NewzIntel.com

Category: Economy

  • MIL-OSI USA: Huffman Statement on House Passage of Trump’s Big, Ugly Bill

    Source: United States House of Representatives – Congressman Jared Huffman Representing the 2nd District of California

    July 03, 2025

    Washington, D.C. – Today, U.S. Representative Jared Huffman (CA-02) released the following statement after the House passed President Trump’s Big, Ugly Bill:

    “Republicans just rammed through one of the most shameless betrayals in recent memory: Trump’s Big, Ugly Bill is a full-blown catastrophe for the American people. President Trump promised affordability, and now Americans will pay higher energy bills. Republicans campaigned on energy independence, but they’re giving China the deal of the century. They promised a stronger economy, yet they just kneecapped hundreds of thousands of good-paying jobs. They promised to protect our public lands, and now they’ve auctioned our resources off to polluters and developers,” Rep. Huffman said. 

    “This unconscionable legislation is what it looks like when a government turns its back on the people it vowed to serve. Millions of Americans will have their health care and food assistance taken away. And what’s worse? Republicans are proud of this bill. They’re celebrating a scheme that steals from working families to bankroll billionaire tax breaks and handouts to fossil fuel CEOs,” Huffman said. “Once again, Republicans and President Trump have made their priorities painfully clear: when forced to choose between Americans and their billionaire donors, they’ll betray us and sell us out every time.”

    Although Republicans refused to consider any Democratic amendments to improve their partisan sweetheart deal, Rep. Huffman filed the following amendments to protect working families, safeguard our public lands, and prevent school voucher schemes:

    • Representative Huffman’s amendment #198 would require foreign adversaries, including state-owned companies, pay royalties to mine on U.S. public lands.
    • Representative Huffman’s amendment #215 would only allow coal mining provisions to take effect if federal officials confirm coal is cost-competitive with renewable energy.
    • Representative Huffman’s amendment #224 would remove royalty rate cuts for oil and gas drilling on land and offshore.
    • Representative Huffman’s amendment #230 would strike Arctic Refuge oil and gas leasing provisions and replace them with the Arctic Refuge Protection Act.
    • Representative Huffman’s amendment #244 would strike funding rescission for the National Park Service and Bureau of Land Management.
    • Representative Huffman’s amendment #266 would limit increased logging until mature and old-growth forests on federal lands are conserved and protections are expanded.
    • Representative Huffman’s amendment #459 would ensure the Bureau of Reclamation does not violate or override state law. 
    • Representative Huffman’s amendment #480 would strike Sec. 70411, which provides a tax credit for wealthy donors to contribute to private and religious school voucher programs.

    In California’s Second Congressional District, this bill:

    • Increases average premiums by $3,070 per year for the 41,000 people who receive coverage under the Affordable Care Act
    • Puts 231,738 people who depend on Medicaid at risk of losing their health care
    • Threatens 28,369 households who count on SNAP to put food on the table
    • Takes away 5,130 jobs in clean energy and manufacturing

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    MIL OSI USA News –

  • MIL-OSI Economics: American Clean Power Statement: Final Passage of Congressional Budget Bill

    Source: American Clean Power Association (ACP)

    Headline: American Clean Power Statement: Final Passage of Congressional Budget Bill

    WASHINGTON, D.C., July 3, 2025 –The American Clean Power Association (ACP) issued the following statement from CEO Jason Grumet after the House voted today to concur with the Senate tax and spending bill: 
    “Today’s Congressional action is a dramatic swing in federal policy, disrupting the good faith investments of American companies that are powering our economy and creating hundreds of thousands of jobs. The legislation restricts energy production, raises prices for American businesses and families, and challenges the reliability of our existing electric grid. 
    “While the new policies are a step backward, the combination of surging demand for electric power and economic benefits of renewable energy technologies ensure that clean power will continue to play a significant and growing role in our nation’s energy mix. 
    “America’s electricity demand is projected to surge by as much as 50% by 2040. That growth requires every available source of reliable power, including the clean energy technologies that are the only shovel-ready sources of additional power and the low-cost option across much of the nation. 
    “Our economic and national security requires that we support all forms of American energy. It is time for the brawlers to get out of the way and let the builders get back to work.”  
    FACTS ABOUT CLEAN ENERGY
    The country needs more electricity to power innovation and economic growth.

     U.S. electricity demand will surge by 35-50% between 2024 and 2040. And the current data center pipeline in the U.S. demands upwards of 100 GW of new power.

    Clean energy is a significant and growing part of our energy supply. 

    Utility-scale clean power capacity exceeds 320 GW nationwide — enough to power nearly 80 million American homes.

    Wind and solar alone account for approximately 16% of U.S. electricity generation.

    Last year, the industry invested $80 billion to deploy 49 GW, representing 93% of electricity capacity brought online.

    Looking forward, 95% of projects in line to connect to the grid are wind, solar, and storage. With more than 2,000 GW queued up, there is more than enough to meet the country’s needs.

    These resources support the U.S. economy beyond critical power supply. 

    The industry supports 1.4 million American jobs — 460,000 directly and nearly a million more in supply chains and supporting industries.

    200 existing manufacturing facilities are actively building primary clean power components in local communities across 38 states to supply the booming demand for new energy in America.

    The clean power manufacturing sector currently contributes $18 billion to U.S. GDP annually, spurs $33 billion in domestic spending annually, and supports 122,000 American jobs across the country.

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    MIL OSI Economics –

  • MIL-OSI Africa: Morocco, Guatemala’s Foreign Ministers (FMs) Hail Outstanding Bilateral Ties Marked by ‘Very Positive’ Dynamic

    Source: APO


    .

    Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Mr. Nasser Bourita, and the Minister of Foreign Affairs of the Republic of Guatemala, Mr. Carlos Ramiro Martínez Alvarado hailed the outstanding Morocco–Guatemala relations, which are marked by a very positive dynamic, on Thursday in Rabat.

    At the end of their meeting, the two ministers highlighted the excellent ties of friendship and solidarity uniting the two nations and agreed on the need to continue these exchanges and to take stock of bilateral relations to bolster them.

    They also underscored that international law is fundamentally based on respect for territorial integrity, state sovereignty, and the fulfillment of obligations under treaties and other sources of international law.

    Furthermore, the two ministers exchanged views on regional and international issues, particularly the situation in Africa, Latin America, and the Middle East.

    They also expressed their shared willingness to continue strengthening the bilateral legal framework to address areas of common interest for cooperation.

    To this end, Ministers Mr. Bourita and Alvarado welcomed the signing of the Morocco–Guatemala Cooperation Roadmap for 2025–2027, as well as a Memorandum of Understanding in academic and diplomatic cooperation between the Moroccan Institute for Training, Research, and Diplomatic Studies and the Diplomatic Academy of Guatemala.

    They also emphasized that multilateral cooperation remains essential to intensify efforts in areas of shared interest such as trade, food security, sustainable development—including access to energy, water and food, fuels and fertilizers—as well as climate change mitigation and adaptation, education, health, pandemic prevention and response, and the fight against terrorism and transnational crime, which are sources of insecurity and corruption.

    The ministers also discussed the importance of implementing the SDGs in an integrated and holistic manner, particularly with the goal of eradicating poverty and combating climate change, while promoting sustainable land use and water management.

    Concerning migration, which both countries face, Morocco and Guatemala commended the efforts made in this area, particularly within the framework of the Marrakech Pact, the Rabat Process, and the Los Angeles Declaration, reiterating their shared commitment to dynamic mobility that enables a safe, smooth, and orderly movement of people.

    On the economic front, both countries highlighted the importance of launching projects aimed at decarbonizing the economy, which offers great potential for investors, especially in the field of renewable energy.

    Distributed by APO Group on behalf of Kingdom of Morocco – Ministry of Foreign Affairs, African Cooperation and Moroccan Expatriates.

    MIL OSI Africa –

  • MIL-OSI Africa: National Revenue Authority Board Pays Courtesy Call on Sierra Leone’s President Julius Maada Bio, Updates on Revenue Mobilization Efforts

    Source: APO


    .

    His Excellency President Julius Maada Bio today received members of the Board of the National Revenue Authority (NRA) at State House, where the delegation briefed him on the authority’s ongoing activities and performance.

    Board Chairman Mr. Kabineh Kallon, in his opening remarks, expressed gratitude to President Bio for granting them audience and congratulated him on his recent election as Chairman of the Authority of ECOWAS Heads of State and Government. He noted that the visit was to update the President on the NRA’s work, acknowledging that despite the numerous challenges faced by the authority, it has remained committed to mobilizing revenue for the State.

    Commissioner-General Madam Jeneba Kamara reaffirmed the NRA’s commitment to fulfilling its mandate. She acknowledged the operational challenges but assured the President that the authority is working diligently to enhance revenue collection and improve compliance across the board.

    In his response, President Bio welcomed the NRA delegation and expressed appreciation for the briefing. He emphasized the critical importance of the NRA’s work to the country’s development.

    “Your sole mandate is to mobilize revenue for the State. The State can only function effectively when it has the resources to do so,” the President stated. He described the NRA as the “breadbasket of the nation” and urged the Board to remain vigilant and proactive in generating income that can be used to finance national development priorities.

    Board member Madam Memuna Rogers, also addressed the meeting, highlighting the progress and initiatives made in maximizing revenue mobilization. She further explained that the NRA had instituted enhanced compliance measures to encourage taxpayers to meet their obligations, a move that will be critical in meeting next year’s revenue targets.

    The visit reaffirmed the NRA’s commitment to supporting national development through consistent and improved revenue generation.

    Distributed by APO Group on behalf of State House Sierra Leone.

    MIL OSI Africa –

  • MIL-OSI USA: Rep. Gabe Vasquez Statement on How Republicans’ Big, Ugly Bill Hurts New Mexico

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

    WASHINGTON, D.C. – Today, U.S. Representative Gabe Vasquez (NM-02) issued the following statement in response to the passage of the Republican reconciliation bill, which slashes programs that support working families, children, seniors, and rural communities across New Mexico in order to pay for tax cuts for billionaires.

    “Republicans just chose to pass a bill that will make life harder and more expensive for the American people. They chose the billionaire class over the working class. The pain this will cause will echo for generations,” said Vasquez. “When millions lose their health care, local hospitals close, utility bills skyrocket, and kids are left hungry, New Mexicans will remember today as the day Republicans sold them out to billionaires.”

    What this bill means for NM-02:

    • Over 110,000 New Mexicans at Risk of Losing Health Care : This Republican bill will cut support for Medicaid, jeopardizing benefits for more than 110,000 patients across New Mexico – 40,000 of those in Rep. Vasquez’s district.
    • Eight Rural Hospitals Serving Residents of NM-02 at Risk of Closing: Carlsbad Medical Center, Socorro General Hospital, Mimbres Memorial Hospital, Covenant Health Hobbs Hospital, Lincoln County Medical Center, and three other nearby hospitals that serve residents of Rep. Vasquez’s district are at risk of having to reduce services or close their doors completely due to health care provisions in the Big Ugly Bill. Expectant mothers in Hatch will go without critical prenatal support, grandparents in Silver City will lose access to long-term care, and kids in Hobbs will need to travel farther for emergency surgeries.
    • More Kids Will Go Hungry: Republicans have chosen to slash $180 billion from SNAP and nutrition assistance benefits, meaning over 175,000 New Mexicans could lose access to vital food assistance programs as a result.
    • Utility Bills to Soar by 25% Annually: The cuts to clean energy tax credits imposed by this bill could force New Mexicans to pay more than $500 more per year to keep the lights on. 
    • Supporters of the bill say it will usher America into an age of fiscal responsibility, but it won’t. It will increase the national debt by as much as $5 trillion dollars to fund tax cuts to the wealthy.

    Additional Republican priorities at the expense of New Mexicans’ health care: 

    • Special tax exemptions for whaling-boat captains
    • Tax exemptions to purchase firearm silencers
    • Spending $85 million for a pet project to move Space Shuttle Discovery to Texas
    • An unreasonable tax increase for poker players, legal sports bettors, and casino patrons 
    • Rescinds tax credit for lowering air pollution near schools 

    As a first-generation Mexican-American who was raised along the border, Rep. Vasquez knows firsthand how these cuts will make life harder for working class people across New Mexico as they try to make ends meet each month. He will continue to advocate for a fair economy and government that works for everyone — not just the ultra-wealthy.

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    MIL OSI USA News –

  • MIL-OSI USA: Rep. Gabe Vasquez Statement on How Republicans’ Big, Ugly Bill Hurts New Mexico

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

    WASHINGTON, D.C. – Today, U.S. Representative Gabe Vasquez (NM-02) issued the following statement in response to the passage of the Republican reconciliation bill, which slashes programs that support working families, children, seniors, and rural communities across New Mexico in order to pay for tax cuts for billionaires.

    “Republicans just chose to pass a bill that will make life harder and more expensive for the American people. They chose the billionaire class over the working class. The pain this will cause will echo for generations,” said Vasquez. “When millions lose their health care, local hospitals close, utility bills skyrocket, and kids are left hungry, New Mexicans will remember today as the day Republicans sold them out to billionaires.”

    What this bill means for NM-02:

    • Over 110,000 New Mexicans at Risk of Losing Health Care : This Republican bill will cut support for Medicaid, jeopardizing benefits for more than 110,000 patients across New Mexico – 40,000 of those in Rep. Vasquez’s district.
    • Eight Rural Hospitals Serving Residents of NM-02 at Risk of Closing: Carlsbad Medical Center, Socorro General Hospital, Mimbres Memorial Hospital, Covenant Health Hobbs Hospital, Lincoln County Medical Center, and three other nearby hospitals that serve residents of Rep. Vasquez’s district are at risk of having to reduce services or close their doors completely due to health care provisions in the Big Ugly Bill. Expectant mothers in Hatch will go without critical prenatal support, grandparents in Silver City will lose access to long-term care, and kids in Hobbs will need to travel farther for emergency surgeries.
    • More Kids Will Go Hungry: Republicans have chosen to slash $180 billion from SNAP and nutrition assistance benefits, meaning over 175,000 New Mexicans could lose access to vital food assistance programs as a result.
    • Utility Bills to Soar by 25% Annually: The cuts to clean energy tax credits imposed by this bill could force New Mexicans to pay more than $500 more per year to keep the lights on. 
    • Supporters of the bill say it will usher America into an age of fiscal responsibility, but it won’t. It will increase the national debt by as much as $5 trillion dollars to fund tax cuts to the wealthy.

    Additional Republican priorities at the expense of New Mexicans’ health care: 

    • Special tax exemptions for whaling-boat captains
    • Tax exemptions to purchase firearm silencers
    • Spending $85 million for a pet project to move Space Shuttle Discovery to Texas
    • An unreasonable tax increase for poker players, legal sports bettors, and casino patrons 
    • Rescinds tax credit for lowering air pollution near schools 

    As a first-generation Mexican-American who was raised along the border, Rep. Vasquez knows firsthand how these cuts will make life harder for working class people across New Mexico as they try to make ends meet each month. He will continue to advocate for a fair economy and government that works for everyone — not just the ultra-wealthy.

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    MIL OSI USA News –

  • MIL-OSI USA: Pfluger’s Bill to Unlock Domestic LNG Potential Advanced by House Energy and Commerce Committee

    Source: United States House of Representatives – Congressman August Pfluger (TX-11)

    Read his remarks as prepared for delivery below:

    Section 3 of the Natural Gas Act requires that natural gas exports to countries that have a free-trade agreement with the US be approved without delay. For countries that do not have a free-trade agreement with the US, the Energy Secretary is required to approve export requests unless they find such exports “will not be consistent with the public interest.” Therefore, the Natural Gas Act includes a rebuttable presumption in favor of authorizing U.S. LNG exports.

    In early 2024, after succumbing to political pressure from environmental activists, the Biden-Harris administration announced an indefinite ban on issuing export permits to non-free trade agreement (FTA) countries while it reviewed the climate impacts of U.S.LNG.

    During this ban, Russia overtook the US as the lead gas supplier to Europe, long-term American contracts were jeopardized, and global buyers were forced to look towards less clean sources.

    Thankfully, the Trump Administration quickly reversed this ban, and just last month, DOE issued its first final LNG export approval. My legislation, theUnlocking OurDomesticLNGPotential Act would ensure a ban is never placed on US LNG exports again.

    By removing DOE from the process, export restrictions would be repealed, and LNG exports would have equal treatment with other commodities.

    LNG exports unequivocally benefit our economy and domestic prices. Congress must act to remove the politics from energy exports, just as this Committee did when it lifted the crude oil export ban.

    The IEA expects global gas demand to reach record highs in the coming years, underscoring the need for new LNG supply. It must be the United States, not Iran or Russia, who meets that demand and supplies affordable, clean, and abundant LNG to the world.

