Category: Economy

  • MIL-OSI: Bay Miner smart cloud mining provides users with passive cryptocurrency income, easily mining Bitcoin and Ethereum

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, California, June 24, 2025 (GLOBE NEWSWIRE) — Against the backdrop of increasing geopolitical tensions and global economic uncertainty, Bay Miner announced the official launch of its new AI algorithm-driven cryptocurrency cloud mining platform. The platform supports a variety of popular digital assets including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), providing an automatic dividend, mobile convenience, and mining experience without the need for mining machines.

    Users can purchase contracts through their mobile phones, and the system will automatically allocate computing power based on real-time market conditions to achieve stable daily returns.

    What is BAY Miner cloud mining
    BAY Miner is a leading cloud mining platform with data centers in many locations around the world. Since its establishment in 2017, it has been committed to allowing ordinary users to easily participate in the mining of mainstream cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC), Solana (SOL), etc. without having to purchase mining machines or have professional skills.

    BAY Miner Smart Cloud Mining: Key Advantages & Core Value

    1. $15 Welcome Bonus for New Users
    Register and receive $15 in cloud mining credits instantly — start earning crypto with zero upfront investment.
    2. AI-Powered Hashrate Allocation
    The platform automatically distributes computing power to the most profitable cryptocurrencies, including BTC, ETH, SOL, and XRP, maximizing daily mining efficiency.
    3. Green Energy Infrastructure
    All mining operations are powered by renewable energy sources such as solar and wind, ensuring both cost efficiency and environmental sustainability.
    4. No Hardware Required, Zero Technical Barriers
    Users don’t need to purchase mining equipment or manage maintenance. Everything is automated, making it ideal for beginners and non-technical users.
    5. Daily Payouts with Transparent Earnings
    Mining profits are settled daily. Users can monitor performance in real-time, with no hidden fees. Withdraw or reinvest at any time.
    6. Global Affiliate Program with Up to 1 BTC Reward
    Earn up to 1 Bitcoin by inviting others to join BAY Miner. The referral program enables users to profit through sharing and growth.

    How to use BAY Miner cloud mining? (Operation Guide)
    Step 1: Register an account
    Visit the official website www.bayminer.com or download the BAY Miner App, register an account using your email address, and you will receive $15 cloud computing power experience credit upon successful registration.

    Step 2: Select a mining contract
    Browse the available mining contracts (such as BTC, ETH, SOL, XRP, etc.) on the platform, select the currency and contract period you are interested in (such as 6 days, 30 days, 50 days), and freely choose the amount to invest.

    Step 3: Confirm payment and start mining
    Payment is made using USDT or other supported cryptocurrencies. After the contract is confirmed, the system will automatically allocate AI computing power to the optimal currency and start mining immediately.

    Step 4: Check earnings daily
    Log in to your account to view daily earnings, cumulative mining quantity, and contract operation status in real time on the control panel. Earnings are settled daily without manual operation.

    Step 5: Withdraw or automatically reinvest
    You can withdraw earnings to your personal crypto wallet at any time, or turn on the “automatic reinvest” function to achieve compound growth of earnings.

    Flexible contract mechanism: freely control your mining rhythm
    BAY Miner provides a variety of flexible cloud mining contracts to meet the diverse needs of different users for cycles, risk control and returns. Whether it is a short-term trial or long-term stable returns, you can choose the most suitable mining solution based on your own asset allocation.
    The user can choose from the following options:
    – BTC [Power Contract Plan]: Invest $10,000 for 47 days → Daily income $165 → Total return $17,755
    – DOGE [Core Contract Plan]: Invest $5,000 for 32 days → Daily income $72.5 → Total return $7,320
    – BTC [Free Computing Plan]: Invest $100 for 2 days → Daily income $4 → Total return $108

    Click here for full contract details

    Extra Income Opportunity with BAY Miner
    Looking to grow your crypto earnings effortlessly? BAY Miner’s referral program offers unlimited commission potential — the more people you invite, the more you earn. It’s a powerful way to boost your mining income while building a passive revenue stream.

    BAY Miner makes cloud mining easy, secure, and profitable. Whether you’re diversifying your portfolio, seeking passive income, or pursuing high-yield crypto strategies, BAY Miner delivers a reliable and low-barrier path to financial freedom.

    Conclusion:
    Are you looking for a top-notch cloud-based cryptocurrency mining platform? If so, create an account right after reading this article and enjoy a $15 welcome bonus. You can use it as an initial investment and earn $0.60 per day for free. Try BAY Miner cloud mining service now, risk-free, don’t miss it!

    Visit the official website: www.bayminer.com
    Email: info@bayminer.com
    Mobile APP: https://bayminer.com/app/download

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

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    The MIL Network

  • MIL-OSI: Strata Decision Technology Launches StrataJazz Position Control to Streamline Healthcare Hiring Processes, Optimize Financial Performance

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 24, 2025 (GLOBE NEWSWIRE) — Strata Decision Technology, LLC (Strata), a leader in the development of cloud-based financial planning, analytics, and performance tools for healthcare, today announced the launch of its innovative new solution, StrataJazz® Position Control. StrataJazz Position Control automates routine and clear-cut hiring decisions so healthcare teams can dedicate valuable resources to positions that require more complex decision-making.

    The solution helps healthcare organizations streamline and improve the accuracy of planning for new positions, making it easier for finance, operations, and human resources (HR) to stay aligned with data-driven decisions. The product was unveiled this week at the Healthcare Financial Management Association (HFMA) Annual Conference.

    In today’s complex healthcare landscape, managing labor expenses — the single largest cost for hospitals and health systems — is more critical than ever. Finance leaders often face numerous hurdles in managing open positions, such as manually pulling data from multiple systems to validate requests. Misalignment between financial budgets and HR’s position tracking adds extra work, slows down reviews, and makes it harder to drive strategic decisions — leading to unfilled roles, lost candidates, and higher costs.

    “Healthcare organizations are under immense pressure to fill essential roles quickly without overspending or sacrificing decision quality,” said John Martino, Chief Executive Officer of Strata. “StrataJazz Position Control provides a unified platform that enables them to streamline hiring, avoid over-hiring or costly contract labor, and align staffing with strategic and financial goals, all while enhancing collaboration across finance, HR, and operations. It empowers organizations to invest strategically in their most valuable asset — their people — helping organizations elevate both patient care and operational performance.”

    StrataJazz Position Control is designed to address these urgent market needs by delivering a robust set of capabilities:

    • Unified collaboration: Connects finance, HR, and operations on one platform to streamline position management.
    • Intelligent validation: Automatically assesses requests against financial plans and productivity data.
    • System integration: Syncs with enterprise resource planning (ERP) and human capital management (HCM) platforms for consistent job code and full-time equivalent (FTE) tracking.
    • Automated workflows: Routes and tracks requests, speeding approvals and rejections.
    • Strategic review enablement: Filters routine requests, freeing finance teams to focus on high-impact decisions.

    By automating key processes, providing comprehensive data insights, and fostering inter-departmental collaboration, StrataJazz Position Control empowers healthcare organizations to make more informed, timely, and financially sound staffing decisions.

    To learn more about StrataJazz Position Control, visit our website and stop by our booth #319 or the Strata coffee station at the HFMA Annual Conference in Denver on June 22-25, 2025.

    About Strata Decision Technology, LLC: Strata Decision Technology, LLC provides an innovative, cloud-based platform for software, and data and service solutions to help healthcare organizations acquire insights, accelerate decisions, and enhance performance in support of their missions. More than 2,300 organizations rely on Strata’s StrataJazz and Axiom® solutions for market-leading service and enterprise performance management software, data, and intelligence solutions. To learn more about Strata and why the company has been named the market leader for Business Decision Support for more than 15 consecutive years, please go to www.stratadecision.com.

    Strata Social Networks 

    LinkedIn: Strata Decision Technology

    Media contact:

    Sally Brown, Inkhouse 
    strata@inkhouse.com  

    The MIL Network

  • MIL-OSI: Fengate and Alpha Omega Power start operations at Caballero Battery Energy Storage System

    Source: GlobeNewswire (MIL-OSI)

    NIPOMO, Calif., June 24, 2025 (GLOBE NEWSWIRE) — Fengate Asset Management (Fengate) and Alpha Omega Power (AOP) today announced that the 100-megawatt (MW)/400-megawatt-hour (MWh) Caballero Battery Energy Storage System (BESS) facility in Nipomo, California has achieved full commercial operations.

    Caballero BESS is the first facility of its kind in San Luis Obispo County, providing much needed power capacity and using only top-tier technology to ensure world-class safety and durability.

    “Caballero BESS is good for the environment and the community, providing enough reliable, clean energy to the central coast of California to power more than 100,000 homes for up to four hours every day, and contributing to local economic growth through the use of 100% union labor during the project’s construction phase,” said Greg Calhoun, Managing Director, Infrastructure Investments at Fengate. “We look forward to funding the continued growth of AOP and bringing resilient, stable power to grids across the United States.”

    “Delivering a best-in-class energy storage facility of this scale is AOP’s core mission. Thanks to the world-class team of BESS experts, we have at AOP, and support from our trusted partners, we’re now delivering ‘Reliability, Stored’ to California,” said Paul Choi, Founder and CEO of AOP. “Our team is proud to achieve this milestone, which solidifies AOP as a leading BESS Independent Power Producer.”

    Working shoulder-to-shoulder with all local and state authorities, Caballero BESS underwent rigorous testing and training with Cal Fire, San Luis Obispo City, and County Fire during the construction and testing phases. The project meets or exceeds all local, state, and federal safety requirements, including California Fire Codes and the latest National Fire Protection Association (NFPA) 855 standards for energy storage.

    Caballero BESS is the first investment by the Fengate and AOP partnership, which formed in 2023. Fengate is managing this investment on behalf of the Fengate Infrastructure Fund IV and its affiliated entities, including an investment by the LiUNA Pension Fund of Central and Eastern Canada.

    The project received financing from MUFG Bank Ltd. (MUFG) and from U.S. Bancorp Impact Finance, a subsidiary of U.S. Bank that provides capital to the renewable energy industry via tax equity and project finance debt.

    “MUFG is pleased to partner with AOP as it deploys the energy storage resources needed to facilitate the effective and reliable integration of renewable resources into the electric system,” said Phillip Fletcher, Director, Project Finance at MUFG.

    “Our investment in the Caballero BESS project is one way we can support our clients with custom financing solutions,” said Jon Peeples, Environmental Finance Business Development Director at U.S. Bancorp Impact Finance. “We’re proud to support Fengate and AOP in their work to expand sources of clean energy, strengthen the energy grid, and drive local job creation.”

    About Fengate

    Fengate is a leading alternative investment manager focused on infrastructure, private equity and real estate strategies, with more than $7 billion of capital commitments under management. The firm has been investing in infrastructure since 2006 with a focus on mid- market greenfield and brownfield infrastructure assets in the transportation, social, energy transition and digital sectors. Fengate is one of North America’s most active infrastructure investors and developers with a portfolio of more than 50 assets. Learn more at www.fengate.com.

    About Alpha Omega Power

    We are innovators focused on utility-scale battery storage, enhancing grid reliability, supporting renewable energy integration for a cleaner, sustainable energy future. AOP develops, acquires, builds, and operates BESS assets in the United States focusing on investment discipline and technological excellence. AOP currently holds a portfolio of over 2GW of BESS projects across key markets and partners with the nation’s top Load Serving Entities to deliver “Reliability, Stored.”

    Media contact

    Maddison Sharples
    Vice President, Communications and Marketing
    Fengate Asset Management
    +1 416-254-3326
    Maddison.Sharples@fengate.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c0d84e7c-908c-464f-84d5-1bca7ec1d02e

    The MIL Network

  • MIL-OSI United Kingdom: Global offshore wind conference 2025: keynote speech by Ed Miliband

    Source: United Kingdom – Executive Government & Departments

    Speech

    Global offshore wind conference 2025: keynote speech by Ed Miliband

    Secretary of State for Energy Security and Net Zero, Ed Miliband, speaks at the RenewableUK conference.

    Thank you, Jane [Cooper]. I just want to say how brilliant it is to be here today, it’s a real privilege. I read my old speech from a year ago, about 15 days before the general election, and it holds up reasonably well to history.

    I felt an incredible sense of excitement back then about having a chance to be Secretary of State, and today I feel an incredible sense of privilege. One of the reasons I feel that sense of privilege is because of all of you, because of the incredibly inspiring things you are doing for energy security, for jobs, around the country, and to tackle the climate crisis.

    I also want to pay tribute to Jane, you are doing an absolutely brilliant job championing this industry – you and the RenewableUK team are truly outstanding.

    Can I say at the same time we are delighted to have secured our superstar signing Dan McGrail as interim CEO of Great British Energy – it’s fantastic to have him and Juergen Maier both here, as well as my colleague Michael Shanks, Minister for Energy who many of you will have met and is doing an absolutely brilliant job, and it’s a privilege to work alongside.

    As I walked into the conference today and saw the banner ‘Mission: Possible’, I felt a real sense of excitement.

    Because when I look around the exhibition hall and this room, I feel that overwhelming sense of possibility, as the slogan suggests.

    Huge economic and industrial opportunities for Britain, huge chances to transform our country. Challenges of course, but as I say I am incredibly proud of this industry, and for 5 years we have worked together on a shared agenda.

    For energy security, lower bills, good jobs and climate.

    I think it is an inspiring and exciting vision of a new era of clean energy abundance for Britain, getting off the rollercoaster of fossil fuels – and we’re reminded by geo-political events all the time how important that is.

    And at the Spending Review last week we committed to the most significant programme of investment in homegrown clean energy in the UK’s history.

    On Tuesday, we announced the biggest nuclear building programme in a generation, creating jobs in Suffolk, Nottinghamshire and across the UK.

    On Thursday, investment in kickstarting carbon capture in Aberdeenshire and the Humber.

    On Friday, half a billion pounds of funding for Britain’s first hydrogen network to help drive industrial renewal.

    And today we go further with a genuinely transformative package of investment in offshore wind supply chains and jobs.

    I truly believe we are witnessing the coming of age of Britain’s green industrial revolution as we build this new era.

    I think it demonstrates above all what an active and strategic government working in the closest partnership with industry can achieve.

    So I want to talk today about the clarity of mission we’re seeking to provide, the way we’re breaking down the barriers to success – barriers you talked a lot with us about when in opposition – the role of catalytic public investment – which is partly about the announcement I’m making today – and then a bit about what I would ask from you as an industry.

    First, I know it has been a tough time for the industry.

    Offshore wind is not immune from the global economic challenges we have seen in the last few years, many of which remain present today.

    My response and my responsibility is to ensure that you have the clarity and certainty you need to make future investment decisions, because I know the biggest enemy of investment is uncertainty.

    We want Britain to be a safe haven for investment.

    That is why from day one we have offered a clear sense of direction, with our goals to deliver clean power by 2030 and accelerate to net zero across the economy.

    Just 6 months after we came to office we published our 2030 Clean Power Action Plan.

    Setting out for the first time the different pathways for deployment of different technologies.

