Category: Economy

  • MIL-OSI Global: Anxious over AI? One way to cope is by building your uniquely human skills

    Source: The Conversation – Canada – By Nitin Deckha, Lecturer in Justice Studies, Early Childhood Studies, Community and Social Services and Electives, University of Guelph-Humber

    The concern over the loss and transformation of work by generative AI is well-founded and widely documented. (Shutterstock)

    We live in a time of growing anxiety and fear, where the disruptive forces of artificial intelligence (AI), automation, Big Data, virtual reality and augmented reality loom ominously over people’s lives.

    In a recent Scientific American article, psychologist Mary Alvord described how these anxieties are manifesting in her clients. Their concerns ranged from the increase in students cheating with generative AI to the erosion of online data privacy, to more existential fears of job loss and even the “possibility of overall human obsolescence.”

    These aren’t abstract concerns. Beyond the psychologist’s chair, the concern over the loss and transformation of work by generative AI is well-founded and widely documented by academic research studies and reports. As AI becomes more capable and embedded in daily routines, anxieties surrounding it are likely to intensify.

    The future of work

    The World Economic Forum’s (WEF) 2025 Future of Jobs Report found that 85.7 per cent of employers surveyed see AI, information processing, Big Data, virtual reality and augmented reality as the biggest technological driver of business transformation. Robots and automation follow at 57.8 per cent.

    While the report notes that long-term productivity gains from these technologies remain uncertain, it found that certain jobs are being impacted more than others. Roles where generative AI can mimic human capacities — like data entry, administration, legal and executive secretaries, claim adjusters and examiners, and graphic designers — are declining the fastest.

    These findings are corroborated by a recent joint report from the International Labour Organization (ILO) and Poland’s National Research Institute. It found that 25 per cent of jobs are at risk of being changed by generative AI, a number that jumps to 34 per cent in higher-income countries.

    Roles where generative AI can mimic human capacities, like administration, are most at risk of job loss.
    (Shutterstock)

    The report also noted a gendered impact: in high-income countries, 9.6 per cent of jobs held by women are at high risk of automation, compared to just 3.5 per cent of jobs held by men.

    The impact on clerical jobs noted by the WEF is supported by ILO’s data as well. Joining these roles are what the ILO describes as “highly digitized cognitive jobs in media, software, and finance-related” fields.

    The significant exposure of jobs such as securities and finance dealers and brokers, software developers, financial advisers, authors and writers, translators, interpreters and journalists underscores the encroachment of generative AI onto all sorts of “thinking” and creative work.

    It is no wonder psychologists like Alvord suggest some humans are questioning what role they will have in the future world of work.

    Work in a time of disruption

    The COVID-19 pandemic and its impact on work — including the “great resignation” which saw record numbers of employees quitting their jobs — encouraged workers to reflect on their relationship to work.

    Although workplace trends like remote work, flexible hours and employees re-evaluating their job expectations were already underway before the pandemic, COVID-19 accelerated these shifts.

    According to futurists at Policy Horizons Canada, there are a number of “game changers” transforming the future of work. Disruptive technologies like generative AI and automation are just one driver.




    Read more:
    Generative AI can boost innovation – but only when humans are in control


    Another major force is the fraying of the social contract between employers and employees. This shift speaks to larger currents of anxiety, fear and employee disengagement and low morale. Put simply, employers and employees are no longer investing in each other as much as before.

    With the erosion of benefits, the rise of the gig economy and the increasing cost of living, employees were already feeling vulnerable and anxious about their work before the launch of ChatGPT in 2023.

    How can we cope with AI anxiety?

    As with any form of anxiety, it’s important to acknowledge your feelings and take steps to avoid becoming overwhelmed.

    Psychologists suggest several specific strategies for managing anxiety about generative AI. These include: trying out AI tools to figure out how and where they can be useful; taking breaks from technology to restore and revitalize; building new skills; and pursuing activities that activate human creativity and imagination.

    I would like to expand on the third strategy — building new skills. In a recent research study, my colleagues and I investigated the skills that are required to succeed in the future of work. We reviewed six research studies from around the world and created a skills inventory of future of work skills.

    One of the most effective responses to anxiety about AI is focusing on developing our own human capacities.
    (Shutterstock)

    We identified 10 skills that were most frequently identified as key for the future of work: collaboration, communication, creativity and innovation, critical thinking, cross-cultural competency, decision-making and judgment, learning/willingness to learn, problem-solving and social intelligence/perceptiveness.

    For those concerned about remaining employable in the face of AI disruption, focusing on these skills is a practical starting point, as they are likely to remain in demand as workplaces evolve.

    Importantly, all these skills are “human” skills, meaning not digital or technological. In this context, perhaps one of the most effective responses to anxiety about AI is focusing on developing our own human capacities.

    Rethinking our relationship with AI and work

    Researchers argue that the disruptive potential of AI in the workplace involves one of three channels: replacing aspects of human work; complementing or augmenting human workers and their skills; and creating new tasks for workers.

    Of these, the second — complementing or augmenting human work — might be the best path forward. Rather than viewing generative AI solely as a threat, it can be seen as a tool that enhances human abilities.

    Exploring how our own cognitive and creative capacities could be augmented through “collaborative intelligence” with generative AI, might be a useful antidote to being anxious about it.

    Such collaboration may also catalyze our re-imagining of our relationship to work and enhance our sense of purpose in a rapidly changing world.

    Nitin Deckha 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. Anxious over AI? One way to cope is by building your uniquely human skills – https://theconversation.com/anxious-over-ai-one-way-to-cope-is-by-building-your-uniquely-human-skills-256213

    MIL OSI – Global Reports

  • MIL-OSI: AI Finder: Bringing Smart Crypto Investing to the Masses

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 28, 2025 (GLOBE NEWSWIRE) — AI Finder, an ambitious blockchain-AI project built to empower the next generation of crypto investors, has officially launched. With the rapid development of AI technology and its transformative impact on global industries, AI Finder introduces a powerful alternative to centralized platforms by combining decentralized GPU infrastructure with user-customizable AI investment tools.

    The project’s mission is clear: make AI accessible, affordable, and actionable—especially for those navigating the volatile and data-heavy crypto markets. By tapping into underutilized GPU power from around the world, AI Finder lowers the technical and financial barriers that have traditionally excluded everyday users from AI-powered investing.

    Transforming Investment Through AI and Decentralization

    At the heart of AI Finder is a fully decentralized GPU network (“De-GPU”) that allows users and enterprises to contribute spare GPU power to the network. This model not only makes it easier to scale AI training and execution, but also opens up new earning opportunities for both contributors and investors.

    Unlike conventional crypto dashboards or research platforms, AI Finder empowers users to build, train, and deploy their own AI models tailored to their individual investment goals. Whether analyzing low-cap tokens, assessing airdrop potential, or forecasting price movements of the top 100 cryptocurrencies, AI Finder automates the heavy lifting using real-time data, AI inference engines, and pre-built templates.

    This launch marks a significant shift in how investment decisions are made, replacing fragmented tools and gut feelings with precision-driven strategies built on machine learning.

    A Purpose-Built Ecosystem for Smarter Investing

    The foundation of AI Finder lies in its all-in-one ecosystem, designed to support every stage of a crypto investor’s journey. At its core is a decentralized GPU network that powers the training and inference of AI models using computing resources contributed by the community. This is complemented by the AI Model Builder, which offers both no-code and low-code environments for users to design investment strategies tailored to their individual risk profiles and financial goals.’

    The AI Insight Generator helps cut through the noise by transforming complex on-chain data, market news, and token stats into simple, useful insights investors can act on. Layered on top of this is a proprietary large language model (LLM) developed specifically for crypto markets—enabling natural-language querying and decision support unlike anything available through traditional research tools. Together, these components create a seamless, AI-native infrastructure for smarter, faster, and more confident investment decisions.

    Addressing Real Challenges in AI and Crypto

    AI Finder addresses some of the most persistent challenges in both the AI and cryptocurrency landscapes. First, it tackles the growing GPU shortage and the soaring costs of AI computing. By decentralizing access to GPU power, the platform lowers the barrier to entry for both model builders and users who otherwise couldn’t afford high-performance infrastructure.

    It also responds to the issue of fragmented data and information overload. Instead of juggling multiple premium platforms and tools, users can now rely on a single AI-driven interface that streamlines insights and reduces noise. On the security front, its decentralized design replaces traditional centralized systems—which are often opaque, biased, or prone to abuse—giving users more control and transparency over how their data is handled and how models are used.

    Lastly, AI Finder closes the gap in skill accessibility. Its no-code tools make it possible for non-technical investors to build and run sophisticated AI strategies, democratizing technology that was once exclusive to hedge funds and quant teams.

    A Vision for the Future

    AI Finder’s launch is not just a product release—it’s the beginning of a movement toward open, AI-native investing. By combining the precision of artificial intelligence with the openness of blockchain, the platform enables a new class of investors and builders to participate in shaping the financial tools of tomorrow.

    The team behind AI Finder believes that the future of investing will be automated, intelligent, and decentralized—and that every investor deserves access to the same level of insight and infrastructure once reserved for institutions.

    Community Access and Next Steps

    Following its official launch, AI Finder is now opening access to its core modules for early users and contributors. The platform welcomes investors, data scientists, GPU providers, and crypto enthusiasts to participate in shaping its next chapters.

    Join the conversation and become part of the AI-powered investing movement:

    – Telegram: https://t.me/aifinderofficial

    – Twitter/X: https://x.com/AiFinder_world

    – Discord: https://discord.gg/yk2vtguE

    – Contact person name: Peyton Mong

    – Contact person email: support@aifinders.net

    About AI Finder

    Founded in 2024, AI Finder is a decentralized AI infrastructure and trading intelligence platform that helps users build, train, and deploy custom AI models for the crypto market. By utilizing underused GPU resources and offering intuitive AI tools, AI Finder democratizes access to advanced investment insights and algorithmic strategies—making AI-powered investing scalable and inclusive.

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7f0bca28-d131-4561-adad-195607643fd7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/21e9f91a-8a99-45a7-9449-2344afd780f5

    The MIL Network

  • MIL-OSI United Kingdom: Avison Young practices what it preaches by backing Stoke-on-Trent regeneration project

    Source: City of Stoke-on-Trent

    Global property advisor, Avison Young, has put its weight behind Capital&Centric’s Goods Yard in Stoke-on-Trent, taking the entire Pavilion building and relocating its East Midlands team.

    The news comes after Stoke-on-Trent was named by the Sunday Times as one of the best places to invest in the UK earlier this year.

    Both organisations champion the role of urban regeneration and placemaking in improving people’s lives and creating economic growth. Social impact developer, Capital&Centric spends £3m a week on regeneration in towns and cities across the UK, with Goods Yard already creating hundreds of jobs and boosting the local economy by £63m.

    Avison Young will bring further jobs, training and investment into the new neighbourhood when it relocates in the spring.

    It’s not the first time that the two organisations have teamed up, with Avison Young joining forces with Capital&Centric’s Regeneration Brainery, an immersive national programme that aims to get young people from diverse backgrounds fired up about a career in the industry.

    Tom Wilmot, joint managing director at Capital&Centric, said: “There’s a massive buzz about Stoke-on-Trent, with Goods Yard right at the heart of this renaissance. It’s a real vote of confidence from Avison Young in not just the Goods Yard neighbourhood but also the city. What better way to support regeneration than putting your money where your mouth is and calling the place home. Our vision for Goods Yard has always been to create a collaborative mixing pot for like-minded businesses and we’ll be announcing more soon.”

    Nick Walkley, principal and UK president of Avison Young UK, said: “Our presence in Stoke has been long-standing, and moving to this outstanding space underlines our commitment to the city and the UK regions. This new office is going to be a vastly improved environment for our Avison Young colleagues in Stoke. We look forward to working closely with Stoke-on-Trent City Council and with Capital&Centric.”

    Councillor Finlay Gordon-McCusker, cabinet member for transport, infrastructure and regeneration at Stoke-on-Trent City Council, said: “We are delighted to have worked with Capital & Centric to bring the Goods Yard to Stoke-on-Trent and make it a success. This long-awaited development will bring with it economic benefits and new opportunities for businesses, local residents and visitors.

    We are delighted that Avison Young have chosen to base themselves in Stoke-on-Trent and wish them the best of luck in their new home. It’s a remarkable vote of confidence in our city and our future. 

    “I know talks are ongoing with a number of other businesses who have also shown an interest in Goods Yard and we look forward to welcoming them too.”

    With a new direct link to the neighbouring Stoke-on-Trent main line rail station, the 174-home neighbourhood will feature a mix of spaces, with Capital&Centric assembling a complementary variety of businesses, bars, eateries, coffee shops and stores that want to be at the heart of the action when it opens in the spring.

    Goods Yard will also boast a new green space, about the size of a professional tennis court, and a footpath, which will wind through lush plants and shrubs, leading to the interior gardens, with hangout spaces, seating, over 70 trees and stacks of new plants.

    Avison Young is the first commercial business to take space at Goods Yard. Flexible spaces range from 1,200 sq ft to 14,000 sqft and include the Vaults Warehouse; the Victorian Signal Box on Glebe Street; the new build Pavilion workspaces; and the industrial style new build spaces on the ground floor of the apartment building.

    For more information visit www.capitalandcentric.com/goods-yard or email goodsyard@capitalandcentric.com

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Plaid Cymru leader meets EU ambassador to strengthen Wales-Europe ties

    Source: Party of Wales

    Rhun ap Iorwerth says there is a ‘pro-European government in waiting’ in Wales

    Plaid Cymru Leader Rhun ap Iorwerth has today met with the European Union’s Ambassador to the UK, Pedro Serrano, at Europe House in London to discuss strengthening Wales’s relationship with Europe and deepening cooperation in key areas.

    The meeting followed the recent EU-UK summit, where Prime Minister Keir Starmer and EU leaders agreed to ease some post-Brexit trade and travel frictions. While welcoming the progress, Mr ap Iorwerth said the deal did not go far enough and called on the UK Government to pursue a more ambitious reset of relations, including moving towards rejoining the Single Market and Customs Union.

    Since leaving the EU, Wales has suffered disproportionately, with losses estimated at £4 billion to the economy, a £1.1 billion reduction in exports, and the disappearance of £1 billion in former EU structural and rural funding. Post-Brexit trade deals have also weakened the position of Welsh agriculture and manufacturing.

    Plaid Cymru is pressing the UK Government to do more than tinker at the edges and instead restore meaningful economic and political ties with the EU.

