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Category: Economy

  • MIL-OSI: CPS Announces $419.95 Million Senior Subordinate Asset-Backed Securitization

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, Nevada, May 12, 2025 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) announced the closing of its second term securitization in 2025 on Monday May 12, 2025. The transaction is CPS’s 55th senior subordinate securitization since the beginning of 2011 and the 38th consecutive securitization to receive a triple “A” rating from at least two rating agencies on the senior class of notes.

    In the transaction, qualified institutional buyers purchased $419.95 million of asset-backed notes secured by $439.29 million in automobile receivables originated by CPS. The sold notes, issued by CPS Auto Receivables Trust 2025-B, consist of five classes. Ratings of the notes were provided by Standard & Poor’s and DBRS Morningstar, and were based on the structure of the transaction, the historical performance of similar receivables and CPS’s experience as a servicer.

    Note Class Amount
    (in millions)
    Interest Rate Average
    Life (years)
    Price S&P’s
    Rating
    DBRS
    Rating
    A $ 191.520 4.74% 0.65 99.99620% AAA AAA
    B $ 58.430 4.79% 1.75 99.99344% AA AA
    C $ 70.280 5.12% 2.43 99.97744% A A
    D $ 40.640 5.56% 3.23 99.97917% BBB BBB
    E $ 59.080 7.95% 3.98 99.99266% NR BB
                 

    The weighted average coupon on the notes is approximately 5.96%.

    The 2025-B transaction has initial credit enhancement consisting of a cash deposit equal to 1.00% of the original receivable pool balance and overcollateralization of 4.40%. The transaction agreements require accelerated payment of principal on the notes to reach overcollateralization of the lesser of 8.65% of the original receivable pool balance, or 22.00% of the then outstanding pool balance.

    The transaction was a private offering of securities, not registered under the Securities Act of 1933, or any state securities law. All such securities having been sold, this announcement of their sale appears as a matter of record only.

    About Consumer Portfolio Services, Inc.

    Consumer Portfolio Services, Inc. is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems or limited credit histories. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. We fund these contract purchases on a long-term basis primarily through the securitization markets and service the contracts over their lives.

    Investor Relations Contact

    Danny Bharwani, Chief Financial Officer
    949-753-6811

    The MIL Network –

    May 13, 2025
  • MIL-OSI: Oportun Named a Bay Area Top Workplace for 2025

    Source: GlobeNewswire (MIL-OSI)

    SAN CARLOS, Calif., May 12, 2025 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced that it has been named a Top Workplace for 2025 by San Francisco Bay Area Top Workplaces. Oportun has been named a top place by the San Francisco Chronicle for seven years and by regional or national publications in each of the last ten years.

    “Being recognized as a top workplace for ten years running is a testament to the people, culture and mission here at Oportun,” said Raul Vazquez, CEO of Oportun. “We remain deeply committed to fostering an environment that challenges, supports and rewards team members so they can excel and thrive in their pursuit of making financial health effortless for anyone.”

    The Bay Area Top Workplaces list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The confidential survey uniquely measures the employee experience and its component themes, including employees feeling respected & supported, enabled to grow, and empowered to execute, to name a few.

    For more information about Oportun, visit https://oportun.com.

    About Oportun
    Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members’ financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $20.3 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually. For more information, visit Oportun.com.

    The MIL Network –

    May 13, 2025
  • MIL-OSI: DRML Miner introduces an inventive investment approach, aiming to go beyond typical cloud mining platforms.

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, May 12, 2025 (GLOBE NEWSWIRE) — AI-Driven Digital Currency Generation Hub. Distinguishing Between Cryptocurrency Allocation and Remote Mining. Unlike virtual mining, which carries considerable entry barriers, restricted access, and management charges that lessen earnings, DRML Miner‘s digital currency deployment tactic permits participants to engage at any point without concealed costs, delivering a more user-friendly and lucrative substitute.

    In today’s rapidly transforming fiscal sphere, distributed ledger technology offers an entirely novel perspective on capital oversight. With profound industry understanding, DRML Mining has crafted these tactics to supply high-yield asset growth resolutions and assist clientele in achieving sustainable progress across varied market conditions.

    DRML Miner Distributed Ledger Prosperity Strategy: Low-Exposure Arbitrage

    Approach: Concentrating on leading digital currencies like BTC, ETH, and USDT, this methodology employs grid-based trading and market-neutral tactics to assure consistent earnings, rendering it an excellent choice for new allocators or those seeking steady asset appreciation.

    Market-Neutral Approach: This tactic harnesses intelligent computational systems to safeguard against market oscillations, pinpoint long-term patterns in cryptocurrency valuations, and secure persistent gains regardless of market instability. This approach incorporates moderate leverage and varied asset distribution to bolster resilience.

    Cross-chain arbitrage: This tactic leverages price differentials between disparate distributed ledgers to execute minimal-risk spread transactions via swift market assessment, rapid implementation, and cross-network technology.

    Stable-Pegged Coin Income Tactic: Aims to generate revenue through stable-value coin interest rates and market fluidity. This avenue harnesses DeFi platforms and yield aggregators to maximize returns.

    High-Velocity Trading (HVT) Tactic: Employs sophisticated algorithms to perform a substantial volume of transactions, capture minute market movements in real-time, and realize rapid and efficient profits.

    Future Outlook of Distributed Ledger Investment

    DRML Mining CEO stated: “DRML Mining believes that distributed ledger technology will reshape the global financial sector and furnish unprecedented investment opportunities. We are dedicated to equipping customers with the most efficacious wealth management resolutions so they can maintain a leading position in this constantly evolving marketplace.”

    Join DRML Miner and unlock the autonomy of future wealth management.

    The tactics detailed above represent just a segment of DRML Mining’s pioneering products. Currently, a range of wealth-building approaches are obtainable for investment. Interested allocators are invited to explore DRML’s web portal to investigate the potential for distributed ledger asset expansion. Exclusive onboarding advantages include:

    • Register to instantly obtain a $10 welcome bonus.
    • Daily sign-in agreement reward of $0.6.
    • Once the DRML Miner account balance reaches $100 (digital wallet connection required), funds can be readily withdrawn.
    • No hidden charges or transaction levies.
    • Round-the-clock online assistance to furnish clients with enhanced support services.

    About DRML Miner: Founded in 2018 and headquartered in London, DRML Miner focuses on premium capital management and distributed ledger investment. We are committed to delivering state-of-the-art investment resolutions and collaborating with prominent global financial institutions and technology innovators to propel continuous advancement in the investment domain. If you want to learn more about DRML Miner, please visit its official website: https://drmlminer.com or acquire our mobile application from Google Play or the Apple Store.

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

    May 13, 2025
  • MIL-OSI Global: UK’s India trade deal offers wider access to a surging economy – and could make food imports cheaper

    Source: The Conversation – UK – By Sangeeta Khorana, Professor of International Trade Policy, Aston University

    India’s economy is growing rapidly. Radiokafka/Shutterstock

    After more than three years and 14 rounds of negotiations, the UK and India have finally announced a free trade agreement (FTA). UK Prime Minister Keir Starmer will formally sign the deal on a visit to India later this year. This is the biggest and most economically significant bilateral trade deal the UK has struck since leaving the EU. It will have implications for both businesses and workers.

    In 2024, the UK’s trade with India was worth £43 billion – £17.1 billion of exports and £25.5 billion of imports. Government modelling estimates that trade between the nations will increase by as much as 39% and the UK’s GDP will expand by £4.8 billion or 0.1 percentage points per year as a result.

    India’s economy is growing fast. It is expected to expand by 6% annually, becoming the world’s third largest economy by 2028 after the US and China. This certainly makes the deal with the UK very timely.

    With a population of more than 1.4 billion and a growing middle class, the country offers huge market potential. Its import demand is predicted to grow by 144% between 2021 and 2035. This combination of strong economic growth and increasing numbers of citizens with disposable cash makes a compelling case for the deal.


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    Both the UK and India have agreed to reduce tariffs under the deal. India will immediately lower its 150% tariffs on Scotch whisky and gin to 75%, and then to 40% within ten years. Tariffs on foodstuffs such as lamb, salmon and cheeses will fall from around 30% to zero.

    Simplified trade rules, including faster customs processing, reduced barriers such as complex labelling requirements, and enhanced support for small businesses should bring gains for companies. Timely customs clearance will support exports of perishable items like Scottish salmon, where delays reduce the product’s shelf life. Similarly, exporters of things like biscuits and cheese will benefit from streamlined paperwork and be able to compete in India’s growing market.

    There will no longer be limits on the number of UK businesses allowed to provide telecommunications, environmental and construction services. And UK businesses will not need to set up a company in India or be a resident in India to supply their services in these sectors.

    Once the FTA comes into force, which could take up to a year, the UK will allow 99% of Indian imports duty-free access into the UK. The sectors set to benefit most are footwear, textiles and clothing, as well as processed prawns, basmati rice and ready meals. These reductions will mean lower prices for UK consumers, given tariffs on clothing and footwear are 12% and 16% respectively.

    Clothing and textile imports to the UK will have tariff-free access.
    Yevhen Prozhyrko/Shutterstock

    Tariffs on luxury cars will also be reduced from more than 100% to 10% under quotas on both sides. The FTA locks in zero tariffs on industrial machinery, advanced materials for use in hi-tech industries, and components for electric vehicles. This will position British suppliers inside a manufacturing market ranked the world’s second-most attractive after China.

    In terms of workers, there were well publicised fears that the agreement might lead to UK workers being undercut by Indian counterparts. Plans for a so-called “double contribution convention” grants a three-year exemption from national insurance contributions for Indian employees temporarily working in the UK. But this is a reciprocal deal and is likely to apply only to workers who are seconded from one country to the other, so should not result in UK workers being more expensive to hire.

    And although no changes to immigration policy are planned, the FTA will offer easier movement for skilled workers. UK providers of services like construction and telecoms will have access to India’s growing market.

    Both countries have committed to encouraging the recognition of professional qualifications. A professional services working group for UK and Indian government officials will provide a forum to monitor and support this initiative.

    Timing is everything

    Against a backdrop of rising protectionism and geopolitical tensions, the UK-India FTA stands out as a strategic deal. It is also a significant milestone in Britain’s Indo-Pacific “tilt”. This approach gives UK firms a hedge against over-reliance on any single region or country-centric supply chains, to keep trade flowing in the event of more US tariff shocks, for example.

    With the US fixation on tariffs, and global supply chains facing continued disruption, securing preferential access to the world’s fastest-growing major economy is a strategic win for the UK. From India’s perspective, the trade deal is aligned with its rise as a “China-plus-one” manufacturing hub (where businesses diversify to ensure they do not invest only in China).

    The UK and India share historical ties that are underpinned by cultural, educational and people-to-people links. The UK-India FTA marks a new phase in this relationship, where shared economic interests define a forward-looking partnership between the two countries.

    And in terms of its ongoing talks with the EU, India could use the agreement to showcase its willingness to negotiate ambitious trade deals. For the UK, given its own upcoming trade and cooperation talks with the EU, the FTA with India demonstrates that new partnerships can be built while maintaining vital European ties.

    Sangeeta Khorana has received funding from UK-ESRC, EU and other international organisations. She is affiliated with Chartered Institute of Export and International Trade as a Trustee Director.

    – ref. UK’s India trade deal offers wider access to a surging economy – and could make food imports cheaper – https://theconversation.com/uks-india-trade-deal-offers-wider-access-to-a-surging-economy-and-could-make-food-imports-cheaper-256387

    MIL OSI – Global Reports –

    May 13, 2025
  • MIL-OSI Global: From Zoo Quest to Ocean: The evolution of David Attenborough’s voice for the planet

    Source: The Conversation – UK – By Neil J. Gostling, Associate Professor in Evolution and Palaeobiology, University of Southampton

    Over the course of seven decades, Sir David Attenborough’s documentaries have reshaped how we see the natural world, shifting from colonial-era collecting trips to urgent calls for environmental action.

    His storytelling has inspired generations, but has only recently begun to confront the scale of the ecological crisis. To understand how far nature broadcasting has come, it helps to return to where it started.

    When Attenborough’s broadcasting career began in the 1950s, Austrian filmmakers Hans and Lotte Hass were already pushing the boundaries of what was possible by taking cameras below the sea and touring the world aboard their schooner, the Xafira.

    In one of their 1953 Galapagos films, a crewman handled a sealion pup, having crawled across the volcanic rock of Fernandina honking at sealions to attract them. A penguin and giant tortoise were brought on board Xafira. And as Lotte Hass took photographs, she’d beseech some poor creature to “not be frightened” and “look pleasant”.

    This is a world away from today’s expectations, where both research scientists and amateur naturalists are taught to observe without touching or disturbing wildlife. When the Hasses visited the Galápagos, it was still five years before the creation of the national park and the founding of the island’s conservation organisation Charles Darwin Foundation. Now, visitors must stay at least two metres from all animals – and never approach them.


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


    At the same time, television was beginning to shape public perceptions of the natural world. In 1954, Attenborough was working as a young producer on Zoo Quest. By chance, he became its presenter when zoologist Jack Lester became ill.

    The programme followed zoologists collecting animals from around the world for London Zoo. Zoo Quest was filmed in exotic locations around the world and then in the studio where the animals found on the expedition were shown “up close”.

    Attenborough has since acknowledged that Zoo Quest reflected attitudes that would not be acceptable today. The series showed animals being captured from the wild and transported to London Zoo – practices which mirrored extractive, colonial-era approaches to science.

    David Attenborough’s Zoo Quest for a Dragon aired in 1956.

    Yet, Zoo Quest was also groundbreaking. The series brought viewers face-to-face with animals they might never have seen before and pioneered a visual style that made natural history television both entertaining and educational. It helped establish Attenborough’s reputation as a compelling communicator and laid the foundations for a new genre of science broadcasting – one that has evolved, like its presenter, over time.

    After a decade in production, Attenborough returned to presenting with Life on Earth (1979), a landmark series that traced the evolution of life from single-celled organisms to birds and apes. Drawing on his long-standing interest in fossils, the series combined zoology, palaeobiology and natural history to create an ambitious new template for science broadcasting.

    Life on Earth helped cement Attenborough’s reputation as a trusted communicator and became the foundation of the BBC’s “blue-chip” natural history format – big-budget, internationally produced films that put high-quality cinematic wildlife footage at the forefront of the story. The series did not simply document the natural world. It reframed it, using presenter-led storytelling and global spectacle to shape how audiences understood evolutionary processes.

    For much of his career, Attenborough has been celebrated for showcasing the beauty of the natural world. Yet, he has also faced criticism for sidestepping the environmental crises threatening it. Commentators such as the environmental journalist George Monbiot argued that his earlier documentaries, while visually stunning, often avoided addressing the human role in climate change, presenting nature as untouched and avoiding difficult truths about ecological decline.

    Building on the legacy of Life on Earth, Attenborough’s later series began to respond to these critiques. Blue Planet (2001) expanded the scope of nature storytelling, revealing the mysteries of the ocean’s most remote and uncharted ecosystems. Its 2017 sequel, Blue Planet II, introduced a more urgent tone, highlighting the scale of plastic pollution and the need for marine conservation.

    Although Blue Planet II significantly increased viewers’ environmental knowledge, it did not lead to measurable changes in plastic consumption behaviour – a reminder that awareness alone does not guarantee action. The subsequent Wild Isles (2023) continued the shift towards conservation messaging. While the main series aired in five parts, a sixth episode – Saving Our Wild Isles – was released separately and drew controversy amid claims the BBC had sidelined it for being too political. In reality, the episode delivered a clear call to action.

    Attenborough’s latest film, Ocean, continues in this more urgent register, pairing breathtaking imagery with an unflinching assessment of ocean health. After decades of gentle narration, he now speaks with sharpened clarity about the scale of the crisis and the need to act.

    A voice for action

    In recent years, Attenborough has taken on a new role – not just as a broadcaster, but as a powerful voice in environmental diplomacy. He has addressed world leaders at major summits such as the UN climate conference Cop24 and the World Economic Forum, calling for urgent action on climate change. He was also appointed ambassador for the UK government’s review on the economics of biodiversity.

