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Category: CTF

  • MIL-OSI Russia: Breaking: US announces withdrawal from UNESCO again

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    WASHINGTON, July 22 (Xinhua) — The United States on Tuesday announced its decision to withdraw from the United Nations Educational, Scientific and Cultural Organization (UNESCO), two years after rejoining it.

    According to a statement from the US State Department, the decision was made in connection with UNESCO’s policy, which Washington believes “promotes divisive social and cultural initiatives” against the backdrop of the Israeli-Palestinian conflict. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 23, 2025

  • MIL-OSI Russia: China urges US to strengthen mutual understanding through dialogue and contacts /detailed version-1/

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 22 (Xinhua) — China hopes the United States will work with China to enhance mutual understanding, reduce misunderstandings and enhance cooperation through dialogue and communication, Foreign Ministry spokesperson Guo Jiakun said Tuesday.

    Guo Jiakun thus answered a question regarding Chinese-American trade and economic relations at a regular press conference.

    China’s position on tariff issues is consistent and clear, a Chinese diplomat said.

    “We hope that the US will work with China to implement the important consensus reached by the two heads of state during the phone call and give full play to the role of the China-US economic and trade consultation mechanism,” the Chinese Foreign Ministry spokesman said.

    He called on the US to work with China to promote stable, healthy and sustainable development of bilateral relations. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 23, 2025

  • MIL-OSI United Nations: Security Council Pushes for Better Use of UN Toolkit on Peaceful Conflict Resolution

    Source: United Nations 4

    9962nd Meeting (AM)

    The Security Council is holding a high-level open debate on the theme “Promoting International Peace and Security through Multilateralism and Peaceful Settlement of Disputes”.  The day-long meeting is open to the participation of non-Council Member States and observers.  United Nations Secretary-General António Guterres is expected to brief the Council.

    The 15-member organ is also expected to vote on a draft resolution proposed by Pakistan, which holds the Council presidency for July, aimed at strengthening mechanisms for the peaceful settlement of disputes.

    For information media. Not an official record.

    MIL OSI United Nations News –

    July 23, 2025

  • MIL-OSI USA: Statement on the Departure of PCAOB Chair Erica Y. Williams

    Source: Securities and Exchange Commission

    Today, Erica Williams steps down as the Chair of the PCAOB. While I was disheartened last week to read of her compelled resignation, I am nothing but grateful for her exemplary service and stewardship of the PCAOB. Chair Williams has served the Board, the Commission, the investing public and markets with honor and distinction. 

    During her tenure, the PCAOB has updated, refined and modernized auditing standards and rules, and improved overall audit quality; sharpened the inspections program and helped reduce deficiencies across audit firms; and, effectively held wrongdoers to account, helping to deter future bad actors and making our markets safer for investment. It has overseen inspections in over 50 jurisdictions around the world – including for the first time in China. And, the Board has made firm inspection reports more useful, and accelerated their publication, to the benefit of investors, audit committees, and the markets. 

    Chair Williams has also been a leader and a mentor to the PCAOB’s deeply talented and irreplaceably expert staff, who I know will sorely miss her unwavering, tenacious advocacy on their behalf. 

    The PCAOB has a singular mission – to regulate the audits of public companies and SEC-registered brokers and dealers in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports. Chair Williams and her staff have carried out this mission with grace, integrity and with clear, unwavering purpose. Our markets are more robust and reliable for their service. 

    On behalf of myself and the millions of investors who have benefitted from your commitment and dedication – thank you, Chair Williams.

    To Board Member Botic, who tomorrow steps into some big shoes, I wish you the best of luck. 

    MIL OSI USA News –

    July 23, 2025

  • MIL-OSI Security: Swedish Man Who Licensed Rights to Late Colombian Drug Lord Pablo Escobar Pleads Guilty to Fraud, Money Laundering Charges

    Source: US FBI

    LOS ANGELES – A Swedish national who licensed the rights of the late Colombian narco-terrorist Pablo Escobar pleaded guilty today to six federal criminal charges for defrauding investors by marketing and selling products – including flamethrowers and cellphones – that he never delivered.

    Olof Kyros Gustafsson, 32, a.k.a. “El Silencio,” pleaded guilty to one count of conspiracy to commit wire fraud and mail fraud, one count of wire fraud, one count of mail fraud, one count of conspiracy to commit money laundering, one count of concealment money laundering, and one count of international concealment money laundering.

    Gustafsson has been in federal custody since March 28, when he was extradited to the United States from Spain, where he was arrested in December 2023. 

    According to his plea agreement, Gustafsson was the CEO of Escobar Inc., a corporation registered in Puerto Rico that held successor-in-interest rights to the persona and legacy of Pablo Escobar, the deceased Colombian narco-terrorist and late head of the Medellín Cartel. Escobar Inc. used Pablo Escobar’s likeness and persona to market and sell purported consumer products to the public.

    From July 2019 to November 2023, Gustafsson identified existing products in the marketplace that were being manufactured and sold to the public. He then used the Escobar persona to market and advertise similar and competing products purportedly being sold by Escobar Inc., advertising them at a price substantially lower than existing counterparts being sold by other companies.

    Gustafsson then purportedly sold the products – including an Escobar Flamethrower, an Escobar Fold Phone, an Escobar Gold 11 Pro Phone, and Escobar Cash (marketed as a “physical cryptocurrency”) – to customers, receiving payments via PayPal, Stripe, Coinbase, among other payment processors, as well as bank and wire transfers.

    Despite receiving customer payments, Gustafsson did not deliver the Escobar Inc. products to paying customers because the products did not exist.

    In furtherance of the scheme, Gustafsson sent crudely made samples of the purported Escobar Inc. products to online technology reviewers and social media influencers to attempt to increase the public’s demand for them. For example, Gustafsson sent Samsung Galaxy Fold Phones wrapped in gold foil and disguised as Escobar Inc. phones to online technology reviewers to attempt to induce victims who watched the online reviews into buying the products that never would be delivered.

    Also, rather than sending paying customers the actual products, Gustafsson mailed them a “Certificate of Ownership,” a book, or other Escobar Inc. promotional materials so there was a record of mailing from the company to the customer. When a paying customer attempted to obtain a refund when the product was never delivered, Gustafsson fraudulently referred the payment processor to the proof of mailing for the Certificate of Ownership or other material as proof that the product itself was shipped and that the customer had received it so the refund requests would be denied.

    Gustafsson also caused bank accounts to be opened under his name and entities he controlled to be used as funnel accounts – bank accounts into which he deposited and withdrew proceeds derived from his criminal activities. The purpose was to conceal and disguise the nature, location, source, ownership, and control of the proceeds. The bank accounts were located in the United States, Sweden, and the United Arab Emirates.

    United States District Judge Fernando L. Aenlle-Rocha scheduled a December 5 sentencing hearing, at which time Gustafsson will face a statutory maximum sentence of 20 years in federal prison for each fraud-related count and up to 10 years in federal prison for each money laundering-related count. 

    As part of his plea agreement, Gustafsson agreed to pay up to $1.3 million in restitution to victims, as well as to forfeiture to funds that were proceeds of the fraud schemes, including money currently held in a bank account in Sweden.

    IRS Criminal Investigation, the FBI, and the Federal Deposit Insurance Corporation-Office of Inspector General are investigating this matter, with assistance from the Department of Justice’s Office of International Affairs, the United States Marshals Service, Eurojust, Spanish authorities, and French judicial authorities.

    Assistant United States Attorney Joshua O. Mausner of the Violent and Organized Crime Section is prosecuting this case.

    MIL Security OSI –

    July 23, 2025

  • MIL-OSI Security: Swedish Man Who Licensed Rights to Late Colombian Drug Lord Pablo Escobar Pleads Guilty to Fraud, Money Laundering Charges

    Source: US FBI

    LOS ANGELES – A Swedish national who licensed the rights of the late Colombian narco-terrorist Pablo Escobar pleaded guilty today to six federal criminal charges for defrauding investors by marketing and selling products – including flamethrowers and cellphones – that he never delivered.

    Olof Kyros Gustafsson, 32, a.k.a. “El Silencio,” pleaded guilty to one count of conspiracy to commit wire fraud and mail fraud, one count of wire fraud, one count of mail fraud, one count of conspiracy to commit money laundering, one count of concealment money laundering, and one count of international concealment money laundering.

    Gustafsson has been in federal custody since March 28, when he was extradited to the United States from Spain, where he was arrested in December 2023. 

    According to his plea agreement, Gustafsson was the CEO of Escobar Inc., a corporation registered in Puerto Rico that held successor-in-interest rights to the persona and legacy of Pablo Escobar, the deceased Colombian narco-terrorist and late head of the Medellín Cartel. Escobar Inc. used Pablo Escobar’s likeness and persona to market and sell purported consumer products to the public.

    From July 2019 to November 2023, Gustafsson identified existing products in the marketplace that were being manufactured and sold to the public. He then used the Escobar persona to market and advertise similar and competing products purportedly being sold by Escobar Inc., advertising them at a price substantially lower than existing counterparts being sold by other companies.

    Gustafsson then purportedly sold the products – including an Escobar Flamethrower, an Escobar Fold Phone, an Escobar Gold 11 Pro Phone, and Escobar Cash (marketed as a “physical cryptocurrency”) – to customers, receiving payments via PayPal, Stripe, Coinbase, among other payment processors, as well as bank and wire transfers.

    Despite receiving customer payments, Gustafsson did not deliver the Escobar Inc. products to paying customers because the products did not exist.

    In furtherance of the scheme, Gustafsson sent crudely made samples of the purported Escobar Inc. products to online technology reviewers and social media influencers to attempt to increase the public’s demand for them. For example, Gustafsson sent Samsung Galaxy Fold Phones wrapped in gold foil and disguised as Escobar Inc. phones to online technology reviewers to attempt to induce victims who watched the online reviews into buying the products that never would be delivered.

    Also, rather than sending paying customers the actual products, Gustafsson mailed them a “Certificate of Ownership,” a book, or other Escobar Inc. promotional materials so there was a record of mailing from the company to the customer. When a paying customer attempted to obtain a refund when the product was never delivered, Gustafsson fraudulently referred the payment processor to the proof of mailing for the Certificate of Ownership or other material as proof that the product itself was shipped and that the customer had received it so the refund requests would be denied.

    Gustafsson also caused bank accounts to be opened under his name and entities he controlled to be used as funnel accounts – bank accounts into which he deposited and withdrew proceeds derived from his criminal activities. The purpose was to conceal and disguise the nature, location, source, ownership, and control of the proceeds. The bank accounts were located in the United States, Sweden, and the United Arab Emirates.

    United States District Judge Fernando L. Aenlle-Rocha scheduled a December 5 sentencing hearing, at which time Gustafsson will face a statutory maximum sentence of 20 years in federal prison for each fraud-related count and up to 10 years in federal prison for each money laundering-related count. 

    As part of his plea agreement, Gustafsson agreed to pay up to $1.3 million in restitution to victims, as well as to forfeiture to funds that were proceeds of the fraud schemes, including money currently held in a bank account in Sweden.

    IRS Criminal Investigation, the FBI, and the Federal Deposit Insurance Corporation-Office of Inspector General are investigating this matter, with assistance from the Department of Justice’s Office of International Affairs, the United States Marshals Service, Eurojust, Spanish authorities, and French judicial authorities.

    Assistant United States Attorney Joshua O. Mausner of the Violent and Organized Crime Section is prosecuting this case.

    MIL Security OSI –

    July 23, 2025

  • MIL-OSI: First Financial Corporation Reports Second Quarter Results

    Source: GlobeNewswire (MIL-OSI)

    TERRE HAUTE, Ind., July 22, 2025 (GLOBE NEWSWIRE) — First Financial Corporation (NASDAQ:THFF) today announced results for the second quarter of 2025.

