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  • MIL-OSI Security: International Arms Dealer Pleads Guilty to Conspiring to Export Firearms to Russia

    Source: United States Attorneys General

    Defendant Unlawfully Exported American-Made Firearms Through JFK International Airport

    Yesterday in federal court in Brooklyn, Sergei Zharnovnikov, 46, of Bishkek, Kyrgyzstan, pleaded guilty to conspiracy to commit export violations. The defendant exported firearms and ammunition worth over $1.5 million from the United States to Russia, in violation of U.S. law. When sentenced, Zharnovnikov faces up to 20 years in prison.

    “By his own admission, Zharnovnikov willfully violated U.S. export controls to smuggle American-made firearms into Russia,” said Assistant Attorney General for National Security John A. Eisenberg. “The National Security Division will continue to work closely with our law enforcement partners to disrupt illicit arms networks and prosecute those who illegally transfer U.S. weaponry abroad.”

    “The defendant admitted that he purchased American-made, military-grade firearms and re-exported them to Russia,” said U.S. Attorney Joseph Nocella for the Eastern District of New York. “Today’s guilty plea is the culmination of extensive investigative work, showing that this office will not allow merchants of lethal weapons and Russia to flout U.S. sanctions.”

    According to court filings and statements made during the plea proceeding, the defendant is the owner of an arms dealer located in Bishkek, Kyrgyzstan (Kyrgyzstan Company-1). Since at least March 2020, the defendant, together with others, has conspired to export firearms controlled by the U.S. Department of Commerce from the United States to Russia. The defendant exported $1,582,836.52 worth of U.S.-manufactured firearms and ammunition from the United States to Russia without the required licenses from the Department of Commerce. In one transaction, he entered into a five‑year, $900,000 contract with a company in the United States (U.S. Company‑1) to purchase and export U.S. Company-1 firearms to Kyrgyzstan. DOC issued a license for U.S. Company-1 to export firearms to Kyrgyzstan Company-1. The license, however, explicitly prohibited the export or re-export of the firearms to Russia. Nevertheless, the defendant exported and re-exported U.S. Company‑1 firearms, including semi‑automatic hybrid rifle-pistols, to Russia via Kyrgyzstan without the necessary approvals.

    According to an export filing, in connection with the defendant’s contract with U.S. Company-1, U.S. Company-1 exported semi-automatic rifles from John F. Kennedy International Airport to Kyrgyzstan Company-1 on or about July 10, 2022. On or about Nov. 14, 2022, the General Director of a Russian company that is a client of the defendant executed a tax form listing the same semi‑automatic rifle‑pistols that U.S. Company‑1 had exported to Kyrgyzstan Company‑1, the defendant’s company. The defendant did not apply for, obtain, or possess a license to export or re-export the semi‑automatic pistol-rifles to Russia.

    The defendant traveled from Kyrgyzstan to the United States on or about Jan. 18, 2025. The defendant traveled to Las Vegas, Nevada, where he attended the Shooting, Hunting, and Outdoor Trade (SHOT) Show to meet with U.S. arms dealers.

    The FBI New York Field Office and U.S. Department of Commerce Bureau of Industry and Security Office of Export Enforcement are investigating the case.

    Assistant U.S. Attorneys Ellen H. Sise for the Eastern District of New York and Trial Attorney Leslie Esbrook of the National Security Division’s Counterintelligence and Export Control Section are prosecuting the case, with assistance from Litigation Analyst Rebecca Roth. 

    MIL Security OSI –

  • MIL-OSI: Rising Demand for Drones for Commercial & Military Applications Becoming a Booming Revenue Opportunity

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., June 26, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Unmanned Aerial Vehicle (UAV) imagery service providers have been offering innovative opportunities for businesses in the construction & agriculture industries and widening their potential application base to enable predictive and actuation capabilities. These capabilities offer significant advantages, such as quality improvements, risk mitigation, and cost reduction, thereby providing a competitive advantage to adopters. Drones and their sensors provide companies with significant data, multiplying applications and capabilities within their business processes. Analyzing the obtained information improves predictive/preventive maintenance and operational intelligence. Companies increasingly adopt data management platforms to process and analyze information for detecting and classifying notable events and creating reports. A report from Grand View Research said that the global drone data services market size is anticipated to grow at a CAGR of 39.0% through 2030. The market growth is attributed to the increasing need for drone information analysis amongst businesses worldwide to perform various critical tasks remotely, such as automated mapping, cadastral surveying, corridor surveying, volumetric calculations, and LiDAR mapping. Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Ondas Holdings Inc. (NASDAQ: ONDS), AeroVironment, Inc. (NASDAQ: AVAV), AIRO Group Holdings, Inc. (NASDAQ: AIRO), EHang Holdings Limited (NASDAQ: EH).

    The Grand View Research report said: “Drone data service providers are expected to gain prominence by empowering companies globally to utilize UAV imagery better. This can be achieved by converting it into actionable information in simple 3D models, Digital Elevation Models (DEMs), and orthomosaic maps. An increasing number of companies are now seeking to enter the UAV software space and develop software to provide aerial imagery analysis and mapping solutions for the commercial sector. Businesses worldwide are increasingly using drones across a wide range of industries. Farmers are utilizing maps generated with drone software to identify areas of damage & crop variation, diagnose the potential causes for damages, such as pests, equipment malfunctioning, and irrigation problems, and prescribe solutions such as variable-rate nitrogen applications. The 3D modeling & DEM segment is expected to grow at the fastest CAGR of 40.5% during the forecast period. The advancements in drone technology have enabled the collection of high-resolution aerial data, which can be processed to create detailed and precise 3D models and DEMs. It has significantly enhanced the accuracy and efficiency of data analysis and decision-making processes in industries that rely on geospatial information.”

    ZenaTech (NASDAQ:ZENA) Signs Offer to Acquire North Carolina Land Surveying Company to Expand State Operations and Government Customers – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, announces it has signed an offer to acquire a well-established North Carolina-based land surveying company with a strong government customer base. The proposed acquisition expands operations in the state when combined with a previously announced proposed land survey acquisition with operations in North Carolina. With over three decades of success serving government agencies, municipal governments, construction companies, and real estate developers, this strategic acquisition would significantly advance the company’s regional market penetration as well as growth in the US Southeast.

    “This proposed acquisition aligns with our strategy to build a robust, scalable, national Drone as a Service business while empowering strong regional and local hubs and recurring revenue opportunities,” said Shaun Passley, Ph.D., ZenaTech CEO. “We plan to embed AI-powered drone technology into critical land survey workflows providing unparalleled speed and precision. Land surveys are a first step to innovating multiple legacy businesses and inefficient processes with our DaaS model and our drones.”

    The land survey company offers comprehensive services include boundary surveys, topographic and site planning surveys, ALTA (American Land Title Association) / ACSM (American Congress on Surveying and Mapping) surveys, construction staking, and other essential survey solutions for permitting, financing, and construction across city, county, and commercial sectors.

    ZenaTech’s Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone’s multifunction AI autonomous drones.

    The company has closed five acquisitions across the US to date as part of its DaaS business model and strategy and has announced it plans to complete 20 more acquisitions in the next 12 months. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Ondas Holdings Inc. (NASDAQ: ONDS), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, recently announced that its subsidiary, American Robotics Inc., has entered into a strategic partnership with Mistral Inc. (“Mistral”), a Maryland-based business development and defense contracting firm. The agreement focuses on joint marketing, sales, and integration of the Optimus drone system and Iron Drone Raider into the United States defense and homeland security markets.

    Under the agreement, Mistral will support American Robotics’ business development by opening sales channels through its well-established relationships with U.S. governmental buyers, including federal, state, local law enforcement, military, and homeland security entities. The initial term of the agreement is three years, with an automatic renewal option and a structured success fee model based on realized sales.

    AeroVironment, Inc. (NASDAQ: AVAV) (“AeroVironment” or the “Company”) recently reported financial results for the fiscal fourth quarter and year ended April 30, 2025.

    Fourth Quarter and Fiscal Year Highlights Were: Record fourth quarter revenue of $275.1 million and fiscal year revenue of $820.6, up 40% and 14% year-over-year, respectively; Fourth quarter and fiscal year net income of $16.7 million and $43.6 million, respectively and record fourth quarter and fiscal year non-GAAP adjusted EBITDA of $61.6 million and $146.4 million, respectively; and Record fiscal year bookings of $1.2 billion

    “AeroVironment finished out fiscal year 2025 with a remarkable fourth quarter, which included record revenue, significantly higher profits and a robust backlog nearly double that from fiscal year 2024,” said Wahid Nawabi, AeroVironment chairman, president and chief executive officer. “The investments we’ve consistently made in our multi-generational Uncrewed Systems and Loitering Munition Systems products coupled with our strong execution, continue to pay off, as evidenced by significantly higher demand and key strategic wins leading to a record $1.2 billion in total bookings throughout this fiscal year.”

    Nawabi continued, “Our acquisition of BlueHalo further advances our leadership position within the defense-technology sector by adding a complementary portfolio of innovative products and capabilities aligned to our customers’ highest priorities. With integrated solutions across every domain of modern warfare, enhanced innovation and domestic manufacturing scale, we believe we are well positioned to meet the rising demand across the globe and drive strong growth and value creation in fiscal year 2026 and beyond.”

    AIRO Group Holdings, Inc. (NASDAQ: AIRO) recently announced that Company executives, including Executive Chairman and Co-Founder Dr. Chirinjeev Kathuria and CEO and Co-Founder Joe Burns, attended the 55th edition of the Paris Air Show, which took place from June 16 to June 22, 2025, in Paris, France.

    Shares of AIRO common stock began trading on the Nasdaq Global Market under the ticker symbol “AIRO” on June 13, 2025. AIRO’s market debut comes amid strong historical financial performance for the Company and underscores its commitment to an integrated portfolio of cutting-edge technologies, including the development of fully autonomous AI-enabled surveillance drones, eVTOL hybrid and electric cargo aircraft, advanced avionics systems and comprehensive flight operations training solutions. In 2024, AIRO achieved over $86 million in revenue, reflecting growth of more than 100% from the previous year. This increase is attributed to an increase in drone shipments and support revenue driven by market entry strategies to target NATO member countries.

    “The strength of AIRO lies in its diversified yet complementary portfolio of products and services, all centered around a unified aerospace and defense ecosystem,” said Executive Chairman, Dr. Chirinjeev Kathuria. “AIRO’s complementary business segments, with strategic locations in the US, Canada, and Europe, provide unparalleled access for our global client base. With significant year-over-year revenue and EBITDA growth, we believe our offerings are essential for both current and future operational landscapes.”

    EHang Holdings Limited (NASDAQ: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, recently announced the expansion of its strategic partnership with Gotion High-Tech Co., Ltd. (“Gotion”), a leading innovator in power battery solutions. Building on a power system framework agreement signed in December 2023, this enhanced collaboration marks a significant step forward in powering the electric vertical take-off and landing (“eVTOL”) aircraft. Under the upgraded partnership, the two companies will jointly advance the development of power systems for EHang’s flagship EH216 series of pilotless eVTOL aircraft, with plans to extend their collaboration to future aircraft models. By leveraging cutting-edge battery technologies, the partnership aims to accelerate the advancement of a safe, intelligent, and sustainable low-altitude transportation ecosystem and contribute to the high-quality development of the low-altitude economy.

    As part of the agreement, Gotion will deliver a customized battery solution tailored to the EH216 series. At the core of the solution is Gotion’s newly developed 46-series cylindrical battery cell, which offers high energy density and robust power output. The next-generation battery system is expected to significantly enhance the EH216 series aircraft in flight range, thrust performance, and operational safety — further improving the aircraft’s efficiency across a variety of use cases and strengthening its readiness for future scaled commercial deployment.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

    Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia

    Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: Rising Demand for Drones for Commercial & Military Applications Becoming a Booming Revenue Opportunity

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., June 26, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Unmanned Aerial Vehicle (UAV) imagery service providers have been offering innovative opportunities for businesses in the construction & agriculture industries and widening their potential application base to enable predictive and actuation capabilities. These capabilities offer significant advantages, such as quality improvements, risk mitigation, and cost reduction, thereby providing a competitive advantage to adopters. Drones and their sensors provide companies with significant data, multiplying applications and capabilities within their business processes. Analyzing the obtained information improves predictive/preventive maintenance and operational intelligence. Companies increasingly adopt data management platforms to process and analyze information for detecting and classifying notable events and creating reports. A report from Grand View Research said that the global drone data services market size is anticipated to grow at a CAGR of 39.0% through 2030. The market growth is attributed to the increasing need for drone information analysis amongst businesses worldwide to perform various critical tasks remotely, such as automated mapping, cadastral surveying, corridor surveying, volumetric calculations, and LiDAR mapping. Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Ondas Holdings Inc. (NASDAQ: ONDS), AeroVironment, Inc. (NASDAQ: AVAV), AIRO Group Holdings, Inc. (NASDAQ: AIRO), EHang Holdings Limited (NASDAQ: EH).

    The Grand View Research report said: “Drone data service providers are expected to gain prominence by empowering companies globally to utilize UAV imagery better. This can be achieved by converting it into actionable information in simple 3D models, Digital Elevation Models (DEMs), and orthomosaic maps. An increasing number of companies are now seeking to enter the UAV software space and develop software to provide aerial imagery analysis and mapping solutions for the commercial sector. Businesses worldwide are increasingly using drones across a wide range of industries. Farmers are utilizing maps generated with drone software to identify areas of damage & crop variation, diagnose the potential causes for damages, such as pests, equipment malfunctioning, and irrigation problems, and prescribe solutions such as variable-rate nitrogen applications. The 3D modeling & DEM segment is expected to grow at the fastest CAGR of 40.5% during the forecast period. The advancements in drone technology have enabled the collection of high-resolution aerial data, which can be processed to create detailed and precise 3D models and DEMs. It has significantly enhanced the accuracy and efficiency of data analysis and decision-making processes in industries that rely on geospatial information.”

    ZenaTech (NASDAQ:ZENA) Signs Offer to Acquire North Carolina Land Surveying Company to Expand State Operations and Government Customers – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, announces it has signed an offer to acquire a well-established North Carolina-based land surveying company with a strong government customer base. The proposed acquisition expands operations in the state when combined with a previously announced proposed land survey acquisition with operations in North Carolina. With over three decades of success serving government agencies, municipal governments, construction companies, and real estate developers, this strategic acquisition would significantly advance the company’s regional market penetration as well as growth in the US Southeast.

    “This proposed acquisition aligns with our strategy to build a robust, scalable, national Drone as a Service business while empowering strong regional and local hubs and recurring revenue opportunities,” said Shaun Passley, Ph.D., ZenaTech CEO. “We plan to embed AI-powered drone technology into critical land survey workflows providing unparalleled speed and precision. Land surveys are a first step to innovating multiple legacy businesses and inefficient processes with our DaaS model and our drones.”

    The land survey company offers comprehensive services include boundary surveys, topographic and site planning surveys, ALTA (American Land Title Association) / ACSM (American Congress on Surveying and Mapping) surveys, construction staking, and other essential survey solutions for permitting, financing, and construction across city, county, and commercial sectors.

    ZenaTech’s Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone’s multifunction AI autonomous drones.

    The company has closed five acquisitions across the US to date as part of its DaaS business model and strategy and has announced it plans to complete 20 more acquisitions in the next 12 months. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Ondas Holdings Inc. (NASDAQ: ONDS), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, recently announced that its subsidiary, American Robotics Inc., has entered into a strategic partnership with Mistral Inc. (“Mistral”), a Maryland-based business development and defense contracting firm. The agreement focuses on joint marketing, sales, and integration of the Optimus drone system and Iron Drone Raider into the United States defense and homeland security markets.

    Under the agreement, Mistral will support American Robotics’ business development by opening sales channels through its well-established relationships with U.S. governmental buyers, including federal, state, local law enforcement, military, and homeland security entities. The initial term of the agreement is three years, with an automatic renewal option and a structured success fee model based on realized sales.

    AeroVironment, Inc. (NASDAQ: AVAV) (“AeroVironment” or the “Company”) recently reported financial results for the fiscal fourth quarter and year ended April 30, 2025.

