Category: Economy

  • MIL-OSI: Micropolis Holding Company Filed Annual Report on Form 20-F for the Year Ended December 31, 2024

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 10, 2025 (GLOBE NEWSWIRE) — Micropolis Holding Company (“Micropolis” or the “Company”) (NYSE American: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (the “SEC”) on May 8, 2025. The annual report on Form 20-F, which contains Micropolis’ audited annual financial statements for the fiscal year ended December 31, 2024, can be accessed on the SEC’s website at http://www.sec.gov, as well as via the Company’s investor relations website at https://investors.micropolis.ai/filings.

    The Company will deliver a hard copy of its 2024 annual report on Form 20-F, including its complete audited financial statements, free of charge, to its shareholders upon written request to Fareed Aljawhari, Chief Executive Officer, at fareed@micropolis.ae.

    About Micropolis Holding Company
    Micropolis is a UAE-based company specializing in the design, development, and manufacturing of unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for urban, security, and industrial applications. The Company’s vertically integrated capabilities cover everything from mechatronics and embedded systems to AI software and high-level autonomy.

    For more information please visit www.micropolis.ai.

    Forward-Looking Statements
    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent Micropolis’ current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

    Investor Contact:
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    PH: (212) 896-1254
    Valter@KCSA.com

    Media Contact:
    Jessica Starman
    media@elev8newmedia.com

    The MIL Network

  • MIL-OSI: Canoe Financial announces changes to its mutual fund lineup

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 10, 2025 (GLOBE NEWSWIRE) — Canoe Financial LP (“Canoe Financial”) today announced changes to two of its investment funds.

    Fund name changes

    Effective June 20 2025, the following name changes will take effect:

    • Canoe Defensive Global Balanced Fund will be renamed Canoe Fundamental Global Balanced Fund
    • Canoe Canadian Small Mid Cap Portfolio Class will be renamed Canoe Fundamental Small Mid Cap Portfolio Class

    These changes reflect Canoe Financial’s continued focus on clarity, precision and alignment between fund names and investment strategies.

    Canoe Fundamental Global Balanced Fund
    The new name reflects the fund’s change in investment strategy to focus on fundamental, bottom-up security selection, in alignment with Canoe Financial’s investment process.

    This change also removes the risk management overlay previously managed by Nalmont Capital Inc. (“Nalmont”). With the termination of the sub-advisory agreement with Nalmont, as it relates to Canoe Defensive Global Balanced Fund, Canoe Financial and Robert Taylor as its Chief Investment Officer, will be solely responsible for managing the fund’s portfolio. Nalmont will continue to act as sub-advisor to Canoe Defensive Global Equity Fund, Canoe Defensive International Equity Fund and Canoe Defensive U.S. Equity Portfolio Class.

    Canoe Fundamental Small Mid Cap Portfolio Class
    To broaden the fund’s opportunity set, the fund’s investment strategy has been changed to increase the foreign equity exposure limit to 49%, up from its previous constraint of 30%. This change enhances the fund’s ability to capitalize on attractive small- and mid-cap opportunities outside of Canada.

    The fund’s new name reflects this added flexibility while maintaining its focus on high-conviction, actively managed small- and mid-cap equities.

    No changes have been made to the investment objectives of either Canoe Fundamental Global Balanced Fund or Canoe Fundamental Small Mid Cap Portfolio Class.

    About Canoe Financial
    Canoe Financial is one of Canada’s fastest growing independent mutual fund companies managing approximately $20.0 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.

    Contact
    Canoe Financial LP
    1-877-434-2796
    info@canoefinancial.com

    Disclaimer

    Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

    The MIL Network

  • MIL-OSI: Grupo Financiero Galicia S.A. Announces Commencement of Secondary Offering of American Depositary Shares by HSBC Bank plc

    Source: GlobeNewswire (MIL-OSI)

    BUENOS AIRES, June 10, 2025 (GLOBE NEWSWIRE) —  Grupo Financiero Galicia S.A. (Nasdaq: GGAL; Bolsas y Mercados Argentinos S.A./A3 Mercados S.A.: GGAL, the “Company”), one of Argentina’s largest financial services groups, announced today the launch of an underwritten secondary offering (the “Offering”) by HSBC Bank plc (the “Selling Shareholder”) of 11,721,449 American Depositary Shares (“ADSs”) representing 117,214,490 Class B ordinary shares of the Company, par value Ps.1.00 per share (“Class B ordinary shares”). The ADSs are not authorized for public offering in Argentina by the Argentine National Securities Exchange Commision (Comisión Nacional de Valores – “CNV) and they may not be offered or sold publicly under the Argentine Capital Markets Law No. 26,831, as amended and complemented.  The documents related to the Offering have not been filed with, reviewed or authorized by the CNV, and therefore the CNV has not made any determination as to the truthfulness or completeness of those documents.

    All of the ADSs are being offered by the Selling Shareholder. The Selling Shareholder will receive all of the proceeds from the Offering. The Company is not selling any ADSs in the Offering and will not receive any proceeds from the Offering.

    Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC are acting as the representatives of the underwriters of the Offering.

    The Offering is being made pursuant to an effective shelf registration statement on Form F-3 (including a prospectus) filed by the Company with the U.S. Securities and Exchange Commission (“SEC”). Before you invest, you should read the prospectus in the shelf registration statement and the related prospectus supplement and other documents the Company has filed with the SEC for more complete information about the Company and the Offering. The Offering will be made only by means of a prospectus and a related prospectus supplement relating to the Offering, copies of which may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, and from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, by telephone at (866) 471-2526, or by email at prospectus-ny@ny.email.gs.com. A copy of the prospectus and the related prospectus supplement relating to the Offering may also be obtained free of charge by visiting EDGAR on the SEC’s website at www.sec.gov.

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

    Cautionary Note Concerning Forward Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act. Such forward-looking statements include, but are not limited to, those regarding the expected number of ADSs to be sold in the Offering . Forward-looking statements generally can be identified by the use of such words as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue” or other similar terminology, although not all forward-looking statements contain these identifying words. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from current expectations and beliefs, including, but not limited to, risks and uncertainties related to: the occurrence of any event, change or other circumstance that could impact the expected timing, completion or other terms of the Offering; the impact of general economic, industry or political conditions in the United States or internationally, as well as the other risk factors set forth under the caption  Item 3.D. “Risk Factors” in our most recent annual report on Form 20-F, and from time to time in the Company’s other filings with the SEC. The information contained in this press release is as of the date indicated above.  The Company does not undertake any obligation to release publicly any revisions to forward-looking statements to reflect later events or circumstances or to reflect the occurrence of unanticipated events.

    About Grupo Financiero Galicia S.A.:

    Grupo Financiero Galicia S.A. (Nasdaq: GGAL; Bolsas y Mercados Argentinos S.A./A3 Mercados S.A.: GGAL) is the main financial services holding company in Argentina, which seeks to create long-term value through its companies, providing savings, credit, investment, insurance, advice and digital solutions opportunities to people, companies and organizations, prioritizing customer experience and sustainable development.

    With more than 110 years of experience, Grupo Financiero Galicia S.A. is a group of financial services companies in Argentina, integrated by Banco de Galicia y Buenos Aires S.A.U. (Banco Galicia), GGAL Holdings S.A. (Galicia Más Holdings), Tarjetas Regionales S.A. (Naranja X), Sudamericana Holdings S.A. (Galicia Seguros), Galicia Asset Management S.A.U. (Fondos Fima), IGAM LLC (Inviu), Galicia Securities S.A.U. (Galicia Securities), Agri Tech Investment LLC (Nera), Galicia Ventures LP and Galicia Investments LLC (collectively referred to as Galicia Ventures), and Galicia Warrants S.A. (Warrants).

    Investor Contact:

    Mr. Pablo Firvida
    Investor Relations Officer
    www.gfgsa.com 
    +5411 6329 4881
    inversores@gfgsa.com 

    THE TERMS AND CONDITIONS OF THE OFFERING WILL BE NOTIFIED IN ARGENTINA PURSUANT TO AN HECHO RELEVANTE, SOLELY FOR INFORMATIONAL PURPOSES, BUT SUCH NOTICE WILL NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ARGENTINA.

