Category: Economy

  • MIL-Evening Report: NZ has a vast sea territory but lags behind other nations in protecting the ocean

    Source: The Conversation (Au and NZ) – By Conrad Pilditch, Professor of Marine Sciences, University of Auckland, Waipapa Taumata Rau

    Getty Images

    For the past fortnight, the city of Nice in France has been the global epicentre of ocean science and politics.

    Last week’s One Ocean Science Congress ended with a unanimous call for action to turn around the degradation of the ocean. And this week, the United Nation’s Ocean Conference agenda focused on better protection of marine biodiversity, sustainable fisheries and emissions cuts.

    The message is clear. With only five years to the UN’s 2030 target for its sustainable development goal – to conserve the oceans, seas and marine resources – and the Global Biodiversity Framework requirement to protect 30% of the ocean, we need to make significant progress.

    We all attended last week’s meeting, together with more than 2,000 marine scientists from 120 countries. Here, we reflect on New Zealand’s role and obligations to contribute to these global goals.

    Legal imperatives

    Globally, the ocean is warming and acidifying at accelerating rates. New Zealand’s waters are not immune to this, with more marine heatwaves which further stress our threatened marine biodiversity.

    We depend directly on these ocean ecosystems to provide the air we breathe, moderate the impacts of climate change and feed millions of people.

    New Zealand has significant influence on ocean policy – from Antarctica to the sub-tropical Pacific, and within its sea territory, which is 15 times the size of its landmass and spans 30 degrees of latitude.

    The government is required by law to take action to secure a healthy ocean.

    A recent advisory opinion from the International Tribunal on the Law of the Sea unanimously found that states, including New Zealand, have obligations under international law to reduce the impacts of climate change on marine areas, to apply an ecosystem approach to marine law and policy, reduce pollution and support the restoration of the ocean.

    New Zealand courts have recognised the need to take a precautionary and ecosystem-based approach to marine management, based on science, tikanga and mātauranga Māori. These legal cases are part of a global upswell of strategic environmental and climate litigation.

    If New Zealand does not comply with these marine legal obligations, it may well find itself before the courts, incurring significant legal and reputational costs.

    New Zealand committed to protecting at least 30% of the world’s coastal and marine areas by the end of this decade.
    Getty Images

    International agreements

    In 2022, New Zealand was one of 196 countries that committed to protecting at least 30% of the world’s coastal and marine areas by 2030 under the Global Biodiversity Framework. New Zealand was an enthusiastic supporter, but only 0.4% of its marine territory is fully protected in no-take marine reserves.

    Former prime minister Helen Clark has criticised the current government for lagging behind on marine protection, especially in failing to ban bottom trawling.

    At this week’s UN ocean summit, a further 18 countries have ratified an agreement known as the High Seas Treaty, bringing the total to 50, still short of the 60 nations needed for it to enter into force.

    New Zealand signed this treaty just before the last general election, but is yet to ratify it. Foreign Minister Winston Peters represented New Zealand at the UN ocean conference, but focused mainly on issues in the Pacific.

    Meanwhile, the government announced sweeping changes to the national direction on environmental policy, including reworking the New Zealand Coastal Policy Statement to better enable the use and development of the coastal environment for “priority activities” such as aquaculture, resource extraction, infrastructure and energy.

    Oceanic environmental change is real and accelerating

    Some countries showed that effective leadership can help navigate to a safe future for the oceans. For example, China’s commitment to clean energy has seen carbon dioxide emissions begin to fall for the first time despite higher power consumption.

    At the UN ocean summit, French Polynesia’s president announced his administration would establish one of the world’s largest networks of marine protected areas.

    The cost of inaction far outweighs the economics of the status quo. Ongoing ocean warming is already affecting weather patterns, with more extreme storms.

    It is possible for marine ecosystems to recover quite rapidly if they are protected, at least temporarily. Yet this year, New Zealand’s government found itself in hot water (once again) with both conservationists and Māori for its management of fisheries.

    We argue New Zealand has an opportunity and responsibility to demonstrate it can shift the downward spiral of oceanic degradation.

    The overwhelming message at the half-way point of the UN Ocean Decade is that for marine science to transform the state of our oceans it needs to include Indigenous peoples who have routinely been sidelined from ocean policy discussions despite their longstanding rights and relationships with the ocean.

    New Zealand already has a foundation of transdisciplinary and Indigenous ocean research to develop ocean policies that are fit for local purposes and to answer global calls to action. We have a unique window of opportunity to lead the changes needed.

    Conrad Pilditch currently receives funding from the Department of Conservation and the Ministry for Business, Innovation and Employment.

    Elizabeth Macpherson receives funding from Te Apārangi The Royal Society.

    Karin Bryan receives funding from the Marsden Fund, the Ministry for Business, Innovation and Employment, the George Mason Centre for the Natural Environment and Waikato Regional Council.

    Simon Francis Thrush receives funding from ERC, Ministry for Business, Innovation and Employment and the Auckland Foundation

    Joanne Ellis, Karen Fisher, and Rachael Mortiaux do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. NZ has a vast sea territory but lags behind other nations in protecting the ocean – https://theconversation.com/nz-has-a-vast-sea-territory-but-lags-behind-other-nations-in-protecting-the-ocean-258470

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: Pulse Announces a $13.5 Million Seismic Data License Sale and Provides Revenue Update

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 12, 2025 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to announce the sale of a significant seismic data license, valued at $13.5 million.

    On a preliminary basis, second quarter revenue to date approximates $17.2 million, including the license announced today. This brings year-to-date total licensing revenue to $40.0 million, reflecting an increase of 66% compared to the last three years average annual revenue.

    “I am pleased to announce this seismic data license sale,” stated Neal Coleman, Pulse’s President and CEO. “The sale delivers a strong contribution to the Company’s financial performance, particularly in terms of EBITDA and shareholder free cash flow. Our favourable financial outlook is underpinned by the Company’s low-cost operating structure and strong EBITDA margin generation,” he added. “The Company’s year-to-date performance reflects the continued execution of our strategic vision and highlights the strength of our business model which continues to position us for sustained value creation for our stakeholders,” concluded Coleman.

    The Company’s regular quarterly dividend was increased by 17% in the first quarter of 2025. This increase brings the annualized dividend to $0.07 per share, representing an estimated annual distribution to shareholders of approximately $3.6 million, based on the 50,755,057 common shares currently outstanding. Year-to-date, the Company has declared and paid total dividends of $0.2325 per share, including two regular quarterly dividends and a special dividend of $0.20 per share. The total return of capital to shareholders through dividends paid to date in 2025 is $11.8 million.

    These figures are preliminary and have not yet been audited or reviewed by our auditors. The Company will release its second quarter 2025 financial results on July 22, 2025, after markets close.

    Pulse’s data library provides extensive seismic coverage critical for today’s data focused exploration and development companies throughout Western Canada. Significant quarterly and annual fluctuations in data sales are intrinsic to the seismic data library business. The Company remains focused on maintaining a strong balance sheet, a low-cost structure and providing excellent customer care.

    CORPORATE PROFILE

    Pulse is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector. Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic. The library extensively covers the Western Canada Sedimentary Basin where most of Canada’s oil and natural gas exploration and development occur.

    For further information, please contact:

    Neal Coleman, President and CEO
    Or
    Pamela Wicks, VP Finance and CFO

    Tel.: 403-237-5559
    Toll-free: 1-877-460-5559
    E-mail: info@pulseseismic.com.
    Please visit our website at www.pulseseismic.com

    PDF available: http://ml.globenewswire.com/Resource/Download/4a06a1fb-e68e-4b74-8e2a-b3fd6b446110

    The MIL Network

  • MIL-OSI USA: Senator Markey, Health, Labor Leaders, Educators, Climate Advocates Host Virtual Teach-In on Trump Administration’s Cuts to Critical Funding

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey

    Health Care and Food Justice Cuts | Climate and Education Cuts

    Washington (June 12, 2025) – Senator Edward J. Markey (D-Mass.), a member of the Health, Education, Labor, and Pensions (HELP) Committee and the Environment and Public Works Committee, yesterday hosted virtual teach-ins on Republicans’ proposed cuts to health care, food security, education, and climate initiatives as part of their Big Billionaire Bill (also called budget reconciliation). Senator Markey, Representative Summer Lee (PA-12), and advocates discussed how these cuts would mean people lose their jobs, their health care, their ability to feed their families, and put the future of our country at risk—all to guarantee tax breaks for billionaires. The budget bill is currently being debated by Senate Republicans after House Republicans passed the Big Billionaire Bill in May.

    “It’s simple: Republicans want to rip health care from 16 million people, tear food away from hungry families, cut off access to education for working class Americans, kill jobs, raise energy bills, and slash efforts to make our air and water cleaner– all to pay for tax cuts for billionaires. They want to do this through hard-to-understand processes, back-room negotiations, and by lying to the American public about what these cuts will do,” said Senator Markey. “I am using every opportunity I can to guarantee people know Republicans are voting against their livelihoods, their lives, and their future if they support this bill. We have the power to stop these cuts. We cannot agonize – we must organize to end this big billionaire boondoggle once and for all. Our future depends on it.”

    “There’s nothing beautiful about forcing families to choose between taking their kids to the doctor or feeding them—but that’s exactly what this budget bill would do if it lands on Trump’s desk. Drastic cuts to healthcare like Medicaid and food assistance like SNAP will hurt millions of people in Western Pennsylvania and across the country,” said Representative Lee. “The power of the people is always greater than the people in power, and in this moment, we must all use our power to pressure Republicans to vote no and put the people first—not the billionaires, not the corporate profiteers, and not the oligarchs in the White House. Lives literally depend on it.”

    “The Republican agenda is clear: raise costs on hardworking families and rip coverage away from millions. If they are successful in making the largest cuts to health care in history, 16 million Americans will lose coverage, all to fund tax breaks for billionaires and big corporations. These Republican attacks on Americans’ health care are as extreme as they are unpopular, and we must do everything we can to stop them from wreaking havoc on this country’s health care system. No one should lose access to life-saving care and coverage just so the ultra-rich can pay less in taxes,” said Anne Shoup, Senior Advisor, Protect Our Care.

    “The Senate must vote ‘NO’ on any budget bill that cuts or weakens SNAP and takes food away from millions of children, older adults, and people with disabilities. Period,” said Salaam Bhatti, SNAP director at the Food Research & Action Center (FRAC). “SNAP is one of the most effective programs out there, fueling the health and well-being of families, as well as our economy. Simply put, a strong and productive country is only possible when everyone has access to food. We urge Senators to oppose any cut to SNAP and instead work towards building a nation free from hunger.”

    “I’ve seen the faces of the people this bill will hurt. I think about the mothers trying to stretch every dollar to keep the lights on, the laid-off workers who need help to get back on their feet, the kids who will go without health care, and the retirees who will go to bed hungry because they can’t afford groceries,” said Zab Martinez, an AFSCME member and Medicaid and SNAP eligibility specialist from Dane County, Wisconsin. “We cannot let this bill pass. I urge you to speak up, write your senators, and demand that they stand with working families, not for billionaire tax giveaways.”

    “Republicans’ Billionaire Tax Scam will take health care away from millions, food out of the mouths of children, and raise costs for everyday families all to give trillions in tax breaks to the wealthy and large corporations. This is a dangerous and irresponsible piece of legislation designed to benefit the richest Americans, while everyday families suffer – and we are going to continue to uplift the voices of the bipartisan majority of Americans who overwhelmingly oppose this harmful bill,” said Michael Linden, Director of Families Over Billionaires.

    “Why would Republicans in Washington gut the basic needs kids and disabled Americans rely on to get by when the cost of groceries and housing are going up? To give the wealthy a tax break. It’s an outrage, which is why over 60% of Americans who hear anything about congressional Republican’s Big Beautiful Betrayal hate it. Now is the time for citizens to learn the consequences of the congressional Republican plan and spread the word so we can stop this Medicaid massacre dead in its tracks,” said Joe Radosevich, Counselor at the Center for American Progress (CAP).

    “Rather than protect Medicare and Medicaid, this bill cuts them, denying healthcare to 14 million people. Rather than strengthen public education, it weakens it. Rather than feeding poor families, it rips food out of their mouths. Education is an opportunity agent, and federal supports should not be used as a piggy bank to defund our already underfunded public schools. The bill includes $20 billion for a reckless school voucher program in the guise of a tax shelter for the well-off. Vouchers syphon crucial funds away from public schools into private hands. They are directly responsible for some of the largest student achievement drops ever recorded and mostly go to parents with kids already in private school,” said Randi Weingarten, President of the American Federation of Teachers (AFT).

    “We have 1,600 workers at Ultium and their jobs are going to be at risk. These are good UAW jobs making $30 an hour, and this bill is going to threaten that. It could have a dramatic impact on the auto industry, on dozens of investments across the entire country,” said David Green, Director of United Auto Workers (UAW) Region 2B. “If we don’t use our voices, they’re going to continue to take them away from us. And we have to fight for what’s right. And I am always going to be on the front line fighting for good union jobs with benefits because that’s how we move this country forward and that’s how we build the middle class.”

    “The energy tax credits on the chopping block during this budget reconciliation process have been utilized by school districts all over the country to install renewable energy projects from roof-top solar arrays to ground-source heat pumps, saving millions of tax-payer dollars on utility bills. These savings can be used to increase teacher salaries and build resilience in communities as schools produce their own power and lighten the load on the energy grid, all while moving us toward a more equitable future powered by clean, renewable energy. In Nevada alone, Washoe County School District is set to receive a $1.7 million check for just one school and Clark County School District, the nation’s 5th largest, has at least five solar eligible projects, including an array on Northeast Career and Technical Academy that is also training future solar installers.  Please urge your Senators to save energy tax credits in their version of the budget reconciliation bill,” said Liz Becker, IRA Campaign Coordinator of the Progressive Leadership Alliance of Nevada (PLAN).

    “The big bad boondoggle bill puts West Virginian communities, especially those most vulnerable to pollution, at risk. With cuts to programs that would facilitate a fair economic transition in Appalachia, such as a grant program to replace gas vehicles with electric vehicles and clean energy tax credits, West Virginians are losing out on the chance for safe and good-paying jobs. Furthermore, cuts to air monitoring, greenhouse gas emission data collection, and environmental review resources make our communities less safe and informed about the air we breathe and the water we drink. West Virginians have suffered with generations of corporate pollution and economic exploitation, and this bill would roll back a critical chance to escape the cycle of environmental injustice on which this country was built,” said Dani Parent, Co-executive Director of West Virginia Citizen Action.

    MIL OSI USA News

  • MIL-OSI New Zealand: Speech to Hospitality NZ Conference

    Source: New Zealand Government

    Good morning, 

    Thank you for inviting me to address the Hospitality Conference 2025 right here in Wellington today. I would like to begin by acknowledging:  

     

    • Nick Keene, National President of Hospitality New Zealand, 
    • Steve Armitage, Chief Executive of Hospitality New Zealand,
    • members of your Board, and 
    • the members of your team who keep it all running.  

     

    Thank you for the opportunity to be with you here today, to celebrate your success as an industry, and to share what has come through strongly – about how I – and the Government – can support you, our hard-working hospitality industry.  

