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Category: CTF

  • MIL-OSI USA: Rep. Mike Levin Honors Nani Love as June 2025 Constituent of the Month

    Source: United States House of Representatives – Representative Mike Levin (CA-49)

    June 30, 2025

    Nani Love

    Vista, CA–Today, Rep. Mike Levin (CA-49) recognized Nani Love, a case manager and victim’s advocate at the North County LGBTQ Resource Center, as his June 2025 Constituent of the Month.

    Born and raised on O?ahu, Hawaii, Nani moved to the mainland and volunteered at the Center for two years before joining as full-time staff. She has been recognized for her outstanding work leading the organization’s housing service program, where she has connected countless families to wrap around services, referrals, and permanent housing.

    See below for Rep. Levin’s statement recognizing Nani Love in the Congressional Record:

    “M. Speaker, I am proud to recognize Nani Love as my June 2025 Constituent of the Month

    “As a young girl born and raised on O’ahu, Nani had a passion for serving others that has guided her entire life and career. Nani has served as a local government case manager and victim’s advocate in Southern California helping individuals through the toughest times in their life.

    “Nani volunteered as a case manager at the North County LGBTQ Resource Center and was hired full time to continue her work with LGBTQ community to access affordable housing and health care.

    “Nani’s dedication to helping others has made the community a better and safe place, and I am proud to honor her as my Constituent of the Month.”

    ABOUT THE CONSTITUENT OF THE MONTH PROGRAM:

    Rep. Levin’s Constituent of the Month program recognizes outstanding North County San Diego and South Orange County residents who have gone above and beyond to help their neighbors, give back to their community, and represent the best of our country. Rep Levin’s May 2025 Constituent of the Month was Rohen Vargo, the founder of a student-run blood pressure screening clinic, and his April 2025 Constituent of the Month was Amanda Reuther, an advocate for children with disabilities.

    ###

    MIL OSI USA News –

  • MIL-OSI Africa: Protecting Libyan lives: Mine Action partners unite to address the threats of Unexploded Ordnance (UXO) in Libya

    Source: APO – Report:

    .

    The United Nations Support Mission in Libya (UNSMIL) hosted yesterday a meeting for the Mine Action implementing partners, bringing together 22 participants, including national and international non-governmental organizations (NGOs). The meeting, co-organized by the Libyan Mine Action Centre (LibMAC) and the Mine Action Programme, was joined by UNICEF, and representatives from the League of Arab States, Ghana, Italy, and the United Kingdom.

    Director of LibMAC, Khalil Elshelb, provided an update on the development of the Libyan Mine Action Strategy, announced on Mine Action Day last year as a key sector priority. The Libyan Mine Action Standards are currently under review—a crucial step in implementing the strategy—with support from the Geneva International Centre for Humanitarian Demining (GICHD) and the Mine Action Programme.

    LibMAC identified Mezda, the Mashrou Al Mooz (Banana Project) area between Ain Zara and Alsabaa in Tripoli, and Khalij al-Bumbah in the east as priority zones due to high contamination levels. It also shared the results of a three-week response to recent clashes in Tripoli, which caused new UXO contamination across 14 neighborhoods. LibMAC tasked NGO Explosive Ordnance Disposal (EOD) and Explosive Ordnance Risk Education (EORE) teams with response efforts. Awareness activities reached around 19,500 people, including more than 4,700 women and 3,800 children.

    Chief of the Mine Action Programme, Fatma Zourrig, emphasized the need for stronger collaboration between international and national NGOs. She highlighted the importance of ensuring access to remote areas, supporting life-saving efforts, and expanding outreach to affected communities. Zourrig also reiterated the technical support offered by the Mine Action Programme and urged all stakeholders to take part in an upcoming capacity-mapping exercise, which will serve as a key advocacy tool for the sector.

    Four international and three national NGOs presented activity updates from April to June 2026, covering progress in clearance and risk education. Discussions addressed key challenges, including reduced funding, limited non-technical staff capacity to identify minefields, and the dangers of individuals collecting metal objects—often remnants of war—for resale. This practice has contributed to an increase in UXO-related incidents and civilian casualties.

    – on behalf of United Nations Support Mission in Libya (UNSMIL).

    MIL OSI Africa –

  • MIL-OSI Africa: South Africa: Select Committee on Public Infrastructure Welcomes the Department’s Bold Reform Agenda for Infrastructure and Job Creation

    Source: APO – Report:

    .

    The Select Committee on Public Infrastructure and Minister in the Presidency has welcomed the Department of Public Works and Infrastructure’s strategic and annual performance plans for the 2025/26 financial year.

    The Chairperson of the committee, Mr Rikus Badenhorst, described the plans as a clear and credible turning point for infrastructure-led development in South Africa. He said: “This is not a mere tweak of the department, but a fundamental shift in how it understands and executes its core mandate. Minister Macpherson agenda marks a critical departure towards a department that is a catalyst for infrastructure-led growth, a partner in job creation, and a driver of economic recovery.”

    Following a detailed presentation by the Minister of the department, Mr Dean Macpherson, the committee affirmed its support for the department’s renewed vision to serve as a catalyst for economic recovery, job creation, and inclusive growth. The plans are strongly aligned to the National Development Plan and Medium-Term Strategic Framework, and reflect an earnest commitment to reform, delivery and measurable impact.

    At the centre of this renewed vision is the repositioning of the Expanded Public Works Programme (EPWP) from a temporary job relief measure to a structured, skills-based employment pipeline. With a R7.2 billion allocation over the MTEF period, this reform aims to transform the EPWP into a credible contributor to long-term, dignified employment.

    Mr Badenhorst said the shift from welfare to workforce is one of the most important interventions in restoring both human dignity and economic resilience, remarked. “We will monitor its implementation with keen interest,” emphasised Mr Badenhorst.

    The committee also welcomed the department’s strategic focus on urban regeneration, repurposing hijacked and underutilised buildings, and optimising state assets for greater public value, particularly within inner-city precincts. This renewed developmental posture is essential to reversing years of stagnation, inefficiency and fiscal wastage.

    Minister Macpherson was frank in his assessment of the department’s historic shortcomings, including systemic inefficiencies, audit deficiencies, and skills shortages. The committee commended the Minister’s openness, and noted the department’s new risk management framework as a strong response, particularly its intention to clamping down on tender irregularities, tighten controls on lease agreements, and combat collusion in the supply chain.

    Committee members posed rigorous questions during the session, including queries about the R589 million allocation for infrastructure support, the need to strengthen capacity in the EPWP, and concerns about the alignment of budget allocations with strategic intent. Particular attention was given to the transition to digital systems and its impact on job security, as well as the Department’s plans to reduce its lease portfolio and address the long-standing maintenance backlog across government buildings.

    In response, the department indicated its commitment to prudent asset management, exploring alternative ownership models, and ensuring that modernisation does not come at the expense of employment or service continuity.

    Mr Badenhorst said to Minister Macpherson: “It is clear that you bring political will to the table. This committee will match it with rigorous oversight, constructive engagement, and institutional support. Together, we can turn this department, and indeed South Africa, into a construction site of progress.”

    The committee reaffirmed its commitment to supporting the department’s reform trajectory, underscoring the centrality of infrastructure to the nation’s economic and social recovery.

    – on behalf of Republic of South Africa: The Parliament.

    MIL OSI Africa –

  • MIL-OSI Africa: International Monetary Fund (IMF) Executive Board Completes the Second Reviews Under the Extended Credit Facility and the Resilience and Sustainability Facility Arrangements with the Republic of Madagascar

    Source: APO – Report:

    .

    • The IMF Executive Board completed the Second Reviews under the Extended Credit Facility (ECF) arrangement and the Resilience and Sustainability Facility (RSF) arrangement for the Republic of Madagascar, allowing for an immediate disbursement of SDR 77.392 million (about US$107 million).
    • Madagascar’s performance under the ECF and RSF has been satisfactory. The recent adoption of a recovery plan for the public utilities company (JIRAMA) and the continued implementation of the automatic fuel price adjustment mechanism will release space for critical development needs while helping improve energy supply.
    • Recent weather-related events, reduction in official development assistance (ODA) and the U.S tariff hike risk setting Madagascar back; they constitute a wakeup call.

    The Executive Board of the International Monetary Fund (IMF) completed today the Second Reviews under the 36-month Extended Credit Facility (ECF) arrangement and under the 36-month Resilience and Sustainability Facility (RSF) arrangement. The ECF and RSF arrangements were approved by the IMF Executive Board in June 2024 (see PR24/232). The authorities have consented to the publication of the Staff Report prepared for this review.[1]

    The completion of the reviews allows for the immediate disbursement of SDR 36.66 million (about US$50 million) under the ECF arrangement and of SDR 40.732 million (about US$56 million) under the RSF arrangement.

    Madagascar has been hit by a myriad of shocks this year, including weather-related events and the dual external shock of ODA reduction (by about 1 percent of GDP) and U.S. tariff hike (47 percent initially). These developments would take a toll on growth, considering the country’s high dependence on external financial support and the exposure of its vanilla sector and textile industry to the U.S. market. Growth in 2025 would be lower-than-previously expected at 4 percent.

    The current account deficit widened to 5.4 percent of GDP in 2024, due to continued weak performance in some mining subsectors; it is expected to widen further (to 6.1 percent of GDP) this year, amidst challenging prospects in the textile industry and the vanilla sector.

    Program performance has been satisfactory, with all end-December 2024 quantitative performance criteria and three out of four indicative targets having been met. M3 growth was within the bands of the Monetary Policy Consultation Clause. All but one structural benchmark for the review period were also met. On the RSF front, a new forest carbon framework that promotes private sector participation in the reforestation was adopted and the National Contingency Fund for disaster risk management was operationalized.

    At the conclusion of the Executive Board discussion, Mr. Nigel Clarke, Deputy Managing Director, and Acting Chair, made the following statement:

    “Performance improved gradually over the first half year of the program, following delays related to mayoral elections; all but one of the end-December 2024 quantitative targets were met, and notable progress was achieved in the structural reform agenda. Recent weather-related and external shocks call for spending reprioritization, deliberate contingency planning in budget execution, and letting the exchange rate act as a shock absorber.

    “The recent adoption of a recovery plan for the public utilities company (JIRAMA) is a step in the right direction. Its swift implementation will help address pervasive disruptions in the provision of electricity to households and businesses, while limiting calls on the State budget. The continued implementation of the automatic fuel pricing mechanism will also help contain fiscal risks with targeted measures to support the most vulnerable.

    “Pressing ahead with domestic revenue mobilization efforts and enhancing public financial management and the public investment process remain key to fiscal sustainability. Early preparations for the 2026 budget will allow for stronger buy-in from domestic stakeholders; the budget should be anchored in a well-articulated medium-term fiscal strategy that accounts for the implementation of JIRAMA’s recovery plan and creates space for critical development spending.

