NewzIntel.com

Category: Economy

  • MIL-OSI Africa: Egypt: Minister of Planning, Economic Development, and International Cooperation Discusses Developments in Joint Economic Relations with Norwegian Minister of International Development and Dutch Deputy Minister of Development

    Source: APO


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    H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, met with H.E. Mr. Åsmund Aukrust, Minister of International Development of the Kingdom of Norway.

    The two sides reviewed ways to strengthen cooperation opportunities between the two countries and discussed a number of joint issues.

    This meeting took place during her representation of the Arab Republic of Egypt at the Fourth G20 Development Working Group (DWG) Meeting and the G20 Ministerial Meeting on Development. These meetings are being held under South Africa’s G20 presidency from July 20 to 25, 2025, under the theme “Solidarity, Sustainability and Equality” in South Africa.

    During the meeting, H.E. Dr. Rania Al-Mashat lauded the Egyptian-Norwegian relations, and noted that the two countries have strengthened and deepened bilateral ties across various sectors, including renewable energy and regional stability efforts.

    H.E. Dr. Al-Mashat highlighted that the extended partnership between the governments of Egypt and Norway has been essential in boosting the economy, developing the renewable energy sector, and creating better opportunities for the Egyptian economy.

    H.E. Dr. Rania Al-Mashat emphasized Egypt’s commitment, with its expanding economy and attractive investment climate, to attracting new foreign partnerships and investments that can drive innovation, economic growth, and sustainable development.

    H.E. Dr. Al-Mashat pointed to the most prominent areas of cooperation with the Norwegian side, which include the oil, energy, gas, maritime transport, shipping, and shipbuilding sectors, in addition to fisheries and aquaculture. She noted that Egypt is keen to expand these areas of cooperation, and highlighted that the Egyptian-Norwegian partnership in promoting investments in the renewable energy sector was a central focus of H.E. President Abdel Fattah El-Sisi’s historic visit to the Kingdom of Norway in December 2024.

    H.E. Minister Al-Mashat added that the shared goals and mutual respect characterizing the bilateral relations between Egypt and Norway represent a model for international cooperation that will be built upon in the coming years.

    She further stated that Norway’s commitment to sustainability and international cooperation aligns with Egypt’s Vision 2030 and green transformation goals.

    H.E. Dr. Al-Mashat pointed out that the cooperation between the two countries in green hydrogen and renewable energy, which includes several prominent projects. These include a green ammonia production project from green hydrogen, a green methanol production project in the Suez Canal Economic Zone, in addition to a number of funded projects in various fields. These contribute to creating decent job opportunities for youth in cooperation with the International Labour Organization and the Norwegian Ministry of Foreign Affairs, and promoting health and combating violence against women in Egypt in cooperation with the United Nations Population Fund.

    H.E. Minister Al-Mashat affirmed Egypt’s keenness to involve the private sector, especially in strategic sectors such as renewable energy, green hydrogen, maritime industries, and technology. She noted that the country provides a stable investment climate, competitive incentives, and access to key regional markets, making it an ideal gateway for Norwegian and other international companies seeking to expand into the Middle East and Africa.

    She also referred to the cooperation between Egypt and Scatec, and mentioned that Egypt and Norway have historically strong economic ties, which have translated into tangible projects benefiting both economies.

    H.E. Dr. Al-Mashat outlined that the new partnerships with Scatec enhance active cooperation between the public and private sectors and development partners, aiming to promote green transformation. She noted Scatec’s contribution to the implementation of the Benban Solar Park, one of the largest solar parks in the world, and the first green hydrogen plant in the Suez Canal Economic Zone, in cooperation with the European Bank for Reconstruction and Development and other partners.

    H.E. Dr. Al-Mashat also pointed to the efforts of the Ministry of Planning, Economic Development, and International Cooperation in continuing to support international partnerships and mobilize local and international financing to promote green transformation in Egypt and increase the number of environmentally friendly projects.

    She pointed out that the cooperation portfolio with Scatec includes a number of projects under the energy sector of the “NWFE” program, including the green hydrogen project in Egypt, the green ammonia production project in Damietta, the 1 GW solar power project with battery energy storage solutions (BESS), and a 1 GW solar power plant for the aluminum complex in Naga Hammadi.

    Egyptian-Dutch Relations

    On another note, H.E. Dr. Rania Al-Mashat met with H.E. Ms. Pascalle Grotenhuis, Netherlands’ Vice Minister for International Development, to discuss strengthening Egyptian-Dutch relations and developments in the partnership between the two countries.

    During the meeting, Dr. Rania Al-Mashat affirmed that Egypt and the Netherlands have deep-rooted political, cultural, and economic relations spanning several decades. These relations have witnessed significant momentum and growing cooperation at various levels in recent years.

    H.E. Dr. Al-Mashat noted that the economic cooperation between the two countries has been an important axis in bilateral relations, with the Netherlands providing over 407 million Euros in development financing to Egypt since 1975. This assistance has contributed to supporting many vital sectors, including agriculture and irrigation, health and social affairs, transport, electricity, housing, tourism, education, and local development.

    She stated that the Netherlands is one of Egypt’s main trading partners within the European continent, with bilateral trade amounting to approximately one billion Euros annually. Both sides aim to expand this cooperation and diversify its areas, especially given the available opportunities for economic integration between the two countries.

    H.E. Dr. Al-Mashat highlighted the “Orange Corners” program, implemented in cooperation with the Dutch side and the private sector, to support entrepreneurs in the Nile Delta and Upper Egypt governorates. After the success of the first three-year phase, the program is now in a new cycle extending from 2024 to 2028, reflecting the shared interest of both countries in achieving inclusive economic growth and providing job opportunities for youth.

    The two sides also reviewed developments in cooperation in the fields of water and climate following the Memorandum of Understanding signed between the Egyptian and Dutch governments in October 2024, to enhance cooperation in coastal resource management and adaptation to climate change.

    Distributed by APO Group on behalf of Ministry of Planning, Economic Development, and International Cooperation – Egypt.

    MIL OSI Africa –

  • MIL-OSI Africa: South Africa: Correctional Services Committee Expresses Concern Over Low Success Rate of Legislation to Address Overcrowding

    Source: APO


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    The Portfolio Committee on Correctional Services today expressed concern over the low success rate of the current legislation in reducing overcrowding in correctional facilities in the country.

    The committee received a briefing from the Department of Correctional Services (DCS) on the use of Section 49G of the Correctional Services Act (CSA) and Section 62F of the Criminal Procedures Act (CPA) applications. Both sections are about strategies to reduce overcrowding in correctional facilities.

    Committee Chairperson, Ms Kgomotso Anthea Ramolobeng, encouraged the executive of the DCS and the Department of Justice and Constitutional Development (DOJ&CD) to continue working together in order to strive for better ways to implement these pieces of legislation effectively to increase the success rate of matters referred.

    Section 49G of the CSA refers to the maximum period of incarceration and provides that the period of incarceration of a Remand Detainee (RD) must not exceed two years from the initial date of admission into the remand detention facility without such matter having been brought to the attention of the court concerned in the manner set out in this section: provided that no RD shall be brought before a court in terms of this section, if such RD appeared before a court three months immediately prior to the expiry of such two year period and the court during that appearance considered the continued detention of such detainee.

    Whilst Section 62F of CPA provides that any court before a charge is pending in respect of which bail was granted, may at any stage, whether bail was granted by court or any other, on application by the Prosecutor, add any further condition of bail. The section further provides that the accused shall be placed under the supervision of a probation officer or Correctional Official. The committee heard that both strategies are driven by the DCS and may result in the reduction of the inmates.

    The committee heard that the success rate under Section 49G of the CSA for the 2022/23 financial year is 1.25% of 12 283 court referrals nationally with the Eastern Cape and Western Cape both indicating a 0% success rate. In terms of 2023/24, the Eastern Cape once again showed a 0% success rate. In the 2024/25 financial year the province had 142 court referrals and only one was successful and in the current financial year it has had two successful court referrals.

    The committee also heard that approximately 40% of the total sentenced offender population are serving sentences above 15 years, inclusive of those serving life sentences. Lifers will typically remain incarcerated for longer periods of time and are sentenced/ convicted of serious crimes. This means that bed spaces will not become readily available, which places more pressure on already overcrowded correctional facilities.

    Ms Ramolobeng said the DCS needs to capacitate and improve the functioning of community corrections so that the courts can have confidence in the system and place more remand detainees under correctional supervision.

    “In terms of the outcomes of Section 49G application, especially relating to the Eastern Cape, it’s a very serious concern. The committee will raise this with the Minister of Justice and Constitutional Development that deals with referrals,” said Ms Ramolobeng.

    She said the committee will continue the implementation of both the sections that can address overcrowding in facilities if implemented efficiently and effectively.

    Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

    MIL OSI Africa –

  • PM Modi expands ‘Ek Ped Maa Ke Naam’ initiative globally with tree plantation in Maldives

    Source: Government of India

    Source: Government of India (4)

    In a strong show of commitment to environmental conservation, Prime Minister Narendra Modi and Maldives President Mohamed Muizzu on Friday planted mango saplings in Male as part of India’s ‘Ek Ped Maa Ke Naam’ (Plant for Mother) initiative and Maldives’s “Pledge of 5 Million Tree Plantation” campaign.

    “India and the Maldives fully understand the challenges of climate change and environmental degradation. And we are committed to doing everything possible to boost sustainability. This evening in Male, President Muizzu and I planted saplings, strengthening the ‘Ek Ped Maa Ke Naam’ initiative and the Pledge of 5 Million Tree Plantation of the Maldives Government,” PM Modi posted on X.

    Prime Minister Modi reaffirmed India’s commitment to supporting the Maldives and its people, in line with their needs and priorities, and for the peace, progress, and prosperity of the Indian Ocean Region (IOR).

    Earlier in the day, the two leaders jointly inaugurated the state-of-the-art Ministry of Defence (MoD) building of the Maldives in Male. Overlooking the Indian Ocean, the 11-storey structure stands as a symbol of the strong and enduring defence and security cooperation between the two nations. The building, constructed with India’s financial assistance, is expected to enhance the operational capabilities of Maldives’s defence and law enforcement authorities.

    PM Modi also handed over two Aarogya Maitri Health Cubes (BHISHM sets) to the Government of Maldives. These portable emergency medical units are equipped with advanced facilities, including ICU, operating theatre, X-ray, laboratory, and emergency care systems. Each unit can independently support a crew of six medical professionals and treat up to 200 casualties for up to 72 hours.