    The MIL Network

  • MIL-OSI: cBrain appoints new CFO

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement no. 07/2025

    cBrain appoints new CFO

    Copenhagen, June 11, 2025

    cBrain (NASDAQ: CBRAIN) is happy to announce that Lars Møller Christiansen has accepted the role as new CFO starting August 1st, 2025.

    Lars Møller Christiansen comes from a position as Deputy Director at the Environmental Protection Agency (EPA), now known as the Agency for Green Land Use Planning and Aquatic Environment. Lars was responsible for financial management and digitization at the Danish EPA.

    cBrain’s current CFO, Ejvind Jørgensen, wishes to step down after nine years in the role. Following a transition period, Ejvind will take up other responsibilities, still being part of the cBrain journey.

    Lars is known as a digital front runner, and he brings in-depth knowledge of eGovernment. During his career in Danish government for more than 24 years, Lars has engaged in positions within financial management as well as led projects from ministerial digitization to digitizing environment and climate processes. In parallel with his role as the new CFO, Lars thereby brings solid experience, supporting cBrain’s international growth plan and leveraging Danish government expertise globally.

    “Digital decision-making processes are crucial for the speed of the green transition. I am very much looking forward to applying my experience in an innovative tech company like cBrain, which has clear ambitions to make a difference for the climate and environment, both in Denmark and globally,” says Lars.

    Best regards

    Per Tejs Knudsen, CEO

    Inquiries regarding this Company Announcement may be directed to 

    Ejvind Jørgensen, CFO & Head of Investor Relations, cBrain A/S, ir@cbrain.com, +45 2594 4973

    Attachment

    The MIL Network

  • MIL-OSI Canada: Minister Joly to address the Chamber of Commerce of Metropolitan Montréal regarding Canada’s economy and industrial priorities

    Source: Government of Canada News

    June 10, 2025 – Montréal, Quebec 

    The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Economic Development Canada for Quebec Regions will participate in a discussion regarding Canada’s economy and industrial priorities, organized by the Chamber of Commerce of Metropolitan Montréal.

    Date: Wednesday, June 11, 2025

    Time: 8:30 am (ET)

    Location: Montréal, Quebec

    Members of the media are asked to contact ISED Media Relations at media@ised-isde.gc.ca to receive event location details and confirm their attendance.

    Note: The activity will be held in French.

    MIL OSI Canada News

  • MIL-OSI USA: Alabama Chiropractor Pleads Guilty to Tax Evasion and Obstruction

    Source: US State of California

    Shortly after trial began, an Alabama chiropractor pleaded guilty yesterday to tax evasion and obstructing the IRS.

    The following is according to court documents and evidence admitted at trial: Gary Forrest Edwards, of Shelby County, Alabama, owned and operated the chiropractic practice Hoover Health & Wellness Center. After not filing income tax returns for many years, in 2015, Edwards filed tax returns for 2009 through 2013. He later filed a tax return for 2017. On these returns, Edwards admitted that he owed more than $2.5 million in taxes. Nevertheless, he did not pay the taxes he reported due and did not pay the interest and penalties assessed against him.

    Edwards took steps to thwart the IRS’s efforts to assess and collect taxes against him, including concealing financial accounts he owned from the IRS, transferring funds from accounts he owned to accounts in only his spouse’s name, filing false court documents to terminate federal tax liens against his property, and lying to IRS criminal investigators.

    Edwards will be sentenced later this year. He faces a maximum sentence of five years in prison for the evasion charge and a maximum sentence of three years in prison on the obstruction charge. He also faces a period of supervised release, restitution, and monetary penalties. U.S. District Court Judge Anna Manasco for the Northern District of Alabama will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division and U.S. Attorney Prim F. Escalona for the Northern District of Alabama made the announcement.

    IRS Criminal Investigation is investigating the case.

    Trial Attorney Isaiah Boyd of the Tax Division and Assistant U.S. Attorney Allison Garnett for the Northern District of Alabama are prosecuting the case.

    MIL OSI USA News

  • MIL-OSI USA: Congressman Fry (SC-07) Urges Administration to Uphold Offshore Drilling Ban off South Carolina’s Coast

    Source:

    Congressman Fry (SC-07) Urges Administration to Uphold Offshore Drilling Ban off South Carolina’s Coast

    Washington, D.C. – Congressman Russell Fry (SC-07) sent a letter to the U.S. Secretary of the Interior Doug Burgum urging the Department of the Interior to maintain the moratorium on offshore oil and gas leasing off the South Carolina coast.

    During President Trump’s first term, he issued a memorandum on offshore drilling off the coast of South Carolina exempting it from offshore oil and gas projects, a move that protected the state’s coastline and the industries that depend on it.

    In his letter, Congressman Fry expressed his support for American energy dominance and President Trump’s energy agenda while also emphasizing the need for energy policies that reflect the unique economic and environmental character of individual regions. South Carolina’s coastline is a vital part of the state’s economy, and tourism and maritime industries serve as major economic drivers—especially in Horry and Georgetown Counties.

    “There is no question that America must unleash its domestic energy potential and cut red tape, and President Trump has my full support for his energy dominance agenda,” said Congressman Fry. “At the same time, energy development must also be smart, balanced, and regionally appropriate. In many of our coastal communities in South Carolina, there is broad bipartisan opposition to offshore drilling. I urge Secretary Burgum to maintain the current exemption on offshore leasing off of South Carolina’s coast and ensure that our coastline continues to thrive for generations to come.”

    Read the full letter here. 

    Congressman Fry serves on both the House Energy and Commerce Committee and the House Judiciary Committee. To stay up to date with Congressman Fry and his work for the Seventh District, follow his official Facebook, Instagram, and X pages and visit his website at fry.house.gov.

    MIL OSI USA News

  • MIL-OSI Europe: At a Glance – Timeline for the three key EU budgetary procedures in 2025 – 10-06-2025

    Source: European Parliament

    As every year, two annual procedures are central to the budgetary work of the European Parliament and the other institutions – agreeing on the 2026 budget, and granting discharge for the implementation of the 2024 budget. In addition, in 2025, the process of agreeing the next multiannual financial framework (MFF) for the years from 2028 will also get under way. This timeline sets out the main steps in the three procedures up to end 2025.

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Protection of the Holy Monastery of Sinai – E-002184/2025

    Source: European Parliament

    Question for written answer  E-002184/2025
    to the Commission
    Rule 144
    Yannis Maniatis (S&D)

    The Holy Monastery of Saint Catherine of the God-Trodden Mount Sinai, located in the foothills of Mount Horeb, is an immortal symbol of the coexistence of the three Abrahamic religions. Founded in 548 AD, it is the world’s oldest continuously inhabited Christian monastery and listed as a World Heritage Site. Last week, an Egyptian court handed down a ruling reportedly stripping the monks of their ownership rights over the monastery and its surrounding lands. According to reports, the operative part of the ruling granted the monks the right to practise their religious duties on the monastery’s land – which will be owned, however, by the Egyptian state and managed by the Office for the Protection of Antiquities. As a result, the monks – the vast majority of whom do not have Egyptian citizenship and whose residence there depends on residence permits (visas) renewed annually – are essentially ‘guests’, which endangers the functioning of the monastery after 15 centuries of continuous operation.

    In view of the fact that the EU and Egypt have signed an agreement on macro-financial assistance under specific conditions, including respect for human rights, which includes the protection of freedom of religion and religious minorities, can the Commission say:

    Is it aware of this ruling by the Egyptian court, and what will it do to ensure the unhindered operation and the survival of the Holy Monastery of Sinai?

    Submitted: 1.6.2025

    Last updated: 10 June 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – The effect of the sanctions imposed by the United States on the functioning of the ICC – P-002270/2025

    Source: European Parliament

    Priority question for written answer  P-002270/2025
    to the Commission
    Rule 144
    Alex Agius Saliba (S&D)

    On 15 May 2025, we read[1] that staffers of the International Criminal Court (ICC) were no longer able to perform their duties due to the sanctions imposed by the Trump administration. According to this report, one effect of the sanctions imposed on the chief prosecutor, Karim Khan, is that he has lost access to his Microsoft email address.