    “While inflation has receded slightly from its January peak, the central bank (BFM) should not loosen monetary policy until inflation is on a firm downward path. Further improvements in liquidity management, forecasting and communication will strengthen the implementation of the BFM’s interest-based monetary policy framework. Maintaining a flexible exchange rate will help absorb external shocks.

    “A swift implementation of the authorities’ anti-corruption strategy (2025-2030), together with a homegrown action plan for implementing key recommendations from the IMF Governance Diagnostic Assessment (GDA), will improve transparency and the rule of law, support the authorities fight against corruption and protect the public purse.

    “The authorities’ continued commitment to their reform agenda under the Resilience and Sustainability Facility (RSF) will support climate adaptation in Madagascar and complement the Extended Credit Facility (ECF) in fostering overall socio-economic resilience.”

    Table. Madagascar: Selected Economic Indicators

    2022

    2023

    2024

    2025

    2026

    Est.

    Proj.

    (Percent change; unless otherwise indicated)

    National Account and Prices

    GDP at constant prices

    4.2

    4.2

    4.2

    4.0

    4.0

    GDP deflator

    9.6

    7.5

    7.6

    8.3

    7.0

    Consumer prices (end of period)

    10.8

    7.5

    8.6

    8.3

    7.3

    Money and Credit

    Broad money (M3)

    13.8

    8.6

    14.6

    13.7

    8.7

    (Growth in percent of beginning-of-period money stock (M3))

    Net foreign assets

    0.8

    18.2

    9.8

    1.5

    1.4

    Net domestic assets

    13.0

    -9.7

    4.8

    12.2

    7.4

    of which: Credit to the private sector

    9.8

    0.7

    5.6

    6.0

    6.2

    (Percent of GDP)

    Public Finance

    Total revenue (excluding grants)

    9.5

    11.5

    11.4

    11.2

    12.0

    of which: Tax revenue

    9.2

    11.2

    10.9

    10.7

    11.7

    Grants

    1.3

    2.3

    2.3

    0.7

    0.4

    Total expenditures

    16.2

    17.9

    16.2

    15.7

    16.5

    Current expenditure

    10.8

    10.9

    9.6

    9.7

    9.5

    Capital expenditure

    5.4

    7.0

    6.6

    6.0

    7.0

    Overall balance (commitment basis)

    -5.5

    -4.2

    -2.6

    -3.9

    -4.1

    Domestic primary balance1

    -1.8

    -0.3

    1.3

    0.3

    1.4

    Primary balance

    -4.9

    -3.5

    -1.9

    -2.9

    -3.0

    Total financing

    4.7

    4.2

    2.7

    4.3

    4.3

    Foreign borrowing (net)

    2.4

    3.0

    2.6

    3.5

    3.7

    Domestic financing

    2.2

    1.2

    0.1

    0.8

    0.5

    Fiscal financing need2

    0.0

    0.0

    0.0

    0.0

    0.0

    Savings and Investment

    Investment

    21.8

    19.9

    22.2

    23.1

    24.2

    Gross national savings

    16.8

    15.9

    16.9

    17.0

    18.2

    External Sector

    Exports of goods, f.o.b.

    23.0

    19.5

    14.8

    13.5

    13.2

    Imports of goods, c.i.f.

    33.8

    28.0

    26.4

    25.7

    25.5

    Current account balance (exc. grants)

    -6.6

    -6.3

    -8.1

    -6.8

    -6.4

    Current account balance (inc. grants)

    -5.4

    -4.1

    -5.4

    -6.1

    -6.0

    Public Debt

    50.0

    52.7

    50.3

    50.9

    52.2

    External Public Debt (inc. BFM liabilities)

    36.1

    37.8

    36.7

    38.5

    40.4

    Domestic Public Debt

    13.9

    14.8

    13.6

    12.4

    11.7

    (Units as indicated)

    Gross official reserves (millions of SDRs)

    1,601

    1,972

    2,189

    2,297

    2,337

    Months of imports of goods and services

    4.2

    5.7

    6.2

    6.2

    6.0

    GDP per capita (U.S. dollars)

    529

    533

    569

    596

    621

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

    1. Primary balance excl. foreign-financed investment and grants.

    2. A negative value indicates a financing gap to be filled by budget support or other financing still to be committed or identified.

    [1] Under the IMF’s Articles of Agreement, publication of documents that pertain to member countries is voluntary and requires the member consent. The staff report will be shortly published on the www.imf.org/MDG page.

    – on behalf of International Monetary Fund (IMF).

    MIL OSI Africa –

  • MIL-OSI Africa: Cameroon’s hidden green treasures unveiled in a book

    Source: APO – Report:

    .

    In a powerful moment for conservation, the book “Important Plant Areas of Cameroon” was officially launched on 18 June during UK – Cameroon Climate Week. This groundbreaking publication reveals a stunning yet sobering reality: over 850 endangered plant species are spread across 49 critical biodiversity hotspots in Cameroon.

    Co-authored by experts from Cameroon’s Institute of Agricultural Research for Development (IRAD) National Herbarium, and the Royal Botanic Gardens, Kew, the book positions Cameroon as Africa’s most tropically diverse nation. From lush rainforests to arid deserts, the country’s ecosystems are as varied as they are vital. Yet, this rich biodiversity faces mounting threats. 10% of Cameroon’s plant species are now endangered, and the country holds the highest number of threatened trees on the continent.

    The culprits? Expanding mining operations, aggressive logging, and the relentless spread of palm oil plantations are rapidly eroding Cameroon’s forests. These activities not only endanger plant life but also jeopardize the ecological balance of the entire Congo Basin.

    British High Commissioner Matt Woods used the book’s launch to spotlight Cameroon’s critical role in global climate discussions. He urged the international community to amplify Cameroon’s voice at major forums like COP30 and called for stronger global support to safeguard the Congo Basin’s irreplaceable biodiversity.

    Speaking during the book launch, the representative of Royal Botanical Gardens in Kew, Prof. Philip Stevenson said: “It’s been a fantastic week of new collaboration. We’ve been working with IRAD National Herbarium and developing opportunities to extend our reach and do more work here in Cameroon.”

    This book is more than a catalogue of rare plants; it is a call to action. As the world grapples with climate change and biodiversity loss, Cameroon’s green treasures remind us of what’s at stake and what we still have the power to protect.

    – on behalf of British High Commission – Yaounde.

    MIL OSI Africa –

  • MIL-OSI USA: Amidst Increased ICE Activity in California, Attorney General Issues Alert: Housing Discrimination Against Immigrant Communities is Illegal

    Source: US State of California

    Californians can send complaints or tips related to housing to housing@doj.ca.gov 

    OAKLAND — California Attorney General Rob Bonta today issued a consumer alert reminding Californians that it is against the law for landlords to discriminate against tenants, retaliate against tenants, or influence tenants to move out by threatening to disclose a tenant’s immigration status to ICE or law enforcement. Especially as the federal administration carries out its inhumane campaign of mass deportation and creates a culture of fear and mistrust, it is crucial that landlords and tenants understand their obligations and rights under California law. 

    “Families across the country are experiencing fear and uncertainly as a result of President Trump’s inhumane immigration agenda. Today, I remind landlords that it is illegal in California to discriminate against tenants or to harass or retaliate against a tenant by disclosing their immigration status to law enforcement,” said Attorney General Bonta. “California tenants — no matter their immigration status — have a right to safe housing and to access housing documents in a language they can understand. I will use the full force of my office to go after those who seek to take advantage of California tenants during an already challenging time.” 

    Housing discrimination is illegal in California. It is illegal for landlords to discriminate against tenants based on race, national origin, sexual orientation, religion, gender identity or expression, disability status, familial status, source of income (including rental assistance such as Section 8 vouchers), veteran status, or certain other protected characteristics (Gov. Code § 12955.)

    Private housing providers cannot inquire about a tenant’s or applicant’s citizenship or immigration status and cannot discriminate on the basis of immigration status, citizenship, or primary language. For example, landlords cannot refuse to rent to a potential tenant, say that a rental is not available for rent when it is available, charge a tenant more rent, target a tenant for eviction, or provide a tenant with less favorable rental terms based on these characteristics (Civil Code § 1940.3(b); Gov. Code § 12955(d); Civil Code § 51.)

    Landlords are never allowed to harass or retaliate against a tenant by disclosing their immigration status to law enforcement (Civil Code §§ 1940.3(b), 1942.5.) Landlords also cannot threaten to disclose a tenant’s immigration status in order to pressure a tenant to move out. (Civil Code § 1940.2.)  In most cases, landlords are not allowed to ask a tenant or potential tenant their immigration or citizenship status.

    Tenants have the right to housing documents in a langauge they can understand. Under California law, if a residential lease for longer than one month is negotiated primarily in Spanish, Chinese, Tagalog, Vietnamese, or Korean, the landlord must provide the tenant with a written translation of the lease in that language before the lease is signed. (Civil Code § 1632(b).) Later documents making substantial changes to the lease, such as notices of rent increases or fee increases, must also be translated. (Civil Code § 1632(g)(1).)

    Landlords who violate these laws may be required to pay tenants for damages, penalties, and attorney’s fees. For example, a landlord who discloses a tenant’s immigration status to any immigration authority may be ordered to pay the tenant statutory damages equal to 6 to 12 times the monthly rent (Civil Code § 1940.35(b).) Tenants have an array of other rights and protections under California law. Some cities and counties also have additional renter protections, including limitations on evictions and rent increases. For more information, please visit https://oag.ca.gov/tenants. 

    Attorney General Bonta is committed to ensuring the rights of tenants in California are respected. Attorney General Bonta has held landlords accountable for violating California laws in Bakersfield, Marysville, and across California. Last month, Attorney General Bonta sued a group of property management and real estate holding companies owned by Mike Nijjar and members of his family. The Nijjar family and their related companies own and manage over 22,000 rental housing units statewide, primarily in low-income neighborhoods in Los Angeles, Riverside, San Bernardino, and Kern Counties — but also spanning up to Sacramento and San Joaquin Counties. The lawsuit alleges Nijjar’s companies egregiously violated numerous California laws by subjecting tenants to unsafe units, discriminating against applicants with Section 8 housing vouchers, overcharging some tenants for rent, using leases that deceive tenants about their legal rights, and refusing to provide Spanish translations of these leases despite intentionally soliciting Spanish-speaking tenants. 

    Anyone — including current or former tenants — who has information that might be relevant to this case are encouraged to share their stories with our office by going to oag.ca.gov/report. To learn more about your rights as a tenant, please visit here.  

    Californians who are facing eviction or believe their landlord has violated their tenant rights should seek legal help immediately. If you cannot afford a lawyer, you may qualify for free or low-cost legal aid. To find a legal aid office near where you live, visit lawhelpca.org and click on the “Find Legal Help” tab. If you do not qualify for legal aid and need help finding a lawyer, visit the California State Bar webpage to find a local certified lawyer referral service, or visit the California Courts’ webpage for tenants facing evictions. 

