Category: Economy

MIL-OSI USA: Ezell’s Bipartisan Bill to Reauthorize the Integrated Ocean Observing System Passes Out of Natural Resources Committee
Source: United States House of Representatives – Congressman Mike Ezell (Mississippi 4th District)

Today, the House Natural Resources Committee passed legislation introduced by Representative Mike Ezell (R-MS-04) to reauthorize the Integrated Ocean Observing System (IOOS) for five more fiscal years. The bill maintains the program’s funding level at $56 million annually, ensuring continued support for critical ocean and coastal monitoring efforts that benefit fisheries, maritime industries, and coastal communities nationwide.

Cosponsors of the legislation include Reps. Bonamici, Weber, Dingell, Radewaggen, Davis, Harder, Casten, Case, Rutherford, Smith, Webster, Haridopolos, Rokuda, Amo, Pallone, Pingree, Stevens, Castor, McBride, Begich, Elfreth, DelBene, Magaziner.

IOOS is a nationally coordinated network of regional observation systems that provides real-time data on ocean conditions, helping to safeguard economic activities, public safety, and environmental health. The reauthorization also includes updates to improve the program’s effectiveness and modernization efforts to meet evolving scientific and operational needs.

“IOOS is essential to keeping coastal economies strong and resilient, especially in Mississippi,” Ezell said. “This reauthorization ensures we maintain vital ocean monitoring resources while modernizing the program to maximize its impact. Enhanced ocean data collection also improves hurricane forecasting and severe weather preparedness, which can save lives and reduce costly storm damage. I’m proud to lead this legislation as it will support jobs, commerce, and our nation’s leadership in ocean science. I look forward to seeing it come to the House floor for a vote in the near future.”

“Congressman Ezell’s bill will reauthorize the Integrated Coastal and Ocean Observation System Act of 2009,” House Natural Resources Chairman Westerman said. “This will ensure that near real-time data is available to manage our nation’s coasts and marine waters. I applaud Rep. Ezell for his work on this legislation and look forward to working with him to help usher this bill through the legislative process.”

“As the Representative for Texas’ Gulf Coast, I know firsthand how critical reliable ocean monitoring is to protecting our coastal communities, supporting maritime jobs, and strengthening our national economy,” Weber said. “The IOOS Reauthorization bill helps us do just that, by improving weather forecasting and ensuring the safety of the hardworking men and women along our shores.”

“The Integrated Ocean Observing System provides vital weather data that supports fishermen and other hard working Americans who make their living from the ocean,” Magaziner said. “I am proud to help lead this bipartisan effort to reauthorize IOOS and ensure that this critical program continues to serve coastal communities across the country.”

Background on the IOOS Reauthorization Act of 2025:
- Clarifying the nature of operational oceanographic data provided by IOOS.
- Updating statutory references to align with current law, including replacing the National Ocean Research Leadership Council with the Ocean Policy Committee.
- Enhancing the role of the Interagency Ocean Observation Committee to maximize IOOS’s integration and capabilities.
The bill’s passage out of committee marks a significant step toward continued federal support for ocean observation infrastructure that underpins economic, environmental, and public safety benefits across the nation.

MIL OSI USA News –
July 24, 2025
MIL-OSI USA: Lawler Introduces Legislation Modernizing Post-Assad Syria Sanctions Policy
Source: US Congressman Mike Lawler (R, NY-17)

Washington, D.C. – 7/17/25… Today, Congressman Mike Lawler (NY-17), Chairman of the House Foreign Affairs Subcommittee on the Middle East and North Africa and House Financial Services Committee member, introduced the Syria Sanctions Accountability Act, legislation to modernize U.S. sanctions policy for a post-Assad Syria.

“This bill modernizes the existing sanctions regime on Syria, requires assessments on existing sanctions relief provisions, and sets out goals for the Syrian government to meet anti-money laundering and anti-corruption standards. As the Trump Administration is already reviewing sanctions policy, we must ensure they have the tools to do so that reflect the current security environment,” said Chairman Lawler.

The Syria Sanctions Accountability Act:
- Directs the Financial Crimes Enforcement Network to provide a briefing to Congress on the exceptive relief for the Commercial Bank of Syria.
- Instructs U.S. representatives to the IMF and World Bank to support regular economic monitoring in Syria, processes to improve financial connectivity in Syria, and priorities related to anti-money laundering, weapons non-proliferation, and anti-corruption policies in Syria.
- Requires a formal assessment from the Export-Import Bank on the appropriateness of current country limitations concerning Syria.
- Updates the Caesar Syria Civilian Protection Act by updating conditions to lift sanctions. This includes requiring the Syrian government to take verifiable steps to combat illicit proliferation of Captagon, ensuring the Syrian government is not engaged in the targeting or extrajudicial detention of religious minorities, and removing references to Russia and Iran that were originally placed in the law due to Assad’s relationship with these adversarial regimes.
“The al-Sharaa Administration certainly has a lot of work to do to reintegrate Syria with the U.S. and our allies. While this job should be difficult given the circumstances, it shouldn’t be impossible,” concluded Chairman Lawler.

Congressman Lawler is one of the most bipartisan members of Congress and represents New York’s 17th Congressional District, which is just north of New York City and contains all or parts of Rockland, Putnam, Dutchess, and Westchester Counties. He was rated the most effective freshman lawmaker in the 118th Congress, 8th overall, surpassing dozens of committee chairs.

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Full text of the bill can be found HERE.

MIL OSI USA News –
July 24, 2025
MIL-OSI United Kingdom: expert reaction to observational study looking at rates of depression and anxiety in teens who smoke and vape

Source: United Kingdom – Executive Government & Departments

July 23, 2025

An observational study published in PLOS Mental Health looks at mental health outcomes in teens who smoke or use e-cigarettes.

Prof Peter Hajek, Professor of Clinical Psychology, and Director of the Health and Lifestyle Research Unit, Queen Mary University of London (QMUL), said:

“There is not much novelty in this study. The findings add to the well-established link between mental health issues or other sources of stress, especially in childhood, and the use of psychoactive substances including nicotine.”

Prof Stella Chan, Charlie Waller Chair in Evidence-Based Psychological Treatment, University of Reading, said:

“This well conducted study has helpfully established robust evidence for a link between the use of cigarettes and vapes and symptoms of depression and anxiety in adolescents in the US. As acknowledged by the authors, the cross-sectional nature of the data cannot point towards causal relationships. It is therefore impossible to determine from this study if the use of tobacco increases the risk for mental health problems; or that adolescents with mood difficulties use tobacco as a coping strategy; or if a bit of both. Future research can also investigate differences between gender groups, those with neural divergent conditions, those belonging to minority or vulnerable groups such as LGBT+ , in care system, or justice system, to understand the effects of tobacco use in further details in order to inform support and intervention.”

Dr Jasmine Khouja, Senior Research Associate in the Tobacco and Alcohol Research Group, University of Bristol, said:

“This study design is not appropriate to address the research question. The study measures whether adolescents who have ever tried a “tobacco product” (even just once) are more or less likely to have some symptoms of anxiety or depression. It does not measure whether regularly using e-cigarettes or smoking causes depression or anxiety. Although the number of young people who used e-cigarettes more than once or twice is not reported, the majority of this group is likely made up of young people who vaped once or twice to give it a try. Therefore, the study measures whether people with anxiety and depression symptoms are more likely to have experimented with potentially risky products. This is not discussed in the limitations, which is concerning because the authors should be aware that the measure is not appropriate for this question.

“The study does not adequately account for other factors that could be driving this link, and it is cross-sectional, meaning that the mental health symptoms could have preceded the vaping experimentation. The authors state that nicotine could be a mechanism by which vaping could cause depression and anxiety, but they did not ascertain whether the products contained nicotine or not.

“It is important to note that although the authors describe e-cigarettes as tobacco products, e-cigarettes do not contain tobacco, and using e-cigarettes is not considered tobacco use.

“This study alone does not add much to our understanding of the relationship between vaping, smoking, and mental health. Much more research (with a more appropriate study design) is needed before we can determine whether vaping causes poor mental health.”

Dr Johnathan Livingstone-Banks, Lecturer & Senior Researcher in Evidence-Based Healthcare, Nuffield Department of Primary Care Health Sciences, University of Oxford, said:

“This study finds a correlation between ever trying cigarettes or vapes and reporting depression or anxiety, but as the authors note, it doesn’t show that one causes the other. It could just as easily be that young people with poor mental health are more likely to experiment. However, that does not mean that this correlation shouldn’t be taken seriously, and there is evidence in adults that quitting smoking can improve mental health.

“In the US, vapes are classed as tobacco products. But it’s worth clarifying: while they usually contain nicotine, they don’t contain any tobacco. In the UK, they’re not classified as tobacco products.

“This survey counts anyone who has ever used a vape or cigarette, even just once, as a user. That’s potentially misleading, especially when it comes to ‘dual use’. Someone who tried a vape once and a cigarette once, perhaps years apart, would be counted as dual users. Without more detailed data, we can’t tell whether these young people were actual users or just experimenting. The sample probably includes a mix of both.”

Dr Lion Shahab, Chartered member of the British Psychological Society, said:

“This study analysed cross-sectional data from the US National Youth Tobacco Survey to investigate the association of cigarettes and e-cigarette use in youth with self-reported depression and anxiety symptoms. The results show that exclusive cigarette and exclusive e-cigarette use, as well as co-use of both products was associated with higher depression and anxiety levels than not using either. Tobacco use has a well-established bidirectional relationship with mental health such that mental health symptoms predict later smoking and smoking leads to deterioration in mental health symptoms. This study shows that a similar relationship may exist with e-cigarette use.

“However, there are several caveats that need to be considered when interpreting these findings. First, as all measurements were taken at the same time, it is not clear whether e-cigarette use preceded poorer mental health symptoms or whether poorer mental health symptoms preceded e-cigarettes use, or whether there is evidence of an effect in both directions. This can only be assessed in a longitudinal cohort study where timelines of what occurs first (e-cigarette use or deterioration in mental health symptoms) can be clearly established.

“Due to the cross-sectional nature of this study, it is therefore as likely that adolescents who have experienced psychological stress or mental health problems may be more likely to start vaping as it is that prior vaping leads to later poor mental health outcomes. Second, as for most epidemiological studies, there is a risk that important factors that influence both e-cigarette use and mental health symptoms were not controlled for. For instance, this study did not account for familial history of mental health problems, which may – in part – explain the observed association.

“Lastly, the study used a relatively crude measure of e-cigarette use, which was defined ‘ever e-cigarette only use’. This category lumps together adolescents who may have used an e-cigarette once or twice with youth who vape daily, which is unhelpful. It is unlikely that very occasional e-cigarette use will have lasting effects on mental health. Future work would benefit from investigating whether the frequency of vaping and nicotine content in vapes has a dose-response relationship with mental health symptoms. Notwithstanding these issues, this study highlights the need to examine the effects of vaping in youth, not only in terms of potential physical health but also mental health.”

‘Mental health outcomes associated with electronic cigarette use, combustible tobacco use, and dual use among U.S. adolescents: Insights from the National Youth Tobacco Survey’ by Abdulhay et al. was published in PLOS Mental Health at 19:00 UK time on Wednesday 23th July.

DOI: 10.1371/journal.pmen.0000370

Declared interests

Dr Jasmine Khouja None

Prof Peter Hajek None

Prof Stella Chan None

Dr Jonathan Livingstone-Banks No financial conflicts – I’ve never received funding from industry. I’m a tobacco control researcher at the University of Oxford and I’m an author of numerous academic papers on smoking and e-cigarettes, including the Cochrane reviews on e-cigarettes for smoking cessation and interventions for vaping cessation.

Dr Lion Shahab None

For all other experts, no reply to our request for DOIs was received.

MIL OSI United Kingdom –

July 24, 2025
MIL-OSI Canada: Canada invests in services to support economic integration and fill labour market shortages
Source: Government of Canada News (2)

July 23, 2025—Ottawa— Canada’s new government has a mandate to build a strong economy by attracting the best talent in the world and filling key labour shortages.

Today, the Honourable Lena Metlege Diab, Minister of Immigration, Refugees and Citizenship, announced more than $3.2 billion over three years across more than 520 organizations outside Quebec to improve the integration of newcomers, including into the job market and to reduce labour shortages.

Settlement services are essential to filling vacancies in high demand sectors such as health care and skilled trades. With increased economic integration, newcomers can apply their skills quickly, fill critical labour gaps, and boost productivity.

Funding will be provided to local organizations to deliver tailored services that recognize regional considerations and needs, instead of applying a one-size-fits-all approach. Services will include:
- support with getting a licence or certification in a regulated profession
- providing job-specific and general language training in English and French
- supporting French-speaking newcomers to integrate into francophone communities outside Quebec
These services will help newcomers build successful lives in Canada by supporting their economic, social, and cultural integration into communities across the country.