    The meeting also turned to foreign affairs issues, with Mr ap Iorwerth also raising concerns over Israel’s actions in Gaza and reiterating his party’s support for Ukraine.

    Speaking after the meeting, Rhun ap Iorwerth said:

    “I thank the Ambassador for a constructive meeting on the important relationship between Wales and the EU. Ahead of next year’s Senedd election, I wanted to make clear to our EU partners that with Plaid Cymru, there is a pro-European government in waiting in Wales that is serious and honest about the importance of improving our cooperation with our neighbours.

    “The recent summit must be seen as a beginning, not an endpoint. Brexit has caused deep damage to Wales’s economy, and unless the structural barriers to trade and investment are removed, the UK Government’s growth ambitions will remain unrealised. Rejoining the Single Market and Customs Union is the most effective way to reverse this damage. This is about giving Welsh businesses, farmers and young people the opportunities they deserve.

    “I reiterated Plaid Cymru’s proposal for a Welsh European Alignment Act – to reclaim powers we should never have lost and realign Welsh law with essential EU standards when in Wales’s best interest.

     

    The meeting also touched on a number of other foreign affairs issues, including Gaza and Ukraine. Mr ap Iorwerth said:

    “Plaid Cymru has consistently spoken out against Israel’s use of disproportionate force, and I welcome the EU’s decision to initiate a review of Israel’s compliance with its obligations under international law under the EU-Israel Association Agreement. I voiced my horror at Israel’s crimes in Gaza. I also reiterated that any future Plaid Cymru-led government would be committed to European cooperation in support of Ukraine.

    “Plaid Cymru offers a vision of hope – of a Wales that works with our neighbours, stands up for human rights, and gives our young people a future to believe in.”

    MIL OSI United Kingdom

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

    US Senate News:

    Source: United States Senator for Texas John Cornyn
    WASHINGTON – U.S. Sens. John Cornyn (R-Texas), Ted Cruz (R-Texas), Roger Wicker (R-Miss.), and Tim Scott (R-S.C.) reintroduced the Protect LNG Act. The legislation ensures that a court cannot vacate a previously authorized LNG permit, clarifies the venue for LNG lawsuits before federal courts, and mandates that courts grant expedited decisions in relevant cases.
    “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 Sen. 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.”
    “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,” said Sen. Cruz. “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.”
    “The United States has an abundance of LNG, which is essential for establishing American energy dominance and safeguarding our national security,” said Sen. Wicker. “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.”
    “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. 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,” said Sen. Scott. “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.”
    Companion legislation was introduced in the House by Rep. Wesley Hunt (R-Texas-38).
    “Natural gas is the most impactful green initiative on the planet—it has the power to lift entire nations and communities out of poverty. Yet sadly, natural gas and LNG have been weaponized by the radical left and the climate cartel, driving up energy costs for hardworking Americans—just as we’re still reeling from the disastrous effects of Biden-flation,” said Rep. Hunt. “I’m proud to lead Senator Cruz’s effort in the House to strengthen our domestic LNG industry and ensure it provides the energy security and economic strength our nation needs.”
    Read the full text of the bill here.
    Background:
    This bill would: 
    Ensures that a federal court cannot vacate previously authorized permits for Liquified Natural Gas (LNG) facilities.
    Specifies 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. 
    Sets 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 Global: Have sanctions against Russia backfired? What apartheid-era South Africa tells us about who may be profiting

    Source: The Conversation – UK – By John Luiz, Professor of International Management and Strategy, University of Sussex

    There are no longer any golden arches logos in Russia, but is the firm hoping for a return? forden/Shutterstock

    Even as the war in Ukraine grinds on, some multinational companies are quietly positioning themselves for a thaw in relations with Russia.

    Many of those who rushed to divest from the country, selling off assets after the full-scale invasion in 2022, may now be reassessing their options. It’s also becoming clear that some of these companies never completely left to begin with.

    What is apparent is that divestment was, in many cases, provisional rather than permanent – with firms embedding “buy-back” clauses in their sales contracts, or structuring their exits in ways that would make future re-entry simple.

    This should not come as a surprise. Our research into foreign divestment from apartheid-era South Africa shows this is a well-trodden business path.

    In South Africa, sanctions inadvertently strengthened local white business elites aligned with the ruling regime. Multinationals sold their assets under pressure – often at discounts, often to the local companies of politically connected elites – and later bought them back at a premium.

    Today, the same dynamic could be playing out in Russia.

    When Russia invaded Ukraine in 2022, more than 1,600 multinational enterprises announced they were pulling out of the country. However, reports last year suggested that 2,175 foreign companies, including some who had announced they were pulling out, remained in Russia – and were becoming increasingly open about their operations.

    One CEO stated that investors did not “morally care” about doing business in Russia, and that if they pulled out, rivals would simply take their place.

    Even for those companies that did leave, many of these exits were more symbolic than substantial. Research has shown that even companies that claimed to have fully divested left behind options to return.

    Carmaker Nissan, for example, appears to have sold its Russian subsidiary to state-owned NAMI in 2022 with a six-year buy-back clause. In a statement at the time, the company said the terms allowed it “the option to buy back the entity and its operations within the next six years”.

    And fast-food giant McDonald’s can reportedly reacquire its Russian business within 15 years. A statement from McDonald’s in 2022 said that, for the first time in its history, it was “de-Arching” a major market – but suggested it hoped to return eventually.

    Such arrangements, often quietly written into exit contracts, allow multinationals to comply with sanctions in the short term – while keeping the door open for a future comeback.

    In many cases, the operations have continued seamlessly under new ownership. While the brand names may have changed in Russia, the staff and product designs remain almost identical. And sometimes, the foreign supply chains and intellectual property are still in play too.

    Who profits?

    The South African precedent is instructive. During the 1980s, foreign companies divested under pressure from shareholders, activists and governments over apartheid. But very few truly left. Most sold their operations to local elites – powerful business groups aligned with the ruling regime. They then continued to supply products, license trademarks and support operations through quiet back channels.

    The intention of sanctions is to weaken the sanctioned state. However, our study shows that the economic value created by foreign multinationals in South Africa did not disappear.

    The aim of sanctions against Russia is to weaken the economic position of the Kremlin.
    E.O./Shutterstock

    In Russia, foreign companies have sold assets at big discounts to Russian oligarchs and state-linked entities since 2022. In some cases, the buyers were longstanding local partners or franchisees. In others, they were entities unknown to consumers but which were thought to have close ties to the Kremlin.

    The consequences are predictable. Rather than weakening the regime’s economic base, sanctions may have consolidated it. As in South Africa, the departure of foreign firms appears to have strengthened domestic elites and allowed them to accumulate new assets and market power.

    Some companies that left Russia are reported to be reconsidering their decisions. Negotiations are taking place behind the scenes about how to ree-stablish operations should conditions shift. Their re-entry may be smoothed by structures – buy-back clauses, licensing deals or local partnerships – that firms put in place on their way out.

    This strategy mirrors what we found in South Africa. In the 1990s, once apartheid ended, foreign multinationals returned in large numbers. But they didn’t start from scratch. They repurchased their former assets, often at a much higher price, from the local elites.

    In short, in the case of South Africa at least, the period of supposed withdrawal was often one of careful preparation for re-entry. Meanwhile, our study also found that South African conglomerates used their windfalls to fund international expansion and entrench their power in the new economy.

    Unintended results

    Sanctions remain a key tool of international diplomacy. But our research shows their effectiveness depends heavily on how firms implement them – and who ends up with the assets that are divested. If those assets are consistently transferred to politically connected insiders, the long-term outcome may be to reinforce the very regimes the sanctions were intended to pressure.

    Sanctions policy should not just consider whether firms have divested, but how and to whom. Without that, even the most well-intentioned measures may end up producing unintended results.

    This means that governments should go beyond imposing sanctions and develop mechanisms to ensure transparency, monitoring and accountability in how corporate exits are structured.

    South African sanctions are generally seen as having played a useful role in ending apartheid. But as unemployment and inequality continue to plague the country along old institutional lines, the South African experience offers a clear historical warning. If sanctions are meant to promote accountability and change, it’s vital to pay close attention to what happens after the headlines fade.

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

    ref. Have sanctions against Russia backfired? What apartheid-era South Africa tells us about who may be profiting – https://theconversation.com/have-sanctions-against-russia-backfired-what-apartheid-era-south-africa-tells-us-about-who-may-be-profiting-257422

    MIL OSI – Global Reports

  • MIL-OSI: Societe Generale: the Board of Directors launches a co-option procedure of a woman Director

    Source: GlobeNewswire (MIL-OSI)

    THE BOARD OF DIRECTORS LAUNCHES A CO-OPTION PROCEDURE OF A WOMAN DIRECTOR

    Press release

    Paris, 28 May 2025

    The Board of Directors, on 28 May 2025, acknowledged the resignation of Mrs. Béatrice Cossa-Dumurgier from her duties as Director of Societe Generale, incompatible with her new professional responsibilities.

    This resignation was notified to Societe Generale with immediate effect.

    Consequently, in accordance with Article L. 225-24 paragraph 4 of the French Commercial Code, upon the proposal of the Nomination and Corporate Governance Committee, a co-option procedure of a woman director has been launched.

    Mr. Lorenzo Bini Smaghi, Chairman of the Board of Directors, thanks Mrs. Béatrice Cossa-Dumurgier for her participation in the work of the Societe Generale Board of Directors.

    Press contacts:
    Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com
    Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com

    Societe Generale

    Societe Generale is a top tier European Bank with around 119,000 employees serving more than 26 million clients in 62 countries across the world. We have been supporting the development of our economies for 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading franchises are part of our DNA and serve our most essential objective – to deliver sustainable value creation for all our stakeholders.

    The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:

    • French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital bank BoursoBank.
    • Global Banking and Investor Solutions, a top tier wholesale bank offering tailored-made solutions with distinctive global leadership in equity derivatives, structured finance and ESG.
    • Mobility, International Retail Banking and Financial Services, comprising well-established universal banks (in Czech Republic, Romania and several African countries), Ayvens (the new ALD I LeasePlan brand), a global player in sustainable mobility, as well as specialized financing activities.

    Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

    In case of doubt regarding the authenticity of this press release, please go to the end of the Group News page on societegenerale.com website where official Press Releases sent by Societe Generale can be certified using blockchain technology. A link will allow you to check the document’s legitimacy directly on the web page.

    For more information, you can follow us on Twitter/X @societegenerale or visit our website societegenerale.com.

    Attachment

    The MIL Network

  • MIL-OSI: Digital Ascension Group Launches Validator Node on Constellation Network to Support Enterprise-Ready Decentralized Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    Dallas, Texas, May 28, 2025 (GLOBE NEWSWIRE) — Digital Ascension Group has officially announced the deployment of its validator node on Constellation Network ($DAG), a highly scalable Layer 0 protocol built to enable secure, efficient, and interoperable data exchange across platforms.

    Digital Ascension Group Launches Validator Node on Constellation Network

    By operating a validator, the firm is stepping into a key role within the network’s ecosystem, helping secure the protocol and support the integrity of its core infrastructure. This move reflects Digital Ascension Group’s continued focus on contributing to practical blockchain solutions that are ready for large-scale, real-world use.

    “We see Constellation’s Metagraph architecture as a foundational piece of the next digital infrastructure. Running a validator aligns with our long-term strategy of supporting real-world adoption of decentralized technology,” said Max Avery, Chief Business Development Officer at Digital Ascension Group.

    “We’re here to help bring credibility, transparency, and community-driven governance to networks that actually scale.”

    Metagraphs, specialized, application-focused blockchains within Constellation, are at the center of this strategy. Digital Ascension Group plans to play an active part in the growth of these Metagraphs, which are engineered to serve specific enterprise and public sector needs.

    Alongside its validator work, the firm is now exploring the creation of a Metagraph aimed at family offices. The concept is to build a secure and compliant decentralized framework that handles sensitive tasks across global jurisdictions.

    Digital Ascension Group sees Constellation’s Layer 0 framework as uniquely positioned to support these needs, with its modular structure allowing each Metagraph to operate independently while still contributing to a larger, interoperable system. Use cases already range from IoT data validation and supply chain integrity to decentralized identity and secure government infrastructure.

    Through initiatives like validator deployment and Metagraph development, Digital Ascension Group continues to develop a growing role as a connector between traditional finance and decentralized technologies, laying the groundwork for secure, high-functioning digital asset systems built to solve real market challenges.

    About Digital Ascension Group

    Digital Ascension Group is a forward-thinking multi-family office specializing in digital assets (crypto / blockchain). Our mission is to empower High-Net-Worth (HNW) and Ultra-High-Net-Worth (UHNW) individuals, as well as Family Offices, to confidently navigate the rapidly evolving digital asset landscape. We provide a comprehensive suite of services designed to address the unique needs and opportunities in this dynamic sector. From investment strategy and risk management to regulatory compliance and custody solutions, Digital Ascension Group delivers tailored strategies that prioritize sustainable wealth protection and growth. With a deep understanding of blockchain technology, cryptocurrency markets, and tokenized assets, we bridge the gap between traditional wealth management and the cutting-edge world of digital finance. Our expert team ensures that our clients remain at the forefront of innovation while maintaining the security and stability their wealth demands.

    Press inquiries

    Digital Ascension Group
    https://www.digitalfamilyoffice.io
    Max Avery
    max@digitalfamilyoffice.io
    307-243-3711
    9100 John W Carpenter Fwy
    Dallas, Texas 75247

    The MIL Network

  • MIL-OSI: Syneris Launches to Break Barriers in AI Infrastructure with Decentralized Compute Power

    Source: GlobeNewswire (MIL-OSI)

    BIRKIRKARA, Malta, May 28, 2025 (GLOBE NEWSWIRE) — Syneris.tech officially announces the launch of its full-stack Decentralized AI Infrastructure, aiming to transform the global AI development landscape by unlocking affordable AI development at scale. As demand for artificial intelligence continues to surge across sectors, Syneris steps in with a bold mission: to decentralize access to high-performance computing, enabling more builders, startups, researchers, and enterprises to create and deploy AI without the traditional limitations of cost, centralization, and technical gatekeeping.

    “We believe the future of AI shouldn’t belong to a handful of tech giants,” says the Syneris team. “It should be open, collaborative, and powered by the people.”