    MIL OSI USA News –

  • MIL-OSI Security: Coast Guard District 14 renamed to Coast Guard Oceania District

    Source: United States Coast Guard

     

    07/03/2025 03:59 PM EDT

    HONOLULU — The U.S. Coast Guard today announced the renaming of its operational districts from numerical to geographic designations, a key initiative under Force Design 2028 (FD2028). Within this Service-wide renaming initiative, Coast Guard District Fourteen will now be known as Coast Guard Oceania District.

    For breaking news follow us on twitter @USCGHawaiiPac

    MIL Security OSI –

  • MIL-OSI Security: Coast Guard District 14 renamed to Coast Guard Oceania District

    Source: United States Coast Guard

     

    07/03/2025 03:59 PM EDT

    HONOLULU — The U.S. Coast Guard today announced the renaming of its operational districts from numerical to geographic designations, a key initiative under Force Design 2028 (FD2028). Within this Service-wide renaming initiative, Coast Guard District Fourteen will now be known as Coast Guard Oceania District.

    For breaking news follow us on twitter @USCGHawaiiPac

    MIL Security OSI –

  • MIL-OSI Security: Coast Guard District 17 renamed to U.S. Coast Guard Arctic District

    Source: United States Coast Guard

    News Release

    		  

    U.S. Coast Guard 17th District Alaska
    Contact: 17th District Public Affairs
    Office: (907) 463-2065
    After Hours: (907) 463-2065
    17th District online newsroom

     

    07/03/2025 03:53 PM EDT

    JUNEAU, Alaska — The U.S. Coast Guard today announced the renaming of its operational districts from numerical to geographic designations, a key initiative under Force Design 2028 (FD2028). Within this Service-wide renaming initiative, Coast Guard District 17 will now be known as U.S. Coast Guard Arctic District.

    MIL Security OSI –

  • MIL-OSI Security: Coast Guard District 17 renamed to U.S. Coast Guard Arctic District

    Source: United States Coast Guard

    News Release

    		  

    U.S. Coast Guard 17th District Alaska
    Contact: 17th District Public Affairs
    Office: (907) 463-2065
    After Hours: (907) 463-2065
    17th District online newsroom

     

    07/03/2025 03:53 PM EDT

    JUNEAU, Alaska — The U.S. Coast Guard today announced the renaming of its operational districts from numerical to geographic designations, a key initiative under Force Design 2028 (FD2028). Within this Service-wide renaming initiative, Coast Guard District 17 will now be known as U.S. Coast Guard Arctic District.

    MIL Security OSI –

  • MIL-OSI Security: Media Advisory: Coast Guard to hold Arctic District change of command ceremony in Juneau, Alaska

    Source: United States Coast Guard

    News Release

    		  

    U.S. Coast Guard 17th District Alaska
    Contact: 17th District Public Affairs
    Office: (907) 463-2065
    After Hours: (907) 463-2065
    17th District online newsroom

     

    07/03/2025 03:51 PM EDT

    JUNEAU, Alaska — The Coast Guard is scheduled to hold a change of command ceremony Friday for the Coast Guard Arctic District commander at the Air National Guard Hangar in Juneau.

    MIL Security OSI –

  • MIL-OSI Security: Coast Guard District 7 renamed to Coast Guard Southeast District

    Source: United States Coast Guard

    U.S. Coast Guard sent this bulletin at 07/03/2025 04:15 PM EDT

    News Release  

    U.S. Coast Guard 7th District PA Detachment Jacksonville
    Contact: Coast Guard PA Detachment Jacksonville
    Office: 904-714-7606/7607
    After Hours: 786-393-4138
    PA Detachment Jacksonville online newsroom

     

    07/03/2025 03:11 PM EDT

    MIAMI — The U.S. Coast Guard announced, Thursday, the renaming of its operational districts from numerical to geographic designations, a key initiative under Force Design 2028 (FD2028). Within this Service-wide renaming initiative, Coast Guard District 7 will now be known as Coast Guard Southeast District.

    MIL Security OSI –

  • MIL-OSI Security: Coast Guard District 8 renamed to Heartland District

    Source: United States Coast Guard

    News Release  

    U.S. Coast Guard 8th District Heartland
    Contact: 8th District Public Affairs
    Office: 504-671-2020
    After Hours: 618-225-9008
    Eighth District online newsroom

     

    Port conditions change based on weather forecasts, and current port conditions can be viewed on the following Coast Guard homeport webpages:

    For more information follow us on Facebook and Twitter.

    MIL Security OSI –

  • MIL-OSI Security: Coast Guard District 8 renamed to Heartland District

    Source: United States Coast Guard

    News Release  

    U.S. Coast Guard 8th District Heartland
    Contact: 8th District Public Affairs
    Office: 504-671-2020
    After Hours: 618-225-9008
    Eighth District online newsroom

     

    Port conditions change based on weather forecasts, and current port conditions can be viewed on the following Coast Guard homeport webpages:

    For more information follow us on Facebook and Twitter.

    MIL Security OSI –

  • MIL-OSI: Surgent CPE Announces First-to-Market CPE Webinars Covering One Big Beautiful Bill Act (OBBBA) Tax Reform

    Source: GlobeNewswire (MIL-OSI)

    Industry-leading courses provide timely analysis of major new tax law for accounting and finance professionals

    RADNOR, Pa., July 03, 2025 (GLOBE NEWSWIRE) — Surgent CPE, a recognized leader in continuing professional education for accounting and finance professionals, announced today the immediate availability of two new CPE webinars providing in-depth coverage of the One Big Beautiful Bill Act (OBBBA) just moments after the House’s passage of the bill and its advancement to the president’s desk.

    OBBBA represents the most sweeping tax law since the 2017 Tax Cuts and Jobs Act, and Surgent’s new offerings give professionals a practical, expert-led opportunity to understand both the individual and business tax impacts of the legislation.

    “We know that timely, practical CPE is mission-critical when landmark legislation like the One Big Beautiful Bill Act changes the tax landscape,” said Elizabeth Kolar, executive vice president and managing director of Surgent. “Our new webinars ensure professionals can quickly get up to speed, confidently advise clients, and earn valuable CPE credits at the same time.”

    Two Distinct, In-Depth OBBBA CPE Webinars

    Each live, instructor-led session is worth four CPE credits and may be taken independently. Both webinars are included in Surgent’s Unlimited PLUS subscription or are available for purchase individually.

    “OBBBA will affect tax planning for years to come. Practitioners need more than just the basics—they need real-world insight into how the provisions will impact their clients,” said Nick Spoltore, vice president of tax and advisory content at Surgent. “Our expert team is committed to going beyond the surface, delivering first-to-market, actionable content as new laws become reality.”

    Webinar Details

    Surgent will continue to provide practitioners with timely updates and clarifications as additional guidance and regulations emerge.

    For more information or to register for the new OBBBA CPE webinars, visit SurgentCPE.com.

    About Surgent Accounting & Financial Education
    Surgent Accounting & Financial Education, a division of KnowFully Learning Group, is a provider of high-impact education that accounting, tax, and financial professionals need throughout their careers. For most of the company’s 40-year history, Surgent has been a trusted provider of continuing professional education (CPE), continuing education (CE), and skill-based training that professionals need to maintain their credentials and stay current on industry changes. More recently, Surgent became one of the fastest-growing certification exam review providers, offering predictive AI-based courses that help learners pass accounting and finance credentialing exams faster. Learn more at Surgent.com.

    About KnowFully Learning Group
    The KnowFully Learning Group provides continuing professional education, exam preparation courses and education resources to the accounting, finance and healthcare sectors. KnowFully’s suite of learning solutions helps learners become credentialed, satisfy required credit hours to maintain credentials and stay informed on the latest trends and critical changes in their industries over the course of their careers. The company provides exam preparation and continuing education for accounting, finance and tax professionals headlined by the Surgent Accounting & Financial Education brand. KnowFully’s healthcare education brands include American Fitness Professionals & Associates, ChiroCredit, freeCE, Impact EMS Training, Online CE, PharmCon, Rx Consultant and Psychotherapy.net. For more information, please visit KnowFully.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/08e065d2-75f9-41cd-a539-706963db7ed9

    The MIL Network –

  • MIL-OSI: Linkage Global Inc Announces First Half 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    TOKYO, July 03, 2025 (GLOBE NEWSWIRE) — Linkage Global Inc (“Linkage Cayman”, or the “Company”), a cross-border e-commerce integrated services provider headquartered in Japan, today announced its unaudited financial results for the six months ended March 31, 2025.

    First Half 2025 Selected Financial Metrics

    • Total revenues decreased by approximately $1.30 million to approximately $3.50 million for the six months ended March 31, 2025, compared to approximately $4.80 million for the same period of 2024.
    • Gross profit increased by approximately $1.99 million to $2.70 million for the six months ended March 31, 2025, from approximately $0.71 million for the same period of 2024. Cross-border sales margin improved from 12.70% to 21.31%, while integrated e-commerce services margin rose from 50.67% to 93.56% during the same period.
    • Net loss increased from approximately $1.41 million for the six months ended March 31, 2024 to approximately $3.09 million for the six months ended March 31, 2025.

    First Half 2025 Financial Results

    Revenues

    Total revenues declined by approximately $1.30 million, or 27.02%, from approximately $4.80 million for the six months ended March 31, 2024, to approximately $3.50 million for the same period of 2025, mainly due to a sharp drop in cross-border sales.

    Revenues from cross-border sales fell by approximately $3.74 million, or 82.35%, from approximately $4.54 million for the six months ended March 31, 2024 to approximately $0.80 million for the six months ended March 31, 2025. EXTEND, our Japanese subsidiary, contributed $0.43 million or 12.32% of total revenue, down 87.66% year-over-year. This decline was driven by poor market response to its 3C electronics product strategy. In response, the Company shifted focus to higher-margin, fully managed e-commerce services and reallocated staff accordingly. The cross-border business is now being restructured, with new product selections and the Company plans to explore TikTok store and livestream sales in Japan.

    Revenues from Integrated e-commerce services surged by $2.44 million, or 930.08%, from approximately $0.26 million to $2.70 million for the six months ended March 31, 2025, largely due to the launch of fully managed e-commerce operations in 2025. This new model, contributing $2.59 million in revenue and $2.46 million in gross profit, involves end-to-end store management for merchants, with fees based on gross merchandize volume (GMV).

    Revenues from digital marketing dropped from approximately $0.13 million for the six months ended March 31, 2024 to approximately $0.08 million for the six months ended March 31, 2025, after ending the Google partnership in January 2025 and beginning deregistration in April. Revenues from training and consulting, TikTok agent services declined by $0.10 million, or 75.25%, from $0.13 million to $0.03 million.