    On the subject of environmemtal diplomacy, Monbiot recently wrote: “A few years ago, I was sharply critical of Sir David for downplaying the environmental crisis on his TV programmes. Most people would have reacted badly but remarkably, at 92, he took this and similar critiques on board and radically changed his approach.”

    Attenborough not only speaks. He listens. This is part of his charm and popularity. He is learning and evolving as much as his audience.

    What makes Attenborough stand out is the way he speaks. While official climate treaties often rely on technical or legal language, he communicates in emotional, accessible terms – speaking plainly about responsibility, urgency and the moral imperative to protect life on Earth. His calm authority and familiar voice make complex issues easier to grasp and harder to dismiss.

    Frequently named Britain’s most trusted public figure, Attenborough has become something of an unofficial diplomat for the planet – apolitical, measured, and often seen as a voice of reason amid populist noise. Despite his criticisms, Attenborough’s documentaries walk a careful line between fragility and resilience, using emotionally ambivalent imagery to prompt reflection. He shares his wonder with the natural world and brings people along with him

    Ocean shows our blue planet in more spectacular fashion than Lotte and Hans Hass could ever have imagined. But it is also Attenborough’s most direct reckoning with environmental collapse. With clarity and urgency, it confronts the damage wrought by industrial trawling and habitat destruction.

    After 70 years of gently guiding viewers through the natural world, Attenborough’s voice has sharpened. If he once opened our eyes to nature’s wonders, he now challenges us not to look away. As he puts it: “If we save the sea, we save our world. After a lifetime filming our planet, I’m sure that nothing is more important.”


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

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


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

    – ref. From Zoo Quest to Ocean: The evolution of David Attenborough’s voice for the planet – https://theconversation.com/from-zoo-quest-to-ocean-the-evolution-of-david-attenboroughs-voice-for-the-planet-251727

    MIL OSI – Global Reports –

    May 13, 2025
  • MIL-OSI United Kingdom: Immigration White Paper oral statement

    Source: United Kingdom – Executive Government & Departments

    Oral statement to Parliament

    Immigration White Paper oral statement

    The Home Secretary giving an oral statement to the House of Commons on 12th May to introduce the ‘Restoring Control over the Immigration System’ White Paper.

    Madam Deputy Speaker, with your permission, I will make a statement on the government’s White Paper on Restoring Control over the Immigration System.

    Five months ago, the figures were published that showed net migration had reached a record high of more than 900,000 under the last Conservative government – a figure that had quadrupled in the space of just four years.

    It was the consequence of specific government choices made from 2020 onwards, including introducing what was effectively a free market experiment on immigration – encouraging employers to recruit from abroad, loosening controls in different areas but without any requirement to tackle skills and labour shortages here at home. Choices which undermined the immigration system and the economy too.

    This government is making very different choices. We made clear at that time, just as we had set out in our manifesto, this government would restore order and control to the immigration system, bringing net migration substantially down but also boosting skills and training here at home.

    The White Paper we are publishing today does exactly that and it is built on five core principles.

    First, that net migration must come down so the system is properly managed and controlled.

    Second, that the immigration system must be linked to skills and training here in the UK, so that no industry is allowed to rely solely on immigration to fill its skills shortages. 

    Third, that the system must be fair and effective, with clearer rules in areas like respect for family life, to prevent perverse outcomes that undermine public confidence.

    Fourth, that the rules must be respected and enforced – including tackling illegal and irregular migration and deporting foreign criminals.

    And finally, that the system must support integration and community cohesion, including new rules on the ability to speak English and the contribution that people can bring to the UK.

    The United Kingdom is an interconnected and outward-looking nation. Our history and our geography mean that, for generations, British people have travelled overseas to live and work, and people have come to the UK to study, work, invest or seek refuge. And British citizens draw on heritage from all over the world and that has made us the country we are today.

    Through many years our country has been strengthened by those who have come here to contribute – from the doctors in our NHS to the entrepreneurs founding some of our biggest businesses to those who came through generations to work in jobs from coal mining to caring for our loved ones to serving in our armed forces. People often coming to do some of the most difficult jobs of all.

    Our trading nation, global leading universities and strong historic international connections mean that migration will always be part of our country’s future as well as our past.

    But that is exactly why immigration needs to be properly controlled and managed. It hasn’t been.

    Overseas recruitment shot up while training in the UK was cut.

    Lower skilled migration soared while the proportion of UK residents in work plummeted.

    In 2019 10% of skilled work visas went to non-graduate jobs; by 2024 that had risen to 60%.

    Employers were even given a 20% wage discount if they recruited for shortage jobs from abroad – actively discouraging them from paying the going rate or training here at home.

    Education institutions were allowed to substantially expand the number of overseas students without proper compliance checks.

    Social care providers were encouraged to recruit from abroad with no proper regulation.

    So we saw a serious increase in exploitation – deeply damaging for those who came to work here in good faith, and also for other workers and responsible companies who were being undercut.

    The rules and laws that are supposed to the immigration system were too often ignored.

    By 2024, returns of people with no right to be in the UK were down over a third compared to 2010.  

    And, of course, criminal gangs were allowed to build an entire smuggling industry along our borders, undermining security and creating a crisis in the asylum system.

    Madam Deputy Speaker, later this year we will set out further reforms on asylum and border security, and on tackling illegal and irregular migration, building on the new counter-terrorism powers in the Border Security, Asylum and Immigration Bill before the House this evening, because no one should be making these dangerous crossings on small boats.

    But this White Paper sets out how we restore that control to the legal migration system so it is sustainable, fair and works for the UK.

    First, we are overhauling the approach to labour market policy so for the first time we properly link the immigration system to skills and training here in the UK.

    So that where there are skills or labour shortages in the UK, immigration should not always be the answer to which employers turn. Because that long-term failure to tackle skills shortages, to bring in proper workforce planning, to get UK residents back into work, or to improve pay, terms and conditions here at home is bad for our economy as well as for the immigration system because it undermines our productivity and growth.

    So we will lift the threshold for skilled worker visas back to graduate level and above, removing up to 180 different jobs from the list, increasing salary thresholds.

    Access to the Points-Based System for lower skilled jobs will be limited to areas on a new Temporary Shortage List, including jobs which are critical to the Industrial Strategy, but access will be time limited. There must be a domestic workforce strategy in place, and employers must be acting to increase domestic recruitment.

    We will expect workforce strategies to be drawn up more widely in other higher skilled areas too where there is overreliance on recruitment from abroad.

    To support that work we will establish the new Labour Market Evidence Group, bringing together skills bodies from England, Scotland, Wales and Northern Ireland, the Department for Work and Pensions, the Industrial Strategy Council and the Migration Advisory Committee to gather and share evidence on shortage occupations in different parts of the country and also to highlight the role that skills, training, pay and conditions and other policies can play in improving domestic recruitment, so that increased migration is never again the only answer to the shortages the economy faces.

    This new approach means we also need to act on social care.

    The introduction of the Social Care Visa led not only to a huge increase in migration but also to a shameful and deeply damaging increase in abuse and exploitation.

    When proper checks were finally brought in, 470 care providers had their licence to sponsor international staff suspended. 39,000 care workers were displaced.

    Overseas recruitment for care jobs has since dropped but it must not surge like that again. And it’s time we addressed domestic issues, including a proper Fair Pay Agreement to show respect to people who do some of the most important jobs in the country.

    We are therefore ending overseas recruitment of care workers. It will continue to be possible to extend existing visas and to recruit displaced care workers and people already in the UK with working rights on other visas.

    Alongside the new visa controls and workforce strategies, we will also increase the Immigration Skills Charge paid by employers who recruit from abroad by 32%. That money will be invested through the Spending Review in supporting skills and training here in the UK.

    We will ensure that Britain continues to attract the brightest and best global talent, by enhancing visa routes for very high skilled individuals, top scientific and design talent, and people with the right experience to support growth in key strategic industries.

    Madam Deputy Speaker, international students bring huge benefits to the UK – supporting our world-leading universities, bringing in top talent and investment.

    But we will strengthen compliance requirements and checks to prevent visa misuse.

    Currently, too many people on the Graduate Visa are not doing graduate jobs. So we will reduce the unrestricted period from two years to 18 months. Those who want to stay will need to get a graduate job on a skilled worker visa so that we can ensure they are contributing to the economy.

    Just as our rules on work visas are based on the contribution we expect people to make when they come to our country, we will consult later this year on new earned settlement and citizenship rules that apply the same approach, extending the principles of the Points-Based System, doubling the standard qualifying period for settlement to ten years with provisions to qualify more swiftly that take account of the contribution people have made.

    Because the ability to speak English is integral to the ability for everyone to contribute and integrate, we will introduce new, higher language requirements across a range of visa routes, for both main applicants and their dependants. So family, too, can work, integrate and contribute.

    The system for family migration has become overly complex with policies increasingly developed around case law from court decisions rather than a coordinated framework set out by Parliament. So we will set out a new clearer framework, to be endorsed by Parliament, including clarifying how Article 8 rules should be interpreted and applied to prevent confusion or perverse conclusions.

    We will review current community sponsorship schemes that support recognised refugees and will continue to take action against trafficking and modern slavery. And we will shortly appoint a new Windrush Commissioner to ensure that Windrush lessons continue to be learnt and the Home Office also makes sure its standards are upheld.

    But the rules must be respected and enforced across the board. So we will also bring in stronger controls where there is evidence of visa misuse. We are also rolling out e-visas and digital ID, including better use of technology to monitor when people are overstaying on their visa, or to support the increase in illegal working raids. Since the election we have increased returns and we will go further.

    Those who come to our country must abide by our laws.

    So we will develop new procedures to ensure the Home Office is informed of all foreign nationals convicted of offences – not just those who go to prison – so we can also revoke visas and remove other offenders in a wide range of crimes who are abusing our system.

    Madam Deputy Speaker, already we are reducing the number of visas being granted this year, and updated figures will be published before the end of the month.

    Already we are increasing returns with over 24,000 people in the first 9 months, the highest 9-month period for eight years.

    The impact of the changes to skilled worker visas, care worker visas, settlement, students and English language is expected to reduce visas by around 100,000 a year. In addition, the new workforce strategies, Immigration Skills Charge, family and asylum reforms will further bring numbers down on top of that. And as the Prime Minister has said, where we need to go further to restore a sustainable system, we will.

    Conclusion

    In conclusion, Madam Deputy Speaker, throughout our history, Britain has been strengthened by people coming to start new businesses, study at our universities, contribute to our cultural and sporting excellence, and do some of the toughest, most essential jobs in our country.

    But to be successful, effective and fair, our immigration must be properly controlled and managed. This White Paper sets out how we will restore control, fairness and order to the system, how we will continue to bring net migration down, and how we will turn the page on the chaos and failure of the past. I commend this statement to the House.

    Updates to this page

    Published 12 May 2025

    MIL OSI United Kingdom –

    May 13, 2025
  • MIL-OSI Global: Keir Starmer’s immigration plans: research shows you don’t beat the far right by becoming them

    Source: The Conversation – UK – By Katy Brown, Research Fellow in Language and Social Justice, Manchester Metropolitan University

    Keir Starmer gives press conference on migration Flickr/Number 10, CC BY-NC-ND

    As British prime minister Keir Starmer vowed to “finally take back control of our borders” in a landmark speech on immigration on May 12, it felt a little like déjà vu.

    Some nine years earlier, we had heard those exact words repeated over and over in the build-up to the Brexit referendum from former prime minister Boris Johnson and the Leave campaign. It was a refrain also used by Nigel Farage and UKIP.

    Of course, this direct reference was the point. Starmer used it to claim that the Labour government’s white paper on immigration was finally going to deliver on what had been promised and desired for many years.

    In these opening lines, the tone was set. And as the speech went on, there were echoes of far-right language and ideas reverberating throughout. Starmer lamented the “squalid” state of contemporary politics, the “forces” pulling the country apart, and the previous government’s so-called “experiment in open borders”.

    This speech and the white paper that it unveiled are but the latest indication of the rightward direction of travel within UK politics, led by mainstream and far-right parties alike – as exemplified in recent months by the footage released of immigration raids and deportations.

    Some will argue this is Labour’s response to the rising threat of Reform UK, with results in the recent local elections seen as evidence of the far right’s growing popularity. So the story goes, Labour is proving that they can be tough on immigration, showing would-be Reform defectors that they can be trusted after all.

    This familiar narrative seems to follow a prevailing wisdom which is parroted in political, media and public debates – that appeasing the far right is the way to defeat it. Rather than beating the far right at their own game, however, research shows that these techniques simply legitimise their key talking points and further normalise exclusionary politics.

    Starmer’s speech is a case in point. In using “take back control” from the outset, there was no hiding the intended audience or message. Starmer claimed that this project would “close the book on a squalid chapter for our politics, our economy, and our country”, implying that excessive immigration has directly caused these problems and that stopping it solves them. This chimes with classic far-right narratives where migration is framed as the root of all societal ills.

    When these kinds of ideas are pushed by those in government, with great authority and influence, they are given greater credence and weight. A strikingly clear example of this came in the summer of 2024 when participants in racist riots waved posters containing the slogan “stop the boats” (a phrase popularised by the previous Tory government).

    Another component of the speech that was reminiscent of far-right tropes was the idea that increased immigration was a deliberate tactic by the previous government. Starmer suggested that the Conservatives were actively pursuing a “one-nation experiment in open borders” while deceiving the British public of their intentions.

    Far-right conspiracies are often premised on the idea that elites are deliberately encouraging mass immigration. It’s not hard to see how Starmer’s words could act as a dog whistle in this scenario.

    These claims are especially damaging when we think about the draconian measures introduced under former Conservative governments, such as the Rwanda policy. Labour is now indicating that these proposals didn’t go far enough.

    To justify bringing far stricter immigration rules, Starmer stated that “for the vast majority of people in this country, that is what they have long wanted to see”. As far-right parties so often do, Labour suggests that they are delivering on “people’s priorities”. Yet are they really a priority for people, or are we told that they are a priority which then makes them more of a priority?

    Research by Aurelien Mondon, senior lecturer in politics at the University of Bath, illustrates how people’s personal and national priorities differ dramatically. When people in the UK were asked to name the two most important issues facing them personally, immigration didn’t even make it into the top ten.

    However, when asked the same question about the issues facing their country, immigration topped the list. How can something that doesn’t affect you in your day-to-day life suddenly become a top priority for your country? We need to challenge the narrative that the government is simply acting on people’s wishes and acknowledge its own capacity to set the agenda.

    Other priorities

    Some will say that harsher anti-immigration policies are a necessary evil to defeat the far right. However, if people’s personal priorities are really the cost of living, housing and education, why is the government not focusing more of its energy on these things rather than scapegoating migrants?

    What’s more, research shows that even based on these terms, these strategies are ineffective and can actually boost the success of the far right electorally. After all, its ideas are being repeatedly normalised.

    In all this tactical talk, we lose sight of the fact that people are living the consequences of this rhetoric and policies right now. Rather than focus on Reform’s potential performance in a general election that is probably years away, we should recognise the immediate consequences of the rhetoric that has accompanied this white paper. Even if this did put a dent in Reform’s prospects, what is the meaning of defeating them if the policies they promote become part of the mainstream in the process?

    The bottom line is that you do not beat the far right by becoming them. It doesn’t work electorally or ideologically, and even if it did, minoritised communities suffer the consequences regardless. The far right is not some threat lying waiting in the future – its normalisation is happening now.

    Katy Brown has received funding from UK Research and Innovation and the Irish Research Council. She is affiliated with the Reactionary Politics Research Network and Manchester Centre for Research in Linguistics.

    – ref. Keir Starmer’s immigration plans: research shows you don’t beat the far right by becoming them – https://theconversation.com/keir-starmers-immigration-plans-research-shows-you-dont-beat-the-far-right-by-becoming-them-256499

    MIL OSI – Global Reports –

    May 13, 2025
  • MIL-OSI USA: Attorney General James Delivers Over $13,500 Worth of Baby Formula to Rochester Families

    Source: US State of New York

    EW YORK – New York Attorney General Letitia James today announced that her office secured more than $13,500 worth of baby formula from baby formula supplier Paragon USA & Co., LLC (Paragon) for families in Rochester. The donation is the result of an investigation conducted by the Office of the Attorney General (OAG) into Paragon for price gouging during the national baby formula shortage in 2022. As part of a settlement with OAG, Paragon has paid a $10,000 penalty and must pay an additional $35,000 in donated baby formula or cash. Today’s donation will be distributed to families in need across Rochester by Foodlink, a community organization that serves the Greater Rochester and Finger Lakes regions.

