NewzIntel.com

Category: Economy

  • MIL-OSI: Apex Defi Labs Inc. Announces Strategic Partnership with Regiment Securities to Expand Tokenized Securities Investment Opportunities

    Source: GlobeNewswire (MIL-OSI)

    EDISON, N.J., Feb. 24, 2025 (GLOBE NEWSWIRE) — Apex Defi Labs Inc., a leader in blockchain-based tokenized securities, proudly announces its strategic partnership with Regiment Securities, LLC (RSLLC), a FINRA-registered broker-dealer. This collaboration hopes to increase investor acceptance of tokenization, enabling issuers to raise capital on a global scale in a fully-compliant way while leveraging tokenization for enhanced efficiency.

    The partnership, led by Pramod Attarde, CEO of Apex Defi Labs Inc. and Steve Burnham, Co-Founder of RSLLC, focuses on utilizing Apex Defi Labs’ state-of-the-art Securities Issuance Platform. While real estate is the initial and primary focus, the platform also enables issuers to tokenize securities backed by common stocks, providing diverse opportunities for investors.

    “This partnership is a pivotal moment for Apex Defi Labs as we scale our real estate tokenization platform to offer issuers a comprehensive platform for securities in multiple asset classes. With RSLLC’s regulatory expertise and investor networks, we’re poised to lead the charge in democratizing access to tokenized investments,” said Pramod Attarde.

    Steve Burnham adds, “Our collaboration with Apex Defi Labs represents a new era in investment opportunities. By combining our regulatory strengths with Apex’s technological innovation, we are focusing not only on real estate but opening doors for a variety of issuers to raise capital efficiently and compliantly, while adding the benefits of tokenization.”

    The partnership also includes exciting new developments:

    1. Crowdfunding Portal Under Regulation CF: RSLLC holds Regulation CF approval, enabling Defi Assets LLC, a subsidiary of Apex Defi Labs, to join them in developing a crowdfunding portal. This portal will allow companies across industries to raise up to $5 million, democratizing access to capital for small and medium businesses while adding the benefits of tokenization.
    2. Regulation S Offerings for Non-US Investors: Issuers can also leverage this partnership to raise capital from international investors through Regulation S offerings, expanding their global reach.

    Through this collaboration, RSLLC will serve as the exclusive broker-dealer partner for Apex Defi Labs’ technology and international investor network, managing regulatory compliance, and leveraging its domestic accredited investor network. RSLLC will also support offerings listed on the platform with streamlined processes for investor due diligence and compliance filings, including Form D for Regulation D exemptions.

    This partnership reflects a shared vision of advancing financial innovation and expanding access to compliant investment opportunities globally.

    The MIL Network –

  • MIL-OSI USA: Supporting Adult Learners at Community Colleges

    Source: US State of New York

    Governor Kathy Hochul today announced $1.1 million in grants for 22 community colleges statewide to implement wide-ranging action plans designed to help more adult learners access transformational educational opportunities that lead to upward mobility. These grants build on Governor Hochul’s multifaceted commitment to creating more workforce development opportunities to ensure every New Yorker can pursue a degree or credential that helps access jobs in high-demand fields. That includes the Governor’s transformational proposal to offer free community college tuition, fees, books, and supplies for adults ages 25 to 55 who pursue degrees in fields like health care, advanced manufacturing, cybersecurity, and green jobs.

    “For millions of New Yorkers, community college can be the path to upward mobility and economic security, opening the door to a wide array of workforce opportunities,” Governor Hochul said. “Working with SUNY, we are tackling the barriers that stand in the way of New Yorkers accessing these potentially transformational educational pathways. The Adult Learner Leadership Initiative builds on our commitment to empowering people in every corner of the state to participate in generational economic opportunities.”

    Through SUNY’s Adult Learner Leadership Initiative, community colleges will work to break down barriers that stand in the way of students age 25 and older accessing and completing higher education programs. These measures will include expanded use of credit for prior learning, wraparound support, and flexible scheduling.

    More than one in four SUNY community college students are age 25 or older, with nearly two-thirds of them attending college part-time. What’s more, an estimated 1.5 million working-age New Yorkers have completed some college but have not yet obtained a degree.

    In support of Governor Hochul’s work to make higher education more affordable and build the workforce of the future, the new grants will help community colleges meet adult learners where they are, creating a greater sense of belonging on campus and addressing the unique needs of adults working to earn a degree.

    SUNY Chancellor John B. King Jr. said, “SUNY’s community colleges are engines of upward mobility, and Governor Hochul’s proposal for a free community college degree in high-demand fields will help connect more working-age New Yorkers to economic opportunity. Our campuses are ready to step up to help more adult learners earn a community college associate degree and advance in their careers.”

    Adult Learner Leadership Initiative grant awardees are:

    • SUNY Adirondack Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; availability of academic offerings and non-academic support in-person on weekends/evenings; creating a sense of belonging for adult learners; use of online and blended learning
    • SUNY Broome Community College ($50,000): Expanded use of co-requisite models to address gaps in academic preparation; creating a sense of belonging for adult learners; use of online and blended learning
    • Cayuga Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of co-requisite models to address gaps in academic preparation; availability of academic offerings and non-academic support in-person on weekends/evenings; transparency on course schedules and advance course scheduling; creating a sense of belonging for adult learners
    • Clinton Community College ($48,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; creating a sense of belonging for adult learners
    • Columbia-Greene Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; availability of academic offerings and non-academic support in-person on weekends/evenings; creating a sense of belonging for adult learners
    • Corning Community College ($41,928): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; expanded use of co-requisite models to address gaps in academic preparation; availability of academic offerings and non-academic support in-person on weekends/evenings; alignment of campus policies with adult learner needs
    • Dutchess Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; availability of academic offerings and non-academic support in-person on weekends/evenings
    • SUNY Erie Community College ($50,000): Availability of academic offerings and non-academic support in-person on weekends/evenings; transparency on course schedules and advance course scheduling; the use of online and blended learning
    • Finger Lakes Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; availability of academic offerings and non-academic support in-person on weekends/evenings; alignment of campus policies with adult learner needs
    • FIT ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; availability of academic offerings and non-academic support in-person on weekends/evenings; use of online and blended learning
    • Fulton-Montgomery Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; creating a sense of belonging for adult learners
    • Jefferson Community College ($37,200): Marketing and recruitment targeted to specific adult learner populations; availability of academic offerings and non-academic support in-person on weekends/evenings; use of online and blended learning
    • Monroe Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; availability of academic offerings and non-academic support in-person on weekends/evenings; creating a sense of belonging for adult learners
    • Niagara County Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; availability of academic offerings and non-academic support in-person on weekends/evenings; creating a sense of belonging for adult learners; alignment of campus policies with adult learner needs
    • North Country Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; availability of academic offerings and non-academic support in-person on weekends/evenings; use of online and blended learning
    • Onondaga Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; availability of academic offerings and non-academic support in-person on weekends/evenings; creating a sense of belonging for adult learners; use of online and blended learning
    • SUNY Orange Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; creating a sense of belonging for adult learners
    • SUNY Schenectady Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; availability of academic offerings and non-academic support in-person on weekends/evenings; use of online and blended learning
    • Sullivan County Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; creating a sense of belonging for adult learners
    • Tompkins Cortland Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; creating a sense of belonging for adult learners
    • SUNY Ulster Community College ($50,000): Marketing and recruitment targeted to specific adult learner populations; expanded use of credit for prior learning; alignment of campus policies with adult learner needs
    • SUNY Westchester Community College ($49,933): Expanded use of credit for prior learning; availability of academic offerings and non-academic support in-person on weekends/evenings; transparency on course schedules and advance course scheduling; creating a sense of belonging for adult learners

    Campuses will utilize grants to build out their strategies to support adult learners through July before beginning implementation no later than the fall 2025 semester. The grants are made possible through the SUNY Transformation Fund that Governor Hochul championed in the 2023-24 enacted State budget.

    Complete College America President Dr. Yolanda Watson Spiva said, “Any viable effort to increase college completion and educational attainment rates on a state or national level must include proven strategies to support adult learners. New York and the SUNY system continue to serve as leaders in this regard through their advancement of programs, policies and practices that will pay off in the long term for the state’s learners, workforce, and economy. SUNY’s Adult Learning Initiative is one such program that clearly demonstrates the state’s strategic inclusion and prioritization of adults seeking to earn a degree or credential of value in their overall attainment efforts.”

    Jobs for the Future Director Rachel Pleasants McDonnell said, “We applaud this investment in SUNY’s community colleges to transform the adult learning experience. Free tuition for degrees in high-demand fields is an important step toward making postsecondary education more accessible to this growing population of learners. Equally as critical is SUNY’s comprehensive approach to strengthening career advising, making clear labor market connections, and accelerating emerging options like credit for prior learning.”

    Lumina Foundation Strategy Officer Dr. Katy Launius said, “Through the REACH Collaborative, SUNY community colleges created on-ramps to credentials in high-demand fields that lead to careers with family-sustaining wages. Their efforts to remove barriers, provide flexibility, and expand supports means that more of today’s students are achieving their goals for themselves and their communities.”

    MIL OSI USA News –

  • MIL-OSI Canada: Physician Retirement Fund Initiative

    Source: Government of Canada regional news

    The government will provide a new retirement benefit to doctors as part of ongoing efforts to expand recruitment and retention initiatives in Nova Scotia.

    The support is through annual contributions that doctors put toward their retirement savings. The Province’s contributions will be based on doctors’ years of service, full- or part-time status, and the amount they contribute to their preferred retirement savings option.

    “We’re competing with the rest of the world for doctors, and that requires a comprehensive approach to our recruitment and retention efforts, including long-term financial incentives,” said Premier Tim Houston. “This fund will apply to all doctors working in the province who provide patient care.”

    The retirement benefit is available to all full- and part-time doctors who are licensed to work in Nova Scotia and provide direct patient care or clinical services such as specialists in radiology and pathology.

    The amounts doctors can receive based on their years of service, as of December 31, are as follows:

    • five or fewer years of service – $5,000 annually; no savings contribution by the doctor is required
    • five to 15 years – up to $10,000 annually
    • more than 15 years – up to $15,000 annually.

    The Province’s contribution is based on full-time equivalency. Doctors who work part-time will have their hours prorated and contribution matched based on their full-time equivalency.

    Action for Health is the government’s plan to improve healthcare in Nova Scotia. A retirement fund for physicians supports Solution 1 in the plan, to become a magnet for health providers.

    Quotes:

    “This fund will be a powerful recruitment and retention tool for our province. It will help set Nova Scotia apart when recruiting new physicians while supporting the physicians who have already begun building their career and life in Nova Scotia.”
    — Dr. Gehad Gobran, President, Doctors Nova Scotia

    Quick Facts:

    • about 3,000 doctors across the province are eligible this year for the retirement fund
    • it is estimated that the retirement fund will cost about $22 million annually
    • between April and August, there have been 73 net new doctors recruited to Nova Scotia

    Additional Resources:

    Action for Health, the government’s plan to improve healthcare in Nova Scotia: https://novascotia.ca/actionforhealth/

    Mandate letter for the Minister of Health and Wellness: https://novascotia.ca/exec_council/letters-2021/ministerial-mandate-letter-2021-DHW.pdf

    Other than cropping, Communications Nova Scotia photos are not to be altered in any way.

    MIL OSI Canada News –

  • MIL-OSI USA: Chairman Mast Issues Statement Marking Three-year Anniversary of Ukraine War

    Source: US House Committee on Foreign Affairs

    Media Contact 202-226-8467

    WASHINGTON, D.C. – Today, House Foreign Affairs Committee Chairman Brian Mast issued the following statement upon the third anniversary since the start of the full-scale war in Ukraine.