    “Presented BHISHM cubes to President Muizzu, reaffirming our partnership in service of the people. Bharat Health Initiative for Sahyog, Hita & Maitri (BHISHM) is a symbol of India’s commitment to timely and compassionate healthcare support. These deployable medical cubes carry essential medicines and equipment for emergency care,” PM Modi said on X.

    Additionally, the two sides witnessed the exchange of six MoUs in areas including fisheries and aquaculture, meteorology, digital public infrastructure, UPI, Indian Pharmacopoeia, and a concessional Line of Credit (LoC). The new LoC extends ₹4,850 crore (approximately USD 550 million) to support infrastructure development and related activities in the Maldives.

    An Amendatory Agreement to the existing LoC was also exchanged, reducing Maldives’s annual debt repayment burden by 40 percent- from USD 51 million to USD 29 million. Both countries also exchanged Terms of Reference for the proposed Free Trade Agreement (FTA).

    In a further boost to developmental ties, the leaders virtually inaugurated a roads and drainage project in Addu City and six High-Impact Community Development Projects in other regions. Prime Minister Modi also handed over 3,300 social housing units and 72 vehicles to the Maldives National Defence Force (MNDF) and immigration authorities.

  • MIL-OSI USA: Welch Joins Whitehouse, Heinrich, Colleagues to Reintroduce Bill to Make Homeownership More Accessible for First-Time Buyers  

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)

    Bicameral First-Time Homebuyer Tax Credit Act would help make homeownership a reality for young Americans amidst skyrocketing housing costs 
    WASHINGTON, D.C. — U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, joined U.S. Senators Sheldon Whitehouse (D-R.I.), Martin Heinrich (D-N.M.) and 10 Democratic Senators in reintroducing the First-Time Homebuyer Tax Credit Act, legislation that aims to support middle-class Americans purchasing their first home. The Senators’ legislation would establish a refundable tax credit worth up to 10% of a home’s purchase price—up to a maximum of $15,000—for first-time homebuyers.  
    “Everyone should have a fair chance to experience the joy of buying their first home–it’s a pillar of the American Dream. But skyrocketing housing prices have pushed that dream out of reach for folks in red and blue states alike,” said Senator Welch. “Our legislation will provide a financial boost to first-time homeowners to give more hardworking Americans a fair shot at buying their first home.”  
    “Owning a home is at the core of the American dream, but too many young families have been priced out of homeownership in recent years because of the housing supply crunch. And Trump’s chaotic tariff regime has increased homebuilding costs, forcing developers to pause construction on much-needed new units,” said Senator Whitehouse. “Our tax credit for first-time homebuyers would help make the American dream a reality for more of the young Americans left behind in Trump’s billionaire-first economy.” 
    “Buying your first home is more than just owning property: It’s a source of pride, stability, and hope for the future. Unfortunately, buying a home is out of reach for many families right now. We’re changing that with my First-Time Homebuyer Tax Credit Act,” said Senator Heinrich. “I’m proud to reintroduce this bill to ease the financial burden on aspiring homeowners and give every working family an equal opportunity to realize the American dream of owning a home.” 
    In 2022, the median sale price for a home in the U.S. was 5.6 times higher than the median income, a higher ratio than during the years immediately before the 2007 mortgage crisis, and the highest disparity on record. An NBC News analysis earlier this month found that the cost of building a single-family home could soon rise by more than $4,000 thanks to President Trump’s tariff agenda, which is expected to increase the costs of many of the materials used to build houses. 
    In Vermont, which faces a housing shortage and has the fourth-highest rate of homelessness in the country, an estimated 7,000 new homes will need to be built each year for the next 25 years to help alleviate the crisis. Nationwide, the shortage of affordable housing opportunities costs the American economy an estimated $2 trillion each year. High housing costs reduce disposable income and economic mobility, stifling economic opportunities for those who can no longer afford housing in their communities.  
    Housing unaffordability is especially harmful to younger Americans, who are struggling to reach the same milestones their parents did at their age. In 2024, the typical age of a first-time homebuyer reached a record high of 38, up from 29 in 1981. And first-time homebuyers, as a percentage of all homebuyers nationwide, fell from 38% to 24% over that same period, the lowest percentage ever recorded. 
    Under the First-Time Homebuyer Tax Credit Act, taxpayers would have the option of receiving the credit at the time of purchase by working with their mortgage issuer. Alternatively, taxpayers could elect to treat the purchase of their home as occurring in the prior taxable year to receive the credit before tax season if they are unable to qualify for the credit at point of sale. 
    The credit phases out for those making above 150% of area median income and for those buying a house with a purchase price above 110% of the area median purchase price. Additionally, the credit is limited to home purchases financed through federally backed mortgages. 
    The First-Time Homebuyer Tax Credit Act is cosponsored by U.S. Senators Tammy Baldwin (D-Wis.), Jack Reed (D-R.I.), Tina Smith (D-Minn.), Jacky Rosen (D-Nev.), Richard Blumenthal (D-Conn.), Chris Van Hollen (D-Md.), Lisa Blunt Rochester (D-Del.), Andy Kim (D-N.J.), Ruben Gallego (D-Ariz.), and Angela Alsobrooks (D-Md.). U.S. Representatives Jimmy Panetta (D-CA-19) and Mike Thompson (D-CA-04) led the reintroduction of the legislation in the House of Representatives.  
    The legislation is endorsed by the National Association of REALTORS (NAR), National Association of Home Builders (NAHB), Cooperative Credit Union Association, Mortgage Bankers Association, Rhode Island Executive Office of Housing, Rhode Island Association of REALTORS, RIHousing, Housing Network of Rhode Island, HousingWorksRI, Rhode Island Builders Association, Rhode Island Mortgage Bankers Association, Santa Clara County REALTORS, Santa Cruz County REALTORS, and Monterey County REALTORS. 
    Read and download the full text of the bill. 

    MIL OSI USA News –

  • MIL-OSI Russia: Poland signs defense loan agreement with US

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    WARSAW, July 25 (Xinhua) — Poland on Friday signed an agreement with the United States to receive a $4 billion loan guarantee from Washington to speed up the modernization of the Polish armed forces.

    Deputy Prime Minister and Minister of National Defence of Poland Władysław Kosiniak-Kamysz stated that the republic is ready to effectively use these funds to strengthen its defence and security.

    The loan guarantee will help finance both current and future arms purchase agreements with the United States, the Polish Defense Ministry said. –0–

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

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    MIL OSI Russia News –

  • MIL-OSI USA: SBA Relief Still Available to North Dakota Small Businesses and Private Nonprofits Affected by Adverse Weather

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding eligible small businesses and private nonprofit (PNP) organizations in North Dakota of the deadline to apply for low interest federal disaster loans to offset economic losses caused by adverse weather conditions occurring in the counties listed below.

    The disaster declarations cover the counties listed below:

    Declaration Number

    Primary
    Counties

    Neighboring
    Counties

    Incident Type

    Incident Date

    Deadline

    20941

    		 Burke, Mercer and Oliver Burleigh, Divide, Dunn, McLean, Morton, Mountrail, Renville, Stark, Ward and Williams. Drought, Heat, and Winds July 30–Oct. 6, 2024 8/25/25

    20942

    		 Cavalier, Pembina, Ransom and Sargent Barnes, Cass, Dickey, LaMoure, Ramsey, Richland, Towner and Walsh in North Dakota, Kittson and Marshall in Minnesota, Brown, Marshall and Roberts in South Dakota. Excessive Rain and Flooding April 1–Oct. 1, 2024 8/25/25

    20943

    		 Sioux Adams, Emmons, Grant and Morton in North Dakota, Campbell, Corson and Perkins in South Dakota. Wildfire and High Winds Sept. 12–Oct. 2, 2024 8/25/25

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

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

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.25% for PNPs with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

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

    Submit completed loan applications to SBA no later than Aug. 25.

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    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-OSI USA: SBA Relief Still Available to Montana Small Businesses and Private Nonprofits Affected by Adverse Weather

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding eligible small businesses and private nonprofit (PNP) organizations in Montana of the deadline to apply for low interest federal disaster loans to offset economic losses caused by adverse weather conditions occurring as indicated below.

    The disaster declarations cover the counties listed below:

    Declaration Number

    Primary
    Counties

    Neighboring
    Counties

    Incident Type

    Incident Date

    Deadline
    20940 Dawson McCone, Prairie, Richland and Wibaux. Hail and High Winds Sept. 17, 2024 8/25/25
    20945 Toole Glacier, Liberty and Pondera. Drought, Excessive Heat and High Winds June 15, 2024, and continuing 8/25/25

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

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

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.25% for PNPs with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

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

    Submit completed loan applications to SBA no later than Aug. 25.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-OSI USA: SBA Relief Still Available to Confederated Tribes of the Colville Reservation Private Nonprofits Affected by Wildfires

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding eligible private nonprofit (PNP) organizations in the Confederated Tribes of the Colville Reservation of the Aug. 26, 2025 deadline to apply for low interest federal disaster loans to offset economic losses caused by wildfires occurring July 17–Aug. 21, 2024.

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to PNPs providing non-critical services of a governmental nature who suffered financial losses directly related to the disaster. Examples of eligible non-critical PNPs include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools and colleges.

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

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.”

    The loan amount can be up to $2 million with interest rates as low as 3.25% and terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    The SBA encourages applicants to submit their loan applications promptly. Applications will be prioritized in the order they are received, and the SBA remains committed to processing them as efficiently as possible.

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

    Submit completed loan applications to the SBA no later than Aug. 26.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-OSI USA: Recent Speaking Engagements

    Source: US Congressional Budget Office

    Over the past several months, I have spoken with a variety of audiences about the recent and ongoing work of the Congressional Budget Office.

    The conversations have allowed me to share insights about CBO’s role in the legislative process—including the reconciliation process—while reiterating the agency’s commitment to providing objective, nonpartisan, and transparent analysis.

    From March through July 2025, I participated in the following events:

    • March 3: Discussed the U.S. macroeconomic and fiscal outlook during the 41st Annual Economic Policy Conference of the National Association for Business Economics.
    • March 5: Spoke at the Milken Institute’s 2025 Finance Forum about the state of the U.S. budget and economy.
    • March 27: Took part in a “fireside chat” at the ERISA Industry Committee’s (ERIC’s) Spring Policy Conference, where I discussed CBO’s role and ongoing work.
    • April 8: Met virtually with a class at the University of North Carolina’s Kenan-Flagler Business School to talk about the outlook for the U.S. budget.
    • April 16: Joined the Hoover Institution’s Jon Hartley for a podcast in which we discussed, among other things, CBO’s role and the value that the agency places on accuracy and transparency.
    • April 22: Participated in a discussion about the fiscal impact of the Trump Administration’s policies during a J.P. Morgan investor seminar.
    • May 5: Engaged in a panel discussion at the Milken Institute’s 2025 Global Conference in Los Angeles about the federal budget and national debt.
    • June 11: Delivered remarks and answered questions during the Committee for Economic Development’s Biannual Trustee Policy Summit.
    • July 15: Participated in a discussion about the fiscal implications of the 2025 reconciliation act (Public Law 119-21) during a J.P. Morgan investor roundtable.
    • July 15: Delivered remarks and participated in a Q&A session at the 22nd Annual Economic Measurement Seminar of the National Association for Business Economics.

