NewzIntel.com

Category: CTF

  • MIL-OSI Russia: Victory Anniversary at the Center of Legal Discussion: Conference Opening at the Polytechnic

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The plenary session of the XXVI annual All-Russian scientific and practical conference with international participation “Problems of Law in Modern Russia” was held in the conference hall of the Academic Council of Peter the Great Polytechnic University. The event is traditionally held by the Higher School of Jurisprudence and Forensic Science of the Humanitarian Institute of SPbPU. This year’s conference acquired special significance in connection with the celebration of the 80th anniversary of Victory in the Great Patriotic War.

    The plenary session was opened by the Vice-Rector for Security of SPbPU Alexander Airapetyan. He congratulated everyone on the 80th anniversary of the Victory in the Great Patriotic War, noting the importance of the scientific and practical events of the Polytechnic University, which play a fundamental role in consolidating security and maintaining unity. The Director of the Higher School of Law and STE Dmitry Mokhorov welcomed the conference participants, congratulated them on the Great Victory Day, reflecting the fateful milestones of polytechnic thought in Russian and Soviet reality.

    Traditionally, the event brought together leading scientists and representatives of the professional community from the system of state and municipal administration, the judicial system, law enforcement agencies, the legal profession, notaries, forensic examination and representatives of the real sector of the economy.

    The guests of the event delivered welcoming remarks. Deputy Head of the Secretariat of the Council of the Interparliamentary Assembly of the CIS Member Nations, Director of the International Institute for Monitoring the Development of Democracy, Parliamentarism and Observance of Electoral Rights of Citizens of the CIS Member States Ivan Mushket read out a greeting from the Secretary General – Head of the Secretariat of the Council of the IPA CIS Dmitry Kobitsky. In his address, Dmitry Kobitsky emphasized the importance of the unity and courage of the Soviet people, noting that the Victory in the Great Patriotic War is a common heritage, and also called for confronting racism and xenophobia, recalling the criminal actions of Nazism, recognized by the International Military Tribunal in Nuremberg.

    Law should serve as a tool for maintaining justice, protecting human rights and freedoms, and we must work on its development together, noted Dmitry Kobitsky.

    The President of the Leningrad Region Bar Association, Denis Laktionov, greeted his colleagues on behalf of the legal community and emphasized the practical importance of the traditional conference “Problems of Law in Modern Russia” for the industry.

    Olga Safronova, Director of the Legal Department of the North-West Bank of Sberbank PJSC, noted the demand for significant events aimed at legal education and educating young people in the spirit of respect for the law and historical justice, emphasizing that the modern realities of the development of scientific and technological progress require us to take adequate professional measures to protect state interests and the rights of citizens, especially in the field of cybersecurity.

    Representatives of legislative and executive bodies of federal and regional authorities, courts, the prosecutor’s office, the Investigative Committee, and law enforcement agencies sent welcoming words to the organizing committee and participants.

    The scientific part of the plenary session included reports on the issues of historical justice of the Nuremberg Trials in the context of modern understanding, the role of the prosecutor’s office during the war and the problems of cybersecurity in the modern social and legal reality. The participants were addressed by Vladimir Mikhailov, Senior Justice Advisor, Senior Prosecutor of the Criminal and Judicial Department of the Leningrad Region Prosecutor’s Office, Artem Klinitsky, Associate Professor of the Higher School of Law and European Economics, and representatives of the North-West Bank of Sberbank Olga Safronova, Natalia Eroshenko and Kirill Yakovlev.

    At the end of the meeting, a video trailer for the historical film “Blockade Justice” was shown, containing rare archival footage of the activities of the courts, prosecutors and lawyers during the Great Patriotic War.

    On the first day of the conference, work was carried out in the sections “Theoretical-historical and public-law sciences”, “Private law (civil) sciences”, “Criminal-law sciences”. More than 250 people took part in the conference in person and over 70 section reports were presented, and an online broadcast with the possibility of open connection was also conducted. Abstracts of the reports will be published in a collection based on the results of the conference, and the best articles will be sent to the journals of the Higher Attestation Commission and the Russian Science Citation Index.

    The conference will include a round table (International teleconference St. Petersburg – Baku) “Modern Methods of Engineering and Technical Expertise”; a discussion platform “Application of Special Expert Knowledge in Legal Practice”; a round table “Counteracting Terrorism and Cybercrime”; master classes on forensic examination; a round table “Economic and Legal Regulation of Environmental Safety”; a discussion platform “East – West: Paths of Cultural Dialogue”; an International Theoretical and Practical Dialogue – Prospects for Development and Integration (Russia – Uzbekistan); a discussion platform (International teleconference St. Petersburg – Andijan) “Modern Trends in Legal Education and Enlightenment”; an exhibition of scientific, educational and educational-methodical works on jurisprudence and forensic examination.

    The detailed program can be found aton the website of the Higher School of YuISTE.

    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.

    MIL OSI Russia News –

  • MIL-OSI United Nations: Acute food insecurity and malnutrition rose for sixth consecutive year in world’s most fragile regions

    Source: World Food Programme

    In 2024, over 295 million people across 53 countries and territories faced acute hunger—an increase of almost 14 million people compared to 2023— while the number of people facing catastrophic levels of hunger reached a record high

    Geneva/New York/Rome/Washington – Acute food insecurity and child malnutrition rose for the sixth consecutive year in 2024, pushing millions of people to the brink, in some of the world’s most vulnerable regions, according to the Global Report on Food Crises (GRFC), released today. 

    The report shows conflict, economic shocks, climate extremes, and forced displacement continued to drive food insecurity and malnutrition around the world, with catastrophic impacts on many already fragile regions.

    In 2024, more than 295 million people across 53 countries and territories experienced acute levels of hunger– an increase of 13.7 million from 2023. Of great concern is the worsening prevalence of acute food insecurity, which now stands at 22.6 percent of the population assessed. This marks the fifth consecutive year in which this figure has remained above 20 percent. 

    The number of people facing catastrophic hunger (IPC/CH Phase 5) more than doubled over the same period to reach 1.9 million – the highest on record since the GRFC began tracking in 2016. 

    Malnutrition, particularly among children, reached extremely high levels, including in the Gaza Strip, Mali, Sudan, and Yemen. Nearly 38 million children under five were acutely malnourished across 26 nutrition crises.

    The report also highlights a sharp increase in hunger driven by forced displacement, with nearly 95 million forcibly displaced people—including internally displaced persons (IDPs), asylum seekers and refugees—living in countries facing food crises such as the Democratic Republic of Congo, Colombia, Sudan, and Syria, out of a global total of 128 million forcibly displaced people.

    “This Global Report on Food Crises is another unflinching indictment of a world dangerously off course,”said United Nations Secretary-General António Guterres. “Long-standing crises are now being compounded by another, more recent one: the dramatic reduction in lifesaving humanitarian funding to respond to these needs. This is more than a failure of systems – it is a failure of humanity. Hunger in the 21st century is indefensible. We cannot respond to empty stomachs with empty hands and turned backs.”   

    Key drivers of acute food insecurity and malnutrition: 

    • Conflict remained the top driver of acute food insecurity, affecting around 140 million people in 20 countries and territories. Famine has been confirmed in Sudan, while other hotspots with people experiencing Catastrophic levels of acute food insecurity include the Gaza Strip, South Sudan, Haiti, and Mali.
    • Economic shocks including inflation and currency devaluation, drove hunger in 15 countries affecting 59.4 million people – still nearly double pre-COVID 19 levels despite a modest decline from 2023. Some of the largest and most protracted food crises were primarily driven by economic shocks, including in Afghanistan, South Sudan, Syrian Arab Republic, and Yemen.
    • Weather extremes particularly El Niño-induced droughts and floods, pushed 18 countries into food crises affecting over 96 million people, with significant impacts in Southern Africa, Southern Asia and the Horn of Africa.

    According to the GRFC outlook, hunger shocks will likely persist into 2025, as the Global Network anticipates the most significant reduction in humanitarian funding for food and nutrition crises in the report’s history. 

    Call for bold reset to break cycle of food crises  

    Acute food insecurity and malnutrition have increased to record levels, yet global funding is experiencing its fastest decline in years, and political momentum is weakening. 

    Breaking the cycle of rising hunger and malnutrition requires a bold reset – one that prioritizes evidence-driven and impact-focused action. This means pooling resources, scaling what works, and putting the needs and voices of affected communities at the heart of every response.

    Beyond emergency aid, the Global Network Against Food Crises recommends investing in local food systems and integrated nutrition services to address long-term vulnerabilities and build resilience to shocks – especially in crisis-prone regions where 70 percent of rural households rely on agriculture for sustenance and livelihood.

    # # #

    Leadership quotes: 

    Hadja Lahbib, EU Commissioner for Equality, Preparedness and Crisis Management:

    “This year’s Global Report on Food Crises paints yet another stark and unacceptable picture of rising hunger. This is not merely a call to action — it is a moral imperative. At a time when funding cuts are straining the humanitarian system, we reaffirm our commitment to fight global hunger. We will not abandon the most vulnerable, especially in fragile and conflict-affected countries. We will continue to champion and defend International Humanitarian Law. Today’s challenges are greater than ever — but so is our solidarity. Now is the time to act with unity and resolve, and to prove that even in the hardest times, humanity can and will rise to the challenge.”

    QU Dongyu, Director-General, FAO: “As we launch the 2025 Global Report on Food Crises, we are cognizant that acute food insecurity is not just a crisis – it is a constant reality for millions of people, most of whom live in rural areas. The path forward is clear: investment in emergency agriculture is critical, not just as a response, but as the most cost-effective solution to deliver significant long-lasting impact.”

    Alvaro Lario, President, IFAD: “The report makes clear that humanitarian responses must go hand-in hand with investments in rural development and resilience building to create long-term stability that lasts beyond emergency interventions. Rural communities – especially smallholder farmers – are central to food security, resilience, and growth. This is even more true in fragile settings.”

    Raouf Mazou, Assistant High Commissioner for Operations, UNHCR: “People who have been displaced show remarkable strength, but resilience alone can’t end hunger. As food insecurity worsens and humanitarian crises become more prolonged, we need to shift from emergency aid to sustainable responses. That means creating real opportunities—access to land, livelihoods, markets and services—so people can feed themselves and their families, not just today, but well into the future.”

    Catherine Russell, Executive Director, UNICEF:  “In a world of plenty, there is no excuse for children to go hungry or die of malnutrition. Hunger gnaws at the stomach of a child. It gnaws, too, at their dignity, their sense of safety, and their future. How can we continue to stand by when there is more than enough food to feed every hungry child in the world? How can we ignore what is happening in front of our eyes?  Millions of children’s lives hang in the balance as funding is slashed to critical nutrition services.”

    Axel van Trotsenburg, Senior Managing Director for Development Policy and Partnerships, World Bank: “The global hunger crisis threatens not just lives, but the stability and potential of entire societies. What is needed now is collective action so we can build a future free of hunger.” 

    Cindy McCain, Executive Director, WFP: “Like every other humanitarian organization, WFP is facing deep budget shortfalls which have forced drastic cuts to our food assistance programs. Millions of hungry people have lost, or will soon lose, the critical lifeline we provide. We have tried and tested solutions to hunger and food insecurity. But we need the support of our donors and partners to implement them.”

    Note to Editor

    Download the GFRC here  

    Broadcast quality B-Roll here 

    The Global Report on Food Crises (GRFC) is published  annually by the Global Network Against Food Crises (GNAFC) with analysis from the Food Security Information Network (FSIN).

    About the GNAFC

    The Global Network Against Food Crises (GNAFC) is an international alliance of the United Nations, the European Union, governmental and non-governmental agencies working together to address food crises. a unique platform of key operational agencies, international financial institutions, member states and organisations jointly seeking to reduce and end hunger with evidence-based actions proven to deliver impact. 