       

    The last time I saw some of you, I was impressed by the ideas for reform coming from the inaugural Hospitality Summit – that was hosted at Parliament – in December. You made clear   your calls for levelling the playing field with off-licences – simplifying the complexities of licensing – and ensuring we support hospitality businesses to innovate and grow.  

     

    You’ve also made your opinions clear – through other channels – in conversations directly with me – in submissions to Councils – and in your submissions on central government law reform. You have spoken – a lot – and I have been and still am – listening. 

     

    This conference is another opportunity for our nation’s hospitality leaders, innovators, and operators to come together.  It is therefore an honour as the Minister responsible for alcohol policy, to outline some of the Government’s work for the sector.  I am here to reflect back what you have shared – and to talk about how we intend to respond. 

    As you heard earlier from my ministerial colleague, Hon Louise Upston – Minister for Tourism and Hospitality – this Government is focused on growth.  The hospitality and events sector contributes billions to our economy every year.  We know that tourism and hospitality    are areas where there is potential to grow our economy    and increase employment.   

     

    You’ve made it clear that smart changes to our current settings could make it easier to do business – run events – and drink responsibly.   I share your views that supporting a safe consumption environment brings both social and commercial benefits.  

     We know that most New Zealanders do drink responsibly, that going out for dinner with a friend,   going to a festival,   or getting a bottle of wine to enjoy at home – that is part of Kiwi culture, and rightly so. That demand is great for business, great for our culture sector, and great for fostering innovation.  

    I am cognisant of the fact that – at the same time – we need to keep New Zealanders safe. You will have seen that this government is committed to reducing violent crime.  On this front, the Hon Paul Goldsmith and I announced a Ministerial Advisory Group for victims of retail crime last year.  That group has already come back to us with a package of reforms which will give Kiwi businesses additional tools to deal with those who are robbing them of their livelihood and economic growth.

     

    We know that your industry has felt the effects of crime – that crime is bad for business and that it’s bad for the people making their way to and from    your business. 

    With this in mind, I’m carefully considering what would make the alcohol space safe for everybody.      However, crafting a considered – coordinated approach takes work – and I am still working through that –      but I want to outline a few key themes that have emerged from our ongoing dialogue:

     

    First, we need to provide more consistency and certainty for events.   

     

    Events are also a big part of the hospitality sector with huge benefits to your businesses – the economy at large – and to the people attending them.  

     

    You’ve raised concerns that special licensing can be inconsistent, and that it’s not always transparent to you why some conditions are required or not.  I am considering a better approach in this area, one that could recognise the range of events and their characteristics.   

     

    Variation will always be a part of this landscape, but I have asked for advice about how to be more consistent and transparent.  You’ve told us that dealing with multiple local Councils provides extra complexity – especially when touring an event    or artist    in multiple towns around the country – so I’m thinking about that too. 

     You’ve also expressed frustration – about the time-consuming process that central Government takes to pass licence exemptions for televised events like the Rugby World Cup. These are exciting events where we want to host both tourists and encourage New Zealanders to come out and celebrate together.  I’m looking at how we can streamline the process to make that happen without the usual rigmarole around getting an exemption.   

     

    Secondly, the process of getting and keeping a liquor licence should be easier. 

     

    Getting an alcohol licence is an important step obviously – for you, but it contributes to the outcomes we all want – everyone enjoying their night out, drinking responsibly – with you.  But I am aware that there are frustrations with the process, and I’m working on clearing the path and making it fairer for all.   

     

     You need a licensing process that is balanced – that can hear the right voices and take into account what the community wants.  That includes the business community – especially small businesses.   

     

    Keeping your licences – is just as important as getting them. I have heard your concerns that changes in the way local councils considers alcohol policy can create uncertainty for you.  However, we also recognise that it’s important for local communities to make the rules for their communities and not central government – but the rules must be fair, and evidence based if it is to quell harm. I’m thinking about how we can find solutions that work for everyone, I expect we will need to meet in the middle on some things – but certainty for businesses and safe communities are a goal. 

     

     Third, we need to keep everyone safe. 

     

    The hospitality industry is about people, and ensuring people are welcome and safe is what you do for a living. I know that the safety of your patrons, and your staff, is paramount.  If it wasn’t your businesses would fail. 

     

    Crime and harm will ruin a good night, and even a life, whether it’s out on Courtney Place, K-Road, or in their own homes.   Our festivals and events aren’t fun – if people get hurt. A safe society is a prosperous society.  

     

    I’m thinking about that too in our alcohol policy, about whether I need to change anything to drive down the violent crime which is causing harm in our communities. 

     

     Lastly, innovation should be supported. 

     

    Operating in a regulatory regime can mean that the law isn’t keeping up    with the innovative practice   shown by business.  The country needs businesses which use new ideas, knowledge and technology to develop better ways of doing things to help the New Zealand economy grow.  

     

    Reducing the regulatory burden on you means you can invest more in technology and innovation to diversify the economy – and, more importantly – give your customers a   good   time.  You’ve made it clear that you want to do things differently – that there are products and ways of working that you want to try.  And I reckon that consumers want that too!  

     

    For example, you will see today the work that the Department of Internal Affairs has done to get a framework for digital identity credentials up and running.  

     

    Five years ago we were only dreaming about the possibility of digital ID – but we are starting to see a shift to embracing technological solutions – and this government is serious about using these technologies. It’s important our regulatory systems keep up with this kind of innovation and encourage uptake, to make it easier for you to do business. 

     

    Finally, I want you to know – that the Government and I – are listening.  Even targeted, specific interventions are important for the businesses they effect.  You will have heard about the changes the Minister for Regulation is making to hairdressing and barber regulations, as an example.  

     

    I can think about some of the issues you’ve raised with me in this same way. No problem – nor business – is too small. 

      

    The feedback you’ve provided about regulatory barriers holding back innovation – is front of mind for me.  Where we can make changes easily, we should.  Where challenges are more complex, we will work together – to navigate them. 

     

    I reckon that I want many of the same things you do, and I’m appreciative of the concerns and successes you’ve shared with me to date.  You have identified the problems – and I am working on some of the solutions for you. 

     

    Thank you for inviting me here today – I’ve enjoyed the opportunity to discuss my thoughts with you.  I look forward to future discussions and encourage you all to keep going – momentum will build as our economy continues to grow – keep doing your amazing work. 

     

    I understand there is now some time for questions. 

     

    MIL OSI New Zealand News

  • MIL-OSI Security: East Granby Woman Admits $1.1 Million Pandemic Relief Program Scheme

    Source: United States Department of Justice (National Center for Disaster Fraud)

    David X. Sullivan, United States Attorney for the District of Connecticut, and Harry Chavis, Special Agent in Charge of IRS Criminal Investigation in New England, announced that KAREN GASTON, 44, of East Granby, waived her right to be indicted and pleaded guilty today before U.S. District Judge Sarah F. Russell in New Haven to offenses stemming from a scheme to defraud COVID-19 pandemic relief programs of more than $1.1 million.

    In March 2020, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act provided emergency financial assistance to Americans suffering the economic effects caused by the COVID-19 pandemic.  One source of relief provided by the CARES Act was the authorization of forgivable loans to small businesses for job retention and certain other expenses through the Paycheck Protection Program (“PPP”).  The PPP was overseen by the U.S. Small Business Administration (“SBA”), and individual PPP loans were issued by private lenders, which received and processed PPP applications and supporting documentation, and then made loans using the lenders’ own funds, which were guaranteed by the SBA.  The CARES Act also authorized SBA to distribute Economic Injury Disaster Loans (“EIDLs”), which provided working capital to eligible small businesses, including sole proprietors, to meet operating expenses.

    According to court documents and statements made in court, in 2020, Gaston controlled certain entities including LNK, Elegant Clinical, Ruby Red LLC, and Diamond Shine LLC.  LNK and Diamond Shine LLC were operational, but shared resources and employees.  Ruby Red LLC had only one client and Gaston was its sole employee.   Elegant Clinical was no longer operational.  Beginning in approximately April 2020, Gaston submitted loan applications to the PPP and EIDL programs that falsely represented the status of the operations, resources, and employees of these entities.  She also filed loan applications at separate financial institutions in order to disguise the true nature of her criminal activity.

    Specifically, Gaston’s loan applications falsely represented that her businesses were all active and operating concerns; falsely represented the number of employees and the amount of wages purportedly paid by the businesses; included copies of fraudulent tax returns and tax related documents; and falsely represented that a family member, used as an applicant on an application, was a part owner of one of her entities.

    Gaston received $1,163,910 in PPP and EIDL loan funds through this scheme.  Instead of using the funds for payroll or other operating expenses, she spent the money on personal expenditures, including travel, food, luxury home goods, expensive jewelry, cars, and paying off her home mortgage.

    Gaston pleaded guilty to wire fraud, which carries a maximum term of imprisonment of 20 years, and making illegal monetary transactions, which carries a maximum term of imprisonment of 10 years.

    Gaston has agreed to make full restitution.  She also has agreed to the forfeiture of a ring she purchased in July 2020 from the jeweler Harry Winston for $39,521.63.

    Gaston is released on a $100,000 bond pending sentencing, which is not scheduled.

    This investigation has been conducted by the Internal Revenue Service, Criminal Investigation Division.  The case is being prosecuted by Assistant U.S. Attorney Michael S. McGarry.

    Individuals with information about allegations of fraud involving COVID-19 are encouraged to report it by calling the Department of Justice’s National Center for Disaster Fraud Hotline at 866-720-5721, or via the NCDF Web Complaint Form at: https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    MIL Security OSI

  • MIL-OSI USA: Durbin Hears From CEO Of SSM Health Health About Impacts Of Medicaid Cuts In Republicans’ Reconciliation Package

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin

    June 12, 2025

    WASHINGTON – U.S. Senate Democratic Whip Dick Durbin (D-IL) spoke by phone with the CEO of SSM Health, Laura Kaiser, to discuss the impact that President Trump’s and congressional Republicans’ One Big Beautiful Bill Act will have on Medicaid, their hospitals, and the patients they serve. In short, the Republican bill will slash Medicaid coverage in order to pay for significant tax breaks for billionaires. In addition to serving the people of Illinois, SSM Health also has hospitals in Missouri, Wisconsin, and Oklahoma.

    The One Big Beautiful Bill Act cuts $800 billion from Medicaid and $300 billion from the Affordable Care Act (ACA), resulting in 16 million Americans losing health insurance coverage. Under the Republican bill, 498,674 people in Illinois, 250,397 people in Missouri, 199,430 people in Oklahoma, and 258,396 people in Wisconsin are projected to lose their health insurance coverage.

    “President Trump and congressional Republicans are coming for your health care to pay for tax cuts for billionaires. It’s as cruel as that,” said Durbin. “It doesn’t matter if you live in a red or blue state—16 million Americans will lose health coverage and hospitals will suffer as I discussed with SSM Health. These hospitals don’t just represent Illinoisans—they also serve the people of Missouri, Wisconsin, and Oklahoma. During our call, we discussed the horrible impacts this bill will have on their patients, especially children and in rural areas. I hope the Missouri and Oklahoma Senators as well as the senior Senator of Wisconsin will do the right thing for these hospitals and the people they represent and reject this cruel bill.”

    Under the One Big Beautiful Bill Act:

    1. Patients must first report their employment to obtain Medicaid coverage resulting in difficulties navigating the bureaucratic mess of hastily crafted verification systems.
    1. It halts provider taxes used by 49 states including Illinois to draw down a federal match to finance the Medicaid program—this provision blocks new or increased provider taxes, which will harm access to all patients in urban and rural hospitals.  
    1. It increases co-pays for Medicaid beneficiaries for doctor visits and prescriptions and allows providers to refuse to see patients who fail to pay—resulting in low-income patients forgoing care.
    1. And it fails to extend the enhanced premium tax credits for purchasing insurance on the exchange. These tax credits make insurance more affordable and resulted in the uninsured rate reaching a record low under President Biden. 

    -30-

    MIL OSI USA News

  • MIL-OSI USA: SBA Offers Relief to Kansas Small Businesses and Private Nonprofits Affected by Drought

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Kansas to offset economic losses caused by drought beginning March 18.

    The disaster declaration covers the Kansas counties of Clark, Comanche, Ford, Gray, Haskell, Kiowa, Meade and Seward as well as the Oklahoma counties of Beaver and Harper.

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

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

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

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.62% for PNPs with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months after the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

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

    Submit completed loan applications to SBA no later than Feb. 2, 2026.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News

  • MIL-OSI Security: USAID Official and Three Corporate Executives Plead Guilty to Decade-Long Bribery Scheme Involving Over $550 Million in Contracts; Two Companies Admit Criminal Liability for Bribery Scheme and Securities Fraud

    Source: United States Attorneys General 1

    Four men, including a government contracting officer for the United States Agency for International Development (USAID) and three owners and presidents of companies, have pleaded guilty for their roles in a decade-long bribery scheme involving at least 14 prime contracts worth over $550 million in U.S. taxpayer dollars.

    • Roderick Watson, 57, of Woodstock, Maryland, who worked as a USAID contracting officer, pleaded guilty to bribery of a public official;
    • Walter Barnes, 46, of Potomac, Maryland, the owner and president of PM Consulting Group LLC doing business as Vistant (Vistant), a certified small business under the U.S. Small Business Administration (SBA) 8(a) contracting program, pleaded guilty to conspiracy to commit bribery of a public official and securities fraud;
    • Darryl Britt, 64, of Myakka City, Florida, the owner and president of Apprio, Inc. (Apprio), a certified small business under the SBA 8(a) contracting program, pleaded guilty to conspiracy to commit bribery of a public official; and
    • Paul Young, 62, of Columbia, Maryland, the president of a subcontractor to Vistant and Apprio, pleaded guilty to conspiracy to commit bribery of a public official.

    In addition, Apprio and Vistant, both of which contracted with USAID, have agreed to admit criminal liability and enter into three-year deferred prosecution agreements (DPAs) in connection with criminal informations filed today in the District of Maryland. As part of these resolutions, both Apprio and Vistant admitted to engaging in a conspiracy to commit bribery of a public official and securities fraud. The DPAs entered into with Apprio and Vistant require each company to, among other obligations, provide ongoing cooperation with and disclosures to the Justice Department, implement a compliance and ethics program, and report to Justice Department regarding remediation and implementation of these compliance measures.

    “The defendants sought to enrich themselves at the expense of American taxpayers through bribery and fraud,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “Their scheme violated the public trust by corrupting the federal government’s procurement process. Anybody who cares about good and effective government should be concerned about the waste, fraud, and abuse in government agencies, including USAID. Those who engage in bribery schemes to exploit the U.S. Small Business Administration’s vital economic programs for small businesses — whether individuals or corporations acting through them — will be held to account.” 

    “Watson was entrusted to serve the interests of the American people — not his own — and his criminal actions for his own personal gain undermine the integrity of our public institutions,” said U.S. Attorney Kelly O. Hayes for the District of Maryland. “Public trust is a hallmark of our nation’s values, so corruption within a federal government agency is intolerable. This office, along with our law enforcement partners, will continue to pursue and prosecute corruption at every level to ensure accountability and protect public trust.”