    Trump’s executive order threatens any person, institution or company with fines and prison time if they provide Khan with ‘financial, material, or technological support’. That is why we want to raise several questions in relation to the digital sabotage targeted at an international organisation based in the EU.

    • 1.Has the Commission undertaken action concerning these sanctions against a representative acting in their official capacity, to protect the functioning of the international rule of law, at diplomatic level as well as with representatives of Microsoft?
    • 2.What is the legal assessment of the actions undertaken by Microsoft to digitally undermine the ICC and its chief prosecutor and are there measures possible under the EU acquis to force Microsoft to resume their services?
    • 3.How does the Commission assess the risks to other European and international entities, public and private, of falling victim to this example where a US company withdraws essential digital services if they go against the Trump administration?

    Submitted: 5.6.2025

    • [1] https://www.euronews.com/2025/05/15/trumps-sanctions-on-icc-halt-tribunals-work-staffers-claim.
    Last updated: 10 June 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Support for farmers affected by low temperatures in March 2025 – E-001579/2025(ASW)

    Source: European Parliament

    Under the common market Organisation Regulation[1] the Commission may adopt exceptional measures financed by the agricultural reserve and may provide emergency support to farmers negatively affected by extreme adverse weather events and natural disasters as it recently did for producers in Spain, Croatia, Cyprus, Latvia and Hungary[2].

    This exceptional measure followed a request for support from the five Member States and was designed following an assessment of the situation and of its exceptional nature by the Commission services, based inter alia on the available information and data on actual damages and losses per sector provided by the relevant Member States.

    The Commission has not received information from Romania on damages due to frost events that occurred in March 2025.

    • [1] http://data.europa.eu/eli/reg/2013/1308/oj.
    • [2] http://data.europa.eu/eli/reg_impl/2025/441/oj.
    Last updated: 10 June 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – The need to strengthen the role of the new cohesion policy in deep renovations, energy upgrading of housing and affordable housing – E-002173/2025

    Source: European Parliament

    Question for written answer  E-002173/2025
    to the Commission
    Rule 144
    Elena Kountoura (The Left)

    Buildings account for approximately 40 % of total energy consumption in the EU and 36 % of CO₂ emissions, making them a key driver of climate change.[1] Decarbonising the building stock through deep renovations is essential to achieving the EU’s climate goals.[2] However, despite the establishment of European policies,[3] the social dimension of environmental policy has not yet been sufficiently integrated.[4] The lack of binding social clauses in European cohesion policy funding programmes increases the risk of phenomena such as ‘green gentrification’ or ‘state-subsidised eviction by renovation’ (‘renoviction’), where renovations lead to rent increases and the displacement of vulnerable groups.[5]

    Considering that an estimated 800 000 social housing units require renovation each year, while around 1.5 million new homes are needed annually:[6]

    • 1.How will the Commission ensure that the ‘renovation wave’ is incorporated into cohesion policy through stable and adequately funded programmes after 2027 for the deep renovation of social housing, tackling energy poverty and prioritising the renovation of empty buildings for sustainable social and affordable housing?
    • 2.Will the Commission consider establishing a European Renovation Loan[7] to cover capital needs towards a net-zero emissions building stock by 2050?
    • 3.Does the Commission intend to propose the inclusion of social clauses for green public renovation investments from cohesion funds, in order to prevent rent increases and social exclusion following renovations?

    Submitted: 30.5.2025

    • [1] See https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:52021PC0802
    • [2] Energy retrofitting of housing reduces carbon emissions, improves people’s quality of life, reduces energy poverty and makes housing more affordable and resilient to energy price fluctuations.
    • [3] For information on the financial instruments provided by the European Union and the EIB, see https://energy.ec.europa.eu/topics/energy-efficiency/financing/financing-building-renovations_en
    • [4] See the report by Enrico Letta, ‘Much More than a Market’, April 2024.
    • [5] Increasing housing costs exacerbate energy poverty and social exclusion, especially in Southern Europe, where the existing housing stock is old.
    • [6] The EIB calculates that EUR 270 billion in investment is needed annually to meet these needs.
    • [7] See https://www.climatestrategy.com/en/informe_23.php and https://www.europarl.europa.eu/doceo/document/TA-9-2023-0068_EN.pdf.
    Last updated: 10 June 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Closure of the Monastery of St Catherine in Sinai and violation of religious freedoms by the Egyptian authorities – E-002164/2025

    Source: European Parliament

    Question for written answer  E-002164/2025
    to the Commission
    Rule 144
    Afroditi Latinopoulou (PfE)

    According to recent reports, the Egyptian authorities have obtained a court ruling that provides for the suspension of the operation of the historic Monastery of St Catherine in Sinai, the confiscation of its property and the removal of the monks. The Monastery in question, which was founded in the 6th century by the Emperor Justinian, is the oldest functioning Christian monastery in the world and is globally recognised as a place of significant cultural and religious heritage.

    This ruling contradicts the public commitments of the Egyptian President to the Greek Government, while raising serious questions regarding the protection of religious freedom, cultural heritage and the rights of the monks who have resided there for centuries.

    Given the EU’s close relations with Egypt and the fundamental values that the Union upholds:

    • 1.How does the Commission intend to react to this blatant violation of religious freedom and the property rights of the monks of the Monastery of St Catherine?
    • 2.Does the Commission intend to raise the issue in EU-Egypt political dialogue and demand the lifting of the restrictive measures on the Monastery?
    • 3.What actions, including financial and/or political sanctions, does the Commission intend to take to protect the Monastery’s cultural heritage and prevent it from being turned into a tourist attraction, against the will of the religious community?

    Submitted: 29.5.2025

    Last updated: 10 June 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Strengthening the role of local authorities in addressing the housing crisis in the European Union – E-002175/2025

    Source: European Parliament

    Question for written answer  E-002175/2025
    to the Commission
    Rule 144
    Elena Kountoura (The Left)

    The housing crisis is affecting more and more regions in the EU, with particular intensity in urban centres, islands and remote areas. Local authorities are on the front line of the crisis, facing diverse and often unique challenges, which require solutions tailored to specific local needs. Their active participation is therefore essential for the development and implementation of national housing strategies and for the effective implementation of EU policies. However, access to European financial instruments for local authorities, especially small municipalities, remains limited.[1] To strengthen their capacity to implement housing programmes, there is a need to create specific European programmes and fast-track funding mechanisms for sustainable social and affordable housing, to allocate part of cohesion policy funds directly to local authorities in a targeted manner and to provide technical assistance to mature housing projects, in particular in municipalities without technical capacity.

    In view of the above:

    • 1.Does the Commission intend to strengthen the institutional participation of local authorities, including island and small municipalities, in the design and implementation of housing policies under cohesion policy after 2027?
    • 2.Does the Commission intend to establish specific mechanisms for direct and rapid financing of municipalities for social and affordable housing projects from cohesion policy funds?
    • 3.Does the Commission intend to support the creation of public funding intermediaries and the provision of technical assistance for the implementation of housing projects by municipalities with limited technical capacity?

    Submitted: 30.5.2025

    • [1] The existing European Union financial instruments that can be mobilised to support social and affordable housing initiatives are not sufficiently accessible or adapted to the needs of local and regional authorities. The complexity of application procedures, the lack of technical support and the inadequate direct allocation mechanisms often act as structural barriers for cities and municipalities wishing to access such funds.
    Last updated: 10 June 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – ‘Resilience Tax’ – E-002183/2025

    Source: European Parliament

    Question for written answer  E-002183/2025
    to the Commission
    Rule 144
    Yannis Maniatis (S&D)

    The tourism industry, whose contribution in Greece exceeds 30 % of national GDP, certainly also has negative impacts on local communities, leading to environmental degradation, traffic congestion and a general burden on local infrastructure. To address these negative impacts, many European countries have adopted bespoke local ‘accommodation taxes’ with remunerative features. The aim is to address issues and improve the operation of the tourism sector at the local level (cleanliness, infrastructure maintenance, tourist promotion, etc.).