    Cost of Revenues

    Cost of revenues fell 80.34%, from approximately $4.09 million for the six months ended March 31, 2024, to approximately $0.80 million for the same period in 2025. This was mainly due to a sharp drop in cross-border sales costs, which declined $3.33 million, or 84.09%, from $3.96 million to $0.63 million, reflecting reduced procurement in line with lower sales. In contrast, costs for integrated e-commerce services rose $0.04 million, or 34.55%, from $0.13 million to $0.17 million. Of this, $0.13 million was related to the new fully managed e-commerce business, primarily covering staff salaries. Commission costs declined due to the termination of related services.

    Gross Profit        

    Gross profit increased by approximately $1.99 million, or 280.57%, from approximately $0.71 million to approximately $2.70 million, mainly driven by the new fully managed e-commerce business, which contributed $2.46 million in profit with a 95.12% margin. The high margin was due to low operating costs, mostly staff salaries, with no enterprise resource planning development expenses in the current period as they were previously recognized. Cross-border sales margin improved from 12.70% to 21.31% due to a shift toward higher-margin products. Integrated e-commerce services margin rose from 50.67% to 93.56%, also driven by the new business model.

    Operating Expenses

    Operating expenses rose by 91.01%, from approximately $2.27 million to approximately $4.34 million, mainly due to higher general and administrative expenses, which increased 123.94%, from $1.74 million to $3.90 million for the six months ended March 31, 2025, which was primarily attributable to the allowance for credit loss, stock-based compensation and post-IPO financial and legal consulting fees.

    Selling and marketing expenses dropped 31.15%, from approximately $0.23 million to approximately $0.16 million, due to lower freight and advertising costs, as well as lower marketing and promotion expenses.

    Research and development expenses declined 7.87%, from approximately $0.30 million to approximately $0.27 million, as ERP development staff shifted to operational roles and their salaries were reclassified under business costs.

    Other Expenses

    Other expenses mainly include non-operating income and interest expenses, net. Non-operating income rose from $998 to approximately $0.39 million. Net interest expenses increased significantly from approximately $0.06 million to approximately $1.50 million, mainly due to the issuance of $10 million in convertible bonds in October 2024, with an actual interest rate of 42.52%, generating $1.56 million in interest expenses during the reporting period.

    Income Tax (Provision)/Benefit

    Income tax (provision) /benefit decreased by approximately $0.56 million, from approximately $0.02 million of tax benefit for the six months ended March 31, 2024 to approximately $0.34 million of tax expenses for the six months ended March 31, 2025. This decrease was primarily attributable to net profit for the fully managed e-commerce operation services with a tax rate of 16.5%.

    Net Loss

    As a result, net loss increased by approximately $1.68 million, or 119.62%, from approximately $1.41 million to approximately $3.09 million.

    About Linkage Global Inc

    Linkage Global Inc is a holding company incorporated in the Cayman Islands with no operations of its own. Linkage Cayman conducts its operations through its operating subsidiaries in Japan, Hong Kong, and mainland China. As a cross-border e-commerce integrated services provider headquartered in Japan, through its operating subsidiaries, the Company has developed a comprehensive service system comprised of two lines of business complementary to each other, including (i) cross-border sales and (ii) integrated e-commerce services. For more information, please visit www.linkagecc.com.

    Safe Harbor Statement

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. 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, except as may be required by law. 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 in the Company’s annual reports on Form 20-F and other filings with the U.S. Securities and Exchange Commission.

    For more information, please contact:

    Investor Relations

    WFS Investor Relations Inc.

    Connie Kang, Partner

    Email: ckang@wealthfsllc.com

    Tel: +86 1381 185 7742

       
    Linkage Global Inc
    UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS
    AS OF MARCH 31, 2025 AND SEPTEMBER 30, 2024
    (In U.S. dollars, except for share and per share data, or otherwise noted)    		  
       
        As of
    March 31,
    2025    		     As of
    September 30,
    2024    		  
        USD  
    ASSETS            
    Current assets            
    Cash and cash equivalents     328,081       2,000,732  
    Accounts receivable, net     6,405,486       6,302,696  
    Inventories, net     35,675       66,331  
    Deposits paid to media platforms     —       482,650  
    Prepaid expenses and other current assets, net     1,625,517       2,689,581  
    Amount due from related parties     1,243,450       —  
    Short-term loan to third party     8,993,306       410,000  
    Interest receivable from loan to third party     386,261       —  
    Total current assets     19,017,776       11,951,990  
                     
    Non-current assets                
    Property and equipment, net     50,594       85,807  
    Right-of-use assets, net     516,167       653,730  
    Total non-current assets     566,761       739,537  
    TOTAL ASSETS     19,584,537       12,691,527  
                     
    LIABILITIES AND SHAREHOLDERS’ EQUITY                
    Current liabilities                
    Accounts payable     324,069       624,723  
    Accrued expenses and other current liabilities     303,413       236,813  
    Short-term debts     —       32,810  
    Current portion of long-term debts     243,557       428,702  
    Contract liabilities     208,483       533,625  
    Amounts due to related parties     —       314,544  
    Lease liabilities – current     203,600       231,978  
    Convertible notes     7,884,325       964,865  
    Interest payable of convertible notes     1,555,689       —  
    Income tax payable     850,866       1,017,619  
    Total current liabilities     11,574,002       4,385,679  
                     
    Non-current liabilities                
    Long-term debts     734,023       839,560  
    Lease liabilities – non-current     334,973       441,504  
    Total non-current liabilities     1,068,996       1,281,064  
    Total liabilities     12,642,998       5,666,743  
                     
    Commitments and contingencies (Note 21)                
                     
    Shareholders’ equity                
    Class A ordinary shares (par value of US$0.0025 per share; 998,000,000 ordinary shares authorized, 3,080,000 and 2,150,000 ordinary shares issued and outstanding as of March 31, 2025 and September 30, 2024, respectively) *     7,700       5,375  
    Class B ordinary shares (par value of US$0.0025 per share; 2,000,000 ordinary shares authorized, 700,000 and nil ordinary shares issued and outstanding as of March 31, 2025 and September 30, 2024, respectively) *     1,750       —  
    Additional paid in capital     8,564,021       5,591,596  
    Treasury Shares     (500 )     —  
    Statutory reserve     11,348       11,348  
    Retained earnings     (1,474,142 )     1,613,217  
    Accumulated other comprehensive loss     (168,638 )     (196,752 )
    Total shareholders’ equity     6,941,539       7,024,784  
    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY     19,584,537       12,691,527  
       
    Linkage Global Inc
    UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
    FOR THE SIX MONTHS ENDED MARCH 31, 2025 AND 2024
    (In U.S. dollars, except for share and per share data, or otherwise noted)    		  
       
        For the six months ended
    March 31,    		  
        2025     2024  
        USD  
    Revenues     3,501,947       4,798,363  
    Cost of revenues     (804,142 )     (4,089,486 )
    Gross profit     2,697,805       708,877  
                     
    Operating expenses                
    General and administrative expenses     (3,904,027 )     (1,743,309 )
    Selling and marketing expenses     (157,637 )     (228,956 )
    Research and development expenses     (274,371 )     (297,811 )
    Total operating expenses     (4,336,035 )     (2,270,076 )
    Operating loss     (1,638,230 )     (1,561,199 )
                     
    Other expenses                
    Interest expenses, net     (1,496,504 )     (60,726 )
    Other non-operating income     387,816       998  
    Total other expenses     (1,108,688 )     (59,728 )
                     
    Loss before income taxes     (2,746,918 )     (1,620,927 )
    Income tax (provision)/ benefit     (340,441 )     215,161  
    Net loss     (3,087,359 )     (1,405,766 )
    Net loss attributable to the Company’s ordinary shareholders     (3,087,359 )     —  
    Other comprehensive income/(loss)                
    Foreign currency translation adjustment     28,114       (10,107 )
    Total comprehensive loss attributable to the Company’s ordinary shareholders     (3,059,245 )     (1,415,873 )
                     
    Loss per ordinary share attributable to ordinary shareholders                
    Basic and Diluted*     (0.90 )     (0.67 )
    Weighted average number of ordinary shares outstanding                
    Basic and Diluted*     3,415,533       2,084,890  
       
    Linkage Global Inc
    UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    FOR THE SIX MONTHS ENDED MARCH 31, 2025 AND 2024
    (In U.S. dollars, except for share and per share data, or otherwise noted)    		  
       
        For the six months ended
    March 31,    		  
        2025     2024  
        USD  
    CASH FLOWS FROM OPERATING ACTIVITIES:            
    Net loss     (3,087,359 )     (1,405,766 )
                     
    Adjustments to reconcile net loss to net cash used in operating activities:                
    Effect of exchange rate changes     202,551       1,184  
    Allowance for credit loss     1,344,218       568,229  
    Interest payable of convertible notes     1,555,689       —  
    Interest receivable from loan to third party     (386,261 )     —  
    Stock-Based Compensation     1,209,000       —  
    Depreciation     22,205       40,959  
    Amortization of lease right-of-use assets     114,791       110,229  
    Inventory provision     4,328       2,203  
    Deferred tax benefits     —       (216,713 )
    Changes in operating assets and liabilities:                
    Accounts receivable, net     (1,649,559 )     (725,166 )
    Prepaid expenses and other current assets, net     (261,232 )     (3,233,957 )
    Inventories, net     26,328       539,517  
    Accounts payable     (300,654 )     (320,628 )
    Contract liabilities     (325,142 )     25,350  
    Accrued expenses and other current liabilities     66,600       (5,188 )
    Amounts due from related parties     341,426       —  
    Amounts due to related parties     (314,238 )     (16,189 )
    Tax payable     (166,753 )     928,135  
    Operating lease liabilities     (134,909 )     (103,326 )
    Net cash used in operating activities     (1,738,971 )     (3,811,127 )
                     
    Cash flow from investing activities                
    Repayments of loan to a related party     (99,876 )     —  
    Loan to third party     (8,640,000 )     —  
    Net cash used in investing activities     (8,739,876 )     —  
                     
    Cash flow from financing activities                
    Proceeds from issuance of Class A ordinary shares upon the completion of IPO     —       5,356,792  
    Proceeds from Issuance of convertible notes     9,002,368       —  
    Proceeds from short-term debts     —       132,258  
    Repayments of short-term debts     (32,810 )     (33,726 )
    Repayments of long-term debts     (124,959 )     (179,420 )
    Repayments of other long-term debts     (108,037 )     (878,962 )
    Payments of listing expenses     —       (150,606 )
    Net cash provided by financing activities     8,736,562       4,246,336  
    Effect of exchange rate changes     69,634       (58,969 )
    Net change in cash and cash equivalents     (1,672,651 )     376,240  
    Cash and cash equivalents, beginning of the period     2,000,732       1,107,480  
    Cash and cash equivalents, end of the period     328,081       1,483,720  
                     
    Supplemental disclosures of cash flow information:                
    Income tax paid     —       150,124  
    Interest expense paid     33,056       65,901  
                     
    Supplemental disclosures of non-cash activities:                
    Obtaining right-of-use assets in exchange for operating lease liabilities     155,160       147,083  

    The MIL Network –

  • MIL-OSI: Linkage Global Inc Announces First Half 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    TOKYO, July 03, 2025 (GLOBE NEWSWIRE) — Linkage Global Inc (“Linkage Cayman”, or the “Company”), a cross-border e-commerce integrated services provider headquartered in Japan, today announced its unaudited financial results for the six months ended March 31, 2025.

