Category: Economy

MIL-OSI USA: SBA Offers Relief to Missouri Private Nonprofits Affected by Spring Storms

Source: United States Small Business Administration

SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to private nonprofit (PNP) organizations in Missouri affected by severe winter storms, straight-line winds, tornadoes and flooding occurring March 30–April 8.

The disaster declaration covers the Missouri counties of Bollinger, Butler, Cape Girardeau, Carter, Cooper, Douglas, Dunklin, Howell, Iron, Madison, Maries, Mississippi, New Madrid, Oregon, Ozark, Pemiscot, Reynolds, Ripley, Scott, Shannon, Stoddard, Texas, Vernon, Wayne and Webster.

Under this declaration, PNPs providing non-critical services of a governmental nature impacted by physical damages or financial losses directly related to the disaster are eligible to apply for both business physical damage loans and Economic Injury Disaster Loans (EIDLs) from the SBA. Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools, and colleges.

PNPs may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Applicants may also be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes.

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

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

Interest rates are as low 3.62% for PNPs 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 will set loan amounts and terms based on each applicant’s financial condition.

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

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 22, 2025. The deadline to return economic injury applications is Feb. 23, 2026.

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About the U.S. Small Business Administration

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

MIL OSI USA News –

June 10, 2025

MIL-OSI Security: Six Men Sentenced for Illegally Transmitting More Than $15 Million Dollars Using Hawala Network

Source: US FBI

Jay Clayton, the United States Attorney for the Southern District of New York, and Christopher G. Raia, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced that HIRENKUMAR PATEL, the last of six defendants in a case involving an unlicensed money transmitting business that illegally sent millions of dollars in cash throughout the U.S. and between the U.S. and India, was sentenced to 21 months in prison by U.S. District Judge Kenneth M. Karas. PATEL previously pled guilty to one count of conspiracy to operate an unlicensed money transmitting business and one count of operation of an unlicensed money transmitting business on September 12, 2024, before U.S. Magistrate Judge Victoria Reznik.

“The anonymous transmission of money is a linchpin of international criminal activity, whether hacking, drug dealing, sex trafficking, or terrorism” said U.S. Attorney Jay Clayton. “Unlicensed money transmission organizations, like the ‘halawa’ network operated by Patel and his cohorts, are tailor made for supporting international criminal activity. Together with our law enforcement partners, we will seek to shut down these unlicensed networks and stop the flow of dirty money to criminals who do harm to Americans from abroad.”

FBI Assistant Director in Charge Christopher G. Raia said: “These six defendants engaged in an unregulated money transferring scheme responsible for illegally transmitting $15 million in less than a year. Illicit financial schemes like this one cause damage to our economic system that extends beyond the directly involved bad actors. The sentencings announced today demonstrate the FBI’s commitment to ensuring those who attempt to carry out illegal financial schemes face the repercussions in the criminal justice system.”

According to allegations contained in the Complaint, the Information, court filings, and public court proceedings:

In or about April 2021, law enforcement identified a vendor (“Vendor”) on the dark web who was offering, in exchange for a fee, a service to convert cryptocurrency into cash. The Vendor indicated to an undercover agent that some of his clients made money by selling drugs, his wealthiest clients were hackers, and that he had made approximately $30 million over the prior three years through the conversion of cryptocurrency to cash.

In or about February 2023, law enforcement began working with a confidential source and learned that the Vendor was using a “hawala”[1] to obtain the cash that was ultimately exchanged for the cryptocurrency. As part of this hawala, several of the defendants collected cash along the East Coast of the U.S., which was later delivered to an individual who mailed the cash to the Vendor’s customers. All six defendants participated in the delivery of, and/or coordinated the delivery of, the collected cash. The persons who supplied the cash for collection, in turn, used the hawala to have their cash converted into rupees delivered to designated individuals in India.

Of the approximately $15 million sent through the hawala between in or about February 2023 and in or about September 2023, PATEL was responsible for participating in 42 deliveries of bags of cash totaling more than $7.7 million. Neither PATEL nor his co-defendants were licensed or registered to operate as a money transmitting business in New York or under federal law.

* * *

A chart containing the names of the defendants, the charges they were convicted of, and the sentences they received is set forth below.

Mr. Clayton praised the outstanding work of the FBI, the U.S. Postal Inspection Service, and the U.S. Attorney’s Office for the Eastern District of Kentucky in connection with this investigation.

The prosecution is being handled by the Office’s White Plains Division. Assistant U.S. Attorneys Benjamin Levander and Timothy Ly are in charge of the prosecution.

Defendant	Age	Convictions	Sentence
Rajendrakumar Patel	52	Conspiracy to Operate an Unlicensed Money Transmitting Business and Operation of an Unlicensed Money Transmitting Business	27 months in prison
Brijeshkumar Patel	32	Conspiracy to Operate an Unlicensed Money Transmitting Business and Operation of an Unlicensed Money Transmitting Business	18 months in prison
Hirenkumar Patel	40	Conspiracy to Operate an Unlicensed Money Transmitting Business and Operation of an Unlicensed Money Transmitting Business	21 months in prison
Naineshkumar Patel	51	Conspiracy to Operate an Unlicensed Money Transmitting Business and Operation of an Unlicensed Money Transmitting Business	12 months and one day in prison
Nileshkumar Patel	33	Conspiracy to Operate an Unlicensed Money Transmitting Business and Operation of an Unlicensed Money Transmitting Business	3 years of probation
Shaileshkumar Goyani	36	Conspiracy to Operate an Unlicensed Money Transmitting Business and Operation of an Unlicensed Money Transmitting Business	Time served

[1] A “hawala” is an unregulated method of transferring money—usually internationally—from one person to another without the money being physically transported from one location another. Rather, someone who seeks to have money transferred relies on brokers who use their own capital to disburse money and informal ledgers to track the receipt and disbursal of money.

MIL Security OSI –

June 10, 2025

MIL-OSI Security: Executive at Investor Relations Firm and Two Associates Plead Guilty to Insider Trading Scheme

Source: US FBI

Robert Yedid, Andrew Kaufman, and Mark Jacobs Admit to Illegal Trading in Several Health Care Company Clients of Investor Relations Firm

Jay Clayton, the United States Attorney for the Southern District of New York, and Christopher G. Raia, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced today that ROBERT YEDID, ANDREW KAUFMAN, and MARK JACOBS pled guilty to participating in a five-year insider trading scheme to reap illegal profits from stock and options trading based on inside information about several health care company clients of the investor relations firm where YEDID was employed. Together, YEDID, KAUFMAN and JACOBS made more than $500,000 in illicit gains through this scheme. JACOBS pled guilty today before U.S. Chief District Judge Laura Taylor Swain. YEDID and KAUFMAN pled guilty before Chief Judge Swain on May 29, 2025.

“Robert Yedid betrayed the trust of his employer and its clients by stealing confidential information and passing it to two friends, Andrew Kaufman and Mark Jacobs, to make unlawful, profitable trades based on inside information,” said U.S. Attorney Jay Clayton. “This Office is committed to prosecuting securities fraud and ensuring that insiders and their friends can’t cheat their way to profits. With our law enforcement partners, we will continue to police the financial markets and hold those accountable who misuse nonpublic information for personal gain.”

FBI Assistant Director in Charge Christopher G. Raia said: “Robert Yedid abused his authority as a former investor relations director and provided his friends with material nonpublic information to obtain hundreds of thousands of dollars in illicit profits. By betraying the trust placed in his position, Yedid established an unlawful financial advantage for his insular social circle that was not afforded to all investors. May today’s plea serve as a deterrent to any individual who exploits confidential trading information for personal benefit.”

According to the allegations contained in the Information and statements made in public filings and in public court proceedings:

Between 2019 and 2024, YEDID, KAUFMAN, and JACOBS engaged in a scheme to trade in stocks and options based on material nonpublic information about several publicly traded health care companies, in violation of the duties of trust and confidence that YEDID owed to his employer, an investor relations firm, and to the companies.

YEDID was a director at an investor relations firm that provided public relations services to health care companies, including BioDelivery Sciences International Inc. (“BDSI”), CinCor Pharma (“CinCor”), Inotiv (“Inotiv”), Inspire Medical Systems (“Inspire”), Nano-X Imaging Ltd. (“Nano-X”), and OncoCyte Corp. (“OncoCyte”). In this role, YEDID had access to the content of upcoming press releases, which often contained highly sensitive, non-public, and potentially market-moving news, such as earning reports, regulatory approvals, clinical trial results, and merger and acquisition announcements. YEDID owed a duty of trust and confidence to his employer and its clients and was prohibited from misusing or disclosing the firm’s confidential information for personal gain or to benefit others.

Beginning in 2019, YEDID knowingly and willfully tipped his friends, KAUFMAN and JACOBS, with valuable, nonpublic information of upcoming corporate announcements involving at least six client companies. That confidential information included advanced notice of an upcoming merger for BDSI; clinical trial results for healthcare products being developed by OncoCyte and CinCor; and quarterly earnings announcements for Inspire, Nano-X, and Inotiv.

YEDID understood and intended that the information he provided to KAUFMAN and JACOBS would be used to execute securities trades before the information became public. As expected, KAUFMAN and JACOBS executed trades based on YEDID’s tips. In many cases, KAUFMAN and JACOBS traded aggressively in the securities of the companies, often purchasing shares or options just days before major announcements were made. Together, KAUFMAN and JACOBS traded in stocks and options on at least 17 different occasions based on YEDID’s tips. KAUFMAN generated profits of more than $480,000, and JACOBS generated profits of more than $35,000. In exchange for the tips, KAUFMAN shared half of his illegal profits with YEDID by giving him cash in envelopes during various meetings in New York City.

In November 2024, FBI agents approached YEDID, KAUFMAN, and JACOBS as part of this investigation. Shortly after being contacted by the FBI, KAUFMAN intentionally deleted spreadsheets he maintained that listed the illegal profits he made through trading based on YEDID’s tips. KAUFMAN deleted these records in order to impede and obstruct the FBI’s investigation.

* * *

YEDID, 67, of New York, New York, pled guilty to one count of conspiracy to commit securities fraud, which carries a maximum sentence of five years in prison, and one count of securities fraud, which carries a maximum sentence of 25 years in prison.

KAUFMAN, 68, of New York, New York, pled guilty to one count of conspiracy to commit securities fraud, which carries a maximum sentence of five years in prison; one count of securities fraud, which carries a maximum sentence of 25 years in prison; and one count of obstruction of justice, which carries a maximum sentence of 20 years in prison.

JACOBS, 77, of Malvern, Pennsylvania, pled guilty to one count of conspiracy to commit securities fraud, which carries a maximum sentence of five years in prison.

YEDID is scheduled to be sentenced by Chief Judge Swain on September 12, 2025, at 2:30 p.m; KAUFMAN is scheduled to be sentenced by Chief Judge Swain on September 18, 2025, at 11 a.m; and JACOBS is scheduled to be sentenced by Chief Judge Swain on September 19, 2025, at 11 a.m.

The maximum potential sentences are prescribed by Congress and provided here for informational purposes only, as any sentencing of the defendants will be determined by the judge.

Mr. Clayton praised the outstanding work of the FBI. Mr. Clayton also thanked the U.S. Securities and Exchange Commission for its cooperation and assistance in this investigation.

The case is being handled by the Office’s Securities and Commodities Fraud Task Force. Assistant U.S. Attorney Alexandra Rothman is in charge of the prosecution.

MIL Security OSI –

June 10, 2025
MIL-OSI Security: Nigerian Man Sentenced to More Than Five Years for Hacking, Fraud, and Identity Theft Scheme

Source: US FBI

Jay Clayton, the United States Attorney for the Southern District of New York, and Christopher G. Raia, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced that KINGSLEY UCHELUE UTULU was sentenced today by U.S. District Judge Paul G. Gardephe to 63 months in prison for his role in a broad hacking, fraud, and identity theft scheme targeting U.S.-based businesses and individuals. UTULU previously pled guilty to conspiracy to commit wire fraud.

“Kingsley Uchelue Utulu took part in a scheme to hack into U.S. tax preparation businesses, trade in the stolen personal identifying information, and defraud the IRS and other governmental bodies,” said U.S. Attorney Jay Clayton. “Offshore scammers like Utulu and his co-conspirators may think they can target hard-working Americans with their hacking and fraud schemes and avoid prosecution. The message from the Department and the FBI is clear, they cannot. We are committed to protecting Americans from criminals operating offshore.”

FBI Assistant Director in Charge Christopher G. Raia said: “Kingsley Utulu, a Nigerian national, was part of a scheme that targeted and infiltrated electronic systems of U.S.-based companies to steal more than two million dollars through fraudulent tax returns. Along with his co-conspirators, this defendant’s scheme reached across the globe to exploit sensitive information for financial gain. The FBI will never exempt any individual who seeks to unlawfully profit through deceitful practices, regardless of where they are located.”

According to the Indictment, public court filings, and statements made in court:

Beginning in at least in or about 2019, UTULU and other Nigeria-based conspirators took part in a scheme to hack into U.S-based tax preparation businesses. The conspirators utilized spearphishing emails to obtain access to these business’s electronic systems. Once they had obtained access, the conspirators stole the tax and other identifying information of the business’ customers. The conspirators hacked into several U.S.-based tax businesses, located in New York, Texas, and other states.

The conspirators obtained the stolen identity information of thousands of individuals. They used this information to file fraudulent tax returns with the Internal Revenue Service and state tax authorities. The conspirators sought fraudulent refunds of at least approximately $8.4 million, of which they successfully obtained at least approximately $2.5 million.

In addition to filing fraudulent tax returns, the conspirators used the stolen identities to file fraudulent claims with the Small Business Administration’s Economic Injury Disaster Loan program. The conspirators were able to obtain at least an additional approximately $819,000 in fraudulent payouts.

UTULU was arrested for his involvement in this scheme while being present in the United Kingdom and was thereafter extradited to the U.S. to be prosecuted.

* * *

In addition to the prison term, UTULU, 38, of Nigeria, was ordered to pay restitution in an amount of $3,683,029.39 and forfeiture in the amount of $290,250.

Mr. Clayton praised the outstanding investigative work of the FBI.