    For more information please contact: 

    European Union  

    Eva Hrncirova 

    Civil Protection and Humanitarian Aid Operations 

    eva.hrncirova@ec.europa.eu

    FAO 

    Irina Utkina 

    News and Media 

    irina.utkina@fao.org

     

    IFAD

    Caroline Chaumont

    c.chaumont@ifad.org 

    UNHCR

    William Spindler 

    Senior Communications Officer 

    spindler@unhcr.org 

     

    UNICEF

    Nadia Samie-Jacobs

    Communication Specialist (Media) 

    nsamie@unicef.org

    Tel: +1 845 760 2615

     

    World Bank

    Nicolas Douillet

    Communications Lead, Food & Agriculture 

    ndouillet@worldbankgroup.org 

    Tel: +1 202 378 7468 

    WFP

    Machrine Birungi

    Media Relations Specialist 

    machrine.birungi@wfp.org

    MIL OSI United Nations News –

  • MIL-OSI Australia: Crocodile captured in Tyto Wetlands at Ingham

    Source: Tasmania Police

    Issued: 16 May 2025

    Open larger image

    A 3.4-metre estuarine crocodile that was occupying a waterbody in Ingham’s Tyto Wetlands was removed from the wild on 10 May 2025.

    The Department of the Environment, Tourism, Science and Innovation (DETSI) targeted the animal for removal due to its size and location near a high-use recreational area and children’s playground.

    DETSI received multiple sighting reports from concerned members of the public, and a site assessment by wildlife rangers confirmed the presence of the crocodile.

    Senior Wildlife Ranger, Tony Frisby said reporting crocodile sightings is important for public safety, by providing the department important information about the crocodile’s size, location and behaviour.

    “We’d like to thank those people who reported the crocodile. Their information helped us to determine that it should be declared a problem crocodile and targeted for removal,” Mr Frisby said.

    “The crocodile was captured in a baited trap and it will be rehomed at a crocodile farm or zoo.

    “People are reminded that the Ingham area is crocodile habitat, and crocodiles do move in and out of the artificial Tyto Wetlands, particularly during flooding.

    “Crocodiles could be present in any waterway in the Ingham area, and people should make sensible choices when they are around the water.

    “As we head into winter, crocodiles will likely spend more time on creek and riverbanks, and may be seen in locations where they haven’t been seen in years or haven’t been seen before.

    “It is important to report all crocodile sightings to us as soon as possible, and wildlife rangers investigate every sighting report.”

    Crocodile sightings can be reported by using the QWildlife app, completing a crocodile sighting report on the DETSI website, or by calling 1300 130 372. The department investigates every crocodile sighting report received.

    Further information is available at: Be Crocwise.

    MIL OSI News –

  • MIL-OSI: OptimizeRx to Participate in Upcoming Investor Conferences

    Source: GlobeNewswire (MIL-OSI)

    WALTHAM, Mass., May 16, 2025 (GLOBE NEWSWIRE) — OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of healthcare technology solutions helping life sciences companies reach and engage healthcare professionals (HCPs) and patients, today announced that management will participate in the following upcoming investor conferences:

    • B. Riley Securities 25th Annual Investor Conference, Marina del Rey, May 21 – 22, 2025
    • Stifel 2025 Boston Cross Sector 1×1 Conference, Boston, June 3 – 4, 2025
    • 45th Annual William Blair Growth Stock Conference, Chicago, June 3 – 5, 2025
    • The Citizens Medical Devices and Healthcare Services Forum, Boston, June 17, 2025
    B. Riley Securities 25thAnnual Investor Conference
    Date:  Thursday, May 22, 2025
    Format: 1×1 Meetings & Fireside Chat
    Location: The Ritz-Carlton, Marina del Rey
       
    Stifel 2025 Boston Cross Sector 1×1 Conference
    Date:  Tuesday, June 3, 2025
    Format: 1×1 Meetings
    Location: InterContinental Boston
       
    45thAnnual William Blair Growth Stock Conference
    Date:  Thursday, June 5, 2025
    Format: 1×1 Meetings
    Location: Loews Chicago Hotel
       
    The Citizens Medical Devices and Healthcare Services Forum
    Date:  Tuesday, June 17, 2025
    Format: 1×1 Meetings
    Location: Boston Harbor Hotel


    To request a meeting or for more details about the conferences please reach out to your institutional contact.

    About OptimizeRx

    OptimizeRx is a leading healthcare technology company that’s redefining how life science brands connect with patients and healthcare providers. Our platform combines innovative AI-driven tools like the Dynamic Audience Activation Platform (DAAP) and Micro-Neighborhood Targeting (MNT) to deliver timely, relevant, and hyper-local engagement. By bridging the gap between HCP and DTC strategies, we empower brands to create synchronized marketing solutions that drive faster treatment decisions and improved patient outcomes.

    Our commitment to privacy-safe, patient-centric technology ensures that every interaction is designed to make a meaningful impact, delivering life-changing therapies to the right patients at the right time. Headquartered in Waltham, Massachusetts, OptimizeRx partners with some of the world’s leading pharmaceutical and life sciences companies to transform the healthcare landscape and create a healthier future for all.

    OptimizeRx Contact
    Andy D’Silva, SVP Corporate Finance
    adsilva@optimizerx.com

    Investor Relations Contact
    Steven Halper
    LifeSci Advisors, LLC
    shalper@lifesciadvisors.com

    The MIL Network –

  • MIL-OSI Europe: Statement by the High Representative on behalf of the European Union on the alignment of certain countries concerning restrictive measures  in view of actions destabilising the Republic of Moldova

    Source: Council of the European Union

    Statement by the High Representative on behalf of the European Union on the alignment of certain third countries with Council Decision (CFSP) 2025/824 of 25 April 2025 amending Decision (CFSP) 2023/891 concerning restrictive measures  in view of actions destabilising the Republic of Moldova.

    MIL OSI Europe News –

  • MIL-OSI United Kingdom: Championing the cream of the crop at Balmoral Show

    Source: Northern Ireland City of Armagh

    The Ballylisk’s of Armagh stand was very busy this year

    A Food Heartland envoy, including the Lord Mayor, Councillor Sarah Duffy, Deputy Lord Mayor, Councillor Kyle Savage, Alderman Paul Greenfield (Chair of Economic Development and Regeneration Committee) and Chief Executive Roger Wilson OBE, visited Balmoral Show yesterday – Thursday 15th May – to show support for breeders and agri-businesses from across the borough.

    The Food Heartland Agri Champions were also present, taking the opportunity to meet with producers, engage with visitors, and network with key industry players. Their presence underscored the borough’s dedication to innovation and sustainability within the agri-food sector.

    Throughout the event, Food Heartland representatives connected with important stakeholders including the Ulster Farmers’ Union (UFU), the Rural Support Network, and Food NI, reinforcing strong collaborative ties that continue to strengthen the region’s agricultural economy.

    The Balmoral Show remains a vital platform for showcasing the talent, quality, and resilience of the local agri-food industry, and Food Heartland was delighted to be part of it.

    MIL OSI United Kingdom –

  • MIL-OSI China: Senior official of south China’s Guangxi under probe

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

    Lan Tianli, deputy Party chief of south China’s Guangxi Zhuang Autonomous Region and chairman of the regional government, is under investigation for suspected severe violations of discipline and law.

    The probe is being conducted by the Communist Party of China Central Commission for Discipline Inspection and the National Commission of Supervision, according to a statement released on Friday. 

    MIL OSI China News –

  • MIL-OSI China: Xi extends condolences to Uruguayan President Orsi over death of former president

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

    Chinese President Xi Jinping on Friday extended condolences to Uruguayan President Yamandu Orsi over the death of former Uruguayan President Jose Mujica.

    In his message, Xi expressed deep condolences on behalf of the Chinese government and people, and extended sincere sympathies to Mujica’s family and the people of Uruguay. 

    MIL OSI China News –

  • MIL-OSI China: Delegations of Russia, Ukraine start meeting in Istanbul

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

    Delegations of Russia and Ukraine have started their meeting in Türkiye’s Istanbul on Friday, televised footage showed.

    In his opening remarks at the meeting, Turkish Foreign Minister Hakan Fidan said, “This meeting will determine the future meeting between the leaders of the countries.” 

    MIL OSI China News –

  • MIL-OSI China: China’s digital industry revenue up 9.4 pct in Q1

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

    China’s digital industry generated a revenue of 8.5 trillion yuan (about 1.18 trillion U.S. dollars) in the first quarter, up 9.4 percent from the same period last year.

    The growth rate is 4.4 percentage points higher than the same period last year, data from the Ministry of Industry and Information Technology showed Friday.

    In breakdown, the revenue in manufacturing rose 10.4 percent, while digital revenue in service climbed 8.2 percent.

    The number of 5G base stations in China topped 4.39 million by the end of March, with the user penetration rate reaching 75.9 percent, the ministry said in April.

    Key sectors in the digital economy have been steady. The software industry generated revenues of 3.1 trillion yuan, marking a year-on-year increase of 10.6 percent.

    China has been committed to developing digital technology to transform and upgrade its traditional industries.

    According to this year’s government work report, the country will “accelerate the digitalization of manufacturing, foster a number of service providers with both industry expertise and digital know-how, and bolster support for the digital transformation of small and medium-sized enterprises.”

    China is also advancing an “AI Plus” initiative, which calls for collective efforts to effectively combine digital technologies with the country’s manufacturing and market strengths.

    MIL OSI China News –

  • MIL-OSI China: China urges US to stop suppression of Chinese tech enterprises, AI industry

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

    China urges the United States to immediately correct its protectionist and unilateral bullying actions, and cease its unscrupulous suppression of Chinese technology firms and AI industry, a Chinese foreign ministry spokesperson said on Friday.

    According to reports, the Bureau of Industry and Security of the U.S. Department of Commerce recently issued an announcement regarding the use of Huawei’s Ascend chips as a violation of U.S. export controls, and warned the public of the potential consequences of allowing the use of U.S. AI chips to train Chinese AI models.

    In response, spokesperson Lin Jian told a daily news briefing that the U.S. side overstretched the concept of national security and abused export control and long-arm jurisdiction to maliciously block and suppress China’s chip products and artificial intelligence industries for no reason. Such actions seriously violate market rules, disrupt the stability of the global production and supply chain, and infringe upon the legitimate rights and interests of Chinese enterprises.

    “China firmly opposes this and will never accept it,” he noted.

    China will take resolute measures to safeguard its own right to development and the legitimate rights and interests of Chinese enterprises, Lin added. 

    MIL OSI China News –

  • MIL-OSI Asia-Pac: Director-General of Office for Attracting Strategic Enterprises visits Hangzhou and Shanghai to promote Hong Kong’s advantages

    Source: Hong Kong Government special administrative region

    Director-General of Office for Attracting Strategic Enterprises visits Hangzhou and Shanghai to promote Hong Kong’s advantages 
    During the visit to Hangzhou from May 13 to 15, Mr Yan engaged with several leading enterprises in AI and data science, and cultural and creative industries. Additionally, he met with representatives from the Hangzhou Science and Technology Bureau to explore collaborative opportunities. The discussions focused on how Hong Kong and the Yangtze River Delta region can leverage their respective strengths to fill gaps and capitalise on research opportunities, supported by global talent.
     
    Mr Yan stated, “Hangzhou, renowned for its dynamic technology ecosystem and advanced AI research and development capabilities, has emerged as a key innovation hub in China. The city’s cultural and creative sector has experienced significant growth, particularly in the gaming industry, with recent successes like Black Myth: Wukong exemplifying its ability to fuse Chinese heritage with cutting-edge technology. We encourage more enterprises in the AI and cultural and creative industries to capitalise on Hong Kong’s unique advantages to expand globally while fostering the vibrant growth of local AI and creative sectors.”

    Mr Yan started his visit to Shanghai on the afternoon of May 15. He highlighted the city’s role as a key economic hub and leader in life and health technology, driving innovation in pharmaceuticals and healthcare. He emphasised how Hong Kong’s AI and data infrastructure could drive industry growth and foster cross-border collaboration.
    ???
    Apart from life and health technology industry leaders, Mr Yan also met with leaders of cultural and creative and advanced manufacturing industries, holding strategic discussions with the Shanghai Municipal Commission of Science and Technology to enhance the innovation ecosystem and foster high-potential ventures.Issued at HKT 19:40

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Medical innovation advisers meet

    Source: Hong Kong Information Services

    The Secretary for Health Prof Lo Chung-mau today chaired the first meeting of the Advisory Committee on Health & Medical Innovation Development.