    First Half 2025 Selected Financial Metrics

    • Total revenues decreased by approximately $1.30 million to approximately $3.50 million for the six months ended March 31, 2025, compared to approximately $4.80 million for the same period of 2024.
    • Gross profit increased by approximately $1.99 million to $2.70 million for the six months ended March 31, 2025, from approximately $0.71 million for the same period of 2024. Cross-border sales margin improved from 12.70% to 21.31%, while integrated e-commerce services margin rose from 50.67% to 93.56% during the same period.
    • Net loss increased from approximately $1.41 million for the six months ended March 31, 2024 to approximately $3.09 million for the six months ended March 31, 2025.

    First Half 2025 Financial Results

    Revenues

    Total revenues declined by approximately $1.30 million, or 27.02%, from approximately $4.80 million for the six months ended March 31, 2024, to approximately $3.50 million for the same period of 2025, mainly due to a sharp drop in cross-border sales.

    Revenues from cross-border sales fell by approximately $3.74 million, or 82.35%, from approximately $4.54 million for the six months ended March 31, 2024 to approximately $0.80 million for the six months ended March 31, 2025. EXTEND, our Japanese subsidiary, contributed $0.43 million or 12.32% of total revenue, down 87.66% year-over-year. This decline was driven by poor market response to its 3C electronics product strategy. In response, the Company shifted focus to higher-margin, fully managed e-commerce services and reallocated staff accordingly. The cross-border business is now being restructured, with new product selections and the Company plans to explore TikTok store and livestream sales in Japan.

    Revenues from Integrated e-commerce services surged by $2.44 million, or 930.08%, from approximately $0.26 million to $2.70 million for the six months ended March 31, 2025, largely due to the launch of fully managed e-commerce operations in 2025. This new model, contributing $2.59 million in revenue and $2.46 million in gross profit, involves end-to-end store management for merchants, with fees based on gross merchandize volume (GMV).

    Revenues from digital marketing dropped from approximately $0.13 million for the six months ended March 31, 2024 to approximately $0.08 million for the six months ended March 31, 2025, after ending the Google partnership in January 2025 and beginning deregistration in April. Revenues from training and consulting, TikTok agent services declined by $0.10 million, or 75.25%, from $0.13 million to $0.03 million.

    Cost of Revenues

    Cost of revenues fell 80.34%, from approximately $4.09 million for the six months ended March 31, 2024, to approximately $0.80 million for the same period in 2025. This was mainly due to a sharp drop in cross-border sales costs, which declined $3.33 million, or 84.09%, from $3.96 million to $0.63 million, reflecting reduced procurement in line with lower sales. In contrast, costs for integrated e-commerce services rose $0.04 million, or 34.55%, from $0.13 million to $0.17 million. Of this, $0.13 million was related to the new fully managed e-commerce business, primarily covering staff salaries. Commission costs declined due to the termination of related services.

    Gross Profit        

    Gross profit increased by approximately $1.99 million, or 280.57%, from approximately $0.71 million to approximately $2.70 million, mainly driven by the new fully managed e-commerce business, which contributed $2.46 million in profit with a 95.12% margin. The high margin was due to low operating costs, mostly staff salaries, with no enterprise resource planning development expenses in the current period as they were previously recognized. Cross-border sales margin improved from 12.70% to 21.31% due to a shift toward higher-margin products. Integrated e-commerce services margin rose from 50.67% to 93.56%, also driven by the new business model.

    Operating Expenses

    Operating expenses rose by 91.01%, from approximately $2.27 million to approximately $4.34 million, mainly due to higher general and administrative expenses, which increased 123.94%, from $1.74 million to $3.90 million for the six months ended March 31, 2025, which was primarily attributable to the allowance for credit loss, stock-based compensation and post-IPO financial and legal consulting fees.

    Selling and marketing expenses dropped 31.15%, from approximately $0.23 million to approximately $0.16 million, due to lower freight and advertising costs, as well as lower marketing and promotion expenses.

    Research and development expenses declined 7.87%, from approximately $0.30 million to approximately $0.27 million, as ERP development staff shifted to operational roles and their salaries were reclassified under business costs.

    Other Expenses

    Other expenses mainly include non-operating income and interest expenses, net. Non-operating income rose from $998 to approximately $0.39 million. Net interest expenses increased significantly from approximately $0.06 million to approximately $1.50 million, mainly due to the issuance of $10 million in convertible bonds in October 2024, with an actual interest rate of 42.52%, generating $1.56 million in interest expenses during the reporting period.

    Income Tax (Provision)/Benefit

    Income tax (provision) /benefit decreased by approximately $0.56 million, from approximately $0.02 million of tax benefit for the six months ended March 31, 2024 to approximately $0.34 million of tax expenses for the six months ended March 31, 2025. This decrease was primarily attributable to net profit for the fully managed e-commerce operation services with a tax rate of 16.5%.

    Net Loss

    As a result, net loss increased by approximately $1.68 million, or 119.62%, from approximately $1.41 million to approximately $3.09 million.

    About Linkage Global Inc

    Linkage Global Inc is a holding company incorporated in the Cayman Islands with no operations of its own. Linkage Cayman conducts its operations through its operating subsidiaries in Japan, Hong Kong, and mainland China. As a cross-border e-commerce integrated services provider headquartered in Japan, through its operating subsidiaries, the Company has developed a comprehensive service system comprised of two lines of business complementary to each other, including (i) cross-border sales and (ii) integrated e-commerce services. For more information, please visit www.linkagecc.com.

    Safe Harbor Statement

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. 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, except as may be required by law. 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 in the Company’s annual reports on Form 20-F and other filings with the U.S. Securities and Exchange Commission.

    For more information, please contact:

    Investor Relations

    WFS Investor Relations Inc.

    Connie Kang, Partner

    Email: ckang@wealthfsllc.com

    Tel: +86 1381 185 7742

       
    Linkage Global Inc
    UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS
    AS OF MARCH 31, 2025 AND SEPTEMBER 30, 2024
    (In U.S. dollars, except for share and per share data, or otherwise noted)    		  
       
        As of
    March 31,
    2025    		     As of
    September 30,
    2024    		  
        USD  
    ASSETS            
    Current assets            
    Cash and cash equivalents     328,081       2,000,732  
    Accounts receivable, net     6,405,486       6,302,696  
    Inventories, net     35,675       66,331  
    Deposits paid to media platforms     —       482,650  
    Prepaid expenses and other current assets, net     1,625,517       2,689,581  
    Amount due from related parties     1,243,450       —  
    Short-term loan to third party     8,993,306       410,000  
    Interest receivable from loan to third party     386,261       —  
    Total current assets     19,017,776       11,951,990  
                     
    Non-current assets                
    Property and equipment, net     50,594       85,807  
    Right-of-use assets, net     516,167       653,730  
    Total non-current assets     566,761       739,537  
    TOTAL ASSETS     19,584,537       12,691,527  
                     
    LIABILITIES AND SHAREHOLDERS’ EQUITY                
    Current liabilities                
    Accounts payable     324,069       624,723  
    Accrued expenses and other current liabilities     303,413       236,813  
    Short-term debts     —       32,810  
    Current portion of long-term debts     243,557       428,702  
    Contract liabilities     208,483       533,625  
    Amounts due to related parties     —       314,544  
    Lease liabilities – current     203,600       231,978  
    Convertible notes     7,884,325       964,865  
    Interest payable of convertible notes     1,555,689       —  
    Income tax payable     850,866       1,017,619  
    Total current liabilities     11,574,002       4,385,679  
                     
    Non-current liabilities                
    Long-term debts     734,023       839,560  
    Lease liabilities – non-current     334,973       441,504  
    Total non-current liabilities     1,068,996       1,281,064  
    Total liabilities     12,642,998       5,666,743  
                     
    Commitments and contingencies (Note 21)                
                     
    Shareholders’ equity                
    Class A ordinary shares (par value of US$0.0025 per share; 998,000,000 ordinary shares authorized, 3,080,000 and 2,150,000 ordinary shares issued and outstanding as of March 31, 2025 and September 30, 2024, respectively) *     7,700       5,375  
    Class B ordinary shares (par value of US$0.0025 per share; 2,000,000 ordinary shares authorized, 700,000 and nil ordinary shares issued and outstanding as of March 31, 2025 and September 30, 2024, respectively) *     1,750       —  
    Additional paid in capital     8,564,021       5,591,596  
    Treasury Shares     (500 )     —  
    Statutory reserve     11,348       11,348  
    Retained earnings     (1,474,142 )     1,613,217  
    Accumulated other comprehensive loss     (168,638 )     (196,752 )
    Total shareholders’ equity     6,941,539       7,024,784  
    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY     19,584,537       12,691,527  
       
    Linkage Global Inc
    UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
    FOR THE SIX MONTHS ENDED MARCH 31, 2025 AND 2024
    (In U.S. dollars, except for share and per share data, or otherwise noted)    		  
       
        For the six months ended
    March 31,    		  
        2025     2024  
        USD  
    Revenues     3,501,947       4,798,363  
    Cost of revenues     (804,142 )     (4,089,486 )
    Gross profit     2,697,805       708,877  
                     
    Operating expenses                
    General and administrative expenses     (3,904,027 )     (1,743,309 )
    Selling and marketing expenses     (157,637 )     (228,956 )
    Research and development expenses     (274,371 )     (297,811 )
    Total operating expenses     (4,336,035 )     (2,270,076 )
    Operating loss     (1,638,230 )     (1,561,199 )
                     
    Other expenses                
    Interest expenses, net     (1,496,504 )     (60,726 )
    Other non-operating income     387,816       998  
    Total other expenses     (1,108,688 )     (59,728 )
                     
    Loss before income taxes     (2,746,918 )     (1,620,927 )
    Income tax (provision)/ benefit     (340,441 )     215,161  
    Net loss     (3,087,359 )     (1,405,766 )
    Net loss attributable to the Company’s ordinary shareholders     (3,087,359 )     —  
    Other comprehensive income/(loss)                
    Foreign currency translation adjustment     28,114       (10,107 )
    Total comprehensive loss attributable to the Company’s ordinary shareholders     (3,059,245 )     (1,415,873 )
                     
    Loss per ordinary share attributable to ordinary shareholders                
    Basic and Diluted*     (0.90 )     (0.67 )
    Weighted average number of ordinary shares outstanding                
    Basic and Diluted*     3,415,533       2,084,890  
       
    Linkage Global Inc
    UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    FOR THE SIX MONTHS ENDED MARCH 31, 2025 AND 2024
    (In U.S. dollars, except for share and per share data, or otherwise noted)    		  
       