    Unfortunately, Greece recently renamed the ‘accommodation tax’ the ‘resilience tax’, increased its revenues by up to 700 % and legislated for the management of these hundreds of millions by central government. The revenue is supposed to finance climate change and disaster recovery actions, despite the fact that all such actions are provided for from other sources, such as, for example, the Recovery and Resilience Fund. Thus, local authorities are left to face their daily problems without help and without their own resources.

    In view of this:

    • 1.Is the Greek model compatible with best practices in terms of reciprocity for the financial support of local governments?
    • 2.What European tools can the Government use to finance climate and disaster actions, to take the place of the revenue from the ‘resilience tax’ and leave that with the municipalities?

    Submitted: 1.6.2025

    Last updated: 10 June 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – The need to exclude social and affordable housing investments from Member States’ deficit calculations and review State aid rules – E-002170/2025

    Source: European Parliament

    Question for written answer  E-002170/2025
    to the Commission
    Rule 144
    Elena Kountoura (The Left)

    The housing crisis in the European Union is getting worse all the time, with house purchase and rental prices skyrocketing,[1] making decent housing unaffordable for more and more households, especially low- and middle-income ones. Housing costs absorb most of citizens’ disposable income, reinforcing social inequalities and widening the exclusion gap. Furthermore, the existing State aid framework and the strict fiscal constraints of the Stability and Growth Pact act as disincentives for critical public investments in social infrastructure, such as affordable and social housing, depriving Member States of the possibility of substantial interventions.[2]

    In practice, the current definition of ‘social housing’ in the 2012 Services of General Economic Interest (SGEI) Decision remains restrictive, creating legal and practical uncertainties in Member States and limiting the effective use of Community financial instruments for affordable housing projects, such as the European Regional Development Fund.[3]

    In view of the above:

    • 1.Does the Commission intend to propose the immediate exclusion of public investment in sustainable social and affordable housing from the calculation of Member States’ deficits under the Stability Pact and the European Semester?
    • 2.Is the Commission aiming to revise the 2012 SGEI Decision to include a European definition of affordable housing?
    • 3.What initiatives does the Commission intend to put in place to remove existing obstacles preventing public investment in affordable housing[4] through the European Structural Funds and the EIB?

    Submitted: 30.5.2025

    • [1] Between 2015 and 2023, house prices in the Union increased by an average of 48 %.
    • [2] The strict application of fiscal rules prevents Member States from making long-term, sustainable investments in public, non-profit or cooperative housing.
    • [3] Although social housing is generally recognised as a social service of general interest, many Member States consider the provision of housing to vulnerable citizens to be an economic activity. In these cases, social housing is classified as an SGEI and is subject to EU internal market and competition rules. If a Member State defines social housing in accordance with the 2012 SGEI Decision, it is exempted from the obligation to notify the Commission in advance and is not subject to strict State aid control. This does not apply to affordable housing.
    • [4] E.g. regarding compensation for the provision of services of general economic interest at an annual amount exceeding EUR 15 million.
    Last updated: 10 June 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Management of stray animals in the EU – E-001104/2025(ASW)

    Source: European Parliament

    1. In line with international standards[1] and for reasons of subsidiarity, the management of stray dog and cat populations remains under the responsibility of the Member States, including on policies for reproduction control, record keeping and protection.

    The proposal for a regulation of the European Parliament and of the Council on the welfare of dogs and cats and their traceability of 2023[2] includes provisions on the management of dogs and cats kept in shelters, which are considered “former” strays[3], and they are registered in a national database in the name of the person responsible of the shelter. The proposal also requires the display of a warning regarding responsible ownership, when advertisements are placed on online platforms. This measure could contribute to decreasing the abandonment of owned dogs and cats, that is a common source of stray animals.

    2. Even though the welfare of stray dogs is not governed at EU level as mentioned in the Commission’s reply to PQ E-001939/2021[4], some concrete actions have been taken. In particular, the Commission remains the main financial donor of Regional Platform on Animal Welfare for Europe of the World Organisation for Animal Health (WOAH)[5]. This Platform is a key regional mechanism to facilitate the implementation of the WOAH standards on animal welfare, including on dogs’ population management[6] by the 53 countries of the Regional Commission for Europe. The Commission also prepares the EU position on the WOAH international standard for dog population management.

    • [1] World Organisation for Animal Health, Terrestrial Code, Chapter 7.7. Dog Population Management: ‘Considering that sources and drivers of free-roaming dogs and management goals differ across communities, dog population management should be individually tailored to local and national contexts or “these recommendations for dog population management measures are described in detail in Articles 7.7.14. to 7.7.24. and should be implemented in accordance with the national context and local circumstances.
    • [2] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52023PC0769.
    • [3] There is a typing error in the proposal which reads “formal” instead of “former” stray.
    • [4] https://www.europarl.europa.eu/doceo/document/E-9-2021-001939-ASW_EN.html.
    • [5] https://rr-europe.woah.org/en/Projects/animal-welfare-platform-europe/about-the-platform/.
    • [6] https://www.oie.int/fileadmin/Home/eng/Health_standards/tahc/current/chapitre_aw_stray_dog.pdf.
    Last updated: 10 June 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Follow-up on the European Council’s call for long-term investment planning on interconnecting the EU energy market – E-001304/2025(ASW)

    Source: European Parliament

    As outlined in the Affordable Energy Action Plan[1], there is a clear and urgent need to develop energy system interconnections to strengthen our Energy Union in order to lower energy costs, enhance competitiveness and ensure an independent and secure energy system.

    Investments in grids and interconnectors will be particularly instrumental. Investing EUR 2 billion per year in cross-border networks provides EUR 5 billion in benefits for citizens yearly.

    The Connecting Europe Facility is the key EU funding instrument for promoting cross-border energy infrastructure, with a financial envelope for the period from 1 January 2021 to 31 December 2027 of some EUR 5.8 billion dedicated to energy projects.

    The Competitiveness Compass[2], the Clean Industrial Deal[3] and the Affordable Energy Action Plan recall the importance for the EU to continue providing sufficient funding to support the completion of the Energy Union’s interconnectors and energy infrastructure. Concrete proposals on future financing will be considered in the framework of the next multiannual financial programme.

    As announced in the Clean Industrial Deal, EU funding will provide significant further investments in the infrastructure and connectivity required to complete the Energy Union.

    The Commission will also put forward a European Grid Package to, among others, ensure cross-border integrated planning and delivery of projects, especially on interconnectors.

    At the same time, the Commission recalls that existing infrastructure needs to be used efficiently, notably by fully implementing the target of 70% of available capacity for cross-border exchanges at the interconnectors.

    • [1] Action Plan for Affordable Energy Unlocking the true value of our Energy Union to secure affordable, efficient and clean energy for all Europeans, COM/2025/79 final.
    • [2] A Competitiveness Compass for the EU, COM(2025) 30 final.
    • [3] The Clean Industrial Deal: A joint roadmap for competitiveness and decarbonisation, COM(2025) 85 final.
    Last updated: 10 June 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – The explosive state of public health, which rewards private groups – E-001242/2025(ASW)

    Source: European Parliament

    According to Article 168(7) of the Treaty on the Functioning of the European Union[1], Member States are responsible for the organisation and delivery of health services and medical care, including the management thereof and the allocation of the resources assigned to them.

    In 2020, 2022 and 2023, Greece received country-specific recommendations to ensure adequate and equal access to healthcare, notably for primary healthcare.

    They were reflecting, among others, the share of the surveyed population reporting forgone medical needs for financial reasons (9% in 2024)[2].

    The situation is worse for women and for lower income groups. Without prejudice to these national responsibilities, the grant component of the Greek Recovery and Resilience Plan (RRP) includes reforms and investments, with an estimated cost of EUR 1,537 million[3], to improve the resilience, accessibility, and sustainability of the healthcare system.

