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Category: Economy

  • MIL-OSI: Best Payday Loans for Bad Credit Guaranteed Approval Direct Lenders No Credit Check – IOnline Payday Loan

    Source: GlobeNewswire (MIL-OSI)

    SHERIDAN, Wyo., May 16, 2025 (GLOBE NEWSWIRE) — Struggling with bad credit and need cash fast? You’re not alone. Many Americans face financial emergencies and turn to payday loans when traditional banks say no. Thankfully, there are several best online payday loans available today that cater specifically to individuals with poor credit histories. Whether you’re looking for no credit check payday loans, 1 hour payday loans no credit check, or even quick $255 payday loans online same day, there are trusted options you can explore.

    >>> Click Here to Apply for Instant Payday Loans >>>

    These lenders understand that credit scores don’t tell the whole story. That’s why no credit check personal loans direct lenders are becoming increasingly popular—they offer quick approvals, fast funding, and minimal eligibility criteria. In this guide, we’ll walk you through the best payday loan for bad credit in 2025, helping you choose a lender that’s safe, fast, and hassle-free.

    >>> Click Here to Apply for Instant Payday Loans >>>

    What Are Best Payday Loans for Bad Credit?

    Payday loans for bad credit are short-term loans designed to help individuals manage urgent financial needs when traditional lenders turn them away. These loans focus on your current income rather than your credit history, making them accessible even if you have a low credit score.

    >>> Click Here to Apply for Instant Payday Loans >>>

    The best payday loans for bad credit are those that offer quick approvals, simple online applications, and transparent terms. They are ideal for situations where you think, I need a payday loan immediately, but don’t want to deal with credit checks or long waiting periods.

    Online platforms like Ionline Payday Loans streamline the process by connecting borrowers to a wide network of lenders. These lenders specialize in no credit check payday loans, giving you a higher chance of approval based on your ability to repay, not your credit score.

    Whether it’s a small emergency or an unexpected bill, payday loans offer fast financial relief. The key is choosing the right lender, one that offers clear terms, fast processing, and flexible repayment options.

    With trusted services like Ionline Payday Loans, finding the best online payday loans becomes simple, quick, and stress-free, even for borrowers with bad credit.

    Other Types of Payday Loans No Credit Check

    • No Credit Check Payday Loans direct lenders: Though the traditional payday loans are highly sought after, there are alternatives to no credit check payday loans that cater to various financial purposes. They are all unique to a specific goal but share the benefit of access to funds fast without a tough credit check.
    • $255 payday loans same day online: For small, emergency purchases, online same-day $255 payday loans are the way to go. These tiny loans are disbursed promptly, sometimes with same-day transfer of funds, and are perfect for emergencies.
    • $500 Loan no credit check direct lenders: If you need a little more, alternatives such as a $500 loan no credit check direct lender also abound. These loans impose more restrictions while maintaining the easy, no credit check approval process.
    • No credit check personal loans direct lenders: For individuals requiring flexible repayment periods, there are companies that offer No credit check personal loans direct lenders. The loans offer extended repayment periods as opposed to normal payday loans, affording you adequate time to settle payments.
    • 1 hour payday loans no credit check: When time is of the essence, 1 hour payday loans no credit check give nearly instant approval, and money is deposited within an hour of applying.

    Sites such as Ionline Payday Loans put it at your fingertips, allowing you to search through these variations and determine the most effective online payday loans for your case.

    How to Apply for Payday Loans No Credit Check?

    Applying for a payday loan with no credit check is a simple and fast process. Here’s how you can do it in a few easy steps:

    1. Visit Ionline Payday Loans

    Go to Ionline Payday Loans and navigate to their application page. The platform connects you with lenders offering best payday loans for bad credit and fast approvals.

    2. Choose Your Loan Amount

    Decide how much money you need. Whether you’re looking for a $255 payday loan online same day or a larger $500 loan no credit check direct lender, select a realistic amount you can repay.

    3. Complete the Online Application

    Fill out the online form with your personal details, employment information, and monthly income. This simple form takes only a few minutes to complete.

    4. Submit and Get Instant Matching

    Once submitted, Ionline Payday Loans matches you with suitable no credit check payday loans lenders. Approval decisions are often made instantly.

    5. Review Loan Offers and Accept

    Carefully read through the loan terms, including repayment schedules and fees. If satisfied, accept the offer electronically.

    6. Receive Funds in Your Account

    After acceptance, funds are typically deposited into your bank account on the same day. For urgent needs, 1 hour payday loans no credit check options are also available.

    This quick process ensures you get the money you need without the stress of credit checks or complicated paperwork.

    Features & Benefits of Best Payday Loans for Bad Credit

    • No Credit Check Required: Borrowers with poor credit scores can apply without worrying about hard credit checks affecting their rating.
    • Instant Approval Process: Ionline connects you with lenders offering instant payday loans online guaranteed approval, ensuring quick decisions.
    • Same Day Fund Transfers: Options like $255 payday loans online same day and 1 hour payday loans no credit check ensure you get funds when you need them the most.
    • Fully Online Application: No need for in-person visits or paperwork; everything is done online for your convenience.
      Flexible Loan Amounts: From small urgent needs to larger amounts like a $500 loan no credit check direct lender, you can choose what suits you best.
    • Transparent Terms & Conditions: Loan offers clearly outline fees, repayment dates, and terms, no hidden charges.
    • Trusted Lender Network: Ionline partners with reliable and verified lenders, giving you access to the best online payday loans in one place.
    • High Approval Chances: The focus is on your income and ability to repay, making approvals easier even if you’ve been declined elsewhere.

    Why are Instant Payday Loans Online Guaranteed Approval the Best Choice for You?

    When you think, I need a payday loan immediately, Ionline Payday Loans becomes the go-to platform. Unlike traditional lenders, Ionline doesn’t judge you by your credit score. Instead, it focuses on what matters, your current income and ability to repay.

    The platform simplifies the borrowing process by connecting you with a network of trusted lenders offering no credit check payday loans. You don’t need to waste time applying at multiple places. Ionline does the heavy lifting, matching you with the best lender for small payday loans online that fits your needs.

    Speed is another big plus. From application to fund transfer, everything happens fast. Whether you’re looking for best online loans instant approval or emergency options like 1 hour payday loans no credit check, Ionline ensures you get quick access to funds.

    What sets Ionline apart is its transparency. Loan offers are clear, straightforward, and free of hidden fees. You’ll know exactly what you’re signing up for.

    In short, Ionline Payday Loans offers a hassle-free, reliable way to get instant financial help, especially when bad credit stands in your way.

    Eligibility Criteria for Best Payday Loans for Bad Credit

    Applying for a payday loan through Ionline Payday Loans is easy because the eligibility requirements are straightforward. Unlike traditional lenders who rely on credit scores, also $255 payday loans online same day approvced Ionline focuses on basic qualifications to ensure faster approvals.

    To be eligible, you must:

    • Be at least 18 years old.
    • Be a U.S. resident with a valid address.
    • Have a steady source of income, either from employment or benefits.
    • Hold an active checking account to receive funds and make repayments.
    • Provide valid contact information (phone number and email) for communication.

    Since the platform specializes in no credit check payday loans, your credit score won’t be a barrier. The primary focus is on your ability to repay, making Ionline a practical choice for those seeking the best payday loans for bad credit.

    Tips to Increase Approval Chances for Best Online Loans Instant Approvals

    Getting approved for the best payday loans for bad credit is easier when you prepare well. Start by ensuring your income information is accurate and up-to-date. Lenders base their approval on your current earnings, so clarity here is crucial.

    Having an active checking account is also essential. Many lenders use this for fund transfers and repayments. Ensure your contact details, phone and email, are correct to avoid communication delays.

    Using a platform like Ionline Payday Loans also boosts your chances. It connects you with the best lender for small payday loans online, ensuring you meet the right lenders without multiple failed applications.

    Wrapping Up

    When financial emergencies arise, having access to fast, reliable loans becomes crucial. The best payday loans for bad credit provide a practical solution for those who struggle with traditional credit-based approvals. Platforms like Ionline Payday Loans simplify this process, connecting borrowers to trusted lenders who offer quick approvals, transparent terms, and same-day fund transfers.

    Whether you’re in need of a small $255 payday loan online same day, a larger $500 loan no credit check direct lender, or simply want the peace of mind that comes with no credit check payday loans, Ionline ensures you get the help you need without delays.

    Remember, borrowing responsibly is key. Understand the terms, repay on time, and use these loans as a safety net for genuine financial needs.

    Frequently Asked Questions – Best Payday Loans for Bad Credit

    1. Can I get the best payday loans for bad credit without a credit check?

    Yes, many lenders offer payday loans for bad credit without performing hard credit checks. Platforms like Ionline Payday Loans connect you with lenders who focus on your income and repayment ability, not your credit score, giving you a strong chance of approval.

    2. How quickly can I receive funds after approval?

    With instant payday loans online guaranteed approval, funds can be transferred to your account on the same day. Some lenders even offer 1 hour payday loans no credit check, ensuring you get the money within an hour of approval, depending on your bank’s processing time.

    3. What if I need a small loan urgently?

    If you’re facing a small financial emergency, you can apply for a $255 payday loan online same day through Ionline. These microloans are designed for quick approvals and fast fund transfers, helping you manage immediate expenses.

    4. Are there options for slightly larger loans?

    Yes, you can also apply for a $500 loan no credit check direct lender through Ionline’s platform. These loans provide higher limits while still maintaining a simple, no credit check application process for faster approvals.

    5. Will applying for these loans affect my credit score?

    No. Lenders offering no credit check payday loans typically perform soft checks or income verifications that do not impact your credit score. Applying through Ionline Payday Loans is safe and won’t harm your credit profile.

    Project Name: IOnline Payday Loans

    Disclaimer: This announcement contains general information about Ionline payday loan services and should not be considered financial advice. Ionline Payday Loans does not guarantee loan approval, and loan terms may vary by applicant and lender requirements. Loans are available to U.S. residents only.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e774ab2e-966a-48c2-92dc-78ab35b5c9fb

    The MIL Network –

  • MIL-OSI: Best Crypto Casinos USA: JACKBIT Is Ranked #1 Top Bitcoin Online Casino With Exclusive Bonuses & Fast Payouts!

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., May 16, 2025 (GLOBE NEWSWIRE) — The crypto casino industry is booming, gaining massive traction in the global gaming scene with its promise of secure, anonymous, and swift transactions. As players across the USA embrace this trend, the demand for the best crypto casinos USA skyrockets.

    ✅CLICK HERE TO GET 30% RAKEBACK AND 100 WAGER-FREE FREE SPINS AT JACKBIT!

    After extensive testing of numerous platforms for their bonuses, game variety, and payout speeds, we’ve discovered JACKBIT, the ultimate choice among the best crypto casinos USA. Its jaw-dropping game library and lightning-fast withdrawals left us in awe, making it a standout in crypto gambling sites for thrilling rewards.

    Overview Of JACKBIT, The Best Crypto Casino USA

    • Game Library: Over 7,000 titles from premier providers.
    • Top Bonus: 100 wager-free spins for new players.
    • Payments: Supports crypto and fiat with instant withdrawals.
    • Security: Licensed, SSL-encrypted, provably fair games.
    • Support: 24/7 live chat and email assistance.
    • Mobile: Fully optimized for seamless play on all devices.

    Why JACKBIT Is The Best Crypto Casino USA?

    JACKBIT has carved its name as the top crypto casino in the realm of the best crypto casinos in USA by blending innovative features with player-centric services. Here’s why it outshines others in crypto gambling sites and earns its spot as the best Bitcoin casino.

    1. Massive Game Selection:

    As a leader in the best crypto casinos in the USA, JACKBIT offers an impressive catalog of over 7,000 games, ensuring something for every player.

    From adrenaline-pumping slots like Starburst to immersive live dealer tables and timeless classics like poker, the variety is unparalleled. Powered by elite providers like NetEnt and Playtech, JACKBIT delivers a captivating experience, making it a top Bitcoin casino for endless fun in crypto gambling sites.

    2. Lucrative Bonuses and Promotions:

    JACKBIT sets itself apart among the best crypto casinos USA with transparent, high-value bonuses. Its wager-free spins and cashback offers provide genuine rewards, unlike many platforms with hidden terms. This makes it the best BTC casino for players seeking real value in the new crypto casino landscape.

    3. Ironclad Security:

    Security is a cornerstone at JACKBIT, a trusted name among the best crypto casinos USA. With a reputable gaming license and cutting-edge SSL encryption, it safeguards all transactions and data. Provably fair games ensure transparency, positioning JACKBIT as the best no KYC casino for secure, anonymous play in crypto gambling sites.

    4. Blazing-Fast Withdrawals:

    JACKBIT is renowned as the fastest payout platform in the best crypto casinos in USA, especially for crypto users. Withdrawals via Bitcoin, Litecoin, or Ripple are processed instantly, letting players enjoy their winnings without delay. Even fiat withdrawals are quick, often completed within 1-2 days, making it a top crypto casino for seamless cashouts.

    ✅CLICK HERE TO PLAY AT JACKBIT AND ENJOY LIGHTNING-QUICK WITHDRAWALS TODAY!

    5. Stellar Customer Support:

    Exceptional support is a hallmark of the best crypto casinos USA, and JACKBIT delivers 24/7 live chat and email services. Its responsive team ensures quick resolutions, enhancing the player experience and solidifying its status as the best Bitcoin casino for user satisfaction.

    6. Mobile Gaming Excellence:

    In 2025, mobile gaming is non-negotiable, and JACKBIT shines as a top crypto casino with a fully optimized platform. Whether on iOS or Android, players enjoy flawless access to slots, table games, and live dealer options, making it a standout in the best crypto casinos USA for on-the-go play.

    7. Flexible Payment Options:

    JACKBIT supports a wide array of payment methods, from cryptocurrencies like Bitcoin and Dogecoin to fiat options like Visa and Skrill. This versatility caters to a global audience, reinforcing its reputation as the best no KYC casino.

    8. Player Recognition:

    With a stellar 4.9/5 rating and a strong reputation in the gaming community, JACKBIT stands out among the best crypto casinos USA. Its commitment to quality and player satisfaction reinforces its position as a trusted destination for Bitcoin casino enthusiasts.

    Bonuses And Promotions

    JACKBIT’s welcome package is a game-changer among the best crypto casinos USA.

    Welcome Bonuses

    • 100 wager-free spins on select slots for new players.
    • 30% rakeback on initial deposits.
    • 100% no-risk esports bet for sports enthusiasts.

    ✅CLICK HERE TO CLAIM 30% RAKEBACK AND 100 FREE SPINS WITH NO WAGERING AT JACKBIT!

    Additional Promotions

    • Weekly Sports Tournament: Prize pools up to $15,000.
    • Sports Betting Boosts: Place three bets, and get one free.
    • JACKBIT Tournament: Daily 1000 free spins and weekly $10000
    • Event Cashback: Special cashback for major events
    • Drops & Wins: Prize pool of € 2,000,000
    • Social Media Bonuses

    How To Join JACKBIT?

    Joining the best crypto casinos USA is quick and easy with JACKBIT. To get started, take these actions:

    1. Visit the Website: Click here to go to JACKBIT’s homepage. Ensure a secure connection for safety. Even for beginners, navigating is a breeze because to the user-friendly structure.
    2. Sign Up: Click “Sign Up” and enter your email, password, and preferred currency (crypto or fiat). Use a strong password for added security. The process takes under a minute.
    3. Verify Email: Check your inbox for a verification link and activate your account. Look in spam if needed. This step keeps your account secure and ready for play.
    4. Deposit Funds: Head to the cashier and choose a payment method like Bitcoin or MasterCard. The clear interface guides you through each step, showing available currencies.
    5. Claim Bonus: Activate your welcome bonus during the deposit. Check the promotions page for the latest offers, which are automatically applied if eligible.
    6. Play: Explore the massive game library, from slots to live dealer games. Use the search feature to find favorites or filter by provider for a tailored experience.

