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Category: Economy

  • MIL-OSI Russia: China hopes to optimize trade and expand cooperation with Egypt – Premier of the State Council of the People’s Republic of China /more details/

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    CAIRO, July 10 (Xinhua) — China is willing to work with Egypt to advance the optimization and development of bilateral trade and create more bright spots for cooperation and new economic growth points, Chinese Premier Li Qiang said in Cairo on Thursday.

    As Li Qiang noted during talks with Egyptian Prime Minister Mostafa Madbouly, the two countries can expand cooperation in emerging areas such as new energy, electric vehicles, artificial intelligence and the digital economy.

    The Premier stressed that China always prioritizes developing relations with Egypt in its diplomacy in the Middle East.

    He recalled that in 2024, China and Egypt jointly celebrated the 10th anniversary of the establishment of comprehensive strategic partnership relations, and the two meetings between Chinese President Xi Jinping and Egyptian President Abdel Fattah el-Sisi set guidelines for the future development of bilateral ties.

    In 2026, China and Egypt will celebrate the 70th anniversary of the establishment of diplomatic relations. As Li Qiang pointed out, at this important juncture, China hopes to maintain close high-level exchanges with Egypt, strengthen strategic dialogue, deepen political mutual trust and practical cooperation.

    The Chinese leader called on both sides to support each other on the path to modernization, bringing more benefits to the peoples of the two countries.

    The Premier of the State Council said that China is willing to work with Egypt to strengthen the alignment of development strategies, expand and increase investment and cooperation within the framework of high-quality joint construction of the Belt and Road, and effectively implement projects to improve people’s well-being.

    As Li Qiang noted, the two sides should intensify cultural and humanitarian exchanges and mutual learning, deepen cooperation in the fields of culture, tourism, media, youth and at the local level, strengthening public support for friendly cooperation between the two countries.

    The Chinese side supports Egypt in strengthening its role in international and regional affairs, and is willing to closely coordinate and cooperate with Egypt within the framework of multilateral mechanisms such as the UN and the Shanghai Cooperation Organization to implement genuine multilateralism, uphold economic globalization and the international economic and trade order, safeguard the common interests of a wide range of developing countries, and promote peace and stability in the Middle East and the world, the Chinese premier added.

    M. Madbouly, for his part, noted that Egypt and China have long-standing and deep relations, and traditional friendship is deeply rooted in the hearts of the peoples of both countries.

    Pointing out that in recent years, under the leadership of the two heads of state, the Egyptian-Chinese comprehensive strategic partnership has shown strong momentum and is experiencing the best period in history, M. Madbouly stressed that Egypt firmly adheres to the one-China principle, respects the sovereignty and territorial integrity of the PRC, resolutely supports China’s position on issues related to Taiwan, Xi Jinping and Hong Kong, and is categorically opposed to any interference in China’s internal affairs.

    He expressed gratitude to China for its assistance in Egypt’s socio-economic development and said that his country is willing to work with China to deepen political mutual trust, strengthen cooperation in traditional areas such as trade, investment, finance, industry and infrastructure, expand cooperation in emerging sectors including new energy, green economy and space, intensify cultural and people-to-people exchanges and promote ever-new achievements in African-Chinese and Arab-Chinese cooperation.

    According to Madbouly, Egypt highly appreciates China’s fair and just position on Middle East issues and is willing to strengthen coordination with China within the UN, BRICS and other multilateral platforms to protect common interests and maintain peace and stability in the region.

    Following the talks, the heads of government of the two countries attended the signing of a number of documents on cooperation in areas such as e-commerce, green and low-carbon development, development assistance, finance and healthcare. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: China hopes to optimize trade, expand cooperation with Egypt – Premier of the State Council of the People’s Republic of China

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    CAIRO, July 10 (Xinhua) — China is willing to work with Egypt to advance the optimization and development of bilateral trade and create more bright spots for cooperation and new economic growth points, Chinese Premier Li Qiang said in Cairo on Thursday.

    As Li Qiang noted during talks with Egyptian Prime Minister Mostafa Madbouly, the two countries can expand cooperation in emerging areas such as new energy, electric vehicles, artificial intelligence and the digital economy.

    The Premier stressed that China always prioritizes developing relations with Egypt in its diplomacy in the Middle East.

    He recalled that in 2024, China and Egypt jointly celebrated the 10th anniversary of the establishment of comprehensive strategic partnership relations, and the two meetings between Chinese President Xi Jinping and Egyptian President Abdel Fattah el-Sisi set guidelines for the future development of bilateral ties.

    In 2026, China and Egypt will celebrate the 70th anniversary of the establishment of diplomatic relations. As Li Qiang pointed out, at this important juncture, China hopes to maintain close high-level exchanges with Egypt, strengthen strategic dialogue, deepen political mutual trust and practical cooperation.

    The Chinese leader called on both sides to support each other on the path to modernization, bringing more benefits to the peoples of the two countries.

    The Premier of the State Council said that China is willing to work with Egypt to strengthen the alignment of development strategies, expand and increase investment and cooperation within the framework of high-quality joint construction of the Belt and Road, and effectively implement projects to improve people’s well-being.

    As Li Qiang noted, the two sides should intensify cultural and humanitarian exchanges and mutual learning, deepen cooperation in the fields of culture, tourism, media, youth and at the local level, strengthening public support for friendly cooperation between the two countries.

    The Chinese side supports Egypt in strengthening its role in international and regional affairs, and is willing to closely coordinate and cooperate with Egypt within the framework of multilateral mechanisms such as the UN and the Shanghai Cooperation Organization to implement genuine multilateralism, uphold economic globalization and the international economic and trade order, safeguard the common interests of a wide range of developing countries, and promote peace and stability in the Middle East and the world, the Chinese premier added. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI China: China ready to optimize trade, expand cooperation with Egypt — premier

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

    Chinese Premier Li Qiang holds talks with Egyptian Prime Minister Mostafa Kamal Madbouly in Cairo, Egypt, July 10, 2025. [Photo/Xinhua]

    CAIRO, July 10 — Chinese Premier Li Qiang said here Thursday that China is willing to work with Egypt to optimize the development of bilateral trade and create more highlights of cooperation as well as new drivers of economic growth.

    The two countries can expand cooperation in emerging fields such as new energy, electric vehicles, artificial intelligence and digital economy, Li said during his meeting with Egyptian Prime Minister Mostafa Kamal Madbouly.

    China has always prioritized developing relations with Egypt in its Mideast diplomacy, Li said.

    In 2024, China and Egypt jointly celebrated the 10th anniversary of their comprehensive strategic partnership and the two meetings between Chinese President Xi Jinping and Egyptian President Abdel Fattah El-Sisi provided guidance for the future development of bilateral ties, Li said.

    In 2026, China and Egypt will celebrate the 70th anniversary of the establishment of diplomatic relations. At this pivotal juncture, China is willing to maintain close high-level exchanges with Egypt, strengthen strategic dialogue, consolidate political mutual trust, and deepen practical cooperation, Li said.

    He called on both sides to support each other on the path to modernization and bring greater benefits to their peoples.

    Li pointed out that China is willing to strengthen the alignment of development strategies with Egypt, expand and enhance investment and cooperation within the framework of high-quality Belt and Road cooperation, and effectively implement livelihood improvement projects.

    The two sides should enhance people-to-people and cultural exchanges and mutual learning, deepen cooperation in areas such as culture, tourism, media, youth and local affairs, and further strengthen the public support for friendly cooperation between the two countries, he said.

    China supports Egypt in playing a greater role in international and regional affairs and is willing to closely coordinate and cooperate with Egypt within multilateral frameworks such as the United Nations and the Shanghai Cooperation Organization to practice genuine multilateralism, safeguard economic globalization and international economic and trade order, defend the common interests of developing countries, and promote peace and stability in the Middle East and the world, Li added.

    For his part, Madbouly noted that Egypt and China have been enjoying long-standing and profound relations, with traditional friendship deeply rooted in the hearts of the two peoples.

    In recent years, under the leadership of the two heads of state, the Egypt-China comprehensive strategic partnership has shown a strong momentum, and is at its best in history, he said, adding that Egypt firmly upholds the one-China principle, respects China’s sovereignty and territorial integrity, firmly supports China’s stance on the Taiwan question and issues related to Xizang and Hong Kong, and resolutely opposes any interference in China’s internal affairs.

    Expressing gratitude for China’s assistance in Egypt’s economic and social development, Madbouly said the country is willing to expand political mutual trust with China, strengthen cooperation in traditional areas such as trade, investment, finance, industry and infrastructure, expand collaboration in emerging fields including new energy, green economy and space, enhance people-to-people exchanges, and promote more achievements in Africa-China and Arab-China cooperation.

    Egypt highly appreciates China’s just and fair stance on Mideast issues and stands ready to strengthen coordination with China within the United Nations, the BRICS and other multilateral frameworks to safeguard common interests and uphold regional peace and stability, he said.

    After the meeting, Li and Madbouly jointly witnessed the signing of multiple cooperation documents in such areas as e-commerce, green and low-carbon development, development assistance, finance and health.

    Chinese Premier Li Qiang holds talks with Egyptian Prime Minister Mostafa Kamal Madbouly in Cairo, Egypt, July 10, 2025. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI Analysis: Israel’s relocation plan for Palestinians and fading hopes for a ceasefire

    Source: The Conversation – UK – By Jonathan Este, Senior International Affairs Editor, Associate Editor

    This article was first published in The Conversation UK’s World Affairs Briefing email newsletter. Sign up to receive weekly analysis of the latest developments in international relations, direct to your inbox.

    It was revealing this week to read reports of Benjamin Netanyahu’s meeting with Donald Trump (his third White House visit since Trump’s inauguration in January). There was no sense that the US president upped the pressure on the Israeli prime minister to soften Israel’s conditions in order to secure a ceasefire. Instead the pair appears to have discussed the prospect of moving large numbers of Palestinians out of the Gaza Strip to countries what would, as Netanyahu put it, “give Palestinians a better future”.

    If Israel’s defence minister, Israel Katz, has his way, the future for those Palestinians who want to stay put does indeed look pretty bleak. And the 57,000 people who, according to figures collated by the Hamas-run Gaza health ministry, have lost their lives since the Israeli assault on Gaza began back in October 2023, have no future at all.

    But the plan for the future of Gazan Palestinians that Katz unveiled this week will horrify many too. It involves the construction of a “humanitarian city” at Rafah, close to the Egyptian border at the very southern end of the Strip. Under the plan, people entering the city will be searched for weapons and checked for affiliation to Hamas. Once in, they will not be allowed to leave, except to depart from Gaza altogether.

    Sign up to receive our weekly World Affairs Briefing newsletter from The Conversation UK. Every Thursday we’ll bring you expert analysis of the big stories in international relations.

    This immediately prompted critics to accuse the Israeli government of ethnic cleansing. James Sweeney, an expert in human rights and international law at the University of Lancaster, believes that, if Israel were to carry out Katz’s plan, there would be strong case against political and military leaders for war crimes and crimes against humanity. He argues that the plan amounts at the very least to the forcible transfer of civilians prohibited under the Geneva conventions and the Rome statute, which underpins the International Criminal Court (ICC).

    The snag, as Sweeney sees it, is going to be enforcing international law. While there is an ICC warrant out for the arrests of Netanyahu and his former defence minister, Yoav Gallant, the Israeli prime minister was able to visit Washington without fear of being apprehended. The US doesn’t recognise the ICC and, indeed, the prosecutor that issued the warrant against Netanyahu and Gallant is now subject to US sanctions.



    Read more:
    Plans to relocate Gazans to a ‘humanitarian city’ look like a crime against humanity – international law expert

    Of course, what happens in Gaza tends to reverberate throughout the region. If hundreds of thousands of Palestinian citizens are moved out of Gaza, it’s likely to be to one of the neighbouring countries. When the idea of a Trump Riviera was first mooted earlier this year, the US president said the Palestinian population could be rehomed in Egypt or Jordan – something both those countries pushed back against with alacrity.

    And the powerful Gulf States, which Trump was keen to woo as business partners when he made a tour of the region in May, are also deeply concerned about Israel’s conduct of its military campaign in Gaza. Geopolitics aside, their populations are broadly sympathetic to the Palestinian people, so a plan to force them out of their homes is unacceptable for Gulf leaders.

    Scott Lucas, an expert in Middle East politics at University College Dublin, gives us a broader view of the region. He describes what he calls two “kaleidoscope moments” when one event has changed the entire region. The first was the Hamas attack of October 7. This brought to an abrupt end the process of normalisation of relations between Israel and Saudi Arabia. The second was the 12-day war between Israel and Iran, which has further isolated Israel. Lucas believes for there to be any hope of regional stability and the furthering of Israeli relations with the rest of the region, the war in Gaza must end.



    Read more:
    As Netanyahu meets Trump in Washington, what hope for peace in Gaza? Expert Q&A

    Ali Mamouri, a Middle East scholar at Australia’s Deakin University doesn’t believe there’s much chance of this happening any time soon. Part of this is political: Netanyahu still depends on the far-right elements of his coalition represented by national security minister Itamar Ben-Gvir and finance minister, Bezalel Smotrich. They remain steadfastly opposed to even a ceasefire and want to see Israel expel Palestinians by hook or by crook.

    Also, by prolonging the war, Netanyahu can keep delaying his corruption trial (incidentally, Donald Trump has called for the charges to be dropped altogether).