    A Global Problem Meets a Scalable Solution

    In today’s AI race, the high cost of computing remains a major bottleneck. Traditional GPU resources are increasingly monopolized by a handful of tech giants, making access to AI computing platforms prohibitively expensive for smaller teams and independent developers. Training advanced models like GPT-4 or AlphaGo can cost between $10 – 20 million, requiring thousands of high-performance GPUs.

    Ironically, more than 50% of global GPU capacity is sitting idle — locked away in personal devices, gaming rigs, and institutional hardware that’s rarely optimized for AI workloads.

    At the same time:

    – 85% of AI startups cite compute costs as a top barrier to model training and deployment.

    – Cloud GPU prices have tripled over the past two years due to supply shortages and centralized control.

    – Over 70% of global AI infrastructure is owned by fewer than five major tech corporations.

    This level of centralization stifles innovation, restricts access, and deepens inequality in the AI ecosystem. It turns progress into a privilege of scale, not a function of talent or creativity.

    Syneris offers a better way. Our hybrid GPU computing network aggregates underused GPUs and CPUs from across the globe and transforms them into a Decentralized AI Infrastructure. This approach dramatically reduces cost while unlocking access to computing resources for the 99%.

    Contributors are rewarded with transparent, token-based incentives — creating a fair and self-sustaining ecosystem where computational power is not hoarded, but shared.

    Built for Builders: AI Tools for All

    At the heart of Syneris is a complete suite of tools for the AI development lifecycle. From code-free model creation to enterprise-grade deployment, the AI computing platform supports users of all technical backgrounds. Developers can build and test models with intelligent assistance, including real-time coding support and automated debugging tools. Non-developers can experiment with powerful no-code and low-code interfaces, crafting custom models using pre-built templates and visual workflows.

    Through its flagship product line, Syneris Generation AI, users can generate human-like content across text, images, video, and voice with minimal resource consumption. These tools open doors for applications in marketing, media, automation, education, and beyond — all part of a commitment to affordable AI development.

    AI World: A Decentralized Marketplace for AI Intelligence

    Syneris is not just an infrastructure provider — it is also a Decentralized AI Marketplace. The “AI World” platform allows model creators to publish, monetize, and continuously improve their AI models. Businesses can browse categorized libraries of AI solutions tailored to industry verticals, performance needs, and budget constraints. Transparent performance metrics, reviews, and demo options ensure reliability and reduce decision-making risk.

    This Decentralized AI Marketplace fosters open collaboration, allowing builders and users to connect, share feedback, and co-create higher-value solutions. All transactions are executed with Syneris tokens, ensuring seamless commerce within a secure digital economy.

    Strategic Scaling Through Smart Integration

    To ensure scalability from day one, Syneris has strategically integrated with leading GPU computing networks such as Aethir and io.net. This enables the AI computing platform to meet immediate computational demand while it concurrently develops its proprietary infrastructure.

    Over time, Syneris aims to reduce dependency on third-party systems and move toward full operational independence — without compromising on performance, scalability, or global reach.

    Looking ahead, the platform’s long-term vision is to become a fully self-sustaining, community-owned Decentralized AI Infrastructure — empowering millions to access AI freely, without the need for permission or the burden of premium costs imposed by centralized gatekeepers.

    Laying the Foundation for an Open AI Future

    As artificial intelligence redefines the way societies function, there is a growing responsibility to ensure that the benefits of AI are broadly distributed — not concentrated in the hands of the few. Syneris recognizes this need and responds with a technically sophisticated yet community-first approach. It is not just enabling access to AI tools; it is reshaping the ownership model of AI infrastructure itself.

    Developers, GPU contributors, AI builders, and enterprises are invited to become part of the Syneris ecosystem — where intelligence is built together, not rented from the top.

    Explore Syneris

    Website: https://syneris.tech
    X/Twitter: https://x.com/syneris_ai
    Telegram: https://t.me/synerisai
    Discord: https://discord.gg/A5QDgunqXD
    Contact: contact@syneris.tech
    Name: Peter Miles

    About Syneris

    Syneris is a Decentralized AI Infrastructure and AI computing platform built to democratize access to machine intelligence. By connecting unused GPU and CPU resources into a global GPU computing network, Syneris provides scalable, affordable AI development and a dynamic Decentralized AI Marketplace, all underpinned by a contributor-driven token economy.

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

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    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4eaf1109-1977-43ef-bb72-af0b2da8afbe

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    The MIL Network

  • MIL-OSI Africa: Most South African farmers are black: why Trump got it so wrong

    Source: The Conversation – Africa – By Johann Kirsten, Director of the Bureau for Economic Research, Stellenbosch University

    When world leaders engage, the assumption is always that they engage on issues based on verified facts, which their administrative staff are supposed to prepare. Under this assumption, we thought the meeting at the White House on 21 May between South Africa’s president, Cyril Ramaphosa, and US president Donald Trump would follow this pattern.

    Disappointingly, the televised meeting was horrifying to watch as it was based on misrepresenting the reality of life in South Africa.

    Issues of agriculture, farming and land (and rural crime) were central to the discussions. What is clear to us as agricultural economists is that the skewed views expressed by Trump about these issues originate in South Africa. This includes Trump’s statement: “But Blacks are not farmers.”

    In our work as agricultural economists, we have, in many pieces and books (our latest titled The Uncomfortable Truth about South Africa’s Agriculture), tried to present South Africans with the real facts about the political economy policy reforms and structural dimensions of South African agriculture.

    Writing on these matters was necessary given that official data – agricultural census 2017, as well as the official land audit of 2017 – all provide an incomplete picture of the real state and structure of South African agriculture. The reason is that the agricultural census, which is supposed to provide a comprehensive and inclusive assessment of the size and structure of the primary agricultural sector, and the land audit, which was supposed to record the ownership of all land in South Africa, are incomplete in their coverage.

    The incomplete and inaccurate official data provides fertile ground for radical statements by the left and the right – and novices on social media. This is why South Africa has to deal with falsehoods coming from the US. These include Trump’s statement that black people are not farmers in South Africa.

    South Africa is to blame for providing inaccurate data to feed these false narratives.

    The facts presented here should allow a more nuanced interpretation of South Africa’s farm structure. Firstly, there are more black farmers in South Africa than white farmers. And not all white commercial farm operations are “large-scale”, and not all black farmers are “small-scale”, “subsistence” or “emerging”. Most farm operations can be classified as micro, or small in scale.

    This is important so that one doesn’t view South Africa’s agriculture as mainly white farmers. Indeed, we are a country of two agricultures with black farmers mainly at small scale and accounting for roughly 10% of the commercial agricultural output. Still, this doesn’t mean they are not active in the sector. They mainly still require support to expand and increase output, but they are active.

    The facts

    In the wake of the circus in the Oval Office, we were amazed by the total silence of the many farmers’ organisations in South Africa. We have not seen one coming out to reject all of Trump’s claims. The only thing we can deduce from this is that these falsehoods suit the political position of some farmer organisations. But at what cost? Will many of their members be harmed by trade sanctions or tariffs against South Africa? The US is an important market for South Africa’s agriculture, accounting for 4% of the US$13.7 billion exports in 2024.

    When Ramaphosa highlighted the fact that crime, and rural crime in particular, has an impact on all South Africans and that more black people than white people are being killed, Trump’s response was disturbing, to say the least: “But Blacks are not farmers”. This requires an immediate fact check.

    We returned to the text from our chapter in the Handbook on the South African Economy we jointly prepared in 2021. In the extract below, we discuss the real numbers of farmers in South Africa and try to provide a sensible racial classification of farmers to denounce Trump’s silly statement.

    As highlighted earlier, the two latest agricultural censuses (2007 and 2017) are incomplete as they restricted the sample frame to farm businesses registered to pay value added tax. Only firms with a turnover of one million rands (US$55,500) qualify for VAT registration.

    We were able to expand the findings from the censuses with numbers from the 2011 population census and the 2016 community survey to better understand the total number of commercial farming units in South Africa. The Community Survey 2016 is a large-scale survey that happened between Censuses 2011 and 2021. The main objective was to provide population and household statistics at municipal level to government and the private sector, to support planning and decision-making.

    Data from the 2011 population census (extracted from three agricultural questions included in the census) shows that 2,879,638 households out of South Africa’s total population, or 19.9% of all households, were active in agriculture for subsistence or commercial purposes.

    Only 2% of these active households reported an annual income derived from agriculture above R307,000 (US$17,000). This translates into 57,592 households that can be considered commercial farmers, with agriculture as the main or only source of household income. This corresponds in some way with the 40,122 farming businesses that are registered for VAT as noted in the 2017 agricultural census report.

    If we use the numbers from the agricultural census it is evident almost 90% of all VAT-registered commercial farming businesses could be classified as micro or small-scale enterprises. If the farm businesses excluded from the census are accounted for under the assumption that they are too small for VAT registration, then the fact still stands that the vast majority of all farm enterprises in South Africa are small family farms.

    There are, however, 2,610 large farms (with turnover exceeding R22.5 million (US$1.2 million per annum) which are responsible for 67% of farm income and employed more than half the agricultural labour force of 757,000 farm workers in 2017.

    Another way to get to farm numbers is to use the 2016 Community Survey. Using the shares as shown in Table 2, we estimate there are 242,221 commercial farming households in South Africa, of which only 43,891 (18%) are white commercial farmers. (This is very much in line with the VAT registered farmers but also acknowledging the fact that many white farm businesses are not necessarily registered for VAT.)

    Let’s consider only the agricultural households with agriculture as their main source of income, surveyed in the 2016 community survey. We end up with a total of 132,700 households, of whom 93,000 (70%) are black farmers. This reality is something that policy makers and farm organisations find very difficult to deal with and it seems that Trump also found this too good to be true.

    We have tried here in a long winded way to deal with farm numbers and how to get to a race classification of farmers in South Africa. In the end we trust that we have managed to show that there are more black farmers in South Africa than white farmers. Their share in total output is smaller than that of their white counterparts. The National Agricultural Marketing Council puts black farmers’ share of agricultural production as roughly 10%. But these numbers are also incomplete and largely an undercount.

    It will always be challenging to get to the real number of black farmers’ share of agricultural output as nobody would ever know whether the potato or the cabbage on the shelf came from a farm owned by a black farmer or a white person but operated by a black farmer, for example. As South Africans know, the labour on farms, in pack houses, distribution systems and retail are all black. So, the sweat and hard work of black South African workers are integral to the food supply chain in South Africa.

    Let’s get these facts straight and promote them honestly.

    – Most South African farmers are black: why Trump got it so wrong
    – https://theconversation.com/most-south-african-farmers-are-black-why-trump-got-it-so-wrong-257668

    MIL OSI Africa

  • MIL-OSI USA: Speaker Johnson Makes a Trio of Sunday Show Appearances Touting House Passage of The One Big Beautiful Bill

    Source: United States House of Representatives – Representative Mike Johnson (LA-04)

    WASHINGTON — This morning, Speaker Johnson joined CNN’s State of the Union, Fox News’ Fox News Sunday, and CBS News’ Face the Nation to discuss the historic, House-passed One Big Beautiful Bill Act and outlined the necessity of sending the final bill to President Trump’s desk by July 4.

    Watch Speaker Johnson on CNN here, Fox News here, and CBS here.

    On working with the Senate:

    I’ve been very consistent with our colleagues in the Senate. We worked hand in glove with them all through this process, remembering that the House began this more than a year ago, it was March of last year when we got our committee chairs together and told them to begin to prepare for this massive reconciliation package. We believed at that time, more than a year ago, that we would win the White House and Senate and the House and have unified government and have this, really once in a generation opportunity to do so much in one piece of legislation.

    I met with the Senate Republicans, all my colleagues over there last week on Tuesday at their weekly luncheon. And I encouraged them to do their work, of course as we all anticipate, but to make as few modifications to this package as possible, remembering that we’ve got to pass it one more time to ratify their changes in the House. And I have a very delicate balance here, a very delicate equilibrium that we’ve reached over a long period of time, and it’s best not to meddle with it too much.

    On getting the One Big Beautiful Bill passed by July 4:

    The reason I tried to get this done, and we did get it done, before Memorial Day and send it to the Senate is so the President can be signing this into law by Independence Day on July 4th. Why is that so important? Because we’ve got to get relief to the American people and that we also need to, for political purposes, give a lot of time, enough time for everyone to see that this package actually is what we say. It’s going to help the country, it’s going help the economy, it’s going to help all boats to rise, just as we did after the first two years of the first Trump administration. And so we’re anxious to get this signed into law so people feel it and see it before that midterm election, and they understand it is the Republicans who are doing the best for hardworking Americans, low-income families, and everyone who deserves a better shot.

    On Democrat falsehoods around Republican efforts to strengthen Medicaid:

    We have not cut Medicaid, and we have not cut SNAP. What we’re doing, Margaret, is working on fraud, waste, and abuse. And everyone in Louisiana and around the country understands that that’s a responsibility of Congress. Just in Medicaid, for example, you’ve got 1.4 million illegal aliens receiving those benefits. That is not what Medicaid is intended for. It’s intended for vulnerable populations, for young single pregnant women and, and the elderly and the disabled and people who desperately need those resources. Right now, they’re being drained by fraud, waste, and abuse.

    You got about 4.8 million people on Medicaid right now nationwide, who are able-bodied workers, young men, for example, who are not working, who are taking advantage of the system. If you are able to work and you refuse to do so, you are defrauding the system, you’re cheating the system, and no one in the country believes that that’s right. So, there’s a moral component to what we’re doing. And when you make young men work, it’s good for them. It’s good for their dignity, it’s good for their self-worth and it’s good for the community that they live in.

    On criticism of the One Big Beautiful Bill Act:

    Well, I agree wholeheartedly with what my dear friend Rand Paul said. I love his conviction, and I share it. The national debt is the greatest threat to our national security and deficits are a serious problem. What I think Rand is missing on this one is the fact that we are quite serious about this. This is the biggest spending cut, Shannon, in more than 30 years. We’re going to cut one over $1.5 trillion in spending, it’s a big leap forward. The last time we had a spending cut was three decades ago, and it was only $800 billion even adjusted for inflation. This is the biggest spending cut, I think, in the history of government, on planet Earth. Now, is it enough? Of course not. But we have a very delicate balance, and we have to start the process.

