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Category: Commerce

  • MIL-OSI United Kingdom: Talks relaunch on India trade deal to boost UK’s growth agenda

    Source: United Kingdom – Executive Government & Departments

    Press release

    Talks relaunch on India trade deal to boost UK’s growth agenda

    UK-India free trade talks are being relaunched, with a visit to India by the Business and Trade Secretary.

    • UK-India trade talks kick off in New Delhi today with Business and Trade Secretary Jonathan Reynolds meeting with Commerce Minister Piyush Goyal
    • Deal aims to deliver economic growth and bring Indian economy – world’s third largest by 2028 – within reach for more UK businesses
    • Push to attract investment will take place in financial capital Mumbai and tech hub Bengaluru by Investment Minister Poppy Gustafsson

    The relaunch of talks on a UK-India trade deal will take place today [Monday 24 February], as UK ministers arrive in India to negotiate a huge economic prize helping to deliver on the growth agenda.

    India is forecast to have the highest growth rate in the G20 for the next five years and set to become the world’s third biggest economy by 2028. With an expected 95 million strong middle class by 2035, there are more and more opportunities every day for UK businesses to sell to consumers in India ready to buy British.

    Securing trade deals with massive global economies like India demonstrates the UK’s commitment to free and fair trade and how this Government will support jobs, prosperity, and real change for the British people as part of the Plan for Change.

    Business and Trade Secretary Jonathan Reynolds said:

    Securing a trade deal with what is soon-to-be the third biggest economy in the world is a no-brainer, and a top priority for me and this Government. That is why I’m flying to New Delhi with our top negotiating team to show our commitment to getting these talks back on track.

    Only a pragmatic government can deliver the economic growth and stability that the British public and British businesses deserve, delivering on the Plan for Change.

    Growth will be the guiding principle in our trade negotiations with India and I’m excited about the opportunities on offer in this vibrant market.

    Trade ministers from both countries will kickstart negotiations on a modern economic deal with two-days of focused discussions – the first time both negotiating teams have formally got around the table under this government.     

    Standard Chartered UK CEO and Head, Client Coverage UK, Saif Malik said:

    We warmly welcome efforts to strengthen trade ties with one of the world’s most dynamic and fastest growing markets. As a leading global bank operating in India for over 160 years, the opportunities for British businesses are significant.

    Whether it’s improved access to India’s growing consumer market, opportunities in manufacturing, infrastructure and innovation, or collaboration in financial and professional services, the relaunch of trade talks can unlock even greater trade, investment and prosperity across the UK-India corridor.” 

    Chair of UK India Business Council Richard Heald said:

    The UK Government’s visit reaffirms its commitment for a new ambitious and future-focused trade & investment relationship with India. 

    We are delighted to note the progress on the UK-India Free Trade Agreement negotiations. Success in the FTA will support further economic growth for the world’s 5th and 6th largest economies. It will catalyse collaboration beyond into other areas too. Importantly, it will signal the UK and India are strategic partners. This is truly an exciting chapter of the UK-India partnership.

    The talks will open against a backdrop of Indian commerce and artisans on a joint visit to Delhi’s National Crafts Museum. The pair will also spend time visiting BT India’s office in Gurugram – one of the largest UK employers in India – to see first-hand how UK tech and Indian talent are helping solve global challenges.

    As part of the visit, Investment Minister Poppy Gustafsson will address investors in two of the country’s foremost business centres Mumbai and Bengaluru, to sell the UK as the best and most connected place for Indian businesses to invest.

    India has been the second biggest source of FDI into the UK for five consecutive years in terms of number of projects. In terms of value, the most recent stats show a 28% year-on-year increase in investment stock at the end of 2023.

    The UK offer for Indian investors has never been stronger, she will tell businesses, thanks to the government’s drive to restore economic stability and boost investor confidence as part of the Plan for Change.

    The UK and India are currently the sixth and fifth largest global economies respectively, with a trade relationship worth £41 billion and investment supporting over 600,000 jobs across both countries.

    A trade deal could unlock new opportunities for businesses and consumers in all regions and nations of the UK, support jobs, boost wages, and back the high-growth sectors identified in the government’s upcoming Industrial Strategy, such as advanced manufacturing, clean energy, financial services, and professional and business services.

    Notes to editors

    Updates to this page

    Published 23 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: Minister Hardeep Singh Puri Highlights Delhi University’s Legacy at Lit Fest Panel Discussion

    Source: Government of India (2)

    Posted On: 22 FEB 2025 8:17PM by PIB Delhi

    Shri Hardeep Singh Puri, Minister of Petroleum and Natural Gas, participated in a panel discussion on the sidelines of Delhi University’s Lit Fest today, where he spoke about the evolution of Delhi University over the years and its significant contributions to academia and society. The panel included distinguished personalities such as Smt Lakshmi Puri, acclaimed author of the best-seller “Swallowing the Sun”, Shri Sanjeev Sanyal, a member of the Economic Advisory Council to the Prime Minister, and Shri Raian Karanjawala, managing partner at Karanjawala & Co.

    During the discussion, Shri Puri elaborated on the rich legacy of Delhi University, underscoring how its faculty, students, and administrators have shaped it into one of India’s premier educational institutions. He emphasized that universities must continually adapt to new developments in fields such as artificial intelligence and machine learning while maintaining their traditional academic excellence.

    A key highlight of the discussion was the book “Delhi University – Celebrating 100 Glorious Years”, edited by Shri Puri himself. The anthology brings together essays from eminent scholars and alumni, capturing the university’s vibrant culture and its profound influence on generations of students. The book includes a foreword by legendary actor Shri Amitabh Bachchan, whose reflections add to the narrative of the institution’s illustrious history.

    Shri Puri shared insights into the diverse contributions featured in the book, recounting how various essayists provided anecdotal yet scholarly perspectives on their experiences at Delhi University. He noted that these essays collectively trace the institution’s journey over the past century, showcasing its role in nurturing leaders across various fields, including literature, law, and governance.

    He also highlighted the inspiring stories of notable alumni, ranging from prominent literary figures to influential policymakers. He mentioned contributions from authors, journalists, and legal experts, each offering unique perspectives on the university’s influence on their personal and professional growth.

    Shri Puri further announced that the proceeds from the book’s sales would be directed towards a charitable cause, encouraging alumni and well-wishers to support the initiative.

    Speaking during the discussion, Smt. Lakshmi Puri highlighted how Delhi University, particularly Lady Shri Ram College, became a symbol of feminism and gender empowerment. She spoke about how DU played a crucial role in challenging patriarchal norms and fostering independent thinking among women. The environment at LSR encouraged students (especially women) to break societal constraints, embrace modernity, and cultivate a strong sense of self-reliance.

    She also reflected on how DU in the 1970s was influenced by the second wave of feminism that was sweeping across Europe and the United States. Despite the absence of social media and instant connectivity, ideas of gender equality, women’s rights, and self-empowerment permeated university spaces, creating an intellectual awakening among students. She noted how DU became a hub for feminist thought, redefining the role of women in society and opening doors to leadership opportunities that were previously inaccessible.

    Shri Sanjeev Sanyal provided a historical overview of DU’s establishment in 1922 and its journey in becoming a premier institution.

    Shri Rajan Karanjawala recounted his days at SRCC and his active involvement in student politics. He reflected on the electrifying atmosphere of DU during the Emergency period, when student activism played a crucial role in resisting authoritarianism.

    The panel discussion, held at Shri Ram College of Commerce, saw enthusiastic participation from students, faculty, and literature enthusiasts. The interactive session allowed students to engage with the panelists, discussing issues ranging from academic excellence to policy reforms and the need for preserving DU’s intellectual legacy.

    The DU Lit Fest 2025, an annual celebration of literature, academia, and discourse, continues to be a vibrant platform for intellectual engagement. Shri Hardeep Singh Puri’s reflections on Delhi University’s enduring legacy set the stage for a deeper appreciation of the institution’s role in shaping India’s socio-political landscape.

    *****

    MONIKA

    (Release ID: 2105563) Visitor Counter : 16

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Kayco Issues an Allergy Alert on Undeclared Milk in Limited Units of Glicks Dark Chocolate Conettos

    Source: US Food and Drug Administration

    Summary

    Company Announcement Date:
    FDA Publish Date:
    Product Type:
    Food & Beverages
    Allergens
    Reason for Announcement:

    Recall Reason Description

    Undeclared milk allergen

    Company Name:
    Kayco
    Brand Name:

    Brand Name(s)

    Glicks

    Product Description:

    Product Description

    Dark Chocolate Conettos

    Company Announcement

    Bayonne, NJ. (February 21st, 2025) – Kayco, a Bayonne NJ company is recalling their Glicks Dark Chocolate Conettos because it may contain undeclared milk. People who have an allergy or severe sensitivity to milk, run the risk of serious or life-threatening allergic reaction if they consume these products.

    The Glicks Dark Chocolate Conettos were distributed to stores nationwide, predominately located in the New York, New Jersey and Connecticut regions, during the weeks of October 13th, 2024 through February 14th, 2025. Some units were sold on Amazon.com.

    This recall was initiated after the company was notified by their Quality Control Department that a limited number of bags labeled as “Dark Chocolate Conettos” contained Milk Chocolate Conettos, which contains milk allergen that is not declared on the label.

    Only packages bearing the Lot Code below, may potentially have milk Conettos in the “darkchocolate Conettos” bag.

    UPC Code 

    Description 

    Lot Code 

    840762044535 Case UPC
    is 10840762044549

    Glicks Dark Chocolate Conettos 2.47 oz

    02092024

    The company has received no reports of illness or injury to date.

    We immediately informed all retailers who had purchased this lot code about this recall and instructed them to inspect their inventory or remove any potential affected product on their shelves.

    Consumers who may have purchased this product are advised to inspect their product for the affected Lot Code 02092024. Consumers may return the product for credit or refund. If a consumer experiences an allergic reaction they are urged to report to a medical provider.

    Consumers who have questions may contact us at Customercare@kayco.com or by phone at 718-369-4600 Monday through Friday 9 AM to 5PM Eastern Time.

    This recall is being made with the knowledge of the Food and Drug Administration.

    Company Contact Information

    Product Photos

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: Centre secures ₹ 1.56 Crore Relief for Aspirants & Students in Education Sector through Refunds from Coaching Centres

    Source: Government of India (2)

    Centre secures ₹ 1.56 Crore Relief for Aspirants & Students in Education Sector through Refunds from Coaching Centres

    More than 600 aspirants and students from Civil Services, Engineering Course and other programmes successfully claimed refunds from Coaching Centres by filing grievances through the National Consumer Helpline (NCH)

    The Department of Consumer Affairs (DoCA) has directed Coaching Centres to adopt a student-focused approach and put an end to the unfair practice of denying refund claims from aspirants and students

    Posted On: 22 FEB 2025 1:55PM by PIB Delhi

    The Department of Consumer Affairs (DoCA), Government of India has successfully secured refunds amounting to ₹1.56 crore for over 600 aspirants and students in the education sector. These students, enrolled in coaching centres for Civil Services, Engineering Course and other programmes, were previously denied rightful refunds despite following the terms and conditions set forth by the coaching institutes.

    The relief was made possible through grievances filed by the students via the National Consumer Helpline (NCH), which facilitated a streamlined process for dispute resolution. The swift action by the Department has helped students receive compensation for unfulfilled services, late classes, or cancelled courses, ensuring they do not bear the financial burden of unfair business practices.

    In its decisive direction, Department of Consumer Affairs has instructed all coaching centres to adopt a student-centric approach, mandating clear, transparent refund policies to protect student’s financial interests. The Department has also made it clear that the unjust practice of denying legitimate refund claims will no longer be tolerated, urging educational institutions to uphold consumer rights.

    The Department of Consumer Affairs, through its proactive efforts, has also committed to strengthening the complaint redressal mechanism and educating students on their consumer rights, empowering them to take action in case of unfair treatment.

    The National Consumer Helpline has proven to be a vital resource in empowering students and aspirants in their quest for justice. Many students have shared their positive experience, highlighting how the NCH assisted them in navigating the complexities of refund claims and providing timely resolutions.

    Through the platform, individuals were able to resolve issues without the need for protracted legal battles, saving time and energy while ensuring fair outcomes. By resolving grievances at the pre-litigation stage, NCH has helped prevent the escalation of disputes, offering an effective and accessible alternative to formal legal proceedings. This service has proven especially beneficial for students, who now have a dependable avenue to safeguard their interests.

    As part of the initiative, the DoCA continues to advocate for student rights and encourages all students facing similar issues to use the National Consumer Helpline platform for quick resolution. The Department also urges Coaching Centres to adhere to the guidelines set forth, ensuring transparency, accountability, and a student-friendly approach.

     

    Positive Outcomes in Grievance Redressal Mechanism

    1. A consumer had taken hostel accommodation for uninterrupted studies but encountered multiple deficiencies in the services provided, which clearly violated the policy and constituted an unfair trade practice. With the intervention of the National Consumer Helpline, the consumer successfully received a refund. The consumer reviewed the outcome, stating, “The complaint was addressed by the company and a fair solution is given by the company.” Chennai, Tamil Nadu

     

    1. A consumer enrolled in a Psychology workshop after being pressured by the company’s claim that only a few seats were left. After making the payment, the consumer was denied a seat and subsequently denied a refund. However, following intervention by the National Consumer Helpline (NCH), the consumer’s refund was successfully facilitated. The consumer shared their feedback, stating, “The company has refunded the full amount.”- Rajkot, Gujarat

     

    1. A JEE aspirant purchased a course, but the institute denied the purchase despite the consumer providing proof of payment. The consumer faced an unfair trade practice and registered a grievance with the National Consumer Helpline (NCH). With NCH’s intervention, the refund was successfully processed, and the consumer expressed gratitude, stating, “Refund RECEIVED, Thank You.”- Jamshedpur, Jharkhand

     

    1. A consumer joined a campus but left due to services not aligning with the promised policies. When the institute denied a refund, the consumer approached the National Consumer Helpline (NCH), which successfully facilitated the refund. The consumer shared their positive experience, saying, “Thanks… I get refund from the institute with the help of the consumer portal, Most effective initiative from govt. side to help consumers.”- Vellore, Tamil Nadu
    1. A student enrolled for a GATE course with the promise of a full refund within 15 days. However, the institute failed to process the refund. After registering a grievance with the National Consumer Helpline (NCH), the refund was successfully facilitated within just 4 days. The student shared their experience, saying, “Got refund on 20/10/2023.”- Kota, Rajasthan

     

    1. A consumer enrolled his daughter for a course from 5th to 7th class with a 14-day observation period. However, the course did not meet expectations, and when the consumer demanded a refund, the institute denied the request. After approaching the National Consumer Helpline (NCH), the refund was successfully granted. The consumer expressed gratitude, saying, “Thanks for everything.”- Korba, Chhattisgarh

     

    1. A consumer enrolled in a civil services course but, due to unavoidable circumstances, requested a refund of the fees paid. The coaching institute initially denied the request. However, with the intervention of the National Consumer Helpline (NCH), the refund was successfully facilitated. The consumer expressed satisfaction, saying, “Problem addressed successfully.”- Aurangabad, Maharashtra

     

    ***

    Abhishek Dayal/Nihi Sharma

    (Release ID: 2105466) Visitor Counter : 51

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Governor Newsom announces appointments 2.21.25

    Source: US State of California 2

    Feb 21, 2025

    Sacramento, California – Governor Gavin Newsom today announced the following appointments:

    Bhavana Prakash, of San Jose, has been appointed to the Physician Assistant Board. Prakash has been a Physician Assistant and Program Manager for the Adult Congenital Heart Program at Stanford Children’s Health since 2024 and a Supervising Physician Assistant at The Permanente Medical Group since 2015. She is a member of the American Congenital Heart Association. Prakash earned a Doctor of Medical Science degree from A.T. Still University, a Master of Medical Science degree from Saint Francis University, and a Master of Science degree in Physician Assistant Studies from Stanford University. This position does not require Senate confirmation, and the compensation is $100 per diem. Prakash is a Democrat.

