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Category: Economy

  • MIL-OSI USA: As Wildfire Season Begins, Cantwell Demands Trump Administration Stop Putting Lives & Property at Risk & Immediately Lift National Weather Service Hiring Freeze

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    05.29.25
    As Wildfire Season Begins, Cantwell Demands Trump Administration Stop Putting Lives & Property at Risk & Immediately Lift National Weather Service Hiring Freeze
    Senator warned Lutnick in Feb. that gutting NOAA & NWS would cripple weather forecasting, threaten public safety; Jackson, KY, NWS office lost overnight staffing & meteorologist-in-charge as severe storms moved across the region May 16, leaving 18 dead; Pendleton, OR, NWS office covering Central WA does not have enough meteorologists to cover overnight shifts
    EDMONDS, WA – U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Senate Finance Committee, demanded that the Trump Administration immediately exempt the National Weather Service (NWS) from its current federal hiring freeze so that citizens and communities will not be left to fend for themselves without adequate warnings as both hurricane season and wildfire season rapidly approach.  
    “On February 19, 2025, I wrote to Secretary Lutnick to urge protection of NOAA’s workforce and exempt the NWS and other safety related jobs from the hiring freeze due to the crucial role they play in protecting lives, property, and our national economy,” wrote Sen. Cantwell in a letter to Commerce Secretary Howard Lutnick and OPM Acting Director Charles Ezell.  “Now that we have seen the fallout from these ill-advised cuts, I once again demand the Administration immediately provide NOAA with a public safety exemption to the federal hiring freeze so the agency can take immediate steps to fill critical positions and prevent a further breakdown in life-saving forecasts and warnings.”
    Multiple recent reports have documented the impacts of the hiring freeze. The Washington Post reports that “Some…forecasting teams are so critically understaffed that the agency is offering to pay moving expenses for any staff willing to transfer to those offices, according to notices recently sent to employees…” And the New York Times found that “The National Weather Service is preparing for the probability that fewer forecast updates will be fine-tuned by specialists, among other cutbacks, because of ‘severe shortages’ of meteorologists and other employees, according to an internal agency document.” These reports make clear that action must be taken immediately to avoid a catastrophic gap in capacity in the face of a future storm or wildfire.
    “For at least half a century, NWS has provided weather forecasting 24 hours a day, seven days a week, but with the Administration’s cuts, at least eight weather forecasting offices no longer have enough meteorologists to cover overnight shifts,” the Senator wrote. “The Pendleton, Oregon office that covers central Washington will stop staffing overnight shifts, and we’ll lose the consistent local knowledge about weather hazards that impacts the accuracy of forecasts and warnings needed to inform transportation agencies, farmers, schools, firefighters, emergency responders, and other public officials that rely on accurate and timely forecasts and warnings.”
    Months before the current crisis, Sen. Cantwell called for an exemption and accurately predicted exactly the situation we are in now.
    The full text of Sen. Cantwell’s letter is available HERE and below.
    Dear Secretary Lutnick and Mr. Ezell,
    The Administration’s dismantling of the National Oceanic and Atmospheric Administration (“NOAA”) workforce has crippled the National Weather Service (“NWS”). The firing of probationary employees, early retirements, and other Administration efforts have led to more than 560 departures from NWS, a 33% reduction from historic levels, leaving many locations critically understaffed and the agency scrambling to fill the gaps.
    NOAA initiated an agency-wide effort on May 13, 2025, to relocate existing personnel to temporarily fill 155 positions in “critically understaffed” locations across NWS. This proposed solution may serve as a stopgap, but it is not a viable long-term strategy.
    On February 19, 2025, I wrote to Secretary Lutnick to urge protection of NOAA’s workforce and exempt the NWS and other safety related jobs from the hiring freeze due to the crucial role they play in protecting lives, property, and our national economy. Now that we have seen the fallout from these ill-advised cuts, I once again demand the Administration immediately provide NOAA with a public safety exemption to the federal hiring freeze so the agency can take immediate steps to fill critical positions and prevent a further breakdown in life-saving forecasts and warnings.
    For at least half a century, NWS has provided weather forecasting 24 hours a day, seven days a week, but with the Administration’s cuts, at least eight weather forecasting offices no longer have enough meteorologists to cover overnight shifts. The Pendleton, Oregon office that covers central Washington will stop staffing overnight shifts, and we’ll lose the consistent local knowledge about weather hazards that impacts the accuracy of forecasts and warnings needed to inform transportation agencies, farmers, schools, firefighters, emergency responders, and other public officials that rely on accurate and timely forecasts and warnings. Additionally, 30 of the 122 weather forecast offices are currently lacking their highest-ranking official, known as the meteorologist-in-charge, including at offices that cover major metropolitan areas such as New York City, Cleveland, Houston, and Tampa. The office in Jackson, Kentucky lost both overnight staffing and their meteorologist-in-charge and was left scrambling to find adequate staffing on May 16, 2025, as severe storms moved across the region, ultimately killing 18 people in Kentucky.
    The staffing shortages are also impacting NWS’s ability to collect and disseminate the weather data that underpins NOAA’s own forecasts and warnings as well as serves as the foundation for the entire U.S. weather enterprise. There are over 90 vacancies among the specialized staff who maintain and repair the NWS’s Doppler radar and Automated Surface Observing Systems greatly increasing the chances of equipment outages. These systems are the cornerstone of NWS’s severe weather warning operations and provide pilots and air traffic controllers with the data they need to safely manage air traffic and minimize delays. Additionally, at least 10 weather forecast offices have suspended or limited their weather balloon launches, which for decades have occurred twice daily to gather data on a steady cadence. Carrying instruments called radiosondes, the balloons rise to 115,000 feet and gather vital atmospheric data that cannot easily be replicated by satellites or other instruments. Without this information forecasts become less accurate and less reliable.
    June 1 marks the start of hurricane season, and many parts of the country are already contending with wildfires and violent storms. Every living former Director of the NWS, from both Republican and Democratic administrations, wrote and released an open letter to the American people warning about the impact of staffing and program cuts. The Directors “stand united against the loss of staff and resources at NWS and are deeply concerned about NOAA as a whole…[Their] worst nightmare is that weather forecast offices will be so understaffed that there will be needless loss of life.”?
    Granting a public safety exemption to the hiring freeze is essential to prevent further degradation of our nation’s weather readiness. Please provide the Committee with a response by June 1, 2025, explaining how you will resume hiring at the NWS to ensure consistent weather forecasting coverage. 

    MIL OSI USA News –

  • MIL-OSI New Zealand: Tristan Gilbertson reappointed to the Commerce Commission

    Source: Ministry of Business Innovation and Employment (MBIE)

    Mr Gilbertson has been reappointed for a second 5-year term, starting on 8 June 2025 and ending on 7 June 2030.

    Mr Gilbertson is a commercial lawyer with extensive international experience in the telecommunications sector. During his first term as Telecommunications Commissioner, he led work programmes relating to the economic regulation of telecommunications services, the development of retail service quality guidelines, and the monitoring and enforcement of competition in telecommunications markets. He was also involved in the Commission’s wider competition and consumer work – including the recent market study into banking.

    Prior to joining the Commission, he held senior executive positions at Vodafone Group Plc, Telecom New Zealand Ltd (now Spark) and Digicel Group Ltd, where he led legal and regulatory teams supporting the development and growth of these businesses.

    The Commission comprises 4 to 8 members appointed by the Governor-General. These members include:

    • Chair
    • Deputy Chair
    • Telecommunications Commissioner
    • Grocery Commissioner

    At least 1 member must be a barrister and solicitor of at least 5 years’ standing.

    The Minister of Commerce and Consumer Affairs recommends Commissioners for appointment for their knowledge and experience in the fields of industry, commerce, economics, law, accountancy, public administration or consumer affairs.

    The Telecommunications Commissioner is appointed by the Governor-General on the recommendation of the Minister for Media and Communications.

    MIL OSI New Zealand News –

  • MIL-Evening Report: Elon Musk promises more risky launches after sixth Starship failure

    Source: The Conversation (Au and NZ) – By Sara Webb, Lecturer, Centre for Astrophysics and Supercomputing, Swinburne University of Technology

    What goes up must come down, and earlier this week yet another of SpaceX’s Starships, the biggest and most powerful type of rocket ever built, came back down to Earth in spectacular fashion. In the sky above the Indian Ocean, it exploded.

    This was the ninth test flight for the rocket, and the third catastrophic failure in a row, just this year.

    Is this what we should expect from the very ship some are counting on to take humans further than we’ve ever been in the solar system? Or does this failure point to deeper concerns within the broader program?

    A decade of development

    The Starship program from Elon Musk’s space technology company, SpaceX, has been in development for more than a decade now and has undergone many iterations in its overall design and goals.

    The Starship concept is based upon the SpaceX Raptor engines to be used in a multistage system. In a multistage rocket system, there are often two or three separate blocks with their own engine and fuel reserves. These are particularly important for leaving Earth’s orbit and travelling to the Moon, Mars and beyond.

    With Starship, the key factor is the ability to land and reuse vast amounts of the rocket stages again and again. The company’s Falcon 9 vehicles, which used this model, were fantastically successful.

    Initial tests of Starship began in 2018 with two low-altitude flights showing early success. Subsequent flights have faced numerous challenges with now four complete failures, two partial failures and three successes overall.

    Just two days ago, during the latest failed attempt, I watched alongside over 200 other space industry experts at the Australian Space Summit in Sydney. Broadcast live on a giant screen, the launch generated an excited buzz – which soon turned to reserved murmurs.

    Of course, designing and launching rockets is hard, and failures are to be expected. However, a third catastrophic failure within six months demands a pause for reflection.

    On this particular test flight, as Starship positioned itself for atmospheric re-entry, one of its 13 engines failed to ignite. Shortly after, a booster appeared to explode, leading to a complete loss of control. The rocket ultimately broke apart over the Indian Ocean, which tonnes of debris will now call home.

    Polluting Earth in pursuit of space

    We don’t know the exact financial cost of each test flight. But Musk has previously said it is about US$50–100 million.

    The exact environmental cost of the Starship program – and its repeated failures – is even harder to quantify.

    For example, a failed test flight in 2023 left the town of Port Isabel, Texas, which is located beside the launch site, shaking and covered in a thick cloud of dirt. Debris from the exploded rocket smashed cars. Residents told the New York Times they were terrified. They also had to clean up the mess from the flight.

    Then, in September 2024, SpaceX was fined by the US Environmental Protection Agency and the Texas Commission on Environmental Quality for 14 separate incidents since 2022 where the launch facilities discharged polluted water into Texas waterways. Musk denied these claims.

    That same month, the US Federal Aviation Administration (FAA) proposed a fine of US$633,009 in civil penalties should be issued to SpaceX. This was on the grounds of using an unapproved launch control room and other violations during 2023. Musk denied these claims too and threatened to countersue the FAA for “regulatory overreach”.

    It’s unclear if this suit was ever filed.

    Two other failed launches in January and March this year also rained rocket debris over the Caribbean, and disrupted hundreds of commercial flights, including 80 which needed to be diverted and more than 400 requiring delayed takeoff to ensure they were entering safe air space.

    Success of different space programs

    Until last year, the FAA allowed SpaceX to try up to five Starship launches a year. This month, the figure was increased to 25.

    A lot can go wrong during a launch of a vehicle to space. And there is a long way to go until we can properly judge whether Starship successfully meets its mission goals.

    We can, however, look at past programs to understand typical success rates seen across different rocketry programs.

    The Saturn V rocket, the workhorse of the Apollo era, had a total of 13 launches, with only one partial failure. It underwent three full ground tests before flight.

    SpaceX’s own Falcon 9 rocket, has had more than 478 successful launches, only two in flight failures, one partial failure and one pre-flight destruction.

    The Antares rocket, by Orbital Sciences Corporation (later Orbital ATK and Northrop Grumman) launched a total of 18 times, with one failure.

    The Soyuz rocket, originally a Soviet expendable carrier rocket designed in the 1960s, launched a total of 32 times, with two failures.

    No sign of caution

    Of course, we can’t fairly compare all other rockets with the Starship. Its goals are certainly novel as a reusable heavy-class rocket.

    But this latest failure does raise some questions. Will the Starship program ever see success – and if so when? And what are the limits of our tolerance as a society to the pollution of Earth in the pursuit of the goal to space?

    For a rocketry program that’s moving so fast, developing novel and complex technology, and experiencing several repeated failures, many people might expect caution from now on. Musk, however, has other plans.

    Shortly after the most recent Starship failure, he announced on X (formerly Twitter, that the next test flights would occur at a faster pace: one every three to four weeks.

    Sara Webb 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. Elon Musk promises more risky launches after sixth Starship failure – https://theconversation.com/elon-musk-promises-more-risky-launches-after-sixth-starship-failure-257726

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Wicker, Colleagues Introduce Protect LNG Act

    US Senate News:

    Source: United States Senator for Mississippi Roger Wicker
    WASHINGTON – U.S. Senator Roger Wicker, R-Miss., joined Senators Ted Cruz, R-Texas, John Cornyn, R-Texas, and Tim Scott, R-S.C., in introducing the Protect LNG Act. This legislation would ensure that a court cannot vacate a previously authorized LNG permit, clarify the venue for LNG lawsuits before federal courts, and mandate that courts grant expedited decisions in relevant cases.
    “The United States has an abundance of LNG, which is essential for establishing American energy dominance and safeguarding our national security. The Protect LNG Act would prevent energy production from being politicized or undermined by far-left environmental groups. I am committed to defending energy job creators and preserving American energy independence,” said Senator Wicker.
    “American energy has the ability to metaphorically and literally power the world, and Texas is the lead exporter of U.S. LNG. Those achievements have been under attack by fringe environmental groups, who use and are enabled by politicized courts. This legislation counters such attacks, and I’m proud to lead the fight to protect energy producers, the jobs they create in Texas, and America’s energy leadership. The Senate should expeditiously take it up and pass it,” said Senator Cruz.
    “The Protect LNG Act is about bringing certainty back to American energy. Radical activists are using the courts to block or delay key energy projects that have already been approved—ultimately threatening jobs, driving up costs, and undermining our national security,” said Senator Scott. “For South Carolina, this legislation ensures stronger protections for our growing role in energy exports, stability in our port economy, and a clear signal to our allies that America will deliver. I’m proud to support legislation that doesn’t just keep the lights on, but keeps our country strong, competitive, and in control of its future.”
    “Oil and natural gas production employs hundreds of thousands of hardworking Texans and is a critical part of the Texas economy, as well as our nation’s energy sector as a whole,” said Senator Cornyn. “I am proud to lead this bill alongside Sen. Cruz to help protect energy projects across our country from lawsuits that far-left climate activists file in an attempt to hamstring American energy.”
    Representative Wesley Hunt, R-Texas, introduced companion legislation in the U.S. House of Representatives.
    Full text of the legislation can be found here.  
    BACKGROUND
    This bill would:
    Ensure that a federal court cannot vacate previously authorized permits for Liquified Natural Gas (LNG) facilities.
    Specify that circuit court jurisdiction for litigation against LNG facilities shall be determined by the location of the facility, not the headquarters location of the federal agency that issued the permits.
    Set a 90-day clock for lawsuits challenging a federal permit for an LNG facility and requires expedited review of lawsuits against LNG facilities.