    Pros And Cons Of JACKBIT

    Pros Cons
    Over 7,000 games from elite providers Limited Fiat options in certain regions
    Generous 100 wager-free spins welcome bonus Some promotions require high wagering
    Instant crypto withdrawals  
    Supports crypto and fiat payments  
    24/7 responsive support  
    Mobile-optimized platform  
    Provably fair games  
    No KYC for crypto users  

    Selection Criteria For The Best Crypto Casino USA

    To name JACKBIT the leader in the best crypto casinos USA, we evaluated it on the following:

    • License and Security: Verified reputable licensing and SSL encryption. This guarantees both player safety and adherence to industry requirements. JACKBIT’s robust security measures set a high benchmark for trust.
    • Bonuses: Analyzed generosity and fairness of offers. We checked for transparent terms and player-friendly conditions. JACKBIT’s wager-free spins stood out for their value.
    • Game Variety: Confirmed diverse, high-quality titles. The extensive library caters to all preferences, from slots to live games. Partnerships with top providers ensure engaging gameplay.
    • Providers: Checked partnerships with trusted developers. Only platforms with reputable software providers were considered. JACKBIT’s collaboration with NetEnt and Playtech guarantees reliability.
    • Payments: Ensured fast, versatile options. We tested transaction speeds and method availability. JACKBIT’s instant crypto withdrawals excelled in efficiency.
    • Support: Tested responsiveness and availability. Quick resolution of queries is critical for player satisfaction. JACKBIT’s 24/7 support proved consistently reliable.

    JACKBIT excelled in every category, earning its title as the best Bitcoin casino.

    License And Security

    JACKBIT operates under a respected gaming license, ensuring compliance with industry standards. Advanced SSL encryption protects all transactions, and provably fair games guarantee fairness. Its no-KYC policy for crypto users makes it the best no KYC casino in the best crypto casinos USA.

    Regular audits by independent bodies verify platform integrity. Players can game with confidence, knowing their data is secure. This commitment to trust solidifies JACKBIT’s reputation as a leader in crypto gambling sites.

    Top Casino Games At JACKBIT

    JACKBIT’s library of over 7,000 titles cements its place among the best crypto casinos.

    Best Real Money Slots:

    • Starburst: Vibrant slot with expanding wilds. Its engaging visuals and frequent payouts keep players hooked. Perfect for both new and seasoned slot enthusiasts.
    • Book of Dead: High-volatility adventure slot. Offers thrilling bonus rounds with expanding symbols. Ideal for players chasing big wins in the best BTC casino.
    • Gonzo’s Quest: Avalanche reels for big wins. Features cascading wins and increasing multipliers. A fan favorite for its innovative gameplay mechanics.

    These slots deliver thrilling gameplay and real cash opportunities in the best BTC casino.

    Table Games:

    • European Blackjack: Classic card game with strategic depth. Offers favorable odds for skilled players. A staple for table game fans in crypto gambling sites.
    • Classic Roulette: Iconic game with multiple betting options. Its simple yet exciting gameplay appeals to all. Perfect for quick, thrilling sessions.
    • Baccarat Pro: Elegant game with straightforward rules. Popular among high rollers for its low house edge. Ensures fast-paced fun in the best crypto casinos.

    ✅CLICK HERE TO JOIN JACKBIT AND PLAY YOUR FAVORITE CASINO GAMES ALL IN ONE PLACE!

    Live Dealer Games:

    Enjoy live poker, blackjack, and roulette with professional dealers for an immersive experience. Real-time streaming brings the casino to you. Interactive features enhance engagement in the top crypto casino.

    Progressive Jackpots:

    Chase massive payouts with titles like Divine Fortune and Mega Moolah. These games offer life-changing prize pools. Regular jackpot triggers keep the excitement high in the best Bitcoin casino.

    Specialty Games:

    Explore scratch cards, virtual racing, or bingo for unique entertainment. These games offer a welcome diversion from more conventional choices. Ideal for casual players seeking variety in the new crypto casino.

    Secure Payment Methods

    JACKBIT supports secure payment options for the best crypto casinos USA. Players can choose from a variety of cryptocurrencies and fiat methods, ensuring flexibility and convenience. All transactions are protected with advanced encryption for peace of mind.

    Crypto Payment Methods:

    • Bitcoin
    • Litecoin
    • Ripple
    • Dogecoin

    Fiat Payment Methods:

    • MasterCard
    • Visa
    • Skrill
    • Neteller
    • Bank Transfer

    All transactions are SSL-encrypted, making JACKBIT the fastest payout platform in the best crypto casinos USA.

    ✅CLICK HERE TO PLAY AT JACKBIT AND DEPOSIT INSTANTLY WITH CRYPTO OR FIAT !

    Responsible Gambling And Mobile Gaming

    Responsible Gambling

    JACKBIT promotes safe play with tools like:

    • Deposit Limits: Set daily or weekly caps to manage spending. Customize via support. This helps players maintain control over their budget. You can adjust limits anytime to suit your needs.
    • Loss Limits: Restrict losses to the game responsibly. Adjust in account settings. This feature prevents overspending during gaming sessions. It encourages mindful play and financial awareness.
    • Wager Limits: Control betting amounts for mindful play. Easily tweak as needed. This tool helps avoid impulsive bets. Players can set limits to align with their gaming goals.
    • Session Limits: Set playtime boundaries for healthy habits. Track sessions effortlessly. This promotes regular breaks to avoid fatigue. You can configure reminders to stay on track.
    • Self-Exclusion: Temporarily or permanently suspend your account. Contact support for assistance. This option supports players needing a break from gaming. It’s a proactive step for responsible gambling.

    Support resources for problem gambling are available, reinforcing JACKBIT’s role as a trusted top crypto casino.

    Mobile Gaming

    JACKBIT’s mobile-optimized platform ensures seamless play on smartphones and tablets without an app. Access the full game library, bonuses, and account features, making it a leader in the best crypto casinos USA for mobile players.

    ✅CLICK HERE TO PLAY AT JACKBIT AND WIN BIG TODAY!

    Conclusive Thoughts On JACKBIT, The Best Crypto Casino USA

    JACKBIT will be the pinnacle of the best crypto casinos USA in 2025, offering a colossal game library, generous bonuses, robust security, and instant withdrawals. Its mobile compatibility, diverse payment options, and 24/7 support make it the best BTC casino for all players. Whether you’re spinning slots or betting on live dealer games, JACKBIT delivers unmatched entertainment on crypto gambling sites.

    Its commitment to responsible gambling and provably fair games builds trust worldwide. Sign up today to discover why JACKBIT is the best crypto casino.

    FAQs About Best Crypto Casinos USA

    1. What makes JACKBIT stand out among the best crypto casinos USA?

    JACKBIT’s instant crypto withdrawals and a vast game library make it the top choice. Its generous bonuses add extra value.

    2. Is JACKBIT secure for crypto gambling sites?

    Yes, JACKBIT uses SSL encryption and provably fair games, ensuring safety in the best crypto casinos USA.

    3. What bonuses are available at JACKBIT in the best crypto casinos USA?

    JACKBIT offers 100 wager-free spins and a 30% rakeback for new players.

    4. Can I play JACKBIT games on mobile in the best crypto casinos USA?

    JACKBIT’s mobile platform provides seamless access to all games, perfect for on-the-go play.

    5. What payment methods does JACKBIT support in the best crypto casinos USA?

    JACKBIT accepts Bitcoin, Ripple, Visa, Skrill, and more for fast, secure transactions.

    6. How fast are withdrawals at JACKBIT in the best crypto casinos USA?

    Crypto withdrawals are instant, while fiat takes 1-2 days, making it a top crypto casino.

    Email: support@JACKBITcasino.com

    Disclaimer

    This article is not intended to be financial or legal advice; rather, it is pure informational. Gambling carries risks and may be addictive; please play responsibly. Check if internet gambling is permitted in your area. Information is accurate as of May 2025, but terms may change; check JACKBIT for updates.

    This article is for informational and entertainment purposes only and does not constitute legal or financial advice. The content is based on research and user reviews, with no warranties as to accuracy or completeness. Users must verify information before acting.

    Online gambling involves risks and is not suitable for everyone. Confirm you meet the legal gambling age in your jurisdiction. Gambling laws vary, and compliance is your responsibility. We do not promote gambling; participation is at your own risk. JACKBIT is a third-party platform, and we are not liable for losses or disputes.

    This article may contain affiliate links, earning us a commission at no cost to you for qualifying actions. These support our content, but our reviews remain unbiased. Always conduct your own research before signing up.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/19b8f353-0d81-4efc-8fbf-3390c1d4dd46

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2c27a570-535f-4000-9eb6-fbee92fa98cb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f3c9c490-9c2d-40a5-93b3-d938f2f0c022

    The MIL Network –

  • MIL-OSI: Best Online Casinos Canada: JACKBIT Voted #1 As The Top Canadian Online Casino for Gamblers!

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) — In the fast-evolving world of online gambling, online casinos have become a top choice for Canadian players seeking secure, fast, and private gaming experiences. With the rise of cryptocurrencies like Bitcoin and Ethereum, the best online casinos in Canada are reshaping how players engage with real-money gaming.

    <<>>

    These platforms offer cutting-edge technology, generous bonuses, and a wide variety of games to provide unmatched entertainment. Among them, JACKBIT stands out as the top online casino Canada trusts in 2025, thanks to its player-focused approach and innovative features.

    For online casino enthusiasts, bonuses are a highly much wanted -after feature, offering a risk-free way to explore real-money gaming. These bonuses appeal especially to players eager to test a casino’s platform without spending their own money.

    Recognizing this demand, JACKBIT has elevated its offerings in 2025 by providing tailored bonuses for both newcomers and seasoned users. Setting a new industry standard with instant rewards and access to top-tier slots and table games, JACKBIT has become the best online casino Canada loves.

    How to Get Started with JACKBIT

    Joining JACKBIT is simple and tailored for Canadians eager to explore the best online casinos Canada has to offer:

    1. Visit the official JACKBIT website.
    2. Click “Sign Up” in the top-right corner.
    3. Enter basic details (email, password, preferred currency).
    4. Choose a payment method (crypto or fiat) and deposit.
    5. Claim your 30% Rakeback and 100 free spins.
    6. Start playing over 7,000 games or explore the sportsbook.

    This streamlined process makes JACKBIT the most accessible new online casino for Canadian players.

    Why JACKBIT Stands Out as the Best Online Casino Canada

    JACKBIT has earned the title of the best online casino in Canada for 2025 after a thorough evaluation by iGaming experts. This online casino Canada platform excels in delivering a seamless, secure, and rewarding experience, making it the top choice for players across the country.

    With over 7,000 games, a no-KYC policy, and a robust sportsbook, JACKBIT caters to every type of player, from casual gamers to high rollers.

    A Comprehensive Review Focused on Players

    The review process, which named JACKBIT the best online casino Canada offers, was centered on player needs. Experts evaluated key areas to ensure the platform delivers exceptional value:

    • Licensing and Regulation
    • Game Variety and Quality
    • Bonuses and Promotions
    • Payment Flexibility and Speed
    • Security and Fair Play
    • Mobile Gaming Experience
    • Customer Support Quality
    • Sportsbook Features
    • Responsible Gambling Tools
    • No-KYC Benefits

    JACKBIT outperformed its competitors in every category, proving why it’s the best online casino for Canadian players in 2025. Let’s explore each area to understand what makes this new online casino so special.

    Licensing: A Foundation of Trust

    JACKBIT operates under a Curacao Gaming License, a respected credential in the world of online casinos Canada. This license ensures adherence to strict fair play and security standards, with regular audits to maintain compliance.

    While some players may prefer licenses from Malta or Ontario’s iGaming authority, Curacao’s framework allows JACKBIT to serve a global audience, including Canadians, with transparency and reliability.

    • Global Reach: The Curacao license enables JACKBIT to welcome players from diverse regions, making it a versatile choice for Canadians.
    • Player Confidence: Regular audits ensure gameplay and funds are protected, allowing players to focus on the fun.
    • Balanced Regulation: Curacao offers flexibility while maintaining oversight, ideal for casino -focused platforms.

    For those searching for the best online casino in Canada, JACKBIT’s licensing provides a secure and trustworthy foundation.

    Game Variety: Endless Entertainment

    With over 7,000 games from 85 top providers like NetEnt, Evolution Gaming, Microgaming, and Pragmatic Play, JACKBIT’s game library is a key reason it’s hailed as the best online casino in Canada. The platform offers something for every player, ensuring endless entertainment.

    • Slots: Over 5,000 titles, including classic fruit machines, modern video slots like Gold Party, and 180+ Megaways games. Progressive jackpots like Mega Moolah offer life-changing payouts.
      • Why It’s Great: Diverse themes and massive jackpots keep every spin exciting.
    • Table Games: A wide selection of blackjack (Power Blackjack, Infinite Blackjack), roulette (European, Lightning), poker (Texas Hold’em), baccarat, and craps.
      • Why It’s Great: Multiple variants and strategic depth appeal to both casual and skilled players.
    • Live Dealer Games: Powered by Evolution Gaming, the live section includes Live Blackjack, Live Roulette, Live Baccarat, and game shows like Dream Catcher and Crazy Time.
      • Why It’s Great: Real-time interaction with dealers brings the casino floor to your screen.
    • Sportsbook: Covering 140+ sports with 82,000+ live monthly events and 4,500+ betting types, including hockey, basketball, and e-sports.
      • Why It’s Great: A strong focus on hockey resonates with Canadian fans, while live betting keeps the action intense.
    • Specialty Games: Casual options like bingo (Shamrock Bingo), scratch cards, and friendly mini-games like Aviator and Plinko.
      • Why It’s Great: Perfect for quick, low-stakes fun.
    • Virtual Sports: 24/7 betting on simulated events like virtual football, horse racing, and greyhound racing.
      • Why It’s Great: Realistic graphics and non-stop action keep the excitement going.

    This vast selection ensures JACKBIT remains a top Canadian online casino for players seeking variety and quality.

    <<>>

    Bonuses and Promotions: Rewards That Pack a Punch

    JACKBIT’s generous promotions are a major reason it’s ranked as the best online casino Canada offers in 2025. New players start with a 30% Rakeback and 100 wager-free spins, with ongoing offers that keep the excitement alive:

    • Weekly Giveaways: $10,000 prize pools and 1000 free spins.
      • Why It’s Great: Frequent rewards keep players engaged without extra deposits.
    • VIP Rakeback: Up to 30%, scaling with loyalty tiers.
      • Why It’s Great: Rewards dedication with bigger cashback.
    • Pragmatic Drops & Wins: A €2,000,000 prize pool across multiple games.
      • Why It’s Great: Offers a shot at life-changing wins.
    • Social Media Bonuses: Engage on Twitter and Telegram for extra rewards.
      • Why It’s Great: Simple tasks like retweeting unlock bonuses.
    • Tournaments: Regular slot and table game events with cash prizes.
      • Why It’s Great: Adds a competitive edge for all skill levels.

    These high-value bonuses make JACKBIT a standout among online casinos Canada, ensuring players get more bang for their buck.