    And the idea of full statehood for Palestine remains anathema for Israel, as Netanyahu made clear this week talking with journalists after his meeting with Trump when he made clear his insistence that far from pulling Israeli troops out of Gaza, Israel would keep full control of all security matters there: “Now, people will say: ‘It’s not a complete state, it’s not a state.’ We don’t care,” he said.

    Mansour concludes: “The coming weeks will reveal whether Israel chooses the path of compromise and coexistence, or continues down a road that forecloses the possibility of lasting peace.”



    Read more:
    The US has high hopes for a new Gaza ceasefire, but Israel’s long-term aims seem far less peaceful

    Europe must step up over Ukraine

    Just as the picture remains bleak in Gaza, the prospects for peace remain very slim in Ukraine. Although given Donald Trump’s mercurial approach to foreign affairs, it’s also fair to say that anything is possible.

    This week the US president decided to recommence US arms supplies to Ukraine, having previously frozen military aid (although he insists this was done by his defense secretary, Pete Hegseth, and that he was “blindsided” by the move). His relationship with Putin appears to have soured – for the present at least. He said: “We get a lot of bullshit thrown at us by Putin, if you want to know the truth. He’s very nice all of the time, but it turns out to be meaningless.”

    And at the most recent Nato summit in The Hague on June 25, Trump put his signature to a declaration that Russia poses “long-term threat … to Euro-Atlantic security” and that Nato member states retain “their enduring sovereign commitments to provide support to Ukraine”.

    But Stefan Wolff, an expert in international security at the University of Birmingham, believes that Nato’s European members cannot bank on the US as a reliable long-term partner. There are few signs that the US is pressuring Russia to compromise on its maximalist aims, which remain unchanged since it invaded Ukraine in February 2022. So Russia remains the most urgent threat to European security. And it’s a threat that Europe will need to prepare to confront, if necessary without US assistance.

    But there are signs that many European countries are preparing to do just that, Wolff writes. Increased commitments to defence spending are a strong start. As he concludes: “They will not turn Europe into a military heavyweight overnight. But they will buy time to do so.”



    Read more:
    US backs Nato’s latest pledge of support for Ukraine, but in reality seems to have abandoned its European partners

    Understandably, much of the reporting of the war in Ukraine has focused on the human tragedy unfolding in the war-torn country: the enormous casualty list on both sides, civilians killed or forced from their homes in the fighting, and the Ukrainian citizens forced to live under Russian occupation.

    But a new film, which premiered recently at the Tribeca film festival, looks at War Through the Eyes of Animals. Janine Natalya Clark, an expert in transitional justice at the University of Birmingham, has done similar. Clark interviewed a number of Ukrainian natural scientists including botanists, ornithologists, herpetologists (who study reptiles and amphibians) and a marine biologist. She asked them to make sound recordings in their area to reflect on how the war is affecting Ukraine’s flora and fauna.

    What emerged was extraordinary and reflects how the conflict has affected the natural world in both positive and negative ways. Clark believes that this information will be invaluable when it comes to rebuilding Ukraine and in securing justice and reparations for the damage done – not just to humans, but to Ukraine’s animals and the habitats in which they live.



    Read more:
    Sound recordings can give us an animal-eye view of the war in Ukraine

    In Russia, meanwhile, a controversial measure introduced by the Putin government is dividing public opinion. In some parts of the country, schoolgirls who become pregnant are being paid more than 100,000 roubles (nearly £900) for giving birth and raising their babies.

    Jannifer Mathers, a Russia expert at Aberystwyth University, looks at the rise of pronatalism in the face of declining populations and finds it’s not just an issue in Russia, but for many other countries as well, including the US.



    Read more:
    Russia is paying schoolgirls to have babies. Why is pronatalism on the rise around the world?

    World Affairs Briefing from The Conversation UK is available as a weekly email newsletter. Click here to get updates directly in your inbox.

    – ref. Israel’s relocation plan for Palestinians and fading hopes for a ceasefire – https://theconversation.com/israels-relocation-plan-for-palestinians-and-fading-hopes-for-a-ceasefire-260933

    MIL OSI Analysis –

  • MIL-OSI USA: Following Court Ruling Blocking Click-To-Cancel Rule, Schatz, Kennedy Introduce Legislation To Stop Deceptive Subscription Business Practices

    US Senate News:

    Source: United States Senator for Hawaii Brian Schatz

    WASHINGTON – Following a ruling from a federal court that blocked the Federal Trade Commission’s “click-to-cancel” rule that was set to go into effect on Monday, U.S. Senators Brian Schatz (D-Hawai‘i) and John Kennedy (R-La.) introduced the Unsubscribe Act. The bipartisan bill would require companies to be more transparent about their subscription-based business models and make it easier for consumers to cancel their subscriptions once their free or reduced-price trial period has ended.

    “Our bill will require companies to be more transparent about their business model and make it easier for consumers to avoid costly, automatic monthly charges they never intended to make,” said Senator Schatz. “The subscription-based business model is exploding, and it’s largely because of the deceptive practices that some companies use to lure and trap in customers. When people sign up for a free trial, they shouldn’t have to jump through hoops just to cancel their subscription before being charged.”

    “The average American is all too familiar with the headache of running around in circles to cancel a subscription before their free trial expires. Our common-sense Unsubscribe Act would make sure companies are upfront about automatic charges and make it easier to cancel subscriptions without the convoluted song-and-dance routine,” said Senator Kennedy.

    From video streaming and news to food delivery and fashion, subscription-based services have become a key part of today’s economy. A major driver of their growth is the use of free or low-cost trial offers to attract new customers. These trials give users a chance to explore the service at little to no cost before committing to a paid subscription. Unfortunately, in order to retain customers, some subscription providers rely on deceptive marketing, confusing contracts, and restrictions that make it difficult for customers to cancel their subscriptions.

    The Unsubscribe Act would:

    • Require sellers to provide customers with a clear understanding of all the terms of the contract and obtain the customer’s express and informed consent;
    • Require sellers to provide a simple means of canceling the subscription, which the customer can complete in the same way in which the original contract was entered into;
    • Require sellers to provide a clear notice to consumers when their free or reduced-cost trial is complete and before charging for the full-cost subscription;
    • Disallow automatic transfer to a contract beyond the preliminary period; and
    • Require sellers to periodically notify the customer of the terms of the contract and the cancelation mechanism.

    Companion legislation is set to be introduced in the House of Representatives by U.S. Representative Mark Takano (D-Calif.).

    “Too many consumers are lured in by free trials, only to get trapped in confusing billing cycles and cancellation mazes. The Unsubscribe Act is about fairness—it puts the burden back on companies to be honest, clear, and accountable. If a business has to trick people into staying, it does not deserve their money,” said Representative Takano.

    The Schatz-Kennedy legislation is supported by Consumer Action, Truth in Advertising, the National Consumer League (NCL), Public Citizen, and Consumer Federation of America.

    “Reining in subscription traps is a massively popular and nonpartisan issue,” said John Breyault, Vice President of Public Policy, Telecommunications, and Fraud at NCL. “Passing the Unsubscribe Act is critical to protecting consumers from these predatory practices.”

    “Consumers deserve safeguards to prevent them from being trapped into paying for a service they no longer want with no straightforward way to cancel a subscription. With this week’s win by conservative big business interests in the courts against the FTC, Senator Schatz’s Unsubscribe Act is even more critical. We applaud this sensible measure to protect the public and hope it swiftly becomes law,” said Lisa Gilbert, Co-President of Public Citizen.

    The full text of the bill is available here.

    MIL OSI USA News –

  • MIL-OSI USA: The Trump Admin Is Withholding Approx. $20M From WA For The 2025 Wildfire Season. Cantwell: “Why Aren’t We Releasing The Funds?”

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell

    07.10.25

    The Trump Admin Is Withholding Approx. $20M From WA For The 2025 Wildfire Season. Cantwell: “Why Aren’t We Releasing The Funds?”

    During a potentially dire PNW wildfire season, Trump’s Office of Management and Budget claims they are still “evaluating” resources already set aside for the region; Funding being withheld could be spent NOW on firefighting training & equipment, forest management, & landscape restoration

    WASHINGTON, D.C. — Today, U.S. Senator Maria Cantwell (D-WA), senior member of the Senate Committee on Energy and Natural Resources, questioned U.S. Forest Service Chief Tom Schultz about why the Trump Administration is withholding an estimated $20 million from the Washington State Department of Natural Resources (DNR) for the 2025 firefighting season and future fire seasons.  

    President Trump’s Office of Management and Budget (OMB) has not disbursed over $280 million in FY25 State, Private, and Tribal Forestry (SPTF) program funds. This includes grants to states to help train and equip state, local, and volunteer emergency responders and firefighters with the tools and resources they need to put wildfires out safely and quickly. This includes funding for fire academies, personal protection equipment, fire pumps, hoses, nozzles, and other safety gear. Nationally, state, local, and volunteer fire departments respond to roughly 80% of all wildfires each year. Last year DNR, along with local first responders, successfully kept over 93% of fires in Washington state at 10 acres or less.

    Funds from the SPTF can also be used for hazardous fuels work on non-federal land in the wildland urban interface (WUI), to recover land that has been burned, and for forest health management.

    “So where is the resource for the state? I think it’s a budget that’s already been approved. So why aren’t we releasing the funds that go to the community so that they can best prepare for this fire season?” Sen. Cantwell asked during a committee hearing this morning.

    “We are evaluating that right now. We’ve had a lot of feedback from the State Foresters. We’re working with OMB on that question right now, looking at that issue. So, we have not made a determination yet, but that’s something that is being evaluated,” Schultz responded.

    Sen. Cantwell: “So when do you expect that to go out?”

    Schultz: “We expect there probably to be [a] determination in the next several weeks, would be my expectation […] But we don’t– again, we can’t commit that that’s for sure going to go out yet. That’s still under discussion.”

    Sen. Cantwell: “We want to follow the normal process so that the Forest Service is working with others to get the resources into those communities and do the work that they need to do.”

    Last year, DNR received $20,509,589 of SPTF funding and is expecting a similar allocation this year. If FY25 is not apportioned and distributed by the U.S. Forest Service by Sept. 30, DNR may have to reduce Fire Academy Training sessions, which could result in 400 wildland firefighters not receiving training. Also, DNR may not be able to provide financial assistance for hazardous fuels reduction for non-federal lands in the WUI.

    Wildfire risk is above normal for the entire state of Washington, according to the National Interagency Fire Center’s forecast for July through September 2025, with the high risk predicted to persist in Eastern and Central Washington through October.

    The Washington State Department of Natural Resources is currently at Preparedness Level 3 (out of 4 possible levels), with five large wildfires burning in the state. So far this year the department logged 667 wildfires and 16,465 acres burned.

    Video of Sen. Cantwell’s questioning of Schultz is HERE; a transcript is HERE.

    MIL OSI USA News –

  • MIL-OSI: BAY Miner Cloud Mining App Now Live: Earn Cryptocurrency Daily with No Technical Skills Needed

    Source: GlobeNewswire (MIL-OSI)

    Jersey City, NJ, July 10, 2025 (GLOBE NEWSWIRE) — BAY Miner has officially launched its revolutionary cloud mining app, designed for beginners and crypto enthusiasts alike. With this all-in-one platform, users can now earn cryptocurrency passively—without any hardware, setup, or technical knowledge.

    The digital finance world is evolving fast, and BAY Miner is leading the charge by making mining truly accessible. Whether you’re new to crypto or just looking for a smart passive income source, BAY Miner makes cloud mining as simple as opening an app.

    Why BAY Miner Is a Game-Changer in Cloud Mining

    No Expensive Hardware Required

    Traditional mining requires thousands of dollars in mining rigs, setup time, and constant maintenance. BAY Miner eliminates all of that. Just download the app, select a mining plan, and start earning—right from your phone or computer.

    Automated & Optimized for Maximum Profits

    The BAY Miner platform is fully automated. It mines the most profitable cryptocurrencies in real time using advanced algorithms. You don’t have to lift a finger—just watch your balance grow each day.

    Start Earning Crypto Instantly

    You don’t need to deposit upfront to get started. Every new user gets a free sign-up bonus, and you’ll earn more just by logging in daily. That’s passive income with zero risk.

    Top Features That Make BAY Miner Stand Out

    ✅ Clean and User-Friendly Interface

    Say goodbye to complicated dashboards and confusing tools. BAY Miner’s interface is streamlined and intuitive. Anyone—regardless of experience—can use it with ease.

    ✅ Multiple Crypto Payout Options

    You’re in control of your earnings. BAY Miner supports a wide range of cryptocurrencies, including:

    ·Bitcoin (BTC)

    ·Ethereum (ETH)

    ·XRP

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    ·Bitcoin Cash (BCH)

    Choose your preferred coin and get paid on your terms.

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    BAY Miner is committed to sustainability. All mining operations run on renewable energy, making it an environmentally friendly alternative in the crypto space. Earn profits without compromising the planet.

    ✅ Rock-Solid Security & Transparency

    Security is a priority. The platform uses:

    ·Advanced data encryption

    ·DDoS protection

    ·Multi-layer login security

    ·Real-time mining and earning dashboards

    You can track your mining status, earnings, and withdrawals any time with full transparency.

    ✅ Global Reach with 24/7 Multilingual Support

    BAY Miner operates in over 150 countries, offering full support in multiple languages. Whether you’re in Europe, Asia, Africa, or the Americas—help is always available.