With an outcomes focused approach, Canada will attract a strong workforce and build one Canadian economy – the strongest economy in the G7.

MIL OSI Canada News –
July 24, 2025
MIL-OSI: FINANCIAL 15 SPLIT CORP. Financial Results to May 31, 2025

Source: GlobeNewswire (MIL-OSI)

TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — Financial 15 Split Corp. (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.financial15.com and at www.sedarplus.com.

For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.financial15.com.

Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.financial15.com info@quadravest.com

The MIL Network –

July 24, 2025
MIL-OSI: $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Susquehanna Community Financial, Inc. (OTCMKTS: SQCF)
Source: GlobeNewswire (MIL-OSI)

NEW YORK, July 23, 2025 (GLOBE NEWSWIRE) — Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Susquehanna Community Financial, Inc. (OTCMKTS: SQCF) related to its merger with Citizen & Northern Corp. Upon completion of the proposed transaction, each outstanding share of Susquehanna common stock will be converted into the right to receive 0.80 shares of Citizen & Northern common stock. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/susquehanna-community-financial-inc/. It is free and there is no cost or obligation to you.

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

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

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

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

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

The MIL Network –
July 24, 2025
MIL-OSI: $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Susquehanna Community Financial, Inc. (OTCMKTS: SQCF)
Source: GlobeNewswire (MIL-OSI)

NEW YORK, July 23, 2025 (GLOBE NEWSWIRE) — Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Susquehanna Community Financial, Inc. (OTCMKTS: SQCF) related to its merger with Citizen & Northern Corp. Upon completion of the proposed transaction, each outstanding share of Susquehanna common stock will be converted into the right to receive 0.80 shares of Citizen & Northern common stock. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/susquehanna-community-financial-inc/. It is free and there is no cost or obligation to you.

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

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

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

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

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

The MIL Network –
July 24, 2025
MIL-OSI: Aptean Launches GenAI Query in AppCentral
Source: GlobeNewswire (MIL-OSI)

ATLANTA, July 23, 2025 (GLOBE NEWSWIRE) — Aptean, a global provider of enterprise software, today announced the launch of GenAI Query, a mobile-first conversational intelligence feature within AppCentral, its AI-powered platform. Purpose-built to deliver real-time insights from complex business data, GenAI Query eliminates the need for dashboards, technical expertise, or delays.

GenAI Query empowers frontline managers; operations leads and finance teams to ask natural-language questions like:

“Where are my fulfilment bottlenecks?”

“Which SKUs are eroding our margin?”

They receive real-time answers, right when and where decisions are made. GenAI Query cuts through reporting delays and streamlines decision-making across every level of the organization.

Modern manufacturing and distribution teams operate under relentless pressure to move fast — yet decision-making is often stalled by complex reports, fragmented systems and manual analysis. Buried in complex reports, fragmented systems and manual analysis, information remains out of reach. The result? A widening gap between data and decisive action.

GenAI Query is the intelligence engine of AppCentral and a cornerstone of the Aptean Intelligence Suite. What sets it apart is Aptean’s deep industry expertise and its ability to deliver tailored insights across discrete manufacturing, food and beverage, finance, transportation and apparel. With seamless integration and enterprise-grade security features – such as role-based access and audit trails – GenAI Query accelerates data-driven decision-making without compromising control.

GenAI Query transforms enterprise decision-making by:
- Unlocking insights – Replacing static dashboards with real-time conversational intelligence
- Revealing hidden risks – Surfacing margin pressure, customer churn signals and operational inefficiencies through AI
- Accelerating action – Empowering teams to explore data freely, without IT delays or report rebuilds
- Bringing data together – Unifying live ERP inputs across inventory, purchasing, sales, receivables and payables.
- Eliminating reporting delays – Removing the complexity of data extraction and interpretation.
“AppCentral is the foundation for our customers to harness the power of AI – GenAI Query is the intelligence that brings it to life,” said TVN Reddy, CEO of Aptean. “It’s the difference between staring at a dashboard and having a direct, insightful conversation with your business. Customers don’t just want data – they need clear answers that drive better outcomes. GenAI Query puts real-time enterprise intelligence at their fingertips.”

“GenAI Query makes business data instantly useful,” Reddy continued. “Ask a simple question like ‘What’s my inventory risk this week?’ and get contextual insight drawn straight from live systems. No coding. No delay. Just answers – delivered precisely when and where they’re needed. With GenAI Query, every employee becomes an insight-driven decision-maker. The future of enterprise intelligence is immediate and conversational.”

With thousands of customers now onboarded to AppCentral, Aptean is accelerating scalable AI adoption – giving customers the clarity, speed and control they need to make faster, smarter decisions.

About Aptean:
Aptean is a global provider of industry-specific software that helps manufacturers and distributors effectively run and grow their businesses. Aptean’s solutions and services help businesses of all sizes to be Ready for What’s Next, Now®. Aptean is headquartered in Alpharetta, Georgia and has offices in North America, Europe and Asia-Pacific. To learn more about Aptean and the markets we serve, visit www.aptean.com.

Logility is a Registered Trademark of Logility, Inc. Aptean and Ready for What’s Next, Now are Registered Trademarks of Aptean, Inc. All other company and product names are trademarks of the respective companies with which they are associated.

MEDIA INQUIRIES

MediaRelations@Aptean.com

A PDF accompanying this announcement is available at

http://ml.globenewswire.com/Resource/Download/db5e0b9b-d38b-46df-b8ef-d3510e489c71

A video accompanying this announcement is available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/d3fed0b1-f5af-4512-aece-05b54b639787

The MIL Network –
July 24, 2025
MIL-OSI USA: Pettersen, Rulli Introduce Bipartisan Legislation to Improve Retirement Savings for Young Working Americans

Source: United States House of Representatives – Representative Brittany Pettersen (Colorado 7th District)

Today, U.S. Representative Brittany Pettersen (CO-07) and Congressman Mike Rulli (OH-06) introduced the bipartisan Helping Young Americans Save for Retirement Act to help more Americans ages 18 to 20 years old access employer-sponsored retirement plans. Companion legislation has been introduced in the Senate by Senators Bill Cassidy (R-LA) and Tim Kaine (D-VA).

Currently, the Employee Retirement Income Security Act (ERISA) only requires employers who offer 401(k) plans to make the plans available to employees who are 21 years old and over. While a company can offer a 401(k) plan to their employees under 21 years old, many do not due to high costs and excessive red tape. The Helping Young Americans Save for Retirement Act will require employers to offer 401(k) plans to employees as young as 18 and will reduce regulatory burdens that price out employers from offering these retirement plans to workers under 21.

“I started working at a young age and worked throughout middle school, high school, and college,” said Pettersen. “But like many Coloradans, I didn’t have the chance to start saving for retirement until much later. We need to update our financial systems to reflect the real lives of working people and ensure that every young American has a fair shot at long-term financial security. Thank you to Congressman Rulli for joining me in this effort to help more young people reach their full financial potential.”

“If you’re old enough to fight for your country at 18, you should be able to fight for your financial future too,”said Rulli. “In the face of the largest generational wealth gap in American history, it’s time we give young people every tool to get ahead. Let them start saving, investing, and building real security. The sooner they start, the stronger America’s future becomes.”

A 2021 report showed that of employers who offer retirement plans, 40% of workplaces have a minimum age of 21 to participate in the plans. Employees between the ages of 18 and 21 are missing out on additional savings and three years of compound interest. The earlier young people can begin saving, the more time their money has to grow, potentially resulting in thousands of extra dollars and greater financial security in retirement.

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To access downloadable, high-quality photos, click here. To stay up-to-date on what Pettersen is doing in Congress, follow her on Twitter here, Facebook here, or Instagram here. Residents can also sign-up for her e-newsletter subscription here.

MIL OSI USA News –

July 24, 2025
MIL-OSI USA: Congressman Nathaniel Moran Reintroduces Constitutional Amendment to Balance the Federal Budget
Source: Congressman Nathaniel Moran (R-TX-01)

Congressman Nathaniel Moran (TX-01) today reintroduced the Principles-Based Balanced Budget Amendment, a constitutional amendment designed to end Washington’s cycle of reckless spending and restore fiscal responsibility to the federal government.

“For too long, Congress has ignored its constitutional duty to responsibly steward taxpayer dollars. As a result, we are now staring down a national debt that exceeds $36 trillion, a burden that will crush future generations unless we act,” said Congressman Moran. “This amendment takes a practical approach: it requires Congress to balance the federal budget over a 10-year window, while giving lawmakers the flexibility to determine how we get there. It is a practical, principles-first step toward reining in inflation, restoring confidence in our economy, and ensuring a stable future for the American people.”

Moran previously filed this amendment on July 6, 2023, during the last Congress. It was given significant attention during a hearing of the House Constitutional Subcommittee in September 2023, chaired at the time by Speaker Mike Johnson. That hearing underscored the importance of embedding clear fiscal principles in the Constitution before moving to detailed policy debates.

Background on the PBBA:
- Provides a 10-year deficit phase-out once ratified by the states.
- Allows for emergency deficit spending only with two-thirds support in both the House and Senate.
- Empowers Congress to determine specific policies for achieving balance.
Support for the PBBA:

“We are thrilled to support Representative Moran’s principles-based balanced budget amendment. This BBA is like existing constitutional provisions: broadly appealing principles that can stand the test of time and that empower Congress to write the details in statute. Rep. Moran’s BBA and related legislation can help Congress eliminate waste and restore sound governance, and we urge all members to support it.” — Kurt Couchman, Senior Fellow in Fiscal Policy, Americans for Prosperity

MIL OSI USA News –
July 24, 2025
MIL-OSI Canada: 3rd Finance Ministers and Central Bank Governors Meeting

Source: Government of Canada News

Statement

We, the G20 Finance Ministers and Central Bank Governors (FMCBG), met on 17 and 18 July 2025, in Durban, South Africa.

July 18, 2025

We, the G20 Finance Ministers and Central Bank Governors (FMCBG), met on 17 and 18 July 2025, in Durban, South Africa. Under the G20 South African Presidency’s “Solidarity, Equality and Sustainability” theme, we committed to international policy cooperation to further promote global prosperity and address key shared challenges.

Global Economy

The global economy is facing heightened uncertainty and complex challenges, including ongoing wars and conflicts, geopolitical and trade tensions, disruptions to global supply chains, high debt levels, and frequent extreme weather events and natural disasters, which impact economic growth, financial and price stability.

In light of high public debt and fiscal pressures, we recognise the need to raise long-term growth potential by pursuing growth-oriented macroeconomic policies, while building fiscal buffers, ensuring fiscal sustainability, encouraging public and private investments and undertaking productivity-enhancing reforms. Structural reforms are essential for generating strong economic growth and creating more and better jobs. All excessive imbalances should be further analysed by the IMF and, if necessary and, without discrimination, addressed through country-specific reforms and multilateral coordination, in a way that contributes to an open global economy and without compromising sustainable global growth. We reaffirm our April 2021 exchange rate commitment.

Central banks are strongly committed to ensuring price stability, consistent with their respective mandates, and will continue to adjust their policies in a data-dependent manner. Central bank independence is crucial to achieving this goal.

We emphasise the importance of strengthening multilateral cooperation to address existing and emerging risks to the global economy. We will continue to pursue efforts that advance prosperity and recognise the importance of the World Trade Organisation (WTO) to advance trade issues, and acknowledge the agreed upon rules in the WTO as an integral part of the global trading system. We recognise the WTO has challenges and needs meaningful, necessary, and comprehensive reform to improve all its functions, through innovative approaches, to be more relevant and responsive in light of today’s realities.

We note the progress on the priorities of the Framework Working Group and look forward to the respective outcomes. 

International Financial Architecture

The Multilateral Development Banks (MDBs) are implementing the G20 MDB Roadmap and the recommendations from the Capital Adequacy Framework (CAF) Report. We acknowledge the progress of MDBs and the IFA Working Group in developing the Monitoring and Reporting Framework, and expect to receive the inaugural report in October. We further acknowledge CAF’s potential to help MDBs more efficiently utilise existing resources, share more risk with the private sector and utilise new instruments to increase lending capacity over the next decade. We also welcome the collaboration on blended finance among the International Finance Corporation and other MDBs. We look forward to the outcome of the International Bank for Reconstruction and Development’s 2025 Shareholding Review, in line with the Lima Shareholding principles.

We support the 17th replenishment of the African Development Fund. We acknowledge the strategic importance of an enhanced G20 partnership with African economies, including through strengthening the G20 Compact with Africa, and welcome the Presidency’s side event on Mobilising G20 Investment for Sustainable Growth in Africa. We welcome the work initiated by the Presidency on the impediments to growth and development in Africa.

