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Category: Economy

  • MIL-OSI USA: Attorney General Bonta Urges Immediate Action by Meta to Prevent Investment Scam Advertisements on its Platforms

    Source: US State of California

    Meta must do better to protect consumers from financial harm 

    OAKLAND — California Attorney General Rob Bonta, as part of a bipartisan coalition of 42 attorneys general, today sent a letter to Meta expressing deep concern regarding a flurry of investment scam advertisements (ads) running on its platforms — including Facebook newsfeeds. These investment scam ads threaten the pockets of consumers nationwide and Meta’s existing systems have been shown to be insufficient to address the problem. In response to this concerning trend, the attorneys general ask Meta to take immediate action to improve its capabilities to detect and respond to these ads.

    “It’s alarming to see how easy investment scam ads — which have cost some consumers their life savings — can be created and disseminated on Meta platforms. This growing trend, combined with Meta’s inadequate method of identifying these ads and its significant delay in removing them, makes this a recipe for disaster,” said Attorney General Bonta. “Today, I urge Meta to prioritize the safety of its users against investment scam ads — Meta can and must do right by the millions of people that use its platforms.” 

    Investment scam ads running on Meta’s platforms deceive consumers with images of well-known investors. Upon clicking on the ads, users are prompted to download WhatsApp and become members of groups that are not in fact sponsored or affiliated with the investors identified in the ads.  They are then targeted in an illegal investment scheme, commonly known as a “pump and dump” scheme. As part of the scheme, scammers encourage users to invest in penny stocks, thus inflating or pumping up the stock price. Then the scammers quickly sell the stocks — leaving the users holding worthless stock that they can no longer sell to recover their losses. In some cases, these scams have resulted in users losing their life savings. The impact on victims is devastating, leading not only immense financial losses, but also significant psychological and social consequences. 

    In the letter, the attorneys general urge Meta to adopt protocols to properly tackle this pervasive issue — or otherwise ban all investment ads on its platforms. Although Meta uses a combination of automated systems and occasional human review to try to detect, block, and remove these advertisements, these systems do not work and allow vast numbers of scam ads to get through to publication.  

    The letter sent today highlights the latest way Meta fails to protect its users against harmful content. In 2023, Attorney General Bonta, along with a bipartisan coalition of attorneys general, sued Meta for its role in designing and deploying harmful features on Instagram and Facebook that addict children and teens to their mental and physical detriment. This lawsuit remains ongoing. Last year, Attorney General Bonta sent a letter to Meta expressing concern regarding the increase in account takeovers and lockouts on Facebook and Instagram and the inadequacy of the company’s response to prevent and address consumer harm from these takeovers.  

    In sending today’s letter to Meta, Attorney General Bonta joins the attorneys general of Connecticut, New Hampshire, New York, Pennsylvania, Alaska, Arizona, Arkansas, Colorado, Delaware, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, South Carolina, South Dakota, Utah, Vermont, Virginia, Washinton, West Virginia, Wyoming, the District of Columbia, American Samoa, and the U.S. Virgin Islands. 

    A copy of the letter can be found here.

    MIL OSI USA News –

  • MIL-OSI: Game-Changing Crypto Casinos Recognized in All iGaming’s 2025 Gambling Report! (Expert Findings)

    Source: GlobeNewswire (MIL-OSI)

    New York City, June 11, 2025 (GLOBE NEWSWIRE) —  Crypto casinos and Bitcoin casinos are taking over in 2025 with fast transactions, top privacy, and epic features. Ready to dive in? All iGaming has your back with real reviews and tips on the best crypto casinos.

    Check out the perks, risks, and safety hacks at All iGaming.com and start your crypto gaming adventure!

    ▶️ The Rise of Crypto Casinos: Insights from All iGaming

    Crypto casinos have leveraged blockchain technology to deliver an easy and secure gaming experience. Unlike traditional casinos that rely on fiat currencies and banking systems, the best crypto casinos allow players to deposit, wager, and withdraw using cryptocurrencies like Bitcoin, Ethereum, Tether, and others.

    This shift has fueled a global boom in crypto gambling, with the market seeing over $26 billion in bets placed with digital currencies in Q1 2025, nearly double the volume from Q1 2024. Industry projections estimate the crypto gambling market will reach $55.3 billion by 2032, reflecting growing player demand. The appeal of Bitcoin casinos and other crypto platforms lies in their ability to address common pinpoints in traditional gambling, such as slow payouts, high fees, and privacy concerns.

    >>VISIT ALL IGAMING.COM FOR THE BEST CASINO PICKS—CHECK IT OUT NOW!

    All iGaming, a leading authority in online gambling, provides comprehensive reviews of these platforms, helping players navigate the crowded market with confidence. All iGaming.com is a one-stop destination for discovering top crypto casinos, understanding their features, and accessing educational resources to enhance your gaming experience.

    ▶️ Top Reasons Players Prefer Crypto Casinos: All iGaming’s Experts Take

    The popularity of the best crypto casinos among players stems from several unique advantages that set them apart from traditional online casinos. All iGaming highlights these benefits in their detailed analyses, ensuring players understand why crypto casinos are a game-changer in 2025.

    Advantages of Crypto Casinos

    1. Speedy Transactions: One of the biggest draws of Bitcoin casinos is their lightning-fast transaction times. Blockchain technology enables near-instant deposits and withdrawals, often processed within minutes, compared to days for traditional banking methods. This efficiency ensures players can access their winnings quickly.
    2. Enhanced Privacy: Crypto casinos prioritize player anonymity, often requiring only an email or crypto wallet address to register. Many top crypto casinos offer no-KYC (Know Your Customer) options, allowing players to gamble without sharing personal details, which is ideal for those who value discretion.
    3. Lower Fees: Cryptocurrency transactions typically incur minimal fees compared to credit cards or bank transfers, maximizing players’ funds. This cost-effectiveness is a key reason why the best crypto casinos are favored by budget-conscious gamblers.
    4. Provably Fair Games: Blockchain’s transparency allows players to verify game outcomes, ensuring fairness and building trust. Many Bitcoin casinos offer provably fair games like Crash, Plinko, and Dice, which are audited for integrity.
    5. Global Accessibility: Top crypto casinos operate without geographical restrictions, accepting players from around the world. This inclusivity makes them appealing to those in regions with limited access to traditional gambling platforms, though players must check local laws.
    6. Innovative Features: Crypto casinos often integrate cutting-edge technology, such as AI-driven game recommendations, blockchain-based loyalty programs, and crypto-exclusive games, enhancing the overall gaming experience.

    >>WANT CRYPTO CASINO FUN? VISIT ALL IGAMING FOR EXPERT RECOMMENDATIONS!

    All iGaming’s reviews emphasize these advantages, showcasing how best crypto casinos cater to modern players’ needs. Their platform provides detailed comparisons of platforms, helping users identify those that excel in speed, privacy, or game variety.

    Disadvantages of Crypto Casinos

    While Bitcoin casinos offer numerous benefits, they also come with challenges that players should consider. All iGaming ensures transparency by highlighting these drawbacks in their evaluations.

    1. Limited Regulation: Some top crypto casinos operate in jurisdictions with lax oversight, increasing the risk of scams or unfair practices. Players must prioritize licensed platforms to ensure safety.

    All iGaming addresses these concerns by offering guides on safe gambling practices, crypto wallet setup, and how to identify reputable platforms. Their commitment to player education ensures you can enjoy the best crypto casinos while minimizing risks.

    ▶️ How Players Use Crypto Casinos

    The use of top crypto casinos has skyrocketed in 2025, driven by a diverse player base ranging from crypto enthusiasts to traditional gamblers seeking faster, more private alternatives. All iGaming’s insights reveal how players engage with these platforms:

    • High Rollers: Wealthy players are drawn to Bitcoin casinos for their high deposit and withdrawal limits, often in the tens of thousands of dollars. These platforms cater to VIPs with exclusive bonuses and personalized rewards.
    • Privacy Seekers: Players in regions with strict gambling laws or those who prioritize anonymity flock to no-KYC’s best crypto casinos, which allow them to play without identity verification.
    • Tech-Savvy Gamblers: Younger, crypto-native players embrace top crypto casinos for their blockchain-based features, such as provably fair games and decentralized platforms.
    • Casual Players: Even casual gamblers are exploring Bitcoin casinos for their low fees, fast payouts, and exciting game libraries, including slots, live dealer games, and crypto-exclusive titles.

    All iGaming’s platform provides tailored recommendations for each player type, ensuring everyone from beginners to high rollers can find a suitable best crypto casino. Their reviews cover game variety, bonus structures, and user experience, helping players make informed choices.

    >>FIND THE BEST CRYPTO CASINO FOR YOU – CHECK OUT ALL IGAMING’S TOP LIST!

    ▶️ How to Play Safely at Crypto Casinos: All iGaming’s Guide

    Safety is paramount when gambling online, especially in the crypto space where scams and unregulated platforms exist. All iGaming offers expert advice on how to identify and play at secure top crypto casinos. Here’s a step-by-step guide to ensure a safe and enjoyable experience:

    1. Verify Licensing and Regulation: Always choose Bitcoin casinos licensed by reputable authorities, such as Curaçao, Malta, or Anjouan. Licensing ensures player protection, secure transactions, and fair play. All iGaming lists only licensed platforms in their reviews.
    2. Check Security Features: Look for the best crypto casinos with SSL encryption, two-factor authentication (2FA), and regular security audits to safeguard your funds and data. All iGaming evaluates these measures for every platform they review.
    3. Read Detailed Description on All iGaming: Before signing up, consult All iGaming.com for unbiased reviews of top crypto casinos. Experts test every aspect, from payout speeds to customer support, ensuring you choose a trustworthy platform.
    4. Understand Bonuses: Many Bitcoin casinos offer generous welcome bonuses, but high wagering requirements can be restrictive. All iGaming breaks down bonus terms, helping you select offers with fair conditions.
    5. Set Up a Secure Crypto Wallet: Use a reputable crypto wallet (e.g., MetaMask, Trust Wallet) to store and transfer funds. All iGaming provides tutorials on wallet setup and secure transactions.
    6. Practice Responsible Gambling: Set deposit limits, take breaks, and use self-exclusion tools if needed. All iGaming promotes responsible gambling with resources and links to support organizations.

    By following these steps, players can enjoy top crypto casinos with confidence, knowing their funds and data are secure. All iGaming’s comprehensive guides make it easy to find safe platforms and start playing responsibly.

    >>GET STARTED WITH THE TOP CRYPTO CASINOS – VISIT ALL IGAMING TODAY!

    ▶️ The Role of All iGaming in Your Crypto Casino Journey

    Navigating the world of Bitcoin casinos can be overwhelming, but All iGaming simplifies the process with its player-centric approach. As an independent authority, All iGaming is dedicated to empowering players with the knowledge and tools needed to thrive in the crypto gambling space. Their platform, All iGaming.com, offers:

    • Expert Reviews: In-depth analyses of best crypto casinos, covering licensing, security, game variety, and bonuses.
    • Educational Content: Guides on cryptocurrency basics, safe gambling practices, and maximizing bonuses.
    • Transparency: Clear insights into each platform’s strengths and weaknesses, ensuring players make informed decisions.
    • Responsible Gambling Tools: Resources to promote healthy gaming habits, including self-assessment tools and support links.

    All iGaming’s rigorous evaluation process ensures that only the top crypto casinos make their list, giving players peace of mind. Whether you’re seeking a no-KYC platform, a casino with massive bonuses, or one with thousands of games, All iGaming has you covered.

    ▶️ The Future of Crypto Casinos

    The best crypto casinos are set to dominate the online gambling industry in 2025 and beyond, driven by advancements in blockchain and AI. Blockchain innovations, like decentralized platforms and enhanced provably fair games, are building trust and attracting new players. AI is transforming Bitcoin casinos with personalized experiences, from tailored game recommendations to dynamic bonuses.

    All iGaming stays ahead of these trends, assessing how new technologies impact player satisfaction. Their reviews highlight platforms that embrace innovation without compromising safety or fairness, ensuring you’re always at the forefront of the crypto gambling revolution.

    ▶️ Conclusion: Navigating the Future of Crypto Casinos with All iGaming

    The world of top crypto casinos in 2025 offers endless possibilities for players seeking fast, private, and rewarding gaming experiences. From lightning-fast payouts to provably fair games, Bitcoin casinos are redefining online gambling. However, with great opportunity comes responsibility—players must prioritize safety, verify licensing, and practice responsible gambling to fully enjoy these platforms.

    All iGaming is your trusted partner in this journey, providing expert reviews, educational resources, and a commitment to transparency. Visit All iGaming.com to discover the best crypto casinos, compare features, and start playing with confidence. Whether you’re a seasoned gambler or a crypto newbie, All iGaming has all the information you need to thrive in the exciting world of crypto gambling.