    I have also discussed CBO’s role in the legislative process more generally and emphasized our commitment to transparency and analytical rigor in recent interviews. (Those interviews appeared in the Wall Street Journal, on Bloomberg’s Big Take podcast, and on Bloomberg TV’s Wall Street Week.) As part of those discussions, I outlined the distinctions between CBO and the Joint Committee on Taxation, explaining how the two agencies differ and how we often work collaboratively to support the Congress.

    I look forward to engaging with other audiences and topics in the months ahead.

    Phillip L. Swagel is CBO’s Director.

    MIL OSI USA News –

  • MIL-OSI USA News: Made in America Week, 2025

    Source: US Whitehouse

    class=”has-text-align-center”>By the President of the United States of America
     
    A Proclamation
      

    Since the earliest days of our history, our Nation’s future has been forged by skilled American hands and proud American hearts.  From the settlers at Jamestown to the titans of industrialization and manufacturing, America has understood that, in order to be a great Nation, we must be a Nation that builds, creates, innovates, and fights for the needs of our own workers, families, and industries first.  This Made in America Week, my Administration recommits to furthering this legacy — and we pledge to embolden our workers, reenergize our industries, and bring back those beautiful words:  “Made in the U.S.A.”

    Though the United States has long been a hub of manufacturing and an epicenter of ingenuity, over the decades, a globalist ruling class closed our factories, shipped away our jobs, and stripped our families and our communities of their homes, fortunes, and dreams. They hollowed out America as they built up China, and American citizens suffered as a result.

    Every day, my Administration is once again reclaiming American sovereignty by modernizing and improving existing trade agreements, negotiating new deals based on the principles of fairness and reciprocity, and taking strong enforcement actions against trading partners that break the rules.  We are putting our Nation’s interests first.

    In March, I proudly signed an Executive Order to create the United States Investment Accelerator, establishing an office within the Department of Commerce tasked with facilitating investments higher than $1 billion in America.  I also signed a Presidential Memorandum to bolster foreign investment while defending our national security interests.  To further unleash domestic production, with the enactment of the historic One Big Beautiful Bill earlier this month, we delivered interest deduction for loans on new American-made vehicles, as well as 100 percent expensing for new factories, equipment, and machinery.  These pro-worker, pro-family policies are leveling the playing field for American businesses and boosting production on American shores.

    I have also directed the Federal Trade Commission to crack down on sellers who falsely claim their products are “Made in the U.S.A.”  Americans want to support their fellow citizens rather than send their money overseas in exchange for poor-quality goods.  The “Made in the U.S.A.” label is not just a slogan, but a sign that a product truly connects us with the ingenuity, quality craftmanship, and livelihood of our Nation.

    As a result of my Administration’s leadership and America First vision, companies are lining up to do business with the United States.  Already, we have attracted trillions of dollars’ worth of foreign and domestic investments — and our work is only just beginning.  These historic investments are drastically increasing our domestic manufacturing capabilities, reinvigorating struggling industries, and unleashing a new wave of American innovation.  Thanks to my Administration’s commonsense policies, for 4 months in a row, job numbers have beat market expectations, with American-born workers accounting for all of the job gains since I took office.

    Together, we are rebuilding our Nation with American heart, hands, and grit.  We are bringing back a culture of boldness and creativity that will empower the next generation of innovators, unleash the full strength of the American spirit, and ensure our economy, our culture, and our way of life remain the envy of the world.  Above all, under my leadership, we are proudly building, inventing, and creating in the United States of America once again.

    NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim this week, July 20 through July 26, 2025, as Made in America Week.  I call upon all Americans to pay special tribute to the builders, the ranchers, the crafters, the entrepreneurs, and all those who work with their hands every day to make America great.

    IN WITNESS WHEREOF, I have hereunto set my hand this twenty-fifth day of July, in the year of our Lord two thousand twenty-five, and of the Independence of the United States of America the two hundred and fiftieth.

                                   DONALD J. TRUMP

    MIL OSI USA News –

  • MIL-OSI Canada: Waterski championships make waves in Calgary

    Source: Government of Canada regional news (2)

    MIL OSI Canada News –

  • MIL-OSI Canada: Investor Alert: Impersonation Scam Uses Prime Minister Mark Carney’s Image and Fake Social Media Posts to Target Saskatchewan People

    Source: Government of Canada regional news

    Released on July 25, 2025

    The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) is warning Saskatchewan people of an impersonation scam on social media claiming that Prime Minister Mark Carney is endorsing an online investment platform called QuilCapital.

    “Always check the registration status of an entity at aretheyregistered.ca before you invest, and do not deal with any unregistered entities,” FCAA Securities Division Executive Director Dean Murrison said. “Scammers often create fake social media posts claiming a notable figure is endorsing an investment.” 

    QuilCapital claims to offer Saskatchewan residents trading opportunities, including stocks, cryptocurrencies, forex, indices and commodities. 

    There may be other businesses with the same or a similar name to “QuilCapital”. This alert does not apply to any such businesses. This alert applies to the online entity using the website “quilcapital com” (this URL has been manually altered so as not to be interactive).

    QuilCapital is not registered with the FCAA to trade or sell securities or derivatives in Saskatchewan. The FCAA cautions investors and consumers not to send money to companies that are not registered in Saskatchewan, as they may not be legitimate businesses. 

    If you have invested with QuilCapital, or anyone claiming to be acting on their behalf, contact the FCAA’s Securities Division at 306-787-5936.

    In Saskatchewan, individuals or companies need to be registered with the FCAA to trade or sell securities or derivatives. The registration provisions of The Securities Act, 1988, and accompanying regulations are intended to ensure that only honest and knowledgeable people are registered to sell securities and derivatives and that their businesses are financially stable.

    Tips to protect yourself:

    • Always verify that the person or company is registered in Saskatchewan to sell or advise about securities or derivatives. To check registration, visit The Canadian Securities Administrators’ National Registration Search at aretheyregistered.ca.
    • Know exactly what you are investing in. Make sure you understand how the investment, product, or service works.
    • Get a second opinion and seek professional advice about the investment.
    • Do not allow unknown or unverified individuals to remotely access your computer.
    • Never make an investment decision based solely on a public figure endorsement. Scammers often create fake social media posts or news articles claiming an investment is endorsed by a notable figure.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI Canada: Minister’s Statement on Meeting with Federal Fisheries Minister

    Source: Government of Canada regional news

    NOTE: The following is a statement from Kent Smith, Minister of Fisheries and Aquaculture.

    East Coast fisheries and aquaculture ministers met yesterday with new federal Fisheries Minister Joanne Thompson, and I continued to press the federal government to address illegal fishing and protect the interests and safety of our coastal communities.

    Seafood is Nova Scotia’s largest industry and number one export. It’s an important economic driver, especially for rural coastal communities.

    Nova Scotia’s seafood industries have suffered from illegal fishing and management decisions related to conservation issues and the closure of the 2024 elver fishery. The East Coast fisheries and aquaculture industries are also facing significant challenges with the threat of tariffs from the United States and existing tariffs imposed by China.

    We need the federal minister to support our fisheries through these challenges.

    At the meeting we also discussed the renewal of the Atlantic Fisheries Fund (AFF) and a complementary program to support product and market diversification opportunities.

    The AFF is essential to help our seafood businesses grow and adapt. I requested that the federal government prioritize the renewal of the fund as soon as possible, as committed in its election campaign.

    I am cautiously optimistic that the new Minister understands the impacts that her decisions and the actions of her Department have on our economy and am hopeful that she will support Nova Scotia’s seafood industries by addressing illegal fishing and looking to new opportunities for product and market diversification.

    Our government will continue to stand up for Nova Scotians and the seafood industry.

    MIL OSI Canada News –

  • MIL-OSI USA: Congressman Sorensen Introduces Bipartisan Bill to Re-Establish Federal Program to Help Working Families Afford Clean Drinking Water

    Source: United States House of Representatives – Congressman Eric Sorensen (IL-17)

    Representatives Eric Sorensen (IL-17), Rob Bresnahan (PA-08), Kim Schrier (WA-08), Mike Lawler (NY-17), Robin Kelly (IL-02), Brian Fitzpatrick (PA-01), and Sharice Davids (KS-03) introduced their bipartisan Low-Income Water Assistance Program (LIHWAP) Establishment Act. The legislation would re-establish LIHWAP, the first-ever federal water assistance program, after funding for the program expired in 2022.

    “The number one issue worrying my neighbors in Central and Northwestern Illinois is affordability – whether it’s putting food on the table for their kids or covering their high-water bill,” said Congressman Sorensen. “Here in Washington, we have the power to help families in Illinois-17 and across the country who are feeling the squeeze from higher prices by ensuring they have access to safe, clean, and affordable drinking water. The Low-Income Household Water Assistance Program was an incredibly successful program that supported tens of thousands of families in Illinois at-risk of having their access to drinking water cut-off. My bipartisan legislation will help make it a permanent lifeline for those who need a helping hand.”

    “Access to clean, safe water is not a luxury, it is a basic necessity,” said Congressman Bresnahan. “With water bills rising faster than inflation, more than 33% of Americans are struggling to pay their water bills. We have seen great success with energy assistance through LIHEAP, and it only makes sense to adapt it to water assistance for our most vulnerable. The LIHWAP Establishment Act will keep low-income households connected to clear water, ensure local utilities have the resources to maintain critical infrastructure, and invest in the long-term strength of our communities.”

    “Every family, regardless of financial status, should have reliable access to clean water,” said Congresswoman Schrier. “The Low-Income Household Water Assistance Program (LIHWAP) provided vital support to hardworking families in the Eighth District and across the country. That’s why I’m happy to join my colleagues in this bipartisan effort to restore LIHWAP assistance and help lower the cost of water and wastewater utility bills for those in need.”

    “In the richest country in the world, every hardworking family should have access to clean drinking water,” said Congresswoman Kelly. “Too many families in Illinois and across the country, though, have to choose between higher grocery prices, higher rent and higher utility bills. I’m proud to help alleviate the burden of water costs and introduce a bill that would reestablish the successful Low-Income Assistance Program.”