    “During a nationwide baby formula shortage, Paragon took advantage of New York families, illegally raising the price on formula to squeeze extra profits,” said Attorney General James. “My office made sure Paragon was held responsible for their illegal action and guaranteed that hard-working families in New York received relief. I thank Foodlink and all its partner organizations for distributing this baby formula to help Rochester families in need.”

    “We are thankful to Attorney General James for once again providing Foodlink and our new Health & Wellness initiative with additional baby formula,” said Julia Tedesco, President & CEO of Foodlink. “Our partners have highlighted a growing need for baby products and other essential items, especially as grocery prices remain historically high. This generous contribution will greatly benefit our members and their clients who are in urgent need of formula.”

    In 2022, Abbott Laboratories closed one of its baby formula manufacturing plants and recalled formula produced there, creating significant hardship for families throughout New York and the nation as formula supplies dwindled and prices rose. Abbott produces over 40 percent of the infant formula sold in the United States, and the plant it closed was responsible for approximately one fifth of total U.S. production.

    New York’s price gouging laws prohibit vendors from unconscionably increasing prices on goods that are vital to consumers’ health, safety, or welfare during market disruptions such as the 2022 formula shortage. In May 2022, Attorney General James issued warnings to more than 30 retailers across the state to stop overcharging for baby formula after consumers reported unreasonably high prices.

    The OAG’s investigation found that Paragon, which supplies formula to retailers in New York, generated tens of thousands of dollars in additional revenue by raising prices more than 20 percent after Abbott announced its recall.

    As a result of a settlement with OAG, Paragon must pay penalties and make formula donations with a combined value of $45,000. This includes a $10,000 penalty to the state that Paragon has already paid and an additional $35,000 that can be paid in the form of donated formula or cash that must be delivered by June 10, 2025.

    Today’s donation is the third secured by Attorney General James as part of the settlement with Paragon. In February, Attorney General James secured the donation of $1,500 worth of baby formula to families in Westchester, and in March, $6,300 worth of baby formula to families in Brooklyn. To date, Attorney General James has donated more than $21,400 worth of baby formula as a result of the settlement with Paragon.

    “No parent should be forced to choose between paying their bills or feeding their child,” said Senator Jeremy Cooney. “When businesses illegally jack up prices for goods like baby formula, they must be held accountable. I applaud Attorney General James for once again protecting consumers and ensuring Rochester families get the relief they deserve.”

    “Families are struggling to make ends meet with inflation and an economy on the brink of a recession, so this donation goes such a long way for Rochester children, who are already amongst the neediest in the nation,” said Assemblymember Jen Lunsford. “I am grateful to Attorney General James for doggedly pursuing these bad corporate actors and holding them accountable for their opportunistic money grab.”

    Attorney General James is a leader in the fight to protect New York consumers and guard against price gouging. As part of a $675,000 settlement with formula suppliers Marine Park and Formula Depot, Attorney General James secured the donation of over $344,000 worth of baby formula to families in the Bronx in March 2025 and $140,000 worth of formula to families in Rochester in December 2024. In October 2024, Attorney General James led a multistate coalition urging Congressional leaders to support a national ban on price gouging. In March and April 2024, Attorney General James distributed over 9,500 cans of baby formula in Buffalo and New York City from a settlement with Walgreens for price gouging during the formula shortage. In May 2023, Attorney General James secured a $100,000 settlement with Quality King Distributors, Inc. due to unconscionable price increases for Lysol products during the early days of the COVID-19 pandemic. In April 2021, Attorney General James delivered 1.2 million eggs to food pantries throughout the state which were secured as part of an agreement with the nation’s largest egg producers for price gouging in the early months of the pandemic.

    New Yorkers should report potential concerns about price gouging to the OAG by filing a complaint online or calling 800-771-7755.

    This matter was handled by Assistant Attorney General Benjamin C. Fishman, under the supervision of Bureau Chief Jane M. Azia and Deputy Bureau Chief Laura J. Levine, all of the Consumer Frauds and Protection Bureau. Former Data Scientist Jasmine McAllister also assisted in this matter, under the supervision of Director of Research and Analytics Victoria Khan, Deputy Director Gautam Sisodia, and former Director Megan Thorsfeldt. The Consumer Frauds and Protection Bureau is a part of the Division for Economic Justice, which is led by Chief Deputy Attorney General Chris D’Angelo and is overseen by First Deputy Attorney General Jennifer Levy.

    MIL OSI USA News –

    May 13, 2025
  • MIL-OSI: 51Talk Online Education Group to Present at the dbVIC – Deutsche Bank ADR Virtual Investor Conference May 15th

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 12, 2025 (GLOBE NEWSWIRE) — 51Talk Online Education Group (NYSE American: COE) based in Singapore, and focused on global online education, today announced that its Investor Relations Vice President David Chung will present at the dbVIC – Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on May 15, 2025. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors.

    DATE: May 15th
    TIME: 11:00 a.m. EST
    LINK: REGISTER HERE

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Participation is free of charge.

    51Talk Online Education Group: Fourth Quarter 2024 Financial and Operational Highlights

    • Gross billings for the fourth quarter of 2024 were US$21.4 million, a 93.4% growth from the fourth quarter of 2023.
    • Net revenues were US$16.2 million for the fourth quarter of 2024, a 117.3% increase from US$7.5 million for the fourth quarter of 2023.
    • The number of active students with attended lesson consumption was approximately 74,200 in the fourth quarter of 2024, representing an 83.2% increase from approximately 40,500 for the fourth quarter of 2023.

    About 51Talk Online Education Group

    51Talk Online Education Group (NYSE American: COE) is a global online education platform with core expertise in English education. The Company’s mission is to make quality education accessible and affordable. The Company’s online and mobile education platforms enable students to take live interactive English lessons, on demand. The Company connects its students with a large pool of highly qualified teachers that it assembled using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    51Talk Online Education Group

    David Chung

    Investor Relations Vice President

    Jinling Wang

    Investor Relations Manager

    wangjinling@51talk.com 

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com 

    The MIL Network –

    May 13, 2025
  • MIL-OSI: ASM announces the voting results of the 2025 Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    Almere, The Netherlands
    May 12, 2025

    ASM International N.V. (Euronext Amsterdam: ASM) today announces the voting results of its Annual General meeting held on May 12, 2025, in the Van der Valk Hotel Almere, in Almere, the Netherlands.

    The shareholders approved all resolutions as proposed to the Annual General Meeting.

    The main resolutions include the following:

    • The annual accounts 2024 were approved and adopted.
    • A positive advisory vote was cast on the 2024 remuneration report.
    • A regular dividend of €3.00 per common share was approved.
    • Mr. Verhagen was reappointed as member of the Management Board for a two-year term.
    • Ms. Van der Meer Mohr and Mr. Sanchez were reappointed as members of the Supervisory Board for a second four-year term and Ms. Kahle-Galonske was reappointed as member of the Supervisory Board for a third term of one year.
    • EY Accountants B.V. was reappointed as auditor to audit the annual accounts for the financial year 2026 and appointed as assurance provider of sustainability information for the financial years 2025 and 2026.

    About ASM International

    ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International’s common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM’s website at www.asm.com.

    Contact

    Investor and media relations

    Victor Bareño
    T: +31 88 100 8500
    E: investor.relations@asm.com

    Investor relations

    Valentina Fantigrossi
    T: +31 88 100 8502
    E: investor.relations@asm.com

    The MIL Network –

    May 13, 2025
  • MIL-OSI Global: ‘Elbows up’ in Canada means sustainable resource development

    Source: The Conversation – Canada – By Steven J Cooke, Canada Research Professor, Conservation Physiology, Carleton University

    “Elbows up” means many things today in Canada, including using the country’s rich natural resources more effectively to support a strong, independent economy that benefits people and society.

    We agree with the need to ensure economic stability and independence in Canada — but as scientists, we know this is only possible if resource development and exploitation are done responsibly and sustainably. Otherwise, Canada will be burdening itself and future generations with immeasurable costs to the economy, health and quality of life.

    Politicians and decision-makers from across Canada have called for radical changes to how development proposals are evaluated. The recent federal election saw the leaders of the major parties all signalling that they intend to get resource development projects done faster.

    Several provinces have already brought forward legislation in recent days, including British Columbia’s Infrastructure Projects Act, while an Ontario act aimed ostensibly at “unleashing the economy” is under consideration by the provincial government.

    Cutting red tape can certainly speed up new development, but environmental regulations are not just red tape. They are designed to ensure the short- and long-term potential consequences of development decisions are fully considered, and are then minimized or avoided.

    Without strong environmental impact assessments, development can have devastating impacts on human health, resource sustainability and the rich natural resources Canadians rely upon. We are fearful of a future where obsolete infrastructure and exhausted resources are abandoned by the proponents of development, burdening the public with the cleanup or long-term consequences.

    Resources aren’t infinite

    Canada has a large land mass bordering three oceans and bountiful freshwater resources, including the Great Lakes. But its resources are not infinite.

    Impacts of resource development also extend to people. Effective impact assessment must recognize Indigenous rights and sovereignty, in keeping with the right to self-determination reinforced by the United Nations Declaration on the Rights of Indigenous Peoples.

    Effective land stewardship by Indigenous nations is the foundation of Canada’s rich natural heritage. When Canadian politicians talk about fast-tracking developments and resource exploitation, they inherently ignore the moral and legal rights of Indigenous Peoples and governments that are enshrined in Canada’s Constitution and in international law.




    Read more:
    Mark Carney wants to make Canada an energy superpower — but what will be sacrificed for that goal?


    Circular economy

    Outdated business models that threaten health and the future of resources won’t propel Canada into a new era of prosperity.

    Canada lags behind in innovation and labour productivity growth (GDP per person hour worked), which are predictors of standard of living. This lag is known as Canada’s “innovation problem.”

    Simply harvesting and selling raw logs or minerals as fast as possible will not solve it. However, Canada can escape its innovation problem by using resources more efficiently in a value-added, circular economy.




    Read more:
    Recycling more than pop cans: A circular economy for our energy landscapes


    The boreal forests and wetlands found in Canada represent the lungs and kidneys of the planet. Canada’s boreal forest is the largest intact forest in the world.

    Canada also contains 20 per cent of the Earth’s surface freshwater — more than any other nation — and 10 per cent of the world’s glacial waters.

    Canada’s wildlife is iconic and careful management of our wildlife benefits both Canada and the world. Canada’s current environmental policies and regulations represent the collective effort of opposing political parties that have recognized the shared need for clean air and water are non-partisan issues.

    Environmental requirements

    As Canada aggressively explores markets other than the United States for its resources, including the European Union, it will gain a competitive advantage by ensuring exports are sustainable and extracted without harming the environment and local people.

    That’s because markets like the European Union now require that all importers of many agricultural and household products prove that their production did not contribute to deforestation. As other jurisdictions see the fallacy of short-term gains at the expense of the environment, Canada can be ahead of the curve in providing sustainable products.

    The long-term health of Canada’s economy relies on sustainable resource management, and polling repeatedly shows that Canadians want a healthy environment. Sustainable resource extraction can deliver long-term benefits for nature and future generations, rather than short-term, financial benefits to only a select few.

    Boom-and-bust policies have failed before — think about the collapse of the Atlantic cod fishery, the acid rain crisis associated with unchecked emissions or the Klondike gold rush.

    We implore politicians to ensure that development decisions are informed by rigorous and diverse forms of evidence, and robust and equitable policies that consider environmental justice. They should refrain from focusing solely on the short-term economic windfall. Instead, they must plan for resource use that is sustainable and equitable over the long term.

    Four ways to ensure sustainability

    We recognize that resource development is integral to maintaining Canadian prosperity and sovereignty — and the good news is that it can be done sustainably.

    The details may be complex, but the big picture is simple:

    1. Ensure that Indigenous rights-holders are not simply consulted but actively involved in planning, managing and leading development activities.
    2. Maintain strong environmental protection while cutting truly unnecessary red tape.
    3. Ensure that development does not cause harm to individuals, species or landscapes.
    4. Embrace evidence-informed decision-making processes that are robust, transparent and inclusive.

    Some of Canada’s international neighbours are enacting short-term actions, including cutting environmental regulations and spurring unfettered resource development.

    These actions are simultaneously a threat to Canada and an opportunity for Canadians to reject that approach and do better. If Canada chooses that path, it can gain a distinct competitive advantage today and long into the future and become less vulnerable to the political whims of other countries.

    Elbows up, Canada — let’s be proud of protecting what we have.

    Steven J Cooke receives funding from various government, NGO and industry partners. He is affiliated with the Great Lakes Fishery Commission, the Collaboration for Environmental Evidence, KeepFishWet, and the Canadian Centre for Evidence-Informed Conservation.

    Christina Davy receives funding from various Canadian government, NGO and industry partners. She is affiliated with the Canadian Herpetological Society.

    Dalal Hanna receives funding from various Canadian Government and NGO partners. She is affiliated with Ripara.

    Joseph Bennett receives funding from various government and NGO sources. He is affiliated with the Canadian Institute for Ecology and Evolution and the Canadian Centre for Evidence-Informed Conservation.

    – ref. ‘Elbows up’ in Canada means sustainable resource development – https://theconversation.com/elbows-up-in-canada-means-sustainable-resource-development-255669

    MIL OSI – Global Reports –

    May 13, 2025
  • MIL-OSI USA: Governor Kehoe Announces Appointments to Missouri School Funding Modernization Task Force

    Source: US State of Missouri

    MAY 12, 2025

    Jefferson City — Building on the education priorities outlined in his inaugural State of the State Address in January, Governor Mike Kehoe announced today the full slate of members appointed to the Missouri School Funding Modernization Task Force. The Task Force, established by Executive Order 25-14, is charged with reviewing and recommending changes to Missouri’s K-12 school funding model and providing a final report to the Governor by December 1, 2026.

    “To secure a better future for Missouri students and schools, we must rethink how we fund Missouri’s foundation formula,” said Governor Kehoe. “We need a modernized funding model that rewards outcomes, encourages innovation, and ensures fairness for all Missouri students. These Task Force members bring the experience, perspective, and commitment needed to make responsible changes at business-speed. We look forward to reviewing their recommendations.”

    The 16-member body represents a broad range of voices—urban and rural, traditional and nontraditional, academia and industry—who will help build a model that delivers results for every Missouri student. The Task Force will operate under core guiding principles that promote equal access for students, local flexibility, performance accountability, and long-term funding sustainability.