    • Net income was $18.6 million compared to $11.4 million reported for the same period of 2024;
    • Diluted net income per common share of $1.57 compared to $0.96 for the same period of 2024;
    • Return on average assets was 1.34% compared to 0.94% for the three months ended June 30, 2024;
    • Provision for credit losses was $2.0 million compared to provision of $3.0 million for the second quarter 2024; and
    • Pre-tax, pre-provision net income was $24.9 million compared to $16.2 million for the same period in 2024.1

    The Corporation further reported results for the six months ended June 30, 2025:

    • Net income was $37.0 million compared to $22.3 million reported for the same period of 2024;
    • Diluted net income per common share of $3.12 compared to $1.89 for the same period of 2024;
    • Return on average assets was 1.34% compared to 0.93% for the six months ended June 30, 2024;
    • Provision for credit losses was $3.9 million compared to provision of $4.8 million for the six months ended June 30, 2024; and
    • Pre-tax, pre-provision net income was $50.6 million compared to $31.2 million for the same period in 2024.1

    ________________________
    1    Non-GAAP financial measure that Management believes is useful for investors and management to understand pre-tax profitability before giving effect to credit loss expense and to provide additional perspective on the Corporation’s performance over time as well as comparison to the Corporation’s peers and evaluating the financial results of the Corporation – please refer to the Non GAAP reconciliations contained in this release.

    Average Total Loans

    Average total loans for the second quarter of 2025 were $3.88 billion versus $3.20 billion for the comparable period in 2024, an increase of $680 million or 21.25%. On a linked quarter basis, average loans increased $35 million or 0.92% from $3.84 billion as of March 31, 2025. Increases in average loans year-over-year were a combination of the acquisition of SimplyBank on July 1, 2024, and organic growth.

    Total Loans Outstanding

    Total loans outstanding as of June 30, 2025, were $3.90 billion compared to $3.20 billion as of June 30, 2024, an increase of $693 million or 21.62%. On a linked quarter basis, total loans increased $42.6 million or 1.11% from $3.85 billion as of March 31, 2025. The year-over-year increase was impacted by the $467 million in loans acquired in the SimplyBank acquisition in July 2024. Organic growth was primarily driven by increases in Commercial Construction and Development, Commercial Real Estate, and Consumer Auto loans.

    Norman D. Lowery, President and Chief Executive Officer, commented “We are pleased with our second quarter results, as we have experienced our 7th consecutive quarter of loan growth. We also had another record quarter of net interest income and saw our net margin expand to 4.15%. We expect continued improvement in coming quarters.”

    Average Total Deposits

    Average total deposits for the quarter ended June 30, 2025, were $4.65 billion versus $4.11 billion as of June 30, 2024, an increase of $537 million, or 13.06%. On a linked quarter basis, average deposits remained stable when compared to March 31, 2025. Increases in average deposits year-over-year were mostly a result of the acquisition of SimplyBank.

    Total Deposits

    Total deposits were $4.66 billion as of June 30, 2025, compared to $4.13 billion as of June 30, 2024. On a linked quarter basis, total deposits increased $22.9 million or 0.49% from $4.64 billion as of March 31, 2025. $622 million in deposits were acquired in the SimplyBank acquisition in July 2024. Non-interest bearing deposits were $860 million, and time deposits were $710 million as of June 30, 2025, compared to $749 million and $586 million, respectively for the same period of 2024.

    Shareholders’ Equity

    Shareholders’ equity at June 30, 2025, was $587.7 million compared to $530.7 million on June 30, 2024. During the last twelve months, the Corporation has not repurchased any shares of its common stock. 518,860 shares remain available for repurchase under the current repurchase authorization. The Corporation paid a $0.51 per share quarterly dividend in April and declared a $0.51 quarterly dividend, which was paid on July 15, 2025.

    Book Value Per Share

    Book Value per share was $49.59 as of June 30, 2025, compared to $44.92 as of June 30, 2024, an increase of $4.67 per share, or 10.40%. Tangible Book Value per share was $39.74 as of June 30, 2025, compared to $37.12 as of June 30, 2024, an increase of $2.62 per share or 7.06%.

    Tangible Common Equity to Tangible Asset Ratio

    The Corporation’s tangible common equity to tangible asset ratio was 8.58% at June 30, 2025, compared to 9.14% at June 30, 2024.

    Net Interest Income

    Net interest income for the second quarter of 2025 was a record $52.7 million, compared to $39.3 million reported for the same period of 2024, an increase of $13.4 million, or 34.0%. Interest income increased $13.4 million and interest expense increased $29 thousand year over year. As mentioned by in the president’s comments above, loan growth has continued for seven consecutive quarters, which contributed to steadily increasing net interest income.

    Net Interest Margin

    The net interest margin for the quarter ended June 30, 2025, was 4.15% compared to the 3.57% reported at June 30, 2024.

    Nonperforming Loans

    Nonperforming loans as of June 30, 2025, were $9.8 million versus $15.9 million as of June 30, 2024. The ratio of nonperforming loans to total loans and leases was 0.25% as of June 30, 2025, versus 0.50% as of June 30, 2024. On a linked quarter basis, nonperforming loans were $10.2 million, and the ratio of nonperforming loans to total loans and leases was 0.26% as of March 31, 2025.

    Credit Loss Provision

    The provision for credit losses for the three months ended June 30, 2025, was $2.0 million, compared to $3.0 million for the same period 2024.

    Net Charge-Offs

    In the second quarter of 2025 net charge-offs were $1.7 million compared to $4.7 million in the same period of 2024.

    Allowance for Credit Losses

    The Corporation’s allowance for credit losses as of June 30, 2025, was $47.1 million compared to $38.3 million as of June 30, 2024. The allowance for credit losses as a percent of total loans was 1.21% as of June 30, 2025, compared to 1.20% as of June 30, 2024. On a linked quarter basis, the allowance for credit losses as a percent of total loans decreased one basis point from 1.22% as of March 31, 2025.

    Non-Interest Income

    Non-interest income for the three months ended June 30, 2025 and 2024 was $10.4 million and $9.9 million, respectively.

    Non-Interest Expense

    Non-interest expense for the three months ended June 30, 2025, was $38.3 million compared to $32.7 million in 2024.

    Efficiency Ratio

    The Corporation’s efficiency ratio was 59.37% for the quarter ending June 30, 2025, versus 64.56% for the same period in 2024.

    Income Taxes

    Income tax expense for the three months ended June 30, 2025, was $4.2 million versus $2.2 million for the same period in 2024. The effective tax rate for 2025 was 18.58% compared to 16.29% for 2024.

    About First Financial Corporation

    First Financial Corporation (NASDAQ:THFF) is the holding company for First Financial Bank N.A., which is the fifth oldest national bank in the United States, operating 83 banking centers in Illinois, Indiana, Kentucky, Tennessee, and Georgia. Additional information is available at www.first-online.bank.

    Investor Contact:
    Rodger A. McHargue
    Chief Financial Officer
    P: 812-238-6334
    E: rmchargue@first-online.com

                                   
        Three Months Ended   Six Months Ended
        June 30,    March 31,   June 30,    June 30,    June 30, 
           2025      2025      2024      2025      2024
    END OF PERIOD BALANCES                              
    Assets   $ 5,602,969   $ 5,549,094   $ 4,891,068   $ 5,602,969   $ 4,891,068
    Deposits   $ 4,662,889   $ 4,640,003   $ 4,132,327   $ 4,662,889   $ 4,132,327
    Loans, including net deferred loan costs   $ 3,896,563   $ 3,854,020   $ 3,204,009   $ 3,896,563   $ 3,204,009
    Allowance for Credit Losses   $ 47,087   $ 46,835   $ 38,334   $ 47,087   $ 38,334
    Total Equity   $ 587,668   $ 571,945   $ 530,670   $ 587,668   $ 530,670
    Tangible Common Equity (a)   $ 470,894   $ 451,874   $ 438,569   $ 470,894   $ 438,569
                                   
    AVERAGE BALANCES                              
    Total Assets   $ 5,529,225   $ 5,508,767   $ 4,813,308   $ 5,518,996   $ 4,808,836
    Earning Assets   $ 5,213,220   $ 5,194,478   $ 4,556,839   $ 5,203,849   $ 4,561,650
    Investments   $ 1,244,208   $ 1,266,300   $ 1,279,278   $ 1,255,254   $ 1,293,800
    Loans   $ 3,877,246   $ 3,841,752   $ 3,197,695   $ 3,859,499   $ 3,188,921
    Total Deposits   $ 4,651,051   $ 4,650,883   $ 4,113,826   $ 4,650,967   $ 4,079,832
    Interest-Bearing Deposits   $ 3,843,143   $ 3,837,679   $ 3,413,752   $ 3,840,411   $ 3,369,921
    Interest-Bearing Liabilities   $ 269,338   $ 261,174   $ 152,303   $ 265,256   $ 186,864
    Total Equity   $ 576,288   $ 564,742   $ 517,890   $ 570,515   $ 520,305
                                   
    INCOME STATEMENT DATA                              
    Net Interest Income   $ 52,671   $ 51,975   $ 39,294   $ 104,646   $ 78,214
    Net Interest Income Fully Tax Equivalent (b)   $ 54,091   $ 53,373   $ 40,673   $ 107,464   $ 80,970
    Provision for Credit Losses   $ 1,950   $ 1,950   $ 2,966   $ 3,900   $ 4,766
    Non-interest Income   $ 10,381   $ 10,511   $ 9,905   $ 20,892   $ 19,336
    Non-interest Expense   $ 38,276   $ 36,759   $ 32,651   $ 75,035   $ 66,073
    Net Income   $ 18,586   $ 18,406   $ 11,369   $ 36,992   $ 22,293
                                   
    PER SHARE DATA                              
    Basic and Diluted Net Income Per Common Share   $ 1.57   $ 1.55   $ 0.96   $ 3.12   $ 1.89
    Cash Dividends Declared Per Common Share   $ 0.51   $ 0.51   $ 0.45   $ 1.02   $ 0.90
    Book Value Per Common Share   $ 49.59   $ 48.26   $ 44.92   $ 49.59   $ 44.92
    Tangible Book Value Per Common Share (c)   $ 38.78   $ 38.13   $ 36.04   $ 39.74   $ 37.12
    Basic Weighted Average Common Shares Outstanding     11,851     11,842     11,814     11,847     11,809

    ________________________
    (a)   Tangible common equity is a non-GAAP financial measure derived from GAAP-based amounts. We calculate tangible common equity by excluding goodwill and other intangible assets from shareholder’s equity.
    (b)   Net interest income fully tax equivalent is a non-GAAP financial measure derived from GAAP-based amounts. We calculate net interest income fully tax equivalent by adding back the tax equivalent factor of tax exempt income to net interest income. We calculate the tax equivalent factor of tax exempt income by dividing tax exempt income by the net of tax rate of 75%.
    (c)   Tangible book value per common share is a non-GAAP financial measure derived from GAAP-based amounts. We calculate the factor by dividing average tangible common equity by average shares outstanding. We calculate average tangible common equity by excluding average intangible assets from average shareholder’s equity.