    ▶️ Frequently Asked Questions

    1. What makes crypto casinos different from regular online casinos?

    Crypto casinos, highlighted by All iGaming, use blockchain technology to power fast, private transactions with cryptocurrencies like Bitcoin, unlike traditional casinos that rely on fiat money and slower banking systems. They also offer unique games and provably fair mechanics you won’t find elsewhere.

    1. How does All iGaming pick the best crypto casinos?

    All iGaming dives deep into each platform, checking for solid licensing, top-notch security, diverse game options, and player feedback. Their expert team tests everything to ensure only the cream of the crop makes it to their recommended list at All iGaming.com.

    1. Can I win big with small crypto bets?

    Absolutely! Many crypto casinos recommended by All iGaming feature low-entry games and progressive jackpots, giving you a shot at big wins even with modest bets. Check their reviews for platforms with the best odds.

    1. What if I lose my crypto wallet access?

    If you lose access, recovery depends on your wallet’s security setup. All iGaming advises using wallets with strong backup options like seed phrases. Visit All iGaming.com for tips on securing your crypto funds.

    1. Are there exclusive bonuses for crypto players?

    Yes! All iGaming’s recommended crypto casinos often offer special bonuses like higher deposit matches or free spins for crypto users.

    >>WANT TO WIN? CHECK OUT THE TOP CRYPTO CASINOS NOW!

    Disclaimer: Online gambling carries financial risks and may be illegal in some regions. Always verify local laws and gamble responsibly. All iGaming provides informational content but does not endorse the legitimacy of listed platforms.

    Email: support@alligaming.com

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    The MIL Network –

  • MIL-OSI: iQor CXBPO™ Launches Insights iQ™ to Deliver Predictive Intelligence Across the Customer Experience

    Source: GlobeNewswire (MIL-OSI)

    FT. LAUDERDALE, Fla., June 11, 2025 (GLOBE NEWSWIRE) — iQor CXBPO™, a global leader in customer experience business process outsourcing (BPO), today announced the launch of Insights iQ™, a next-generation analytics solution powered by its infinityAiQ™ platform. Built to transform how brands understand and act on customer feedback, Insights iQ turns every interaction into a source of business intelligence — enabling faster, more informed decisions that enhance customer satisfaction, streamline operations, and unlock new revenue opportunities.

    Insights iQ is built on iQor’s proprietary VALDI advanced analytics engine and enhanced through an industry-first collaboration with OpenAI, combining LLM-powered intelligence with enriched datasets and partner technologies. Backed by a global team of more than 180 data scientists, analysts, and Ph.D.s, the platform processes over 2.7 billion tokens weekly and analyzes 100% of voice, text, and chat interactions across the customer journey. Unlike traditional sampling methods, Insights iQ delivers real-time visibility into sentiment, intent, and behavior, enabling brands to surface opportunities and predict outcomes with precision.

    “Insights iQ is more than a data tool — it’s a strategic growth engine,” said Chris Crowley, President and CEO of iQor. “By leveraging real-time analytics and predictive intelligence, we help our clients move beyond reactive customer service and into a new era of insights-driven transformation, setting a new benchmark for what’s possible in the CXBPO industry.”

    Key capabilities include real-time sentiment and context detection, churn risk prediction, satisfaction forecasting, and segmentation based on behavioral and emotional signals. With these tools, brands can identify unmet needs, reduce friction, and proactively improve experiences. Insights iQ empowers operations, sales, product, and marketing teams alike to act on live customer intelligence, optimizing strategy and performance across the enterprise.

    “In a real-time economy, our clients can’t afford to wait for post-interaction reports,” said Prabhjot Singh, Chief Digital Officer at iQor. “Insights iQ gives them the visibility to make better decisions faster by turning live customer signals into measurable action across CX, product, sales, and marketing.”

    Powered by iQor’s infinityAiQ platform, Insights iQ is engineered to meet the demands of enterprise clients. It operates within iQor’s secure and compliant infrastructure, including PCI-DSS, HIPAA, SOC 1 and 2 Type 2, HITRUST, and ISO 27001 certifications. The platform integrates seamlessly with clients’ existing environments, delivering immediate impact without disrupting operations.

    With Insights iQ intelligence embedded in every touchpoint, businesses can drive measurable growth while building stronger, more loyal customer relationships. To learn more about how iQor is transforming customer experience through AI-powered intelligence and analytics, visit www.iqor.com/insightsiq.

    About iQor CXBPO™
    iQor CXBPO™ is a trusted partner in intelligent customer experience solutions, delivering exceptional results for global brands. With 40,000 employees across 10 countries, we combine 30 years of industry expertise with cutting-edge AI-driven innovations to optimize customer interactions at every stage. Our agile, scalable solutions ensure seamless omnichannel engagement, driving loyalty and measurable business success. Recognized as a Great Place to Work® and a leader in CX excellence, we elevate performance through a people-first approach, operational expertise, and secure, technology-enabled solutions. Learn more at iQor.com.

    The MIL Network –

  • MIL-OSI United Kingdom: Chancellor pledges at least £445 million of rail investment as part of biggest ever Welsh funding boost

    Source: United Kingdom – Executive Government & Departments

    Press release

    Chancellor pledges at least £445 million of rail investment as part of biggest ever Welsh funding boost

    Major transport upgrade to drive growth and unlock economic potential across Wales, as UK Government delivers on Plan for Change.   

    Spending Review: Investing in Wales’ future.

    • Investment is part of comprehensive spending package to invest in UK’s renewal, creating thousands of jobs in clean energy, manufacturing and defence  
    • The Welsh Government will receive the largest real terms settlement since devolution began in 1999, with an average settlement of £22.4 billion per year, enabling the Welsh Government to deliver for working people in Wales.

    Working people across Wales will benefit from better access to jobs and opportunities thanks to a Welsh rail investment worth at least £445 million announced by Chancellor Rachel Reeves today as part of the UK Government’s Spending Review which will invest in UK’s renewal.

    The transformative rail package will reconnect Wales’s industrial heartlands, improve commuter journeys and drive economic growth in communities that have long suffered from poor transport links.  

    The package will invest in both north and south Wales, fixing level crossings, building new stations, and upgrading existing lines  

    This strategic rail investment forms the cornerstone of the UK Government’s plan to reconnect, reindustrialise and renew Wales – addressing decades of underinvestment in critical infrastructure that has held back the Welsh economy.  

    The rail upgrades will specifically link centres of advanced manufacturing excellence in North Wales and improve vital connections between Cardiff and Bristol, making it easier for businesses to invest and for workers to access employment opportunities.  

    Alongside this major transport investment, the Spending Review delivers significant backing for Wales’s key industrial sectors.  

    In Port Talbot, a combined investment of up to £580 million will secure the future of steelmaking while transforming the port into a clean energy hub. Within this, £500 million for Tata Steel’s new Electric Arc Furnace will protect 5,000 jobs while reducing carbon emissions.  

    Secretary of State for Wales, Jo Stevens, said:  

    This UK Government is investing in Wales’ future and driving economic growth across the country.  

    We promised we would deal with the historical under-investment in Wales’ rail network and the funding announced today in this Spending Review shows we are delivering on that pledge.  

    Along with a record financial settlement for Welsh Government to improve public services, £118m more to help keep coal tips safe and investment in growing industries like aerospace, we are backing Wales’ potential and delivering for working people.”    

    Growing Wales’ domestic aerospace and defence industries  

    Speaking in the House of Commons today, the Chancellor reaffirmed the government’s commitment to increase defence spending to 2.6% of GDP by April 2027, backing our Armed Forces, creating British jobs in British industries, and prioritising the security of Britain when it is most needed.  

    The Spending Review also backed Welsh industry by continuing investment in the defence industry right across the UK, including Wales.  

    Wales’s aerospace and automotive industries, already employing over 15,000 people, also stands to gain through UK-wide funding announced for the advanced manufacturing sector, enabling the development and delivery of ultra-low and zero-carbon emission vehicles and aircraft.   

    Coal tip safety   

    The Spending Review also confirms a further £118 million between 2026-27 and 2028-29 for the Welsh Government to maintain the safety of disused coal tips, on the back of £25 million already committed in 2025-26 during 2024 Autumn Budget. The money will see tips secured, homes protected and land unlocked for housing, industry and recreation.   

    The UK Government also pledged continued support for Welsh Investment Zones in Cardiff City Region and Wrexham and Flintshire, which will receive £160 million each over 10 years, driving growth and jobs.  

    Supporting Welsh businesses  

    The new Industrial Strategy and Public finance Institutions will collaborate with the devolved governments and local stakeholders to drive growth across the UK. Through the Nations and Regions Investment programme the British Business Bank is delivering £130 million across Wales to break down access to finance barriers and drive economic growth.  

    Local growth funding  

    A new local growth fund, and investments in up to 350 deprived communities across the UK, will maintain the same cash level as in 2025-26 under the Shared Prosperity Fund. The Ministry of Housing, Communities and Local Government and the Wales Office will work with local partners to ensure money goes to projects that matter to local people. This investment will help drive growth and improve communities across all parts of Wales.  

    A record settlement for Welsh public services  

    The Welsh Government will receive the largest settlement in real terms since devolution in 1999, with an average settlement of £22.4 billion per year to deliver against the priorities of working people in Wales.  

    This comprehensive investment package is further delivery of the UK Government’s promise to invest in Britain’s renewal and ensure that economic growth benefits every part of the United Kingdom.

    ENDS

    Updates to this page

    Published 11 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: PASSED THE SENATE: Senators Hassan, Ernst, Slotkin, and Banks’s Bipartisan Legislation to Crack Down on Foreign Adversaries Directing Violent Crimes in the U.S.

    US Senate News:

    Source: United States Senator for New Hampshire Maggie Hassan
    WASHINGTON – The U.S. Senate unanimously passed a bipartisan bill introduced by U.S. Senators Maggie Hassan (D-NH), Joni Ernst (R-IA), Elissa Slotkin (D-MI), and Jim Banks (R-IN) to increase criminal penalties for individuals who commit, or attempt to commit, violent crimes in the United States on behalf of foreign adversaries. The DETERRENCE Act would both hold offenders accountable and deter criminals, including criminal organizations, from taking money from foreign adversaries in exchange for committing crimes on American soil. 
    “It is a direct assault on our national security when foreign adversaries recruit criminals to commit violence on American soil,” said Senator Hassan. “This bipartisan legislation will strengthen criminal penalties on gangs and criminals who engage in violent behavior on behalf of a foreign government. The Senate has sent a clear message that such behavior will be met with severe consequences, and I urge my colleagues in the House to quickly pass this bill to strengthen our national security.” 
    “America will not allow foreign adversaries, like Iran, to finance violent crimes on our soil,” said Senator Ernst. “Peace through strength is back and that includes right here at home. I look forward to the House swiftly passing this commonsense bill to create severe consequences for those who wish to harm our citizens.”
    “If you commit crimes in America on behalf of foreign adversaries, you must face serious consequences,” said Senator Slotkin. “The bipartisan Deterrence Act helps strengthen penalties for these crimes and sends a clear message about how seriously we take our national security and how we will hold accountable those who commit crimes against our nation.”
    Under the DETERRENCE Act, criminals working for foreign adversaries can be sentenced to longer prison sentences. The bill specifically increases criminal penalties for the following federal crimes when the crimes are committed under U.S. jurisdiction on behalf of foreign governments: 
    Engaging in a murder-for-hire scheme 
    Murdering or attempting to murder certain federal officials, including the President
    Murdering or attempting to murder certain former federal officials, or their families, because of their official actions 
    Assaulting certain former federal officials, or their families, because of their official actions 
    Kidnapping or attempted kidnapping 
    Threats of violence using a dangerous weapon against certain current and former federal officials, as well as their families, because of their official actions 
    Stalking 
    This legislation follows reports that foreign adversaries are increasingly turning to criminals to commit violent crimes against their critics, including those who reside in the United States. In November, the Department of Justice (DOJ) charged an Iranian asset and two members of his criminal network for their alleged involvement in a plot to murder a U.S. citizen who has spoken out against the Iranian regime. Senators Hassan, Ernst, and a bipartisan group of colleagues previously wrote to DOJ calling for more information – and discussing the need for increased criminal penalties – to address this troubling trend of foreign-directed violence. 

    MIL OSI USA News –

  • MIL-OSI: Toobit Launches Up to 200x Leverage for BTCUSDT and XAUTUSDT Perpetual Contracts

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Islands, June 11, 2025 (GLOBE NEWSWIRE) — Toobit, an award-winning global cryptocurrency exchange, today announces the launch of up to 200x leverage for BTCUSDT and XAUTUSDT perpetual contracts. This enhancement will grant traders the ability to control larger positions with a smaller capital outlay, offering greater flexibility and precision in fast-moving markets.

    The new leverage allows users to respond and profit more effectively from price movements. BTCUSDT, representing Bitcoin, the world’s most actively traded digital asset, and XAUTUSDT, a leading gold-backed token, now support advanced strategies through more dynamic position sizing and risk management.

