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Category: CTF

  • MIL-OSI Banking: Hong Kong (China SAR) general insurance industry to reach $10.9 billion by 2029, forecasts GlobalData

    Source: GlobalData

    Hong Kong (China SAR) general insurance industry to reach $10.9 billion by 2029, forecasts GlobalData

    Posted in Insurance

    The general insurance industry in Hong Kong (China SAR) is projected to grow at a compound annual growth rate (CAGR) of 5.1% from HKD69.9 billion ($8.9 billion) in 2025 to HKD85.4 billion ($10.9 billion) by 2029, in terms of gross written premium (GWP), according to GlobalData, a leading data and analytics company.

    According to GlobalData’s Hong Kong (China SAR) Insurance Database, the general insurance market in Hong Kong (China SAR) is estimated to reach HKD69.9 billion ($8.9 billion) in 2025, reflecting an annual growth rate of 4.7%. This growth is attributed to the economic recovery, an aging population, increased demand for health insurance products, the occurrence of natural disasters due to climate change, and the increasing demand for liability insurance.

    Swarup Kumar Sahoo, Senior Insurance Analyst at GlobalData, comments: ” The growth of the general insurance industry in Hong Kong (China SAR) is supported by rising demand for personal accident and health insurance from local and non-local customers, including mainland Chinese residents, the unpredictability of climate events, and the increasing demand for cyber insurance.”

    Personal Accident and Health (PA&H) insurance is the largest line of business and is expected to account for 34.7% of the general insurance GWP in 2025. The rising demand for health and travel insurance products from non-local customers has driven the growth of PA&H. Such demand mainly comes from Mainland China, the Middle East, and Southeast Asia. Increased connectivity with the Greater Bay Area (GBA) and the issuance of policies in either Hong Kong dollars or US dollars have supported this growth.

    The Insurance Authority (IA) will issue educational materials in Arabic for Middle East clients by Q2 2025 to further support the growing non-local demand. Additionally, increased connectivity to the GBA has provided insurers with access to the affluent population in cities such as Shenzhen and Guangzhou. Easing of restrictions from the GBA on the sales and servicing of insurance products will boost premium growth during 2025-29.

    Property insurance is the second-largest line of business with an estimated 22.2% share of the general insurance GWP in 2025. Property insurance, which grew by 9.1% in 2024, is expected to register 7.5% growth in 2025.

    Sahoo adds: “The increasing incidents of natural disasters such as typhoons and floods have prompted insurers to reassess risk models and implement stricter underwriting policies. The Hong Kong Government’s investments in infrastructure projects are expected to further enhance the property insurance market as insurers adapt to climate risks and offer innovative solutions like parametric insurance.

    Liability insurance is the third-largest line of business, estimated to account for 22.1% of the general insurance GWP in 2025. This line of business is set to grow at a CAGR of 3.4% during 2025-29, driven by the demand for cyber insurance products spurred by rising digital threats. The digitalization efforts in the region will also play a crucial role in the growth of liability insurance in Hong Kong. Small and medium enterprises are increasingly investing in cyber insurance amid rising business risk and to adhere to data privacy laws.

    Other general insurance lines, such as motor, financial lines, and marine, aviation, and transit, are estimated to account for the remaining 21.6% share of the general insurance GWP in 2025.

    Sahoo concludes: “The growth of Hong Kong’s general insurance market will continue to depend on Mainland China. The country’s super-aging population will present both challenges and opportunities for the general insurance industry. Furthermore, the growing demand for property and cyber insurance will enhance market penetration in the coming years. However, the expected reciprocal tariff from the US will change the dynamics and is expected to emerge as a threat to insurers’ profitability.”

    MIL OSI Global Banks –

    May 15, 2025
  • MIL-OSI Banking: Tariff-related disruptions to outweigh other oil and gas themes, says GlobalData

    Source: GlobalData

    Tariff-related disruptions to outweigh other oil and gas themes, says GlobalData

    Posted in Oil & Gas

    US tariffs and energy security are expected to remain the focal points for oil and gas trade in 2025. Tariff-induced trade tensions might exert downward pressure on the US and global economy in the near term, potentially affecting the energy demand. It is therefore important for the industry to assess the impact of macroeconomic themes of tariffs, along with geopolitics, and supply chain while charting out its growth plans, says GlobalData, a leading data and analytics company.

    GlobalData’s thematic report, “Top 20 Oil & Gas Themes – 2025,” identifies the top 20 themes that will impact the oil and gas industry in 2025. Besides macro themes, the ones enabling the transition towards clean energy, such as renewables, low-carbon hydrogen, carbon capture and storage (CCS), and electric vehicles (EV) are expected to have a potential impact on oil and gas operations in 2025 and beyond.

    Ravindra Puranik, Oil and Gas Analyst at GlobalData, comments: “The US government initially imposed hefty import tariffs on most countries in line with their respective trade deficits, which were later normalized at 10% for a period of 90 days. As a result, the global economic forecast is clouded by the frequent changes in the US tariffs and the prospect of retaliatory rate increases from affected trading partners, especially China.”

    The industry has largely recovered from the geopolitical developments since 2022 that had vastly impacted global supply chains. While the global oil demand is anticipated to grow in 2025, fueled by consistent economic expansion in Asia, the stability of supply hinges on geopolitical risks and the production strategies of OPEC+ nations.

    Puranik adds: “A resolution to the conflict in Ukraine, along with incremental increases in OPEC+ output post-April 2025, could ensure adequate market supply, even in the face of stringent US sanctions on Iran and Venezuela.”

    Traditional oil and gas themes, namely LNG, shale, and integrated refineries will continue to enable companies to remain competitive in the energy market. The report also features disruptive tech themes, such as artificial intelligence (AI), blockchain, cloud computing, cybersecurity, the Internet of Things (IoT), and robotics.

    Puranik concludes: “GlobalData research shows that companies who invest in the right themes become success stories; those who miss the big themes ultimately fail. Given that so many themes are disruptive, it is very easy to be blindsided by industry outsiders invading the sector. In this scenario it is important to understand the biggest themes in the industry and the how they could help companies thrive in the rapidly changing energy dynamics.”

    MIL OSI Global Banks –

    May 15, 2025
  • MIL-OSI Banking: Top EMEA banks see revenue surge in 2024 despite rate cuts and turmoil, finds GlobalData

    Source: GlobalData

    The top 20 Europe, Middle East, and Africa (EMEA) banks saw a healthy 14% increase in combined revenue from $1.4 trillion in 2023 to $1.6 trillion in 2024, despite a challenging macroeconomic landscape defined by geopolitical friction, rate normalization, and tariff uncertainties, reveals GlobalData, a leading data and analytics company.

    Murthy Grandhi, Company Profiles Analyst at GlobalData, comments: “European central banks implemented multiple rate cuts throughout 2024, reversing the aggressive hiking cycle of previous years. This easing supported lending growth, improved credit demand, and stimulated consumer and business activity. However, declining interest margins also pressured net interest income, forcing banks to rely more heavily on fee income and trading operations.”

    Ranked by revenue, HSBC Holdings led the EMEA region with $157.8 billion, followed closely by BNP Paribas ($148.6 billion) and Banco Santander ($147.2 billion). These institutions capitalized on diversified international exposure and stable credit portfolios in a year marked by both opportunities and headwinds.

    Notably, revenue growth across the board was largely positive, with all 20 banks reporting year-over-year (YoY) gains. Russia’s Sberbank Rossii and VTB Bank recorded the highest revenue growth rates at 54.0% and 48.4%, respectively. These gains likely reflect ruble depreciation effects, domestic market dominance, and a pivot toward internal financial resilience amid ongoing Western sanctions.

    Southern European banks also delivered strong results. BBVA posted a 30.3% increase in revenue, driven by robust lending activity in Latin American markets and digital transformation initiatives. Spain’s Banco Santander reported a 6.8% revenue growth and a 13.6% rise in net income, showcasing stable margins and improving

    Among French institutions, Societe Generale stood out with a 68.5% surge in net income, despite moderate revenue growth of 10.6%. The recovery in profitability is attributed to a successful cost-reduction program and a rebalancing of risk-weighted assets. Credit Agricole and BNP Paribas also performed well, underpinned by strong corporate banking and wealth management divisions.

    In the UK, HSBC and Barclays continued to benefit from diversified global operations. HSBC saw a modest 1.9% increase in net income on a 6.7% revenue gain, reflecting stable interest income and expanding operations in Asia. Barclays’ 12.0% revenue growth and 23.3% net income jump reflect efficiency gains and rising fee-based income.

    Conversely, UBS Group AG posted the sharpest decline in net income, down 81.4% despite a strong 22.3% rise in revenue. This anomaly is likely linked to the integration of Credit Suisse, involving one-time restructuring costs and asset impairments.

    German and Dutch banks experienced moderate top-line growth but faced downward pressure on earnings. Deutsche Bank’s net income fell by 29.4% despite a 12.0% revenue increase, potentially due to elevated risk provisions and a cautious lending stance amid economic uncertainty.

    Grandhi concludes: “Looking ahead, EMEA banks face a challenging 2025. The escalating tariff war between major economies, combined with continued geopolitical tensions in Eastern Europe and the Middle East, is expected to create volatility in capital markets and cross-border trade.

    “Rising operational costs, currency fluctuations, and potential regulatory shifts may compress margins. However, banks with strong digital infrastructure, diversified geographical exposure, and robust capital buffers—such as HSBC, Santander, and BNP Paribas—are better positioned to absorb shocks.

    “While revenue momentum is likely to continue in the short term, profitability may come under strain. Institutions will need to prioritize operational efficiency, credit risk management, and strategic realignment to navigate an increasingly fragmented global financial landscape.”

    MIL OSI Global Banks –

    May 15, 2025
  • MIL-OSI United Kingdom: Healthy eating barriers for Essex under-5s revealed

    Source: Anglia Ruskin University

    A child’s meal tray

    The first-ever study to examine food and nutrition in preschools in Essex has uncovered significant challenges in providing healthy meals to under-5s.

    Led by Anglia Ruskin University (ARU) and commissioned by Essex County Council Public Health, the Nourishing Our Future (NOF) preschools report identified food costs and managing food preferences – including an increasing reluctance to try new foods – as the two biggest obstacles to healthy eating in the county.

    Essex has extremes of health and wealth within its population of 1.5 million and the 2023-24 National Child Measurement Programme found that 21% of reception-age children (4-5 years old) in Essex are living with obesity or are overweight, underlining the need for targeted local interventions.

    Of Essex’s 298 preschools, 67 took part in the Nourishing Our Future study, which set out to understand the current food environment and identify possible improvements.

    The study involved workshops, an online survey, menu and photo analysis and parent interviews, and is published on the same day that report authors Dr Kay Aaronricks and the NOF team at Anglia Ruskin University (ARU), along with Emily Fallon and Susie Threadgold of Essex County Council, are presenting findings to MPs at an event held by the Food Foundation at the House of Commons.

    When it comes to barriers to providing nutritious meals, 59% of preschools in Essex consider the cost of food to be the greatest challenge, with children’s food preferences and allergies the second biggest factor.

    The majority of preschools in the county (57%) only have basic food preparation facilities, such as a microwave, and over two thirds (69%) of children in Essex bring their own food to preschool in the form of parent-provided lunchboxes.

    The study identified that these lunchboxes often contained high levels of processed food and had greater nutritional variability than meals provided by the preschools. It also found many lunchboxes of two to four-year-olds included pouches of baby food.