    The advisory committee receives staunch support from the National Medical Products Administration, with Department of Drug Registration Director Yang Ting joining as official representative of the national drug regulatory authority.

    During the meeting, committee members were briefed on the progress of the establishment of the Centre for Medical Products Regulation. The preparatory office for the centre is taking forward measures with the objective of putting forward a timetable for its establishment and the roadmap towards the adoption of “primary evaluation” in the first half of this year.

    The measures include examining the need for new legislation, mapping out the strategies to reform the regulatory regime of drugs and medical devices, and advancing plans for “primary evaluation”.

    The committee members also offered advice on the proposals for establishing the Real-World Study & Application Centre.

    The centre aims to enhance access and application of health and medical databases, as well as strengthen collaboration between Hong Kong and the Mainland, particularly in integrating data generated by the use of Hong Kong-registered drugs and medical devices used in Hong Kong public hospitals in the Greater Bay Area.

    This is to achieve three major objectives: accelerating the research and development (R&D), approval and market launch of innovative medical products; leveraging data to support evidence-based decision-making; and developing Hong Kong into a leading region and global hub for real-world studies. The Government strives to establish the centre by the end of this year.

    Prof Lo said that the Government will strenuously work in line with the national objective of further reforming the medical and healthcare system and take forward the establishment of the two centres by complementing technological innovation with institutional innovation.

    “We will fully utilise the institutional advantages of ‘one country, two systems’ and Hong Kong’s professional healthcare strengths to develop the city into an international health and medical innovation hub, thereby enabling patients to benefit from the most advanced diagnostic and treatment technologies and achieving the concept of bringing the benefits of good drugs and R&D to Hong Kong.

    “At the same time, we aim to attract more local, Mainland and overseas pharmaceutical and medical device enterprises to conduct R&D and clinical trials in Hong Kong, thereby developing new quality productive forces in biomedicine and a new model for Hong Kong’s health and medical innovation development, so as to make further contributions to the overall development of the nation.”

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: First Genetic Counseling Professional Science Master’s Students Graduate

    Source: US State of Connecticut

    The first graduates from the University of Connecticut’s Professional Science Master’s (PSM) in genetic counseling were hooded last Tuesday. The program was ten years in the making and is the first such accredited program at a public university in New England.

    “Watching our first cohort graduate today was nothing short of incredible,” says program director and UConn Health pediatric genetics counselor Maria Gyure. “These graduates didn’t just complete a program – they helped build it. I couldn’t be prouder to send them out into the world as the next generation of genetic counselors. We have no doubt they will serve as exemplary ambassadors for our program and make meaningful contributions to the communities they serve.”

    From left to right: Samantha Wesoly, Lila Aiyar, Kathryn Cavanna, Heather Gaddy, Natalie Cartwright, Mariangelie Beaudry, Karina Mancini, Stephanie Auger, Matthew Ruegg, and Maria Gyure (Rachel O’Neill/UConn Photo)

    The two-year program is uniquely positioned to give students broad experience in both research and clinical genetics. The Genetic Counseling PSM is housed under the auspices of the Institute for Systems Genomics (ISG). The ISG includes researchers and clinicians at UConn Health, Connecticut Children’s, and The Jackson Laboratory for Genomic Medicine. Those relationships, along with others, allow students to participate in a series of 10-week fieldwork rotations throughout their training. Students are placed in clinical rotations in diverse areas, including prenatal, pediatric, cancer, cardiovascular, and metabolic genetic counseling, as well as a laboratory rotation. An enrichment rotation gives students the opportunity to tailor a fieldwork experience aligned with their individual interests, in specialty clinics, industry, and advocacy.

    They are also required to take part in a genetic research project beginning in the second semester. This graduating class focused on areas including forensic genetic genealogy, the human right to health, barriers to newborn genomic research, underrepresented populations in rare disease research, among others.

    “The graduating class of 2025 represents a remarkable achievement, not only for the outstanding students in the program, but for the leadership and faculty that have made this program possible,” says ISG director Rachel O’Neill.

    UConn’s tuition is generally more affordable than the private university genetic counseling programs elsewhere in the region, making it more accessible for potential students. Interested potential students are encouraged to look at the program’s homepage as applications open in the fall.

    MIL OSI USA News –

  • MIL-OSI: reAlpha Tech Corp. Announces 4,432% Year-over-Year Revenue Growth for Quarter Ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ohio, May 16, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced financial results for the quarter ended March 31, 2025.

    Financial Highlights:

    • Revenue increased 4,432% to $925,635 in the first quarter of 2025, compared to $20,426 in the first quarter of 2024.
    • Cash was approximately $1.2 million as of the first quarter of 2025, compared to $3.1 million in the first quarter of 2024.
    • Net loss was approximately $2.85 million in the first quarter of 2025, compared to a net loss of approximately $1.41 million in the first quarter of 2024, which increase in net loss was mainly due to increased operating expenses resulting from the integration of the Company’s recent acquisitions. While the Company reported a higher net loss year-over-year, the net profit margin increased from approximately (6,947)% to (309)% year-over-year, due to increased operating efficiency across the business and integration of recent acquisitions.
    • Adjusted EBITDA was approximately $(1.96) million in the first quarter of 2025, compared to approximately $(1.34) million in the first quarter of 2024.

    Piyush Phadke, Chief Financial Officer of reAlpha, commented, “Our progress in the first quarter of 2025 is a definite step in the right direction and further corroborates the positive trend in revenue growth and EBITDA margins reflected in our 2024 annual report.” He further added, “We believe that by combining AI-driven technology with strategic acquisitions in real estate services, we have driven strong revenue growth and are building a scalable platform aimed at making homeownership more affordable. We intend to carry this momentum forward throughout the year.”

    Business Highlights

    • Launched several tools to enhance operational efficiency and customer experience, including the rollout of a comprehensive internal lead tracking system and the launch of a new public-facing website for Be My Neighbor, one of the Company’s subsidiaries.
    • Appointed Piyush Phadke as Chief Financial Officer and Vijay Rathna as Chief Crypto Officer.
    • Announced the acquisition of GTG Financial, Inc. (“GTG”), a mortgage brokerage founded by a U.S. marine in 2017 and licensed in seven U.S. states. GTG’s acquisition complements the Company’s acquisition of Be My Neighbor in 2024 and highlights the Company’s focus on the mortgage brokerage market. From the date of acquisition to the end of the first quarter of 2025, GTG contributed to originating 36 mortgages for a total loan volume of approximately $22.4 million since its acquisition by the Company in the first quarter of 2025.
    • Secured a $5 million media-for-equity investment from Mercurius Media Capital LP on March 10, 2025, which is providing the Company with access to significant marketing exposure while preserving cash. One of the active campaigns is promoting the reAlpha platform on Willow TV across all 50 U.S. states.

    About reAlpha Tech Corp.

    reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company transforming the multi-trillion dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines the homebuying journey, including real estate brokerage, mortgage and title services. With a strategic, acquisition-driven growth model and a proprietary AI infrastructure, reAlpha is building a vertically integrated ecosystem designed to deliver a streamlined and more affordable path to homeownership. For more information, visit www.realpha.com.

    Forward-Looking Statements

    The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements relating to acquisitions, business strategy and plans, objectives of management for future operations of reAlpha, market size and growth opportunities, competitive position and technological and market trends, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha’s ability to successfully identify and acquire companies that are complementary to its business model; reAlpha’s ability to commercialize its developing AI-based technologies; the inability to maintain and strengthen reAlpha’s brand and reputation; any accidents or incidents involving cybersecurity breaches and incidents; the inability to accurately forecast demand for short-term rentals and AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s U.S. Securities and Exchange Commission (“SEC”) filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Investor Relations Contact:

    Adele Carey, VP of Investor Relations
    investorrelations@realpha.com

    Media Contact:

    Cristol Rippe, Chief Marketing Officer
    media@realpha.com

     
    reAlpha Tech Corp. and Subsidiaries
    Condensed Consolidated Balance Sheet
    March 31, 2025 (Unaudited) and December 31, 2024
                 
        March 31,
    2025    		     December 31,
    2024    		  
    ASSETS   (unaudited)        
                 
    Current Assets            
    Cash   $ 1,204,400     $ 3,123,530  
    Accounts receivable, net     164,693       182,425  
    Receivable from related parties     7,408       12,873  
    Prepaid expenses     5,183,968       180,158  
    Current assets of discontinued operations     56,931       56,931  
    Other current assets     278,422       487,181  
    Total current assets     6,895,822       4,043,098  
                     
    Property and equipment, net     101,407       102,638  
                     
    Other Assets                
    Investments     214,128       215,000  
    Other long term assets     954,000       31,250  
    Intangible assets, net     3,256,713       3,285,406  
    Goodwill     7,010,689       4,211,166  
    Capitalized software development – work in progress     105,900       105,900  
    TOTAL ASSETS   $ 18,538,659     $ 11,994,458  
                     
    LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)                
                     
    Current Liabilities                
    Accounts payable   $ 940,896     $ 655,765  
    Related party payables     9,380       9,287  
    Short term loans – related parties -current portion     245,292       261,986  
    Short term loans – unrelated parties -current portion     449,622       519,153  
    Note payable, current-net of discount     5,010,627       –  
    Accrued expenses     994,728       1,164,813  
    Deferred liabilities, current portion     4,191,060       1,534,433  
    Total current liabilities     11,841,605       4,145,437  
                     
    Long-Term Liabilities                
    Embedded Derivate Liability     4,327,930       –  
    Preferred stock liability     957,177          
    Other long term loans – related parties – net of current portion     27,131       45,052  
    Other long term loans – unrelated parties – net of current portion     217,036       241,121  
    Note payable, net of discount     –       4,909,376  
    Other long term liabilities     2,133,000       1,086,000  
    Total liabilities     19,503,879       10,426,986  
                     
    Stockholders’ Equity (Deficit)                
    Series A Convertible Preferred Stock  ($0.001 par value; 5,000,000 shares authorized) 1,000,000 shares designated; 264,063 and 0 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively     –       –  
    Common stock ($0.001 par value; 200,000,000 shares authorized, 46,230,934 shares outstanding as of March 31, 2025; 200,000,000 shares authorized, 45,864,503 shares outstanding as of December 31, 2024)     46,230       45,865  
    Additional paid-in capital     40,099,285       39,770,060  
    Accumulated deficit     (41,110,855 )     (38,260,913 )
    Accumulated other comprehensive income     (6,920 )     5,011  
    Total stockholders’  (deficit) equity of reAlpha Tech Corp.     (972,260 )     1,560,023  
                     
    Non-controlling interests in consolidated entities     7,040       7,449  
    Total stockholders’ (deficit) equity     (965,220 )     1,567,472  
    TOTAL LIABILITIES AND STOCKOLDERS’ (DEFICIT) EQUITY   $ 18,538,659     $ 11,994,458  
                     
     
    reAlpha Tech Corp. and Subsidiaries
    Condensed Consolidated Statements of Operations and Comprehensive Loss
    For the Three Ended March 31, 2025 and 2024 (unaudited)
               
      For the Three
    Months Ended    		     For the Three
    Months Ended    		  
      March 31,
    2025    		     March 31,
    2024    		  
               
    Revenues $ 925,635     $ 20,426  
    Cost of revenues   406,968       18,249  
    Gross Profit   518,667       2,177  
                   
    Operating Expenses              
    Wages, benefits and payroll taxes   1,060,104       418,902  
    Repairs and maintenance   854       749  
    Utilities   5,213       1,663  
    Travel   60,991       46,964  
    Dues and subscriptions   52,232       12,113  
    Marketing and advertising   518,939       76,784  
    Professional and legal fees   742,159       468,725  
    Depreciation and amortization   179,149       71,453  
    Other operating expenses   321,284       211,482  
    Total operating expenses   2,940,925       1,308,835  
                   