                                   
    Key Ratios      Three Months Ended     Six Months Ended  
        June 30,         March 31,        June 30,         June 30,         June 30,   
        2025     2025     2024           2025     2024  
    Return on average assets   1.34 %   1.34 %   0.94 %   1.34 %   0.93 %
    Return on average common shareholder’s equity   12.90 %   13.04 %   8.78 %   12.97 %   8.57 %
    Efficiency ratio   59.37 %   57.54 %   64.56 %   58.46 %   65.87 %
    Average equity to average assets   10.42 %   10.25 %   10.76 %   10.34 %   10.82 %
    Net interest margin (a)   4.15 %   4.11 %   3.57 %   4.13 %   3.55 %
    Net charge-offs to average loans and leases   0.18 %   0.19 %   0.59 %   0.18 %   0.39 %
    Credit loss reserve to loans and leases   1.21 %   1.22 %   1.20 %   1.21 %   1.20 %
    Credit loss reserve to nonperforming loans   480.72 %   460.57 %   240.85 %   480.72 %   240.85 %
    Nonperforming loans to loans and leases   0.25 %   0.26 %   0.50 %   0.25 %   0.50 %
    Tier 1 leverage   10.91 %   10.63 %   12.14 %   10.91 %   12.14 %
    Risk-based capital – Tier 1   12.86 %   12.70 %   14.82 %   12.86 %   14.82 %

    ________________________
    (a)   Net interest margin is calculated on a tax equivalent basis.

                                   
    Asset Quality   Three Months Ended   Six Months Ended
           June 30,       March 31,      June 30,       June 30,       June 30, 
        2025   2025   2024   2025   2024
    Accruing loans and leases past due 30-89 days   $ 22,303   $ 17,007   $ 14,913   $ 22,303   $ 14,913
    Accruing loans and leases past due 90 days or more   $ 1,917   $ 1,109   $ 1,353   $ 1,917   $ 1,353
    Nonaccrual loans and leases   $ 7,878   $ 9,060   $ 14,563   $ 7,878   $ 14,563
    Other real estate owned   $ 383   $ 560   $ 170   $ 383   $ 170
    Nonperforming loans and other real estate owned   $ 10,178   $ 10,729   $ 16,086   $ 10,178   $ 16,086
    Total nonperforming assets   $ 13,087   $ 13,631   $ 18,978   $ 13,087   $ 18,978
    Gross charge-offs   $ 2,928   $ 3,241   $ 6,091   $ 6,169   $ 9,283
    Recoveries   $ 1,230   $ 1,394   $ 1,414   $ 2,624   $ 3,084
    Net charge-offs/(recoveries)   $ 1,698   $ 1,847   $ 4,677   $ 3,545   $ 6,199
                   
    Non-GAAP Reconciliations   Three Months Ended June 30, 
           2025      2024
    ($in thousands, except EPS)              
    Income before Income Taxes   $ 22,826     $ 13,582  
    Provision for credit losses     1,950       2,966  
    Provision for unfunded commitments     100       (300 )
    Pre-tax, Pre-provision Income   $ 24,876     $ 16,248  
                   
    Non-GAAP Reconciliations   Six Months Ended June 30, 
           2025      2024
    ($ in thousands, except EPS)              
    Income before Income Taxes   $ 46,603     $ 26,711  
    Provision for credit losses     3,900       4,766  
    Provision for unfunded commitments     100       (300 )
    Pre-tax, Pre-provision Income   $ 50,603     $ 31,177  
     
    CONSOLIDATED BALANCE SHEETS
    (Dollar amounts in thousands, except per share data)
     
           June 30,       December 31, 
        2025   2024
        (unaudited)
    ASSETS            
    Cash and due from banks   $ 97,265     $ 93,526  
    Federal funds sold     853       820  
    Securities available-for-sale     1,169,956       1,195,990  
    Loans:            
    Commercial     2,222,015       2,196,351  
    Residential     987,738       967,386  
    Consumer     681,538       668,058  
          3,891,291       3,831,795  
    (Less) plus:            
    Net deferred loan costs     5,272       5,346  
    Allowance for credit losses     (47,087 )     (46,732 )
          3,849,476       3,790,409  
    Restricted stock     17,528       17,555  
    Accrued interest receivable     25,888       26,934  
    Premises and equipment, net     79,741       81,508  
    Bank-owned life insurance     130,072       128,766  
    Goodwill     98,229       100,026  
    Other intangible assets     18,545       21,545  
    Other real estate owned     383       523  
    Other assets     115,033       102,746  
    TOTAL ASSETS   $ 5,602,969     $ 5,560,348  
                 
    LIABILITIES AND SHAREHOLDERS’ EQUITY            
    Deposits:            
    Non-interest-bearing   $ 859,699     $ 859,014  
    Interest-bearing:            
    Certificates of deposit exceeding the FDIC insurance limits     143,780       144,982  
    Other interest-bearing deposits     3,659,410       3,714,918  
          4,662,889       4,718,914  
    Short-term borrowings     149,512       187,057  
    FHLB advances     122,677       28,120  
    Other liabilities     80,223       77,216  
    TOTAL LIABILITIES     5,015,301       5,011,307  
                 
    Shareholders’ equity            
    Common stock, $.125 stated value per share;            
    Authorized shares-40,000,000            
    Issued shares-16,190,157 in 2025 and 16,165,023 in 2024            
    Outstanding shares-11,850,645 in 2025 and 11,842,539 in 2024     2,020       2,018  
    Additional paid-in capital     146,391       145,927  
    Retained earnings     712,271       687,366  
    Accumulated other comprehensive income/(loss)     (118,234 )     (132,285 )
    Less: Treasury shares at cost-4,339,512 in 2025 and 4,322,484 in 2024     (154,780 )     (153,985 )
    TOTAL SHAREHOLDERS’ EQUITY     587,668       549,041  
    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY   $ 5,602,969     $ 5,560,348  
     
    CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
    (Dollar amounts in thousands, except per share data)
     
        Three Months Ended   Six Months Ended
        June 30,    June 30, 
           2025      2024      2025      2024
                      (unaudited)
    INTEREST INCOME:                          
    Loans, including related fees   $ 64,775     $ 51,459     $ 128,387     $ 101,511  
    Securities:                           
    Taxable     5,915       5,833       11,917       11,764  
    Tax-exempt     2,622       2,601       5,226       5,204  
    Other     865       878       1,679       1,695  
    TOTAL INTEREST INCOME     74,177       60,771       147,209       120,174  
    INTEREST EXPENSE:                              
    Deposits     18,495       19,694       36,694       37,425  
    Short-term borrowings     1,398       959       3,091       1,935  
    Other borrowings     1,613       824       2,778       2,600  
    TOTAL INTEREST EXPENSE     21,506       21,477       42,563       41,960  
    NET INTEREST INCOME     52,671       39,294       104,646       78,214  
    Provision for credit losses     1,950       2,966       3,900       4,766  
    NET INTEREST INCOME AFTER PROVISION                              
    FOR LOAN LOSSES     50,721       36,328       100,746       73,448  
    NON-INTEREST INCOME:                             
    Trust and financial services     1,490       1,318       2,883       2,652  
    Service charges and fees on deposit accounts     7,554       6,730       15,139       13,437  
    Other service charges and fees     256       286       572       509  
    Securities gains (losses), net     (3 )     —       (3 )     —  
    Interchange income     180       135       394       314  
    Loan servicing fees     326       414       492       683  
    Gain on sales of mortgage loans     430       299       655       475  
    Other     148       723       760       1,266  
    TOTAL NON-INTEREST INCOME     10,381       9,905       20,892       19,336  
    NON-INTEREST EXPENSE:                              
    Salaries and employee benefits     19,689       17,380       38,937       34,710  
    Occupancy expense     2,472       2,201       5,148       4,560  
    Equipment expense     4,587       4,312       9,092       8,456  
    FDIC Expense     795       501       1,545       1,163  
    Other     10,733       8,257       20,313       17,184  
    TOTAL NON-INTEREST EXPENSE     38,276       32,651       75,035       66,073  
    INCOME BEFORE INCOME TAXES     22,826       13,582       46,603       26,711  
    Provision for income taxes     4,240       2,213       9,611       4,418  
    NET INCOME     18,586       11,369       36,992       22,293  
    OTHER COMPREHENSIVE INCOME (LOSS)                              
    Change in unrealized gains/(losses) on securities, net of reclassifications and taxes     2,946       3,535       14,046       (7,561 )
    Change in funded status of post retirement benefits, net of taxes     2       74       5       147  
    COMPREHENSIVE INCOME (LOSS)   $ 21,534     $ 14,978     $ 51,043     $ 14,879  
    PER SHARE DATA                              
    Basic and Diluted Earnings per Share   $ 1.57     $ 0.96     $ 3.12     $ 1.89  
    Weighted average number of shares outstanding (in thousands)     11,851       11,814       11,847       11,809  

    The MIL Network –

    July 23, 2025

  • MIL-OSI: Onfolio Holdings’ AI Marketing Subsidiary Showcases “How to 10X Your Traffic from ChatGPT” Exploring Generative Engine Optimization

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, Del., July 22, 2025 (GLOBE NEWSWIRE) — Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) (OTC: ONFOP) (“Onfolio” or the “Company”) announces that its wholly owned subsidiary, Pace Generative LLC, recently partnered with ThriveCart to deliver a live webinar on the emerging field of Generative Engine Optimization (GEO).

    ThriveCart, a leading online checkout and sales platform trusted by thousands of entrepreneurs and businesses, invited Pace Generative to educate its user base through a free webinar titled “How to 10X Your Traffic from ChatGPT.” The session was led by Onfolio’s CEO Dom Wells and drew strong interest, attracting close to 200 live attendees, underscoring the growing demand for GEO insights and solutions.

    Pace Generative is rapidly establishing itself as a thought leader and innovator in the AI visibility space, helping brands capitalize on exposure through platforms like ChatGPT and Google’s AI Overviews.

    A full replay of the webinar is available for free on ThriveCart’s YouTube channel at: https://www.youtube.com/watch?v=PQDWAGTXC9E

    About Pace Generative LLC

    Pace Generative helps brands increase their visibility and traffic from AI answer engines, such as Google AI overviews, ChatGPT, Perplexity, and Grok. By using traditional content marketing, SEO, and PR techniques, along with new proprietary methods, the Pace team helps optimize businesses for generative engine optimization (GEO). For more information, visit www.pacegenerative.com.

    About ThriveCart

    ThriveCart is the leading sales platform for digital course creators, coaches, entrepreneurs, and online businesses looking to boost revenue, drive conversions, and scale audiences. ThriveCart powers 60,000 businesses that have generated over $6 billion in lifetime sales. For more information, visit www.thrivecart.com.

    About Onfolio Holdings Inc.

    Onfolio acquires, operates, and scales a diversified portfolio of digital companies. The Company focuses on businesses with strong cash flows, long-term growth potential, and experienced leadership—or those that can be effectively managed by Onfolio’s in-house team. By targeting under-optimized businesses with untapped potential, Onfolio adds value through operational expertise, strategic guidance, and advanced technologies. For more information, visit www.onfolio.com.

    Safe Harbor Statement

    The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continues,” “estimates,” “projects,” “intends,” and similar expressions. Examples of forward-looking statements include, among others, statements we make regarding expected operating results, such as revenue growth and earnings, and strategy for growth and financial results. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, those events and factors described by us in Item 1.A “Risk Factors” in our most recent Form 10-K and Form 10-Q and other risks to which our Company is subject, and various other factors beyond the Company’s control. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Company Contact:
    Investor Communications
    Onfolio Holdings Inc.
    Investors@Onfolio.com

    The MIL Network –

    July 23, 2025

  • MIL-OSI: Ascendia Partners supports $350 Million RIA, Holistic Wealth Advisors

    Source: GlobeNewswire (MIL-OSI)

    CLIFTON PARK, N.Y., July 22, 2025 (GLOBE NEWSWIRE) — Ascendia Partners, a strategic consulting and shared services firm for independent advisors who aspire to become their own RIA, is proud to announce its successful support of Holistic Wealth Advisors (HWA)—a newly formed, fully independent, woman- owned registered investment advisory firm managing more than $350 million in assets.

    Ascendia Partners is a consulting and services firm that helps advisors form and grow independent RIAs. Ascendia provides end-to-end support throughout the process—including RIA formation, operational setup, compliance guidance, and succession planning.

    “Helping advisors build something lasting—and truly their own—is exactly what Ascendia was created to do,” said Chris DeLaura, CEO at Ascendia Partners. “We’re honored to have partnered with Stacy and the HWA team to help bring their vision to life.”

    Led by Stacy A. Clifford, AIF®, HWA is headquartered in Clifton Park, New York, and includes a team of 6 advisors and 7 support staff, bringing over 175 years of combined industry experience to the clients they serve.

    Stacy A. Clifford, AIF®, President and Founder of Holistic Wealth Advisors said “Ascendia is helping us with strategic planning as well as compliance, finance, human resources, and technology/operations decisions by sharing their experience to help me navigate these decisions as it relates to my firm and what’s right for my clients. I am not forced to fit my practice into a pre-built platform.”

    Ascendia is also working with HWA to secure a strategic minority capital investment to support the firm’s long-term growth, infrastructure, and client service capabilities. In addition to facilitating the capital investment, Ascendia supported HWA in maintaining AssetMark as its key investment platform partner—ensuring operational continuity while enabling a smooth and seamless client experience.

    Ascendia Partners continues to help advisors across the country pursue independence and succession through thoughtful transitions, tailored infrastructure, and long-term strategic support.

    About Ascendia Partners
    Ascendia Partners is a strategic resource for financial advisors ready to launch, grow, and transition into their own stand-alone independent firms. With a focus on thoughtful succession planning, operational support, and long-term business strategy, Ascendia helps advisors navigate complex transitions—providing turnkey infrastructure, compliance guidance, technology solutions, and access to capital partners. By empowering advisors to take ownership of their future, Ascendia enables the creation of enduring, client-centered firms built for sustainable success. Learn more at www.ascendia-partners.com.