    How to Get Started in 3 Simple Steps

    1. Register in Seconds

    Visit https://www.bayminer.com and create your account using just your email. Instantly receive a $15 bonus to begin mining for free. Plus, get $0.60 every day just for logging in—no deposit required.

    2. Choose a Mining Plan That Works for You

    Browse through multiple mining contracts priced in USD. The app handles all crypto conversions in real-time, so you don’t need to worry about exchange rates. Whether you want quick returns or long-term income, there’s a plan for you.

    3. Watch Your Crypto Grow

    Once your plan is active, mining starts automatically. Your daily earnings are added to your wallet every 24 hours. When your balance reaches $100, withdraw or reinvest it—it’s that simple.

    Who Should Use BAY Miner?

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    Start Earning Crypto Today with BAY Miner

    BAY Miner isn’t just another mining platform—it’s a revolution in cloud-based cryptocurrency income. Join thousands of users worldwide who are already earning daily without the hassle of hardware or technical setups.

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

    App Download: https://www.bayminer.com/xml/index.html#/app

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    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks. There is a possibility of financial loss. You are advised to perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

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    The MIL Network –

  • MIL-OSI: Targa Resources Corp. Announces Quarterly Common Dividend and Timing of Second Quarter 2025 Earnings Webcast

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, July 10, 2025 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that its board of directors has declared a quarterly cash dividend of $1.00 per common share, or $4.00 per common share on an annualized basis, for the second quarter of 2025. This cash dividend will be paid August 15, 2025 on all outstanding common shares to holders of record as of the close of business on July 31, 2025.

    The Company will report its second quarter 2025 financial results before the market opens for trading on Thursday, August 7, 2025, and will host a live webcast at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss its 2025 second quarter financial results.

    Event Information
    Event: Targa Resources Corp. Second Quarter 2025 Earnings Webcast and Presentation
    Date: Thursday, August 7, 2025
    Time: 11:00 a.m. Eastern Time
    Webcast: https://www.targaresources.com/investors/events or directly at https://edge.media-server.com/mmc/p/vkst8uaw

    Replay Information 
    A webcast replay will be available at the link above approximately two hours after the conclusion of the event. A quarterly earnings supplement presentation and updated investor presentation will also be available at https://www.targaresources.com/investors/events.

    About Targa Resources Corp.

    Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent infrastructure companies in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic infrastructure assets and its operations are critical to the efficient, safe and reliable delivery of energy across the United States and increasingly to the world. The Company’s assets connect natural gas and NGLs to domestic and international markets with growing demand for cleaner fuels and feedstocks. The Company is primarily engaged in the business of: gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling NGLs and NGL products, including services to LPG exporters; and gathering, storing, terminaling, and purchasing and selling crude oil.

    Targa is a FORTUNE 500 company and is included in the S&P 500.

    For more information, please visit the Company’s website at www.targaresources.com.

    Forward-Looking Statements

    Certain statements in this release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future, are forward-looking statements, including statements regarding our projected financial performance, capital spending and payment of future dividends. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties, factors and risks, many of which are outside the Company’s control, which could cause results to differ materially from those expected by management of the Company. Such risks and uncertainties include, but are not limited to, actions taken by other countries with significant hydrocarbon production, weather, political, economic and market conditions, including a decline in the price and market demand for natural gas, natural gas liquids and crude oil, the timing and success of our completion of capital projects and business development efforts, the expected growth of volumes on our systems, the impact of significant public health crises, commodity price volatility due to ongoing or new global conflicts, the impact of disruptions in the bank and capital markets, including those resulting from lack of access to liquidity for banking and financial services firms, changes in laws and regulations, particularly with regard to taxes, tariffs and international trade, and other uncertainties. These and other applicable uncertainties, factors and risks are described more fully in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, and any subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Company does not undertake an obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

    Targa Investor Relations
    InvestorRelations@targaresources.com
    (713) 584-1133

    The MIL Network –

  • MIL-OSI New Zealand: Security – Banking Ombudsman Scheme welcomes establishment of the New Zealand Anti-Scam Alliance

    Source: Banking Ombudsman Scheme

    The Banking Ombudsman Scheme welcomes the announcement of the New Zealand Anti-Scam Alliance, recognising it as a significant and timely step toward a more coordinated and proactive response to scams in Aotearoa.
    “We have been calling for stronger, sector-wide action to prevent scams for some time,” says Nicola Sladden, Banking Ombudsman. “The establishment of the Anti-Scam Alliance reflects growing recognition of the need for collaboration, and we’re pleased to support its work.”
    In addition, the Scheme welcomes an upcoming expansion of its jurisdiction to include complaints about receiving banks-those whose accounts are used to receive stolen funds. This change enables a more complete assessment of scam-related complaints and supports accountability across the banking system.
    “Preventing scams requires a united approach across industry, government, and consumer groups,” says Sladden. “We remain committed to supporting the Alliance and continuing our work to protect New Zealanders from financial harm.”

    MIL OSI New Zealand News –

  • MIL-OSI: Lightchain AI Enters Bonus Round, Reallocates Team Tokens to Fuel Ecosystem Growth

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, July 10, 2025 (GLOBE NEWSWIRE) — Lightchain AI, a performance-focused Layer 1 blockchain built for AI-native applications, today announced a strategic move in its tokenomics as it enters the Bonus Round of its presale campaign. Following the successful completion of all 15 presale stages and the raise of over $21 million, Lightchain AI has officially reallocated its original 5% team token allocation entirely toward ecosystem development initiatives.

    The Bonus Round offers LCAI tokens at a fixed price of $0.007, representing the final opportunity for early participants to acquire tokens before the project moves toward public exchange listings and mainnet deployment. This stage coincides with the rollout of staking mechanisms and continued onboarding of developers through Lightchain’s grant program.

    “Our decision to redirect the entire 5% team allocation into builder and ecosystem funds reflects our commitment to long-term sustainability, community ownership, and rapid developer growth,” said a spokesperson for Lightchain AI Labs. “We believe in rewarding those who contribute to the success of the network from day one.”

    Lightchain AI is engineered to power scalable AI workloads through its AI-native virtual machine, Proof-of-Intelligence architecture, and a sharding framework designed for adaptive performance. The network supports decentralized consensus, smart contract optimization, and staking rewards designed to encourage validator participation and long-term alignment.

    In addition to the tokenomics update, Lightchain AI has activated validator simulation environments and staking dashboards. Validators can now lock tokens and begin participating in early reward simulations, building the foundation for a secure, decentralized infrastructure ahead of mainnet.

    The project’s $150,000 Developer Grant Program also remains active, supporting the creation of decentralized applications, tools, and integrations. The initiative has already attracted independent builders and early Web3 contributors from global communities.

    Lightchain AI’s strategic moves have helped position it as a rising contender in the Layer 1 blockchain space, drawing attention across trading forums, investor dashboards, and development channels. With community-led governance and transparent GitHub repositories, the project continues to emphasize decentralization and inclusivity.

    The Bonus Round remains open for a limited time, with fixed pricing and no vesting for participants.

    For more information, visit:
    lightchain.ai
    Whitepaper
    Twitter/X
    Telegram

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a9e5db9a-6ed2-4be0-8314-4ef2dad755e1

    The MIL Network –

  • MIL-OSI Submissions: Crypto – Bitcoin hits all-time high as political will and institutional action accelerate – deVere Group

    Source: deVere Group

    July 10 2025 – Bitcoin surged above $112,000 this week for the first time, driven by mounting political momentum, regulatory repositioning, and strategic allocations from both corporations and sovereign entities, says deVere Group, one of the world’s largest independent financial advisory and asset management organizations.

    “The shift is clear and aggressive,” said Nigel Green, CEO of deVere Group. “Bitcoin is being pulled into the core of national economic thinking in the US – the world’s largest economy – and also corporate treasury policy, and institutional portfolios. This isn’t hype. This is capital following political will.”

    The Trump administration is sending unmistakable signals. Senior Treasury officials have confirmed internal reviews are underway on the potential inclusion of Bitcoin in US reserve strategy.

    Also committees continue to receive Bitcoin contributions, discussions between policymakers and digital asset custodians are ongoing, and new legislation supporting digital asset classification, custody, and tax treatment is gaining bipartisan support on Capitol Hill.

    “When a sitting administration is weighing Bitcoin as part of sovereign reserves, that reshapes the global risk framework,” said Nigel. “It doesn’t just legitimize Bitcoin, it forces others—institutions and governments alike—to act.”

    Elon Musk’s newly formed America Party has pushed Bitcoin further into the national conversation.

    In his Independence Day speech, Musk positioned Bitcoin as the foundation of economic resilience.

    This has reignited interest across retail platforms and triggered increased flows from politically aligned investor groups.

    “Musk is giving Bitcoin further ideological weight and policy relevance,” says the deVere CEO.

    “That moves markets. His reach is unmatched, and he’s aligning it with a monetary vision that resonates with a generation raised on decentralized tech.”

    At the regulatory level, the SEC has softened its stance. Several enforcement actions have been withdrawn, and spot Bitcoin ETFs are moving through review with renewed agency engagement. Regulators are now focused on operational safeguards and disclosure standards. “The era of blanket resistance appears to be over,” notes Nigel Green.

    “Regulatory friction held back institutional involvement for years. Now that it’s easing, we’re seeing fresh inflows from asset managers who were waiting for exactly this moment.”

    Corporates are moving aggressively. MicroStrategy added $2 billion in Bitcoin in June, pushing its total above 300,000 BTC. Seventeen publicly listed companies disclosed Bitcoin holdings in recent filings, with more deploying capital through custodial structures and ETFs. Firms are integrating it into liquidity and risk frameworks.

    “Boards are acting to preserve value through a cycle of rising debt and monetary uncertainty,” explains Nigel Green. “Bitcoin gives them optionality, mobility, and a non-correlated reserve that holds its form under stress.”

    Sovereign institutions are advancing too. Pakistan has begun holding state-mined Bitcoin through its central bank.

    The Czech National Bank is reviewing Bitcoin for potential inclusion in foreign reserves.

    Sovereign wealth funds across Southeast Asia and Latin America are now engaged in operational discussions with digital custodians. While not all activity is being publicized, it is being closely tracked by global capital.

    “These are central banks, state treasuries, and sovereign wealth funds treating Bitcoin as a strategic asset. They’re not chasing headlines. They’re preparing for what comes next.”

    Market data supports the shift. More than $340 million in short liquidations were triggered around the $112,000 breakout, according to data. Spot ETF inflows remain steady. Institutional buyers are dominating recent volume, with fewer retail-driven spikes and more structured accumulation.

     “Governments and political figures are reshaping the environment Bitcoin operates in, and institutions—including corporate treasuries—are responding with deliberate allocation,” concludes Nigel Green.

     “The new all-time highs are being powered by political and regulatory will that are unlocking new channels for capital, and by the growing acceptance that Bitcoin now plays a strategic role in global finance.”

    deVere Group is one of the world’s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.  It has a network of offices around the world, more than 80,000 clients, and $14bn under advisement.

    MIL OSI – Submitted News –

  • MIL-OSI: DRML Miner Unveils Crypto Mining Plan for 2025, Promises Fast ROI for Passive Income Seekers

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 10, 2025 (GLOBE NEWSWIRE) —

    As global interest in passive cryptocurrency income continues to rise, investors are asking a familiar question: Which cloud mining is legal? To this end, DRML Miner, a trusted industry pioneer, has announced the launch of its new 2025 cloud mining plan, designed to provide faster returns, greater transparency, and long-term security for cryptocurrency enthusiasts of all levels. DRML Miner has been one of the longest-running cloud mining platforms since its inception in 2018, currently serving more than 7 million users worldwide. With a proven track record for more than a decade, the company is known for stability, honest payments, and convenient mining options that require no hardware, no technical setup, and zero maintenance.

    A new era of profitable and reliable cloud mining

    The new 2025 plan includes an enhanced ROI structure, real-time performance tracking, and a daily profit guarantee, allowing users to start earning crypto from day one. We offer plans for a variety of budgets and timeframes, making them ideal for first-time miners and long-term investors.

    A DRML Miner spokesperson said: “Our 2025 packages are the most efficient packages we have ever launched. Whether you are mining Bitcoin, Litecoin, Ethereum or other popular cryptocurrencies, they are designed to minimize risk and maximize passive income.”

    Key features of the 2025 program include:

    Fast ROI options for short-term and long-term contracts

    Transparent revenue dashboard with real-time tracking

    Instant activation with daily payment schedule

    Competitive pricing with no hidden fees

    Why Millions Trust DRML Miner

    Cloud mining has seen both innovation and scams in recent years, and many investors have struggled to find platforms that are both legitimate and rewarding. DRML Miner features fully audited mining operations, data centers powered by renewable energy, and verified control of user funds.

    The DRML Miner platform is praised for:

    Its proven payment record

    User-first security protocols

    Strong customer support and educational tools

    Flexible, transparent, scalable contracts

    How to get started:

    New users can sign up in minutes with just an email address. Once signed up, they can choose a plan, top up, and start mining right away — no need to manage mining hardware or go through complicated crypto wallet setups.

    Sign up at www.drmlminers.com. New users get a $10 signup bonus.