    The national public health prevention programme in particular aims to improve the quality of life of the population and enhance the resilience of the health system by ultimately reducing behavioural risk factors.

    Additionally, around EUR 280 million (EU allocation) has been allocated under the European Regional Development Fund to co-finance infrastructure and equipment at all levels of care in the Greek national health system[4].

    Moreover, around EUR 250 million are allocated by the European Social Fund Plus towards investments to improve the accessibility and effectiveness of Greek primary healthcare services[5].

    All these financial measures are expected to lead to improved health services in Greece and support the principle of equal access to health services, efficiency and social cohesion.

    • [1] eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:12012E/TXT&from=en.
    • [2] https://ec.europa.eu/eurostat/databrowser/bookmark/bac814b3-7a51-4326-8709-5d060d9796e9?lang=en.
    • [3] Data retrieved from European Commission’s FENIX database (data current as of 15 April 2025)
    • [4] Data retrieved from European Commission’s Cohesion Open Data Platform, accessible via https://cohesiondata.ec.europa.eu/, data refer to spending categories 128 Health infrastructure, 129 Health equipment, 130 Health mobile assets (data current as of 15 April 2025).
    • [5] Data retrieved from European Commission’s Cohesion Open Data Platform, accessible via https://cohesiondata.ec.europa.eu/, data refer to spending Category c Accessibility, effectiveness & resilience of health systems (data current as of 15 April 2025).

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Changes to Commissioner Jørgensen’s mission letter – E-000416/2025(ASW)

    Source: European Parliament

    The communication on the 2040 climate target[1] and its Impact Assessment confirm that all zero and low carbon solutions, including renewables and nuclear, are necessary to decarbonise the energy system by 2040.

    A greater share of renewables in 2040 is thus necessary to meet our climate goals in the most cost-effective way, while enhancing energy independence and affordability.

    During his hearing on 5 November 2024, the Commissioner for Energy and Housing set out his intention to propose a renewable energy target for 2040, which has been reflected in his Mission Letter[2].

    The Commission will then work on this proposal with all the energy stakeholders and in close cooperation with all Member States, in view of supporting investor predictability, innovation and market growth for clean technologies.

    As reaffirmed by the Commissioner for Energy and Housing[3], it is also important to ensure technology-neutrality when decarbonising our economy, in line with the Treaty.

    As announced in the Affordable Energy Action Plan[4], the Commission will assess investment needs in an updated Nuclear Illustrative Programme and the possibility of streamlining permitting and licensing practices for the deployment of new nuclear technologies such as Small Modular Reactors (SMRs).

    The European Industrial Alliance on SMRs was launched to facilitate the deployment of the first SMRs in the EU by early 2030s. The Commission will continue to support the work of the Alliance.

    • [1] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:52024DC0063.
    • [2] https://commission.europa.eu/document/download/1c203799-0137-482e-bd18-4f6813535986_en?filename=Mission%20letter%20-%20JORGENSEN.pdf.
    • [3] https://hearings.elections.europa.eu/documents/jorgensen/jorgensen_verbatimreporthearing-original.pdf.
    • [4] https://energy.ec.europa.eu/publications/action-plan-affordable-energy-unlocking-true-value-our-energy-union-secure-affordable-efficient-and_en.
    Last updated: 10 June 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Lack of reliability in olive oil taste classification systems experienced by Spanish producers – E-001575/2025(ASW)

    Source: European Parliament

    In accordance with Regulation (EU) 2022/2104[1], two organoleptic characteristics and six chemical ones are among the eight parameters used to classify olive oil in different categories.

    All eight parameters are analysed when performing conformity checks, in addition to 27 parameters for olive oil purity, set by the same Regulation.

    The set of characteristics laid down in Regulation (EU) 2022/2104, makes the olive oil standard an exceptionally comprehensive quality standard.

    The Commission considers that the work of tasting panels is harmonised to a great extent. Further harmonisation efforts are under way in the International Olive Council (IOC), of which the EU is a member.

    Panels are applying the same IOC organoleptic testing method and are approved and reviewed by their national authority in accordance with Article 10 of Regulation (EU) 2022/2105 on conformity checks for olive oil marketing standards[2].

    In addition, tasting panels seek and obtain IOC recognition, passing yearly inter-laboratory comparison tests. European panel leaders are part of the EU delegation participating in the IOC organoleptic expert group.

    All IOC recognised panels participate in a yearly IOC harmonisation workshop. As the EU is a member of the IOC, it is bound to apply IOC methods.

    Nevertheless, the Commission is aware that part of the sector is not satisfied with the organoleptic method. Therefore, under the Horizon 2020, the Commission prioritised and financed research and innovation on the assessment of the qualities of olive oil, leading to the OLEUM project.

    The results of the project include a new method determining volatile compounds, which is currently further developed by the IOC.

    • [1] Commission Delegated Regulation (EU) 2022/2104 of 29 July 2022 supplementing Regulation (EU) No 1308/2013 of the European Parliament and of the Council as regards marketing standards for olive oil, and repealing Commission Regulation (EEC) No 2568/91 and Commission Implementing Regulation (EU) No 29/2012; ELI: http://data.europa.eu/eli/reg_del/2022/2104/oj.
    • [2] Commission Implementing Regulation (EU) 2022/2105 of 29 July 2022 laying down rules on conformity checks of marketing standards for olive oil and methods of analysis of the characteristics of olive oil; ELI: http://data.europa.eu/eli/reg_impl/2022/2105/2022-11-04.

    MIL OSI Europe News

  • MIL-OSI: Personal Loan Authority Announces Official Website Update Featuring Financial Wellness Support for Emergency Cash Access

    Source: GlobeNewswire (MIL-OSI)

    Houston, June 10, 2025 (GLOBE NEWSWIRE) —

    Personal Loan Authority, a digital financial platform focused on rapid personal loan matching, has updated its official website to better serve individuals seeking emergency cash solutions. Designed to meet the growing demand for fast and flexible funding, the platform helps users access loan options ranging from $100 to over $5,000—often with next-day funding.

    According to the official website (www.personalloanauthority.com), Personal Loan Authority simplifies the borrowing process by connecting users with reputable lenders through a streamlined online application. Whether managing an unexpected medical bill, car repair, or home expense, the platform enables consumers to explore personal loan options without the long wait times often associated with traditional banking systems.

    “We built Personal Loan Authority to deliver clarity and speed to those facing urgent financial needs,” said a company spokesperson. “Our goal is to empower individuals with access to transparent loan offers and flexible repayment terms through a simple, user-friendly interface.”

    The company emphasizes convenience and accessibility. Visitors can compare loan types—including unsecured fixed-rate loans—based on their credit profile and desired borrowing terms. Educational resources are also available to help users understand personal loan structures and repayment strategies, supporting better-informed financial decisions.

    As noted on the product website, Personal Loan Authority includes a satisfaction commitment and does not charge users to compare loan offers. All inquiries are handled securely, with a focus on user privacy and transparency.

    About Personal Loan Authority

    Personal Loan Authority is a U.S.-based online platform committed to helping consumers access emergency funding through fast, secure, and easy-to-navigate personal loan matching. By focusing on clarity, speed, and financial empowerment, the company provides tools and resources that support better borrowing decisions and long-term financial wellness.

    Product and Contact Information

    Brand: Personal Loan Authority
    Website: https://www.personalloanauthority.com
    Email: support@personalloanauthority.com

    Disclaimer

    This release is for informational purposes only and does not constitute financial advice or a lending offer. Loan terms, eligibility, and availability may vary by state and lender. Personal Loan Authority is not a direct lender. All consumers are encouraged to review terms and consult a financial advisor before borrowing.

    The MIL Network

  • MIL-OSI New Zealand: Applications open for $30 million Coastal Shipping Resilience Fund

    Source: New Zealand Government

    Applications have opened for a $30 million fund for projects that will enhance the resilience of New Zealand’s coastal shipping connections and help boost economic growth, Associate Transport Minister James Meager has announced.

    The Coastal Shipping Resilience Fund was established through the Government Policy Statement on land transport. Funding will be allocated through a contestable process, with the criteria’s scope confirmed today.