    “Today’s three-year anniversary marking the start of Russia’s invasion of Ukraine is no cause for Russian celebration. It marks the anniversary of the largest tactical and strategic blunder in Russian history. While Russia has brought brutality against civilians and soldiers alike, raping women and kidnapping children, Ukraine is slaughtering hundreds of thousands of Russian conscripts who have invaded their country. Ukraine is likewise annihilating the soldiers Vladimir Putin imported from Kim Jong Un’s North Korea and overcoming the financial and military support flowing from China and Iran. President Trump has recognized the need to end this carnage. He will never be Neville Chamberlain, he will not seek a premature peace that allows the enemy to regroup, and he will settle for nothing less than sustained peace backed by a Europe which is capable of defending itself from Russia. Europe must meet the moment and match Russian military spending and recruitment. Europe must realize that for our alliance to be the strongest in history, America needs a Europe that can hold its own.”

    ###

    MIL OSI USA News –

  • MIL-OSI: DDB Miner Expands AI-Driven Cloud Mining Platform, Offering Stable Passive Income for Crypto Investors in 2025

    Source: GlobeNewswire (MIL-OSI)

    9.23 Million Members and Growing: A New Era of Accessible and Profitable Cloud Mining

    BIRMINGHAM, United Kingdom, Feb. 24, 2025 (GLOBE NEWSWIRE) — DDB Miner, a global leader in cloud mining solutions, has announced a major expansion of its AI-driven platform, designed to provide stable, passive income for cryptocurrency investors. With over 9.23 million registered members worldwide, DDB Miner is setting a new standard for accessibility, transparency, and profitability in the cloud mining industry.

    Rising Above Market Volatility

    Amidst ongoing cryptocurrency market fluctuations and rising inflation, DDB Miner’s advanced cloud mining technology offers a dependable alternative to traditional trading. Unlike speculative investments, cloud mining provides consistent returns without the need for active management. Investors can earn daily profits by renting mining capacity through DDB Miner’s platform, eliminating the complexities of hardware ownership and maintenance.

    AI-driven cloud mining.

    For experienced traders, the conclusion is simple: volatility is a double-edged sword. While some try to time the market, the real winners are those who find a stable, passive income source. That’s why many people abandon volatility trading and turn to cloud mining for stable profits.

    So what is driving so many leading cryptocurrency investors to abandon cloud mining and bet on the next XRP rally? The reasons are stable profits, automation, and simplicity.

    DDB Miner has 9.23 million members worldwide. Register now to join the cloud mining contract for free. Giving yourself a chance is giving yourself a future.

    Click to download the official app and take control of your financial freedom anytime, anywhere!

    XRP Collapse – Why the Crash is Inevitable
    Once the darling of cryptocurrencies, XRP has been underperforming due to regulatory uncertainty, whale selling, and market jitters caused by inflation. Some traders had hoped that XRP would rebound, but today’s inflation report shattered expectations and XRP hit the bottom.

    XRP’s decline caught most traders off guard and forced them to revise their strategies. Instead of speculating on currencies, most people turned to cloud mining because its daily returns are not affected by market fluctuations and are very stable.

    As XRP’s volatility makes it an unsafe investment, cloud mining is becoming a refuge for savvy traders seeking long-term stable returns.

    Why traders favor cloud mining over trading
    Traditional cryptocurrency trading is hectic, unstable, and time-consuming. Bear markets can wipe out all of the previous month’s gains in a matter of minutes, and inflation data only adds to the confusion. With cloud mining, however, investors can earn hands-free, guaranteed returns without having to constantly check charts.

    Cloud mining is simple — as easy as renting mining capacity from a place like DDB Miner and watching your crypto balance increase day after day. It’s the perfect alternative to the stressful, high-risk world of crypto trading.

    For those tired of market volatility, bot trading losses, and endless stop losses, cloud mining represents a worry-free way to generate crypto gains passively — without the stress.

    DDB Miner: The Cloud Mining Giant That Will Rule in 2025
    DDB Miner: is changing the face of cloud mining, offering investors a way to easily earn passive income without any technical knowledge. Founded in 2017, the company has gained worldwide recognition for the transparency, security, and high yields of its mining activities.

    With over 9.23 million registered members, DDB Miner leverages AI mining technology to maximize profits and minimize operational costs. Unlike traditional mining, which requires expensive hardware and electricity, DDB Miner takes care of everything for you, so you just sit back and collect your daily dividends.

    Making $10,000 a day is easier than you think!
    Imagine: waking up every morning with $10,000 more in your crypto wallet—without having to do anything. That’s life for DDB Miner investors, who earn a constant passive income through AI-driven cloud mining contracts.

    With a variety of contract types available, investors can start with $100 or invest more than $100,000. With DDB Miner’s top-of-the-line mining equipment, every investor gets the best mining efficiency, guaranteeing maximum returns.

    Unlike trading, where one mistake can ruin your portfolio, DDB Miner generates steady returns with instant withdrawals, so you always have control over your profits.

    How Bitcoin Mining Works and Why It’s Still Profitable
    Bitcoin mining is the lifeblood of the cryptocurrency world, with miners responsible for confirming transactions and securing the blockchain. However, traditional mining has become too expensive and complicated for the average investor.

    That’s where cloud mining comes into play. Investors don’t have to buy expensive hardware; they can simply rent mining power from industrial-scale mining farms like DDB Miner and get first-class infrastructure without the hassle of maintenance.

    With Bitcoin’s limited supply and rising mining difficulty, cloud mining remains one of the most profitable ways to earn BTC, and DDB Miner makes it easy for you to reap those gains.

    How to Get Started with DDB Miner in Minutes
    It’s never been easier to get started with DDB Miner cloud mining. Take these simple steps to start generating passive income today:

    Sign Up in Seconds: Head to the DDB Miner website and sign up
    Choose a Mining Plan: Choose from a number of lucrative mining contracts starting as low as $12.
    Deposit: Deposit funds into your account via USDT-TRC20, BTC, ETH, LTC, USDC, BNB, USDT-ERC20, BCH, DOGE, SOL (Solana), XRP or other leading cryptocurrencies.
    Start Mining: As soon as your contract is activated, your daily profits start rolling in.
    Withdraw at any time: Instantly withdraw your profits or reinvest for compound returns.
    One-click registration and app download – don’t let this opportunity slip away!
    DDB Miner is the future of passive crypto wealth, offering a high-yield, worry-free investment plan that’s better than trading in every way.

    Click the link below to download the official APP and register in one click!

    Register now and start earning daily profits!

    Media Contact:
    Katerina Audrey
    DDB Miner Media Relations
    Email: info@ddbminer.com

    Disclaimer: This press release is provided by DDB Miner. The statements, views, and opinions expressed in this content are solely those of the DDB Miner and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in cloud mining and related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/06623c0e-cec0-4617-a8d7-9f9b58ea5321
    https://www.globenewswire.com/NewsRoom/AttachmentNg/c04f9a10-e79a-4b2e-ba27-e4bbf0f273e8
    https://www.globenewswire.com/NewsRoom/AttachmentNg/1038269f-cefd-4f96-83ee-b236da91b65d

    The MIL Network –

  • MIL-OSI: Wrap Technologies Secures $5.8M in Private Placement of Securities

    Source: GlobeNewswire (MIL-OSI)

    TEMPE, Ariz., Feb. 24, 2025 (GLOBE NEWSWIRE) — Wrap Technologies (NASDAQ: WRAP) (“Wrap” or, the “Company”) today announced it that it has executed a securities purchase agreement with certain investment partnerships affiliated with the Company and certain accredited and institutional investors in a private placement for the purchase and sale of (i) an aggregate of 3,216,666 shares of common stock of the Company, at a purchase price of $1.80 per share of common stock, and (ii) accompanying warrants to purchase 3,216,666 shares of common stock, for aggregate proceeds of approximately $5.8 million. The warrants will be immediately exercisable at an initial exercise price of $1.80 per share, subject to adjustment, and expire five years from the date of issuance.

    The closing of the private placement is subject to customary closing conditions and is expected to occur on or around February 28, 2025. The Company intends to use the net proceeds of the offering for working capital and general corporate purposes.

    Key Financing Highlights:

    • Majority investment comes from investment partnerships affiliated with insiders and several existing investors.
    • Fuels go-to-market strategy for BolaWrap and Managed Safety and Response (MSR) Connected Ecosystem, both domestically and internationally.
    • Accelerates commitment to deliver Made-in-America end-to-end public safety solutions.
    • Bolsters a federal plan for Washington, DC presence.
    • Increasing investments in training and customer support to optimize BolaWrap programs.

    The securities the private placement offering were offered and sold in transactions exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D of the Securities Act and in reliance on similar exemptions under applicable state laws. Pursuant to a registration rights agreement, the Company has agreed to file a resale registration statement covering the securities described above.

    This press release is not an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About Wrap Technologies, Inc.

    Wrap Technologies, Inc. (Nasdaq: WRAP) is a leading global provider of advanced public safety solutions, integrating ultramodern technology, cutting-edge tools, and comprehensive services to address the complex, modern day challenges facing public safety organizations around the world. Guided by a no-harm principle, Wrap is dedicated to developing groundbreaking solutions that empower public safety agencies to safeguard the communities they serve in a manner that fosters stronger relationships, driving safer outcomes, empowering public safety and communities to move forward together.

    Wrap’s BolaWrap® solution encompasses an innovative and patented hand-held remote restraint device, strategically engineered with Wrap’s no-harm guiding principle to proactively deter escalation by deploying a Kevlar® tether that safely restrains individuals from a distance. Combined with BolaWrap® training, certified by the esteemed International Association of Directors of Law Enforcement Standards and Training (IADLEST), Wrap enables officers from over 1000 agencies across the U.S. and 60 countries around the world, with the expertise to effectively use BolaWrap® as an early intervention measure, mitigating potential risks and injuries, averting tragic outcomes, with the goal to save lives with each wrap.

    Wrap Reality™, the Company’s advanced virtual reality training system, is a fully immersive training simulator and comprehensive public safety training platform that equips first responders with the discipline and practice to prevent escalation, de-escalate conflicts, and apply appropriate tactical use-of-force measures to better perform in the field. By offering a growing range of real-life scenarios, Wrap Reality™ addresses the dynamic nature of modern law enforcement situations for positive public safety outcomes, building safer communities one decision at a time.

    Wrap’s Intrensic solution is a comprehensive, secure and efficient body worn camera and evidence collection and management solution designed with innovative technology to quickly capture, safely handle, securely store, and seamlessly track evidence, all while maintaining full transparency throughout the process. With meticulous consolidation and professional management of evidence, confidence in law enforcement and the justice system soars, fostering trust and reliability in court outcomes. Intrensic’s efficient system streamlines the entire process seamlessly, empowering all public safety providers to focus on what matters, expediting justice with integrity.

    Connect with Wrap:
    Wrap on Facebook
    Wrap on Twitter
    Wrap on LinkedIn

    Trademark Information

    Wrap, the Wrap logo, BolaWrap®, Wrap Reality™ and Wrap Training Academy are trademarks of Wrap Technologies, Inc., some of which are registered in the U.S. and abroad.  All other trade names used herein are either trademarks or registered trademarks of the respective holders.