We are committed to addressing debt vulnerabilities in low- and middle-income countries in an effective, comprehensive and systematic manner. To this end, we reaffirm our commitment to further strengthen the implementation of the G20 Common Framework (CF) in a predictable, timely, orderly, and coordinated manner. We endorse the G20 note on lessons learned from initial CF cases and the document outlining debt treatment steps. We welcome that the fact sheets on CF cases are now available on the G20 and Paris Club websites to enhance information sharing. We welcome the agreement on the Memorandum of Understanding on a debt treatment between Ethiopia and its Official Creditors Committee. We furthermore call for enhanced debt transparency from all stakeholders, including private creditors.

We urge the international community to support vulnerable countries whose debt is sustainable but are facing liquidity challenges, and encourage the International Monetary Fund (IMF) and the World Bank to continue their work on feasible options to support these countries, which should be country-specific and voluntary.

We acknowledge the G20 note on Special Drawing Rights (SDR) channelling. We note the achievement of exceeding USD 100 billion in voluntary channelling of SDRs or equivalent contributions for countries in need, and the transfer to the Poverty Reduction and Growth Trust and the Resilience and Sustainability Trust. We urge the swift delivery of pending pledges and encourage countries that are willing and legally able to explore channelling SDRs to MDBs while respecting the reserve asset status of the resulting SDR-denominated claims and ensuring their liquidity.

We reaffirm our commitment to a strong, quota-based, and adequately resourced IMF at the centre of the Global Financial Safety Net. We have advanced the domestic approvals for our consent to the quota increase under the 16th General Review of Quotas, and we look forward to finalising this process with no further delay. We acknowledge the importance of realignment in quota shares to better reflect members’ relative positions in the world economy while protecting the quota shares of the poorest members. We acknowledge, however, that building consensus among members on quota and governance reforms will require progress in stages. We support the call for the IMF Executive Board to develop a set of principles guiding future discussions on IMF quotas and governance by the 2026 Spring meetings in line with the Diriyah Declaration.

We underscore the need for enhancing the representation and voice of developing countries in decision-making in MDBs and other international economic and financial institutions. In that context, we welcome the creation of a 25th chair at the IMF Executive Board to enhance the voice and representation of Sub-Saharan Africa.

We remain committed to promoting sustainable capital flows to EMDEs and fostering sound policy frameworks, notably central bank independence. We note the growing role of non-bank financial institutions (NBFIs) and ongoing work to understand the impact on capital flows.

Sustainable Finance

We note a commitment to strengthen the global sustainable finance architecture by helping to ensure robust, resilient and effective coordination among stakeholders to foster interoperability among MDBs, Vertical Climate and Environment Funds, and National Development Banks, in support of sustainability goals and national priorities, as appropriate. Scaling up co-financing and mobilising private sector resources by improving efficiency and promoting the use of innovative financial instruments is essential for developing countries’ risk-sharing in country-led climate investments.

We acknowledge progress on tailoring key considerations that integrate adaptation and resilience into the voluntary transition plans of financial institutions and corporations. These efforts may support vulnerable sectors in moving towards sustainable and climate-resilient economies. We look forward to continued work related to more effective funding mechanisms for adaptation and promote flexible country-tailored solutions that address natural catastrophe insurance protection gaps by developing practical guidance and tools.

We take note of the potential of high-integrity, voluntary, private-sector led carbon markets, including by promoting interoperability, accessibility, transparency and scalability. We note the efforts by the Climate Data Steering Committee to develop principles aimed towards building a Common Carbon Credit Data Model, as a voluntary tool.

We note the progress made thus far on the multi-year G20 Sustainable Finance Roadmap which is flexible and voluntary in nature.

Infrastructure

Recognising that increasing quality infrastructure investment is critical to support faster and sustainable economic growth and development, we note the progress made in the development of a framework for effective planning and preparation practices, a report on scaling up blended finance de-risking measures, and a toolkit on advancing cross-border infrastructure projects. We also endorse the Practice Guide on Leveraging Project-Level Data and Digitising the Pipeline, and a Note on Improving the Accessibility and Availability of Key Market Data, which are voluntary and non-binding.

Financial Sector Issues and Financial Inclusion

We reaffirm our commitment to addressing vulnerabilities and promoting an open, resilient, and stable financial system, which supports economic growth, and is based on the consistent, full and timely implementation of all agreed upon reforms and international standards, including Basel III. We note the growing role of NBFIs in both EMDEs and AEs, and support the Financial Stability Board’s (FSB) work to address NBFI data availability and reporting, quality, use, and information sharing. We endorse the recently finalised FSB recommendations for addressing systemic risks from NBFI leverage and encourage implementation by jurisdictions. We welcome the appointment of the new FSB Chair, Andrew Bailey, Governor of the Bank of England.

We reaffirm our commitment to the effective implementation of the G20 Roadmap for Enhancing Cross-border Payments (the Roadmap) as well as appropriate further actions as necessary to deliver on the Roadmap’s goals. We welcome the initiatives undertaken by the FSB, the Bank for International Settlements’ (BIS) Committee on Payments and Market Infrastructures, the Financial Action Task Force (FATF), and other international organisations to advance progress in its implementation. We welcome the launch of the BIS Innovation Hub-G20 TechSprint 2025, which aims to promote innovative solutions that improve trust and integrity in open and scalable finance. We note the update on the FSB Roadmap for addressing climate-related financial risks and the upcoming FSB thematic peer review on the implementation of the high-level crypto assets and stablecoin recommendations.

We reaffirm our commitment to support the FATF and FATF-Style Regional Bodies in overseeing the implementation of the FATF Standards to combat money laundering, terrorist financing and proliferation financing across the Global Network. In particular, we reiterate the importance of stepping up global efforts to combat the misuse of legal entities, to foster increased asset recovery, to enhance payments transparency, and to promote innovation in the virtual assets sector, while mitigating illicit finance involving virtual assets. We also support FATFs ongoing work on emerging technologies and associated risks including from DeFi arrangements, stablecoins, and peer-to-peer transactions.

We reaffirm our commitment to financial inclusion and to promoting access to financial services for individuals and micro, small, and medium-sized enterprises (MSMEs). We welcome insights from the Presidency’s Priority Paper on “Moving from Access to Usage,” which offers innovative approaches to enhance the use of financial services across payments, savings, credit, insurance, and remittances. We support the ongoing implementation of the G20 Global Partnership for Financial Inclusion Action Plan for MSME Financing. We also welcome the deliverable to explore the role of new and innovative technologies in enhancing the quality of financial inclusion for individuals and MSMEs.

International Taxation

We will continue engaging constructively to address concerns regarding Pillar Two global minimum taxes, with the shared goal of finding a balanced and practical solution that is acceptable for all. Delivery of a solution will need to include a commitment to ensure any substantial risks that may be identified with respect to the level playing field, including a discussion of the fair treatment of substance-based tax incentives, and risks of base erosion and profit shifting, are addressed and will facilitate further progress to stabilise the international tax system, including a constructive dialogue on the tax challenges arising from the digitalisation of the economy. These efforts will be advanced in close cooperation across the membership of the OECD/G20 Inclusive Framework (IF), preserving the tax sovereignty of all countries. We look forward to the OECD and Global Forum stock take report on tax transparency; the IF stock take report on BEPS; the OECD report on the exchange of real estate information on a voluntary basis to combat tax evasion and avoidance; the Platform for Collaboration on Tax (PCT) report on the progress in strengthening capacity-building frameworks to enhance technical assistance; and the IMF report on strengthening revenue administrations to improve domestic revenue mobilisation (DRM). We welcome the announcement of the PCT to hold the Tax and Development Conference, with a focus on DRM, in Tokyo next year.

Recalling the G20 Rio de Janeiro Ministerial declaration on International Tax Cooperation, we welcome the IF’s decision to adopt a phased, evidence-based approach to explore global mobility and understand the interaction between tax policy, inequality and growth. We also welcome discussions to enhance the effectiveness and inclusivity of the IF. We note the ongoing negotiations to establish a United Nations Framework Convention on International Tax Cooperation and the participating G20 members reaffirm the objectives to reach broad consensus and build on existing achievements, processes and on the ongoing work of other international organisations, while seeking to avoid unnecessary duplication of efforts.

Joint Finance Health Task Force

The Joint Finance-Health Task Force (JFHTF) remains committed to strengthened finance and health co-ordination in relation to pandemic prevention, preparedness, and response (PPR). We emphasise the importance of efficient and effective health spending and domestic resource mobilisation, given the current reductions in donor assistance, as well as the need for better coordination and alignment of external and domestic funding flows. We note the preliminary insights of the updated versions of the Global Report on the Framework for Economic Vulnerabilities and Risks (FEVR) and of the Operational Playbook for response financing. We also note the Simulation exercises on pandemic response financing undertaken by finance and health officials and look forward to further exercises. We note the independent Joint Finance Health Task Force stocktake report, note the focused reconvening of the High-Level Independent Panel, and will continue to work with the Pandemic Fund and other global health funds that catalyse international and domestic investment actions to strengthen pandemic prevention, preparedness and responses.

We note the outcome of the Fourth International Conference on Financing for Development, held from June 30 to July 3, 2025, in Seville, Spain, and the renewed commitment by participating countries to support developing countries in achieving their development objectives.

We acknowledge the upcoming COP30 in Belém and note participating countries’ engagement within the COP30 Circle of Finance Ministers.

We concluded our first cycle of G20 Finance Ministers and Central Bank Governors meetings on the vibrant continent of Africa, joining the people of South Africa in celebrating Nelson Mandela Day. Our discussions over the past two days centred on creating a better world, embodying the spirit of Mandela’s values. We look forward to our next meeting in October 2025 in Washington, D.C.

MIL OSI Canada News –

July 24, 2025
MIL-OSI: $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Eastern Michigan Financial Corporation (OTCMKTS: EFIN)
Source: GlobeNewswire (MIL-OSI)

NEW YORK, July 23, 2025 (GLOBE NEWSWIRE) —

Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Eastern Michigan Financial Corporation (OTCMKTS: EFIN) related to its merger with Mercantile Bank Corporation. Upon completion of the proposed transaction, each outstanding share of Eastern Michigan common stock will be converted into the right to receive $32.32 in cash and 0.7116 shares of Mercantile common stock. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/eastern-michigan-financial-corporation/. It is free and there is no cost or obligation to you.

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

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

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

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

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

The MIL Network –
July 24, 2025
MIL-OSI: $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Eastern Michigan Financial Corporation (OTCMKTS: EFIN)
Source: GlobeNewswire (MIL-OSI)

NEW YORK, July 23, 2025 (GLOBE NEWSWIRE) —

Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Eastern Michigan Financial Corporation (OTCMKTS: EFIN) related to its merger with Mercantile Bank Corporation. Upon completion of the proposed transaction, each outstanding share of Eastern Michigan common stock will be converted into the right to receive $32.32 in cash and 0.7116 shares of Mercantile common stock. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/eastern-michigan-financial-corporation/. It is free and there is no cost or obligation to you.

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

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

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

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

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

The MIL Network –
July 24, 2025
MIL-OSI NGOs: World’s highest court delivers historic protections for climate-impacted communities

Source: Greenpeace Statement –

The Hague, Netherlands – The world’s highest court has just delivered a landmark Advisory Opinion on the obligations of States in the face of the climate emergency.[1] The International Court of Justice (ICJ) decision delivers historic protections that strengthen the responsibilities of States under international law beyond the Paris Agreement, with several key additional obligations including the duty of all countries to prevent significant harm to the environment and the duty to cooperate.

The Court’s decision obligates States to regulate businesses on the harm caused by their emissions regardless of where the harm takes place. Significantly, the Court found that the right to a clean, healthy and sustainable environment is fundamental for all other human rights, and that intergenerational equity should guide the interpretation of all climate obligations.

Danilo Garrido, Legal Counsel at Greenpeace International, said:

“This is the start of a new era of climate accountability at a global level. The ICJ advisory opinion marks a turning point for climate justice, as it has clarified, once and for all, the international climate obligations of States, and most importantly, the consequences for breaches of these obligations. This will open the door for new cases, and hopefully bring justice to those, who despite having contributed the least to climate change, are already suffering its most severe consequences. The message of the Court is clear: the production, consumption and granting of licenses and subsidies for fossil fuels could be breaches of International Law. Polluters must stop emitting and must pay for the harms they have caused.”

The decision also clarifies that breaches of climate obligations give rise to full reparations: including stopping harmful actions, and giving financial compensation for any related losses and damages. These can include compensation for climate harm and even the need for an immediate cessation of GHG emissions above a science-based safety threshold. Most significantly, the Court made important findings that will ensure climate justice for future generations in the most climate-impacted communities, offering a historic level of protection.

Flora Vano, Vanuatu Women-Led Community Leader, said:

“Tonight I’ll sleep easier. For the first time, it feels like Justice is not just a dream but a direction. The ICJ has recognised what we have lived through – our suffering, our resilience and our right to our future. This is a victory not just for us but for every frontline community fighting to be heard. Now, the world must act.”