    “The guilty pleas reflect the FBI’s unwavering commitment to holding accountable all those who abuse the authority and responsibility of public service,” said FBI Criminal Investigative Division Acting Assistant Director Darren Cox. “The actions of the defendants in this scheme serve to erode public trust. The FBI is focused on rebuilding this trust and protecting American taxpayers from corruption through investigations such as these.”

    “Corruption in government programs will not be tolerated. Watson abused his position of trust for personal gain while federal contractors engaged in a pay-to-play scheme,” said Acting Assistant Inspector General for Investigations Sean Bottary of the USAID Office of Inspector General (USAID-OIG). “USAID-OIG is firmly committed to rooting out fraud and corruption within U.S. foreign assistance programs. Today’s announcement underscores our unwavering focus on exposing criminal activity, including bribery schemes by those entrusted to faithfully award government contracts. We appreciate our longstanding partnership with the Department of Justice in holding accountable those who defraud American taxpayers.”    

    “Watson exploited his position at USAID to line his pockets with bribes in exchange for more than $550 million in contracts. While he helped three company owners and presidents bypass the fair bidding process, he was showered with cash and lavish gifts,” said Chief Guy Ficco of IRS Criminal Investigation (IRS-CI). “Through its financial crime investigations, IRS-CI works to protect taxpayer dollars and ensure government funds are awarded based on merit — not corruption. In close coordination with our law enforcement partners, IRS-CI helped put an end to their greed and criminal conduct. Now, Watson and his co-conspirators will face justice.”

    Overview of Bribery Scheme

    According to court documents, beginning in 2013, Watson, while a USAID contracting officer, agreed with Britt to receive bribes in exchange for using Watson’s influence to award contracts to Apprio. As a certified small business under the SBA 8(a) contracting program, which helps socially and economically disadvantaged businesses, Apprio could access lucrative federal contracting opportunities through set-asides and sole-source contracts exclusively available to eligible contractors without a competitive bid process.

    Vistant was a subcontractor to Apprio on one of the contracts awarded through Watson’s influence. After Apprio graduated from the SBA 8(a) program and it was no longer eligible to be a prime contractor for new contracts with USAID under this program, the scheme shifted so that Vistant became the prime contractor and Apprio became the subcontractor on USAID contracts awarded through Watson’s influence between 2018 and 2022.

    During the scheme, Britt and Barnes paid bribes to Watson that were often concealed by passing them through Young, who was the president of another subcontractor to Apprio and Vistant. Britt and Barnes also regularly funneled bribes to Watson, including cash, laptops, thousands of dollars in tickets to a suite at an NBA game, a country club wedding, downpayments on two residential mortgages, cellular phones, and jobs for relatives. The bribes were also often concealed through electronic bank transfers falsely listing Watson on payroll, incorporated shell companies, and false invoices. Watson is alleged to have received bribes valued at more than approximately $1 million as part of the scheme.

    In exchange for the bribe payments, Watson influenced the award of contracts to Apprio and Vistant by manipulating the procurement process at USAID through various means, including recommending their companies to other USAID decisionmakers for non-competitive contract awards, disclosing sensitive procurement information during the competitive bidding process, providing positive performance evaluations to a government agency, and approving decisions on the contracts, such as increased funding and a security clearance.

    Apprio and Vistant also agreed to resolve concurrently with the Justice Department in its separate Civil False Claims Act investigations relating to the bribery scheme.

    Overview of Vistant Securities Fraud Scheme

    According to court documents, in 2022, Barnes and Watson defrauded a licensed small business investment company (SBIC), in furtherance of the bribery scheme, by inducing it into executing a credit agreement with Vistant. Through the credit agreement, Barnes caused Vistant to issue stock warrants that, if exercised, would result in the SBIC having a 40% equity stake in Vistant. The credit agreement also provided for a $14 million loan to Vistant from which Barnes could pay himself a $10 million dividend. Prior to executing the credit agreement, Watson agreed at Barnes’s request to speak with the SBIC about Vistant’s performance as a government contractor on USAID contracts. When speaking with the SBIC, Watson omitted that Barnes had bribed Watson to obtain USAID contracts for years. Watson’s endorsement of Vistant thereafter induced the SBIC to enter into the credit agreement with Barnes.

    Overview of Apprio Securities Fraud Scheme

    According to court documents, in 2023, Apprio, acting through Britt, engaged in a scheme in which Apprio fraudulently induced a private equity firm, which had an investment pool that was licensed as a SBIC, to purchase from Apprio’s parent company a 20% equity stake in the company for $4 million and simultaneously extend it a $4 million loan secured by shares of Apprio stock. In addition to making false material representations in the stock purchase and loan agreements, Britt intentionally omitted during his negotiations the material fact that he had bribed Watson for years, which was intended to deceive and induce the private equity company into executing the agreements.

    Deferred Prosecution Agreements with Apprio and Vistant

    The Justice Department reached its resolution with Apprio based on several factors, including Apprio’s credit for clearly accepting responsibility for its criminal conduct, fully cooperating in the investigation and engaging in timely remedial measures. Based on these factors, the criminal penalty calculated under the U.S. Sentencing Guidelines reflects a 10% reduction off the bottom of the applicable Guidelines fine range pursuant to the Criminal Division Corporate Enforcement and Voluntary Self-Disclosure Policy (CEP). According to court documents, Apprio agreed that the appropriate criminal penalty based on the law and facts in its case is $51,673,185; however, Apprio also met its burden of establishing an inability to pay the criminal penalty sought. Based on the Justice Department’s independent analysis, it determined that paying a criminal penalty and civil settlement greater than $500,000 would substantially threaten the continued viability of Apprio. Accordingly, the Justice Department determined that the appropriate resolution of this case is a DPA and a payment of $500,000 in a civil settlement.

    Similarly, the Justice Department reached its resolution with Vistant based on a number of factors, including Vistant’s credit for clearly accepting responsibility for its criminal conduct and cooperating with the investigation. Although Vistant’s cooperation was initially delayed and limited, Vistant began to fully cooperate thereafter. Vistant also received credit for engaging in timely remedial measures. Based on these factors, the penalty calculated under the Guidelines reflects a 5% reduction off the bottom of the applicable Guidelines fine range pursuant to the CEP. Vistant agreed that the appropriate criminal penalty based on the law and facts in its case is $86,407,740; however, Vistant also met its burden of establishing an inability to pay the criminal penalty sought. Based on the Justice Department’s independent analysis, it determined that paying a criminal penalty and civil settlement greater than $100,000 would substantially threaten the continued viability of Vistant. Accordingly, the Justice Department determined that the appropriate resolution of this case is a DPA and a payment of $100,000 in a civil settlement.

    Watson is scheduled to be sentenced on Oct. 6, and faces a maximum penalty of 15 years in prison. Young is scheduled to be sentenced on Sept. 3 and faces a maximum penalty of five years in prison. Britt is scheduled to be sentenced on July 28 and faces a maximum penalty of five years in prison. Barnes is scheduled to be sentenced on Oct. 14 and faces a maximum penalty of five years in prison.

    The FBI, USAID-OIG, and IRS-CI are investigating the cases.

    Trial Attorneys Matt Kahn and Brandon Burkart of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Patrick D. Kibbe for the District of Maryland are prosecuting the cases. 

    MIL Security OSI

  • MIL-Evening Report: US Army’s image of power and flag-waving rings false to Gen Z weary of gun violence − and long-term recruitment numbers show it

    Source: The Conversation (Au and NZ) – By Jacob Ware, Adjunct Professor of Domestic Terrorism, Georgetown University

    A recruit participates in the Army’s future soldier prep course at Fort Jackson in Columbia, S.C., on Sept. 25, 2024. AP Photo/Chris Carlson

    The U.S. Army will celebrate its 250th birthday on Saturday, June 14, 2025, with a parade in Washington, D.C., in which about 6,600 soldiers and heavy pieces of military equipment will roll through the streets. The parade aims to display the Army’s history and power.

    “It’s going to be incredible,” President Donald Trump recently said. Trump’s 79th birthday also occurs on June 14.

    Despite the festivities, however, the parade will occur amid bleak times for the U.S. military, as it experiences a multiyear decline in recruitment numbers. In the face of a pandemic and a strong civilian job market, the Army, Air Force and Navy all missed their recruitment goals in 2022 and 2023. In 2022, the Army missed its quota by 25%.

    In 2024, the U.S. military met its recruitment target, which supports the argument that the bump is not due to Trump, as recruitment levels began to rise again before his reelection. But in some cases, the U.S. military has met its recruitment goals by lowering target numbers.

    And as a scholar of terrorism and targeted violence, I believe a close reading of available data on military recruitment suggests U.S. gun violence may be largely to blame for the lack of interest in joining the military.

    Gun violence data

    Regardless of one’s personal politics, the data on U.S. gun violence makes for painful reading.

    Almost 47,000 Americans died from gun-related injuries in 2023. In 2022, there were 51 school shootings in which students were injured or killed by guns. And gun injuries are the leading cause of death for Americans between ages 1 and 19.

    Data about the perceptions of gun violence is equally staggering, especially among American youth between ages 14 and 30.

    Four out of five American youth believe gun violence to be a problem, and 25% have endured real active-shooter lockdowns, according to data compiled by Everytown for Gun Safety, where I serve as a survivor fellow, the Southern Poverty Law Center and American University’s Polarization and Extremism Research and Innovation Lab.

    Moreover, these perceptions have considerable impacts on youth mental health and their sense of safety. Studies have linked concern over school shootings among adolescents with higher rates of anxiety and trauma-related disorders.

    As Arne Duncan, who served as President Barack Obama’s secretary of education during the Sandy Hook tragedy, said in 2023: “Unfortunately, what’s now binding young people across the country together is not joy of music, or sports, or whatever, it’s really the shared pain of gun violence – and it cuts through race and class and geography and economics.”

    National security threat

    In the past couple of years, polls taken of Generation Z youth, born between 1997 and 2012, suggest mental health and mass shootings are among the most important political issues motivating this band of voters.

    Gun violence, in other words, is a national security emergency, undermining the U.S. government’s ability to protect its citizens in their schools, places of worship and communities.

    As former Marine Gen. John Allen wrote in 2019: “Americans today are more likely to experience gun violence at home than they might in many of the places to which I deployed in the name of defending our nation.”

    U.S. Army National Guard members stand outside the Army National Guard office during training on April 21, 2022, in Washington.
    AP Photo/Mariam Zuhaib, File

    Rewriting American culture

    Accordingly, gun violence has undercut American patriotism, corroding the U.S. government’s soft power within its own borders. Generation Z, termed by some as the “lockdown generation,” is often derided as less patriotic than its predecessors.

    Surprising Gen Z Research.

    Also, the belief in American exceptionalism is dropping among millennials, born between 1981 and 1996. That perception is combined with less confidence in U.S. global engagement and the efficacy of military solutions.

    American culture has long inspired military service, with recruits seduced by action movies and promises of heroic returns to the U.S. But American culture today is being rewired into one of suffering, pain and victimhood.

    A fear of violence

    Gun violence destroys youth tolerance for the violence that defines a career in the U.S. military.

    Internal U.S. military surveys of young Americans show that “the top three reasons young people cite for rejecting military enlistment are the same across all the services: fear of death, worries about post-traumatic stress disorder and leaving friends and family — in that order.”

    Generations already suffering a shattered sense of safety and place do not see the military as a viable option.

    The explanations the U.S. Defense Department gives for dismal recruitment levels focus on the younger generation’s supposed lack of backbone or hatred of America.

    D’elbrah Assamoi, from Cote d’Ivoire, signs her U.S. certificate of citizenship after a military training ceremony at Joint Base San Antonio-Lackland, in San Antonio, Texas, in April 2023.
    Vanessa R. Adame/U.S. Air Force via AP

    Republicans, including Secretary of Defense Pete Hegseth, have blamed alleged “wokeness” for low recruitment levels.

    And the Trump administration’s statements about improving recruitment numbers over the past several months overlook both a late Biden-era surge after a pandemic slump as well as the reality that numbers remain depressed due to military services repeatedly lowering their recruitment goals.

    Very rarely are introspective questions publicly debated today about the objective attractiveness of military service or the appetite for violence among young people. The problem, I believe, is not that young people are insufficiently patriotic – it’s that they have already been fighting a war, daily, for their entire lives.

    In reversing the slide in recruitment, then, the military could improve its sensitivity to these important concerns.

    Highlighting the range of careers within the services that do not involve front-line combat and physical danger could encourage more reluctant would-be recruits to volunteer.

    Mental health support also could be made an essential element of military training and lifestyle − not a resource only for those bearing the hidden side-effects of life in the ranks. Encouraging those suffering from treatable mental health issues to seek meaning in service could also boost recruitment numbers.

    Jacob Ware is a gun violence survivor and serves as a Survivor Fellow at Everytown for Gun Safety.

    ref. US Army’s image of power and flag-waving rings false to Gen Z weary of gun violence − and long-term recruitment numbers show it – https://theconversation.com/us-armys-image-of-power-and-flag-waving-rings-false-to-gen-z-weary-of-gun-violence-and-long-term-recruitment-numbers-show-it-257090

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Reps. Lawler and Riley Introduce Bipartisan Leaps Act to Help Farmers Cut Costs, Conserve Water, and Reduce Emissions

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

    Washington, D.C. – 6/12/25… Today, Reps. Mike Lawler (NY-17) and Josh Riley (NY-19)  introduced the Leveraging Efficiency Awareness for Pumping Systems (LEAPS) Act, a commonsense, bipartisan bill to help farmers, ranchers, and aquaculture producers save money on energy costs, conserve water, and reduce carbon emissions by modernizing irrigation and water management systems.

    The legislation directs the U.S. Department of Agriculture (USDA) to provide clear, accessible information and tools to farmers on the benefits of upgrading to energy-efficient pumping systems. These systems are essential to agricultural irrigation, livestock watering, aquaculture, and waste management operations across the country.

    The LEAPS Act requires USDA to:

    • Publish user-friendly educational materials on cost and energy savings, water conservation, and emissions reductions achievable through energy-efficient pumping systems.
    • Develop an online pre-assessment tool to help farmers estimate potential energy and cost savings from upgrades.
    • Provide targeted training for USDA energy auditors on pumping system efficiency.
    • Expand USDA’s Conservation Stewardship Program to explicitly include energy-efficient pumping systems.

    According to the bill’s findings, over 600,000 irrigation pumping systems are currently in use across the United States, many of which still rely on outdated and inefficient equipment. Upgrading these systems could save farmers over $1.8 billion annually in energy costs and eliminate more than 8 million metric tons of carbon emissions each year.

    “In today’s economy, farmers are already grappling with rising input costs and increasing weather challenges,” said Congressman Lawler. “This is about using smarter tools to support the people who feed our country. By equipping farmers with the right resources, we can boost productivity, cut waste, and strengthen rural economies—all while protecting our environment.”

    “Farmers know it when their systems are outdated, but figuring out what to upgrade, how much it costs, and where to start is harder than it should be,” said Congressman Riley. “This bill gives farmers the tools they need to make smart decisions—and when they upgrade, it creates work for manufacturers right here in Upstate New York. It’s a win for our farmers, our factories, and anyone who wants Washington to actually get something done.”