    Cautionary Note on Forward-Looking Statements – Safe Harbor Statement
    This release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “anticipate,” “should”, “believe”, “target”, “project”, “goals”, “estimate”, “potential”, “predict”, “may”, “will”, “could”, “intend”, and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Moreover, forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the private placement and the satisfaction of customary closing conditions related to the private placement, the anticipated use of proceeds therefrom, the Company’s ability to maintain compliance with the Nasdaq Capital Market’s listing standards; the Company’s ability to successfully implement training programs for the use of its products; the Company’s ability to manufacture and produce products for its customers; the Company’s ability to develop sales for its products; the market acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company’s product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the business impact of health crises or outbreaks of disease, such as epidemics or pandemics; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for counties outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company’s ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company’s most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

    Investor Relations Contact:

    (800) 583-2652
    ir@wrap.com

    The MIL Network –

  • MIL-OSI USA: Duckworth Meets with Little Village Small Business Leaders to Discuss Economic Impacts of Trump’s Tariffs in Chicago

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth
    February 23, 2025
    [CHICAGO, IL] – U.S. Senator Tammy Duckworth (D-IL) yesterday met with leaders from the Little Village Chamber of Commerce, local elected officials and small business owners to discuss how Trump’s tariff threats and recent deportation raids threaten the local economy. After the Magnificent Mile, Little Village’s 26th Street business district is Chicago’s second most lucrative business corridor with many businesses relying on small business loans. In her remarks, Duckworth also spoke about how Trump’s unlawful funding freeze puts critical Small Business Administration (SBA) grant programs in jeopardy. As a result of Trump’s chaotic trade policies however, local small business owners would see blanket tariffs drive up costs, disrupt supply chains and put their critical SBA loans at risk.
    “Trump’s chaotic, sweeping tariffs will negatively impact Illinois entrepreneurs, workers and key industries, while harming our allies around the world,” Duckworth said. “The consequences of his needless trade wars will hurt our immigrant-owned small businesses, like the many in Little Village, and their dedicated workforce. Diversity makes our country and economy stronger—I will never stop advocating on behalf of our immigrant communities and small businesses as we push back against Trump and his one-sided political interests.”
    “Little Village’s 26th Street corridor is one of the strongest economic engines in Chicago, built by hardworking immigrant entrepreneurs,” said Jennifer Aguilar, Executive Director of Little Village Chamber of Commerce. “The increased immigration enforcement actions have created an atmosphere of fear that directly impacts our small businesses, leading to fewer customers, declining revenues, and economic instability. Our business owners deserve policies that support growth, not ones that undermine the economic vitality of our community. The Little Village Chamber of Commerce remains committed to advocating for our entrepreneurs and ensuring our corridor continues to thrive.”

    MIL OSI USA News –

  • MIL-OSI USA: Duckworth, Garcia Discuss Economic and Staffing Impacts of Trump’s Mass Deportation Actions with Local Hospitality Leaders in Chicago

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth
    February 23, 2025
    [CHICAGO, IL] – U.S. Senator Tammy Duckworth (D-IL), U.S. Representative Jesús “Chuy” García (D-IL-4) and local elected officials yesterday joined Chicago hospitality and restaurant industry leaders over lunch to discuss how Trump’s U.S. Immigration and Customs Enforcement (ICE) deportation raids have negatively affected the business community and their employees. In her remarks, Duckworth discussed how immigrant workers form the backbone of Chicago’s hospitality and restaurant industries, emphasizing that Trump’s reckless actions directly hurt the local economy.
    “The strength of Chicago is in the strength and diversity of its people and neighborhoods,” Duckworth said. “Donald Trump’s inhumane mass deportation raids do nothing but spread fear and chaos in our communities, targeting the essential workers who care for our loved ones, staff our hotels and restaurants and put food on our tables. I will continue working with our local business leaders and elected officials as we push back against Trump’s out-of-touch agenda and protect our immigrant community in Chicago.”
    In addition to Duckworth and Garcia, attendees included State Senator Celina Villanueva (IL-12th District), State Representative Edgar Gonzalez (IL-21st District), Alderman Michael Rodrigez (Chicago-22nd Ward), Jennifer Aguilar, Executive Director of Little Village Chamber of Commerce, Jaime di Paulo from the Illinois Hispanic Chamber of Commerce, Sam Toia from Illinois Restaurant Association and Marcos Carbajal, owner of Carnitas Uruapan.
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    MIL OSI USA News –

  • MIL-OSI USA: Senator Coons statement on the third anniversary of Russia’s full-scale invasion of Ukraine

    US Senate News:

    Source: United States Senator for Delaware Christopher Coons
    WILMINGTON, Del. – U.S. Senator Chris Coons (D-Del.) issued the following statement commemorating the third anniversary of Russia’s total invasion of Ukraine on February 24, 2022:
    “Three years ago, more than 100,000 Russian troops invaded Ukraine, launching the largest war of aggression in Europe since World War II. I was visiting NATO and U.S. troops in Lithuania the week that the war began, and as I flew back from Europe, I prayed for the success of the brave Ukrainian fighters. Analysts believed it was only a matter of days until Kyiv fell and Putin was victorious.
    “Instead, for three years, the courageous Ukrainian people have defended their homeland, their freedom, and their democracy. Backed by a global coalition of more than 50 nations, they have fought and inflicted massive losses on the Russian aggressors, the largest army in Europe. They have endured unimaginable hardship, the crippling of their economy, and the atrocities of too many war crimes to count.
    “President Zelenskyy has ably led his country, and his people have fought with incredible bravery. Tragically, President Trump appears poised to give Putin a victory at the negotiating table that he has been unable to secure on the battlefield. He has repeated Russian propaganda, picked fights with Zelenskyy, and seems set on imposing a peace “deal” that will effectively surrender Ukraine to Putin. This strategic mistake would embolden our adversaries, waving a flag for Russia to continue marching across eastern Europe, for China to adopt a similar playbook for Taiwan, and for Iran and North Korea to learn that by partnering with this axis of autocrats, they can defeat the West. If he does abandon Ukraine, Trump will go down as the biggest betrayer of our interests and our ideals of this century.
    “On this anniversary, it is time for every American advocate of freedom, no matter their party, to tell President Trump that he must not force Ukraine into a weak peace that will not hold. He must instead make clear to Putin that we will stand behind Ukraine in this war, in partnership with our European allies, who are offering to take on more of the burden of defending Ukraine and to join us in securing the peace. That is “peace through strength,” that is how we bring this war to a just end, and how we live up to the values that have long defined us as Americans.”
    Senator Coons is the Ranking Member of the Senate Appropriations Subcommittee on Defense and a member of the Senate Foreign Relations Committee.

    MIL OSI USA News –

  • MIL-OSI Global: Why justice for Ukraine must be at the forefront of peace negotiations

    Source: The Conversation – Canada – By Oleksa Drachewych, Assistant Professor in History, Western University

    On Feb. 18, representatives from Russia and the United States met in Saudi Arabia to determine if peace in Ukraine is possible. Ukrainian representatives were not invited.

    U.S. Secretary of State Marco Rubio said on social media that the meeting was a step in developing an “enduring peace” between Russia and Ukraine. Russian President Vladimir Putin claimed in a media interview that the meeting was “very positive” and confirmed the true meaning of the talks was to start normalising relations between Russia and the U.S.

    Although U.S. President Donald Trump has claimed “the Russians want to see the war end,” Russian officials remain committed to their war aims. Russian foreign minister Sergei Lavrov announced before the meetings that Russia would not return Ukrainian territory. After, he stated that should a peace deal be brokered, any peacekeeping forces could not come from NATO nations. The latter statement stunted growing European efforts to develop a security guarantee for Ukraine should a ceasefire be reached.

    Keith Kellogg, U.S. envoy for Kyiv and Moscow, said after his Feb. 20 meeting with Ukrainian president Volodymyr Zelenskyy that the U.S. is aligned with the nation — and that any end to the war with Russia should ensure there is no “next war”. Yet White House officials do not seem to have Ukraine’s best interest in mind in negotiating a potential resolution to the war.

    For instance, U.S. Secretary of Defense Pete Hegseth announced on Feb. 12 that the U.S. government doesn’t believe NATO membership for Ukraine “is a realistic outcome of a negotiated settlement.” He added that Ukraine would need to accept territorial concessions to Russia.

    Trump has also increasingly parroted Russian narratives — such as claiming that Ukraine started the war. He has also delegitimized Zelenskyy by claiming he is a “dictator” who refuses to hold elections — despite the nation’s constitution stating elections cannot legally be held under martial law.

    Trump also continues to demand 50 per cent of Ukraine’s natural resources to repay the United States for previous military and financial support. This has led to a deterioration in Ukrainian-U.S. relations at a time where Russian-U.S. relations appear to be improving.



    Read more:
    Ukraine’s natural resources are at centre stage in the ongoing war, and will likely remain there

    European leaders have responded with frustration. Zelenskyy has made his position clear that any negotiation must include Ukraine at the table. Ukraine would not accept an imposed peace.

    Any attempt at negotiating a lasting peace between the two nations must include accountability for Russian crimes.

    The realities of Russia’s invasion

    American overtures for peace have often referred to “stopping the millions of deaths” in Russia’s war in Ukraine. While on the surface this goal is admirable, it oversimplifies the realities of what the last three years of war have done to Ukraine. Namely, Russian forces have committed extensive war crimes and atrocity in Ukraine.

    Russian forces barrage Ukraine with drone strikes and terror bombing — including targeting civilians. Even as negotiations were happening in Saudi Arabia, Russian drones struck Odesa, injuring four civilians. This was the latest in a long line of such attacks. International Criminal Court (ICC) arrest warrants are out for Russian military leaders on just this issue.

    The Ukrainian government has confirmed over 19,500 Ukrainian children have been abducted by Russian forces. But in July 2023, Russian officials claimed they had over 700,000 Ukrainian children in Russian territory.

    Investigative reporting confirms the Russian government is assimilating these children — forcing them to stop speaking Ukrainian and raising them with a Russian identity. These actions have also led to ICC arrest warrants for Putin and Maria Lvova-Belova, Russia’s Children’s Rights Commissioner who oversees the program. Russia’s actions violate the UN Genocide Convention.

    Widespread sexual assault by Russian forces has been documented against Ukrainian men and women. Torture chambers have also been found in liberated cities. Russian forces committed mass murder in multiple Ukrainian cities — underscored by the discovery of mass graves in Bucha, Izium and Lyman.

    Mariupol, once a city of over 400,000 has been reduced to a population of 120,000 as of 2023. This showcases the devastation caused by Russian forces. Russia has also started seizing buildings to give to Russian settlers to further Russify the city.

    The realities under Russian occupation are only partially known. The Russian government has demanded Ukrainians living under occupation forfeit their Ukrainian identification documents and obtain Russian passports. In schools, Russia has fully implemented its nationalistic curriculum, which includes “anti-Ukrainian propaganda” aimed at assimilating Ukrainian children.

    Against international law, forcible Russification of the Ukrainian people has become a common feature of Russian occupation during this war.

    Ukraine’s fight for justice

    Ukraine continues to fight against Russian occupation. While it’s honourable to want to stop the deaths caused by fighting, the Russian regime’s actions in Ukrainian territory must be remembered too.

    This is why justice is just as important as resolution. While it’s unlikely Russian officials will find themselves before the ICC, there must be some form of accountability for Russian crimes against Ukraine if peace is negotiated. While present frontlines may dictate where Ukraine may be forced to cede territory or freeze conflict, the realities of Russian aggression cannot be ignored.

    Here, history offers a guide for what shouldn’t be done this time when brokering a peace deal.



    Read more:
    How Russia’s fixation on the Second World War helps explain its Ukraine invasion

    During the Second World War, Soviet forces committed extensive war crimes and atrocities. Yet the Soviet Union never faced a reckoning for those acts. Russian officials remember this. As a result, Putin feels empowered to commit similar atrocities in Ukraine — believing Russia, just as the Soviet Union, won’t face any consequences.

    For any possibility of lasting peace, accountability and justice for Russian war crimes must be at the forefront of negotiations. Otherwise, Russia will have learned it can act with impunity — threatening the likelihood of enduring peace for Ukraine.

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

    – ref. Why justice for Ukraine must be at the forefront of peace negotiations – https://theconversation.com/why-justice-for-ukraine-must-be-at-the-forefront-of-peace-negotiations-250208

    MIL OSI – Global Reports –

  • MIL-OSI Russia: Dmitry Chernyshenko took part in an extended meeting of the Federation Council Committee on Science, Education and Culture

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Dmitry Chernyshenko took part in a meeting of the Committee on Science, Education and Culture in the Federation Council

    February 24, 2025

    Dmitry Chernyshenko took part in a meeting of the Committee on Science, Education and Culture in the Federation Council

    February 24, 2025

    Dmitry Chernyshenko took part in a meeting of the Committee on Science, Education and Culture in the Federation Council

    February 24, 2025

    Previous news Next news

    Dmitry Chernyshenko took part in a meeting of the Committee on Science, Education and Culture in the Federation Council

    Deputy Prime Minister Dmitry Chernyshenko took part in a meeting of the Federation Council Committee on Science, Education and Culture. The participants discussed the issue of preparation for the government hour as part of the 585th meeting of the upper house of parliament.