    <<>>

    Payment Flexibility: Fast and Secure Transactions

    As an instant payout casino, JACKBIT supports over 17 cryptocurrencies, including Bitcoin, Ethereum, Tether, Solana, and Dogecoin. Crypto transactions are instant and fee-free, offering unmatched convenience. Traditional options include:

    • Visa and MasterCard: Instant deposits, withdrawals in 1-3 days.
    • Google Pay and Apple Pay: Instant mobile deposits.
    • Bank Transfers: Withdrawals in 3-5 days.

    With high withdrawal limits (up to $30,000 weekly) and robust SSL encryption, JACKBIT ensures secure and flexible banking, reinforcing its status as the best online casino Canada trusts.

    <<>>

    Security: A Safe Gaming Environment

    Security is a top priority at JACKBIT, making it one of the safest online casinos Canada offers. The platform uses SSL encryption and blockchain technology to protect player data and transactions. Provably fair games and Random Number Generators (RNGs) ensure unbiased outcomes, while the no-KYC policy enhances privacy without compromising trust.

    • Blockchain Transparency: Verify transactions for peace of mind.
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    • Why It’s Great: Players can game confidently, knowing their experience is secure.

    Mobile Gaming: Play Anywhere, Anytime

    JACKBIT’s mobile-optimized platform delivers a seamless experience on iOS and Android without requiring a dedicated app. Players can access the full game library, deposit instantly, and claim bonuses on the go. The responsive design ensures smooth navigation, making JACKBIT a top choice for mobile gamblers seeking the best online casinos Canada has.

    • Cross-Device Sync: Switch between devices without losing progress.
    • Intuitive Interface: Easy navigation on smaller screens.
    • Why It’s Great: Play wherever life takes you.

    Customer Support: Always There for You

    JACKBIT offers 24/7 live chat support in multiple languages, including English, French, and Spanish, resolving queries within minutes. Email support and a comprehensive FAQ section provide additional resources. The team’s professionalism strengthens JACKBIT’s reputation as the best Canadian online casino.

    • Bilingual Support: French options cater to Canada’s diverse population.
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    • Why It’s Great: Reliable help enhances the player experience.

    Sportsbook: Betting with a Canadian Twist

    JACKBIT’s sportsbook covers 140+ sports, including hockey, basketball, tennis, and e-sports, with 82,000+ live monthly events and 4,500+ betting types. Live streaming and competitive odds make it the best online casino for Canadian sports fans, with a strong focus on hockey to resonate with local passions.

    • Hockey Focus: Extensive NHL betting options for Canadian fans.
    • Live Action: Real-time updates keep bets engaging.
    • Why It’s Great: Perfect for sports betting enthusiasts.

    Responsible Gambling: Prioritizing Player Well-Being

    JACKBIT promotes safe gaming with tools like deposit limits, self-exclusion, reality checks, and links to organizations like GamCare and Gambling Therapy. These features ensure a fun and controlled experience, aligning with the standards of safe online casinos Canada trusts.

    • Proactive Tools: Set boundaries to prevent issues.
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    • Why It’s Great: Keeps gaming enjoyable and responsible.

    No-KYC Benefits: Privacy and Convenience

    JACKBIT’s no-KYC policy allows anonymous play and withdrawals, a major draw for privacy-conscious players. Paired with fast payouts, this feature makes JACKBIT the best online casinos Canada offers for discreet gaming.

    • Hassle-Free: Skip ID checks and play instantly.
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    • Why It’s Great: Ideal for players valuing personal freedom.

    Crypto Gambling Trends Shaping Canada’s iGaming Scene

    The rise of crypto gambling in Canada is driven by several key trends that align perfectly with JACKBIT’s offerings, making it the best online casino for 2025:

    • Growing Crypto Adoption: More Canadians are holding Bitcoin, Ethereum, and other cryptocurrencies, making the best online casinos in Canada a natural fit for seamless transactions.
    • Demand for Privacy: No-KYC platforms like JACKBIT cater to players seeking discretion in their gaming activities.
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    • Why JACKBIT Excels: Its crypto-first approach positions it as the leader among Canadian online casinos, meeting the needs of modern players.

    By staying ahead of these trends, JACKBIT continues to dominate as the best online casinos Canada embraces.

    Why Canadians Love JACKBIT: A Psychological Perspective

    Canadian players are drawn to JACKBIT for reasons that go beyond games and bonuses. The platform taps into key psychological drivers that make it the top Canadian online casino:

    • Control and Freedom: No-KYC policies and instant payouts give players full control over their gaming experience.
    • Balanced Risk-Reward: Bonuses like Rakeback offer rewards without requiring high stakes, appealing to cautious players.
    • Community Connection: Social media bonuses and tournaments foster a sense of belonging, enhancing player loyalty.
    • Why It Works: JACKBIT understands what motivates players, making it the best online casino Canada adores.

    <<>>

    JACKBIT’s Community Engagement

    JACKBIT goes beyond gaming to build a vibrant community, further solidifying its status as the best online casino Canada offers:

    • Charity Initiatives: Partners with Canadian organizations to support local causes, giving back to the community.
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    • Why It Matters: These efforts create a loyal, engaged player base, making JACKBIT an online casino Canada loves.

    Navigating Canada’s Regulatory Landscape

    Canada’s gambling laws are evolving, with provinces like Ontario regulating online gaming while crypto remains a gray area. JACKBIT’s Curacao license ensures compliance with international standards, but future regulations could shape the industry:

    • Potential Crypto Rules: Provinces may introduce specific regulations for online gambling.
    • Enhanced Protections: New safeguards could boost player trust in online casinos Canada.
    • JACKBIT’s Advantage: Its global license and no-KYC model provide flexibility, keeping it at the forefront as the best online casino Canada trusts.

    By staying adaptable, JACKBIT is well-positioned for long-term success in the Canadian market.

    JACKBIT’s Innovation Roadmap

    JACKBIT is committed to staying ahead of the curve with exciting enhancements planned for the future, ensuring it remains the best online casino Canada looks to:

    • New Cryptocurrencies: Adding support for emerging coins like Cardano to expand payment options.
    • AR/VR Gaming: Exploring immersive slot and live dealer experiences for a next-level gaming experience.
    • AI Personalization: Tailoring game recommendations based on player preferences for a customized experience.
    • Why It’s Exciting: These innovations keep JACKBIT at the cutting edge of Canadian online casinos.

    Why JACKBIT Is the Ultimate Choice for 2025

    JACKBIT’s combination of no-KYC freedom, instant payouts, and an unmatched game library makes it the best online casino Canada has in 2025. Its focus on security, rewarding bonuses, and innovative features creates a gaming experience that’s hard to beat, whether you’re a casual player or a high roller. From its extensive sportsbook to its community-driven initiatives, JACKBIT delivers on every front, setting a new standard for online casinos Canada.

    Final Thoughts on the Best Online Casino Canada

    JACKBIT has redefined online gaming with its anonymous, no-KYC gameplay, lightning-fast payouts, and vast game selection. Its generous promotions, robust security measures, and player-first approach offer both excitement and peace of mind.

    While its Curacao license may not be the strictest, JACKBIT builds trust through transparent practices and a strong commitment to responsible gambling. As a relatively new name in the industry, JACKBIT has quickly risen to become a leader among Canadian online casinos, delivering a seamless experience for all types of players.

    <<>>

    Frequently Asked Questions About the Best Online Casinos Canada

    Is JACKBIT considered one of the best online casinos in Canada?

    Yes, JACKBIT is recognized as one of the top online casinos in Canada due to its extensive game library, fast online payouts, and user-friendly platform.

    Are crypto deposits and withdrawals at JACKBIT safe and secure?

    Absolutely. JACKBIT uses advanced blockchain technology and encryption to ensure all transactions are fast, transparent, and secure.

    Can I play at JACKBIT without completing a lengthy verification process?

    Yes, JACKBIT offers a streamlined signup process with optional KYC for most users, enabling anonymous gaming while complying with regulatory standards.

    Does JACKBIT offer localized support for Canadian players?

    Yes, JACKBIT provides customer support tailored for Canadian users, including support in English and French, and supports Canadian dollars for fiat transactions.

    What makes JACKBIT stand out among other online casinos in 2025?

    JACKBIT excels with over 7,000 games, instant payouts, frequent promotions, and a strong focus on user experience, making it a leading choice for Canadian online gamblers.

    Contact: support@jackbit.com

    Disclaimer & Affiliate Disclosure

    This article is for informational and entertainment purposes only and does not constitute legal or financial advice. Gambling carries risks; verify information and play responsibly. You must be 19 (or 18 in some provinces) to gamble legally in Canada. Laws vary, so comply accordingly. We may earn commissions from links at no extra cost to you. Our JACKBIT review is unbiased, based on thorough research.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5a2f43ee-df37-4d2c-9822-5c827ed79663

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2990cac1-07b3-4196-885a-1c3ce14e3830

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6eef5186-5de5-49f9-b0f9-24997f8279c6

    The MIL Network –

  • MIL-OSI USA: NCDHHS Expands Student Loan Repayment for Rural Health Care Providers

    Source: US State of North Carolina

    Headline: NCDHHS Expands Student Loan Repayment for Rural Health Care Providers

    NCDHHS Expands Student Loan Repayment for Rural Health Care Providers
    jawerner

    To encourage more health care providers to serve in rural areas, the North Carolina Department of Health and Human Services is offering the opportunity for educational loan repayments. This program, known as the North Carolina Primary Care Physician Incentive, is available to qualifying physicians committed to delivering high-quality, comprehensive care in independent private practices in certain rural counties.

    “We deeply value the dedication of our private practice physicians and recognize the essential role they play in ensuring health care access for our rural communities,” said North Carolina Health and Human Services Secretary Dev Sangvai. “Through this program, we aim to offset some of the financial burden and invest in our health care workforce, particularly in our rural counties.”

    North Carolina is a leader in rural health care and continues to set the standard for supporting and advancing health and well-being. North Carolina’s rural population is the second largest in the country, reflecting nearly one in three people in the state, and more than 4.6 million people live in rural counties. From maintaining healthy lifestyles to treating life-threatening illnesses, people depend on and trust their primary care physicians.

    The NC Primary Care Physician Incentive is a part of $50 million in funding allocated by the North Carolina General Assembly to support health care providers, nurses and mental health services. Prior to 2025, independent private practices located in rural, medically underserved areas of the state were not deemed automatically eligible for the state-funded North Carolina Loan Repayment Program. In State Fiscal Year 2024, the NCDHHS Office of Rural Health received one-time funding to launch the incentive.

    The program is open to primary care physicians in independent private practices located in Tier 1 and Tier 2 counties based on North Carolina’s County Distress Rankings. Eligible providers include family medicine, general internal medicine, general surgery (within critical access hospitals only), general pediatrics, obstetrics/gynecology or psychiatry physicians operating in these 80 counties. 

    Applications for the NC Primary Care Physician Incentive are now available, but funding is limited. Awards will be provided on a first-come, first-served basis for eligible and complete applications. NCDHHS will provide up to 16 awards in each of the six Medicaid Regions. 

    For more information, including eligibility criteria and applications, visit the NCDHHS Office of Rural Health website. Other medical, dental and behavioral health recruitment and incentives are also available for providers through the Office of Rural Health.

    Para animar a más proveedores de atención médica a prestar servicios en áreas rurales, el Departamento de Salud y Servicios Humanos de Carolina del Norte (NCDHHS) ofrece la oportunidad de pagar préstamos educativos. Este programa, conocido como el Incentivo para médicos de atención primaria de Carolina del Norte, está disponible para médicos calificados y comprometidos a brindar atención integral de alta calidad en consultorios privados independientes en ciertos condados rurales.

    “Valoramos profundamente la dedicación de nuestros médicos de práctica privada y reconocemos la función esencial que desempeñan para garantizar el acceso a la atención médica en nuestras comunidades rurales”, dijo el Secretario de Salud y Servicios Humanos de Carolina del Norte, Dev Sangvai. “A través de este programa, nuestro objetivo es compensar parte de la carga financiera e invertir en nuestra fuerza laboral de atención médica, particularmente en nuestros condados rurales”.

    Carolina del Norte es líder en atención médica rural y continúa estableciendo el estándar para apoyar y promover la salud y el bienestar. La población rural de Carolina del Norte es la segunda más grande del país, lo que refleja casi una de cada tres personas en el estado, y más de 4.6 millones de personas viven en condados rurales. Desde mantener estilos de vida saludables hasta tratar enfermedades potencialmente mortales, las personas dependen y confían en sus médicos de atención primaria.

    El Incentivo para Médicos de Atención Primaria de Carolina del Norte es parte de los $50 millones en fondos asignados por la Asamblea General de Carolina del Norte para apoyar a los proveedores de atención médica, enfermeras y servicios de salud mental. Antes de 2025, los consultorios privados independientes ubicados en áreas rurales y zonas médicamente desatendidas del estado no se consideraban automáticamente elegibles para el Programa de Reembolso de Préstamos de Carolina del Norte financiado por el estado. En el año fiscal estatal 2024, la Oficina de Salud Rural del NCDHHS recibió fondos únicos para lanzar el incentivo.

    El programa está abierto a médicos de atención primaria en consultorios privados independientes ubicados en los condados de Nivel c1 y Nivel 2 según la Clasificación de Emergencia del Condado de Carolina del Norte. Los proveedores elegibles incluyen medicina familiar, medicina interna general, cirugía general (solo en hospitales de acceso crítico), pediatría general, obstetricia o ginecología, o psiquiatría que funcionan en estos 80 condados. 

    Las solicitudes para el Incentivo para Médicos de Atención Primaria de Carolina del Norte ya están disponibles, pero la financiación es limitada. Las asignaciones se concederán por orden de llegada para las solicitudes elegibles y completas. NCDHHS proporcionará hasta 16 asignaciones en cada una de las seis regiones de Medicaid. 

    Para obtener más información, incluidos los criterios de elegibilidad y solicitudes, visite el sitio web de la Oficina de Salud Rural del NCDHHS. Otras contrataciones e incentivos médicos, dentales y de salud conductual también están disponibles para los proveedores a través de la Oficina de Salud Rural.

    May 16, 2025

    MIL OSI USA News –

  • MIL-OSI Africa: The International Islamic Trade Finance Corporation (ITFC) Signs a EUR 106 Million Facility Terms under the Master Murabaha Agreement with the Republic of Burkina Faso

    Source: Africa Press Organisation – English (2) – Report:

    OUAGADOUGOU, Burkina Faso, May 16, 2025/APO Group/ —

    The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, renewed its longstanding support to the Republic of Burkina Faso with the signing of a EUR 106 Million Facility terms under the Master Murabaha Agreement, with Société Burkinabè des Fibres Textiles (SOFITEX) as the executing agency.

    The facility provided aims to support the country’s cotton campaign, reinforcing ITFC’s longstanding commitment to enhancing agricultural productivity and economic stability in Burkina Faso.

    Commenting on the signing, Nazeem Noordali, COO of ITFC stated: “ITFC’s commitment to Burkina Faso’s economic development is once again demonstrated through this renewed financing facility. We recognize the critical role of the cotton sector in the economy and its impact on employment in Burkina Faso, which has been a key focus of our interventions since 2008. This partnership with SOFITEX aligns with our ongoing efforts to drive sustainable growth in the sector while ensuring its long-term resilience and prosperity.”