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

    ###

    Full text of the bill can be found HERE.

    MIL OSI USA News

  • MIL-OSI USA: Luján, Warnock, Blunt Rochester Lead Senate Push Slamming Secretary Kennedy for Decision to Gut Nation’s Vaccine Advisory Committee and Replace Them With Vaccine Skeptics

    US Senate News:

    Source: US Senator for New Mexico Ben Ray Luján

    Washington, D.C. – Today, U.S. Senators Ben Ray Luján (D-N.M.), Raphael Warnock (D-Ga.), and Lisa Blunt Rochester (D-Del.) led a group of 19 Senate colleagues in condemning U.S. Department of Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr.’s decision to gut the Centers for Disease Control and Prevention (CDC) Advisory Committee on Immunization Practices (ACIP) and appoint several members to the committee with a documented history of anti-vaccine ideology and peddling misinformation. In the letter, the lawmakers raise the alarm on the dangers of gutting the ACIP and urge Secretary Kennedy to immediately reappoint the members of the committee he fired.

    “We are deeply concerned by your decision to fire every member of the Centers for Disease Control and Prevention (CDC) Advisory Committee on Immunization Practices (ACIP). This unprecedented action will strip Americans of the ability to make informed decisions about the benefits and risks of vaccinations — the complete opposite of ‘radical transparency’ and ‘good science,’” wrote the senators.

    The senators raised the alarm on the recent appointment of several members to the committee, “We are troubled by your recent announcement to appoint several members to the committee who have a documented history of anti-vaccine ideology and peddling misinformation. We urge you to restore legitimacy to this historically non-partisan, science-based, and data-driven committee and immediately reinstate the members of ACIP you have baselessly fired.”

    “ACIP is a longstanding, trusted national source of science- and data-backed advice and guidance on the use of vaccines to prevent and control disease. Members that serve on this committee must undergo extensive vetting and disclose any conflicts of interest. Firing every member of the committee just before their next meeting scheduled for June 25-27 eliminates the advisory board’s ability to debate and make well-informed recommendations, putting American lives at risk,” continued the senators.

    “We urge you to immediately reappoint the members of the committee that you fired and remove those that you have recently appointed that have a documented history of peddling misinformation or undermining vaccine confidence,” the senators concluded

    In addition to Senators Luján, Warnock, and Blunt Rochester, the letter was signed by U.S. Senators Angela Alsobrooks (D-Md.), Richard Blumenthal (D-Conn.), Tammy Duckworth (D-Ill.), Dick Durbin (D-Ill.), John Fetterman (D-Pa.), Ruben Gallego (D-Ariz.), Kirsten Gillibrand (D-N.Y), Martin Heinrich (D-N.M.), Mazie Hirono (D-Hawaii), Andy Kim (D-N.J.), Angus King (I-Maine), Jon Ossoff (D-Ga.), Gary Peters (D-Mich.), Jack Reed (D-R.I.), Jacky Rosen (D-Nev.), Brian Schatz (D-Hawaii), Adam Schiff (D-Calif.), Tina Smith (D-Minn.), and Peter Welch (D-Vt.).

    Read the full letter here or below:

    Dear Secretary Kennedy,

    We are deeply concerned by your decision to fire every member of the Centers for Disease Control and Prevention (CDC) Advisory Committee on Immunization Practices (ACIP). This unprecedented action will strip Americans of the ability to make informed decisions about the benefits and risks of vaccinations — the complete opposite of “radical transparency” and “good science”. We are troubled by your recent announcement to appoint several members to the committee who have a documented history of anti-vaccine ideology and peddling misinformation. We urge you to restore legitimacy to this historically non-partisan, science-based, and data-driven committee and immediately reinstate the members of ACIP you have baselessly fired.

    ACIP is a longstanding, trusted national source of science- and data-backed advice and guidance on the use of vaccines to prevent and control disease. Members that serve on this committee must undergo extensive vetting and disclose any conflicts of interest. Firing every member of the committee just before their next meeting scheduled for June 25-27 eliminates the advisory board’s ability to debate and make well-informed recommendations, putting American lives at risk. This reckless move is also happening as our nation faces the largest measles outbreak in over 30 years.

    This decision appears to be a deliberate effort to repopulate the committee with anti-vaccine demagogues and continue pushing vaccine misinformation to the American people. According to the Kaiser Family Foundation, over 80 percent of parents with children under age 18 report that their children receive routine immunizations; however, a divide based on political ideology is growing. The reality is that most Americans trust the science behind vaccines — but through inaccurate information and politicization, you are eroding the trust in vaccines.

    This is just one action of many that the Department of Health and Human Services (HHS) has recently taken to undermine vaccine confidence in the United States. Just over two weeks ago, HHS reversed the CDC recommendations on COVID-19 vaccination. This decision was made without the consultation of ACIP or CDC, narrowing recommendations to exclude healthy pregnant people despite pregnancy increasing the risk for severe infection. Just a day later, HHS announced the termination of a contract with Moderna to develop a bird flu vaccine despite warnings of a future pandemic from infectious disease doctors and public health professionals. These deliberate efforts to sow doubt in the safety and efficacy of vaccines have real consequences — people will die.

    In addition to advising everyday Americans on their health decisions, ACIP recommendations also influence whether insurance will cover certain vaccines, making them accessible to insured Americans. Furthermore, ACIP determines the vaccine recommendations for the Vaccines for

    Children program, which ensures underinsured and uninsured children across the nation can access vaccines at no cost. Without these recommendations, vaccines will become out of reach for far too many Americans. These actions contradict your written responses to questions for the record from the Senate Finance Committee, in which you said “yes” in response to a question about your commitment to ensure there are no financial barriers to accessing safe and effective vaccines.

    Vaccines are safe and effective and have significantly reduced, and in some cases entirely eliminated, disease. With recent scientific advances in mRNA technology, vaccines are becoming easier and faster to produce in addressing today’s public health crises. It is critical that ACIP maintains its ability to develop science- and data-driven recommendations on vaccination without interference from anti-vaccine ideology.

    Patient safety and transparency is at the heart of ACIP — Americans deserve the ability to make informed decisions about their health. You are stripping Americans of the freedom to choose by your recent appointments to the committee by centering anti-vaccine ideology. Therefore, we demand that you recuse your personal views on vaccines and restore the ACIP. We urge you to immediately reappoint the members of the committee that you fired and remove those that you have recently appointed that have a documented history of peddling misinformation or undermining vaccine confidence.

    Sincerely,

    MIL OSI USA News

  • MIL-OSI USA: Beatty Sponsors Bill to Break Housing Barriers So Every Student Can Succeed

    Source: United States House of Representatives – Congresswoman Joyce Beatty (3rd District of Ohio)

    Washington D.C. – Today, Congresswoman Joyce Beatty (D-OH-03), Congressman Greg Landsman (D-OH-01), Congressman Mike Lawler (R-NY-17), Congressman Don Bacon (R-NE-02), and Congressman Zach Nunn (R-IA-03) reintroduced bipartisan legislation to help vulnerable students pay for college campus housing.

     

    Congresswoman Beatty, Congressman Landsman, Congressman Lawler, Congressman Bacon, and Congressman Nunn have reintroduced the Campus Housing Affordability for Foster Youth Act – bipartisan legislation that would allow eligible students in, or formerly in, foster care as well as emancipated youth, to use the U.S. Department of Housing and Urban Development’s (HUD) Housing Choice Voice Program – known as Section 8 vouchers – to pay for college campus housing.

     

    Currently, the HUD’s Housing Choice Voucher Program cannot be used by college students, whether they live on or off campus. The Campus Housing Affordability for Foster Youth Act would allow the Secretary of Housing and Urban Development to waive requirements and provisions in the program, allowing foster care and emancipated youth to use Section 8 vouchers for college housing on college campuses.

     

    The Campus Housing Affordability for Foster Youth Act has been endorsed by the National Center for Housing and Child Welfare, National Foster Youth Institute, and the Foster Care Alumni of America.

    Congresswoman Beatty:

     

    “Every student deserves a safe place to call home and a fair shot at pursuing higher education. That’s why I’m proud to reintroduce this bipartisan legislation alongside Reps. Greg Landsman, Don Bacon, Mike Lawler, and Zach Nunn to ensure that students who are emancipated or in foster care have access to stable campus housing,” said Congresswoman Beatty. “Young Americans must overcome significant barriers to achieve the dream of higher education and economic success, and this bill helps address one of those major hurdles, giving low-income students the boost they need to thrive academically and propel their lives forward.”

    Congressman Landsman:

     

    “We have a real opportunity to change lives with this bipartisan bill. By covering housing, it removes so many barriers for these vulnerable students. They can live in a dorm, with their peers instead of feeling isolated off-campus, which can lead to better academic performance and greater success.”

     

    Congressman Lawler:

     

    “In New York, where the cost of housing is some of the highest in the country, too many students, especially those coming out of foster care and emancipated youth, are being forced to reconsider pursuing a college degree due to financial burden. This bipartisan bill helps students stay housed and in school by expanding access to HUD support. It’s a practical step that opens doors for young people who deserve a real opportunity to succeed.”

    Congressman Don Bacon:

     

    “As a foster care parent, I understand it can be challenging for foster youth students to attend college,” said Bacon. “This legislation removes restraints on college students from receiving housing assistance. With a high rate of homelessness prevalent amongst foster youth amongst youth transitioning out of foster care, this bill will help remove a barrier and ensure more foster youth can complete college. I am happy to join Rep. Landsman again on this bipartisan legislation to help foster youth.”

     

    Congressman Zach Nunn:

    “As a father and former foster parent to two wonderful girls my wife Kelly and I adopted, I’ve seen firsthand the challenges kids face aging out of the system. This bipartisan bill ensures foster youth aren’t forced to choose between safe housing and getting an education. It’s a commonsense, compassionate solution that puts our most vulnerable students on a path to success.” 

     

    Rebecca Louve Yao – CEO, National Foster Youth Institute:

     

    “Young people with lived experience in foster care have been calling for housing solutions that reflect the realities of their lives and Representative Landsman listened. This bill is a direct response to what National Foster Youth Institute program participants and other youth across the country have shared: that the lack of safe, stable housing can derail their entire educational journey. We’re proud to see their voices reflected in this legislation and grateful for leaders in Congress who are turning those voices into action.”

     

    April M. Curtis – Board Chair, Foster Care Alumni of America:

     

    “At Foster Care Alumni of America, we know first-hand how unstable housing can derail college dreams. I was homeless in college in between semesters.  The Campus Housing Affordability for Foster Youth Act will finally give students who’ve experienced foster care the year-round, affordable on-campus housing they need to stay enrolled, graduate, and build thriving futures.”

    The full text of the Campus Housing Affordability for Foster Youth Act can be found here

     

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    MIL OSI USA News

  • MIL-OSI: Draganfly Announces Closing of US$13.75 Million Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Saskatoon, SK., June 12, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced the closing of its previously announced public offering (the “Offering”) of 5,500,000 units, with each unit consisting of one common share and one warrant to purchase one common share. Each unit was sold at a public offering price of US$2.50, for gross proceeds of approximately US$13.75 million, before deducting placement agent discounts and offering expenses. The warrants have an exercise price of CA$5.0768 (or US$3.71) per share, are exercisable immediately and will expire five years following the date of issuance.

    Maxim Group LLC acted as sole placement agent for the Offering.

    Draganfly currently intends to use the net proceeds from the Offering for general corporate purposes, including to fund its capabilities to meet demand for its new products including growth initiatives and/or for working capital requirements including the continuing development and marketing of the Company’s core products, potential acquisitions and research and development.

    The Offering was made pursuant to an effective shelf registration statement on Form F-10, as amended, (File No. 333-271498) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on July 5, 2023 and the Company’s Canadian short form base shelf prospectus dated June 30, 2023 (the “Base Shelf Prospectus”). Draganfly offered and sold the securities in the United States only. No securities were offered or sold to Canadian purchasers.

    A final prospectus supplement and accompanying Base Shelf Prospectus relating to the Offering and describing the terms thereof has been filed with the applicable securities commissions in the Canadian provinces of British Columbia, Saskatchewan and Ontario, and with the SEC in the United States and is available for free by visiting the Company’s profiles on the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca or the SEC’s website at www.sec.gov, as applicable. Copies of the final prospectus supplements and accompanying Base Shelf Prospectus relating to the Offering may be obtained by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, or by telephone at (212) 895-3745 or by email at syndicate@maximgrp.com.

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

    About Draganfly

    Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a pioneer in drone solutions, AI-driven software, and robotics. With over 25 years of innovation, Draganfly has been at the forefront of drone technology, providing solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. The Company is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives.

    Media Contact
    media@draganfly.com

    Company Contact
    Cameron Chell
    Chief Executive Officer
    (306) 955-9907
    Email: info@draganfly.com

    Forward Looking Statements

    Certain statements contained in this news release may constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements, based as they are on the current expectations of management, inherently involve numerous important risks, uncertainties and assumptions, known and unknown. In this news release, such forward-looking statements include, but are not limited to, statements regarding the intended use of proceeds of the Offering. Actual future events may differ from the anticipated events expressed in such forward-looking statements. Draganfly believes that expectations represented by forward-looking statements are reasonable, yet there can be no assurance that such expectations will prove to be correct. The reader should not place undue reliance, if any, on any forward-looking statements included in this news release. These forward-looking statements speak only as of the date made, and Draganfly is under no obligation and disavows any intention to update publicly or revise such statements as a result of any new information, future event, circumstances or otherwise, unless required by applicable securities laws.‎ Investors are cautioned not to unduly rely on these forward-looking statements and are encouraged to read the Offering documents, as well as Draganfly’s continuous disclosure documents, including its current annual information form, as well as its audited annual consolidated financial statements which are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.

    The MIL Network

  • MIL-OSI Global: US Army’s image of power and flag-waving rings false to Gen Z weary of gun violence − and long-term recruitment numbers show it

    Source: The Conversation – USA – By Jacob Ware, Adjunct Professor of Domestic Terrorism, Georgetown University

    A recruit participates in the Army’s future soldier prep course at Fort Jackson in Columbia, S.C., on Sept. 25, 2024. AP Photo/Chris Carlson

    The U.S. Army will celebrate its 250th birthday on Saturday, June 14, 2025, with a parade in Washington, D.C., in which about 6,600 soldiers and heavy pieces of military equipment will roll through the streets. The parade aims to display the Army’s history and power.

    “It’s going to be incredible,” President Donald Trump recently said. Trump’s 79th birthday also occurs on June 14.

    Despite the festivities, however, the parade will occur amid bleak times for the U.S. military, as it experiences a multiyear decline in recruitment numbers. In the face of a pandemic and a strong civilian job market, the Army, Air Force and Navy all missed their recruitment goals in 2022 and 2023. In 2022, the Army missed its quota by 25%.

    In 2024, the U.S. military met its recruitment target, which supports the argument that the bump is not due to Trump, as recruitment levels began to rise again before his reelection. But in some cases, the U.S. military has met its recruitment goals by lowering target numbers.