    Offshore wind, onshore wind, solar, nuclear, batteries, hydrogen, CCUS.

    To give developers and investors clarity about the direction of travel.

    When we came to office we also took decisions around AR6 to make it a record-breaking auction.

    But we have also listened hard to the industry about how we can improve the auction process – particularly for fixed and floating offshore wind.

    And we will shortly confirm key decisions for the AR7 auction. I want to say to you very clearly, as far as that decision is concerned and all other decisions, my overriding priority is to give you confidence and certainty because I know these are essential ingredients for you to make the long-term investments we need.

    Second, for years clean energy projects have been held back by barriers and blockages.

    You told us we needed to deal with them.

    So over the last 11 months, that’s what we have gone about doing.

    On planning, we lifted the onshore wind ban within 72 hours of coming to office.

    We’ve introduced the Planning and Infrastructure Bill – the biggest reform of planning in a generation.

    And we’ve sped up planning decisions, including consenting enough clean energy to power the equivalent of almost 2 million homes.

    On grid, we’ve ended the first come first served connections queue which wasn’t serving our country well, prioritising the power projects we need.

    And we’ve brought forward plans to ensure communities benefit from hosting clean energy infrastructure.

    We’re also working with Defra on improving environmental consenting.

    On radar, we’ve worked with the Ministry of Defence to resolve funding issues that have plagued this sector for years.

    On skills, we’ve backed industry’s skills passport for oil and gas workers.

    And set up the Office for Clean Energy Jobs to ensure we have the skilled workforce we need and to do that planning with our colleagues at the Department for Education.

    In addressing these long-standing issues, we are trying to break down those barriers, which again get in the way of your investment and try to make progress step by step and demonstrating each day what a mission driven government means.

    My observation from the first 11 months in office is having this as one of the Prime Minister’s 5 missions makes all the difference in driving through Whitehall and working with others.

    Third, alongside clarity, certainty and breaking down the barriers we are delivering catalytic public investment to secure jobs and supply chains as part of our long-term industrial strategy.

    This is the right choice for Britain because we want those jobs, it’s also the right choice for our energy security and resilience – and the right long-term way I believe to deal with some of the pressures the industry faces.

    I think it’s fair to say we know that for too long governments have not focused enough on ensuring our success in offshore wind generation leads to the jobs our country needs.

    This government is different.

    There is a global race for these jobs, and we are determined to create them in Britain.

    You told us public investment could unlock funding from the private sector – and you’re right.

    With Great British Energy that is what we are committed to do.

    And today we are announcing a truly historic partnership between public and private investors.

    Hundreds of millions of public funding from Great British Energy crowding in many hundreds of millions more from the offshore wind industry and The Crown Estate.

    Enabling us to today announce a total of £1 billion of supply chain funding to bring offshore wind jobs to Britain.

    It’s designed, this fund, to turbocharge the brilliant work of the sector’s Industrial Growth Plan to invest in ports and factories, so we make turbine towers, blades, foundations and cables here in the UK.

    Helping to drive the clean energy rollout at home and capture a growing export market abroad – including seizing the opportunities of being an early mover in floating offshore wind.

    And this is just the start, with Great British Energy bringing together a wider group of public and private investors to build our offshore wind supply chains and I am incredibly excited about the work that Juergen and Dan are doing at GBE.

    Today I can also confirm we have released the results of the first Clean Industry Bonus round.

    Again here, you told us that the private sector would step up, if we showed the importance of building supply chains here in the UK, and again you were right.

    We were delighted by the response of developers to this scheme.

    Showing that when government leads with ambition, industry is ready to match it.

    We calculate that every pound of public money could unlock up to £17 of private investment.

    The Clean Industry Bonus unleashing the potential of billions of private investment in factories and ports from the North East to East Anglia to Scotland.

    When we talk about catalytic investment, this is what we mean.

    Public investment crowding in, not crowding out, the private capital we need.

    And giving you the confidence to build a long-term industrial base for Britain.

    So look, these are some of the steps we’re taking. Government doesn’t get everything right, but what we are seeking to do is deliver on the promises we made to you in opposition about how we can work together – a true partnership.

    Now often the industry asks me, how can we help you to deliver this mission? Let me just give you a few thoughts on that.

    On jobs, you have a crucial role in reversing decades of failure to invest in our industrial communities and creating a new generation of good jobs at decent wages.

    You have shown your commitment to building supply chains in Britain.

    And my ask of you is to ensure you deliver the 95,000 jobs this industry says it could support in the UK by the end of the decade.

    On trade unions, there is important work on union recognition in some renewables companies.

    But I want to be clear: this government considers trade unions as an essential part of a modern workplace and economy.

    So I ask you to recognise the huge value of partnering with trade unions in all parts of the industry.

    And finally, I would say this:

    I am one of your biggest champions because I know that this mission is the route to building a more secure energy system that can bring down bills for good.

    As we consider the multiple pathways to clean power, my mandate to Chris Stark as head of our 2030 Mission Control, is to deliver at least cost to billpayers and taxpayers and the most economic benefit to the country.

    So in AR7, AR8, AR9 and beyond, value for money for billpayers is our priority, recognising that while the market needs to make a return, we also need to deliver a fair price for consumers.

    Once again, this must be a partnership between us.

    We are doing everything we can, as I have set out, to help the industry continue its strong record in bringing down costs.

    And I urge you to continue to drive forward with innovation and competition to deliver for the country.

    Let me end with this before we get into questions.

    I think over the last 11 months we have shown that Britain is back in the race for the jobs and industries of the future.

    And above all we have shown one thing fundamentally, which is we are serious about delivering. When we said it, we meant it. When we said becoming a clean energy superpower would become one of the Prime Minister’s 5 missions, we meant it. I have my regular meetings with the Prime Minister about this issue and he is incredibly inspired by what you are delivering.

    What we’re seeking to do is have a plan to deliver.

    Clear and consistent leadership.

    Breaking down the barriers.

    Catalytic public investment.

    A true partnership between government, trade unions and industry.

    We believe this is how we build the age of clean energy abundance.

    This is how we boost our energy independence and bring down bills for families and businesses.

    This is how we seize the economic and industrial opportunity of our time.

    And this is how we face up to the greatest long-term challenge we face as a country and as a world, the climate crisis.

    My final thought is this: of course, the industry faces challenges that I am aware of. Nobody believed this was going to be easy, the kind of transformation we are talking about in our economy and in our energy system.

    The thing I feel above all, after 11 months in this role, is more of a sense of optimism about what we can achieve together, more of a sense of optimism that this is the right path for energy security, more of a sense of optimism that this can be the jobs driver of the 21st century for our country.

    Going round the country, there’s nothing more inspiring than seeing those jobs being created and the opportunity for young people doing apprenticeships and being part of this industry.

    I am more certain than ever this is the right path to tackle the biggest long-term threat to humanity, the climate crisis.

    Thank you so much for what you do for our country, thank you so much for your partnership with government.

    And I look forward to continuing to work together to do great things in the months and years ahead.

    Thank you.

    Updates to this page

    Published 24 June 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: New Funding Announced for Abortion Health Care Services

    Source: US State of New York

    n the third anniversary of the Supreme Court’s Dobbs ruling, which ended the constitutional right to an abortion in the United States, Governor Kathy Hochul announced more than $24 million in State grants made to organizations in New York State to fund abortion health care services under the New York State Abortion Access Program. The Program provides financial support to health care providers across New York State ensuring that patients can access safe and supportive abortion services within their communities.

    “Abortion is health care and I will always fight to protect reproductive rights for all New Yorkers and anyone receiving health care in New York,” Governor Hochul said. “As we face anti-choice extremists in leadership who aim to roll back these hard fought for rights, we will always fight to ensure access to reproductive care is protected here in New York and ensure that this state remains a safe harbor for those in need of abortion care.”

    New York State Health Commissioner Dr. James McDonald said, “This funding is critical for clinics across the state to continue offering abortion care and to expand the range of reproductive health services they provide. As other states strip away protections, New York’s commitment to reproductive freedom has never been more important. Thanks to the leadership of Governor Hochul, we will continue ensuring abortion care is affordable, available, and accessible to anyone who needs it.”

    Since taking office Governor Hochul has taken significant steps to expand access to reproductive health care in New York and nationwide. Key actions include:

    • Dedicating hundreds of millions of dollars in funding to support abortion providers and reproductive healthcare statewide, with additional funding in the FY26 Enacted Budget to help providers adapt to current challenges. This includes additional funding for medication abortions and for capital investments that will enable renovations, equipment upgrades, planning and construction to help facilities modernize and secure their operations.
    • Codifying abortion as protected emergency medical care in New York State and requiring hospitals to provide this care, reinforcing access to abortion services when medically necessary.
    • The creation of a standing order that authorized pharmacists to dispense three types of hormonal contraception medication without a prescription, including the Oral hormonal pill, Hormonal vaginal ring and Hormonal contraceptive patches

    Earlier this year, Governor Kathy Hochul signed legislation to strengthen New York’s shield law that protects abortion providers from out-of-state prosecution, allowing medical providers to include only the address of the dispensing health care practice on the prescription label instead of the name of the provider or practice and requires pharmacies to abide by a prescriber’s request to remove their name from the prescription label. This legislation built on a law signed by Governor Hochul in January, days after Louisiana officials attempted to extradite a New York-based doctor who prescribed FDA-approved abortion medication through telehealth.

    Governor Hochul has also signed additional pieces of legislation to bolster reproductive rights across the State, which include:

    In November 2024, voters approved Proposition One, an amendment to the New York Constitution that protects abortion rights and access to reproductive health care. The approved amendment establishes constitutional protections against discrimination based on ethnicity, national origin, age, disability and sex — including sexual orientation, gender identity, gender expression, pregnancy and pregnancy outcomes and reproductive health care and autonomy. These protections are in addition to explicit protections against racial and religious discrimination that were already included in New York’s Constitution. The amendment went into effect on January 1, 2025.

    Abortion access remains safe and accessible for New Yorkers and for those coming from outside of New York State. Medication abortion and in-clinic abortion is also protected in New York. Abortions are legal up to and including 24 weeks of pregnancy. After 24 weeks, individuals can still get an abortion if their health or pregnancy is at risk. Learn more about abortion in New York State by visiting the Know Your Rights website.

    Find a nearby abortion provider here.

    MIL OSI USA News

  • MIL-OSI USA: Governor nominated, R.I. Senate confirmed a new member to the State’s Arts Council

    Source: US State of Rhode Island

    Providence, RI � Governor McKee announced today that the Rhode Island Senate has confirmed the appointment of Steven Boudreau, Cranston, to the Board of the Rhode Island State Council on the Arts. Suzanne Augenstein, Providence, and long-time board member Kara Milner, Bristol, have stepped down from their Council roles.

    “On behalf of Rhode Island, thank you to Suzanne and Kara for their tenure serving the arts community. I am pleased to welcome Steven to the Council.” Governor McKee said. “Commitment to our state’s volunteer arts board is commendable and important to our arts and culture sector, which adds not only to the state’s economy but to the well-being of Rhode Islanders.”

    “The Council is grateful to the Governor and the R.I. Senate for confirming this key addition to the state’s arts council. I want to reiterate my appreciation to Kara and Suzanne for their service to this state’s key community,” said Lawrence Purtill, RISCA’s Chair. “Steven brings expertise and resources, particularly in the field of arts and health, which is gaining momentum nationally. Along with fellow Council members and RISCA staff, he will ensure arts and culture continue to play a role in the daily lives of Rhode Islanders.”

    Steven Boudreau, a public health leader and arts advocate, serves as the Director of Equity and Engagement at the Rhode Island Office of Healthy Aging (OHA). He leads initiatives to promote inclusivity and engagement for older adults. Previously, he was the Chief Administrative Officer and Director of Workforce at the Rhode Island Department of Health (RIDOH), overseeing workforce development, career advancement, and leadership programs for a staff of 650+ public health champions. In addition to joining the Board of RISCA, he is a former Board member for the National Organization for Arts in Health and The Avenue Concept and a member of the 2023 Leadership Rhode Island Core Program. In November of 2024, he earned his certification in Experience Design through Odyssey Works Foundation.

    Boudreau co-founded and co-chairs the Rhode Island Arts and Health Network, a collaboration with RISCA. This network evolved from the 2016 Rhode Island State Arts and Health Advisory Group. Their work culminated in the 2019 Rhode Island State Arts and Health Plan, a roadmap for integrating arts and creative therapies into healthcare and community settings. He has been instrumental in developing the R.I. Public Health Artist in Residence Program, embedding artists within public health agencies to address issues like behavioral health, addiction, community voice, asthma control, and refugee health through creative community engagement with artists.

    MIL OSI USA News

  • MIL-OSI: WhatsitAI Surpasses 50K Users Identifying, Valuing & Listing items for Sale

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, June 24, 2025 (GLOBE NEWSWIRE) — WhatsitAI, the AI-powered mobile app that helps users instantly identify and value secondhand items, has surpassed 50,000 downloads since launch just a few months ago, and continues to grow rapidly. With tens of thousands of weekly scans and a 50% organic growth rate, the platform is proving itself as a go-to tool for thrifters, flippers, and anyone curious about the value of everyday items.

    Described by users as “Shazam for stuff,” WhatsitAI lets users snap a photo of an item, whether it’s from a yard sale, thrift store, attic, or estate, and immediately see what it is, what it’s worth, and where similar items are being sold online. The app aggregates and analyzes data from major resale marketplaces to provide real-time pricing estimates and marketplace listings.

    “We’re turning curiosity into confidence,” said founder and CEO Don Milley. “People love that they can finally make informed decisions, whether they’re flipping for profit or just wondering what’s sitting in their garage. We have families going on weekend treasure hunts, power thrifters using it to make hundreds of dollars a week, and grandparents wondering what the item on their mantle is worth, and more.”

    The base version of WhatsitAI is free, with more scans and features available with subscription. The app was recently selected by Google for its High Performer Program, and Milley was named one of Microsoft MSN’s Top 10 AI Entrepreneurs Making an Impact in 2025.

    With the U.S. secondhand economy exceeding $175 billion annually, WhatsitAI is carving out a unique position at the intersection of AI, resale, and everyday discovery.

    About WhatsitAI
    WhatsitAI is your ultimate tool for identifying, valuing, and listing items in one seamless app. Our AI-powered solution revolutionizes the secondhand market, helping you make better-informed decisions and uncover hidden gems. Plus, we provide links to where similar items are sold so you can confirm prices or find better deals.

    Whether you’re buying, selling, or just curious, get real-time insights with WhatsitAI and never miss a valuable find! Learn more or download the app now at https://whatsit.ai.

    Press Contact:
    Don Milley – Marketing@Whatsit.AI

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b9cfd6c4-7466-476c-8219-ddaa023cf87d

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9499bbf3-ae3a-48f9-89b1-f7f123450eaf

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2cd31728-5c05-4201-9592-ab0242780a96

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a21c48f3-afa8-4000-b3f5-6977255a8382

    The MIL Network

  • MIL-OSI: WhatsitAI Surpasses 50K Users Identifying, Valuing & Listing items for Sale

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, June 24, 2025 (GLOBE NEWSWIRE) — WhatsitAI, the AI-powered mobile app that helps users instantly identify and value secondhand items, has surpassed 50,000 downloads since launch just a few months ago, and continues to grow rapidly. With tens of thousands of weekly scans and a 50% organic growth rate, the platform is proving itself as a go-to tool for thrifters, flippers, and anyone curious about the value of everyday items.