    “The coastal shipping sector is vulnerable to natural hazard risks. Disruption to the sector could worsen New Zealand’s supply chain and economic performance,” Mr Meager says.

    “This long-term investment is crucial to ensuring we as a nation can get our goods to market, which is vital to growing the economy. Economic growth means more jobs, higher incomes and better public services for all Kiwis.”

    The fund will be used to invest in a small number of landmark projects, to support assets and facilities with a long lifespan well beyond the three-year funding period.

    This could include strengthening wharves and jetties, improving access routes to and from ports, or upgrading freight handling equipment.

    Preference will be given to applications which include co-investment.

    Mr Meager says the fund will also consider requests from sectors that support the resilience of the wider coastal shipping sector through, for example, energy and fuel, navigation aids, or the training of seafarers. 

    “Coastal shipping plays an important role in New Zealand’s freight network. It provides a safe and low emitting way of transporting large, heavy cargo such as shipping containers – along with cement and aggregate used in building new infrastructure.

    “It is also a lifeline when natural disaster strikes, as demonstrated following Cyclone Gabrielle when coastal shipping provided critical services to Tairāwhiti. The fund will ensure those benefits can continue.

    “The fund will enhance the coastal shipping sector’s ability to prepare for, respond to and recover from disruptive events that would otherwise undermine our coastal freight connections.”

    MIL OSI New Zealand News

  • MIL-OSI USA: SBA Disaster Loan Outreach Center in Stillwater to Relocate

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced today the relocation of its Stillwater Disaster Loan Outreach Center (DLOC) from the City of Stillwater Community Center to the Meridian Technology Center beginning Thursday, June 12 at 8:00 a.m.

    SBA opened the DLOC to provide personalized assistance to Stillwater residents, small businesses and private nonprofit organizations affected by wildfires and straight-line winds occurring March 14-21.

    “When disasters strike, SBA’s Disaster Loan Outreach Centers perform an important role by assisting small businesses and their communities,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the U.S. Small Business Administration. “At these centers, our SBA specialists help business owners and residents apply for disaster loans and learn about the full range of programs available to support their recovery.”

    Walk-ins are accepted, but you can schedule an in-person appointment in advance at appointment.sba.gov. The City of Stillwater Community Center DLOC will permanently close Wednesday, June 11 at close of business. The Meridian Technology Center DLOC will open Thursday, June 12 with the location and hours of operation as indicated below.

    PAYNE COUNTY

    Disaster Loan Outreach Center
    Meridian Technology Center
    Rooms 127 and 129
    1414 South Sangre Rd.
    Stillwater, OK  74074

    Mondays – Fridays, 8:00 a.m. – 4:30 p.m.
    Opens Thursday, June 12 at 8:00 a.m.

    The following DLOC locations are also open and continue to serve survivors:

    CREEK COUNTY

    LINCOLN COUNTY

    Disaster Loan Outreach Center
    First Baptist Church of Mannford
    105 Greenwood Ave.
    Mannford, OK  74044

    Mondays – Tuesdays, 
    9:00 a.m. – 6:00 p.m.

    Wednesdays, 8:30 a.m. – 4:30 p.m.

    Thursdays – Fridays, 
    9:00 a.m. – 6:00 p.m.

    Disaster Loan Outreach Center
    Carney High School
    203 Carney St.
    Carney, OK  74832

    Mondays – Fridays, 
    9:00 a.m. – 6:00 p.m.

     

     

     

    LOGAN COUNTY

    PAWNEE COUNTY

    Disaster Loan Outreach Center
    Logan County Courthouse Annex
    (Across the street north of the 
    courthouse in the old 
    Girl Scout room)
    312 E. Harrison Ave.
    Guthrie, OK  73044

    Mondays – Fridays, 
    9:00 a.m. – 6:00 p.m.

    Disaster Loan Outreach Center
    First Baptist Church Cleveland
    201 W. Crestview Rd.
    Cleveland, OK  74020|

    Mondays – Fridays, 
    8:00 a.m. – 5:00 p.m.

    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 be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include insulating pipes, walls and attics, weather stripping doors and windows, and installing storm windows to help protect property and occupants from future disasters.

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

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

    Interest rates are 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 determines eligibility and 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 filing deadline to return applications for physical property damage is July 22, 2025. The deadline to return economic injury applications is Feb. 23, 2026.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News

  • MIL-OSI USA: VIDEO: Ahead of 13th Anniversary of DACA, Rosen Slams Trump’s Attacks on Dreamers, Calls for Permanent Protections on Senate Floor

    US Senate News:

    Source: United States Senator Jacky Rosen (D-NV)
    Senator Rosen Urged Her Colleagues to Pass a Bipartisan Solution That Gives DACA Recipients a Pathway to Citizenship and Keeps Families Together
    Watch Senator Rosen’s Full Remarks HERE.
    WASHINGTON, DC – Today, U.S. Senator Jacky Rosen (D-NV) took to the Senate floor to mark the thirteenth anniversary of the Deferred Action for Childhood Arrivals (DACA) program and deliver a forceful defense of Nevada’s Dreamers in light of the Trump Administration’s attacks on immigrant communities across the country. Senator Rosen reaffirmed her commitment to do everything in her power to protect the more than 12,000 DACA recipients in Nevada who know no other home but the U.S., and she condemned Donald Trump’s repeated efforts to dismantle the program.
    Senator Rosen also criticized Washington’s long-standing failure to pass comprehensive immigration reform, calling it unacceptable that DACA recipients continue to live in fear and uncertainty. She urged her colleagues on both sides of the aisle to stop using Dreamers as a political football and take immediate action to pass legislation that provides permanent protections and a pathway to citizenship.
    Below are excerpts of Senator Rosen’s floor remarks:
    As we approach the thirteenth anniversary of DACA, I rise today in strong support of this program and the thousands of Nevadans who rely on it.
    My state of Nevada is home to more than twelve thousand DACA beneficiaries who know of no other country as their own. 
    They grew up in our communities and contribute to our nation and our economy.
    They are our neighbors, our friends, and our family members. 
    Many of them are now even raising their own families here – sending their kids to school, taking them to soccer practice, and going to the park on weekends.
    But Washington has failed them. 
    What started out as a temporary program – meant to protect Dreamers while Congress worked to pass a more permanent solution – has turned into a decades-long lifeline for so many. 
    Washington’s gridlock and its inability to pass comprehensive immigration reform with a pathway to citizenship for Dreamers has left them to depend on DACA.
    It has also opened the door to attacks from the Trump Administration and right-wing extremists…
    During his first term, Donald Trump rescinded DACA and threw this critical program into a tail-spin… leaving the future of Dreamers and their families to depend on court case after court case.
    Can anyone in this chamber imagine the stress, the fear, the uncertainty they have had to endure all of these years not knowing if they’d be separated from their families or not?
    In his second term, Trump has been relentless in attacking and separating hardworking, law-abiding immigrant families… increasing fear and worry in our immigrant communities, including DACA recipients. 
    If DACA were to end, millions of Dreamers across our nation would be at risk of having to leave the only country they’ve ever known… the only place they’ve ever called home.
    Parents would face separation from their children, leaving families forever traumatized.
    And our economy and communities would gravely suffer.
    And just imagine the message we would be sending….
    Nevadans who have done everything right since they arrived in our state… Nevadans who were brought here as kids through no fault of their own, and who followed the rules when the government asked them to, followed the rules… Nevadans who have graduated college, Nevadans who have served in the military, and started businesses in our communities… Nevadans who are currently protected… could now lose the only life they have ever known.
    So, Mr. President, it’s past time that politicians in Washington stop using Dreamers as a political football and finally pass a law that permanently protects them.
    These hardworking Americans deserve to have peace of mind… and they deserve a life without fear.
    I want Dreamers to know they have allies in their corner. 
    As Nevada’s Senator, I’ll do everything in my power to protect all of our communities and keep families together.
    Since Day One in the Senate, I’ve been pushing my colleagues to come together in a bipartisan way to pass a permanent solution… one that gives Dreamers permanent protections and a pathway to citizenship. A pathway to citizenship now, while we continue to work on comprehensive immigration reform that this country so surely needs. 
    This shouldn’t be a partisan issue… and as long as I’m in the Senate, I won’t stop fighting for it.  
    I want everyone to know that in the meantime, I will continue to do everything in my power to protect DACA and the thousands of Nevadans who rely on it. 