    And as a scholar of terrorism and targeted violence, I believe a close reading of available data on military recruitment suggests U.S. gun violence may be largely to blame for the lack of interest in joining the military.

    Gun violence data

    Regardless of one’s personal politics, the data on U.S. gun violence makes for painful reading.

    Almost 47,000 Americans died from gun-related injuries in 2023. In 2022, there were 51 school shootings in which students were injured or killed by guns. And gun injuries are the leading cause of death for Americans between ages 1 and 19.

    Data about the perceptions of gun violence is equally staggering, especially among American youth between ages 14 and 30.

    Four out of five American youth believe gun violence to be a problem, and 25% have endured real active-shooter lockdowns, according to data compiled by Everytown for Gun Safety, where I serve as a survivor fellow, the Southern Poverty Law Center and American University’s Polarization and Extremism Research and Innovation Lab.

    Moreover, these perceptions have considerable impacts on youth mental health and their sense of safety. Studies have linked concern over school shootings among adolescents with higher rates of anxiety and trauma-related disorders.

    As Arne Duncan, who served as President Barack Obama’s secretary of education during the Sandy Hook tragedy, said in 2023: “Unfortunately, what’s now binding young people across the country together is not joy of music, or sports, or whatever, it’s really the shared pain of gun violence – and it cuts through race and class and geography and economics.”

    National security threat

    In the past couple of years, polls taken of Generation Z youth, born between 1997 and 2012, suggest mental health and mass shootings are among the most important political issues motivating this band of voters.

    Gun violence, in other words, is a national security emergency, undermining the U.S. government’s ability to protect its citizens in their schools, places of worship and communities.

    As former Marine Gen. John Allen wrote in 2019: “Americans today are more likely to experience gun violence at home than they might in many of the places to which I deployed in the name of defending our nation.”

    U.S. Army National Guard members stand outside the Army National Guard office during training on April 21, 2022, in Washington.
    AP Photo/Mariam Zuhaib, File

    Rewriting American culture

    Accordingly, gun violence has undercut American patriotism, corroding the U.S. government’s soft power within its own borders. Generation Z, termed by some as the “lockdown generation,” is often derided as less patriotic than its predecessors.

    Surprising Gen Z Research.

    Also, the belief in American exceptionalism is dropping among millennials, born between 1981 and 1996. That perception is combined with less confidence in U.S. global engagement and the efficacy of military solutions.

    American culture has long inspired military service, with recruits seduced by action movies and promises of heroic returns to the U.S. But American culture today is being rewired into one of suffering, pain and victimhood.

    A fear of violence

    Gun violence destroys youth tolerance for the violence that defines a career in the U.S. military.

    Internal U.S. military surveys of young Americans show that “the top three reasons young people cite for rejecting military enlistment are the same across all the services: fear of death, worries about post-traumatic stress disorder and leaving friends and family — in that order.”

    Generations already suffering a shattered sense of safety and place do not see the military as a viable option.

    The explanations the U.S. Defense Department gives for dismal recruitment levels focus on the younger generation’s supposed lack of backbone or hatred of America.

    D’elbrah Assamoi, from Cote d’Ivoire, signs her U.S. certificate of citizenship after a military training ceremony at Joint Base San Antonio-Lackland, in San Antonio, Texas, in April 2023.
    Vanessa R. Adame/U.S. Air Force via AP

    Republicans, including Secretary of Defense Pete Hegseth, have blamed alleged “wokeness” for low recruitment levels.

    And the Trump administration’s statements about improving recruitment numbers over the past several months overlook both a late Biden-era surge after a pandemic slump as well as the reality that numbers remain depressed due to military services repeatedly lowering their recruitment goals.

    Very rarely are introspective questions publicly debated today about the objective attractiveness of military service or the appetite for violence among young people. The problem, I believe, is not that young people are insufficiently patriotic – it’s that they have already been fighting a war, daily, for their entire lives.

    In reversing the slide in recruitment, then, the military could improve its sensitivity to these important concerns.

    Highlighting the range of careers within the services that do not involve front-line combat and physical danger could encourage more reluctant would-be recruits to volunteer.

    Mental health support also could be made an essential element of military training and lifestyle − not a resource only for those bearing the hidden side-effects of life in the ranks. Encouraging those suffering from treatable mental health issues to seek meaning in service could also boost recruitment numbers.

    Jacob Ware is a gun violence survivor and serves as a Survivor Fellow at Everytown for Gun Safety.

    ref. US Army’s image of power and flag-waving rings false to Gen Z weary of gun violence − and long-term recruitment numbers show it – https://theconversation.com/us-armys-image-of-power-and-flag-waving-rings-false-to-gen-z-weary-of-gun-violence-and-long-term-recruitment-numbers-show-it-257090

    MIL OSI – Global Reports

  • MIL-OSI New Zealand: Prime Minister to visit China and Europe

    Source: New Zealand Government

    Prime Minister Christopher Luxon will travel to China and Europe next week. He will be joined in Shanghai and Beijing with a delegation of senior New Zealand business leaders.

    “China is New Zealand’s largest trading partner and a vital part of our economic story,” Mr Luxon says.

    The visit will focus on growing trade, which was worth over $38 billion last year, as well as also look to strengthen education and tourism links and to maximise opportunities for New Zealand businesses.

    “New Zealand is a trusted supplier of safe, high-quality food and beverage products to Chinese consumers. It is an important market, and I look forward to doing what I can to support Kiwi businesses to thrive,” Mr Luxon says.

    China is New Zealand’s largest source of international students and is our third-largest tourism market. 

    “This visit is about backing the recovery of international education and tourism and putting New Zealand front and centre as a world-class destination for travel, study, and long-term connection,” Mr Luxon says.

    The Prime Minister will meet China’s top leadership, including President Xi Jinping and Premier Li Qiang, to discuss the comprehensive bilateral relationship and key regional and global issues.

    “The challenging global outlook makes it vital that we are sharing perspectives and engaging China on issues that matter to New Zealand.”

    The Prime Minister will be accompanied by the 2025 Te Matatini champions, Te Kapa Haka o Ngatī Whakaue.

    The Prime Minister and his delegation will be in China from 17 to 20 June.

    Europe

    Mr Luxon will then travel on to Europe to undertake bilateral visits in Brussels and the Hague. He will meet with leaders, including from the European Union, to discuss trade, security, and the shifting geopolitical landscape.  

    “We have a high-quality trade relationship with the European Union, and the Netherlands and Belgium are gateways for New Zealand’s growing exports to Europe,” Mr Luxon says. 

    “Since the early entry into force of the New Zealand-European Union Free Trade Agreement, Kiwi goods exports have grown by over 25 per cent, which is a more than NZ$1 billion increase.” 

    In the Netherlands, the Prime Minister will participate in the NATO Summit and hold one-on-one talks with a number of NATO leaders. 

    “Prosperity is only possible with security, and our discussions will focus on connections between the Euro-Atlantic and Indo-Pacific security environments,” Mr Luxon says. 

    New Zealand has been invited to the NATO Summit alongside other members of the Indo-Pacific Four – Australia, Japan and Korea. 

    “I look forward to building our positive relationship with our European friends, and to forging stronger links with businesses and investors as part of our wider plan to rebuild New Zealand’s economy.” 

    The Prime Minister is in Europe from 21 to 25 June

    MIL OSI New Zealand News

  • MIL-OSI USA: Congresswoman Tenney Leads Legislation Reaffirming Her Commitment to Protecting Social Security

    Source: United States House of Representatives – Congresswoman Claudia Tenney (NY-22)

    Washington, DC – Congresswoman Claudia Tenney (NY-24) today reintroduced the Social Security Protection Act, reaffirming her unwavering commitment to safeguarding Social Security for current beneficiaries and future generations.

    Additional cosponsors of this legislation include Representatives Rob Wittman (VA-01), Mike Flood (NE-01), Juan Ciscomani (AZ-06), Mike Kelly (PA-16), Nicole Malliotakis (NY-11), Clay Higgins (LA-03), and Abraham Hamadeh (AZ-08). 

    This resolution underscores the importance of maintaining the integrity of Social Security, a vital program that millions of Americans rely on for their retirement and financial security. As a member of the Ways and Means Committee, Congresswoman Tenney is dedicated to ensuring that Social Security remains a stable and reliable program for those who have contributed to it throughout their working lives.

     “Social Security is a lifeline for many hardworking families and seniors in New York’s 24th District. By reintroducing this legislation today, it highlights my advocacy and continued focus on safeguarding, preserving, and strengthening Social Security benefits for our seniors, retirees, and future generations. I am committed to protecting this program and ensuring it remains a dependable source of income for those who have earned it,” said Congresswoman Tenney.  

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    MIL OSI USA News

  • MIL-OSI USA: Congresswoman Tenney Stands with President Trump to Defund NPR, PBS, and Wasteful Foreign Aid

    Source: United States House of Representatives – Congresswoman Claudia Tenney (NY-22)

    Washington, DC – Congresswoman Claudia Tenney (NY-24) today voted in favor of H.R. 4, the Rescissions Act of 2025, which will eliminate $9.4 billion in wasteful foreign aid spending and funding for the Corporation for Public Broadcasting, which finances NPR and PBS.

    This legislation passed the House by a vote of 214-212. 

    “H.R. 4, the Rescissions Act, is a bold step toward restoring fiscal sanity in Washington. By slashing billions in wasteful and woke spending, including $1.1 billion for left-wing propaganda outlets like NPR and PBS, $3 million for Iraqi Sesame Street, and $6 million for so-called ‘Net Zero Cities’ in Mexico, we are cutting waste, fraud, and abuse to build a more efficient federal government. With our national debt soaring to nearly $37 trillion, we must get our fiscal house in order and ensure taxpayer dollars are spent in the best interest of the American people, not foreign pet projects or left-wing activism. By passing this legislation, House Republicans are delivering on President Trump’s America First mandate and returning hard-earned taxpayer dollars back to the American people,” said Congresswoman Tenney.

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    MIL OSI USA News

  • MIL-OSI USA: Senator Marshall: We Are Going to Prevent the Largest Tax Increase in American History

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall

    Senator Marshall Joins RFD-TV to Discuss the Reconciliation Benefits for Farmers and Ranchers
    Washington – On Thursday, U.S. Senator Roger Marshall, M.D. (R-Kansas), joined Suzanne Alexander on RFD-TV to discuss President Trump’s ‘One Big, Beautiful Bill,’ and how it will help farmers and ranchers by preventing the largest tax increase in American history and allocate $100 billion to crop insurance and Title One funding.

    Click HERE or on the image above to watch the full interview.
    On how the OBBB presents the largest tax increase in American history:
    “… This bill is going to prevent the largest tax increase in American history. This is going to mean $1,000 a month of Americans getting to keep their own hard-earned money. Look, it is tense up here in its own world, but I just never seen the Republican caucus so together, and this is a Republicans only exercise right now. The Democrats will not support these tax cuts.”
    On what the OBBB will do for farmers and ranchers:
    “I’m just so, so proud of what we’ve done on the agriculture portion of this, first of all, $50 billion for crop insurance, $50 billion for the Title One programs, the ARC and the PLC, and that’s mandatory spending … over the next 10 years, you put those together, there’s $100 billion that we’re going to help with crop insurance and the Title One funding.
    “But you know, first and foremost, farmers are businessmen and women, right? So, making these Trump tax cuts permanent, and I’m talking about bonus depreciation, and 199A – your listeners know exactly what I’m talking about – Those are very important.
    “There’s also a tax credit called 45Z, which is vitally important to rural America. This is how we’re going to take soybeans or corn and turn it into jet fuel. But we need a tax credit to get that, to get that industry up and going as well. So those are just a few examples of how this is going to help American farmers and rural America.”
    On protecting Medicaid and Medicare for rural Americans:
    “Well, look, we’re going to protect Medicaid. We’re going to make it better. We want to strengthen it for those who need it the most. And like you said, I know as much about a rural hospital as anybody does up here. They’re actually much more dependent upon Medicare, but Medicaid has a little bit of influence, so we’re going to do our best to make sure there’s a carve-out to protect those rural hospitals. There aren’t that many of them; the critical access hospital system is much different; they’re guaranteed a Medicare Plus rate as well. So, we’ll do our very best.
    “But the very best thing we could do for those hospitals is give them a strong agricultural economy. Hospitals are a reflection of the economy. They don’t drive the economy. So anything we can do to help the American farmer is going to help those hospitals as well.”
    On strengthening SNAP and making it better for those who need it most:
    “Look, we’ll probably not go quite as deep with this as maybe the House did, but 80, at least 70% of Americans want some type of work requirements. And that’s what our focus will be is a work requirement. We have 7 million healthy American men out there, working age, who are not working. 7 million of them. And they’re on Medicaid and they’re on food stamps – let’s help those people find a job. I hear there are a lot of jobs in rural America, so if you don’t have a job, we’ll train you up. We’ll get you out there working on the pipeline or the oil field or out there on some of these farms as well.”
    “… I don’t want anyone to go to bed hungry – we’re not going to let that happen. But on the other hand, it would be good for the health of these people who can work, to get them back and work. And again, I think 70% of Americans generally support these, some type of work requirements if you’re on government aid.”
    On the next steps for the OBBB:
    “Look, we’re still in the seventh inning here. It’s the seventh inning stretch when we get pen to paper by this weekend, I think the real debates will start next week, as we start trying to move, you know, a million dollars here and a million dollars there. But I just want everyone to rest assured, I’m going to be out there speaking for rural America – speaking for agriculture, protecting 45Z, protecting crop insurance, protecting these reference prices, [and] trying to grow the rural American economy as well.
    “So, I just can’t emphasize enough, I was just with the President, I think it was last Thursday, I was at the White House again yesterday, that this President has the back of farmers and ranchers, and we’re going to do everything we can to make them successful as well.”

    MIL OSI USA News

  • MIL-OSI USA: Senator Marshall Calls for Full Funding of Federal Programs to Prevent Kansas Water Shortages

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall

    Washington – U.S. Senator Roger Marshall, M.D. (R-Kansas) urged the Senate Appropriations Committee to fully fund a suite of federal programs that help Kansas communities tackle water shortages, improve water quality, and ensure long-term drought resilience. 
    “Every Kansan deserves access to clean, safe drinking water,” said Senator Marshall. “I have spoken with community leaders across Kansas who are dealing with aging water and wastewater infrastructure. Federal resources are essential to help these communities modernize their water systems, ensuring they can reliably serve residents and businesses now and into the future.” 
    “The State Revolving Loan Fund Program is an essential tool in helping Kansas communities maintain and repair aging infrastructure in their drinking water and wastewater treatment systems,” said Leo Henning, Deputy Secretary and Director of Environment for the Kansas Department of Health and Environment. “This critical funding is not a federal handout, as it provides reliable assistance through low-interest loans that are repaid. Funding is then redeployed to new communities for new projects, but without continued federal funding, Kansas could not maintain these programs or meet Kansas’s increasing infrastructure needs in the face of rising construction costs.  This funding must be continued to provide this vital lending hand to Kansas communities.” 
    “In a nation characterized by its vast geographic diversity, rural areas often confront unique challenges that hinder their economic growth and development,” said Carey Spoon, Executive Director of the Southeast Kansas Regional Planning Commission. “Continued federal funding is paramount for improving local infrastructure in these economically depressed regions. Such support is not merely an investment in bricks and mortar; it is a commitment to the empowerment and upliftment of communities that have faced ongoing socio-economic difficulties. The importance of continued federal funding for local infrastructure improvements in rural, economically depressed regions cannot be overstated. Such initiatives not only address immediate infrastructural deficiencies but also lay the groundwork for sustainable economic development and enhanced quality of life for residents. It is imperative that we prioritize these investments, recognizing their potential to transform lives and communities for the better.” 
    “The SRF program through KDHE provides low interest revolving loans for water and wastewater infrastructure capital projects,” said Brad Mears, Executive Director of Kansas Municipal Utilities. “Both water and wastewater are capital intensive services which provide and protect quality of water in Kansas.  With aging infrastructure, the need for this low interest loan program is great.  This funding program allows for the maintenance of reasonable rates for water and wastewater programs.” 
    Background:

    Senator Marshall’s FY2026 Appropriations Requests for Water Infrastructure in Kansas include:

    A Language Submission on Water Challenges and Rescue Projects to the Senate Appropriations Committee, acknowledging the persistent water supply challenges facing central and western Kansas and emphasizing the critical role that water reuse projects play in supporting drought-affected regions.