    Described by users as “Shazam for stuff,” WhatsitAI lets users snap a photo of an item, whether it’s from a yard sale, thrift store, attic, or estate, and immediately see what it is, what it’s worth, and where similar items are being sold online. The app aggregates and analyzes data from major resale marketplaces to provide real-time pricing estimates and marketplace listings.

    “We’re turning curiosity into confidence,” said founder and CEO Don Milley. “People love that they can finally make informed decisions, whether they’re flipping for profit or just wondering what’s sitting in their garage. We have families going on weekend treasure hunts, power thrifters using it to make hundreds of dollars a week, and grandparents wondering what the item on their mantle is worth, and more.”

    The base version of WhatsitAI is free, with more scans and features available with subscription. The app was recently selected by Google for its High Performer Program, and Milley was named one of Microsoft MSN’s Top 10 AI Entrepreneurs Making an Impact in 2025.

    With the U.S. secondhand economy exceeding $175 billion annually, WhatsitAI is carving out a unique position at the intersection of AI, resale, and everyday discovery.

    About WhatsitAI
    WhatsitAI is your ultimate tool for identifying, valuing, and listing items in one seamless app. Our AI-powered solution revolutionizes the secondhand market, helping you make better-informed decisions and uncover hidden gems. Plus, we provide links to where similar items are sold so you can confirm prices or find better deals.

    Whether you’re buying, selling, or just curious, get real-time insights with WhatsitAI and never miss a valuable find! Learn more or download the app now at https://whatsit.ai.

    Press Contact:
    Don Milley – Marketing@Whatsit.AI

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b9cfd6c4-7466-476c-8219-ddaa023cf87d

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9499bbf3-ae3a-48f9-89b1-f7f123450eaf

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2cd31728-5c05-4201-9592-ab0242780a96

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a21c48f3-afa8-4000-b3f5-6977255a8382

    The MIL Network

  • MIL-OSI: WhatsitAI Surpasses 50K Users Identifying, Valuing & Listing items for Sale

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, June 24, 2025 (GLOBE NEWSWIRE) — WhatsitAI, the AI-powered mobile app that helps users instantly identify and value secondhand items, has surpassed 50,000 downloads since launch just a few months ago, and continues to grow rapidly. With tens of thousands of weekly scans and a 50% organic growth rate, the platform is proving itself as a go-to tool for thrifters, flippers, and anyone curious about the value of everyday items.

    Described by users as “Shazam for stuff,” WhatsitAI lets users snap a photo of an item, whether it’s from a yard sale, thrift store, attic, or estate, and immediately see what it is, what it’s worth, and where similar items are being sold online. The app aggregates and analyzes data from major resale marketplaces to provide real-time pricing estimates and marketplace listings.

    “We’re turning curiosity into confidence,” said founder and CEO Don Milley. “People love that they can finally make informed decisions, whether they’re flipping for profit or just wondering what’s sitting in their garage. We have families going on weekend treasure hunts, power thrifters using it to make hundreds of dollars a week, and grandparents wondering what the item on their mantle is worth, and more.”

    The base version of WhatsitAI is free, with more scans and features available with subscription. The app was recently selected by Google for its High Performer Program, and Milley was named one of Microsoft MSN’s Top 10 AI Entrepreneurs Making an Impact in 2025.

    With the U.S. secondhand economy exceeding $175 billion annually, WhatsitAI is carving out a unique position at the intersection of AI, resale, and everyday discovery.

    About WhatsitAI
    WhatsitAI is your ultimate tool for identifying, valuing, and listing items in one seamless app. Our AI-powered solution revolutionizes the secondhand market, helping you make better-informed decisions and uncover hidden gems. Plus, we provide links to where similar items are sold so you can confirm prices or find better deals.

    Whether you’re buying, selling, or just curious, get real-time insights with WhatsitAI and never miss a valuable find! Learn more or download the app now at https://whatsit.ai.

    Press Contact:
    Don Milley – Marketing@Whatsit.AI

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b9cfd6c4-7466-476c-8219-ddaa023cf87d

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9499bbf3-ae3a-48f9-89b1-f7f123450eaf

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2cd31728-5c05-4201-9592-ab0242780a96

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a21c48f3-afa8-4000-b3f5-6977255a8382

    The MIL Network

  • MIL-OSI: WhatsitAI Surpasses 50K Users Identifying, Valuing & Listing items for Sale

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, June 24, 2025 (GLOBE NEWSWIRE) — WhatsitAI, the AI-powered mobile app that helps users instantly identify and value secondhand items, has surpassed 50,000 downloads since launch just a few months ago, and continues to grow rapidly. With tens of thousands of weekly scans and a 50% organic growth rate, the platform is proving itself as a go-to tool for thrifters, flippers, and anyone curious about the value of everyday items.

    Described by users as “Shazam for stuff,” WhatsitAI lets users snap a photo of an item, whether it’s from a yard sale, thrift store, attic, or estate, and immediately see what it is, what it’s worth, and where similar items are being sold online. The app aggregates and analyzes data from major resale marketplaces to provide real-time pricing estimates and marketplace listings.

    “We’re turning curiosity into confidence,” said founder and CEO Don Milley. “People love that they can finally make informed decisions, whether they’re flipping for profit or just wondering what’s sitting in their garage. We have families going on weekend treasure hunts, power thrifters using it to make hundreds of dollars a week, and grandparents wondering what the item on their mantle is worth, and more.”

    The base version of WhatsitAI is free, with more scans and features available with subscription. The app was recently selected by Google for its High Performer Program, and Milley was named one of Microsoft MSN’s Top 10 AI Entrepreneurs Making an Impact in 2025.

    With the U.S. secondhand economy exceeding $175 billion annually, WhatsitAI is carving out a unique position at the intersection of AI, resale, and everyday discovery.

    About WhatsitAI
    WhatsitAI is your ultimate tool for identifying, valuing, and listing items in one seamless app. Our AI-powered solution revolutionizes the secondhand market, helping you make better-informed decisions and uncover hidden gems. Plus, we provide links to where similar items are sold so you can confirm prices or find better deals.

    Whether you’re buying, selling, or just curious, get real-time insights with WhatsitAI and never miss a valuable find! Learn more or download the app now at https://whatsit.ai.

    Press Contact:
    Don Milley – Marketing@Whatsit.AI

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b9cfd6c4-7466-476c-8219-ddaa023cf87d

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9499bbf3-ae3a-48f9-89b1-f7f123450eaf

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2cd31728-5c05-4201-9592-ab0242780a96

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a21c48f3-afa8-4000-b3f5-6977255a8382

    The MIL Network

  • MIL-OSI: Talkdesk Travel and Hospitality Experience Clouds enable first-class, personalized service across the entire guest journey, increasing customer satisfaction and loyalty

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 24, 2025 (GLOBE NEWSWIRE) — Talkdesk®, Inc. today announced the launches of Talkdesk Travel Experience Cloud™ and Talkdesk Hospitality Experience Cloud™. These new customer experience (CX) solutions enable providers to deliver digital-first support powered by agentless artificial intelligence (AI). The result is smoother operations, higher traveler and guest satisfaction, and stronger loyalty.

    “Modern travelers don’t just expect fast, personal support—they demand it,” said Tiago Paiva, chief executive officer and founder of Talkdesk. “These new Experience Clouds give travel and hospitality brands the power to deliver instant, AI-driven service that keeps up with the pace of the journey—from booking to baggage claim, check-in to check-out. This is automation built for the chaos, urgency, and complexity of modern CX.”

    According to the U.S. Department of Transportation, nearly a quarter (22%) of flights in 2024 were delayed. Frequent travel disruptions, coupled with a growing preference for contactless experiences, have led to a shift in traveler expectations. With the majority of travelers now preferring contactless check-in and check-out, payments, and mobile guest services at hotels, the stakes have never been higher for travel and hospitality brands to deliver seamless, digital-first service.

    With the new Talkdesk Experience Clouds offering low-code tools and pre-built integration gateways for fast and deep connection to industry systems—such as property management systems (PMS), customer relationship management (CRM) platforms, and loyalty tools—travel and hospitality teams can quickly launch new, personalized support services, accelerating time to value and reducing IT lift.

    The Talkdesk Travel Experience Cloud and Talkdesk Hospitality Experience Cloud include Talkdesk’s powerful Customer Experience Automation (CXA) platform at their core, purpose-built to help travel and hospitality companies overcome industry challenges and meet evolving customer expectations. With multi-agent orchestration, Talkdesk CXA deploys a network of specialized AI agents—each with a clear role, shared context, and the ability to collaborate in real time. This enables coordinated, autonomous resolution of complex business problems with speed, scale, and impact, without sacrificing the personal touch travelers and guests expect.

    Talkdesk Hospitality Experience Cloud transforms the guest experience by enabling personalized, proactive service across every interaction. Whether it’s securing a reservation, fulfilling housekeeping or room service requests, or offering tailored local recommendations, the platform connects with industry systems for a 360-degree view of each guest. It delivers goal-driven, digital-first support that keeps guests engaged and satisfied.

    Talkdesk Travel Experience Cloud integrates with core industry systems to deliver frictionless support across the passenger’s preferred channel. From managing itineraries (including seat changes and upgrades) to proactively booking flights (due to delayed or cancelled flights) or sending travel notifications about gate changes and baggage claim assignments, the solution is trained to automate common, high-volume queries, demonstrate sensitivity, and empower virtual and live agents with real-time customer context for personalized responses. The customer doesn’t have to hear “please hold, your call is important to us” during high-stress situations; instead, they get fast, empathetic, and proactive resolutions.

    The Talkdesk Experience Clouds are:

    • Contextually aware. They understand the stage of the journey a passenger or guest is at, their preferences, and loyalty status.
    • Proactive. They anticipate disruptions or needs with AI-driven alerts, provide personalized recommendations, offers, and itineraries based on individual needs and preferences.
    • Omnichannel-ready. They interact with guests and passengers on their channel of choice: voice, chat, short message service (SMS), mobile, and social—providing continuity and context across all channels.
    • Empathetic and adaptive. They respond to urgent and high-stress situations for customers, such as flight cancellations or late arrivals, in both virtual and live agent interactions.
    • Compliant by design. They are designed to support privacy regulations such as the California Consumer Privacy Act (CCPA) and the General Data Protection Regulation (GDPR).
    • Multilingual. Agents can communicate naturally with customers in any language without the need for external translation tools. Language is no longer a limitation; agents can engage and support customers worldwide.

    Talkdesk is transforming the customer experience for travel and hospitality brands worldwide, including ASSA ABLOY Global Solutions Hospitality, Hawaiian Airlines, HotelTonight, Indie Campers, Live! Casino Hotel, and Travelopia.

    Today’s announcement marks the latest Talkdesk innovation, further deepening its advanced AI offerings for key industries. Over the past year, new generative (GenAI) and agentic AI-powered applications have been added to support industry-specific customer self-service (e.g., Talkdesk Autopilot™ and Talkdesk AI Agents for retail, banking, healthcare, and utilities).

    About Talkdesk

    Talkdesk® is leading a new era in customer experience with Customer Experience Automation (CXA)—a new category and platform designed to automate the full complexity of modern customer journeys. CXA replaces fragmented, human-coordinated workflows with autonomous, multi-agent AI orchestration that delivers intelligent, scalable, and outcome-focused service across the entire CX lifecycle.

    At the core of CXA is the Talkdesk Data Cloud, which turns transcripts, call recordings, case notes, and customer records from across CRMs and systems of record into real-time, actionable knowledge. This enables AI agents to operate with full context, collaborating seamlessly to resolve complex customer problems with speed, precision, and adaptability.

    Talkdesk CXA supports both cross-industry workflows and industry-specialized use cases in sectors like healthcare, financial services, retail, utilities, travel, and government. With prebuilt AI agents, a virtuous automation cycle (Discover, Build, Orchestrate, Measure), and rapid time-to-value, Talkdesk helps enterprises modernize customer experience without the need for a full rip-and-replace.

    Trusted by global brands and recognized for continuous innovation, Talkdesk empowers organizations to grow revenue, reduce costs, and transform service delivery through coordinated, AI-driven automation. Companies that love their customers use Talkdesk.

    Talkdesk is a registered trademark of Talkdesk, Inc. All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

    Media Contact:

    Talkdesk Public Relations

    pr@talkdesk.com

    The MIL Network

  • MIL-OSI: Proceedings of the extraordinary general meeting of Spar Nord Bank A/S

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 22

            

    Proceedings of the extraordinary general meeting of Spar Nord Bank A/S and changes to the Executive Board

    At the extraordinary general meeting held on 24 June 2025, the following resolutions were passed:

    • Election of members to the Board of Directors
    • Dismissal of the auditor and election of a new auditor
    • Amendments to the Articles of Association

    Election of members to the Board of Directors
    All existing members of the Board of Directors elected by the general meeting resigned from the Board of Directors. Michael Rasmussen, Anders Jensen, Tonny Thierry Andersen, Pernille Sindby, and David Hellemann were elected as new members of the Board of Directors. The Board of Directors also consists of the following employee representatives: Jannie Merete Thorsø Skovsen, Gitte Holmgaard Sørensen, and Rikke Marie Jacobsen Christiansen.

    At the subsequent Board meeting, the Board of Directors constituted itself with Michael Rasmussen as Chairman and Anders Jensen as Vice Chairman.

    Removal of the auditor and election of a new auditor
    It was resolved to remove the company’s auditor, Deloitte Statsautoriseret Revisionspartnerselskab, and EY Godkendt Revisionspartnerselskab was elected as the new auditor to audit the company’s annual financial statements and to issue a statement on the company’s sustainability reporting.

    Amendments to the Articles of Association
    It was resolved to amend the company’s Articles of Association in accordance with the proposal set out in the notice convening the meeting dated 2 June 2025.

    Changes to the Executive Board
    At the subsequent Board meeting, the Board of Directors appointed Søren Kviesgaard and Dan Erik Krarup Sørensen to the company’s Executive Board, while Lasse Nyby and John Lundsgaard resigned from the Executive Board. The Executive Board also consists of Martin Kudsk Rasmussen and Carsten Levring Jakobsen.

    Søren Kviesgaard holds an MSc (Business Administration and Auditing) from Aarhus School of Business and is a state-authorized public accountant. He joined the Nykredit Group in 2016 from a position as partner at PwC and has since held the position of Executive Vice President of Corporates & Institutions. He was previously Senior Executive Director of FIH Erhvervsbank. Søren has been a member of the Executive Board of Nykredit Bank A/S since 2023.

    Dan Erik Krarup Sørensen holds a PhD in Mathematics from the Technical University of Denmark and a Graduate Diploma in Finance from Copenhagen Business School. He joined the Nykredit Group in 1997 from a position as assistant professor of mathematics at the Technical University of Denmark and has, among other positions, been Vice Executive Director with responsibility for risk management, capital and regulatory affairs. Dan has been a member of the Executive Board of Nykredit Bank A/S since 2015.