    MIL OSI USA News

  • MIL-OSI USA: Hagerty Introduces Trump’s Nominees Andy Puzder, Jacob Helberg

    US Senate News:

    Source: United States Senator for Tennessee Bill Hagerty
    WASHINGTON—Today, United States Senator Bill Hagerty (R-TN), a member of the Senate Foreign Relations Committee and former U.S. Ambassador to Japan, introduced Andy Puzder, President Donald Trump’s nominee to be U.S. Ambassador to the European Union, and Jacob Helberg, President Trump’s nominee to be Under Secretary of State for Economic Growth, Energy, and the Environment.

    *Click the photo above or here to watch*
    Remarks as prepared for delivery:
    Chairman Risch and Ranking Member Shaheen, thank you for holding today’s hearing.
    It is my honor to introduce two of my good friends this morning:
    Mr. Andy Puzder—President Trump’s nominee to be U.S. Ambassador to the European Union; and,
    Mr. Jacob Helberg—President Trump’s nominee to be Under Secretary of State for Economic Growth, Energy, and the Environment.
    Let me first speak to Andy’s qualifications.
    Andy is a patriot whose highly accomplished career in business, law, and public policy makes him an excellent candidate for this ambassadorial role.
    Andy is widely recognized for his leadership as the former CEO of CKE Restaurants, the parent company of Carl’s Jr. and Hardee’s.
    During his tenure, he led the company through a significant turnaround, growing CKE’s role as a major player in the global fast-food industry.
    Under Andy’s leadership, CKE expanded to over 3,800 restaurants across 45 states and 40 foreign countries, with more than 115,000 employees worldwide.
    His experience navigating international markets and cross-border business challenges gives him a practical, hands-on understanding of global commerce—an asset of particular relevance to a diplomatic post in Brussels that is focused on transatlantic economic relations.
    Yet his qualifications extend beyond the boardroom.
    Andy is a seasoned attorney, a published author, and a deeply respected voice in national debates over public policy.
    He has also been a vocal advocate for pro-growth economic policies, regulatory reform, and other efforts to strengthen American competitiveness in global markets—issues that are central to the ongoing relationship between the United States and the European Union.
    As the nominee to be U.S. Ambassador to the EU, Andy brings with him not only decades of executive leadership, but also a clear understanding of how economic policy affects real people, businesses, and international relationships.
    At a time when transatlantic cooperation faces both opportunities and challenges—from trade and technology to security—his experience and know-how will be critical to furthering ties between the United States and Europe in support of President Trump’s agenda.
    Let me now turn to Jacob Helberg, a nominee whose vision, intellect, and tenacity make him uniquely qualified for the role of Under Secretary of State for Economic Growth, Energy, and the Environment.
    His nomination comes at a pivotal moment.
    From economic coercion to critical mineral choke points to energy issues and the weaponization of advanced technologies, the challenges posed by adversaries to our nation are urgent and complex.
    To meet these challenges, we need fierce advocates for American competitiveness like Jacob at the State Department.
    Over the years I have known Jacob, I have found that he is a true visionary, with a rare ability to take big, strategic ideas and turn them into meaningful action.
    I remember when Jacob came by my office shortly after being nominated and I commented that his nomination was likely very unwelcome news in Beijing—and for good reason.
    Jacob’s ideas and publications have helped reframe how policymakers view China’s predatory trade practices and the strategic dimensions of emerging technologies in AI, space, and robotics.
    Jacob is a public servant, whose work as a commissioner on the U.S.-China Economic and Security Review Commission has driven U.S. policy toward a safer and more prosperous future.
    And Jacob is an internationally recognized leader, whose Hill and Valley Forum has become a preeminent venue for bringing Washington policymakers and Silicon Valley innovators together to address important economic and national security issues—the same issues that Jacob will tackle if confirmed as Under Secretary.
    At a time when authoritarian regimes like China exploit economic tools and emerging technologies to undermine our national interests, Jacob’s nomination reflects the urgent need for strategic, tech-savvy leadership of U.S. foreign policy.
    Jacob will bring to the role of Under Secretary not only a profound understanding of the global economy, but also a powerful grasp of the digital battlegrounds where this century’s great power competition is playing out.
    I have no doubt that Jacob will serve with integrity, focus, and a determination to strengthen America’s hand on the world stage.
    Mr. Chairman, thank you for the opportunity to introduce my friends Andy and Jacob this morning.
    I would also like to extend my regards to Ben Black, nominated to lead the U.S. International Development Finance Corporation, whose expertise in investment and development will be instrumental in advancing our nation’s global economic interests.
    We need these highly qualified leaders on the frontlines of American diplomacy, and I urge my colleagues to support their nominations.

    MIL OSI USA News

  • MIL-OSI USA: Duckworth, Warren and Colleagues Demand Investigation After Uncovering DOGE Employee Gained Access to Sensitive Education Department Data