    MIL OSI USA News –

  • MIL-OSI China: US stocks close higher on firm Nvidia earnings

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

    U.S. stocks ended higher on Thursday, as investors digested Nvidia’s earnings results and continued to navigate ongoing tariff-related uncertainty.

    The Dow Jones Industrial Average rose 117.03 points, or 0.28 percent, to 42,215.73. The S&P 500 added 23.62 points, or 0.40 percent, to 5,912.17. The Nasdaq Composite Index increased by 74.93 points, or 0.39 percent, to 19,175.87.

    Ten of the 11 primary S&P 500 sectors ended in green, with real estate and health leading the gainers by adding 0.95 percent and 0.74 percent, respectively. Meanwhile, communication services bucked the trend by losing 0.35 percent.

    Later in the day, a federal appeals court reinstated U.S. President Donald Trump’s broad tariffs, at least temporarily, overturning a lower court’s ruling on Wednesday that had blocked them on the grounds that their implementation process was “unlawful.”

    “The chances for a major slowdown because of the tariffs or a major consumer price increase definitely have gone down a little bit, not to zero because God knows what they’re going to do,” said Norbert Michel, vice president and director at the Cato Institute’s Center for Monetary and Financial Alternatives, referring to legal actions the Trump administration can take.

    Meanwhile, Nvidia shares surged 3.24 percent on Thursday, following the company’s first-quarter earnings release after the close on Wednesday. The gain put the stock on pace for its highest closing level since January.

    Despite a notable 8-billion-U.S.-dollar revenue impact from U.S. export restrictions to China, investor sentiment was lifted by strong guidance from Nvidia CEO Jensen Huang and robust demand for AI infrastructure, particularly around Nvidia’s upcoming Blackwell chip rollout.

    “The 50 billion China market is effectively closed to U.S. industry,” Huang said about the restrictions. “We are exploring limited ways to compete, but Hopper is no longer an option. China’s AI moves on with or without U.S. chips.” For the quarter, Nvidia posted revenue of 44.1 billion U.S. dollars, beating Bloomberg consensus estimates of 43.3 billion and sharply up from 26 billion dollars a year ago.

    Elsewhere, Best Buy lowered its full-year outlook, citing economic uncertainty tied to the tariffs, which led to a drop in its stock. Attention has now turned to Costco’s upcoming earnings release, as retailers face growing pressure. Trump recently told Walmart it should absorb the costs from higher import duties, following its latest earnings report.

    On the economic front, jobless claims in the United States rose more than expected last week, signaling potential softness in the labor market. Additionally, the Commerce Department revised its estimate for the first-quarter gross domestic product, showing the economy contracted at an annualized rate of 0.2 percent, a slight improvement from the initial reading. 

    MIL OSI China News –

  • MIL-OSI USA: Pallone Speaks Out on the House Floor Against the GOP Tax Scam

    Source: United States House of Representatives – Congressman Frank Pallone (6th District of New Jersey)

    Republican Leaders Brought the Bill to the House Floor in the Middle of the Night

    Washington, D.C. – Energy and Commerce Committee Ranking Member Frank Pallone, Jr. (D-NJ) delivered the following remarks on the House floor around 4 a.m. in opposition to President Trump’s One Big Ugly Bill as Republican leaders rushed to pass their tax scam under cover of night:

    For months, President Trump and Congressional Republicans have been promising that they would not cut Medicaid or Medicare. The reality is that Republicans are cutting both Medicaid and Medicare in this bill. They’re essentially repealing parts of the Affordable Care Act. This bill will destroy the health care system in this country, and it keeps getting worse with each GOP amendment. 

    The GOP Tax Scam takes health care away from at least 13.7 million Americans so they can give giant tax breaks to billionaires and big corporate interests. It’s a shameful reverse Robin Hood scheme – they are stealing from you to give to the rich.  

    Republicans are stripping health care away from people by putting all sorts of burdensome and time-consuming roadblocks in the way of people just trying to get by. The vast majority of people on Medicaid already working. This is not about work – it’s about burying people in so much paperwork that they fall behind and lose their health coverage.  

    And if someone loses their coverage through Medicaid, this GOP Tax Scam also bans them from getting coverage through the ACA Marketplace. It’s just one of the cruel ways this bill basically repeals the ACA and makes it more difficult for people to get affordable health insurance. 

    Now, the Republican bill also makes it more difficult for states to finance their share of Medicaid costs by preventing them from implementing new provider taxes. This will be catastrophic for states as their health care needs change over time and will force them to either increase taxes on their residents or cut health care services.  

    For those of you who will say it doesn’t impact Medicare, the GOP Tax Scam will also cut Medicare—I repeat Medicare—by about $500 billion due to sequestration. These Medicare cuts will lead to reduced access to care for seniors, longer wait times for appointments, and increased costs.  

    Mr. Speaker, the GOP Tax Scam destroys the American health care system by cutting over a trillion dollars and this bill should be defeated. 

    I yield back. 

    MIL OSI USA News –

  • MIL-OSI USA: Pallone Delivers Millions in Relief to Low-income Sandy Survivors Caught Up in Red Tape

    Source: United States House of Representatives – Congressman Frank Pallone (6th District of New Jersey)

    NJ 6th District Congressman’s Years-Long Effort Culminates in State Launch of New Program

    New Brunswick, NJ – Congressman Frank Pallone, Jr. (NJ-06) today announced that New Jersey has officially launched a new policy implementing the clawback relief he fought for and secured for Superstorm Sandy survivors. After years of Pallone’s advocacy, the State of New Jersey will now begin outreach to eligible homeowners who may no longer be required to repay disaster assistance that the Department of Housing and Urban Development has been seeking recoupment on for years. 

    These recoupment efforts known as clawbacks have blindsided homeowners because many New Jersey residents owed tens of thousands of dollars through no fault of their own after applying for loans and benefits through various federal programs at the recommendation of the government. Preliminary assessments show that more than 400 New Jersey households are expected to collectively receive more than $16 million in relief from this recoupment waiver. Pallone encouraged the State to distribute relief as broadly as possible and to avoid placing new financial burdens on residents who have already been through so much.

    “After years of pushing for fairness, today we are finally delivering financial relief for many Sandy survivors,” said Pallone. “The official launch of this program means hundreds of families will no longer have to bear the burden of having to repay the disaster aid they used to rebuild in the aftermath of Superstorm Sandy. Thanks to our advocacy, they can now – after many years – finally close this dark chapter and put this bureaucratic nightmare behind them.”

    Pallone has fought tirelessly to ensure Sandy-impacted families are not burdened with repaying federal disaster aid. In 2022, Pallone secured an indefinite legislative extension of recoupment efforts for debt owed to the federal government that was included in the Omnibus Fiscal Year 2023 package but did not absolve homeowners of the funds owed.

    In January, the Biden Administration agreed to Pallone’s request to provide relief to low- and moderate-income survivors, as well as those who have faced extreme hardship – including foreclosure, bankruptcy, or lost loved ones after receiving federal disaster aid. Eligible households facing extreme hardship may receive full forgiveness, while eligible low- and moderate-income households may receive up to $27,000 in forgiveness for federal assistance previously subject to repayment.

    The New Jersey Department of Community Affairs (DCA) has already notified 278 applicants that their recoupment has been forgiven in full, totaling over $13 million collectively. The agency will continue reaching out to residents eligible for partial forgiveness over the coming weeks and months. No additional action is required at this time for eligible households, but affected New Jersey residents can visit DCA’s website to learn more about the policy.

    MIL OSI USA News –

  • MIL-OSI USA: Pallone Confronts Trump Official: Why Would the Government Conduct Seismic Testing If Drilling Is Illegal?

    Source: United States House of Representatives – Congressman Frank Pallone (6th District of New Jersey)

    WASHINGTON, DC – Congressman Frank Pallone, Jr. (NJ-06) testified before the House Natural Resources Subcommittee on Tuesday to oppose a Republican bill that would gut offshore drilling protections and reopen the Atlantic Ocean to oil and gas development – even though such drilling is currently prohibited under federal law.

    During the hearing, Pallone grilled the Trump administration’s Acting Director of the Bureau of Ocean Energy Management (BOEM) about why the federal government might conduct seismic testing in the Atlantic if drilling is prohibited. The official refused to commit to keeping the Atlantic off-limits in the agency’s upcoming five-year leasing plan, and implied the administration is banking on Congress to overturn the ban. 

    “The law says there is no offshore oil and gas leasing permitted on the Atlantic Coast. Why would you even entertain it if someone came forth asking for a permit for seismic testing or to do offshore oil and gas sales lease. Why would you even entertain that given that the current law says that those are not allowed?” Pallone questioned. 

    “Under the OCSAS Act when we start the process, we provide the secretary information on every planning area regardless of its current legal status so that he can do the balancing that’s called for under that act and in coming up with his proposals. We also know that the status of any particular area can change. Obviously we would not hold the lease sale in an area where the law says we cannot do so, but the secretary has the ability to consider the potential of areas just in case the legal standing of areas changes over time,” the Trump official said.

    The Republican bill, H.R. 513, the Offshore Lands Authorities Act of 2025, would immediately overturn President Biden’s 2025 ban on oil and gas leasing in the Atlantic Ocean, as well as multiple protections established under President Obama. It would also tie the hands of future presidents by requiring Congressional approval and economic justifications for any attempt to withdraw federal waters from drilling.

    Pallone condemned the legislation for carving out special protections for Republican-led states like Florida while leaving the rest of the East Coast, including New Jersey, exposed to drilling and inevitable oil spills. He warned of the threat to New Jersey’s coastal economy, fishing industry, and marine ecosystems.

    Watch the exchange here.

    MIL OSI USA News –

  • MIL-OSI USA: Reed, Warren, Wyden Urge Investigation to Determine if DOGE Employees’ Committed Criminal Violations of Federal Ethics Laws

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    WASHINGTON, DC — U.S. Senators Elizabeth Warren (D-MA), Jack Reed (D-RI), and Ron Wyden (D-OR) sent a letter to the Department of Justice (DOJ), Office of Government Ethics (OGE), and Inspector Generals at the Department of the Treasury, Internal Revenue Service (IRS), and Consumer Financial Protection Bureau (CFPB) urging their offices to investigate whether Department of Government Efficiency (DOGE) employees broke the law by working to dismantle government agencies while holding hundreds of thousands of dollars in private companies. The lawmakers are Ranking Members of the Senate Banking, Housing, and Urban Affairs Committee; Senate Armed Services Committee; and Senate Finance Committee, respectively. 

    “These DOGE employees’ conflicts of interest and role in the mass firings at CFPB, Treasury, and IRS undermine the integrity of their decision-making and the actions taken by the agencies where they work,” the three senators wrote.

    Recent reporting by Politico revealed that Tom Krause, the leader of the Treasury’s DOGE team, has financial holdings worth hundreds of thousands of dollars in companies like JPMorgan Chase, Bank of America, PNC, U.S. Bank, Wells Fargo, Deutsche Bank, Morgan Stanley, and Santander—all companies that have business before Treasury or provide services to the Department. Krause has also been responsible for leading Treasury’s efforts to modernize the Treasury’s IT and financial infrastructure while owning shares of big tech companies like Google, Oracle, and Amazon. 

    Krause and two other Treasury employees, Todd Newnam and Linda Whitridge, also own shares of Intuit, the parent company of TurboTax, which for years has attempted to sabotage the IRS Direct File program. Direct File allows taxpayers to file their taxes for free and directly with the IRS instead of using private sector programs like TurboTax. In recent months, DOGE fired the program’s development team and the Trump administration has reportedly decided to end the program. 

    “It would be deeply disturbing if DOGE employees with a financial stake in Intuit were involved with overseeing and dismantling the Direct File initiative, which would directly benefit Intuit and these employees’ financial holdings,” the lawmakers wrote. 

    ProPublica also recently reported that Gavin Kliger, a DOGE aid at the Consumer Financial Protection Bureau (CFPB), was warned by ethics officials that he held stock in companies that “employees are forbidden from owning.” These holdings include as much as $715,000 of investments in barred companies such as Apple Inc., Tesla Inc., Alphabet Inc., and two cryptocurrencies, all companies subject to investigation by the CFPB. Three days later, despite ethics officials’ warnings, Kliger participated in layoffs at the agency, including firing the ethics lawyers that warned him of his conflicts. 

    At least one expert has described Mr. Kliger’s actions as “look[ing] like a pretty clear-cut violation’” of the federal criminal conflict-of-interest statute, which could carry a fine of up to $250,000 and up to five years in prison. 

    “Together, these three examples underscore what appears to be a pervasive problem with Elon Musk and DOGE employees trampling ethics rules and laws to benefit their own pockets at the expense of the American public,” wrote the senators. 

    The senators called on the DOJ, OGE, and Inspectors Generals of the Treasury, Office for Tax Administration, and the Federal Reserve to investigate the legality of these employees’ conflicts and whether they have violated federal ethics laws. 

    “Neither Mr. Musk nor those working on his behalf in DOGE are above the law, and if they have failed to follow it, the Department of Justice (DOJ) and other relevant government officials should act to hold them accountable,” the senators concluded.

    Full text of the letter follows:

    Dear Attorney General Bondi, Acting Director Greer, Ms. Sciurba, Ms. Hill, and Mr. Gibson:

    We write regarding new reports that DOGE employees at the Treasury, Internal Revenue Service (IRS), and the Consumer Financial Protection Bureau (CFPB) have been engaged in the dismantling of these agencies while holding hundreds of thousands of dollars of stock in private companies benefitting from these individuals’ efforts to eliminate key programs, staff, and policies. This poses a clear conflict of interest and potential criminal violation of federal ethics law, which bars any Federal government employee from “participat[ing] personally and substantially…[in any] particular matter in which [they] … ha[ve] a financial interest.” A willful violation of the law would subject these individuals to a fine of up to $250,000 and up to five years in prison. We request that your offices investigate this matter.