    Governor Kehoe’s appointments include the following individuals:

    • Matt Davis, of Eldon, is a dedicated educational leader with more than 25 years of experience in the Missouri school system, including 17 years as superintendent of Eldon School District. Prior to serving as superintendent, he led career and technical education programs and prioritized securing grants and funding to enhance program offerings and facilities at Eldon Career Center. Davis will serve as the representative for superintendents from small rural school districts in Missouri.
    • Noah Devine, of Kansas City, is the executive director of the Missouri Charter Public School Association. He previously served as the deputy director of the Kansas City Action Fund and led the implementation of the sixth iteration of the Missouri School Improvement Plan (MSIP) standards for the Missouri Department of Elementary and Secondary Education as the MSIP 6 support facilitator. Devine will serve as the representative for charter schools in Missouri.
    • Emily LeRoy, of Hermann, is a senior advisor at Missouri Farm Bureau, serving on a leadership team that advocates for the diverse interests of farmers. She began her career at the Missouri Department of Agriculture as a legislative assistant and youth program coordinator before rising to the position of legislative and budget director. LeRoy will serve as an additional member as appointed by the Governor.
    • James “Jim” Meats, of Springfield, is the vice president of sales and marketing at Loren Cook Company and a licensed professional engineer. He previously worked as a technical consultant to manufacturers and municipalities in southwest Missouri, where he supported the development of formal plan reviews, permitting procedures, and construction inspection processes. Meats will serve as the representative for the business community.
    • Mike Podgursky, of Columbia, is a school finance expert with more than 40 years of experience, currently serving as the Chancelor’s Professor of Economics at the University of Missouri–Columbia and an affiliated scholar at Sinquefield Center for Applied Economic Research. He is also the author of several peer-reviewed articles and the book, Teacher Pay and Teacher Quality. Podgursky will serve as an additional member as appointed by the Governor.
    • Donald “Don” Thalhuber, of Columbia, is the policy director for the Senate Minority Caucus. Prior to serving in his current position, Thalhuber worked as a senior research analyst crafting education, pension, financial, tax, and veterans’ affairs legislation. He also drafted Missouri’s most recent public school funding formula in 2005. Thalhuber will serve as an additional member as appointed by the Governor.
    • Michael “Jeremy” Tucker, of Liberty, is the superintendent for Liberty Public Schools, managing the district’s $279 million budget and providing oversight and strategic guidance to executive leadership and their respective departments. Prior to serving as superintendent, he worked as an adjunct professor for Evangel University and Southwest Baptist University as well as a social studies teacher at Logan-Rogersville High School. Tucker will serve as the representative for superintendents from large urban school districts in Missouri.
    • Chris Vas, of Kansas City, is a senior director for the Herzog Foundation, working to implement school choice initiatives and trainings across the nation while overseeing an $8 million annual budget. He previously served as the executive director of Liberty Alliance USA, a regional, conservative grassroots network and watchdog organization. Vas will serve as the representative for non-profit organizations that work on expanding school choice in Missouri.
    • Casey Wasser, of California, is the deputy executive director and chief operating officer for the Missouri Soybean Association, a grassroots organization dedicated to advocating on behalf of soybean producers and crafting state and federal policy initiatives that support farmers’ freedom to operate and improved profitability. He has an extensive background in public policy, previously serving as the legislative director for the Missouri Department of Revenue. Wasser will serve as the representative for the agriculture industry.
    • David Wood, of Versailles, most recently served as a policy analyst and liaison for the Missouri State Tax Commission before retiring in June 2023. He previously served in the Missouri House of Representatives from 2013 to 2020 and worked as an upper-level math and computer science teacher for Morgan County R-II Schools. Wood will serve as the representative for teachers from schools in Missouri.

    These ten appointments will be joined on the Task Force by two members of the State Board of Education.

    • Kerry Casey, of Chesterfield, recently retired from her position as vice president of Exegy, a global leader in financial market data, trading platforms, and predictive signals, where she was responsible for Global Sales Operations and Enablement. Casey was a founding board member of the KIPP Charter School in St. Louis and served on the board of directors until her appointment to the State Board in 2023.
    • Pamela Westbrooks-Hodge, of Pasadena Hills, is a former vice president of the Normandy Schools Collaborative Joint Executive Governing Board and recently retired general partner from Edward Jones, where she co-led the Internal Audit Division. She previously worked for Express Scripts, Anheuser-Busch and Bank of America in senior governance, risk and compliance roles and held certifications in financial, operational, and information systems auditing.

    Missouri Senate President Pro Tem Cindy O’Laughlin and Missouri House Speaker Jonathan Patterson have also appointed Senators Rusty Black and Travis Fitzwater as well as Representatives Ed Lewis and Marlene Terry to serve on the Task Force.

    Senator Black, a former educator, will chair the task force.

    “As a former educator, I know firsthand the challenges our teachers face and the importance of ensuring that every dollar we invest in education has a meaningful impact,” said Senator Black. “I’m honored to help lead this important work as we build a funding model that supports student success in every corner of Missouri.”

    For more information on the Missouri School Funding Modernization Task Force, click here.

    ###

    MIL OSI USA News –

    May 13, 2025
  • MIL-OSI Security: DHS Terminating Temporary Protected Status for Afghanistan

    Source: US Department of Homeland Security

    WASHINGTON – Secretary of Homeland Security Kristi Noem today announced the termination of Temporary Protected Status for Afghanistan. The TPS designation for the country expires on May 20, 2025, and the termination will be effective on July 12, 2025.

    At least 60 days before a TPS designation expires, the Secretary, after consultation with appropriate U.S. government agencies, is required to review the conditions in a country designated for TPS to determine whether the conditions supporting the designation continue to be met, and if so, how long to extend the designation.

    “This administration is returning TPS to its original temporary intent,” said Secretary Kristi Noem. “We’ve reviewed the conditions in Afghanistan with our interagency partners, and they do not meet the requirements for a TPS designation. Afghanistan has had an improved security situation, and its stabilizing economy no longer prevent them from returning to their home country. Additionally, the termination furthers the national interest as DHS records indicate that there are recipients who have been under investigation for fraud and threatening our public safety and national security. Reviewing TPS designations is a key part of restoring integrity in our immigration system.”

    After consultation with interagency partners, Secretary Noem determined that conditions in Afghanistan no longer meet the statutory requirements. The Secretary’s decision was based on a U.S. Citizenship and Immigration Services review of the country conditions and in consultation with the Department of State. The Secretary determined that, overall, there are notable improvements in the security and economic situation such that requiring the return of Afghan nationals to Afghanistan does not pose a threat to their personal safety due to ongoing-armed conflict or extraordinary and temporary conditions. She further determined that permitting Afghan nationals to remain temporarily in the United States is contrary to the national interest of the United States.

    Additional information is available in the Federal Register Notice.

    MIL Security OSI –

    May 13, 2025
  • MIL-OSI: Yiren Digital to Present at the dbVIC – Deutsche Bank ADR Virtual Investor Conference May 15th  

    Source: GlobeNewswire (MIL-OSI)

    BEIJING, May 12, 2025 (GLOBE NEWSWIRE) — Yiren Digital (NYSE:YRD) based in Beijing, an AI-powered platform providing a comprehensive suite of financial and lifestyle services in Asia, today announced that its SVP of Capital Market, William Hui, will present at the dbVIC – Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on May 15, 2025. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors.

    DATE: May 15th
    TIME: 11:30 AM ET
    LINK: REGISTER HERE

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

    Participation is free of charge.

    About Yiren Digital

    Yiren Digital Ltd. is an advanced, AI-powered platform providing a comprehensive suite of financial and lifestyle services in Asia. Our mission is to elevate customers’ financial well-being and enhance their quality of life by delivering digital financial services, tailor-made insurance solutions, and premium lifestyle services. We support clients at various growth stages, addressing financing needs arising from consumption and production activities, while aiming to augment the overall well-being and security of individuals, families, and businesses.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:

    Yiren Digital
    Name: Keyao He
    Title: IR Director
    Email: ir@yiren.com 

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com 

    The MIL Network –

    May 13, 2025
  • MIL-OSI United Nations: Secretary-General’s remarks on the UN80 Initiative [bilingual, as delivered; scroll down for all-English]

    Source: United Nations

    Mr. President, Excellencies, ladies and gentlemen,

    Next month marks the 80th anniversary of the United Nations Charter.

    The Charter is our roadmap to a better world – our owner’s manual setting out purposes and principles – and our practical guide to advancing the three pillars of our work: peace and security, development and human rights.

    Anniversaries are a time to look back and celebrate – but they are even more a time to cast our eyes to the future.

    It is only natural – especially in a period of turbulence and tumult – to look ahead and ask central questions: 

    How can we be the most effective Organization that we can be?

    How can we be more nimble, coordinated and fit to face the challenges of today, the next decade, and indeed the next 80 years?

    The UN80 Initiative is anchored in answering these questions – and equipping our organization in an era of extraordinary uncertainty.

    Yes, these are times of peril.

    But they are also times of profound opportunity and obligation. The mission of the United Nations is more urgent than ever. 

    And it is up to us to intensify our efforts to deliver the Sustainable Development Goals and be laser-focused on implementing the Pact for the Future with its many pathways to strengthen multilateralism.

    Excellences,

    Dès le premier jour de mon mandat, nous avons engagé un programme de réforme ambitieux visant à améliorer nos méthodes de travail – et nos résultats. Le système de développement repensé en est un exemple.

    Notre objectif commun a toujours été de rendre notre Organisation plus efficace, de simplifier les procédures, d’éliminer les doublons et de renforcer la transparence et la responsabilité de chacun.

    La crise de liquidités à laquelle nous sommes confrontés n’est pas nouvelle.

    Mais la conjoncture financière et politique actuelle rend nos efforts encore plus urgents.

    Ce qui est aujourd’hui en question, c’est l’essence même du multilatéralisme : ses valeurs, ses principes, et sa pérennité.

    Mais je perçois également, chez bon nombre d’entre vous, une grande détermination et volonté politique de forger une ONU plus forte que jamais – prête à relever les défis du XXIème siècle.

    Nous devons être à la hauteur de ce moment.

    Excellencies,

    As indicated in my letter of 11 March, the UN80 Initiative is structured around three key workstreams:

    First, we are striving to rapidly identify efficiencies and improvements under current arrangements.

    Second, we are reviewing the implementation of all mandates given to us by Member States.

    And third, we are undertaking consideration of the need for structural changes and programme realignment across the UN system.

    Under the first workstream on efficiencies and improvements, Under-Secretary-General Catherine Pollard is leading a Working Group for the Secretariat that is developing a management strategy to design a new business model for the Organization.

    The Working Group is focused on developing cost-reduction and efficiency-enhancement proposals in management and operations across the UN Secretariat.

    It is reviewing administrative functions to identify redundancies, streamline processes, and design integrated solutions – with cost-benefit analyses and clear implementation roadmaps.

    Priority areas include:
     

    • Functional and structural consolidation;
    • Workforce streamlining;
    • Relocating services from high-cost duty stations;
    • Centralizing IT and support services, and
    • Expanding automation and digital platforms.

    While the Working Group’s immediate focus is on management and operational areas, the rest of the Secretariat will be expected to contribute towards the efficiency agenda. 

    For example, all Secretariat entities in New York and Geneva have been asked to review their functions to determine if any can be performed from existing, lower-cost locations, or may otherwise be reduced or abolished.

    This especially pertains to those functions that do not directly support inter-governmental bodies in New York and Geneva.

    With respect to the broader UN system, in April, the High-Level Committee on Management identified potential system-wide efficiency measures in areas such as human resources management, supply chain management and information and communications technologies.

    Concrete proposals are now being developed, including identifying services that system organizations can provide quicker, at a lower price or through more competitive contracts.

    This brings me to the second workstream: mandate implementation review.

    As stated in my 11 March letter, this workstream is about how the UN system implements mandates entrusted by Member States.

    We will not review the mandates themselves. Those are yours to decide on.

    Our job is to examine and report on how we carry them out, and our goal is to simplify and optimize how we do so. 

    Nearly twenty years ago, in 2006, an analysis of mandates and the “mandate-generation cycle” was carried out by the Secretariat.

    A number of problems were identified, including burdensome reporting requirements, overlap between and within organs, an unwieldy and duplicative architecture for implementation, and gaps between mandates and resources.

    But let’s be frank.

    Most of these problems are not only still with us – they have intensified.

    We must do better. 

    Our review will be conducted holistically – looking at the entire universe of mandates, and at the entirety of their implementation.

    This review, therefore, cannot be limited to the UN Secretariat, but it will start there.

    We have already completed an identification of all mandates reflected in the programme budget – and will soon do so for the rest of the system.

    The review has so far identified over 3,600 unique mandates for the Secretariat alone.

    It is now deepening its examination, clustering these mandates using various analytical lenses.

    After this analytical work, relevant entities and departments will be invited to identify opportunities for improvements and consolidation of efforts.

    This should result in the identification of duplications, redundancies, or opportunities for greater synergy on implementation.

    Naturally, based on this work, Member States may wish to consider the opportunity to conduct themselves a review of the mandates.    

    There can be no doubt that the thousands of mandates in place today – and our machinery to implement them – stretch the capacities of Member States, especially those with smaller missions, and the UN system beyond reason. 

    It is as if we have allowed the formalism and quantity of reports and meetings to become ends in themselves.

    The measure of success is not the volume of reports we generate or the number of meetings we convene.  The measure of success – the value, purpose and aim of our work – is in the real-world difference we make in the lives of people.

    This brings me to the third workstream: structural changes.

    Proposals on structural change and programme realignment are likely to emerge from the mandate implementation review.

    But we have already got the ball rolling by soliciting the views of a number of UN senior leaders.

    Their initial submissions – nearly 50 in all – show a high level of ambition and creativity.

    Last week, we deepened some of our ideas and thinking about structural changes in a dedicated session of the UN System Chief Executives Board for Coordination.

    I felt a strong sense of collective determination and responsibility from the leaders of UN entities – a shared resolve to strengthen the system and assume the challenge of change and renewal – and a united commitment to bring to you, our Member States, concrete and ambitious proposals for a renewed United Nations.

    The UN system is highly diverse consisting of organizations with a wide variety of structures and mandates. 

    To advance our three workstreams, I have established seven UN80 clusters – under the coordination of the UN80 Task Force and in close cooperation with the Secretariat Working Group.

    Each of the seven clusters bring together the organizations that contribute to a similar specific global objectives and similar areas of work.

    They will advance efforts in the three UN80 workstreams – identifying efficiencies and improvements, mandate implementation review, and possible structural changes.

    They will be managed at the Principals’ level and will consist of the following:
     

    • Peace and security, coordinated by DPPA, DPO, OCT, and ODA;
    • Development in the Secretariat and in development we have two clusters because the work in the Secretariat is very different from the work in the Agencies, but the two clusters will be working very closely together.  So development in the Secretariat is coordinated by DESA, UNCTAD, ECA, and UNEP;
    • Development (UN System), coordinated by UNDP, UNOPS, UNICEF and DCO;
    • Humanitarian, coordinated by the Emergency Relief Coordinator, WFP, UNICEF, UNHCR, and IOM;
    • Human Rights, coordinated by OHCHR;
    • Training and Research, coordinated by UNU and UNITAR; and finally
    • Specialized Agencies, coordinated by ITU and ILO.

    They will be the locomotive force for concrete proposals. And they will operate at the high level of ambition that our times demand – and that also echo in large measure the calls contained in the Pact for the Future.

    Excellencies,

    In all three workstreams, my objective is to move as quickly as possible.

    Initiatives impacting on the [Proposed] Programme Budget for 2026 prepared under the coordination of the Secretariat Working Group will be included in the revised estimates for the 2026 budget to be presented in September.

    As you know, the budget for 2026, the proposal was already given to ACABQ some time ago and it will be impossible to change it at the present moment.  We will revise our proposals and present the revised version in September on time for the process to take place for the approval of the budget before the end of the year.

    Additional changes that require more detailed analysis will be presented in the proposal for the Proposed Programme Budget for 2027.

    We expect meaningful reductions in the overall budget level.

    For example, let me describe what is under consideration in the peace and security cluster.

    First – resetting DPPA and DPO, merging units, eliminating functional and structural duplications, getting rid of functions that are also exercised in other parts of the system. I believe we’ll be able to eliminate 20% of the posts of the two departments.
     
    Second – a similar exercise of streamlining the civilian part of Peacekeeping.

    Third – The consolidation within OCT of all counterterrorism activities spread in the system.

    Fourth – a review of the present structure of Regional Offices, Special Representatives and Envoys aiming at a consolidation of the system – with increased functionality and meaningful savings.

    The level of reduction of posts that I have outlined for DPPA and DPO must be seen as a reference for the wider UN80 exercise, naturally taking into account the specificities of each area of work.

    There might be immediate, one-off costs involved in relocating staff and providing potential termination packages.

    But by moving posts from high-cost locations, we can reduce our commercial footprint in those cities and reduce our post and non-post costs.

    We have already seen considerable savings in New York by terminating the lease of one building and moving staff into other existing premises – and we expect to close two more buildings when their leases expire in 2027 with considerable savings.

    While the regular budget is our immediate focus, the efficiency efforts will include the entire Secretariat across all funding streams.

    This will entail some difficult decisions as we assess structures and processes and seek meaningful efficiencies.

    The impact on Member State contributions will be visible for years.

    But we cannot achieve the efficiencies required unless we also focus on the programmatic areas of our work. 