    About Holistic Wealth Advisors
    Holistic Wealth Advisors is a fully independent, woman-founded and owned registered investment advisory firm based in Clifton Park, NY, with an additional office in Guilford, CT, managing over $350 million in client assets. Led by Stacy A. Clifford, AIF®, the firm provides comprehensive financial planning and investment management with a deeply personalized, relationship-driven approach. With a commitment to fiduciary care and long-term guidance, HWA serves individuals and families across the country, helping them plan confidently, invest wisely, and achieve lasting financial peace of mind. Learn more at www.holisticwealthadvisors.com.

    Media Contact
    Sam Clifford
    sam@ascendia-partners.com

    The MIL Network –

    July 23, 2025

  • MIL-OSI: New Prediction for Starlink’s Next Phase — Altucher Connects August 13 to a Tectonic Shift in Global Connectivity

    Source: GlobeNewswire (MIL-OSI)

    Austin, TX, July 22, 2025 (GLOBE NEWSWIRE) — A new presentation from entrepreneur and bestselling author James Altucher is spotlighting what he calls “a critical pivot point in America’s digital infrastructure.”

    Altucher believes Starlink, Elon Musk’s satellite-based internet network, may be on the cusp of a major milestone—one he connects to a specific and fast-approaching date: August 13, 2025.

    The 30-minute presentation, now circulating online, points to recent comments from Musk and his executive team, a closed-door meeting, and a long-term mission that’s been unfolding quietly for nearly two decades.

    A Silent Power Structure Taking Shape

    Altucher argues that Starlink isn’t just a next-gen internet provider—it’s the backbone of a new digital order. One that exists independently of nations, borders, and legacy infrastructure.

    He warns that this independent system could become one of the most influential technologies on the planet—serving not only rural users, but governments, militaries, and entire economies.

    A Global Pivot Hiding in Plain Sight

    To Altucher, the real story isn’t a headline. It’s a pattern.

    “This isn’t baseless speculation,” he states. “This is based on Elon’s own words… buried in press releases, interviews, and financial disclosures the public hasn’t paid attention to”

    He positions August 13 not as a guarantee—but as a signal. A date that may represent the public emergence of a long-hidden strategy involving Starlink, space-based networks, and global communications.

    “This is about timing,” Altucher says. “Not timing the market—but recognizing the moments when everything changes”

    About James Altucher

    James Altucher is a bestselling author, entrepreneur, and public commentator. He’s founded or co-founded over 20 companies across tech, media, and finance, and has written more than 25 books, including Choose Yourself, Skip the Line, and The Power of No. His ideas have appeared in The Wall Street Journal, TechCrunch, Forbes, and others, and he’s been featured on CNBC, Fox Business, and top business podcasts. Altucher’s work focuses on helping individuals navigate inflection points in technology, economics, and culture.

    The MIL Network –

    July 23, 2025

  • MIL-OSI: Intermedio Information Technology Partners with BOC Group to Resell Adonis BPM Solution and Support Global Sustainability Initiatives

    Source: GlobeNewswire (MIL-OSI)

    Amsterdam, Netherlands, July 22, 2025 (GLOBE NEWSWIRE) — Intermedio Information Technology, a specialist in integrating business strategy, security, and advanced process automation, has announced a strategic partnership with BOC Group. This collaboration will enable Intermedio to resell BOC Group’s Adonis Business Process Management (BPM) solution, further enhancing their service offerings to support startup and sustainability projects in the Netherlands and across the globe.

    Mutual partnership announcment by BOC Group.

    Intermedio’s commitment to innovation and sustainability aligns seamlessly with BOC Group’s Adonis BPM solution, known for its robust capabilities in process management and optimization. This partnership is set to empower businesses to achieve greater efficiency and environmental stewardship, reflecting Intermedio’s mission to integrate Green BPM and eco-friendly practices into business operations.

    “This partnership with BOC Group marks a significant milestone for Intermedio as we continue to expand our global footprint,” said A. van Geest, director of Intermedio Information Technology. “By offering the Adonis BPM solution, we are not only enhancing our service portfolio but also reinforcing our commitment to sustainable business practices and supporting startups and scale-ups worldwide.”

    Operating as a 100% remote working consultancy, Intermedio is uniquely positioned to deliver its services without geographical constraints, ensuring that businesses around the world can benefit from their expertise in business strategy, intelligent process automation, and interim management. This remote model not only supports Intermedio’s sustainability goals by reducing carbon footprints but also allows for greater flexibility and collaboration with clients globally.

    Intermedio’s comprehensive services, including consultancy in business strategy, interim management, and the development of Centers of Expertise for BPM, are further strengthened by this partnership. The addition of the Adonis BPM solution to their offerings will provide clients with advanced tools to streamline processes and achieve their growth objectives sustainably.

    For more information about Intermedio Information Technology and their services, please visit www.adonis-bpm.com.

    About Intermedio Information Technology

    Intermedio Information Technology (Intermedio) empowers businesses to scale securely and sustainably through the integration of business strategy, security, and advanced process automation. Our mission is to align innovative process management solutions with our clients’ growth objectives while implementing Green BPM and eco-friendly practices that reduce carbon footprints. Driven by core values of innovation, security, sustainability, and collaboration, Intermedio redefines business operations to foster efficiency and environmental stewardship. Our comprehensive services include consultancy in business strategy, intelligent process automation, interim management (CIO, IT management, Green Project Management), and the development of Centers of Expertise for BPM. In addition, we offer training courses in business strategy, business modeling, process management, and decision management. For more information, please visit https://intermedio.eu. 

    Press inquiries

    Intermedio Information Technology
    https://intermedio.eu
    A. van Geest
    a.vangeest@intermedio.eu
    +31852006499
    Keurenplein 41 / unit A0214
    1069 CD Amsterdam
    The Netherlands

    The MIL Network –

    July 23, 2025

  • MIL-OSI: Lotlinx Q2 Quarterly Vincensus Report Highlights Affordability-Driven Surge for Hybrids and ICE, Market Headwinds for EVs

    Source: GlobeNewswire (MIL-OSI)

    DETROIT, July 22, 2025 (GLOBE NEWSWIRE) — Lotlinx, the auto industry’s first and only VIN Performance platform built to help dealers maximize profitability, announced today its Q2 2025 Quarterly Vincensus Report, the most comprehensive quarterly inventory report in the industry. Leveraging over 24 billion proprietary VIN-level data points and more than a decade of machine learning innovation, the report offers accurate, unparalleled insights into the current state of the automotive retail market for both new and used vehicles, inventory risk, vehicle sales, consumer preferences, and markdown/pricing strategies. Click here to access the full Q2 Quarterly Vincensus Report.

    Market Outlook:

    The second quarter of 2025 opened with robust sales activity, initially spurred by a tariff-driven rush that subsided by late spring, giving way to a market fueled by affordability. Hybrids and ICE (gas) vehicles saw a significant 7% quarter-over-quarter (QoQ) sales increase, even as new electric vehicle (EV) sales declined 2% despite rising inventory. As affordability remained top of mind for consumers, a $10,000 average price gap between new EVs and ICE, and a $7,000 premium over hybrids left EV sales lagging, except in the used market, where closer price parity drove an 11% spike in used EV purchases.

    Looking ahead, Lotlinx anticipates a sales cooldown through the remainder of 2025, with automaker incentives and digital-first engagement strategies becoming increasingly vital for retailers adapting to economic headwinds.

    Key Findings

    Inventory and Pricing Trends

    • New vehicle day supply decreased by 4 days QoQ to 61 days, up 1 day year-over-year (YoY)
    • Used vehicle day supply increased by 2 days QoQ to 40 days, up 2 days YoY
    • Aged ending inventory for used vehicles climbed 7% QoQ to 49%
    • Ending inventory listed at an average price of $28,888, nearly $2,000 higher than units sold in Q2
    • Carryover for new vehicles decreased 5% QoQ to 51%; used decreased 6% to 43%

    EV, Hybrid, and ICE Performance

    • New hybrid and ICE sales rose 7% QoQ, while new EV sales declined 2% despite a 22-day supply increase to 100 days
    • Used EV sales jumped 11% QoQ as the price gap narrowed, while used hybrid and ICE volumes held steady
    • Average new EV price dropped 2% QoQ to $54,943, while gasoline vehicles saw a 2% increase in list price for both new and used segments
    • New hybrids and EVs saw aged ending inventory both rise over 7% QoQ, with used ICEs aging most by 7%

    Brand-Specific Insights

    • Acura started the quarter with the largest decrease in new carryover (down 17% to 40%). Acura’s ADX contributed 10% of brand sales, while new EV inventory dropped 58% QoQ.
    • Audi experienced the largest new sales drop (down 13% QoQ), with Q5 inventory falling 32%. Used E-Tron sales spiked 77% QoQ as average list price dropped 18%.
    • BMW’s X3 returned as best-seller. The I7 saw 53% of inventory not viewed daily (up 15% QoQ). The I5 had the highest percent aged over 30 days among used units (73%).
    • Cadillac saw carryover rise 29% YoY, led by the Vistiq debut (4% of sales) and a strong quarter for XT4.
    • Chevrolet’s Equinox EV sales surged 64%, while Blazer EV finished with the highest percent of inventory marked down at 71%. Silverado EV used prices dropped 22%.
    • Chrysler achieved a 12% QoQ drop in aged inventory — the largest decrease in the market.
    • Dodge increased new sales 10% QoQ, with Charger Daytona driving a 12% YoY price increase; it also saw the largest YoY drop in aged sold units (down 24%).

    Lotlinx Customer Performance

    Despite persistent pressures from aging and price, Lotlinx clients continued to outperform. Lotlinx dealers averaged 6% less aged new inventory and 5% less for used vehicles compared to non-Lotlinx dealers. Furthermore, 63% of new vehicle brands and 89% of used vehicle brands powered by Lotlinx outperformed the broader market.

    “Affordability and VIN-level precision are defining today’s winners,” said Len Short, Executive Chairman of Lotlinx. “Our Q2 Vincensus data shows that Lotlinx dealers, armed with real-time, VIN-specific insights, are achieving faster sales, sharper pricing, and stronger profits, even as the market gets tougher.”

    Click here to download the Q2 Quarterly Vincensus Report.

    About Lotlinx
    Founded in 2012 and based out of Peterborough, New Hampshire, Lotlinx is the automotive industry leader in VIN-specific data solutions for inventory risk management. The Lotlinx platform provides automobile dealers and manufacturers with enhanced operational control over their retail business. Leveraging state-of-the-art real-time data and machine learning technology, Lotlinx provides a precision retailing solution that enables dealers to automatically adapt to market dynamics, mitigating inventory risk through VIN-specific strategies. To learn more about Lotlinx, please visit www.lotlinx.com. 

    The MIL Network –

    July 23, 2025

  • MIL-OSI: Lotlinx Q2 Quarterly Vincensus Report Highlights Affordability-Driven Surge for Hybrids and ICE, Market Headwinds for EVs

    Source: GlobeNewswire (MIL-OSI)

    DETROIT, July 22, 2025 (GLOBE NEWSWIRE) — Lotlinx, the auto industry’s first and only VIN Performance platform built to help dealers maximize profitability, announced today its Q2 2025 Quarterly Vincensus Report, the most comprehensive quarterly inventory report in the industry. Leveraging over 24 billion proprietary VIN-level data points and more than a decade of machine learning innovation, the report offers accurate, unparalleled insights into the current state of the automotive retail market for both new and used vehicles, inventory risk, vehicle sales, consumer preferences, and markdown/pricing strategies. Click here to access the full Q2 Quarterly Vincensus Report.

    Market Outlook:

    The second quarter of 2025 opened with robust sales activity, initially spurred by a tariff-driven rush that subsided by late spring, giving way to a market fueled by affordability. Hybrids and ICE (gas) vehicles saw a significant 7% quarter-over-quarter (QoQ) sales increase, even as new electric vehicle (EV) sales declined 2% despite rising inventory. As affordability remained top of mind for consumers, a $10,000 average price gap between new EVs and ICE, and a $7,000 premium over hybrids left EV sales lagging, except in the used market, where closer price parity drove an 11% spike in used EV purchases.

    Looking ahead, Lotlinx anticipates a sales cooldown through the remainder of 2025, with automaker incentives and digital-first engagement strategies becoming increasingly vital for retailers adapting to economic headwinds.