    Spar Nord
    Martin Bach
    SVP Corporate Communication

    Attachment

    The MIL Network

  • MIL-OSI: Proceedings of the extraordinary general meeting of Spar Nord Bank A/S

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 22

            

    Proceedings of the extraordinary general meeting of Spar Nord Bank A/S and changes to the Executive Board

    At the extraordinary general meeting held on 24 June 2025, the following resolutions were passed:

    • Election of members to the Board of Directors
    • Dismissal of the auditor and election of a new auditor
    • Amendments to the Articles of Association

    Election of members to the Board of Directors
    All existing members of the Board of Directors elected by the general meeting resigned from the Board of Directors. Michael Rasmussen, Anders Jensen, Tonny Thierry Andersen, Pernille Sindby, and David Hellemann were elected as new members of the Board of Directors. The Board of Directors also consists of the following employee representatives: Jannie Merete Thorsø Skovsen, Gitte Holmgaard Sørensen, and Rikke Marie Jacobsen Christiansen.

    At the subsequent Board meeting, the Board of Directors constituted itself with Michael Rasmussen as Chairman and Anders Jensen as Vice Chairman.

    Removal of the auditor and election of a new auditor
    It was resolved to remove the company’s auditor, Deloitte Statsautoriseret Revisionspartnerselskab, and EY Godkendt Revisionspartnerselskab was elected as the new auditor to audit the company’s annual financial statements and to issue a statement on the company’s sustainability reporting.

    Amendments to the Articles of Association
    It was resolved to amend the company’s Articles of Association in accordance with the proposal set out in the notice convening the meeting dated 2 June 2025.

    Changes to the Executive Board
    At the subsequent Board meeting, the Board of Directors appointed Søren Kviesgaard and Dan Erik Krarup Sørensen to the company’s Executive Board, while Lasse Nyby and John Lundsgaard resigned from the Executive Board. The Executive Board also consists of Martin Kudsk Rasmussen and Carsten Levring Jakobsen.

    Søren Kviesgaard holds an MSc (Business Administration and Auditing) from Aarhus School of Business and is a state-authorized public accountant. He joined the Nykredit Group in 2016 from a position as partner at PwC and has since held the position of Executive Vice President of Corporates & Institutions. He was previously Senior Executive Director of FIH Erhvervsbank. Søren has been a member of the Executive Board of Nykredit Bank A/S since 2023.

    Dan Erik Krarup Sørensen holds a PhD in Mathematics from the Technical University of Denmark and a Graduate Diploma in Finance from Copenhagen Business School. He joined the Nykredit Group in 1997 from a position as assistant professor of mathematics at the Technical University of Denmark and has, among other positions, been Vice Executive Director with responsibility for risk management, capital and regulatory affairs. Dan has been a member of the Executive Board of Nykredit Bank A/S since 2015.

    Spar Nord
    Martin Bach
    SVP Corporate Communication

    Attachment

    The MIL Network

  • MIL-OSI Africa: Fewer babies in Botswana acquire Human Immunodeficiency Virus (HIV) thanks to dedicated push to eliminate mother to child transmission


    Download logo

    Eliminating mother to child transmission of HIV is possible. And Botswana is celebrating becoming the first country in Africa – and the first country with a high burden of HIV – to be awarded a Gold Tier status by the World Health Organization (WHO), for its efforts to eliminate vertical transmission of HIV completely.

    This is a huge accomplishment for a country with one of the most severe HIV epidemics in the world, which in 1999 had an estimated HIV prevalence among adults as high as 30%.

    Women living with HIV who do not receive antiretroviral (ARV) medicine have a 15–45% chance of transmitting the virus to their children during pregnancy, labour, delivery or breastfeeding. That risk drops to less than 5% if treatment is given to both mothers and children throughout the stages when transmission can occur.

    According to UNAIDS’ Spectrum report 2024, around 360,000 people are currently living with HIV in Botswana, with 98% of pregnant women living with HIV receiving treatment. Vertical transmission has dropped to just 1.2%, resulting in fewer than 100 infants being born with HIV in 2023. The goal is to reach zero.

    The Path to an HIV-free Botswana

    The Triple Elimination Initiative, led by WHO, in close collaboration with UNICEF and UNAIDS, aims to halt vertical transmission of HIV, syphilis, and hepatitis B, by encouraging countries to integrate services to improve the health of mothers and children. In May 2025, Botswana’s Gold Tier status on the Path to Elimination of HIV, was unanimously agreed by the global validation committee, which assesses programme interventions, laboratory services, engagement of Civil Society Organisations and evaluates data against a set of elimination criteria.

    The attainment of ‘Gold tier’ status by Botswana can be attributed to several high impact initiatives:

    • Pioneering interventions over the years, such as the early adoption of Option B+ (lifelong treatment for all pregnant and breastfeeding women with HIV), free antiretroviral therapy for all, including non-citizens since 2019, and decentralisation of services through District Health Management Teams.

    • Digitising data collection systems with the Open Medical Record System (Open-MRS);

    • Championing the empowerment of community health workers (CHWs) through increased training;

    • Strong government leadership, including committing domestic resources.

    • Embracing the crucial importance of Civil Society Organisations, which engage communities in reducing stigma and violence, testing partners and encouraging adherence to PrEP (pre-exposure prophylaxis) and treatment;

    Support from 2gether 4 SRHR

    2gether 4 SRHR is a joint UN Regional Programme, in partnership with Sweden, which brings together the combined efforts of UNAIDS, UNFPA, UNICEF and WHO to improve the sexual and reproductive health and rights (SRHR) of all people in Eastern and Southern Africa.

    The regional validation secretariat of the Triple Elimination Initiative includes the same UN agencies, which continue to support Botswana through its validation process, with funding support from 2gether 4 SRHR. In phase one of the programme (2018-2023), Botswana was supported as the first country globally to apply for the Path to Elimination of HIV. To meet these rigorous data requirements, 2gether 4 SRHR established a data mentorship programme, aiming to build the capacity of Ministries of Health across the region, to analyse and use data to prove progress on the path to elimination of vertical transmission of HIV, syphilis and hepatitis B.

    Countries including Botswana also received financial support from 2gether 4 SRHR to develop HIV Prevention Roadmaps. These evidence-based, people-centred, HIV prevention plans focus on reducing new infections and ensuring long-term sustainability of prevention programming which can withstand funding shocks.

    Botswana was also one of ten countries to develop action plans to engage men in HIV prevention and leveraged the existing “Brothers Arise” #Nanogang campaign, to work with men to increase their uptake of HIV services and create male friendly platforms to discuss norms. In consultation with the Ministry of Health, a guide for best practice services for men and boys is now in use.

    This major milestone should be celebrated not only in Botswana, but across the Region. With 2.6 million new HIV infections in children averted since 2010, the 57% decline in new HIV infections among children in Eastern and Southern Africa is one of the top global public health achievements in decades. Botswana demonstrates that an AIDS-free generation is possible.

    Distributed by APO Group on behalf of UNFPA – East and Southern Africa.

    MIL OSI Africa

  • MIL-OSI China: Regular Press Briefing of the Ministry of National Defense on June 13, 2025 2025-06-24 On the afternoon of June 13, 2025, Senior Colonel Jiang Bin, Deputy Director-General of the Information Office of China’s Ministry of National Defense (MND) and Spokesperson for the MND, answered recent media queries concerning the military.

    Source: People’s Republic of China – Ministry of National Defense

    On the afternoon of June 13, 2025, Senior Colonel Jiang Bin, Deputy Director-General of the Information Office of China’s Ministry of National Defense (MND) and Spokesperson for the MND, answered recent media queries concerning the military.

    On the afternoon of June 13, 2025, Senior Colonel Jiang Bin, Deputy Director-General of the Information Office of China’s Ministry of National Defense (MND) and Spokesperson for the MND, answers recent media queries concerning the military. (Photo by Sun Yue)

    (The following English text is for reference. In case of any divergence of interpretation, the Chinese text shall prevail.)

    Jiang Bin: First, I would like to announce two pieces of information.

    First, the third China-ASEAN Defense Think Tank Exchange will be held in Guiyang from June 18 to 20. Themed on “Jointly Promote Regional Peace and Build a Safe and Secure Home”, the Exchange focuses on topics such as innovation in China-ASEAN defense cooperation, maritime security cooperation, and crisis management, providing insights and suggestions for building a closer China-ASEAN community with a shared future. Defense policy officials, experts and scholars, as well as think tank representatives from China, ASEAN countries, and Timor-Leste will attend the event.

    Second, the People’s Liberation Army Air Force (PLAAF) will start recruiting the 14th batch of female pilot cadets among high school graduates across 31 provinces (autonomous regions and municipalities) from June 2025. The selection process will be conducted in two stages: preliminary selection and final selection. Female candidates with excellent National College Entrance Examination scores and outstanding flight potential will have the opportunity to be admitted bythe “joint degree programs”, allowing them to study both at the PLAAF academies and at Peking University, Tsinghua University, or Beihang University. We welcome more aspiring young women to apply for recruitment and join the PLAAF, a force full of honour and dreams. For more details, please visit the official website of the Pilot Selection Bureau of PLA Air Force at www.kjzfw.mil.cn.

    Journalist: It is reported that President Xi Jinping recently had a phone call with US President Donald Trump at the request of the latter. President Xi pointed out that the two sides should enhance exchanges in the fields of diplomacy, economy and trade, military affairs, and law enforcement. What are your expectations on China-US mil-to-mil relations?

    Jiang Bin: China upholds the principle of mutual respect, peaceful coexistence and win-win cooperation, and stays committed to promoting the stable, sound, and sustainable development of China-US military-to-military relations. It is hopedthat the US side stop hyping up the so-called “China threat”, earnestly respect China’s core interests and major concerns, work with China towards the same direction to strengthen communication and dialogue, properly manage differences, and enhance mutual understanding and mutual trust, so as to jointly improve and develop relations between the two militaries.

    Journalist: It is reported that the 2025 military academy enrollment plan for high school graduates has recently been released, which has attracted wide public attention. Could you elaborate on the new features and changes in this year’s enrollment plan?

    Jiang Bin: In line with Xi Jinping Thought on Strengthening the Military, the 2025 enrollment work of military academies fully implements the overarching plan for deepening the reform of military academies, focuses on the core needs of combat readiness, and integrates the needs for cultivating high-calibre military talents and developing academic disciplines.The number of high schoolgraduates that the military academies plan to admit this year is basically the same as last year.

    There are four changes in this year’s recruitment. First,there has been a change in the number of enrolling academies, which has been reduced from 27 to 22, so that the military talent cultivation systembecomes more efficient and streamlined. The PLA Army (PLAA) Special Operations Academy, the PLAA Academy of Border and Coastal Defense, the Special Police College of the People’s Armed Police (PAP), and the PAP Coast Guard College will no longer directly enroll high school graduates. Instead, they will enroll students from other PLAA and PAP academies to continue their specialized military training. Second, the method ofcadet cultivation has been changed. In their enrollment plans, the military academies will no longer make the distinction between “commanding” and “non-commanding” categories. The removal of such a distinction and the resulting clarification of cultivation goals will facilitate the students to have a clearer career plan from the outset. Third, military academy graduates are allowed to directly apply for a master’s degree. Starting from 2025, allmilitary academy graduates will have the opportunity to directly apply for master’s programs in related fields, providing more diverse career paths for cadets. Fourth, a special operations talent selection program has been established. Whiling studying in military academies, those who aspire to join the special operations forces will havethe opportunity to participate in a selection program and receive professional and elite training in special operations.

    Military academies are the cradle for cultivating military talents. What’s more important is that they provide a broad stage for young students to pursue their dreams of serving the country. Here, you will be educated with cutting-edge military science and technology, grow alongside like-minded comrades, and forge an iron will and a strong team spirit. In the journey to make our armed forces strong, opportunities awaits you here. We warmly welcome young aspirants to actively apply for military academies, so as to write a magnificent chapter on strengthening the nation and the military with your passion and youth.

    Journalist: The Japanese Ministry of Defense recently stated that two Chinese aircraft carriers operated simultaneously in the Pacific for the first time, and that carrier-based aircraft came “unusually close” to Japanese Self-Defense Force aircraft. What’s your comment?

    Jiang Bin: Recently, the task groups of the PLA Navy’s aircraft carriers Liaoning and Shandong conducted routine training in the West Pacific. During the training, Japanese vessels and aircraft repeatedly made close-in provocations, and even deliberately created maritime and air securityrisks. We are strongly dissatisfied and has lodged solemn representations with the Japanese side.

    The Chinese aircraft carrier task groups conducted training activities on the high seas, which did not target any specific country or objective, and was in full compliance with international law and international practices. The Chinese side,in response to the Japanese vessels and aircraft’s forcible entryinto the training area, took legitimate, lawful, professional, and restrainedcountermeasures all the way through. We urge the Japanese side to stop dangerous and provocative actions, so as to prevent accidents at sea and in the air.

    Journalist: According to reports, the Taipei School of Economics and Political Science Foundation recently held an unofficial “chief-of-staff” level war-gaming on a Taiwan crisis for the first time. The former “Chief of the General Staff” of the Taiwan military, the former Chairman of the US Joint Chiefs of Staff, and the former Chief of Staff of the Japan Self-Defense Forces participated the event. In addition, the US and Taiwan held the so-called Defense Industry Forum in Taipei, advocating closer cooperation in weaponry and equipment. What’s your comment?

    Jiang Bin: The Taiwan question is purely China’s internal affair, which brooks no external interference. Any action that emboldens the “Taiwan independence” separatist forces to seek secession will undermine cross-Strait peace and stability. Whoever does that is bound to get burnt for playing with fire, and taste the bitter fruit of its own doing. We urge relevant countries to truly abide by the one-China principle, and stop sending any wrong signal to the “Taiwan independence” separatist forces. In front of the prevailing trend of the ultimate andcertain reunification of China, any scheme to solicit foreign support for independence and contain China with Taiwan is doomed to failure.

    MIL OSI China News

  • MIL-OSI China: Chinese premier meets PM of Vietnam

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

    TIANJIN, June 24 — Chinese Premier Li Qiang on Tuesday met with Prime Minister of Vietnam Pham Minh Chinh, who is in north China’s Tianjin Municipality for the 2025 Summer Davos.

    Noting that this year marks the 75th anniversary of the establishment of diplomatic relations between China and Vietnam, Li said the deep friendship of “comrades and brothers” has remained firm and fresh over time. Since the successful visit of Xi Jinping, general secretary of the Communist Party of China Central Committee and Chinese president, to Vietnam in April, the comprehensive strategic cooperation between China and Vietnam has been further advanced.

    China is willing to continue to implement the outcomes of President Xi’s visit with Vietnam to bring more benefits to the two peoples, Li said.

    Li pointed out that the unstable and uncertain factors in the current international situation are still increasing. China and Vietnam should unite more closely, enhance strategic communication and mutually beneficial cooperation. This is not only beneficial to both sides, but also to the region and the world.