        For the six months ended
    March 31,    		  
        2025     2024  
        USD  
    CASH FLOWS FROM OPERATING ACTIVITIES:            
    Net loss     (3,087,359 )     (1,405,766 )
                     
    Adjustments to reconcile net loss to net cash used in operating activities:                
    Effect of exchange rate changes     202,551       1,184  
    Allowance for credit loss     1,344,218       568,229  
    Interest payable of convertible notes     1,555,689       —  
    Interest receivable from loan to third party     (386,261 )     —  
    Stock-Based Compensation     1,209,000       —  
    Depreciation     22,205       40,959  
    Amortization of lease right-of-use assets     114,791       110,229  
    Inventory provision     4,328       2,203  
    Deferred tax benefits     —       (216,713 )
    Changes in operating assets and liabilities:                
    Accounts receivable, net     (1,649,559 )     (725,166 )
    Prepaid expenses and other current assets, net     (261,232 )     (3,233,957 )
    Inventories, net     26,328       539,517  
    Accounts payable     (300,654 )     (320,628 )
    Contract liabilities     (325,142 )     25,350  
    Accrued expenses and other current liabilities     66,600       (5,188 )
    Amounts due from related parties     341,426       —  
    Amounts due to related parties     (314,238 )     (16,189 )
    Tax payable     (166,753 )     928,135  
    Operating lease liabilities     (134,909 )     (103,326 )
    Net cash used in operating activities     (1,738,971 )     (3,811,127 )
                     
    Cash flow from investing activities                
    Repayments of loan to a related party     (99,876 )     —  
    Loan to third party     (8,640,000 )     —  
    Net cash used in investing activities     (8,739,876 )     —  
                     
    Cash flow from financing activities                
    Proceeds from issuance of Class A ordinary shares upon the completion of IPO     —       5,356,792  
    Proceeds from Issuance of convertible notes     9,002,368       —  
    Proceeds from short-term debts     —       132,258  
    Repayments of short-term debts     (32,810 )     (33,726 )
    Repayments of long-term debts     (124,959 )     (179,420 )
    Repayments of other long-term debts     (108,037 )     (878,962 )
    Payments of listing expenses     —       (150,606 )
    Net cash provided by financing activities     8,736,562       4,246,336  
    Effect of exchange rate changes     69,634       (58,969 )
    Net change in cash and cash equivalents     (1,672,651 )     376,240  
    Cash and cash equivalents, beginning of the period     2,000,732       1,107,480  
    Cash and cash equivalents, end of the period     328,081       1,483,720  
                     
    Supplemental disclosures of cash flow information:                
    Income tax paid     —       150,124  
    Interest expense paid     33,056       65,901  
                     
    Supplemental disclosures of non-cash activities:                
    Obtaining right-of-use assets in exchange for operating lease liabilities     155,160       147,083  

    The MIL Network –

  • MIL-OSI: PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Third Fiscal Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 03, 2025 (GLOBE NEWSWIRE) — PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) announced that it will report results for the third fiscal quarter ended June 30, 2025 on Monday, August 11, 2025 after the close of the financial markets.

    The Company will also host a conference call at 9:00 a.m. (Eastern Time) on Tuesday, August 12, 2025 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-free (888) 394-8218 approximately 5-10 minutes prior to the call. International callers should dial (646) 828-8193. All callers should reference conference ID #5487696 or PennantPark Floating Rate Capital Ltd. An archived replay will also be available on a webcast link located on the Quarterly Earnings page in the Investor section of PennantPark’s website.

    ABOUT PENNANTPARK FLOATING RATE CAPITAL LTD.

    PennantPark Floating Rate Capital Ltd. is a business development company which primarily invests in U.S. middle-market private companies in the form of floating rate senior secured loans, including first lien secured debt, second lien secured debt and subordinated debt. From time to time, the Company may also invest in equity investments. PennantPark Floating Rate Capital Ltd. is managed by PennantPark Investment Advisers, LLC.

    ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC

    PennantPark Investment Advisers, LLC is a leading middle market credit platform, managing approximately $10 billion of investable capital, including potential leverage. Since its inception in 2007, PennantPark Investment Advisers, LLC has provided investors access to middle market credit by offering private equity firms and their portfolio companies as well as other middle-market borrowers a comprehensive range of creative and flexible financing solutions.  PennantPark Investment Advisers, LLC is headquartered in Miami and has offices in New York, Chicago, Houston, Los Angeles and Amsterdam.

    FORWARD-LOOKING STATEMENTS

    This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Floating Rate Capital Ltd. undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.

    CONTACT:
    Richard T. Allorto, Jr.
    PennantPark Floating Rate Capital Ltd.
    (212) 905-1000
    www.pennantpark.com

    The MIL Network –

  • MIL-OSI: PennantPark Investment Corporation Schedules Earnings Release of Third Fiscal Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 03, 2025 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (the “Company”) (NYSE: PNNT) announced that it will report results for the third fiscal quarter ended June 30, 2025 on Monday, August 11, 2025 after the close of the financial markets.

    The Company will also host a conference call at 12:00 p.m. (Eastern Time) on Tuesday, August 12, 2025 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-free (888) 394-8218 approximately 5-10 minutes prior to the call. International callers should dial (646) 828-8193. All callers should reference conference ID #3278368 or PennantPark Investment Corporation. An archived replay will also be available on a webcast link located on the Quarterly Earnings page in the Investor section of PennantPark’s website.

    ABOUT PENNANTPARK INVESTMENT CORPORATION

    PennantPark Investment Corporation is a business development company which principally invests in U.S. middle-market private companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity investments. PennantPark Investment Corporation is managed by PennantPark Investment Advisers, LLC.

    ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC

    PennantPark Investment Advisers, LLC is a leading middle market credit platform, managing approximately $10 billion of investable capital, including potential leverage.  Since its inception in 2007, PennantPark Investment Advisers, LLC has provided investors access to middle market credit by offering private equity firms and their portfolio companies as well as other middle-market borrowers a comprehensive range of creative and flexible financing solutions. PennantPark Investment Advisers, LLC is headquartered in Miami and has offices in New York, Chicago, Houston, Los Angeles and Amsterdam.

    FORWARD-LOOKING STATEMENTS

    This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Investment Corporation undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.

    CONTACT:
    Richard T. Allorto, Jr.
    PennantPark Investment Corporation
    (212) 905-1000
    www.pennantpark.com

    The MIL Network –

  • MIL-OSI: Triumph Announces Schedule for Second Quarter 2025 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, July 03, 2025 (GLOBE NEWSWIRE) — Triumph Financial, Inc. (Nasdaq: TFIN) today announced that it expects to release its second quarter financial results and management commentary after the market closes on Wednesday, July 16, 2025. Upon filing, the financial results and commentary will be available on the Company’s IR website at ir.triumph.io.

    Aaron P. Graft, Vice Chairman and CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts beginning at 9:30 a.m. central time on Thursday, July 17, 2025.

    The live video conference may be accessed directly through this link, https://triumph-financial-q2-2025-earnings.open-exchange.net/ or via the Company’s IR website at ir.triumph.io through the News & Events, Events & Presentations links. An archive of this video conference will subsequently be available at the same location, referenced above, on the Company’s website.

    About Triumph

    Triumph (Nasdaq: TFIN) is a financial and technology company focused on payments, factoring, intelligence and banking to modernize and simplify freight transactions. Headquartered in Dallas, Texas, its portfolio of brands includes Triumph, TBK Bank and LoadPay.    

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the federal securities laws. Investors are cautioned that such statements are predictions and that actual events or results may differ materially. Triumph Financial’s expected financial results or other plans are subject to a number of risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” and the forward-looking statement disclosure contained in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 11, 2025. Forward-looking statements speak only as of the date made and Triumph Financial undertakes no duty to update the information.

    Source: Triumph Financial, Inc.

    Investor Relations:
    Luke Wyse
    Executive Vice President, Head of Investor Relations
    lwyse@tfin.com
    214-365-6936

    Media Contact:
    Amanda Tavackoli
    Senior Vice President, Director of Corporate Communication
    atavackoli@tfin.com
    214-365-6930

    The MIL Network –

  • MIL-OSI Economics: Austria: 2025 Article IV Consultation-Press Release; and Staff Report

    Source: International Monetary Fund

    Summary

    The Austrian economy faces a challenging environment following two successive years of recession. Adverse shocks from high energy prices and the rapid rise in interest rates to curtail subsequent inflation have dragged down domestic and external demand, as have heightened uncertainty and weak sentiment. The downturn in activity has been especially significant in manufacturing, construction, and some services. Despite weak demand, core inflation has been persistent due in part to rapid wage growth. And while strong policy responses helped to cushion the impact of recent shocks, the fiscal deficit and public debt have risen significantly from pre-pandemic levels. Over the medium term, weak productivity and demographic aging pose significant growth and fiscal headwinds. At the same time, Austria retains strong institutions that equip it to deal with these challenges.

    MIL OSI Economics –

  • MIL-OSI NGOs: Landmark decision on the human right to a healthy climate delivered by the highest court in the Americas

    Source: Greenpeace Statement –

    Amsterdam, Netherlands – The Inter-American Court of Human Rights just delivered a landmark decision on the obligations of States in the face of the climate emergency.[1] The Court established that governments must take “urgent and effective actions” to safeguard the right to a healthy climate, and that companies have obligations with regard to climate change and its impacts on human rights. This decision unequivocally puts the rights of people and nature above the interests of polluters.

    In an unprecedented move, the Court also recognised the right to nature and ecosystems to maintain their essential ecological processes, as a crucial part in the effort to address the triple planetary crisis [2] and to achieve a truly sustainable development model that respects planetary boundaries and guarantees the rights of present and future generations. 

    Pablo Ramírez, Climate Campaigner, Greenpeace Mexico, said: “This is a life-changing decision for thousands of communities that are impacted by climate change on our continent. The highest court in the Americas is providing us with a pathway to climate justice, obliging States to guarantee human rights, address climate impacts and force polluting industries to repair the damage they have caused.”

    The Court’s decision puts powerful legal tools to secure climate accountability and justice in the hands of more than 300 million people in 20 states that are party to the American Convention on Human Rights, including Indigenous Peoples, civil society organisations and individuals. 

    The advisory opinion was requested in January 2023 by the governments of Chile and Colombia. [3] It was followed by the most participatory process in the history of the Court, with 150 oral interventions from States, international organisations, Indigenous Peoples, and civil society, as well as 265 written submissions, including from Greenpeace International.

    Latin America and the Caribbean are highly affected by air pollution,[4] rising sea levels and extreme weather events,[5] fuelled by emissions from oil and gas corporations and other polluting industries.[6] 

    The Court’s decision is grounded in clear scientific evidence that attributes large emissions from corporations to impacts such as loss of life and livelihoods from climate disasters. This Court decision will directly assist individuals and communities in pushing back against corporate polluters and corporate violations of human rights.

