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Category: Commerce

  • MIL-OSI USA: Legislation considered under suspension of the Rules of the House of Representatives during the week of July 7, 2025

    Source: US Congressional Budget Office

    The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. Under suspension, floor debate is limited, all floor amendments are prohibited, points of order against the bill are waived, and final passage requires a two-thirds majority vote.

    At the request of the Majority Leader and the House Committee on the Budget, CBO estimates the effects of those bills on direct spending and revenues. CBO has limited time to review the legislation before consideration. Although it is possible in most cases to determine whether the legislation would affect direct spending or revenues, time may be insufficient to estimate the magnitude of those effects. If CBO has prepared estimates for similar or identical legislation, a more detailed assessment of budgetary effects, including effects on spending subject to appropriation, may be included.

    CBO’s estimates of the bills that have been posted for possible consideration under suspension of the rules during the week of July 7, 2025, include:

    • H.R. 900, Sinkhole Mapping Act of 2025, as amended
    • H.R. 1043, La Paz County Solar Energy and Job Creation Act
    • H.R. 1044, To amend Public Law 99-338 with respect to Kaweah Project permits
    • H.R. 1455, ITS Codification Act
    • H.R. 1709, Understanding Cybersecurity of Mobile Networks Act
    • H.R. 1766, NTIA Policy and Cybersecurity Coordination Act
    • H.R. 1770, Consumer Safety Technology Act
    • H.R. 2037, Open RAN Outreach Act, as amended
    • S. 1596, Jocelyn Nungaray National Wildlife Refuge Act

    MIL OSI USA News –

    July 3, 2025

  • MIL-OSI: Coface SA: Coface finalises the acquisition of Cedar Rose Group

    Source: GlobeNewswire (MIL-OSI)

    Coface finalises the acquisition of Cedar Rose Group

    Paris, 2 July 2025 – 17.35

    Coface announces the closing of the acquisition of Cedar Rose Group, a leader in Information Services in the Middle East.

    With over 25 years’ experience, Cedar Rose is one of the leading providers of business information solutions in the Middle East and Africa region. In a region where information is difficult to access and with positive economic growth outlook, Cedar Rose has built up a vast business network enabling it to produce data whose quality is recognised by its customers, including a number of multinationals.

    Cedar Rose therefore becomes Coface’s information provider in the region, for both credit insurance and Information Services sales. All Coface’s customers will benefit from enhanced Coface data.

    This external growth operation will enable Coface to further strengthen its information production capabilities in areas where information is not readily available. This acquisition aligns perfectly with the objectives of Power the Core ‘s strategic plan, which notably focuses on data excellence.

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    MEDIA RELATIONS
    Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
    Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)
    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2024 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

    Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is quoted in Compartment A of Euronext Paris
    Code ISIN: FR0010667147 / Ticker: COFA

    DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2024 Universal Registration Document filed with AMF on 5 April 2024 under the number D.25-0227 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

    Attachment

    • 2025 07 02 PR Coface finalises the acquisition of Cedar Rose Group

    The MIL Network –

    July 3, 2025

  • MIL-OSI: Coface SA: Coface finalises the acquisition of Cedar Rose Group

    Source: GlobeNewswire (MIL-OSI)

    Coface finalises the acquisition of Cedar Rose Group

    Paris, 2 July 2025 – 17.35

    Coface announces the closing of the acquisition of Cedar Rose Group, a leader in Information Services in the Middle East.

    With over 25 years’ experience, Cedar Rose is one of the leading providers of business information solutions in the Middle East and Africa region. In a region where information is difficult to access and with positive economic growth outlook, Cedar Rose has built up a vast business network enabling it to produce data whose quality is recognised by its customers, including a number of multinationals.

    Cedar Rose therefore becomes Coface’s information provider in the region, for both credit insurance and Information Services sales. All Coface’s customers will benefit from enhanced Coface data.

    This external growth operation will enable Coface to further strengthen its information production capabilities in areas where information is not readily available. This acquisition aligns perfectly with the objectives of Power the Core ‘s strategic plan, which notably focuses on data excellence.

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    MEDIA RELATIONS
    Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
    Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)
    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2024 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

    Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is quoted in Compartment A of Euronext Paris
    Code ISIN: FR0010667147 / Ticker: COFA

    DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2024 Universal Registration Document filed with AMF on 5 April 2024 under the number D.25-0227 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

    Attachment

    • 2025 07 02 PR Coface finalises the acquisition of Cedar Rose Group

    The MIL Network –

    July 3, 2025

  • MIL-OSI: Coface SA: Half-year statement of the liquidity agreement of COFACE SA with ODDO BHF

    Source: GlobeNewswire (MIL-OSI)

    COFACE SA: Half-year statement of the liquidity agreement of COFACE SA with ODDO BHF

    Paris, 2ndJuly 2025 – 17.45

    Pursuant to Regulation (EU) No 596/2014 of 16 April 2014 on market abuse1

    As per the liquidity contract granted by COFACE SA to ODDO BHF on COFACE SA shares (Code ISIN FR0010667147), the following assets appeared on the liquidity account as at 30 June 2025:

    • 96,102 COFACE SA shares
    • 3,219,337.8 Euros

    As a reminder, on the date of signature of the contract, the following resources appeared in the dedicated liquidity account:

    • 76,542 COFACE SA shares
    • 2,171,235.7 Euros

    During the period from 01/01/2025 to 30/06/2025 were executed:

    • Buy transactions: 3,609
    • Sell transactions: 4,472

    During the same period, the traded volumes represented:

    • Buy transactions: 1,296,346 shares for 21,218,654.8 Euros
    • Sell transactions: 1,399,811 shares for 22,916,282.9 Euros

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    MEDIA RELATIONS
    Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
    Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)
    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2024 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

    Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is quoted in Compartment A of Euronext Paris
    Code ISIN: FR0010667147 / Ticker: COFA

    DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2024 Universal Registration Document filed with AMF on 3 April 2025 under the number D.25-0227 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

    1 Also in pursuant to articles L. 225-209 and following of the French Commercial Code; the provisions of the General Regulations of the French Market Regulator (AMF) and the AMF decision No.2011-07 (March 21st, 2011), updating the accepted market practices on liquidity agreements.

    Attachment

    • 2025 06 30 PR Half year declaration Liquidity agreement

    The MIL Network –

    July 3, 2025

  • MIL-OSI: Crypto & Bitcoin Casinos: Reddit Community Reveals The Safe Crypto Casinos in 2025

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 02, 2025 (GLOBE NEWSWIRE) —  All iGaming’s explosive new report dives into the red-hot rise of crypto casinos, flipping the iGaming world upside down! Fueled by blockchain and powered by cryptocurrencies like Bitcoin, Ethereum, and Tether, top crypto casinos deliver lightning-fast transactions, privacy, and game-changing features like provably fair gaming and immersive virtual reality.

    Get the inside scoop on the trends supercharging the best Bitcoin casinos, see how they stack up against traditional casinos, and learn how to play responsibly. Our report breaks down market shifts, predicts the future of crypto gambling, and guides you to the ultimate crypto casinos for a safe, pulse-pounding experience in 2025!

    CHECK OUT TOP CRYPTO CASINO – EXCLUSIVE RESEARCH INSIGHTS AWAIT<<

    Trends in the Crypto Casino Market

    All iGaming’s meticulous research highlights the best crypto casinos as a transformative force in the iGaming industry, driven by technological innovation and evolving player preferences. Their analysis, based on 3,000 platform evaluations and 60,000 player interactions, identifies six key trends reshaping the market.

    Key Trends Identified by All iGaming

    1. Lightning-Fast Transactions: All iGaming’s data shows that crypto casinos process deposits and withdrawals in under 10 minutes, with top platforms achieving sub-minute transaction times. This is a stark contrast to traditional casinos, which often require 24–72 hours for withdrawals due to banking intermediaries. Blockchain’s decentralized ledger eliminates delays, ensuring players can access funds swiftly.
    2. Expansive Game Libraries: All iGaming reports that leading top crypto casinos offer over 9,000 game titles, including slots, table games (e.g., blackjack, roulette), live dealer options, and provably fair games unique to blockchain platforms. Providers like Pragmatic Play, Evolution Gaming, and NetEnt contribute to diverse catalogs, surpassing traditional casinos’ typical 3,000–5,000 titles.
    3. Enhanced Privacy and No-KYC Options: All iGaming’s community polls reveal that 68% of players value privacy, driving demand for no-KYC (Know Your Customer) or low-KYC platforms. These casinos use blockchain to ensure secure, anonymous transactions, appealing to players in regions with restrictive gambling laws.
    4. AI and VR Integration: All iGaming’s platform assessments note that artificial intelligence (AI) personalizes game recommendations and bonus offers based on player behavior, while VR creates immersive environments, such as virtual poker rooms where players interact via avatars, replicating land-based casino dynamics.
    5. Stablecoin and NFT Integration: All iGaming highlights the adoption of stablecoins like USDT and USDC, which mitigate cryptocurrency volatility, making gambling more accessible. Additionally, some platforms integrate non-fungible tokens (NFTs) and play-to-earn models, allowing players to earn digital assets, blending gaming with investment opportunities.
    6. Decentralized Platforms and Smart Contracts: All iGaming’s research confirms that Web3 casinos, built on blockchains like Ethereum and Solana, use smart contracts for automated, transparent payouts. These contracts ensure fairness by allowing players to verify game outcomes, a feature absent in traditional casinos.

    These trends, identified by All iGaming, position crypto casinos as leaders in innovation, offering unparalleled speed, variety, and transparency.

    CLOSE LOOK ON TOP-PERFORMING CRYPTO CASINO<<

    All iGaming’s Research Methodology

    All iGaming’s authoritative insights stem from a robust, multi-faceted research methodology outlined in their June 2025 report. Their approach ensures a comprehensive understanding of the crypto casino landscape:

    • Player Engagements: All iGaming analyzed 60,000+ player interactions across global forums, social media, and iGaming communities to capture preferences, pain points, and satisfaction metrics. This qualitative data provides insights into why players prefer crypto casinos.
    • Platform Assessments: All iGaming evaluated 3,000+ crypto casino platforms, focusing on game diversity, transaction speeds, security protocols, user interfaces, and reward structures. Their assessments include both established and emerging platforms.
    • Community Polls: All iGaming conducted 1,000+ surveys targeting players in 50 markets, gathering quantitative data on adoption rates, platform reliability, and player priorities like privacy and speed.
    • Market Analysis: All iGaming’s studies span 50 global markets, including North America, Europe, Asia, and emerging regions like Latin America, ensuring a holistic view of regional trends and regulatory impacts.

    This methodology, combining qualitative and quantitative data, underpins All iGaming’s finding that best crypto casinos exhibit a 350% higher growth rate than traditional online casinos, driven by superior technology and player-centric features.

    >>ACCESS ALL IGAMING’S EXCLUSIVE CRYPTO CASINO DATA

    Performance Analysis: Crypto Casinos vs. Traditional Casinos

    All iGaming’s research provides a detailed comparison of the best crypto casinos and traditional online casinos across key performance metrics, highlighting the former’s dominance.

    Transaction Speed

    All iGaming’s platform assessments reveal that crypto casinos process transactions 15 times faster than their traditional counterparts. Deposits are often instant, and withdrawals take 2–8 minutes, compared to 24–72 hours for traditional casinos reliant on banking systems. Blockchain’s decentralized infrastructure eliminates intermediaries, ensuring efficiency.

    Game Variety

    All iGaming’s data shows the best crypto casinos offer expansive catalogs, with top platforms boasting over 8,000 titles, including 500+ live dealer games and provably fair options. Traditional casinos, constrained by legacy systems, typically provide 3,000–5,000 titles, limiting player choice.

    Player Satisfaction

    All iGaming’s player engagement studies report a 94% satisfaction rate for crypto casino users, attributed to dynamic rewards (e.g., up to 600 free spins or 5 BTC welcome bonuses), provably fair games, and robust security measures like SSL encryption and two-factor authentication (2FA). Traditional casinos, while reliable, score lower at 82% due to slower innovation.