    Iran is one of only four countries with substantial proven natural gas reserves. The conflict in the Middle East, instigated by Iran’s actions over the last two years, reminds us of the geopolitical risks posed when adversarial regimes control critical energy supplies. At a time when Iran seeks to leverage its resources for strategic influence in direct opposition to US interests, American LNG must fill the gap in the global market. Our allies and trading partners should not be dependent on nefarious actors that use energy revenues to fund terrorism. US LNG offers not only energy security but also geopolitical stability, reliability, and cleaner alternatives for buyers around the world.

    I urge my colleagues to support H.R. 1949, and I yield back.

    MIL OSI USA News –

  • MIL-OSI USA: Pfluger’s Bill to Unlock Domestic LNG Potential Advanced by House Energy and Commerce Committee

    Source: United States House of Representatives – Congressman August Pfluger (TX-11)

    Read his remarks as prepared for delivery below:

    Section 3 of the Natural Gas Act requires that natural gas exports to countries that have a free-trade agreement with the US be approved without delay. For countries that do not have a free-trade agreement with the US, the Energy Secretary is required to approve export requests unless they find such exports “will not be consistent with the public interest.” Therefore, the Natural Gas Act includes a rebuttable presumption in favor of authorizing U.S. LNG exports.

    In early 2024, after succumbing to political pressure from environmental activists, the Biden-Harris administration announced an indefinite ban on issuing export permits to non-free trade agreement (FTA) countries while it reviewed the climate impacts of U.S.LNG.

    During this ban, Russia overtook the US as the lead gas supplier to Europe, long-term American contracts were jeopardized, and global buyers were forced to look towards less clean sources.

    Thankfully, the Trump Administration quickly reversed this ban, and just last month, DOE issued its first final LNG export approval. My legislation, theUnlocking OurDomesticLNGPotential Act would ensure a ban is never placed on US LNG exports again.

    By removing DOE from the process, export restrictions would be repealed, and LNG exports would have equal treatment with other commodities.

    LNG exports unequivocally benefit our economy and domestic prices. Congress must act to remove the politics from energy exports, just as this Committee did when it lifted the crude oil export ban.

    The IEA expects global gas demand to reach record highs in the coming years, underscoring the need for new LNG supply. It must be the United States, not Iran or Russia, who meets that demand and supplies affordable, clean, and abundant LNG to the world.

    Iran is one of only four countries with substantial proven natural gas reserves. The conflict in the Middle East, instigated by Iran’s actions over the last two years, reminds us of the geopolitical risks posed when adversarial regimes control critical energy supplies. At a time when Iran seeks to leverage its resources for strategic influence in direct opposition to US interests, American LNG must fill the gap in the global market. Our allies and trading partners should not be dependent on nefarious actors that use energy revenues to fund terrorism. US LNG offers not only energy security but also geopolitical stability, reliability, and cleaner alternatives for buyers around the world.

    I urge my colleagues to support H.R. 1949, and I yield back.

    MIL OSI USA News –

  • MIL-OSI USA: John James Issues Statement Following Passage of One Big Beautiful Bill

    Source: United States House of Representatives – Congressman John James (Michigan 10th District)

    John James Issues Statement Following Passage of One Big Beautiful Bill

    WASHINGTON, D.C., July 3, 2025

    WASHINGTON, D.C. – Today, Congressman John James (MI-10) issued the following statement after voting in support of H.R.1, the One Big Beautiful Bill Act:

    “Today I voted yes on the One Big Beautiful Bill — because it delivers on the promises President Trump and Republicans made in 2024.

    We’re cutting taxes on tips and overtime, protecting Social Security, rebuilding American manufacturing, and putting an end to handouts for illegal immigrants and able-bodied adults who won’t work.

    This bill secures our border, strengthens our economy, and keeps our word to the American people. It’s simple: America first. Always.”
                                                                                                              ###

    MIL OSI USA News –

  • MIL-OSI USA: Rep. Becca Balint on Passage of Devastating Republican Tax and Spending Bill

    Source: United States House of Representatives – Congresswoman Becca Balint (VT-AL)

    Washington, D.C. – Rep. Becca Balint (VT-AL) released the following statement on the passage of the Republican tax and spending bill that guts Medicaid, food assistance and other critical programs that Americans rely on. The Republican budget includes over $800 billion in cuts that will decimate Medicaid and the Affordable Care Act. These cuts put rural hospitals at risk of immediate closure. It will kick nearly 17 million Americans off their health insurance and throw at least 4 million people off food assistance, all to bankroll tax breaks for billionaires and massive corporations. All Democrats voted no.

    “This Republican budget is far and away the cruelest piece of legislation I’ve seen in my career. It’s an utter moral failure,” saidRep. Becca Balint. “This bill will leave people without food, without healthcare, without options to keep their families afloat. That’s the painful reality of this bill. It comes after the poorest among us to give to the richest, while Americans are already struggling to put food on the table, afford medications, and pay rent in an economy rigged against working people.” 

    “I’m horrified to see the Republican party almost unanimously support propping up billionaires at the expense of their own communities. It’s sickening and speaks to their vision for America. But I’m not giving up hope. It’s going to take all of us fighting together to work to reverse some of the worst policies passed today.”

    Republicans’ reckless tax and spending bill will:

    • Add over $3.9 trillion to the national debt, a $1 trillion increase over the House-passed bill.
    • Kick nearly 20 million people off their health insurance and increase health care insurance costs for everyone.
      • Medicaid is the largest single-payer of maternity care in the United States, covering an estimated 40% of births. One in five women, and nearly half the country’s children, are covered by Medicaid. 
    • Defund Planned Parenthood. The bill prohibits health clinics from accepting Medicaid funds for family planning and reproductive health care services if they provide abortions. The destruction of Planned Parenthood’s critical family planning and reproductive health care clinics will cost taxpayers $52 million, according to the Congressional Budget Office, and close 200 clinics. 
    • Cut to nutritional assistance jeopardizing SNAP for 40 million people including 16 million children, 8 million seniors, 4 million people with disabilities and 1.2 million veterans.   
      • Block future increases to the Thrifty Food Plan, which determines SNAP benefits.
    • Increases household energy costs by an average of $400 and will lead to millions of jobs lost and $197 billion in lost wages.
    • Cut clean energy incentives and add a tax to wind and solar energy. 
    • Spend more than $150 billion in funding for Trump’s cruel immigration enforcement agenda which breaks down our legal immigration system, deports people without due process and has turned its back on asylum seekers and refugees.

    Rep. Becca Balint is a member of the House Budget Committee. Throughout the budget process, Rep. Balint has offered amendments to protect Social Security and reduce health insurance costs. Her amendments to prevent the House of Representatives from considering legislation that would cut Social Security benefits, increase the retirement age, or privatize Social Security were all rejected by Republicans in the House Budget and Rules Committees. This week, Rep. Balint filed amendments to: 

    • Prohibit funding for Immigration and Customs Enforcement (ICE) to detain individuals on the basis of their protected speech, 
    • Stop cuts to Medicaid funding that would close rural hospitals and community health centers,
    • Increase funding for the Rural Hospital Transformation Program to $100 billion to keep hospital doors open,  
    • Remove red tape and protect access to care for individuals seeking substance use treatment or mental health care. 

    MIL OSI USA News –

  • MIL-OSI USA: Garbarino Issues Statement on Final Passage of the One Big Beautiful Bill Act

    Source: United States House of Representatives – Representative Andrew Garbarino (R-NY)

    WASHINGTON, D.C. – Congressman Andrew Garbarino (R‑NY‑02) issued the following statement after the House passed the One Big Beautiful Bill Act by a vote of 218–214, advancing the legislation to the President’s desk for his signature:

    “The One Big Beautiful Bill will provide much needed tax relief, safeguard essential programs, and strengthen our national security.

    “For nearly a decade, middle-class New Yorkers have borne the brunt of unfair double taxation. When Democrats had full control of Washington they failed to deliver a single dollar of SALT relief. After a hard-fought battle and months of negotiations, I’m proud to say that Republicans have quadrupled the SALT deduction cap to $40,000. This compromise will allow the vast majority of my constituents to deduct the full amount of their state and local taxes and provide much needed financial relief to hardworking Americans.

    “This bill also holds the line against higher taxes for working families by permanently locking in the 2017 tax cuts. It delivers on promises to address tax on tips, overtime pay, and car loan interest. It lifts up small businesses and strengthens SNAP and Medicaid to ensure these programs remain sustainable for generations to come and focused squarely on serving the vulnerable populations they were designed to help. Despite false claims to the contrary, this bill does not cut Medicaid benefits for pregnant women, children, seniors, people with disabilities, or low-income families. These targeted reforms are designed to protect benefits for those who truly need them while eliminating waste, fraud, and abuse that threaten the program long term.

    “At the same time, I remain concerned about the potential impact on New York State’s Essential Plan, but I am actively pursuing a fix that would ensure our state is not harmed by these provisions in the coming year. Continued access to affordable quality health care is a top priority.

    “Just as access to care must be protected, so too must the long-term stability of our energy supply. The future of American energy independence hinges on an all-of-the-above energy strategy. While some wanted a full repeal of key clean energy provisions, we fought back and secured language that will help preserve jobs, keep critical energy projects moving forward, and work to ensure American families and businesses have reliable access to power without the threat of blackouts or brownouts. This approach lays the groundwork to expand manufacturing and promote the development of AI and data centers across the United States. We didn’t get everything we wanted, but we got what we needed to make progress, and there will be more legislation to come that builds on these victories and addresses the remaining challenges.

    “In addition to domestic policy reforms, we are making a landmark investment in border security, public safety, and national defense at a time of escalating threats from hostile nation-states, transnational criminal groups, and terrorist actors targeting the United States. With the passage of this bill, Congress is delivering new resources and personnel to the border, building the wall, and modernizing our military to meet the challenges of today.

    “Lastly but importantly, this bill raises the debt ceiling to prevent default and protect the full faith and credit of the United States. Avoiding default is essential to maintaining economic stability, safeguarding retirement accounts, and ensuring continued support for our military and core government functions.

    “While not perfect, this bill includes real wins for Long Island and for the American people. I was proud to cast my ‘Yes’ vote to pass the One Big Beautiful Bill and send this critical legislation to the President’s desk.”

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    MIL OSI USA News –

  • MIL-OSI USA: Congressman Pat Fallon Statement on Passage of the Big Beautiful Bill

    Source: United States House of Representatives – Congressman Pat Fallon (TX-04)

    Congressman Pat Fallon Statement on Passage of the Big Beautiful Bill

    Washington, July 3, 2025

    WASHINGTON, DC — On the final passage of the Big Beautiful Bill, Representative Pat Fallon (TX-04) commented: 

    “I’m proud to vote to pass the One Big Beautiful Bill today and advance the America First agenda that the American people chose last November. By extending President Trump’s 2017 tax cuts for working families and businesses, the American economy now has the increased certainty it needs to continue to grow.”

    Rep. Fallon continued, “With the bill’s dramatic increase in funding for Border Patrol and ICE, federal law enforcement now has the resources needed to fully secure our borders and continue to deport criminal illegal aliens. And with the bill’s huge investment in national defense, we can better deter China in the Indo-Pacific, restore our domestic defense industrial base, and move forward with President Trump’s Golden Dome missile defense plan. These are all tremendous wins for hardworking Americans, our military, and US national security.”

    MIL OSI USA News –

  • Aadhaar authentication hits 230 crore in June, face scans surge to all-time high

    Source: Government of India

    Source: Government of India (4)

    Aadhaar authentication transactions surged to nearly 230 crore in June 2025, marking a 7.8 percent year-on-year increase, according to data released by the Unique Identification Authority of India (UIDAI).

    A total of 229.33 crore transactions were recorded during the month, surpassing both May 2025 and June 2024, highlighting the expanding footprint of Aadhaar in India’s digital ecosystem.

    With this, the cumulative Aadhaar authentication transactions since inception have crossed 15,452 crore, underscoring its central role in welfare delivery and access to services across sectors.

    The AI/ML-powered Face Authentication solution, developed in-house by UIDAI, also hit a record 15.87 crore transactions in June — a more than threefold jump from 4.61 crore a year ago. Since its launch, the face authentication modality has been used nearly 175 crore times.

    UIDAI said the face authentication tool, compatible with both Android and iOS devices, is being adopted by over 100 government and private entities — including ministries, financial institutions, oil marketing companies, and telecom operators — for seamless identity verification and service delivery.

    The month also saw over 39.47 crore Aadhaar e-KYC transactions, reaffirming its importance in streamlining customer onboarding and enhancing the ease of doing business, particularly in the banking and NBFC sectors.

  • MIL-OSI USA: Nadler Statement on Opposing Trump’s “Big Ugly Bill” and Its Cruel Betrayal of New Yorkers

    Source: United States House of Representatives – Congressman Jerrold Nadler (10th District of New York)

    WASHINGTON, DC — This afternoon, after Republicans tried to hide the cruelty of their agenda by debating the bill in the dead of night, I proudly cast my vote against Donald Trump’s Big Ugly Bill—because no one should be forced to lose health care, go hungry, or see their child priced out of college in order to fund permanent tax cuts for Republican donors and the ultra-wealthy.

    This bill is a historic betrayal of working Americans. It delivers the largest transfer of wealth from low-income families to the ultra-rich in our nation’s history, slashing incomes for the bottom sixty percent of earners while adding $4 trillion to the deficit, the largest increase ever passed by Congress. Republicans claim this was their only chance to extend tax cuts for the middle class. That’s false. They could have done it without gutting health care and food aid, and without adding to the deficit, if they had the courage to ask billionaires to pay their fair share.

    It strips health care from over 17 million people, including 1.5 million New Yorkers, as part of $1 trillion in Medicaid cuts nationwide. In New York alone, hospitals are projected to lose over $8 billion in funding, forcing closures, service reductions, and the elimination of programs for children, seniors, and people with chronic illnesses. Nursing homes and community health centers face similar threats. The bill also attacks reproductive freedom by blocking Medicaid patients from accessing care at Planned Parenthood health centers, cutting off cancer screenings, contraception, STI testing, and preventive care for millions who have nowhere else to turn. It also functions as a backdoor abortion ban, threatening to shut down one in four abortion providers nationwide. By some estimates, it could also result in more than $500 billion in cuts to Medicare.

    It slashes $2.1 billion a year from New York State and local governments by shifting SNAP costs onto them, gutting food aid for 300,000 households across our state. Families already struggling to afford groceries will see their benefits cut by an average of $220 per month, slashing support to less than $5 per day. One in seven New Yorkers relies on SNAP. And by stripping that funding, the bill threatens access to free and reduced-price school meals, forcing more children to learn on an empty stomach.

    It doesn’t stop there. The bill ends Pell Grants for 1.4 million students, eliminates income-driven repayment, and caps student borrowing, effectively slamming the door on higher education for students who can’t pay upfront. Medicaid cuts will also force states to raid education budgets just to keep health systems afloat. Campuses will close. Students will drop out. Our country needs more nurses, teachers, and engineers, not fewer. But this bill will shrink our skilled workforce and leave the U.S. less competitive in the global economy.

    It also decimates our clean energy economy, tearing up solar and wind projects, repealing tax credits, and eliminating key climate protections. It hands public lands back to Big Oil and halts progress toward energy independence. Experts warn it could cost 840,000 clean energy jobs in just five years. And families will pay the price. In New York alone, household energy bills will rise by $1.3 billion annually by 2030, $2.5 billion by 2035, and $12 billion over the life of the bill.

    Meanwhile, Republicans are spending $170 billion to ramp up family detention, mass deportations, and border militarization, giving ICE a bigger budget than the entire Canadian military. It’s unconscionable to spend billions expanding ICE’s surveillance and detention machine while slashing school lunches for children and ripping Medicaid away from cancer patients.

    Even the few crumbs Republicans offered to working families, like temporary SALT relief and short-term tax breaks on tips and overtime, expire after just four years. Yet the tax cuts for billionaires are permanent. Republicans continue to tout these short-term provisions as evidence they’re helping the middle class, but every so-called benefit for working Americans disappears quickly, while every giveaway to the ultra-wealthy is forever. And here’s the kicker: if Republicans had done nothing at all, the SALT cap would have expired this December. Instead, they passed a bill that leaves New Yorkers worse off.

    For months, I’ve been fighting this bill and listening to New Yorkers and people across the country who will suffer because of it. And behind these numbers are real lives. Patricia, 83 years old, lives in poverty in New York and relies on Medicaid just to get to her doctor. She told me, “I have no transportation other than help from Medicaid. I also live on only my Social Security and SNAP. If I lose this precious help, I will be homeless and surely die.” That’s the real cost of these cuts. I think of the father who told me he may have to sell his house to afford chemo for his child. I think of the senior who rationed insulin last winter to keep the heat on. This awful bill makes the rich richer and leaves everyone else behind.

