NewzIntel.com

Category: Economy

  • MIL-OSI New Zealand: Government AI Strategy to boost productivity

    Source: New Zealand Government

    Science, Innovation and Technology Minister Dr Shane Reti has launched New Zealand’s first AI Strategy to boost productivity and grow a competitive economy.
    “AI could add $76 billion to our GDP by 2038, but we’re falling behind other small, advanced economies on AI-readiness and many businesses are still not planning for the technology,” says Dr Reti.
    “We must develop stronger Kiwi AI capabilities to drive economic growth, and this Strategy sends a strong signal that New Zealand supports the uptake of AI.
    “The Government’s role in AI is to reduce barriers to adoption, provide clear regulatory guidance, and promote responsible AI adoption.
    “We’re taking a light-touch approach, and the Strategy sets out a commitment to create an enabling regulatory environment that gives businesses confidence to invest in the technology.
    “Private sector AI adoption and innovation will boost productivity by unlocking new products and services, increasing efficiency, and supporting better decision-making.
    “New Zealand’s strength lies in being smart adopters. From AI-powered precision farming techniques to diagnostic technology in healthcare, Kiwi businesses can tailor AI to solve our unique challenges and deliver world-leading solutions.”
    The Strategy aligns with OECD AI Principles and the Government will continue to work with international partners on global rules to support the responsible use and development of AI.
    “New Zealanders will need to develop trust and give social licence to AI use, so the Government has also released Responsible AI Guidance to help businesses safely use, develop and innovate with the technology,” says Dr Reti.
    The Government will use existing legislation and regulations such as privacy, consumer protection and human rights, to manage risk and privacy concerns.
    New Zealand’s Strategy for Artificial Intelligence and the Responsible AI Guidance for Businesses can be found on the MBIE website.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Local Water Done Well delivers first water services entity

    Source: New Zealand Government

    Selwyn District is the first council in the country to launch its new water services entity, Selwyn Water, meaning safe, reliable, and affordable drinking water and wastewater for ratepayers, Local Government Minister Simon Watts says.

    “The launch of Selwyn District’s water service entity today marks a significant milestone of water reform, and I look forward to seeing similar Local Water Done Well plans progress in the coming months,” Mr Watts says.

    “Selwyn District Council is also the first council to have a Water Services Delivery Plan accepted and approved by the Secretary for Local Government, Paul James and the first to establish a water services council-controlled organisation (CCO) under the Coalition Government’s Local Water Done Well policy.

    “Selwyn District has demonstrated it has a financially sustainable plan for the delivery of water services that meet health, quality, and environmental standards, along with community expectations.

    “I will be watching with interest how Selwyn Water manages the projected price increases for consumers during the initial years of their plan. I expect the Commerce Commission, as the economic regulator, will closely monitor to ensure the delivery of forecast levels of capital investment, justify the price.

    “It is also my expectation that Selwyn Water will keep a close eye on its charges for new infrastructure to ensure that growth pays for growth.

    “I am encouraged by advice from officials that future partnership opportunities with neighbouring councils are a core consideration in Selwyn District Council’s Plan.

    “These future partnership opportunities have significant potential to deliver greater efficiencies, standardisation, knowledge sharing, and ultimately, lower costs for consumers.

    “Selwyn Water’s constitution provides flexibility if other councils and communities seek the benefits of a regional water services CCO. This option bodes well for the future of water services in the wider region.

    “The Department of Internal Affairs will continue to encourage councils to progress discussions with neighbours regarding future consolidation of water services for the benefit of consumers.”

    Mr Watts says Selwyn’s progress demonstrates the effectiveness of local leadership when backed by sound, practical Government policy and legislation, including Local Water Done Well.

    “Selwyn Mayor Sam Broughton, his councillors and staff have the Government’s congratulations for their vision and hard work in making such swift progress.”

    MIL OSI New Zealand News –

  • MIL-OSI USA: Cassidy Announces $1.1 Million for Opelousas Airport Safety Improvements from His Infrastructure Law

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy

    WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) announced the Federal Aviation Administration (FAA) is awarding $1,125,000.00 to St. Landry Parish for safety improvements at the St. Landry Parish Airport (OPL) in Opelousas. The funding comes through Cassidy’s Infrastructure Investment and Jobs Act (IIJA).
    “Investing in airport safety protects families and strengthens the local economy,” said Dr. Cassidy. “This funding will ensure St. Landry Parish Airport is safer and better equipped to serve Opelousas and the surrounding communities for years to come.”
    This grant will provide federal funding to support the St. Landry Parish Airport Safety Improvement Program.

    MIL OSI USA News –

  • MIL-OSI USA: Senator Marshall: When You Cut Taxes, The Economy Grows

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall

    Senator Marshall Joins Fox Business to Discuss the Yale Budget Lab and the Reconciliation Bill.
    Washington – On Monday, U.S. Senator Roger Marshall, M.D. (R-Kansas), joined Jason Chaffetz on Fox Business’ The Evening Edit to discuss the Yale Budget Lab and their incorrect read on the impact the reconciliation bill will have on hard-working American families and the American economy.

    Click HERE or on the image above to watch Senator Marshall’s full remarks.
    On the Yale Budget Lab being a partisan, left-wing think tank:
    “This Yale lab is actually another Democrat think tank … they’re the type of economists that got it wrong under John F. Kennedy’s tax cuts and President Reagan’s tax cuts, and Trump 45 tax cuts as well. They don’t realize that when you cut taxes, the economy grows. And that’s where the biggest difference is when you listen to their opinion versus our opinion, versus this White House’s opinion – that we read these tax cuts as giving tax breaks for small businesses and for manufacturing, that’s going to help the economy grow, especially as well. You know, I think about being able to write off new manufacturing equipment, being able to write off accelerated depreciation, those types of things.”
    On how the Reconciliation Bill will help save Medicaid:
    “I want to emphasize that on our Medicaid plan, we actually increase the spending. We increase the spending faster than the rate of inflation – $200 billion a year more. That we’re trying to strengthen Medicaid and save it for those who really need it the most. So, we’re going to make sure that seniors in nursing homes, people with disabilities, pregnant women, and children that they have Medicaid.
    “The only ones that are going to lose Medicaid going forward are people that were on that are fraudulently on it, or people that are unwilling to work, even just 20 hours a week. Or they can go to school, or they can volunteer. You know, I’ve said this before, but we have folks back home harvesting wheat that are working 20 hours a day. So that’s not too much to ask of people. And by the way, I think helping people get a job is a good thing.”

    MIL OSI USA News –

  • MIL-OSI USA: Senator Marshall: When You Cut Taxes, The Economy Grows

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall

    Senator Marshall Joins Fox Business to Discuss the Yale Budget Lab and the Reconciliation Bill.
    Washington – On Monday, U.S. Senator Roger Marshall, M.D. (R-Kansas), joined Jason Chaffetz on Fox Business’ The Evening Edit to discuss the Yale Budget Lab and their incorrect read on the impact the reconciliation bill will have on hard-working American families and the American economy.

    Click HERE or on the image above to watch Senator Marshall’s full remarks.
    On the Yale Budget Lab being a partisan, left-wing think tank:
    “This Yale lab is actually another Democrat think tank … they’re the type of economists that got it wrong under John F. Kennedy’s tax cuts and President Reagan’s tax cuts, and Trump 45 tax cuts as well. They don’t realize that when you cut taxes, the economy grows. And that’s where the biggest difference is when you listen to their opinion versus our opinion, versus this White House’s opinion – that we read these tax cuts as giving tax breaks for small businesses and for manufacturing, that’s going to help the economy grow, especially as well. You know, I think about being able to write off new manufacturing equipment, being able to write off accelerated depreciation, those types of things.”
    On how the Reconciliation Bill will help save Medicaid:
    “I want to emphasize that on our Medicaid plan, we actually increase the spending. We increase the spending faster than the rate of inflation – $200 billion a year more. That we’re trying to strengthen Medicaid and save it for those who really need it the most. So, we’re going to make sure that seniors in nursing homes, people with disabilities, pregnant women, and children that they have Medicaid.
    “The only ones that are going to lose Medicaid going forward are people that were on that are fraudulently on it, or people that are unwilling to work, even just 20 hours a week. Or they can go to school, or they can volunteer. You know, I’ve said this before, but we have folks back home harvesting wheat that are working 20 hours a day. So that’s not too much to ask of people. And by the way, I think helping people get a job is a good thing.”

    MIL OSI USA News –

  • MIL-OSI China: Chinese premier calls for commitment to building open world economy

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

    RIO DE JANEIRO, July 7 — Chinese Premier Li Qiang on Monday called for commitment to building an open world economy, and urged the importance of opposing unilateralism and protectionism.

    In his remarks addressing the plenary sessions of the 17th BRICS Summit, Li also stressed the need to maintain the stability and smoothness of industrial and supply chains.

    MIL OSI China News –

  • MIL-OSI China: Man United delay Rashford, Antony, Garnacho training returns

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

    There were five players missing when Manchester United returned for pre-season training on Monday after the club has given them more time off to try and seal a move elsewhere.

    Jadon Sancho, Antony, Marcus Rashford and Tyrell Malacia are not in Ruben Amorim’s plans, while Alejandro Garnacho has asked to leave due to his poor relationship with the head coach.

    Manchester United’s Jadon Sancho (L) celebrates after scoring during the English Premier League match between Manchester United and Liverpool in Manchester, Britain, on Aug. 22, 2022. (Xinhua)

    Sancho spent last season on loan with Chelsea, but the south London club opted against signing him on a permanent basis, even paying a penalty clause of five million pounds (6.8 million U.S. dollars) for rejecting that option.

    Juventus is thought to be interested in Sancho, with United asking for around 25 million pounds for the winger.

    Antony had a successful second half to the season on loan at Real Betis, and was a key factor as the club finished sixth in La Liga and reached the UEFA Conference League final, losing to Chelsea.

    Betis would like to sign Antony again and the player has said he wants to return to the south of Spain, but the club’s finances and Antony’s high price will make it difficult to turn the loan into a permanent deal.

    Como and Bayer Leverkusen are also thought to be interested in Antony.

    Rashford also had a moderately successful loan with Aston Villa, which was cut short by injury towards the end of last season. The England forward has been linked with interest from FC Barcelona, who is still looking to sign a winger after its failure to sign Athletic Bilbao’s Nico Williams.

    Chelsea was thought to be interested in Garnacho, who asked to leave after being left out of the starting 11 in the Europa League final, but Chelsea has since signed Jamie Gittens and Joao Pedro, reducing the possibility of signing more forwards.

    MIL OSI China News –

  • MIL-OSI New Zealand: Unlocking economic growth on conservation land

    Source: New Zealand Government

    A targeted effort to reduce the backlog of applications for use of conservation land is accelerating economic growth without compromising conservation values, says Conservation Minister Tama Potaka.

    “Over the years, decision makers at the Department of Conservation – Te Papa Atawhai became wrapped and trapped in a sticky ball of red tape unnecessarily slowing the success of tourism operators, researchers, major infrastructure project developers, among many others.

    “The department is doing a great job delivering on my expectation to crack on with the mahi. The total number of applications awaiting decisions has dropped from around 1300 last September to now under 550. The processing of these applications in April and May this year were nearly three times faster than the same time last year – up by 180 per cent.

    “We’re achieving these results through a data-driven approach and smarter, more efficient systems and processes, including new technology such as AI tools helping to scan statutory documents. 

    “A standout example is the new one-off drone permits process: previously taking weeks, these applications are now processed within five working days.

