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Category: Economy

  • MIL-OSI: ReadyPaydayLoans.com Launches “Ready Pay” App to Help Americans Access the Best Personal Loans by State with Same Day Results

    Source: GlobeNewswire (MIL-OSI)

    Apply now at ReadyPaydayLoans.com to get matched with a lender offering fast personal loans, no credit check loans, or payday loans — anytime, anywhere in the U.S.

    LONG BEACH, Calif., June 27, 2025 (GLOBE NEWSWIRE) — In response to rising demand for faster, simpler personal financing, ReadyPaydayLoans.com has launched its latest innovation: the Ready Pay App. This new tool connects users across all 50 states with same day results on a variety of loan types — including payday loans, bad credit loans, and no credit check loans — using an ultra-fast, mobile-friendly experience.

    “The Ready Pay App is something we all have been excited about for months. We are glad it is finally here and ready for the public to use,” said Randy Murrie, VP at Ready Payday Loans.

    Unlike traditional lenders, ReadyPaydayLoans.com is not a direct lender. Instead, the company acts as a lead generation platform, instantly matching users with reputable third-party lenders based on their location, preferences, and financial profile — without requiring a minimum credit score.

    Why Ready Pay Is a Game-Changer

    With so many Americans facing unexpected expenses — medical bills, car repairs, rent payments — fast access to emergency funds is more critical than ever.

    Key Benefits of the Ready Pay App:

    • Same day results for qualified users
    • No credit score required to apply
    • 24/7 availability, even on weekends and holidays
    • 100% free to use — no fees to get matched
    • Private and secure application process
    • Compatible with desktop and mobile devices

    Whether you’re in a major city or small town, ReadyPaydayLoans.com helps users find the best personal loan options in their local area.

    How It Works

    Getting started with the Ready Pay App takes less than 3 minutes:

    1. Fill out a short form on ReadyPaydayLoans.com
    2. Get matched with a lender based on your location and needs
    3. Review and accept offers (or decline without obligation)
    4. Get same day results from a verified third-party lender


    Local Loan Options for All 50 States

    Ready Payday Loans now connects users to tailored solutions nationwide. Here’s how they’re serving borrowers with localized, and varied loan options.  Users of the Reay Pay App can find their city or state below, along with their varied loan option. 

    Best Personal Loans in Miami, Florida, Same-Day Payday Loans in Chicago, Illinois, No Credit Check Loans in Las Vegas, Nevada, Bad Credit Loans in Atlanta, Georgia, Emergency Loans in Los Angeles, California, Installment Loans in Dallas, Texas, Quick Cash Loans in Phoenix, Arizona, Best Personal Loans in New York City, New York, Fast Payday Loans in Charlotte, North Carolina, Best Personal Loans in Seattle, Washington, Instant Personal Loans in Denver, Colorado, Low Credit Personal Loans in Detroit, Michigan, Online Loans in Boston, Massachusetts, Best Personal Loans in Indianapolis, Indiana, Emergency Payday Loans in Columbus, Ohio, Best Personal Loans in Nashville, Tennessee, Bad Credit Personal Loans in Milwaukee, Wisconsin, No Credit Check Loans in Baltimore, Maryland, Best Personal Loans in Portland, Oregon, Same Day Loans in Oklahoma City, Oklahoma, Quick Personal Loans in Louisville, Kentucky, Fast Cash Loans in Albuquerque, New Mexico, Best Personal Loans in Kansas City, Missouri, Best Personal Loans in Minneapolis, Minnesota, Online Payday Loans in Omaha, Nebraska, Best Personal Loans in Jacksonville, Florida, Bad Credit Loans in Salt Lake City, Utah, Best Personal Loans in Philadelphia, Pennsylvania, No Credit Check Loans in Boise, Idaho, Emergency Loans in Honolulu, Hawaii, Best Personal Loans in Charleston, South Carolina, Quick Personal Loans in Baton Rouge, Louisiana, Fast Loans in Des Moines, Iowa, Best Personal Loans in Fargo, North Dakota, Instant Loans in Sioux Falls, South Dakota, Best Personal Loans in Anchorage, Alaska, Bad Credit Loans in Wilmington, Delaware, Best Personal Loans in Manchester, New Hampshire, Same Day Payday Loans in Burlington, Vermont, Online Loans in Billings, Montana, Best Personal Loans in Cheyenne, Wyoming, Emergency Loans in Little Rock, Arkansas, Best Personal Loans in Providence, Rhode Island, Fast Online Loans in Hartford, Connecticut, Best Personal Loans in Richmond, Virginia, Payday Loans in Birmingham, Alabama, No Credit Check Loans in Jackson, Mississippi, Best Personal Loans in Columbia, South Carolina, Installment Loans in Augusta, Maine, Quick Personal Loans in Topeka, Kansas.

    And there you have it.  Ready Pay App users have access to varied loan options in all 50 states as outlined above.

    Important Note

    ReadyPaydayLoans.com is not a direct lender. It is a lead generation platform that connects users with third-party lenders across the United States. Loan terms, eligibility, and availability vary by state and provider.

    Frequently Asked Questions

    What is the Ready Pay App?

    The Ready Pay App is a new digital tool by ReadyPaydayLoans.com that connects users with lenders offering personal loans, payday loans, and emergency loans with same day results.

    Is there a credit score requirement?

    No. Users can apply with any credit score, including bad or no credit.

    Is Ready Payday Loans a direct lender?

    No. Ready Payday Loans is a lead generation service that helps users get matched with licensed third-party lenders in their area.

    Does it cost anything to use the service?

    No. The service is completely free to use and carries no obligation.

    When can I apply?

    You can apply 24/7, including weekends and holidays.

    Get Matched Today – Same Day Results Available

    Don’t let unpaid bills or urgent expenses pile up. With the new Ready Pay App, you can apply in minutes and get matched with a lender offering the best personal loan options near you — no credit score required.

    Apply now at ReadyPaydayLoans.com and get same day results.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b33aa85a-1fe7-4846-9f42-0e1db83b3e32

    The MIL Network –

  • MIL-OSI USA: Cortez Masto, Rosen Announce Critical Funding for Nevada’s Vital Airports

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    Washington, D.C. – U.S. Senators Catherine Cortez Masto (D-Nev.) and Jacky Rosen (D-Nev.) announced that the Department of Transportation (DOT) awarded $50,611,106 in grants to international, regional, rural, and Tribal airports in the State of Nevada. This funding will allow airports to make necessary infrastructure improvements and support Nevada’s travel and tourism economy.

    “I’m pleased to see this funding come into the Silver State to upgrade critical infrastructure of our airports.” said Senator Cortez Masto. “These improvements will protect the comfort and safety of all travelers, whether they’re coming to visit or returning home. I will continue to work in the Senate to support Nevada’s travel and tourism economy, and our aviation infrastructure, everywhere from Las Vegas to Elko.”

    “Nevada’s airports are essential to our state’s tourism economy,” said Senator Rosen. “This funding will help modernize infrastructure, improve safety, and support the continued growth of communities across our state. I’ll keep working to bring federal investments back to Nevada and ensure our airports have the resources they need to thrive.”

    A full breakdown of the funding can be found below:

    • $41,618,872 for the Harry Reid International Airport for runway, baggage handling, and drainage system improvements.
    • $7,625,625 for the Reno/Tahoe International Airport for their ongoing expansion.
    • $337,375 for the Winnemucca Municipal Airport for wind cone and signage installation and precision approach path indicator systems.
    • $305,000 for the Carson City Airport for repavement projects.
    • $219,621 for the Jackpot/Hayden Field/County of Elko Airport for runway rehabilitation.
    • $114,762 for the Mesquite Airport for service road reconstruction.
    • $109,830 for the Owyhee, NV/Shoshone-Paiute Tribes of the Duck Valley Indian Reservation Airport for construction of a new terminal.
    • $109,772 for the Battle Mountain/County of Lander Airport for construction of a new airport hangar.
    • $107,882 for the Minden-Tahoe/County of Douglas Airport for installation of new lighting to enhance safety.
    • $62,367 for the Hawthorne Industrial Airport to infrastructure for snow removal.

    Senators Cortez Masto and Rosen have consistently worked to ensure Nevada receives its fair share of federal funding for its airports. They have secured millions in funding for clean transportation and improvements at Harry Reid International Airport and at Reno-Tahoe International Airport. Both Senators prioritized important airport terminal funding in the Bipartisan Infrastructure Law, and also pushed to secure funds through the American Rescue Plan to support Nevada’s airports and airline workers through the pandemic’s economic crisis to the industry. 

    MIL OSI USA News –

  • MIL-OSI Russia: Exclusive: Belt and Road Initiative Opens Unprecedented Opportunities for Development – Uzbek Economist

    Translation. Region: Russian Federal

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

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

    Tashkent, June 28 /Xinhua/ — The Belt and Road Initiative has opened up unprecedented development opportunities for Uzbekistan, said Aizhan Djumanova, a professor at Tashkent State Transport University and a PhD in economics, in an exclusive interview with Xinhua.

    According to her, since Uzbekistan joined the joint construction of the Belt and Road, Uzbek-Chinese cooperation has gone far beyond traditional trade and covered such areas as infrastructure construction, industrial cooperation, development of interconnectivity, humanitarian exchanges and other areas, forming a high-quality, multi-level and multi-sectoral partnership model.

    “The successes in the area of infrastructure are especially noticeable,” A. Djumanova noted. Joint construction of roads and railways, creation of modern logistics hubs and industrial parks within the framework of the “Belt and Road” contribute to strengthening the regional interconnectedness of Uzbekistan and increasing the efficiency of transport and logistics flows. The consistent promotion of the China-Kyrgyzstan-Uzbekistan railway project clearly demonstrates the strategic potential of Central Asia as a transit corridor between the East and West of Eurasia, the expert said.

    In the area of industrial development, in her opinion, Chinese technologies, investments and management experience successfully compensate for the weaknesses of Uzbekistan’s industrial base. “Projects with the participation of Chinese capital in such sectors as solar, wind and hydropower, agricultural processing, electric vehicles, contribute to the modernization of the structure of our economy, create jobs and support the green transition and energy diversity,” she emphasized.

    The expert also noted that at the regional level, the Belt and Road Initiative has become a stable and mutually beneficial platform for the development of Central Asian countries. According to her, thanks to Chinese initiatives, there is increasingly closer policy coordination, growing market connectivity, and the institutionalization of cross-border projects and dialogue on regional governance. The agency’s interlocutor added that the creation of the China-Central Asia mechanism was a logical continuation and confirmation of the maturity of this cooperation.

    “Looking to the future with optimism, we are convinced that cooperation between Uzbekistan and China, as well as between the Central Asian countries and China under the auspices of the Belt and Road Initiative, will only deepen,” said A. Djumanova. According to her, this is not just a set of short-term projects, but a strategic partnership based on a common vision of development and high-quality standards. “Uzbekistan, as before, will firmly support and actively participate in this cooperation, which brings hope to the entire region,” the expert concluded. –0–

    MIL OSI Russia News –

  • MIL-OSI China: Post-exam economy ignites China’s youth consumption surge

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

    Students take a bus to leave after the exam at a national college entrance examination site in Lhasa, southwest China’s Xizang Autonomous Region, June 9, 2025. [Photo/Xinhua]

    High school graduates are stepping out of classrooms nationwide and into adulthood following the 2025 gaokao, or national college entrance examination. Their enthusiasm is fueling a vibrant wave of youth spending, known as the “post-exam economy.”

    This year, a record 13.35 million students registered for the gaokao, forming a substantial consumer force driving the current post-exam spending boom. With the exam behind them, these young people are eager to mark the start of a new chapter in their lives.

    Among the most popular choices is outdoor travel. Many graduates have set out to explore the country’s vast landscapes, sparking a fresh surge in youth tourism. According to Chinese travel platform Trip.com, bookings for trips departing between June 9 and June 11 jumped 88 percent week-on-week, as students wasted no time in embarking on their post-exam adventures.

    For many graduates, these journeys are far more than simple getaways for rest and relaxation. They see them as symbolic rites of passage — not only a farewell to academic pressure, but also a meaningful growth milestone. That first train or plane ticket they book themselves becomes a youthful declaration of independence.

    At the scenic spots of Qutang Gorge and the ancient town of Baidi (white emperor) in Fengjie County, southwest China’s Chongqing Municipality, graduates are hiking to the summit of the Three Gorges and taking in the breathtaking landscapes.

    Qiu Depeng and Jin Zhiyu chose to tackle the “Three Gorges Summit” trail together. “People from all over the country come to the ancient town of Baidi and hike the summit. Now that we finally have the time, we can experience the landscapes we’ve only read about in textbooks,” said Qiu.

    To improve the tourism experience, Fengjie has introduced a series of discounts for graduating middle school, high school, and university students. Despite the summer heat, more than 100 high school graduates visit the scenic site daily, according to Luo Xiaoqing, head of the White Emperor City Qutang Gorge Scenic Spot management department.

    Concurrently, smartphones, laptops, and tablets have become the popular trio of “exam rewards” from parents. As students gear up for further education, the demand for such college essentials has driven a significant surge in electronics sales.

    High school graduate Wen Jie recently bought the three items during the “618” shopping spree in JD MALL’s digital section in Chongqing’s Jiulongpo District.

    Store manager Sun Jian noted that the post-exam season combined with the shopping spree spurred sales growth. Beyond the traditional trio, products like iFlytek’s learning devices and smart notebooks, as well as various wearable technology saw sales rise by 40 to 50 percent compared with the previous period.

    Retailers across the country are capitalizing on this momentum, with many stores launching promotional campaigns. At an electronics store in Shanghai’s Qingpu District, inquiries from student customers have surged by more than 60 percent week-on-week. To better serve this group, the store has added dedicated staff to provide guidance and ensure government subsidy policies are effectively implemented.

    Beyond travel and electronics, some graduates are focusing their spending on self-improvement, such as learning to drive and beginning fitness training.

    At a commercial fitness center in Chongqing’s Liangjiang New Area, specialized courses such as boxing, Pilates, and functional training have seen surging popularity. “Many of our new members are recent graduates hoping to get in better shape before starting university. Our membership grew by more than 50 percent month-on-month,” said a representative of the gym.

    Compared with working out on their own, graduates are more inclined to hire professional trainers. Female members tend to prefer strength training and stretching classes, while male members are drawn to boxing and functional workouts. Many opt for packages of around 36 sessions over two months, said the representative.

    Additionally, many graduates are also using the extended summer break for vision correction and dental treatments. Data from Chinese e-commerce platform Meituan shows that in the first week after the exam, orders for vision correction surgeries surged by 108 percent, while demand for orthodontics and teeth whitening rose by around 30 percent. Post-exam members of Generation Z are the main drivers of this growth.

    “The ‘post-exam economy’ reflects a vibrant wave of youth-driven consumption and serves as an important lens for observing trends among young consumers,” stated Long Shaobo, professor at Chongqing University’s School of Public Administration.

    The phenomenon extends beyond a temporary spending spike. “Governments and businesses must deepen their understanding of these needs, enhance quality offerings, and build long-term mechanisms to transform this short-term momentum into a sustainable driver for economic and consumer growth,” said Long. 