    And to my Republican colleagues: come November 2026, you’ll have to answer for this vote. You’ll have to explain to the families who lost their health care, to the parents who lost child care, and to the students who lost their futures why you turned your backs when they needed you most. Because when hospitals close, when grocery bills spike, when classrooms empty and jobs disappear, your constituents will remember exactly who was responsible.

    I voted no because I came to Congress to fight for the people I serve, not to sell them out to further enrich the ultra-wealthy. And I will do everything in my power to shield New Yorkers from the harm this bill threatens to unleash, from pushing back against these cuts to working with local leaders to protect access to health care, food, education, and opportunity. New Yorkers deserve better. The American people deserve better. And I will never stop fighting to deliver for them.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Castro Statement on House Passage of The Big Ugly Bill

    Source: United States House of Representatives – Congressman Joaquin Castro (20th District of Texas)

    July 03, 2025

    WASHINGTON, D.C — Today, Congressman Castro (TX-20) released the following statement on the House Passage of The Big Ugly Bill:

    “This Republican bill represents the biggest wealth transfer from the working class to the wealthiest among us in our nation’s history—and it will set up hard working families to suffer now and for generations to come. It is cruel and immoral.

    “In my state alone, this bill will strip healthcare from 1.6 million Texans. Countless families will be forced to choose between getting medical care and falling into poverty. Lives will be lost. More of our neighbors will go to bed hungry, including veterans, parents, grandparents, and children. Many students will lose the financial aid they counted on to finish college. As the deficit explodes, families will pay more for groceries, energy bills, and housing. And so much more.

    “It is a dark day for America. But we will fight back. People have raised the alarm—speaking out to family, friends, and elected officials. Their efforts have not been in vain, rather they have changed the conversation in this country and demonstrated what democracy looks like.”

    MIL OSI USA News –

  • MIL-OSI USA: Rutherford Statement on House Passage of the One Big Beautiful Bill

    Source: United States House of Representatives – Congressman John Rutherford (4th District of Florida)

    WASHINGTON, D.C. – On Thursday, U.S. Congressman John H. Rutherford (FL-05) released the following statement on the House passage of the One Big Beautiful Bill Act:

    “The One Big Beautiful Bill Act will give Americans a much-needed tax break and refocus our country on delivering on the promises made by President Trump for the American people like permanently closing the Southern Border, boosting our economy, offering historic tax relief for seniors, and revolutionizing our national security. This legislation also strengthens Medicaid solvency by rooting out waste, fraud, and abuse to help vulnerable Americans who need it most.

    “Contrary to what you may have heard, this is not a huge deficit bill. In fact, the Congressional Budget Office (CBO) has scored this bill incorrectly, just as they did in 2017 by underestimating revenues from the Tax Cuts and Jobs Act by over $100 billion. They were wrong then, so why would we trust them now?

    “It’s time to get our country back on track. That’s why I was proud to pass this historic legislation.”

    The bill includes Rutherford’s priorities to:

    • Boost our economy

    • Make President Trump’s tax cuts permanent

    • Focus resources on permanently closing the Southern Border

    • Provide funding to small, rural, and Medicare-dependent hospitals, rural health clinics, community mental health centers, opioid treatment programs, and more

    • Strengthen Medicaid solvency for those who truly need it

    • Incentivize Made-In-America cars and manufacturing

    • End taxes on tips and overtime pay

    • Slash taxes on Social Security, offering historic tax relief to seniors

    • Increase the Child Tax Credit

    • Secure more than a trillion dollars in mandatory savings

    • Cap SALT deductions

    • Modernize America’s Air Traffic Control systems to ensure safe and efficient air travel

    • Unleash American energy dominance

    • Cut Green New Deal policies

    • Revolutionize national security and America’s maritime dominance

    MIL OSI USA News –

  • MIL-OSI USA: Padilla, Schiff, Colleagues Demand Accountability for President Trump’s Discriminatory Travel Ban

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    Padilla, Schiff, Colleagues Demand Accountability for President Trump’s Discriminatory Travel Ban

    Lawmakers: “We write to express our strong opposition to President Trump’s recent decision to issue a sweeping travel ban that will deny entry to thousands of individuals from 19 different countries.”
    WASHINGTON, D.C. — U.S. Senators Alex Padilla, Ranking Member of the Senate Judiciary Immigration Subcommittee, and Adam Schiff (both D-Calif.) joined 68 Democratic lawmakers in urging President Trump to rescind his discriminatory travel ban that will keep families apart and devastate the U.S. economy. The members demanded transparency into President Trump’s decision-making process and answers about how the travel ban will impact communities across the United States.  
    In a letter addressed to President Trump, Secretary of Homeland Security Kristi Noem, Secretary of State Marco Rubio, and Attorney General Pam Bondi, the lawmakers outlined the disastrous consequences that President Trump’s travel ban will have on families and the American economy. U.S. Senator Chris Coons (D-Del.) and Representative Judy Chu (D-Calif.-28) led the letter.
    “The effects of President Trump’s discriminatory travel ban will be devastating. In the last year alone over 126,000 visas have been issued to nationals from just the twelve countries on the fully restricted list. These are individuals who are looking to come to the United States to reunite with family, support our economy, or otherwise enrich our country in innumerable ways,” wrote the lawmakers.
    During his first term, President Trump enacted extreme travel bans that disrupted thousands of lives and weakened our nation’s economy and global standing. On his first day in office, President Joe Biden rescinded these bans, but President Trump enacted another sweeping, discriminatory travel ban last month.
    President Trump is imposing full restrictions on entry into the United States from nationals of Afghanistan, Chad, Republic of Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Myanmar, Somalia, Sudan, and Yemen, as well as partial restrictions on entry from nationals of Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan, and Venezuela — meaning individuals from these countries cannot come to the United States permanently or apply for certain visas. President Trump is also reportedly considering imposing travel restrictions on an additional 36 countries.
    “President Trump’s actions once again disgrace the founding principles of our nation and enshrine cruelty into our immigration system,” continued the lawmakers. “Additionally, this travel ban will harm our economy by depriving the United States of workers in key fields experiencing labor shortages like medicine and agriculture and further devastating our domestic tourism industry which is already expected to decline by $12.5 billion in 2025.”
    The members demanded accountability and answers from the Trump Administration, pushing the President to immediately rescind his cruel travel ban.
    Senator Padilla helped introduce a pair of bills earlier this year aimed at combating the chaos caused by Trump’s Muslim Ban in his first term. To prevent some of the most egregious violations from Trump’s first travel ban, Padilla is leading the Access to Counsel Act, which would ensure that U.S. citizens, green card holders, and other individuals with legal status can consult with an attorney, relative, or other interested parties to seek assistance if they are detained by Customs and Border Protection (CBP) for more than an hour at ports of entry, including airports. Padilla is also cosponsoring Coons and Chu’s NO BAN Act, legislation to prevent any president from implementing a discriminatory travel ban by strengthening the Immigration and Nationality Act to prohibit discrimination based on religion. The bill would also require that any suspension of entry into the United States be narrowly tailored, backed by credible evidence, and subject to appropriate consultation with Congress.
    Full text of the letter is available here and below:
    Dear President Trump, Secretary Noem, Secretary Rubio, and Attorney General Bondi:
    We write to express our strong opposition to President Trump’s recent decision to issue a sweeping travel ban that will deny entry to thousands of individuals from 19 different countries. This discriminatory ban will not improve our country’s national security, but it will needlessly rip families apart. We urge President Trump to rescind it immediately.
    During President Trump’s first term, his administration implemented a range of travel restrictions on nationals from several countries, many of which were majority-Muslim countries. These travel bans faced continual legal challenges because of their blatantly discriminatory designs. President Biden terminated the latest version of President Trump’s travel ban when he took office in 2021, but the damage had already been done. The first Muslim Ban wreaked havoc on families, forcing over forty thousand people who had cleared one of the most exhaustive immigration vetting systems in the world to miss weddings, funerals, graduations, and births. What’s more, there is no evidence that this ban or any further iteration did anything to improve national security or prevent terrorism.
    Despite the failure of the original Muslim and travel bans, President Trump has now issued an even broader travel ban. This new extreme travel ban will prevent nationals from twelve countries (Afghanistan, Chad, Republic of Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Myanmar, Somalia, Sudan, and Yemen) from entering the United States, with seven other countries (Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan, and Venezuela) facing partial restrictions, meaning individuals from these countries cannot come to the U.S. permanently or apply for certain visas. The administration is reportedly considering imposing restrictions on an additional 36 countries.
    The effects of this discriminatory travel ban will be devastating. In the last year alone over 126,000 visas have been issued to nationals from just the twelve countries on the fully restricted list. These are individuals who are looking to come to the United States to reunite with family, support our economy, or otherwise enrich our country in innumerable ways. President Trump’s actions once again disgrace the founding principles of our nation and enshrine cruelty into our immigration system.
    Additionally, this travel ban will harm our economy by depriving the United States of workers in key fields experiencing labor shortages like medicine and agriculture and further devastating our domestic tourism industry which is already expected to decline by $12.5 billion in 2025.
    Given these severe impacts, we condemn this proclamation and urge President Trump to rescind it immediately. We also seek transparency into President Trump’s decision-making process and, accordingly, request answers to the following questions by July 3rd, 2025:
    1. President Trump’s proclamation banned travel from countries based on a report that “identified countries for which vetting and screening information is so deficient as to warrant a full suspension of admissions and countries that warrant a partial suspension of admission,” as well as considered “various factors, including each country’s screening and vetting capabilities, information sharing policies, and country-specific risk factors — including whether each country has a significant terrorist presence within its territory, its visa-overstay rate, and its cooperation with accepting back its removable nationals.”
    a. Will your administration release this report in full to Congress and the public?
    b. How are screening and vetting processes determined to be “deficient?”
    c. What are the specific criteria by which your administration will continuously evaluate a country’s “conditions and vetting standards?” What are the parameters for a country to have a system that is considered sufficient?
    2. What is the status of your administration’s deliberations to add more countries to the travel ban?
    3. What is the estimate of the economic impacts on tourism, jobs, and foreign direct investment as a result of this travel ban?
    4. What metrics will your administration use to evaluate the effectiveness of the travel ban in protecting national security?
    5. Section 4(c) and (d) of the proclamation contemplates exceptions when in the national interest.
    a. What procedures and guidelines will your administration use to determine who receives an exemption from your travel ban?
    b. Will your administration make these procedures and guidelines public, and will your administration allow individuals to apply for exceptions?
    6. President Trump’s proclamation identifies insufficient vetting as a reason to bar immigrant visas from certain suspended countries. However, his proclamation exempts immediate relatives of U.S. citizens who can show “clear and convincing evidence of identity and family relationship (e.g. DNA).”
    a. Given that your administration accept DNA tests as a valid form of identification and evidence of familial relationship, why has your administration categorically suspended the entry of all other family-based immigrant visa applicants, including those who could also prove their identity in that manner?
    7. For several countries (Burundi, Chad, the Republic of Congo, Togo, and Turkmenistan), President Trump’s proclamation lists no reason for a suspension of visas other than the visa overstay rates of individuals on B-1, B-2, B-1/B-2, F, M, and J visas, which are nonimmigrant visas. However, President Trump’s proclamation fully suspends all immigrant visas for those countries, including all family and employment-based visas.
    a. How does your administration justify suspending all immigrant visas on the basis of an unrelated nonimmigrant visa overstay rate?
    b. Did your administration conduct individualized analyses for all nonimmigrant visa types, or rely solely on the B-1, B-2, B-1/B-2, F, M, and J visa overstay rates?
    We thank you for your attention to this important manner.
    Sincerely,

    MIL OSI USA News –

  • MIL-OSI: Wealth Megatrends Releases 2025 Forecast Update on Gold Prediction Amid Historic Surge in Central Bank Demand

    Source: GlobeNewswire (MIL-OSI)

    Palm Beach Gardens, July 03, 2025 (GLOBE NEWSWIRE) —

    FOR IMMEDIATE RELEASE

    SECTION 1 – INTRODUCTION

    The gold market has re-entered a cycle of historic attention as macroeconomic uncertainty accelerates worldwide. In early 2025, gold prices surged beyond $3,200 per ounce for the first time on record, prompting a surge in online interest, independent forecasts, and portfolio reassessments. This surge can be attributed to factors such as recent tariff escalations, currency reallocation by foreign governments, and geopolitical fragmentation, which have amplified concerns about the long-term stability of fiat systems. Simultaneously, capital outflows and bond yield distortions have complicated traditional wealth preservation strategies. Many investors, both institutional and retail, are actively revisiting gold as a potential counterbalance to portfolio risk, particularly in light of rising stagflation narratives.

    This trend is rooted in increasingly visible disruptions across both U.S. and international markets. Recent tariff escalations, currency reallocation by foreign governments, and geopolitical fragmentation have amplified concerns about the long-term stability of fiat systems. Simultaneously, capital outflows and bond yield distortions have complicated traditional wealth preservation strategies. Many investors, both institutional and retail, are actively revisiting gold as a potential counterbalance to portfolio risk, particularly in light of rising stagflation narratives.

    Gold’s long-term historical performance, a key factor in its investment potential, continues to draw analytical interest. Since 2000, the metal has averaged over 20% annualized returns in periods of monetary dislocation, with only four annual declines in the past 25 years. This statistical consistency has aligned with peak search periods around previous crises, including the 2008 financial collapse, the 2020 pandemic response, and inflation spikes of the 1970s, providing reassurance to potential investors.

    As the dollar weakens and equity markets exhibit erratic momentum, digital conversations have also expanded beyond physical gold. Investor attention is turning toward ancillary market sectors with cyclical ties to the price of gold, specifically gold mining equities, royalty streaming models, and historically correlated commodities. In response to this emerging wave of interest, financial analysts and newsletter platforms have begun re-evaluating the long-term implications of sustained gold appreciation under current monetary and geopolitical conditions.

    To explore the full gold forecast and related analysis from Sean Brodrick, visit the Wealth Megatrends research platform at: www.weissratings.com.

    SECTION 2 – COMPANY / PRODUCT ANNOUNCEMENT

    In its latest macroeconomic outlook, Wealth Megatrends, backed by the highly respected and seasoned precious metals researcher Sean Brodrick, has released an updated analysis. His projection of a potential rise in gold prices to $6,900 per ounce—more than double current levels-is a significant milestone in the gold market. This projection, based on more than two decades of field-based research across global mining markets, follows gold’s recent break past $3,200, a milestone Brodrick had publicly projected following key shifts in post-election market dynamics and intensifying global trade disruptions.

    Brodrick’s projections are informed by more than two decades of field-based research across global mining markets. They are developed in collaboration with Weiss Ratings, an independent financial analysis firm known for its longstanding data-driven forecasting models. Founded nearly a century ago, Weiss Ratings has established a reputation for identifying risk-adjusted investment trends early in their cycle across multiple sectors, including commodities. Wealth Megatrends, on the other hand, is a leading authority in macroeconomic trends and has a track record of accurate forecasts in the precious metals market.

    The latest gold outlook presented through Wealth Megatrends is framed within the broader thesis that structural volatility—driven by tariffs, debt accumulation, and rising capital flight—may continue to pressure fiat currencies and redirect both institutional and sovereign interest toward hard assets. Within that narrative, Brodrick identifies gold’s current trajectory as part of a long-form secular cycle, where historical comparisons to the 1970s, early 2000s, and post-2008 recovery periods offer a relevant benchmark.

    The forecast does not focus solely on bullion pricing. Instead, it emphasizes the importance of understanding how gold-related equities—specifically gold mining stocks—have historically shown outsized performance during similar macroeconomic phases. While physical gold has traditionally served as a wealth preservation tool, equities tied to its production have demonstrated the potential for amplified movement, often reflecting operational leverage and commodity price elasticity. This comprehensive view of the market, providing a holistic understanding, is crucial for investors seeking to maximize their returns and feel prepared for their investment decisions.

    Wealth Megatrends positions this update as part of its ongoing commitment to transparency in informational research within the investment landscape. All perspectives are based on publicly observable market behavior, historical analogs, and forward-looking interpretations of supply-demand dislocations currently underway in the precious metals ecosystem. This commitment ensures that our audience can trust the information we provide.

    SECTION 3 – TREND ANALYSIS / CONSUMER INTEREST

    As uncertainty continues to shape global markets, search behavior and investor sentiment have undergone a noticeable shift. Interest in “gold forecast,” “gold prediction 2025,” and “how to invest in gold mining stocks” has surged across digital platforms. Concurrently, investment forums, macroeconomic newsletters, and institutional reports have intensified their coverage of gold and related asset classes, driven by elevated concerns over inflation, currency depreciation, and geopolitical fragmentation.