The prosecution of this case is being handled by the Office’s Complex Frauds and Cybercrime Unit. Assistant U.S. Attorney Daniel G. Nessim is in charge of the prosecution.

MIL Security OSI –

June 10, 2025
MIL-OSI Russia: IMF Staff Conducts 2025 Article IV Consultation and Reaches Staff-Level Agreement on the Fifth Review of the Extended Credit Facility with Zambia
Source: IMF – News in Russian

June 9, 2025

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.
- The Zambian authorities and the IMF team have reached a staff-level agreement on the economic policies and reforms needed to conclude the Fifth Review under the 38-month Extended Credit Facility (ECF) arrangement.
- Zambia’s economy proved resilient to the drought, and growth is projected at 5.8 percent in 2025. Rising fiscal pressures and external headwinds call for decisive domestic revenue mobilization and steadfast fiscal discipline to preserve fiscal and debt sustainability.
- Sustaining reform momentum will consolidate gains of Zambia’s homegrown reform agenda to achieving higher and more inclusive growth, promoting job creation and building resilience amid a challenging external environment and declining official support.
Washington, DC: An International Monetary Fund (IMF) team led by Ms. Mercedes Vera Martin, IMF Mission Chief for Zambia, visited Lusaka from April 29 to May 13, 2025, to conduct discussions for the 2025 Article IV Consultation and the Fifth Review under the Extended Credit Facility (ECF). Discussions continued virtually subsequently.

At the end of the discussions, Ms. Vera Martin issued the following statement:

“The Zambian authorities and the IMF team reached a staff-level agreement on economic policies and reforms for the Fifth Review under the ECF arrangement. The agreement is subject to approval by IMF management and the Executive Board in the coming weeks. Once approved by the Executive Board, Zambia will gain access to SDR 139.9 million (about US$194 million) in financing.

“The Zambian economy demonstrated resilience in 2024, despite a severe drought and global headwinds. Real GDP growth is estimated at 4 percent in 2024—up from 1.2 percent projected at the time of the Fourth Review—driven by stronger-than-projected mining and non-mining activity, especially in ICT, financial services and construction, as well as a less severe contraction in agriculture than initially envisaged. Fiscal performance in 2024 was tighter than initially planned, with a primary surplus of 2.9 percent of GDP, driven primarily by spending compression amid tight financing conditions. Social protection spending helped cushion the impact of the drought and rising prices on vulnerable households.

“Growth momentum is expected to continue in 2025, with real GDP growth projected at 5.8 percent. Economic activity would be supported by a rebound in agricultural output, increased copper production, and a gradual recovery in electricity generation, although electricity shortages and reliance on energy imports are expected to persist. Driven by higher food prices and kwacha depreciation, inflation averaged 15 percent y/y in 2024 and peaked at 16.8 percent y/y in February. Inflationary pressures have started to show signs of easing since then, partly reflecting hikes in the policy rate, at 14.5 percent since February 2025. The current account deficit narrowed in 2024, while gross international reserves have continued to increase, to $4.7 billion by mid-May 2025 (4.1 months of prospective imports). The medium-term outlook remains favorable, but downside risks to the outlook dominate given increasing global uncertainty. Advancing the external debt restructuring would help lower risk premia and catalyze investment.

“The overall fiscal balance is expected to widen to 5.3 percent of GDP, with the primary balance (cash basis, program target) projected at 1.1 percent in 2025. Higher-than-initially projected debt service and new social spending needs are adding fiscal pressures. To this end, the authorities have committed to revising the 2025 Budget, to include additional revenue measures and reprioritize expenditures to partly accommodate additional spending needs. Going forward, sustained revenue mobilization and stronger expenditure controls will be critical to safeguarding priority spending and supporting fiscal and debt sustainability. Continued efforts to strengthen tax administration and expenditure efficiency, broaden the tax base, and monitoring fiscal risks will help improve fiscal policy implementation.

“While inflation is projected to gradually decline in 2025 as food and fuel prices ease, continued vigilance is needed given elevated uncertainty and persistent inflationary pressures. Preserving a data-driven and forward-looking monetary policy stance will be essential to steer inflation toward the target band and support macroeconomic stability. Enhancing the monetary transmission will help develop interbank money markets. Strengthening the financial legal and regulatory framework in line with international best practices, including for bank resolution, and developing an effective deposit protection scheme, will support financial stability.

“Accelerating reform implementation is needed to lay the foundations for higher and more inclusive growth. Continued efforts to improve the business environment and strengthen governance are critical to boosting investor confidence, reducing the state footprint, particularly in agriculture, and fostering a level-playing field for private sector-led growth. These reforms are key to unlocking investment and creating job opportunities needed for Zambia’s rapidly growing youth population. While the open access regime in the fuel sector is being somewhat implemented, renewed efforts to enhance enforcement and transparency in fuel supply will further promote fair competition.

“The IMF team met with His Excellency President Hakainde Hichilema; Minister of Finance and National Planning, Dr. Situmbeko Musokotwane; Governor of the Bank of Zambia, Dr. Denny Kalyalya; Secretary to the Treasury, Mr. Felix Nkulukusa; Deputy Governor, Dr. Francis Chipimo; senior government officials; and representatives from the private sector, civil society, and development partners. The IMF team extends its sincere gratitude to the Zambian authorities and stakeholders for their warm hospitality and constructive engagement throughout the mission.”

IMF Communications Department

MEDIA RELATIONS

PRESS OFFICER: Wafa Amr

Phone: +1 202 623-7100Email: MEDIA@IMF.org

@IMFSpokesperson

https://www.imf.org/en/News/Articles/2025/06/09/pr-25187-zambia-imf-conducts-2025-art-iv-consult-reaches-agreement-on-5th-rev-of-ecf

MIL OSI
MIL OSI Russia News –
June 10, 2025
MIL-OSI USA: DEMOCRATS DEMAND ACTION ON COST-OF-LIVING CRISIS, WARN THAT TRUMP’S ONE BIG UGLY BILL WILL DRIVE PRICES EVEN HIGHER

Source: United States House of Representatives – Representative Debbie Wasserman Schultz (FL-23)

“Grocery checkout lines and the fear of falling ill are still major sources of financial anxiety for families, yet the Republican response is to give the wealthiest Americans a tax break windfall and pay for it by taking affordable health care and food assistance from millions of people. It’s a cruel, deplorable and fiscally irresponsible response, and we heard that message loud and clear today in Pennsylvania,” said Wasserman Schultz. “Far from lowering costs, Trump’s chaotic economic policies are driving recessionary fears, and Republicans’ ‘Big Ugly Bill’ would steal health care from 16 million Americans and deny food assistance to millions more. The net effect makes life even harder for paycheck-to-paycheck workers.”

Collegeville, PA – Today, the House Democratic Steering and Policy Co-Chairs, Congresswomen Debbie Wasserman Schultz (FL-25), Robin Kelly (IL-02) and Nanette Barragán (CA-44), led a roundtable discussion with local leaders and stakeholders impacted by the Trump Tariffs and Republican threats to cut Medicaid and SNAP. Witnesses warned that the Republican ‘One Big Ugly Bill’ would only exacerbate the cost-of-living crisis for Pennsylvania’s working families.

Congresswoman Madeleine Dean (PA-04) hosted the committee’s field hearing, and took testimony from community leaders who work directly helping people meet their basic needs to hear how the cost-of-living crisis would worsen with the Republican tax scam to slash Medicaid and food assistance while giving huge new tax breaks to billionaires.

“At a time when families need stability, President Trump has thrown our economy into turmoil with reckless tariffs that continue to decimate retirement and college savings accounts,” said Dean. “Meanwhile, Trump and Republicans are pushing their ‘Big Ugly Bill,’ which will kick more than 300,000 Pennsylvanians off their healthcare and rip away food assistance from 140,000 of our neighbors. We should be fighting to lower costs for working families — not spiking prices and financing another tax break for the wealthy.”

“Republicans are not interested in making life more affordable for American families. Trump’s One, Big, Ugly bill will take away food and rental assistance, and life-saving health care from millions of Americans,” said Barragán. “House Republicans have refused to work with Democrats to deliver solutions that support hardworking Americans. Seniors, children, and veterans will bear the burden of higher costs of food, healthcare, and housing while Trump’s billionaire donors get richer.”

“Grocery checkout lines and the fear of falling ill are still major sources of financial anxiety for families, yet the Republican response is to give the wealthiest Americans a tax break windfall and pay for it by taking affordable health care and food assistance from millions of people. It’s a cruel, deplorable and fiscally irresponsible response, and we heard that message loud and clear today in Pennsylvania,” said Wasserman Schultz. “Far from lowering costs, Trump’s chaotic economic policies are driving recessionary fears, and Republicans’ ‘Big Ugly Bill’ would steal health care from 16 million Americans and deny food assistance to millions more. The net effect makes life even harder for paycheck-to-paycheck workers.”

“President Trump promised to lower the cost of living on Day One. He lied,” said Kelly. “Instead, Americans are paying the cost of his shortsighted trade war at the checkout counter while Republicans in Congress attack food assistance and healthcare. This is a recipe for a cost-of-living disaster, yet Republicans’ solution is to give more tax breaks to the well-off and well-connected. I, alongside my Democratic colleagues, will continue to travel across the country to hear directly from the American people and bring their concerns back to Washington with real solutions.”

The Steering and Policy Committee has gone on the road to hear from the American people, convening a town hall in California and a hearing in Virginia exposing the extreme Republican agenda. The Steering and Policy Committee will continue to travel the nation in the months ahead to reach the American people where they live and hear from them directly.

The full video of today’s hearing can be found here.

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MIL OSI USA News –

June 10, 2025
MIL-OSI: Disrupting the Stock Contract Trading Industry, Leading a New Era of Global Investment – Stockrich Launches AI Quantitative System
Source: GlobeNewswire (MIL-OSI)

New York, NY, June 09, 2025 (GLOBE NEWSWIRE) — Against the backdrop of rapid advancements in global financial technology, compliance intelligent financial platform Stockrich is reshaping the logic of stock contract trading through unprecedented technological innovation. With its self-developed AI quantitative system, high-frequency algorithm trading engine, and risk hedging architecture, Stockrich is ushering global investors into a new trading era characterized by “efficiency, transparency, and predictability.”

As a strategic tool traditionally used by professional investment institutions and quantitative hedge funds, stock contract trading has not become a mainstream choice for retail investors due to its high technical barriers, heavy execution costs, and insufficient market depth. Now, Stockrich is breaking down these barriers with cutting-edge technology, allowing individual investors worldwide to compete on the same level as professional institutions.
- · Ultra-Fast Contract Matching Engine: Based on a distributed high-performance computing architecture, it achieves millisecond-level order execution, greatly reducing slippage and latency.
- · AI Smart Strategy Engine: Algorithms analyze global market trends and macro variables in real-time, dynamically optimizing trading paths and entry/exit timings.
- · Cross-Market Liquidity Management System: Intelligently connects multiple markets, including US, Hong Kong, and European stock exchanges, improving order success rates and asset allocation efficiency.
- · Quantitative Hedging Mechanism: Introduces volatility tracking models and market sentiment monitoring tools to automatically hedge systemic risks, ensuring the safety of investor assets.
The founder and CEO of Stockrich stated at the launch: “We are redefining the concept of trading. Trading should not merely be reactive; it should combine prediction and positioning, which is the core value that data and technology can provide to investors.”

Voices from the Investment Community: Global Experts Optimistic About Stockrich’s Transformational Potential

Stockrich’s technological breakthroughs in contract trading have garnered high praise from several world-class investors. These endorsements not only affirm Stockrich’s leading position in technology and modeling but also indicate that its “user-system-market” closed-loop design has gained high recognition within the international capital community.

User Experience: High-Frequency Technology + AI Strategies Empowering Global Retail Investors
Stockrich continuously optimizes the terminal trading experience through extensive data collection and behavioral learning, addressing pain points in traditional contract trading:
- · Faster Execution, Lower Slippage: Traditional investors often face delays in order placement and execution; Stockrich significantly enhances order matching efficiency.
- · Lower Costs, More Stable Returns: The platform uses smart contracts and matching pool mechanisms to greatly reduce trading costs and improve capital utilization.
- · More Accurate Strategies, More Stable Decisions: The AI system can simulate and predict various macro market scenarios, helping users maintain strategic initiative in volatile markets.
Users are no longer passive recipients of market rhythms; instead, they actively engage through Stockrich’s intelligent collaborative system to lock in optimal return ranges.
- Market Outlook: Building the Next Generation of Intelligent Contract Financial Ecosystem
  By 2025, Stockrich plans to fully implement its system upgrade in the contract trading market, aiming to achieve the following strategic goals within the next 12 months:
  - · Seamlessly integrate the “Sigma AI System” with stock contract modules to implement personalized strategy trading models.
  - · Launch stock contract services simultaneously in the Asian and European markets, building a global matching and liquidity pool.
  - · Localize trading strategy compliance modules for 20 major global financial markets.
Establish strategic partnerships with third-party funds, brokerages, and asset management platforms to promote the embedded output of Stockrich’s trading system.

The founder of Stockrich remarked: “We are not chasing a market trend; we are building the underlying structure of global intelligent finance. In the future, contract trading will no longer be a game for a few institutions but a new market paradigm shared by individuals and institutions worldwide.”

Stockrich is leading a transformation in trading rules, moving from “being able to trade” to “being able to win at trading,” creating an intelligent investment infrastructure for the 21st century.

Website: https://stockrich.com/

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

The MIL Network –
June 10, 2025
MIL-OSI: DRML Miner Launches Limited-Time $10 Bonus for New Users

Source: GlobeNewswire (MIL-OSI)

New York, NY,, June 09, 2025 (GLOBE NEWSWIRE) — DRML Miner, a next-gen AI-powered cloud mining service, is now giving new users an exclusive $10 sign-up bonus. This offer is part of DRML Miner’s initiative to make crypto mining more accessible, cost-efficient, and beginner-friendly for anyone looking to earn Bitcoin without the hassle of traditional mining setups.