    MIL OSI China News –

  • MIL-OSI USA: El Gobernador Newsom firma un presupuesto estatal equilibrado que reduce los impuestos a los veteranos, financia completamente las comidas escolares gratuitas, construye más viviendas y crea empleos

    Source: US State of California Governor

    Jun 27, 2025

    ✅ CUMPLIDO: Reducción de impuestos para jubilados militares

    ✅ CUMPLIDO: Pre-kinder universal para todos

    ✅ CUMPLIDO: Ampliación de programas antes y después de clases y cursos de verano

    ✅ CUMPLIDO: Alimentación escolar gratuita para todos los niños

    ✅ CUMPLIDO: Impulso de la alfabetización y la lectura

    ✅ CUMPLIDO: Construyendo más viviendas, lo antes posible

    ✅ CUMPLIDO: Reduciendo los costos de los medicamentos

    ✅ CUMPLIDO: Ampliando el acceso al aborto con medicamentos con CalRx

    ✅ CUMPLIDO: Inversiones históricas en la lucha contra incendios y la seguridad pública

    ✅ CUMPLIDO: Protegiendo la icónica industria cinematográfica de California

    Próximamente se firmará un paquete histórico para reducir la burocracia, agilizar la construcción de viviendas y la infraestructura

    Sacramento, California – Ante el asalto económico de Donald Trump, el Gobernador Gavin Newsom firmó hoy el proyecto de ley de presupuesto estatal para el 2025 en colaboración con el Presidente del Senado Mike McGuire y el Presidente de la Asamblea Robert Rivas. Juntos, el Gobernador y la Legislatura están implementando un plan de gasto responsable y equilibrado que salvaguarda los valores de California y, al mismo tiempo, mantiene la salud fiscal a largo plazo. Este presupuesto y los próximos proyectos de ley incluyen nuevas políticas históricas que acelerarán la producción de viviendas e impulsarán la asequibilidad en comunidades de todo el estado – abordando así los desafíos más urgentes de California.

    Mientras enfrentamos el sabotaje económico de Donald Trump, este acuerdo presupuestario demuestra que California no solo se mantendrá firme – sino que irá aún más lejos. Es equilibrado, mantiene reservas sustanciales y se centra en el apoyo a los californianos – reduciendo drásticamente la burocracia e impulsando el desarrollo de vivienda e infraestructura, preservando los servicios esenciales del cuidado de salud, financia la educación preescolar universal y reduce los impuestos para los veteranos.

    Gobernador Gavin Newsom

    El Presidente del Senado Mike McGuire dice: “El Estado está entregando un presupuesto responsable y puntual en un año difícil, centrado en la restricción fiscal y la inversión en las personas y los programas que hacen de este estado un gran estado. Este presupuesto prioriza una financiación récord para nuestros hijos y escuelas públicas, protege el acceso a la atención médica para millones de las personas más vulnerables y creará más viviendas a una escala sin precedentes en años. Gracias a este acuerdo presupuestario, el estado ayudará a que más personas salgan de las calles y encuentren refugios permanentes, y ampliaremos los equipos de CalFire, desplegando cientos de bomberos adicionales de CalFire a tiempo completo, lo que salvará vidas y nos hará a todos más seguros contra incendios forestales. Y este acuerdo ayuda a preparar a nuestro estado para el caos continuo y la enorme incertidumbre causada por la administración de Trump. Gracias al líder del Comité de Presupuesto del Senado Scott Wiener, a la Asamblea y al Gobernador Newsom y a sus equipos por su arduo trabajo para la gente de California.”

    El Presidente de la Asamblea Robert Rivas dice: Este es un momento increíblemente difícil para los californianos. Trump está socavando nuestra economía con aranceles imprudentes, recortes drásticos y agentes de ICE aterrorizando a nuestras comunidades. En un momento en que tantos ya están en dificultades, está aumentando el miedo y la inestabilidad. En contraste, los demócratas han presentado un presupuesto que protege a California. Reduce la burocracia para construir más viviendas con mayor rapidez, porque la vivienda es la base de la asequibilidad y la oportunidad. Preserva inversiones cruciales en atención médica, salud femenina, educación y seguridad pública. Y cumple con nuestro compromiso de no aumentar los impuestos a las familias, los trabajadores ni a las pequeñas empresas. En tiempos sin precedentes, en circunstancias difíciles, los demócratas están cumpliendo con los californianos.

    Recortes de impuestos para veteranos, tamaños de clases escolares más reducidas y comidas escolares gratuitas

    El presupuesto refleja un compromiso compartido para proteger las oportunidades y mejorar la accesibilidad en California, frente a los ataques selectivos de la administración de Trump. Preserva programas clave de cuidado médico para los californianos que han sido atacados por los republicanos. También preserva programas esenciales de la red de seguridad social, incluyendo servicios de apoyo domiciliario y la salud reproductiva femenina, a la vez que realiza inversiones históricas en la educación pública, desde el pre-kínder universal y las comidas escolares gratuitas hasta la ampliación de los programas antes y después de la escuela, los cursos de verano, clases con menos estudiantes y el fortalecimiento de la formación profesional y la educación superior. El presupuesto demuestra el compromiso del estado con el reconocimiento de los veteranos mediante la creación de recortes de impuestos para los jubilados militares, reconociendo su servicio y apoyando su seguridad financiera.

    Reduciendo los costos de los medicamentos recetados, proteger la atención reproductiva y las redes de seguridad

    El presupuesto preserva programas clave de atención médica para los californianos que están en la mira de los republicanos. Conserva programas vitales de protección social, como los servicios de apoyo domiciliario y la salud reproductiva femenina. Como parte del presupuesto, el Gobernador firmará legislación que protege al acceso al cuidado médico, el presupuesto lidera los esfuerzos para otorgar licencias y regular a los Administradores de Beneficios Farmacéuticos por primera vez, aumentando la transparencia y la rendición de cuentas en la cadena de suministro farmacéutica. La legislación también amplía la autoridad de CalRx para adquirir medicamentos de marca y responder a interrupciones del suministro por motivos políticos, ayudando a proteger el acceso a medicamentos críticos como la mifepristona.

    Luces, camara, trabajos

    El presupuesto protege la posición de California como la cuarta economía más grande del mundo – apoyando a las empresas y el continuo crecimiento económico, incluyendo la emblemática industria cinematográfica californiana. La próxima semana, el Gobernador firmará legislación adicional como parte de la expansión del programa de crédito fiscal para cine y televisión, lo que catapultará aún más el impacto del programa a $750 millones anuales.

    El ataque económico de Trump

    El presupuesto equilibrado se produce en un momento en que California continúa enfrentando importantes presiones fiscales impulsadas por las imprudentes políticas económicas y de inmigración de la administración de Trump. Según el Departamento de Finanzas de California, se proyecta que el régimen arancelario de Trump le costará al estado aproximadamente $16 mil millones en ingresos del Fondo General durante el próximo año fiscal. Un nuevo estudio publicado el 17 de junio por el Instituto Económico de la Área de la Bahía (Bay Area Council Economic Institute), en colaboración con UC Merced, concluyó que las deportaciones masivas de Trump podrían recortar $275 mil millones de la economía de California, eliminar $23 mil millones en ingresos fiscales anuales y afectar gravemente a industrias clave como la agricultura, la construcción y la industria hotelera. 

    Ante estos crecientes desafíos, el Gobernador emitió una proclamación para acceder a las reservas estatales bajo. Y este presupuesto responsable y equilibrado protege a los californianos, crea más viviendas, preserva programas esenciales, refuerza la disciplina fiscal e invierte en la fortaleza económica a largo plazo del estado. 

    El Gobernador anunció hoy la firma de los siguientes proyectos de ley:

    • AB 102 by Assemblymember Jesse Gabriel (D-Encino) – Budget Act of 2025.
    • AB 118 by the Committee on Budget – Human services.
    • AB 121 by the Committee on Budget – Education finance: education omnibus budget trailer bill.
    • AB 123 by the Committee on Budget – Higher education budget trailer bill.
    • AB 134 by the Committee on Budget – Public Safety.
    • AB 136 by the Committee on Budget – Courts.
    • AB 143 by the Committee on Budget – Development Services.
    • SB 101 by Senator Scott Wiener (D-San Francisco) – Budget Act of 2025.
    • SB 103 by Senator Scott Wiener (D-San Francisco) – Budget Acts of 2022, 2023, and 2024.
    • SB 120 by the Committee on Budget and Fiscal Review – Early childhood education and childcare.
    • SB 124 by the Committee on Budget and Fiscal Review – Public resources trailer bill.
    • SB 127 by the Committee on Budget and Fiscal Review – Climate change.
    • SB 128 by the Committee on Budget and Fiscal Review – Transportation.
    • SB 132 by the Committee on Budget and Fiscal Review – Taxation.
    • SB 141 by the Committee on Budget and Fiscal Review – California Cannabis Tax Fund: Department of Cannabis Control: Board of State and Community Corrections grants.
    • SB 142 by the Committee on Budget and Fiscal Review – Deaf and Disabled Telecommunications Program.

    La firma del Gobernador en el presupuesto estatal depende de la promulgación de la AB 131 o la SB 131 el lunes 30 de junio.

    To read this release in English, click here. 

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  • MIL-OSI: SunnyMining Launches $15 Signup Bonus Cloud Mining Plan with Daily Crypto Earnings

    Source: GlobeNewswire (MIL-OSI)

    Manchester, June 27, 2025 (GLOBE NEWSWIRE) — Faced with economic fluctuations and high interest rate pressure, traditional financial management has not achieved satisfactory returns, and more and more people are turning to simpler and more stable ways to increase their wealth. Cloud mining does not require equipment, is easy to operate, and settles income daily, and is becoming a new choice for the public to achieve passive income.

    Following this trend, Sunny Mining launched a cloud mining plan that offers a $15 bonus upon registration, helping users easily open daily income channels for mainstream currencies such as BTC, DOGE, and XRP.

    After completing the registration, users can receive 15 USD of cloud computing power to start mining. After logging in and signing in every day, users can get 0.6 USD of income, which will be automatically settled to the account by the system without any additional operation.

    SunnyMining platform core advantages

    AI intelligent scheduling: patented algorithm, real-time optimization of computing power, stable income.

    Green Pioneer: Carbon neutral certification, significantly reducing carbon footprint.

    Minimal experience: multi-language support, one-click mining on mobile phone, zero threshold.

    Flexible contract: multiple cycle options to meet different investment needs.

    Co-creation community: 9 million users participate in platform governance and share rewards.

    Professional customer service: 7×24 hours multi-language service, considerate support.

    The marketing director of Sunny Mining said: “We are committed to lowering the threshold for mining and allowing users to start earning profits easily and quickly. We adhere to green energy, provide real-time tracking and 24/7 support, and create a safe and convenient cloud mining experience.”

    SunnyMining offers a variety of contract plans suitable for beginners and experienced investors. All contract fees include electricity and maintenance costs, allowing users to participate with confidence, with clear and transparent fees and no additional hidden fees.

    SunnyMining is easy to operate. After registering, users select a contract and deposit the supported cryptocurrency. Mining starts when the contract is activated. The income can be viewed in real time through the dashboard. The income is settled daily and can be withdrawn or continued to invest at any time.

    The platform also has a referral reward program. Inviting friends to participate can earn extra income and help the community continue to grow.

    From free mining to large-scale mining participation

    Mike from Florida initially used the $15 trial contract given by SunnyMining to experience the convenient cloud mining function of the platform. After confirming the stable income and convenient operation, he gradually increased his investment and started mining BTC, DOGE and XRP. Now—Mike can enjoy continuous digital asset income without any hardware equipment.

    Start free mining easily

    Sign up for SunnyMining now, get $15 of cloud computing power for free, and start your digital asset appreciation journey. Seize the opportunity, experience smart cloud mining easily, and start a new chapter of stable passive income.

    To learn more or start mining for free, visit:https://sunnymining.com
    Email address: info@sunnymining.com

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

    Attachment

    The MIL Network –

  • MIL-OSI USA: Markey, Leader Schumer, Wyden Call on Republicans to Stop Solar Cuts that Threaten K-12 School Funds

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey

    Lawmakers release data showing over 250 schools at risk of delayed projects and higher energy costs

    Letter Text and Full Dataset (PDF)

    Washington (June 27, 2025) – Senator Edward J. Markey (D-Mass.), member of the Environment and Public Works and Health, Education, Labor, and Pensions (HELP) Committees, Democratic Leader Chuck Schumer (D-N.Y.), and Senator Ron Wyden (D-Ore.), Ranking Member of the Finance Committee, today wrote to President Donald Trump, Senate Majority Leader John Thune (R-S.D.), and Speaker of the House Mike Johnson (LA-04), about the risk to K-12 funding from the Republican budget reconciliation proposal to eliminate federal tax credits that fund solar infrastructure projects in schools.

    Projects supported by tax credits have saved communities tens of thousands of dollars annually—including Wayne County Schools in West Virginia, which is projected to save the equivalent of three full-time teacher salaries over the course of their careers. Any cuts could delay or disrupt ongoing solar projects, prevent schools and school districts from accessing a tool to save on energy costs, and waste state and school district investments.

    In the letter, the lawmakers write, “By cutting federal clean energy incentives, the Republican budget reconciliation bill would interfere with K-12 school funding across the United States. Clean energy projects can reduce monthly energy costs, allowing schools to spend more on supporting students, faculty, and staff. With its draconian cuts to solar energy incentives, the Republican reconciliation bill promises to stall ongoing state and school district solar projects, disrupt their investments, and eliminate an essential cost-saving tool. We urge you to reconsider cuts to clean energy incentives that provide cost saving benefits to schools.”

    The lawmakers continue, “More school districts are planning solar projects that will help lower energy costs and prevent state budget cuts from impacting students, educators, and staff. But the proposed cuts in the Republican reconciliation bill threaten the delay, disruption, or cancellation of solar deployments. There are at least 251 school solar projects in 26 states in various stages of planning and construction. Projects that are not able to commence construction before proposed repeals take effect risk delay, wasted local and state investments in project development, higher energy costs, and increased burden on taxpayers. Among the identified projects are 74 school solar installations in Pennsylvania, 53 in Arizona, 15 in Texas, 12 in Kentucky, 5 in Utah, 4 in Iowa and Wisconsin, 2 in Indiana, and 1 in Idaho, Florida, Kansas, North Carolina and West Virginia.”

    Several stakeholders joined the lawmakers in voicing their opposition to the proposed cuts.

    “Over the last decade, schools across the country have turned to solar to reduce the cost of operating their facilities. In rural communities like Lawrence, Kansas and Greene County, Iowa, solar is how communities are able to maintain services for students in the face of rising costs and small or shrinking tax bases. Repealing these credits is one of a multitude of attacks on our public schools and the young people they serve in the disastrous budget reconciliation bill,” said Jonathan Klein, Chief Executive Officer of UndauntedK12.

    “Across the country, school districts have been saving taxpayers money by taking advantage of clean energy tax credits through direct pay. These projects have created jobs, reduced energy costs, and opened up opportunities for school building improvements out of reach for too long. Rolling back the clean energy tax credits would stop that progress in its tracks and increase costs to local communities. It is critical that these important initiatives remain available to our schools,” said Jason Walsh, Executive Director of BlueGreen Alliance.

    “School districts across the country have been using clean energy tax credits to lower their energy costs and upgrade their facilities. Investments in things like cleaner running buses and new HVAC systems are reducing both indoor and outdoor air pollution, all while creating good paying jobs. We urge Republican leaders to abandon their efforts to end these tax credits,” said Randi Weingarten, President of the American Federation of Teachers.