    Dmitry Chernyshenko thanked Valentina Matvienko, Lilia Gumerova and other senators for their attention to the educational sphere and joint work on developing the Education Development Strategy.

    The Deputy Prime Minister emphasized that the education sector is one of the key areas for achieving the national goals set by President Vladimir Putin.

    “Russian citizens are actively involved in the work on the Education Development Strategy. More than 340 thousand respondents took part in the survey on the public services portal, and more than 1 thousand proposals were generated. In the conditions of global competition, we need to ensure the accelerated development of the educational system together. Our goal is to create equal and decent conditions for teachers, increase the prestige of the profession, raise its social status, attract young personnel to schools and retain them,” said Dmitry Chernyshenko.

    The Deputy Prime Minister also noted the importance of ensuring equal access to quality education regardless of place of residence. To this end, thanks to the implementation of the national project “Education”, about a million school places have already been created, and within the framework of the national project “Demography” – almost 250 thousand places in kindergartens, and the construction of new facilities is planned within the framework of the national projects “Youth and Children” and “Family”.

    Dmitry Chernyshenko emphasized the growing demand for blue-collar jobs and professions. The “Professionality” project has been implemented since 2022.

    “As of today, 493 clusters have been created in 81 regions in 24 sectors of the economy and social sphere within the framework of “Professionality”. We strive to ensure that by the end of 2026 the project covers all 89 regions of Russia, and by 2030 a total of 940 clusters have been created,” the Deputy Prime Minister noted.

    The Government and the Federation Council also actively cooperate in the formation of regional policy in the field of intellectual property.

    “In the context of modern challenges, it is necessary to clearly define strategic directions for the development of education in the country. Government hour will be devoted to this topic,” said Lilia Gumerova, opening the meeting.

    According to her, during 2024, the committee carried out a number of events to improve the domestic education system. Recommendations were prepared, including on resolving issues of reducing the bureaucratic burden, improving the mechanisms for conducting the unified state examination, developing career guidance, secondary vocational education, pedagogical education, improving the higher education system, including the mechanism of targeted training, taking into account the experience of the admissions campaign in 2024.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial News: Development of Concentration Risk Regulation: Discussion Results

    Translartion. Region: Russians Fedetion –

    Source: Central Bank of Russia –

    The Bank of Russia, following discussions with the market on the reform of credit concentration risk regulation finalized individual provisions of the concept.

    In particular, the following changes have been made to it:original version:

    — a reduced risk weight of 50% for state-owned companies with revenues exceeding 2% of GDP when calculating concentration standards will be applied for a year longer — until January 1, 2029. By that time, the concentration limiter for such companies will be the H30 standard, which will be calculated by systemically important banks;

    — the criteria for the operational independence of companies for determining a group of related borrowers (GRB) have been adjusted. In particular, the requirements for the composition of the board of directors have been simplified. In addition, if the mutual financial obligations of companies in one GRB are small, the companies will be considered operationally independent;

    — the approach to which subsidiaries and dependent companies of the bank may be excluded from the calculation of the maximum risk standard for related parties H25 has been clarified. Financial subsidiaries that finance the business of the bank owners insignificantly will be excluded.

    The Bank of Russia will continue to introduce regulations aimed at reducing concentration risks. It is expected that a number of changes (for example, the phased introduction of calculating concentration on the issuer of securities under reverse repo, inclusion in the calculation of requirements for accrued credit income, operational independence criteria) will be implemented as early as 2025.

    Preview photo: fireflite59 / Shutterstock / Fotodom

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

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

    HTTPS: //VVV.KBR.ru/Press/Event/? ID = 23399

    MIL OSI Russia News –

  • MIL-OSI Canada: Third Anniversary of Ukraine Invasion Commemorated at Saskatchewan Legislature

    Source: Government of Canada regional news

    Released on February 24, 2025

    Today, Legislative Secretary Responsible for Saskatchewan-Ukraine Relations Jamie Martens and representatives from Saskatchewan’s Ukrainian community, the Saskatchewan-Ukraine Relations Advisory Committee, and the Ukrainian Canadian Congress – Saskatchewan Provincial Council (UCC-SPC) gathered at the Legislative Building in Regina to commemorate the third anniversary of Russia’s military invasion of Ukraine.

    “This war has caused untold suffering to the people of Ukraine, some of whom have resettled here in Saskatchewan,” Martens said. “As a province with a rich Ukrainian heritage, Saskatchewan is proud to support those displaced by this terrible conflict. With open arms we will continue to make these newcomers feel welcome and at home in our communities.”

    On Sunday, February 23, a car rally was organized to demonstrate support for Ukrainians by the Ukrainian Canadian Congress (UCC), Regina Branch, that started at the Northgate Mall in Regina and concluded with a brief ceremony at the Holodomor Monument in Wascana Centre.

    Since the conflict began, nearly 8,000 Ukrainians have arrived in Saskatchewan, many of which have been supported by programs offered through UCC-SPC and the Government of Saskatchewan.

    “The UCC-SPC is grateful to Premier Scott Moe and the Government of Saskatchewan for their steadfast and reliable support for the Ukrainian people,” President of UCC-SPC Elena Krueger said. “From the early days of the conflict and the five charter flights that assisted hundreds to safely arrive in Saskatchewan, to the on-going financial support to UCC Saskatchewan, to various language and employment services, our provincial government truly does stand with Ukraine.”

    Through a funding agreement with the UCC-SPC, the province continues to provide displaced Ukrainians with access to language training, settlement and community supports, as well as connections to employers in their local labour market.

    In another show of solidarity with the people of Ukraine, the Provincial Capital Commission announced funding for necessary restoration work on the Holodomor Monument in Regina’s Wascana Centre, 10 years after its installation in the park. The monument memorializes the man-made famine endured by the Ukrainian people at the hands of the Soviet Union from 1932 to 1933.

    “The Holodomor Monument in Wascana Centre is an important monument to remember the victims of the man-made famine, as well as reiterate our support for the people of Ukraine through the ongoing conflict,” Minister Responsible for the Provincial Capital Commission Eric Schmalz said. “This funding will help ensure that this important monument remains in Wascana Centre for years to come.”

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    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI Europe: The EBA finds progress in availability and accessibility of data used to identify and qualify environmental, social and governance risks but data landscape remains incomplete

    Source: European Banking Authority

    The European Banking Authority (EBA) today published a Report assessing the availability and accessibility of data related to environmental, social and governance (ESG) risks as well as the feasibility of introducing a standardised methodology for identifying and qualifying credit exposures to such risks. The Report finds that while there have been significant improvements over the recent years on availability and accessibility of data, the ESG data landscape remains incomplete at this stage. Key policy initiatives such as the Corporate Sustainability Reporting Directive (CSRD) and the supporting European Sustainability Reporting Standards (ESRS), as well as further transparency in the methodologies of ESG scores and External Credit Assessment Institutions’ (ECAI) credit risk ratings, are expected to further improve this landscape and mitigate challenges.

    Credit institutions are increasingly assessing ESG risks, although progress differs across exposure classes. Data availability, quality and granularity remain among the most significant challenges in developing more advanced approaches.

    Methodologies are most mature in the assessment of transition risk in corporate portfolios, where the EBA has observed certain elements of standardisation, such as the use of sectoral classification, greenhouse gas emissions and transition plans of counterparties as the key sources of information.

    Similarly, the EBA has observed some degree of standardisation in methodologies for mortgage exposures, which are typically based on the geographical location and energy efficiency of the immovable property collateral.

    The methodologies are less mature for other exposure classes where the process of developing relevant methodologies to identify and assess ESG risks is still ongoing. The practices regarding the assessment of environmental risk other than climate, social and governance risks are still at an early stage and mostly qualitative.

    While there are emerging practices regarding the assessment of ESG risks, the progress to date on the assessment of how these risks affect the level of credit risk is limited. At this stage, only few institutions apply specific methods for measuring credit risk related to ESG factors, focusing mostly on climate risk. While governance aspects have traditionally been part of the assessment of credit risk, both by institutions and by ECAIs, there is little standardisation and the approaches are mainly qualitative, often based on expert judgement.

    Based on the market practices and the current data landscape, the EBA concludes that the feasibility of designing a standardised methodology differs greatly depending on the type of exposures and risks considered. While there have been developments in the identification and assessment of ESG risks, there is still insufficient understanding and evidence of their effective impact on credit risk parameters. Should regulatory efforts towards standardisation be pursued, a sequenced approach would most likely be necessary.

    Legal basis

    The EBA is mandated under letters (a) and (b) of Article 501c(1) of Regulation (EU) No 575/2013, i.e. the Capital Requirements Regulation (CRR), to assess:

    a) the availability and accessibility of reliable and consistent ESG data for credit risk exposure classes;

    b) the feasibility of introducing a standardised methodology to identify and qualify these exposures, based on a common set of principles to ESG risk classification, and using the information available from sustainability disclosure frameworks, the guidance and conclusions coming from supervisory stress-testing or scenario analysis of climate-related financial risks, and the relevant ESG score of the credit risk rating by a nominated ECAI.

    MIL OSI Europe News –

  • MIL-OSI: NANO Nuclear Energy Announced as Two Star Partner of the Institute for Defense and Government Advancement’s Operational Energy Summit with CEO James Walker Scheduled to Present

    Source: GlobeNewswire (MIL-OSI)

    The Operational Energy Summit will be held at the Bethesda Marriot Hotel on February 25-26, 2025

    New York, N.Y., Feb. 24, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it is a Two Star Partner of the 17th annual Operational Energy Summit, hosted by the Institute for Defense and Government Advancement in Bethesda, Maryland at the Bethesda Marriot Hotel on February 25 -26, 2025.

    On Tuesday, February 25th, Chief Executive Officer and Head of Reactor Development, James Walker, will lead a keynote presentation titled, “The role of innovative nuclear technology to support the defense industry and military operations”, at 1:30 PM. Thereafter, he will also present, “Industry insight session hosted by NANO Nuclear Energy Inc.” at 3:30 PM.

    For over two decades, the Institute for Defense and Government Advancement (IDGA) has served as a non-partisan event and thought leadership organization connecting the Defense and Security communities interested in solving high-level challenges. Through its industry-leading conferences, networking events and online community portal, IDGA supports and coordinates the participation of leading stakeholders across the Government, Military, and associated defense industry partners.

    For its 17th year, the IDGA Operational Energy Summit will bring together operational and installation energy leaders from the U.S. Department of Defense, Department of Energy, allied military, industry, and academia to discuss the current state of military energy and the path forward. This year’s summit will focus on addressing the emerging threat landscape, contested environments, the role of innovative technology, and the challenges and gaps in defense energy to ensure support of military operations. Guided by thought leaders, the summit will explore alternative energy sources, including nuclear and solar power, along with microgrids and technologies for enhancing grid security. As the demand for energy increases to support both current and future weapon systems and technologies, the topics of discussion will include strategies for achieving energy resilience, security, reliability, and sufficiency.

    “The IDGA is at the forefront of efforts to address the U.S. armed forces’ most urgent challenges, particularly in understanding operational and installation energy,” said John G. Vonglis, Executive Director of Global Government Affairs of NANO Nuclear Energy. “This summit will bring together some of the nation’s foremost experts, united by a shared mission to provide service members with robust, reliable, and resilient next-generation energy solutions, with nuclear set to play a key role in discussions.”

    Figure 1 – NANO Nuclear Energy Inc. Announced as the Two Star Partner of the Institute for Defense and Government Advancement’s Operational Energy Summit on February 25-26, 2025.

    “The growing emphasis on nuclear-based energy systems within the U.S. military creates exciting opportunities to deliver reliable, carbon-neutral power to the country’s service members,” said James Walker, Chief Executive Officer and Head of Reactor Development of NANO Nuclear Energy. “This summit provides a valuable platform to connect with key operational leaders throughout the military complex, and I look forward to discussing the future of nuclear energy with all attendees.”

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors. NANO Nuclear is also developing patented stationary KRONOS MMR™ Energy System and space focused, portable LOKI MMR™.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

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    Cautionary Note Regarding Forward Looking Statements

    This news release, the conference presentation described herein, and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

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    The MIL Network –

  • MIL-OSI Economics: A fantastic example of AI’s impact on agriculture. Learn more here.