    Dedicated outreach with the wider UN system is now underway, and will take profit of the work of the established clusters. 

    Additional proposals resulting from the other workstreams will be submitted to Member States for consideration as appropriate.

    Many changes will require the approval by the General Assembly this year and next.

    I will consult closely and regularly with Member States on progress, seeking guidance on the way forward, and presenting concrete proposals for discussion and decision-making when appropriate.

    We know that some of these changes will be painful for our UN family.

    Staff and their representatives are being consulted and heard. Our concern is to be humane and professional in dealing with any aspect of the required restructuring.

    Excellencies,

    The UN80 Initiative is a significant opportunity to strengthen the UN system and deliver for those who depend on us.

    It is central for implementing the Pact for the Future. 

    It is crucial for advancing the Sustainable Development Goals. 

    The needs of the people we serve must remain our guiding star.

    We must always stick to principles.

    We must never compromise core values. We must forever uphold the purposes and principles of the UN Charter.

    We will advance all this work so that our three pillars – peace and security, development and human rights – are mutually reinforced, and the geographical balance of our workforce and our gender and disability strategies will be preserved.

    And we will be ever mindful of the interests of all Member States – developing countries, in particular.

    Your active engagement and support for the UN80 Initiative is vital to ensure that efforts are inclusive, innovative, and representative of the needs of all Member States.

    The success of the UN80 Initiative depends on all of us living up to our shared and complementary responsibilities.

    Many decisions ultimately are in your hands as Member States.

    Many of you have agreed that this must be the moment to be bold and ambitious.

    That is what our Organization needs – and that is what our times demand.

    Make no mistake – uncomfortable and difficult decisions lie ahead.

    It may be easier – and even tempting – to ignore them or kick the can down the road.

    But that road is a dead end.

    We cannot afford to act in any other way than with the highest level of ambition and common purpose.

    Let us seize this momentum with urgency and determination, and work together to build the strongest and most effective United Nations for today and tomorrow.

    And I thank you.

    ***
    [All-English]

    Mr. President, Excellencies, ladies and gentlemen,

    Next month marks the 80th anniversary of the United Nations Charter.

    The Charter is our roadmap to a better world – our owner’s manual setting out purposes and principles – and our practical guide to advancing the three pillars of our work: peace and security, development and human rights.

    Anniversaries are a time to look back and celebrate – but they are even more a time to cast our eyes to the future.

    It is only natural – especially in a period of turbulence and tumult – to look ahead and ask central questions: 

    How can we be the most effective Organization that we can be?

    How can we be more nimble, coordinated and fit to face the challenges of today, the next decade, and indeed the next 80 years?

    The UN80 Initiative is anchored in answering these questions – and equipping our organization in an era of extraordinary uncertainty.

    Yes, these are times of peril.

    But they are also times of profound opportunity and obligation. The mission of the United Nations is more urgent than ever. 

    And it is up to us to intensify our efforts to deliver the Sustainable Development Goals and be laser-focused on implementing the Pact for the Future with its many pathways to strengthen multilateralism.

    Excellencies, 

    From day one of my mandate, we embarked on an ambitious reform agenda to strengthen how we work and deliver. The reimagined development system is one example. 

    Our shared goal has always been to make our Organization more efficient, to simplify procedures, eliminate overlaps, and enhance transparency and accountability.

    The liquidity crisis we now face is not new. 

    But today’s financial and political situation adds even greater urgency to our efforts. 

    We face real threats to the very fabric, values, principles, and sustainability of multilateralism.  

    But I also sense from many of you a robust determination and political will to ensure the strongest possible United Nations for the 21st century.

    We must rise to this moment. 

    Excellencies,

    As indicated in my letter of 11 March, the UN80 Initiative is structured around three key workstreams:

    First, we are striving to rapidly identify efficiencies and improvements under current arrangements.

    Second, we are reviewing the implementation of all mandates given to us by Member States.

    And third, we are undertaking consideration of the need for structural changes and programme realignment across the UN system.

    Under the first workstream on efficiencies and improvements, Under-Secretary-General Catherine Pollard is leading a Working Group for the Secretariat that is developing a management strategy to design a new business model for the Organization.

    The Working Group is focused on developing cost-reduction and efficiency-enhancement proposals in management and operations across the UN Secretariat.

    It is reviewing administrative functions to identify redundancies, streamline processes, and design integrated solutions – with cost-benefit analyses and clear implementation roadmaps.

    Priority areas include:
     

    • Functional and structural consolidation;
    • Workforce streamlining;
    • Relocating services from high-cost duty stations;
    • Centralizing IT and support services, and
    • Expanding automation and digital platforms.

    While the Working Group’s immediate focus is on management and operational areas, the rest of the Secretariat will be expected to contribute towards the efficiency agenda. 

    For example, all Secretariat entities in New York and Geneva have been asked to review their functions to determine if any can be performed from existing, lower-cost locations, or may otherwise be reduced or abolished.

    This especially pertains to those functions that do not directly support inter-governmental bodies in New York and Geneva.

    With respect to the broader UN system, in April, the High-Level Committee on Management identified potential system-wide efficiency measures in areas such as human resources management, supply chain management and information and communications technologies.

    Concrete proposals are now being developed, including identifying services that system organizations can provide quicker, at a lower price or through more competitive contracts.

    This brings me to the second workstream: mandate implementation review.

    As stated in my 11 March letter, this workstream is about how the UN system implements mandates entrusted by Member States.

    We will not review the mandates themselves. Those are yours to decide on.

    Our job is to examine and report on how we carry them out, and our goal is to simplify and optimize how we do so. 

    Nearly twenty years ago, in 2006, an analysis of mandates and the “mandate-generation cycle” was carried out by the Secretariat.

    A number of problems were identified, including burdensome reporting requirements, overlap between and within organs, an unwieldy and duplicative architecture for implementation, and gaps between mandates and resources.

    But let’s be frank.

    Most of these problems are not only still with us – they have intensified.

    We must do better. 

    Our review will be conducted holistically – looking at the entire universe of mandates, and at the entirety of their implementation.

    This review, therefore, cannot be limited to the UN Secretariat, but it will start there.

    We have already completed an identification of all mandates reflected in the programme budget – and will soon do so for the rest of the system.

    The review has so far identified over 3,600 unique mandates for the Secretariat alone.

    It is now deepening its examination, clustering these mandates using various analytical lenses.

    After this analytical work, relevant entities and departments will be invited to identify opportunities for improvements and consolidation of efforts.

    This should result in the identification of duplications, redundancies, or opportunities for greater synergy on implementation.

    Naturally, based on this work, Member States may wish to consider the opportunity to conduct themselves a review of the mandates.    

    There can be no doubt that the thousands of mandates in place today – and our machinery to implement them – stretch the capacities of Member States, especially those with smaller missions, and the UN system beyond reason. 

    It is as if we have allowed the formalism and quantity of reports and meetings to become ends in themselves.

    The measure of success is not the volume of reports we generate or the number of meetings we convene.  The measure of success – the value, purpose and aim of our work – is in the real-world difference we make in the lives of people.

    This brings me to the third workstream: structural changes.

    Proposals on structural change and programme realignment are likely to emerge from the mandate implementation review.

    But we have already got the ball rolling by soliciting the views of a number of UN senior leaders.

    Their initial submissions – nearly 50 in all – show a high level of ambition and creativity.

    Last week, we deepened some of our ideas and thinking about structural changes in a dedicated session of the UN System Chief Executives Board for Coordination.

    I felt a strong sense of collective determination and responsibility from the leaders of UN entities – a shared resolve to strengthen the system and assume the challenge of change and renewal – and a united commitment to bring to you, our Member States, concrete and ambitious proposals for a renewed United Nations.

    The UN system is highly diverse consisting of organizations with a wide variety of structures and mandates. 

    To advance our three workstreams, I have established seven UN80 clusters – under the coordination of the UN80 Task Force and in close cooperation with the Secretariat Working Group.

    Each of the seven clusters bring together the organizations that contribute to a similar specific global objectives and similar areas of work.

    They will advance efforts in the three UN80 workstreams – identifying efficiencies and improvements, mandate implementation review, and possible structural changes.

    They will be managed at the Principals’ level and will consist of the following:
     

    • Peace and security, coordinated by DPPA, DPO, OCT, and ODA;
    • Development in the Secretariat and in development we have two clusters because the work in the Secretariat is very different from the work in the Agencies, but the two clusters will be working very closely together.  So development in the Secretariat is coordinated by DESA, UNCTAD, ECA, and UNEP;
    • Development (UN System), coordinated by UNDP, UNOPS, UNICEF and DCO;
    • Humanitarian, coordinated by the Emergency Relief Coordinator, WFP, UNICEF, UNHCR, and IOM;
    • Human Rights, coordinated by OHCHR;
    • Training and Research, coordinated by UNU and UNITAR; and finally
    • Specialized Agencies, coordinated by ITU and ILO.

    They will be the locomotive force for concrete proposals. And they will operate at the high level of ambition that our times demand – and that also echo in large measure the calls contained in the Pact for the Future.

    Excellencies,

    In all three workstreams, my objective is to move as quickly as possible.

    Initiatives impacting on the [Proposed] Programme Budget for 2026 prepared under the coordination of the Secretariat Working Group will be included in the revised estimates for the 2026 budget to be presented in September.

    As you know, the budget for 2026, the proposal was already given to ACABQ some time ago and it will be impossible to change it at the present moment.  We will revise our proposals and present the revised version in September on time for the process to take place for the approval of the budget before the end of the year.

    Additional changes that require more detailed analysis will be presented in the proposal for the Proposed Programme Budget for 2027.

    We expect meaningful reductions in the overall budget level.

    For example, let me describe what is under consideration in the peace and security cluster.

    First – resetting DPPA and DPO, merging units, eliminating functional and structural duplications, getting rid of functions that are also exercised in other parts of the system. I believe we’ll be able to eliminate 20% of the posts of the two departments.
     
    Second – a similar exercise of streamlining the civilian part of Peacekeeping.

    Third – The consolidation within OCT of all counterterrorism activities spread in the system.

    Fourth – a review of the present structure of Regional Offices, Special Representatives and Envoys aiming at a consolidation of the system – with increased functionality and meaningful savings.

    The level of reduction of posts that I have outlined for DPPA and DPO must be seen as a reference for the wider UN80 exercise, naturally taking into account the specificities of each area of work.

    There might be immediate, one-off costs involved in relocating staff and providing potential termination packages.

    But by moving posts from high-cost locations, we can reduce our commercial footprint in those cities and reduce our post and non-post costs.

    We have already seen considerable savings in New York by terminating the lease of one building and moving staff into other existing premises – and we expect to close two more buildings when their leases expire in 2027 with considerable savings.

    While the regular budget is our immediate focus, the efficiency efforts will include the entire Secretariat across all funding streams.

    This will entail some difficult decisions as we assess structures and processes and seek meaningful efficiencies.

    The impact on Member State contributions will be visible for years.

    But we cannot achieve the efficiencies required unless we also focus on the programmatic areas of our work. 

    Dedicated outreach with the wider UN system is now underway, and will take profit of the work of the established clusters. 

    Additional proposals resulting from the other workstreams will be submitted to Member States for consideration as appropriate.

    Many changes will require the approval by the General Assembly this year and next.

    I will consult closely and regularly with Member States on progress, seeking guidance on the way forward, and presenting concrete proposals for discussion and decision-making when appropriate.

    We know that some of these changes will be painful for our UN family.

    Staff and their representatives are being consulted and heard. Our concern is to be humane and professional in dealing with any aspect of the required restructuring.

    Excellencies,

    The UN80 Initiative is a significant opportunity to strengthen the UN system and deliver for those who depend on us.

    It is central for implementing the Pact for the Future. 

    It is crucial for advancing the Sustainable Development Goals. 

    The needs of the people we serve must remain our guiding star.

    We must always stick to principles.

    We must never compromise core values. We must forever uphold the purposes and principles of the UN Charter.

    We will advance all this work so that our three pillars – peace and security, development and human rights – are mutually reinforced, and the geographical balance of our workforce and our gender and disability strategies will be preserved.

    And we will be ever mindful of the interests of all Member States – developing countries, in particular.

    Your active engagement and support for the UN80 Initiative is vital to ensure that efforts are inclusive, innovative, and representative of the needs of all Member States.

    The success of the UN80 Initiative depends on all of us living up to our shared and complementary responsibilities.

    Many decisions ultimately are in your hands as Member States.

    Many of you have agreed that this must be the moment to be bold and ambitious.

    That is what our Organization needs – and that is what our times demand.

    Make no mistake – uncomfortable and difficult decisions lie ahead.

    It may be easier – and even tempting – to ignore them or kick the can down the road.

    But that road is a dead end.

    We cannot afford to act in any other way than with the highest level of ambition and common purpose.

    Let us seize this momentum with urgency and determination, and work together to build the strongest and most effective United Nations for today and tomorrow.

    And I thank you.

    MIL OSI United Nations News –

    May 13, 2025
  • MIL-OSI Asia-Pac: Remarks by CE at media session in Doha (with photo/video)

    Source: Hong Kong Government special administrative region

    Remarks by CE at media session in Doha (with photo/video) 
    Chief Executive: I will now turn to our English-speaking friends in the media.
     
    This marks my second duty visit to the Middle East since taking office. Our delegation comprises over 50 professionals and leaders of enterprises from Hong Kong plus Mainland China. The composition of the delegation demonstrates Hong Kong’s unique role as a “super connector” and “super value-adder” under the principle of “one country, two systems”. Hong Kong is dedicated to capitalising on its connectivity with both Mainland China and the world, collaborating and synergising with economies and enterprises that are eager to pursue high-quality development with us.
     
    I have set out three major goals for our visit to the Middle East this time. First, to strengthen government-to-government relations; second, to explore new areas of co-operation; third, to make friends and expand our network.
     
    Yesterday, I had the honour of meeting His Highness the Amir of the State of Qatar, followed by a meeting with the Prime Minister and Minister of Foreign Affairs. We also visited the Qatar Investment Authority. I introduced to them Hong Kong’s latest developments in finance, professional services, and innovation and technology. We agreed to deepen collaboration across sectors between Hong Kong and Qatar.
     
    We have also expanded our business networks. During this visit, we have achieved 35 MOUs and agreements spanning trade, investment, technology, legal co-operation, financial markets and so on.
     
    In addition to Hong Kong-Qatar co-operation, two agreements were reached between enterprises from Mainland China and Qatar, supporting the development of financial services and advanced manufacturing.
     
    A tripartite agreement among organisations from Hong Kong, Mainland China and Qatar was also reached, focusing on fintech collaboration, showcasing Hong Kong’s bridging role between different economies.
     
    The delegation has first-hand insights from the visit. The delegation visited the Qatar Foundation to learn about its R&D, education and community projects, and visited Lusail City to better understand the smart infrastructure in Qatar’s second-largest city.
     
    Later today, I will visit an autonomous vehicle project at the airport — a project designed by a Mainland Chinese tech firm with its international headquarters in Hong Kong, and first piloted in the Hong Kong International Airport. This exemplifies our role as a launchpad for global innovation.
     
    Tonight, we will depart for Kuwait and will announce the outcome of our duty visit later.
     
    Reporter: Thank you honourable sir. I wanted to ask you if you could you give a rough figure of the value of the 35 memorandums of understanding (MOUs) that have been signed today? And if you can go into a little bit more about the sectors whereby Qatar and Hong Kong can both benefit from each other? For example, you mentioned earlier technology in autonomous vehicles manufactured by Yutong.
     
    Chief Executive: There are 35 agreements signed within two days. I think that is quite a record. I am very glad that delegate members, plus our counterparts in Qatar, both have been very active and supportive in developing co-operation, collaboration and networking, and I see them really spending their time exchanging contact details and also exchanging ideas on how they can develop the relationship. The 35 co-operation agreements cover areas including economic co-operation, investment, technology, legal co-operation, finance, banking and also capital arrangement. If you want to look at the 35 areas of co-operation, I think if you look at the fullest, then you will see the focus areas of co-operation.
     