    Operating Loss   (2,422,258 )     (1,306,658 )
                   
    Other Expense (income)              
    Changes in fair value of contingent consideration   93,000       –  
    Interest expense, net   205,247       10,445  
    Other expense, net   129,846       101,103  
    Total other expense   428,093       111,548  
                   
    Net Loss from continuing operations before income taxes   (2,850,531 )     (1,418,206 )
                   
    Net Loss from continuing operations   (2,850,351 )     (1,418,206 )
                   
    Discontinued operations (Roost and Rhove)              
    Loss from operations of discontinued Operations   –       (839 )
    Loss on discontinued operations   –       (839 )
                   
    Net Loss $ (2,850,351 )   $ (1,419,045 )
                   
    Less: Net Loss Attributable to Non-Controlling Interests   (409 )     (65 )
                   
    Net Loss Attributable to Controlling Interests $ (2,849,942 )   $ (1,418,980 )
                   
    Other comprehensive income              
    Foreign currency translation adjustments   (11,931 )     –  
     Total other comprehensive loss   (11,931 )     –  
                   
    Comprehensive Loss Attributable to Controlling Interests $ (2,861,873 )   $ (1,418,980 )
                   
    Basic loss per share              
    Continuing operations $ (0.06 )   $ (0.03 )
    Discontinued operations $ –     $ (0.00 )
    Net Loss per share — basic $ (0.06 )   $ (0.03 )
                   
    Diluted loss per share              
    Continuing operations $ (0.06 )   $ (0.03 )
    Discontinued operations $ –     $ (0.00 )
    Net Loss per share — diluted $ (0.06 )   $ (0.03 )
                   
    Weighted-average outstanding shares — basic   45,913,591       44,122,091  
                   
    Weighted-average outstanding shares — diluted   47,662,152       44,122,091  
                   
     
    reAlpha Tech Corp. and Subsidiaries
    Condensed Consolidated Statements of Cash Flows
    For the Three Months Ended March 31, 2025, and 2024 (unaudited)
               
      For the Three
    Months Ended    		     For the Three
    Months Ended    		  
      March 31,
    2025    		     March 31,
    2024    		  
    Cash Flows from Operating Activities:          
    Net Loss $ (2,850,351 )   $ (1,419,045 )
    Adjustments to reconcile net loss to net cash used in operating activities:              
    Depreciation and amortization   130,399       71,453  
    Amortization of loan discounts   121,251       –  
    Stock based compensation   78,355       –  
    Change in fair value of contingent consideration   93,000       –  
    Non cash Commitment fee expenses   125,000       125,000  
    Non cash Dividend payable on preferred stock   184       –  
    Gain on sale of properties   –       (31,378 )
    Loss from equity method investment   872       –  
    Changes in operating assets and liabilities              
    Accounts receivable   17,732       18,463  
    Receivable from related parties   5,465       –  
    Payable to related parties   93       9,800  
    Prepaid expenses   (3,810 )     25,492  
    Other current assets   (7,160 )     (1,788 )
    Accounts payable   184,803       (28,263 )
    Accrued expenses   (187,813 )     (296,972 )
    Deferred liabilities   24,877       –  
    Total adjustments   583,248       (108,193 )
    Net cash used in operating activities   (2,267,103 )     (1,527,238 )
                   
    Cash Flows from Investing Activities:              
    Additions to property and equipment   (13,665 )     –  
    Proceeds from sale of properties   –       78,000  
    Net Cash paid to acquire business   349,529       –  
    Cash used for additions to capitalized software   (91,310 )     (97,700 )
    Net cash provided by (used in) investing activities   244,554       (19,700 )
                   
    Cash Flows from Financing Activities:              
    Proceeds from issuance of debt – related parties   155,481       –  
    Payments of debt   (283,711 )     (71,286 )
    Proceeds from issuance of common stock   231,235       –  
     Net cash provided by (used in) financing activities   103,005       (71,286 )
                   
    Net decrease in cash   (1,919,544 )     (1,618,224 )
                   
                   
    Cash – Beginning of Period   3,123,944       6,456,370  
                   
    Cash – End of Period $ 1,204,400     $ 4,838,146  
                   
                   
                   

    Explanatory Notes on Use of Non-GAAP Financial Measures

    To supplement reAlpha’s financial information presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”), reAlpha believes “Adjusted EBITDA,” a “non- U.S. GAAP financial measure”, as such term is defined under the rules of the SEC, is useful in evaluating reAlpha’s operating performance. reAlpha uses Adjusted EBITDA to evaluate reAlpha’s ongoing operations and for internal planning and forecasting purposes. reAlpha believes that Adjusted EBITDA may be helpful to investors because it provides consistency and comparability with past financial performance. However, Adjusted EBITDA is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with U.S. GAAP. In addition, other companies, including companies in reAlpha’s industry, may calculate similarly titled non-U.S. GAAP measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of reAlpha’s non-U.S. GAAP financial measures as tools for comparison. A reconciliation is provided below for each non-U.S. GAAP financial measure to the most directly comparable financial measure stated in accordance with U.S. GAAP. Investors are encouraged to review the related U.S. GAAP financial measures and the reconciliation of these non- U.S. GAAP financial measures to their most directly comparable U.S. GAAP financial measures, and not to rely on any single financial measure to evaluate reAlpha’s business.

    We use Adjusted EBITDA, a non- U.S. GAAP financial measure, to evaluate our operating performance and facilitate comparisons across periods and with peer companies. We reconcile our Adjusted EBITDA to our net income (loss) adjusted to exclude interest expense, depreciation and amortization, share-based compensation, and other non-cash, non-operating, or non-recurring items that we believe are not indicative of our core business operations. We believe this measure provides useful insight into our ongoing performance; however, it should not be considered a substitute for, or superior to, net income or other financial information prepared in accordance with U.S. GAAP.

    The following table provides a reconciliation of net income to Adjusted EBITDA for the periods presented below:

      For the Three Months
    Ended March 31,    		  
      2025     2024  
    Net (Loss) Income $ (2,850,351 )   $ (1,419,045 )
    Adjusted to exclude the following              
    Depreciation and amortization   179,149       71,453  
    Changes in fair value of contingent consideration   93,000       –  
    Interest expense   205,247       10,445  
    Amortization of Loan Discounts and Origination Fee(1)   121,251       –  
    GEM commitment fee (2)   125,000       –  
    Share based compensation (3)   78,355       –  
    Acquisition-related expenses (4)   87,352       –  
    Adjusted EBITDA   (1,960,997 )     (1,337,147 )
    (1) Reflects the amortized original issue discount related to that certain secured promissory note issued to Streeterville Capital, LLC on August 14, 2024.
    (2) This pertains to the commitment fee of $1 million in connection with the equity facility we have in place with GEM Global Yield LLC and GEM Yield Bahamas Limited, which has been amortized over a period of 24 months.
    (3) Compensation provided to employees for services through share-based awards, which is recognized as a non-cash expense.
    (4) Expenses related to acquisitions, including professional and legal fees, which are excluded from U.S. GAAP financial measures to provide a clearer view of ongoing operational performance.
       

    The MIL Network –

  • MIL-OSI: XRP News: XenDex Almost Sells Out Presale Before DEX Launch As XRP Price Keeps Going Up, Buy $XDX Now And Make Profits When Listed On Exchange

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, May 16, 2025 (GLOBE NEWSWIRE) — As XRP gains major traction in global markets, XenDex is cementing its place as the most promising decentralized exchange on the XRP Ledger, and time is quickly running out to join early.

    The $XDX presale has already surpassed its soft cap, and with the hard cap now nearly filled, investor demand has pushed XenDex into the final phase of its presale. With token prices set to rise significantly upon listing, this is the last opportunity to secure $XDX at launch pricing.

    Buy $XDX Now Before Listing On Binance

    This surge in interest comes as XRP’s momentum explodes following a string of historic developments: the SEC’s lawsuit withdrawal, Judge Torres’ favorable rulings, and the approval of ProShares’ XRP Futures ETF. Combined with Brazil’s first XRP Spot ETF, market confidence is soaring and many now believe XRP could hit $1,000 in the long run.

    What Is XenDex?

    XenDex is building the first all-in-one DEX for XRPL, with Version 1 currently in development. A full platform mockup will be revealed soon, showcasing:

    • AI Copy Trading
    • Non-Custodial Lending & Borrowing
    • Cross-Chain Trading (BNB, Solana, Ethereum)

    Join XenDex Presale

    Only $XDX presale buyers will get early access to the XenDex platform upon launch.

    $XDX Presale Details

    • Price: 1.25 XRP = 10 XDX
    • Minimum Buy: 150 XRP

    Buy Now Before It’s Too Late: https://xendex.net/presale

    Exchange Listings Confirmed

    Post-presale, $XDX will be listed on:

    • Binance
    • Gate.io
    • MEXC
    • BitMart
    • FirstLedger
    • MagneticX

    Thousands have already joined the XenDex community across Telegram and X (Twitter), locking in their $XDX tokens before exchange listings go live. With the soft cap filled, token supply shrinking, and momentum building by the hour, this is your last best opportunity to buy before price pressure explodes.

    Buy XDX Token Now on XenDex

    With the XRP market booming as a result of the SEC’s lawsuit withdrawal, Judge Torres’ favorable rulings, and the approval of ProShares’ XRP Futures ETF, combined with Brazil’s first XRP Spot ETF, market confidence is soaring and many now believe XRP could hit $1,000 in the long run, XenDex is set to launch soon, this is your last chance to buy low before listings go live.

    Be among the first to use the platform. Join the DeFi revolution on XRP.

    Join the XenDex Movement

    Website: https://xendex.net
    Presale: https://xendex.net/presale
    Telegram: https://t.me/xendexcommunity
    Twitter/X: https://x.com/xendex_xrp
    Docs: https://xdxdocs.gitbook.io

    Contact:
    Frank Richards
    Frank@xendex.net

    Disclaimer: This is a paid post provided by XenDex. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/61ed758c-715d-4a82-9315-f1de9597bb74

    The MIL Network –

  • MIL-OSI: Form 8.3 – [GLOBALDATA PLC – 15 05 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 GLOBALDATA PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 15 MAY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 0.01p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 11,068,280 1.3723    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 11,068,280 1.3723    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.01p ORDINARY SALE 5,000 188.76p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 16 MAY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Remote Access Awarded the Spring 2025 Top Rated Award in Remote Desktop Category by TopBusinessSoftware.com

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., May 16, 2025 (GLOBE NEWSWIRE) — TSplus, global provider of remote access solutions, proudly announces that it has been awarded the Spring 2025 Top Rated Award from TopBusinessSoftware.com. Top Business Software is the authority resource for verified B2B software reviews. This prestigious award recognizes companies and products that have received outstanding user feedback, placing them above 95% of other products in terms of customer satisfaction.

    “We are proud to announce the winners of the Spring 2025 Top Rated Awards,” said TopBusinessSoftware.com Editor-in-Chief, Sydney Sheppard. “TSplus has demonstrated their commitment to quality and customer satisfaction, reflected in their exceptional user reviews.”

    To achieve the Spring 2025 Top Rated Award, each winning product had to garner enough positive user reviews to place it above 95% of all products out of over 106,000 software products listed on TopBusinessSoftware.com. This accolade is a testament to the high-quality solutions TSplus offers to its customers.

    Dominique Benoit, TSplus founder and visionary President, commented: “At TSplus, we are honored to receive the TopBusinessSoftware.com Spring 2025 Top Rated Award for the very first time. Our team is dedicated to providing a top-tier product, and it is gratifying to see our users recognizing our efforts with such positive reviews. We are proud to be valued by our customers and to have earned this recognition from TopBusinessSoftware.com.”

    Here’s what customers have to say about TSplus:

    “Excellent Support and Great TSPLUS Remote Access Product”

    “Pricing is fair and much lower than competing products.
    Highly recommend. “

    Date: Feb 03 2025

    “Best remote solution available”

    “I really like this product and use it across multiple organizations. It’s always reliable and the support is great.”