    “By extending leverage up to 200x, we’re giving our users more control over their capital and exposure,” said Mike Williams, Chief Communication Officer at Toobit. “Whether they’re navigating crypto volatility or seeking the stability of Tether Gold, traders now have the tools to act with greater agility.”

    With 200x leverage, a trader can control a $20,000 position with just $100 in margin. This magnifies both potential gains and losses, making it a powerful tool for experienced traders looking to respond to fast-moving markets, hedge risk, or enhance short-term trading strategies.

    This update builds on Toobit’s recent adjustment to maintenance margin requirements, which gave traders greater room to maneuver during volatile market conditions. Now, with higher leverage and more breathing space on margin, users can scale positions with increased efficiency and control.

    To learn more or start trading with 200x leverage, visit www.toobit.com.

    About Toobit

    Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what’s next.

    For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

    Contact: Davin C.

    Email: market@toobit.com

    Website: www.toobit.com

    Disclaimer: This is a paid post and is provided by Toobit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/08cefc49-ea31-4cf0-a148-c23bef27e92e

    The MIL Network –

  • MIL-OSI: AVAILABILITY OF THE 2024-2025 UNIVERSAL REGISTRATION DOCUMENT

    Source: GlobeNewswire (MIL-OSI)

    AVAILABILITY OF THE 2024-2025 UNIVERSAL REGISTRATION DOCUMENT

    Bernin (Grenoble), France, June 11, 2025 – Soitec (Euronext Paris) announces the filing today of its 2024-2025 Universal Registration Document in European Single Electronic Format (ESEF) with the French Financial Markets Authority (Autorité des Marchés Financiers – AMF) under number D.25-0439.

    The 2024-2025 Universal Registration Document is made available to the public in compliance with applicable laws and regulations and a French and English version is available for consultation on the Company’s website (www.soitec.com under Investors section – Regulated Information – Financial reports and results & other regulated releases). A French version is also available on the website of the AMF (www.amf-france.org).

    The 2024-2025 Universal Registration Document, comprising the annual financial report, notably contains:

    • the management report, the consolidated and statutory financial statements and related Statutory Auditors’ reports, the information on the fees paid to the Statutory Auditors and the declaration by the person responsible for the Universal Registration Document ;
    • the Board of Directors’ report on corporate governance;
    • the description of the share buyback program ;
    • the sustainability report;
    • the explanatory notes and the draft resolutions submitted to the approval of the Annual General Meeting of July 22, 2025.

    *****

    Agenda

    First-quarter 2025-2026 revenue: July 22, 2025, after market close.

    Annual General Meeting: July 22, 2025.

    *****

    About Soitec

    Soitec (Euronext – Tech Leaders), a world leader in innovative semiconductor materials, has been developing cutting-edge products delivering both technological performance and energy efficiency for over 30 years. From its global headquarters in France, Soitec is expanding internationally with its unique solutions, and generated sales of 0.9 billion Euros in fiscal year 2024-2025. Soitec occupies a key position in the semiconductor value chain, serving three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI. The company relies on the talent and diversity of more than 2,200 employees, representing 50 different nationalities, working at its sites in Europe, the United States and Asia. Nearly 4,300 patents have been registered by Soitec.

    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.

    For more information: https://www.soitec.com/en/ and follow us on LinkedIn and X: @Soitec_Official

    *****

    Media Relations: media@soitec.com

    Investor Relations: investors@soitec.com

    Attachment

    The MIL Network –

  • MIL-OSI USA: Congresswoman Schrier Demands Secretary of the Department of Health and Human Services Immediately Reinstate All Members of the Advisory Committee on Immunization Practices (ACIP) in New Letter

    Source: United States House of Representatives – Congresswoman Kim Schrier, M.D. (WA-08)

    WASHINGTON, DC – Today, Congresswoman Kim Schrier, M.D. (WA-08), pediatrician and member of the Energy and Commerce Committee, led 86 of her colleagues, with the support of Democratic members of the Energy and Commerce Committee, on a letter demanding that Secretary of Health and Human Services (HHS) Robert F. Kennedy Jr. upholds his oath to protect the health of the American people by immediately reinstating the seventeen members of Advisory Committee on Immunization Practices (ACIP) that were recently fired.

     “Secretary Kennedy’s dangerous decision to fire all members of the Advisory Committee on Immunization Practices (ACIP) is a direct attack on science and a threat to our public health,” said Congresswoman Schrier, M.D. “For 61 years, this integral committee of seasoned health care experts has been trusted to evaluate scientific evidence, ask questions, and ultimately make fully transparent recommendations about vaccines. But now, Secretary Kennedy is gutting that expertise and may well use this opportunity to elevate conspiracy theorists and social media influencers to these decision-making positions. As a pediatrician and a member of Congress, I am outraged that the Secretary of Health and Human Services would dismiss science and the medical community and instead welcome those with fringe healthcare ideas into the heart of our public health system. It is just plain dangerous.” 

     Today’s letter comes on the heels of Congresswoman Schrier introducing the Family Vaccine Protection Act that will protect the Advisory Committee for Immunization Practices (ACIP) and remove politics from the life-saving immunization schedule.

     A copy of the letter is below.

     Dear Secretary Kennedy,

     For over 60 years, in both Republican and Democratic Administrations, the Advisory Committee on Immunization Practices (ACIP) has played a pivotal role in keeping Americans healthy and safe. As Members of Congress, we are outraged at your decision to unilaterally remove all 17 individuals from ACIP on June 9th. As Secretary of Health and Human Services (HHS), your duty to this country is to enhance the well-being of all Americans and this decision will cost lives. Your decision to disband the ACIP, a committee of medical and public health experts whose sole focus is to develop vaccine recommendations, completely undermines ACIP’s critical role and endangers this nation’s public health.

    On June 9th, in your opinion piece in the Wall Street Journal, you blame conflict of interests and a lack of curiosity as a rationale for removing this panel of experts from their roles. Your statement belies the rigorous vetting process for ACIP members, including financial disclosures and a review of their previous work on clinical trials. ACIP members must recuse themselves from votes and discussions on vaccines they are studying, or on any other vaccines manufactured by companies that fund their research. In fact, just this year the Centers for Disease Control and Prevention set up a public, searchable database allowing transparency for any conflicts of interest for voting ACIP members dating back to 2000.

     These actions upend ACIP’s thoughtful, evidence-based decision-making and will weave unfounded or disproven theories into what has traditionally been a science-based process trusted by our health care providers. Conducting immunization reviews takes months of deliberation and review of research, and your unilateral decision to abruptly end ACIP’s existing work is detrimental. It has become abundantly clear that your intent is to sow doubt and fear in the American public that will cost lives. With an ongoing measles outbreak and the decline of routine child immunizations, we will see the spread of vaccine-preventable diseases across the country. Your politicization of vaccines has made American families less safe and will return the US to an era before mass vaccination prevented millions of infections and early deaths.

     We demand that you reinstate the fired 17 members to ACIP and uphold your oath to the American people.

    MIL OSI USA News –

  • MIL-OSI USA: Building Affordable Homes in Buffalo

    Source: US State of New York

    overnor Kathy Hochul today announced the completion of the rehabilitation of Ellicott Town Center, a decades-old 281-unit affordable housing development near downtown in the City of Buffalo. Developed by Beacon Communities and First Shiloh Development LLC, an affiliate of the First Shiloh Baptist Church, the project builds on the State’s historic $50 million investment in Buffalo’s East Side. The $71 million rehabilitation also includes 24 units set aside for older New Yorkers. Under Governor Hochul’s leadership, New York State Homes and Community Renewal has financed more than 11,000 affordable homes in Erie County, including nearly 8,000 in Buffalo. Ellicott Town Center continues this effort and complements Governor Hochul’s $25 billion five-year housing plan, which is on track to create or preserve 100,000 affordable homes statewide.

    “The $71 million rehabilitation of Ellicott Town Center demonstrates our commitment to revitalizing the East Side and working with faith-based organizations like the First Shiloh Baptist Church to ensure more individuals and families have access to safe, affordable housing,” Governor Hochul said. “This project preserves 281 homes and continues my administration’s focus on building a stronger, more affordable future for all New Yorkers.”

    Ellicott Town Center includes four high-rise towers which feature 257 affordable apartments originally built in 1958 and called the Ellicott Mall. The development also includes 24 townhome units, originally constructed in 1998, which remain reserved for New Yorkers age 55 and older. All units are affordable to households with incomes at or below 90 percent of the Area Median Income.

    The rehabilitation features both interior and exterior improvements to the buildings, including kitchen and bathroom updates in all apartments, new roofs, windows, siding, sidewalks, and enhanced lighting. The improvements have increased the building’s efficiency and are expected to lead to a 20 percent energy savings.

    Construction at Ellicott Town Center took place in phases, with residents temporarily moved to vacant units during the project.

    State financing for Ellicott Town Center rehabilitation includes support from HCR’s Federal Low-Income Housing Tax Credit Program that generated $31 million in equity, nearly $36 million in tax exempt housing bonds, and nearly $23 million in HCR subsidy. The development also benefits from $300,000 in Clean Energy Initiative, a partnership between HCR and the New York State Energy Research and Development Authority (NYSERDA) that aligns the development and preservation of affordable housing with New York’s affordable and just transition to a clean energy economy.

    New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, “The $71 million revitalization of Ellicott Town Center not only preserves 281 affordable homes on Buffalo’s East Side, it also transforms underutilized and aging buildings into vibrant, modern homes that will serve this neighborhood for years to come. Thank you to our partners at Beacon Communities and First Shiloh Development LLC for their work on this remarkable development that contributes to Governor Hochul’s vision for a more equitable and sustainable future for Western New York.”

    New York State Energy Research and Development Authority President and CEO Doreen Harris said, “New York continues to transform its aging building stock with the latest clean energy technologies, demonstrating pathways to affordable, modern housing throughout the state. This project maintains the development’s original mission to serve older New Yorkers and invest in Buffalo’s East Side community while allowing current and future residents to benefit from an energy efficient, quality and comfortable living environment.”

    Senator Chuck Schumer said, “Every family in Buffalo deserves a safe and affordable place to call home. I’m proud that the federal Low-Income Housing Tax Credit that I worked hard to protect and expand has delivered millions to rehabilitate nearly 300 homes at Ellicott Town Center on Buffalo’s East Side. High housing costs are a key driver of inflation so we must build more housing for working people to bring down those high prices. I applaud Governor Hochul’s work increasing access to affordable housing in Buffalo and across Western New York, and I will continue working to deliver federal resources to ensure that every New Yorker has a roof over their heads.”

    State Senator April Baskin said, “Just two years ago, ground was broken on a project designed to ensure access to quality housing on East Eagle Street. Now that concept has come to fruition, allowing older residents to live in safe, sustainable, affordable apartments and townhomes. Thanks to state and federal tax credits, along with the partnership between First Shiloh Development LLC and Beacon Communities, successful projects like the Ellicott Town Center are proof that we will celebrate these victories and never stop addressing the systemic social and economic inequalities that continue to impact this community.”

    Assemblymember Crystal Peoples-Stokes said, “The rehabilitation of Ellicott Town Homes is a substantial commitment from the state towards equity and investment for our seniors and residents of Buffalo’s east side. Modernized, energy-efficient housing ushers in a brighter future for Ellicott Town Homes residents. I thank Governor Hochul, NYS Housing & Community Renewal, First Shiloh Development LLC and Beacon for putting this project together for the benefit of our community.”

    Buffalo Mayor Chris Scanlon said, “As the Mayor of Buffalo, having access to affordable housing is crucial for all City residents. The completion of renovations at the Ellicott Town Center affordable housing complex provides Buffalo seniors and families with a safe, highly efficient, and comfortable living environment. This $71 million rehab and preservation project is another great collaboration between community-based organizations, religious institutions, private sector investments and multiple levels of government support, including the approval of a partial loan forgiveness by The Buffalo Urban Renewal Agency. I’d like to thank Governor Kathy Hochul and all of our partners for their continued commitment to provide affordable housing in East Buffalo.”

    Buffalo Common Council Majority Leader Halton-Pope said, “The rehabilitation of Ellicott Town Center is more than a construction project — it’s a promise kept to the residents of Buffalo’s East Side. By preserving 281 affordable homes, including those for older adults, this investment reinforces our commitment to dignified housing, community stability, and equitable development. I’m especially proud to see faith-based institutions like First Shiloh Baptist Church leading the way in this work, reminding us that progress is strongest when it’s rooted in partnership and purpose.”

    Erie County Executive Mark C. Poloncarz said, “Affordable housing continues to be a critical issue in Erie County, just as it is across America, and the Ellicott Town Center project is an example of how to tackle the issue the right way. These investments build stronger communities, improve residents’ lives, and create better places to live.”

    Beacon Communities CEO Dara Kovel said, “This long-awaited renovation is an investment in the future of the City of Buffalo. Ellicott Town Center will provide residents with the high-quality, affordable, and sustainable housing they deserve so that they may continue to contribute to the vitality of this City. We’re grateful to our partners at First Shiloh Housing Corporations and our public and private sector partners for their vision and commitment to creating housing opportunities for all citizens of New York State.”