    Joanne Pacheco, of Fresno, has been appointed to the Dental Hygiene Board of California. Pacheco has been Director of the Dental Hygiene Program at Fresno City College since 2017. She is a member of the American Dental Education Association, American Dental Hygienists’ Association, California Dental Hygienists’ Association, and California Dental Hygiene Educators’ Association. Pacheco earned a Master of Arts degree in Organizational Behavior from Alliant International University and a Bachelor of Arts degree in Organizational Development from Fresno Pacific University. This position does not require Senate confirmation, and the compensation is $100 per diem. Pacheco is a Republican.

    Mark Apostolon, of Stockton, has been appointed to the 2nd District Agricultural Association San Joaquin Fair Board. Apostolon has been Vice President of Strategic Innovation at El Concilio California since 2016. He was an Executive Producer for TV Pug Entertainment from 2008 to 2016. He was a Producer for Comcast from 2000 to 2007. He was a Producer for Calliope Films from 1995 to 1999. Apostolon earned a Bachelor of Science degree in Psychology from Tufts University. He is a member of the San Joaquin County Hispanic Chamber of Commerce, Lodi Animal Services Foundation, and Gay Men’s Sexual Health Foundation. This position does not require Senate confirmation and there is no compensation. Apostolon is a Democrat.

    Kevin Alto, of McKinleyville, has been appointed to the 9th District Agricultural Association Redwood Acres Fair Board. Alto has been President of Kevin Alto Equipment since 1998. This position does not require Senate confirmation and there is no compensation. Alto is a Republican.

    Norma Rojas-Mora, of Bakerfield, has been appointed to the 15th District Agricultural Association Kern County Fair Board. Rojas-Mora has been the Associate Vice Chancellor, Public Relations and Development for the Kern Community College District since 2024.  She was Executive Director of Government Relations and Development for the Kern Community College District from 2022 to 2024. She was the Director of Communication and Community Relations at Bakersfield College from 2018 to 2022. Rojas-Mora was the Resident Services Director at Kern County Housing Authority from 1998 to 2018. She is a member of Latina Leaders of Kern County, Kern County Hispanic Chamber of Commerce Board of Directors, the Kern County Hispanic Chamber of Commerce Business Education Foundation, and the Kern County Workforce Development Board. Rojas-Mora earned a Master of Science degree in Administration from the California State University Bakersfield and a Bachelor of Arts degree in Sociology and Chicana/Chicano Studies from UCLA. This position does not require Senate confirmation and there is no compensation. Rojas-Mora is a Democrat.

    Emily Schoeder, of Dixon, has been appointed to the 36th District Agricultural Association Dixon May Board. She has been a Legislative Assistant for the California Hospital Association since 2019. She was an Office Assistant at Capitol Partners from 2015 to 2018. She is a board member of the Friends of the Crisis Nurseries, an auxiliary of the Sacramento Children’s Home. This position does not require Senate confirmation and there is no compensation. Schroeder has no party preference.

    Elizabeth Lincoln, of Kelseyville, has been appointed to the 49th District Agricultural Association Lake County Fair Board. Lincoln has been the Economic Development Director for the Big Valley Band of Pomo Indians since 2015 and Owner of Indigenous Management Services since 2012. She was a Grant Writer for the Colusa Indian Community from 2009 to 2014. She earned Bachelor of Science degrees in Park Resource Management and Environmental Sciences and Natural Resources from Kansas State University. This position does not require Senate confirmation and there is no compensation. Lincoln is a Democrat.

    Press Releases, Recent News

    Recent news

    Feb 20, 2025

    News Sacramento, California –Governor Gavin Newsom today announced the following appointments:Mayumi Kimura, of Temecula, has been appointed Deputy Secretary of Woman Veterans at the California Department of Veterans Affairs. Kimura has been the Founder and Director…

    Feb 19, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments:Andrew “Andy” Nakahata, of San Francisco, has been appointed Chief Deputy Executive Director and Chief Operating Officer at the California Infrastructure and Economic Development Bank….

    Feb 19, 2025

    News What you need to know: A court has denied the city of Norwalk’s request to dismiss the state’s lawsuit against the city for its unlawful ban on homeless shelters.  NORWALK — Governor Gavin Newsom issued the following statement in response to a court decision…

    MIL OSI USA News –

  • MIL-OSI: Proposed Combination of Saipem and Subsea7

    Source: GlobeNewswire (MIL-OSI)

    Milan, Luxembourg, 23 February 2025 – Saipem and Subsea7 announce that today they have reached an agreement in principle on the key terms of a possible merger of the two companies1 (the “Proposed Combination”) through the execution of a memorandum of understanding (the “MoU”). The Proposed Combination is expected to create a global leader in energy services.

    Highlights

    • The combination of Saipem and Subsea7 (the “Combined Company”) will be renamed Saipem7, and will have a combined backlog of €43 billion2, Revenue of approx. €20 billion3 and EBITDA in excess of €2 billion4
    • A global organisation of over 45,000 people, including more than 9,000 engineers and project managers
    • Highly complementary geographical footprints, competencies and capabilities, vessel fleets and technologies that will benefit the Combined Company’s global client base
    • Saipem and Subsea7 shareholders will own 50% each of the share capital of the Combined Company
    • Subsea7 shareholders will receive 6.688 Saipem shares for each Subsea7 share held. Subsea7 will distribute an extraordinary dividend for an amount equal to €450 million immediately prior to completion
    • Transaction expected to deliver material value creation for the shareholders of both Saipem and Subsea7. Annual synergies of approximately €300 million are expected to be achieved in the third year after completion, with one-off costs to achieve such synergies of approximately €270 million
    • The Combined Company will be listed on both the Milan and Oslo stock exchange
    • Siem Industries, reference shareholder of Subsea7, as well as Eni and CDP Equity, reference shareholders of Saipem, have expressed their strong support and intend to vote in favour of the transaction
    • Completion anticipated to occur in the second half of 2026

    The management of both Saipem and Subsea7 share the conviction that there is compelling logic in creating a global leader in energy services, particularly considering the growing size of clients’ projects. Saipem and Subsea7 are highly complementary in terms of market offerings and geographies. The combination would enhance value for shareholders, and all stakeholders, both in the current market and in the long term.

    CDP Equity, Eni and Siem Industries have entered into a separate Memorandum of Understanding, undertaking to support the Proposed Combination and agreeing on the terms of a Shareholders Agreement, to be effective from completion of the Proposed Combination. As part of this, it is intended that the Combined Company’s Chairman will be designated by Siem Industries and that the Combined Company’s CEO will be designated by CDP Equity and Eni. In addition, it is currently envisaged that Mr Alessandro Puliti will be appointed as CEO of the Combined Company5 while it is currently envisaged that Mr John Evans will be the CEO of the entity that will manage the Offshore business of the Combined Company. Such Offshore business will comprise all of Subsea7 and Saipem’s Offshore Engineering & Construction activities.

    The by-laws of the Combined Company are expected to provide for loyalty shares (double votes).

    Strategic Rationale of the Proposed Combination

    The Proposed Combination would be beneficial to the clients of both Saipem and Subsea7, bringing together the respective strengths of both companies:

    • Comprehensive Solutions for Clients: a full spectrum of offshore and onshore services, from drilling, engineering and construction to life-of-field services and decommissioning, with an increased ability to optimise project schedules for clients in oil, gas, carbon capture and renewable energy
    • World-class Expertise and Experience: a talented, global workforce of over 45,000 people, including more than 9,000 engineers and project managers, in more than 60 countries, contributing to deliver solutions unlocking value for clients
    • Global Reach and Diversified Fleet: an expanded and diversified fleet of more than 60 construction vessels enhancing the Combined Company’s ability to undertake a wide range of projects, from shallow water to ultra-deepwater operations, utilising a full portfolio of heavy lift, high-end J-lay, S-lay and reel-lay rigid pipeline solutions, flexible pipe and umbilical lay services and market-leading wind turbine, foundation and cable lay installation capabilities
    • Innovation and Technology: combined expertise to foster innovation in offshore technologies, ensuring cutting-edge solutions for complex projects

    The transaction would create significant shareholder value through:

    • Synergies: expected annual synergies of approximately €300 million in the third year after completion, driven by fleet optimisation, procurement, sales and marketing, and process efficiencies
    • A More Efficient Capital Investment Programme: optimised allocation of capital across a broader, complementary vessel fleet
    • An Attractive Shareholder Remuneration Policy: post-completion, Saipem7 is expected to pay a dividend of at least 40% of Free Cash Flow6 after repayment of lease liabilities
    • Enhanced Capital Structure: a solid balance sheet that is expected to support an investment grade credit rating
    • Greater Scale in Both Equity and Debt Capital Markets: access to a wider investor base and to more diversified sources of capital

    Transaction Structure and Ownership

    • The Combined Company would be created by way of an EU cross-border statutory merger carried out by way of incorporation of Subsea 7 into Saipem, with the latter to be renamed “Saipem7”. The Combined Company would be headquartered in Milan and have its shares listed on both the Milan and the Oslo stock exchanges
    • Siem Industries (being the largest shareholder of Subsea7) would then own approximately 11.9% of the Combined Company’s capital, while Eni and CDP Equity (being the largest shareholders of Saipem) would own approximately 10.6% and approximately 6.4%, respectively

    Transaction Terms

    • Subsea7 shareholders would receive 6.688 new Saipem7 shares for each Subsea7 share held
    • Assuming all Subsea7 shareholders participate in the merger, the share capital of the Combined Company will be held 50-50% by the current shareholders of Saipem and Subsea7
    • Immediately prior to completion of the Proposed Combination, Subsea7 shareholders would receive an extraordinary cash dividend of €450 million7

    Organisational Structure of the Combined Company

    • The Combined Company will be structured in four businesses: Offshore Engineering & Construction, Onshore Engineering & Construction, Sustainable Infrastructures and Offshore Drilling
    • The Offshore Engineering & Construction business will be incorporated in an operationally autonomous company, named Subsea7 and branded as “Subsea7 – a Saipem7 Company”, and it is currently envisaged that it will be led by Mr John Evans. It will comprise all of Subsea7’s business and the Asset Based Services business of Saipem, representing approximately 83% of the combined group’s EBITDA of the last 12 months as of 30 September 2024. The company will be headquartered in London
    • In line with Saipem’s previous strategy, the Onshore Engineering & Construction will be run with a focus on reducing overall risk and maximising profitability. The Sustainable Infrastructures business will aim to consolidate its presence in the Italian market with potential expansion overseas. The Offshore Drilling division will seek to continue to maximise its EBITDA and cash flow

    Shareholder Remuneration

    • The MoU allows Saipem and Subsea7 to make shareholder distributions of up to $350 million each in 2025, in the form of dividends8,9
    • In 2026, if the Proposed Combination is not completed before the approval of the full year 2025 results of Saipem and Subsea7, the two companies could each distribute by way of dividends10,11 at least $300 million
    • Following completion of the Proposed Combination, the Combined Company is expected to distribute to shareholders at least 40% of Free Cash Flow12 after repayment of lease liabilities

    Shareholders Agreement

    The Memorandum of Understanding amongst Siem Industries, CDP Equity and Eni provides for, inter alia, a three-year shareholder lock-up and standstill obligation and the submission of a common slate for the appointment of the majority of the members of the board of directors of the Combined Company.

    Timing, Conditions Precedent and Approvals

    The entering into and signing of binding definitive documents in respect of the Proposed Combination is conditional, inter alia, on the successful completion of confirmatory due diligence by the parties, the execution of a mutually satisfactory merger agreement (the “Merger Agreement”) and the approval of the final terms of the Proposed Combination by the Board of Directors of Saipem and Subsea7. The parties will also engage with the relevant works council consultations required by the applicable laws.

    Saipem and Subsea7 have undertaken mutual exclusivity obligations in connection with the negotiations of the Proposed Combination.

    Moreover, completion of the Proposed Combination will be subject to customary conditions precedent for a transaction of this nature, including, inter alia, approval by the shareholders’ meetings of both Saipem and Subsea7, the former to be also passed with the so-called whitewash majorities for the purposes of the mandatory takeover bid exemption13, and obtaining the required Italian government approval and customary regulatory clearances.

    Until such conditions precedent are satisfied, there can be no certainty that the Proposed Combination will occur.

    The MoU also provides for termination rights for each of Saipem and Subsea7 in connection with material findings in the context of the confirmatory due diligence, or upon payment of a break-up fee, should any of the companies wish to terminate the negotiations at its discretion before entering into the Merger Agreement.

    The parties currently envisage to submit the final terms of the Proposed Combination to their respective Board of Directors for approval and to enter into the Merger Agreement around mid-2025. Completion is currently anticipated to occur in the second half of 2026.

    Conference Call

    On Monday 24 February 2025, at 10:00 CET, the top management of Saipem and Subsea7 will present the transaction in a dedicated conference call, which can be followed by connecting to the below URL:

    https://edge.media-server.com/mmc/p/az2o9ou7/

    The document that will be presented by Saipem and Subsea7 top management will be available on the two respective websites (www.saipem.com and www.Subsea7.com). A replay of the call will be available on the two companies’ websites.

    Advisers

    Goldman Sachs International is acting as lead financial advisor to Saipem, and Deutsche Bank AG, Milan Branch as financial advisor to Saipem. Clifford Chance LLP is serving as global legal counsel to Saipem in particular as to matters of Italian, English, US and Luxembourg law, while Advokatfirmaet Thommessen AS is serving as legal counsel to Saipem as to matters of Norwegian law.

    Kirk Lovegrove & Company Limited is acting as lead financial advisor and Deloitte LLP is acting as financial advisor to Subsea7. Freshfields LLP is serving as global legal counsel to Subsea7 (including as to matters of Italian, US and English Law), while Elvinger Hoss Prussen S.A. and Advokatfirmaet Wiersholm AS are serving as legal counsels as to matters of Luxembourg and Norwegian law, respectively.

    Enquiries

    Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. Saipem is “One Company” organized into business lines: Asset Based Services, Drilling, Energy Carriers, Offshore Wind, Sustainable Infrastructures, Robotics & Industrialised Solutions. The company has 6 fabrication yards and an offshore fleet of 21 construction vessels (of which 17 owned and 4 owned by third parties and managed by Saipem) and 15 drilling rigs, of which 9 owned. Always oriented towards technological innovation, the company’s purpose is “Engineering for a sustainable future”. As such Saipem is committed to supporting its clients on the energy transition pathway towards Net Zero, with increasingly digital means, technologies and processes geared for environmental sustainability. Listed on the Milan Stock Exchange, it is present in more than 50 countries around the world and employs about 30,000 people of over 120 nationalities.

    Subsea7 is a global leader in the delivery of offshore projects and services for the energy industry. Subsea7 makes offshore energy transition possible through the continuous evolution of lower-carbon oil and gas and by enabling the growth of renewables and emerging energies.

    +++

    No Offer or Solicitation

    This communication and the information contained in it are provided for information purposes only and are not intended to be and shall not constitute a solicitation of any vote or approval, or an offer to sell or solicitation of an offer to buy, or an invitation or recommendation to subscribe for, acquire or buy securities of Saipem, Subsea 7 or the combined company following the proposed merger of Saipem and Subsea 7 (the “Proposed Business Combination Transaction“) or any other financial products or securities, in any place or jurisdiction, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made in the United States absent registration under the U.S. Securities Act of 1933 (the “U.S. Securities Act”) or pursuant to an exemption from, or in a transaction not subject to, such registration requirements.