    Neither Mr. Musk nor those working on his behalf with DOGE are above the law, and if they have failed to follow it, the Department of Justice (DOJ) and other relevant government officials should hold them accountable.

    First, earlier this month, reporting revealed that Tom Krause, the leader of Treasury’s DOGE team and top official overseeing Treasury’s Bureau of the Fiscal Service, has financial holdings worth hundreds of thousands of dollars in companies that have business before Treasury or provide services to the Department. Some of Mr. Krause’s holdings—including hundreds of thousands of dollars’ worth of shares of JPMorgan Chase, Bank of America, PNC, U.S. Bank, Wells Fargo, Deutsche Bank, Morgan Stanley, and Santander—are in financial institutions that provide financial services to and purchase U.S. debt securities directly from Treasury. In addition, Mr. Krause has also been responsible for leading Treasury’s efforts to “modernize its IT and financial infrastructure,” despite owning shares of big tech firms like Google, Oracle, and Amazon. Experts have described this as “a massive, glaring red flag of a conflict of interest.”

    Second, the same report also indicated that Mr. Krause and two other Treasury DOGE team members—Todd Newnam and Linda Whitridge—own shares of Intuit, the parent company of TurboTax, which has been engaged in a years’ long attempt to sabotage the IRS’ free tax filing program, “Direct File.” This easy-to-use program allows taxpayers to file their taxes for free and directly with the IRS, rather than use private sector tax preparation software like TurboTax. Troublingly, the program has been targeted for elimination by DOGE: months after Musk posted that DOGE had “deleted” a team that contributed to Direct File’s development, reports surfaced that the Trump Administration had decided to end the program. It would be deeply disturbing if DOGE employees with a financial stake in Intuit were involved with overseeing and dismantling the Direct File initiative, which would directly benefit Intuit and these employees’ financial holdings.

    Third, last month, ProPublica reported that Gavin Kliger, a DOGE aide at the CFPB, was warned by ethics attorneys “that he held stock in companies that employees are forbidden from owning — and was advised not to participate in any actions that could benefit him personally.” These holdings include as much as $715,000 of investments in barred companies such as Apple Inc., Tesla Inc., Alphabet Inc., and two cryptocurrencies. These companies are on the CFPB’s “Prohibited Holding” list since they are “subject to examination by the Bureau.”

    Three days later, Mr. Kliger “participated in mass layoffs at the agency anyway, including the firings of the ethics lawyers that warned him” of his conflicts. The conflicts are obvious: “a defanged and downsized consumer watchdog is unlikely to aggressively regulate those and other companies, freeing them of compliance costs and the risk associated with examinations and enforcement actions. That in turn could boost their stock prices and benefit … Kliger.” At least one expert has described Mr. Kliger’s actions as “look[ing] like a pretty clear-cut violation’” of the federal criminal conflict-of-interest statute

    Together, these three examples underscore what appears to be a pervasive problem with Elon Musk and DOGE employees trampling ethics rules and laws to benefit their own pockets at the expense of the American public. These DOGE employees’ conflicts of interest and role in the mass firings at CFPB, Treasury, and IRS undermine the integrity of their decision-making and the actions taken by the agencies where they work.

    To be clear, there continues to be uncertainty about the specific circumstances surrounding these individuals’ conflicts, including whether they may have divested from some or all of their conflicted holdings, whether their actions may have constituted involvement in “particular matters” that will have a “direct and predictable effect” on their financial interests, or whether they may have received waivers from relevant Designated Agency Ethics Officials or White House officials. But the American people deserve answers regarding whether their own interests may have been undermined by Trump Administration officials that acted in violation of federal ethics laws.

    Given these open questions, we ask that your offices investigate this matter. The Treasury Inspector General (Treasury IG), Treasury Inspector General for Tax Administration (TIGTA), and Inspector General of the Federal Reserve (Fed IG) should conduct a broad review of whether these and other DOGE representatives may have engaged in illegal or inappropriate efforts at the Treasury, IRS, and CFPB. The Department of Justice (DOJ) should investigate whether these and other DOGE representatives may have violated federal ethics law by abusing their official roles for the benefit of private companies in which they have a vested financial interest. We also ask that the Office of Government Ethics examine this matter and recommend any potential violations for appropriate enforcement action.

    Thank you for your attention to this important matter.

    Sincerely,

    MIL OSI USA News –

  • MIL-OSI USA: As Trump Decimates FEMA Ahead of Hurricane Season, Reed Sounds the Alarm & Urges Administration to Rehire FEMA Staff

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    PROVIDENCE, RI — Hurricane season officially begins June 1 and forecasters are predicting an active Atlantic hurricane season.  Meanwhile, state emergency response agencies are preparing for the possibility that the Trump Administration will leave them in the lurch – as President Trump attempts to shift a heavier financial burden onto states and dismantle the Federal Emergency Management Agency (FEMA), which provides timely, coordinated support to prepare for, respond to, and recover from hurricanes and other major disasters.   

    U.S. Senator Jack Reed (D-RI), a member of the Senate Appropriations Committee, warns the Trump Administration’s chaotic leadership changes, budget reductions, and FEMA staff cuts are unnecessarily making it harder for coastal states to prep for hurricane season and respond to and recover from a major natural disaster. 

    Senator Reed sent a letter to the head of FEMA urging the agency to “rehire key staff and provide a detailed plan showing how FEMA will operate during what the National Oceanic and Atmospheric Administration predicts will be an “above normal” hurricane season.”

    Since the start of President Trump’s term, FEMA has lost at least one-third of its staff: At least 2,000 of the agency’s roughly 6,100 full-time employees have either left or plan to leave due to waves of terminations and voluntary retirements ordered by the so-called Department of Governmental Efficiency (DOGE).  President Trump’s preliminary 2026 budget proposal calls for slashing $646 million from FEMA. 

    FEMA provides direct financial relief to states, localities, and individuals after a disaster, but it also provides technical expertise and funding to help state and local governments prepare for and manage large scale disasters. 

    Senator Reed wrote: “Regrettably, because of the Trump Administration’s actions over the last several months, FEMA seems ill-prepared to carry out these responsibilities.”

    The letter also noted: “On May 21, Reuters reported that the Administration’s abrupt firing of Acting Administrator Cameron Hamilton and the departure of 16 senior FEMA executives have “disrupted the agency’s planning for hurricane season.”  CNN reported on May 15 that a recent FEMA internal review found that the agency “is not ready” for the start of hurricane season.  According to a May 9 NPR report, the Administration has fired more than 200 FEMA employees and that hundreds more have indicated they are accepting the Administration’s resignation offers.  And a May 23 Washington Post article notes that FEMA faces a backlog of unprocessed emergency declaration requests from prior storms.  These reports inspire little confidence that FEMA is focused on its mission.”

    Noting the obvious connection between a major reduction in FEMA staff, budget, and resources and a potential reduction in federal involvement, Reed called on the Trump Administration to reverse its mass staff reductions and implement a plan to ensure the timeliness and adequacy of FEMA’s response to future disasters.

    “With hurricane season just days away, it is essential that FEMA shows that it is properly staffed and that key leadership positions are held by individuals who have had previous experience as emergency managers during major disasters.  To that end, I urge you to reinstate the professional staff who have left the agency in recent months and provide a detailed plan showing how FEMA will assist states during major disasters.  Additionally, I would caution against adopting any significant changes in FEMA’s processes for approving requests for disasters declarations and disaster assistance without consultation with states, stakeholders, and Congress.  Any changes should be the result of a deliberative process, rather than impromptu actions,” the letter concluded.

    Full text of the letter follows:

    Dear Mr. Richardson:

    With the 2025 Atlantic hurricane season due to start on June 1, there is increasing doubt that the Federal Emergency Management Agency (FEMA) will be able to meet the challenge due to the chaotic leadership of the agency during the first few months of the Trump Administration.  To assure stakeholders and the public that FEMA is ready, I urge you to rehire key staff and provide a detailed plan showing how FEMA will operate during what the National Oceanic and Atmospheric Administration predicts will be an “above normal” hurricane season.

    As you know, the American people rely on FEMA for timely, coordinated support to prepare for, respond to, and recover from hurricanes and other major disasters.  The agency provides direct financial relief to states, localities, and individuals after a disaster, but it also provides technical expertise and funding to help state and local governments prepare for and manage large scale disasters.  Regrettably, because of the Trump Administration’s actions over the last several months, FEMA seems ill-prepared to carry out these responsibilities.

    On May 21, Reuters reported that the Administration’s abrupt firing of Acting Administrator Cameron Hamilton and the departure of 16 senior FEMA executives have “disrupted the agency’s planning for hurricane season.”  CNN reported on May 15 that a recent FEMA internal review found that the agency “is not ready” for the start of hurricane season.  According to a May 9 NPR report, the Administration has fired more than 200 FEMA employees and that hundreds more have indicated they are accepting the Administration’s resignation offers.  And a May 23 Washington Post article notes that FEMA faces a backlog of unprocessed emergency declaration requests from prior storms.  These reports inspire little confidence that FEMA is focused on its mission. 

    With hurricane season just days away, it is essential that FEMA shows that it is properly staffed and that key leadership positions are held by individuals who have had previous experience as emergency managers during major disasters.  To that end, I urge you to reinstate the professional staff who have left the agency in recent months and provide a detailed plan showing how FEMA will assist states during major disasters.  Additionally, I would caution against adopting any significant changes in FEMA’s processes for approving requests for disasters declarations and disaster assistance without consultation with states, stakeholders, and Congress.  Any changes should be the result of a deliberative process, rather than impromptu actions.

    Thank you for your attention in this matter, and I look forward to your prompt reply.

    Sincerely,

    MIL OSI USA News –

  • MIL-OSI New Zealand: ACC Minister accepts Board Chair’s resignation

    Source: New Zealand Government

    ACC Minister Scott Simpson has today accepted the resignation of ACC Board Chair Dr Tracey Batten and thanked her for her service.

    “I would like to thank Tracey for her leadership of, and contribution to, the board of ACC since her appointment in 2019” says Mr Simpson.

    “I acknowledge her decision to step down and thank her for her commitment to supporting better outcomes for New Zealanders. I wish her well for the future.

    “ACC as an organisation is currently confronting a number of challenging issues, including significant financial challenges and concerns around the overall performance of the organisation. 

    “In the coming months I will be making announcements about my turnaround plan for ACC.”

    The resignation will be effective from 11 June 2025.

    Current Deputy Chair David Hunt will step up to be Interim Chair.

    Media contact: Jack Rankin +64 21 849 193

    MIL OSI New Zealand News –

  • MIL-OSI USA: SBA Opens Business Recovery Center in Weslaco

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced today the opening of a SBA Business Recovery Center (BRC) in Hidalgo County to assist small businesses, private nonprofit (PNP) organizations and residents who sustained economic losses and physical damage from severe storms and flooding occurring March 26‑28.

    Beginning Friday, May 30, SBA customer service representatives will be on hand at the Business Recovery Center in Weslaco to answer questions and assist with the disaster loan application process. No appointment is necessary, walk-ins are welcome. Those who prefer to schedule an in-person appointment in advance can do so at appointment.sba.gov.

    The center’s hours of operation are as follows:

    HIDALGO COUNTY
    Business Recovery Center
    Valley Metro Transit Center
    Boardroom
    510 S. Pleasantview Dr.
    Weslaco, TX  78596

    Opens at 12 p.m. Friday, May 30

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

    The following BRC location is open and continues to serve survivors:

    CAMERON COUNTY
    Business Recovery Center
    Harlingen Chamber of Commerce
    311 E. Tyler Ave.
    Harlingen, TX  78550

    Mondays – Thursdays, 8 a.m. – 5 p.m.
    Fridays, 8 a.m. – 4 p.m.

    “SBA’s Business Recovery Centers have consistently proven their value to business owners following a disaster,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “Business owners can visit these centers to meet face‑to‑face with specialists who will guide them through the disaster loan application process and connect them with resources to support their recovery.”

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

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

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

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

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

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

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

    The deadline to apply for physical damage applications is July 21, 2025. The deadline to apply for economic injury applications is Feb. 23, 2026.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-OSI USA: SBA Opens Disaster Loan Outreach Center in Florissant

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced today the opening of a Disaster Loan Outreach Center (DLOC) in St. Louis County to assist small businesses, private nonprofit (PNP) organizations and residents affected by severe storms, straight-line winds, tornadoes and wildfires occurring March 14-15.

    Beginning Friday, May 30, SBA customer service representatives will be on hand at the Disaster Loan Outreach Center in Florissant to answer questions and assist with the disaster loan application process. No appointment is necessary, walk-ins are welcome. Those who prefer to schedule an in-person appointment in advance can do so at appointment.sba.gov.

    The center’s hours of operation are as follows:

    ST. LOUIS COUNTY
    Disaster Loan Outreach Center
    St. Louis County Library
    Florissant Valley Branch
    Quiet Room
    195 South New Florissant Rd.
    Florissant, MO  63031

    Opens at 1 p.m. Friday, May 30

    Mondays – Thursday, 9 a.m. – 6 p.m.
    Fridays – Saturdays, 9 a.m. – 5 p.m.

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

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

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

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

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

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

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

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

    The filing deadline to return applications for physical property damage is July 21, 2025. The deadline to return economic injury applications is Feb. 23, 2026.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-Evening Report: Most of Australia’s conservation efforts ignore climate risks – here are 3 fixes

    Source: The Conversation (Au and NZ) – By Yi Fei Chung, PhD Candidate in Environmental Policy, The University of Queensland

    Imagine replanting various native species only to have them die because the area is too hot or too dry. Or reconnecting woodland habitat only to lose large tracts to bushfire.

    Well, our new research suggests those scenarios are entirely possible.

    We analysed the two most common ways to prevent overall biodiversity loss on private land in Australia. We found these efforts largely ignore climate risks such as fire, heat, drought and floods.

    Climate change is already threatening the survival of species. Unless conservation efforts are made more resilient to climate change, Australia’s aim to to reverse biodiversity loss could fail.

    What we found

    We examined two types of biodiversity measures in Australia. One is “biodiversity offsets”, which aim to compensate for damage caused by development. The other is voluntary conservation programs, including “conservation covenants”.

    We analysed 77 policy documents underpinning nine biodiversity offset policies and 11 voluntary conservation programs.

    Of the 77 documents, 84% did not consider the impact of climate change. What’s more, only 44% of biodiversity offset policies and 27% of voluntary conservation programs considered climate risk. Even then, they often lacked detail or tools to translate policy into real action on the ground.

    The most common climate adaptation strategies were:

    • safeguarding climate refuges
    • connecting habitat so wildlife can escape extreme heat, fires or droughts
    • targeting funding
    • avoiding offset sites vulnerable to threats such as sea-level rise.