    Source: Microsoft

    Headline: A fantastic example of AI’s impact on agriculture. Learn more here.

    Satya Nadella, It is great to learn AI is helping even a small farmer and Deep Seek saves costs to that small farmer. If you want to invest the money saved from Deep Seek, the most strategic move would be to decarbonize your AI data centers—turning cost savings into long-term value creation. We are happy to share unique and practically applicable knowledge on how to cost-efficiently decarbonize AI data centers, maximize water savings, and align your operations with global ESG standards. By integrating Tangible Natural Capital, you can secure your investment with real, asset-backed value, while also unlocking new revenue streams through carbon credits, biodiversity units, and energy efficiency gains. This approach not only ensures financial resilience and sustainability but also strengthens your ESG credibility, enabling you to claim leadership in inclusivity, diversity, and gender equality opportunities. Let’s transform AI data centers into climate-positive assets and position them at the forefront of sustainable AI innovation. Claudia Pinto Irina Duisimbekova Alexandre Katrangi Dr. Hubert Danso Conscious Planet

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Joint Statement on the resumption of India-UK trade negotiations

    Source: United Kingdom – Executive Government & Departments

    News story

    Joint Statement on the resumption of India-UK trade negotiations

    Today the Republic of India and the United Kingdom have resumed negotiations towards a trade deal between our two countries.

    The Prime Minister of India Shri Narendra Modi and Prime Minister of the United Kingdom the Rt Hon Sir Keir Starmer met on the sidelines of the G20 Summit in Rio de Janeiro, Brazil in November 2024 to underline the importance of resuming trade negotiations at an early date. 

    Today the Republic of India and the United Kingdom have resumed negotiations towards a trade deal between our two countries. This announcement has been made by Minister for Commerce and Industry of India Shri Piyush Goyal and Secretary of State for the Department for Business and Trade of the United Kingdom the Rt Hon Jonathan Reynolds in Delhi. This announcement is an outcome of the above stated discussions held at the level of Prime Ministers of the two countries. 

    India and the United Kingdom have a close partnership, built through collaboration on security and defence, new and emerging technologies, climate, health, education, research and innovation, green finance and people-to-people contacts. At the centre of this relationship is the collective aspiration to deliver economic growth and sustainable development.

    Both sides have agreed to resume negotiations towards a balanced, mutually beneficial and a forward-looking deal that delivers mutual growth and builds on the strengths of the two complementary economies. The strengthening of the trading relationship between our two countries has the potential to unlock opportunities for business and consumers across both our nations and build further on our already deep ties.

    The two leaders directed the negotiators to work together to resolve the outstanding issues in the agreement to ensure a fair and equitable trade deal for shared success.

    Updates to this page

    Published 24 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: Attorney General Bonta, Senator Hurtado Unveil Bill to Sharpen California’s Antitrust Law

    Source: US State of California

    Bill would increase penalties for corporations that break California law

    OAKLAND — California Attorney General Rob Bonta and Senator Melissa Hurtado (D-Bakersfield) today unveiled Senate Bill 763 (SB 763), legislation seeking to more effectively deter corporations from restraining trade, fixing prices, and reducing competition — actions that can raise prices and harm workers, businesses, and consumers. Currently, many powerful corporations view antitrust enforcement as just another cost of doing business. SB 763 would increase criminal penalties and add civil penalties for violations of California’s Cartwright Act.

    “Too many wealthy corporations see penalties for breaking the law as simply the cost of doing business. SB 763 would sharpen the teeth of a century-old law by increasing penalties for those looking to illegally profit at the cost of workers, consumers, and honest businesses,” said Attorney General Rob Bonta. “As the fifth largest economy in the world, and home to some of the wealthiest corporations, California has a responsibility to fight for a fair and competitive marketplace, especially amid the unprecedented wave of corporate mergers and market consolidation that we are seeing today. I thank Senator Hurtado for introducing this bill to help ensure we have the appropriate tools to protect a vibrant and just 21st century economy.” 

    “This is about power — the power of corporations, market manipulators, and bad actors who rig prices, suppress wages, and tilt the playing field in their favor,” said Senator Melissa Hurtado (D-Bakersfield). “For too long, Californians have shouldered the burden of an economy where those who break the rules profit while honest businesses and working families struggle. That ends now. SB 763 ensures that violating antitrust laws comes with real consequences, not just a slap on the wrist.”

    What is Antitrust?

    Antitrust violations can lead to rising costs for consumers because when companies collude or gain significant market power through illegal anticompetitive practices, they have less pressure to keep prices low and can raise prices without fear of losing customers to other competitors. Competitive marketplaces established through antitrust vigilance help consumers by ensuring fair prices for goods and services, an array of products to choose from, quality goods and services, and the steady introduction of innovative new products.

    California’s Cartwright Act prohibits agreements between corporations to restrain trade, limit production, and fix prices or otherwise prevent competition. The existing penalties for violations of the Cartwright Act have not been updated in decades and are insufficient to deter anticompetitive activity in the current market. 

    SB 763 

    SB 763 would increase criminal penalties and add civil penalties under the Cartwright Act. 

    Specifically, SB 763 would: 

    • Increase the criminal fines for corporate violators from $1 million to $100 million per violation.
    • Increase the criminal fines for individuals from $250,000 to $1 million per violation.
    • Increase the term of imprisonment for a felony violation to two, three, or five years (currently one, two, or three years).
    • Add civil penalties of up to $1 million per violation that courts can impose based on factors such as the nature, seriousness, and persistence of the misconduct.

    Antitrust and the California Department of Justice

    Attorney General Bonta has made robust antitrust enforcement a top priority, working to expand the size of the California Department of Justice’s Antitrust Section and leading the charge within the state and across the country.  

    In December 2024, Attorney General Bonta secured the abandonment of the Kroger-Albertsons merger, which threatened to raise grocery prices and leave Californians with limited choices over where to shop and where to work. In August 2024, Attorney General Bonta filed a lawsuit against RealPage, alleging that its anticompetitive conduct harmed consumers by decreasing competition among landlords, limiting price negotiation, and increasing prices in the rental housing industry. In July 2024, Attorney General Bonta announced a $50 million settlement with gas trading firms, resolving allegations that the firms secretly worked together to tamper with and manipulate spot market prices for California gasoline. In September 2022, Attorney General Bonta sued Amazon, alleging that the company stifled competition and caused increased prices across California through its anticompetitive contracting practices. 

    As part of the Attorney General’s commitment to enforcing antitrust laws, the California Department of Justice recently launched a new Antitrust Complaint Form. Please click here to report anticompetitive conduct that potentially violates antitrust laws.

    The text of the legislation is available here. 

    MIL OSI USA News –

  • MIL-OSI Global: Entrepreneurship as a way out of poverty? Study in rural Kenya shows why it doesn’t always work

    Source: The Conversation – Africa – By Ralph Hamann, Professor, University of Cape Town

    International development agencies and non-governmental organisations often seek to advance community development by fostering entrepreneurship. The premise is that poor people can enhance their household incomes by establishing small businesses or by adding value to natural resources.

    Such programmes commonly include training and the provision of loans to enable micro-entrepreneurs to get started. But these interventions aren’t straightforward and often fail to achieve their objectives.

    Prior research has pointed to the fundamental economic challenges of entrepreneurship in the context of poverty. Cultural and institutional factors also play a role. Researchers have argued, for instance, that cultural norms of collectivism shape how entrepreneurs define themselves. They are likely to prioritise their roles as mentors or community safety net. This constrains their ability to innovate and grow their businesses.

    We wanted to explore an entrepreneurship-focused intervention in more detail. Specifically, why do some people seem more inclined than others to adopt these new behaviours?

    In a recent paper we set out our findings based on a study we conducted with 25 participants in northern Kenya. We built on our combined interests in entrepreneurship in resource-constrained environments, identity theory, and community development. We found that programme participants responded to the intervention in very different ways, and that religion helped explain these differences.

    Our findings have implications for interventions promoting entrepreneurship as a means to reduce poverty. First, such interventions can create profound identity tensions for participants and so their proponents need to take into account local cultures much more than is commonly the case. Second, entrepreneurship-focused interventions can change participants’ behaviours in ways that potentially disadvantage the poorest community members, leading to greater inequality at the community level.

    On the ground

    The development intervention we examined was aimed at fostering entrepreneurship in extremely poor pastoralist communities. The programme built on a small government cash transfer and put recipients into savings groups of up to 30 people. Participants were encouraged to start small businesses in these group discussions. They also received training in life skills and basic financial and business skills, such as the concept of profit and how to buy and sell goods.

    We found that over the five-year period of our study, an increasing number of pastoralists began engaging in businesses involving the sale of livestock, beadwork, sugar, tea leaves, washing powder and other necessities. But we discovered that these new business-oriented behaviours created profound tensions for the participants, and participants responded in different ways.

    The source of these tensions was in how individuals defined themselves within the local culture.

    The collectivist culture in these communities involved norms such as nkanyit (loosely translated, respect), which meant that people should share their belongings with others. But the training and the credit repayment requirements associated with the intervention made this problematic.

    To make profits and repay loans, the programme participants had to deny other community members’ requests for handouts or loans. This contravened local norms and expectations. It also created the fear that community members might curse the entrepreneur or her or his family.

    One participant explained:

    Business is different from what we were doing; business is not to give credits and also not to just give things to people… but people can curse you {if you say no}.

    Yet participants responded to these tensions in different ways. Some (about one-third of our research participants) gave in to the existing expectations and the need to avoid curses. As a result, they gave handouts to community members and often this led to their business languishing or collapsing. One participant noted:

    When I have food {business goods} in the house, I can’t tell people that I don’t have anything, and they know that I do. I just give some to avoid {curses}.“

    Others, however, continued with the new business activities despite the threat of curses. We discovered that a key factor explaining this was religion.

    Christians believed that their faith would protect them from curses. For some this occurred from the beginning. Others, fearful of curses early on, came to believe that curses would not apply in the context of the businesses that they wanted to keep running.

    For instance, one participant argued:

    Don’t give to people because of the fear of curses, just say no and pray for protection from the curses because God is great.

    Implications

    We highlight the importance of people’s social identities – specifically religious identities – in explaining why some participants are more likely to adopt capitalist behaviours (such as borrowing money to invest in business, or charging consumers interest on loans) than others.

    Organisations delivering entrepreneurship interventions and education in contexts of extreme poverty need to be aware of what identities they are encouraging participants to construct, either directly or indirectly through training and mentorship, and even through the questions that they ask participants.

    They need to be careful about creating tensions between existing cultural norms and the new concepts and behaviours they are introducing.

    More broadly, there may also be unintended negative consequences at the community level. Among the research participants in our study that adopted the entrepreneur role, this was linked to a diminished willingness to support poor community members. So, even if participants in the programme benefit through higher incomes, their entrepreneurial behaviours reduce traditional habits of giving to the needy. This could increase hardships for the very poor and create greater inequalities.

    This article is co-authored by Jody Delichte, and it is based on her PhD research at the University of Cape Town Graduate School of Business. Jody currently works as an international development and culture consultant. We are grateful to Jeremy Upane for his translation support in the field.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Entrepreneurship as a way out of poverty? Study in rural Kenya shows why it doesn’t always work – https://theconversation.com/entrepreneurship-as-a-way-out-of-poverty-study-in-rural-kenya-shows-why-it-doesnt-always-work-246700

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Say no to doorstep traders

    Source: Northern Ireland Direct

    Date published:

    There are dangers when you employ doorstep callers who offer to do improvement works to your property. You are advised not to use tradespeople who just turn up on the doorstep.

    Older and vulnerable people

    Some doorstep traders deliberately target older and vulnerable people who live alone.

    They call at their homes uninvited and offer to carry out home improvement works or repairs to a property.

    You could lose large sums of money for work that could prove to be of little value. 

    Also, people can sometimes feel intimidated and pressurised into agreeing to pay for additional work that they didn’t want or need.

    That work can then often result in people having to pay out large sums of money to legitimate traders to have the work fixed or finished.