    Forward-looking Statements

    This communication contains forward-looking information and statements about Saipem and Subsea7 and their combined business after completion of the Proposed Business Combination Transaction. Forward-looking statements are statements that are not historical facts. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Forward-looking statements are generally identified by the words “expects,” “anticipates,” “believes,” “intends,” “estimates” and similar expressions. Although the managements of Saipem and Subsea7 believe that the respective expectations reflected in such forward-looking statements are reasonable, investors and holders of Saipem and Subsea7 shares are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Saipem and Subsea7, respectively, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Except as required by applicable law, neither Saipem nor Subsea7 undertake any obligation to update any forward-looking information or statements.

    Important Additional Information about the Proposed Business Combination Transaction

    This communication is not a substitute for a registration statement or for any other document that Saipem or Subsea7 may file with the U.S. Securities and Exchange Commission (“SEC”) in connection with the Proposed Business Combination Transaction. In connection with the Proposed Business Combination Transaction, Saipem and Subsea7 are filing relevant materials with the SEC, which, to the extent Saipem’s shares will be required to be registered under the U.S. Securities Act, may include a registration statement on Form F-4 that contains a prospectus. If an exemption from the registration requirements of the U.S. Securities Act is available, the shares issued in connection with the Proposed Business Combination Transaction will be made available within the United States pursuant to such exemption and not pursuant to an effective registration statement on Form F-4.

    SAIPEM AND SUBSEA7 URGE INVESTORS AND SHAREHOLDERS TO READ ANY SUCH REGISTRATION STATEMENT, PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT SAIPEM AND SUBSEA7, THE PROPOSED BUSINESS COMBINATION TRANSACTION AND RELATED MATTERS.

    Investors and shareholders can obtain free copies of the prospectus and other documents filed by Saipem and Subsea7 with the SEC (when they become available) through the website maintained by the SEC at www.sec.gov. Shareholders of Subsea7 are urged to read the prospectus, if and when available, and the other relevant materials when they become available, as well as any supplements and amendments thereto, before making any voting or investment decision with respect to the Proposed Business Combination Transaction and will receive information at an appropriate time on how to obtain these transaction-related documents for free from the parties involved or a duly appointed agent.

    Use of Non-IFRS Financial Measures

    This announcement includes certain non-IFRS financial measures with respect to Saipem and Subsea7, including EBITDA and Net debt. These unaudited non-IFRS financial measures should be considered in addition to, and not as a substitute for, measures of Saipem’s and Subsea7’s financial performance prepared in accordance with IFRS. In addition, these measures may be defined differently than similar terms used by other companies.

    Presentation of Financial Information

    This communication includes financial data regarding Saipem and Subsea7 and the combination of Saipem and Subsea7. The presentation of information in any registration statement that Saipem may file with the SEC may be different than the financial data included herein as the financial data included in any registration statement will be required to comply with the rules and regulations of the SEC. Further, any financial data contained herein representing the combination of Saipem and Subsea7 has not been prepared in accordance with the rules and regulations of the SEC, including the pro forma requirements of Regulation S-X. Accordingly, pro forma financial data contained in any registration statement filed with respect to the Proposed Business Combination Transaction may differ from the pro forma financial data contained herein, and such differences may be material. Any combined company financial data presented herein is presented for informational purposes only and is not intended to represent or be indicative of the actual consolidated results of operations or financial position that would have been reported had the Proposed Business Combination Transaction been completed as of October 1st, 2024, and should not be taken as representative of the companies’ future consolidated results of operations or financial position had the Proposed Business Combination Transaction occurred as of such date. These estimates are based on financial information available at the time of the preparation of this communication.

    1 Merger by way of incorporation of Subsea7 into Saipem
    2 Combined backlog for Saipem and Subsea7 as of 30 September 2024
    3 Combined Revenue for Saipem and Subsea7 as per last 12 months as of 30 September 2024
    4 Combined EBITDA for Saipem and Subsea7 as per last 12 months as of 30 September 2024
    5 Subject to approval by the Shareholders’ Meeting and the Board of Directors of the Combined Company
    6 Free Cash Flow is defined as Cash Flow from Operations less Capital Expenditure plus Divestments
    7 Subject to approval by the Shareholders’ Meeting
    8 Subject to approval by the Shareholders’ Meeting and the Board of Directors
    9 The dividend paid by Saipem will be qualified as ordinary in nature
    10 Subject to approval by the Shareholders’ Meeting and the Board of Directors
    11 The dividend paid by Saipem will be qualified as ordinary in nature
    12 Free Cash Flow is defined as Cash Flow from Operations less Capital Expenditure plus Divestments
    13 Pursuant to Art. 49, paragraph 1, letter g) of Consob Regulation 11971/99

    Attachment

    The MIL Network –

  • MIL-OSI USA: Lyons Magnus Recalls Lyons ReadyCare and Sysco Imperial Frozen Supplemental Shakes Manufactured by Third Party Because of Possible Health Risk

    Source: US Department of Health and Human Services – 3

    Summary

    Company Announcement Date:
    FDA Publish Date:
    Product Type:
    Food & Beverages
    Foodborne Illness
    Reason for Announcement:

    Recall Reason Description

    Possible Listeria monocytogenes contamination

    Company Name:
    Lyons Magnus LLC
    Brand Name:

    Brand Name(s)

    ReadyCare, Imperial

    Product Description:

    Product Description

    Frozen supplemental shakes

    Company Announcement

    FRESNO, Calif. – February 22, 2025 – Lyons Magnus LLC (“Lyons Magnus”) today announced that it is voluntarily recalling 4 oz. Lyons ReadyCare and Sysco Imperial Frozen Supplemental Shakes due to the potential for the products to be contaminated with Listeria monocytogenes. Lyons Magnus is taking this action in response to a recall of the products by their manufacturer, Prairie Farms Dairy, Inc. (“Prairie Farms”) from the Prairie Farms facility in Fort Wayne, Indiana.

    Listeria monocytogenes is an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Although healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, Listeria infection can cause miscarriages and stillbirths among pregnant women.

    Lyons Magnus handled distribution of the recalled products, which were manufactured and supplied to Lyons Magnus by Prairie Farms. The recalled products were distributed primarily to long-term care facilities and were not available for retail sale. As soon as Lyons Magnus learned of the issue, it took immediate action to halt the purchase of all products from the affected Prairie Farms facility, notify customers, and ensure that impacted products were removed from distribution nationally. Lyons Magnus’ utmost concern is protecting consumers.

    The recalled products were distributed throughout the United States and packed in 4 oz. cartons under the Lyons ReadyCare and Sysco Imperial brand names. The top of the carton has printing that identifies the Lot Code and Best By Date for these products. A chart listing all recalled products is provided below.

    The recall is being conducted in cooperation with Prairie Farms, Sysco, and the U.S. Food and Drug Administration. According to a statement from the U.S. Food and Drug Administration, there have been 38 illnesses associated with the strain of Listeria monocytogenes that may have contaminated these products, including 11 deaths.

    Anyone who has a recalled product in his or her possession should quarantine the recalled products. Consumers with questions may visit the Lyons Magnus website at ***.lyonsmagnus.com for more information or contact us at frozenshakerecall@lyonsmagnus.com.

    The recalled products are:

    Key 

    Item Number 

    Product Name 

    BB (Best By) 

    1

    1733

    ReadyCare Frozen Vanilla Shake

    022125 to 022126

    2

    1734

    ReadyCare Frozen Chocolate Shake

    022125 to 022126

    3

    1735

    ReadyCare Frozen Strawberry Shake

    022125 to 022126

    4

    1736

    ReadyCare Frozen Vanilla Shake NSA

    022125 to 022126

    5

    1737

    ReadyCare Frozen Strawberry Shake NSA

    022125 to 022126

    6

    1747

    ReadyCare Frozen Chocolate Shake Plus

    022125 to 022126

    7

    1749

    ReadyCare Frozen Strawberry Shake Plus

    022125 to 022126

    8

    1754

    ReadyCare Frozen Vanilla Shake Plus

    022125 to 022126

    9

    1844

    ReadyCare Frozen Strawberry Banana Shake NSA

    022125 to 022126

    10

    3633

    ReadyCare Frozen Chocolate Shake NSA

    022125 to 022126

    11

    3338

    Imperial Frozen Vanilla Shake

    022125 to 022126

    12

    3339

    Imperial Frozen Chocolate Shake

    022125 to 022126

    13

    3340

    Imperial Frozen Strawberry Shake

    022125 to 022126

    14

    3341

    Imperial Frozen Vanilla Shake NSA

     

    15

    3342

    Imperial Frozen Strawberry Shake NSA

     

    16

    3364

    Imperial Frozen Strawberry Banana Shake NSA

     

    17

    3699

    Imperial Frozen Chocolate Shake NSA

     

    About Lyons Magnus
    A leader in the food industry, Lyons Magnus produces and markets a wide array of products for the global foodservice and food ingredient channels. Lyons Magnus’ expertise includes a robust product development platform and the ability to commercialize both custom formulations and premium Lyons brand products.

    Contacts
    Aaron Palash / Spencer Hoffman / Catherine Simon Joele Frank, Wilkinson Brimmer Katcher
    +1 212-355-4449

    FDA Outbreak Investigation

    Company Contact Information

    MIL OSI USA News –

  • MIL-OSI Global: Black on the ballot: New research sheds light on the experiences of Black Canadians in politics

    Source: The Conversation – Canada – By Erin Tolley, Canada Research Chair in Gender, Race, and Inclusive Politics and Associate Professor in the Department of Political Science, Carleton University

    Twenty. That’s it. That’s the total number of Black Canadians ever elected to the House of Commons of Canada. There have been 372 Johns and 77 Jeans.
    You can easily find data on women parliamentarians, members of Parliament with military experience and even parliamentarians who have died in office. However, you’d be hard-pressed to find a complete list of Black Canadians in politics, never mind a comprehensive account of their experiences.

    Because of their relative absence from accounts of Canada’s political history, Black Canadians’ contributions to politics are often overlooked or ignored. This erasure prevents governments, political parties, and researchers from crafting strategies to address political inequality.

    When we lack relevant racial data on political candidacy and electoral outcomes, we can’t track progress or identify barriers. And when Black Canadians aren’t present in politics, public policies are less likely to reflect their circumstances and less responsive to their needs.

    Groundbreaking new research from Carleton University and Operation Black Vote Canada aims to change that. Through archival research, a survey and more than 30 in-depth interviews, our report, Black on the Ballot documents the presence, backgrounds, motivations and experiences of Black Canadians in politics. Here’s what we found.

    Black Canadians in elected office

    Our research helped to identify more than 380 Black Canadians who have run for and served in elected office over the past two decades. Our focus was on candidates and officeholders at the school board, municipal, provincial and federal levels of politics.

    Undoubtedly, there are holes in this list, especially further back in history and at the municipal and school board levels, where more ephemeral record-keeping and gaps in local news coverage make this type of historical research challenging.

    From this pool, we tracked down contact information for 212 possible respondents. In January 2023, we invited them to complete the first-ever national survey of Black Canadian candidates and officeholders. Ninety-five did so. This is what they told us.

    The local level is an important political entry point for Black candidates. Most survey respondents said they had run at the municipal level as councillors (52 per cent) or mayor (six per cent), while 23 per cent ran as school board trustees. Less costly campaigns and the absence of gatekeeping by political parties contribute to lower barriers to entry at the local level. Nineteen per cent of respondents had run provincially, and 21 per cent federally.

    Most Black Canadians in politics are first- or second-generation Canadians. A majority of respondents, 62 per cent, identified as Caribbean. Black candidates and officeholders have high levels of education; 40 per cent have earned a graduate or professional degree, and over half (56 per cent) have a college or university degree.

    Business is the most common profession for Black Canadian politicians, followed by government and politics and law. This pipeline into politics roughly mirrors that of other elected officials.

    We found that Black men and women were equally likely to run for office. This pattern diverges from research that finds women, in general, are less likely than men to come forward as candidates, at least at the federal level.

    More than one-third of survey respondents ran for a provincial or federal party; of these, most (47 per cent) ran for the Liberals, 26 per cent for the New Democratic Party, 12 per cent each for the Greens or Conservatives, and three per cent for the Bloc or Parti Québécois.

    Motivations for running

    When asked about the factors that influenced their decision to run for office, 73 per cent of Black candidates said they felt it was important for people like them to have a strong voice in government. Just over half (52 per cent) said they were interested in addressing a particular policy issue.

    Although Black men and women are equally likely to run for office, our research shows other differences in candidate emergence. Just over half of women respondents said they had not seriously considered running until someone else suggested it, compared to 28 per cent of men. While 47 per cent of Black men said running for office was entirely their own idea, just 26 per cent of Black women said the same.

    Encouragement is thus an important catalyst for political engagement, especially for Black women. Other research indicates women are less likely to be recruited by political parties to run for elected office.

    In our survey, 52 per cent of Black women said a party official suggested they run, compared to just 16 per cent of Black men. Ten times as many women respondents as men said party recruitment was consequential to their decision to run. Political parties seem to play an important facilitative role in Black women candidate’s emergence; this phenomenon is known as “affirmative gatekeeping.”

    Improving Black Canadians’ representation in politics

    Our research identifies a number of challenges to gaining elected office, including difficulties raising funds and recruiting volunteers. Half of survey respondents said others had discouraged them from running for office, while 71 per cent said they faced discrimination while running for or serving in office.

    We heard that it’s important to share stories of Black success in politics, to adopt multi-pronged recruitment strategies, to demystify the process of running for office and to ensure elections are accessible to all voters.

    A clip from the podcast series that accompanies the Black on the Ballot report.

    We also heard that diversification initiatives need to focus on the inclusiveness of political spaces, rather than just how many Black Canadians run for office. Candidates and officeholders reported hostility and feelings of isolation, as well as individual and institutional refusals to address discrimination. These experiences are reiterated by guests on the podcast that accompanies our report.

    Despite these challenges, when asked whether they would run again, 87 per cent of survey respondents said yes, a number that reveals Black Canadians’ unflinching commitment to public service and to community. We need to stoke this spark, not extinguish it.

    Erin Tolley receives funding from the Canada Research Chairs program and the Social Sciences and Humanities Research Council of Canada. This research was undertaken in partnership with Operation Black Vote Canada.

    – ref. Black on the ballot: New research sheds light on the experiences of Black Canadians in politics – https://theconversation.com/black-on-the-ballot-new-research-sheds-light-on-the-experiences-of-black-canadians-in-politics-249335

    MIL OSI – Global Reports –

  • MIL-OSI Global: While the U.S. threatens tariffs and builds walls around its economy, China opens up

    Source: The Conversation – Canada – By Shaun Narine, Professor of International Relations and Political Science, St. Thomas University (Canada)

    The United States is threatening to impose tariffs on its major trading partners. In the meantime, China is consolidating its position as the world’s manufacturing and technological innovation hub by increasing trade with the Global South.

    If the American role in globalization has been to consume the world’s products and resources by building on a foundation of ever-increasing debt, China’s has been to make tangible goods for the international market.

    China is opening up its economy, especially to the nations of the Global South.

    Effective December 2024, China eliminated all tariffs on goods from the least developed countries. Chinese Premier Li Quang has also described China as an economic opportunity for global investment.

    The centre of Asian trade

    China’s trade surplus with the rest of the world is almost US$1 trillion dollars. Its share of global exports was 14 per cent in 2023, compared to 8.5 per cent for the U.S.

    China is working with regional states to make itself the centre of Asian trade. China’s Belt and Road Initiative is funding infrastructure in about 150 countries as Chinese companies invest internationally, both to avoid American tariffs and diversify their markets.

    At the moment, China accounts for 35 per cent of the world’s manufacturing. By 2030, the United Nations projects this will rise to 45 per cent.

    China has achieved this status by building efficient, high-quality infrastructure.

    It’s also fostered highly competitive and innovative technological and commercial ecosystems. The recent emergence of DeepSeek, a Chinese artificial intelligence (AI) startup that is dramatically disrupting the sector, illustrates this reality.