Why Cloud Mining with Renewable Energy Stands Out

Cloud mining has become a go-to method for crypto enthusiasts due to its convenience and simplicity. Unlike conventional mining, which requires pricey hardware, electricity, and technical skills, cloud mining lets users rent mining power from remote data centers. No maintenance. No noise. Just profits. DRML Miner leverages sustainable, renewable energy sources to keep operations efficient and environmentally responsible.

DRML Miner: Easy Earnings, No Sweat

Designed with simplicity in mind, DRML Miner makes it incredibly easy for users of all levels to get started. It offers a plug-and-play mining experience—perfect for those who want to earn without diving into the technical side of crypto. With over 100 mining sites and more than half a million mining machines powered by green energy, DRML Miner has already attracted a global user base of 7 million+ with its reliable returns and solid platform security.

What You Get with DRML Miner:

– $10 instant sign-up bonus for new users (click here to register in one click)
– High earnings potential with daily profit distributions.
– Zero hidden fees — no service or maintenance costs.
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The MIL Network –

June 10, 2025
MIL-OSI Global: Why wind farm developers are pulling out at the last minute

Source: The Conversation – UK – By Thomas York, Postgraduate Researcher in Human Geography, University of Leicester

ShutterDesigner/Shutterstock

The UK government’s strategy for tackling climate change received a major blow in May when Danish developer Ørsted announced that adverse economic developments had halted its 2.4 gigawatt (GW) Hornsea 4 wind farm in the North Sea.

The government aims to generate at least 43GW of offshore wind power (current capacity is 14.7GW) and 95% of all energy from renewable sources by 2030.

These targets are now in jeopardy. The cancellation of Hornsea 4 follows a similar decision by Swedish developer Vattenfall, which stopped work on its 1.4GW Norfolk Boreas wind farm in 2023.

What is forcing renewable energy developers to pull out when they are due to make their final investment decision?

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The offshore wind industry is exposed to fluctuations in the prices of raw materials necessary to meet rising global demand for renewable energy. This vital part of the energy transition, alongside the phaseout of fossil fuels, has been impeded by inflation caused by the pandemic and the war in Ukraine.

Building a wind turbine requires significant amounts of steel, copper and aluminium, all of which doubled or tripled in price between 2020 and 2023. Turbine manufacturers have raised prices in an effort to recover recent losses. This affects the profitability forecasts of wind energy developers like Ørsted and the viability of each of their projects.

Impending national and international net zero targets also mean that developers globally are having to make earlier investments in transmission infrastructure. An exponential increase in demand for scarce high-voltage cabling has already led to high-profile cancellations of offshore wind farms in the US.

Electricity network operators are scrambling to update power grids.
Esbobeldijk/Shutterstock

Rising demand for rare earth metals used to make magnets in turbine generators has also been snared by geopolitical issues. The mining, processing and refining of these metals is dominated by China, which manufactures over 90% of these magnets.

A shortage of boats

Developers need boats to build offshore wind farms. Here lies another strain on the timescales of developers.

Ørsted ceased work on its 2.2GW Ocean Wind development zone off the coast of New Jersey in 2023, citing a vessel delay in its decision to cancel the project.

According to the advocacy group WindEurope, demand for vessels capable of installing foundations and turbines and laying cables will outstrip availability within the next five years. The gap between the two is forecast to skyrocket between 2028 and 2030. This will make it harder to commission the wind farms that the UK government is relying on to reach its 43GW target by the end of the decade.

Delays caused by these issues can result in a problem known as “contract erosion”. In their contracts, developers have a commissioning window within which turbines have to start generating. If they are not operational within this time, they lose their subsidies on a day-by-day basis.

Rising costs mean that even one of the world’s biggest wind farms, Dogger Bank in the North Sea, will not be profitable for its developer, Equinor. As a prospect for generating financial returns, renewable energy still cannot compete with oil and gas.

This is the key argument of economic geographer Brett Christophers in his recent book The Price is Wrong. Christophers argues that, if national governments continue to rely so heavily on private sector investment to build renewable energy, decarbonisation is unlikely to proceed as fast as it needs to. It is simply not profitable enough.

Misguided planning reform

How might the UK defy difficult global conditions and meet its 43GW target by 2030? So far, the government’s main proposal has been to relax timelines for the planning process of wind farms.

Earlier in 2025 it opened a consultation on reforms to the contracts for difference process, which is how developers bid for long-term energy generation contracts, prior to an auction round in summer 2025.

The main proposed change was to allow developers of fixed-bottom offshore wind projects to bid in the auction before receiving a development consent order, or a DCO. A DCO defines the approved scope of a development, taking into account environmental surveys, land rights and developer proposals.

It can take more than two years for a DCO to be awarded. The government hopes that fast-tracking fixed-bottom developments will result in more contracts being awarded in the latest auction, but will this work?

The government is aware of the risks. Planning permission could be refused after a contract has been awarded, and projects without consent face even greater uncertainty over costs than developments that already have a DCO.

The government might be able to get more projects into the pipeline, but the supply chain is already stretched to its limits. Through the state-owned investment body GB Energy, the government has pledged £300 million to bolster the domestic supply chain for components required for offshore wind, like platforms and cabling.

However, this investment largely focuses on new technologies for floating offshore wind, leaving fixed-bottom projects like Hornsea 4 at the mercy of vessel delays and raw material price rises. If something does not change to mitigate costs and increase returns for developers, the government’s 2030 target is in doubt.

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

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Thomas York receives funding from the University of Leicester’s Future 50 doctoral training pathway.

– ref. Why wind farm developers are pulling out at the last minute – https://theconversation.com/why-wind-farm-developers-are-pulling-out-at-the-last-minute-256842

MIL OSI – Global Reports –

June 10, 2025
MIL-OSI Global: Edmund White was my friend – I know first-hand why his writing meant so much to queer readers

Source: The Conversation – UK – By Hugh Stevens, Senior Lecturer Department of English Language & Literature, UCL

When I was 19 years old, I visited New York for ten days on the way to London. I was flying from New Zealand, that small island nation in the South Pacific where all sexual acts between men were still illegal. My body was naive and innocent, but my mind had somehow (partly through conversations with older, less naive students at Auckland University) absorbed essential knowledge about gay life happening elsewhere.

Gay life happened in London, in Paris, in San Francisco. But more than anywhere else, it happened in New York. I was terrified. What would happen to me, in those sinful cities of the plain? With any luck I would be corrupted, and thoroughly de-moralised.

It was November 1982, and Manhattan was freezing, especially after sub-tropical Auckland. On my first day, I walked ten or so blocks south from my hostel in Chelsea to Greenwich Village. My knees trembled, but still they carried me towards my goal. The theme tune from Sesame Street went through my mind: “Come and play, everything’s A-OK, friendly neighbours there, that’s where we meet, can you tell me how to get, how to get to Christopher Street?”

It wasn’t difficult – you just walked south on Seventh Avenue. Where Seventh met Christopher, if you turned right, you passed an improbable number of gay bars and seedy bookstores until you reached the infamous, nefarious Christopher Street pier. I turned left. I walked past the Stonewall Inn, and soon I came to a not-so-seedy bookstore, the Oscar Wilde Memorial Bookshop, where Christopher Street met Gay Street. Intrigued by the name – how could I not be? – I went inside.

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I was the only customer in the shop. Behind the counter, piled with books, were a woman, and a man. They started talking to me. The man, Edmund White, told me that he was a writer, and the books were copies of his new novel, A Boy’s Own Story (1982). A real novelist! I looked at the book, at the beautiful boy in a lilac vest on its cover – a new hardback. It was too expensive for me.

Sensing that my hesitation was financial, the woman told me that another book by the author, States of Desire: Travels in Gay America (1980), was much cheaper. By the time I left the shop I had a copy of States of Desire, and two invitations. One to join Ed for tea at the New York Institute for the Humanities, and another to hear him read from a novel-in-progress.

He was billed alongside the painter Joe Brainard, who was reading from his own wonderful book, I Remember (1975). “I remember how much, in high school, I wanted to be handsome and popular. I remember when, in high school, if you wore green and yellow on Thursday it meant that you were queer.”

I remember that Edmund’s voice, reading from his book Caracole (1985), was fluent and mellifluous. But I found his prose much more difficult to follow than Brainard’s poetry. After the reading there was a party, with biscuits, rounds of Brie and grapes. Among these confident Americans I was shy, and I thought the Brie was impossibly sophisticated – I had grown up with New Zealand Tasty Cheddar.

Enchanted worlds

I met Ed at the New York Institute for the Humanities on a cold, grey afternoon, and walked with him to his apartment on Lafayette Street. We chatted as we drank tea. “What authors do you like?” he asked me. “What music do you listen to?” He gave me a copy of A Boy’s Own Story, which he signed: “For Hugh, at the beginning of a friendship.”

This was indeed the beginning of a friendship, although I haven’t seen Ed since 1998. I introduced him when he read from yet another novel, The Farewell Symphony (1997), at the University of York. Ed was extrovert and gregarious, whereas I am introverted, often painfully shy – and not good at keeping in touch.

But over the years I have read and reread Ed’s work. His autobiographical novels, his memoirs, his short stories, his travel writing, his criticism, his biography of the French writer Jean Genet, his utilitarian guide to criminal pleasures, The Joy of Gay Sex (1977).

Why does his writing mean so much to me – and to many other queer readers? Ed may have been confident, gregarious, never afraid to speak or to write about his own queer life, and the queer lives of others. But his writing also charted the anxieties, the anguish, the remorse, the self-loathing that were probably a part of every “gay” life in America in the 50s and 60s. And many gay lives in New Zealand in the 80s, for that matter.

In A Boy’s Own Story the narrator remembers the enchantment of a marionette troupe performing Sleeping Beauty at his third birthday party. The performance transported him to a world in which “evil was defeated and love crowned”, in which “things devolved with the logic of art, not life”. Ed himself was such an enchanter: his art may have imitated life, but it also created magical worlds for his readers, enabling them to defeat evil and to find love.

Our lives can imitate art. His art gives us the thrill of articulating what may not be articulated, of speaking the names that dare not be spoken, as when, on the last page of A Boy’s Own Story, the “boy” (now a remembering man) tells us how “scandalised” he was when Mr Beattie, the teacher he is seducing, “asked me to lick the bright red head, to roll my tongue around the head of his penis”. How scandalised and thrilled I was reading those words.

Now Edmund is gone – he passed away on June 3 age 85 – but his enchanted worlds remain. They are there for us to read, and to reread, to inspire us to remember, remember, remember.

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

– ref. Edmund White was my friend – I know first-hand why his writing meant so much to queer readers – https://theconversation.com/edmund-white-was-my-friend-i-know-first-hand-why-his-writing-meant-so-much-to-queer-readers-258504

MIL OSI – Global Reports –

June 10, 2025
MIL-OSI Global: Shoemaker Clarks is turning 200. Its Quaker roots made it a pioneer of ethical business

Source: The Conversation – UK – By Nicholas Burton, Professor, Department of Leadership and Human Resource Management, Northumbria University, Newcastle

DELBO ANDREA/Shutterstock

For many, the Clarks brand is a byword for sturdy school shoes and functional footwear for those of more mature years. The manufacturing and retailing company was set up two centuries ago in Somerset, England, in the shadows of Glastonbury Tor, by brothers Cyrus and James Clark. In 2025, it is celebrating its 200th anniversary and remains a formidable force both on the high street and online.

Less well known is that the Clark brothers, like chocolatier families Cadbury and Rowntree, were Quakers. This small religious community has produced a remarkable and disproportionate number of scientists, thinkers and campaigners for justice, peace and human rights. In addition, its contribution of ethical businesses has dominated many industries in the UK.

The Lloyds and Barclays of the banking dynasties were Quakers. The Jacobs (of biscuits and crackers fame) were Quakers. So were the Rathbones (fund management), the Penroses (founders of Waterford Crystal) and the Waterhouse family (accountancy), to name just a few.

The Quakers – more formally known as the Religious Society of Friends (Quakers) – have a history of nearly 400 years in Britain and the US. While Quakerism has Christian foundations, Quakers also emphasise moral commitments to peace, truth, integrity, simplicity and equality – the five testimonies in Quaker theology. These came to define how Quakers approach the world, and their businesses.

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As early Quakers were deemed radical and challenged the established church, they became persecuted by the state during the 17th century. They were excluded from political and public life, as well as from universities. Perhaps as a direct consequence, Quakers became highly active entrepreneurs and came to dominate many industries through a combination of their testimonies and outward entrepreneurial action.

This led to the reputation that Quaker firms had for trustworthiness and integrity. Their impact was perhaps so acute as to represent a distinctive form of ethical entrepreneurship.

While not all Quakers were engaged in commerce, and not all those who were succeeded, a disproportionate number did. Such commercial success is all the more intriguing, as the Quakers were a very small (and, from the mid-18th century, declining) minority of the UK population (about 20,000 in total today).

Zero-waste beginnings

Quaker values and the entrepreneurial spirit are woven through the history of Clarks. For example, the original business idea by James in 1825 to produce sheepskin slippers was born of a desire to eliminate waste, with slippers produced from off-cuts of sheepskin rugs.

Like many Quaker businesses, Clarks has always supported social and environmental causes. Family members took a central role in the anti-abolitionist movement and in women’s suffrage.

It also invested a proportion of its profits in local community amenities, such as building homes, constructing classrooms, funding a theatre, a library, an open-air swimming pool, a town hall and playing fields near the company’s base in Street, Somerset.

Today, Clarks continues to play an active community role. It champions corporate responsibility and high sustainability criteria in its business operations and supply chains. This focus draws interesting parallels with the modern social enterprise sector, and ethical, purpose-driven business accreditation schemes such as B Corporation status, which assesses profit-making firms on their environmental, social and governance credentials.

The moral commitments of the members of the Clarks family in these formative years of the firm have left their mark and shaped its later development. The 200-year history of the firm represents a close affinity between the values of the company and the values of Quakers.

A classic – the Clarks Wallabee shoe.
Rushay/Shutterstock

However, all firms from time to time face challenges to the way they do business. The balance between economics and ethics can be a fine line to tread. It’s no different for Clarks. Struggling to survive the impact of the COVID pandemic in 2020, and with losses mounting, the Clark family sold its stake to a private equity firm.