    The result of these 35 agreements will have to be judged by those who will then continue their work. What a visit led by the Chief Executive will achieve, and can achieve, is opening the doors first with governments, so that the delegates, business players and entrepreneurs can then continue the liaison to open more doors, windows and opportunities. It is up to them to work hard, and this is something I will be demanding – for them to work hard. But if you look at my last visit to the Middle East, which was about two years ago, after we signed a number of MOUs, we have seen companies producing hydrogen buses for a country in the Middle East. We have seen, for example, on the stock exchange side, stock exchanges exchanging agreements for dual listing. We also see professionals set up their offices in the countries that I visited in the Middle East last time, and they have been receiving work orders and doing their services. I expect the delegates to continue these liaisons amongst themselves. But I am glad to inform you that the amount of enthusiasm is very strong. I will say that there will be more exchanges between not just governments, but in the private sector, chambers, businessmen and associations. And I will see not just exchanges between themselves, but also their participation in some of the events organised in Hong Kong, including both conferences, a lot of match-making deals, etc. I am very positive that the momentum will continue.
     
    (Please also refer to the Chinese portion of the remarks.)
    Issued at HKT 23:58

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    May 13, 2025
  • MIL-OSI Asia-Pac: CE leads delegation to continue visit to Qatar

    Source: Hong Kong Government special administrative region

    CE leads delegation to continue visit to Qatar 
    In the morning, Mr Lee met with the Minister of Labour of Qatar, Dr Ali bin Saeed bin Samikh Al Marri, to discuss plans on enhancing talent exchanges between Hong Kong and Qatar, with a view to promoting cultural exchanges and communication between the two places. Noting that Hong Kong is home to five of the world’s top 100 universities and is actively developing into an international hub for post-secondary education, Mr Lee highlighted that Hong Kong offers a Belt and Road Scholarship to encourage students from Belt and Road countries or regions to pursue post-secondary studies in the city. This initiative aims to attract more outstanding non-local students and talent to Hong Kong. He welcomed more young people of Qatar to study and develop their careers in Hong Kong.
     
    After that, Mr Lee and the delegation attended a roundtable meeting with representatives of the Qatari Businessmen Association and the Qatar Chamber of Commerce and Industry respectively. Highlighting Hong Kong’s robust legal system, resilient financial system and simple and low tax regime, Mr Lee welcomed Qatari enterprises to capitalise on Hong Kong’s advantages in connecting with both the Mainland and the world under the “one country, two systems” principle. Qatari enterprises can also leverage Hong Kong’s high-quality financial, logistics and professional services, as well as its bridging roles to assist enterprises in going global and attracting external investment, tapping into business opportunities on the Mainland market.
     
    In the afternoon, Mr Lee attended a business luncheon co-hosted by the Hong Kong Economic and Trade Office in Dubai and the Hong Kong Trade Development Council. Addressing the luncheon, Mr Lee introduced Hong Kong’s development opportunities and business advantages to over 300 local political and business representatives. Noting that the Middle East is a key region under the Belt and Road Initiative, Mr Lee said this marks his second visit to the Middle East since taking office, and that he was very pleased to see the continuous strengthening of ties and co-operation between Hong Kong and the region. Pointing out that Qatar is Hong Kong’s third-largest trading partner in the Middle East region, Mr Lee announced that Hong Kong and Qatar had substantially concluded negotiations on the Investment Promotion and Protection Agreement, and would begin discussions on mutual recognition arrangements for their respective Authorized Economic Operator Programmes, creating a more favourable environment for flows of capital and goods. He also announced a new arrangement allowing Hong Kong Special Administrative Region passport holders to visit Qatar visa-free for up to 30 days. He said he looks forward to further deepening co-operation with Qatar in such areas as economy and trade, tourism, and culture. He said that Hong Kong and Mainland enterprises complement each other’s strengths, and that Hong Kong will continue to play its bridging role to serve enterprises in going global and attracting external investment, with a view to deepening international exchanges and co-operation. Hong Kong and Qatar can jointly seize the significant development opportunities brought by the Guangdong-Hong Kong-Macao Greater Bay Area and the Belt and Road Initiative.
     
    During the luncheon, government departments, enterprises, and institutions from Hong Kong, the Mainland and Qatar exchanged and announced 35 MOUs and co-operation agreements covering economic co-operation, investment, technology, legal collaboration, as well as finance, banking, and capital market development. In addition to the co-operation between Hong Kong and Qatar, two agreements were signed directly between Mainland and Qatari enterprises to foster co-operation in financial services and high-end manufacturing. Furthermore, a tripartite agreement was signed among Hong Kong, the Mainland, and Qatar to strengthen co-operation in fintech, covering Web3 and AI, leveraging the respective technological strengths of each region for mutual development.
     
    Afterwards, Mr Lee visited Hamad International Airport in Doha to learn about the operation and effectiveness of its autonomous vehicle pilot project and to examine the application of autonomous buses. The pilot project, which had participation by a Chinese enterprise, UISEE, set a precedent for applying autonomous driving technology at airports in the Middle East region. UISEE is one of the leading companies in autonomous driving technology on the Mainland, having established its international headquarters in Hong Kong as a springboard to expand its business globally. The company collaborated with Hong Kong International Airport on autonomous vehicle projects to enhance the safety and operational efficiency of airport logistics, drawing on the successful experiences to promote the technology to the international market. Hamad International Airport, which is the latest pilot site of UISEE, demonstrated the co-operation among Mainland China, Hong Kong, and Qatar.
     
    Mr Lee and the delegation will depart for Kuwait tonight.
     
    Issued at HKT 23:58

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    May 13, 2025
  • MIL-OSI Asia-Pac: 35 pacts signed on CE’s Qatar visit

    Source: Hong Kong Information Services

    Chief Executive John Lee said 35 Memoranda of Understanding (MOUs) and agreements have been signed during his visit to Qatar.

    At a media session in Doha, Qatar today, Mr Lee emphasised that this is his second visit to the Middle East since taking office. He outlined that his delegation comprises over 50 professionals and leaders of enterprises from both Hong Kong and Mainland China.

    “I have set out three major goals for our visits to the Middle East this time,” he said. “First, to strengthen government-to-government relations. Second, to explore new ideas of co-operation. Third, to make friends and expand our network.

    “We agreed to deepen collaboration across sectors between Hong Kong and Qatar. We have also expanded our business networks. During this visit, we have achieved 35 MOUs and agreements, spanning trade, investment, technology, legal co-operation, financial markets and so on.”

    He added: “In addition to Hong Kong-Qatar co-operation, two agreements were reached between enterprises from Mainland China and Qatar, supporting the development of financial services and advanced manufacturing.

    “A tripartite agreement among organisations from Hong Kong, Mainland China and Qatar was also reached, focusing on fintech collaboration, showcasing Hong Kong’s bridging role between different economies.”

    MIL OSI Asia Pacific News –

    May 13, 2025
  • MIL-OSI: Equasens: Q1 revenue at 31 March 2025

    Source: GlobeNewswire (MIL-OSI)

    Villers-lès-Nancy, 12 May 2025 – 6:00 PM (CET)

    PRESS RELEASE

    Q1 revenue at 31 March 2025: €57.0m
    + 6.9% growth on a reported basis and + 5.9% like-for-like

    Q1 2025 REVENUE (€m) 2024
    Reported basis
    2025
    Reported basis
    Change /
    Reported basis
    Of which external growth Like-for-like change
    (organic growth)
    Equasens Group 53.3 57.0 3.7 6.9% 0.5 3.2 5.9%
    Q1 2025 revenue / Division (€m) 2024
    Reported basis
    2025
    Reported basis
    Change /
    Reported basis
    Of which external growth Like-for-like change
    (organic growth)
    Pharmagest 39.8 42.0 2.2 5.5%   2.2 5.5%
    Axigate Link 7.8 8.3 0.4 5.5%   0.4 5.5%
    e-Connect 2.9 3.5 0.6 21.2%   0.6 21.2%
    Medical Solutions 2.1 2.7 0.5 25.1% 0.5 0.0 0.0%
    Fintech 0.6 0.6 -0.1 -8.3%   -0.1 -8.3%
    Total 53.3 57.0 3.7 6.9% 0.5 3.2 5.9%

    As of March 31, 2025, Equasens Group, (Euronext Paris™ – Compartment B – FR 0012882389 -EQS), a leading provider of digital solutions for healthcare professionals, reported revenue of €57.0m, up 6.9% on Q1 2024 reported basis and 5.9% like-for-like.

    Revenue from CALIMED SAS, acquired by the Medical Solutions Division in December 2024, was restated to reflect changes in the scope of consolidation (€0.5m).

    Q1 2025 revenue by type of business (€m) 2024
    Reported basis
    2025
    Reported basis
    Change / Reported basis
    Sale of configurations and hardware 21.5 23.2 1.7 7.7%
    Scalable maintenance and professional training services 19.7 20.3 0.7 3.5%
    Software solutions and subscriptions 11.6 12.9 1.3 11.3%
    Other services (including intermediation) 0.5 0.6 0.0 7.7%
    Total 53.3 57.0 3.7 6.9%

    Q1 2025 highlights by type of business

    • Sales of configurations and hardware (+7.7%) were back on track, after one year, with a trajectory of sustained growth for Pharmagest (+5.7%) and e-Connect (+68.4%), confirming the rebound announced in Q4 2024.
    • Scalable maintenance and training services (+3.5%) display steady growth, maintaining the momentum of 2024, highlighting the loyalty of the customer base and the success of its value-added services.
    • Software solutions and subscriptions (+11.3%) continue to perform well, boosted both by the contribution of acquisitions (+4.4%) and strong organic growth (+6.9%), illustrating the relevance of the strategy of progressively transforming new solutions to a SaaS model.
    • The PHARMAGEST Division had Q1 revenue of €42.0m (+5.5%) on a reported basis (100% organic growth).
      • Investments in recruitment, R&D and continuing improvements in customer service are paying off, in a French market environment marked by positive signals from the public authorities that have contributed to renewed confidence among pharmacists.
        • In France, all business lines reported growth (+ 3.5%), driven by :
          • Mainly equipment sales, with a clear upturn. However, even if the trend is positive, certain segments remain cautious in terms of growth (e.g. electronic labels);
          • The success of innovative new offerings such as id.genius (540 sales in Q1), id.vocal+ (55 sales) and id.care+ ;
          • Digipharmacie (+41%), which is continuing to add new customers at a sustained pace and whose recently deployed new functionalities are driving the acceleration in growth that the Group has foreseen;
          • Atoopharm (+23%), which has benefited from the end of three-year training scheme for healthcare professionals and the anticipated substitution of biosimilars.
        • In Italy (revenue up 13.3%), the Division benefited from buoyant sales momentum (with almost 50 new customers in Q1), with a reinforced sales team that is now covering the entire country.
        • In Belgium, growth in revenue is back on track (+4.8%).
        • In Germany, revenue rose by 12.5%, driven by successful upgrades to existing software and the roll-out of innovative solutions, notably the id. express payment terminal.

    This Division accounts for 73.7% of total revenue.

    • The AXIGATE LINK Division recorded revenue of €8.3m in Q1 2025 (up 5.5% on a reported and like-for-like basis).
      • The Nursing Home sector (+11.9%) is still continuing this year to benefit from “ESMS Numérique” public funding in France, while the migration to TitanLink remains on course in both France and Belgium.
      • The Homecare sector (+6.5%) is maintaining a promising level of new business, buoyed by the signature of new contracts.
      • The Hospitals sector experienced a temporary downturn (-9.2%) reflecting the postponement of contracting cycles to Q2 2025 for a number of major agreements concluded in Q1 2025.

    This Division accounts for 14.5% of total revenue.

    • The E-CONNECT Division recorded revenue of €3.5m in Q1 2025 (up 21.2% on a reported and like-for-like basis).
      • The Division is benefiting from a significant rebound in sales of its Mobility solutions which are integrated by the market’s leading publishers.
      • The announcement in March 2025 that the French health insurance card app (Apps Vitale) will be rolled out nationwide, together with the adoption of the third-party payment system for dental check-ups at dentists, are a major catalyst for accelerating sales of electronic health insurance card readers.

            This Division accounts for 6.1% of total revenue.

    • The MEDICAL SOLUTIONS Division reported revenue of €2.7m in Q1 2025 (up 25.1% on a reported basis and nil like-for-like).
      • The driving force of this performance was the integration of CALIMED and its two SaaS software solutions for surgeons and physicians (with €0.5m in recurring revenues in Q1).
      • Sales of the traditional solutions for physicians, nurses and physiotherapists have remained stable, and are benefiting from the favourable reception given to new offerings such as the LOQUii voice AI consultation companion or online back-up solutions.

    The Division accounts for 4.7% of total revenue.

    • The FINTECH Division had revenue of €0.6m (down 8.3% on a reported and like-for-like basis) in Q1 2025.
      • This decline is the result of a decision to restructure the customer base in order to reduce the risk exposure and enhance the quality of the portfolio.
      • Sales activity remains dynamic, generating a stream of qualified prospects meeting the Group’s demanding criteria.

    The Division accounts for 1.0% of total revenue.

    H1 2025 outlook

    The investment and organisational efforts made are producing results, with the successful roll-out of SaaS solutions to all our healthcare professional customers. These efforts will be maintained throughout 2025.

    The level of orders received, particularly in the Pharmacy sector, reflects the renewed confidence of pharmacists, and enables the Group to be confident about growth in Q2, and is in line with the momentum of Q1.

    Backed by a solid financial structure, the Group remains attentive to opportunities for external growth, both in France and in Europe, that will strengthen its position as a leader in digital healthcare solutions.

    Financial calendar:

    • Annual General Meeting: 25 June 2025
    • Q2 2025 Revenue: 31 July 2025
    • H1 2025 results: 26 September 2025
    • Presentation of H1 2025 results to analysts (SFAF): 29 September 2025
    • Q3 2025 revenue: 5 November 2025
    • FY 2025 revenue: 5 February 2026

    About Equasens Group

    Founded over 35 years ago, Equasens Group, a leader in digital healthcare solutions, today employs over 1.300 people across Europe.
    Equasens Group’s specialised business applications facilitate the day-to-day work of healthcare professionals and their teams, working in private practice, collaborative medical structures or healthcare establishments. The Group also provides comprehensive support to healthcare professionals in the transformation of their profession by developing electronic equipment, digital solutions and healthcare robotics, as well as data hosting, financing and training adapted to their specific needs.
    And reflecting the spirit of its tagline “Technology for a More Human Experience”, the Group is a leading provider of interoperability solutions that improve coordination between healthcare professionals, their communications and data exchange resulting in better patient care and a more efficient and secure healthcare system.

    Listed on Euronext Paris™ – Compartment B
    Indexes: MSCI GLOBAL SMALL CAP – GAÏA Index 2020 – CAC®SMALL and CAC®All-Tradable
    Included in the Euronext Tech Leaders segment and the European Rising Tech label

    Eligible for the Deferred Settlement Service (“Service à Réglement Différé” – SRD) and equity savings accounts invested in small and mid-caps (PEA-PME).
    ISIN: FR 0012882389 – Ticker Code: EQS

    Get all the news about Equasens Group www.equasens.com and on LinkedIn

    CONTACTS

    EQUASENS Group
    Analyst and Investor Relations:
    Chief Administrative and Financial Officer: Frédérique Schmidt
    Tel: +33 (0)3 83 15 90 67 – frederique.schmidt@equasens.com

    Financial communications agency:
    FIN’EXTENSO – Isabelle Aprile

    Tel.: +33 (0)6 17 38 61 78 – i.aprile@finextenso.fr

    Forward-looking statements
    This press release contains forward-looking statements that are not guarantees of future performance and are based on current opinions, forecasts and assumptions, including, but not limited to, assumptions about Equasens’ current and future strategy and the environment in which Equasens operates. These involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements, or industry results or other events, to materially differ from those expressed in or implied by such forward-looking statements. These risks and uncertainties include those detailed in Chapter 3 “Risk factors” of the Universal Registration Document filed with the French financial market authority (Autorité des Marchés Financiers or AMF) on April 29, 2025 under number D.25-0334. These forward-looking statements are valid only as of the date of this press release.