    Key Findings

    Inventory and Pricing Trends

    • New vehicle day supply decreased by 4 days QoQ to 61 days, up 1 day year-over-year (YoY)
    • Used vehicle day supply increased by 2 days QoQ to 40 days, up 2 days YoY
    • Aged ending inventory for used vehicles climbed 7% QoQ to 49%
    • Ending inventory listed at an average price of $28,888, nearly $2,000 higher than units sold in Q2
    • Carryover for new vehicles decreased 5% QoQ to 51%; used decreased 6% to 43%

    EV, Hybrid, and ICE Performance

    • New hybrid and ICE sales rose 7% QoQ, while new EV sales declined 2% despite a 22-day supply increase to 100 days
    • Used EV sales jumped 11% QoQ as the price gap narrowed, while used hybrid and ICE volumes held steady
    • Average new EV price dropped 2% QoQ to $54,943, while gasoline vehicles saw a 2% increase in list price for both new and used segments
    • New hybrids and EVs saw aged ending inventory both rise over 7% QoQ, with used ICEs aging most by 7%

    Brand-Specific Insights

    • Acura started the quarter with the largest decrease in new carryover (down 17% to 40%). Acura’s ADX contributed 10% of brand sales, while new EV inventory dropped 58% QoQ.
    • Audi experienced the largest new sales drop (down 13% QoQ), with Q5 inventory falling 32%. Used E-Tron sales spiked 77% QoQ as average list price dropped 18%.
    • BMW’s X3 returned as best-seller. The I7 saw 53% of inventory not viewed daily (up 15% QoQ). The I5 had the highest percent aged over 30 days among used units (73%).
    • Cadillac saw carryover rise 29% YoY, led by the Vistiq debut (4% of sales) and a strong quarter for XT4.
    • Chevrolet’s Equinox EV sales surged 64%, while Blazer EV finished with the highest percent of inventory marked down at 71%. Silverado EV used prices dropped 22%.
    • Chrysler achieved a 12% QoQ drop in aged inventory — the largest decrease in the market.
    • Dodge increased new sales 10% QoQ, with Charger Daytona driving a 12% YoY price increase; it also saw the largest YoY drop in aged sold units (down 24%).

    Lotlinx Customer Performance

    Despite persistent pressures from aging and price, Lotlinx clients continued to outperform. Lotlinx dealers averaged 6% less aged new inventory and 5% less for used vehicles compared to non-Lotlinx dealers. Furthermore, 63% of new vehicle brands and 89% of used vehicle brands powered by Lotlinx outperformed the broader market.

    “Affordability and VIN-level precision are defining today’s winners,” said Len Short, Executive Chairman of Lotlinx. “Our Q2 Vincensus data shows that Lotlinx dealers, armed with real-time, VIN-specific insights, are achieving faster sales, sharper pricing, and stronger profits, even as the market gets tougher.”

    Click here to download the Q2 Quarterly Vincensus Report.

    About Lotlinx
    Founded in 2012 and based out of Peterborough, New Hampshire, Lotlinx is the automotive industry leader in VIN-specific data solutions for inventory risk management. The Lotlinx platform provides automobile dealers and manufacturers with enhanced operational control over their retail business. Leveraging state-of-the-art real-time data and machine learning technology, Lotlinx provides a precision retailing solution that enables dealers to automatically adapt to market dynamics, mitigating inventory risk through VIN-specific strategies. To learn more about Lotlinx, please visit www.lotlinx.com. 

    The MIL Network –

    July 23, 2025

  • MIL-OSI: From mining machines to mobile phones: Topnotch Crypto launches the world’s first “mobile cloud mining” app, turning smartphones into “income-generating devices”

    Source: GlobeNewswire (MIL-OSI)

    Houston, Texas, July 22, 2025 (GLOBE NEWSWIRE) — In a bold move set to redefine the cryptocurrency landscape, Topnotch Crypto has officially launched the world’s first mobile cloud mining application, a pioneering platform that transforms ordinary smartphones into crypto-generating machines — without requiring any hardware, tech skills, or upfront complexity.

    This mobile-first solution completely reshapes how people access digital mining. By eliminating the need for traditional mining equipment and simplifying the user experience, Topnotch Crypto opens the door for mass participation in the blockchain economy — anywhere, anytime.

    Reimagining Mining for the Modern User

    Topnotch Crypto’s mobile cloud mining app marks a pivotal evolution in how digital currencies are mined. Instead of relying on costly GPUs or noisy ASIC miners, the app allows users to initiate mining contracts with just a few taps on their smartphone screen.

    Mining is no longer reserved for tech giants or hardcore enthusiasts. Our goal is to make crypto income available to everyone — in a secure, scalable, and sustainable way.

    Get Started in Minutes: Simple Registration Process

    New users can begin their crypto mining journey instantly with a quick and intuitive setup. The entire process takes less than two minutes:

    1. Click to download the app;

    2. Register with your email address and receive a $15 welcome bonus;

    3. Select a contract and start mining – you can start making profits on the same day.

    The app’s user-friendly design ensures even beginners can confidently navigate and begin earning.

    Tailored Mining Plans for Every Investor

    Topnotch Crypto offers a variety of flexible, automated cloud mining contracts designed to suit users at every experience level — from newcomers to seasoned crypto enthusiasts:

    • BTC Basic Plan: Ideal for first-time users seeking fast results through a short-term mining cycle with instant daily earnings.
    • LTC Classic Plan: A balanced plan designed for moderate investors looking to earn steady profits over a mid-range contract period.
    • BTC Classic Plan: Built for serious miners aiming for higher yields through an extended duration with optimized AI-driven performance.

    All mining plans are fully automated, eliminating the need for technical knowledge or manual maintenance. Users can activate their chosen plan and track live progress through a user-friendly dashboard in real time.

    Key Features That Set Topnotch Crypto Apart

    Topnotch Crypto’s mobile platform offers more than just convenience. It’s designed for performance, transparency, and long-term success:

    • No Equipment Required – Everything runs on secure cloud infrastructure.
    • Instant Mining Access – Start earning the same day you sign up.
    • Multi-Currency Support – Supports seamless exchange of multiple currencies such as BTC, LTC, ETH, XRP, etc.
    • Automated Income – Hands-free mining with automated returns.
    • User-Friendly Interface – Navigate your dashboard effortlessly.
    • Global Compatibility – Works on most Android devices worldwide.
    • Fast Withdrawals – Withdraw profits directly to your crypto wallet in minutes.

    This all-in-one model removes friction from the mining process and gives users full control over their investments.

    Driving Inclusion in the Crypto Economy

    Topnotch Crypto is not just building an app — it’s shaping a future where digital wealth is more inclusive. By removing the traditional cost and complexity associated with crypto mining, the company aims to empower users from underserved regions, small investors, and non-tech-savvy individuals.

    Security and Transparency as Core Principles

    Security remains at the heart of the platform’s design. Topnotch Crypto incorporates industry-grade protocols to ensure users’ funds and data are fully protected. The app also promotes transparency through real-time contract tracking and transaction histories.

    Built-in safeguards include:

    • Encrypted Wallet Integration
    • Cold Wallet Fund Storage
    • GDPR-Compliant Privacy Policies

    With these measures in place, users can mine with full confidence and peace of mind.

    Reshape the future of digital wealth and create a new era of encryption

    “The future has come, but it has not yet been evenly distributed.” Now, everyone can equally enjoy the dividends of blockchain. Download the Topnotch Crypto app, join the financial revolution, and create a new chapter of encryption!

    About Topnotch Crypto

    Topnotch Crypto is a next-generation blockchain solutions provider dedicated to democratizing access to digital wealth. With a focus on mobile-first technologies, the company is at the forefront of building user-friendly platforms that enable individuals to profit from crypto mining without traditional barriers.

    Press Contact:

    Official Website: https://www.topnotchcrypto.com/

    Email: info@topnotchcrypto.com 

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in the loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    Attachment

    • Topnotch Crypto

    The MIL Network –

    July 23, 2025

  • MIL-OSI: BexBack Empowers Small Traders to Ride the Bull Market: No KYC, 100x Leverage, and 100% Deposit Bonus

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 22, 2025 (GLOBE NEWSWIRE) — With Bitcoin soaring to $120,000 and Ethereum approaching $3,700, the long-anticipated crypto bull market is in full swing. As traders scramble to seize the moment, BexBack is leveling the playing field for retail investors with a powerful trio of features: No KYC, up to 100x leverage, and a 100% deposit match bonus.

    Whether you’re a seasoned futures trader or just entering the market, BexBack enables you to turn small deposits into large opportunities — without compromising your privacy. Unlike traditional platforms requiring lengthy identity checks, BexBack allows users to start trading instantly with no KYC requirements.

    To celebrate the bullish momentum, BexBack has launched an exclusive promotion:

    • 100% Deposit Bonus: Double your initial capital with a matching bonus (min. 100 USDT or 0.001 BTC).
    • $50 Welcome Bonus: Get started instantly after your first qualifying deposit and trade — no strings attached.
    • 100x Leverage: Maximize your profit potential by riding every price swing.

    The platform supports over 50 major crypto assets and offers a seamless trading experience optimized for both desktop and mobile users. Advanced risk-control mechanisms and real-time order execution ensure traders stay in control — even in fast-moving markets.

    “At BexBack, we believe that financial growth should be accessible to everyone — not just whales or institutional players,” said the company’s Operations Director. “This bull run is a rare opportunity, and our platform is designed to help small traders make the most of it.”

    With zero KYC barriers, generous trading incentives, and industry-grade security, BexBack stands out as one of the most user-friendly and rewarding crypto futures platforms of the 2025 bull market.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    About BexBack

    BexBack is a global cryptocurrency futures exchange offering up to 100x leverage, zero KYC onboarding, and industry-leading bonuses. Headquartered in Singapore, the platform has earned the trust of users in over 200 countries and regions. BexBack is fully compliant with FinCEN MSB regulations in the United States.

    Sign Up Now on BexBack — Break the 100x Leverage and KYC Barriers, Get Double Deposit Bonus and $50 Welcome Bonus Instantly.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3618bf87-e7b8-4196-8187-7a3e204125b9

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5c4cd6bd-5af2-4d2c-8f0b-a6db55ea2646

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4f32a8f8-e052-48e3-8fa6-735a8b9645ac

    https://www.globenewswire.com/NewsRoom/AttachmentNg/898ad55a-fbe3-43aa-b908-8ba6d0dc6547

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7d81e034-8dea-46f2-ba8e-906b37fe636d

    The MIL Network –

    July 23, 2025

  • MIL-OSI: Presidio Appoints Tina McNulty as Chief Marketing Officer to Lead Global Marketing and Fuel Growth

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) — Presidio, a leading technology services and solutions provider, today announced the appointment of Tina McNulty as Chief Marketing Officer (CMO). A transformational marketing leader with a proven track record of driving revenue growth and brand leadership, McNulty will report to Vince Trama, Chief Revenue Officer (CRO) and lead Presidio’s global marketing strategy as the company continues to expand its focus on helping clients accelerate innovation and achieve meaningful business outcomes.

    “Tina’s data-driven marketing and technical audience engagement expertise makes her the ideal leader to elevate Presidio’s brand and transform our go-to-market strategy,” said Trama. “Her ability to align marketing innovation with business outcomes will be instrumental as we continue to help clients harness the power of AI, cloud, and digital transformation.”

    McNulty brings over two decades of experience scaling marketing operations for high-growth software and cybersecurity companies. Most recently, she served as CMO at ScienceLogic and has held senior marketing roles at leading technology firms such as BitSight, Cisco, and BMC, consistently delivering measurable business impact through strategic marketing campaigns, compelling positioning, and customer journey optimization.

    “I’m excited to join Presidio as our clients face some of their toughest technology challenges yet,” said Tina McNulty, Chief Marketing Officer. “What drew me here is the deep trust Presidio has earned over time. In an AI-driven world, that trust is invaluable—and when paired with our ability to innovate at scale, it uniquely positions us to lead clients through transformation with confidence. I’m eager to help more organizations discover how that trusted partnership can accelerate their success.”

    In her new role, McNulty will oversee Presidio’s global marketing team and drive integrated marketing strategies that support the company’s continued growth trajectory. She will focus on expanding market awareness, deepening client engagement, and positioning Presidio as the premier partner for enterprise digital transformation and cloud initiatives.