    Speaking on behalf of SOFITEX, the CEO, M. Bienvenu PARE, said: “We are delighted to strengthen our strategic partnership with ITFC through this facility. This financing will not only help boost cotton production but also create tangible impacts on rural livelihoods, strengthen value chains, and support the country’s sustainable economic growth. We look forward to the positive outcomes of this collaboration for Burkina Faso’s cotton sector and wider agriculture industry.”

    This signing is in line with the US$900 million Framework Agreement signed in May 2023 between ITFC and Burkina Faso. With this financing, ITFC continues to play a crucial role in supporting Burkina Faso’s agricultural sector and contributing to the country’s economic stability and agricultural productivity while advancing SDG Goal 1 “No Poverty” and SDG 2 “Zero Hunger”.

    Over the years, ITFC and the Republic of Burkina Faso have enjoyed a good and longstanding relationship with a total of US$3.3 billion approved in financing across 48 operations in Burkina Faso, mainly in the energy and agriculture sectors.

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Derby City awarded Purple Flag Award for twelfth year in a row

    Source: City of Derby

    Derby is once again celebrating its success on the international stage as it proudly retains its Purple Flag accreditation, a prestigious award that recognises excellence in managing the evening and night-time economy. This will be the twelfth year in a row that Derby has held the Purple Flag accreditation.

    Awarded by an independent panel from the Association of Town and City Management (ATCM), the Purple Flag status acknowledges cities and towns that meet or surpass standards of excellence in providing a vibrant, diverse, and enjoyable experience between 5pm and 5am.

    A range of local organisations have come together through Derby’s Purple Flag working group to improve the city’s evening and night-time economy. This group includes representatives from Derby City Council, Derbyshire Constabulary, Marketing Derby, Pubwatch, St Peters Quarter and Cathedral Quarter BIDs, Derby Homes, the University of Derby, and Visit Derby alongside many more. Their collaborative efforts have been key to helping Derby retain its Purple Flag status.

    ATCM noted that recent additions such as Vaillant Live, which has significantly boosted the city’s cultural and event offerings, and the Condor residential development, showcasing urban regeneration at its best, heavily contributed to Derby being awarded the Purple Flag. They also commended the achievements and active participation of the working group in improving Derby’s night life.

    Councillor Sarah Chambers, Cabinet Member for Cost of Living, Equalities and Communities, said:

    This latest Purple Flag award is fantastic recognition of the continuous hard work across Derby to create a welcoming, inclusive, and positive experience in the city centre. We know perception matters and this award helps reinforce Derby as a place where people feel excited to spend their evenings. We’re proud of what we’ve achieved and even more excited for what’s to come.”

    Brad Worley, BID Manager for both Cathedral Quarter and St Peters Quarter, said:

    The Purple Flag award represents a celebration of the safety, liveliness, and variety found within the evening and night-time attractions of our city. It’s a proud achievement for Derby and a reflection of the dedication and cooperation shown by so many groups working together to make our city centre thrive after dark.”

    There are 90 Purple Flag destinations around the globe across the UK, Ireland, Sweden, Malta, New Zealand and Australia. Derby is proud to be amongst them. You can learn more about the Purple Flag award on the ATCM website.

    There is plenty going on in Derby, learn more about what’s on by visiting the Derby LIVE webpage. You can learn more about Derby Nightlife on the Visit Derby webpage.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Open China is an opportunity for the whole world – Chinese Foreign Ministry

    Translation. Region: Russian Federal

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

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

    BEIJING, May 16 (Xinhua) — It is more necessary than ever for all countries to meet challenges through openness and resolve differences through cooperation to overcome global economic risks, and an open China is always an opportunity for the world, Chinese Foreign Ministry spokesperson Lin Jian said Friday.

    The Chinese diplomat made the statement at a regular press briefing, commenting at a journalist’s request on the UN report “World Economic Situation and Prospects to Mid-2025,” which was released on May 15.

    As noted in the paper, rising trade tensions, coupled with policy uncertainty, have significantly worsened the global economic outlook for 2025, with global growth and trade forecast to slow to 2.4 percent and 1.6 percent, respectively, this year.

    Lin Jian stressed that all countries should safeguard the multilateral trading system and the rules of the global economy and trade, and uphold an open and cooperative international environment to achieve sustainable development and common prosperity.

    China has always been committed to high-level opening-up and maintains a transparent, stable and predictable policy environment, the spokesperson emphasized, noting that the country is committed to providing a first-class, market-oriented and internationalized business environment for foreign enterprises.

    “We are committed to sharing our super-large market with the world and promoting inclusive economic globalization that benefits everyone,” Lin Jian concluded. –0–

    MIL OSI Russia News –

  • MIL-OSI USA: Congressman Cline Earns 2024 Club For Growth’s Defender of Economic Freedom Award

    Source: United States House of Representatives – Congressman Ben Cline (VA-06)

    Congressman Ben Cline (VA-06) has been awarded the “Defender of Economic Freedom Award” by the Club for Growth, America’s largest free market advocacy organization.  

    “One of my top priorities in Congress is to support economic policies that benefit the citizens of the Sixth District of Virginia,” said Congressman Cline. “I’ve voted to cut taxes, eliminate red tape, reduce regulations on small businesses, and fight inflation. It’s a privilege to receive this award from Club for Growth as I continue working to advance fiscally responsible legislation that empowers Americans and strengthens our economy.”

    “We congratulate Rep. Cline for earning Club for Growth’s Defender of Economic Freedom Award for fighting for policies that advance limited government and prosperity,” said Club for Growth President David McIntosh. “Meanwhile Democrats have become more socialist than ever despite many of them claiming to be ‘moderate.”

    The award is based on the Club for Growth Foundation’s 2024 Congressional Economic Scorecard, the gold-standard in measuring the voting behavior of Members of Congress based on issues relating to limited government and economic growth. Club for Growth’s Defender of Economic Freedom Award required Representatives and Senators to not only score 90% or better on votes cast in a year, but to also maintain a lifetime rating of at least 90% to receive the award.

    Congressman Ben Cline represents the Sixth Congressional District of Virginia. He previously was an attorney in private practice and served both as an assistant prosecutor and Member of the Virginia House of Delegates. Cline and his wife, Elizabeth, live in Botetourt County with their two children.

    ###

    MIL OSI USA News –

  • MIL-OSI Europe: Philip R. Lane: The communication of monetary policy decisions: incorporating risks and uncertainty

    Source: European Central Bank

    Remarks by Philip R. Lane, Member of the Executive Board of the ECB, at the Second Thomas Laubach Research Conference

    Washington, D.C., 16 May 2025

    In my remarks today I will focus on how the ECB communicates its monetary policy decisions, with a particular emphasis on the integration of risks and uncertainty into the monetary policy decision-making process.[1][2]

    Monetary policy meetings take place over two days. On Wednesday afternoon, there are presentations by ECB Executive Board members: Isabel Schnabel reports on the latest financial market developments and I review the global environment and the latest economic, monetary and financial developments in the euro area. This is followed by a general discussion of these topics by Governing Council members. On Thursday morning, I present a proposal for the monetary policy decision, which is then discussed by the Governing Council. After the monetary policy decision is made (typically by consensus), the monetary policy statement is finalised by the Governing Council, concluding the Thursday morning session.

    In the afternoon, a press release announcing the decision is published at 2:15 p.m. While this press release was quite succinct in the past, a summary explanation for the decision is now included, and — for the quarterly meetings — the main elements of the staff macroeconomic projections are reported.

    At the opening of the press conference at 2:45 p.m., President Lagarde reads out the monetary policy statement. The opening section matches the press release, while further sections go into more detail on economic activity, inflation, the risk assessment and monetary and financial developments. This is followed by a question-and-answer session. After the press conference, the quarterly forecast meetings also see the publication of a staff article that explains the new set of macroeconomic projections. About two weeks later, the Economic Bulletin is published, containing summaries of the preparatory analysis that was made available to the Governing Council prior to the meeting. An account of the meeting is published about a month after the meeting.

    The aim of the monetary policy statement is not only to explain the immediate decision but also to update the underlying narrative in terms of the overall orientation of the monetary stance, the main forces shaping the dynamics of the economy and the inflation process, the evolving risk assessment and monetary and financial developments. The discipline of limiting the length of the monetary policy statement (it was about 1,500 words in April) puts a premium on identifying the main issues that the Governing Council wishes to emphasise. At the same time, this length offers room for a sufficiently broad survey of these themes to underpin the monetary policy decision. Naturally, at the quarterly meetings, there is also considerable external interest in the details of the new staff macroeconomic projections: it makes sense to publish the staff article after the press conference. In that way, the initial focus in the monetary policy statement and the press conference is on the Governing Council’s overall assessment of the situation, whereas the technical details of the staff work follow thereafter.

    The publication of the meeting account summarises the presentations by Isabel and myself and the ensuing discussions among the members of the Governing Council. The account includes a section entitled “Monetary policy considerations and policy options” that provides the main features of the monetary policy proposal that I presented at the meeting. This typically includes considerations of how risk factors were taken into account in the proposal.[3] Especially since the Governing Council’s monetary policy decisions are typically consensual, the summary of the discussion provides valuable insights into the range of views expressed at the meeting.

    Taken together, the press release, the MPS, the press conference, the staff macroeconomic projections article, the Economic Bulletin and the meeting accounts provide a phased sequence of public information releases that helps external audiences to understand how we make our monetary policy decisions. In addition, in pursuing a multi-layered approach to public communication, a visual monetary policy statement is also released, which explains the monetary policy decision in short and easy-to-understand language, accompanied by a set of infographics to illustrate the main messages.[4]

    These decision materials are complemented by speeches and interviews by Executive Board and Governing Council members. The publication of an array of analytical contributions by staff (through the Economic Bulletin, the ECB Blog, working papers and occasional papers) also helps improve understanding of monetary policy formation, including in relation to the staff projections, which form a key analytical input into monetary policy meetings.

    In view of this rich information set, would it be a game changer if the Governing Council additionally published its conditional assessment of the most likely future rate path, as practised by some other central banks? Putting aside the logistical challenge of forming a consensus on the conditional future rate path among the twenty-six members of the Governing Council, it is my view that such an exercise would create unwarranted expectations about the future rate path. Moreover, it would distort the monetary policy decision-making process in view of the potential reputational costs associated with deviations of actual decisions from the previously-flagged path.[5] Procedurally, publishing a conditional rate path would also be awkward in the context of a staff-led projections exercise that is based on the market rate path.

    More fundamentally, publishing a conditional baseline for the future rate path would not well capture the sensitivity of future rate decisions to the evolving macroeconomic environment and shifts in the risk assessment. As part of the meeting preparations, the staff analyse a family of plausible future rate paths and it would convey excessive confidence if any one candidate rate path were to be singled out. In particular, staff simulation exercises show the sensitivity of rate paths to both the point-in-time macroeconomic projections and various underlying assumptions that underpin model-based optimal rate paths as well as “robust” rate paths that seek to minimise the risk of a policy error across a range of plausible scenarios. Importantly, all such rate path analyses are sensitive to the assumptions made about the preferences of policymakers.[6] Even if the rate path simulation exercises are highly valuable inputs into the internal development of the monetary policy proposal, it is preferable to take a meeting-by-meeting approach and focus the public communication on the immediate decision.[7]

    At the same time, to improve external understanding of how we make decisions, it is helpful set out the criteria guiding the reaction function to the main risk factors prevailing at any point in time.[8] This provides “reaction function” guidance in terms of the key inputs driving monetary policy decisions.[9] For instance, during the disinflation process over the last two years, the Governing Council has highlighted that measures of underlying inflation and the incoming evidence on the strength of monetary policy transmission were especially important in guiding decisions, in addition to the “standard” role of the inflation outlook (comprising both the baseline and the risks around it). The prominence of these specific risk proxies reflected the high uncertainty about the intrinsic persistence of the inflation surge (such that measures of underlying inflation provided important insights into the persistent component of inflation) and, similarly, the high uncertainty about the impact of the exceptionally fast pace of the cumulative rate hiking over 2022-2023 (such that monitoring the evidence on the strength of monetary transmission was crucial). Since both inflation persistence and the strength of monetary transmission are first order influences on the calibration of the rate path, the prominence given to these factors in our public communication have helped market participants to understand that the incoming information along these dimensions is central to our data-dependent monetary policy decisions. Looking to the future, the exact articulation of reaction function guidance should be periodically updated in line with the evolving risk environment: there is unlikely to be a fixed, timeless list of risk proxies.

    The risk assessment section of the monetary policy statement provides additional signals regarding the factors that might shape future rate decisions. The meeting-by-meeting list of upside and downside risks to growth and inflation help to shape market pricing of future rate decisions: as the evolution of these risks become more or less prominent between meetings, market participants can revise their views. Naturally, this risk assessment is informed by considerable staff analysis that identifies and calibrates material threats to the growth and inflation projections.

    Finally, alternative scenarios have been included in the staff macroeconomic projections exercise in the context of specific risk constellations. These include the onset of the pandemic in early 2020, the unjustified invasion of Ukraine by Russia in early 2022 and the elevation of geopolitical tensions in the Middle East in autumn 2023. In the near term, the ongoing uncertainty about US tariff policies means that alternative scenarios will also be included in the June macroeconomic projections exercise. These staff exercises are valuable in conveying the scale of revisions to the projected inflation and output paths that would be triggered under the realisation of the alternative scenarios.[10]

    In providing the risk assessment in the monetary policy statement and by staff publishing alternative macroeconomic projection scenarios in the context of specific risk constellations, there is extensive communication on how different risk factors might shape future decisions. Some might wish that the Governing Council lays out specific policy responses to these various risk profiles in order to “fill out” the distribution of future rate paths. However, as outlined above, the rich information set that is attached to each monetary policy decision together with reaction function guidance provides a sufficient foundation for market participants to assess how the realisation of various risks could affect the future rate path.

    An additional potential application of scenario analysis is to construct a limited set of specific “curated” alternative scenarios by combining selected alternative calibrations of the primary economic and financial judgements underpinning the baseline projections. Publishing such alternative scenarios can be helpful in conveying the difficult choices embedded in making forecasts and in capturing possible differences in policy preferences across policymakers. From a communications perspective, this can be particularly helpful in systems where policymakers have a collective responsibility to endorse the published forecast but retain individual responsibility in casting votes.

    Since the ECB relies on a staff-led projections exercise and has a strong preference for consensual decisions, the set of considerations in publishing such curated scenario analyses is different. In making sure monetary policy decisions are robust to non-baseline realisations, it is also not clear whether such a curated approach would be superior to a “many scenario” internal staff analysis (possibly augmented by machine learning algorithms) that explores robustness across the many combinations of shocks and modelling choices that are considered at each meeting. In addition, if the aim is to capture the main risk concerns of policymakers, selecting a limited set of curated alternative scenarios (out of very many possible scenarios) for each meeting would be logistically taxing for a twenty-six member Governing Council. A basic concern is that the selected curated scenarios might turn out to have shined the spotlight on risk factors that proved to be immaterial and might give the impression that the risk analysis was too narrow in scope.

    In any event, the specific methods used to convey how risks and uncertainty are incorporated into the monetary policy decision-making process are less important than the underlying commitment to articulate that policy decisions not only take into account the baseline but also the surrounding risk environment. Moreover, there is an active research agenda in academia and policy organisations on how best to incorporate uncertainty into monetary policy decisions and monetary policy communications: as this research bears fruit over time, central banks should adapt their practices.[11]

    In these remarks, I have focused on how we currently communicate our monetary policy decisions and the associated decision-making framework. How best to integrate risk and uncertainty into our monetary policy decisions and our communication is a key topic for our ongoing assessment of our monetary policy strategy.[12] We will publish our updated strategy in the second half of the year.