    “Around a third of the applications DOC has processed since February are related to tourism, the country’s second-largest export earner, where more than 380 tourism related applications in the last three months were processed, including guiding activities in Fiordland and Heli hunt and fish concessions for helicopter landings in the North Island.

    “This month, DOC has approved Kokiri Lime’s application to quarry 1ha of rock needed for critical roading and flood protection infrastructure projects in South Westland having first received the application more than five years ago.

    “Processing applications quicker means businesses get certainty faster. DOC is enabling a wide range of activities that connect people with nature and support local economies, while more quickly declining proposals where the effects on nature or heritage cannot be avoided, remedied, or mitigated.

    “The conservation estate covers a third of our country. It’s not just a sanctuary, it’s a shared space where tourism, science, infrastructure, and community projects intersect with nature. We’re now managing that balance faster and smarter.

    “We are ensuring activity on conservation land is lawful and sustainable while protecting the natural environment that is the lifeblood of our economy.” 

    Notes to editors

    • From guided walks and scientific research to filming and infrastructure, a wide range of activities on public conservation land rely on DOC’s permissions system to proceed responsibly and sustainably.
    • Each year, millions of international visitors (3.3 million in 2024 alone) are drawn to Aotearoa New Zealand by its spectacular natural landscapes. Around a third of all permissions applications DOC processes annually are tourism-related, underscoring the importance of timely decisions for the visitor economy and regional communities.
    • Since the end of February, DOC has made 386 decisions on tourism-related applications. In June 2025, 71 tourism decisions were processed, triple the number from June 2024, when 23 were completed, reflecting a sharp improvement.
    • Of the tourism-related decisions in June, 35% were for guiding activities. The number of tourism applications on-hand has dropped from 374 in June 2024 to just 137 in June 2025.
    • Tourism is a crucial part of the Government’s focus on economic growth, with domestic and international tourism expenditure at $44.4 billion and supporting more than 300,000 jobs.
    • Conservation-related tourism is worth around $3.4 billion a year.

    MIL OSI New Zealand News –

  • MIL-OSI Australia: PRRT augmentation and gross domestic product factor rates

    Source: New places to play in Gungahlin

    For information about the different classes of deductible expenditure and which uplift rates to use for each class of deductible expenditure, refer to PRRT deductible expenditure.

    Table: Petroleum resource rent tax (PRRT) augmentation and gross domestic product (GDP) factor rates

    Year

    Long term bond rate (LTBR) expressed as a %

    LTBR + 5%

    LTBR + 15%

    Gross domestic product (GDP) factor rate*

    2024

    4.25

    9.25

    N/A

    1.027

    2023

    3.61

    8.61

    N/A

    1.061

    2022

    2.11

    7.11

    N/A

    1.069

    2021

    1.18

    6.18

    N/A

    1.027

    2020

    1.03

    6.03

    N/A

    1.019

    2019

    2.25

    7.25

    17.25

    1.032

    2018

    2.70

    7.70

    17.70

    1.017

    2017

    2.42

    7.42

    17.42

    1.039

    2016

    2.61

    7.61

    17.61

    0.997

    2015

    3.00

    8.00

    18.00

    0.997

    2014

    3.98

    8.98

    18.98

    1.015

    2013

    3.24

    8.24

    18.24

    0.997

    2012

    4.01

    9.01

    19.01

    1.016

    2011

    5.31

    10.31

    20.31

    1.063

    2010

    5.50

    10.50

    20.50

    1.013

    2009

    4.95

    9.95

    19.95

    1.051

    2008

    6.18

    11.18

    21.18

    1.042

    2007

    5.82

    10.82

    20.82

    1.046

    2006

    5.40

    10.40

    20.40

    1.050

    2005

    5.42

    10.42

    20.42

    1.040

    2004

    5.68

    10.68

    20.68

    1.035

    2003

    5.34

    10.34

    20.34

    1.028

    2002

    5.88

    10.88

    20.88

    1.026

    2001

    5.82

    10.82

    20.82

    1.045

    2000

    6.51

    11.51

    21.51

    1.017

    1999

    5.45

    10.45

    20.45

    1.004

    1998

    5.98

    10.98

    20.98

    1.018

    1997

    7.63

    12.63

    22.63

    1.015

    1996

    8.67

    13.67

    23.67

    1.029

    1995

    9.85

    14.85

    24.85

    1.021

    1994

    7.39

    12.39

    22.39

    1.015

    1993

    8.35

    13.35

    23.35

    1.010

    1992

    9.87

    14.87

    24.87

    1.014

    1991

    12.11

    17.11

    27.11

    1.030

    1990

    13.31

    28.31

    28.31

    1.058

    1989

    12.86

    27.86

    27.86

    1.093

    1988

    12.55

    27.55

    27.55

    1.084

    1987

    13.57

    28.57

    28.57

    1.083

    1986

    13.65

    28.65

    28.65

    1.068

    1985

    13.41

    28.41

    28.41

    1.065

    1984

    12.72

    27.72

    27.72

    1.071

    1983

    14.43

    29.43

    29.43

    1.111

    1982

    15.48

    30.48

    30.48

    1.103

    1981

    12.58

    27.58

    27.58

    1.108

    1980

    10.66

    25.66

    25.66

    1.104

    Note

    * The GDP factor rate is based on the annual change to the gross domestic product (GDP) implicit price deflator index as first published by the Australian Bureau of Statistics (ABS).

    This ABS publication 5206.0 – Australian National Accounts: National Income, Expenditure and ProductExternal Link is updated quarterly.

    For additional legislative information on the GDP factor rate calculation methodology and/or augmented bond rate, see the Petroleum Resource Rent Tax Assessment Act 1987:

    MIL OSI News –

  • MIL-OSI: Ripple’s national license is imminent, and RICH Miner helps XRP investors create higher real value

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 07, 2025 (GLOBE NEWSWIRE) — Ripple (XRP) is gradually getting rid of the regulatory shadow of the U.S. Securities and Exchange Commission (SEC). As its long-term legal dispute with the SEC draws to a close, Ripple is moving towards the mainstream financial system.

    Ripple CEO Brad Garlinghouse once said on the social platform: “@Ripple adheres to our long-standing compliance principles and is applying for a national banking license from the OCC.” He added: “If approved, Ripple will become an institution regulated by both the state (NYDFS) and the federal government, which will establish an unprecedented trust standard for the stablecoin market.”

    Against this favorable background, RICH Miner, the world’s leading smart cloud mining platform, is providing XRP users with a more compliant, secure and sustainable value-added path. Users can use RICH Miner’s cloud mining platform to use the XRP they hold to open mining contracts, obtain stable daily passive income, and realize asset appreciation.

    If Ripple wins a banking license, what does it mean for XRP?

    Ripple Labs has long been one of the most well-capitalized crypto companies. Once it successfully obtains a national banking license, it will become the first federally licensed crypto payment company in the United States. This move will greatly enhance the importance of XRP in the legitimacy, financial acceptance and stablecoin ecosystem.

    And RICH Miner has seized this historic node and provided coin holders with an ideal platform to respond to regulatory directions and increase asset value.

    How does RICH Miner help users gain benefits?

    RICH Miner brings stable mining benefits to users through multi-dimensional intelligent systems and green infrastructure:

    ✅ AI intelligent computing power scheduling: dynamically adjust mining strategies to match the optimal profit path
    ✅ Global distributed node system: deploy cloud servers in multiple locations to improve stability and computing power efficiency
    ✅ Green energy drive: use renewable energy for mining, reduce costs, and give back to users
    ✅ Invitation rebate mechanism: every time you invite a friend, you can get up to 3% additional rebate

    How do XRP holders make money through RICH Miner mining?
    The operation is simple and the threshold is extremely low. XRP users only need three steps to start the road to profit:

    1. Visit the official website: https://richminer.com to register an account and receive a new user reward worth $15

    2. Select a contract: Choose cloud mining contracts of different terms and amounts according to your own investment plan, and you can participate with a minimum of 50 XRP

    Contract Price Contract duration Daily income Total revenue
    $100  2 $3  $100.00 + $6
    $600  8 $7.20  $500.00 + $57.60
    $1,300  13 $17.30  $1300.00 + $221.39
    $3,000  17 $42.30  $3000.00 + $719.10
    $5,000  24 $75.00  $5000.00 + $1800.00
    $12,000  32 $204.00  $12000.00 + $6528.00

     Click here to view the full contract

    3. Daily income arrives: The system runs automatically, daily income is settled in real time, and withdrawal or reinvestment is supported at any time

    Use XRP to “activate” computing power and empower assets

    Although XRP itself cannot be mined directly like BTC, in RICH Miner’s cross-chain mining architecture, XRP can be used to purchase cloud computing power contracts for currencies such as BTC, DOGE, and LTC.

    This means: XRP can become the “asset key” to start mining other mainstream currencies, further expanding the profit path of coin holders.

    For users who are wavering between holding coins and waiting for appreciation and leaving their assets idle, RICH Miner’s compliance model and smart contract mechanism are bringing unprecedented “actual use value” to XRP.

    Summary: Grasp the new regulatory trend and use RICH Miner to plan the future of crypto income in advance

    As Ripple actively applies for a national banking license and XRP is included in the compliant financial system, holding coins to earn interest has become an effective strategy to deal with market uncertainty. RICH Miner grasps this trend and is committed to providing a compliant, secure and intelligent cloud mining income path for XRP users around the world.

    In this compliance revolution, RICH Miner is not just a platform, but also a key tool for you to unleash the potential of crypto assets.

    Official website: https://richminer.com
    Contact email: info@richminer.com

    APP download: https://richminer.com/xml/index.html#/app

    Attachment

    The MIL Network –

  • MIL-OSI: Ripple’s national license is imminent, and RICH Miner helps XRP investors create higher real value

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 07, 2025 (GLOBE NEWSWIRE) — Ripple (XRP) is gradually getting rid of the regulatory shadow of the U.S. Securities and Exchange Commission (SEC). As its long-term legal dispute with the SEC draws to a close, Ripple is moving towards the mainstream financial system.

    Ripple CEO Brad Garlinghouse once said on the social platform: “@Ripple adheres to our long-standing compliance principles and is applying for a national banking license from the OCC.” He added: “If approved, Ripple will become an institution regulated by both the state (NYDFS) and the federal government, which will establish an unprecedented trust standard for the stablecoin market.”

    Against this favorable background, RICH Miner, the world’s leading smart cloud mining platform, is providing XRP users with a more compliant, secure and sustainable value-added path. Users can use RICH Miner’s cloud mining platform to use the XRP they hold to open mining contracts, obtain stable daily passive income, and realize asset appreciation.

    If Ripple wins a banking license, what does it mean for XRP?

    Ripple Labs has long been one of the most well-capitalized crypto companies. Once it successfully obtains a national banking license, it will become the first federally licensed crypto payment company in the United States. This move will greatly enhance the importance of XRP in the legitimacy, financial acceptance and stablecoin ecosystem.

    And RICH Miner has seized this historic node and provided coin holders with an ideal platform to respond to regulatory directions and increase asset value.

    How does RICH Miner help users gain benefits?