    Choose a 2025 plan that fits your budget and goals

    Start earning daily passive income automatically

    Withdraw or reinvest your crypto at any time

    Afterthoughts

    For investors asking, “Which cloud mining is legal?”, DRML Miner continues to provide a clear answer – real mining, real rewards, and real security in a time when trust is more important than ever.

    To learn more or start mining today, visit www.drmlminers.com and explore the 2025 crypto mining plan.

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

    Attachment

    The MIL Network –

  • MIL-OSI: DRML Miner Unveils Crypto Mining Plan for 2025, Promises Fast ROI for Passive Income Seekers

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 10, 2025 (GLOBE NEWSWIRE) —

    As global interest in passive cryptocurrency income continues to rise, investors are asking a familiar question: Which cloud mining is legal? To this end, DRML Miner, a trusted industry pioneer, has announced the launch of its new 2025 cloud mining plan, designed to provide faster returns, greater transparency, and long-term security for cryptocurrency enthusiasts of all levels. DRML Miner has been one of the longest-running cloud mining platforms since its inception in 2018, currently serving more than 7 million users worldwide. With a proven track record for more than a decade, the company is known for stability, honest payments, and convenient mining options that require no hardware, no technical setup, and zero maintenance.

    A new era of profitable and reliable cloud mining

    The new 2025 plan includes an enhanced ROI structure, real-time performance tracking, and a daily profit guarantee, allowing users to start earning crypto from day one. We offer plans for a variety of budgets and timeframes, making them ideal for first-time miners and long-term investors.

    A DRML Miner spokesperson said: “Our 2025 packages are the most efficient packages we have ever launched. Whether you are mining Bitcoin, Litecoin, Ethereum or other popular cryptocurrencies, they are designed to minimize risk and maximize passive income.”

    Key features of the 2025 program include:

    Fast ROI options for short-term and long-term contracts

    Transparent revenue dashboard with real-time tracking

    Instant activation with daily payment schedule

    Competitive pricing with no hidden fees

    Why Millions Trust DRML Miner

    Cloud mining has seen both innovation and scams in recent years, and many investors have struggled to find platforms that are both legitimate and rewarding. DRML Miner features fully audited mining operations, data centers powered by renewable energy, and verified control of user funds.

    The DRML Miner platform is praised for:

    Its proven payment record

    User-first security protocols

    Strong customer support and educational tools

    Flexible, transparent, scalable contracts

    How to get started:

    New users can sign up in minutes with just an email address. Once signed up, they can choose a plan, top up, and start mining right away — no need to manage mining hardware or go through complicated crypto wallet setups.

    Sign up at www.drmlminers.com. New users get a $10 signup bonus.

    Choose a 2025 plan that fits your budget and goals

    Start earning daily passive income automatically

    Withdraw or reinvest your crypto at any time

    Afterthoughts

    For investors asking, “Which cloud mining is legal?”, DRML Miner continues to provide a clear answer – real mining, real rewards, and real security in a time when trust is more important than ever.

    To learn more or start mining today, visit www.drmlminers.com and explore the 2025 crypto mining plan.

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

    Attachment

    The MIL Network –

  • MIL-OSI Russia: China urges EU to view bilateral trade and economic relations without emotions and prejudices — Ministry of Commerce of the PRC

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 10 (Xinhua) — China on Thursday called on the European Union to view bilateral economic and trade relations without emotion and prejudice, recalling that this year marks the 50th anniversary of the establishment of diplomatic ties between China and the EU and will see important high-level exchanges.

    Commenting on recent statements by European Commission President Ursula von der Leyen, Chinese Ministry of Commerce spokesperson He Yongqian said at a regular briefing for journalists that China hopes the European side will step up communication, openness, action and consultation, rather than resort to blaming, protectionism, worrying and labeling.

    The official representative drew attention to the fact that the EU leader’s statements do not reflect the objective state of the current Chinese-European trade and economic relations and the progress achieved as a result of dialogue between the relevant departments of the parties.

    On market access, He Yongqian pointed out that China has been steadily expanding high-level opening-up, completely lifting restrictions on foreign investment in the manufacturing sector and actively increasing imports from Europe through platforms such as the China International Import Expo.

    The European Union, on the contrary, has in recent years resorted to protectionism under the pretext of fair trade, abused trade protection instruments and exploited loopholes in international trade rules to create unilateral instruments that are contrary to the fundamental principles of the World Trade Organization (WTO) and the spirit of free trade, the official representative stated.

    According to He Yongqian, the EU often initiates investigations against Chinese enterprises over subsidies and other issues, which leads to continuous regression of market opening and deterioration of the business environment.

    On the topic of subsidies, the official representative pointed to the EU’s double standards, noting that the largest source of subsidies has traditionally been the EU itself. Its subsidies, which are provided to the aviation, agricultural and other sectors, have been recognized as violations by the WTO.

    According to incomplete statistics, the EU plans to provide various subsidies totaling more than 1.44 trillion euros from 2021 to 2030, with EU member states offering additional subsidies worth hundreds of billions of euros, He Yongqian noted.

    Speaking about public procurement, she noted that in reality there are many hidden barriers in the European public procurement market and it is not at all as fair and open as the European side claims, while the EU has measures in place that stimulate the purchase of European goods.

    The European side is using international procurement instruments to take measures to restrict the participation of Chinese companies and products in public procurement of medical equipment, He Yongqian noted, adding that it was against this backdrop that China had to take mirror measures to protect the legitimate interests of its enterprises.

    Touching on the topic of export controls, the official representative stressed that China’s measures are cautious and proportionate, covering far fewer items than the EU’s export control list. He Yongqian recalled that China has created a special “green corridor” for accelerated review and approval for European enterprises, while the EU’s export controls in the high-tech sector are characterized by lengthy approvals and cumbersome procedures.

    Speaking about so-called excess capacity, the spokeswoman said excess capacity should not be measured solely by production or export volume. She said China’s new energy sector is actually facing a shortage of capacity in the global and long-term.

    As He Yongqian noted, the problem is not China’s “overcapacity” but rather the EU’s excessive anxiety caused by chronic underinvestment in R&D and the declining competitiveness of European industry.

    The official added that China hopes to work with the EU to expand mutual market access, strengthen dialogue on government procurement and export controls, deepen cooperation in supply chains, and advance WTO reform to bring more stability, certainty and positive energy to the construction of an open global economy. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: “10 plus 3” countries should continue the process of regional integration – Chinese Foreign Minister

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    KUALA LUMPUR, July 10 (Xinhua) — The more complex the international situation becomes, the more urgent it is for the Association of Southeast Asian Nations (ASEAN), China, Japan and the Republic of Korea (ROK) (the “10 plus 3” format) to remove obstacles and continue to advance the process of regional integration, Chinese Foreign Minister Wang Yi said in Kuala Lumpur on Thursday.

    Wang Yi, who is also a member of the Politburo of the CPC Central Committee, made the statement during a meeting of foreign ministers in the “10 plus 3” format.

    The Chinese diplomat noted that since the establishment of the “10 plus 3” cooperation mechanism, its participating countries have consistently strengthened their crisis response capacity, advanced the process of economic integration, and jointly created new impetus for development.

    Focusing on development and promoting cooperation is the trend and leitmotif of current East Asian cooperation, Wang Yi emphasized, noting that at the same time, countries are facing challenges such as attacks by unilateralism and protectionism and abuse of customs duties by some major powers.

    The Chinese Foreign Minister pointed to the need to continuously increase the momentum of cooperation and enhance the sustainability of development, putting forward four proposals for cooperation in the next stage.

    First, build an integrated East Asia. We must firmly oppose the “building of walls and barriers.” China is willing to work with all parties to implement the leaders’ statement and continue to strengthen mutually beneficial cooperation in industrial and supply chains, Wang said.

    Second, build a strong and sustainable East Asia. It is necessary to plan the future direction of regional financial cooperation. China hopes to work with all parties to find ways to update the mechanisms and raise the level of regional cooperation in the field of food security based on the active formation of an emergency rice reserve of the “10 plus 3” countries, the head of the Chinese Foreign Ministry noted.

    Third, build an innovative and dynamic East Asia. We should seize the opportunities created by the new round of scientific and technological and industrial revolutions, and promote transformation and development through innovation, Wang Yi emphasized.

    Fourth, build an East Asia with cultural and humanitarian connectivity. It is important to properly implement the CAMPUS Asia program and promote student exchanges and personnel training in the “10 plus 3” countries, the Chinese diplomat added.

    Wang Yi said that regardless of changes in the external environment, China is willing to use its own stable development to inject new impetus into the overall development of the region, provide new opportunities, and jointly create a brighter future for East Asia.

    ASEAN Foreign Ministers commended China, Japan and ROK for their support for ASEAN’s central role.

    They recalled that the “10 plus 3” mechanism was created in response to the Asian financial crisis, adding that cooperation in this format has been noticeably effective.

    In the context of growing unilateralism, increasing tariff and trade barriers, and worsening geopolitical tensions, cooperation in the “10 plus 3” format is acquiring particular value, the heads of the ASEAN foreign policy agencies emphasized. According to them, this mechanism should continue to play a strategic leading role, promoting inclusive development and sustainable peace in the region. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI USA: ICE San Antonio, federal partner investigation results in the sentencing of an illegal alien from Honduras for his role in an alien smuggling conspiracy

    Source: US Immigration and Customs Enforcement

    SAN ANTONIO – A Honduran national unlawfully residing in the U.S. was sentenced July 9 for his leadership role in a massive alien smuggling conspiracy that spanned three years and involved thousands of aliens from over 11 different countries. The investigation conducted by U.S. Immigration and Customs Enforcement’s Homeland Security Investigations Del Rio, with the assistance of various federal and state law enforcement agencies in South Texas.

    Enil Edil Mejia-Zuniga, also known as Chino, 34, of Olancho, Honduras, was sentenced July 9 by a federal judge to 10 years in prison and three years of supervised release for his role in smuggling thousands of aliens into the United States for financial gain. He was also ordered to pay a $4,500 fine. Mejia-Zuniga pleaded guilty to three counts of bringing an alien to the U.S. for financial gain and aiding and abetting.

    Co-defendants Monica Hernandez-Palma, 33, of Mexico, and Allyson Elsires Alvarez-Zuniga, 26, of Honduras, entered guilty pleas on April 7, and Aug. 21, 2023, respectively, and are awaiting sentencing. Co-defendant Genyi Arguenta-Flores, 32, of Comayagua, Honduras was sentenced to five years in prison on May 12. A final co-defendant is in custody in Mexico pending an extradition request from the U.S.

    “Mejia-Zuniga and his co-conspirators made millions of dollars off the backs of thousands of people whom they smuggled into the U.S,” said Head of the Justice Department’s Criminal Division Matthew R. Galeotti “This case represents the epitome of the ruthless and sophisticated criminal organizations that exploit our borders for personal financial gain. The Criminal Division will not stop investigating these cases until all human smuggling organizations are eradicated and the criminals who operate them are prosecuted.”

    “In an effort to satisfy his greed, Mejia-Zuniga facilitated the illegal movement of thousands of Middle Easterners into the U.S,” said U.S. Attorney Justin R. Simmons for the Western District of Texas. “His actions put our national security at risk. However, thanks to our many federal law enforcement partners, Mejia-Zuniga will no longer be allowed to enrich himself to the detriment of this country.”

    “This sentence sends a clear message to those who exploit our immigration system for personal profit,” said ICE Homeland Security Investigations San Antonio Special Agent in Charge Craig Larrabee. “For more than three years, these individuals operated a transnational smuggling ring driven by greed, moving illegal aliens from 11 countries in blatant disregard of the law. The sentencing in this case is a testament to HSI’s commitment to upholding national security. Human smuggling undermines the security of our borders and disrupts lawful immigration processes. HSI will continue to work tirelessly to protect our national security.”

    “U.S Border Patrol’s Intelligence and Information Task Force played a critical role in supporting Operation Red Tide through extensive research and analysis,” said Chief of USBP Law Enforcement Operations Directorate Scott Good. “Our team’s exploitation of subpoena returns, and identification of key financial patterns helped bring these smugglers to justice. The USBP will continue working with law enforcement agencies at home and abroad to dismantle criminal networks and secure our nation’s borders.”

    According to court documents, from November 2020 through March 2023, the Mejia-Zuniga alien smuggling organization smuggled aliens from Afghanistan, Yemen, Egypt, India, Pakistan, and Colombia, through Eagle Pass, Texas. Aliens primarily contracted with a Pakistani smuggler based in Brazil to be transported to the U.S. In turn, the Brazilian-based smuggler worked with Mejia-Zuniga, who was based in San Antonio, Texas, to facilitate travel of the aliens from South America to the U.S. Mejia-Zuniga directed operations of the ASO and paid drivers, armed “coyotes,” and stash house operators.

    Mejia-Zuniga admitted to smuggling between 2,500 to 3,000 aliens into the U.S in just two years. The organization charged between $6,500 to $12,000 per alien. Mejia-Zuniga admitted that he made $30,000 for every 10 illegal aliens who made it to the Rio Grande River and another $30,000 if those 10 illegal aliens made it to San Antonio.

    One of the smuggled aliens reported paying the organization $20,000 to be brought illegally into the U.S along with his brother. The Mejia-Zuniga ASO directed that alien to a stash house in Monterrey, Mexico, where it housed him with 10 other aliens. The ASO later moved the same alien to a stash house in Piedras Negras, Mexico, with another 20 to 25 aliens. Ultimately, an armed coyote guided the group of aliens across the Rio Grande River. Once across the Rio Grande, the Mejia-Zuniga ASO transported the aliens to a hotel in San Antonio.