    “School districts across the country are attempting to move forward on sorely needed repairs and update their school buildings, and solar energy contributes important cost stability and resilience,” said Ally Talcott, Executive Director of the BASIC Coalition. “Our school leaders do not need whiplash amid the important work to finance improvements to our schools; they need support and stability. The cuts to solar energy incentives pull one more resource away from school districts trying to provide safe, modern, and healthy school buildings for their communities.”

    “Clean energy incentives help schools provide safer and healthier learning environments, lower energy costs, save taxpayer dollars, and redirect resources from paying expensive utility bills to supporting student success. We urge lawmakers to preserve these federal programs for local communities,” said James Rowan, CAE, SFO, Chief Executive Director of the Association of School Business Officials International (ASBO).

    MIL OSI USA News –

  • MIL-OSI China: Dunhuang carries out comprehensive upgrade of night market in China’s Gansu

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

    Dunhuang carries out comprehensive upgrade of night market in China’s Gansu

    Updated: June 28, 2025 08:08 Xinhua
    Tourists visit the night market in Dunhuang, northwest China’s Gansu Province, June 26, 2025. Dunhuang has carried out a comprehensive upgrade of characteristic blocks such as the Dunhuang Night Market since the beginning of this year. By leveraging its profound history and culture, Dunhuang integrated mural and Silk Road culture elements into the renovation of the blocks, injecting new impetus into local night economy and tourism industry. [Photo/Xinhua]
    Tourists visit the night market in Dunhuang, northwest China’s Gansu Province, June 26, 2025. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI USA: Wyden, Merkley, Bonamici, Hoyle Announce $1 Million for Airports on Oregon Coast & Willamette Valley

    US Senate News:

    Source: United States Senator Ron Wyden (D-Ore)

    June 27, 2025

    Federal grants heading to airports in Tillamook, Astoria, Brookings and Aurora

    Washington D.C.—U.S. Senators Ron Wyden and Jeff Merkley, along with U.S. Representatives Suzanne Bonamici and Val Hoyle, today announced $1.08 million combined in federal infrastructure investments at airports in Tillamook, Astoria, Brookings and Aurora.

    “Federal investments in smaller airports throughout Oregon are a must to enhance quality of life in rural communities, Wyden said. “I’m gratified these federal resources are heading to our state, and I’ll keep battling for similar investments that support local economies, ensure emergency services during wildfires and more.”

    “Oregon’s regional airports serve as vital hubs for our communities and economies – supporting local businesses, connecting travelers to world-class recreational opportunities, and providing essential lifelines during natural disasters,” Merkley said. “This federal funding will allow several Oregon regional airports to make critical infrastructure improvements that will benefit our communities and economy. I’ll fight to protect the efficiency and safety of Oregon’s airports and the folks who rely on them for business, travel, and so much more.”

    “Investments in NW Oregon’s ports bolster our local economy,” said Rep. Bonamici. “This federal funding will help upgrade aviation infrastructure on the coast and across rural Oregon. I will continue to advocate for resources that help Oregonians thrive.”

    “I’m happy to see these investments being made in Brookings and across Oregon to help improve safety, modernize equipment, and make these airports more viable for residents and tourists, alike,” said Rep. Hoyle. “These upgrades will grow local economies by making towns on the South Coast more accessible. I am grateful.”  

    The $1.08 million in grants from the Federal Aviation Administration will be distributed as follows:

    • $474,390 to the Port of Tillamook Bay for a new fuel farm with two fuel tanks, two self-service pumps and associated apron pavement for a new fuel type to help the airport be as self-sustaining as possible.
    • $320,890 to the Port of Astoria for rebuilding a 12,800-square-foot, 10-unit hangar used for aircraft storage.
    • $159,000 to the city of Brookings to acquire and install new wind cone navigational aids, to install a new airport rotating beacon to enhance safety, to rebuild a precision approach path indicator system, rebuild runway end identifier lights, rebuild medium intensity lighting.
    • $129,501 to the Oregon Department of Aviation for the Aurora State Airport to rehabilitate 5,003 feet of existing paved runway.

    Wyden, Merkley, Bonamci and Hoyle have long supported airports across Oregon. In May, the Oregon delegation announced $22 million for airport infrastructure investments statewide. In September 2024, Wyden and Merkley announced $10 million in federal grants for airports in Medford and Prineville. In July 2024, Merkley, Wyden and Hoyle announced $17 million from the federal Airport Improvement Program for airports across Oregon.

    MIL OSI USA News –

  • MIL-OSI USA: Wyden, Merkley, Bonamici, Hoyle Announce $1 Million for Airports on Oregon Coast & Willamette Valley

    US Senate News:

    Source: United States Senator Ron Wyden (D-Ore)

    June 27, 2025

    Federal grants heading to airports in Tillamook, Astoria, Brookings and Aurora

    Washington D.C.—U.S. Senators Ron Wyden and Jeff Merkley, along with U.S. Representatives Suzanne Bonamici and Val Hoyle, today announced $1.08 million combined in federal infrastructure investments at airports in Tillamook, Astoria, Brookings and Aurora.

    “Federal investments in smaller airports throughout Oregon are a must to enhance quality of life in rural communities, Wyden said. “I’m gratified these federal resources are heading to our state, and I’ll keep battling for similar investments that support local economies, ensure emergency services during wildfires and more.”

    “Oregon’s regional airports serve as vital hubs for our communities and economies – supporting local businesses, connecting travelers to world-class recreational opportunities, and providing essential lifelines during natural disasters,” Merkley said. “This federal funding will allow several Oregon regional airports to make critical infrastructure improvements that will benefit our communities and economy. I’ll fight to protect the efficiency and safety of Oregon’s airports and the folks who rely on them for business, travel, and so much more.”

    “Investments in NW Oregon’s ports bolster our local economy,” said Rep. Bonamici. “This federal funding will help upgrade aviation infrastructure on the coast and across rural Oregon. I will continue to advocate for resources that help Oregonians thrive.”

    “I’m happy to see these investments being made in Brookings and across Oregon to help improve safety, modernize equipment, and make these airports more viable for residents and tourists, alike,” said Rep. Hoyle. “These upgrades will grow local economies by making towns on the South Coast more accessible. I am grateful.”  

    The $1.08 million in grants from the Federal Aviation Administration will be distributed as follows:

    • $474,390 to the Port of Tillamook Bay for a new fuel farm with two fuel tanks, two self-service pumps and associated apron pavement for a new fuel type to help the airport be as self-sustaining as possible.
    • $320,890 to the Port of Astoria for rebuilding a 12,800-square-foot, 10-unit hangar used for aircraft storage.
    • $159,000 to the city of Brookings to acquire and install new wind cone navigational aids, to install a new airport rotating beacon to enhance safety, to rebuild a precision approach path indicator system, rebuild runway end identifier lights, rebuild medium intensity lighting.
    • $129,501 to the Oregon Department of Aviation for the Aurora State Airport to rehabilitate 5,003 feet of existing paved runway.

    Wyden, Merkley, Bonamci and Hoyle have long supported airports across Oregon. In May, the Oregon delegation announced $22 million for airport infrastructure investments statewide. In September 2024, Wyden and Merkley announced $10 million in federal grants for airports in Medford and Prineville. In July 2024, Merkley, Wyden and Hoyle announced $17 million from the federal Airport Improvement Program for airports across Oregon.

    MIL OSI USA News –

  • MIL-OSI USA: Cantwell & Colleagues Demand Answers from SBA Administrator Loeffler and Commerce Secretary Lutnick on Gutting Support for Entrepreneurs and Small Businesses

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    06.27.25
    Cantwell & Colleagues Demand Answers from SBA Administrator Loeffler and Commerce Secretary Lutnick on Gutting Support for Entrepreneurs and Small Businesses
    “A failure to support small businesses, including minority-owned small businesses, will be a detriment to the entire American economy.”
    WASHINGTON, D.C. – U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Senate Finance Committee, joined Senate colleagues in demanding answers from Administrator of the Small Business Administration Kelly Loeffler and Secretary of Commerce Howard Lutnick on the Trump Administration’s actions eliminating support for small businesses, including small minority-owned businesses.
    In March, President Trump issued an executive order directing the Minority Business Development Agency (MBDA) and several other agencies to reduce their functions to the minimum amount required by law. The President’s Fiscal Year 2026 budget proposes to abolish the MBDA and the Trump Administration seeks to eliminate the Small Business Administration’s (SBA) Women’s Business Centers and funding for SCORE, which provides mentorship and resources to small businesses, among other programs.
    These actions are already being felt across the country. For example, the MBDA Business Center in Tacoma, Washington has been forced to close after receiving a notice that its MBDA grant was terminated. Since receiving a $2 million MBDA grant in July 2021, the Center has helped minority-owned businesses create and retain 1,495 jobs, obtain $190.8 million in contracts, and obtain $216.9 million in financing. 
    “We demand answers from the Administration about how it intends to properly serve small business entrepreneurs from minority and underserved communities and follow Federal laws establishing support for such entrepreneurs,” wrote the Senators. “A failure to support small businesses, including minority-owned small businesses, will be a detriment to the entire American economy.”
    “The Administration actions to eliminate the MBDA is part of an overall attack on federal support to business owned by socially or economically disadvantaged individuals,” the Senators continued. “Federal agencies have several small business contracting goals, including for small businesses generally, Small Disadvantaged Businesses (SDBs), and women-owned and veteran-owned small businesses.”
    Instead of expanding opportunities for more small businesses to grow and thrive, President Trump’s shortsighted actions are throwing cold water on entrepreneurship and job creation. 
    “Undermining and dismantling targeted federal programs that recognize the historic challenges faced by minority business owners will ultimately hurt local communities and weaken the U.S. economy,” concluded the Senators.
    Sen. Cantwell has been a staunch defender of the MBDA against the Trump Administration’s attempts to illegally dismantle the agency, including demanding answers about compliance with a court order halting the dismantling of the MBDA, demanding Commerce Secretary Lutnick  provide a full accounting of his actions to shutter the MBDA, and calling on the Secretary to honor his previous commitment to protect the MBDA and its mission.
    Senators Edward J. Markey (D-MA), Tammy Baldwin (D-WI), Jacky Rosen (D-NV), Ben Ray Luján (D-NM), John Hickenlooper (D-CO), Lisa Blunt Rochester (D-DE), Cory Booker (D-NJ), Mazie Hirono (D-HI), Adam Schiff (D-CA), and Martin Heinrich (D-NM) also signed the letter. 
    The full text of the letter to Administrator Loeffler and Secretary Lutnick is below and HERE.
    Dear Administrator Loeffler and Secretary Lutnick,
    The Trump administration is undoing decades of progress supporting minority small business owners, including the attempt to dismantle the Minority Business Development Agency (MBDA), undermine small business contracting programs, and cut targeted resources and services. We demand answers from the Administration about how it intends to properly serve small business entrepreneurs from minority and underserved communities and follow Federal laws establishing support for such entrepreneurs. A failure to support small businesses, including minority-owned small businesses, will be a detriment to the entire American economy.
    In 1969, President Nixon created the MBDA to help minority business owners succeed. In 2021, Congress permanently authorized the MBDA, with overwhelming bipartisan support. One of the MBDA’s core functions, as defined in the Minority Business Development Act,[1] is operating a network of Business Centers through public-private partnerships. These Business Centers assist minority-owned businesses with accessing capital, contracts, and counseling, ultimately to facilitate their growth and create jobs. In Fiscal Year (FY) 2024, the MBDA helped minority-owned businesses create or retain more than 23,000 jobs, secure almost $2.7 billion in contracts, and receive in excess of $1.5 billion in capital.[2]
    On March 14, 2025, President Trump issued an executive order directing the MBDA and several other agencies to reduce their functions to the minimum amount required by law.[3] On April 10, 2025, nearly every MBDA employee was let go or reassigned. The cancellation of all MBDA grants and Business Center contracts soon followed. Termination letters sent to MBDA grantees and Business Centers—and subsequently rescinded after the Rhode Island Federal District Court issued a preliminary injunction halting the executive order’s implementation—claimed their grants or contracts were no longer consistent with the agency’s priorities. But Congress, not the Trump administration, authorized the MBDA and established its purposes when it passed the Infrastructure Investment and Jobs Act in 2021.[4] Oversight letters from Democratic members of the Senate Commerce Committee regarding the Administration’s actions have gone unanswered.
    The Administration actions to eliminate the MBDA is part of an overall attack on federal support to business owned by socially or economically disadvantaged individuals. Federal agencies have several small business contracting goals, including for small businesses generally, Small Disadvantaged Businesses (SDBs), and women-owned and veteran-owned small businesses. Each federal agency with procurement authority has an Office of Small and Disadvantaged Business Utilization (OSDBU) to promote the use of small businesses to fulfill agency contracts. Small business goals and OSDBUs work in tandem to ensure that small businesses, not just large firms, benefit from the largest buyer of goods and services in the world, the U.S. government.
    In January 2025, the SBA lowered to 5 percent the goal of increasing the share of federal contracting dollars going to SDBs, a stark contrast to the Biden administration, which raised the SDB goal to 15 percent.[5] The Administration also appears to be undermining OSDBUs; according to reports, the Department of Health and Human Services, the fourth largest grantor of federal contracting dollars,[6] fired all OSDBU staff except one at the agency.[7]
    The President’s FY 2026 proposed budget doubles down on these actions by entirely eliminating several statutorily authorized and bipartisan entrepreneurial development programs, in addition to the MBDA. The President’s budget also proposes cutting Women’s Business Centers, the Service Corps of Retired Executives (SCORE), technical assistance for the Microloan program, and more. The Administration justifies these cuts by stating the previous administration awarded “billions in funding to certain businesses solely based on race and gender.”[8] Although some of these programs target specific resources to certain communities, the vast majority of these programs serve all Americans.
    The Trump administration’s war on targeted federal programs is already hurting minority and underserved small businesses. The New York Times found that the Administration’s contract cancellations have disproportionately impacted minority- and women-owned small businesses while largely ignoring the largest federal contracts. As of March 2025, 19 percent of cancelled contracts listed on the DOGE website are for minority-owned businesses and 11 percent are women-owned businesses, despite representing just 10 percent and 5 percent of federal contracts, respectively.[9]
    Bloomberg reported that SBA employees are uncertain whether they can attend meetings with the Hmong Chamber of Commerce or Latino business associations, and some SBA employees are being directed to withhold annual small business awards that were supposed to go to minority entrepreneurs.[10]
    These actions are unacceptable and harm the American economy. Minority-owned businesses employ millions of Americans and generate more than $2 trillion in annual revenue.[11] In the contracting space, the importance of a fully inclusive supplier base has also been well-documented,[12] including in the manufacturing industry.[13] Rather than strengthening support for minority-owned firms, President Trump has instead dismantled the MBDA, lowered contracting goals for SDBs, undermined OSDBUs, and proposed eliminating various entrepreneurial development programs. Undermining and dismantling targeted federal programs that recognize the historic challenges faced by minority business owners will ultimately hurt local communities and weaken the U.S. economy.
    We request answers from the Administration in writing on the following questions by July 10, 2025:
    Please explain how the Department of Commerce plans to utilize congressionally appropriated MBDA funds in accordance with statutory requirements.
    The MBDA Business Centers program is statutorily authorized under 15 U.S.C. § 9523. Please explain how decisions to fire staff who service the program and cancel Business Center contracts were made.
    Please detail how the Trump administration plans to meet the existing SDB contracting goal. Will the SBA commit to advocating for the full staffing and resourcing of OSDBUs to ensure all small business contracting goals are met or exceeded? If not, why not?
    Please detail the specific reasons for the President’s request to eliminate “15 specialized and duplicative programs,”[14] including the Women’s Business Center Program, SCORE, the State Trade Expansion Program, Native American outreach, technical assistance for the Microloan program, Growth Accelerators, and Regional Innovation Clusters.
    Sincerely,

    MIL OSI USA News –

  • MIL-OSI: Bitcoin Treasury Corporation Announces Completion of Initial Bitcoin Acquisition Phase and Now Holds a Total of 771.37 Bitcoin

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to United States news wire services or for dissemination in the United States.