    Date: Jan 27 2025

    “I have been using TSplus in my business for more than 10 years, and I have always seen constant improvements, such as the mobile edition. Fantastic support”

    Date: Mar 04 2025

    See more on https://topbusinesssoftware.com/products/TSplus/reviews/ and leave a review as well: https://topbusinesssoftware.com/products/TSplus/reviews/new/.

    About TSplus

    TSplus provides secure remote access, application delivery, and IT infrastructure management solutions to businesses and organizations worldwide. With a strong presence in over 140 countries and more than 500,000 deployments, TSplus helps companies of all sizes reduce IT complexity, enhance productivity, and enable secure digital workspaces. TSplus products are designed for flexibility, scalability, and ease of use — empowering partners and customers with cost-effective alternatives to traditional remote desktop technologies.

    About Top Business Software

    TopBusinessSoftware.com is the authority resource for B2B software reviews. The site offers user reviews, product comparisons, software guides, and much more. With over 106,000 B2B software products listed across nearly 5000 B2B software categories, TopBusinessSoftware.com’s mission is to help business professionals discover the best software solutions to meet their unique needs. The platform provides a dedicated B2B software review and comparison platform with robust but intuitive tools that enable users to find the right software, no matter what they need.

    Press contact:

    Caleb Zaharris
    TSplus Marketing Director
    Caleb.zaharris@tsplus.net

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/ea154fce-ad0e-4bc2-a30f-9fc77fd60952

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2276a5af-ab59-41ff-b1cb-93331a083750

    The MIL Network –

  • EU readying new sanctions to increase pressure on Russia, von der Leyen says

    Source: Government of India

    Source: Government of India (4)

    The European Union is working on a new package of sanctions to increase pressure on Russian President Vladimir Putin over the war in Ukraine, EU Commission President Ursula von der Leyen said on Friday as leaders from across Europe met in Tirana.
     
    The EU, however, has already adopted 17 sanction packages – the latest one this week – and diplomats say it is increasingly difficult to get the necessary unanimity among the bloc’s 27 members to pass new measures.
     
    “He does not want peace, so we have to increase the pressure, and this is why we are working on a new package of sanctions,” von der Leyen said, referring to Putin, before the European Political Community summit in Albania.
     
    “This package will include for instance sanctions on Nord Stream 1 and Nord Stream 2. It will include working on listing more vessels of the Russian shadow fleet and also lowering the oil price cap, and also more sanctions on the financial sector in Russia.”
     
    Nord Stream 1 and Nord Stream 2, each consisting of two pipes, were built by Russia’s state-controlled Gazprom to pump natural gas to Germany under the Baltic Sea. They were ruptured by a series of blasts in 2022.
     
    “Massive” sanctions European leaders have threatened over the past days would need U.S. support to succeed, officials and diplomats have said.
     
    Meanwhile, Russian and Ukrainian negotiators were in Istanbul on Friday for what was billed as their first direct peace talks in more than three years, under pressure from U.S. President Donald Trump to end Europe’s deadliest conflict since World War Two.
     
    Putin on Sunday proposed direct talks with Ukraine in Turkey, but has spurned a challenge from Ukrainian President Volodymyr Zelenskiy to meet him in person, and instead has sent a team of mid-ranking officials to the talks.
     
    NATO Secretary General Mark Rutte said Putin “made a mistake by sending a low-level delegation”.
     
    “What we saw yesterday and overnight is yet more evidence that Putin is not serious about peace,” British Prime Minister Keir Starmer said as he arrived at the Tirana summit.
     
    “He’s been dragging his heels, and I think it’s really important therefore, that we have absolute unity with our allies. We’ll be working on that again today to be clear that there must be a ceasefire, but also to be clear that should there not be a ceasefire, then we will act together in relation to sanctions.”
     
    (Reuters)

  • MIL-OSI: Zraox Secures U.S. SEC License, Enhancing Compliance and Private Equity Financing Channels

    Source: GlobeNewswire (MIL-OSI)

    GREENWOOD VILLAGE, Colo., May 16, 2025 (GLOBE NEWSWIRE) — Recently, the global digital asset exchange Zraox announced that its operating entity, Zraox Blockchain Trading LTD, has successfully obtained Regulation D (Reg D) approval from the U.S. Securities and Exchange Commission (SEC). This achievement signifies that, under certain conditions, Zraox Blockchain Trading LTD can conduct private securities offerings to specific investors, providing more flexible development opportunities for the deep integration of the Zraox platform within the compliant and professional investment market.

    Regulation D is a crucial provision in U.S. securities law, allowing companies to raise funds from specific investors (particularly accredited investors) without full registration. With this approval, Zraox Blockchain Trading LTD can conduct multi-scale and multi-type private offerings under Rule 504 and Rule 506. The former applies to smaller financings up to $5 million within 12 months, while the latter covers larger fundraising needs.

    This filing establishes a new foundation for the deep collaboration of Zraox with accredited investors, private equity funds, and family offices. Leveraging the exemptions provided by Regulation D, Zraox can more efficiently and diversely advance its private financing activities in the U.S. market, including digital token issuance, cross-border asset allocation, and institutional clearing.

    Anne Wagner, Chief Compliance Officer (CCO) of Zraox, stated: “The acquisition of Regulation D approval by Zraox Blockchain Trading LTD is a significant milestone in our private financing and securitized token issuance efforts. In the future, Zraox will maintain close communication with U.S. regulatory authorities and actively expand compliant products and services for institutional clients, hedge funds, and family offices.”

    This filing not only aids Zraox in offering more flexible financing options to high-net-worth clients and professional investors in the U.S. market but also further enhances the platform business layout in cross-border asset allocation, institutional settlement, and compliant token issuance.

    Looking ahead, Zraox plans to leverage this compliance qualification to synergize with its existing licenses, accelerating the development of institutional services and cross-border settlement functions, and exploring the practical applications of stablecoins and digital tokens in payment, clearing, and trading scenarios. By continuously improving the connection mechanisms between blockchain assets and traditional capital markets, Zraox is committed to creating a more comprehensive and innovative financing and trading ecosystem for global accredited investors and digital financial projects.

    The MIL Network –

  • MIL-OSI: Zraox Comprehensive Security Monitoring Upgrade: Multi-Dimensional Risk Control and High-Availability Database for a New Generation Protection System

    Source: GlobeNewswire (MIL-OSI)

    GREENWOOD VILLAGE, Colo., May 16, 2025 (GLOBE NEWSWIRE) — Recently, the global digital asset trading platform Zraox announced the integration of a multi-dimensional trading monitoring system with distributed risk control strategies, launching a new generation of security architecture. This upgrade provides stronger protection for high-frequency trading and user asset security. The new solution focuses on multi-layer monitoring, real-time alerts, and multi-node data management, aiming to maintain stable operations amidst complex market conditions and potential risks, offering a more secure trading experience for both retail and institutional clients.

    In terms of monitoring, Zraox has further integrated user behavior analysis, network traffic detection, and core indicator tracking. Through an intelligent rule engine, it conducts tiered screening of abnormal orders, account logins, and suspicious activities. If any monitoring item triggers an alert threshold, the system immediately notifies the incident response team to intervene, ensuring asset security is not compromised by sudden risks. Chief Technology Officer (CTO) at Zraox, Dr. Emily Zhang, stated, “We have deeply optimized our multi-dimensional monitoring and alert mechanisms to maintain the foresight and effectiveness of security protection under high load and extreme market volatility.”

    To achieve this goal, Zraox has made significant improvements at the database management level, introducing multi-node synchronization and high-availability switching mechanisms. This ensures that user transaction logs, account information, and other data receive near real-time hot backups, further reducing the possibility of single-point failures and data loss. The platform plans to engage in deep collaboration with more auditing and security organizations, regularly publishing security and reserve audits, and continuously upgrading risk control modules to ensure high transparency and stability across different regions and regulatory environments.

    Notably, the new architecture is not a static design but will adapt through dynamic iterations to align with evolving international regulatory trends and market demands. In the future, Zraox will offer more flexible risk control settings and permission management solutions for different trading scenarios, helping investors maintain control over risks even in highly volatile markets.

    With the launch of this new generation security monitoring architecture, Zraox is setting a higher standard for security in the global digital asset market. By deeply integrating technology and regulation, the platform not only provides faster and more reliable trading services but also continues to promote compliant operations, solidifying its leading position in the industry.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9cbf97cc-6179-4661-954d-5742fa721409

    The MIL Network –

  • MIL-OSI: Zraox Launches Integrated Multi-Signature and AI Risk Control System, Maintaining Zero Security Incident Record

    Source: GlobeNewswire (MIL-OSI)

    GREENWOOD VILLAGE, Colo., May 16, 2025 (GLOBE NEWSWIRE) — The global digital asset trading platform Zraox recently announced the launch of an integrated system combining multi-signature and artificial intelligence (AI) risk control. This system enhances its existing security framework with flexible multi-signature strategies and intelligent detection technologies. Since its inception, Zraox has been recognized for its rigorous risk control mechanisms and comprehensive compliance processes, maintaining a record of zero major security incidents. This upgrade aims to further strengthen risk defense capabilities to better safeguard user assets and transaction security.

    In terms of multi-signature, Zraox has introduced various configurable solutions, integrating physical isolation through hardware security modules (HSM) and cryptographic technologies to build a more robust defense barrier. By personalizing settings for the number of signatories, verification methods, and key management processes, the platform effectively reduces security risks associated with single-point failures or human error.

    Meanwhile, the AI risk control module employs machine learning algorithms to analyze multiple data indicators in real-time, 24/7, including transaction frequency, account history, and behavioral characteristics. If the system detects suspicious activities, such as a sudden surge in transaction volume or frequent interactions with high-risk addresses, it automatically triggers alerts and restricts related operations. Subsequently, the Zraox security team conducts investigations and, if necessary, escalates security levels to ensure potential risks are promptly mitigated.

    Richard Yamamoto, Chief Security Officer at Zraox, stated, “The combination of multi-signature and AI risk control allows the platform to maintain rapid response and precise targeting in the face of increasingly complex security threats. Since our founding, we have consistently maintained a record of zero major security incidents. In the future, Zraox will continue to invest more in research and development, collaborating with international auditing institutions and security partners to lay a more solid foundation of trust in the digital asset market.”

    In addition to technological upgrades, Zraox has further optimized backend permission allocation and operational audits, regularly inviting independent auditing bodies for security assessments. This initiative not only minimizes internal risks but also strengthens communication with global regulatory authorities. Through continuous exploration and investment in security and compliance, Zraox aims to create a safer, more transparent, and efficient digital asset trading environment for individual and institutional users worldwide.

    The MIL Network –

  • MIL-OSI: Cielo Announces New Securities for Debt Transactions, Replacing Previously Announced Transactions

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 16, 2025 (GLOBE NEWSWIRE) — Cielo Waste Solutions Corp. (TSXV:CMC; OTC PINK:CWSFF) (“Cielo” or the “Company”) announces the anticipated settlement of an aggregate $1,797,195 (the “Aggregate Debt Amount”) through the issuance of securities of the Company, subject to the approval of the TSX Venture Exchange (the “Exchange”).

    As announced on January 21, 2025, the Company had entered into agreements with certain arm’s length creditors (the “Creditors”) to complete shares for debt transactions (the “Prior Proposed Transactions”). The Prior Proposed Transactions did not close, as announced on April 30, 2025, however the Company is focused on completing securities for debt transactions with the Creditors with respect to their outstanding balances under revised and commercially reasonable terms.

    The Company intends to issue 35,943,847 units (each, a “Repayment Unit”, collectively the “Repayment Units”) in aggregate to the Creditors at a price of $0.05 per Unit, to settle $1,671,656.67 of the Aggregate Debt Amount (the “Units for Debt Transactions”). Each Unit is comprised of one common share of the Company (each, a “Common Share“) and one whole Common Share purchase warrant (each, a “Warrant“) of the Company, each Warrant entitling the holder thereof to purchase one Common Share at a price of $0.15 per Common Share for a period of two (2) years from the date of issuance.