Earlier this month, the Inter-American Court of Human Rights delivered another historic decision on the obligations of States in the face of the climate emergency.[2] The Court established that governments must take “urgent and effective actions” to safeguard the right to a healthy climate, and that companies have obligations with regard to climate change and its impacts on human rights. This decision unequivocally puts the rights of people and nature above the interests of polluters.

In 2023, Greenpeace International’s iconic ship, the Rainbow Warrior, sailed through the Pacific and gathered testimonies from communities affected by climate change. These were submitted to the ICJ, along with testimonies from other communities on the frontlines of the climate crisis.[3] Subsequently, the Court held a two-week-long public hearing on the obligations of States with respect to climate change, featuring testimonies of impacts and resistance of frontline communities across the world, and with unprecedented participation from States and international organisations, following written comments submitted to the Court last year.[4][5]

Today’s decision adds to the global momentum towards climate accountability and to the Polluters Pay Pact, a global alliance of over 200,000 people on the frontlines of climate disasters, concerned citizens, first responders like firefighters, humanitarian groups, political leaders, and more than 60 NGOs, including Greenpeace International. It demands that governments worldwide make oil, coal and gas corporations pay their fair share for the damages they cause.

ENDS

High resolution images for media use can be found in the Greenpeace Media Library

Notes:

[1] Obligations of States in respect of Climate Change Request for Advisory Opinion

[2] The Inter-American Court of Human Rights, one of three regional human rights courts in the world, has the role to interpret and clarify the obligations of States. Its decisions inform national governments and courts. Read the full decision, Opinión Consultiva (in Spanish)

[3] Greenpeace submits brief to the International Court of Justice on the Obligations of States Regarding Climate Change

[4] Major milestone reached in historic climate judgement as States submit arguments to world’s highest court

[5] In 2019, 27 law students from The University of the South Pacific united in forming Pacific Islands Students Fighting Climate Change, with a campaign for the International Court of Justice to issue an Advisory Opinion on the responsibilities of States in respect to climate change. The resolution, put forward by Vanuatu alongside a global alliance of States, passed the United Nations General Assembly unanimously in March 2023, co-sponsored by over 130 countries.

Contacts:

Marie Bout, Strategic Comms Manager, Greenpeace International Climate & Energy Programme, +33 (0) 6 05 98 70 42, [email protected]

Greenpeace International Press Desk, +31 (0) 20 718 2470 (available 24 hours), [email protected]

MIL OSI NGO –

July 24, 2025
MIL-OSI Submissions: Subsidising e-bikes instead of cars could really kick the electric vehicle transition into high gear

Source: The Conversation – UK – By Noel Flay Cass, Research Fellow in Energy Demand Behaviour, University of Leeds

If you’re thinking of buying a new electric car worth up to £37,000, the UK government has offered to knock up to £3,750 off the price. The measure adds up to £650 million in grants for people to buy EVs (electric vehicles), but as a researcher who studies transport policy and climate change, I think this money would be better spent subsidising e-bikes.

Numerous questions surround the new government policy. Might people who can afford a new car buy one anyway, without the 10% discount? Might car dealers simply reduce the discounts they offer by a similar amount? Given the 20% VAT on an EV, doesn’t a sale actually result in a 200% immediate return for the government? And isn’t this mainly a bung to car manufacturers and company fleets?

The grants come on top of financial assistance for replacing cars, vans, taxis and motorbikes with electric options, announced in February – £120 million in total, including £500 grants for e-motorbikes. But almost no subsidies are available for two-wheeled, pedal-assisted EVs: e-bikes and e-cargo bikes.

The main financial help for buying e-bikes is the cycle to work salary-sacrifice scheme. The employer buys the bike and then instalments are deducted from a participant’s pay before tax, but the scheme’s eligibility is limited to employees on standard payroll tax (PAYE workers) whose sacrifices don’t drop their pay below minimum wage.

This also excludes those who are out of work, the low-paid, the self-employed and retired, arguably people who might benefit most from an e-bike.

Benefits beyond carbon savings

We know that e-bike owners replace lots of trips and miles driven by cars. We also know the upfront cost of around £2,000-£3,000 is a barrier to more people owning one, despite e-bikes being much cheaper than cars.

Estimates of annual carbon savings from e-bikers avoiding car trips vary, from as little as 87kg CO₂ in a 2016 study to 394kg in research published the following year. Estimates published in 2020 and 2023 put the annual climate dividend at 225kg and 168kg of CO₂ respectively – roughly in line with emissions for one person making a return short-haul flight.

E-bikes provide extra propulsion to make long or arduous journeys easier for more riders.
Umomos/Shutterstock

These might seem small savings compared to the tonnes of CO₂ that an EV can save. However, e-bike incentives would have two big advantages.

First, policies that encourage active travel, including cycling, have been assessed by the government multiple times to determine the payoff from investment. It turns out that they have huge benefit to cost ratios – 9:1 on average (internationally it’s 6:1).

Conservatively, policies to encourage cycling pay back £5.50 in social benefits for every £1 invested. These benefits are largely savings for the healthcare system. In a project I worked on, in which we lent e-cargo bikes for free to 49 households in Leeds, Brighton and Oxford for several months, e-cargo bike users cycled up to three times more than non-users in our surveys.

E-cargo bike borrowers also reported mental-health benefits on top of satisfaction at being able to combine fitness with functional everyday trips, which were longer than they would attempt on a conventional bike. The cargo bikes especially helped with combining trips – commutes with shopping and school runs, for instance – meaning that more than 50% of trips and miles replaced car usage.

Precious cargo.
R.Classen/Shutterstock

Second, e-bike incentives can be designed to appeal especially to the lower-paid, who have been found to use their e-bikes more than wealthier buyers, which would also replace more car trips. The highest of a sliding scale of means-tested incentives in a Canadian study attracted poorer first-time e-bike buyers with existing high car-use.

This reaped average annual carbon savings of 1,456kg for those in receipt of the maximum CAN$1,600 (£868). As the authors suggest, these incentives may have helped low-income households realise their preferences for less dependence on cars.

E-bike grants could get more people out of cars

But how many drivers want to drive less? According to research that groups people into camps based on travel preferences, up to 50% of travellers in the UK are “malcontented motorists” and “active aspirers” (to travel differently).

Research has shown great potential for wider e-bike ridership.
Halfpoint/Shutterstock

Our research also found that guilt, or trying to minimise car use, was a major motivator for nearly all of our participants. While the government has funded free e-(cargo) bike trials like ours, the main cycling organisations we talked to pointed out that use would “fall off a cliff” when the trial ends because of the cost barrier. Those who would struggle to buy one were back in the same position as before.

A government evaluation of free e-bike loans concluded they were poor value for money, but it tracked purchases made soon after with a tiny response rate. Our project followed up after a year and found 20% of our borrowers had bought an e-cargo bike. Trial loans and grants together might achieve even more.

The new EV grant money could provide nearly 750,000 e-bike or e-cargo bike purchase-incentives the size of the Canadian ones, which could lead to annual carbon savings of 1.125 million tonnes of CO₂, according to the weekly average savings they found in that group.

Given the conservative benefit to cost ratio of 5.5:1 from such a UK scheme, this investment could also reap more than £3.6 billion in social benefits – especially from a fitter car-dependent population. There would potentially be a massive boost to the struggling UK e-bike and e-cargo bike market as well.

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

Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed so far.

Noel Flay Cass receives funding from UK Research & Innovation grant EP/S030700/1 through the Elevate project: (Innovative Light ELEctric Vehicles for Active and Digital TravEl).

– ref. Subsidising e-bikes instead of cars could really kick the electric vehicle transition into high gear – https://theconversation.com/subsidising-e-bikes-instead-of-cars-could-really-kick-the-electric-vehicle-transition-into-high-gear-261429

MIL OSI –

July 24, 2025
MIL-OSI Submissions: Five ways professional athletes are redefining the limits of age in sport

Source: The Conversation – UK – By Paul Hough, Lecturer Sport & Exercise Physiology , University of Westminster

Maciej Rogowski Photo/Shutterstock

In elite sport, the phrase “past your prime” is rapidly being redefined.

At 38, Jess Fishlock just became the oldest goalscorer in UEFA Women’s Euro history. At Euro 2024, Portuguese defender Pepe made headlines not for a red card or faking injury — but for simply stepping onto the pitch at age 41, becoming the oldest player to feature in a European Championship. Fellow veterans Cristiano Ronaldo (39), Luka Modrić (38), and Keylor Navas (38) also made appearances.

And it’s not just football. Serena Williams won the Australian Open at 35 (while pregnant). Roger Federer won a Grand Slam at 36. Rafael Nadal became the oldest French Open champion at 36. Novak Djokovic, now 38, won Olympic gold in 2024 and reached the semi-finals of all three Grand Slams this 2025.

In American sports, Tom Brady retired at 45 after 23 physically punishing NFL seasons. LeBron James, at 39, is still dominating in the NBA, having won the inaugural NBA Cup with the LA Lakers in 2023.

These aren’t just feel-good stories; they reflect a growing trend. Athletes are staying competitive for longer and pushing the boundaries of peak performance. But how?

Research backs the shift. A study on Olympic athletes found that between 1992 and 2021, the average age of male Olympians rose from 25 to 27, and female athletes from 24 to 26. In football, a study of UEFA Champions League players found the average player age rose by nearly two years between 1992 and 2018.

So how are older athletes continuing to thrive in elite sport? Here are some of the key factors.

1. Smarter training

Modern athletes benefit from personalised training programmes informed by cutting-edge sports science. Tools like GPS tracking, heart rate variability (HRV), and biomarker analysis help coaches monitor performance, recovery and injury risk.

Metrics such as HRV, for example, can indicate when an athlete might need more rest, which is crucial for older athletes who take longer to recover after intense competition.

Athletes are no longer reliant on a single coach. Today, they work with integrated teams – sports scientists, strength and conditioning coaches, and performance analysts – all dedicated to improving their fitness and performance.

2. Better injury prevention and medical support

Athletes now undergo regular fitness testing and musculoskeletal screening to identify potential weaknesses before they lead to injury. And when injuries do occur, recovery methods have vastly improved.

Anterior cruciate ligament (ACL) injuries were once considered career-ending for older athletes. But thanks to advanced surgical techniques and biological therapies, recovery is now faster, and athletes return to play much sooner.

Zlatan Ibrahimović, at age 35, returned to top-level football just seven months after an ACL tear – a feat nearly unthinkable a decade earlier.

3. Optimised recovery and nutrition

Ageing athletes have different recovery needs — and sports science has stepped up. Cryotherapy, compression therapy, and advanced sleep protocols all help reduce muscle soreness and accelerate repair.

Nutrition plays a key role too. Ageing bodies experience more inflammation and slower repair, so diets rich in polyphenols (found in berries, leafy greens, and dark chocolate) are used to support vascular health and recovery. Athletes may also take approved supplements such as glucosamine and chondroitin to support joint health and slow degeneration.

The result? Older athletes can train more consistently and recover faster between games.

4. Experience and tactical intelligence

Speed and strength decline with age, but tactical intelligence often improves. Older athletes can compensate for age-related declines in physical capacity with their advanced game-reading skills and spatial awareness. For instance, footballers like Paul Scholes and Andrés Iniesta adapted their playing styles with age, relying more on positioning and passing intelligence than physical capacity.

5. Financial and legacy incentives

Today’s stars aren’t just competing for medals – they’re building brands. With massive financial rewards on offer, there’s a clear incentive to prolong careers.

Cristiano Ronaldo, for example, recently signed a two-year contract extension with Al-Nassr that will see him play until age 42 — reportedly earning an estimated £492 million. For many athletes, the chance to leave a lasting legacy and secure generational wealth keeps them in the game.

While we can’t stop the biological effects of ageing, today’s athletes are proving we can delay their impact – and even thrive later in life.

With smarter training, better recovery strategies and cutting-edge medicine, the upper age limit for peak performance continues to stretch. These advances may allow more veteran athletes to defy expectations and continue competing at the highest level.

Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

Paul Hough 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. Five ways professional athletes are redefining the limits of age in sport – https://theconversation.com/five-ways-professional-athletes-are-redefining-the-limits-of-age-in-sport-261028

MIL OSI –

July 24, 2025
Centre steps up measures to improve health and well-being of women

Source: Government of India

Source: Government of India (4)

The Centre has undertaken a series of initiatives aimed at improving women’s health, hygiene, and overall well-being, with a particular focus on reducing hardship, ensuring access to essential services, and promoting safety and dignity for women across the country.

In a written reply to a question in the Rajya Sabha, Minister of State for Women and Child Development Savitri Thakur outlined several schemes that have played a crucial role in this regard, including Ujjwala Yojana, Jal Jeevan Mission and Swachh Bharat Abhiyan. These programmes, she said, have significantly reduced the drudgery and time poverty faced by women, while also improving health outcomes.