    RICH Miner brings stable mining benefits to users through multi-dimensional intelligent systems and green infrastructure:

    ✅ AI intelligent computing power scheduling: dynamically adjust mining strategies to match the optimal profit path
    ✅ Global distributed node system: deploy cloud servers in multiple locations to improve stability and computing power efficiency
    ✅ Green energy drive: use renewable energy for mining, reduce costs, and give back to users
    ✅ Invitation rebate mechanism: every time you invite a friend, you can get up to 3% additional rebate

    How do XRP holders make money through RICH Miner mining?
    The operation is simple and the threshold is extremely low. XRP users only need three steps to start the road to profit:

    1. Visit the official website: https://richminer.com to register an account and receive a new user reward worth $15

    2. Select a contract: Choose cloud mining contracts of different terms and amounts according to your own investment plan, and you can participate with a minimum of 50 XRP

    Contract Price Contract duration Daily income Total revenue
    $100  2 $3  $100.00 + $6
    $600  8 $7.20  $500.00 + $57.60
    $1,300  13 $17.30  $1300.00 + $221.39
    $3,000  17 $42.30  $3000.00 + $719.10
    $5,000  24 $75.00  $5000.00 + $1800.00
    $12,000  32 $204.00  $12000.00 + $6528.00

     Click here to view the full contract

    3. Daily income arrives: The system runs automatically, daily income is settled in real time, and withdrawal or reinvestment is supported at any time

    Use XRP to “activate” computing power and empower assets

    Although XRP itself cannot be mined directly like BTC, in RICH Miner’s cross-chain mining architecture, XRP can be used to purchase cloud computing power contracts for currencies such as BTC, DOGE, and LTC.

    This means: XRP can become the “asset key” to start mining other mainstream currencies, further expanding the profit path of coin holders.

    For users who are wavering between holding coins and waiting for appreciation and leaving their assets idle, RICH Miner’s compliance model and smart contract mechanism are bringing unprecedented “actual use value” to XRP.

    Summary: Grasp the new regulatory trend and use RICH Miner to plan the future of crypto income in advance

    As Ripple actively applies for a national banking license and XRP is included in the compliant financial system, holding coins to earn interest has become an effective strategy to deal with market uncertainty. RICH Miner grasps this trend and is committed to providing a compliant, secure and intelligent cloud mining income path for XRP users around the world.

    In this compliance revolution, RICH Miner is not just a platform, but also a key tool for you to unleash the potential of crypto assets.

    Official website: https://richminer.com
    Contact email: info@richminer.com

    APP download: https://richminer.com/xml/index.html#/app

    Attachment

    The MIL Network –

  • MIL-OSI New Zealand: Employment – Uber drivers taking a stand on behalf of all platform workers – CTU

    Source: New Zealand Council of Trade Unions Te Kauae Kaimahi

    As the Uber drivers have their case heard in the Supreme Court today, the New Zealand Council of Trade Unions Te Kauae Kaimahi believes that the outcome of the case will have lasting implications for people working the in the platform economy and workers who have been misclassified as contractors.

    “As a country we should be supporting Uber drivers in their fight against a multinational corporate that is trampling on their legal the employment rights, not undermine them as this Government is doing,” said NZCTU Secretary Melissa Ansell-Bridges.

    “The drivers who brought this case are taking a heroic stand on behalf of all workers who have been misclassified as contractors.

    “Everyone deserves good work, work that is well-paid, safe and secure and has minimum rights and conditions – that includes platform economy workers.

    “The International Labour Organization is currently developing a binding convention for securing decent work in the platform economy, at the same time the New Zealand government is making life even more difficult for platform workers.

    “Brooke van Velden is changing the law at the direction of Uber’s lobbyists because they keep losing in the courts – it’s a disgrace and shows why we need to get rid of this Government,” said Ansell-Bridges.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Uber drivers taking a stand on behalf of all platform workers

    Source: NZCTU

    As the Uber drivers have their case heard in the Supreme Court today, the New Zealand Council of Trade Unions Te Kauae Kaimahi believes that the outcome of the case will have lasting implications for people working the in the platform economy and workers who have been misclassified as contractors.

    “As a country we should be supporting Uber drivers in their fight against a multinational corporate that is trampling on their legal the employment rights, not undermine them as this Government is doing,” said NZCTU Secretary Melissa Ansell-Bridges.

    “The drivers who brought this case are taking a heroic stand on behalf of all workers who have been misclassified as contractors.

    “Everyone deserves good work, work that is well-paid, safe and secure and has minimum rights and conditions – that includes platform economy workers.

    “The International Labour Organization is currently developing a binding convention for securing decent work in the platform economy, at the same time the New Zealand government is making life even more difficult for platform workers.

    “Brooke van Velden is changing the law at the direction of Uber’s lobbyists because they keep losing in the courts – it’s a disgrace and shows why we need to get rid of this Government,” said Ansell-Bridges.

    MIL OSI New Zealand News –

  • MIL-OSI USA: SBA Relief Available to Texas Small Businesses, Residents, and Private Nonprofits Impacted by July Storms and Flooding

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – In response to the disaster declaration issued by President Donald J. Trump on July 6, the U.S. Small Business Administration (SBA) announced the availability of low interest rate federal disaster loans to Texas small businesses, residents, and private nonprofit (PNP) organizations affected by severe storms, straight-line winds, and flooding beginning July 2.

    The disaster declaration covers the primary Texas county of Kerr which is eligible for both physical disaster loans and Economic Injury Disaster Loans (EIDL) from the SBA. Small businesses and most PNP organizations in the following adjacent counties are eligible to apply only for SBA EIDLs: Bandera, Edwards, Gillespie, Kendall, Kimble, and Real.

    “As we pray for those impacted by the devastating flooding in Texas, as well as our first responders, the SBA is mobilizing to provide critical on-the-ground resources necessary for recovery,” said Kelly Loeffler, SBA Administrator. “As a result of President Trump’s immediate disaster declaration, the agency is now offering physical and economic injury disaster loans in Texas Hill Country. We are working closely with our state, local, and federal partners, and are committed to delivering robust relief and support as recovery begins in the days and months ahead.”

    Businesses and PNP’s are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

    Homeowners and renters are eligible to apply for home and personal property loans and may borrow up to $100,000 to replace or repair personal property, such as clothing, furniture, cars, and appliances. Homeowners may apply for up to $500,000 to replace or repair their primary residence.

    Applicants may be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include insulating pipes, walls and attics, weather stripping doors and windows, and installing storm windows to help protect property and occupants from future disasters.

    “One distinct advantage of SBA’s disaster loan program is the opportunity to fund upgrades to reduce the risk of future storm damage,” said Chris Stallings, Associate Administrator of the Office of Disaster Recovery and Resilience at the SBA. “I encourage businesses and homeowners to work with contractors and mitigation professionals to improve their storm readiness while taking advantage of SBA’s mitigation loans.”

    EIDLs are for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. They may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    Interest rates can be as low as 4% for small businesses, 3.625% for PNPs and 2.813% for homeowners and renters with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    As soon as the Federal-State Disaster Recovery Centers open in the affected area, SBA will provide one-on-one assistance to disaster loan applicants. Additional information and details on the location of disaster recovery centers is available by calling the SBA Customer Service Center at (800) 659-2955.

    To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The filing deadline to return applications for physical property damage is Sept. 4, 2025. The deadline to return economic injury applications is April 6, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News –

  • MIL-OSI: BAY Miner Launches Flexible Cloud Mining for BTC, SOL, XRP, and DOGE Investors

    Source: GlobeNewswire (MIL-OSI)

    Washington, July 07, 2025 (GLOBE NEWSWIRE) — Are you tired of missing out on big crypto gains? BAY Miner is changing how investors approach mining. This cloud mining platform gives you a chance to take a daily income from cryptocurrencies like Bitcoin (BTC), Solana (SOL), Ripple (XRP), or Dogecoin (DOGE) all with a fraction of the costs and effort of mining.!

    BAY Miner has fast become the answer for many crypto lovers globally as it has forms of asset growth for crypto traders at any level, from the experienced trader to the new trader learning how to grow their crypto assets in new and exciting ways with ease designed for consistent passive income.

    Why BAY Miner Stands Above the Competition

    BAY Miner doesn’t just promise earnings — it delivers them. With potential daily returns reaching up to $20,777, BAY Miner is built for investors who want results. Miner uses cutting-edge mining farms and renewable energy to bring you increased efficiency and lower operating expenses, which means more profit for you.

    Whereas most platforms support just one or two coins, BAY Miner allows you to mine BTC, SOL, XRP, and DOGE simultaneously. This allows for a fully diversified mining experience that evenly balances your earnings if one coin’s market goes down.

    How to Get Started with BAY Miner

    It is simple and fast. You can start mining and earn in just a few minutes.

    Step 1: Go to the https://www.bayminer.com/.

    Step 2: Download the mobile app to control your account from anywhere.

    Step 3: Create a profile and choose a mining contract according to your budget.

    As soon as your mining plan is active, BAY Miner will take care of everything through their world-class infrastructures. You have no expensive equipment, loud rigs, or high electric bills to worry about.

    Get Daily Earnings with Total Transparency

    One of the biggest concerns in crypto is trust. BAY Miner takes transparency seriously. The platform provides detailed dashboards so you can track exactly how much you’re earning daily. You’ll see your mining power, daily payouts, and wallet balance all in one place.

    Better yet, withdrawals are fast and simple. You’re free to take out your earnings anytime, letting you react to market opportunities instantly.

    Leverage Renewable Energy for Sustainable Profits

    BAY Miner is not only lucrative, but is also environmentally sustainable. Their mining activities utilize primarily renewable energy which reduces the platform’s carbon footprint and gives you a healthier conscience with your crypto earnings.

    By using green energy and advanced cooling systems, BAY Miner maximizes efficiency. This keeps costs low and gives you higher returns without damaging the planet.

    Perfect for All Levels of Crypto Enthusiasts

    It doesn’t matter if you’re brand new to digital currencies or already hold a diverse portfolio. BAY Miner is designed for everyone. The user-friendly interface makes it easy for newcomers to follow each step and for seasoned investors to find the advanced stats and flexible mining options the platform offers. 

    Want an even broader distribution? You can split your investment across your chosen BTC, SOL, XRP, and DOGE. This smart strategy helps you protect your overall returns from sudden price drops in any single coin.

    Why More Crypto Investors Trust BAY Miner

    With countless cloud mining platforms appearing online, it’s hard to know who to trust. BAY Miner stands out with a proven record, secure data centers, and 24/7 system monitoring. Your assets are always protected with top-tier security protocols.

    Customer service is responsive and professional. If you have a general query or need help changing your mining plan, just ask.

    Boost Your Earnings with Exclusive Promotions

    As one off deals, BAY Miner sporadically offers promo deals for new clients, increasing your mining power at discounted rates. This allows further daily profits with no additional cost to you. Look out on their site or app notifications for announcement of promotional deals.

    Get in Touch with BAY Miner Today

    Contact Information:

    Website: www.bayminer.com

    Email: info@bayminer.com

    Click here to download the mobile app now

    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.

    Attachment

    The MIL Network –

  • MIL-OSI: BAY Miner Launches Flexible Cloud Mining for BTC, SOL, XRP, and DOGE Investors

    Source: GlobeNewswire (MIL-OSI)

    Washington, July 07, 2025 (GLOBE NEWSWIRE) — Are you tired of missing out on big crypto gains? BAY Miner is changing how investors approach mining. This cloud mining platform gives you a chance to take a daily income from cryptocurrencies like Bitcoin (BTC), Solana (SOL), Ripple (XRP), or Dogecoin (DOGE) all with a fraction of the costs and effort of mining.!

    BAY Miner has fast become the answer for many crypto lovers globally as it has forms of asset growth for crypto traders at any level, from the experienced trader to the new trader learning how to grow their crypto assets in new and exciting ways with ease designed for consistent passive income.

    Why BAY Miner Stands Above the Competition

    BAY Miner doesn’t just promise earnings — it delivers them. With potential daily returns reaching up to $20,777, BAY Miner is built for investors who want results. Miner uses cutting-edge mining farms and renewable energy to bring you increased efficiency and lower operating expenses, which means more profit for you.