    Fourth Quarter and Fiscal Year Highlights Were: Record fourth quarter revenue of $275.1 million and fiscal year revenue of $820.6, up 40% and 14% year-over-year, respectively; Fourth quarter and fiscal year net income of $16.7 million and $43.6 million, respectively and record fourth quarter and fiscal year non-GAAP adjusted EBITDA of $61.6 million and $146.4 million, respectively; and Record fiscal year bookings of $1.2 billion

    “AeroVironment finished out fiscal year 2025 with a remarkable fourth quarter, which included record revenue, significantly higher profits and a robust backlog nearly double that from fiscal year 2024,” said Wahid Nawabi, AeroVironment chairman, president and chief executive officer. “The investments we’ve consistently made in our multi-generational Uncrewed Systems and Loitering Munition Systems products coupled with our strong execution, continue to pay off, as evidenced by significantly higher demand and key strategic wins leading to a record $1.2 billion in total bookings throughout this fiscal year.”

    Nawabi continued, “Our acquisition of BlueHalo further advances our leadership position within the defense-technology sector by adding a complementary portfolio of innovative products and capabilities aligned to our customers’ highest priorities. With integrated solutions across every domain of modern warfare, enhanced innovation and domestic manufacturing scale, we believe we are well positioned to meet the rising demand across the globe and drive strong growth and value creation in fiscal year 2026 and beyond.”

    AIRO Group Holdings, Inc. (NASDAQ: AIRO) recently announced that Company executives, including Executive Chairman and Co-Founder Dr. Chirinjeev Kathuria and CEO and Co-Founder Joe Burns, attended the 55th edition of the Paris Air Show, which took place from June 16 to June 22, 2025, in Paris, France.

    Shares of AIRO common stock began trading on the Nasdaq Global Market under the ticker symbol “AIRO” on June 13, 2025. AIRO’s market debut comes amid strong historical financial performance for the Company and underscores its commitment to an integrated portfolio of cutting-edge technologies, including the development of fully autonomous AI-enabled surveillance drones, eVTOL hybrid and electric cargo aircraft, advanced avionics systems and comprehensive flight operations training solutions. In 2024, AIRO achieved over $86 million in revenue, reflecting growth of more than 100% from the previous year. This increase is attributed to an increase in drone shipments and support revenue driven by market entry strategies to target NATO member countries.

    “The strength of AIRO lies in its diversified yet complementary portfolio of products and services, all centered around a unified aerospace and defense ecosystem,” said Executive Chairman, Dr. Chirinjeev Kathuria. “AIRO’s complementary business segments, with strategic locations in the US, Canada, and Europe, provide unparalleled access for our global client base. With significant year-over-year revenue and EBITDA growth, we believe our offerings are essential for both current and future operational landscapes.”

    EHang Holdings Limited (NASDAQ: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, recently announced the expansion of its strategic partnership with Gotion High-Tech Co., Ltd. (“Gotion”), a leading innovator in power battery solutions. Building on a power system framework agreement signed in December 2023, this enhanced collaboration marks a significant step forward in powering the electric vertical take-off and landing (“eVTOL”) aircraft. Under the upgraded partnership, the two companies will jointly advance the development of power systems for EHang’s flagship EH216 series of pilotless eVTOL aircraft, with plans to extend their collaboration to future aircraft models. By leveraging cutting-edge battery technologies, the partnership aims to accelerate the advancement of a safe, intelligent, and sustainable low-altitude transportation ecosystem and contribute to the high-quality development of the low-altitude economy.

    As part of the agreement, Gotion will deliver a customized battery solution tailored to the EH216 series. At the core of the solution is Gotion’s newly developed 46-series cylindrical battery cell, which offers high energy density and robust power output. The next-generation battery system is expected to significantly enhance the EH216 series aircraft in flight range, thrust performance, and operational safety — further improving the aircraft’s efficiency across a variety of use cases and strengthening its readiness for future scaled commercial deployment.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

    Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia

    Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

    Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: Micron Elevates PC Performance, Unveils Adaptive Write Technology and G9 QLC NAND

    Source: GlobeNewswire (MIL-OSI)

    A Media Snippet accompanying this announcement is available in this link.

    BOISE, Idaho, June 26, 2025 (GLOBE NEWSWIRE) — SSDs are vital to enhancing user experience and system performance for PCs and client devices. Micron Technology, Inc. (Nasdaq: MU) today announced the Micron 2600 NVMe™ SSD, a value client storage solution designed for OEMs. Built with the industry’s first 9th-generation QLC NAND in an SSD, the 2600 SSD features Micron’s innovative Adaptive Write Technology™ (AWT) to deliver exceptional PCIe Gen4 performance with QLC economics.1 The Micron 2600 SSD achieves up to 63% faster sequential write and 49% faster random write speeds than competing value QLC and TLC SSDs,2 offering a best-in-class user experience for demanding client users.

    “The Micron 2600 QLC SSD achieves superior performance compared to competitive value TLC drives,” said Mark Montierth, corporate vice president and general manager of the Mobile and Client Business Unit at Micron Technology. “Micron’s unparalleled combination of high-performance G9 NAND and innovative Adaptive Write Technology unlocks the performance previously only considered possible with TLC drives and is in qualification with Micron’s OEM customers. This Micron innovation milestone allows for broader commercial adoption of QLC NAND.”

    Optimized QLC NAND performance 

    Micron AWT improves the write performance of QLC NAND by delivering an industry-first multi-tiered SLC, TLC and QLC dynamic caching architecture to improve sequential write speeds. Improved write performance provides up to four times faster sequential write speeds while continuously writing up to 800GB of data to a 2TB SSD.3

    The cutting-edge six-plane NAND architecture of Micron’s 2Tb G9 QLC NAND allows for higher degrees of parallelism and increases read and write commands issued to the NAND simultaneously to improve performance. With speeds up to 3.6 GB/s, the 2600 SSD offers the fastest NAND I/O rate now shipping in a client SSD.4

    Storage matters
    Powerful PC storage solutions enable improved application productivity and optimized user experience. The Micron 2600 SSD transforms everyday computing experiences, significantly boosting productivity for commonly used applications.

    • Enhanced performance: The 2600 SSD accelerates data access, along with read and write speeds, leading to quicker boot times, faster application launch time and enhanced system responsiveness. Reduced OS image installation time ensures more efficient manufacturing process and fast commercial PC drive imaging for IT departments.
    • AI PC applications: Storage performance is a key contributor to advancements in AI-driven applications. The 2600 SSD’s fast read access allows AI models to be loaded quickly, enabling seamless transitions between tasks.
    • User experience: AWT helps ensure active data is optimally stored in the SSD, resulting in smoother performance for content creation, casual gaming and everyday computing. In PCMark® 10 testing, the 2600 SSD achieved up to 44% better scoring and 43% better bandwidth versus competitive value TLC SSDs, helping demonstrate the excellent user experience provided by the 2600 SSD.5

    The Micron 2600 NVMe SSD is now shipping to OEMs globally in 22x30mm, 22x42mm, and 22x80mm form factors, with capacities ranging from 512GB to 2TB. The variation of smaller form factors, capacity options and a single-sided design is perfect for handhelds, ultra-thin laptops and workstations. For example, the compact 2TB, 22x30mm form factor is ultra-small and high-capacity for use in limited-space designs such as handheld gaming devices.

    For more information, visit the Micron 2600 Client SSD webpage.

    Industry quotes

    “The Micron 2600 QLC SSD is one of the best examples of client storage, bringing high-capacity, efficient and responsive performance to modern computing. As AMD advances processor technology, Micron’s innovations help users get the best possible user experience for everyday applications,” said Joe Macri, senior vice president and chief technology officer of Compute and Graphics at AMD.

    “Building upon Micron’s legacy of NAND innovation, the Micron G9 QLC NAND has the potential to set a new level of performance for QLC NAND. As part of our ongoing collaborative efforts, IBM is eager for the opportunity to integrate this exceptional NAND into our products,” said Alistair Symon, vice president of Storage Systems Development at IBM Storage.

    “The Micron 2600 SSD is a groundbreaking product that showcases the power and potential of Intel’s latest technology. We are excited to see this innovative solution transform the industry and drive new levels of performance for value SSDs on Intel Platforms. Furthermore, the Micron 2600 SSD is now included on Intel’s Platform Component List (PCL),” said Todd Lewellen, vice president of the Client Ecosystem Group at Intel.

    “The Micron 2600 SSD, powered by Phison’s industry-leading E29T controller, supports high NAND flash speeds, redefining user experiences for value-based client SSDs. In the data center storage realm, Micron’s G9 QLC NAND marks a significant technological advancement that will bolster our lightning-fast Pascari enterprise drives,” said K.S. Pua, chief executive officer at Phison.

    “Micron G9 QLC NAND is a substantial leap forward in QLC NAND technology. Pure Storage continues to lead the way in QLC NAND deployment for the enterprise, and now for hyperscale customers. The initiation of the testing and implementation phases for the innovative Micron G9 QLC NAND marks a significant milestone for both companies,” said Bill Cerreta, vice president and general manager of Hyperscale at Pure Storage. 

    Additional resources:

    About Micron Technology, Inc.
    Micron Technology, Inc. is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

    © 2025 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

    Micron Product and Technology Communications Contact:
    Mengxi Liu Evensen
    +1 (408) 444-2276
    productandtechnology@micron.com

    Micron Investor Relations Contact
    Satya Kumar
    +1 (408) 450-6199
    satyakumar@micron.com

    1 AWT is available on select 2600 SSD SKUs and may not be available from every OEM.

    2 SSD comparisons are based on currently in-production, commonly available 2TB QLC & value TLC NAND client SSDs from the top five competitive suppliers of OEM SSDs by revenue (using 1TB where the supplier does not offer 2TB), excluding consoles and Apple® products, as per Forward Insights analyst report, “SSD Supplier Status Q1/25”. Performance comparisons are based on publicly available data sheet information.

    3 Refers to rated capacity, formatted capacity will be less, 1TB = 1 trillion bytes. AWT accelerates large file transfers for 40% of the SSD capacity based on internal Micron testing results.

    4 Statements are based on publicly available information and Micron lab testing results available at the time of product announcement. NAND analysis based on production NAND from the top five competitive NAND suppliers, as noted in the Forward Insights analyst report, “NAND Quarterly Insights Q1/25.” SSD analysis is based on currently in-production, commonly available 2TB QLC & value TLC client SSDs from the top five competitive suppliers of OEM SSDs by revenue (using 1TB where the supplier does not offer 2TB), excluding consoles and Apple® products, as per Forward Insights analyst report, “SSD Supplier Status Q1/25.”

    5 The PCMark 10 Full System Drive Benchmark suite uses a wide-ranging set of real-world traces from popular applications such as Adobe and Microsoft, along with PC games such as Call of Duty, to fully test common tasks and performance of the fastest modern drives.

    The MIL Network –

  • MIL-OSI: Micron Elevates PC Performance, Unveils Adaptive Write Technology and G9 QLC NAND

    Source: GlobeNewswire (MIL-OSI)

    A Media Snippet accompanying this announcement is available in this link.

    BOISE, Idaho, June 26, 2025 (GLOBE NEWSWIRE) — SSDs are vital to enhancing user experience and system performance for PCs and client devices. Micron Technology, Inc. (Nasdaq: MU) today announced the Micron 2600 NVMe™ SSD, a value client storage solution designed for OEMs. Built with the industry’s first 9th-generation QLC NAND in an SSD, the 2600 SSD features Micron’s innovative Adaptive Write Technology™ (AWT) to deliver exceptional PCIe Gen4 performance with QLC economics.1 The Micron 2600 SSD achieves up to 63% faster sequential write and 49% faster random write speeds than competing value QLC and TLC SSDs,2 offering a best-in-class user experience for demanding client users.

    “The Micron 2600 QLC SSD achieves superior performance compared to competitive value TLC drives,” said Mark Montierth, corporate vice president and general manager of the Mobile and Client Business Unit at Micron Technology. “Micron’s unparalleled combination of high-performance G9 NAND and innovative Adaptive Write Technology unlocks the performance previously only considered possible with TLC drives and is in qualification with Micron’s OEM customers. This Micron innovation milestone allows for broader commercial adoption of QLC NAND.”

    Optimized QLC NAND performance 

    Micron AWT improves the write performance of QLC NAND by delivering an industry-first multi-tiered SLC, TLC and QLC dynamic caching architecture to improve sequential write speeds. Improved write performance provides up to four times faster sequential write speeds while continuously writing up to 800GB of data to a 2TB SSD.3

    The cutting-edge six-plane NAND architecture of Micron’s 2Tb G9 QLC NAND allows for higher degrees of parallelism and increases read and write commands issued to the NAND simultaneously to improve performance. With speeds up to 3.6 GB/s, the 2600 SSD offers the fastest NAND I/O rate now shipping in a client SSD.4

    Storage matters
    Powerful PC storage solutions enable improved application productivity and optimized user experience. The Micron 2600 SSD transforms everyday computing experiences, significantly boosting productivity for commonly used applications.

    • Enhanced performance: The 2600 SSD accelerates data access, along with read and write speeds, leading to quicker boot times, faster application launch time and enhanced system responsiveness. Reduced OS image installation time ensures more efficient manufacturing process and fast commercial PC drive imaging for IT departments.
    • AI PC applications: Storage performance is a key contributor to advancements in AI-driven applications. The 2600 SSD’s fast read access allows AI models to be loaded quickly, enabling seamless transitions between tasks.
    • User experience: AWT helps ensure active data is optimally stored in the SSD, resulting in smoother performance for content creation, casual gaming and everyday computing. In PCMark® 10 testing, the 2600 SSD achieved up to 44% better scoring and 43% better bandwidth versus competitive value TLC SSDs, helping demonstrate the excellent user experience provided by the 2600 SSD.5

    The Micron 2600 NVMe SSD is now shipping to OEMs globally in 22x30mm, 22x42mm, and 22x80mm form factors, with capacities ranging from 512GB to 2TB. The variation of smaller form factors, capacity options and a single-sided design is perfect for handhelds, ultra-thin laptops and workstations. For example, the compact 2TB, 22x30mm form factor is ultra-small and high-capacity for use in limited-space designs such as handheld gaming devices.

    For more information, visit the Micron 2600 Client SSD webpage.

    Industry quotes

    “The Micron 2600 QLC SSD is one of the best examples of client storage, bringing high-capacity, efficient and responsive performance to modern computing. As AMD advances processor technology, Micron’s innovations help users get the best possible user experience for everyday applications,” said Joe Macri, senior vice president and chief technology officer of Compute and Graphics at AMD.

    “Building upon Micron’s legacy of NAND innovation, the Micron G9 QLC NAND has the potential to set a new level of performance for QLC NAND. As part of our ongoing collaborative efforts, IBM is eager for the opportunity to integrate this exceptional NAND into our products,” said Alistair Symon, vice president of Storage Systems Development at IBM Storage.

    “The Micron 2600 SSD is a groundbreaking product that showcases the power and potential of Intel’s latest technology. We are excited to see this innovative solution transform the industry and drive new levels of performance for value SSDs on Intel Platforms. Furthermore, the Micron 2600 SSD is now included on Intel’s Platform Component List (PCL),” said Todd Lewellen, vice president of the Client Ecosystem Group at Intel.

    “The Micron 2600 SSD, powered by Phison’s industry-leading E29T controller, supports high NAND flash speeds, redefining user experiences for value-based client SSDs. In the data center storage realm, Micron’s G9 QLC NAND marks a significant technological advancement that will bolster our lightning-fast Pascari enterprise drives,” said K.S. Pua, chief executive officer at Phison.

    “Micron G9 QLC NAND is a substantial leap forward in QLC NAND technology. Pure Storage continues to lead the way in QLC NAND deployment for the enterprise, and now for hyperscale customers. The initiation of the testing and implementation phases for the innovative Micron G9 QLC NAND marks a significant milestone for both companies,” said Bill Cerreta, vice president and general manager of Hyperscale at Pure Storage. 

    Additional resources:

    About Micron Technology, Inc.
    Micron Technology, Inc. is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

    © 2025 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

    Micron Product and Technology Communications Contact:
    Mengxi Liu Evensen
    +1 (408) 444-2276
    productandtechnology@micron.com

    Micron Investor Relations Contact
    Satya Kumar
    +1 (408) 450-6199
    satyakumar@micron.com

    1 AWT is available on select 2600 SSD SKUs and may not be available from every OEM.

    2 SSD comparisons are based on currently in-production, commonly available 2TB QLC & value TLC NAND client SSDs from the top five competitive suppliers of OEM SSDs by revenue (using 1TB where the supplier does not offer 2TB), excluding consoles and Apple® products, as per Forward Insights analyst report, “SSD Supplier Status Q1/25”. Performance comparisons are based on publicly available data sheet information.

    3 Refers to rated capacity, formatted capacity will be less, 1TB = 1 trillion bytes. AWT accelerates large file transfers for 40% of the SSD capacity based on internal Micron testing results.