    I liken this to an aircraft carrier. You don’t turn an aircraft carrier on a dime. It takes a mile of open ocean. And so, it took us decades to get into this situation. This is a big step to begin to turn that aircraft carrier. One important point about what he said, it sounds like his biggest objection is the fact that we are extending the debt ceiling. That’s a critically important thing to do. We have to do it. We’re not going to get any Democrats to assist on that. So, to get it through the Senate and make sure we don’t crash the US economy and default on our debts for the first time in history, it has to be part of the reconciliation package. And that’s why the President Trump and all the other Republicans in Congress, House and Senate understand the necessity of this.

    Important point here. It does not mean that we’re going to spend more money. We’re extending the debt ceiling to show to creditors, the bond markets, the stock market, that the Congress is serious about this. President Trump is dialed in 100%. He is a visionary leader. He does not want to spend more money… Russ Vought is the director of the Office of Management and Budget, long seen as a strict fiscal hawk, as I liken myself to be as well. And Rand Paul is one who has applauded and said great things about Russ Vought’s perspective. Russ said about two weeks ago that the criticism on fiscal grounds about this bill is profoundly inaccurate.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Sen. Sonya Halpern Appointed to Senate Study Committee on Making Georgia the No. 1 State for Tourism

    Source: US State of Georgia

    ATLANTA (May 28, 2025) — Last week, Lt. Governor Burt Jones appointed Sen. Sonya Halpern (D–Atlanta) to the Senate Study Committee on Making Georgia the No. 1 State for Tourism.

    “I’m honored to serve as a member of the Senate Study Committee on Making Georgia the No. 1 State for Tourism,” said Sen. Halpern. “As a business owner in the hospitality sector and a champion for Georgia’s creative economy, I understand firsthand how tourism fuels jobs, small business growth and cultural vitality. From our world-class airport and restaurant scene to our music, history, and natural beauty, Georgia has every ingredient to lead the nation, and I’m excited to help us get there.”

    The Senate Study Committee on Making Georgia the No. 1 State for Tourism is tasked with discovering opportunities to promote and develop tourism in all regions of the state. Sen. Drew Echols (R-Gainesville) will serve as Chairman of the committee. Additional Senate members appointed to the committee include Sen. Frank Ginn (R–Danielsville), Sen. Russ Goodman (R–Cogdell) and Sen. Emanuel Jones (D–Decatur).

    More information about Senate Study Committees can be found here.

    # # # #

    Sen. Sonya Halpern serves as Democratic Caucus Vice Chair. She represents the 39thSenate District, which includes a portion of Fulton County. She may be reached at (494) 656-9644 or via email at Sonya.Halpern@senate.ga.gov

    For all media inquiries, please reach out to SenatePressInquiries@senate.ga.gov.

    MIL OSI USA News

  • MIL-OSI Economics: Laos’ large hydropower capacity to reach 16GW in 2035, forecasts GlobalData

    Source: GlobalData

    Laos’ large hydropower capacity to reach 16GW in 2035, forecasts GlobalData

    Posted in Power

    Laos’ Ministry of Energy and Mines (MEM) has set a goal to reach hydropower capacity of 12GW by 2025 and 20GW by 2030, with the objective of facilitating regional exports. The nation is poised to export renewable electricity to Thailand, Cambodia, and Vietnam, and to a lesser extent, to Myanmar and Malaysia. Against this backdrop, large hydropower capacity in the country is expected to reach 16GW in 2035, registering a compound annual growth rate (CAGR) of 4.8% during 2024-35, according to GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “Laos Power Market Outlook to 2035, Update 2025 – Market Trends, Regulations, and Competitive Landscape,” reveals that annual large hydropower generation in Laos is expected to increase at a CAGR of 4.6% between 2024-35 to reach 63.5TWh. Although at the current pace, the country is expected to fall short of its 2030 target, proper policy enforcement and time-bound targets will enable it to bridge this gap.

    In 2011, the country released Renewable Energy Development Strategy, setting a target to achieve 30% of energy consumption to be sourced from renewables by 2025. The government has primarily focused on hydropower along with biomass energy.

    Attaurrahman Ojindaram Saibasan, Senior Power Analyst at GlobalData, comments: “Laos has established itself as a net exporter of electricity, earning the moniker “Battery of Southeast Asia.” The nation produces an excess of electricity beyond its domestic needs, facilitating the export of this surplus to neighboring countries, with Thailand, Vietnam, China, and Cambodia being the primary beneficiaries. The country engages in the exportation of electricity through long-term Power Purchase Agreements (PPAs) with these adjacent nations. Laos is planning to export 9GW of electricity to Thailand by 2025 and 5GW to Vietnam by 2030.”

    Thailand stands as the foremost recipient of Laotian electricity, utilizing both 500kV and 230kV transmission lines for this purpose. Vietnam ranks next, receiving electricity via 220kV and 500kV transmission lines.

    Saibasan concludes: “Laos relies significantly on export revenue, which renders its economy susceptible to fluctuations in external markets. To manage the increasing cross-border electricity flows, there is a pressing need for infrastructure enhancements. Moreover, as prices are frequently determined by purchasers such as Thailand and Vietnam, Laos finds its bargaining power constrained. The country should look to invest in energy storage systems and upgrading its grid to overcome these challenges.”

    MIL OSI Economics

  • MIL-OSI USA: 05.28.2025 Sen. Cruz, Colleagues Introduce Protect LNG Act

    US Senate News:

    Source: United States Senator for Texas Ted Cruz

    WASHINGTON, D.C. – U.S. Sens. Ted Cruz (R-Texas), John Cornyn (R-Texas), Roger Wicker (R-Miss.), and Tim Scott (R-S.C.) reintroduced the Protect LNG Act. The legislation ensures that a court cannot vacate a previously authorized LNG permit, clarifies the venue for LNG lawsuits before federal courts, and mandates that courts grant expedited decisions in relevant cases.
    Sen. Cruz said, “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.”
    Sen. Cornyn said, “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. 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.”
    Sen. Wicker said, “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.”
    Sen. Scott said, “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. 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.”
    Companion legislation was introduced in the House by Rep. Wesley Hunt (R-Texas-38).
    Rep. Hunt said, “Natural gas is the most impactful green initiative on the planet—it has the power to lift entire nations and communities out of poverty. Yet sadly, natural gas and LNG have been weaponized by the radical left and the climate cartel, driving up energy costs for hardworking Americans—just as we’re still reeling from the disastrous effects of Biden-flation. I’m proud to lead Senator Cruz’s effort in the House to strengthen our domestic LNG industry and ensure it provides the energy security and economic strength our nation needs.”
    Read the full text of the bill here.
    BACKGROUND:
    This bill would:

    Ensures that a federal court cannot vacate previously authorized permits for Liquified Natural Gas (LNG) facilities.

    Specifies 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. 

    Sets a 90-day clock for lawsuits challenging a federal permit for an LNG facility and requires expedited review of lawsuits against LNG facilities.

    Sen. Cruz has long been a leader in unleashing America’s energy potential and protecting America’s traditional energy industry. He called out the previous administration for undermining the oil and gas industry and urged them to expedite the permit process for LNG projects.

    In April 2024, Sen. Cruz sent a letter urging for an extension of time to Delfin LNG LLC’s approval to export LNG after the Biden administration’s deference to the radical climate lobby. During the nomination hearing for Sean Duffy to be Secretary of Transportation, Sen. Cruz pointed out the Biden administration’s hostility towards the oil and gas industry, citing the previous administration’s failure to approve Deepwater port licenses and asked Secretary Duffy to expedite review of Delfin’s reapplication in Texas.

    Sen. Cruz issued a statement after the U.S. Court of Appeals for the D.C. Circuit reinstated approvals for LNG projects for Rio Grande LNG and Texas LNG Brownsville. The D.C. Circuit had previously vacated the permits for both projects in an August 2024 decision.

    Sen. Cruz first introduced the Protect LNG Act in 2024, which 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 these cases, and was joined by Sen. John Cornyn (R-Texas) in introducing the bill.

    MIL OSI USA News

  • MIL-OSI USA: ICYMI From the Albany Herald: Dougherty County, Rural Georgia Would be Hard-hit by SNAP Cuts in Proposed Budget

    US Senate News:

    Source: United States Senator Reverend Raphael Warnock – Georgia

    ICYMI From the Albany Herald: Dougherty County, Rural Georgia Would be Hard-hit by SNAP Cuts in Proposed Budget

    Senator Reverend Warnock spoke to the Albany Herald about the social and economic impact that GOP cuts to federal nutrition programs would have on rural Georgians as a result of their new spending bill

    The SNAP program helps millions of working families across the country with their grocery bill each month. Every dollar in federal investment generates $1.79 in economic activity. In 2023, stores and retailers in Georgia saw revenues of over $3.6 billion from SNAP benefits

    Senator Reverend Warnock: “It makes no sense to take the food out of the mouths of poor, rural children to give tax cuts to rich folks. It’s people in the middle…it’s hard-working people who will feel the impact”

    Washington, D.C. – In an interview with the Albany Herald, U.S. Senator Reverend Raphael Warnock (D-GA) warned rural Georgians that the elderly, people with disabilities, children, farmers, and small business owners will be those most impacted by cuts to key nutrition programs in Washington Republicans’ new spending bill. Senator Warnock stressed that cuts to the Supplemental Nutrition Assistance Program (SNAP), which helps millions of working families afford groceries, would hit rural Georgians hardest because the majority of Georgia counties with the highest rates of families who rely on SNAP are rural. As a result, rural economies receive a larger lift from the program than many of their counterparts in metro-Atlanta. 

    “There are people who work every single day and are still food-insecure,” said Senator Reverend Warnock. “Poor people don’t have lobbyists. Billionaires and corporations do. You are seeing in this request the outsize impact of money and power in our politics.”

    On May 22, 2025, Senator Warnock published a white paper exposing the hidden harm of Washington Republicans’ plan to pay for their tax cut to billionaires by shifting the cost of nutrition assistance to the states, ultimately making it harder for Georgia families to cover their grocery bill. The report finds that Georgia families would suffer the most under the GOP spending bill with a projected loss of over $860 million, disproportionately affecting Georgia’s rural communities.

    SNAP helps vulnerable families supplement their budget by just $6.16 per day and lifts millions of Americans out of poverty each year. In 2023, stores and retailers in Georgia saw over $3.6 billion in revenue thanks to SNAP, helping local grocery stores keep their doors open.

    “The thing I want to emphasize is it will be rural Georgians impacted,” said Sen. Warnock. What we will see is huge cuts in benefits. Small communities will be particularly hard hit. In Dougherty County, more than a third (of residents) are on SNAP. It will be a great impact to the local economy.”

    Hours after Senator Warnock published his report, Washington Republicans passed their $4.5 trillion spending bill through the House of Representatives. According to the House Republicans’ bill provisions advanced by the House Agriculture Committee on May 14, 2025, beginning in 2028, Washington Republicans would require all states to pay a 5% cost-share, shifting the burden from the federal government to the states. However, most states have higher payment error rates, like Georgia, and would have to pay even more.

    Georgia could be on the hook for $867 million in new costs on the state budget, leaving children, seniors, and disabled people more likely to be unable to afford groceries.

    The full article can be found HERE and below:

    ALBANY – Georgia’s elderly, disabled and children, as well as farmers, would be the casualties of a congressional spending bill that made its way through the House early Thursday morning.

    That’s the assessment of U.S. Sen. Raphael Warnock concerning the “big beautiful bill” backed by President Trump that will now advance to the Senate. Georgia’s potential loss would be $860 million in food assistance.

    “Small communities will be particularly hard hit,” Georgia’s junior senator said of the legislation, which also contains reductions in Medicaid spending. “It’s an unfunded mandate that shifts the cut to the state. What we will see is huge cuts in benefits.”

    On Thursday, the senator released an analysis of the potential impact on residents of the Peach State. Among his takeaways are that 1.4 million Georgians rely on the Supplemental Nutrition Assistance Program (SNAP), with more than 69% of participants in 694,000 households being families with children. More than 28% of SNAP recipients were in households with family members who are elderly or disabled.

    In addition, state residents in rural areas are disproportionately likely to benefit from SNAP, with more than 77% of counties with the highest SNAP participation being rural. Between 2015 and 2019 SNAP lifted 250,000 Georgians, including 112,000 children, out of poverty each year, according to Warnock’s analysis.

    “The thing I want to emphasize is it will be rural Georgians impacted,” he said. “In Dougherty County, more than a third (of residents) are on SNAP. It will be a great impact to the local economy.”

    Nationally in 2024, of the 42 million Americans who received SNAP benefits, two out of three were either a child, senior citizen or adult with a disability, according to Warnock, and 96% of households of two or more contained at least one child, senior citizen or person with a disability.

    In addition to the moral argument, there is also an economic one in that each federal dollar spent on the SNAP program generated $1.79 in economic activity in 2023, accounting for $3.6 billion in revenue at Georgia businesses, according to the senator’s analysis.

    “Poor people don’t have lobbyists,” Warnock said. “Billionaires and corporations do. You are seeing in this request the outsize impact of money and power in our politics.

    “It makes no sense to take the food out of the mouths of poor, rural children to give tax cuts to rich folks. It’s people in the middle … it’s hard-working people who will feel the impact. There are people who work every single day and are still food-insecure. As a pastor, I will continue to make the moral argument.”