As part of the Swachh Bharat Abhiyan, over 11.8 crore individual household latrines have been constructed nationwide. The Jal Jeevan Mission, meanwhile, has facilitated the provision of tap water connections to approximately 15.6 crore rural households.

To enhance access to affordable healthcare products for women, the Department of Pharmaceuticals under the Ministry of Chemicals and Fertilizers is implementing the Pradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP). Over 16,000 Janaushadhi Kendras have been established under this initiative, offering essential medicines and oxo-biodegradable sanitary napkins branded as Suvidha, priced at ₹1 per pad.

The government has also introduced the ‘Scheme for Promotion of Menstrual Hygiene’ for adolescent girls aged 10-19, under the National Health Mission. The scheme provides subsidised sanitary napkin packs through Accredited Social Health Activists (ASHAs) and includes training for field workers as well as awareness drives. National guidelines on Menstrual Hygiene Management (MHM), developed under the Swachh Bharat Abhiyan, further aim to address behavioural change related to sanitation and hygiene, particularly in rural areas.

Addressing the needs of working women and girl students, the Ministry of Women and Child Development has been implementing the Sakhi Niwas scheme-also known as the Working Women Hostel scheme-under the broader Mission Shakti initiative. The scheme is designed to provide safe and accessible accommodation for working women, as well as those pursuing higher education or training, across urban, semi-urban, and rural areas. It also includes provision for day-care facilities for the children of residents.

In a push to expand infrastructure for women’s accommodation, the Ministry of Finance has allocated ₹5,000 crore under the Special Assistance to States for Capital Investment (SASCI) scheme for construction of new working women hostels. So far, approval has been granted for the construction of 254 hostels across 28 States, with a total capacity of 52,991 beds at an estimated cost of ₹4,826.31 crore. Of this, ₹3,147.66 crore has already been disbursed to the States for the financial year 2024-25.

July 24, 2025
MIL-OSI Canada: New Board Appointments Made to Saskatchewan’s Commercial Crown Corporations
Source: Government of Canada regional news

Released on July 23, 2025

Today, new board of director appointments were announced in the Crown sector.

“Our government sincerely appreciates the leadership and service that each Crown board provides to their respective corporation,” Crown Investments Corporation Minister Jeremy Harrison said. “Many of the outgoing board members have served for multiple terms in their current role and have helped to lead initiatives that have truly benefited Saskatchewan people.”

Out of a current total of 66 board members, there are:
- five individuals who are changing responsibilities by being appointed to a new Crown;
- 15 individuals who are new to the Crown sector; and
- 24 individuals who are reappointed in their current Crown Board.
These changes are a result of both board renewal and current expiration of terms.

Board renewal is rooted in sound governance practice, and any outgoing board members’ skills, expertise and knowledge are evaluated for potential reappointments or redeployments to other government boards.

“The oversight role of Saskatchewan’s commercial Crowns directly contributes to the province’s strong economy and a bright future for the people of Saskatchewan,” Harrison siad. “The individuals appointed today have the skills, knowledge and abilities to perform these duties as effectively as past board members have.”

All board members are being asked to serve to carry out the Crown Sector Strategic Priorities, which provide high-level shareholder direction that aligns the Crown sector with the government’s goals and priorities and are as follows:
- affordability;
- reliability;
- economic growth; and
- strong financial management.
As part of its oversight role, Crown Investments Corporation is committed to maintaining the highest standards of governance in the activities of its subsidiaries. All board members are subject to Criminal Record Checks and are supported with board training and orientation.

All the new appointments are Saskatchewan residents. A full list of Crown board membership is attached.

-30-

For more information, contact:

Media Relations
Crown Investments Corporation
Regina
Phone: 306-787-7732
Email: Communications@cicorp.sk.ca

MIL OSI Canada News –
July 24, 2025
MIL-OSI: New Presentation Connects Starlink to America’s Digital Future—Altucher Flags August 13 as Possible Key Moment

Source: GlobeNewswire (MIL-OSI)

Austin, TX, July 23, 2025 (GLOBE NEWSWIRE) — A newly released presentation by author and tech entrepreneur James Altucher is raising alarms about a potential digital turning point centered around Elon Musk’s Starlink satellite network. The presentation focuses on a trail of public comments, behind-the-scenes meetings, and a critical upcoming date—August 13, 2025.

According to Altucher, that date could signify the moment Starlink steps out of the shadows and into the spotlight—transforming not just how the world connects, but who controls that connection.

An Off-Grid Network With On-Grid Power

Altucher argues that Starlink isn’t simply a tool for high-speed internet access. It’s a sovereign, space-based grid designed to bypass traditional infrastructure—and with it, traditional oversight.

He believes this kind of system—if made public on a mass scale—could permanently shift the balance of digital power in the U.S. and abroad.

A Quiet Meeting, a Loud Signal

The kick-off point for Altucher’s prediction is a meeting between Elon Musk and industry insiders. Altucher says the meeting may have triggered the acceleration of a long-planned shift in how Starlink is positioned globally.

Altucher says that while most Americans were focused on other headlines, this high-level discussion could be the real story.

The Countdown Is Already Underway

Throughout the presentation, Altucher repeats one date: August 13, 2025.

He believes this moment could mark the beginning of a public rollout—possibly a structural transformation of Starlink itself. “After this date, the window could slam shut—and you may never have this same chance again,” he says.

He adds, “This is about timing. Not timing the market—but recognizing the moments when everything changes”

About James Altucher

James Altucher is a tech entrepreneur, bestselling author, and longtime observer of disruptive innovation. He has founded or co-founded more than 20 companies, authored 25+ books including Choose Yourself and Skip the Line, and contributed to top outlets such as The Wall Street Journal, TechCrunch, and Forbes. He’s also a frequent guest on CNBC, Fox Business, and other major media platforms. Altucher’s work focuses on identifying turning points in technology and economics—before they go mainstream.

The MIL Network –

July 24, 2025
MIL-OSI: Music Licensing, Inc. (OTC: SONG) Enters Retainer Agreement with PCAOB-Registered Audit Firm for Review of Semi-Annual 2025 Financial Statements

Source: GlobeNewswire (MIL-OSI)

NAPLES, FL, July 23, 2025 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, a diversified holding company and the fifth public performance rights organization (PRO) established in the United States, today announced that it has officially executed a retainer agreement with a Public Company Accounting Oversight Board (PCAOB)-registered audit firm. The agreement covers the review of the Company’s semi-annual financial statements for the period ending June 30, 2025.

This engagement represents a critical milestone in the Company’s broader plan to adopt and maintain PCAOB-compliant financial reporting standards. It reflects a long-term commitment to enhancing transparency, supporting regulatory compliance, and upholding best practices in financial governance.

The formal retention of a PCAOB-registered firm follows the Company’s July 2, 2025 announcement regarding its intention to pursue annual audits and periodic reviews of financial statements. With the agreement now in place, the Company expects to proceed with the independent review process and release its semi-annual 2025 financials accordingly.

The initiative is designed to strengthen the integrity of the Company’s financial disclosures, build investor confidence, and support current and future capital markets activities.

Music Licensing, Inc. licenses music to leading platforms and businesses globally, including TikTok, iHeartMedia, Triller, Napster, 7Digital, and Vevo. The Company holds an estimated 7.4% share of the U.S. public performance rights market and administers a catalog of over 2.5 million musical works. This includes works by high-profile recording artists as well as content generated through artificial intelligence (AI) platforms.

The Company also maintains royalty interests in Listerine “Mouthwash” Antiseptic and in a large portfolio of musical works performed by internationally recognized artists such as The Weeknd, Justin Bieber, Kanye West, Elton John, Rihanna, Lil Nas X, and others.

This step positions the Company for continued operational growth, improved transparency, and future scalability in line with public company reporting standards.

About Music Licensing, Inc. (OTC: SONG) (ProMusicRights.com)

About Music Licensing, Inc. (OTC:SONG) (ProMusicRights.com)

Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.

Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and many others, including works generated by artificial intelligence (AI).

Additionally, Music Licensing, Inc. (OTC: SONG) holds royalty interests in Listerine “Mouthwash” Antiseptic and a vast portfolio of musical works by globally renowned artists, including The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, BlueFace, The Game, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many others.

Forward-Looking Statements:

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.

Non-Legal Advice Disclosure:

This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.

Non-Investment Advice Disclosure:

This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication

Contact: investors@ProMusicRights.com

SOURCE: Music Licensing, Inc

The MIL Network –

July 24, 2025
MIL-OSI Banking: Attend the July 24 live online event celebrating 10 years of Power BI

Source: Microsoft

Headline: Attend the July 24 live online event celebrating 10 years of Power BI

In 2015, Microsoft Power BI embarked on a mission to empower individuals, teams, and organizations to turn data into insights and action. Since then, we’ve grown into one of the world’s most adopted and beloved business intelligence platforms thanks to an incredible community of customers, partners, MVPs, power users, and data enthusiasts.

We want to celebrate this incredible journey by bringing together the global community to celebrate 10 years of Power BI with a live event on YouTube on Thursday, July 24th at 8AM Pacific Time/11AM EST/17:00 CET/21:30 IST.

This is a celebration you don’t want to miss! We’ll have Power BI’s own Guy in a Cube reflect on Power BI’s evolution, share behind-the-scenes stories, announce contest winners for our PBI10 data visualization contest, and even share some fun stories from the community. Watch the livestream at aka.ms/pbi10birthday.

Livestream attendees will get a special first look at some limited-edition Power BI swag. And if you’re attending the Fabric Community Conference (FabCon) in Vienna this September, you’ll get a chance to grab some swag in person. Our swag party is also going digital, so you can celebrate with us and your colleagues virtually! The download link will be available on our Power BI community site and displayed during the live event.

We’re also taking this moment to reflect on Power BI’s history and recognize our incredible community. Read more about our journey below.

Power BI’s Journey Over the Last Decade

Over the last ten years, Power BI has evolved tremendously. It began with a public preview that drew about 500,000 early adopters across 45,000 organizations. Since then, we’ve introduced over 1,500 features, continually adapting Power BI to meet the changing needs of our users. Today, Power BI is trusted by over 375,000 organizations, including 95% of the Fortune 500, and millions of users worldwide.

From its early days of empowering business intelligence through Excel integrations to the latest advancements in Copilot in Power BI, each chapter in Power BI’s journey reflects the passion of its community and drive for innovation. The timeline below highlights some of the defining moments along the way.

Power BI Customers Leading the Way with Data

Over the years, Power BI has grown because of the organizations and people who use it every day to drive change. From small businesses to global enterprises across various industries, our customers are the reason Power BI continues to evolve and improve.

We’ve seen enterprises such as Walmart’s finance organization standardizing Power BI, democratizing data, and making it available to end users from executive leadership to individual analysts. In the public sector, governments have used Power BI to improve operational efficiency, support vulnerable community members and even transform law enforcement. Non-profits, such as The Salvation Army UK, have leveraged Power BI to better track their outcomes and secure funding through data. And across the ecosystem, partner-built solutions are helping customers optimize everything from supply chains to financial reporting.

These stories reflect more than product usage. They highlight creativity, determination, and a shared belief in the power of data to make a difference. To all our customers and partners, thank you for pushing boundaries, sharing your feedback, and building what’s next alongside us. Power BI would not be what it is today without you.

Shout out to our MVPs and Community: The Heart of Power BI

We also want to celebrate our Power BI MVPs—experts and advocates who go above and beyond in the community. In honor of the 10th anniversary, Power BI MVPs from around the globe sent in videos sharing their personal Power BI journeys. These MVP stories are a powerful reminder of what makes the Power BI community special: a shared passion for data, a commitment to helping others, and a culture built on knowledge-sharing.

In recent weeks, social media has lit up with the #PBI10 hashtag as users around the world share their Power BI pride. From LinkedIn posts highlighting favorite dashboards to nostalgic tweets on X (formerly Twitter) reflecting on the platform’s early days, it’s been incredible to witness the outpouring of memories and creativity.

Leonardo Almeida recalled building a Power BI report back in 2015 that caught the attention of the President of Brazil and the Minister of Education. Christos Demertzis looked back on a decade-long journey with Power BI, saying, “I still have reports sitting in My Workspace from those early days, and looking back at them now… just WOW. The evolution of the platform has been nothing short of incredible.” And Mike Honey congratulated the Power BI team, sharing, “I clearly remember how electrifying it was when it all came together as Power BI. The product has been my primary focus ever since and has certainly kept me busy. May that continue for the next 10 years!”

In our community’s Career Hub forums, you can find stories of accountants, teachers, and marketing specialists who taught themselves Power BI and transitioned into roles such as BI analysts and data engineers. Companies of all sizes are investing in Power BI training to up-skill their workforce, recognizing that a data-literate workforce gives them a competitive edge.

The Power BI Community Forums started with a few thousand early adopters and have grown into millions of members today, sharing knowledge daily. Over 200 Power BI & Fabric User Groups have connected over members with meetups and events. A big thank you to our 500 Power BI user group leaders who connect passionate data enthusiasts across the world every day.