    Beyond retail curiosity, sovereign actors are playing an increasingly visible role in gold market dynamics. According to international financial reporting, global central banks have significantly increased their gold reserves over the last five years, with holdings reaching multi-decade highs. Nations such as China, Russia, Saudi Arabia, and Hungary have expanded their stockpiles, while institutions like the IMF have noted a material decline in U.S. dollar reserve dominance. This broader pivot toward physical gold reflects a growing skepticism toward traditional currency systems, particularly after recent asset seizures and shifting global monetary policies.

    At the same time, prominent hedge fund managers and macro investors have reportedly rotated capital into precious metals and resource equities. Though motivations vary—from protection against dollar volatility to long-term diversification—the directional trend suggests a shared expectation of continued financial instability. These evolving behaviors have contributed to an ecosystem where gold-related content now performs at record engagement levels across both news outlets and investment research platforms.

    Notably, the discourse is also expanding beyond bullion. Mining stocks, streaming firms, and gold-sector ETFs have re-emerged in public conversations due to their historical pattern of outperforming the underlying metal during bull cycles. This pattern, often tied to operational leverage and production scalability, is once again being evaluated by market analysts seeking exposure to gold-aligned opportunities without the logistical or storage limitations of physical assets.

    Additional insights into long-cycle gold behavior, macro trends, and equity exposure models are available through the Wealth Megatrends monthly publication, produced by Weiss Ratings.

    SECTION 4 – TECHNOLOGY SPOTLIGHT

    Within the broader conversation about gold’s long-term role in financial strategy, renewed interest is emerging in an adjacent category: publicly traded gold mining companies. Historically, these companies have moved directionally with the price of gold but have shown the potential for outsized volatility—both upward and downward—due to the inherent operating leverage tied to commodity prices.

    Mining equities represent businesses engaged in the extraction, production, and refinement of gold, often operating across geographically diverse sites. Their revenue models are influenced not only by prevailing spot prices but also by internal efficiencies, fixed operating costs, jurisdictional stability, and resource scalability. This makes them a subject of focused interest for market analysts seeking to interpret how rising gold prices might impact corporate financial performance within the sector.

    In previous gold bull markets—such as those seen in the 1970s, early 2000s, and post-2008—specific gold mining equities exhibited exponential price action relative to the metal itself. This pattern, commonly attributed to margin expansion, arises when rising gold prices exceed fixed production costs. While the price of gold may increase incrementally, the profitability of certain miners can shift more dramatically under favorable conditions, depending on operational factors such as grade, jurisdiction, and scale of output.

    Recent digital commentary also reflects growing awareness of gold mining sub-sectors, including royalty and streaming companies. These entities do not engage directly in mining but instead finance producers in exchange for a fixed share of production, often at below-market rates. As a result, they tend to operate with reduced overhead and exposure, while still participating in the broader gold cycle.

    SECTION 5 – USER JOURNEY NARRATIVE / MARKET RECEPTION

    Public conversation around gold has shifted dramatically in recent quarters, with online forums, financial publications, and independent research platforms documenting a growing reappraisal of gold’s long-term role in diversified strategies. Once considered a niche or defensive holding, gold is increasingly being positioned by investors as a foundational asset in the face of mounting systemic uncertainty.

    The transition in tone—from peripheral interest to mainstream reconsideration—has coincided with several economic flashpoints. These include the recalibration of central bank policies, persistent inflation indicators, and pronounced volatility in both equity and fixed-income markets. As global confidence in fiat stability continues to waver, discourse around asset preservation has taken on new urgency. In this environment, physical gold is commonly cited as a symbolic safeguard, while gold-linked equities are being explored for their cyclical performance dynamics.

    This renewed attention is not limited to physical asset holders. Retail investors who previously focused on conventional equities or index strategies are now engaging with educational content around gold mining companies, royalty models, and global production footprints. Meanwhile, institutional portfolios have been observed increasing their allocations to tangible asset categories, sometimes through passive vehicles that provide exposure to diversified gold equity baskets.

    Notably, this shift in tone is not driven solely by performance metrics but by a broader cultural narrative about financial resilience, global realignment, and the search for assets that exist outside centralized systems.

    Wealth Megatrends is a subscription-based research newsletter published monthly by Weiss Ratings. It provides economic cycle analysis for informational purposes only.

    SECTION 6 – AVAILABILITY AND TRANSPARENCY

    Readers seeking additional context on gold market cycles, equity sector dynamics, or commodity-aligned investment frameworks can find expanded analysis in the Wealth Megatrends publication. The platform is designed to offer economic research and independent forecasting centered around macroeconomic cycles, resource asset classes, and long-term portfolio theory.

    All materials are presented for informational purposes only and are developed using a combination of historical market analysis, third-party data synthesis, and independent evaluation of publicly available company performance metrics. No materials constitute financial advice or investment guidance. Instead, Wealth Megatrends content is intended to support educational exploration for individuals seeking to understand the structural drivers behind evolving market behavior.

    SECTION 7 – FINAL OBSERVATIONS & INDUSTRY CONTEXT

    The renewed momentum behind gold and gold-aligned equities reflects a broader shift in investor expectations across global markets. What began as a defensive reaction to short-term economic stressors has evolved into a long-term reassessment of value preservation frameworks and asset decentralization strategies. Within this environment, commodities such as gold and, by extension, mining sector exposure have re-emerged as central discussion points in the allocation strategies of both institutional and individual investors.

    The movement is not isolated to metals alone. It parallels a growing trend toward so-called “clean-label assets”—investments perceived as tangible, auditable, and less reliant on third-party counterparty risk. This shift mirrors consumer demand in other sectors, where transparency, operational integrity, and verifiable origin are increasingly prioritized over yield projections or promotional narratives.

    As global policy tools face scrutiny and traditional diversification models come under pressure, the precious metals space may continue to serve as both a barometer and a response mechanism to macroeconomic volatility.

    SECTION 8 – PUBLIC COMMENTARY THEME SUMMARY

    Public commentary surrounding the current gold cycle reflects a diverse mix of enthusiasm, skepticism, and inquiry. A recurring theme among bullish observers is the belief that structural global instability—encompassing monetary policy and geopolitical shifts—has triggered a renewed case for gold as a long-term asset.

    At the same time, some participants express concern over the potential for near-term overvaluation. A recurring discussion point involves the pace of recent gains and whether market enthusiasm may be outpacing underlying supply-demand fundamentals.

    Discussions across digital channels also reflect an evolving understanding of how gold-related equities behave differently from physical bullion. Some have noted that while gold mining stocks can amplify exposure to the metal’s price, they may also introduce operational, jurisdictional, or liquidity risks not present in the physical commodity itself.

    Another frequently cited theme involves the role of silver and other precious metals within the current narrative. Some market observers have expressed curiosity about whether these secondary metals will follow gold’s trajectory or establish differentiated cycles based on industrial demand and production forecasts.

    ABOUT THE COMPANY

    Founded to help investors navigate complex economic cycles, Wealth Megatrends is a monthly research publication that provides independent, data-driven analysis across precious metals, energy, and global resource sectors. Veteran cycles analyst Sean Brodrick leads the newsletter and is part of the Weiss Ratings ecosystem, a firm originally established in 1971 and known for its transparent approach to financial modeling and risk assessment.

    The publication does not provide investment advice, treatment, or diagnostic services and is intended strictly for educational and informational purposes.

    Contact:

    The MIL Network –

  • MIL-OSI: Wealth Megatrends Releases 2025 Forecast Update on Gold Prediction Amid Historic Surge in Central Bank Demand

    Source: GlobeNewswire (MIL-OSI)

    Palm Beach Gardens, July 03, 2025 (GLOBE NEWSWIRE) —

    FOR IMMEDIATE RELEASE

    SECTION 1 – INTRODUCTION

    The gold market has re-entered a cycle of historic attention as macroeconomic uncertainty accelerates worldwide. In early 2025, gold prices surged beyond $3,200 per ounce for the first time on record, prompting a surge in online interest, independent forecasts, and portfolio reassessments. This surge can be attributed to factors such as recent tariff escalations, currency reallocation by foreign governments, and geopolitical fragmentation, which have amplified concerns about the long-term stability of fiat systems. Simultaneously, capital outflows and bond yield distortions have complicated traditional wealth preservation strategies. Many investors, both institutional and retail, are actively revisiting gold as a potential counterbalance to portfolio risk, particularly in light of rising stagflation narratives.

    This trend is rooted in increasingly visible disruptions across both U.S. and international markets. Recent tariff escalations, currency reallocation by foreign governments, and geopolitical fragmentation have amplified concerns about the long-term stability of fiat systems. Simultaneously, capital outflows and bond yield distortions have complicated traditional wealth preservation strategies. Many investors, both institutional and retail, are actively revisiting gold as a potential counterbalance to portfolio risk, particularly in light of rising stagflation narratives.

    Gold’s long-term historical performance, a key factor in its investment potential, continues to draw analytical interest. Since 2000, the metal has averaged over 20% annualized returns in periods of monetary dislocation, with only four annual declines in the past 25 years. This statistical consistency has aligned with peak search periods around previous crises, including the 2008 financial collapse, the 2020 pandemic response, and inflation spikes of the 1970s, providing reassurance to potential investors.

    As the dollar weakens and equity markets exhibit erratic momentum, digital conversations have also expanded beyond physical gold. Investor attention is turning toward ancillary market sectors with cyclical ties to the price of gold, specifically gold mining equities, royalty streaming models, and historically correlated commodities. In response to this emerging wave of interest, financial analysts and newsletter platforms have begun re-evaluating the long-term implications of sustained gold appreciation under current monetary and geopolitical conditions.

    To explore the full gold forecast and related analysis from Sean Brodrick, visit the Wealth Megatrends research platform at: www.weissratings.com.

    SECTION 2 – COMPANY / PRODUCT ANNOUNCEMENT

    In its latest macroeconomic outlook, Wealth Megatrends, backed by the highly respected and seasoned precious metals researcher Sean Brodrick, has released an updated analysis. His projection of a potential rise in gold prices to $6,900 per ounce—more than double current levels-is a significant milestone in the gold market. This projection, based on more than two decades of field-based research across global mining markets, follows gold’s recent break past $3,200, a milestone Brodrick had publicly projected following key shifts in post-election market dynamics and intensifying global trade disruptions.

    Brodrick’s projections are informed by more than two decades of field-based research across global mining markets. They are developed in collaboration with Weiss Ratings, an independent financial analysis firm known for its longstanding data-driven forecasting models. Founded nearly a century ago, Weiss Ratings has established a reputation for identifying risk-adjusted investment trends early in their cycle across multiple sectors, including commodities. Wealth Megatrends, on the other hand, is a leading authority in macroeconomic trends and has a track record of accurate forecasts in the precious metals market.

    The latest gold outlook presented through Wealth Megatrends is framed within the broader thesis that structural volatility—driven by tariffs, debt accumulation, and rising capital flight—may continue to pressure fiat currencies and redirect both institutional and sovereign interest toward hard assets. Within that narrative, Brodrick identifies gold’s current trajectory as part of a long-form secular cycle, where historical comparisons to the 1970s, early 2000s, and post-2008 recovery periods offer a relevant benchmark.

    The forecast does not focus solely on bullion pricing. Instead, it emphasizes the importance of understanding how gold-related equities—specifically gold mining stocks—have historically shown outsized performance during similar macroeconomic phases. While physical gold has traditionally served as a wealth preservation tool, equities tied to its production have demonstrated the potential for amplified movement, often reflecting operational leverage and commodity price elasticity. This comprehensive view of the market, providing a holistic understanding, is crucial for investors seeking to maximize their returns and feel prepared for their investment decisions.

    Wealth Megatrends positions this update as part of its ongoing commitment to transparency in informational research within the investment landscape. All perspectives are based on publicly observable market behavior, historical analogs, and forward-looking interpretations of supply-demand dislocations currently underway in the precious metals ecosystem. This commitment ensures that our audience can trust the information we provide.

    SECTION 3 – TREND ANALYSIS / CONSUMER INTEREST

    As uncertainty continues to shape global markets, search behavior and investor sentiment have undergone a noticeable shift. Interest in “gold forecast,” “gold prediction 2025,” and “how to invest in gold mining stocks” has surged across digital platforms. Concurrently, investment forums, macroeconomic newsletters, and institutional reports have intensified their coverage of gold and related asset classes, driven by elevated concerns over inflation, currency depreciation, and geopolitical fragmentation.

    Beyond retail curiosity, sovereign actors are playing an increasingly visible role in gold market dynamics. According to international financial reporting, global central banks have significantly increased their gold reserves over the last five years, with holdings reaching multi-decade highs. Nations such as China, Russia, Saudi Arabia, and Hungary have expanded their stockpiles, while institutions like the IMF have noted a material decline in U.S. dollar reserve dominance. This broader pivot toward physical gold reflects a growing skepticism toward traditional currency systems, particularly after recent asset seizures and shifting global monetary policies.

    At the same time, prominent hedge fund managers and macro investors have reportedly rotated capital into precious metals and resource equities. Though motivations vary—from protection against dollar volatility to long-term diversification—the directional trend suggests a shared expectation of continued financial instability. These evolving behaviors have contributed to an ecosystem where gold-related content now performs at record engagement levels across both news outlets and investment research platforms.

    Notably, the discourse is also expanding beyond bullion. Mining stocks, streaming firms, and gold-sector ETFs have re-emerged in public conversations due to their historical pattern of outperforming the underlying metal during bull cycles. This pattern, often tied to operational leverage and production scalability, is once again being evaluated by market analysts seeking exposure to gold-aligned opportunities without the logistical or storage limitations of physical assets.

    Additional insights into long-cycle gold behavior, macro trends, and equity exposure models are available through the Wealth Megatrends monthly publication, produced by Weiss Ratings.

    SECTION 4 – TECHNOLOGY SPOTLIGHT

    Within the broader conversation about gold’s long-term role in financial strategy, renewed interest is emerging in an adjacent category: publicly traded gold mining companies. Historically, these companies have moved directionally with the price of gold but have shown the potential for outsized volatility—both upward and downward—due to the inherent operating leverage tied to commodity prices.

    Mining equities represent businesses engaged in the extraction, production, and refinement of gold, often operating across geographically diverse sites. Their revenue models are influenced not only by prevailing spot prices but also by internal efficiencies, fixed operating costs, jurisdictional stability, and resource scalability. This makes them a subject of focused interest for market analysts seeking to interpret how rising gold prices might impact corporate financial performance within the sector.

    In previous gold bull markets—such as those seen in the 1970s, early 2000s, and post-2008—specific gold mining equities exhibited exponential price action relative to the metal itself. This pattern, commonly attributed to margin expansion, arises when rising gold prices exceed fixed production costs. While the price of gold may increase incrementally, the profitability of certain miners can shift more dramatically under favorable conditions, depending on operational factors such as grade, jurisdiction, and scale of output.

    Recent digital commentary also reflects growing awareness of gold mining sub-sectors, including royalty and streaming companies. These entities do not engage directly in mining but instead finance producers in exchange for a fixed share of production, often at below-market rates. As a result, they tend to operate with reduced overhead and exposure, while still participating in the broader gold cycle.

    SECTION 5 – USER JOURNEY NARRATIVE / MARKET RECEPTION

    Public conversation around gold has shifted dramatically in recent quarters, with online forums, financial publications, and independent research platforms documenting a growing reappraisal of gold’s long-term role in diversified strategies. Once considered a niche or defensive holding, gold is increasingly being positioned by investors as a foundational asset in the face of mounting systemic uncertainty.

    The transition in tone—from peripheral interest to mainstream reconsideration—has coincided with several economic flashpoints. These include the recalibration of central bank policies, persistent inflation indicators, and pronounced volatility in both equity and fixed-income markets. As global confidence in fiat stability continues to waver, discourse around asset preservation has taken on new urgency. In this environment, physical gold is commonly cited as a symbolic safeguard, while gold-linked equities are being explored for their cyclical performance dynamics.

    This renewed attention is not limited to physical asset holders. Retail investors who previously focused on conventional equities or index strategies are now engaging with educational content around gold mining companies, royalty models, and global production footprints. Meanwhile, institutional portfolios have been observed increasing their allocations to tangible asset categories, sometimes through passive vehicles that provide exposure to diversified gold equity baskets.

    Notably, this shift in tone is not driven solely by performance metrics but by a broader cultural narrative about financial resilience, global realignment, and the search for assets that exist outside centralized systems.

    Wealth Megatrends is a subscription-based research newsletter published monthly by Weiss Ratings. It provides economic cycle analysis for informational purposes only.

    SECTION 6 – AVAILABILITY AND TRANSPARENCY

    Readers seeking additional context on gold market cycles, equity sector dynamics, or commodity-aligned investment frameworks can find expanded analysis in the Wealth Megatrends publication. The platform is designed to offer economic research and independent forecasting centered around macroeconomic cycles, resource asset classes, and long-term portfolio theory.