    Local neighbourhood websites

    You should also be alert when using local neighbourhood websites where people post about the jobs they need doing, in the belief that they’ll avoid the sort of rogue traders who turn up on their doorstep. 

    The doorstep criminals have adapted their methods and now have a presence on these websites and often respond to such requests.

    The traders often use fake profiles and vastly under-quote for jobs to get a response.

    In reality, many of these traders are criminals who will charge vastly-inflated prices for shoddy work or for work that is not needed.

    In many cases, the trader will start work on the property immediately and then will leave it unfinished or in a very poor state of repair.

    What you can do

    To put off approaches from rogue traders in the first place you can place a sign in your door or window telling any doorstep callers looking for business that they are not welcome.

    You can point out the sign to any unwelcome callers and tell them that if they persist in trying to sell their services they may be committing a criminal offence.

    You can get ‘No Cold Calling’ signs and more help and advice from Trading Standards Service’s Consumerline. 

    The advice is:

    • don’t buy at the door – no matter who is calling or what they seem to be offering
    • consider fitting doorstep cameras and video doorbells
    • don’t open the door to anyone who turns up uninvited, no matter what their story is – keep the chain on
    • always take your time – legitimate traders will not rush you to make a decision
    • if possible, choose a trader who has been recommended by family or friends
    • get written quotes from at least three traders to compare prices
    • don’t pay until the job is finished to your satisfaction
    • watch out for vulnerable or older neighbours or family members
    • use the ‘Nominated Neighbour’ scheme 

    As well as the huge financial losses from using doorstep tradespeople, many people also suffer emotional trauma, the onset of health problems, and have a long fear of crime.

    More useful links

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: UK steps up life-saving medical support for Ukraine’s Armed Forces

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK steps up life-saving medical support for Ukraine’s Armed Forces

    The Ministry of Defence will double its funding for medical and rehabilitation services for Ukraine’s troops

    Britain is stepping up support for Ukrainian troops wounded on the frontline, who will receive life-saving medical support and rehabilitation services through the UK’s Project Renovator.  The programme, which will see its funding doubled, also includes training for surgeons and rebuilding of a military hospital targeted by Russian bombs. 

    Project Renovator draws on the UK’s leading defence medical expertise to expand Ukraine’s military rehabilitation and medical services and help troops who suffered life-changing injuries to return to the frontline or help them readjust to civilian life after the conflict ends. 

    Defence Secretary John Healey MP has today announced a new £20m funding package to step up the programme further – doubling the Government’s funding for the scheme – as the UK’s cast-iron commitment to Ukraine continues three years into the conflict. 

    The project, which started in October 2023 demonstrates the UK’s international leadership role, taking responsibility for repairing and upgrading a military rehabilitation hospital which was targeted and bombed by Putin’s forces earlier in the conflict. The UK is also encouraging allies to support and grow this work as part of the broader NATO Comprehensive Assistance Package for Ukraine scheme. 

    From providing life-saving surgery, to issuing advanced prosthetics, physiotherapy, and aftercare, the rehabilitation hospital will be a significant upgrade for Ukraine’s current services, with Ukrainian surgeons, doctors, and nurses being trained by the UK. 

    The announcement comes on the third anniversary of Putin launching his illegal full-scale invasion, as the Home Office announced new measures to block Russian elites entering the UK. It forms part of this Government’s record support for Ukraine this year – building on £12.8 billion worth of military, humanitarian, and economic support since the beginning of the full-scale invasion.

    Defence Secretary, John Healey MP, said: 

    As we mark three years of this brutal conflict, Putin is still waging a war he thought he would win in three days, because of fierce resistance to the Russian invasion from ordinary Ukrainians – military and civilian alike. 

    In this critical period, Ukrainians need our support to keep them in the fight and to put their nation in the strongest possible position ahead of any talks. That’s why we are stepping up further our UK leadership and life-saving medical support for brave Ukrainian fighters. Our commitment to them is unshakeable. 

    I’m proud of the UK’s leadership in supporting Ukraine, both now and in the long-term, and this new investment in Ukraine’s military medical services will harness the UK’s leading expertise to ensure wounded troops are given the best treatment possible.

    The work will help address a major challenge posed by the conflict, with the largest casualty figures seen in Europe since the Second World War. The support stands in stark contrast to Russia’s widely-reported poor treatment of Russian casualties and veterans, leading to instances of crime and violence when they return from the frontline.

    While a small number of British personnel have been working to deliver the project in Ukraine, nearly 100 Ukrainian surgeons, doctors, and nurses are due to travel to the UK this year to receive further medical training using the latest techniques and equipment. 

    Around £20m of money from a NATO common fund has been invested in the rehabilitation hospital so far, much of which was provided by the UK. In addition to major structural repairs, improvements have included more than £300k worth of new gym equipment, and £400k worth of prosthetics and associated equipment. 

    Norway has also announced it is carrying out similar work to repair and improve a similar facility under the same NATO scheme, working closely with the UK. It comes as both nations have committed to deepen military ties, with a new agreement being drawn up following a visit from the Defence Secretary last week. 

    Defence Medical Services personnel from Project Renovator have been working with the team at the UK’s world-leading equivalent, the Defence Medical Rehabilitation Centre at Stanford Hall, to produce around 50 rehabilitation training videos to support the training of Ukrainian medical staff. 

    Minister for Veterans and People, Alistair Carns DSO, OBE, MC, said:  

    The UK Armed Forces are experts in the area of defence medical services and rehabilitation, pioneering the field during the Second World War.

    These services are absolutely essential to ensuring veterans get the support they need to go back to their daily lives after being on the frontline, especially if wounded.

    The Defence Medical Rehabilitation Centre at Stanford Hall in particular is a world-leading facility, and I am proud that the equipment and the skills of our personnel are being put to good use in supporting Ukraine.

    This year, the UK will spend £4.5 billion on military assistance for Ukraine – more than ever before. Supporting Ukraine in the conflict and to secure a peace deal is critical for the security of Europe and the UK, a foundation for the Prime Minister’s Plan for Change. Earlier this month, the Defence Secretary announced a new £150 million firepower package including drones, tanks and air defence systems.

    Since July 2024, the Government has provided over £5.26 billion in military aid and financial support to Ukraine, including a £3 billion annual military aid and a £2.26 billion loan for military spending. This includes £300 million for artillery ammunition and £68 million for air defence systems, as well as the new £150 million firepower package for thousands of drones, dozens of battle tanks and armoured vehicles.  

    The UK Government has supplied over 90,000 rounds of 155mm artillery, 150 artillery barrels, and 10 AS90 self-propelled howitzers. Air defence support includes 17 Gravehawk systems, 1,000 counter-drone electronic warfare systems, and £68 million for radars and counter-drone tech.  

    The UK has also invested £7.5 million in drone technology and continues training, surpassing 50,000 Ukrainian troops under Operation Interflex. Naval support totals £92 million, providing drones, uncrewed vessels, loitering munitions, and mine countermeasure drones.

    Updates to this page

    Published 24 February 2025

    Invasion of Ukraine

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Kremlin-linked elites face exclusion from UK

    Source: United Kingdom – Executive Government & Departments

    News story

    Kremlin-linked elites face exclusion from UK

    Elites with known links to the Kremlin may be subject to exclusion from the UK in show of steadfast support for Ukraine on 3 year anniversary of invasion.

    Elites linked to the Russian state can be excluded from entering the UK under new measures announced by the Home Secretary today.  

    Under the new measures, the government will expand the criteria for exclusion to cover Kremlin-linked elites. This will ensure that, while Russia remains an acute national security threat, elites linked to the Russian state can be prevented from entering the UK.  

    Those who could be barred from the UK include anyone who:

    • provides significant support to the Russian state
    • owes their significant status or wealth to the Russian state
    • enjoy access to the highest levels of the Russian state

    Kremlin-linked elites can pose a real and present danger to our way of life. They denounce our values in public while enjoying the benefits of the UK in private – benefits which they look to deprive Ukraine of through their support of Russia’s war.  They can act as tools for the Russian state, enabling the continuation and expansion of Russia’s aggression.      

    The move will bolster both UK national interest and national security, one of the key priorities underpinning the government’s Plan for Change, by blocking the physical access of those who undermine UK national security. These new measures will complement the UK’s existing sanctions regime against Russian elites who are supporting Putin’s war effort, which will remain in place as long as Russia threatens Ukraine’s sovereignty.  

    The move follows continued action from the UK to respond to Russia’s illegal war in Ukraine including through imposing extensive sanctions on elites linked to the Russian state, strengthening law enforcement capabilities through the National Crime Agency’s (NCA’s) Combatting Kleptocracy Cell and closing the legislative loopholes open to money laundering by criminal actors.   

    These measures also follow ramped up efforts to tackle Russian illicit finance through the NCA’s Operation Destabilise, successfully disrupting 2 Russian money laundering networks which provided services to Russian oligarchs and helped fund Russian state espionage operations. The NCA-led action led to 84 arrests and over £20 million in illicit funds seized. This work continues and since the disruption, a further £1 million of cash has been seized and a further 6 arrests made.

    This change builds on the UK-Ukraine 100 Year Partnership signed in January, which commits both countries to work together to tackle the malign influence of elites linked to the Russian state.  

    Security Minister Dan Jarvis said:

    Border security is national security, and we will use all the tools at our disposal to protect our country against the threat from Russia.

    The measures announced today slam the door shut to the oligarchs who have enriched themselves at the expense of the Russian people whilst bankrolling this illegal and unjustifiable war.

    My message to Putin’s friends in Moscow is simple: you are not welcome in the UK.

    Since the start of the full-scale invasion, the UK’s total military, economic and humanitarian support for Ukraine amounts to £12.8 billion. We remain committed to the provision of £3 billion of military support a year to put Ukraine in the strongest position possible.  

    Earlier this month, the Defence Secretary led the 50-nation strong Ukraine Defence Contact Group for the first time and announced a further £150 million firepower package for Ukraine, including drones, tanks and air defence systems. 

    Defence Secretary, John Healey MP, said:

    As we mark the third anniversary of Russia’s illegal invasion, Putin is still waging a war he thought he would win in three days, because of fierce resistance from the Ukrainians. Our support for them is unshakeable. 

    I am proud of the UK’s leadership and unity on Ukraine. Keeping the Ukrainians in their fight and as strong as possible at any negotiating table is critical not only for them, but for the security of the UK. These new measures send a powerful message that we will do what it takes to turn the tables on Putin’s aggression.

    Updates to this page

    Published 24 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI: BexBack Launches U-Based Leverage Trading with 25x to 100x Leverage, Adds 45 New Trading Pairs and Double Deposit Bonus No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 24, 2025 (GLOBE NEWSWIRE) — With Bitcoin’s price fluctuating below $100,000, many analysts predict a prolonged period of high volatility in the crypto market. Holding spot positions may struggle to generate short-term profits in such conditions. As a result, 100x leverage futures trading has become the preferred tool for seasoned investors looking to maximize potential gains in this volatile market. BexBack Exchange is ramping up its efforts to offer traders unmatched promotional packages. The platform now features a 100% deposit bonus, a $50 welcome bonus for new users, and 100x leverage on cryptocurrency trading, providing exceptional opportunities for investors.

    In addition to 100x leverage, BexBack is offering new U-based leverage trading options with 25x, 50x, and 75x leverage, giving traders greater flexibility to manage risk while maximizing potential returns. The platform has also added 45 new popular trading pairs, expanding the range of assets available to trade, creating more opportunities for strategic investment.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP, and 50 other major cryptocurrencies for futures contracts.. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

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

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

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

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

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

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

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

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

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d4110cea-b777-4e8a-a7eb-a18dd12391f9

    https://www.globenewswire.com/NewsRoom/AttachmentNg/adc5f0e3-e140-4b4a-9027-4bd52b34fb95

    https://www.globenewswire.com/NewsRoom/AttachmentNg/44223717-8017-48e3-8f16-cc79ec9de8b0

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6fa2fed7-ca6f-4ecb-82e0-464a07c6f8bb

    The MIL Network –

  • MIL-OSI Africa: Entrepreneurship as a way out of poverty? Study in rural Kenya shows why it doesn’t always work

    Source: The Conversation – Africa – By Ralph Hamann, Professor, University of Cape Town

    International development agencies and non-governmental organisations often seek to advance community development by fostering entrepreneurship. The premise is that poor people can enhance their household incomes by establishing small businesses or by adding value to natural resources.