    Presidio has experienced significant growth over the past year, expanding its AI and cloud capabilities while strengthening its position as a trusted advisor to enterprise clients seeking to modernize their technology infrastructure and accelerate business outcomes.

    About Presidio

    At Presidio, speed and quality meet technology and innovation. Presidio is a trusted ally for organizations across industries with a decades-long history of building traditional IT foundations and deep expertise in AI and automation, security, networking, digital transformation, and cloud computing. Presidio fills gaps, removes hurdles, optimizes costs, and reduces risk. Presidio’s expert technical team develops custom applications, provides managed services, enables actionable data insights, and builds forward-thinking solutions that drive strategic outcomes for clients globally. For more information, visit www.presidio.com.

    The MIL Network –

    July 23, 2025

  • MIL-OSI: AutoScheduler Receives Investment from Ben Gordon, Founder of Cambridge Capital LLC

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, July 22, 2025 (GLOBE NEWSWIRE) — AutoScheduler.AI, a leader in Agentic AI Warehouse Orchestration, announces receiving a strategic investment from Benjamin Gordon, a leading investor in logistics and supply chain technology companies. This investment marks a significant milestone in AutoScheduler’s continued growth and commitment to transforming warehouse orchestration through Agentic AI.

    “Ben Gordon brings unmatched expertise in logistics technology and a proven track record of scaling high-growth supply chain innovators,” says Keith Moore, CEO of AutoScheduler.AI. “Ben understands that we’re entering a new era in warehousing, where Agentic AI enables proactive, intelligent decision-making across operations, driving speed, agility, and performance. This strategic partnership will help us accelerate our roadmap, enhance customer outcomes, and bring Agentic AI warehouse orchestration to even more enterprises.”

    “In a world where disruptions are the norm, companies need intelligent, responsive systems that can orchestrate warehouse operations in real time and AutoScheduler delivers exactly that and more,” says Benjamin Gordon. “We are impressed with the team, technology, and leadership at the company and look forward to supporting their continued growth.”

    Benjamin Gordon is Managing Partner of Cambridge Capital, an investor in niche supply chain leaders. He is also Managing Partner of BGSA Holdings LLC (BGSA), an investment banking firm focused on the supply chain industry. Prior to founding BGSA, Ben founded 3PLex and led strategy projects in transportation and technology at Mercer Management consulting. Ben received a Masters in Business Administration from Harvard Business School and a Bachelor of Arts degree from Yale College.

    AutoScheduler continues to partner with global brands seeking to modernize warehouse operations and boost efficiencies and productivity within the warehouse environment. The investment will support AutoScheduler’s continued expansion, including enhancements to its product suite, growth of its leadership and engineering teams, and increased go-to-market efforts. Previous investments & follow on investments were also made by core AutoScheduler partners Noro-Moseley Partners and Blue Impact LLC.

    About AutoScheduler.AI
    AutoScheduler.AI empowers your supply chain with its Agentic AI-based warehouse orchestration platform that integrates with your existing WMS/LMS/YMS or any other solution to drive value across the supply chain by improving throughput, cutting labor costs, and ensuring customer service goals are met. AutoScheduler automates critical tasks for the warehouse like labor scheduling, task sequencing, and dock management, ensuring everything runs smoothly and efficiently. Our Agentic AI-based platform makes better decisions to create an adaptive, living supply chain. For more information, visit: http://www.AutoScheduler.AI.

    About Cambridge Capital
    Cambridge Capital is a leading investment firm focused on the supply chain sector. Based in West Palm Beach, FL, the firm invests in high-growth companies in logistics, transportation, and supply chain technology. Learn more at www.cambridgecapital.com.

    Contact:
    Becky Boyd
    MediaFirst PR
    Becky@MediaFirst.Net
    Cell: (404) 421-8497

    The MIL Network –

    July 23, 2025

  • MIL-OSI: Bitcoin Swift Starts Stage One of Presale, Surpasses $400k Raised In Five Days as Bitcoin Holds $118,000

    Source: GlobeNewswire (MIL-OSI)

    LUXEMBOURG, July 22, 2025 (GLOBE NEWSWIRE) — Bitcoin remains steady above $118,000 this week as market sentiment strengthens around long-term crypto adoption. This continued stability is pushing investor attention toward blockchain projects that combine real innovation with meaningful incentives. Bitcoin Swift (BTC3) is among those grabbing headlines after raising over $400,000 within just five days of its presale launch.

    The rising interest in AI-integrated blockchain platforms comes as the industry shifts from speculative narratives to solutions delivering actual utility and sustainable rewards. BTC3 is proving timely and relevant in this evolving space.

    Bitcoin Swift Gains Early Momentum

    Bitcoin Swift is now deep into Stage 1 of its presale with strong early demand. The project’s positioning is clear. It offers a forward-thinking blockchain infrastructure combining AI-powered systems with decentralized finance to deliver scalability, compliance, and next-generation rewards.

    BTC3’s hybrid Proof-of-Work and Proof-of-Stake structure provides robust security while unlocking advanced reward mechanics through its dynamic Proof-of-Yield architecture. Participants are entering a system designed not just to function but to thrive on adaptability and long-term sustainability.

    Reward Distribution Architecture

    Central to BTC3’s appeal is its reward structure. Proof-of-Yield adjusts dynamically based on factors like user participation, environmental efficiency, and governance input. This creates a living, responsive rewards ecosystem aligned with both user activity and global sustainability efforts.

    • Rewards scale with higher participation and clean energy usage
    • AI oracles analyze network health and environmental metrics
    • Governance decisions fine-tune future reward allocation

    The 143% APY currently offered in Stage 1 is a major draw for early participants. Rewards are distributed at the end of each presale stage, delivering transparency and reinforcing confidence in BTC3’s model. For further details on how BTC3 operates, you can review their verified Spywolf Audit and Solidproof Audit.

    AI-Driven Governance

    Bitcoin Swift implements decentralized governance through quadratic voting mechanisms tied to decentralized identity. This ensures influence is reputation-based, not just token-weighted. AI systems screen proposals for potential risks before they advance to voting, providing an added layer of security and integrity.

    This governance model reflects BTC3’s broader focus on transparency, scalability, and ethical participation. These elements are reinforced by its verified KYC certification.

    AI-Powered Smart Contracts

    Bitcoin Swift’s smart contracts are not static. AI agents embedded within allow these contracts to adapt to changing market data and user behavior. This unlocks new opportunities for fully autonomous financial services that learn and optimize over time, setting BTC3 apart from more traditional protocols.

    This adaptive infrastructure positions BTC3 as a serious player in decentralized finance innovation. Influencers and blockchain enthusiasts are already noticing. A detailed review by Token Empire covers why Bitcoin Swift’s approach to AI and rewards is drawing attention.

    Presale Presentation

    Bitcoin Swift is currently offering Stage 1 of one of the shortest presales, running a total of 64 days and ending on September 18th, 2025. This short, fast-moving presale gives participants access to BTC3 at just $1.00 before it moves to $2.00 in the next stage. The confirmed launch price is set at $15.00. The standout 143% APY is tied to BTC3’s adaptive rewards system, with distributions processed at the end of each presale stage.

    This presale is more than a token sale. It grants participants early access to governance, AI tools, and BTC3’s evolving infrastructure. Community updates are shared through the official Telegram group and active engagement continues through X.

    Final Verdict

    Bitcoin Swift continues to prove it is more than a presale opportunity. It delivers a compelling case for blockchain innovation through adaptive rewards, AI governance, and privacy-first compliance. With $400,000 raised in its first five days and a strong value proposition rooted in real technology, BTC3 stands out in today’s crypto landscape.

    For more information on Bitcoin Swift:
    Website: https://bitcoinswift.com

    Contact:
    Luc Schaus
    support@bitcoinswift.com

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

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4da763a2-a43f-49ba-b019-e9108ceed24f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a8a8fb98-bbc1-4cf8-b6e5-8b45cb855aa0

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9dbeba31-fac4-40e9-8930-cc5febdca40d

    The MIL Network –

    July 23, 2025

  • MIL-OSI Economics: Samsung Galaxy Watch Ultra Now Has One UI 8 Watch

    Source: Samsung

     
    Samsung Electronics today announced the availability of the One UI 8 Watch update1 for Galaxy Watch Ultra, unlocking the motivational health features and refined, intuitive interface unveiled with the new Galaxy Watch8 series to a wider Galaxy users. With the update, Galaxy Watch Ultra users now have access to powerful tools2 like Running Coach, Vascular Load and Antioxidant Index — all designed to help users build healthier habits through motivational insights.
     
    With One UI 8 Watch, the user interface is optimized to deliver essential information at a glance on a smartwatch-sized screen. Multi-Info Tiles pull everything from health metrics to weather into a customizable view, delivering the information users need, exactly when they need it. Now Bar3 ensures that whatever users are working on is always accessible. These One UI 8 Watch features integrate seamlessly with Galaxy Watch Ultra’s robust performance and durability.
     
    Galaxy Watch Ultra remains the ultimate wearable companion for those who love outdoor adventure, all available in four stunning titanium finishes — including the newly introduced Titanium Blue. Meanwhile, Galaxy Watch8 is designed for everyday wellness with comfort and style, while Galaxy Watch8 Classic offers timeless sophistication paired with advanced functionality. Galaxy Watch8, Galaxy Watch8 Classic and Galaxy Watch Ultra in Titanium Blue will soon be globally launched.
     
    For more details about the Galaxy Watch Ultra, visit https://www.samsung.com/galaxy-watch/.
     
     
    1 One UI 8 Watch update will be progressively rolled out to previous Galaxy Watch models. All functionality, features, specifications and other product information provided in this document including, but not limited to benefits, design, pricing, components, performance, availability, and capabilities of the product are subject to change without notice.
    2 Availability and features may vary depending on market, model and the smartphone paired; visit https://www.samsungmobilepress.com/feature-stories/great-health-can-happen-overnight-with-galaxy-watch for details. Not intended for use in detection, diagnosis, treatment of any medical condition. The result is for your personal reference only. Please consult a medical professional for advice.
    3 Availability of functions supported within the apps may vary by market. Some functional widgets may require a network connection and/or Samsung Account login.

    MIL OSI Economics –

    July 23, 2025

  • MIL-Evening Report: Gaza not a religious issue – it’s a massive violation of international law, say accord critics

    Asia Pacific Report

    Groups that have declined to join the government-sponsored “harmony accord” signed yesterday by some Muslim and Jewish groups, say that the proposed new council is “misaligned” with its aims.

    The signed accord was presented at Government House in Auckland.

    About 70 people attended, including representatives of the New Zealand Jewish Council, His Highness the Aga Khan Council for Australia and New Zealand and the Jewish Community Security Group, reports RNZ News.

    The initiative originated with government recognition that the consequences of Israel’s actions in Gaza are impacting on Jewish and Muslim communities in Aotearoa, as well as the wider community.

    While agreeing with that statement of purpose, other Muslim and Jewish groups have chosen to decline the invitation, said some of the disagreeing groups in a joint statement.

    They believe that the council, as formulated, is misaligned with its aims.

    “Gaza is not a religious issue, and this has never been a conflict between our faiths,” Dr Abdul Monem, a co-founder of ICONZ said.

    ‘Horrifying humanitarian consequences’
    “In Gaza we see a massive violation of international law with horrifying humanitarian consequences.

    “We place Israel’s annihilating campaign against Gaza, the complicity of states and economies at the centre of our understanding — not religion.

    “The first action to address the suffering in Gaza and ameliorate its effects here in Aotearoa must be government action. Our government needs to comply with international courts and act on this humanitarian calamity.

    “That does not require a new council.”

    The impetus for this initiative clearly linked international events with their local impacts, but the document does not mention Gaza among the council’s priorities, said the statement.

    “Signatories are not required to acknowledge universal human rights, nor the courts which have ruled so decisively and created obligations for the New Zealand government. Social distress is disconnected from its immediate cause.”

    The council was open to parties which did not recognise the role of international humanitarian law in Palestine, nor the full human and political rights of their fellow New Zealanders.

    ‘Overlooks humanitarian law’
    Marilyn Garson, co-founder of Alternative Jewish Voices said: “It has broad implications to overlook our rights and international humanitarian law.

    “As currently formulated, the council includes no direct Palestinian representation. That’s not good enough.

    “How can there be credible discussion of Aotearoa’s ethnic safety — let alone advocacy for international action — without Palestinians?