    This request reinforces that addressing water shortages is a top priority for Kansas communities, strengthens the case for federal investment, and builds the legislative record for future policy efforts 

    Full funding for the U.S. Bureau of Reclamation’s WaterSMART Grant Program, which provides financial and technical assistance to local governments, water districts, tribes, and irrigation authorities for the planning, design, and construction of water recycling and reuse projects in Kansas. 

    Robust funding for numerous programs, including:

    Drinking Water State Revolving Fund (DWSRF), which helps Kansas communities finance upgrades to public water systems, ensuring safe and compliant drinking water for residents. 

    Clean Water State Revolving Fund (CWSRF), which provides low-interest loans to Kansas communities for wastewater infrastructure projects that protect and improve surface water quality. 

    Rural Community Assistance Partnerships (RCAPs), which deliver technical assistance, training, and capacity-building support to rural Kansas communities to help them plan, finance, operate, and maintain safe drinking water, wastewater, and solid waste systems. 

    The USDA Rural Development Water & Waste Disposal Program, which offers long-term, low-interest loans and grants to rural communities for the acquisition, construction, or improvement of drinking water systems, sanitary sewage, solid waste disposal, and stormwater draining infrastructure 

    MIL OSI USA News

  • MIL-Evening Report: Workers need better tools and tech to boost productivity. Why aren’t companies stepping up to invest?

    Source: The Conversation (Au and NZ) – By John Hawkins, Head, Canberra School of Government, University of Canberra

    As Prime Minister Anthony Albanese and Treasurer Jim Chalmers turn their attention to improving productivity growth across the economy, it will be interesting to see what the business community brings to a planned summit in August.

    Labour productivity (output per hour worked) has barely grown this decade.



    Much of the focus in the current debate has been on the role of workers (labour) and industrial relations. Less discussed has been low business investment (capital).

    Labour will be more productive if each worker can use more capital: machinery, equipment and technology. Over the medium term, providing workers with more capital – “capital deepening”, in the jargon – tends to be the main contributor to labour productivity growth.

    But business investment as a share of gross domestic product (GDP) is currently at its lowest level since the mid-1990s.

    Investment is low in both the mining and non-mining sectors. In the latest national accounts report for the March quarter, business investment in machinery and equipment fell 1.7%.



    The average worker now uses less capital equipment – machines and computers – than a decade ago. Investment just hasn’t kept pace with growth in employment.




    Read more:
    ‘Hard to measure and difficult to shift’: the government’s big productivity challenge


    Why is investment so weak?

    One possible reason was put forward by then Reserve Bank governor Philip Lowe in 2023. He suggested that, during the COVID pandemic, firms concentrated on surviving. Seeking out more efficient ways to produce was a lower priority. But post-pandemic, firms seem to have been slow to pivot back to an efficiency focus.

    Another reason may be that, until recently, wage growth has been slower than the growth in prices of goods and services produced. This may have reduced the incentives for firms to invest in the equipment needed to boost labour productivity.

    A key driver of investment is profitability. Firms are more likely to fund investment from retained earnings than by borrowing or raising capital. But the share of corporate profits in the economy has been quite high in recent years. So this does not explain low investment.



    The ‘animal spirits’ are lacking

    Business confidence – what economist John Maynard Keynes famously called “animal spirits” – is another important driver.

    Share prices, both in Australia and the rest of the world, have grown strongly in recent years. The S&P/ASX 200 index of Australian share prices is close to its all-time high. This would suggest financial markets are very optimistic about the prospects of Australian companies.

    Direct surveys of Australian businesses from National Australia Bank suggest conditions (the current situation) and confidence (about the future) are around their long-term average level. So this also does not explain the low investment.

    One contributor to low investment may be that firms are applying inappropriately high “hurdle rates”. These refer to the minimum return firms expect from an investment before they will undertake it.

    Hurdle rates tend to be “sticky” over time, meaning they do not move much. Many companies still apply hurdle rates of over 12%. These were appropriate back when interest rates and inflation were much higher, but seem too high now as borrowing costs have fallen with interest rate cuts.

    The Productivity Commission has suggested one contributor to low investment could be a higher risk premium. Since the global financial crisis in 2007-08, companies and investors may have become more cautious about taking on risk.

    Another factor could be growing market power of Australian companies that dominate a sector, making them complacent rather than striving to improve their performance.

    The high degree of uncertainty

    The Reserve Bank recently compiled two measures of uncertainty. One is derived from stock markets. The other is based on the number of news articles about policy uncertainty.

    Both show the current environment is as uncertain now as it was during the early stages of the global financial crisis in 2007–08 and the COVID pandemic.

    Investment in machineray and equipment went backwards in the March quarter.
    Parilov/Shutterstock

    A common response to uncertainty is to defer decisions on both investment and hiring new workers until the outlook is clearer. A study by the Reserve Bank found that greater uncertainty did indeed reduce investment. But the size of the impact was – you guessed it – uncertain.

    What can be done?

    Business lobbies often attribute low rates of investment (and anything else they think people may not like) to “excessively high” corporate tax rates. But at 30% for large companies and 25% for small, the company tax rate is low by historical standards.

    Some multinational firms may be deterred from entering the Australian market as our company tax rate is above that in some other jurisdictions. It is hard to tell how important this effect is. Company tax is only one of many factors that affect the comparative risk and return of Australia as an investment destination.

    The Productivity Commission is investigating whether the corporate taxation system could be made more efficient rather than just lowering rates.

    In the meantime, however, firms may be encouraged to invest more by a more stable domestic economic outlook. Inflation is back within the central bank’s 2-3% target range. Employment is around an all-time high proportion of the working age population. The election has removed some political uncertainty with a government holding a clear majority.

    Businesses should stop whingeing and start providing workers with the tools they need to become more productive.

    This article is part of The Conversation’s series, The Productivity Puzzle. Read the previous article here.

    John Hawkins was formerly a senior economist in the Reserve Bank and the Australian Treasury.

    ref. Workers need better tools and tech to boost productivity. Why aren’t companies stepping up to invest? – https://theconversation.com/workers-need-better-tools-and-tech-to-boost-productivity-why-arent-companies-stepping-up-to-invest-257806

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: With Trump undoing years of progress, can the US salvage its Pacific Islands strategy?

    Source: The Conversation (Au and NZ) – By Alan Tidwell, Director, Center for Australian, New Zealand and Pacific Studies, Georgetown University

    Donald Trump signs a proclamation expanding fishing rights in the Pacific Islands, April 17. Getty Images

    Since 2018, the United States has worked, albeit often haltingly, to regain its footing with Pacific Island countries. It’s done this largely by reflecting a sentiment familiar in Pacific capitals: the region is not a geopolitical backwater, but a crucial strategic zone in the 21st century.

    Spurred by China’s strategic expansion – security deals, port access, political influence – the first Trump presidency and then the Biden administration renewed the US focus on the Pacific.

    Washington was also prodded by regional allies, including New Zealand. In 2018, Foreign Minister Winston Peters said: “We unashamedly ask for the United States to engage more and we think it is in your vital interests to do so. And time is of the essence.”

    Building on the tentative steps of its predecessor, the Biden administration acted. It opened new embassies, invited Pacific leaders to the White House, unveiled a dedicated strategy for the Pacific Islands, and committed to recognising the Cook Islands and Niue.

    It also negotiated more funding for the Compacts of Free Association with the Federated States of Micronesia, the Republic of the Marshall Islands and Palau. Along with the 2022 Pacific Islands Summit, it all signalled Washington’s desire to be a better partner.

    Crucially, the Biden administration recognised climate change and the economy, not great-power rivalry, as the region’s defining security concerns. Now, much of that progress is being eroded.

    The second Trump administration has gutted key international development agencies, with the US Agency for International Development (USAID) and the Millennium Challenge Corporation shuttered.

    More than mere symbols, these agencies were tools of statecraft, facilitating Washington’s capacity to compete with China’s “no questions asked” development model. Their removal leaves a vacuum, which Beijing will happily fill.

    China pressing the advantage

    Other signs of retreat are equally troubling. Congressional funding for the South Pacific Tuna Treaty – which pays for access for US fishing fleets and is the primary multiparty agreement the US has with the Pacific Islands – was tripled by Biden, but remains incomplete.

    Trump recently signed an executive order opening the Pacific Islands Heritage Marine National Monument, a 1,282,534 square kilometre protected marine zone, to commercial fishing. This might be welcomed by the US tuna fleet, but it raises questions about Washington’s commitment to the tuna treaty.

    Hoped-for expansion of US consular access, especially vital for Pacific Islanders who must travel long distances for basic services such as visa applications, is in limbo. The US embassy in Vanuatu, damaged by the earthquake in 2024, remains closed, leaving diplomats to work out of their hotel rooms.

    China, by contrast, has not slowed down. Its security pact with Solomon Islands, its police training efforts in Samoa and Kiribati, and its growing intelligence presence across the region show a clear pattern of assertiveness.

    Beijing has proven adept at offering timely, visible assistance. Its diplomats show up. Its companies build. Its promises, however opaque, are matched with resources.

    The result has not necessarily meant Pacific nations have “chosen” China. Rather, most revert to the longstanding posture of “friend to all, enemy to none”.

    In a region where non-alignment is both a survival strategy and a principle of sovereignty, the perception of US unreliability makes China’s attentions all the more welcome, or at least tolerable.

    Not a binary contest

    The US now appears to be abandoning efforts to break this cycle, and the Trump administration risks a genuine strategic error rather than a mere diplomatic misstep.

    More than distant dots on a map, the Pacific Islands control vast stretches of ocean, including key shipping lanes and undersea cables. Their diplomatic weight matters in the United Nations.

    And the region matters to Taiwan, which is recognised by 12 countries globally, three of which are in the Pacific.

    Some argue the US should press Pacific nations to “choose” between Washington and Beijing. But that approach is shortsighted and counterproductive.

    Most have no interest in being drawn into a binary contest. They seek concrete benefits – resilience funding, fair trade, visa access – not ideological alignment. Framing relationships as zero-sum contests misunderstands the region’s diplomatic logic.

    Listening to Pacific leaders

    To revive the relationship, the US will need to show up, follow through and demonstrate its partnership offers more than rhetoric.

    This would involve restoring some elements of foreign assistance, fully funding the South Pacific Tuna Treaty obligations, opening and staffing embassies, and supporting Pacific regional organisations such as the Pacific Islands Forum with meaningful recognition and resources.

    But the US review of Pacific foreign assistance (a small portion of US development aid formerly administered by USAID) has been delayed once again, and likely won’t emerge until mid-July.

    More importantly, the US will have to listen to Pacific leaders, who have articulated their priorities clearly. They do not want to be sites of contest; they want to be agents of their own futures.

    In short, the US will have to treat the Pacific Islands as sovereign equals.
    When Trump returned to the White House, he found a workable policy architecture for the Pacific. Its core elements could still be rescued.

    But continued neglect, mixed signals and cost-cutting risk hastening the outcome China seeks – a region that finds Washington unreliable. Winston Peters, now foreign minister in a new government, might want to update his 2018 call for US engagement in the Pacific – with the emphasis on reliability.

    Alan Tidwell 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. With Trump undoing years of progress, can the US salvage its Pacific Islands strategy? – https://theconversation.com/with-trump-undoing-years-of-progress-can-the-us-salvage-its-pacific-islands-strategy-258679

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: It took more than a century, but women are taking charge of Australia’s economy – here’s why it matters

    Source: The Conversation (Au and NZ) – By Duygu Yengin, Associate Professor of Economics, University of Adelaide

    For the first time in its 124-year history, Treasury will be led by a woman.

    Jenny Wilkinson’s appointment is historic in its own right. Even more remarkable is the fact she joins Michele Bullock at the Reserve Bank and Danielle Wood at the Productivity Commission.

    Australia’s three most powerful economic institutions are now led by women economists. In economics, this is not normal. But it certainly does matter.

    Stubbornly male

    Imagine if only 17% of economics professors were men. It would feel unusual; people would ask why the field was so heavily skewed. But the reality is the opposite: 83% of economics professors in Australia are male.

    And yet, this imbalance is almost invisible. Women make up just about one-third of secondary pupils studying economics and 40% of students enrolled in economics courses at university.

    In the private sector, women economists are roughly one in three.

    So while the appointments of Wilkinson, Bullock and Wood feels groundbreaking, the profession as a whole remains stubbornly male. Still, the leadership story is worth celebrating. When young women see leaders who look like them, they’re more likely to imagine themselves in those roles too.

    As women increasingly take the helm, the old stereotype of a suit-clad man with a briefcase gives way to a broader, more inclusive image of what an economist can be.

    The public service is leading the charge. As of 2023, women held 53% of senior executive service positions in the Australian Public Service, up from 46% in 2019.

    Merit and diversity

    Thankfully, unlike other parts of the world, we live in a country where these appointments haven’t triggered claims of so-called “diversity hires”. To be clear: these female pioneers weren’t appointed because they are women.

    Each has decades of experience, technical firepower, and deep policy credentials. Wilkinson has led the Department of Finance and the Parliamentary Budget Office. Bullock has held almost every senior role at the Reserve Bank. Wood has shaped public debates on intergenerational equity and tax reform with clarity and rigour.

    The idea that diversity is somehow in tension with merit is a false binary. Diverse groups make better decisions and are more creative, especially in high-stakes settings.

    Decades of economics and business research has shown that incorporating diverse perspectives into decision-making only strengthens the outcomes. Decisions made and executed by diverse teams delivered 60% better results than those by non-diverse teams.

    Merit isn’t just what’s on paper, it’s shaped by how we judge it.

    When men and women perform equally well, success is more often credited to skill for men and to luck for women. Swap a male name for a female one on a CV, teaching evaluation or reference letter, and perceptions of competence, leadership and hireability start to shift.

    These unconscious biases don’t just affect who gets ahead; they shape how we define merit in the first place.

    Will it make a difference?