    “No one should have to choose between paying for water and putting food on the table,” said Congresswoman Davids. “I’m proud to support this legislation to help Kansas families stay safe and financially stable — because when folks can count on basic utilities, it makes it easier to care for their families and contribute to their communities. Simply, reliable access to water shouldn’t depend on your income or ZIP code.”

    “Drinking water service is an essential lifeline, regardless of a person’s income,” said Tom Dobbins, CEO of the Association of Metropolitan Water Agencies (AMWA). “Just as the federal government has long-established programs to support nutrition assistance and home heating and cooling service for households in need, the LIHWAP Establishment Act would appropriately provide water assistance to low-income families nationwide. AMWA appreciates the leadership of Reps. Sorensen and Bresnahan to advance water affordability, and looks forward to building additional support for this critical legislation.”

    “LIHWAP proved to be an essential lifeline, serving more than 1.6 million households who could not afford clean and safe water services,” said Adam Krantz, CEO of the National Association of Clean Water Agencies (NACWA). “NACWA applauds the leadership of Representatives Sorensen and Bresnahan in recognizing the need for a permanent federal water assistance program. This investment would help public clean water agencies make necessary infrastructure investments for their communities while protecting households in need. We look forward to working with these Congressional water champions to get this critical program enacted.”

    LIHWAP supported more than 1.5 million households, preventing nearly 1 million disconnections of water service and reducing over 1.1 million water bills before it was shuttered. In Illinois, the program served 84,759 households, prevented 19,233 water disconnections, and helped 4,889 families have their water restored.

    This bill would re-establish LIHWAP to continue helping working families afford clean drinking water and other wastewater services by subsidizing their utility bills. Funding will go from the state to the utility and be deducted from the household’s bill. The program will originate with the Department of Health and Human Services and then transition to the Environmental Protection Agency.

    States may also use up to fifteen percent of funds to offset the cost of administering, determining eligibility of, and conducting outreach to low-income households.

    In addition to the Association of Metropolitan Water Agencies and the National Association of Clean Water Agencies, the bill is supported by the American Water Works Association,  National Association of Counties, National Association of Water, National League of Cities, Rural Community Assistance Partnership, U.S. Conference of Mayors, and the Water Environment Federation. 

    You can read the full text of the bill HERE and additional background HERE. 
     

    MIL OSI USA News –

  • MIL-OSI Africa: No more missed opportunities: Strengthening Africa-Caribbean trade and investment in an era of Global Trade Disruption (By Pamela Coke-Hamilton and Benedict Oramah)

    Source: APO – Report:

    .

    By Pamela Coke-Hamilton, Executive Director, International Trade Centre, and Benedict Oramah, President and Chairman, Afreximbank (www.Afreximbank.com). 

    The share of bilateral exports between Africa and the Caribbean, despite extensive shared history, has never surpassed 6%, according to an ITC and African Export-Import Bank (Afreximbank) study, leaving much room for growth of up to $2.1 billion within the next 5 years according to new studies. Key to this growth is adding value in priority sectors, such as minerals, processed food, , manufactured products, transport, travel and creative industries.  

    We’re living in precarious times.

    In an era marked by global economic uncertainty, geopolitical tensions and fragmented supply chains, Africa and the Caribbean are at a critical juncture.

    Most Caribbean countries now face a blanket 10% tariff on (https://apo-opa.co/455uBCM) goods exported to their biggest trading partner, the United States – which takes 40% of its total exports. The so-called reciprocal tariffs on African nations  (https://apo-opa.co/4lIyzZ7)ranges from 10-50%, with Lesotho facing the single highest tariff of all US trading partners, nullifying preferences granted through the African Growth and Opportunity Act (AGOA). 

    These are real challenges, especially for smaller firms that are having to adapt with little time and often scarce resources. But there are also promising prospects on the horizon—if we dare to seize them.

    Africa, for one, is now moving into full, accelerated implementation of the African Continental Free Trade Agreement (AfCFTA), arguably the biggest decision made by African Heads of Government in six decades. This treaty has the power not only to revolutionize African trade and development, but also to equip African countries with stronger negotiating power in multilateral arenas—therefore boosting their collective ability to change the terms of global trade.  

    The Caribbean, with its smaller, remote and import-dependent economies, is one of the region’s most vulnerable to external shocks, whether from tariff escalations, climate disasters or supply chain disruptions. But it also has a chance to invest in long-term stability and economic growth by diversifying exports and trading partners, processing goods before export to retain more value, and strengthening regional and international trade ties.

    While many are taking a wait-and-see approach on what this next phase of global trade will look like, for Africa and the Caribbean, this is an approach that neither can afford. With the longstanding sociocultural history shared by the two regions, the time is ripe to forge far deeper ties through mutually beneficial, trade-led economic growth and development—and serve as a model of South-South cooperation that inspires others to follow in their footsteps.

    Investing in interregional, value-added trade

    Despite efforts at regional integration, trade between Africa and the Caribbean remains minimal. ITC data shows that bilateral trade has never exceeded 6% of total exports for either region. In fact, African exports to the Caribbean have declined since 2014 and have been close to 0.1% since 2020, while Caribbean exports to Africa remain volatile, from just 0.8% of total exports in 2020 to 2.3% in 2022.

    There is room to grow, from the current $729 million in interregional trade to potentially $2.1 billion within the next 5 years, if trade barriers are slashed and investments are made in key sectors.

    A formalised trade corridor could reduce regulatory divergence and non-tariff barriers. For instance, Caribbean rum exporters currently face an 88% tariff when selling to African markets—a significant barrier to growth.

    But removing or lowering trade barriers alone is not enough.

    Access to trade and Investment finance are vital for tapping into the major untapped growth potential in trade in value-added goods. This is critical for priority sectors like minerals and metals, processed food and animal feed, manufactured products, travel,  transport and creative industries, where the regions have comparative advantages and synergies are possible. Trade between the regions currently relies heavily on unprocessed commodities, which reflects missed opportunities for industrial collaboration, innovation and economic diversification.

    Afreximbank’s presence in the region, through its Barbados office established about two years ago is set to significantly boost trade between the two regions. This is further strengthened by the ongoing project to create the Afreximbank African Trade Centre (AATC), and the initiative to create the CARICOM Eximbank – an Afreximbank subsidiary. Additionally, the CARICOM Payment and Settlement System (CAPSS), being developed by Afreximbank and CARICOM central banks, will deepen and improve efficiency of intra-CARICOM payments in national currencies. Through its integration with the Pan-African Payment and Settlement System (PAPSS), CAPSS will accelerate integration of financial systems of the two regions while boosting Africa-Caribbean trade and investments.

    In the fast-growing creative economy, for instance, both regions already have longstanding traditions in textiles, ceramics and woodwork, and can build on their shared cultural heritage. The collaboration between African and Caribbean designers, musicians and artists also offers significant potential for growth.

    Afreximbank Creative Africa Nexus (CANEX) has highlighted fashion, design and crafts as a priority value chain, and has doubled programme funding from $1 billion to $2 billion for the next three years, aimed at providing infrastructure, financing and resources to scale Africa and diasporic creative industries globally. The Bank is also developing a $500 million private equity film fund to support African filmmakers. These efforts reflect the scale of ambition required to transform the creative industries into global growth engines.

    Breaking bottlenecks

    To take advantage of these economic growth opportunities, foundations need to be laid. The major hurdles in enhancing Africa-Caribbean trade include weak institutional frameworks, logistical inefficiencies and infrastructural gaps. Despite their geographic proximity—just 1,600 miles apart—the lack of direct transport links and weak regulatory frameworks make trade between the two regions cumbersome.

    Logistics, unfortunately, remains a major bottleneck. ITC data show that 57% of unrealized trade potential stems from logistical challenges. Both regions score poorly on the logistics index, according to the World Bank, ranking among the lowest in the world in terms of transport efficiency. Investing in interregional infrastructure will be key, including direct maritime and air transport links, improving ports and enhancing digital infrastructure.

    For example, the Afreximbank has an ongoing $3 billion credit facility for CARICOM countries, to boost trade infrastructure and the competitiveness of small businesses. These are the types of arrangements, when replicated, that make a difference in the long term.

    Empowering small businesses to seize the moment

    But all of this could be for naught unless both regions’ small businesses are empowered to act and seize these opportunities for themselves. The Strengthening AfriCaribbean Trade and Investment Project, an initiative spearheaded by Afreximbank and the ITC, is forging vital links between the private sectors of Africa and the Caribbean. This ambitious endeavour aims to cultivate not only strategic commercial partnerships but also cultural connections. In collaboration with the Caribbean Private Sector Organization and the African Business Council, the project empowers both regions to unearth business opportunities and stimulate business-to-business exchanges, paving the way for a dynamic synergy to elevate the economic landscape of both Africa and the Caribbean.

    Small businesses are the backbone of the African and Caribbean economies but remain underrepresented in trade. The first-ever Global Small and Medium-sized Enterprises Ministerial Meeting, was hosted by ITC and the Government of South Africa in Johannesburg this month, in the year of South Africa’s G20 Presidency, which positioned small businesses as key players in global trade reform. Afreximbank enabled the participation of 15 ministers to attend, 10 from Africa and five from the Caribbean. Days later, the AfriCaribbean Trade and Investment Forum (ACTIF) will kick off in St. George’s Grenada from 28 to 30 July 2025, where the work to increase trade and investment between the two regions will continue. To participate, please visit https://ACTIF2025.com.

    Our alliance is more than just a response to global uncertainty; it is a blueprint for inclusive, resilient and opportunity-driven trade in the 21st century. Together, Africa and the Caribbean can showcase South-South trade as a solution in a time of great change.

    – on behalf of Afreximbank.

    MIL OSI Africa –

  • MIL-OSI Canada: $1 Million Investment Helps Regional Parks Expand in Saskatchewan

    Source: Government of Canada regional news

    Released on July 25, 2025

    Saskatchewan’s Regional Parks can now access funding to create new seasonal campsites through a $1 million investment from the provincial government. 

    “Regional parks are wonderful gathering places for families and communities,” Parks, Culture and Sport Minister Alana Ross said. “They attract visitors, generate tourism dollars and promote healthy outdoor activities. This investment will help our parks grow and better serve the needs of residents and tourists alike.”

    The Saskatchewan Regional Parks Association (SRPA) will run the new program and distribute the grants to successful projects. Up to $5,000 per campsite is available. Applications for up to 200 qualifying campsites will be accepted in 2025. 