    Whereas most platforms support just one or two coins, BAY Miner allows you to mine BTC, SOL, XRP, and DOGE simultaneously. This allows for a fully diversified mining experience that evenly balances your earnings if one coin’s market goes down.

    How to Get Started with BAY Miner

    It is simple and fast. You can start mining and earn in just a few minutes.

    Step 1: Go to the https://www.bayminer.com/.

    Step 2: Download the mobile app to control your account from anywhere.

    Step 3: Create a profile and choose a mining contract according to your budget.

    As soon as your mining plan is active, BAY Miner will take care of everything through their world-class infrastructures. You have no expensive equipment, loud rigs, or high electric bills to worry about.

    Get Daily Earnings with Total Transparency

    One of the biggest concerns in crypto is trust. BAY Miner takes transparency seriously. The platform provides detailed dashboards so you can track exactly how much you’re earning daily. You’ll see your mining power, daily payouts, and wallet balance all in one place.

    Better yet, withdrawals are fast and simple. You’re free to take out your earnings anytime, letting you react to market opportunities instantly.

    Leverage Renewable Energy for Sustainable Profits

    BAY Miner is not only lucrative, but is also environmentally sustainable. Their mining activities utilize primarily renewable energy which reduces the platform’s carbon footprint and gives you a healthier conscience with your crypto earnings.

    By using green energy and advanced cooling systems, BAY Miner maximizes efficiency. This keeps costs low and gives you higher returns without damaging the planet.

    Perfect for All Levels of Crypto Enthusiasts

    It doesn’t matter if you’re brand new to digital currencies or already hold a diverse portfolio. BAY Miner is designed for everyone. The user-friendly interface makes it easy for newcomers to follow each step and for seasoned investors to find the advanced stats and flexible mining options the platform offers. 

    Want an even broader distribution? You can split your investment across your chosen BTC, SOL, XRP, and DOGE. This smart strategy helps you protect your overall returns from sudden price drops in any single coin.

    Why More Crypto Investors Trust BAY Miner

    With countless cloud mining platforms appearing online, it’s hard to know who to trust. BAY Miner stands out with a proven record, secure data centers, and 24/7 system monitoring. Your assets are always protected with top-tier security protocols.

    Customer service is responsive and professional. If you have a general query or need help changing your mining plan, just ask.

    Boost Your Earnings with Exclusive Promotions

    As one off deals, BAY Miner sporadically offers promo deals for new clients, increasing your mining power at discounted rates. This allows further daily profits with no additional cost to you. Look out on their site or app notifications for announcement of promotional deals.

    Get in Touch with BAY Miner Today

    Contact Information:

    Website: www.bayminer.com

    Email: info@bayminer.com

    Click here to download the mobile app now

    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.

    Attachment

    The MIL Network –

  • MIL-OSI USA: Reps. Lawler, Riley, and McDonald Rivet Introduce CROP For Farming Act to Support Conservation and Agriculture

    Source: US Congressman Mike Lawler (R, NY-17)

    Washington, D.C. – 7/7/25… Today, Representatives Mike Lawler (NY-17), joined by Josh Riley (NY-19) and Kristen McDonald Rivet (MI-08) introduced the Conservation and Regenerative Optimization Practices for Farming Act, or the CROP for Farming Act, a targeted, bipartisan proposal to strengthen conservation efforts and equip farmers with new tools to improve soil health, enhance productivity, and reduce harmful emissions through voluntary practices.

    The bill updates the Food Security Act of 1985 to recognize and support farming efforts to reduce nitrous oxide and methane emissions, while promoting carbon storage in soil and vegetation, all through existing conservation incentive contracts under the U.S. Department of Agriculture.

    Through commonsense updates to the Environmental Quality Incentives Program (EQIP), the bill encourages practices such as no-till farming, cover cropping, and improved grazing management —strategies that enhance soil fertility, improve water retention, and support long-term farm resilience.

    “Our farmers are the backbone of our economy and the original conservationists,” said Congressman Mike Lawler. “The CROP for Farming Act empowers them to continue adopting responsible land management practices that protect natural resources and ensure long-term viability, not just for their farms, but for our food supply and our environment. This bill ensures federal policy reflects the realities on the ground and supports producers who are making smart, forward-looking decisions.”

    “Upstate farmers are leading on climate-smart ag—using cover crops, rotational grazing, and precision fertilizer to cut emissions and rebuild the soil. The CROP for Farming Act makes sure USDA conservation funding supports those efforts. It directs more resources to practices that fight climate change and strengthen rural economies. It’s practical, it’s bipartisan, and I’m proud to sponsor it,” said Congressman Josh Riley.

    “The success of our farmers and protecting the environment go hand in hand,” said Congresswoman McDonald Rivet. “I hear from farmers all the time whose families have worked their land for generations and who want to conserve that same land for future generations. Through the CROP Farming Act, I am working with both parties to make that easier to achieve.”

    “Our farmers need federal conservation programs that support the soil management practices essential for addressing today’s environmental and economic challenges. The CROP for Farming Act takes an important step by formally recognizing carbon sequestration and greenhouse gas reductions as conservation priorities. This legislation affirms the role of farmers in increasing carbon sequestration while stewarding healthy landscapes for soil health and water quality. We applaud Representatives Lawler and McDonald Rivet for advancing this bipartisan legislation that invests in the economic and environmental sustainability of both our farmers and their future,” said Daphne Yin, Director of Land Policy at Carbon180.

    The following organizations have endorsed the CROP for Farming Act:

    • Environmental Working Group
    • Carbon180
    • CleanEarth4Kids.org
    • Climate Action Now
    • Friends Committee on National Legislation
    • Northeast Organic Dairy Producers Alliance
    • Northeast Organic Farming Association of New York (NOFA-NY)
    • Northeast Organic Farming Association of New Jersey (NOFA-NJ)
    • CT NOFA (Northeast Organic Farming Association of CT)
    • Maine Organic Farmers and Gardeners Association
    • Organic Farming Research Foundation
    • Michigan Clinicians for Climate Action
    • Waterkeepers Chesapeake
    • Sierra Club
    • Alliance of Nurses for Healthy Environments
    • Center for Environmental Health
    • Women, Food, and Agriculture Network (WFAN)
    • Jewish Earth Alliance- PA
    • Fair Start Movement 
    • Santa Cruz Climate Action Network
    • Louisiana Food Policy Council
    • Green America
    • Unitarian Universalists for Social Justice 

    Congressman Lawler is one of the most bipartisan members of Congress and represents New York’s 17th Congressional District, which is just north of New York City and contains all or parts of Rockland, Putnam, Dutchess, and Westchester Counties. He was rated the most effective freshman lawmaker in the 118th Congress, 8th overall, surpassing dozens of committee chairs.

    ###

    Full text of the bill can be found HERE.

    MIL OSI USA News –

  • MIL-OSI USA: Rep. Gabe Vasquez Demands Immediate Action on Delayed Education Grants in New Mexico

    Source: US Representative Gabe Vasquez’s (NM-02)

    WASHINGTON, D.C. – On June 26, 2025, U.S. Representative Gabe Vasquez (NM-02) led a letter to Secretary of Education Linda E. McMahon and Office of Management and Budget Director Russell Vought seeking immediate answers regarding delayed Grant Award Notifications (GANs) that jeopardize vital funding of key education programs in New Mexico. 

    The delays affect funding for the High School Equivalency Program (HEP) and the College Assistance Migrant Program (CAMP), which are administered by colleges, universities, and nonprofit organizations across the country, including the University of New Mexico (UNM), New Mexico State University (NMSU), and Northern New Mexico College (NNMC). These programs provide life-changing educational opportunities to students from migrant and seasonal farmworker families, helping them complete their high school education and pursue college degrees.  

    “If the executive branch continues to withhold this funding, hardworking New Mexican students will lose opportunities to build better lives through education, and teachers will lose their jobs,” said Vasquez. “These students are our state’s future, and we can’t afford to let them down.”

    HEP helps students who have dropped out of high school earn their High School Equivalency Credential and serves more than 6,000 students annually across the country. CAMP supports approximately 2,400 students nationwide each year in their first year of college with academic, financial, and personal assistance. Nearly three-quarters of CAMP participants go on to graduate with a bachelor’s degree, making it one of the most effective support programs of its kind.

    In the letter, Vasquez called on Secretary McMahon and Director Vought to provide information on the following:

    • When the Department expects to issue GANs for HEP and CAMP grantees
    • The cause of the delay in issuing GANs and the steps the Department is taking to resolve it
    • Whether the Department will commit to allowing no-cost extensions for programs currently operating without funding certainty

    Rep. Vasquez continues to press for transparency and timely action to ensure New Mexican students are not left behind.

    Full text of the letter can be found below: 

    Dear Secretary McMahon and Director Vought:

    We write to express our deep concern about the delay in issuing Grant Award Notifications (GANs) for the High School Equivalency Program (HEP) and the College Assistance Migrant Program (CAMP). As of today, the Department of Education has not released GANs for Fiscal Year 2025, despite Congress having already authorized and appropriated funding for these critical programs. We urge that you remedy this situation as quickly as possible, not only to support these students but also the teachers and universities that support them. 

    Each of our offices has met with current and former students about the importance and impact of the HEP and CAMP. Hearing their stories highlighted how these programs provide life-changing educational opportunities to students from migrant and seasonal farmworker families, helping them complete their high school education and pursue college degrees. These programs were designed to support some of the hardest-working and most underserved students in our communities, and they have a proven track record of success. Nearly three-quarters of CAMP participants go on to earn a bachelor’s degree.

    In New Mexico, the University of New Mexico (UNM), New Mexico State University (NMSU), and Northern New Mexico College (NNMC) utilize HEP and CAMP funding to support students who are first-generation college students, many of whom are the children of farmworkers. At UNM, these programs have been operating for over two decades – CAMP since 2001 and HEP since 2002. They support over 100 students annually and provide employment to 8 full-time staff and 10-12 student workers. At NMSU, HEP and CAMP programs also serve a vital student population and support approximately 124 students, 5 full-time staff, and 20 student workers each year. NNMC has 5 full-time staff who serve 30 first-year college students, along with 11 student workers who keep the program running. 

    Without immediate action from the Department, all three institutions will face serious disruptions in service and potential staffing cuts. These programs cannot operate without knowledge of their FY25 funding. Timely notice of continued funding is critical – not just for budgeting and staffing, but for student outreach and program continuity. Delays will harm the very students these programs are meant to empower.

    We respectfully request answers to the following questions no later than June 27, 2025:

    1. When does the Department expect to issue GANs for HEP and CAMP grantees?
    2. What is causing the delay in GAN issuance, and how is the Department addressing it?
    3. Will the Department commit to allowing no-cost extensions for programs that are currently operating without funding certainty?

    We urge you to prioritize the timely release of GANs for HEP and CAMP. These programs serve students who have overcome enormous barriers, and they deserve better than silence and uncertainty from the very agency that is supposed to support them.