    Economics often prides itself on being objective and neutral. While the economic models may be technically gender-blind, the questions we ask and investigate rarely are.

    This is where gender diversity matters – not just in who holds the top jobs, but in what gets researched and how decisions are made. There’s growing evidence male and female economists don’t just ask different questions, they also approach problems differently.

    One study found female central bankers tend to act with greater independence and deliver lower inflation. A United States study and another in Europe showed striking gender differences in how economists think about a range of areas, including labour markets, taxation, health and the environment, and more broadly on public spending – everything from welfare to the military.

    Having more diverse perspectives doesn’t dilute economics – it deepens it. It makes the discipline more responsive to the diversity of the real-world challenges it’s meant to address.

    Economic policies impact the whole society. So does the composition of economists.

    So, what’s next?

    Of course, three women in top economic roles won’t create miracles overnight – they all operate within existing systems and structures.

    So, what can we expect from Wilkinson’s leadership? Her time at the Department of Finance suggests a steady, pragmatic hand: consultative, strategic and deeply experienced.

    Wilkinson brings bipartisan credibility, a sharp grasp of fiscal discipline, and the capacity to act decisively in a crisis, as we saw during COVID. She won’t remake Treasury overnight, but she’s well placed to lead it with rigour, integrity and a long-term view.

    This moment matters for women in economics. It shows change is possible in the profession, and it could mark the start of economic policy that truly reflects the diversity of the people it serves.

    Duygu Yengin is affiliated with the University of Adelaide, Women in Economics Network, and the Economic Society of Australia.

    ref. It took more than a century, but women are taking charge of Australia’s economy – here’s why it matters – https://theconversation.com/it-took-more-than-a-century-but-women-are-taking-charge-of-australias-economy-heres-why-it-matters-258680

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: VIDEO: Senator Peters Secures Army Corps Commitment to Prioritize Timely Completion of Soo Locks Construction

    US Senate News:

    Source: United States Senator for Michigan Gary Peters

    WASHINGTON, DC – During a hearing in the Senate Appropriations Subcommittee on Energy and Water Development, U.S. Senator Gary Peters (MI) secured a commitment from key U.S. Army Corps of Engineers (USACE) officials to prioritize the timely completion of the ongoing Soo Locks construction project. In his questioning, Peters emphasized the importance of this critical project for U.S. economic and national security.  

    “To put things into perspective, just a six-month unscheduled outage at the Soo would result in an estimated 11 million jobs lost and a $1.1 trillion hit to the economy. I think that’s a classic definition of critical infrastructure,” said Senator Peters during the hearing. “The bottom line is, we need a second Poe-sized lock to alleviate this risk, and I’ve been leading the charge with a lot of my colleagues for quite some time.” 

    In response, Mr. D. Lee Forsgren, Acting Assistant Secretary of the U.S. Army (Civil Works) said, “As you so articulately laid out, it is the backbone of the economy of this country, and we cannot afford as a nation to let that happen. I commit we will be looking at ways forward to enhance that system.” 

    To watch the full video of Senator Peters’ questioning, click here.

    Peters also applauded the $264 million included in the 2025 Army Corps Work Plan and Budget Request, which he recently led the bipartisan Michigan delegation in advocating for. This funding would allow the USACE to award the final remaining contracts needed to finish the project at their current cost.  

    “It was great to see the funding in the work plan allowing us to hit those final three options,” said Lt. Gen. William H. Graham, Jr., Chief of Engineers and Commanding General of the U.S. Army Corps of Engineers. “We’re never going to get better prices than what we had locked in to finish those last three options up at the Soo. I’m heading up there in a few weeks to make sure that there are no surprises up there and that the team on the ground has everything they need to continue to deliver, and I think we’re on track for 2030, which is exciting.” 

    Peters has prioritized securing the funding necessary to build a new Poe-sized Lock at the Soo Locks. In 2024, he toured the ongoing construction project after helping to secure $257.4 million for the project in government funding legislation. In January 2022, Peters helped to secure $479 million for modernizing the Soo Locks through the bipartisan infrastructure law. In December 2022, he helped pass the bipartisan Water Resources and Development Act as part of the annual national defense bill, including needed funding flexibility for the U.S. Army Corps of Engineers to keep the New Lock at the Soo project on schedule. 

    MIL OSI USA News

  • MIL-OSI USA: In Washington Post Op-Ed, Pressley & Hamilton Reject “Trump Accounts,” Urge Congress to Embrace Baby Bonds to Close Wealth Gap

    Source: United States House of Representatives – Congresswoman Ayanna Pressley (MA-07)

    “Trump accounts fall drastically short of addressing the real hurdles Americans face.”

    “In a just nation, everyone should have the economic power and financial opportunity to build wealth and live the productive life they choose. That’s what baby bonds offer: real solutions to wealth inequality and real investments that can transform the future for millions of children.”

    WASHINGTON – In an op-ed published in the Washington Post, Congresswoman Ayanna Pressley (MA-07) and economist Darrick Hamilton discussed the regressive, ineffective “Trump Accounts” provision of Republicans’ reconciliation bill, outlined how Trump Accounts fall short of what is needed to close the wealth gap in America, and urged Congress to embrace Baby Bonds to advance economic justice.

    For over six years, Rep. Pressley and Senator Cory Booker (D-NJ), in partnership with Mr. Hamilton, have championed Baby Bonds, bicameral legislation to close the racial wealth gap, disrupt cycles of intergenerational poverty, and make economic opportunity a birthright for every child.

    The full text of the op-ed is available below and can be read on the Washington Post website here.

    Washington Post Op-Ed: ‘Trump accounts’ will save kids? Republicans can’t be serious.
    By Rep. Ayanna Pressley and Darrick Hamilton
    June 11, 2025

    In the United States, the wealthiest nation in the world, a child born into poverty is unlikely to ever climb out of it. Wealth inequality in this country has reached historic highs, with the top 10 percent of households holding 67 percent of the nation’s wealth, while the bottom 50 percent holds just 2.5 percent. This means that millions of children grow up lacking basic economic security.

    Now as much as ever, we need real investment in our children.

    The Republican reconciliation bill that recently passed the House does nothing to address our glaring wealth inequality. Not only does it slash Medicaid, food assistance and other essential programs for the more than 30 percent of Americans who can’t put together $400 for an emergency expense, but also tucked into this harmful bill are provisions that claim Americans can build wealth through “Trump accounts.” Under the GOP proposal, every child born in the next four years would receive a one-time $1,000 government contribution into a tax-free investment account, to which families may contribute up to $5,000 annually.

    But this is not a serious solution.

    Trump accounts fall drastically short of addressing the real hurdles Americans face. These accounts are built on the presumption that individuals lack the incentive to save. In fact, what they lack is disposable income. Anyone can lawfully open a savings account for their child, such as a 529 account for college, but most are not positioned to take advantage of such accounts. A 2016 Federal Reserve Bank study found that just 2.5 percent of all families had a 529 savings account — and among households in the bottom half of the income distribution, that number dropped to only 0.3 percent. Most are not positioned to take advantage of new savings accounts. And by restricting eligibility to children born in the next four years, the proposal makes clear it was never intended to truly confront generational poverty and the wealth gap.

    Trump accounts are structured to benefit primarily more affluent families — those who already have money to invest. For those struggling to put food on the table or afford a doctor’s visit, the choice isn’t between consumption and investment — it’s between groceries and medicine. Though many Americans could use real support — such as extra cash when a new baby arrives — the Republican bill moving through the Senate threatens to slash essential programs, leaving families worse off. And ironically, it contains no provision to protect low-income recipients from the “benefit cliff” — the asset limits that could disqualify them from essential services such as housing or income support once they reach adulthood.

    Contrast this with the legislative vision we’ve championed for more than six years: baby bonds.

    Known in Congress as the American Opportunity Accounts Act, the legislation to create baby bonds is rooted in the principle that every child, no matter their race, family income or birth circumstances, deserves a fair shot at building wealth and securing their future.

    Here’s how it works: Every child receives $1,000 at birth. But unlike Trump accounts, baby bonds don’t stop there. Children would continueto receive additional deposits from the government every year, progressivelyscaled to family income. These funds would grow over time in safe, federally managed investment accounts. At age 18, young adults could access their accounts to pay for allowable expenses, including homeownership, higher education or starting a business — the kind of human and financial capital investments that change life trajectories. Building wealth from birth this way is cost-effective — supercharging dollars through years of interest — and also disrupts the cycle of intergenerational poverty.

    Baby bonds also tackle the root problem of asset inequality — something the regressive tax structure of the Trump accounts does not fix. Rather than simply encouraging investment by those who already have the money, baby bonds seek to ensure that everyone has a meaningful stake in the economy and an opportunity to build financial stability and wealth.

    Baby bonds wouldn’t replace private investment — they would complement it by providing every young person with a baseline of security. They would create a public foundation of capital while still allowing private investment and individual agency. In doing so, they don’t displace the market but expand the pool of those who can benefit from it.

    There is also a deeper issue at play. Trump accounts amount to a government subsidy for asset managers — another tax-advantaged inflow into the financial services industry. In effect, they are a backdoor giveaway to Wall Street, wrapped in the rhetoric of economic populism.

    Our country has a long history of wealth-building programs that expanded opportunity — from the Homestead Act to the GI Bill, which led to the greatest expansion of the middle class in U.S. history. But too often, those benefits were not accessible to all Americans, especially Black Americans and Native Americans, from whom much of the land seeded in the Homestead Act was taken, often violently. We now have the chance to design a 21st-century wealth-building initiative that is inclusive, equitable and grounded in sound economic theory and evidence.

    We vehemently oppose the Republican budget reconciliation bill and urge the Senate to halt this attack on Medicaid, food assistance and more. In a just nation, everyone should have the economic power and financial opportunity to build wealth and live the productive life they choose. That’s what baby bonds offer: real solutions to wealth inequality and real investments that can transform the future for millions of children.

    Darrick Hamilton is chief economist at the AFL-CIO and director of the Institute on Race, Power and Political Economy at the New School. Ayanna Pressley, a Democrat, represents Massachusetts’s 7th Congressional District in the U.S. House of Representatives.

    MIL OSI USA News

  • MIL-OSI: Issue of 32.274 MEUR Green Bonds of UAB “Atsinaujinančios energetikos investicijos” and implementation of the cash tender offer

    Source: GlobeNewswire (MIL-OSI)

    UAB “Atsinaujinančios energetikos investicijos” (hereinafter, the “Company”) on 11 June 2025 has finished a public offering led by FMĮ “Orion securities” during which the Company has successfully distributed 32.274 MEUR Green Bonds first series and first tranche issue at 8.0% yield, under its EUR 100 million unsecured fixed-interest note programme. The base prospectus of the programme was approved by the Bank of Lithuania on 27 May 2025. This transaction marks a continuation of the implementation of a distinctive Green Bond Programme in the Baltic market. The proceeds from the note issuance will be used to refinance existing bonds (ISIN LT0000405938).

    32.274 MEUR Green Bonds issue (issue date 13 June 2025) is expected to be listed on the Baltic Bond list of Nasdaq Vilnius not later than within 30 days as from the issue date.

    Additional information:

    Issuer’s full name UAB “Atsinaujinančios energetikos investicijos”
    Issuer’s short name AEIB050025A
    Securities ISIN code LT0000134439
    Nominal value of one bond EUR 100,000, which may be increased in increments of EUR 1,000
    Total aggregated nominal value EUR 32,274,000
    Issue commencement date: 2025-06-13
    Maturity date 2027-12-13

    On 12 June 2025 the Company has also closed a cash tender offer, during which holders of EUR 2021/2025 notes (ISIN LT0000405938) were offered to tender their notes for 99 per cent of denomination per each note. As a result of the tender, the Company will redeem 10 102 units of EUR 2021/2025 notes (ISIN LT0000405938) for a total price of EUR 10 000 980. Investors will receive tender cash payment on 16 June 2025.

    Investors who subscribed for bonds via exchange offer will receive newly issued notes to their investment accounts on 16 June 2025.

    After issue of new notes and implementation of the cash tender offer outstanding nominal value of EUR 2021/2025 notes (ISIN LT0000405938) will be EUR 54 134 000.

    FMĮ “Orion securities” acted as Arranger and Dealer on the transaction, law firm TGS Baltic acted as legal advisor of the transaction.

    Contact person for further information:

    Mantas Auruškevičius

    Manager of the Investment Company

    mantas.auruskevicius@lordslb.lt

    The MIL Network

  • MIL-OSI Africa: Niger’s Economy Rebounds in 2024 Thanks to Large-Scale Oil Exports and a Good Agricultural Season

    Source: Africa Press Organisation – English (2) – Report:

    Download logo

    Niger’s economy recorded robust growth in 2024, driven by large-scale oil exports. However, short-term sources of growth remain limited and exposed to downside risks, according to the World Bank’s latest economic update for Niger, published today.

    The report analyzes the country’s economic, and poverty trends and provides a three-year outlook. A special chapter is dedicated to analyzing Niger’s agri-food system, offering recommendations for its effective transformation.

    According to the report, Niger’s economy grew by 8.4% in 2024, up from 2% in 2023. This acceleration was primarily fueled by the start of large-scale oil exports and strong agricultural production, supported by favorable weather conditions. Despite high inflation, including rising food prices, sustained growth contributed to a reduction of extreme poverty. Government revenues fell in 2024 due to a decrease in tax revenues – particularly trade-related taxes – leading to a reduction in investment spending. The resulting deficit, combined with a rapid accumulation of debt, led the IMF and World Bank to jointly downgrade Niger’s debt sustainability risk rating from moderate to high.

    Economic growth is expected to remain relatively high in the short-term, but Niger’s sources of growth – oil and rain-fed agriculture – are limited and vulnerable to shocks and volatility,” said Han Fraeters, World Bank Country Manager for Niger. “Investing in an efficient and resilient agri-food system is crucial if Niger is to achieve long-term, sustainable, and inclusive growth.”

    Economic growth is projected to slow down in 2025, due to a high base effect from 2024 but is expected to remain above 6%, supported by the continued expansion of the oil sector. Inflation is expected to ease, thanks to the strong 2024 harvest. The extreme poverty rate is project to decline in 2025-2027 if agricultural output remains robust. However, food insecurity will remain a challenge.

    If security risks are contained and efforts to expand irrigation are successful, growth could be higher,” said Danon Gnezale, Economist at the World Bank and co-author of the report. “Several options exist to strengthen the agri-food system, including strengthening value chains and producer organizations, investing in climate-smart agriculture technologies, adopting better regulations, and improving infrastructure.”

    – on behalf of The World Bank Group.

    MIL OSI Africa

  • MIL-OSI Africa: Kenya: Cabinet Secretary (CS) Hon. Aden Duale Briefs Parliament on Social Health Insurance Tariff Regulations at Bunge Towers

    Source: Africa Press Organisation – English (2) – Report:

    Health Cabinet Secretary Hon. Aden Duale today appeared before the National Assembly Committee on Delegated Legislation, chaired by Ainabkoi MP Hon. Samuel Chepkonga, to discuss the Social Health Insurance (Tariffs for Healthcare Services) Regulations, 2025 (Legal Notice No. 56 of 2025). The session was held at Bunge Towers, Nairobi.