    All materials are presented for informational purposes only and are developed using a combination of historical market analysis, third-party data synthesis, and independent evaluation of publicly available company performance metrics. No materials constitute financial advice or investment guidance. Instead, Wealth Megatrends content is intended to support educational exploration for individuals seeking to understand the structural drivers behind evolving market behavior.

    SECTION 7 – FINAL OBSERVATIONS & INDUSTRY CONTEXT

    The renewed momentum behind gold and gold-aligned equities reflects a broader shift in investor expectations across global markets. What began as a defensive reaction to short-term economic stressors has evolved into a long-term reassessment of value preservation frameworks and asset decentralization strategies. Within this environment, commodities such as gold and, by extension, mining sector exposure have re-emerged as central discussion points in the allocation strategies of both institutional and individual investors.

    The movement is not isolated to metals alone. It parallels a growing trend toward so-called “clean-label assets”—investments perceived as tangible, auditable, and less reliant on third-party counterparty risk. This shift mirrors consumer demand in other sectors, where transparency, operational integrity, and verifiable origin are increasingly prioritized over yield projections or promotional narratives.

    As global policy tools face scrutiny and traditional diversification models come under pressure, the precious metals space may continue to serve as both a barometer and a response mechanism to macroeconomic volatility.

    SECTION 8 – PUBLIC COMMENTARY THEME SUMMARY

    Public commentary surrounding the current gold cycle reflects a diverse mix of enthusiasm, skepticism, and inquiry. A recurring theme among bullish observers is the belief that structural global instability—encompassing monetary policy and geopolitical shifts—has triggered a renewed case for gold as a long-term asset.

    At the same time, some participants express concern over the potential for near-term overvaluation. A recurring discussion point involves the pace of recent gains and whether market enthusiasm may be outpacing underlying supply-demand fundamentals.

    Discussions across digital channels also reflect an evolving understanding of how gold-related equities behave differently from physical bullion. Some have noted that while gold mining stocks can amplify exposure to the metal’s price, they may also introduce operational, jurisdictional, or liquidity risks not present in the physical commodity itself.

    Another frequently cited theme involves the role of silver and other precious metals within the current narrative. Some market observers have expressed curiosity about whether these secondary metals will follow gold’s trajectory or establish differentiated cycles based on industrial demand and production forecasts.

    ABOUT THE COMPANY

    Founded to help investors navigate complex economic cycles, Wealth Megatrends is a monthly research publication that provides independent, data-driven analysis across precious metals, energy, and global resource sectors. Veteran cycles analyst Sean Brodrick leads the newsletter and is part of the Weiss Ratings ecosystem, a firm originally established in 1971 and known for its transparent approach to financial modeling and risk assessment.

    The publication does not provide investment advice, treatment, or diagnostic services and is intended strictly for educational and informational purposes.

    Contact:

    The MIL Network –

  • MIL-Evening Report: 6 simple questions to tell if a ‘finfluencer’ is more flash than cash

    Source: The Conversation (Au and NZ) – By Dimitrios Salampasis, Associate Professor, Emerging Technologies and FinTech | FinTech Capability Lead, Swinburne University of Technology

    Oleg Golovnev/Shutterstock

    Images of flashy sports cars. Lavish lifestyle shots. These are just some of the red flags consumers should watch out for when they turn to social media for financial advice.

    Consumers should not believe everything they see on Instagram, TikTok or YouTube from the growing numbers of “finfluencers” – content creators who build their audience by giving out financial advice.

    The regulator responsible for financial products and advice, the Australian Securities and Investments Commission (ASIC), has issued warning notices to 18 social media finfluencers. ASIC said it suspects they have broken the law by promoting high-risk financial products or providing unlicensed financial advice. ASIC did not name them.

    So, why is regulated financial advice important and what are some of the common practices finfluencers use to attract followers and customers?

    Financial advice rules explained

    Australian Financial Services laws are designed to protect consumers and investors, while promoting the integrity of financial markets. It is both unethical and illegal to promote financial products without proper authorisation.

    In Australia, it is an offence under the Corporations Act to provide financial advice without an Australian Financial Services licence. Penalties include up to five years’ imprisonment or fines of A$1 million or more.

    ASIC issued a similar warning to online finfluencers in 2022. Since then, the number of social media posts by unauthorised finfluencers have substantially reduced.

    Many finfluencers became licensed or authorised representatives of a licensee, along with being more diligent about what they were posting online. Natasha Etschmann, with 300,000 Instagram and TikTok followers at @TashInvests, became licensed immediately after the 2022 warning.

    Some other finfluencers were arrested, issued fines or ordered to take down their websites.

    High-risk products

    However, some finfluencers who style themselves as “trading experts” continue to provide unauthorised financial advice, usually for a fee or commission. They promote high-risk, complex investment products that can cause consumers substantial harm.

    These products include contracts-for-difference
    and over-the-counter derivative products that do not trade on an exchange. ASIC says its current concerns lie with these content creators:

    Their social media content is often accompanied by misleading or deceptive representations about the prospects of success from the products or trading strategies they promote, sharing images of lavish lifestyles, sports cars and other luxury goods.

    What to watch on socials

    About 41% of young Australians aged 18 to 30 look online for financial information or advice.

    While budgeting tips can be helpful, it’s important to be extra careful with online financial advice. Consumers should not believe everything they see on social media.

    Conducting due diligence and checking finfluencers’ credentials on ASIC’s Professional Registers search tool is crucial. Choose expert and licensed finfluencers rather than accounts with large followings and exaggerated or misleading claims. Popularity does not always mean credibility.

    There are certain red flags to watch out for. Some finfluencers use pseudonyms. They promote “exclusive” financial advice content and access to “invitation-only” online communities for a fee. In many cases, they lack credible experience or certified financial planning training to provide financial advice.

    Your finfluencer vetting toolkit

    When choosing to follow or acquire the services of a finfluencer, ask:

    1. is this finfluencer licensed or authorised?

    2. how realistic are the promised financial outcomes? Are they too good to be true?

    3. does the finfluencer disclose their personal financial position or investments when discussing financial products or strategies?

    4. are they transparent about? their track record of accuracy or accountability?

    5. do they address publicly a case when their audience lost money from a strategy they recommended?

    6. does the finfluencer tailor content to different investment risk profiles or financial maturity levels in their audiences?

    Are you being sold a dream?

    Social media finfluencer content can often come with misleading or deceptive representations (such as the sports cars and luxury goods that ASIC has warned about). Content may overstate the prospects of success and potential profits.

    Some – usually unlicensed – finfluencers use social media content as “proof” of their financial expertise. One common practice is to try to lure consumers by creating a hyped world around their own personal lifestyle. Many finfluencers often extend invitations to consumers to join closed forums to “learn” their hidden secrets to success or copy their “famous” trading practices.

    These finfluencers usually try to convince consumers they can achieve a similar lifestyle by following their advice.

    Finfluencers are global

    ASIC issued the warnings as part of a recent global week of action. ASIC and eight regulators from the United Kingdom, United Arab Emirates, Italy, Hong Kong and Canada took coordinated action to disrupt unlawful finfluencer activity.
    The global campaign aims to raise awareness about unlawful finfluencer activity, protect consumers, and prevent them from investing after encountering misleading content.

    Consumers need to distinguish between credible financial advice and self-serving or misleading content before trusting their money to anyone.

    Spotted unlicensed influencer activity? Report this misconduct to ASIC.

    Dimitrios Salampasis is a Fellow of the Financial Services Institute of Australasia (FINSIA), member of the Australian Institute of Company Directors (AICD) and member of the Singapore Institute of Directors (SID).

    – ref. 6 simple questions to tell if a ‘finfluencer’ is more flash than cash – https://theconversation.com/6-simple-questions-to-tell-if-a-finfluencer-is-more-flash-than-cash-259906

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: 6 simple questions to tell if a ‘finfluencer’ is more flash than cash

    Source: The Conversation (Au and NZ) – By Dimitrios Salampasis, Associate Professor, Emerging Technologies and FinTech | FinTech Capability Lead, Swinburne University of Technology

    Oleg Golovnev/Shutterstock

    Images of flashy sports cars. Lavish lifestyle shots. These are just some of the red flags consumers should watch out for when they turn to social media for financial advice.

    Consumers should not believe everything they see on Instagram, TikTok or YouTube from the growing numbers of “finfluencers” – content creators who build their audience by giving out financial advice.

    The regulator responsible for financial products and advice, the Australian Securities and Investments Commission (ASIC), has issued warning notices to 18 social media finfluencers. ASIC said it suspects they have broken the law by promoting high-risk financial products or providing unlicensed financial advice. ASIC did not name them.

    So, why is regulated financial advice important and what are some of the common practices finfluencers use to attract followers and customers?

    Financial advice rules explained

    Australian Financial Services laws are designed to protect consumers and investors, while promoting the integrity of financial markets. It is both unethical and illegal to promote financial products without proper authorisation.

    In Australia, it is an offence under the Corporations Act to provide financial advice without an Australian Financial Services licence. Penalties include up to five years’ imprisonment or fines of A$1 million or more.

    ASIC issued a similar warning to online finfluencers in 2022. Since then, the number of social media posts by unauthorised finfluencers have substantially reduced.

    Many finfluencers became licensed or authorised representatives of a licensee, along with being more diligent about what they were posting online. Natasha Etschmann, with 300,000 Instagram and TikTok followers at @TashInvests, became licensed immediately after the 2022 warning.

    Some other finfluencers were arrested, issued fines or ordered to take down their websites.

    High-risk products

    However, some finfluencers who style themselves as “trading experts” continue to provide unauthorised financial advice, usually for a fee or commission. They promote high-risk, complex investment products that can cause consumers substantial harm.

    These products include contracts-for-difference
    and over-the-counter derivative products that do not trade on an exchange. ASIC says its current concerns lie with these content creators:

    Their social media content is often accompanied by misleading or deceptive representations about the prospects of success from the products or trading strategies they promote, sharing images of lavish lifestyles, sports cars and other luxury goods.

    What to watch on socials

    About 41% of young Australians aged 18 to 30 look online for financial information or advice.

    While budgeting tips can be helpful, it’s important to be extra careful with online financial advice. Consumers should not believe everything they see on social media.

    Conducting due diligence and checking finfluencers’ credentials on ASIC’s Professional Registers search tool is crucial. Choose expert and licensed finfluencers rather than accounts with large followings and exaggerated or misleading claims. Popularity does not always mean credibility.

    There are certain red flags to watch out for. Some finfluencers use pseudonyms. They promote “exclusive” financial advice content and access to “invitation-only” online communities for a fee. In many cases, they lack credible experience or certified financial planning training to provide financial advice.

    Your finfluencer vetting toolkit

    When choosing to follow or acquire the services of a finfluencer, ask:

    1. is this finfluencer licensed or authorised?

    2. how realistic are the promised financial outcomes? Are they too good to be true?

    3. does the finfluencer disclose their personal financial position or investments when discussing financial products or strategies?

    4. are they transparent about? their track record of accuracy or accountability?

    5. do they address publicly a case when their audience lost money from a strategy they recommended?

    6. does the finfluencer tailor content to different investment risk profiles or financial maturity levels in their audiences?

    Are you being sold a dream?

    Social media finfluencer content can often come with misleading or deceptive representations (such as the sports cars and luxury goods that ASIC has warned about). Content may overstate the prospects of success and potential profits.

    Some – usually unlicensed – finfluencers use social media content as “proof” of their financial expertise. One common practice is to try to lure consumers by creating a hyped world around their own personal lifestyle. Many finfluencers often extend invitations to consumers to join closed forums to “learn” their hidden secrets to success or copy their “famous” trading practices.

    These finfluencers usually try to convince consumers they can achieve a similar lifestyle by following their advice.

    Finfluencers are global

    ASIC issued the warnings as part of a recent global week of action. ASIC and eight regulators from the United Kingdom, United Arab Emirates, Italy, Hong Kong and Canada took coordinated action to disrupt unlawful finfluencer activity.
    The global campaign aims to raise awareness about unlawful finfluencer activity, protect consumers, and prevent them from investing after encountering misleading content.

    Consumers need to distinguish between credible financial advice and self-serving or misleading content before trusting their money to anyone.

    Spotted unlicensed influencer activity? Report this misconduct to ASIC.

    Dimitrios Salampasis is a Fellow of the Financial Services Institute of Australasia (FINSIA), member of the Australian Institute of Company Directors (AICD) and member of the Singapore Institute of Directors (SID).

    – ref. 6 simple questions to tell if a ‘finfluencer’ is more flash than cash – https://theconversation.com/6-simple-questions-to-tell-if-a-finfluencer-is-more-flash-than-cash-259906

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: NZ will soon have no real interisland rail-ferry link – why are we so bad at infrastructure planning?

    Source: The Conversation (Au and NZ) – By Timothy Welch, Senior Lecturer in Urban Planning, University of Auckland, Waipapa Taumata Rau

    Hagen Hopkins/Getty Images)

    Another week, another Cook Strait ferry breakdown. As the winter maintenance season approaches and the Aratere prepares for its final months of service, New Zealand faces a self-imposed crisis.

    The government has spent NZ$507.3 million on cancelled iReX ferry plans, the country’s fleet has an average age of 28 years, and the earliest New Zealanders can hope for promised replacements is 2029.

    The Marlborough Chamber of Commerce warns unreliable ferries already shake tourist confidence. Several more years of duct-tape solutions won’t help.

    The recent pattern of breakdowns and cancellations has become so routine that New Zealand risks normalising what should be viewed as a national crisis: a serious infrastructure failure.

    It is also a textbook example of how short-term political cycles, coupled with chronic under-investment, create far more expensive problems than the ones they promise to solve.

    Cost blowouts

    While ministers claim to have spared taxpayers a $4 billion blowout on new ferries, Treasury papers show almost 80% of the cost escalation lay in seismic upgrades for wharves, not in the vessels themselves. Those land-side works will be required no matter what ferries the country eventually orders.

    Justifying the original contract cancellation, Finance Minister Nicola Willis quipped that iReX was a Ferrari when a Toyota Corolla would do. But the cost of finding a suitable Corolla is adding up fast.

    Annual maintenance costs are projected to nearly double to $65 million, just to keep the existing ageing ferries running. Additionally, $300 million had to be earmarked to cover fees for breaking the original ferry replacement contract.

    By retiring the Aratere this year – New Zealand’s only rail-capable ferry – the government is also severing the interisland rail link for almost five years.

    KiwiRail will “road-bridge” rail freight, an expensive workaround that involves loading train cars onto trucks, putting those trucks on ferries, then reversing the process at the other end. This will increase truck traffic, produce more emissions and add more wear to already strained infrastructure.

    Forcing more than $14 billion worth of annual freight from rail to road could also negatively affect New Zealand’s climate change commitments. Freight moved by rail generates only about 25% of the CO₂ per tonne-kilometre of the same load produced when hauled by truck.

    The cancelled hybrid ferries would have also cut emissions by 40%. Instead, New Zealand is locking in higher emissions for another half decade or longer.

    Unrealistic timelines

    The ferry saga reflects New Zealand’s infrastructure problem in a nutshell. The country tends to underestimate costs, create unfeasible timelines, then shows dismay when projects blow up or limp home at double the price.

    Auckland exemplifies the pattern. The city has seen decades of cancelled harbour crossing proposals and a scrapped light rail project, with nothing to show but consultancy fees.

    When New Zealand does build –Transmission Gully, for example – the final bill bears little resemblance to initial quotes. The 27 kilometre motorway north of Wellington was nearly 50% over budget and took eight years to build – two years longer than promised.

    The systematic underestimation of costs reflects a flawed approach to infrastructure planning. Politicians need quick wins within three-year electoral cycles, while infrastructure projects take decades to deliver.

    Projects are approved based on lowball estimates, with the outcome inherited by another administration. This has crossed party lines and created a system that rewards short-term thinking and punishes long-term planning.

    Just consider the second crossing for Auckland Harbour. For 35 years, the government has commissioned study after study – from the 1988 tunnel plans to the 2010 business cases – each time backing away when the price tag appeared, or the government changed.

    The iReX cancellation marks the first time the government has actually signed contracts and then walked away. As with the second Auckland Harbour crossing, each delay has only made the inevitable solution more expensive.

    Other countries have, to a degree, addressed this problem. Infrastructure Australia, for example, provides independent cost assessments and long-term planning that transcends political cycles. New Zealand’s Infrastructure Commission, established in 2019, lacks similar teeth and independence.

    Ultimately this isn’t really about ferries. It’s about how New Zealand consistently fails to deliver, on time and at cost, the infrastructure that keeps its economy moving.

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

    – ref. NZ will soon have no real interisland rail-ferry link – why are we so bad at infrastructure planning? – https://theconversation.com/nz-will-soon-have-no-real-interisland-rail-ferry-link-why-are-we-so-bad-at-infrastructure-planning-260279

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: NZ will soon have no real interisland rail-ferry link – why are we so bad at infrastructure planning?