    Sincerely, 

    Gabe Vasquez

    Member of Congress

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Fact Sheet: President Donald J. Trump Continues Enforcement of Reciprocal Tariffs and Announces New Tariff Rates

    US Senate News:

    Source: US Whitehouse
    KEEPING AMERICA IN THE DRIVER’S SEAT: Today, President Donald J. Trump signed an Executive Order determining that certain tariff rates, which were initially set to expire on July 9, will expire on August 1, 2025. President Trump also sent tariff letters to many countries informing them of their new reciprocal tariff rates, which will take effect on August 1.
    President Trump took these actions based on information and recommendations from senior officials, including information on the status of trade negotiations.
    Since President Trump modified the tariff rates roughly 90 days ago, dozens of countries have agreed or offered to lower their tariff rates and eliminate non-tariff barriers to move toward a more balanced trade relationship with the United States.
    Notwithstanding this significant and historic progress, the U.S. trade deficit remains severe.
    While the United States is open to additional trade discussions and deals, President Trump is taking action to establish trade relations going forward.

    President Trump sent letters to many countries explaining that, starting August 1, they will be subject to new reciprocal tariff rates designed to make the terms of our bilateral trade relationships more reciprocal over time and to address the national emergency caused by the massive U.S. goods trade deficit.
    In some instances, countries will be subject to a revised reciprocal tariff rate that is lower than the rate initially announced on April 2.
    For others, the reciprocal tariff rate may be higher than the previous rate.

    The President may send more letters in the coming days and weeks. The countries he sent letters to today include:
    Japan (25%)
    Korea (25%)
    South Africa (30%)
    Kazakhstan (25%)
    Laos (40%)
    Malaysia (25%)
    Myanmar (40%)
    Tunisia (25%)
    Bosnia and Herzegovina (30%)
    Indonesia (32%)
    Bangladesh (35%)
    Serbia (35%)
    Cambodia (36%)
    Thailand (36%)

    TAKING BACK OUR ECONOMIC SOVEREIGNTY: Today’s Order, combined with letters sent to trading partners, underscores President Trump’s commitment to take back America’s economic sovereignty by addressing many nonreciprocal trade relationships that threaten our economic and national security.
    President Trump is the best trade negotiator in history. His strategy has focused on addressing systemic imbalances in our tariff rates that have tilted the playing field in favor of our trading partners for decades. 
    Countries that aren’t serious about addressing the tariff and non-tariff trade barriers that impede American exports and harm American workers, farmers, and businesses are facing the consequences.
    President Trump welcomes the business of our trading partners on American soil: as these countries are aware, there will be no tariff if they decide to build or manufacture products in our country.
    President Trump has committed that the United States will do everything possible to get approvals quickly, professionally, and routinely to bring back manufacturing jobs for Americans.

    President Trump is using tariffs as the necessary and powerful tool to put America First after many years of unsustainable trade deficits that threaten our economy and national security. 
    LIBERATING AMERICA FROM UNFAIR TRADE PRACTICES: Since Day One, President Trump challenged the assumption that American workers and businesses must tolerate unfair trade practices that have disadvantaged them for decades and contributed to our historic trade deficit.
    On April 2, President Trump declared a national emergency in response to the large and persistent U.S. goods trade deficit caused by a lack of reciprocity in our bilateral trade relationships, unfair tariff and non-tariff barriers, and U.S. trading partners’ economic policies that suppress domestic wages and consumption.
    President Trump continues to advance the interests of the American people by calling on trading partners to remove tariff and non-tariff barriers and expanding market access for American exporters.
    Today’s announcement, based on reciprocity and fairness, will help usher in a Golden Age for the American People.

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Green light for over 50 road and rail upgrades supporting over 39,000 new homes and 42,000 jobs

    Source: United Kingdom – Government Statements

    Press release

    Green light for over 50 road and rail upgrades supporting over 39,000 new homes and 42,000 jobs

    Commuters and businesses to benefit from quicker journeys as more than 50 road and rail upgrades are agreed.

    • 5 strategic road schemes and 5 key rail upgrades given government funding – supporting 42,000 jobs, paving the way for 1.5 million new homes as part of the Plan for Change, and rail enhancements will connect 50,000 more people to the rail network  
    • backed by over £92 billion from the Spending Review settlement, the government is delivering the biggest boost to England’s transport infrastructure in a generation, and unlocking schemes that deliver for the taxpayer and drive growth  
    • wave of projects set to ease congestion, cut journey times and bring greater access to jobs and opportunities, making working people better off

    Millions of commuters and businesses are set to benefit from quicker journeys, as more than 50 road and rail upgrades are given the green light – including the long awaited A66 Northern Trans-Pennine route and Portishead to Bristol city centre rail line, the government has announced today (8 July 2025).   

    Working people will also gain better access to jobs and housing through these schemes, helping deliver the Plan for Change to build strong foundations and kick-start economic growth, made possible by the government’s investment unlocked in last month’s Spending Review. 

    Five major road schemes in the north and Midlands are confirmed as funded including the M54 to M6 link road in Staffordshire, which will cut journey times and connect thousands to key economic hubs across the Midlands. 

    The M60/M62/M66 Simister Island (Greater Manchester), connecting to developments which could support 20,000 new jobs and 7,000 new homes if planning approval granted, has also been confirmed as funded, alongside the A38 Derby Junctions (Derby) which will support 15,400 new homes and A46 Newark Bypass in Nottinghamshire, which could support thousands of new jobs and homes, if planning approval is granted. 

    The long awaited A66 Northern Trans-Pennine will also be delivered and will cut journey times across the north, support over 10,000 new homes and connect millions across the region as a key national and international economic route.     

    The government is also announcing key rail projects across the country, including reinstating a passenger rail line between Bristol city centre and Portishead, which last ran over 60 years ago, delivering 3 brand new train stations, bringing thousands more people closer to a railway and funding a Midlands Rail Hub, creating brand new rail links for more than 50 locations. 

    Rail investment outside of London and the South East is long overdue, which is why the government is confirming additional funding right across England and Wales, which will improve access to jobs and leisure and stimulate housing growth in the regions.

    Transport Secretary Heidi Alexander said:   

    Transport is the backbone of our economy, which is why we are giving them the record funding boost they need, putting taxpayers’ money where it matters most and making everyday journeys easier.  

    With over £92 billion investment, including the biggest ever boost for city regions in the north and Midlands, we’re delivering the schemes that fast-track economic growth and jobs, connect communities, and will help us build 1.5 million new homes, as we deliver our Plan for Change.   

    We’re forging ahead with the vital new transport infrastructure Britain needs, and improving what we’ve already got, to deliver a new era of renewal and opportunity.

    Over 42,000 new jobs and 39,000 new homes are estimated to be supported thanks to the funding committed for major road schemes, helping deliver the government’s Plan for Change to boost economic growth, and build 1.5 million more houses over 5 years.  

    Journey times will be slashed, saving commuters, businesses, and freight thousands of hours every week, and boosting economic growth across the whole country.   

    These new infrastructure commitments are backed by £92 billion of government funding to invest in more projects across England, including record levels of funding for upgrading our road and rail networks, extending the £3 bus cap, providing £1 billion to enhance the local road network and create a new structures fund. 

    To support local journeys, the government is also committing support to continue 28 local road schemes vital to connecting and growing communities. These schemes, which include the Middlewich Eastern Bypass and A382 Drumbridges to Newton Abbot schemes, are not motorways or trunk A-roads, but junctions, bypasses and traffic-easing projects which will improve millions of congested commutes and unlock further housing and jobs.   

    Of the £92.8 billion, the Chancellor has already announced £10.2 billion for rail enhancements, improving connectivity and unlocking growth in key areas of the UK, which have for too long struggled with unreliable, infrequent services. This also includes £24 billion for motorways, trunk roads and local roads across the country. 

    Chancellor of the Exchequer Rachel Reeves said: 

    These vital investments are long overdue, will transform local communities and improve living standards across the country.  

    Investments like these are only possible because we took the right decisions to stabilise our public finances and changed the fiscal rules so we can invest in Britain’s renewal, grow the economy and put more money in working people’s pockets.

    In addition, the government is investing a further £27 million to reinstate passenger rail services between Portishead and Bristol city centre. The new hourly services will connect an additional 50,000 people to the rail network and support a significant new housing development.    

    Two new stations, Wellington and Cullompton, have been given the green light in the south-west of England, unlocking significant new housing developments and providing more chances for people to access Exeter to visit loved ones and benefit from increased leisure, education and employment opportunities. Similarly, a new station at Haxby will now be delivered, bringing an additional 20,000 people within 3 kilometres of the railway, providing easy access to the regional centres of York and Leeds.  

    The Midlands is also set to see a huge improvement to its rail services. The new Midlands Rail Hub will be the region’s biggest and most ambitious rail improvement scheme to date.  Significant government funding will mean huge numbers of additional trains and extra seats can be added to the rail network in and out of Birmingham every single day. This will support new homes and create greener growth across the Midlands while providing faster, more frequent and brand new rail links for more than 50 locations and creating almost 13,000 construction jobs.  

    Investment will also benefit existing rail users. The East Coast Main Line, which runs the length of the country, is already benefiting from an increase to capacity and frequency and will also receive new, upgraded digital signalling, boosting capability and resilience of the line, and reducing delays by one third. This rollout will support new digital skills in the rail sector and the creation of 4,800 new roles across the supply chain.   

    This continued funding for rail schemes up and down the country will open up access to jobs, grow the economy and drive up quality of life as the Plan for Change is delivered.    

    Logistics UK Head of Infrastructure and Planning Policy Jonathan Walker said: 

    The schemes announced today are significant upgrades to national infrastructure and when complete will make supply chains more resilient and boost trade by keeping goods moving as efficiently as possible. 

    80% of UK freight travels on roads at some point on its journey to the end user and congestion increases costs and makes journey planning highly unpredictable. 

    An efficient national logistics network is critical to enable business to drive growth across the whole economy and ensures that the right goods are in the right place at the right time – whether that is a factory, office, hospital or doorstep.

    John Foster, Chief Policy and Campaigns Officer, CBI said:

    Improving transport connectivity is key to unlocking the productivity gains needed to deliver sustainable growth across the country. When businesses can move people, goods, and services more efficiently, it helps them to reach new markets faster and attract the talent they need to grow. Today’s announcement is a welcome step forward and builds on a strong series of planning reforms aimed at delivering the long-term infrastructure the UK economy needs.

    Roads media enquiries

    Media enquiries 0300 7777 878

    Switchboard 0300 330 3000

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Charities supporting three times as many people with essential aid, research finds, as sector faces increased financial pressure

    Source: United Kingdom – Government Statements

    Press release

    Charities supporting three times as many people with essential aid, research finds, as sector faces increased financial pressure

    The Charity Commission has published its annual public and trustee research, revealing a stark long-term rise in people seeking charitable support amid continued high levels of public trust in charities.

    The Commission’s annual survey of public attitudes to charities reveals that in the last year 9% of people received food, medical or financial support from charitable organisations, compared to just 3% five years ago.

    While demand for such services has risen dramatically, the Commission’s research shows that charities themselves are feeling increased financial pressure.

    Over the same five-year period, the proportion of people who said they’d donated to, or raised funds for charity in the past year, fell from 62% to 48% as households have felt the pinch.

    Nearly half of charity trustees said their charity had been forced to make changes as a result of cost-of-living pressures in the past year (46%). This included stopping some services (11%) and using more of their reserves than expected (17%).

    Against the backdrop of these challenges, public trust in charities remains high, with almost 60% of people reporting high trust in charities – placing them second only to doctors among trusted institutions.

    The research indicated that public confidence in charitable spending has improved, with over 6 in 10 people believing donations are reaching the intended cause. This confidence has risen by 7 percentage points in 12 months.

    In other findings, the research suggested that charities’ campaigning activities are unlikely to diminish public support in their work – and for nearly half, may increase it. Fewer than 1 in 20 said they would be less likely to support a charity that campaigned, suggesting continued public support for charities that advocate for their beneficiaries.