    TORONTO, June 27, 2025 (GLOBE NEWSWIRE) — Bitcoin Treasury Corporation (TSXV:BTCT) (“Bitcoin Treasury” or the “Corporation”), is pleased to announce that it has completed the initial phase of its Bitcoin accumulation plan in alignment with its core strategy to accumulate Bitcoin as a principal treasury asset. The Corporation acquired 478.57 Bitcoin for a total purchase price of CAD$70 million. The Corporation now holds 771.37 Bitcoin on its balance sheet. This results in a starting Bitcoin per Share (“BPS”) of approximately 0.0000634. BPS is calculated on a fully diluted basis, accounting for the convertible debentures but excluding warrants.

    Bitcoin Treasury Corporation will continue to accumulate Bitcoin as part of its broader strategy to build long-term shareholder value. The Corporation plans to deploy its Bitcoin holdings through institutional lending and liquidity services, offering counterparties access to capital while maintaining a strong focus on financial security and risk management. The Corporation views Bitcoin not only as a long-term reserve asset, but as a foundational pillar of its business model and revenue strategy. Through disciplined corporate finance and institutional-grade Bitcoin services, the Corporation aims to grow BPS and redefine corporate treasury management for the digital age.

    About Bitcoin Treasury

    Bitcoin Treasury Corporation is a Canadian-based company focused on institutional-grade Bitcoin services, initially offering Bitcoin-denominated loans. Bitcoin Treasury’s core strategy is to build shareholder value through the strategic accumulation and active deployment of Bitcoin. Recognizing Bitcoin’s finite supply and long-term potential, the Corporation intends to maintain a robust treasury position while supporting the development of its service offerings.

    For further information, please contact:

    Bitcoin Treasury Corporation
    Elliot Johnson, Chief Executive Officer
    Phone: 416-619-3403
    Email: ejohnson@btctcorp.com

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    Cautionary Note Regarding Forward-Looking Statements

    This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects” or “does not expect”, “is expect”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, or variations of such words and phrases) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: business integration risks; the Corporation’s operating results will experience significant fluctuations due to the highly volatile nature of Bitcoin; the Corporation operates in a heavily regulated environment and any material changes or actions could lead to negative adverse effects to the business model, operational results, and financial condition of the Corporation; evolving cryptocurrency regulatory requirements and the impact on the Corporation’s business plan; Bitcoin value risk; reliance on key personnel; implementation of the Corporation’s business plan; lack of operating history; competitive conditions; de banking and financial services risk; anti money laundering and corrupt business practices; additional capital; financing risks; global financial conditions; insurance and uninsured risks; cybersecurity risks; changes to bank fees or practices, or payment card networks; audit of tax filings; market for the Bitcoin Treasury Shares; market price of the Bitcoin Treasury Shares; conflicts of interest; internal controls; tariffs and the imposition of other restrictions on trade could adversely affect the Corporation’s business; risk of litigation; pandemics or other health crisis; acquisitions and integration; risk of dilution of Bitcoin Treasury securities; dividend policy; Bitcoin price volatility; custodial risks; technological vulnerabilities; Bitcoin transactions are irreversible and may result in significant losses; short history risk; limited history of the Bitcoin market; potential decrease in the global demand for Bitcoin; economic and political factors; top Bitcoin holders control a significant percentage of the outstanding Bitcoin; availability of exchange traded products liquidity; security breaches; the requirements that accompany being a publicly traded company may put a strain on the Corporation’s resources, divert attention from management, and adversely affect its ability to maintain and attract management and qualified board members; liquidity risk; leverage risk; and share price fluctuations.

    Although management of the Corporation believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date of this news release, and the Corporation does not undertake any obligation to update publicly or to revise any of the included forward -looking statements or information, whether as a result of new information, change in management’s estimates or opinions, future circumstances or events or otherwise, except as expressly required by applicable securities law.

    The TSXV has neither approved nor disapproved the contents of this news release.

    The MIL Network –

  • MIL-OSI Russia: IMF Executive Board Concludes the 2025 Article IV Consultation and Completes the Fifth Review Under the Extended Credit Facility Arrangement, and Second Review Under the Resilience and Sustainability Facility Arrangement with Tanzania

    Source: IMF – News in Russian

    June 27, 2025

    • The IMF Executive Board today concluded the 2025 Article IV Consultation and completed the fifth review under the Extended Credit Facility (ECF) arrangement and the second review under the Resilience and Sustainability Facility (RSF) arrangement with Tanzania, allowing for an immediate disbursement of about US$ 448.4 million (SDR 326.47 million) under both the ECF and the RSF.
    • Economic conditions have continued to improve, with robust growth and macro-financial stability. Real GDP growth was 5.5 percent in CY24 and is projected to reach 6.0 percent in CY25 and 6½ percent over the medium-term, contingent on decisive reform implementation.
    • Tanzania’s economic reform program supported by the ECF arrangement remained broadly on track. The authorities are committed to implementing reforms to preserve macro-financial stability, promote sustainable and inclusive growth, advance structural reforms, and address risks and challenges from climate change, supported by the ECF and RSF arrangements.

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) concluded today the 2025 Article IV Consultation[1] with Tanzania and completed the fifth review of the Extended Credit Facility (ECF) arrangement and the second review of the Resilience and Sustainability Framework (RSF) arrangement. The authorities have consented to the publication of the Staff Report prepared for this consultation.[2] Completion of the fifth ECF review allows for the immediate disbursement of about US$ 155.7 million (28.5 percent of quota, SDR 113.37 million), bringing Tanzania’s total access under the ECF arrangement to about US$ 908.3 million. Completion of the second RSF review allows for the immediate disbursement of about US$ 292.7 million (53.5 percent of quota, SDR 213.1 million), bringing Tanzania’s total access under the RSF arrangement to about US$ 345.4 million.

    The 40-month ECF Arrangement with Tanzania for a total access of about US$ 1,046.4 million at the time of program approval (200 percent of quota, SDR 795.58 million) was initially approved in July 2022, and was extended by 6 months in June 2024. The arrangement aims to support economic recovery, preserve macro-financial stability, and promote sustainable and inclusive growth. The 23-month RSF arrangement with Tanzania, approved in June 2024 (150 percent of quota), supports the authorities’ reforms to reduce prospective balance of payments risks and enhance economic resilience to climate change.

    Tanzania’s economic reform program under the ECF arrangement remained on track. All end-December 2024 quantitative performance criteria and indicative targets were met, and two end-December 2024 structural benchmarks were completed on time. Two of the three end-March SBs were implemented with delay, but the Secured Transaction Act has not been implemented and is reset to end-February 2026. All five reform measures (RMs) for this review were implemented despite challenges in meeting indicative timelines.

    Economic activity continued to gain momentum, with real GDP growth reaching 5.5 percent in CY24. Headline inflation remained stable at 3.2 percent (year-on-year) in April 2025, below the central bank’s target, while a neutral or mildly stimulative monetary policy was maintained and exchange rate flexibility increased. The banking sector remains resilient, but pockets of vulnerability persist. The fiscal balance weakened markedly in the third quarter of FY25, prompting the authorities to delay lower priority spending in the fourth quarter. The current account deficit narrowed further to 2.6 percent of GDP in CY24, from 3.8 percent in CY23, underpinned by strong export performance.

    The medium-term outlook is favorable, contingent on sustained reform implementation, particularly to strengthen the business environment and support a more dynamic private sector. However, risks to the outlook are tilted to the downside, and challenges to meet SDG targets and reduce poverty are daunting, especially considering that the population is expected to double by 2050.

    Following the Executive Board discussion, Mr. Okamura, Deputy Managing Director and Acting Chair, issued the following statement:

    “Tanzania’s reform program supported by the Extended Credit Facility (ECF) remains broadly on track. Amid downside risks to the economic outlook and daunting challenges to reduce poverty, the authorities’ strong commitment to reform implementation, as well as continued engagement and capacity support by development partners, are critical.

    “The authorities’ plan to resume growth-friendly fiscal consolidation in FY25/26 is welcome and will require steadfast implementation of revenue measures and strict cash management and commitment controls to ensure that spending is consistent with revenue outturns. Implementing contingency measures would also be essential to compensate for any budget over-run in FY24/25. In the medium term, decisive implementation of fiscal reforms including the new medium-term revenue strategy and public financial management reforms will be important to meet development needs while maintaining debt sustainability.

    “Continued efforts are needed to fully operationalize the new interest rate-based monetary policy framework. Monetary operations could be strengthened by improving liquidity forecasting capacity and operation of standing facilities and addressing segmentation and counterparty credit risk in the interbank cash market. The recent increase in exchange rate flexibility is welcome and should continue to be a key pillar of the new monetary policy framework. Ongoing efforts to upgrade financial supervision will help enhance financial stability and deepening.

    “Amid strong demographic pressures, achieving resilient and inclusive long-term growth requires accelerated human capital development through increased and more efficient public spending on education and health. At the same time, structural reforms in the areas of public sector governance, business regulation, and access to finance, as well as climate change-related reforms, are critical to foster private sector development and job creation, enhance economic resilience and reduce prospective balance of payments risks.”

    Executive Board Assessment[3]

    Executive Directors agreed with the thrust of the staff appraisal. They welcomed Tanzania’s continued robust growth, subdued inflation, and improved external balance. While they agreed that the medium-term outlook is favorable, they noted downside risks, including from an uncertain external environment, declining aid flows, and potential delays in reform implementation. They emphasized that the authorities’ commitment to reforms under the ECF and RSF programs will be critical to safeguard macro financial stability and achieve more resilient and inclusive long-term growth. Continued engagement and capacity development support by the Fund and other international partners also remain essential.

    Directors welcomed the authorities’ commitment to resume growth friendly fiscal consolidation in FY25/26. They concurred that stepped-up efforts to enhance domestic revenue mobilization in line with the recently approved medium term revenue strategy, and to strengthen public financial and investment management, will be critical to create space for priority development needs and safeguard debt sustainability. They called for prudent budget execution in an election year and enforcement of commitment controls to control spending. They welcomed the continued progress in reducing domestic arrears.

    Directors agreed that a neutral or mildly stimulative monetary policy stance remains appropriate at this juncture but encouraged the authorities to stand ready to adjust this stance if inflation pressures emerge. They called for continued efforts to improve monetary policy effectiveness, including strengthening monetary and liquidity management operations, policy communication, and central bank independence. They underscored the importance of greater exchange rate flexibility for cushioning the economy against external shocks and encouraged the removal of legacy exchange rate restrictions and Multiple Currency Practices. They welcomed the recent adoption of Basel II & III supervisory and regulatory standards and encouraged the authorities to continue upgrading the financial supervision framework and closely monitoring risks.

    Directors called for accelerated structural reforms to promote sustainable private sector led growth and job creation. They urged the authorities to improve the efficiency of tax administration, ease the regulatory burden, promote access to finance, close gender gaps, and upgrade infrastructure. They also highlighted the pressing need to increase human capital through increased and more efficient public spending on education and health, as well as on social safety nets. Directors commended the authorities’ efforts to strengthen the AML/CFT framework and encouraged them to formalize risk-based AML/CFT supervision in the real estate sector. They welcomed the progress made in strengthening climate resilience through the RSF supported reforms.

    It is expected that the next Article IV consultation with Tanzania will be held in accordance with the Executive Board decision on consultation cycles for members with Fund arrangements.

    Tanzania: Selected Economic Indicators

    2022/23

    2023/24

    2024/25

    Act.

    Est.

    Proj.

    Output

    Real GDP growth (%) 1

    4.9

    5.3

    5.7

    Calendar year real GDP growth (%) 2

    5.1

    5.5

    6.0

    Prices

    Inflation – average (%)

    4.6

    3.1

    3.3

    Central government finances

    Revenue (% GDP) 3

    15.0

    15.5

    16.3

    Expenditure (% GDP)

    19.3

    18.6

    19.7

    Fiscal balance (% GDP)

    -4.3

    -3.2

    -3.4

    Public debt (% GDP)

    45.9

    49.2

    48.5

    Money and credit

    Broad money (% change)

    18.8

    10.9

    11.1

    Credit to private sector (% change)

    22.2

    16.1

    12.5

    3-month Treasury bill interest rate (%)

    6.5

    6.8

    …

    Balance of payments

    Current account (% GDP)

    -6.6

    -3.5

    -2.6

    FDI (% GDP)

    2.0

    2.1

    2.1

    Reserves (in months of imports)

    4.0

    3.8

    3.8

    External public debt (% GDP)

    29.7

    32.9

    32.8

    Exchange rate

    REER (% change)

    3.3

    -10.3

    …

    Sources: Tanzanian authorities and IMF staff estimates and projections.

    1 All data refer to fiscal years (July-June).

    2 Fiscal year 2022/23 corresponds to calendar year 2023.

    3 Includes grants.

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. Staff hold separate annual discussions with the regional institutions responsible for common policies in four currency unions—the Euro Area, the Eastern Caribbean Currency Union, the Central African Economic and Monetary Union, and the West African Economic and Monetary Union. For each of the currency unions, staff teams visit the regional institutions responsible for common policies in the currency union, collects economic and financial information, and discusses with officials the currency union’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis of discussion by the Executive Board. Both staff’s discussions with the regional institutions and the Board discussion of the annual staff report will be considered an integral part of the Article IV consultation with each member.

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

    [3] At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summings up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Kwabena Akuamoah-Boateng

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

    https://www.imf.org/en/News/Articles/2025/06/27/pr25225-tanzania-imf-concl-2025-aiv-consultation-comp-5th-rev-ecf-arr-2nd-rev-rsf-arrangement

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  • MIL-OSI USA: Congresswoman Cherfilus-McCormick Statement Condemning Decision to End Temporary Protected Status for Haiti 

    Source: United States House of Representatives – Congresswoman Sheila Cherfilus-McCormick (D-Florida 20th district))

    WASHINGTON, D.C. — Today, Congresswoman Sheila Cherfilus-McCormick (D-FL) released the following statement regarding the termination of Temporary Protected Status (TPS) for Haiti: 
     
    “The Department of Homeland Security’s decision to end Temporary Protected Status (TPS) for Haiti is deeply concerning. It impacts thousands of Haitian families who have lived in the United States legally for over a decade—contributing to their communities, paying taxes, and raising American-born children. 
     
    “While DHS claims that conditions in Haiti have improved, this assessment appears inconsistent with the State Department’s own travel advisory, which warns of widespread violence, kidnappings, and civil unrest. If the country is considered unsafe for U.S. travelers, it raises serious concerns about sending families back at this time. 
     
    “The economic impact is also significant. TPS holders and their households contribute an estimated $2.3 billion in federal and $1.3 billion in state and local taxes annually. The removal of hundreds of thousands of workers would affect not only South Florida, but also the national economy. 
     
    “Our immigration policies should reflect compassion, consistency, and respect for those who have built their lives here under legal protections. I urge the Administration to reconsider this decision and call on Congress to provide a permanent solution for TPS holders.” 