    He noted that China is willing to accelerate the alignment of development strategies with Vietnam, implement the cooperation plan on synergizing the Belt and Road Initiative and the Two Corridors and One Economic Circle strategy, expand cooperation in areas such as artificial intelligence, digital economy and green development, and jointly foster new economic drivers.

    Both sides should enhance exchanges and cooperation in areas such as culture, tourism, education and media, and successfully hold a series of activities for the China-Vietnam Year of People-to-People Exchange, Li said.

    China welcomes Vietnam to become a BRICS partner country and is willing to work with Vietnam to safeguard free trade and the multilateral trading system, promote an equal and orderly multi-polar world and a universally beneficial and inclusive economic globalization, and inject more stability and positive energy into world peace and development, Li said.

    Pham Minh Chinh said that Vietnam is willing to work with China to implement the important consensus reached by the top leaders of the two parties, further enhance high-level exchanges, improve political mutual trust, strengthen strategic communication, promote practical cooperation, and deepen people-to-people and cultural exchanges.

    Vietnam firmly supports the three major global initiatives proposed by President Xi and looks forward to strengthening multilateral cooperation with China, defending multilateralism and safeguarding common interests, he noted.

    MIL OSI China News

  • MIL-OSI Europe: Demining Capability Coalition Meets in Reykjavík

    Source: Government of Iceland

    Representatives of the countries that make up the Demining Capability Coalition met in Reykjavík last week.

    Iceland and Lithuania are leading the work of the group, which supports training and the purchase of a variety of equipment for mine action in Ukraine. A total of 22 countries are part of the group, as well as twelve partners. Representatives of the Ukrainian government also attended the meeting.

    “We are very proud to lead this extremely important project together with our Lithuanian friends, but in Ukraine, landmines cover a vast area and endanger the lives of innocent civilians, including children,” says Minister for Foreign Affairs Þorgerður Katrín Gunnarsdóttir. “This situation, of course, affects Ukraine’s defense against Russia’s illegal and bloody war of aggression, so this support from us and the allies is of great importance to the Ukrainian people.”

    At the meeting, the Ukrainians reviewed the situation in their country and informed about where help is urgently needed. Plans for contributions from the member states were reviewed, both in terms of equipment they intend to provide as well as plans for training and contributions to a fund that both handles joint purchases of necessary equipment for bomb detection and disposal and finances training projects. The fund has been useful in purchasing important equipment. Donations to the fund have been successful this year, but it is hoped that more countries will contribute funds to it in order to achieve the goals that the group has set for itself this year.

    The meeting also reported on a field visit that representatives of the group, including Iceland, undertook to Ukraine in the first week of June.

    MIL OSI Europe News

  • MIL-OSI United Kingdom: UK MHRA leads safe use of AI in healthcare as first country in new global network

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK MHRA leads safe use of AI in healthcare as first country in new global network

    The MHRA will help shape international rules for AI in healthcare – speeding up access to safe, effective technologies into the NHS and worldwide.

    From left to right: Science Minister Lord Patrick Vallance, Health AI CEO Dr Ricardo Baptista Leite and MHRA CEO Lawrence Tallon.

    The UK has today (24 June) become the first country in the world to join a new global network of health regulators focused on the safe, effective use of artificial intelligence (AI) in healthcare.

    The move puts the Medicines and Healthcare products Regulatory Agency (MHRA) at the centre of global efforts to get trusted AI tools safely into clinics faster – supporting earlier diagnosis, cutting NHS waiting times, and backing growth in the UK’s health tech sector.

    By joining the HealthAI Global Regulatory Network as a founding ‘pioneer’ country, the MHRA will work with regulators around the world to share early warnings on safety, monitor how AI tools perform in practice, and shape international standards together – helping make AI in healthcare safer and more effective for patients around the world. Other countries are expected to join in the coming months.

    The MHRA will draw on its leading work at home to help shape the network from the ground up. That includes AI Airlock, a global leading example of a regulatory sandbox for AI medical devices – which lets companies test new tools with the regulator before wider NHS roll-out. Early examples include AI models to help GPs spot lung conditions sooner and AI to support more personalised cancer care.

    The MHRA has updated guidance and begun reforming medical device safety regulations, and continues to adapt them for fast-developing areas such as adaptive and generative AI. The MHRA is also working with researchers, National Institute for Health and Care Excellence (NICE) and the NHS to strengthen real-world evidence on how these tools perform in practice.

    A signing ceremony to mark the UK’s membership took place today at Westminster with Science Minister Lord Vallance, MHRA Chief Executive Lawrence Tallon and Dr Ricardo Baptista Leite, CEO of HealthAI.

    Health and Social Care Secretary Wes Streeting said:

    “I’m delighted that the UK has been invited to become a Pioneer Country in HealthAI’s Global Regulatory Network.

    “This recognition underscores our commitment to being at the forefront of responsible AI innovation in healthcare. As we implement our 10 Year Health Plan, cutting-edge technology will be crucial to transforming patient care and NHS efficiency.

    “Working with international partners through this network will ensure we harness AI’s incredible potential, while maintaining the highest standards of safety and ethics.”

    Science and Tech Secretary Peter Kyle said:

    “The UK is leading the way in making sure AI delivers real-world benefits – from better care for patients to new opportunities for growth.”

    “By shaping global standards and breaking down unnecessary regulatory barriers at home, we’re helping innovators to get trusted tools into the NHS faster, improving treatments for patients while growing our economy in support of our Plan for Change.”

    MHRA Chief Executive Lawrence Tallon said:

    “AI has huge promise to speed up diagnoses, cut NHS waiting times and save lives – but only if people can trust that it works and is safe. That’s why we’re proud to be leading the way, shaping how this powerful technology is used safely in healthcare here and around the world. From our AI Airlock testbed to new guidance on fast-moving tech like generative AI, we’re backing smart innovation that works for patients – and makes the UK the best place in the world to develop it.”

    Dr Ricardo Baptista Leite, CEO of HealthAI, – The Global Agency for Responsible AI in Health, said:

    “We are proud of this landmark collaboration with the UK Government and the MHRA. The UK has long been a trailblazer at the intersection of artificial intelligence and health, and we are honoured to welcome it as the first of ten pioneer countries in the HealthAI Global Regulatory Network, fostering global collaboration and shared learning in the regulation and scaling of AI for health. We believe the UK will both strengthen its leadership in this critical field and offer invaluable expertise to its peers, accelerating global progress toward equitable, AI-powered health systems that ultimately contribute to improving quality of life and well-being for all.”

    Notes to editors 

    1. The HealthAI Global Regulatory Network is a new international platform bringing together health regulators to strengthen oversight of AI in healthcare. It aims to build trust, improve safety, and accelerate responsible innovation through shared learning, joint standards, and early warnings of emerging risks. Members will also have access to a global directory of registered AI health tools to support transparency and collaboration.
      Ten ‘Pioneer Countries’ from diverse regions are being invited to shape the Global Regulatory Network from the outset. Each will work with HealthAI to develop stronger regulatory frameworks, support local innovation, and ensure AI technologies meet high standards of safety, effectiveness and equity.
      To learn more about HealthAI, visit their website at www.healthai.agency  
    2. AI Airlock is the world’s first regulatory sandbox for AI medical devices, led by the MHRA. Applications for the second round of the programme are now open from 23 June – 14 July 2025. The pilot phase supported four breakthrough technologies to test how they perform in real-world settings under regulatory oversight. More information can be found at AI Airlock: the regulatory sandbox for AIaMD – GOV.UK.
    3. Software and artificial intelligence (AI) as a medical device – GOV.UK
    4. MHRA Real-World Evidence Scientific Dialogue Programme – GOV.UK
    5. The Medicines and Healthcare products Regulatory Agency (MHRA) is responsible for regulating all medicines and medical devices in the UK by ensuring they work and are acceptably safe. All our work is underpinned by robust and fact-based judgements to ensure that the benefits justify any risks. 
    6. The MHRA is an executive agency of the Department of Health and Social Care. 
    7. For media enquiries, please contact the newscentre@mhra.gov.uk, or call on 020 3080 7651.

    Updates to this page

    Published 24 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Interview of Dmitry Patrushev to the newspaper “Komsomolskaya Pravda”.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Dmitry Patrushev: Environmental issues have no boundaries, no age, no political views.

    Dmitry Patrushev answered questions about environmental protection. What has been achieved this year? What still needs to be done? He spoke about this and much more in an exclusive interview with Komsomolskaya Pravda.

    Photo: Press service of Deputy Prime Minister Dmitry Patrushev

    I. Ostanin: In 2025, the implementation of new national projects began. One of the areas is the environmental situation related to water bodies. I cannot help but touch on the topic related to the great Russian river Volga. This topic attracts a lot of attention, Komsomolskaya Pravda conducted a large investigation on this topic: previously built treatment facilities are working at only 5%… Dmitry Nikolaevich, what do you think about ways to solve the problem? How to keep the Volga clean?

    D. Patrushev: Environmental improvement of the Volga over the past six years has involved more than just the construction of treatment facilities. In addition, landfills have been eliminated and measures have been taken to increase the river’s capacity. This allows people to be provided with water during dry periods, including for irrigation.

    Regarding the treatment facilities, I will say that problems were indeed identified in this block of activities. At the finish line of the previous national project, when I was given this direction under my supervision, it became clear that a number of facilities were not completed.

    Moreover, not the most positive results were obtained as a result of inspections of the quality of wastewater treatment at already commissioned facilities.

    Throughout the past year, we have been systematically changing our approach to work. A headquarters was set up at the government site, where each facility was literally analyzed “under a magnifying glass.” Based on the results, a schedule was created for completing construction and reaching standard cleaning indicators. Monitoring of plan execution is carried out through digital tools. Therefore, any deviations are visible to both us and regional leaders. There were many other transformations. As a result, the dynamics of construction have increased significantly.

    For the future, within the framework of the new national project “Ecological Well-Being”, we have completely restructured the approach to project implementation. For example, now an object cannot be considered commissioned until Rosprirodnadzor confirms the required quality of wastewater treatment.

    I am convinced that responsibility for the implementation of projects should be increased, including at the local level. After all, it is there that one can see better what has been built and how it affects the environmental situation. The involvement of subjects should be not only organizational, but also financial. We have also taken this into account in the new national project.

    Let me emphasize that all objects will be completed and brought up to standard indicators!

    I. Ostanin: You said that the approaches changed when working within the framework of the new national project, but the geography of the work has also significantly expanded. As far as I know, now it is planned to include other reservoirs and rivers in addition to the Volga and Baikal.

    D. Patrushev: Indeed, through the federal project “Water of Russia” the improvement, one way or another, will affect almost all major waterways of our country. This will not only be new treatment facilities, but also the cleaning of more than 1000 kilometers of rivers, which will create comfortable conditions for millions of people living near water bodies. In addition, measures are planned to improve the condition of lakes and reservoirs.

    We pay special attention to events within the boundaries of cultural heritage sites, specially protected natural areas, historical tourist centers. As an example, I will cite the restoration of the rivers and lakes of the Gatchina Park in the Leningrad Region.

    I would like to note that we will continue to monitor all work on improving the health of water bodies at the government level.

    By the way, this year funds have already been allocated for the Krasnogorsk Irtysh hydroelectric complex in the Omsk region and the Elizavetinsky reservoir hydroelectric complex, the most important source of drinking water for residents of the Lugansk People’s Republic.

    I. Ostanin: Let’s continue by talking about the ecology of Lake Baikal. Many spears have been broken around this topic. How is it planned to build the development of the Baikal region?

    D. Patrushev: We must certainly do everything to preserve Baikal, our unique natural site.

    However, the territory needs to be developed, providing the local population with quality living conditions. Developing a policy on how to regulate this is a long-standing issue. The Ministry of Natural Resources is developing a corresponding bill.

    It was adopted in the first reading last year. However, some of its provisions required adjustments. Now the government’s amendments are ready. I will not make premature statements, but I expect a balanced decision to be made that will take into account the possibility of preserving the incredible nature of Baikal and economically developing the territories. I hope that the reasonable balance found will become a prerequisite for the sustainable development of these territories for many years.

    I. Ostanin: Development of ecotourism is another important part of the national project “Ecological Well-being”. The holiday season has arrived. Tell us how the authorities are going to develop ecotourism? What routes, directions, maybe even new resorts will appear?

    Photo: Press service of Deputy Prime Minister Dmitry Patrushev

    D. Patrushev: Domestic tourism is currently experiencing a rapid rise. In 2024, Russia broke its own record for the number of domestic tourist trips, exceeding 90 million. But the President has ordered that this figure reach 140 million by 2030.

    I have no doubt that our national parks can become an excellent point of attraction for tourists. Over the past six years, the tourist flow to them has grown from 6 to 17 million people. As part of the national project “Ecological Well-Being”, we continue to create conditions for popularizing this type of recreation for people.

    To this end, among other things, we will remove unreasonable restrictions that hinder the development of tourism infrastructure in specially protected natural areas.

    By the way, the Ministry of Natural Resources is also developing cruise tourism. For example, today those who wish can visit national parks in the Far East and see natural attractions that are inaccessible to “land” tours in Khabarovsk, Primorsky and Kamchatka Krais, Magadan and Sakhalin Oblasts, as well as Chukotka.

    National parks and reserves also develop excursion programs – for example, for weekend routes, they equip walking trails, open visitor centers, and arrange the necessary infrastructure. For example, Sochi National Park offers tourists updated eco-trails this season. We aim to make national parks interesting and comfortable in terms of improvement.

    I. Ostanin: Preservation and increase of our pride, Russian forests, is one of the tasks of the national project “Ecological Well-being”. What is being done to restore forests?

    D. Patrushev: Russia is home to a fifth of the world’s forest reserves. Understanding this, we take on increased obligations to preserve and increase them. Over the past 6 years, the area of new plantings has reached almost 8 million hectares.

    And, contrary to the global trend, more forests appear in our country than disappear. We have maintained this dynamic for several years in a row.

    People, our caring citizens, make a significant contribution to forest restoration. This deserves special gratitude. The country annually holds the “Garden of Memory” and “Save the Forest” campaigns. Over the years, more than 350 million trees have been planted, and public figures, politicians, and guests from foreign countries have taken part.

    However, wildfires remain a serious challenge for many countries — and for us too. The areas annually engulfed in flames, despite all preventive measures, are still quite significant. The government, for its part, is doing a lot of work to reduce them. In 2025, regions have been allocated almost 20 billion rubles. Including more than 5 billion additionally allocated to the most “burning” subjects — Yakutia, Transbaikalia and Krasnoyarsk Krai. The regions, for their part, are also increasing funding.

    And, of course, forest conservation requires full control over the movement of timber. In 2020, the President set the task of creating a system that would make the process completely transparent. Much has already been done for this. Strengthening supervision and introducing digital technologies in the industry have made it possible to reduce the number of violations by 2.5 times in 5 years. We can now track the movement of timber from harvesting to final products and export. But the improvement of control mechanisms in this area continues.

    From January 1, 2025, data on the forestry complex must be entered into the new state information system (FGIS Forestry Complex). And from this year, all timber trucks must be equipped with the GLONASS system.