    But most documents lacked details on implementing these strategies.

    We suggest three practical steps to ensure conservation efforts deliver lasting results in a changing climate.

    Few private land conservation programs or biodiversity offset policies took climate change into account.
    Chung, Y. F., et al, (2025) Biological Conservation

    1. Identify and protect climate refuges

    Climate refuges are areas somewhat shielded from the effects of climate change. Gullies, sheltered slopes and forests with good water supplies can help species survive during heatwaves and droughts.

    These places can provide a lifeline for endangered species and prevent local extinctions. Species may shelter in these areas during climate extremes and recolonise well-connected habitats when conditions improve.

    Protecting climate refuges by restricting land clearing or other damaging activities is a common climate adaptation strategy. We found it featured in six policy documents supporting voluntary conservation programs and biodiversity offsets across Australia. But few policy documents explain where these places are or how to protect them.

    For example, the New South Wales Biodiversity Conservation Investment Strategy lists climate refuges as high-priority assets under threat. The strategy says future investment should target these areas.

    But we found no explanation of how investments would be prioritised, or where to find that information. Without this detail, mentioning climate refuges in policy documents is little more than having good intentions.

    To be effective, refuges need to be mapped, prioritised and supported with appropriate protections and incentives. Nature law reform must strengthen protection of climate refuges to prevent further loss.

    Conservation programs could also specifically incentivise landholders to protect or restore refuges on their properties.

    Here’s how to protect Australia’s native species from climate change (The Climate Council)

    2. Promote the actions that build resilience

    On the ground, conservation actions must adapt to climate change. That could mean doing things differently. For example, planting species more likely to survive future climates, or connecting habitat so wildlife can move to new areas.

    While these strategies are well established, we only found three policy documents that mention them. One is the Heritage Agreement policy in South Australia. This offers guidance and potential funding to help landholders implement these actions.

    As Australia’s nature laws are reformed, funding commitments and conservation guidelines need to follow suit.

    Financial incentives or technical support could be offered to landholders for activities that build resilience. Biodiversity offset policies could also mandate conservation actions that improve climate resilience at offset sites.

    3. Adapting to climate change needs to link policy to on-ground action

    Our research found a clear gap between high-level intent and guidelines for on-ground actions. If they don’t line up, then conservation efforts risk falling short. Field programs may lack legal backing, or legislation may not translate into action where it matters most.

    Climate change should be considered at all levels of conservation policies – from high-level legislation to guidelines for implementing individual programs.

    Policies should include clear and consistent targets informed by climate risk. This should be supported by regulations ensuring compliance and practical guidelines for on-ground action.

    Voluntary conservation programs in New South Wales show how it can be done. State biodiversity conservation legislation includes conserving biodiversity under climate change as a key objective. This can then shape real-world programs. For example, the NSW Conservation Management plan echoes this climate commitment. It makes addressing climate change impacts one of the main targets.

    A chance to get it right

    National nature law reform and state reviews present an opportunity to future-proof Australia’s conservation policies.

    These policies must consider the accelerating pace of change and ensure adaptation is embedded through to action. Such actions must be clear, well-resourced, and equipped with practical tools government agencies and landholders can use.

    Otherwise, we risk making conservation policies unfit for the future – missing a golden opportunity to safeguard biodiversity.



    Read more:
    Want genuine progress towards restoring nature? Follow these 4 steps

    Yi Fei Chung receives funding from a UQ Research Training Scholarship. He is also involving in an Australian Research Council Linkage Project that receives financial and in-kind support from the NSW Department of Planning and Environment, the Biodiversity Conservation Trust, Tweed Shire Council, and the NSW Koala Strategy.

    Jonathan Rhodes receives funding from the Australian Research Council, the NSW Government, the Biodiversity Conservation Trust, Tweed Shire Council, the NSW Koala Strategy, and the Queensland Government.

    – ref. Most of Australia’s conservation efforts ignore climate risks – here are 3 fixes – https://theconversation.com/most-of-australias-conservation-efforts-ignore-climate-risks-here-are-3-fixes-257131

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Larsen Requests Nearly $37 Million for 15 Local Projects in Fiscal Year 2026 Spending Bill

    Source: United States House of Representatives – Congressman Rick Larsen (2nd Congressional District Washington)

    WASHINGTON, D.C.  – Rep. Rick Larsen (WA-02) has requested $36,773,695 for 15 local projects in the Fiscal Year 2026 spending bill. Larsen submitted the requests to the House Appropriations Committee as the Committee begins work on legislation to fund the federal government.

    “My priority in shaping spending bills is to invest in Northwest Washington communities,” said Larsen. “I will continue to work closely with community leaders and stakeholders to secure critical funding to create more jobs, build better infrastructure and improve vital services residents rely on.”

    The spending bill will include earmark funding for community projects that local leaders and stakeholders identified as critical to their communities. Larsen secured more than $19.3 million for 15 Northwest Washington projects in the Fiscal Year 2024 spending package, which was signed into law in March 2024.

    Northwest Washington Community Project Funding Requests

    Larsen requested the following earmarks to invest in Northwest Washington communities:

    Investing in a Cleaner, Greener, Safer and More Accessible Transportation System

    • Community Transit’s Bus Replacement Project: This project will enable Community Transit to purchase two battery electric buses with chargers to replace diesel buses that are beyond their expected useful life. ($3,000,000)
    • City of Lynden’s Pepin Flood, Agriculture, Salmon and Safety Transportation (FASST): This project will complete design and support construction of a new channel for Pepin Creek, and complete design and construction of the Pepin Parkway Bridge. ($2,448,000)
    • Snohomish County’s Everett Intermodal Yard and Curve Improvements: The project will improve rail shipping capability, safety, and reliability for freight and intercity passenger service at the Everett Intermodal Yard. These improvements will benefit both BNSF freight trains and Amtrak Cascades service. ($2,000,000)

    Investing in Community Services

    • City of Anacortes’ Community Event Center: The project will support final design and construction for a central event space to host large-scale tourist-oriented events, local nonprofit events and private rentals located near the Anacortes waterfront and downtown. ($3,000,000)
    • Lopez Island Family Resource Center’s Food Center: This project will construct a mixed-use food center, including a community kitchen, shared farm stand, rental spaces, and gathering areas for pop-up shops, in addition to a home base for the San Juan Food Hub and local food bank. ($2,500,000)
    • City of Edmonds’ Food Bank and Community Engagement Space: This project will support an expanded facility for Edmonds Food Bank, including increased food bank space, a commercial kitchen, an urban garden and community meeting spaces. ($2,000,000)
    • City of Bellingham’s Bellingham Central Library Renovation: This project will support exterior renovation of the Bellingham Central Library, including updated windows, upgraded main and children’s entrances, and a refreshed plaza. ($2,000,000)
    • Whatcom County and Domestic Violence and Sexual Assault Services of Whatcom County’s (DVSAS) Douglas Building Preservation: This project will support the renovation of a building used by DVSAS to serve survivors of domestic violence and sexual assault. ($1,510,295)
    • Whatcom County Sheriff Office’s Portable Radio Replacement Project: This project will support the purchase of new portable radios to replace outdated radios that are failing, allowing deputies to communicate clearly with dispatch and each other. ($600,000)
    • Orcas Senior Center’s Roof Replacement: This project will repair the failing roof of the facility, ensuring seniors can continue to access services. ($175,000)

    Investing in Education and Workforce Development

    • Edmonds College and Latino Educational Training Institute’s (LETI) Incubator for Family Success: This project will establish a comprehensive community center that includes a cultural retention and arts center, vocational school, commercial kitchen, deli-specialty store and child care circles. ($4,250,000)
    • Western Washington University’s (WWU) Shannon Point Marine Center Research Vessel: This project will support acquisition of a new research vessel for WWU marine and coastal science educational and research activities. ($1,490,400)

    Investing in Critical Infrastructure

    • Port of Everett’s South Marina Terminal Replacement Project: The project will replace the existing Dock 1 in the South Marina that has exceeded its useful life with a new structure that will provide greater utility capacity to serve potential small cruise and passenger ferry service. ($5,000,000)
    • Port of Edmonds’ North Portwalk and Seawall Reconstruction: This project will repair the Port’s seawall, which is urgently needed to protect the Port and surrounding community from flooding and extreme weather. The project will also create new public use spaces for recreational activity and replace the boardwalk to improve public access and increase economic development for the businesses on and surrounding the port. ($4,000,000)
    • Island County’s Recycling and Reuse Station: This project will build a new solid waste transfer station that will significantly enhance the efficiency of the county’s waste management processes, reducing costs for local rate payers and mitigating associated impacts to public health, safety and the environment. ($2,800,000)


    What Northwest Washington Community Leaders and Stakeholders Are Saying

    Community Transit CEO Ric Ilgenfritz on the Bus Replacement Project: “Community Transit ensures that people of all walks of life can easily and reliably get from where they are to where they want to be. In order to live up to this mission, it’s critical that buses are maintained and replaced according to schedule. We are grateful to Rep. Larsen for prioritizing the Bus Replacement Project, enabling us to serve customers with lower pollution buses that benefit everyone in Snohomish County.”

    Lynden Mayor Scott Korthuis on the Pepin Flood, Agriculture, Salmon and Safety Transportation (FASST) Project: “The Lynden FASST project (Flood, Agriculture, Salmon, Safety and Transportation) is a significant investment in infrastructure for the city to provide housing opportunities in what is a difficult area of the city to develop.  With the support of Representative Larsen on this project, we will continue to develop the needed infrastructure in this area of the city and provide a variety of housing types.  We greatly appreciate Representative Larsen moving this project forward and investing in Lynden.”

    Snohomish County Executive Dave Somers on the Everett Intermodal Yard and Curve Improvements Project: “We are grateful for Congressman Larsen’s support for this vital rail project. If we receive the funding, the renovated intermodal yard will allow us and our rail partners to continue a sustainable and low impact operation for our residents, ensuring public health and safety are prioritized.”

    Anacortes Mayor Matt Miller on the Anacortes Community Event Center project: “We are deeply grateful to Congressman Larsen for championing the Anacortes Community Event Center project. His support for this waterfront facility—developed in partnership with the Port of Anacortes—reflects a strong commitment to strengthening our community, our economy, and our shared public spaces. This proposed investment will help create a vibrant gathering place for residents and visitors alike, and we appreciate the Congressman’s leadership in moving this vision forward.”

    Lopez Island Family Resource Center Executive Director Barbara Schultheiss on the Lopez Food Center Project: “The Lopez Food Center believes that a thriving local food system and strong economy are essential to a healthy, sustainable life here on Lopez. The construction of the food center will create a vital central gathering place—that will provide a much needed new space for the food bank; increase sales of local farm products with space for a communal farm stand and the San Juan Food Hub; creates opportunities for food businesses to grow/expand with storage, commercial kitchen and event space; and, provide critical trainings and supports for food businesses.  This shared facility will increase efficient food production and distribution and support the health and well-being of Lopez Island residents by increasing access to nutritious food and hands-on opportunities in the local food economy.”

    Edmonds Mayor Mike Rosen on the Edmonds Food Bank and Community Engagement Space Project: “We greatly appreciate the leadership of Rep. Larsen to support the Edmonds Food Bank. We know that many people in our community are struggling with food insecurity, and sadly the numbers are increasing, so this funding request is vitally important.”

    Edmonds Food Bank Executive Director Casey Davis on the Edmonds Food Bank and Community Engagement Space Project: “We are incredibly grateful to Representative Larsen for continuing to advocate for our community. As the need for food assistance continues to rise and other critical funding sources are eliminated, this $2 million request is vital to help us build a new facility that meets the growing needs of the individuals we serve in a respectful and efficient way. A new food bank and community engagement space will allow us to provide not only nutritious and culturally relevant food, but also deeper connection, dignity, and resources for long-term stability for our entire community. We cannot do this alone, we need the strength of continued partnerships to make this vision a reality.”

    Bellingham Mayor Kim Lund on the Bellingham Central Library Renovation Project: “Our library is a well-loved institution that gives community members opportunities to learn, grow, and connect. We are grateful for Rep. Larsen’s request for funding, which would help us make the library more accessible, comfortable, and welcoming, especially for families and children.”

    Whatcom County Health and Community Services Co-Health Officer Dr. Amy Harley on the DVSAS Douglas Building Preservation Project: “Whatcom County Health and Community Services is pleased to support the rehabilitation of the Douglas Building, the home of Domestic Violence and Sexual Assault Services of Whatcom County (DVSAS) in Bellingham. Washington. The Douglas building is used to provide critical counseling, legal support, and children’s programs for survivors of domestic violence, sexual assault, and sexual exploitation, and is an essential part of the continuum of care for this vulnerable population. The Douglas Building, however, is more than a building – it’s a lifeline for survivors of domestic violence and sexual assault in Whatcom County. Investing in its rehabilitation will ensure that DVSAS staff can continue to provide high-quality, trauma-informed care in a safe and trusted location, where individuals and families can begin the process of healing with dignity and respect.”

    Domestic Violence and Sexual Assault Services of Whatcom County on the DVSAS Douglas Building Preservation Project: “Domestic Violence & Sexual Assault Services of Whatcom County (DVSAS) extends its deepest gratitude to Congressman Larsen and his team for their efforts in prioritizing funding to preserve our downtown support center. Securing this vital funding guarantees continued access to essential services for individuals experiencing domestic or sexual violence, ensuring survivors have a lifeline to safety and immediate access to crisis services. Congressman Larsen’s commitment to preserving our downtown support center ensures everyone in our community has access to safety and support, now and for years to come.”

    Whatcom County Sheriff Donnell “Tank” Tanksley on the Whatcom County Sheriff’s Department Portable Radio Replacement Project: “Great training and bullet-proof vests aren’t all that keep our Patrol Deputies safe. Portable radios ensure deputies can communicate hazards, status and needs in the field. During the upcoming World Cup – with matches in Seattle and Vancouver, B.C. – increasing traffic through Whatcom County, it is vital that radios are interoperable with international agencies. Our current portables are not. We are grateful to Congressman Rick Larsen for his support of this essential need.”

    Orcas Senior Center Board Member John Ehrmantraut on the Orcas Senior Center Roof Replacement Project: “As Chair of Orcas Senior Center, I can’t stress enough how critical it is to replace our aging roof —not just to protect the building, but to safeguard the essential services and sense of community this space provides to Orcas Island residents. This center is a cornerstone of our island community, and protecting it means protecting the people who rely on it every day.”