    MIL OSI Europe News –

  • MIL-OSI USA: Welch, Moody, Baldwin Introduce Bipartisan Bill to Give Tax Relief to Victims of Fraud, Scams, Theft, and Disasters

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    WASHINGTON, D.C. – U.S. Senators Peter Welch (D-Vt.), Ashley Moody (R-Fla.), and Tammy Baldwin (D-Wis.) this week introduced the Tax Relief for Victims of Crimes, Scams, and Disasters Act, bipartisan legislation to give relief to those who have been victims of fraud, scams, thefts, accidents, and other personal casualty losses. The Senators’ bill would reinstate the tax deduction for personal casualty and theft losses and ensure victims of scams, robberies, storms, and fires do not have to pay taxes on stolen assets and further wipe out their hard-earned savings and financial security.  
    “It’s outrageous that folks scammed out of their life’s savings are hit with large tax bills.  I’m proud to introduce this bill to reinstate this important tax deduction to provide crucial financial relief to those victimized by scams and theft,” said Senator Welch. “Vermont experienced catastrophic floods in July of 2023 and 2024. We know firsthand that victims of floods, storms, and fires go through so much—the last thing they should worry about is being penalized for a natural disaster.”  
    “As hurricane season is around the corner, I will continue supporting policies that protect Floridians from scammers and fraudsters,” said Senator Moody. “My Tax Relief for Victims of Crimes, Scams and Disasters Act will provide commonsense tax relief for victims, often seniors, who have been financially devastated by scams, crimes or destruction from disasters. This legislation will help folks get back on their feet when they experience hardship. When I was Attorney General of Florida, I made sure to fight for Floridians who fell victim to scams, and I will continue bringing this fight to D.C. so that folks have the protections they need.” 
    “When Wisconsinites fall victim to a fraud or scam, the last thing they should have to worry about is being slapped with an unexpected tax bill once tax season rolls around,” said Senator Baldwin. “I am proud to work with my Republican and Democratic colleagues to introduce this commonsense bill to help make sure if someone is down and out, they have one less thing to worry about than being hit with a tax bill.” 
    “The Elder Justice Coalition commends Senators Baldwin, Moody and Welch for introducing the Tax Relief for Victims of Crimes, Scams, and Disasters Act,” said Bob Blancato, National Coordinator of the Elder Justice Coalition. “It is unconscionable that older scam victims who lose hundreds of thousands of dollars face the compounded misery of having to pay taxes on the money lost.  Scams are rampant in this nation and serve to exploit the most vulnerable older adults. We hope Senator Baldwin’s bill can be made part of a future tax package. Tax relief for scam victims is tax fairness.”  
    “The Financial Services Institute (FSI) is proud to support the Tax Relief for Victims of Crimes, Scams and Disasters Act,” said Dale Brown, President & CEO of Financial Services Institute. “Owing taxes on stolen retirement funds makes an already painful situation worse. Main Street Americans cannot afford to lose their life savings, which they rely upon for a financially secure retirement. This bill will provide some relief to victims and mitigate damages as they work with their trusted financial advisor to recover losses and regain their financial footing.” 
    “With widespread financial fraud and scams impacting many Americans’ retirement security and financial livelihoods, CFP Board enthusiastically supports this critical piece of legislation that would lessen the impact of financial loss. We look forward to seeing this bill get to the finish line,” said Erin Koeppel, Managing Director of Government Relations and Public Policy Counsel at CFP Board.  
    Until 2018, the federal government allowed victims of crimes and unexpected, uninsurable disasters to deduct these losses from their taxes with a provision called the Casualty and Theft Loss Deduction. Today, scam victims and homeowners are on the hook for tens or hundreds of thousands of dollars in federal taxes unless their misfortunes meet a narrow set of criteria.  
    The growing sophistication of cybercriminal networks has led to a rapid proliferation in fraud for the past five years. In 2024 alone, American taxpayers reported $16.6 billion in cyber fraud to the Federal Bureau of Investigation (FBI). The average victim of elder fraud lost $83,000. Natural disasters are also on the rise during a period of increasing insurance premiums and unexpected claim denials.  
    Without a reinstatement of the casualty and theft loss deduction, Americans who are victims of theft and non-federally declared disasters will continue to face hefty federal tax bills that the IRS is obligated to enforce. 
    The Tax Relief for Victims of Crimes, Scams, and Disasters Act:  
    Reinstates the tax deduction for personal casualty loss and provides retroactive coverage to taxpayers who suffered losses in the years that followed.  
    Ensures that victims who suffered losses since 2017 are able to file an amended tax return accounting for their personal casualty loss.  
    Companion legislation will be introduced in the U.S. House by Representatives Jamie Raskin (D-MD-08) and Greg Steube (R-FL-17). 
    The legislation is endorsed by the AARP, The Elder Justice Coalition, the National Association of Consumer Advocates, AICPA-CIMA, National Association of Enrolled Agents, National Association of Realtors, American Land Title Association, CFP Board, Investment Advisers Association, Financial Services Institute, Aspen Institute Financial Security Program, Association of Mature American Citizens, National Association of Government Defined Contribution Administrators, Operation Shamrock, and SPARK Institute. 
    As a member of the U.S. House of Representatives, Senator Welch voted against the 2017Republican tax bill, which repealed a tax deduction previously available to victims of scams, thefts, accidents, and other property casualty losses. In turn, reporting has revealed a pattern of Americans ending up with a tax bill after losing money through scams, thefts, and other similar events.   
    Learn more about the Tax Relief for Victims of Crimes, Scams, and Disasters Act. 
    Read and download the full text of the bill.  

    MIL OSI USA News –

  • MIL-OSI United Kingdom: The Bovisand beach bus is back!

    Source: City of Plymouth

    Prepare your picnics, buckets and spades – Plymouth’s ‘beach bus’ will be making a welcome return this upcoming May half term.

    Beach lovers and visitors will once again be able to take the number 54 bus straight to Bovisand, which overlooks Plymouth Sound.

    Operated by Stagecoach South West, the service will run daily between Saturday 24 May and Sunday 1 June. It will then return for the summer holiday, running daily from Saturday 26 July to Sunday 31 August. 

    The bus will depart from the city centre every hour from 10am until 6pm (except 2pm), returning from Bovisand hourly from 10.28am until 6.28pm (except 2.28pm). It will depart from and drop off at Stop A10 on Royal Parade.

    The service, financially supported by the Council, will give people the chance to enjoy a great day out at the beach or take walks along the South West Coast Path.

    Councillor John Stephens, Cabinet Member for Strategic Planning and Transport said: “The Bovisand bus is a popular and convenient way to get to the beach and we’re really pleased to be able to bring it back for another year. One of Plymouth’s priorities is providing direct routes to key locations and this service will enable residents and visitors to enjoy Bovisand and the wider National Marine Park throughout the summer.”

    For more information on the Bovisand bus service please visit the Stagecoach South West website.

    MIL OSI United Kingdom –

  • MIL-OSI USA: Remarks at the 12th Annual Conference on Financial Market Regulation

    Source: Securities and Exchange Commission

    Thank you, Pedro, for your kind introduction and thank you, ladies and gentlemen, for joining us today as we dive into an essential aspect of our regulatory framework – economic analysis.  

    In order to keep the compliance folks here at the SEC happy, I must first note that the views I express here today are my own and do not necessarily reflect those of the full Commission or of my fellow Commissioners.

    Considering the ongoing changes in financial landscapes, the need for thorough economic analysis of the Commission’s actions becomes increasingly important.  High-quality economic analysis is an essential part of any SEC rulemaking.  It is critical that a rule’s potential benefits and costs be considered in ensuring that it is in the public’s interest. It also helps that it happens to be the law.

    From Pedro’s introduction, you can see that this is my third tour of duty at the SEC – having previously served from 1990-1994 on the staff of former Chairmen Richard Breeden and Arthur Levitt, as a Commissioner from 2002-2008, and now as Chairman.  

    This is a unique moment to come back here to lead the agency, as opportunities abound to facilitate capital formation when the investment environment and the capital markets are undergoing significant change.

    During my tenure as Commissioner, I often emphasized the need for rigorous economic analysis.  As Chairman, I aim to ensure that those principles are the bedrock upon which our sound regulatory policies are built.  It is important for us as an agency to ensure that thorough and unbiased economic analysis is not being overshadowed by any driving desire to implement regulatory measures that impose unnecessary burdens on our markets.

    Before we act, we first must identify a problem to be solved and propose a resolution that is tailored to solve it – rather than create a solution in search of an unidentified problem.

    The SEC, in its regulatory capacity, is tasked to balance investor protection with promoting capital formation and market efficiency.  In years past, the Commission has unfortunately demonstrated a tendency to prioritize regulatory expansion over meticulous economic analysis, potentially jeopardizing this delicate balance.

    For example, in some of the Commission’s recent economic analysis, the adopting releases have stated, “Where possible, we have attempted to quantify these economic effects . . . however, we are unable to reliably quantify the potential benefits and costs of the final rul[e].”[1]

    Going forward, we must show our work so that the public understands what we are proposing and why.  We must show that we have considered the potential effects of our rules, including the negative ones.

    Robust economic analysis of our regulatory initiatives helps us to do just that.  It provides us with a framework to assess the potential unintended consequences of new regulations.  

    In choosing when and how to regulate our markets we should be cognizant to measure twice and cut once.  Otherwise, we risk damaging our markets and unnecessarily adding costs to issuers and investors.

    Like it or not, we operate in a global environment. There are alternatives, and investors can vote with their feet and pocketbooks.  Our job at the SEC is to ensure that we maintain a market that is the best in the world for investors and for issuers.  You cannot have one without the other.

    As I have said before, regulation is a bit like golf.[2]  It requires careful, precise strokes, and meticulous analysis of shot selection to achieve the intended result.  For instance, if you choose the wrong club, or swing too hard, you risk overshooting the green.[3]  In the end, your short game of precision is most often the crucial factor to sink the ball in the hole.

    As we navigate the complexities of modern financial markets, we must continually refine our methodologies while adapting to new challenges.

    I am thankful that you all are here to help us to enrich our understanding of markets and market dynamics.  By incorporating diverse perspectives and a wide range of research, we enhance the robustness of our analyses and ensure that our regulatory measures are well-informed. 

    We value the research that you do.

    It is a new day at the SEC, and I look forward to engaging with you all as we promote policies that foster economic growth and strengthen confidence in our markets.

    Before I turn it over to our first panel, I would like to thank everyone who contributed to the success of this event, especially the organizers, Amy Edwards and Vlad Ivanov from the Division of Economic and Risk Analysis, Kathleen Hanley from Lehigh University, and Pedro Matos from the University of Virginia.

    Thank you.

    MIL OSI USA News –

  • MIL-OSI USA: ICYMI: Governor Stein Announces More Than 700 New Jobs Coming to North Carolina

    Source: US State of North Carolina

    Headline: ICYMI: Governor Stein Announces More Than 700 New Jobs Coming to North Carolina

    ICYMI: Governor Stein Announces More Than 700 New Jobs Coming to North Carolina
    lsaito

    Raleigh, NC

    This week Governor Josh Stein and the North Carolina Department of Commerce announced two new economic development projects, bringing more than 700 jobs to North Carolina. Genentech and Prolec GE build on North Carolina’s strong reputation in the life sciences and advanced manufacturing industries. Governor Stein and Secretary Lee Lilley also attended the Select USA Investment Summit in Maryland to highlight North Carolina’s attractive business environment and encourage companies to expand their operations in the state.

    “I am excited to see that more than 700 new jobs are coming to North Carolina,” said Governor Josh Stein. “Companies recognize that our strong economy and talented workforce are an asset to their operations, and that is why they are eager to invest here.”

    “Genentech and Prolec GE’s investments in North Carolina demonstrate our state’s high-powered business climate,” said Commerce Secretary Lee Lilley. “Our state’s investments in our workforce and infrastructure are paying off, and companies see the value in calling North Carolina home.” 

    Governor Stein announced this week that Genentech, one of the world’s premier biotechnology companies, will invest $700 million to build a new manufacturing plant in Holly Springs, creating 420 jobs. The average salary for new positions will be $119,833 as compared to the average wage in Wake County of $76,643, although wages vary depending on the position. This project is expected to grow North Carolina’s economy by more than $3 billion. For every dollar the state invests it is projected to receive $3.30 in state revenue. 

    The Governor also announced that Prolec-GE Waukesha, Inc., one of the nation’s largest manufacturers of power transformers, will add 330 new jobs as it invests $140 million to build a second manufacturing facility in Goldsboro. This project will build a new state-of-the-art manufacturing plant at the company’s existing site to support a growing demand for power grid capacity across the country. Although wages vary by position, the average salary for new positions will be $71,912. This project is expected to grow North Carolina’s economy by more than $1.05 billion. For every dollar the state invests it is projected to receive $2.06 in state revenue.

    Governor Stein is committed to creating a North Carolina that is safer and stronger with opportunity for everyone. North Carolina was recently ranked in the top 10 states for economy and growth by U.S. News and World Report, with the 7th best economy and the 5th best growth in the nation. The Governor’s budget proposal seeks to continue that progress by investing $256 million in workforce development and including free community college for students pursuing credentials in high-demand fields. In 2025, the State of North Carolina has announced more than 2,600 new jobs facilitated by grants and incentives. 

    May 16, 2025

    MIL OSI USA News –

  • MIL-OSI: Interfield Announces Delisting From Cboe Canada Exchange, Provides Update on Status of Failure-to-File Cease Trade Order and Announces Extension of MOU With Abhi Joint Venture

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, May 16, 2025 (GLOBE NEWSWIRE) — Interfield Global Software Inc.(the “Company”) announces that, further to its news release dated February 18, 2025, that the common shares of the Company (“Common Shares”) have been delisted from the Cboe Canada Exchange (the “Cboe”) as of the close of trading on May 12, 2025. The Company will remain a reporting issuer in Alberta, British Columbia and Ontario, and continues to work toward listing the Common Shares on the Canadian Securities Exchange (the “CSE”).

    Failure to File Cease Trade Order Update

    The Company also announces that due to delays in filing its annual audited financial statements, chief executive officer and chief financial officer certifications of the annual filings, accompanying management discussion and analysis and annual information form for the year ended December 31, 2024 (collectively, the “Annual Filings”), the Company anticipates that it will be delayed in filing its consolidated interim financial reports for the three months ended March 31, 2025 (the “Interim Filings”). On April 4, 2025, as a result of the delay in the Company completing the Annual Filings, the British Columbia Securities Commission as the principal regulator of the Company issued a failure-to-file cease trade order to the Company under ‎National Policy 11-207 Failure-To-File Cease Trade Orders And Revocations In Multiple Jurisdictions.

    The delay is a result of the Company’s auditors requiring additional time to complete their audit, which is required to be completed before the Interim Filings can be completed. The Company’s management continues to work diligently with its auditors, to complete the Annual Filings and expects to complete the Annual Filings on or before June 15, 2025. ‎The Company expects that it will complete the Interim Filings contemporaneously with the Annual Filings.

    The Company confirms that, other than as disclosed in prior press releases and material change reports, there have been no material business developments since the filing on November 12, 2024 of the Company’s consolidated ‎interim financial reports for the period ended September 30, 2024‎. There are no insolvency proceedings involving the Company.