    “Law, human rights and the dignity of every person’s life are not opinions. They are human entitlements and global agreements to which Aotearoa has bound itself.

    “No person in Aotearoa should have to enter a room — especially a council created under government auspices — knowing that their fundamental rights will not be upheld. No one should have to begin by asking for that which is theirs.”

    The groups outside this new council said they wished to live in a harmonious society, but for them it was unclear why a new council of Jews and Muslims should represent the path to harmony.

    “Advocacy that comes from faith can be a powerful force. We already work with numerous interfaith community initiatives, some formed at government initiative and waiting to really find their purpose,” said Dr Muhammad Sajjad Naqvi, president of ICONZ.

    Addressing local threats
    “Those existing channels include more of the parties needed to address local threats, including Christian nationalism like that of Destiny Church.

    “Perhaps government should resource those rather than starting something new.”

    The groups who declined to join the council said they had “warm and enduring relationships” with FIANZ and Dayenu, which would take seats at this council table.

    “All of the groups share common goals, but not this path,” the statement said.

    ICONZ is a national umbrella organisation for New Zealand Shia Muslims for a unified voice. It was established by Muslims who have been born in New Zealand or born to migrants who chose New Zealand to be their home.

    Alternative Jewish Voices is a collective of Aotearoa Jews working for Jewish pluralism and anti-racism. It supports the work of Palestinians who seek liberation grounded in law and our equal human rights.

    MIL OSI Analysis – EveningReport.nz –

    July 23, 2025

  • MIL-OSI USA: Sens. Budd, Blunt Rochester Introduce Bipartisan Bill to Streamline American Manufacturing

    US Senate News:

    Source: United States Senator Ted Budd (R-North Carolina)
    Washington, D.C. — U.S. Senator Ted Budd (R-N.C.) and Lisa Blunt Rochester (D-Del.), members of the Senate Commerce, Science, and Transportation Committee, introduced the bipartisan Streamlining American Manufacturing Strategy Act. The bill would amend the National Institute of Standards and Technology Act to align the timelines for multiple advanced manufacturing initiatives to every four years on the same cycle.
    “Unleashing the next generation of technological innovation will make Americans’ everyday lives easier, create new jobs, and help American companies stay competitive in the global market. North Carolina has one of the most talented workforces in the nation, which has made the Old North State a leader in advanced manufacturing. I am proud to partner with my colleague, Senator Blunt Rochester, on this common-sense bill to ensure that our nation has a clear vision to keep American manufacturers ahead in the technological race and driving our economy forward,” said Senator Budd.
    “I have spent my career in Congress working to strengthen American manufacturing to create jobs and lower costs for hardworking people in Delaware and across the nation. The introduction of our bipartisan Streamlining American Manufacturing Strategy Act is another critical step in that effort. This bill will ensure everyone can be on the same page and cut unnecessary red tape across the American manufacturing sector. I am grateful to Senator Budd for his partnership on this effort on behalf of our constituents and look forward to working with our colleagues on the Commerce Committee and throughout the Senate to get this bill passed into law,” said Senator Blunt Rochester.
    “The U.S. Manufacturing Innovation Council welcomes the introduction of the Streamlining American Manufacturing Strategy Act. This legislation is a beneficial, commonsense, and bipartisan step that will improve the alignment of important national strategy initiatives for domestic advanced manufacturing.  The USMIC appreciates this effort to improve the national planning process,” said Franz Wuerfmannsdobler, Executive Director of the U.S. Manufacturing Innovation Council.
    Read the full bill text HERE.
    BACKGOUND
    As it currently stands, the Manufacturing USA Strategic Plan establishes a 3-year planning cycle for updating the 17 Manufacturing USA Institutes, as mandated by the National Institute of Standards and Technology Act. However, the National Strategy for Advanced Manufacturing is updated every four years on a different cycle.
    The alignment established under the Streamlining American Manufacturing Strategy Act will set clear goals, synchronize data collection, and increase collaboration for U.S. advanced manufacturing stakeholders.

    MIL OSI USA News –

    July 23, 2025

  • MIL-OSI USA: Congressman Langworthy Leads ZIP Code Fix for Pendleton and Wheatfield

    Source: US Congressman Nick Langworthy (NY-23)

    WASHINGTON, D.C. – Congressman Nick Langworthy announced that the U.S. House of Representatives has passed the bipartisan ZIP Code Act, H.R. 3095, legislation he proudly cosponsored and helped advance through the House Oversight Committee in partnership with Congresswoman Lauren Boebert. The bill now moves to the Senate for consideration.

    The legislation directs the U.S. Postal Service to assign unique ZIP codes to more than 65 underserved communities across the country—including the Towns of Pendleton and Wheatfield in Western New York.

    For decades, Pendleton and Wheatfield have shared ZIP codes with neighboring municipalities—leading to misdirected mail, delayed deliveries, inaccurate sales tax distribution, inflated insurance rates, and slower emergency response times.

    “This has been a long-standing problem that’s impacted nearly every household and business in Pendleton and Wheatfield,”said Congressman Langworthy.“I made it a top priority to fix it. Now that the House has passed this bill, we’re one step closer to giving these communities the recognition, reliability, and services they deserve.”

    Langworthy is calling on the Senate to act swiftly and deliver long-overdue relief to these growing Western New York towns.

    ###

    MIL OSI USA News –

    July 23, 2025

  • MIL-OSI USA: Congressman Langworthy Announces $800,085 DEC Grant for Fitzpatrick and Weller, Inc. to Support Forest Management and Rural Jobs

    Source: US Congressman Nick Langworthy (NY-23)

    WASHINGTON, D.C. – Today, Congressman Nick Langworthy (NY-23) announced Fitzpatrick and Weller, Inc. was awarded $800,085 by the New York State Department of Environmental Conservation (DEC). Specifically, the funding will be used to install advanced wood energy emissions control systems at two of the company’s manufacturing facilities, helping the company meet state environmental compliance requirements, and ensure our lumber industry can continue to thrive in Upstate New York.

     

    “The hardwood and lumber industry are a backbone of our local economy, and I’m proud to have helped secure this federal grant for Fitzpatrick & Weller, Inc. to support rural job retention and advance sustainable forest management right here in Western New York,”said Congressman Nick Langworthy.“’Made in America’ means something in the Southern Tier, and I will always stand with our manufacturers to strengthen our domestic supply chain. While New York’s manufacturing sector continues to battle burdensome regulations, I’m committed to fighting for businesses like this one in Cattaraugus County to ensure American lumber production remains resilient and competitive.”

     

    “Congressman Langworthy was a huge advocate for us on this project, and we are very grateful for his commitment to protecting jobs in the hardwood industry here in the Southern Tier,” said Greg Fitzpatrick, President of Fitzpatrick & Weller, Inc. “This grant is essential to our business and will allow us to invest in the necessary equipment to stay up to standard while continuing to operate, grow, and offer a truly American product from the forests of Cattaraugus County. Made in America means investing in America, and we are grateful to have the Congressman’s support.”

     

    This investment not only helps preserve local jobs but also supports responsible use of forest resources in the Southern Tier and across Western New York.

     

    ###

     

    MIL OSI USA News –

    July 23, 2025

  • MIL-OSI United Kingdom: Reaction to Sizewell C deal: too expensive, too slow 

    Source: Green Party of England and Wales

    22 July 2025 by Green Party

    Commenting on news that the Government has struck a deal with private investors to progress the Sizewell C nuclear power plant in Suffolk – a deal in which the government will have a 45% stake – co-leader of the Green Party and Waveney Valley MP, Adrian Ramsay, said:   

    “The tax-payer will pick up nearly half of the estimated £38bn bill for Sizewell C but see not a single watt of electricity from it for at least a decade. Bill-payers will also have to stump up the cash for this plant through an increase in their energy bills by around £12 a year.  

    “New nuclear is a vastly more expensive way to produce electricity than renewables, with electricity from Sizewell C estimated to cost around £170 per megawatt hour compared to offshore wind at around £89/MWh. Hinkley C has also shown how the costs of developing nuclear power plants mushroom and are beset by endless delays.  

    “The billions of our money being squandered on this nuclear gamble would be far better spent on insulating and retrofitting millions of homes, which would bringing down energy bills and keep people warm in winter and cool in summer. We should also be investing in genuinely green power such as fitting millions of solar panels to roofs, and in innovative technologies like tidal power. All this would create many more jobs than nuclear ever will and deliver clean electricity much more quickly.” 

    MIL OSI United Kingdom –

    July 23, 2025

  • MIL-OSI United Kingdom: Government publishes plan to address presence of chemicals from pet flea and tick treatments in UK waterways

    Source: United Kingdom – Executive Government & Departments

    Press release

    Government publishes plan to address presence of chemicals from pet flea and tick treatments in UK waterways

    New plans to address the presence of chemicals from flea and tick treatments in rivers and streams across the UK have been unveiled today

    New plans to address the presence of chemicals from flea and tick treatments in rivers and streams across the UK have been unveiled today (Tuesday 22 July).

    The initiative by the Cross-Government Pharmaceuticals in the Environment (PiE) Group focuses primarily on two chemicals – fipronil and imidacloprid – commonly used in topical parasite treatments for pets. These medicines play an essential role in protecting both animal and human health against fleas and ticks, however there are growing concerns around the amount of fipronil and imidacloprid finding its way into UK rivers and lakes .  

    The new roadmap outlines key actions to reduce levels of flea and tick treatments in the environment while protecting animal welfare – which includes commissioning research to better understand this issue and using this evidence to support an international review of environmental risk assessment guidelines . The three key stages of the roadmap are:

    • Communication and Education (Short Term):
      The Veterinary Medicines Directorate (VMD) will collaborate with veterinary professionals and industry stakeholders to improve pet owner awareness about the appropriate use and disposal of flea and tick treatments.

    • Evidence Gathering (Medium Term):
      The group will build a comprehensive understanding of the environmental impacts of these chemicals, alongside evaluating potential consequences of changing use patterns on animal and human health. The VMD has commissioned scientific research investigating how these substances enter rivers and streams and is working closely with the Environment Agency to assess the environmental risks they pose.

    • Regulatory Actions (Long Term):
      Based on the evidence collected, the PiE Group will support a review of international environmental risk assessment guidelines and consider future regulatory approaches to mitigate environmental risks.

    Defra Biosecurity Minister, Baroness Hayman said:

    This Government is absolutely committed to restoring nature and reducing harms posed by chemicals in the environment.

    Our new Roadmap will develop a better understanding of the impact of flea and tick treatments on the environment, while recognising these treatments play a vital role in pet and human health.

    Abigail Seager, Chief Executive Officer of the Veterinary Medicines Directorate (VMD), said:

    This roadmap represents an important step forward in ensuring that the benefits of effective parasite control are maintained while taking necessary actions to reduce environmental risks.

    It reflects our commitment to an evidence-based approach, working closely with partners across government to protect both animal health and the environment.

    Kelly Short, Environment Agency Chemicals Manager said:

    The launch of this roadmap is an important step in tackling the presence of harmful chemicals like fipronil and imidacloprid in our rivers and streams.

    By improving public awareness, building the evidence base, and working together to assess environmental risks, we can take meaningful action to protect our water environment and the wildlife that depends on it.

     The PiE Group brings together key government bodies, including the Veterinary Medicines Directorate (VMD), Environment Agency (EA), Health and Safety Executive (HSE), Department for Environment, Food and Rural Affairs (Defra), Medicines and Healthcare products Regulatory Agency (MHRA), and representatives from devolved administrations in Wales, Scotland, and Northern Ireland.

    This collaborative initiative aims to develop a coordinated strategy to reduce the environmental impact of pharmaceuticals from human, veterinary, agricultural, and non-agricultural sources.

    ENDS

    Notes to Editors:

    • The full roadmap is available at: Cross-government Pharmaceuticals in the Environment Group Roadmap – GOV.UK

    • All flea and tick treatments authorised in the UK have undergone an environmental risk assessment (ERA). This is a requirement for all veterinary pharmaceuticals authorised by the VMD. Currently, for pharmaceuticals for companion animals, the ERA is limited to an exposure assessment, known as a Phase I assessment. This is based on VICH (International Cooperation on Harmonisation of Technical Requirements for Registration of Veterinary Medicinal Products) guidelines. Due to environmental concerns, the VMD are supporting a call for a review of the process for assessing environmental risk from parasiticides for companion animals at an international level and are gathering evidence to inform future policy decisions.