    During the engagement, Hon. Duale provided a comprehensive briefing on the scope of services covered under the tariff structure, anchored on the three key health funds established under the Social Health Authority:

    1. Primary Health Care Fund – Supports access to preventive and basic healthcare services, with a focus on community-level interventions, disease prevention, and health education.
    2. Social Health Insurance Fund – Provides coverage for essential medical services, targeting routine and necessary treatments to ensure members receive comprehensive healthcare.
    3. Emergency, Chronic and Critical Illnesses Fund – Offers financial protection for high-cost and urgent medical needs, including long-term and specialised care.

    The CS also explained the use of means testing during SHA registration to determine eligibility for government support based on income and assets. He highlighted the Lipa SHA Pole Pole initiative—an instalment-based contribution model—and the planned shift from monthly to annual payment cycles to enhance flexibility and compliance.

    Hon. Duale reaffirmed the Ministry’s commitment to good governance, transparency, and robust public participation in the formulation of statutory instruments, in line with the Statutory Instruments Act, Cap. 2A.

    He was accompanied by Principal Secretary for Medical Services Dr. Ouma Oluga, Director General for Health Dr. Patrick Amoth, and Social Health Authority CEO Dr. Mercy Mwangangi.

    – on behalf of Ministry of Health, Kenya.

    Media files

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    MIL OSI Africa

  • MIL-OSI USA: Cramer, Alsobrooks Urge Army to Take Action to Keep Outdoor Recreation Sites Open

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)

    WASHINGTON, D.C. – As the first day of summer approaches, recreation sites across the country managed by the U.S. Army Corps of Engineers (Army Corps) face reduced hours or full closures due to a U.S. Department of Defense hiring freeze. The freeze was signed on February 28 and restricts the Army Corps from hiring the seasonal staff needed to safely manage boat ramps, campgrounds, and swimming areas. The Army Corps has requested Secretary Driscoll use his waiver authority to allow seasonal hires. Without it, Army Corps recreation sites will be closed or have reduced access at the time they are used the most. 

    U.S. Senators Kevin Cramer (R-ND) and Angela Alsobrooks (D-MD), Chair and Ranking Member of the Senate Environment and Public Works Transportation and Infrastructure Subcommittee, sent a letter to Secretary of the Army Dan Driscoll and Commanding General of the Army Corps Lt. Gen. William H. “Butch” Graham highlighting the need for immediate action to address the staffing shortfalls. Specifically, it urges the Army to approve a waiver request from the Army Corps allowing it to bring on seasonal workers. Under current policy, the Secretary of Defense has authorized Service Secretaries to grant waivers for positions essential to public safety.

    “Every year, outdoor recreation contributes more than $1 trillion to the economy and supports over 5 million jobs,” the senators wrote. “Limiting access to Army Corps recreation sites hampers this economic engine and has adverse impacts on communities who depend on the reliable summer influx of visitors. However, this is about much more than merely the economic implications. Outdoor recreation is a way for people to engage with nature, spend quality-time with family, and boost their physical and mental health.”

    If the waiver authority is not utilized, several Army Corps managed recreation areas in North Dakota will be partially or fully closed for the summer season due to staffing shortages. This includes the East Totten Trail and Wolf Creek at Lake Sakakawea, Beaver Creek and Hazelton at Lake Oahe, and East Astabulta Crossing, Eggerts Landing, and West Ashtabula Crossing at Lake Asthabula.

    Click here for the letter.

    MIL OSI USA News

  • MIL-OSI USA: Markey, Leader Schumer, Wyden, Merkley Release Data Detailing Hundreds of Rural Hospitals Across U.S. at Risk Due to Republican Health Care Cuts

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey
    Over 300 Rural Hospitals at Disproportionate Risk of Closure, Conversion, or Service Reductions
    Lawmakers Also Provided Data to President Trump, Leader Thune, and Speaker Johnson in Letter
    Letter and Data | Sheps Response
    Washington (June 12, 2025) – Following House Republicans’ passage of a bill that would impose the largest cuts to health care in U.S. history, slashing funding for Medicaid and the Affordable Care Act by more than $1 trillion and triggering more than $500 billion in Medicare cuts, Senator Edward J. Markey (D-Mass.), Ranking Member of the Health, Education, Labor, and Pensions (HELP) Subcommittee on Primary Health and Retirement Security, Democratic Leader Chuck Schumer (D-N.Y), Senator Ron Wyden (D-Ore.), Ranking Member of the Finance Committee, and Senator Jeff Merkley (D-Ore.), Ranking Member of the Budget Committee, released detailed data from the Cecil G. Sheps Center for Health Services Research at the University of North Carolina at Chapel Hill concluding that Republican health care cuts could place over 300 rural hospitals across the U.S. at disproportionate risk of closure, conversion, or service reductions. The data is based on financial indicators including: share of Medicaid patients served, previous years of negative total margins, and data modeling on future financial distress.
    The lawmakers also sent the data in a letter to President Trump, Leader John Thune, and Speaker Mike Johnson, writing, “Addressing the crisis in rural health care access is a national, bipartisan priority, and it should be bipartisan to not worsen that crisis. However, if your party passes these health care cuts into law, Americans in rural communities across the country risk losing health care services and jobs supported by their local hospitals. We urge you to read the attached report and reconsider your position. It is not too late to stop these cuts. Billionaire tax breaks are not worth the cost to American lives and livelihoods.”
    The response from the Cecil G. Sheps Center for Health Services Research at the University of North Carolina at Chapel Hill states, “Substantial cuts to Medicaid or Medicare payments could increase the number of unprofitable rural hospitals and elevate their risk of financial distress. In response, hospitals may be forced to reduce service lines, convert to a different type of health care facility, or close altogether.” The data shows the following regarding at-risk rural hospitals:
    Over 338 rural hospitals are at particular risk of closure, conversion, or service reduction from substantial health care cuts because the hospitals either take a high relative share of Medicaid patients, or have experienced 3 years of negative total margins, or both. This includes 33 hospitals in Louisiana, 35 hospitals in Kentucky, and 21 hospitals in Oklahoma.
    In Alaska, 4 rural hospitals – more than 40 percent of rural hospitals with available data – serve high concentrations of Medicaid patients.
    In West Virginia, nearly a quarter of rural hospitals are serving high concentrations of Medicaid patients, and 15 percent of rural hospitals are at the highest relative risk of financial distress.
    In Alabama, 8 rural hospitals – nearly 20 percent of rural hospitals with available data – are in the highest relative risk category of financial distress.
    In Tennessee, 9 rural hospitals – or 18 percent of rural hospitals in the state with available data – have experienced 3 years of negative total margins, and 9 rural hospitals are at highest relative risk of financial distress.
    In the face of these Republican cuts, a majority of adults living in rural areas are concerned that health care cuts will “negatively impact hospitals, nursing homes, and other health care providers in [their] community.” Rural hospitals are struggling; in 2023, there were 50 fewer rural hospitals than in 2017, and a lack of health care access in rural America is contributing to worse health outcomes. Faced with additional cuts to their revenue, many rural hospitals may be forced to stop providing certain services, including obstetric, mental health, and emergency room care, convert to clinics or standalone emergency centers, or close altogether. Rural hospitals are often the largest employers in rural communities, and when a rural hospital closes or scales back their services, communities are not only forced to grapple with losing access to health care, but also with job loss and the resulting financial insecurity.
    “If Republicans plan to pass drastic cuts to Medicaid and Medicare and effectively repeal the Affordable Care Act, communities should know exactly what they stand to lose,” said Senator Markey. “These health care cuts won’t just kick millions off their insurance. These cuts will plunge hospitals across the country into financial chaos, and as this data demonstrates, hundreds of rural hospitals across the country may be forced to stop providing care, limit their services, or close altogether. If hospitals close, many rural communities will lose the biggest employer they have. Seniors, the disabled, and pregnant people will have to travel farther to access care. Families will lose access to care. People will die. The more information we have about this bill, the worse it seems. No life or job is worth a yes vote on this big billionaire bill. We must make sure every American can see how Republicans are willing to pay for billionaire tax breaks with people’s lives, and we must defeat this ugly bill.”
    “As this report proves, the Republicans’ ‘Big, Ugly Betrayal’ is a matter of life and death for millions of Americans. The cruel and far-reaching cuts to Medicaid and the Affordable Care Act are putting hundreds of rural hospitals at risk of closure, limiting services, or mass layoffs,” said Leader Schumer. “Rural Americans already face more obstacles to getting healthcare and many are the lifeblood and major employers of their communities, all of which Republicans are risking to pay for tax cuts for billionaires.”
    “As I hold town hall meetings in each of Oregon’s 36 counties, I frequently hear about struggles folks have in accessing health care in their communities. This isn’t a red state or blue state issue. Medicaid helps every state – especially rural communities,” said Senator Merkley. “More than 300 rural hospitals will be at risk of shutting down – in Oregon and across the country – if Republicans betray middle class families and make these drastic cuts to Medicaid, all so that billionaires can pay less in taxes. This is the Republican plan: families lose, and billionaires win.”
    The lawmakers sent a letter to the Sheps Center director on June 4, 2025, requesting the Center’s expert analysis of how this bill will impact rural hospitals and the communities they serve, particularly inquiring about which rural hospitals in the country treat the highest share of Medicaid recipients; how many rural hospitals are currently in financial distress or at risk of closure; and if the health care cuts in the House-passed budget reconciliation bill were to become law, would the rural hospitals with the highest share of Medicaid recipients or that are currently in financial distress face risk of closure or have to reduce services.

    MIL OSI USA News

  • MIL-Evening Report: Sunday Too Far Away at 50: how a story about Aussie shearers launched a local film industry

    Source: The Conversation (Au and NZ) – By Michael Walsh, Associate Professor, Screen and Media, Flinders University

    Released 50 years ago, Sunday Too Far Away deals episodically with a group of shearers led by Foley (Jack Thompson), and the events leading up to the national shearers’ strike of 1956.

    The shearers are a ragtag group held together by rum, unionism and competitiveness – as Foley must deal with the camp cook from hell, as well as a threat to his “gun” status.

    As we celebrate the anniversary, it is hard to overstate its importance for the Australian film industry and for its producer, the South Australian Film Corporation (SAFC).

    The beginnings of a funding body

    After the Liberal and Country League had held control over the state government for 32 years under a “Playmander”, named for premier Thomas Playford, the Labor party, lead by Don Dunstan, was elected in 1970 on a progressive platform.

    As part of Dunstan’s project of moving the state’s economy away from its Playford-era reliance on manufacturing to more knowledge-based service industries, the SAFC was founded in 1972.

    Central to Dunstan’s plan was the imperative that the SAFC should produce feature films – despite an initial consultant’s report that advised against this.

    Dunstan’s plan was visionary, making South Australia the first state government to directly produce features. But it was also flawed.

    The Dunstan government authorised the SAFC to borrow A$400,000 (approximately $5 million in 2025 money) for the production of up to five features per year, with the remainder of the budgets coming from Commonwealth funds and private investors.

    Don Dunstan, then premier of South Australia, around 1972 when the South Australian Film Corporation was established.
    State Library of South Australia B 64310/106

    The plan was that the SAFC’s productions would be self-supporting within five years, with the initial pump-priming loans repaid.

    By 1973 a slate of features was in the works, though none would reach production.

    One of these was Gallipoli, to be made in conjunction with Melbourne-based Crawford Productions, with screenwriter John Dingwell attached.

    The film was shelved, but Dingwell maintained his relationship with Matt Carroll, the SAFC’s head of feature production. They developed a script titled Shearers, based on anecdotes from one of Dingwell’s relatives.

    Sunday Too Far Away (as the film was retitled) was budgeted at $231,000, with the Commonwealth Government’s Australian Film Development Corporation, established in 1970 to invest in local films, providing half this figure.

    An ‘emotional experience’

    Gil Brealey, the SAFC’s first CEO, was desperate to get a feature started and was prepared to find the whole of the budget if necessary. (The SAFC would put up an additional $14,000 in budget overruns caused by wet weather in the semi-arid locations around Port Augusta and Quorn.)

    It was a remarkable demonstration of maximum involvement by a government body intent on intervening dramatically to generate a production industry in a state that would otherwise lose out to the larger states on the eastern seaboard.

    At the recent 50th anniversary screening hosted by the SAFC, producer Matt Carroll referred to the film shoot as “an extraordinary emotional experience” for all involved, stressing the strong camaraderie among the actors, which mirrored that of the shearers in the film.

    It is useful to compare Sunday to 1971’s Wake in Fright.

    Both centre on rural male mateship, but while Wake in Fright is revolted by it, Sunday strives for an elegiac celebration that might have drawn from Henry Lawson, of union-based mateship as the only defence again the harshness of life.

    Fraught politics

    Brealey and the SAFC were functioning under enormous political pressure for this film to be not only a critical, but also a popular success.

    From the outset, the SAFC had been identified with Dunstan, and it was under almost daily attack in Parliament, led by Liberal frontbencher Stan Evans.

    Quoted in the Adelaide Advertiser in May 1975, Evans denounced the SAFC “for actively producing and manufacturing films when its role under the Act precluded it from this field”.

    He was joined in these attacks by elements of the local press, as well as a handful of filmmakers who felt slighted by talent imported by Brealey.

    The board was forced to issue a statement, complaining of

    a very small vocal minority who, apparently, find the success of the corporation personally offensive and make every effort to ‘knock’ its work.

    The acceptance of the film into the Directors’ Fortnight at Cannes, the first Australian film bestowed the honour, was a godsend. It went on to win eight of the 12 awards on offer at the Australian Film Institute Awards.

    Brealey wryly told me that “we had this appalling reputation in Adelaide and everyone else thought we were marvellous”.

    The film renaissance

    In order to shore up its local standing, the SAFC ran a film day at the Adelaide Festival Centre, culminating in a “world premiere” of Sunday attended by Gough Whitlam.

    The next day, the SAFC released the film itself in Adelaide, hiring the Warner cinema where it ran for 26 weeks under an arrangement that gave the producer the entire gross, less the exhibitor’s expenses.

    Brealey was extremely suspicious of Australian distributors. Roadshow distributed the film throughout the rest of Australia. By October, they were reporting box office grosses of over $182,000 – though the SAFC had only received $11,000 in returns.

    The bitter lesson was that SAFC had clearly been founded on overly optimistic expectations of returns to producers. Feature production in Australia would need on-going government support.

    The success of Sunday Too Far Away, followed closely by Picnic at Hanging Rock (1975) and Storm Boy (1976) succeeded in establishing the SAFC as a prime mover in Australian film.

    Locally, it won bipartisan local support for the SAFC and nationally it established a model for emulation by other states.

    It demonstrated that Australian films could combine local and international appeal, and that government agencies had a vital role at the heart of the film renaissance.

    Michael Walsh is a consultant for the SAFC on its digitisation project. He has previously written a commissioned history for the organisation.

    ref. Sunday Too Far Away at 50: how a story about Aussie shearers launched a local film industry – https://theconversation.com/sunday-too-far-away-at-50-how-a-story-about-aussie-shearers-launched-a-local-film-industry-258576

    MIL OSI AnalysisEveningReport.nz