    MIL OSI USA News

  • MIL-OSI USA: Senators Reverend Warnock, Ossoff Announce $2 Million in Federal Funding for GA to Cleanup, Revitalize Local Lands

    US Senate News:

    Source: United States Senator Reverend Raphael Warnock – Georgia

    Senators Reverend Warnock, Ossoff Announce $2 Million in Federal Funding for GA to Cleanup, Revitalize Local Lands

    Georgia cities will use funds to revitalize riverfront properties, a former shopping center, a long-vacant elementary school, and other projects
    The federal funding is part of the Environmental Protection Agency’s (EPA) Brownfield Assessment Grant program
    The program helps transform underutilized properties into community assets
    Senator Reverend Warnock: “These federal funds will help our state get back on track by helping assess and eventually transform what are now uninhabitable areas, further strengthening Georgia’s economy” 
    Senator Ossoff: “Above all this is about our communities’ health. No family in Georgia should live in fear of contaminants in their communities” 
    Washington, D.C. – U.S. Senators Reverend Raphael Warnock (D-GA) and Jon Ossoff (D-GA) announced $2 million in federal funding for revitalization projects in Georgia. In total, the projects will receive $2,633,080 in Brownfields Grants to assess, clean up, and revitalize local lands. 
    The Georgia grants are part of $267 million in Brownfields Grants across the nation. Brownfields Grants are a powerful catalyst for local economic growth. Communities have previous used the Environmental Protection Agency’s (EPA) grants to assess, clean up, and attract new development. 
    “These federal funds will help our state get back on track by helping assess and eventually transform what are now uninhabitable areas, further strengthening Georgia’s economy,” said Senator Reverend Warnock.
    “Above all this is about our communities’ health. No family in Georgia should live in fear of contaminants in their communities,” said Senator Ossoff. “That’s why Senator Warnock and I are delivering these historic public health and environmental cleanup efforts across the state.”
    The City of Atlanta will receive a $500,000 assessment grant to conduct seven Phase I and five Phase II environmental site assessments, develop six cleanup plans, and support community engagement activities. Targeted areas are Chattahoochee Riverfront, Proctor Creek, and Jonesboro Road. 
    The Coastal Regional Commission of Georgia will receive a $1.2 million assessment grant for 20 Phase I and 50 Phase II environmental site assessments, reuse assessment, planning, and community engagement activities. Targeted areas are the cities of Darien, Brunswick, and Statesboro. 
    The City of Ideal will receive a $433,080 cleanup grant funded by the Bipartisan Infrastructure Law. Grant funds will be used to clean up a former elementary school, vacant since 1981, and for community engagement. 
    The City of South Fulton will receive a $500,000 assessment grant for six Phase I and five Phase II environmental site assessments. Targeted areas are the Red Oak and Old National Highway districts. 
    Senator Warnock has an extensive history of securing federal grants to improve the health of Georgia’s communities, clean up the environment, and help bolster the state’s economy. Last year, Senator Warnock announced $45 million in federal funding for clean energy transportation across Georgia. Senator Warnock also announced $25 million in funding from the Bipartisan Infrastructure Law to help rural and disadvantaged communities throughout Georgia remove PFAS and other dangerous chemicals from their water systems. Earlier in 2024, Senator Reverend Warnock was joined by then EPA Administrator Michael Regan at Stone Mountain Middle School to announce a $1 billion nationwide federal investment in clean energy school buses, including $60 million for Georgia schools.
    EPA’s Brownfields Program began in 1995 and has provided nearly $2.9 billion in Brownfield Grants to assess and clean up contaminated properties and return blighted properties to productive reuse. To date, Brownfields investments have leveraged more than $42 billion in cleanup and redevelopment. Over the years, the relatively small investment of federal funding was able to leverage, from both public and private sources, more than 220,500 jobs.

    MIL OSI USA News

  • MIL-OSI USA: Federal Reserve Board issues Economic Well-Being of U.S. Households in 2024 report

    Source: US State of New York Federal Reserve

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    The Federal Reserve Board on Wednesday issued its Economic Well-Being of U.S. Households in 2024 report, which examines the financial circumstances of U.S. adults and their families. Overall, the report shows that financial well-being was similar to the previous two years as concerns about prices persisted and labor market conditions remained solid.
    The report draws from the Board’s annual Survey of Household Economics and Decisionmaking (SHED), which was fielded in October 2024. It analyzes a wide variety of topics including financial well-being, handling expenses, employment, and gig work.
    This year’s report finds that 73 percent of adults reported either doing okay or living comfortably financially, similar to recent years but lower than a high of 78 percent in 2021. The share who would cover a $400 emergency expense using cash or its equivalent was also nearly unchanged from recent years at 63 percent.
    Inflation and prices continued to be the top financial concern. A majority of adults said that changes in the prices they paid over the prior year had made their finances worse, but the share saying so declined from 2023. In response to higher prices, most people reported taking actions such as adjusting their spending.
    Responses indicated that the labor market remained solid. Similar shares of people started new jobs in 2024 compared with 2023. Additionally, the shares of people who were laid off or voluntarily left a job were each unchanged from the prior year. Yet, the survey also found that job changes were less likely to lead to better jobs. In 2024, 62 percent of people who had a different job than a year earlier said that their new job was better overall, which was down from a peak of 72 percent in 2022 and 67 percent in 2023. When asked about specific job characteristics, job changers were less likely to say that pay and benefits, opportunities for advancement, interest in the work, and work-life balance were better in their new job.
    “The financial well-being of American households and businesses is essential to our nation’s overall economic vitality,” said Federal Reserve Board Governor Michael S. Barr. “It is critical for the Federal Reserve to understand the challenges households and businesses face as we work to promote a healthy economy and strong financial system.”
    Survey results also highlighted the risk of financial fraud facing consumers. Twenty-one percent of adults experienced financial fraud in 2024, with credit card fraud as the most common type. The 8 percent of adults who experienced fraud not related to their credit card incurred an estimated $63 billion in total unrecovered losses.
    The report, fact sheet, downloadable data, data visualizations, and a video summarizing the report’s findings are available here.
    For media inquiries, please email [email protected] or call (202) 452-2955.

    MIL OSI USA News

  • MIL-OSI Security: Second Owner of Local Real Estate Investment Company Pleads Guilty to Role in Fraud Conspiracy

    Source: US FBI

    PORTLAND, Ore.—The owner of a local real estate investment company pleaded guilty today for his role in an $18 million fraud scheme, joining his business partner and co-owner of the company who pleaded guilty in March 2025.

    Robert D. Christensen, 55, of Sherwood, Oregon, pleaded guilty to conspiracy to commit wire fraud and money laundering.

    Previously, on March 11, 2025, Christensen’s partner and co-owner of the investment company, Anthony M. Matic, 55, of Damascus, Oregon, also pleaded guilty to conspiracy to commit wire fraud.

    According to court documents, from approximately January 2019 through June 2023, Christensen and Matic devised and carried out a scheme wherein they convinced individual investors to fund the purchase and renovation of undervalued residential real estate properties. After renovating the properties, Christensen and Matic claimed they would rent the properties to generate income and then refinance them to extract their increased value from the renovations. The pair further misled investors into believing they would be repaid their full principal investment along with interest as high as eight to fifteen percent and a large lump sum payout, all within periods as short as 30 to 90 days.

    Christensen and Matic’s scheme failed to generate the promised returns almost immediately and they began using new investments to repay earlier investors to keep their business afloat. When they were unable to raise enough money from new investors, Christensen and Matic devised a separate scheme to defraud commercial lenders. By December 2020, the pair began submitting loan applications with false financial information to different commercial lenders and, based on their misrepresentations, received millions of dollars in loans.

    In total, Christensen and Matic’s two schemes defrauded individual investors out of more than $11 million and commercial lenders out of more than $7 million.

    Conspiracy to commit wire fraud is punishable by up to 20 years in federal prison and three years’ supervised release. Money laundering in punishable by up to 10 years in federal prison and three years’ supervised release. Both charges may also result in fines of up to $250,000 or twice the gross gains or losses resulting from the offense.

    Christensen and Matic will both be sentenced on October 14, 2025.

    This case was investigated by the FBI and IRS Criminal Investigation. It is being prosecuted by Assistant U.S. Attorney Robert Trisotto.

    MIL Security OSI

  • MIL-OSI Security: Four Businessmen and Two Companies Charged in Nationwide Telemarketing Fraud Scheme

    Source: US FBI

    PHILADELPHIA – United States Attorney David Metcalf announced the unsealing today of a superseding indictment (“the indictment”) charging four businessmen and two companies with conspiracy and wire fraud offenses in connection with their execution of a nationwide telemarketing fraud scheme. The corporate defendants, Bene Market LLC and Seguro Medico LLC, doing business as Quick Health, Q Health, Benefits Now, Express Benefits, and YourBenefits4U (collectively, the “Bene Market Group”), operated a boiler room call center near Reading, Pennsylvania, which peddled discount health and dental plans to consumers through a series of false, misleading, and deceptive sales practices.

    The businesses were controlled and managed by the principal architect of the alleged fraud scheme, defendant Alan Redmond, 42, of Wyomissing, Pa., who was supported by senior executives Arthur Walsh, 65, of West Lawn, Pa., and Jesus Barrera, 32, of Dillsburg, Pa., and head sales agent and manager Albert Groff, 44, of Wernersville, Pa.

    The 44-page indictment returned by the federal grand jury alleges that, from at least January 2018 through December 2022, the defendants collected tens of millions of dollars in commissions by regularly and systematically deceiving and misleading consumers seeking health insurance through bait-and-switch sales tactics, which included tricking consumers into buying limited benefit plans that provided little or no coverage by falsely representing that the plans provided comprehensive health insurance coverage, also known as “major medical insurance,” or provided coverage equivalent to major medical insurance, when they did not. 

    As alleged in the indictment, the Bene Market Group paid lead generators for the transfer of live calls with consumers looking to purchase healthcare insurance. Once transferred over, the Bene Market Group employees falsely told consumers that the company was “the national enrollment center for health insurance” and worked as a third-party broker to search and compare health insurance products across the entire marketplace to find the best coverage at the lowest rate. The Bene Market Group also falsely claimed to “work with over 30 of the top A-rated insurance companies” and to sell comprehensive health insurance policies from well-known, blue-chip insurers. In reality, the Bene Market Group did not search the marketplace, did not work with the touted A-rated carriers, and did not even sell major medical insurance. Instead, the Bene Market Group peddled a limited set of discount plans that had lower and more restricted benefits than major medical insurance. In some instances, the limited benefit plans sold by the defendants were not even insurance.

    The indictment charges further that, as a result of the defendants’ bait-and-switch scheme, tens of thousands of purchasing consumers were left without insurance coverage for the majority of their medical, dental, and prescription costs. For some consumers with serious health care needs, the lack of coverage from the limited benefit plans sold by the defendants caused financial hardship and left them in significant medical debt in the tens and hundreds of thousands of dollars.

    According to the indictment, in order to keep the fraud scheme going, Redmond and the manager defendants used unlicensed sales employees to sell the limited benefit plans; bundled products together to mimic major medical insurance; trained the sales employees with misleading scripts and sales pitches to use on the phones; used a variety of trade names and aliases when selling plans; engaged in “churning” and “policy-flipping” by reselling and upselling existing consumers; omitted and downplayed material restrictions about the limited plans sold; overbilled and double-billed consumers; told consumers to ignore or disregard the verification disclaimers or disclosures; altered recorded sales calls after the fact to deceive regulators; withheld information about the limited benefit plans from sales employees; ignored complaints from consumers, carriers, and regulators; and refused or delayed refunds to consumers.

    The indictment charges further that Redmond obscured his control of defendant Seguro Medico by using nominees, including his spouse, and used funds fraudulently obtained from victim purchasers to buy personal properties, commercial properties, jewelry, airline tickets, event tickets, private school tuition, and limousine services. The other manager defendants also received significant payments or distributions, as a result of the fraud scheme.

    The indictment further alleges that, between 2019 and 2022, Redmond caused Bene Market and Seguro Medico to withhold over $1.2 million in trust fund taxes from the wages and paychecks of employees, but Redmond did not pay over these withheld amounts to the IRS on behalf of the employees, as required.

    If convicted of the conspiracy, wire fraud, and tax offenses, defendant Alan Redmond faces a maximum possible sentence of 635 years’ imprisonment, a five-year period of supervised release, and a $6,750,000 fine, along with restitution and forfeiture of various properties and money. Defendants Arthur Walsh, Jesus Barrera, and Albert Groff each face 600 years’ imprisonment, a five-year period of supervised release, and a $5,000,000 fine, along with restitution and forfeiture.

    The case was investigated by the FBI and IRS Criminal Investigation, with assistance from the Pennsylvania Attorney General’s Office, and is being prosecuted by Assistant United States Attorneys Samuel S. Dalke and Mary E. Crawley.

    The charges and allegations contained in the indictment are merely accusations. Every defendant is presumed to be innocent unless and until proven guilty in court.

    MIL Security OSI

  • MIL-OSI Europe: Foreign trade minister Reinette Klever: prosperity and resilience at the forefront of Dutch trade policy

    Source: Government of the Netherlands

    Foreign trade is the cornerstone of the Dutch economy. The Netherlands earns roughly a third of its total income abroad. Foreign trade also provides some 2.6 million full-time jobs – about a third of all jobs in the Netherlands. But an open economy also makes the Netherlands vulnerable to turmoil in global markets.

    The government has therefore decided to implement an assertive trade policy. Priority will be given to what is good for the country’s economy (prosperity) and what is important for its security (resilience).

    Speaking today, Ms Klever said, ‘This government will pursue a robust trade policy, focused on prosperity and a strong, resilient economy. We will continue to support our entrepreneurs abroad and invest in promising markets and high-potential sectors. The Netherlands is a trade champion and together we’ll make sure it stays that way, even in a turbulent world.’

    Promising markets and high-potential sectors

    The Netherlands will continue to invest in trusted partners and established markets where its businesses have long been successful. At the same time, the country is seeking new strategic partners, and the government is focusing on the promising markets of the future. These are countries that are expected to see strong economic growth in the coming decades, for example due to rapid population growth or major investment in education and research and development.

    The government is also explicitly targeting high-potential sectors and essential key technologies, such as semiconductors (microchips), quantum technology and photonics. These technologies are important not only for the Dutch economy, but also for our national security and technological leadership.

    Agreements within the EU

    Within the European Union, the government aims to advocate more explicitly for Dutch trade interests, for example during talks on trade agreements. The government will work to ensure a level playing field internationally, so that Dutch entrepreneurs have a fair chance to compete.

    In addition, it is committed to a well-functioning single European market, free from unnecessary rules. The Netherlands will also press for a constructive dialogue between the EU and the United States on import tariffs. At the same time, the government is ready to defend Dutch economic interests with countermeasures if dialogue does not lead to a positive outcome.

    Protecting sensitive technologies

    The government is also working to protect Dutch technologies, together with the EU and international partners. For example, the export of sensitive goods and technologies is being monitored to prevent them from falling into the wrong hands. The government is also actively implementing policy on knowledge security and overseeing the implementation of and compliance with sanctions.

    Support for Dutch businesses

    Supporting Dutch entrepreneurs remains a key part of the minister’s trade policy, for example through economic missions and assistance with international contract award procedures. The Netherlands has several grant and financing opportunities available for companies that want to do business internationally. Invest International and Atradius Dutch State Business also give entrepreneurs extra support to get high-risk projects abroad off the ground.

    Linking aid, trade and investment

    Finally, the government wants to link aid, trade and investment more firmly, as laid down in the policy letter on international development. The government is committed to working with Dutch companies in stable low- and middle-income countries. The focus is on areas where the Netherlands excels: food security, water management and health.