    In addition to witness statements, other evidence gathered during the investigation included wire transfers, customer ledgers, foreign identification documents, and photographs of members of the Mejia-Zuniga ASO with firearms.

    HSI Del Rio engaged in an extensive, years-long investigation in Operation Red Tide, which led to the development of this case, with assistance from the U.S. Border Patrol Del Rio Sector, HSI Monterrey, HSI Human Smuggling Unit in Washington, D.C., and U.S. Customs and Border Protection’s National Targeting Center International Interdiction Task Force.

    Trial Attorney Jenna E. Reed of the Criminal Division’s Human Rights and Special Prosecutions Section and Assistant U.S. Attorney Matt Kass for the Western District of Texas are prosecuting the case.

    The investigation and arrests of the defendants in Operation Red Tide were coordinated under Joint Task Force Alpha. JTFA, a partnership with the Department of Homeland Security, has been elevated and expanded by the Attorney General with a mandate to target cartels and other transnational criminal organizations to eliminate human smuggling and trafficking networks operating in Mexico, Guatemala, El Salvador, Honduras, Panama, and Colombia that impact public safety and the security of our borders. JTFA currently comprises detailees from U.S. Attorneys’ Offices along the border. Dedicated support is provided by numerous components of the Justice Department’s Criminal Division, led by HRSP and supported by the Money Laundering and Asset Recovery Section, the Office of Enforcement Operations, and the Office of International Affairs, among others. JTFA also relies on substantial law enforcement investment from DHS, the FBI, the Drug Enforcement Administration, and other partners. To date, JTFA’s work has resulted in more than 390 domestic and international arrests of leaders, organizers, and significant facilitators of alien smuggling; more than 350 U.S. convictions; more than 300 significant jail sentences imposed; and forfeitures of substantial assets.

    Members of the public can report crimes or suspicious activity by calling the ICE Tip Line at 866-DHS-2-ICE (866-347-2423) or by completing the online tip form.

    For more information about HSI San Antonio and its public safety efforts in Central and South Texas, follow HSI San Antonio on X at @HSI_SanAntonio.

    MIL OSI USA News –

  • MIL-OSI USA: Governor Kehoe Signs Bold Tax Cuts and Pro-Business Legislation into Law

    Source: US State of Missouri

    JULY 10, 2025

    Jefferson City — During a bill signing ceremony at the Missouri State Capitol, today Governor Mike Kehoe signed two major pieces of legislation—House Bills (HB) 567 and 594—delivering on his commitment to lower taxes and defend small businesses.

    “Conservative leadership is about keeping more money in the hands of Missouri families, and less in government coffers,” said Governor Kehoe. “Today, we are protecting the people who make Missouri work—families, job creators, and small business owners—by cutting taxes, rolling back overreach, and eliminating costly mandates.”

    HB 567, sponsored by Representative Sherri Gallick and Senator Mike Bernskoetter, modifies provisions relating to employee compensation.

    • Maintains the state’s minimum wage law at $15 per hour, repealing the annual Consumer Price Index adjustment, and extends the wage requirement to public employers as well as private.
    • Repeals onerous paid sick leave mandates on Missouri small businesses, including:
      • Requirements dictating when and how paid leave must be provided.
      • Burdensome record keeping and compliance obligations.

    HB 594, sponsored by Representative Chad Perkins and Senator Curtis Trent, introduces or modifies provisions relating to taxation.

    • Authorizes an income tax deduction for all capital gains reported for federal tax purposes by individuals in tax years beginning on or after Jan. 1, 2025.
      • This tax cut will be extended to corporations once Missouri’s income tax rate falls to 4.5 percent or lower.
    • Makes several modifications to the Senior Citizens Property Tax (PTC) “Circuit Breaker” Program.
      • Increases the PTC for eligible taxpayers from $1,000 to $1,550 for homeowners and from $750 to $1,055 for renters, effective Jan. 1, 2026, with annual CPI adjustments moving forward.
    • Exempts diapers, incontinence products, and feminine hygiene products from state and local sales and use taxes.

    Governor Kehoe also signed six additional pro-growth bills aimed at securing a brighter future for Missouri, including:

    • HB 516, sponsored by Representative Mark Matthiesen and Senator Nick Schroer, modifies criteria of radioactive waste investigations and allows for increased appropriations to the the radioactive waste investigations fund.
    • HB 754, sponsored by Representative Philip Oehlerking and Senator Sandy Crawford, modifies standards for certain financial organizations.
    • SB 2, sponsored by Senator Sandy Crawford and Representative Peggy McGaugh, modifies provisions relating to financial statements of certain local governments.
    • SB 3, sponsored by Senator Sandy Crawford and Representative Dave Hinman, modifies or enacts provisions relating to Department of Revenue fee offices.
    • SB 98, sponsored by Senator Sandy Crawford and Representative Bill Owen, modifies various provisions relating to financial institutions.
    • SB 221, sponsored by Senator Nick Schroer and Representative Ben Keathley, modifies the standard of review for agency interpretation of statutes, rules, regulations, and subregulatory document.

    For more information on the legislation and additional provisions signed into law, visit house.mo.gov and senate.mo.gov. Photos from the bill signing will be uploaded to Governor Kehoe’s Flickr page. Additional bill signings will continue to take place over the next several days. For more information on the bill signings, view Governor Kehoe’s schedule.

    ###

    MIL OSI USA News –

  • MIL-OSI Security: Hamden Man Who Defrauded Pandemic Relief Programs Sentenced to 15 Months in Federal Prison

    Source: United States Department of Justice (National Center for Disaster Fraud)

    David X. Sullivan, United States Attorney for the District of Connecticut, announced that David X. Sullivan, United States Attorney for the District of Connecticut, announced that OMAR RAJEH, 57, of Hamden, was sentenced today by U.S. District Judge Stefan R. Underhill in Bridgeport to 15 months of imprisonment, followed by two years of supervised release, for defrauding COVID-19 pandemic relief programs of more than $750,000.  Judge Underhill also ordered Rajeh to pay a $2,000 fine.

    According to court documents and statements made in court, in March 2020, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act provided emergency financial assistance to Americans suffering the economic effects caused by the COVID-19 pandemic.  One source of relief provided by the CARES Act was the authorization of forgivable loans to small businesses for job retention and certain other expenses through the Paycheck Protection Program (“PPP”).  The PPP was overseen by the U.S. Small Business Administration (“SBA”), and individual PPP loans were issued by private lenders, which received and processed PPP applications and supporting documentation, and then made loans using the lenders’ own funds, which were guaranteed by the SBA.  A second source of relief provided by the CARES Act was the distribution of Economic Injury Disaster Loans (“EIDLs”), through the SBA, which provided working capital to eligible small businesses to meet operating expenses.

    Rajeh maintained an ownership or management interest in a New Haven restaurant, Mediterranea LLC, and a hookah lounge, M. Café Inc.  Rajeh previously operated his restaurant under the name Al Amir LLC, but that entity was dissolved in 2018.  Al Amir LLC was reregistered with the State of Connecticut in July 2020 in order to apply for pandemic loan funding.

    Between June 2020 and May 2021, Al Amir LLC, Mediterranea LLC, and M. Café Inc., sought and received approximately $1,057,244 in PPP and EIDL funding.  Rajeh’s accountant, Yasir Hamed, prepared financial filings for his various entities and was involved in the preparation of fraudulent paperwork to obtain the funding.  The loan applications fraudulently misrepresented that Al Amir LLC was in operation in February 2020; included false employee, monthly payroll, and business revenue information; included copies of false IRS forms; and contained other false information.

    Rajeh used a majority of the funds for personal and family expenses, some of which he sent overseas; to purchase a property in North Haven; and for general business expenses.  He also kicked back approximately 10 percent of the loan funding he received to Hamed. 

    Rajeh has agreed to pay $758,279 in restitution, which reflects the amount he acknowledged knowing was obtained by fraud.  The government has agreed not to pursue the return of $298,965 in PPP funds that Rajeh received for his true restaurant business.

    On December 20, 2023, Rajeh pleaded guilty to one count of wire fraud and one count of engaging in illegal monetary transactions.  He is required to report to prison on October 1.

    On May 9, 2025, Hamed pleaded guilty to related charges.  He awaits sentencing.

    This investigation has been conducted by the Federal Bureau of Investigation and the Internal Revenue Service – Criminal Investigation Division.  The case is being prosecuted by Assistant U.S. Attorney Christopher W. Schmeisser.

    Individuals with information about allegations of fraud involving COVID-19 are encouraged to report it by calling the Department of Justice’s National Center for Disaster Fraud Hotline at 866-720-5721, or via the NCDF Web Complaint Form at: https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    MIL Security OSI –

  • MIL-OSI: FHLBank San Francisco Awards $6.7 Million in Grants to Develop Affordable Housing in Arizona

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, July 10, 2025 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today announced $6.7 million in Affordable Housing Program (AHP) General Fund grants to support the development of affordable housing in Arizona. This year’s awarded grants represent a 118% increase in funding for Arizona over last year, demonstrating the Bank’s commitment to deliver on its mission to address the critical shortage of affordable housing in the state. The 2025 AHP grants are being awarded to four important Arizona developments that will collectively create 204 units of affordable housing in Flagstaff, Pisinemo and Topawa, Prescott, and Tucson.

    “We continue to make meaningful investments to address the affordable housing crisis across Arizona, California, and Nevada,” said Joseph E. Amato, interim president and CEO of FHLBank San Francisco. “This funding, delivered in partnership with our local member financial institutions, supports housing affordability solutions in urban centers, rural areas, and tribal lands. We are helping to expand the supply of housing and for the individuals and families who need it most.”

    According to the National Low Income Housing Coalition, Arizona sits fourth on a national list that determines which states have the most extremely low-income households in the nation, those earning 0% to 30% of area median income, who are severely cost burdened, meaning the household spends more than 50% of its income on housing costs, including utilities.

    AHP grants help finance the development, preservation, or purchase of multifamily and single-family housing for lower-income people in need, including the chronically unhoused, families, seniors, veterans, at-risk youth, people living with disabilities and mental health challenges or overcoming substance abuse. Grants are delivered through FHLBank San Francisco member institutions partnering with nonprofits and affordable housing developers to submit applications for grants for specific projects in an annual funding competition. AHP-funded projects represent a wide range of strategies and solutions, from historic preservation and adaptive reuse to new construction and rehabilitation.

    The 2025 AHP Arizona-based General Fund grants will support the following projects:

    1. Flagstaff: Foundation for Senior Living’s Aspen Loft Apartments was awarded a $2 million grant, in partnership with FHLBank San Francisco member Raza Development Fund, Inc., to create a 65-unit, energy efficient workforce housing development
    2. Topawa and Pisinemo: the Tohono O’odham Ki:Ki Association’s TOKA Homes VI project was awarded a $1.5 million grant, in partnership with member Western Alliance Bank, to create 30 single-family homes across two sites on the Tohono O’odham Nation Reservation serving formerly unhoused people and families earning at or below 60% of the area median income.  
    3. Tucson: Compass Affordable Housing, Inc.’s Drexel Commons was awarded a $2 million grant, in partnership with member Raza Development Fund, Inc., to create a 67-unit affordable rental community serving low-income families, with 10 units reserved for households with tenant-based rental assistance.
    4. Prescott: USA Housing, Inc.’s Bradshaw III Senior Community was awarded a $1.26 million grant, in partnership with member Raza Development Fund, Inc., to create 42 units of fully-accessible affordable housing for seniors to age in place.

    In 2025, FHLBank San Francisco awarded nearly $50 million in AHP grants, including funding from its 2025 AHP General Fund for projects in California and Arizona, and from its 2025 Nevada Targeted Fund for projects in Nevada. Since 1990, FHLBank San Francisco has awarded over $1.4 billion in grants for the construction, preservation, or purchase of nearly 155,000 affordable housing units. Collectively, the FHLBanks are one of the largest sources of private sector grants for affordable housing in the country, providing approximately $8.3 billion in grant funding to help more than one million households have an affordable place to call home since 1990. Providing resources for affordable housing is central to FHLBank San Francisco’s mission, with at least 10% of the Bank’s net income from the prior year committed to fund affordable housing and related community investment programs.   

    Where AHP projects are developed, local economies also get a boost, as these projects create jobs, increase construction and consumer spending, and generate new tax revenues. Learn more about the communities, families, and individuals that have benefited from access to AHP-funded housing on the Bank’s website.

    About the Federal Home Loan Bank of San Francisco
    The Federal Home Loan Bank of San Francisco is a member-driven cooperative helping local lenders in Arizona, California, and Nevada build strong communities, create opportunity, and change lives for the better. The tools and resources we provide to our member financial institutions — commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions —propel homeownership, finance quality affordable housing, drive economic vitality, and revitalize whole neighborhoods. Together with our members and other partners, we are making the communities we serve more vibrant and resilient.

    Contact:
    Tom Flannigan
    Tom.Flannigan@fhlbsf.com
    415.616.2695

    The MIL Network –

  • MIL-OSI: As Bitcoin surged to an all-time high above $113,000, PaladinMining cloud mining demand hit an all-time high.

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin is breaking all barriers and soaring at an unprecedented rate. It even broke the previous record of $109,300 and hit a new all-time high of $113,000. This incredible surge has skyrocketed the demand for PaladinMining, making it an indispensable tool for both new and experienced traders.