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth
    June 09, 2025
    [WASHINGTON, D.C.] – U.S. Senator Tammy Duckworth (D-IL) joined U.S. Senator Elizabeth Warren (D-MA) and fellow Senate Democratic colleagues in calling on the Acting Inspector General of the U.S. Department of Education (ED) to open an investigation into new information obtained by her office revealing that DOGE may have gained access to “two of [Federal Student Aid] FSA’s internal systems: Financial Management System (FMS) and Partner Connect,” in addition to sensitive borrower data. Following DOGE’s “takeover” of ED, the Senators opened an investigation into the matter. In response, ED disclosed that DOGE supported a review of FSA’s contracts, and to conduct this review, ED granted “one employee [] read-only access” to two of FSA’s internal systems, which both hold sensitive personal information for people on Title IV loan and grant programs. 
    “Because of the Department’s refusal to provide full and complete information, the full extent of DOGE’s role and influence at ED remains unknown,” wrote the Senators. “This lack of clarity is not only frustrating for borrowers but also dangerous for the future of an agency that handles an extensive student loan portfolio and a range of federal aid programs for higher education.”
    ED also disclosed that it had since “revoked” that employee’s access to both of those systems. Alarmingly, ED did not indicate why the DOGE employee’s access had been revoked, whether this employee has retained access to any other ED databases and what actions the Department has done to ensure that student loan borrowers’ sensitive information would not be released or misused. The Senators are requesting that the ED OIG conduct a review to determine whether ED adhered to the Privacy Act and also determine the impact of DOGE’s new plans to consolidate Americans’ personal information across government databases.
    In addition to Duckworth and Warren, the letter was cosigned by U.S. Senators Ben Ray Luján (D-NM), Ed Markey (D-MA), Jeff Merkley (D-OR), Tina Smith (D-MN), Chris Van Hollen (D-MD), Cory Booker (D-NJ), Richard Blumenthal (D-CT) and Ron Wyden (D-OR).
    Full text of the letter is available below and on Senator Duckworth’s website:
    Dear Acting Inspector General Rocque:
    Earlier this year, we opened an investigation into the Department of Government Efficiency’s (DOGE) infiltration of the Department of Education (ED or the Department). Our investigation revealed some new information about the scope of DOGE’s access to the Department’s internal databases. For example, ED informed us that “one employee had read-only access to two of [Federal Student Aid] FSA’s internal systems:” Financial Management System (FMS) and Partner Connect. However, ED refused to provide us other key information, including which DOGE employees had access to sensitive Education Department data, whether access to borrowers’ data, in particular, was granted, and what safeguards had been implemented to protect this sensitive ED data.
    We write to refer these findings to your office and, given the Department’s failure to provide full information in response to our inquiries, request that the U.S. Department of Education Office of Inspector General (ED OIG) conduct a review to determine whether DOGE and ED may have compromised sensitive data or violated the agency’s procedures and responsibilities to protect sensitive data from misuse and unauthorized access. Furthermore, given new reporting that DOGE plans to consolidate Americans’ personal information across government databases, we request that you evaluate the impact this action will have on students’ and educators’ privacy and provide recommendations for safeguarding this data in light of these new threats.
    In Response to Congressional Requests, ED Has Refused to Provide Key Information About DOGE’s Takeover
    In February 2025, DOGE initiated a “takeover” of the Education Department, “gain[ing] access to federal student loan data, which includes personal information for millions of borrowers.” Initial reporting raised potential privacy concerns given the federal student loan database stores borrowers’ Social Security numbers, income information, and other personally identifiable information. Indeed, one ED employee worried that DOGE would “use information from the national student loan database to target Americans, push career employees out and hamper the federal government’s ability to collect on federal loans.” Soon afterwards, we opened an investigation into the matter. Throughout the course of this investigation, ED revealed a limited set of new information about the extent of DOGE’s access to ED’s internal databases, but refused to disclose whether and to what extent DOGE had access to student loan borrowers’ data, specifically.
    In its February 18, 2025 response, the Department disclosed that DOGE “support[ed] a review of the Department and Federal Student Aid (FSA) contracts to identify possible efficiencies.” To conduct this review, ED granted “one employee [] read-only access” to two of FSA’s internal systems, FMS and Partner Connect, which both hold information on Title IV loan and grant programs. ED also disclosed that it had since “revoked” that employees’ access to both systems. However, the Department did not indicate why the DOGE employee’s access had been revoked, whether this employee has retained access to any other ED databases, and what actions the Department has done to ensure that sensitive information would not be released or misused. ED refused to answer any of these questions in our February 26, 2025 follow-up letter, citing “ongoing litigation.”
    ED further refused to disclose any information about the scope of DOGE’s access to sensitive student borrower data, including whether or not DOGE was granted access to the National Student Loan Data System or any other database that holds sensitive federal student loan borrower data. ED also did not answer any of our questions about how it intends to safeguard personal student loan borrower data or other financial data, given DOGE’s interventions. The Department refused to provide any identifying information about or an exact number of employees “who have been granted access to Department information technology and data systems,” potentially including student borrower data. And, when pressed about discrepancies in how these employees were reportedly onboarded, ED remained silent. In short, these responses failed to diminish our concerns about borrowers’ privacy and whether the Department may have violated the law or the federal government’s procedures in handling this data.
    Request for a Review by the ED OIG
    Because of the Department’s refusal to provide full and complete information, the full extent of DOGE’s role and influence at ED remains unknown. This lack of clarity is not only frustrating for borrowers but also dangerous for the future of an agency that handles an extensive student loan portfolio and a range of federal aid programs for higher education.
    Additionally, DOGE is now reportedly “leading an effort to link government databases” across federal agencies, consolidating all of Americans’ segregated records in one large “data trove.” This consolidation threatens the privacy of millions of students, educators, and student loan borrowers across the country whose information is on file at ED. Furthermore, this initiative “would break a longstanding covenant between the federal government and the U.S. public rooted in privacy laws — that Americans who share their personal data with official agencies can trust that it will be secured and used only for narrow purposes.”
    Accordingly, we request that you conduct a review as to whether ED adhered to the Privacy Act, 5 U.S.C. § 552a, and “all applicable laws and regulations concerning management of borrower data” and institutional data when it allowed DOGE access to its databases. We are concerned that ED undermined its own mission to “protecting student privacy” in its collaboration and arrangements with DOGE. This review would be consistent with your office’s mission to promote “integrity of the Department’s programs and operations” and “identify[] … abuse[] and criminal activity involving Department funds, programs, and operations.”
    Thank you for your attention to this important matter.
    Sincerely,
    -30-

    MIL OSI USA News

  • MIL-OSI USA: Duckworth, Durbin Lead Illinois Colleagues in Condemning Trump’s Termination of Digital Equity Program, Blocking Illinoisans’ Access to Reliable Internet

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth
    June 09, 2025
    [WASHINGTON, D.C.] – U.S. Senator Tammy Duckworth (D-IL) and U.S. Senate Democratic Whip Dick Durbin (D-IL) led 12 of their Illinois delegation members in criticizing the Trump Administration’s cancellation of the Digital Equity Act Competitive Grants Program. In a letter to Commerce Secretary Howard Lutnick, the Members urged the Trump Administration to reinstate the program that was terminated last month. The Illinois Department of Commerce and Economic Opportunity (DCEO) was in the process of implementing a Digital Equity Capacity Grant under this program, which would have provided more than $23.7 million to Illinois organizations across the state to equip households and residents with the skills, resources and tools needed to use high-speed internet and fully participate in Illinois’s economy.
    “This is not a, ‘woke handout based on race.’ This is help for households with the highest need based on historic and ongoing barriers to getting online, such as living in a rural area,” the Members wrote. “This not only includes racial and ethnic minorities, but also, Veterans, people with disabilities, rural residents and older adults (ages 60 years or older). Nearly 80% of Illinois residents belong to at least one of the categories of individuals the law is designed to assist,”
    “Without these funds, programs that help job seekers create a resume to apply for jobs, help farmers use data to optimize crop and livestock production, help seniors pay their bills online and speak with their healthcare providers and help entrepreneurs to develop a website would be slashed.”
    Along with Duckworth and Durbin, the letter is co-signed by U.S. Representatives Jonathan Jackson (D-IL-01), Robin Kelly (D-IL-02), Delia Ramirez (D-IL-03), Jesús “Chuy” García (D-IL-04), Mike Quigley (D-IL-05), Sean Casten (D-IL-06), Raja Krishnamoorthi (D-IL-08), Jan Schakowsky (D-IL-09), Brad Schneider (D-IL-10), Bill Foster (D-IL-11), Nikki Budzinski (D-IL-13) and Eric Sorensen (D-IL-17).
    The full text of the letter is available on Senator Duckworth’s website and below.
    Dear Secretary Lutnick,
    We strongly object to May 9, 2025, termination of Digital Equity Act (DEA) funding and request that the U.S. Department of Commerce reinstate this funding immediately.
    Under the Constitution, Congress makes spending decisions.
    Congress recognized that broadband access and digital literacy are increasingly critical for employment, education, healthcare and participation in the broader economy. Accordingly, in a bipartisan manner, Congress provided $2.75 billion for the states to help ensure that all households have the technology, skills and capacity to access and benefit from the digital economy. Illinois has been awarded $23.7 million through the Digital Equity Capacity Grant, and organizations working throughout our State have also been awarded grant funds for multi-state Digital Equity Competitive Grant projects.
    This is not a, “woke handout based on race[.]” This is help for households with the highest need based on historic and ongoing barriers to getting online, such as living in a rural area. This not only includes racial and ethnic minorities, but also, Veterans, people with disabilities, rural residents and older adults (ages 60 years or older). Nearly 80% of Illinois residents belong to at least one of the categories of individuals the law is designed to assist.
    Without these funds, programs that help job seekers create a resume to apply for jobs, help farmers use data to optimize crop and livestock production, help seniors pay their bills online and speak with their healthcare providers and help entrepreneurs to develop a website would be slashed.
    Additionally, investments in digital skill building and device access generates a significant return on investment for Americans and U.S. businesses. According to a report from the National Skills Coalition, people who qualify for jobs that require at least one digital skill earn, on average, 23% more than those working in jobs that require none. This represents an increase of $8,000 per year for an individual worker. The impact on wages is even higher for jobs that require more digital skills. Businesses that can hire job seekers with more skills up front must therefore invest less in upskilling them.
    We urge you to reverse course and reinstate this critical funding.
    Sincerely,
    -30-

    MIL OSI USA News

  • MIL-OSI Economics: Microsoft announces quarterly dividend

    Source: Microsoft

    Headline: Microsoft announces quarterly dividend

    MIL OSI Economics

  • MIL-OSI Banking: Microsoft announces quarterly dividend

    Source: Microsoft

    Headline: Microsoft announces quarterly dividend

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