    This will allow us to more effectively suppress “gray schemes”, because in real time we can see every logging site and all special equipment. Monitoring of the execution of the President’s order will be constant.

    I. Ostanin: The so-called “garbage reform” is being implemented in the country. At what point are we? And what will be done to achieve the indicators outlined by the President?

    D. Patrushev: On the instructions of the President, we are developing a closed-loop economy. What does this mean? Firstly, by 2030, waste sorting should be 100%, secondly, we need to reduce the volume of landfill disposal by 50%, and thirdly, which is very important, a quarter of the waste should be recycled. Currently, approximately 55% of waste is sorted, and only 14% is recycled.

    Over the past six years, almost 300 facilities for sorting, recycling and placing solid municipal waste have appeared in the country. In order to achieve the required indicators, it is planned to build another 400 facilities by 2030. So that we can monitor how the subjects cope with this task at the federal level, a special headquarters is working on the government platform. And we will continue to work in this format.

    But we must understand that waste management reform is not only about large enterprises. It starts in our yards and will always be in the public eye. Everything matters here: how involved local authorities are, whether the containers are clean, whether there are enough garbage trucks in the region, how financially stable the regional operators are, whether everything is taken into account in the regulatory framework. We are consistently working on all these areas in dialogue with regional leaders, senators and deputies.

    I. Ostanin: Dmitry Nikolaevich, as is known, the activities of enterprises in the agro-industrial complex can also affect the environment. How can we find a balance between the development of our agriculture and a caring attitude towards nature?

    Photo: Press service of Deputy Prime Minister Dmitry Patrushev

    D. Patrushev: Companies in the agro-industrial complex are no different from other industries in this regard. In particular, those that have the most significant impact on the environment must obtain comprehensive environmental permits. These are documents that indicate the compliance of production with certain environmental requirements and standards or confirm the existence of modernization plans.

    In general, agriculture is now one of the most advanced areas of the Russian economy. But at the same time, we strive for the industry to develop in harmony with nature and “be friends” with it. Much is being done for this in modern production facilities.

    Another example: since 2023, work has been underway to improve the efficiency of involving livestock by-products in production, including for the restoration of agricultural land fertility.

    I. Ostanin: Let’s move from ecology to issues of ensuring our food security. The production of agricultural products, in general, is growing; in recent years we have set records for the harvest of grain, rice, fruit and berry crops, etc. What do you think helped us not only maintain production volumes under sanctions, but also increase them?

    D. Patrushev: Today the industry can rightfully be proud of its status as a guarantor of our food security. The state has created all the conditions for this.

    The turning point in many ways was 2014, when the food embargo was introduced. Our president’s decision in the sphere of geopolitics created completely new opportunities for the economy. I have already spoken about this: Crimea is now ours, and – in relation to the agricultural industry – the food shelf. At the start, there were many concerns: skeptics predicted that we could be left without food.

    But the move towards domestic production allowed the agro-industrial complex to become the driver of the economy. Entire areas made a sharp leap. For example, we essentially rebuilt greenhouse vegetable growing. New super-intensive gardens were planted, which gave us their own fruits. We now have more than 9 thousand types of Russian-made cheese, and its production volumes have doubled.

    So the fears were not justified.

    It must be said that our farmers are a colossal growth point. The state, for its part, has provided them with the necessary support.

    In general, there are now tools for all categories of agricultural business – for large players and for the smallest farms. Last year, the government allocated 682 billion rubles to the agro-industrial and fisheries complexes!

    Today we are on the path to achieving technological sovereignty. A new national project has been created for this purpose (“Technological Support for Food Security”). It covers those areas of the agro-industrial complex and related industries where deficit positions still remain. This concerns selection and genetics, agricultural machinery and equipment. It is necessary to increase the share of domestic veterinary drugs and vaccines on the market, and develop biotechnology.

    And, of course, there are people behind any success. Therefore, we strive to ensure that the training of personnel keeps pace with the development of the high-tech and advanced industry that our agricultural industry is. At the same time, it is necessary to start educating effective farmers as early as possible, for which purpose agro-technological classes are created. In addition to general education subjects, children learn about farm animal breeding technologies, learn how to operate unmanned aerial vehicles and work with modern agricultural machinery. Children will be able to get their first profession in agriculture already at school. There should be 18 thousand such classes by 2030. We are waiting for young and motivated specialists.

    I. Ostanin: An alarming trend that we are seeing is that last year the prices of dairy products were rising, for example, butter. Now everyone is talking about potato prices. Why do we see sharp price increases for certain products from time to time? And what can be done to avoid this?

    D. Patrushev: It is important to understand several points here. The food market is sensitive to fluctuations in supply and demand. Last year, the demand for dairy products grew significantly. And not only from buyers, but also from the food industry.

    Our confectionery and cheese industries have increased their output. But this requires a large amount of dairy raw materials.

    And although farmers are steadily increasing the production of raw milk, at the moment the current volumes were insufficient. This caused a temporary imbalance in the market.

    The situation was stabilized, including due to the opening of supplies from friendly countries. A similar mechanism is used for some vegetables of the “borscht set”, potatoes and apples. But here too there is a fork. After all, the price directly depends on the harvest, especially if we are talking about products with a limited shelf life.

    For a certain period of time, potatoes have been rising in price. However, if you look at the statistics, you will see that the prices were not much different from the cost of a couple of years ago. The growth is due to the fact that in 2023 we received a record potato harvest – 8.6 million tons. Inevitably, prices for it fell. And the 2024 harvest is comparable to what was two years before. The cost is “recouping” its fall, because farmers cannot work at a loss. Now the new harvest is already beginning. At the same time, the sowing area for potatoes has increased this year. And at the moment, we see that the growth in prices for it has stopped.

    Therefore, we apply regulatory measures selectively and carefully. The main task is to systematically increase our own production, which the Russian agro-industrial complex copes with quite successfully.

    I. Ostanin: Dmitry Nikolaevich, it has been a year since you took the position of Deputy Prime Minister. What conclusions have you drawn for yourself and what would you call the most difficult thing about working in this position?

    D. Patrushev: One of the important conclusions is that environmental issues have no borders, no age, no political views. This is not just my opinion. The Nevsky International Ecological Congress was recently held, which brought together more than 70 countries, as well as representatives of specialized international organizations.

    We talked about the harmony of man and nature. All participants agreed that with such rapid economic development as today, man’s responsibility to the surrounding world is constantly increasing. The issue of ensuring a balance between the economy and ecology is very relevant. And this is what I am now constantly working with.

    Russia is fully aware of its responsibility to the world for preserving natural resources. Therefore, we take on increased obligations in relation to the environment. And we will maintain this vector.

    As for the difficulties, I think it is not timely to talk about them. Our country is solving problems of historical scale today. Everyone in their place must do everything and even more to meet this level.

    Basically, overcoming obstacles is a motivator that allows you to achieve more.

    Source –newspaper “Komsomolskaya Pravda”.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: FS attends Summer Davos in Tianjin

    Source: Hong Kong Information Services

    Financial Secretary Paul Chan today attended the World Economic Forum Annual Meeting of the New Champions 2025 in Tianjin, and led representatives from about 20 startups and enterprises to visit the Tianjin Binhai High-tech Industrial Development Area for business matching activities.

    At the annual meeting, also known as the Summer Davos, Mr Chan joined the Informal Gathering of World Economic Leaders where he exchanged views on the current international financial and trade landscape and developments with other international and regional leaders.

    In the afternoon, Mr Chan participated as a keynote speaker in a discussion session on the economic and investment relationship and development prospects between the Middle East & North Africa (MENA) and China.

    He pointed out that Hong Kong can serve as a “super connector” in trade, investment, finance, and innovation and technology (I&T) between China and the MENA.

    Specifically, with the increasing popularity of trade settled in local currencies among economies in the region, renminbi liquidity, the range of renminbi investment products and risk management tools, and custodian services can be enhanced to support renminbi investment and funding needs of MENA countries.

    Furthermore, as the region invests heavily in infrastructure and green transformation, Hong Kong can act as a financing centre for quality enterprises and projects. Collaboration between I&T enterprises can also help countries in the region achieve their development goals in various fields.

    Separately, the Financial Secretary, leading representatives from startups from the Hong Kong Science & Technology Parks Corporation, Cyberport and the Hong Kong Investment Corporation, visited the Tianjin Binhai High-tech Industrial Development Area in the morning.

    They toured two enterprises and held a roundtable meeting with about 30 Tianjin-based tech companies to discuss further co-operation directions and strategies between Tianjin and Hong Kong’s innovation sectors, and promote exchanges and interface between enterprises of the two places.

    During the roundtable meeting, Mr Chan said Hong Kong welcomes Tianjin’s I&T companies to leverage Hong Kong’s platform for international expansion. He emphasised that enterprises can utilise Hong Kong’s vibrant and comprehensive fundraising market and high-quality financial services to connect with global funds and investors. He also encouraged them to collaborate with Hong Kong’s I&T enterprises to make use of Hong Kong’s internationalised application scenarios and global business networks, thereby accelerating the pace of their international expansion.

    In the evening, Mr Chan met Tianjin Municipal Committee Deputy Secretary Liu Guiping for in-depth exchanges on strengthening co-operation in trade, finance, shipping, I&T and tourism between Tianjin and Hong Kong.

    Additionally, Mr Chan met Xi’an Mayor Ye Niuping, also attending the Summer Davos, to exchange views on further fostering co-operation.

    The Financial Secretary will continue to attend the Summer Davos in Tianjin tomorrow and depart for Beijing in the evening.

    MIL OSI Asia Pacific News

  • MIL-OSI: WISe.ART Launches Mayte Spínola’s “Galactic Christ” into Space Aboard SpaceX Mission Pioneering Space-Based Art NFTs and Digital Expression

    Source: GlobeNewswire (MIL-OSI)

    WISe.ART Launches Mayte Spínola’s “Galactic Christ” into Space Aboard SpaceX Mission Pioneering Space-Based Art NFTs and Digital Expression
      

    Geneva, Switzerland, June 24, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that WISe.ART, its secure NFT marketplace subsidiary has successfully launched Spanish artist Mayte Spínola’s digital artwork El Cristo Cósmico (“The Galactic Christ”) into low Earth orbit (LEO) aboard a SpaceX Falcon 9 rocket, marking another milestone in the company’s strategy to expand the frontier of digital expression through space technology.

    The launch occurred at 23:11 CET on June 23, 2025, placing a WISeSat satellite carrying Spínola’s artwork into orbit. Tokenized as an NFT on the WISe.ART platform, the artwork is securely stored on the satellite using embedded hardware security modules and blockchain-based authentication protocols.

    This mission is part of WISe.ART’s broader initiative to pioneer the use of space as a platform for artistic and personal expression. By combining secure satellite technology, blockchain infrastructure, and NFTs, WISe.ART is enabling artists, creators, and public figures to engage with audiences globally and now, extraterrestrially.

    “Space is not only the next frontier for technology, it is a new medium for human expression,” said Carlos Moreira, Founder of WISeKey and WISe.ART. “Through WISeSat and WISe.ART, we are giving artists and celebrities a secure and visionary way to project their work and messages from orbit.”

    This is not WISe.ART’s first milestone in space. In 2022, during a special ceremony at the NASDAQ headquarters in New York, WISe.ART minted and transmitted a space-based NFT featuring actress Brooke Shields, demonstrating the platform’s early commitment to combining celebrity expression, secure blockchain, and satellite communications.

    Mayte Spínola, one of Spain’s most celebrated contemporary artists and founder of the Grupo Pro Arte y Cultura, shared her thoughts on the occasion: “Seeing my work orbiting Earth is deeply symbolic. It represents the union of art, science, and faith, transcending borders and reminding us that peace is a universal message.”

    Technical details of the mission:

    • Rocket: SpaceX Falcon 9 (Transporter Mission)
    • Orbit: Sun-synchronous low Earth orbit (~500–600 km)
    • Payload: WISeSat satellite with secure NFT storage and communication capabilities
    • Security: Blockchain certification anchored to WISeKey’s Root of Trust, with post-quantum secure elements
    • Access: Two-way data connectivity for metadata validation and message exchange

    With this launch, El Cristo Cósmico becomes a space-hosted digital artifact, merging art, spirituality, and space technology. It showcases how WISe.ART is redefining the role of NFTs, offering creators new dimensions for secure global, and now orbital engagement.

    About WISe.ART

    WISe.ART is a full-service NFT platform designed for artists, collectors, and brands. It leverages WISeKey’s trusted cybersecurity technologies to ensure secure creation, trading, and verification of digital assets, with integrations into IoT, satellite systems, and post-quantum infrastructures.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com 

    Media Contact:
    press@wise.art
    www.wise.art

    WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com

    The MIL Network

  • MIL-OSI: Flexera Announces Chris Andersen as Chief Financial Officer to Advance Strategic Growth, AI and Data-Driven Innovation

    Source: GlobeNewswire (MIL-OSI)

    ITASCA, Ill., June 24, 2025 (GLOBE NEWSWIRE) — Flexera, the global leader in technology spend and risk management, today announced the appointment of Chris Andersen as Chief Financial Officer (CFO). Andersen will lead the global finance organization for Flexera and its Revenera division, playing a pivotal role in scaling the company’s long-term growth and innovation agenda—anchored in platform-driven insights, artificial intelligence (AI), and deep data intelligence.

    Andersen brings over 25 years of financial leadership experience in enterprise software, with a proven track record of driving operational scale, executing strategic capital plans and leading transformative initiatives in high-growth environments. Most recently, he served as CFO of Acquia, where he guided the company to sustained profitability, oversaw multiple successful acquisitions and supported Vista Equity Partners’ majority acquisition in 2019.

    “Chris is an outcome-oriented finance leader with a sharp eye for unlocking value at the intersection of technology, data and operational excellence,” said Jim Ryan, CEO of Flexera. “His experience scaling modern software companies—and integrating advanced analytics and automation into financial and strategic planning—makes him uniquely equipped to support our expansion across FinOps, ITAM, SaaS Management and our rapidly evolving AI-powered platform.”

    Prior to Acquia, Andersen held senior financial roles at Akamai Technologies, Progress Software and Novell. He currently services on the Bain Capital Ventures CFO Advisory Board, where he contributes to shaping the next wave of finance leadership in the software sector.

    “Flexera is uniquely positioned at the convergence of IT asset intelligence, cost optimization and AI-driven decision-making,” said Andersen. “I’m excited to join at this moment of inflection—helping to scale a category-defining platform that empowers enterprises to harness their technology data, automate control, and drive smarter outcomes.”

    Andersen’s appointment reflects Flexera’s focus on expanding its executive bench to support the company’s innovation in FinOps, ITAM and SaaS Management—where AI, automation and actionable technology insights are central to our customer value.

    Follow Flexera

    About Flexera

    Flexera helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Powered by the Flexera Technology Intelligence Platform, our award-winning IT asset management, FinOps and SaaS management solutions provide comprehensive visibility and actionable insights on an organization’s entire IT ecosystem. This intelligence enables IT, finance, procurement, FinOps and cloud teams to address skyrocketing costs, optimize spend, mitigate risk and identify opportunities to create positive business outcomes. More than 50,000 global organizations rely on Flexera and its Technopedia reference library, the largest repository of technology asset data. Learn more at flexera.com.