    MIL OSI Europe News

  • MIL-OSI Russia: Chengdu and Yekaterinburg signed an Action Plan to develop sister city relations

    Translation. Region: Russian Federal

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

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

    BEIJING, May 28 (Xinhua) — A ceremony to sign the Action Plan for Further Development of Sister City Relations between Chengdu and Yekaterinburg for 2025-2027 was held in Chengdu, capital of southwest China’s Sichuan Province, the Chengdu Daily reported on Tuesday.

    According to the document, the parties set the task of deepening bilateral friendly relations and expanding mutually beneficial cooperation for the benefit of the peoples of the two cities. The priority areas of cooperation included economics, trade, culture, tourism, education, youth exchanges, training of specialists, urban development, ecology and environmental protection.

    Since the establishment of sister city relations between Chengdu and Yekaterinburg in 2024, mutual visits between the cities’ representatives have become more frequent, and there has been a constant deepening of their trade and economic cooperation.

    Before the ceremony, Chengdu Mayor Wang Fengchao met with a Russian delegation led by Yekaterinburg Mayor Alexei Orlov. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: China, UAE to Expand Cooperation on Cross-Border Payments

    Translation. Region: Russian Federal

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

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

    BEIJING, May 28 (Xinhua) — China’s cross-border interbank payment system CIPS and the United Arab Emirates’ central bank have signed a memorandum of understanding to strengthen cooperation in cross-border payments, the People’s Bank of China (PBOC), which acts as the regulator and administrator of CIPS, said Wednesday.

    According to a statement by the PBC published on its official website, the signing of the agreement is expected to improve the payment infrastructure and increase the efficiency of cross-border settlements.

    Under the agreement, CIPS and the UAE Central Bank will jointly develop a cross-border payment systems interconnectivity programme to provide foreign exchange clearing services to financial institutions in the Middle East and North Africa.

    As noted in the statement, the parties will deepen the exchange of experience in risk management and regulatory compliance, as well as enhance the security and stability of cross-border payment systems. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: The results of the XVI All-Russian Interuniversity Personnel Forum named after A.Ya. Kibanov have been summed up

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    The XVI All-Russian Interuniversity Personnel Forum named after A.Ya. Kibanov “Innovative Personnel Management” was held at the State University of Management.

    More than 230 students, young scientists, authoritative teachers and experts in the field of personnel management took part in the forum’s in-person events. In total, over 450 people from different regions of Russia became participants in the event this year.

    The concept of the A.Ya. Kibanov Personnel Forum this year was based on the idea that HR specialists, like legendary Russian heroes, stand guard over the interests of the company and, armed with knowledge and skills, are ready to bring glory and prosperity to their organization, and create and strengthen its HR brand.

    Read about the opening and first day of the forum in this article.

    Participants discussed how to build effective and trusting communications within a company, which become the foundation for a cohesive and motivated team. Particular attention was paid to creating a unique and attractive employer brand for candidates, which would reflect the values of the organization and arouse genuine interest in talented specialists.

    Modern approaches to attracting and retaining highly qualified personnel were discussed, as well as strategies for increasing human capital through training, development and involvement. Experts shared practices for developing a corporate culture that helps to unlock the potential of each employee and create an atmosphere of mutual respect and support.

    The HR Forum became a platform for exchanging experiences and inspiration, where future HR specialists received new tools and ideas for creating a strong HR brand and building communications that can lead the company to sustainable growth and prosperity.

    Over the course of three days, the participants of the Student Olympiad immersed themselves in the world of HR: conducted analytical research, developed strategies, exchanged experiences, generated innovative ideas, fought in battle mode and presented their solutions to the expert jury. The victory went to the most goal-oriented and creative. In addition to the main assessment of the works by the expert jury, the Student Olympiad also included a Competition for the Audience Award, which was held in person: experts, speakers, teachers and jury members voted for the most liked homework from the teams participating in the Olympiad – the poster “HR-Bingo-Brand”.

    Also this year, the forum included an advanced training course on “Effective Methods of Training HR Specialists”, where 35 students studied and discussed current issues on the development of the use of effective methods in the process of training students in the field of “HR Management”.

    The XVI All-Russian Interuniversity Personnel Forum named after A.Y. Kibanov “Innovative Personnel Management” was held with the support of the Council for Professional Qualifications in Personnel Management, as well as with active interaction with such partners as: ANCOR, SuperJob, Roskachestvo, Aktion Students, Trivio, Perviy Bit, Independent Veterinary Laboratory “Chance Bio”, Educational Center Higher Veterinary School, City Clinical Hospital No. 67 named after L.A. Vorokhobov, Chernogolovka Group of Companies, SPILS.ART Creative Cluster, Aromapsychologist. Partner companies highlighted their nominations and provided participants and winners with valuable gifts and prizes.

    On the final day of the forum, the results were summed up, the winners were officially announced, and awards and gifts were presented.

    Results of the XVI All-Russian Interuniversity Personnel Forum named after A.Ya.Kibanov “Innovative Personnel Management”

    Correspondence competitions “Innovative personnel management – 2025”

    Competition “Best article on personnel management”

    1st place – Chulanova O.L., Savchenko A.Yu. (Surgut State University)

    Article “Tools for Overcoming the Shortage of Highly Qualified Personnel Based on the Bionic Approach and Sharing of Competencies”

    2nd place – Abdulova T.G., Gagarinskaya G.P., Khorovinnikova E.G. (Volga Region State Transport University)

    Article “Transformation of labor and human capital management in the context of digitalization: challenges, principles and trends”

    3rd place – Shumanskaya A.B., Obumova A.I. (Saint Petersburg State Technological Institute (Technical University))

    Article “Dependence of professional burnout on the social orientation of the profession and the level of empathy of the individual”

    Competition “Best article of a young scientist on human resource management”

    1st place – Zlobina N.K., Shanina E.V. (Penza State University)

    Article “Integration of Well-being approach into the organization’s personnel management”

    Scientific supervisor: Ekaterina Vladimirovna Shanina

    2nd place – Oglezneva E.E. (Financial University under the Government of the Russian Federation)

    Article “Reverse Mentoring: Concept, Problems and Development Prospects”

    Scientific supervisor: Aleksashina Tatyana Viktorovna

    3rd place – Shkerina E.E., Goncharenko K.A. (Saint Petersburg State Technological Institute (Technical University))

    Article “Emotional intelligence of a manager as a factor in increasing the involvement of subordinates”

    Supervisor: Anna Anatolyevna Dorogovtseva

    Competition “Best educational and methodological development on personnel management”

    1st place – Lysenko E.V. INTERNATIONAL HR MANAGEMENT. Study guide for students studying in the direction 38.03.03 – Personnel Management (manuscript)

    2nd place – Learn to learn: features of working with information in the educational and scientific activities of university students: a teaching aid / E.A. Berezovskaya, O.V. Klimova, N.L. Krasnogor [et al.]; under the general editorship of I.Yu. Plotnikova; Ministry of Science and Higher Education of the Russian Federation, Ural Federal University. – Yekaterinburg: Publishing house of the Ural. University, 2024. – 260 p.

    3rd place – Fundamentals of project activities: textbook / Yu.A. Alekseeva, M.V. Gashkov, M.I. Imamverdieva; edited by O.L. Chulanova. – Moscow: INFRA-M, 2025 – 307 p.

    Competition “Best scientific work on personnel management”

    1st place – Milyaeva L.G. Modern technologies of personnel management: selected 2: monograph /L.G. Milyaeva. – Moscow: RUSAINS, 2024. – 212 p.

    Competition of innovative projects on personnel management and labor economics for students and postgraduates

    Winner in the nomination “Homo qui videt”

    Evseeva A.A., Le Thi My Linh, Petrishchev A.K. (Ulyanovsk State Technical University)

    Scientific supervisor: Natalia Mikhailovna Tsytsarova

    Project “Ageism in the Labor Market: A Modern View”

    Winner in the nomination “Homo aliena”

    Vdovichenko V.A., Fedchuk A.V., Potapova D.S. (Financial University under the Government of the Russian Federation)

    Scientific supervisor: Natalia Valerievna Sakharova

    Project: “Animal ID. Paw HR”

    Winner in the nomination “Homo excitari”

    Gataullina A.I. (Surgut State University)

    Scientific supervisor: Chulanova Oksana Leonidovna

    Project: “Development of tools for motivating project teams”

    Winner in the nomination “Homo neiro”

    Dudnik E.V., Monul D.A., Fomenko M.V. (State University of Management)

    Scientific supervisor: Mitrofanova Alexandra Evgenievna

    Project: “Atlas of HR Professions”

    3rd place

    Smirnov D.R. (Surgut State University)

    Scientific supervisor: Chulanova Oksana Leonidovna

    Project: “Using a dashboard in working with the staff of the Admissions Office of Surgut State University”

    2nd place

    Kabanova Yu.I., Druzhinina S.A., Kutumova D.R. (National Research Nizhny Novgorod State University named after N.I. Lobachevsky)

    Supervisor: Mariko Valeria Valerievna

    Project: “Chatbot for translation and explanation of Anglicisms “Info Motya””

    1st place

    Nikitina K.D., Druzhinina P.Yu., Nguyen Ngoc Ha Phyung, Nguyen Thi Thanh Huyen, Fastovskaya M.S., Makarkin M.M. (State University of Management)

    Scientific supervisor: Ph.D., Associate Professor Lobacheva Anastasia Sergeevna

    Project: “HR in the Heart”

    Grand Prix

    Krapiventseva A.A. (State University of Management)

    Scientific supervisor: Ph.D., Associate Professor Ekaterina Viktorovna Kashtanova

    Project: “Development of a board business game for student adaptation”

    Student Olympiad “Human Resources Management: Yesterday, Today, Tomorrow”

    Best homework

    Team: “Mafia HR”.

    Team members: Arustamyan Nane Armenovna, Bakhteeva Alina Fyaimovna, Drobysheva Victoria Vitalievna, Tkacheva Irina Olegovna, Churikova Kristina Maksimovna (State University of Management)

    Scientific supervisor: Illarionova Ekaterina Sergeevna

    The best case

    Command: “NEXT PROFI”. Team composition: Aminov Danila Fanilievich, Vedeneeva Polina Dmitrievna, Kabanova Yulia Ivanovna, Zubova Ekaterina (National Research Nizhny Novgorod State University named after N. I. Lobachevsky)

    Scientific supervisor: Ulmaeva Liliya Nailevna

    The best quest

    Team: “Adepts of Human Resources”. Team members: Snezhana Evgenievna Batayeva, Georgy Mikhailovich Solomatin, Vladislav Denisovich Abrashnev (Moscow Automobile and Road State Technical University (MADI)

    Scientific supervisor: Olga Anatolyevna Peshkova

    3rd place

    Team: “Vedunya Kadrov” (Personnel Witches). Team members: Sokolovskaya Sofia Sergeevna, Sushkevich Yulia Dmitrievna, Chernikova Polina Vadimovna (Volga Region Institute of Management named after P. A. Stolypin – branch of RANEPA)

    Scientific supervisor: Moiseenko Natalia Vladimirovna

    2nd place

    Command: “Vector”. Team composition: Druzhinina Svetlana Andreevna, Negodnova Anastasia Sergeevna, Khakov Rinat Denisovich, Chabanyuk Elina Aleksandrovna, Kutumova Daria Romanovna (National Research Nizhny Novgorod State University named after N. I. Lobachevsky)

    Supervisor: Mariko Valeria Valerievna

    1st place

    Team: “Polyanitsi”. Team members: Kvach Ekaterina Sergeevna, Kozhevnikova Darina Alekseevna, Sergeeva Polina Aleksandrovna (St. Petersburg State University)

    Scientific supervisor: Kulchitskaya Elena Valerievna

    Grand Prix

    Team: “Snake Icharych.” Team composition: AGlushkova Anastasia Sergeevna, Ishkova Olga Andreevna, Shchetinin Mark Alekseevich (State University of Management)

    Scientific supervisor: Ekaterina Viktorovna Kashtanova

    Detailed information about the Forum, its annual program, format and results is presented on the official website, and you can see more photos in the VKontakte community.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI United Kingdom: ARU Peterborough champions disabled entrepreneurs

    Source: Anglia Ruskin University

    Picture: Richard Fraser Photography

    ARU Peterborough has played a key role in a landmark report that outlines strategies to better support disabled entrepreneurs across the UK, potentially driving significant economic growth.

    The Lilac Review, an independent, Government-backed review to address the inequality disabled entrepreneurs face, has concluded that significant financial, operational, and accessibility barriers are holding back the nation’s disabled-led businesses.

    Disabled entrepreneurs represent 25% of the UK’s 5.45 million small businesses, but just 8.6% of business turnover. The Lilac Review estimates that removing these obstacles could unlock an additional £230 billion in UK business revenue.

    The research for The Lilac Review report was supported by Professor Tom Williamson and Dr Cheryl Greyson from ARU Peterborough in collaboration with Small Business Britain, with support from Lloyds.

    The ARU Peterborough academics analysed survey data from 750 disabled entrepreneurs and found that despite their resilience, disabled founders face additional and complex barriers to growth and funding. Over half (57%) of respondents identified financial support as their critical need for the coming year.

    Alongside a range of targeted support and tailored solutions, a key recommendation from The Lilac Review is to enhance the reach and impact of the new Disability Finance Code launched last December.

    The Lilac Review also highlights the importance of greater access to peer-led business networks and mentorship, with 51% of respondents indicating that bridging this gap would benefit them.

    The need to embed inclusivity at the heart of all future business support to build equity and opportunity was emphasised, with data showing 35% of disabled entrepreneurs find current programmes inaccessible.

    The Lilac Review also advocates for greater investment and innovation in inclusive AI training and skills development and AI-powered assistive technology, as well as placing accessibility and inclusion at the heart of AI policy and product development. This recognises the transformative potential of AI to level the business playing field.

    Professor Williamson of ARU Peterborough took part in the review’s Steering Board, alongside a number of prominent disabled founders and representatives from the wider business community including: Small Business Britain, Lloyds, eBay, BT, Federation of Small Businesses (FSB), British Chambers of Commerce (BCC), The Entrepreneurs Network, and the Business Disability Forum.

    “We’re proud that ARU Peterborough has played a key role in this important new report. The recommendations could help empower millions of disabled entrepreneurs across the country, combat inequality and drive business growth, which could significantly benefit the UK economy.