    Abhi Joint Venture Update

    Further to its news releases dated November 18, 2024, January 21, 2025 and February 18, 2025, the Company announces that it has made further progress towards the completion of its joint venture with Abhi Fintech Ltd. (“Abhi”), pending which Abhi and Interfield Solutions have extended the term of their previously announced MOU until October 31, 2025.

    About Abhi

    Abhi is a prominent fintech company, earning recognition as one of the Future 100 companies in the UAE. It was also the first to receive the Technology Pioneer 2023 Award by the World Economic Forum, making fintech history in the MENAP region. Abhi offers a comprehensive suite of products and services, including EWA, payroll solutions, and SME financing.

    About Interfield Global Software Inc.

    The Company is an unlisted reporting issuer and operates out of Dubai, U.A.E through its wholly owned subsidiary, Interfield Software Solutions LLC (“Interfield Solutions”).

    Interfield Solutions is a software company that services numerous industrial segments worldwide including oil and gas, mining and renewables. Interfield Solutions has two operating divisions, E-commerce and Software as a Service. Equipment Hound, the company’s flagship product of its E-commerce division, is an industrial equipment marketplace that connects buyers and suppliers around the globe. Equipment Hound manages a catalogue of equipment from various suppliers and provides procurement solutions for buyers. It includes features such as requests for quotes, logistics support and third-party verification. ToolSuite, the company’s flagship product of its Software as a Service division, is a cloud based data collection and management platform that digitizes industrial processes and provides real-time auditable data for clients.

    ON BEHALF OF THE BOARD OF DIRECTORS

    “Harold Hemmerich”

    Harold Hemmerich, Chief Financial Officer & Director

    Phone: +971 50 558 8349

    Forward-Looking Statements Disclaimer and Reader Advisory

    This news release contains “forward-looking information” within the meaning of applicable Canadian ‎securities legislation. All statements, other than statements of historical fact, included herein are forward-‎looking information. In particular, this news release contains forward-looking information regarding: the ‎filing of the Annual Filings and Interim Filings, including the timing for the filing of the Annual Filings and Interim Filings and the proposed listing of the Common Shares on the CSE. ‎There can be no assurance that such forward-looking information will prove to be ‎accurate, and actual results and future events could differ materially from those anticipated in such ‎forward-looking information. This forward-looking information reflects the Company’s current beliefs and is based on ‎information currently available to the Company and on assumptions the Company believes are reasonable. These ‎assumptions include, but are not limited to the ability of the Company to complete the Annual Filings in the noted ‎timeframe. Forward-looking information is subject to known and unknown risks, uncertainties and other factors ‎that may cause the actual results, level of activity, performance or achievements of the Company to be materially ‎different from those expressed or implied by such forward-looking information. Such risks and other ‎factors may include, but are not limited to: general business, economic, competitive, political and social ‎uncertainties; general capital market conditions and market prices for securities; delay or failure to receive ‎board or regulatory approvals; the actual results of future operations; competition; changes in legislation ‎‎affecting the Company; the timing and availability of external financing on acceptable terms; long-term capital ‎requirements and future developments in the Company’s markets and the markets in which it expects to ‎compete;‎ or loss of key individuals. A description of additional risk factors ‎that may cause actual results to differ materially from forward-looking information can be found in the Company’s ‎disclosure documents on the SEDAR+ website at www.sedarplus.com. Although the Company has attempted to identify ‎important factors that could cause actual results to differ materially from those contained in forward-‎looking information, there may be other factors that cause results not to be as anticipated, estimated or ‎intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further ‎cautioned not to place undue reliance on forward-looking information as there can be no assurance that ‎the plans, intentions or expectations upon which they are placed will occur. Forward-looking information ‎contained in this news release is expressly qualified by this cautionary statement. The forward-looking ‎information contained in this news release represents the expectations of the Company as of the date of this news ‎release and, accordingly, is subject to change after such date. However, the Company expressly disclaims any ‎intention or obligation to update or revise any forward-looking information, whether as a result of new ‎information, future events or otherwise, except as expressly required by applicable securities law.‎

    No securities regulatory authority has either approved or disapproved the contents of this news release. The Cboe Canada Exchange does not accept responsibility for the adequacy or accuracy of this news release.

    The MIL Network –

  • MIL-OSI: Bitcoin Breaks $100K — BexBack Launches 100% Deposit Bonus to Help Traders Seize the Volatility with 100x Leverage, No KYC Required

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 16, 2025 (GLOBE NEWSWIRE) — As Bitcoin prices soar past the historic $100,000 mark and global tariff tensions ease, market sentiment has turned decisively bullish. Analysts now predict a period of heightened volatility, where massive price swings are expected. For traders seeking to amplify their returns during this phase, high-leverage derivatives have become the preferred tool — and BexBack is leading the way.

    What Is 100x Leverage and Why It Matters Now?

    In simple terms, 100x leverage means a trader can control $100,000 worth of crypto with just $1,000 in capital. During periods of volatility, even a 1% price move can result in 100% profit or loss — providing a powerful tool for seasoned traders to maximize upside with minimal capital.

    Example: If BTC moves from $100,000 to $101,000 (a 1% increase)

    • With $1,000 and 100x leverage, you control 1 BTC → Profit = $1,000
    • With $1,000 spot investment, you hold 0.01 BTC → Profit = $10

    However, with higher potential rewards come higher risks, so proper risk management is essential.

    Double Your Capital with BexBack’s 100% Deposit Bonus

    To help traders unlock the full potential of leveraged trading, BexBack is offering a 100% deposit bonus:

    • Deposit 0.001 BTC or 100 USDT or more
    • Submit a bonus request
    • Instantly receive the same amount in bonus funds, usable as trading margin
    • Bonus funds cannot be withdrawn, but profits generated from them can be fully withdrawn

    This gives traders a bigger buffer against liquidation and the ability to open larger positions with the same capital.

    Why Trade Futures on BexBack?

    BexBack has rapidly gained popularity among crypto traders due to its innovative features and user-friendly approach:

    • 100x leverage on 50+ crypto contracts including BTC, ETH, SOL, XRP, ADA, and more
    • Zero spread & no slippage — execute trades at the price you see
    • No KYC required — register instantly with just an email
    • $50 Welcome Bonus for new users who deposit（Deposit greater than 0.001 BTC） and complete their first trade
    • Demo account with 10 BTC or 1M USDT virtual funds
    • Global access, 24/7 multilingual support, and mobile/web compatibility

    Who Is BexBack?

    BexBack is a next-generation cryptocurrency derivatives exchange headquartered in Singapore, with offices in Hong Kong, Japan, the U.S., and the U.K. It currently serves over 500,000 users worldwide. With its focus on speed, security, simplicity, and trader empowerment, BexBack is becoming the platform of choice for traders looking to profit in both bull and bear markets.

    Don’t Miss the Moment — Trade the Bull Run with Power

    If you’ve been waiting to enter the market or scale your trading, now is the time. With Bitcoin surpassing $100K and volatility on the rise, BexBack gives you the tools to trade fast, trade smart, and trade big — all with unmatched flexibility.

    Register today, claim your 100% deposit bonus and $50 welcome bonus, and experience the adrenaline of high-leverage crypto futures trading.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/73f0f943-b3d1-4704-81c9-7d34d1b89461

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4d6b1a9c-f30b-4199-9c98-7e506c337f44

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4dd67d09-2355-464b-88ba-b2268f670d0b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/df470d7f-840e-4646-930d-6149f0297a7e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/0f50e696-bf42-41e1-b97e-0ae60370dfee

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fe424fb9-64b3-4277-8289-e1fa9b89a410

    The MIL Network –

  • MIL-OSI Economics: GlobalData highlights potential impact of US tariffs on medical tourism

    Source: GlobalData

    GlobalData highlights potential impact of US tariffs on medical tourism

    Posted in Medical Devices

    US trade policy has seen notable changes recently, particularly with regard to import tariffs on countries such as China. Though these policies are usually justified by economic and geopolitical considerations, they also impact other areas, including the medical device industry and, more specifically, medical tourism. One growing outcome is how these tariffs are affecting medical tourism—the practice of traveling to another country to receive healthcare services. As medical expenses continue to climb in the US, a growing number of patients are looking overseas for more cost-effective treatment options, according to GlobalData, a leading data and analytics company.

    The US has imposed steep tariffs on a range of medical products imported from China, including syringes and needles, rubber medical and surgical gloves, and facemasks. These items are integral to a wide variety of medical procedures and daily healthcare operations. The imposition of tariffs on such goods has disrupted supply chains, constrained hospital procurement strategies, and driven up the cost of healthcare delivery across the US.

    In response to these rising costs, a growing number of Americans are turning to medical tourism. Popular destinations include Mexico, India, Thailand, and Costa Rica, which offer competitive pricing and internationally accredited healthcare facilities. For example, the average cost of a knee replacement surgery in the US can exceed $50,000, but the same procedure in India or Mexico can be performed for $8000-$12,000. As US healthcare providers face increased operational costs due to tariffs – especially on imported surgical instruments, diagnostic equipment, and protective gear – the price gap between domestic and international care continues to widen, creating a financial incentive for patients to consider treatment overseas.

    Alexandra Murdoch, Senior Medical Analyst at GlobalData, comments: “While the intended impact of tariffs may not have been to effect healthcare, they do shape patient behavior. The rise in the cost of medical devices ultimately leads to more out-of-pocket expenses for patients.”

    US tariffs on medical imports are reshaping not only international trade relationships but also domestic healthcare economics. The direct result is an increase in the cost of medical care, which disproportionately affects uninsured and underinsured populations. One of the most notable responses to these price pressures has been a rise in outbound medical tourism. Patients are seeking high-quality, affordable care in countries that are not impacted by these tariffs — a trend that is likely to continue if current trade and healthcare cost trajectories remain unchanged.

    Murdoch concludes: “This dynamic highlights a deeper connection between global trade policy and patient access to care. As the US continues to adjust its economic strategy, it will be important for policymakers and healthcare leaders to consider the downstream impacts on medical accessibility, affordability, and patient behavior.”

    For further information on trade and tariff developments, GlobalData’s Strategic Intelligence platform offers comprehensive insights.

    MIL OSI Economics –

  • MIL-OSI Economics: Coinbase’s S&P 500 inclusion sparks optimism among influencers about cryptocurrency future, reveals GlobalData

    Source: GlobalData

    Coinbase’s S&P 500 inclusion sparks optimism among influencers about cryptocurrency future, reveals GlobalData

    Posted in Business Fundamentals

    Coinbase Global Inc. has garnered significant attention among social media influencers in the middle of May 2025, following the announcement of its upcoming inclusion in the S&P 500 index, marking the first instance of a cryptocurrency company being represented in this widely followed market benchmark. The shift from niche status to institutional recognition reflects a broader trend of digital assets gaining traction within established financial frameworks. Influencers widely regard this development as a pivotal endorsement of the cryptocurrency sector’s legitimacy and its progressive integration into mainstream financial markets, reveals the Social Media Analytics Platform of GlobalData, a leading data and analytics company.

    Shreyasee Majumder, Social Media Analyst at GlobalData, comments: “The overall sentiment remains notably optimistic, with influencers expressing strong confidence in Coinbase’s strategic positioning and long-term potential. Several influencers interpret Coinbase’s milestone as indicative of the broader technological disruption reshaping traditional finance.”

    Below are a few popular influencer opinions captured by GlobalData’s Social Media Analytics Platform:

    1. Jason Yanowitz, Co-Founder at Blockworks:

    “Coinbase is now the first crypto company in the S&P. My favorite line: “Since going public… Coinbase has become a bigger part of the U.S. financial system” It makes me happy knowing that starting Monday, even people who despise crypto will now own a piece of the industry.”

    1. Nick Tomaino, Founder at 1confirmation:

    “Coinbase now in the S&P 500 stacking ETH with its L2. Robinhood acquired an L2 that hasn’t launched yet. Every serious dev and company thinking about app chains. Now watch the VC chains all pivot to an L2 strategy.”

    1. Simon Taylor, Head of Strategy & Content at Sardine:

    “Let’s unpack what this actually means:1. Institutional adoption just hit warp speed Every S&P 500 index fund must now buy Coinbase shares. Vanguard, BlackRock, Fidelity all buy crypto exposure through the index.”

    1. Aftab Hossain, Private Cryptocurrency Investor:

    “Coinbase joining the S&P 500 will spur a new wave of interest in crypto and they’re all going to see that Coinbase is building the future of their business on Ethereum, and hold ETH as a substantial treasury asset but it’s probably nothing…”

    MIL OSI Economics –

  • India’s forex reserves surge by $4.5 billion to cross $690.6 billion mark

    Source: Government of India

    Source: Government of India (4)

    India’s foreign exchange reserves jumped by $4.5 billion to reach $690.62 billion for the week ended May 9, according to data released by the Reserve Bank of India (RBI) on Friday.
     
    Foreign currency assets, the largest component of the reserves, rose by $196 million to $581.37 billion. These assets, expressed in US dollar terms, reflect the impact of appreciation or depreciation in other currencies such as the euro, pound, and yen that are part of the reserves.
     
    Gold reserves also saw a modest increase, rising by $4.5 million to $86.33 billion during the reporting week.
     
    However, special drawing rights (SDRs) declined by $26 million to $18.53 billion, while India’s reserve position with the International Monetary Fund (IMF) fell by $134 million to $4.37 billion, the RBI data showed.
     
    A strengthening foreign exchange reserve position bolsters the rupee against the US dollar and reflects the strong fundamentals of the Indian economy. It also provides the RBI with greater flexibility to manage volatility in the currency markets.
     
    A robust forex kitty allows the central bank to intervene in the spot and forward markets by releasing dollars to curb excessive depreciation of the rupee. On the other hand, a declining reserve base limits the RBI’s ability to defend the currency during turbulent periods.
     
    Meanwhile, India’s external sector continues to gain momentum, with total exports of goods and services registering a strong 12.7% growth in April, reaching $73.80 billion, compared to $65.48 billion in the same month last year. This growth comes despite global economic uncertainties triggered by US tariff hikes, according to data released by the Commerce Ministry on Thursday.
     
    Merchandise exports alone grew by 9.03% to $38.49 billion, driven largely by high-value electronics and engineering goods, underscoring the expansion of India’s manufacturing sector.
     
    Electronic goods exports rose sharply by 39.51% to $3.69 billion in April, up from $2.65 billion a year ago. Engineering goods exports climbed by 11.28% to $9.51 billion, compared to $8.55 billion last April. Exports of gems and jewellery also increased by 10.74% to $2.5 billion, up from $2.26 billion in the corresponding period last year.
     
    — IANS

  • MIL-OSI USA: Our Health, Or Economy, Our Nation, Our Future

    Source: US State of Connecticut

    For more than 80 years, colleges and universities across the country have collaborated with the federal government on research and innovation that has changed the world. UConn is proud of its longstanding relationships with agencies such as the National Institutes of Health, National Science Foundation, the departments of Energy and Defense, and multitudes of other funders who have enabled the discoveries that define our society.

    Connecticut’s workforce and economy, public health, and technological ingenuity are intertwined with the research that takes place in Storrs, at UConn Health in Farmington, and campuses across the state. UConn, like other universities across the nation, carries out critical research in facilities and with the expertise required to move America forward.

    This report and website illustrate the impact of UConn’s research enterprise. It outlines the University’s influence on Connecticut, the breakthroughs made in fields from healthcare to national security, and the importance of continued federal financial support.

    For more information, please visit research.uconn.edu.