    Such programmes commonly include training and the provision of loans to enable micro-entrepreneurs to get started. But these interventions aren’t straightforward and often fail to achieve their objectives.

    Prior research has pointed to the fundamental economic challenges of entrepreneurship in the context of poverty. Cultural and institutional factors also play a role. Researchers have argued, for instance, that cultural norms of collectivism shape how entrepreneurs define themselves. They are likely to prioritise their roles as mentors or community safety net. This constrains their ability to innovate and grow their businesses.

    We wanted to explore an entrepreneurship-focused intervention in more detail. Specifically, why do some people seem more inclined than others to adopt these new behaviours?

    In a recent paper we set out our findings based on a study we conducted with 25 participants in northern Kenya. We built on our combined interests in entrepreneurship in resource-constrained environments, identity theory, and community development. We found that programme participants responded to the intervention in very different ways, and that religion helped explain these differences.

    Our findings have implications for interventions promoting entrepreneurship as a means to reduce poverty. First, such interventions can create profound identity tensions for participants and so their proponents need to take into account local cultures much more than is commonly the case. Second, entrepreneurship-focused interventions can change participants’ behaviours in ways that potentially disadvantage the poorest community members, leading to greater inequality at the community level.

    On the ground

    The development intervention we examined was aimed at fostering entrepreneurship in extremely poor pastoralist communities. The programme built on a small government cash transfer and put recipients into savings groups of up to 30 people. Participants were encouraged to start small businesses in these group discussions. They also received training in life skills and basic financial and business skills, such as the concept of profit and how to buy and sell goods.

    We found that over the five-year period of our study, an increasing number of pastoralists began engaging in businesses involving the sale of livestock, beadwork, sugar, tea leaves, washing powder and other necessities. But we discovered that these new business-oriented behaviours created profound tensions for the participants, and participants responded in different ways.

    The source of these tensions was in how individuals defined themselves within the local culture.

    The collectivist culture in these communities involved norms such as nkanyit (loosely translated, respect), which meant that people should share their belongings with others. But the training and the credit repayment requirements associated with the intervention made this problematic.

    To make profits and repay loans, the programme participants had to deny other community members’ requests for handouts or loans. This contravened local norms and expectations. It also created the fear that community members might curse the entrepreneur or her or his family.

    One participant explained:

    Business is different from what we were doing; business is not to give credits and also not to just give things to people… but people can curse you {if you say no}.

    Yet participants responded to these tensions in different ways. Some (about one-third of our research participants) gave in to the existing expectations and the need to avoid curses. As a result, they gave handouts to community members and often this led to their business languishing or collapsing. One participant noted:

    When I have food {business goods} in the house, I can’t tell people that I don’t have anything, and they know that I do. I just give some to avoid {curses}.“

    Others, however, continued with the new business activities despite the threat of curses. We discovered that a key factor explaining this was religion.

    Christians believed that their faith would protect them from curses. For some this occurred from the beginning. Others, fearful of curses early on, came to believe that curses would not apply in the context of the businesses that they wanted to keep running.

    For instance, one participant argued:

    Don’t give to people because of the fear of curses, just say no and pray for protection from the curses because God is great.

    Implications

    We highlight the importance of people’s social identities – specifically religious identities – in explaining why some participants are more likely to adopt capitalist behaviours (such as borrowing money to invest in business, or charging consumers interest on loans) than others.

    Organisations delivering entrepreneurship interventions and education in contexts of extreme poverty need to be aware of what identities they are encouraging participants to construct, either directly or indirectly through training and mentorship, and even through the questions that they ask participants.

    They need to be careful about creating tensions between existing cultural norms and the new concepts and behaviours they are introducing.

    More broadly, there may also be unintended negative consequences at the community level. Among the research participants in our study that adopted the entrepreneur role, this was linked to a diminished willingness to support poor community members. So, even if participants in the programme benefit through higher incomes, their entrepreneurial behaviours reduce traditional habits of giving to the needy. This could increase hardships for the very poor and create greater inequalities.

    This article is co-authored by Jody Delichte, and it is based on her PhD research at the University of Cape Town Graduate School of Business. Jody currently works as an international development and culture consultant. We are grateful to Jeremy Upane for his translation support in the field.

    – Entrepreneurship as a way out of poverty? Study in rural Kenya shows why it doesn’t always work
    – https://theconversation.com/entrepreneurship-as-a-way-out-of-poverty-study-in-rural-kenya-shows-why-it-doesnt-always-work-246700

    MIL OSI Africa –

  • MIL-OSI USA: Coalition of Unions, Small Businesses, Veterans, and Conservation Organizations Seek Injunction to Prevent Unlawful Firings

    Source: American Federation of State, County and Municipal Employees Union

    Amended Complaint also Targets Illegal “Five Things” Email

    WASHINGTON, D.C. – In their lawsuit attempting to block the unlawful mass terminations of probationary federal employees, some of the nation’s largest and most influential public service unions, along with small businesses, veterans, and conservation organizations, have filed for a temporary restraining order (TRO) against the Office of Personnel Management (OPM) and its Acting Director, Charles Ezell. The TRO would stop OPM from directing the unlawful firings, which the plaintiffs refer to in their complaint as “one of the most massive employment frauds in the history of this country.”

    The complaint, filed last week and amended yesterday, says that OPM’s egregious firings were made on false pretenses and violate federal law, including the Administrative Procedure Act and other statutes defining federal employment and OPM’s role. These firings were executed across federal agencies, based on directives from OPM. OPM, the complaint asserts, acted unlawfully by directing federal agencies to use a standardized termination notice falsely claiming performance issues. Congress, not OPM,controls and authorizes federal employment and related spending by the federal administrative agencies, and Congress has determined that each agency is responsible for managing its own employees.   

    In federal service, new employees and employees who change positions (including through promotions) have probationary status. The plaintiffs claim that OPM is exploiting and misusing the probationary period to eliminate staff across federal agencies.

    The amended complaint is the first to target OPM’s illegal demand that federal employees enumerate five accomplishments of the previous week. The demand, which has been widely derided, is also a violation of the Administrative Procedure Act, as explained in the complaint. “This request, and the resulting confusion, is not just inappropriate – it is disruptive to essential government functions,” said AFGE National President Everett Kelley, in a letter to Acting Director Ezell.

    With respect to the termination of the provisional employees,“small business owners across the country rely on the Small Business Administration for access to capital, technical assistance, government contracting, disaster relief and many other critical services. Main street businesses also rely on consistent and predictable permitting and regulation,” said Richard Trent, Executive Director for the Main Street Alliance. “More than 20 million new small businesses have formed in the US since 2020. OPM should immediately stop this chaos. MSA will keep fighting until they do.”

    “Units of the National Park System across the country – who are already struggling with a lack of staff – have been impacted by the unlawful and reckless firings of federal employees,” said Phil Francis, Chair of the Executive Council of the Coalition to Protect America’s National Parks. “We know these reductions in staff will lead to partial or full park closures, safety concerns due to a lack of  emergency responders, reduction or elimination of visitor center operations, a lack of maintenance including filthy restrooms, and an increased risk of harm to plants, animals, and other natural and cultural resources. These mass firings hurt our national parks and they hurt surrounding communities that depend on tourism and visitor spending to help support the local economy. The Coalition appreciates and supports our NPS employees and all federal workers who work tirelessly to conserve and protect our country’s national parks and public lands.”

    “Federal land and wildlife agencies are already understaffed, and the Trump administration’s recent hatchet-job on federal employees is resulting in chaos that will reduce federal oversight over lands that are supposed to be managed for the public interest, with conservation of lands, wildlife, and watersheds an important focus,” said Erik Molvar, a wildlife biologist and Executive Director of Western Watersheds Project. “We are concerned that these new job cuts will result in less federal oversight over public lands, allowing loggers, grazers, and drillers to get away with serious land abuses.”

    “This administration’s mass firings are a direct attack on the working people who have dedicated their lives to public service, including thousands of veterans. These reckless terminations threaten their livelihoods, their families, and their ability to continue serving their country, but the harm doesn’t stop there. Working families across the country could suffer from cuts to essential government services, whether it’s VA hospitals, disaster relief, or public safety,” said Jose Vasquez, Executive Director, CommonDefense.us. “This is not just bureaucratic mismanagement, it’s an assault on our nation from within. Common Defense stands with our fellow plaintiffs to demand an immediate stop to this unlawful purge and to defend the veterans, military families, and public servants who keep our government running.”

    “Veterans constitute approximately 30% of the federal workforce.  The recent mass layoffs have disproportionately affected them, leading to job losses and increased uncertainty. Many veterans rely on federal employment for stability, and these cuts have disrupted their livelihoods, said VoteVets Action Fund Chairman Major General (Ret.) Paul Eaton. “In addition, the termination of tens of thousands of probationary federal employees has had an adverse impact on the services provided to veterans, leading to staffing shortages, diminished support for critical programs, and increased uncertainty for veterans and their families.”

    “This administration has abused the probationary period to conduct a chaotic, ill-informed, and politically-driven firing spree. The result has been the indiscriminate firing of thousands of patriotic public servants across the country who help veterans in crisis, ensure the safety of our nuclear weapons, keep power flowing to American homes, combat the bird flu, and provide other essential services,” said AFGE National President Everett Kelley. “These actions aren’t just illegal. They are hurting everyday Americans and making us all less safe. It’s a stark reminder of the price we all pay when you stack the government with political loyalists instead of professionals.”

    “Overnight, tens of thousands of federal employees received the same termination letter citing ‘performance issues’ without any explanation or reasoning,” said AFSCME President Lee Saunders. “These mass firings are yet another unlawful attempt by this billionaire-run administration to gut public services without regard to the health and safety of our communities. Federal workers are qualified professionals who make our nation stronger – supporting our schools, parks, hospitals and vital infrastructure. We will keep fighting these attacks on their freedoms that threaten everything from food safety to national security to health care.”

    “New hires are crucial as our country continues to face nurse staffing challenges. Indiscriminately firing these nurses, who are essential to the care their units provide, could truly cost lives,” said Charmaine S. Morales, RN and UNAC/UHCP President.

    Ambassador Norm Eisen, representing the plaintiffs and executive chair of SDDF, said, “SDDF is proud to stand with leading public service unions and others in this critical fight to protect their members, who dedicate their lives to serving our nation. The mass firings ordered by OPM are illegal and betray the trust of countless federal employees. The patronizing demand that federal workers still on the job have to justify themselves by enumerating five accomplishments just adds insult to injury. That too is against the law. We are committed to protecting all these workers.”

    The TRO motion is available here.
    The memorandum in support of the TRO is available here.
    The proposed TRO order is available here.
    The amended complaint is available here.

    # # #

     

    The Main Street Alliance champions the voices of small business owners to create a thriving economy. We cultivate a network of entrepreneurs, connecting them with resources to build sustainable enterprises. Our membership drives state and federal policymaking that gives a fair shot to small businesses and strengthens communities nationwide.
    Western Watersheds Project is a unionized nonprofit conservation group dedicated to protecting and restoring wildlife and watersheds throughout the American West.
    Common Defense Civic Engagement (“CommonDefense.us”) is a grassroots membership organization of progressive veterans, military families, and civilian supporters standing up for our communities against the rising tide of racism, hate, and violence. Common Defense invests in the leadership of its members through training and deployment in campaigns that connect directly to their history of service, including voting rights, climate justice, and anti-militarism. Approximately 33,187 of Common Defense’s members live in California, including approximately 2,000 veterans.
    VoteVets uses public issue campaigns to relentlessly lift up the voices of veterans on matters of national security, veterans’ care, and everyday issues that affect the lives of those who served, and their families.
    Altshuler Berzon LLP is a California law firm that  focuses on providing legal representation in the service of economic justice and the public interest. The law firm represents clients in federal and state trial and appellate courts and before administrative agencies.
    State Democracy Defenders Fund brings together a nonpartisan team to work with national, state and local allies across the country to defend in real-time the foundations of our democracy.