    Almost 80 accredited regional parks are eligible for funding. The initiative is expected to support dozens of local construction and maintenance jobs, while also helping communities capitalize on Saskatchewan’s thriving tourism economy.

    The SPRA welcomes the announcement, noting that regional parks hosted around 250,000 visitors last year. 

    “The Saskatchewan Regional Parks Seasonal Site Program is more than just expanding campsites,” Saskatchewan Regional Parks Association Executive Director Madison Giesbrecht said. “It is about expanding opportunities for families, friends, and communities to reconnect with nature and with each other.”

    Regional parks can apply for funding beginning July 25, 2025. Full program details are available at saskregionalparks.ca/new-seasonal-sites.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI USA: Governor Newsom celebrates four years of connecting education and workforce insights thanks to Cradle-to-Career

    Source: US State of California Governor

    Jul 25, 2025

    What you need to know: California is celebrating the fourth anniversary of the California Cradle-to-Career Data System, which connects datasets from multiple state entities to deliver information on education and workforce outcomes and help students reach their life and career goals. 

    Sacramento, California – In July 2021, Governor Gavin Newsom signed legislation to establish the California Cradle-to-Career (C2C) Data System within the Government Operations Agency. In the four years since, C2C has achieved exciting milestones, launching a first-of-its-kind informational tool to help students better understand their options for education and career planning in April 2025. 

    “Over the last four years, Cradle-to-Career has made massive strides in their work to connect available data and existing information to the students who can use it to leverage their careers. I look forward to what comes next and the achievements California’s future leaders will accomplish.”

    Governor Gavin Newsom

    “In just four years, California’s official data system became a model for inclusive decision-making, meaningful community engagement, and unprecedented collaboration,” said Mary Ann Bates, Executive Director at the California Cradle-to-Career Data System. “Californians deserve tools for their education and career planning that reflect their experiences. We started by listening first, and then building a dashboard based on what people said they needed. We continue to learn from the input people are sharing as they explore the Student Pathways data dashboard.” 

    Cradle-to-Career

    The system is overseen by a 21-member governing board representing perspectives across the state, along with processes that ensure substantial public representation. The Cradle-to-Career Data System links existing education, workforce, financial aid and social service information to better equip policy makers, educators and the public to close opportunity gaps and improve outcomes for all students throughout the state. Public dashboards and other tools provide transparency into how students are educated and enter the workforce, along with corresponding insights into how policies and programs can better serve more students and families. 

    What comes next

    Cradle-to-Career is providing timely, accurate, and reliable information on education and workforce outcomes. Hearing from researchers who are eager to dive deeper into the dashboard, C2C will launch the first phase of its Query Builder tool by the end of 2025. The Query Builder complements the Student Pathways Dashboard by providing users with the ability to explore the information powering the dashboard. The Query Builder rollout will occur in phases, with new features building on previous releases. You can learn more about that work HERE.

    How we got here

    Over the course of 2020 and the first half of 2021, more than 200 people from 15 state agencies and many educational institutions, research and policy organizations, and community groups worked together to design a blueprint for the California Cradle-to-Career Data System. You can learn more about their work HERE. 

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    What they’re saying: 

    • Sacramento Mayor Darrell Steinberg, original author of the Mental Health Services Act: “Twenty years ago, I never could have dreamed that we would have the strong leadership we have today, committing billions and making courageous policy changes that question the conventional wisdom on mental health. Now, with the passage of Proposition 1. California is delivering on decades old promises to help people living with brain-based illnesses, to live better lives, to live independently and to live with dignity in our communities. This is a historic moment and the hard work is ahead of us.“
    • Senator Susan Eggman (D-Stockton), author of Senate Bill 326: “Today marks a day of hope for thousands of Californians who are struggling with mental illness – many of whom are living unhoused. I am tremendously grateful to my fellow Californian’s for passing this important measure.  And I am very appreciative of this Governor’s leadership to transform our behavioral health care system!”
    • Assemblymember Jacqui Irwin (D-Thousand Oaks), author of Assembly Bill 531: “This started as an audacious proposal to address the root cause of homelessness and today, Californians can be proud to know that they did the right thing by passing Proposition 1. Now, it’s time for all of us to get to work, and make sure these reforms are implemented and that we see results.”

    Bigger picture: Transforming the Mental Health Services Act into the Behavioral Health Services Act and building more community mental health treatment sites and supportive housing is the last main pillar of Governor Newsom’s Mental Health Movement – pulling together significant recent reforms like 988 crisis line, CalHOPE, CARE Court, conservatorship reform, CalAIM behavioral health expansion (including mobile crisis care and telehealth), Medi-Cal expansion to all low-income Californians, Children and Youth Behavioral Health Initiative (including expanding services in schools and on-line), Older Adult Behavioral Health Initiative, Veterans Mental Health Initiative, Behavioral Health Community Infrastructure Program, Behavioral Health Bridge Housing, Health Care Workforce for All and more.

    More details on next step here

    Press releases, Recent news

    Recent news

    Jul 24, 2025

    News Governor Newsom praises the State Water Board for incorporating the Healthy Rivers and Landscapes Program into the Bay-Delta Plan What you need to know: The Newsom Administration’s innovative Healthy Rivers and Landscapes Program, which improves environmental…

    Jul 24, 2025

    News Sacramento, California – Governor Gavin Newsom issued the following statement today on a three-judge panel of the U.S. Court of Appeals for the Ninth Circuit striking down California’s ammunition background check law, which was passed by voters in 2016: Strong…

    Jul 23, 2025

    News What you need to know: Through Governor Newsom’s support of local government efforts and state investments, California is reversing decades of inaction on homelessness. Last year’s 2024 point-in-time count showed California had outperformed the nation by slowing…

    MIL OSI USA News –

  • MIL-OSI USA: News 07/25/2025 VIDEO: Blackburn, Economist Dr. Laffer Discuss Roaring Economy Under President Trump on ‘Unmuted with Marsha’

    US Senate News:

    Source: United States Senator Marsha Blackburn (R-Tenn)

    NASHVILLE, Tenn. – Today, U.S. Senator Marsha Blackburn (R-Tenn.) released a new episode of ‘Unmuted with Marsha’ with American economist and author, Dr. Arthur Laffer, where they discussed the roaring economy under President Trump and how the One Big Beautiful Bill supports working-class Americans.

    Click here to watch this episode of ‘Unmuted with Marsha.’

    “Sometimes you will hear the Democrats say, ‘Oh, this is just a bill for the rich.’ But it’s blue-collar wages, hardworking American workers, their wages that are going to benefit the most. I know the Council of Economic Advisers had expected as much as $10,000 more in take-home pay,” said Senator Blackburn.

    “Within this Big Beautiful Bill, there’s a lot of good spending cuts and good spending programs involved so we’re moving towards the North Star on spending… I have never been more optimistic in my life as I am right now about the prospects for the U.S. economy,” said Dr. Laffer.

    RELATED

    MIL OSI USA News –

  • Anuradha Thakur nominated as director on RBI Central Board

    Source: Government of India

    Source: Government of India (4)

    The Central Government has nominated Anuradha Thakur, Secretary of the Department of Economic Affairs, as a Director on the Central Board of the Reserve Bank of India (RBI), replacing Ajay Seth.

    According to an official release issued on Friday, Thakur’s appointment is effective from July 24, and will remain in effect until further notice.

    Earlier in the day, RBI Governor Sanjay Malhotra stated that the Reserve Bank’s monetary policies are forward-looking, with the Monetary Policy Committee (MPC) placing greater emphasis on future outlook than on current data.

    The MPC is scheduled to meet from August 4 to 6, with the monetary policy decision to be announced on August 6, 2025.

    Speaking at the Financial Express BFSI Summit in Mumbai, Governor Malhotra said, “Monetary policy, being data-driven, will be guided more by the outlook, based on revised figures if any call is taken.”

    He added, “The neutral stance allows the flexibility to move in either direction- or even to pause. The MPC will evaluate the data that comes in.”

    During the event, the Governor also underscored the RBI’s primary challenge of maintaining price stability.

    “Price stability continues to be challenge number one. I would also add banking regulation, because we are a full-service central bank. In addition to monetary policy, we oversee various aspects, including banking regulation,” he said.

    Governor Malhotra also flagged concerns around conflicts of interest and corporate ownership-particularly when a single business group operates in both the financial sector (such as banks) and the real economy (such as manufacturing or retail).

    “While some NBFCs have deep pockets, if the same group is involved in both financial and real-economy activities, it creates an inherent conflict of interest- these concerns remain,” he said.

    -ANI

  • MIL-OSI: Advantage Solutions Announces Date for its Second Quarter 2025 Financial Results and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, July 25, 2025 (GLOBE NEWSWIRE) — Advantage Solutions Inc. (NASDAQ GS: ADV) announced today that it will release financial results for the second quarter at 7 a.m. EDT on Aug. 7, 2025, followed by a conference call at 8:30 a.m. EDT on the same day.

    The conference call can be accessed live by dialing 1-800-715-9871 for U.S. callers or 1-646-307-1963 for international callers. The conference ID is 5720569. Approximately three hours after the call, a replay will be available by dialing 1-800-770-2030 for U.S. callers or 1-609-800-9909 for international callers. The playback ID is 5720569#. The replay recording will be available until Aug. 14, 2025.

    Interested investors and other parties may also listen to a simultaneous conference call webcast by logging onto the Investor Relations section of the Advantage Solutions website at ir.youradv.com. The online replay will be available for a limited time shortly following the call.

    About Advantage Solutions

    Advantage Solutions is the leading omnichannel retail solutions agency in North America, uniquely positioned at the intersection of consumer-packaged goods brands and retailers. With its data- and technology-powered services, Advantage leverages its unparalleled insights, expertise and scale to help brands and retailers of all sizes generate demand and get products into the hands of consumers, wherever they shop. Whether it’s creating meaningful moments and experiences in-store and online, optimizing assortment and merchandising, or accelerating e-commerce and digital capabilities, Advantage is the trusted partner that keeps commerce and life moving. Advantage has offices throughout North America and strategic investments and owned operations in select international markets. For more information, please visit youradv.com.

    Investor Contacts: 
    Ruben Mella, CFA
    investorrelations@youradv.com     

    Media Contacts: 
    Jeff Levine
    press@youradv.com     

    The MIL Network –

  • MIL-OSI: Erayak Power Solution Group. Announces $3 Million Registered Direct Offering

    Source: GlobeNewswire (MIL-OSI)

    Wenzhou, China, July 25, 2025 (GLOBE NEWSWIRE) — Erayak Power Solution Group Inc.. (NASDAQ: RAYA) (“Erayak” or the “Company”), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, today announced that it has entered into a securities purchase agreement with certain institutional investors for the purchase and sale of an aggregate of 30,612,246of the Company’s Class A ordinary shares, par value $0.0001 per share (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $0.098 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.0001 per share.