    In contrast, meals provided by preschools more consistently adhered to nutritional guidelines, featuring higher protein content, more fruits and vegetables, and less processed food.

    One preschool said: “We face a significant challenge with promoting healthy eating to families.  Our children’s lunchboxes consist of a lot of processed, unhealthy foods that are high in sugar and additives.”

    Another said: “Children are sometimes not used to being encouraged to try anything new! This is evident in some lunch boxes, where the contents never vary.”

    One preschool adopts “family mealtimes” to encourage children to try different food. They said: “A lot of children have never eaten the type of food we serve such as soup or pulses and only consume fruit from pouches… It is an increasing challenge to encourage children to try new foods but our family mealtimes where they can watch other children and staff eating and drinking really helps.”

    An analysis of 414 photographs of meals (87% home-packed food and 13% provided by the preschool) studied nutritional content. While starchy carbohydrates were well-aligned with portion size guidelines and fruit and vegetables slightly exceeded the target, dairy provision was slightly below and protein was significantly below guidelines.

    When it comes to promoting healthier lunchboxes, 75% of communication with parents is carried out at drop off or pick up times Preschools also said they would appreciate support on how to better advise and engage parents in healthier food choices.

    The rising cost of food was the single greatest challenge to healthy eating identified by the study. As a recent report by the Food Foundation set out, healthier foods are more than twice as expensive per calorie than less healthy foods. For preschools that provide lunches, delivering high-quality, nutritious meals is becoming increasingly difficult.

    Preschools, along with childminders and day nurseries, are not permitted to charge a compulsory fee for food, meaning the cost is borne by the early years settings themselves or through a voluntary contribution from parents.

    Practitioners consistently highlighted the financial strain, with one preschool noting, “Fresh food is increasing in price all the time; food purchasing in general has risen significantly over the last two years.”

    Trying to provide food on a budget, while also catering to children’s individual food preferences and allergies, adds to the difficulty. One preschool said: “We really try to accommodate food allergies, but more and more children are showing [as] intolerant and [have an] allergy and it is really increasing our spending on food.”

    Policy recommendations set out in the Nourishing Our Future report include a nationally funded early years food scheme to support both preschool and parent-provided meals, ensuring affordability and respecting parental choice, establishing public health support for parents on healthy eating, including nutrition advice, and developing targeted programmes to help children build positive relationships around food preferences.

    “Our study involved preschools from across Essex, as well as parents, which is important as parents’ voices are often missing from healthy food policy development.

    “The report shows that although there is a great deal of excellent work being done by preschools across Essex, there is a need for action to improve the nutritional landscape for young children, including improving children’s relationship with food.

    “We would like to see appropriate national funding for preschools to allow them to provide healthy food for all children. However, simply replacing lunchboxes with setting-provided food for one meal a day won’t solve the wider issues for the child or their family, such as what will they eat at the weekend or during the holidays.

    “We must support all families in being able to access affordable, healthy food alongside appropriate nutritional advice, because healthy food should be available to all. Of course, there are much wider societal issues around the prevalence of convenience, ultra processed food and the targeted marketing of foods that are high in fat salt and sugar, and tackling this also needs to be a priority.”

    Dr Kay Aaronricks, Head of the School of Education at Anglia Ruskin University (ARU)

    The full report is available here: https://nourishingourfuture.co.uk/2025/05/14/preschool-briefing/

    MIL OSI United Kingdom –

    May 15, 2025
  • MIL-OSI United Kingdom: Extra funding to help take pride in the Capital

    Source: Scotland – City of Edinburgh

    Over the coming year, dedicated teams of cleansing staff from the Council are making their way around the Capital with the aim of sprucing up each neighbourhood and ward.

    The funding being used is almost a million pounds of additional resource allocated in the February 2024 budget to be used this year as well as the same amount each year going forward.   

    The ‘Pride in our City’ project began in March when teams concentrated their efforts around the Leith Walk area (Ward 12) clearing 36 tonnes of dog fouling, litter, dumped items, graffiti, weeds and chewing gum.  

    The Council is using a dedicated website and email address www.edinburgh.gov.uk/cleanstreets and cleanstreets@edinburgh.gov.uk to keep residents up-to-date on when they will be in their area and asking residents to help them prioritise where they think the work most needs to be carried out. Community events are listed on the webpage and how to get involved.  

    Work is now moving to the Leith area (Ward 13) for the next few weeks where the team has its first community event tonight (Wednesday 14 May). This will help the cleansing teams prioritise which streets should be cleaned. They will also carry out inspections of each neighbourhood they work in and use complaint data to help prioritise the streets that most need to be spruced up. 

    Social media is also being used to keep residents up-to-date with progress and signage is being placed in areas where the cleansing teams are working to make local residents and businesses aware. 

    As the teams work in each area around the city, they will also report any other issues they spot, such as pot holes looked after by other Council teams, but which need addressed.  

    Cllr Stephen Jenkinson Environment Convener said:

    I’m really pleased to see this project progressing with the additional funding we allocated last year as it is so important that we all take pride in our city. We’re playing our part as a Council and we’re asking residents in every neighbourhood and ward across Edinburgh to do the same. We are a stunning Capital city popular not only with our residents but also with visitors from across the globe so it’s very important that we all make an effort to do all we can to keep the city looking its best.  

    I’d encourage you to check out our dedicated webpage for updates on when we are coming to your neighbourhood/ward and let us know if there are particular issues in streets in your area such as dog fouling, fly tipping, weeds, graffiti or general littering. If you live, work or study in the Leith area and are aware of streets causing issues which need to be cleaned, I’d also encourage you to go along tonight and tell the team or email them using the dedicated email address. 

    Also for residents and visitors to Edinburgh please make sure you play your part helping us to keep our beautiful Capital city clean by binning your litter responsibly when out and about. For our residents please recycle where possible and book a special uplift appointment for bulker items if you are unable to book a slot at one of our Household and Waste Recycling Centres for appropriate disposal.

    Further information 

    Videos being shared on social media of street cleansing and graffiti removal. 

    Community event – Wednesday 14 May 2025, 3pm to 6pm

    Ward 13 Leith community workshop
    Thomas Morton Hall, Leith Theatre
    28-30 Ferry Road
    Edinburgh, EH6 4AE

    MIL OSI United Kingdom –

    May 15, 2025
  • MIL-OSI United Kingdom: Leader response: Government announces major civil servant move away from Whitehall

    Source: City of Manchester

    Council Leader Bev Craig reacts to the announcement that thousands more civil servants will be moved to UK regions – including a major Digital and AI innovation campus in Manchester. 

    Bev said:

    “The new Manchester Digital Campus will be transformational to our city. We have been working closely with this Government to bring forward this flagship digital campus to Ancoats that will bring 7,000 quality jobs to Manchester, building on the success of the growing Government digital and AI cluster already in the city and turbocharge our plans for economic growth in digital, AI and cyber sectors.

    “This is great news from the Cabinet Office delivering on their ambition to connect Whitehall with local communities outside of London. Locating Government jobs in Manchester is a boost for our residents, and also helps national government deliver better services, tapping into our growing and talented workforce and helping get stuck in with real life issues that can improve services, lead to better Government and improve lives.

    “Over the last decade Manchester has emerged as one of the fastest growing economies in Europe and one of fastest growing tech and digital ecosystems in the UK. The new digital and AI campus will accelerate that and attract more businesses to the UK to help grow the economy.  We are excited to work in partnership with National Government to deliver this transformational change.”

    MIL OSI United Kingdom –

    May 15, 2025
  • MIL-OSI United Kingdom: expert reaction to media reports that a ‘reset’ with the EU could require the precision breeding act to be dropped from UK legislation

    Source: United Kingdom – Science Media Centre

    May 14, 2025

    Scientists comment on reports of an EU ‘reset’ which could mean the precision breeding act is dropped from UK legislation. 

    Dr Penny Hundleby, Senior Scientist at the John Innes Centre, said:

    “As a scientist with over thirty years in genetic technologies, I’ve seen how innovation can transform agriculture. The UK now has a rare opportunity to lead globally in precision breeding — with the legislation passed and the science ready.

    “To delay this progress in order to align with slower EU processes would undermine our ability to deliver resilient, sustainable crops at a time when food security and climate resilience are more urgent than ever. We risk forfeiting a clear post-Brexit advantage grounded in science, safety, and evidence.”

    Prof Huw Jones, Chair in Translational Genomics for Plant Breeding, Aberystwyth University, said:

    “Closer ties with the EU are a good thing but let’s not lose the logical regulatory progress we have made this side of the Channel. Simple gene editing is a speedier and more reliable breeding method to develop the crops we need in a changing world. It’s illogical to regulate these crops as GMOs and it is the EU that has been slow to follow the broad consensus on this. If there are no foreign genes, and the changes could have been generated by conventional breeding, they need regulation – but not as GMOs.”

     

    Prof Neil Hall, Director of the Earlham Institute, said:

    “Given the pressures on global food security, driven by climate change, the growing population and new diseases, it’s important that we harness all of the technical innovations at our disposal to ensure the sustainability of our agricultural systems. 

    “Over the past three years, including these last few months, Parliament has demonstrated important and legitimate leadership by passing the primary and secondary legislation to enable precision breeding in plants. It’s time to enable science research to help farmers adapt to our changing world.”

     

    Prof Jonathan Jones FRS, Group Leader at The Sainsbury Laboratory, said:

    “The Precision Breeding Act (PBA) provides an opportunity to protect our crops from pests and disease with biology rather than chemistry, and also enables new routes to more nutritious food, and I applaud this government and its predecessor for taking the legislation through to final approval and implementation.  It is to my mind the sole Brexit dividend. 

    “However, it takes a long time between producing an improved plant in a lab and creating and obtaining approval for a variety that farmers can plant.  I think it’s highly likely that by the time any precision bred varieties in the UK are ready to plant (likely at least 5 years from now) the EU will have approved its own version of the PBA.

    “So, the government should stick to its guns on the PBA but quietly point out to the EU that, although there are no scientifically credible safety concerns with using these methods, the timelines in this industry are such that it will be a long time before any products are authorized in the UK and thus before any potential problems might arise.”

     

    Prof Sarah Gurr, Chair in Food Security at Exeter University, said:

    “It is sad to realise that whilst we  embraced the need for GM vaccines during the recent COVID epidemic and we seem reticent to embrace gene edited crops. The need for climate proofed and disease resilient gene edited crops is paramount in our quest for sustainable agriculture.”

     

     

     

    https://www.thetimes.com/article/08fe3606-e6ab-4a66-bb31-017165028f08

    https://www.dailymail.co.uk/news/article-14710677/Concessions-Starmer-Brexit-reset-EU-demands-UK-abandons-GM-crops.html

     

     

     

    Declared interests

    Jonathan Jones “is a senior investigator at The Sainsbury Laboratory in Norwich, and uses molecular and genetic approaches to study disease resistance in plants. Jones co-founded Norfolk Plant Sciences in 2007 with Prof Cathie Martin of JIC, with the goal of bringing flavonoid-enriched tomatoes to market (www.norfolkplantsciences.com). Jones is on the board of www.isaaa.org, the science advisory board of the 2Blades foundation (www.2blades.org) and the board of NIAB Cambridge University Farm. Jones has isolated and is deploying new resistance genes against potato late blight from wild relatives of potato, and conducting field trials to evaluate how well they work to protect the crop in the field and to generate improved varieties of potato (see http://www.tsl.ac.uk/news/blight-resistant-maris-piper/). See also http://www.tsl.ac.uk/groups/jones-group/.”