    4 Statements are based on publicly available information and Micron lab testing results available at the time of product announcement. NAND analysis based on production NAND from the top five competitive NAND suppliers, as noted in the Forward Insights analyst report, “NAND Quarterly Insights Q1/25.” SSD analysis is based on currently in-production, commonly available 2TB QLC & value TLC client SSDs from the top five competitive suppliers of OEM SSDs by revenue (using 1TB where the supplier does not offer 2TB), excluding consoles and Apple® products, as per Forward Insights analyst report, “SSD Supplier Status Q1/25.”

    5 The PCMark 10 Full System Drive Benchmark suite uses a wide-ranging set of real-world traces from popular applications such as Adobe and Microsoft, along with PC games such as Call of Duty, to fully test common tasks and performance of the fastest modern drives.

    The MIL Network –

  • MIL-OSI Africa: Rwanda: African Development Bank kickstarts pioneering cable car project in Kigali

    Source: Africa Press Organisation – English (2) – Report:

    The African Development Bank (www.AfDB.org) has approved a grant of $500,000 to undertake a feasibility study into the first phase of a cable car transport network in Kigali, that will be sub-Saharan Africa’s first aerial urban transit system.

    The funds, to be sourced from the Bank Group’s Urban and Municipal Development Fund (https://apo-opa.co/45CiDm9), are expected to help pave the way for the Kigali Urban Cable Car Project, a 5.5 km mobility initiative valued at $100 million and promising to ease the city’s traffic congestion, reduce greenhouse gas emissions, and connect underserved communities to jobs and essential services.

    The Urban and Municipal Development Fund (UMDF) is a trust fund hosted by the African Development Bank, which provides direct support to cities, to mobilize funding and technical assistance, develop partnerships, city engagement, project identification and investment.

    Phase 1 of the project will comprise two critical transit corridors: Nyabugogo Taxi Park to the Central Business District (CBD) Hub; and the Kigali Convention Center to Kigali Sports City, connecting public landmarks such as Amahoro Stadium, BK Arena, and the newly developed Zaria Court.

    The feasibility study is expected to position the project to attract international investment, including through platforms such as the Africa Investment Forum (AIF). The UMDF provided funding for the feasibility of another project in the country, the Kigali Urban Transport Improvement project, to help attract critical investment.

    Construction is expected to begin in late 2026, with commissioning scheduled for 2028. Once complete, the cable car will convey over 50,000 passengers a day on a 15-minute end-to-end journey, integrating into the city’s existing transport infrastructure.

    African Development Bank Group president Dr. Akinwumi Adesina, said: “This transformative project aligns perfectly with the Bank’s vision for sustainable, green climate-resilient urban mobility infrastructure, and with the Bank’s Ten-Year Strategy, which focuses on urbanization, and the Alliance for Green Infrastructure in Africa (AGIA), a global partnership initiative driven by the African Development Bank Group, Africa50 and the African Union. By financing Rwanda’s urban cable car system, we are investing in a scalable model of low-carbon, inclusive public transport that cities across Africa can emulate.”

    The project is anchored in Rwanda’s Green Taxonomy, E-mobility Strategy, and Climate and Nature Finance Strategy (CNFS) and aligns closely with Rwanda’s national climate objectives, which target a 38% reduction in carbon emissions by 2030 and carbon neutrality by 2050.

    The project implementation is expected to follow a Public-Private Partnership model, according to  Imena Munyampenda, the Director General of Rwanda Transport Development Agency.  

    The feasibility study plans to draw lessons from successful cable car systems in La Paz, Bolivia, and Singapore. The system will prioritize access for the disabled, employment opportunities for girls, women and low-income residents; and job creation, capacity building and technology transfer.

    “This pioneering feasibility study is a game-changing milestone,” said Solomon Quaynor, African Development Bank’s Vice President for Private Sector, Infrastructure, and Industrialization. “Through the UMDF, AfDB is laying the foundation for an investment-ready green infrastructure asset that offers both impact and returns.”

    Blended Financing

    The $100 million funding structure will comprise a strategic mix of grants, concessional loans, blended finance, and technical assistance. The UMDF grant will fund an assessment of the project’s viability gap.

    The Rwandan government, the African Development Bank Group, and other development partners, will collaborate to offer blended financing, along with commercial funding from the International Finance Corporation (IFC), Africa50, the Trade and Development Bank (TDB), the Africa Finance Corporation (AFC), as well as private investors and the Alliance for Green Infrastructure in Africa (AGIA). 

    – on behalf of African Development Bank Group (AfDB).

    Media Contact:
    Janet Onyango
    African Development Bank Group 
    media@afdb.org

    Media files

    Download logo

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Dubai-based director who falsified VAT returns banned after his four companies owed HMRC more than £1 million

    Source: United Kingdom – Government Statements

    Press release

    Dubai-based director who falsified VAT returns banned after his four companies owed HMRC more than £1 million

    Director submitted falsified documentation to reclaim VAT

    • Hassan Waqar has been disqualified as a director for 11 years after his four companies reclaimed almost £400,000 in VAT they were not entitled to 

    • The four companies – HN Restaurants Limited, Kiani Construction Limited, Moneemint Ventures Limited and Zoya Investments Limited – submitted falsified documents to HM Revenue and Customs (HMRC) or failed to provide supporting evidence for VAT repayment claims 

    • All four companies were struck-off the Companies House register between February and June 2023, with total debts to HMRC of more than £1.1 million in VAT assessments, penalties and interest

    The boss of four companies which owed HMRC more than £1 million, including £400,000 in VAT they falsely reclaimed, has been banned as a director. 

    Hassan Waqar was the director of HN Restaurants Limited, Kiani Construction Limited and Moneemint Ventures Limited when they submitted falsified documents to HMRC. 

    A fourth company, Zoya Investments Limited, failed to supply evidence to HMRC to support the repayment returns it had submitted. 

    The four companies owed HMRC more than £1.1 million in VAT and penalties when they were all struck-off the Companies House register during the first half of 2023. 

    Waqar, 30, who is now based in Dubai, has been disqualified as a company director for 11 years. 

    Victoria Edgar, Chief Investigator at the Insolvency Service, said: 

    Hassan Waqar submitted falsified documentation for VAT reclamations that his companies were not entitled to receive. 

    Our investigations found that he failed to provide supporting evidence for claims across multiple businesses, with over £1.1 million owed when these companies were struck off the Companies House register in 2023.

    The Insolvency Service is committed to taking action against directors who fail to meet their legal and financial obligations, protecting the integrity of the business environment and the tax system.

    HN Restaurants Limited was set up in May 2020 as a fast-food business. Kiani Construction Limited was a construction company incorporated in August 2021 which was involved in real estate sales. 

    Moneemint Ventures Limited, like HN Restaurants Limited, was established in May 2020, and was described by Waqar as a banking service platform. Zoya Investments Limited, incorporated in March 2021, traded in carrying out fitouts. 

    The four companies received a total of £396,982 in VAT repayments. 

    HN Restaurants Limited, Kiani Construction Limited and Moneemint Ventures Limited provided invoices to HMRC in support of their claims. HMRC contacted several of the suppliers who confirmed they had not issued the invoices to the companies. 

    Bank statements were provided by HN Restaurants Limited and Moneemint Ventures Limited to HMRC to support the repayment return, but they differed to the ones supplied by the banks. 

    Zoya Investments Limited did not provide any evidence to support its VAT repayment claims. 

    HMRC issued penalties to the four companies totalling £706,692. 

    The four companies were struck-off the Companies House register between February and June 2023. 

    Combined, the four companies owed £1,136,832 in VAT assessments, penalties and interest. 

    The Secretary of State for Business and Trade accepted a disqualification undertaking from Waqar, and his ban started on Thursday 26 June. 

    It prevents him from being involved in the promotion, formation or management of a company, without the permission of the court. 

    HMRC issued a joint and several liability notice to Waqar for HN Restaurants, making him personally responsible for paying the tax debts of the company.

    Further information

    Updates to this page

    Published 26 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: China’s Ministry of Commerce: China is ready to speed up consideration of applications for rare earth metal export licenses

    Translation. Region: Russian Federal

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

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

    BEIJING, June 26 (Xinhua) — China has always attached great importance to maintaining the stability and security of global industrial and supply chains, and has been continuously speeding up the review of rare earth export license applications in accordance with laws and regulations, the Ministry of Commerce said Thursday.

    A certain number of applications that meet the requirements have already been approved in accordance with the law, department spokesman He Yadong said at a regular press briefing, adding that work to review and approve such applications will be continued and strengthened.

    China is willing to strengthen communication and dialogue with relevant countries on export control issues and actively promote trade facilitation within the framework of regulatory requirements, He Yadong added. -0-

    MIL OSI Russia News –

  • MIL-OSI Analysis: Yelp’s addition of a ‘Black-owned’ tag led to a slight drop in business ratings in Detroit

    Source: The Conversation – USA – By Matthew Bui, Assistant Professor of Information and Digital Studies, University of Michigan

    Yelp’s Black-owned tag was designed to help business owners like Don Studvent attract more customers. His restaurant closed in 2018 after nine years in business. AP Photo/Carlos Osorio

    When the online review platform Yelp added a “Black-owned” tag in 2020, it boosted the visibility of Black-owned restaurants in Detroit. It also caused their ratings to drop, according to our recent study.

    Both local and nonlocal reviewers who showed awareness of a restaurant’s Black ownership rated restaurants 3.03 stars on average. Those who did not acknowledge Black ownership gave a rating of 3.78 stars on average. The tag seems to have caused the average rating to drop by attracting more reviewers who were aware of Black ownership.

    Why it matters

    Technology companies often introduce new features and tools to influence user behavior and make their platforms more usable.

    Although Yelp intended to support Black communities with the Black-owned tag, the design intervention was harmful to Black restaurant owners in Detroit because Yelp failed to consider platform and community-based factors that significantly shape user interactions.

    Yelp’s user base is predominantly white, educated and affluent. Making Detroit’s Black-owned restaurants more visible to Yelp users may have amplified cross-cultural interactions and frictions. For example, non-Black users sometimes mentioned “slower” and “rude” service as justifications for lower ratings. Close readings of these reviews hinted at intercultural and communicative clashes.

    And even businesses that don’t select the tag are identified within searches as Black-owned, based on user reviews and relevant links. Yelp doesn’t provide a way for the business to opt out of these search results.

    How we did our work

    To examine the local impacts of Yelp’s Black-owned tag, we collected over 250,000 Yelp reviews of Black- and non-Black-owned restaurants in Detroit and Los Angeles.

    We identified Black-owned restaurants through community-sourced lists for Detroit and Los Angeles and then generated a random sample for the non-Black-owned restaurants.

    We then identified reviews that explicitly noted “Black ownership” for closer analysis.

    Detroit’s Black-owned businesses saw a greater loss in business compared with “ownership-unreported” restaurants during the COVID-19 pandemic. This means they also potentially had more to gain from the new tag.

    We found the awareness of Black ownership on Yelp significantly increased following Yelp’s addition of the Black-owned tag in June 2020. A year after the tag was added, reviews in Detroit mentioned Black ownership 4.3% more often than a year before it was rolled out.

    Detroit Black-owned restaurants also saw a small temporary spike in their number of reviews, largely around the time Yelp added the Black-owned tag. At the same time, the restaurants’ average star ratings dropped from 3.91 to 3.88. In contrast, non-Black-owned restaurants’ ratings stayed relatively steady at 3.90.

    This metric is an aggregate of all Detroit restaurants’ Yelp reviews over their entire existence, so a .03-star rating change is small but significant.

    Even minor changes to star ratings affect the number of diners restaurants attract, their earning potential and the likelihood they will sell out of food.

    Adding obstacles in digital platforms serves to reproduce and amplify inequalities these businesses already face, rather than alleviate them. For example, Black-owned businesses have a harder time getting loans and are relatively underrepresented in Michigan as a whole.

    These findings may seem surprising given that Detroit is a majority Black city. However, Black users on Yelp are a minority. Keeping in mind the skewed user base of Yelp, we hypothesize the lower reviews for businesses featuring a Black-owned tag reflect existing racial and digital divides in the city.

    Generally, our study provides additional evidence that digital interventions are not “one-size-fits-all,” nor is digital visibility inherently positive for all businesses.

    The Research Brief is a short take on interesting academic work.

    This research was supported by a research grant from the Ewing Marion Kauffman Foundation.

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

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

    – ref. Yelp’s addition of a ‘Black-owned’ tag led to a slight drop in business ratings in Detroit – https://theconversation.com/yelps-addition-of-a-black-owned-tag-led-to-a-slight-drop-in-business-ratings-in-detroit-256306

    MIL OSI Analysis –

  • MIL-OSI Analysis: Yelp’s addition of a ‘Black-owned’ tag led to a slight drop in business ratings in Detroit

    Source: The Conversation – USA – By Matthew Bui, Assistant Professor of Information and Digital Studies, University of Michigan

    Yelp’s Black-owned tag was designed to help business owners like Don Studvent attract more customers. His restaurant closed in 2018 after nine years in business. AP Photo/Carlos Osorio

    When the online review platform Yelp added a “Black-owned” tag in 2020, it boosted the visibility of Black-owned restaurants in Detroit. It also caused their ratings to drop, according to our recent study.

    Both local and nonlocal reviewers who showed awareness of a restaurant’s Black ownership rated restaurants 3.03 stars on average. Those who did not acknowledge Black ownership gave a rating of 3.78 stars on average. The tag seems to have caused the average rating to drop by attracting more reviewers who were aware of Black ownership.

    Why it matters

    Technology companies often introduce new features and tools to influence user behavior and make their platforms more usable.

    Although Yelp intended to support Black communities with the Black-owned tag, the design intervention was harmful to Black restaurant owners in Detroit because Yelp failed to consider platform and community-based factors that significantly shape user interactions.

    Yelp’s user base is predominantly white, educated and affluent. Making Detroit’s Black-owned restaurants more visible to Yelp users may have amplified cross-cultural interactions and frictions. For example, non-Black users sometimes mentioned “slower” and “rude” service as justifications for lower ratings. Close readings of these reviews hinted at intercultural and communicative clashes.

    And even businesses that don’t select the tag are identified within searches as Black-owned, based on user reviews and relevant links. Yelp doesn’t provide a way for the business to opt out of these search results.

    How we did our work

    To examine the local impacts of Yelp’s Black-owned tag, we collected over 250,000 Yelp reviews of Black- and non-Black-owned restaurants in Detroit and Los Angeles.

    We identified Black-owned restaurants through community-sourced lists for Detroit and Los Angeles and then generated a random sample for the non-Black-owned restaurants.

    We then identified reviews that explicitly noted “Black ownership” for closer analysis.

    Detroit’s Black-owned businesses saw a greater loss in business compared with “ownership-unreported” restaurants during the COVID-19 pandemic. This means they also potentially had more to gain from the new tag.

    We found the awareness of Black ownership on Yelp significantly increased following Yelp’s addition of the Black-owned tag in June 2020. A year after the tag was added, reviews in Detroit mentioned Black ownership 4.3% more often than a year before it was rolled out.

    Detroit Black-owned restaurants also saw a small temporary spike in their number of reviews, largely around the time Yelp added the Black-owned tag. At the same time, the restaurants’ average star ratings dropped from 3.91 to 3.88. In contrast, non-Black-owned restaurants’ ratings stayed relatively steady at 3.90.

    This metric is an aggregate of all Detroit restaurants’ Yelp reviews over their entire existence, so a .03-star rating change is small but significant.

    Even minor changes to star ratings affect the number of diners restaurants attract, their earning potential and the likelihood they will sell out of food.

    Adding obstacles in digital platforms serves to reproduce and amplify inequalities these businesses already face, rather than alleviate them. For example, Black-owned businesses have a harder time getting loans and are relatively underrepresented in Michigan as a whole.

    These findings may seem surprising given that Detroit is a majority Black city. However, Black users on Yelp are a minority. Keeping in mind the skewed user base of Yelp, we hypothesize the lower reviews for businesses featuring a Black-owned tag reflect existing racial and digital divides in the city.

    Generally, our study provides additional evidence that digital interventions are not “one-size-fits-all,” nor is digital visibility inherently positive for all businesses.

    The Research Brief is a short take on interesting academic work.

    This research was supported by a research grant from the Ewing Marion Kauffman Foundation.

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

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

    – ref. Yelp’s addition of a ‘Black-owned’ tag led to a slight drop in business ratings in Detroit – https://theconversation.com/yelps-addition-of-a-black-owned-tag-led-to-a-slight-drop-in-business-ratings-in-detroit-256306

    MIL OSI Analysis –

  • MIL-OSI: VERB’s MARKET.live Tapped to Produce Walmart Livestream for Popular Wellness Brand BelliWelli

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 26, 2025 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live; VANITYPrescribed; GoodGirlRx; and the GO FUND YOURSELF TV Show, today announced its MARKET.live division will produce and host a high-profile Walmart livestream shopping event for gut-health brand BelliWelli.