    First Shiloh Baptist Church Reverend Dr. Jonathan R. Staples said, “We are thrilled to announce the reopening of Ellicott Town Center, a cornerstone of our mission, to serve our community with compassion and dignity. Since its inception, this project has been a beacon of hope, providing safe and stable housing to those in need. Through the grace of God and the unwavering support of our congregation, partners, and volunteers, we have revitalized this initiative to continue offering refuge, restoration, and renewal. As we reopen our doors, we reaffirm our commitment to fostering a welcoming environment where everyone is valued and uplifted. We invite you to join us in celebrating this milestone and in working together to build a future rooted in faith, community, and love. May this housing program remain a source of strength and support for all who seek shelter and belonging.”

    Governor Hochul’s Housing Agenda

    Governor Hochul is dedicated to addressing New York’s housing crisis and making the State more affordable and more livable for all New Yorkers. As part of the FY25 Enacted Budget, the Governor secured a landmark agreement to increase New York’s housing supply through new tax incentives, capital funding, and new protections for renters and homeowners. Building on this commitment, the FY26 Enacted Budget includes more than $1.5 billion in new State funding for housing, a Housing Access Voucher pilot program, and new policies to improve affordability for tenants and homebuyers. These measures complement the Governor’s five-year, $25 billion Housing Plan, included in the FY23 Enacted Budget, to create or preserve 100,000 affordable homes statewide, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes. More than 60,000 homes have been created or preserved to date.

    The FY25 and FY26 Enacted Budgets also strengthened the Governor’s Pro-Housing Community Program — which allows certified localities exclusive access to up to $750 million in discretionary State funding. Currently, more than 300 communities have received Pro Housing certification, including Buffalo

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Chancellor “knows know the price of everything and the value of nothing.” say Greens in response to Spending Review

    Source: Green Party of England and Wales

    by Green Party

    Responding to the Spending Review, Green Party Co-Leader, Adrian Ramsay MP, said,

    “Today’s Spending Review shows we have a chancellor who seems to know the price of everything and the value of nothing. While today Reeves may have balanced her spreadsheet, it is done on the backs of some of the worst off in our society. The proof is in how many will still be feeling worse off as the cost-of-living crisis bites hard.

    People want to feel pride in Britain again, and for this, they need real hope. Hope only comes from seeing how things will improve through real investment in the everyday services we all rely on.

    Despite the rhetoric in the chamber, it is clear that this Spending Review represents a squeeze in many frontline budgets. With education, for example, where many schools are already being forced to make difficult budget cuts, core school budgets are set to rise by just 0.6% – well under that of inflation. It is hard to see this money ever reaching our teachers and children in the classroom. Equally, I am horrified to see real-term cuts to Defra funding, just as the impact of climate change is starting to affect our communities. Now is the time to invest in climate resilience and preparedness.”

    He continued, “These ‘tough decisions’ are actually ‘Labour’s political choices’. They are choosing to leave the economy tilted towards those with considerable wealth. Our front-line services continue to deteriorate through a political choice of decline by design. By introducing a wealth tax on the super-rich, we could instead properly invest in our children’s future. We could give them the education they deserve and start now to invest in the climate resilience and preparedness they will need throughout their lives as the climate crisis unfolds.”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: The UK will continue to play its part in cooperating with the Mechanism: UK Statement at the UN Security Council

    Source: United Kingdom – Executive Government & Departments

    Speech

    The UK will continue to play its part in cooperating with the Mechanism: UK Statement at the UN Security Council

    Statement by Legal Adviser Colin McIntyre at the UN Security Council meeting on the International Residual Mechanism for Criminal Tribunals.

    Madam President, I will make four points today.

    First, as the president of the Mechanism rightly noted in her remarks today, the upcoming 30th anniversary of the genocide at Srebrenica reminds us of the significance of the work which the Mechanism has undertaken. And important work continues with the Mechanism continuing to perform important judicial, prosecutorial and operational functions as part of its ongoing work.   

    Second, State cooperation with the Mechanism remains essential, and we welcome the support that States continue to provide. 

    The UK will continue to play its part, including through the enforcement of a number of sentences of imprisonment of persons convicted by the Mechanism or its predecessor institutions.

    We welcome the President’s request for States to give serious consideration to enforcing the sentences of imprisonment of persons currently housed in the UN Detention Unit in The Hague.  

    And we call once again on Serbia to ensure the arrest and transfer of Petar Jojic and Vjerica Radeta to the Mechanism.

    Third, the President made reference in her remarks today to a case in the UK relating to a judge from the Mechanism roster. The UK would like to thank the Secretary-General for the prompt action taken to waive immunity and for the close co-operation that UK and UN officials took to keep each other updated on the case.

    Fourth and finally, as we look to the future, it is important to have regard to the broader context. This includes both the Mechanism’s status as a residual institution and the financial challenges facing the United Nations more broadly.  

    There will therefore continue to be a need for rigorous budgeting and efficiency in all UN bodies, including at the Mechanism. In this context, we welcome the measures that the Mechanism has taken to maximise efficiency as outlined in the report.  

    We are also pleased to hear of the ongoing cross-organ consultation on options for the location of the archives and for the transfer of certain other functions. 

    We encourage the Mechanism to continue and to deepen such work over the period ahead. 

    We look forward to seeing more detailed proposals in the Secretary-General’s reports later in the year. 

    This will be helpful as we work to deliver the vision of the Mechanism as a small, temporary and efficient institution.

    Madam President, to conclude, the UK remains a steadfast supporter of the Mechanism’s work and of its role in delivering justice.

    Updates to this page

    Published 11 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Statement by council leader on central government Spending Review

    Source: City of Leeds

    Leeds City Council’s leader has given his response to the UK Government’s newly-published Spending Review 2025.

    Councillor James Lewis, leader of Leeds City Council, said:

    “Today’s Spending Review is a big moment for the country and contains much that makes encouraging reading for both the council and the city of Leeds as a whole.

    “The £39bn national investment in affordable housing announced by the Chancellor is welcome news for local authorities, and underlines the value of what we have already achieved as a council with the delivery of hundreds of new homes in Leeds.

    “Confirmation of £2.1bn of funding support for a new tram network serving Leeds and other parts of West Yorkshire, meanwhile, is a vital boost for a scheme that will bring jobs and opportunities within easier reach of thousands of people.

    “The £240m announced for work to increase capacity and ease congestion at Leeds City Station will also make a huge difference to our transport infrastructure.

    “It was really pleasing, too, to hear that the Chancellor will be setting out plans in the coming weeks to take forward the Northern Powerhouse Rail programme.

    “In addition, I’m delighted that Middleton Park Avenue has been named as one of 25 trailblazer neighbourhoods that will receive up to £20m over the next decade to support regeneration and renewal.

    “Investment in areas such as school buildings, NHS technology and training for young people will also, I’m sure, have a positive impact on communities across cities like Leeds.

    “It should be stressed, however, that we, in common with local authorities up and down the country, continue to face severe financial pressures following austerity-era cuts that saw our core government funding reduced by roughly £260m for each year between 2011 and 2023.

    “This means, as we digest the full details and implications of the Spending Review, we will be working as hard as ever to keep delivering our frontline services in ways that meet the needs of the people of Leeds and are also cost effective.”

    ENDS

    MIL OSI United Kingdom –

  • MIL-OSI Europe: New group to drive down business costs

    Source: Government of Ireland – Department of Jobs Enterprise and Innovation

    11th June 2025

    • The Cost of Business Advisory Forum met today for the first time
    • Group chaired by Former Labour Court Judge Kevin Foley, and Vice Chaired by Mr. Ronan Byrne, Manager of Bloomfield Hotel

    The Inaugural meeting of a new Department of Enterprise-led group to examine the costs involved in running a business held its first meeting today. 

    The Minister for Enterprise, Tourism and Employment Peter Burke has established the new group with the aim of reducing the cost of running a business, and addressing delays which can impact the operation of businesses in Ireland. For the first time, regulators will be directly in the room to hear from business owners and representatives themselves.

    The Forum brings together business owners, retailers, tourism operators, accounting professionals and representative groups—alongside regulators and state agencies—to look at the structural issues that are driving up costs and the steps that could be taken to mitigate them.  

    “I’ve been looking forward to the first meeting of the Cost of Business Advisory Forum, and hearing directly from the people who run businesses, employ our citizens and keep our economy strong. I believe it is important for our regulators, our Government Departments and our decision-makers to hear directly from this key cohort, the people that are at the coal face when we implement policy and regulations.

    “I want to thank Mr. Kevin Foley, former Chair of the Labour Court, and Mr. Ronan Byrne, General Manager of Bloomfield Hotel for agreeing to be our Chairperson and Vice-Chairperson, respectively. This Forum is about balance and reflecting all sectors of business, and ensuring all voices are heard in this important discussion.

    “After our initial meeting, each subsequent session will focus on a specific theme, like licensing, infrastructure, or regulatory fees, with the relevant regulators invited to attend and respond. The goal is to create a space where businesses can speak directly to decision-makers about the real-world impact of rules and charges—and identify areas to make practical changes.”

    ENDS

    Notes to Editors

    Group includes representatives from:

    • American Chamber of Commerce (AmCham)
    • Chambers Ireland
    • Chartered Accountants Ireland
    • Irish Business Employers Confederation (IBEC)
    • Irish Exporters Association
    • Irish Farmers Association (IFA)
    • Irish Small and Medium Enterprises (ISME)
    • Irish Tax Institute
    • Irish Tourism Industry Confederation (ITIC)
    • Retail Excellence Ireland
    • Small Firms Associations (SFA)
    • Central Bank 
    • Coimisiún na Mean
    • Commission for Communications Regulation (ComReg)
    • Commission for Regulation of Utilities (CRU)
    • Companies Registration Office
    • Competition and Consumer Protection Commission
    • Eirgrid
    • Enterprise Ireland 
    • Environmental Protection Agency (EPA)
    • ESB Networks
    • Fáilte Ireland
    • Gas Networks Ireland
    • Health & Safety Authority
    • IDA Ireland
    • Transport Infrastructure Ireland (TII)
    • Office of the Revenue Commissioners
    • Immigration Service Delivery

    Back to Department News

    Back to Top

    MIL OSI Europe News –

  • MIL-OSI China: Foreign Minister Lin meets with delegation led by Mayor Zdanowska of Polish city of Łódź

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    Foreign Minister Lin meets with delegation led by Mayor Zdanowska of Polish city of Łódź

    • Date：2025-06-05
    • Data Source：Department of European Affairs

    June 5, 2025  

    No. 196  

    Minister of Foreign Affairs Lin Chia-lung on the morning of June 4 met with a delegation led by Hanna Zdanowska, Mayor of Łódź, Poland. The six-member delegation also included Łódź University of Technology Rector Krzysztof Jóźwik, Łódź City Councilors Beata Bilska and Maciej Rakowski, and Łódź city government officials. The two sides engaged in an in-depth exchange of opinions regarding Taiwan-Poland interactions on economics and trade, culture, and academic and city affairs.

     

    During the meeting, Minister Lin began by once again welcoming Mayor Zdanowska to Taiwan and thanking her for the warm reception extended to him during his visit to Łódź in November 2024. Noting that city-to-city diplomacy played an important role in Taiwan’s overall external relations, Minister Lin said he was delighted that the delegation would be meeting with Tainan Mayor Huang Wei-che to formally conclude a sister-city agreement. He said that Tainan and Łódź had many things in common and that he looked forward to the two cities continuing to deepen substantive cooperation, further expanding mutual interactions and exchanges in a range of areas, and developing a mutually beneficial partnership.

     

    Mayor Zdanowska said that Łódź, a city with a long history at the heart of Poland, enjoyed convenient transport links, a rich cultural heritage, and a solid industrial foundation. Remarking that the development of special economic zones and road and airport infrastructure had much improved the city’s economic prospects in recent years, she said she hoped that Taiwanese industries would work with Łódź to generate mutual prosperity. Mayor Zdanowska also stated that Łódź had recently been active in developing its film and television and arts and cultural industries, and said she believed there was room for collaboration with related sectors in Taiwan.

     

    Taiwan and Poland share such values as freedom and democracy. The Ministry of Foreign Affairs will continue to promote close cooperation between Taiwan and Poland and seek to deepen their resilient partnership so as to create enduring prosperity and well-being for the peoples on both sides. (E)

    MIL OSI China News –

  • MIL-OSI: CIC – Notice of Early Redemption (ISIN code: FR0000584377)

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT (SEE “DISCLAIMER” BELOW).

    Paris, June 11th 2025

    Notice of Early Redemption

    To : (i)      The Noteholders of the below mentioned Notes;
    (ii)      Euronext Paris
    (iii)      Fiscal Agent.

    Dear Sirs,

    Crédit Industriel et Commecial S.A.,
    Issuance of F 500 000 000 (€76 224 508),
    Undated Subordinatede Notes
    With the Isin code: FR0000584377 (the ‘’Notes’’);

    Crédit Industriel et Commercial S.A., (formerly “Compagnie Financière de Crédit Industriel et Commercial’’) is the issuer (the “Issuer’’) of the Notes.