Thank You and See You at the Celebration!

Thank you for 10 amazing years! We can’t wait to celebrate with you and look ahead to the next decade of innovation, and we’re thrilled to continue this journey with all of you. As we like to say: empower yourself, empower others, and let’s keep turning data into insights and action—together. Happy 10^th birthday Power BI!

MIL OSI Global Banks –

July 24, 2025
MIL-OSI United Kingdom: ICJ ruling leaves UK with duty to speed up green transition

Source: Green Party of England and Wales

23 July 2025 by Green Party

Reacting to the International Criminal Court’s first-ever ruling on climate change, co-leader of the Green Party, Carla Denyer MP, said:

“In a landmark ruling today the ICJ has made clear that failure to take decisive action to protect the climate, through continued fossil fuel production and consumption and granting fossil fuel exploration licences, can be considered as acting ‘wrongfully’. This means the UK has a legal duty to speed up the transition towards a cleaner, greener economy and block any new licences for the extraction of fossil fuels.

“The ruling also made clear that human rights must be at the heart of climate action because climate breakdown affects our rights to health, homes, and livelihoods.

“The court has recognised that rich countries like the UK, responsible for ongoing and historic pollution, have a special responsibility to act, and to offer compensation to countries and communities already suffering from floods, droughts, and rising sea levels.

“Today’s ruling should be the moment we draw a line. Governments that fail to act and polluters that refuse to clean up their act must no longer be allowed to harm communities either at home or across the globe with impunity.”

MIL OSI United Kingdom –

July 24, 2025
MIL-OSI: Subsea7 awarded substantial contract
Source: GlobeNewswire (MIL-OSI)

Luxembourg – 23 July 2025 – Subsea7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a substantial⁽¹⁾ contract.

The project involves the engineering and offshore installation of flexible pipe, umbilicals, subsea equipment and a mooring system.

Project management and engineering activities will begin immediately at Subsea7’s office in Houston, Texas, with offshore operations expected to start in 2027.

No additional details will be provided at this time.

(1) Subsea7 defines a substantial contract as being between $150 million and $300 million.

*******************************************************************************
Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.

Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.

*******************************************************************************

Contact for investment community enquiries:
Katherine Tonks
Investor Relations Director
Tel +44 20 8210 5568
ir@subsea7.com

Contact for media enquiries:
Ashley Shearer
Communications Manager
Tel +1-713-300-6792
ashley.shearer@subsea7.com

Forward-Looking Statements: This document may contain ‘forward-looking statements’ (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995). These statements relate to our current expectations, beliefs, intentions, assumptions or strategies regarding the future and are subject to known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements may be identified by the use of words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘future’, ‘goal’, ‘intend’, ‘likely’ ‘may’, ‘plan’, ‘project’, ‘seek’, ‘should’, ‘strategy’ ‘will’, and similar expressions. The principal risks which could affect future operations of the Group are described in the ‘Risk Management’ section of the Group’s Annual Report and Consolidated Financial Statements. Factors that may cause actual and future results and trends to differ materially from our forward-looking statements include (but are not limited to): (i) our ability to deliver fixed price projects in accordance with client expectations and within the parameters of our bids, and to avoid cost overruns; (ii) our ability to collect receivables, negotiate variation orders and collect the related revenue; (iii) our ability to recover costs on significant projects; (iv) capital expenditure by oil and gas companies, which is affected by fluctuations in the price of, and demand for, crude oil and natural gas; (v) unanticipated delays or cancellation of projects included in our backlog; (vi) competition and price fluctuations in the markets and businesses in which we operate; (vii) the loss of, or deterioration in our relationship with, any significant clients; (viii) the outcome of legal proceedings or governmental inquiries; (ix) uncertainties inherent in operating internationally, including economic, political and social instability, boycotts or embargoes, labour unrest, changes in foreign governmental regulations, corruption and currency fluctuations; (x) the effects of a pandemic or epidemic or a natural disaster; (xi) liability to third parties for the failure of our joint venture partners to fulfil their obligations; (xii) changes in, or our failure to comply with, applicable laws and regulations (including regulatory measures addressing climate change); (xiii) operating hazards, including spills, environmental damage, personal or property damage and business interruptions caused by adverse weather; (xiv) equipment or mechanical failures, which could increase costs, impair revenue and result in penalties for failure to meet project completion requirements; (xv) the timely delivery of vessels on order and the timely completion of ship conversion programmes; (xvi) our ability to keep pace with technological changes and the impact of potential information technology, cyber security or data security breaches; (xvii) global availability at scale and commercially viability of suitable alternative vessel fuels; and (xviii) the effectiveness of our disclosure controls and procedures and internal control over financial reporting. Many of these factors are beyond our ability to control or predict. Given these uncertainties, you should not place undue reliance on the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. We undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 23 July 2025 at 18:20 CET.

Attachment
- SUBC Houston
The MIL Network –
July 24, 2025
MIL-OSI Africa: CORRECTION: Affluenz Magazine Unveils Commemorative Issue Spotlighting United Arab Emirates (UAE) Founding Father Sheikh Zayed, Noura Al Kaabi, and African Visionary Elvis Abuyere

Source: APO

Affluenz Magazine (www.Affluenz.com), International’s leading global luxury, leadership, and impact publication, has officially released its much-anticipated July/August 2025 issue — a special edition commemorating the 20th anniversary of the passing of His Highness Sheikh Zayed bin Sultan Al Nahyan, the Founding Father of the United Arab Emirates.

This commemorative edition features a powerful trio of cover stories — spotlighting the enduring legacy of Sheikh Zayed, the cultural diplomacy of UAE’s Minister of State, Noura bint Mohammed Al Kaabi, and the entrepreneurial excellence of Elvis Abuyere, CEO of Skywise Group, one of Africa’s most innovative investment firms.

This historic issue celebrates Sheikh Zayed’s vision of unity, progress, and inclusion — a legacy that continues to define the modern UAE. Affluenz Magazine delves into his leadership, values, and role in positioning the Emirates as a hub of diplomacy, innovation, and tolerance.

Also on the cover is Noura Al Kaabi, a global advocate for cultural dialogue and creative economies. In her exclusive interview, she discusses the UAE’s mission to foster global cultural exchange and its investment in youth empowerment across the Arab world and Africa.

Rounding out the trio is Elvis Abuyere, the young African magnate who has risen to prominence through Skywise Group’s diversified holdings in key industries such as automobiles, finance, travel, real estate, and philanthropy. His story of resilience, reinvention, and corporate leadership offers inspiration for a new generation of African entrepreneurs.

Beyond the covers, the issue features in-depth profiles on several influential leaders and institutions across Africa and the Middle East — from oil and gas executives and royalty to social innovators and philanthropists — all of whom are making measurable impact in their sectors and communities.

Beyond its striking covers, the July/August 2025 edition of Affluenz Magazine delivers an enriching array of exclusive features and compelling interviews that spotlight transformative figures shaping Africa and the global stage.

Among the celebrated personalities is Ameera Abraham, the trailblazing founder of The Nail Bar, who shares her journey in redefining luxury wellness and empowering a new wave of African beautypreneurs. Equally inspiring is Tonya Lawani, the formidable force behind SEAL Group, whose strategic leadership continues to drive innovation and empowerment across industries.

Linda Turner, founder of Linda Hope Initiatives and CEO of Jat Holdings, exemplifies the powerful blend of business acumen and humanitarian spirit. With ventures spanning real estate, fashion, interior design, and hospitality, she personifies resilience and compassion, balancing her roles as a mother, wife, entrepreneur, and advocate—all grounded in her unwavering commitment to uplifting lives.

Adunni Rinwa emerges as a beacon of integrity and innovation in Nigeria’s real estate sector. As founder and CEO of Rinwa Realty, she has revolutionized property investment and homeownership, raising the bar for transparency and delivery in the industry.

The issue also features Hassan Imam, Managing Director of Keystone Bank, recognized for his strategic role in redefining digital banking and financial inclusion in Nigeria. From the UAE, Hussain Abdulrahman Khansaheb is profiled for his contributions to sustainable urban development and visionary leadership in construction and infrastructure.

Adding to the intellectual gravitas of the edition is Peace Hyde, celebrated media entrepreneur, educator, and founder of Aim Higher Africa. Her voice continues to inspire a generation to dream big and build boldly.

Together, these stories reflect the essence of Affluenz Magazine: a publication committed to elevating Africa’s voices, capturing legacies in the making, and connecting excellence across continents.

Founded in 2011 as Pleasures Magazine and rebranded as Affluenz Magazine in 2024, the publication has evolved into a world-class platform that highlights African and Middle Eastern excellence, entrepreneurship, and culture. With editorial offices in Abuja, Dubai,Riyadh Accra, Washington DC and London, the magazine reaches readers in over 103 countries and maintains syndication through platforms like Yahoo Finance, Business Insider, and Washington Times.

Speaking about the new edition, Executive Publisher Adedotun Olaoluwa remarked:
“This special issue is not just a tribute to Sheikh Zayed, but a celebration of global visionaries — individuals building bridges across continents. Affluenz continues to be a vessel for celebrating our shared humanity and transformative leadership from Africa to the Middle East.”

The July/August 2025 issue is now available in digital and print formats across select global outlets, including Barnes & Noble (US), WHSmith (UK), and Virgin Megastore (UAE), as well as through Affluenz’s official website: www.Affluenz.com and Selar (https://apo-opa.co/45fvREG).

Distributed by APO Group on behalf of The Affluenz (formerly Pleasures Magazine).

Contact:
Dotmount Communications
Email: info@affluenz.com
Instagram: @ affluenzmag
Phone: +234 816 090 6918
https://apo-opa.co/45fvREG

Media files

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MIL OSI Africa –

July 24, 2025
MIL-OSI United Kingdom: The Israeli aid system is inhumane, ineffective, dangerous and fuelling instability: UK statement at the UN Security Council

Source: United Kingdom – Government Statements

Speech

The Israeli aid system is inhumane, ineffective, dangerous and fuelling instability: UK statement at the UN Security Council

Statement by Ambassador Barbara Woodward, UK Permanent Representative to the UN, at the UN Security Council open debate on the Middle East Peace Process.

My Foreign Secretary has been unequivocal: the war in Gaza must end now. Hamas and Israel must both commit to a ceasefire now.

A ceasefire is within reach and we urge all sides to make it a reality, to secure the release of the hostages, who have been cruelly held by Hamas since 7 October, and to end the appalling suffering of Palestinian civilians.

I will make three points.

First, the Israeli aid system is inhumane, ineffective, dangerous and fuelling instability. Reports and images this week of children dying from starvation are beyond horrific.

The IDF is shooting at desperate Palestinian civilians on an almost daily basis. Hamas is exploiting this disorder.

We call on Israel to end these attacks, hold those responsible to account and to work with the UN to implement effective aid distribution in line with humanitarian principles and international humanitarian law.

And let me reaffirm the UK’s firm and unequivocal support for the UN and OCHA in their brave efforts to get aid into Gaza.

We also condemn recent strikes on the WHO in Deir al Balah. Humanitarians and civilians must be protected.

Second, we condemn Defence Minister Katz’s proposals of forced displacement to Rafah. Illegal settlement expansion in the West Bank continues at pace as well as settler violence, and even terrorism, against Palestinians. This is an accelerating campaign to prevent a Palestinian state.

We condemn these attacks and call for Israel to hold its citizens to account.

We also oppose the reintroduction of the E1 settlement plan, which is a flagrant breach of international law.

Third, we are clear that Hamas must play no future role in the governance of Gaza or be able to threaten Israel’s security again. However, the organisation which represents a credible alternative to Hamas, the Palestinian Authority, is being undermined by Israeli actions.

Israel is withholding $2.6 billion in clearance revenues, crippling the Palestinian economy and pushing essential health and education services to the brink. This is not conducive to Israel’s security.

President, the United Kingdom is resolute in our commitment to a two-state solution and my Foreign Secretary has been clear that we are prepared to take further action to prevent the forcible erosion of the only viable path to lasting peace.

Next week’s conference, co-chaired by France and Saudi Arabia, is a vital opportunity to demonstrate the strength of international resolve to secure a better future for Israelis, Palestinians and the region.

Updates to this page

Published 23 July 2025

MIL OSI United Kingdom –

July 24, 2025
MIL-OSI USA: LEADER JEFFRIES: “THE TRUMP ADMINISTRATION AND HOUSE REPUBLICANS HAVE BEEN A COMPLETE AND TOTAL FAILURE”

Source: United States House of Representatives – Congressman Hakeem Jeffries (8th District of New York)

Today, House Democratic Leader Hakeem Jeffries held a press conference with Whip Katherine Clark and Caucus Chair Pete Aguilar ahead of the August District Work Period where they highlighted the commitment of House Democrats to delivering for the American people, while Donald Trump and Rubber Stamp Republicans celebrate their devastating cuts to healthcare and food assistance.