    Bitcoin Set a New Milestone
    Bitcoin hit a staggering record of $113,000 Thursday afternoon, smashing its previous high of $113,000. This surge has exhibited significant momentum in the digital currency market. The spike comes after weeks of uncertainty driven by trade-related speculations and financial concerns.
    However, those fears have faded away and traders are now returning confidently toward digital assets as a result of growing excitement regarding pro-crypto laws being passed in the United States. According to PaladinMining Chairman and CEO, John Alexander, “the revival marks a historic moment for the blockchain ecosystem as a whole, not just for Bitcoin.”

    An Easy and Highly-profitable Platform: PaladinMining
    Established back in 2016 and officially registered in the United Kingdom, PaladinMining Cloud Mining Provider has grown into a well-known brand in the cryptocurrency cloud mining sector. With over 1.68 million subscribers and an active community in over 190 countries, the network allows everyone to mine digital currencies without the need for any costly, complex hardware setups.

    Exceptionally Secure Cloud-Based Mining
    In PaladinMining, safety and reliability are the highest priority. This platform ensures that the assets of every user are well-protected at every stage by integrating the system with industry-leading encryption technologies, such as SSL and AIG Insurance. It also has strong risk management systems to tackle every issue efficiently. Through PaladinMining, users can start mining Bitcoin, Bitcoin Cash, Litecoin, or Dogecoin quickly from any device, whether they use a smartphone or a laptop.

    Why more people choose PaladinMining:
    User-friendly cloud mining: Anyone can start mining anytime with just a few clicks.
    No technical system required: Even a beginner can easily mine
    No initial investment needed: No upfront fees or any hidden charges
    Well-defined Interface: An easy-to-manage dashboard, no prior knowledge is required
    Whether you are relaxing on holidays or busy while traveling, you can start and manage without any hurdles. Keep mining – Keep growing.

    Simple Contracts, Real Profits

    This doesn’t end here, PaladinMining has a variety of contracts to suit the needs of every individual having different financial levels. The contracts are mentioned below:

    Classic Contracts

    Contract Name Duration Price Profit Total Return
    Free Experience Contract 1 day $15 free bonus $0.6 $15.6
    Sleipnir Mining Machine M50 2 days $100 $7 $107
    Bitcoin Miner S21 Pro 7 days $600 $48.3 $648.3
    Bitcoin Miner S21 XP Imm 15 days $1500 $292.5 $1792.5
    Avalon Air Box – 40 feet 30 days $4300 $1677 $5977

    Bonus:

    Sign up today and get a $15 credit right away, allowing users to initiate the mining process without spending even a single penny.

    Settle More Than Just Bitcoin

    While Bitcoin is the king of Cryptocurrency, PaladinMining offers settlement for a variety of digital currencies. Supported coins Include:

    · Bitcoin (BTC)

    · Bitcoin Cash (BCH)

    · Litecoin (LTC)

    · Dogecoin (DOGE)

    · Ethereum (ETH)

    · Tether (USDT-TRC20 & ERC20)

    · USD Coin (USDC)

    · Solana (SOL)

    · Ripple (XRP)

    With such great options, everyone has a choice to select the best crypto coin as per their preference or market trends and start generating coins with a simple-to-access platform.

    Grow Your Network – Gain More Income

    PaladinMining also offers every individual a chance to earn through high-rewarding affiliate marketing programs. So, start multiplying your income by helping others to join.

    Affiliate options Include:

    · $100,000+ incentive pool access

    · Upto 5% commission on every referral

    · Highly reliable tools to support and enhance your affiliate business

    Its affiliate program is a win-win for everyone, not only does a user get rewards but it also allows others to be financially free.

    A Gateway to Financial Freedom

    In a time when trust is rare and traders are looking for sophisticated ways to grow their income, PaladinMining provides a well-managed, scalable, and reliable solution. With returns ranging from $100 to $1 million daily, individuals can begin their financial journey without any entry barriers of conventional mining or high investments.

    How to begin:

    Visit: www.paladinmining.com

    Just create an account with a few simple clicks

    Choose a contract

    Start earning—no hardware, no stress

    Any questions?

    Reach us at info@paladinmining.com and our support team will assist you promptly.

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

    The MIL Network –

  • MIL-OSI: As Bitcoin surged to an all-time high above $113,000, PaladinMining cloud mining demand hit an all-time high.

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin is breaking all barriers and soaring at an unprecedented rate. It even broke the previous record of $109,300 and hit a new all-time high of $113,000. This incredible surge has skyrocketed the demand for PaladinMining, making it an indispensable tool for both new and experienced traders.

    Bitcoin Set a New Milestone
    Bitcoin hit a staggering record of $113,000 Thursday afternoon, smashing its previous high of $113,000. This surge has exhibited significant momentum in the digital currency market. The spike comes after weeks of uncertainty driven by trade-related speculations and financial concerns.
    However, those fears have faded away and traders are now returning confidently toward digital assets as a result of growing excitement regarding pro-crypto laws being passed in the United States. According to PaladinMining Chairman and CEO, John Alexander, “the revival marks a historic moment for the blockchain ecosystem as a whole, not just for Bitcoin.”

    An Easy and Highly-profitable Platform: PaladinMining
    Established back in 2016 and officially registered in the United Kingdom, PaladinMining Cloud Mining Provider has grown into a well-known brand in the cryptocurrency cloud mining sector. With over 1.68 million subscribers and an active community in over 190 countries, the network allows everyone to mine digital currencies without the need for any costly, complex hardware setups.

    Exceptionally Secure Cloud-Based Mining
    In PaladinMining, safety and reliability are the highest priority. This platform ensures that the assets of every user are well-protected at every stage by integrating the system with industry-leading encryption technologies, such as SSL and AIG Insurance. It also has strong risk management systems to tackle every issue efficiently. Through PaladinMining, users can start mining Bitcoin, Bitcoin Cash, Litecoin, or Dogecoin quickly from any device, whether they use a smartphone or a laptop.

    Why more people choose PaladinMining:
    User-friendly cloud mining: Anyone can start mining anytime with just a few clicks.
    No technical system required: Even a beginner can easily mine
    No initial investment needed: No upfront fees or any hidden charges
    Well-defined Interface: An easy-to-manage dashboard, no prior knowledge is required
    Whether you are relaxing on holidays or busy while traveling, you can start and manage without any hurdles. Keep mining – Keep growing.

    Simple Contracts, Real Profits

    This doesn’t end here, PaladinMining has a variety of contracts to suit the needs of every individual having different financial levels. The contracts are mentioned below:

    Classic Contracts

    Contract Name Duration Price Profit Total Return
    Free Experience Contract 1 day $15 free bonus $0.6 $15.6
    Sleipnir Mining Machine M50 2 days $100 $7 $107
    Bitcoin Miner S21 Pro 7 days $600 $48.3 $648.3
    Bitcoin Miner S21 XP Imm 15 days $1500 $292.5 $1792.5
    Avalon Air Box – 40 feet 30 days $4300 $1677 $5977

    Bonus:

    Sign up today and get a $15 credit right away, allowing users to initiate the mining process without spending even a single penny.

    Settle More Than Just Bitcoin

    While Bitcoin is the king of Cryptocurrency, PaladinMining offers settlement for a variety of digital currencies. Supported coins Include:

    · Bitcoin (BTC)

    · Bitcoin Cash (BCH)

    · Litecoin (LTC)

    · Dogecoin (DOGE)

    · Ethereum (ETH)

    · Tether (USDT-TRC20 & ERC20)

    · USD Coin (USDC)

    · Solana (SOL)

    · Ripple (XRP)

    With such great options, everyone has a choice to select the best crypto coin as per their preference or market trends and start generating coins with a simple-to-access platform.

    Grow Your Network – Gain More Income

    PaladinMining also offers every individual a chance to earn through high-rewarding affiliate marketing programs. So, start multiplying your income by helping others to join.

    Affiliate options Include:

    · $100,000+ incentive pool access

    · Upto 5% commission on every referral

    · Highly reliable tools to support and enhance your affiliate business

    Its affiliate program is a win-win for everyone, not only does a user get rewards but it also allows others to be financially free.

    A Gateway to Financial Freedom

    In a time when trust is rare and traders are looking for sophisticated ways to grow their income, PaladinMining provides a well-managed, scalable, and reliable solution. With returns ranging from $100 to $1 million daily, individuals can begin their financial journey without any entry barriers of conventional mining or high investments.

    How to begin:

    Visit: www.paladinmining.com

    Just create an account with a few simple clicks

    Choose a contract

    Start earning—no hardware, no stress

    Any questions?

    Reach us at info@paladinmining.com and our support team will assist you promptly.

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

    The MIL Network –

  • MIL-OSI: Alpine Banks of Colorado announces dividend on common stock

    Source: GlobeNewswire (MIL-OSI)

    GLENWOOD SPRINGS, Colo., July 10, 2025 (GLOBE NEWSWIRE) — Alpine Banks of Colorado (OTCQX: ALPIB), parent company of Alpine Bank, declared a cash dividend of $0.21 per share on its Class A common stock and Class B common stock, payable July 28, 2025, to shareholders of record as of June 21, 2025.

    About Alpine Banks of Colorado
    Alpine Banks of Colorado, through its wholly owned subsidiary Alpine Bank, is a $6.7 billion, independent, employee-owned organization founded in 1973 with headquarters in Glenwood Springs, Colorado. Alpine Bank employs 890 people and serves 170,000 customers with personal, business, wealth management*, mortgage, and electronic banking services across Colorado’s Western Slope, mountains, and Front Range. Alpine Bank has a five-star rating – meaning it has earned a superior performance classification – from BauerFinancial, an independent organization that analyzes and rates the performance of financial institutions in the United States. Shares of the Class B common stock of Alpine Banks of Colorado trade under the symbol “ALPIB” on the OTCQX® Best Market. Learn more at www.alpinebank.com.

    *Alpine Bank Wealth Management services are not FDIC insured, may lose value and are not guaranteed by the bank.

    The MIL Network –

  • MIL-OSI: TC Energy to issue second quarter 2025 results on July 31

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, July 10, 2025 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Thursday, July 31, 2025, to discuss its second quarter financial results.

    François Poirier, TC Energy President and Chief Executive Officer, Sean O’Donnell, Executive Vice-President and Chief Financial Officer and other members of the executive leadership team will discuss the financial results and Company developments at 6:30 a.m. MT / 8:30 a.m. ET.

    Members of the investment community and other interested parties are invited to participate by calling 1-833-752-3826 (Canada/U.S. toll free) or 1-647-846-8864 (International toll). No passcode is required. Please dial in 15 minutes prior to the start of the call. Alternatively, participants may pre-register for the call here. Upon registering, you will receive a calendar booking by email with dial in details and a unique PIN. This process will bypass the operator and avoid the queue. Registration will remain open until the end of the conference call.

    A live webcast of the teleconference will be available on TC Energy’s website at TC Energy — Events and presentations or via the following URL: https://www.gowebcasting.com/13943. The webcast will be available for replay following the meeting.

    A replay of the teleconference will be available two hours after the conclusion of the call until midnight ET on Thursday, Aug. 7, 2025. Please call 1-855-669-9658 (Canada/U.S. toll free) or 1-412-317-0088 (International toll) and enter passcode 6101975.

    About TC Energy
    We’re a team of 6,500+ energy problem solvers connecting the world to the energy it needs. Our extensive network of natural gas infrastructure assets is one-of-a-kind. We seamlessly move, generate and store energy and deliver it to where it is needed most, to homes and businesses in North America and across the globe through LNG exports. Our natural gas assets are complemented by our strategic ownership and low-risk investments in power generation.

    TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

    FORWARD-LOOKING INFORMATION
    This release contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as “anticipate”, “expect”, “believe”, “may”, “will”, “should”, “estimate”, “intend” or other similar words). Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management’s assessment of TC Energy’s and its subsidiaries’ future plans and financial outlook. All forward-looking statements reflect TC Energy’s beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. As actual results could vary significantly from the forward-looking information, you should not put undue reliance on forward-looking information and should not use future-oriented information or financial outlooks for anything other than their intended purpose. We do not update our forward-looking information due to new information or future events, unless we are required to by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the most recent Quarterly Report to Shareholders and Annual Report filed under TC Energy’s profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov.

    -30-

    Media Inquiries:
    Media Relations
    media@tcenergy.com
    403-920-7859 or 800-608-7859

    Investor & Analyst Inquiries:
    Gavin Wylie / Hunter Mau
    investor_relations@tcenergy.com
    403-920-7911 or 800-361-6522

    PDF available: http://ml.globenewswire.com/Resource/Download/9883a09a-817e-428f-898f-974a220e2e55 

    The MIL Network –

  • MIL-OSI: TC Energy to issue second quarter 2025 results on July 31

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, July 10, 2025 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Thursday, July 31, 2025, to discuss its second quarter financial results.

    François Poirier, TC Energy President and Chief Executive Officer, Sean O’Donnell, Executive Vice-President and Chief Financial Officer and other members of the executive leadership team will discuss the financial results and Company developments at 6:30 a.m. MT / 8:30 a.m. ET.

    Members of the investment community and other interested parties are invited to participate by calling 1-833-752-3826 (Canada/U.S. toll free) or 1-647-846-8864 (International toll). No passcode is required. Please dial in 15 minutes prior to the start of the call. Alternatively, participants may pre-register for the call here. Upon registering, you will receive a calendar booking by email with dial in details and a unique PIN. This process will bypass the operator and avoid the queue. Registration will remain open until the end of the conference call.