Within 12 months, Clarks workers accused the new owners of betraying the company’s philanthropic roots by threatening them with dismissal if they did not accept significant pay cuts. Clarks said at the time that renegotiating workers’ terms would be a “very last resort” and that almost half of the workers in the distribution centre in question would receive a pay rise.

The dispute involved strike action and mediation, eventually leading to a resolution. Afterwards, Clarks said in a joint statement with the Community union that the resolution had protected workers’ livelihoods and recognised their loyalty to the firm.

This demonstrated how firms can face repeated cycles of crises, including competitive, financial and economic shocks that bring debates about ethics into focus. These crisis events are typically more acute when a founder, CEO or family departs, and especially when those involved with the company honour its tradition and legacy. Rathbones, the fund management company with Quaker origins, was faced with similar challenges when the family was no longer actively involved.

Yet despite the economic and financial pressures that Clarks faced in this exceptional period, the firm is also attempting to protect the core of its moral backbone. It echoes an affinity – albeit a more distant one – with the Quakerism of the founding family.

This stance can potentially be fragile, however. Businesses must remain viable as businesses – and only last year Clarks was facing up to a difficult trading environment by cutting 150 office staff. Indeed, the previous conversation within the firm and the community about betrayal clearly expresses a strong moral view, shaped by the links to Quaker values. It is also a conversation about the future strength of those ties, and one that places values at the heart of its future.

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

– ref. Shoemaker Clarks is turning 200. Its Quaker roots made it a pioneer of ethical business – https://theconversation.com/shoemaker-clarks-is-turning-200-its-quaker-roots-made-it-a-pioneer-of-ethical-business-258323

MIL OSI – Global Reports –

June 10, 2025
MIL-OSI USA: Hickenlooper, Blackburn Cheer Senate Passage of Bipartisan American Music Tourism Act
US Senate News:
Source: United States Senator John Hickenlooper – Colorado

WASHINGTON – U.S. Senators John Hickenlooper and Marsha Blackburn cheered the Senate passage of their bipartisan American Music Tourism Act, which would support and increase music tourism for both domestic and international visitors. The bill now awaits passage from the House of Representatives before being signed into law by the President.

“Colorado’s vibrant music scene attracts artists and fans from around the world,” said Hickenlooper. “Our bipartisan bill will help our local music venues thrive and expand.”

“The Volunteer State is home to so many iconic musical landmarks for tourists to experience – from Graceland in Memphis to the Grand Ole Opry in Nashville to Dollywood in Pigeon Forge,” said Blackburn. “Music tourism has such a positive impact on Tennessee’s economy, and we need to ensure that fans from all over the world can continue to celebrate our state’s rich history of music for generations to come. The Senate’s passage of the American Music Tourism Act gets us closer to that by promoting and supporting the fast-growing music tourism industry.”

Music tourism is projected to bring in over $11.3 billion in revenue nationwide by 2032. The United States boasts one of the world’s largest music industries that generates over $43 billion in revenue each year and benefits from international interest in music tourism.

Specifically, the bipartisan legislation would:
- Require the Commerce Department’s Assistant Secretary for Travel and Tourism to implement a plan to support and increase music tourism for both domestic and international visitors.
- Require a report to Congress on the findings and achievements of the Assistant Secretary’s efforts to promote travel and tourism.
This legislation is supported by the Colorado Creative Industries Division of the Colorado Office of Economic Development and International Trade, Denver Arts & Venues, the Recording Academy, the Recording Industry Association of America, Live Nation Entertainment, the National Independent Venues Association, the Nashville Songwriters Association International, Colorado Music Hall of Fame, Colorado Chamber Players, Youth on Record, Underground Music Showcase, Jazz Aspen Snowmass, Swallow Hill Music, and eTown Music.

Full text available HERE.
MIL OSI USA News –
June 10, 2025
MIL-OSI Russia: Belt and Road Initiative Provides Opportunities to Boost Global Economic Growth, Promote Shared Prosperity – Chinese Ambassador to Russia

Translation. Region: Russian Federal

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

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

Moscow, June 9 (Xinhua) — The Belt and Road Initiative offers opportunities to boost global economic growth and promote common prosperity, Chinese Ambassador to Russia Zhang Hanhui said in an article titled “High-Quality Joint Construction of the Belt and Road Brings More Development Opportunities to the World,” published recently in the Russian newspaper Trud.

“The joint construction of the Belt and Road is an important initiative put forward by General Secretary of the CPC Central Committee Xi Jinping, who views the construction of a community with a shared future for mankind from a strategic height. It provides important opportunities for driving global economic growth and promoting global common prosperity,” the publication said.

As the Chinese diplomat noted, for 12 years, the Belt and Road Initiative has consistently adhered to the “principles of joint discussion, joint construction and joint use, constantly expanding the scope and areas of cooperation, and raising its level.” He emphasized that within the framework of the initiative, a global partnership network has been created, including more than 150 countries, thousands of projects are being implemented – both large infrastructure projects and small ones that are effective in terms of improving the well-being of the people. “This truly promotes ‘hard connectivity’ in the field of infrastructure, ‘soft connectivity’ in the field of rules and standards, as well as ‘cordial connectivity’ in people-to-people exchanges between countries,” the article states.

Zhang Hanhui cited data showing that in the first quarter of 2025, the share of countries participating in the Belt and Road Initiative in China’s foreign trade turnover reached 51.1 percent. In April, construction of key facilities of the China-Kyrgyzstan-Uzbekistan railway began, and in May, Colombia officially joined the large family of high-quality joint construction of the Belt and Road, which, according to the ambassador, once again demonstrated “the attractiveness, influence and inspiring power of this initiative.”

The article emphasizes that the world is currently entering a new turbulent and volatile period, accompanied by a revival of anti-globalist sentiments and protectionism. “The United States openly violates the rules of the World Trade Organization, goes against the basic laws of economics and market principles, acts contrary to common sense, shifts internal problems to external partners and seeks to benefit at the expense of the entire world. They brazenly unleash tariff and trade wars, which seriously damage the multilateral trading system and the existing economic order, harming the interests of the international community, especially the countries of the Global South,” the publication says.

At the same time, as the Chinese Ambassador to the Russian Federation noted, China, raising high the “banner” of mutual benefit and common gain, joint development and opposition to hegemony, relying on a solid foundation, high stability and powerful development potential of a super-large economy, unites like-minded people advocating for justice and equality in international trade, and firmly responds to the “mirror duties” of the United States.

“The high-quality joint construction of the Belt and Road has always adhered to the principle of openness in cooperation and mutual benefit through cooperation. China has been steadily expanding openness, removing barriers, increasing market access, promoting the construction of Silk Road e-commerce pilot cooperation zones, and concluding free trade and investment protection agreements with more and more countries,” Zhang Hanhui explained, stressing that the initiative has become a key force in safeguarding multilateralism and free trade.

Speaking about the development of the digital economy and artificial intelligence, which are increasingly becoming an important engine of global economic growth every day, the ambassador noted that China insists on stimulating industrial innovation through scientific and technological innovations and accelerating the formation of productive forces of new quality. In an effort to eliminate the digital divide, China will promote the formation of an open, fair, impartial and non-discriminatory global environment for innovative development, so that together with the countries of the Global South, we can board the “high-speed train” of the digital economy and green development, the author of the article assured.

As Zhang Hanhui pointed out, China welcomes Russia’s continued participation as a supporter and important cooperation partner in the Belt and Road Initiative. “We highly appreciate Russian President Vladimir Putin’s three-time participation in the Belt and Road Forum for International Cooperation and his repeated important statements in support of the initiative,” he added.

In May of this year, during the visit of Chinese President Xi Jinping to Russia, a number of new important agreements were reached on the development of Chinese-Russian relations. In a joint statement, the parties reaffirmed their commitment to linking the Belt and Road Initiative with the Eurasian Economic Union, as well as promoting the coordinated development of the Belt and Road Initiative and the Greater Eurasian Partnership.

“The Chinese side will take advantage of the implementation of the agreements reached by the heads of state to deepen China-Russia cooperation and coordination, and continuously expand the space for mutually beneficial development at a higher level and with greater sustainability and vitality, which will open up new opportunities for global prosperity and make new contributions to advancing the building of a community with a shared future for mankind,” Zhang Hanhui assured, adding that the joint construction of the Belt and Road stands on the right side of history, is in line with the logic of the era’s progress, and follows the true path of human development. –0–

MIL OSI Russia News –

June 10, 2025
MIL-OSI USA: Remarks at the Crypto Task Force Roundtable on Decentralized Finance

Source: Securities and Exchange Commission

Thank you and good afternoon.[1] It is a great pleasure to be with you today. Let me begin by thanking Commissioner Peirce and the Crypto Task Force for their organizing today’s event, and Commissioner Crenshaw and Commissioner Uyeda for their participation. Of course, I very much thank the roundtable panelists and our moderator, Troy Parades, for their voluntary contribution of time and talent to our endeavor.

Today’s roundtable is titled “DeFi and the American Spirit.” This is an apt title because the American values of economic liberty, private property rights, and innovation are in the DNA of the DeFi, or Decentralized Finance, movement.

Blockchains, of course, are a very creative and potentially revolutionary innovation that have us rethinking evidence of ownership and transfer of intellectual and economic property rights. They are shared databases that enable ownership of a type of digital property called crypto assets without reliance on an intermediary or central party. Instead, these peer-to-peer networks incorporate an economic mechanism to encourage participants to validate and maintain the database in accordance with the network’s rules. These are free market systems where users pay demand-based fees to network participants to have their transactions included within a so-called “block” of data with finite storage capacity.

The prior U.S. government administration discouraged Americans from participating in these market-based systems by asserting through lawsuits, speeches, regulation, and threatened regulatory action that participants and staking-as-a-service providers may be engaged in securities transactions. I am grateful to the Division of Corporation Finance staff for clarifying its view that voluntary participation in a proof-of-work or proof-of-stake network as a “miner,” “validator,” or “staking-as-a-service” provider is not within the scope of the federal securities laws.[2] As happy as I am over that step, it is not a duly promulgated rule with the force of law, so we cannot stop there. The Securities and Exchange Commission must adopt a regulation based on the authority that Congress has given us.

Another core feature of blockchain technology is the ability for individuals to have self-custody of crypto assets in a personal digital wallet. The right to have self-custody of one’s private property is a foundational American value that should not disappear when one logs onto the internet. I am in favor of affording greater flexibility to market participants to self-custody crypto assets, especially where intermediation imposes unnecessary transaction costs or restricts the ability to engage in staking and other on-chain activities.

The prior President’s administration undermined innovation in self-custodial digital wallets and other on-chain technologies by asserting through regulatory actions that the developers of such software may be conducting brokerage activity. Engineers should not be subject to the federal securities laws solely for publishing this type of software code. As one court put it, it would be irrational to hold the developer of a self-driving car liable – here, quoting from the court’s decision – “for a third-party’s use of the car to commit a traffic violation or to rob a bank. In those circumstances, one would not sue the car company for facilitating the wrongdoing; they would sue the individual who committed the wrong.”[3]

Many entrepreneurs are developing software applications that are designed to function without administration by any operator. The idea of self-executing software code that is accessible to everyone, but controlled by no one, and that enables private, peer-to-peer transactions may sound like science fiction. But, blockchain technology makes possible an entirely new class of software that can perform these functions without an intermediary. I do not believe that we should allow century-old regulatory frameworks to stifle innovation with technologies that could upend and most importantly improve and advance our current, traditional intermediated model. We should not automatically fear the future.

These on-chain self-executing software systems have proven to be resilient in the face of crises. While centralized platforms waivered and failed under recent stresses, many on-chain systems continued to operate as designed pursuant to open-source code.[4]

Most current securities rules and regulations are premised upon the regulation of issuers and intermediaries, such as broker-dealers, advisers, exchanges, and clearing agencies. The drafters of these rules and regulations likely did not contemplate that self-executing software code might displace such issuers and intermediaries. I have asked the Commission staff to explore whether further guidance or rulemaking may be helpful for enabling registrants to transact with these software systems in compliance with applicable law.

I also am excited about the use of on-chain software systems by issuers and intermediaries to eliminate economic frictions, increase capital efficiency, enable new types of financial products, and enhance liquidity. Current securities regulations already contemplate the use of new technologies by issuers and intermediaries, but I have asked the staff to consider whether amendments to the Commission’s rules and regulations would be better suited to provide needed accommodation for issuers and intermediaries who seek to administer on-chain financial systems.

While the Commission and its staff work to propose fit-for-purpose rules of the road for on-chain financial markets, I have directed the staff to consider a conditional exemptive relief framework or “innovation exemption” that would expeditiously allow registrants and non-registrants to bring on-chain products and services to market. An innovation exemption could help fulfill President Trump’s vision to make America the “crypto capital of the planet”[5] by encouraging developers, entrepreneurs, and other firms that are willing to comply with to certain conditions to innovate with on-chain technologies in the United States.

Thank you for your attention. I look forward to the discussions to follow.

[1] These remarks reflect my individual views as Chairman of the Commission and do not necessarily reflect the views of the full Commission or my fellow Commissioners.

[3] Risley v. Universal Navigation Inc., 690 F. Supp. 3d 195, 217 (S.D.N.Y. 2023), aff’d in part, vacated in part, remanded, No. 23-1340-CV, 2025 WL 615185 (2d Cir. Feb. 26, 2025) (internal citations omitted).

MIL OSI USA News –

June 10, 2025

MIL-OSI USA: SBA Offers Disaster Assistance to Oklahoma Small Businesses, Private Nonprofits and Residents Affected by May Storms

Source: United States Small Business Administration

SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to Oklahoma small businesses, private nonprofits and residents to offset physical and economic losses from severe storms, tornadoes, straight-line winds and flooding occurring May 19. The SBA issued a disaster declaration in response to a request received from Gov. Kevin Stitt on June 4.

The declaration covers the Oklahoma counties of Atoka, Coal, Haskell, Hughes, Latimer, McIntosh, Pittsburg and Pushmataha.

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.

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.

EIDLs are for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. They 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 businesses, 3.62% for nonprofits, and 2.81% 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.

“When disasters strike, SBA’s Disaster Loan Outreach Centers play a vital role in helping small businesses and their communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “At these centers, SBA specialists assist business owners and residents with disaster loan applications and provide information on the full range of recovery programs available.”