    In addition, Cielo intends to settle the balance ($125,535.79) of the Aggregate Debt Amount with an Insider of the Company (as that term is defined in the policies of the Exchange) by the issuance of 2,510,715 Common Shares (the “Repayment Shares”, together with the Repayment Units, collectively the “Repayment Securities”) at a price of $0.05 per Repayment Share (the “Shares for Debt Transaction”). No Warrants will be issued to the Insider.

    The Shares for Debt Transaction with the Insider (the “Insider Transaction”) is considered to be a “related party transaction” under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transaction (“MI 61-101”). The Company will rely upon the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in section 5.5 (a) and 5.7(1) (a), as the fair market value of the Insider Transaction does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101.  

    The Units for Debt Transactions and the Shares for Debt Transaction are subject to the approval of the Exchange. Upon approval and issuance, the Repayment Securities will be subject to a hold period of 4 months.

    This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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

    ABOUT CIELO

    Cielo Waste Solutions Corp. is a publicly traded company focused on transforming waste materials into high-value products. Cielo seeks to address global waste challenges while contributing to the circular economy and reducing carbon emissions. Cielo is fueling environmental change with a mission to be a leader in the wood by-product-to-fuels industry by using environmentally friendly, economically sustainable technologies. Cielo is committed to helping society by providing environmental waste solutions, which the Company believes will contribute to generating positive returns for shareholders. Cielo shares are listed on the TSX Venture Exchange under the symbol “CMC,” as well as on the OTC Pink Market under the symbol “CWSFF.”

    For further information please contact:

    Cielo Investor Relations

    Ryan C. Jackson, CEO
    Phone: (403) 348-2972
    Email: investors@cielows.com

    CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

    This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project”, “should” or similar words, including negatives thereof, suggesting future outcomes.

    Forward-looking statements are subject to both known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward looking statements. Forward-looking statements and information are based on plans, expectations and estimates of management at the date the information is provided and are subject to certain factors and assumptions. Cielo is making forward-looking statements, including but not limited to with respect to: the terms of the Units for Debt Transactions and Shares for Debt Transaction, including but not limited to the number of Repayment Shares and Repayment Units to be issued, the price, the MI 61-101 exemptions to be relied upon, and the execution of agreements with the creditors.

    Investors should continue to review and consider information disseminated through news releases and filed by the Company on SEDAR+. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

    Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.

    The MIL Network –

  • MIL-OSI: Benevity Releases First Enterprise Impact Platform to Solve CSR and Social Impact’s Biggest Challenges

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 16, 2025 (GLOBE NEWSWIRE) — Benevity Inc. today released its next-generation Enterprise Impact Platform, delivering the first all-in-one solution to simplify and scale corporate social responsibility (CSR) and social impact programs. The platform unifies giving, volunteering, grants management, and employee mobilization—empowering companies to better connect purpose with measurable business results.

    Trusted by a community of more than 900 clients worldwide, Benevity developed the Enterprise Impact Platform to address the most pressing challenges faced by CSR and social impact professionals today: disconnected systems, limited visibility, employee disengagement, and risk exposure.

    Benevity’s secure, enterprise-grade solution meets those needs head-on, offering unmatched governance, global reach, and the world’s largest fully vetted nonprofit network. The platform allows organizations to scale social impact and enhance the way they engage with communities, attract and retain talent, improve brand reputation, and foster innovation throughout the enterprise.

    “Connecting purpose to business goals for leaders who are focused on creating performing and enduring organizations is our top priority,” said Chris Maloof, Chief Executive Officer, Benevity. “As CSR leaders strive to keep up with increasing responsibilities and a changing environment, our Enterprise Impact Platform is purpose-built to help drive scalable, measurable, and transformative impact programs from a single, unified environment.”

    The recently released 2025 Benevity State of Corporate Purpose Report noted that the corporate purpose landscape is in a state of significant flux, with nearly two-thirds of businesses redefining their purpose strategy in the past year amid growing cross-functional demands on CSR leaders.

    Grounded in client-centric design, Benevity’s Enterprise Impact platform leverages industry-leading, AI-enabled design to provide a more complete view of purpose programs and improved visibility into engagement and impact metrics.

    Benevity’s Enterprise Impact Platform Delivers:

    • End-to-end program visibility across giving, volunteering, grants, and more,
    • Built-in risk mitigation through enterprise governance, secure disbursement, and vetted nonprofits,
    • Localized global reach to enable partnerships that reflect local relevance,
    • Simplified workflows to reduce nonprofit burden and increase participation, and
    • Employee empowerment to allow teams to support causes they care about.

    Real Impact, Real Results

    Some of the world’s leading organizations have successfully implemented Benevity’s Enterprise Impact Platform to drive measurable social and business impact within their organizations, in their communities, and society at large.

    As a part of its commitment to helping people achieve brighter financial futures, Discover continues to make a meaningful impact in communities across the country. The company’s volunteer program, focused on education and community support, empowers employees to give back in ways that matter most to them. In addition, the “You Care We Share” program, enabled by Benevity, has seamlessly integrated donation matching, volunteer rewards, and hybrid volunteering into one cohesive platform.

    Discover’s community-related results include:

    • 99%+ volunteer event satisfaction,
    • 86% employee satisfaction with corporate citizenship, and
    • 7M+ students impacted through financial literacy.

    Adobe’s Global Employee Community Fund (ECF) uses Benevity’s Enterprise Impact Platform to power its global giving, including $30M+ to local communities. Adobe’s ECF empowers employees to nominate and select nonprofits for $20K grants. The program is localized, employee-led, and streamlined to reduce nonprofit burden.

    Adobe’s global giving highlights include:

    • Simplified application and reporting, which resulted in a 21% increase in program reach, measured by nonprofit applications, in 2024,
    • Funding criteria aligned with Adobe’s value pillars, and
    • Expanded access to Adobe for Nonprofits’ product offerings.

    The Future of Purpose is Enterprise-Ready

    The same State of Corporate Purpose Report reflects that executives are committed to investing in social impact programs because it’s good for business (92%) and prior Benevity research shows that 76% of CSR leaders reported plans to increase investments. The desire to do more good and power purpose at work is coupled with growing expectations for accountability, efficiency, and employee engagement. The Benevity Enterprise Impact Platform is uniquely designed to meet the moment.

    About Benevity
    Benevity, a certified B Corporation, is the leading global provider of social impact software, providing the only integrated suite of community investment and employee, customer and nonprofit engagement solutions. Recognized as one of Fortune’s Impact 20, Benevity provides a robust, all-in-one SaaS platform designed to simplify and scale CSR and social impact programs. The platform unifies giving, volunteering, grants management, and employee mobilization – empowering companies to connect purpose with measurable business results. With software that is available in 22 languages, Benevity has processed more than $18.5 billion in donations and 99 million hours of volunteering time to support 513,000 nonprofits worldwide. The company’s solutions have also facilitated 1.5 million micro-actions and managed grants worth $18 billion. For more information, visit benevity.com.

    Media Contact:
    Indrani Ray-Ghosal │ Press & Analyst Relations │ 1.647.574.9559 │ press@benevity.com

    The MIL Network –

  • MIL-OSI: Codere Online Reports Financial Results for the First Quarter 2025

    Source: GlobeNewswire (MIL-OSI)

    • Total revenue was €54.3 mm in Q1 2025, while net gaming revenue1 was €57.0 mm in the period, 8% above Q1 2024 (17% in constant currency terms).
    • Mexico revenue was €27.6 mm in Q1 2025, while net gaming revenue was €30.5 mm in the period, 15% above Q1 2024 (34% in constant currency terms).
    • Net loss was €0.7 mm in Q1 2025 versus a net income of €3.4 mm in Q1 2024.
    • Total cash position of €41.8 mm as of March 31, 2025.
    • Reiterating 2025 net gaming revenue outlook of €220-230 million and Adj. EBITDA2 outlook of €10-15 million.
    • Repurchased $0.5 million of the Company’s shares under the Company’s $5.0 million share buyback plan through May 15, 2025.

    Madrid, Spain and Tel Aviv, Israel, May 16, 2025 – (GLOBE NEWSWIRE) Codere Online (Nasdaq: CDRO / CDROW, the “Company”), a leading online gaming operator in Spain and Latin America, has released its preliminary unaudited3 financial results for the quarter ended March 31, 2025.

    Below are the main financial and operating metrics of the period.

      Quarter ended March 31
      2024 2025 Chg. %
           
    Net Gaming Revenue (EUR mm)1      
    Spain 22.3 21.9 (2%)
    Mexico 26.6 30.5 15%
    Other 4.1 4.5 10%
    Total 53.0 57.0 8%
           
    Avg. Monthly Active Players (000s)4      
    Spain 50.0 52.0 4%
    Mexico 62.5 82.0 31%
    Other 30.6 27.2 (11%)
    Total 143.2 161.3 13%

    Aviv Sher, CEO of Codere Online, stated, “We are off to a good start in 2025, with net gaming revenue reaching €57.0 million in the first quarter, an 8% increase compared to the same period last year. In Mexico, net gaming revenue grew 15% to €30.5 million, despite the 16% devaluation of the Mexican peso. Meanwhile, net gaming revenue in Spain was slightly below last year’s at €21.9 million.”

    Oscar Iglesias, CFO of Codere Online, commented, “We are very pleased with our performance in Mexico and the underlying trends in local currency. Also, our portfolio of active customers grew by an impressive 31% versus the prior year quarter which is quite encouraging”.

    Mr. Iglesias added, “Based on these results, we believe that we are on track to meet our net gaming revenue outlook of €220-230 million and Adj. EBITDA outlook of €10-15 million that we provided to investors earlier this year.”

    Recent Events

    Compliance with Nasdaq Listing Requirements

    • On May 1, 2025, the Company filed its 2023 annual report (ahead of the May 12th deadline) and on May 15th, Nasdaq informed the Company that it had regained compliance with applicable listing requirements.
    • The Company is actively working to complete the audit of its 2024 financial accounts and expects to file the 2024 annual report by the end of this month. However, as we did not file by May 15th (i.e. within the 15-day grace period provided for), we expect that a delisting notice from Nasdaq is forthcoming.
    • Upon receipt of said delisting notice, the Company will promptly request a hearing with the Nasdaq Hearings Panel and seek a stay of any trading suspension; however, the Company expects to file the 2024 annual report and regain compliance with Nasdaq requirements ahead of any hearing.

    Repurchases under the Share Buyback Plan

    • At a general meeting held on March 3, 2025, Codere Online shareholders authorized the repurchase of up to 1 million of the Company’s ordinary shares over a one-year period (for a total investment of up to $5.0 million, as approved by the Company’s Board of Directors).
    • The Company repurchased 68,384 shares at an average price of $6.63 under the authorized share buyback plan through May 15, 2025.

    Conference Call Information

    Codere Online’s management will host a conference call to discuss the results and provide a business update at 8:30 am US Eastern Time today, May 16, 2025. Dial-in details as well as the audio webcast and presentation will be accessible on Codere Online’s website at www.codereonline.com. A recording of the webcast will also be available following the conference call.

    Reconciliation of Revenue (IFRS) to Net Gaming Revenue (non-IFRS)

      Quarter ended March 31
    Figures in EUR mm 2024 2025 Chg. %
           
    Total      
           
    Revenue 50.4 54.3 4%
    (+) Accounting Adjustments5 2.6 2.6 69%
    Net Gaming Revenue 53.0 57.0 8%
           
    Spain      
           
    Revenue 22.3 21.9 (2%)
    (+) Accounting Adjustments5 – – n.m.
    Net Gaming Revenue 22.3 21.9 (2%)
           
    Mexico      
           
    Revenue 23.8 27.6 16%
    (+) Accounting Adjustments5 2.7 2.9 7%
    Net Gaming Revenue 26.6 30.5 15%
           
    Other      
           
    Revenue 4.3 4.8 (30%)
    (+) Accounting Adjustments5 (0.2) (0.3) n.m.
    Net Gaming Revenue 4.1 4.5 10%

    Reconciliation of Net Income (IFRS) to Adj. EBITDA (non-IFRS)6

      Quarter ended March 31
    Figures in EUR mm 2024 2025 Chg.
           