    Penny Hundleby “is part of the Crop Transformation Group at the John Innes Centre and using genetic technologies to better understand the role of plant genes. The group provides gene editing resources to the UK and international research community and have been working with gene editing technologies in crops since 2014.”

    Huw Jones: “I am speaking as a researcher at Aberystwyth University and not representing other organisations that I am affiliated with.  I am a member of the FSA ACNFP and Defra ACRE. My declarations of interest are listed on the websites of those Depts.”

    For all other experts, no reply to our request for DOIs was received.

    MIL OSI United Kingdom –

    May 15, 2025
  • MIL-OSI Russia: LISI (SPbGASU) graduate Evgeny Zhuk: “I started my career in my second year at a construction site”

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – Evgeny Zhuk

    A graduate of LISI (now SPbGASU) Evgeny Zhuk recalls what the institute was like 60 years ago, how he passed exams and studied. At the same time, he emphasizes that he is one of many ordinary graduates of our university. In fact, Evgeny Pavlovich is quite modest. He was awarded the medal “Veteran of Labor”, the badge “Honorary Builder of Russia”, the badge “Builder of St. Petersburg” 2nd degree, the silver and gold medals of the Holy Supreme Apostle Peter, the badge “Construction Glory”, the Order “For Merit in Construction”, the badge “Labor Valor”, the honorary title “Honored Builder of the Russian Federation”, the title “Honored Builder of St. Petersburg”, the badge of the Holy Martyr Veniamin, Metropolitan of Petrograd and Gdov, for services to the St. Petersburg Metropolitanate. During his many years of work, he built objects “for three Leningrads”.

    At 81, Evgeny Pavlovich works as the chief specialist of the construction control department of general education facilities of the Educational Facilities Construction Department of the St. Petersburg State Institution “Capital Construction and Reconstruction Fund”, subordinate to the St. Petersburg Construction Committee. We talk to him about how to succeed in the profession and remain in demand, despite the situation in the country and age.

    – Evgeny Pavlovich, how can one choose a profession for life in one’s youth?

    – I continued the family dynasty: my father and grandfather were builders, my mother also received an education in the construction industry, my uncle was an architect. Their example and advice became the determining factor in choosing a profession. I studied well at school, I had excellent math and physics teachers, so there were no problems with entering civil and industrial construction. At that time, applicants also had to successfully pass the swimming test, which is quite fair: a builder must be ready to navigate any situation, for example, during the construction of bridges over water obstacles.

    The state system helped me stay in the profession. My first two years of study went like this: students who entered the daytime department right after school studied according to the evening education program, that is, on Mondays we studied during the day, worked on the construction site the rest of the weekdays, and on Wednesdays and Fridays we also went to classes in the evenings. Therefore, already in the second year, we were awarded the qualification of a first-category transport worker, then a concrete worker and a carpenter of the second and third categories. I completed my industrial practice as a backup foreman. Graduates were immediately employed, as they say now, with a good social package – with the provision of a room first in a dormitory, then in an apartment, and then – separate housing, the area of which depended on the family status and the number of children. In addition, there was a mentoring system and career advancement. Therefore, the profession was popular with young people.

    – How did you start your career and what successes have you achieved?

    – I worked at the Design Institute for the first two years after graduating, and then moved to Glavleningradstroy, a powerful organization with 70,000 employees, and its boss was at the ministerial level. It was interesting to work there because the workers were highly qualified, they were trained in vocational schools and construction colleges. Many of the foremen then became heads of departments, that is, the personnel were trained on the spot. But higher education was required for career growth. I always say that I was lucky to work with good mentors and managers. I always share my professional successes with them. They taught me a lot, and these skills came in handy at all stages of professional growth, starting from a foreman, a site manager, a senior foreman, a site manager to a chief engineer and a department manager.

    What buildings have I participated in the construction of? 22-story buildings on Moskovsky Prospekt from the airport side, buildings at the entrance to Sestroretsk, buildings in Kupchino and Kolpino. Modern buildings include the Buff Theater, the Church of the Holy Apostle Peter in Stroiteley Park, the Triumph of the Russian Fleet monument near the cathedral in Kronstadt, the Boris Eifman Children’s Dance Theater, the first block of the oncology hospital in Pesochny, the swimming pool on Khlopina Street, and the building of the Botkin Clinical Hospital on Piskarevsky. Over the past few years, I have participated in the construction of a dozen schools in different areas of the city, for example, the 777th school for almost 2,000 students in the Primorsky District, the 147th in the Krasnogvardeisky District, the 219th school for 1,375 students in the Krasnoselsky District, and the Church of All Saints Who Shone in the Land of St. Petersburg at the Levashovskoye Memorial Cemetery in St. Petersburg.

    – Before your eyes, the construction industry and the country have experienced dramatic changes: the Soviet system was replaced by difficult years after the collapse of the USSR, and the new history brings its own events. How did you manage to stay in the industry?

    – In Soviet times, the personnel training system worked effectively. All trusts had dormitories for employees. All social issues were resolved in an elementary way: places in kindergartens, vouchers for health resorts, benefits. And suddenly the system that had been established over decades collapsed. Hard times came. In the nineties of the last century, I worked as the chief engineer of the construction department. There were orders, but there was also a time when, in order to feed the workers, we negotiated with collective farms about the supply of sugar and food. But the thought of leaving the profession never occurred to me. This is the work of my whole life, an activity that I know well and love. Times are changing, but construction will always be a popular, developing industry. Previously, concrete was transported in dump trucks, now – in mixers, modern technology, high-tech machines and materials have appeared. We rarely used the technology of monolithic housing construction, but now a lot is built in monolith. Knowledge of your profession, development in it helps to adapt to any situation.

    – How can today’s graduates become successful specialists in the industry?

    – I am sure that after receiving a diploma, you need to work on a construction site to gain experience, master specialties and learn to personally understand all construction processes. Dreaming of immediately becoming a boss is a mistake. It is much more correct to rise to a management position from the lowest rung of the career ladder. Then you will become a highly qualified manager, thoroughly understanding all work processes and able to effectively communicate with employees at all levels.

    In addition, I was always wary when a job applicant assured that he could do everything. But if a person honestly admitted that he was a carpenter but did not know carpentry, it inspired respect. I understood that this person understood the meaning of his profession, because a carpenter is one profession, a joiner is a completely different one. Today, new in-demand professions are emerging, but the essence of success for specialists does not change: it is important to find a specific area of activity and develop in it, and not try to learn everything, but little by little. It is good that there are smart young guys who move from construction to office work: there is more trust in such managers, because they know the real state of affairs in the industry. And, of course, the main guarantee of success is to love your business, like your girlfriend or wife.

    – You have maintained contact with our university for a long time and even provided sponsorship.

    – In 2022, I donated about a hundred copies of educational literature on construction production, collected over the years of work in the industry, to the library of our university. At that time, the position of rector was occupied by Yuri Pavlovich Panibratov. He sent a letter of thanks to the construction corporation where I worked as chief engineer, emphasizing my participation in the events held at LISI. In response, I was thanked and awarded a certificate of the corporation. It is nice, but I donated the educational kits from the bottom of my heart, I wanted to help my native institute.

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

    MIL OSI Russia News –

    May 15, 2025
  • MIL-OSI United Nations: Secretary-General’s press encounter following the Ministerial Meeting on the Future of Peacekeeping

    Source: United Nations secretary general

    Minister Wadepuhl, Minister Pistorius,

    Ladies and gentlemen,

    I thank the Government of Germany for hosting impeccably this important meeting in Berlin.

    Germany is a pillar of the multilateral system…

    A strong and generous supporter of the United Nations…

    And an essential partner in our peacekeeping, peacebuilding and humanitarian assistance efforts — with almost 200 German peacekeepers now serving in our ranks.

    I am especially pleased to be here so soon after the new Government took office, and I look forward to building on our partnership in the time ahead.

    The commitment of the German government — and the German people themselves — is strongly reflected in this Ministerial meeting on the future of peacekeeping.

    As I said in my remarks, this year marks the 80th anniversary of the United Nations.

    And nothing symbolizes our organization’s commitment to peace more clearly than our Blue Helmets.

    UN Peacekeeping operations are a cornerstone of the United Nations.

    Each and every day, peacekeepers are hard at work in trouble spots around the world.

    Protecting civilians caught in the line of fire.

    Maintaining ceasefires.

    Keeping lifesaving humanitarian aid flowing.

    And building the foundations of peace in countries shattered by conflict.

    Many have paid the ultimate price over the years — 4,400 in all.

    Their memories, and their service in the cause of peace, will never be forgotten.

    Which is why the commitments being made here today and tomorrow are so important.

    I am heartened by the exceptional turn-out of Ministers from across the globe, representing the full range of peacekeeping partners.  

    Now more than ever we need the political support of UN Member States.

    The goal is not just to keep a lid on conflicts — but to build political support for lasting solutions that can build peace.

    Over these two days, we welcome Member States’ statements of support for peacekeeping — as well as their pledges of military and police capabilities, new partnerships and technological support.

    This meeting is also about something more fundamental:

    The future of peacekeeping itself.

    Let me be clear.

    Peacekeeping operations today are facing massive challenges, increasing the dangers that our brave peacekeepers already face.

    A record number of conflicts.

    Deepening division and mistrust.

    Terrorism and transnational crime.

    And the direct targeting of peacekeepers through drones, improvised explosive devices and even social media.

    We need to ask some tough questions about the mandates guiding these operations, and what the outcomes and solutions should look like.

    Every context is different.

    From our operations in Lebanon, the Central African Republic and South Sudan…

    To our partnerships with the African Union, made stronger with the Security Council’s resolution to support peace enforcement missions under the AU’s responsibility, supported by the UN, including through assessed contributions…
     
    We are working to adapt, to tailor and to support our missions to the needs and requirements of each context.

    Unfortunately, peacekeeping operations have been facing serious liquidity problems.
     
    It is absolutely essential that all Member States respect their financial obligations, paying their contributions in full and on time. 
     
    At the same time, we’re moving forward on an ambitious Review of Peace Operations — including peacekeeping — but also the peace enforcing missions that are becoming more and more neccessary has called for by Member States in September’s Pact for the Future.

    We’re examining how to make peace operations more efficient, cost-effective, flexible and resilient — including in contexts where there is no peace to keep.

    Today’s Ministerial is an important part of this work as we share ideas, and explore ways to strengthen this important function for the future.

    Peacekeepers — and the populations they protect — deserve nothing less.

    In their names, I want to express my thanks and appreciation to Germany and all the countries in attendance, for helping us ensure that peacekeeping is fully equipped for today’s realities and tomorrow’s challenges.

    MIL OSI United Nations News –

    May 15, 2025
  • Indian stock markets close higher; defence sector maintains momentum

    Source: Government of India

    Source: Government of India (4)

    Indian equity markets ended Wednesday’s session on a positive note, driven by gains in metal, real estate, and technology stocks.

    Among the standout performers was the domestic defence sector, which continued its upward trajectory for the third consecutive session. The sector attracted steady buying interest, reflecting sustained investor confidence.

    Despite intra-day volatility, overall market sentiment remained optimistic, helping benchmark indices close in the green.

    At the close, the BSE Sensex rose 182 points, or 0.22 per cent, to settle at 81,330.56, while the NSE Nifty gained 88 points, or 0.36 per cent, to end at 24,666.