    Edmonds College President Dr. Amit Singh on the LETI Incubator for Family Success Project: “Edmonds College is committed to our partnership with LETI in supporting first generation immigrants and their success. This resource center will empower individuals and families by providing assistance with everything from navigating social services to pursuing higher education. I am very thankful to Representative Larsen for his ongoing support of LETI and Edmonds College.”

    Founder & CEO of Latino Educational Training Institute Rosario Reyes on the LETI Incubator for Family Success Project: “We deeply appreciate Representative Larsen’s support for LETI’s Incubator for Family Success and are grateful to Edmonds College for joining us as a vital partner in this initiative. This new center will serve as a lasting community hub for Latino and low-income families in Snohomish County—a place to celebrate culture, host life events, and access essential services. With dedicated offices and classrooms, LETI will continue advancing its mission to empower Latino families through education, business development, family health, and support for financial advancement.”

    Western Washington University President Sabah Randhawa on the Shannon Point Marine Center Research Vessel Project: “Western Washington University appreciates Representative Larsen’s efforts to include funding for a new research vessel at Shannon Point Marine Center as part of the FY26 budget. If funded, this investment will significantly enhance our ability to study the Salish Sea and surrounding coastal ecosystems while expanding hands-on research opportunities for Washington’s next generation of scientists.”

    Port of Everett CEO Lisa Lefeber on the South Marina Terminal Replacement Project: “The reconstruction of Dock 1 will bring new commercial opportunities to the Everett waterfront, including possible passenger-only ferry service and small regional cruise visits for the first time to the area. This investment in transportation infrastructure will benefit jobs and recreation, therefore investing in our economy. The Port of Everett appreciates Congressman Larsen’s support of this infrastructure investment.”

    Port of Edmonds Commission President David Preston on the North Portwalk and Seawall Reconstruction Project: “We are grateful to Representative Rick Larsen for his continued support of the North Portwalk and Seawall Reconstruction Project. The Port will utilize funds to advance our project into its third and final phase. Vital repairs to the marina seawall will protect the Port and the surrounding area from flooding, erosion, and storm surges. At the same time, the improvements to the Port’s boardwalk will enhance the public’s use and experience on the waterfront.”

    Chair of the Board of Island County Commissioners Jill Johnson on the Island County Recycling and Reuse Station Project: “We are incredibly grateful for Representative Larsen’s leadership and support for Island County. Federal funding for the Island County Recycling and Reuse Station will improve upon and expand the county’s waste removal and recycling capacity, directly enabling growth and increasing environmental resiliency.”

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Over $2 Million in SBA Relief Approved to Help New Jersey Rebuild After Sinkholes on Interstate 80

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) has approved more than $1.8 million in federal disaster loans to support New Jersey businesses and private nonprofits (PNP) organizations affected by the sinkholes on Interstate 80 occurring Dec. 26, 2024. As of May 22, 2025, the SBA has provided over $2 million to businesses/EIDL in the wake of this disaster.

    “Surpassing $1.8 million in disaster loans reflects more than just numbers — it represents small businesses reopening, families returning home and communities rebuilding stronger,” said Chris Stallings, associate administrator for the SBA’s Office of Disaster Recovery and Resilience. “These loans provide vital support for recovery, and we encourage anyone still in need to apply before the deadline.”

    Economic Injury Disaster Loan (EIDL) program is still available to small businesses and private nonprofit (PNP) organizations for working capital needs caused by the disaster. EIDLs are available regardless of whether the organization suffered any physical property damage and may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

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

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

    The filing deadline to return economic injury applications is January 2, 2026.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-OSI Security: Nevada Man Who Stole Over $7M in Treasury Checks, Sentenced to Six Years in Prison

    Source: Office of United States Attorneys

    SALT LAKE CITY, Utah – Kyle Eugene Duncan-Carle, 41, of Las Vegas, Nevada, was sentenced to 72 months’ imprisonment and five years’ supervised release after he admitted to bank fraud in 2023.

    In addition to his term of imprisonment, Duncan-Carle, was ordered to pay $3,490,634.75 in restitution.

    According to court documents and statements made at Duncan-Carle’s change of plea and sentencing hearings, from January 2023 through September 2023 in the District of Utah. Duncan-Carle stole U.S. Treasury checks made out to individuals and companies, assumed the identity of the individuals whose names were on the checks, opened credit union accounts under the assumed identities, and then deposited the checks and withdrew the funds. Duncan-Carle admitted the scheme resulted in at least eight stolen treasury checks that totaled $7,975,621.22. As a result, Duncan-Carle cost the United States government, financial institutions, and a financial institution’s insurance provider $3,490,634.75.

    Acting U.S. Attorney Felice John Viti of the District of Utah made the announcement.  

    The case was investigated jointly by the Internal Revenue Service, Criminal Investigations (IRS-CI); the Internal Revenue Service Treasury Inspector General for Tax Administration (TIGTA); and the FBI Salt Lake City Field Office.  

    Assistant United States Attorneys Stephen P. Dent and Luisa Gough of the U.S. Attorney’s Office for the District of Utah prosecuted the case. 
     

    Release No. 25-71

    MIL Security OSI –

  • MIL-OSI United Kingdom: Historic Garden of England protected with new sparkling National Nature Reserve

    Source: United Kingdom – Government Statements

    Press release

    Historic Garden of England protected with new sparkling National Nature Reserve

    Eighth Kings Series National Nature Reserve to be announced

    Credit: Michael Charlton

    • The North Kent Woods and Downs National Nature Reserve is home to around 1700 ancient and veteran trees, as well as a mosaic of natural habitats including wildflower meadows, rare arable plants and chalk grasslands.
    • Around 400,000 people live within 5 miles of the new reserve, and will have new opportunities to connect with this unique landscape.
    • First National Nature Reserve to include an organic and carbon-negative vineyard, bringing a boost for both nature recovery and the local economy.

    Kent has reaffirmed its reputation as the ‘Garden of England’ with the announcement of a new National Nature Reserve (30 May) boasting flagship species including, Man and Lady orchids, the Maidstone mining bee, Hazel dormouse and skylarks.

    The county is said to have been given its famous nickname by Henry VIII to acknowledge its beautiful green landscape and abundant supply of food and drink. While much has changed over the centuries, modern day visitors to the newly opened reserve will find that it is still worthy of this title. The site offers access to a rich mix of wildflower meadows, chalk grasslands and ancient woodlands which have maintained tree cover since the Tudor era.

    Many people have enjoyed the picturesque North Kent countryside, including Charles Dickens, who praised the fresh greenery and bustling wildlife of Kent, and frequently returned to the area in his writings, drawing inspiration from this idyllic landscape. The natural beauty of the area has now been put back in the spotlight with this declaration.

    Over 400,000 people live within five miles of the new North Kent Woods and Downs National Nature Reserve and 8 million people live just an hour’s drive away, making this opening an exciting opportunity for people to connect with internationally important nature. 

    The new National Nature Reserve covers 800 hectares, equivalent to over 1100 football pitches, and partners will be working to support conservation efforts beyond the boundary of the reserve, helping to create a joined-up approach to nature recovery for a further 1100 hectares in the surrounding area.

    Tony Juniper, Chair of Natural England said:  

    Creating bigger, better and more joined up natural areas is one of the most vital and fundamental steps we must take in meeting our national targets for Nature’s recovery. This new reserve, with its hundreds of ancient trees set amid extensive chalk grasslands, lays the foundations for multiple partners to work together to improve Nature across a significant area of countryside. This reserve presents one further excellent example of the progress that can be made when people decide to work together across landscapes.

    Millions of people visit our National Nature Reserves and having a new one accessible to so many people and with such fantastic Nature is truly a cause for celebration.

    Nature Minister Mary Creagh said: 

    This new National Nature reserve will give people the opportunity to explore Kent’s magical landscapes from wildflower meadows to ancient woodlands.

    Reserves like this one, and others in the King’s Coronation Series, will deliver on our promise to improve access to nature and protect nature-rich habitats, as well as boosting the local economy in line with our Plan for Change.

    Alongside long-term management for the precious habitats found at the site, the declaration of the newest National Nature Reserve in the King’s Series also offers the prime example of how conservation and economic growth can go hand in hand. 

    The site is home to the Silverhand Estate, the largest single organic and carbon-negative vineyard in the UK. For organisations like Silverhand, a healthy natural environment is essential to business, which serves as a reminder that nature underpins all parts of our economy. 

    The creation of the reserve will offer a boost to tourism in the Garden of England, as National Nature Reserve status highlights the internationally important nature found in the area. More than 20 million people visit National Nature Reserves each year, helping to put the natural beauty and ecological importance of our landscapes in the spotlight and boost the visitor economy of the areas around them. 

    This new National Nature Reserve directly supports the government’s commitment to restore and protect our natural world by expanding nature-rich habitats where people can explore and wildlife can thrive.

    This is the 8th reserve to be launched as part of the King’s Series of National Nature Reserves, which will leave a lasting public legacy for people and nature by creating or extending 25 National Nature Reserves by 2027. 

    With support from Natural England and Kent Downs National Landscape, the Reserve will be managed by a number of partners including the National Trust, Woodland Trust, Kent County Council, Plantlife, Silverhand Estate (Vineyard Farms Ltd), and the West Kent Downs Countryside Trust. Affiliated partners include Gravesham Borough Council, Birling Estate, Shorne Parish Council, Tarmac and Forestry England. 

    ENDS 

    QUOTES PACK 

    Nick Johannsen, National Landscape Director, Kent Downs National Landscape:

    The North Kent Woods and Downs National Nature Reserve is especially exciting because of the sheer scale, nearly 20 square kilometres of land managed for nature, people, its beauty and history and for scientific research and so close to the urban centres of Gravesend and the Medway Towns.

    Many partners from the public, private, community and charity sectors are working together here, on some of the very best sites for wildlife in England. Together we have committed to work for nature recovery and connect our land. Our partnership has worked for over 2 years to develop a vision for the NNR and carry out detailed research and development. This crucial stage has been supported by the National Highways Designated Funds. Our friends in Natural England guided the proposal through the legal processes and we’ve done it!

    A fantastic new National Nature Reserve in the Kent Downs National Landscape. This launch celebrates all of the work done so far, and will provide added momentum to make more positive change on the ground, securing more flourishing nature and engaging with more and more diverse communities.

    Ben Sweeney, Ranscombe Farm Reserve Manager, Plantlife:

    It is truly exciting that Ranscombe Farm, Plantlife’s flagship nature reserve, is now part of such a concerted effort to bring together conservation, community and sustainable land use at the landscape scale. Ranscombe Farm, a wonderful patchwork of arable fields, ancient woodland and chalk grasslands, is a globally significant place for wild plants and other wildlife.

    Not only is Ranscombe the last wild UK site for Corncockle, it also harbours the largest population of the endangered Broad-leaved cudweed and a wide variety of rare wild orchids. But it is much more than just a treasure trove of rare and threatened plants; visitors are welcome to enjoy 10 miles of footpaths through the mosaic of habitats covering over 600 acres and marvel at the stunning displays of poppies in June and July.

    Gary Smith, CEO, Silverhand Estate:

    We are delighted to be a part of and working alongside the NNR. Sustainability, regenerative farming and protection of the landscape is at the heart of everything we do on our Estate. The work our conservation team does has had an enormously positive impact on the local landscape and we are excited to be able to share this with the community going forward.

    Cllr Emma Morley, Gravesham Borough Council’s cabinet member for operational services:

    We are blessed to have such beautiful and historically significant landscapes within our borough, which are rightly being recognised through the creation of this NNR. Nature does not recognise human boundaries, and so we look forward to working with the various partners and colleagues to protect and nurture this extensive, beautiful and fascinatingly varied reserve, allowing generations to come to enjoy its beauty.

    Jenny Scholfield, Regional Director at the Woodland Trust: 

    We are delighted that Ashenbank Wood, a SSSI site with ancient woodland, veteran trees and home to rare and declining species including the hazel dormouse, is part of the new National Nature Reserve in North Kent.

    For over 40 years Woodland Trust has been caring for and managing this site for trees, wildlife and people and we are pleased that Ashenbank is recognised and protected as an important part of the Kent landscape as part of this initiative. We are looking forward to further collaboration with the NNR partners to strengthen our efforts for nature recovery across this unique landscape.

    Jonathan Ireland, Lead Ranger at National Trust, Cobham Woods:

    Cobham Wood’s inclusion in the North Kent Woods and Downs National Nature Reserve is a significant step in safeguarding one of Kent’s most precious landscapes. This ancient woodland, home to centuries-old veteran trees and a rich diversity of wildlife, provides a vital habitat for rare species, from saproxylic invertebrates to nesting birds.

    Through this pioneering partnership and shared learnings, we can ensure the continued restoration of its historic wood pasture, allowing nature to flourish while welcoming visitors to experience its beauty firsthand. By working together across a landscape scale, we are creating a connected and resilient environment where biodiversity can thrive, ensuring Cobham Wood is protected for future generations to explore and enjoy.

    Simon Jones, Corporate Director, Growth, Environment and Transport for Kent County Council, said:

    At the heart of the National Nature Reserve is a partnership working together as one area, sharing work, knowledge and planning for the whole ecosystem to be connected as opposed to working in individual areas. Shorne Woods and Trosley Country Parks are part of the NNR and are home to flagship species such as orchids, arable plants, dormice, great crested newts and spectacular veteran trees, each playing a vital role in the ecosystem.

    The ambition for the NNR partnership is to make a positive change at landscape scale and enhance the vitality of these communities, giving them greater access and awareness of first-class green spaces on their doorstep. Some of Kent’s more deprived areas fall within five miles of the NNR. The social ambitions of the partners include linking the landscape and its urban residents and inviting them to discover what is on their doorstep.

    Updates to this page

    Published 30 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: Governor Polis Signs Bills Into Law Expanding Healthcare Services Agricultural Workers; Protecting Colorado From Wildfires; Keeping Colorado Students Safe and Increasing Government Transparency

    Source: US State of Colorado

    KEENESBURG/DENVER – Today, Governor Polis started the day in Keenesburg, signing SB25-128 – Agricultural Worker Service Providers Access Private Property, sponsored by Senators Byron Pelton and Dylan Roberts, and Representatives Karen McCormick and Ty Winter. This law helps ensure agricultural workers have access to health care services when needed. 

    “Colorado is proud of our strong agricultural community and economy. Making sure that Colordans who work in agriculture have access to necessary health care services when needed is critical to ensuring we continue our work to save people money on healthcare and support our farmers and ranchers,” said Governor Polis. 

    Governor Polis also signed SB25-007 – Increase Prescribed Burns, sponsored by Senators Lisa Cutter and Janice Marchman, and Representatives Elizabeth Velasco and Ron Weinberg. This law expands prescribed burn capacity, and strengthens Colorado’s fire mitigation efforts. 