    Net Income (Loss) 3.4 (0.7) (3.4)
    (+/-) Provision for Corporate Income Tax 0.5 0.2 (0.1)
    (+/-) Interest Expense / (Income) (4.8) 1.1 5.8
    (+/-) Var. In Fair Value of Public Warrants 1.9 0.5 (1.4)
    (+) D&A 0.0 0.2 0.2
    EBITDA 0.9 1.3 1.1
    (+) Employee LTIP Expense 0.6 0.5 (0.6)
    (+/-) Other Accounting Adjustments 0.2 0.0 (0.4)
    Adj. EBITDA (Pre Non-Recurring Items) 1.7 1.8 0.1
    (+) Non-Recurring Items 0.0 0.0 0.0
    Adj. EBITDA 1.7 1.8 0.1

    About Codere Online

    Codere Online refers, collectively, to Codere Online Luxembourg, S.A. and its subsidiaries. Codere Online, launched in 2014 as part of the renowned casino operator Codere Group, offers online sports betting and online casino through its state-of-the art website and mobile applications. Codere Online currently operates in its core markets of Spain, Mexico, Colombia, Panama and Argentina; this online business is complemented by Codere Group’s physical presence in Spain and throughout Latin America, forming the foundation of the leading omnichannel gaming and casino presence.

    About Codere Group
    Codere Group is a multinational group devoted to entertainment and leisure. It is a leading player in the private gaming industry, with four decades of experience and with presence in seven countries in Europe (Spain and Italy) and Latin America (Argentina, Colombia, Mexico, Panama, and Uruguay).

    Note on Rounding. Due to decimal rounding, numbers presented throughout this report may not add up precisely to the totals and subtotals provided, and percentages may not precisely reflect the absolute figures.

    Forward-Looking Statements
    Certain statements in this document may constitute “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding Codere Online Luxembourg, S.A. and its subsidiaries (collectively, “Codere Online”) or Codere Online’s or its management team’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this document may include, for example, statements about Codere Online’s financial performance and, in particular, the potential evolution and distribution of its net gaming revenue; any prospective and illustrative financial information; and changes in Codere Online’s strategy, future operations and target addressable market, financial position, estimated revenues and losses, projected costs, prospects and plans as well as he Company’s expectations about the timing of completion and filing of the Form 20-F for the year ended December 31, 2024 (the “2024 Annual Report”), and statements related to the Company’s plan, timing and actions taken to regain compliance with the Listing Rule 5250(c)(1).

    These forward-looking statements are based on information available as of the date of this document and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing Codere Online’s or its management team’s views as of any subsequent date, and Codere Online does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

    As a result of a number of known and unknown risks and uncertainties, Codere Online’s actual results or performance may be materially different from those expressed or implied by these forward-looking statements. There may be additional risks that Codere Online does not presently know or that Codere Online currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Some factors that could cause actual results to differ include (i) changes in applicable laws or regulations, including online gaming, privacy, data use and data protection rules and regulations as well as consumers’ heightened expectations regarding proper safeguarding of their personal information, (ii) the impacts and ongoing uncertainties created by regulatory restrictions, changes in perceptions of the gaming industry, changes in policies and increased competition, and geopolitical events such as war, (iii) the ability to implement business plans, forecasts, and other expectations and identify and realize additional opportunities, (iv) the risk of downturns and the possibility of rapid change in the highly competitive industry in which Codere Online operates, (v) the risk that Codere Online and its current and future collaborators are unable to successfully develop and commercialize Codere Online’s services, or experience significant delays in doing so, (vi) the risk that Codere Online may never achieve or sustain profitability, (vii) the risk that Codere Online will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all, (viii) the risk that Codere Online experiences difficulties in managing its growth and expanding operations, (ix) the risk that third-party providers, including the Codere Group, are not able to fully and timely meet their obligations, (x) the risk that the online gaming operations will not provide the expected benefits due to, among other things, the inability to obtain or maintain online gaming licenses in the anticipated time frame or at all, (xi) the risk that Codere Online is unable to secure or protect its intellectual property, (xii) the risk that Codere Online’s securities may be delisted from Nasdaq and (xiii) the possibility that Codere Online may be adversely affected by other political, economic, business, and/or competitive factors. Additional information concerning certain of these and other risk factors is contained in Codere Online’s filings with the U.S. Securities and Exchange Commission (the “SEC”). All subsequent written and oral forward-looking statements concerning Codere Online or other matters and attributable to Codere Online or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above.

    Financial Information and Non-GAAP Financial Measures
    Codere Online’s financial statements are prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS”), which can differ in certain significant respects from generally accepted accounting principles in the United States of America (“U.S. GAAP”).

    This document includes certain financial measures not presented in accordance with U.S. GAAP or IFRS (“non-GAAP”), such as, without limitation, net gaming revenue, Adjusted EBITDA and constant currency information. These non-GAAP financial measures are not measures of financial performance in accordance with U.S. GAAP or IFRS and may exclude items that are significant in understanding and assessing Codere Online’s financial results. Therefore, these measures should not be considered in isolation or as an alternative to revenue, net income, cash flows from operations or other measures of profitability, liquidity or performance under U.S. GAAP or IFRS. You should be aware that Codere Online’s presentation of these measures may not be comparable to similarly-titled measures used by other companies. In addition, the audit of Codere Online’s financial statements in accordance with PCAOB standards, may impact how Codere Online currently calculates its non-GAAP financial measures, and we cannot assure you that there would not be differences, and such differences could be material.

    Codere Online believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends in comparing Codere Online’s financial measures with other similar companies, many of which present similar non-GAAP financial measures to investors. These non-GAAP financial measures are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures. Reconciliations of non-GAAP financial measures to their most directly comparable measure under IFRS are included herein.

    This document may include certain projections of non-GAAP financial measures. Codere Online is unable to quantify certain amounts that would be required to be included in the most directly comparable U.S. GAAP or IFRS financial measures without unreasonable effort, due to the inherent difficulty and variability of accurately forecasting the occurrence and financial impact of the various adjusting items necessary for such comparable measures or such reconciliation that have not yet occurred, are out of our control, or cannot be reasonably predicted, ascertained or assessed, which could have a material impact on its future IFRS financial results. Consequently, no disclosure of estimated comparable U.S. GAAP or IFRS measures is included and no reconciliation of the forward-looking non-GAAP financial measures is included.

    Use of Projections
    This document contains financial forecasts with respect to Codere Online’s business and projected financial results, including net gaming revenue and adjusted EBITDA. Codere Online’s independent auditors have not audited, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this document, and accordingly, they did not express an opinion or provide any other form of assurance with respect thereto for the purpose of this document. These projections should not be relied upon as being necessarily indicative of future results. The assumptions and estimates underlying the prospective financial information are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. See “Forward-Looking Statements” above. Accordingly, there can be no assurance that the prospective results are indicative of the future performance of Codere Online or that actual results will not differ materially from those presented in the prospective financial information. Inclusion of the prospective financial information in this document should not be regarded as a representation by any person that the results contained in the prospective financial information will be achieved.

    For further information on the limitations and assumptions underlying these projections, please refer to Codere Online’s filings with the SEC.

    Preliminary Information
    This document contains figures, financial metrics, statistics and other information that is preliminary and subject to change (the “Preliminary Information”). The Preliminary Information has not been audited, reviewed, or compiled by any independent registered public accounting firm. This Preliminary Information is subject to ongoing review including, where applicable, by Codere Online’s independent auditors. Accordingly, no independent registered public accounting firm has expressed an opinion or any other form of assurance with respect to the Preliminary Information. During the course of finalizing such Preliminary Information, adjustments to such Preliminary Information presented herein may be identified, which may be material. Codere Online undertakes no obligation to update or revise the Preliminary Information set forth in this document as a result of new information, future events or otherwise, except as otherwise required by law. The Preliminary Information may differ from actual results. Therefore, you should not place undue reliance upon this Preliminary Information. The Preliminary Information is not a comprehensive statement of financial results, and should not be viewed as a substitute for full financial statements prepared in accordance with IFRS. In addition, the Preliminary Information is not necessarily indicative of the results to be achieved in any future period.

    No Offer or Solicitation
    This document does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities will be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

    Trademarks
    This document may contain trademarks, service marks, trade names and copyrights of Codere Online or other companies, which are the property of their respective owners. Solely for convenience, some of the trademarks, service marks, trade names and copyrights referred to in this document may be listed without the TM, SM, © or ® symbols, but Codere Online will assert, to the fullest extent under applicable law, the rights of the applicable owners, if any, to these trademarks, service marks, trade names and copyrights.

    Industry and Market Data
    In this document, Codere Online relies on and refers to certain information and statistics obtained from publicly available information and third-party sources, which it believes to be reliable. Codere Online has not independently verified the accuracy or completeness of any such publicly-available and third-party information, does not make any representation as to the accuracy or completeness of such data and does not undertake any obligation to update such data after the date of this document. You are cautioned not to give undue weight to such industry and market data.

    Contacts:

    Investors and Media
    Guillermo Lancha
    Director, Investor Relations and Communications
    Guillermo.Lancha@codere.com
    (+34) 628.928.152

    1 Net Gaming Revenue is a non-IFRS measure; please see reconciliation of Net Gaming Revenue to Revenue at the end of the report.

    2 Adjusted EBITDA is a non-IFRS measure; please see reconciliation of Adjusted EBITDA to Net Income at the end of the report. Net gaming revenue and Adjusted EBITDA outlooks are forward-looking non-IFRS measures; please see important disclaimers at the end of the report.
    3 See “Preliminary Information” below.        

    4 Average Monthly Active Players include real money (i.e. exclude free bets) sports betting and casino actives.

    5 Figures primarily reflect differences in recognition of revenue related to certain partner and affiliate agreements in place in Colombia, VAT impact from entry fees in Mexico and the impact from the application of inflation accounting (IAS 29) in Argentina.

    6 Please refer to page 26 of our Q1 2025 Earnings Presentation for further details regarding this reconciliation.

    The MIL Network –

  • MIL-OSI: eQ Plc Managers’ Transactions – Rettig Oy Ab

    Source: GlobeNewswire (MIL-OSI)

    eQ Plc Managers’ Transactions
    16 May 2025 at 2:00 p.m.

    Person subject to the notification requirement
    Name: Rettig Oy Ab
    Position: Closely associated person
    (X) Legal person  (1):Person Discharging Managerial Responsibilities In Issuer
    Name: Tomas von Rettig
    Position: Member of the Board
    (2):Person Discharging Managerial Responsibilities In Issuer
    Name: Janne Larma
    Position: Member of the Board

    Issuer: eQ Oyj
    LEI: 743700R4FA6AVH5J3D68
    Notification type: INITIAL NOTIFICATION
    Reference number: 108668/4/4

    ____________________________________________
    Transaction date: 2025-05-15
    Outside a trading venue
    Instrument type: SHARE
    ISIN: FI0009009617
    Nature of transaction: REDEMPTION OF PLEDGE

    Transaction details
    (1): Volume: 6331706 Unit price: 0 N/A

    Aggregated transactions (1):
    Volume: 6331706 Volume weighted average price: 0 N/A

    eQ Plc

    Additional information: Juha Surve, Group General Counsel, tel. +358 9 6817 8733

    Distribution: Nasdaq Helsinki, www.eQ.fi

    eQ Group is a Finnish group of companies specialising in asset management and corporate finance business. eQ Asset Management offers a wide range of asset management services (including private equity funds and real estate asset management) for institutions and individuals. The assets managed by the Group total approximately EUR 13.6 billion. Advium Corporate Finance, which is part of the Group, offers services related to mergers and acquisitions, real estate transactions and equity capital markets.

    More information about the Group is available on our website at www.eQ.fi.

    The MIL Network –

  • APEC highlights ‘fundamental challenges’ in global trade as tariffs overshadow meeting

    Source: Government of India

    Source: Government of India (4)

    The Asia-Pacific Economic Cooperation group adopted a statement on Friday that cited “fundamental challenges” facing the global trading system, but stopped short of discussing a joint response to U.S. tariffs looming large over its meeting.