    The exclusive livestream will air on Walmart.com on Tuesday, July 1, 2025, at 4:00 PM PT, marking BelliWelli’s debut on the platform. The event will be broadcast live from MARKET.live Studios in Los Alamitos, California, utilizing MARKET’s full-service technical production team to deliver a premium livestream shopping experience.

    Katie Wilson, Founder and CEO of BelliWelli, tapped MARKET.live to work with TalkShop Live who has traditionally produced Walmart livestream shopping events. Ms. Wilson will appear live from the MARKET.live studios for the event.

    “We’ve worked with the MARKET.live team before and they always bring the energy, creativity, and technical excellence we need to execute big moments,” said Katie Wilson. “I couldn’t be more excited to bring our Walmart audience along for this exclusive launch — especially with a surprise mystery flavor!”

    “We’re thrilled to support BelliWelli’s Walmart launch by producing the top-tier livestream experience our MARKET.live studio team delivers,” said Rory J. Cutaia, CEO of VERB. “This event with Walmart and BelliWelli is just part of the unprecedented ongoing growth our business is currently experiencing and reinforces our position as the go-to destination for brands looking to scale through interactive video social commerce.”

    The event is part of a growing trend in retail, as major brands and retailers turn to livestream shopping to increase engagement and conversion rates, creating a more dynamic and personalized customer experience. 

    About VERB

    Verb Technology Company, Inc. (Nasdaq: VERB), is transforming the landscape of social commerce, social telehealth and social crowdfunding with MARKET.live, LyveCom, VANITYPrescribed, GoodGirlRx, and the GO FUND YOURSELF TV Show. The Company operates multiple business units, each of which leverages the Company’s social commerce technology and video marketing expertise.

    MARKET.live, together with recently acquired AI social commerce technology innovator LyveCom, is a multi-vendor, livestream social shopping platform that allows brands and merchants to deliver a true omnichannel livestream shopping experience across their own websites, apps, and social platforms. Advanced AI capabilities power real-time user-generated-content creation, automated video content repurposing for high conversion video ads, and AI-powered virtual live shopping hosts that are virtually indistinguishable from human hosts, capable of real-time audience engagement. Brands utilize the Company’s proprietary AI model trained on tens of thousands of video commerce interactions to automate content creation and intelligent tools designed to optimize merchandising strategies and increase conversion rates.

    GO FUND YOURSELF TV Show is a revolutionary interactive social crowd funding platform for public and private companies seeking broad-based exposure for their crowd-funded Regulation CF and Regulation A offerings. The platform combines a ground-breaking interactive national TV show with MARKET.live’s back-end capabilities allowing viewers to tap, scan or click on their screen to facilitate an investment, in real time, as they watch companies presenting before the show’s panel of “Titans”. Presenting companies that sell consumer products are able to offer their products directly to viewers during the show in real time through shoppable onscreen icons.

    VANITYPrescribed.com and GoodGirlRx.com are telehealth portals, intended to redefine telehealth by offering a seamless, digital-first experience that empowers individuals to take control of their healthcare needs. They were designed and developed to disrupt the traditional healthcare model by providing tailored healthcare solutions at affordable, fixed prices – without hidden fees, membership costs, or inflated pharmaceutical markups. GoodGirlRx.com, a partnership with Savannah Chrisley, a well-known lifestyle personality and advocate for health and wellness, offers customers access to convenient, no-hassle telehealth services and pharmaceuticals, including the new weight-loss drugs, with fixed pricing regardless of dosage, breaking away from the industry’s traditional model of excessive pricing and pharmaceutical gatekeeping. 

    The Company is headquartered in Las Vegas, NV and operates full-service production and creator studios in the Los Angeles, California vicinity.

    For more information, please visit: www.verb.tech 

    Follow VERB here: 
    Facebook: https://www.facebook.com/VerbTechCo 
    X: https://twitter.com/VerbTech_Co 
    LinkedIn: https://www.linkedin.com/company/verb-tech 
    YouTube: https://www.youtube.com/channel/UC0eCb_fwQlwEG3ywHDJ4_KQ 
    Sign up for E-mail Alerts here: https://ir.verb.tech/news-events/email-alerts

    FORWARD-LOOKING STATEMENTS
    Statements contained in this press release that are not statements of historical fact are forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, these forward-looking statements can be identified by words such as “anticipate,” “designed,” “expect,” “may,” “will,” “should” and other comparable terms. Forward-looking statements include statements regarding VERB’s intentions, beliefs, projections, outlook, analyses or current expectations and the other risk factors and other cautionary statements included in VERB’s Annual Report on Form 10-K for the year ended December 31, 2024, and its subsequent filings with the Securities and Exchange Commission, including subsequent periodic reports on Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. All forward-looking statements made in this press release speak only as of the date of this press release and are based on management’s assumptions and estimates as of such date. Except as required by law, VERB undertakes no obligation to update or revise forward-looking statements to reflect new information, future events, changed conditions or otherwise after the date of this press release.

    Investor Relations Contact: investors@verb.tech 
    Media Contact: info@verb.tech 

    The MIL Network –

  • MIL-OSI: Abaxx Announces Digital Title Pilot to Unlock the Collateral Value of Physical Commodities Through its Integrated Market Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced it intends to conduct a pilot transaction to finance margin with physical gold using its ID++ Technology to create real-time digital documents of title.

    This pilot will demonstrate the use of Abaxx’s Private Digital Title, a cryptographically-secured document of title for physical gold held at Abaxx Spot, to finance cash margin requirements for a gold futures position. By unlocking the collateral value of real-world assets, the initiative advances Abaxx’s broader effort to modernize collateralization and increase capital efficiency across commodity markets, including the unique ability to move real-time collateral privately through a federated network.

    Abaxx’s Private Digital Title Pilot Highlights

    • Demonstrates the integration of Abaxx Exchange and Clearing, Abaxx Spot, and ID++ Technology, activating the full stack of Abaxx infrastructure to address inefficiencies in commodity markets and supply-chain risk management.
    • Lays the groundwork for expanding the pool of high quality liquid asset (“HQLA”) collateral to include physically-held commodities and for netting physical and financial positions, reducing capital costs and inefficiencies in risk management.
    • Operates across the full commodity transaction lifecycle with integrated counterparty verification that keeps transaction data private from unrelated intermediaries and public ledger records, removing a key barrier to token adoption in global commodity markets.
    • Leverages Verifiable Credentials to issue legally-enforceable digital documents of title, preserving confidentiality, improving collateral mobility, and aligning with global legal standards like the United Nations Commission on International Trade Law’s (UNCITRAL) Model Law on Electronic Transferable Records (MLETR).

    “For decades, innovations in payment systems have accelerated the velocity of money while the immense value of physical assets has remained locked in slow, analog workflows,” said Josh Crumb, CEO of Abaxx Technologies. “What stablecoins and modern payment rails are to bank money, Abaxx is to physical collateral. We are building the tools to free your physical assets. This pilot will be the first end-to-end demonstration of our smarter markets architecture, where regulated market infrastructure and decentralized financial technology work together to turn physical commodities into dynamic, real-time financial instruments at the heart of financial clearing systems.”

    A New Framework for Digital Collateral

    Abaxx’s vision is to re-engineer the relationship between physical assets and financial risk management. To support this transformation, the Company has developed multi-layered market infrastructure designed to connect physical assets to financial workflows, anchored by a regulated futures exchange and clearinghouse, a spot market for physically-allocated gold, and Abaxx’s proprietary ID++ Technology and suite of console apps, including Verifier+, Abaxx Messenger, and Abaxx Sign.

    This infrastructure addresses two persistent challenges for commodity producers, traders, and financiers: limited collateral mobility and the high cost of managing basis and counterparty risk. It seeks to expand the pool of high-quality collateral to include real-world assets and creates the potential to reduce capital and operational costs by enabling the netting of physical and financial positions.

    Legal ownership of physical assets is digitized using Verifiable Credentials as documents of title, unlike tokenization models that rely on centralized issuance or new legal constructs. Abaxx’s approach is designed to reduce legal and operational friction, shorten onboarding timelines, and enable more flexible, direct use of physical commodities as collateral without compromising confidentiality or enforceability.

    The intended result is a system where physical assets support a flexible credit facility, transforming inventory from untapped collateral into a real-time financial resource.

    About the Pilot

    This pilot represents the first application of Abaxx’s Private Digital Title across the Company’s integrated exchange, clearing, and spot market infrastructure. It is intended to demonstrate how a cryptographically-secured Private Digital Title can act as a document of title for physical gold and finance the margin requirements of a gold futures position, replacing traditional warehouse receipts with a legally-enforceable digital document of title.

    As part of this framework, Abaxx’s Private Digital Title can embed legal terms and asset history, including attributes such as its provenance or environmental footprint, directly to the asset’s digital identity, supporting evolving market expectations around traceability.

    By increasing the pool of eligible collateral, increasing collateral mobility, and enhancing transparency, the initiative targets a $47 billion opportunity in gold trade finance¹ and lays the foundation for broader applications across commodity markets.

    Join the Working Group

    This pilot transaction is planned to take place in 4Q2025. Interested parties, including clearing firms, brokers, traders, custodians, banks, and technologists who would like to participate in our working group are invited to contact us at digitaltitle@abaxx.tech for more information.

    ¹ Source: ICC Trade Register Summary Report: Global Risks in Trade Finance, International Chamber of Commerce, November 2023.

    About Abaxx Technologies
    Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.

    In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiary Abaxx Spot Pte. Ltd., the operator of Abaxx Spot.

    Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.

    Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange’s physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.

    For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media

    For more information about this press release, please contact:

    Steve Fray, CFO
    Tel: +1 647-490-1590

    Media and investor inquiries:

    Abaxx Technologies Inc.
    Investor Relations Team
    Tel: +1 246 271 0082
    E-mail: ir@abaxx.tech

    Cautionary Statement Regarding Forward-Looking Information

    This press release includes certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “could”, “target”, “purpose”, “goal”, “objective”, “ongoing”, “potential”, “likely” or the negative thereof or similar expressions.

    In particular, this press release contains forward-looking statements including, without limitation, statements regarding the potential results, benefits and market impact of the pilot transaction, the Company’s business strategies, plans, and objectives, the development of new markets and products, expectations regarding Abaxx’s partnerships, demand for Abaxx’s products and market adoption and regulatory approvals. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; and changes in the price of commodities, capital market conditions, restriction on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

    Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.

    The MIL Network –

  • MIL-OSI USA: LaMalfa, California GOP Delegation Call on Newsom to Halt New Gas Price Hikes

    Source: United States House of Representatives – Congressman Doug LaMalfa 1st District of California

    Washington, D.C.—Congressman Doug LaMalfa (R-Richvale) joined the entire California Republican congressional delegation in sending a letter to Governor Gavin Newsom urging him to immediately suspend a scheduled increase to the state’s gasoline excise tax and pause the implementation of new California Air Resources Board (CARB) regulations projected to significantly raise fuel costs for California drivers.

    Starting July 1, 2025, California is set to raise its gas tax to 61.2 cents per gallon. On the same day, new CARB regulations under the Low Carbon Fuel Standard (LCFS) are set to take effect—regulations estimated by University of Pennsylvania economists to drive fuel prices up by as much as 65 cents per gallon. Combined, these changes will further strain California’s already fragile fuel supply and add more costs for families and businesses across the state.

    “At a time when Californians are already paying $1.44 more per gallon than the national average, the last thing they need is another gas tax hike and a costly new mandate from unelected CARB officials,” said Rep. LaMalfa. “The Phillips 66 refinery is set to close this fall, and Valero’s Benicia facility will follow next spring. Together, those shutdowns will cut California’s refining capacity by over 20 percent. Resulting in less fuel available on the market, higher prices, and more pain for everyone. Instead of addressing this looming supply crisis, the Governor is adding 1.6 cents to the gas tax and letting CARB push through a regulation that is estimated to raise prices by up to 65 cents per gallon. These policies are not just tone-deaf, they’re dangerous to California’s economy. The Governor continues to ignore this reality. Refusing to change course will only make things worse.”

    These price increases come as California faces a looming supply crisis due to the scheduled closures of two major in-state refineries. According to a May 2025 report from the University of Southern California’s Marshall School of Business, the combined shutdown of the Phillips 66 refinery in Los Angeles and the Valero refinery in Benicia could result in a 21% drop in California’s refining capacity. This shortfall is expected to create a gasoline supply deficit of up to 13.1 million gallons per day and push prices as high as $8.43 per gallon by the end of 2026, especially when combined with the effects of new state mandates like the LCFS, Cap-and-Trade expansion, and excise tax increases.

    The USC study also warns that these disruptions will ripple across the economy, impacting air travel, food delivery, agriculture, manufacturing, and healthcare, while placing further pressure on household budgets and reducing state tax revenues at a time when California faces a projected $73 billion budget deficit.

    The California Republican congressional delegation has consistently urged the Governor to suspend the gas tax, address in-state supply constraints, and reject policies that deepen the cost-of-living crisis, but to date continue to be ignored.

    The full text of the letter is available here.

    Congressman Doug LaMalfa is Chairman of the Congressional Western Caucus and a lifelong farmer representing California’s First Congressional District, including Butte, Colusa, Glenn, Lassen, Modoc, Shasta, Siskiyou, Sutter, Tehama and Yuba Counties.

    ###

    MIL OSI USA News –

  • MIL-Evening Report: Grattan on Friday: Jim Chalmers juggles expectations and ambition in pursuing tax reform

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    Next week will be the 40th anniversary of the Hawke government’s tax summit. Dominated by then treasurer Paul Keating’s unsuccessful bid to win support for a consumption tax, it was the public centrepiece of an extraordinary political and policy story.

    That story was about the possibilities for, but constraints on, bold reform; how a determined treasurer can muster a formidable department to push for change, and the way the ambitions of a minister can clash with the pragmatism of a prime minister.

    Ken Henry, later secretary of the treasury, was then part of what they dubbed the “treasury tax reform bunker”. He kept a timesheet, averaging 100 hours work a week for a three-month period. Officials brought sleeping bags and their small children (Henry’s were aged three and five) into the office.

    Before the summit, the government produced a comprehensive draft white paper. Keating battled to keep the conflicting interests “in the cart” for his blueprint. But the four-day summit, attended by business, unions, premiers and community groups, was inevitably divided by stakeholders’ self-interests. In particular, the unions couldn’t wear Keating’s consumption tax, and Bob Hawke kyboshed it unceremoniously. Keating, who had to settle for a more limited but still very significant set of reforms, was furious with Hawke, and it left a fracture in their relationship.

    Jim Chalmers was aged seven in 1985. But he’s a student of Keating (he did his PhD on his prime ministership) and you can be sure he’s boned up on what went right and wrong in that tax reform exercise. Now he is preparing for the government’s August 19-21 “roundtable” and his own bid at major tax reform.

    The roundtable, as first announced, focused on “productivity”, and that will be central. But Chalmers has taken to calling it an “economic reform” roundtable – its brief also includes budget sustainability and resilience – and he is effectively putting tax reform close to its heart, or at least letting others do so. After all, a fit-for-purpose tax system is one key to improving productivity.

    The roundtable (for which invitations to business and the union movement are now going out, with more to follow) is nothing like on the scale, in size (the 1985 summit had about 160 attendees, the roundtable will have about 25) or preparation, of the elaborate 1985 conference.

    And crucially, while that summit was the culmination of a process, Chalmers is using the roundtable to kick off a process.

    Chalmers is lowering expectations in regard to specific outcomes from the summit on tax. While those might be obtainable on some productivity issues, on tax he is likely to look for broad support for a direction of reform. For instance, is there a general appetite for reshaping the tax system towards lower personal and company tax, offset by higher taxes on certain investments and savings? `

    Most tax experts argue Australia’s system is too skewed towards taxing income rather than spending. This leads to calls to increase or broaden the GST, financing cuts to personal income tax.

    Chalmers has been a long-term opponent of changing the GST, but he says he is not ruling the GST out for discussion at the roundtable. (That’s a contrast to when Prime Minister Kevin Rudd, commissioning Henry to lead a major tax review, excluded the GST from its terms of reference.)

    Almost certainly, however, it would not be possible to get “consensus” from business and unions for GST changes. Not least of the constraints is that compensating the losers in such a change is very expensive and there is not the money to do so these days.

    That immediately limits the extent of reform.