    Growth Metrics

    All iGaming projects that crypto casinos will capture 47% of the $153.57 billion global online gambling market by 2027, driven by a 350% higher growth rate. The overall market, valued at $78.66 billion in 2024, is expected to grow at a CAGR of 11.8%, with best crypto casinos as a primary driver.

    Security and Transparency

    All iGaming’s research confirms that blockchain’s decentralized ledger ensures tamper-proof transactions, giving top crypto casinos an edge over traditional platforms, which face risks like fraud and data breaches due to centralized systems.

    >>GET THE FULL PERFORMANCE BREAKDOWN – ACCESS ALL IGAMING’S 2025 REPORT<<

    Responsible Gambling Practices

    All iGaming’s research emphasizes the importance of responsible gambling, particularly in the high-stakes world of best crypto casinos. Their studies highlight practices that allow players to engage with the iGaming ecosystem safely without active wagering:

    • Research and Education: All iGaming’s resources, including guides and platform reviews, educate players on casino features, licensing, and risks. These tools enable informed decision-making without financial commitment.
    • Demo Modes: All iGaming notes that 85% of top crypto casinos offer free-play versions of games like slots, blackjack, and roulette, allowing players to explore mechanics and strategies risk-free.
    • Setting Limits: All iGaming’s platform evaluations highlight tools like deposit limits, session timers, and loss caps, which players can set proactively to manage potential spending.
    • Accessing Support: All iGaming recommends platforms that link to organizations like Gamblers Anonymous or BeGambleAware, enabling players to seek preemptive support for maintaining healthy habits.
    • Regulatory Awareness: All iGaming advises players to verify local gambling laws, as regulations vary. For example, jurisdictions like Malta permit offshore crypto casinos, while others, like the UK, impose stricter controls. VPNs may enable access in restricted regions, but compliance is critical.

    These practices, endorsed by All iGaming, ensure players can explore the best crypto casinos safely and responsibly.

    Market Dynamics According to All-iGaming

    All iGaming’s market analysis reveals the forces driving the iGaming industry’s evolution, with crypto casinos at the forefront:

    • Technological Advancements: All iGaming’s research highlights blockchain, AI, and VR as transformative technologies. Smart contracts ensure fair play, AI personalizes experiences (e.g., tailored bonuses), and VR creates immersive environments, boosting engagement.
    • Regulatory Landscape: All iGaming notes that crypto-friendly jurisdictions like Malta, Curaçao, and Panama offer flexible licensing, fostering growth. Conversely, stricter regulations in the UK and parts of the US create challenges, though legalization in states like New Jersey generates significant revenue.
    • Consumer Behavior: All iGaming’s polls show that 62% of US iGamers aged 18–34 prefer crypto casinos for their privacy, high betting limits, and innovative features. High rollers and privacy-conscious players are key demographics.
    • Economic Factors: All iGaming links rising disposable incomes, global tourism, and the post-COVID shift to online platforms with increased crypto casino adoption. The pandemic accelerated the closure of physical casinos, boosting digital alternatives.

    Future Outlook By All-iGaming Experts

    All iGaming’s forward-looking research predicts a transformative future for the best crypto casinos, with key developments by 2030:

    • Market Expansion: All iGaming forecasts a $55.3 billion crypto casino market by 2032, capturing 47% of the global online gambling market by 2027, driven by a 27.29% CAGR.
    • Technological Integration: All iGaming expects AI-driven personalization, VR gaming, and blockchain-based loyalty programs to become industry standards, enhancing player retention and engagement.
    • Regulatory Evolution: All iGaming anticipates that as cryptocurrencies gain mainstream acceptance, regulators will develop frameworks balancing innovation and consumer protection. Malta and Curaçao will remain crypto-friendly hubs.
    • Sustainability: All iGaming highlights growing concerns about blockchain’s energy consumption, predicting a shift toward eco-friendly solutions like proof-of-stake protocols to align with industry sustainability trends.
    • Web3 and DeFi: All iGaming predicts that decentralized finance (DeFi) and NFT integration will introduce new revenue streams, such as staking and yield farming, merging gaming with financial opportunities.

    All iGaming’s insights suggest best crypto casinos will dominate, compelling traditional operators to adopt blockchain technologies to stay competitive.

    CHECK OUT THE BEST CRYPTO CASINO WITH GAME-CHANGING PAYMENT OPTIONS!>>

    Selecting Top Crypto Casinos

    All iGaming’s expert recommendations provide a detailed framework for choosing reputable crypto casinos, ensuring safety, fairness, and enjoyment:

    1. Licensing and Regulation: All iGaming advises selecting platforms licensed by reputable jurisdictions like the Malta Gaming Authority, Curaçao eGaming, or Panama. Licensed casinos adhere to strict standards, ensuring fair play and fraud protection.
    2. Security Measures: All iGaming recommends platforms with SSL encryption, 2FA, and regular audits. Blockchain-based casinos should use decentralized ledgers for transparent transactions, as verified in All iGaming’s assessments.
    3. Game Variety: All iGaming suggests choosing casinos with 8,000+ titles, including slots, live dealer games, and provably fair options, from providers like Evolution Gaming, Pragmatic Play, and NetEnt.
    4. Transaction Speed and Fees: All iGaming highlights platforms with sub-10-minute withdrawals and zero-fee crypto transactions. Support for stablecoins like USDT minimizes volatility risks.
    5. Bonuses and Rewards: All iGaming recommends casinos offering transparent bonuses, such as 600 free spins or 5 BTC welcome packages, with clear, reasonable wagering requirements (e.g., 30x or lower).
    6. User Experience: All iGaming prioritizes platforms with intuitive interfaces, mobile compatibility (iOS and Android apps), and 24/7 customer support via live chat or email. AI-driven features and VR options enhance engagement.
    7. Responsible Gambling Tools: All iGaming endorses casinos with deposit limits, session timers, self-exclusion options, and links to support organizations like Gamblers Anonymous.
    8. Community Feedback: All iGaming advises reviewing player feedback on forums and their platform ratings to ensure reliability and satisfaction.

    By following All iGaming’s criteria, players can select the best crypto casinos that align with their preferences and local regulations.

    Conclusion

     All iGaming’s findings highlight responsible gambling practices, such as demo modes and deposit limits, ensuring safe exploration. Market dynamics, including technological advancements and regulatory shifts, drive the projected $55.3 billion market by 2032. By adhering to All iGaming’s guidelines—prioritizing licensing, security, game variety, and responsible tools—players can confidently navigate the crypto casino landscape, ensuring a rewarding, secure, and responsible gaming experience.

    Disclaimer: This article is for educational purposes. Online gambling carries financial risks and may be restricted in some regions. Verify local laws and gamble responsibly.

    Email:support@alligaming.com

    Attachment

    • All-Igaming

    The MIL Network –

    July 3, 2025

  • MIL-OSI: Crypto & Bitcoin Casinos: Reddit Community Reveals The Safe Crypto Casinos in 2025

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 02, 2025 (GLOBE NEWSWIRE) —  All iGaming’s explosive new report dives into the red-hot rise of crypto casinos, flipping the iGaming world upside down! Fueled by blockchain and powered by cryptocurrencies like Bitcoin, Ethereum, and Tether, top crypto casinos deliver lightning-fast transactions, privacy, and game-changing features like provably fair gaming and immersive virtual reality.

    Get the inside scoop on the trends supercharging the best Bitcoin casinos, see how they stack up against traditional casinos, and learn how to play responsibly. Our report breaks down market shifts, predicts the future of crypto gambling, and guides you to the ultimate crypto casinos for a safe, pulse-pounding experience in 2025!

    CHECK OUT TOP CRYPTO CASINO – EXCLUSIVE RESEARCH INSIGHTS AWAIT<<

    Trends in the Crypto Casino Market

    All iGaming’s meticulous research highlights the best crypto casinos as a transformative force in the iGaming industry, driven by technological innovation and evolving player preferences. Their analysis, based on 3,000 platform evaluations and 60,000 player interactions, identifies six key trends reshaping the market.

    Key Trends Identified by All iGaming

    1. Lightning-Fast Transactions: All iGaming’s data shows that crypto casinos process deposits and withdrawals in under 10 minutes, with top platforms achieving sub-minute transaction times. This is a stark contrast to traditional casinos, which often require 24–72 hours for withdrawals due to banking intermediaries. Blockchain’s decentralized ledger eliminates delays, ensuring players can access funds swiftly.
    2. Expansive Game Libraries: All iGaming reports that leading top crypto casinos offer over 9,000 game titles, including slots, table games (e.g., blackjack, roulette), live dealer options, and provably fair games unique to blockchain platforms. Providers like Pragmatic Play, Evolution Gaming, and NetEnt contribute to diverse catalogs, surpassing traditional casinos’ typical 3,000–5,000 titles.
    3. Enhanced Privacy and No-KYC Options: All iGaming’s community polls reveal that 68% of players value privacy, driving demand for no-KYC (Know Your Customer) or low-KYC platforms. These casinos use blockchain to ensure secure, anonymous transactions, appealing to players in regions with restrictive gambling laws.
    4. AI and VR Integration: All iGaming’s platform assessments note that artificial intelligence (AI) personalizes game recommendations and bonus offers based on player behavior, while VR creates immersive environments, such as virtual poker rooms where players interact via avatars, replicating land-based casino dynamics.
    5. Stablecoin and NFT Integration: All iGaming highlights the adoption of stablecoins like USDT and USDC, which mitigate cryptocurrency volatility, making gambling more accessible. Additionally, some platforms integrate non-fungible tokens (NFTs) and play-to-earn models, allowing players to earn digital assets, blending gaming with investment opportunities.
    6. Decentralized Platforms and Smart Contracts: All iGaming’s research confirms that Web3 casinos, built on blockchains like Ethereum and Solana, use smart contracts for automated, transparent payouts. These contracts ensure fairness by allowing players to verify game outcomes, a feature absent in traditional casinos.

    These trends, identified by All iGaming, position crypto casinos as leaders in innovation, offering unparalleled speed, variety, and transparency.

    CLOSE LOOK ON TOP-PERFORMING CRYPTO CASINO<<

    All iGaming’s Research Methodology

    All iGaming’s authoritative insights stem from a robust, multi-faceted research methodology outlined in their June 2025 report. Their approach ensures a comprehensive understanding of the crypto casino landscape:

    • Player Engagements: All iGaming analyzed 60,000+ player interactions across global forums, social media, and iGaming communities to capture preferences, pain points, and satisfaction metrics. This qualitative data provides insights into why players prefer crypto casinos.
    • Platform Assessments: All iGaming evaluated 3,000+ crypto casino platforms, focusing on game diversity, transaction speeds, security protocols, user interfaces, and reward structures. Their assessments include both established and emerging platforms.
    • Community Polls: All iGaming conducted 1,000+ surveys targeting players in 50 markets, gathering quantitative data on adoption rates, platform reliability, and player priorities like privacy and speed.
    • Market Analysis: All iGaming’s studies span 50 global markets, including North America, Europe, Asia, and emerging regions like Latin America, ensuring a holistic view of regional trends and regulatory impacts.

    This methodology, combining qualitative and quantitative data, underpins All iGaming’s finding that best crypto casinos exhibit a 350% higher growth rate than traditional online casinos, driven by superior technology and player-centric features.