    In accordance with the terms and conditions of the Notes (the ‘’Conditions’’), the Issuer hereby gives notice that it is exercising in whole its right to redeem the Notes pursuant to the provision Redemption (‘’Remboursement’’) of the Listing Particulars (“Issuer Call Option”) of the Notes.

    We, the Issuer, instruct you as Fiscal Agent, to authorise the French Central Securities Depository to cancel the Notes redeemed on 21 July, 2025 (“Early Redemption Date”).

    For the purposes of the Issuer Call:

    (i) the Issuer Call Date will be 21 July, 2025; and
    (ii) the Optional Redemption Amount(s) or Early Redemption Amount excluding accrued interest is: 769.87 euros per Denomination.

    Unless otherwise defined in this notice, capitalised terms used in this notice shall have the meaning given to them in the Listing Particulars (‘’Note d’Information’’) dated June, 1987, as applicable, relating to the Notes.

    Yours faithfully,

    For and on behalf of

    Crédit Industriel et Commercial S.A.,

    By Eric CUZZUCOLI

    Duly authorized

    DISCLAIMER
    This press release does not constitute an offer to purchase, or the solicitation of an offer to sell, the Instruments in the United States, Canada, Australia, or Japan or in any other jurisdiction, including France. The distribution of this press release in certain jurisdictions may be restricted by law. Persons into whose possession this press release comes are required to inform themselves and observe any such restrictions. No communication may be distributed to the public in any jurisdiction in which registration or approval is required. No action has been or will be taken in any jurisdiction where such action would be required; CIC disclaims any liability for any violation by any person of such restrictions.

    Contacts
    Corporate Communications and Press Relations Department: +33 (0)1 53 48 26 00 – compresse@cic.fr
    Investor Relations: bfcm-web@creditmutuel.fr

    About CIC
    CIC is a leading bank in France and internationally, and the bank of one in three businesses in France. It provides nearly 5.5 million customers with a French network of nearly 1,800 branches and 20,000 employees, as well as international branches in 37 countries. In order to meet the needs of all economic players and to build up a constantly efficient offer on a daily basis, it combines financial, insurance, telephony and cutting-edge technological services with a high level of financial solidity backed by that of its parent company, Crédit Mutuel Alliance Fédérale. For more information, visit cic.fr

    Attachment

    The MIL Network –

  • MIL-OSI Analysis: Resilient, sustainable food systems are Canada’s best defence against American tariffs

    Source: The Conversation – Canada – By Érick Duchesne, Professeur, Département de science politique, Université Laval

    Earlier this year, Donald Trump’s administration in the United States reimposed tariffs on Canadian items, including agricultural products, citing supposed national security concerns. Agricultural products have little to do with defence, and the move sent shockwaves through Canada’s farming community.

    We are members of the Common Ground Network, a national initiative of about 100 scholars promoting collaboration for sustainable agriculture and food systems in Canada.

    The Common Ground Network is closely monitoring the impact of tariffs and trade tensions on Canadian communities and the transition to a net-zero economy across all regions of Canada.

    The consequences for Canadian and American agriculture run deep — and could prove long-lasting. According to RealAgristudies’s survey of 660 Canadian farmers, 59 per cent expected a negative impact on their business, rising to 88 per cent in the livestock sector.

    Structural risk ahead if tariffs remain

    Trump’s tariffs have sharply reduced Canada’s agricultural exports to the U.S., with beef, pork and canola hit hardest. U.S. Department of Agriculture data shows an eight to five per cent drop in beef and pork exports in early 2025 compared to 2024.

    Fed cattle prices plummeted 22.6 per cent, with estimated revenue losses of C$4.02 billion. Canola exports are also expected to decline significantly.

    If current tariffs persist, Canada is at risk not just of short-term disruption but long-term structural damage to its agri-food sector. Rising input costs, shrinking revenues and market volatility are squeezing farmers and weakening overall competitiveness. Some Canadian producers are already struggling with oversupply due to market disruption.

    The tariffs could also threaten the economic sovereignty and food access of Indigenous farmers who rely on cross-border trade, and remote communities that depend on imported goods for food supply. If prolonged, these trade shocks could cut Canada’s GDP by three per cent, spark a recession and fuel lasting price volatility.

    American farmers also feeling the pain

    Ironically, Trump’s protectionism is also hurting American farmers. Canada, which supplies 20 per cent of agri-food imports to the U.S., has imposed retaliatory tariffs on goods like cheese and apples, prompting Canadian buyers to shift to other suppliers. That could result in long-term market share loss for U.S. producers.

    Integrated supply chains are strained, with American processors now facing higher costs for Canadian products like canola oil, beef and pork. Combined with domestic issues like water restrictions and labour shortages, U.S. agriculture is under mounting pressure on various fronts.

    Canada and the U.S. have built one of the world’s most integrated agri-food systems. In 2023, bilateral trade in the sector reached US$72.6 billion.

    This interdependence matters: a hamburger might include Canadian beef raised in the U.S., processed in Ontario and served on a Canadian wheat bun. But tariffs and mistrust now threaten this co-operation. Once lost, these market positions may be hard to recover, even after tariffs are lifted, as rebuilding supply chains and cross-border trust will be slow.

    Trade tensions are affecting food security and grocery baskets in multiple ways. Higher costs are passed on to consumers, creating lasting price increases — especially for goods with few substitutes, like coffee.

    The Consumer Price Index shows that prices of food purchased from stores increased 3.9 per cent between January 2025 and April 2025, fuelled by tariffs. Infant formula increased by six per cent, coffee by about 10 per cent and some beef cuts by about 13 per cent.



    Read more:
    Trump tariffs have sparked a ‘Buy Canadian’ surge, but keeping the trend alive faces hurdles

    Shortages from rising costs and reduced U.S. demand limit choices and drive prices up — especially hurting low-income households. These tariffs fuel food inflation and reduce access to essentials.

    Tariffs are also shifting behaviour: Food Processing Skills Canada found that 67 per cent of Canadians are buying more local products, 76 per cent are avoiding U.S. goods and 43 per cent have changed their grocery habits significantly. These trends were echoed in Angus Reid’s February 2025 study.

    The net-zero transition

    The tariffs will probably disrupt Canada’s ability to meet its net-zero emissions targets by 2050. Food processors and farmers in Canada relying on U.S. machinery and clean-tech components now face higher costs, slowing the adoption of low-emission technologies and sustainable agricultural practices.

    The tariffs are likely to undermine efforts to build a resilient, adaptive food system in Canada capable of withstanding climate-related disruptions. Dealing with the tariffs along with the need to reconfigure supply chains will likely increase Canada’s carbon footprint, whether that’s due to the increased transport emissions of distant markets or delayed or cancelled investments in carbon-reducing technologies.

    These trade disruptions also risk diverting political attention away from long-term sustainability goals. The current political focus may prioritize short-term economic stabilization, potentially stalling the momentum needed for a transformative food system change in Canada.



    Read more:
    Canadian Food Policy Advisory Council: A collaborative approach to strengthening food systems

    Canada needs to respond boldly

    Canada can diversify exports through its 15 trade deals, including the Canada-European Union Comprehensive Economic and Trade Agreement, known as CETA, and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Canada’s 15 trade agreements provide access to 51 countries, representing 66 per cent of global GDP, which is the total value of all goods and services produced in the world during a specific time period.

    Furthermore, Canada can pursue new trade agreements and partnerships in emerging markets and invest more to further help the agri-food sector expand globally.

    Canada can challenge unfair trade practices through the Canada-United States-Mexico Agreement’s state-to-state dispute panels and the binational panel review mechanism to challenge U.S. tariffs on Canadian goods.

    Canada can also leverage trade alliances like the Ottawa Group — a 14-member coalition that works on addressing multilateral trade challenges — to voice its concerns on the global stage.

    Investing in agricultural innovation can also boost productivity, reduce emissions, enhance global competitiveness and build resilience against tariff shocks.

    Improvements to transportation networks, storage and processing facilities, and broadband connectivity are also critical for reducing supply chain bottlenecks and enabling rural producers to access broader markets.

    Trump has repeatedly threatened Canada’s supply management system, which controls the dairy, egg and poultry industries. Supply management has been a reliable system for Canadian farmers and consumers. Easing interprovincial trade and supporting local food systems to reduce the unnecessary exports of dairy products and cold-climate fruits, beef and seafood could result in greater national self-reliance.

    Dairy cows at a Québec farm.
    THE CANADIAN PRESS/Ryan Remiorz

    Strategy over retaliation

    In response to American tariffs, there has been a shift in consumer sentiment. This presents an opportunity to encourage consumers to support local producers, reduce dependence on imports and build national economic resilience.

    Canada must rethink its trade and agricultural frameworks for the decades ahead.

    The future of Canada’s farming sector — and by extension its food security, rural communities and economic sovereignty — will depend on its ability to turn today’s crisis into tomorrow’s opportunity.

    Érick Duchesne is a member of the Common Ground Network, which is funded by the Social Sciences and Humanities Research Council of Canada (SSHRC).

    Gregory Cameron is a member of the Common Ground Network, which is funded by the Social Sciences and Humanities Research Council of Canada (SSHRC).

    Gumataw Abebe is a member of the Common Ground Network, which is funded by the Social Sciences and Humanities Research Council of Canada (SSHRC).

    Monika Korzun is a member of the Common Ground Network. She receives research funding from the Social Sciences and Humanities Research Council of Canada (SSHRC) as well as Natural Sciences and Engineering Research Council (NSERC). Monika Korzun is a board member of the Atlantic Food Action Coalition (AFAC).

    – ref. Resilient, sustainable food systems are Canada’s best defence against American tariffs – https://theconversation.com/resilient-sustainable-food-systems-are-canadas-best-defence-against-american-tariffs-257946

    MIL OSI Analysis –

  • MIL-OSI Canada: Saskatchewan Building Permit Growth Up 31.5 Per Cent, Leading the Nation

    Source: Government of Canada regional news

    Released on June 11, 2025

    Province’s Strong Year-Over-Year Growth Ranks First Among the Provinces

    Statistics Canada’s latest figures indicate a 31.5 per cent increase from April 2024 to April 2025 (seasonally adjusted) in the value of building permits issued in Saskatchewan. The value reached $290 million (seasonally adjusted) in April 2025.

    “The continued rise in building permits demonstrates how our strong economy is delivering for Saskatchewan people,” Trade and Export Development Minister Warren Kaeding said. “Our stable business environment and competitive incentives are bringing jobs, investments and opportunities to everyone who calls this province home.” 

    Month-over-month figures also saw growth, with the value increasing 2.9 per cent from March 2025. Non-residential building permits increased by 57.1 per cent.

    The total value of building permits represents the dollar value of construction permits for residential and non-residential buildings.

    Statistics Canada’s latest GDP numbers indicate that Saskatchewan’s 2024 real GDP reached an all-time high of $80.5 billion, increasing by $2.6 billion, or 3.4 per cent. This ranks Saskatchewan second in the nation for real GDP growth and above the national average of 1.6 per cent. 

    Private capital investment in Saskatchewan increased last year by 17.3 per cent to $14.7 billion, ranking first among provinces for growth. Private capital investment is projected to reach $16.2 billion in 2025, an increase of 10.1 per cent over 2024. This is the second highest anticipated percentage increase among the provinces.  

    Last year, the province released Securing the Next Decade of Growth: Saskatchewan’s Investment Attraction Strategy, in conjunction with the launch of the investSK.ca website. These initiatives are positioned to amplify growth in Saskatchewan, serving as pivotal instruments in driving further development. 

    For more information, visit: InvestSK.ca.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI USA: Scalise Corrects Record on Faulty CBO Projections

    Source: United States House of Representatives – Congressman Steve Scalise (1st District of Louisiana)

    WASHINGTON, D.C.—Today, House Majority Leader Steve Scalise (R-La.) joined Speaker Mike Johnson (R-La.), House Majority Whip Tom Emmer (R-Minn.), Conference Chairwoman Lisa McClain (R-Mich.), and Congressman Mark Messmer (R-Ind.) to discuss how the One Big Beautiful Bill will reduce our deficit and unleash economic growth. Leader Scalise slammed the Congressional Budget Office’s false projections, noting their history of miscalculating opportunities for economic growth like they did with the 2017 Tax Cuts and Jobs Act. Leader Scalise highlighted how House Republicans will continue to rally around legislation that protects taxpayer dollars, pointing to the White House-requested rescissions package that Leader Scalise is bringing to the House Floor next week. Additionally, Leader Scalise condemned the horrific antisemitic terror attacks that continue around the country.