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    Updates to this page

    Published 22 July 2025

    MIL OSI United Kingdom –

    July 23, 2025

  • MIL-OSI United Nations: Food lifeline fading for millions in South Sudan hit by conflict and climate shocks

    Source: United Nations 2

    Earlier this month, the UN agency began airdropping emergency food assistance in Upper Nile State after surging conflict forced families from their homes and pushed communities to the brink of famine.

    Nationwide, the picture is just as alarming, with half the country’s population – more than 7.7 million people – officially classified as food insecure by UN partner the IPC platform. This includes more than 83,000 face “catastrophic” levels of food insecurity.

    “The scale of suffering here does not make headlines but millions of mothers, fathers, and children are spending each day fighting hunger to survive,” said WFP Deputy Executive Director Carl Skau, following a visit to South Sudan last week. 

    The worst-hit areas include Upper Nile State, where fighting has displaced thousands and relief access is restricted. Two counties are at risk of tipping into famine: Nasir and Ulang.

    South Sudan, the world’s youngest country, gained independence in 2011. This gave way to a brutal and devastating civil war which ended in 2018 thanks to a peace agreement between political rivals which has largely held.

    However, recent political tensions and increased violent attacks – especially in the Upper Nile State – threaten to unravel the peace agreement and return the nation to conflict.

    The humanitarian emergency crisis has been exacerbated by the war in neighbouring Sudan. 

    Since April 2023, nearly 1.2 million people have crossed the border into South Sudan, many of them hungry, traumatised, and without support. WFP says that 2.3 million children across the country are now at risk of malnutrition.

    Crucial, yet fragile gains

    Despite these challenges, the UN agency has delivered emergency food aid to more than two million people this year. In Uror County, Jonglei State, where access has been consistent, all known pockets of catastrophic hunger have been eliminated. Additionally, 10 counties where conflict has eased have seen improved harvests and better food security, as people were able to return to their land.

    To reach those in the hardest-hit and most remote areas, WFP has carried out airdrops delivering 430 metric tons of food to 40,000 people in Greater Upper Nile. River convoys have resumed as the most efficient way to transport aid in a country with limited infrastructure. These included a 16 July shipment of 1,380 metric tons of food and relief supplies. WFP’s humanitarian air service also continues flights to seven Upper Nile destinations.

    At the same time, a cholera outbreak in Upper Nile has placed additional pressure on the humanitarian response. Since March, WFP’s logistics cluster has airlifted 109 metric tons of cholera-related supplies to affected areas in Upper Nile and Unity states.

    However, the UN agency says it can currently support only 2.5 million people – and often with just half-rations. Without an urgent injection of $274 million, deeper cuts to aid will begin as soon as September.

    “WFP has the tools and capacity to deliver,” said Mr. Skau. “But without funding – and without peace – our hands are tied.” 

    MIL OSI United Nations News –

    July 23, 2025

  • MIL-OSI Canada: Stronger pipeline pact spans three provinces

    [. The MOU also calls for new rail lines to connect critical mineral deposits located in Ontario’s Ring of Fire region to ports in Western Canada.

    The agreement reinforces joint efforts to push back against federal policies that block nation-building projects in order to collectively advance pipelines, rail, transmission infrastructure and other major projects across Canada’s energy, mining and manufacturing sectors.

    This includes significantly amending or repealing the Impact Assessment Act, as well as repealing the Oil Tanker Moratorium Act, Clean Electricity Regulations, the Oil and Gas Sector Greenhouse Gas Emissions Cap, and all other federal initiatives that discriminately impact the energy sector and sectors such as mining and manufacturing. Taking action will ensure Alberta, Ontario and Saskatchewan can attract the investment and project partners needed to get shovels in the ground, grow industries and create jobs.

    “We’re taking action to grow our economy, build real infrastructure and get major projects moving. Alberta is proud to lead the way in uniting with provinces that share a vision for responsible development, economic freedom and common sense. We’re standing up for our oil and gas sector and making sure our world-class resources reach the markets that need them. Together, Alberta, Ontario and Saskatchewan are showing what’s possible when provinces step up. This agreement is about building a stronger, more connected Canada, one project at a time.”

    Danielle Smith, Premier of Alberta

    “As the world grapples with President Trump’s unfair tariffs, it’s more important than ever to build a resilient and self-reliant economy here at home. This agreement sends a clear message: Ontario, Alberta and Saskatchewan are ready to get shovels in the ground and move forward on projects that will secure our long-term prosperity.”

    Doug Ford, Premier of Ontario

    “We are sending a clear signal that Canada’s energy future will be built by Canadians, for Canadians. This agreement commits our provinces to work together to unlock new markets, shore up our supply chains from mine to port, and advocate for the federal reforms our industry needs. By advancing pipelines, rail connections and critical-mineral processing capacity, we are safeguarding thousands of jobs, strengthening our energy security, and fostering sustainable growth.”

    Scott Moe, Premier of Saskatchewan

    This agreement builds on the foundations of the MOU recently signed by Alberta Premier Danielle Smith and Ontario Premier Doug Ford at the Calgary Stampede to strengthen interprovincial trade, drive major infrastructure development, and grow Canada’s global competitiveness through energy and trade infrastructure.

    By signing this new agreement Alberta, Saskatchewan and Ontario are demonstrating what it takes to keep Canada competitive in a changing world.

    Quick facts

    • Premiers Danielle Smith and Doug Ford signed two MOUs on July 7, 2025, to prioritize building pipelines, rail and infrastructure between the two provinces, as well as to bolster interprovincial trade of alcohol and vehicles between the provinces.
    • On June 1, 2025, Premiers Smith and Ford signed an MOU to improve the free flow of goods and services between the two provinces.

    Related information

    • Leading the way on interprovincial trade

    Related news

    • Alberta-Ontario MOUs fuel more pipelines and trade (July 7, 2025)
    • Next stop for free trade: Ontario! (June 1, 2025)

    Multimedia

    • Watch the news conference

    MIL OSI Canada News –

    July 23, 2025

  • MIL-OSI Canada: Government of Canada improves access to health services for Francophone minority communities

    Source: Government of Canada News

    Backgrounder

    The following projects aim to improve access to health services in French for official language minority communities (OLMCs) across Canada.

    July 22, 2025

    The following projects aim to improve access to health services in French for official language minority communities (OLMCs) across Canada.

    Société Santé en français (SSF)

    Project: Agir ensemble pour améliorer l’accès aux services de santé pour les communautés francophones et acadienne vivant en situation minoritaire au Canada (“Working together to improve access to health services for Francophone and Acadian minority communities in Canada”)

    Funding: $37,125,000

    The SSF project will deploy health networking activities in partnership with its 16 networks across the country to improve access to health services for minority francophone communities. This project will also support innovation that focuses on the integration of bilingual health workers, as well as the adaptation of existing health services to improve access for OLMCs. Funding allocated to the SSF includes support for their national secretariat and 16 networks, four of which are located in the Atlantic region:

    • SSF secretariat will receive $6,810,300;
    • Networks in Atlantic Canada:
      • Réseaux Société Santé et mieux-être en français du Nouveau-Brunswick (New Brunswick) will receive $3,230,305; 
      • Réseau Santé – Nouvelle-Écosse (Nova Scotia) will receive $1,274,550;
      • Réseau Santé en français de Terre-Neuve-et-Labrador (Newfoundland & Labrador) will receive $938,910; and
      • Réseau Santé en français Î.-P.-É. (Prince Edward Island) will receive $870,330

    Association des collèges et universités de la francophonie canadienne – Consortium national de formation en santé (ACUFC – CNFS)

    Project: Secrétariat national du Consortium national de formation (CNFS-ACUFC) – projet de Formation et maintien en poste des professionnels de la santé

    Funding: $9,463,536

    The ACUFC-CNFS project aims to increase access, recruitment and training to health programs in francophone post-secondary institutions, as well as increase internship and placement opportunities in Francophone minority communities. The ACUFC-CNFS is a national secretariat working closely with 16 francophone post-secondary institutions across Canada.

    Five Atlantic Canada post-secondary training institutions, members of the Association des collèges et universités de la francophonie canadienne – Consortium national de formation en santé (ACUFC – CNFS)

    Project: Formation et maintien en poste des professionnels de la santé (“Training and retention of health professionals”)

    Funding: $32,066,600

    • The Université de Moncton will receive $13,775,410 to increase the number of students enrolling in the following health programs: Bachelor’s in nutrition, Baccalaureate in nursing sciences, Master’s degree for nurse practitioners, Certificate and Master’s degree in health services management, Bachelor’s degree in social work and Doctorate in psychology. 
    • The Gouvernement de Nouveau-Brunswick – Centre de formation médicale will receive $10,439,250 to increase the number of students enrolling in their Undergraduate medicine program. 
    • The Collège communautaire du Nouveau-Brunswick will receive $4,932,535 to increase the number of students enrolling in the following health programs: Personal support work, Auxiliary nurse, Paramedical care, Mental health intervention techniques and aging, Pharmacy techniques, Rehabilitation techniques, Medical electrophysiology technology (cardiology), Medical radiation techniques, Respiratory therapy and Dental assistant. 
    • The Université Sainte-Anne will receive $1,958,295 to increase capacity in the following health programs: Rehabilitation assistant, Continuing care assistant and Bachelor’s degree in social work. 
    • The Collège de l’Île will receive $961,110 to increase capacity in the following health programs: Personal support work and Youth support work. 

    MIL OSI Canada News –

    July 23, 2025

  • MIL-OSI Security: Men charged in connection to Grindr targeted burglaries across London

    Source: United Kingdom London Metropolitan Police

    Met Police detectives investigating a series of burglaries across London where victims were allegedly targeted on the social dating app Grindr have charged four men.

    The group is alleged to have carried out 35 burglaries and 20 related frauds between October 2024 and March this year relating to 22 victims.

    Rahmat Khan Mohammadi, 22 (28.10.02), of Weald Lane in Harrow, was arrested on Thursday, 3 April and charged on Saturday, 5 April with one count of theft, 17 counts of burglary and 12 fraud offences.

    He appeared at Willesden Magistrates’ Court on Saturday, 5 April where he was remanded in custody to appear at Isleworth Crown Court on Friday, 25 July.

    Mohammed Bilal Hotak, 21 (01.01.04), of Richmond Road in Hackney, was arrested on Thursday, 24 April and charged the following day on Friday, 25 April.

    He appeared alongside Mohammadi at Isleworth Crown Court on Friday, 23 May charged with one count of theft, 14 burglaries and nine fraud offences.

    He was also remanded in custody to appear at Isleworth Crown Court on Friday, 25 July.

    Mozamel Rahman, 29 (01.03.97), of Sefton Avenue, Harrow, was arrested on Monday, 7 April and charged with three counts of burglary and two fraud offences on Thursday, 26 June.

    He appeared at Willesden Magistrates’ Court on Friday, 11 July where he was bailed to attend the same court on Friday, 8 August.

    Ibrahim Yaqobie, 28 (15.02.98), of Masons Avenue in Harrow, was arrested on Wednesday, 9 April and charged on Wednesday, 9 July with the same offences as Rahman.

    He has been bailed to appear at Willesden Magistrates Court on Friday, 8 August.

    A trial date for both Mohammadi and Hotak has been set for Monday, 13 October at Isleworth Crown Court.

    MIL Security OSI –

    July 23, 2025

  • MIL-OSI: Form 8.3 – Apax Global Alpha Limited

    Source: GlobeNewswire (MIL-OSI)

    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: Rathbones Group Plc
    (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.    		  
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 Apax Global Alpha Limited
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 21/07/2025
    (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”    		 No

    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: NPV Ordinary Shares
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 14,344,366 2.97%    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    		 14,344,366 2.97%    

    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
    NPV Ordinary Shares Purchase 1,000 139.6096p
    NPV Ordinary Shares Purchase 720 139.0222p
    NPV Ordinary Shares Sale 101,300 162.8p
    NPV Ordinary Shares Sale 11,700 162.8p

    (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
             

    (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
                   

    (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)
    NPV Ordinary Shares Transfer out 5,920  

    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: 22/07/2025
    Contact name: Chinwe Enyi – Compliance Department
    Telephone number: 0151 243 7053

    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.

    The MIL Network –

    July 23, 2025
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