    China also controls global industrial supply chains in a host of critical areas.

    The Chinese powerhouse

    Despite its ongoing economic slowdown, China’s economy grew by almost five per cent in 2024 and has potential to grow further as it transitions to a high-tech economy.

    By 2030, the country will have what’s known as a consuming class of 1.1 billion people, making it the world’s largest consumer market.

    Only 7.8 per cent of the population has the equivalent of a bachelor’s degree, but China produces about 65 per cent of STEM (science, technology, engineering and mathematics) graduates globally on an annual basis.

    China is also leading the world in most new technologies and industries, but there is room for infrastructure investment in smaller cities and rural areas. Because China is a global leader in using automation and AI, it will also need to lead in managing these technologies’ social and economic effects.

    China has economies of scale that no other country — except India — can match. Its manufacturing dominance is the logical outcome of introducing an increasingly technologically sophisticated country with a vast population to the modern global system.

    The first Donald Trump administration used tariffs to try to draw investment into the U.S. and stimulate domestic industry. He believed tariffs would create more manufacturing jobs, shrink the federal deficit and lower food prices.

    The second Trump administration has returned to tariffs, again with the goal of pulling jobs and investment from other countries into the U.S.

    Trump has threatened to slap tariffs on Canada, Mexico and the European Union.

    He’s already put 25 per cent tariffs on all steel and aluminum imports into the U.S. and imposed additional 10 per cent tariffs on all Chinese goods. He’s also threatening tariffs on Taiwan, attempting to strip it of its semiconductor industry.

    Trump is basically demanding that other countries address trade imbalances by buying more expensive American exports in exchange for unimpeded access to the U.S. market.

    He’s trying to recreate an American industrial dominance that existed only under unique circumstances after the Second World War. Similarly, the historical circumstances that led to China’s decline in the 19th and 20th centuries are long past.

    To compete with China’s advantages, the U.S. needs a competent and effective government capable of long-term planning. Under Trump, the U.S. is losing this already-weak capacity every day.

    American debt

    The U.S. is the world’s largest consumer economy because both the government and Americans go into extraordinary debt to finance their consumption.

    Currently, the American national debt is more than $36 trillion while consumer debt was $17.5 trillion in 2024.

    The U.S. can accumulate enormous debt because of the American dollar’s status as the world reserve currency. But the U.S. has weaponized the dollar by freezing the dollar assets of sovereign states and using the dollar’s reserve status to apply American laws and sanctions beyond its borders.

    This has created a major push — led by the BRICS countries of Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, South Africa and the United Arab Emirates — to replace the U.S. dollar with other financial instruments.

    In response, Trump has threatened 100 per cent tariffs on any countries that try to drop the U.S. dollar.

    The American economy has grown through pumping up asset bubbles, but there’s been a decline in most measures of social well-being in the U.S. This aligns with increasing American social, political and economic instability.

    Chinese products dominate

    China’s exports to the Global South exceed its exports to the western world. Chinese companies and products are dominant in Asia, Africa and Latin America.

    To the Global South, there are clear benefits to accessing affordable, high-quality technology and industrial products from China. The industrialized world can also benefit significantly from Chinese manufacturers, but possibly at the cost of its own established industrial capacity.

    While some states may block Chinese imports to protect their industries, China’s increasing manufacturing dominance means that every country will need at least some Chinese products to develop or to sustain industry. It would be next to impossible for most countries to definitively cut all trade with China.

    The world is entering a new era of globalization. For many states, that means trying to keep from being economically undermined by the U.S. while deciding how to manage the economic and political costs and benefits of engaging with China’s massive industrial capabilities.

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

    – ref. While the U.S. threatens tariffs and builds walls around its economy, China opens up – https://theconversation.com/while-the-u-s-threatens-tariffs-and-builds-walls-around-its-economy-china-opens-up-245012

    MIL OSI – Global Reports –

  • MIL-OSI China: US urged to stop proposed restrictions on China’s maritime, logistics, shipbuilding sectors

    Source: China State Council Information Office

    China on Sunday urged the United States to stop its wrongdoing in proposing to impose restrictive measures on China’s maritime, logistics, and shipbuilding sectors as part of its Section 301 investigation.

    The proposed measures, including the imposition of port fees, are self-damaging, said a spokesperson for China’s Ministry of Commerce. “The U.S. measures will not only fail to revitalize its shipbuilding industry but will also raise shipping costs on related routes, exacerbate its domestic inflation, reduce the global competitiveness of U.S. goods, and hurt the interests of its port operators and dockworkers,” the spokesperson said.

    The spokesperson added that these measures have aroused significant opposition within the United States, and relevant countries and organizations have also expressed their opposition to and dissatisfaction with the U.S. move.

    Earlier, the World Trade Organization (WTO) has ruled that the Section 301 tariffs violate WTO rules. Driven by domestic political needs, the United States further undermined the multilateral trading system by abusing the Section 301 investigation mechanism, the spokesperson noted.

    Since March 2024, China and the United States have communicated multiple times regarding the U.S. investigation into China’s maritime, logistics and shipbuilding sectors.

    The spokesperson said China has repeatedly reaffirmed its views on the Section 301 investigation and presented the non-paper on its position, urging the United States to adopt a rational and objective stance and stop blaming China for its domestic industrial problems.

    However, it is regrettable that the United States remains obstinate and is going further down the wrong path, the spokesperson added.

    China urged the United States to respect the facts and multilateral rules and stop its wrongdoing, the spokesperson said, noting that China will closely monitor U.S. actions and take necessary measures to safeguard its legitimate rights and interests.

    The Office of the United States Trade Representative announced on Feb. 21 that it is seeking public comment on proposed actions in the Section 301 investigation into China’s maritime, logistics and shipbuilding sectors.

    MIL OSI China News –

  • MIL-OSI New Zealand: BusinessNZ Statement – Overseas investment overhaul: NZ means business

    Source: BusinessNZ

    BusinessNZ says the Government’s announcement to reform the Overseas Investment Act sends a positive signal to the world that New Zealand is ready to do business. 
    Chief Executive Katherine Rich says existing rules make it difficult and uncertain for overseas investors to consider investing here. 
    “New Zealand’s settings for overseas investment have been some of the most restrictive in the OECD. These rules have held us back from achieving our potential as we say no to investment which has been accepted by other economies. 
    “As one example, any non-urban land parcel larger than five hectares is deemed sensitive in the current Act. For the likes of a manufacturer looking to set up shop and invest here, anything less is far too small. 
    “BusinessNZ has long advocated for new policy settings which could allow us to gain the benefits of overseas capital and grow businesses, assets, and the incomes of New Zealanders. We know that business will be heartened by today’s announcement. 
    “Changing settings will be a positive first step in showing the rest of the world that we welcome investment – but more changes are required to encourage it. 
    “Settings related to taxation of overseas earnings and incentives for research and development need to be more internationally competitive. Otherwise, investors will choose to put their money and talent where they see a better return.”
    The BusinessNZ Network including BusinessNZ, EMA, Business Central, Business Canterbury and Business South, represents and provides services to thousands of businesses, small and large, throughout New Zealand.

    MIL OSI New Zealand News –

  • MIL-OSI USA: Attorney General Bonta Continues Support of CFPB: Destruction of CFPB is the Destruction of Backbone of Federal Consumer Protections

    Source: US State of California Department of Justice

    Saturday, February 22, 2025

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

    Files second amicus brief in support of the agency

    OAKLAND — California Attorney General Rob Bonta today announced joining a coalition of 23 attorneys general in submitting an amicus brief in National Treasury Employees Union v. Vought, a lawsuit challenging the Trump Administration’s efforts to dismantle the Consumer Financial Protection Bureau (CFPB). Earlier this week, Attorney General Bonta submitted an amicus brief in another case, Mayor and City Council of Baltimore v. Consumer Financial Protection Bureau. In both briefs, the attorneys general argue that the shuttering of the CFPB would cause catastrophic harm to consumer protections nationwide, leaving state agencies with the sole responsibility to protect consumers from conduct regulated by the CFPB.
     
    “The Trump Administration’s takeover of the CFPB is an effort to destroy the federal agency responsible for protecting American families from being exploited by big banks and payday lenders. Eliminating the only federal agency with oversight over big banks puts everyday consumers at higher risk for financial losses, and places higher demands on states like California,” said Attorney General Bonta. “From bank overdraft fees and credit card late fees to medical debt on credit reports, the CFPB has actively worked to make the lives of everyday people better — its loss will have devastating and deep implications for California, and the financial well-being of households across the nation.”
     
    Background
     
    After examining the fallout of the 2008 financial crisis, Congress concluded the crisis resulted in part from the failure of federal banking and other regulators to address significant consumer protection issues detrimental to both consumers and the safety and soundness of the banking system. In direct response to these events, Congress established the CFPB and tasked it with enforcing numerous federal consumer protection statutes and enacting regulations to further these efforts. For over a decade, the CFPB has served as an invaluable partner to state attorneys general and state banking regulators, both by working to protect consumers against fraudulent and abusive practices and by advancing a fair and level playing field in consumer financial markets by issuing regulations under federal law. 
     
    In the last month, the Trump Administration has taken a series of actions intended to debilitate the CFPB, including issuing a suspension of work across the agency, terminating probationary employees, and announcing a decision not to draw additional funding from the Federal Reserve. These actions appear to be part of a unilateral effort to permanently shut down the agency, including programs and operations mandated by federal law. 
     
    In the brief, filed in the U.S. District Court for the District of Columbia, the attorneys general argue the dismantling of the CFPB will cause irreparable harm to consumers and the states’ own consumer protection enforcement efforts, leave no oversight over large national banks, and will rapidly and substantially increase the burden on state agencies to protect consumers from conduct regulated by the CFPB. The loss of the CFPB’s partnership has concrete and widespread implications: from the sharing of complaints and trend data, to providing training, to partnering on joint investigations and litigations, the CFPB has been a force multiplier for California’s consumer protection efforts.
     
    In filing the brief, Attorney General Bonta joins the attorneys general of New York, New Jersey, the District of Columbia, Arizona, Colorado, Connecticut, Delaware, Hawaii, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Mexico North Carolina, Oregon, Rhode Island, Vermont, Washington, and Wisconsin. 

    A copy of the brief can be found here. 

    # # #

    MIL OSI USA News –

  • MIL-OSI USA: Small Business and Entrepreneurship Committee Continues Delivering for Main Street

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)
    WASHINGTON – The U.S. Senate Committee on Small Business and Entrepreneurship, led by Chair Joni Ernst (R-Iowa), advanced a pair of bipartisan bills to reform the Small Business Administration (SBA) disaster loan process, a key bill to fix the broken federal workforce, and the committee rules.
    “I am proud to see the Small Business and Entrepreneurship Committee continue to work in a productive and bipartisan manner to make life better for Main Street,” said Chair Ernst. “The burdensome and bloated bureaucracy is costly to taxpayers and hurts small businesses. We are enacting long-overdue reforms to ensure Washington better serves the American people, especially in their time of need.”
    The three bills that passed out of committee were:
    Chair Ernst’s Returning SBA to Main Street Act, which relocates 30% of SBA D.C. headquarters employees across the country to be closer to the Americans they serve.
    The bipartisan Disaster Loan Accountability and Reform Act, led by Senator Ted Budd (R-N.C.),which strengthens oversight, financial safeguards, and transparency within the SBA’s disaster loan account.
    The bipartisan SBA Disaster Transparency Act, led by Senators Tim Scott (R-S.C.) and Adam Schiff (D-Calif.), which reforms SBA disaster loan programs by requiring public reports.

    MIL OSI USA News –

  • MIL-OSI USA: Sen. Moran Questions Steven Bradbury, Nominee to be Deputy Secretary of Transportation

    US Senate News:

    Source: United States Senator for Kansas – Jerry Moran
    WASHINGTON – U.S. Senator Jerry Moran (R-Kan.) – chairman of the Commerce Subcommittee on Aviation, Space and Innovation – questioned President Trump’s nominee to be the Deputy Secretary of Transportation, Steven Bradbury, about the importance of flight safety, a strong aviation workforce and the Essential Air Service program.
    “We made significant attempts in the FAA’s aviation rulemaking role to improve the ability for the FAA to timely provide answers and provide technical standards to enable new innovation in aviation,” said Sen. Moran. “I come from the Air Capital of the World where we manufacture many of the planes that are flown today – general aviation and commercial. The challenges we face in keeping up with technology and safety are significant.”
    “Essential Air Service is a hugely significant component,” continued Sen. Moran. “Kansas has five airports that utilize Essential Air Service. We are one of the most prolific Essential Air Service states in the country.”

    Click HERE to watch Sen. Moran Question the Nominee

    MIL OSI USA News –

  • MIL-OSI USA News: America First Investment Policy

    Source: The White House

    class=”has-text-align-left”>MEMORANDUM FOR THE SECRETARY OF THE TREASURY
             THE SECRETARY OF STATE
             THE SECRETARY OF DEFENSE
             THE ATTORNEY GENERAL
             THE SECRETARY OF COMMERCE
             THE SECRETARY OF LABOR
             THE SECRETARY OF ENERGY
             THE SECRETARY OF HOMELAND SECURITY
             THE ADMINISTRATOR OF THE ENVIRONMENTAL PROTECTION AGENCY
             THE DIRECTOR OF THE OFFICE OF MANAGEMENT AND BUDGET
             THE DIRECTOR OF NATIONAL INTELLIGENCE
             THE UNITED STATES TRADE REPRESENTATIVE
             THE CHAIRMAN OF THE COUNCIL OF ECONOMIC ADVISERS
             THE DIRECTOR OF THE OFFICE OF SCIENCE AND TECHNOLOGY POLICY
             THE ASSISTANT TO THE PRESIDENT FOR NATIONAL SECURITY AFFAIRS
             THE DIRECTOR OF THE FEDERAL BUREAU OF INVESTIGATION

    SUBJECT:       America First Investment Policy
     
     
    By the authority vested in me as President by the Constitution and the laws of the United States of America, I hereby direct the following:
     
             Section 1.  Principles and Objectives.  America’s investment policy is critical to our national and economic security.  Welcoming foreign investment and strengthening the United States’ world-leading private and public capital markets will be a key part of America’s Golden Age.  The United States has the world’s most attractive assets, in technology and across our economy, and we will make it easier for our overseas allies to support United States jobs, United States innovators, and United States economic growth with their capital.
     
             Investment by United States allies and partners can create hundreds of thousands of jobs and significant wealth for the United States.  Our Nation is committed to maintaining the strong, open investment environment that benefits our economy and our people, while enhancing our ability to protect the United States from new and evolving threats that can accompany foreign investment.
     
             Investment at all costs is not always in the national interest, however.  Certain foreign adversaries, including the People’s Republic of China (PRC), systematically direct and facilitate investment in United States companies and assets to obtain cutting-edge technologies, intellectual property, and leverage in strategic industries.  The PRC pursues these strategies in diverse ways, both visible and concealed, and often through partner companies or investment funds in third countries. 
     
             Economic security is national security.  The PRC does not allow United States companies to take over their critical infrastructure, and the United States should not allow the PRC to take over United States critical infrastructure.  PRC-affiliated investors are targeting the crown jewels of United States technology, food supplies, farmland, minerals, natural resources, ports, and shipping terminals.
     
             The PRC is also increasingly exploiting United States capital to develop and modernize its military, intelligence, and other security apparatuses, which poses significant risk to the United States homeland and Armed Forces of the United States around the world.  Related actions include the development and deployment of dual-use technologies, weapons of mass destruction, advanced conventional weapons, and malicious cyber‑enabled actions against the United States and its people.  Through its national Military-Civil Fusion strategy, the PRC increases the size of its military-industrial complex by compelling civilian Chinese companies and research institutions to support its military and intelligence activities.
     