    >>ACCESS ALL IGAMING’S EXCLUSIVE CRYPTO CASINO DATA

    Performance Analysis: Crypto Casinos vs. Traditional Casinos

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    Growth Metrics

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    Market Dynamics According to All-iGaming

    All iGaming’s market analysis reveals the forces driving the iGaming industry’s evolution, with crypto casinos at the forefront:

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    Future Outlook By All-iGaming Experts

    All iGaming’s forward-looking research predicts a transformative future for the best crypto casinos, with key developments by 2030:

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    Selecting Top Crypto Casinos

    All iGaming’s expert recommendations provide a detailed framework for choosing reputable crypto casinos, ensuring safety, fairness, and enjoyment:

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    3. Game Variety: All iGaming suggests choosing casinos with 8,000+ titles, including slots, live dealer games, and provably fair options, from providers like Evolution Gaming, Pragmatic Play, and NetEnt.
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    Conclusion

     All iGaming’s findings highlight responsible gambling practices, such as demo modes and deposit limits, ensuring safe exploration. Market dynamics, including technological advancements and regulatory shifts, drive the projected $55.3 billion market by 2032. By adhering to All iGaming’s guidelines—prioritizing licensing, security, game variety, and responsible tools—players can confidently navigate the crypto casino landscape, ensuring a rewarding, secure, and responsible gaming experience.

    Disclaimer: This article is for educational purposes. Online gambling carries financial risks and may be restricted in some regions. Verify local laws and gamble responsibly.

    Email:support@alligaming.com

    Attachment

    • All-Igaming

    The MIL Network –

    July 3, 2025

  • MIL-OSI USA: Governor Ivey Honors Alabama Manufacturers on ‘Made in the USA’ Day

    Source: US State of Alabama

    MONTGOMERY — In recognition of National “Made in the USA” Day on July 2, 2025, Governor Kay Ivey today signed a formal proclamation celebrating Alabama’s manufacturing community and its critical role in driving economic growth across the state.

    “On this ‘Made in the USA’ Day, we proudly salute the hardworking Alabamians who make our state a true manufacturing powerhouse,” said Governor Ivey. “Alabama ranks among the top five states for manufacturing job concentration, and that’s the result of strong partnerships, innovative thinking and a tireless commitment to quality.”

    Manufacturing accounts for nearly 16% of Alabama’s Gross Domestic Product, with economic output exceeding $50 billion last year, according to data from the National Association of Manufacturers industry group.

    The sector includes a broad range of industries, from automotive and aerospace to metals and kitchen appliances. It supports more than 290,000 jobs across all regions of Alabama.

    Governor Ivey emphasized the continued focus of her Administration on strengthening this vital sector, which encompasses more than 4,000 enterprises across the state.

    “We’re building for the future — through workforce training programs, infrastructure investment and a pro-growth business climate that attracts world-class companies to Alabama,” said Governor Ivey. “These efforts are paying off in the form of new jobs, rising wages and thriving communities.”

    Alabama Department of Commerce Secretary Ellen McNair echoed the governor’s message, noting the strategic importance of manufacturing in the state’s long-term economic development goals.

    “From motor vehicles and rockets to aircraft and steel, Alabama manufacturers are producing the goods that move the world,” said Secretary McNair. “This sector fuels innovation and opportunity across our state, and we are deeply committed to supporting its continued success.”

    The Alabama Department of Commerce has played a key role in facilitating the state’s manufacturing momentum through initiatives like the Catalyst strategic plan, the Alabama Development Fund and other initiatives— all designed to accelerate job creation, upskill the workforce and open new opportunities in rural and urban areas alike.

    Manufactured goods from Alabama are sold across the world, driving exports from the state to exceed $26.8 billion in value during 2024, the second highest annual figure. Motor vehicles are the state’s top export category, and Alabama ranks as the nation’s No. 2 auto-exporting state.

    Manufacturing jobs in Alabama also provide for a good living. According to the National Association of Manufacturers, average annual wages in Alabama’s manufacturing sector exceed $85,000.

    “Manufacturing remains the backbone of Alabama’s economy, and our industry is powered by the incredible men and women who show up every day to make world-class products,” said Manufacture Alabama President and CEO Jon Bargainer.

    “Thanks to Governor Ivey’s leadership and the strength of our workforce, the industry continues to thrive, contributing positively to both urban and rural communities throughout our state,” added Bargainer. “Manufacturers offer some of the most meaningful careers that support Alabama’s families and secure a prosperous future.”

    ###

    MIL OSI USA News –

    July 3, 2025

  • MIL-OSI Russia: IMF Staff Completes 2025 Article IV Mission with Nigeria

    Source: IMF – News in Russian

    July 2, 2025

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Nigeria.1

    The Nigerian authorities have implemented major reforms over the past two years which have improved macroeconomic stability and enhanced resilience. The authorities have removed costly fuel subsidies, stopped monetary financing of the fiscal deficit and improved the functioning of the foreign exchange market. Investor confidence has strengthened, helping Nigeria successfully tap the Eurobond market and leading to a resumption of portfolio inflows. At the same time, poverty and food insecurity have risen, and the government is now focused on raising growth.

    Growth accelerated to 3.4 percent in 2024, driven mainly by increased hydrocarbon output and vibrant services sector. Agriculture remained subdued, owing to security challenges and sliding productivity. Real GDP is expected to expand by 3.4 percent in 2025, supported by the new domestic refinery, higher oil production and robust services. Against a complex and uncertain external environment, medium-term growth is projected to hover around 3½ percent, supported by domestic reform gains.

    Gross and net international reserves increased in 2024, with a strong current account surplus and improved portfolio inflows. Reforms to the fx market and foreign exchange interventions have brought stability to the naira.

    Naira stabilization and improvements in food production brought inflation to 23.7 percent year-on-year in April 2025 from 31 percent annual average in 2024 in the backcasted rebased CPI index released by the Nigerian Bureau of Statistics. Inflation should decline further in the medium-term with continued tight macroeconomic policies and a projected easing of retail fuel prices.

    Fiscal performance improved in 2024. Revenues benefited from naira depreciation, enhanced revenue administration and higher grants, which more-than-offset rising interest and overheads spending.

    Downside risks have increased with heightened global uncertainty. A further decline in oil prices or increase in financing costs would adversely affect growth, fiscal and external positions, undermine financial stability and exacerbate exchange rate pressures. A deterioration of security could impact growth and food insecurity.

    Executive Board Assessment2

    Executive Directors agreed with the thrust of the staff appraisal. They commended the authorities on the successful implementation of significant reforms during the past two years and welcomed the associated gains in macroeconomic stability and resilience. As these gains have yet to benefit all Nigerians, and with heightened economic uncertainty and significant downside risks, Directors emphasized the importance of agile policy making to safeguard and enhance macroeconomic stability, creating enabling conditions to boost growth, and reducing poverty.

    Directors agreed that the Central Bank of Nigeria is appropriately maintaining a tight monetary policy stance, which should continue until disinflation becomes entrenched. They welcomed the discontinuation of deficit monetization and ongoing efforts to strengthen central bank governance to set the institutional foundation for inflation targeting. Directors also welcomed steps taken by the authorities to build reserves and support market confidence and praised reforms to the foreign exchange market that supported price discovery and liquidity. They called for implementation of a robust foreign exchange intervention framework focused on containing excess volatility, stressing that the exchange rate is an important shock absorber. Directors also agreed with staff’s call to phase out existing capital flow management measures in a properly timed and sequenced manner.

    Directors called for a neutral fiscal stance to safeguard macroeconomic stabilization with priority given to investments that enhance growth. Directors also called for accelerating the delivery of cash transfers to assist the poor. They commended the authorities on advancing the tax reform bill, an important step towards enhancing revenue mobilization and creating fiscal space for development spending, while preserving debt sustainability.

    Directors recognized actions to strengthen the banking system, including the ongoing process of increasing banks’ minimum capital. They welcomed the authorities’ efforts to boost financial inclusion and promote capital market development, while emphasizing the importance of moving to a robust risk‑based supervision for mortgage and consumer lending schemes as well as the fintech and crypto sectors. Directors welcomed progress made in strengthening the AML/CFT framework and stressed the importance of resolving remaining weaknesses to exit the FATF grey list.

    To lift Nigeria’s growth outlook, improve food security, and reduce fragility, Directors highlighted the importance of tackling security, red tape, agricultural productivity, infrastructure gaps, including boosting electricity supply, as well as improved health and education spending, and making the economy more resilient to climate events. They noted that addressing structural impediments to private credit extension is also needed to support growth. Directors welcomed the IMF’s capacity development to support authorities’ reform efforts and agreed that enhancing data quality is critical for sound, data‑driven policymaking.

    Table 1. Nigeria: Selected Economic and Financial Indicators, 2023–26

    2023

    2024

    2025

    2026

    5/8/2025 13:03

    Act.

    Est.

    Proj.

    Proj.

     National income and prices

    Annual percentage change

    (unless otherwise specified)

    Real GDP (at 2010 market prices)

    2.9

    3.4

    3.4

    3.2

    Oil GDP

    -2.2

    5.5

    4.9

    2.3

    Non-oil GDP

    3.2

    3.3

    3.3

    3.3

    Non-oil non-agriculture GDP

    3.9

    4.1

    3.7

    3.7

    Production of crude oil (million barrels per day)

    1.5

    1.5

    1.7

    1.7

    Nominal GDP at market prices (trillions of naira)

    234

    277

    320

    367

    Nominal non-oil GDP (trillions of naira)

    221

    260

    303

    351

    Nominal GDP per capita (US$)

    1,597

    806

    836

    887

    GDP deflator

    12.6

    14.5

    11.4

    11.4

    Consumer price index (annual average)

    24.7

    31.4

    24.0

    23.0

    Consumer price index (end of period)

    28.9

    15.4

    23.0

    18.0

    Investment and savings

    Percent of GDP

    Gross national savings

    31.8

    39.6

    37.5

    37.7

    Public

    -0.1

    3.9

    2.2

    1.7

    Private

    31.9

    35.7

    35.3

    36.1

    Investment

    30.0

    30.4

    30.5

    33.1

    Public

    3.2

    4.8

    5.4

    5.5

    Private

    26.8

    25.6

    25.1

    27.6

    Consolidated government operations

    Percent of GDP

    Total revenues and grants

    9.8

    14.4

    14.2

    13.8

    Of which: oil and gas revenue

    3.3

    4.1

    5.1

    4.9

    Of which: non-oil revenue

    5.8

    9.2

    8.8

    8.8

    Total expenditure and net lending

    13.9

    17.1

    18.9

    18.7

    Overall balance

    -4.2

    -2.6

    -4.7

    -4.9

    Non-oil primary balance

    -4.9

    -4.9

    -7.2

    -6.9

    Public gross debt1

    48.7

    52.9

    52.0

    50.8

    Of which: FX denominated debt

    18.1

    25.5

    25.8

    24.8

    FGN interest payments (percent of FGN revenue)

    83.8

    41.1

    47.3

    49.2

    Money and credit

    Contribution to broad money growth
    (unless otherwise specified)

    Broad money (percent change; end of period)

    51.9

    42.7

    17.9

    22.3

    Net foreign assets

    10.5

    30.4

    2.1

    7.2

    Net domestic assets

    41.3

    12.3

    15.8

    15.1

         Of which: Claims on consolidated government

    20.1

    -11.9

    6.2

    4.1

    Credit to the private sector (y/y, percent)

    53.6

    30.1

    17.9

    18.2

    Velocity of broad money (ratio; end of period)

    2.7

    3.3

    2.2

    2.1

    External sector

    Annual percentage change

    (unless otherwise specified)

    Current account balance (percent of GDP)

    1.8

    9.2

    7.0

    4.6

    Exports of goods and services

    -12.8

    -4.5

    -6.0

    1.3

    Imports of goods and services

    -4.4

    -0.8

    -6.8

    8.4

    Terms of trade

    -6.1

    -0.6

    -7.4

    -3.3

    Price of Nigerian oil (US$ per barrel)

    82.3

    79.9

    67.7

    63.3

    External debt outstanding (US$ billions)2

    102.9

    102.2

    105.9

    110.2

    Gross international reserves (US$ billions, CBN definition)3

    33.2

    40.2

    36.4

    39.1

    Equivalent months of prospective imports of G&S

    5.4

    5.7

    7.5

    7.7

    Memorandum items:

      Implicit fuel subsidy (percent of GDP)

    0.8

    2.1

    0.0

    0.0

    Sources: Nigerian authorities; and IMF staff estimates and projections.