    According to analysts, key option data for the Nifty indicates major resistance at 25,000 and 25,500 call levels, with strong support around the 24,000 and 24,500 put levels. The put-call ratio (PCR) stood at 0.72, signaling a mildly bearish bias, noted Sundar Kewat of Ashika Institutional Equity.

    On the 30-share Sensex, Tata Steel emerged as the top gainer, climbing 3.88 per cent. It was followed by Eternal (2.18 per cent), Tech Mahindra (2.02 per cent), and Maruti Suzuki India (1.66 per cent).

    In contrast, Asian Paints was the biggest laggard, slipping 1.78 per cent to close at ₹2,283.65. Other notable losers included Tata Motors (down 1.26 per cent) and Kotak Mahindra Bank (down 1.11 per cent).

    Broader markets outperformed the frontline indices. The Nifty Midcap 100 rose 1.13 per cent, while the Nifty Smallcap 100 advanced 1.36 per cent, highlighting strong interest in mid- and small-cap stocks.

    Investor confidence was further buoyed by the latest retail inflation data, which showed price growth in April easing to its slowest pace in over six years. The decline, mainly due to lower food prices, has strengthened expectations of a potential rate cut by the Reserve Bank of India.

    Global cues also contributed to the upbeat mood, as softer-than-expected U.S. inflation data eased concerns over monetary tightening and raised hopes that the Federal Reserve may adopt a more accommodative stance.

    “The retreat in crude oil prices and the softening of the U.S. dollar served as additional tailwinds, lending support to the rupee during intra-day trading,” said Dilip Parmar of HDFC Securities.

    With both domestic and global factors currently favoring the market, analysts expect investor sentiment to remain constructive in the near term.

    —IANS

    May 15, 2025
  • MIL-OSI China: China outlines measures to boost yields of grain and oil crops

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

    China aims to promote the increase in large-scale yields of grain and oil crops per unit, with specific measures outlined at an agriculture working conference held by the Ministry of Agriculture and Rural Affairs in Suihua, Heilongjiang province, said an online statement on Tuesday.

    The conference stressed the importance of implementing measures to achieve yield improvements, with a focus on the integration of good fields, quality seeds, efficient machinery and effective methods.

    Local authorities are urged to deepen the restoration and management of farmland ditches and channels, and to promote the adoption of efficient water-saving irrigation systems.

    It is also encouraged to adopt high-yielding, stable and stress-resistant crop varieties to expand seed coverage, as well as use high-performance planting machinery and efficient, low-loss harvesting equipment to enhance equipment compatibility. In addition, key technologies such as precise control of corn planting density, large-ridge and densely planting of soybeans, and side-deep fertilization of rice should be promoted, according to the statement.

    The conference underscored the significance of scientific support from experts and agricultural technicians, as well as the application of research outcomes to boost yields. It also warned about the potential challenges posed by the recent spring and summer planting seasons and flood season in ensuring production output.

    MIL OSI China News –

    May 15, 2025
  • MIL-OSI China: China to strengthen financial support for sci-tech innovation

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

    BEIJING, May 14 — China will increase its financial support for sci-tech innovation to improve the country’s self-reliance and strength in science and technology, according to a set of guidelines issued by seven authorities on Wednesday.

    The document — issued by the Ministry of Science and Technology, the People’s Bank of China, the National Development and Reform Commission, and other authorities — proposes 15 concrete measures to promote financial services for sci-tech innovation, including those to boost venture investment, credit supply and insurance support.

    Among efforts to serve the country’s key strategies in the field of science and technology, China will scale up financial support for enterprises that undertake major national sci-tech tasks, and for sci-tech-oriented small and medium-sized enterprises, according to the guidelines.

    China will leverage the role of its national venture capital guidance fund, encourage the development of secondary-market private equity funds, and optimize structural monetary policy tools such as re-lending loans for sci-tech innovation, per the document.

    The country will take advantage of the capital market in serving sci-tech innovation, and prioritize the public offerings of enterprises that achieve breakthroughs in critical core technologies.

    In terms of enhancing fiscal policies, the guidelines call for the full use of fiscal tools such as loan interest subsidies and risk compensation to support enterprises in sci-tech innovation, and for the effective implementation of related tax policies for angel investment and venture capital.

    MIL OSI China News –

    May 15, 2025
  • MIL-OSI United Kingdom: New Second Permanent Secretary to the Treasury appointed

    Source: United Kingdom – Executive Government & Departments

    News story

    New Second Permanent Secretary to the Treasury appointed

    Jim O’Neil has been appointed as a new Second Permanent Secretary to the Treasury.

    Jim brings a wealth of experience from investment banking and corporate finance to the Treasury, after a long career at Bank of America. He also has experience in the public sector, spending three years at UK Financial Investments. As Chief Executive of UKFI, he managed the government’s holdings in Royal Bank of Scotland, Lloyds Banking Group, and UK Asset Resolution. 

    His appointment is part of the government’s plan to deliver its number one mission to kickstart economic growth as part of the Plan for Change, and follows the Chancellor’s commitment to lead the most pro-growth Treasury in the country’s history.

    Jim’s experience will help the government to secure private investment, boost the economy, and ultimately put more pounds in people’s pockets. His deep knowledge of the private sector will help the government to rip out the barriers to growth, provide support for the key industries at home, and work to secure open and fair trade abroad.

    Chancellor of the Exchequer Rachel Reeves said:

    I’m very pleased to welcome Jim as our new Second Permanent Secretary, his extensive knowledge of the private sector will be vital in helping us deliver our number one mission to grow the economy. It’s fantastic to have him join the Treasury’s top team.

    Jim O’Neil said:

    I am delighted to have been appointed Second Permanent Secretary to the Treasury at this important time for our country and our economy. We are living through a time of great change globally, making the need for an economy of stability, resilience, and growth all the more important. I look forward to working with the Chancellor, her ministers, and officials across the department to deliver on these missions so the Treasury can bring positive change to the lives of people right across the country.

    Jim is expected to start in his new position in July and will work alongside the two other Second Permanent Secretaries in HM Treasury, Beth Russell who is based at the Darlington Economic Campus and Sam Beckett who is also Chief Economic Adviser. As well as overseeing tax and spending, Beth will continue to be responsible for devolution and regional growth including engagement with regional and local government and others in the north. 

    Jim was appointed through a fair and open competition and has completed all of the necessary declarations of interest.

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    Published 14 May 2025

    MIL OSI United Kingdom –

    May 15, 2025
  • MIL-OSI Russia: More than a thousand underground and overground pedestrian crossings were washed in Moscow

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Specialists from the city services complex have washed more than one thousand underground and overground pedestrian crossings after the winter. This was reported by the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “As part of the month of improvement, we carried out measures to wash 1,075 underground and glazed overground pedestrian crossings. Each structure was thoroughly cleaned using a specific technology, and special equipment was used when necessary,” noted Petr Biryukov.

    During the works, the crossings were not closed, and fences were put up on the spot to leave a passage for pedestrians. The underground crossings were cleaned manually, then the walls, granite parapets and stairwells were washed with high-pressure devices and brushes. Where necessary, individual elements of the structures were painted and repaired. Overhead crossings were washed using aerial platforms. A cleaning agent was applied to the glass structures from the outside, which was then washed off with water using professional high-pressure devices.

    The head of the city services complex recalled that in total, within the framework of the month of improvement in the capital, about two thousand objects were washed: bridges, tunnels, underground and overground pedestrian crossings, embankments, fountains and monuments.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/153837073/

    MIL OSI Russia News –

    May 15, 2025
  • MIL-OSI USA: NEW: Republicans Block Rep. Gomez Amendment to Protect ACA Health Coverage for Moms and Kids

    Source: United States House of Representatives – Congressman Jimmy Gomez (CA-34)

     

    Watch Rep. Jimmy Gomez’s remarks HERE.

    WASHINGTON, DC — During a House Ways and Means Committee hearing today, Representative Jimmy Gomez (CA-34) introduced an amendment to extend premium tax credits for women and children — particularly for families about to lose Medicaid coverage under the Republican tax plan. The Congressional Budget Office estimates 4.2 million more people will be uninsured if Republicans allow these credits to expire. Despite the growing health care crisis and skyrocketing costs, Republicans blocked the amendment.

    Gomez warned that the Republican tax plan would leave millions of working- and middle-class families without affordable health care: “Let’s remember, this bill does nothing to extend the tax credits that help working families afford health insurance. That means millions of Americans are going to see their premiums skyrocket. In the Chairman’s district, a family of four earning $64,000 a year is going to see their premiums double. That family would have to pay $2,571 more a year. I don’t know where they’re going to find that money—do you, Mr. Chairman?”

    He ended with a direct challenge to his Republican colleagues: “What’s it going to be—babies or billionaires? I hope you have a good answer ready when you go home to face your constituents. How about instead of giving massive tax cuts to the rich, join me in passing this amendment to prevent moms and kids from seeing their health care premiums go through the roof.”

    The amendment was rejected on a party-line vote.

    ###

    MIL OSI USA News –

    May 15, 2025
  • MIL-OSI USA: VIDEO: House Republicans Block Rep. Gomez’s Amendment to Help First-Time Homebuyers and Build More Starter Homes

    Source: United States House of Representatives – Congressman Jimmy Gomez (CA-34)

    Watch Rep. Jimmy Gomez’s speech HERE.

    WASHINGTON, DC – During today’s House Ways and Means Committee markup, Representative Jimmy Gomez (CA-34) — Chair of the first-ever Congressional Renters Caucus — introduced an amendment that would have delivered direct down payment assistance to first-time homebuyers and incentivized the construction of affordable starter homes. Despite the growing housing affordability crisis, House Republicans blocked the amendment from even receiving a vote.

    “This markup should be focused on the needs of the working and middle class–not giving tax breaks to billionaires and fortune 500s paid for by slashing essential programs for workers and families like Medicaid and SNAP,” said Rep. Gomez. “If we can find the money to give tax breaks for massive corporations and billionaires, we should find the money to help average Americans own their home.”

    Rep. Gomez sharply criticized the Republican provision to create a so-called “MAGA” savings account for kids: “Republicans have done almost nothing in this massive tax giveaway to actually help Americans buy a home. Creating $1,000 tax-free investment accounts for kids is too little, far too late—especially for Millennials and Gen Z Americans trying to buy a house for their families right now. That’s why I proposed an amendment that would use our tax code to boost homeownership.”

    Gomez’s amendment, named the Affordable Homeownership for All (AHOA) Act, would have:

    • Provided first-time homebuyers with a tax credit of up to $65,000 to cover down payments or closing costs—paid directly at the time they buy their home.
    • Created a new tax credit for developers to build reasonably sized, affordable starter homes—15% of qualified construction costs, rising to 30% if sold to a first-time homebuyer.

    A recent national survey found that 67% of Americans now believe homeownership is an unrealistic goal for younger generations. In LA, the median home price has now surpassed $1 million, putting homeownership even further out of reach for families in Gomez’s district and across the country.

    ###

    MIL OSI USA News –

    May 15, 2025
  • MIL-OSI: Antalpha Announces Pricing of Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 14, 2025 (GLOBE NEWSWIRE) — Antalpha Platform Holding Company (“Antalpha” or the “Company”) today announced the pricing of its initial public offering of 3,850,000 ordinary shares at a price to the public of $12.80 per ordinary share. The ordinary shares have been approved for listing and are expected to begin trading on the Nasdaq Global Market on May 14, 2025, under the ticker symbol “ANTA.” The offering is expected to close on May 15, 2025, subject to customary closing conditions.