    A live webcast of the teleconference will be available on TC Energy’s website at TC Energy — Events and presentations or via the following URL: https://www.gowebcasting.com/13943. The webcast will be available for replay following the meeting.

    A replay of the teleconference will be available two hours after the conclusion of the call until midnight ET on Thursday, Aug. 7, 2025. Please call 1-855-669-9658 (Canada/U.S. toll free) or 1-412-317-0088 (International toll) and enter passcode 6101975.

    About TC Energy
    We’re a team of 6,500+ energy problem solvers connecting the world to the energy it needs. Our extensive network of natural gas infrastructure assets is one-of-a-kind. We seamlessly move, generate and store energy and deliver it to where it is needed most, to homes and businesses in North America and across the globe through LNG exports. Our natural gas assets are complemented by our strategic ownership and low-risk investments in power generation.

    TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

    FORWARD-LOOKING INFORMATION
    This release contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as “anticipate”, “expect”, “believe”, “may”, “will”, “should”, “estimate”, “intend” or other similar words). Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management’s assessment of TC Energy’s and its subsidiaries’ future plans and financial outlook. All forward-looking statements reflect TC Energy’s beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. As actual results could vary significantly from the forward-looking information, you should not put undue reliance on forward-looking information and should not use future-oriented information or financial outlooks for anything other than their intended purpose. We do not update our forward-looking information due to new information or future events, unless we are required to by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the most recent Quarterly Report to Shareholders and Annual Report filed under TC Energy’s profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov.

    -30-

    Media Inquiries:
    Media Relations
    media@tcenergy.com
    403-920-7859 or 800-608-7859

    Investor & Analyst Inquiries:
    Gavin Wylie / Hunter Mau
    investor_relations@tcenergy.com
    403-920-7911 or 800-361-6522

    PDF available: http://ml.globenewswire.com/Resource/Download/9883a09a-817e-428f-898f-974a220e2e55 

    The MIL Network –

  • MIL-OSI: AI Mining Meets Ripple’s XRP: PFMCrypto Unveils AI-Driven XRP Cloud Mining with Zero Hardware and Daily Payouts

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 10, 2025 (GLOBE NEWSWIRE) — As Ripple’s XRP ecosystem gains global momentum, PFMCrypto is proud to introduce a major leap in accessible crypto mining: the launch of XRP-focused cloud mining contracts. Now available on both web and mobile platforms, these flexible short-term contracts allow users to mine XRP remotely and receive daily XRP rewards—no mining hardware, no complex setup, and no prior experience required. For the first time, retail participants can engage with the XRP economy through a streamlined, fully integrated platform.
    Explore the PFMCrypto website or download the app today.

    XRP Cloud Mining Is Here—Simple, Smart, and Rewarding
    Traditionally known for its role in cross-border payments and institutional finance, XRP now enters a new chapter with PFMCrypto’s latest innovation: easy-to-use cloud mining. Users can mine XRP directly or leverage PFMCrypto’s intelligent AI engine to automatically switch between the most profitable assets—including BTC, ETH, DOGE, USDC, and more—for optimized returns. All earnings are paid out daily in your chosen cryptocurrency, providing reliable income regardless of market fluctuations.
    Designed for both everyday users and professional investors, this platform empowers users to generate consistent crypto earnings from anywhere, at any time.

    Key Features of PFMCrypto’s XRP Cloud Mining Contracts
    –  Full XRP Integration: Deposit, purchase, mine, and withdraw XRP directly within the platform.
    –  Multi-Coin Mining Support: Mine and receive earnings in BTC, ETH, DOGE, USDC, USDT, SOL, LTC, and BCH.
    –  AI Revenue Optimization: Proprietary algorithms automatically allocate mining power to the top-performing assets to maximize returns.
    –  100% Remote Access: No mining equipment needed—fully accessible via the PFMCrypto mobile app or browser.
    –  Capital Protection: All contracts include full principal return upon maturity, reducing risk while growing crypto assets.

    Mining Contracts for Every Budget and Strategy:
    PFMCrypto offers a broad range of mining contracts that support XRP-based deposits and withdrawals. Each contract is crafted for flexibility, predictable income, and effective risk management:
    $10 Contract – 1 Day – Earn $0.66 (Free with signup bonus)
    $100 Contract – 2 Days – Earn $3.00 daily + $2 reward
    $500 Contract – 5 Days – Earn $6.15 daily
    $5,000 Contract – 30 Days – Earn $78.50 daily
    $20,000 Contract – 45 Days – Earn $380.00 daily
    Whether you’re testing the waters or building a long-term portfolio, PFMCrypto provides low-risk, high-transparency contracts that deliver stable daily income in XRP.
    Click here to explore more XRP cloud contracts.

    Why PFMCrypto’s XRP Mining Stands Out?
    –  Accessible to Everyone: No mining rigs, no setup, no complexity—just tap and earn.
    –  XRP-Native Integration: Deposit, mine, and withdraw XRP in one seamless ecosystem.
    –  Stable Returns, Smart Allocation: An AI-powered engine dynamically adjusts mining strategies to maximize rewards and ensure daily income across all supported coins.
    –  Multi-Asset Flexibility: Mine XRP directly or diversify earnings into other top digital assets—all with one contract.
    –  Instant Setup, Global Access: Mine from anywhere using your phone or browser—securely and remotely.

    Get Started Today in 3 Easy Steps:
    1.  Sign Up – Create your account and receive a $10 welcome bonus
    2.  Choose a Plan – Select a short- or long-term contract (1–60 days available)
    3.  Start Earning – Track daily profits and withdraw in the token of your choice

    Start mining XRP now at: https://pfmcrypto.net 
    Or download the PFMCrypto mobile app (available for iOS & Android).

    XRP Mining for a Digital Future
    Since 2018, PFMCrypto has helped millions of users around the world generate passive crypto income through secure, smart, cloud-based mining. With the introduction of XRP mining, the platform offers the ideal combination of institutional-grade infrastructure and retail accessibility. Now, users can choose to earn directly in XRP or diversify into major digital assets—all within a secure, fully remote environment.

    “XRP has always been fast, efficient, and scalable,” said a PFMCrypto spokesperson. “Now, it’s also mineable—securely, remotely, and profitably. We’ve eliminated the barriers so anyone can participate in XRP’s future growth.”
    Markets may shift—but daily mining income can remain steady.

    Join the XRP mining revolution today at: https://pfmcrypto.net 

    The MIL Network –

  • MIL-OSI: AI Mining Meets Ripple’s XRP: PFMCrypto Unveils AI-Driven XRP Cloud Mining with Zero Hardware and Daily Payouts

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 10, 2025 (GLOBE NEWSWIRE) — As Ripple’s XRP ecosystem gains global momentum, PFMCrypto is proud to introduce a major leap in accessible crypto mining: the launch of XRP-focused cloud mining contracts. Now available on both web and mobile platforms, these flexible short-term contracts allow users to mine XRP remotely and receive daily XRP rewards—no mining hardware, no complex setup, and no prior experience required. For the first time, retail participants can engage with the XRP economy through a streamlined, fully integrated platform.
    Explore the PFMCrypto website or download the app today.

    XRP Cloud Mining Is Here—Simple, Smart, and Rewarding
    Traditionally known for its role in cross-border payments and institutional finance, XRP now enters a new chapter with PFMCrypto’s latest innovation: easy-to-use cloud mining. Users can mine XRP directly or leverage PFMCrypto’s intelligent AI engine to automatically switch between the most profitable assets—including BTC, ETH, DOGE, USDC, and more—for optimized returns. All earnings are paid out daily in your chosen cryptocurrency, providing reliable income regardless of market fluctuations.
    Designed for both everyday users and professional investors, this platform empowers users to generate consistent crypto earnings from anywhere, at any time.

    Key Features of PFMCrypto’s XRP Cloud Mining Contracts
    –  Full XRP Integration: Deposit, purchase, mine, and withdraw XRP directly within the platform.
    –  Multi-Coin Mining Support: Mine and receive earnings in BTC, ETH, DOGE, USDC, USDT, SOL, LTC, and BCH.
    –  AI Revenue Optimization: Proprietary algorithms automatically allocate mining power to the top-performing assets to maximize returns.
    –  100% Remote Access: No mining equipment needed—fully accessible via the PFMCrypto mobile app or browser.
    –  Capital Protection: All contracts include full principal return upon maturity, reducing risk while growing crypto assets.

    Mining Contracts for Every Budget and Strategy:
    PFMCrypto offers a broad range of mining contracts that support XRP-based deposits and withdrawals. Each contract is crafted for flexibility, predictable income, and effective risk management:
    $10 Contract – 1 Day – Earn $0.66 (Free with signup bonus)
    $100 Contract – 2 Days – Earn $3.00 daily + $2 reward
    $500 Contract – 5 Days – Earn $6.15 daily
    $5,000 Contract – 30 Days – Earn $78.50 daily
    $20,000 Contract – 45 Days – Earn $380.00 daily
    Whether you’re testing the waters or building a long-term portfolio, PFMCrypto provides low-risk, high-transparency contracts that deliver stable daily income in XRP.
    Click here to explore more XRP cloud contracts.

    Why PFMCrypto’s XRP Mining Stands Out?
    –  Accessible to Everyone: No mining rigs, no setup, no complexity—just tap and earn.
    –  XRP-Native Integration: Deposit, mine, and withdraw XRP in one seamless ecosystem.
    –  Stable Returns, Smart Allocation: An AI-powered engine dynamically adjusts mining strategies to maximize rewards and ensure daily income across all supported coins.
    –  Multi-Asset Flexibility: Mine XRP directly or diversify earnings into other top digital assets—all with one contract.
    –  Instant Setup, Global Access: Mine from anywhere using your phone or browser—securely and remotely.

    Get Started Today in 3 Easy Steps:
    1.  Sign Up – Create your account and receive a $10 welcome bonus
    2.  Choose a Plan – Select a short- or long-term contract (1–60 days available)
    3.  Start Earning – Track daily profits and withdraw in the token of your choice

    Start mining XRP now at: https://pfmcrypto.net 
    Or download the PFMCrypto mobile app (available for iOS & Android).

    XRP Mining for a Digital Future
    Since 2018, PFMCrypto has helped millions of users around the world generate passive crypto income through secure, smart, cloud-based mining. With the introduction of XRP mining, the platform offers the ideal combination of institutional-grade infrastructure and retail accessibility. Now, users can choose to earn directly in XRP or diversify into major digital assets—all within a secure, fully remote environment.

    “XRP has always been fast, efficient, and scalable,” said a PFMCrypto spokesperson. “Now, it’s also mineable—securely, remotely, and profitably. We’ve eliminated the barriers so anyone can participate in XRP’s future growth.”
    Markets may shift—but daily mining income can remain steady.

    Join the XRP mining revolution today at: https://pfmcrypto.net 

    The MIL Network –

  • MIL-Evening Report: Trump has flagged 200% tariffs on Australian pharmaceuticals. What do we produce here, and what’s at risk?

    Source: The Conversation (Au and NZ) – By Joe Carrello, Research Fellow, The University of Melbourne

    Tanya Dol/Shutterstock

    US President Donald Trump’s proposed tariffs on Australia’s pharmaceutical exports to the United States has raised alarm among industry and government leaders.

    There are fears that, if implemented, the tariffs could cost the Australian economy up to A$2.8 billion. That’s both in direct exports and as inputs to third countries that produce drugs also hit by tariffs.

    The proposed tariffs come amid growing pressure from pharmaceutical lobby groups in the US for Trump to use trade negotiations as a tool to make changes to the Pharmaceutical Benefits Scheme (PBS) and raise Australian drug prices.

    In response, Treasurer Jim Chalmers stated the government would not compromise the integrity of the PBS to do a deal with the Trump administration. Nationals Senator Bridget McKenzie also confirmed bipartisan support for the PBS.

    Our largest export market for pharmaceuticals

    The US is Australia’s biggest pharmaceutical export market, accounting for 38% of total Australian pharmaceutical exports and valued at $2.2 billion last year.

    About 87% of exports to the US consist of blood plasma products, mainly from manufacturing giant CSL. These are used for transfusions in a range of medical and surgical situations.

    In a submission to the US Commerce Department, which is reviewing the sector, CSL called for tariffs to be phased in over five years, and for an exemption for certain biotech equipment.

    Trump floated proposed tariffs potentially as high as 200%. But he also said these would not be imposed for “about a year, a year and a half” to allow negotiations to take place.

    If tariffs are eventually implemented, there are fears domestic manufacturing may suffer, with negative flow-on effects for Australian research and innovation in the sector.

    How does the PBS work?

    The PBS is an Australian government program aimed at providing affordable prescription medicines to Australians.

    It helps reduce the cost of essential medications, ensuring access to treatments for a wide range of medical conditions. Medicines included on the PBS are subsidised by the government, with the patient making a capped co-payment. More than 900 medicines were listed on the scheme in 2023–24, costing the government $17.7 billion.

    Decisions to list medications on the PBS are made by the health minister based on recommendations from the Pharmaceutical Benefits Advisory Committee. The committee evaluates the clinical effectiveness, safety, cost-effectiveness (“value for money”) and estimated financial impact of new medications.