    In the Commission’s annual survey of trustees, also released today, there are signs of slight improvement in banking services, after the regulator and its partners highlighted persistent issues for many charities.

    The research found that 38% of trustees reported problems with their charity’s bank, which is down from 42% in 2024, but remains an issue for many.

    Charity Commission Chief Executive, David Holdsworth, said:

    These findings highlight the central role of the charitable sector at a time of significant pressures in wider society.

    Charities are providing a vital lifeline to ever more people, while simultaneously navigating their own financial challenges as donors feel the pinch.

    It’s encouraging to see improved public confidence in charitable spending, though there is no room for complacency. Charities must continue to keep their charitable purposes central to everything they do because this remains a key driver in maintaining public trust.

    The data paints both a challenging picture and a hopeful one – showing a sector that continues to be a bedrock of support and community for people across the country as well as overseas, despite navigating unprecedented demand in an increasingly unstable global landscape.

    The full findings can be found on gov.uk.

    Notes to editors:

    1. The Charity Commission is the independent, non-ministerial government department that registers and regulates charities in England and Wales. Its ambition is to be an expert regulator that is fair, balanced, and independent so that charity can thrive. This ambition will help to create and sustain an environment where charities further build public trust and ultimately fulfil their essential role in enhancing lives and strengthening society. Find out more: About us – The Charity Commission – GOV.UK
    2. The Charity Commission has been collecting data on public trust in charities since 2005. This year, BMG Research was commissioned to undertake this research on its behalf with results for the public trust survey based on answers from 4,092 respondents in January 2025. Results of the trustee survey are based on answers from 2,511 respondents provided in February 2025.

    Press office

    Email pressenquiries@charitycommission.gov.uk

    Out of hours press office contact number: 07785 748787

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI New Zealand: Stats NZ information release: Tatauranga umanga Māori – Statistics on Māori businesses: March 2025 quarter

    Tatauranga umanga Māori – Statistics on Māori businesses: March 2025 quarter – information release

    8 July 2025

    Tatauranga umanga Māori – Statistics on Māori businesses: March 2025 quarter presents information on one subset of Māori businesses that contribute to our country’s economy. This release includes data on Māori authorities and related businesses. It does not cover all Māori businesses in Aotearoa New Zealand.

    Māori authorities are defined as businesses that receive, manage, and/or administer assets held in common ownership by iwi and Māori. Māori authorities are largely identified through their tax codes as registered with Inland Revenue. Any business within a Māori authority ownership group is also included for the purposes of Tatauranga umanga Māori.

    Key facts

    In the March 2025 quarter, around 1,450 Māori authorities and related businesses were in the Tatauranga umanga Māori population.

    All figures are actual values and are not adjusted for seasonal effects.

    In the March 2025 quarter compared with the March 2024 quarter:

    • the total value of sales by Māori authorities was $1,078 million, down $0.6 million (0.1 percent)
    • the total value of purchases by Māori authorities was $742 million, down $18.9 million (2.5 percent)
    • the total number of filled jobs for Māori authorities was 11,870, down 170 jobs (1.4 percent)
    • the total value of earnings by employees of Māori authorities was $212 million, down $8.7 million (4.0 percent)
    • Māori authorities exported $219 million worth of goods, up $10 million (4.9 percent).

    Visit our website to read this information release and to download CSV files:

    MIL OSI New Zealand News –

  • MIL-OSI Submissions: Iran-Israel war casts long shadow over global markets as strategic uncertainty persists, says GlobalData

    Source: GlobalData

    The Iran-Israel war casts a long shadow over global markets, with the ceasefire offering only a temporary pause in hostilities rather than a path to resolution.

    Strategic uncertainty continues to loom large, raising critical questions about the motivations behind Israel’s military actions and the future of Iran-Israel relations.

    From disrupted oil flows and rising inflation to shaken investor confidence, the economic and geopolitical repercussions are already being felt across regions and sectors, says GlobalData, a leading data and analytics company.

    Ramnivas Mundada, Director of Economic Research and Companies at GlobalData, comments: “While Israel framed its offensive as a pre-emptive strike against a perceived existential danger posed by Iran’s nuclear ambitions, this justification is contested. The region now faces a period of strategic uncertainty, with multiple potential outcomes. 

    For Israel to translate its military successes into lasting strategic gains, it must effectively curtail Iran’s nuclear ambitions, long-range ballistic missile arsenal, and regional influence. Given its aggressive strategy and low risk tolerance, it is unlikely to settle for anything less than ensuring that Iran poses no long-term challenge to its security.”

    The war has severely impacted Iran’s oil and gas sector, with airstrikes causing significant damage to critical facilities, including the South Pars gas field and various refineries. This destruction has disrupted production and exacerbated existing energy shortages, raising concerns about long-term economic stability.

    Against this backdrop, GlobalData has lowered Iran’s economic growth forecast for 2025 from 3.1% in March to a mere 0.3% in June. Additionally, the inflation rate projection has been revised upward from 32.3% to 47.5%, highlighting the increasing instability in the region and its detrimental effects on Iran’s economic outlook.

    The war has also led to increased volatility in the Iranian stock market, with the TEDPIX index contracting by 2.1% year-to-date as of 2 July 2025. Investor uncertainty has been fueled by rising oil prices, which surged from $59.2 per barrel on 5 June to a high of $74.4 per barrel by 22 June.

    The Iran-Israel war has significantly affected multiple sectors, particularly the ready-made garment (RMG) industry, which faces challenges from rising oil prices and loss of competitiveness. Fast-moving consumer goods (FMCG) companies are bracing for increased costs due to oil price volatility impacting packaging and raw materials.

    Moreover, the war has highlighted the interconnectedness of global supply chains, with key chokepoints like the Strait of Hormuz at risk. Disruptions in shipping routes and increased military activity have led to extended transit times and rising fuel costs, affecting global trade and logistics. The broader implications of the war underscore the urgent need for stability in the region, as the ripple effects extend far beyond the immediate combatants.

    Mundada concludes: “Israel’s military actions, framed as a response to an imminent nuclear threat, appear to be more complex and reflect a desire to assert military dominance in the region. As both nations navigate this precarious situation, the potential for renewed war looms large, underscoring the need for vigilance and adaptability from stakeholders in the region and beyond. The economic repercussions for Iran, coupled with the ongoing geopolitical uncertainties, suggest that the path to lasting peace will be fraught with challenges.”

    Notes

    Quotes provided by Ramnivas Mundada, Director of Economic Research and Companies at GlobalData
    The information is based on GlobalData’s Macroeconomic Database, “Country Analytics Overview – GlobalData”

    About GlobalData

    4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis, and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology, and professional services sectors.

    MIL OSI – Submitted News –

  • MIL-OSI New Zealand: Research – 64% of Kiwi Workers Want Salary Sacrificing: The Mid-Year Game Changer Employers Can’t Afford to Ignore – Robert Walters

    Source: Robert Walters

    • Survey of 2,800+ workers revealed 64% of professionals would consider salary sacrificing if offered 
    • 23% would sacrifice salary for mortgage repayments, 16% for extra Kiwi Saver contributions 
    • 63% of workers are currently job searching after no or disappointing pay rises so far this year.

    As New Zealand faces a mass talent exodus, this could be the best, most cost-effective retention strategy for employers

    With thousands of New Zealand employees heading into mid-year performance and pay reviews, one financial strategy is re-entering the spotlight – not as a perk for senior executives, but as a practical, tax-smart solution for everyday workers: salary sacrificing.

    According to insights from global recruitment agency Robert Walters, a staggering 64% of professionals would consider salary sacrificing if it were offered. 

    “The mid-year review period presents a strategic opportunity for employers to demonstrate progressive thinking. With strong appetite for salary sacrificing, it’s an initiative all employers should be seriously considering,” said Shay Peters, CEO at Robert Walters Australia and New Zealand. 

    Salary sacrificing can be a mutually beneficial arrangement for both employers and employees. Common salary sacrifice options, such as additional Kiwi Saver contributions or novated leases, are generally cost-neutral for employers. In many cases, the benefits provided through these arrangements are either exempt from Fringe Benefits Tax (FBT) or receive concessional FBT treatment. This includes items primarily used for work (like laptops or phones), and superannuation contributions. 

     
    “As professionals reassess their financial priorities, salary packaging stands out not only as a powerful tool for retention and engagement for employers but also a smart financial choice but for employees.” Peters adds.  

     

     

    What Kiwi Workers Want from Their Pay Packet 

    The Robert Walters research which surveyed over 2,800 people shows: 

    • 23% of professionals would sacrifice part of their salary toward mortgage repayments 

    • 16% would contribute extra to their Kiwi Saver 

    • Others are keen on salary sacrificing for additional annual leave (11%), health and wellbeing (10%) and childcare (3%). 

    “Today’s modern workforce is not just chasing bigger salaries they’re looking for smarter compensation structures,” said Peters. 
    “In a cost-conscious climate, employers that offer flexible, lifestyle-aligned benefits will stand out as true leaders in employee engagement and retention.” 

     

    Employers: Act Now or Risk Losing Talent 

    The threat of attrition is real. Additional Robert Walters data shows that nearly 63% of workers are currently job searching after no or disappointing pay rises so far this year. 

    With New Zealand experiencing a mass talent exodus, its crucial employers think about what else they can offer employees to help with the cost of living.  

    “It’s much cheaper to offer an employee a smarter benefits package than to lose them and start over with recruitment costs, onboarding, and lost productivity,” Peters said. 
    “Salary sacrificing is one of the lowest-cost, highest-impact levers a business can pull, and it needs to be part of every HR manager’s playbook this review season.” 

     

    Rethinking Benefits in the New World of Work 

    As Gen Z increasingly enter the workforce, expectations around employee benefits are shifting. These cohorts place high value on transparency, flexibility, and financial wellbeing. In response, organisations are being challenged to modernise how they communicate and deliver total compensation. 

    Previously underutilised or misunderstood offerings, such as salary sacrifice schemes, are becoming more widely adopted. This is largely due to improvements in digital tools and clearer communication from employers. 

    “Managers must go beyond traditional performance reviews and be equipped to educate their teams on the full scope of their remuneration packages,” said Peters. 
    “This includes providing guidance on salary packaging, mental health resources, flexible work options, and long-term career development.” 

     

     

    Call to Action for Employers 

    Robert Walters is urging employers to: 

    • Integrate salary packaging discussions into mid-year reviews 

    • Provide clear, jargon-free resources for employees 

    • Highlight how salary sacrificing can support individual goals (e.g. home ownership, retirement, or education) 

    • Benchmark what competitors in the market are offering 

     

    Call to action for employees  

    • Ask your employer for information on salary sacrificing options. 

    • Think about which benefits align with your lifestyle and financial goals – whether that’s superannuation, a car, a laptop, or additional leave. 

    • Do your research on what salary packaging benefits are commonly available in your industry or role. 

    • Review your current financial situation to assess what you can afford to salary sacrifice without impacting your day-to-day needs. 

    If you’re considering salary sacrificing, it’s a good idea to talk to a financial adviser or tax professional to make sure it works in your favour when evaluating a salary package or new job opportunity. 