    Antalpha has granted the underwriters a 30-day option to purchase an additional 577,500 ordinary shares to cover over-allotments in connection with the offering.

    Antalpha expects to receive gross proceeds from the offering of approximately US$49.3 million, or approximately US$56.7 million if the underwriters over-allotment option is exercised in full, before deducting underwriting discounts and offering expenses. Antalpha intends to use the net proceeds from the offering for general corporate purposes, which may include investment in product development, sales and marketing activities, technology infrastructure, capital expenditure, global expansion, and other general and administrative matters; loan operation and customer funding advance needs, to accelerate its fund flow and improve customer experience; investment in technologies, solutions or businesses that complement its business (although it has no present commitments or agreements to enter into any acquisition or investment); and investment in Bitcoin and gold (in digital form) as part of its treasury management.

    Roth Capital Partners and Compass Point are joint book-running managers for the offering.

    The offering is being made only by means of a prospectus forming a part of the effective registration statement. Copies of the final prospectus relating to this offering, when available, may be obtained by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the final prospectus, when available, may be obtained from: Roth Capital Partners, LLC, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660 Attn: Prospectus Department, by phone: (800) 678-9147, or by email at rothecm@roth.com; or Compass Point Research & Trading, LLC, Attention: Syndicate, 1055 Thomas Jefferson Street, N.W. Suite 303, Washington, D.C. 20007, or by email to: syndicate@compasspointllc.com.

    A registration statement on Form F-1 relating to the offering of these securities has been filed with, and declared effective by, the SEC. This press release is being made pursuant to, and in accordance with, Rule 134 under the Securities Act of 1933, as amended, and shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About Antalpha

    Antalpha is a leading crypto fintech company with a dedicated focus on providing liquidity and risk management solutions to institutional Bitcoin miners. As the primary lending partner of Bitmain, Antalpha offers supply chain and margin loans through the Antalpha Prime technology platform, which allows customers to originate and manage their digital asset loans, as well as monitor collateral positions with near real-time data.

    Contact
    Investor Relations: ir@antalpha.com

    Safe Harbor Statement

    This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about Antalpha’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Antalpha’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Antalpha does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    The MIL Network –

    May 15, 2025
  • MIL-OSI: Landsbankinn hf.: Correction – Covered bond exchange offering results – Published: 2025-05-14 14:04:01 CEST

    Source: GlobeNewswire (MIL-OSI)

    Correction: Price, amount and settlement date corrected.

    In relation to Landsbankinn’s covered bond auction yesterday, was a covered bond exchange offering where holders of the series LBANK CB 25 could sell the covered bonds in the series against covered bonds bought in the auction at a predefined clean price of 98.520.

    The covered bond exchange offering results in Landsbankinn buying ISK 2,340m in the series LBANK CB 25.

    Settlement will take place on 20 May 2025.

    The MIL Network –

    May 15, 2025
  • MIL-OSI: American Rebel Beer Announces Sponsorship of Losers Bar & Grill Midtown Legendary Parking Lot Concert Series

    Source: GlobeNewswire (MIL-OSI)

    Surprise Guests Morgan Wallen, Gabby Barrett and Jamey Johnson Join Ernest, Chandler Walters, Cody Lohden, and Rhys Rutherford for First 2025 Concert

    Nashville, TN, May 14, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Light Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), announces that American Rebel Light Beer will sponsor the 2025 Losers Bar & Grill (“Losers”) Parking Lot Concert Series and the amazing first concert held Tuesday, May 12, featured surprise guest and country music superstar Morgan Wallen, (morganwallen.com), Gabby Barrett (gabbybarrett.com), and Jamey Johnson (jameyjohnson.com) along with Ernest (ernestofficial.com), Chandler Walters (Instagram.com/chandlerwaltersmusic), Cody Lohden (Instagram.com/codylohden/) and Rhys Rutherford (Instagram.com/rhys_rutherford_/).

    As Losers likes to say, “you never know who might show up to a parking lot party,” and this statement was proven true when Morgan Wallen surprised the huge crowd and appeared on stage with Ernest to sing their hit duet “Flower Shops.” Ten-time Grammy nominated singer-songwriter Jamey Johnson and top female artist and actress Gabby Barrett also joined Ernest on stage.

    “I’ve been coming to Losers for 16 years,” said American Rebel CEO Andy Ross. “I’ve watched Steve Ford grow Losers Midtown into the iconic place where artists, industry and locals like to hang their hat. The Parking Lot Concert Series grew out of those roots and fans get treated to amazing music and surprise guests during these incredible intimate concerts. American Rebel Light Beer is honored to be involved with Steve Ford and the entire Losers team to sponsor the 2025 Parking Lot Concert Series as well as the Raised Rowdy Round and Riley Green’s Duck Blind podcasts. In addition to Losers Midtown, Losers also has a downtown Nashville location, a bar in the MGM Grand in Las Vegas and a bar in Belize. It’s incredible what Steve is doing.”

    Losers Parking Lot Concerts are announced on the Losers Instagram page (Instagram.com/losersoriginal/).

    The American Rebel Light Beer sponsorship of the Losers Bar & Grill Parking Lot Concert Series features American Rebel Light Beer signage throughout the concert area and bar and servers proudly wearing official American Rebel merchandise. American Rebel Light is also sponsoring the Raised Rowdy (Instagram.com/raisedrowdy/) songwriter rounds at Riley Green’s Duck Blind, as well as Riley Green’s Duck Blind (Instagram.com/duckblindnash/) podcasts. American Rebel Light Beer is very proud to highlight its Nashville foundation through its sponsorship of the iconic Losers Midtown Parking Lot Concert Series, the Raised Rowdy Rounds and the Riley Green Duck Blind podcast.

    About American Rebel Light:

    American Rebel Light is more than just a beer—it’s a celebration of freedom, passion, and quality. Brewed with care and precision, our light beer delivers a refreshing taste that’s perfect for every occasion. 

    Since its launch in September 2024, American Rebel Light Beer has rolled out in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Florida and Indiana and is adding new distributors and territories regularly. For more information about the launch events and the availability of American Rebel Beer, please visit americanrebelbeer.com or Instagram.com/americanrebelbeer/.

    Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a domestic premium light lager celebrated for its exceptional quality and patriotic values. It stands out as America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer.

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.

    About Losers Midtown

    Dive bars are an American tradition. For better or worse, every town has at least one and Nashville’s is Losers Midtown powered by Riley Green’s Duck Blind. Spend the evening with the who’s who of Nashville’s music industry at an intimate, no-frills venue for live music, serving classic bar eats and a variety of beers on tap. You must be 21 years of age or older to enter. You never know who you might run into… This Life Ain’t For Everybody! For more information on Losers Midtown go to losersmidtown.com.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit americanrebel.com and americanrebelbeer.com. For investor information, visit americanrebelbeer.com/investor-relations.

    American Rebel Holdings, Inc.
    info@americanrebel.com

    American Rebel Beverages, LLC
    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of a launch party, actual launch timing and availability of American Rebel Beer, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Company Contact:
    tporter@americanrebelbeer.com
    info@americanrebel.com

    Media Contact:
    Matt Sheldon
    Matt@PrecisionPR.co

    For more details on American Rebel Light Beer and upcoming events, visit AmericanRebelBeer.com or follow @AmericanRebelBeer on social media.

    Attachment

    • American Rebel Holdings, Inc.

    The MIL Network –

    May 15, 2025
  • MIL-OSI USA: Senator Reverend Warnock Releases New Report Finding Job Loss, Economic Slowdown if Congressional GOP Restricts Medicaid Access

    US Senate News:

    Source: United States Senator Reverend Raphael Warnock – Georgia

    Senator Reverend Warnock Releases New Report Finding Job Loss, Economic Slowdown if Congressional GOP Restricts Medicaid Access

    Senator Reverend Warnock’s new report, “Healthy People, Healthy Economy” finds that placing bureaucratic red tape between working people and their health care will lead to hospital closures, job loss, and economic slowdown
    The report finds that investing in Medicaid, as opposed to adding bureaucratic and ineffective work reporting requirements, leads to economic growth that creates jobs and gets Americans to work
    The Senator’s report found 458 counties across the U.S. where working Medicaid recipients are extremely vulnerable to losing access under these reporting requirements because of lack of internet access, other factors
    New legislation marked up yesterday in the U.S. House of Representatives would require onerous reporting requirements that do not get people working, and instead kicks working people off their health care
    The House legislation would kick over 7 million Americans off Medicaid and 13.7 million Americans off their health care in total
    Washington, D.C. – Today, U.S. Senator Reverend Raphael Warnock (D-GA) released a new report titled “Healthy People, Healthy Economy.” The Senator’s report is the first publication that analyzes by county which Americans are at risk of losing their health care if Washington Republicans restrict Medicaid access through bureaucratic and ineffective work reporting requirements. The report also analyzes how much it would cost each state in job loss, GDP, and devastating administrative costs.
    The report finds that the best way to get the most Americans working is to invest in Medicaid, making health care accessible to eligible Americans. On the other hand, work reporting requirements do nothing to bring people into the workforce and kick working people off their health care, making those working Americans more likely to stop working if they cannot access preventative care or manage chronic illness.
    “My parents raised me to have a fierce work ethic, I support getting people to work,” said Senator Reverend Warnock.“The data shows that the best way to create jobs and grow the economy is to remove bureaucratic red tape that keeps working people from accessing health care. Instead, Washington politicians are ignoring clear data and forcing reporting requirements on working Americans as a cynical ploy to kick working people off their health care. All of this so they can fund a tax cut for the ultra-wealthy.”
    Nowhere have work reporting requirements failed more than in the state of Georgia, where the state has spent a shocking $91 million in taxpayer dollars to create a slow, glitchy, bureaucratic system to track work reporting requirements. The state of Georgia spent $13,000 per enrollee on administrative costs, roughly five times more than the cost of actual health services, during the program’s first year. If other states follow Georgia’s failed model, millions of Americans will lose their health care access, government bureaucracy will grow, hospitals will close, jobs will be lost, and the economy will slow.  
    A full copy of the report can be found HERE.

    MIL OSI USA News –

    May 15, 2025
  • MIL-OSI: Ethical Web AI submits AI Vault on AWS Marketplace for Enterprises to Purchase and Install

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) —  Bubblr Inc., d/b/a Ethical Web AI. (OTCQB: BBLR) – A frontrunner in enterprise-specific generative AI has submitted AI Vault to become publicly available on AWS Marketplace. AI Vault is Ethical Web AI’s unique enterprise-specific generative AI product. This event is hugely significant as it will allow clients to install and implement AI Vault directly from AWS Marketplace.

    Being featured on the AWS Marketplace is a significant milestone for Ethical Web AI and underscores the value of our enterprise generative AI product, AI Vault. As an AWS Software Partner, we are able to leverage AWS’s extensive global infrastructure, trusted reputation, and reach to deliver AI Vault to a wider audience of businesses who prioritise transparency, control, and data protection in their generative AI solutions. This strategic route to market not only positions AI Vault as a cutting-edge solution for companies wary of generative AI risks but also enhances our ability to support businesses in various industries, particularly those navigating complex regulatory landscapes like the General Data Protection Regulation. Through the AWS Marketplace, we’re making it easier than ever for companies to adopt a secure, innovative AI product that meets their most critical needs.