    “Wildfires affect everyone, and in Colorado we are committed to doing everything we can to prevent devastating wildfires and protect our communities. Prescribed burns are an important tool we can use to reduce fire fuel and prevent small flames from becoming major blazes, keeping Coloradans safe and our communities,” said Governor Polis. 

    Governor Polis also signed HB25-1293 – Drug Overdose Education & Opioid Antagonists in School, sponsored by Representative Jackson, Minority Leader Pugliese, and Senators Pelton and Snyder. 

    Governor Polis signed the following bills into law administratively: 

    • HB25-1163 – Free Access to State Parks for Colorado Ute Tribes, sponsored by Representatives Katie Stewart and Rick Taggart, and Senators Dylan Roberts and Cleave Simpson
    • HB25-1294 – Court Costs Assessed to Juveniles, sponsored by Representatives Jamie Jackson and Junie Joseph, and Senators Tony Exum and Julie Gonzales
    • SB25-190 – Offender Release from Custody, sponsored by Senators Matt Ball and Julie Gonzales, and Representatives Jennifer Bacon and Matt Soper
    • SB25-186 – Sunset Workers’ Compensation Providers Accreditation Program, sponsored by Senators Winter and Ball, and Senators Hamrick and Lieder
    • HB25-1240 – Protections for Tenants with Housing Subsidies, sponsored by Representatives Joseph and Froelich, and Senators Winter and Wallace
    • HB25-1219 – Requirements for Better Understanding Metropolitan Districts, sponsored by Representatives Jacque Phillips and Carlos Barron, and Senators Kyle Mullica and Liza Frizell
    • SB25-301 – Remove Authorization Requirement Adjust Chronic Prescription, sponsored by Senators Wallace and Kirkmeyer, and Representatives Lieder and Johnson
    • SB25-118 – Health Insurance Prenatal Care No Cost Sharing, sponsored by Senators – Bridges and Jodeh, and Representatives Stewart and Jackson
    • SB25-296 – Insurance Coverage for Breast Cancer Examinations, sponsored by Senators Michaelson Jenet, and Representatives Bird and Stewart
    • SB25-072 – Concerning the Regulation of Kratom, sponsored by Senators Mullica and Pelton, and Representatives Lindsay and Soper

    Governor Polis vetoed the following bills: 

    • HB25-1122 – Automated Driving System Commercial Motor Vehicle, sponsored by Representatives Sheila Lieder and Chris Richardson, and Senators Tom Sullivan and Larry Liston
    • HB25-1026 – Repeal Copayment for Department of Corrections Inmate Health Care, sponsored by Representatives Michael Carter and Lorena García, and Senators Iman Jodeh and Nick Hinrichsen.
    • HB25-1088 – Costs for Ground Ambulance Services, sponsored by Representatives McCormick and Brown, and Senators Baisley and Mullica
    • HB25-1004 – No Pricing Coordination Between Landlords, sponsored by Representatives Woodrow and Mabrey, and Senators Gonzales and Hinrichsen

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Governor Newsom proclaims Asian American and Pacific Islander Heritage Month

    Source: US State of California Governor

    May 29, 2025

    Sacramento, California – Governor Gavin Newsom today issued a proclamation declaring May 2025, as “Asian American and Pacific Islander Heritage Month.”

    The text of the proclamation and a copy can be found below:

    PROCLAMATION

    California is home to more than 6 million Californians of Asian or Pacific Islander descent, each invaluable to our state and nation. During Asian American and Pacific Islander (AAPI) Heritage Month, we celebrate all the ways in which AAPI Californians enrich and strengthen our society as part of California’s incredibly diverse heritage.

    Unfortunately, throughout our history, AAPI communities have been the target of violence, disenfranchisement, discrimination, and other xenophobic policies at the federal, state, and local levels. Echoes of this dark history are still evident in shameful anti-Asian hate acts seen across the country. We must confront past and present racism and fight for the safety and inclusion of our AAPI friends and neighbors, who continue to show strength and resilience in the face of this discrimination.

    AAPI communities in California have created and sustained some of the oldest and strongest cultural enclaves in the country, offering refuge and connection during times of hardship. Rebuilt from the ground up after the 1906 earthquake and fire, Chinatown in San Francisco is the oldest and largest in North America. All three remaining Japantowns in the country are in California – each with residents resilient enough to rebuild these thriving neighborhoods after they returned from unjust imprisonment in internment camps to ransacked homes and businesses. Across California, communities like Cambodia Town in Long Beach, Little Saigon in Orange County, Historic Filipinotown and Koreatown in Los Angeles, and Little India in Artesia are now thriving cultural enclaves, but many of these distinct neighborhoods were born of discrimination and segregation. Today, Californians from over 30 different countries and communities, including Native Hawaiians, live inside and outside of these historic boundaries. Their pride in their heritage and in themselves, in spite of prejudice, has always been and continues to be foundational to this state. 

    Few movements and turning points in California history were not shaped, at least in part, by AAPI leaders. Throughout California’s history, AAPI communities have driven change, doing so not just for themselves but in solidarity and partnership with other communities. We would not be the same without the AAPI communities and individuals that have made this state the leader it is in arts and culture, in labor rights and human rights, in business starts, in research, and so much more.

    During Asian American and Pacific Islander Heritage Month, California takes the opportunity to pay tribute to the irreplaceable legacy of our AAPI communities, their incredible strength and resilience, and their essential role in driving our state and nation forward. This month and every month, let us celebrate all members of our California family and work together to achieve the promise of a California for all.

    NOW THEREFORE I, GAVIN NEWSOM, Governor of the State of California, do hereby proclaim May 2025 as “Asian American and Pacific Islander Heritage Month.”

    IN WITNESS WHEREOF I have hereunto set my hand and caused the Great Seal of the State of California to be affixed this 27th day of May 2025.

    GAVIN NEWSOM
    Governor of California

    ATTEST:
    SHIRLEY N. WEBER, Ph.D.
    Secretary of State

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    MIL OSI USA News –

  • MIL-OSI: Automotive Finco Corp. Files Condensed Interim Consolidated Financial Statements for the three months ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) today announced that it has filed condensed interim consolidated financial statements for the three months ended March 31, 2025. The statements together with the Management Discussion and Analysis can be found on the Company’s SEDAR+ profile at www.sedarplus.ca. 

    About Automotive Finco Corp.

    Automotive Finco Corp. is a finance company focused exclusively on the auto retail sector. In addition to its interest in Automotive Finance Limited Partnership, the Company may also pursue other direct investments and financing opportunities across the auto retail sector.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    For further information please refer to the Company’s website at www.autofincocorp.com or contact Shannon Penney, Chief Financial Officer, at shannon.penney@rogers.com or (905) 619-4996.

    The MIL Network –

  • MIL-OSI United Kingdom: East London charity given Official Warning over loss of £1 million

    Source: United Kingdom – Government Statements

    Press release

    East London charity given Official Warning over loss of £1 million

    The Charity Commission has taken regulatory action against East London Mosque Trust for failing to responsibly manage charity funds.

    The Commission has issued an Official Warning to East London Mosque Trust over an investment deal which resulted in the loss of £1 million. The regulator found trustees failed to have sufficient oversight of the charity’s activities and it has given the charity six months to take remedial action or possibly face further regulatory scrutiny. 

    The charity has existed in some form since 1910, and the mosque is considered one of London’s oldest. East London Mosque Trust was established to advance the Islamic faith by maintaining and managing a community centre and mosque, and provides a range of spiritual and community services.   

    The charity had invested £1 million in an NHS-approved supplier, expecting a 20% return in 6 months, but the supplier was forced into administration, resulting in a loss for the charity. The charity’s trustees reported the matter to the Commission in February 2023, which the regulator reviewed as part of wider engagement with the charity.  

    The Commission found the charity’s due diligence regarding the investment deal was not thorough enough. The regulator is also critical of the trustees’ lack of effective oversight and failure to properly scrutinise key documents concerning the investment. The regulator would expect any charity to conduct substantial checks on any investment which uses charitable funds, particularly one of this size.  

    The Commission had previously told the charity to ensure it had sufficient control over its funds and had warned of potential for further action. The trustees’ failure to act with reasonable care and skill, which contributed to the loss of the charity’s funds, is misconduct and/or mismanagement. 

    The Official Warning sets out that the charity is to ensure financial controls are put in place and that there is oversight of the charity’s funds to protect the charity’s assets going forward. The charity is now expected to conduct an independent review of the charity’s governance, reporting findings to the Commission. The regulator also expects the charity to do all it reasonably can to recover the lost funds. 

    Charity Commission Head of Compliance Visits and Inspections, Joshua Farbridge, said:  

    When people donate to a charity, they put their faith in those running it to manage those funds with care and in line with its aims. In this case, we found the trustees lacked the oversight we’d expect of such a large investment, nor did they ensure thorough due diligence had been undertaken.  

    The East London Mosque Trust has been advised on more than one occasion about having appropriate oversight of funds and so we have now issued a formal warning. We expect all charities to promptly act on steps provided in an Official Warning and will be monitoring this charity’s progress. 

    ENDS 

    Notes to editors: 

    1. The Charity Commission is the independent, non-ministerial government department that registers and regulates charities in England and Wales. Its ambition is to be an expert regulator that is fair, balanced, and independent so that charity can thrive. This ambition will help to create and sustain an environment where charities further build public trust and ultimately fulfil their essential role in enhancing lives and strengthening society. Find out more: About us – The Charity Commission – GOV.UK 

    2. The Official Warning was issued on 10 April 2025 under section 75A of the Charities Act 2011.  

    3. Information about Official Warnings can be found in an online Q&A: Guidance – Official warnings to charities and trustees: Q and A (publishing.service.gov.uk)  

    4. Our guidance on internal financial controls can be found via this link: Internal financial controls for charities: protect your charity from fraud and loss (CC8)  – GOV.UK 

    5. The Commission’s guidance on decision-making is very clear that good decision-making follows a set of key principles, which includes considering risks and appropriately recording the basis of any decisions.

    Press office

    Email pressenquiries@charitycommission.gov.uk

    Out of hours press office contact number: 07785 748787

    Updates to this page

    Published 30 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Patients and pupils to benefit from school and hospital repairs

    Source: United Kingdom – Government Statements

    Press release

    Patients and pupils to benefit from school and hospital repairs

    Government investing £1.2 billion to fix crumbling hospitals and schools across England

    • Government to deliver vital maintenance in hospitals to help prevent cancelled appointments and operations   

    • Focus put back on education as classrooms and school facilities upgraded to be safe and warm   

    • Combined £1.2billion funding is part of government’s promise to deliver public infrastructure improvements through its Plan for Change   

    Patients and pupils across England are set to benefit from nearly £1.2billion worth of essential maintenance fixes being rolled out at hospitals and schools.   

    Over 400 hospitals, mental health units and ambulance sites will be handed £750million to tackle long-term problems such as leaky pipes, poor ventilation and electrical issues, helping to prevent thousands of cancelled operations and appointments.   

    And children at 656 schools and sixth forms will benefit from a share of £470million for projects like fixing crumbling roofs and removing dangerous asbestos – restoring pride in our classrooms and undoing years of dangerous neglect.  

    The funding is part of the government’s mission to fix the dire state of public service infrastructure it inherited and deliver investment and reform through its Plan for Change.  

    It will help people benefit from better services and facilities across the health system, and supporting children to get the best start in life.   

    Secretary of State for Health and Social Care, Wes Streeting, said:    

    A decade and a half of underinvestment left hospitals crumbling, with burst pipes flooding emergency departments, faulty electrical systems shutting down operating theatres, and mothers giving birth in outdated facilities that lack basic dignity.   

    We are on a mission to rebuild our NHS through investment and modernisation.   

    Patients and staff deserve to be in buildings that are safe, comfortable and fit for purpose. Through our Plan for Change, we will make our NHS fit for the future.

    Fixing the backlog of maintenance at NHS hospitals will help prevent cancellations, with services disrupted over 4,000 times in 2023/24 due to issues with poor quality buildings.   

    A wide range of facilities and services will benefit, including over £100million for maternity units to enable better care for mothers and their newborns. This will fund critical improvements such as replacing outdated ventilation systems in neonatal intensive care units, creating optimal environmental conditions for vulnerable babies and their families during challenging times.  

    The funding will also support schools and sixth form colleges that urgently need repairs – giving parents the confidence that their children are learning in safety and comfort.   

    It is part of the £2.1 billion investment into the school estate this year, as the government forges on with delivering for the public through our Plan for Change – by investing in our children, their futures and the future of this country.   

    Education Secretary, Bridget Phillipson, said:   

    The defining image of the school estate under the previous government was children sitting under steel props to stop crumbling concrete falling on their heads. It simply isn’t good enough.  

    Parents expect their children to learn in a safe warm environment. It’s what children deserve, and it is what we are delivering.   

    This investment is about more than just buildings – it’s about showing children that their education matters, their futures matter, and this government is determined to give them the best possible start in life.

    This investment will deliver energy efficient, warm classrooms with safe outdoor spaces that are not just fit for lessons, but for the future. Creating a welcoming and supportive school environment for generations of children so they can achieve and thrive as they progress through their education.    

    The school and hospital funding packages were confirmed in last year’s Autumn Budget, in which an extra £26billion was secured for the NHS.    

    Simon Corben, Director and Head of Profession for NHS Estates and Facilities at NHS England, said:  

    I welcome this funding as a long-overdue step toward tackling the unacceptable state of parts of the NHS estate. Too many buildings have been allowed to fall into disrepair, putting patient safety and staff working conditions at risk. 

    It is now vital that NHS England and local leaders deliver – every pound must be spent wisely, with clear accountability and a laser focus on improving frontline care.

    The government has already delivered over 3 million additional NHS appointments since June 2024, exceeding its 2 million target. Additionally, over 1,000 GP surgeries are being modernised to enable 8.3 million more appointments annually.    

    It has also invested in new technology, including 13 DEXA scanners delivering 29,000 extra bone scans and £70m in radiotherapy machines delivering up to 27,500 additional treatments per year by March 2027.  

    The Department for Education confirmed a £2.1bn investment for the school estate for 2025-26, almost £300 million more than the previous year, to fix the foundations of our school estate.    

    A further £1.4 billion will back the acceleration of the School Rebuilding Programme this year, with a commitment to kickstart projects at 100 schools this year alone.  

    Rejuvenating the school estate by delivering new, high-quality buildings that are not just energy efficient but fit for all pupils needs.  

    This will provide high-tech facilities that will raise the standards of education through new sports halls, IT rooms, school kitchens and playgrounds that children and staff can enjoy for years to come.    