    1 Gross debt figures for the Federal Government and the public sector include overdrafts from the Central Bank of Nigeria (CBN).

    		                                        

    2 Includes both public and private sector.

    		                                        

    3 Based on the IMF definition, the gross international reserves were US$8 billion

     lower in December 2024.
                                                               

    1 Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. Staff hold separate annual discussions with the regional institutions responsible for common policies in four currency unions—the Euro Area, the Eastern Caribbean Currency Union, the Central African Economic and Monetary Union, and the West African Economic and Monetary Union. For each of the currency unions, staff teams visit the regional institutions responsible for common policies in the currency union, collects economic and financial information, and discusses with officials the currency union’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis of discussion by the Executive Board. Both staff’s discussions with the regional institutions and the Board discussion of the annual staff report will be considered an integral part of the Article IV consultation with each member.

    2 At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summings up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm. The Executive Board takes decisions under its lapse-of-time procedure when the Board agrees that a proposal can be considered without convening formal discussions.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Julie Ziegler

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2025/07/01/pr-25231-nigeria-imf-staff-completes-2025-article-iv-mission

    MIL OSI

    MIL OSI Russia News –

    July 3, 2025

  • MIL-OSI USA: Huffman, Pallone, Castor, Padilla, Booker, Reed Lead Charge to Block Trump’s Dangerous Offshore Drilling Plan

    Source: United States House of Representatives – Congressman Jared Huffman Representing the 2nd District of California

    June 16, 2025

    Washington, D.C. – Today, U.S. House Natural Resources Committee Ranking Member Jared Huffman (D-Calif.), U.S. House Energy and Commerce Ranking Member Frank Pallone (D-N.J.), Rep. Kathy Castor (D-Fla.), Senator Alex Padilla (D-Calif.), Senator Cory Booker (D-N.J.), and Senator Jack Reed (D-R.I.) along with 40 Democratic Colleagues in the House and Senate submitted formal comments to the Bureau of Ocean Energy Management (BOEM), opposing any new or expanded offshore oil and gas leasing in the Trump administration’s proposed updates to the Outer Continental Shelf (OCS) oil and gas leasing program. 

    In their letter to Interior Secretary Doug Burgum, the lawmakers warned that more offshore drilling would threaten our national security, coastal communities, marine life, and local economies – all while handing more giveaways to an industry already sitting on millions of acres of unused leases. They urged the agency to exclude any new leasing in the final program. 

    “New or expanded oil and gas leasing poses risks to the health and livelihoods of our constituents, jeopardizes our tourism, fishing, and recreational economies, and threatens the marine life that inhabits our coastlines” the members wrote. “New, unnecessary lease sales will lock in decades more of pollution and climate impacts from an industry that already holds more than 2,000 offshore leases covering more than 12 million acres of federal water, of which only 469 leases are currently producing oil and gas. The United States is already the number one producer of oil and gas in the world. There is no need for increased leasing, especially when oil and gas companies continue to impose environmental and climate consequences, public health risks, and billions of dollars in cleanup costs on the American people.”

    Members also reminded the Secretary of the long-standing legal restrictions that prevent the administration from offering lease sales in protected areas. 

    “We remind the agency that it cannot offer sales in areas permanently protected under Section 12(a) of OCSLA, including areas off the Atlantic coast, the Pacific off the coast of California, Oregon, and Washington, the Eastern Gulf of Mexico, and portions of the Artic Ocean, including the Beaufort Sea and Chukchi Sea planning areas. In 2017, during his first term, President Trump attempted to reverse President Obama’s Arctic and Atlantic withdrawals, but Judge Sharon Gleason for the District Court of Alaska determined that Section 12(a) does not give the president authority to revoke prior withdrawals. President Trump does not have the authority to reverse the Obama and Biden withdrawals, and his Executive Order of January 2025, which attempts to do so, is unlawful.”

    During his first term, the Trump administration proposed 47 lease sales over five years, covering nearly every U.S. coastline. Fortunately, this program was never finalized due to litigation and strong bipartisan opposition. But now, with the Biden administration’s leasing plan under review and Secretary Burgum signaling that protections may be on the chopping block, lawmakers are raising the alarm once again.

    At a budget hearing last week, Secretary Burgum refused to commit to protecting Florida’s Gulf Coast from new oil and gas leasing, saying only that “the administration may be considering opportunities.” This region has long been protected by both bipartisan legislation and administrative withdrawals – protections that are now under threat. 

    Read the full letter here. 

    Next Article Previous Article

    MIL OSI USA News –

    July 3, 2025

  • MIL-OSI: AONDevices and H&S HighTech Forge Strategic Alliance to Expand Super-Low-Power, Always-On Edge AI Globally

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif. and DAEJEON, South Korea, July 02, 2025 (GLOBE NEWSWIRE) — AONDevices, Inc., a pioneer in super-low-power, always-on edge AI technology, and H&S HighTech Corp., a global leader in semiconductor and electronics distribution, today announced a strategic alliance aimed at accelerating the worldwide adoption of next-generation always-on AI solutions. As part of the partnership, H&S HighTech has made a strategic investment in AONDevices and will serve as its preferred distributor and strategic partner across Korea and select international markets.

    Smarter Devices, Powered by Always-On, Super-Low-Power AI
    From TV remotes and smart wearables to connected health monitors and industrial sensors, the demand for embedded, always-on intelligence is growing rapidly. Yet most processors fall short when it comes to delivering real-time responsiveness without draining battery life. AONDevices addresses this challenge head-on with highly efficient AI processors built for sub-milliwatt, always-on operation – delivering best-in-class accuracy at ultra-low power.

    Target Devices and Markets

    • Consumer & Personal Electronics: TV remotes, headsets, smart home appliances, wearables, and security systems
    • Mobility, Health & Industrial Monitoring: Automotive systems, industrial sensors, and connected health monitors

    Always-On Edge AI Example Use Cases Include:

    • Wake word and voice command recognition
    • Acoustic event and scene detection (AED/ASD)
    • Gesture and activity recognition
    • Environmental sensing and contextual awareness
    • Speaker identification
    • Multi-modal sensor fusion

    Flexible, Future-Ready AI Architecture
    The AONDevices platform is built for modern edge applications that demand real-time performance, ultra-low power, and data privacy. Supporting both fully offline and hybrid edge plus cloud deployments, the architecture enables secure, always-on experiences in devices that need to operate continuously – on a single battery charge.

    “This partnership with H&S HighTech marks a significant step in AONDevices’ global growth strategy,” said Mouna Elkhatib, CEO of AONDevices. “We’re excited to combine our cutting-edge always-on edge AI technology with H&S HighTech’s market strength to deliver smarter, more efficient devices to customers worldwide.”

    “We believe AONDevices is redefining what’s possible with always-on edge AI,” said Kim Jung-hee, CEO of H&S HighTech. “Their ultra-low-power capabilities are exactly what our customers need to enable intelligent, next-generation devices across industries.”

    Why AONDevices Stands Out

    • Industry-Leading Power Efficiency: For always-on AI applications
    • High Accuracy with Tiny Footprint: Neural networks under 50KB
    • End-to-End AI Enablement: Hardware plus software plus deployment tools
    • Sensor Fusion: Audio, motion, environmental sensing
    • Flexible Engagement Model: Customizable for OEMs
    • Momentum with Tier-1 OEMs: Across multiple markets

    About H&S HighTech
    H&S HighTech is a global leader in high-performance electronic components and semiconductor distribution, with expertise spanning semiconductors, display technology, and electronic packaging. Notably, it is the No. 1 manufacturer in Korea for ACF (Anisotropic Conductive Film), crystals, and oscillators – offering optimized solutions for next-generation AI and machine learning applications. By consistently delivering cutting-edge products and services worldwide, H&S HighTech continues to invest in and collaborate on innovative technologies to drive the future of the electronics and semiconductor industry as a strategic partner, rather than a mere supplier.

    For more information, visit: www.hnshightech.com

    About AONDevices
    AONDevices, Inc. is a leader in ultra-low-power, high-accuracy edge AI solutions, redefining what is possible in always-on, battery-operated devices. Harnessing innovative chip architectures, lightweight neural networks, and RISC-V-based hardware, AONDevices achieves exceptional AI performance at ultra-low power consumption.

    Its scalable solutions enable advanced features such as wake word detection, voice commands, acoustic event recognition, gestures, motion tracking, and environmental context awareness. From personal devices and smart home systems to automotive technologies, AONDevices supports the creation of intelligent, energy-efficient, and privacy-focused products.

    For more information, visit www.aondevices.com.

    Media Contact:
    Stephanie Olsen
    Lages & Associates
    (949) 453-8080
    stephanie@lages.com

    The MIL Network –

    July 3, 2025

  • MIL-OSI: AONDevices and H&S HighTech Forge Strategic Alliance to Expand Super-Low-Power, Always-On Edge AI Globally

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif. and DAEJEON, South Korea, July 02, 2025 (GLOBE NEWSWIRE) — AONDevices, Inc., a pioneer in super-low-power, always-on edge AI technology, and H&S HighTech Corp., a global leader in semiconductor and electronics distribution, today announced a strategic alliance aimed at accelerating the worldwide adoption of next-generation always-on AI solutions. As part of the partnership, H&S HighTech has made a strategic investment in AONDevices and will serve as its preferred distributor and strategic partner across Korea and select international markets.

    Smarter Devices, Powered by Always-On, Super-Low-Power AI
    From TV remotes and smart wearables to connected health monitors and industrial sensors, the demand for embedded, always-on intelligence is growing rapidly. Yet most processors fall short when it comes to delivering real-time responsiveness without draining battery life. AONDevices addresses this challenge head-on with highly efficient AI processors built for sub-milliwatt, always-on operation – delivering best-in-class accuracy at ultra-low power.

    Target Devices and Markets

    • Consumer & Personal Electronics: TV remotes, headsets, smart home appliances, wearables, and security systems
    • Mobility, Health & Industrial Monitoring: Automotive systems, industrial sensors, and connected health monitors

    Always-On Edge AI Example Use Cases Include:

    • Wake word and voice command recognition
    • Acoustic event and scene detection (AED/ASD)
    • Gesture and activity recognition
    • Environmental sensing and contextual awareness
    • Speaker identification
    • Multi-modal sensor fusion

    Flexible, Future-Ready AI Architecture
    The AONDevices platform is built for modern edge applications that demand real-time performance, ultra-low power, and data privacy. Supporting both fully offline and hybrid edge plus cloud deployments, the architecture enables secure, always-on experiences in devices that need to operate continuously – on a single battery charge.

    “This partnership with H&S HighTech marks a significant step in AONDevices’ global growth strategy,” said Mouna Elkhatib, CEO of AONDevices. “We’re excited to combine our cutting-edge always-on edge AI technology with H&S HighTech’s market strength to deliver smarter, more efficient devices to customers worldwide.”

    “We believe AONDevices is redefining what’s possible with always-on edge AI,” said Kim Jung-hee, CEO of H&S HighTech. “Their ultra-low-power capabilities are exactly what our customers need to enable intelligent, next-generation devices across industries.”

    Why AONDevices Stands Out

    • Industry-Leading Power Efficiency: For always-on AI applications
    • High Accuracy with Tiny Footprint: Neural networks under 50KB
    • End-to-End AI Enablement: Hardware plus software plus deployment tools
    • Sensor Fusion: Audio, motion, environmental sensing
    • Flexible Engagement Model: Customizable for OEMs
    • Momentum with Tier-1 OEMs: Across multiple markets

    About H&S HighTech
    H&S HighTech is a global leader in high-performance electronic components and semiconductor distribution, with expertise spanning semiconductors, display technology, and electronic packaging. Notably, it is the No. 1 manufacturer in Korea for ACF (Anisotropic Conductive Film), crystals, and oscillators – offering optimized solutions for next-generation AI and machine learning applications. By consistently delivering cutting-edge products and services worldwide, H&S HighTech continues to invest in and collaborate on innovative technologies to drive the future of the electronics and semiconductor industry as a strategic partner, rather than a mere supplier.