    ###

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  • MIL-OSI USA: Congresswoman Cherfilus-McCormick Statement Condemning Decision to End Temporary Protected Status for Haiti 

    Source: United States House of Representatives – Congresswoman Sheila Cherfilus-McCormick (D-Florida 20th district))

    WASHINGTON, D.C. — Today, Congresswoman Sheila Cherfilus-McCormick (D-FL) released the following statement regarding the termination of Temporary Protected Status (TPS) for Haiti: 
     
    “The Department of Homeland Security’s decision to end Temporary Protected Status (TPS) for Haiti is deeply concerning. It impacts thousands of Haitian families who have lived in the United States legally for over a decade—contributing to their communities, paying taxes, and raising American-born children. 
     
    “While DHS claims that conditions in Haiti have improved, this assessment appears inconsistent with the State Department’s own travel advisory, which warns of widespread violence, kidnappings, and civil unrest. If the country is considered unsafe for U.S. travelers, it raises serious concerns about sending families back at this time. 
     
    “The economic impact is also significant. TPS holders and their households contribute an estimated $2.3 billion in federal and $1.3 billion in state and local taxes annually. The removal of hundreds of thousands of workers would affect not only South Florida, but also the national economy. 
     
    “Our immigration policies should reflect compassion, consistency, and respect for those who have built their lives here under legal protections. I urge the Administration to reconsider this decision and call on Congress to provide a permanent solution for TPS holders.” 

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Congresswoman Cherfilus-McCormick Statement Condemning Decision to End Temporary Protected Status for Haiti 

    Source: United States House of Representatives – Congresswoman Sheila Cherfilus-McCormick (D-Florida 20th district))

    WASHINGTON, D.C. — Today, Congresswoman Sheila Cherfilus-McCormick (D-FL) released the following statement regarding the termination of Temporary Protected Status (TPS) for Haiti: 
     
    “The Department of Homeland Security’s decision to end Temporary Protected Status (TPS) for Haiti is deeply concerning. It impacts thousands of Haitian families who have lived in the United States legally for over a decade—contributing to their communities, paying taxes, and raising American-born children. 
     
    “While DHS claims that conditions in Haiti have improved, this assessment appears inconsistent with the State Department’s own travel advisory, which warns of widespread violence, kidnappings, and civil unrest. If the country is considered unsafe for U.S. travelers, it raises serious concerns about sending families back at this time. 
     
    “The economic impact is also significant. TPS holders and their households contribute an estimated $2.3 billion in federal and $1.3 billion in state and local taxes annually. The removal of hundreds of thousands of workers would affect not only South Florida, but also the national economy. 
     
    “Our immigration policies should reflect compassion, consistency, and respect for those who have built their lives here under legal protections. I urge the Administration to reconsider this decision and call on Congress to provide a permanent solution for TPS holders.” 

    ###

    MIL OSI USA News –

  • MIL-OSI Russia: IMF Executive Board Concludes 2025 Article IV consultation and First Review Under the Extended Fund Facility for El Salvador

    Source: IMF – News in Russian

    June 27, 2025

    • The IMF Executive Board concluded El Salvador’s 2025 Article IV consultation and completed the first review of the Extended Fund Facility (EFF) arrangement, allowing for an immediate disbursement of SDR 86.16 million (about US$118 million).
    • Program performance has been solid, with the economy continuing to expand as macroeconomic imbalances are being addressed.
    • Key fiscal and international reserve targets were met with margins and progress continues with the ambitious reform agenda in the areas of governance, transparency, and financial resilience.

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) concluded El Salvador’s 2025 Article IV consultation[1] and completed the first review of the Extended Fund Facility (EFF) arrangement. Completion of this review allows immediate disbursement of SDR 86.16 million (about US$118 million), bringing total disbursements under this arrangement to SDR 172.32 million (about US$231 million). The authorities have consented to the publication of this Staff Report.[2]

    El Salvador’s 40-month EFF arrangement was approved by the Executive Board on February 26, 2025, with total access of SDR 1,033.92 million (about US$1.4 billion or 360 percent of quota). The program remains focused on strengthening public finances, rebuilding external and financial buffers, and enhancing governance and transparency frameworks to create the conditions for stronger and more resilient growth.

    Program performance has been solid, with the economy continuing to expand as macroeconomic imbalances are being addressed. Key fiscal and international reserve targets were met with margins and progress continues with the ambitious reform agenda in the areas of governance, transparency, and financial resilience. Specifically, in the context of the first review, (i) a new Fiscal Sustainability Law has been enacted; (ii) a presidential decree limiting exceptions to the Procurement Law has been issued; (iii) financial information on the largest state-owned enterprises has been published; and (iv) information on public contracts has been made more accessible. Steps continue to be taken to mitigate Bitcoin associated risks and unwind the public sector’s participation in Chivo.

    The 2025 Article IV consultation focused on policies to boost medium-term growth and resilience. Special attention was given to policies to support foreign direct investment, employment and exports, while considering the implications of a more challenging external backdrop.

    Following the Executive Board discussion on El Salvador, Mr. Nigel Clarke, Deputy Managing Director and Acting Chair, issued the following statement:

    “El Salvador’s economic program, supported by the Extended Fund Facility arrangement, had an auspicious start. Notably, the economy continues to expand, inflation has further moderated, and the current account deficit has narrowed amid efforts to address macroeconomic imbalances. Fiscal consolidation remains on track, external and financial buffers are being rebuilt, and governance and transparency reforms are proceeding in line with program commitments. In light of rising external risks, agile policy making and contingency planning remain essential to protect program objectives, including in the context of the dollarization regime.

    “Efforts to strengthen public finances must continue, especially through a further rationalization of the wage bill and other current spending. Beyond this year, comprehensive reforms to the civil service and pension reforms are needed to safeguard fiscal consolidation and protect priority social and infrastructure spending. Meanwhile, continued efforts to mobilize official support will help further reduce reliance on bank and pension fund financing and support private sector credit.

    “Sustained efforts are needed to rebuild financial sector buffers and enhance oversight and regulation. The steady implementation of the planned increases in banks’ reserve requirements and liquidity buffers is critical to enhancing resilience and preserving financial stability. These efforts should be complemented by enhancements in the oversight of banks as well as nonbank financial institutions.

    “Steps to strengthen governance and transparency must continue. A consistent and evenhanded application of the new Anti-Corruption Law remains critical, alongside efforts to reinforce the AML/CFT framework in line with international best practices. Boosting confidence and investment requires elevating standards of fiscal reporting and transparency about public contracts, and improved access to public information. Focused efforts should be considered to support foreign direct investment and address infrastructure gaps, including through well-designed public-private partnerships and investor protection schemes.

    “Bitcoin risks should continue to be mitigated. An early unwinding of the public sector’s participation in the government’s e-wallet (Chivo) remains critical, and efforts should continue to keep the public sector’s holdings of Bitcoin unchanged, and to improve the oversight of crypto assets to enhance consumer and investor protection.”

    Executive Board Assessment[3]

    Executive Directors agreed with the thrust of the staff appraisal. They commended the Salvadoran authorities for the strong ownership and satisfactory performance under the Fund‑supported program and welcomed the continued efforts to address macroeconomic imbalances. Directors noted, however, downside risks related to escalating global trade tensions and tighter immigration policies elsewhere, which could negatively impact remittances and growth. Against this backdrop, Directors emphasized the importance of sustaining the reform momentum to safeguard macroeconomic stability and durably address El Salvador’s longstanding structural challenges and encouraged the authorities to stand ready to activate contingency plans as needed.

    Directors underscored the need to sustain fiscal consolidation by further rationalizing the wage bill and containing current expenditures to secure space for priority social and infrastructure spending and put debt firmly on a downward trajectory. They concurred that contingency measures to broaden tax revenues and streamline tax expenditures could also be considered. Directors welcomed the new Fiscal Responsibility Law and agreed that developing and implementing civil service and pension reforms and further strengthening public financial management are essential to underpin the fiscal adjustment over the medium term. Continuing to mobilize official external support would help reduce reliance on bank and pension fund financing and support private sector credit.

    While noting that the financial system remains sound, Directors emphasized the importance of further rebuilding financial sector buffers and strengthening oversight and regulation. They agreed that implementing the new Financial Stability Law and improving the supervision and governance of nonbank financial institutions in line with best practices are also key. Directors encouraged mitigating risks from the use of Bitcoin and boosting the oversight of crypto assets. They stressed the need to unwind the public sector’s participation in the government e‑wallet (Chivo) and to not increase overall Bitcoin holdings by the public sector and underscored the importance of clear and consistent communication in this regard. Directors also emphasized the need to enhance the autonomy of the central bank and strengthen its capital position and boost international reserves.

    Directors underscored the importance of advancing structural reforms to unlock El Salvador’s growth potential. They recommended further strengthening governance and transparency and, in this regard, encouraged enhancing the AML/CFT framework in line with FATF recommendations, securing the consistent and evenhanded application of the new anti‑corruption framework, and strengthening the transparency of public information, including in the procurement process. Noting that the improvements in domestic security offer a unique opportunity to further boost growth, Directors welcomed the authorities’ Long‑term Growth Strategy and encouraged reforms to raise productivity, improve the investment climate, and enhance financial inclusion. They welcomed ongoing efforts to reduce red tape and logistics costs, as well as plans to address large infrastructure and human capital gaps, with support of the private sector. Directors also encouraged strengthening resilience to climate‑related shocks.

    It is expected that the next Article IV consultation with El Salvador will be held in accordance with the Executive Board decision on consultation cycles for members with Fund arrangements.

    Table 1. El Salvador: Selected Economic Indicators

    I. Social Indicators

    Rank in UNDP Development Index 2021 (of 189)

    125

    		  

    Population (million, 2022)

    6.3

    Per capita income (U.S. dollars, 2022)

    5,366

    Life expectancy at birth in years (2021)

    71

    Percent of pop. below poverty line (2021)

    24.6

    		  

    Gini index (2019)

    		  

    39
                   

    II. Economic Indicators (percent of GDP, unless otherwise indicated)

    2020

    2021

    2022

    2023

    2024

    (Est.)

    2025

    (Proj.)

    2026

    (Proj.)

    Income and Prices

    		              

    Real GDP growth (percent)

    -7.9

    11.9

    2.9

    3.5

    2.6

    2.5

    2.5

    Consumer price inflation (average, percent)

    -0.4

    3.5

    7.2

    4.0

    0.9

    1.0

    1.8

    GDP Deflator (percent)

    0.7

    4.1

    6.6

    2.6

    1.8

    0.8

    2.2
                   

    Money and Credit

    		              

    Credit to the private sector

    65.3

    61.1

    62.6

    61.9

    62.5

    66.1

    69.1

    Broad money

    69.4

    60.9

    58.0

    59.5

    58.8

    59.1

    58.1

    Interest rate (time deposits, percent)

    4.2

    4.1

    4.5

    5.3

    5.6

    …

    …
                   

    External Sector

    		              

    Current account balance 

    1.1

    -4.3

    -6.7

    -1.1

    -1.8

    -0.8

    -2.1

    Trade balance

    -20.2

    -27.3

    -30.0

    -26.2

    -26.9

    -27.0

    -26.0

    Transfers (net)

    24.0

    26.1

    24.5

    24.2

    23.7

    25.2

    23.0

    Foreign direct investment (net)

    0.0

    -1.3

    -0.4

    -2.0

    -1.8

    -2.1

    -2.3

    Gross international reserves (mill. of US$)

    3,083

    3,426

    2,696

    3,081

    3,706

    4,252

    4,762
                   

    Nonfinancial Public Sector

    		              

    Overall balance

    -8.2

    -5.5

    -2.7

    -4.7

    -4.5

    -3.0

    -2.1

    Primary balance

    -3.8

    -1.0

    2.0

    -0.1

    0.0

    1.9

    2.9

    Of which: tax revenue

    18.3

    19.9

    20.1

    19.8

    20.6

    21.2

    21.2

    Gross debt 1/

    95.4

    88.0

    83.7

    85.1

    87.5

    88.0

    86.6
                   

    National Savings and Investment

    		              

    Gross capital formation

    17.2

    23.4

    24.5

    20.7

    20.3

    22.0

    21.6

    Private fixed investment 2/

    14.7

    21.0

    19.3

    18.8

    19.4

    19.7

    19.7

    National savings

    18.3

    19.0

    17.7

    19.6

    18.6

    21.1

    19.5

    Private sector

    23.9

    21.4

    18.3

    20.4

    19.4

    20.9

    18.4
                   

    Net Foreign Assets of the Financial System

    		              

    Millions of U.S. dollars

    3,618

    3,022

    1,488

    1,565

    2,298

    2,442

    2,730
                   

    Memorandum Items

    		              

    Nominal GDP (billions of US$)

    24.9

    29.0

    31.9

    33.9

    35.4

    36.5

    38.3
                   

    Sources: Central Reserve Bank of El Salvador, Ministry of Finance, and IMF staff estimates.

    1/ Nonfinancial public sector, including CIP-A pension bonds.

    2/ Excludes changes in inventories.

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.

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

    [3] At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summings up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Brian Walker

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

    https://www.imf.org/en/News/Articles/2025/06/27/imf-concludes-2025-article-iv-consultation-and-first-review-under-the-eff-for-el-salvador

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  • MIL-OSI USA: Rosen, Cortez Masto Announce Critical Funding for Nevada’s Vital Airports

    US Senate News:

    Source: United States Senator Jacky Rosen (D-NV)

    WASHINGTON, DC – U.S. Senators Jacky Rosen (D-NV) and Catherine Cortez Masto (D-NV) announced that the Department of Transportation (DOT) awarded $42,985,481 in grants to international, regional, rural, and Tribal airports in the State of Nevada. This funding will allow airports to make necessary infrastructure improvements and support Nevada’s travel and tourism economy.
    “Nevada’s airports are essential to our state’s tourism economy,” said Senator Rosen. “This funding will help modernize infrastructure, improve safety, and support the continued growth of communities across our state. I’ll keep working to bring federal investments back to Nevada and ensure our airports have the resources they need to thrive.”
    “I’m pleased to see this funding come into the Silver State to upgrade the critical infrastructure of our airports.” said Senator Cortez Masto. “These improvements will protect the comfort and safety of all travelers, whether they’re coming to visit or returning home. I will continue to work in the Senate to support Nevada’s travel and tourism economy and our aviation infrastructure, everywhere from Las Vegas to Elko.”
    A full breakdown of the funding can be found below:

    $41,618,872 for the Harry Reid International Airport for runway, baggage handling, and drainage system improvements.
    $337,375 for the Winnemucca Municipal Airport for wind cone and signage installation and precision approach path indicator systems.
    $305,000 for the Carson City Airport for repavement projects.
    $219,621 for the Jackpot/Hayden Field/County of Elko Airport for runway rehabilitation.
    $114,762 for the Mesquite Airport for service road reconstruction.
    $109,830 for the Owyhee, NV/Shoshone-Paiute Tribes of the Duck Valley Indian Reservation Airport for construction of a new terminal.
    $109,772 for the Battle Mountain/County of Lander Airport for construction of a new airport hangar.
    $107,882 for the Minden-Tahoe/County of Douglas Airport for installation of new lighting to enhance safety.
    $62,367 for the Hawthorne Industrial Airport to infrastructure for snow removal.