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Govt Policies – Capping rates will accelerate the privatisation of locally owned assets – PSA

    Source: PSA

    The biggest union representing local government workers is calling on the Government to dump its rate cap idea which could spur councils to sell assets to meet rate increase targets.
    “This is simply a populist ploy which should send alarm bells through local communities,” said Fleur Fitzsimons, National Secretary for the Public Service Association Te Pūkenga Here Tikanga Mahi.
    “Nobody likes large rate increases, but this proposal will end up spurring councils to privatise assets to meet rate caps imposed by Wellington. The only winner out of that are corporates, not ratepayers. It’s irresponsible.
    “Rates are the main tool councils have to ensure it can meet the needs of communities for quality facilities and services. Capping rates would see councils forced to make difficult decisions to run down facilities like libraries, sports grounds and pools, and services like local roads.
    “How does that make any sense when many councils already struggle to maintain services and facilities?
    “This idea is hypocritical. On the one hand the Government is giving power back to councils to manage its water infrastructure challenges yet is now wanting to tell councils how to manage its finances through a rate cap. Make up your mind.”
    The Public Service Association Te Pūkenga Here Tikanga Mahi is Aotearoa New Zealand’s largest trade union, representing and supporting more than 95,000 workers across central government, state-owned enterprises, local councils, health boards and community groups.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Simplifying requirements around family trusts

    Source: New Zealand Government

    Associate Justice Minister Nicole McKee says the Government is continuing to cut through unnecessary bureaucracy with reforms to the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act, which will make life easier for hard-working Kiwi families managing property through family trusts.
    “For thousands of New Zealanders, setting up a family trust is part of securing their financial future, especially when it comes to their home. But under the current AML regime, selling a house held in a trust triggers a burdensome level of document verification and compliance checks that has little to do with actual risk,” Mrs McKee says.
    “Families who’ve worked hard, paid off their mortgage, and saved for the future shouldn’t be treated like potential criminals just because they want to move house.
    Take, for example, a couple who’ve spent 15 years in the same home, raising their children and gradually paying off their mortgage. Like many Kiwi families, they’ve placed their home in a Family Trust to help manage and protect their most valuable asset.
    “If they decide to sell, real estate agents are currently required to collect an overwhelming amount of personal and legal information — including the names and addresses of all beneficiaries, even their children, trustees, and lawyers, along with a detailed explanation and documents to prove how the home was paid for.
    “Under the new reforms, a real estate agent can apply simplified customer due diligence if the sale is clearly low risk. That could mean only:

    Confirming the property’s ownership and trustee details match what’s on the certificate of title
    Verifying the couple’s identity documents and their role as trustees
    Retaining a copy of the trust deed.

    “When there’s clearly nothing untoward going on, there’s no need for invasive investigations or repetitive paperwork.”
    The Government has also directed the future AML/CFT supervisor to issue clear guidance so that real estate agents, lawyers, and accountants know exactly how to apply these simplified checks without fear of penalty.
    “These changes are about recognising that not all customers carry the same risk and it’s time our laws reflected that,” Ms McKee says.
    “New Zealanders who play by the rules, work hard, and save for their future should be supported by the system, not tied up in red tape.”
    This is part of a wider programme of reform to make New Zealand’s AML/CFT regime smarter, more proportionate, and focused on genuine risks.

    MIL OSI New Zealand News –

  • MIL-OSI: Latest XRP News: PBKMiner Launches Revolutionary Smart Cloud Mining Contract, Offering Daily XRP Rewards

    Source: GlobeNewswire (MIL-OSI)

    LONDON, UNITED KINGDOM, July 07, 2025 (GLOBE NEWSWIRE) — XRP cloud mining is here – easy, smart, and profitable.

    Cross-border payments XRP has traditionally been seen as a token used by institutions, but now it has entered a new phase with PBK Miner’s latest innovation – user-friendly cloud mining. Participants can mine XRP directly or rely on PBK Miner’s intelligent AI engine to switch between high-yield cryptocurrencies such as BTC, ETH, DOGE, USDC, etc. to optimize their earnings. All earnings are paid daily in your preferred cryptocurrency, ensuring stable returns regardless of market fluctuations.

    Designed for everyday users and professional investors, the solution enables users to earn a stable crypto income anytime, anywhere.

    Visit the PBKMiner website or download the app now.

    PBKMiner XRP Cloud Mining Contract Highlights:

    Daily XRP Rewards: Users can mine XRP directly and receive daily XRP rewards, breaking the reliance on mining hardware and complex setup.

    Support for multiple currencies: In addition to XRP, it also allows mining of multiple cryptocurrencies such as BTC, ETH, DOGE, USDC, etc., providing flexibility and diversified sources of income.

    AI-driven revenue optimization: PBKMiner uses artificial intelligence algorithms to dynamically allocate mining power to maximize users’ mining revenue.

    100% remote access: Users can access via mobile app or web page, without any hardware installation.

    Fund protection: Full principal return upon contract expiration, reducing investment risks.

    PBKMiner provides a variety of contract options to suit users with different budgets:

    10 USD contract – 1 day – earn 0.60 USD per day

    100 USD contract – 2 days – earn 3.50 USD per day

    500 USD contract – 5 days – earn 6.50 USD per day

    5,000 USD contract – 30 days – earn 77.50 USD per day

    30,000 USD contract – 50 days – earn 525.00 USD per day

    Click here to explore more contract options.

    Registration Process

    Users can start mining in three simple steps:

    1.Create an account and receive a $10 welcome bonus.

    1. Choose a suitable contract plan.
    2. Start monitoring your earnings and choose to withdraw them in your preferred token.

     

    About PBKMiner

    Founded in 2019, PBKMiner represents a new generation of AI-driven cloud mining technology, with data, performance, and trust as its pillars. PBKMiner’s innovative cloud mining contracts make it easy for anyone to participate in XRP mining, whether they are new or experienced investors. The platform eliminates the technical barriers of traditional mining through its efficient mechanism, providing a transparent and low-risk stable mining income, especially for investors who seek sustainable long-term returns rather than speculative gains.

    For full details and participation options please visit: https://pbkminer.com

     

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

    The MIL Network –

  • MIL-OSI: Latest XRP News: PBKMiner Launches Revolutionary Smart Cloud Mining Contract, Offering Daily XRP Rewards

    Source: GlobeNewswire (MIL-OSI)

    LONDON, UNITED KINGDOM, July 07, 2025 (GLOBE NEWSWIRE) — XRP cloud mining is here – easy, smart, and profitable.

    Cross-border payments XRP has traditionally been seen as a token used by institutions, but now it has entered a new phase with PBK Miner’s latest innovation – user-friendly cloud mining. Participants can mine XRP directly or rely on PBK Miner’s intelligent AI engine to switch between high-yield cryptocurrencies such as BTC, ETH, DOGE, USDC, etc. to optimize their earnings. All earnings are paid daily in your preferred cryptocurrency, ensuring stable returns regardless of market fluctuations.

    Designed for everyday users and professional investors, the solution enables users to earn a stable crypto income anytime, anywhere.

    Visit the PBKMiner website or download the app now.

    PBKMiner XRP Cloud Mining Contract Highlights:

    Daily XRP Rewards: Users can mine XRP directly and receive daily XRP rewards, breaking the reliance on mining hardware and complex setup.

    Support for multiple currencies: In addition to XRP, it also allows mining of multiple cryptocurrencies such as BTC, ETH, DOGE, USDC, etc., providing flexibility and diversified sources of income.

    AI-driven revenue optimization: PBKMiner uses artificial intelligence algorithms to dynamically allocate mining power to maximize users’ mining revenue.

    100% remote access: Users can access via mobile app or web page, without any hardware installation.

    Fund protection: Full principal return upon contract expiration, reducing investment risks.

    PBKMiner provides a variety of contract options to suit users with different budgets:

    10 USD contract – 1 day – earn 0.60 USD per day

    100 USD contract – 2 days – earn 3.50 USD per day

    500 USD contract – 5 days – earn 6.50 USD per day

    5,000 USD contract – 30 days – earn 77.50 USD per day

    30,000 USD contract – 50 days – earn 525.00 USD per day

    Click here to explore more contract options.

    Registration Process

    Users can start mining in three simple steps:

    1.Create an account and receive a $10 welcome bonus.

    1. Choose a suitable contract plan.
    2. Start monitoring your earnings and choose to withdraw them in your preferred token.

     

    About PBKMiner

    Founded in 2019, PBKMiner represents a new generation of AI-driven cloud mining technology, with data, performance, and trust as its pillars. PBKMiner’s innovative cloud mining contracts make it easy for anyone to participate in XRP mining, whether they are new or experienced investors. The platform eliminates the technical barriers of traditional mining through its efficient mechanism, providing a transparent and low-risk stable mining income, especially for investors who seek sustainable long-term returns rather than speculative gains.

    For full details and participation options please visit: https://pbkminer.com

     

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

    The MIL Network –

  • MIL-OSI Russia: IMF Executive Board Completes the Fourth Review under the Extended Credit Facility Arrangement with Ghana

    Source: IMF – News in Russian

    July 7, 2025

    • The IMF Executive Board today completed the fourth review of Ghana’s 36-month Extended Credit Facility Arrangement. This allows for the immediate disbursement of about US$367 million (SDR 267.5 million).
    • Notwithstanding higher-than-expected growth and significant further improvement in Ghana’s external position last year, program performance deteriorated markedly at end-2024. This reflected pre-election fiscal slippages; inflation above program targets—though recent data point to renewed rapid disinflation; and reforms delays.
    • Faced with a significant deterioration in program performance, the new authorities have responded decisively to secure achievement of the program targets and keep the structural reform agenda on track. Among other important steps, they enacted a strong budget and public financial management reforms; tightened monetary policy; and adjusted electricity prices.

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) today completed the fourth review of the US$3 billion, 36-month Extended Credit Facility (ECF) Arrangement, which was approved by the Board in May 2023. Completion of the fourth ECF review allows for an immediate disbursement of about US$367 million (SDR 267.5 million), bringing Ghana’s total disbursements under the arrangement to about US$2.3 billion.

    Growth in 2024 and the first quarter of 2025 was higher than expected, reflecting robust activity in the mining, agricultural, ICT, manufacturing, and construction sectors. The external sector has seen considerable improvement, driven by solid exports—particularly gold and to a lesser extent oil—and higher remittances. As a result, the accumulation of international reserves has far exceeded the ECF-supported program targets.

    Notwithstanding these achievements, Ghana’s performance under the IMF-supported program deteriorated significantly at end-2024. Preliminary fiscal data point to slippages in the run-up to the 2024 general elections, on account of a large accumulation of payables. Inflation exceeded program targets—though recent data points to renewed rapid disinflation. Several reforms and policy actions were delayed across the fiscal, financial, and energy sectors.

    The new authorities have adopted strong corrective measures to address the fiscal impact of 2024 slippages and ensure the fiscal program remains on track, including achievement of a 1½ percent of GDP fiscal primary surplus in 2025. This will be achieved through additional revenue mobilization and expenditure rationalization—while protecting the vulnerable from the impact of policy adjustment. Several public financial management reforms will ensure alignment of spending commitments to available resources—including by strengthening budget controls and undertaking a comprehensive audit of payables accumulated end-2024.

    Looking ahead, preserving the integrity of the fiscal policy adjustment is predicated on timely and continued efforts to further strengthen revenue administration, bolster public financial management, and improve State-Owned Enterprises (SOEs) management—including by decisively tackling challenges in the energy and cocoa sectors.

    The Bank of Ghana (BoG) has tightened its monetary policy stance to sustain a continued reduction in inflation and has been successful in rebuilding international reserves. The BoG has implemented risk containment measures to support banking system stability. It appropriately intensified monitoring and escalated measures at weak, undercapitalized banks to promote timely recapitalization; strengthen risk management frameworks and practices, including to reduce NPLs; and ensure effective governance. Looking ahead, the authorities are committed to sustaining their efforts to bolster financial stability.  