    Click here or the image above to view Leader Scalise’s full remarks. 
    On the rise in antisemitic terror attacks:“We all mourn those who were the victims of these attacks here in Washington, D.C., as well as in Boulder, Colorado. And it just unfortunately highlights this continued antisemitism we’ve seen around the country. Last week, I met with Jewish leaders, and they’re understandably concerned about this trend that keeps going on. It’s been going on for years. You know, you go back to October 7th, and ever since then, it’s been a growing equivocation between almost trying to equivocate what the people who attacked and murdered Jews in Israel and Americans and kept hostages with those in Gaza who we’ve seen what Gaza has become in and all of those who want to clean up Gaza. President Trump has made it clear, Prime Minister Netanyahu has made it clear, they want to turn Gaza back into a place where you don’t have to fear for your life that it’s going to be a terrorist hotbed. And yet there are people there that want to sympathize with the very terrorists who want to continue to not only carry out evil against Israelis, but against people here in America and all across the globe. It’s got to stop. We’re going to continue to bring legislation on the House Floor to address it.”On House Republicans unifying around reconciliation:“Now, I do want to talk about the one big beautiful bill. This House came together in a way that maybe surprised some people here in Washington. We’ve defied the odds every step of the way, from the first vote on the budget to the second vote on the budget to final passage. But there’s a reason for that.“And, you know, as the Whip just said, we’ve said all along, failure is not an option. I’ve been asked by some in the press, ‘What’s plan B?’ when there were reports that the bill was going to fail. And we were very clear, and it wasn’t just a talking point, we said there is no plan B. The American economy, the voters of this country demanded that Congress deliver on the promises that President Trump made to get this country turned around. And what we do in this bill delivers on so many different fronts to help grow America’s economy, to create jobs, to put more money in the pockets of hardworking families. That’s been the focus of this bill from the very beginning.”On CBO’s history of miscalculating economic growth: “I think there are some people that start reading too many Congressional Budget Office reports and ignore the lessons of history. And there’s an old saying that if you ignore the lessons of history, you’re doomed to repeat it. But I think it’s important to go down that road of history and go back to 2017. You don’t need to go back that far to see how wrong the CBO has been when it comes time to make prognostications on economic growth. They’ve always been wrong, and they’ve always ignored what tax cuts will do to grow the American economy. In 2017, when we started this process, when President Trump came in and said, ‘We’re going to make America competitive again,’ we were at a 35% corporate rate, and we were losing jobs all across the globe. Every month, you’d see a great American company move to a foreign country, and they would take the jobs along with them. Millions of jobs were leaving America. They were called inversions. You don’t maybe know that term as well anymore, because we haven’t had an inversion since we passed TCJA in 2017.“But if you go back, look at what CBO said about that bill. They said it would cost a decrease in revenue to the tune of one and a half trillion dollars. One and a half trillion. Now you go look at the numbers, they were off by more than one and a half trillion dollars. Because what they left out of that report, just like they’re leaving it out again, CBO is making the same mistakes. They ignore economic growth. What we saw in 2017 when we cut taxes is that businesses started growing. They started giving pay raises to their workers. They hired millions more people. Unemployment went virtually to zero. Inflation dropped dramatically. People had more money in their pockets because wages were up.And all of those things produced more money for the American Treasury. It all happened, and yet CBO failed to recognize that. And they’re making the same mistake again. And anybody who repeats CBO’s analysis is also making those same mistakes.”On the historic growth this bill will generate for hardworking Americans:“If you ignore the growth that will come with keeping tax rates low, with helping businesses invest more in their workers, giving pay raises, putting more money in the pockets of waiters and waitresses, overtime workers not having to pay taxes on overtime, bonus depreciation, immediate expensing, all the things that will generate economic growth and ultimately put more money in the pockets of workers and send more money up to the federal Treasury here in Washington. CBO missed all of that in 2017, and they’re missing it again this time. That’s the only way they’ve come to a conclusion that it would increase the deficit. This bill will actually reduce the deficit if you recognize the historical economic growth that has always been there. To say you’re going to get 1.8% growth, at a minimum, we think you can get 2.5 to 4% growth. Scott Bessent, the Treasury Secretary, says over 4% economic growth. So I get that, you know, we’ve got to play by the rules of the referee, but the referee has been wrong. You know, we got a referee that tries to sack our quarterback a lot, and yet we still manage to play by those rules and deliver for the American people. Because when this bill is passed and signed into law, hopefully by July 4th, when the Senate does their work, you’re going to see economic growth in this country like we haven’t seen in generations, meaning more pay in the pockets of workers. And you’re going to see more Treasury money coming in because of the growth in the American economy. It’s happened before, and it will happen again. We just need to keep moving forward. And the Senate’s got the bill now, and I’m confident they’re going to move it on and ultimately back to us to the president’s desk.”On putting the rescissions package on the House Floor:“And finally, you saw yesterday the White House sent the rescissions package. This is the first maybe of many. We are now putting that in bill format. We’ll file that bill hopefully by tomorrow and then bring it up to the floor quickly and get rid of more waste, fraud, and abuse in the federal government. This will deal with, obviously, the abuses we all saw at USAID, NPR, and public broadcasting. So those are the things that are going to be in this rescissions package. We’re going to continue working with President Trump to root out waste, fraud, and abuse and get the American economy turning around again.”

    MIL OSI USA News –

  • MIL-OSI USA: Foster, Obernolte Introduce CRISIS Act to Capitalize on Russian Brain Drain

    Source: United States House of Representatives – Congressman Bill Foster (11th District of Illinois)

    Washington, DC – Today, Reps. Bill Foster (D-IL) and Jay Obernolte (R-CA) introduced the bipartisan Countering Russian Innovation and Safeguarding Individual Scientists (CRISIS) Act. This bill would make certain vetted Russian nationals with advanced science, technology, engineering, and mathematics (STEM) degrees eligible for permanent resident status in the U.S., allowing them to contribute to American research and innovation.

    “Welcoming vetted STEM experts to the United States is a strategic investment in our own future—one that allows some of the world’s top scientific and technical minds to contribute to our economy and advance critical research,” said Rep. Foster. “The CRISIS Act is an important bipartisan step that strengthens our national security and global leadership.”

    “The United States has long benefited from being a destination for the world’s brightest minds,” said Rep. Obernolte. “The CRISIS Act helps ensure that highly skilled, fully vetted scientists and engineers—many of whom were trained at American universities—can continue their work here, contributing to our economy, advancing innovation, and strengthening our global competitiveness.”

    The CRISIS Act is endorsed by the Institute of Electrical and Electronics Engineers and the National Immigration Forum.

    A copy of the bill is available here.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Pickleball Company Owner Waives Discharge of Over $47M in Unsecured Debt After USTP Investigation

    Source: US State of California

    A pickleball entrepreneur who was forced into bankruptcy by investors he lured with promises of generous returns recently agreed to waive his bankruptcy discharge after an investigation by the Justice Department’s U.S. Trustee Program (USTP), preventing the discharge of more than $47 million in unsecured debt.

    On May 14, the Bankruptcy Court for the Southern District of Indiana approved a voluntary waiver of discharge by debtor Rodney Grubbs, owner of All About Pickleball LLC, an apparel and equipment company that did business as Pickleball Rocks. As a result, Grubbs remains personally liable for his debts, and creditors are free to pursue payment from him after the case is closed.

    Grubbs solicited investments from pickleball players and fans from across the United States, usually in the form of promissory notes with purportedly guaranteed interest rates of 10 percent or higher. In December 2023, several unpaid investors filed an involuntary bankruptcy petition against Grubbs under chapter 7 of the Bankruptcy Code. Grubbs opposed the petition, but after a hearing in which he testified to using new investors’ funds to pay back previous investors, the bankruptcy court granted the involuntary petition and ordered the case to proceed. Grubbs eventually disclosed nearly $1.6 million in assets and more than $47 million in liabilities, the vast majority of them unsecured debts owed to hundreds of individuals.

    As part of its extensive investigation, the USTP’s Indianapolis office obtained Grubbs’ personal and business financial records and examined him under oath. Ultimately, Grubbs — who also faced allegations from multiple creditors consistent with a Ponzi scheme — elected to waive his bankruptcy discharge.

    “The USTP is committed to addressing fraudulent and abusive conduct that threatens the integrity of the bankruptcy system,” said U.S. Trustee Nancy J. Gargula for Region 10, which includes the Southern District of Indiana. “Our commitment to protecting consumers and those who fall victim to various schemes that come to light in bankruptcy is unwavering.”

    The USTP’s mission is to promote the integrity and efficiency of the bankruptcy system for the benefit of all stakeholders — debtors, creditors and the public. The USTP consists of 21 regions with 89 field offices nationwide and an Executive Office in Washington, D.C. Learn more about the USTP at www.justice.gov/ust. 

    MIL OSI USA News –

  • MIL-OSI Security: Pickleball Company Owner Waives Discharge of Over $47M in Unsecured Debt After USTP Investigation

    Source: United States Attorneys General

    A pickleball entrepreneur who was forced into bankruptcy by investors he lured with promises of generous returns recently agreed to waive his bankruptcy discharge after an investigation by the Justice Department’s U.S. Trustee Program (USTP), preventing the discharge of more than $47 million in unsecured debt.

    On May 14, the Bankruptcy Court for the Southern District of Indiana approved a voluntary waiver of discharge by debtor Rodney Grubbs, owner of All About Pickleball LLC, an apparel and equipment company that did business as Pickleball Rocks. As a result, Grubbs remains personally liable for his debts, and creditors are free to pursue payment from him after the case is closed.

    Grubbs solicited investments from pickleball players and fans from across the United States, usually in the form of promissory notes with purportedly guaranteed interest rates of 10 percent or higher. In December 2023, several unpaid investors filed an involuntary bankruptcy petition against Grubbs under chapter 7 of the Bankruptcy Code. Grubbs opposed the petition, but after a hearing in which he testified to using new investors’ funds to pay back previous investors, the bankruptcy court granted the involuntary petition and ordered the case to proceed. Grubbs eventually disclosed nearly $1.6 million in assets and more than $47 million in liabilities, the vast majority of them unsecured debts owed to hundreds of individuals.

    As part of its extensive investigation, the USTP’s Indianapolis office obtained Grubbs’ personal and business financial records and examined him under oath. Ultimately, Grubbs — who also faced allegations from multiple creditors consistent with a Ponzi scheme — elected to waive his bankruptcy discharge.

    “The USTP is committed to addressing fraudulent and abusive conduct that threatens the integrity of the bankruptcy system,” said U.S. Trustee Nancy J. Gargula for Region 10, which includes the Southern District of Indiana. “Our commitment to protecting consumers and those who fall victim to various schemes that come to light in bankruptcy is unwavering.”

    The USTP’s mission is to promote the integrity and efficiency of the bankruptcy system for the benefit of all stakeholders — debtors, creditors and the public. The USTP consists of 21 regions with 89 field offices nationwide and an Executive Office in Washington, D.C. Learn more about the USTP at www.justice.gov/ust. 

    MIL Security OSI –

  • MIL-OSI: XRP Investors Diversify to Profitable Cloud Mining Platform, VNBTC

    Source: GlobeNewswire (MIL-OSI)

    London, United Kingdom, June 11, 2025 (GLOBE NEWSWIRE) — As of June 10, cryptocurrencies are in the green with Bitcoin rising to over $109K, Ethereum hitting $2,687, and XRP trading above $2.29. XRP’s rise specifically was expected following an activity-packed week, with XRP making headlines every day.

    In the most recent news, Ripple announced the decision to provide $200,000 in funding to Japanese startups built on XRPL, the XRP ledger. Targeting Japan’s tech innovation and Web3 boom, Ripple could be setting XRP for a major price rally. XRP certainly makes one of the best cryptocurrencies to buy.

    But what if making money doesn’t end up at buying and holding XRP? A popular Dogecoin cloud mining platform, VNBTC, has seen a significant surge of XRP holders purchasing its top cloud mining contracts. 

    “After discovering that I could safely turn my XRP holdings into a passive income stream with VNBTC Dogecoin cloud mining, my assets are making significant profits as I wait for the best time to sell,” said a happy VNBTC user.

    XRP Holders Earning Over $10,000 Passive Income Using VNBTC Bitcoin and Dogecoin Cloud Mining

    First, cloud mining with VNBTC does not require expertise or the need to own mining hardware. Being 100% hands-off, it’s the perfect crypto investment option for XRP holders simply looking to earn profits without additional effort. The investors who come on board only need to purchase a mining contract, the system starts working instantly and automatically updates daily earnings on user dashboards. 

    According to the sentiments of XRP holders, the daily profits are consistent with earnings exceeding $42,000 a month. The earning potential varies depending on the mining contract an investor chooses, but a consistent 100% monthly ROI is easily achievable. 

    VNBTC was founded in the UK in 2019 and has operated legally since. Relying on AI optimisation, the company owns over 100 mining farms that are energy efficient and profitable. This is how VNBTC manages to offer the highest ROI in the market renting hashpower to users through mining contracts. For many investors, Bitcoin and Dogecoin cloud mining is a reasonable way to boost your crypto returns. 