    Attachment

    • EQUASENS_PR_20250512_Q1 2025 REVENUE_EN

    The MIL Network –

    May 13, 2025
  • MIL-OSI: Fluent, Inc. to Announce 2025 First Quarter Financial Results and Host Earnings Conference Call on May 15, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT) announced today that it will report its financial results for the First Quarter 2025 after the close of the U.S. financial markets on May 15, 2025. Fluent will host a conference call at 4:30 pm ET on the same day to discuss the results.

    The conference call can be accessed by phone after registering online at Fluent Conference Call or via audio at Audio Registration. The call and accompanying slide presentation will also be webcast simultaneously on the Fluent website on the Investor Relations Page. Please log in at least 15 minutes prior to the start of the call to ensure adequate time for any downloads that may be required. Following the call, a recorded replay of the webcast will be available for one year on Fluent’s Investor Relations Page.

    About Fluent, Inc.
    Fluent, Inc. (NASDAQ: FLNT) is a commerce media solutions provider connecting top-tier brands with highly engaged consumers. Leveraging exclusive ad inventory, robust first-party data, and proprietary machine learning, Fluent unlocks additional revenue streams for partners and empowers advertisers to acquire their most valuable customers at scale. Founded in 2010, Fluent uses its deep expertise in performance marketing to drive monetization and increase engagement at key touchpoints across the customer journey. For more insights visit https://www.fluentco.com/.

    Contact Information:
    Investor Relations
    Fluent, Inc.
    InvestorRelations@fluentco.com

    The MIL Network –

    May 13, 2025
  • MIL-OSI Canada: Alberta is set for a championship season

    Alberta is renowned as a premier destination for major sporting events, and the province is continuing to build upon this legacy by welcoming seven national and five international sporting events over the next three months. Together, these 12 events will bring thousands of athletes, coaches and fans to Alberta, showcasing the province’s warm hospitality, world-class facilities and stunning landscapes to the world.

    Alberta’s government has committed more than $1.2 million in Major Sport Event grant funding to help bring these elite competitions to the province. Each event will inject millions into the local economies of their host communities, as visitors support businesses in the region with dining, shopping, entertainment and accommodation bookings.

    “Twelve major sport events. Hundreds of thousands of fans. Endless Alberta pride. Hosting major sporting events in our province is about more than the competition — it’s about building on our province’s reputation as a premier destination, providing opportunities for local athletes and driving economic growth. I am thrilled to welcome these events to our province, and I encourage everyone to be a part of the excitement. Best of luck to all our Alberta athletes!”

    Joseph Schow, Minister of Tourism and Sport

    Spanning communities across Alberta and featuring diverse disciplines, from women’s hockey and judo to mountain biking and shooting, these 12 major sporting events highlight the province’s diversity and vibrancy. They also inspire the next generation of Alberta athletes by giving them a front-row seat to athletic excellence and a chance for homegrown athletes compete in front of a hometown crowd.

    “Explore Edmonton is pleased to see this provincial investment in major sporting events in Edmonton. The events are great ways to showcase Edmonton’s vibrancy, celebrate athletic talent and gather community. Major sporting events are an economic driver that demonstrate the incredible impact of the visitor economy, drawing people to Edmonton who support our hotels, restaurants, cultural experiences and attractions.”

    Traci Bednard, CEO, Explore Edmonton

    The 2025 Volleyball Canada Youth National Championships are taking place in Edmonton with support from the Major Sport Event Program. From May 9-25, the EXPO Centre will welcome over 40,000 athletes, coaches, referees and spectators as more than 1,500 teams compete for the title. These championships alone are expected to inject $53 million into the province’s economy. Other events supported through the Major Sport Event program include the 2025 Esso Cup, which wrapped up with an Edmonton Junior Oilers victory in Lloydminster, as well as the 2025 Open National Judo Championships happening in Calgary later this week.

    “We’re thrilled to bring the Youth National Championships back to Edmonton. This event not only showcases top volleyball talent but delivers a major boost to Alberta’s sport tourism sector — energizing the local economy and spotlighting the province as a premier destination for major events.”

    Sandra de Graaff, director of domestic competitions, Volleyball Canada

    “Having the opportunity to compete in my own city, with friends and family there to support me, means everything. It pushes me to be my best and persevere through the tough times. It also allows me to celebrate the wins with those who helped me get here. It’s a feeling like no other, and I’m truly grateful to the Government of Alberta for making it possible.”

    Carter Shank, athlete in volleyball Youth Nationals

    Alberta’s Major Sport Event grant program provides up to $250,000 to eligible sport events to help with costs associated with hosting national and international competitions, including facility rentals, venue enhancements, promotional and marketing campaigns, and more. More funding for world-class sport events will be announced in the coming months.

    Quick facts

    • International and national sport events funded this intake:
      • 2025 Esso Cup (hockey) – April 20-26 – Lloydminster
      • 2025 Volleyball Canada Youth National Championships – May 9-25 – Edmonton
      • 2025 Open National Championships (judo) – May 15-18 – Calgary
      • 2025 Canmore Canada Cup (mountain biking) – June 11-14 – Canmore
      • World Athletics Silver Continental Tour (Edmonton Athletics Invitational) – June 13-14 – Edmonton
      • North American Cup Series (climbing) – June 20-22 – Edmonton
      • 2025 Speedo Junior Elite National Championships (diving) – July 17-21 – Edmonton
      • 2025 U18 Women’s Football National Championship – July 17-26 – Calgary
      • FIBA 3×3 Women’s Series (basketball) – July 25-27 – Edmonton
      • FIBA 3×3 World Tour (basketball) – July 25-27 – Edmonton
      • 2025 IPSC Canadian Handgun Nationals – July 28-Aug. 3 – Taber
      • IWWF Under 21 World Waterski Championships – July 31-Aug. 3 – Foothills

    Related information

    • Major Sport Event Grant Program
    • 2025 Volleyball Canada Youth National Championships
    • For media interested in attending the Volleyball Canada Youth National Championships Media Day at noon on May 19, contact Mezi Tamrat at [email protected] for more information.

    Related news

    • She shoots, she scores! (April 17, 2025)
    • Alberta scores big with major sport events (Feb. 18, 2025)

    MIL OSI Canada News –

    May 13, 2025
  • MIL-OSI Canada: Economic Development Week: Joint statement

    Source: Government of Canada regional news (2)

    MIL OSI Canada News –

    May 13, 2025
  • MIL-OSI Canada: Province Celebrates Women Entrepreneurs and Their Impact on Saskatchewan’s Economy

    Source: Government of Canada regional news

    Released on May 12, 2025

    The Government of Saskatchewan has officially proclaimed May 11 to 17, 2025, as Women Entrepreneurs Week, recognizing the vital role women entrepreneurs play in shaping the province’s economy and business community. 

    “Women are making significant contributions in every sector of our economy,” Minister Responsible for Status of Women Alana Ross said. “Each May, our government is proud to partner with Women Entrepreneurs of Saskatchewan (WESK) to celebrate the innovation, resilience and success of women-led businesses that are helping to build a strong Saskatchewan.”

    “Our government is proud to see women entrepreneurship in Saskatchewan continue to grow and thrive,” Trade and Export Development Minister Warren Kaeding said. “During this week, it is important to recognize the significant contributions women entrepreneurs have made to Saskatchewan’s economy through job creation, support for their communities and creating opportunities for all those who call this province home.”

    Women entrepreneurs in Saskatchewan continue to thrive thanks to strong partnerships with non-profit organizations that support at every stage of their business journey. Today, 21 per cent of Saskatchewan’s private sector businesses are majority owned by women.

    For nearly 30 years, WESK has been a cornerstone of support for women business. This non-profit organization provides access to business advising, financing, mentorship, networking and training opportunities. It is through the dedication of organizations like WESK, women entrepreneurs contribute to the record economic growth in Saskatchewan. 

    “Women entrepreneurs are not only helping shape Saskatchewan’s business community – they are a driving force behind its economic growth,” Women Entrepreneurs of Saskatchewan CEO Miriam Johnson said. “With 21 per cent of private sector businesses majority-owned by women, their contributions are creating jobs, building local economies, and strengthening communities across the province. At WESK, we are proud to continue supporting women at every stage of business, and we are honoured to celebrate their innovation, leadership, and impact during Women Entrepreneurs Week.”

    The Government of Saskatchewan continues to offer a variety of programs and incentives to support a strong, competitive business environment.

    Learn more about business support and investments opportunities in Saskatchewan, visit: investsk.ca.

    For more information about WESK and its programs, visit: wesk.ca.

    -30-

    For more information, contact:

    MIL OSI Canada News –

    May 13, 2025
  • MIL-OSI Security: Group of six convicted of spying for Russia jailed for total of 50 years

    Source: United Kingdom London Metropolitan Police

    A group of six Bulgarians living in the UK have been jailed for a combined total of more than 50 years for being part of a spying operation across Europe on behalf of Russia.

    Following a three-month trial at the Old Bailey, two women and a man were found guilty of conspiring to obtain information intended to be directly or indirectly useful to Russia.

    Three other men pleaded guilty to Official Secrets Act charges before the trial started.

    Commander Dominic Murphy, head of the Met’s Counter Terrorism Command, said: “The strength of the investigation into the group’s surveillance operations left the ringleaders – Orlin Roussev and Bizer Dzhambazov – with no option but to plead guilty to the charges they faced.

    “As shown in footage from his initial interviews, Roussev firmly denied carrying out any espionage activity for Russia. However, before he was due to stand trial, he admitted that he had been part of the conspiracy to spy.

    “This was in large part due to the detailed analysis of more than 200,000 digital messages and hundreds of items seized from Roussev’s home address.

    “The investigation team worked incredibly hard to piece together a complex and wide-ranging conspiracy that I would describe as espionage on an industrial scale.

    “The significant jail sentences handed to the group reflect the serious threat they posed to the safety and interests of the UK, as well as targets across Europe.

    “This case is a clear example of the increasing amount of state threat casework we are dealing with in the UK. It also highlights a relatively new phenomenon whereby espionage is being ‘outsourced’ by certain states.

    “Regardless of the form the threat takes, this investigation shows that we will take action to identify and disrupt any such activity that puts UK national security and the safety of the public at risk.”

    The court heard that detectives from the Met’s Counter terrorism Command seized hundreds of items after a co-ordinated series of raids and arrests were carried out on 8 February 2023.

    In particular, a 33-room former hotel belonging to Roussev was found to contain items including sophisticated spying equipment such as listening devices, concealed cameras and a fake ID card printer.

    Through their investigation, detectives identified that Roussev, who was leading the group, was in direct contact with Jan Marsalek – an Austrian national who, in turn, was identified as working with the Russian intelligence services.

    The investigation team identified six core spying ‘plots’ the group were involved in. This included activity that targeted two investigative journalists who were seen as reporting stories contrary to the interests of the Russian state.

    A former senior Kazakh politician who lived in the UK was also targeted, and the group planned to stage protests at the Kazakhstan embassy in London. Both operations were part of an elaborate plan to help the Russia state gain favour with Kazakhstan.

    The group also carried out surveillance at a US military site in Germany, where they believed Ukrainian soldiers were being trained.

    Another man who was designated as a ‘foreign agent’ by Russia was also targeted by the group during surveillance operations in Montenegro.

    Sifting through thousands of messages, and then matching these up with physical travel, financial statements and surveillance reports and footage, meant detectives were able to build up a compelling picture of the group’s activity, as well as identify those involved and their roles within the group.

    The six members of the group, who were all sentenced at the Old Bailey on Monday, 12 May, were:

    – Orlin Roussev, 46 (06.02.1978) of Great Yarmouth, Norfolk, sentenced to 10 years’ and eight months imprisonment.
    – Bizer Maksimov Dzhambazov, 43 (21.04.1981), of Harrow, north London, sentenced to 10 years and two months’ imprisonment.
    – Katrin Nikolayeva Ivanova, 33 (01.07.1991) of Harrow, north London, sentenced to nine years and eight months’ imprisonment.
    – Ivan Iliev Stoyanov, 33 (22.12.1991) of Greenford, west London, sentenced to five years and three weeks’ imprisonment
    – Vanya Nikolaveva Gaberova, 30 (10.08.1994) of Euston, north London, sentenced to six years, eight months and three weeks’ imprisonment.
    – Tihomir Ivanov Ivanchev, 39 (31.07.85) of Acton, west London, sentenced to eight years’ imprisonment.

    Officers found that Roussev was directing the group’s activity, and was receiving tasks through his contact with Marsalak. Dzhambazov was effectively the second in command.

    The other four were involved in the execution of various espionage and surveillance activities across the UK and Europe in relation to the six plots identified by detectives.

    Ivanova, Gaberova and Ivanchev were all found guilty on 7 March of conspiracy to spy, contrary to Section 1 of the Criminal Law Act 1977.

    Roussev and Dzhambazov pleaded guilty before the trial started to the same offence.

    Stoyanov pleaded guilty before the trial to spying, contrary to section 1(1)(c) of the Official Secrets Act 1911.

    MIL Security OSI –

    May 13, 2025
  • MIL-OSI: OilXCoin Begins Capital Raise on Republic.com 

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, May 12, 2025 (GLOBE NEWSWIRE) — OilXCoin, the evolutionary digital asset grounded in real-world value, is proud to announce it will launch a Reg D capital raise through Republic, one of the industry’s leading platforms for compliant investment offerings. This milestone reaffirms the company’s commitment to transparency, investor protection, and broad market accessibility.

    Having secured regulatory approval for OilXCoin’s prospectus from the Financial Market Authority (FMA) in Liechtenstein, along with passporting rights across the European Economic Area (EEA), OilXCoin continues to raise the bar in real-world asset (RWA) tokenization

    By partnering with Republic, OilXCoin expands its reach across both traditional and crypto-native capital markets through a platform widely recognized for its credibility with global investor communities.

    “Partnering with Republic aligns well with our goal of delivering an asset-backed token to qualified investors as we position OilXCoin for its market entry.” said Dave Rademacher, Co-Founder of OilXCoin. “The platform is trusted by investors and has a track record of facilitating compliant, high-quality investment opportunities.” 

    OilXCoin offers investors exposure to natural gas and oil reserves and their upstream value chains. With a capped token supply and a dual revenue model that includes both natural gas & oil revenues and transaction activity within the blockchain ecosystem, OilXCoin is designed to be a resilient and scalable investment opportunity.

    This public raise builds on early momentum, with more than USD $1.7 million already secured through private placements and restricted securities sales, now providing an opportunity for accredited investors in the United States under Reg D to participate.

    “We believe OilXCoin offers something fundamentally different,” said Glenn McColpin, Head of Oil & Gas at OilXCoin. “By combining real asset backing with blockchain infrastructure – and now launching on platforms like Republic – we’re creating a new way for oil and gas reserves to be financed by investors.”

    With the tokenized asset market projected to grow exponentially, OilXCoin is well-positioned to lead in a space where demand for compliant, real-world asset exposure continues to rise.

    Follow along at x.com/oilxcoin and linkedin.com/oilxcoin to stay updated and be part of this new wave in digital, asset-backed investment.

    -ENDS-

    About OilXCoin:

    OilXCoin is a digital asset that combines the resilience of tangible real-world assets, specifically oil & gas (O&G) and their upstream value chains, with the innovation of blockchain technology, providing investors with a unique opportunity to access both the traditional O&G sector and the dynamic cryptocurrency markets.

    The token is a perpetual debt instrument that gives investors exposure to O&G assets of DeXentra GmbH. Upon a termination of the OilXCoin, holders will have a claim to a share of the (actual or estimated) net proceeds from the disposal of DeXentra GmbH’s O&G assets. The OilXCoin provides no fixed yield. The OilXCoin is issued in the form of ledger-based securities under Swiss law.

    Disclosure: Here

    Investor Notice:

    OilXCoin tokens are available solely to residents of select EEA jurisdictions* and Switzerland. U.S. persons may acquire tokens under Regulation D 506(c). Visit oilxcoin.io for further details and to view or request a copy of the prospectus for the OilXCoin.