    Senators Cortez Masto and Rosen have consistently worked to ensure Nevada receives its fair share of federal funding for its airports. They have secured millions in funding for clean transportation and improvements at Harry Reid International Airport and at Reno-Tahoe International Airport. Both Senators prioritized important airport terminal funding in the Bipartisan Infrastructure Law, and also pushed to secure funds through the American Rescue Plan to support Nevada’s airports and airline workers through the pandemic’s economic crisis to the industry. 

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  • MIL-OSI Russia: IMF Executive Board Concludes Fifth Review Under the Policy Coordination Instrument (PCI) and the Third Review Under the Arrangement Under the Resilience and Sustainability Facility of Paraguay

    Source: IMF – News in Russian

    June 27, 2025

    • On June 27, 2025, the IMF Executive Board concluded the fifth review under the Policy Coordination Instrument (PCI) and the third review under the Resilience and Sustainability Facility (RSF) arrangement.
    • The Paraguayan economy remains robust underpinned by buoyant domestic demand. Staying the course with the fiscal consolidation plan and structural reforms will be critical to preserve macroeconomic stability.
    • Program performance under the PCI and RSF remains very satisfactory, underpinned by a strong commitment to pursue prudent macroeconomic policies and structural reforms to enhance the country’s prospects for long-term sustainable and inclusive growth.

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) today completed the fifth review under the PCI arrangement and the third review under the RSF arrangement. The completion of the reviews provides the authorities with access to approximately US$ 285 million (SDR 211.46 million) under the RSF, of which the authorities have requested disbursement of US$ 195 million (SDR 146 million).

    The Paraguayan economy remains resilient, with real GDP growing 4.2 percent in 2024. Buoyant private consumption and gross fixed capital formation outweighed a negative contribution from net exports owing mainly to lower electricity production and exports. Economic activity continued its strong momentum in early 2025 with real GDP expected to expand 3.8 percent this year. Headline inflation remains contained within the central bank’s tolerance range.

    Fiscal consolidation is progressing, with the fiscal deficit falling to 2.6 percent of GDP in 2024, down from 4.1 percent in 2023, supported by a substantial increase in tax revenue. The fiscal deficit is projected to decline further to 1.9 percent of GDP in 2025. The current account deficit widened to 3.7 percent of GDP in 2024, from 0.4 percent in 2023, primarily due to lower export revenues, driven in large part by lower soybean prices and a drop in hydroelectricity exports because of low river water levels. Foreign reserves remain comfortably above standard adequacy metrics.

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

    “The Paraguayan economy remains resilient, owing to its strong macroeconomic fundamentals and the authorities’ continued prudent macroeconomic management. The outlook is favorable, with growth expected to remain robust, but is subject to elevated global risks and to adverse weather shocks. Against this backdrop, staying the course with prudent macroeconomic management continues to serve as a cornerstone of macroeconomic stability.

    “With inflation contained within the central bank’s tolerance range, monetary policy should remain data driven. The exchange rate should continue to serve as a shock absorber. The banking sector is well capitalized, liquid, and profitable, and the authorities plan to deepen and modernize capital markets. Further strengthening AML/CFT frameworks, including by promptly finalizing the National Risk Assessment, is essential.

    “The authorities remain resolute in advancing the fiscal consolidation plan, aiming to reduce the deficit to 1.5 percent of GDP by 2026—the ceiling established by the Fiscal Responsibility Law. Efforts to bolster tax revenues and improve the efficiency of public expenditure should continue to support fiscal consolidation goals.

    “Addressing the sustainability of the public employees’ pension fund is essential to mitigate medium-term fiscal risks. The overall risk of sovereign stress is low, and ongoing efforts to gradually decrease the proportion of debt denominated in foreign currency would help further strengthen the risk profile of public debt.

    “Policy reforms under the Policy Coordination Instrument and the Resilience and Sustainability Facility are further strengthening macroeconomic stability and resilience. Sustained progress on the reform agenda—including continuing efforts to reduce informality, strengthen governance and anti-corruption frameworks, and enhance resilience to natural disasters—will further improve the business environment, boost Paraguay’s appeal as an investment destination, and reinforce macroeconomic stability.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Julie Ziegler

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

    https://www.imf.org/en/News/Articles/2025/06/27/pr-25224-paraguay-imf-concludes-5th-rev-under-pci-and-3rd-rev-under-rsf

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  • MIL-OSI USA: Hoyle, Wyden, Merkley, Bonamici Announce $1 Million for Airports on Oregon Coast & Willamette Valley

    Source: US Representative Val Hoyle (OR-04)

    June 27, 2025

    Federal grants heading to airports in Tillamook, Astoria, Brookings and Aurora.

    For Immediate Release: June 27, 2025 

    WASHINGTON, D.C. – U.S. Representative Val Hoyle (OR-04) along with U.S. Senators Ron Wyden and Jeff Merkley and Rep. Suzanne Bonamici (OR-01), today announced $1.08 million combined in federal infrastructure investments at airports in Tillamook, Astoria, Brookings and Aurora.

    “I’m happy to see these investments being made in Brookings and across Oregon to help improve safety, modernize equipment, and make these airports more viable for residents and tourists, alike,” said Rep. Hoyle. “These upgrades will grow local economies by making towns on the South Coast more accessible. I am grateful.”  

    “Federal investments in smaller airports throughout Oregon are a must to enhance quality of life in rural communities,” Wyden said. “I’m gratified these federal resources are heading to our state, and I’ll keep battling for similar investments that support local economies, ensure emergency services during wildfires and more.”

    “Oregon’s regional airports serve as vital hubs for our communities and economies – supporting local businesses, connecting travelers to world-class recreational opportunities, and providing essential lifelines during natural disasters,” Merkley said. “This federal funding will allow several Oregon regional airports to make critical infrastructure improvements that will benefit our communities and economy. I’ll fight to protect the efficiency and safety of Oregon’s airports and the folks who rely on them for business, travel, and so much more.” 

    “Investments in NW Oregon’s ports bolster our local economy,” said Rep. Bonamici. “This federal funding will help upgrade aviation infrastructure on the coast and across rural Oregon. I will continue to advocate for resources that help Oregonians thrive.”

    The $1.08 million in grants from the Federal Aviation Administration will be distributed as follows:

    • $474,390 to the Port of Tillamook Bay for a new fuel farm with two fuel tanks, two self-service pumps and associated apron pavement for a new fuel type to help the airport be as self-sustaining as possible. 

    • $320,890 to the Port of Astoria for rebuilding a 12,800-square-foot, 10-unit hangar used for aircraft storage.

    • $159,000 to the city of Brookings to acquire and install new wind cone navigational aids, to install a new airport rotating beacon to enhance safety, to rebuild a precision approach path indicator system, rebuild runway end identifier lights, rebuild medium intensity lighting.

    • $129,501 to the Oregon Department of Aviation for the Aurora State Airport to rehabilitate 5,003 feet of existing paved runway.

    Hoyle, Wyden, Merkley, and Bonamici have long supported airports across Oregon. In May, the Oregon delegation announced $22 million for airport infrastructure investments statewide. In September 2024, Wyden and Merkley announced $10 millionin federal grants for airports in Medford and Prineville. In July 2024, Hoyle, Merkley, and Wyden announced $17 million from the federal Airport Improvement Program for airports across Oregon.

    A web version of the release is here.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Hoyle, Wyden, Merkley, Bonamici Announce $1 Million for Airports on Oregon Coast & Willamette Valley

    Source: US Representative Val Hoyle (OR-04)

    June 27, 2025

    Federal grants heading to airports in Tillamook, Astoria, Brookings and Aurora.

    For Immediate Release: June 27, 2025 

    WASHINGTON, D.C. – U.S. Representative Val Hoyle (OR-04) along with U.S. Senators Ron Wyden and Jeff Merkley and Rep. Suzanne Bonamici (OR-01), today announced $1.08 million combined in federal infrastructure investments at airports in Tillamook, Astoria, Brookings and Aurora.

    “I’m happy to see these investments being made in Brookings and across Oregon to help improve safety, modernize equipment, and make these airports more viable for residents and tourists, alike,” said Rep. Hoyle. “These upgrades will grow local economies by making towns on the South Coast more accessible. I am grateful.”  

    “Federal investments in smaller airports throughout Oregon are a must to enhance quality of life in rural communities,” Wyden said. “I’m gratified these federal resources are heading to our state, and I’ll keep battling for similar investments that support local economies, ensure emergency services during wildfires and more.”

    “Oregon’s regional airports serve as vital hubs for our communities and economies – supporting local businesses, connecting travelers to world-class recreational opportunities, and providing essential lifelines during natural disasters,” Merkley said. “This federal funding will allow several Oregon regional airports to make critical infrastructure improvements that will benefit our communities and economy. I’ll fight to protect the efficiency and safety of Oregon’s airports and the folks who rely on them for business, travel, and so much more.” 

    “Investments in NW Oregon’s ports bolster our local economy,” said Rep. Bonamici. “This federal funding will help upgrade aviation infrastructure on the coast and across rural Oregon. I will continue to advocate for resources that help Oregonians thrive.”

    The $1.08 million in grants from the Federal Aviation Administration will be distributed as follows:

    • $474,390 to the Port of Tillamook Bay for a new fuel farm with two fuel tanks, two self-service pumps and associated apron pavement for a new fuel type to help the airport be as self-sustaining as possible. 

    • $320,890 to the Port of Astoria for rebuilding a 12,800-square-foot, 10-unit hangar used for aircraft storage.

    • $159,000 to the city of Brookings to acquire and install new wind cone navigational aids, to install a new airport rotating beacon to enhance safety, to rebuild a precision approach path indicator system, rebuild runway end identifier lights, rebuild medium intensity lighting.

    • $129,501 to the Oregon Department of Aviation for the Aurora State Airport to rehabilitate 5,003 feet of existing paved runway.

    Hoyle, Wyden, Merkley, and Bonamici have long supported airports across Oregon. In May, the Oregon delegation announced $22 million for airport infrastructure investments statewide. In September 2024, Wyden and Merkley announced $10 millionin federal grants for airports in Medford and Prineville. In July 2024, Hoyle, Merkley, and Wyden announced $17 million from the federal Airport Improvement Program for airports across Oregon.

    A web version of the release is here.

    ###

    MIL OSI USA News –

  • MIL-OSI Canada: So Alberta, what’s next? | Alors, quelle est la prochaine étape pour l’Alberta?

    [embedded content]

    Albertans are frustrated after 10 years of punitive policies, enacted by the federal government, attacking Alberta’s economy and targeting its core industries.

    Chaired by Premier Danielle Smith, the Alberta Next panel will bring together a broad mix of leaders, experts, and community voices to gather input, discuss solutions, and provide feedback to government on how Alberta can better protect its interests, defend its economy, and assert its place in Confederation.

    The panel will consult across the province over the summer and early fall to ensure that those living, working, doing business and raising families are the ones to drive Alberta’s future forward. The work will include identifying solutions advanced by Albertans on how to make Alberta stronger and more sovereign within a united Canada that respects and empowers the province to achieve its full potential. It will also include making recommendations to the government on potential referendum questions for Albertans to vote on in 2026.

    It will consider and hear from Albertans on the risks and benefits of ideas like a establishing an Alberta Pension Plan, using an Alberta Provincial Police Service rather than the RCMP for community policing, whether Albertans should consider pursuing constitutional changes, which (if any) changes to federal transfer payments and equalization Albertans should demand of the federal government, potential immigration reform that would give the provincial government more oversight into who comes to the province, and changes to how Alberta collects personal income tax. Albertans will also have the opportunity to put forward their own ideas for discussion.

    “This isn’t just about talk. It’s about action. The Alberta Next Panel is giving everyday Albertans a direct say in the direction of our province. It’s time to stand up to Ottawa’s overreach and make sure decisions about Alberta’s future are made here, by the people who live and work here.”

    Danielle Smith, Premier

    “Right now, there is a need to restore fairness and functionality in the country. Years of problematic policy and decisions from Ottawa have hurt Albertan and Canadian prosperity. I am honoured to be asked by Premier Smith to participate in the Alberta Next Panel. This panel is about listening to Albertans on how we build a stronger Alberta within a united Canada, to which I, and the Business Council of Alberta, are firmly committed.”

    Adam Legge, president of the Business Council of Alberta

    Chaired by Premier Danielle Smith, the panel includes 13 additional members, including elected officials, academics, business leaders and community advocates:

    • Honourable Rebecca Schulz, Minister of Environment and Protected Areas of Alberta
    • Brandon Lunty, MLA for Leduc-Beaumont
    • Glenn van Dijken, MLA for Athabasca-Barrhead-Westlock
    • Tara Sawyer, MLA-elect for Olds-Didsbury-Three Hills
    • Bruce McDonald, former justice, Court of Appeal of Alberta
    • Trevor Tombe, director of fiscal and economic policy, the University of Calgary School of Public Policy
    • Adam Legge, president, Business Council of Alberta
    • Andrew Judson, vice chairman (prairies), Fraser Institute
    • Sumita Anand, vice president, Above and Beyond Care Services
    • Melody Garner-Skiba, business and agricultural advocate
    • Grant Fagerheim, president and CEO, Whitecap Resources Inc.
    • Dr. Akin Osakuade, physician and section chief, Didsbury Hospital
    • Dr. Benny Xu, community health expert
    • Michael Binnion, president, Questerre Energy

    Albertans have a choice: let Ottawa continue calling the shots—or come together to chart our own course. What’s next? You decide.

    Key facts:

    • Town hall dates and sites, along with other opportunities to participate in this engagement, are available online at Alberta.ca/Next. Exact locations will be posted in the weeks ahead of the event, and Albertans will be asked to RSVP online.
    • The panel’s recommendations will be submitted to government by Dec. 31, 2025.
    • It is anticipated that the panel will add additional members in the coming weeks.

    Related information

    • Alberta.ca/Next
    • Panel member biographies

    Related news

    • Alberta Next: Albertans to choose path forward (May 5, 2025)

    Multimedia

    • Watch the news conference
    • Listen to the news conference

    Ce sont les Albertains, et non Ottawa, qui devraient façonner l’avenir de l’Alberta. Le groupe d’experts Alberta Next prend la route pour consulter directement les Albertains et tracer la voie à suivre pour la province.

    Les Albertains sont frustrés après 10 ans de politiques punitives adoptées par le gouvernement fédéral qui s’en prennent à l’économie de la province et qui ciblent ses principales industries.

    Le groupe d’experts Alberta Next, présidé par la première ministre Danielle Smith, réunira un large éventail de chefs de file, d’experts et de membres de la collectivité pour recueillir des commentaires, discuter de solutions et fournir une rétroaction au gouvernement sur la façon dont l’Alberta peut mieux protéger ses intérêts. défendre son économie et affirmer sa place dans la Confédération.

    Le groupe d’experts tiendra des consultations dans toute la province au cours de l’été et au début de l’automne pour veiller à ce que les personnes qui vivent, travaillent, font des affaires et élèvent une famille soient celles qui conduiront l’avenir de l’Alberta. Le travail consistera notamment à trouver des solutions proposées par les Albertains pour rendre l’Alberta plus forte et plus souveraine au sein d’un Canada uni qui respecte la province et qui lui donne les moyens de réaliser son plein potentiel. Il s’agira également de formuler des recommandations au gouvernement sur les questions référendaires potentielles sur lesquelles les Albertains pourront se prononcer en 2026.