    Henry tells The Conversation’s podcast that if he were designing a tax reform package “I’d be looking at opportunities to broaden the GST and maybe to increase the rate as well”.

    But “I do think it is possible to achieve major tax reform […] without necessarily increasing the [GST] rate or extending the base”.

    Henry’s (non-GST) wish list includes getting rid of the remaining state transaction taxes, such as stamp duty on property conveyancing.

    Notably, he argues for extracting more revenue from taxing natural resources and land, and also from taxing pollution from various sources. “We’re going to need to tax those things more heavily if we’re going to relieve the tax burden on young workers through lower personal income tax and introducing tax indexation.”

    Henry is particularly focused on the unfair burden at present put on these younger taxpayers. He has come around to the idea of income tax indexation as one means of assisting them.

    A system more geared to younger workers raises immediate questions about the present generous treatment of superannuants. Chalmers is already caught in that hornets’ nest with his proposed changes for those with balances more than $3 million.

    To what extent will the roundtable tax debate revive the issues of negative gearing and the capital gains tax discount? The government hosed down before the election the prospect of any changes to negative gearing this term. Chalmers, however, had work done on this last term and he would likely favour reining it in. But would this be a bridge too far for the prime minister?

    Indeed, where will Anthony Albanese’s limits be when it comes to reform? Would he only support changes that had strong consensus? And how far would he feel constrained in going beyond what he considers he has a mandate for?

    If Chalmers stays serious about the tax push, it is going to take many months of intense work. It can’t be rushed, but nor can it be delayed. If it ran for much over a year it would likely find the government’s political capital had been eroded. The size of its capital store can appear deceptive because so much of it is thanks to Peter Dutton and Donald Trump.

    In 2022, the Liberals boycotted Labor’s jobs and skills summit (although Nationals leader David Littlepround attended). This time, shadow treasurer Ted O’Brien has accepted Chalmers’ invitation and will participate in the roundtable.

    It will be a tricky gig for O’Brien, new to this shadow portfolio. He has to avoid being too negative, but nor can he endorse things the opposition might later reject. The Coalition will not have a tax policy against which to judge what’s said.

    The occasion will be a chance for O’Brien to make contacts and get more insight into stakeholders’ views on the key economic debates, much wider than just tax.

    Importantly, however, O’Brien will need to remember judgements will be being made about him by other participants in the room. Business in particular will be seeking to get a fix on whether opposition leader Sussan Ley’s declarations about wanting to be constructive where possible are fair dinkum.

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

    – ref. Grattan on Friday: Jim Chalmers juggles expectations and ambition in pursuing tax reform – https://theconversation.com/grattan-on-friday-jim-chalmers-juggles-expectations-and-ambition-in-pursuing-tax-reform-258971

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Grattan on Friday: Jim Chalmers juggles expectations and ambition in pursuing tax reform

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    Next week will be the 40th anniversary of the Hawke government’s tax summit. Dominated by then treasurer Paul Keating’s unsuccessful bid to win support for a consumption tax, it was the public centrepiece of an extraordinary political and policy story.

    That story was about the possibilities for, but constraints on, bold reform; how a determined treasurer can muster a formidable department to push for change, and the way the ambitions of a minister can clash with the pragmatism of a prime minister.

    Ken Henry, later secretary of the treasury, was then part of what they dubbed the “treasury tax reform bunker”. He kept a timesheet, averaging 100 hours work a week for a three-month period. Officials brought sleeping bags and their small children (Henry’s were aged three and five) into the office.

    Before the summit, the government produced a comprehensive draft white paper. Keating battled to keep the conflicting interests “in the cart” for his blueprint. But the four-day summit, attended by business, unions, premiers and community groups, was inevitably divided by stakeholders’ self-interests. In particular, the unions couldn’t wear Keating’s consumption tax, and Bob Hawke kyboshed it unceremoniously. Keating, who had to settle for a more limited but still very significant set of reforms, was furious with Hawke, and it left a fracture in their relationship.

    Jim Chalmers was aged seven in 1985. But he’s a student of Keating (he did his PhD on his prime ministership) and you can be sure he’s boned up on what went right and wrong in that tax reform exercise. Now he is preparing for the government’s August 19-21 “roundtable” and his own bid at major tax reform.

    The roundtable, as first announced, focused on “productivity”, and that will be central. But Chalmers has taken to calling it an “economic reform” roundtable – its brief also includes budget sustainability and resilience – and he is effectively putting tax reform close to its heart, or at least letting others do so. After all, a fit-for-purpose tax system is one key to improving productivity.

    The roundtable (for which invitations to business and the union movement are now going out, with more to follow) is nothing like on the scale, in size (the 1985 summit had about 160 attendees, the roundtable will have about 25) or preparation, of the elaborate 1985 conference.

    And crucially, while that summit was the culmination of a process, Chalmers is using the roundtable to kick off a process.

    Chalmers is lowering expectations in regard to specific outcomes from the summit on tax. While those might be obtainable on some productivity issues, on tax he is likely to look for broad support for a direction of reform. For instance, is there a general appetite for reshaping the tax system towards lower personal and company tax, offset by higher taxes on certain investments and savings? `

    Most tax experts argue Australia’s system is too skewed towards taxing income rather than spending. This leads to calls to increase or broaden the GST, financing cuts to personal income tax.

    Chalmers has been a long-term opponent of changing the GST, but he says he is not ruling the GST out for discussion at the roundtable. (That’s a contrast to when Prime Minister Kevin Rudd, commissioning Henry to lead a major tax review, excluded the GST from its terms of reference.)

    Almost certainly, however, it would not be possible to get “consensus” from business and unions for GST changes. Not least of the constraints is that compensating the losers in such a change is very expensive and there is not the money to do so these days.

    That immediately limits the extent of reform.

    Henry tells The Conversation’s podcast that if he were designing a tax reform package “I’d be looking at opportunities to broaden the GST and maybe to increase the rate as well”.

    But “I do think it is possible to achieve major tax reform […] without necessarily increasing the [GST] rate or extending the base”.

    Henry’s (non-GST) wish list includes getting rid of the remaining state transaction taxes, such as stamp duty on property conveyancing.

    Notably, he argues for extracting more revenue from taxing natural resources and land, and also from taxing pollution from various sources. “We’re going to need to tax those things more heavily if we’re going to relieve the tax burden on young workers through lower personal income tax and introducing tax indexation.”

    Henry is particularly focused on the unfair burden at present put on these younger taxpayers. He has come around to the idea of income tax indexation as one means of assisting them.

    A system more geared to younger workers raises immediate questions about the present generous treatment of superannuants. Chalmers is already caught in that hornets’ nest with his proposed changes for those with balances more than $3 million.

    To what extent will the roundtable tax debate revive the issues of negative gearing and the capital gains tax discount? The government hosed down before the election the prospect of any changes to negative gearing this term. Chalmers, however, had work done on this last term and he would likely favour reining it in. But would this be a bridge too far for the prime minister?

    Indeed, where will Anthony Albanese’s limits be when it comes to reform? Would he only support changes that had strong consensus? And how far would he feel constrained in going beyond what he considers he has a mandate for?

    If Chalmers stays serious about the tax push, it is going to take many months of intense work. It can’t be rushed, but nor can it be delayed. If it ran for much over a year it would likely find the government’s political capital had been eroded. The size of its capital store can appear deceptive because so much of it is thanks to Peter Dutton and Donald Trump.

    In 2022, the Liberals boycotted Labor’s jobs and skills summit (although Nationals leader David Littlepround attended). This time, shadow treasurer Ted O’Brien has accepted Chalmers’ invitation and will participate in the roundtable.

    It will be a tricky gig for O’Brien, new to this shadow portfolio. He has to avoid being too negative, but nor can he endorse things the opposition might later reject. The Coalition will not have a tax policy against which to judge what’s said.

    The occasion will be a chance for O’Brien to make contacts and get more insight into stakeholders’ views on the key economic debates, much wider than just tax.

    Importantly, however, O’Brien will need to remember judgements will be being made about him by other participants in the room. Business in particular will be seeking to get a fix on whether opposition leader Sussan Ley’s declarations about wanting to be constructive where possible are fair dinkum.

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

    – ref. Grattan on Friday: Jim Chalmers juggles expectations and ambition in pursuing tax reform – https://theconversation.com/grattan-on-friday-jim-chalmers-juggles-expectations-and-ambition-in-pursuing-tax-reform-258971

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI United Kingdom: Cases of Salmonella and Campylobacter highest in a decade

    Source: United Kingdom – Executive Government & Departments

    News story

    Cases of Salmonella and Campylobacter highest in a decade

    Both Campylobacter and Salmonella cases show a 17.1% increase from 2023 to 2024.

    The latest UK Health Security Agency (UKHSA) annual data shows a significant rise in Campylobacter and Salmonella infections in England compared to the previous year. UKHSA is reminding people to take precautionary measures against catching these bacteria, which are common causes of food poisoning. Young children, elderly adults and those with weakened immune systems should take extra care as they are at higher risk of developing severe illness.  

    Campylobacter cases have increased by 17.1% from 60,055 in 2023 to 70,352 in 2024, reaching 121.9 reports per 100,000 population. This represents the highest number of cases recorded in the past decade. Adults aged 50 to 79 years account for 44% of all reports. Similarly, Salmonella infections reached a decade high, with a 17.1% increase from 2023, rising from 8,872 cases in 2023 to 10,388 cases in 2024. Children under 10 years old were particularly affected, accounting for 21.5% of cases.  

    Campylobacter and Salmonella infections are usually caught by eating contaminated food, including poultry, meat, eggs, raw fruit or vegetables, and unpasteurised milk products. Infection may also occur through close contact with people with the infection – particularly in household settings – and by cross-contamination in the kitchen, for example when utensils are used for both cooked and uncooked foods.  

    UKHSA and Food Standard Agency (FSA) experts are investigating further with partner agencies to understand the reasons behind this increase in Salmonella and Campylobacter cases. 

    Cases of the parasite Cryptosporidium decreased by 16.4% compared to 2023, with 5,708 cases reported in 2024, although this was the second highest number of cases reported in the past decade. The number of infections in April 2024 were unusually high, associated with large outbreaks linked to lambing events and petting farm venues, and an outbreak in South Devon associated with mains water.

    The 2023 data for Shiga toxin-producing Escherichia coli (STEC) shows a slight decrease of 2.2% compared to 2022 overall. The higher rate in 2022 was likely explained by a large STEC O157 outbreak. In 2023, even if the overall number of STEC cases decreased slightly, the number of STEC non-O157 cases increased by 14% (from 1,988 cases in 2022 to 2,260 cases in 2023). This was likely attributable to an increase in the number of diagnostic laboratories using Polymerase Chain Reaction (PCR) in recent years, which lead to a significant increase in the detection of non-O157 STEC in England. 

    Both Cryptosporidium and STEC can be transmitted through direct or indirect contact with animals or their environments, contact with faeces (such as, during nappy changing), consumption or handling of contaminated food or water, and person-to-person contact.  

    All these gastrointestinal infections can cause similar symptoms, including diarrhoea (sometimes bloody), stomach pains and cramps, vomiting and mild fever. Whilst most people recover within one to two weeks of infection, young children, the elderly and those with weakened immune systems face higher risks of developing serious illness or complications. In severe cases, STEC can cause haemolytic uraemic syndrome (HUS), a serious and potentially life-threatening condition primarily affecting the kidneys.   

    Dr Gauri Godbole, Deputy Director, Gastrointestinal infections at UKHSA said:  

    Our extensive surveillance is showing high levels of gastrointestinal infections in England. We continue to work closely with partners to detect, investigate and halt the spread of infections.

    These infections spread in many ways, including through contaminated food or water, contact with an infected person as well as contact with an infected animal or their environment. Washing hands thoroughly with soap and water, particularly after using the toilet or handling raw meat, before meals and after contact with animals or farms can prevent infections. Additionally, anyone experiencing diarrhoea or vomiting should avoid handling or preparing food for others. Do not return to work, and children should not attend school or nursery, until at least 48 hours after symptoms have subsided.

    Dr James Cooper, Deputy Director of Food Policy at the FSA, said:  

    Public safety is our highest priority. The FSA works closely with UKHSA and other partners to monitor and assess the latest foodborne disease data. We are working together to understand the reasons behind the rise in Campylobacter and Salmonella cases, as well as trends in other pathogens. This analysis will help us take the necessary action to protect public health.   

    We’ve launched a new campaign to help people stay safe – find out more on food.gov.uk. We’re also working with industry and local authorities to support businesses to meet their legal responsibility to make sure food is safe. Consumers can further protect themselves by checking Food Hygiene Ratings on food.gov.uk.   

    When preparing food at home, people can reduce their risk of food poisoning by following good hygiene practices and by following advice on the 4Cs of food hygiene: chilling, cleaning, cooking, and avoiding cross-contamination.

    Following good food hygiene and the 4Cs when preparing food can help protect you and others from food poisoning: 

    • cook food correctly by following the guidance on time and temperature on product labels 

    • chill your food below 5 degrees, this will stop or significantly slow the growth of bacteria 

    • clean food equipment and surfaces thoroughly, this helps to stop harmful bacteria and viruses from spreading onto food 

    • avoid cross-contamination which might lead to bacteria passing from raw foods to ready-to-eat foods via things like re-usable shopping bags, knives and chopping boards, cloths and work surfaces 

    • use food and drink by the ‘use by’ date on the label, even if it looks and smells fine – eating food after this date could put your health at risk as you can not smell or taste bacteria which make you ill 

    • good personal hygiene is essential when you’re preparing food, this will help ensure that bacteria you may have come into contact with isn’t passed to your friends, family and neighbours in their food 

     For more details, please visit: Food Standards Agency: Food safety and hygiene at home .

    Updates to this page

    Published 26 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: New partnership approach to boost adult skills and job opportunities

    Source: City of Stoke-on-Trent

    Published: Thursday, 26th June 2025

    Stoke-on-Trent City Council has approved a new plan to help more adults gain the skills they need to find and stay in work.

    The new Adult Skills and Employment Framework was considered by the council’s cabinet at a meeting on Tuesday 24 June.

    The plan aims to raise skill levels across the city and support more residents into better jobs by working closely with partners in education, training and employment.

    It will help make sure more people can take advantage of local job opportunities and contribute to a growing city economy. It also supports the council’s wider aim to improve residents’ health, wellbeing and quality of life.

    Alongside consulting a broad range of organisations, the council has worked with partners including the Chamber of Commerce, Staffordshire Providers Group and the Department for Work and Pensions (DWP) to shape the framework. This joint approach ensures the plan reflects local needs and builds on what is already in place.

    A new Local Skills and Employment Partnership will also be set up to lead the work, helping partners to stay joined-up and focused on long-term improvements.

    Councillor Sarah Jane Colclough, cabinet member for children’s services at Stoke-on-Trent City Council, said: “There is so much untapped potential in our city and by creating more opportunities for residents to enhance and improve their skills, we will help more people thrive in the workplace and social life.

     “Supporting people to gain the knowledge and experience they need to secure good jobs will not only improve their quality of life, but also help them build a more secure future. Working with partners across different sectors and types of institutions is crucial to this, as it will mean everyone can make the most of the opportunities available to them in Stoke-on-Trent.

    “Together, we will ensure the building of a bigger and better economy, as well as improving the overall wellbeing of the population.”

    For more information on the city council’s post-16 employment and learning hub go to www.stoke.gov.uk/adultlearning

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: It’s smooth-sailing thanks to Kyle’s handy Tall Ships guide Hundreds of Aberdeen sail trainees embarking on the adventure of a lifetime as part in the Tall Ships Races 2025 don’t know it but they are successfully navigating the event thanks to a helping hand from University student Kyle Buchan.

    Source: University of Aberdeen

    Over the course of seven weeks, Kyle put himself in the shoes of a trainee in order to understand the diverse range of information they might need.

    Hundreds of Aberdeen sail trainees embarking on the adventure of a lifetime as part in the Tall Ships Races 2025 don’t know it but they are successfully navigating the event thanks to a helping hand from University student Kyle Buchan.
    The third year Business Management and Geography student was tasked with collating the official Sail Trainee Handbook when he took on the job of Tall Ships Project Intern with Aberdeen City Council earlier this year.
    Over the course of seven weeks, Kyle put himself in the shoes of a trainee in order to understand the diverse range of information they might need.
    “It has been a great project to work on,” said the 20-year-old. “The opportunity to be a sail trainee was open to people of all backgrounds aged between 15 and 25 living in the AB postcode.
    “That meant across the 230-strong group of trainees there was a really wide range of experience, confidence and, for some, the need to also provide information and reassurance for parents too.”
    The resulting 3,500-word handbook being issued to the trainees contains a list of frequently asked questions, travel arrangements for those arriving from France or taking part in the Norwegian leg, information on the ships they will be sailing on, the itinerary for the days at sea, what to expect when they dock in each port, events in each host city – and much, much more.