    Source: The Conversation (Au and NZ) – By Timothy Welch, Senior Lecturer in Urban Planning, University of Auckland, Waipapa Taumata Rau

    Hagen Hopkins/Getty Images)

    Another week, another Cook Strait ferry breakdown. As the winter maintenance season approaches and the Aratere prepares for its final months of service, New Zealand faces a self-imposed crisis.

    The government has spent NZ$507.3 million on cancelled iReX ferry plans, the country’s fleet has an average age of 28 years, and the earliest New Zealanders can hope for promised replacements is 2029.

    The Marlborough Chamber of Commerce warns unreliable ferries already shake tourist confidence. Several more years of duct-tape solutions won’t help.

    The recent pattern of breakdowns and cancellations has become so routine that New Zealand risks normalising what should be viewed as a national crisis: a serious infrastructure failure.

    It is also a textbook example of how short-term political cycles, coupled with chronic under-investment, create far more expensive problems than the ones they promise to solve.

    Cost blowouts

    While ministers claim to have spared taxpayers a $4 billion blowout on new ferries, Treasury papers show almost 80% of the cost escalation lay in seismic upgrades for wharves, not in the vessels themselves. Those land-side works will be required no matter what ferries the country eventually orders.

    Justifying the original contract cancellation, Finance Minister Nicola Willis quipped that iReX was a Ferrari when a Toyota Corolla would do. But the cost of finding a suitable Corolla is adding up fast.

    Annual maintenance costs are projected to nearly double to $65 million, just to keep the existing ageing ferries running. Additionally, $300 million had to be earmarked to cover fees for breaking the original ferry replacement contract.

    By retiring the Aratere this year – New Zealand’s only rail-capable ferry – the government is also severing the interisland rail link for almost five years.

    KiwiRail will “road-bridge” rail freight, an expensive workaround that involves loading train cars onto trucks, putting those trucks on ferries, then reversing the process at the other end. This will increase truck traffic, produce more emissions and add more wear to already strained infrastructure.

    Forcing more than $14 billion worth of annual freight from rail to road could also negatively affect New Zealand’s climate change commitments. Freight moved by rail generates only about 25% of the CO₂ per tonne-kilometre of the same load produced when hauled by truck.

    The cancelled hybrid ferries would have also cut emissions by 40%. Instead, New Zealand is locking in higher emissions for another half decade or longer.

    Unrealistic timelines

    The ferry saga reflects New Zealand’s infrastructure problem in a nutshell. The country tends to underestimate costs, create unfeasible timelines, then shows dismay when projects blow up or limp home at double the price.

    Auckland exemplifies the pattern. The city has seen decades of cancelled harbour crossing proposals and a scrapped light rail project, with nothing to show but consultancy fees.

    When New Zealand does build –Transmission Gully, for example – the final bill bears little resemblance to initial quotes. The 27 kilometre motorway north of Wellington was nearly 50% over budget and took eight years to build – two years longer than promised.

    The systematic underestimation of costs reflects a flawed approach to infrastructure planning. Politicians need quick wins within three-year electoral cycles, while infrastructure projects take decades to deliver.

    Projects are approved based on lowball estimates, with the outcome inherited by another administration. This has crossed party lines and created a system that rewards short-term thinking and punishes long-term planning.

    Just consider the second crossing for Auckland Harbour. For 35 years, the government has commissioned study after study – from the 1988 tunnel plans to the 2010 business cases – each time backing away when the price tag appeared, or the government changed.

    The iReX cancellation marks the first time the government has actually signed contracts and then walked away. As with the second Auckland Harbour crossing, each delay has only made the inevitable solution more expensive.

    Other countries have, to a degree, addressed this problem. Infrastructure Australia, for example, provides independent cost assessments and long-term planning that transcends political cycles. New Zealand’s Infrastructure Commission, established in 2019, lacks similar teeth and independence.

    Ultimately this isn’t really about ferries. It’s about how New Zealand consistently fails to deliver, on time and at cost, the infrastructure that keeps its economy moving.

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

    – ref. NZ will soon have no real interisland rail-ferry link – why are we so bad at infrastructure planning? – https://theconversation.com/nz-will-soon-have-no-real-interisland-rail-ferry-link-why-are-we-so-bad-at-infrastructure-planning-260279

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Video: Gaza , Palestine, Lebanon & other topics – Daily Press Briefing (3 July 2025) | United Nations

    Source: United Nations (video statements)

    Noon Briefing by Stéphane Dujarric, Spokesperson for the Secretary-General.

    Highlights:
    Secretary-General/Trip Announcement
    Deputy Secretary-General
    Gaza 
    Occupied Palestinian Territory
    Lebanon
    Cyprus
    Ukraine
    Russia
    Senior Personnel Appointment  
    Yemen
    Global Risk Report
    International Days
    Financial Contribution

    SECRETARY-GENERAL/TRIP ANNOUNCEMENT
    The Secretary-General will be arriving in Rio de Janeiro, Brazil, to attend the 17th Summit of the BRICS countries.
    The Secretary-General has been invited to speak at an outreach session on “Strengthening multilateralism, economic-financial affairs and artificial intelligence”, that will take place on Sunday, 6 July. On Monday, 7 July, he will address a second outreach session, on “Environment, COP30 and global health.”
    During his visit, the Secretary-General will also be having meetings with various leaders who are attending the BRICS Summit and we will share those readouts with you.

    DEPUTY SECRETARY-GENERAL
    Our Deputy Secretary-General, Amina Mohammed, returned to Seville today for the closing of the Fourth International Conference on Financing for Development (FFD4).
    At the closing with Prime Minister Pedro Sanchez of Spain, she underscored the consensus around the Seville Agreement as a demonstration of multilateralism in action — with actions to close the SDG financing gap, address the debt crisis, and reform the international financial architecture. She recognized the more than 100 initiatives launched on the Sevilla Platform for Action, including solidarity levies on private jets and first-class travel to generate new resources for sustainable development.
    She said that the UN will be operationalizing a Seville Forum on Debt to help countries learn from one another and coordinate their approaches in debt management and restructuring; that forum will be supported by Spain.
    She called for FFD4 to be remembered not only as a conference that responded to crisis, but as the moment the world chose cooperation over fragmentation, unity over division, and action over inertia.
    Tomorrow, she will travel to Praia, Cabo Verde, to take part in celebrations marking the 50th anniversary of the country’s independence.

    GAZA 
    The Secretary-General is appalled by the deepening humanitarian crisis in Gaza. Multiple attacks in recent days hitting sites hosting displaced people and people trying to access food have killed and injured scores of Palestinians. The Secretary-General strongly condemns the civilian loss of life. 
    In just one day this week, Israeli orders to relocate forced nearly 30,000 people to flee, yet again, with no safe place to go and clearly inadequate supplies of shelter, food, medicine or water.
    International humanitarian law is unambiguous: civilians must be respected and protected, and the needs of the population must be met.
    With no fuel having entered Gaza in more than 17 weeks, the Secretary-General is gravely concerned that the last lifelines for survival are being cut off. Without an urgent influx of fuel, incubators will shut down, ambulances will be unable to reach the injured and sick, and water cannot be purified. The delivery by the United Nations and partners of what little of our lifesaving humanitarian aid is left in Gaza will also grind to a halt. 
    He once again calls for full, safe and sustained humanitarian access so aid can reach people who have been deprived of the basics of life for far too long. The UN has a clear and proven plan, rooted in the humanitarian principles, to get vital assistance to civilians – safely and at scale, wherever they are. 
    The Secretary-General reiterates that all parties must uphold their obligations under international law. He renews his call for an immediate permanent ceasefire and for the immediate and unconditional release of all hostages held by Hamas and other groups. 

    Full Highlights:
    https://www.un.org/sg/en/content/noon-briefing-highlight?date%5Bvalue%5D%5Bdate%5D=03%20July%202025

    https://www.youtube.com/watch?v=9CJL7IZOkzs

    MIL OSI Video –

  • MIL-OSI Africa: Nigerian business leverage African Continental Free Trade Area (AfCFTA) to grow the country’s intra-African trade opportunities

    Source: APO – Report:

    Nigeria is working towards fast-tracking implementation of the African Continental Free Trade Area (AfCFTA) to unlock opportunities for businesses in the country across the continent.

    Nigeria’s Minister of the Federal Ministry of Industry, Trade and Investment, Hon. Jumoke Oduwole noted that intra-African trade has been improving.

    “Intra African trade exports grew by over 13% from last year supported by new trade corridors and the initial success of AfCFTA’s guideline initiatives. Nigerian businesses are already key participants, exporting, ceramics, garments, pharmaceuticals and agro products across the continent,” Hon. Jumoke said in a keynote address to government officials, the Nigerian trade community, business leaders and investors attending the Nigeria IATF2025 Business Roadshow.

    “As we talk about expanding and unlocking new trade markets, we must recognize the creative economy as a serious trade frontier. Platforms such as Creative Africa Nexus (CANEX) led by Afreximbank are proving that African culture is bankable not just beautiful.” She added.

    The event that was attended by over 700 people focused on promoting intra-African trade under the theme: ‘Harnessing Regional and Continental Value Chains: Accelerating Africa’s Industrialisation and Global Competitiveness through AfCFTA.’

    The Nigeria IATF2025 roadshow is one of the five in a series of five high-level events in key cities including Nairobi, Accra, Johannesburg, and Algiers ahead of the fourth edition of the biennial Intra-African Trade Fair (IATF) that will be held in Algiers, Algeria from 4 – 10 September 2025 under the theme ‘Gateway to New Opportunities’. IATF is Africa’s premier trade and investment event that serves as a crucial platform for fostering economic growth, collaboration, and innovation across the continent.

    Addressing the forum, Executive Director/CEO of the Nigerian Export Promotion Council (NEPC), Nonye Ayeni noted that IATF offers an unparalleled platform for the exchange of trade and investment information and is Africa’s marketplace of ideas, opportunities, and partnerships.

    “With frameworks like AFCFTA and platforms like IATF we now have the tools to bridge the trade gap, boost Intra African trade and tremendously grow our economies in a sustainable and inclusive way. We need to build structured, sustainable and competitive value chains that can power inclusive growth both here in Nigeria and across the continent in Africa. We know that AfCFTA promises to be the largest single market in the world, connecting 1.3 billion people across 54 countries in Africa,” Ms Ayeni said.

    Building on this, Executive Vice President, Intra-African Trade and Export Development at Afreximbank, Mrs. Kanayo Awani highlighted the tangible results borne out of the trade fair across the continent and in Nigeria specifically.

    “In just three editions, IATF has achieved what once felt aspirational: over $100 billion in trade and investment deals, more than 70,000 participants, and 4,500+ exhibitors from across 130 countries. This is not just a conference, it is Africa’s trade engine, designed to connect our producers, unlock demand, and operationalise the promise of the AfCFTA. And in every edition—whether in Cairo, Durban, or beyond, Nigeria has not just participated. Nigeria has led. At IATF2023 alone, Nigerian enterprises generated over $11 billion in signed deals, the highest of any country,” Mrs Awani added.

    IATF is a platform for boosting trade and investment in Africa. The last edition held in Cairo attracted nearly 2,000 exhibitors from 65 countries and generated US$43.7 billion in trade and investment deals.

    Some of the activities lined up for the week-long IATF2025 include a trade exhibition by countries and businesses; the CANEX programme with a dedicated exhibition and summit on fashion, music, film, arts and craft, sports, literature, gastronomy and culinary arts; a four-day Trade and Investment Forum featuring leading African and international speakers; and the Africa Automotive Show for auto manufacturers, assemblers, original equipment manufacturers and component suppliers.

    Special Days will also be held at IATF2025, dedicated for countries as well as public and private entities to showcase trade and investment opportunities, and tourism and cultural attractions, as well as Global Africa Day to highlight commercial and cultural ties between Africa and its diaspora, featuring a Diaspora Summit, market and exhibition, cultural and gastronomic showcase.

    Also planned is a business-to-business (B2B) and business-to-government (B2G) platform for matchmaking and business exchanges; the AU Youth Start-Up programme showcasing innovative ideas and prototypes; the Africa Research and Innovation Hub @ IATF targeting university students, academia and national researchers to exhibit their innovations and research projects; the Trade Exhibition offering large corporations and SME’s the opportunities to showcase their goods and services, the Trade and Investment Forum, a four day conference featuring sessions and training discussing trade opportunities and barriers.

    Others include the Creative Africa Nexus (CANEX), a showcase of African and Diaspora creative talent, the Special Days segment offering countries, private and public sectors the opportunity to sponsor their special event on specific days, the Africa Automotive show, a platform for auto manufacturers to exhibit their products and interact with potential buyers, IATF Virtual, an interactive online platform that will continue after the live event is over, Diaspora Day highlighting the commercial and cultural ties between Africa and its diaspora and the African Sub-Sovereign Governments Network (AfSNET) to promote trade, investment, educational and cultural exchanges at the local level. The IATF Virtual platform is already live, connecting exhibitors and visitors throughout the year.

    To participate in IATF2025 please visit www.IntrAfricanTradeFair.com.

    – on behalf of Afreximbank.

    Media contact:
    media@intrafricatradefair.com 
    press@afreximbank.com

    About the Intra-African Trade Fair:

    Organised by African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, the Intra-African Trade Fair (IATF) is intended to provide a unique platform for facilitating trade and investment information exchange in support of increased intra-African trade and investment, especially in the context of implementing the African Continental Free Trade Agreement (AfCFTA). IATF brings together continental and global players to showcase and exhibit their goods and services and to explore business and investment opportunities in the continent. It also provides a platform to share trade, investment and market information with stakeholders and allows participants to discuss and identify solutions to the challenges confronting intra-African trade and investment. In addition to African participants, the Trade Fair is also open to businesses and investors from non-African countries interested in doing business in Africa and in supporting the continent’s transformation through industrialisation and export development.

    Media files

    .

    MIL OSI Africa –

  • MIL-OSI USA: Fourleaf Air Show at Jones Beach Over July 4th Weekend

    Source: US State of New York

    overnor Kathy Hochul, the New York State Office of Parks, Recreation and Historic Preservation and FourLeaf Federal Credit Union today announce that the annual FourLeaf Air Show at Jones Beach will take place on Sunday, July 5 and Monday, July 6 of 2026 as part of the Semiquincentennial (250th) celebration of the United States.

    “To celebrate our nation’s 250th birthday, we are excited to hold the FourLeaf Air Show at Jones Beach over Fourth of July Weekend to be part of an amazing semiquincentennial celebration in New York,” Governor Hochul said. “The air show is a popular summer tradition that millions of New Yorkers and visitors alike have enjoyed throughout its history. I encourage all to get offline, get outside and take advantage of these opportunities to enjoy all the unique recreational activities that New York has to offer.”

    Traditionally the air show is held on Memorial Day Weekend at Jones Beach State Park. The change of date for the 2026 FourLeaf Air Show at Jones Beach will occur in conjunction with Fleet Week New York which has also moved from Memorial Day Weekend to the July 4th Weekend. The United States Navy Blue Angels have announced that they will headline the air show in 2026 as part of the celebration and it is expected that there will be many additional military performers, as well as internationally known civilian aerobatic performers.

    New York State Parks Commissioner Pro Tempore Randy Simons said “What better way to celebrate the semiquincentennial in 2026 than with a great summer tradition on Long Island moved to the Fourth of July Weekend time period. Jones Beach State Park is a major recreational facility and the perfect location to spend this semiquincentennial celebration and enjoy all year round with family and friends.”

    FourLeaf Federal Credit Union President and CEO Linda Armyn said, “As the title sponsor of the FourLeaf Air Show at Jones Beach, we are thrilled to join New York State in celebrating our nation’s 250th birthday with our amazing air show on the July 4th weekend. This is a once-in-a-generation milestone, and we are proud to showcase the spirit of freedom, innovation, and community that the air show embodies. It will be an unforgettable weekend of awe-inspiring aviation and patriotic pride, as we honor our nation’s legacy and future.”

    The 2025 FourLeaf Air Show at Jones Beach saw over 300,000 attendees despite overcast and cool temperatures. The attendees also generated $35.8 million in potential economic impact, further highlighting the air show’s impact on the local economy and regional tourism.

    Although the air show will not take place Memorial Day weekend in 2026, Jones Beach State Park will still host events that weekend to continue the tradition of honoring those that have paid the ultimate sacrifice for our country. The FourLeaf Air Show will return on Memorial Day Weekend in 2027.

    The New York State Office of Parks, Recreation and Historic Preservation oversees more than 250 parks, historic sites, recreational trails, golf courses, boat launches and more, and welcomes over 88 million visitors annually. For more information on any of these recreation areas, visit  parks.ny.gov, download the free NY State Parks Explorer app  or call 518.474.0456. Connect with us on  Facebook, Instagram, X, LinkedIn, the  OPRHP Blog or via the OPRHP Newsroom.