Beginning Tuesday, June 10, SBA customer service representatives will be on hand at the following Disaster Loan Outreach Center (DLOC) to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application. Walk-ins are accepted, but you can schedule an in-person appointment in advance at appointment.sba.gov.

The DLOC hours of operations are listed below.

PITTSBURG COUNTY

Disaster Loan Outreach Center

Pittsburg Public School

Old Gymnasium

200 West Grand St.

Pittsburg, OK 74560

Opens at 12 p.m., Tuesday, June 10

Mondays – Fridays, 9 a.m. – 6 p.m.

Closes at 6 p.m., Wednesday, July 2

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

The deadline to return physical damage applications is Aug. 5, 2025. The deadline to return economic injury applications is March 6, 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 –

June 10, 2025

MIL-OSI USA: SBA Offers Relief to Kansas Private Nonprofits Affected by Adverse Weather

Source: United States Small Business Administration

SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to private nonprofit (PNP) organizations in Kansas affected by the severe winter storm, straight-line winds, flooding and wildfires occurring March 14-19.

The disaster declaration covers the Kansas counties of Barton, Chautauqua, Edwards, Elk, Ellis, Gove, Graham, Gray, Greeley, Hodgeman, Jewell, Lincoln, Logan, Ness, Norton, Osborne, Pawnee, Phillips, Rice, Rooks, Rush, Russell, Sheridan, Sherman, Smith, Stafford, Wallace and Woodson.

Under this declaration, PNPs providing non-critical services of a governmental nature impacted by physical damages or financial losses directly related to the disaster are eligible to apply for both business physical damage loans and Economic Injury Disaster Loans (EIDLs) from the SBA. Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools, and colleges.

PNPs may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Applicants may also be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes.

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

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

Interest rates are as low 3.62% for PNPs 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 will set loan amounts and terms based on each applicant’s financial condition.

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

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 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 –

June 10, 2025
MIL-OSI USA: SBA Offers Relief to Nebraska Private Nonprofits Affected by March Storms

Source: United States Small Business Administration

SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to private nonprofit (PNP) organizations in Nebraska affected by the severe winter storm and straight-line winds occurring March 18-19.

The disaster declaration covers the Nebraska counties of Boone, Burt, Butler, Cass, Clay, Colfax, Cuming, Dodge, Douglas, Fillmore, Hamilton, Jefferson, Johnson, Lancaster, Nuckolls, Otoe, Platte, Polk, Saline, Sarpy, Saunders, Seward, Thayer, Thurston, Washington, Webster and York.

Under this declaration, PNPs providing non-critical services of a governmental nature impacted by physical damages or financial losses directly related to the disaster are eligible to apply for both business physical damage loans and Economic Injury Disaster Loans (EIDLs) from the SBA. Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools, and colleges.

PNPs may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Applicants may also be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes.

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

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

Interest rates are as low 3.62% for PNPs 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 will set loan amounts and terms based on each applicant’s financial condition.

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

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 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 –

June 10, 2025
MIL-OSI USA: SBA Offers Relief to Iowa Private Nonprofits Affected by March Storms

Source: United States Small Business Administration

SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to private nonprofit (PNP) organizations in Iowa affected by the severe winter storm occurring March 19.

The disaster declaration covers the Iowa counties of Crawford, Harrison, Monona and Woodbury.

Under this declaration, PNPs providing non-critical services of a governmental nature impacted by physical damages or financial losses directly related to the disaster are eligible to apply for both business physical damage loans and Economic Injury Disaster Loans (EIDLs) from the SBA. Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools, and colleges.

PNPs may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Applicants may also be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes.

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

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

Interest rates are as low 3.62% for PNPs 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 will set loan amounts and terms based on each applicant’s financial condition.

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

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 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 –

June 10, 2025
MIL-OSI: $HAREHOLDER ALERT: The M&A Class Action Firm Encourages Shareholders of OPOF, PRA, SWTX and HURA to Take Action
Source: GlobeNewswire (MIL-OSI)

NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) — Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:
- Old Point Financial Corporation (NASDAQ: OPOF), relating to the proposed merger with TowneBank. Under the terms of the agreement, shareholders of Old Point will elect to receive $41.00 in cash or 1.1400 shares of TowneBank common stock for each share of Old Point outstanding common stock.
ACT NOW. The Shareholder Vote is scheduled for July 2, 2025.

Click here for more https://monteverdelaw.com/case/old-point-financial-corporation-opof/. It is free and there is no cost or obligation to you.
- ProAssurance Corporation (NYSE: PRA), relating to the proposed merger with The Doctors Company. Under the terms of the agreement, ProAssurance stockholders will receive $25.00 per share in cash.
Click here for more https://monteverdelaw.com/case/proassurance-corporation-pra/. It is free and there is no cost or obligation to you.

ACT NOW. The Shareholder Vote is scheduled for June 24, 2025.
- SpringWorks Therapeutics, Inc. (NASDAQ: SWTX), relating to the proposed merger with Merck KGaA, Darmstadt, Germany. Under the terms of the agreement, SpringWorks shareholders will have the right to receive $47.00 in cash per share of SpringWorks stock held.
Click here for more https://monteverdelaw.com/case/springworks-therapeutics-inc-swtx/. It is free and there is no cost or obligation to you.

ACT NOW. The Shareholder Vote is scheduled for June 26, 2025.
- TuHURA Biosciences, Inc. (NASDAQ: HURA), relating to the proposed merger with Kineta, Inc. Under the terms of the agreement, TuHURA would acquire the rights to Kineta’s novel KVA12123 antibody for a combination of cash and shares of TuHURA common stock.
Click here for more https://monteverdelaw.com/case/tuhura-biosciences-inc-hura/. It is free and there is no cost or obligation to you.

ACT NOW. The Shareholder Vote is scheduled for June 23, 2025.

NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:
1. Do you file class actions and go to Court?
2. When was the last time you recovered money for shareholders?
3. What cases did you recover money in and how much?
About Monteverde & Associates PC

Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.

No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341

Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

The MIL Network –
June 10, 2025

MIL-OSI: Fast Payout Online Casinos: Your Guide to Quick and Secure Withdrawals By All iGaming!

Source: GlobeNewswire (MIL-OSI)

Houston, TX, June 09, 2025 (GLOBE NEWSWIRE) — Fast payout online casinos are changing the game by providing players with rapid access to their winnings, often within hours or even instantly. With the growing demand for speed and reliability, these casinos prioritize quick cashouts, allowing you to enjoy your earnings without unnecessary delays.

All iGaming, a trusted authority in online gambling reviews, carefully evaluates the fastest payout options, focusing on withdrawal times, payment methods, and the overall trustworthiness of each platform. In this guide, we’ll help you navigate the world of fast payout online casinos, ensuring you can enjoy a seamless and efficient gaming experience.

>> Check Out The Full List Of Fast Payout Online Casinos, As Rated By All iGaming Experts

➡️Why All iGaming is Your Go-To Resource for Fast Payout Casinos

All iGaming stands out for its unwavering commitment to transparency and player empowerment. Unlike many review sites that may prioritize promotional deals, All iGaming conducts independent, thorough assessments of every fast payout online casino. Their evaluations focus on what matters most to players: rapid withdrawals, secure transactions, and a seamless gaming experience.

The team at All iGaming recognizes that the ability to access winnings promptly is a top priority for many gamblers. Their reviews delve into the intricacies of each casino’s withdrawal process, ensuring that only the fastest payout online casinos are recommended. By providing unbiased, detailed insights, All iGaming helps players find fast paying online casinos that deliver on their promises, making it an invaluable resource for anyone looking to win real money online instantly.

>>READY TO CASH OUT FAST? BROWSE THE TOP ONLINE CASINOS WITH QUICK PAYOUTS!

➡️How All iGaming Ranks the Top Fast Payout Casinos

All iGaming employs a comprehensive, player-focused evaluation process to identify the fastest payout online casinos. Each platform is assessed across several critical factors that define a superior withdrawal experience. Below is a detailed breakdown of the key criteria:

Criteria	Description
Withdrawal Processing Times	Casinos must process withdrawals within 24 hours or less, with preference for instant or same-day payouts.
Payment Method Variety	Support for fast payment methods like cryptocurrencies (Bitcoin, Ethereum) and e-wallets (PayPal, Skrill) is essential.
Withdrawal Limits	High or no withdrawal limits ensure players can access large winnings without restrictions.
Verification Efficiency	Streamlined KYC processes minimize delays in payout approvals.
Player Feedback	Real player experiences confirm the consistency of advertised payout speeds.
Technical Reliability	Robust platforms ensure glitch-free, rapid transaction processing.
Licensing and Security	Licensed casinos with SSL encryption and 2FA protect player data and funds.

✔️Withdrawal Processing Times

The cornerstone of a fast payout casino is its ability to process withdrawals swiftly. All iGaming prioritizes platforms that offer same day withdrawal online casinos or instant payout casino options, ensuring players can access their funds without unnecessary waiting periods.

✔️Payment Method Variety

The speed of withdrawals heavily depends on the payment methods available. All iGaming evaluates casinos that support cryptocurrencies like Bitcoin and Ethereum, which enable near-instant transactions, and e-wallets such as PayPal and Skrill, known for their rapid processing. These options are critical for an easy cash out online casino experience.

✔️Withdrawal Limits

Low withdrawal limits can hinder players, especially those with significant winnings. All iGaming favors casinos with high or no withdrawal caps, ensuring players can access their full earnings in a single transaction, a hallmark of the best online casino fast payout platforms.

✔️Verification Efficiency

Efficient KYC (Know Your Customer) processes are vital to avoid delays. All iGaming assesses how quickly casinos verify player identities, ensuring that verification doesn’t impede the speed of withdrawals in a fast withdrawal online casino.

✔️Player Feedback

Real-world experiences provide valuable insights. All iGaming collects and analyzes player reviews to confirm that a casino’s advertised payout speeds align with actual performance, ensuring reliability in fastest online casino payout claims.

✔️Technical Reliability

A casino’s platform must be robust to handle rapid transactions without errors. All iGaming tests the technical infrastructure of each casino to ensure it supports seamless, quick withdrawals, a key feature of fast payout casinos.

✔️Licensing and Security

Player safety is non-negotiable. All iGaming only recommends casinos licensed by reputable authorities like the Malta Gaming Authority or Curaçao eGaming Commission, with robust security measures such as SSL encryption and two-factor authentication (2FA) to protect player data and funds.

>>CHECK OUT ONLINE CASINOS WITH THE FASTEST PAYOUTS – EXPERT RATINGS INSIDE!

➡️The Value of Choosing a Fast Payout Casino

Opting for a fast payout online casino offers significant advantages. Rapid withdrawals enhance player trust, as knowing funds are accessible quickly fosters confidence in the casino’s operations. This trust encourages repeat visits and long-term loyalty, making fast payout casinos a preferred choice for many.

Fast payouts also improve financial flexibility. Whether players wish to reinvest their winnings or use them elsewhere, quick access to funds is essential. This is particularly appealing for those seeking a real cash payout online casino experience.

Moreover, fast payout casinos often attract a larger player base, creating a competitive environment that drives improvements in game variety, bonuses, and customer service. This competition benefits players, ensuring a richer gaming experience at same day withdrawal casinos.

➡️Beyond Reviews: All iGaming Educational Resources

All iGaming goes beyond rankings, offering a wealth of educational resources to enhance your gambling journey:

Payment Method Guides: Detailed insights into the speed, fees, and security of various payment options, helping players choose the best for fast withdrawals.
Secure Transaction Tips: Advice on protecting personal and financial information during deposits and withdrawals.
Withdrawal Policy Explanations: Clarity on pending times, limits, and verification processes to avoid surprises.
Responsible Gambling Tools: Resources for setting budgets, recognizing problem gambling, and accessing support services.

These resources empower players to make informed decisions, whether they’re navigating an instant cash out casino or exploring the fastest paying online casinos.

>>FIND YOUR NEXT FAST PAYOUT CASINO – QUICK CASHOUTS, EXPERT RECOMMENDATIONS!

➡️Navigating Regulations with Fast Payout Casinos

Regulatory compliance is crucial for player safety, even in fast payout casinos. All iGaming ensures that every recommended platform holds valid licenses from reputable jurisdictions, such as the Malta Gaming Authority or Curaçao eGaming Commission. These licenses mandate adherence to strict standards for player protection, fair gaming, and anti-money laundering measures.

All iGaming also provides guides on KYC requirements, tax obligations, and regional regulations, helping players understand the legal landscape of fast withdrawal online casinos and ensuring compliance with local laws.

➡️Why Fast Payout Casinos Are Revolutionizing Online Gambling

Fast payout casinos are transforming the online gambling industry by addressing a long-standing pain point: delayed withdrawals. Traditional casinos often took days or weeks to process payouts, frustrating players and diminishing the excitement of winning. Fast payout online casinos, however, leverage technology to offer instant or same-day withdrawals, setting a new standard for player satisfaction.

The rise of cryptocurrencies has been a key driver, enabling near-instant transactions that bypass traditional banking delays. E-wallets and advanced payment gateways have further accelerated the process, making instant withdrawal casinos a reality. This shift has forced the industry to prioritize speed, benefiting players with a more seamless and enjoyable experience at fast paying online casinos.

>>GET THE FASTEST PAYOUT EXPERIENCE – BROWSE OUR TOP CASINOS FOR INSTANT WITHDRAWALS!

➡️Emerging Trends in Fast Payout Casinos for 2025

The fast payout casino landscape is evolving rapidly, with several trends shaping the future in 2025:

Blockchain Technology: Beyond cryptocurrencies, blockchain offers transparent, secure payment systems. Some casinos are adopting decentralized platforms for even faster, verifiable transactions, enhancing the fastest online casino payout experience.
Biometric Verification: Facial recognition and fingerprint scanning are streamlining KYC processes, reducing verification times and speeding up withdrawals.
Real-Time Payment Systems: Advanced gateways enable instant transfers, making same day withdrawal online casinos more accessible.
AI and Automation: Artificial intelligence automates identity verification and fraud detection, accelerating payout approvals in instant payout casinos.
Mobile Optimization: With mobile gaming on the rise, casinos are optimizing platforms for seamless mobile withdrawals, ensuring an online casino with easy withdrawal on smartphones.
Digital Wallet Integration: Integration with Apple Pay, Google Pay, and other digital wallets offers instant payment capabilities, enhancing the easy cash out online casino experience.