    “The next phase of The Lilac Review will see us working closely with Small Business Britain over the next 12 months to develop the concept for The LILAC Centre for Disabled Entrepreneurship. This would be the UK’s first business incubator and research centre dedicated to advancing the success of disabled entrepreneurs, and our aim is for this to be hosted at ARU Peterborough.”

    Professor Williamson, Assistant Principal of ARU Peterborough and head of the Faculty of Business, Innovation and Entrepreneurship 

    “I’m proud to have co-chaired The Lilac Review and welcome its valuable insights and recommendations to help empower disabled entrepreneurship, tackle inequality, and unlock growth opportunities.

    “Through our Plan for Change, this government is committed to delivering further and faster economic growth. A key part of this is ensuring that those with the ambition to start and scale up a business have the right support to do so, no matter their background or circumstances.”

    Gareth Thomas, Minister for Small Businesses and co-chair of The Lilac Review

    “Disabled entrepreneurs are innovative, impactful, and growing. Yet we remain underrepresented, underfunded, and underestimated.

    “The Lilac Review is a bold and necessary step toward recognising the unique challenges that disabled entrepreneurs face – and more importantly, toward removing them. The findings of this report are clear: change is needed – not later, but now. That means inclusive finance, accessible business support, and communities that empower rather than exclude.

    “It has been an honour to co-chair this review, and I hope the voices within it spark action, partnership, and a fundamental rethinking of what opportunity should look like – for everyone.”

    Victoria Jenkins, co-chair of The Lilac Review and founder of Unhidden

    “Our university is driving forward real change in the workforce not only in Peterborough, but across the whole of the UK. The Lilac Review represents a real opportunity to level the playing field for disabled entrepreneurs and to remove some of the unique challenges they face.

    “The whole city is really proud of those who have been involved in this pioneering project and are now re-shaping the future of business in the UK.”

    Councillor Nick Thulbourn, cabinet member for growth and regeneration at Peterborough City Council

    For more information on The Lilac Review visit https://lilacreview.com/final-report

    ARU Peterborough is a partnership between Anglia Ruskin University, Peterborough City Council and the Cambridgeshire and Peterborough Combined Authority.

    MIL OSI United Kingdom

  • MIL-OSI Canada: Investor Alert: Buygoldca, Cap Trade and PT Option Are Not Registered

    Source: Government of Canada regional news

    Released on May 28, 2025

    The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) warns investors of the online entities known as Buygoldca, Cap-Trade and PT Option.

    “The FCAA urges Saskatchewan residents to check the registration status of investment entities at aretheyregistered.ca before investing with anyone,” FCAA Securities Division Executive Director Dean Murrison said. “Checking the registration status before considering investing with anyone is the quickest and easiest way to keep your investments safe.”

    Buygoldca, Cap-Trade and PT Option claim to offer Saskatchewan residents trading opportunities, including cryptocurrencies. Buygoldca additionally claims to sell commodities in the form of precious metals traded as futures or option contracts. Cap-Trade claims to sell stocks, forex, commodities and indices. PT Option also claims to sell stocks, forex, indices, commodities and precious metals.

    This alert applies to the online entities using “buygoldca com”, “cap-trade com”, and “pt-option com” (these URLs have been manually altered so as not to be interactive).

    Buygoldca, Cap-Trade and PT Option are not registered with the FCAA to trade or sell securities or derivatives in Saskatchewan. The FCAA cautions investors and consumers not to send money to companies that are not registered in Saskatchewan, as they may not be legitimate businesses. 

    If you have invested with Buygoldca, Cap-Trad, or PT Option or anyone claiming to be acting on their behalf, contact the FCAA’s Securities Division at 306-787-5936.

    In Saskatchewan, individuals or companies need to be registered with the FCAA to trade or sell securities or derivatives. The registration provisions of The Securities Act, 1988, and accompanying regulations are intended to ensure that only honest and knowledgeable people are registered to sell securities and derivatives and that their businesses are financially stable.

    Tips to protect yourself:

    • Always verify that the person or company is registered in Saskatchewan to sell or advise about securities or derivatives. To check registration, visit The Canadian Securities Administrators’ National Registration Search at aretheyregistered.ca.
    • Know exactly what you are investing in. Make sure you understand how the investment, product, or service works.
    • Get a second opinion and seek professional advice about the investment.
    • Do not allow unknown or unverified individuals to remotely access your computer.

    -30-

    For more information, contact:

    MIL OSI Canada News

  • MIL-OSI: Bitget Wallet Offers 90% Discount on Game Credits to Drive Everyday Crypto Payments

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, May 28, 2025 (GLOBE NEWSWIRE) —  Bitget Wallet, the leading non-custodial crypto wallet, has introduced a limited-time campaign offering 90% off mobile game credits through its in-app “Shop with Crypto” marketplace. Running from May 28 to June 4, the promotion allows first-time users to purchase credits for Free Fire, PUBG Mobile, and Mobile Legends for $0.10 when paying with crypto.

    The initiative is part of Bitget Wallet’s ongoing efforts to reduce friction in crypto transactions and expand real-world use cases. By offering discounts on familiar digital products, the campaign aims to incentivize first-time purchases and foster repeat usage within the gaming category — one of the most active digital spending verticals globally. According to DappRadar, blockchain gaming accounted for 30% of all decentralized application activity, playing a pivotal role in onboarding new crypto users due to its low entry barriers and familiar digital purchase patterns.

    Launched earlier this month, “Shop with Crypto” enables users to pay directly with digital assets across over 300 merchants spanning gaming, travel, mobile recharges, e-commerce gift cards and more. Popular brands include Amazon, Google Play, Steam, Netflix, Uber, Shopee, T-mall, JD.com, and more. The service eliminates the need for fiat conversion, with transactions processed instantly and redemption codes delivered directly via email, reflecting a user experience similar to traditional online shopping.

    Bitget Wallet currently offers one of the most comprehensive crypto payment experiences on the market, combining in-app shopping, QR code scanning including national and blockchain-based codes, and crypto card payments. “We’re building towards a more practical crypto economy,” said Alvin Kan, COO of Bitget Wallet. “This campaign demonstrates the ease of real-world spending through crypto, and gaming is just the first of many verticals we’ll activate.”

    Find out more on Bitget Wallet’s official channel.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.

    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a9f26e0b-1065-47f2-b32b-089284541cc5

    The MIL Network

  • MIL-OSI: Best Tribal Loans Guaranteed Approval Online Direct Lender Easiest To Get For Bad Credit With No Credit Check by Apache Lending

    Source: GlobeNewswire (MIL-OSI)

    Las Vegas, Nevada, May 28, 2025 (GLOBE NEWSWIRE) — Looking for tribal loans with guaranteed approval for people with bad credit? Then you should definitely try Apache Lending. Since the launch of the service, Apache Lending has helped thousands of Americans get online tribal loans for poor credit. With an easy application process, borrowers can get a quick tribal loan from multiple tribal lenders offering guaranteed approval.

    Best Direct Lender Tribal Loans 

    What makes Apache Lending best direct lender tribal loans on the market today? Unlike loans from traditional lenders or banks, guaranteed tribal payday loans from Apache Lending are available to you without having to wait in long queues waiting for the approval of personal loans.

    Official website: Apache Lending (https://www.apachelending.com)

    Application page: Click Here To APPLY For Easy Tribal Loan >>

    Direct tribal loans in the US are actually small instant tribal loans which are offered for a very short period of time. The time period may vary as per the need and creditability of the borrower. Generally these native american loans are offered for a few weeks only. But sometimes, the time may go beyond a month. 

    Regulatory Advantages

    Operating under tribal sovereignty, direct lender tribal loans are subject to different regulations than traditional loans. This can result in:

    • Less Stringent Regulations: Tribal lenders may have more lenient requirements, making it easier for bad credit borrowers to qualify.
    • Potentially Lower Fees: Some tribal lenders from Apache Lending may offer lower fees compared to traditional financial institutions or banks, although this can vary by lender.

    These native American loans are also offered over the internet. The benefit of going online is that it is very fast and the money is credited within a day or two. So, these tribal lender loans prove to be very important for the borrower in meeting all the needs in time.

    Best Tribal Loans For Bad Credit

    Bad credit holders or the persons with poor credit history are those people who had taken any loan but due to some financial or personal problems, they could not repay the debt they borrowed. Such people when facing any credit crises in their life find it very difficult to raise any type of loan. No traditional direct lender is willing to offer them a loan due to their past records. To help such people in their hour of need, Apache Lending has introduced bad credit tribal loans with instant decision.

    The amount that is offered by easy tribal loans for bad credit is very much convincing and they are provided for a flexible period. But anyone can extend the period if they need to.

    Borrowers can meet the tribal lender company personally or can apply for it through the online mode. This mode is very much preferable in all senses because there are no hassles of paperwork and only a simple form is to be filled.

    Why choose Apache Lending for best tribal loans for bad credit?

    Quick Approval and Funding

    One of the most significant advantages of tribal loans for bad credit is the speed at which they can be processed. Many tribal lenders from Apache Lending utilize online platforms that streamline the application process, allowing for:

    • Fast Approval: Borrowers often receive approval for direct lender tribal loans within a few hours, making it an attractive option for those in urgent need of money.
    • Rapid Funding: Once approved, funds can be disbursed quickly, sometimes on the same day or the next business day. This immediacy can be crucial for individuals facing unexpected expenses.

    Best Tribal Loans Guaranteed Approval

    Guaranteed approval tribal loans means 99.9% borrowers are approved for a loan no matter what. Due to the fact that the process of asset check is not followed by the tribal lenders, you would get this risk-free finance. 

    In order to apply for a guaranteed tribal installment loan, you can make use of the no obligation and free of cost online application form that would be given on the Apache Lending website. Once the process of verification is over, you would get an approval. In the least possible span, the money would come into your bank checking account.

    The best part of bad credit tribal loans guaranteed approval is that you will get a chance to mend your past credit woes by making timely repayment of the borrowed money. For that the best tribal loan lenders will make every possible effort to help you find these loans at an easy repayment option and lower interest rates so that you do not face any hassle when repaying.

    Why choose Apache Lending for best tribal loans guaranteed approval?

    Flexible Loan Amounts and Terms

    Direct tribal lenders from Apache Lending often provide a range of loan amounts and flexible repayment terms, which can cater to various financial needs. This flexibility includes:

    • Customizable Loan Amounts: Borrowers can typically choose how much they wish to borrow, depending on their specific needs.
    • Varied Repayment Options: Many tribal lenders offer different repayment schedules, allowing borrowers to select a plan that aligns with their financial situation.

    Best Tribal Loans No Credit Check

    Tribal loans with no credit check as the name suggests are small instant cash loans which are approved without any credit verification. These are very quick to borrow tribal payday loans. A borrower need not worry about his or her past credit records or low credit scores before borrowing money. Tribal lenders are least interested in such scores. This makes such a type of borrowing the only option for people with horrible credit where traditional lenders do not provide financial help.

    No credit check tribal loans are best for emergency purposes, like paying hospital bills, doctor fee, medical expenses, examination fee, car repair bill, mortgage payment, etc. Also these loans help you a lot especially when it comes to avoiding penalties. 

    Due to the large number of benefits associated with tribal loans without credit check, many people opt for it. No doubt, poor credit can stay for a long time, even when you are making good fiscal decisions. This means these loans are a good way to build credit in case you are in a bad situation and also to get the money.

    Why choose Apache Lending for best tribal loans no credit check?

    Accessibility for All Credit Types

    One of the most significant advantages of easiest tribal loans to get is their accessibility. Traditional lenders often rely heavily on credit scores to determine eligibility, which can exclude many potential borrowers. In contrast, tribal lenders with no credit check typically do not conduct credit checks, allowing individuals with poor or nonexistent credit histories to secure financing. This inclusivity opens doors for those who may have been turned away by conventional banks.

    Simplified Application Process

    The application process for tribal installment loans with no credit check is generally more straightforward than that of traditional loans. Borrowers often face fewer requirements and less documentation, making it easier to apply and receive funds quickly. Many direct tribal lenders with guaranteed approval prioritize a simple online application, which can be completed in a matter of minutes. This streamlined approach is particularly appealing for individuals in urgent need of financial assistance.

    Flexible Repayment Terms

    Bad credit tribal loans often come with flexible repayment terms, which can be tailored to fit the borrower’s financial situation. Unlike payday loans that require full repayment by the next payday, many tribal loans from Apache Lending offer structured repayment schedules that allow borrowers to pay back the loan over a longer period. This flexibility can help borrowers manage their finances more effectively and reduce the risk of falling into a cycle of debt.

    Quick Access to Funds

    In many cases, tribal payday loans no credit check provide quick access to funds, often within 24 hours of approval. This rapid turnaround is crucial for individuals facing unexpected expenses, such as medical bills or car repairs. The ability to obtain cash quickly can alleviate financial stress and provide a sense of security during challenging times.

    Click Here To APPLY For Easy Tribal Loan Online >>

    Best Tribal Loans No Teletrack

    No teletrack tribal loans is actually a loan which is designed for the people with poor credit profile. Such persons find it really very hard to borrow money in the hour of need. And here comes Apache Lending with such direct tribal lender loans without teletrack checks.

    In case your credit is good, however you are in the urgent need of cash and you don’t want to waste time on the paper work then a tribal loan with no teletrack is the answer to all your problems. These loans are soon gaining popularity because they do not pose any risk to the tribal lending firm. It only takes them a few minutes to verify your employment details and bank account details that you provided. This would help them make out your potential to repay the loan which makes such tribal loan types very easy to get online from Apache Lending.

    Frequently Asked Questions

    What are tribal installment loans direct lenders only

    These loans are basically very short term loans which are offered without any hassle. The amount of such loans is not fixed and in most of the cases, it remains around 1500 dollars.

    What are tribal payday loans no credit check?

    These loans are available in two forms. Either you can get in secured form or unsecured form. To get money with a secured form you have to provide some security that may take the form of your home, car or any other valuable thing. In unsecured form all the risk is carried by the tribal lender so the interest rate associated with unsecured loans is high as compared to secured ones.

    What are tribal installment loans for bad credit?

    These loans are a very quick and easy way to borrow money. Best tribal lenders do not go for conventional loan sanction processes. Anyone can easily apply for such loans. Even persons with a bad credit profile may get the loan approved easily. It hardly matters to the lenders whether the borrower has a good credit score or not.

    What are tribal loans online guaranteed approval no teletrack?