    MIL OSI USA News –

  • MIL-OSI: Risk Strategies Appoints Craig D. Simon Managing Director, Private Equity

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Feb. 24, 2025 (GLOBE NEWSWIRE) — Risk Strategies, a leading North American specialty insurance brokerage and risk management and consulting firm, today announced it has hired Craig D. Simon as Managing Director in its National Private Equity Practice. In his role, Simon will be responsible for brokering, servicing, and program administration for clients in the private equity sector.

    Based in New York City, Simon brings over 25 years of experience to the Risk Strategies private equity practice. Simon is an expert in designing and implementing non-traditional and alternative risk management programs. He is a well-respected industry expert whose opinion with clients and leading trade and business publications, is frequently sought.

    “Bringing Craig on board is a real win for this practice,” said Neil Krauter Sr., National Private Equity Practice Leader, Risk Strategies. “His reputation as both an industry expert and team leader are well deserved, and we are excited to see the difference he will make for our clients and our business.”

    Prior to joining Risk Strategies, Simon was a Team Leader for U.S. Energy & Power at Marsh. He also served as Senior Managing Director at Crystal & Company (now Alliant) for over 15 years, overseeing the firm’s liability insurance placement and brokering operations. Simon previously led the U.S. liability insurance brokering as the National Casualty Practice Leader for Willis North America (now Willis Towers Watson).

    “I’m excited to join the practice at Risk Strategies and work with a team of true specialists,” said Simon. “Over my career, I have seen the power that focused industry expertise has for clients. Risk Strategies has built its success on this approach, and I’m excited to help grow this business.”

    A graduate of Hofstra University, Simon holds a Master of Business Administration in finance as well as a Bachelor of Arts in economics.

    About Risk Strategies

    Risk Strategies, part of Accession Risk Management Group, is a North American specialty brokerage firm offering comprehensive risk management services, property and casualty insurance and reinsurance placement, employee benefits, private client services, consulting services, and financial & wealth solutions. The 9th largest U.S. privately held broker, we advise businesses and personal clients, have access to all major insurance markets, and 30+ specialty industry and product line practices and experts in 200+ offices – Atlanta, Boston, Charlotte, Chicago, Dallas, Grand Cayman, Kansas City, Los Angeles, Miami, Montreal, Nashville, New York City, Philadelphia, San Francisco, Toronto, and Washington, DC. RiskStrategies.com

    Media Contact
    Alana Bannan
    Senior Account Executive
    360-975-1812
    Rsc@matternow.com

    The MIL Network –

  • MIL-OSI: CoinShares Confirms Zero Exposure to Bybit Exchange

    Source: GlobeNewswire (MIL-OSI)

    24th February 2024 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares” or “the Group”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF), a leading global investment company specialising in digital assets, today confirms that it has no exposure to the Bybit exchange.

    ABOUT COINSHARES

    CoinShares is a leading global investment company specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, Switzerland, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, and in the US by the Securities and Exchange Commission, National Futures Association and Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

    For more information on CoinShares, please visit: https://coinshares.com
    Company | +44 (0)1534 513 100 | enquiries@coinshares.com
    Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com 

    PRESS CONTACT

    CoinShares
    Benoît Pellevoizin
    bpellevoizin@coinshares.com

    M Group Strategic Communications
    Peter Padovano
    press@coinshares.com

    The MIL Network –

  • MIL-OSI: Toobit Joins Web3 Amsterdam as Platinum Sponsor, Expands Reach in Europe

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Islands, Feb. 24, 2025 (GLOBE NEWSWIRE) — Award-winning cryptocurrency derivatives trading platform Toobit is further expanding its presence into the Netherlands, attending and sponsoring Web3 Amsterdam 2025 on March 13-14 as a Platinum Sponsor.

    The event is a leading annual conference in the titular city, serving as a hub for Web3 enthusiasts, innovators, and industry leaders to explore the latest trends, foster collaboration, and drive mass adoption of decentralized technologies.

    “In-person Web3 events provide a valuable space for industry players to exchange ideas, discuss challenges, and explore partnerships,” said Mike Williams, Chief Communication Officer of Toobit, “Seeing eye to eye is the basis for building long-term trust. We look forward to contributing to these conversations while further exploring opportunities for collaboration within the European crypto ecosystem.”

    The conference will feature discussions on Web3 applications, and regulatory developments, offering a platform for dialogue between companies, affiliates, developers, and investors. Toobit’s team will be present throughout the event, participating in discussions and networking with local professionals.

    Web3 companies are increasingly turning to offline engagement to establish trust and strengthen their presence in key regions. By taking part in Web3 Amsterdam, Toobit joins a wider industry effort to foster transparency, innovation, and collaboration in the digital asset space.

    For more information about Web3 Amsterdam, visit https://web3amsterdam.com/.

    About Toobit

    Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what’s next.

    For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

    Contact: Davin C.

    Email: market@toobit.com

    Website: www.toobit.com

    Disclaimer: This content is provided by Toobit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining and related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/15b7f72a-df04-4d0d-af73-3b8d4fd2c6f2

    The MIL Network –

  • MIL-OSI: No. 1/2025 – Financial calendar 2025/2026

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen                                                                                   
    Nikolaj Plads 6
    DK-1067 Copenhagen K   

    Copenhagen, 24 February 2025
    ANNOUNCEMENT no. 1/2025

    FINANCIAL CALENDAR 2025/2026

    The financial calendar for 2025/2026 has been scheduled as follows:

    2025:                           

    25.02.2025  Annual Report 2024                           

    26.03.2025  Annual General Meeting

    27.08.2025 Interim Report, H1 2025                    

    2026:

    25.02.2026 Annual Report 2025                           

    25.03.2026  Annual General Meeting

    Cemat A/S 

    Frede Clausen
    Chairman of the Board

    This announcement has been prepared in a Danish-language and an English-language version. In case of doubt, the Danish version prevails.

    Attachment

    The MIL Network –

  • MIL-OSI Global: Africa relies too heavily on foreign aid for health – 4 ways to fix this

    Source: The Conversation – Africa – By Francisca Mutapi, Professor in Global Health Infection and Immunity. and co-Director of the Global Health Academy, University of Edinburgh

    There’s been a global trend in the reduction of aid to Africa since 2018. Donors are shifting their funding priorities in response to domestic and international agendas. Germany, France and Norway, for instance, have all reduced their aid to Africa in the past five years. And, in 2020, the UK government reduced its Overseas Development Aid from 0.7% of gross national income to 0.5%.

    Many health services across the African continent rely heavily on overseas aid to provide essential care. International funding supports everything from vaccines and HIV treatment to maternal health programmes.

    Cuts to aid, particularly unilateral ones, can have widespread implications. For instance, about 72 million people missed out on treatment for neglected tropical diseases between 2021 and 2022 due to UK aid cuts.

    The freeze of US aid to Africa in January 2025 is the latest in this trend. It’s already having significant and wide-ranging impacts across the African continent. For example, vaccination campaigns for polio eradication and HIV/Aids treatment through the President’s Emergency Plan for AIDS Relief (Pepfar) have been stopped. This puts millions of lives at risk. In South Africa alone, the cut of Pepfar’s US$400 million a year to HIV programmes risks patients defaulting on treatment, infection rates going up and eventually a rise in deaths.

    President Donald Trump’s actions have highlighted Africa’s reliance on foreign aid for health funding. I’m a global health expert who sits on various funding and advisory boards, including those of the World Health Organization (WHO), the UK government and boards of global resource mobilisation organisations. I am well aware of the competing funding priorities for international funders and have long advocated for local, sustainable health funding mechanisms.

    Long-term strategies to reduce aid dependency are critical. Breaking away from this current funding status requires concerted efforts building on proven best practice.



    Read more:
    How nonprofits abroad can fill gaps when the US government cuts off foreign aid

    Country-leadership and ownership

    African countries currently face the unique challenge of simultaneously dealing with high rates of communicable diseases, such as malaria and HIV/Aids, and rising levels of non-communicable diseases, such as cardiovascular diseases and diabetes.

    But Africa’s health systems are not sufficiently resourced. They’re not able to provide appropriate, accessible and affordable healthcare to address these challenges.

    African governments spend less than 10% of their GDP on health, amounting to capital expenditure of US$4.5 billion. This falls short of the estimated US$26 billion annual investment needed to meet evolving health needs.

    Aid goes towards filling this funding gap. For example, in 2021, half of sub-Saharan African countries relied on external financing, such as grants and loans, for more than one-third of their health expenditures.

    Foreign aid has helped. But it clearly leaves African countries vulnerable to the political mood swings among funders.

    It also leads to loss of self-determination in terms of health priorities as, ultimately, the funder determines the health priorities. This is one reason why many programmes in Africa focus on a single disease, such as HIV. This leads to poorly integrated health services. For instance health workers or services are channelled into managing a single disease.

    New, underutilised financing options

    The current trajectory of reduced aid to Africa is likely to continue. Global aid is being directed to other challenges, such as conflict and illegal immigration.

    The continent cannot continue on the same path while hoping for different outcomes. Africa needs to grow a range of immediately available domestic financing options. Many of these are underutilised and include:

    1.) Diversifying domestic resource mobilisation. This should include commodity taxation to fund health. For instance, tobacco taxes which are currently underutilised in Africa.

    Zimbabwe offers a successful example. It has bridged donor resource gaps through its 3% Aids levy (started in 1999). Imposed on both individual and corporate incomes, it funds domestic HIV/Aids prevention, care and treatment programmes.

    Nigeria’s another country that’s taken initiative, prioritising domestic budget allocation to health. It recently absorbed the 28,000 healthworkers formerly paid by USAid. This demonstrates that domestic health financing in Africa is possible.

    2.) More private-public partnerships. Formed between local and international philanthropies or institutions, these can bridge financing gaps.

    One successful example is the 2015 health service provision partnership between the Kenyan government and GE Healthcare. GE Healthcare provides radiography equipment and services which the government pays for over time. This allows the government to budget and plan healthcare expenditure over several years.

    3.) Promotion of regional integration to boost local production. This will reduce the need for aid-funded imported medical products.

    For instance, the African Union’s harmonised Africa Medicines Authority registration facility creates a single continental market for medicines. This supports local producers and exporters, by allowing them to operate on a larger scale. It also makes production and distribution more cost-effective. Finally, it reduces the reliance on imported medicines, strengthening Africa’s pharmaceutical industry.

    4.) Leverage development finance institutions. These are specialised financial organisations – such as the Africa Development Bank, African Export-Import Bank and the Development Bank of Southern Africa. They can provide capital and expertise to projects deemed too risky for traditional investors. This includes support for health financing for infrastructure development, private sector development for small and medium-sized enterprises and the regional integration.

    One transformative initiative is the AfricInvest investment platform. With support from development finance institutions in the US and Europe, AfricInvest has raised over US$100 million for health investment in Africa. It has funded at least 45 dialysis facilities in Africa, delivering over 130,000 dialysis sessions annually, primarily to remote and underserved communities all at affordable costs.

    A combination of these approaches at national, regional and continental level will accelerate Africa’s withdrawal from aid dependency.

    Francisca Mutapi receives funding from the Aspen Global Innovation Programme, Scottish Funding Council funding to the University of Edinburgh, Academy of Medical Sciences, British Academy and the Royal Society. Francisca Mutapi is the Deputy Director of the Tackling Infections to Benefit Africa (TIBA) Partnership and Deputy Board Chair of Uniting to Combat NTDS. She sits on the UK Foreign, Commonwealth & Development Office (FCDO) and WHO Africa Regional Director’s Scientific Advisory Groups.

    – ref. Africa relies too heavily on foreign aid for health – 4 ways to fix this – https://theconversation.com/africa-relies-too-heavily-on-foreign-aid-for-health-4-ways-to-fix-this-249886

    MIL OSI – Global Reports –