    Projects across schools and hospitals will be delivered during the 2025 to 2026 financial year, with the first upgrades expected to begin this summer.      

    ENDS

    Updates to this page

    Published 30 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI Canada: Small but mighty Sunshine Coast community forest stepping up in local economy

    Source: Government of Canada regional news

    The Sunshine Coast Community Forest is being recognized for its excellence in forestry and its effect on the community, receiving the 2025 Robin Hood Memorial Award for Excellence in Community Forestry on Tuesday, May 27, 2025.

    “When you hear about local leaders and the incredible benefits they bring to their community through forestry, you can just tell this is what the future of forestry looks like,” said Ravi Parmar, Minister of Forests. “The Sunshine Coast Community Forest is this future and is leading with a community-first approach that weaves together local economic resiliency with healthy forests to support those who call the Sunshine Coast home.”

    The Sunshine Coast Community Forest is one of the smallest in the province, but it has an outsized impact on its community, investing almost $25 million since 2007 in local infrastructure, recreation, economic development and community initiatives across the Sunshine Coast. A recent staple of the community forest, the firewood program, is delivering affordable and sustainably sourced firewood. The program employs people facing barriers in the workforce and provides the firewood at no cost to families facing financial hardship by helping them keep their heat on whether they are elderly, living with a disability or recovering from an injury.

    With a commitment to community involvement and transparency, the Sunshine Coast Community Forest is involved in local events, sends out bi-weekly newspaper updates and an email newsletter, has a community advisory panel and carries out field trips for school children, university researchers, government representatives and community members.

    “It means a lot to us to be recognized among the many exceptional community forests in B.C.,” said Sara Zieleman, executive director, Sunshine Coast Community Forest. “We’re grateful, first and foremost, to our community with whom we share this success – the many people who generously contribute their time, and the organizations that collaborate with us. This recognition reflects the strength of our partnerships, the dedication of our volunteers and a shared commitment to stewarding the land responsibly. We’re proud to be part of a network of community forests working to create social, ecological and economic benefits across the province.”

    The Sunshine Coast Community Forest takes an ecosystem-based management approach that prioritizes forest health, biodiversity and long-term sustainability. It does this by implementing retention systems to reduce the effects of logging, while taking conservation measures to protect wildlife habitats, protect watersheds and reduce the risk of fire.

    Community forests are managed by a combination of local governments, community groups and First Nations. At the heart of community forests is a mandate to support local communities and regions, through contributing to a more diversified forest economy and supporting opportunities in recreation, wildlife and watershed management.

    The Robin Hood Memorial Award for Excellence in Community Forestry was established in 2016 to honour the life and legacy of the late Robin Hood. Hood was a British Columbian with a passion for local community forestry. Hood was active in the woodlot and community forest communities.

    Quotes:

    Randy Spyksma, president, BC Community Forest Association (BCCFA) –

    “The BCCFA board of directors and staff extend our sincere congratulations to the Sunshine Coast Community Forest (SCCF), the well-deserving recipient of this year’s Robin Hood Memorial Award. The SCCF truly exemplifies excellency in community forestry through dedication to ecosystem-based management, commitment to wildfire risk reduction, and fostering meaningful relationships in their community. We are proud to honour their hard work and the strides they have made in long-term forest stewardship around Sechelt.”

    Randene Neill, MLA for Powell River-Sunshine Coast –

    “Congratulations to the leaders of the Sunshine Coast Community Forest on their well-deserved award. The leaders of the Sunshine Coast Community Forest exemplify the care and intention we have for our forests locally and across B.C. They fulfil their mission by creating a legacy by balancing the environmental, economic and social aspirations of the community.”

    Quick Facts:

    • The Sunshine Coast Community Forest is managed by the District of Sechelt and is committed to representation from across the region, with various Sunshine Coast representatives as board members.
    • The Sunshine Coast Community Forest was established in 2007 with an allowable annual cut of 20,000 cubic metres.
    • There are 62 community forests operating in British Columbia.
    • The Community Forest Agreement program contributes more than 2.25 million cubic metres of fibre per year, or 3% of the provincial total cut.

    Learn More:

    To learn more about the Sunshine Coast Community Forest, visit: https://www.sccf.ca/

    To learn more about community forests in B.C., visit:
    https://www2.gov.bc.ca/gov/content/industry/forestry/forest-tenures/timber-harvesting-rights/community-forest-agreements

    To learn more about the BC Community Forest Association, visit: https://bccfa.ca/

    A tribute with more information about Robin Hood’s effect on the community forest program can be found on the BC Community Forest Association website:
    http://bccfa.ca/rip-our-beloved-robin-hood

    MIL OSI Canada News –

  • MIL-OSI: VERAXA Biotech to Attend Key Industry Conferences to Showcase BiTAC Technology Platform

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, May 29, 2025 (GLOBE NEWSWIRE) — VERAXA Biotech AG (“VERAXA”), an emerging leader in designing novel cancer therapies and proposed de-SPAC acquisition target of Voyager Acquisition Corp. (NASDAQ:VACH, “Voyager”), announced today it will be attending the upcoming ASCO Annual Meeting and BIO International Convention.

    At the conferences, Christoph Antz, CEO, and additional members of the VERAXA leadership team will be meeting with potential partners and investors, showcasing the Company’s novel Bi-targeted Tumor-Associated Cytotoxicity (BiTAC) platform, and sharing the Company’s growth plans as it prepares to list on the NASDAQ later this year. VERAXA is leveraging its proprietary BiTAC platform to develop highly specific dual-target oncology therapies with less off-tumor toxicity and enhanced tumor specificity. The Company is currently pursuing nine discovery and development programs comprised of next-generation bispecific antibody-drug conjugates (ADCs) and T-cell engagers (TCEs). Those wishing to schedule a meeting to learn more about VERAXA’s differentiated technology and approach are encouraged to contact Cristoph Antz at antz@veraxa.com.

    VERAXA will be accompanied by members of Voyager Acquisition Corp. as well as representatives from Cantor Fitzgerald, Voyager’s capital markets advisor. Cantor Fitzgerald, a leading global financial services group, will be providing certain capital markets advisory services to Voyager related to its proposed Business Combination with VERAXA.

    ASCO Annual Meeting
    DATE: May 30 – June 3, 2025
    VENUE: McCormick Place, Chicago, IL, USA
    TEAM: Connect with Christoph Antz (CEO); Heinz Schwer (CBO); Rick Austin (CSO); Christoph Erkel (Vice President Research & Development)
    EMAIL: Those interested in scheduling a meeting are invited to contact Christoph Antz (CEO) at antz@veraxa.com.
     
    BIO International Convention
    DATE: June 16 – 19, 2025
    VENUE: Boston Convention & Exhibition Center, Boston, MA, USA
    TEAM: Connect with Christoph Antz (CEO); and Katharina Billian-Frey (Manager Business Development)
    EMAIL: Those interested in scheduling a meeting are invited to contact Christoph Antz (CEO) at antz@veraxa.com.
     

    About VERAXA Biotech

    At VERAXA, we are building a premier engine for the discovery and development of next-generation antibody-based therapeutics, including bispecific ADCs, bispecific T cell engagers and other innovative formats. Powered by a suite of transformative technologies and guided by rigorous quality-by-design principles, we are rapidly advancing our pipeline of ADCs and proprietary BiTAC™ formats into clinical development and beyond. VERAXA was founded on scientific breakthroughs made at the European Molecular Biology Laboratory, a world-renowned institution known for pioneering life science research and cutting-edge technologies. For more information, please visit www.veraxa.com.

    On April 22, 2025, VERAXA entered into a definitive business combination agreement (the “Business Combination Agreement”) with Voyager Acquisition Corp., a Cayman Islands exempted company and special purpose acquisition company targeting the healthcare sector (NASDAQ: VACH, “Voyager”). Upon closing of the Business Combination Agreement, VERAXA is expected to become a publicly traded company listed on NASDAQ. The Company has retained Anne Martina Group as the M&A advisor on the transaction.

    About Voyager Acquisition Corp.

    Voyager is a special purpose acquisition company with a bold mission: to revolutionize the healthcare sector through a merger, stock purchase, or business combination. Our team of experienced executives includes unparalleled expertise in investing, operations, and medical innovation, supported by a vast network of connections. With these strengths, we not only seek to drive success but commit to scaling companies to unprecedented heights in the healthcare industry. For more information, please visit https://www.voyageracq.com.

    Participants In the Solicitation

    Voyager, VERAXA, and their respective directors, executive officers, other members of management and employees may be deemed participants in the solicitation of proxies from Voyager’s stockholders with respect to the Business Combination. Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of Voyager’s directors and officers in Voyager’s filings with the SEC, including, when filed with the SEC, the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, amendments and supplements thereto, and other documents filed with the SEC. Such information with respect to VERAXA’s directors and executive officers will also be included in the proxy statement/prospectus. You may obtain free copies of these documents as described below under the heading “Additional Information and Where to Find It”.

    Non-Solicitation

    This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Voyager or VERAXA, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.

    Forward-Looking Statements

    This press release includes certain statements that may be considered forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include, without limitation, statements about future events or Voyager’s or VERAXA’s future financial or operating performance. For example, statements regarding VERAXA’s anticipated growth and the anticipated growth and other metrics, statements regarding the benefits of the Business Combination, and the anticipated timing of the completion of the Business Combination are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations of them or similar terminology.

    These forward-looking statements regarding future events and the future results of Voyager and VERAXA are based on current expectations, estimates, forecasts, and projections about the industry in which VERAXA operates, as well as the beliefs and assumptions of Voyager’s management and VERAXA’s management. These forward-looking statements are only predictions and are subject to, without limitation, (i) known and unknown risks, including the risks and uncertainties indicated from time to time in the final prospectus of Voyager relating to its initial public offering filed with the SEC, including those under “Risk Factors” therein, and other documents filed or to be filed with the SEC by Voyager; (ii) uncertainties; (iii) assumptions; and (iv) other factors beyond Voyager’s or VERAXA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, VERAXA’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and Voyager and VERAXA therefore caution against relying on any of these forward-looking statements.

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Voyager and its management, VERAXA and its management, as the case may be, are inherently uncertain and are inherently subject to risks, variability and contingencies, many of which are beyond Voyager’s or VERAXA’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement and any subsequent definitive agreements with respect to the Business Combination; (ii) the outcome of any legal proceedings that may be instituted against Voyager, VERAXA, or others following the announcement of the Business Combination and any definitive agreements with respect thereto; (iii) the inability to complete the Business Combination due to the failure to obtain consents and approvals of the shareholders of Voyager, to obtain financing to complete the Business Combination or to satisfy other conditions to closing, or delays in obtaining, adverse conditions contained in, or the inability to obtain necessary regulatory approvals required to complete the transactions contemplated by the Business Combination Agreement; (iv) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the Business Combination; (v) projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, and the estimated implied enterprise value of VERAXA; (vi) VERAXA’s ability to scale and grow its business, and the advantages and expected growth of VERAXA; (vii) VERAXA’s ability to source and retain talent, the cash position of VERAXA following closing of the Business Combination; (viii) the ability to meet stock exchange listing standards in connection with, and following, the consummation of the Business Combination; (ix) the risk that the Business Combination disrupts current plans and operations of VERAXA as a result of the announcement and consummation of the Business Combination; (x) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of VERAXA to grow and manage growth profitably, maintain key relationships and retain its management and key employees; (xi) costs related to the Business Combination; (xii) changes in applicable laws, regulations, political and economic developments; (xiii) the possibility that VERAXA may be adversely affected by other economic, business and/or competitive factors; (xiv) VERAXA’s estimates of expenses and profitability; (xv) the failure to realize estimated shareholder redemptions, purchase price and other adjustments; and (xvi) other risks and uncertainties set forth in the filings by Voyager with the SEC. There may be additional risks that neither Voyager nor VERAXA presently know or that Voyager and VERAXA currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of Voyager or VERAXA speak only as of the date they are made. None of Voyager or VERAXA undertakes any obligation to update any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based.

    Additional Information and Where to Find It

    In connection with the Business Combination Agreement, Voyager and/or VERAXA intend to file relevant materials with the SEC, including the Registration Statement, which will include a proxy statement/prospectus of Voyager, and will file other documents regarding the proposed transaction with the SEC. This communication is not intended to be, and is not, a substitute for the proxy statement/prospectus or any other document that Voyager has filed or may file with the SEC in connection with the proposed transaction. When available, the definitive proxy statement and other relevant materials for the proposed transaction will be mailed or made available to stockholders of Voyager as of a record date to be established for voting on the proposed transaction.

    Before making any voting or investment decision, investors and stockholders of Voyager are urged to carefully read, when they become available, the entire registration statement, the proxy statement/prospectus, and any other relevant documents filed with the SEC, as well as any amendments or supplements to these documents, and the documents incorporated by reference therein, because they will contain important information about Voyager, VERAXA, and the proposed transaction. Voyager’s investors and stockholders and other interested persons will also be able to obtain copies of the registration statement, the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, other documents filed with the SEC that will be incorporated by reference therein, and all other relevant documents filed with the SEC by Voyager in connection with the Transaction, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to Voyager at the address set forth below.

    Contact

    BiTAC is a trademark of VERAXA Biotech AG.

    The MIL Network –

  • MIL-OSI Russia: IMF Reaches Staff-Level Agreement on the Second Review of the Extended Credit Facility with Togo

    Source: IMF – News in Russian

    May 29, 2025

    Press releases include statements of IMF staff teams that convey preliminary findings after meetings with the authorities of 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 conclusions of the meetings, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.

    • IMF Staff and the Togolese authorities have reached staff-level agreement on economic policies and reforms to conclude the second review of the Extended Credit Facility (ECF)-supported program. Once the review is completed by the IMF Executive Board, Togo will have access to SDR 44.0 million (about US$58.4 million) in financing.
    • The IMF-supported program is broadly on track, with robust growth and moderating inflation. All quantitative targets and all structural benchmarks at end-December 2024 met, except for the quantitative performance criterion on the fiscal balance.
    • The authorities have reaffirmed their commitment to implementing sound policies, including by raising fiscal revenue, containing debt accumulation, and making growth more inclusive, as well as enacting structural reforms to enhance public financial management, strengthen the financial sector, and enhance governance.

    Washington, DC: An International Monetary Fund (IMF) staff team, led by Hans Weisfeld held meetings with the Togolese authorities in Lomé and Washington in recent months to discuss progress under the authorities’ economic program supported by an IMF Extended Credit Facility (ECF) arrangement.