    For more information, visit: www.hnshightech.com

    About AONDevices
    AONDevices, Inc. is a leader in ultra-low-power, high-accuracy edge AI solutions, redefining what is possible in always-on, battery-operated devices. Harnessing innovative chip architectures, lightweight neural networks, and RISC-V-based hardware, AONDevices achieves exceptional AI performance at ultra-low power consumption.

    Its scalable solutions enable advanced features such as wake word detection, voice commands, acoustic event recognition, gestures, motion tracking, and environmental context awareness. From personal devices and smart home systems to automotive technologies, AONDevices supports the creation of intelligent, energy-efficient, and privacy-focused products.

    For more information, visit www.aondevices.com.

    Media Contact:
    Stephanie Olsen
    Lages & Associates
    (949) 453-8080
    stephanie@lages.com

    The MIL Network –

    July 3, 2025

  • MIL-OSI United Kingdom: Statement on the entry into force of the 2019 Hague Convention

    Source: United Kingdom – Executive Government & Departments

    Authored article

    Statement on the entry into force of the 2019 Hague Convention

    Businesses will save time and money on repetitive legal action thanks to new international rules in force across the UK from 1 July 2025.

    I am delighted to confirm that, as of 1st July 2025, the Hague Convention of 2019 on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters – commonly known as ‘Hague 2019’ – has entered into force for the UK.  

    Hague 2019 means judgments from UK courts will be easily recognised and enforced in the courts of other countries that have signed up to the Convention, and vice versa.

    Hague 2019 aims to reduce court costs in international cases. It will promote access to justice for UK citizens as they live, work and do business across borders and drive economic growth for UK businesses by underpinning confidence in trade. 

    This is a big step in strengthening the UK’s cooperation with our international partners, particularly the EU.

    Hague 2019 marks the first new agreement to apply in this area of law between the UK and the EU since EU Exit.

    With a potentially global reach, there are already 30 Contracting Parties to Hague 2019 with several more soon to join.

    We look forward to applying the Convention with both current and future parties for the benefit of all our citizens and businesses.

    Updates to this page

    Published 2 July 2025

    MIL OSI United Kingdom –

    July 3, 2025

  • MIL-OSI: Community Bank & Trust Wins Top Honors for Second Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    LAGRANGE, Ga., July 02, 2025 (GLOBE NEWSWIRE) — Community Bank & Trust is proud to announce it has once again been named Best Bank, Best Overall Business in Troup County and Best Banker for 2025 — the latter awarded to Bill Stump, Director of Community Banking at Community Bank & Trust — by LaGrange Daily News. This marks the second consecutive year the institution has swept these prestigious categories.

    Every year, LaGrange Daily News takes votes from readers on the best businesses in the community. Best of Troup County is a way to recognize the people and businesses that go above and beyond, whether that’s due to the high quality of their product, their customer-focused approach, or any other characteristics that might separate them.

    This continued recognition is a direct reflection of the hard work, integrity, and customer-first mindset that defines the Community Bank & Trust team. From the front lines of service to the strategic leadership behind the scenes, every team member contributes to delivering a banking experience built on trust, reliability, and deep community connection.

    “Our team doesn’t just work in these communities — we live in them, invest in them, and are wholly committed to their success,” said Stump. “Being named Best Banker is a personal honor, but it’s also a tribute to the incredible team I’m fortunate to work with every day.”

    The awards are more than just accolades — they represent a commitment to consistency, excellence, and raising the standard in financial services. Community Bank & Trust remains focused on proving that these titles are earned not once, but every day, through meaningful relationships, expert guidance, and unwavering service.

    To view the full Best of Troup County 2025 list, click here.

    About Community Bank & Trust
    Community Bank & Trust is a subsidiary of Community Bankshares, Inc. and a leading financial institution serving Georgia and beyond. With a focus on relationship banking, innovative financial solutions, and strong community ties, CB&T is proud to be recognized not only for its service, but for its unwavering commitment to the people and businesses it serves.

    Media Contact
    Hannah Conley
    Uproar by Moburst for Community Bank & Trust
    Hannah.Conley@Moburst.com

    The MIL Network –

    July 3, 2025

  • MIL-OSI: Community Bank & Trust Wins Top Honors for Second Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    LAGRANGE, Ga., July 02, 2025 (GLOBE NEWSWIRE) — Community Bank & Trust is proud to announce it has once again been named Best Bank, Best Overall Business in Troup County and Best Banker for 2025 — the latter awarded to Bill Stump, Director of Community Banking at Community Bank & Trust — by LaGrange Daily News. This marks the second consecutive year the institution has swept these prestigious categories.

    Every year, LaGrange Daily News takes votes from readers on the best businesses in the community. Best of Troup County is a way to recognize the people and businesses that go above and beyond, whether that’s due to the high quality of their product, their customer-focused approach, or any other characteristics that might separate them.

    This continued recognition is a direct reflection of the hard work, integrity, and customer-first mindset that defines the Community Bank & Trust team. From the front lines of service to the strategic leadership behind the scenes, every team member contributes to delivering a banking experience built on trust, reliability, and deep community connection.

    “Our team doesn’t just work in these communities — we live in them, invest in them, and are wholly committed to their success,” said Stump. “Being named Best Banker is a personal honor, but it’s also a tribute to the incredible team I’m fortunate to work with every day.”

    The awards are more than just accolades — they represent a commitment to consistency, excellence, and raising the standard in financial services. Community Bank & Trust remains focused on proving that these titles are earned not once, but every day, through meaningful relationships, expert guidance, and unwavering service.

    To view the full Best of Troup County 2025 list, click here.

    About Community Bank & Trust
    Community Bank & Trust is a subsidiary of Community Bankshares, Inc. and a leading financial institution serving Georgia and beyond. With a focus on relationship banking, innovative financial solutions, and strong community ties, CB&T is proud to be recognized not only for its service, but for its unwavering commitment to the people and businesses it serves.

    Media Contact
    Hannah Conley
    Uproar by Moburst for Community Bank & Trust
    Hannah.Conley@Moburst.com

    The MIL Network –

    July 3, 2025

  • MIL-OSI: Alibaba.com and Wix Announce Strategic Partnership to Accelerate Global Growth for SMEs

    Source: GlobeNewswire (MIL-OSI)

    Integrated tools and exclusive benefits empowering millions of entrepreneurs across both platforms to seamlessly source products and drive sales worldwide 

    NEW YORK – Alibaba.com, a leading global business-to-business (B2B) marketplace, and Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced a strategic partnership aimed at empowering digital entrepreneurs, new businesses, and SMEs to expand their global reach. This strategic collaboration will enable Wix merchants to expand their global wholesale capabilities through Alibaba.com while providing Alibaba.com merchants the opportunity to establish robust direct-to-consumer (D2C) and B2B storefronts powered by Wix’s comprehensive commerce infrastructure. Collectively, these platforms will facilitate seamless global trade across over 200 countries and regions.

    The partnership is anchored in three strategic initiatives:

    1. Alibaba.com Seller App Integration with Wix Marketplace 
    Wix merchants now have the opportunity to seamlessly become Global Gold Suppliers (GGS) on Alibaba.com by simply downloading the Alibaba.com Seller App via the Wix Marketplace. This integrated solution ensures automated synchronization of products and orders, significantly simplifying global selling processes for Wix merchants. Leveraging advanced identity verification capability, Alibaba.com’s streamlined onboarding process enables rapid account activation, allowing businesses to quickly tap into a network of millions of verified global buyers, including retailers, distributors, and importers.

    2. Smart and Efficient Sourcing from Alibaba.com for Wix Merchants
    Through this partnership, Wix merchants gain access to a curated sourcing marketplace powered by Alibaba.com. This dedicated wholesale marketplace facilitates the efficient discovery of reliable, high-quality suppliers worldwide. Wix merchants can now source products tailored to their unique catalog needs, enabling quick market testing, innovative product bundling, and private-label creation with reduced risk and greater agility.

    3. Alibaba.com Sellers Have Direct Access to Wix’s Powerful AI Platform
    Alibaba.com sellers will benefit significantly from the opportunity to build their own branded D2C and B2B storefronts utilizing Wix’s full suite of intuitive AI, design, marketing, and eCommerce tools. With Single Sign-On (SSO) capability, Alibaba.com sellers can easily expand their digital presence, strengthen brand identity, and directly engage with both consumers and business buyers globally.

    “At Alibaba.com, we are committed to creating accessible global trade opportunities for businesses of all sizes,” said Kuo Zhang, President of Alibaba.com. “Our partnership with Wix simplifies the complexities of international trade, offering small businesses streamlined solutions for sourcing, selling, and expanding their global reach.”

    “At Wix, we’re focused on giving every business, from solo entrepreneurs to established brands, the tools to grow and scale globally,” said Nir Zohar, President of Wix. “Our collaboration with Alibaba.com takes that a step further. It opens powerful new opportunities for our users to tap into international wholesale markets, while also giving Alibaba.com merchants the ability to create stronger, more direct connections with their customers.”

    The partnership rollout will occur in phases, intending to offer a robust roadmap of forthcoming enhancements. Anticipated future features include AI-powered product discovery, automated onboarding processes, and intelligent product-matching tools. These innovations aim to simplify and accelerate global commerce, particularly benefiting small and medium-sized enterprises.

    Learn more about the partnership here.

    About Alibaba.com
    Launched in 1999, Alibaba.com is a leading platform for global business-to-business (B2B) e-commerce that serves buyers and suppliers from over 200 countries and regions around the world. It is engaged in services covering various aspects of commerce, including providing businesses with tools that help them reach a global audience for their products and helping buyers discover products, find suppliers and place orders online fast and efficiently. Alibaba.com is part of Alibaba International Digital Commerce Group.

    Media Relations Contact: Mike Hong via mike.hong@alibaba-inc.com 

    About Wix.com Ltd.

    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded  in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

    For more about Wix, please visit our Press Room
    Media Relations Contact:  PR@wix.com  

    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of Q1 2025..

    Attachment

    • Alibaba.com and Wix

    The MIL Network –

    July 3, 2025

  • MIL-OSI: Alibaba.com and Wix Announce Strategic Partnership to Accelerate Global Growth for SMEs

    Source: GlobeNewswire (MIL-OSI)

    Integrated tools and exclusive benefits empowering millions of entrepreneurs across both platforms to seamlessly source products and drive sales worldwide 

    NEW YORK – Alibaba.com, a leading global business-to-business (B2B) marketplace, and Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced a strategic partnership aimed at empowering digital entrepreneurs, new businesses, and SMEs to expand their global reach. This strategic collaboration will enable Wix merchants to expand their global wholesale capabilities through Alibaba.com while providing Alibaba.com merchants the opportunity to establish robust direct-to-consumer (D2C) and B2B storefronts powered by Wix’s comprehensive commerce infrastructure. Collectively, these platforms will facilitate seamless global trade across over 200 countries and regions.

    The partnership is anchored in three strategic initiatives:

    1. Alibaba.com Seller App Integration with Wix Marketplace 
    Wix merchants now have the opportunity to seamlessly become Global Gold Suppliers (GGS) on Alibaba.com by simply downloading the Alibaba.com Seller App via the Wix Marketplace. This integrated solution ensures automated synchronization of products and orders, significantly simplifying global selling processes for Wix merchants. Leveraging advanced identity verification capability, Alibaba.com’s streamlined onboarding process enables rapid account activation, allowing businesses to quickly tap into a network of millions of verified global buyers, including retailers, distributors, and importers.

    2. Smart and Efficient Sourcing from Alibaba.com for Wix Merchants
    Through this partnership, Wix merchants gain access to a curated sourcing marketplace powered by Alibaba.com. This dedicated wholesale marketplace facilitates the efficient discovery of reliable, high-quality suppliers worldwide. Wix merchants can now source products tailored to their unique catalog needs, enabling quick market testing, innovative product bundling, and private-label creation with reduced risk and greater agility.