These innovations promise to make fast payout casinos even more efficient, delivering unparalleled convenience for players seeking to win real money online instantly.

➡️Tips for Selecting a Trusted Fast Payout Casino

All iGaming offers these practical tips to choose a reliable fast payout online casino:

Verify Withdrawal Times: Ensure the casino offers same-day or instant payouts, confirmed by player reviews and independent ratings.
Check Payment Methods: Opt for casinos supporting fast options like cryptocurrencies and e-wallets, avoiding those limited to slow methods like bank transfers.
Review Withdrawal Policies: Understand pending times, minimum/maximum limits, and fees to avoid surprises.
Confirm Licensing: Choose casinos licensed by trusted authorities for guaranteed safety and fairness.
Test Customer Support: Contact support to assess responsiveness, ensuring quick resolution of withdrawal issues.
Rely on Trusted Reviews: Use All iGaming’s unbiased evaluations to find the best fast payout online casinos.

These steps help players select a fast withdrawal online casino that delivers a secure, efficient experience.

Final Verdict On Fast Payout Online Casinos

Fast payout online casinos are redefining the online gambling experience by offering players the convenience of quick access to their winnings. Whether you’re seeking an instant cash out casino, a same day withdrawal casino, or the fastest paying online casinos, the ability to withdraw funds swiftly enhances trust, satisfaction, and financial flexibility. All iGaming, with its expert reviews and player-focused insights, simplifies the process of finding these platforms, ensuring you can enjoy a seamless and rewarding gaming journey.

The rapid evolution of technology, from blockchain to AI, is set to make fast payout casinos even more efficient in 2025, promising a future where withdrawals are faster and more secure than ever. However, with this convenience comes the responsibility to gamble wisely. All iGaming’s educational resources and responsible gambling tools empower players to set limits, stay informed, and maintain control, ensuring that the thrill of fast payouts remains a positive experience.

By trusting All iGaming’s recommendations, players can confidently explore the world of fast paying online casinos, knowing they’re backed by a platform dedicated to transparency, safety, and player empowerment. Whether you’re a seasoned gambler or new to online gaming, All iGaming is your partner in discovering the best online casino fast payout options for 2025 and beyond.

>>FIND YOUR IDEAL CASINO WITH RAPID PAYOUTS – EXPERT RANKINGS INSIDE!

➡️About All iGaming

All iGaming is a trusted, independent source for online gambling reviews, providing impartial evaluations of top casinos based on thorough, player-centered assessments. With a focus on transparency and player empowerment, All iGaming assesses casinos on game variety, bonuses, customer support, and payout speeds. The platform is dedicated to promoting responsible gambling through educational resources, self-assessment tools, and expert guidance to foster healthy gaming habits.

Frequently Asked Questions

What are fast payout online casinos?

Fast payout online casinos process withdrawals quickly, typically within 24 hours or less, allowing players to access winnings promptly. They are also known as instant withdrawal casinos or same day payout casinos.

Which payment methods offer the fastest withdrawals?

Cryptocurrencies (e.g., Bitcoin, Ethereum) and e-wallets (e.g., PayPal, Skrill) are the fastest, often enabling instant or same-day payouts in a fast withdrawal online casino.

How can I verify a casino’s payout speed?

Check player reviews, independent ratings, and test the withdrawal process with a small amount to confirm the casino’s speed, ensuring it’s a fastest payout online casino.

Are fast payout casinos safe?

Yes, if licensed by reputable authorities and equipped with security measures like SSL encryption and 2FA. All iGaming only recommends safe fast payout casinos.

Can I get instant withdrawals at online casinos?

Many instant payout casinos offer immediate withdrawals, especially those supporting cryptocurrencies, which process transactions almost instantly.

What should I look for in a fast payout casino?

Seek casinos with proven fast payout records, diverse quick payment methods, transparent policies, and positive feedback, ensuring an online casino with easy withdrawal.

Disclaimer

The information provided in this article is for informational purposes only. While we strive to ensure the accuracy and relevance of the content, we do not endorse or guarantee the legitimacy of any listed casinos. Online gambling involves financial risk and may be subject to legal restrictions in certain jurisdictions. Please ensure compliance with local laws before engaging in any gambling activities. We encourage responsible gambling and recommend that players exercise caution when participating in online gambling. Always verify the details of any casino and consult legal advisors before making decisions.

Email:support@alligaming.com

Attachment

All iGaming

The MIL Network –

June 10, 2025

MIL-OSI: Pax8 to Unlock the Era of Managed Intelligence for SMBs
Source: GlobeNewswire (MIL-OSI)

DENVER, June 09, 2025 (GLOBE NEWSWIRE) — Pax8, a leading cloud commerce marketplace, today announced at their annual Beyond conference the development of the first-ever Managed Intelligence Toolkit available in Q2 2026, that will enable managed service providers (MSPs) to deliver transformative AI solutions at scale to small and medium-sized businesses (SMBs). This will accelerate the shift of MSPs into the Managed Intelligence era.

Pax8 is building a Managed Intelligence Toolkit, which is a purpose-built unified environment for MSPs to orchestrate, scale and manage agentic automation across their SMB customers. By integrating Model Context Protocol (MCP) into Pax8’s Marketplace commerce APIs and catalog infrastructure, Microsoft Copilots and agents will interact with the Marketplace directly.

In this effort, Pax8 will include the use and delivery of Microsoft Copilot Studio, Microsoft Azure AI Foundry, Model Context Protocol (MCP), and Microsoft Entra Agent ID, with Pax8’s Marketplace, orchestration infrastructure, and partner ecosystem. Together, these technologies will enable agents to search, procure, and orchestrate services autonomously and in real time, allowing MSPs to become even better strategic advisors to their clients. As a result, MSPs will evolve into Managed Intelligence Providers (MIPs), delivering more than just infrastructure but agentic transformation and business outcomes to their SMB clients.

“MSPs are no longer just managing infrastructure—they’re managing intelligence,” said Scott Chasin, CEO at Pax8. “Our platform development utilizing the latest Microsoft AI solutions will unlock a future where SMBs can scale through digital labor, and MSPs become the architects of that transformation.”

Accelerating the MSP Shift into the Managed Intelligence Era

The Pax8 Marketplace brings additional breakthrough innovations directly into the hands of MSPs:
- Microsoft Copilot Studio and Pax8 Frameworks: Pax8 will offer verticalized agent templates and curated solution bundles designed for deployment through Microsoft Copilot Studio, allowing partners to compose and customize domain-specific agents easily.
- Microsoft Agent Identity with Entra Agent ID: With Microsoft Entra Agent ID, agents sourced and deployed through Pax8 can be assigned unique, scoped identities across customer tenants, enabling fine-grained control and policy enforcement at scale.
What’s Coming

To accelerate this transformation, Pax8 is also launching:
- 30+ Guided Growth Journeys: Structured enablement paths designed to help MSPs and their customers adopt Microsoft-based agents across key functions, including sales, finance, support, operations, compliance, and more.
- The Pax8 Agent Marketplace (launching 2026): A full-stack marketplace experience for horizontal and vertical AI agents, bringing Copilot Studio and Azure AI Foundry to MSPs.
- Transformation Academy: A curriculum of technical and business training programs to help partners build, price, and manage agentic services effectively.
“Small and medium-sized businesses are the backbone of the global economy, and their ability to adopt AI solutions will define the next wave of innovation,” said Allison West Hughes, CVP Global SMB at Microsoft. “We’re excited to see new platforms, such as Pax 8’s initiative that further aims to empower SMB’s to achieve more.”

Availability

The first wave of Copilot Studio, MCP, and Entra Agent ID integrations with Pax8 will begin rolling out in the summer of 2025, with full commercial availability expected by fall 2025. The Managed Intelligence Toolkit will be released in phased previews starting in Q2 2026.

About Pax8
Pax8 is the technology Marketplace of the future, linking partners, vendors and small-to-midsized businesses (SMBs) through AI-powered insights and comprehensive product support. With a global partner ecosystem of nearly 40,000 managed service providers, Pax8 empowers SMBs worldwide by providing software and services that unlock their growth potential and enhance their security. Committed to innovating cloud commerce at scale, Pax8 drives customer acquisition and solution consumption across its entire ecosystem.

Follow Pax8 on Blog, Facebook, LinkedIn, X, and YouTube.

Pax8 Media Contact:
Kristen Beatty
Sr. Director of Public Relations
kbeatty@pax8.com

The MIL Network –
June 10, 2025
MIL-OSI: RockED and NCM Associates Launch Strategic Partnership to Elevate Automotive Dealership Training
Source: GlobeNewswire (MIL-OSI)

FORT LAUDERDALE, Fla. and KANSAS CITY, Mo., June 09, 2025 (GLOBE NEWSWIRE) — RockED, the premiere people development platform for the automotive industry, has announced a groundbreaking partnership with NCM Associates, the leader in 20 Groups, consulting, coaching, training, and data reporting for the automotive industry and many other industries. This partnership will bring the RockED platform to automotive dealerships nationwide, equipping them with training content intended to close productivity gaps and drive greater efficiency at the dealership level.

The automotive industry is constantly changing due to advancements in electric vehicles, the incorporation of AI, changing consumer expectations, and a heightened focus on cybersecurity and data protection. NCM and RockED recognize the growing demand for alternative training formats. This partnership will offer the automotive industry a gamified, microlearning platform proven to drive performance through the following:
- Content consumption: RockED offers bite-sized, focused lessons that are easy to consume, retain, and apply—delivering real-time knowledge at the moment of need and in the flow of work. The platform encourages daily engagement to maintain a “streak” of learning and builds skills on a daily basis to create a habit of learning.
- Content quality: To stay relevant, RockED has partnered with thought leaders in the industry to deliver high-end, video-based content delivered in a familiar social media-like format to optimize usage. This format puts every dealership employee in front of the most relevant content delivered by the most respected leaders in the automotive space.
- Data-driven content delivery: The data and analytics engine built into the RockED platform provides real-time data around the consumption of training content — topics, modules, and assessments — which can be used to strategize around knowledge gaps to determine when, how much, and what type of support is needed. What’s more, is that this targeted content can be delivered down to the individual user with personalized learning journeys that prove to drive performance gains.
By partnering with NCM Associates, RockED is poised to significantly enhance the training experience for thousands of dealerships across the country.

“We are excited to partner with RockED to deliver innovative learning solutions that align with the dynamic needs of the automotive industry,” said Paul Faletti, President and CEO of NCM Associates. “By combining our expertise in dealership performance with RockED’s microlearning technology, we can help our clients adapt faster, train smarter, and achieve sustainable success.”

With decades of expertise in helping dealers improve performance and profitability, NCM Associates deeply understands the unique challenges dealers face. Together, the two companies will meet those challenges with an innovative approach to learning that is:
- Highly accessible: Employees can access training anytime, anywhere, on any mobile device, making learning more convenient and consistent.
- Relevant and timely: Content will be tailored to current industry trends, ensuring dealership teams receive up-to-date insights on everything from technician retention to EV adoption. In addition, NCM convenes dealership leaders throughout the year; now, each in-person meeting will be supplemented with training delivered through RockED to fortify the meeting outcomes.
- Performance-driven: The partnership will leverage NCM Associates’ data-driven performance metrics to track progress and ROI, ensuring dealerships see measurable results.
Over time, NCM Associates plans to explore opportunities to integrate RockED into its existing training programs and consulting services across areas like fixed operations, sales, finance, and leadership. The goal is to thoughtfully integrate RockED’s innovation into the proven consulting and performance models NCM has delivered for decades.

“Dealerships that want to win in 2025 and beyond need to embrace new approaches to training and people development,” said Matthias Stoever, CEO of RockED. “Our partnership with NCM Associates represents a game-changing opportunity for dealers to leverage microlearning as a competitive advantage. Together, we’re setting a new standard for how dealership teams learn and grow.”

About RockED
RockED is the premier people development platform for the automotive industry supporting the entire employee lifecycle from pre-hire and onboarding to upskilling and career transitions. With microlearning content, gamified delivery, and real-time feedback, RockED is educating the automotive workforce and solving the industry’s greatest business challenges.

About NCM Associates
NCM Associates is a trusted leader in 20 Groups, consulting, coaching, training, and data reporting for the automotive industry and many other industries. With over 75 years of experience, NCM helps dealers achieve peak performance through peer collaboration, expert guidance, and proven best practices.

The MIL Network –
June 10, 2025
MIL-OSI USA: Representatives Doggett and Ocasio-Cortez Urge DOJ To Investigate New Allegations That UnitedHealth is Endangering Patients to Maximize Profits from Medicare Advantage Program
Source: United States House of Representatives – Congressman Lloyd Doggett (D-TX)

Reporting from The Guardian alleges UnitedHealth Group is paying nursing homes to reduce hospital transfers and promote do-not-resuscitate orders to increase profits
Contact: Alexis.Torres@mail.house.gov

Washington, D.C. – Today, Representatives Lloyd Doggett (TX-37) and Alexandria Ocasio-Cortez (NY-14) sent a letter to U.S. Attorney General Pam Bondi urging the Department of Justice to expand its reported investigation into UnitedHealth Group to include reports that the company is engaging in fraud through the Medicare Advantage program. Investigative reporting from The Guardian accuses the healthcare conglomerate of trying to deliberately reduce access to care for nursing home residents in order to pocket more money from the federal government.

“The potential harm of UnitedHealth’s business practices extends far beyond waste of taxpayer dollars and appears to be endangering enrollees and harming health outcomes. We strongly urge you to expand your ongoing investigations to include the allegations outlined in The Guardian and other appropriate lines of inquiry concerning the impact of UnitedHealth’s business practices on patients,” wrote the lawmakers.

The full letter is available here.