    This is such a big event for the city and I wanted to play a part in it. I’m really proud to have been involved in producing the handbook and hope the trainees find it as useful as we designed it to be.” Kyle Buchan, third year Business Management and Geography student

    “We wanted to make sure we’d answered all the questions people might have so they could focus on enjoying the experience,” said Kyle.
    “That meant not just working with people across the Council, I had to liaise with teams in Kristiansand and Dunkirk to find out what would be happening when the Ships arrived in their ports, the arrangements in place for the trainees and activities they can take part in while there.
    “This is such a big event for the city and I wanted to play a part in it. I’m really proud to have been involved in producing the handbook and hope the trainees find it as useful as we designed it to be.”
    Since completing his internship Kyle also volunteered his time at several of the supporting events taking place in the run up to the Tall Ships arrival.
    “There’s a real buzz around the city and I’m looking forward to seeing the ships arrive and enjoying all the activities at the quayside knowing I’ve played a small part in making it happen.”

    MIL OSI United Kingdom –

  • MIL-OSI Economics: African Economic Outlook: African Development Bank to Launch 2025 Country Focus Reports in 13 Southern African countries

    Source: African Development Bank Group

    What?      2025 Country Focus Reports for Southern African countries

    Who?       The African Development Bank Group

    When?     Starting 27 June, with Eswatini

    Where?    State capitals across 13 countries

    The African Development Bank Group will launch the Country Focus Reports (CFRs) across 13 Southern African countries from June 27, 2025. These annual reports reflect the theme and analysis of the Bank’s flagship African Economic Outlook (AEO) at the country level, delivering critical economic analysis and policy options tailored to each of Africa’s 54 nations. The Theme of the AEO 2025 is: Making Africa’s Capital Work Better for Africa’s Development.

    The CFRs provide insights that contextualize continental economic trends within national frameworks, integrating country-specific priorities, challenges, and policy perspectives. In the context of 2025, marked by geopolitical tensions, post-crisis resilience, and climate urgency, these launches mark a strategic step to strengthen the Bank’s role in supporting Africa’s economic growth and dialogue with decision-makers.

    The Southern Africa launch series aims to maximize access to and the impact of these knowledge products by engaging directly with government officials, business leaders, and development stakeholders at the national level. Each launch will stimulate strategic discussions on leveraging report findings to inform critical policy decisions.

    Country Launch schedule

    The launch series featuring panel discussions on “Making Africa’s Capital Work Better for Africa’s Development” with a country-specific focus, will kick off on June 27, in Eswatini.

    S/N

    Country

    Date

    Time

    Venue

    1.

    Sao Tome and Principe

    20 June

    10am GMT

    University of Sao Tome and Principe

    2.

    Mozambique

    24 June

    10am (GMT +1)

    Banco Africano de Desenvolvimento
    Avenida Tenente Osvaldo Tazama e Marginal Torres Rani, 4o Andar, Maputo

    Zoom link: https://afdb.zoom.us/webinar/register/WN_UZW43w-hQFGpLBvcYxiBvg

    3.

    Zambia

    25 June

    10 am (GMT +2)

    African Development Bank Group
    Banc ABC House, 746 Church Road
    Cathedral Hill,
    Ridgeway, Lusaka

    Zoom link: https://afdb.zoom.us/j/98084860790?pwd=n56ub8L1bZoINa4GdOroqFZnMeiSPX.1

    4

    Angola

    27 June

    9am (GMT+1

    University of Agostinho Neto, Faculty of Economics Auditorium

    5.

    Eswatini

    27 June

    9am

    The Hilton Garden Inn Hotel

    6.

    South Africa

    2 July

    10am (GMT+2)

    The Centurion Hotel- Trent Bridge Conference Room

    7.

    Zimbabwe

    2 July

    08am (GMT+2)

    African Development Bank                                                                      Block 5, Ground Floor, Arundel Office Park,Harare

    8.

    Malawi

    2 July

    10am (GMT+2)

    African Development Bank Group
    2nd Floor, Kang’ombe House, City Centre, Lilongwe

    9.

    Mauritius

    9 July

    10am (GMT+2)

    United Docks Conference Room, The Docks 1, United Docks Business Park,

    10.

    Botswana

    11 July

    TBC

    11.

    Lesotho

    14 July

    TBC

    12

    Namibia

    18 July

    9:30(GMT+2)

    13.

    Madagascar

    TBC

    TBC  

    Launch ceremonies will feature speeches by the African Development Bank’s Chief Economist and Vice President, Prof. Kevin Urama, as well as other senior Bank officials and ministers from the respective countries.

    MIL OSI Economics –

  • MIL-OSI Economics: African Economic Outlook: African Development Bank to Launch 2025 Country Focus Reports in 13 Southern African countries

    Source: African Development Bank Group

    What?      2025 Country Focus Reports for Southern African countries

    Who?       The African Development Bank Group

    When?     Starting 27 June, with Eswatini

    Where?    State capitals across 13 countries

    The African Development Bank Group will launch the Country Focus Reports (CFRs) across 13 Southern African countries from June 27, 2025. These annual reports reflect the theme and analysis of the Bank’s flagship African Economic Outlook (AEO) at the country level, delivering critical economic analysis and policy options tailored to each of Africa’s 54 nations. The Theme of the AEO 2025 is: Making Africa’s Capital Work Better for Africa’s Development.

    The CFRs provide insights that contextualize continental economic trends within national frameworks, integrating country-specific priorities, challenges, and policy perspectives. In the context of 2025, marked by geopolitical tensions, post-crisis resilience, and climate urgency, these launches mark a strategic step to strengthen the Bank’s role in supporting Africa’s economic growth and dialogue with decision-makers.

    The Southern Africa launch series aims to maximize access to and the impact of these knowledge products by engaging directly with government officials, business leaders, and development stakeholders at the national level. Each launch will stimulate strategic discussions on leveraging report findings to inform critical policy decisions.

    Country Launch schedule

    The launch series featuring panel discussions on “Making Africa’s Capital Work Better for Africa’s Development” with a country-specific focus, will kick off on June 27, in Eswatini.

    S/N

    Country

    Date

    Time

    Venue

    1.

    Sao Tome and Principe

    20 June

    10am GMT

    University of Sao Tome and Principe

    2.

    Mozambique

    24 June

    10am (GMT +1)

    Banco Africano de Desenvolvimento
    Avenida Tenente Osvaldo Tazama e Marginal Torres Rani, 4o Andar, Maputo

    Zoom link: https://afdb.zoom.us/webinar/register/WN_UZW43w-hQFGpLBvcYxiBvg

    3.

    Zambia

    25 June

    10 am (GMT +2)

    African Development Bank Group
    Banc ABC House, 746 Church Road
    Cathedral Hill,
    Ridgeway, Lusaka

    Zoom link: https://afdb.zoom.us/j/98084860790?pwd=n56ub8L1bZoINa4GdOroqFZnMeiSPX.1

    4

    Angola

    27 June

    9am (GMT+1

    University of Agostinho Neto, Faculty of Economics Auditorium

    5.

    Eswatini

    27 June

    9am

    The Hilton Garden Inn Hotel

    6.

    South Africa

    2 July

    10am (GMT+2)

    The Centurion Hotel- Trent Bridge Conference Room

    7.

    Zimbabwe

    2 July

    08am (GMT+2)

    African Development Bank                                                                      Block 5, Ground Floor, Arundel Office Park,Harare

    8.

    Malawi

    2 July

    10am (GMT+2)

    African Development Bank Group
    2nd Floor, Kang’ombe House, City Centre, Lilongwe

    9.

    Mauritius

    9 July

    10am (GMT+2)

    United Docks Conference Room, The Docks 1, United Docks Business Park,

    10.

    Botswana

    11 July

    TBC

    11.

    Lesotho

    14 July

    TBC

    12

    Namibia

    18 July

    9:30(GMT+2)

    13.

    Madagascar

    TBC

    TBC  

    Launch ceremonies will feature speeches by the African Development Bank’s Chief Economist and Vice President, Prof. Kevin Urama, as well as other senior Bank officials and ministers from the respective countries.

    MIL OSI Economics –

  • MIL-OSI Russia: Bus tours of the Summer in Moscow sites are offered by the Russpass service

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Admire the beauty of the city, listening to the guide’s stories, and at the same time create your own routes for further exploration of the places you like – this is a new format of bus excursions that started operating in the capital several days ago. It is called Russbus. A double-decker excursion bus runs between city attractions and the venues of the Summer in Moscow festival. During the trip, participants registered in the service Ruspass, can use it to mark places they like, learn about events that take place there, and register for them. Tours are free. To get on the Russbus, you must register in advance onwebsite.

    Russbus will run between the Summer in Moscow festival sites on weekends before the autumn cold sets in. Three excursions are held per day, each lasting two hours. They start at 12:00, 14:00 and 16:00. A guide will be on board, telling you about the city, its history, museums and theatres. He will also give advice on how to plan your cultural leisure. In addition, an audio guide is available to excursionists, which will help them learn additional interesting facts about the capital.

    In addition to daytime excursion trips, Russbus also organizes evening trips around summer Moscow. They take place on weekends at 18:00. The bus route is the same as during the day, but during the trip, instead of a guide, participants are accompanied by a professional DJ who will help raise their spirits. Evening trips are intended for participants over 16 years old. You can register for the trip at link.

    The bus departs from the stop at the Muzeon Arts Park. The excursion route includes the Summer in Moscow sites in Gorky Park, the 19th-century estate with the P.I. Tchaikovsky Museum, Patriarch’s Ponds, Catherine Park, Tsvetnoy Boulevard and Chistye Prudy, as well as Bauman Garden. Then the bus returns to the departure point via Bolotnaya Square.

    The Russbus route passes through places with popular tourist attractions. The guide will tell about each of them, and also explain to the tourists how they can register for the events of the Summer in Moscow project: master classes, noble games, historical picnics and others. In addition, on the way they will be able to buy tickets to events that take place at the city’s cultural venues. For example, to the Moscow Zoo or the Moscow Planetarium.

    The digital travel service Russpass began operating in 2020. During this time, it has grown into a full-fledged ecosystem. The service makes it easy to plan a trip, book tickets and a hotel, and select excursions. And the online publication “Russpass-magazine” will help you find out everything about traveling around Russia. In addition, since June 2023, the portal “Russpass. Business” has been operating for representatives of the tourism industry.

    The Russpass service was developed on the initiative of the Moscow Government. The project is supervised by the capital Tourism Committee together withDepartment of Information Technology.

    Project “Summer in Moscow”— the main event of the season. It unites the most exciting events of the capital. Every day in all districts of the city there are charity, cultural and sports events, many of which are free. The project “Summer in Moscow” is held in the capital for the second time. In the new season, various sports, cultural and scientific and educational events have been added to the festivals beloved by city residents and tourists.

    Quickly find out the main news of the capital inofficial telegram channel the city of Moscow.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/155792073/

    MIL OSI Russia News –

  • MIL-OSI USA: Additional Disaster Recovery Centers Opening in the City of St. Louis

    Source: US Federal Emergency Management Agency 2

    wo additional Disaster Recovery Centers with FEMA Individual Assistance staff are opening in the City of St. Louis to help people affected by the May 16 tornado and storms.
    At all locations, FEMA and the U.S. Small Business Administration will help impacted residents with their disaster assistance applications, answer questions, and upload required documents.
    Opening Thursday, June 26

    LOCATION
    HOURS OF OPERATION

    Sumner High School — Parking Lot    4248 Cottage Ave.St. Louis, MO 63113 
    Monday-Saturday: 8 a.m.-7 p.m.Sunday: 8 a.m.-6 p.m.

    Opening Monday, June 30

    LOCATION
    HOURS OF OPERATION

    Urban League Entrepreneurship and Women’s Business Center 4401 Natural Bridge Ave.St. Louis, MO 63115
    Monday-Saturday: 8 a.m.-8 p.m.Sunday: 8 a.m.-6 p.m.

    Currently Opened Location

    LOCATION
    HOURS OF OPERATION

    Union Tabernacle M.B. Church           626 N. Newstead Ave.St. Louis, MO 63108
    Monday-Saturday: 8 a.m.-8 p.m.Sunday: Closed

    To save time, please apply for FEMA assistance before coming to a Disaster Recovery Center. Apply online at DisasterAssistance.gov or by calling 800-621-3362. 
    If you are unable to apply online or by phone, someone at the Disaster Recovery Center can assist you. 
    You may visit any location, no matter where you are staying now.
    If your home or personal property sustained damage not covered by insurance, FEMA may be able to provide money to help you pay for home repairs, a temporary place to live, and replace essential personal property that was destroyed.

    MIL OSI USA News –

  • MIL-OSI USA: CPSC Urges Fireworks Safety Ahead of July 4th Holiday

    Source: US Consumer Product Safety Commission

    CPSC Estimate: 14,700 injuries, 11 Deaths in 2024
    WASHINGTON, D.C. –  As July 4th celebrations near, the U.S. Consumer Product Safety Commission (CPSC) is urging the public to prioritize fireworks safety. Mishandling fireworks can turn celebration into tragedy. 
    In 2024, there were 11 reported fireworks-related deaths, most involving misuse and device misfire/malfunctions. An estimated 14,700 people were injured by fireworks last year – a sharp increase of about 38% in deaths and about 52% in injuries respectively compared to 2023. There were an estimated 1,700 emergency room treated injuries in 2024 involving sparklers.
    Adults ages 25 to 44 accounted for the largest share of reported injuries (32%), followed by people ages 15 to 24 (24%). The most frequently injured body parts were hands and fingers (36%) and head, face, and ears (22%). Burns were the most common injury, making up 37% of all emergency room visits. 
    “Behind these numbers are real people, real families — and often, preventable incidents,” said CPSC Acting Chairman Peter Feldman. “Fireworks injuries don’t just happen on the Fourth of July. We urge everyone to celebrate responsibly — because safety must always come first.”
    Stay Safe This Holiday: CPSC’s Fireworks Safety Tips:

    Never allow young children to play with or ignite fireworks, including sparklers. Sparklers burn at temperatures of about 2,000 degrees Fahrenheit—hot enough to melt some metals.
    Keep a bucket of water or a garden hose handy, in case of fire or other mishap.
    Make sure fireworks are legal in your area, and only purchase and set off fireworks that are labeled for consumer (not professional) use.
    Never use fireworks while impaired by alcohol or drugs.
    Light fireworks one at a time, then move back quickly.
    Never try to re-light or pick up fireworks that have not ignited fully.
    Follow all instructions and warnings on fireworks and never hold them in hand unless instructions specify to do so.

    For more fireworks safety tips, visit Fireworks | CPSC.gov.  
    View B-roll from CPSC’s past fireworks demonstrations. 
    ###
    Note: Individual Commissioners may have statements related to this topic. Please visit www.cpsc.gov/commissioners to search for statements related to this or other topics.

    About the U.S. CPSCThe U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risk of injury associated with the use of thousands of types of consumer products. Deaths, injuries, and property damage from consumer product-related incidents cost the nation more than $1 trillion annually. Since the CPSC was established more than 50 years ago, it has worked to ensure the safety of consumer products, which has contributed to a decline in injuries associated with these products. 
    Federal law prohibits any person from selling products subject to a Commission ordered recall or a voluntary recall undertaken in consultation with the CPSC.
    For lifesaving information:

    MIL OSI USA News –

  • MIL-OSI NGOs: Cambodia: Government allows slavery and torture to flourish inside hellish scamming compounds

    Source: Amnesty International –

    Cambodia: Government allows slavery and torture to flourish inside hellish scamming compounds

    • Amnesty visits more than 50 scamming compounds in 18-month long research
    • Testimony from survivors details human trafficking, slavery and forced labour affecting thousands
    • Findings point towards state complicity in abuses carried out by Chinese criminal gangs

    The Cambodian government is deliberately ignoring a litany of human rights abuses including slavery, human trafficking, child labour and torture being carried out by criminal gangs on a vast scale in more than 50 scamming compounds located across the country, Amnesty International said in a new report published today.

    Survivors interviewed for the report, “I Was Someone Else’s Property”, believed they were applying for genuine jobs but were instead trafficked to Cambodia, where they were held in prison-like compounds and forced to conduct online scams in a billion-dollar shadow economy defrauding people around the world.