    3. Alibaba.com Sellers Have Direct Access to Wix’s Powerful AI Platform
    Alibaba.com sellers will benefit significantly from the opportunity to build their own branded D2C and B2B storefronts utilizing Wix’s full suite of intuitive AI, design, marketing, and eCommerce tools. With Single Sign-On (SSO) capability, Alibaba.com sellers can easily expand their digital presence, strengthen brand identity, and directly engage with both consumers and business buyers globally.

    “At Alibaba.com, we are committed to creating accessible global trade opportunities for businesses of all sizes,” said Kuo Zhang, President of Alibaba.com. “Our partnership with Wix simplifies the complexities of international trade, offering small businesses streamlined solutions for sourcing, selling, and expanding their global reach.”

    “At Wix, we’re focused on giving every business, from solo entrepreneurs to established brands, the tools to grow and scale globally,” said Nir Zohar, President of Wix. “Our collaboration with Alibaba.com takes that a step further. It opens powerful new opportunities for our users to tap into international wholesale markets, while also giving Alibaba.com merchants the ability to create stronger, more direct connections with their customers.”

    The partnership rollout will occur in phases, intending to offer a robust roadmap of forthcoming enhancements. Anticipated future features include AI-powered product discovery, automated onboarding processes, and intelligent product-matching tools. These innovations aim to simplify and accelerate global commerce, particularly benefiting small and medium-sized enterprises.

    Learn more about the partnership here.

    About Alibaba.com
    Launched in 1999, Alibaba.com is a leading platform for global business-to-business (B2B) e-commerce that serves buyers and suppliers from over 200 countries and regions around the world. It is engaged in services covering various aspects of commerce, including providing businesses with tools that help them reach a global audience for their products and helping buyers discover products, find suppliers and place orders online fast and efficiently. Alibaba.com is part of Alibaba International Digital Commerce Group.

    Media Relations Contact: Mike Hong via mike.hong@alibaba-inc.com 

    About Wix.com Ltd.

    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded  in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

    For more about Wix, please visit our Press Room
    Media Relations Contact:  PR@wix.com  

    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of Q1 2025..

    Attachment

    • Alibaba.com and Wix

    The MIL Network –

    July 3, 2025

  • Union Minister Kumaraswamy concludes three-day UAE visit, strengthens India’s industrial partnership

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Steel and Heavy Industries HD Kumaraswamy concluded a three-day diplomatic and business visit to the United Arab Emirates, engaging in high-level discussions expected to significantly enhance bilateral trade relations and industrial cooperation between India and the UAE.

    The delegation included senior officials of the Ministry of Steel and CMDs, Senior representatives of three leading Indian steel companies Steel Authority of India Limited (SAIL), MECON Limited, and National Mineral Development Corporation (NMDC). 

    During the visit, the Minister inaugurated Representative Offices of these companies in Dubai. The opening of offices in Dubai is reflective of GOIs priority of Indian steel companies expanding their global footprint and leveraging wider opportunities.

    The minister’s visit  featured strategic meetings with key UAE leadership, advancing India’s industrial presence in the Middle Eastern market while exploring new avenues for economic collaboration. Minister Kumaraswamy held discussions with UAE Minister of Economy and Tourism Abdulla Bin Touq Al Marri, focusing on strengthening trade and economic relations. The meeting addressed green steel collaboration for sustainable development, opportunities in high-grade steel and aluminum for defense and automotive sectors, and initiatives to boost supply chain resilience.

    The minister also met with Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, where discussions centered on steel sector collaboration, exploring opportunities in mineral sourcing, green steel initiatives, and industrial projects.The delegation’s itinerary included strategic site visits across the UAE. Minister Kumaraswamy met with senior officials of RAK Port and conducted site visits to Stevin Rock quarries in Ras Al Khaimah. The team also visited Emirates Global Aluminium and Conares Steel facilities in Jebel Ali, Dubai, engaging with major regional metals industry players.

    Minister Kumaraswamy connected with the Indian community by engaging with Karnataka diaspora members and participated in a roundtable discussion with steel companies organized by the India Business & Professional Council Dubai, providing a platform for direct dialogue with industry leaders.

    This visit represents part of regular high-level exchanges between India and the UAE that have intensified in recent years. The mission successfully strengthened the Comprehensive Strategic Partnership between the two nations while demonstrating India’s commitment to expanding its industrial presence in the Middle Eastern market, laying groundwork for enhanced cooperation in steel, minerals, and advanced manufacturing sectors.

    July 3, 2025

  • Union Minister Kumaraswamy concludes three-day UAE visit, strengthens India’s industrial partnership

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Steel and Heavy Industries HD Kumaraswamy concluded a three-day diplomatic and business visit to the United Arab Emirates, engaging in high-level discussions expected to significantly enhance bilateral trade relations and industrial cooperation between India and the UAE.

    The delegation included senior officials of the Ministry of Steel and CMDs, Senior representatives of three leading Indian steel companies Steel Authority of India Limited (SAIL), MECON Limited, and National Mineral Development Corporation (NMDC). 

    During the visit, the Minister inaugurated Representative Offices of these companies in Dubai. The opening of offices in Dubai is reflective of GOIs priority of Indian steel companies expanding their global footprint and leveraging wider opportunities.

    The minister’s visit  featured strategic meetings with key UAE leadership, advancing India’s industrial presence in the Middle Eastern market while exploring new avenues for economic collaboration. Minister Kumaraswamy held discussions with UAE Minister of Economy and Tourism Abdulla Bin Touq Al Marri, focusing on strengthening trade and economic relations. The meeting addressed green steel collaboration for sustainable development, opportunities in high-grade steel and aluminum for defense and automotive sectors, and initiatives to boost supply chain resilience.

    The minister also met with Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, where discussions centered on steel sector collaboration, exploring opportunities in mineral sourcing, green steel initiatives, and industrial projects.The delegation’s itinerary included strategic site visits across the UAE. Minister Kumaraswamy met with senior officials of RAK Port and conducted site visits to Stevin Rock quarries in Ras Al Khaimah. The team also visited Emirates Global Aluminium and Conares Steel facilities in Jebel Ali, Dubai, engaging with major regional metals industry players.

    Minister Kumaraswamy connected with the Indian community by engaging with Karnataka diaspora members and participated in a roundtable discussion with steel companies organized by the India Business & Professional Council Dubai, providing a platform for direct dialogue with industry leaders.

    This visit represents part of regular high-level exchanges between India and the UAE that have intensified in recent years. The mission successfully strengthened the Comprehensive Strategic Partnership between the two nations while demonstrating India’s commitment to expanding its industrial presence in the Middle Eastern market, laying groundwork for enhanced cooperation in steel, minerals, and advanced manufacturing sectors.

    July 3, 2025

  • Union Minister HD Kumaraswamy inaugurates Steel Authority of India Representative office in Dubai

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Steel, Heavy Industries and Public Enterprises HD Kumaraswamy inaugurated the Steel Authority of India Limited (SAIL) representative office in Dubai, marking another significant milestone in strengthening bilateral relations between India and the UAE while creating new business opportunities for India’s largest steel producer. The office is located at Lake Central, Business Bay, Dubai.

    The event witnessed the presence of several high-ranking officials, including Consul General of India to Dubai Satish Kumar Sivan, SAIL Chairman and Managing Director Amarendu Prakash, the Joint Secretary from the Ministry of Steel, senior representatives from the Consulate General of India, CMD of NMDC, and senior officers from SAIL, NMDC, and MECON.

    Speaking at the inauguration, Minister Kumaraswamy emphasized the strategic importance of the initiative, stating, “By establishing three PSU units from India – SAIL, MECON, and NMDC – this relationship is going to be strengthened. The three offices that we inaugurated over the last two days represent our commitment to strengthen our CPSEs using the Prime Minister’s strong relationship with the UAE.”

    “The atmosphere here is very conducive for business, and very good opportunities exist, particularly for extending our manufacturing capabilities and exporting the materials we produce in India to the region in a big way. That is the main objective. Our intention in establishing all three offices here is the beginning of a new chapter to develop both countries’ relationship further. I particularly thank the Indian missions in the UAE – the Embassy in Abu Dhabi and the Consulate in Dubai , for their support.”, he added.

    SAIL, one of India’s largest steel makers with an annual crude steel production capacity of more than 20 million tonnes, has established the representative office in Dubai to tap into the significant potential that the Middle East and North Africa region offers for steel business. Dubai’s strategic position as a gateway to the MENA region makes it an ideal location for SAIL to expand its global presence, particularly given the conducive business environment and government support that has driven steady regional growth in recent years.

    The opening of the Dubai office is expected to offer substantial business opportunities for SAIL while further strengthening bilateral relations between India and the UAE. The establishment aligns with India’s broader strategy to enhance its steel sector’s international footprint and supports the country’s ambitious target of achieving 300 million tonnes of steel production by 2030 under Prime Minister Narendra Modi’s leadership.

    July 3, 2025

  • Union Minister HD Kumaraswamy inaugurates Steel Authority of India Representative office in Dubai

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Steel, Heavy Industries and Public Enterprises HD Kumaraswamy inaugurated the Steel Authority of India Limited (SAIL) representative office in Dubai, marking another significant milestone in strengthening bilateral relations between India and the UAE while creating new business opportunities for India’s largest steel producer. The office is located at Lake Central, Business Bay, Dubai.

    The event witnessed the presence of several high-ranking officials, including Consul General of India to Dubai Satish Kumar Sivan, SAIL Chairman and Managing Director Amarendu Prakash, the Joint Secretary from the Ministry of Steel, senior representatives from the Consulate General of India, CMD of NMDC, and senior officers from SAIL, NMDC, and MECON.

    Speaking at the inauguration, Minister Kumaraswamy emphasized the strategic importance of the initiative, stating, “By establishing three PSU units from India – SAIL, MECON, and NMDC – this relationship is going to be strengthened. The three offices that we inaugurated over the last two days represent our commitment to strengthen our CPSEs using the Prime Minister’s strong relationship with the UAE.”

    “The atmosphere here is very conducive for business, and very good opportunities exist, particularly for extending our manufacturing capabilities and exporting the materials we produce in India to the region in a big way. That is the main objective. Our intention in establishing all three offices here is the beginning of a new chapter to develop both countries’ relationship further. I particularly thank the Indian missions in the UAE – the Embassy in Abu Dhabi and the Consulate in Dubai , for their support.”, he added.

    SAIL, one of India’s largest steel makers with an annual crude steel production capacity of more than 20 million tonnes, has established the representative office in Dubai to tap into the significant potential that the Middle East and North Africa region offers for steel business. Dubai’s strategic position as a gateway to the MENA region makes it an ideal location for SAIL to expand its global presence, particularly given the conducive business environment and government support that has driven steady regional growth in recent years.

    The opening of the Dubai office is expected to offer substantial business opportunities for SAIL while further strengthening bilateral relations between India and the UAE. The establishment aligns with India’s broader strategy to enhance its steel sector’s international footprint and supports the country’s ambitious target of achieving 300 million tonnes of steel production by 2030 under Prime Minister Narendra Modi’s leadership.

    July 3, 2025

  • MIL-OSI United Kingdom: Trading standards warn of unsafe counterfeit Labubu toys

    Source: Scotland – City of Aberdeen

    Trading standards officers are today warning consumers and businesses following the seizure of counterfeit and potentially dangerous versions of the collectible Labubu doll toys from shops in Aberdeen.

    The Labubu brand toys were examined and identified to have loose parts which could pose a choking hazard to young children and do not have the required safety labelling including a supplier in the UK or EU.

    Trading standards manager Graeme Paton said: “Following the discovery of counterfeit toys, we want to alert consumers and particularly parents to be extra vigilant.

    “These counterfeit toys can seem like a bargain compared with trying to source the genuine toy, especially when they are a much-sought-after item, but they are potentially dangerous.