Last month, it was reported that the Department of Justice opened up a criminal investigation into UnitedHealth Group for possible Medicare fraud. The lawmakers request Attorney General Bondi expand the DOJ’s current investigation to include new allegations that UnitedHealth Group has engaged in the following business practices regarding the Medicare Advantage Program:
- Paying nursing homes to delay or deny patients hospitalizations to increase profits.
- Pressuring patients to establish do-not-resuscitate orders, which instruct providers to not perform CPR for patients who have stopped breathing.
- Providing financial incentives for enrolling residents in UnitedHealth’s Medicare Advantage long-term care plans.
Last month, Representatives Alexandria Ocasio-Cortez (NY-14) and Raul Ruiz (CA-25) introduced an amendment to the Republicans’ reconciliation bill to crack down on corporate profiteering in the Medicare Advantage program and strengthen traditional Medicare. Separately, Representative Doggett led House Members in urging Republican leadership to pass legislation to rein in rampant taxpayer overpayments to Medicare Advantage plans.
MIL OSI USA News –
June 10, 2025
MIL-OSI Security: Combating organized crime: Brazil’s President Lula visit underscores INTERPOL’s central role

Source: Interpol (news and events)

9 June 2025

New INTERPOL taskforce targeting criminal networks in Latin America launched during Brazilian state visit to international police’s global headquarters

LYON, France – President Luiz Inácio Lula da Silva today underscored Brazil’s commitment to combating transnational organized crime during his visit to INTERPOL, the world’s largest policing organization.

The visit represents a strong endorsement of INTERPOL’s mission and its leadership role as central to tackling one of the most urgent security challenges of our time.

A new INTERPOL Task Force Against Organized Crime in Latin America was also officially launched during the visit of President Lula and the Brazilian delegation, which included Ricardo Lewandowski, Minister of Justice and Public Security, Mauro Vieira, Minister of Foreign Affairs, Andrei Augusto Passos Rodrigues, General Director of the Brazilian Federal Police and the Ministers of Mines and Energy, and of Science, Technology and Innovation.

Aimed at targeting criminal networks and drug trafficking across the region and beyond, the International joint Task force, based at INTERPOL’s offices in Latin America and the Caribbean, will focus on disrupting and dismantling the most dangerous transnational organized crime groups, capturing high-value targets, and targeting the financial infrastructure of these networks.

The Letter of Intent between Brazil and INTERPOL signed during the state visit will see an even greater exchange of information, expertise and best practice in the fight against crime, further strengthening Brazil’s position as a leader in combating all forms of crime.

Welcomed by INTERPOL Secretary General Valdecy Urquiza and President Ahmed Naser Al-Raisi, the Brazilian President was briefed on INTERPOL’s critical work in supporting member countries to protect vulnerable populations, preserve the environment and dismantle organized crime networks.

President Lula said:

“The election of Valdecy Urquiza as Secretary General of INTERPOL is recognition of Brazil’s prominent role in combating transnational crime.

“This Organization works to search for and apprehend some of the most dangerous criminals on the planet, combats terrorism, rescues victims of trafficking and sexual exploitation, and protects the environment.

“Crime is evolving at an unprecedented speed, requiring urgent and coordinated multilateral action.

“No country will be able to defeat transnational crime alone.

“As with other current challenges that require collective action, such as climate change and digital governance, police cooperation will remain a priority in Brazilian foreign policy.”

INTERPOL Secretary General Valdecy Urquiza said:

“We are confronting a security landscape more volatile than ever, as transnational organized crime reaches unprecedented levels — more dynamic, more digital, and more deeply embedded across borders.

“This is no longer just a security issue. Organized crime is a global phenomenon threatening justice, undermining climate resilience, as well as stalling social and economic progress.

“The threat is real, it is growing, and the moment to act is now.

“The agreement between INTERPOL and Brazil sends a powerful message: we are placing the fight against organized crime at the top of the global agenda.

“Now is the time for countries to follow Brazil’s lead and reinforce INTERPOL’s efforts. Only by working together — through a truly global and coordinated response — can we dismantle criminal networks and ensure a safer world for all.”

During the visit, President Lula awarded Secretary General Urquiza with Brazil’s Order of Rio Branco Medal, at the rank of Grand Officer. Established in 1963, the decoration recognizes individuals—both Brazilian and foreign—who have made significant contributions to Brazil’s international relations and global cooperation.

MIL Security OSI –

June 10, 2025
MIL-OSI: Highest Payout Online Casinos Australia: All iGaming Recommends These Real Money Casinos for Aussie Players
Source: GlobeNewswire (MIL-OSI)

San Francisco, CA, June 09, 2025 (GLOBE NEWSWIRE) — All iGaming brings the excitement of online casinos in Australia right to your fingertips, combining traditional gambling thrills with digital convenience. As Aussies flock to online casinos, the demand for flexible, fun gaming experiences continues to grow. Whether you’re enjoying classic pokies or playing live dealer blackjack, there’s something for everyone.

In this guide, All iGaming helps you navigate the top platforms, the latest trends, and essential safety tips for an enjoyable, secure gaming experience. Whether you’re just starting or already a pro, we’ve got you covered.

Why Choose Online Casinos Australia?

Australia’s gambling heritage, from horse racing to land-based casinos, has seamlessly transitioned into a thriving online sector. Here’s why online casinos in Australia stand out:
- Flexibility: Login from anywhere—city or outback—without travel hassles.
- Game Diversity: Enjoy Aussie-inspired pokies, international table games, and live dealer options.
- Rewards: Welcome bonuses, free spins, and loyalty programs boost your playtime.
- Big Wins: Progressive jackpots and high RTP games offer life-changing payouts.
Generous welcome bonuses, free spins, and loyalty programs are staples of online casinos in Australia, designed to attract new players and reward regulars. These offers can significantly boost your bankroll, giving you more chances to explore and win. However, the real draw is the potential for substantial payouts, with progressive jackpots and high RTP (Return to Player) games offering life-changing rewards.

Generous bonuses and the potential for substantial rewards make online casinos in Australia a favorite. Get Your Bonus Today – Join the Fun!

How to Navigate the Best Online Casinos in Australia

Selecting the right online casino Australia platform requires diligence. Consider these steps:
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Emerging Trends in Online Casinos Australia for 2025

Online casinos in Australia are evolving rapidly, driven by technological advancements and shifting player preferences. Decentralized casinos, built on blockchain platforms like Ethereum, are gaining traction, offering transparency through smart contracts that automate payouts and game fairness. This trend appeals to tech-savvy players seeking control and security.

NFTs (Non-Fungible Tokens) and play-to-earn (P2E) models are transforming the industry, with some platforms introducing NFT-based rewards and tokenized assets that players can trade or sell. This gamification adds a new dimension, blending gaming with investment opportunities. Artificial intelligence (AI) is also making waves, powering personalized game recommendations, dynamic bonuses, and chatbots that enhance customer service.

Regulatory changes are on the horizon, with potential updates to the Interactive Gambling Act (IGA) 2001 to address the growth of offshore operators. These shifts could impact licensing and advertising, requiring players to stay informed about legal developments to ensure compliance and safety.

Top Features of Online Casinos Australia

Best Online Casinos Australia shine with player-focused features:
- Software Quality: Top-tier providers like Playtech and Evolution Gaming.
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Tips for an Unforgettable Gaming Experience by All iGaming

At All iGaming, we believe that strategic planning is key to making the most of online casinos in Australia. Here are some expert tips to help you maximize your experience: Start by setting a budget and sticking to it, using responsible gambling tools to avoid overspending. Explore free demo modes to familiarize yourself with games before wagering real money, especially for complex titles like poker or live dealer roulette.

Leverage bonuses wisely by focusing on offers with low wagering requirements and high RTP games to improve your odds. Regularly check for new promotions, as online casinos

Australia frequently updates its offers. Engage with community forums or live chat features to exchange tips with other players, enhancing your skills and enjoyment.

Security is paramount—always verify casino credentials and use strong, unique passwords. Keep software updated to protect against vulnerabilities, and consider using a dedicated device or VPN for added privacy, especially when accessing offshore sites.

READY TO PLAY? CHECK OUT THESE TOP CRYPTO CASINOS ON ALL-IGAMING!

Responsible Gambling in Best Online Casinos Australia

Responsible gambling is a cornerstone of the online casinos in Australia experience. The potential for financial loss makes it critical to approach gaming as entertainment, not an income source. Set time limits take regular breaks to maintain balance, and use self-exclusion options if needed to curb excessive play.

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FIND YOUR IDEAL CRYPTO CASINO – CHECK OUT THE LIST ON ALL-IGAMING TODAY!

Conclusion: Embrace the Thrill of Online Casinos Australia

Online casinos in Australia offer a vibrant mix of tradition and innovation, delivering unforgettable gaming from across the country. With diverse games, advanced technology, and rewarding opportunities, these platforms cater to all preferences. By choosing licensed sites and practicing responsible gambling, you can dive into this exciting world with confidence.

Whether you’re drawn to pokie spins or live dealer tables, this guide equips you to thrive. Embark on your gaming adventure today and experience the thrill of online casinos in Australia—right from the heart of Down Under.

READY TO BET? CHECK OUT THESE LEADING CRYPTO CASINOS TODAY!

Frequently Asked Questions for Best Online Casinos Australia
1. What are online casinos in Australia, and how do they work?
Online casinos in Australia are virtual gambling platforms that allow players to enjoy a wide range of games like pokies, blackjack, and live dealer tables from anywhere in the country. They operate using secure software from top providers, offering real money wagering and sometimes free play options. Players sign up, deposit funds via various payment methods, and access games through a website or mobile app, with winnings withdrawable subject to terms.
1. Are online casinos in Australia legal?
The legality of online casinos in Australia is governed by the Interactive Gambling Act (IGA) 2001, which restricts licensed operators from offering certain services to Australian residents. However, many players access offshore sites that are licensed elsewhere (e.g., Malta or Curaçao). It’s your responsibility to ensure compliance with local laws, as regulations may vary by state or territory.
1. How can I ensure a safe gaming experience?
To stay safe at online casinos in Australia, choose platforms with valid licenses, SSL encryption, and eCOGRA certification. Use strong passwords, enable two-factor authentication (2FA), and verify payment methods. Stick to reputable sites and avoid sharing sensitive information with unverified operators.
1. What types of games can I play at online casinos in Australia?
You can enjoy a variety of games, including:
- Pokies: Australian-style slots with local themes.
- Table Games: Blackjack, roulette, and poker in multiple variants.
- Live Dealer: Real-time baccarat, sic bo, and more with live hosts.
- Specialty Games: Keno and bingo for added variety. New technologies like AR and VR are also enhancing these offerings in 2025.
1. What payment methods are accepted?
Best online casinos Australia support:
- Credit/Debit Cards: Visa and Mastercard.
- E-Wallets: PayPal, Skrill, and Neteller.
- Cryptocurrencies: Bitcoin, Ethereum, and more for fast transactions.
- Bank Transfers: Direct deposits for larger amounts. Check each casino’s policy, as withdrawal times and fees vary
Disclaimer:

The legality of online gambling in Australia is governed by the Interactive Gambling Act (IGA) 2001, which imposes restrictions on services provided to Australian residents. Many online casinos operate from offshore jurisdictions, and their legal status may vary depending on your location. It is your responsibility to ensure compliance with local laws and regulations before engaging in any online gambling activities.

This content is not intended to provide financial, legal, or investment advice. We strongly recommend consulting a qualified professional or legal advisor before making any decisions related to online casinos. All iGaming is not affiliated with or in control of any third-party websites or services linked within this content, and we are not liable for their content, security, or practices.

Email:support@alligaming.com

Attachment
- All iGaming
The MIL Network –
June 10, 2025
MIL-OSI: ACPAS – Powers Device Financing for Flagship U.S. Tech Brand in South African Retail Network
Source: GlobeNewswire (MIL-OSI)

DALLAS and JOHANNESBURG, South Africa, June 09, 2025 (GLOBE NEWSWIRE) — UPAY Inc. (OTCQB: UPYY), a U.S.-based fintech innovator, announced that its South African subsidiary, ACPAS, has entered into a new Service Level Agreement (SLA) with one of the country’s premier retail finance providers—responsible for enabling consumer credit on behalf of a retail group that exclusively sells products from one of the world’s most iconic US technology brands.

The group has already deployed the ACPAS solution at an initial retail location, where sales are beginning to ramp up. A broader rollout across its national footprint is planned in the coming months.

The agreement enables ACPAS to deploy its advanced Loan Management Software (LMS) and integrated payment technologies to support financing for smartphones, laptops, tablets, and related accessories—sold through a nationwide network of over 30 premium retail stores and a leading online platform.

Enabling Smarter Credit for High-Demand Technology Purchases

The retail group—recognized as the go-to destination for some of the world’s most iconic technology products—has established itself as a market leader in premium consumer experiences. The new fintech integration will power:
- Seamless credit origination and paperless onboarding
- Real-time account servicing and loan management
- Scalable backend support for payments and customer queries
“This collaboration demonstrates how ACPAS enables leading retailers to offer compliant, intelligent, and accessible credit to their customers,” said Jaco Fölscher, CEO of ACPAS. “Our technology will enhance the customer finance journey across both in-store and online channels.”

Strengthening Compliance and Risk Controls

UPAY’s AML-focused subsidiary, AML GO, will enhance the solution by providing automated anti-money laundering (AML) checks and integrated tools to support compliance with local regulatory frameworks. This ensures the finance journey remains secure, auditable, and compliant—meeting both consumer and institutional expectations.

A Digital-First, Consumer-Centric Finance Strategy

The SLA also includes:
- Continuous performance monitoring and optimization
- Built-in tools for compliance and risk oversight
- Adherence to fintech best practices in data privacy and credit governance
Together, UPAY and its subsidiaries are redefining what responsible credit delivery looks like in tech-driven retail, helping partners expand access to premium technology through smarter finance options.

About UPAY Inc.
UPAY Inc. is a U.S.-listed fintech holding company focused on delivering intelligent financial platforms and compliance technologies across emerging and established markets. Its solutions span automation, payments, credit, and regulatory innovation.
www.upaytechnology.com

About ACPAS
ACPAS, a subsidiary of UPAY Inc., is a leading provider of Loan Management Software in South Africa. Its platform powers digital lending, risk-based decision making, and payment orchestration for a broad range of financial institutions and credit providers.
www.acpas.co.za

Forward-Looking Statements
This press release contains “forward-looking statements” as defined under applicable securities laws. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated. The Company does not undertake any obligation to update or revise forward-looking statements because of new information, future events, or other circumstances. No information in this publication should be interpreted as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.