    The aggregate gross proceeds to the Company of this offering are expected to be approximately $3 million. The transaction is expected to close on or about July 28, 2025, subject to the satisfaction of customary closing conditions.

    Craft Capital Management is acting as the sole placement agent for the offering. 

    The registered direct offering is being made pursuant to a shelf registration statement on Form F-3 (File No. 333-278347) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission (“SEC”) on May 16, 2024.

    The offering is being made only by means of a prospectus supplement and accompanying prospectus. The prospectus supplement describing the terms of the public offering will be filed with the SEC prior to the closing and will form a part of the effective registration statement, available on the SEC’s website located at http://www.sec.gov.

    Copies of the prospectus supplement and accompanying prospectus relating to the offering may be obtained from Craft Capital Management, 377 Oak St., Lower Concourse, Garden City, NY 11530, Attention: Syndicate Dept.; email: info@craftcm.com

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

    About Erayak Power Solution Group Inc.

    Erayak specializes in the manufacturing, research and development, and wholesale and retail of power solution products. Erayak’s product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. Our products are used principally in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. Our goal is to be the premier power solutions brand and a solution for mobile life and outdoor living. For more information, visit www.erayakpower.com.   

    Safe Harbor Statement

    This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us.  We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

    Investor Relations Contact:
    Skyline Corporate Communications Group, LLC
    Lisa Gray, Senior Account Manager
    One Rockefeller Plaza, 11th Floor
    New York, NY 10020
    Office: (646) 893-5835

    Email: lisa@skylineccg.com

    The MIL Network –

  • MIL-OSI Analysis: As Spotify moves to video, the environmental footprint of music streaming hits the high notes

    Source: The Conversation – UK – By Hussein Boon, Principal Lecturer – Music, University of Westminster

    CarlosBarquero/Shutterstock

    Spotify currently has 675 million active users. Now, as it expands into video for music streaming and as more people use Spotify, the app’s environmental footprint is set to increase.

    In-video advertisements that aim to increase ad revenue involve AI to tap into a users’ preferences. This means lots of individual videos with minor differences requiring additional processing scaled to the user’s streaming resolution.

    But while Spotify used to publish data on its environmental costs, its reports have been incomplete since 2021. As American author and scholar, Shoshanna Zuboff points out in her book The Age of Surveillance Capitalism, many tech companies lack environmental accountability.



    Read more:
    Music streaming has a far worse carbon footprint than the heyday of records and CDs – new findings

    The Carbon Trust, a consultancy that helps businesses reduce their carbon footprints, works to globally promote a sustainable future and has calculated the European average carbon footprint for video streaming as producing 55g of CO₂e per hour. This CO₂e or carbon dioxide equivalent is a comparable measure of the potential effect of different greenhouse gases on the climate: 55g of CO₂e is 50 times more than audio streaming and the equivalent of microwaving four bags of popcorn.

    Online music videos are becoming the default – but at what environmental cost?
    Song_about_summer/Shutterstock

    As a music technology and AI researcher, I’m aware of the shift in responsibility that comes with Spotify’s video innovations. While companies’ significant role in generating emissions should not be diminished, the shift of responsibility fromt he platform to users and content creators means that better informed choices about their streaming devices and streaming quality settings larger screens need to be made. Streaming at higher resolutions becomes significant factors in increasing video’s carbon footprint.

    This increased responsibility means that end users needs to make better informed choices about their streaming devices and streaming quality settings.

    While companies’ significant role in generating emissions should not be diminished, this shift of responsibility to the end user means that larger screens and streaming at higher resolutions become significant factors in increasing video’s carbon footprint.

    Location also affects how carbon emissions are managed. Germany has the largest carbon footprint for video streaming at 76g CO₂e per hour of streaming, reflecting its continued reliance on coal and fossil fuels. In the UK, this figure is 48g CO₂e per hour, because its energy mix includes renewables and natural gas, increasingly with nuclear as central to the UK’s low-carbon future. France, with a reliance on nuclear is the lowest, at 10g CO₂e per hour.

    There is an absolute burden of responsibility on tech and media companies to reduce their carbon emissions and to be transparent about their efforts to do so. In fact, net zero cannot be achieved without commitments from the major technology companies, many of which are based in the US whose government has not ratified the Kyoto protocol and withdrew from the Paris agreement in 2020 which are both significant global efforts to combat climate change.

    Eco-conscious music streaming

    A French thinktank called the Shift Project advocates for people and companies to adopt “digital sobriety” (the mindful use of digital tech) to ensure efficiency and sustainability. For example, research shows that the UK could reduce its carbon output by more 16,433 tonnes if each adult sent one less thank you email a day.

    Certainly aimless streaming should be avoided because video decoding can account for 35-50% of playback energy on user devices. However, music video is more than mere music. As I have argued in my own work, video “provides a layer of meaning making not present in lyrics or audio alone”.

    Video can bring marginalised music makers, cultures and ideas to the foreground by tackling difficult subjects. Like the work of Syrian-American rapper, poet, activist and chaplain Mona Haydar’s Wrap My Hijab or UK grime rapper Drillminister and his critique of neo-liberalism and trickle-down economics Nouveau Riche.

    To minimise the environmental footprint of your own music streaming, use Wi-Fi rather than 4G or 5G. If you listen to a song repeatedly, purchase a download to play. Use localised storage rather than cloud-based systems for all of your music and video files. Reduce auto-play, aimless background streaming or using streaming as a sleep aid by changing the default settings on your device including reducing streaming resolution. And turn your camera off for video calls, as carbon emissions are 25 times more than for audio only.

    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed so far.

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

    – ref. As Spotify moves to video, the environmental footprint of music streaming hits the high notes – https://theconversation.com/as-spotify-moves-to-video-the-environmental-footprint-of-music-streaming-hits-the-high-notes-259939

    MIL OSI Analysis –

  • MIL-OSI Analysis: How to reduce the hidden environmental costs of supply chains

    Source: The Conversation – UK – By Benjamin Selwyn, Professor of International Relations and International Development, Department of International Relations, University of Sussex

    Me dia/Shutterstock

    Global supply chains account for 70% of world trade. They are the arteries of global capitalism, moving goods and services across borders multiple times before reaching consumers.

    Since the early 1990s — as part of economic globalisation — these networks have enabled mass consumption by delivering cheap goods made using cheap labour and shipped globally at minimal cost. But this convenience comes at a catastrophic environmental price.

    The infrastructure that supports global supply chains — ports, highways, railways, data servers — has expanded dramatically, increasing the distance goods travel from production to consumption to disposal. These “supply chain miles” are a major contributor to ecological degradation.

    Worse still, managing these sprawling networks depends on energy-intensive digital technologies, produced and distributed through global supply chains. Electronic waste is soaring, reaching 62 million tonnes in 2022 and projected to increase to 82 million tonnes by 2030.

    Global supply chains have also driven the expansion of global markets. Argentina’s soy industry is a case in point: production surged from under 30,000 tonnes in 1970 to over 60 million tonnes in 2015, largely to feed the world’s growing livestock population.

    Consequently, much of the Argentinian pampas region – previously renowned for its rich biodiversity – has been decimated by soy monocultures.

    As an expert on global supply chains, I study what can be done to remedy this environmentally damaging situation. My research shows that this problem runs deeper than logistics.

    Global supply chains are a key part of the capitalist system that thrives on endless economic growth. Competitive capital accumulation (where profits are reinvested to generate more profits) drives this cycle.

    The global economy is forecast to more than double by 2050. This entails an accelerated use of resources and waste generation, in a world that has already transcended an increasing number of planetary boundaries or safe limits of consumption.



    Read more:
    Society needs a systems update to cope with climate crisis – my new film explains why

    While green technologies can hypothetically make supply chains more efficient, enhanced efficiency under capitalism often leads to more production, not less. Efficiency gains can reduce costs, make goods more profitable and stimulate greater investment. Energy-saving lightbulbs and digital tools, for example, have led to broader adoption and higher overall energy use, rather than a decrease in energy demand.

    Better tech alone won’t reduce environmental harm. We need a shift toward a low-energy economy that prioritises human and ecological wellbeing over profit.

    Public transport, healthcare, open-source software and urban food systems are examples of social provision that are often cheaper, more inclusive and more environmentally sustainable than their profit-orientated alternatives.

    Greening supply chains

    I’ve identified five practical steps that can reduce the environmental footprint of supply chains.

    First, accelerating the transition from fossil fuels to renewables is essential. The Danish Island of Samsø went from fossil fuel dependence to 100% renewable energy by the early 2000s in the space of a decade by constructing and deploying on- and off-shore wind-power and biomass boilers. Scaling up such transitions could power cleaner supply chain infrastructure.

    Second, the electrification of shipping means that battery-powered shipping is no longer science fiction. The Yara Birkeland, the world’s first fully electric cargo ship, recently launched with a 100-container capacity. One study suggests that 40% of container traffic could be electrified this decade using existing technology.

    Third, by designing for durability and repair, digital and electronic products can be built to last and easy to repair. The “right to repair” movement advocates for consumer rights to fix and repair products rather than having to buy new ones and is gaining traction.

    It is challenging corporate control over who can fix what. Six US states have passed laws giving consumers the right to repair their own devices. In the UK, a community initiative called the Restart Project is pushing for stronger regulations and promoting community-based repair initiatives and digital technology sharing.

    Designing products that last and can easily be repaired helps create a more circular and less wasteful economy.
    Natali Ximich/Shutterstock

    Fourth, urban transport needs a rethink. Road transport accounts for about 12% of global greenhouse gas emissions. That sector could be streamlined by shifting supply chains from manufacturing millions of cars to investing in efficient and affordable bus, train and bike networks. Car-free cities and expanded electric public transport networks could slash emissions from road transport. This is already happening in places like Ghent in Belgium, Amsterdam in the Netherlands, Lamu Island in Kenya and Fes el Bali in Morocco.

    Fifth, supply chains can be shortened by shifting diets. Reducing meat consumption could shrink the global feed-livestock chain the vast complex of animal feed production (such as soy) underpinning the burgeoning world cattle population and its associated transport emissions.

    Countries such as Germany, the Netherlands and Denmark have already seen declines in meat consumption over the past decade as plant-based diets have gained popularity. The UK is also experiencing a fall in per capita meat consumption

    These strategies are all tiny steps in the right direction. But, as the US author and environmentalist Bill McKibben says, “winning slowly is the same as losing”. We need much greater and more rapid transformations.