    MIL OSI USA News –

  • MIL-OSI Security: Two California Businesses and Their Owners Resolve Allegations They Misrepresented Businesses’ Size to Obtain Paycheck Protection Program Loans

    Source: United States Attorneys General

    JEV&B Services LLC and D4 Inc., two entities with their principal places of business in California, and their owners — William Nelson and Vicki Rollins — have agreed to pay $153,598.90 to resolve allegations that they violated the False Claims Act by submitting false statements and certifications to obtain Paycheck Protection Program (PPP) loans for which the entities were not eligible.

    The PPP, an emergency loan program established by Congress in March 2020 under the Coronavirus Aid, Relief, and Economic Security (CARES) Act and administered by the Small Business Administration (SBA), was intended to support small businesses struggling to pay employees and other businesses during the COVID-19 pandemic. Under the PPP, eligible businesses could receive forgivable loans guaranteed by the SBA. In addition to the SBA’s guarantee, the PPP protected and supported financial institutions by reimbursing the lender’s costs of processing PPP applications. Regulations and legislation passed by Congress set various eligibility requirements for the PPP, including limitations on the size of eligible businesses, so that the limited PPP funds would reach small businesses. In 2021, when Congress authorized a second round of PPP loans, it imposed even stricter size limits. The second-draw PPP loans were limited to businesses with 300 employees or less, including the employees of the applicant’s affiliated businesses.

    On their PPP loan applications, borrowers were required to disclose their affiliated companies and to state the combined number of employees. Borrowers also certified that they were eligible for the PPP loan and that the information provided was accurate.

    The United States alleged that JEV&B Services and D4 are companies that, through Nelson and Rollins, have common ownership and management with numerous other companies. Like several of Nelson’s and Rollins’ other businesses, JEV&B Services and D4 obtained first-draw PPP loans, which the SBA later forgave in full. JEV&B Services and D4 also obtained second-draw PPP loans. The United States alleged that JEV&B Services and D4 were not eligible for any second-draw PPP loans because they far exceeded the size limits that Congress placed on second-draw PPP loans. The United States further contended that JEV&B Services and D4 knowingly misled their lender to get the second-draw loans, including by under-reporting the total number of employees, not disclosing their affiliated companies to the lender, falsely certifying that they were eligible for the second-draw PPP funds, and certifying that the information on their applications was accurate when, in fact, it was not.

    JEV&B Services, D4, Nelson, and Rollins will pay $153,598.90 to redress these allegations, including paying the SBA for the processing fees that the lender incurred and that were reimbursed by the SBA. The companies have also agreed to repay the loans in full, relieving the SBA of liability to the lender for the federal guaranty of the improper loans.  

    The civil settlement includes the resolution of claims brought under the qui tam or whistleblower provisions of the False Claims Act by Ashwani Chawla. Under those provisions, private parties may initiate an action on behalf of the United States and receive a portion of any recovery. The lawsuit is captioned U.S. ex rel. Ashwani Chawla v. Agathos Support Service, Inc., et al., Civil No. LACV 22-2798 KK (JCx) (C.D. Cal.). Chawla will receive $11,519.92 in connection with this settlement.

    The resolution obtained in this matter was the result of a coordinated effort between the Justice Department’s Civil Division, Commercial Litigation Branch, Fraud Section and the SBA Office of the Inspector General, with assistance from the SBA’s Office of Capital Access.

    Trial Attorney Christopher Belen of the Justice Department’s Civil Division handled the matter.

    The claims resolved by the settlement are allegations only. There has been no determination of liability.

    MIL Security OSI –

  • MIL-OSI: LHV Group’s own share acquisition transactions

    Source: GlobeNewswire (MIL-OSI)

    AS LHV Group announces that on 13 May 2025, it has acquired the company’s own shares on the Nasdaq Tallinn Stock Exchange as follows:

    Date Aggregated volume Weighted average price per day (EUR)
    13.05.2025 19,627 3.565197

    LHV Group is acquiring its own shares based on the resolution of the company’s general meeting of shareholders held on 26 March 2025, and under the conditions decided by the Supervisory Board. The authorized agent for the transactions is AS LHV Pank. Summary data of the acquisitions will be disclosed no later than on the seventh trading day after the transaction and will be made available to the Financial Supervision and Resolution Authority, via the Nasdaq Tallinn system, and on LHV Group’s investor website.

    LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group’s key subsidiaries are LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited. The Group employs over 1,150 people. As at the end of April, LHV’s banking services are being used by 468,000 clients, the pension funds managed by LHV have 113,000 active clients, and LHV Kindlustus protects a total of 176,000 clients. LHV Bank Limited, a subsidiary of the Group, holds a banking licence in the United Kingdom and provides banking services to international financial technology companies, as well as loans to small and medium-sized enterprises.

    Priit Rum
    Communications Manager
    Phone: +372 502 0786
    Email: priit.rum@lhv.ee 

    The MIL Network –

  • MIL-OSI: HashFly Empowers Space and Time (SXT) Crypto Holders with Profitable Cloud Mining

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, May 16, 2025 (GLOBE NEWSWIRE) —

    As the digital asset ecosystem matures, Space and Time (SXT) token holders increasingly turn to innovative strategies to grow their portfolios, without liquidating their assets. In response to this evolving demand, HashFly, a global leader in secure and scalable cloud mining, is proud to introduce ded

    Let Your SXT Work Smarter — Not Harder

    SXT, the native utility token of Space and Time, a decentralised data warehouse enabling trustless data services for blockchain and AI-powered applications, continues to gain momentum as a critical infrastructure asset in the Web3 economy.

    As interest grows in holding SXT for the long haul, more users are seeking non-custodial, capital-efficient ways to generate passive income. Hicated mining opportunities for SXT holders.

    With passive income’s growing importance in the blockchain landscape, HashFly is positioning itself as the most trusted mining partner for long-term SXT investors seeking returns without trading exposure.ashFly’s cloud mining platform offers a seamless solution, enabling token holders to earn daily rewards without the complexity or risks of traditional mining.

    Maximize Passive Income Through Secure Cloud Mining

    HashFly offers an all-in-one platform for profitable and secure cloud mining, enabling users to earn daily rewards without the need for hardware, technical skills, or electricity costs. Whether you’re holding SXT or other cryptocurrencies, HashFly empowers you to:

    • Earn while you hold: Don’t let your crypto sit idle — turn it into a revenue-generating asset.
    • Mine top assets: Including Bitcoin, Ethereum, and fast-rising tokens like SXT.
    • Enjoy daily payouts: Withdraw earnings at your convenience, with full transparency.
    • Choose your plan: Flexible contracts designed for short-term gains or long-term growth.
    • Zero hassle: No hardware, no noise, no maintenance — just consistent returns.

    How to Earn Daily Passive Income with HashFly

    You can easily accumulate Bitcoin and other cryptocurrencies by following these simple steps:

    1. Sign Up: Register on the official HashFly website and receive a $10 bonus instantly.
    2. Choose a Contract: Select a mining contract that aligns with your investment goals.
    3. Start Earning: Begin receiving daily passive income with minimal effort.
    4. Flexible Withdrawal Options: Withdraw your earnings once you reach $200, or choose to reinvest and upgrade your contract for higher returns.
    5. Diverse Cryptocurrency Support: Mine and receive payouts in various cryptocurrencies, including BTC, ETH, DOGE, USDT, and more.

    HashFly Mining Plans: Maximize Your Earnings

    HashFly offers flexible mining plans tailored to different investment levels. Each plan provides daily returns and a guaranteed return on investment.

    Contract Price Duration Daily Interest Rate Daily Income Total Payout (Principal + Profit)
    $200 1 Day 4% $8 $200 + $8
    $600 2 Days 3% $18 $600 + $36
    $1,600 3 Days 3.1% $49.60 $1,600 + $148.80
    $4,600 1 Day 4.5% $207 $4,600 + $207
    $8,000 2 Days 4.7% $376 $8,000 + $752
    $16,000 3 Days 5% $800 $16,000 + $2,400
    $32,000 3 Days 6.5% $2,080 $32,000 + $6,240
    $50,000 3 Days 7.2% $3,600 $50,000 + $10,800

    HashFly: The Most Trusted Cloud Mining Platform Since 2013

    With over 1 million users worldwide, HashFly has built a reputation for integrity, performance, and transparency. The company operates secure, high-performance mining facilities backed by real-time monitoring, 24/7 support, and guaranteed uptime.

    SXT holders — whether you’re a long-term investor or exploring ways to boost your crypto earnings — can trust HashFly to deliver a seamless and secure mining experience.

    Join HashFly today and let your SXT holdings open the door to real, passive income.
     Start now at www.hashfly.com

    MEDIA CONTACT
    Name: Scott Joseph
    Email: info@hashfly.com
    Job Title: Director
    City/Country: New York, USA

    Attachment

    The MIL Network –

  • MIL-OSI Global: Assisted dying: five questions that need answering before it can work in practice

    Source: The Conversation – UK – By Suzanne Ost, Professor of Law, Lancaster University

    Collagery/Shutterstock

    An attempt to make assisted dying legal in England in Wales continues to make its way through parliament, with MPs currently scheduled to have a final vote on the bill in June.

    The bill has sparked both passionate support and strong opposition, raising vital questions: how would such a law work in practice? Who would deliver it? And what would it cost?

    While much attention has focused mostly on the ethics of assisted dying, the government’s recently published impact assessment looks at the practical side and it deserves closer attention.

    Of course, we shouldn’t base a decision about life and death solely on financial or logistical grounds. But if assisted dying is to become part of the law in England and Wales, we need to understand how it would work in reality. The report highlights a number of key challenges:

    1. The medication question

    The assessment draws mainly on data from 11 other jurisdictions, especially Oregon, where assisted dying has been legal for years. It found that the drugs used can lead to prolonged and unpredictable deaths, in part due to inconsistent drug availability.

    However, the report doesn’t compare this to Switzerland, where assisted dying must be self-administered and is tightly regulated. There, a single barbiturate is typically used, leading to death within two to ten minutes depending on whether it’s taken orally or via injection. This raises questions about what kind of medications would be used in the UK and how reliably they would work.

    2. Opt-outs: who will deliver the service?

    Experience from countries like Canada shows that most doctors opt out of providing assisted dying. In Canada, over 5,000 assisted deaths were carried out by just 80 people. Similarly, in the US and New Zealand, entire institutions – especially palliative care services – have opted out.

    Kim Leadbeater, the MP sponsoring the bill, has confirmed that it would not oblige hospices to participate. While this protects individual conscience, it may leave patients struggling to find willing clinicians or being discharged home to die.

    3. Can the NHS cope with a new service?

    The bill assumes the NHS would be responsible for delivering assisted dying. But is the system ready?

    Switzerland uses volunteer doctors outside the healthcare system, which may be more sustainable. In the UK, oversight is expected to come from a panel including a senior judge or lawyer, a psychiatrist and a social worker.

    However, the Royal College of Psychiatrists (RCP) has raised serious concerns, both about the role psychiatrists would play and whether there are enough professionals to fulfil that role. The RCP currently opposes the bill.

    4. Funding: a two-tier system?

    The impact assessment suggests assisted dying would be free at the point of delivery. Yet palliative care – the alternative end-of-life support – often receives less than 40% government funding, relying heavily on charity.

    Could this create a two-tier system, where assisted dying is fully funded while palliative care remains under resourced?

    5. Legal costs and challenges

    If passed, the bill could trigger human rights challenges, particularly around mental capacity and access. Legal experts suggest several grounds on which it might be contested and these cases would need to be defended, incurring additional costs.

    Families might also seek judicial review of a panel’s decision to permit a request for assisted dying. And public protests outside clinics or hospitals offering the service could require increased policing and security – all of which have financial and social implications.

    This bill tackles one of the most morally sensitive issues in society. But if it is to succeed, and be implemented safely, it must be built on more than good intentions.

    The government’s impact assessment lays out the many practical hurdles: medication protocols, workforce readiness, conscientious objection, legal protections, and funding disparities. These aren’t technicalities. They’re the framework that would determine whether assisted dying is accessible, safe and ethically delivered.

    As the bill progresses, the debate must move beyond principle alone. The future of this legislation – and its real world impact – will depend on how well we address these deeply human, and deeply complex, practicalities.

    Suzanne Ost has previously received funding from the Arts and Humanities Research Council and the British Academy for research that she has conducted.

    Nancy Preston receives funding from Horizon Europe but not for her work on assisted dying. She is affiliated with European Association of Palliative Care where she Co-Chairs the Task Force on the role of palliative care professionals in supporting patients and families considering assisted dying.

    – ref. Assisted dying: five questions that need answering before it can work in practice – https://theconversation.com/assisted-dying-five-questions-that-need-answering-before-it-can-work-in-practice-256270

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Birmingham set for government jobs boost to drive local growth and deliver for communities

    Source: City of Birmingham

    Published: Friday, 16th May 2025

    Birmingham has been named as one of 13 locations where more Civil Service jobs will be moved in a boost for the local economy.

    Under the shake up, government roles will be shifted outside of London to towns and cities in all four nations of the UK, delivering and developing policy closer to the communities it affects.

    The move is projected to bring £729 million worth of economic benefit to the 13 growth areas by 2030.

    Currently, 13,330 civil service roles are based in Birmingham. Over 34,000 full time equivalent roles are based in the wider West Midlands, with 14 major Government departments having a presence in the region.

    Councillor John Cotton, leader of Birmingham City Council, said:

    “This is a vote of confidence in Birmingham which will create jobs and help our young and talented population to build careers in the civil service.

    It is great to have a government that cares about all regions of the country, and we will work with the government to ensure that the apprenticeship pilot benefits people in every community of Birmingham.”

    Chancellor of the Duchy of Lancaster Pat McFadden, said:

    “To deliver our Plan for Change, we are taking more decision-making out of Whitehall and moving it closer to communities all across the UK.

    “By relocating thousands of Civil Service roles we will not only save taxpayers money, we will make this Government one that better reflects the country it serves. We will also be making sure that Government jobs support economic growth throughout the country.

    “As we radically reform the state, we are going to make it much easier for talented people everywhere to join the Civil Service and help us rebuild Britain.”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Life sciences consultancy picks Birmingham for new Research Centre of Excellence

    Source: City of Birmingham

    Life sciences consultancy Cambridge Healthcare Research has chosen Birmingham as the location for its new Research Centre of Excellence, where it plans to create up to 40 research analyst roles.

    • Life sciences consultancy Cambridge Healthcare Research picks Birmingham as the location for its new Research Centre of Excellence, where it plans to create up to 40 research analyst roles by the end of 2025.
    • New facility at The Lewis Building in Birmingham’s city centre officially opened by Councillor John Cotton, Leader of Birmingham City Council.
    • Investment reinforces region’s rise as a dynamic investment alternative to traditional life sciences ‘golden triangle’ of London, Oxford and Cambridge.

    The new facility at The Lewis Building in Birmingham’s City Centre was officially opened by Councillor John Cotton, Leader of Birmingham City Council.

    Cambridge Healthcare Research’s new Research Centre of Excellence will focus on delivering strategic research projects for a range of UK and international clients operating within the life sciences sector. The facility represents the consultancy’s first office outside of Cambridge and London, reinforcing the West Midlands’ growing reputation as a diverse and dynamic life sciences investment hub. The region’s thriving life sciences sector incorporates a diverse, static population of 4.7 million, four medical schools and the West Midlands Health Tech Innovation Accelerator [WMTHIA], which recently received £4 million additional funding for 2025/26.

    The region will seek to capitalise on the growth potential of its life sciences cluster through its flagship Investment Zone. In particular, the 210-hectare Birmingham Knowledge Quarter [B-KQ] will build on the region’s globally recognised strengths in diagnostics, digital and data-driven healthcare, providing a centre of excellence for advanced manufacturing aligned to health and life sciences.