    The annual gathering is the first major multilateral trade gathering since U.S. President Donald Trump’s announcement of sweeping tariffs that hit more than half of the 21 members of the bloc with U.S. import duties in excess of the 10% minimum.

    “We are concerned with the fundamental challenges faced by the global trading system,” APEC members said in the joint statement.

    They also said they remained committed to APEC as the main forum for regional economic cooperation and addressing the economic challenges facing the Asia-Pacific region.

    The statement expressed support for the continued role of the World Trade Organization, while noting its shortcomings.

    “We recognise the importance of the WTO to advance trade issues, and acknowledge the agreed-upon rules in the WTO as an integral part of the global trading system.”

    The statement also said that “the WTO has challenges and needs meaningful, necessary, and comprehensive reform to improve all its functions, through innovative approaches, to be more relevant and responsive in light of today’s realities”.

    The Trump administration views the WTO as a body that has enabled China to gain an unfair export advantage and has recently moved to suspend U.S. funding to the institution.

    Kim Yong Jin, a management professor at Sogang University in Seoul, said the joint statement reflected U.S. claims “they are at a disadvantage under WTO, and that needs to be fixed.”

    APEC warned at the start of the meeting that exports from a region that accounts for around half of world trade would slow sharply this year as a result of the U.S. tariffs.

    Earlier on Friday, some diplomats from member countries had expressed doubts the group would even be able to adopt a joint statement, although they said South Korea Minister for Trade, Cheong In-kyo, had pushed hard for some consensus.

    “There was new momentum created through these meetings to overcome a difficult situation … as APEC urged a trans-regional effort to break through uncertainties engulfing the global economy,” Cheong told a briefing.

    In February, a Group of 20 meeting of finance ministers and central bankers in Cape Town failed to agree a joint communique after top officials from several countries, including the United States, skipped it.

    Cheong said there was no “official” discussion about a joint response to U.S. tariffs, despite pressure from some members for such talks.

    “From our standpoint, it is difficult to jointly respond because each country is in a completely different situation,” he said.

    APEC is a non-binding regional economic forum established in 1989 to facilitate deepening ties in the Asia-Pacific region, with the United States, China, countries in Latin America and Southeast Asia, as well as Hong Kong and Taiwan among its member economies.

    BILATERAL MEETINGS

    For many of the member economies, the attendance of U.S. Trade Representative Jamieson Greer raised the stakes of the conference held on South Korea’s Jeju Island, ahead of a leaders’ summit scheduled later in the year.

    On the first day, many, if not all, of the representatives had or sought a meeting with Greer, according to host country officials.

    Greer met China’s Vice Commerce Minister Li Chenggang on Thursday, less than a week after their first face-to-face talks in Geneva on May 10-11, where they agreed to significantly lower tariffs for 90 days.

    Beijing’s commerce ministry spokesperson, He Yongqian, told a press conference that China was always open to discussing economic and trade relations with the United States through offline communication, but gave no details on the substance of the latest talks.

    According to a statement from the ministry, China’s Li said at the APEC meeting that in recent years individual economies had implemented so-called reciprocal tariffs, which provoked global trade frictions and strong dissatisfaction and opposition from many trading partners.

    Greer also spoke with South Korea’s Industry Minister Ahn Duk-geun, three weeks after Seoul and Washington held their opening round of trade talks, and ministers from Malaysia and Taiwan, yielding optimism that further talks would lead to reduced tariffs.

    (Reuters)

  • IIFT sets up first overseas campus in Dubai, marking historic step in global expansion

    Source: Government of India

    Source: Government of India (4)

    In a major stride towards internationalising Indian higher education, the Indian Institute of Foreign Trade (IIFT) has announced the establishment of its first overseas campus in Dubai, United Arab Emirates. The move marks a significant milestone in IIFT’s 62-year history and underscores India’s growing presence in the global education landscape.

    The announcement was made by the Ministry of Commerce and Industry on Friday. The new campus has received the necessary approvals from the Ministry of Education, along with No Objection Certificates from the Ministry of External Affairs, Ministry of Home Affairs, and the University Grants Commission (UGC).

    Union Commerce and Industry Minister Piyush Goyal hailed the development as a reflection of the National Education Policy (NEP) 2020’s vision of making India a global hub for education. “This truly reflects the spirit of NEP 2020, marking a new chapter in the internationalisation of Indian education and its growing role in shaping global thought leadership. It is also a testament to the strengthening India-UAE partnership,” he said.

    Commerce Secretary Sunil Barthwal described the Dubai campus as a turning point in IIFT’s journey. “This represents India’s emergence as a provider of world-class education, especially in the field of international trade,” he noted, while applauding the institute’s continued focus on aligning academic and research efforts with national priorities.

    Prof. Rakesh Mohan Joshi, Vice Chancellor of IIFT, expressed his gratitude to all stakeholders who supported the initiative. Reaffirming the institute’s commitment to excellence, he said, “We aim to transform IIFT into a world-class institution through our Dubai campus by excelling in education, training, and research in international trade.”

  • MIL-OSI United Kingdom: Talent and tenacity is celebrated in champion style at 2025 Leeds Sports Awards

    Source: City of Leeds

    Organised by Sport Leeds and Leeds City Council, the ceremony is held each year to celebrate the achievements of athletes – of all ages and levels – as well as coaches, administrators and volunteers.

    And the 2025 edition of the event – hosted at Leeds’s Carriageworks Theatre – did exactly that, with close to 20 different awards being presented to some extremely deserving recipients.

    The evening’s winners included Leeds Rhinos Wheelchair Rugby League coach and former player James Simpson, who took home the coveted Sporting Pride of Leeds title.

    Previous recipients of the award – which recognises work done by an individual, club or organisation to raise the profile of the city as a centre of sporting excellence – include Rob Burrow, Eddie Gray and Josh Warrington.

    A Lifetime Achievement Award, meanwhile, went to Rhinos chief executive Gary Hetherington. The same award was presented posthumously to former Rhinos chief scout Bob Pickles.

    Joan Young’s tireless work supporting netball across the city was recognised with a Special Contribution Award.

    Local, national and international athletics stalwart Dr Ian Richards and City of Leeds Diving Club fundraisers Fiona Croft and Becky Simmonds were all winners in the Outstanding Sports Volunteer category.

    There were awards, too, for local stars of the Olympics and Paralympics, including Georgie Brayshaw, Katy Marchant, Tom Pidcock, Hannah Cockroft and Kadeena Cox.

    Crossgates Harriers took first place in the Community Club category, with a highly-commended mention going to Methley Athletic AFC.

    Councillor Salma Arif, Leeds City Council’s executive member for adult social care, active lifestyles and culture, said:

    “The Leeds Sports Awards is one of the highlights of our city’s sporting calendar and an event that means a huge amount to many people.

    “It’s an opportunity to salute the sporting community as a whole, with the important contribution made by grassroots organisations – as well as volunteers and other unsung heroes – being rightfully celebrated alongside the high-profile achievements of Leeds Rhinos, Leeds United and our Olympians and Paralympians.

    “Congratulations to all the winners and nominees at this year’s awards, you have done yourself and the city proud.”

    FULL LIST OF WINNERS AND ‘HIGHLY COMMENDED’ RECIPIENTS

    Young Sportsperson (sponsored by Technogym)

    Winner: Yaried Alem

    Highly commended: Matilda Potter and Amy Wright               

    Young Disability Sportsperson (Sponsored by Technogym)

    Winner: Oliver Porter     

    Highly commended: Lucas Town               

    Sportsperson (Sponsored by Technogym)

    Winners: Georgie Brayshaw, Katy Marchant and Tom Pidcock

    Disability Sportsperson (Sponsored by Technogym)

    Winners: Hannah Cockroft and Kadeena Cox

    School Achievement (Sponsored by YPO Sports)

    Winner: St Theresa’s Catholic Primary School

    Highly commended: Dave Curtis                                  

    Community Coach (Sponsored by Evans Homes)

    Winner: Charlotte Williams

    Highly commended: Elaine Brown and Pete Makowski

    Community Club (Sponsored by Evans Homes)

    Winner: Crossgates Harriers

    Highly commended: Methley United AFC

    Student Sport Champion (Sponsored by Leeds Trinity University)

    Winner: Max Burgin

    Highly commended: Luke Whitehouse                                               

    Outstanding Sports Volunteer (Sponsored by Rosterfly)

    Winners: Dr Ian Richards, Fiona Croft and Becky Simmonds

    Inspirational Community Champion (Sponsored by University of Leeds)

    Winner: Come Outside – Jovanni Sterling and Rob Lattibeaudiere

    Highly commended: Anthony Hall

    Performance Coach (Sponsored by Yorkshire Sport Foundation)

    Winner: Dave Murray

    Highly commended: Rhys Davey, Paul Moseley and Adam Smallwood

    Performance Club (Sponsored by Weetwood Hall Hotel)

    Winner: City of Leeds Diving Club

    Highly commended: Leeds Gymnastics Club

    Sustainability Champion (Sponsored by Zoggs)

    Winner: K.E.E.P.

    Highly commended: Yorkshire Cricket Foundation                                         

    Sporting Pride of Leeds (sponsored by first direct arena)

    Winner: James Simpson

    Lifetime Achievement Award (Sponsored by Leeds City Council)

    Winner: Gary Hetherington

    Posthumous Lifetime Achievement Award (Sponsored by Leeds City Council)

    Winner: Bob Pickles

    Special Contribution Award (Sponsored by Leeds City Council)

    Winner: Joan Young

    Note to editors:

    Sport Leeds was established in 2002 and has since become a dynamic sports network with a strong reputation in the city and region. It serves as the strategic partnership for organisations involved in promoting and developing sports and active recreation in Leeds. The network includes professional and amateur sports clubs, universities, colleges, school clusters and other important sporting organisations from within the city, region and beyond.

    ENDS

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Uzbek Minister: China is a strategic partner in building a complementary and innovative educational ecosystem in Central Asia

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    URUMQI, May 16 (Xinhua) — We regard China as a strategic partner in building a complementary and innovative educational ecosystem in Central Asia, said Minister of Higher Education, Science and Innovation of the Republic of Uzbekistan Kongratbay Sharipov in an exclusive interview with Xinhua News Agency.

    Kongratbay Sharipov arrived in China to participate in the First Meeting of Education Ministers “China-Central Asia”, which was held in the city of Urumqi in the Xinjiang Uyghur Autonomous Region /Northwest China/.

    According to K. Sharipov, this event made an exceptionally positive impression on him – both in terms of the level of organization and the substantive content of the meeting. He called the meeting an important platform that contributes to the deepening of strategic partnership and mutually beneficial cooperation between China and the Central Asian countries in the field of education, science and innovation.

    “Uzbekistan is interested in expanding bilateral and multilateral projects with the participation of leading Chinese universities and research institutes, including the creation of joint scientific laboratories, educational programs, student and teacher exchanges, as well as the implementation of digital and engineering initiatives,” he said.

    The Minister noted: “In the field of higher and professional education, we strive to actively borrow Chinese experience in introducing dual education, training personnel for priority industries, as well as integrating science, production and education.”

    “We are particularly interested in Chinese experience in such areas as the development of innovative universities, technology transfer, university science management and commercialization of scientific developments, development of professional colleges and institutes. We are also interested in the development of startup ecosystems, incubators, science and technology parks based on universities, as well as in a deeper integration of the educational process with the needs of the economy,” he said.

    K. Sharipov added that Uzbekistan welcomes the development of joint educational institutions, double degree programs, as well as the study of the Uzbek language and Central Asian regions in China.

    “I am convinced that our efforts aimed at forming sustainable, institutional mechanisms of cooperation will allow us to take the educational and scientific partnership between Uzbekistan and China to a new, strategic level,” K. Shapirov summed up.

    Let us recall that at the said meeting a number of memorandums and agreements were signed between educational institutions of the participating countries, including a memorandum on the joint creation of a research center for the mutual study of the civilizations of China and Uzbekistan. -0-

    MIL OSI Russia News –