             Those Chinese companies also raise capital by:  selling to American investors securities that trade on American and foreign public exchanges; lobbying United States index providers and funds to include these securities in market offerings; and engaging in other acts to ensure access to United States capital and accompanying intangible benefits.  In this way, the PRC exploits United States investors to finance and advance the development and modernization of its military.
     
             Sec. 2.  Policy.  (a)  It is the policy of the United States to preserve an open investment environment to help ensure that artificial intelligence and other emerging technologies of the future are built, created, and grown right here in the United States.  Investment in our economy from our allies and partners, some of whom have tremendous sovereign wealth funds, supports the national interest.  My Administration will make the United States the world’s greatest destination for investment dollars, to the benefit of all of us. 
     
             (b)  Yet for investment in United States businesses involved in critical technology, critical infrastructure, personal data, and other sensitive areas, restrictions on foreign investors’ access to United States assets will ease in proportion to their verifiable distance and independence from the predatory investment and technology-acquisition practices of the PRC and other foreign adversaries or threat actors.
     
             (c)  The United States will create an expedited “fast-track” process, based on objective standards, to facilitate greater investment from specified allied and partner sources in United States businesses involved with United States advanced technology and other important areas.  This process will allow for increased foreign investment subject to appropriate security provisions, including requirements that the specified foreign investors avoid partnering with United States foreign adversaries.  
     
             (d)  My Administration will also expedite environmental reviews for any investment over $1 billion in the United States.
     
             (e)  The United States will reduce the exploitation of public and private sector capital, technology, and technical knowledge by foreign adversaries such as the PRC.  The United States will establish new rules to stop United States companies and investors from investing in industries that advance the PRC’s national Military-Civil Fusion strategy and stop PRC-affiliated persons from buying up critical American businesses and assets, allowing only those investments that serve American interests.
     
             (f)  The United States will use all necessary legal instruments, including the Committee on Foreign Investment in the United States (CFIUS), to restrict PRC-affiliated persons from investing in United States technology, critical infrastructure, healthcare, agriculture, energy, raw materials, or other strategic sectors.  My Administration will protect United States farmland and real estate near sensitive facilities.  It will also seek, including in consultation with the Congress, to strengthen CFIUS authority over “greenfield” investments, to restrict foreign adversary access to United States talent and operations in sensitive technologies (especially artificial intelligence), and to expand the remit of “emerging and foundational” technologies addressable by CFIUS.
     
             (g)  To reduce uncertainty for investors, reduce administrative burden, and increase Government efficiency, my Administration will cease the use of overly bureaucratic, complex, and open-ended “mitigation” agreements for United States investments from foreign adversary countries.  In general, mitigation agreements should consist of concrete actions that companies can complete within a specific time, rather than perpetual and expensive compliance obligations.  More administrative resources, in turn, will be directed toward facilitating investments from key partner countries.
     
             (h)  The United States will continue to welcome and encourage passive investments from all foreign persons.  These include non-controlling stakes and shares with no voting, board, or other governance rights and that do not confer any managerial influence, substantive decisionmaking, or non-public access to technologies or technical information, products, or services.  This will allow our cutting-edge businesses to continue to benefit from foreign investment capital, while ensuring protection of our national security.
     
             (i)  The United States will also use all necessary legal instruments to further deter United States persons from investing in the PRC’s military-industrial sector.  These may include the imposition of sanctions under the International Emergency Economic Powers Act (IEEPA) through the blocking of assets or through other actions, including actions pursuant to Executive Order 13959 of November 12, 2020 (Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies), as amended by Executive Order 13974 of January 13, 2021 (Amending Executive Order 13959 — Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies) and Executive Order 14032 of June 3, 2021 (Addressing the Threat From Securities Investments That Finance Certain Companies of the People’s Republic of China), and actions pursuant to Executive Order 14105 of August 9, 2023 (Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern).  Executive Order 14105 is under review by my Administration, pursuant to the Presidential Memorandum of January 20, 2025 (America First Trade Policy), to examine whether it includes sufficient controls to address national security threats.
     
             (j)  This review will build on measures taken under my authority in 2020 and 2021 and consider new or expanded restrictions on United States outbound investment in the PRC in sectors such as semiconductors, artificial intelligence, quantum, biotechnology, hypersonics, aerospace, advanced manufacturing, directed energy, and other areas implicated by the PRC’s national Military-Civil Fusion strategy.  Covered sectors should be reviewed and updated regularly, including by the Office of Science and Technology Policy.  As part of the review, my Administration will consider applying restrictions on investment types including private equity, venture capital, greenfield investments, corporate expansions, and investments in publicly traded securities, from sources including pension funds, university endowments, and other limited-partner investors.  It is past time for American universities to stop supporting foreign adversaries with their investment decisions, much as they should stop granting university access to supporters of terrorism.
     
             (k)  To further reduce incentives for United States persons to invest in our foreign adversaries, we will review whether to suspend or terminate the 1984 United States-The People’s Republic of China Income Tax Convention.  That tax treaty, along with the PRC’s admission to the World Trade Organization and the related undertaking by the United States to accord unconditional Most Favored Nation treatment to goods and services of the PRC, led to the deindustrialization of the United States and the technological modernization of the PRC military.  We will seek to reverse both those trends.  United States investors will invest in the future of America, not the future of the PRC.
     
             (l)  To protect the savings of United States investors and channel them into American growth and prosperity, my Administration will also:
     
             (i)    determine if adequate financial auditing standards are upheld for companies covered by the Holding Foreign Companies Accountable Act;
     
             (ii)   review the variable interest entity and subsidiary structures used by foreign-adversary companies to trade on United States exchanges, which limit the ownership rights and protections for United States investors, as well as allegations of fraudulent behavior by these companies; and
     
             (iii)  restore the highest fiduciary standards as required by the Employee Retirement Security Act of 1974, seeking to ensure that foreign adversary companies are ineligible for pension plan contributions.
     
             Sec. 3.  Implementation.  The policy set forth in section 2 of this memorandum shall be implemented, to the extent permitted by law and available appropriations, and subject to internal programmatic and budgetary processes, as follows:
     
             (a)  With respect to sections 2(a) through 2(k) of this memorandum, the Secretary of the Treasury, in consultation with the Secretary of State, the Secretary of Defense, the Secretary of Commerce, the United States Trade Representative, and the heads of other executive departments and agencies (agencies) as deemed appropriate by the Secretary of the Treasury, and with respect to the authorities of CFIUS in coordination with the members thereof, shall take such actions, including the promulgation of rules and regulations, to support all powers granted to the President by IEEPA, section 721 of the Defense Production Act of 1950, as amended, and other statutes to carry out the purposes of this memorandum.
     
             (b)  With respect to section 2(d) of this memorandum, the Administrator of the Environmental Protection Agency, in consultation with the heads of other agencies as appropriate, shall carry out the purposes of this memorandum.
     
             (c)  With respect to section 2(l)(i) of this memorandum, the Secretary of the Treasury shall engage as appropriate with the Securities and Exchange Commission and the Public Company Accounting Oversight Board; with respect to section 2(l)(ii) of this memorandum, the Attorney General, in coordination with the Director of the Federal Bureau of Investigation, shall provide a written recommendation on the risk posed to United States investors based on the auditability, corporate oversight, and evidence of criminal or civil fraudulent behavior for all foreign adversary companies currently listed on domestic exchanges; and with respect to section 2(l)(iii) of this memorandum, the Secretary of Labor shall publish updated fiduciary standards under the Employee Retirement Income Security Act of 1974 for investments in public market securities of foreign adversary companies.
     
             Sec. 4.  Definition.  For purposes of this memorandum, the term “foreign adversaries” includes the PRC, including the Hong Kong Special Administrative Region and the Macau Special Administrative Region; the Republic of Cuba; the Islamic Republic of Iran; the Democratic People’s Republic of Korea; the Russian Federation; and the regime of Venezuelan politician Nicolás Maduro.
     
             Sec. 5.  General Provisions.  (a)  Nothing in this memorandum shall be construed to impair or otherwise affect:

                      (i.) the authority granted by law to an executive department or agency, or the head thereof; or

                      (ii.) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.

             (b)  This memorandum shall be implemented consistent with applicable law and subject to the availability of appropriations.
     
             (c)  This memorandum is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

    MIL OSI USA News –

  • MIL-OSI Security: San Diego Gang Member Sentenced in Organized Crime Conspiracy

    Source: Office of United States Attorneys

    SAN DIEGO – Odyssey Carrillo, a member of the Emerald Hills Bloods gang, was sentenced in federal court today to 168 months in prison for his role in a racketeering conspiracy involving coordinated violent crimes by street gangs.

    Carrillo is the ninth and final member of the conspiracy to be sentenced. He pleaded guilty to Conspiracy to Conduct Enterprise Affairs Through a Pattern of Racketeering Activity and Hobbs Act Robbery. According to court documents, the crimes committed by the enterprise included armed robbery, sex trafficking, prostitution, violence and other profit-driven illegal activities.

    The defendants were charged with racketeering conspiracy – the statute’s original inspiration was to combat organized-crime syndicates and mobsters. But as criminal street gangs have become more sophisticated and prolific in their illicit business pursuits, this statute has become an effective tool to address all aspects of coordinated violent criminal conduct.

    Previously sentenced defendants include Jerome Brunson, Cedric Jordan, Stephen Nathaniel Calhoun, Jr., Carl Moore, Maurice Johnson, Dajay Leon Scott, Taashawn Henderson and Sergio Valentin Louden.

    In his plea agreement, Carrillo admitted that he joined the conspiracy that engaged in a pattern of racketeering activity that included robbery, prostitution and sex trafficking. Carrillo further admitted to committing racketeering activity himself, including two specific armed robberies.

    Carrillo, Calhoun and Moore admitted to participating in the January 19, 2019, armed robbery of San Carlos Jewelers in San Diego and the February 11, 2019, armed robbery of the Bert Levi Family Jewelers in San Diego.

    Calhoun also admitted to robbing the Medicine Shoppe in San Diego by gunpoint on May 20, 2019. Calhoun and Moore both admitted to being Lincoln Park Bloods (LPK) gang members; Carrillo admitted to being an Emerald Hills gang member, a Bloods-aligned street gang that often works cooperatively with LPK. Calhoun and Moore were sentenced by U.S. District Judge Cynthia Bashant to 176 months and 105 months in custody, respectively.

    According to their plea agreements, in furtherance of the racketeering conspiracy, Jerome Brunson admitted to being an LPK member who participated in the November 19, 2019, armed robbery of a Jared’s jewelry store in National City. Judge Bashant sentenced Brunson to 57 months in custody. Dajay Scott and Sergio Louden admitted to being LPK members who robbed numerous women of their purses outside nail salons in January 2020. Judge Bashant sentenced Scott and Louden to 48 months and 72 months in custody, respectively.

    Cedric Jordan, Maurice Johnson, and Taashawn Henderson admitted to being LPK members who, during the course and in furtherance of the conspiracy, engaged in sex offenses related to sex trafficking and transportation for purposes of prostitution. Judge Bashant sentenced Jordan, Johnson, and Henderson to 63 months, 60 months, and 58 months in custody, respectively.

    “Every member of our community is put at risk when criminal street gangs engage in armed robberies, sex trafficking, and other violent criminal acts,” said Acting U.S. Attorney Andrew Haden. “This case is the result of outstanding teamwork and collaboration between our local and federal law enforcement partners. We will continue to hold these violent groups accountable, using the RICO tools at our disposal, to bring justice to crime victims and to make our community safer.”

    “Today’s sentencing reflects the hard work, determination, and collaboration of multiple agencies to dismantle an organized crime conspiracy,” said FBI San Diego Special Agent in Charge Stacey Moy. “The violent crime and gang threats are too diverse, too dangerous, and too all-encompassing for any of us to tackle alone. FBI will continue to work with our partners to disrupt violent crime, human traffickers, and violent gangs whose criminal acts devastate our communities.”

    This case is being prosecuted by Assistant U.S. Attorneys Mario J. Peia, Katherine E. A. McGrath, and Matthew Brehm.

    DEFENDANTS                                             Case Number 21cr2909-BAS                           

    Jerome Brunson                                              Age: 27                                   San Diego, CA

    Cedric Jordan                                                  Age: 36                                   San Diego, CA

    Stephen Nathaniel Calhoun, Jr.                      Age: 24                                   San Diego, CA

    Carl Moore                                                      Age: 34                                   San Diego, CA

    Maurice Johnson                                             Age: 34                                   San Diego, CA

    Dajay Leon Scott                                            Age: 26                                   San Diego, CA

    Taashawn Henderson                                      Age: 29                                   San Diego, CA

    Sergio Valentin Louden                                  Age: 36                                   San Diego, CA

    Odyssey Carrillo                                             Age: 23                                   San Diego, CA

    SUMMARY OF CHARGES

    Conspiracy to Conduct Enterprise Affairs Through a Pattern of Racketeering Activity – Title 18, U.S.C., Section 1962(d)

    Maximum penalty: Twenty years in prison and $250,000 fine

    Interference with Commerce by Robbery – Title 18, U.S.C., Section 1951

    Maximum penalty: Twenty years in prison and $250,000 fine

    Brandishing a Firearm During and In Relation to a Crime of Violence – Title 18, U.S.C., Section 924(c)

    Maximum penalty: Life in prison with a seven-year mandatory minimum and $250,000 fine

    INVESTIGATING AGENCIES

    Federal Bureau of Investigation

    San Diego Police Department

    San Diego Human Trafficking Task Force

    San Diego County Sheriff’s Department

    National City Police Department

    San Diego County District Attorney’s Office

    *The charges and allegations contained in an indictment or complaint are merely accusations, and the defendants are considered innocent unless and until proven guilty.

    MIL Security OSI –

  • MIL-OSI China: 2025 Action Plan for Stabilizing Foreign Investment

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

    2025 Action Plan for Stabilizing Foreign Investment

    Ministry of Commerce and

    National Development and Reform Commission

    Foreign investment is crucial for promoting high-level opening-up. It plays an important role in fostering new quality productive forces and advancing Chinese modernization. We have thus formulated this action plan to intensify efforts to attract and stabilize foreign investment in 2025.

    I. Expanding self-initiated opening-up in an orderly manner

    1. Expanding pilot programs to open up the telecommunications, healthcare, and education sectors. We will support efforts of the pilot regions to publicize and implement the opening-up policies for value-added telecommunications, biotechnology, and wholly foreign-owned hospitals, and assemble special teams to follow foreign-invested projects under discussion and help solve problems timely, and push for early implementation of these projects. We will expand pilot programs to open up the telecommunications and healthcare sectors at an appropriate time. We will study and formulate plans to expand self-initiated opening-up of the education and cultural sectors in an orderly manner, publish them at an appropriate time and implement them with steady steps.

    2. Ensuring the lift of restrictions on foreign investment in the manufacturing sector is well-implemented. For areas not on the negative lists for foreign investment access, we will administer foreign investment access in the principle of equal treatment for domestic and foreign investment alike. We will revise the negative lists and further reduce the listed items to expand opening-up to all types of market operators.

    3. Improving the national comprehensive demonstration zones for expanding opening-up in the services sector. We will support the leading role of the Beijing demonstration zone in expanding services liberalization to accelerate and intensify the pilot efforts. We will further expand the scope of the pilot to include new elements and tasks, and experiment with the opening-up measures in key areas in the demonstration zones first. We will conduct in-depth studies on policy measures to open up the services sector further, closely follow the progress of the pilot, and timely replicate pilot experience. We will support the standardization in the national comprehensive demonstration zones for expanding opening-up in the services sector.