    Jobseekers from Asia and beyond are lured by the promise of well-paid work into hellish labour camps run by well-organized gangs, where they are forced to scam under the very real threat of violence.

    Agnès Callamard, Amnesty International’s Secretary General

    “Deceived, trafficked and enslaved, the survivors of these scamming compounds describe being trapped in a living nightmare – enlisted in criminal enterprises that are operating with the apparent consent of the Cambodian government,” Amnesty International’s Secretary General Agnes Callamard said.

    “Jobseekers from Asia and beyond are lured by the promise of well-paid work into hellish labour camps run by well-organized gangs, where they are forced to scam under the very real threat of violence.

    “Amnesty’s research reveals the horrifying magnitude of a crisis the Cambodian authorities are not doing enough to stop. Their failures have emboldened a criminal network whose tentacles extend internationally, with millions of people impacted by the scams.”

    Amnesty’s findings suggest there has been coordination and possibly collusion between Chinese compound bosses and the Cambodian police, who have failed to shut down compounds despite the slew of human rights abuses taking place inside.

    ‘High salary and swimming pool’

    In the most comprehensive documentation yet of the issue, Amnesty’s 240-page report identified at least 53 scamming compounds in Cambodia and interviewed 58 survivors of eight different nationalities, including nine children. Amnesty also reviewed the records of 336 other victims of Cambodian compounds. Those interviewed had either escaped from compounds, been rescued or had a ransom paid by their families.

    The interviewees’ testimony gives a detailed insight into a sprawling, violent criminal operation that is taking place often with the full knowledge of the Cambodian authorities, whose woefully ineffective – and at times corrupt – response to the scamming crisis demonstrates its acquiescence and points towards state complicity in the human rights abuses taking place.

    They told me that if I don’t stop screaming, they’re going to keep hitting [me] until I stop.

    *Lisa, who was trafficked at the age of 18 and forced to work on scams

    One survivor, *Lisa, who was 18 and looking for work during a break from school in Thailand when she was trafficked, said: “[The recruiters] said I would work in administration… they sent pictures of a hotel with a swimming pool… the salary was high.”

    Instead, Lisa was taken across a river at night into Cambodia, where she spent 11 months held against her will by armed security guards and forced to work on scams. When she tried to escape, she was severely beaten.

    “There were four men… three of them held me down while the boss hit me on the soles of my feet with a metal pole… They told me that if I don’t stop screaming, they’re going to keep hitting [me] until I stop,” she said.

    Map showing the 53 scamming compounds documented by Amnesty International.

    ‘They kept beating [them] until their body was purple’

    As part of its 18-month long research, Amnesty International visited all but one of the 53 scamming compounds located in 16 towns and cities across Cambodia, as well as 45 similar sites also strongly suspected to be scamming compounds. Many of the buildings were formerly casinos and hotels repurposed by criminal gangs – mostly from China – after Cambodia banned online gambling in 2019.

    Compounds appeared designed to keep people inside, with features such as surveillance cameras, barbed wire around perimeter walls and large numbers of security personnel, often carrying electric shock batons and in some cases firearms. Survivors reported that “escape was impossible”.

    Most victims had been lured to Cambodia by deceptive job advertisements posted on social media sites such as Facebook and Instagram. After being trafficked, survivors said they were forced to contact people using social media platforms and begin conversations aimed at defrauding them. These included fake romances or investment opportunities, selling products that would never be delivered, or building trust with victims before financially exploiting them – known as “pig-butchering”.

    All but one of the survivors interviewed were victims of human trafficking, while everyone had been subjected to forced labour under the threat of violence. In 32 cases, Amnesty International concluded the survivors were victims of slavery as defined under international law, with compound managers exerting a level of control over them that amounted to de facto ownership. Survivors also reported being sold into compounds or witnessing the sale of other people. Many others were told they owed a debt to the compound which they had to work to repay.

    Forty of the 58 survivors interviewed had suffered torture or other ill-treatment – almost always carried out by compound managers. Some compounds had specific rooms – often known as “dark rooms” – which were designated places for torture of people who did not or could not work or meet work targets, or who contacted the authorities.

    Survivors frequently mentioned deaths inside the compounds or nearby; one survivor described hearing a body hitting the roof of a building. Amnesty International also confirmed the death of a Chinese child inside a compound.

    Survivor *Siti described seeing a Vietnamese person beaten by compound bosses for around 25 minutes. He said: “They just keep beating [the Vietnamese person] until their body was…purple…then [using] the electric baton. Beat the Vietnamese until he can’t scream, can’t get up…then the boss tell me that they wait until another compound want to buy him.”

    Of the nine children interviewed, five were subjected to torture or other ill-treatment. *Sawat, a 17-year-old Thai boy, was beaten by several managers before being told he would be stripped and forced to jump off the building.

    PSP01: compound with suspected guard posts – highlighted with yellow circles – at strategic locations within the perimeter wall.

    Cambodian government’s glaring failures

    Amnesty International’s report found that the Cambodian government has failed to adequately investigate widespread human rights abuses at scamming compounds despite being repeatedly made aware of them.

    “The Cambodian authorities know what is going on inside scamming compounds, yet they allow it to continue. Our findings reveal a pattern of state failures that have allowed criminality to flourish and raises questions about the government’s motivations,” Amnesty International’s Regional Research Director Montse Ferrer said.

    The government has claimed to be addressing the scamming crisis through its National Committee to Combat Human Trafficking (NCCT) and a number of ministerial task forces, which have overseen a series of police “rescues” of victims from compounds. However, more than two thirds of the scamming compounds identified in the report continued to operate even after police raids and “rescues”. At one compound in Botum Sakor, human trafficking has been widely reported by media and police have intervened multiple times to rescue victims, yet the site remains open.

    Police failings stem from their collaboration or coordination with compound bosses. For example, in many of the “rescues”, instead of entering the compounds and investigating, police would simply meet a manager or security guard at the gate, where they would be handed the individual(s) who had called in for help. Business then continued as usual.

    In other instances, several survivors said they were punished with beatings after their secretive efforts to contact police for help were somehow uncovered by bosses. One Vietnamese survivor told Amnesty International that police “work for the compound and will report requests for help back to the compound bosses”.

    Those “rescued” from compounds were often subsequently detained in immigration detention centres in poor conditions for months at a time – the Cambodian authorities having failed to recognize them as victims of human trafficking and provide them with the support required under international law.

    Meanwhile, the authorities have targeted others speaking out about scamming compounds. Several human rights defenders and journalists working on the issue have been arrested, while the news outlet Voice of Democracy was closed in 2023 in apparent retaliation for its reporting on the scamming crisis.

    Amnesty International sent its findings to the NCCT, which responded by sharing vague data on interventions at compounds, none of which clarified whether the state has identified, investigated or prosecuted individuals for human rights abuses other than deprivation of liberty. It also did not respond to Amnesty International’s list of scamming compounds or suspicious locations.

    Caged windows behind high walls of a scamming compound with three rungs of barbed or razor wire.

    Slavery thrives when governments look away.

    Montse Ferrer, Amnesty International’s Regional Research Director

    “The Cambodian government could put a stop to these abuses, but it has chosen not to. The police interventions documented appear to be merely ‘for show’,” Montse Ferrer said.

    “Cambodia’s authorities must ensure no more jobseekers are trafficked into the country to face torture, slavery or any other human rights abuse. They must urgently investigate and shut down all scamming compounds and properly identify, assist and protect victims. Slavery thrives when governments look away.”

    Survivors interviewed for Amnesty International’s report were from China, Thailand, Malaysia, Bangladesh, Viet Nam, Indonesia, Taiwan and Ethiopia, but Amnesty International also had access to records of hundreds of others who are nationals of India, Kenya, Nepal and the Philippines among many more.

    Background

    Under international human rights law, the Cambodian state has a duty to ensure that no one is held in slavery or servitude or required to perform forced labour. It is obligated to protect children from economic exploitation and must prevent, prohibit, investigate and prosecute acts of torture. The Cambodian government must also effectively investigate, prosecute and adjudicate trafficking whether committed by governmental or non-state actors; it must identify trafficking victims and provide remedy; and it must implement measures to ensure that “rescue” operations of trafficked persons do not further harm their rights and dignity.

    *All survivors using pseudonyms for security reasons

    MIL OSI NGO –

  • MIL-OSI NGOs: Cambodia: Government allows slavery and torture to flourish inside hellish scamming compounds

    Source: Amnesty International –

    Cambodia: Government allows slavery and torture to flourish inside hellish scamming compounds

    • Amnesty visits more than 50 scamming compounds in 18-month long research
    • Testimony from survivors details human trafficking, slavery and forced labour affecting thousands
    • Findings point towards state complicity in abuses carried out by Chinese criminal gangs

    The Cambodian government is deliberately ignoring a litany of human rights abuses including slavery, human trafficking, child labour and torture being carried out by criminal gangs on a vast scale in more than 50 scamming compounds located across the country, Amnesty International said in a new report published today.

    Survivors interviewed for the report, “I Was Someone Else’s Property”, believed they were applying for genuine jobs but were instead trafficked to Cambodia, where they were held in prison-like compounds and forced to conduct online scams in a billion-dollar shadow economy defrauding people around the world.

    Jobseekers from Asia and beyond are lured by the promise of well-paid work into hellish labour camps run by well-organized gangs, where they are forced to scam under the very real threat of violence.

    Agnès Callamard, Amnesty International’s Secretary General

    “Deceived, trafficked and enslaved, the survivors of these scamming compounds describe being trapped in a living nightmare – enlisted in criminal enterprises that are operating with the apparent consent of the Cambodian government,” Amnesty International’s Secretary General Agnes Callamard said.

    “Jobseekers from Asia and beyond are lured by the promise of well-paid work into hellish labour camps run by well-organized gangs, where they are forced to scam under the very real threat of violence.

    “Amnesty’s research reveals the horrifying magnitude of a crisis the Cambodian authorities are not doing enough to stop. Their failures have emboldened a criminal network whose tentacles extend internationally, with millions of people impacted by the scams.”

    Amnesty’s findings suggest there has been coordination and possibly collusion between Chinese compound bosses and the Cambodian police, who have failed to shut down compounds despite the slew of human rights abuses taking place inside.

    ‘High salary and swimming pool’

    In the most comprehensive documentation yet of the issue, Amnesty’s 240-page report identified at least 53 scamming compounds in Cambodia and interviewed 58 survivors of eight different nationalities, including nine children. Amnesty also reviewed the records of 336 other victims of Cambodian compounds. Those interviewed had either escaped from compounds, been rescued or had a ransom paid by their families.

    The interviewees’ testimony gives a detailed insight into a sprawling, violent criminal operation that is taking place often with the full knowledge of the Cambodian authorities, whose woefully ineffective – and at times corrupt – response to the scamming crisis demonstrates its acquiescence and points towards state complicity in the human rights abuses taking place.

    They told me that if I don’t stop screaming, they’re going to keep hitting [me] until I stop.

    *Lisa, who was trafficked at the age of 18 and forced to work on scams

    One survivor, *Lisa, who was 18 and looking for work during a break from school in Thailand when she was trafficked, said: “[The recruiters] said I would work in administration… they sent pictures of a hotel with a swimming pool… the salary was high.”

    Instead, Lisa was taken across a river at night into Cambodia, where she spent 11 months held against her will by armed security guards and forced to work on scams. When she tried to escape, she was severely beaten.

    “There were four men… three of them held me down while the boss hit me on the soles of my feet with a metal pole… They told me that if I don’t stop screaming, they’re going to keep hitting [me] until I stop,” she said.

    Map showing the 53 scamming compounds documented by Amnesty International.

    ‘They kept beating [them] until their body was purple’

    As part of its 18-month long research, Amnesty International visited all but one of the 53 scamming compounds located in 16 towns and cities across Cambodia, as well as 45 similar sites also strongly suspected to be scamming compounds. Many of the buildings were formerly casinos and hotels repurposed by criminal gangs – mostly from China – after Cambodia banned online gambling in 2019.

    Compounds appeared designed to keep people inside, with features such as surveillance cameras, barbed wire around perimeter walls and large numbers of security personnel, often carrying electric shock batons and in some cases firearms. Survivors reported that “escape was impossible”.

    Most victims had been lured to Cambodia by deceptive job advertisements posted on social media sites such as Facebook and Instagram. After being trafficked, survivors said they were forced to contact people using social media platforms and begin conversations aimed at defrauding them. These included fake romances or investment opportunities, selling products that would never be delivered, or building trust with victims before financially exploiting them – known as “pig-butchering”.

    All but one of the survivors interviewed were victims of human trafficking, while everyone had been subjected to forced labour under the threat of violence. In 32 cases, Amnesty International concluded the survivors were victims of slavery as defined under international law, with compound managers exerting a level of control over them that amounted to de facto ownership. Survivors also reported being sold into compounds or witnessing the sale of other people. Many others were told they owed a debt to the compound which they had to work to repay.

    Forty of the 58 survivors interviewed had suffered torture or other ill-treatment – almost always carried out by compound managers. Some compounds had specific rooms – often known as “dark rooms” – which were designated places for torture of people who did not or could not work or meet work targets, or who contacted the authorities.

    Survivors frequently mentioned deaths inside the compounds or nearby; one survivor described hearing a body hitting the roof of a building. Amnesty International also confirmed the death of a Chinese child inside a compound.

    Survivor *Siti described seeing a Vietnamese person beaten by compound bosses for around 25 minutes. He said: “They just keep beating [the Vietnamese person] until their body was…purple…then [using] the electric baton. Beat the Vietnamese until he can’t scream, can’t get up…then the boss tell me that they wait until another compound want to buy him.”

    Of the nine children interviewed, five were subjected to torture or other ill-treatment. *Sawat, a 17-year-old Thai boy, was beaten by several managers before being told he would be stripped and forced to jump off the building.

    PSP01: compound with suspected guard posts – highlighted with yellow circles – at strategic locations within the perimeter wall.

    Cambodian government’s glaring failures

    Amnesty International’s report found that the Cambodian government has failed to adequately investigate widespread human rights abuses at scamming compounds despite being repeatedly made aware of them.

    “The Cambodian authorities know what is going on inside scamming compounds, yet they allow it to continue. Our findings reveal a pattern of state failures that have allowed criminality to flourish and raises questions about the government’s motivations,” Amnesty International’s Regional Research Director Montse Ferrer said.

    The government has claimed to be addressing the scamming crisis through its National Committee to Combat Human Trafficking (NCCT) and a number of ministerial task forces, which have overseen a series of police “rescues” of victims from compounds. However, more than two thirds of the scamming compounds identified in the report continued to operate even after police raids and “rescues”. At one compound in Botum Sakor, human trafficking has been widely reported by media and police have intervened multiple times to rescue victims, yet the site remains open.

    Police failings stem from their collaboration or coordination with compound bosses. For example, in many of the “rescues”, instead of entering the compounds and investigating, police would simply meet a manager or security guard at the gate, where they would be handed the individual(s) who had called in for help. Business then continued as usual.

    In other instances, several survivors said they were punished with beatings after their secretive efforts to contact police for help were somehow uncovered by bosses. One Vietnamese survivor told Amnesty International that police “work for the compound and will report requests for help back to the compound bosses”.

    Those “rescued” from compounds were often subsequently detained in immigration detention centres in poor conditions for months at a time – the Cambodian authorities having failed to recognize them as victims of human trafficking and provide them with the support required under international law.

    Meanwhile, the authorities have targeted others speaking out about scamming compounds. Several human rights defenders and journalists working on the issue have been arrested, while the news outlet Voice of Democracy was closed in 2023 in apparent retaliation for its reporting on the scamming crisis.

    Amnesty International sent its findings to the NCCT, which responded by sharing vague data on interventions at compounds, none of which clarified whether the state has identified, investigated or prosecuted individuals for human rights abuses other than deprivation of liberty. It also did not respond to Amnesty International’s list of scamming compounds or suspicious locations.

    Caged windows behind high walls of a scamming compound with three rungs of barbed or razor wire.

    Slavery thrives when governments look away.

    Montse Ferrer, Amnesty International’s Regional Research Director

    “The Cambodian government could put a stop to these abuses, but it has chosen not to. The police interventions documented appear to be merely ‘for show’,” Montse Ferrer said.

    “Cambodia’s authorities must ensure no more jobseekers are trafficked into the country to face torture, slavery or any other human rights abuse. They must urgently investigate and shut down all scamming compounds and properly identify, assist and protect victims. Slavery thrives when governments look away.”

    Survivors interviewed for Amnesty International’s report were from China, Thailand, Malaysia, Bangladesh, Viet Nam, Indonesia, Taiwan and Ethiopia, but Amnesty International also had access to records of hundreds of others who are nationals of India, Kenya, Nepal and the Philippines among many more.