    A table showing VNBTC mining contracts and Expected Profits:

    Why Choose VNBTC Bitcoin and Dogecoin Cloud Mining Over Others?

    Since getting registered legally in the UK, VNBTC has built a proven track record of profitability and security for investor funds. So far, it has attracted over 11 million users, building a reputation for investor trust.

    “Our platform is designed for transparency, with daily updates on earnings and automated settlement once a contract period expires. Investors’ principal is automatically returned alongside the profits,” commented a VNBTC spokesperson.

    Looking at the user interface, users access a simple but comprehensive platform. It’s simple enough for beginners to navigate, start mining, track earnings, and withdraw without the need for guidance. Amazingly, you can get your settlement in XRP, BTC, DOGE, LTC, ETH, USDT, and others.

    In Short

    VNBTC Bitcoin & Dogecoin Cloud mining platform could be your bridge to making millions with crypto investments. Instead of repeatedly exiting and entering trades, XRP holders are choosing to channel their assets into a consistent money-making opportunity. With crypto trading, ensuring profitability every day is almost impossible. But through cloud mining, every day could be a green day.

    Choose a sustainable way to make money with crypto investment, visit: https://vnbtc.com/mining-contracts

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

    The MIL Network –

  • MIL-OSI: Summary of Bigbank AS Webinar: Introduction to the Public Offering of Subordinated Bonds

    Source: GlobeNewswire (MIL-OSI)

    On 11 June 2025, Bigbank AS held a webinar introducing the public offering of its subordinated bonds in Estonia, Latvia and Lithuania.

    During the webinar, Bigbank AS Management Board members Martin Länts and Argo Kiltsmann presented an overview of the Bigbank Group, including the Group’s financial results and the terms and conditions of the subordinated bond offering.

    The webinar recording is available at: https://youtu.be/89x1Kgen_tk.

    Further information about the public offering of subordinated bonds is available at: https://investor.bigbank.eu.

    Bigbank AS would like to thank all participants for attending!

    Bigbank AS (www.bigbank.eu), with over 30 years of operating history, is a commercial bank owned by Estonian capital. As of 30 April 2025, the bank’s total assets amounted to 2.9 billion euros, with equity of 274 million euros. Operating in nine countries, the bank serves more than 170,000 active customers and employs over 550 people. The credit rating agency Moody’s has assigned Bigbank a long-term bank deposit rating of Ba1, along with a baseline credit assessment (BCA) and an adjusted BCA of Ba2.

    Argo Kiltsmann
    Member of the Management Board
    Telephone: +372 5393 0833
    Email: argo.kiltsmann@bigbank.ee
    www.bigbank.ee

    The MIL Network –

  • MIL-OSI United Kingdom: Steve Reed National Trust 130th Anniversary Dinner speech

    Source: United Kingdom – Executive Government & Departments

    Speech

    Steve Reed National Trust 130th Anniversary Dinner speech

    Defra Secretary of State Steve Reed addressed the National Trust’s 130th Anniversary Dinner on Tuesday 10 June

    Thank you for inviting me to your celebration today.

    I’d like to thank Hilary, Rene, National Trust staff and the thousands of volunteers around the country for the work you do. And wish the National Trust a happy 130th birthday.

    I’m one of the 5 million people who have a National Trust membership card like this one.  We all have a special place we love to visit. For me, it’s Sissinghurst Castle in Kent.

    I love the beautiful gardens designed by the writer and poet Vita Sackville-West and her husband Harold Nicolson.

    Vita opened her gardens for everyone to enjoy in the late 1930s, with visitors putting a shilling into an old tobacco tin under the entrance archway.

    This special place was donated to the National Trust in the 1960s, and it continues to welcome thousands of visitors every year. Admittedly seeing some inflation since Vita’s time!

    As we have heard from Hilary, the National Trust is not just about preserving the past. It is carrying out vital work to prepare for the future.

    The Frogmead Restoration project on the Sissinghurst Estate is restoring biodiversity – increasing flora and fauna, attracting wetland birds, bolstering the dragonfly population and allowing frogs to return to the area.

    It is also reducing flood risk in the Medway catchment, protecting homes and livelihoods.

    We need more projects like this so we can adapt to our changing world.

    We make many competing demands on the finite amount of land that’s available to us.

    Nature underpins everything. Our economy, our communities and our livelihoods. 

    But we have become one of the most nature-depleted countries in the world.

    Restoring nature is a key pillar of the Government’s Plan for Change.  That’s essential because we human beings are not merely observers of nature, we are an intrinsic part of it. When we destroy nature, we are ultimately destroying ourselves, and we can’t let that happen.  

    The National Trust’s new strategy to 2035 that will be pivotal in helping us restore nature. But the Government must play our part too. 

    I’ve just arrived back this afternoon from the UN Oceans Conference in Nice.  I was proud to announce a consultation on banning bottom-trawling in our Marine Protected Areas. We can’t go on wiping out precious marine habitats just because they’re out of sight beneath the sea. 

    The oceans cover two thirds of our planet. If we are serious about protecting nature, we must protect our seas and the life and ecosystems they sustain.  

    This afternoon, my colleague Emma Hardy has told the same conference that the UK will introduce legislation this year to ratify the Global Oceans Treaty so we are part of the first group of nations coming together to protect biodiversity in the seas beyond national jurisdictions. 

    And yesterday, my colleague Matthew Pennycook announced that the Government will update national planning policy to ensure swift bricks are incorporated into new buildings. They make a massive impact on expanding bird populations.  We will make sure that now happens in new developments right across the country. 

    Those three initiatives have been announced in the past 24 hours alone. But we know there’s much more to do.

    We are committed to increasing access to nature for everyone, whether that’s hiking in our beautiful countryside, swimming in clean rivers, lakes and seas, or taking a lunchtime stroll around the park.  

    We will create nine new National River Walks, plant three new National Forests and support communities to create new parks and green spaces in their neighbourhoods.

    We’ve already announced the first new national forest between the Cotswolds and the Mendips which will see 20 million trees planted in the coming years.

    It’s a national scandal that our rivers, lakes and seas are choked by record levels of pollution. We’re cleaning them up with new laws to ban bonuses for water bosses who oversee catastrophic pollution incidents, and bringing in over £100bn of private sector funding to upgrade the broken pipes that are the primary cause of sewage leaks.   

    We’ve saved more than 40 thousand miles of footpaths and historic rights of way so they can continue to be used by the public.

    And we are making protected landscapes, national trails, forests and countryside more accessible with our £33 million ‘Access for All’ programme.

    I look forward to working with the National Trust to develop this work and open up more of our beautiful countryside for everyone to enjoy.

    I know that we need to speed up nature’s recovery.

    I asked Dan Corry to lead a review into environmental regulation. He pointed out that a very large proportion of applications come from organisations like the National Trust, the RSPB and others who have to wait months despite having a proven track record in protecting nature. 

    So we are going to speed things up by giving them the power to approve their own applications.

    I’m delighted that the National Trust is a frontrunner for this.

    The National Trust and Natural England, along with the Forestry Commission, are working together in the Peak District to pilot one of two ‘Nature Enterprise Zones’ – the other is in North Devon.

    These zones will pilot this new approach, reviewing and testing how we can streamline and simplify the system so the National Trust can do more on protected sites, restoring species, and improving land management. 

    The Peak District Nature Enterprise Zone will span over ten thousand hectares of National Trust land. It will include trees, peat, grassland, farming, and it will open up nature to more people.   

    I’m excited about this pilot, and we’ll learn from it how we can expand the approach more widely.   

    Collaboration like this is vital to protecting nature.  We are all links in a chain, and we have to pull together to get the outcomes we want to see. 

    I want to thank the National Trust for your continued engagement with Defra.

    I know the Minister for Nature, Mary Creagh, was thrilled to be part of the historic moment at Purbeck when beavers were reintroduced into the wild in England.

    We’ve fully banned bee-killing pesticides as a step towards helping pollinators recover, which will also support the bird populations that depend on them as a food source.

    We are working with farmers to move towards regenerative farming that focuses on improving the soil so it needs less artificial fertiliser, fewer pesticides, and has more organic matter that helps retain water.  

    Approaches like this aren’t just good for nature and good for water quality, they’re good for farm businesses because they reduce input costs but increase food production and food quality sustainably. 

    Many people at this gathering are helping shape the first-ever Land Use Framework for England. A rather boring title for an incredibly exciting initiative that will provide the most sophisticated land-use data and toolkit ever published in our country’s history. 

    It will allow us to expand nature across whole landscapes while ensuring land is used more rationally for the many other demands we make of it for food, energy and housing. 

    The partnership between us is critical as we work together to restore nature for future generations.  We’ll have to overcome tensions and disagreements from time to time. But this is a government that aspires to be the best government for nature this country’s ever had. And you are our partners in getting there.   

    The prize before us is huge.

    Our rivers, lakes and seas cleaned up of pollution.

    Birds, pollinators and wildlife back in our gardens.

    Nature in full recovery and open to everyone to enjoy.

    Nature underpins everything that we are as a society.  It is our duty to protect it, cherish it, and restore it. 

    That’s the best 130th anniversary present we could wish for!

    Updates to this page

    Published 11 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Spending Review: Billions to back Scottish jobs

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    Spending Review: Billions to back Scottish jobs

    UK Government’s Plan for Change delivers record settlement for Scottish Government with an extra £9.1 billion over the SR period to deliver public services

    Working people across Scotland will benefit from significant investment in clean energy and innovation, creating thousands of high-skilled jobs and strengthening Scotland’s position as the home of the United Kingdom’s clean energy revolution.  

    The UK Government has confirmed £8.3 billion in funding for GB Energy-Nuclear and GB Energy in Aberdeen. This is alongside an increased commitment to the Acorn Carbon Capture, Usage and Storage project, which will receive development funding.   

    The Spending Review, outlined today, Wednesday 11 June, announces targeted investment in Scotland’s most promising sectors to grow the economy and put more money in working people’s pockets.  It delivers an extra £9.1 billion over Phase 2 of the Spending Review, through the Barnett formula.

    The government also confirmed £25 million for the Inverness and Cromarty Firth Freeport.   

    These investments are part of a wider package, with funding for hydrogen production projects at Cromarty and Whitelee.

    Secretary of State for Scotland, Ian Murray, said:  

    Putting more money in the pockets of working Scots by investing in the country’s renewal is at the heart of this Spending Review and our Plan for Change.

    The Chancellor has unleashed a new era of growth for Scotland, confirming billions of pounds of investment in clean energy – including new development funding for Acorn – creating thousands of high-skilled jobs.

    Scotland’s leading role at the heart of UK defence policy has been strengthened and there is also significant investment in our trailblazing innovation, research and development sectors.

    And the Scotland Office will work with local partners to ensure hundreds of millions of pounds of new targeted support for Scottish communities and businesses goes to projects that matter to local people. This means that the UK Government is now investing almost £1.7 billion in dozens of important growth schemes across Scotland over 10 years.

    To maximise the benefit of recent trade deals with India, US and the EU we are continuing the Brand Scotland programme to promote inward investment opportunities boosting Scottish exports of our globally celebrated products.

    And we are delivering a record real-terms funding settlement for the Scottish Government with an extra £9.1 billion over the Spending Review period through the Barnett formula. That’s more money than ever before for them to invest in Scottish public services like our NHS, police, housing and schools.

    This is a historic Spending Review for Scotland that chooses investment over decline and delivers on the promise that there would be no return to austerity.

    Investment in Scotland to strengthen UK defence  

    Speaking in the House of Commons today, the Chancellor reaffirmed the government’s commitment to increase defence spending to 2.6% of GDP by April 2027, backing our Armed Forces, creating British jobs in British industries, and prioritising the security of Britain when it is most needed.  

    The long-term future of the Clyde is secured through an initial £250 million investment over three years which will begin a multi-decade, multi-billion pound redevelopment of HM Naval Base Clyde through the ‘Clyde 2070’ programme.   

    Investing in innovation and R&D  

    Scotland will also become home to the UK’s largest and most powerful supercomputer, with up to £750 million committed to its development at Edinburgh University. This world-class facility will give scientists across all UK universities access to extraordinary computer power, further strengthening Scotland’s research and innovation capability.   

    The UK Government is backing Scottish industry with a share of increased UK-wide R&D spending set to grow from £20.4 billion in 2025-26 to over £22.6 billion per year by 2029-30. Scotland will also benefit from a £410 million UK-wide Local Innovation Partnerships Fund.  

    Targeted support for Scottish communities   

    The government is also investing £160 million over 10 years for Investment Zones in the North East of Scotland and in Glasgow City Region, and confirming £452 million over four years for City and Growth Deals across Scotland.  

    A £100 million joint investment for the Falkirk and Grangemouth Growth deal with the Scottish Government (£50 million from UK Government and £50 million from Scottish Government), demonstrating the UK Government’s continued commitment to the Grangemouth industrial area.  