    At the conclusion of the discussions, Mr. Weisfeld issued the following statement:

    “The mission has had constructive and productive discussions with the Togolese authorities and commended them on the sustained progress in advancing reforms. A staff-level agreement was reached on all policies, including key parameters of the 2025 fiscal framework and reform measures going forward, in line with the program‘s objectives.

    “Economic growth reached an estimated 5.3 percent in 2024 and is projected at 5.2 percent in 2025 and around 5.5 percent per year thereafter, barring major adverse shocks. Inflation has continued to slow, reaching 2.6 percent in April 2025 (annual average). 

    “The IMF-supported government economic policy program is broadly on track. The authorities met all quantitative performance criteria for end-2024 except the criterion on the fiscal balance. Tax revenue in 2024 increased as planned, while non-tax revenue even exceeded expectations. At the same time, financing support provided to local communities affected by floods and the purchase of a large stock of fertilizers that are being made available to farmers at subsidized prices meant that government debt rose more quickly than planned, slowing progress toward stronger debt sustainability. To help the public understand budget execution and the drivers of debt, the authorities have published an explanation of fiscal developments in 2024. This is a very welcome step.

    “At the same time, the authorities made good progress on structural reforms. They met both outstanding structural benchmarks set for end-2024 by (i) strengthening the budgetary risk analysis report accompanying the draft annual budgets; and (ii) injecting substantial funds into the remaining public bank to bring its regulatory capital in line with the requirements set by the regional banking regulator. The authorities also aim to continue to enhance governance. They (i) are working on strengthening the public procurement legal framework to require the publication of the names of beneficial owners of companies awarded procurement contracts; and (ii) have invited an IMF Governance Diagnostic Assessment and committed to publishing its findings.

    “It will be very important to make good progress on the planned growth-friendly and socially responsible fiscal consolidation to reinforce debt sustainability while continuing reforms to enhance public financial management, strengthen the financial sector, and enhance governance.

    “The IMF approved the ECF arrangement in March 2024 to help the authorities address the legacies of shocks seen since 2020, notably the COVID pandemic and the increase in global food and fuel prices. The Togolese authorities were able to lessen the impacts of these shocks on the Togolese economy and population, but this came at the price of large fiscal deficits and a rapidly rising debt burden. The IMF-supported government program aims to (i) make growth more inclusive while strengthening debt sustainability, and (ii) conduct structural reforms to support growth and limit fiscal and financial sector risks. The IMF provides financing of SDR 293.60 million (about US$ 390 million) on favorable terms to Togo through the ECF arrangement. The IMF Executive Board completed the First Review of the program in December 2024.   

    The staff team looks forward to continuing the fruitful dialogue with the Togolese authorities and stakeholders in the period ahead, including in the context of the mission for the Third Review in the second half of 2025.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Kwabena Akuamoah-Boateng

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

    https://www.imf.org/en/News/Articles/2025/05/29/pr-25166-togo-imf-reaches-agreement-on-the-2nd-rev-of-ecf-with-togo

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI New Zealand: 110km/h speed limit consultation begins for SH1 Transmission Gully and Raumati Straights

    Source: New Zealand Government

    Transport Minister Chris Bishop is encouraging New Zealanders to have their say in public consultation that begins today on increasing speed limits for SH1 Transmission Gully and Raumati Straights to 110km/h.

    “Boosting economic growth and productivity is a key part of the Government’s plan to rebuild the economy and this proposal supports that outcome by reducing travel times and increasing efficiency on this vital route between Wellington and the lower and central North Island,” Mr Bishop says.  

    “With around 22,000 vehicles using the road daily, it provides important regional resilience and a safe, modern, reliable route for all road users. Transmission Gully is one of the first Roads of National Significance (RoNS) announced by the former National Government in 2009 and is the main gateway to Wellington. 

    “Transmission Gully was designed and constructed to a high safety standard. This is reflected in the low crash numbers on the road since opening in 2022. It has safety features that greatly reduce the risk of death or serious injury in a crash, like two lanes in each direction, and flexible median barrier between opposing lanes. Since opening, there have been over 150 barrier strikes but no deaths

    “Along with Transmission Gully, the NZ Transport Agency will also be consulting on Raumati Straights, which connects Transmission Gully with Kāpiti Expressway.  By consulting on this section now, we can finalise a decision on appropriate speed limits quicker, ahead of possible safety improvements on the section. 

    “This is all part of the Coalition Government’s agenda to deliver the infrastructure needed to grow the economy, reduce travel times and increase the productivity of our transport network. We’re committed to providing state highways that help people get where they need to go quickly and safely.”  

    Consultation on raising the speed limit for SH1 Transmission Gully and Raumati Straights to 110km/h begins on Friday 30 May and will last six weeks.  You can find more on the NZTA website here: . 

    MIL OSI New Zealand News –

  • MIL-OSI: ReconAfrica Announces First Quarter Filings and Corporate Update

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 29, 2025 (GLOBE NEWSWIRE) — Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces the filing of its fiscal first quarter disclosure documents for the three-month period ended March 31, 2025, including the unaudited consolidated financial statements and Management’s Discussion and Analysis (“MD&A”), which are available on SEDAR+ at www.sedarplus.ca .

    Brian Reinsborough, President and CEO of the Company commented: “ReconAfrica continues to move Prospect I toward spud and management remains excited about this exploration target, which is our largest prospect to be drilled to date. On trend with the Naingopo and Prospect I locations, the Company recently gained access to over five million acres in Angola, and we look forward to working with our partner, ANPG to explore this acreage. Management recognizes its responsibility to all stakeholders to steward the evaluation and exploration process of this vast portfolio with the utmost care. We are keen to continue our work with shareholders, local government, joint venture and community partners.”

    Selected Highlights
    For the first quarter ended March 31, 2025, and subsequent period, we announced:

    • On January 29, 2025, the Namibian Ministry of Mines & Energy approved the previously announced farm-down agreement with BW Energy (“BW”) acquiring a 20% WI in Petroleum Exploration License 073 (“PEL 73”).
    • On January 30, 2025, results from the Naingopo exploration well on PEL 73 aided the Company with the selection of Prospect I as the next drill prospect.
    • On April 17, 2025, ReconAfrica entered a Memorandum of Understanding (“MOU”) with the National Oil, Gas and Biofuels Agency of Angola (“ANPG”), for a joint exploration project in the Etosha-Okavango basin, located onshore in southeastern Angola. The MOU area, which is contiguous to PEL 73 in Namibia, added 5.2 million acres of exploration lands to the Company’s exploration portfolio.
    • On April 30, 2025, an updated NSAI Report was filed on SEDAR+ at www.sedarplus.ca.
    • On May 21, 2025, Mark Friesen, CFA joined the Company as Managing Director, Investor Relations and Capital Markets.


    Operational Update

    Prospect I, located onshore Namibia in Petroleum Exploration License 073 (“PEL 73”), will be the Company’s largest exploration prospect drilled to date. Prioritizing Prospect I as the next drillable prospect was significantly influenced by the drilling results of the Naingopo prospect, which has confirmed the presence of carbonate reservoir, indications of oil observed from the Damara Fold Belt and oil being recovered at surface in the drilling mud system.

    The Company has conducted extensive stakeholder and community engagement activities and obtained local consents. The Company is completing permitting requirements and obtaining all regulatory approvals. Pre-construction activities are currently underway, including, de-brushing, de-mining, access road infrastructure development and drill site preparation. ReconAfrica is committed to continuing to work collaboratively with communities, governments and regulators.

    Management remains encouraged that the sequence of completing the necessary pre-drill activities on Prospect I is progressing toward spudding the well. Permitting for road and pad construction is proceeding and we expect the rig to move in late June with spud shortly thereafter. Any adjustments to the spud date of Prospect I are logistical in nature with management’s view regarding the prospectivity of the target remaining positive and unchanged from earlier communications.

    About ReconAfrica

    ReconAfrica is a Canadian oil and gas company engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia, southeastern Angola and northwestern Botswana, where the Company holds petroleum licences comprising ~13 million contiguous acres. In all aspects of its operations, ReconAfrica is committed to minimal disturbance of habitat in line with international standards and implementing environmental and social best practices in its project areas.

    Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    For further information contact:

    Brian Reinsborough, President and Chief Executive Officer
    Mark Friesen, Managing Director, Investor Relations & Capital Markets

    IR Inquiries Email: investors@reconafrica.com
    Media Inquiries Email: media@reconafrica.com
    Telephone: 1-877-631-1160

    Cautionary Note Regarding Forward-Looking Statements:

    Certain statements contained in this press release constitute forward-looking information under applicable Canadian, United States and other applicable securities laws, rules and regulations, including, without limitation, the timing of permits, timing and sequencing of the next well, actual well results, future drilling activity, resource potential, the updated NSAI Report, the Company’s commitment to minimal disturbance of habitat, in line with best international standards and its implementation of environmental and social best practices in all of its project areas. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on ReconAfrica’s current belief or assumptions as to the outcome and timing of such future events. There can be no assurance that such statements will prove to be accurate, as the Company’s actual results and future events could differ materially from those anticipated in these forward-looking statements as a result of the factors discussed in the “Risk Factors” section in the Company’s annual information form dated April 29, 2025, available under the Company’s profile at www.sedarplus.ca. Actual future results may differ materially. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to ReconAfrica. The forward-looking information contained in this release is made as of the date hereof and ReconAfrica undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

    The MIL Network –

  • MIL-OSI Economics: Canada needs a bold electricity plan—now.

    Source: – Press Release/Statement:

    Headline: Canada needs a bold electricity plan—now.

    Electricity Alliance Canada proposes a new federal playbook to secure this country’s economic future.

    Op-ed by Electricity Alliance Canada: Vittoria Bellissimo (President and CEO, Canadian Renewable Energy Association), Francis Bradley (President and CEO, Canadian Electricity Association), Michelle Branigan (CEO, Electricity Human Resources Canada), George Christidis (President and CEO, Canadian Nuclear Association), Elisa Obermann (Executive Director of Marine Renewables Canada) and Lorena Patterson (President and CEO, WaterPower Canada) 

    As Canada welcomes a new federal government, the electricity sector stands at a pivotal juncture. With climate change accelerating, global energy dynamics shifting, the need for electricity increasing, and potential US tariffs waiting in the wings, we cannot afford to lose our national advantage.

    Canadians expect affordable, reliable, and secure power—and we, Canada’s electricity industry, intend to deliver it.

    Canada’s economy was built on affordable, reliable and abundant power. Today, this country is predominantly powered by clean-energy sources, with hydroelectricity accounting for more than 60 per cent of electricity generation. Renewable energy, such as wind and solar, is growing steadily, alongside energy storage solutions. Nuclear power plays a significant role, especially in Ontario and New Brunswick, with opportunities for expansion in other provinces. 

    But our current supply won’t be enough. Canada produces around 630 TWh of electricity per year, yet every province and territory is forecasting a much greater need. As we electrify our industries, bring manufacturing back home, and digitize our economy, the pressure on electricity systems will grow. To meet this demand, we must make substantial investments in electricity generation, transmission and distribution, which will bolster employment opportunities across this country.

    That’s why we are calling on the new federal government to work with the electricity sector on five urgent priorities.

    First and foremost, the electricity industry needs greater clarity so we can move forward at speed. Slow and uncertain approval processes can stymie investment in major projects, leading to delays, cancellations or higher costs. We need an efficient approval process for major electricity projects, and we need to finalize the Clean Economy Investment Tax Credits (ITCs). Further, given the stated intention to proceed with industrial carbon pricing, we recommend a flexible approach to drive environmental gains while promoting innovation and competitiveness without causing regional or sectoral disadvantages.

    Secondly, Canada cannot move forward on clean energy without Indigenous communities. From coast to coast to coast, Indigenous-led or co-owned projects have been at the forefront of clean-energy initiatives. The federal government should ensure Indigenous voices are central to decision-making processes, and expand funding tools like the Canada Infrastructure Bank (CIB) and Indigenous Loan Guarantee program to enable Indigenous partners to participate fully and on their own terms, promoting Reconciliation.

    Thirdly, Canada has talked for years about energy corridors and grid connections across provinces. Now is the time to turn this talk into action. Canada’s provinces and territories offer diverse energy jurisdictions can benefit from supporting each other. We need collaboration between the federal government, provinces, crown corporations and utilities to support interprovincial energy trade and infrastructure projects, along with interpovincial labour mobility in regulated occupations.

    Supply chains are also critical to our success. To build the grid of the future and support Canada’s growth, we need secure and proven supply chains. Globalized supply chains—on which our electricity projects depend—have faced significant challenges over the past year, including international tariffs, increased regulatory requirements and ongoing trade tensions with the US. The federal government needs to help manage risk and secure the electricity sector’s supply chains.

    Finally, we need a strong system to train and produce skilled workers. Canada’s growing electricity sector relies on a workforce of well-trained tradespeople and engineers to fill new, high-quality job opportunities. This workforce will build and operate a stable, reliable and resilient system that supports Canada’s economic and environmental goals and provides a good quality of life for Canadians. We appreciate the federal government’s past support, now calling on them to continue to invest in long-term training programs to develop an expanded, world-class workforce.

    Affordable, reliable, clean electricity is a strategic Canadian advantage, and the electricity sector is the backbone of our economy. We’ve increased supply while lowering emissions, and we will continue to do so. As we welcome the new federal government, we’re ready to get to work building a strong and resilient electricity system that will meet Canada’s rising demand and secure our economic future. And for this work to succeed, Canada needs a bold electricity plan, now.
    The post Canada needs a bold electricity plan—now. appeared first on Canadian Renewable Energy Association.

    MIL OSI Economics –

  • MIL-OSI: Capital City Bank Group, Inc. Announces Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    TALLAHASSEE, Fla., May 29, 2025 (GLOBE NEWSWIRE) — The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $0.24 per share. The dividend produces an annualized rate of $0.96 per common share and is payable on June 23, 2025 to shareowners of record as of June 9, 2025. The annualized dividend yield is 2.52% based on a closing stock price of $38.06 on May 28, 2025.

    About Capital City Bank Group, Inc.
    Capital City Bank Group, Inc. (NASDAQ: CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximately $4.5 billion in assets. We provide a full range of banking services, including traditional deposit and credit services, mortgage banking, asset management, trust, merchant services, bankcards, securities brokerage services and financial advisory services, including the sale of life insurance, risk management and asset protection services. Our bank subsidiary, Capital City Bank, was founded in 1895 and now has 62 banking offices and 105 ATMs/ITMs in Florida, Georgia and Alabama. For more information about Capital City Bank Group, Inc., visit www.ccbg.com.

    For Information Contact:
    Jep Larkin
    Executive Vice President and Chief Financial Officer
    850.402.8450

    The MIL Network –