    About Revenera

    Revenera helps product executives build better products, accelerate time to value and monetize what matters. Revenera’s leading solutions help software and technology companies drive top line revenue with modern software monetization, understand usage and compliance with software usage analytics, empower the use of open source with software composition analysis and deliver an excellent user experience—for embedded, on-premises, cloud and SaaS products. To learn more, visit www.revenera.com.

    For more information, contact:

    Ciri Haugh

    Flexera

    publicrelations@flexera.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7ad09f07-31c0-41a2-ab79-473df98b3586

    The MIL Network

  • MIL-OSI Global: Charitable giving grew to $593B in 2024, propelled by a strengthening US economy and a booming stock market

    Source: The Conversation – USA – By Jon Bergdoll, Associate Director of Data Partnerships at the Lilly Family School of Philanthropy, Indiana University

    Paul Newman, the late actor and philanthropist, co-founded Camp Boggy Creek, which children with serious illnesses and their families attend for free. AP Photo/Phelan M. Ebenhack

    U.S. charitable giving increased 3.3% to US$593 billion in 2024, lifted by the strength of the economy.

    The annual report from the Giving USA Foundation, produced in partnership with the Indiana University Lilly Family School of Philanthropy,
    found that this was the second-highest level on record after adjusting for inflation.

    Giving grew at the fastest pace since 2021, when the COVID-19 pandemic led many Americans to make larger-than-usual donations. It was also the first time since then that growth in giving outpaced inflation.

    As two of the report’s lead researchers, we see many signs of healthy growth in charitable giving in 2024. Our data shows that the strong economy, which grew 2.8% in 2024, bolstered individual and corporate giving and allowed foundations to maintain the historically high level of giving seen from them in recent years.

    It also helped that stock markets performed well in 2024, consumer sentiment was generally positive, personal income rose and inflation continued to ease.

    Donations to nearly every charitable category we track grew.

    Individuals and corporations led overall growth

    Individual donors continued to provide the bulk of the nation’s charitable gifts. The $392 billion they gave to charity accounted for two-thirds of the year’s total. Giving by individuals grew 5.1% from 2023 − a swifter pace than for all donations.

    Corporate giving rose even faster. It was up 6% to a record $44 billion.

    This growth reflects the high pretax profits earned by corporations in 2024 and the trend toward corporations donating a higher share of pretax profits in recent years.

    For example, corporations generally donated less than 1% of pretax profits from 2004-2018. But our research team started to see corporate giving rise to 1% or more in the 2019 data. This was also the case in 2024, when corporate giving stood at 1.1% of pretax profits.

    Corporate philanthropy has grown by more than 50% since 2019, a trend that has coincided with rising in-kind donations of insulin products and other pharmaceuticals. Drugmakers made an estimated $24 billion in these donations in 2024 − up 41% since 2019.

    To be sure, corporations’ donations amounted to just 7% of overall giving in 2024.

    Meanwhile, grants made by foundations exceeded $100 billion for the third straight year. Almost $1 out of every $5 contributed to charity was from a foundation in each of those years.

    Giving by foundations in the five years ending in 2024 was higher than any other period since Giving USA has tracked this data. Foundation giving, however, remained fairly flat from 2023 to 2024, at about $110 billion.

    Around 8% of all gifts made in 2024 were from bequests included in people’s wills, the same as in 2023. Bequests totaled $44 billion, down 4.4% when adjusted for inflation. But the total given through bequests varies quite a bit from year to year.

    Most kinds of donations increased

    Donations to most of the nine charitable categories Giving USA tracks increased. The one exception: Gifts to churches and other religious institutions fell 1%. But religious giving remained by far the top category, followed by human services and education.

    Religious causes received 23% of all donations, a total of $147 billion. Giving to human services nonprofits, such as food banks and homeless shelters, increased considerably during the pandemic. It now accounts for about 14% of all donations. In 2024, these gifts totaled $91 billion.

    Giving to education, which primarily consists of donations to colleges and universities has tended to grow more slowly than overall giving in recent years.

    Giving for education rebounded to a record high in 2024, however, rising nearly 10% from a year earlier. And these gifts have grown at a quick pace over the past decade, increasing by more than 22% from 2015 to 2024. The $88 billion in gifts received for education in 2024 was the third-largest of the nine categories we follow.

    Several other categories also reached all-time highs of giving in 2024: health, at $61 billion; arts, culture and humanities, at $25 billion; and environment and animals, at $22 billion.

    The increases in giving for most kinds of nonprofits, supported by strong growth in giving by individuals and corporations, indicate that the charitable sector ended 2024 in a relatively solid position.

    Jon Bergdoll receives grant funding from the Giving USA Foundation, which publishes Giving USA.

    Christina Daniken receives grant funding from the Giving USA Foundation, which publishes Giving USA.

    ref. Charitable giving grew to $593B in 2024, propelled by a strengthening US economy and a booming stock market – https://theconversation.com/charitable-giving-grew-to-593b-in-2024-propelled-by-a-strengthening-us-economy-and-a-booming-stock-market-259221

    MIL OSI – Global Reports

  • MIL-OSI Global: Federal energy office illustrates the perils of fluctuating budgets and priorities

    Source: The Conversation – USA – By Christelle Khalaf, Associate Director, Government Finance Research Center, University of Illinois Chicago

    How much money goes into which pile often changes with the presidency. valiantsin suprunovich/iStock / Getty Images Plus

    When new presidential administrations enter the White House, federal agencies often find their funding and priorities shifting, sometimes dramatically.

    I’m a scholar who studies how policy and market shifts affect regional economies, labor markets and public systems, particularly in the context of critical infrastructure such as energy and water. I’ve seen how both of those types of changes – of funding levels and priorities – destabilize agencies and cut off long-term projects before they achieve their intended goals.

    In one research project, with co-authors Dr. Deborah A. Carroll and Zach Perkins, I took a close look at one office within a federal agency, the Department of Energy’s Office of Energy Efficiency and Renewable Energy. What we found serves as an example of how these changes have played out in the past, and it gives context to how the Trump administration’s changes are playing out now in that agency and across the federal government.

    The office, known by researchers and its personnel as EERE, is mainly focused on funding research and development to advance energy efficiency and renewable energy technologies and reduce the costs of those technologies to consumers. Its key efforts involve low-emission transportation, renewable electricity generation and decreasing the carbon emissions of buildings and industry processes.

    It makes grants to, and enters research and development agreements with, small businesses, industry, national laboratories, universities and state and local governments. Recipients are often required to contribute matching funds or other support to the project to complement the federal funding.

    In general, Congress appropriates funding to the office as part of the yearly budget process. However, the office also receives sporadic influxes of additional funding to stimulate the economy or address concerns related to energy security and greenhouse gas emissions. Ultimately, the amount of funding EERE gets depends in part on overall economic conditions or national crises.

    Boosting funding levels

    Some of those supplemental allocations can be significant, and many last until the funds have been spent, even if that takes a number of years. Following the energy crisis in the early 2000s, Congress allocated EERE a total of about $7 billion in funding for research and development in energy efficiency, renewable energy and biofuels.

    Then in 2009, following the Great Recession, Congress gave EERE $16.7 billion – most of which was to help low-income families pay to install efficient light sources or insulation to save them money. About $5.4 billion was for research and development.

    In 2020, amid the COVID-19 pandemic, Congress passed the Energy Act of 2020, mainly focusing on nuclear energy and carbon capture technologies but also providing over $500 million in research and development funding for EERE.

    In 2021, the Infrastructure Investment and Jobs Act allocated about $16.3 billion to EERE. And in 2022, the Inflation Reduction Act provided an additional $18 billion. As with other additional funding allocations, Congress made most of that money available until the total authorized amount has been spent.

    But the future of these allocations is uncertain. A January 2025 executive order by President Donald Trump requested that all agencies immediately pause the disbursement of funds Congress approved in both laws.

    In its 2026 budget, the Trump administration is proposing spending $900 million on EERE’s work – a 70% reduction from its 2025 allocation of $3.5 billion. This echoes a move during Trump’s first term when the White House proposed the office’s funding be cut by nearly 70% between the 2017 and 2018 budgets. However, at that time, Congress decided to keep the office’s budget largely intact. Congress will review and decide on this proposed budget as well.

    Solar energy is just one of the Office of Energy Efficiency and Renewable Energy’s areas of research.
    alexsl/iStock / Getty Images Plus

    Shifting priorities

    How those varying amounts of money are spent also changes, often based on shifts in political leadership with different views about what types of technologies are most worth investing in, and about the most effective role of government in developing new technologies.

    Our qualitative analysis has found that Republican administrations typically believe that very-early-stage research and development is an appropriate role for the federal government, but that as technologies move closer to commercialization, the private sector should take the lead.

    In contrast, we found that Democratic administrations believe that promising innovations often fail to reach the market due to insufficient private sector support during the demonstration and deployment phases. So they tend to advocate for increased federal involvement to assist with the transition from research to market-ready technologies.

    There is also a partisan difference in which technologies get financial support. Solar and wind energy technologies have historically received higher funding under Democratic administrations. In contrast, bioenergy and hydrogen technologies have received higher funding under Republican administrations.

    Funding the future

    EERE often funds projects that are considered too risky for private investors to fund alone. Expanding knowledge requires experimentation, so some EERE projects have achieved notable success, while others have not.

    For instance, the office’s investments have played a pivotal role in both spreading electric vehicle technologies and reducing their cost to consumers. Beginning with a major funding boost from the American Recovery and Reinvestment Act of 2009, and with further allocations in subsequent years, EERE helped fund breakthroughs in battery manufacturing, power electronics and electric drive systems.

    These advancements contributed to a sharp rise in adoption: In 2012, there were just 100,000 electric vehicles registered in the U.S. By 2022, that number was above 3 million. And in 2014, hybrid, plug-in hybrid and battery electric vehicles accounted for 3% of all new light-duty vehicle sales. By 2024, that share had grown to 19%.

    EERE’s investments in electric vehicles powered by hydrogen fuel cells, by contrast, have not done so well. Despite significant government support in the 2000s, their commercial availability remains largely limited to California, where most of the country’s hydrogen refueling stations are located.

    Various aspects of electric vehicle technologies have received federal support.
    Cavan Images/Cavan via Getty Images

    A change in approach

    Our analysis of the office’s operations finds that the amount of change in funding levels and priorities can create an environment that hinders thoughtful project selection. Programs that begin under one administration can’t be counted on to continue under subsequent presidents, and dollars allocated for the future may be repurposed down the road, leaving projects only partially finished.

    Studies also find that rapidly increasing budgets can create misaligned incentives as public administrators scramble to use the funds during the authorization period. For example, some may prioritize grantees who can accept and spend money rapidly, regardless of the potential public benefit of their innovation.

    Further, the shifting priorities complicate long-term planning for government officials, researchers and businesses. Sustaining innovation over a long period takes years of commitment. Studies have shown that inconsistent or volatile government funding can hinder overall technological progress and discourage private investment. One example is the exploration of algae-based biofuels in the 1980s, which was shut down in the 1990s due to shifting federal priorities. That stalled progress in the field and led to a loss of more than half of the genetic legacy collected through the program. In the late 2000s, the federal government resumed funding algae-based biofuel research.

    Overall, research by us and others underscores the importance of sustained funding and institutional continuity to ensure the success of publicly funded research and development. That’s what other peer countries are doing: boosting long-term investments in clean energy with consistent priorities and predictable funding.

    Following that model, in contrast to the current practice of ever-shifting priorities, would create more effective opportunities to develop, produce and deploy innovative energy technologies in the U.S., helping to maintain global competitiveness and reduce reliance on foreign manufacturing.

    Christelle Khalaf received funding from the Alfred P. Sloan Foundation to examine EERE R&D funding trends. She has also received funding from the Department of Energy for separate research.

    ref. Federal energy office illustrates the perils of fluctuating budgets and priorities – https://theconversation.com/federal-energy-office-illustrates-the-perils-of-fluctuating-budgets-and-priorities-255936

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Council set to purchase Beethoven Centre in boost to community services in Queen’s Park | Westminster City Council

    Source: City of Westminster

    Westminster City Council’s Cabinet has approved the purchase of Beethoven Centre in Queen’s Park to protect and improve local community services in the area.  

    The centre will offer affordable space for local groups, charities, and services such as health advice, housing support, and community events. It will also help smaller organisations find a permanent base in the area.  

    The purchase will support the Council’s Fairer Westminster goals, making sure residents have access to the services and spaces they need — especially in Queen’s Park, one of the most deprived parts of Westminster.  

    Cllr David Boothroyd, Cabinet Member for Finance and Council Reform, said:  

     “The purchase of Beethoven Centre will mark a significant step in our commitment to building a Fairer Westminster. 

    “By securing this vital community asset, we are safeguarding affordable space for local groups and ensuring that the people of Queen’s Park have a vibrant, inclusive hub at the heart of their community.”  

    The Beethoven Centre includes a large community hall, multiple office and meeting rooms, and existing space for service providers including Age UK, Carers Network, and Creative Futures.   

    Once operational under Council management, the centre is expected to operate on a self-sustaining financial model, with income from hires and rentals covering its running costs from the first year.  

    The Beethoven Centre will also undergo a full carbon assessment as part of the Council’s commitment to sustainability and energy efficiency.  

    The purchase of the centre supports the North Paddington Programme which aims to improve outcomes and opportunities for local people by addressing social, economic, health and environmental inequalities which exist within the city.

    MIL OSI United Kingdom

  • MIL-OSI: Music Licensing, Inc. Announces Intention to Apply for OTCID Basic Market Qualification

    Source: GlobeNewswire (MIL-OSI)

    NAPLES, FL, June 24, 2025 (GLOBE NEWSWIRE) —  Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, today announced its intention to apply for qualification under the new OTCID Basic Market structure introduced by OTC Markets Group. The company expects to submit its application in the coming days as part of its ongoing commitment to transparency, regulatory compliance, and enhanced engagement with the investor community.

    The OTCID Basic Market replaces the Pink Current Information tier and is designed to distinguish companies that provide baseline, reliable disclosure from those that do not. To qualify, issuers must meet disclosure standards similar to previous Pink Current Information requirements while also filing an annual Management Certification or 12g3-2(b) Certification, maintaining an up-to-date profile on www.otcmarkets.com, and authorizing their transfer agent to confirm share structure data directly with OTC Markets.

    By pursuing OTCID Basic Market status, Music Licensing, Inc. reaffirms its dedication to corporate transparency and intends to maintain eligibility under SEC Rule 15c2-11. The company views this transition as a proactive step toward better serving its shareholders and the broader market..

    Music Licensing, Inc. (OTC: SONG) is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.

    Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and many others—including works generated by artificial intelligence (AI).

    Additionally, Music Licensing, Inc. holds royalty interests in the iconic Listerine® “Mouthwash” Antiseptic brand as well as a vast portfolio of musical works by globally recognized artists such as The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, BlueFace, The Game, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many others.