    AI Vault is a revolutionary generative AI product specifically designed to meet the needs of enterprise clients who are hesitant to adopt traditional generative AI solutions due to concerns over security and data privacy. This includes 27% of all companies, primarily large organisations such as banks and other businesses, where data security is paramount. AI Vault provides these enterprises with their own secure, private generative AI platform, giving them complete control over access and full transparency of all AI usage within their organisation. Supported by three USPTO patents, including a groundbreaking patent that ensures sensitive client data is never shared with Ethical Web AI or any third-party generative AI partners, AI Vault is the ideal solution for companies looking to harness the power of generative AI without compromising on security, privacy, or control.

    You can find out precisely what AI Vault is by watching the following explainer video by clicking on the link: https://ethicalweb.ai/ai-vault-explainer-video/

    Tom Symonds, CEO of Ethical Web AI, remarked: “Achieving approval to sell AI Vault through the AWS Marketplace has been a technically demanding process that reflects the high standards and rigorous requirements that AWS places on its partners. From ensuring seamless integration with AWS’s infrastructure to meeting stringent security protocols and compliance standards, the process required a deep commitment to excellence from our development team. Their tireless work in addressing these complex technical challenges has been instrumental in ensuring AI Vault not only meets but exceeds AWS’s expectations. We would like to extend our sincere gratitude to our development team and the AWS support staff for their dedication, expertise, and perseverance in making this milestone a reality. Their efforts have been crucial in enabling us to offer AI Vault through one of the most trusted platforms in the world.

    “In our last press release on April 29th, 2025, we proudly announced our achievement of becoming an AWS Software Partner, a milestone that has allowed us to bring AI Vault to the AWS Marketplace. This partnership not only provides us with unparalleled technical advantages but also significantly amplifies our marketing reach. As an approved AWS Software Partner, Ethical Web AI now benefits from increased visibility within AWS’s global ecosystem, giving us direct exposure to thousands of potential customers across industries. This visibility is critical, as one of our biggest challenges has been the world’s lack of awareness of how groundbreaking our products are. Through this partnership, we’re confident that AI Vault will reach the attention it deserves, helping us position ourselves as leaders in generative AI while establishing trust and credibility in the marketplace. The extensive marketing support from AWS further enhances our ability to effectively communicate the true value of our solutions to the global business community.”

    About Ethical Web AI

    Ethical Web AI is an ethical technology company that is championing an anonymous, safe, and fair new internet. We produce unique intellectual property and technology that is defensible by our valuable utility software patents.

    Media and investor contact: tom.symonds@ethicalweb.ai

    Safe Harbor Statement
    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management. They are subject to several uncertainties and risks that could significantly affect the Company’s current plans and expectations, future operations, and financial condition. The Company reserves the right to update or alter its forward-looking statements, whether due to new information, future events or otherwise.

    A video accompanying this announcement is available at 

    https://www.globenewswire.com/NewsRoom/AttachmentNg/255c2f9c-8192-40fa-b372-1af848b76b75

    The MIL Network –

    May 15, 2025
  • MIL-OSI: FDCTech Reports Over 58% Year-over-Year Revenue Growth in Q1 2025 Driven by Strong Performance Across All Business Segments

    Source: GlobeNewswire (MIL-OSI)

    Q1 2025 Highlights Show Continued Growth and Operating Profitability. 

    Irvine, CA, May 14, 2025 (GLOBE NEWSWIRE) — FDCTech, Inc. (“FDC” or the “Company,” PINK: FDCT), a fintech-driven firm specializing in acquiring and scaling small to mid-size legacy financial services companies, today announced its unaudited financial results for the three months ended March 31, 2025.

    Q1 2025 Financial Highlights

    • Total Revenue: $10.11 million for Q1 2025, up from $6.38 million in Q1 2024 — an increase of 58.59%, driven primarily by the full-period contribution from the Company’s Investment and Brokerage segment (Alchemy Markets Ltd. and Alchemy Prime Ltd.) and strong performance in the Technology segment.
    • Gross Profit: $5.18 million in Q1 2025, compared to $2.34 million in Q1 2024 — a growth of 121.32%.
    • Net Income: $301,002 in Q1 2025, compared to $833,445 in Q1 2024. The prior-year quarter included significant non-operating income.
    • Cash Position: $26.99 million as of March 31, 2025, up from $24.78 million at year-end 2024.
    • Working Capital: $10.08 million as of March 31, 2025, up from $9.10 million at year-end 2024.
    • Net Assets: $15.64 million as of March 31, 2025, up from $14.43 million at year-end 2024.

    Performance by Segment

    Investment and Brokerage

    • Revenue rose to $7.76 million in Q1 2025 from $4.61 million in Q1 2024 — an increase of 69%, following full consolidation of AML and APL operations and increased trading volume across European clients.

    Wealth Management

    • Revenue was $1.53 million in Q1 2025, consistent with $1.51 million in Q1 2024, reflecting stable advisor-led revenues at AD Advisory Services.

    Technology & Software Development

    • Revenue grew 218% to $0.81 million in Q1 2025 from $0.26 million in Q1 2024, driven by new licensing agreements and custom development projects for its proprietary Condor Trading platform.

    Strategic and Operational Highlights

    • Condor Investing & Trading App: The Company continues development and expects commercialization.
    • International Expansion: Opened and staffed new offices in Cyprus, Malta, and the UK. AML continues to onboard EU retail clients and expand product offerings under its MFSA license.
    • Client Growth: AML now services clients from Germany, France, and other EU countries, including the onboarding of over 2,631 clients from Next Markets and 35 clients from a Cypriot-based broker.
    • Product Offering Expansion: AML obtained MFSA authorization under Article 6 of the Investment Services Act to offer equities and money market securities, expanding its income-generating capabilities.

    FDCTech’s management remains committed to building a diversified and scalable financial services company. With a strong balance sheet, improved operational margins, and growth in core segments, the Company is well-positioned for continued expansion in FY 2025.

    Please visit our SEC filings or the Company’s website for more information on the full results and management’s plan.

    FDCTech, Inc.

    FDCTech, Inc. (“FDC”) is a regulatory-grade financial technology infrastructure developer designed to serve the future financial markets. Our clients include regulated and OTC brokerages and prop and algo trading firms of all sizes in forex, stocks, commodities, indices, ETFs, precious metals, and other asset classes. Our growth strategy involves acquiring and integrating small to mid-size legacy financial services companies, leveraging our proprietary trading technology and liquidity solutions to deliver exceptional value to our clients.

    Press Release Disclaimer

    This press release’s statements may be forward-looking statements or future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third party. Therefore, in no case will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.

    Contact Media Relations
    FDCTech, Inc.
    info@fdctech.com
    www.fdctech.com
    +1 877-445-6047
    200 Spectrum Center Drive, Suite 300,
    Irvine, CA, 92618

    The MIL Network –

    May 15, 2025
  • MIL-OSI: LPL Financial Launches Comprehensive Alts Learning Hub

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, May 14, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq:LPLA), a leading wealth management firm, has launched a new alternative investments education platform, designed to empower advisors with the knowledge and tools necessary to effectively and easily incorporate alternative investments into their practice.

    According to Cerulli, advisor-intermediated illiquid alternative assets are projected to grow from $1.4 trillion to $2.4 trillion over the next five years. Additionally, assets under management sourced from alternative investments are expected to rise to 23% in the next three years, up from 13% today.i As alts continue to gain traction in high-net-worth and ultra-high-net-worth portfolios, and their adoption by mass affluent investors increases, Alts Learning Hub aims to enhance advisor confidence and competence in the alternatives space, ultimately driving business growth and client satisfaction.

    The Alts Learning Hub offers a comprehensive and user-friendly platform designed to enhance knowledge and expertise in alternative investments. Key features include:

    • Centralized Access: A one-stop source for all alternative investments education, featuring curated content and resources from LPL, fund sponsors, and industry experts.
    • Streamlined Learning: A structured and user-friendly experience that simplifies the learning process for financial professionals.
    • Continuing Education (CE): A partnership with Chartered Alternative Investment Analyst (CAIA) Association, through its UniFi by CAIA™ platform, offering straightforward, on-demand learning with 15 CE credits for CIMA and CFP professionals, no final exam and a reduced course fee for LPL advisors.

    Cheri Belski, Executive Vice President and Head of Investment Management Solutions at LPL, said, “As investors seek sophisticated and specialized ways to differentiate their portfolios and manage volatility outside of the stock-bond model, LPL is committed to providing our advisors with the best-in-class alternative investment resources. We look forward to partnering with top fund sponsors and industry leaders like CAIA to deliver this comprehensive and accessible education experience.”

    LPL’s user-friendly Alts Learning Hub is now available to all advisors, regardless of their affiliation model. Alts Learning Hub underscores LPL’s dedication to providing a top-tier alternative investments platform and complements LPL’s expanding suite of advisor-focused resources, including LPL Alts Connect.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment adviser and broker-dealer. Member FINRA/SIPC.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    Media Contact: 
    Media.relations@LPLFinancial.com 
    (402) 740-2047 

    Tracking #: 738833


    ihttps://www.cerulli.com/reports/us-alternative-investments-2024

    The MIL Network –

    May 15, 2025
  • MIL-OSI: iPower Enhances SuperSuite Supply Chain Capabilities with “Made in USA” Module

    Source: GlobeNewswire (MIL-OSI)

    RANCHO CUCAMONGA, Calif., May 14, 2025 (GLOBE NEWSWIRE) — iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven ecommerce services provider and online retailer, today announced the launch of a new strategic initiative under its SuperSuite supply chain platform aimed at advancing domestic manufacturing and assembly capabilities in the United States.

    SuperSuite’s “Made In USA” module is designed to facilitate the establishment and expansion of domestic manufacturing lines by offering comprehensive support in areas such as legal and regulatory compliance, facility sourcing and setup, local management and labor sourcing, funding opportunities, and access to both online and offline sales channels. By providing these critical resources, iPower seeks to bridge the gap for manufacturers and supply chain partners who are considering domestic production but may lack the infrastructure or guidance to do so effectively.

    This initiative serves as a cornerstone of SuperSuite’s broader supply chain solution and aligns with the increasing global focus on reshoring as a critical lever for supply chain resilience. As manufacturers seek to diversify operations, reduce dependency on international logistics, and respond to shifting geopolitical dynamics, the “Made In USA” module provides a much-needed platform to bring advanced manufacturing skills and capabilities to U.S. soil.

    “Our mission with the ‘Made In USA’ platform is to not only strengthen our own supply chain capabilities but to also empower our partners and contribute to the resurgence of American manufacturing,” said Lawrence Tan, CEO of iPower. “This extension of SuperSuite will provide companies with the essential tools and resources to successfully transition or expand their operations into the United States, creating new opportunities for economic growth and job creation. By investing in domestic manufacturing capabilities, iPower is reinforcing its commitment to building a more resilient and diversified supply chain network while supporting the creation of high-quality, American-made products.”

    As the first of several planned collaborations under the “Made In USA” platform, iPower is actively engaging with a sales partner that has an existing sales team, established customer base, and a manufacturing partner to establish a comprehensive domestic production line. This partnership will leverage iPower’s robust support infrastructure, aiming to integrate manufacturing expertise from international partners while utilizing iPower’s established sales and fulfillment network to scale production efficiently. This deal represents the initial step in a series of strategic initiatives aimed at attracting manufacturers and supply chain partners to the United States.