    “Counterfeit toys can potentially pose significant dangers to young children such as chemical exposure and choking hazards. These products routinely lack proper safety testing and we encourage anyone concerned about the safety of toys they’ve purchased to get in touch with us via Consumer Advice Scotland.”

    The council’s trading standards team, which seized the counterfeit Labubu toys from four premises across the city, is constantly on the lookout for products which contravene safety legislation. In the case of these counterfeit toys, they could pose serious dangers for children.

    Trading standards provides the following advice to consumers to ensure they purchase safe products:

    •    Check the toys packaging carefully. There should be a CE or UKCA mark and the name and address of the supplier in the UK or EU to show that the product complies with safety regulations. Most toys will have warnings and instructions to ensure their safe use; 
    •    Only buy from reputable sellers. This makes it easier to return goods if a problem develops;
    •    Consider the price. Be suspicious if it’s a lot cheaper than you would expect.

    Consumers can contact Consumer Advice Scotland on 0808 164 6000 and traders can contact Trading Standards at tradingstandards@aberdeencity.gov.uk.

    Labubu is a brand of monster elves created by designer Kasing Lung and marketed by Chinese retailer Pop Mart. Labubu is also the name of the main character in the series of toys.

    MIL OSI United Kingdom –

    July 3, 2025

  • MIL-OSI USA: Suburban Chicago Businessman Convicted for Role in Bank Fraud and PPP Fraud Schemes

    Source: US State of California

    A federal jury convicted an Illinois businessman yesterday for his role in schemes to fraudulently obtain over $55 million in commercial loans and lines of credit and for submitting fraudulent applications to obtain COVID-19 relief money guaranteed by the U.S. Small Business Administration (SBA) through the Paycheck Protection Program (PPP).

    According to court documents and evidence presented at trial, Rahul Shah, 56, of Evanston, the owner and operator of several information technology companies in the Chicago area, fraudulently obtained funds from loans and lines of credit for which he was not eligible from federally insured financial institutions and later defaulted on at least one such line of credit and one such loan. Shah submitted to federally insured financial institutions falsified bank statements that fraudulently inflated deposits, falsified balance sheets that overstated revenues, and fabricated audited financial statements with forged signatures. Shah also engaged in monetary transactions with proceeds from the bank fraud.

    Shah also submitted to a federally insured bank an application for a $441,138 loan guaranteed by the SBA that significantly overstated the payroll expenses of a company he controlled. In support of the loan application, he submitted to the lender several fraudulent IRS documents, which falsely represented that the company made payments to multiple individuals who had not received such payments. He also used stolen identities to carry out the fraud, using the names and taxpayer identification numbers of individuals that he knew had not received payments from the company in the PPP loan applications.

    In addition, Shah signed and caused to be submitted to the lender what purported to be IRS Forms 941 representing his company’s quarterly payroll expenses for 2019. A comparison between the documents submitted to the lender and the company’s IRS and state tax filings revealed that Shah’s company reported significantly lower payroll expenses to the tax authorities.

    Shah was convicted of seven counts of bank fraud, five counts of making false statements to a financial institution, two counts of money laundering, and two counts of aggravated identity theft. He is scheduled to be sentenced on Nov. 13. Shah faces up to 30 years in prison on each count of bank fraud and false statements to a financial institution, up to 10 years in prison on each count of money laundering, and up to two years in prison for each aggravated identity theft count. A federal district court judge will determine the sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division, U.S. Attorney Andrew S. Boutros for the Northern District of Illinois, Special Agent in Charge Douglas S. DePodesta of the FBI Chicago Field Office, and Special Agent in Charge Brady Ipock of the Small Business Administration Office of Inspector General (SBA OIG) Chicago Field Office made the announcement.

    The FBI Chicago Field Office and SBA OIG Chicago Field Office investigated the case.

    Assistant Chief Patrick Mott and Trial Attorney Lindsey Carson of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Jasmina Vajzovic for the Northern District of Illinois are prosecuting the case.

    The Fraud Section leads the Criminal Division’s prosecution of fraud schemes that exploit the PPP. Since the enactment of the CARES Act, the Fraud Section has prosecuted over 200 defendants in more than 130 criminal cases and has seized over $78 million in cash proceeds derived from fraudulently obtained PPP funds, as well as numerous real estate properties and luxury items purchased with such proceeds. More information can be found at www.justice.gov/criminal/criminal-fraud/cares-act-fraud

    Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Justice Department’s National Center for Disaster Fraud (NCDF) Hotline via the NCDF Web Complaint Form at www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    MIL OSI USA News –

    July 3, 2025

  • MIL-OSI Security: Suburban Chicago Businessman Convicted for Role in Bank Fraud and PPP Fraud Schemes

    Source: United States Attorneys General

    A federal jury convicted an Illinois businessman yesterday for his role in schemes to fraudulently obtain over $55 million in commercial loans and lines of credit and for submitting fraudulent applications to obtain COVID-19 relief money guaranteed by the U.S. Small Business Administration (SBA) through the Paycheck Protection Program (PPP).

    According to court documents and evidence presented at trial, Rahul Shah, 56, of Evanston, the owner and operator of several information technology companies in the Chicago area, fraudulently obtained funds from loans and lines of credit for which he was not eligible from federally insured financial institutions and later defaulted on at least one such line of credit and one such loan. Shah submitted to federally insured financial institutions falsified bank statements that fraudulently inflated deposits, falsified balance sheets that overstated revenues, and fabricated audited financial statements with forged signatures. Shah also engaged in monetary transactions with proceeds from the bank fraud.

    Shah also submitted to a federally insured bank an application for a $441,138 loan guaranteed by the SBA that significantly overstated the payroll expenses of a company he controlled. In support of the loan application, he submitted to the lender several fraudulent IRS documents, which falsely represented that the company made payments to multiple individuals who had not received such payments. He also used stolen identities to carry out the fraud, using the names and taxpayer identification numbers of individuals that he knew had not received payments from the company in the PPP loan applications.

    In addition, Shah signed and caused to be submitted to the lender what purported to be IRS Forms 941 representing his company’s quarterly payroll expenses for 2019. A comparison between the documents submitted to the lender and the company’s IRS and state tax filings revealed that Shah’s company reported significantly lower payroll expenses to the tax authorities.

    Shah was convicted of seven counts of bank fraud, five counts of making false statements to a financial institution, two counts of money laundering, and two counts of aggravated identity theft. He is scheduled to be sentenced on Nov. 13. Shah faces up to 30 years in prison on each count of bank fraud and false statements to a financial institution, up to 10 years in prison on each count of money laundering, and up to two years in prison for each aggravated identity theft count. A federal district court judge will determine the sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division, U.S. Attorney Andrew S. Boutros for the Northern District of Illinois, Special Agent in Charge Douglas S. DePodesta of the FBI Chicago Field Office, and Special Agent in Charge Brady Ipock of the Small Business Administration Office of Inspector General (SBA OIG) Chicago Field Office made the announcement.

    The FBI Chicago Field Office and SBA OIG Chicago Field Office investigated the case.

    Assistant Chief Patrick Mott and Trial Attorney Lindsey Carson of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Jasmina Vajzovic for the Northern District of Illinois are prosecuting the case.

    The Fraud Section leads the Criminal Division’s prosecution of fraud schemes that exploit the PPP. Since the enactment of the CARES Act, the Fraud Section has prosecuted over 200 defendants in more than 130 criminal cases and has seized over $78 million in cash proceeds derived from fraudulently obtained PPP funds, as well as numerous real estate properties and luxury items purchased with such proceeds. More information can be found at www.justice.gov/criminal/criminal-fraud/cares-act-fraud

    Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Justice Department’s National Center for Disaster Fraud (NCDF) Hotline via the NCDF Web Complaint Form at www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    MIL Security OSI –

    July 3, 2025

  • MIL-OSI: TAB Bank Provides $2.5 Million Factoring Facility for Ryan Transportation

    Source: GlobeNewswire (MIL-OSI)

    OGDEN, Utah, July 02, 2025 (GLOBE NEWSWIRE) — TAB Bank has provided a $2.5 million factoring facility to Ryan Transportation, Inc., a Livonia, Michigan-based truckload transportation provider. The facility will strengthen cash flow and working capital, enabling Ryan Transportation to maintain its reputation for providing personal service that exceeds customer expectations.

    Founded over 55 years ago, Ryan Transportation specializes in serving the automotive industry and its suppliers across the United States, with a strong presence in the Great Lakes Region. The company provides over-the-road, city driving, cross-dock and industrial switching services. Ryan Transportation is known for providing reliable, flexible and cost-effective solutions supported by innovative ideas and products, including EDI capabilities and GPS tracking for real-time shipment visibility.

    “TAB Bank offered us a straightforward financing solution that optimized our cash flow and enhanced our working capital, enabling us to keep our focus on running our business effectively,” said Jennifer Orow, CFO at Ryan Transportation. “The team at TAB is very flexible, easy to work with and accommodating of our company’s specific needs. We’re looking forward to a mutually beneficial relationship with TAB Bank.”

    “Ryan Transportation was seeking a new financing partner with a strong understanding of the trucking industry,” said Ralph Kourtjian, Vice President of Business Development at TAB Bank. “At TAB Bank, we have deep roots in the transportation industry, originally founded over 25 years ago to serve over-the-road truckers. While we now support a wide range of industries, our commitment to logistics and freight remains. We’re excited to support Ryan Transportation with a flexible solution that aligns with their goals and operational needs.”

    TAB Bank offers customized financial solutions for small to mid-sized businesses across various industries. Services include asset-based lending, equipment financing and working capital solutions tailored to help companies scale and thrive.

    About TAB Bank
    At TAB Bank, our mission is to unlock dreams with bold financial solutions that empower individuals and businesses nationwide. We are committed to building value in all we do through our innovative banking products.   Our dedication drives us to continuously improve, ensuring that we meet the evolving needs of our clients with excellence and agility. For over 25 years, we have remained steadfast in offering tailored, technology-enabled solutions designed to simplify and enhance the banking experience. 

    For more information about how we can help you achieve your financial dreams, visit www.TABBank.com.

    Contact Information:
    Trevor Morris
    Director of Marketing
    801-710-6318
    trevor.morris@tabbank.com

    The MIL Network –

    July 3, 2025

  • MIL-OSI: NowVertical’s Integration Strategy Accelerates Account Expansion and Cross-Market Growth

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 02, 2025 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSXV: NOW) (“NowVertical” or the “Company”), a leading data and AI solutions provider, today provided an update on the execution of its “One Brand, One Business” integration strategy, highlighting continued margin expansion and deeper enterprise penetration across North America and Latin America.

    Over the past twelve months, one of our NA&EMEA Strategic Accounts – a Fortune 500 technology business and one of eight US $1 million-plus 2024 engagements for NowVertical – has transitioned from siloed local analytics and reporting to a cross-region reporting programme delivered by NowVertical. By coordinating experts across several time zones under one operating framework, the NowVertical broadened its engagement across EMEA and APAC providing end-to-end campaign planning and quarterly executive business reviews. This capability expansion, engagement enhancement and global delivery approach has been unlocked through the ‘One Brand, One Business’ Strategy, which is integrating delivery operations across the group. The success of this integrated approach is cementing NowVertical as a key data and AI partner for the client whilst also improving margins.

    A parallel engagement with a global life-sciences leader and a NowVertical strategic account in Latin America underscores the scalability of the model. A multi-country delivery team is driving a data-modernisation programme, consolidating legacy data estates onto Google Cloud, enabling real-time analytics and rolling out an enhanced platform in new markets for the client. The result is faster commercial insight for the client and a repeatable playbook for NowVertical, already fuelling follow-on work in Mexico and Colombia.

    “These programmes show exactly why we moved to a unified operating structure,” said Sandeep Mendiratta, CEO of NowVertical. “By operating as one integrated business, we’re not only unlocking higher-margin work and accelerating account growth, but also delivering phenomenal value to our clients. We’re helping them move faster, make better decisions, and ultimately generate more revenue from their data. This model is creating durable, recurring revenue streams for NowVertical and measurable business impact for our clients.”