    With the upcoming OTCID application, Music Licensing, Inc. continues to prioritize responsible public company practices and value creation for its investors.

    About Music Licensing, Inc. (OTC: SONG) (ProMusicRights.com)

    About Music Licensing, Inc. (OTC:SONG)  (ProMusicRights.com)

    Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.

    Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and many others, including works generated by artificial intelligence (AI).

    Additionally, Music Licensing, Inc. (OTC: SONG) holds royalty interests in Listerine “Mouthwash” Antiseptic and a vast portfolio of musical works by globally renowned artists, including The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, BlueFace, The Game, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many others.

    Forward-Looking Statements:

    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.

    Non-Legal Advice Disclosure:

    This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.

    Non-Investment Advice Disclosure:

    This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication

    Contact: investors@ProMusicRights.com

    SOURCE: Music Licensing, Inc

    The MIL Network

  • MIL-OSI: Unicoin Signs Agreement to Acquire Controlling Stake in DiamondLake, Expanding into Digital Asset Treasury Business

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) — Unicoin Inc., a pioneering digital currency platform, is pleased to announce that it has entered into a definitive agreement to acquire a 51% stake in Diamond Lake Minerals Inc. (OTC: DLMI), a visionary company specializing in the development of digital assets and SEC-registered security tokens. Concurrently, the company will rebrand as DiamondLake Inc. to reflect its ongoing expansion and strategic focus on digital assets, including a new Digital Asset Treasury business. The closing of the transaction is expected to occur within 20 days of signing, subject to customary closing conditions.

    This move underscores Unicoin’s commitment to transforming the digital assets sector. DiamondLake Inc. plans to expand into the Digital Asset Treasury business, inspired by the success of models like Strategy Inc. (formerly MicroStrategy). Acting on the projected growth of the alt-coin market, DiamondLake aims to implement innovative strategies to secure significant stakes in emerging alt-coins.

    “Strategy Inc. has spent over $40B on purchasing bitcoins to achieve its current $106 billion valuation,” said Alex Konanykhin, CEO of Unicoin. “We believe that the same results can be achieved much more cost-efficiently in the alt-coin segment, given the progress with the Stablecoin Act and other positive legislative regulatory developments.”

    CEO Brian J. Esposito stated, “I’ve admired Unicoin’s leadership and strategy for years, and today marks a historic moment as our companies unite to shape the future of tokenization. DiamondLake has always aimed to be one of the first U.S. public companies to incorporate tokenization into our core business, covering securities, assets, RWAs, projects, and partnerships. Our mission has been to unlock global liquidity and provide the 99%-ers of the world with access to wealth-building investments traditionally out of reach. Together with Unicoin, our combined resources, expertise, and vision will enable us to achieve remarkable things and demonstrate the true potential of tokenization to the world.”

    DiamondLake’s expansion into the Treasury sector aims to address Bitcoin’s technological limitations—such as lack of scalability and high operational cost — by focusing on early investments in alt-coins poised for growth amid increasing market fragmentation and the decline of Bitcoin’s dominance. As countries and financial institutions issue their alt-coins, Bitcoin’s market share is expected to diminish, positioning DiamondLake to capitalize on these shifts effectively.

    “While the alt-coin market was drowning in meme-driven speculation, we saw a future. Today, that future is reality. As governments and financial titans pivot to digital currencies, Unicoin is positioned not just to participate, but to lead. Our partnership with DiamondLake isn’t just a deal—it’s a declaration. We’re building the world’s first Digital Asset Treasury that transforms speculation into strategic wealth creation,” said Silvina Moschini, the co-founder and Chief Strategy Officer of Unicoin.

    The transaction and rebranding are expected to close in the third quarter of 2025, subject to closing conditions. With this strategic shift, DiamondLake Inc. is poised to become a leading player in the global digital assets landscape, offering innovative solutions for institutional and retail investors alike.

    About Unicoin
    Unicoin is an audited, public reporting, and regulations-compliant cryptocurrency company. At Unicoin.com, you can find many testimonials about Unicoin, extensive media coverage, and other information. Unicoin is one of the notable crypto companies targeted by the SEC in its notorious War on Crypto, see Unicoin.com/persecution For additional background information about our Unicoin, you can watch a related episode of the Unicorn Hunters show at u.site/uhuc

    About Diamond Lake Minerals, Inc.
    Founded in Utah in 1954, Diamond Lake Minerals, Inc. (OTC: DLMI) is a multi-strategy operating company that specializes in the development and support of digital assets and SEC-registered security tokens. Our goal is to responsibly innovate and develop valuable traditional businesses and successfully combine them with the future of money and digital assets. Our mission is to bring back to the public markets timeless business principles that are focused on healthy, sustainable growth and strong earnings that generate yields combined in a modern digital world, creating value for our stakeholders. DLMI is positioning itself as an industry-agnostic leader in the digital asset and security token space.

    Legal Disclaimer

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to the closing of the transaction, the planned rebranding of Diamond Lake Minerals Inc., and the future business plans and strategy of Diamond Lake Minerals Inc. These statements are based on current expectations, estimates, forecasts, and projections and involve risks and uncertainties that could cause actual results to differ materially from those anticipated, including, but not limited to, regulatory developments, closing conditions, and market dynamics. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Except as required by law, Unicoin Inc. undertakes no obligation to update or revise any forward-looking statements.

    This release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy securities or digital tokens. Any offers, sales, or purchases will be made in accordance with applicable laws.

    Contact: For further information, please contact Sam Amsterdam at Sam@amsterdamgroup.net, (202) 910-8349‬

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/530bfbeb-33a3-4e61-892c-e77b41de1272

    The MIL Network

  • MIL-Evening Report: Shadow treasurer Ted O’Brien accepts invitation to government’s economic roundtable

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    The federal opposition has accepted an invitation from Treasurer Jim Chalmers for shadow treasurer Ted O’Brien to attend the August economic roundtable.

    The acceptance contrasts with the position taken by former opposition leader Peter Dutton last term. He refused to attend the government’s jobs and skills summit although the Nationals leader David Littleproud did so.

    The opposition’s decision is in line with the indication from its leader Sussan Ley that she wants to be more constructive than the Liberals were last term.

    The roundtable, focused on productivity, has broadened into a meeting where tax reform is expected to figures heavily. Chalmers is looking for consensus for reforms but the extent to which that can be achieved remains to be seen.

    Chalmers said on Tuesday he had provided the invitation to O’Brien “in good faith. I think it would be a good thing to have the shadow treasurer engaged at the economic reform roundtable.

    “I think it will give us a better chance of making the kind of progress that we desperately need to see on reform and in our economy more broadly.”

    Chalmers is still finalising the invitations, which will go to business, the union movement and civil society representatives.

    O’Brien said he would engage at the roundtable “in a business-like fashion”.

    He said the Coalition would be “constructive where we can and critical where we must”. It would hold the government to account and he would not be at the summit “to rubber stamp a talkfest”.

    “It’s worth the treasurer knowing from the outset that I believe rhetoric is no substitute for reform. I want to see honesty in how the government defines the economic problems our nation faces, and I will be looking to tangible outcomes as real measures of success.”

    On Wednesday Ley will appear at the National Press Club, speaking about her personal story, the Liberals’ federal election defeat, and some markers on policy areas where the Liberals will focus.

    She will also outline some priority policy areas that she’ll champion during this parliamentary term.

    In her address Ley will highlight “aspiration”, saying this is the “thread that connects every single part of Australian society”.

    “Aspiration is the foundation of the Australian promise: that if you work hard, play by the rules, do your best for your kids and contribute to your community, you will be able to build a better life for yourself and your family.”

    In her speech, part of which was released ahead of delivery, Ley acknowledges the opposition didn’t just lose the last election – “we got smashed. We respect the election outcome with humility. We accept it with contrition. And we must learn from it with conviction.”

    Michelle Grattan 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. Shadow treasurer Ted O’Brien accepts invitation to government’s economic roundtable – https://theconversation.com/shadow-treasurer-ted-obrien-accepts-invitation-to-governments-economic-roundtable-259691

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Africa: Rack Centre welcomes TelCables Nigeria, integrates its international subsea-cable network at the Lagos campus


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    Rack Centre, West Africa’s leading Tier III carrier – and cloud -neutral data centre, has signed a strategic collocation agreement with TelCables Nigeria, a subsidiary of Angola Cables (www.AngolaCables.co.ao) and one of Africa’s most connected network operators. Through the partnership, TelCables Nigeria is deploying its high capacity network and cloud infrastructure together with four international subsea cable systems (SACS, MONET, SEBRAS and EllaLink) directly into Rack Centre’s carrier ecosystem in the region. The move delivers the most resilient, low-latency south-bound routes to Europe, the Americas and Latin America, mitigating the risk of future cable-cut outages along West Africa’s coast and powering next-generation cloud services across the continent.

    “Our unique Africa – to – Latin America route via SACS, combined with MONET, SEBRAS and EllaLink, gives customers the lowest – latency paths to the Americas and Europe,” said Fernando Fernandes, CEO of TelCables Nigeria. “Businesses in latency sensitive sectors: financial services, content delivery and real-time communications will experience faster transactions, reduced lag and an enhanced user experience. By hosting at Rack Centre we also localise Clouds2Africa resources, price them in naira, and remove expensive ingress/egress charges or FX exposure.”

    Partnership highlights

    • Robust dark-fibre integration: TelCables Nigeria is lighting diverse, redundant dark-fibre rings into Rack Centre, ensuring always-on performance.
    • Clouds2Africa platform on-net: Customers can consume scalable IaaS, PaaS and CDN services from within the data sovereign walls of Rack Centre, paying in NGN.
    • Direct on-ramps to AWS, Microsoft Azure and Google Cloud, supporting hybrid and multi-cloud strategies alongside Dedicated Internet Access, IP Transit and remote Internet Exchange (IX) peering.
    • Low-latency routes to three continents, including the only direct Africa to Latin America path, plus shortest-hop connections to Europe and the USA.

    Supporting Rack Centre’s expansion strategy

    Rack Centre’s 13.5MW data centre campus designed with its recently launched LGS2 facility that delivers a design PUE of 1.35 and powered from sustainable energy sources, already hosts 70+ carriers, ISPs and network operators.

    Lars Johannisson, CEO of Rack Centre, said:

    “Adding a global operator of Angola Cables’ calibre through TelCables Nigeria dramatically deepens our connectivity fabric. We can now offer 99.95 % SLA routes to more destinations, enabling enterprises, governments and cloud providers to meet performance and data-residency requirements while keeping traffic local.”

    With features such as N+2 high-efficiency cooling, an integrated Building Management System and AI-ready high-density racks, LGS2 combines capacity, sustainability and innovation reinforcing Rack Centre’s position as a critical digital hub for Nigeria and West Africa.

    Distributed by APO Group on behalf of Angola Cables.

    For Media Enquiries:
    Ada Ibelegbu
    Senior Marketing Associate
    Rack Centre
    Email: ada.ibelegbu@rack-centre.com
    M: +234 80 904 03 473
    T: +234 1 700 5515

    About Angola Cables:
    Angola Cables is an international ICT solutions provider operating a 33,000 km subsea-cable network (WACS, SACS, MONET) and 50,000 km of partner routes, linking the Americas, Africa, Europe and Asia. The company runs Tier III data centres in Fortaleza (Brazil) and Luanda (Angola), manages the Angonix IXP, and maintains 30+ PoPs worldwide. CAIDA ranks Angola Cables among the top-25 global ISPs (2023). www.AngolaCables.co.ao

    About Rack Centre:
    Rack Centre is West Africa’s leading Tier III carrier and cloud neutral data-centre operator. Since 2012 it has specialised in colocation and interconnection, offering customers a technically superior, physically secure and cost-efficient environment. The campus hosts 70+ carriers, ISPs and global Tier 1 networks, with direct links to every subsea cable landing on Africa’s Atlantic coast including Equiano and, soon, 2Africa. www.Rack-Centre.com

    MIL OSI Africa

  • MIL-OSI Africa: Angola Becomes Shareholder in Africa Finance Corporation (AFC), Reinforcing Commitment to Africa-Led Development

    Africa Finance Corporation (AFC) (www.AfricaFC.org), Africa’s leading infrastructure solutions provider, today announced that the Republic of Angola has become its latest sovereign shareholder. This strategic equity investment further strengthens Angola’s partnership with AFC and underscores the country’s confidence in AFC’s mandate to accelerate sustainable development and regional integration through transformational infrastructure.

    As a member of the Africa Finance Corporation since 2022, Angola has deepened its strategic partnership with the institution through a landmark equity investment commitment of US$184.8 million. This bold move reflects Angola’s confidence in the AFC’s institutional strength and its ambition to help shape Africa’s development agenda from within. It builds on nearly US$1 billion in AFC investments across Angola’s priority sectors—power, rail, logistics, and critical minerals—core to the country’s industrialization and economic diversification strategy. The investment also signals growing momentum for African-led capital solutions to drive long-term, transformative growth across the continent.

    Earlier this year, the Fundo Soberano de Angola, Angola’s Sovereign Wealth Fund, also made a US$25 million equity investment in AFC. Together, these investments reflect a cohesive national strategy to advance Angola’s infrastructure and industrial development agenda through close collaboration with the Corporation.

    With this milestone investment, Angola becomes the second Lusophone African nation, after Cape Verde, to join the growing list of equity investors in AFC. This underscores the Corporation’s expanding pan-African footprint and its commitment to accelerating the continent’s structural transformation through strategic, high-impact partnerships.

    “Angola’s capital commitment underscores the impact of sovereign alignment with AFC’s mandate to catalyse Africa’s transformation. It affirms the value of combining national vision with AFC’s model of delivering critical infrastructure, deploying innovative financing solutions, and forging catalytic partnerships across the public and private sectors”, said Samaila Zubairu, President & CEO of Africa Finance Corporation. “This marks a significant step in AFC’s journey to broaden shareholder representation across Africa”.

    Dr. Vera Daves de Sousa, Angola’s Minister of Finance, said: “Angola’s shareholding investment in AFC signals our strong belief in the power of partnerships to deliver lasting economic transformation. The Corporation has been a trusted ally over the last few years, financing strategic sectors including infrastructure, energy, and industrial projects critical to our diversification efforts, and we look forward to a continued, mutually beneficial partnership”.

    AFC and Angola have had a strong collaborative history over the years, exemplified by initiatives such as the Lobito Corridor project, where AFC is acting as lead developer alongside other partners. This transformational multi-country transport network connecting Angola, Zambia, and the Democratic Republic of Congo (DRC) has the potential to unlock new industrial and value-chain opportunities across key sectors, including mining, agriculture, energy, and tourism. 

    Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

    Media Enquiries:
    Yewande Thorpe
    Communications
    Africa Finance Corporation
    Mobile: +234 1 279 9654
    Email: yewande.thorpe@africafc.org

    About AFC:
    AFC was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC’s approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth.

    Eighteen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. AFC has 45 member countries and has invested over US$15 billion in 36 African countries since its inception.

    www.AfricaFC.org

    MIL OSI Africa