LEADER JEFFRIES: Good morning, everyone. Honored to be joined today by Whip Katherine Clark and Caucus Chair Pete Aguilar as we prepare to depart for the August District Work Period. The Trump administration and House Republicans have been a complete and total failure. These MAGA extremists promised they were going to lower costs in the United States of America. In fact, they promised the American people that costs would go down on day one. But costs haven’t gone down. They are on the way up. Inflation is up. It’s the quality of life of everyday Americans that is deteriorating. And Donald Trump and House Republicans are making things worse.

The One Big Ugly Bill will rip away healthcare from millions of Americans. Hospitals will close. Nursing homes will shut down. Community-based health clinics will be unable to operate. And as a result of the inability of everyday Americans to get the medical care that they need, people will die. This is a direct result of action taken by Donald Trump and House Republicans connected to the One Big Ugly Bill. It’s extraordinary that as we prepare to leave for the August District Work Period, what House Republicans can point to is a toxic and extreme Republican budget that will cause millions of Americans to be broke, sick and hungry. That’s the legislative accomplishment of House Republicans. And all of this was done to reward billionaires with massive tax breaks.

The One Big Ugly Bill is deeply unpopular. Donald Trump is deeply unpopular. And House Republicans haven’t done a damn thing to make life more affordable for the American people. During the August District Work Period, House Democrats will hold events all across the country talking about our efforts to build an affordable economy that lowers the high cost of living in the United States of America, to protect the healthcare of the American people and to combat the cultural corruption that exists in this town that undermines the ability to have a government of the people, by the people and for the people. We’re looking forward to holding town hall meetings across the country, at the same time that Republicans will continue to run away from town hall meetings. But we will fill the void that they are leaving and engage aggressively with the American people, all in service of building a country where everyone can experience the American dream.

Full press conference can be watched here.

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MIL OSI USA News –

July 24, 2025
MIL-OSI USA: Rep. Nadler and Rep. Bacon Reintroduce Legislation to Protect Organ Donors
Source: United States House of Representatives – Congressman Jerrold Nadler (10th District of New York)

Today, Representatives Jerrold Nadler (NY-12) and Don Bacon (NE-02) reintroduced the Living Donor Protection Act bill package to protect the rights of living organ donors. The Living Donor Protection Act is introduced as a two-bill package in the House, H.R. 4583, the Living Donor Protection Act and H.R.4582, the Living Donor FMLA Protection Act. The bills, taken together, are identical to last session’s Living Donor Protection Act and S.1552 introduced in the Senate this session.

“Every year, thousands of Americans die while waiting on an organ transplant, yet potential organ donors still face barriers that punish them for trying to selflessly save a life. Insurance discrimination and the threat of job loss can make it economically impossible for potential donors to move forward with donation and these roadblocks are costing lives,” said Representative Nadler. “Congress must do everything in its power to remove deterrents to organ donation, which is why Congress must pass the Living Donor Protection Act bill package.”

“Our state is fortunate to have Nebraska Medicine, which has a robust living donor kidney exchange program, performing more kidney chains which involves anonymous donors donating to someone without a compatible living donor, than almost any hospital nationwide. However, some living donors are discriminated against when it comes to rates and provision of life insurance and disability insurance,” said Representative Bacon. “This legislation will help open the doors to more living donors so we can save more lives.”

Organ donation saves thousands of lives every year, but burdensome roadblocks often stop individuals from becoming living donors. The Living Donor Protection Act bill package would protect living organ donors and promote organ donation in three easy, low-cost ways:
1. Prohibits life, disability, and long-term care insurance companies from denying or limiting coverage and from charging higher premiums based only on donor status;
2. Amends the Family and Medical Leave Act of 1993 to specifically allow private and civil service employees to use FMLA leave to recover from donation surgery; and
3. Directs HHS to update their materials on live organ donation to reflect these new protections and encourage more individuals to consider donating an organ.
Currently, there are over 103,000 people on the national transplant waiting list, with almost 90,000 people on the kidney transplant list. The average wait time for a kidney transplant is about three to five years, and during that time, many patients become too sick to receive a transplant or die—13 people die each year waiting for an organ transplant. Receiving an organ from a living donor can shorten this wait time and ultimately allow the best chance for long-term success. Unfortunately, studies have found that up to one in four living donors report discrimination in the rates and provision of life insurance and disability insurance, and they can struggle to receive time off from work to complete their donation and recovery. Reducing barriers to living organ donation and educating potential donors on the protections provided to them under law will help to promote living organ donation and save the lives of those waiting for a transplant.

The Living Donor Protection Act is endorsed by Alport Syndrome Foundation, American Association of Kidney Patients, American Council of Life Insurers, American Heart Association, American Kidney Fund, American Liver Foundation, American Nephrology Nurses Association, American Society of Nephrology, American Society of Pediatric Nephrology, American Society of Transplant Surgeons, American Society of Transplantation, Dialysis Patient Citizens, Global Liver Institute, IGA Nephropathy Foundation, International Society of Glomerular Disease, Kidney Transplant Collaborative, National Kidney Foundation, NephCure, the Nonprofit Kidney Care Alliance (NKCA), North American Transplant Coordinators Organization, Northwest Kidney Centers, the PKD Foundation, the Rogosin Institute, Sanofi, the United Network for Organ Sharing (UNOS), Transplant Recipients International Organization (TRIO), and Renal Physicians Association.

“On behalf of all kidney patients, organ donors and American taxpayers, the American Association of Kidney Patients salutes U.S. Senators Tom Cotton and Kristen Gillibrand and U.S. Representatives Don Bacon and Jerrold Nadler for introducing the bipartisan Living Donor Protection Act so that living organ donors will no longer face the Hobbesian choice of saving an innocent human life at the risk of losing insurance coverages that provide economic security and peace of mind to their families and loved ones. The time is now for America to transcend high-cost, high-mortality dialysis care as the default solution for people living with kidney failure and to encourage greater living organ donation and greater transplant opportunities for all Americans in need of a life-saving organ,” said Edward V. Hickey, III, President, American Association of Kidney Patients.

“Life insurers are committed to helping people access the financial protection they want and need for themselves and their families. The Living Donor Protection Act will help ensure that organ donors can continue to access life, disability income, or long-term care coverage, while upholding fair underwriting standards. Most importantly, it will safeguard those who selflessly give the gift of life through organ donation,” said David Chavern, President and CEO, American Council of Life Insurers.

“The selfless individuals who give the gift of life by donating a kidney should not face discrimination by life, long-term care, or disability insurers. This legislation would be a significant step in efforts to encourage more living donors and reduce the kidney transplant waiting list by providing the protections that living donors should receive for their lifesaving actions,” said LaVarne Burton, President and CEO, American Kidney Fund.

“No child or adult should die waiting for a liver transplant. We must work together to increase living organ donation, and the Living Donor Protection Act provides a tangible path forward by removing key barriers for those willing to give the gift of life. We are so grateful to Representatives Bacon and Nadler for their extraordinary leadership and commitment to advancing living donor transplantation, which will help thousands of liver patients throughout the country,” said Lorraine Stiehl, CEO, American Liver Foundation and caregiver to a transplant patient.

“ASN commends the re-introduction of the Living Donor Protection Act and accompanying Living Donor FMLA Protection Act, critical legislation which will remove barriers that discourage living donors from providing the life-saving gift of a kidney transplant. Americans who are considering becoming living donors deserve more support than the current system provides for them, and ASN believes the Living Donor Protection Act and accompanying Living Donor FMLA Protection Act are critical to achieve this goal,” said Prabir Roy-Chaudhury, MD, PhD, FASN, President, American Society of Nephrology President.

“On behalf of the American Society of Transplantation (AST), representing a majority of the nation’s transplant medical professionals, our Society strongly applauds and endorses the re-introduction of the Living Donor Protection Act (LDPA). AST is grateful for the ongoing and steadfast leadership of Representatives Bacon, Nadler and Senators Cotton and Gillibrand to protect transplant patients and strengthen living donation. The LDPA is a patient-focused bill seeking to remove policy barriers that might otherwise prevent an individual from providing a lifesaving donor organ. AST greatly appreciates this bipartisan, bicameral, and patient centric legislation. We look forward to working with you to advance the LDPA in this 119th Congress,” said Dr. Jon Kobashigawa, MD, President, American Society of Transplantation.

“On behalf of more than 2,000 transplant surgeons and professionals, the American Society of Transplant Surgeons (ASTS) enthusiastically commends the champions of the Living Donor Protection Act (LDPA) for their unwavering commitment to saving lives. As a tireless advocate for this legislation since its inception—and a proud partner in shaping its recent progress—ASTS is thrilled to see the momentum continue following the bill’s strong bipartisan support in the 118th Congress. With a preliminary CBO score of zero, there is no better time for Congress to act. Passing the LDPA will provide vital, commonsense protections for living donors and remove unnecessary employment and insurance barriers to giving the ultimate gift: the gift of life,” said Ginny L. Bumgardner, MD, PhD, American Society of Transplant Surgeons.

“Global Liver Institute strongly supports the Living Donor Protection Act as an essential step to save lives by making the donation process affordable for living donors and protecting their employment. This bipartisan legislation was a collaborative effort, reflecting the policies determined most important to support living donors as determined by organ donors, liver and kidney patients, the insurance industry, transplant professionals, nephrologists, advocacy organizations and disease professionals. We look forward to its final passage in the 119th Congress,” said Larry Holden, President and CEO, Global Liver Institute.

“Living donors are heroes demonstrating compassion and generosity, and they are also rigorously screened individuals at the peak of health. Our family, friends and neighbors who choose to give the gift of a kidney enable thousands of Americans per year to resume a life where they can fully contribute to society, the economy, and their families rather than being limited by the life-support stopgap of dialysis. The ISGD enthusiastically endorses the Living Donor Protection Act,” said Laurel Damashek, Executive Director, International Society of Glomerular Disease and living donor kidney transplant recipient.

“We applaud Representatives Bacon and Nadler for their continued leadership on the Living Donor Protection Act. Taking this new approach of splitting the bill to ensure a smoother passage is an appropriate and needed step. These bills are a bipartisan approach to address the national organ shortage crisis, remove barriers to transplantation and recognize the courage and generosity of those who choose to save lives through donation. We urge Congress to pass this legislation quickly,” said Kevin Longino, CEO, National Kidney Foundation and a kidney transplant recipient.

“As nonprofit dialysis providers, kidney transplant is an ideal outcome for many of our patients and legislation to protect and support living donors is critical to our patient-centered mission,” said Monica Massaro, Executive Director, Nonprofit Kidney Care Alliance.

“Polycystic kidney disease currently has no cure, and for many of the 600,000 patients living in the US, organ transplantation becomes their best path forward when kidney function declines. Living donors don’t just extend lives—they reduce strain on our health care system and save taxpayer money by helping patients avoid dialysis. Yet needless barriers disincentivize many from stepping up to help. The Living Donor Protection Act is a commonsense, bipartisan solution that will ensure living donors are protected, not penalized, for their generosity,” said Susan Bushnell, President and CEO, Polycystic Kidney Disease (PKD) Foundation.

“As a pioneer in transplantation since performing New York State’s first living donor kidney transplant in 1963, The Rogosin Institute believes that kidney transplantation is the ideal treatment for patients with end-stage kidney disease. We are proud to wholeheartedly endorse all components of the Living Donor Protection Act. Importantly, the Act will remove barriers to donation such as insurance uncertainty and financial insecurity. Rogosin extends our thanks to the bipartisan members of Congress supporting this critical legislation. We thank Congressmen Bacon and Nadler for championing the Living Donor Protection Act,” said The Rogosin Institute.

“Living organ donors save people’s lives and should be able to give the gift of life without fear of insurance discrimination or financial retribution, especially as they recover from surgery. The Living Donor Protection Act rightfully protects these selfless individuals from this. Thank you, Sens. Cotton and Gillibrand and Reps. Bacon and Nadler for your bipartisan leadership and for standing up for living organ donors,” said Maureen McBride, Ph.D., CEO, United Network for Organ Sharing.

The text of the bills can be found here and here.

###

MIL OSI USA News –
July 24, 2025
MIL-OSI USA: Governor secures additional federal flooding assistance – Federal resources and funding available for Lincoln County response

Source: US State of New Mexico

SANTA FE – The state of New Mexico today announced that the federal government has issued a Major Disaster Declaration for New Mexico communities damaged by flooding, unlocking federal funds to support response and recovery efforts in Lincoln County.

“This federal declaration delivers the action we sought for a community that has shown incredible resilience through repeated disasters.” said Gov. Michelle Lujan Grisham. “The people of Lincoln County deserve every resource we can provide, and we will continue working until every family and business in New Mexico has fully recovered.”