    Il tiendra compte des risques et des avantages d’idées comme l’établissement d’un régime de retraite de l’Alberta, le recours à un service de police provincial de l’Alberta plutôt qu’à la Gendarmerie royale du Canada pour les services de police communautaires et entendra ce que les Albertains ont à dire à ce sujet. Il déterminera si les Albertains devraient envisager de modifier la Constitution, (s’il y a lieu) des changements aux paiements de transfert fédéraux et à la péréquation que les Albertains devraient exiger du gouvernement fédéral, une réforme potentielle de l’immigration qui donnerait au gouvernement provincial plus de contrôle sur ceux qui viennent dans la province, et des changements à la façon dont l’Alberta perçoit l’impôt sur le revenu des particuliers. Les Albertains auront également l’occasion de présenter leurs propres idées aux fins de discussion.

    « Il ne s’agit pas seulement de paroles. Il s’agit d’agir. Le groupe d’experts Alberta Next donne aux Albertains ordinaires la chance d’experimer leur point de vue sur l’orientation de notre province. Il est temps de résister à l’excès d’Ottawa et de veiller à ce que les décisions concernant l’avenir de l’Alberta soient prises ici, par les gens qui vivent et travaillent ici. »

    Danielle Smith, première ministre

    « Il est désormais nécessaire de rétablir l’équité et la fonctionnalité du pays. Des années de politiques et de décisions problématiques d’Ottawa ont nui à la prospérité de l’Alberta et du Canada. Je suis honoré d’avoir été invité par la première ministre Smith à participer au groupe d’experts Alberta Next. Ce groupe d’expers a pour objectif d’écouter les points de vue des Albertains sur la façonde bâtir une Alberta plus forte au sein d’un Canada uni, ce à quoi le Business Council of Alberta et moi-même tenons fermement. »

    Adam Legge, président du Business Council of Alberta

    Le groupe d’experts, présidé par la première ministre Danielle Smith, comprend 13 autres membres, y compris des représentants élus, des universitaires, des chefs d’entreprise et des défenseurs de la collectivité :

    • L’honorable Rebecca Schulz, ministre de l’Environnement et des Aires protégées de l’Alberta
    • Brandon Lunty, député de Leduc-Beaumont
    • Glenn van Dijken, député d’Athabasca-Barrhead-Westlock
    • Tara Sawyer, députée élue d’Olds-Didsbury-Three Hills
    • Bruce McDonald, ancien juge, Cour d’appel de l’Alberta
    • Trevor Tombe, directeur de la politique fiscale et économique, École de politique publique de l’Université de Calgary
    • Adam Legge, président, Business Council of Alberta
    • Andrew Judson, vice-président (Prairies), Institut Fraser
    • Sumita Anand, vice-présidente, Above and Beyond Care Services
    • Melody Garner-Skiba, défenseure des affaires et de l’agriculture
    • Grant Fagerheim, président-directeur général, Whitecap Resources Inc.
    • Dr Akin Osakuade, médecin et chef de section, Hôpital Didsbury
    • Dr Benny Xu, expert en santé communautaire
    • Michael Binnion, président, Questerre Energy

    Les Albertains ont le choix : laisser Ottawa continuer à prendre les décisions ou s’unir pour tracer notre propre voie. Prochaines étapes? C’est vous qui décidez.

    Faits saillants :

    • Les dates et les sites des assemblées publiques locales, ainsi que d’autres occasions de participer à cette consultation, sont disponibles en ligne à Alberta.ca/Next. Les lieux exacts seront publiés dans les semaines précédant l’événement et les Albertains seront invités à confirmer leur présence en ligne.
    • Les recommandations du groupe d’experts seront soumises au gouvernement d’ici le 31 décembre 2025.
    • On prévoit que le groupe d’experts ajoutera d’autres membres au cours des prochaines semaines.

    Renseignements connexes

    • Alberta.ca/Next
    • Biographies des membres du groupe d’experts (en anglais seulement)

    Nouvelles connexes

    • Alberta Next: Albertans to choose path forward (5 mai 2025)

    Multimédia

    • Visionnez la conférence de presse (en anglais seulement)

    MIL OSI Canada News –

  • MIL-OSI: UPDATE — Gemini to List Dinari’s Tokenized U.S. Equities, Bringing Access to European Investors

    Source: GlobeNewswire (MIL-OSI)

    A previously issued version of this release referenced availability in the Asia-Pacific region. At this time, the offering is only available to Gemini customers in Europe.

    SAN FRANCISCO, June 27, 2025 (GLOBE NEWSWIRE) — Gemini today listed its first tokenized U.S. stock, MicroStrategy (Nasdaq: MSTR), powered by Dinari, the leading provider of tokenized U.S. public securities. The launch opens trading to customers in Europe and kicks off a series of public-equity offerings that pair Dinari’s tokenization-on-demand infrastructure with Gemini’s regulated platform.

    Gemini has a history of debuting regulated, first-to-market products, from insured custody to the industry’s earliest SOC-certified exchange. Adding tokenized U.S. equities is the next step in that roadmap, layering real-world stocks onto a venue that already supports more than 80 digital assets and safeguards roughly $8 billion in customer holdings.

    Through Dinari’s platform, Gemini users can now trade fully backed MicroStrategy (MSTR) dSharesTM alongside crypto. Dinari’s rollout of 24/5 primary market trading to coincide with the launch offers customers traditional-market liquidity and transparent pricing, while Gemini’s infrastructure offers seamless DeFi interoperability while maintaining a focus on compliance.

    The rollout of the tokenized equity offering began for European customers today and looks to extend to additional regions, including the United States, over the coming months.

    “Gemini has been a pioneer in the crypto space, building compliant and secure infrastructure for assets to be bought, held, and sold for over a decade. We’re proud to partner with a team that shares our compliance-first, innovation-driven values, and we’re thrilled to support Gemini’s rollout of real-world assets to Gemini customers,” said Gabe Otte, Co-Founder and CEO of Dinari.

    “At Gemini, we’ve always believed in a ‘security-first’ approach, an ethos of asking for permission, not forgiveness. Partnering with Dinari aligns perfectly with that vision. We’re proud to offer our users a high-integrity option for accessing real-world financial markets on-chain,” said Tyler Winkelvoss, co-founder and CEO of Gemini.

    To stay up to date on the latest offerings of dShares™ on Gemini, follow @DinariGlobal and @Gemini on X.

    About Dinari Inc.
    Dinari Inc. is the largest tokenized U.S. public securities provider, with a mission to enable investing in anything from anywhere through its compliance-first, blockchain-based tokenization technology. With Dinari Inc., neobanks, fintechs, and other financial services providers can offer their customers seamless access to U.S. public markets through Dinari’s fully-backed dShares™.

    By tokenizing real-world equities at scale, Dinari Inc. provides global investors with seamless access to over 100 tokenized U.S. public stocks and financial assets. Turnkey integration and a focus on working with partners to navigate regulatory challenges make it easy for Neobanks, fintechs, and other institutions to remain at the forefront of financial technology.

    Dinari Inc. has raised $22.65 million to date from leading investors including VanEck Ventures, Hack VC, F-Prime Capital, Blockchange Ventures, and Balaji Srinivasan.

    Dinari Inc. is a Registered Transfer Agent with the United States Securities & Exchange Commission (Section 17A(c)). Dinari dShares™ are not currently available in the United States and certain jurisdictions as limited by law.

    About Gemini
    Gemini is a global crypto and Web3 platform founded by Cameron and Tyler Winklevoss in 2014. Gemini offers a wide range of crypto products and services for individuals and institutions in over 70 countries. Gemini’s simple, reliable, and secure products are built to unlock the next era of financial, creative, and personal freedom.

    Media Contact
    Kayla Gill | kayla@serotonin.co
    Leslie Termuhlen | leslie@serotonin.co

    The MIL Network –

  • MIL-OSI: Security National Financial Corporation set to join Russell 3000® Index

    Source: GlobeNewswire (MIL-OSI)

    SALT LAKE CITY, June 27, 2025 (GLOBE NEWSWIRE) — Security National Financial Corporation (SNFCA) joined the broad-market Russell 3000 Index at the conclusion of the 2025 Russell indexes annual reconstitutions, effective after the US market opens on June 30, 2025.

    The annual Russell reconstitutions capture the 4,000 largest US stocks as of April 30th, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in either the large-cap Russell 1000 Index or the small-cap Russell 2000 Index, as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

    Scott Quist, President and Chairman of the Board for Security National Financial Corporation stated “Security National has always strived to provide strong returns for our investors and provide an investment vehicle that is stable. The inclusion of Security National in the Russell 3000 this year is evidence of our continued efforts.”

    Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider.

    Fiona Bassett, CEO of FTSE Russell, an LSEG business, comments:

    “The Russell indexes have continuously adapted to the evolving dynamic US economy, and it’s crucial to fully recalibrate the suite of Russell US Indexes, ensuring the indexes maintain an accurate representation of the market. The transition to a semi-annual reconstitution frequency from 2026 will ensure our indexes continue to represent the market and maintain the purpose of the index as a portfolio benchmark.”

    For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

    About Security National Financial Corporation:

    Founded in 1965, Security National Financial Corporation operates in three business segments. The Company sells and services selected lines of life insurance, annuity products, and accident and health insurance, operates cemeteries in Utah, New Mexico and California and mortuaries in Utah and New Mexico, and originates and underwrites residential and commercial loans for new construction and existing homes.

    About FTSE Russell:
    FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. 

    FTSE Russell is wholly owned by London Stock Exchange Group. 

    For more information, visit FTSE Russell.

    Contact: Scott M. Quist or Garrett S. Sill
    Security National Financial Corporation
    P.O. Box 57250
    Salt Lake City, Utah 84157
    (Telephone) (801) 264-1060
    (Fax) (801) 264-8430
    Website: www.securitynational.com

    This press release contains statements that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to the Company and its business. The predictions in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.

    The MIL Network –

  • MIL-OSI Economics: Uzbekistan and Public-Private Partnerships: Country Lessons, Republic of Uzbekistan

    Source: International Monetary Fund

    Summary

    Public-Private Partnerships (PPPs) utilize private sector expertise, risk sharing, management, and financing to improve public investment. However, these benefits also carry risks. Project level risks include poor selection, optimism bias, off-budget financing, and contract renegotiation. Countries can manage these risks by integrating PPPs into the public investment plan, testing assumptions via scenario analysis, and evaluating risks during the selection process. Macroeconomic risks can arise if PPPs perform poorly or accumulate too rapidly. These risks can be addressed by implementing an annual cap on new projects or a cap on the PPP stock. Having a robust system to monitor PPPs improves implementation and guards losses from contingent liabilities.

    Subject: Budget planning and preparation, Contingent liabilities, Expenditure, Financial institutions, Fiscal risks, Infrastructure, National accounts, PPP legislation, Public financial management (PFM), Public investment spending, Risks of public-private partnership, Stocks

    Keywords: Budget planning and preparation, Contingent liabilities, Fiscal risks, Government liabilities, Infrastructure, National Subsidies, PPP legislation, Public Enterprise Governance, Public Enterprise Performance, Public Infrastructure, Public Investment, Public investment spending, Public Private, Public vs Private, Public-Private Partnerships, Risks of public-private partnership, Scope of Government, Sectoral analysis, Stocks

    MIL OSI Economics –

  • MIL-OSI Economics: The Sequencing and speed of Reforms in Transition Economies: Implications for the Case of Uzbekistan

    Source: International Monetary Fund

    Summary

    Uzbekistan has made significant progress in its transition to a market economy since 2017, achieving advancements in macroeconomic stabilization, trade and exchange rate liberalization, price liberalization, and small-scale privatization. Despite these successes, challenges remain in reforming and privatizing large state-owned enterprises and banks and fostering a competitive market environment with easy market entry and exit. Future reforms should focus on entrenching macroeconomic stability, completing trade and price liberalization, hardening budget constraints for state-owned enterprises and banks, enhancing their corporate governance, accelerating privatization, and redefining the state’s role to support private sector development.

    Subject: Balance of payments, Capital account liberalization, Competition, Economic sectors, Financial markets, Financial regulation and supervision, Financial Sector, Financial sector reform, Fiscal policy, Fiscal stabilization, International trade, Privatization, Public enterprises, Tariffs, Taxes, Trade liberalization

    Keywords: Capital account liberalization, Competition, Economic recession, Financial sector, Financial sector reform, Fiscal stabilization, Foreign exchange, Pace of Economic Reforms, Privatization, Privatization, Public enterprises, Sequencing of Economic Reforms, Tariffs, Trade liberalization, Transition Economics, Uzbekistan

    MIL OSI Economics –

  • MIL-OSI Security: Former Antioch Police Officer Sentenced to Seven Years in Prison for Civil Rights Violation, Falsification of Records, and Wire Fraud Offenses

    Source: US FBI

    OAKLAND – Former Antioch police officer Morteza Amiri was sentenced today to 84 months in federal prison for violating the civil rights of an individual through excessive force, falsifying records related to that violation, and participating in a scheme to obtain pay raises from the Antioch Police Department for a university degree he paid someone else to obtain.  The sentence was handed down by Senior U.S. District Judge Jeffrey S. White, who presided over two trials that resulted in Amiri’s convictions for these crimes.  

    In August 2024, following a four-day trial, a jury found Amiri, 34, guilty of one count of wire fraud and one count of conspiracy to commit wire fraud in connection with the fraudulently-obtained degree scheme.  Thereafter, in March 2025, following eight-day trial, a jury found Amiri guilty of one count of deprivation of rights under color of law and one count of falsification of records in connection with a July 2019 arrest.  Amiri was remanded to the custody of the U.S. Marshals on March 18, 2025, and has remained in federal custody since then.  

    “Amiri misused his police dog to inflict unnecessary and excessive force against a victim and cheated his way into a pay raise.  These crimes are appalling in themselves, but even more so that they were committed by a police officer. With this sentence, Amiri is now being held to account for his multiple betrayals of the public trust,” said United States Attorney Craig H. Missakian.

    “Amiri betrayed the public’s trust, abused his authority, and violated the civil rights of a person he was sworn to protect.  His actions undermine the integrity of law enforcement and erode public confidence.  Today’s sentence sends a clear message: no badge is a shield from accountability. The FBI remains steadfast in its mission to protect the civil rights of all people and to hold those who abuse their power accountable under the law,” said FBI Special Agent in Charge Sanjay Virmani.  

    Amiri was previously employed as a police officer with the Antioch Police Department.  According to court documents and evidence presented at the trial in March 2025, Amiri, a K-9 handler, deployed his K-9 to bite even when it was not necessary.  On July 24, 2019, Amiri pulled over and stopped a bicyclist identified as A.A., who, according to Amiri, did not have his bicycle light on.  Amiri approached A.A., punched and took the victim to the ground, and then called for his K-9 to bite the victim.  As a result, A.A. sustained injuries.  At the time, Amiri was accompanied by a police officer with a neighboring agency as a ride-along, and that officer assisted with the deployment of the K-9.  Afterwards, Amiri shared pictures of the victim’s wounds with other Antioch police officers.  One officer responded, “Yeah buddy good boy,” referring to the K-9, and “Lol you bit [A.A.].”  In response to a question from another officer about what cut the dog’s face, Amiri responded, “that’s a piece of the suspect’s flesh lol.”  

    Amiri later wrote to the officer who accompanied him on the ride-along, “you got to see [the K-9] in action lol,” and stated that detectives got the victim “a 45 day violation and we are gonna leave it at that so i don’t go to court for the bite. Easy,” referring to the victim going into custody for a parole/probation violation.  Amiri then falsified a police report of the incident, stating that one of the reasons he deployed his K-9 was because he was alone, when instead the ride-along police officer was with him at the time and had helped Amiri deploy the K-9.