    Teletrack is a kind of a system which is made to check a borrower’s credit history. This is a US based system and with help of using this system the tribal lenders can come to know about your past credit score if you ever had a bad credit history or known as a good scorer. For availing these loans you just need to fill up an application form by giving some information about yourself like your name, your email address, your current residence address, your phone number, your desired amount and some information about your current bank status.

    What are tribal loans for bad credit same day deposit?

    These loans are specially structured to help you meet with your immediate financial emergencies. Hence, the tribal lender provides you with a wide range of cash limits to choose from. Anyone can apply online and get guaranteed approval and same day deposit with the help of Apache Lending.

    What are tribal payday loans with instant approval?

    These loans are feasible and reliable financial aid that let you manage your cash crisis without any hassle and trouble. If you are strapped for cash and need quick fiscal support, this can be a wonderful financial source.

    Instant tribal loans have nothing to do with your credit history. Your past details are not checked by the tribal lenders. This finance saves a lot of time as they are granted to you immediately. A wide range of tribal lenders from Apache Lending are offered to you if you apply through the online method. This method of applying comes with no paperwork and less wastage of time.

    Attachment

    The MIL Network

  • MIL-OSI USA: McCaul Secures Provision to Pay Border States Back for Border Security Costs Incurred Under Biden

    Source: United States House of Representatives – Congressman Michael McCaul (10th District of Texas)

     WASHINGTON – U.S. Congressman Michael McCaul (R-Texas), chairman emeritus and current vice chair of the House Committee on Homeland Security, announced the House passage of a provision reimbursing border states — primarily Texas — with $12 billion for costs incurred to secure the border under the Biden administration. McCaul has championed the provision and advocated for its passage for months, working hand-in-hand with House GOP leadership and Homeland Security Committee Chairman Mark Green (R-Tenn.).  

    “It’s the federal government’s job to secure the homeland, yet the Biden/Harris administration abdicated its duty and abandoned our states on the frontlines of the border crisis. As Texans know, our state bore the brunt of that abject failure, both societally and financially,” said Vice Chairman McCaul. “Four years of chaos and suffering later, Congress is doing the right thing: paying Texas back. I’m extremely proud to have helped secure this provision, which sends a strong message to our border states that America has not forgotten the sacrifices they made. With these funds, Congress says ‘thank you’ — both to Texas’ leadership, who stood up Operation Lone Star to fill in the gap, and to Texas’ taxpayers, who should never have been on the hook for President Biden’s dereliction of duty.”

    “Thanks to Rep. McCaul, states that stepped up to protect Americans in the face of Biden’s border catastrophe will be reimbursed for doing the work the Biden Administration refused to do,” said Speaker Mike Johnson. “Had those patriotic governors not taken action and used the resources of their state, the devastation from Biden’s wide-open border would have been significantly worse. Our nation is safer because of these states, and it’s only right for the federal government to share in the costs states incurred while protecting America.”

    “Texas thanks the U.S. House and the Texas Congressional Delegation for including $12 billion in the reconciliation package that will help Texas in its response to the unprecedented illegal immigration in Texas,” said Governor Greg Abbott. “This is a national issue that Texas was proud to address, and we are grateful for the allocation that reduces the financial burden that Texas incurred.” 

    “Lurking behind the staggering number of illegal encounters of the last four years is the immeasurable toll a wide-open border has exacted on communities across the country,” said Chairman Mark Green. “Every state became a border state under the Biden-Harris administration’s open-borders policies, but in many ways, the communities along the Southwest border have been hit the hardest and have incurred tremendous law enforcement costs. In the absence of help from the Biden-Harris administration, states were forced to take extraordinary measures to mitigate the crisis and protect their communities by building barrier systems and increasing law enforcement activity. I applaud the inclusion of this funding and the House’s passage of the ‘One Big, Beautiful Bill’ to put Americans first and keep our sovereign borders secure for years to come.”

    Background:

    The provision, which was added to House Republican’s reconciliation package through a manager’s amendment, sets aside $12 billion in grants for states’ “costs associated with actions taken after January 21, 2021, to assist the federal border security missions.”

    Most of these funds are expected to reimburse Texas, as no state did more to secure the border over the past four years. Operation Lone Star spent $11.1 billion on border security, including $5.87 billion on personnel costs associated with border security and $4.75 billion on border wall barriers.

    Click here for full text of the provision on page 15.

    ###

    MIL OSI USA News

  • MIL-OSI USA: ICYMI: Fox News Highlights McCaul’s Fight to Reimburse Texas for Border Security Efforts Under Biden

    Source: United States House of Representatives – Congressman Michael McCaul (10th District of Texas)

    WASHINGTON – Today, U.S. Congressman Michael McCaul (R-Texas) — chairman emeritus and current vice chair of the House Homeland Security Committee — was featured in a Fox News article highlighting his successful push to secure $12 billion in federal funding to reimburse states for costs incurred to secure the border under the Biden administration. Texas, which has spent over $11 billion under Operation Lone Star to combat the border crisis, is expected to receive the majority of these funds.

    McCaul touts money in Trump tax bill to pay Texas back for fighting Biden border policies

    Fox News

    Elizabeth Elkind 

    May 24, 2025 

    There’s a provision tucked into President Donald Trump’s broadly ranging “big, beautiful bill” that could see Texas get billions of dollars in funds that it spent on the state’s border security under the Biden administration.

    The legislation earmarked $12 billion for a grant program allowing states to be reimbursed for costs they incurred trying to stem the flow of illegal immigration during the Democratic administration.

    The measure was added to the bill hours before the final vote – but Rep. Michael McCaul, R-Texas, the former chairman of the House Homeland Security and Foreign Affairs Committees, told Fox News Digital it was a product of months of negotiation.

    “Early on, [Homeland Security Committee Chair Mark Green, R-Tenn., and I were discussing reconciliation going through the Homeland Security Committee. And, you know, there was about $70 billion for the border,” McCaul said. “Texas bore the brunt of the federal mission the last four years and deserves to be reimbursed. And so he agreed, had a conversation with Governor Abbott, and he agreed.”

    […]

    The state of Texas, Fox News Digital was told, had incurred just over $11 billion in costs from Gov. Greg Abbott’s efforts to keep the border in his state secure.

    “The fact of the matter is, when you look at the costs that were borne, Texas had the lion’s share of [the burden] carrying out the federal mission when the Biden administration completely failed to deliver on border security,” McCaul said. “My state built the border wall and built detention facilities. We bore a lot of costs.”

    […]

    Rather than add it to the initial text of the bill, McCaul said, leaders opted to include it in a “managers amendment” that was added on Wednesday night along with several other issues that lawmakers needed more time to negotiate.

    “The legislative process, it’s something I’ve gotten to know over my 20 years and how to get things done up here. And I thought, you know, the way we worked it was strategically very smart,” McCaul said. “It’s going to the Senate now. And Senator Cornyn is going to take it up, be the champion in the Senate.”

    The Texas Republican first met with Abbott and Speaker Mike Johnson, R-La., on the matter in early February, Fox News Digital was told.

    McCaul said he also worked closely on the push with Republican Study Committee Chairman August Pfluger, R-Texas, who told Fox News Digital that “no state” carried more financial burden from the border crisis than Texas.”

    […]

    Johnson, for his part, thanked McCaul for his efforts in a public written statement.

    “Thanks to Rep. McCaul, states that stepped up to protect Americans in the face of Biden’s border catastrophe will be reimbursed for doing the work the Biden Administration refused to do,” the speaker said. “Had those patriotic governors not taken action and used the resources of their state, the devastation from Biden’s wide-open border would have been significantly worse.”

    […]

    McCaul told Fox News Digital that he was confident the measure would stay in the Senate bill after conversations with the Trump administration on the matter.

    “I anticipate it will go forward,” McCaul said. “I’m, just proud that we were able to get this done. I’m very proud of what my state did to stop the flow of illegals and dangerous actors coming into the country.”

    When reached for comment, Abbott told Fox News Digital, “This is a national issue that Texas was proud to address, and we are grateful for the allocation that reduces the financial burden that Texas incurred.”

    Click here to read the full article on Fox News

    ###

    MIL OSI USA News

  • MIL-OSI Global: Most South African farmers are black: why Trump got it so wrong

    Source: The Conversation – Africa – By Johann Kirsten, Director of the Bureau for Economic Research, Stellenbosch University

    When world leaders engage, the assumption is always that they engage on issues based on verified facts, which their administrative staff are supposed to prepare. Under this assumption, we thought the meeting at the White House on 21 May between South Africa’s president, Cyril Ramaphosa, and US president Donald Trump would follow this pattern.

    Disappointingly, the televised meeting was horrifying to watch as it was based on misrepresenting the reality of life in South Africa.

    Issues of agriculture, farming and land (and rural crime) were central to the discussions. What is clear to us as agricultural economists is that the skewed views expressed by Trump about these issues originate in South Africa. This includes Trump’s statement: “But Blacks are not farmers.”

    In our work as agricultural economists, we have, in many pieces and books (our latest titled The Uncomfortable Truth about South Africa’s Agriculture), tried to present South Africans with the real facts about the political economy policy reforms and structural dimensions of South African agriculture.

    Writing on these matters was necessary given that official data – agricultural census 2017, as well as the official land audit of 2017 – all provide an incomplete picture of the real state and structure of South African agriculture. The reason is that the agricultural census, which is supposed to provide a comprehensive and inclusive assessment of the size and structure of the primary agricultural sector, and the land audit, which was supposed to record the ownership of all land in South Africa, are incomplete in their coverage.

    The incomplete and inaccurate official data provides fertile ground for radical statements by the left and the right – and novices on social media. This is why South Africa has to deal with falsehoods coming from the US. These include Trump’s statement that black people are not farmers in South Africa.

    South Africa is to blame for providing inaccurate data to feed these false narratives.

    The facts presented here should allow a more nuanced interpretation of South Africa’s farm structure. Firstly, there are more black farmers in South Africa than white farmers. And not all white commercial farm operations are “large-scale”, and not all black farmers are “small-scale”, “subsistence” or “emerging”. Most farm operations can be classified as micro, or small in scale.

    This is important so that one doesn’t view South Africa’s agriculture as mainly white farmers. Indeed, we are a country of two agricultures with black farmers mainly at small scale and accounting for roughly 10% of the commercial agricultural output. Still, this doesn’t mean they are not active in the sector. They mainly still require support to expand and increase output, but they are active.

    The facts

    In the wake of the circus in the Oval Office, we were amazed by the total silence of the many farmers’ organisations in South Africa. We have not seen one coming out to reject all of Trump’s claims. The only thing we can deduce from this is that these falsehoods suit the political position of some farmer organisations. But at what cost? Will many of their members be harmed by trade sanctions or tariffs against South Africa? The US is an important market for South Africa’s agriculture, accounting for 4% of the US$13.7 billion exports in 2024.

    When Ramaphosa highlighted the fact that crime, and rural crime in particular, has an impact on all South Africans and that more black people than white people are being killed, Trump’s response was disturbing, to say the least: “But Blacks are not farmers”. This requires an immediate fact check.

    We returned to the text from our chapter in the Handbook on the South African Economy we jointly prepared in 2021. In the extract below, we discuss the real numbers of farmers in South Africa and try to provide a sensible racial classification of farmers to denounce Trump’s silly statement.

    As highlighted earlier, the two latest agricultural censuses (2007 and 2017) are incomplete as they restricted the sample frame to farm businesses registered to pay value added tax. Only firms with a turnover of one million rands (US$55,500) qualify for VAT registration.

    We were able to expand the findings from the censuses with numbers from the 2011 population census and the 2016 community survey to better understand the total number of commercial farming units in South Africa. The Community Survey 2016 is a large-scale survey that happened between Censuses 2011 and 2021. The main objective was to provide population and household statistics at municipal level to government and the private sector, to support planning and decision-making.

    Data from the 2011 population census (extracted from three agricultural questions included in the census) shows that 2,879,638 households out of South Africa’s total population, or 19.9% of all households, were active in agriculture for subsistence or commercial purposes.

    Only 2% of these active households reported an annual income derived from agriculture above R307,000 (US$17,000). This translates into 57,592 households that can be considered commercial farmers, with agriculture as the main or only source of household income. This corresponds in some way with the 40,122 farming businesses that are registered for VAT as noted in the 2017 agricultural census report.

    If we use the numbers from the agricultural census it is evident almost 90% of all VAT-registered commercial farming businesses could be classified as micro or small-scale enterprises. If the farm businesses excluded from the census are accounted for under the assumption that they are too small for VAT registration, then the fact still stands that the vast majority of all farm enterprises in South Africa are small family farms.

    There are, however, 2,610 large farms (with turnover exceeding R22.5 million (US$1.2 million per annum) which are responsible for 67% of farm income and employed more than half the agricultural labour force of 757,000 farm workers in 2017.

    Another way to get to farm numbers is to use the 2016 Community Survey. Using the shares as shown in Table 2, we estimate there are 242,221 commercial farming households in South Africa, of which only 43,891 (18%) are white commercial farmers. (This is very much in line with the VAT registered farmers but also acknowledging the fact that many white farm businesses are not necessarily registered for VAT.)

    Let’s consider only the agricultural households with agriculture as their main source of income, surveyed in the 2016 community survey. We end up with a total of 132,700 households, of whom 93,000 (70%) are black farmers. This reality is something that policy makers and farm organisations find very difficult to deal with and it seems that Trump also found this too good to be true.

    We have tried here in a long winded way to deal with farm numbers and how to get to a race classification of farmers in South Africa. In the end we trust that we have managed to show that there are more black farmers in South Africa than white farmers. Their share in total output is smaller than that of their white counterparts. The National Agricultural Marketing Council puts black farmers’ share of agricultural production as roughly 10%. But these numbers are also incomplete and largely an undercount.

    It will always be challenging to get to the real number of black farmers’ share of agricultural output as nobody would ever know whether the potato or the cabbage on the shelf came from a farm owned by a black farmer or a white person but operated by a black farmer, for example. As South Africans know, the labour on farms, in pack houses, distribution systems and retail are all black. So, the sweat and hard work of black South African workers are integral to the food supply chain in South Africa.

    Let’s get these facts straight and promote them honestly.

    Wandile Sihlobo is the Chief Economist of the Agricultural Business Chamber of South Africa (Agbiz) and a member of the Presidential Economic Advisory Council (PEAC).

    Johann Kirsten 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. Most South African farmers are black: why Trump got it so wrong – https://theconversation.com/most-south-african-farmers-are-black-why-trump-got-it-so-wrong-257668

    MIL OSI – Global Reports