For media inquiries, please contact: info@upaytechnology.com

The MIL Network –
June 10, 2025
MIL-OSI Canada: Nominations open: recognizing infrastructure excellence
Source: Government of Canada regional news (2)
Alberta’s health, education and government facilities are the backbone of the vital services accessed by Albertans every single day. The design and construction industries bring projects from concept to reality across the province, allowing the government to offer the services people need.

The Minister’s Infrastructure Awards offer an opportunity for industry to gather and recognize the outstanding work being done to improve communities, drive economic growth and shape a brighter future for Alberta.

“Engineers, architects and the construction industry are key players in supporting a robust economy, building healthy and resilient communities, and ensuring Albertans have access to world-class health facilities, schools and public buildings. The Minister’s Infrastructure Awards are an opportunity to celebrate our industry partners’ incredible talent, vision and innovations that help build our province’s world-class public infrastructure.”

Martin Long, Minister of Infrastructure

Important Details:
- The nomination period is open until Friday, July 25.
- Awards will be presented at the Infrastructure Partners Conference banquet in Edmonton on Nov. 5.
Quick facts
- The Minister of Infrastructure Awards span three categories: Learning Facilities, Health Facilities and Government Facilities.
- Nomination guidelines and forms are available on the Government of Alberta website (see links below).
- Eligible nominees include members in good standing in any of the following associations:
  
  Consulting Engineers of Alberta (CEA)
  
  Consulting Architects of Alberta (CAA)
  
  Alberta Construction Association (ACA)
  
  Local construction associations
Industry is encouraged to submit nominations to ensure their work is recognized and celebrated. Self-nominations and third-party nominations are encouraged. Alberta Infrastructure employees may be nominated if partnered with an organization in good standing (CEA, CAA, ACA or a local construction association).

Related information
- Minister’s Infrastructure Awards
- Nomination guidelines form
MIL OSI Canada News –
June 10, 2025
MIL-OSI: Bellarium Network Launches to Redefine the Future of Decentralized Finance

Source: GlobeNewswire (MIL-OSI)

Zurich, Switzerland, June 09, 2025 (GLOBE NEWSWIRE) — A new era in decentralized finance (DeFi) begins with the official launch of Bellarium Network, a blockchain-powered ecosystem focused on providing accessible, secure, and scalable DeFi solutions. With the growing demand for financial autonomy, digital asset control, and global accessibility, Bellarium emerges as a comprehensive platform built to meet the evolving needs of users worldwide.

A New Standard for DeFi Platforms

Bellarium Network introduces a streamlined, all-in-one platform designed to unify multiple decentralized services under a single ecosystem. At its core, Bellarium is dedicated to enhancing the usability, reliability, and accessibility of decentralized finance, offering a suite of services that include digital asset management, decentralized trading, crypto payment processing, and future-ready DeFi debit card integration. Unlike fragmented DeFi applications that often confuse users with siloed functionality, Bellarium takes a different approach—one that emphasizes fluid interaction between services, frictionless user experience, and full transparency through blockchain technology.

Key Features of the Bellarium Ecosystem

The Bellarium platform is composed of multiple interlinked products and services, each crafted to solve specific challenges faced by users in the decentralized economy. These include:

Multi-Chain DeFi Wallet: A non-custodial wallet supporting multiple blockchains, allowing users to securely store, manage, and transfer digital assets while retaining full control over private keys.

Swap Aggregator: Bellarium’s integrated swap feature aggregates the best prices across major decentralized exchanges (DEXs), helping users execute trades at optimal rates without manually comparing platforms.

AI-Powered P2P Lending: A peer-to-peer lending system enhanced with AI analytics that matches borrowers and lenders efficiently based on real-time risk analysis, credit scoring, and historical transaction data.

Futures and Options Trading: The platform supports decentralized perpetual futures and options trading, enabling users to engage in hedging and leverage strategies directly from the Bellarium interface.

Bellarium Pay: A secure, merchant-ready crypto payment gateway that allows online businesses to accept payments in various cryptocurrencies with minimal transaction fees.

DeFi Debit Cards (Coming Soon): Bellarium plans to introduce virtual and physical DeFi debit cards that will enable users to spend their crypto balances at millions of merchants worldwide, online and in person.

The Utility of the $BEL Token

At the heart of the Bellarium Network lies the $BEL token, a utility token designed to power all activities within the ecosystem. From covering transaction fees to providing staking rewards and enabling governance participation, $BEL plays a central role in aligning user incentives with platform growth.

Token holders will also have the ability to vote on proposals related to the protocol’s future direction, feature development, and ecosystem upgrades—ensuring Bellarium evolves in response to its growing community.

Commitment to Transparency and Security

Bellarium’s infrastructure is designed around trustless interactions and user-first architecture. The platform is built using battle-tested smart contracts, audited for security vulnerabilities and optimized for gas efficiency. Moreover, the platform’s roadmap emphasizes continual improvement, with upcoming milestones including multi-chain integrations, merchant onboarding, and further decentralization of governance mechanisms.

As part of its commitment to transparency, Bellarium provides open access to protocol data, smart contract addresses, and platform metrics. Users are encouraged to engage with the platform through secure wallet connections, without the need for KYC or third-party data sharing.

Why Bellarium Stands Out

While many DeFi projects promise innovation, Bellarium focuses on delivering a real-world user experience that simplifies the often complex world of decentralized finance. By combining essential tools like swapping, lending, and payments under one interface, Bellarium reduces user friction and promotes long-term platform sustainability.

In addition, Bellarium is built to scale. With its modular architecture and multi-chain compatibility, the network is well-equipped to adapt to changing blockchain standards and user demands. The platform’s use of AI and smart automation further streamlines financial interactions for both retail users and institutional participants.

Looking Ahead

The roadmap for Bellarium outlines a clear vision: to become a one-stop destination for anyone seeking intuitive and secure access to decentralized finance. In the months ahead, the platform will continue building strategic partnerships with blockchain infrastructure providers, DEX aggregators, and fintech merchants to expand the reach of Bellarium Pay and increase utility for $BEL holders.

Through community-driven governance, Bellarium also plans to launch ecosystem incentive programs aimed at rewarding early adopters, liquidity providers, and developers contributing to open-source innovations within the protocol.

Join the Bellarium Ecosystem

Bellarium invites users, developers, and DeFi enthusiasts to join its mission to democratize financial access through decentralized infrastructure. Whether you’re managing assets, trading tokens, or seeking to spend your crypto in the real world, Bellarium offers a secure and powerful gateway into the decentralized economy.

Learn more at www.bellarium.network and follow Bellarium on Twitter for the latest updates.

The MIL Network –

June 10, 2025
MIL-OSI: Apex Finance Institute Launches Apex Mind Under Maxwell Laurence’s Vision for Intelligent Investment Education

Source: GlobeNewswire (MIL-OSI)

Los Angeles, CA, June 09, 2025 (GLOBE NEWSWIRE) — Apex Finance Institute today announced the official release of Apex Mind, a next-generation intelligent learning platform developed under the direction of founder Maxwell Laurence, marking a milestone in the evolution of investment education. With this launch, Apex Finance Institute strengthens its role in shaping the cognitive and strategic foundations of global investors amid increasingly complex financial environments.

The Apex Mind system reflects Laurence’s long-held philosophy: strategic decision-making must be trained, not assumed. Unlike traditional curriculum models based solely on technical instruction, Apex Mind is engineered to develop the internal logic and adaptive thinking frameworks necessary for sustainable investment performance. It captures behavioral inputs, interprets strategic gaps, and dynamically adjusts user progression in real time.

Key functional components include:

Cognitive Profiling Engine – Analyzes user behavior to construct personalized decision maps and optimize learning flow

Real-Time Strategy Simulator – Enables cross-asset scenario modeling and immediate response validation under simulated volatility

Macro-to-Micro Connector – Integrates global economic variables into bottom-up investment scenarios for applied reasoning training

Benchmark Intelligence Dashboard – Compares individual performance across anonymized peer cohorts and industry-standard patterns

According to internal testing, participants in the Apex Mind pilot program demonstrated a 46% improvement in risk-adjusted decision-making accuracy within the first six weeks of use. The platform is now being deployed across all Apex Finance Institute programs globally, with expanded language support and enterprise integration scheduled in the next phase.

“Apex Mind redefines how investment training is delivered,” said Maxwell Laurence, Founder of Apex Finance Institute. “It is designed not just to inform, but to transform—ensuring users internalize disciplined, high-leverage thinking in the face of uncertainty.”

Developed in collaboration with financial cognitive scientists and strategy analysts from key global markets, Apex Mind represents a strategic response to what Laurence has identified as the “cognitive deficit” among retail and semi-professional investors. The system aligns with Apex Finance Institute’s broader mission: to provide not only tools, but mental models, enabling users to engage complex macroeconomic, sectoral, and policy variables with clarity and control.

This launch arrives at a time when the global investment landscape is undergoing rapid transformation—characterized by fragmented liquidity regimes, data saturation, and accelerating policy shifts. Apex Finance Institute positions Apex Mind as a tactical operating system for the next generation of investors: those seeking to navigate capital markets with structure, precision, and global awareness.

The new release is available to institutional partners, individual program enrollees, and approved educational affiliates beginning this month. Additional modules focused on behavioral finance, scenario anticipation, and geopolitical volatility modeling are expected to roll out in the final quarter of 2025.

About Apex Finance Institute

Apex Finance Institute is a global financial education platform founded by Maxwell Laurence.The institute is recognized for its integration of real-market intelligence, cognitive strategy training, and modular investment education systems. Apex Finance Institute is committed to advancing intelligent investor development through systemic training, technological innovation, and global perspective.

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The MIL Network –

June 10, 2025
MIL-OSI United Kingdom: Fairer system for debt collection to boost protections for financially vulnerable
Source: United Kingdom – Executive Government & Departments

Press release

Fairer system for debt collection to boost protections for financially vulnerable

Government to consult on regulation of enforcement sector as well as increase protections for those facing debt enforcement action and raise fees recoverable by bailiff firms
Three-pronged package of measures to deliver a fairer system of debt enforcement

Plans to improve independent regulation of the enforcement industry to boost oversight

Number of doorstep visits by bailiffs to be reduced to limit unfair build-up of fees

New reforms to the enforcement sector will protect the financially vulnerable and give those facing debt greater opportunity to settle at the earliest and cheapest stage possible.

Setting out plans to overhaul to the way sector operates, the Government today (Monday 9 June) outlined it will:

Consult on plans for greater regulation of bailiff firms, including oversight from an independent body accountable to Parliament.

Encourage earlier and cheaper settlement of debt, reducing the number of “doorstep visits” and avoiding the accumulation of enforcement fees.

Increase fees bailiff firms can collect for the first time since 2014 to ensure a sustainable sector while better supporting people in debt. The threshold which bailiff firms can charge an additional fee will also be raised to reduce the number of people in debt paying this additional fee.

Minister of State for Courts and Legal Services Minister Sackman, said:

Debt recovery must be fair to everyone. If you’re an organisation or individual who is owed money you should be able to get it back. And if you fall into debt you should be treated fairly and supported to get back on your feet.

That is why we are reforming the enforcement sector – to safeguard debtors and creditors alike whilst building a more sustainable system.

The consultation launched today also seeks views on the role an independent statutory regulator should play in enforcement. This includes how the regulator could work with other regulatory bodies, and how it would be held to account by the Government.

While most bailiff firms have already signed up to the Enforcement Conduct Board’s voluntary accreditation scheme, the government proposals would see all bailiff firms regulated to the same standards and overseen by the same independent body, ensuring greater protections for vulnerable people.

To reduce the number of doorstep visits and help prevent people from falling into more debt through accrued enforcement fees, reforms will increase the minimum notice period which must be given before enforcement officers can visit those in debt to 14 days (from seven) – and to 28 days if requested by a debt advisor.

This will give people more time to access debt advice, and/or set up a payment agreement.

To support a fair, viable, and effective enforcement system, the fees bailiff firms can collect from those facing action will be uplifted by 5%. This is the first fee increase since 2014 and reflects the impact of rising costs on bailiff firms. To protect the interests of financially vulnerable individual, it will be made clear that creditors should not share the profits made from the use of bailiff firms and the charging of fees.

Minister of State for Local Government and English Devolution, Jim McMahon OBE said:

These reforms will help make sure those facing the enforcement system are properly protected and supported in dealing with their debts – and we won’t just stop here.

We will shortly be consulting on improvements to council tax administration including the way council tax is collected and enforced, so people can have their say in delivering a fairer system to support both vulnerable households and local councils.

Background information

The Enforcement Conduct Board (ECB) was established in 2022, tasked with providing voluntary, independent oversight of the sector to ensure fair treatment for every party facing enforcement action

The Government is consulting on how to ensure that there is independent oversight of firms that employ enforcement agents and High Court Enforcement Officers to enforce debts using the Taking Control of Goods procedure in England and Wales. The consultation will run for six weeks. Responses will inform legislation to be brought forward as soon as parliamentary time allows

As set out in the Chancellor of the Exchequer’s Regulation Action Plan, when regulation is designed well it can be an essential tool to promote growth and investment and protect the public. We will introduce independent statutory regulation of the sector in line with the objectives in the Action Plan, and our work across Government to cut the administrative costs of regulation by 25% by the end of parliament

The threshold above which bailiff firms can charge an additional percentage fee will be raised by 24%. Currently, an additional one-off fee of 7.5% of any debt over a set threshold can be recovered by bailiff firms if the debt reaches the enforcement (visit) stage. The 24% rise to this threshold will rebalance these fees in line with inflation and reduce the number of people in debt paying the additional fee

The reforms to the regulations about when fees can be recovered and uplifts to the fees and thresholds will be implemented when parliamentary time allows

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Published 9 June 2025
MIL OSI United Kingdom –
June 10, 2025

Category: Economy

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Fairer system for debt collection to boost protections for financially vulnerable

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