    4. Advancing opening-up of the biomedicine sector in an orderly manner. We will support the participation of qualified foreign-invested enterprises (FIEs) in the segmented production of biological products on a pilot basis, speed up the review of pilot programs and quality monitoring programs at the provincial level, promote the optimization of resource allocation in the biomedicine industry, and coordinate for the timely resolution of difficulties facing enterprises in the pilot process. We will study and improve the opening-up policies for the pharmaceutical sector, facilitate more rapid launch of new drugs, optimize volume-based drug procurement, and make medical device procurement more predictable.

    5. Encouraging foreign equity investment in China. We will earnestly implement the Measures for the Administration of Strategic Investment in Listed Companies by Foreign Investors, formulate and release guidelines for making strategic investment, and intensify publicity efforts targeting listed companies, overseas funds, investment institutions, etc., to encourage more high-quality long-term foreign investment in listed Chinese companies.

    II. Improving the level of investment promotion

    6. Building continuously the brand of “Invest in China”. We will deepen the institutional reform of the foreign investment promotion system as required, devise an annual implementation plan for building the brand of “Invest in China”, and meticulously design and implement a series of “Invest in China” events. Central and local governments will make coordinated efforts in organizing overseas investment promotion events to fill in the gaps in and strengthen industrial and supply chains in the manufacturing sector with foreign investment. In light of the different characteristics of China’s major sources of foreign investment, we will research and formulate differentiated investment attraction targets and strategies, work closely with bilateral joint (mixed) economic and trade committees, and fully activate bilateral investment promotion working groups to boost project matchmaking.

    7. Strengthening support for FIEs’ reinvestment in China. We will keep optimizing the business environment and ensure full national treatment for FIEs. We will research and formulate policy measures to encourage FIEs to reinvest in China and use more of their profits made in China for reinvestment. We will pilot an information report program for FIEs’ investment in China.

    8. Encouraging foreign investment in a wider range of industries. We will revise and expand the catalogue of industries where foreign investment is encouraged, optimize foreign investment mix, promote the high-quality development of China’s manufacturing sector with foreign investment, steer foreign investment to the modern services sector, and support more foreign investment flows into China’s central, western and northeastern regions.

    9. Removing restrictions on foreign-invested investment companies’ access to domestic loans. Foreign-invested investment companies will be allowed to access domestic loans for equity investment. We will make greater efforts to communicate relevant policies and provide facilitation for multinational companies to invest in and establish headquarters and similar institutions in China.

    10. Encouraging multinational companies to invest in and establish investment companies. We will refine the rules for setting up foreign-invested investment companies and provide facilitation for multinational companies to invest in and establish investment companies in China in terms of foreign exchange administration, cross-border movement of personnel and cross border data flows. Companies invested in and established in China by foreign-invested investment companies will be eligible for FIE treatment in accordance with law and regulation.

    11. Facilitating merger & acquisition (M&A) investment in China by foreign investors. The Provisions on the Merger and Acquisition of Domestic Companies by Foreign Investors will be amended under the framework of the Foreign Investment Law, with refined M&A rules and transaction procedures, better defined scope of administration and lower threshold for cross-border share swaps.

    12. Intensifying investment attraction in key sectors. We will encourage and ensure national treatment for foreign investment in animal husbandry-related sectors such as breeding, production of rearing equipment and production of animal feed and veterinary medicine. To create more business opportunities and cooperation space for FIEs, we will support their participation in China’s new industrialization process, with a focus on high-tech sectors. Foreign investment utilization will be encouraged in services sectors including elderly care, culture and tourism, sports, healthcare, vocational education and finance to meet consumer demand for multi-tiered services.

    13. Promoting communications on economic policies and the business environment. Press releases and briefings, interviews and expert comments will be fully utilized to showcase and explain China’s new policies, measures and highlights for expanding high-standard opening up.

    III. Strengthening the functions of opening-up platforms

    14. Deepening institutional reforms in economic and technological development zones. We will improve policy support systems and develop policy papers on deepening reforms and innovations in national economic and technological development zones, roll out new measures in guaranteeing production factors, opening up key sectors, carrying out pilot reform tasks and delegating economic management power, so as to improve the standards of export-oriented economy in national economic and technological development zones. For national high-tech industrial development zones, special customs supervision areas and various provincial development zones, we will tap into their role as opening-up platforms for stabilizing foreign investment.

    15. Implementing the strategy to upgrade pilot free trade zones. We will improve the quality and efficiency of pilot free trade zones, expand the authorization of reform tasks, accelerate the implementation of core policies for the Hainan Free Trade Port and create a highland for attracting foreign investment. We support pilot free trade zones in stepping up stress tests in sectors accessible to foreign investment and continuing to expand institutional opening up in rules, regulation, management and standards.

    IV. Redoubling efforts to enhance services

    16. Promoting the implementation of major and key foreign-invested projects. We will encourage the inclusion of more foreign-invested projects in the lists of major and key foreign-invested projects and enhance policy support and services to accelerate the implementation of projects.

    17. Establishing a system of standards for domestic products in government procurement. We will speed up developing and issuing relevant documents to specify the standards of domestic products in government procurement and ensure that products produced by enterprises of different ownerships within China participate equally in government procurement activities. We will enhance policy communication in the field of government procurement and improve the handling of complaints from FIEs.

    18. Broadening financing channels for FIEs. We will encourage financial institutions to provide financing services for FIEs, research the borrowing needs, investment and operation of key FIEs, and organize targeted bank-enterprise matchmaking events. Various types of funds will be guided to carry out equity investment cooperation with FIEs, and FIEs supported in expanding their investment and business and deepening their footprint in China.

    19. Facilitating personnel exchange. We will accelerate negotiations on mutual visa exemption agreements, and continue to expand the coverage of China’s unilateral visa-free policy in a prudent manner. Policies for port visa, visa-free transit and regional visa-free entry will be optimized to promote cross-border movements of people. A Guide to Working and Living in China as Business Expatriates will be upgraded.

    20. Improving the level of trade facilitation for FIEs. We will work earnestly on issuing Certificates of Origin under preferential trade agreements to help FIEs enjoy tariff concessions from agreement partners. The inspection and regulation of complete sets of equipment imported for key foreign-invested projects will be optimized. More efforts will be made to support FIEs in obtaining the “Authorized Economic Operator” (AEO) certificate, and random inspections will be further optimized and reduced for AEOs. We will promote the adoption of inspection results of imports in an active and prudent manner, and include more qualified Chinese and foreign inspection institutions on the list of institutions whose inspection results are adopted. FIEs will be encouraged to apply for recordation of their intellectual property rights, and any infringement in the process of import and export will be resolutely combated.

    Under the centralized and unified leadership of the Central Committee of the Communist Party of China, all regions and relevant departments should unswervingly deepen reform and opening up, refine specific implementation measures, and innovate working methods and strengthen policy and factor support in areas including investment promotion, rights and interests protection and services guarantee, to ensure that the measures can be put in place and take effect in 2025, so as to effectively boost the confidence of foreign investors. Relevant departments should be organized to visit key regions and major FIEs to better understand the requests of FIEs and effectively respond to their concerns. The Ministry of Commerce and the National Development and Reform Commission will work with relevant departments and agencies to enhance guidance and coordination for effective policy communication and implementation. Significant matters should be reported in a timely manner.

    MIL OSI China News –

  • MIL-OSI China: Delegation of Chinese entrepreneurs visits South Africa

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

    JOHANNESBURG, Feb. 21 — A delegation of Chinese entrepreneurs visited South Africa from Wednesday to Friday to promote cooperation between businesses of the two countries.

    The delegation, led by Ren Hongbin, chairman of the China Council for the Promotion of International Trade (CCPIT), took the elevation of China-South Africa bilateral ties to an all-round strategic cooperative partnership in the new era as an opportunity to deepen mutual exchanges.

    During the visit, Ren engaged in extensive discussions with South African officials and business representatives. He also attended the China-South Africa Economic and Trade Forum, the third China International Supply Chain Expo Promotion Conference, as well as the China-South Africa Business Networking.

    The CCPIT chairman introduced China’s high-quality development to promote the Chinese path to modernization and its adherence to high-level opening up. He welcomed the South African business community to participate in the third China International Supply Chain Expo to deepen bilateral cooperation in industrial and supply chains.

    The enterprises and institutions from both sides have conducted multiple business negotiations and exchanges, achieving fruitful results.

    MIL OSI China News –

  • MIL-OSI USA: Ranking Member Markey, Committee Democrats Condemn Arbitrary Mass Firings at the Small Business Administration, Demand Reinstatement of Employees

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey
    Letter Text (PDF)
    Washington (February 21, 2025) – Small Business and Entrepreneurship Committee Ranking Member Edward J. Markey (D-Mass.) yesterday led Democratic committee members in a letter to Small Business Administration (SBA) Administrator Kelly Loeffler demanding answers on the recent arbitrary mass firings by the Trump administration of SBA public servants, including loan and disaster assistance staff and veterans.
    In the letter the lawmakers wrote, “Over the past week, the Small Business Administration (SBA) has taken unprecedented personnel actions that have gutted its civil service workforce around the country. This includes the firing of hundreds of SBA employees serving their probationary work period. Yet, SBA has provided us with no direct information about these terminations, including why they were undertaken, the number and identities of fired employees, or which SBA offices were impacted.”
    The lawmakers continued, “In order to ensure small businesses continue to receive the SBA services they need to thrive, we request the following: First, put an immediate stop to the arbitrary firings of career civil servants and reinstate them immediately, with backpay. Second, have your Deputy Inspector General conduct a thorough review of the SBA’s actions to ensure that any termination was lawful. And third, promptly brief the Committee’s minority staff on SBA’s recent personnel actions and its plan to implement the President’s deferred resignations and RIF executive order.”
    The letter is signed by fellow Senate Small Business and Entrepreneurship Committee Democrats, Senators Maria Cantwell (D-Wash.), Jeanne Shaheen (D-N.H.), Cory Booker (D-N.J.), Chris Coons (D-Del.), Mazie Hirono (D-Hawaii), Jacky Rosen (D-Nev.), John Hickenlooper (D-Colo.), and Adam Schiff (D-Calif.).

    MIL OSI USA News –

  • MIL-OSI USA: Defending American Companies and Innovators From Overseas Extortion and Unfair Fines and Penalties

    US Senate News:

    Source: The White House
    class=”has-text-align-left”>MEMORANDUM FOR THE SECRETARY OF THE TREASURY
         THE SECRETARY OF COMMERCE
         THE UNITED STATES TRADE REPRESENTATIVE
         THE SENIOR COUNSELOR TO THE PRESIDENT FOR TRADE
         AND MANUFACTURING
    SUBJECT:       Defending American Companies and Innovators From               Overseas Extortion and Unfair Fines and Penalties      Section 1.  Purpose.  In recent years, the gross domestic product of the United States’ digital economy alone, driven by cutting-edge American technology companies, has been bigger than the entire economy of Australia, Canada, or most members of the European Union.  Instead of empowering their own workers and economies, foreign governments have increasingly exerted extraterritorial authority over American companies, particularly in the technology sector, hindering these companies’ success and appropriating revenues that should contribute to our Nation’s well-being, not theirs.        Beginning in 2019, several trading partners enacted digital services taxes (DSTs) that could cost American companies billions of dollars and that foreign government officials openly admit are designed to plunder American companies.  Foreign countries have additionally adopted regulations governing digital services that are more burdensome and restrictive on United States companies than their own domestic companies.  Additional foreign legal regimes limit cross-border data flows, require American streaming services to fund local productions, and charge network usage and Internet termination fees.  All of these measures violate American sovereignty and offshore American jobs, limit American companies’ global competitiveness, and increase American operational costs while exposing our sensitive information to potentially hostile foreign regulators.      My Administration will not allow American companies and workers and American economic and national security interests to be compromised by one-sided, anti-competitive policies and practices of foreign governments.  American businesses will no longer prop up failed foreign economies through extortive fines and taxes.      Sec. 2.  Policy.  It is the policy of my Administration that where a foreign government, through its tax or regulatory structure, imposes a fine, penalty, tax, or other burden that is discriminatory, disproportionate, or designed to transfer significant funds or intellectual property from American companies to the foreign government or the foreign government’s favored domestic entities, my Administration will act, imposing tariffs and taking such other responsive actions necessary to mitigate the harm to the United States and to repair any resulting imbalance.      In taking such responsive action, my Administration shall consider:      (a)  taxes imposed on United States companies by foreign governments, including those that may discriminate against United States companies;      (b)  regulations imposed on United States companies by foreign governments that could inhibit the growth or intended operation of United States companies;      (c)  any act, policy, or practice of a foreign government that could require a United States company to jeopardize its intellectual property; and      (d)  Any other act, policy, or practice of a foreign government that serves to undermine the global competitiveness of United States companies.   
         Sec. 3.  Agency Responsibilities.  (a)  The United States Trade Representative shall determine, in accordance with applicable law, whether to renew investigations under section 301 of the Trade Act of 1974 (19 U.S.C. 2411) of the DSTs of France, Austria, Italy, Spain, Turkey, and the United Kingdom, which were initiated under my Administration on July 16, 2019, and June 5, 2020.  If the United States Trade Representative determines to renew such investigations, he shall take all appropriate and feasible action in response to those DSTs.
         (b)  The United States Trade Representative shall determine, consistent with section 302(b) of the Trade Act of 1974 (19 U.S.C. 2412(b)) (section 302(b)), whether to investigate the DST of any other country that may discriminate against United States companies or burden or restrict United States commerce.  He shall further determine whether to pursue a panel under the United States-Mexico-Canada Agreement on the DST imposed by Canada and whether to investigate Canada’s DST under section 302(b).  In making these determinations, the United States Trade Representative shall consult with the Secretary of the Treasury, as appropriate.      (c)  The Secretary of the Treasury, the Secretary of Commerce, and the United States Trade Representative shall jointly identify trade and other regulatory practices by other countries, including, without limitation, those described in section 2 of this memorandum, that discriminate against, disproportionately affect, or otherwise undermine the global competitiveness or intended operation of United States companies, in the digital economy and more generally, and recommend to me appropriate actions to counter such practices under applicable authorities.  The United States Trade Representative shall include the results of this review as part of the report required in section 5(c) of the Presidential Memorandum of January 20, 2025 (America First Trade Policy) (America First Trade Policy Memorandum).      (d)  The Secretary of the Treasury, the Secretary of Commerce, and the United States Trade Representative shall investigate whether any act, policy, or practice of any country in the European Union or the United Kingdom has the effect of requiring or incentivizing the use or development of United States companies’ products or services in ways that undermine freedom of speech and political engagement or otherwise moderate content, and recommend appropriate actions to counter such practices under applicable authorities.  The United States Trade Representative shall include the results of this review as part of the report required in section 5(c) of the America First Trade Policy Memorandum.      (e)  The Secretary of the Treasury, in consultation with the Secretary of Commerce and the United States Trade Representative, shall determine whether any foreign country subjects United States citizens or companies, including, without limitation, in the digital economy, to discriminatory or extraterritorial taxes, or has any tax measure in place that otherwise undermines the global competitiveness of United States companies, is inconsistent with any tax treaty of the United States, or is otherwise actionable under section 891 of title 26, United States Code, or other tax-related legal authority.  The Secretary of the Treasury shall include the results of this determination as part of the report required in section 2 of the Presidential Memorandum of January 20, 2025 (The Organization for Economic Co-Operation and Development (OECD) Global Tax Deal).      (f)  The United States Trade Representative shall identify tools the United States can use to secure among trading partners a permanent moratorium on customs duties on electronic transmissions.  The United States Trade Representative shall include the results of this review as part of the report required in section 5(c) of the America First Trade Policy Memorandum.      (g)  The United States Trade Representative, in consultation with the Secretary of Commerce and the Senior Counselor to the President for Trade and Manufacturing, shall establish a process that allows American businesses to report to the United States Trade Representative foreign tax or regulatory practices that disproportionately harm United States companies.      Sec. 4.  General Provisions.  (a)  Nothing in this memorandum shall be construed to impair or otherwise affect:           (i)   the authority granted by law to an executive department or agency, or the head thereof; or           (ii)  the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.      (b)  This memorandum shall be implemented consistent with applicable law and subject to the availability of appropriations.      (c)  This memorandum is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.
         (d)  The United States Trade Representative is authorized and directed to publish this memorandum in the Federal Register.

