, Associate Director of Asset Management in the Division of Resolutions and Receiverships (DRR), and Chief of DIR’s Large Bank Pricing section.

    Mr. Mitchell is a Chartered Financial Analyst and earned a Master of Business Administration degree from the University of North Carolina at Chapel Hill and a Bachelor of Science degree in economics from the United States Military Academy.  He also attended the Senior Managers in Government program at the Harvard Kennedy School.

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    MEDIA CONTACT: 
    mediarequests@fdic.gov

    MIL OSI USA News –