    Background

    Under international human rights law, the Cambodian state has a duty to ensure that no one is held in slavery or servitude or required to perform forced labour. It is obligated to protect children from economic exploitation and must prevent, prohibit, investigate and prosecute acts of torture. The Cambodian government must also effectively investigate, prosecute and adjudicate trafficking whether committed by governmental or non-state actors; it must identify trafficking victims and provide remedy; and it must implement measures to ensure that “rescue” operations of trafficked persons do not further harm their rights and dignity.

    *All survivors using pseudonyms for security reasons

    MIL OSI NGO –

  • MIL-OSI China: China to expedite review of rare earth-related export license applications: commerce ministry

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

    China to expedite review of rare earth-related export license applications: commerce ministry

    BEIJING, June 26 — China has consistently placed great importance on maintaining the stability and security of global industrial and supply chains and has been accelerating the review of rare earth-related export license applications in accordance with relevant laws and regulations, the Ministry of Commerce said Thursday.

    China has approved a certain number of compliant applications in accordance with the law and will continue to strengthen the review and approval of such applications, He Yadong, spokesperson for the ministry, told a regular press conference when answering a question on rare earth exports.

    China is willing to enhance communication and dialogue with relevant countries on export controls and actively promote the facilitation of compliant trade, He added.

    MIL OSI China News –

  • MIL-OSI Asia-Pac: Wage and payroll statistics for March 2025

    Source: Hong Kong Government special administrative region

    Wage and payroll statistics for March 2025 
    According to the figures released today (June 26) by the Census and Statistics Department (C&SD), the average wage rate for all the selected industry sections surveyed, as measured by the wage index, increased by 3.5% in nominal terms in March 2025 over a year earlier.
     
    About 62% of the companies reported increase in average wage rates in March 2025 compared with a year ago. A total of 34% of the companies recorded decrease in average wage rates over the same period. The remaining 4% reported virtually no change in average wage rates.
     
    After discounting the changes in consumer prices as measured by the Consumer Price Index (A), the overall average wage rate for all the selected industry sections surveyed increased by 1.6% in real terms in March 2025 over a year earlier.
     
    As for payroll, the index of payroll per person engaged for all the industry sections surveyed increased by 3.2% in nominal terms in the first quarter of 2025 over a year earlier.
     
    After discounting the changes in consumer prices as measured by the Composite Consumer Price Index, the average payroll per person engaged increased by 1.6% in real terms in the first quarter of 2025 compared with a year earlier.
     
    The wage rate includes basic wages and other regular and guaranteed allowances and bonuses. Payroll includes elements covered by wage rate as well as other irregular payments to workers such as discretionary bonuses and overtime allowances. The payroll statistics therefore tend to show relatively larger quarter-to-quarter changes, affected by the number of hours actually worked and the timing of payment of bonuses and back-pay.
     
    Sectoral changes
     
    For the nominal wage indices, year-on-year increases were recorded in all selected industry sections in March 2025, ranging from 3.1% to 4.1%.
     
    For the real wage indices, year-on-year increases were also recorded in all selected industry sections in March 2025, ranging from 1.1% to 2.1%.
     
    The year-on-year changes in the nominal and real wage indices for the selected industry sections from March 2024 to March 2025 are shown in Table 1.
     
    As for the nominal indices of payroll per person engaged, year-on-year increases were recorded in all selected industry sections in the first quarter of 2025, ranging from 2.0% to 3.9%.
     
    For the real payroll indices, year-on-year increases were also recorded in all selected industry sections in the first quarter of 2025, ranging from 0.4% to 2.3%.
     
    The year-on-year changes in the nominal and real indices of payroll per person engaged for selected industry sections from the first quarter of 2024 to the first quarter of 2025 are shown in Table 2. The quarterly changes in the seasonally adjusted nominal and real indices of payroll per person engaged in the same period are shown in Table 3.
     
    Commentary
     
    A Government spokesman said that wages and labour earnings continued to increase in all surveyed industries in the first quarter of 2025 over a year earlier.
     
    The average wage rate for all selected industries increased by 3.5% in nominal terms in March 2025. After discounting for inflation, the average wage rate increased by 1.6% in real terms.
     
    Payroll per person engaged, which includes basic wage, discretionary bonuses and other irregular payments, rose by 3.2% in nominal terms and 1.6% in real terms in the first quarter of 2025.
     
    Looking ahead, the expansion of the Hong Kong economy should render support to labour demand and thus wages and labour earnings, though the external uncertainties and the changing consumption patterns of residents and visitors may continue to pose challenges.
     
    Other information
     
    Both wage indices and payroll indices are compiled quarterly based on the results of the Labour Earnings Survey (LES) conducted by C&SD. Wage index only covers employees up to the supervisory level (i.e. not including managerial and professional employees), whereas payroll index covers employees at all levels and proprietors actively engaged in the work of the establishment.
     
    Apart from the differences in employee coverage, wage statistics are conceptually different from the payroll statistics. Firstly, wage rate for an employee refers to the sum earned for his normal hours of work. It covers basic wages and other regular and guaranteed allowances and bonuses, but excludes earnings from overtime work and discretionary bonuses, which are however included in payroll per person engaged. Secondly, the payroll index of an industry is an indicator of the simple average payroll received per person engaged in the industry. Its movement is therefore affected by changes in wage rates, number of hours of work and occupational composition in the industry. In contrast, the wage index of an industry is devised to reflect the pure changes in wage rate, with the occupational composition between two successive statistical periods being kept unchanged. In other words, the wage index reflects the change in the price of labour. Because of these conceptual and enumeration differences between payroll and wage statistics, the movements in payroll indices and in wage indices do not necessarily match closely with each other.
     
    It should also be noted that different consumer price indices are used for compiling the real indices of wage and payroll to take into account the differences in their respective occupation coverage. Specifically, the Composite Consumer Price Index, being an indicator of overall consumer prices, is taken as the price deflator for payroll of workers at all levels of the occupational hierarchy. The Consumer Price Index (A), being an indicator of consumer prices for the relatively low expenditure group, is taken as the price deflator for wages in respect of employees engaged in occupations up to the supervisory level.
     
    Detailed breakdowns of the payroll and wage statistics are published in the “Quarterly Report of Wage and Payroll Statistics, March 2025”. Users can browse and download the publication at the website of C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1050009&scode=210 
       For enquiries on wage and payroll statistics, please contact the Wages and Labour Costs Statistics Section (1) of C&SD (Tel: 2887 5550 or email:     wage@censtatd.gov.hkIssued at HKT 16:30

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Wage and payroll statistics for March 2025

    Source: Hong Kong Government special administrative region

    Wage and payroll statistics for March 2025 
    According to the figures released today (June 26) by the Census and Statistics Department (C&SD), the average wage rate for all the selected industry sections surveyed, as measured by the wage index, increased by 3.5% in nominal terms in March 2025 over a year earlier.
     
    About 62% of the companies reported increase in average wage rates in March 2025 compared with a year ago. A total of 34% of the companies recorded decrease in average wage rates over the same period. The remaining 4% reported virtually no change in average wage rates.
     
    After discounting the changes in consumer prices as measured by the Consumer Price Index (A), the overall average wage rate for all the selected industry sections surveyed increased by 1.6% in real terms in March 2025 over a year earlier.
     
    As for payroll, the index of payroll per person engaged for all the industry sections surveyed increased by 3.2% in nominal terms in the first quarter of 2025 over a year earlier.
     
    After discounting the changes in consumer prices as measured by the Composite Consumer Price Index, the average payroll per person engaged increased by 1.6% in real terms in the first quarter of 2025 compared with a year earlier.
     
    The wage rate includes basic wages and other regular and guaranteed allowances and bonuses. Payroll includes elements covered by wage rate as well as other irregular payments to workers such as discretionary bonuses and overtime allowances. The payroll statistics therefore tend to show relatively larger quarter-to-quarter changes, affected by the number of hours actually worked and the timing of payment of bonuses and back-pay.
     
    Sectoral changes
     
    For the nominal wage indices, year-on-year increases were recorded in all selected industry sections in March 2025, ranging from 3.1% to 4.1%.
     
    For the real wage indices, year-on-year increases were also recorded in all selected industry sections in March 2025, ranging from 1.1% to 2.1%.
     
    The year-on-year changes in the nominal and real wage indices for the selected industry sections from March 2024 to March 2025 are shown in Table 1.
     
    As for the nominal indices of payroll per person engaged, year-on-year increases were recorded in all selected industry sections in the first quarter of 2025, ranging from 2.0% to 3.9%.
     
    For the real payroll indices, year-on-year increases were also recorded in all selected industry sections in the first quarter of 2025, ranging from 0.4% to 2.3%.
     
    The year-on-year changes in the nominal and real indices of payroll per person engaged for selected industry sections from the first quarter of 2024 to the first quarter of 2025 are shown in Table 2. The quarterly changes in the seasonally adjusted nominal and real indices of payroll per person engaged in the same period are shown in Table 3.
     
    Commentary
     
    A Government spokesman said that wages and labour earnings continued to increase in all surveyed industries in the first quarter of 2025 over a year earlier.
     
    The average wage rate for all selected industries increased by 3.5% in nominal terms in March 2025. After discounting for inflation, the average wage rate increased by 1.6% in real terms.
     
    Payroll per person engaged, which includes basic wage, discretionary bonuses and other irregular payments, rose by 3.2% in nominal terms and 1.6% in real terms in the first quarter of 2025.
     
    Looking ahead, the expansion of the Hong Kong economy should render support to labour demand and thus wages and labour earnings, though the external uncertainties and the changing consumption patterns of residents and visitors may continue to pose challenges.
     
    Other information
     
    Both wage indices and payroll indices are compiled quarterly based on the results of the Labour Earnings Survey (LES) conducted by C&SD. Wage index only covers employees up to the supervisory level (i.e. not including managerial and professional employees), whereas payroll index covers employees at all levels and proprietors actively engaged in the work of the establishment.
     
    Apart from the differences in employee coverage, wage statistics are conceptually different from the payroll statistics. Firstly, wage rate for an employee refers to the sum earned for his normal hours of work. It covers basic wages and other regular and guaranteed allowances and bonuses, but excludes earnings from overtime work and discretionary bonuses, which are however included in payroll per person engaged. Secondly, the payroll index of an industry is an indicator of the simple average payroll received per person engaged in the industry. Its movement is therefore affected by changes in wage rates, number of hours of work and occupational composition in the industry. In contrast, the wage index of an industry is devised to reflect the pure changes in wage rate, with the occupational composition between two successive statistical periods being kept unchanged. In other words, the wage index reflects the change in the price of labour. Because of these conceptual and enumeration differences between payroll and wage statistics, the movements in payroll indices and in wage indices do not necessarily match closely with each other.
     
    It should also be noted that different consumer price indices are used for compiling the real indices of wage and payroll to take into account the differences in their respective occupation coverage. Specifically, the Composite Consumer Price Index, being an indicator of overall consumer prices, is taken as the price deflator for payroll of workers at all levels of the occupational hierarchy. The Consumer Price Index (A), being an indicator of consumer prices for the relatively low expenditure group, is taken as the price deflator for wages in respect of employees engaged in occupations up to the supervisory level.
     
    Detailed breakdowns of the payroll and wage statistics are published in the “Quarterly Report of Wage and Payroll Statistics, March 2025”. Users can browse and download the publication at the website of C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1050009&scode=210 
       For enquiries on wage and payroll statistics, please contact the Wages and Labour Costs Statistics Section (1) of C&SD (Tel: 2887 5550 or email:     wage@censtatd.gov.hkIssued at HKT 16:30

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Press release – Package travel: better protection against bankruptcy and unforeseen events

    Source: European Parliament

    On Thursday, the Consumer Protection Committee adopted updated rules on package travel to clarify the rights of travellers when their journey is affected by unforeseen circumstances.

    The Internal Market and Consumer Protection Committee (IMCO) adopted its position on a revision of the EU package travel directive to enhance protection for travellers when a tour organiser goes bankrupt or unforeseen circumstances disrupt their holiday plans. The COVID-19 pandemic and the insolvency of Thomas Cook revealed weaknesses in the current rules.

    Refund rights, insolvency protection and information requirements

    MEPs backed the Commission proposal to clarify existing provisions to ensure travellers get a refund for pre-payments and services that have not yet been provided, as well as repatriation help, when their travel organiser goes bankrupt. The updated directive would clarify what counts as a travel package and list the kind of information to be provided to travellers before, during and after their trip.

    Use of vouchers

    The committee also agreed on new provisions to ensure consumers can refuse vouchers and instead choose to request a refund within 14 days. When a traveller accepts a voucher but does not use it, the unused worth of it should be paid back to the traveller when it expires. Vouchers should be valid for up to 12 months and extendable or transferable once. The traveller should also be able to choose whether to use it in one go or in parts.

    Vouchers should be covered by insolvency guarantees and their value would have to correspond at least to the amount of the refund to which a traveller is entitled. Voucher holders should also have priority when choosing travel services, and be able to spend it on any travel service offered by the organiser.

    Grounds for cancelling the trip

    The updated directive clarifies the conditions for cancelling a trip. MEPs want to ensure that if unavoidable and extraordinary circumstances arise at the travel destination or departure point before a trip, or affect the journey, travellers should be able to cancel without penalty and with a full refund. A traveller’s place of residence should not be relevant, MEPs argue.

    Whether a cancellation is justifiable should be assessed on a case-by-case basis. However, MEPs say that official travel warnings issued up to 28 days before the scheduled departure should become important elements to be taken into account.

    Level of pre-payments

    MEPs have scrapped the Commission’s proposal that travel companies may not require a down-payment greater than 25% of the total package cost from the client until 28 days before the start of the travel, leaving this decision to individual member states.

    Quote

    Author of the report Alex Agius Saliba (S&D, MT) said after the vote: “These new rules for package travel update the protection of travellers with lessons learned from the COVID-19 pandemic. We want to make sure travellers are protected when booking a package deal. We are setting rules for vouchers, and giving consumers the right to cancel a package when extraordinary circumstances apply. A complaint handling mechanism with clear deadlines for travel operators to respond will make sure travellers can enforce their rights.”

    Next steps

    The draft position, adopted with 35 votes for, 1 against and 4 abstentions, will go to Parliament’s plenary for a debate and vote, probably in September. Once the plenary adopts its negotiating mandate, talks on the final shape of the law with the EU Council, who adopted its position in December 2024, can start.

    MIL OSI Europe News –

  • MIL-OSI Asia-Pac: Director General David Wu and Mrs. Wu Attended the Inauguration of the 20th Board of Taiwanese Chamber of Commerce in Australia

    Source: Republic of China Taiwan

    Director General David Wu and Mrs. Wu were honored to attend the inauguration of the 20th Board of Taiwanese Chamber of Commerce in Australia. On behalf of OCAC Minister Hsu Chia-ching, DG Wu presented a congratulatory letter to Peter Huang, newly elected President of TCCA, and a certificate of appreciation to outgoing President Michael Wu for his outstanding leadership and innovation.
    Nearly 200 distinguished guests gathered to celebrate TCCA’s achievements and future, including NSW Shadow Assistant Minister for the Arts, Innovation, Digital Government and the 24-Hour Economy Hon. Jacqui Munro MLC, Hon. Rachel Merton MLC, Monica Tudehope MP, Mayor of Ryde Trenton Brown, Brisbane City Councillor James Huang, Ku-ring-gai Councillor Barbara Ward, Taiwanese Chambers of Commerce in Oceania President Frank Chang, as well as leaders from the broad overseas Taiwanese community.
    Director General Wu praised President Michael Wu for his leadership in driving innovation within TCCA, and expressed confidence that incoming President Peter Huang will further strengthen cross-community ties, promote Taiwanese culture, and lead the chamber to new milestones.
    DG Wu also conveyed ROC (Taiwan) President Lai Ching-te’s warm regards and appreciation to the Taiwanese community in Sydney. He reaffirmed the government’s continued support for overseas Taiwanese businesses, noting that in Taiwan’s pursuit of an FTA with Australia and its accession to the CPTPP, TCCA can play a meaningful role in advancing these efforts, which aim to deliver broader economic and strategic benefits to all member economies.
    A highlight of the ceremony was a lively animation co-produced by TCCA and TECO Sydney, explaining Taiwan’s CPTPP bid and calling for support from Australia and other member economies. We were also glad to see community leaders from New Zealand, Thailand, Queensland, and Western Australia—showing the strong cross-regional ties of the global Taiwanese community.

    MIL OSI Asia Pacific News –