    Ambitious structural reforms to help create an environment more conducive to private sector investment, and to enhance governance and transparency remain key to boosting the economy’s potential and underpinning sustainable job creation.

    The Ghanaian authorities have also continued to make headway on their public debt restructuring. The Memorandum of Understanding (MoU) with Ghana’s Official Creditors Committee (OCC) under the G20 Common Framework has been signed by all parties, and the focus is now on finalizing the bilateral agreements to implement the MoU. The authorities are also pursuing good-faith efforts toward reaching agreements with other commercial creditors on debt treatments that are in line with program parameters and the comparability of treatment principles.

    Against the backdrop of these policy actions and the progress on debt restructuring, Ghana’s credit rating has been upgraded by key international credit rating agencies.

    Going forward, staying the course of macroeconomic policy adjustment and reforms is essential to fully and durably restore macroeconomic stability and debt sustainability, while fostering a sustainable increase in economic growth and poverty reduction.

    Following the Executive Board discussion on Ghana, Deputy Managing Director Bo Li issued the following statement:

    “Faced with large policy slippages and reform delays at end-2024, the new administration has taken bold corrective actions to maintain the program on track. Combined with ongoing reform efforts and an improved external position, the corrective measures are set to support Ghana in reaching the goals of economic stabilization, rebuilding resilience, and fostering higher and more inclusive growth.

    “The authorities are strongly committed to restoring fiscal discipline and addressing the structural weaknesses that led to the slippages. They have passed a 2025 budget consistent with the program’s objectives and enacted an enhanced fiscal responsibility framework. Looking ahead, staying the course of fiscal adjustment and completing the debt restructuring are key to ensure fiscal sustainability. This should be supported by continued efforts to enhance domestic revenue mobilization and streamline non-priority expenditure, while creating space for development priorities and enhanced social safety nets. Improving tax administration, strengthening expenditure controls, and improving SOEs’ efficiency are of the essence to underpin durable adjustment. In this context, forcefully addressing the challenges in the energy sector and addressing related arrears are critical to contain fiscal risks.

    “The authorities have made significant strides toward rebuilding international reserves and taken steps to bring inflation down. The Bank of Ghana should maintain an appropriately tight monetary stance until inflation returns to its target, reduce its footprint in the foreign exchange market, and allow for greater exchange rate flexibility, including by adopting a formal internal FX intervention policy framework.

    “The authorities have taken intensified actions to address undercapitalized banks. Looking ahead, further strengthening financial sector stability requires fully implementing the plan to strengthen NIB, finalizing the reform strategy to support state-owned banks’ viability and sustainability, and developing contingency plans to address weak banks that fail to recapitalize. Stepped-up efforts to improve the crisis management and resolution framework, enhance financial-sector safety nets, and address legacy issues at the specialized deposit-taking institutions are also important.”

    2023

    2024

    2025

    2026

    2027

    2028

    2029

    2030

    Actual

    Prel.

    Proj.

    Proj.

    Proj.

    Proj.

    Proj.

    Proj.

     

    (annual percentage change, unless otherwise indicated)

    National accounts and prices

    		              

    GDP at constant prices

    3.1

    5.7

    4.0

    4.8

    4.9

    5.0

    5.0

    5.0

    Non-extractive GDP

    3.3

    5.1

    3.6

    4.6

    5.0

    5.0

    5.0

    5.0

    Extractive GDP

    1.7

    9.4

    7.0

    5.9

    4.7

    4.9

    5.0

    5.0

    Real GDP per capita

    1.2

    3.7

    2.1

    2.9

    3.1

    3.2

    3.2

    3.3

    GDP deflator

    40.1

    25.4

    17.0

    7.8

    6.8

    6.9

    7.6

    7.8

    Consumer price index (end of period)

    23.2

    23.8

    12.0

    8.0

    8.0

    8.0

    8.0

    8.0

    Consumer price index (annual average)

    39.2

    22.9

    17.3

    9.3

    8.0

    8.0

    8.0

    8.0

     

    (percent of GDP, unless otherwise indicated)

    Central government budget

    		              

    Revenue

    15.2

    15.9

    15.9

    16.6

    16.8

    16.9

    17.0

    17.0

    Expenditure (commitment basis) 1

    18.5

    23.2

    18.7

    18.7

    18.6

    18.9

    19.2

    19.6

    Overall balance (commitment basis) 1

    -3.4

    -7.3

    -2.8

    -2.1

    -1.8

    -2.0

    -2.2

    -2.6

    Primary balance (commitment basis)

    -0.3

    -3.3

    1.5

    1.5

    1.5

    1.5

    1.5

    1.0

    Non-oil primary balance (commitment basis)

    -1.7

    -5.0

    0.4

    0.4

    0.3

    0.2

    0.1

    -0.4

    Public debt (gross)

    79.1

    70.2

    66.0

    62.3

    59.5

    56.6

    53.8

    51.9

    Domestic debt

    37.1

    33.8

    29.2

    27.5

    26.1

    25.2

    24.1

    23.6

    External debt

    42.0

    36.4

    36.8

    34.8

    33.4

    31.4

    29.7

    28.3

     

    (annual percentage change, unless otherwise indicated)

    Money and credit

    		              

    Credit to the private sector (commercial banks)

    10.7

    26.3

    24.7

    17.0

    16.1

    16.3

    17.0

    19.2

    Broad money (M2+)

    38.7

    31.9

    23.4

    13.0

    12.1

    12.3

    13.0

    16.1

    Velocity (GDP/M2+, end of period)

    3.4

    3.4

    3.4

    3.4

    3.4

    3.4

    3.4

    3.3

    Base money

    29.7

    47.8

    16.2

    -1.1

    12.7

    12.7

    14.8

    9.8

    Policy rate (in percent, end of period)

    30.0

    27.0

    N.A.

    N.A.

    N.A.

    N.A.

    N.A.

    N.A.

     

    (US$ million, unless otherwise indicated)

    External sector

    		              

    Current account balance (percent of GDP)

    -1.6

    1.1

    1.8

    1.4

    1.5

    1.3

    1.1

    0.5

    BOP financing gap 2

    3,364

    13,741

    9,124

    3,659

    0

    0

    0

    0

    IMF

    600

    1,320

    720

    360

    0

    0

    0

    0

    World Bank

    27

    390

    886

    487

    0

    0

    0

    0

    AfDB

    60

    0

    44

    0

    0

    0

    0

    0

    Debt Restructuring Related Flows 2

    2,677

    12,031

    7,474

    2,812

    0

    0

    0

    0

    Gross international reserves (program) 3

    3,661

    6,404

    8,366

    7,926

    9,585

    11,358

    13,614

    14,948

       in months of prospective imports

    1.5

    2.6

    3.3

    3.0

    3.5

    3.9

    4.5

    4.8
                   

    Memorandum items:

    		              

    Nominal GDP (billions of GHc)

    887

    1,176

    1,431

    1,617

    1,812

    2,034

    2,299

    2,602

    Population Growth Rate (percentage) 4

    1.9

    1.9

    1.8

    1.8

    1.8

    1.7

    1.7

    1.7

    Sources: Ghanaian authorities; and Fund staff estimates and projections.

          1 Projections assume full debt restructuring.

    2 Additional financing needed to gradually bring reserves to at least 3 months of imports by 2026. The large 2024-2026 financing gaps result from debt restructuring accounting, with both debt deferral and the nominal value of the debt exchanges included here.

    3 Excludes oil funds, encumbered assets, and pledged assets.

    4 United Nations, World Population Prospects 2022

    Ghana: Selected Economic and Financial Indicators, 2023–30

     

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Kwabena Akuamoah-Boateng

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/07/07/pr-25242-ghana-imf-completes-the-4th-review-under-the-ecf-arrange

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI USA: Extending the Modification of the Reciprocal Tariff Rates

    US Senate News:

    Source: US Whitehouse
    By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), section 604 of the Trade Act of 1974, as amended (19 U.S.C. 2483), and section 301 of title 3, United States Code, I hereby determine and order:
    Section 1.  Background.  In Executive Order 14257 of April 2, 2025 (Regulating Imports With a Reciprocal Tariff To Rectify Trade Practices That Contribute to Large and Persistent Annual United States Goods Trade Deficits), I found that conditions reflected in large and persistent annual U.S. goods trade deficits constitute an unusual and extraordinary threat to the national security and economy of the United States that has its source in whole or substantial part outside the United States.  I declared a national emergency with respect to that threat, and to deal with that threat I imposed additional ad valorem duties that I deemed necessary and appropriate.Section 4(c) of Executive Order 14257 provides that, “[s]hould any trading partner take significant steps to remedy non-reciprocal trade arrangements and align sufficiently with the United States on economic and national security matters, I may further modify the [Harmonized Tariff Schedule of the United States] to decrease or limit in scope the duties imposed under this order.” In Executive Order 14266 of April 9, 2025 (Modifying Reciprocal Tariff Rates To Reflect Trading Partner Retaliation and Alignment), I determined that it was necessary and appropriate to temporarily suspend, for a period of 90 days, application of the additional ad valorem rate of duties for products of the foreign trading partners listed in Annex I to Executive Order 14257, except with respect to the People’s Republic of China (PRC), and to instead impose on articles of all such trading partners an additional ad valorem rate of duty of 10 percent, subject to the terms of Executive Order 14257, as amended.  I made this determination in light of the “sincere intentions” and willingness of these trading partners to address the national and economic security concerns of the United States.  This 90-day suspension expires at 12:01 a.m. eastern daylight time on July 9, 2025.  I have determined, based on additional information and recommendations from various senior officials, including information on the status of discussions with trading partners, that it is necessary and appropriate to extend the suspension effectuated by Executive Order 14266 until 12:01 a.m. eastern daylight time on August 1, 2025.  With respect to the PRC, the separate tariff suspension effectuated by Executive Order 14298 of May 12, 2025 (Modifying Reciprocal Tariff Rates To Reflect Discussions With the People’s Republic of China), remains in effect and is unaltered by this order.
    Sec. 2.  Tariff Modifications.  The Harmonized Tariff Schedule of the United States (HTSUS) shall be modified, effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on July 9, 2025, by suspending headings 9903.01.43 through 9903.01.62 and 9903.01.64 through 9903.01.76, and subdivisions (v)(xiii)(1)-(9) and (11)-(57) of U.S. note 2 to subchapter III of chapter 99 of the HTSUS, until 12:01 a.m. eastern daylight time on August 1, 2025.
    Sec. 3.  Implementation.  The Secretary of Commerce, the Secretary of Homeland Security, and the United States Trade Representative, as applicable, in consultation with the Secretary of State, the Secretary of the Treasury, the Assistant to the President for Economic Policy, the Senior Counselor for Trade and Manufacturing, the Assistant to the President for National Security Affairs, and the Chair of the International Trade Commission, are directed and authorized to take all necessary actions to implement and effectuate this order, consistent with applicable law, including through temporary suspension or amendment of regulations or notices in the Federal Register and by adopting rules, regulations, or guidance, and to employ all powers granted to the President by IEEPA, as may be necessary to implement this order.  Each executive department and agency shall take all appropriate measures within its authority to implement this order.
    Sec. 4.  General Provisions.  (a)  Nothing in this order shall be construed to impair or otherwise affect:(i)   the authority granted by law to an executive department, agency, or the head thereof; or(ii)  the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.(b)  This order shall be implemented consistent with applicable law and subject to the availability of appropriations.(c)  This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.(d)  The costs for publication of this order shall be borne by the Office of the United States Trade Representative.
    DONALD J. TRUMP
    THE WHITE HOUSE,    July 7, 2025.

    MIL OSI USA News –