    So, while parts of supply chains can become more sustainable, any efforts will be counterproductive as long as governments and firms continue chasing endless economic growth. What’s needed now is the political and cultural will to prioritise people and the planet over profit.

    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed so far.

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

    – ref. How to reduce the hidden environmental costs of supply chains – https://theconversation.com/how-to-reduce-the-hidden-environmental-costs-of-supply-chains-259595

    MIL OSI Analysis –

  • MIL-OSI Analysis: Cuban government scrambling to deal with outrage about country’s economic crisis

    Source: The Conversation – UK – By Emily Morris, Research Associate, Institute of the Americas, UCL

    Cuba doesn’t have any beggars, according to the country’s minister of labour, Marta Elena Feitó Cabrera. In a speech to the national assembly on July 15, she denied the existence of destitution in the communist country, claiming the problem was actually people “disguised as beggars”.

    Her words were greeted by public outcry on social media. They also prompted a swift rebuke from her peers and the president, Miguel Díaz-Canel, who said leadership could not “act with condescension”. The next day, the Cuban government published an official note saying Feitó Cabrera had resigned.

    The political vulnerability of the Cuban government explains the urgent need to respond to missteps such as Feitó Cabrera’s. The country is enduring an acute economic crisis, which has seen living standards plummet and over 1 million Cubans leave the country since 2020.

    Cubans are leaving en masse:

    A severe economic crisis in Cuba has prompted a mass exodus from the island.
    Oficina Nacional de Estadísticas e Información

    The recession has severely strained the system of social protection that the government points to as one of its main achievements since taking power more than 60 years ago. Despite food subsidies and the efforts of welfare services, a growing number of people are now going hungry.

    Public confidence in the government has been severely weakened as a result, particularly among young Cubans. The risk of escalating popular protest is magnified by the proliferation of social media channels, emanating from inside and outside the country.

    These channels air the many complaints about daily frustrations in Cuba and highlight any failings or signs of hypocrisy on the part of officials. So when Feitó Cabrera’s speech went viral, it was met with inevitable public outrage.

    Díaz-Canel’s reaction can be seen as urgent damage limitation. But it is also consistent with his broader approach to managing the crisis facing his country. He has worked tirelessly to try and defuse anger through engagement, touring Cuba for local meetings to search for solutions.

    In his comments after Feitó Cabrera’s speech, he insisted that officials should acknowledge the scale of hardship being suffered, and “help, support and show solidarity” with the disadvantaged and most vulnerable.

    This need to reach out was all the more important given the grim tone of the national assembly meeting where Feitó Cabrera made her remarks. Ministers appeared one after the other to present dismal reports on the state of almost all sectors of the Cuban economy.

    The electricity system remains plagued by breakdowns caused by chronic underinvestment as well as difficulties in obtaining fuel and spare parts. The resulting daily power outages ensure that the sense of crisis is ever-present and frustrate all efforts to boost production.

    Doubting official data

    While full official national income data for 2024 has not yet been released, Cuba’s economy ministry estimates that real national income contracted by 1.1% in 2024. This leaves it more than 10% below its pre-pandemic level, and 2025 is not expected to show much improvement.

    The decline in real disposable income for Cuban households since 2021 has, in reality, been far greater. The official inflation rate indicates that consumer prices have risen fourfold over the past five years. At this rate, living costs would have increased broadly in line with salaries.

    Consumer prices have risen fourfold since 2020:

    Official inflation data for Cuba. The spike in early 2021 was the result of a monetary reform, which involved a big jump in wages in December 2020 followed by a currency reform in January 2021.
    Oficina Nacional de Estadísticas e Información

    But official figures systematically understate the actual increase in prices faced by Cuban households, due to the weightings used. In 2021, for example, research estimated the inflation rate to be between 174% and 700% – well above the government’s estimate (77.3%).

    The rising market prices have put many essential goods beyond the reach of most people who depend on state incomes. This has forced many households to depend on remittances or the informal economy to survive.

    Thanks to tight fiscal restraint, the official annual rate of inflation eased to 15% in June. But the wide gap between the increase in the actual cost of living and official inflation index continues to compound distrust of the government and the perception that the country’s leaders are out of touch.

    A lack of transparency and long delays in the publication of economic data, together with restrictions on the scope for private enterprise, are widely attributed to the government’s incompetence and reluctance to enact liberalising reforms.

    Recovery blocked by US sanctions

    For these reasons, the government’s insistence that US sanctions are to blame for limiting the possibilities for economic recovery is increasingly regarded with scepticism. However, the constraint on economic growth imposed by US measures is real and severe.

    It is also the deliberate aim of US policy. The unilateral sanctions not only block trade, as well as financial and international travel between the US and Cuba. They also severely hamper all kinds of transactions between Cuba and the rest of the world.

    Every branch of the Cuban economy has been affected, including the health service, social safety nets, agriculture and industry. And the lack of hard currency has, in turn, limited the scope for the investments and reforms needed for economic recovery.

    The easing inflation rate, together with some new investments in renewable energy, an improved fiscal balance and a recent small increase in pensions, may signal that the end of the economic downturn may be approaching. But neither the government nor the population have any confidence that the crisis will come to an end this year.

    No one is expecting US sanctions to be lifted while Donald Trump is president. Before Trump first stood for the presidency he hadn’t given Cuba his attention, but as president he has aligned himself firmly with hardliners.

    In his first term, Trump reversed the opening with Cuba initiated by Barack Obama. And his current secretary of state, Marco Rubio, is one of the architects and leading proponents of economic sanctions against Cuba. Trade and investment will thus remain depressed, while shortages, power cuts, a lack of transport and crumbling public services will persist.

    But by demanding the resignation of the minister of labour, perhaps Díaz-Canel hopes to demonstrate that his government understands what that the economic asphyxiation means for a majority of Cubans struggling to survive.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

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

    – ref. Cuban government scrambling to deal with outrage about country’s economic crisis – https://theconversation.com/cuban-government-scrambling-to-deal-with-outrage-about-countrys-economic-crisis-261702

    MIL OSI Analysis –

  • MIL-OSI Submissions: Cuban government scrambling to deal with outrage about country’s economic crisis

    Source: The Conversation – UK – By Emily Morris, Research Associate, Institute of the Americas, UCL

    Cuba doesn’t have any beggars, according to the country’s minister of labour, Marta Elena Feitó Cabrera. In a speech to the national assembly on July 15, she denied the existence of destitution in the communist country, claiming the problem was actually people “disguised as beggars”.

    Her words were greeted by public outcry on social media. They also prompted a swift rebuke from her peers and the president, Miguel Díaz-Canel, who said leadership could not “act with condescension”. The next day, the Cuban government published an official note saying Feitó Cabrera had resigned.

    The political vulnerability of the Cuban government explains the urgent need to respond to missteps such as Feitó Cabrera’s. The country is enduring an acute economic crisis, which has seen living standards plummet and over 1 million Cubans leave the country since 2020.

    Cubans are leaving en masse:

    A severe economic crisis in Cuba has prompted a mass exodus from the island.
    Oficina Nacional de Estadísticas e Información

    The recession has severely strained the system of social protection that the government points to as one of its main achievements since taking power more than 60 years ago. Despite food subsidies and the efforts of welfare services, a growing number of people are now going hungry.

    Public confidence in the government has been severely weakened as a result, particularly among young Cubans. The risk of escalating popular protest is magnified by the proliferation of social media channels, emanating from inside and outside the country.

    These channels air the many complaints about daily frustrations in Cuba and highlight any failings or signs of hypocrisy on the part of officials. So when Feitó Cabrera’s speech went viral, it was met with inevitable public outrage.

    Díaz-Canel’s reaction can be seen as urgent damage limitation. But it is also consistent with his broader approach to managing the crisis facing his country. He has worked tirelessly to try and defuse anger through engagement, touring Cuba for local meetings to search for solutions.

    In his comments after Feitó Cabrera’s speech, he insisted that officials should acknowledge the scale of hardship being suffered, and “help, support and show solidarity” with the disadvantaged and most vulnerable.

    This need to reach out was all the more important given the grim tone of the national assembly meeting where Feitó Cabrera made her remarks. Ministers appeared one after the other to present dismal reports on the state of almost all sectors of the Cuban economy.

    The electricity system remains plagued by breakdowns caused by chronic underinvestment as well as difficulties in obtaining fuel and spare parts. The resulting daily power outages ensure that the sense of crisis is ever-present and frustrate all efforts to boost production.

    Doubting official data

    While full official national income data for 2024 has not yet been released, Cuba’s economy ministry estimates that real national income contracted by 1.1% in 2024. This leaves it more than 10% below its pre-pandemic level, and 2025 is not expected to show much improvement.

    The decline in real disposable income for Cuban households since 2021 has, in reality, been far greater. The official inflation rate indicates that consumer prices have risen fourfold over the past five years. At this rate, living costs would have increased broadly in line with salaries.

    Consumer prices have risen fourfold since 2020:

    Official inflation data for Cuba. The spike in early 2021 was the result of a monetary reform, which involved a big jump in wages in December 2020 followed by a currency reform in January 2021.
    Oficina Nacional de Estadísticas e Información

    But official figures systematically understate the actual increase in prices faced by Cuban households, due to the weightings used. In 2021, for example, research estimated the inflation rate to be between 174% and 700% – well above the government’s estimate (77.3%).

    The rising market prices have put many essential goods beyond the reach of most people who depend on state incomes. This has forced many households to depend on remittances or the informal economy to survive.

    Thanks to tight fiscal restraint, the official annual rate of inflation eased to 15% in June. But the wide gap between the increase in the actual cost of living and official inflation index continues to compound distrust of the government and the perception that the country’s leaders are out of touch.

    A lack of transparency and long delays in the publication of economic data, together with restrictions on the scope for private enterprise, are widely attributed to the government’s incompetence and reluctance to enact liberalising reforms.

    Recovery blocked by US sanctions

    For these reasons, the government’s insistence that US sanctions are to blame for limiting the possibilities for economic recovery is increasingly regarded with scepticism. However, the constraint on economic growth imposed by US measures is real and severe.

    It is also the deliberate aim of US policy. The unilateral sanctions not only block trade, as well as financial and international travel between the US and Cuba. They also severely hamper all kinds of transactions between Cuba and the rest of the world.

    Every branch of the Cuban economy has been affected, including the health service, social safety nets, agriculture and industry. And the lack of hard currency has, in turn, limited the scope for the investments and reforms needed for economic recovery.

    The easing inflation rate, together with some new investments in renewable energy, an improved fiscal balance and a recent small increase in pensions, may signal that the end of the economic downturn may be approaching. But neither the government nor the population have any confidence that the crisis will come to an end this year.