    MIL OSI USA News –

  • MIL-OSI Security: Mississippi Woman Pleads Guilty to Scheme to Defraud COVID-19 Relief Program of Over $5,000,000

    Source: Office of United States Attorneys

    Memphis, TN – A Mississippi woman has pled guilty to defrauding the Paycheck Protection Program (PPP), a federal program intended to help small businesses survive the COVID-19 pandemic, of over $5,000,000. Reagan Fondren, Acting United States Attorney for the Western District of Tennessee, announced the guilty plea today.

    On February 20, 2025, Lisa Evans, 42, of Olive Branch, Mississippi, pled guilty before United States District Judge Thomas L. Parker to conspiracy to commit wire fraud.  She will be sentenced on May 22, 2025 and faces a maximum term of 20 years in federal prison. There is no parole in the federal system.

    According to information presented in court, Evans submitted fraudulent PPP loan applications for numerous individuals who were not entitled to PPP loans. The applications Evans submitted contained false representations, including fake federal tax documents.  When the individual borrowers obtained the PPP loan funds, they then paid Evans kickbacks of 20 to 30 percent.  The loss to the PPP program was $5,126,258.  

    Acting U.S. Attorney Fondren stated: “Individuals cheating the Paycheck Protection Program stole money from U.S. taxpayers who desperately needed these loans to keep their small businesses afloat and pay their employees during the COVID-19 pandemic. I would especially like to commend and thank the federal law enforcement agencies who uncovered this fraud and brought this defendant to justice: the Federal Housing Finance Agency Office of Inspector General; the Federal Deposit Insurance Corporation Office of Inspector General; the U.S. Treasury Inspector General for Tax Administration, Gulf States Field Division; the U.S. Small Business Administration Office of Inspector General; the U.S. Secret Service, Memphis Field Office; and the Pandemic Response Accountability Committee. My office will continue to work with these law enforcement partners to bring those who committed pandemic benefit fraud in the Western District of Tennessee to justice and to recover stolen pandemic relief funds.”

    Acting U.S. Attorney Fondren also thanked Assistant U.S. Attorney Tony Arvin, who prosecuted this case.

    ###

    For more information, please contact the Media Relations Team at USATNW.Media@usdoj.gov. Follow the U.S. Attorney’s Office on Facebook or on X at @WDTNNews for office news and updates.

    MIL Security OSI –

  • MIL-OSI Security: Nevada Woman Indicted In Romance Scheme To Defraud Seniors

    Source: Office of United States Attorneys

    LAS VEGAS – A Las Vegas, Nevada, woman has been charged in a 21-count superseding indictment for allegedly luring older men she met through online dating services and stealing their monies for her personal benefit.

    Aurora Phelps, 43, with residences in Las Vegas and Guadalajara, Mexico, is charged with seven counts of wire fraud; three counts of mail fraud; six counts of bank fraud; three counts of identity theft; one count of kidnapping; and one count of kidnapping resulting in death. Phelps is currently in custody in Mexico.

    According to allegations contained in the superseding indictment, from July 1, 2021, to December 9, 2022, Phelps would meet older men on dating websites or services, then meet them in-person. It was part of her scheme to drug the older men to gain unauthorized access to and steal money from their financial accounts to personally benefit herself and her family members.

    The superseding indictment stems from a two-year investigation by the FBI Las Vegas Division. The superseding indictment was returned by a federal grand jury in September 2023.

    Photo of defendant Aurora Phelps, from court document in United States of America v. Aurora Phelps, number 2:23-cr-0167-CDS-DJA, in U.S. District Court for the District of Nevada.

    In romance scams, the scammer gains an unsuspecting individual’s affection and trust, then uses the illusion of a romantic or close relationship to manipulate and/or steal from the victim. These schemes not only cause significant financial losses, but also deeply impact the lives of victims.

    If convicted on all counts, Phelps faces a maximum statutory penalty of life in prison.

    The charges were announced by Acting United States Attorney Sue Fahami for the District of Nevada and Special Agent in Charge Spencer L. Evans for the FBI Las Vegas Division.

    The investigation is a result of the close cooperation between the United States and Mexican authorities. The Justice Department’s Office of International Affairs is providing significant assistance in this case. Assistant United States Attorneys Daniel R. Schiess and Steven J. Rose are prosecuting the case.

    An FBI website has been established seeking to identify potential victims. Any individuals who believe they or someone they know may have been victimized by Phelps or otherwise have information related to the case are encouraged to contact the FBI at 1-800-CALL-FBI or complete a survey via this website https://www.fbi.gov/how-we-can-help-you/victim-services/seeking-victim-information/seeking-victim-information-in-aurora-phelps-investigation.

    If you or someone you know is age 60 or older and has experienced financial fraud, experienced professionals are standing by at the National Elder Fraud Hotline 1-833-FRAUD-11 (1-833-372-8311). This Justice Department hotline, managed by the Office for Victims of Crime, can provide personalized support to callers by assessing the needs of the victim and identifying relevant next steps. Case managers will identify appropriate reporting agencies, provide information to callers to assist them in reporting, connect callers directly with appropriate agencies, and provide resources and referrals, on a case-by-case basis. Reporting is the first step. Reporting can help authorities identify those who commit fraud and reporting certain financial losses due to fraud as soon as possible can increase the likelihood of recovering losses. The hotline is open Monday through Friday from 10:00 a.m. to 6:00 p.m. ET. English, Spanish and other languages are available.

    More information about the department’s efforts to help older Americans is available at its Elder Justice Initiative webpage, which can be found at elderjustice.gov. For more information about the Consumer Protection Branch and its enforcement efforts, visit www.justice.gov/civil/consumer-protection-branch. Elder fraud complaints can be filed with the FTC at www.reportfraud.ftc.gov/ or at 877-FTC-HELP. The Justice Department provides a variety of resources relating to elder fraud victimization through its Office for Victims of Crime, at www.ovc.gov.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    ###

     

    MIL Security OSI –

  • MIL-OSI Submissions: Africa – Scotland London Africa Week Celebrates Success as Dates Announced for 2025 Programme

    SOURCE: Scottish Africa Business Association (SABA)

    Scotland London Africa Week has quickly established itself as a pivotal event for increasing trade, collaboration and business opportunities between Scotland and African markets

    ABERDEEN, Scotland, February 21, 2025/ — Following the resounding success of Scotland London Africa Week 2024, the Scottish Africa Business Association (SABA) (www.AfricaScot.com) is delighted to announce that the business programme will return this year from 25th to 27th November 2025.

    Scotland London Africa Week has quickly established itself as a pivotal event for increasing trade, collaboration and business opportunities between Scotland and African markets. The 2024 programme brought together senior diplomats, government officials and business leaders to strengthen partnerships and unlock new opportunities for more than 20 delegates.

    The 2025 programme is already shaping up to build on this success, with confirmed highlights including a strategic meeting with the Department for Business and Trade (DBT) Africa Team and a high-profile networking reception at Dover House, with kind permission of the Secretary of State for Scotland The Rt Hon Ian Murray MP.

    SABA is also working closely with High Commissioners and Ambassadors from across the African continent to ensure the event continues to offer Scottish businesses unrivalled access to African market insights, key decision-makers and potential partners within London’s thriving African business ecosystem.

    Frazer Lang, Chief Executive of SABA, said: “Scotland London Africa Week has proven to be an invaluable platform for Scottish businesses looking to expand into Africa. The engagement we saw last year from both African and UK stakeholders was fantastic and we are excited to bring an even more impactful programme to our participants in 2025.  As a result of last year’s programme, one of our success stories was the news that VG Energy and Norco signed a Memorandum of Understanding, binding the two companies in an exclusive partnership that will bring growth and technical innovation to Nigeria.”

    Commenting on the partnership, Frank Burns, Contract Support Engineer at Norco said: “We are extremely pleased to be able to declare our exclusive partnership with VG Energy via this Memorandum of Agreement. This is a new and exciting chapter for Norco as we expand our presence and service offering in Nigeria. Together with VG Energy, who bring significant experience in identifying and securing new business opportunities, we feel well-placed to unlock new growth opportunities in the energy sector and beyond.”

    This year’s Scotland London Africa Week will feature sector-specific briefings, market insights and networking opportunities designed to equip Scottish businesses with the tools and connections to thrive in African markets.

    Scottish businesses interested in participating are encouraged to register their interest early to secure a place.  

    About the Scottish Africa Business Association (SABA):
    SABA is the preeminent non-political, Africa focussed, members trade organisation with an unrivalled board of experienced directors which promotes trade, investment and knowledge sharing between Scotland’s world class expertise and Africa’s priority sectors including energy, agriculture, the blue economy, healthcare, skills training and education by leveraging extensive commercial, trade, political and government contacts across Scotland and Africa.

    As part of this, our team organises private meetings, round tables, seminars, conferences, global trade missions and offers market research, intelligence sharing and consultancy services.

    MIL OSI – Submitted News –

  • MIL-OSI USA: February 21st, 2025 Heinrich Fights Against Republicans’ Plan for Handouts to Billionaires at the Expense of New Mexico Families

    US Senate News:

    Source: United States Senator for New Mexico Martin Heinrich

    VIDEO

    Heinrich on the Senate floor through the night to stand up for New Mexicans who will be harmed by Republicans’ billionaire handout 

    Republicans vote against Heinrich amendment to reinstate grants Trump has blocked for survivors of sexual assault and domestic violence

    WASHINGTON — Last night, U.S. Senator Martin Heinrich (D-N.M.) stood up for New Mexico families by voting against Republicans’ budget resolution that paves the way for billionaire tax handouts at the expense of working people.

    Heinrich repeatedly attempted to amend Republicans’ resolution by voting to protect police officers, veterans, wildland firefighters, survivors of sexual assault and domestic violence, farmers, Tribal communities, Social Security, Medicare, Medicaid, and SNAP, and to deliver tax cuts for working people, lower prescription drug costs, lower rent costs, and more. At every turn, Heinrich and Senate Democrats’ amendments were defeated by Senate Republicans.

    Just after 3:00 a.m. ET, Heinrich took to the Senate floor to offer an amendment to reinstate blocked grants for survivors of sexual assault and domestic violence and ensure law enforcement can hold predators and abusers accountable. Republicans voted against his amendment. Watch Heinrich’s video here.

    “Under the cloak of darkness last night, Republicans rammed through a $340 billion budget framework to clear the way for billionaires’ tax handouts at the expense of working Americans. Throughout the night and into the early morning, I fought for dozens of amendments to shield New Mexico families from this harmful legislation: protections for children, veterans, law enforcement, wildland firefighters, farmers, Tribal communities, and the programs they depend on, including Social Security, Medicare, Medicaid, and SNAP. Alongside my Democrat colleagues, we also put forward solutions to cut taxes for working people, lower food costs, and lower rent costs. Republicans rejected every single one – even blocking our amendment to say no tax cuts for people like Elon Musk making over $500,000,000,” said Heinrich “I’m especially outraged that Republicans opposed my amendment to support survivors of sexual assault and domestic violence and ensure that law enforcement can hold abusers and predators accountable.”

    Heinrich continued, “When Republicans had the opportunity to go on the record and show the American people whose side they’re on, they chose billionaires and threw working people under the bus. I’ll always choose New Mexico families — that’s who I’m fighting for.”

    Last night, Senate Republicans blocked Heinrich’s efforts to:

    • Support survivors of sexual assault and domestic violence and help law enforcement hold predators and abusers accountable.
    • Help law enforcement agencies hire additional officers to keep our communities safe.
    • Address the ongoing avian influenza (HPAI or H5N1) outbreak and lower the cost of eggs.
    • Protect Americans’ privacy from unauthorized access by Elon Musk’s “DOGE.”
    • Stop tax cuts for billionaires while families struggle to put food on the table.
    • Ensure billionaires pay their fair share in taxes.
    • Lower energy costs for Americans.
    • Lower housing costs and rent for working families.
    • Prevent cuts to school lunch and breakfast programs for kids.
    • Prevent cuts to programs critical to rural Americans and food assistance for working families.
    • Protect access to fertility services and in-vitro fertilization (IVF).
    • Prevent millions of Americans from being kicked off their health coverage.
    • Protect Medicare and Medicaid benefits, including access to maternal and pediatric health care through Medicaid.
    • Preserve and extend the Affordable Care Act’s tax credits to make health care more accessible and affordable.
    • Ensure full and uninterrupted funding for veteran health care benefits under the PACT Act.
    • Reinstate federal employees fired by Trump and Musk at the United States Forest Service, National Park Service, Fish and Wildlife Service, and Bureau of Land Management.
    • Support federal wildland firefighter personnel.
    • Prevent the indiscriminate termination of federal employees who protect the health and safety of Americans.
    • Reverse the Trump Administration’s indiscriminate cuts to biomedical research and the life saving work supported by the National Institutes of Health (NIH).
    • Increase funding for research on Alzheimer’s disease.
    • Ensure continued support for Ukraine to stand firm against aggression by Russia.

    Below is a total list of amendments that Heinrich filed to amend Republicans’ budget resolution to cut taxes for billionaires at the expense of working people:

    • Amendment to lower the cost of groceries for working families, including eggs and milk.
    • Amendment to lower the cost of consumer goods and services for working families.
    • Amendment to protect access to Head Start and Early Head Start programs for working families.
    • Amendment to lower residential electricity rates and protect home energy rebate programs for working families.
    • Amendment to protect veteran-owned businesses access to Small Business Administration loan programs.
    • Amendment to expand and modernize land ports of entry to better detect and intercept illicit fentanyl, firearms, and currency.
    • Amendment to protect Tribal citizens from wrongful searches and interrogations by ICE and requiring the U.S. Department of Homeland Security to issue guidance on what forms of identification are acceptable as valid proof of United States citizenship, including Tribal government-issued identification.
    • Amendment to protect Tribal sovereignty.
    • Amendment to strengthen America’s power grid.
    • Amendment to protect Tribal energy projects.
    • Amendment to improve food safety in the meat and poultry supply chain.
    • Amendment to defend funding for the National Nuclear Security Administration, which ensures our nation maintains a safe, secure, and reliable nuclear deterrence.
    • Amendment to prevent the sell-off of American public lands.

    MIL OSI USA News –

  • MIL-OSI USA: Governor Stein and NC Department of Commerce Bring Jobs to Rural and Small Town North Carolina

    Source: US State of North Carolina

    Headline: Governor Stein and NC Department of Commerce Bring Jobs to Rural and Small Town North Carolina

    Governor Stein and NC Department of Commerce Bring Jobs to Rural and Small Town North Carolina
    lsaito

    Raleigh, NC

    This week, Governor Stein and the North Carolina Department of Commerce announced five different companies and the NC Rural Infrastructure Authority creating over 800 new jobs in rural North Carolina counties.

    “I am excited to see over 800 new jobs coming to small town North Carolina,” said Governor Josh Stein. “Rural North Carolina has a strong and talented manufacturing workforce, and I am pleased to see companies worldwide take advantage of what we have to offer. We want not only to continue to grow North Carolina’s economy but also to share that growth to every corner of the state.”

    “I was born and raised in rural North Carolina, so I know that there are great opportunities for companies to expand in every community in this state,” said North Carolina Secretary of Commerce Lee Lilley. “We will continue to pursue opportunities to create great jobs all across North Carolina.”