    MIL OSI USA News –

  • MIL-OSI: Safe Money Report Releases 2025 Strategic Update on Wealth Protection Amid the Age of Chaos

    Source: GlobeNewswire (MIL-OSI)

    Miami, July 03, 2025 (GLOBE NEWSWIRE) —

    SECTION 1 – Introduction

    The global investment landscape is undergoing a historic shift, creating an urgent need for action. Amid inflationary pressures, geopolitical disruption, and conflicting signals from financial markets, individual investors are facing mounting uncertainty. In what financial analyst Martin Weiss terms the “Age of Chaos,” the traditional rules of investing are being challenged by rapid technological change, shifting fiscal policies, and evolving global alliances.

    Recent market anomalies underscore this volatility. Breakout earnings reports from leading tech firms have been met with unexpected stock declines. Gold prices are climbing even as investor sentiment wavers. Meanwhile, the U.S. dollar, which has been an extended global stabilizer, is facing pressure from currency realignment and prolonged fiscal imbalances. These conditions have raised urgent questions about how to preserve capital in a climate where risk is no longer easily defined.

    Online search behavior reflects the public’s growing concern. Queries related to “wealth protection,” “safe investments 2025,” and “inflation hedge strategies” have surged in recent months. Investors are actively seeking data-backed, non-promotional insights that go beyond market speculation. They are asking not just whether to buy or sell, but how to realign long-term strategies to weather sustained volatility.

    Against this backdrop, Safe Money Report has issued a 2025 update anchored in historical precedent, analytics-driven methodologies, and principles of liquidity and independence. The practicality of this update, designed to provide a reassuring reference point for investors seeking clarity in an era marked by unpredictability, instills confidence in their investment decisions.

    Further details are available through Weiss Ratings’ official publications.

    SECTION 2 – Company/Product Announcement

    In response to a wave of economic disruption and growing investor uncertainty, Safe Money Report has released a 2025 update outlining its strategic six-step framework for navigating what it terms the “Age of Chaos.” The announcement, developed by financial analyst Martin Weiss and backed by over five decades of market observation, builds on Weiss Ratings’ independent, data-driven model for assessing asset stability across multiple sectors, ensuring the objectivity and security of the analysis.

    The six-part strategy addresses key areas of concern voiced in public discourse and reflected in market behavior, including asset liquidity, portfolio exposure, inflation hedging, digital currency volatility, and the future role of alternative asset classes, such as farmland. Each step is designed to provide a comprehensive approach to wealth protection, emphasizing flexible, research-backed principles that investors can consider when evaluating current holdings or future positions.

    Central to the 2025 release is Weiss Ratings’ algorithmic model — a platform that draws on over 100 years of financial data, tens of thousands of data points per security, and a proprietary ratings system designed to function without external influence. This model, which has historically identified key turning points such as the 2008 financial crisis and the dot-com collapse, provides a non-emotional analytical foundation during periods of extreme volatility, making it a reliable tool for investors.

    According to the update, the new economic environment demands adaptability. The Weiss framework encourages investors to consider criteria such as daily trading volume, institutional-grade liquidity thresholds, and historical resilience under inflationary conditions. For instance, by analyzing the daily trading volume of a stock, investors can gauge its market liquidity and potential for quick sale. The six-step approach, informed by both traditional economic indicators and emerging signals from non-traditional sectors, is intended to serve as an informational resource for those seeking to safeguard long-term wealth in an unstable market.

    While the Safe Money Report refrains from offering personalized investment advice, its publication highlights a growing demand for independent analysis untethered from mainstream market narratives. In 2025, this release marks a structured effort to equip investors with data-driven perspectives, historical context, and systematized risk awareness, tailored to an era where market conditions remain in constant flux.

    SECTION 3 – Trend Analysis / Consumer Interest Overview

    Across public forums, financial news outlets, and digital search trends, one theme dominates the investor landscape in 2025: uncertainty. Search engine data indicates a growing interest in phrases such as “how to protect retirement from inflation,” “market chaos strategy,” and “safe asset classes.” Investors are actively seeking guidance that does not rely on speculative commentary or unverified opinions, but rather on grounded historical analysis and algorithmic insights.

    The term “Age of Chaos,” now gaining visibility among financial audiences, encapsulates this emerging outlook. Rather than focusing solely on individual asset classes or geopolitical events, it suggests a broader, systemic volatility — one marked by unpredictable policy shifts, economic fragmentation, and compressed investment cycles. In this context, traditional long-term assumptions about market recovery and asset correlation are increasingly being questioned.

    The Safe Money Report identifies this shift not as a short-term anomaly but as a structural transformation in how risk is perceived. Evidence from past crises, including the 2008 banking collapse and the 2000–2003 tech correction, supports the premise that periods of instability are often accompanied by brief rallies, followed by deeper contractions. Today’s landscape — with its rising gold prices, fluctuating technology stock valuations, and increasing attention to digital assets — is exhibiting similar characteristics.

    In response, public commentary has begun to focus more on portfolio positioning strategies that account for non-linear risks. Liquidity has become a key topic of discussion. Investors are increasingly skeptical of hard-to-exit assets or overly complex instruments, and instead are seeking investments that are simple to understand, transparent in structure, and easily adjusted.

    The current environment has also sparked a broader reevaluation of what constitutes “safe” investment behavior. As interest in central bank policy, dollar stability, and alternative currencies grows, so too does demand for analytical tools that can decode macroeconomic volatility without bias. This is where platforms like Weiss Ratings, which avoid promotional partnerships or external incentives, are seeing increased engagement. Rather than promise outcomes, these tools aim to provide frameworks for understanding the evolving nature of economic risk and market fragility.

    The full research update is accessible via Weiss Ratings’ publicly released materials.

    SECTION 4 – Spotlight on Strategic Components: Six Data-Driven Focus Areas

    The Safe Money Report 2025 framework is built on six primary focus areas that reflect long-standing economic signals and current shifts in asset behavior. Each has been selected not as a prediction vehicle, but as a lens through which to assess investment resilience amid ongoing volatility.

    1. Liquidity and Flexibility Screening

    At the foundation of the report’s framework is the principle of asset liquidity. Investments that can be easily entered or exited are central to maintaining financial agility in uncertain markets. Metrics such as average daily trading volume and minimum market capitalization thresholds are used as filters — not guarantees — to evaluate accessibility under rapidly changing conditions.

    2. Risk-Based Stock Ratings

    The Weiss Ratings model evaluates thousands of publicly traded companies against a range of stability and performance indicators. Stocks with consistently low ratings have been highlighted in recent communications as potentially vulnerable during periods of macroeconomic strain. These assessments are driven entirely by data inputs and proprietary scoring algorithms, without promotional intent.

    3. Historical Inflation Hedges: Gold

    Gold’s historical role as a hedge against currency devaluation and inflation has positioned it as a recurring area of interest in times of fiscal pressure. The report outlines this trend in neutral terms, citing past monetary shifts, such as the end of the gold standard in 1971, and their correlation with gold’s upward movement, without speculating on future pricing or returns.

    4. Market Signal Volatility and Emerging Asset Modeling

    As part of its broader modeling approach, Weiss Ratings includes observational data sets related to non-traditional asset classes, particularly those exhibiting high volatility cycles and inconsistent correlation with legacy financial indices. These asset categories, while not universally defined or adopted across institutions, have gained visibility in academic and research environments due to their periodic divergence from traditional investment patterns.

    The Safe Money Report includes this segment solely to acknowledge the role of high-variance instruments within volatility forecasting models. No investment recommendations or endorsements are provided. All data references are based on cyclical trends and historical behavior patterns without forward-looking claims or speculative commentary.

    5. Farmland and Alternative Real Estate

    Global agricultural land, particularly regions with low natural disaster risk and high food production capacity, is discussed as a long-term value store. Rather than promoting real estate purchases, the update highlights macroeconomic data suggesting increasing institutional interest in land-based assets during trade disruptions or currency weakness.

    6. Data-Guided Diversification Principles

    The sixth focus area emphasizes neutrality and independence in asset selection. Rather than relying on prevailing narratives or media sentiment, the report advocates for a systematic approach to evaluating diversification strategies through unbiased, long-term data modeling.

    These six pillars are not presented as guarantees or recommendations, but rather as analytical categories shaped by historical precedent and current volatility. Their inclusion reflects Safe Money Report’s effort to provide investors with structured context in the absence of certainty.

    SECTION 5 – Public Interest and Market Tone

    Recent shifts in online investor communities indicate a growing interest in frameworks that prioritize objectivity over speculation. While social media and financial forums remain saturated with short-term forecasts and high-frequency commentary, a parallel conversation has emerged: one centered on navigating prolonged uncertainty with data-first tools and historically grounded insights.

    Within this context, Safe Money Report has seen renewed interest from readers seeking clarity in what many now label an “unreadable” or “irrational” market. The term “Age of Chaos” itself has become a focal point in these discussions — a metaphor not only for economic conditions, but also for the perceived breakdown of traditional investing norms. Observers note that price action often diverges from fundamentals, with events such as strong earnings reports followed by market declines, or bullish policy moves met with retreat in equity indices. This disconnect has led many to seek out alternative interpretive models that are rooted in quantitative research rather than commentary.

    Feedback trends suggest that investors are especially drawn to the idea of rules-based frameworks, not as a way to predict market movements, but as a method for insulating decision-making from emotional swings. Terms like “bias-free ratings,” “independent signals,” and “data over headlines” are increasingly cited in discussions about financial preparedness. This echoes a wider public concern: how to plan responsibly when both optimism and pessimism seem unreliable as guiding principles.

    Additionally, the public narrative is shifting from short-term return maximization to long-term asset preservation. As attention to inflation rises and skepticism grows about centralized financial messaging, more investors are expressing interest in strategies that emphasize structural safety: liquid equities, tangible assets, and diversified exposure to sectors less correlated with traditional stock indices.

    While the Safe Money Report does not offer personalized advice, its model portfolio and analytical reports are gaining traction among those who view historical modeling and independent oversight as preferable alternatives to market-timed trading or sentiment-driven speculation. The ongoing reception appears to reflect a growing consensus that durable frameworks — even those without guarantees — may be the most practical tools available in navigating a market that no longer adheres to familiar rules.

    A comprehensive overview of the six-part methodology is featured in Weiss Ratings’ latest release.

    SECTION 6 – Availability and Transparency Statement

    The full 2025 strategic update from Safe Money Report, including its six-part framework for navigating market volatility, is now available to the public through Weiss Ratings. The content is designed for informational purposes only and is based entirely on independently developed research methodologies. It does not represent personalized investment advice, financial guarantees, or any form of promotional solicitation.

    Weiss Ratings remains privately held and operates without advertising sponsorships, ensuring that no outside party influences the analysis or ratings it provides. All insights contained within the Safe Money Report are driven by proprietary algorithms and long-range historical data, not market trends or promotional partnerships.

    Readers seeking further context can consult Weiss Ratings’ published materials, which detail the firm’s algorithmic modeling practices, asset evaluation methodologies, and archived forecasting studies. These resources are designed to support informed investor decision-making in environments where traditional predictive models may no longer be applicable.

    The current update reflects an ongoing commitment to data transparency, neutral positioning, and accessibility in financial analysis. It is one of several recurring informational releases Weiss Ratings makes available to the investing public.

    SECTION 7 – Final Observations & Industry Context

    The release of the Safe Money Report 2025 update arrives during a period when investor expectations are being reshaped by prolonged volatility and skepticism toward traditional market narratives. From institutional investors to retail market participants, the demand for data-backed, transparent, and independent frameworks continues to accelerate. The appetite for actionable intelligence has not disappeared, but the threshold for credibility has evolved.

    A defining trend across the financial industry is the growing rejection of opaque product offerings and media-driven investment cycles. In their place, clean-label strategies — rooted in historical precedent, accessible metrics, and conflict-free evaluation — have gained ground. The Safe Money Report, developed under the Weiss Ratings system, reflects this trend by prioritizing algorithmic transparency and long-term analysis over opinion-based guidance.

    In the broader ecosystem of financial research, independent ratings firms have become more relevant to both institutional and private investors seeking to avoid exposure to promotional conflicts of interest. The events of the past two decades — including multiple financial crises, asset bubbles, and regulatory failures — have underscored the importance of analytical models that operate outside the sphere of influence held by banks, brokers, and fund managers.

    As 2025 progresses, the challenges facing investors appear less likely to be resolved by short-term optimism and more likely to demand frameworks grounded in realism and historical literacy. The Safe Money Report release, while not prescriptive, contributes to this shift by presenting a systematic view of market behavior and economic fragility — one shaped by data, tested by precedent, and delivered with complete transparency.

    SECTION 8 – Public Commentary Theme Summary

    As conversations surrounding the “Age of Chaos” accelerate across financial forums, publications, and informal investor networks, several recurring themes have emerged — many reflecting heightened uncertainty. In contrast, others suggest cautious optimism rooted in historical precedent.

    Some observers have noted a growing disconnect between market fundamentals and short-term price behavior. This has led to broader discussions around the value of tools that prioritize data objectivity over media-driven sentiment. In particular, public interest is shifting toward ratings frameworks and risk models that operate without promotional sponsorship or institutional bias.

    Others have expressed concern about the reliability of traditional guidance in the current environment. With central banks pursuing varied monetary responses, geopolitical tensions disrupting supply chains, and asset correlations shifting unpredictably, many investors are raising questions about the long-term viability of conventional portfolio allocations.

    At the same time, a recurring discussion point involves the search for inflation hedges and value preservation strategies outside of traditional equities. Farmland, digital assets, and precious metals are increasingly appearing in public discourse, not as speculative investments, but as part of broader diversification conversations.

    Still, skepticism remains. Some have raised valid concerns about the feasibility of applying historical frameworks to modern market structures, which are shaped by artificial intelligence, algorithmic trading, and global interdependence. While historical case studies can offer context, not all investors agree on their applicability in an age of technological acceleration.

    A consensus has emerged, recognizing uncertainty as the default condition, rather than the exception. As a result, discussions continue to explore the potential of frameworks — such as those presented in the Safe Money Report — to help make sense of a market where volatility is not temporary, but structural.

    SECTION 9 – About the Company

    Founded in 1971 by Martin D. Weiss, Weiss Ratings is an independent financial research and ratings organization that delivers data-driven analysis of stocks, mutual funds, ETFs, banks, and insurance companies. The firm maintains a conflict-free model, accepting no advertising or compensation from the companies it evaluates. Its proprietary ratings system is based on more than a century of market history and thousands of performance indicators.

    Weiss Ratings aims to provide investors with transparent, algorithm-based tools that support informed financial decisions in uncertain market environments. Its methodologies are designed to operate independently of institutional influence, emphasizing data integrity and long-term historical context.

    Weiss Ratings does not provide treatment, personalized investment advice, or diagnostic financial services. All published material is for informational purposes only and intended for a general audience.

    Contact:

    The MIL Network –

  • MIL-OSI: DRML Miner: Discover the New XRP Cloud Mining Platform With Zero-Cost Mining, Daily Income, and Lucrative Referral Rewards

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 03, 2025 (GLOBE NEWSWIRE) — A Fresh Opportunity in XRP Mining

    The cryptocurrency landscape continues to change, and within that, XRP remains one of the top crypto assets. Many find themselves looking for ways to increase their holdings without spending a ton of cash. In this respect, DRML Miner, a new and powerful XRP cloud mining platform which offers, essentially, cost-free mining, consistent daily income, and a referral program that could enhance and expedite your passive income.

     

    Zero-Cost Mining: No Expensive Hardware Needed

    Most people don’t mine cryptocurrencies because of the high up-front cost. Buying mining rigs, GPUs, and having a proper cooling system will run anyone thousands of dollars. Then there is the electricity bill. DRML Miner solves this problem completely. With zero-cost mining, you don’t buy or maintain any hardware. All mining operations run securely on the cloud. You simply sign up, activate your mining session, and watch your XRP grow.

    This approach removes the usual barriers. Now anyone can mine XRP from their smartphone or laptop. Whether you’re a student, a busy professional, or even someone retired, it’s a seamless way to start building digital wealth.

    Enjoy Consistent Daily Income

    Unlike speculative trading, mining gives you predictable returns. DRML Miner pays you daily. As soon as you start mining, your balance grows every 24 hours. The platform automatically credits your mined XRP into your account. No waiting weeks or months for payouts.

    This daily income can be a fantastic way to steadily accumulate XRP, which many believe has long-term potential. For users looking to diversify their portfolio or hedge against market swings, this consistent cash flow is extremely attractive.