    No one is expecting US sanctions to be lifted while Donald Trump is president. Before Trump first stood for the presidency he hadn’t given Cuba his attention, but as president he has aligned himself firmly with hardliners.

    In his first term, Trump reversed the opening with Cuba initiated by Barack Obama. And his current secretary of state, Marco Rubio, is one of the architects and leading proponents of economic sanctions against Cuba. Trade and investment will thus remain depressed, while shortages, power cuts, a lack of transport and crumbling public services will persist.

    But by demanding the resignation of the minister of labour, perhaps Díaz-Canel hopes to demonstrate that his government understands what that the economic asphyxiation means for a majority of Cubans struggling to survive.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

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

    – ref. Cuban government scrambling to deal with outrage about country’s economic crisis – https://theconversation.com/cuban-government-scrambling-to-deal-with-outrage-about-countrys-economic-crisis-261702

    MIL OSI –

  • MIL-OSI USA: SBA Relief Still Available to Kansas Small Businesses, Private Nonprofits and Residents June Storms and Flooding

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding eligible small businesses, private nonprofits, and residents in Kansas of the Aug. 26, deadline to apply for low interest federal disaster loans to offset physical damage caused by the severe storms, torrential rain and flooding occurring June 3-7.

    The disaster declaration covers the Kansas counties of Butler, Chase, Cowley, Elk, Greenwood, Harvey, Marion, Sedgwick and Sumner.

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

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

    Applicants may also be eligible for a loan increase of up to 20% of their physical damage, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include strengthening structures to protect against high wind damage, upgrading to wind rated garage doors, and installing a safe room or storm shelter to help protect property and occupants from future damage.

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

    SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries and private nonprofit (PNP) organizations impacted by financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises.

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

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

    The deadline to return physical damage applications is Aug. 26.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-OSI USA: SBA Relief Still Available to Oregon Small Businesses, Private Nonprofits and Residents Affected by the Harney County Flooding

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding eligible small businesses, private nonprofits, and residents in Oregon of the Aug. 25, deadline to apply for low interest federal disaster loans to offset physical damage caused by the Harney County flooding occurring March 12-April 15.

    The disaster declaration covers the Oregon counties of Crook, Deschutes, Grant, Harney, Lake and Malheur as well as the Nevada counties of Humboldt and Washoe.

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

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

    Applicants may also be eligible for a loan increase of up to 20% of their physical damage, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include strengthening structures to protect against high wind damage, upgrading to wind rated garage doors, and installing a safe room or storm shelter to help protect property and occupants from future damage.

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

    SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries and private nonprofit (PNP) organizations impacted by financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises.

    Interest rates can be as low as 4% for small businesses, 3.625% for nonprofits, and 2.75% for homeowners and renters with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms, based on each applicant’s financial condition.

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

    The deadline to return physical damage applications is Aug 25.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-OSI USA: SBA Relief Still Available to Oregon Small Businesses, Private Nonprofits and Residents Affected by March Storms

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding eligible small businesses, private nonprofits, and residents in Oregon of the Aug. 25, deadline to apply for low interest federal disaster loans to offset physical damage caused by severe storms, flooding, landslides and mudslides occurring March 13-20.

    The disaster declaration covers the Oregon counties of Coos, Curry, Douglas, Jackson, Josephine, Klamath and Lane.

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

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

    Applicants may also be eligible for a loan increase of up to 20% of their physical damage, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include strengthening structures to protect against high wind damage, upgrading to wind rated garage doors, and installing a safe room or storm shelter to help protect property and occupants from future damage.

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

    SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries and private nonprofit (PNP) organizations impacted by financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises.

    Interest rates can be as low as 4% for small businesses, 3.625% for nonprofits, and 2.75% for homeowners and renters with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms, based on each applicant’s financial condition.

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

    The deadline to return physical damage applications is Aug. 25.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-OSI Security: Illinois Man Sentenced to 41 Months in Prison

    Source: US FBI

    HAMMOND – Yesterday, Kareim J. Coverson, 37 years old, of Calumet City, Illinois, was sentenced by United States District Court Judge Phillip P. Simon after pleading guilty to conspiracy to commit bank fraud, announced Acting United States Attorney M. Scott Proctor.

    Coverson was sentenced to 41 months in prison, 2 years of supervised release, and ordered to pay $614,597.50 in restitution to the victims of the offense.

    According to documents in the case, between approximately May 2019 and June 2020, Coverson participated in a scheme to fraudulently obtain over $3.3 million from the proceeds of large business checks stolen out of the mail.  Coverson and his co-conspirators registered fictitious corporations with the Indiana and Illinois Secretaries of State, opened fraudulent corporate bank accounts, and deposited the stolen checks into the fraudulent accounts.  The actions of Coverson and his associates resulted in an unrecovered loss of over $1 million to the affected businesses and financial institutions.

    Coverson is the last of 10 defendants to be convicted and sentenced in this case and a related prosecution arising from the same scheme.   In April 2024, Coverson’s brother, Oliver Coverson, was sentenced to 96 months in prison for his role as the organizer of the scheme.  Earlier this year, Defendant Scott Vue received a prison sentence of 51 months for his role in the offense, which included opening fraudulent bank accounts, depositing stolen checks, and recruiting additional participants to the conspiracy.

    “The Coverson brothers and their associates assembled a large criminal conspiracy that caused millions of dollars of harm to businesses and banks throughout the United States.  These defendants stole from small and large businesses alike, disrupting the flow of commerce, and compromising the mail and financial systems on which everyday Americans rely to conduct their business,” said Proctor.  “As the court’s sentences in this case demonstrate, such conduct is not tolerated in the Northern District of Indiana and will be met with serious consequences.”   

    This case was investigated by the United States Postal Inspection Service, with assistance from the Federal Bureau of Investigation, Federal Deposit Insurance Corporation – Office of Inspector General, and the Lake County Sheriff’s Office.  The case was prosecuted by Assistant United States Attorney Zachary D. Heater.

    MIL Security OSI –

  • MIL-OSI USA: NEWS: Sanders, Omar Introduce Legislation to Repeal Corporate Welfare for Fossil Fuels in Trump’s ‘Big, Beautiful Bill,’ End Giveaways That Destroy the Planet

    US Senate News:

    Source: United States Senator for Vermont – Bernie Sanders
    BURLINGTON, Vt., July 25 – Sen. Bernie Sanders (I-Vt.) and Rep. Ilhan Omar (D-Minn.) reintroduced the End Polluter Welfare Act, legislation to eliminate President Trump’s enormous new handouts to the fossil fuel industry contained in the “Big, Beautiful Bill,” along with existing polluter welfare for the fossil fuel industry. First introduced by Sanders in 2012, the bill eliminates more than $190 billion in tax loopholes and federal subsidies for the fossil fuel industry over the next 10 years. That total includes approximately $20 billion in new subsidies for coal, oil drilling, methane emissions, pipelines and other false climate solutions. The bill would also prevent the Trump administration from handing out hundreds of millions of acres of public lands and waters for drilling. 
    In addition to Sanders and Omar, Sens. Elizabeth Warren (D-Mass.), Jeff Merkley (D-Ore.), Peter Welch (D-Vt.), Chris Van Hollen (D-Md.), Ed Markey (D-Mass) and Cory Booker (D-N.J.), along with 20 members of the House of Representatives, have cosponsored the bill. More than 170 organizations have endorsed the legislation.  
    “Donald Trump has sold out the young people of America and future generations,” Sanders said. “Big Oil spent $450 million to elected Donald Trump and Republicans during the last election cycle. In return, the president has directed the full regulatory, legal and financial weight of the federal government toward helping his fossil fuel executive friends get rich at the expense of a healthy and habitable planet for our kids and grandkids. The fossil fuel industry, with the support of Trump, is more concerned about their short-term profits than the wellbeing of the planet. No more polluter welfare for an industry that is making billions every year destroying the planet.” 
    “We are done letting fossil fuel executives write the rules while our communities pay the price,” Omar said. “For decades, Big Oil has raked in billions in taxpayer handouts while destabilizing our climate. The End Polluter Welfare Act will finally hold polluters accountable and eliminate these harmful subsidies once and for all. I’m proud to reintroduce this legislation with Senator Sanders because our planet can’t wait, and neither can we.” 
    Just four private fossil fuel corporations — ExxonMobil, BP, Chevron and Shell — have accounted for about 10% of global fossil fuel emissions since the beginning of the industrial revolution. Over the past three decades, these four companies have made more than $2 trillion in profit off the backs of people all around the world have borne the brunt of climate disasters. Last year alone, these companies made $84 billion in profit, and their CEOs made more than $95 million. 
    As if these obscene profits weren’t enough, the Republican reconciliation bill passed earlier this month by a single vote in the Senate includes enormous new subsidies to the fossil fuel industry: 
    More than $1.48 billion in tax cuts for metallurgical coal;
    More than $14 billion in tax cuts for carbon capture and enhanced oil recovery;
    Up to $3 billion in tax cuts for owners of power plants and pipelines that transport carbon and dirty hydrogen;
    Up to $447 million in tax cuts that help oil and gas drillers avoid the 15 percent corporate minimum tax;
    $1.5 billion in tax cuts for fossil fuel producers who emit methane, a greenhouse gas 84 times more potent than carbon dioxide;
    A “pay-to-play” scheme that will allow polluters to buy environmental reviews; and
    Opening up hundreds of millions of acres of our public lands and waters for drilling.
    Instead of handing out new taxpayer subsidies to Big Oil, Congress must take on the greed of the tremendously profitable fossil fuel industry by passing the End Polluter Welfare Act, which would: 
    Eliminate all giveaways, tax preferences and loopholes to the fossil fuel industry;
    Prohibit taxpayer-funded fossil fuel research and development;
    Update below-market royalty rates for oil and gas production on federal lands;
    Recoup royalties from offshore drilling in public waters;
    Ensure competitive bidding and leasing practices for coal developments on federal lands; and
    End support for international oil, gas and coal projects to help the international community move away from dirty fossil fuels to clean sources of power.
    Energy Secretary Chris Wright recently asked: “If an energy source needs subsidies to stay afloat, how truly reliable, or affordable is it?” The secretary is right: The American people can no longer afford to rely on the most subsidized form of energy in American history. Failure to address the climate crisis by taking on the fossil fuel industry puts the planet and future generations at risk. 
    Read the bill text here. 
    Read a summary here. 
    Read the section-by-section here. 
    Read a letter of support from endorsing organizations here. 

    MIL OSI USA News –