    Matteo Perucchini, CEO at Cambridge Healthcare Research, said:

    “Combining a deep STEM talent pool, unrivalled connectivity and affordable office space, Birmingham ticked all our boxes when it came to selecting a location for our first office outside of the traditional life sciences ‘golden triangle’.

    “We’re looking forward to contributing to the rise of the West Midlands’ life sciences ecosystem while delivering exceptional research projects for our clients from our new Birmingham base.”

    The West Midlands Growth Company [WMGC] – the region’s official investment promotion agency – supported the investment.

    Councillor John Cotton, Leader of Birmingham City Council, said:

    “From companies advancing pioneering drug development to manufacturers of next-generation medical devices, Birmingham has established a reputation as an attractive destination for life sciences focused occupiers.

    “As the region’s vision for Birmingham Knowledge Quarter gathers pace, its offer to healthcare innovators will strengthen even further, with companies like Cambridge Healthcare Research exemplifying the innovation taking place here.

    “It’s brilliant to be welcoming another new and enterprising company to our city, which will help boost the economy and create jobs for local people.”

    MIL OSI United Kingdom –

  • MIL-OSI USA: Two California Businesses and Their Owners Resolve Allegations They Misrepresented Businesses’ Size to Obtain Paycheck Protection Program Loans

    Source: US State of Vermont

    JEV&B Services LLC and D4 Inc., two entities with their principal places of business in California, and their owners — William Nelson and Vicki Rollins — have agreed to pay $153,598.90 to resolve allegations that they violated the False Claims Act by submitting false statements and certifications to obtain Paycheck Protection Program (PPP) loans for which the entities were not eligible.

    The PPP, an emergency loan program established by Congress in March 2020 under the Coronavirus Aid, Relief, and Economic Security (CARES) Act and administered by the Small Business Administration (SBA), was intended to support small businesses struggling to pay employees and other businesses during the COVID-19 pandemic. Under the PPP, eligible businesses could receive forgivable loans guaranteed by the SBA. In addition to the SBA’s guarantee, the PPP protected and supported financial institutions by reimbursing the lender’s costs of processing PPP applications. Regulations and legislation passed by Congress set various eligibility requirements for the PPP, including limitations on the size of eligible businesses, so that the limited PPP funds would reach small businesses. In 2021, when Congress authorized a second round of PPP loans, it imposed even stricter size limits. The second-draw PPP loans were limited to businesses with 300 employees or less, including the employees of the applicant’s affiliated businesses.

    On their PPP loan applications, borrowers were required to disclose their affiliated companies and to state the combined number of employees. Borrowers also certified that they were eligible for the PPP loan and that the information provided was accurate.

    The United States alleged that JEV&B Services and D4 are companies that, through Nelson and Rollins, have common ownership and management with numerous other companies. Like several of Nelson’s and Rollins’ other businesses, JEV&B Services and D4 obtained first-draw PPP loans, which the SBA later forgave in full. JEV&B Services and D4 also obtained second-draw PPP loans. The United States alleged that JEV&B Services and D4 were not eligible for any second-draw PPP loans because they far exceeded the size limits that Congress placed on second-draw PPP loans. The United States further contended that JEV&B Services and D4 knowingly misled their lender to get the second-draw loans, including by under-reporting the total number of employees, not disclosing their affiliated companies to the lender, falsely certifying that they were eligible for the second-draw PPP funds, and certifying that the information on their applications was accurate when, in fact, it was not.

    JEV&B Services, D4, Nelson, and Rollins will pay $153,598.90 to redress these allegations, including paying the SBA for the processing fees that the lender incurred and that were reimbursed by the SBA. The companies have also agreed to repay the loans in full, relieving the SBA of liability to the lender for the federal guaranty of the improper loans.  

    The civil settlement includes the resolution of claims brought under the qui tam or whistleblower provisions of the False Claims Act by Ashwani Chawla. Under those provisions, private parties may initiate an action on behalf of the United States and receive a portion of any recovery. The lawsuit is captioned U.S. ex rel. Ashwani Chawla v. Agathos Support Service, Inc., et al., Civil No. LACV 22-2798 KK (JCx) (C.D. Cal.). Chawla will receive $11,519.92 in connection with this settlement.

    The resolution obtained in this matter was the result of a coordinated effort between the Justice Department’s Civil Division, Commercial Litigation Branch, Fraud Section and the SBA Office of the Inspector General, with assistance from the SBA’s Office of Capital Access.

    Trial Attorney Christopher Belen of the Justice Department’s Civil Division handled the matter.

    The claims resolved by the settlement are allegations only. There has been no determination of liability.

    MIL OSI USA News –

  • MIL-OSI USA: Fact Sheet: President Donald J. Trump Secures $200 Billion in New U.S.-UAE Deals and Accelerates Previously Committed $1.4 Trillion UAE Investment

    US Senate News:

    Source: The White House
    BUILDING LASTING PROSPERITY FOR AMERICA AND OUR ALLIES: Today in Abu Dhabi, President Donald J. Trump announced over $200 billion in commercial deals between the United States and the United Arab Emirates—bringing the total of investment agreements in the Gulf region to over $2 trillion.
    President Trump continues to advance the interests of the American people, enhancing market access for American exporters to strengthen our economic and national security.
    These deals will significantly expand investment in the United States and U.S. market access in the United Arab Emirates.
    The following represent just a few of the many transformative deals secured in the United Arab Emirates:
    Boeing and GE Aerospace secured a $14.5 billion commitment from Etihad Airways to invest in 28 American-made Boeing 787 and 777X aircraft powered by GE engines. With the inclusion of the next-generation 777X in its fleet plan, the investment deepens the longstanding commercial aviation partnership between the UAE and the United States, fueling American manufacturing, driving exports, and supporting 60,000 U.S. jobs.
    In Oklahoma, Emirates Global Aluminum will invest to develop a $4 billion primary aluminum smelter project, one of the first new aluminum smelters in America in 45 years, that will create a thousand jobs in America, strengthen critical mineral supply chains, and double current U.S. production capacity.
    In line with President Trump’s executive order to unleash American energy leadership worldwide, ExxonMobil, Occidental Petroleum, and EOG Resources are partnering with the Abu Dhabi National Oil Company (ADNOC) for expanded oil and natural gas production valued at $60 billion that will help lower energy costs and create hundreds of skilled jobs in both countries.
    RTX is partnering with Emirates Global Aluminum and the UAE’s Tawazun Council on a pioneering Gallium project that will help secure and stabilize the United States’ critical mineral supply chain. By diversifying sources of this essential input for semiconductors and defense technologies, the partnership strengthens America’s supply security, supports high-tech manufacturing, and creates jobs across the U.S. critical minerals and defense industrial base.
    Qualcomm is expanding its global innovation footprint through partnerships with ADIO and e&.  A new Global Engineering Center in Abu Dhabi will focus on AI, data centers, and industrial IoT – advancing the UAE’s digital transformation while supporting U.S. research, engineering jobs and demand for American technologies.  Meanwhile, the collaboration with e& accelerates the deployment of advanced connectivity, edge AI, and cloud computing solutions.  Together, these efforts strengthen Qualcomm’s leadership in critical technologies, fuel U.S high-tech job creation, and bolster America’s economic and national security. 
    Amazon Web Services, e&, and the UAE Cybersecurity Council have launched a Sovereign Cloud Launchpad to accelerate public cloud services adoption in the UAE.  The initiative is expected to contribute $181 billion to the UAE’s digital economy by 2033 and includes a new UAE cybersecurity technology Innovation center. This collaboration expands demand for U.S.–developed cloud infrastructure and cybersecurity technologies, supporting high-skilled jobs in the United States and reinforcing U.S. leadership in secure digital innovation globally.

    These deals lay the foundation for investment, innovation and good-paying U.S. jobs, including in frontier technologies, aerospace, energy, and critical minerals.
    Today’s deals strengthen the U.S.-UAE investment and trade relationship and build on the UAE’s landmark commitment to a 10-year, $1.4 trillion investment framework that will contribute to the U.S. boom in AI infrastructure, semiconductors, energy, quantum computing, biotechnology, and manufacturing. 
    The U.S. and UAE signed an AI agreement today that supports the $1.4 trillion investment commitment secured in March. This includes the UAE committing to invest in, build, or finance U.S. data centers that are at least as large and as powerful as those in the UAE. The agreement also contains historic commitments by the UAE to further align their national security regulations with the United States, including strong protections to prevent the diversion of U.S.-origin technology.
    The U.S.-UAE AI agreement strengthens bilateral investment partnerships, ensuring U.S. security interests and dominance in AI while extending the American tech stack to an important strategic partner. 

    ACCELERATING TRADE AND INVESTMENT IN STRATEGIC PARTNERSHIP:  The strategic partnership between the United States and the United Arab Emirates has spanned decades and supported the prosperity and security of Americans and Emiratis. This partnership encompasses strategic cooperation in defense, trade, energy, space and diplomacy, reflecting shared interests and mutual respect.
    This partnership is particularly significant thanks to the historic achievement of the Abraham Accords announced during President Trump’s first term.
    The UAE stands as a significant commercial partner for the United States in the Middle East.  Bilateral trade and investment have flourished, with the UAE serving as a hub for American businesses seeking opportunities in the region.
    The UAE had $35 billion in foreign direct investments in the United States, supporting over 33,000 American jobs in 2023.
    U.S. total goods trade with the UAE was an estimated $34.4 billion in 2024, with a U.S. trade surplus of $19.5 billion, the third largest in the world.

    President Trump’s historic visit to the United Arab Emirates is another opportunity to welcome new partnerships in frontier technologies, health and life sciences, mobility, entertainment, and many other fields.
    NEVER TIRED OF WINNING: President Trump keeps scoring great deals for the American people, securing over $2 trillion in investment agreements with Middle Eastern nations for a more safe and prosperous future.
    The $200 billion UAE deals build on the $600 billion in Saudi Arabia and $1.2 trillion in Qatar the President secured on behalf of the American people.
    This comes days after President Trump announced the U.S.-UK trade agreement and a joint agreement with China in pursuit of more fair, reciprocal trade that grows good-paying jobs and prosperity in America.
    While it took President Biden nearly four years to secure $1 trillion in investments, President Trump achieved this in his first month, with additional investment commitments continuing to roll in.
    President Trump is accelerating investment in America and securing fair trade deals around the world, paving the way for a new Golden Age of lasting prosperity for generations to come.

    MIL OSI USA News –

  • MIL-OSI Russia: China’s digital industry revenue up 9.4% in Q1

    Translation. Region: Russian Federal

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

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

    BEIJING, May 16 (Xinhua) — China’s digital industry posted revenue of 8.5 trillion yuan (about 1.18 trillion U.S. dollars) in the first quarter of this year, up 9.4 percent from a year earlier.

    The growth rate of the indicator is 4.4 percentage points higher than for the same period last year, according to data released on Friday by the Ministry of Industry and Information Technology of the People’s Republic of China.

    In particular, revenue from digital technologies in the manufacturing industry grew by 10.4 percent, and in the services sector by 8.2 percent.

    By the end of March, the number of 5G base stations in China exceeded 4.39 million units, and the country’s 5G subscriber penetration rate reached 75.9 percent, the ministry said in April.

    Key sectors of the digital economy are stable. Revenue in the software industry increased by 10.6 percent year-on-year to 3.1 trillion yuan.

    China has set a goal of using digital technology to transform and upgrade its traditional industries and is now accelerating the implementation of its “AI Plus” action plan. -0-

    MIL OSI Russia News –

  • MIL-OSI China: China enhances legal protection for seniors

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

    BEIJING, May 16 — China has introduced an array of new measures to strengthen legal services and protections for senior citizens, according to a guideline jointly released by seven government bodies, including the Ministry of Civil Affairs and the Supreme People’s Court.

    As China’s population ages, with over 310 million people aged 60 and above, the move aims to address disputes and risks affecting the elderly while promoting an elderly-friendly social environment.

    One of the key elements of the document is the enhancement of litigation services for seniors. Courts are encouraged to improve barrier-free facilities and offer tailored services such as online litigation service, and home-based case filing.

    The guideline also calls for harsher penalties for crimes targeting the elderly, including fraud, theft and extortion, as well as infringement on the property rights of the elderly under the disguise of elderly care. It also places emphasis on early risk prevention in areas like inheritance disputes, elder care consumption, financial management, and health-related products.

    To better protect vulnerable groups, the guideline proposes eliminating income-based restrictions for elderly individuals seeking legal aid in cases of abuse, neglect, or domestic violence.

    Furthermore, it extends the umbrella of legal aid to cover eligible elderly individuals, such as those who are of advanced age, living in solitude, incapacitated, and intellectually disabled.

    MIL OSI China News –

  • MIL-OSI United Kingdom: ODS demonstrates significant economic and social impact

    Source: City of Oxford

    Friday, 16 May 2025

    ODS, the City Council wholly owned provider of essential and commercial services in Oxford and Oxfordshire, has released its 2023/24 Economic Impact Assessment.

    It reveals a total contribution of £65.6 million Gross Value Added (GVA) to the local economy and the support of over 1,150 jobs. 

    Established in 2018, the organisation provides a wide range of statutory and commercial services, including waste management, property maintenance, highways and fleet services. 

    The report, commissioned from SQW, details ODS’s economic, environmental, and social contributions to Oxford and the wider region. SQW are experts in public policy and work with clients to research, implement and evaluate social and economic development. For more details please visit their website. 

    Key findings include: 

    • employment and economic output: In 2023/24, ODS employed 560 people, generating £35.1m in direct GVA. The company’s operations supported a total of 1,154 jobs, including 728 in Oxford 

    Social value and community engagement 

    ODS embeds social impact through a clear commitment to inclusivity, workforce development, and local partnerships. Highlights include: 

    • community partnerships with local schools, charities, and rehabilitation programmes, including employment support for individuals with convictions. 

    Environmental leadership 

    As a holder of ISO 14001 and PAS2030 certifications, ODS is accelerating Oxford’s low-carbon future. Key initiatives include: 

    • maintenance of 900 acres of green spaces, and community education on sustainability through schemes like Podback, which collects and recycles Oxford residents’ coffee pods as part of their kerbside recycling and waste collections, and the Waste Education Programme. 

    Comment 

    “ODS is more than a service provider – it’s an engine for inclusive, sustainable growth in Oxford. This report shows how ODS is delivering economic value while putting social and environmental purpose at the heart of what it does.” 

    “ODS”s sustainability work is essential to support the ambition to make Oxford a greener city. Of course there is more to do. ODS’ Carbon Management Plan charts a path to net zero for the company through investment in clean energy, building decarbonisation, and cultural change.” 
    Councillor Nigel Chapman, Cabinet Member for Citizen Focused Services and Council Companies 

    “It’s great to see the excellent contribution ODS makes across a range of measures in Oxford and beyond as set out in this report by SQW. Our strap line is ODS – Doing Good – and we mean it.” 
    Simon Howick, Managing Director, ODS 

    To read the full report visit the ODS website. 

    About ODS 

    ODS is comprised of ODS Limited (ODSL) and ODS Trading Limited (ODSTL). ODSL delivers statutory services and maintains Oxford City Council’s housing stock. ODSTL offers commercial services to businesses and organisations across the Thames Valley. Together, ODS is a vital contributor to Oxford’s economic resilience, environmental goals, and inclusive community ambitions. 

    MIL OSI United Kingdom –