    Maximize Earnings With the Referral Program

    DRML Miner doesn’t stop at mining. It rewards you for spreading the word. Through its referral program, you can invite friends, family, or your online followers. When they start mining, you receive a commission from their earnings. This means more XRP rolling into your wallet, without any extra mining effort on your side.

    Many users have turned this into a second income stream. By sharing their referral link on social media or blogs, they earn even when they are sleeping. The more people you bring in, the larger your passive income becomes.

    Top-Notch Security and Privacy

    Security is first and foremost when it comes to crypto. DRML Miner knows this and they have a comprehensive safety strategy in place to protect your funds and your personal information. Clock your head enough to know that your cryptocurrency holdings are secured with a combination of encrypted transactions and verified user authentication. 

    The platform also respects your privacy; the only user data they collect is minimal and absolutely necessary for operating your mining account. They keep your earnings and transaction information confidential which is important for peace of mind.

    User-Friendly Dashboard for Everyone

    One of DRML Miner’s strengths is its clean and intuitive dashboard. Even if you’ve never mined before, you’ll understand everything in minutes. From tracking your mining speed to checking daily payouts and managing referrals, it’s all there in one place.

    There are no complicated graphs or technical jargon to confuse you. Clear menus and simple reports ensure you stay informed and in control. This accessibility makes DRML Miner suitable for both newbies and seasoned crypto fans.

    How to Get Started With DRML Miner

    Launching your mining journey takes only a few simple steps:

    1. Register your account at https://drmlminers.com/. Fill in your details and verify your email.
    2. Log in and activate mining. With a single click, start your mining session.
    3. Watch your XRP grow daily. Your wallet fills automatically every 24 hours.
    4. Invite friends and earn more. Share your referral link and increase your passive income.

    No hidden fees. No long learning curve. You’ll start seeing XRP in your balance almost immediately.

    Why Choose DRML Miner Over Other Platforms?

    With so many crypto platforms out there, what makes DRML Miner special? Here’s a quick summary:

    • Absolutely zero hardware costs. No buying rigs or paying sky-high power bills.
    • Daily payments. Enjoy regular income instead of waiting for quarterly or monthly payouts.
    • Strong referral incentives. Earn extra XRP by inviting others.
    • Rock-solid security. Your data and digital assets stay protected.
    • Easy-to-use interface. Anyone can mine XRP effortlessly.

    Whether your goal is to build a long-term XRP portfolio or simply generate daily passive income, DRML Miner fits perfectly.

    Conclusion: Start Mining XRP the Smart Way

    DRML Miner is more than just another cloud mining service. It’s an opportunity to join the booming XRP market without heavy upfront costs or technical headaches. With zero-cost mining, guaranteed daily income, and a profitable referral program, it checks all the boxes for a smart crypto earning strategy.

    Don’t wait on the sidelines. Sign up for https://drmlminers.com/ today and turn your laptop or phone into an XRP mining machine. Grow your digital assets with minimal effort and maximum security. Your future in crypto could start right now with DRML Miner.

    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. 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: Banzai Announces Reverse Split

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, July 03, 2025 (GLOBE NEWSWIRE) — Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, today announced that effective at market open on July 8, 2025, the Company will effect a one-for-ten (1 for 10) reverse stock split of its outstanding Class A Common Stock and Class B Common Stock (together with the Class A Common Stock, the “Common Stock”).

    The reverse stock split is primarily intended to increase the per share price of Banzai’s Class A Common Stock and maintain compliance with the Nasdaq Minimum Bid Price Requirement. The Company’s Class A Common Stock will continue to trade under the symbol “BNZI”. Upon the effectiveness of the reverse stock split, every ten shares of issued and outstanding Common Stock before the open of business on July 8, 2025, will be combined into one issued and outstanding share of common stock, with no change in par value per share. The Company’s Class A Common Stock will open for trading on Nasdaq on July 8, 2025, on a post-split basis but will trade under a new CUSIP Number, 06682J407.

    Prior to the reverse stock split, there were 22,374,739 shares of Class A Common Stock and 2,311,134 shares of Class B Common Stock outstanding. The number of issued and outstanding shares of Common Stock after the reverse stock split would be approximately 2,237,474 and 231,113 shares of Class A Common Stock and Class B Common Stock, respectively. No fractional shares will be issued as a result of the reverse stock split. Any fractional shares that would result from the reverse stock split will be rounded up to the nearest whole share.

    The reverse stock split will affect all issued and outstanding shares of the Company’s Common Stock, as well as the number of shares of Common Stock available for issuance under the Company’s stock options and warrants. In addition, the reverse stock split will reduce the number of shares of Common Stock issuable upon the exercise of stock options and warrants outstanding immediately prior to the reverse split and correspondingly increase the respective aggregate exercise prices. The reverse stock split will affect all holders of Common Stock uniformly and will not alter any shareholder’s percentage interest in the Company’s Common Stock, except to the extent that the reverse stock split results in some shareholders experiencing an adjustment of a fractional share as described above.

    Shareholders holding share certificates will receive information from Continental Stock Transfer & Trust Company, the Company’s transfer agent, regarding the process for exchanging their shares of common stock. Shareholders with questions may contact our transfer agent by calling 800-509-5586.

    About Banzai

    Banzai is a marketing technology company that provides AI-enabled marketing and sales solutions for businesses of all sizes. On a mission to help their customers grow, Banzai enables companies of all sizes to target, engage, and measure both new and existing customers more effectively. Banzai has over 90,000 customers including RBC, Dell Technologies, New York Life, Thermo Fisher Scientific, Thinkific, and ActiveCampaign. Learn more at www.banzai.io. For investors, please visit https://ir.banzai.io.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as “believe,” “may,” “will,” “estimate,” “target,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “propose,” “plan,” “project,” “forecast,” “predict,” “potential,” “seek,” “future,” “outlook,” and similar variations and expressions. Forward-looking statements are those that do not relate strictly to historical or current facts. Examples of forward-looking statements may include, among others, statements regarding Banzai International, Inc.’s (the “Company’s”): future financial, business and operating performance and goals; annualized recurring revenue and customer retention; ongoing, future or ability to maintain or improve its financial position, cash flows, and liquidity and its expected financial needs; potential financing and ability to obtain financing; acquisition strategy and proposed acquisitions and, if completed, their potential success and financial contributions; strategy and strategic goals, including being able to capitalize on opportunities; expectations relating to the Company’s industry, outlook and market trends; total addressable market and serviceable addressable market and related projections; plans, strategies and expectations for retaining existing or acquiring new customers, increasing revenue and executing growth initiatives; and product areas of focus and additional products that may be sold in the future. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Forward-looking statements are not guarantees of future performance, and our actual results of operations, financial condition and liquidity and development of the industry in which the Company operates may differ materially from those made in or suggested by the forward-looking statements. Therefore, investors should not rely on any of these forward-looking statements. Factors that may cause actual results to differ materially include changes in the markets in which the Company operates, customer demand, the financial markets, economic, business and regulatory and other factors, such as the Company’s ability to execute on its strategy. More detailed information about risk factors can be found in the Company’s Annual Report on Form 10-K and the Company’s Quarterly Reports on Form 10-Q under the heading “Risk Factors,” and in other reports filed by the Company, including reports on Form 8-K. The Company does not undertake any duty to update forward-looking statements after the date of this press release.

    Investor Relations
    Chris Tyson
    Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    BNZI@mzgroup.us
    www.mzgroup.us

    Media
    Nancy Norton
    Chief Legal Officer, Banzai
    media@banzai.io

    The MIL Network –

  • MIL-OSI Security: Nine Charged with Alleged Scheme to Generate Revenue for North Korean Government and Its Weapons of Mass Destruction Program

    Source: US FBI

    Overseas operatives allegedly used stolen identities of American citizens to obtain remote jobs with U.S. companies, including Fortune 500 companies

    UPDATE: This press release was revised on July 3, 2025 to reflect that a 10th individual was charged in a separate charging document that was unsealed on July 2, 2025. 

    BOSTON – Nine individuals have been indicted in Boston, Mass. including one New Jersey man and eight overseas actors from China and Taiwan in connection with an alleged scheme to generate revenue for the Democratic People’s Republic of Korea (DPRK) weapons of mass destruction (WMD) programs. The alleged scheme involved the dispatchment of skilled information technology (IT) workers who, using stolen identities of U.S. persons, posed as domestic workers to obtain remote IT jobs with U.S. companies, including several Fortune 500 companies and a defense contractor.

    The following defendants have been indicted for their roles in the scheme, which generated at least $5 million in revenue for North Korea:  

    1. U.S. national Zhenxing “Danny” Wang of New Jersey;
    2. Chinese national Jing Bin Huang (靖斌 黄);
    3. Chinese national Baoyu Zhou (周宝玉);
    4. Chinese national Tong Yuze (佟雨泽);
    5. Chinese national Yongzhe Xu (徐勇哲 andيونجزهي أكسو), currently residing in the United Arab Emirates;
    6. Chinese national Ziyou Yuan (زيو), currently residing in the United Arab Emirates;
    7. Chinese national Zhenbang Zhou (周震邦);
    8. Taiwanese national Mengting Liu (劉 孟婷); and
    9. Taiwanese national Enchia Liu (刘恩)

    Zhenxing Wang was arrested earlier today in New Jersey. He will appear in federal court in Boston at a later date. A second U.S. national, Kejia “Tony” Wang of New Jersey, has also been charged in a separate charging document for his role in the scheme and has agreed to plead guilty.

    As alleged in court documents, in response to U.S. and U.N. sanctions, the DPRK government has dispatched thousands of skilled IT workers around the world, who stole identities of U.S. persons and posed as domestic workers to obtain remote IT jobs with U.S. companies and generate revenue for DPRK weapons of mass destruction WMD programs. The DPRK IT workers’ scheme involved the use of pseudonymous email, social media, payment platform and online job site accounts, as well as false websites, proxy computers, and third-party enablers in the United States and abroad. According to the court documents the IT workers employed under this scheme also gained access to sensitive employer data and source code, including International Traffic in Arms Regulations data from a California-based defense contractor that develops artificial intelligence-powered equipment and technologies

    “The threat posed by DPRK operatives is both real and immediate. Thousands of North Korean cyber operatives have been trained and deployed by the regime to blend into the global digital workforce and systematically target U.S. companies,” said United States Attorney Leah B. Foley. “We will continue to work relentlessly to protect U.S. businesses and ensure they are not inadvertently fueling the DPRK’s unlawful and dangerous ambitions.”

    “These schemes target and steal from U.S. companies and are designed to evade sanctions and fund the North Korean regime’s illicit programs, including its weapons programs,” said John A. Eisenberg, Assistant Attorney General for the Department’s National Security Division. “The Justice Department, along with our law enforcement, private sector, and international partners, will persistently pursue and dismantle these cyber-enabled revenue generation networks.”

    “The FBI will continue to work with our partners to expose and mitigate these fraudulent IT schemes and provide unwavering support to victims of North Korean cyber actors. While we have disrupted this group, this is merely the initial phase of the problem. The government of North Korea has trained and deployed thousands of IT workers to carry out similar schemes against U.S. companies daily. Protect your business by thoroughly vetting fully remote workers. The FBI strongly advises organizations to closely monitor their data, strengthen their remote hiring processes, and report any suspicious activity or fraud to the FBI,” said Rafik Mattar, Acting Special Agent in Charge of the Federal Bureau of Investigation (FBI), Las Vegas Division.

    “These Indictments should act as a deterrent for individuals and foreign entities attempting to illegally export critical defense information,” said John E. Helsing, Acting Special Agent in Charge for the Department of Defense Office of Inspector General, Defense Criminal Investigative Service (DCIS) Western Field Office. “DCIS will continue to work aggressively with our law enforcement partners and the Department of Justice to investigate and prosecute those who threaten our National Security and America’s Warfighters.”

    “This multiagency case demonstrates the power of law enforcement agencies collaborating to dismantle international fraudulent schemes involving technology,” said Shawn Gibson, Special Agent in Charge for Homeland Security Investigations (HSI) in San Diego. “Let this investigation prove that HSI will aggressively identify and bring to justice those who seek to steal intellectual property through illegal access to computer networks in order to financially profit and jeopardize U.S.-based businesses who have fallen victim to these actors.”

    According to the indictment, from approximately 2021 through October 2024, the defendants and other co-conspirators perpetuated a massive fraud scheme resulting in the transmission of false and misleading information to dozens of U.S. companies, financial institutions, and government agencies, including the Department of Homeland Security (DHS), the Internal Revenue Service (IRS), and the Social Security Administration (SSA). Specifically, these defendants and their co-conspirators allegedly compromised the identities of more than 80 U.S. persons; fraudulently obtained remote jobs at more than 100 U.S. companies, including several Fortune 500 companies and a cleared defense contractor; received laptops and other hardware from U.S. companies; accessed, without authorization, the internal systems of these U.S. companies, including sensitive employer data and source code; generated at least $5 million in revenue for the overseas IT workers; and caused U.S. victim companies to incur legal fees, computer network remediation costs, and other damages and losses of at least $3 million.  

    The overseas IT workers were allegedly assisted in this scheme by Kejia Wang, Zhenxing Wang, and at least four other identified U.S. facilitators. These facilitators allegedly received and/or hosted laptops belonging to U.S. victim companies at their residences to deceive the U.S. companies into believing the IT workers were in the United States. It is further alleged that they facilitated remote access to the computers for the overseas IT workers through illicit means, including downloading software to the computers without authorization from the U.S. companies, connecting the U.S. companies’ computers to internet-connected KVM switches, and creating shell companies with corresponding websites and financial accounts, including Hopana Tech LLC, Tony WKJ LLC and Independent Lab LLC to make it appear as though the overseas IT workers were affiliated with legitimate U.S. businesses. These facilitators also allegedly established accounts at U.S. financial institutions and online money transfer services to receive money from victimized U.S. companies, much of which was subsequently transferred to overseas co-conspirators. In exchange for their services, it is alleged that Kejia Wang, Zhenxing Wang, and the other U.S. facilitators collected at least $696,000 in fees.  

    According to court documents, in October 2024, seven locations in New York, New Jersey and California were searched and voluntary interviews at so-called “laptop farms” were conducted (that is, premises used to host U.S company laptop computers used in furtherance of the scheme), resulting in the recovery of more than 70 victim company devices. Additionally, 21 fraudulent web domains used to facilitate North Korean IT work have been seized, and 29 financial accounts, holding tens of thousands of dollars in funds, used to launder revenue for the North Korean regime through remote IT work.

    Also today, the Northern District of Georgia unsealed an indictment charging four North Korean nationals with a scheme to steal virtual currency held by two victim companies valued at over $750,000 and laundering the proceeds overseas. Unlike traditional North Korean IT workers, who usually seek employment with the goal of remitting their salaries back to North Korea, the defendants charged by the Northern District of Georgia allegedly sought employment with virtual currency-related businesses to earn the trust of those businesses and then stole those businesses’ virtual assets.

    Today’s announcement is the culmination of a multi-year investigation by federal law enforcement agencies and is one of several announced today as part of the Justice Department’s initiative, DPRK: Domestic Enabler. Under the initiative, Department prosecutors and agents continue to prioritize high-impact, strategic, and unified enforcement and disruption operations targeting DPRK’s illicit revenue generation efforts through remote IT workers, and the U.S.-based individuals who enable them.

    The U.S. Department of State has offered potential rewards for up to $5 million in support of international efforts to disrupt North Korea’s illicit financial activities, including for certain information related to individuals who are sent outside of North Korea to work to generate money for the North Korean government or who facilitate the activities of such North Korean nationals.

    The charges of conspiracy to commit mail and wire fraud, conspiracy to commit money laundering and conspiracy to violate the International Emergency Economic Powers Act (IEEPA) each provide for a sentence of up to 20 years in prison, three years of supervised release and a fine of $250,000. The charge of conspiracy to cause damage to a protected computer provides for a sentence of up to 15 years in prison, three years of supervised release and a $250,000 fine. The charge of conspiracy to commit identity theft provides for a sentence of up to five years in prison, three years of supervised release and a $250,000 fine. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.

    U.S. Attorney Foley; AAG Eisenberg; FBI Las Vegas Acting SAC Mattar; DCIS San Diego Acting SAC Helsing; and HSI San Diego SAC Shawn Gibson made the announcement today. Assistant U.S. Attorney Jason Casey of the National Security Unit is prosecuting the case along with Trial Attorney Gregory J. Nicosia, Jr. of the National Security Division’s National Security Cyber Section. Valuable assistance was provided by FBI New York, Newark and San Diego Field Offices; HSI Newark Field Office; United States Postal Inspection Service’s San Diego Field Office; and the U.S. Attorney’s Offices for the District of New Jersey, the Eastern District of New York and the Southern District of California.

    The details contained in the charging document are allegations. The defendants are presumed to be innocent unless and until proven guilty beyond a reasonable doubt in the court of law.  

    MIL Security OSI –