The declaration will make financial assistance available to individuals, households and businesses in Lincoln County with losses or damage caused by the flooding on July 8. Residents can apply for assistance online at disasterassistance.gov or by calling 1-800-621-3362 between 6 a.m. and 10 a.m. MST.

The declaration also approves funding for emergency work and debris removal for Lincoln County. This will come in the form of reimbursement for 75 percent of costs for response operations, emergency work, and debris removal from public property.

The state continues to push for additional federal resources for permanent repairs to public infrastructure and to add more counties including Chaves, Otero and Valencia counties.

A state Disaster Recovery Center is open from 9 a.m. to 7 p.m. at the ENMU-Ruidoso Annex, 709 Mecham Dr., Ruidoso, N.M. 88345. State disaster case managers are on site, along with representatives from state agencies who can help with FEMA assistance applications, document replacement, insurance questions and other resources. Residents may also call the State Disaster Helpline at 1-833- 663-4736 from 7 a.m. to 7 p.m. or visit the New Mexico Department of Homeland Security and Emergency Management’s website for additional information.

MIL OSI USA News –

July 24, 2025
MIL-OSI USA: Safeguarding Lake Champlain with Wastewater Upgrades
Source: US State of New York

overnor Hochul today announced the completion of a critical $3.1 million wastewater infrastructure improvement project in the Town of Westport, Essex County. The improvements not only protect public health and the environment but also help preserve Lake Champlain’s role as a vital driver of the local tourism economy. State, federal, and local investments are minimizing the financial impact of this critical project on local ratepayers.

“Every New Yorker deserves access to affordable clean water and reliable infrastructure,” Governor Hochul said. “This investment in Westport is a win for families, local businesses, and the millions who visit Lake Champlain each year. By making critical upgrades affordable for small communities, we’re protecting public health, supporting a vital tourism economy and building a more sustainable future for the Adirondacks, North Country and beyond.”

Project Overview

The project focused on rehabilitating Sewer District No. 1 to address critical infrastructure needs. Deteriorated pipes and manholes had allowed excessive stormwater and groundwater to infiltrate the wastewater collection system. This excess flow strained the wastewater treatment plant and threatened the local watershed.

By lining and replacing deteriorated gravity sewers and manholes, the town achieved a substantial reduction in key areas of the district; the town has substantially reduced inflow and infiltration. This crucial improvement significantly enhances the reliability and resiliency of its wastewater treatment operations, ensuring long-term compliance with state environmental regulations, and directly contributing to improved water quality in Lake Champlain, a vital regional resource.

Funding Breakdown

To help Westport affordably undertake this project, New York State Department of Environmental Conservation provided a grant, and the New York State Environmental Facilities Corporation provided a grant and interest-free financing package:
- $1.9 million Water Quality Improvement Project grant
- $100,000 Wastewater Infrastructure Engineering Planning Grant to jumpstart the project. Planning grants set the framework to advance fiscally sound and well-designed projects to construction by supporting completion of an approvable engineering report for the project
- $309,000 Water Infrastructure Improvement grant
- $928,000 interest-free hardship financing from the Clean Water State Revolving Fund
The financial assistance provided to Westport through the Clean Water State Revolving Fund is projected to save local ratepayers over $1.3 million in debt service compared to traditional financing. In the short-term, loans subsidized through the State Revolving Funds can save communities as much as 75 percent in interest payments compared to borrowing in the municipal bond market.

In the long-term, State Revolving Fund loan repayments to EFC create a self-sustaining source of recurring revenue to meet the never-ending need to rehabilitate, replace and modernize aging infrastructure in the State. The State Revolving Funds are New York’s primary financial mechanism for advancing its clean water goals, delivering over $1 billion annually to communities statewide. Combined with targeted State grants, the State Revolving Funds are part of New York’s broader strategy to maximize the impact of infrastructure dollars, ensuring every region benefits from cleaner water, safer systems, and long-term sustainability.

Fully funded State Revolving Funds are necessary for New York to be prepared to meet the never-ending need for communities to repair, rehabilitate and modernize aging infrastructure in the future. Access to affordable financing increases investment in water infrastructure, which can prevent costly catastrophic system failures and alleviate pressure on utilities to raise rates, providing relief to many families already struggling to pay their water bills.

Investing in the Adirondacks

This project is part of Governor Kathy Hochul’s comprehensive affordability and clean water agenda to help ensure communities statewide have access to safe and sustainable water systems. The State allocated 22 percent of its financial assistance through the State Revolving Funds to Adirondack communities this year, totaling $263 million. In the past decade, EFC has awarded $623 million in financing and State and federal grants to projects in the Blue Line. This amount includes $316 million in State Water Infrastructure Improvement grants, reinforcing the State’s commitment to helping small, rural communities affordably invest in water infrastructure. These strategic investments are helping to modernize aging systems, safeguard natural resources, and reduce the financial burden on rural ratepayers.

In the last 10 years, DEC funded 76 projects in the Adirondacks through WQIP alone, totaling more than $71 million to upgrade critical water and sewer infrastructure and protect water quality and the environment. At least $75 million is currently available through DEC’s WQIP program and up to $3 million is available through DEC’s Non-Agriculture Nonpoint Source Planning and Municipal Separate Storm Sewer System (MS4) Mapping Grant (NPG) program.

Applications for these grants are available through the New York State’s Consolidated Funding Application (CFA) through July 31, 2025, at 4 p.m.

Supporting Small and Rural Communities

Under Governor Hochul’s leadership, EFC is currently accepting applications for $325 million in grants, including enhanced awards for sewer projects in small and rural communities. Even with substantial state support for water infrastructure, many small municipalities still face financial barriers. To address this, Governor Hochul once again directed EFC to double grants from 25 percent to 50 percent of the net eligible project costs for small struggling communities. This enhanced funding will significantly reduce the financial impact on local ratepayers.

EFC’s Community Assistance Teams are available to help local governments complete funding applications and encourage communities to reach out to receive help in addressing their local water infrastructure needs. This targeted outreach helps ensure that small, rural communities can successfully compete for funding and implement urgently needed projects.

EFC President and CEO Maureen A. Coleman said, “Modern, reliable wastewater systems are essential to community health and environmental protection. EFC is pleased to support the Town of Westport’s strategic investments in its water infrastructure, making this project affordable for ratepayers and ensuring that Lake Champlain continues to thrive as both an ecological asset and a cornerstone of the local tourism economy.”

DEC Commissioner Amanda Lefton said, “Under Governor Hochul’s leadership, New York is making record investments to enhance water quality in Lake Champlain and in communities throughout the state. Overhauling Westport’s aging infrastructure and updating wastewater treatment operations reduce pollution and phosphorus that impairs Lake Champlain, threatens drinking water, and contributes to harmful algal blooms. DEC looks forward to continuing to make these essential investments to reduce the financial burden on New Yorkers, safeguard drinking water, and ensure our natural resources are well protected.”

Senator Charlies Schumer said, “Lake Champlain is a crown jewel of the North Country and boosts our local tourism economy. I’m proud to have delivered nearly $1 million in federal funding to modernize the Town of Westport’s wastewater system. This upgrade will help keep Lake Champlain clean by cleaning up the gravity sewers and manholes, preserving the lake’s crucial role for tourism in the North Country – all while creating good-paying jobs, jobs, jobs. I’m grateful for Governor Hochul’s partnership in the fight to turn the tide on our state’s aging water sewer infrastructure to keep our communities economically safe, healthy and vibrant.”

Senator Kirsten Gillibrand said, “The health and safety of our communities is dependent on access to safe and reliable water infrastructure. Far too many across the country lack access to the functional and efficient water systems they need, and I am proud that this project will help protect the welfare of Westport families and the millions who visit Lake Champlain every year. I will continue fighting in the Senate to bring home more funding to modernize our aging infrastructure so that all New Yorkers have access to the clean and efficient water systems they deserve.

Town of Westport Supervisor Michael “Ike” Tyler said, “This project was essential for our community. With State support, we were able to take on a critical infrastructure challenge in a way that was financially responsible for our residents. These upgrades will protect our residents, our environment, and the lake we all depend on.”

Essex County Chairman Shaun Gillilland said, “This project is a showcase example of teamwork at all levels of New York and local government to combat and alleviate the most challenging stresses on rural infrastructure; namely modernizing and improving older public wastewater systems to ensure they improve and not deteriorate our natural water resources and drinking water.”

New York’s Commitment to Water Quality
New York State continues to increase its nation-leading investments in water infrastructure. The next round of EFC’s Water Infrastructure Improvement and Intermunicipal Water Infrastructure Grants is now open at www.efc.ny.gov. This round reflects New York’s continued leadership in investing in affordable, community-driven clean water solutions.

With $500 million allocated for clean water infrastructure in the FY26 Enacted Budget announced by Governor Hochul, New York will have invested a total of $6 billion in water infrastructure since 2017. Any community needing assistance with water infrastructure projects is encouraged to contact EFC. New Yorkers can track projects benefiting from EFC’s investments using the interactive project impact dashboard.

MIL OSI USA News –
July 24, 2025

MIL-OSI: Hybrid Software Group: 2025 Interim Report

Source: GlobeNewswire (MIL-OSI)

PRESS RELEASE – REGULATED INFORMATION

HYBRID SOFTWARE GROUP: 2025 INTERIM REPORT

Cambridge (UK), 23 July 2025 (18.00 CEST): Hybrid Software Group PLC (Euronext: HYSG) announces it has published its half year report and unaudited condensed consolidated interim financial statements for the six months ended 30 June 2025.

The full document is available to download from the financial reports section of the Company’s web site at https://hybridsoftware.com/investors/financial-reports.

Mike Rottenborn, Hybrid Software Group CEO comments, “Hybrid Software Group delivered a solid performance in the first half of 2025, with all three reporting segments in line with our budget for revenue and operating profit at mid-year.

Beginning with the Printing Software segment, we have repeatedly mentioned that 2024 opened with €3.3 million in revenue from the renewal of a large OEM contract in Japan. With no similar renewal in Q1 of 2025, our figures looked weak compared to 2024. This has normalised in Q2 with the launch of Mako Apex, a new variant of our Mako software that supports Graphics Processing Units (GPUs) to render complex graphics much faster than Central Processing Units (CPUs). This allows our OEM customers to increase the performance of their software while reducing the total computing cost, and sales of Mako Apex are driving new contracts in Q2 and beyond. In addition, OEM royalties from the sale of digital presses which incorporate the Harlequin RIP and/or SmartDFE, our patented AI-optimised Digital Front End software, continue to build.

Moving to the Printhead Solutions segment, the good results from Q1 continued in the second quarter. Business in China remains strong, but we also see significant growth in Europe and North America and a reduced dependence on sales to our largest customer in China. Sales continue to grow in the additive manufacturing (3D printing) space, where inkjet plays a significant role. The chip shortage is over: manufacturing costs are under control and margins have improved significantly. We continue to introduce new printhead drivers for our customers and have an exciting development pipeline which bodes well for the future prospects in this segment.

The Enterprise Software segment continues to perform well. In comparing our first half figures to last year, it is important to remember that the largest trade fair for the printing industry, Drupa, took place in May and June of 2024. Hybrid Software closed a lot of business during Drupa but that left the sales pipeline relatively weak in the third quarter, and we did not see a recovery until October of last year. The current situation is much better. Enterprise Software sales increased more than 7% in the first half of 2025 and the pipeline looks promising as we enter Q3. Our BrandZ business continues to grow as a supplier of software solutions to brands and CPGs while supplying complementary software to the printers and trade shops which also service these brands.”

Financial highlights (unaudited)

For the six months ended 30 June
In thousands of euros	2025 (unaudited)	2024 (unaudited)
Revenue	26,592	26,922
Operating profit	2,210	2,344
Profit before tax	1,415	1,870
Tax credit	223	281
Profit for the period	1,638	2,151

EBITDA from continuing operations	5,431	6,483

Adjusted operating profit	3,953	4,383
Adjusted net profit	3,189	3,998

Cash and cash equivalents	11,159	8,041
Loans & borrowings	(4,400)	(6,900)
Net cash	6,759	1,141

About Hybrid Software Group
Through its operating subsidiaries, Hybrid Software Group PLC (Euronext: HYSG) is a leading developer of software and electronics for labels & packaging and industrial print manufacturing. Customers include press manufacturers such as HP, Canon, Durst, Roland, and hundreds of packaging printers, trade shops, and converters worldwide.

Hybrid Software Group PLC is headquartered in Cambridge UK. Its subsidiary companies are colour technology experts ColorLogic, printing software developers Global Graphics Software, enterprise software developer HYBRID Software, 3D design and modelling software developers iC3D, the industrial printhead driver solutions specialists Meteor Inkjet, and pre-press workflow developer Xitron.

Contacts

Attachment

2025-07-23 Interim report announcement – Final

The MIL Network –

July 24, 2025

Investor Relations: 1-877-478-2372	Local: 416-304-4443	www.financial15.com	info@quadravest.com

Category: Economy

July 23, 2025

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