    The information contained herein is provided for informational and discussion purposes only and is not intended to be a recommendation for any investment or other advice of any kind, and shall not constitute or imply any offer to purchase, sell, or hold any security or to enter into or engage in any type of transaction. Any such offers will only be made pursuant to formal offering materials containing full details regarding risks, minimum investment, fees, and expenses of such transaction. 

    The tokens offered hereby may be deemed to be securities under U.S. securities laws, and will be sold in the United States only to persons that qualify as “accredited investors” under an exemption provided by Rule 506(c) of Regulation D. The tokens will be subject to transfer restrictions and any U.S. investor should not assume that the tokens can be resold immediately. Neither the Securities and Exchange Commission nor any other regulatory agency has passed upon the merits of or has given its approval to the tokens, the terms of the offering, or the accuracy or completeness of any offering materials.

    *Austria, Belgium, Cyprus, Czech Republic, Denmark, France, Germany, Hungary, Ireland, Italy, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Spain and Sweden.

    Contact:

    Aroma Kumar
    Account Manager
    aroma@lunapr.io
    www.lunapr.io

    Media Notice:

    The information contained in this press release is intended solely for dissemination by media outlets to their affiliates located in the following jurisdictions: Austria, Belgium, Cyprus, Czech Republic, Denmark, France, Germany, Hungary, Ireland, Italy, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Spain, Sweden, Switzerland, and the United States of America.

    Distribution or sharing of the contents herein outside of these specified jurisdictions is strictly prohibited. Media outlets receiving this communication are responsible for ensuring compliance with this restriction and must exercise due diligence in disseminating information accordingly.

    The MIL Network –

    May 13, 2025
  • MIL-OSI USA: ART OF THE DEAL: U.S., China Ink Initial Trade Deal

    US Senate News:

    Source: The White House
    gure class=”wp-block-image aligncenter size-large is-resized”>
    President Donald J. Trump and his administration have secured another good deal for the American people — an initial trade deal with China that reduces tariffs, ends retaliation, and sets Americans on the path for truly free, fair trade.
    It’s the second significant trade breakthrough of the past week following President Trump’s landmark trade deal with the United Kingdom — and comes as President Trump enacts his transformational vision for liberating Americans from the unfair trade practices that have gripped workers and businesses for decades.
    At a press conference in Geneva, Secretary of the Treasury Scott Bessent and U.S. Trade Representative Ambassador Jamieson Greer laid out the details of the initial agreement:
    Secretary Bessent: “We have reached an agreement on a 90-day pause and substantially moved down the tariff levels — both sides, on the reciprocal tariffs, will move their tariffs down 115%.”
    Ambassador Greer: “Both the Chinese and the United States agreed to work constructively together on fentanyl and there’s a positive path forward there, as well.”
    Secretary Bessent: “The upside surprise for me from this weekend was the level of Chinese engagement on the fentanyl crisis in the United States. They brought the Deputy Minister for Public Safety … and he had a very robust and highly detailed discussion.”
    Ambassador Greer: “We are going to have our economy continue taking off as we put structure around these negotiations and get global trade into a better place.”
    Secretary Bessent then made the rounds on television to inform the American people of the landmark deal:
    On negotiations: “It was always respectful. We had the two largest economies in the world. We were firm — and we moved forward … We came with a list of problems that we were trying to solve and I think we did a good job on that.”
    On stopping precursors of fentanyl from China: “This is a priority for President Trump and, indeed, the whole administration … Hundreds of thousands of Americans die every year and I think that we saw here in Geneva that the Chinese are now serious about assisting the U.S. in stopping the flow of precursor drugs.”
    On non-tariff barriers: “We’ve had free trade, and as you said, that has not worked for the American people. There’s something called the ‘China shock,’ which has gutted our manufacturing sector … They subsidize labor, they subsidize capital goods, and they have exported that to us and to the rest of the world. We have put up tariffs to push back on that, so it will be a matter of what is the equilibrium level on tariffs and also getting China to open their markets for American companies.”
    On supply chains: “Bringing back our important strategic industries can be a result of tariffs, but it’s also a result of national will — so this administration is running full speed to make sure that what we saw during COVID never happens again.”
    On past agreements: “In January 2020, President Trump produced a template — we had an excellent trade agreement with China, and the Biden Administration chose not to enforce it. The Chinese delegation basically told us that once President Biden came into office, they just ignored their obligations.”

    MIL OSI USA News –

    May 13, 2025
  • MIL-OSI USA: USGS offers funding to states to find critical minerals in mine waste

    Source: US Geological Survey

    Interested state geological surveys can apply online at grants.gov under Funding Opportunity Number G25AS00258. 

    Applications are due by May 14, 2025. More information on how to apply can be found in the Notice of Funding Opportunity available at grants.gov.  

    “The USGS is partnering with state geological surveys to modernize our understanding of critical minerals in the U.S., both below ground and above ground in mine waste, and this competitive funding will help us get there,” said Jamey Jones, science coordinator for the USGS Earth Mapping Resources Initiative, also known as Earth MRI. “Minerals, such as germanium, are essential for high-performance computer chips used in applications that weren’t even dreamed of when old mines closed. Germanium often occurs with zinc in ore, and it might have been left behind in mine waste when zinc ore was processed.” 

    The cooperative agreements are offered through Earth MRI, a partnership with state geological surveys, private companies, academia and other state and federal agencies.  Earth MRI is transforming the nation’s mapping of the subsurface and mine wastes needed to assess mineral resources critical for the U.S. economy and national security, as directed by Executive Orders including “A Federal Strategy to Ensure Secure and Reliable Supplies of Critical Minerals” in 2017 and “Unleashing American Energy” in 2025. 

    Through this funding, Earth MRI will provide science to evaluate the potential to extract valuable minerals from mine waste. This $5 million funding opportunity supports USGS efforts to build a national mine-waste inventory and characterize mine waste at mine sites across the nation. It also supports partnering with state geological surveys to plan Earth MRI data acquisition. 

    Mine waste is the material left over after mining. It consists of tailings, the material that remains after mined ore is milled and concentrated, as well as waste rock and other materials that were removed to get to the ore or left behind during ore processing. 

    Some critical minerals, like rare earth elements, are known to occur alongside more commonly mined minerals like iron or nickel. Because of this, mine wastes are now being revisited to see if the waste has potential for critical-mineral commodities that were not a primary product of the original mining. Understanding what is in mine waste also helps identify potential hazards of reprocessing it to recover the critical minerals and other valuable commodities and opportunities for remediation. 

    For example, the USGS revisited legacy iron mines in the Adirondack Mountains of New York to determine if rare earth elements might occur there. Results indicated significant potential that merits further exploration, especially for rare earth elements. 

    Since 2018, Earth MRI has focused new data collection in parts of the nation with known or suspected critical mineral potential, significantly increasing high-quality data coverage and geologic mapping across large regions. New data collection and critical mineral mapping under Earth MRI is propelling efforts to make once-in-a-generation advancements in the nation’s geologic and geophysical data collections and critical minerals mapping.   


    The USGS provides science for a changing world. Learn more at https://www.usgs.gov or follow us on Facebook @USGeologicalSurvey, YouTube @USGS, Instagram @USGS, or Twitter @USGS. 

    MIL OSI USA News –

    May 13, 2025
  • MIL-OSI United Nations: 12 May 2025 News release WHO Results Report 2024 shows health progress across regions overcoming critical challenges

    Source: World Health Organisation

    The World Health Organization (WHO) Results Report 2024, shows progress on global health goals, even in times of growing financial uncertainties.

    The report, released ahead of the Seventy-eight World Health Assembly (19–27 May 2025), presents a mid-term assessment of WHO’s performance in implementing the Programme budget 2024–2025, providing a snapshot of progress towards the strategic priorities of the Thirteenth General Programme of Work, 2019–2025.

    The report highlights WHO’s work in over 150 countries, territories and provides an update on the implementation of the Thirteenth General Programme of Work, showcasing both the achievements so far and challenges ahead.

    “This report shows how, with WHO’s support, many countries are making progress on a huge range of health indicators, helping their populations to live healthier lives, giving them greater access to essential health services, and keeping them safer against health emergencies,” said Dr Tedros Adhanom Ghebreyesus, WHO Director-General. “In a world of multiple overlapping challenges and constrained resources for global health, these results demonstrate why the world needs a strong and sustainably-financed WHO, delivering the high-quality, trusted support on which countries and their people rely.”

    Progress on triple billion targets

    The report shows significant progress on coverage with essential health services, protection from health emergencies, and enjoyment of healthier lives. Still, the progress is insufficient to reach the health-related Sustainable Development Goals by 2030.

    On the first billion – 1 billion more people benefitting from universal health coverage – an estimated 431 million more people, close to half of the goal, are estimated to be covered with essential health services without catastrophic health spending. This progress is largely driven by improvements in the healthcare workforce, increased access to contraception and expanded HIV antiretroviral therapy. However, people continue to face financial hardships and challenges in immunization programmes persist.

    Regarding the second billion – 1 billion more people better protected from health emergencies – an estimated 637 million more people are better protected through stronger preparedness, surveillance, workforce capacity, and equitable access to tools and services, supported by reforms such as the amendments to the International Health Regulations. Yet financial constraints threaten pandemic response efforts. In the face of the H5N1 avian flu outbreak, there is a continued need for pandemic preparedness. After more than three years of negotiations, WHO member states have drafted a pandemic agreement that will be up for consideration at the upcoming World Health Assembly. The draft proposal includes measures for an increased research infrastructure, emergency global health workforces and other key mechanisms to prevent and respond to pandemic threats.

    For the third billion – 1 billion more people enjoying better health and well-being – the report shows that 1.4 billion more people are living with better health and well-being, surpassing the initial goal. This is due to reduced tobacco use, improved air quality, clean household fuels, and access to water, sanitation and hygiene (WASH). Key challenges lie in addressing increased obesity and alcohol consumption.

    However, reaching the goals faces growing challenges. Pause in foreign aid and reduction of health budgets further strain already fragile health systems, especially in communities with the greatest health needs. Financial constraints threaten pandemic response efforts. Reduced funding will also undermine hard-won progress.

    WHO has taken concrete steps to become more efficient and effective, including by improving operational efficiency and transparency through digital innovation, enhanced support services, and stronger risk and security systems. In 2024, WHO strengthened its support for generating, accessing and using data paving the way for more evidence-based programming and timelier on the ground impact.

    Highlighted accomplishments

    Seven countries eliminated a neglected tropical disease in 2024, reaching 54 countries that have eliminated at least one neglected tropical disease. Guinea worm disease is now closer than ever to eradication.

    WHO assigned 481 international nonproprietary names for medicines and 185 countries accessed the WHO database of medical devices nomenclature.

    Seventy million more people had access to mental health services by the end of 2024 and at least one million people living with a mental health condition received treatment.

    An emergency polio campaign in the Gaza Strip vaccinated more than half a million children.

    With support from the African Centers for Disease Control and Prevention, WHO distributed 259 000 mpox tests in 32 countries. Globally, 6 million mpox vaccine doses were pledged.

    WHO coordinated responses to 51 graded emergencies in 89 countries and territories. WHO’s emergency medical teams performed more than 37 000 surgeries and supported infection prevention and control, WASH, trauma care, and mental health support.

    WHO trained over 15 000 health providers and policy-makers across more than 160 Member States on addressing the health needs of refugees and migrants.

    WHO collaboration with UNICEF and other UN agencies has resulted in multiyear funding programmes in 15 high-burden countries, reaching 9.3 million children and saving an estimated 1 million lives.

    Increasing efficiency, the global digital health certification network supported by WHO has now enabled about 2 billion people to carry digital health records.

    WHO recognizes the sustained commitment of Member States and will work with new and existing donors and partners to secure additional funding. Securing predictable, sustainable and resilient financing is the key objective of the Investment Round, which has mobilized over US$ 1.7 billion in pledges from 71 contributors, covering 53% of WHO’s voluntary funding needs.

    The Results Report is crucial to WHO’s accountability to Member States. This report ensures that funding is used to deliver impact, results are regularly measured, and future needs are correctly identified, based upon lessons-learned.

    MIL OSI United Nations News –

    May 13, 2025
  • MIL-OSI Canada: Indigenous Economic Development Day Proclaimed in Saskatchewan

    Source: Government of Canada regional news

    Released on May 12, 2025

    The Government of Saskatchewan proclaimed May 12 as Indigenous Economic Development Day in the province. The day focuses on the importance of increased Indigenous participation in the economy, emphasizing its role in creating jobs, opportunities and improving the lives of all Saskatchewan residents.

    “Saskatchewan is fortunate to have a growing number of Indigenous-owned companies and organizations that are strong contributors to our province’s economic wellbeing,” Trade and Export Development Minister Warren Kaeding said. “Economic reconciliation remains a priority for our government, and we remain committed to creating more opportunities for Indigenous people and communities.” 

    The province is focused on fostering relationships and connecting Indigenous people to opportunities across all sectors. This has helped the number of off-reserve Indigenous workers reach a record high of 63,100 in 2024. 

    “Indigenous nations have culturally and historically been inter-tribal traders with sophisticated supply chains, practicing a form of free trade of highly valued goods long before the fur trade era and the arrival of settlers here on the prairies,” SIEDN Founder and Chair Milton Tootoosis said. “In recent times, Indigenous peoples and nations around the globe have embarked on nation-rebuilding movements with optimism and perseverance, all adding to economic growth collectively.”

    In the first quarter of 2025, 3.8 per cent of Saskatchewan’s private businesses were majority owned by First Nations or Métis people.

    The Government of Saskatchewan was proud to promote collaboration and partnership between Indigenous and non-Indigenous businesses at the most recent Indigenous Business Gathering (IBG). This year’s IBG was the biggest to date, attracting over 1,100 attendees and featuring more than 130 trade show booths. The IBG is one of the largest free-to-attend Indigenous economic development-focused events in the country.

    Indigenous Economic Development Day forms part of Economic Development Week, which runs from May 11 to May 17, 2025. The week recognizes the importance of economic development in building a robust economy that delivers for everyone in Saskatchewan. 

    -30-

    For more information, contact:

    MIL OSI Canada News –

    May 13, 2025
  • MIL-OSI Canada: Economic Development Week Celebrates Saskatchewan’s Strong Economy

    Source: Government of Canada regional news

    Released on May 12, 2025

    The Government of Saskatchewan has proclaimed May 11 to May 17 as Economic Development Week in the province. The week focuses on the crucial role of Saskatchewan businesses and economic development organizations in growing and creating opportunities in the province.

    “The work that our business community has been doing across the province, has led to strong investment and economic growth in recent years,” Trade and Export Development Minister Warren Kaeding said. “Businesses, and investors, are choosing Saskatchewan because of our low tax rates, our transparent regulatory environment and the strong suite of incentives with personalized support that we offer.”

    Private capital investment in Saskatchewan increased last year by 17.3 per cent to $14.7 billion, ranking first among provinces for growth. This influx of investment is creating jobs and opportunities for the people of the province and is leading to a better quality of life for all Saskatchewan citizens. 

    “Today, we recognize that economic development is an ongoing process rather than a result,” SEDA Chief Executive Officer Verona Thibault said. “It is a process that aims to improve socioeconomic wellbeing, resulting in wealth generation, job creation and community renewal. We celebrate leaders and community builders across Saskatchewan who invest their skills and resources to ensure our local and provincial prosperity.” 

    Saskatchewan is committed to fostering a competitive business environment where all businesses can succeed. Through its network of nine international offices, the province is able to attract investment from all over the world, while seeking new markets for its goods. 

    The strong entrepreneurial spirit that exists in Saskatchewan has led to some significant economic successes recently. The value of Saskatchewan exports increased from $17 billion in 2007 to nearly $50 billion on average over the past 3 years. 

    Statistics Canada’s latest GDP numbers also indicate that Saskatchewan’s 2024 real GDP reached an all-time high of $80.5 billion. This represents an increase of 3.4 per cent, which ranks second in terms of percentage change among the provinces. 

    As part of Economic Development Week, May 12 was proclaimed Indigenous Economic Development Day. The day highlights the impact that increased Indigenous participation in the provincial economy has on creating jobs, opportunities and improving the lives of all Saskatchewan people. 

    -30-

    For more information, contact:

    MIL OSI Canada News –

    May 13, 2025
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