    The Company sees the growing contribution from cross-border, capability-integrated engagements to support its path to a US $50 million run-rate revenue and US $10 million EBITDA target while reinforcing its position as a trusted, full-stack data and AI partner to enterprise clients worldwide.

    About NowVertical Group Inc.

    NowVertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company’s AI-Infused first party and third-party technologies. NowVertical is growing organically and through strategic acquisitions.

    For further details about NowVertical, please visit www.nowvertical.com. 

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

    For further information, please contact:

    Andre Garber, CDO
    IR@nowvertical.com

    Investor Relations: Bristol Capital Ltd.
    Stefan Eftychiou
    stefan@bristolir.com
    +1(905)326-1888 x60

    Forward-Looking Statements

    This news release contains forward-looking information and forward-looking information within the meaning of applicable Canadian securities laws (together “forward-looking statements”), including, with respect to the availability of funds under the Facilities, the ability of NowVertical to utilize funds under the Facilities, the effect of the Facilities on NowVertical’s operations contemplated in this press release on NowVertical’s business, finances and operations. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies, certain of which are unknown. Forward-looking statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward-looking statements and the forward-looking statements are not guarantees of future performance. Forward-looking statements are qualified in their entirety by inherent risks and uncertainties, including: adverse market conditions; risks inherent in the data analytics and artificial intelligence sectors in general; regulatory and legislative changes; that future results may vary from historical results; inability to service the Company’s debt; any inability to realize the expected benefits and synergies of acquisitions or dispositions; that market competition may affect the business, results and financial condition of the Company and other risk factors identified in documents filed by the Company under its profile at www.sedarplus.com, including the Company’s management’s discussion and analysis for the year ended December 31, 2024. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

    The MIL Network –

    July 3, 2025

  • MIL-OSI United Kingdom: expert reaction to wildfires in Scotland, including in the Highlands and Moray

    Source: United Kingdom – Executive Government & Departments

    July 2, 2025

    Scientists comment on wildfires in Scotland. 

    Prof Rory Hadden, Chair of Fire Science, University of Edinburgh, said:

    “It is widely expected that the number of wildfires will increase in Scotland (and the UK) as we see more periods of extreme weather driven by climate change.  The recent fine weather means that vegetation has dried out and becomes susceptible to ignition sources.  Even a small heat source such as a BBQ or campfire can initiate a wildfire either by direct flame contact with vegetation, or by igniting a smouldering fire in dry vegetation and soils which will later transition to a flaming fire.

    “Once vegetation is ignited, a fire will grow extremely rapidly especially if there is wind and/or dense vegetation.  This is especially true given the recent weather conditions in Scotland and means that typically it will be challenging to fight without proper resources.  Also a smouldering fire in soils may only transition to flaming some hours after it is ignited (and there may be no obvious signs that smouldering has been ignited).  Once ignited a fire will spread rapidly through vegetation, moving fastest in the direction of the wind and up slopes.  Poor access, difficult terrain and extensive vegetation coverage means that the fire can spread over large areas relatively quickly.

    “The impacts of these fires are of course significant.  There is a huge cost to the fire and rescue services in fighting and managing these fires – drawing resources from a wide area.  There is the destruction of natural capital – the countryside provides important ecosystem services that we all rely on and these are impacted negatively by wildfires.  Loss of vegetation impacts on wildlife.  The smoke is harmful and can impact on people large distances away, exacerbating respiratory conditions.  If the fire burns into peat soils then the loss of carbon to the atmosphere will be significant and may drive future climate change.  There is also possibility of loss of property as fires move towards settlements (farms, villages, towns).

    “While there is ongoing research on this topic, there is lots we do not know around the changes in risk to people, property and environment posed by wildfires in Scotland and the UK.  The fire and rescue services are adapting but there is currently no national fire danger assessment tool or clear coordination at Government level in Scotland.  We need to work on finding measures to manage fire risk in Scotland and the UK, including fuel load management (e.g. prescribed burning, mechanical means) as well as communications with stakeholders and the public to advise of periods of higher fire danger.  This is critical because as well as climate change, we are in a period of significant changes in land use (including rewilding) across Scotland and the UK.

    “It is important to note that the leading cause of wildfires is people.  We all need to do our part when visiting the countryside to ensure we do not bring ignition sources – pack a picnic instead of a BBQ, and only have campfires in designated areas.”

    Declared interests

    Prof Rory Hadden: “Funding declaration:

    US Department of Agriculture, Forest Service;

    US Department of Commerce, National Institute of Standards and Technology;

    Funding on unrelated projects from Defence and Security Accelerator;

    UKRI EPSRC.”

    MIL OSI United Kingdom –

    July 3, 2025

  • MIL-OSI USA: STATE COLLEGE – Shapiro Administration Continues to Stand Up for Pennsylvania Farmers, Families, and Food Businesses Who Will be Hurt by Proposed Federal SNAP Funding Cuts

    Source: US State of Pennsylvania

    July 02, 2025 – State College, PA

    ADVISORY – STATE COLLEGE – Shapiro Administration Continues to Stand Up for Pennsylvania Farmers, Families, and Food Businesses Who Will be Hurt by Proposed Federal SNAP Funding Cuts

    Agriculture Secretary Russell Redding will join Pennsylvania State Grange President Matt Espenshade, local farmers, and state legislators to bring attention to the harmful impact of proposed federal funding cuts to the Supplemental Nutrition Assistance Program (SNAP), as well as how federal cuts already in effect for other food assistance programs, will hurt Pennsylvania farmers, food businesses, and families.

    The event will highlight the Shapiro Administration’s commitment to fighting hunger in Pennsylvania while supporting our farmers, families, and food businesses. Governor Josh Shapiro’s 2025-26 budget proposes increased investments to help end hunger and support farms across Pennsylvania.

    WHO:
    Agriculture Secretary Russell Redding
    Department of Human Services Executive Secretary Andrew Barnes
    State Representative Paul Takac
    State Representative Emily Kinkead
    Pennsylvania State Grange President Matt Espenshade
    Wasson’s Farm and Market Owner Candy Wasson

    WHEN: TOMORROW, Wednesday, July 2 at 11 a.m.

    WHERE:
    Wasson’s Farm and Market (event barn)
    2545 Shingletown Road
    State College, PA 16801

    RSVP: Press attending should RSVP with news outlet and photographer and reporter names to aginfo@pa.gov.

    MIL OSI USA News –

    July 3, 2025

  • Sensex, Nifty end lower as investors turn cautious over Trump’s tariff deadline

    Source: Government of India

    Source: Government of India (4)

    The stock markets ended lower on Wednesday, as investor sentiment remained cautious due to US President Donald Trump’s firm stand on the upcoming tariff deadline.

    The nervousness led to a risk-off mood among investors, pulling the benchmark indices lower.

    After rising to an intra-day high of 83,935.29, the Sensex lost momentum and closed at 83,409.69, down 287.6 points or 0.34 per cent.

    The Nifty also declined by 88.45 points or 0.35 per cent to end the day at 25,453.4.

    “Mixed global cues, particularly ahead of the impending tariff deadline, are driving investor caution,” Vinod Nair of Geojit Investments Limited said.

    “Market attention is gradually shifting to crucial Q1 earnings, which have high expectations,” he added.

    Nair added that the underlying trends such as robust macroeconomic fundamentals and increased government expenditure continue to support market resilience.

    Among the Sensex stocks, the biggest losers were Bajaj Finserv, L&T, Bajaj Finance, HDFC Bank, and Bharat Electronics.

    On the other hand, Tata Steel, Asian Paints, Ultratech Cement, Trent, Maruti, and Sun Pharma were among the top gainers.

    Broader markets followed a similar trend. The Nifty Midcap100 index ended down by 0.14 per cent, while the Nifty Smallcap100 index slipped 0.41 per cent.

    Sector-wise, Nifty Metal, Consumer Durables, Auto, IT, Pharma, and Healthcare managed to close in the green.

    However, Nifty Realty, Financial Services, Bank, Oil & Gas, and Media dragged the overall sentiment with losses.

    The total market capitalisation of all listed companies on the NSE stood at Rs 5.35 trillion.

    Meanwhile, the India VIX, which measures market volatility, eased slightly by 0.66 per cent to settle at 12.44 points — suggesting some cooling off in investor nervousness despite the day’s losses.

    Gold traded in a narrow range as market awaits key US data releases. Comex Gold moved between $3327 – $3340, while MCX Gold traded between Rs 97,000 – Rs 97,400.

    “The prices expected to remain in the broader range of Rs 96,500 – Rs 97,850 as participants price in potential dollar weakness and upcoming US data, including Non-Farm Payrolls (NFP), ADP non-farm employment, and unemployment figures,” Jateen Trivedi of LKP Securities stated.

    (IANS)

    July 2, 2025

  • Sensex, Nifty end lower as investors turn cautious over Trump’s tariff deadline

    Source: Government of India

    Source: Government of India (4)

    The stock markets ended lower on Wednesday, as investor sentiment remained cautious due to US President Donald Trump’s firm stand on the upcoming tariff deadline.

    The nervousness led to a risk-off mood among investors, pulling the benchmark indices lower.

    After rising to an intra-day high of 83,935.29, the Sensex lost momentum and closed at 83,409.69, down 287.6 points or 0.34 per cent.

    The Nifty also declined by 88.45 points or 0.35 per cent to end the day at 25,453.4.

    “Mixed global cues, particularly ahead of the impending tariff deadline, are driving investor caution,” Vinod Nair of Geojit Investments Limited said.

    “Market attention is gradually shifting to crucial Q1 earnings, which have high expectations,” he added.

    Nair added that the underlying trends such as robust macroeconomic fundamentals and increased government expenditure continue to support market resilience.

    Among the Sensex stocks, the biggest losers were Bajaj Finserv, L&T, Bajaj Finance, HDFC Bank, and Bharat Electronics.

    On the other hand, Tata Steel, Asian Paints, Ultratech Cement, Trent, Maruti, and Sun Pharma were among the top gainers.

    Broader markets followed a similar trend. The Nifty Midcap100 index ended down by 0.14 per cent, while the Nifty Smallcap100 index slipped 0.41 per cent.

    Sector-wise, Nifty Metal, Consumer Durables, Auto, IT, Pharma, and Healthcare managed to close in the green.

    However, Nifty Realty, Financial Services, Bank, Oil & Gas, and Media dragged the overall sentiment with losses.

    The total market capitalisation of all listed companies on the NSE stood at Rs 5.35 trillion.

    Meanwhile, the India VIX, which measures market volatility, eased slightly by 0.66 per cent to settle at 12.44 points — suggesting some cooling off in investor nervousness despite the day’s losses.

    Gold traded in a narrow range as market awaits key US data releases. Comex Gold moved between $3327 – $3340, while MCX Gold traded between Rs 97,000 – Rs 97,400.

    “The prices expected to remain in the broader range of Rs 96,500 – Rs 97,850 as participants price in potential dollar weakness and upcoming US data, including Non-Farm Payrolls (NFP), ADP non-farm employment, and unemployment figures,” Jateen Trivedi of LKP Securities stated.

    (IANS)

    July 2, 2025

  • MIL-OSI Video: ECB Forum on Central Banking 2025 – Session 2

    Source: European Central Bank (video statements)

    Session 2: Monetary transmission through households, consumption and savings

    Chair: Frank Elderson, Member of the Executive Board and Vice-Chair of the Supervisory Board, European Central Bank

    Paper: “Discretionary spending is the cycle, and why it matters for monetary policy”
    Author: Paolo Surico, Professor, London Business School
    (together with Michele Andreolli, Assistant Professor, Boston College, Natalie Rickard, London Business School, and Chiara Vergeat, London Business School)

    Discussant: María Teresa Valderrama, Head of the Monetary Policy Section, Oesterreichische Nationalbank

    https://www.youtube.com/watch?v=muUop31UZIU

    MIL OSI Video –

    July 2, 2025
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