    Among the investments in North Carolina: 

    • Syntec Precision Technology Corporation will create 34 new jobs in Vance County and will invest $8 million to establish its first North American production and warehouse facility in Henderson.
    • Pennsylvania Transformer Technology, LLC will add 217 new jobs in Hoke County and invest more than $102.5 million to expand its manufacturing footprint in Raeford.
    • Chatsworth Products, Inc will add 45 new jobs in Craven County and invest $11 million to expand its facility in New Bern.
    • Provalus will establish a Center of Excellence in Edenton, creating 61 jobs and will invest $6.48 million to Chowan County.
    • Barrier Fencing Supply will establish a headquarters and manufacturing center in Columbus County, creating 151 jobs.
    • NC Rural Infrastructure Authority has approved 13 grant requests to local governments, which will create 785 jobs, 414 of which were previously announced

    Read more about the job announcements across North Carolina:

    Feb 21, 2025

    MIL OSI USA News –

  • MIL-OSI Security: Colorado City Man Sentenced to Life in Prison for Role in Child Sexual Abuse Ring

    Source: United States Department of Justice (Human Trafficking)

    PHOENIX, Ariz. – LaDell Jay Bistline, Jr., 46, of Colorado City, was sentenced on Wednesday by United States District Judge Susan M. Brnovich to life in prison. On October 2, 2024, a jury convicted Bistline of one count of Receipt of Child Pornography; one count of Transfer of Obscene Material to a Minor; two counts of Persuading or Coercing Travel to Engage in Sexual Activity; two counts of Using a Means of Interstate Commerce to Persuade or Coerce a Minor to Engage in Sexual Activity; and two counts of Transportation of a Minor for Criminal Sexual Activity.

    Bistline’s charges are based on his participation in a years-long child sexual abuse conspiracy that spanned several states and victimized at least 10 children. Bistline committed his crimes with others, including co-defendant Samuel Rappylee Bateman, the self-proclaimed leader of a religious sect based in Colorado City. Bateman and 10 of his other followers previously pleaded guilty to charges related to the child sexual abuse conspiracy and were not part of the trial against Bistline.

    According to court documents and evidence presented at trial, Bistline delivered two of his own daughters to Bateman to become child “brides” and be sexually abused when the girls were nine and 11 years old. Bistline and others transported the victims between states including Nebraska, Colorado, Utah, and Arizona to facilitate the sexual abuse. Bistline also participated in group sexual activity involving children, including one event he watched over a video livestream.

    The Phoenix Field Office of the Federal Bureau of Investigation (FBI) conducted the investigation in this case. The United States Attorney’s Office, District of Arizona, Phoenix, handled the prosecution. The United States Attorney’s Office continues to extend special gratitude to the Arizona Department of Child Safety for its work rescuing and protecting Arizona children impacted by this matter, the Colorado City Police Department, the Iron County (Utah) Sheriff’s Office, the U.S. Marshals Service, and the St. George Resident Agency of the FBI’s Salt Lake City Field Office for their assistance in this matter.
     

    CASE NUMBER:           CR-22-8092-006-PHX-SMB
    RELEASE NUMBER:    2025-021_Bistline

    # # #

    For more information on the U.S. Attorney’s Office, District of Arizona, visit http://www.justice.gov/usao/az/
    Follow the U.S. Attorney’s Office, District of Arizona, on X @USAO_AZ for the latest news.

     

    MIL Security OSI –

  • MIL-OSI: Navient finalizes sale of Government Services business

    Source: GlobeNewswire (MIL-OSI)

    HERNDON, Va., Feb. 21, 2025 (GLOBE NEWSWIRE) — Navient (Nasdaq: NAVI) announced today that it has finalized the sale of its Government Services business to an affiliate of Gallant Capital Partners, LLC, a Los Angeles-based investment firm.

    Navient’s Government Services business includes Navient Business Processing Group, Duncan Solutions, Gila (D.B.A Municipal Services Bureau), Pioneer Credit Recovery and Navient BPO. Approximately 1,200 employees are transferring with those businesses as a part of the transaction, which allows Navient to fully exit the business processing solutions space.

    About Navient
    Navient (Nasdaq: NAVI) provides technology-enabled education finance solutions that simplify complex programs and help millions of people achieve success. Our customer-focused, data-driven services deliver exceptional results for clients. Learn more at navient.com.

    Contact:

    Media: Paul Hartwick, 302-283-4026, paul.hartwick@navient.com

    Investors: Jen Earyes, 703-984-6801, jen.earyes@navient.com

    The MIL Network –

  • MIL-OSI New Zealand: Dodgy crane safety inflicts misery for teen worker

    Source: Worksafe New Zealand

    Old equipment repurposed by businesses must be safe to use, WorkSafe New Zealand says, following sentencing of a Rotorua company whose modified crane became a weapon that changed the life of a teenage contractor.

    Harrison Gilbert was struck in the face by an untethered 412-kilogram steel beam being manoeuvred by the mobile crane at Lakeland Steel in Rotorua, on the day of his seventeenth birthday in October 2022.

    Mr Gilbert was knocked unconscious and received over 100 stitches in his face, a broken eye socket, a broken nose, several smashed or lost teeth, and skull fractures. He required facial reconstruction surgery and has more to come.

    A WorkSafe investigation found the mobile crane had no certificate of inspection, no load safety devices fitted, and unclear labelling on its controls. The load should have had a tag line or tether to steady it. The crane appears to have originally been a log skidder bought in the 1970’s by the previous owner of Lakeland Steel. At some point in time, it was modified into a crane which was inherited by the current owners who did not maintain it.

    Mr Gilbert had not been trained in any of the activities associated with the crane, and was dividing his attention between the load and working with the crane operator when he was hit.

    “This young worker was traumatically let down through no fault of his own. Simply put, the crane should not have been operational,” says WorkSafe’s area investigation manager, Paul West.

    “Businesses must manage their risks. This includes regularly checking all their equipment to check it’s fit for purpose and compliant. Pay extra attention to modified or older equipment so it doesn’t get neglected while still operational.”

    The Crane Association says the incident highlights the importance of ensuring freely suspended crane loads are controlled by a tag line or tether.

    “In an industry full of risks, it’s important to understand all the elements that contribute to working safely. Businesses must train their staff in selecting and properly using tag lines, because you don’t want injuries like these on your conscience if things go wrong,” says the Association’s chief executive Sarah Toase.

    WorkSafe’s role is to influence businesses to meet their responsibilities and keep people healthy and safe. When they do not, we will take action.

    Read more from the Crane Association on tag line safety(external link)

    Background

    • Lakeland Steel Limited was sentenced at Rotorua District Court on 20 February 2025.
    • A fine of $234,000 was imposed, and reparations of $54,131 were ordered
    • Lakeland Steel was charged under sections 36(1)(a), 48(1) and (2)(c) of the Health and Safety at Work Act 2015
      • Being a person conducting a business or undertaking (PCBU), having a duty to ensure, so far as is reasonably practicable, the health and safety of workers who work for the PCBU, including Harrison Gilbert, while the workers are at work in the business or undertaking, namely using a T-Lift Mobile Crane to move steel beams, did fail to comply with that duty, and that failure exposed the workers to risk of serious injury or death.
    • The maximum penalty is a fine not exceeding $1.5 million.

    Media contact details

    For more information you can contact our Media Team using our media request form. Alternatively:

    Email: media@worksafe.govt.nz

    MIL OSI New Zealand News –

  • MIL-OSI USA: FDA Warns of Use of Selective Androgen Receptor Modulators (SARMs) Among Teens, Young Adults

    Source: US Food and Drug Administration

    Español

    The U.S. Food and Drug Administration is warning consumers that the agency continues to receive adverse event reports related to selective androgen receptor modulators, commonly called SARMs. Social media posts by influencers and sellers of SARMs contribute to the availability and promotion of these dangerous products.

    Targeting teenagers and young adults, videos on social media platforms tout SARMs as a quick or easy way to improve physical appearance, gain muscle mass, or increase athletic performance. 

    SARMs, which are chemical substances that mimic the effects of testosterone and anabolic steroids, are not FDA approved. Online vendors and social media influencers are using social media to make SARMs seem safe and effective.

    The reality is SARMs are potentially dangerous. The FDA continues to receive adverse event reports associated with SARMS use. The real number of consumers experiencing adverse events is likely higher due to underreporting.  Because these are not approved drugs, consumers may be reluctant to report adverse events or may not be aware that they can report adverse events that they experience. In addition, they might not know that their symptoms are being caused by the product.

    Studies and reports show SARMs are associated with serious or life-threatening health problems, such as:

    • Increased risk of heart attack or stroke
    • Psychosis/hallucinations    
    • Sleep disturbances
    • Sexual dysfunction 
    • Liver injury and acute liver failure 
    • Infertility
    • Pregnancy miscarriage
    • Testicular shrinkage 

    Although SARMs are often marketed as dietary supplements or “sold for research use only,” they are considered unapproved drugs. SARMs cannot be legally marketed in the U.S. as a dietary supplement or drug at this time. These products are often sold with no warnings on the labels, potentially leading consumers to believe the products are safe. 

    The FDA recommends consumers talk to a health care professional about the use of any products for increasing muscle mass or enhancing athletic performance.

    The FDA has issued warning letters to companies selling unapproved products marketed as SARMs over the years. The FDA has also pursued criminal actions for distributors of these products. 

    Because these are unapproved drug products with potentially dangerous side effects, and they have not been reviewed by the FDA for safety or efficacy, consumers should be advised against using SARMs. Consumers should consult a health care professional if they are experiencing any side effect they believe may be associated with the use of a SARMs product.  

    The FDA encourages health care professionals and consumers to report any adverse event related to the use of SARMs products to the FDA’s MedWatch Adverse Event Reporting program. To file a report, use the MedWatch Online Voluntary Reporting Form. The completed form can be submitted online or via fax to 1-800-FDA-0178. 

    Additional guidance on how to report issues with products can be found at the FDA 101: How to Use the Consumer Complaint System and MedWatch.

    Additionally, you can reach out to your local consumer complaint coordinator: Consumer Complaint Coordinators.

    MIL OSI USA News –

  • MIL-OSI USA: FDA Pharmacists Help You Use Medicines Safely

    Source: US Food and Drug Administration

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    How often has this happened to you: You pick up a prescription at the pharmacy and later realize you have questions about something in the directions or warnings. Or you buy a nonprescription drug but aren’t sure about the correct dosage after reading the label.

    That’s where pharmacists come in. Whether at your local pharmacy or the U.S. Food and Drug Administration, pharmacists help patients achieve the best possible outcome when taking drugs.

    Pharmacists can help people take their medicine properly and continue to take it for as long as recommended. For example, they can answer questions about other drugs and foods that can cause an interaction and advise you to consult with your health care professional when your usual medication is unavailable.

    Pharmacists are a bridge between the patient and their prescriber. They are experts at interpreting information for patients.

    What Your Pharmacist Should Know

    “Help your pharmacist get to know you and what questions you have,” says pharmacist Mary E. Kremzner, a public health expert at the FDA. “Pharmacists really want to help people get the maximum benefit from the drugs they need to take, with the least amount of risk.”

    For example, some large pills are hard to swallow. “The pharmacist will know the drug’s makeup and whether you can crush it without changing how it works,” Kremzner says.

    Another risk is interactions – food-drug or drug-drug. “For example, if you take a statin to lower your cholesterol, you might need to avoid drinking large amounts of grapefruit juice because it can make some drugs too powerful, even toxic,” says pharmacist Lindsay Wagner, a public health expert at the FDA. “However, the strength of the interaction varies among drugs. If grapefruit juice is part of your daily routine, your pharmacist can recommend that you consult with your health care professional about an alternative so you can enjoy your juice safely.”

    Let your pharmacist know what questions you have about the information you’ve received. This includes the instructions from your prescriber, information you received from the pharmacy, or articles you’ve read online. Conflicting advice and information can leave anyone confused.

    False information about medical products can add to the confusion. False information can be spread by people who don’t even know it is false, including people you know, like your friends and family. Pharmacists are there to help sort through what you’ve heard.

    “We’re here to help. We do our best to answer every question and help consumers find trustworthy and credible sources for information,” Wagner says.

    Your pharmacist should know:

    • Everything you take for your health. All medications you take (prescription and nonprescription) as well as all vitamins and supplements.
    • Your medical history and experience with medications, including allergic reactions and side effects.
    • If you are pregnant or breastfeeding (nursing).
    • If you have trouble swallowing pills, opening bottles, reading labels, or remembering when to take your medicine.
    • Questions you have about what you’ve been told or read online about your medication.

    How FDA Pharmacists Can Help

    Call your local pharmacist or the FDA’s drug information pharmacists if you have questions after receiving a medicine.

    The FDA’s Division of Drug Information (DDI) is home to a staff of pharmacists who respond to questions about human drugs for the U.S. public. DDI gets several hundred calls and emails each day, with more than half of them from consumers.

    FDA pharmacists can even help you identify a tablet or pill. For example, there may be many different approved generics that can be substituted for one brand-name drug, and their tablets can look different.

    “Generic drugs can vary in size, shape, and color and still be the same medicine,” Kremzner says. “That can be confusing to some people. When in doubt, call your local pharmacist or the FDA if you have questions about whether they are the same product. We also can help you understand the medications you’re taking.”

    What Consumers Ask the FDA

    When in doubt, reach out to us and ask. Here are some of the top questions DDI pharmacists answer.

    Q. What are the possible side effects of my medicine, and how can I report my experience to the FDA?

    A. Approved drugs have benefits as well as side effects, which are listed in the drug’s labeling. If you didn’t receive a printout with your medication, you can find the labeling online from Drugs@FDA or labels.fda.gov.

    For nonprescription drugs (also called over-the-counter, or OTC), you can find side effects in the “Drug Facts” labeling printed on the outer wrapper or container of the drug.

    To report a side effect or medication error, use the FDA’s MedWatch Safety Information and Adverse Event Reporting Program:

    • Complete and submit the report online.
    • Download the form or call 1-800-332-1088 to request a reporting form sent to you in the mail, then complete and return to the address on the form, or submit it by fax to 1-800-FDA-0178.

    Q. Where should I go to find information online about my medications and health?

    A. The FDA website fda.gov/drugs offers truthful, science-based information about prescription and nonprescription drugs. We also recommend MedlinePlus (medlineplus.gov), a service of the National Institutes of Health that provides health information for consumers.

    Q. Are generic drugs the same as brand-name drugs?

    A. Yes. Federal law requires generic drugs to be the same as brand-name drugs. They are as safe and effective and meet the same quality standards as brand-name drugs. They are the same in the way they work, the way they are taken, and the way they should be used. Generics also reach the site of action in the body at the same rate and extent as the brand-name drugs.

    Q. Will this treatment I read about online help or hurt me?

    A. You should be aware that there is false and misleading information about medical products online that can put patients and consumers at risk. For example, health fraud scams will try to sell you treatments that are not proven to work and may cause serious or even fatal injuries. Scams are very common today, especially on social media. If you’re unsure, ask your local pharmacist or health care professional, or contact the FDA.

    Q. How do I discard medicine I no longer need?

    A. The best way to dispose of most types of unused or expired medicines is to drop off the medicine at a drug take back location immediately. Many pharmacies also serve as take back locations.

    Certain medicines should be flushed down the sink or toilet because they are especially harmful and can cause death in a single dose. Flushing medicines on the flush list helps make sure children, pets, or anyone else does not accidentally take the medicine. If you can’t get to a take back location and your medication is not on the flush list, you may be able to dispose of it safely in your household trash by following some simple instructions.

    Stay Informed and Get Updates from the FDA

    The FDA shares information about drugs through email updates and social media. Stay informed by following the FDA’s official social media accounts, including:

    Subscribing to email alerts is easy, and there are many important topics.

    How to Contact FDA’s Drug Information Pharmacists

    • By email: druginfo@fda.hhs.gov
    • By phone: 1-855-543-3784 and 1-301-796-3400

    MIL OSI USA News –