    Separately, the evidence presented at the trial in August 2024 showed that the City of Antioch and City of Pittsburg’s Police Departments offered reimbursements toward higher education tuition and expenses, along with pay raises and other financial incentives upon completion of a degree.  Instead of completing higher education coursework on their own, Amiri and his co-conspirators hired someone to complete entire courses on their behalf at an online university to secure a bachelor’s degree in criminal justice.  Amiri and his co-conspirators then represented they had taken those courses and earned the degrees from the university when requesting reimbursements and/or financial incentives from their police department employers.  They were in turn paid additional financial incentives, calculated as percentages of their salaries, while they remained employed by their police departments.

    In addition to the prison term, Judge White also sentenced Amiri to three years of supervised release and ordered Amiri to pay restitution in the amount of $3,180 to victim A.A. and $10,526 to the City of Antioch.

    The case is being prosecuted by the National Security & Special Prosecutions Section and the Oakland Branch of the United States Attorney’s Office.  This prosecution is the result of an investigation by the FBI and the Contra Costa County District Attorney’s Office.

    * * *

    These charges against Amiri were brought as part of an investigation into the Antioch and Pittsburgh police departments that resulted in multiple charges against 10 current and former officers and employees of these two police departments for various crimes ranging from the use of excessive force to fraud.  The status of these cases, all of which are before Senior U.S. District Judge Jeffrey S. White, is below:
     

    Case Name and Number Statute(s)

    Defendant

    (Bold: multiple case numbers)

    		 Status

    Fraud

    23-cr-00264

    		 18 U.S.C. §§ 1349 (Conspiracy to Commit Wire Fraud; 1343 (Wire Fraud) Patrick Berhan Sentenced to 30 months custody, 2 years supervised release concurrent with 24-cr-157 on 9/5/24
    Morteza Amiri Sentenced to 84 months custody, 3 years supervised release concurrent with 23-cr-269 on 6/24/25
    Amanda Theodosy a/k/a Nash Sentenced to 3 months custody, 3 years supervised release 11/15/24
    Samantha Peterson Sentenced to time served, 3 years supervised release 4/24/24
    Ernesto Mejia-Orozco Sentenced to 3 months custody, 3 years supervised release on 9/19/24
    Brauli Jalapa Rodriguez Sentenced to 3 months custody, 3 years supervised release on 10/25/24

    Obstruction

    23-cr-00267

    		 18 U.S.C. §§ 1519 (Destruction, Alteration, and Falsification of Records in Federal Investigations); 1512(c)(2) (Obstruction of Official Proceedings); 242 (Deprivation of Rights Under Color of Law) Timothy Manly Williams Pleaded guilty 11/28/23, status conference 8/19/25

    Anabolic Steroid Distribution

    23-cr-00268

    		 21 U.S.C. §§ 846 (Conspiracy to Distribute and Possess with Intent to Distribute Anabolic Steroids), 841(a)(1), and (b)(1)(E)(i) (Possession with Intent to Distribute Anabolic Steroids) Daniel Harris Pleaded guilty 9/17/24, status conference 8/19/25

    21 U.S.C. §§ 846, 841(a)(1), and (b)(1)(E)(i) (Conspiracy to Distribute and Possess with Intent to Distribute Anabolic Steroids);

    18 U.S.C.§ 1519 (Destruction, Alteration, and Falsification of Records in Federal Investigations)

    		 Devon Wenger Convicted at trial 4/30/25, sentencing pending

    Civil Rights

    23-cr-00269

    		 18 U.S.C. §§ 241 (Conspiracy Against Rights), 242 (Deprivation of Rights Under Color of Law); § 1519 (Destruction, Alteration, and Falsification of Records in Federal Investigations) Morteza Amiri Sentenced to 84 months custody, 3 years supervised release concurrent with 23-cr-264 on 6/24/25
    18 U.S.C. §§ 241 (Conspiracy Against Rights), 242 (Deprivation of Rights Under Color of Law) Eric Rombough Pleaded guilty 1/14/25, status conference 8/19/25
    18 U.S.C. §§ 241 (Conspiracy Against Rights), 242 (Deprivation of Rights Under Color of Law) Devon Wenger Trial 8/4/25

    Anabolic Steroid Distribution

    24-cr-00157

    		 21 U.S.C. §§ 841(a)(1) and (b)(1)(E)(i) (Possession with Intent to Distribute Anabolic Steroids) Patrick Berhan Sentenced to 30 months custody, 2 years supervised release concurrent with 23-cr-264 on 9/5/24

    Bank Fraud

    24-cr-00502

    		 18 U.S.C. § 1344(1), (2) (Bank fraud) Daniel Harris Pleaded guilty 9/17/24, status conference 8/19/25

    MIL Security OSI –

  • MIL-OSI: Record Notional Value of Shares Traded on the Nasdaq Closing Cross During the 2025 Russell US Indexes Reconstitution

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 27, 2025 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) today announced the Nasdaq Closing Cross had a record day as it was used to rebalance Nasdaq-listed securities in the entire family of Russell US Indexes, part of global index provider FTSE Russell, during its annual reconstitution. This year marks the 41st anniversary of the Russell 3000® Index and the 22nd year that the Closing Cross has been used to calculate the Russell Reconstitution.

    2,506,428,416 shares, representing a record $102.455 billion, were executed in the Closing Cross in 0.871 seconds across Nasdaq-listed securities, representing the largest liquidity event on the Nasdaq Stock Exchange for the Russell Reconstitution. The new milestone compares with 2024’s record, which represented $95.257 billion, executed in 0.878 seconds across Nasdaq-listed securities during Russell’s annual reconstitution.

    “The Nasdaq Closing Cross serves a critical role in capital markets infrastructure, processing trades and providing transparent price facilitation, particularly as U.S equities see unprecedented volumes and message traffic,” said Kevin Kennedy, Executive Vice President of North American Markets at Nasdaq. “We are thrilled to celebrate a new record notional value of shares traded during the Russell Reconstitution and to continue delivering the highest level of performance, resilience and precision for the market every day, including during the market’s most critical events.”

    “Russell Reconstitution is a cornerstone event for the US equity markets, ensuring the full suite of Russell US Indexes remain precise and representative of the ever-evolving marketplace,” said Fiona Bassett, CEO of FTSE Russell. “This year’s record notional volume underscores the continued trust the investment community places in our transparent and rules-based process. We’re proud to celebrate the successful completion of this year’s rebalancing with our longstanding friends at Nasdaq, marking another milestone in our shared commitment to market integrity and efficiency.”

    The Closing Cross brings together buy and sell interests executing all shares for each stock at a single price, one that reflects the accurate supply and demand for these securities. The technology reflects each symbol’s true supply and demand, providing unparalleled insight into the market close.

    All Russell US Indexes are subsets of the Russell 3000E™ Index, which represents approximately 98% of the US equity market. Russell US Indexes allow investors to track current and historical market performance by specific market segment (large cap/small cap) or investment style (growth/value/defensive/dynamic). Today, approximately $10.6 trillion in assets are benchmarked to or invested in products based on the Russell US Indexes.

    Russell reconstitution day is one of the year’s most highly anticipated and heaviest trading days in the US equity market, as asset managers seek to reconfigure their portfolios to reflect the composition of Russell’s newly reconstituted US indexes. The index reconstitution process was completed today, and the newly reconstituted index membership will take effect when markets open on Monday, June 30th, 2025. Please visit our website for more information on the Nasdaq Closing Cross.

    Continued expansion in trading volumes

    Since the Nasdaq Closing Cross began calculating the Russell Reconstitution over two decades ago, the Cross has reduced latency by over 85% while effectively keeping pace with an increasing trade volume growth of over 550% and an increasing notional volume growth of over 1500%. To maintain the liquidity and resiliency of its systems during these evolving market conditions, Nasdaq has made considerable investments in market modernization and capacity enhancement. These efforts are consistent with Nasdaq’s broader commitment to providing technology solutions that enhance transparency and support the global financial ecosystem.

    Trading volume increases have been felt not just by Nasdaq, but by firms globally, necessitating the development and deployment of technologically enhanced markets and trading infrastructure. Leveraging its expansive experience operating leading exchange businesses in the world’s most advanced markets, Nasdaq recently launched Eqlipse, the fourth generation of its marketplace technology platform. The launch followed years of strategic investment to develop a unified and interoperable suite of solutions across trading, clearing, central securities depository, and data intelligence. It allows Nasdaq to form deeper strategic technology partnerships with market infrastructure providers, which includes more than 135 clients around the world, reinforcing Nasdaq’s ability to enhance liquidity, transparency and integrity across global capital markets.

    About Nasdaq
    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    About FTSE Russell:
    FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. 

    FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

    A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. 

    FTSE Russell is wholly owned by London Stock Exchange Group. 

    For more information, visit FTSE Russell.

    Cautionary Note Regarding Forward-Looking Statements
    The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include but are not limited to factors detailed in Nasdaq’s annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

    Nasdaq Media Contacts:
    Gabrielle Vennitti
    (914) 510-3354
    Gabrielle.Vennitti@nasdaq.com

    FTSE Russell Media Contact:
    Simon Henrick
    +44 (0)20 7797 1222 
    newsroom@lseg.com

    – NDAQG –

    The MIL Network –

  • MIL-OSI: Univest Securities, LLC Announces Closing of $15 Million Public Offering for its Client Globavend Holdings Limited (NASDAQ: GVH)

    Source: GlobeNewswire (MIL-OSI)

    New York, June 27, 2025 (GLOBE NEWSWIRE) — Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of Public Offering (the “Offering”) of approximately $15 million for its client Globavend Holdings Limited (NASDAQ: GVH) (“Globavend” or the “Company”), an emerging e-commerce logistics provider.

    The offering is comprised of 21,739,130 of the Company’s ordinary shares (or pre-funded warrants in lieu of ordinary shares). Each ordinary share or pre-funded warrant was sold with one Series A Warrant to purchase one ordinary share at an initial exercise price of $0.69 per share (the “Series A Warrants”) and one Series B Warrant to purchase one ordinary share at an initial exercise price of $1.173 per share, (the “Series B Warrants” and, together with the Series A Warrants, the “Warrants”). The pre-funded warrants will be exercisable immediately upon issuance and will expire when exercised in full. The Series A Warrants are exercisable immediately and will expire on the one-year anniversary of their initial exercise date and the Series B Warrants are exercisable immediately and will expire on the one-year anniversary of its initial exercise date.

    The purchase price of each ordinary share and accompanying Warrants is $0.69, and the purchase price of each pre-funded warrant and accompanying Warrants is such price minus $0.001.

    The aggregate gross proceeds to the Company were approximately $15 million, before deducting placement agent fees and other estimated expenses payable by the Company. The Company intends to use the net proceeds from this offering for capital expenditures, operating capacity, working capital, general corporate purposes, purchasing warehouses, registration and operation of its overseas business entities, branches and office and potential mergers and acquisitions in the future.

    Univest Securities, LLC acted as the sole placement agent.

    The securities described above were offered by the Company pursuant to a registration statement on Form F-1 (File No. 333-283178) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission (the “SEC”). A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering were filed with the SEC and are available on the SEC’s website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, by contacting Univest Securities, LLC at info@univest.us, or by calling +1 (212) 343-8888.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus, can be obtained at the SEC’s website at www.sec.gov.

    About Univest Securities, LLC

    Registered with FINRA since 1994, Univest Securities, LLC provides a wide variety of financial services to its institutional and retail clients globally including brokerage and execution services, sales and trading, market making, investment banking and advisory, wealth management. It strives to provide clients with value-add service and focuses on building long-term relationship with its clients. For more information, please visit: https://www.univest.us/

    About Globavend Holdings Limited

    Globavend Holdings Limited, an emerging e-commerce logistics provider, offers end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. The Company primarily serves enterprise customers, including e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions. As an e-commerce logistics provider, Globavend delivers integrated cross-border logistics services from Hong Kong to Australia and New Zealand. It provides customers with a comprehensive solution, encompassing pre-carriage parcel drop-off, parcel consolidation, air-freight forwarding, customs clearance, on-carriage parcel transportation, and final delivery. For more information, please visit the Company’s website: https://globavend.com/.

    Forward-Looking Statements

    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. Univest Securities LLC and the Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

    For more information, please contact:

    Univest Securities, LLC

    Edric Guo

    Chief Executive Officer

    75 Rockefeller Plaza, Suite 18C

    New York, NY 10019

    Phone: (212) 343-8888

    Email: info@univest.us

    The MIL Network –

  • MIL-OSI USA: Senator Marshall Op-Ed: Medicaid Is Broken. Republicans Are Trying To Save It

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall

    Washington – On Friday, U.S. Senator Roger Marshall, M.D. (R-Kansas) published an op-ed in Newsweek, writing that Medicaid is the most broken program in the country, and that despite seeing significant increases in spending for many years, it has failed to create positive health outcomes. However, there is a plan in the reconciliation bill to save it for those who rely on these programs most, such as seniors in nursing homes, the disabled, and single parents.
    Read the full op-ed HERE or below:
    Medicaid Is Broken. Republicans Are Trying To Save It
    Senator Roger Marshall
    Newsweek
    June 27, 2025
    As an OB-GYN in rural Kansas, I delivered a baby almost every day for over 25 years. About half of these deliveries were on Medicaid, and another 10 to 20 percent were done without reimbursement. Every doctor in our community, and our hospital, took all comers; no one was turned away based on their ability to pay. We thought it was our duty, our obligation to society. It’s why we wanted to become doctors: to serve our fellow human beings. All this despite no increase in reimbursement from Medicaid in my 25 years of practicing medicine.
    I’ve said it many times: Medicaid is the most broken program in the country. Having Medicaid does not mean you have access to health care. Only 74 percent of physicians accept Medicaid, and many of those who say they do never see patients on Medicaid. Others string out appointments and limit the number they will see. Many specialists use the “busy schedule excuse” and give Medicaid patients appointments months and months out; for all practical purposes, they exclude them from their practice.
    Over the past five years, Medicaid spending has increased by hundreds of billions of dollars while American health outcomes have declined. Our plan will strengthen and save Medicaid for those who need it the most. By keeping the program fiscally solvent, Republicans are protecting seniors in nursing homes and all those with disabilities. We are ensuring funding will remain available for pregnant moms and prioritizing funding for children. In fact, almost half of all the children in the country—37 million—are now on Medicaid’s CHIP program. We must prioritize every dollar we have for those who need it the most.
    Over 60 percent of Americans support work requirements for Medicaid; a job is the best safety net out there, not to mention a great treatment for mental health and addiction issues.
    I believe there are better solutions out there than throwing more money at a program that doesn’t work well. More block grants to federally funded Community Health Centers, which are developing a broad-based, more holistic approach to health care—which I believe will become a big part of the “Make America Healthy Again” movement.
    Another is block grants to rural hospitals, which are struggling. The best thing we can do for rural hospitals is strengthen our agricultural economy, which last year suffered its largest drop in net income in my lifetime. The GOP-led farm bill will help do just that; provisions related to biofuel production, taxes on farmers, and crop insurance will boost rural America’s economy. Rural hospitals are a reflection of their local economies, and with populations declining in many rural counties, the financial base to support rural hospitals is no longer there. Any hospital that builds its financial survival based on dependence on Medicaid is bound to fail.
    We hope that this GOP bill spurs the economy, and expect that if anyone loses Medicaid, it’ll only be because they found a good job with benefits. A good job is the best safety net out there.

    MIL OSI USA News –