    About iPower Inc. 

    iPower Inc. is a tech and data-driven online retailer, as well as a provider of value-added ecommerce services for third-party products and brands. iPower’s capabilities include a full spectrum of online channels, robust fulfillment capacity, a nationwide network of warehouses, competitive last mile delivery partners and a differentiated business intelligence platform. iPower believes that these capabilities will enable it to efficiently move a diverse catalog of SKUs from its supply chain partners to end consumers every day, providing the best value to customers in the U.S. and other countries. For more information, please visit iPower’s website at www.meetipower.com.

    Investor Relations Contact

    Sean Mansouri, CFA or Aaron D’Souza
    Elevate IR
    (720) 330-2829
    IPW@elevate-ir.com

    The MIL Network –

    May 15, 2025
  • MIL-OSI: Brag House Continues Action to Protect Stockholders Against Potential Illegal Naked Short Selling

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) — Brag House Holdings, Inc. (NASDAQ: TBH) (“Brag House” or the “Company”), the premier Gen Z engagement platform that operates at the intersection of gaming, college sports, and social interaction, today announced an update on its investigation into recent trading activity in its stock. With assistance from its outside advisors, the Company’s investigation has identified preliminary data suggesting the Company may have been the subject of illegal naked short selling. Accordingly, today the Company sent letters to the SEC, FINRA, and Nasdaq regarding these preliminary findings and requested they open an immediate investigation into the suspected trading activity.

    Naked short sales take time to verify, but preliminary financial indicators cause the Company to believe that abusive naked short selling may have occurred. Naked short selling is illegal and damages stockholder value in a company by artificially pushing its stock price down. Common indicators of abusive naked short selling include unusually high trading volume, high financing rates to borrow stock, and persistent failures to deliver that culminate in significant downward pressure on a company’s stock price.

    On March 31, 2025, the Company’s stock closed at $6.61 and subsequently closed at $1.27 on April 1, 2025, an 80.79% decrease in the Company’s stock price in one trading day. The Company has identified a large trade on April 1, 2025, that the Company believes may have triggered subsequent naked short selling, potentially by certain funds and traders. Moreover, based on settlement data the Company received from DTC, the Company did not see anywhere near the quantity of the settlement of shares that it expected to see based on the large number of shares that traded on April 1, 2025. The Company believes this lack of settlement of shares may be evidence of naked short selling.

    On each of April 1, 2, and 3, 2025, the total volume of shares traded nearly equaled the Company’s public float. Specifically, on April 1, 2025, the trading volume was nearly three times the size of the shares of its initial public offering. Because of this unusually high trading activity, there were a total of nine trading halts in the Company’s stock on April 1, 2025. In addition, the Company appeared on Nasdaq’s circuit breaker list on both April 1 and April 2, 2025. Meanwhile, financing rates to borrow Brag House’s stock averaged over 115% in the month of April 2025 making it extremely expensive to borrow the Company’s stock which is often an indicator of a high demand to borrow the stock. Brag House stock was also subject to persistent failures to deliver in the second half of March and the first week of April 2025.

    The Company has observed persistent discrepancies between the shares that are reported as beneficially owned by non-objecting beneficial owners (NOBOs) and objecting beneficial owners (OBOs) to Broadridge and other similar institutions and the shares that are reported to the Depository Trust Company. While minor occasional discrepancies can result from reporting delays or clerical errors, persistent discrepancies in beneficial ownership can imply that there may be fictious shares circulating in the market. The presence of fictious shares in the market would artificially increase the supply of shares available for short selling and may help facilitate naked short selling.

    Brag House is not aware of any material undisclosed information or corporate developments that contributed to the decline in its stock price or unusually high trading volume. Taken together, the Company believes that the pricing volatility in the Company’s stock, unusual trading volume, high financing rates to borrow the Company’s stock, multiple halts to trading, and persistent failures to deliver form a compelling pattern indicative of artificial selling pressure and suggests the presence of illegal naked short selling.

    Despite the turmoil in the Company’s stock price, Brag House is continuing to execute on its strategic initiatives to redefine digital engagement for casual college gamers and the brands that seek to connect with them, including our recent announcement of our partnership with Learfield. The Company continues to focus on scaling its platform, enhancing user experience, and expanding its data-driven brand partnerships to create deeper, more meaningful connections with Gen Z. The Company believes its strategy is working as Brag House is expanding its platform’s capabilities, refining its data-driven insights for brand partners, and fostering a digital community that resonates with casual gamers. Brag House remains confident in its strategic plan and the various initiatives it is executing on to create stockholder value.

    A copy of the form of letter sent to the SEC, FINRA, and Nasdaq was filed with the SEC as an exhibit to the Company’s Form 8-K filed on May 14, 2025.

    No stockholder action is required at this time.

    About Brag House

    Brag House is a leading media technology gaming platform dedicated to transforming casual college gaming into a vibrant, community-driven experience. By seamlessly merging gaming, social interaction, and cutting-edge technology, the Company provides an inclusive and engaging environment for casual gamers while enabling brands to authentically connect with the influential Gen Z demographic. The platform offers live-streaming capabilities, gamification features, and custom tournament services, fostering meaningful engagement between users and brands. For more information, please visit www.braghouse.com.

    Forward-Looking Statements 
    Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, expectations related to the investigation of potential naked short selling, including the Company’s analysis, its ability to take appropriate corrective action, or any potential investigations by regulators and other risk factors discussed in the “Risk Factors” section of the Company’s filings with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

    Media Contact:

    Fatema Bhabrawala
    Director of Media Relations
    fbhabrawala@allianceadvisors.com

    Investor Relations Contact:

    Adele Carey
    VP, Investor Relations
    ir@thebraghouse.com

    The MIL Network –

    May 15, 2025
  • MIL-OSI: Inuvo to Present at Ladenburg Thalmann Technology Innovation Expo on May 21

    Source: GlobeNewswire (MIL-OSI)

    LITTLE ROCK, Ark., May 14, 2025 (GLOBE NEWSWIRE) — Inuvo, Inc. (NYSE American: INUV), a leading provider of artificial intelligence AdTech solutions, announced today that it will be participating in the Ladenburg Thalmann Innovation EXPO25, to be held on May 21, 2025, at Convene, 101 Park Avenue, New York, NY.

    Richard Howe, Chief Executive Officer of Inuvo, is scheduled to present on Wednesday, May 21st at 11:30 a.m. Eastern Daylight Time. Management will also be available for one-on-one meetings with investors throughout the conference.

    The Ladenburg Thalmann Innovation EXPO25 is a premier event bringing together a diverse group of innovative companies and institutional investors for a full day of presentations, one-on-one meetings, and networking opportunities. The conference will feature approximately 50 technology companies that leverage AI in innovative and breakthrough ways. Participating companies will present their business strategies and innovations through three dedicated presentation tracks and demonstrate their products live in the “Ladenburg Expo format.”

    For more information about the Ladenburg Thalmann Innovation EXPO25, visit: https://b2idigital.com/ladenburg-innovation-expo

    About Inuvo

    Inuvo, Inc. (NYSE American: INUV) is a market leader in Artificial Intelligence built for advertising. Its IntentKey AI solution is a first-of-its-kind proprietary and patented technology capable of identifying and actioning to the reasons why consumers are interested in products, services, or brands, not who those consumers are. To learn more, visit www.inuvo.com.

    Safe Harbor / Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Inuvo’s quarter-end financial close process and preparation of financial statements for the quarter that are subject to risks and uncertainties that could cause results to be materially different than expectations. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, without limitation risks detailed from time to time in our filings with the Securities and Exchange Commission (the “SEC”), and represent our views only as of the date they are made and should not be relied upon as representing our views as of any subsequent date. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Inuvo, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 as filed on February 27, 2025, and our other filings with the SEC. Additionally, forward looking statements are subject to certain risks, trends, and uncertainties including the continued impact of Covid-19 on Inuvo’s business and operations. Inuvo cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct. Should one of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements, and investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. Inuvo does not intend to update or revise any forward-looking statements made herein or any other forward-looking statements as a result of new information, future events or otherwise. Inuvo further expressly disclaims any written or oral statements made by a third party regarding the subject matter of this press release. The information which appears on our websites and our social media platforms is not part of this press release.

    Inuvo Company Contact:
    Wally Ruiz
    Chief Financial Officer
    Tel (501) 205-8397
    wallace.ruiz@inuvo.com

    The MIL Network –

    May 15, 2025
  • MIL-OSI: Himax and Vuzix to Showcase Integrated Industry-Ready AR Display Module at Display Week 2025

    Source: GlobeNewswire (MIL-OSI)

    TAINAN, Taiwan and ROCHESTER, N.Y., May 14, 2025 (GLOBE NEWSWIRE) — Vuzix® Corporation (Nasdaq: VUZI), (“Vuzix”), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies and Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced the joint debut of a next-generation AR optical module at Display Week 2025, one of the premier symposiums and exhibitions in the display industry and taking place May 11–16, 2025 in San Jose, California. The demonstration features Himax’s latest ultra-luminous, miniature Dual-Edge Front-lit LCoS microdisplay seamlessly integrated with Vuzix’ production-ready waveguides. Together, the technologies form a fully integrated module that delivers breakthrough brightness and power efficiency in an unparalleled compact design, enabling sleek, lightweight AR glasses for both enterprise and consumer applications. This co-design initiative, scheduled for commercial release at the end of 2025, focuses on optimizing optical performance to deliver industry-leading visual quality.

    Himax’s innovative and proprietary Dual-Edge Front-lit LCoS microdisplay sets a new industry benchmark with a volume of just 0.09 c.c., weighing less than 0.2 grams, yet capable of delivering 1 lumen of output and up to 350,000 nits of luminance, all while consuming no more than 250mW total power consumption. This ensures exceptional eye-level visibility across diverse lighting environments.

    Vuzix’ mass production waveguides elevate the optical experience with a slim 0.7 mm thickness, industry-leading lightweight, less than 5 grams, minimal discreet eye glow below 5%, and a 30-degree diagonal field of view (FOV). Fully customizable and integration-ready for next-generation AR devices, these waveguides support prescription lenses, offer both plastic-substrate and higher-refractive-index options, and are engineered for cost-effective large-scale deployment.

    “This demonstration showcases a commercially viable integration of Himax’s high-performance color LCoS microdisplay with Vuzix’ advanced waveguides, an industry-leading solution engineered for scale,” said Paul Travers, CEO of Vuzix. “Our waveguides are optically superior, customizable, and production-ready. Together, we’re helping accelerate the adoption of next-generation AR wearables.”

    “We are proud to work alongside Vuzix to bring this industry-ready solution to market,” said Simon Fan-Chiang, Senior Director at Himax. “Our latest LCoS innovation redefines what’s possible in size, brightness, and power efficiency paving the way for next generation AR devices. By pairing with Vuzix’ world-class waveguides, we are enabling AR devices that are immersive, comfortable and truly wearable.”

    Himax and Vuzix invite all interested parties to stop by at Booth #1711 at Display Week 2025 to experience the demo and learn more about this exciting joint solution.

    About Vuzix Corporation

    Vuzix is a leading designer, manufacturer and marketer of AI-powered Smart Glasses, Waveguides and Augmented Reality (AR) technologies, components and products for the enterprise, medical, defense and consumer markets. The Company’s products include head-mounted smart personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality, as well OEM waveguide optical components and display engines. Vuzix holds more than 425 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and the augmented reality wearables field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2024 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in: Rochester, NY; and Kyoto and Okayama, Japan. For more information, visit the Vuzix website, X and Facebook pages.

    www.vuzix.com

    About Himax Technologies, Inc.