    If approved, the PBS uses this information to negotiate directly with pharmaceutical companies, helping to keep prices affordable.

    How does the US system compare?

    This contrasts with the US system, which operates more under free-market principles. In the US, pharmaceuticals are subsidised through private health insurance or government programs such as Medicaid. Neither directly negotiates with pharmaceutical companies.

    The fragmented nature of the US system enables pharmaceutical companies to maintain higher prices, as there is no central authority to enforce cost controls. Studies have shown that prices for pharmaceuticals in the US are, on average, 2.78 times those in 33 other countries.

    In addition, in the US pharmaceutical companies are granted extensive patent protections. These provide exclusive rights to sell their drugs for a certain period.

    This exclusivity often leads to monopolistic pricing practices, as generic competitors are barred from entering the market until the patent expires.

    In Australia, patents also exist. But the PBS mitigates their impact by negotiating prices and promoting the use of cost-effective alternatives, such as generics, once they become available.

    Industry lobbying

    US pharmaceutical industry bodies have long criticised the PBS. They claim the scheme “undervalues new innovative medicines by setting prices based on older inferior medicines and generics, and through use of low and outdated monetary thresholds per year of life gained from clinically proven treatments”.

    The slow process to list drugs on the PBS has also attracted criticism. The advisory committee meets only three times a year, with resources currently being stretched beyond capacity.

    In response to these criticisms, the Australian government commissioned a review, which was completed in 2024. It provided 50 recommendations to ensure Australians can continue to access effective, safe and affordable medicines in an equitable and timely way.

    The government has established an advisory group to work on implementing these recommendations. However, it is unclear whether proposed changes will appease the powerful US pharmaceutical industry.

    I am responsible for evaluating new health technologies for consideration of government subsidy through the Pharmaceutical Benefits Scheme (PBS) and Medicare Benefits Schedule (MBS)

    – ref. Trump has flagged 200% tariffs on Australian pharmaceuticals. What do we produce here, and what’s at risk? – https://theconversation.com/trump-has-flagged-200-tariffs-on-australian-pharmaceuticals-what-do-we-produce-here-and-whats-at-risk-260909

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Trump has flagged 200% tariffs on Australian pharmaceuticals. What do we produce here, and what’s at risk?

    Source: The Conversation (Au and NZ) – By Joe Carrello, Research Fellow, The University of Melbourne

    Tanya Dol/Shutterstock

    US President Donald Trump’s proposed tariffs on Australia’s pharmaceutical exports to the United States has raised alarm among industry and government leaders.

    There are fears that, if implemented, the tariffs could cost the Australian economy up to A$2.8 billion. That’s both in direct exports and as inputs to third countries that produce drugs also hit by tariffs.

    The proposed tariffs come amid growing pressure from pharmaceutical lobby groups in the US for Trump to use trade negotiations as a tool to make changes to the Pharmaceutical Benefits Scheme (PBS) and raise Australian drug prices.

    In response, Treasurer Jim Chalmers stated the government would not compromise the integrity of the PBS to do a deal with the Trump administration. Nationals Senator Bridget McKenzie also confirmed bipartisan support for the PBS.

    Our largest export market for pharmaceuticals

    The US is Australia’s biggest pharmaceutical export market, accounting for 38% of total Australian pharmaceutical exports and valued at $2.2 billion last year.

    About 87% of exports to the US consist of blood plasma products, mainly from manufacturing giant CSL. These are used for transfusions in a range of medical and surgical situations.

    In a submission to the US Commerce Department, which is reviewing the sector, CSL called for tariffs to be phased in over five years, and for an exemption for certain biotech equipment.

    Trump floated proposed tariffs potentially as high as 200%. But he also said these would not be imposed for “about a year, a year and a half” to allow negotiations to take place.

    If tariffs are eventually implemented, there are fears domestic manufacturing may suffer, with negative flow-on effects for Australian research and innovation in the sector.

    How does the PBS work?

    The PBS is an Australian government program aimed at providing affordable prescription medicines to Australians.

    It helps reduce the cost of essential medications, ensuring access to treatments for a wide range of medical conditions. Medicines included on the PBS are subsidised by the government, with the patient making a capped co-payment. More than 900 medicines were listed on the scheme in 2023–24, costing the government $17.7 billion.

    Decisions to list medications on the PBS are made by the health minister based on recommendations from the Pharmaceutical Benefits Advisory Committee. The committee evaluates the clinical effectiveness, safety, cost-effectiveness (“value for money”) and estimated financial impact of new medications.

    If approved, the PBS uses this information to negotiate directly with pharmaceutical companies, helping to keep prices affordable.

    How does the US system compare?

    This contrasts with the US system, which operates more under free-market principles. In the US, pharmaceuticals are subsidised through private health insurance or government programs such as Medicaid. Neither directly negotiates with pharmaceutical companies.

    The fragmented nature of the US system enables pharmaceutical companies to maintain higher prices, as there is no central authority to enforce cost controls. Studies have shown that prices for pharmaceuticals in the US are, on average, 2.78 times those in 33 other countries.

    In addition, in the US pharmaceutical companies are granted extensive patent protections. These provide exclusive rights to sell their drugs for a certain period.

    This exclusivity often leads to monopolistic pricing practices, as generic competitors are barred from entering the market until the patent expires.

    In Australia, patents also exist. But the PBS mitigates their impact by negotiating prices and promoting the use of cost-effective alternatives, such as generics, once they become available.

    Industry lobbying

    US pharmaceutical industry bodies have long criticised the PBS. They claim the scheme “undervalues new innovative medicines by setting prices based on older inferior medicines and generics, and through use of low and outdated monetary thresholds per year of life gained from clinically proven treatments”.

    The slow process to list drugs on the PBS has also attracted criticism. The advisory committee meets only three times a year, with resources currently being stretched beyond capacity.

    In response to these criticisms, the Australian government commissioned a review, which was completed in 2024. It provided 50 recommendations to ensure Australians can continue to access effective, safe and affordable medicines in an equitable and timely way.

    The government has established an advisory group to work on implementing these recommendations. However, it is unclear whether proposed changes will appease the powerful US pharmaceutical industry.

    I am responsible for evaluating new health technologies for consideration of government subsidy through the Pharmaceutical Benefits Scheme (PBS) and Medicare Benefits Schedule (MBS)

    – ref. Trump has flagged 200% tariffs on Australian pharmaceuticals. What do we produce here, and what’s at risk? – https://theconversation.com/trump-has-flagged-200-tariffs-on-australian-pharmaceuticals-what-do-we-produce-here-and-whats-at-risk-260909

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Albanese’s China mission – managing a complex relationship in a world of shifting alliances

    Source: The Conversation (Au and NZ) – By James Laurenceson, Director and Professor, Australia-China Relations Institute (UTS:ACRI), University of Technology Sydney

    Prime Minister Anthony Albanese leaves for China on Saturday, confident most Australians back the government’s handling of relations with our most important economic partner and the leading strategic power in Asia.

    Albanese’s domestic critics have lambasted him for meeting Chinese leader Xi Jinping before United States President Donald Trump. They are also aggrieved at his refusal to label China a security threat.

    But neither criticism really stacks up.

    An Albanese-Trump meeting would have happened last month on the sidelines of a G7 gathering in Canada. It was Trump who left early, standing up more leaders than just Albanese.

    Nor is Albanese the first Australian prime minister to meet a Chinese president before an American one. His predecessor Tony Abbott caught up with Xi a few weeks after coming to office in 2013, before he had a chance to meet President Barack Obama.

    ‘Friends, not foes’

    Meanwhile, polling indicates just one in five Australians see the relationship with China first and foremost as “a threat to be confronted”. Rather, a clear two-thirds majority see it as “a complex relationship to be managed”.

    Albanese is also regarded as more competent than his opposition counterpart in handling Australia’s foreign policy generally – and better at managing the China relationship specifically.

    The prime minister’s Chinese hosts also have an incentive to ensure his visit is a successful one.

    In the past fortnight, China’s ambassador in Canberra, Xiao Qian, has penned opinion pieces in two of Australia’s biggest media outlets, insisting Australia and China are “friends, not foes” and touting the “comprehensive turnaround” in bilateral ties since Labor won government in May 2022.

    Beijing and Washington view each other as their geopolitical priority. Beijing can make it harder for Washington to enlist security allies such as Canberra in this rivalry by maintaining its own strong and constructive bilateral ties with Australia.

    And quite apart from the competition with the US, China relied on Australia last year as its fifth largest import source.

    Plenty of complaints

    None of this is to say Albanese’s visit will be easy, because Australia-China relations are rarely smooth.

    Canberra continues to have many complaints about China’s international behaviour.

    For example, Foreign Minister Penny Wong recently signed a joint statement with her counterparts in Washington, Tokyo and New Delhi expressing “serious concerns regarding dangerous and provocative actions” by China in the East and South China Seas, and the “abrupt constriction […] of key supply chains”.

    Wong has also said the government remains “appalled” by the treatment of Australians imprisoned in China, including Dr Yang Jun, who is facing espionage charges he strongly denies.

    Defence Minister Richard Marles has voiced Canberra’s alarm at Beijing’s “no limits agreement” with Moscow, and claimed China has

    engaged in the biggest conventional military build-up since the end of the second world war.

    However, this assessment is contested by independent Australian analysts.

    Beijing also has plenty of complaints. They include Canberra’s ongoing pursuit of closer military cooperation with the US and UK through the AUKUS pact.

    There is also the commitment to forcing the sale of the lease to operate the Port of Darwin that is currently held by a Chinese company.

    Reliable trading partner

    Albanese has already made clear his visit to China will have a strong economic focus.

    While grappling with security challenges, any Australian government, Labor or Coalition, must face the reality that last year, local companies sold more to China – worth A$196 billion – than our next four largest markets combined.

    China is also, by far, Australia’s biggest supplier, putting downward pressure on the cost of living.

    Research produced by Curtin University, commissioned by the Australia-China Business Council, finds trade with China increases disposable income of the average Australian household by $2,600, or 4.6% per person.

    In an ideal world, Australia would have a more diversified trading mix.

    But again, any Australian government or business must grapple with the reality that obvious major alternative markets, like the US, are not only less interested in local goods and services, but are walking away from their past trade commitments.

    Under the Australia-US Free Trade Agreement signed two decades ago, Australian exporters selling to the US faced an average tariff of just 0.1%. But nowadays Washington applies a baseline tariff of 10% on most Australian imports.

    Meanwhile, owing to the China-Australia Free Trade Agreement struck in 2015, Beijing applies an average tariff of just 1.1%.

    No wonder more Australians now say China is a more reliable trading partner than the US.

    This also explains Alabese’s response when he was asked in April if he would support Trump’s trade war against China:

    It would be extraordinary if the Australian response was “thank you” and we will help to further hurt our economy

    Likewise, Trade Minister Don Farrell is adamant Australia’s interests will determine the Albanese government’s choices, not “what the Americans may or may not want”.

    We don’t want to do less business with China, we want to do more business with China.

    Deeper trade ties with Asia, including China, are not just about making a buck. Wong has stressed the national security implications of a strong economic relationship:

    [It is] an investment in our security. Stability and prosperity are mutually reinforcing.

    All of this means Albanese’s six-day visit to China is shaping up to be time well spent.

    James Laurenceson 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. Albanese’s China mission – managing a complex relationship in a world of shifting alliances – https://theconversation.com/albaneses-china-mission-managing-a-complex-relationship-in-a-world-of-shifting-alliances-260404

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Cortez Masto Blasts Republicans for Refusing to Fix the Provision in Their Tax Bill that Limits the Wagering Loss Deduction

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    FTP for TV stations of her remarks is available here.

    Washington, D.C. – Today, U.S. Senator Cortez Masto (D-Nev.) called out Senate Republicans for refusing to pass her bipartisan fix to the provision in the Republican budget bill that limits the wagering loss deduction. Cortez Masto took to the Senate floor to ask unanimous consent to pass her Facilitating Useful Loss Limitations to Help Our Unique Service Economy (FULL HOUSE) Act, but a Republican senator objected because he was unable to attach his own unrelated amendment.

    “It is a shame that we cannot pass this commonsense S.2230 [FULL HOUSE Act] because Republicans want to weigh it down with unrelated measures that they voted to support,” said Senator Cortez Masto. “This is a Republican piece of legislation that is actually causing people to pay taxes on money they lost. It makes no sense. And that’s all this is, is to try to fix it…So I’m disappointed, but I am not done.”

    The 2017 Tax Cuts and Jobs Act reformed the way wagering losses are taxed, but allowed taxpayers to deduct 100% of gambling losses from their annual taxes. Republicans’ billionaire giveaway bill that they passed last week changed the tax code to only allow a 90% deduction on gambling losses. As a result, people could be forced to pay taxes on money they don’t have, causing irreparable harm to Nevada’s gaming industry, tourism industry, and overall economy. Cortez Masto’s bill would restore the 100% tax deduction on gambling losses.

    Read the full bill here.

    Senator Cortez Masto is a champion of Nevada’s tourism and gaming economy. In the American Rescue Plan, Senator Cortez Masto secured $3 billion in funding to assist states with their economic recovery and their vital tourism industries, including Nevada. She also delivered resources to the state’s businesses and secured flexibility for the gaming industry. She has been a Senate leader in passing the seven-year reauthorization of ‘Brand USA’, which is a public-private partnership that enhances tourism and job creation across the country.

    MIL OSI USA News –