    Maria Alejandra Serra, Legal Counsel, Greenpeace International, said: “For too long, politicians and corporations have gotten away with profiting from the destruction of our environment and from harming the lives of ordinary people. This decision marks the beginning of the era of corporate accountability and a big step towards dismantling the colonial legacy of systemic impunity in our region.”

    The decision builds on the growing global momentum in courts tasked with interpreting international law facing the climate crisis.[7] It is expected to be used by governments to present more ambitious climate action plans and shape future decisions by other international human rights courts, setting the stage for a forthcoming historic advisory opinion from the International Court of Justice – the world’s highest court – on the responsibilities of States to mitigate climate impacts. 

    ENDS 

    Notes:

    Photos and videos of Greenpeace International and its allies in the process at the Inter-American Court of Human Rights on the Greenpeace Media Library. 

    [1] The Inter-American Court of Human Rights, one of three regional human rights courts in the world, has the role to interpret and clarify the obligations of States. Its decisions inform national governments and courts. Read the full decision in Spanish here.

    [2] As established by the United Nations, “[t]he triple planetary crisis refers to the interconnected challenges of climate change, pollution, and biodiversity loss”. See here 

    [3] Read the Advisory Opinion Request here. 

    [4] A review on the impact of climate change and air pollution in the region, particularly in the Caribbean, is detailed in a Columbia University publication authored by Muge Akpinar-Elci and Olaniyi Olayinka.

    [5] As recently as 2024, the Americas region faced devastating effects from multiple extreme weather events, which continued to impact lives, livelihoods, and food supply chains long after the events had passed, according to a publication by the World Meteorological Organization. 

    [6] Written observation on the request for an advisory opinion on the climate emergency and human rights by Greenpeace International, the Center for International Environmental Law, the NYU Climate Law Accelerator, the Union of Concerned Scientists, and the Open Society Justice Initiative.

    [7] Some examples are the recent decisions from the International Tribunal for the Law of the Sea, which classified greenhouse gas emissions as marine pollution, and the ruling of the European Court of Human Rights against Switzerland, a State failing to set adequate climate targets.

    Contacts:

    Tal Harris, Greenpeace International, Global Media Lead – Stop Drilling Start Paying campaign, +41-782530550, [email protected]

    Greenpeace International Press Desk, +31 (0) 20 718 2470 (available 24 hours), [email protected]Follow @greenpeacepress on X/Twitter for our latest international press release

    Follow @greenpeacepress on X/Twitter for our latest international press release

    MIL OSI NGO –

  • MIL-OSI USA: Bacon Votes Yes on One Big Beautiful Bill

    Source: United States House of Representatives – Congressman Don Bacon (2nd District of Nebraska)

    Bacon Votes Yes on One Big Beautiful Bill

    Washington – Rep. Don Bacon (NE-02) issued the following statement after voting yes on the “One Big Beautiful Bill”:

    “Stopping tax increases of approximately $141 a month on Middle Class Nebraskan families and making the tax code permanent is critical, which is why I voted yes on the bill. In addition, this bill invests in servicemember pay, housing, healthcare, and quality of life. It also helps America grow its naval power, improve DoD systems, and gives the Pentagon the tools to pass a full audit. Furthermore, it enforces work requirements for able-bodied adults without dependent children, which is supported overwhelmingly by Americans. I think the House bill had better provisions for Medicaid and Renewable Energy, but the benefits outweigh the drawbacks overall.”

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Griffith Statement on House Passage of Reconciliation Bill

    Source: United States House of Representatives – Congressman Morgan Griffith (R-VA)

    The U.S. House of Representatives voted and passed Senate Amendment to H.R. 1, the budget reconciliation bill. This reconciliation package goes to President Trump to be signed into law. Following passage of the bill, U.S. Congressman Morgan Griffith (R-VA) issued the following statement:

    “Today, I voted in favor of H.R. 1, the budget reconciliation bill.  As with every bill, I weighed the pros and the cons.  The positives of the bill clearly outweigh the negatives. 

    “A tax structure that encourages continued growth in the economy is extremely important.  This bill contains a number of continuations of pro-small business policies.  It helps protect family-owned farms and family-run businesses.  

    “In addition, it adds no tax on tips for most of our service-industry employees, including wait staff and hospitality workers.  It also exempts wages for overtime work for hourly workers.

    “Another significant impact is the increased money to help protect our nation’ s borders.

    “The unleashing of American energy potential contained in this bill is significant and will lead to increases in production.  Because of this American energy costs are expected to stabilize and even be lower in the coming decade.

    “On Medicaid, we strengthened the program for the traditional Medicaid population.  That population includes pregnant women, the disabled, the elderly, and the young.  

    “Opponents criticize the community engagement or “work requirement” provisions for able-bodied Medicaid-expansion recipients.  I consider this a strength of the bill.  While commonly called “work requirements,” the community engagement provision for able-bodied Medicaid-expansion recipients does not require a recipient to work per se but would require them to contribute to our communities.  This engagement only requires an average of 18.5 hours a week. Eligibility can be achieved by participating in educational or substance abuse recovery programs, holding a traditional job, or volunteering for community service.  I believe it is only fair to expect those able-bodied Medicaid-expansion recipients to contribute to their communities. 

    “Accordingly, I supported the bill.”

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Griffith Statement on Appointment to Health Subcommittee Chair

    Source: United States House of Representatives – Congressman Morgan Griffith (R-VA)

    Griffith Statement on Appointment to Health Subcommittee Chair

    U.S. House Committee on Energy and Commerce Chairman Brett Guthrie selected U.S. Congressman Morgan Griffith (R-VA) to serve as Chairman of the Committee’s Health Subcommittee. Congressman Griffith issued the following statement:

    “I am excited to take on the role as the Health Subcommittee Chairman for the House Energy and Commerce Committee! I look forward to continuing the work of former Chairman Buddy Carter and wish him well in all his endeavors. Further, I am committed to advancing Chairman Guthrie’s priorities. 

    “I have had the pleasure of working closely with Chairman Guthrie on many health care related issues, particularly while I chaired the Oversight Subcommittee.

    “I will remain on the Environment Subcommittee, where I will support Chairman Palmer as we look for reauthorization of numerous important environmental programs.”

    BACKGROUND

    As part of the July 3 announcement, Congressman Gary Palmer will take over as Chairman of the Environment Subcommittee.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Grothman Celebrates Historical Wins in the One Big Beautiful Bill

    Source: United States House of Representatives – Congressman Glenn Grothman (R-Glenbeulah 6th District Wisconsin)

    Congressman Glenn Grothman (WI-06) celebrated major victories today following the House passage of the One Big Beautiful Bill Act, a landmark reconciliation bill that advances President Trump’s America First agenda, delivers crucial tax relief, and reins in waste, fraud, and abuse across the federal government. 

    The legislation protects Americans from devastating tax increases by making President Trump’s 2017 tax cuts permanent. Without action, families in Wisconsin’s Sixth District were facing an average $1,486 tax hike. By locking in the cuts, this bill protects the paychecks of hardworking Americans and ensures they keep more of their hard-earned money. It also eliminates taxes on tips and overtime pay, delivers additional tax relief for seniors, and strengthens the economy for middle-class families. 

    In addition to economic relief, the bill strengthens national security by fully funding President Trump’s border wall system and increasing immigration enforcement. It restores commonsense work requirements for able-bodied adults receiving taxpayer-funded benefits, ensuring safety-net programs like Medicaid are preserved for those who truly need them. 

    The bill includes Congressman Grothman’s FEHB Protection Act, which imposes new verification measures and audits on the Federal Employees Health Benefits program to remove ineligible beneficiaries, a reform projected to save taxpayers more than $2 billion.  

    It also includes parts of Grothman’s CREATE JOBS Act, including extending the bonus depreciation provisions from the Tax Cuts and Jobs Act, preserving full expensing for research and development investments, and applying neutral cost recovery to manufacturing commercial structures through 2029. These provisions will fuel job creation, support American manufacturing, and foster economic innovation.  

    “The passage of the One Big Beautiful Bill is a historic victory for Americans, as we’ve avoided the largest tax hike in our nation’s history,” said Grothman. “The American people gave us a mandate after four years of failure under President Biden to revive prosperity in our country. I’m proud to stand with Congressional Republicans and President Trump to deliver a bill that works in the best interests of Americans. The One Big Beautiful Bill strengthens our government programs for the people they were intended to serve, while rooting out the waste, fraud, and abuse that have plagued our systems for far too long. Hardworking Americans will see the benefits of our commonsense conservative policies. I was proud to vote yes to help move America toward further greatness.” 

    U.S. Rep. Glenn Grothman (R-Glenbeulah) proudly serves the people of Wisconsin’s 6th Congressional District in the U.S. House of Representatives 

    MIL OSI USA News –

  • MIL-OSI USA: U.S. Rep. Castor Statement on Republicans’ Big Ugly Bill That Will Inflict Outsized Harm & Raise Costs on Floridians

    Source: United States House of Representatives – Reprepsentative Kathy Castor (FL14)

    WASHINGTON, D.C. – Today, U.S. Rep. Kathy Castor (FL-14) blasted the House Republican “Big Ugly Bill” that will rip health care coverage, food and Pell grants away from tens of millions of Americans, including children, seniors, Veterans and people with disabilities – all to give massive tax breaks to the wealthiest Americans and corporations. The Big Ugly Bill is fiscally irresponsible and morally wrong, as it will also add trillions of dollars to the national debt, leading to higher interest rates and inflation. The Big Ugly Bill is the deepest rollback in health care coverage in history – wiping away gains made over the past decade to cover families under Medicaid, Medicare, and the Affordable Care Act (ACA). It’s an abominable transfer of wealth from the working class to the wealthy that will weaken America and hurt millions of families.

    As American families struggle with the high cost of living, President Trump and Congressional Republicans are looting the Treasury and leaving families in the lurch with higher health care premiums, food costs and electric bills.

    “The billionaire tax giveaway will hit Floridians harder than any other state, as 3.9 million rely on Medicaid and over 4.7 million rely on Affordable Care Act (ACA) coverage. The GOP bill takes health care away from children, seniors, pregnant and postpartum women, and people with disabilities to fund a massive tax break for billionaires and big corporations. The Big Ugly, no-good, horrible bill will result in an estimated 1.9 million Floridians losing their health care altogether, and soaring premiums for many more. President Trump and Congressional Republicans stick it to working-class Floridians while their wealthiest donors can buy more vacation homes, private jets and luxury vacations. The bill is chock full of special interest side deals and carve-outs – including giveaways for Big Oil and Gas, sweetheart deals for gun manufacturers and their lobbyists, all while cutting Pell Grants and student loans for millions of students,” said Rep. Castor. 

    “Medicaid, the ACA and SNAP are a lifeline for my neighbors in Florida. Slashing essential care and nutrition assistance means more Floridians will struggle to afford doctor visits, medications, long-term care and critical treatments, or to keep food on the table – essentials needed to stay healthy, keep their heads above water and our country strong.”