    Himax Technologies, Inc. (NASDAQ: HIMX) is a leading global fabless semiconductor solution provider dedicated to display imaging processing technologies. The Company’s display driver ICs and timing controllers have been adopted at scale across multiple industries worldwide including TVs, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, among others. As the global market share leader in automotive display technology, the Company offers innovative and comprehensive automotive IC solutions, including traditional driver ICs, advanced in-cell Touch and Display Driver Integration (TDDI), local dimming timing controllers (Local Dimming Tcon), Large Touch and Display Driver Integration (LTDI) and OLED display technologies. Himax is also a pioneer in tinyML visual-AI and optical technology related fields. The Company’s industry-leading WiseEyeTM Ultralow Power AI Sensing technology which incorporates Himax proprietary ultralow power AI processor, always-on CMOS image sensor, and CNN-based AI algorithm has been widely deployed in consumer electronics and AIoT related applications. Himax optics technologies, such as diffractive wafer level optics, LCoS microdisplays and 3D sensing solutions, are critical for facilitating emerging AR/VR/metaverse technologies. Additionally, Himax designs and provides touch controllers, OLED ICs, LED ICs, EPD ICs, power management ICs, and CMOS image sensors for diverse display application coverage. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 2,200 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan, Germany, and the US. Himax has 2,603 patents granted and 389 patents pending approval worldwide as of March 31, 2025.

    http://www.himax.com.tw

    Forward Looking Statements

    Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company’s business; general business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by the Company; demand for end-use applications products; reliance on a small group of principal customers; the uncertainty of continued success in technological innovations; our ability to develop and protect our intellectual property; pricing pressures including declines in average selling prices; changes in customer order patterns; changes in estimated full-year effective tax rate; shortage in supply of key components; changes in environmental laws and regulations; changes in export license regulated by Export Administration Regulations (EAR); exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; our ability to collect accounts receivable and manage inventory and other risks described from time to time in the Company’s SEC filings, including those risks identified in the section entitled “Risk Factors” in its Form 20-F for the year ended December 31, 2024 filed with the SEC, as may be amended.

    Vuzix Contact:
    Ed McGregor, Director of Investor Relations
    Vuzix Corporation
    Tel: (585) 359-5985
    Email: IR@vuzix.com
    www.vuzix.com

    Himax Contacts:
    Karen Tiao, Head of IR/PR
    Himax Technologies, Inc.
    Tel: +886-2-2370-3999
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    www.himax.com.tw

    Mark Schwalenberg, Director
    Investor Relations – US Representative
    MZ North America
    Tel: +1-312-261-6430
    Email: HIMX@mzgroup.us
    www.mzgroup.us

    The MIL Network –

    May 15, 2025
  • MIL-OSI: Onfolio Holdings Inc. to Present on the Emerging Growth Conference on May 22, 2025

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, Del., May 14, 2025 (GLOBE NEWSWIRE) — Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) (OTC: ONFOP) (“Onfolio” or the “Company”), a holding company that acquires and manages a diversified portfolio of online businesses across a broad range of verticals, invites individual and institutional investors as well as advisors and analysts to attend its real-time, interactive presentation on the Emerging Growth Conference.

    The next Emerging Growth Conference is presenting on May 22, 2025. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company’s Chief Executive Officer in real time.

    Mr. Wells will perform a presentation and may subsequently open the floor for questions. Please submit your questions in advance to Questions@EmergingGrowth.com or ask your questions during the event and Mr. Wells will do his best to get through as many of them as possible.

    Onfolio will be presenting at 10:15am Eastern time for 30 minutes.

    Please register here to ensure you can attend the conference and receive any updates that are released.

    https://goto.webcasts.com/starthere.jsp?ei=1709483&tp_key=7518636947&sti=onfo

    If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and on the Emerging Growth YouTube Channel, http://www.YouTube.com/EmergingGrowthConference. We will release a link to that after the event.

    About the Emerging Growth Conference

    The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in a time efficient manner.

    The Conference focus and coverage includes companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long term growth. Its audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts.

    All sessions will be conducted through video webcasts and will take place in the Eastern time zone.

    About Onfolio Holdings

    Onfolio Holdings acquires controlling interests in and actively manage small online businesses that we believe (i) operate in sectors with long-term growth opportunities, (ii) have positive and stable cash flows, (iii) face minimal threats of technological or competitive obsolescence and (iv) can be managed by our existing team or have strong management teams largely in place. Through the acquisition and growth of a diversified group of online businesses with these characteristics, we believe we offer investors in our shares an opportunity to diversify their own portfolio risk. Our Company excels at finding acquisition opportunities where the seller has not fully optimized their business, and our experience and skillset allows us to add increased value to these existing businesses. Visit www.onfolio.com for more information.

    Forward-Looking Statements

    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 1A “Risk Factors” in our most recent Form 10-K and Form 10-Q; other risks to which our Company is subject; 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.

    Investor Contact

    investors@onfolio.com

    The MIL Network –

    May 15, 2025
  • MIL-OSI Europe: ASIA/MYANMAR – The Burmese people hope for Pope Leo’s support and ask for help after the earthquake

    Source: Agenzia Fides – MIL OSI

    Archdiocese of Mandalay

    Mandalay (Agenzia Fides) – “Now we must rebuild hope in our communities, already affected by war and hardship. We renew an urgent appeal: help us rebuild our ecclesial communities in Mandalay,” Father Peter Kyi Maung, Vicar General of the Archdiocese of Mandalay, which was hit by the devastating earthquake on March 28, told Fides. Meanwhile, in the Diocese of Mandalay, the Emergency Rescue Team has been on site assessing the severely damaged church buildings and pastoral structures. “These sacred places, where we gather for worship, prayer, and mutual support, now urgently need to be repaired and restored. We appeal to our great family of faith, asking for your generous support,” the Emergency Rescue Team wrote in a statement. The need is to repair damaged church structures, restore community centers and catechism rooms, and create safe structures for liturgy and parish meetings. “In this way,” explains Fr. Peter Kyi Maung, “we will be able to resume the spiritual and communal life of the people of God. We are called to help communities flourish anew in faith and resilience,” he notes. “For so many suffering people, we are instruments of God’s mercy and compassion in this time of trial. Therefore, we ask for the support of the faithful everywhere,” he says. Although they are in a time of crisis and serious difficulties, Burmese Catholics also rejoice at the election of Pope Leo XIV.In a congratulatory message on the inauguration of the Petrine ministry, Archbishop Marco Tin Win Mandalay asks Pope Leo “to support peace for Myanmar.” “Many non-Catholics, Buddhists, Muslims, and Protestants followed the Pope’s election with great interest. This was a moment of witness and evangelization for us,” said the archbishop. Burmese Cardinal Charles Maung Bo, Archbishop of Yangon, who was present at the Conclave, reaffirmed everyone’s hopes: He sent photos of himself accompanied by Pope Leo to the faithful and told them: “I asked him not to forget us and expressed the hope that he would visit Myanmar soon.” Burmese Dominican Father Paul Aung Myint told Fides: “We are certain that Pope Leo will pay attention to the conflicts of the forgotten, the suffering of the poor, the marginalized, and the many refugees in Myanmar and other parts of the world: we know he will be a voice for the voiceless.”Joseph Kung, a Catholic from Yangon, emphasizes: “We do not yet know the new Pope Leo well, but we know that he has gained important missionary experience. We therefore believe that he will be deeply concerned with all the mission countries in the Global South. Furthermore, he is polyglot, and his knowledge of English will facilitate communication with many realities in Asia, certainly also with the bishops and faithful in Myanmar.” (PA) (Agenzia Fides, 14/5/2025)
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    MIL OSI Europe News –

    May 15, 2025
  • MIL-OSI Europe: AFRICA/DR CONGO – Testimony of the forgotten conflict in eastern DRC: The “100 days of liberated Goma”

    Source: Agenzia Fides – MIL OSI

    Wednesday, 14 May 2025 wars  

    Kinshasa (Agenzia Fides) – “Goma, capital of the North Kivu region, two million inhabitants. An occupied city, on its knees. Stretched along the shores of Lake Kivu, caressed by the heat of the Nyiragongo volcano, its beauty and the peace of some thirty years are turning into tears of fear and death.” These are the words that highlight the dramatic testimony sent to Fides from Goma, a city in the eastern Democratic Republic of Congo (DRC) that fell into the hands of the M23 rebels at the end of January. For security reasons, we are publishing it in full, omitting the author’s name: On January 28, after two days of intense fighting between the regular Congolese army, supported by the “Wazalendo” (patriotic militias), against the AFC (Congo River Alliance) and M23 (March 23, an invading rebel group supported by the Rwandan army), the city was once again declared “liberated.” A liberation that left a tragic toll of thousands of innocent civilians dead, many of them in their own homes, built with precarious materials, incapable of offering any shelter. Looting, rape, and abuse perpetrated by armed men from various factions have left deep scars. More than 100 days after the fighting, the wounds remain open, both on the body and in the collective memory of the population. Freedom of expression, human dignity, and the right to life and peace have been brutally violated. Today, the law of terror is imposed at gunpoint and with the blows of batons. The judicial system has collapsed. Instead of courts, detention centers have been set up that, in practice, function as places of torture. Prisons have been emptied—some 3,000 prisoners disappeared during the city’s capture—and trials, when they are held, are summary and improvised, even in the open air. The night has become a nightmare for the most vulnerable neighborhoods. Armed men break into homes to rob and sexually assault. These individuals include former prisoners, former military deserters, militia members, and others, operating anonymously under the cover of darkness. Sometimes, the attackers are captured by neighbors trying to defend the victims; their bodies often appear the next morning, abandoned or even burned. Fear, anger, and the absence of justice fuel a form of mob justice that is faceless and merciless. The search for alleged members of the FDLR (Democratic Forces for the Liberation of Rwanda), accused of participating in the 1994 genocide and now hiding in the neighborhoods of Goma, often serves as a pretext for personal vendettas or ethnic clashes, exacerbating already existing tensions. Arbitrary arrests and disappearances are part of a policy of repression aimed at silencing any dissenting voice. The economic situation is equally critical. The financial system is paralyzed: banks remain closed, preventing the payment of salaries, including those of teachers in affiliated schools. Commerce is at a standstill, and the international airport, vital to the city’s economic life, was bombed during the fighting and is out of service. The promises to keep alive hope for a better future—occupation propaganda comparing the supposedly more effective new “liberation” regime with the corrupt and ineffective old regime in Kinshasa—are numerous; but they fade with each passing day. Many young people, disillusioned with life or desperate with rage, volunteer to enlist in the army of the new masters and fight the regular army of the central government. Solution or illusion? Dying for the sake of dying: it’s worth a try. But the struggle for life has not been broken. The population helps each other in a thousand ways. The tens of thousands of displaced people, whose camps have been dismantled by the new authorities, have found refuge in the homes of friends, relatives, or people of good will. They share the same fears, the same suffering, but also the same hopes. The number of crosses increases, sometimes even invisible, because there is no trace left of the missing. But among the black lava rocks of the Nyiragongo volcano, scattered along the neighborhood roads, flowers are sprouting. With difficulty, because the earth is still soaked with blood. They are flowers with thin stems, but fragrant and colorful: red flowers, the color of the painful tears shed every day; green flowers, of hope and resistance, so that life does not die; flowers that symbolize a new society: the new society of Congo that is being born from the ashes of war. Yes, because life is like the sun: no matter how long and stormy the night, at dawn the sun reappears. (Agenzia Fides, 14/5/2025)
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    MIL OSI Europe News –

    May 15, 2025
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