    A new local growth fund, and investments in up to 350 deprived communities across the UK, will maintain the same cash level as in 2025-26 under the Shared Prosperity Fund. The Ministry of Housing, Communities and Local Government and the Scotland Office, will work with local partners and the Scottish Government, to ensure money goes to projects that matter to local people. This investment will help drive growth and improve communities across Scotland.  

    Supporting Scottish businesses  

    The National Wealth Fund (NWF) is trialling a Strategic Partnership with Glasgow City Region to provide enhanced, hands-on support to help it develop and finance long term investment opportunities. The NWF has already made its first investment in Scotland with £43.5 million in direct equity for a sustainable packaging company, which is to build its first commercial-scale manufacturing facility near Glasgow.  

    Through its Nations and Regions Investment programme the British Business Bank is delivering £150 million across Scotland to break down access to finance barriers and drive economic growth.  

    The settlement also allocates £0.75 million each year to champion our ‘Brand Scotland’ trade missions to promote Scotland’s goods and services on the world stage and to encourage further growth and investment.

    A record settlement for Scottish public services   

    The Government has been clear that local decision-making against local priorities is central to delivering growth.   

    The Scottish Government will receive the largest real terms settlement since devolution began in 1998, with an average £50.9 billion per year between 2026-27 and 2028-29, enabling the Scottish Government to deliver for working people in Scotland.  This includes £2.9 billion per year on average through the operation of the Barnett formula, with £2.4 billion resource between 2026-27 and 2028-29 and £510 million capital between 2026-27 and 2029-30. 

    This investment and record settlement is made possible by the tough but necessary decisions taken in the October Budget.

    Updates to this page

    Published 11 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: Rep. Adams Introduces Bill to Lower Cost of Housing, Reduce Corporate Housing Ownership Rates

    Source: United States House of Representatives – Congresswoman Alma Adams (12th District of North Carolina)

    WASHINGTON, DC—Today, Congresswoman Alma S. Adams, Ph.D. (NC-12) introduced the American Neighborhoods Protection Act to protect and improve family home ownership opportunities.

    The American Neighborhoods Protection Act would require corporations that own more than 75 single-family residences to pay $10,000 per home annually into a Housing Trust Fund for down payment assistance grants to families purchasing homes. This would lower housing costs, increase housing supply, and provide financial assistance to families looking to buy a home.

    Corporate housing ownership is agrowing problem nationwide. In 2021, corporations bought 33% of single-family homes in Georgia, 31% in Arizona, 30% in Nevada, and 29% in both California and Texas.

    “A home should be a place for you to start a family and build your life, but unchecked corporate housing ownership is making that more and more unattainable for the average American,” said Congresswoman Adams. “Like so many communities across the country, Charlotte and Mecklenburg County face an affordable housing crisis, primarily driven by a small number of large corporations buying up housing, raising the costs and lowering supply. My bill would restore the opportunity of home ownership, an essential part of the American Dream, to all families, and especially our most economically vulnerable.”

    The issue of corporate-owned housing in Charlotte has received local and national attention. In 2023, 26% of single-family homes were owned by corporations, a 53% increase since 2010. Meanwhile,a report by the NC Chamber Foundation found that North Carolina’s affordable housing crisis is expected to grow over the next five years, if left unchecked.

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: MOFA congratulates ROK on successful completion of 21st-term presidential elections

    Source: Republic of China Taiwan

    MOFA congratulates ROK on successful completion of 21st-term presidential elections

    Date：2025-06-04
    Data Source：Department of East Asian and Pacific Affairs

    No. 192June 4, 2025Following the completion of the presidential elections on June 4, Lee Jae-myung of the Democratic Party was elected the 21st-term president of the Republic of Korea. On behalf of the government of Taiwan, the Ministry of Foreign Affairs sincerely congratulates the government and people of the ROK on once again conducting a successful round of democratic elections. Furthermore, following the public announcement of the election results, the Taipei Mission in Korea immediately transmitted a congratulatory telegram on behalf of the government of Taiwan.Taiwan and the ROK are both important countries in the Indo-Pacific. They share such universal values as democracy, freedom, human rights, and the rule of law, while exchanges and cooperation on economics and trade, culture, tourism, and other domains have yielded fruitful results. The ROK government has reiterated the importance of peace and stability across the Taiwan Strait at numerous international events in recent years, highlighting the determination of Taiwan, the ROK, and like-minded nations to work together to maintain regional peace, stability, and prosperity and curtail the expansion of authoritarianism.Based on existing close and stable interactions, Taiwan looks forward to continuing to engage with the ROK through its new government so as to deepen collaboration in all areas and jointly advance peace, stability, and prosperity throughout the Indo-Pacific region. (E)

    MIL OSI Asia Pacific News –

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

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding eligible small businesses, nonprofits, and residents in Oklahoma of the July 11 deadline to apply for low interest federal disaster loans to offset physical damage caused by severe storms and flooding beginning April 19.

    The disaster declaration covers the Oklahoma counties of Caddo, Comanche, Cotton, Grady, Kiowa, Stephens and Tillman.

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

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

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

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

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

    Interest rates can be as low as 4% for small businesses, 3.62% for nonprofits, and 2.75% for homeowners and renters with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms, based on each applicant’s financial condition.

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

    The deadline to return physical damage applications is July 11.

    ###

    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 United Kingdom: Agreement protects sovereignty and economic security of Gibraltar

    Source: United Kingdom – Executive Government & Departments

    Press release

    Agreement protects sovereignty and economic security of Gibraltar

    Political agreement reached that will protect British sovereignty, UK military autonomy and secure Gibraltar’s economic future.

    • UK, alongside the Government of Gibraltar, reaches a political agreement with the EU which will protect British sovereignty, UK military autonomy and secure Gibraltar’s economic future. 

    • Agreement resolves the last major unresolved issue from Brexit, avoiding the need for checks on people and goods crossing the Gibraltar-Spain border to support prosperity in the region. 

    • Chief Minister of Gibraltar, Fabian Picardo, central to the agreement as Foreign Secretary visits Gibraltar this morning. 

    The UK Government has today [11 June] reached a political agreement with the EU which will secure Gibraltar’s economy, provide certainty for people and businesses in Gibraltar and protect British sovereignty. 

    This government inherited a situation which left Gibraltar’s economy and way of life under threat. Gibraltar was not included in the UK-EU Trade and Cooperation Agreement negotiated by the previous UK government following Brexit. Instead, the previous government began negotiations in 2021 to reach a deal which has remained unresolved until today. 

    Approximately 15,000 people – over half of Gibraltar’s workforce – cross the land border between Spain and Gibraltar every day. Without a new agreement, the EU’s incoming system of entry and exit controls would have introduced a ‘hard border’ under which every individual passport was checked.    

    Today’s agreement provides a practical solution to avoid the need for onerous checks and long delays at the border which would have proved ruinous for Gibraltar’s economy – costing hundreds of millions a year and placing pressure on the UK taxpayer for fiscal support, underlining the government’s commitment to economic stability under the Plan for Change.  

    The Chief Minister of Gibraltar, Fabian Picardo, has been central to the negotiations from the start and today’s agreement has his full backing.  

    Foreign Secretary David Lammy said: 

    This government inherited a situation from the last government which put Gibraltar’s economy and way of life under threat. Today’s breakthrough delivers a practical solution after years of uncertainty.  

    Alongside the Government of Gibraltar, we have a reached an agreement which protects British sovereignty, supports Gibraltar’s economy and allows businesses to plan for the long-term once again. 

    I thank the Chief Minister and his Government for their tireless dedication throughout the negotiations. The UK’s commitment to Gibraltar remains as solid as the Rock itself.” 

    Chief Minister of Gibraltar Fabian Picardo said: 

    I’m delighted we have finalised a conclusive political agreement which will bring legal certainty to the people of Gibraltar, its businesses and to those across the region who rely on stability at the frontier. 

    I have worked hand in glove with the UK government throughout this negotiation to deliver the deal Gibraltar wants and needs – one that will protect future generations of British Gibraltarians and does not in any way affect our British sovereignty. 

    Now is the time to look beyond the arguments of the past and towards a time of renewed cooperation and understanding. Now the deal is done, it’s time to finalise the Treaty.

    As the only UK overseas territory which shares a border with the EU, today’s political agreement provides a practical solution for the unique situation faced by the people of Gibraltar whose livelihoods depend on a fluid border.  

    Under the agreement, there will be:  

    • A clause agreed by all sides which makes explicitly clear that the final Treaty does not impact sovereignty.    

    • A fluid border between Gibraltar and Spain, without checks on people crossing.  

    • Dual border control checks for arrivals by air at Gibraltar airport, carried out by Gibraltar and Spanish officials. Immigration and law and order in Gibraltar will remain the exclusive responsibility of Gibraltar’s authorities. Spanish officials will be responsible for ensuring the integrity of the Schengen Area, in a model similar to French police operating in London’s St Pancras station.   

    • A bespoke goods and customs model for products entering Gibraltar across its land border, avoiding the need for onerous checks.  

    • Full operational autonomy of the UK’s military facilities in Gibraltar, which play a vital role in protecting regional security and important trade routes.  

    • The opportunity for flights to operate from Gibraltar airport to EU destinations, increasing Gibraltar’s connectivity to the continent and improving its prosperity.  

    The agreement clears the way for finalisation of a UK-EU Treaty Text on Gibraltar, which all parties have committed to complete as quickly as possible.   

    Background

    • Gibraltar is a UK overseas territory located on the southern tip of the Iberian Peninsula that was formally ceded to the United Kingdom from Spain in 1713 under the Treaty of Utrecht.   

    • The people of Gibraltar expressed their overwhelming desire to remain British in referenda in 1967 (99%) and 2002 (98%).  

    • Negotiations for a UK-EU Treaty on Gibraltar began in October 2021 under the previous UK government.  

    • The final Treaty will be subject to ratification by the UK and Gibraltar parliaments.  

    • The UK Strategic Defence Review set out the importance of maintaining the UK military presence in Gibraltar, including for maritime force protection operations, upholding the sovereignty of British Gibraltar Territorial Waters, as well as providing a base at a strategic location at the western entrance to the Mediterranean to provide critical support to UK—and allied— military objectives.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Email the FCDO Newsdesk (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 11 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: UK-EU Agreement in Respect of Gibraltar: Joint statement

    Source: United Kingdom – Executive Government & Departments

    News story

    UK-EU Agreement in Respect of Gibraltar: Joint statement

    A joint statement from the UK, European Commission, Spain and Gibraltar following talks today (11 June) in Brussels.

    European Commissioner Maroš Šefčovič, Spanish Minister for Foreign Affairs José Manuel Albares and UK Foreign Secretary David Lammy, together with the Chief Minister of Gibraltar Fabian Picardo, met in Brussels on Wednesday 11 June.

    Building on significant progress achieved in the previous political meetings in 2024 and on intensive work of the negotiating teams since then to solve outstanding issues, today’s discussions resulted in a conclusive political agreement on the core aspects of the future Agreement between the EU and the UK in respect of Gibraltar. The future Agreement is without prejudice to the respective legal positions of Spain and the United Kingdom with regard to sovereignty and jurisdiction.

    The main objective of the future Agreement is to secure the future prosperity of the whole region. This will be done by removing all physical barriers, checks and controls on persons and goods circulating between Spain and Gibraltar, while preserving the Schengen area, the EU Single Market and Customs Union. This will bring confidence and legal certainty to the lives and well-being of the people of the whole region by promoting shared prosperity and close and constructive relations between the Gibraltar and Spanish authorities.

    In the area of persons, the Parties agreed to establish dual Gibraltar and Schengen border checks at Gibraltar port and airport – to be carried out in full cooperation between the EU and UK/Gibraltar authorities, removing all checks at the crossing point between Gibraltar and La Linea for the many thousands of people who travel across daily in both directions. For the EU, full Schengen checks will be carried out by Spain. For the UK, full Gibraltar checks will continue to be carried out as they are today.  They also agreed arrangements for visas and permits and close cooperation between the police and law enforcement authorities.

    In the area of goods, the Parties agreed on the principles underpinning the future customs union between the EU and Gibraltar, providing for strong cooperation between the respective customs authorities and removing checks on goods. There is also agreement on the principles of indirect taxation to be applied in Gibraltar, including on tobacco – that will avoid distortions and contribute to the prosperity of the whole region.

    Other important areas of the future EU-UK Agreement include level playing field commitments on State aid, taxation, labour, environment, trade and sustainable development, anti-money laundering, and transport – including the airport; the rights of frontier workers and social security coordination. Specific cooperation will also be included in environmental matters. The creation of an appropriate financial mechanism to promote cohesion and support training and employment in the region has also been agreed.

    Today’s agreement has been reached in a shared commitment to European security.

    The way is now clear for negotiating teams swiftly to finalise the full legal text and proceed with the respective internal procedures leading to the signature and ratification of the future Agreement.

    The Parties are confident that this Agreement will support prosperity and bring confidence, legal certainty, and stability to the lives and well-being of the people of the whole region.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Email the FCDO Newsdesk (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 11 June 2025

    MIL OSI United Kingdom –