    Trump and Republicans in Congress did not deviate from the political payback to the oil and gas industry as the Big Ugly Bill slashes initiatives that are lowering costs for American families, including cost-saving clean energy investments from the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA). 

    “It’s the worst bill I’ve seen in my years in Congress as Tampa Bay’s Congresswoman. Families and hardworking Americans will be left to deal with the harsh economic fallout. I will be there for them and will do everything in my power to repair the damage and fight for an economy that works for everyone, not just the privileged few.”

    MIL OSI USA News –

  • MIL-OSI USA: U.S. Rep. Castor Statement on Republicans’ Big Ugly Bill That Will Inflict Outsized Harm & Raise Costs on Floridians

    Source: United States House of Representatives – Reprepsentative Kathy Castor (FL14)

    WASHINGTON, D.C. – Today, U.S. Rep. Kathy Castor (FL-14) blasted the House Republican “Big Ugly Bill” that will rip health care coverage, food and Pell grants away from tens of millions of Americans, including children, seniors, Veterans and people with disabilities – all to give massive tax breaks to the wealthiest Americans and corporations. The Big Ugly Bill is fiscally irresponsible and morally wrong, as it will also add trillions of dollars to the national debt, leading to higher interest rates and inflation. The Big Ugly Bill is the deepest rollback in health care coverage in history – wiping away gains made over the past decade to cover families under Medicaid, Medicare, and the Affordable Care Act (ACA). It’s an abominable transfer of wealth from the working class to the wealthy that will weaken America and hurt millions of families.

    As American families struggle with the high cost of living, President Trump and Congressional Republicans are looting the Treasury and leaving families in the lurch with higher health care premiums, food costs and electric bills.

    “The billionaire tax giveaway will hit Floridians harder than any other state, as 3.9 million rely on Medicaid and over 4.7 million rely on Affordable Care Act (ACA) coverage. The GOP bill takes health care away from children, seniors, pregnant and postpartum women, and people with disabilities to fund a massive tax break for billionaires and big corporations. The Big Ugly, no-good, horrible bill will result in an estimated 1.9 million Floridians losing their health care altogether, and soaring premiums for many more. President Trump and Congressional Republicans stick it to working-class Floridians while their wealthiest donors can buy more vacation homes, private jets and luxury vacations. The bill is chock full of special interest side deals and carve-outs – including giveaways for Big Oil and Gas, sweetheart deals for gun manufacturers and their lobbyists, all while cutting Pell Grants and student loans for millions of students,” said Rep. Castor. 

    “Medicaid, the ACA and SNAP are a lifeline for my neighbors in Florida. Slashing essential care and nutrition assistance means more Floridians will struggle to afford doctor visits, medications, long-term care and critical treatments, or to keep food on the table – essentials needed to stay healthy, keep their heads above water and our country strong.”

    Trump and Republicans in Congress did not deviate from the political payback to the oil and gas industry as the Big Ugly Bill slashes initiatives that are lowering costs for American families, including cost-saving clean energy investments from the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA). 

    “It’s the worst bill I’ve seen in my years in Congress as Tampa Bay’s Congresswoman. Families and hardworking Americans will be left to deal with the harsh economic fallout. I will be there for them and will do everything in my power to repair the damage and fight for an economy that works for everyone, not just the privileged few.”

    MIL OSI USA News –

  • MIL-OSI USA: PRESS RELEASE: Rep. Barragán Slams Final Passage of Trump’s Big Ugly Bill as a “A Cruel Betrayal of the American People”

    Source: United States House of Representatives – Representative Nanette Diaz Barragán (CA-44)

    FOR IMMEDIATE RELEASE
    July 3, 2025

    Contact: jin.choi@mail.house.gov

    Rep. Barragán Slams Final Passage of Trump’s Big Ugly Bill as a “A Cruel Betrayal of the American People”

    Washington, D.C. — Today, Republicans in the U.S. House of Representatives voted to pass Donald Trump’s Big Ugly Bill, a massive budget package that rips essential safety-net programs away from working families, children, seniors, and veterans to pay for tax breaks for billionaires. The bill passed 218 to 214. Every single House Democrat voted against the bill.

    House Democrats fought until the very last minute to stop the bill’s passage. Leader Hakeem Jeffries took to the floor and delivered the longest “magic minute” speech in House history, stretching his leadership-privileged one-minute speech to nearly 9 hours to shine a national spotlight on the devastating impact this bill would have on American families and to make one last plea for Republicans to choose the well-being of their constituents over the demands of a want-to-be king and their billionaire donors .

    The Big Ugly Bill now heads to President Trump’s desk, where he is expected to sign it into law. Once signed, it will mark the largest Medicaid cut in American history and one of the most aggressive redistributions of wealth from poor and working families to the ultra-rich.

    “This bill is a moral failure. It’s an assault on the American people — on children, seniors, veterans, and people with disabilities. It strips away health care, food assistance, and basic dignity from those who need it most to hand nearly $1.3 trillion in tax breaks to billionaires like Elon Musk. Republicans didn’t just fail our families today, they betrayed the American people,” said Rep. Nanette Barragán.

    “House Democrats fought like hell to stop this bill. We held events in every corner of the country to raise the alarm. I held town halls and community conversations across my district — and heard story after story from families terrified of losing their health care, food banks warning they won’t be able to meet growing demand, and clinic directors worried they’ll have to close their doors. We introduced amendment after amendment and stayed up all night in committee hearings to expose Republican lies and cruelty and demanded better for the American people. But in the end, Republicans in Congress chose to serve Trump and their donors over their country and constituents.”

    The numbers are staggering:

    • $1.3 trillion slashed from Medicaid, the ACA exchanges, Medicare,  and food assistance.
    • 17 million Americans will lose their health care.
    • 40 million people — including 16 million children, 8 million seniors, and 1.2 million veterans — will have their food assistance put at risk.
    • $4 trillion added to the national debt — including $700 billion in interest — to fund tax breaks for the wealthiest Americans.
    • $900 billion in Medicaid cuts alone.
    • Cuts that could close 1 in 4 nursing homes nationwide.
    • $500+ billion in cuts to Medicare.
    • 760,000 manufacturing and clean energy jobs will be lost.
    • $400 increase in average household energy bills.
    • $96,400 average tax break for Americans making over $1 million — compared to just $247 for families earning less than $50,000 a year.

    In California, the damage is severe:

    • 2.4 million Californians will lose health insurance.
    • Families in California’s 44th District covered under the Affordable Care Act will see an average premium hike of $2,060.
    • 28 rural hospitals are at risk of shutting down.
    • At least 368,000 Californians may lose some or all of their food assistance.
    • 110,000 jobs in manufacturing and clean energy will disappear.
    • $670 average yearly increase in energy bills for California families.
    • Over 623,000 students in California could lose Pell Grant support for college.

    “This bill is theft in plain sight,” Barragán added. “It steals from the poor and middle class to gift the rich. And for what? A few billionaire tax breaks and a cruel vision of America where working families are left behind. House Democrats will never stop fighting to reverse this damage and protect the people we were sent here to serve.”

    ###

    MIL OSI USA News –

  • MIL-OSI USA: PRESS RELEASE: Rep. Barragán Slams Final Passage of Trump’s Big Ugly Bill as a “A Cruel Betrayal of the American People”

    Source: United States House of Representatives – Representative Nanette Diaz Barragán (CA-44)

    FOR IMMEDIATE RELEASE
    July 3, 2025

    Contact: jin.choi@mail.house.gov

    Rep. Barragán Slams Final Passage of Trump’s Big Ugly Bill as a “A Cruel Betrayal of the American People”

    Washington, D.C. — Today, Republicans in the U.S. House of Representatives voted to pass Donald Trump’s Big Ugly Bill, a massive budget package that rips essential safety-net programs away from working families, children, seniors, and veterans to pay for tax breaks for billionaires. The bill passed 218 to 214. Every single House Democrat voted against the bill.

    House Democrats fought until the very last minute to stop the bill’s passage. Leader Hakeem Jeffries took to the floor and delivered the longest “magic minute” speech in House history, stretching his leadership-privileged one-minute speech to nearly 9 hours to shine a national spotlight on the devastating impact this bill would have on American families and to make one last plea for Republicans to choose the well-being of their constituents over the demands of a want-to-be king and their billionaire donors .

    The Big Ugly Bill now heads to President Trump’s desk, where he is expected to sign it into law. Once signed, it will mark the largest Medicaid cut in American history and one of the most aggressive redistributions of wealth from poor and working families to the ultra-rich.

    “This bill is a moral failure. It’s an assault on the American people — on children, seniors, veterans, and people with disabilities. It strips away health care, food assistance, and basic dignity from those who need it most to hand nearly $1.3 trillion in tax breaks to billionaires like Elon Musk. Republicans didn’t just fail our families today, they betrayed the American people,” said Rep. Nanette Barragán.

    “House Democrats fought like hell to stop this bill. We held events in every corner of the country to raise the alarm. I held town halls and community conversations across my district — and heard story after story from families terrified of losing their health care, food banks warning they won’t be able to meet growing demand, and clinic directors worried they’ll have to close their doors. We introduced amendment after amendment and stayed up all night in committee hearings to expose Republican lies and cruelty and demanded better for the American people. But in the end, Republicans in Congress chose to serve Trump and their donors over their country and constituents.”

    The numbers are staggering:

    • $1.3 trillion slashed from Medicaid, the ACA exchanges, Medicare,  and food assistance.
    • 17 million Americans will lose their health care.
    • 40 million people — including 16 million children, 8 million seniors, and 1.2 million veterans — will have their food assistance put at risk.
    • $4 trillion added to the national debt — including $700 billion in interest — to fund tax breaks for the wealthiest Americans.
    • $900 billion in Medicaid cuts alone.
    • Cuts that could close 1 in 4 nursing homes nationwide.
    • $500+ billion in cuts to Medicare.
    • 760,000 manufacturing and clean energy jobs will be lost.
    • $400 increase in average household energy bills.
    • $96,400 average tax break for Americans making over $1 million — compared to just $247 for families earning less than $50,000 a year.

    In California, the damage is severe:

    • 2.4 million Californians will lose health insurance.
    • Families in California’s 44th District covered under the Affordable Care Act will see an average premium hike of $2,060.
    • 28 rural hospitals are at risk of shutting down.
    • At least 368,000 Californians may lose some or all of their food assistance.
    • 110,000 jobs in manufacturing and clean energy will disappear.
    • $670 average yearly increase in energy bills for California families.
    • Over 623,000 students in California could lose Pell Grant support for college.

    “This bill is theft in plain sight,” Barragán added. “It steals from the poor and middle class to gift the rich. And for what? A few billionaire tax breaks and a cruel vision of America where working families are left behind. House Democrats will never stop fighting to reverse this damage and protect the people we were sent here to serve.”

    ###

    MIL OSI USA News –